Search found 661 matches

by Jackson12
Fri Aug 18, 2017 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional Annuity as sole fixed income component
Replies: 84
Views: 8803

Re: TIAA Traditional Annuity as sole fixed income component

Although I’ve been reading the Bogleheads forum for quite some time—and learning much in the process—this is my first time to post a question. It’s prompted by a recent exchange on the forum about where members invest the fixed income portion of their portfolios. Some members who, like me, have acc...
by Jackson12
Mon Aug 14, 2017 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Testing Our Allocations Emotionally
Replies: 26
Views: 1653

Re: Testing Our Allocations Emotionally

I thought it would be interesting to ask the Boglehead members how many folks would like to be tested via their allocations in a real bad market drop of maybe 50 to 60 percent or maybe more ? I think that`s the only way to tell if your allocation is right for you. I don`t think you can find the rig...
by Jackson12
Mon Aug 07, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: How do you deal with financial anxiety?
Replies: 40
Views: 2955

Re: How do you deal with financial anxiety?

I'll start by saying I love this forum and the members for the wealth of financial and tax information I have received from it and the great plan I have in place as a result. However, what I find a bit upsetting is the amount of financial anxiety that is often discussed on here. I think people ofte...
by Jackson12
Sun Aug 06, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: How do you calculate this? [Retirement planning based on income]
Replies: 22
Views: 2105

Re: How do you calculate this?

have you played around with the vanguard site I mentioned: https://retirementplans.vanguard.com/VGApp/pe/pubeducation/calculators/RetirementNestEggCalc.jsf <snip> Something I found interesting about this calculator. Be sure to play with the cash mix in your portfolio as well. For example: Using 25y...
by Jackson12
Sun Aug 06, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Accidentally signed up for Part B Medicare, tried to correct via Medicare and Social Security.Still got bill
Replies: 8
Views: 919

Re: Accidentally signed up for Part B Medicare, tried to correct via Medicare and Social Security.Still got bill

I hope you have an easier resolution than I did. I had a mistake and my first SSA check & Medicare deduction came a few months early, so I paid it back very soon as instructed in a letter I received from SSA shortly after receiving the check. Then they didn't pay me when they should have a few mont...
by Jackson12
Sat Aug 05, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Accidentally signed up for Part B Medicare, tried to correct via Medicare and Social Security.Still got bill
Replies: 8
Views: 919

Re: Accidentally signed up for Part B Medicare, tried to correct via Medicare and Social Security.Still got bill

Here is the link for Part B premiums: https://www.medicare.gov/your-medicare-costs/costs-at-a-glance/costs-at-glance.html#collapse-4809 In order to be over $400 in a single month, a couple who filed a joint tax return would need an income of over $428,000. So, your part B premium once you need it, ...
by Jackson12
Sat Aug 05, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Accidentally signed up for Part B Medicare, tried to correct via Medicare and Social Security.Still got bill
Replies: 8
Views: 919

Re: Accidentally signed up for Part B Medicare, tried to correct via Medicare and Social Security.Still got bill

The situation: My spouse has health insurance ( creditable) at work. We accidentally signed up for Part B online while we only were trying to verify and accept Part A coverage ( since Part A is allowed while still working full- tine at a company with an acceptable minimum number of employees and cr...
by Jackson12
Sat Aug 05, 2017 10:23 am
Forum: Personal Finance (Not Investing)
Topic: only have 401k & emergency funds. what's next?
Replies: 24
Views: 1684

Re: only have 401k & emergency funds. what's next?

A warning about when the baby comes, mainly because I made the mistakes below and regret it: Resist the temptation to buy tons of brand new and expensive toys for your baby....and in the process, rack up credit card debt again. Most of those toys, or similar ones, can be found at stores which sell "...
by Jackson12
Sat Aug 05, 2017 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Accidentally signed up for Part B Medicare, tried to correct via Medicare and Social Security.Still got bill
Replies: 8
Views: 919

Accidentally signed up for Part B Medicare, tried to correct via Medicare and Social Security.Still got bill

The situation: My spouse has health insurance ( creditable) at work. We accidentally signed up for Part B online while we only were trying to verify and accept Part A coverage ( since Part A is allowed while still working full- tine at a company with an acceptable minimum number of employees and cre...
by Jackson12
Fri Aug 04, 2017 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: How do you calculate this? [Retirement planning based on income]
Replies: 22
Views: 2105

Re: How do you calculate this?

