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Re: Do I take the separation package offer?

I can answer that one, no unemployment - this is a voluntary offer. I got a better offer, but at a younger age (2 years pay and 25k towards health care). Unlike you I was born to retire. I had 6 months to decide so no rush judgement. If you fell like staying good for you, if not also good for you. I...
by rickmerrill
Tue Apr 08, 2014 4:50 am
 
Forum: Personal Finance (Not Investing)
Topic: Do I take the separation package offer?
Replies: 52
Views: 5476

Re: HUGE retirement decision.

I had to make a similar decision about a year ago. Circumstances are different as my DW is 10 years younger. Other than do what feels right, as EnglishGirl said, remember that taxes on a single person might be a little higher than for a couple than for a single person. This decision is tuff as you d...
by rickmerrill
Mon Mar 10, 2014 2:21 am
 
Forum: Personal Finance (Not Investing)
Topic: HUGE retirement decision.
Replies: 71
Views: 6608

Re: Any sailboat owners out there?

Grew up sailing, first a 10' sailing dingy then a 17' day sailer. Now we charter most years in places like the British Virgin Islands, San Juan Islands, Antiqua, St. Lucia and Greece. I've had the best memories of my life in boats. Spent last years of working dreaming/researching all things sailing ...
by rickmerrill
Mon Mar 10, 2014 1:48 am
 
Forum: Personal Finance (Not Investing)
Topic: Any sailboat owners out there?
Replies: 10
Views: 995

Re: Tipping for take out

If you tip your bartender for handing you a beer, you should tip the folks at the restaurant for packaging your take-out meal. I may tip my favorite lap dancer $5 at a local gents club, but her job is pretty-much all service. The beer is extra. Thanks for the belly laugh! You deserve a tip for that...
by rickmerrill
Sun Mar 09, 2014 2:27 am
 
Forum: Personal Finance (Not Investing)
Topic: Tipping for take out
Replies: 57
Views: 5283

Re: Retirees: About your retirement

Both, a goal and an offer I couldn't refuse came along. You never know...
by rickmerrill
Sat Mar 08, 2014 2:53 am
 
Forum: Investing - Theory, News & General
Topic: Retirees: About your retirement
Replies: 55
Views: 6008

Re: Kitchen Renovation: Go big....or not?

There are things you see that can add value and there are things that just cost money to make it right. If you go with #2 expect a lot of the latter in a house that old. In fact, expect the unexpected! Electrical - will you need a service upgrade? Remember, every circuit they change will need to be ...
by rickmerrill
Sat Mar 08, 2014 2:26 am
 
Forum: Personal Consumer Issues
Topic: Kitchen Renovation: Go big....or not?
Replies: 25
Views: 1965

Re: Signing up for SS before 70

As someone said above it probably isn't going to make a big difference either way but, I am going to use the worst case I can come up with as an example of why you might want to continue to delay. Say you pass sooner rather than later after you file for SS, the market enters a poor sequence of retur...
by rickmerrill
Tue Jan 21, 2014 3:16 am
 
Forum: Personal Finance (Not Investing)
Topic: Signing up for SS before 70
Replies: 60
Views: 3602

Re: Pension---lump sum or annuity?

Some comments... SS - realize that your surviving spouse will get the greater of her SS or yours. As yours is larger it would seem that delaying your benefit would be a wise move. Also remember that she will be filing single so there will be a higher tax burden. I don't think in terms of getting the...
by rickmerrill
Fri Jan 03, 2014 4:58 am
 
Forum: Personal Finance (Not Investing)
Topic: Pension---lump sum or annuity?
Replies: 46
Views: 3216

Re: A monkey could have made money in 2013

Take a look at asking portfolio questions - we need the expense ratios of each investment. In loose order I'd take the following steps: First, come up with a plan - lookup IPS (investment policy statement) and start thinking about an asset allocation that you can be comfortable with. Second, simplif...
by rickmerrill
Mon Dec 30, 2013 2:34 am
 
Forum: Investing - Help with Personal Investments
Topic: A monkey could have made money in 2013
Replies: 14
Views: 2617

Re: How many folks have a dog?

