Search found 2403 matches

by BigFoot48
Sun Dec 04, 2016 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Do You Consider Dividends As Income?
Replies: 65
Views: 3781

Re: Do You Consider Dividends As Income?

That means that you have made an assessment that a withdrawal rate of 3.4% of the current balance is "very safe." I wouldn't disagree that this is likely true, but I wonder on what basis you have made that assessment. My basis for assessing that statement would be to go to FireCalc, enter...
by BigFoot48
Sun Dec 04, 2016 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Do You Consider Dividends As Income?
Replies: 65
Views: 3781

Re: Do You Consider Dividends As Income?

When figuring annual income, do you include your dividends? Even when they are re-invested? This is not an income tax query. I'm just wondering if - in your mind - you factor them in. I thinking maybe in this first year of retirement and living on 2 pensions, it would make me feel 'wealthier' to in...
by BigFoot48
Sat Dec 03, 2016 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

Hi, First off, I am very impressed with the Retiree Portfolio Model. It has taken me several hours to learn to use it. I still do not fully understand it all, but I am working on it. So THANK YOU for the enormous effort you have put into this. Thank you. It has been a bunch of work, but I found all...
by BigFoot48
Wed Nov 30, 2016 6:14 pm
Forum: Personal Consumer Issues
Topic: Should I buy a new car for safety's sake?
Replies: 152
Views: 6062

Re: Should I buy a new car for safety's sake?

I'm just glad I survived driving for 10 years a 1970 VW Bus with a thin piece of sheet metal between me and eternity!
by BigFoot48
Wed Nov 30, 2016 11:53 am
Forum: Personal Consumer Issues
Topic: Should I buy a new car for safety's sake?
Replies: 152
Views: 6062

Re: Should I buy a new car for safety's sake?

I would absolutely buy a new car with as many of the advanced safety features as possible. I bought a 2005 Highlander with some of the new safety features, such as limited (won't go to a full stop) automatic braking, adaptive cruise control and rear cross-traffic alert, and would never have another ...
by BigFoot48
Sat Nov 26, 2016 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

The current version 16.3 has been updated as a result of the state tax bracket problem reported by gponym. Many thanks to him for assisting me in resolving this. The impact on the ending portfolio value for the Example data was only $2,000, or 0.01%, so I'm just updating the current version. I recom...
by BigFoot48
Sat Nov 26, 2016 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

I have found a state tax anomaly. Still using early Nov v16.3. I saw it in Full Case in normally hidden State Brackets row 204. I did not play around to see if any other rows show anomalous behavior. That is very odd. I've reviewed the calculations and don't see any problem and the example data doe...
by BigFoot48
Fri Nov 25, 2016 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

That's nice, thanks for fixing so soon. And glad you could make sense of my post, it wasn't the picture of clarity. Reading between the lines, it sounds like no great harm will come from halving the Roth 1 withdrawal starting amount in the early November v16.3. Assuming that, I'll wait to update. I...
by BigFoot48
Wed Nov 23, 2016 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

Thanks for making and sharing this great tool, BigFoot. I just got v16.3 on 11/20 from the official site. I noticed something curious while setting up my situation: The Roth 2 withdrawal appears to replicate the Roth 1 withdrawal in the Base Case worksheet. Thank you for this detailed problem repor...
by BigFoot48
Sat Nov 19, 2016 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

For federal income tax, how do I change the number of exemptions to include dependents (row # 172 on the Full Case/Base Case page)? Also, it seems that this number is always 1 regardless what I choose for Filing status (row # 174 on the Setup page). Glad you like the model! The Filing Status (Marri...
by BigFoot48
Mon Nov 14, 2016 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

Yes, it was the same protection issue, which I have now fixed on all pages. Sorry about that. If you don't want to download again, just un-protect each sheet to allow those macros to work. Or, un-protect and then re-protect and check the boxes for format cells, columns and rows.
by BigFoot48
Wed Nov 02, 2016 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

I used the macros to hide the ORP tab and Clear Entries, they both worked fine. I then tried the hide Base case and received the following error (you get the error with the Exclude Base case set to either Y or N): Any recommendations or do you think this is just a bug in Excel 2010? No, a programmi...
by BigFoot48
Mon Oct 24, 2016 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement reality check
Replies: 36
Views: 7026

Re: Early retirement reality check

Bigfoot48 , it appears that you have been working on your model and refining it for a few years now - I haven't studied it thoroughly but it's quite impressive , big file and it seems to incorporate many inputs that are relevant to retirees - kudos to you for this undertaking . However , I think it...
by BigFoot48
Sun Oct 16, 2016 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

