Search found 1060 matches

by 1210sda
Tue Sep 27, 2016 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard QCD Checks [Qualified Charitable Distributions]
Replies: 38
Views: 2095

Re: Vanguard QCD Checks

Off topic here, but just a reminder that tax year 2016 is the last year that older folks (over 65) can use 7.5% of AGI as the base for calculating deductible medical expenses if you are itemizing deductions. In tax year 2017 it goes up to 10% like all the other folks did four years ago. This is the...
by 1210sda
Mon Sep 26, 2016 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard QCD Checks [Qualified Charitable Distributions]
Replies: 38
Views: 2095

Re: Vanguard QCD Checks [Qualified Charitable Distributions]

Thanks everyone. Wow what an education it is being a Boglehead.
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by 1210sda
Mon Sep 26, 2016 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard QCD Checks [Qualified Charitable Distributions]
Replies: 38
Views: 2095

Re: Vanguard QCD Checks [Qualified Charitable Distributions]

how can you tell if the organization is qualified to receive QCD's? (A church? or a Food Bank?)

How is this reported by Vanguard? Do you get a 1099R?

Is the QCD the difference between "Gross Distribution" and "Taxable Amount", or what?

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by 1210sda
Sat Sep 10, 2016 12:30 pm
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 668
Views: 188868

Re: VPW and TSP

(I do agree with you that letting a significant amount of money sit in cash for months & months isn't terribly optimal, even though, in the grand scheme of things, this will not make the needle move very much) I agree, in the grand scheme of things, it doesn't move the needle much.....but it do...
by 1210sda
Sat Sep 10, 2016 11:56 am
Forum: Personal Consumer Issues
Topic: So being 40 is "old" in the high tech business?
Replies: 129
Views: 9184

Re: So being 40 is "old" in the high tech business?

Folks, It is a well-known fact that age discrimination exists in the high tech business. Now, whether it makes sense or not, who know? I had known this for a very long time. I have a good life. I got paid very well for doing things that I love. A) I save 1/3 of my gross income. I spend 1/3 and pay ...
by 1210sda
Mon Aug 29, 2016 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Article: "Yes you can be too conservative"
Replies: 38
Views: 4142

Re: Article: "Yes you can be too conservative"

We only have three or four independent 30 year periods since 1916. That doesn't seem much of a basis for predicting future 30 year periods. That's an interesting way to look at it. I view it as 100 different periods, especially when considering how important sequence of returns are. Why do you thin...
by 1210sda
Mon Aug 22, 2016 8:06 am
Forum: Investing - Theory, News & General
Topic: Bonds in Taxable
Replies: 146
Views: 8899

Re: Bonds in Taxable

The only way to get it right for sure is to use accurate assumptions and guess correctly about future returns. For most of us, however, it matters far less than we fear it does. I've run the numbers for my situation. Jim is right, the cost isn't very high (again, in my own case). DW will be very pl...
by 1210sda
Thu Aug 18, 2016 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Cash flow and Spending in Retirement
Replies: 18
Views: 1188

Re: Cash flow and Spending in Retirement

I start out with a certain percent of my AA in "cash". In my case, a prime money mkt fund at Vanguard and a joint checking account. The percent depends on your comfort level. There is a small cost of being in cash. Every month we make a transfer from the money mkt fund to the bank. DW take...
by 1210sda
Fri Aug 12, 2016 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Life Strategy Funds
Replies: 32
Views: 3693

Re: Vanguard Life Strategy Funds

Suppertime wrote: What I might lose in not slicing and dicing and tax optimizing will be more than made up by the simplicity.


That's how I view it too. In particular, for my DW if I happen to go first.

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by 1210sda
Thu Aug 11, 2016 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Just Divide your age by 20 to get your WR.
Replies: 21
Views: 4408

Re: Taylor Larimore's Withdrawal [TLW] Strategy

Enter The TLW Strategy. What's the initial withdrawal under the TLW strategy? How much less do you spend when times are bad? Is $2,000 a year enough when markets drop 50%? How much more do you spend when times are good? Is $3,000 a year too much when markets go up 8%? What if times are only sorta g...
by 1210sda
Sat Jul 30, 2016 2:32 pm
Forum: Investing - Theory, News & General
Topic: What rate of return do you use when planning for retirement?
Replies: 139
Views: 14930

Re: What rate of return do you use when planning for retirement?

