Search found 270 matches

by TravelforFun
Mon Feb 01, 2016 12:46 pm
Forum: Personal Consumer Issues
Topic: Which app/plan do you use to make calls to overseas?
Replies: 40
Views: 1639

Re: Which app/plan do you use to make calls to overseas?

+1 for Google voice. If you have an iPhone and install the google voice app, it would assign a unique local U.S number for each of your overseas contact. (you have to make a call for the first time to find out what the local number is) . After that point on, you don't even need internet/wi-fi in or...
by TravelforFun
Sat Jan 30, 2016 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: I got let go yesterday
Replies: 44
Views: 7907

Re: I got let go yesterday

I'll be honest: the first few months were brutal. I ask millions of questions and took notes to google in every single meeting. But I thought I had really come along and was contributing (apparently not). I got called in yesterday and they said they were bringing someone in from their Houston offic...
by TravelforFun
Sat Jan 16, 2016 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security question
Replies: 12
Views: 1272

Re: Social Security question

Also not an expert, but hopefully one of the several SS boglehead experts will chime in. I "think" the optimal strategy in this case might be for the wife to continue taking her benefit; meanwhile, when the husband turns 66, he files a "restricted application", in order to recei...
by TravelforFun
Thu Jan 07, 2016 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Bear market the ideal market to retire?
Replies: 70
Views: 5338

Re: Is a Bear market the ideal market to retire?

Well, you all can follow us to see how we fare if this indeed the beginning of a bear market. Both my husband and myself retired December 31, 2015. Yes, I am concerned but thankful we have approx 2 years of cash to get us through before we really have to touch the portfolio. Also have a COLA pensio...
by TravelforFun
Wed Jan 06, 2016 10:16 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2016 BOGLEHEAD CONTEST
Replies: 646
Views: 14598

Re: REGISTRATION FOR THE 2016 BOGLEHEAD CONTEST

* Forecasts ranged from a high of 2800 to a low of 1061 and everywhere between. It proves Mr. Bogle point about forecasters: "Nobody knows nothing." Love this quote. VictoriaF won the 2015 Boglehead Contest with her guess of 2,048.00. You can read more HERE . Very happy for VictoriaF.
by TravelforFun
Wed Jan 06, 2016 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Nature vs Nurture
Replies: 27
Views: 1311

Re: Nature vs Nurture

In before not personal or actionable. :eek: I disagree. I have two offspring, now in their 30s. One has had a succession of decent jobs and is making good progress in life. The other has defaulted on student loans and uses credit cards for money that never needs to be paid back. I adjust my own cha...
by TravelforFun
Wed Jan 06, 2016 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Question for the Bogleheads Millionaires
Replies: 280
Views: 33341

Re: Question for the Bogleheads Millionaires

I began my adult life with $0 net worth and joined the two-comma club a few years ago. Here are my top ten reasons: 1) Good health. Been healthy all my life perhaps due to good diet and regular exercise 2) Education. I paid my way through undergraduate school then had an employer paid for graduate s...
by TravelforFun
Thu Dec 31, 2015 8:56 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 753
Views: 111545

Re: What are you up YTD? [Year To Date]

I'm 80% stock and up nearly 3% this year.
by TravelforFun
Sat Dec 26, 2015 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Age in Bonds
Replies: 108
Views: 7886

Re: Age in Bonds

I hold 10 years worth of net annual living expenses in bonds, CDs, and cash. Age doesn't make a difference to me.
by TravelforFun
Fri Dec 25, 2015 5:22 pm
Forum: Personal Consumer Issues
Topic: What is the appropriate tip at Starbucks on Christmas morning?
Replies: 76
Views: 4822

Re: What is the appropriate tip at Starbucks on Christmas morning?

I go to the bank the Saturday before Christmas, get 10 brand spanking $10 bills, put them in 10 envelopes, then go to my local Starbucks and spread the love around.
by TravelforFun
Thu Dec 24, 2015 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Biggest lucky break in your personal finances?
Replies: 160
Views: 12162

Re: Biggest lucky break in your personal finances?