A new version of the model, 16.3 - Oct 16, 2016 (updated Nov 26), is now available and can be downloaded from Dropbox via this link: https://www.dropbox.com/s/sz1wcm0nxwekg1r/Retiree%20Portfolio%20Model%20v16.3.xls?dl=0 Changes include: Nov 26: fixed an error in the middle State tax bracket calculat...
by BigFoot48
Thu Oct 06, 2016 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

Would it make sense to add a qualified charitable distribution parameter? That would reduce AGI and possibly taxes. Thanks I've been thinking about doing that as I see a lot of discussion about it and it's now more or less a permanent tax feature according to what I've read. I've got an update abou...
by BigFoot48
Thu Oct 06, 2016 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement reality check
Replies: 36
Views: 7026

Re: Early retirement reality check

I am assuming that my Social security benefits Will be worth less by the time I am 70, either by higher taxes, lower benefit calculations, etc. So I am not very comfortable using the Social Security benefits in my calculations. Our plan is to shoot for 4% withdrawal rate, With the understanding tha...
by BigFoot48
Wed Sep 28, 2016 7:01 pm
Forum: Personal Consumer Issues
Topic: Please recommend a new tablet
Replies: 26
Views: 2417

Re: Please recommend a new tablet

My wife really likes the look and performance of the Samsung Galaxy Tab S2 9.7" that we bought at Costco. It replaced a Nexus 10 that was having battery problems. It is above your price-point though, at $480.
by BigFoot48
Tue Sep 27, 2016 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Can I make a legal last will/testament by myself?
Replies: 61
Views: 6533

Re: Can I make a legal last will/testament by myself?

I never seen an article or post that a Nolo Willmaker prepared Will was found to be invalid by a court. Anyone seen evidence of that happening?
by BigFoot48
Sun Sep 25, 2016 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Best Frugal Way to Create a Will
Replies: 32
Views: 4217

Re: Best Frugal Way to Create a Will

Recently found that many states now have TRANSFER ON DEATH deeds for real estate too this is very interesting! who does one file or record such RE TOD deed with? thank you! I did such a deed when my father-in-law died and his wife became the home owner with their sole child, my wife, the ultimate b...
by BigFoot48
Thu Sep 22, 2016 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: best software for financial planning
Replies: 49
Views: 6819

Re: best software for financial planning

I noticed a couple of other weird things. It told me we had too much income for aca subsides. Which might be true if we were a two person household since we are a four person family not accurate. It also says to take money out of tax deferred. We are both shy of 59 1/2? You might want to email Jame...
by BigFoot48
Thu Sep 22, 2016 8:32 am
Forum: Personal Finance (Not Investing)
Topic: best software for financial planning
Replies: 49
Views: 6819

Re: best software for financial planning

But is that how it works IRL? If someone works from ages 15 to 50 then stops working and claims SS at 70 the PIA grows for 20 years? The PIA is fixed based on the earnings history at the end of employment but does not include the annual inflation adjustments between the end of employment and starti...
by BigFoot48
Wed Sep 21, 2016 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: best software for financial planning
Replies: 49
Views: 6819

Re: best software for financial planning

I put a PIA at my full retirement(67) of 17k. I would guess my yearly PIA at 70 would be more like 21k. My spouse's was also listed way too high as well The actual amount depends on the number of years between now and your PIA year, as the COLA rate entered will escalate your entered PIA amount for...
by BigFoot48
Mon Sep 19, 2016 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

LadyGeek, the 2.5% Social Security COLA I've been using in the example data comes from the average over the past 27 years, as you found out. This is also the rate the ORP model has been using but he recently reduced it and the inflation rate to the Federal Reserve target of 2% in his new "simpl...
by BigFoot48
Sun Sep 18, 2016 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

Thanks LadyGeek for all the corrections and suggestions and I concur on their benefit. I have corrected or modified all of them that you have reported through your last post. As for cell comments being blocked by graphs, I'm unaware of any with that problem but will adjust any that are reported, or ...
by BigFoot48
Sat Sep 17, 2016 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

All of the link and macro issues reported by LadyGeek and some more have been fixed in the current version 16.2. I'm glad to see that the clickable link issue that forced me to show links rather than make them clickable has gone away. The broken data validation message is likely the false positive t...
by BigFoot48
Sun Sep 11, 2016 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

Thanks LadyGeek! I will fix those in the next few weeks.
by BigFoot48
Tue Aug 30, 2016 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: best software for financial planning
Replies: 49
Views: 6819

Re: best software for financial planning

In the Retiree Model Portfolio, would converting one of the IRAs (the smallest) to an annuity for modeling purposes be a reasonable work around to the single IRA conversion limitation? I tried that as an experiment, setting the annuity payments to equal the RMDs of the smallest IRA and it seemed to...
by BigFoot48
Tue Aug 30, 2016 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: best software for financial planning
Replies: 49
Views: 6819

Re: best software for financial planning/ look at Retirees Model Portfolio

This must have been where I fell short previewing the Retiree's Model Portfolio... :oops: I wanted to enter different types of accounts (457/403B/) as well as many more of them. Couldn't figure an easy way to do that. Also wanted to delete the 'Inherited IRA' entries, but...? There's is a limit to ...
by BigFoot48
Fri Aug 26, 2016 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Are Bogleheads Buying I-Bonds 2016?
Replies: 87
Views: 14228

Re: Are Bogleheads Buying I-Bonds 2016?

