Search found 277 matches

by Prudence
Tue Dec 12, 2017 5:47 pm
Forum: Investing - Theory, News & General
Topic: Does any indicator not predict a 2000/2007'ish crash?
Replies: 47
Views: 2467

Re: Does any indicator not predict a 2000/2007'ish crash?

I did a bunch of analysis to see if I should go into SSO (pays 2x S&P500 return) and decided to not only stay out, but to move all my funds into at worst (riskiest) high yield bond funds (which offer a good share of the upside of the equity markets, with less downside. Specifically, they recover fr...
by Prudence
Mon Dec 11, 2017 8:50 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1934
Views: 1187135

Re: The Three-Fund Portfolio

Taylor, over the years, in your three fund portfolio, have you adjusted your stock/bond allocation using some rule of thumb such as age in bonds? Thanks, Jim Jim: The money I cannot afford to lose is in diversified, reasonably safe, Vanguard Total Bond Market Index Fund and cash in the bank. My exa...
by Prudence
Sun Dec 10, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1934
Views: 1187135

Re: The Three-Fund Portfolio

Taylor, over the years, in your three fund portfolio, have you adjusted your stock/bond allocation using some rule of thumb such as age in bonds?
Thanks,
Jim
by Prudence
Fri Dec 08, 2017 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Question about IRMAA and first couple years of retirement
Replies: 17
Views: 1683

Re: Question about IRMAA and first couple years of retirement

Anybody have an idea how/if this works if you're self-employed? Thanks. Very similar. You start with your AGI at the bottom of front page of form 1040 and then add any tax exempt interest to it to get your MAGI. Then see where you are on the IRMAA table... Thanks, I understand the MAGI part. My que...
by Prudence
Tue Dec 05, 2017 11:00 pm
Forum: Investing - Theory, News & General
Topic: Any reason not to rollover 403b to IRA?
Replies: 6
Views: 811

Re: Any reason not to rollover 403b to IRA?

In trying to simplify my 94 year old father-in-law's finances/portfolio, I've just become aware of the ability to rollover a 403b plan to IRA. Details are that his first wife, (my wife's mother), was involved in the school system many years ago and had accrued a 403b retirement account at Valic. Sh...
by Prudence
Tue Dec 05, 2017 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Question about IRMAA and first couple years of retirement
Replies: 17
Views: 1683

Re: Question about IRMAA and first couple years of retirement

cresive wrote:
Tue Dec 05, 2017 11:21 am
I figured there must be some way around the issue. Thanks!!
The form is SSA-44 Medicare Income-Related Monthly Adjustment Amount-Life Changing Event. And, SSA asks you to provide evidence of the work stoppage or other life changing event with the form.
by Prudence
Tue Dec 05, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA / 401K Required Mandatory Distributions
Replies: 6
Views: 417

Re: Traditional IRA / 401K Required Mandatory Distributions

I took my RMDs (traditional IRA and 401K) back in February and asked VG, Fidelity and my banks and credit unions to withhold about 20% for federal and state income taxes. So, for example, I withdrew $10,000 (just the minimum required) from one account and had $2,000 of that withheld. I took the $2,...
by Prudence
Tue Dec 05, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Question about IRMAA and first couple years of retirement
Replies: 17
Views: 1683

Re: Question about IRMAA and first couple years of retirement

Hello all, I have a fundamental question about the Income-Related Monthly Adjusted Amount calculation and retirement. From what I have read, IRMAA is calculated using a two-year old tax return--i.e. my 2017 IRMAA would be calculated using my 2015 tax return. I had always thought it was a three year...
by Prudence
Tue Dec 05, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA / 401K Required Mandatory Distributions
Replies: 6
Views: 417

Re: Traditional IRA / 401K Required Mandatory Distributions

Earlier this year, I processed my first RMDs. At the time, I had funds withheld for the estimated federal and state taxes (that apply to these RMDs). I didn't give this much thought, frankly. In the RMDs I do in the future, would it be better not to have funds withheld and pay the taxes when due ou...
by Prudence
Mon Dec 04, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA / 401K Required Mandatory Distributions
Replies: 6
Views: 417

Traditional IRA / 401K Required Mandatory Distributions

Earlier this year, I processed my first RMDs. At the time, I had funds withheld for the estimated federal and state taxes (that apply to these RMDs). I didn't give this much thought, frankly. In the RMDs I do in the future, would it be better not to have funds withheld and pay the taxes when due out...
by Prudence
Tue Nov 28, 2017 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Plan F High Deductible
Replies: 10
Views: 686

