Search found 2727 matches

Return to advanced search

Re: Retirement Check

contender wrote:is fidelity better than firecalc? firecalc is telling me what i want to hear. lol

w/r
contender



The Fidelity calculator is extremely detailed. If it's a go for you as well wouldn't you want to hear that too? ... and if not don't you want to know about flies in the ointment now?
by midareff
Sun Jan 25, 2015 10:27 am
 
Forum: Investing - Help with Personal Investments
Topic: Retirement Check
Replies: 31
Views: 3041

Re: Poll: Locating deceased person's assets

Things stuffed in drawers, clothes pockets, etc. Stock certificates missing or lost, just a mess.
by midareff
Sun Jan 25, 2015 9:33 am
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Locating deceased person's assets
Replies: 23
Views: 1010

Re: Preparing for RMDs

With 15/16 years left to RMD you may be able to convert enough to eventually move the needle a bit.
by midareff
Sat Jan 24, 2015 2:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: Preparing for RMDs
Replies: 40
Views: 2219

Re: 4% Withdrawal Rate Question

What are people's opinions on treating your annual social security income as part of your bond allocation? I've heard Bogle say that in one his interviews. I consider pension money, SS and withdrawal from investments as three separate legs. I consider only invested assets (equities, bonds, MM, CD's...
by midareff
Sat Jan 24, 2015 2:35 pm
 
Forum: Investing - Theory, News & General
Topic: 4% Withdrawal Rate Question
Replies: 16
Views: 1907

Re: WR Computation and reinvestment question.

That's the whole point. $30K a year in withdrawals and $30K a year in reinvestments. Net change zero. Does a zero net change = a 3% withdrawal rate? Your portfolio balance may not have changed, but you DID withdraw. On average, a portfolio balance grows... A 4% model ala Bengen actually aims at a '...
by midareff
Sat Jan 24, 2015 9:53 am
 
Forum: Investing - Theory, News & General
Topic: WR Computation and reinvestment question.
Replies: 5
Views: 436

Re: Is it worth it to buy a condo vs a house.

What are the monthly HOA fees, insurance and taxes? Sorry, a surface number. When you look at HOA you have to look at what's included. In the case of my condo it includes hot water and a/c (in South Florida), cable with expanded channels and two premium channels (SHO, CMAX), 24 hour security, 24 ho...
by midareff
Sat Jan 24, 2015 9:42 am
 
Forum: Personal Consumer Issues
Topic: Is it worth it to buy a condo vs a house.
Replies: 23
Views: 2060

Re: Anyone used Fujiflex Crystal Archive paper for prints?

I think the sale should include the digital master on CD or SD card, so should your original print deteriorate you have the means to have it reprinted. All printed mediums deteriorate. If you want some expert opinions you might try http://www.dpreview.com and the appropriate forum, which might be th...
by midareff
Sat Jan 24, 2015 9:36 am
 
Forum: Personal Consumer Issues
Topic: Anyone used Fujiflex Crystal Archive paper for prints?
Replies: 9
Views: 624

Re: 4% Withdrawal Rate Question

I started my retirement @ a WR significantly under the 3% I have (this year) raised it to. In reading the original Bengen study the data he used for the survivability analysis is much different than today's circumstances, such as 2% real from 5 year treasuries and the expected forward returns on equ...
by midareff
Sat Jan 24, 2015 9:26 am
 
Forum: Investing - Theory, News & General
Topic: 4% Withdrawal Rate Question
Replies: 16
Views: 1907

Re: Anyone used Fujiflex Crystal Arcive paper for prints?

Well it's not really framed, is it? It's essentially freehanging on a backer board, admittedly printed on high quality paper. Seems to me it depends on if you wanted the image to have the effect of a frame. I'm old fashioned that way -- I like a good custom framing job, with a well chosen matte. +1...
by midareff
Sat Jan 24, 2015 8:36 am
 
Forum: Personal Consumer Issues
Topic: Anyone used Fujiflex Crystal Archive paper for prints?
Replies: 9
Views: 624

Re: WR Computation and reinvestment question.

3% for sure. Dividends are just one form of return on the principal. If you reinvest dividends, they are part of the portfolio balance growth, and total return stats always assume that. And if you don't reinvest dividends (which wasn't your scenario, but maybe your real question), then it should be...
by midareff
Fri Jan 23, 2015 10:29 am
 
Forum: Investing - Theory, News & General
Topic: WR Computation and reinvestment question.
Replies: 5
Views: 436

WR Computation and reinvestment question.

