Search found 76 matches

by 2pedals
Sat May 20, 2017 11:44 am
Forum: Investing - Theory, News & General
Topic: MarketWatch "Lazy Portfolios"
Replies: 10
Views: 1511

Re: MarketWatch "Lazy Portfolios"

I believe the simplicity of the 3 fund portfolio and low cost is the key for me. As I get older and closer to retirement, I believe in this more strongly than ever. I used to fret over investment decisions and market watch on CNBC way too much. I did learn a great lesson from it, it was such a waist...
by 2pedals
Fri May 19, 2017 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: i-ORP and SS Survivor Benefits ?
Replies: 6
Views: 508

Re: i-ORP and SS Survivor Benefits ?

But I am confused about my spouse's age. I can enter a particular age for her and it is correctly applied by the i-ORP. But if I leave her age "blank", which is what I have to do for her SS benefit to get the correct results, it seems that her reported benefits from her FRA through the ma...
by 2pedals
Thu May 18, 2017 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Should I sell my business?
Replies: 41
Views: 3256

Re: Should I sell my business?

All, I am 100% owner of a small business that will net me approximately $480K annually. There is no business debt. I have an offer to buy the business for $525K, which I would finance at 6% for 5 years. No I would not. I suspect your offer is waaaaay too low, a "low ball" offer. Sounds li...
by 2pedals
Thu May 18, 2017 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: i-ORP and SS Survivor Benefits ?
Replies: 6
Views: 508

Re: i-ORP and SS Survivor Benefits ?

I tried the same thing, using a 0 does as you reported. Deleting it to no entry gives you what you want.
by 2pedals
Tue May 16, 2017 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my portfolio
Replies: 9
Views: 949

Re: Help with my portfolio

Thanks again for sharing your thoughts. Let me know if you have any suggestions to get to 80/20 mix, especially on the bonds end. You suggest I readjust my 401k or another account to have more in the funds that are bonds or any other bond recommendations? Also, I am hoping to invest the cash in our...
by 2pedals
Sun May 14, 2017 9:48 pm
Forum: Investing - Theory, News & General
Topic: Home Country Bias...makes sense?
Replies: 235
Views: 8192

Re: Home Country Bias...makes sense?

I really enjoyed reading "Global equities: Balancing home bias and diversification"paper from Vanguard Research. The paper concludes for many investors between 20% to 40% international is appropriate for various reasons such as volatility, currency risks, diversification and cost.
by 2pedals
Sun May 14, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Defined Benefit Pension Analysis
Replies: 18
Views: 2285

Re: Defined Benefit Pension Analysis

Thge 7-9% was the difference in the prices of buying a comparable SPIA. That is one way to look at it I suppose if you are being offered a lump sum from your employer. Are you getting a lump sum offer as well? If I were to look at the lump sum offer from my employer it is not comparable to a SPIA i...
by 2pedals
Sun May 14, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Defined Benefit Pension Analysis
Replies: 18
Views: 2285

Re: Defined Benefit Pension Analysis

The benefit reduction from SLA to 100% J&S , i.e. 21% is more in line with what I would have expected compared to the 7-9% in one of the earlier posts ; I get almost equality on the PV's at 3% with a fairly current mortality table but the 3% looks too low for an actuarial equivalence rate but m...
by 2pedals
Mon May 08, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Defined Benefit Pension Analysis
Replies: 18
Views: 2285

Re: Defined Benefit Pension Analysis

http://i67.tinypic.com/2pyusdi.jpg The above is an example for a 50% survivor benefit with a . I used 4% (#Cruncher recommended 4% for non-cola adjusted and 2% for cola adjusted pension, my pension will not be adjusted for cola). Column N is for the single life benefit. Quote for single life place ...
by 2pedals
Mon May 08, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Most Common Financial Mistakes
Replies: 108
Views: 13618

Re: Most Common Financial Mistakes

Do not ever think you are so smart you can time the market.
by 2pedals
Sun May 07, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Fund Selection Advice
Replies: 4
Views: 323