How would you adjust the chances of running outof money if you had 37-40% equity funds ( Vanguard) and the rest in a bond fund or something similar and a 3.5 to 4% withdrawal rate? The table doesn't show that [/color] have you played around with the vanguard site I mentioned: https://retirementplan...
by Jackson12
Fri Aug 04, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: How do you calculate this? [Retirement planning based on income]
Replies: 22
Views: 2105

Re: How do you calculate this?

the 4% SWR is from studies that were done, the original was by Bill Bengen and then later on the Trinity Study. you can read more about them here: https://www.bogleheads.org/wiki/Safe_withdrawal_rates https://www.bogleheads.org/wiki/File:TrinityTable3.jpg https://www.bogleheads.org/wiki/Trinity_stu...
by Jackson12
Wed Aug 02, 2017 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21228

Re: A poll: How much money do you need to retire?

2.8 to 3 million. Age 64. Would be far less ( we're frugal) but a special needs child is the outlier that skews things and SSI and disability payments won't be enough to cut it. So a Special Needs Trust and an Able account needs funding. It's a moving target. We're better off than we'd hoped so ther...
by Jackson12
Tue Aug 01, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Plan for enough assets to get to age 70 if stocks plummet?
Replies: 14
Views: 1879

Re: Plan for enough assets to get to age 70 if stocks plummet?

We have 2 years of cash, laddered CDs, etc which could cover our basic living expenses if my spouse was forced to retire before age 70 . Also have extra funds for unexpected home expenses and new ( used) car, which would be hard to factor into our budget reliably. Spouse is 65. We're already taking...
by Jackson12
Tue Aug 01, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Plan for enough assets to get to age 70 if stocks plummet?
Replies: 14
Views: 1879

Re: Plan for enough assets to get to age 70 if stocks plummet?

....We have 2 years of cash, laddered CDs, etc which could cover our basic living expenses if my spouse was forced to retire before age 70 . Also have extra funds for unexpected home expenses and new ( used) car, which would be hard to factor into our budget reliably.... ....If overall portfolio re...
by Jackson12
Tue Aug 01, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Plan for enough assets to get to age 70 if stocks plummet?
Replies: 14
Views: 1879

Re: Plan for enough assets to get to age 70 if stocks plummet

A concern, which confuses me when calculating our future budget, is the cost of health care and the financial effects of losing the employer retirement plan. I'm not sure how to factor in the loss of health insurance since our medical coste are unpredictable and have risen over the years. There is ...
by Jackson12
Mon Jul 31, 2017 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Plan for enough assets to get to age 70 if stocks plummet?
Replies: 14
Views: 1879

Re: Plan for enough assets to get to age 70 if stocks plummet?

Author Jane Bryant Quinn has previously written about the idea for retirees to hold two years of withdrawals in cash. I think this arrangement can be extended out to a third year position using a 3 year maturity CD. Normally you would recycle this CD every three years, but if a recession has starte...
by Jackson12
Mon Jul 31, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Plan for enough assets to get to age 70 if stocks plummet?
Replies: 14
Views: 1879

Re: Plan for enough assets to get to age 70 if stocks plummet

Have you run the numbers using this analyzer for SS? It's a good one and you may be surprised at your breakeven point, maybe making taking SS early which would minimize some of your concerns. m Thanks. Taking social security early would definitely help. However, other expenses would immediately inc...
by Jackson12
Mon Jul 31, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Plan for enough assets to get to age 70 if stocks plummet?
Replies: 14
Views: 1879

Plan for enough assets to get to age 70 if stocks plummet?

