Search found 4056 matches

by Sheepdog
Sun Feb 07, 2016 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Tax rate on IRA withdrawal when on Social Security
Replies: 28
Views: 2063

Re: Tax rate on IRA withdrawal when on Social Security

Most here cannot follow my example; especially because you may have much more saved, but by discussing my tax reduction thinking here, perhaps you and others can pick up some ideas of your own. I saw that future tax situation coming as well when I retired 17 years ago at 65 years of age, so I set my...
by Sheepdog
Sun Feb 07, 2016 8:42 am
Forum: Investing - Theory, News & General
Topic: What is your average return?
Replies: 17
Views: 1925

Re: What is your average return?

Average return 5 years (2011-15) 6.03%
Average return 10 years(2006-15) 6.06%
Average return 15 years (2001-15) 5.30%
Average return 20 years (1996-15) 6.37%

(Retired 1998. Prior to 2000 stock allocation was 50 to 65%, Since 2000 stock allocation at 100 minus age, but held at 23% stock since 2010)
by Sheepdog
Sat Feb 06, 2016 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Grandson working for me-Child labor law?
Replies: 35
Views: 1811

Re: Grandson working for me-Child labor law?

I don't know, but the Fair Labor Standards Act outlines what types of jobs kids are allowed to do, and at what ages. The point of the law is to protect young workers, so it speaks to issues like type of work, breaks and maximum hours per week. Many states add still more restrictions to the federal l...
by Sheepdog
Fri Feb 05, 2016 12:28 pm
Forum: Investing - Theory, News & General
Topic: Take the Verb Tense Pledge!
Replies: 69
Views: 3771

Re: Take the Verb Tense Pledge!

As important, if not more important, people should not say everything they think, they should think about everything they say.
by Sheepdog
Thu Feb 04, 2016 4:18 pm
Forum: Investing - Theory, News & General
Topic: If SS covers expenses why invest?
Replies: 64
Views: 4406

Re: If SS covers expenses why invest?

I don't see living off of SS only and be able to buy autos occasionally, maintaining and redecorating our home, take nice cruises or trips to foreign lands, enjoy professional and collegiate sports, entertainment, pay high medical bills, donate to good causes, enjoy restaurants, etc, etc, etc,
by Sheepdog
Thu Feb 04, 2016 1:37 pm
Forum: Personal Consumer Issues
Topic: Chicken rub
Replies: 34
Views: 2218

Re: Chicken rub

I like "Rub Your Chicken Poultry Seasoning", by Old World Spices & Seasoning. I purchase at Lowes. Again 2 days ago I roasted a whole chicken after rubbing it with the seasoning inside and out. It was delicious.
by Sheepdog
Thu Feb 04, 2016 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: What percentage of your expenses are covered by SS and/or pensions
Replies: 84
Views: 5309

Re: Retirees: What percentage of your expenses are covered by SS and/or pensions

17 years retired living off of SS and investments...no pension
2015 expenses $61,563, SS $33,500 (54% covered by SS)
2014 expenses $70,001, SS $32,938 (47% covered by SS)
by Sheepdog
Thu Feb 04, 2016 10:05 am
Forum: Personal Consumer Issues
Topic: How to stop MS loading Windows 10?
Replies: 32
Views: 2504

Re: How to stop MS loading Windows 10?

Read this from Tech Republic Automatic Windows 10 installs begin but how easy are they to stop? Microsoft's latest operating system will begin to automatically install on many home Windows 7 and 8.1 machines from now on but questions remain over how easily it can be blocked. http://www.techrepublic....
by Sheepdog
Wed Feb 03, 2016 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you retire
Replies: 84
Views: 6410

Re: What age did you retire

There was a poll similar to yours in 2014 which may be of interest. viewtopic.php?t=134823;
and another in 2008 viewtopic.php?t=12457&mrr=12023217621
by Sheepdog
Wed Feb 03, 2016 3:51 am
Forum: Personal Finance (Not Investing)
Topic: What age did you retire
Replies: 84
Views: 6410

Re: What age did you retire

Age 65. 65 was the "standard" retirement age. I just didn't even think about going out earlier.
by Sheepdog
Tue Feb 02, 2016 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Retired - do you still save?
Replies: 24
Views: 1969

Re: Retired - do you still save?

