Search found 3618 matches

by Dottie57
Tue Jul 17, 2018 4:26 pm
Forum: Personal Consumer Issues
Topic: Excel Spread sheets -mac or. Windows?
Replies: 7
Views: 264

Re: Excel Spread sheets -mac or. Windows?

PoppyA wrote:
Tue Jul 17, 2018 3:37 pm
What is Bigfoot?
A member of this forum who created a very nice retirement spreadsheet
by Dottie57
Tue Jul 17, 2018 1:37 pm
Forum: Personal Consumer Issues
Topic: Excel Spread sheets -mac or. Windows?
Replies: 7
Views: 264

Excel Spread sheets -mac or. Windows?

I would like to run some spreatsheets created on Windows. Excel. I have a macbook air with latest version of mac sx version of Excel. There are excel spreadsheets available (Bigfoot). i would like to run for retiremt planning. I never needed Excelfor my work, so never learned it And mac Excel is not...
by Dottie57
Tue Jul 17, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: iBonds within a revocable trust
Replies: 6
Views: 250

Re: iBonds within a revocable trust

Can I buy I-bonds within a revocable living trust? If so, do I need tax I’d separate from my SS number? Hints on how to get the tax I’d would be great. Yes, you can buy I bonds within your RLT. The TIN for your RLT can be your own SSN. You can also transfer bonds you currently own in your name to t...
by Dottie57
Tue Jul 17, 2018 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: iBonds within a revocable trust
Replies: 6
Views: 250

Re: iBonds within a revocable trust

Whakamole wrote:
Tue Jul 17, 2018 12:19 pm
You absolutely can. You can even transfer bonds held individually into the trust.

https://www.treasurydirect.gov/indiv/to ... trusts.htm
Thanks. I thought a trust could purchase and hold the i ibonds!
by Dottie57
Tue Jul 17, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help me analyze this real estate sale
Replies: 15
Views: 889

Re: Help me analyze this real estate sale

I would sell. I like cash in hand.
by Dottie57
Tue Jul 17, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: iBonds within a revocable trust
Replies: 6
Views: 250

iBonds within a revocable trust

Can I buy I-bonds within a revocable living trust? If so, do I need tax I’d separate from my SS number? Hints on how to get the tax I’d would be great.
by Dottie57
Tue Jul 17, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: A different take on retirement income: time segmentation
Replies: 78
Views: 4449

Re: A different take on retirement income: time segmentation

Married couples would get higher income in retirement from SPIAs if each bought a single life SPIA for $500,000 rather than buying a joint life SPIA for $1M. This also helps solve that nasty problem after the death of the first spouse where the survivor has excess income in a higher tax bracket. Th...
by Dottie57
Tue Jul 17, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Hiring Parents as Household Employee
Replies: 1
Views: 458

Re: Hiring Parents as Household Employee

Hello all, I am planning to hire one of my parents for household help and came across this past post while doing research - https://www.bogleheads.org/forum/viewtopic.php?t=158059#p2371453. I also reviewed following IRS documents - https://www.irs.gov/pub/irs-pdf/p926.pdf and https://www.irs.gov/ta...
by Dottie57
Mon Jul 16, 2018 6:41 pm
Forum: Investing - Theory, News & General
Topic: A different take on retirement income: time segmentation
Replies: 78
Views: 4449

Re: A different take on retirement income: time segmentation

Married couples would get higher income in retirement from SPIAs if each bought a single life SPIA for $500,000 rather than buying a joint life SPIA for $1M. This also helps solve that nasty problem after the death of the first spouse where the survivor has excess income in a higher tax bracket. Th...
by Dottie57
Mon Jul 16, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 37
Views: 2236

Re: How much furniture spending is ok?

Whatever will make your wife happy, within reason. Some day I will read bogleheads, and not see any posts that assume women's happiness depends on their husbands spending money on stuff. Every time I see one of these posts, I have a mental picture of a husband breadwinner and a trophy, grasping wif...
by Dottie57
Mon Jul 16, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Class Reunion Fund: How to Hold and Where to Invest?
Replies: 14
Views: 707

Re: Class Reunion Fund: How to Hold and Where to Invest?