Re: 401K Fund Selection Advice

Here is a suggestion for the 3 fund portfolio 80/20 stocks/bonds

55% Vanguard Institutional 500 Index Trust - Large Cap Funds (ER: 0.013%)
25% Vanguard Total Intl Stock Idx InstlPl - International Funds (ER: 0.07%)
20% Vanguard Total Bond Mark Index Trust - Bond Fund (ER: 0.035%)
by 2pedals
Sun May 07, 2017 3:12 pm
Forum: Investing - Theory, News & General
Topic: PowerShares S&P 500 Value with Momentum ETF (SPVM)
Replies: 10
Views: 812

Re: PowerShares S&P 500 Value with Momentum ETF (SPVM)

Note the 200 most valuey of the S&P500 are filtered using a momentum screen to get to 100, but then they are weighted based on value screens. They are not weighted based on momentum. Yes, I stand corrected, weights are based on value screens :beer 1) starts with S%P 500 stocks (large cap stocks...
by 2pedals
Sun May 07, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: PowerShares S&P 500 Value with Momentum ETF (SPVM)
Replies: 10
Views: 812

Re: PowerShares S&P 500 Value with Momentum ETF (SPVM)

The way I see it, just about any ~100 stocks from the S&P 500 without extreme sector biases will not be substantially that much riskier than the market in a way that needs calling out. You do lose some diversification but impact of idiosyncratic single-stock risks should still be pretty low and...
by 2pedals
Sun May 07, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: PowerShares S&P 500 Value with Momentum ETF (SPVM)
Replies: 10
Views: 812

Re: PowerShares S&P 500 Value with Momentum ETF (SPVM)

SPVM's underlying methodology seeks to identify early movers with upward price movement while also avoiding value traps, instances when a stock appears cheap because it is trading at low multiples of earnings, cash flow or book value, but the stock price remains low and doesn't improve. Really?, is...
by 2pedals
Sun May 07, 2017 10:48 am
Forum: Investing - Theory, News & General
Topic: Uses of Debt
Replies: 21
Views: 2219

Re: Uses of Debt

I do not believe in dept except for purchasing real estate for you primary residence. If you purchase a primary residence with dept you need to be "reasonably certain" that you can pay off the loan even if your husband/wife or/and you lose your job (income income stream). Must have signifi...
by 2pedals
Sun May 07, 2017 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Defined Benefit Pension Analysis
Replies: 18
Views: 2285

Re: Defined Benefit Pension Analysis

Recently I went through a similar study on my own DB pension. [Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits #Cruncher used a longevity estimator longevity estimator to help me determine the value of the DB options. In order to use the spreadsheet for your case...
by 2pedals
Sat May 06, 2017 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Small cap value tilt portfolio review
Replies: 25
Views: 1949

Re: Small cap value tilt portfolio review

Because small cap stocks often perform quite differently than the large cap stocks. I would limit my small cap value to only 10%, did you look at the VTWV Vanguard Russell 2000 Value ETF rather than using both VIOV and VISVX? I think the tilt is too extreme, IMHO. I prefer the 3 fund portfolio. I w...
by 2pedals
Sat May 06, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Small cap value tilt portfolio review
Replies: 25
Views: 1949

Re: Small cap tilt portfolio review

Because small cap stocks often perform quite differently than the large cap stocks. I would limit my small cap value to only 10%, did you look at the VTWV Vanguard Russell 2000 Value ETF rather than using both VIOV and VISVX?

I think the tilt is too extreme, IMHO. I prefer the 3 fund portfolio.
by 2pedals
Mon May 01, 2017 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model (in my case)
Replies: 18
Views: 2031

Re: Retiree Portfolio Model (in my case)

I took a look at this some more this morning. It all depends on assumed returns and life expectancy whether I should go into the 33% tax bracket at age 60. I-ORP recommended Roth conversions range between 200K and 250K at age 60 and then gradually tappers off, for me anyway. In retirement I will be ...
by 2pedals
Sun Apr 30, 2017 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Does Retirement Planning impact your job performance?
Replies: 68
Views: 6911

Re: Does Retirement Planning impact your job performance?