My retirement portfolio is 60/40. I use the 3 fund portfolio. Stocks at 6.25% Bonds at 3.00% Inflation at 3.00% Portfolio is 4.95% Nominal (6.25% x 60%)+(3.00% x 40%) Real = Approx 2.00% My "floor" is 0% Real. I've been using this (or a similar) approach for the 14 yrs and 7 mon. that I've...
by 1210sda
Fri Jul 15, 2016 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Having both kids and a charity as beneficiaries on an IRA.....
Replies: 14
Views: 781

Re: Having both kids and a charity as beneficiaries on an IRA.....

Years ago, VG allowed POD or beneficiaries on a joint after tax account. But they told me that they would not do this going forward because people get confused about sequence of distribution after someone dies. But they grandfathered existing accounts . Thanks RudyS. "because people get confus...
by 1210sda
Thu Jul 14, 2016 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Having both kids and a charity as beneficiaries on an IRA.....
Replies: 14
Views: 781

Re: Having both kids and a charity as beneficiaries on an IRA.....

The primary beneficiary of my T-IRA is DW. The secondary beneficiaries are my kids. I was planning to add a couple of charities to my IRA also as secondary beneficiaries. However, the Nolo website has an article that states: "if you name a person and a charity as co-beneficiaries,after your de...
by 1210sda
Thu Jul 14, 2016 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Having both kids and a charity as beneficiaries on an IRA.....
Replies: 14
Views: 781

Having both kids and a charity as beneficiaries on an IRA.....

The primary beneficiary of my T-IRA is DW. The secondary beneficiaries are my kids. I was planning to add a couple of charities to my IRA also as secondary beneficiaries. However, the Nolo website has an article that states: "if you name a person and a charity as co-beneficiaries,after your dea...
by 1210sda
Thu Jul 14, 2016 7:27 am
Forum: Investing - Theory, News & General
Topic: "How saving too much can make your retirement less satisfying"
Replies: 52
Views: 7751

Re: "How saving too much can make your retirement less satisfying"

“People spin off the track in both directions,” Kitces said. “The savers end up saving more than they need and the non-savers don’t have nearly enough to handle the lifestyle they have when they don’t save.” I guess you have to risk saving more than you need so that you won't fall into the "do...
by 1210sda
Wed Jul 13, 2016 6:07 pm
Forum: Personal Consumer Issues
Topic: How many of you have cut cord?
Replies: 148
Views: 9713

Re: How many of you have cut cord?

This is a pretty long thread...141, I believe.

A lot to digest, but I feel motivated to at least really consider standing up to my cable/internet/landline company.

Thanks all.

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by 1210sda
Thu Jul 07, 2016 7:54 am
Forum: Investing - Theory, News & General
Topic: "Why most retirees will never spend down their portfolio" by Michael Kitces
Replies: 89
Views: 11147

Re: "Why most retirees will never spend down their portfolio" by Michael Kitces

In my case, it's just a matter of being cautious. Don't know how long DW and I will
live, it could well exceed the 30 yr planning horizon.

I get more comfort in having a substantial reserve than I do spending more just to not leave
too much on the table.

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by 1210sda
Mon Jul 04, 2016 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Living Trust ($495)- SoCal
Replies: 21
Views: 1839

Re: Living Trust ($495)- SoCal

Is the American Academy of Estate Planning Attorneys any big deal or not?

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by 1210sda
Sun Jul 03, 2016 11:13 am
Forum: Personal Consumer Issues
Topic: My Excel is 9 yrs old(2007). Update??
Replies: 28
Views: 2060

My Excel is 9 yrs old(2007). Update??

Any MAJOR reason to update my Excel to a newer version. I believe a 2016 version is available with Microsoft Office 2016.

