Search found 90 matches

by Sandman62
Sun Dec 03, 2017 10:21 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 279
Views: 38706

Re: Roll Call for the Retirement Class of 2017!

Thanks Miriam2. Sorry, I didn't see this thread in the past couple weeks. It's so true what others before me have said about not knowing how they had time to do anything when they worked! My first month was so relaxing. Strangely, I found myself awakening even earlier than when I w*rked; just so anx...
by Sandman62
Tue Oct 17, 2017 9:02 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 279
Views: 38706

Re: Roll Call for the Retirement Class of 2017!

You can add me to this class please. Official date is Dec. 1st. Backing off some vacation time, last day is Nov. 3rd! Can't wait! :happy You're in, Sandman62! Congratulations! So what's on the retirement agenda :?: Thank you. More of a "loose plan" than an agenda, but here goes: More social time wi...
by Sandman62
Mon Oct 16, 2017 5:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 279
Views: 38706

Re: Roll Call for the Retirement Class of 2017!

You can add me to this class please. Official date is Dec. 1st. Backing off some vacation time, last day is Nov. 3rd! Can't wait! :happy
by Sandman62
Sun Jul 16, 2017 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Can my wife and I afford to retire in one year with our portfolio, pension, social security
Replies: 41
Views: 4254

Re: Can my wife and I afford to retire in one year with our portfolio, pension, social security

Yes, I know it seems low but we'll be living in a small North Carolina town and have no mortgage on the house. I've gone through expenses on a line item basis and they seem reasonable at 4.5k / month. Our current northeast US home does have a mortgage and has much higher upkeep costs. And we've bee...
by Sandman62
Sun Jun 04, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?
Replies: 49
Views: 3390

Re: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?

Thanks for the article link. This part of it nicely sums up our position: On the other hand, while growth can help more when the portfolio’s size is larger, and markets do go up on average (and go up more often than they go down), it’s important not to understate the consequences of how an ill-timed...
by Sandman62
Sun Jun 04, 2017 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?
Replies: 49
Views: 3390

Re: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?

Your retirement sounds so secure that the havoc you anticipate may be non-existent. What specifically are you calculating that will be so devastating? Note: The key words have to do with "plans", "some", and "havoc." Note that inadequate return due to insufficient allocation to stocks is a more cer...
by Sandman62
Sun Jun 04, 2017 10:19 am
Forum: Investing - Theory, News & General
Topic: Murphy's Law Of Retirement
Replies: 56
Views: 9520

Re: Murphy's Law Of Retirement

From a post of mine last fall, here's our plan: With me planning to retire at 55 at the end of next year, and wife thereabouts too, we changed our 65/25/10 AA about a week ago from what had crept up a bit in stocks to 35/50/15, converting about $300k of stock funds to bonds/cash funds. We'll have tw...
by Sandman62
Sun Jun 04, 2017 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?
Replies: 49
Views: 3390

Re: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?

I personally hate to make large moves but I've always been, at best, a moderate allocator. I think this is a good time -- a combination of equities being at their highs and you approaching your number to make some adjustments. Most approaching retirement wouldn't go directly to 30% equities especia...
by Sandman62
Sun Jan 15, 2017 11:41 am
Forum: Investing - Theory, News & General
Topic: Help with Retirement Projection Assumptions
Replies: 35
Views: 3986

Re: Help with Retirement Projection Assumptions

FWIW SS is expected to pay out 75% of current promised benefits worst case . I am almost 50, you and I are very near the 'worst case' profile, retiring when SS Program Income/Outgo gap is at it's largest. I assume 70% of SS benefits (from SSA.Gov) in my outlooks for a small built-in margin of safet...
by Sandman62
Tue Sep 06, 2016 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Anyone else getting nervous and converting to cash as a short-term move?
Replies: 116
Views: 13471

Re: Anyone else getting nervous and converting to cash as a short-term move?

