Search found 6090 matches

by Ron
Tue Jan 23, 2018 11:03 pm
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 77
Views: 4633

Re: Kitces article: A cash bucket in retirement? Nope

@Ron, so did your cash ever get depleted from 4 years to 3 years or 2 years of expenses? If not, then does that mean you actually used the rest of your portfolio for expenses through thick and thin and just used the cash for peace of mind? Sure, the cash was reduced during the 2008-09 period by not...
by Ron
Tue Jan 23, 2018 3:05 pm
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 77
Views: 4633

Re: Kitces article: A cash bucket in retirement? Nope

I retired in early 2007 (at age 59) with just my portfolio for living expenses; no SS, no pension as of the date I retired. In preparation for this move to another phase of my life, I had accumulated in my VG/FIDO tax-deferred MM accounts an amount equal to four years of expenses (included taxes on ...
by Ron
Mon Jan 22, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 79
Views: 3462

Re: Laughter is the Best Medicine - What makes you Laugh?

Earl & Opal: http://www.gocomics.com/pickles

I find that as we age, my wife/me seem to have the same challenges these two do (and are starting to look like them :oops: ).

- Ron
by Ron
Mon Jan 22, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Pros and Cons of High Rise Condos for retired couple
Replies: 44
Views: 4442

Re: Pros and Cons of High Rise Condos for retired couple

My wife/me rented a high rise condo in Maui (on the beach, of course) a few years ago. While we were fortunate to be on the top floor without noisy neighbors, we found it was a PIA to wait for the elevator to go up/down and a hassle to move groceries up to the condo for the time we stayed there. Of ...
by Ron
Mon Jan 22, 2018 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Social Security website
Replies: 10
Views: 982

Re: Social Security website

Service Hours My Social Security is available during the following service hours (Eastern Time) Day Service Hours Monday - Friday 5:00 a.m. - 1:00 a.m. Saturday 5:00 a.m. - 11:00 p.m. Sunday 8:00 a.m. - 11:30 p.m. Federal Holidays Same hours as the day the holiday occurs ----------------------------...
by Ron
Sat Jan 20, 2018 3:02 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 137
Views: 7725

Re: Fear of dying with too much money?

Having an adult disabled "child", neither me or my wife will ever have this fear.

We invest for his future.

- Ron
by Ron
Thu Jan 18, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 173
Views: 11509

Re: Stats on When People Take Social Security

<snip...>This was a very interesting perspective, and I had not looked at it this way before. Now my strategy may become "delay as long as possible unless there is a massive stock market crash and I can live off social security and not draw down my portfolio. OTOH, there are folks like me that also...
by Ron
Mon Jan 15, 2018 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 173
Views: 11509

Re: Stats on When People Take Social Security

Article this past week somewhere, Whether one takes early or late SS, the money received is nearly the same, IF one lives to the actuarial age. If you live longer than that you are ahead with delayed SS. If you live less than, you are better off taking early SS. One of my favorite pass-times on Sun...
by Ron
Sun Jan 14, 2018 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card keeps getting hacked, even when unused! (4x now!)
Replies: 49
Views: 7910

Re: Credit card keeps getting hacked, even when unused! (4x now!)

Hundreds of countries ? I question this. There aren't hundreds of countries on the planet. There certainly are hundreds of countries on the planet, nearly 200, in fact. "Based on the seven-continent model, and grouping islands with adjacent continents, Africa has the most countries with 54. Europe ...
by Ron
Wed Jan 10, 2018 10:24 pm
Forum: Personal Consumer Issues
Topic: Kenmore Washer Dryer
Replies: 29
Views: 1517

Re: Kenmore Washer Dryer

We replaced our dead washer last year. After some research, we found that a) all of these machines have been cost reduced to the point that they don't last, and b) the go-to "buy it for life" brand is Speed Queen. Old-school mechanism that never fails, built like a tank, etc. They sell just two con...
by Ron
Fri Jan 05, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to one car in retirement...
Replies: 68
Views: 4027

Re: Downsizing to one car in retirement...

Ages 69/70, both retired, live in the burbs, no public transport. We have three cars; hers/his/his. His second car is an '02 Mustang vert, purchased new, with 22K currently on the odometer. I'll get rid of it when I can no longer depress the clutch or my wife will sell it when I move on to that big ...
by Ron
Wed Jan 03, 2018 7:55 pm
Forum: Personal Consumer Issues
Topic: Do you have a antivirus for you Android phone?
Replies: 20
Views: 1394

Re: Do you have a antivirus for you Android phone?

I use McAfee since it's offered as part of my Windows software. My license covers all my Windows PC's (desktop/laptop) along with my android phones.