For the purpose of simplicity let's assume a $1M portfolio split evenly between taxable and IRA. Let's say equities in taxable throw $6K a year in dividends, which the retiree takes as income. The retiree also sells and withdraws $2K a month from a bond fund in taxable for a total withdrawal of $30K...
by midareff
Fri Jan 23, 2015 9:13 am
 
Forum: Investing - Theory, News & General
Topic: WR Computation and reinvestment question.
Replies: 5
Views: 436

Re: Southern Florida -- East Coast vs West Coast

Sanibel/Captiva was cut in half during the last hurricane there and is nothing like it used to. Try Google Earth. Marco is a bit crowded and not the resort destination it was decades ago.
by midareff
Thu Jan 22, 2015 10:28 pm
 
Forum: Personal Consumer Issues
Topic: Southern Florida -- East Coast vs West Coast
Replies: 5
Views: 661

Re: Hedge fund loses 99.8% of all funds, $100m down to $200k

I feel bad for the poor folks who may not have known better and were sold this pile of crap by some "Advosor" they trusted.
by midareff
Thu Jan 22, 2015 3:56 pm
 
Forum: Investing - Theory, News & General
Topic: Hedge fund loses 99.8% of all funds, $100m down to $200k.
Replies: 59
Views: 6586

Re: What do you drive, and why?

Just got invited to test drive a 650S McLaren. They said I get at least 25 minutes driving time in. LOL, the checkbook stays home, I booked the RSVP.
by midareff
Thu Jan 22, 2015 3:52 pm
 
Forum: Personal Consumer Issues
Topic: What do you drive, and why?
Replies: 186
Views: 14933

Re: 7 nights- Scotland or Ireland?

I have been to both, and liked both. Plenty of history. Very true but if I had to pick it would be Ireland. Whether you enjoy an occasional whiskey or pint or not be sure to stop at some of the local pubs. In twenty minutes it's like having a drink with 30 of your closest friends. ... friendliest p...
by midareff
Mon Jan 19, 2015 12:53 pm
 
Forum: Personal Consumer Issues
Topic: 7 nights- Scotland or Ireland?
Replies: 31
Views: 1978

Re: American Express Blue preferred vs Sallie Mae Mastercard

My current main CC is a capital one venture rewards card which give me 2% back, no foreign exchange fees. I also have a Costco Am Ex card but we moved to a new city earlier this year and there is no Costco nearby so I will cancel my Costco membership and the Costco Am Ex card. I am thinking of gett...
by midareff
Mon Jan 19, 2015 11:49 am
 
Forum: Personal Consumer Issues
Topic: American Express Blue preferred vs Sallie Mae Mastercard
Replies: 25
Views: 3451

Re: Tilting to Corp. Bonds

That downwards bump doesn't mean much to a disciplined investor UNLESS he has to sell IT IG during that period. I happen to hold an allocation to IT IG in my IRA. "That downwards bump doesn't mean much to a disciplined investor UNLESS he has wants to sell IT IG during that period." Wants ...
by midareff
Sun Jan 18, 2015 11:12 pm
 
Forum: Investing - Theory, News & General
Topic: Tilting to Corp. Bonds
Replies: 36
Views: 2898

Re: 5.6% stable value fund - what allocation?

Hi - just wanted to post a general question to get the thoughts of those on the forum. I have access in my 401K to a fund that has a guaranteed return. For this year it is 5.6%. I know age, assets ,etc.would all come into this discussion, but I have not seen this discussed. It would seem that an al...
by midareff
Sun Jan 18, 2015 2:13 pm
 
Forum: Investing - Theory, News & General
Topic: 5.6% stable value fund - what allocation?
Replies: 12
Views: 941

Re: Initial SEC yield and subsequent 5yr and 10yr returns

No caveat needed. The historical record clearly shows that in spite of constantly changing interest rates and yield curves, the initial SEC yield is predicts the subsequent 10 year yield with a good degree of accuracy. I just don't know what a backwards looking predictor tells me of value. Should I...
by midareff
Sun Jan 18, 2015 11:52 am
 
Forum: Investing - Theory, News & General
Topic: Initial SEC yield and subsequent 5yr and 10yr returns
Replies: 105
Views: 4703

Re: Florida in the summer

I have lived in Southeast Florida since 1975. One thing to realize about living here is that climate control is ubiquitous, so other than transporting yourself from wherever your body is presently located to the car (which is also air conditioned) nobody needs to be in the full blast of weather for...
by midareff
Sun Jan 18, 2015 11:51 am
 
Forum: Personal Consumer Issues
Topic: Florida in the summer
Replies: 81
Views: 5442

