Search found 2417 matches

by carolinaman
Sun Jun 25, 2017 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Two potential job offers and buying time - please help!
Replies: 10
Views: 948

Re: Two potential job offers and buying time - please help!

Lobster's advice was excellent. Be honest with both companies but keep it simple with no details.Otherwise,your stalling will send negative vibes to both companies.
by carolinaman
Fri Jun 23, 2017 6:23 am
Forum: Personal Consumer Issues
Topic: Actuary Career - Thoughts Please
Replies: 19
Views: 2325

Re: Actuary Career - Thoughts Please

In terms of what I actually do, I work at a mid-sized actuarial firm that specializes in employee benefit consulting. Our actuaries and analysts work primarily on pensions , defined benefit and contribution plans, healthcare consulting, valuations of all sorts, and an investments branch. I spend a ...
by carolinaman
Thu Jun 22, 2017 6:59 am
Forum: Investing - Help with Personal Investments
Topic: Do Indexers Need 401(k) Plans?
Replies: 15
Views: 1759

Re: Do Indexers Need 401(k) Plans?

The advantage in the 401k plan is when your working marginal tax rate is higher than when you are retired. In that instance, you will pay less taxes by using the 401k. If the rate is the same or less while working, then you may pay less taxes in taxable account due to lower LTCG rate. Make sure you ...
by carolinaman
Tue Jun 20, 2017 7:46 am
Forum: Personal Consumer Issues
Topic: Charleston and Savannah
Replies: 6
Views: 887

Re: Charleston and Savannah

October is a great time to go because the weather is more pleasant. Hurricane season is still in effect but beginning to diminish and these areas miss most of the storms. My daughter lives in Charleston area so we have visited many times over the years. The previous threads probably cover everything...
by carolinaman
Mon Jun 19, 2017 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Scratched Bumper with Police on the Scene
Replies: 26
Views: 2340

Re: Scratched Bumper with Police on the Scene

First step is to get a copy of the police report. Hopefully the cop is clear about who was at fault. Police often are neutral on these types of accidents, and if so, you may have difficulty with the other party's insurance. Do you have contact info for the witness? That could be important. Assuming ...
by carolinaman
Sun Jun 18, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Using FV,PV, and PMT for retirement tracking
Replies: 4
Views: 365

Re: Using FV,PV, and PMT for retirement tracking

I have used these functions in Excel for retirement planning. Whenever I did, I also setup linear spreadsheets to verify results and also see progression on a year by year basis. I could quickly change variables in the spreadsheet (investment return, inflation, savings) to see the impact. I always ...
by carolinaman
Sun Jun 18, 2017 6:51 am
Forum: Investing - Help with Personal Investments
Topic: Using FV,PV, and PMT for retirement tracking
Replies: 4
Views: 365

Re: Using FV,PV, and PMT for retirement tracking

I have used these functions in Excel for retirement planning. Whenever I did, I also setup linear spreadsheets to verify results and also see progression on a year by year basis. I could quickly change variables in the spreadsheet (investment return, inflation, savings) to see the impact. I always w...
by carolinaman
Sat Jun 17, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Family Death in MD
Replies: 19
Views: 1538

Re: Family Death in MD

MD law will determine the distribution of assets to heirs if the will did not stipulate asset distribution. Power of attorney only applies while the person is living. Did you mean to say executor of the estate instead of POA? If not, the courts will appoint someone to be executor who will administer...
by carolinaman
Sat Jun 17, 2017 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 16080

Re: Siblings in disagreement over mom's house.

I am not a lawyer but my wife shares ownership of a land parcel with 6 siblings. She handled transfer of one share to her by a brother. The attorney handling it said that any one of the owners could force the sale of the property. A lawyer would have to file suit to force the sale. This is NC law, n...
by carolinaman
Fri Jun 16, 2017 7:45 am
Forum: Investing - Theory, News & General
Topic: 30 yr TIPS auction 6/22: yield 1.0%?
Replies: 37
Views: 3486

Re: 30 yr TIPS auction 6/22: yield 1.0%?

Grok, It is sobering to say it, but: I'm just too old to buy 30-year TIPS anymore . . . My LMP ladder goes out to 85 but after that, it's going to be an annuity or something, depending on how the market forces and our health hold out. Hi ArtsDoctor, Fair enough. I'm also planning to annuiitze in my...
by carolinaman
Fri Jun 16, 2017 7:28 am
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 92
Views: 7450

Re: Anyone else gotten totally bored with investing?

I agree that a simple index portfolio is boring and it should be. However, there are a lot of other topics in the finance and retirement planning space to study and consider that are applicable to me. This is typically my focus in reading the Forum.
by carolinaman
Fri Jun 16, 2017 7:22 am
Forum: Investing - Help with Personal Investments
Topic: Is Funding Target Attainment Percentage too low?
Replies: 3
Views: 329

Re: Is Funding Target Attainment Percentage too low?

Welcome to the forum. In order to best answer your question, we need to know what the lump sum payout would be and what the monthly annuity payment would be starting at age 59. We also need to know if the pension is COLA based or not and what your present age is.
by carolinaman
Wed Jun 14, 2017 12:43 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Stocks, Bonds, & Risk
Replies: 61
Views: 4927

Re: Larry Swedroe: Stocks, Bonds, & Risk

This article makes me think of the statement "If you have already won the game why keep playing?" Some people have high equity allocation through their working careers and have achieved a lot of success with their investments. As they reach retirement they tend to forget that it may not al...
by carolinaman
Wed Jun 14, 2017 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 11843

Re: Who takes financial chances and why is this forum so financially conservative?