High rate cd. Don’t lose money you do not personally own.
by Dottie57
Mon Jul 16, 2018 3:03 pm
Forum: Investing - Theory, News & General
Topic: A different take on retirement income: time segmentation
Replies: 78
Views: 4449

Re: A different take on retirement income: time segmentation

I divy my portfolio by pre-SS and receiving SS. SS will cover most basic needs at age 70. So portfolio at that time should be 90% for non essential spending.

Between 62 and 70 , I need to fund all expenses from portfolio. Asset allocation is 50/50.
by Dottie57
Mon Jul 16, 2018 11:02 am
Forum: Personal Consumer Issues
Topic: Why own a bed?
Replies: 112
Views: 6523

Re: Why own a bed?

Are there any good reasons to own a bed? Why not just sleep on a mattress on the floor (I think the Japanese do that?) instead of paying hundreds or thousands of dollars to sleep a few feet off the ground? Getting older - it is harder to get up from the floor. And easier to make up your bed. If I h...
by Dottie57
Mon Jul 16, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Bored
Replies: 25
Views: 3022

Re: Bored

I learn something from this forum almost every day. You certainly don’t want to assume that your finances are all set for a few decades just becuase you know so much more now than you did a year or two ago. Think of it like the continuing education that is required of physicians, CPAs, etc. There i...
by Dottie57
Mon Jul 16, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Monte Carlo simulator
Replies: 3
Views: 293

Re: Monte Carlo simulator

FBN2014 wrote:
Mon Jul 16, 2018 9:57 am
Does anyone know of a free Monte Carlo simulator where you can enter different portfolio allocations of various index funds or ETFs to see the probability of the portfolio lasting to various ages with varying withdrawal percentages?
Firecalc.com
by Dottie57
Mon Jul 16, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 54
Views: 3067

Re: $540 a month on food for graduate student budget too much?

You can definitely cut that down by cooking yourself. For example, you mention chipotle burritos. You can make your own burrito bowls by cooking up rice, beans, and meat yourself. A couple dollars for a pound of dry rice, a couple dollars for a pound of dry beans (or a few dollars for a couple cans...
by Dottie57
Mon Jul 16, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Math help: 401k vs debt payoff formula
Replies: 17
Views: 1278

Re: Math help: 401k vs debt payoff formula

Also, paying off debt vs contibuting tp 401k is not a binary situation. You can do 50/50 or 60/40 or some other ratio.

I would not concentrate on mortgage payment in lieu of 401k contributions. But would suggest really trying to pay more on student loans.
by Dottie57
Mon Jul 16, 2018 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity PAS - starting the process to extricate
Replies: 9
Views: 809

Re: Fidelity PAS - starting the process to extricate

If you can indeed talk her intp Vanguard, maybe a Life Strategy is just the ticket. No management of funds at all! No worry about whether you know what you are doing. Made up of index funds. You can select 1 of 4. Actually you can select more than one and get 50/50 if you want. Show her some charts ...
by Dottie57
Mon Jul 16, 2018 9:17 am
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 55
Views: 2149

Re: Have you ever purchased a pricy musical instrument?

I wouldn’t look at it as an investment. The money is an investment in YOU. If you can easily afford it, go ahead and get it. I just bought 2 chairs and a side table for m patio. Price was $500.00. Lotta money for somerhing I use r months of the year, but I love it.
by Dottie57
Mon Jul 16, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: Is rebalancing an advantage when holding a 3 fund portfolio instead of 2 or 1 fund portfolio?
Replies: 17
Views: 771

Re: Is rebalancing an advantage when holding a 3 fund portfolio instead of 2 or 1 fund portfolio?