Yes, I can say I am still saving, not from new money, but from controlled spending and investment total return. I am over 17 years retired with no new money coming in beyond SS. Money has gone out somewhat more than when I was working, but not as much as the investments have earned, so I am saying t...
by Sheepdog
Tue Feb 02, 2016 11:21 am
Forum: Investing - Theory, News & General
Topic: Why do some states tax annuity premiums?
Replies: 18
Views: 2353

Re: Why do some states tax annuity premiums?

Yes, but is this state "premium" tax deductible on my federal return? You can search Google just as I just did. It took me less than 5 minutes to find this at http://www.irionline.org/government-affairs/annuities-regulation-industry-information/taxation-of-annuities where it is written Pr...
by Sheepdog
Tue Feb 02, 2016 8:25 am
Forum: Investing - Theory, News & General
Topic: Why do some states tax annuity premiums?
Replies: 18
Views: 2353

Re: Why do some states tax annuity premiums?

State Premium Tax Written by Hersh Stern, Immediate Annuities Updated Friday, January 8, 2016 Premium Taxes There are 6 states that charge a so-called “premium tax” when you buy an immediate annuity or when you annuitize a deferrred annuity. The effect of the tax is to reduce the monthly income amo...
by Sheepdog
Tue Feb 02, 2016 8:06 am
Forum: Investing - Theory, News & General
Topic: Why do some states tax annuity premiums?
Replies: 18
Views: 2353

Re: Why do some states tax annuity premiums?

I really don't understand having to pay tax to purchase an SPIA. In Indiana, I bought 2 SPIAs 3 years ago. I did not pay a tax when they were purchased, but a portion of the annual distribution is taxable as ordinary income. Where the gross annual distribution is $11,088 the taxable amount is $1,087...
by Sheepdog
Tue Feb 02, 2016 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Friend is an Edward Jones financial advisor -- should I drop him?
Replies: 51
Views: 5236

Re: Friend is an Edward Jones financial advisor -- should I drop him?

I agree with all of the above. Plus I would add, I would not want a family friend to know my personal finances. If he is a friend, he should understand that. I don't think he would want to tell you his.
by Sheepdog
Mon Feb 01, 2016 11:38 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1436
Views: 274719

Re: What Movie Have You Recently Watched?

Brooklyn....well done. The story was well written, directed and acted. And, most of the smaller audience stayed to watch the credits.
by Sheepdog
Sun Jan 31, 2016 11:56 am
Forum: Personal Finance (Not Investing)
Topic: I just paid off $145,000 in student loans in 2.5 years
Replies: 20
Views: 1653

Re: I just paid off $145,000 in student loans in 2.5 years

Wow! With a capital WOW!! Amazing. Amazing. Amazing.
by Sheepdog
Sun Jan 31, 2016 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Downward trend over?
Replies: 46
Views: 4053

Re: Downward trend over?

I don't know and did not know in other downturns in my years. You know what? I never heard of anyone who did. But, if you want a guess, (I said guess!) mine is that more downward volatility is likely to occur this year, till the fall, at least. Even though I guessed that, and because it is a guess, ...
by Sheepdog
Sat Jan 30, 2016 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: RMD (Required minimum distributions)
Replies: 17
Views: 1479

Re: RMD (Required minimum distributions)

Have good amount saved in IRA already. How can I calculate future RMD from an IRA to decide whether it is better to continue or stop 401k contributions now? Is there a calculator online that I could use? As has been asked, why is this a problem? Continuing to delay taxes on earnings is still import...
by Sheepdog
Sat Jan 30, 2016 11:20 am
Forum: Personal Finance (Not Investing)
Topic: I got let go yesterday
Replies: 40
Views: 6259

Re: I got let go yesterday

Have you signed onto job search sites such as Linkedin? Companies are looking for professional CEs like you? My son at about age 48, unexpectedly lost his engineering position about 3 years ago. He had been with that company, only about 3 years. As part of his job hunt he put his experiences onto li...
by Sheepdog
Fri Jan 29, 2016 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: EJones Advisor wants to talk!
Replies: 84
Views: 6265

Re: EJones Advisor wants to talk!

replied in error
by Sheepdog
Fri Jan 29, 2016 11:39 am
Forum: Investing - Help with Personal Investments
Topic: EJones Advisor wants to talk!
Replies: 84
Views: 6265

Re: EJones Advisor wants to talk!

