Search found 244 matches

by John Z
Tue Aug 15, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Withdrawal Options?
Replies: 10
Views: 1112

Re: Withdrawal Options?

Sorry, forgot to reply to your Inflation-Adjusted Deferred Immediate Annuities comment. These don't start paying until 20 or 30 years down the road. Sounds good but these vehicles have a serious flaw: the inflation adjustment doesn't start until payments begin. This effectively cripples the viabilit...
by John Z
Tue Aug 15, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Withdrawal Options?
Replies: 10
Views: 1112

Re: Withdrawal Options?

In looking though the TOC, there is a mention of a "Blanket of Inflation-Adjusted SPIAs". What's that? Also note, earlier, author puts "inflation-adjusted deferred immediate annuities" in a "less desirable" category. (As an aside, shouldn't that be something like "inflation adjusted deferred single...
by John Z
Sat Aug 12, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Withdrawal Options?
Replies: 10
Views: 1112

Re: Withdrawal Options?

OP, You may want to examine McClung's book, Living Off Your Money for retirement withdrawal strategies and which ones are optimal. You don't need to buy anything but go to livingoffyourmoney.com where you can view the TofC and download for free the first 3 chapters. Chapter 3 is the best chapter and...
by John Z
Fri Jul 28, 2017 9:06 am
Forum: Investing - Theory, News & General
Topic: Barron's: Vanguard’s Bossing the Bond Game
Replies: 6
Views: 1086

Re: Barron's: Vanguard’s Bossing the Bond Game

watchnerd wrote:Vanguard's own search won't show you anything for VTBIX, but luckily Google will:

https://advisors.vanguard.com/VGApp/iip ... undId=0635


If you go to

https://investor.vanguard.com/mutual-fu ... nd-returns

and set the filters for all funds and all minimums four total bond funds appear along with 291 other mutual funds.
by John Z
Tue Jul 11, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on spending in retirement
Replies: 1
Views: 509

Re: Thoughts on spending in retirement

I do exactly that: keep a running total of withdrawals @ 1% per quarter (of total IRAs) in my spreadsheet on the withdrawals tab. Don't need all the money so at least know what amounts I could withdraw when needed. A couple of times had a negative balance because of a couple large expenses but broke...
by John Z
Tue Jul 11, 2017 6:20 am
Forum: Personal Consumer Issues
Topic: anyone retire and move to a planned community in FL?
Replies: 48
Views: 6454

Re: anyone retire and move to a planned community in FL?

Wife and I have been snowbirds in the Daytona area for 5 years in a mfg home community of 500 units. We really enjoy it and even go down in Sept and Oct returning north for the holidays to take advantage of warm ocean and lack of people this time of year. We are seeing the Daytona area starting to d...
by John Z
Fri Jul 07, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: New roof suggestions.
Replies: 29
Views: 2826

Re: New roof suggestions.

Got a roof replacement in Daytona FL area. Roofers suggest the architectural because they have a higher wind resistance and less people are getting the 3 tab. I got 5 quotes and went with the lowest which was a local and well known company. Yes, lighter color is better but my insurance didn't care t...
by John Z
Mon Jul 03, 2017 1:16 pm
Forum: Investing - Theory, News & General
Topic: Using a 5y moving average to smooth withdrawals in VPW?
Replies: 21
Views: 1646

Re: Using a 5y moving average to smooth withdrawals in VPW?

As I was approaching retirement I was researching withdrawal methods and VG Managed Payout Funds hit the streets. I believe they based the withdrawal amount over the last 3 years of performance so I was leaning in that direction: Starting with 4% and then varying the percentage each year based on th...
by John Z
Fri Jun 09, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Three years into retirement… Need a good read
Replies: 12
Views: 2026

Re: Three years into retirement… Need a good read

And McClung's Living Off Your Money. You can get the first 3 chapters free download:

http://livingoffyourmoney.com/
by John Z
Thu Jun 08, 2017 9:04 am
Forum: Investing - Theory, News & General
Topic: Retirees: What are you doing about withdrawing?
Replies: 31
Views: 4408

Re: Retirees: What are you doing about withdrawing?

