Search found 317 matches

by Scorpion
Thu Apr 20, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Decision on Reallocating Kids 529s
Replies: 2
Views: 381

Decision on Reallocating Kids 529s

So I have 529 funds for my kids located in two states' plans: Wisconsin (where we reside) and West Virginia (to take advantage of DFA funds availability, which seemed like a good idea in 2006 or so). We have been depositing only in WI for a number of years now (taking advantage of tax deduction), bu...
by Scorpion
Thu Mar 02, 2017 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 17494

Re: Possibly Financially Independent and Feeling Miserable

Random Poster, If you read other recent posts I have made, you will see that we are in highly similar situations. I think the very next thing you need to do is order this book and read it, and do the thinking exercises in it as necessary. Unlike you, I do have a lot of hobbies, but I was still worri...
by Scorpion
Tue Feb 28, 2017 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: New Target Asset Allocation for Early Retirement (long)
Replies: 11
Views: 1421

Re: New Target Asset Allocation for Early Retirement (long)

I am not sure you should consider your real estate holdings when calculating your aa. See this previous thread, particularly Rick Ferri's reply. https://www.bogleheads.org/forum/viewtopic.php?t=88865 Thanks for the point to that thread. Owning interests in particular real estate projects (apartment...
by Scorpion
Tue Feb 28, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: New Target Asset Allocation for Early Retirement (long)
Replies: 11
Views: 1421

Re: New Target Asset Allocation for Early Retirement (long)

Providing a bump for a well thought out post (probably too well thought out so there's nothing obvious for folks to point out). The annual limits will prevent it from having an immediate impact on your portfolio in terms of proportionality, but since you're inclined to invest in TIPS and you're lac...
by Scorpion
Tue Feb 28, 2017 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: New Target Asset Allocation for Early Retirement (long)
Replies: 11
Views: 1421

Re: New Target Asset Allocation for Early Retirement (long)

I'll throw some comments your way. I get the impression that you like playing around with your investments and that it's fun for you. That's great....I like doing that myself. I'm sure you'll see others suggesting that it's overly complicated and that you could go to a 3 fund portfolio and see very...
by Scorpion
Tue Feb 28, 2017 8:50 am
Forum: Investing - Help with Personal Investments
Topic: New Target Asset Allocation for Early Retirement (long)
Replies: 11
Views: 1421

Re: New Target Asset Allocation for Early Retirement (long)

(bump) Hey guys, any thoughts on this? It took me a long time to draft up my post - would love any thoughts! If you think I am on the right track, even that would be helpful.
by Scorpion
Mon Feb 27, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: New Target Asset Allocation for Early Retirement (long)
Replies: 11
Views: 1421

New Target Asset Allocation for Early Retirement (long)

Fellow Bogleheads, I have announced my early retirement at my company, and I’m working with them to establish a last day of work. Thanks for all your help over the years in terms of saving and investment advice! I have been putting in a lot of work trying to figure out my post-retirement asset alloc...
by Scorpion
Wed Feb 08, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: How bad is FTSE ex-US small cap in taxable?
Replies: 26
Views: 2198

Re: How bad is FTSE ex-US small cap in taxable?

On a fundamental level, would you say that you would put VSS in tax-advantaged instead of say VTRIX (Vgd International Value) or an Interm Term Bond Fund? I assumed both of those latter ones deserve to be in tax-advantaged more than VSS (and as a result, I have a ton of VSS in taxable, with those o...
by Scorpion
Wed Feb 08, 2017 4:32 pm
Forum: Investing - Theory, News & General
Topic: Historical Portfolio Returns Calculator
Replies: 7
Views: 630

Re: Historical Portfolio Returns Calculator

Thanks everybody. These were exactly what I was looking for. Definitely understand past performance is no prediction of future results, but I really need to lock in on an asset allocation for pending retirement so that I can stay the course as I have for the last 17+ years. I find that, as I have st...
by Scorpion
Wed Feb 08, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: How bad is FTSE ex-US small cap in taxable?
Replies: 26
Views: 2198

Re: How bad is FTSE ex-US small cap in taxable?