EJones Advisor wants to KEEP HIS MEAL TICKET is what he wants. Fast food? Should have told her you're switching to a guy who gave you a complete dinner. :D Oh, she did that some years earlier when I was thinking of investing with them. She cast out the bait, and I bit. It took a while(after selling...
by Sheepdog
Fri Jan 29, 2016 11:28 am
Forum: Investing - Help with Personal Investments
Topic: EJones Advisor wants to talk!
Replies: 84
Views: 6265

Re: EJones Advisor wants to talk!

EJones Advisor wants to KEEP HIS MEAL TICKET is what he wants. I had a similar event when I asked Smith-Barney in the 80s to close my account and I would transfer to Vanguard. My "advisor" called me back to ask me to go to lunch at a fast food outlet to talk it over. At least that was a be...
by Sheepdog
Thu Jan 28, 2016 10:26 am
Forum: Personal Consumer Issues
Topic: Which news source do you use?
Replies: 67
Views: 4237

Re: Which news source do you use?

Daily hometown paper especially for local happenings, political and sports
Daily Indianapolis Star paper for state and sports news, especially professional sports.
Daily USA Today
On line from a number of sources
TV news..most often local CBS affiliate, national NBC and PBS
by Sheepdog
Wed Jan 27, 2016 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Who came closest to a $0 [taxes due]?
Replies: 62
Views: 3641

Re: Who came closest to a $0 [taxes due]?

Zero federal taxes (usual) Probable $500 state tax.
by Sheepdog
Tue Jan 26, 2016 3:21 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Taylor!
Replies: 87
Views: 3694

Re: Happy Birthday Taylor!

I found the "new" Morningstar Diehard forum in 1998, just as I was to retire. You, especially, helped make my retirement funding successful. Thank you, Taylor, and God bless you. Happy Birthday!!
by Sheepdog
Mon Jan 25, 2016 12:04 pm
Forum: Personal Consumer Issues
Topic: Shingles
Replies: 7
Views: 981

Re: Shingles

Sorry that that happened. It is tough.
Take care.
by Sheepdog
Sun Jan 24, 2016 7:54 pm
Forum: Personal Consumer Issues
Topic: Interior house paint gone bad?
Replies: 10
Views: 1179

Re: Interior house paint gone bad?

ISLAND No idea there is a number on the lid; will have to look. What does that tell them? I no longer have sales receipt. Those numbers will be the product code and the batch number. The company can test the retained sample of that batch and compare it with what you found. The batch number also sho...
by Sheepdog
Sun Jan 24, 2016 12:24 pm
Forum: Investing - Theory, News & General
Topic: What was the 2000 crash like in real time?
Replies: 65
Views: 5387

Re: What was the 2000 crash like in real time?

XXXXXXXXXXXXXXXXXXXX Looking back on it all, it was a good thing. I made more money from the stock I purchased in those three years than any of the other years. I have always bought when the money was available and have never tried to time it. So it was a good thing in the end. I learned more in th...
by Sheepdog
Sat Jan 23, 2016 3:51 pm
Forum: Personal Consumer Issues
Topic: Interior house paint gone bad?
Replies: 10
Views: 1179

Re: Interior house paint gone bad?

This is a Lifetime paint manufacturer here, now retired. Under normal conditions and storage (not frozen), an unopened latex paint should not have gone bad as you described. I have a couple of gallons of interior and exterior latex paint which have been opened and partially used and they have been i...
by Sheepdog
Sat Jan 23, 2016 2:19 pm
Forum: Investing - Theory, News & General
Topic: What was the 2000 crash like in real time?
Replies: 65
Views: 5387

Re: What was the 2000 crash like in real time?

