Search found 292 matches

by TravelforFun
Sun Apr 17, 2016 6:09 pm
Forum: Investing - Theory, News & General
Topic: Ken Moraif must be getting nervous
Replies: 33
Views: 6726

Re: Market Timing

Taylor Larimore on DFAMAN:

I would like to commend you for your lengthy analysis of a market timer's actual results vs. his claimed results.
--------
Agree with Taylor. Great work, DFAMAN!
by TravelforFun
Mon Apr 11, 2016 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire early
Replies: 29
Views: 5411

Re: Can I retire early

Your annual income is 110K. To maintain your lifestyle in your retirement, your expense will be around 80% of that or 88K a year. Using a safe withdrawal rate of 4% until your SS kicks in then reduce it, you would need a $2.2 million portfolio if you were to retire now. You're short by about half a ...
by TravelforFun
Sun Apr 10, 2016 6:57 pm
Forum: Personal Consumer Issues
Topic: My current bicycle tour in Italy
Replies: 35
Views: 3272

Re: My current bicycle tour in Italy

That Amalfi coastal road is scary! One side is mountain and the other side is a big drop off to sea. It's narrow, curvy, hilly, and full of scooters and buses. I don't think you will be able to enjoy the scenery. Have a safe ride!
by TravelforFun
Sat Apr 09, 2016 10:54 am
Forum: Investing - Theory, News & General
Topic: Are you planning to leave an "estate"?
Replies: 74
Views: 6655

Re: Are you planning to leave an "estate"?

We have kids, grandkids, nephews and nieces, and intend to leave a generous sum to be divided among themselves according to our wills. Wife is retired but I still work. When I retire, we plan on having a SWR of less than 3% and more than likely, our portfolio will be bigger when we're both dead than...
by TravelforFun
Sat Apr 09, 2016 10:44 am
Forum: Investing - Theory, News & General
Topic: Are you planning to leave an "estate"?
Replies: 74
Views: 6655

Re: Are you planning to leave an "estate"?

We don't have kids so whatever we have left when we both are dead will go to charities. I'm definitely not intending to maximize those gifts in any way. I am curious if people who don't intend to leave an estate choose a higher SWR than 4%? If you chose a higher SWR than 4%, you could run out of mo...
by TravelforFun
Wed Mar 30, 2016 3:34 pm
Forum: Personal Consumer Issues
Topic: Europe Trip in August
Replies: 99
Views: 5242

Re: Europe Trip in August

ultra2006mg wrote:Thanks again for all the support and replies. My wife is feeling a lot better and has been on the phone with the travel agent booking our tours and finalizing everything. So we are off to Europe

When are you going? We're flying into Brussels April 28 to start our three-week travel in Europe.
by TravelforFun
Wed Mar 30, 2016 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Which Engineering Discipline for the next 20+ years !!!
Replies: 122
Views: 6870

Re: Which Engineering Discipline for the next 20+ years !!!

I'm a civil engineer, a Texas PE, and on the last leg of my 40-year successful, non-interrupting, and satisfying career. Nothing beats seeing something you design and build gets used and is loved by the public.
by TravelforFun
Mon Mar 28, 2016 6:10 pm
Forum: Personal Consumer Issues
Topic: DO I need a landscape architect?
Replies: 13
Views: 1510

Re: DO I need a landscape architect?

We moved into a new house in central Va. Have a small backyard on a slope. Would like to make it a 2-tier lawn with some landscape. I'm not answering your questions but if I have a small backyard, I wouldn't divide it in half by making it a 2-tier lawn. Build one wall as close to the property line ...
by TravelforFun
Sat Mar 26, 2016 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Opening multiple credit cards for bonuses?
Replies: 30
Views: 2418

Re: Opening multiple credit cards for bonuses?

I've been doing the bonus game for years. Not to the level of some, did about 5 new cards in last year and credit score remains high, around 850. One issue did come up a few years ago with an insurance company wanting to raise our rates based on their "insurance credit score". They were g...
by TravelforFun
Sat Mar 26, 2016 9:56 pm
Forum: Investing - Theory, News & General
Topic: "Mitigating the Risks of Cognitive Decline"
Replies: 45
Views: 4931

Re: "Mitigating the Risks of Cognitive Decline"

I'm still amazed that Mr. Larimore is 92. I wish I will be half as sharp as he is when I get there and I really hope I get there.
by TravelforFun
Sat Mar 26, 2016 6:49 pm
Forum: Personal Consumer Issues
Topic: Europe Trip in August
Replies: 99
Views: 5242

Re: Europe Trip in August

We will start our Europe trip in Brussels in late April. Terrorists are not going to change our lives.
by TravelforFun
Tue Mar 22, 2016 6:31 pm
Forum: Investing - Theory, News & General
Topic: Investing for 18 year old?
Replies: 9
Views: 526

Re: Investing for 18 year old?