I don't think it is impacting my performance but sometimes I don't have the drive to do the same tasks I did years ago (because of boredom, mental fatigue and day dreaming of retirement). That is not really a problem because my bosses expect me to lead and help the group rather than "get my han...
by 2pedals
Sun Apr 30, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model (in my case)
Replies: 18
Views: 2031

Re: Retiree Portfolio Model (in my case)

Thank you for the suggestion to try I-ORP. I have seen this before but I have to admit I have not look at it in too much detail. Have you tried http://www.I-ORP.com? Your dilemma is covered by this tool, so I'd get there and work through your options. You can always confirm the advice with your own ...
by 2pedals
Sat Apr 29, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model (in my case)
Replies: 18
Views: 2031

Re: Retiree Portfolio Model (in my case)

Very interesting, I tried something different assumed an 80K in annual expenses annual 20K withdrawals from my TIRA and 401K 80K in Roth conversions use historical adjustments to tax brackets things balanced out more to my liking, after 71 just under the 25% bracket To equalize taxes and hopefully k...
by 2pedals
Sat Apr 29, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model (in my case)
Replies: 18
Views: 2031

Re: Retiree Portfolio Model (in my case)

Thank you all carolinaman, I think this is very good advise. The assumptions I was using appears to be showing that aggressive Roth conversions may be the way to go (any capital gains in TIRA or 401k will be taxed). Maybe because tax brackets were not adjusted. The medicare premiums are a concern to...
by 2pedals
Sat Apr 29, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model (in my case)
Replies: 18
Views: 2031

Re: Retiree Portfolio Model (in my case)

I took another look at this assumed 100K in expenses (can't see this happening) Started conversions of 50K at 60 years old Assumed a 3.5% return on my investments I don't get fully converted to Roth with about 25% of the 25% bucket filled (ages 60-68). 17% of 28% bucket in age 68 when wife starts SS...
by 2pedals
Fri Apr 28, 2017 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model (in my case)
Replies: 18
Views: 2031

Retiree Portfolio Model (in my case)

I plan on retiring in about 2 years. I am currently 57 my wife is 56 I have been reviewing different scenarios in the model. https://www.bogleheads.org/wiki/Retiree_Portfolio_Model We have about 400K in taxable, 900K in IRA and 401K 200K in Roth estimated expenses 65K Pension will be about 65K with ...
by 2pedals
Fri Apr 28, 2017 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Law Changes
Replies: 13
Views: 950

Re: Tax Law Changes

Tax laws can always change, yes. Please remove the Roth at 70 speculation from your OP to keep it from getting locked. But no, I invest based in present tax rules. If changes are ENACTED, I'll reassess what I'm doing and decide if some change would be better... I deleted the Roth "example"...
by 2pedals
Fri Apr 28, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Law Changes
Replies: 13
Views: 950

Tax Law Changes

Possible "unknown" changes to tax law may impact future investment returns. Does anybody adjust financial investment strategies based on possible changes to the law? Do people diversify knowing that the current tax laws may impact them in the future?
by 2pedals
Thu Apr 27, 2017 10:42 pm
Forum: Personal Consumer Issues
Topic: 7 car noises you should never ignore
Replies: 23
Views: 3686

Re: 7 car noises you should never ignore

Visual inspections are important as well. Check for cracked or worn belts, cracked or aged hoses, fluid leaks, tire tread depth, tire pressure, head, exterior lights.
by 2pedals
Mon Apr 24, 2017 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Retire By 40?
Replies: 12
Views: 2766

Re: Retire By 40?

Get Started Here

I recommend reading If You Can: How Millennials Can Get Rich Slowly - William Bernstein

20 years probably not, 30 years maybe.
by 2pedals
Mon Apr 24, 2017 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Checking Account - Fidelity CMA vs. Schwab?
Replies: 31
Views: 1933

Re: Joint Checking Account - Fidelity CMA vs. Schwab?