VictoriaF wrote:Immigrating to the United States.

Victoria

Most people on this forum have won the lottery without realizing it! It is called the Ovarian Lottery.
by TravelforFun
Mon Dec 21, 2015 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: How to Take Retirement Distributions
Replies: 2
Views: 484

Re: How to Take Retirement Distributions

My wife and I will be taking distributions from our Vanguard retirement accounts in 2016 to fund our retirement. We will need to take about 4% of our total combined balance. I am one 70.5, but she is younger and does not technically need to take any RMD at this point. About 70% our our combined tot...
by TravelforFun
Tue Dec 08, 2015 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Creating a will with or without a lawyers help?
Replies: 31
Views: 1863

Re: Creating a will with or without a lawyers help?

Jerry55 wrote:I use NOLO Will Maker and always have. I don't have any problems with it.

Your don't know that yet.
by TravelforFun
Wed Dec 02, 2015 8:42 am
Forum: Personal Finance (Not Investing)
Topic: How to start out with TurboTax?
Replies: 52
Views: 4574

Re: How to start out with TurboTax?

Slightly off topic but I'm curious to know whether anyone has tried to use more than one tax software (TT, TaxAct, H&R, etc..) in the same year using the same input? Did you get the same results? I use Turbo Tax every year and often wonder. No, but I do keep all my data in Excel and have formul...
by TravelforFun
Tue Dec 01, 2015 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to start out with TurboTax?
Replies: 52
Views: 4574

Re: How to start out with TurboTax?

Slightly off topic but I'm curious to know whether anyone has tried to use more than one tax software (TT, TaxAct, H&R, etc..) in the same year using the same input? Did you get the same results?

I use Turbo Tax every year and often wonder.
by TravelforFun
Sun Nov 29, 2015 8:15 pm
Forum: Personal Consumer Issues
Topic: Nice house vs traveling
Replies: 78
Views: 5971

Re: Nice house vs traveling

My spouse and I are making 110k together with 2 kids. We live in Texas with no state income tax. Our house payment is $1400 for principle and interest 3.75% 15 year fixed. Our property tax is 5k a year, and home insurance is 3k a year. We bought it for 400k. We love it here and this is our forever ...
by TravelforFun
Sat Nov 28, 2015 8:14 pm
Forum: Investing - Theory, News & General
Topic: Fixed Asset Allocation for the rest of your life
Replies: 60
Views: 6050

Re: Fixed Asset Allocation for the rest of your life

For those nearing retirement or are already in it, I was wondering if you are planning to/are staying at one AA for the rest of your life? If you are, why and what AA would that be? I'm 66 and have been at 50/50 since retiring 5 years ago. I'm not retired yet but when I retire (within the next five...
by TravelforFun
Sat Nov 28, 2015 7:54 pm
Forum: Investing - Theory, News & General
Topic: Fixed Asset Allocation for the rest of your life
Replies: 60
Views: 6050

Re: Fixed Asset Allocation for the rest of your life

For those nearing retirement or are already in it, I was wondering if you are planning to/are staying at one AA for the rest of your life? If you are, why and what AA would that be? I'm 66 and have been at 50/50 since retiring 5 years ago. I'm not retired yet but when I retire (within the next five...
by TravelforFun
Sat Nov 28, 2015 7:36 pm
Forum: Investing - Theory, News & General
Topic: Fixed Asset Allocation for the rest of your life
Replies: 60
Views: 6050

Re: Fixed Asset Allocation for the rest of your life

For those nearing retirement or are already in it, I was wondering if you are planning to/are staying at one AA for the rest of your life? If you are, why and what AA would that be? I'm 66 and have been at 50/50 since retiring 5 years ago. I'm not retired yet but when I retire (within the next five...
by TravelforFun
Wed Nov 25, 2015 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Christine Benz of Morningstar on RMDs
Replies: 37
Views: 4543