On a fundamental level, would you say that you would put VSS in tax-advantaged instead of say VTRIX (Vgd International Value) or an Interm Term Bond Fund? I assumed both of those latter ones deserve to be in tax-advantaged more than VSS (and as a result, I have a ton of VSS in taxable, with those o...
by Scorpion
Wed Feb 08, 2017 1:31 pm
Forum: Investing - Theory, News & General
Topic: Historical Portfolio Returns Calculator
Replies: 7
Views: 630

Historical Portfolio Returns Calculator

Is there a tool on the web somewhere that would let me put in a hypothetical asset allocation across the 9 style boxes plus bonds and it would produce the historical return of that AA over a specified time period? I am sure there must be such a calculator, but I have never stumbled across it. Though...
by Scorpion
Wed Feb 08, 2017 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: How bad is FTSE ex-US small cap in taxable?
Replies: 26
Views: 2198

Re: How bad is FTSE ex-US small cap in taxable?

On a fundamental level, would you say that you would put VSS in tax-advantaged instead of say VTRIX (Vgd International Value) or an Interm Term Bond Fund? I assumed both of those latter ones deserve to be in tax-advantaged more than VSS (and as a result, I have a ton of VSS in taxable, with those ot...
by Scorpion
Wed Feb 08, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: WSJ Digital Subscription - a bargain!
Replies: 40
Views: 9834

Re: WSJ Digital Subscription - a bargain!

I just subscribed to the digital version of the WSJ through an agency, Daily Subscription Agency (http://dailysubscription.com/). I paid $139.99 for two years, an absolute bargain. Since I was very fearful that it may be a fraud, I used my PayPal, which supposedly protects me. About 12 hours later ...
by Scorpion
Tue Jan 24, 2017 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: minimum necessary to retire at defined expense level
Replies: 37
Views: 3752

Re: minimum necessary to retire at defined expense level

These are helpful responses that indicate I have more than enough. Thank you. Still a little worried about the sequence of returns risk, but I shouldn't be, I guess, since I make it to the end even if the sequence goes horrendously against me. If you have more than enough you've "won the game&...
by Scorpion
Tue Jan 24, 2017 11:30 am
Forum: Investing - Help with Personal Investments
Topic: minimum necessary to retire at defined expense level
Replies: 37
Views: 3752

Re: minimum necessary to retire at defined expense level

Thanks for all the thoughts so far. I shouldn't have even put in my musings on dividends - I knew it was probably wrong, but I checked a couple of stocks quickly to see what they did in the downturn, saw they didn't decrease their dividends, and decided to see what people thought. A quick search a f...
by Scorpion
Mon Jan 23, 2017 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: minimum necessary to retire at defined expense level
Replies: 37
Views: 3752

Re: minimum necessary to retire at defined expense level

These are helpful responses that indicate I have more than enough. Thank you. Still a little worried about the sequence of returns risk, but I shouldn't be, I guess, since I make it to the end even if the sequence goes horrendously against me. Quick somewhat related question that I can post in a new...
by Scorpion
Mon Jan 23, 2017 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Imminent Early Retirement - Asset Allocation?
Replies: 11
Views: 1874

Re: Imminent Early Retirement - Asset Allocation?

Nedsaid, Not sure how likely you are to read this a couple weeks out from last post date, but I thought I would respond a little bit to your last thoughts and pose a question or two. 1. I do have umbrella liability insurance. 2. Making a giant shift to bonds as you mention scares me. If I move all r...
by Scorpion
Mon Jan 23, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: minimum necessary to retire at defined expense level
Replies: 37
Views: 3752

minimum necessary to retire at defined expense level

So I'm reluctant to post my exact asset dollar figures, but I thought I would go at the question another way. I'm getting very close to early retirement, and I just want to make sure I have enough (getting a little more nervous the closer it gets = 1 month away from announcing to my company). I post...
by Scorpion
Thu Jan 12, 2017 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Imminent Early Retirement - Asset Allocation?
Replies: 11
Views: 1874

Re: Imminent Early Retirement - Asset Allocation?

Buy some low cost 20 year term life insurance for each of you and your wife. At your age it should be very cheap. I bet you can get $200K or more in insurance for less than $1K total per year. Then if something should happen to one or both of you your kids have more $$ safety and you have more $$ f...
by Scorpion
Thu Jan 12, 2017 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Imminent Early Retirement - Asset Allocation?
Replies: 11
Views: 1874

Re: Imminent Early Retirement - Asset Allocation?