We have 2 years of cash, laddered CDs, etc which could cover our basic living expenses if my spouse was forced to retire before age 70 . Also have extra funds for unexpected home expenses and new ( used) car, which would be hard to factor into our budget reliably. Spouse is 65. We're already taking ...
by Jackson12
Sun Jul 30, 2017 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Cost Basis Method
Replies: 18
Views: 1274

Re: Cost Basis Method

grabiner, thanks for sharing your experience! I sort of understand your explanation. But some posts said tax loss harvesting is not to eliminate tax but a deferred tax. What do you think? It can be both. Suppose that you are in the 25% tax bracket, buy stock for $10,000 in 2017, and sell it for $80...
by Jackson12
Sun Jul 30, 2017 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Is there a thread or wiki here on the Boglehead take on inflation, returns, and safe withdrawal rates?
Replies: 8
Views: 488

Re: Is there a thread or wiki here on the Boglehead take on inflation, returns, and safe withdrawal rates?

These parts of the linked wiki caught my attention: Retirees who desire inflation-adjusted withdrawals must anticipate a substantially reduced withdrawal rate from the initial portfolio. My question: substantially less than what starting point? I thought safe withdrawal rates took inflation into ac...
by Jackson12
Sat Jul 29, 2017 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a thread or wiki here on the Boglehead take on inflation, returns, and safe withdrawal rates?
Replies: 8
Views: 488

Re: Is there a thread or wiki here on the Boglehead take on inflation, returns, and safe withdrawal rates?

No, oddly this has never come up . I think there have been many threads that touched on various aspects of this but not sure how to find the intersection. From the wiki: m I have assumed the safe withdrawal rate includes an average inflation factor (maybe 2.5 or 3%) but haven't had the pleasure of ...
by Jackson12
Sat Jul 29, 2017 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a thread or wiki here on the Boglehead take on inflation, returns, and safe withdrawal rates?
Replies: 8
Views: 488

Is there a thread or wiki here on the Boglehead take on inflation, returns, and safe withdrawal rates?

After revisiting an older NY Times article which suggested retirees might not want to assume a 4% SWR was a given, I read updates by Kitces, Pfau, and others. Pfau in particular had questioned the 4% rate. I don't know if that is still true. A friend is a near retiree ( ne too) and has asked me abou...
by Jackson12
Sun Jul 23, 2017 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?
Replies: 13
Views: 1436

Re: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?

Thanks for further explanations. You have suggested he handle the partnership assets separately..with the aid of an advisor. But his own funds are tied up in the partnership and he has noted they are significant..so those funds are also his " own money" . Those funds are not his money and...
by Jackson12
Sat Jul 22, 2017 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?
Replies: 13
Views: 1436

Re: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help

My friend has a family partnership which is part of his portfolio and he controls all decisions about asset allocation, investments, etc ( each member has a minority ownership but no decision making powers). But the potential manager said he was unable to advise my friend about allocations for the ...
by Jackson12
Sat Jul 22, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Restricted SS Spousal benifit
Replies: 10
Views: 1122

Re: Restricted SS Spousal benifit

I know this has been gone over many times but I seem to still have a nagging question as to it being an option or not for my wife and I. Situation- Wife has clamed benefit on her record at FRA of 66 (born 1947) and has received It for a few years now- Myself- born 1950 FRA last year, was delaying S...
by Jackson12
Sat Jul 22, 2017 8:08 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?
Replies: 13
Views: 1436

Re: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?

Also, vecaise the partnership is the type which has an EIN, it doesn't even show up on his page with his other assets and has a whole different password,etc. He has to manually enter the partnership assets as " outside investments" on hthr Vanguard page which shows the rest of his assets ...
by Jackson12
Sat Jul 22, 2017 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?
Replies: 13
Views: 1436

Re: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?

I can see the two Trusts for which I'm trustee (which each have separate EINs) on my Vanguard summary page, and can include them in Vanguard's portfolio evaluation tools. Of course both of these Trusts have all their assets at Vanguard. Can your friend have his partnership transfer its assets to Va...
by Jackson12
Fri Jul 21, 2017 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?
Replies: 13
Views: 1436

Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?

