Search found 729 matches

by TravelforFun
Sat Oct 14, 2017 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Annuities - how does insurance company know you died?
Replies: 49
Views: 2538

Re: Annuities - how does insurance company know you died?

Very interesting question, one I hope many entities including SS Administration, Veterans Affairs, pensions, and insurance companies have answers for.
by TravelforFun
Sat Oct 14, 2017 8:34 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 160
Views: 13623

Re: What's your asset allocation and why?

No fixed AA. I keep 10 years of annual expenses in bonds and the rest of my money is in stocks. Currently, I'm 30% bonds and 70% stocks. If there is a big drop in the market, I would not have to sell any of my stocks for 10 years. Hopefully that would give the market enough time to recover.
by TravelforFun
Sat Oct 14, 2017 8:22 pm
Forum: Personal Consumer Issues
Topic: How long for hedonic adaptation to set in?
Replies: 109
Views: 6782

Re: How long for hedonic adaptation to set in?

For folks that are not willing to allow your living style to creep up, do you still have a land line instead of a smart phone, use OTA TV instead of cable or streaming, carry stacks of books around or one tablet, wait for loved ones to call or get on Facebook? Hedonic adaption may sound bad but unle...
by TravelforFun
Sat Oct 14, 2017 8:04 pm
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 86
Views: 5183

Re: What do you buy in Asian food stores?

I buy all ingredients to make pho and spring rolls with. Of course, fish sauce is a key ingredient.
by TravelforFun
Sat Oct 14, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: X times salary, backwards calculation?
Replies: 23
Views: 2167

Re: X times salary, backwards calculation?

Actually, I did find a heuristic formula, and as is usually the case, I complicated the question way beyond where I should have. Retirement age really has little to do with it. It's just a simple calculation of desired income and withdrawal rate. Thus: x = desire income y = withdrawal rate z = prin...
by TravelforFun
Fri Oct 13, 2017 11:03 pm
Forum: Personal Consumer Issues
Topic: Need Embassy Row Map in PDF
Replies: 7
Views: 1030

Need Embassy Row Map in PDF

I need a PDF map that shows where all the embassies are in Washington, DC and Google couldn't find me one. Does anyone know where I can get one? I don't want interactive map. TIA.
by TravelforFun
Fri Oct 13, 2017 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 49
Views: 5744

Re: How young is too young to retire.

I stopped working full time when I realized 3% of my investment can take care of my annual expenses and the probability of me running out of money is very low regardless of how long we live.
by TravelforFun
Wed Oct 11, 2017 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Card - Should I get a Replacement
Replies: 47
Views: 2544

Re: Social Security Card - Should I get a Replacement

Yes I would get a replacement card because you can never be sure you won't start a new job again. There are so many things retirees can do for fun and a little cash: Driving a school bus, a Uber, greet folks at Walmart, working for charities, etc.
by TravelforFun
Wed Oct 11, 2017 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2254

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

Not answering your questions but I have a question for you. Why are you maxing out 401K and 457b and not putting money in a Roth? I would contribute to the 401K or 457b up to the match, then put money in the $5,500 a year ROTH bucket, then save any left over money in a saving account to build up my ...
by TravelforFun
Wed Oct 11, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance as an inheritance?
Replies: 10
Views: 504

Re: Term Life Insurance as an inheritance?

I stopped buying term life when I felt I had reached FI.
by TravelforFun
Tue Oct 10, 2017 7:07 pm
Forum: Personal Consumer Issues
Topic: Wifi Thermostat
Replies: 55
Views: 3624

Re: Wifi Thermostat

I installed my Nest myself. Very easy.
by TravelforFun
Tue Oct 10, 2017 6:46 pm
Forum: Personal Consumer Issues
Topic: Does anybody read the Medicare and You booklet?
Replies: 16
Views: 898

Re: Does anybody read the Medicare and You booklet?

Well written book, easy to understand, and with large fonts. Government documents are not usually this user-friendly.
by TravelforFun
Mon Oct 09, 2017 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: HSA’s: What level of risk do you prefer?
Replies: 58
Views: 3673

Re: HSA’s: What level of risk do you prefer?

bluerafters wrote:
Mon Oct 09, 2017 7:44 pm
I'm surprised to see everyone in stocks. I thought the trend would be far more conservative investments for a medical vehicle.
Just like investing for retirement. If you don't need the money the next 10-15 years, put it on equity.
by TravelforFun
Mon Oct 09, 2017 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: HSA’s: What level of risk do you prefer?
Replies: 58
Views: 3673

Re: HSA’s: What level of risk do you prefer?