I think a 60% stock/40% bonds portfolio, the traditional balanced portfolio, is a good one for most investors and the maximum that I would recommend for retirees. My standard portfolio advice for recent retirees would be 60/40 if you have pension income, 50/50 is a good retiree portfolio, and perha...
by Scorpion
Thu Jan 12, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Imminent Early Retirement - Asset Allocation?
Replies: 11
Views: 1874

Re: Imminent Early Retirement - Asset Allocation?

Some will chime in and say "If you have won the game, why keep playing?" But if you're looking at the potential for a 50+ year retirement, your best bet is to be heavy in equities. This SWR series from a Ph.D. economist was featured here recently, and it shows the best likelihood of your ...
by Scorpion
Wed Jan 11, 2017 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Quick question on capital gains at low income levels
Replies: 6
Views: 441

Re: Quick question on capital gains at low income levels

[/quote] Consider that capital gains are included in deciding what tax bracket to apply to capital gains. The effect is incremental and you are only taxed on gains that put you over the bracket. There is never a cliff in tax bracket arithmetic. I may be explaining that badly, but your fear is not ju...
by Scorpion
Wed Jan 11, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Quick question on capital gains at low income levels
Replies: 6
Views: 441

Re: Quick question on capital gains at low income levels

Carrying over losses is not a choice. You have to offset losses and gains from the start. The right strategy is not to have both losses and gains in the same year when you are in that 0% tax bracket. If these are sales that already happened last year I am afraid your losses will be offset to no adv...
by Scorpion
Wed Jan 11, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Quick question on capital gains at low income levels
Replies: 6
Views: 441

Quick question on capital gains at low income levels

If you are below the ~$73K taxable income level where LTCG rates are zero, what happens to your capital losses that would otherwise reduce gains? I assume they are lost. For example, let's say I have 40K of gains and 20k of losses, all long-term, and taxable income for MFJ is less than 73K. Do we ne...
by Scorpion
Tue Jan 10, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Imminent Early Retirement - Asset Allocation?
Replies: 11
Views: 1874

Imminent Early Retirement - Asset Allocation?

So I am on track to announce my early retirement plans in about a month, and I anticipate perhaps a month of "glory run" work before they let me leave... and then I'm gone. I figured maybe it was time to start thinking about how, if at all, to transition my AA in retirement. My wife and I ...
by Scorpion
Thu Aug 25, 2016 9:31 am
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 3171

Re: Bonds, Aversion to Market Timing, and FIRE'ing

Unless I missed it, no one directly responded to the notion of whether to hold bonds in taxable versus retirement accounts. As I thought about a little bit, the answer seemed obvious - hold them in retirement accounts in all events. Presumably, if I would ever need the money from bonds at all, I wou...
by Scorpion
Thu Aug 25, 2016 8:24 am
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 3171

Re: Bonds, Aversion to Market Timing, and FIRE'ing

I understand the need to manage risk in bond funds. A way to do that and still participate in decent yields is to choose a fund duration that you can feel comfortable with and provides decent amount of income for the risk. In my opinion, I think intermediate duration bond funds with durations aroun...
by Scorpion
Tue Aug 16, 2016 6:08 pm
Forum: Investing - Theory, News & General
Topic: Question on Inflation
Replies: 23
Views: 1994

Re: Question on Inflation

[/quote] I don't understand the above comparison. One is nominal and one is real, so they shouldn't be the same. Are they both supposed to be balances in your account after 10 years, taking into account expenses and increases in value of assets?[/quote] Yes, exactly. I know they are not supposed to ...
by Scorpion
Tue Aug 16, 2016 5:10 pm
Forum: Investing - Theory, News & General
Topic: Question on Inflation
Replies: 23
Views: 1994

Re: Question on Inflation

My struggle is that there is a huge difference in the projection depending on 1 or 2. Assume $2M in assets, $100k of expenses and 2% inflation and 8% nominal return on assets (including dividends). Assume no tax effects. After 10 years, you get the following results: Reduce assets by 2% a year: $2,1...
by Scorpion
Tue Aug 16, 2016 2:04 pm
Forum: Investing - Theory, News & General
Topic: Question on Inflation
Replies: 23
Views: 1994