Some of you said, no need to worry unless you are near retirement. What would you do if you are near retirement? Nancy +1 Folks, If you are near retirement, you should reduce your equity / risk exposure. Aka, you should adjust your AA. This is independent of whatever the market is doing at the mome...
by Sandman62
Tue Sep 06, 2016 9:54 am
Forum: Investing - Theory, News & General
Topic: "How to Tell if Your Retirement Nest Egg Is Big Enough"
Replies: 61
Views: 15725

Re: "How to Tell if Your Retirement Nest Egg Is Big Enough"

Taylor, thanks for reminding people of this article. I recently retired at age 60 with a modest income over 40 years and modest savings. A bad sequence of returns is a big deal for me. 30/70 stock/bonds is my sleep well at night point. Just want to make sure I can afford a restaurant once a week. b...
by Sandman62
Tue Aug 23, 2016 9:06 pm
Forum: Investing - Theory, News & General
Topic: "How to Tell if Your Retirement Nest Egg Is Big Enough"
Replies: 61
Views: 15725

Re: "How to Tell if Your Retirement Nest Egg Is Big Enough"

So how do you calculate your RLE shortfall if your pensions aren't COLA'ed? Just do a spreadsheet and deflate the pensions throughout each year of retirement? So instead of each year being the same, our RLE would go up each year by inflation. Then just total 'em up til age 90? IIRC, the Fido RIP too...
by Sandman62
Tue Aug 23, 2016 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone else getting nervous and converting to cash as a short-term move?
Replies: 116
Views: 13471

Re: Anyone else getting nervous and converting to cash as a short-term move?

nan24 wrote:Some of you said, no need to worry unless you are near retirement. :confused

What would you do if you are near retirement?

Nancy

+1 :confused
by Sandman62
Sat Aug 13, 2016 1:53 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads: Asset-Allocation and Rebalancing
Replies: 74
Views: 7877

Re: Bogleheads: Asset-Allocation and Rebalancing

Can't emphasize enough how valuable I think your pensions are. They provide tremendous flexibility. They can provide you the strength to tolerate an aggressive AA or the cushion to not require such an aggressive AA. Thanks for the feedback, Dave. This is a good "problem" to have, but I st...
by Sandman62
Sat Aug 13, 2016 11:58 am
Forum: Investing - Theory, News & General
Topic: Confession~ I timed the market today
Replies: 31
Views: 3841

Re: Confession~ I timed the market today

I sort of did as well today . But there is a huge difference between tactical asset allocation and sort of opportunistically making long term adjustments to the asset allocation in the face of changing life circumstances. Those circumstances include aging, change in risk appetite, change in need fo...
by Sandman62
Sat Aug 13, 2016 11:41 am
Forum: Investing - Theory, News & General
Topic: Bogleheads: Asset-Allocation and Rebalancing
Replies: 74
Views: 7877

Re: Bogleheads: Asset-Allocation and Rebalancing Near Retirement

I've been considering changing the AA on our $925k retirement portfolio from 60/30/10 to maybe 50/40/10 or 40/50/10. The 10% cash was the result of us taking some stock profits off the table at the end of 2014. This wasn't timing though, as I don't plan to buy back in with these funds. Rather, I cho...
by Sandman62
Wed Jul 27, 2016 4:11 pm
Forum: Personal Consumer Issues
Topic: Gas grill recommendations please
Replies: 52
Views: 3542

Re: Gas grill recommendations please

weber customer service is outstanding- i have genesis gold- great warranty- 5 yrs i believe- they sent me new lid, burner box, frame, etc to hawaii as my lid hinges had corroded & broke off- they're built into the box so lots had to be replaced. Even their replacement parts have good warranty- ...
by Sandman62
Mon Apr 18, 2016 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: How did your retirement plans evolve over your career?
Replies: 45
Views: 5372

Re: How did your retirement plans evolve over your career?

We set the five major objectives below in our early 20's and 30 years later are sticking with them. The big uncertainty is whether or not we move or stay in 4 years, and if moving, to where. Marriage Single-family home ownership Have and raise kids Pay for kids undergraduate college education with ...
by Sandman62
Sat Feb 20, 2016 12:06 pm
Forum: Personal Consumer Issues
Topic: Need New Dishwasher.
Replies: 17
Views: 2165

Re: Need New Dishwasher.