No, I thought forums were designed for people to ask questions and communicate. Indeed they are. But some here, including me, would prefer to spend our time helping those who spend at least a little bit of time helping themselves by researching the vast resources of this forum. Those resources incl...
by Dottie57
Sun Jul 15, 2018 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: Realizing 85% of 401k contribution going to bonds
Replies: 18
Views: 1709

Re: Realizing 85% of 401k contribution going to bonds

I have 80/20 asset allocation and I’m fortunate enough to max 401k, HSA, Roth IRAs for me and wife and contribute to taxable. I just realized that based on my total yearly contributions, in order to contribute 20% to bonds I’m putting up to 85% of my 401k contribution toward bonds (this includes em...
by Dottie57
Sun Jul 15, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: Kitchen Remodel
Replies: 23
Views: 1692

Re: Kitchen Remodel

7. Cabinetry with rolling shelves and other features to save the "back" is worth a million ice packs. 8. The corners of a range hood or cooktop hood should never ever be below the tallest person in the house. :shock: 7. What is a rolling shelf? It's a flat drawer behind a door. Just get drawers in ...
by Dottie57
Sun Jul 15, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: need help pls
Replies: 19
Views: 1026

Re: need help pls

Hello, I just discovered this website yesterday via google heres my situation: i am 40 y/o with 45k/year income, no debts as in nothing but i do not have any savings/retirement/investments etc.. I messed up my life but right now im back on track and I just realized that its kinda late for me to sav...
by Dottie57
Sun Jul 15, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Should we sell our business?
Replies: 58
Views: 4355

Re: Should we sell our business?

I tend to agree with Rick that $2M sounds optimistic if you just had bankers say it's worth $900K. Do you have any indication that the buyer would pay $2M? I think the concept of "enough" is important here too. More money is nice, but when you have enough, you have enough, right? Wow this is moral ...
by Dottie57
Sun Jul 15, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Should we sell our business?
Replies: 58
Views: 4355

Re: Should we sell our business?

riverguy wrote:
Sun Jul 15, 2018 12:11 pm
Paying 7x cashflow for a small business would be pretty crazy.
I think so too.
by Dottie57
Sun Jul 15, 2018 10:37 am
Forum: Investing - Theory, News & General
Topic: Has the range of expected stock market returns ever been larger than today?
Replies: 15
Views: 1359

Re: Has the range of expected stock market returns ever been larger than today?

Some perspective on future returns out to 20 or 30 years might help those of us who are still 20+ years from retirement. In my opinion this is not a productive exercise. Do you really want to change your savings habits if you think the real return is 4% vs 2%? My personal approach was to create a s...
by Dottie57
Sun Jul 15, 2018 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Cash out 401K
Replies: 15
Views: 1808

Re: Cash out 401K

Converting it to a Roth would cost no more in taxes than taking it all as cash. I am not sure the rules, if a conversion would mean you can't withdraw it for a while that could of course be a deal breaker. If you do not want to do the Roth, you could put it all into a Rollover IRA. Then you can wit...
by Dottie57
Sun Jul 15, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Need to generate income
Replies: 27
Views: 2426

Re: Need to generate income

canada65 wrote:
Sun Jul 15, 2018 8:11 am
I have looked into immediate annuity. At my age I’d have to give them my entire portfolio to receive around 600 a month. I’m not sure that is a good idea but I’m willing to check it out again
I just ran immediateannuities.com and came up with 900 a month.
by Dottie57
Sun Jul 15, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Need to generate income
Replies: 27
Views: 2426

Re: Need to generate income

Youngblood wrote:
Sun Jul 15, 2018 8:03 am
Gill wrote:
Sun Jul 15, 2018 7:55 am
I would rethink your aversion to an SPIA for at least part of your portfolio.
Gill
I agree with the above suggestion.


+1
+1
by Dottie57
Sun Jul 15, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: FireCalc: How big a grain of salt?
Replies: 55
Views: 3839

Re: FireCalc: How big a grain of salt?

Pajamas wrote:
Sun Jul 15, 2018 9:24 am
“Past performance does not guarantee future results.”
Granted. However I do feel good about having 100% success with with a decent spend in firecalc. I-orp.com is much mor optimistic.
by Dottie57
Sun Jul 15, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 46
Views: 3405

Re: How often do you buy a primary residence?