Hi OP, Retired 5 years this end of June. Knowing that we would have to withdraw different amounts during different years, wanted to keep a paper guideline of what we were doing to have some reference since retirement balances are constantly changing. Using a simple spreadsheet, every end of quarter ...
by John Z
Sun May 21, 2017 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Investing FOR Retirement vs Investing IN Retirement
Replies: 25
Views: 2654

Re: Investing FOR Retirement vs Investing IN Retirement

Michael McClung's Living Off your Money suggests some retirement spending paths that are noticeably different than when working and saving. Spending only from bonds is a big one, selling stocks only when they are above 110 or 120% real from retirement day value. Choosing to spend a calculated perce...
by John Z
Sun May 21, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Do you keep extra money available for investing
Replies: 37
Views: 3666

Re: Do you keep extra money available for investing

No, 100% invested always.
Hey, does this sound like another p-o-l-l
:P
by John Z
Sat May 13, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Changing portfolio in retirement
Replies: 7
Views: 891

Re: Changing portfolio in retirement

You are welcome and good reading. BTW, meant to include this web page. One of the contributors here maintains an excellent website for doctors who get taken to buy various "investment" products". His site covers many aspects of finances but you may want to scan this page. He offers 15...
by John Z
Sat May 13, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Changing portfolio in retirement
Replies: 7
Views: 891

Re: Changing portfolio in retirement

Great idea to simplify your portfolio. But I'd like to suggest downloading for free the first 3 chapters from Michael McClung's Living Off Your Money which describes about a dozen harvesting strategies and which one(s) is best. The bottom line though is that it is best to have separate stock and bon...
by John Z
Thu May 11, 2017 8:54 am
Forum: Investing - Theory, News & General
Topic: How I use I-ORP, and who shouldn't
Replies: 70
Views: 5495

Re: How I use I-ORP, and who shouldn't

I tried i-Orp a few years ago but found that their tax algorithms were simplistic and flawed. perhaps they have enhanced them since then. +1 I found also that the suggested approach was way too aggressive (like converting TIRAs to Roths within the first 2 years and a number of other odd directions....
by John Z
Tue May 09, 2017 7:23 pm
Forum: Personal Consumer Issues
Topic: 18" vs 20" Tires
Replies: 39
Views: 2726

Re: 18" vs 20" Tires

Wife and I shopped and bought a '15 Nissan Murano. Platinum (top trim) comes with the 20" wheels, SL trim and below with 18" We both could feel the ride difference. 20" were a bit harder/stiffer than the 18" plus the extra $2K (for other options also) for the Platinum wasn't wort...
by John Z
Sat Apr 29, 2017 7:42 am
Forum: Personal Consumer Issues
Topic: Need a water heater recommendation
Replies: 14
Views: 1725

Re: Need a water heater recommendation

We live in southern NH and have replaced a few water heaters over 30+ years. We get 3 quotes from quality plumbing companies and have them provide and install the water heater. Each has lasted approximately 10 years. Couple names that come to mind are State and AO Smith. Are these electric hot wate...
by John Z
Sat Apr 29, 2017 7:37 am
Forum: Personal Consumer Issues
Topic: [Southwest] Airlines Rapid Rewards Dining
Replies: 11
Views: 1058

Re: SW Airlines Rapid Rewards Dining

I assume the restaurant runs the numbers through Southwest and if your credit card matches, you get the miles. The restaurants have to have something in place with Southwest to capture the card numbers. Works for me.
by John Z
Fri Apr 28, 2017 7:18 pm
Forum: Personal Consumer Issues
Topic: Need a water heater recommendation
Replies: 14
Views: 1725

Re: Need a water heater recommendation

We live in southern NH and have replaced a few water heaters over 30+ years. We get 3 quotes from quality plumbing companies and have them provide and install the water heater. Each has lasted approximately 10 years. Couple names that come to mind are State and AO Smith.
by John Z
Fri Apr 28, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: How to transport pickup truck from orlando, Fl to new hampshire
Replies: 7
Views: 757

