Search found 1049 matches

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: 731

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: 731

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: 731

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: 7396

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: 145
Views: 8634

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: 10573

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: 1775

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: 1989

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: 3046

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: 3046

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: 3087
Views: 682445

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: 1436

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: 1436

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: 5041

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: 5578

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: 5578

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: 4748

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: 4748

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: 3156

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: 29249

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: 4748

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: 476

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: 4748

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: 4748

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: 4748

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: 4229

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: 8435

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: 2582

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: 3298

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: 3298

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: 3298

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: 3298

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: 3298

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: 3298

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: 3298

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: 1553

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: 4228

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: 8584

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: 8584

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
1210


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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by 1210sda
Tue May 17, 2016 9:36 am
Forum: Personal Consumer Issues
Topic: Arrgghhh !!! Windows 10 installed overnight
Replies: 92
Views: 8584

Re: Arrgghhh !!! Windows 10 installed overnight

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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by 1210sda
Tue May 17, 2016 8:48 am
Forum: Personal Consumer Issues
Topic: Arrgghhh !!! Windows 10 installed overnight
Replies: 92
Views: 8584

Re: Arrgghhh !!! Windows 10 installed overnight

trinc wrote:
1210sda wrote: P.S. How do you find the original "desktop"?


right click window icon ( bottom left ) select 'desktop', or set up the quick launch bar ( win 7 style ) and put the desktop icon there so it's only 1 click away at all times.

Tim


Tim, where is the "quick launch bar"?
by 1210sda
Tue May 17, 2016 7:34 am
Forum: Personal Consumer Issues
Topic: Arrgghhh !!! Windows 10 installed overnight
Replies: 92
Views: 8584

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. Seems Microsoft just got tired of me not installing 10 on my own and went ahead and installed it for me. I decided to see what it does, so I went ahead and finished the full installation. Maybe I could...
by 1210sda
Fri May 13, 2016 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Won the game - time to quit playing?
Replies: 46
Views: 7860

Re: Won the game - time to quit playing?

I believe Dr. Bill says in one of his books that once you have your liability matching portfolio (LMP) in place, the rest of your portfolio becomes your Risk Portfolio (RP). The AA for the RP can be as high as 100% equity if you can stomach it.

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by 1210sda
Thu May 12, 2016 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 213
Views: 23795

Re: Physician Retirement Savings

It's hard to find reliable information on physician's average retirement savings. The quoted average salary I see on surveys such as Medscape is much less than what I see in my region of the US (Southeast), particularly for specialists. Given that, I do not trust the quoted average retirement savin...
by 1210sda
Fri May 06, 2016 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Safe withdrawal rates
Replies: 51
Views: 7862

Re: Safe withdrawal rates

I think the 4% is very helpful in the planning process. The actual implementation, of course necessitates flexibility. The 4% is a "guideline" and not a "rule". But you gotta have something or else you are flying blind.

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by 1210sda
Fri May 06, 2016 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Safe withdrawal rates
Replies: 51
Views: 7862

Re: Safe withdrawal rates

Keep in mind that successful withdrawal strategies in the past were based on some very favorable equity and bond performance, interest and dividend payout rates that we might not see for a long time if ever. Also, many of us have pensions or annuities that locked in some very nice payout rates. I h...
by 1210sda
Thu May 05, 2016 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Couples: Are you and your significant other on the same page financially?
Replies: 65
Views: 6090

Re: Couples: Are you and your significant other on the same page financially?

Do you and your significant other think and behave similarly when it comes to spending, saving and investing? For financial success, do you think it's important to be similar or it doesn't matter? For me, my wife and I are very different. I'm cheap, don't waste money, not self-indulgent, and try to...
by 1210sda
Wed May 04, 2016 2:27 pm
Forum: Investing - Theory, News & General
Topic: LifeStrategy Moderate Growth fund or its components?
Replies: 33
Views: 3047

Re: LifeStrategy Moderate Growth fund or its components?

This is primarily the underperformance of international stocks. It affected the 3 fund portfolio similarly. STAR has less of it and Wellington almost none. The presence of international stocks is an advantage of LifeStrategy, despite recent performance. Fund construction trumps recent performance, ...
by 1210sda
Thu Mar 31, 2016 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Living Trust vs Transfer on Death
Replies: 54
Views: 3974

Re: Living Trust vs Transfer on Death

I too was thinking..."do I need a trust"? Now that the exemption amount is over $5 million (plus, portability doubles it), I question the use for a trust if your assets are under the exemption amount. Other considerations: 1. A trust avoids probate. So do Joint ownership, beneficiary desig...
by 1210sda
Sat Mar 26, 2016 10:05 am
Forum: Investing - Theory, News & General
Topic: "Mitigating the Risks of Cognitive Decline"
Replies: 45
Views: 5427

Re: "Mitigating the Risks of Cognitive Decline"

Thank you Taylor.

It is posts like this one that demonstrate the collective wisdom and kindness of "The Bogleheads". BH's are so willing to share.

I get just as much benefit (if not more) from these topics as I do from Investing posts. Guess it's time to take action.

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