Search found 4545 matches

by Sheepdog
Sat Mar 25, 2017 7:49 am
Forum: Personal Consumer Issues
Topic: Buying Sunglasses
Replies: 18
Views: 1643

Re: Buying Sunglasses

Did you ask your opthamologist? That is to whom you should.
I will say though, with my cataracts corrected, I use prescription polaroid greem lense sunglasses with UV protection.
Once again, ask your doctor.
by Sheepdog
Thu Mar 23, 2017 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: How did you do your income taxes?
Replies: 96
Views: 3495

Re: How did you do your income taxes?

I have always completed my tax returns myself. Would you believe that in the 40s and early 50s a standard tax return was a simple post card? (Did I hear someone here say "What's a post card?") In early years, before computers, I completed my tax returns by hand, even with complicated tax s...
by Sheepdog
Tue Mar 21, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: What's your strategy for withdrawing funds in Retirement ?
Replies: 45
Views: 4174

Re: What's your strategy for withdrawing funds in Retirement ?

My basic strategy for withdrawal (no pension) at age 65. I set a goal of 4.5% average withdrawal and not adjust for inflation...(have more, I can spend more. have less, try to spend less.) 1. From taxable first and until RMD 2. Started converting a small percentage IRAs to Roth at the beginning of r...
by Sheepdog
Tue Mar 21, 2017 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Pre-Retirement Income & Post Retirement Expenses
Replies: 15
Views: 915

Re: Pre-Retirement Income & Post Retirement Expenses

A comparison of pre-retirement income and post retirement expenses is not a valid comparison in my opinion, as others have said, you may be putting of your income into savings and higher taxes. A valid comparison is pre-retirement expenses versus post retirement expenses. For example, in my last yea...
by Sheepdog
Sun Mar 19, 2017 1:15 pm
Forum: Investing - Theory, News & General
Topic: Roth Conversion and Strategy
Replies: 13
Views: 1002

Re: Roth Conversion and Strategy

Conversion works best for people who are retired and have taxable accounts that they can live off. This allows them to report no income unless they have a pension or SS. You can then convert however much from the IRAs into a Roth so long as it does not increase your marginal income tax rate above t...
by Sheepdog
Sun Mar 19, 2017 12:27 pm
Forum: Personal Consumer Issues
Topic: Valspar mix Reserve and Optimus
Replies: 2
Views: 229

Re: Valspar mix Reserve and Optimus

I do not have experience with either of these products. However, I spent my career in paint research and manufacturing so I have some outside experience. I would believe that the two products will have a different appearance, hiding, washability, possibly sheen and durability. Paint companies usuall...
by Sheepdog
Sat Mar 18, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation in Retirement - Me 100% Stocks.
Replies: 53
Views: 2915

Re: Asset Allocation in Retirement - Me 100% Stocks.

Since I live off of my assets in retirement, I could never live with a high stock allocation. To protect my income and my psyche, I have to be low equity. After retiring, I gradually reduced to 22% stock by age 78 where I have remained. Even at that allocation and taking out for needs, there has bee...
by Sheepdog
Thu Mar 16, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare and Costs after employer insurance ends
Replies: 28
Views: 1669

Re: Medicare and Costs after employer insurance ends

This is a copy of what I wrote earlier this year for another similar question. Perhaps this may be of assistance. It includes our total medical costs for the 5 year period up to 2015 and an addendum to include 2016. We are a retired couple, ages 82 and 75 at the end of 2015. Our out of pocket medica...
by Sheepdog
Sun Mar 12, 2017 12:40 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 18296

Re: How Bad was 2008, really?

There's a reason that my grandparents had to be convinced to not literally hide their money under the mattress; living through the Depression was that bad. As was the case of my parents. They lost everything in the Depression...our home in about 1936, their savings (before that), his job (also in a...
by Sheepdog
Sun Mar 12, 2017 7:51 am
Forum: Investing - Help with Personal Investments
Topic: How Many Of You Listen To The Noise?
Replies: 19
Views: 1180

Re: How Many Of You Listen To The Noise?

