Search found 260 matches

by John Z
Mon Dec 25, 2017 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Large insurance settlement
Replies: 4
Views: 945

Re: Large insurance settlement

I only know of one large settlement and it is being paid out in an annuity-like manner, not a lump sum. Do you know what the payout details are?
by John Z
Fri Dec 22, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Strategy for month of the year to retire
Replies: 33
Views: 2512

Re: Strategy for month of the year to retire

Wife and I retired as soon as we were eligible for Medicare. Our birthdays are 2 months apart so it was easy.
by John Z
Fri Dec 22, 2017 8:46 am
Forum: Personal Finance (Not Investing)
Topic: If you live in NJ: veterans $3000 tax exemption
Replies: 1
Views: 252

Re: If you live in NJ: veterans $3000 tax exemption

Fantastic. We need all the help we can get. Thank you.
by John Z
Mon Dec 18, 2017 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance After Retirement
Replies: 13
Views: 779

Re: Term Life Insurance After Retirement

No. Retired for 5 years. 10 years prior to retirement didn't need the full coverage term we had so we reduced the insurance coverage by 50% which also lowered our premiums by the same percentage. When we retired we stopped the insurance.
by John Z
Thu Dec 14, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: ESPP - Would you participate and what's your strategy
Replies: 24
Views: 1707

Re: ESPP - Would you participate and what's your strategy

The question becomes after 6 months to sell and pocket the difference or wait another 6 months to get LTCG if in gain position. The rules for it turning the gains into LTCG are a bit more complex than that. Depending on how the plan is set up it may take 18 months after the end of 6 month purchase ...
by John Z
Tue Dec 12, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Lump Sum vs. Annuity
Replies: 41
Views: 2904

Re: Early Retirement - Lump Sum vs. Annuity

Also consider taxes, controlling them. With the pension annuity you'll have $50-$60K rolling in every year that is taxable with no way to stop it. With taking the lump sum you'll know what your tax universe is and have some room and options to maximize your income and minimize taxes.
by John Z
Tue Nov 07, 2017 8:16 pm
Forum: Investing - Theory, News & General
Topic: National Registry of Unclaimed Retirements Benefits
Replies: 3
Views: 532

Re: National Registry of Unclaimed Retirements Benefits

Has this happened to anyone? Years ago a friend went to file for SS early, 62 or 63 don't recall. He met with SS and gave them all the information they requested, Since he was still working they had to calculate how much money to withhold based on his current salary. In their research they uncovered...
by John Z
Mon Oct 30, 2017 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 9407

Re: My 401k is almost all cash now. 1/2 Mil

Welcome to the forum!

Being 48 years old and going to all cash is going to dead money. Inflation will cause you to lose the time power of compounding especially if this market continues upward for months or longer. At least consider a bond index fund where you can earn 2-4% per year.
by John Z
Fri Oct 27, 2017 8:04 am
Forum: Investing - Help with Personal Investments
Topic: RMD distribution timing
Replies: 32
Views: 2774

Re: RMD distribution timing

We take ours roughly quarterly and only have taxes withheld on the last withdrawal in the 4th quarter. We estimate our taxes then and use that to determine how much to have withheld. The IRS allows you to take your entire year's total tax withholding at the end of the year so that's what we do. We p...
by John Z
Thu Oct 26, 2017 1:46 pm
Forum: Investing - Theory, News & General
Topic: Stocks go up, bonds fall. Stock fall, bonds also fall.
Replies: 51
Views: 5712

Re: Stocks go up, bonds fall. Stock fall, bonds also fall.

I don't look at the daily price since I'm retired. I only like seeing the monthly dividends pile up in our accounts.
by John Z
Sat Sep 23, 2017 7:46 pm
Forum: Personal Consumer Issues
Topic: cataract surgery: accommodating vs multifocal lens implants
Replies: 15
Views: 1161

Re: cataract surgery: accommodating vs multifocal lens implants

Thank you for all the comments. I will be having this surgery in January and have to make these decisions so I have time to understand the different options although I'm leaning toward the regular lenses since I've worn glasses most of my life. I have a couple of minor eye issues that will still req...
by John Z
Sat Sep 02, 2017 12:52 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 18992

Re: [Are the Bogleheads] getting less interesting?

Let's settle this question once and for all: Start a survey. Oops.
by John Z
Wed Aug 23, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: At age 66, should let my $1MM life insurance policy lapse?
Replies: 32
Views: 4659

Re: At age 66, should let my $1MM life insurance policy lapse?

I was in a similar position several years ago and what I did for the last 3 years was (Northwestern term policy) reduce my coverage by half and the premiums followed so at least I had some coverage for the last 3 years. I thought this was a good way to stay covered for less money.
by John Z
Sun Aug 20, 2017 8:08 am
Forum: Personal Consumer Issues
Topic: sheets for older, thinner mattresses?
Replies: 13
Views: 1228

Re: sheets for older, thinner mattresses?

I have the same problem so partially solved it by putting on a flannel fitted sheet and then the regular sheet. The flannel helps keep the regular sheet in position. Not totally a solution but does help and minimize slipping.
by John Z
Sat Aug 19, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: Anyone Using LINE for Free Int'l Cell Phone Calls?
Replies: 2
Views: 289

Anyone Using LINE for Free Int'l Cell Phone Calls?

Free international voice and video calls.

https://line.me/en/

Would like to know how dependable it is and the quality of the connections. Also ease of set up.
by John Z
Tue Aug 15, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Withdrawal Options?
Replies: 10
Views: 1420

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: 1420

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: 1420

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: 1197

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

Vanguard's own search won't show you anything for VTBIX, but luckily Google will: https://advisors.vanguard.com/VGApp/iip/site/advisor/investments/productoverview?fundId=0635 If you go to https://investor.vanguard.com/mutual-funds/list#/mutual-funds/asset-class/month-end-returns and set the filters...
by John Z
Tue Jul 11, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on spending in retirement
Replies: 1
Views: 554

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: 7169

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: 3360

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: 2076

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: 2354

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: 5093

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: 2915

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: 4153

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: 1016

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 150 lazy portfoli...
by John Z
Sat May 13, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Changing portfolio in retirement
Replies: 7
Views: 1016

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: 127
Views: 13657

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: 4285

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 worth it to us. We still...
by John Z
Sat Apr 29, 2017 7:42 am
Forum: Personal Consumer Issues
Topic: Need a water heater recommendation
Replies: 14
Views: 1911

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: 1225

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: 1911

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: 896

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: 517

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: 7755

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: 2759

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: 2097

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: 2349

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 but they ...
by John Z
Wed Mar 15, 2017 4:16 pm
Forum: Personal Consumer Issues
Topic: Costco tire - Michelin vs Bridgestone
Replies: 20
Views: 10784

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: 1212

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: 5396

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: 679

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: 2402

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: 4107

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 needed a timing...
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: 639

Re: Vanguard Dynamic Spending Rule - AAII Jan 2017

Thank you for this info! I don't know how I missed it.