http://www.investopedia.com/articles/personal-finance/091615/how-use-your-hsa-retirement.asp Open insurance enrollment for my employer is coming in a few weeks. I’m strongly looking to move from the currently enrolled HRA employer offered plan to the employer offered HSA. I’m 40, single, and withou...
by TravelforFun
Mon Oct 09, 2017 7:14 pm
Forum: Personal Consumer Issues
Topic: Greek Islands Cruise Excursions
Replies: 9
Views: 850

Re: Greek Islands Cruise Excursions

I've never bought cruise company excursions before because I want to be able to go at my own pace. I find researching ports of call fun. You must be taking an MSC cruise from Venice. All the places you mentioned are very easy to traverse on foot except perhaps Athens. I just came back from those pla...
by TravelforFun
Mon Oct 09, 2017 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: How to deal with estate with no liquid assets and a house?
Replies: 17
Views: 1253

Re: How to deal with estate with no liquid assets and a house?

Tough to be an executor. He (she) could be liable whether she (he) fixed or unfixed the house, especially if they're not talking.
by TravelforFun
Sat Oct 07, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 10009

Re: Third time in my 32 year career I have been laid off

I would have retired 5 years if I were you. +100 I just got back from an oceanfront suite vacation in Mexico, where I stared out the window at a panorama of ever-changing ocean and sky, a most delicious cup of morning Mexican coffee in hand, thinking how lucky I was to: a) have retired 2 1/2 years ...
by TravelforFun
Thu Oct 05, 2017 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11058

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations! Hope you come back here in a few years and declare, 'I'm a multimillionaire.'.
by TravelforFun
Sun Oct 01, 2017 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: How much liquid Cash to Keep in Savings
Replies: 35
Views: 4652

Re: How much liquid Cash to Keep in Savings

Why keep 6 months worth of expenses in a saving account paying nothing? I don't have an emergency fund but I have a credit card with high limit and that seems to take care of all my emergency needs. I pay off my card every month using my regular income or by selling some bond fund shares if necessary.
by TravelforFun
Sun Oct 01, 2017 9:26 pm
Forum: Investing - Theory, News & General
Topic: How do you determine the emergency fund size?
Replies: 65
Views: 15577

Re: How do you determine the emergency fund size?

I don't have an emergency fund. I don't see why one should leave 6 months of expenses in a saving account paying nothing. I use a credit card for emergency purchases and pay it off monthly. I could sell some of my bond fund shares and get the money within a couple of days if I needed to.
by TravelforFun
Sat Sep 30, 2017 11:08 am
Forum: Personal Consumer Issues
Topic: What will happen if I refuse to pay a medical bill?
Replies: 125
Views: 7345

Re: What will happen if I refuse to pay a medical bill?

How many flavors of .. as an example, Blue Cross do you think are out there? Do they all offer the same coverage? I am familiar with the complexities of plan offerings, but billing should be able to make it clear: here's what we accept so you can tell people the right thing. Because that's a thing ...
by TravelforFun
Sat Sep 30, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Lost my job and looking for advice on next steps
Replies: 43
Views: 5192

Re: Lost my job and looking for advice on next steps

You should continue to look for meaningful work even if you think you have enough. 59.5 is too young to let the mind idle.
by TravelforFun
Fri Sep 29, 2017 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Trust just set up: What and How to transfer?
Replies: 8
Views: 500

Re: Trust just set up: What and How to transfer?

It seems to me that you may have put the horse before the cart. The decision to set up a trust, the details about the trust, etc. would be influenced by or determined by the pros and cons of shat goes into the trust and what does not. Isn't the horse supposed to be before the cart? :happy Gill Haha...
by TravelforFun
Fri Sep 29, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 5927

Re: My Smartest Financial Moves

Marrying DW all those years ago. And her earning potential had nothing to do with it. Without realizing it, we were on the same wavelength financially. A couple cannot LBYM if one is spending enough for two. I know a number of colleagues still plugging away at the salt mines because first (and seco...
by TravelforFun
Fri Sep 29, 2017 7:43 am
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10996

Re: The Rolex and The Boglehead

My craving for a high-end Rolex mysteriously disappeared after I purchased an Apple Series 2 watch with a nice band. So true. My wife's Rolex got put away in the safe when she bought her Apple watch. Might never see light of day again! She loves that Apple watch. Very weird. I know other people tha...
by TravelforFun
Thu Sep 28, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking advice - choosing an IRA to roll over a 401k
Replies: 5
Views: 267