We rescued two small mixed breeds from a vet (same litter). I think we got all vaccinations and neutering for free (Boglhead style). I support the local animal rescue group but their requirements can be tough; vets and humane society are glad you want to adopt. I prefer mutts due to overbreeding iss...
by rickmerrill
Thu Dec 26, 2013 2:48 am
 
Forum: Personal Consumer Issues
Topic: How many folks have a dog?
Replies: 112
Views: 7240

Re: Roth 5 Year Clarification

Below is a "table approach" for understanding Roth IRA withdrawal rules which can be found in the Fairmark forum. The discussion that went on while it was being created is also helpful [url]fairmark.com/forum/read.php?2,54159[/url] Roth IRA Table UNDER AGE 59.5 FIVE YEAR CONVERSION HOLDING...
by rickmerrill
Mon Dec 23, 2013 2:05 am
 
Forum: Investing - Theory, News & General
Topic: Roth 5 Year Clarification
Replies: 13
Views: 1099

Re: Help how to invest 200k?

Welcome to the Bogleheads. I'm not clear what time frame you have in mind for spending this money. If you are going to use it to buy a house in the next 5 years you should be conservative I f it is for retirement in 30 years that would probably be a mistake. That is why you will get much better feed...
by rickmerrill
Fri Dec 20, 2013 4:13 am
 
Forum: Investing - Help with Personal Investments
Topic: Help how to invest 200k?
Replies: 13
Views: 2482

Re: automobile extended warranty pricing

I don't know all of the details on how dealership warranties are priced and haven't found the article that gives the entire story but in general my readings say they are a bad deal. First I have to figure they won't offer something that works in your favor. Then the quick retreat to a lower price pl...
by rickmerrill
Sat Dec 14, 2013 3:11 am
 
Forum: Personal Consumer Issues
Topic: automobile extended warranty pricing
Replies: 7
Views: 769

Re: How to respond to request for current salary in an inter

From some book on how to interview, I just stated that I was more interested in the opportunity and would not want salary to stand in the way, which was true. I don't think I was ever asked what I made but I haven't interviewed for over 25 years. I'm sorry - rant follows: Some of you must have had t...
by rickmerrill
Fri Dec 13, 2013 5:57 am
 
Forum: Personal Finance (Not Investing)
Topic: How to respond to request for current salary in an interview
Replies: 113
Views: 7674

Re: Tips on staying the course...

Do you guys generally avoid financial channels and financial news? Yes. Nothing actionable there. Do you avoid logging into your account? Do you even look at what the markets did on any given day? I look just for fun, not going to change my plan. As a new retiree and newly minted member of the two ...
by rickmerrill
Thu Dec 12, 2013 1:17 am
 
Forum: Investing - Help with Personal Investments
Topic: Tips on staying the course...
Replies: 19
Views: 1464

Re: I have no idea what I am doing. Evidence below.

Move the money in your other funds into the recommended portfolio.
by rickmerrill
Wed Dec 11, 2013 1:31 am
 
Forum: Investing - Help with Personal Investments
Topic: I have no idea what I am doing. Evidence below.
Replies: 20
Views: 1950

Re: Computer Hardware Experts: Is my hardrive on its last l

I hope bnttwnbnt comes back with the results of his drive tests! I'll go on record with the "sounds like the hard drive is starting to fail" bunch - just so I can be a part of the celebration, if that's it. I see a 320gb (5400 rpm) laptop drive on amazon for $50. But with support going awa...
by rickmerrill
Tue Dec 10, 2013 9:35 pm
 
Forum: Personal Consumer Issues
Topic: Computer Hardware Experts: Is my hardrive on its last leg?
Replies: 45
Views: 2593

Re: London and Paris Trip Advice

I also recommend seeing Agatha Christie's Mousetrap play at St. Martin's Theatre. It has run continuously for over 60 years. Funny, I was planning to see at least one play in London after my father had mentioned that London is a bargain but equal to Broadway and with smaller, more intimate theaters...
by rickmerrill
Sat Dec 07, 2013 3:35 am
 
Forum: Personal Consumer Issues
Topic: London and Paris Trip Advice
Replies: 34
Views: 2394

Re: Favorite Podcasts?

