Search found 1325 matches

by Angst
Wed May 25, 2016 11:33 pm
Forum: Investing - Help with Personal Investments
Topic: As bad as I think it is? [403(b) plan choices]
Replies: 36
Views: 2773

Re: As bad as I think it is?

Ughh... pretty pathetic. I don't think anyone's posted a link yet to the Wiki page on "How to campaign for a better 401(k) plan". It ought to apply just as well to a 403b. Here it is: https://www.bogleheads.org/wiki/How_to_campaign_for_a_better_401%28k%29_plan Good luck. It's well worth pu...
by Angst
Wed May 25, 2016 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

The online calculator says I'll collect $3458 if I retire next year at age 68 and delay until 70 (which is the plan). AnyPIA says I'll draw $3403. So I'll get $35/month less by not working for two years. So there is SOME difference between the online figure and the (hopefully) more accurate AnyPIA ...
by Angst
Wed May 25, 2016 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

KlangFool and Angst, I too have had bad luck with the SS online retirement estimators and also with them by phone. Three times I called and got three different answers. Is there any chance I could talk you into writing a short how to on using anypia? I'll be glad to go through it and verify it and ...
by Angst
Wed May 25, 2016 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

sscritic notes that when using the Retirement Estimator, a "quick and dirty" method for those who are at the point of decision is to enter zero for last year's earnings rather than entering your actual last year's earnings. It will (in most cases) slightly understate your benefit, but it ...
by Angst
Wed May 25, 2016 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

If I do work that last year at 69 y/o I'll still have some more very low earnings years left among the top 35. I wonder, hypothetically, if I lop off one more of those low earnings years when I turn 71, would my PIA be bumped further, or does that door close completely at 70? Your PIA will continue...
by Angst
Wed May 25, 2016 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

If you have only 31 years (and some low earning), then an 18% difference makes sense. I took a lot of time off (I would say 7 years total of the last 24 I've been out of college). However, sometimes it was 6 months of a year or whatever so I had earnings for the calendar year. I calculated if I ret...
by Angst
Wed May 25, 2016 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

Hi Mike and Artsdoctor, I understand and agree, one can take the output of the Retirement Estimator and using additional knowledge and information that is not presented at the Retirement Estimator webpage, calculate their future benefit based on what the Estimator says it would be if you worked up t...
by Angst
Wed May 25, 2016 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

Maybe I'm not following this thread correctly but the retirement estimator reports the exact same results for me as anypia for the three milestones (62, FRA, 70) based no current projected income. If I was to hazard a guess I'd say the estimator uses anypia for its calculations too. You could caref...
by Angst
Tue May 24, 2016 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

Thanks KlangFool for the follow up. I'm pleased to have been pushed to finally use the anypia software. It's annoying but I'm glad I've figured it out, and I also understand your points about how past earnings history for many people can overwhelm any impact the last few years of earnings might have...
by Angst
Tue May 24, 2016 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

Angst, You may not like the answer but it is the correct answer for many of us. I did the calculation with anypia and re-verify with my own spreadsheet with index adjustment. You could quickly verify this by adding up all 35 years of taxed social security income. If it is close to 2 million, you ha...
by Angst
Tue May 24, 2016 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

The SSA retirement calculator, if accurate, confirms what has been said above about not mattering if you keep working as long as you have $2 million in SS earnings. https://www.ssa.gov/retire/estimator.html I'm 67 now, and no matter what year I put in for when I will quit working, the SS paycheck a...
by Angst
Tue May 24, 2016 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

I think you are basically repeating what I said: "The only impact would be if you would have made substantially more those 5 years than the rest of your life" "if your earnings for most of those years were well below the SS maximum, but for the last few years you are at or over the S...
by Angst
Tue May 24, 2016 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

Angst, Actually, it does not even in most of those cases. Especially for those that had reached the 2 million number. It is because of the indexing. Please get the following book for detailed explanation. http://www.obliviousinvestor.com/how-social-security-benefits-are-calculated/ https://www.ssa....
by Angst
Tue May 24, 2016 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

I agree. If you worked most of your life (35 or more years), it will probably have zero impact. Since most people start working in their 20s, it shouldn't be hard to do. The only impact would be if you would have made substantially more those 5 years than the rest of your life . I am thinking of re...
by Angst
Tue May 24, 2016 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70
Replies: 94
Views: 4899

Re: Expected Social Security Benefit if I Have No Income for Five Years Before Claiming at 70

I believe that the "Social Security Benefits Calculator" software can answer your question, but I have yet to use it myself so I look forward to replies from others who have used it. You can get it from the SSA at:

https://www.ssa.gov/oact/anypia/anypia.html
by Angst
Wed May 18, 2016 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: 10 Year TIPS Auction
Replies: 14
Views: 1089