I hear the noise sometimes, but never listen.
by Sheepdog
Fri Mar 10, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Total Annual Expenses
Replies: 57
Views: 3898

Re: Total Annual Expenses

NOT INCLUDING STATE AND FEDERAL INCOME TAXES OR CHARITABLE DONATIONS our expenses (in retirement) were, 2016..$43,442 2015..$52,811 Since the subject of expenses in retirement dropping or not, here is ours for select past years (also not including auto purchases, large remodeling jobs or vacations w...
by Sheepdog
Wed Mar 08, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 6917

Re: How much do you spend on food in a year?

Who will be the first one to answer this question? Why do you think our restaurant spending was down in 2008? Less people were eating out because they couldn't afford it so restaurants were reducing their prices? OR Sheepdog was going to restaurants slightly less because the recession was making hi...
by Sheepdog
Wed Mar 08, 2017 3:14 am
Forum: Personal Consumer Issues
Topic: How to Die
Replies: 167
Views: 22575

Re: How to Die

My spouse and I have discussed this several times. I don't want to have needless extraordinary life extending treatment, and I don't want my wife and children to have to see me go through the extreme pain and suffering from something like pancreatic and liver cancer which my father had to endure whe...
by Sheepdog
Wed Mar 08, 2017 2:29 am
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 6917

Re: How much do you spend on food in a year?

I have already reported our food expenses for the last 5 years. I will add a twist, just for the practice. How has inflation changed our food spending in the last 16 years? We haven't changed our diets or restaurant practices very much, if at all. GROCERIES......... 2000 $4,025 2008 $5,299 2009 $5,6...
by Sheepdog
Mon Mar 06, 2017 12:38 pm
Forum: Investing - Theory, News & General
Topic: The Ultimate Guide to Safe Withdrawal Rates: A 2000-2016 case study
Replies: 31
Views: 4304

Re: The Ultimate Guide to Safe Withdrawal Rates: A 2000-2016 case study

No one really knows what a safe withdrawal rate is in general or for a specific person/couple. Back tested data may not resemble the future, individual and couple's actual life expectancy is rough guesswork, unexpected expenses often occur in retirement, inflation, interest rates, equity markets, t...
by Sheepdog
Mon Mar 06, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Pay ibonds taxes on interest now or later?
Replies: 22
Views: 1297

Re: Pay ibonds taxes on interest now or later?

When your i bond matures do you have to pay the tax then or can you wait a couple years until you cash it.Or does it automatically cash out?My wife has 3 10,000 bonds bought in 2002 at the 3 pct rate.I was thinking one bond a year.They have already more than doubled. The tax is due in the year of f...
by Sheepdog
Mon Mar 06, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: How often do you discuss finances and spending with your spouse?
Replies: 60
Views: 3279

Re: How often do you discuss finances and spending with your spouse?

I take care of all bill paying and investing (in retirement). We talk about how we are doing regularly. That is important in a relationship. She is happy with that as long as we are doing well :D
by Sheepdog
Mon Mar 06, 2017 8:11 am
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 6917

Re: How much do you spend on food in a year?

We are an older retired couple. This is our spending history. Grocery store spending, includes sundries, but no alcohol, from Aldi (about 75%) and Kroger (about 25%) 2016 $6085 (Interesting that I did not realize that grocery inflation was that much in 2016!!) 2015 $5478 2014 $5192 2013 $5209 2012 $...
by Sheepdog
Sun Mar 05, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: The Joys Of Tax Season! :(
Replies: 55
Views: 3847

Re: The Joys Of Tax Season! :(

Choy wrote:This is going to sound crazy, but I actually enjoy doing taxes for the most part. :shock:

Me too...to the point where I do them for friends of mine and my wife. It keeps my ole mine active a little bit too. :!:
by Sheepdog
Sun Mar 05, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Pay ibonds taxes on interest now or later?
Replies: 22
Views: 1297

Re: Pay ibonds taxes on interest now or later?

Let's see, mine will mature n 2030 to 2032 and I will be close to 100 Tax will be due for a couple of hundred thousand and more. Either I will have a heckuva income tax bill then (I pay no taxes now) or my children will have to pay it. I hadn't thought a lot about that. Maybe I should start cashing ...
by Sheepdog
Sun Mar 05, 2017 9:24 am
Forum: Personal Consumer Issues
Topic: Do Boglehead DIY or Pay a Professional?
Replies: 95
Views: 6965

Re: Do Boglehead DIY or Pay a Professional?