Background - I live in MCOL with a LOT of development in the area and we bought a new house (primary residence) in a new neighborhood in 2015 which satisfies all of our needs. We did a lot of searching before buying and found the following - even if the 10yrs old house is really good the price is s...
by Dottie57
Sun Jul 15, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 109
Views: 8945

Re: Early retirement

I am entitled to my opinion, just as you yours. 55 is up there ... means you've been working for almost 40 years. I started my first job at 16. Its not only military. State and government workers can do the same. So can those who focus on investments which produce cash flow. On this forum, 55 may b...
by Dottie57
Sun Jul 15, 2018 6:53 am
Forum: Investing - Help with Personal Investments
Topic: Should I simplify my portfolio and switch from 3 fund to 2 fund portfolio?
Replies: 45
Views: 1984

Re: Should I simplify my portfolio and switch from 3 fund to 2 fund portfolio?

So right now I have about 60% VTI (US stock index) 30% VXUS (non-US stock index) 10% BND (US bond index) I'm thinking maybe I could make my stock portfolio even more simple and get rid of 30% VXUS and switch it to 90% VTI and 10% BND. Why? Because American companies still have their income coming f...
by Dottie57
Sun Jul 15, 2018 6:37 am
Forum: Investing - Help with Personal Investments
Topic: Helping parent invest small windfall near retirement
Replies: 14
Views: 1024

Re: Helping parent invest small windfall near retirement

Do you have any idea of mom’s expenses? Working until 70 full time would be best. Social security benefits will continue to increase until then. More time to save.

I know it is a stretch, but if she could save 24k in a 401k And 6.5 k in a Roth. Really working at saving would really help.
by Dottie57
Sun Jul 15, 2018 6:11 am
Forum: Personal Finance (Not Investing)
Topic: Cash out 401K
Replies: 15
Views: 1808

Re: Cash out 401K

I retire in six months after 31 years of work and have a modest 401K. Since the market is pretty high at the moment I would like to cash out the 401K(less tax and projected income tax) to a 2% savings account to protect the capital in the event of a coming market correction. I'm 63 and plan to live...
by Dottie57
Sat Jul 14, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: massive Roth conversion
Replies: 39
Views: 3083

Re: massive Roth conversion

From my perspective the older you are the less valuable Roth conversions become because you have fewer years to take advantage of the tax-free gains (assuming the conversion is not for estate purposes to potentially pass the Roth proceeds to someone in a higher tax bracket). Another "Less bang for ...
by Dottie57
Sat Jul 14, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 135
Views: 8220

Re: Why is leveraging property good but leveraging stocks bad?

Real estate is a lousy investment if you buy too much home. I don’t Really think of it as an investment.

I love owning my home. Hated renting.
by Dottie57
Sat Jul 14, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6481

Re: Dave Ramsey made me laugh today

Dave Ramsey has real life experience with debt in the real estate business. The President was into the banks for enough that he owned the banks. Dave was like most of us and the banks owned him and put him out of business. When he talks about debt, he talks from experience and from the heart. I gue...
by Dottie57
Sat Jul 14, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 135
Views: 8220

Re: Why is leveraging property good but leveraging stocks bad?

A mortgage for a home is backed by the property itself. What is a margin loan backed by? I would think it isn’t the stock itself, but your financial accounts. So you can’t pay the loan for the house? You lose the house, but not your money (at least in a non-recourse state). A margin loan is called a...
by Dottie57
Sat Jul 14, 2018 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Received $1m windfall with additional upside; looking for feedback on plan to hedge against market correction
Replies: 36
Views: 5286

Re: Received $1m windfall with additional upside; looking for feedback on plan to hedge against market correction

The 35 basis points is the expense ratio for the fund. The AUM is in addition to the expense ratio. Confirm what the advisors fee is for helping you manage your money. Carefully read any document you are asked to sign.
by Dottie57
Sat Jul 14, 2018 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Inherited retirement account
Replies: 12
Views: 1482