Re: 10 Year TIPS Auction

Bogleheads, Sometimes I am surprised at how many folks are still loyal to this asset class. That must be very tough at times. Best. abuss, you're always surprised at this, and you clearly enjoy expressing this surprise. Do you also have trouble understanding folks who are "loyal" to the i...
by Angst
Wed May 18, 2016 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: 10 Year TIPS Auction
Replies: 14
Views: 1089

Re: 10 Year TIPS Auction

I put in a small order just now... I have been on the fence too. At least rates jumped a bit today. Maybe they'll be up even more at the next new issue auction. Anyhow, it's all part of the plan.
by Angst
Wed May 04, 2016 12:14 am
Forum: Investing - Help with Personal Investments
Topic: Mods: please lock this thread
Replies: 30
Views: 2656

Re: SPIA for 86 yo?

I understand how a spia works with and without guarantees. Have you done a cashflow analysis of investment equivalent scenarios for spias with and without guarantees? I suspect you have not because I asked for analysis and you give me just more text with no sense of durations or magnitudes. If you ...
by Angst
Tue May 03, 2016 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: Mods: please lock this thread
Replies: 30
Views: 2656

Re: SPIA for 86 yo?

For you guys who keep harping on me about the unguaranteed SPIA, let me put the challenge to you. If that's her best option please provide your analysis and convince me with financial facts. I did an analysis a few years ago (can't find it anymore), and my conclusion was that there was no large adv...
by Angst
Tue May 03, 2016 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Mods: please lock this thread
Replies: 30
Views: 2656

Re: SPIA for 86 yo?

If I were in her shoes, I would hope that my grandson would tell me about the SPIA option. And it's probably what I would choose to invest in, unless perhaps I already had more income than I knew what to do with.
by Angst
Sun May 01, 2016 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Is It Time to Ditch Ibonds?
Replies: 10
Views: 2017

Re: Is It Time to Ditch Ibonds?

If I have this right, on Aug 1st, 2015, the time to sell began for bonds purchased in May of 2014, 2013, 2012 and 2011. You would have forfeited 3 months of zero interest as of that point. I think this is an incorrect analysis for this situation. Yes, the penalty would have been 0% but only because...
by Angst
Sun May 01, 2016 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Is It Time to Ditch Ibonds?
Replies: 10
Views: 2017

Re: Is It Time to Ditch Ibonds?

I have $15k sitting in Ibonds as my emergency fund. I also have a $100k HELOC at prime minus 25bps. I am considering dropping the Ibonds to pay down the HELOC and save on the interest spread. I figure the prime rate will outpace inflation so in the long run I will be better off. Most of my Ibonds a...
by Angst
Thu Apr 28, 2016 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Whats the difference between...
Replies: 5
Views: 585

Re: Whats the difference between...

Have you spent some time at Vanguard's website? If not, it would be well spent. Look up the funds you're referring to and look through the info provided for each of them. Right at the top of each fund's (or ETF's) page will be links to their Investor class/Admiral class/ETF equivalents, as well as i...
by Angst
Thu Apr 28, 2016 10:19 am
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 6818

Re: McKinsey report on diminishing returns

I think all reasonable and intelligent investors think about what the future potentially holds for them, particularly in context with their personal past and present situations and the overall investing environment in general. Anyone who doesn't is hopefully having their investment affairs managed b...
by Angst
Wed Apr 27, 2016 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: VWO vs VSS [Vanguard Emerging Markets Stock vs. FTSE All-World ex-US Small-Cap]
Replies: 15
Views: 1000

Re: VWO vs VSS

For International Vanguard funds, I think you get more bang for your aggressive buck by targeting small cap than EM. I'd suggest 50/50 Total Int'l / VSS. And they both have EM in them already.
by Angst
Thu Apr 14, 2016 1:47 pm
Forum: Investing - Theory, News & General
Topic: TIP 5-yr Indicative Yield -.323 today
Replies: 12
Views: 1395

Re: TIP 5-yr Indicative Yield -.323 today

Thanks Doc,
that's very helpful.
by Angst
Thu Apr 14, 2016 12:31 pm
Forum: Investing - Theory, News & General
Topic: TIP 5-yr Indicative Yield -.323 today
Replies: 12
Views: 1395

Re: TIP 5-yr Indicative Yield -.323 today

So in a taxable account we will have both Original Issue Discount (OID) and Amortized Bond Premium (ABP) on the same issue. The IRS cost reporting rules for TIPS were effective January 1, 2016. Anyone want to take bets on which brokers will be able to comply with both OID and ABP at the same time? ...
by Angst
Wed Apr 13, 2016 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Bogleheads view on Fixed Annuity?
Replies: 18
Views: 1574

Re: Bogleheads view on Fixed Annuity?