Re: Christine Benz of Morningstar on RMDs

Wow, what poor advice. So, you don't want to pay such high income taxes when you take your RMD's? Then pay even higher income taxes earlier in your working career. Forget about the time value of money? Forget about paying taxes at lower rates in retirement? Skip that 401k plan and put money into a ...
by TravelforFun
Thu Nov 05, 2015 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 457
Views: 35569

Re: Changes to Social Security

I think I have it but would really appreciate a confirmation. Wife will be age 66 in Mar 2016 Husband already FRA and receiving benefits on his record (low earner) age 66 now Plan: wife will file and immediately suspend. Husband then can file for the higher benefit (1/2 of wife's higher PIA) Wife c...
by TravelforFun
Mon Nov 02, 2015 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 457
Views: 35569

Re: Changes to Social Security

Maybe someone can help & see if I'm understanding new rules correctly Wife older born 9/53 . Her PIA < 1/2 mine ~ 1000. I'm younger born 7/56 with larger PIA ~ 2400 ( a little over 3 yrs apart) Original strategy Wife files for her benefit at FRA. I file for Spousal benefits only (restricted app...
by TravelforFun
Mon Nov 02, 2015 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 457
Views: 35569

Re: Changes to Social Security

Thank you. So my husband can still claim a spousal benefit when he turns age 66 (in January 2017), and then claim his own benefit at age 70? And even if he claims a spousal benefit when he's 66, I'll still be able to wait until I'm 70 to claim my own benefit? Yes if you were born before 1/1/1954 an...
by TravelforFun
Mon Nov 02, 2015 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies for minimizing tax hit from IRA withdrawals?
Replies: 34
Views: 2915

Re: Strategies for minimizing tax hit from IRA withdrawals?

Other techniques to lessen the tax burden: Bunching of deductions so that one can itemize instead of taking the standard deduction. My deductions are pretty un-bunchable. I have $10k of property taxes every year and $3300 of HSA contributions. That's pretty much it - everything else is nickel-and-d...
by TravelforFun
Mon Nov 02, 2015 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take a hardship withdrawal?
Replies: 17
Views: 1984

Re: Should I take a hardship withdrawal?

Thanks for all of the replies. I truly appreciate it. The debt I have was medical debt. My son was in the hospital for 9 months before he passed. In that time, we racked up close to $4MM bill in the pediatric cardiac unit and at that time he had a $3MM cap on insurance. That left us with about $1MM...
by TravelforFun
Mon Nov 02, 2015 5:31 pm
Forum: Personal Consumer Issues
Topic: Low-cost and low-maintenance hobbies?
Replies: 69
Views: 6947

Re: Low-cost and low-maintenance hobbies?

Join Chess.com and play against people from around the world. It will give you your mental exercises, it's fun to watch your score go up and down, and it's free!
by TravelforFun
Mon Nov 02, 2015 9:52 am
Forum: Personal Consumer Issues
Topic: Driveway Easement
Replies: 15
Views: 1626

Re: Driveway Easement

We are considering contacting our neighbor to purchase an easement to widen our driveway about 30 inches onto his property. Does anyone have any suggestions on how to go about estimating a fair price to offer for such an easement? Any advice will be appreciated and thanks in advance, Corporate Orph...
by TravelforFun
Mon Nov 02, 2015 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 457
Views: 35569

Re: Changes to Social Security

Sorry if my post was confusing. I mean to ask if Kevin (an earlier poster who is grandfathered by age into some of current provisions) is able to file now for his PIA (reduced or not) and then suspend his PIA benefit and file for spousal only when his wife files for her reduced PIA a few months lat...
by TravelforFun
Mon Nov 02, 2015 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 457
Views: 35569

Re: Changes to Social Security

Sorry if my post was confusing. I mean to ask if Kevin (an earlier poster who is grandfathered by age into some of current provisions) is able to file now for his PIA (reduced or not) and then suspend his PIA benefit and file for spousal only when his wife files for her reduced PIA a few months lat...
by TravelforFun
Sun Nov 01, 2015 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 457
Views: 35569