- Ron
by Ron
Wed Jan 03, 2018 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security at age 62 perhaps?
Replies: 57
Views: 4938

Re: Social Security at age 62 perhaps?

As it is, I turned 70 today and will be getting my first SS deposit next month. I told my wife (at dinner, last night) that if I didn't make it to midnight, just roll me under the covers and call the FD after 12:01 :mrgreen: ... My primary reason for delay was to maximize my SS for her, assuming I'...
by Ron
Wed Jan 03, 2018 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Social Security at age 62 perhaps?
Replies: 57
Views: 4938

Re: Social Security at age 62 perhaps?

Some consider shooting for wringing the most money out of the system and waiting until 70, hoping you make it to your mid-80's to count it as a 'win.' I think most people waiting until age 70 are NOT trying to "wring the most money out of the system". They are treating SS as longevity insurance. A ...
by Ron
Tue Jan 02, 2018 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity's Retirement Income Plan
Replies: 22
Views: 1901

Re: Fidelity's Retirement Income Plan

vested1 wrote:
Tue Jan 02, 2018 1:50 pm
Congratulations on your birthday Ron. I believe you delayed SS until you turned 70.
Yes; Valentine's day will surely be "sweet" this year. It's the day of my first SS deposit.

- Ron
by Ron
Tue Jan 02, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity's Retirement Income Plan
Replies: 22
Views: 1901

Re: Fidelity's Retirement Income Plan

I read this to say I can take a distribution that meets the RMD anytime in the YEAR I turn 70.5 .... else how would someone who turns 70.5 on Dec 30 get an RMD in that tax/calendar year ? You are correct. The RMD can be taken anytime in the year you turn 70.5 (ignoring the QCD situation). Ref: http...
by Ron
Tue Jan 02, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Embarrassment Preventing Retirement Work: A factor for you?
Replies: 131
Views: 12177

Re: Embarrassment Preventing Retirement Work: A factor for you?

<snip...> IMO, volunteer work would be best. There are many opportunities to volunteer and help fulfill needs for people and ministries. Yours is a good problem to have. Best wishes in solving it. I've been retired just over a decade; my wife just over 5 years. Each of us deliver through the Meals ...
by Ron
Sun Dec 31, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: Another car thread - old ones?
Replies: 14
Views: 954

Re: Another car thread - old ones?

My 2015 SUV feeds my "body".

My 2002 Mustang GT vert feeds my "soul".

FWIW,

- Ron
by Ron
Sun Dec 31, 2017 9:23 am
Forum: Investing - Help with Personal Investments
Topic: What do you consider wealthy?
Replies: 28
Views: 2558

Re: What do you consider wealthy?

Somebody with a dollar more than I have :wink: ...

- Ron
by Ron
Sun Dec 31, 2017 8:24 am
Forum: Personal Consumer Issues
Topic: European Cities that don't interest you
Replies: 187
Views: 11821

Re: European Cities that don't interest you

Actually, none of them. However, my DW (aka "the traveler") hasn't seen a euro city that she did not enjoy (along with all the other cities around the world that we've been to, over the years). As for me? I worked for/in two separate European based companies that had HQ in Europe, but US ops and I s...
by Ron
Fri Dec 29, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity's year end mutual fund distribution estimates - am I confused or are they ridiculously inaccurate?
Replies: 3
Views: 329

Re: Fidelity's year end mutual fund distribution estimates - am I confused or are they ridiculously inaccurate?

An estimate is an estimate - not a fact.

If you really have a problem with this, I would contact FIDO directly and make your concerns known.

- Ron
by Ron
Wed Dec 27, 2017 11:33 am
Forum: Forum Issues and Administration
Topic: Can we bring back the yearly net worth spreadsheet?
Replies: 9
Views: 985

Re: Can we bring back the yearly net worth spreadsheet?

What's most important IMHO is for you to measure yourself against your own goals, not some other unverified entity on the internet (even if they are sincere in truthful reporting on their personal facts).

- Ron
by Ron
Mon Dec 25, 2017 11:00 am
Forum: Investing - Theory, News & General
Topic: Social Security - First Monthly Benefit Receipt
Replies: 10
Views: 1329

Re: Social Security - First Monthly Benefit Receipt

Actually that schedule is not necessarily accurate in practice. My wife's birthday is in the first "zone" and mine is in the second, but we always get our direct deposits on the same day, which is either in the first week (sometimes) or the second week (usually). For example, in October we got our ...
by Ron
Sat Dec 23, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Ever tempted to shut it down once you have “enough”?
Replies: 37
Views: 4241

Re: Ever tempted to shut it down once you have “enough”?