Re: spousal or partner frugality comparison poll

My lovely bride isn't frugal.. she just HATES to spend money on anything.
by midareff
Sun Jan 18, 2015 11:39 am
 
Forum: Personal Finance (Not Investing)
Topic: spousal or partner frugality comparison poll
Replies: 18
Views: 1810

Re: Tilting to Corp. Bonds

All of this seems to miss a point or two IMHO. That downwards bump doesn't mean much to a disciplined investor UNLESS he has to sell IT IG during that period. I happen to hold an allocation to IT IG in my IRA. I'm 4 years out from the year I turn 70.5 so it means little now. As I get closer I will p...
by midareff
Sun Jan 18, 2015 11:26 am
 
Forum: Investing - Theory, News & General
Topic: Tilting to Corp. Bonds
Replies: 36
Views: 2898

Re: Why invest in International funds? It's a mystery

http://www.bogleheads.org/w/images/1/11/US-International.png [/quote] I'm about 35% International since that's how last year wound up. International underperformed in the last half of 2014, to which I say, so what. International performed better than domestic in 10 of the last 21 years. Try the Cal...
by midareff
Sun Jan 18, 2015 11:11 am
 
Forum: Investing - Theory, News & General
Topic: Why invest in International funds? It's a mystery
Replies: 121
Views: 10384

Re: Initial SEC yield and subsequent 5yr and 10yr returns

billyt wrote:dkturner: You are misinformed. SEC yield is a very accurate predictor of subsequent 10 year return.



Don't you need a caveat here... such as in an environment where the interest rates DON'T CHANGE.
by midareff
Sun Jan 18, 2015 11:06 am
 
Forum: Investing - Theory, News & General
Topic: Initial SEC yield and subsequent 5yr and 10yr returns
Replies: 105
Views: 4703

Re: How Can Short-Term Tax Exempt Make Sense?

The ST Tax-Ex is presently distributing .70% tax free. If your tax rate is 28% that would make it better than most MM and savings accounts. If you needed to park money for a couple of days between transactions and needed very stable NAV's it might make better sense than a bank.
by midareff
Sun Jan 18, 2015 11:03 am
 
Forum: Investing - Theory, News & General
Topic: How Can Short-Term Tax Exempt Make Sense?
Replies: 13
Views: 1575

Re: Tilting to Corp. Bonds

... Of course there is... VFIDX 5.3 years duration, expense .10% Unfortunately the Yahoo data only goes back to 1980 which meets a lot of purposes. For data analysis, I'm interested in rising rate period of 1954 to 1982 (especially 1954 - 1977 or so). Interest rates back to 1971 can be had here. ht...
by midareff
Sat Jan 17, 2015 12:17 pm
 
Forum: Investing - Theory, News & General
Topic: Tilting to Corp. Bonds
Replies: 36
Views: 2898

Re: Tilting to Corp. Bonds

... The spread went way up during the recession but then leveled out for the next five yeas at ~ 4% with corporate yields deceasing along with Treasuries. In the last year we have seen the yields stopped in their tracking with Treasuries moving up and corporates down (sort of) which dropped the spr...
by midareff
Sat Jan 17, 2015 12:00 pm
 
Forum: Investing - Theory, News & General
Topic: Tilting to Corp. Bonds
Replies: 36
Views: 2898

Re: Poll: Your Max. REIT Allocation

If I look back to the 2010-2011 time frame they were at 12%. They did great and I harvested and trimmed to 10%, and repeated the process again late 2013 reducing the allocation to 7.5%. I listened to the noise all last year about how they were overvalued and due for a crash, and did nothing. Now we ...
by midareff
Sat Jan 17, 2015 11:54 am
 
Forum: Investing - Theory, News & General
Topic: Poll: Your Max. REIT Allocation
Replies: 54
Views: 3951

Re: How do I retire?

Thanks so much to everyone for the responses. It means a lot, especially coming from such a darn smart bunch. :) Some of you asked for more specific information. I'm single. Current expenses are about $5-6000 a month. Live in Manhattan, NY. I own a small one-bedroom apartment free and clear, althou...
by midareff
Sat Jan 17, 2015 10:02 am
 
Forum: Personal Finance (Not Investing)
Topic: How do I retire?
Replies: 53
Views: 4674

Re: Tilting to Corp. Bonds

Does anyone have any thoughts about the unusual situation we have been in since 2009 with respect to the Federal Reserve Board's participation in the market for Treasury securities? Does anyone think that Fed participation in the Treasury market may have been distorting the relationship between the...
by midareff
Sat Jan 17, 2015 9:12 am
 
Forum: Investing - Theory, News & General
Topic: Tilting to Corp. Bonds
Replies: 36
Views: 2898

Re: How do I retire?