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by 1210sda
Fri Jul 01, 2016 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Please show me why three fund is better than this...
Replies: 44
Views: 3152

Re: "What The Experts Say About Investing"

Is Taylor's post on past performance a sticky or in the Wiki? 1210sda: Most of what I know about investing I learned from experts who know much more than I do. My memory is not the greatest, so many years ago I began keeping quotes on important subjects from investment experts. You can read them on...
by 1210sda
Fri Jul 01, 2016 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Please show me why three fund is better than this...
Replies: 44
Views: 3152

Re: Please show me why three fund is better than this...

is Taylor's post on past performance a sticky or in the Wiki?

121
by 1210sda
Fri Jun 24, 2016 7:44 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3145
Views: 736941

Re: U.S. stocks in freefall

Automatic re-balancing !! :)
by 1210sda
Thu Jun 16, 2016 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Do I want title insurance?
Replies: 38
Views: 1512

Re: Do I want title insurance?

If, for instance...... 1.Buy a lot for cash. 2.Get title insurance on the lot 3. build a house on the lot for the first time 4. pay cash for house. Do you still need title insurance on the house. (lot is covered, no previous owner of house, and no lender involved) ???? 1210 If you hire a builder an...
by 1210sda
Thu Jun 16, 2016 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Do I want title insurance?
Replies: 38
Views: 1512

Re: Do I want title insurance?

If, for instance......

1.Buy a lot for cash.
2.Get title insurance on the lot
3. build a house on the lot for the first time
4. pay cash for house.

Do you still need title insurance on the house. (lot is covered, no previous owner of house, and no lender involved) ????

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by 1210sda
Wed Jun 15, 2016 1:48 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle will Appear on Webinar [June 15]
Replies: 66
Views: 5427

Re: Jack Bogle will Appear on Webinar [Wednesday, June 15]

Bump to remind everyone that the Jack Bogle Webinar will begin at 3:30pm Eastern time today. SPOILER: There may be a mention of the Bogleheads. Mel, Unfortunately, I have a medical appointment at 3:40pm and won't be able to see it live. Is there somewhere that I can see the tape later today or late...
by 1210sda
Tue Jun 14, 2016 1:30 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is touting "beat the market," active management
Replies: 63
Views: 5877

Re: Vanguard is touting "beat the market," active management

Doc wrote:Why is that interesting? That's just statistics.

Just is !
by 1210sda
Tue Jun 14, 2016 12:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is touting "beat the market," active management
Replies: 63
Views: 5877

Re: SPIVA U.S. Scorecard for 10-years ending December, 2015

Bogleheads: The Dow Jones SPIVA U.S. Scorecard is the most reliable research comparing active and passive mutual funds. In their latest report, for the 10-years ending 2015, actively managed mutual funds were outperformed 83% of the time by their benchmark indices (Report#1). https://us.spindices.c...
by 1210sda
Tue Jun 07, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable decline in spending as we age?
Replies: 72
Views: 5034

Re: What is a reasonable decline in spending as we age?

If you take a long balloon and squeeze it at the bottom, the top portion is going to get bigger. The amount of air (or water) stays the same in total. You can squeeze a little bit or you can squeeze a lot, the expansion at the top will be commensurate. You're not really cheating yourself out of wha...
by 1210sda
Tue Jun 07, 2016 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable decline in spending as we age?
Replies: 72
Views: 5034

Re: What is a reasonable decline in spending as we age?

If you take a long balloon and squeeze it at the bottom, the top portion is going to get bigger. The amount of air (or water) stays the same in total. You can squeeze a little bit or you can squeeze a lot, the expansion at the top will be commensurate. You're not really cheating yourself out of what...
by 1210sda
Tue Jun 07, 2016 7:26 am
Forum: Investing - Theory, News & General
Topic: Biggest investing myths
Replies: 39
Views: 3377

Re: Biggest investing myths

index funds get you average returns....

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by 1210sda
Mon Jun 06, 2016 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Why is Dave Ramsey wrong?
Replies: 180
Views: 30152

Re: Why is Dave Ramsey wrong?

Deleted
by 1210sda
Mon Jun 06, 2016 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable decline in spending as we age?
Replies: 72
Views: 5034

Re: What is a reasonable decline in spending as we age?