The Skeptics Guide To The Universe - science and skepticism
Car Talk
Planet Money
by rickmerrill
Wed Dec 04, 2013 1:58 am
 
Forum: Personal Consumer Issues
Topic: Favorite Podcasts?
Replies: 22
Views: 1767

Re: Retiring at 50

1) It is a situation highly dependent on your specific circumstances and personality. Consider advice from others, but be prepared for things to be different. 2) You remain the same person. I found that completely new activities (such as the standard volunteer work) were interesting for a while, bu...
by rickmerrill
Mon Dec 02, 2013 2:55 am
 
Forum: Personal Consumer Issues
Topic: Retiring at 50
Replies: 67
Views: 8756

Re: Thank you moderators, site administrators

Once you've experienced the "free for all" boards you come to appreciate the difficult job the moderators have and how well they do it. When I read an article and then the comments that follow I am reminded how strong peoples opinions on "issues" can be and of how little informat...
by rickmerrill
Mon Dec 02, 2013 2:09 am
 
Forum: Forum Issues and Administration
Topic: Thank you moderators, site administrators
Replies: 32
Views: 1869

Re: The JFK Assassination

I must have been in 2nd or 3rd grade. We had moved to a room with a screen and a projector to watch some sort of an educational film. Our principal came in and asked our teacher to stop the projector, she had an announcement to make. I remember thinking that she didn't look normal. I think we immedi...
by rickmerrill
Sat Nov 23, 2013 4:21 am
 
Forum: Local Chapters and Bogleheads Community
Topic: The JFK Assassination
Replies: 42
Views: 2632

Re: A "Newbie" Asks For Help For Retirement

Sir, you have won the game! Yes, move the tax advantaged assets to VG in the funds you suggested - this can be accomplished by a call to VG. You don't appear to have a need to take a lot of risk but you do have the ability. Personal opinion, I'd lower my allocation to stocks. You will need to balanc...
by rickmerrill
Wed Nov 20, 2013 4:04 am
 
Forum: Investing - Help with Personal Investments
Topic: A "Newbie" Asks For Help For Retirement
Replies: 12
Views: 1541

Re: clueless about wireless

To simplify, I'll assume your basic goal is to get that Nook hooked up on your own wireless network. If you want to change providers first we might have to back up a bit (for example, u-verse has a box that already comes with wireless built in), otherwise all you are going to need to begin is an unu...
by rickmerrill
Sat Nov 16, 2013 3:26 am
 
Forum: Personal Consumer Issues
Topic: clueless about wireless
Replies: 62
Views: 2983

Re: Investing Priority - Should 401k be 1st in this case.

Your eligibility to deduct contributions to your Traditional IRA depends on your Modified Adjusted Gross Income (MAGI) and whether you have a retirement plan at work. If you are covered by a retirement plan at work During the 2013 tax year: Fully deductible if MAGI is less than $59,000 (single) or $...
by rickmerrill
Wed Nov 13, 2013 1:18 am
 
Forum: Investing - Theory, News & General
Topic: Investing Priority - Should 401k be 1st in this case.
Replies: 15
Views: 1298

Re: Looking for fee-only decumulation advisor

Duvius, welcome to the forum! Sorry, I don't have anyone I can recommend that could help with your inquiry but if you do find someone please let us know. I just retired in June and I found saving and investing for retirement to be much simpler, especially since I discovered the Bogleheads, than plan...
by rickmerrill
Thu Nov 07, 2013 3:12 am
 
Forum: Investing - Help with Personal Investments
Topic: Looking for fee-only decumulation advisor
Replies: 18
Views: 1561

Re: Aheville NC as a final destination

Parents transfered to Asheville just before retirement and stayed. I have visited once or twice a year for over 20 years now. I'll just say that it has the most unusual mix of hippie/artsey and mountain/red-neck people I've every come across. My opinions on Asheville as a final destination: Two good...
by rickmerrill
Wed Nov 06, 2013 9:02 pm
 
Forum: Personal Consumer Issues
Topic: Asheville NC as a final destination
Replies: 65
Views: 4862

Re: FA or just index funds?

Welcome to the forum! This investment fee calculator http://www.buyupside.com/calculators/feesdec07.htm shows it would cost you almost 6M in 30 years. A little less than half for the advisor and a little over half in opportunity cost. A little investment in your time will pay off big. Besides, you h...
by rickmerrill
Fri Nov 01, 2013 3:05 am
 
Forum: Investing - Help with Personal Investments
Topic: FA or just index funds?
Replies: 35
Views: 2624

Re: SWR, early retirement question

And run it several times because each run will give different results; they are random after all.
by rickmerrill
Mon Oct 28, 2013 2:44 am
 
Forum: Investing - Help with Personal Investments
Topic: SWR, early retirement question
Replies: 13
Views: 1507

Re: Neurosleep - does it work?