Just remodeled our kitchen and bought this one. Can't even hear it when watching tv in the next room (with open railings to family room)! Very clean dishes too. http://www.sears.com/kenmore-elite-24inch-built-in-dishwasher-stainless-steel/p-02214793000P?prdNo=3&blockNo=3&blockType=G3
by Sandman62
Sat Feb 06, 2016 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Retirement - Ten key years + Summary
Replies: 68
Views: 16584

Re: Retirement - Ten key years + Summary

Thanks for the reply Peter. In the fall of 2014, we changed our AA to 50:40:10, selling 10% of stocks to cash. Being only 3 years from retirement then, I wanted to have 4-5 years of cash reserves on-hand to supplement our pensions if need be during our first few years of retirement, and setup that b...
by Sandman62
Fri Feb 05, 2016 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement - Ten key years + Summary
Replies: 68
Views: 16584

Re: Retirement - Ten key years

Peter, this thread is really about the old sequence of returns problem. You don't want a big, bad bear market during those ten key years. I am 56 years old and I am very interested in this topic as I am getting pretty close. Is a bad sequence of returns less damaging if the first 5 years or so of E...
by Sandman62
Fri Jan 15, 2016 2:50 pm
Forum: Investing - Theory, News & General
Topic: Who's buyin' today?
Replies: 127
Views: 14448

Re: Who's buyin' today?

How about anyone who is within a couple years of retiring? I wish I'd moved another 20-30% into cash last year instead of just 10%. :oops:
by Sandman62
Sat Jan 10, 2015 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Social Security and Pension Question:
Replies: 36
Views: 4397

Re: Social Security and Pension Question:

I keep my portfolio and income separate when I calculate my AA. But it is really just semantics. Because I have a pension and future SS payments, I can be a little riskier(60/40) in my AA. So IMO you can factor in your income and treat it like a bond when you figure your risk assessment. In some wa...
by Sandman62
Mon Sep 29, 2014 1:02 pm
Forum: Personal Consumer Issues
Topic: POLL: Would you rather work half as long or half as often?
Replies: 68
Views: 6032

Re: POLL: Would you rather work half as long or half as ofte

While I enjoy my work (IT), I am three years from retiring with a pension and will likely check out ASAP (age 55). Wife has a pension too. With mortgage already paid off, one kid done with college and the other halfway, plus our retirement savings, we don't plan to keep working at our jobs past the ...
by Sandman62
Mon Jun 23, 2014 12:35 pm
Forum: Investing - Theory, News & General
Topic: Would you change stock allocation based on market conditions
Replies: 37
Views: 2516

Re: Would you change stock allocation based on market condit

As I'm about 3.5 years from retiring (at age 55), and had been 70:30 stocks:bonds for several years, I was ready to make a shift of 10% of stocks into cash. That amount represents about the amount of money we expect to need from our retirement accounts in our first five years of retirement in order ...
by Sandman62
Mon Jun 02, 2014 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: How much $ savings needed to change car insurance companies?
Replies: 29
Views: 2795

Re: How much $ savings needed to change car insurance compan

But all it takes is a claim or two, and the potential for a very unpleasant experience as we attempt to get the company to make good on all those premiums, and then we might realize that what we paid for all those years really was cheaper for a reason. You're making an assumption that higher cost c...
by Sandman62
Mon Jun 02, 2014 8:16 am
Forum: Personal Finance (Not Investing)
Topic: How much $ savings needed to change car insurance companies?
Replies: 29
Views: 2795

Re: How much $ savings needed to change car insurance compan

roymeo wrote:What's this magic 'service' thing that I'm missing by using Geico?

Have you much claims experience?
by Sandman62
Sun Jun 01, 2014 11:05 am
Forum: Personal Finance (Not Investing)
Topic: How much $ savings needed to change car insurance companies?
Replies: 29
Views: 2795

Re: How much $ savings needed to change car insurance compan

But do we buy ALL services based on price alone? If I hire a carpenter, I ask around about quality of work, reliability, the quality of materials used, etc. Maybe if we're buying something that truly is the same no matter where we buy it, then price is paramount - like a book or a car. But services ...
by Sandman62
Sun Jun 01, 2014 10:31 am
Forum: Personal Finance (Not Investing)
Topic: How much $ savings needed to change car insurance companies?
Replies: 29
Views: 2795

Re: How much $ savings needed to change car insurance compan

I feel your number of years with a company can be factor. I hope Amica will show me some loyalty if I ever need it, after having my auto coverage with them for nearly 50 years. I wouldn't change carriers for almost any savings. Bruce +1 I'm always amazed that people shop for insurance as if all the...
by Sandman62
Mon May 12, 2014 4:36 pm
Forum: Personal Consumer Issues
Topic: Car for daughter
Replies: 39
Views: 2734

Re: Car for daughter

I have a '99 TL with about 165k miles on it and live in RI. My daughter went to URI for 3 years and drove it and now my son drives it (and also attends URI). We've never used snow tires and the only real trouble we've had was with our driveway, which is a short hill and sometimes took me a few tries...
by Sandman62
Sun Apr 13, 2014 10:31 am
Forum: Personal Consumer Issues
Topic: Woodpeckers...I'm desperate!
Replies: 52
Views: 9651

Re: Woodpeckers...I'm desperate!