Not at all, because we do have more than enough for the next 50+ years, we plan to move slowly from 50/50 to 70/30 throughout our retirement. We want to grow our portfolio for future generations. Not fair thinking about something beyond your own retirement. Life isn't fair. We have to keep a good d...
by Ron
Sat Dec 23, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: Social Security - First Monthly Benefit Receipt
Replies: 10
Views: 1329

Re: Social Security - First Monthly Benefit Receipt

My wife's birthday is Feb 14, her application was approved last month, and they told her her first direct deposit will hit her account third week of April, 2018. TravelforFun My wife's birthday is May 27th; she received her first check on June 15th. Is your wife applying for age 62 benefits? If she...
by Ron
Sat Dec 23, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: Social Security - First Monthly Benefit Receipt
Replies: 10
Views: 1329

Re: Social Security - First Monthly Benefit Receipt

No, you will receive your first "check" on March 21 in your case. Payment is made in either the second, third, or fourth Wednesday depending on your day of birth: 1-10: Second Wednesday 11-20: Third Wednesday 21-31: Fourth Wednesday If your birthday is on the second of the month to the last day of t...
by Ron
Thu Dec 21, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard can only withhold 99% from RMD?
Replies: 18
Views: 1589

Re: Vanguard can only withhold 99% from RMD?

I had the same problem with FIDO, using their on-line withdrawal screen when taking out additional FIT to meet my taxes due for the year. I called the customer care center and they were able to put in a trade with 100% going to FIT. The only strange thing was I received a message that they were send...
by Ron
Mon Dec 18, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance After Retirement
Replies: 13
Views: 794

Re: Term Life Insurance After Retirement

While my wife would certainly have more than enough in our joint portfolios to live out her life with no money problems, she does not take care of managing the underlying investments. Due to that fact, I still hold a term policy that will give her enough immediate tax-free income to cover a year of ...
by Ron
Mon Dec 18, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Financial Assistance to Adult Child (health insurance)
Replies: 107
Views: 5832

Re: Financial Assistance to Adult Child (health insurance)

The question comes down to this; what is she going to do when you are no longer around? The primary responsibility of a parent, regardless of age of either parent or "child" is to prepare the offspring for the time that the parent is no longer around to be the child's safety net. Just my simple POV....
by Ron
Sun Dec 17, 2017 3:54 pm
Forum: Personal Consumer Issues
Topic: Medicare Medical Insurance
Replies: 21
Views: 1328

Re: Medicare Medical Insurance

Heck, I've been paying Part B at $121.80 for 2016 and $134 for 2017 since I have yet to claim SS :( ... Consider yourself lucky since you've had a reduction the last two years :mrgreen: ... I turn 70 in a couple of weeks and start SS payments in February, from which the $134 I've been paying over th...
by Ron
Sun Dec 17, 2017 3:40 pm
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 23637

Re: 2nd million is easier!

My employment income is not that high. It has been around 250-260k over the last 4 years. Sorry to say, but your employment income is VERY high. Even still, many folks with that income do not save 70k+ a year. That takes fortitude. Great job. I was referring to someone who thought I must be making ...
by Ron
Sat Dec 16, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: Is 120 months of expenses in Fixed Income plus 100/0 a viable long term allocation?
Replies: 42
Views: 1804

Re: Is 120 months of expenses in Fixed Income plus 100/0 a viable long term allocation?

TimeLord, all these threads of your asking what about this or that... I can't help but think, the quest for the perfect plan is the enemy of a good plan. Why don't you just go 50/50 and call it good? You've won the game... stop playing. You are obviously obsessed with your portfolio and how to arra...
by Ron
Sat Dec 16, 2017 11:36 am
Forum: Personal Consumer Issues
Topic: Electric Energy Usage
Replies: 86
Views: 5382

Re: Electric Energy Usage

2400 sq ft living space with an additional 1200 sq ft unfinished basement heated to 55 degrees during the winter with electric resistance heating (to take the chill off). House built in 1994. All electric (air to air heat pump) with backup/emergency heating coil on air handler for the coldest days o...
by Ron
Wed Dec 13, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?
Replies: 41
Views: 3091

Re: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?

Markets are closed on January 1st :twisted: ...

Anyway, back in the day, I would put away funds on a monthly basis during the previous year, and contribute those funds to my IRA the first working day of the new year.

- Ron
by Ron
Tue Dec 12, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 66
Views: 4980

Re: What did you do with your first RMD withdrawal money?

The overwhelming number of responders that reinvest RMDs reifies my faith in Bogleheads. I laud your high degree of financial responsibility. I choose to spend mine on luxuries, but may reinvest next year's since I don't have a burning desire for something new now. My main takeaway is that each of ...
by Ron
Mon Dec 11, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 11477

Re: 2018 financial goals - what are yours?

KISS method.

Claim my SS benefit (I turn 70 in three weeks) :mrgreen: ...