A few thoughts from from someone who is a perpetual skeptic and believes in scientific evidence: Are there any scientific peer reviewed studies supporting their claims? I haven't found any in a quick google search. Has the product got FDA approval - much more rigid than the supplement market require...
by rickmerrill
Tue Oct 22, 2013 2:27 am
 
Forum: Personal Consumer Issues
Topic: Neurosleep - does it work?
Replies: 17
Views: 1364

Re: Is it ever a good idea to sell at a loss?

I don't invest in precious metals but I did find a couple of pearls of wisdom in this thread: from MoonOrb... It doesn't matter how much he put in to start. Forget about that. The issue is "my brother has ~$41k in precious metals and $[x] in ______ assets. How should he allocate his assets?&quo...
by rickmerrill
Tue Oct 22, 2013 1:05 am
 
Forum: Investing - Help with Personal Investments
Topic: Is it ever a good idea to sell at a loss?
Replies: 27
Views: 2028

Re: Need Help - Just got out of Whole life insurance

Hey ysyoo87, you are 26 and planning to invest about 16% per year - way ahead of many of us at that age - not to mention you found the Bogleheads early and dumped the insurance product; you'll miss out on making a lot of investing mistakes because of this forum. There is a good chance that you'll fi...
by rickmerrill
Mon Oct 21, 2013 6:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need Help - Just got out of Whole life insurance
Replies: 9
Views: 567

Re: Advisor Unhappiness...it seems easy but...

One other thing, actually 2. Do you guys recommend and specific sites to do research on potential funds? 2. Why is it not necessarily good to look for something with long track records of good returns? That is a red flag! The reason it's not a good idea to look at track records is because "pas...
by rickmerrill
Sun Oct 20, 2013 3:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advisor Unhappiness...it seems easy but...
Replies: 64
Views: 6163

Re: Roth IRA for emergency fund?

The plan: Keep the existing emergency fund money where it is as a liquid first line of funds in case of an emergency. I would then use a backdoor Roth to max out Roth IRA for myself and my wife yearly until goal of 9 months of expenses have been contributed. This would be invested in a MMF. Once I ...
by rickmerrill
Sun Oct 20, 2013 2:48 am
 
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for emergency fund?
Replies: 20
Views: 1968

Re: Portfolio support for small inheritance.

Welcome to the forum! That 130k might be "small" to some here but to many of us that would be considered a significant head start at your age. Imagine what that might be worth, if invested and the market cooperates, in 30-40 years! As mentioned above you want to get as much of the inherita...
by rickmerrill
Fri Oct 18, 2013 4:10 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio support for small inheritance.
Replies: 17
Views: 1719

Re: How to prosyletize to a lazy friend

Here is a calculator that shows what his advisor's true cost is http://www.buyupside.com/calculators/feesdec07.htm.
If that doesn't get his attention don't know what would...
by rickmerrill
Wed Oct 16, 2013 7:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: How to prosyletize to a lazy friend
Replies: 27
Views: 2421

Re: New Boglehead 43yr old possible Total Revamp of Portfoli

1. Are the Vanguard funds in my 401K As good as the funds on VG website and what are some of the differences? (?Signal?) Is Vanguard Total Intl Stock Index Signal (VTSGX) .16 any good? It is a VG fund that doesn't receive a Gold Rating. Your expense ratios for Vanguard are better than Admiral share...
by rickmerrill
Fri Oct 11, 2013 5:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: New Boglehead 43yr old possible Total Revamp of Portfolio
Replies: 24
Views: 4059

Re: Buy house in cash vs. Mortgage, Help!

And if you do buy a house right out, can you then take a low interest loan against it and put that money into the market to work for you? Not going to get into the invest vs pay mortgage debates frequently seen in the forum but do you really think someone is going to loan you money that you could i...
by rickmerrill
Fri Oct 11, 2013 10:47 am
 
Forum: Investing - Help with Personal Investments
Topic: Buy house in cash vs. Mortgage, Help!
Replies: 18
Views: 1757

Re: The problem with a 3 fund portfolio

Dulo, I got the feeling from reading this thread that not many got your point; or maybe they did and I didn't. You did title your post "problem with 3 fund", that and "variable annuities for all" aren't received well around here; for good reason. The first point you made was abou...
by rickmerrill
Fri Oct 11, 2013 12:58 am
 
Forum: Investing - Theory, News & General
Topic: The problem with a 3 fund portfolio
Replies: 65
Views: 6671

Re: Start converting to Roth or not?

