Search found 55 matches

by Dinosaur Dad
Fri Jun 23, 2017 5:50 pm
Forum: Investing - Theory, News & General
Topic: [NY Times: Index fund evangelist is straying From His Gospel]
Replies: 32
Views: 3957

Article: re: Burt Malkiel: "An Index-Fund Evangelist Is Straying From His Gospel"

I found this article (link below) in today's New York Times, talking about how Burt Malkiel is working with Wealthfront to bring "smart beta" to more people, at a lower cost. Over time, reading this forum, I've heard from lots of people who are much more knowledgeable than I, debating both sides.. M...
by Dinosaur Dad
Thu Jun 22, 2017 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 228
Views: 28142

Re: Early Retirement - what to do about healthcare?

Fellow Bogleheads Great thoughts. One other option to the exchanges: I was on the phone with an insurance broker today. Apparently there are ways (I live in Connecticut) to enroll in a union-related plan for medical. The example he cited was something associated with the International Brotherhood of...
by Dinosaur Dad
Mon May 15, 2017 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else dial down retirement savings?
Replies: 32
Views: 5519

Re: Anyone else dial down retirement savings?

Your question touches on an important consideration: after retirement, you have to think about tax rates and cash flow, pre and post RMD's. In my case (age 60), we are planning to delay social security until 70 and wait until age 70 1/2 to take RMDs. The issue though is that exposes us to a very hig...
by Dinosaur Dad
Wed May 10, 2017 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking advice for retirees (age 69, perhaps $3 MM) that are unhappy with their advisors
Replies: 34
Views: 3206

Re: Seeking advice for retirees (age 69, perhaps $3 MM) that are unhappy with their advisors

Maybe you or they could read the latest edition of How to Make Your Money Last by Jane Bryant Quinn written for retirees. There is a Bogleheads Guide to Retirement planning as well. Ms Quinn has been writing about personal finance for a long time. She also has articles in the AARP website, and poss...
by Dinosaur Dad
Wed May 10, 2017 9:23 pm
Forum: Personal Consumer Issues
Topic: Bicycling Delaware Maryland Pennsylvania
Replies: 13
Views: 1106

Re: Bicycling Delaware Maryland Pennsylvania

Northern Delaware has an excellent trail system that meets your criteria. The park is White Clay Creek State Park, located in Newark, DE - see link below. It's a 3,300 acre state park about an hour southwest of Philly with 37 miles of trails. While there are some hilly spots, most of the park consi...
by Dinosaur Dad
Wed May 10, 2017 9:23 pm
Forum: Personal Consumer Issues
Topic: Bicycling Delaware Maryland Pennsylvania
Replies: 13
Views: 1106

Re: Bicycling Delaware Maryland Pennsylvania

My wife & I just spent a long weekend staying in Knoxville,MD in order to bike parts of the C&O towpath. Nice &flat. We rode round trips to Brunswick,Harpers Ferry, and Shepherdstown. We enjoyed it. Also drove to the Monocacy aqueduct on our way home.Not huge history buffs but the canal, H Ferry, t...
by Dinosaur Dad
Wed May 10, 2017 9:22 pm
Forum: Personal Consumer Issues
Topic: Bicycling Delaware Maryland Pennsylvania
Replies: 13
Views: 1106

Re: Bicycling Delaware Maryland Pennsylvania

Check out Delaware DOT bicycle maps page: http://www.deldot.gov/information/community_programs_and_services/bike/biking_in_delaware/maps.shtml Western Maryland rail trail: http://www.westernmarylandrailtrail.com/WMRT/index.html There are many trails and road routes throughout Pennsylvania. Search G...
by Dinosaur Dad
Wed May 10, 2017 1:54 pm
Forum: Personal Consumer Issues
Topic: Bicycling Delaware Maryland Pennsylvania
Replies: 13
Views: 1106

Bicycling Delaware Maryland Pennsylvania

Folks My wife and I are avid bicyclists, but our geography has been limited pretty much to Connecticut, Vermont, Rhode Island, Massachusetts. Have heard and read on this forum about some great areas in Maryland, Delaware, Pennsylvania. Any suggestions on where to start? Our rides are usually 20-35 m...
by Dinosaur Dad
Sun May 07, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Retire Early?? Need a sense check
Replies: 42
Views: 8748