If your wife is willing to live on 67% (or less) after you die 11 years before her, then that makes sense. If she needs or wants 70%, then a mistake was made. It seems silly to me to attempt to be so precise .... 1. What is the right percent for a survivor ? Certainly not 100% of what both of you w...
by 1210sda
Mon Jun 06, 2016 11:29 am
Forum: Investing - Theory, News & General
Topic: Opportunistic rebalancing and handling flexibility
Replies: 8
Views: 544

Re: Opportunistic rebalancing and handling flexibility

Rick, so good to hear from you. Are you still writing a blog or some other vehicle for teaching us about investing?
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by 1210sda
Mon Jun 06, 2016 11:23 am
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable decline in spending as we age?
Replies: 72
Views: 5034

Re: What is a reasonable decline in spending as we age?

Ah yes, inflation. So easy to forget. (BTW, from 1999 to present CPI averaged 2.2% per annum)
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by 1210sda
Mon Jun 06, 2016 11:00 am
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable decline in spending as we age?
Replies: 72
Views: 5034

Re: What is a reasonable decline in spending as we age?

Thank you Mike Piper for your continually insightful analysis.

As for why I budgeted reduced spending (minimally at that), it was to "front load" my spending. I'd rather spend more in my 60's than in my 90's to the extent that I can control it.

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by 1210sda
Mon Jun 06, 2016 7:37 am
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable decline in spending as we age?
Replies: 72
Views: 5034

Re: What is a reasonable decline in spending as we age?

Prior to retirement, I created a retirement planning worksheet on Excel. I retired early and on top of that, DW is 7 yrs younger than I am. Therefore, my planning horizon was 45 yrs. I determined what our spending would be at the start of retirement. (This is not the same as our pre retirement incom...
by 1210sda
Wed Jun 01, 2016 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: How much Umbrella Insurance?
Replies: 44
Views: 4457

Re: How much Umbrella Insurance?

It is important when considering your asset liability for a possible umbrella policy, that you look up the assets that are protected from judgement in your specific state. In Florida, where I live, assets that are protected from judgement include: your house (homestead), head of household wages, ca...
by 1210sda
Tue May 31, 2016 6:37 pm
Forum: Personal Consumer Issues
Topic: Would you pay 6x face value to see Hamilton on Broadway?
Replies: 139
Views: 9049

Re: Would you pay 6x face value to see Hamilton on Broadway?

If I paid the sum mentioned, I would feel so much pressure to be sure to enjoy the show, that I would be totally uptight. This would then lead to my not enjoying the show. Then I would be kicking myself for having spent so much money on a show that I did not enjoy. So no, I would not do it. :happy 1...
by 1210sda
Mon May 30, 2016 2:47 pm
Forum: Investing - Theory, News & General
Topic: Simplegift and Dr. Bernstein
Replies: 20
Views: 2656

Re: Simplegift and Dr. Bernstein

I understand that addressing someone by their title is viewed as a sign of respect. Yet, when Bill Bernstein says "my first name isn't Doctor", I have to tell you, I feel the utmost respect for him. Kind of ironic.

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by 1210sda
Sun May 29, 2016 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Does the $5.45M exemption from estate taxes change your estate planning
Replies: 36
Views: 3400

Re: Does the $5.45M exemption from estate taxes change your estate planning

There are so many names out there (Credit Shelter, A-B Trust, By Pass Trust, Inter Vivos, Living Trust, Testamentary Trust, Revocable Trust, Irrevocable Trust) that it gets a bit confusing. I'm sure there are subtle legal differences between them. In layman terms, what I have is a trust that is revo...
by 1210sda
Sun May 29, 2016 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Does the $5.45M exemption from estate taxes change your estate planning
Replies: 36
Views: 3400

Re: Does the $5.45M exemption from estate taxes change your estate planning

... The reason I created the Trust was Estate Taxes. My estate was larger than the $600k exemption in the '80's. ... Including a credit shelter trust in your Will or in a revocable trust may save estate taxes. However, creating a revocable trust won't save (or cost) any estate taxes. I don't quite ...
by 1210sda
Sun May 29, 2016 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Does the $5.45M exemption from estate taxes change your estate planning
Replies: 36
Views: 3400