Re: Question on Inflation

Thanks for the responses so far. To be clear, I do understand inflation and the fact that it can vary year to year and is not constant (and could be different for me personally). Those small variations will have much less impact than whether I do 1, 2 or 3 above - does everyone agree with sport's an...
by Scorpion
Tue Aug 16, 2016 11:50 am
Forum: Investing - Theory, News & General
Topic: Question on Inflation
Replies: 23
Views: 1994

Question on Inflation

So, in connection with preparations to retire, I am working on a chart to track (a) how my investments (along with spouse's salary) will pay my annual expenses and (b) how my investments will continue to grow, given various assumptions. I am a bit confused as to how to factor in inflation though. On...
by Scorpion
Mon Aug 15, 2016 10:53 am
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 3171

Re: Bonds, Aversion to Market Timing, and FIRE'ing

I'm not at all saying I can't be convinced on bonds. It's just hard to stomach 2% yields. Based on a few seconds of research, it would appear that 5 year CDs are yielding the same (2%) as bond funds - not very enticing. What would be great if bond interest rates went up a few percentage points in ju...
by Scorpion
Fri Aug 12, 2016 11:04 am
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 3171

Re: Bonds, Aversion to Market Timing, and FIRE'ing

Thanks for these continued thoughts. The "stop playing when you've won" point is definitely some food for thought. I guess there's the vague notion that it would always be nice to have "more," but yeah, no good reason, really. Any thoughts on the tax approach? do the bonds go in ...
by Scorpion
Thu Aug 11, 2016 4:20 pm
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 3171

Re: Bonds, Aversion to Market Timing, and FIRE'ing

Declines in the price of a bond fund decrease total return in the year they happen, but over time the higher interest rates reward the owner. PJW But if like 1940s or 1950s through 1980s yields do not keep up with inflation and higher interest happens year after year after year and you do not catch...
by Scorpion
Thu Aug 11, 2016 4:13 pm
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 3171

Re: Bonds, Aversion to Market Timing, and FIRE'ing

Well, I guess it is accurate that I haven't really considered how BIG the downside is on bonds. I have been at my current AA for so many years (rebalancing between equity types) that I never even consider bonds. It's hard for me to get over the fact that the s&P 500 index fund and the Interm-Ter...
by Scorpion
Thu Aug 11, 2016 2:48 pm
Forum: Investing - Theory, News & General
Topic: Bonds, Aversion to Market Timing, and FIRE'ing
Replies: 28
Views: 3171

Bonds, Aversion to Market Timing, and FIRE'ing

So I am starting to draw near to early retirement, thanks in large part to the ideas espoused on this board (index funds, stay the course, live below your means, etc) and the help of many folks on this board over the years. One piece of advice I have never really heeded, though. Any time I posted on...
by Scorpion
Sat Jul 02, 2016 5:41 am
Forum: Personal Finance (Not Investing)
Topic: Alternatives to Quicken 2016?
Replies: 58
Views: 13011

Re: Alternatives to Quicken 2016?

Sorry for resurrecting this, but since i was the original poster, I just wanted to post and let everyone know that Quicken 2016 has worked nearly flawlessly for me, despite a lot of the concerns I had seen online. I had to get online connectivity fixed on two or three of my accounts, but that wasn't...
by Scorpion
Mon May 09, 2016 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Alternatives to Quicken 2016?
Replies: 58
Views: 13011

Re: Alternatives to Quicken 2016?

thanks for all the responses. Based on them, I decided to take a chance and just bought premier 2016 on ebay for $49. I'll make sure to backup my files thoroughly first! I have upgraded in the past by simply installing the new version and not uninstalling the old first. If anyone has any tips on doi...
by Scorpion
Sun May 08, 2016 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Alternatives to Quicken 2016?
Replies: 58
Views: 13011

Alternatives to Quicken 2016?

So I forgot that my Quicken version is 2013 - when I went to update it today, it errored out because my three year period of online updating for transactions has expired. I was surprised that Quicken Premier 2016 was $100. Have never paid even close to that much. Far worse, however, were the user re...
by Scorpion
Tue Jul 29, 2014 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Investment in Employer Projects - How Much is Too Much?
Replies: 5
Views: 839

Re: Investment in Employer Projects - How Much is Too Much?

To some of the concerns and how I have rationalized them: I have significant other assets such that I have not viewed the lack of liquidity as an issue. I think I have marketable skills such that I could get a new job if my company went under, and I think I could retire if needed. I am part of senio...
by Scorpion
Tue Jul 29, 2014 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Investment in Employer Projects - How Much is Too Much?
Replies: 5
Views: 839

Re: Investment in Employer Projects - How Much is Too Much?