Re: Medicare Supplement Plan F High Deductible

As far as I know, G-HD isn't being sold in Maryland for 2018. The MD insurance folks haven't published their entire rate package yet so it could be that an individual carrier has it now. I signed up for G last week. The difference in premium was about $1,200 per year so it didn't make sense to have...
by Prudence
Tue Nov 28, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Plan F High Deductible
Replies: 10
Views: 686

Re: Medicare Supplement Plan F High Deductible

As far as I know, G-HD isn't being sold in Maryland for 2018. The MD insurance folks haven't published their entire rate package yet so it could be that an individual carrier has it now. I signed up for G last week. The difference in premium was about $1,200 per year so it didn't make sense to have...
by Prudence
Tue Nov 28, 2017 8:58 am
Forum: Personal Consumer Issues
Topic: new dehumidifier?
Replies: 9
Views: 579

Re: new dehumidifier?

I live in SW Florida. I have a 45 pint LG humidifier(about 8 years old) in the bedroom. I run it on humid days/nights, which results in a very comfortable climate and seems to help with joint aches and pains(I am a runner)The motor in the unit continues to run but it has stopped removing water from...
by Prudence
Tue Nov 28, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Plan F High Deductible
Replies: 10
Views: 686

Re: Medicare Supplement Plan F High Deductible

From the Medicare Access and CHIP Reauthorization Act of 2015: SEC. 401. LIMITATION ON CERTAIN MEDIGAP POLICIES FOR NEWLY ELIGIBLE MEDICARE BENEFICIARIES. Section 1882 of the Social Security Act (42 U.S.C. 1395ss) is amended by adding at the end the following new subsection: ‘‘(1) IN GENERAL.—Notwi...
by Prudence
Mon Nov 27, 2017 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Plan F High Deductible
Replies: 10
Views: 686

Medicare Supplement Plan F High Deductible

I have posted on this before so please bear with me. I live in Maryland and this plan makes sense for me. We know that Plan F will not be offered to newly eligible enrollees as of January 1, 2020. I don't want to enroll in Plan F HD in 2018 and 2019 if it will also be closed to new enrollees in 2020...
by Prudence
Wed Nov 22, 2017 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplemental Plan F High Deductible
Replies: 18
Views: 1461

Re: Medicare Supplemental Plan F High Deductible

My feelings about the high deductible plan align with those of the OP. I have been on that plan for about ten years and would estimate I’ve saved at least $50,000 over that period for DW and me. Not a bad savings for the very slight inconvenience of using bill pay to shoot off a few small copay che...
by Prudence
Wed Nov 22, 2017 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplemental Plan F High Deductible
Replies: 18
Views: 1461

Re: Medicare Supplemental Plan F High Deductible

Spirit Rider wrote:
Tue Nov 21, 2017 11:17 pm
When Plan F high-deductible goes away in 2020, there will be a Plan G high-deductible.
How do you know this?
by Prudence
Wed Nov 22, 2017 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplemental Plan F High Deductible
Replies: 18
Views: 1461

Re: Medicare Supplemental Plan F High Deductible

Both plan Fs are not going to be offered to new enrollees after 2020. People on plan F can keep it as long as some insurance company is offering it in their state. If your carrier drops the insurance, you can go to a different plan. For knowledgeable info in Maryland, contact your local State Healt...
by Prudence
Tue Nov 21, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplemental Plan F High Deductible
Replies: 18
Views: 1461

Re: Medicare Supplemental Plan F High Deductible

If I do not choose this plan now, I would enroll in Plan G. Is there any reason or evidence that I should I be more concerned about the viability of Plan F HD than any other plan? If you choose Plan F HD and it becomes unavailable, I believe that is a qualifying event for Guaranteed Issue in Maryla...
by Prudence
Tue Nov 21, 2017 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplemental Plan F High Deductible
Replies: 18
Views: 1461

Medicare Supplemental Plan F High Deductible

I live in Maryland and a few companies are offering this plan in 2018. I think this plan is the best for me because of the significantly lower premium and I can afford the high deductible ($2,200 in 2017; 2018 amount not announced yet). However, I have this fear that the plan may go away in my state...
by Prudence
Mon Nov 20, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: TIPs and a Three Fund Portfolio
Replies: 6
Views: 815