Re: Does the $5.45M exemption from estate taxes change your estate planning

... Now bsteiner's comments on Asset Protection give some pause. I have to noodle through this some more. BTW, in my state, retirement plans and homesteads are protected from creditors. (Also exempt are “two horses, mules or donkeys, and a saddle, blanket and bridle for each.” ... It sounds like yo...
by 1210sda
Sat May 28, 2016 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Does the $5.45M exemption from estate taxes change your estate planning
Replies: 36
Views: 3400

Re: Does the $5.45M exemption from estate taxes change your estate planning

My current trust is 2" thick. It scares my wife to look at it. She would probably need a lot of help to handle it (assuming I pre-decease her).The costs can add up very fast. Two inches thick! This trust sounds complicated. Any way to simplify? I understand why your wife is scared to look at i...
by 1210sda
Sat May 28, 2016 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Does the $5.45M exemption from estate taxes change your estate planning
Replies: 36
Views: 3400

Re: Does the $5.45M exemption from estate taxes change your estate planning

1. Probate in my state is not a major problem. 2. Currently, all our assets are either community property WROS, have a beneficiary designation or are in our Trust. 3. If I were to drop the Trust, I would title the former trust assets as CPWROS. 4. Therefore, the majority of my assets would not be su...
by 1210sda
Fri May 27, 2016 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Does the $5.45M exemption from estate taxes change your estate planning
Replies: 36
Views: 3400

Re: Does the $5.45M exemption from estate taxes change your estate planning

Thank you very much bsteiner. Will definitely taken your comments to heart as I evaluate what path I want to take. My current trust is 2" thick. It scares my wife to look at it. She would probably need a lot of help to handle it (assuming I pre-decease her).The costs can add up very fast. As I ...
by 1210sda
Fri May 27, 2016 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Does the $5.45M exemption from estate taxes change your estate planning
Replies: 36
Views: 3400

Does the $5.45M exemption from estate taxes change your estate planning

Now that the exemption is this high (plus an additional $5.45M from portability) are you making any changes to your estate planning? For me, estate tax liability was the major driver for having a by-pass trust. Other benefits, privacy, speed in settling, more protection from creditors, etc. were nic...
by 1210sda
Fri May 27, 2016 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 2033

Re: Pride in no inheritance to kids?

If you decide to leave an inheritance, would you split it equally among your kids? Let's say you are a surviving spouse with two kids. One lives far way and you see him/her every couple of years. The other spends half his/her time with you in your old age. The second one was the reason you were able...
by 1210sda
Wed May 25, 2016 7:51 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on this? [Why advisors don't like target funds]
Replies: 29
Views: 4397

Re: Any thoughts on this? [Why advisors don't like target funds]

Generally, that is true. However, some folks may value simplicity of execution over absolute tax efficiency . Some people never want to deal with this stuff and may in fact prefer the simplicity of TR in tax advantaged and even taxable. The same would be true of the Lifestrategy funds. In my partic...
by 1210sda
Tue May 24, 2016 7:37 am
Forum: Personal Consumer Issues
Topic: Arrgghhh !!! Windows 10 installed overnight
Replies: 92
Views: 9005

Re: Arrgghhh !!! Windows 10 installed overnight

When I got to my PC this morning, I was un-Pleasantly suprised with Windows 10 staring back at me. Going back to Windows 7 or Windows 8.1 Applies to Windows 10 If it’s been less than a month since you upgraded to Windows 10, you can go back to your previous version of Windows by going to Settings >...
by 1210sda
Tue May 17, 2016 9:02 pm
Forum: Personal Consumer Issues
Topic: Arrgghhh !!! Windows 10 installed overnight
Replies: 92
Views: 9005

Re: Arrgghhh !!! Windows 10 installed overnight

harrychan wrote:
1210sda wrote:Thank you. I found the little vertical line. It's almost off the screen. W/O your help I would not have found it.
Thanks
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You can also do windows button + d. That'll give you your desktop.


Thanks, it works for me.....it"s even a toggle to get back.

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