Becoming an octogenarian has changed some things. I would DIY most things because I hated to pay someone to do something I could do myself (I am cheap). I always enjoyed the challenge and felt that I would do it better because it is mine. I would DIY all painting interior and exterior, oil changing,...
by Sheepdog
Sat Mar 04, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!
Replies: 68
Views: 7542

Re: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!

How exactly do QCD's work with RMDs? For example, if I have to take a RMD of $10,000 and pay $5,000 as a QCD to charity, does this lower my AGI by $5,000? I cannot take charitable contributions as well as QCD. I cannot quite visualize how this will help me except that if will lower my MAGI for Medi...
by Sheepdog
Sat Mar 04, 2017 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Poor Aging couple financing
Replies: 19
Views: 2405

Re: Poor Aging couple financing

Search on the internet for benefits offered to seniors using such words as "Senior benefits Indiana" (use your state's name, of course) You may find health and financial benefits you do not know about, even free tax return filings, transportation and housing assistance. Health insurance an...
by Sheepdog
Sat Mar 04, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!
Replies: 68
Views: 7542

Re: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!

Since 2003, in retirement, I have paid a total of $2300 in federal income tax and would not have had that if I did not occasionally convert additional to Roth IRAs. Most years I paid none. For 2016 it was zero again. It is easy to not have to pay federal income tax when you receive only Social Secur...
by Sheepdog
Fri Mar 03, 2017 8:44 am
Forum: Personal Consumer Issues
Topic: When & how much to donate?
Replies: 94
Views: 4915

Re: When & how much to donate?

This is a very personal decision. Our giving prior to retiring, in our saving for retirement years was very conservative. Our giving has increased dramatically since retiring and continuing to watch our nest egg grow as we aged. For example, we gave $2,500 IN 2000 and 2001 in early retirement and th...
by Sheepdog
Fri Mar 03, 2017 8:35 am
Forum: Personal Consumer Issues
Topic: Has anyone experience issues putting tile floors in older home?
Replies: 8
Views: 682

Re: Has anyone experience issues putting tile floors in older home?

You didn't say what is "older". I will say that I had tile floors installed in our 1972 built home with a ventilated, not insulated. crawl space (replacing linoleum on non-insulated plywood) in the entrance foyer, kitchen and breakfast area and two baths in 2010. The important thing for it...
by Sheepdog
Fri Mar 03, 2017 2:15 am
Forum: Investing - Theory, News & General
Topic: How to 'deal' with large swings in withdrawals when using VPW?
Replies: 26
Views: 1778

Re: How to 'deal' with large swings in withdrawals when using VPW?

resulting in a 2009 lowered withdrawal plan to 3.1% which was, obviously, on a much lower investment balance. VPW ("Variable Percentage Withdrawals", as described in the wiki https://www.bogleheads.org/wiki/Variable_percentage_withdrawal) never tells you to withdraw 3.1%. The lowest perce...
by Sheepdog
Fri Mar 03, 2017 1:40 am
Forum: Investing - Theory, News & General
Topic: How to 'deal' with large swings in withdrawals when using VPW?
Replies: 26
Views: 1778

Re: How to 'deal' with large swings in withdrawals when using VPW?

It may be personality but I have found VPW to be my only way to provide for our needs and wants in my 17 + years retired. It takes discipline, but having been an engineer and factory manager thru decades of business feast and famine, hiring and firing, that discipline was in my psyche. I picked a wi...
by Sheepdog
Thu Mar 02, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Balanced index fund or Wellesley for a "set it and forget it" newbie?
Replies: 19
Views: 1775

Re: Balanced index fund or Wellesley for a "set it and forget it" newbie?