A couple years ago, we had woodpecker damage to the front of our house. Probably 25-30 golf ball sized holes. It cost us thousands to have repaired. I then purchased a $15 plastic owl and perched him on a shingle nailed to the underside of our garage overhang, at the corner of the house. I also purc...
by Sandman62
Sat Apr 05, 2014 9:46 am
Forum: Investing - Theory, News & General
Topic: My take on impact of HFT,
Replies: 24
Views: 2054

Re: My take on impact of HFT,

Is there a way to read p. 2 of the article on an iPad without having to download an app?
by Sandman62
Mon Feb 10, 2014 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: omg, did I miss the buying opportunity in stocks?
Replies: 54
Views: 7586

Re: omg, did I miss the buying opportunity in stocks?

It's not hindsight if I've been in it nearly 20 years, is it? Hi Sandman62, I think the point that is trying to be illustrated is that it is very difficult but certainly not impossible for an actively managed fund to beat it's benchmark over long periods of time especially AFTER ER's are taken into...
by Sandman62
Sun Feb 09, 2014 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: omg, did I miss the buying opportunity in stocks?
Replies: 54
Views: 7586

Re: omg, did I miss the buying opportunity in stocks?

It's not hindsight if I've been in it nearly 20 years, is it? :wink:
by Sandman62
Sun Feb 09, 2014 8:18 am
Forum: Investing - Help with Personal Investments
Topic: omg, did I miss the buying opportunity in stocks?
Replies: 54
Views: 7586

Re: omg, did I miss the buying opportunity in stocks?

Any active mutual fund period, over time, will fail vs passive expectantly. Legg mason used to be exception until it wasn't. Am I misunderstanding you? Are you saying that "any active fund will occasionally underperform passive" or that "ALL funds do not beat indexes over time"?...
by Sandman62
Sat Jan 25, 2014 7:49 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Who Follows a Different Strategy?
Replies: 132
Views: 9532

Re: Age in Bonds - Who Follows a Different Strategy?

Age minus 20 despite planning to retire in less than four years at age 55. With our pensions covering 90-100% of our expenses in retirement, we feel we can stay aggressive a while longer. But they have no COLA, so by age 60, we'll likely shift to 60/40, as our withdrawals start to increase.
by Sandman62
Mon Jan 13, 2014 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: 11% increase in auto insurance premium
Replies: 25
Views: 3658

Re: 11% increase in auto insurance premium

I agree...make sure you are comparing apples to apples. Also ensure you are looking at the big picture (home & auto combined). If the rate was lower I would switch. If you really like your current company, you could offer them the chance to price match before you leave. Cheaper is better... Hav...
by Sandman62
Mon Jan 13, 2014 8:28 am
Forum: Local Chapters and Bogleheads Community
Topic: SOUTH of BOSTON - CHAPTER 36--FIRST MEETING
Replies: 31
Views: 6585

Re: SOUTH of BOSTON - CHAPTER 36--FIRST MEETING

moshe wrote:
Sandman62 wrote:What's the expected agenda? I'm in RI and already planning on visiting Boston for a day or two over wife's Feb. school vacation.