PatW86, Nisi presented an excellent "opinion" piece on the world of annuities, which I entirely agree with, but I have to add one thing: SPIA = "Single Premium Immediate Annuity" Knowing what you're buying (or discussing) includes knowing what the acronyms stand for: Single Premi...
by Angst
Tue Apr 12, 2016 7:57 pm
Forum: Investing - Theory, News & General
Topic: considering a broad-index commodity fund in my portfolio
Replies: 14
Views: 1042

Re: considering a broad-index commodity fund in my portfolio

The table was for daily correlation, as the comment was made about daily movements. In just 2016 that's been -0.41 between US stocks and gold, so that is fair enough with a little imagination and stretching, but the original statement didn't make a qualifier about recent movements. Since the start ...
by Angst
Tue Apr 12, 2016 7:07 pm
Forum: Investing - Theory, News & General
Topic: considering a broad-index commodity fund in my portfolio
Replies: 14
Views: 1042

Re: Periods chosen

Thank you, Taylor, I think it's interesting too because your observation is suggestive of a slightly inverse relationship between the two funds. I've been scolded before for using "inverse" or "negative" in this sort of context... but the correlation appears less than just "...
by Angst
Tue Apr 12, 2016 6:15 pm
Forum: Investing - Theory, News & General
Topic: considering a broad-index commodity fund in my portfolio
Replies: 14
Views: 1042

Re: considering a broad-index commodity fund in my portfolio

I always have the marketwatch "bubbles" on the lower corner of my screen. Normally whatever the Dow, S&P, NASDAC, Global Dow and oil do, gold does the opposite. Except today, of course, when they're all up. I'd consider gold if you want a counter to stocks and bonds. I'm not saying go...
by Angst
Sat Apr 09, 2016 5:10 pm
Forum: Personal Consumer Issues
Topic: [Vanguard Online Access Problems]
Replies: 113
Views: 2324

Re: Parts of Vanguard's website down?

This morning (4/9/16 at about 8:20 AM Eastern time) I can log on to Vanguard's website and see my balances under "Account overview", but when I click on "Balances and holdings" there's a message saying "This area is temporarily unavailable." I also can't access my stat...
by Angst
Mon Apr 04, 2016 3:17 pm
Forum: Investing - Theory, News & General
Topic: Review of AQR Equity Market Neutral & Long-Short Equity
Replies: 44
Views: 3832

Re: Review of AQR Equity Market Neutral & Long-Short Equity

I'm confused on the N vs I shares (no, I've never bought a mutual fund in my life!). On Fidelity, you'd have to spend about $50 transaction fee each time you contribute to the fund for I shares, whereas you'll have to pay a .25% 12b-1 fee (no transaction fee) for N shares. I'm guessing the best app...
by Angst
Sun Apr 03, 2016 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2352

Re: TurboTax Trauma

Sounds like a good resason to switch to taxact if you ask me! I first did my taxes using tt. It was nice and great at hand holding. Once you have done a year, you should be fine using taxact. Taxact always sends me a deal if I agree to sign up for their services early. No obligation, just a lower p...
by Angst
Sun Apr 03, 2016 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2352

Re: TurboTax [Frustration]

Thankyou livesoft for your insight. I'm resolved to starting earlier for 2016, by December. And I'll include H&R Block when I begin to look through the offerings. Btw, 2016 is special to me in a way I know you appreciate - I turn 59½. Uh-oh, that means you know my birth date. Ha! I didn't mean ...
by Angst
Sun Apr 03, 2016 10:31 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2352

Re: TurboTax [Frustration]

Thankyou livesoft for your insight. I'm resolved to starting earlier for 2016, by December. And I'll include H&R Block when I begin to look through the offerings. Btw, 2016 is special to me in a way I know you appreciate - I turn 59½.
by Angst
Sun Apr 03, 2016 10:04 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2352

Re: TurboTax [Frustration]

I don't mean to sound flip, but how long would it have taken you to do your state taxes? Or was it that it would cost $39.99 to e-file state taxes but you could still print them out for free? In my state, everything is predicated off the Federal tax form - I end up giving up most of my itemized ded...
by Angst
Sat Apr 02, 2016 8:16 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2352

Re: TurboTax Hell...

Sounds like a good resason to switch to taxact if you ask me! I first did my taxes using tt. It was nice and great at hand holding. Once you have done a year, you should be fine using taxact. Taxact always sends me a deal if I agree to sign up for their services early. No obligation, just a lower p...
by Angst
Sat Apr 02, 2016 8:11 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2352

Re: TurboTax Hell...

i believe most of the tax software is misleadingly marketed as to the final true cost. There is often one price to use the software and another separate cost to e-file the state return (I think the Federal e-file is always included in the purchase price). Some states require that their be no additi...
by Angst
Fri Apr 01, 2016 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Best Taxable Account Home - Starting from Scratch
Replies: 9
Views: 803

Re: Best Taxable Account Home - Starting from Scratch

Even better than TDAmeritrade is WellsTrade with free everything, but you probably cannot get that deal. What is this deal? I can't even see it online? Yes, I believe it was many years ago (think stagecoaches) that livesoft was grandfathered into some very good deal at WF, and now, well into the ar...
by Angst
Fri Apr 01, 2016 7:19 pm
Forum: Personal Consumer Issues
Topic: Are any OTC drugs and vitamins U.S.P.-labelled any more?
Replies: 34
Views: 1333

Re: Are any OTC drugs and vitamins U.S.P.-labelled any more?