Re: TIPs and a Three Fund Portfolio

You probably have Taylor Larimore 's three-fund portfolio in mind when you note the absence of TIPS. While it is frequently referred to as the three-fund portfolio, there actually are a variety of three-fund portfolios out there. Some of them include TIPS. For instance, there is a portfolio of 1/3 ...
by Prudence
Mon Nov 20, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: TIPs and a Three Fund Portfolio
Replies: 6
Views: 815

TIPs and a Three Fund Portfolio

I don't see TIPs in the three fund portfolio or some of the other "simple" allocation approaches. If true, what is the thinking behind this? What about the risk of unexpected inflation? Bernstein suggests that a retiree establish a liability matching portfolio (LMP) with something safe like a TIPs b...
by Prudence
Sat Nov 18, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Rollover to Vanguard Traditional IRA
Replies: 3
Views: 243

Re: Rollover to Vanguard Traditional IRA

The following warning may only apply to my state (MD) but it is worth checking your state tax regs. In MD, when you turn 65 you can exclude from your MD AGI some of your income that comes from qualified retirement plans. A 403(b) is considered a qualified retirement plan. An IRA is not considered a...
by Prudence
Sat Nov 18, 2017 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Rollover to Vanguard Traditional IRA
Replies: 3
Views: 243

Rollover to Vanguard Traditional IRA

My wife has a traditional IRA and a 403(B) Pension Plan account at two different institutions. Both of these have only pre-tax funds. For simplicity and reduced fund fees and expenses, she plans to rollover both of these into her existing Vanguard traditional IRA which also has only pre-tax funds. S...
by Prudence
Wed Nov 15, 2017 9:11 am
Forum: Investing - Theory, News & General
Topic: Taking RMD'S
Replies: 15
Views: 1579

Re: Taking RMD'S

Combining makes sense to me. If you have a CD in your traditional IRA (like me), there may be a limit on the partial distribution amount you can take without an early withdrawal penalty.
by Prudence
Mon Nov 13, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: 401K Rollover to IRA Question
Replies: 3
Views: 299

Re: 401K Rollover to IRA Question

this has been asked many times before: https://www.bogleheads.org/wiki/Vanguard_safety https://www.google.com/search?sitesearch=bogleheads.org&q=risk+of+all+money+with+vanguard There should be no reason for concern. However, be aware 401k plans in some states offer greater protection from bankruptc...
by Prudence
Mon Nov 13, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: 401K Rollover to IRA Question
Replies: 3
Views: 299

401K Rollover to IRA Question

I have a 401K with Fidelity. Since I am retired, I can move it to another institution. I also have a Vanguard account (and some other accounts with banks and credit unions). I plan to roll the 401K to an IRA so I can have more flexibility to buy individual bonds (e.g. TIPs) and other products. I wou...
by Prudence
Mon Nov 13, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: IRA and 401K Required Mandatory Distribution (RMD)
Replies: 3
Views: 340

Re: IRA and 401K Required Mandatory Distribution (RMD)

plannerman wrote:
Mon Nov 13, 2017 9:47 am
I hope you meant RMDs plural. One from each 401(k) and at least one from all IRAs.

plannerman
Yup. Thanks!
by Prudence
Mon Nov 13, 2017 8:39 am
Forum: Personal Finance (Not Investing)
Topic: IRA and 401K Required Mandatory Distribution (RMD)
Replies: 3
Views: 340

IRA and 401K Required Mandatory Distribution (RMD)

I have read the IRS' RMD rules but am not 100% sure I have the correct understanding. I have a 401K and a traditional IRA. I retired in April 2016. My 70th birthday was December 2016 so I reached age 70.5 in May 2017. So, I believe I am required to make my first RMD from the 401k and the IRA by Apri...
by Prudence
Sat Nov 11, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Treasury Inflation Protected Securities [TIPS] Questions
Replies: 12
Views: 815

Re: Treasury Inflation Protected Securities [TIPS] Questions

<r><QUOTE author="dbr" post_id="3613073" time="1510357443" user_id="825"><s> </s> <QUOTE author="JBTX" post_id="3612855" time="1510347817" user_id="123440"><s> </s> <br/> Yes that is basically what I’m saying. My thought process is it is always good to diversify even among bonds but if I had nothing...
by Prudence
Fri Nov 10, 2017 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Inflation Protected Securities [TIPS] Questions
Replies: 12
Views: 815