Re: How to transport pickup truck from orlando, Fl to new hampshire

As an aging snowbird wintering in Daytona Beach but living in southern NH, our days of driving back and forth are nearing an end to where we will want our vehicle transported. I was given this company's name from someone in our condo who uses them and I would be calling them in the future. They do n...
by John Z
Tue Apr 25, 2017 11:01 am
Forum: Investing - Theory, News & General
Topic: Question about dividends paid out by mutual funds
Replies: 3
Views: 463

Re: Question about dividends paid out by mutual funds

Because the price will drop to equal the dividend payout (not counting any daily price movement), and, now you have to declare the dividend in your income tax for the year. Best to buy after dividend payout.
by John Z
Wed Mar 29, 2017 8:58 am
Forum: Investing - Theory, News & General
Topic: What's your strategy for withdrawing funds in Retirement ?
Replies: 57
Views: 7085

Re: What's your strategy for withdrawing funds in Retirement ?

Living Off Your Money by M McClung. Search this forum for previous thread on the book. If you're an engineer (or play one on TV), this book is a great find. I am part way through the book (and still 3 years or so from retirement), but it is very thorough and the website provides an accompanying spr...
by John Z
Mon Mar 20, 2017 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard have contrarian funds ?
Replies: 25
Views: 2214

Re: Does Vanguard have contrarian funds ?

The only one I am aware of is the
Vanguard Market Neutral Fund Investor Shares
Requires min of $250K
https://personal.vanguard.com/us/funds/ ... undId=0634
by John Z
Thu Mar 16, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Hitting your number
Replies: 13
Views: 1955

Re: Hitting your number

When we hit our number we gradually went from 60/40 to 50/50 over 5 years. Why chance it? Keep what you have. When we retired we gradually went to 45/65 over 5 years to further protect our portfolio.
by John Z
Thu Mar 16, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: Looking at refurbished desktop PCs
Replies: 25
Views: 1932

Re: Looking at refurbished desktop PCs

My last 2 PCs (and I keep them a long time) I bought as "scratch, dent and open box" from computer companies and resellers. I was able to get state of the art machines (which allows me to keep them so long) for $100-200 off the selling price. You have to search and wait to find a good deal...
by John Z
Wed Mar 15, 2017 4:16 pm
Forum: Personal Consumer Issues
Topic: Costco tire - Michelin vs Bridgestone
Replies: 20
Views: 4970

Re: Costco tire - Michelin vs Bridgestone

I had those Bridgestone tires on my new 2012 Altima 3.5 and I found them to be quiet, responsive and long lasting. I planned to buy another set at 45,000 but traded the Altima at 36,000 miles and could see them lasting another 10,000. No experience with Michlen.
by John Z
Fri Mar 03, 2017 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: How to get the most out of Bogleheads
Replies: 7
Views: 1110

Re: How to get the most out of Bogleheads

For me it was in stages. About 10 years before retirement learned about lazy portfolios, found many variations, researched many along with the allocation I wanted and zeroed in on those topics. Then close to retirement focused on how to efficiently withdraw to ensure portfolio life to the end and pa...
by John Z
Thu Mar 02, 2017 3:11 pm
Forum: Personal Consumer Issues
Topic: Replace gas water heater with electric?
Replies: 40
Views: 3791

Re: Replace gas water heater with electric?