It wasn't bad for me. I had retired in 1998 and I was living off of investments and SS. I was invested in the 50% stock range in the 2000-02 years. 2000 and 2001 were my 2nd and 3rd full years in retirement and returns and losses were virtually non-existent for me...+0.65% and -0.11% respectfully in...
by Sheepdog
Sat Jan 23, 2016 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Do you use the service of a CPA or you do your tax yourself?
Replies: 82
Views: 4866

Re: Do you use the service of a CPA or you do your tax yourself?

I've never had anyone do my taxes, even in the pre-computer days, with stock and bond sales, and tax shelters requiring multiple (10 and more) tax schedules just for the shelters. I did it by studying the tax codes. I enjoyed studying and doing them myself....they were challenging...really, I did. (...
by Sheepdog
Thu Jan 21, 2016 5:48 am
Forum: Personal Finance (Not Investing)
Topic: Boglehead threads you wish had an update
Replies: 5
Views: 794

Re: Boglehead threads you wish had an update

For me, this thread https://www.bogleheads.org/forum/viewtopic.php?f=1&t=151085 really struck a chord due to the humility and thoughtfulness of the OP. I wish I knew how things turned out a year later. In this particular case, you could send a private message (PM) to the young man asking if he ...
by Sheepdog
Wed Jan 20, 2016 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap plan F--Aetna or Statefarm
Replies: 23
Views: 1546

Re: Medigap plan F--Aetna or Statefarm

By law all of the plans are identical for each letter. No matter who sells it and no matter what the premium. The coverage is identical. Depending on zipcode and company premiums can vary a lot. The only difference is the premium. Why is the same plan priced differently for different carriers? They...
by Sheepdog
Wed Jan 20, 2016 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Fisher Investments?
Replies: 11
Views: 754

Re: Fisher Investments?

Please eliminate them from your thoughts. Pleassssseeee
by Sheepdog
Mon Jan 18, 2016 11:32 am
Forum: Investing - Theory, News & General
Topic: [Investing] Things that would/will never happen in your lifetime
Replies: 43
Views: 5183

Re: Things that would/will never happen in your lifetime

Age 82, Just a few of the economic (and a couple of other things) which will likely to never happen again in your lifetime, and definitely not mine. These were all in my lifetime. 5 cent city bus fares with free transfers. 15 cent movies 5 cent box of popcorn at the movie 15 cent per gallon gas $5 t...
by Sheepdog
Sun Jan 17, 2016 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Failing "sleep well" test: Change AA or more Boglehead-therapy?
Replies: 63
Views: 5121

Re: Failing "sleep well" test: Change AA or more Boglehead-therapy?

I have no where near what you have, not a mill even, I am sleeping well with 23% stock and have for many years and I have been retired since 1998 living off of my savings at 4.5% a year plus my SS and my holdings have grown, not this year, of course, but over the years. Come on, man. De-risk. Don't ...
by Sheepdog
Sun Jan 17, 2016 2:08 pm
Forum: Personal Consumer Issues
Topic: frost on windows - any experts (or people who have dealt with this)? Images inside!
Replies: 27
Views: 2802

Re: frost on windows - any experts (or people who have dealt with this)? Images inside!

Is this a new home and the first winter? If that would be the case, the builder/window installer should be contacted to inspect. They should be under warranty. I have 40 year old insulated windows, and they don't frost even in 20 below weather. I may get some minor condensation on the inside in such...
by Sheepdog
Sat Jan 16, 2016 1:42 pm
Forum: Investing - Theory, News & General
Topic: Fortune: Stock Tumble: If You're Reading This It Is Not Too Late
Replies: 23
Views: 4019

Fortune: Stock Tumble: If You're Reading This It Is Not Too Late

Bogleheads and Vanguardians are mentioned in this 1/15/16 Fortune magazine article by Joshua Brown titled "Stocks Tumble: If You're Reading This It Is Not Too Late" http://fortune.com/2016/01/15/stocks-tumble-if-youre-reading-this-its-not-too-late/?iid=leftrail This post originally appeare...
by Sheepdog
Sat Jan 16, 2016 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: How's it going?....any self-doubt?
Replies: 47
Views: 3849

Re: How's it going?....any self-doubt?