What checking account do you have earning 2.65%?? I doubt if this is OP's bank, but a search found: Coulee Bank in Wisconsin is offering a high yield checking account paying 2.65% on up to $15,000 balance and you meet certain requirements...https://www.couleebank.net/checking-savings/personal-check...
by Sheepdog
Thu Mar 02, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Timing the Market (just once)
Replies: 37
Views: 2693

Re: Timing the Market (just once)

This bull market began on March 9, 2009 and the market grew 298% thru January 31, 2017 (94 months) (and more since...I haven't calculated.). Does that mean that a bear market start is very close? ? ? not so fast.. The bull market which began on October 11, 1990 lasted until March 24, 2000, or 113 mo...
by Sheepdog
Thu Mar 02, 2017 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Question for Retired Members--life mistakes
Replies: 64
Views: 8425

Re: Question for Retired Members--life mistakes

Biggest mistake? Nothing to do with finances. It would be my, sorry to say, obsessing for such a long time over a girl who jilted me. And she she ended up divorcing her two husbands. Whew!!!! 8-) Thank you for that, woman. Look what I got instead...a jewel of a love who put up with me. I was blessed...
by Sheepdog
Wed Mar 01, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: modeling expected healthcare costs with Medicare
Replies: 37
Views: 1450

Re: modeling expected healthcare costs with Medicare

This is a copy of what I wrote earlier this year for another similar question. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=210863 Perhaps this may be of assistance. It includes our total medical costs for the 5 year period up to 2015 and an addendum to include 2016. I wrote this in earl...
by Sheepdog
Wed Mar 01, 2017 5:20 am
Forum: Investing - Theory, News & General
Topic: Treating I-Bonds as Long-term Bond Holdings
Replies: 19
Views: 2031

Re: Treating I-Bonds as Long-term Bond Holdings

I felt the same way on all of your points when I purchased mine in the early 2000s, a couple of years following retirement.
by Sheepdog
Tue Feb 28, 2017 4:48 pm
Forum: Forum Issues and Administration
Topic: Links posted by new members...How do we know if safe?
Replies: 10
Views: 1050

Re: Links posted by new members...How do we know if safe?

Good advice and comments. Thank you.
by Sheepdog
Tue Feb 28, 2017 1:56 pm
Forum: Forum Issues and Administration
Topic: Links posted by new members...How do we know if safe?
Replies: 10
Views: 1050

Re: Links posted by new members...How do we know if safe?

Ellie, I do have Malware and virus protection, but I still wondered if a posted link by someone on Bogleheads contain an infection? Am I to assume that they could be?
by Sheepdog
Tue Feb 28, 2017 1:34 pm
Forum: Forum Issues and Administration
Topic: Links posted by new members...How do we know if safe?
Replies: 10
Views: 1050

Links posted by new members...How do we know if safe?

A new member posted a thread about mold in duct work https://www.bogleheads.org/forum/viewtopic.php?f=11&t=212396&newpost=3259805 in which there was a link to look at the "mold". In opening the link, there was a photo, but there were other photos not related to the problem. So, her...
by Sheepdog
Tue Feb 28, 2017 12:48 pm
Forum: Personal Consumer Issues
Topic: Does anyone know if this is mold? Would this mean replacing all air ducts?
Replies: 22
Views: 2215

Re: Does anyone know if this is mold? Would this mean replacing all air ducts?

It sure looks like mold to me, and it needs to be cleaned out of your ducts by a professional. But you don't need to replace the ducts. The pro can clean them out. I agree completely. They will check them and clean them. I would have them check your house completely including basement, crawl space,...
by Sheepdog
Tue Feb 28, 2017 3:50 am
Forum: Investing - Theory, News & General
Topic: Time to invest
Replies: 18
Views: 1959

Re: Time to invest

There are others like you. Here is one active conversation, one of many over the last 5 years who thought that the stock market was too high and the bond market is too bloated, https://www.bogleheads.org/forum/viewtopic.php?f=1&t=212329&newpost=3259097. Your question is the same as that pers...
by Sheepdog
Sun Feb 26, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: Train Trip
Replies: 17
Views: 1462

Re: Train Trip

In my lifetime, I have taken many train trips local and cross country, but most of that was when train travel was the norm. (In my teens, my father worked on the railroad so he and/or his family members had free passes. As I teen, I could get on the train by myself almost anytime, ride for a few hun...
by Sheepdog
Sun Feb 26, 2017 8:53 am
Forum: Investing - Theory, News & General
Topic: Compounding under the microscope.
Replies: 89
Views: 6823

Re: Compounding under the microscope.