A cash management account at fidelity has no fees for a debit card. This is different for a debit card linked to a fidelity brokerage account, it depends. Read "ATM Reimbursement Levels" hyperlink in the following web page. Fidelity Debit Card I like the fidelity ATM card (I am a premium a...
by 2pedals
Mon Apr 24, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9729

Re: Why are pensions revered, but annuities reviled?

A few other points about DB vs DC plans. Obviously a DC plan wins for folks who change employers multiple times over their career, assuming they keep their qualified funds tax deferred and don't cash out. For people who start maxing out their DC plans early, especially with a good employer match, b...
by 2pedals
Mon Apr 24, 2017 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Joint Checking Account - Fidelity CMA vs. Schwab?
Replies: 31
Views: 1933

Re: Joint Checking Account - Fidelity CMA vs. Schwab?

I've been doing some research lately into switching to an online checking account for primary use (will likely keep current brick and mortar bank account active). I have a online checking account with fidelity and I have not utilized it very much, only because I find the full services that my credi...
by 2pedals
Sun Apr 23, 2017 7:40 pm
Forum: Investing - Theory, News & General
Topic: Not enough US market listings?
Replies: 14
Views: 1470

Re: Not enough US market listings?

It makes me think that the strategy of buying just one large US index is not going to capture what I want; that perhaps I should tilt more to international or to small caps etc. to reflect the historical composition of US equity markets. I always believed in about 30% international indexed equities...
by 2pedals
Sun Apr 23, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9729

Re: Why are pensions revered, but annuities reviled?

It is too bad, in my opinion, that DB plans were just terminated rather than just reduced for the financial facts of life. I think the "financial facts of life" are tougher for the people now just beginning their working lives than they were when my working life began. In 1875 the America...
by 2pedals
Tue Apr 18, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits
Replies: 41
Views: 2780

Re: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits

All, thank you, I have made my mind up to provide my wife the details of possible scenarios and recommend to her that we select the 100% survival benefit. Inbox788, you helped me greatly with your last statement. Money is fungible. Take the 100% annuity for her benefit, since it seems she may have a...
by 2pedals
Mon Apr 17, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits
Replies: 41
Views: 2780

Re: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits

Thank all again To answer some of the questions; My pension will be from a mega private company, excellent financial health, and insured by the PBG. My wife (survivor beneficiary) will have to sign the forms. If die before retirement she gets 100% survival benefits for my current defined pension val...
by 2pedals
Mon Apr 17, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits
Replies: 41
Views: 2780

Re: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits

All, thank you

Cruncher, interesting that the 100% survivor benefit wins as the most generous option from my employer. Not sure why my employer would offer that, maybe they are being family friendly. Might be enough to change my mind to 100%.
by 2pedals
Mon Apr 17, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits
Replies: 41
Views: 2780

Re: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits

My biggest concern is if I die before 70. Social security benefits are hard for me to understand, if I or her die before we start taking SS. What are the options and benefits for survivors before we start taking SS? Say if I die at 62 retired (when she is 61), what are her options at 62 and what are...
by 2pedals
Sun Apr 16, 2017 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits
Replies: 41
Views: 2780

Re: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits

All, thanks for the comments all very good. After running more numbers it's 95%, 91% and 88% of single life for 50%, 75% and 100% survival benefits. You gave some ideas to think about. And definitely I will provide different possible future scenarios for my wife to review. I don't think it really ma...
by 2pedals
Sun Apr 16, 2017 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Should I switch 401a funds?
Replies: 8
Views: 790

Re: Should I switch 401a funds?