I am not a recent retiree, but I am a long time retiree who has gone through a couple of "corrections". A retiree's allocation will vary according to their willingness and need to have stock growth...also their ability to accept periodic stock market losses. If they don't have outside inco...
by Sheepdog
Fri Jan 15, 2016 1:38 pm
Forum: Investing - Theory, News & General
Topic: Who's buyin' today?
Replies: 127
Views: 10725

Re: Who's buyin' today?

Robert Powell on Marketwatch published this article today " Don't panic, don't sell--plan " http://www.marketwatch.com/story/dont-panic-dont-sell-plan-2015-08-26 His simple and concise comment states; 1. Stay the course if your investments are on the course you plotted. 2. Adjust your cour...
by Sheepdog
Fri Jan 15, 2016 1:18 pm
Forum: Investing - Theory, News & General
Topic: Another lawsuit against Vanguard?
Replies: 3
Views: 950

Re: Another lawsuit against Vanguard?

Howdy, I couldnt find a post with regard to the following, http://fortune.com/2015/12/07/vanguard-billions-taxes/ Having all my retirement investments with Vanguard should I be concerned? There have been many conversations on this. If you wish, you can type in the Google search above "Vanguard...
by Sheepdog
Fri Jan 15, 2016 1:13 pm
Forum: Investing - Theory, News & General
Topic: Who's buyin' today?
Replies: 127
Views: 10725

Re: Who's buyin' today?

I going to buy groceries today.
by Sheepdog
Thu Jan 14, 2016 8:31 am
Forum: Investing - Theory, News & General
Topic: What do you use to calculate total % up or down each year?
Replies: 37
Views: 1661

Re: What do you use to calculate total % up or down each year?

This doesn't help you or anyone else. I still use Money 2002. It is very accurate, easy to use. And before that, Money 98 just as I was retiring and needed help. And before that...I didn't care or need to know.
by Sheepdog
Tue Jan 12, 2016 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Dementia/Alzheimer's (spouse)
Replies: 36
Views: 3810

Re: Dementia/Alzheimer's (spouse)

I liked this NYTimes article from earlier this year http://www.nytimes.com/2015/04/25/your-money/as-cognitivity-slips-financial-skills-are-often-the-first-to-go.html?_r=0 titled " As cognitivity slips, financial skills are often the first to go " I believe that you may find some pointers i...
by Sheepdog
Tue Jan 12, 2016 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Retired Bogleheads -- How much did you spend last year?
Replies: 60
Views: 5795

Re: Retired Bogleheads -- How much did you spend last year?

Your expense total is low, but not as low as some people I know. If you don't have it, you can't spend it. Some people have more than enough to live on with extra available, but still can't splurge. My wife and I, both retired, averaged annual spending of $67,451 over the last 5 years...low of $55,8...
by Sheepdog
Mon Jan 11, 2016 10:59 pm
Forum: Investing - Theory, News & General
Topic: How common is this [Have more money 10+ years into retirement]
Replies: 72
Views: 8827

Re: How common is this [Have more money 10+ years into retirement]

I retired over 17 years ago (Oct.1998). I lived off of my savings and SS. I was conservative in investing in that my portfolio was never higher than 56% stocks in this period. That maximum percentage was in 1999 at which time I started reducing my stock allocation heading to "100 minus my age&q...
by Sheepdog
Mon Jan 11, 2016 5:13 am
Forum: Investing - Help with Personal Investments
Topic: How Am I Doing? 18 Years of Data
Replies: 47
Views: 5116

Re: How Am I Doing? 18 Years of Data

Goodman60, I am older than you with lower stock percentages. Your returns look good. For comparison, these are my annual investment results for the period in which you gave your results. I retired in October 1998. I was conservative in investing. My portfolio was never higher than 56% stocks in this...
by Sheepdog
Sun Jan 10, 2016 9:22 pm
Forum: Personal Consumer Issues
Topic: Alaska in July, first time RV
Replies: 55
Views: 2665

Re: Alaska in July, first time RV

An interesting tidbit of being in Alaska in June and July....there is very little darkness. If you golf, you can make tee reservations at 3 AM in several locations.

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