Re: Inherited retirement account

My father recently passed away, bequeathing his retirement account and all other assets to his spouse, my mother. She now has to decide whether to have my father's remaining retirement account assets rolled into her own account, into a new inherited IRA, or to disclaim the inheritance and pass it o...
by Dottie57
Sat Jul 14, 2018 7:21 am
Forum: Investing - Theory, News & General
Topic: Historical U.S. Portfolio Disasters — Wrapping It All Up
Replies: 32
Views: 2358

Re: Historical U.S. Portfolio Disasters — Wrapping It All Up

Great graphic. As you and others know U.S. TIPS have only been marketed since 1997 so we can only guess what they SHOULD do in those time periods and not what they DID do. The real question I continue to ponder in these discussions and analysis are how does this information make a difference in any...
by Dottie57
Sat Jul 14, 2018 6:33 am
Forum: Investing - Theory, News & General
Topic: Historical U.S. Portfolio Disasters — Wrapping It All Up
Replies: 32
Views: 2358

Re: Historical U.S. Portfolio Disasters — Wrapping It All Up

Great graphic. As you and others know U.S. TIPS have only been marketed since 1997 so we can only guess what they SHOULD do in those time periods and not what they DID do. The real question I continue to ponder in these discussions and analysis are how does this information make a difference in any...
by Dottie57
Sat Jul 14, 2018 6:18 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 109
Views: 8945

Re: Early retirement

Even at 61 I have been told I am young to retire. However, friends have been happy for me -so am lucky.

No one asks me for money ( beyond normal nuisance calls).
by Dottie57
Fri Jul 13, 2018 10:42 pm
Forum: Personal Consumer Issues
Topic: are mccormick gourmet spices better
Replies: 31
Views: 2054

Re: are mccormick gourmet spices better

daveydoo wrote:
Fri Jul 13, 2018 10:16 pm
Dottie57 wrote:
Fri Jul 13, 2018 9:54 pm
...Search for Penzy’s Spices...
+1. We get everything there. Except the giant cinnamon at Costco.
Try the Vietnamese cinnamon sometime. I really like it.
by Dottie57
Fri Jul 13, 2018 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help - particularly with dilemma of Roth conversion
Replies: 8
Views: 945

Re: Portfolio help - particularly with dilemma of Roth conversion

Fishing50 wrote:
Fri Jul 13, 2018 12:47 am
Do the Roth conversion, 24% tax bracket is a bagain with your expected income.
+1
by Dottie57
Fri Jul 13, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: are mccormick gourmet spices better
Replies: 31
Views: 2054

Re: are mccormick gourmet spices better

hello, are mccormick gourmet spices better than the regular mccormick spices? how about compare with simply organic? or 365 brand? i enjoy finding good spices to cook. but i am also curious why mccormick stock has gone up so much recently. thanks. Order online . Search for Penzy’s Spices. Wonderful...
by Dottie57
Fri Jul 13, 2018 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Self Employed 48years old and nothing saved for retirement
Replies: 40
Views: 4684

Re: Self Employed 48years old and nothing saved for retirement

I am also very new to investing. So am not clear as to what plan I should have in place once I have knocked out my debt. I am a sol proprietor of my business and work in a very seasonal and expensive town so my income is always very different. I am concerned about the seasonal aspect of your income...
by Dottie57
Fri Jul 13, 2018 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Project - Where to park cashback rewards to accumulate and grow?
Replies: 13
Views: 1008

Re: Project - Where to park cashback rewards to accumulate and grow?

bytendog wrote:
Fri Jul 13, 2018 2:55 pm
I do the same. Total stock market fund in a taxable account.
+1
by Dottie57
Fri Jul 13, 2018 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Self Employed 48years old and nothing saved for retirement
Replies: 40
Views: 4684

Re: Self Employed 48years old and nothing saved for retirement

I am also very new to investing. So am not clear as to what plan I should have in place once I have knocked out my debt. I am a sol proprietor of my business and work in a very seasonal and expensive town so my income is always very different. I am concerned about the seasonal aspect of your income...