I too recall that at one time the symbol was very common, but I can't find it on anything at all in our medicine cabinet or in the kitchen. Nothing. According to the USP website, it's a fairly small, exclusive club these days. They list only four supplements manufacturers. http://www.usp.org/usp-ver...
by Angst
Fri Apr 01, 2016 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Major Insurer Pulls a Fast One [Prudential changes terms for LTC inflation protection]
Replies: 4
Views: 978

Re: Major Insurer Pulls a Fast One

LTC might be the biggest hole in my financial future in the sense I have a hard time figuring out what to do about it. Can't decide if it's a good product for me or not, or if there are solid, reputable policies out there. But being unmarried I'm thinking I'll forgo it and risk a somewhat smaller e...
by Angst
Fri Apr 01, 2016 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax [Frustration]
Replies: 19
Views: 2352

TurboTax [Frustration]

(Anyone else experience this particular scenario?) It's not b/c of their incessant up-selling; I was successfully bullied into using Premier a year or so ago, even though I don't itemize. Whatever, at least I should get good support... It's not b/c their support staff includes some people who are pa...
by Angst
Wed Mar 30, 2016 5:50 pm
Forum: Investing - Theory, News & General
Topic: Got a Question for Jack Bogle? Post it Here.
Replies: 64
Views: 6791

Re: Got a Question for Jack Bogle? Post it Here.

Dear Mr. B: Many years ago while I was still in high school, my father started me off in my investing "career" with an investment in the Gemini Capital Fund; I believe it was a closed-end fund and somehow tied to Vanguard. He also first got me started in Vanguard with the original Index 50...
by Angst
Wed Mar 30, 2016 3:43 pm
Forum: Investing - Theory, News & General
Topic: TIPS Anyone?
Replies: 92
Views: 7363

Re: TIPS Anyone?

jalbert, I disagree with several things you say in your post above . But before I address them, here is a chart I created showing the components of TIPS and nominal Treasury yields. (It's copied from my post, Re: Are longer duration TIPS more sensitive to inflation? .) It will provide a background ...
by Angst
Wed Mar 30, 2016 2:45 pm
Forum: Investing - Theory, News & General
Topic: TIPS Anyone?
Replies: 92
Views: 7363

Re: TIPS Anyone?

In regards to TIPS, there might even be a third kind of "premium" out there, like the warm and fuzzy feeling of knowing you're protected from unknown inflation. The idea that people might be willing to pay such a "price premium" is one potential benefit governments derive from i...
by Angst
Wed Mar 30, 2016 2:19 pm
Forum: Investing - Theory, News & General
Topic: TIPS Anyone?
Replies: 92
Views: 7363

Re: TIPS Anyone?

In regards to TIPS, there might even be a third kind of "premium" out there, like the warm and fuzzy feeling of knowing you're protected from unknown inflation.
by Angst
Tue Mar 29, 2016 4:36 pm
Forum: Investing - Theory, News & General
Topic: Taylor Larimore on Bear Markets
Replies: 31
Views: 3689

Re: Taylor Larimore on Bear Markets

When we are talking about bonds in portfolio what kind of bonds? I'd assume that in the bear market like Great Depression corporate bonds will suffer as well, especially if companies going bankrupt. What basically leave only treasures as really safe investment. Am I missing something? Yes, you're m...
by Angst
Thu Mar 24, 2016 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Admiral Shares Threshold vs. ETF: Small International ?
Replies: 11
Views: 570

Re: Vanguard Admiral Shares Threshold vs. ETF: Small International ?

They do an NAV-to-NAV conversion at end of day. At the moment, it's roughly 2.62155 shares of VFSVX per share of VSS, and that ratio should stay constant as long as the dividend income is more than the expense ratios. Thank you for clarifying, that makes sense. Also, please correct me if I'm wrong,...
by Angst
Thu Mar 24, 2016 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Admiral Shares Threshold vs. ETF: Small International ?
Replies: 11
Views: 570

Re: Vanguard Admiral Shares Threshold vs. ETF: Small International ?

I just spoke with a Vanguard Rep and they said this question has never been asked before, but there is no issue they have with the behavior. The rep also said that the conversion doesn't count as a buy-or-sell so it doesn't count towards the frequent trading policy either. That sounds promising - g...

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