Search found 995 matches

by 22twain
Sat Feb 25, 2017 9:12 pm
Forum: Investing - Theory, News & General
Topic: How should people factor Social Security into their "magic number" with early retirement?
Replies: 66
Views: 3979

Re: How should people factor Social Security into their "magic number" with early retirement?

But the bottom line is that in your mid 30's you have a good 30 years or more to go before SS. Nobody knows what it will look like or if it will even be around (not a political comment so please don't close the thread - just a statement of life on planet earth). For that matter, you don't know now ...
by 22twain
Sat Feb 25, 2017 12:18 am
Forum: Investing - Help with Personal Investments
Topic: Early Soc Sec or spend down investments/assets?
Replies: 28
Views: 2470

Re: Early Soc Sec or spend down investments/assets?

Dunno the spend -- don't hate on me - but I guess I had better quickly figure out a budget for 4% of that balance? First find out what your total spending was, for last year. If everything goes through checking account(s), this should be easy: balance at beginning of year plus all deposits minus an...
by 22twain
Wed Feb 22, 2017 2:11 am
Forum: Personal Finance (Not Investing)
Topic: Best way to get rid of lot of land?
Replies: 26
Views: 4110

Re: Best way to get rid of lot of land?

KALS wrote:
dm200 wrote:Visit the lot. Scout out the neighbors. Act like you are (or will be) doing something there that might not make the neighbor(s) or the neighborhood happy. Then, they might offer to buy you out.


Goats or chickens.


Pigs!
by 22twain
Tue Feb 21, 2017 1:37 am
Forum: Personal Finance (Not Investing)
Topic: What are the big things to get right?
Replies: 58
Views: 6295

Re: What are the big things to get right?

Argh... once again I hit "Quote" intstead of "Edit", and I can't delete posts in this forum. :oops:
by 22twain
Tue Feb 21, 2017 1:35 am
Forum: Personal Finance (Not Investing)
Topic: What are the big things to get right?
Replies: 58
Views: 6295

Re: What are the big things to get right?

22twain wrote:
gkaplan wrote:My motto is, "Don't sweat the small stuff."

But make sure it stays small stuff... don't let it add up to turn into big stuff.
by 22twain
Tue Feb 21, 2017 1:34 am
Forum: Personal Finance (Not Investing)
Topic: What are the big things to get right?
Replies: 58
Views: 6295

Re: What are the big things to get right?

gkaplan wrote:My motto is, "Don't sweat the small stuff."

And don't let the small stuff add up to turn into big stuff.
by 22twain
Sun Feb 19, 2017 6:57 am
Forum: Personal Finance (Not Investing)
Topic: What is my real taxable salary?
Replies: 12
Views: 1481

Re: What is my real taxable salary?

WinnFlak wrote:Age 52
[...]
If I contribute the max ($12,500) for 2017 to my Simple IRA


You're over 50, so your max may be $15,500 due to "catch-up contributions". Does your plan allow them?
by 22twain
Fri Feb 17, 2017 6:24 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculator - COLA Adjustment
Replies: 13
Views: 1209

Re: Social Security Calculator - COLA Adjustment

Epsilon Delta wrote:I don't think they have the actual NAWI value for 2016 yet.

Correct. They'll announce it in mid October, I think. It's at the same time or close to the announcement of next year's COLA.
by 22twain
Thu Feb 16, 2017 7:19 pm
Forum: Personal Consumer Issues
Topic: I want to ditch the cable company's modem
Replies: 51
Views: 3314

Re: I want to ditch the cable company's modem

Are you implying that using two cable modems (one in each room) is not an option? No. I was simply suggesting a second option. Compare the cost of a second cable modem with an ethernet switch ($10 for a 100mbps switch) and a pair of powerline adapters (about $40). Now that I think of it, your cable...
by 22twain
Thu Feb 16, 2017 1:02 am
Forum: Personal Consumer Issues
Topic: I want to ditch the cable company's modem
Replies: 51
Views: 3314

Re: I want to ditch the cable company's modem

the modem is installed in my living room and connected to a WIFI router and most of my devices connect to the internet using the WIFI wireless router. So far so good, no issues. Here is my question... I want to connect a computer in another room (a spare bedroom/office) using a wired connection wit...
by 22twain
Sun Feb 12, 2017 11:21 pm
Forum: Personal Consumer Issues
Topic: Travel Tips: Grand Canyon and South or Central America
Replies: 9
Views: 519

Re: Travel Tips: Grand Canyon and South or Central America

Trelin946 wrote:DH and I are planning to visit Grand Canyon in late April-- is it better to go from Phoenix or Arizona?