Re: Treasury Inflation Protected Securities [TIPS] Questions

I am confused by OPS posts not sure if 30/70 stock bonds or 70/30 stock bonds. 30/70 would make more sense for 70 year old. The value of traditional bonds vs TIPS is they protect better in an economically driven market crash like 2008. Their value actually goes up as interest rates go down while st...
by Prudence
Fri Nov 10, 2017 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Inflation Protected Securities [TIPS] Questions
Replies: 12
Views: 815

Re: Treasury Inflation Protected Securities [TIPS] Questions

I have posted about this a few times so please bear with me again. I am age 70 and a 30/70 stock/bond portfolio going forward would make sense. I have finally decided to set up a TIPs bond ladder within my traditional IRA. Many articles suggest that an investor should have some percent (e.g. 25 or ...
by Prudence
Fri Nov 10, 2017 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Inflation Protected Securities [TIPS] Questions
Replies: 12
Views: 815

Re: Treasury Inflation Protected Securities [TIPS] Questions

Maybe I am mis-reading, but in your first post you say 30% stock and 70% bond. Later posts by OP and others seem to imply 30% bond and 70% stock. So I'm confused about that. Regarding choosing a number of years for the tips ladder instead of a percentage, I agree that makes sense and is what I woul...
by Prudence
Fri Nov 10, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Inflation Protected Securities [TIPS] Questions
Replies: 12
Views: 815

Re: Treasury Inflation Protected Securities Questions

Your plan makes a lot of sense. Since I don't want 50% insurance against unexpected inflation (who would insure their $400K house for $200K?), I like 100% TIPS in the LMP and the rest (RP) in US total market index. I get your point. But, in my case this would leave me with an allocation of my portf...
by Prudence
Fri Nov 10, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Inflation Protected Securities [TIPS] Questions
Replies: 12
Views: 815

Treasury Inflation Protected Securities [TIPS] Questions

I have posted about this a few times so please bear with me again. I am age 70 and a 30/70 stock/bond portfolio going forward would make sense. I have finally decided to set up a TIPs bond ladder within my traditional IRA. Many articles suggest that an investor should have some percent (e.g. 25 or 3...
by Prudence
Tue Nov 07, 2017 8:30 am
Forum: Personal Consumer Issues
Topic: Furnace Issues
Replies: 30
Views: 1887

Re: Furnace Issues

Hello everyone, I have a 28 year old furnace that has been having issues with the fan starting up. My furance works sporadically, there are times when the unit works without any problems, and there are times when I start my heater and all I hear is noise. I wanted to see if anyone else has had a si...
by Prudence
Mon Nov 06, 2017 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance money
Replies: 9
Views: 1452

Re: Inheritance money

In her position, I'd open an account in my name only at a financial institution where my husband had no accounts and deposit the inheritance in my account. Even in a community property state, it would still be my money only. I'd do a CD ladder rather than anything more risky, since I plan to spend ...
by Prudence
Sat Nov 04, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: TIPs Investment
Replies: 14
Views: 1043

Re: TIPs Investment

I have a very similar plan to yours. I have half of my fixed income assets in individual Tips that mature every 5 years until I reach 90. Currently, I'm 64 and the first 100K( inflation adjusted) mature when I'm 70 and every 5 years thereafter. I will dump the the proceeds into the Vanguard Short T...
by Prudence
Sat Nov 04, 2017 8:48 am
Forum: Investing - Help with Personal Investments
Topic: TIPs Investment
Replies: 14
Views: 1043

Re: TIPs Investment

Trying to make sure you are securely funding retirement for you and spouse is worse than an algebra problem trying to solve for 3 unknowns. :oops: Your personal expense growth may not match very well with inflation captured by TIPS, you don't know how long you or your spouse will live, how much ass...
by Prudence
Fri Nov 03, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: TIPs Investment
Replies: 14
Views: 1043

Re: TIPs Investment

I have a very similar plan to yours. I have half of my fixed income assets in individual Tips that mature every 5 years until I reach 90. Currently, I'm 64 and the first 100K( inflation adjusted) mature when I'm 70 and every 5 years thereafter. I will dump the the proceeds into the Vanguard Short T...
by Prudence
Fri Nov 03, 2017 8:06 am
Forum: Investing - Help with Personal Investments
Topic: TIPs Investment
Replies: 14
Views: 1043