DoTheMath wrote:
She may well work while in college, at least during the summer, and so an IRA could still be an option.

A better option would be to open a Roth if she has earned income.
by TravelforFun
Tue Mar 22, 2016 12:56 pm
Forum: Personal Consumer Issues
Topic: Landscaping / grading issue...
Replies: 6
Views: 851

Re: Landscaping / grading issue...

In civil construction, grading implies positive drainage i.e. no ponding unless you specifically ask the contractor for it.
by TravelforFun
Sun Mar 13, 2016 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: How can I help my little kids earn a little money?
Replies: 11
Views: 1285

Re: How can I help my little kids earn a little money?

betterfinances wrote:My kids bank accounts pay about 5% interest (up to mid-three figure account balance)

What bank pays 5% interest on either checking or savings account?
by TravelforFun
Sun Mar 13, 2016 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: For Parents Who Have Given a Child Money For Home Down Payment
Replies: 158
Views: 10832

Re: For Parents Who Have Given a Child Money For Home Down Payment

When our son got married, we gave him and his new wife money for the down payment on a house but we made both of them sign an agreement that states that if they would stay married and remain in the house for five years, the money would be theirs, otherwise each of them would owe us 1/2 of the amount...
by TravelforFun
Sat Mar 12, 2016 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance article. (New methods.)
Replies: 4
Views: 893

Re: Long Term Care Insurance article. (New methods.)

We've been paying our LTC premium for years but hope we will never have to use it.
by TravelforFun
Thu Mar 03, 2016 11:35 pm
Forum: Investing - Theory, News & General
Topic: Just lost 4.08% on Forever stamps.
Replies: 63
Views: 6868

Re: Just lost 4.08% on Forever stamps.

Just keep them until postal rates go up again. You can buy new stamps at the lower rate when it goes into effect. +1 Right now it's only a paper loss. Hold on to them until the price recovers and buy the cheaper stamps to use in the interim. :P Doesn't make any difference. You bought 50 stamps yest...
by TravelforFun
Mon Feb 29, 2016 7:59 pm
Forum: Personal Consumer Issues
Topic: Is Working from Home the New Normal?
Replies: 57
Views: 5463

Re: Is Working from Home the New Normal?

Not to mention I missed the social aspect of going in to a real office and seeing real faces. It gets very lonely very soon. Absolutely hated it and had eventually quit the job. I used to work from home before I changed job three years ago. The only reason I asked to be allowed to work from home wa...
by TravelforFun
Sat Feb 27, 2016 6:26 pm
Forum: Investing - Theory, News & General
Topic: What is your target portfolio size?
Replies: 66
Views: 6991

Re: What is your target portfolio size?

50 X annual expenses. Our kids are counting on this. :happy
by TravelforFun
Sun Feb 21, 2016 12:51 pm
Forum: Investing - Theory, News & General
Topic: At what rate would you borrow to invest?
Replies: 81
Views: 6117

Re: At what rate would you borrow to invest?

I would say that the term of the loan is generally far more important than the actual rate of the loan. For example, I wouldn't take out a 0% percent loan to invest if the payback period was 1 year, however 3% loan with a 30 year term is another matter entirely. 15 or 20 years ago, credit card comp...
by TravelforFun
Sun Feb 21, 2016 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Do you use the service of a CPA or you do your tax yourself?
Replies: 88
Views: 6368

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

I have been using a CPA for the last 20 years. Right now, I am getting charged $225 a year. I consider this fee a bargain. I got sick and tired of doing my own tax returns. It is simply a waste of my valuable time. With my CPA, she turns them the returns around quickly, no fuss no muss. Boy, I will...
by TravelforFun
Sun Feb 21, 2016 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation Homes
Replies: 78
Views: 9534

Re: Vacation Homes

- Once we bought the condo, we stopped vacationing elsewhere. It is a hard sell to go somewhere else and pay for lodging when we can stay "for free" at our condo. This was not an issue for the first few years, but now we kinda miss going to other places. It may be an even harder problem f...
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: 1817

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: 45
Views: 9568

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: 1320

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: 5626

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: 656
Views: 17783

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: 1353

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: 355
Views: 48167

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: 818
Views: 125889

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: 8368

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: 5126

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: 12821

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: 518

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: 1948

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: 4756

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: 4756

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: 6450

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: 6453

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: 6453

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: 6453

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: 4770

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: 465
Views: 42270

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: 465
Views: 42270

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: 465
Views: 42270

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: 3099

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: 2085

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: 7274

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: 1726

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: 465
Views: 42270

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...

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