Not knowledgeable about hybrid water heaters but asking if you considered additional electrical installation costs of a 220 volt line and whether your current breaker box has room for a 220 volt line.
by John Z
Sat Feb 18, 2017 10:31 am
Forum: Investing - Theory, News & General
Topic: The Key to Vanguard High Dividend Yield ETF's Success
Replies: 1
Views: 638

Re: The Key to Vanguard High Dividend Yield ETF's Success

Thank you for this. I've had this index fund for nearly 10 years and have been very happy with its performance. It is my large value holding, about 10% before retirement down to 8% post retirement. And at first I was unhappy with the expense ratio but it has come down to a very acceptable level.
by John Z
Sat Feb 04, 2017 8:38 am
Forum: Personal Consumer Issues
Topic: Stress & The Mind/ Brain & Sleep & Behavior Modfication
Replies: 19
Views: 2160

Re: Stress & The Mind/ Brain & Sleep & Behavior Modfication

This is a guy thing but one channel that puts me to sleep and keeps me sleeping is QVC! The constant talking about any product is enough to bore me to sleep.
by John Z
Sun Jan 29, 2017 10:11 am
Forum: Personal Consumer Issues
Topic: Nissan? (Cars.)
Replies: 52
Views: 3822

Re: Nissan? (Cars.)

I used to drive 130 miles rt a day to work (35,000/yr) so I needed a reliable and cost effective vehicle. I could always get new Nissans at lower prices (at times Honda dealers used to add a "fair market value" increase on top of sticker for Hondas so no deal there whatsoever). And I neede...
by John Z
Wed Jan 25, 2017 10:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard Dynamic Spending Rule - AAII Jan 2017
Replies: 2
Views: 585

Re: Vanguard Dynamic Spending Rule - AAII Jan 2017

Thank you for this info! I don't know how I missed it.
by John Z
Tue Jan 24, 2017 4:30 pm
Forum: Personal Consumer Issues
Topic: Recommendations near Mandalay Bay Convention Center
Replies: 26
Views: 1730

Re: Recommendations near Mandalay Bay Convention Center

I haven't stayed in these two places for quite a while but they used to be reasonable. Next door is Luxor and next door to that is Excalibur.
by John Z
Wed Jan 18, 2017 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone using i-orp as a guide for withdrawals?
Replies: 22
Views: 2539

Re: Anyone using i-orp as a guide for withdrawals?

I wanted to use i-orp to help with withdrawal strategy but felt it was too drastic in what it was guiding me to do with TIRA and ROTH IRA. While searching found a much better reference: Living Off Your Money by Michael H. McClung. The entire book is written for just that, optimizing your earnings wh...
by John Z
Tue Jan 03, 2017 11:29 am
Forum: Investing - Theory, News & General
Topic: Why Mix Asset Classes in a Single Fund?
Replies: 20
Views: 1713

Re: Why Mix Asset Classes in a Single Fund?

OP, Very good question. Quick summary: I believe that for simplicity during accumulation it is probably best to use a combined fund or funds so that you have better control over asset allocation. But for retirement withdrawals, the opposite is true. You want separate securities and bond funds so you...
by John Z
Sat Dec 31, 2016 2:57 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1403
Views: 250743

Re: What are you up YTD? [Year To Date]

+6.9% 45/55 Coffeehouse retired 4.5 years.
by John Z
Wed Dec 28, 2016 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Small (accidental) indirect rollover- how to?
Replies: 3
Views: 244

Re: Small (accidental) indirect rollover- how to?

I would contact a VG rep. I had to "borrow" a large sum from my IRA for a new condo until I sold my old condo. My instructions were to enclose a check with a letter to VG indicating this was an indirect rollover from account xxxxx. You must repay the money within 60 days so don't procrasti...
by John Z
Sat Dec 24, 2016 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Vanguard Managed Payout Fund (VPGDX) vs ??
Replies: 36
Views: 4396

Re: Advice on Vanguard Managed Payout Fund (VPGDX) vs ??

I wanted to add further but not take over your post. All in one funds are great for the accumulation phase but do not work for the withdrawal phase since when you sell, you are selling both stocks and bonds and have no control over whether selling stocks or bonds is best. During retirement it is bes...
by John Z
Sat Dec 24, 2016 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Vanguard Managed Payout Fund (VPGDX) vs ??
Replies: 36
Views: 4396

Re: Advice on Vanguard Managed Payout Fund (VPGDX) vs ??