Re: Retire Early?? Need a sense check

My two cents: 1. What's your real return (i.e. what is your inflation assumption)? 2. Agree with other posts which essentially say...how much flex does your $110-120k/year expense number have? if you have a couple of sub-par years, adjusting spending could be an option. 3. Remember that the healthca...
by Dinosaur Dad
Sat May 06, 2017 7:34 am
Forum: Investing - Theory, News & General
Topic: Financial Literacy
Replies: 27
Views: 2617

Re: Financial Literacy

Interesting exercise, scored 84% ( am doing a lot of reading and learning lately to help me plan retirement the Boglehead way...thank you fellow Bogleheads for sharing your knowledge). This does a pretty good job of highlighting important issues like timing of social security, need for long term car...
by Dinosaur Dad
Thu May 04, 2017 1:54 pm
Forum: Investing - Theory, News & General
Topic: Chief Investment Officer of Vanguard, Gus Sauter, to retire
Replies: 42
Views: 6264

Re: Chief Investment Officer of Vanguard, Gus Sauter, to retire

I think we all have to just hope/expect that the Vanguard core values continue to be taught to the rank-and-file, and that those now moving up will keep them in mind. The siren song that pulls a lot of people towards what's new/trendy/hot (but unproven!) can be hard to resist. This is a discussion I...
by Dinosaur Dad
Thu May 04, 2017 1:46 pm
Forum: Investing - Theory, News & General
Topic: Morningstar article--Service Complaints Aside, Investors See Value at Vanguard
Replies: 10
Views: 1074

Vanguard Servicing

[Thread merged into here, see below. --admin LadyGeek] Found this on Morningstar, relative to some "buzz" about service issues at Vanguard. I'm personally not that surprised given the amount of incoming dollars, and I have to believe/hope/expect they are aware of of this. http://beta.morningstar.co...
by Dinosaur Dad
Wed May 03, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Genworth Long Term Care
Replies: 11
Views: 1252

Re: Genworth Long Term Care

I'm trying to figure out the LTC issue also. Experience with my mother, who had a protracted illness from age 76 to her death at 87, showed me how it certainly can help (she had a policy with Travelers that paid for in-home care). But in reading this forum, it's very much a process of identifying ho...
by Dinosaur Dad
Tue May 02, 2017 7:48 pm
Forum: Investing - Theory, News & General
Topic: Giving a Talk on Personal Finance & Investing - Advice?
Replies: 41
Views: 3122

Re: Giving a Talk on Personal Finance & Investing - Advice?

here's a link to a Connecticut state website, which itself has links to a variety of programs geared towards financial education (including some classroom materials, booklets, etc.). May not be exactly what you need (I just glanced over this as i came upon it the other day), but it might be helpful....
by Dinosaur Dad
Mon May 01, 2017 1:41 pm
Forum: Local Chapters and Bogleheads Community
Topic: John Bogle's Legacy!
Replies: 19
Views: 3459

Re: John Bogle's Legacy!

Well it's pretty clear that there's a common theme here about Mr. Bogle. Those principles he has tirelessly taught brought more honesty and transparency to an industry sorely in need of both. For me personally: for whatever reason, I was fortunate enough to read a few articles back in the early 1980...
by Dinosaur Dad
Fri Apr 28, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: A Morbid Subject
Replies: 20
Views: 2844

Re: A Morbid Subject

I think most people are in denial about this topic...choose not to think about it at all. But I think we all need to think about it at least a little, and to have "that discussion" with loved ones. First of all, in order to plan: I convinced my mother to finish her will, power of attorney, health ca...
by Dinosaur Dad
Thu Apr 20, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 43126

Re: Larry Swedroe says "Goodby."

Mr. Swedroe has been a generous and helpful poster. Thank you sir...know that sharing your financial knowledge and literacy makes a huge difference to people like me - and that translates to a better ability to take care of my family and others I can help. Dismayed that some spoil this great opportu...
by Dinosaur Dad
Tue Apr 18, 2017 9:56 pm
Forum: Personal Consumer Issues
Topic: Buy a new honda or continue with old one
Replies: 33
Views: 3745

Re: Buy a new honda or continue with old one

beyond tires, standard oil changes etc. I would be willing to spend money on things like struts and muffler. If you get into problems with the basic engine like valves etc. that would be a no go to me. I typically bail at about 150-175k miles.
by Dinosaur Dad
Tue Apr 18, 2017 2:42 pm
Forum: Investing - Theory, News & General
Topic: Online retirement software verbiage
Replies: 4
Views: 594

Re: Online retirement software verbiage

One thought to add though: Beyond why they ask for percent of salary versus percent of expenses... The issue is both how much you need to spend AND how to generate the needed cash. The first, with some simple tracking of receipts for a couple of months, can be generated fairly easily...and you alrea...
by Dinosaur Dad
Tue Apr 18, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Which book is best to start with ?
Replies: 12
Views: 1244

Re: Which book is best to start with ?