We all know it's not magic and it's just math, but where does the 'magic' come from? This 'ability to shrink time' is what's perceived/imagined to be 'magic'. Nothing wrong with that. No compounding is not magic, it's just math, but when you see the result over time, it's vision stands out. When I ...
by Sheepdog
Sat Feb 25, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Kids in Apartment Sharing Bedroom - Workable?
Replies: 55
Views: 3464

Re: Kids in Apartment Sharing Bedroom - Workable?

I shared a bedroom with my brother for 15+ years and was fine we actually were closer later in life. +1 My brother and I also shared a bedroom for years. Was very normal. I did it with my sister until she moved out at age 20. And we had one small closet and one chest of drawers and room under our t...
by Sheepdog
Sat Feb 25, 2017 10:20 am
Forum: Investing - Theory, News & General
Topic: Oscillating withdrawal rate - OWR
Replies: 10
Views: 830

Re: Oscillating withdrawal rate - OWR

Swampy, we may have acted similar to you. Isn't OWR another name for variable withdrawal rate? My 18 year withdrawal rate has certainly oscillated, but that was expected, so planned for. For me, planning for a big vacation in Europe or Asia, new autos, or buying and maintaining a lake cottage (all o...
by Sheepdog
Sat Feb 25, 2017 1:54 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lousy Customer Service
Replies: 84
Views: 5816

Re: Vanguard Lousy Customer Service

bondsr4me wrote:
pennstater2005 wrote:I would move on. Nothing is worth stressing that much over.


+1

probably the best thing to do to keep OP's sanity.

+2
by Sheepdog
Sat Feb 25, 2017 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Talking with parents' financial advisor
Replies: 52
Views: 4551

Re: Talking with parents' financial advisor

TOJ wrote:

Well put! My dad is never going to listen to me.


Indeed! On finances, I wouldn't listen to my children either. They are too young to know anything about that. They are only 53 and 47.
by Sheepdog
Thu Feb 23, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: Which puppy to buy: golden retriever or labrador retriever?
Replies: 120
Views: 6790

Re: Which puppy to buy: golden retriever or labrador retriever?

A PET'S TEN COMMANDMENTS 1. My life is likely to last 10-15 years. Any separation from you is likely to be painful. 2. Give me time to understand what you want of me. 3. Place your trust in me. It is crucial for my well-being. 4. Don't be angry with me for long and don't lock me up as punishment. Yo...
by Sheepdog
Tue Feb 21, 2017 7:19 pm
Forum: Personal Consumer Issues
Topic: How to stop AMEX card offers being mailed to me?
Replies: 11
Views: 993

Re: How to stop AMEX card offers being mailed to me?

Go to the credit card opt-out screen: https://www.optoutprescreen.com/?rf=t where you can opt-out from all credit card offers. I haven't had one for a decade since signing on.
by Sheepdog
Tue Feb 21, 2017 9:03 am
Forum: Personal Consumer Issues
Topic: Which puppy to buy: golden retriever or labrador retriever?
Replies: 120
Views: 6790

Re: Which puppy to buy: golden retriever or labrador retriever?

BW1985 wrote:Neither. You don't need to buy a dog, dogs are free other than maybe an adoption fee. Supply much much greater than demand, unfortunately.

Thank you for that comment. :thumbsup
by Sheepdog
Tue Feb 21, 2017 8:39 am
Forum: Personal Consumer Issues
Topic: Which puppy to buy: golden retriever or labrador retriever?
Replies: 120
Views: 6790

Re: Which puppy to buy: golden retriever or labrador retriever?

Both of those are fun breeds to love and be loved by. They are active and need to run a lot to be happy and healthy. Please consider adopting from a breed specific rescue group rather than from a puppy farm. Some are young and already trained. Some are seniors, looking for the final forever home. Yo...
by Sheepdog
Sun Feb 19, 2017 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: How do you invest the proceeds [from your RMD?]
Replies: 22
Views: 1880

Re: How do you invest the proceeds [from your RMD?]

I usually transfer the RMD amount into a money market fund within the IRA, then send a letter to Vanguard with a list of qualified charities that I plan to donate to for the entire year. If you make them aware that these will be Qualified Charitable Deductions, they will mail you the checks and you...

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