Search found 4558 matches

by Sheepdog
Fri Apr 28, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 157
Views: 9564

Re: When do you plan to die?

fillary wrote:i was thinking about 75-80 years, it's enough to live as for me, i will never be as young as I am at this very second :(

Think later. There is much to enjoy after that.
by Sheepdog
Sat Apr 22, 2017 3:28 am
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 34
Views: 2400

Re: Best vacuum cleaner for pet hair?

Kenmore (Sears) has "Pet Friendly" HEPA uprights. I purchased Model 31140 3 years ago especially to improve cleaning carpets covered with long black cat hair. Yes, my Old English Sheepdog hair also, but the cat hair was the reason.. It uses fabric HEPA bags. I am the one who cleans the flo...
by Sheepdog
Tue Apr 18, 2017 10:33 am
Forum: Personal Consumer Issues
Topic: Is my electric bill high?
Replies: 60
Views: 5236

Re: Is my electric bill high?

Electricity in Indiana is not high in comparison. Our home is single story brick 2000 sq ft. No pool, however. We heat, cook and supply hot water with gas. Total electric cost in 2016 was $1,023 or an average of $85.25 per month. (Gas averaged $59 per month.)
by Sheepdog
Mon Apr 17, 2017 8:45 am
Forum: Personal Consumer Issues
Topic: Donations to charity for 2016 tax year (and 2017)...
Replies: 9
Views: 1108

Re: Donations to charity for 2016 tax year (and 2017)...

Since we are older retirees (83 and 76) in 2016 and our nest egg was still growing somewhat we decided to donate more to charities every year. Last year we donated 37.5% of our AGI. I expect that we will meet at least that percentage in the future. Since more of our charitable donations now come via...
by Sheepdog
Wed Apr 12, 2017 2:55 pm
Forum: Personal Consumer Issues
Topic: Staining a pool deck
Replies: 2
Views: 270

Re: Staining a pool deck

Yes, you can.
Google: "Stain concrete pool deck" https://www.google.com/#q=stain+concrete+pool+deck You will even find a you tube how to.

Hint also, you won't find paint experts at Lowes or any box store.
by Sheepdog
Sun Apr 09, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: My 72 year old father is looking for advice on where to park ~$300K
Replies: 20
Views: 2314

Re: My 72 year old father is looking for advice on where to park ~$300K

Additionally, he could put some of the money into an SPIA for a monthly payout starting now or some day in the future. Look at ImmediateAnnuities.com https://www.immediateannuities.com/annuity-shopper/ . Play around with it for the many options...life annuities, fixed term annuities, etc. I bought s...
by Sheepdog
Fri Apr 07, 2017 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Pension -lump sum or monthly payout?
Replies: 29
Views: 1710

Re: Pension -lump sum or monthly payout?

You're ahead now but you haven't won yet. What if you live another 20 years? Withdrawing $1,480 a month from $231K is a 7.7% withdrawal rate which could diminish that IRA within 12 years. Realize that my RMD on this account has reached 6.45% this year at age 84 and will be up to 7.87% at 88 and 8.7...
by Sheepdog
Thu Apr 06, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Pension -lump sum or monthly payout?
Replies: 29
Views: 1710

Re: Pension -lump sum or monthly payout?

I took a lump sum for my pension in 1998 partially because I didn't trust the company finances. This report is how it worked out for me. What I have left of that lump sum today and how much I have taken out. I will compare that with how much I would have received to date if I had taken the pension p...
by Sheepdog
Tue Apr 04, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Medigap Plan F Increases
Replies: 37
Views: 2161

Re: Medigap Plan F Increases

When I had Medigap F or G plans the premiums increased with age and with higher percentage increases(upper 10s and 20s) in my late 70s to the point when I reached 80 the cost was too high. I then changed to an Advantage plan which is saving me over $2000 each year with good coverage. My wife also ch...
by Sheepdog
Mon Apr 03, 2017 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Old [person] playing catch up in retirement
Replies: 10
Views: 1798

Re: Old [person] playing catch up in retirement

You are not old. You are not late. My history may be an example. We had 2 children. They wouldn't have to pay their way to college. because we could afford to send them. The kids were more important to us than our retirement. We actually saved and invested relatively little until after they graduate...
by Sheepdog
Mon Apr 03, 2017 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Best investments for risk-averse retiree
Replies: 31
Views: 1945

Re: Best investments for risk-averse retiree

If you're risk-averse then you diversify into bonds. When stocks fall, money runs to the safety of bonds. Putting money in CD's is not investing. Does this look "risky"? http://investingadvicewatchdog.com/images-new/chart-2000-2015.jpg That is a really interesting graph. What bonds and wh...
by Sheepdog
Thu Mar 30, 2017 4:57 am
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 157
Views: 9564

Re: When do you plan to die?

How could i guess when I would die as I was planning to retire at 65?. I did at one time, but I have already passed that. You see, all of my grandparents died before they were 65. My father died at 61 and my sister 73, but my mother died at 92. Then I had a heart attack at 64. Not much to look at fo...
by Sheepdog
Mon Mar 27, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and bad news
Replies: 72
Views: 9297

Re: Where to buy a Vanguard hat? An Update and bad news

I see Raymond James shirts and hats, so why not Vanguard too, Vanguard.
by Sheepdog
Sat Mar 25, 2017 7:49 am
Forum: Personal Consumer Issues
Topic: Buying Sunglasses
Replies: 44
Views: 4548

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: 4396

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: 57
Views: 6207

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: 1016

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: 1092

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: 255

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: 3317

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: 1784

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: 18828

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: 1271

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: 4107

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: 7414

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: 23420

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: 7414

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: 4404

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: 23
Views: 1571

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: 3462

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: 7414

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: 4288

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: 23
Views: 1571

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: 7516

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: 7981

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: 2462

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: 7981

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: 5358

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: 727

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: 1851

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: 1851

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: 1873

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: 2783

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: 8907

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: 1571

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: 2139

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: 1234

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: 1234

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: 1234

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...

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