TIPs Investment

<t>Many experts suggest that investors have one third to one half of their fixed allocation in TIPs in order to mitigate risk from unexpected inflation. This may work for us, but, I have a question. Recently I am thinking of adding TIPs to our portfolio. Suppose I am 70 and estimate that we need abo...
by Prudence
Fri Nov 03, 2017 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefit Question
Replies: 4
Views: 583

Social Security Spousal Benefit Question

Yesterday my wife received an unsolicited letter from the SSA informing her that "You get monthly benefits as a spouse. If you apply for retirement benefits on your own SSN, our records show you may get higher benefits". Some brief facts: I delayed my benefits until age 70 (in December 2016). My wif...
by Prudence
Thu Nov 02, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Market Crash Defensive Portfolio
Replies: 30
Views: 3748

Re: Market Crash Defensive Portfolio

Two extreme stances when it comes to trepidations re market collapse: 1. I will patiently stay fully invested in the entire stock market come what may and everything will work out fine (my own choice now that I have become a lazy investor). 2. The market will crash in the immediate future and I am ...
by Prudence
Tue Oct 31, 2017 1:27 pm
Forum: Personal Consumer Issues
Topic: "Best" Online Degree if already a college graduate
Replies: 120
Views: 15008

Re:

With so many schools offering online degrees nowadays, you have a wide range of options to choose from. If reputation matters, there are several well-regarded state and private universities which also offer online degrees. USC, Stanford, UNC, Penn St, Northwestern and many, many others offer some o...
by Prudence
Tue Oct 24, 2017 10:21 pm
Forum: Personal Consumer Issues
Topic: Medicare Supplement Plan F or Plan F High Deductible
Replies: 14
Views: 1293

Re: Medicare Supplement Plan F or Plan F High Deductible

When I started Medicare a couple of years ago I went with F-HD. I did the math based on my normal healthcare usage and saw that it would save me lots of money every year that didn't involve a serious illness or accident. In three years I have never gotten anywhere near the full Medigap deductible. ...
by Prudence
Mon Oct 23, 2017 10:28 am
Forum: Personal Consumer Issues
Topic: Medicare Supplement Plan F or Plan F High Deductible
Replies: 14
Views: 1293

Medicare Supplement Plan F or Plan F High Deductible

My wife and I are currently enrolled in Plan F. After analyzing all the options and numbers, I think we should switch to Plan F High Deductible on January 1st. We would each have a deductible of $2,200 in 2018 based on the 2017 amount. Do I have the correct deductible amount ($2,200)? What else am I...
by Prudence
Sun Sep 24, 2017 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 79
Views: 7797

Re: Help?! My 70 year old father is 100% invested in equities

I think your Dad is 100% correct. I especially agree with his conclusions about bonds. I am 70 and in a similar situation as he is. I can't tolerate risk the way he can but I wish I could. If he can sleep at night, and obviously he can, then 100% equities is the wisest allocation for him.
by Prudence
Sun Sep 24, 2017 8:41 pm
Forum: Personal Consumer Issues
Topic: TENS [Transcutaneous Electrical Nerve Stimulation]
Replies: 2
Views: 454

TENS [Transcutaneous Electrical Nerve Stimulation]

My neighbor recommended that I try this muscle stimulator to help my sore neck and thigh (hammy). She said it helped her. Do any of you have experience with it?
by Prudence
Thu Aug 10, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: What is an appropriate lower risk asset allocation once one has "won the game"
Replies: 50
Views: 6552

Re: What is an appropriate lower risk asset allocation once one has "won the game"

When the members of this post suggests TIPS, do they mean TIPS funds or ETF or buying real TIPS from the government? Thanks Paul Most folks on this forum probably buy the TIPS bonds from the Treasury and hold them until maturity so they can avoid exposure to annual taxes and/or loss of principal va...
by Prudence
Thu Aug 10, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: What is an appropriate lower risk asset allocation once one has "won the game"
Replies: 50
Views: 6552

Re: What is an appropriate lower risk asset allocation once one has "won the game"

When the members of this post suggests TIPS, do they mean TIPS funds or ETF or buying real TIPS from the government? Thanks Paul Most folks on this forum probably buy the TIPS bonds from the Treasury and hold them until maturity so they can avoid exposure to annual taxes and/or loss of principal va...