- Ron
by Ron
Sat Dec 09, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired at least 10 years, what about the money?
Replies: 47
Views: 7185

Re: For those retired at least 10 years, what about the money?

All excess funds are put away for the future care of our adult disabled son, assuming we don't need it for our own future medical/support needs before we're gone. Since he's our only "child" and will never have grandchildren, the normal investments in the "future generations" are not within our scop...
by Ron
Sat Dec 09, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 66
Views: 4980

Re: What did you do with your first RMD withdrawal money?

The IRS gets paid first, the remainder goes to the taxable account. The IRS gets more than half :D Dale How do you figure it's half? I will guess it's because Mr. G makes it so. He probably has plenty of other income, but withholds no taxes from the other income and has all his tax liability for al...
by Ron
Thu Dec 07, 2017 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 26915

Re: Why not take Social Security at 62

reggiesimpson wrote:
Thu Dec 07, 2017 8:59 am
"A bird in the hand is worth two in the bush". Take the money and run.
Exactly! That's what I'm doing in just under 4 weeks (when I turn 70 :mrgreen: )....

- Ron
by Ron
Wed Dec 06, 2017 4:59 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 242
Views: 15730

Re: Do people still use AAA?

Now I have hide-a-key on all my cars. I've thought about doing this, but the problem is I have an electronic key fob, not an actual key that inserts into a lock, and if the key fob is anywhere within a short distance of the car, the doors will open. So, how do I put an electronic key fob in a hide-...
by Ron
Tue Dec 05, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 26915

Re: Why not take Social Security at 62

You want to prepare for 75% cut in social security and the market tanking by 75% and the inflation going up by 10% every year and the interest rates staying in low 2%, medicare going away and being in long terms care facility for 30 years; is there anything else you need to be ready for? is that wo...
by Ron
Mon Dec 04, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Does it always make sense to delay SSA?
Replies: 15
Views: 1266

Re: Does it always make sense to delay SSA?

I read it break it even if one beyond 85. So the optium point is to take SSA between 67 to 70.5 (65 to 70.5 depend your birth year). If you have big tax deferred account, deferred but do Roth conversion to reduce RMD. SSA is taxable if you RMD+SSA to too big. No accrual is given beyond the age of 7...
by Ron
Sat Dec 02, 2017 10:36 am
Forum: Personal Consumer Issues
Topic: New Medicare Retirement Plan
Replies: 5
Views: 923

Re: New Medicare Retirement Plan

I have a similar HRA setup from the company I retired from, and they use Towers Watson / OneExchange as their Medicare marketplace provider. I don't know if they operate the same, but I can actually apply for a plan online to start the process and it is dated with the day of the application. Like yo...
by Ron
Fri Dec 01, 2017 11:25 pm
Forum: Personal Consumer Issues
Topic: quiet natural gas generators
Replies: 38
Views: 2306

Re: quiet natural gas generators

<snip...> Ever thought about changing out your air handler (heat strips) for one with a gas furnace as backup? In an extended outage you'd go through a lot less propane burning it directly versus running a generator to run the heat pump's compressor. First of all, there is no NG in our area. To run...
by Ron
Thu Nov 30, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: quiet natural gas generators
Replies: 38
Views: 2306

Re: quiet natural gas generators

We had our 20KW Generac installed in the spring of 2013 by our HVAC contractor, who sells/installs/maintain both the Generac and Kohler brands with no "push" to install one over the other. We went with the Generac primarily due to market penetration when compared to the other brands. While one of th...
by Ron
Tue Nov 28, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: quiet natural gas generators
Replies: 38
Views: 2306

Re: quiet natural gas generators

<snip..>When I looked into this a few years ago, the two issues were noise (angry neighbors) and the fact that you need to keep them clear of snow. I dont want to be outside in the middle of a blizzard trying to clear snow from my generator. A few shovel fulls of snow to clear the vents are certain...
by Ron
Mon Nov 27, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculation Question
Replies: 19
Views: 1610

Re: Social Security Calculation Question

<snip...> Also, you're using the the term "reduced" in a manor in which it is not typically used when discussing SSI. It's not "SSI", but it is SS. SSI is a separate program, run by each state but supported by the federal government to give income to those who have never worked due to being aged, b...
by Ron
Sun Nov 26, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 26915

Re: Why not take Social Security at 62

Just curious but how much do you think most BH couples annual SS benefit will be? I think you may be under estimating the size of the benefit for many BH especially those who have substantial savings as they likely held well paying jobs. The numbers are around $35K for a professional person who has...
by Ron
Fri Nov 24, 2017 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: if you could use only 1 investment firm...
Replies: 79
Views: 5071

Re: if you could have only 1 investment firm...

R U serious?

You are asking this question on a forum dedicated to Vanguard? :oops: ...