Here's another: Control Your Retirement Destiny: Achieving Financial Security Before The Big Transition by Dana Anspach. She's a planner based in Arizona, fairly prolific, also writes a money column for "the Balance.com" on the web (used to be in About.com...see the "retirement" heading) This isn't ...
by Dinosaur Dad
Wed Apr 12, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Advisor
Replies: 8
Views: 1523

Re: Vanguard Advisor

I recently received my "free" plan from Vanguard per my request. It was "free" because I have a lot of assets at Vanguard. I think there's some value to what they will do for you, given your self-described "novice" status. They'll ask you to fill out a questionnaire abo...
by Dinosaur Dad
Tue Apr 11, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Breaking up with my Financial Advisor
Replies: 56
Views: 5136

Re: Breaking up with my Financial Advisor

I would just add: imagine being a "conventional" advisor right now. There is a tsunami of change that must be hugely threatening to advisors, including robos, fee reductions, etc. So yes be assertive but I guess I would feel a little compassion for them. My experience over the past month, ...
by Dinosaur Dad
Tue Apr 11, 2017 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: A Wealth Of Common Sense
Replies: 17
Views: 3850

Re: A Wealth Of Common Sense

Fallible wrote:Enjoyed the article, but would have to disagree with one of Carlson's comments: "No one brags about simplifying their investment strategy to their peers."

The Bogleheads do. :happy


a huge "amen" to you.
by Dinosaur Dad
Tue Apr 11, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford private school tuition
Replies: 42
Views: 4108

Re: Can we afford private school tuition

I would say you have multiple things to consider here: 1. Yes from a cash position you have the money. 2. As many have posted, however, you need to look ahead a little. Switching schools in the middle of adolescence - really difficult (we moved just before 9th grade, and my son struggled). Does that...
by Dinosaur Dad
Mon Apr 10, 2017 11:19 am
Forum: Personal Consumer Issues
Topic: Buy a new honda or continue with old one
Replies: 33
Views: 3745

Re: Buy a new honda or continue with old one

I too am buy and hold with cars but: I don't think anyone's noted the more advanced safety options with a newer car. Yes you could make it run longer, but you should balance that against the pure $ equation. I typically buy a good condition used car (2-3 years old) that's had the nasty initial depre...
by Dinosaur Dad
Fri Apr 07, 2017 10:11 am
Forum: Investing - Theory, News & General
Topic: Vanguard: "Important: We've been unable to reach you by email"
Replies: 36
Views: 4268

Re: Vanguard: "Important: We've been unable to reach you by email"

I recently had an issue with my Vanguard transaction history/cost basis calculations. Number were missing or incorrect. My brother-in-law had an issue with something similar. I feel a level of loyalty to Vanguard for its role in teaching me the basics and its commitment to individual investors. I ha...
by Dinosaur Dad
Thu Apr 06, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: How many financial secrets?
Replies: 58
Views: 6334

Re: How many financial secrets?

We divided and conquer but are aware of what each other covers: She: pay bills, do taxes, update portfolio balance. He: track down healthcare bills, insurance contracts, personal P&L. Both: decisions on portfolio including rebalancing. Now looking at retirement, which is another kettle of fish e...
by Dinosaur Dad
Tue Apr 04, 2017 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Management in preparation for retirement
Replies: 29
Views: 2208

Re: Tax Management in preparation for retirement

My questions: What advice can you provide for finding a good tax expert who can model the best strategy to spend from the nest egg? What is a reasonable expectation for the cost to have this done? [/quote] I got tagged with that 3.8% medicare tax this year as I'm rebalancing after the long runup. An...
by Dinosaur Dad
Tue Apr 04, 2017 1:01 pm
Forum: Investing - Theory, News & General
Topic: Why we think we're better investors than we are
Replies: 3
Views: 871