Uh... Phoenix is in Arizona, or at least it was the last time I was there in 2010. :confused
by 22twain
Sun Feb 12, 2017 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Health Care Premium and Costs During Retirement (65+)
Replies: 20
Views: 1175

Re: Health Care Premium and Costs During Retirement (65+)

Prior to Obamacare my wife and I paid together paid about $600/yr on the private market. After Obamacare we paid about $1000 without any subsidy Are those really per year and not per month? A couple of years ago I investigated Obamacare plans in case I decided (or was forced) to quit work before be...
by 22twain
Thu Feb 09, 2017 6:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 257
Views: 9550

Re: Your USER NAME...what does it mean?

In the movie "Murder by Death," the eccentric millionaire Lionel Twain lives at 22 Lola Lane.

Image

I also happen to be a railroad buff.
by 22twain
Thu Feb 09, 2017 2:24 am
Forum: Personal Consumer Issues
Topic: OP UPDATE:Getting Rid of Google Search Result??
Replies: 29
Views: 3893

Re: Getting Rid of Google Search Result??

You could change your name to a really common one like "John Smith." :wink:
by 22twain
Sun Feb 05, 2017 4:52 pm
Forum: Personal Consumer Issues
Topic: Cord cut strategy for young family
Replies: 66
Views: 6059

Re: Cord cut strategy for young family

Stupid question: I obviously need to connect the antenna itself to the back of the tv somehow right? It's not going to transmit without that right? Right. There is surely an antenna jack on the back of your TV, assuming it was sold as a "TV". Otherwise it has to be sold as a "monitor...
by 22twain
Sun Feb 05, 2017 9:59 am
Forum: Personal Consumer Issues
Topic: Cord cut strategy for young family
Replies: 66
Views: 6059

Re: Cord cut strategy for young family

I will attempt antenna but problem is our house is concrete. Is it worth even trying? I put our zip code in and we are 18 miles from many towers. ( we are 30 miles from manhattan). If you have a window facing in the general direction of the towers, definitely try it. Start with a simple loop plus r...
by 22twain
Sat Feb 04, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: Cord cut strategy for young family
Replies: 66
Views: 6059

Re: Cord cut strategy for young family

and the British on NBC I was about to correct you on this because I use OTA TV only and the last time I saw the Open was in 2009 (I think). After that, it moved from ABC to ESPN. Then I did a Google search to make sure, and whaddaya know, NBC took it over starting last summer. Beats me how I missed...
by 22twain
Sat Feb 04, 2017 4:31 pm
Forum: Personal Consumer Issues
Topic: Cord cut strategy for young family
Replies: 66
Views: 6059

Re: Cord cut strategy for young family

rob65 wrote:and the British on NBC


I was about to correct you on this because I use OTA TV only and the last time I saw the Open was in 2009 (I think). After that, it moved from ABC to ESPN. Then I did a Google search to make sure, and whaddaya know, NBC has it starting this summer. Cheers! :beer
by 22twain
Thu Feb 02, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: Spring break trip ideas, mid-March, family of 5 (3 teen/tweens)
Replies: 23
Views: 1928

Re: Spring break trip ideas, mid-March, family of 5 (3 teen/tweens)

Would Miami (with a side trip to a spring training game) be a good idea? Is there a sweet spot somewhere between college kid partiers and Miami Beach glitterati that would work well for a family? Maybe Fort Lauderdale? I visited there regularly from the late 1970s through the mid 2000s. During the ...
by 22twain
Sat Jan 28, 2017 10:42 pm
Forum: Personal Consumer Issues
Topic: Preserving Old DVD Content
Replies: 20
Views: 1958

Re: Preserving Old DVD Content

DVD playing software should be able to play these files from the hard disk the same as from an actual DVD. I don't know what options are available for Windows, but the the DVD Player app that comes with MacOS is perfectly happy to play VIDEO_TS folders. The menus work exactly as they do on the orig...
by 22twain
Sat Jan 28, 2017 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Criteria for admittance to the 2-comma club
Replies: 79
Views: 5707

Re: Criteria for admittance to the 2-comma club

EyeYield wrote:It would be embarrassing to be at a two comma party while the market crashed and be forced to leave, comma in hand.