My friend has a family partnership which is part of his portfolio and he controls all decisions about asset allocation, investments, etc ( each member has a minority ownership but no decision making powers). He recently left his Aum and is new to managing his Vanguard portfolio. Although he planned ...
by Jackson12
Mon Jul 17, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Need clarification after reading Boglehead page on reinvesting taxable dividends or not
Replies: 10
Views: 836

Re: Need clarification after reading Boglehead page on reinvesting taxable dividends or not

I'm the Op. Thanks for all the responses. Plenty of food for thought and I greatly appreciate the input.
by Jackson12
Mon Jul 17, 2017 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Recent article - Medicaid and other long- term care options
Replies: 6
Views: 701

Recent article - Medicaid and other long- term care options

I debated ( with myself) about whether the article below veered into the political descussion realm and then decided it did not - assuming the replies here focus not on politics but on the statistics noted in the article and how they relate to how people here are planning for long-term care. The art...
by Jackson12
Mon Jul 17, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Need clarification after reading Boglehead page on reinvesting taxable dividends or not
Replies: 10
Views: 836

Re: Need clarification after reading Boglehead page on reinvesting taxable dividends or no

There is no real rule on what to do with dividends. One factor in taxable is if you automatically reinvest, you will end up with many small tax lots which can be annoying. Another factor is as you mention, you'd rather not generate taxes in order to rebalance. What I do is send dividends in taxable...
by Jackson12
Mon Jul 17, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA traditional - what is it?
Replies: 17
Views: 1236

Re: TIAA traditional - what is it?

Coming late to this discussion but some institutions have discontinued the former version of TIAA Traditonal and have transitioned to TIAA Retirement Choice. While all Tradiitional contributions will be honored with the same terms and guarantees as before, all new contributions will go only into Ret...
by Jackson12
Mon Jul 17, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Need clarification after reading Boglehead page on reinvesting taxable dividends or not
Replies: 10
Views: 836

Need clarification after reading Boglehead page on reinvesting taxable dividends or not

I read the Bogleheads page here: m and still have so e confusion and need some clarification. Here is our situation: 1. We have 3 main accounts at Vanguard In addition to some much smaller Roth accounts which we have no Interest in rebalancing as they are retirement accounts on a " set it and f...
by Jackson12
Sat Jul 15, 2017 8:34 am
Forum: Investing - Theory, News & General
Topic: How to use Vanguard Portfolio Watch for rebalancing
Replies: 91
Views: 40529

Re: How to use Vanguard Portfolio Watch for rebalancing

I've been using Portfolio Watch and the Portfolio Tester to check my entire portfolio's desired allocations in stocks, bonds etc. With a basic 3 fund portfolio at Vanguard- plus retirement and some others assets elsewhere CDs, etc), I can list everything in the portfolio watch and tester pages ( sin...
by Jackson12
Mon Jul 10, 2017 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation? Confused. Retirement portfolio for near retirees
Replies: 6
Views: 930

Re: Asset allocation? Confused. Retirement portfolio for near retirees

Desired asset allocation:....is this way off base? : 57 to 60% bonds, 37 to 40 % equities ( 25% US stock, 15 % international), 5% cash. 3 fund portfolio. We are not including our home as part of our portfolio. This allocation is not set in stone by any means. Does it seem reasonable? That's correct...
by Jackson12
Mon Jul 10, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation? Confused. Retirement portfolio for near retirees
Replies: 6
Views: 930

Re: Asset allocation? Confused. Retirement portfolio for near retirees

I'm not going to touch all of your questions, mostly a few comments related to tax-efficiency. Thank you. I'm grateful to have feedback on any of the questions, including the important tax efficiency aspect of our portfolio . I know I threw out many questions, probably way way too many. Do you have...
by Jackson12
Mon Jul 10, 2017 6:58 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation? Confused. Retirement portfolio for near retirees
Replies: 6
Views: 930

Re: Need help tweaking current retirement portfolio for near retirees

It was late when I posted and I was dazed after running numbers and I left out fund names. :oops: They're there now. Did I Leave out anything else vital? Allocating the cash portion properly is where I get especially confused.
by Jackson12
Mon Jul 10, 2017 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Special Needs Trust - what should a trustee not do?
Replies: 20
Views: 1525

Re: Special Needs Trust - what should a trustee not do?