Re: Why we think we're better investors than we are

Welcome to the world of behavioral finance, belatedly. The article is from a year ago and written by GARY BELSKY who is the co-author (along with Gilovich) of the 1999 book "Why Smart People Make Big Money Mistakes (and how to correct them)" which is one of the first behavioral finance bo...
by Dinosaur Dad
Tue Apr 04, 2017 12:22 pm
Forum: Investing - Theory, News & General
Topic: Why we think we're better investors than we are
Replies: 3
Views: 871

Why we think we're better investors than we are

Fellow Bogleheads: Found this in the New York Times today. Helped me understand how, essentially, there are some "brain processes" that make it more difficult to invest successfully. I'll bet that many of those who subscribe here have already figured this out (I learned through some early ...
by Dinosaur Dad
Thu Mar 30, 2017 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor fee
Replies: 15
Views: 2162

Re: Advisor fee

To echo some of the other posts: 1. separate financial planning advice (taxes, insurance, Roth conversions, long term care considerations) from pure investment/portfolio management. There are some to pretend to do both but they don't have the time or knowledge to really do both. 2. You already know,...
by Dinosaur Dad
Wed Mar 29, 2017 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 164
Views: 13604

Re: When do you plan to die?

(Attention-grabbing title, eh?) I apologize for asking a question that has almost certainly come up before. But it wasn't clear to me what search terms would find it. In planning to make your money last long enough, how do you define "enough"? Your actuarial life expectancy? Family longev...
by Dinosaur Dad
Wed Mar 29, 2017 11:43 am
Forum: Investing - Theory, News & General
Topic: At BlackRock, Machines Over Managers to Pick Stocks
Replies: 1
Views: 599

At BlackRock, Machines Over Managers to Pick Stocks

Another sign of the times: Fund manager BlackRock now moving towards "quant" stock picking for actively managed funds... sort of throwing in the towel. See link below. The shift we're watching in the investment industry is just amazing to me... just think of the staggering amounts of money...
by Dinosaur Dad
Wed Mar 29, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: Personal experience over time? [How far from retirement, time spent investing]
Replies: 31
Views: 3677

Re: Personal experience over time? [How far from retirement, time spent investing]

60 years old, about to retire. I started with small IRA's in the early 1980s as I began my career...mostly these were actively managed mutual funds like the Fidelity Fund and Fidelity Growth and Income. Next job offered a 401k and I diversified across a bunch of offerings, some of which (looking bac...
by Dinosaur Dad
Tue Mar 28, 2017 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Active versus Passive
Replies: 2
Views: 427

Active versus Passive

Fellow Bogleheads Check this out: this is an annual report, produced by Morningstar, showing the overall performance of active versus passive funds against their respective benchmarks. I guess it says what we all already know and believe, but for me it's really striking just how "true" it ...
by Dinosaur Dad
Mon Mar 27, 2017 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: An Edward Jones Financial Advisor stopped by my house and spoke with my wife
Replies: 111
Views: 13580

Re: An Edward Jones Financial Advisor stopped by my house and spoke with my wife

pondering wrote:An Edward Jones Financial Advisor stopped by my house and spoke with my wife.

Can you help me write an email to him?

Thanks!


Scary. Makes me wonder about all of the instances of this where someone doesn't ask the right questions.
by Dinosaur Dad
Fri Mar 24, 2017 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Are Bogleheads in the minority on the use of investment advisors?
Replies: 86
Views: 6226

Re: Are Bogleheads in the minority on the use of investment advisors?

http://bit.ly/2nffSzM I bet much of those at or near retirement have those commercials imprinted in their brains...it's taken 40 years for Bogle's revolution to really take hold. Things will be different in 20 years. The old guard is in panic because they know those in currently in their 20s and 30...
by Dinosaur Dad
Fri Mar 24, 2017 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Are Bogleheads in the minority on the use of investment advisors?
Replies: 86
Views: 6226

Re: Are Bogleheads in the minority on the use of investment advisors?