Or worse, be forced to eat one of your commas. :oops:
by 22twain
Mon Jan 23, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA financial advisor?
Replies: 39
Views: 2534

Re: TIAA financial advisor?

plans I had with different employers had somewhat different rules about when and how the funds could be moved. I viewed this as a potential nightmare for my family upon my demise... I can appreciate what that might look like! Fortunately, my wife and I worked at the same college for many years, it ...
by 22twain
Sun Jan 22, 2017 1:23 am
Forum: Personal Consumer Issues
Topic: How much is your cell phone bill?
Replies: 258
Views: 23365

Re: How much is your cell phone bill?

Our current monthly bill from Consumer Cellular is $32.79. This is for two phones (my wife's non-smartphone and my iPhone at a $10 "additional line" charge), 250 minutes talk ($15) and 30MB data / 300 texts ($2.50), plus taxes. The usage is probably ridiculously low for most people. My wif...
by 22twain
Sat Jan 21, 2017 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Load up on cash - it might be one of your best investments
Replies: 53
Views: 9001

Re: Load up on cash - it might be one of your best investments

Burns's specific example of "a six-month reserve on a $50,000 salary" looks an awful lot like the typical Boglehead recommendation for an emergency fund. Not very radical, eh? However, his next item is "Be wary of tax deferred investment accounts." He thinks the tax deferral is l...
by 22twain
Wed Jan 18, 2017 12:48 am
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 171
Views: 9852

Re: How much do you typically spend in a restaurant?

Last week my wife and I went out for dinner for my birthday. We live in a VLCOL area (small town in the South). We went to a seafood restaurant out by the Interstate and paid about $30 total including tip, no beverage besides water. We each took half our food home, by the way. We've been to this pl...
by 22twain
Mon Jan 16, 2017 10:49 pm
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 171
Views: 9852

Re: How much do you typically spend in a restaurant?

Today I went to a locally-owned pizza place for lunch. The buffet is normally $8 (plus tax and tip). On Mondays, seniors like me pay $6. Today I got it for free thanks to my "buffet club" card with ten punches from previous visits. 8-)
by 22twain
Sun Jan 15, 2017 12:37 am
Forum: Investing - Help with Personal Investments
Topic: Cardinal Sin - went to cash the day before 2016 election
Replies: 56
Views: 6380

Re: Cardinal Sin - went to cash the day before 2016 election

But, it was virtually certain that one of the 2 leading contenders would win...and the date of the outcome was also certain. So, if the markets didn't care who won, then there was no uncertainty in the outcome - so, wouldn't the markets have priced this virtual certainty before the election day? II...
by 22twain
Fri Jan 13, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Predicting future Net Worth
Replies: 31
Views: 4129

Re: Predicting future Net Worth

I did visit the firecalc website but did not see anything about Net Worth projections. The only graph it shows is "year-by-year portfolio balances", which is exactly what a net worth projection is. If you're not retired yet, you can even go to the "Not Retired?" tab and put extr...
by 22twain
Fri Jan 13, 2017 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Mother's Recent Death: Helping Father with Retirement
Replies: 17
Views: 2192

Re: Mother's Recent Death: Helping Father with Retirement

It is often suggested that a grieving person not do any unneccesary decisions in about the first year. This might mean putting most of the money into a bank savings or short-term CD for a while. A short-term bond fund at a place like Vanguard would be fine for now. I agree, don't rush. Have him mak...
by 22twain
Fri Jan 13, 2017 2:03 am
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 171
Views: 9852

Re: How much do you typically spend in a restaurant?