Good questions. They are not publicly traded, so their values do not fluctuate like REITs. They are illiquid. The projects get refinanced after the first 2-3 years such that investors get most or all capital back but still own their interest in the project. Sale could be in first 2-3 years or concei...
by Scorpion
Mon Jul 28, 2014 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Investment in Employer Projects - How Much is Too Much?
Replies: 5
Views: 839

Investment in Employer Projects - How Much is Too Much?

My employer allows me to invest in our apartment projects on the same terms as our outside investors. Without getting into too much detail, they provide a 10% preferred return on capital before my capital is returned and project out an IRR of at least 12% per year to investors under conservative ass...
by Scorpion
Mon Jul 28, 2014 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: Wife returning to work - Wisconsin Retirement System qs
Replies: 14
Views: 1519

Re: Wife returning to work - Wisconsin Retirement System qs

Thanks for the detailed thoughts, Spencer99. It just doesn't seem worth it to do after-tax contributions. I am thinking we are going to go with the core option, even though it runs counter to all the investing I have done in my life to this point (i.e., taking lots of risk in the hopes of higher ret...
by Scorpion
Fri Jul 25, 2014 7:37 am
Forum: Investing - Help with Personal Investments
Topic: Wife returning to work - Wisconsin Retirement System qs
Replies: 14
Views: 1519

Re: Wife returning to work - Wisconsin Retirement System qs

Thanks for all the responses; this was very helpful. The Wisconsin Deferred Compensation 457 plan is not available in all districts, including my wife's as it turns out. I guess I'm leaning towards the Core at this point plus the Fidelity 403(b). I'll check back occasionally in case anyone has furth...
by Scorpion
Wed Jul 23, 2014 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Wife returning to work - Wisconsin Retirement System qs
Replies: 14
Views: 1519

Re: Wife returning to work - Wisconsin Retirement System qs

Thanks for the responses so far. 1. I have not seen anyone advocate for putting more after-tax dollars over and above the pension contribution and the 403(b) contribution. Let me know if anyone disagrees with that. 2. Sounds like 403(b) with Fidelity is the way to go. 3. Flyingbison, what was your t...
by Scorpion
Wed Jul 23, 2014 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Wife returning to work - Wisconsin Retirement System qs
Replies: 14
Views: 1519

Wife returning to work - Wisconsin Retirement System qs

My wife has recently decided to go back to work as a public school teacher. We live in Wisconsin. She has not previously worked in Wisconsin. We have substantial (>$1M) savings accumulated over many years of diligent saving. About 35% of our savings are in retirement accounts. We are in our late 30s...
by Scorpion
Thu Mar 21, 2013 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Passive Losses for State Returns - TurboTax must be wrong
Replies: 4
Views: 975

Re: Passive Losses for State Returns - TurboTax must be wron

I think you're asking 2 different questions. One, does Iowa allow passive activity losses, and two, how to enter nonresident passive activity income and losses in Turbotax. I can't answer the second, but as to the first, not all states allow passive losses, but Iowa does. As a Wisconsin resident, i...
by Scorpion
Wed Mar 20, 2013 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Passive Losses for State Returns - TurboTax must be wrong
Replies: 4
Views: 975

Re: Passive Losses for State Returns - TurboTax must be wron

I'm pretty sure my passive loss for non-resident states question is universal to most states. I think if I bought Oklahoma and Nebraska, TT would handle it the same way. Whether that same way is the right way, though, is the question. Hopefully someone has run into this before. I really don't want t...
by Scorpion
Wed Mar 20, 2013 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Passive Losses for State Returns - TurboTax must be wrong
Replies: 4
Views: 975

Passive Losses for State Returns - TurboTax must be wrong

I have a burning tax question. I tried to create a Fairmark login, but I am still waiting for their confirming email, and I know my Boglehead friends seem to know all this stuff, so I figured I would try, even though not really a tax-focused community. Here's the initial question. I have some follow...
by Scorpion
Mon Feb 18, 2013 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Premier, K-1s and Passive Activity Losses
Replies: 4
Views: 751

Re: Turbotax Premier, K-1s and Passive Activity Losses

Thanks - I didn't shell out for Premier.

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