Hoo Boy am I all over this one, and I could go on and on. But I'll try to be brief. I'm 60, just laid off, and looking at my self-designed retirement plan (assets of $5 million). Up to this point I've done everything myself - investing (primary Vanguard funds, heavy focus on index funds), taxes etc....
by Dinosaur Dad
Thu Mar 23, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: International Allocation
Replies: 16
Views: 1595

International Allocation

Folks With the US market at such a relative high from a p/e standpoint...are you starting to weight International somewhat higher? Speaking with Vanguard this week, seems like that's a current guideline for their recommendations. For me the recommended allocations were: overall: 66% stock, 34% bond ...
by Dinosaur Dad
Wed Mar 22, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Online Retirement Planner Tools
Replies: 10
Views: 1599

Re: Online Retirement Planner Tools

I like trying out calculators. My favorite two are on the OP shortlist: Fidelity: Good place to start, keeps current account balances updated. Free. My first retirement calculator was Quicken, and Fidelity was a nice calculator to graduate to -- stronger and better tools and what ifs. I-ORP: This t...
by Dinosaur Dad
Tue Mar 21, 2017 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Pre-Retirement Income & Post Retirement Expenses
Replies: 15
Views: 1363

Re: Pre-Retirement Income & Post Retirement Expenses

Highly recommend you do a ground-up estimate. Everyone's different. For us, we expect to spend more on travel and going out. Some say to use something like 70-80% of your prior income, but that can be WAY off - in my case, I paid off the mortgage which is good, but I'm going to need Obamacare until ...
by Dinosaur Dad
Tue Mar 21, 2017 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Online Retirement Planner Tools
Replies: 10
Views: 1599

Online Retirement Planner Tools

Fellow Bogleheads: What is your experience with online retirement planners? So many of these seem inadequate in terms of understanding taxes, RMD impact, etc. These seem to me to be the most comprehensive: ES Planner basic New Retirement I-orp (just discovered this, seems pretty robust) Firecalc Fid...
by Dinosaur Dad
Mon Mar 20, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 3935

Re: Retirement Plan: Do it myself or use Advisor?

Dinosor Dad and NerdSaid, Can you guys please help me? I am 40 with only 1M with 401K,529,Taxable, looking for a fee only per hour advisor. I can only afford $200/hr for max 2 hours. How to find a advisor? here are questions I wrote up after reading this thread. can u guys chime in please? 0. If yo...
by Dinosaur Dad
Mon Mar 20, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 3935

Re: Retirement Plan: Do it myself or use Advisor?

You seem to be very knowledgeable and thoughtful about your finances and retirement plans. I was in a similar position a few years prior to my retirement although my net worth was considerably less than yours. I was confident of managing my finances but I felt paying a really good planner for a ret...
by Dinosaur Dad
Mon Mar 20, 2017 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 3935

Re: Retirement Plan: Do it myself or use Advisor?

Folks Dinosuar Dad, your concerns are understandable. I've described retirement as suddenly finding yourself on a tightrope with no net below! Of course it's prudent to have knowledge and confidence in what you're doing. We can answer some of your questions if you provide more specific information....
by Dinosaur Dad
Sun Mar 19, 2017 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 3935

Re: Retirement Plan: Do it myself or use Advisor?

I have thought about this. Pretty much find an advisor that you like at a price you are willing to pay. It sounds to me that you have already decided to employ an advisor whether you realize it or not. At some point, you will just have to hold your nose and dive in. Nothing is ever perfect. Even if...
by Dinosaur Dad
Sun Mar 19, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 3935

Re: Retirement Plan: Do it myself or use Advisor?

Folks Am 60 years old, $5 million portfolio, mainly index funds, some Roth, some pretax IRA, no pension. Looking to retire at 62. Have done everything myself up to this point: tax preparation, investing, rebalancing. I consider myself fairly knowledgeable, I read everything I can get my hands on (B...
by Dinosaur Dad
Fri Mar 17, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 3935

Re: Retirement Plan: Do it myself or use Advisor?

Just a few years ago I was where you are, although well below $5M. Questioning whether I could continue doing it all myself. I am now retired and continuing to manage my own finances. Here are a few things I did that made me comfortable with DIY in retirement. I thought long and hard about how much...
by Dinosaur Dad
Fri Mar 17, 2017 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 3935

Re: Retirement Plan: Do it myself or use Advisor?

You sound knowledgeable and cautious. My impression is you could do this yourself. There is no guarantee anyone you hire will do it better. Plus, tax laws, rules and regulations can change. Will you revisit any plan developed for you? How often. I, personally, would never pay an AUM fee. If you nee...