You seem to be a very conservative investor. You might like Wm Bernstein's approach of having 20-25 years worth of drawdown/income needs in "safe" products e.g. short term bond funds, CDs etc. The excess can be invested anyway you want from 100% in equities to 0% in equities. You basicall...
by midareff
Sat Jan 17, 2015 8:47 am
 
Forum: Personal Finance (Not Investing)
Topic: How do I retire?
Replies: 53
Views: 4674

Re: RA Expected Returns update yearend '14

Since 2008, the market has flocked into low risk (bonds paying essentially nothing) and dividend producing ( utilities, REITS, high dividend stocks) areas. I believe these areas to be overcrowded and overvalued at present. Ultimately (whenever that is) I believe this tide will turn. It's a good ris...
by midareff
Sat Jan 17, 2015 8:33 am
 
Forum: Investing - Theory, News & General
Topic: RA Expected Returns update yearend '14
Replies: 10
Views: 1152

Re: Tilting to Corp. Bonds

I think you have to look at and absorb the gain/decline numbers Taylor put forth. If you were fortunate enough to market-time (yes, market time) the bottom you would have had about 9% or so more to rebalance with. Not so lucky market timing not so great an amount. If you were going to hold pat a dif...
by midareff
Fri Jan 16, 2015 2:36 pm
 
Forum: Investing - Theory, News & General
Topic: Tilting to Corp. Bonds
Replies: 36
Views: 2898

Re: How Long Do You Keep Tax Records?

I have back through 1996 on hard drive. They don't take enough space to be concerned about keeping them.
by midareff
Fri Jan 16, 2015 12:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: How Long Do You Keep Tax Records?
Replies: 28
Views: 2403

Re: Is a Sub-4% SWR a Boglehead Quirk?

... The other way is to use a very specific tool for the job. This tool pretty well solves the problem of "dying with much of your nest egg intact." It is directly targeted on longevity risk, unlike portfolio withdrawal strategies that have no connection with your personal life span and d...
by midareff
Fri Jan 16, 2015 12:34 pm
 
Forum: Investing - Theory, News & General
Topic: Is a Sub-4% SWR a Boglehead Quirk?
Replies: 177
Views: 10627

Re: New Home: All cash or mortgage?

I'm in the other camp... with mortgage rates down to 3.25% again inflation will make a mortgage look like lunch money in the longer term. .. not to mention the interest deduct for the IRS. There's good debt and bad debt, this is good debt at that rate.
by midareff
Fri Jan 16, 2015 9:12 am
 
Forum: Personal Finance (Not Investing)
Topic: New Home: All cash or mortgage?
Replies: 21
Views: 1773

Re: Finally joined the two comma club

Congratulations and best wishes for much, much more. :mrgreen:
by midareff
Thu Jan 15, 2015 10:27 am
 
Forum: Investing - Help with Personal Investments
Topic: Finally joined the two comma club
Replies: 42
Views: 6139

Re: Retirees: Do you work part-time for pay?

retired since April 1, 2012. I've been so busy doing nothing that I can't seem to finish all the nothing I have to do, even in a long day. This morning, for example, I'm trying to finish up all the nothing I couldn't get to yesterday. Problem is... we going to the movies in an hour or two and then o...
by midareff
Thu Jan 15, 2015 9:02 am
 
Forum: Personal Consumer Issues
Topic: Retirees: Do you work part-time for pay?
Replies: 58
Views: 4911

Re: Amex Fidelity CC 2% Cash Back

I've had my Fido Amex 2% since 2009. It is set on auto-pay in full monthly since day one so I have never paid a penny in interest. They automatically ($50 minimum) pay rewards to my Fido MM account. Since I use for everything possible besides groceries (AMEX Blue Pref 6%) and gas (PenFed 5%) rewards...
by midareff
Thu Jan 15, 2015 8:50 am
 
Forum: Personal Finance (Not Investing)
Topic: Amex Fidelity CC 2% Cash Back
Replies: 60
Views: 5266

Re: More on rising interest rates

Seems to me many European government are even lower yielding.
by midareff
Wed Jan 14, 2015 7:34 pm
 
Forum: Investing - Theory, News & General
Topic: More on rising interest rates
Replies: 11
Views: 1252

Re: When your spouse isn't quite as frugal as you

I think you need to cut the guy some slack. Freeze his petunia's off and there is a problem with lunch out? A coffee and something on the way in... SO WHAT!
by midareff
Wed Jan 14, 2015 7:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: When your spouse isn't quite as frugal as you
Replies: 94
Views: 8579

Re: Get ready for lower SWR

jfn111 wrote:As long as you didn't retire until age 95 the 4% should be fine. :D



+1
by midareff
Tue Jan 13, 2015 8:29 am
 
Forum: Personal Finance (Not Investing)
Topic: Get ready for lower SWR
Replies: 13
Views: 2071

Re: How to figure the odds of going broke.