Re: Changes to Social Security

However, how about this. Since I (higher earning) am already 63, and thus still able to take advantage of the old/current rules, couldn't I file for spousal benefits when she turns 66 (and I will be 68)? Actually, I think perhaps not, if I am understanding the this part: 2) While your benefits are ...
by TravelforFun
Sun Nov 01, 2015 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 457
Views: 35569

Re: Changes to Social Security

So, I can throw our previously carefully crafted plan out the window. I will be 65 next month (Dec). DW will be 65 in Feb 2018. Her PIA is more than half mine. (Yes, I know our FRA is 66.) I am on the cusp, it seems. Perhaps I should file early and suspend within the 6-month window so she can still...
by TravelforFun
Sat Oct 31, 2015 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 457
Views: 35569

Re: Changes to Social Security

Thanks for the offer to help with the calculations of monthly benefit amounts. I did run through them myself, so I would appreciate it if you could check my numbers. Wife is 63 and turns 66 in December 2017. Her PIA (I am assuming this is the FRA, age 66, benefit listed on the SS Statement website....
by TravelforFun
Mon Oct 26, 2015 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Consolidated 2016 Medicare Part B Increase thread
Replies: 111
Views: 3041

When Social Security Benefits and Medicare Premiums Collide

If you're a Medicare beneficiary and have not filed for Social Security, your Medicare Part B premium could go up 52% next year.

http://news.morningstar.com/articlenet/ ... 1&SR=Yahoo
by TravelforFun
Sat Oct 10, 2015 11:30 am
Forum: Personal Consumer Issues
Topic: Thinking of quitting job for a year of travel
Replies: 59
Views: 4863

Re: Thinking of quitting job for a year of travel

Do you like your job? Does your employer allow you to take time off without pay? I take four weeks off a year and go anywhere I want. The time off is good for both me and my employer. Don't quit your job if you're concerned about having to start over.
by TravelforFun
Tue Oct 06, 2015 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Another new two comma club member
Replies: 60
Views: 8567

Re: Another new two comma club member

Dulocracy wrote:Congratulations!!! I always find these types of posts to be motivational. Double congratulations on having this net worth based on your portfolio alone.

Unless you're underwater on the mortgage.
by TravelforFun
Sat Oct 03, 2015 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Another new two comma club member
Replies: 60
Views: 8567

Re: Another new two comma club member

You join the club when your net worth has two commas and net worth = everything you own - everything you owe. I didn't realize others *wouldn't* deduct what they owe to arrive at net worth....even though I know home equity and pensions and annuities have always seemed to be up for discussion. Let m...
by TravelforFun
Sat Oct 03, 2015 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Another new two comma club member
Replies: 60
Views: 8567

Re: Another new two comma club member

My suggestion is to include all your assets including house equity if it's needed to get over the hump, and celebrate once you get there. Then, monitor for when you can be in the 2 comma club without the aid of the house equity, and celebrate once you get there. Then gradually exclude any college s...
by TravelforFun
Mon Sep 28, 2015 9:54 pm
Forum: Personal Consumer Issues
Topic: What is your car buying strategy?
Replies: 84
Views: 5179

Re: What is your car buying strategy?

How do the Bogleheads play the game? Do you have a strategy that you use? I bought a new car in April, a 2015 Lexus ES350. I knew the kind of car that I wanted and the approximate invoice amount (you can get this from the internet). I sent an email to five Lexus dealerships in my state describing t...
by TravelforFun
Mon Sep 21, 2015 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Son needs $140K loan -- how to structure it??
Replies: 31
Views: 4120

Re: Son needs $140K loan -- how to structure it??

The bank wants $140K and it's a good deal, and you have the money. Why don't you buy it then sell it to your son? The money will eventually finds its way back to you.
by TravelforFun
Mon Sep 14, 2015 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: About to pay off mortgage
Replies: 20
Views: 2660

Re: About to pay off mortgage

I can ask for a payoff quote and pay that amount but what happens to the money they have been taking out for my taxes and insurance - I guess they refund me that if I pay those next bills directly. They will refund you. My mortgage company refunded my escrow balance within a month after I paid off ...
by TravelforFun
Sat Sep 12, 2015 10:20 am
Forum: Personal Finance (Not Investing)
Topic: What does an "emergency fund" mean to you?
Replies: 35
Views: 4036

Re: What does an "emergency fund" mean to you?

