Search found 19 matches

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: 47
Views: 2464

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: 47
Views: 2464

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: 522

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: 1239

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: 911

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: 1239

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: 2956

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: 2956

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: 2956

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: 2956

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: 2956

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: 2956

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: 2956

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...
by Dinosaur Dad
Fri Mar 17, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 2956

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

What would your required annual dollar withdrawal be? I hope to have your problem in 35 years. I like to think I'd be able to make $5M last a lifetime and still grow fairly safely, but sometimes my tastes do get expensive... aha...I'm sure you see other posts here about the value of "staying t...
by Dinosaur Dad
Fri Mar 17, 2017 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 2956

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

A one time fee only consultation should be enough to make sure you are on the right track. I would not enter into an aum fee arrangement, even if it was the low 0.3% that vanguard charges. Wci has a list of things to look for in an fa. http://whitecoatinvestor.com/the-perfect-financial-advisor/ tha...
by Dinosaur Dad
Fri Mar 17, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan: Do it myself or use Advisor?
Replies: 41
Views: 2956

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 (Bo...
by Dinosaur Dad
Wed Feb 22, 2017 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard versus Dimensional
Replies: 22
Views: 2178

Vanguard versus Dimensional

Folks First a sincere thank you on behalf of "learners" everywhere. I thank God for Mr. Bogle and that I found his principles along the way. I hope to retire in January 2018 at age 61 and 1/2. Have done my own investing always, mainly via Vanguard. Have done reasonably well, understand div...

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