Just so I understand... The balances in his 401k/Rollover can be converted into a ROTH by paying taxes on the withdrawal amount? So, if his bracket is 15%, he'll pay 0% on the portions that were long term capital gains, and 15% on the amount he converts? The conversion will be taxed as normal incom...
by rickmerrill
Tue Oct 01, 2013 7:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: Start converting to Roth or not?
Replies: 9
Views: 794

Re: Post-Retirement Investing

If she stated she wants to keep some of her assets liquid for LTC then putting almost all of her investments into an annuity does not meet that goal. As far as how she should invest, it would really help to know more about her situation - see asking portfolio questions ( http://www.bogleheads.org/fo...
by rickmerrill
Sun Sep 29, 2013 2:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Post-Retirement Investing
Replies: 17
Views: 1747

Re: Heat Pump

I agree with sunnyday, your son will be fine with the cooling (assuming properly sized unit with good ductwork...). Heating will be an issue if the home doesn't have a furnace. Heat pumps are not as capable at producing heat so electric heat strips are used to help. The heat from a heat pump is not ...
by rickmerrill
Thu Sep 26, 2013 1:12 am
 
Forum: Personal Consumer Issues
Topic: Heat Pump
Replies: 19
Views: 1707

Re: squirrels

by rickmerrill
Wed Sep 25, 2013 1:03 am
 
Forum: Personal Consumer Issues
Topic: squirrels
Replies: 25
Views: 1944

Re: Who do you guys discuss investment strategies with?

I'm in the "only discuss with the forum and the dogs" crowd. One is a three funder and the other a slice-and-dicer; I think it's in their breed. Had a friend that was a DieHard/Boglehead who started me on the right track. He is the only person I've talked finances with to any avail. Everyo...
by rickmerrill
Fri Sep 20, 2013 6:46 pm
 
Forum: Investing - Theory, News & General
Topic: Who do you guys discuss investment strategies with?
Replies: 56
Views: 2875

Re: Past Returns: Starting point REALLY matters

My thanks to Doc and everyone else that added to this discussion. Although I knew past performance is no way to pick a fund ( ER, diversification and how it contributes to your AA is a good way), I had no idea how quickly the results change. I learned something from this and that's why I'm here.
by rickmerrill
Thu Sep 19, 2013 12:33 pm
 
Forum: Investing - Theory, News & General
Topic: Past Returns: Starting point REALLY matters
Replies: 16
Views: 1613

Re: About to buy a boat

Congratulations skipper! I have had more good times on boats than on land and I don't regret a minute of it. Boat types are almost always friendly people and good Samaritans. The thing I have learned is to take care of my boat - the consequences can get expensive. As Jay mentioned keep it stored out...
by rickmerrill
Wed Sep 18, 2013 9:38 pm
 
Forum: Personal Consumer Issues
Topic: About to buy a boat
Replies: 47
Views: 2921

Re: your favorite Virgin Island

I would vote for the baths as well. I like the restaurant at the top of the hill for a nice lunch, views and a dip in the pool. St. John is great too, just remember you will have to go through customs and immigration, over and back unless your going on to STT to fly out. http://traveltalkonline.com/...
by rickmerrill
Sat Sep 14, 2013 11:17 am
 
Forum: Personal Consumer Issues
Topic: your favorite Virgin Island
Replies: 14
Views: 1292

Re: Who taught you about money?

Is it OK to post when thread is old? I think it is as long as the subject is "timeless". I have to admit that I expected some would have been taught by their family how to invest in a Boglehead manner - but history and financial products that were available may be partially to at work her...
by rickmerrill
Wed Sep 11, 2013 2:06 am
 
Forum: Personal Finance (Not Investing)
Topic: Who taught you about money?
Replies: 91
Views: 5795

Re: Putting all your funds in Vanguard

You are not the only one in this boat! As long as your dad looks like he will have enough to make it, for your own sanity, let it be. Looks like you did give it your best and it looks like you are have already begun to reconcile with it. That's what I did several years back, not just with dad but wi...
by rickmerrill
Thu Sep 05, 2013 11:38 pm
 
Forum: Investing - Theory, News & General
Topic: Putting all your funds in Vanguard
Replies: 22
Views: 3941
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