My emergency fund is my bond fund which is equal to about 10 years of living expenses. All my unplanned expenses go on my credit cards to be paid off monthly with my regular income or sale of some bond fund. There is no need for a huge saving account if you have high-limit credit cards with a grace ...
by TravelforFun
Sat Sep 12, 2015 10:09 am
Forum: Personal Consumer Issues
Topic: Anyone ever used Costco Travel service ?
Replies: 17
Views: 2368

Re: Anyone ever used Costco Travel service ?

Fat-Tailed Contagion wrote:What are the pros and cons of this service in your experience?

THank you!

I use them all the times for cruises, vacation packages, and car rental; and cannotsay enough good things about them. Great prices, clear rules, and exceptional customer services.
by TravelforFun
Sun Sep 06, 2015 10:27 am
Forum: Personal Consumer Issues
Topic: I feel like being retired will be like a living death....
Replies: 21
Views: 2428

Re: I feel like being retired will be like a living death....

The stages of my life can be summarized like this: 20's Too busy with school and new job 30's Too busy raising a family 40's Too busy climbing the career ladder 50's Carer goals acheived, kids out of the house, wife and I began to travel Early 60's. This is where I am, financial goals met, ran my 1s...
by TravelforFun
Thu Sep 03, 2015 6:18 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 753
Views: 111545

Re: What are you up YTD? [Year To Date]

0% YTD. I just lost 8 months of compounding.
by TravelforFun
Wed Sep 02, 2015 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Cue-Lack Anyone?
Replies: 0
Views: 230

Cue-Lack Anyone?

Market fluctuations cause me to take another look at QLAC (Qualified Longevity Annuity Contract). Here is an article in Money Magazine today:
http://time.com/money/4017563/retiremen ... ahoo_money
by TravelforFun
Sun Aug 30, 2015 12:35 am
Forum: Investing - Help with Personal Investments
Topic: Friend's proposed RMD strategy--A little different
Replies: 55
Views: 4580

Re: Friend's proposed RMD strategy--A little different

kaneohe wrote:More tax, less after-tax to spend.

I think you got my point now.
by TravelforFun
Sat Aug 29, 2015 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Friend's proposed RMD strategy--A little different
Replies: 55
Views: 4580

Re: Friend's proposed RMD strategy--A little different

An interesting extreme example is what happens if the market drops so dramatically to the RMD value (e.g. goes down by 96%). In this case, you can remove everything from the TIRA. Then assume a miraculous recovery to its initial value and compare to the TIRA where RMD was removed before the market ...
by TravelforFun
Sat Aug 29, 2015 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Friend's proposed RMD strategy--A little different
Replies: 55
Views: 4580

Re: Friend's proposed RMD strategy--A little different

An interesting extreme example is what happens if the market drops so dramatically to the RMD value (e.g. goes down by 96%). In this case, you can remove everything from the TIRA. Then assume a miraculous recovery to its initial value and compare to the TIRA where RMD was removed before the market ...
by TravelforFun
Sat Aug 29, 2015 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Friend's proposed RMD strategy--A little different
Replies: 55
Views: 4580

Re: Friend's proposed RMD strategy--A little different

Jerry55 wrote: What I plan on doing is making monthly contributions into my 3 children's Roth IRA

Do all three children have earned income? If they don't, you can't contribute to their Roths.
by TravelforFun
Sat Aug 29, 2015 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Its not all about the money, thanks Bogleheads!
Replies: 6
Views: 1233

Re: Its not all about the money, thanks Bogleheads!

I slept very well every night this week even though my portfolio went down 5%. I'm just grateful that I have a high level of tolerance for market swings.

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