Can you direct your contributions to an International index (should be ~30% of equity IMHO) fund, total stock market (TSM) fund or a small cap index fund? I don't like the ER of 0.37 of the small cap fund.
by 2pedals
Sun Apr 16, 2017 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits
Replies: 41
Views: 2780

Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits

In a few years my wife and I will be able to choose our pension pension options for retirement. I can choose single life, 50%, 75% or 100% survival benefits. If I die my wife will get benefits based on what we decide. If she dies my pension reverts back to single life. This is a very important once ...
by 2pedals
Sat Apr 15, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Public School Teacher: Need help with 403b
Replies: 41
Views: 1958

Re: Public School Teacher: Need help with 403b

Doesn't AXA provide low cost index funds for you to direct your investments in? Would think that they would at least provide a S&P 500 index fund and/or a Russel 2000 index fund. Maybe not an International index fund. What are the expense ratios of the funds than AXA provides you to invest in? I...
by 2pedals
Tue Apr 11, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: 3 Fund Portfolio: FTIPX or FSGDX ?
Replies: 13
Views: 912

Re: 3 Fund Portfolio: FTIPX or FSGDX ?

I like FTIPX but i don't see it as a game changer between the two. Nothing to lose sleep over.
by 2pedals
Mon Apr 10, 2017 9:58 am
Forum: Personal Finance (Not Investing)
Topic: High Deductible Health Plan (HDHP), Health Savings Account (HSA) and Secondary Insurance
Replies: 1
Views: 339

Re: High Deductible Health Plan (HDHP), Health Savings Account (HSA) and Secondary Insurance

I called my insurance provider this morning to ask some questions and they refused to provide any information until my they get information on my daughter's insurance plan. She has not provided that information to me nor my insurance provider :oops: . My insurance provider suggested to that she call...
by 2pedals
Sun Apr 09, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: High Deductible Health Plan (HDHP), Health Savings Account (HSA) and Secondary Insurance
Replies: 1
Views: 339

High Deductible Health Plan (HDHP), Health Savings Account (HSA) and Secondary Insurance

Last year my young adult (24) daughter started to work after graduating from college last year. She signed up for a HDHP plan and started to contribute to a HSA this year. She is eligible and also covered under my low deductible health care plan PPO from my employer which is generously at no cost to...
by 2pedals
Wed Apr 05, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: IRS and TurboTax Finger Pointing At Each Other
Replies: 17
Views: 1719

Re: IRS and TurboTax Finger Pointing At Each Other

I don't know for sure how to find the date you entered for withdrawal with 2016 Turbo Tax (I used H&R Block this year). A similar question was asked and answered a few year ago in the TurboTax AnswerXchange. https://ttlc.intuit.com/questions/2645009-what-date-did-i-enter-for-the-payment-withdrawal
by 2pedals
Wed Apr 05, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: IRS and TurboTax Finger Pointing At Each Other
Replies: 17
Views: 1719

Re: IRS and TurboTax Finger Pointing At Each Other

If you used direct debit, what date did you specify to money to be withdrawn from your account? The money is withdrawn from your bank account on the date you specify when using direct debit. Did you double and triple check your bank account and routing numbers?
by 2pedals
Wed Apr 05, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Help with college choice
Replies: 125
Views: 5571

Re: Help with college choice

Is it foolish to give up full tuition offer at Vandy for UPenn full-pay( we have about 1 yr saved in 529 and another yr in savings and would have to cash flow the rest or take loans in case of job loss) He loved UPenn but yet to visit Vandy. Not sure if it is too southern for my Asian kid. A very l...
by 2pedals
Sun Mar 26, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: How are we doing? 35, 2nd kid on the way
Replies: 11
Views: 1250

Re: How are we doing? 35, 2nd kid on the way

Please follow the guide for asking portfolio questions https://www.bogleheads.org/wiki/Asking_portfolio_questions This forum would be more helpful with respect to your AA. Looks like you are saving some money for now and so I say you doing great, but you say some concerning things about moving to a ...
by 2pedals
Mon Mar 13, 2017 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving question - newbie
Replies: 4
Views: 437

Re: Tax saving question - newbie

After you have significant savings retire early and convert 401K and TIRA to Roth.

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