Re: Seeking advice - choosing an IRA to roll over a 401k

I currently have accounts at Schwab, Etrade, TD, and Fidelity, and I like them equally. I move money around when I get bonus offers. Most of my money is in Vanguard Total Stock and Vanguard Total Bonds, and the remaining 8-10% in individual stocks.
by TravelforFun
Wed Sep 27, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3220

Re: Verizon TravelPass

I just got back from a two-week trip to Europe. I rented a Skyroam but had problems from day 1. Connected to my phone company, AT&T, using the hotel wifi and was able to activate the $10 per day unlimited plan. Worked great!
by TravelforFun
Wed Sep 27, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: HSA distribution exceeds contribution limit
Replies: 13
Views: 534

Re: HSA distribution exceeds contribution limit

Or you could pay the $6,750 with the tax-free HSA money and the $250 with your out-of-pocket money
by TravelforFun
Wed Sep 27, 2017 10:37 am
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 77
Views: 9553

Re: My boneheaded financial mistakes

grettman wrote:
Wed Sep 27, 2017 3:59 am
Borrowed from 401K when I was younger. Took the full 15 years to pay off....
I don't consider borrowing from 401K a mistake but how did you get a 15-year 401K loan?
by TravelforFun
Wed Sep 27, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10996

Re: The Rolex and The Boglehead

My craving for a high-end Rolex mysteriously disappeared after I purchased an Apple Series 2 watch with a nice band.
by TravelforFun
Sat Sep 23, 2017 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 79
Views: 7285

Re: Help?! My 70 year old father is 100% invested in equities

I'd send the link to this forum to your dad and hopefully after he reads it for a while, he would adjust his AA and get rid of the advisor.
by TravelforFun
Fri Sep 15, 2017 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Prioritizing investments- HSA goes where?
Replies: 27
Views: 3061

Re: Prioritizing investments- HSA goes where?

Agree with most. HSA, if you're qualified, should be your next priority after getting the 401K match. Additionally, if you have a long horizon of 20-30 years to retirement, invest your HSA in 100% equity and use other accounts to balance your investment and achieve your asset allocation goal.
by TravelforFun
Thu Sep 14, 2017 10:00 am
Forum: Personal Finance (Not Investing)
Topic: SS Deemed filing eligibility
Replies: 10
Views: 1076

Re: SS Deemed filing eligibility

I was not going to post but I am honestly confused.Trying to figure out if we can use this strategy or not. I turn 66 in January Wife turns 68 in January My projected benefits at 66...2465 My wife's at 68 ....1685 We are both retired. Up until today we were both waiting until 70,but I was told to c...
by TravelforFun
Tue Sep 12, 2017 12:33 am
Forum: Investing - Theory, News & General
Topic: Recent Hurricanes Provide Good Lesson For Investors
Replies: 30
Views: 4516

Re: Recent Hurricanes Provide Good Lesson For Investors

Recent hurricanes also provide great investment opportunities. Those who bought USG, the company who makes drywall, a few days after Harvey hit is making a nice profit. Home Depot, Lowes, car companies will do well as well.
by TravelforFun
Tue Sep 12, 2017 12:18 am
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8686

Re: When calculating net worth, how do you value your house?

Of course the equity of your home should be included in your net worth calculations. If you owed $200,000 on your home and you withdrew $200,000 from your investment to pay off your home, your net worth shouldn't be down $200,000 in one day; you would have $200K less in investable assets but $200K m...
by TravelforFun
Thu Sep 07, 2017 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Wife believes 7+% returns from stock market are guaranteed
Replies: 64
Views: 5727

Re: Wife believes 7+% returns from stock market are guaranteed

You asked about taking a loan from your 401k last year. Did you take that loan to pay for the house in cash rather than acquiring a mortgage? Your wife may be reasonably questioning the overall resistance to a mortgage, even if she's overoptimistic on the stock market returns. If OTOH you took all ...
by TravelforFun
Thu Sep 07, 2017 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 8535

Re: Protecting moms assets from nursing home expenses

Who would want to give away all their assets to others including their kids so they can stay in a government assisted facility?
by TravelforFun
Wed Sep 06, 2017 7:44 pm
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 12800

Re: Florida Hurricanes: When and where to go?

I'd take my computer backups with me and my cell phone. Computer backups may be the most important item to take with you, especially if they contain some files that you don't trust to the cloud. You'll need access to all your passwords, whatever password management system you use. If I were leaving...
by TravelforFun
Wed Sep 06, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Wife believes 7+% returns from stock market are guaranteed
Replies: 64
Views: 5727

Re: Wife believes 7+% returns from stock market are guaranteed

The OP is lucky. His wife hasn't talked to Dave Ramsey or he would have to argue against her 12% guarantee.
by TravelforFun
Mon Sep 04, 2017 10:47 pm
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 12800

Re: Florida Hurricanes: When and where to go?