Many discussions about this fund so searching can find many opinions mostly negative. A bit difficult to give a good answer/opinion for you since you left out expense numbers, allocation desired, etc. but I'll give a couple of negatives. The expense ratio is high for what it does. On $1 million, $38...
by John Z
Tue Dec 20, 2016 8:13 am
Forum: Personal Consumer Issues
Topic: managing flight risk [travel by plane]
Replies: 30
Views: 2305

Re: managing flight risk

Here's another thought. I've worked for nearly 50 years so have interacted with many people. I can't recall one person I interacted with or knew who perished on a flight but can vividly and instantly recall at least 6-8 people (co-workers, distant family members, friends) who died in vehicle crashes.
by John Z
Mon Dec 19, 2016 9:35 am
Forum: Personal Consumer Issues
Topic: Water Heater Install $1,800!
Replies: 50
Views: 5825

Re: Water Heater Install $1,800!

Having my electric 50 gal replaced this Thursday. Got 3 quotes from the 3 most reputable companies in the area. Lowest $1500. Goes into a garden style condo with a very small water heater closet with room for only one person to put their hands in to work. All plastic piping has to be replaced includ...
by John Z
Sat Dec 17, 2016 7:48 am
Forum: Personal Consumer Issues
Topic: Thoughts on SUV for retirement.
Replies: 54
Views: 5172

Re: Thoughts on SUV for retirement.

Nissan Murano 21 city / 28 highway We drive from NH to FL and back twice a year and unless we encounter one or more major accident or construction delays we consistently get 30 mpg at a minimum. This includes a lot of "cargo" hauling household goods and clothes so we are usually loaded. It...
by John Z
Sat Dec 10, 2016 8:53 pm
Forum: Investing - Theory, News & General
Topic: How do you "value" your portfolio for SWR?
Replies: 35
Views: 2711

Re: How do you "value" your portfolio for SWR?

Sorry if this was previously mentioned. For 4.5 years of retirement, at the end of each quarter I take 1% of my retirement portfolio (either TIRA or Roth IRA to minimize taxes) so if the pot is lower, I get less, if higher, I get more. I put the proceeds either in checking to live on or my taxable T...
by John Z
Fri Dec 02, 2016 8:48 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (November 2016)
Replies: 17
Views: 2344

Re: madsinger monthly report (November 2016)

Thank you for your continued tracking of this information. Retired nearly 5 years with Coffeehouse but now modified from 60/40 to 50/50 and portfolio continues to grow even taking approx 4% per year for living expenses in addition to SS.
by John Z
Thu Dec 01, 2016 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: How do others handle their withdrawals or distributions
Replies: 17
Views: 2148

Re: How do others handle their withdrawals or distributions

An excellent book entitled Living Off Your Money by Michael McClung provides all you need to know about Income Harvesting Strategies. He examines about a dozen various and known strategies and provides backtesting data for each to show which two provide the maximum income during retirement. It is ea...
by John Z
Thu Dec 01, 2016 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: What level of wealth will get the attention of an estate attorney?
Replies: 39
Views: 6581

Re: What level of wealth will get the attention of an estate attorney?

When wife and I realized that it was time to establish an estate plan, we found a leading estate attorney in our general area who gave us an approximate cost for a straightforward trust (no divorce, step children, special needs, etc.). No talk of net worth until we got down to details and only for e...
by John Z
Fri Nov 18, 2016 8:27 pm
Forum: Investing - Theory, News & General
Topic: What does a bond bear market look like?
Replies: 91
Views: 9724

Re: What does a bond bear market look like?

Some wisdom of a retired 70 year old: You are 50/50 for a reason. Your bond share prices are going down. Have you noticed that your stock prices are going up? I'm 50/50 and Total Bond is declining but up 2.54% YTD. I am still collecting a monthly dividend of approx. 2.2 cents per share which gives m...
by John Z
Sat Nov 12, 2016 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard 20 year personal performance?
Replies: 6
Views: 998

Re: Vanguard 20 year personal performance?

I believe you can go to Morningstar and enter a custom date range:

http://www.morningstar.com/funds/xnas/vfiax/quote.html

Index 500 and I can insert any start date on performance chart.