Last week my wife and I went out for dinner for my birthday. We live in a VLCOL area (small town in the South). We went to a seafood restaurant out by the Interstate and paid about $30 total including tip, no beverage besides water.
by 22twain
Tue Jan 10, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: How to build passive income
Replies: 45
Views: 4436

Re: How to build passive income

Buy index funds. Buy some with every paycheck. Set it up for automatic buys. Then sit back and slowly make money. Don't forget to reinvest the dividends. :wink: This shows my retirement account balance and accumulated contributions. (Don't ask about the vertical scale.) It's a bit out of date. Righ...
by 22twain
Sat Jan 07, 2017 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Index Funds - ETFs - Are you ready to grumble?!
Replies: 10
Views: 838

Re: Index Funds - ETFs - Are you ready to grumble?!

If my taxable account were at Vanguard, I'd be perfectly happy with holding Total Stock Market et al. as mutual funds (Admiral shares). As others have noted, mutual funds are simpler to work with than ETFs. However, I started my taxable account at T. Rowe Price and was too lazy to move, so I set up ...
by 22twain
Sat Jan 07, 2017 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 58
Views: 4031

Re: Anybody else Age - 10 in bonds, rest in stocks

Age 63, 53% "bonds", 47% stocks.

(where "bonds" includes TIAA Traditional Account, Total Bond Market ETF, a CD and some cash.)
by 22twain
Fri Jan 06, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 320
Views: 23312

Re: Annual Vacation Budget

We don't do resort vacations. Our style is domestic road trips and an occasional budget-style European trip where we spend about a third of the time staying with friends. Usually about 2-3 weeks for $2K-3K, 2 people, once per year. Now that I'm completely retired, I'll take more short solo hobby-rel...
by 22twain
Thu Jan 05, 2017 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Don't Shoot. Questioning 401k
Replies: 28
Views: 3003

Re: Don't Shoot. Questioning 401k

You are avoiding taxes at your highest marginal rate right now. Let's say that's 28%. When you withdraw, you will withdraw starting at an effective rate of 0%. Then 10%, then 15% then 25%, etc. as you withdraw enough to move up through the tax brackets. That's a good point. I never thought to calcu...
by 22twain
Mon Jan 02, 2017 11:37 am
Forum: Personal Consumer Issues
Topic: Audiophiles help me with setup
Replies: 48
Views: 3559

Re: Audiophiles help me with setup

Input ->24 bit/192Khz music CD -> encode into a lossless format like FLAC. With 24 bit / 192 KHz, I suspect you're referring to the recording and mastering stages, rather than the final product, which must be 16 bit / 44.1 kHz according to the CD standard. IIRC 24/192 is indeed pretty much the stan...
by 22twain
Mon Jan 02, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: What are your portfolio/investments?
Replies: 38
Views: 2542

Re: What are your portfolio/investments?

Almost 63, just retired. Percentages rounded to nearest 5% Tax-deferred 403(b) at TIAA: 30% TIAA Traditional Account, basically a stable-value fund, currently returning > 4%, guaranteed minimum 3% 40% CREF Stock Account (which in turn is 70% domestic, 30% int'l) Roth IRA 5% Vanguard Total Stock Mark...
by 22twain
Mon Jan 02, 2017 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Generating income from my portfolio
Replies: 9
Views: 1356

Re: Generating income from my portfolio

Taxable = $120K; TIRA = $400K; Roth = $140K. How old are you? That is, how long will it be before you can withdraw from the TIRA and Roth without penalty? What other income streams, if any, will you have later on? Social Security? Pension? My point is, if your IRAs and other income streams are larg...
by 22twain
Sun Jan 01, 2017 1:20 pm
Forum: Personal Consumer Issues
Topic: Scenic train trip?
Replies: 21
Views: 1690

Re: Scenic train trip?

Wow. Interesting suggestions. I would love to see the Canadian Rockies. Has anyone taken any NY based trains? I wonder if NY to Chicago is on a nice route? Amtrak's Lake Shore Limited runs via Albany, Buffalo and Cleveland. The stretch along the Hudson River is very scenic, especially near West Poi...
by 22twain
Sun Jan 01, 2017 12:57 pm
Forum: Personal Consumer Issues
Topic: Scenic train trip?
Replies: 21
Views: 1690

Re: Scenic train trip?

There is a trip through the Canadian Rockies that goes I think from Vancouver to Banff. That's the Rocky Mountaineer , a privately-operated luxury train, sort of a cruise ship on rails. There's also VIA Rail's Canadian , a "normal" train with sleepers, that takes a different route through...
by 22twain
Sat Dec 31, 2016 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Should we itemize or take the standard deduction?
Replies: 8
Views: 702

Re: Should we itemize or take the standard deduction?