What are those dates Sandman as your vacation may be different than ours?
15-23rd. Not sure we'd do it, but it's possible.
by Sandman62
Sun Jan 12, 2014 11:27 am
Forum: Local Chapters and Bogleheads Community
Topic: SOUTH of BOSTON - CHAPTER 36--FIRST MEETING
Replies: 31
Views: 6585

Re: SOUTH of BOSTON - CHAPTER 36--FIRST MEETING

What's the expected agenda? I'm in RI and already planning on visiting Boston for a day or two over wife's Feb. school vacation.
by Sandman62
Sun Oct 27, 2013 10:18 am
Forum: Personal Consumer Issues
Topic: Insurance tracking your car
Replies: 49
Views: 2983

Re: Insurance tracking your car

Why? Actuarial averages aside, how can you ignore 3 decades of ACTUAL history?
by Sandman62
Sun Oct 27, 2013 8:29 am
Forum: Personal Consumer Issues
Topic: Insurance tracking your car
Replies: 49
Views: 2983

Re: Insurance tracking your car

Which is the safer driver? a) Always obeys speed limits, but... usually on the phone (which, whether aware or not, does indeed occupy at least 10-20% of your focus), often texting, putting on makeup, fiddling with radio, seldom scans mirrors, doesn't leave a safe distance to cars ahead, doesn't adju...
by Sandman62
Tue Oct 08, 2013 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional vs. Roth 401k (with pensions & SS)?
Replies: 9
Views: 1320

Re: Traditional vs. Roth 401k (with pensions & SS)?

Thanks for the feedback everyone.

HouseStark wrote:As far as future savings, I would allocate a significant portion to the 401k. I base this mainly on three factors of your situation.

Based on the rest of your response, did you mean Roth above?
by Sandman62
Mon Oct 07, 2013 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Traditional vs. Roth 401k (with pensions & SS)?
Replies: 9
Views: 1320

Re: Traditional vs. Roth 401k (with pensions & SS)?

You will both be able to draw your full pensions as soon as you retire in 5 years? Yes for me, maybe for wife. Before Pension "Reform" in our state a couple years ago, my wife was eligible to retire after 28, 30 or 35 years (various % thresholds). So we had planned for her to retire at ag...
by Sandman62
Mon Oct 07, 2013 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Traditional vs. Roth 401k (with pensions & SS)?
Replies: 9
Views: 1320

Re: Traditional vs. Roth 401k (with pensions & SS)?

These two general guidelines I've read seem to conflict and have me confused because they both apply to us: 1. If you expect to be in a lower tax bracket during retirement, use traditional. - We're in 28 now, but will be in 25 during retirement (with little/no ability to reduce, due to pensions). 2...
by Sandman62
Sun Oct 06, 2013 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Traditional vs. Roth 401k (with pensions & SS)?
Replies: 9
Views: 1320

Traditional vs. Roth 401k (with pensions & SS)?

I've read the wiki and several threads here already. But I'm looking for a little specific guidance on our situation please. • Married, file jointly: o Me: age almost 51 o Wife: 50 • Aiming to retire in nearly 5 years • Salary: $186k o Me: $105k o Wife: $81k • Marginal tax bracket: 28% • Retirement ...
by Sandman62
Mon Sep 30, 2013 10:15 am
Forum: Investing - Help with Personal Investments
Topic: How Close Are You To Your Number and Financial Independence?
Replies: 71
Views: 8018

Re: How Close Are You To Your Number and Financial Independe

Greenie wrote: "There are a lot of uncertainties in life beyond money. These are the healthiest years right now. I am not getting younger. If you are calling your own retirement there has to be tipping point. I can see the finish line but the mojo is waning." You have given voice to how s...
by Sandman62
Sun Sep 22, 2013 7:53 am
Forum: Investing - Help with Personal Investments
Topic: How much risk do I NEED to take?
Replies: 51
Views: 5553

Re: How much risk do I NEED to take?

SS says benefits will be cut 25% if absolutely nothing is done to fix SS and benefits are cut across the board to make it sustainable for the next 100 years thru the current payroll tax. So that is a worst case scenario. Nothing wrong with looking at a worst case, but I wouldn't make that my base c...
by Sandman62
Mon Jun 24, 2013 3:03 pm
Forum: Personal Consumer Issues
Topic: Auto Seat Covers
Replies: 3
Views: 546

Re: Auto Seat Covers

Image
by Sandman62
Wed May 22, 2013 10:14 am
Forum: Personal Finance (Not Investing)
Topic: College costs, anyone else spit coffee on their monitor?
Replies: 151
Views: 12902

Re: College costs, anyone else spit coffee on their monitor?

Restored from cache: HardKnocker wrote: Whether you pay in cash, borrow the money, work while attending, or whatever, the actual cost for a private college education is ridiculous. It only makes sense for those smart enough to get academic scholarships or those talented in other ways (athletics, sp...