I sold the i-bonds we held in Treasury Direct last year and our Vanguard Inflation-Protected Securities fund earlier this year as I finally adopted the 3-fund portfolio. (Total Bond Fund VBMFX returns the last 5 years have been: 7.56, 4.05, -2.26, 5.76 and 0.30%) The amount of both inflation bond ho...
by BigFoot48
Wed Aug 24, 2016 7:49 pm
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 39
Views: 3542

Re: Aug. 2017 US total eclipse hotel reservations.

We tried to book at La Quinta in Idaho Falls (which takes pets - guess what we travel with) on Aug 21 for 2017 and they were mostly booked up with the remaining empty rooms on hold by corporate and showing a price of $1,000 a night. So we booked in Twin Falls (where we were just two weeks ago) and g...
by BigFoot48
Fri Aug 19, 2016 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

You can chose however many years you would like to model, from 1 to 40. So just pick the number that ends your model at age 90. (I have never run a 1 year test model - user beware - the results may be a bit odd.)
by BigFoot48
Wed Aug 03, 2016 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

I have a question on your new version 16.2, I'm switching over from version 16.0 and I found one item for you to look at please. On the Setup tab in cell E13, "In Use alternative SS benefits?" the yes/no selection drop down box is missing. When you have a chance could you look at that ple...
by BigFoot48
Tue Aug 02, 2016 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

And thank you Zephavest for those kind comments. I just hope you used both your own models and many other sources in making your early-retirement decision, as we must always remember this wisdom: "the data is not a future reality, just a mathematical construct". Best of luck!
by BigFoot48
Tue Aug 02, 2016 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

...so some review and advise would likely be a benefit. The only reviews available are those posted by users in this thread, and they are mostly limited to either they find it useful or they found a problem. I recommend users that want to test it should start with limited entries, verify that the m...
by BigFoot48
Fri Jul 22, 2016 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

A new version of the model, 16.2 - Jul 22, 2016, is now available - update: replaced by 16.3 on Oct 16, 2016. Note: A problem in the "Clear Entries" macro was reported by a user (thanks Puck!) and fixed on July 23 AM and the model updated. Download again if you intend to use this feature. ...
by BigFoot48
Sun Jul 17, 2016 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

I revised the page: Retiree Portfolio Model BigFoot48 - If you don't like the wording, just change it. (Any editor is welcome to edit the page.) LadyGeek, thanks for making that improvement to the Wiki page as it will now make locating the model link and asking questions in this thread much easier....
by BigFoot48
Sat Jul 16, 2016 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Have questions about RMD
Replies: 13
Views: 1101

Re: Have questions about RMD

RMDs don't appear to be a "withdrawal", more a "transfer", but the additional taxes paid would be part of the 4% withdrawal target. The taxman cometh for me in three more years. I try not to think about it much.
by BigFoot48
Sun Jul 03, 2016 9:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: The Declaration of Independence
Replies: 44
Views: 3765

Re: The Declaration of Independence

I like what John Adams wrote to his wife Abigail on July 3, as it is still happening 240 years later: “The Second Day of July 1776 will be the most memorable Epocha, in the History of America. . . . It ought to be solemnized with Pomp and Parade, with Shews, Games, Sports, Guns, Bells, Bonfires, and...
by BigFoot48
Sun Jul 03, 2016 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: $400,000 Roth Conversions Between Ages 66-69?
Replies: 109
Views: 12404

Re: $400,000 Roth Conversions Between Ages 66-69?