Don't forget property tax and state income tax are both deductible on your Federal return. I hear you folks in Texas pay a lot of property tax. Just add up everything you can deduct and see if it comes out above or below the standard deduction. In TurboTax, I enter everything and let it make the dec...
by 22twain
Sat Dec 31, 2016 10:11 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2016!
Replies: 230
Views: 26811

Re: Roll Call for the Retirement Class of 2016!

Class of 2016 as of 31 Dec 2016 Currently, 63 members. If you want to add yourself retroactively to the class of 2016, or correct an entry, please post in this thread. At some point I'll post an updated list if needed. 01 Jan - nonurseorpurse 10 Jan - Misenplace (56) 20 Jan - Arichcrook 31 Jan - in...
by 22twain
Sat Dec 31, 2016 1:01 am
Forum: Personal Consumer Issues
Topic: What's your usual retirement day like ?
Replies: 201
Views: 42916

Re: What's your usual retirement day like ?

Tomorrow is retirement day #1 after 36.75 years with FedGov. You normally worked on Saturday? :P My last day at work was Friday Dec. 16, but that was the beginning of our normal holiday break. My first real day of retirement will be this coming Tuesday, which is when I would have had to go back to ...
by 22twain
Tue Dec 27, 2016 12:50 am
Forum: Investing - Theory, News & General
Topic: Remember what it was like before the recession?
Replies: 81
Views: 8297

Re: Remember what it was like before the recession?

I've seen plenty of posts where people mention what it felt like during the 2008/2009 market crash, but I've heard very few people talk about what it felt like before that. It seemed like no investment was cheap and inflation was running away. During the early 2000s, inflation was higher than it is...
by 22twain
Tue Dec 20, 2016 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Moved to the USA one year ago, how to build credit?
Replies: 12
Views: 868

Re: Moved to the USA one year ago, how to build credit?

patrick wrote:You can check your US credit report for free once a year with https://www.annualcreditreport.com/


Actually, you can check it for free three times per year, once for each of the participating credit-reporting agencies.
by 22twain
Sun Dec 18, 2016 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: How much cash do you keep?
Replies: 103
Views: 9304

Re: Retirees: How much cash do you keep?

I generally have about 6-12 months of expenses in cash. Right now I'm at the 12-month level because I recently sold some ETF shares to rebalance, fund my Roth IRA and top off my cash. I do this mainly as a matter of convenience so I need to sell shares only once or twice per year. Most of the cash i...
by 22twain
Tue Dec 13, 2016 6:57 am
Forum: Investing - Theory, News & General
Topic: How to work a minimum wage job, retire a multimillionaire, and leave your grandchildren multibillionaires
Replies: 17
Views: 2593

Re: How to work a minimum wage job, retire a multimillionaire, and leave your grandchildren multibillionaires

CAsage wrote:At what age you having these children? If you leave them assets at 70, they probably won't live 50 years after that!

Unless you're Mick Jagger, in which case you probably aren't earning minimum wage anyway. :wink:
by 22twain
Sun Dec 11, 2016 8:11 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2016!
Replies: 230
Views: 26811

Re: Roll Call for the Retirement Class of 2016!

[List updated on 31 Dec 2016 - see below]
by 22twain
Thu Dec 08, 2016 7:04 am
Forum: Investing - Help with Personal Investments
Topic: Schwab retirement quote on 4 mil. Advice??? Can I do better?
Replies: 29
Views: 4642

Re: Schwab retirement quote on 4 mil. Advice??? Can I do better?

Est. Rate of return- 5.1% In one conversation the Schwab person quoted .7% as their annual management "fee". Assuming for the sake of argument that the 5.1% return is correct (it's at least a plausible long-run figure), that fee would be about 14% of your returns. How happy would you be i...
by 22twain
Wed Dec 07, 2016 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Academia female professional seeking your suggestion
Replies: 53
Views: 8856

Re: Academia female professional seeking your suggestion

Three months have passed and there was no increase overall in my account except that the FSTVX was 3% up while the other two are both 2-3% down. So there seem to be the same balance as before. Three months is really too short to observe any long-term trends in the market. Here are my daily totals s...

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