Fido has an excellent very detailed planner as well.

The problem with all of this is you have to figure you will live the 30, and the thought of doing the last however many years old, fragile, needy and unable to do anything about any of it kind of frightening.
by midareff
Tue Jan 13, 2015 8:28 am
 
Forum: Investing - Theory, News & General
Topic: How to figure the odds of going broke.
Replies: 10
Views: 1811

Re: Ever get 'Antsy' following BH

I'm getting antsy because I feel like by not 'doing' anything I'm missing out on opportunity. Purelife: An investor's worst enemy is often themselves. Next time you feel "antsy," remember these words of Jack Bogle: "Don't do something. Stand there!" Best wishes. Taylor or the wo...
by midareff
Mon Jan 12, 2015 10:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Ever get 'Antsy' following BH
Replies: 26
Views: 2698

Re: Is a Sub-4% SWR a Boglehead Quirk?

For those who believe a 4% SWR is based on the worst of times, and feel that one should have and could have the flexibility to adjust the percentage based on good times and bad, I'm curious: If you were to make your annual draw from your portfolio today for 2015, what percentage would you use? Why ...
by midareff
Mon Jan 12, 2015 6:03 pm
 
Forum: Investing - Theory, News & General
Topic: Is a Sub-4% SWR a Boglehead Quirk?
Replies: 177
Views: 10627

Re: Is a Sub-4% SWR a Boglehead Quirk?

The concept of having an 85% chance of having enough would never have flown. Run out of money when you can fend for yourself the least? Really? If you knew how long you were going to live the math becomes simple. If you save enough the math becomes simple too. Exactly! There is an enormous differen...
by midareff
Mon Jan 12, 2015 5:38 pm
 
Forum: Investing - Theory, News & General
Topic: Is a Sub-4% SWR a Boglehead Quirk?
Replies: 177
Views: 10627

Re: Is a Sub-4% SWR a Boglehead Quirk?

Homer, I agree with everything that you have said. Let me ask you a question. If we experience another 2008-2009 Market meltdown would you continue to take your inflation adjusted 4%? I'm 50/50, so I'd take it out of bond funds, not stock funds... but yeah I'd probably take only 1 vacation that yea...
by midareff
Mon Jan 12, 2015 5:29 pm
 
Forum: Investing - Theory, News & General
Topic: Is a Sub-4% SWR a Boglehead Quirk?
Replies: 177
Views: 10627

Re: Is a Sub-4% SWR a Boglehead Quirk?

Here's Vanguard research with a chart showing you need withdrawal rates no higher than 4% over 30 years to have a 85% success rate. http://www.vanguard.com/pdf/s325.pdf 85% doesn't sound very safe to me. YMMV. Longer time periods implied lower withdrawal rates. More safety would also imply a lower ...
by midareff
Mon Jan 12, 2015 3:24 pm
 
Forum: Investing - Theory, News & General
Topic: Is a Sub-4% SWR a Boglehead Quirk?
Replies: 177
Views: 10627

Re: Should pension plans be relied upon for retirement?

I'm retired with a state pension from a top 6 or so well funded state. The state changed it's pension plan going forward about three years ago to prorate the cola, and require contributions of 3% from participants. I'm part of the fortunate group who had my employer pay the contribution and have a 3...
by midareff
Mon Jan 12, 2015 10:01 am
 
Forum: Personal Finance (Not Investing)
Topic: Should pension plans be relied upon for retirement?
Replies: 35
Views: 3087

Re: Chief hand wringer frets over Bond Allocation

FWIW I'm 67, retired and use my portfolio to supplement SS and my pension. My AA is roughly 46% equities, 51% FI and 3% cash. I walk up to it a bit differently.... I keep 2 years monthly draw in taxable in Limited Term Muni's which is about 1/4 of the bonds in taxable, the rest being IT Muni's. In m...
by midareff
Mon Jan 12, 2015 9:53 am
 
Forum: Investing - Help with Personal Investments
Topic: Chief hand wringer frets over Bond Allocation
Replies: 15
Views: 1859
Next

Return to advanced search