My sister and her husband are setting up a Special Needs Trust for their daughter who is 18 years old. She is on SSI and Medicaid, I believe. I was reading that the trustees (who will be the parents initially) have to be careful not to act in a way with the trust that would jeopardize her governmen...
by Jackson12
Sun Jul 09, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation? Confused. Retirement portfolio for near retirees
Replies: 6
Views: 930

Asset allocation? Confused. Retirement portfolio for near retirees

I'm going to follow the Asking Portfolio Questions format below and then ask our questions after that. I'm new to the Bogleheads way of investing and allocating funds. I'm in a steep learning curve ( or it feels that way) . A worry in our plans is a disabled adult child with unpredictable medical ne...
by Jackson12
Sun Jul 09, 2017 6:41 am
Forum: Personal Finance (Not Investing)
Topic: How much of an increase of salary would you expect before switching jobs?
Replies: 94
Views: 6659

Re: How much of an increase of salary would you expect before switching jobs?

I was recently offered a job by a company that I have interviewed with. Everything went well and the people seem professional. They extended me an offer. When adding the additional compensation and retirement benefits (they match more than my current employer), I would be looking at approximately a...
by Jackson12
Fri Jul 07, 2017 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 10099

Re: Long term care insurance - is it worth it?

Read this horrifying story in the New York Times today: m Then think about what the proposed changes to Medicaid in the healthcare legislation pending before Congress might mean for all of us. Even people like the woman in the story who worked hard, planned, saved, bought insurance, and had sophist...
by Jackson12
Thu Jul 06, 2017 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: What are your health insurance stats?
Replies: 89
Views: 5301

Re: What are your health insurance stats?

The second thing concerned Medicare. Because my husband is still employed, he automatically qualifies for Medicare, Part B, at no cost and I will qualify under his insurance plan as well. But I because I didn't know if this automatically falls into place when he reaches age 75 or if we had to offic...
by Jackson12
Thu Jul 06, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: What are your health insurance stats?
Replies: 89
Views: 5301

Re: What are your health insurance stats?

I'm assuming most here are savvy about how to research health care options, ru. The numbers and compare employer health insurance options, understand the enrollment periods and options for Medicare, Medigap, etc. Bit all this can be so complex that I talk to friends who are overwhelmed or are blinds...
by Jackson12
Thu Jul 06, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 10099

Re: Long term care insurance - is it worth it?

I'd say LTC insurance is worth it if you don't have enough money when you retire money to self-insure against an average long term care stay. I think the average cost of long term care is about $250k or so. So, if you are retiring with $3 million, you have self-insured against the typical LTC costs...
by Jackson12
Thu Jul 06, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 10099

Re: Long term care insurance - is it worth it?

There is a big misconception in the post quoted below and several others in this thread. LTC policies do not cover tail risk. They just don't. It is not part of their design anymore and hasn't been for a very long time. Each situation is different, I would compare LTC insurance to owning life insur...
by Jackson12
Thu Jul 06, 2017 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 10099

Re: Long term care insurance - is it worth it?

Even if the actuaries perfectly understood the risks they would need to charge a lot more for a policy when interest rates are so low. Exactly. Also annual inflation was about 50% higher when I purchased my LTC policy. For not too much more than a fixed benefit, my inflation rider applies a 5% annu...
by Jackson12
Thu Jul 06, 2017 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 10099

Re: Long term care insurance - is it worth it?

Two things to consider: 1. At least know the limits of your state's guaranty coverage , which would come into play if your insurance carrier goes under- - as Penn Treaty recently did. Most states cover $300,000 in benefits. Two states cover only $100,000, including Oregon. I think Missouri is the ot...
by Jackson12
Thu Jul 06, 2017 8:44 am
Forum: Personal Finance (Not Investing)
Topic: What are your health insurance stats?
Replies: 89
Views: 5301

Re: What are your health insurance stats?

Will this be significantly lower at Medicare age? Or? I'm trying to calculate those expenses as we near 65, etc ^Depends. Depends on what the greater Public tells our elected legislators . We're treading carefully here . Will this be significantly lower at Medicare age? Or? I'm trying to calculate ...
by Jackson12
Wed Jul 05, 2017 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: What are your health insurance stats?
Replies: 89
Views: 5301

Re: What are your health insurance stats?

This will be all over the map as it depends on your zip code and your company, and of course employment. I pay $2008 a month as a retiree at age 62 for me and the wife for a 7k deductable non hsa plan. Will this be significantly lower at Medicare age? Or? I'm trying to calculate those expenses as w...