A Roth Conversion spreadsheet to use until you can create your own: Retiree Portfolio Model
by BigFoot48
Mon Jun 27, 2016 6:15 pm
Forum: Personal Consumer Issues
Topic: Good Deal on a Pocket Pistol
Replies: 124
Views: 11063

Re: Good Deal on a Pocket Pistol

gatorman wrote:Did you put Hogue handall grips on it? My reading says they're pretty effective in reducing felt recoil.
gatorman

I did not but will look into that. Anything to make practicing less painful would be welcome!
by BigFoot48
Mon Jun 27, 2016 1:40 pm
Forum: Personal Consumer Issues
Topic: Good Deal on a Pocket Pistol
Replies: 124
Views: 11063

Re: Good Deal on a Pocket Pistol

I saw this: http://www.kygunco.com/Product/View?ItemNo=95665#.V2wz6vkrKUk which is a pretty good deal on a Ruger .380 LCP Custom. $226.59 with free shipping, so I thought I'd bring it to your attention. Of course, it has to go to an FFL holder That's an excellent price based on how much I paid for ...
by BigFoot48
Tue Jun 14, 2016 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Liking the new Citi CC at Costco
Replies: 197
Views: 33614

Re: Liking the new Citi CC at Costco

Looks like Costco has one additional change coming via an email they sent me today: "Beginning June 20 (less than a week away), Costco will accept ALL Visa® cards. Mark your calendar for the beginning of a new chapter in the Costco story."
by BigFoot48
Tue Jun 14, 2016 10:55 am
Forum: Personal Consumer Issues
Topic: Help! Microsoft kills WIN Live Mail-2012
Replies: 22
Views: 2036

Re: Help! Microsoft kills WIN Live Mail-2012

Do I need to do anything to protect my archives, or they will be accessible no matter what happens elsewhere? As far as I know they should still be accessible but since I moved my offline folder contents to the online folders I can't test them against the new IMAP setup. I'm still seeing local fold...
by BigFoot48
Tue Jun 14, 2016 10:30 am
Forum: Personal Consumer Issues
Topic: Help! Microsoft kills WIN Live Mail-2012
Replies: 22
Views: 2036

Re: Help! Microsoft kills WIN Live Mail-2012

Yesterday I converted my Live Mail program to use the IMAP format on two computers. I followed the below instructions I found on the web here: http://www.ghacks.net/2016/05/06/windows-live-mail-2012-end-of-outlook-support/ It worked, and LM is performing as it always has. If you don't want to use an...
by BigFoot48
Fri Jun 03, 2016 1:41 pm
Forum: Investing - Theory, News & General
Topic: Thank you Taylor Larimore
Replies: 51
Views: 8154

Re: Thank you Taylor Larimore

In 1999 Taylor posted this poem in the Morningstar Bogleheads forum in response to some difficulty a person was having. In 2004 another member, remembering it, used it upon the death of his 99 year old mother to comfort his family members, and made a post honoring Taylor, in a thread on Taylor's can...
by BigFoot48
Tue May 31, 2016 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversions, Zero Income Years and Tax Brackets
Replies: 64
Views: 4784

Re: Roth Conversions, Zero Income Years and Tax Brackets

I think I-ORP provides some guidance for those who experiment to see what a good strategy might be, by just running once with the Roth conversion disabled and once with Roth conversions enabled. After you study the results of each run, you can then decide whether you might prefer being in the 25% b...
by BigFoot48
Mon May 16, 2016 8:12 am
Forum: Personal Consumer Issues
Topic: Best "Life Alert" type device for 98 year old grandparents
Replies: 16
Views: 1537

Re: Best "Life Alert" type device for 98 year old grandparents

Family member uses Great Call Five Star medical alert system. Works well. Advantages are works on Verizon cellular network so works anywhere you have Verizon service. Cost was lower than others too. About $15-20 a month depending on level of service. No contract, pay month to month. They came out w...
by BigFoot48
Thu May 12, 2016 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 258
Views: 93660

Re: Retiree Portfolio Model

Love this spreadsheet! Under Other Income: I have entered my age above (67), but when I enter the start age for some other income (85) I get an error message that start age must be greater than my age. It is, so I don't understand why I get the error message. Please help! Thanks! The warning messag...
by BigFoot48
Sat Apr 30, 2016 12:35 pm
Forum: Investing - Theory, News & General
Topic: "Morningstar’s Active/Passive Barometer"
Replies: 3
Views: 1023

Re: "Morningstar’s Active/Passive Barometer"

The latest version of the Barometer has been released and is available here: http://corporate1.morningstar.com/ResearchArticle.aspx?documentId=749623 Christine Benz's discussion of the report with the author is here: http://news.morningstar.com/cover/videocenter.aspx?id=750638 The key finding: The A...
by BigFoot48
Wed Apr 27, 2016 5:32 pm
Forum: Investing - Theory, News & General
Topic: Handling RMDs
Replies: 31
Views: 2432

Re: Handling RMDs

The original purpose of the Retiree Portfolio Model was to compare results from doing or not doing Roth conversions, and I believe it still does a good job at this, including using all current Federal tax brackets and user provided state brackets or rate. Retiree Portfolio Model

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