I'm flying from Dallas to Atlanta to catch a plane to Europe on Friday. Ms. Irma, please slow down or dissipate.
by TravelforFun
Mon Sep 04, 2017 6:57 pm
Forum: Investing - Theory, News & General
Topic: What is the "safe, safe" withdrawal rate?
Replies: 38
Views: 4179

Re: What is the "safe, safe" withdrawal rate?

I looked into getting the same $10,000 of yearly CPI COLA income without doing the TIPS ladder and found a couple would have to pay $295K for a SIPA. This is very similar to your annuity +TIPS ladder. For the sake of simplicity, wouldn't just buying a SPIA better? Arguably, yes. I wanted to account...
by TravelforFun
Mon Sep 04, 2017 6:27 pm
Forum: Investing - Theory, News & General
Topic: What is the "safe, safe" withdrawal rate?
Replies: 38
Views: 4179

Re: What is the "safe, safe" withdrawal rate?

We've had a couple of threads recently about SWRs (discussing comments from Kitces & Bengen), and oh, maybe two or three other threads over the past several years that also consider the thoughts from other "experts" (Bernstein, Pfau, Swedroe). After I posted in one of the other threads, I got to wo...
by TravelforFun
Mon Sep 04, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Citi Costco Visa vs. Chase Sapphire Reserve
Replies: 73
Views: 8722

Re: Citi Costco Visa vs. Chase Sapphire Reserve

I have both the CSR and Costco Visa and the annual Costco cash back checks only entice me to spend more at Costco. You can cash your Costco check at the register. You don't have to spend it at Costco. You do have to go there, though. True but I don't know of anyone who goes to Costco just to cash t...
by TravelforFun
Mon Sep 04, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Citi Costco Visa vs. Chase Sapphire Reserve
Replies: 73
Views: 8722

Re: Citi Costco Visa vs. Chase Sapphire Reserve

I have both the CSR and Costco Visa and the annual Costco cash back checks only entice me to spend more at Costco. You can cash your Costco check at the register. You don't have to spend it at Costco. You do have to go there, though. True but I don't know of anyone who goes to Costco just to cash t...
by TravelforFun
Mon Sep 04, 2017 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Citi Costco Visa vs. Chase Sapphire Reserve
Replies: 73
Views: 8722

Re: Citi Costco Visa vs. Chase Sapphire Reserve

I have both the CSR and Costco Visa and the annual Costco cash back checks only entice me to spend more at Costco. I think I have applied for CSR twice (50K and 100K points) and canceled once. Those points get transferred to my Southwest account and allow me to use my SW companion pass status to fly...
by TravelforFun
Sat Sep 02, 2017 2:29 pm
Forum: Investing - Theory, News & General
Topic: OSWAN: Optimum Sleep Well At Night retirement plan
Replies: 37
Views: 3241

Re: OSWAN: Optimum Sleep Well At Night retirement plan

I keep 10 years worth of expenses in bonds funds and the rest in stocks or stock funds. Here is the research paper on spending from bonds first, if you can track the Greek symbols. http://www.retailinvestor.org/pdf/SpitzerSingh.pdf Michael H. McClung, in Living Off Your Money, recommends bonds-firs...
by TravelforFun
Sat Sep 02, 2017 12:01 pm
Forum: Investing - Theory, News & General
Topic: OSWAN: Optimum Sleep Well At Night retirement plan
Replies: 37
Views: 3241

Re: OSWAN: Optimum Sleep Well At Night retirement plan

Time Lord, 1) if you can work and love your job, why stop at 3-5 years? Keep going. I've reached my number a few years ago and started working part time last year, and it's great. 2) I don't have a fixed AA. I keep 10 years worth of expenses in bonds funds and the rest in stocks or stock funds. If I...
by TravelforFun
Sat Sep 02, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 12800

Re: Florida Hurricanes: When and where to go?

In terms of evacuation, only evacuate if you are in the highest risk areas (right on the coast, mobile home etc.). Trying to guess even 3 days out exactly where a hurricane will hit is almost impossible. In other words, you could end up evacuating into more danger. Evacuate EARLY. It is hard for so...
by TravelforFun
Sat Sep 02, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 12800

Re: Florida Hurricanes: When and where to go?

In terms of evacuation, only evacuate if you are in the highest risk areas (right on the coast, mobile home etc.). Trying to guess even 3 days out exactly where a hurricane will hit is almost impossible. In other words, you could end up evacuating into more danger. Evacuate EARLY. It is hard for so...