I do not believe this forum is financially conservative. You will find subsets of all types of people here: risk takers, ultra conservatives and everything in between. On balance, it is a mature group who understand the risks of investing and risks of other financial matters. Someone used the term &...
by carolinaman
Mon Jun 12, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Annual returns for mutual funds for retirement in 25 years?
Replies: 18
Views: 1696

Re: Annual returns for mutual funds for retirement in 25 years?

Many experts are forecasting lower than average returns in the next 10 years. This is an excerpt from Schwab: "Our estimates show that, over the next 10 years, stocks and bonds will likely fall short of their annualized returns from 1970 to 2016. The estimated annual expected return for U.S. la...
by carolinaman
Mon Jun 12, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Attorneys: Can family be held liable if moving elder into independent living apartment?
Replies: 17
Views: 1877

Re: Attorneys: Can family be held liable if moving elder into independent living apartment?

I am not a lawyer but I wonder if the independent living center will ask questions about her condition. If so, you would b obligated to answer truthfully. If they know of her condition, they may not accept her. I agree with your desire. These decisions are so difficult. I wish the best outcome for y...
by carolinaman
Mon Jun 12, 2017 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Name Change After Getting Married
Replies: 17
Views: 1897

Re: Name Change After Getting Married

This can snag you in a variety of ways. My wife always used her nickname and legal last name for driver's license, credit accounts, etc. We first ran afoul of that when applying for a HELOC. The bank was not sure who she was. It took awhile to convince them who she was. There were later problems wit...
by carolinaman
Sun Jun 11, 2017 6:35 am
Forum: Personal Consumer Issues
Topic: Overpaid Big Time On Warranty
Replies: 55
Views: 2743

Re: Overpaid Big Time On Warranty

Extended warrantyies are never a good idea for the consumer. The dealer's interpretation of "wear and tear" is much broader than what you think. Even a reputable company like Toyota will scam you. I succumbed to purchasing an extended warranty for a 2007 Avalon bought used in 2010. Immedia...
by carolinaman
Thu Jun 08, 2017 7:11 am
Forum: Personal Consumer Issues
Topic: AAA Cost
Replies: 75
Views: 4949

Re: AAA Cost

$114 for wife and I. We use for roadside assistance and have received assistance several times over the years. I do not find their other services of value. Most hotels offer AARP same discounts as AAA, so this is not of value. I have talked to travel folks and find I can do this myself without much ...
by carolinaman
Sun Jun 04, 2017 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversions if you are already in the 25% bracket
Replies: 16
Views: 1282

Re: Roth conversions if you are already in the 25% bracket

Does it really make sense to do a Roth conversion if your tax bracket will remain the same? I think it does make sense simply because there will not always be 2 of you. When one dies, the survivor may (will?) be pushed into a higher bracket. Converting now at 25% (assuming no phase outs) is better ...
by carolinaman
Sun Jun 04, 2017 6:53 am
Forum: Investing - Help with Personal Investments
Topic: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?
Replies: 44
Views: 2351

Re: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?

There is no risk free time to do this, but the risks of the stock market are greater than the bond market. You have a great risk in the decline of the stock market than the bond market. That said, you could do this all at one time, assuming it will not trigger higher capital gains taxes. Make sure y...
by carolinaman
Sun Jun 04, 2017 6:41 am
Forum: Investing - Theory, News & General
Topic: Simulators, Reality, and Motiviation to Stay the Course
Replies: 13
Views: 1213

Re: Simulators, Reality, and Motiviation to Stay the Course

I'm nearing retirement. Simulators aren't of limited usefulness, they're completely, entirely useless. You'll never know whether your strategy pays off until it's too late to change it. I think bogleheads have a particular problem accepting that because in their careers so many of them could throw ...
by carolinaman
Sun Jun 04, 2017 6:04 am
Forum: Personal Consumer Issues
Topic: New iPad use
Replies: 34
Views: 2795

Re: New iPad use

I have received the iPad mini mentioned in this thread: https://www.bogleheads.org/forum/viewtopic.php?f=11&t=219577 One wrinkle was that I knew in the back of my head (from research at work for possibly using them as test equipment) was that these devices don't have Ethernet connectors. I don'...
by carolinaman
Sat Jun 03, 2017 7:06 am
Forum: Investing - Help with Personal Investments
Topic: TLH or not? [Tax Loss Harvesting]
Replies: 15
Views: 917

Re: TLH or not?

Yes, VG is superb at this form of investing. I'm only a DIY investor because it's my hobby & keeps me interested in the markets on a daily basis. I'm sure VG could get me a better return but that's actually secondary to me at this time in my life. Hard to believe I know but my trading costs are...
by carolinaman
Sat Jun 03, 2017 6:51 am
Forum: Investing - Theory, News & General
Topic: Murphy's Law Of Retirement
Replies: 33
Views: 5174

Re: Murphy's Law Of Retirement

People should always have a cushion when planning their retirement. Your retirement is risky if you only have exactly what you project you will need based upon your retirement income, portfolio performance, inflation, etc. Expect Murphy's Law to apply to you and have more than you think you will nee...
by carolinaman
Thu Jun 01, 2017 7:26 am
Forum: Personal Consumer Issues
Topic: Reasonable HVAC Quote?
Replies: 34
Views: 2912

Re: Reasonable HVAC Quote?

The price seems reasonable but as others have suggested, get quotes from a couple of other firms. FWIW, make sure your ductwork is properly insulated. I had a new HVAC installed and 2 years later wound up installing new duct work. Best to do all at once if it is needed.
by carolinaman
Wed May 31, 2017 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Approaches (forced) - review my situation?
Replies: 29
Views: 4894

Re: Early Retirement Approaches (forced) - review my situation?

You appear to be in good shape and have done a good job of analyzing your financial situation. A few thoughts. I understand the desire to have a higher equity allocation as a younger retiree. However, have you considered the impact of the sequence of return risk on your portfolio? A major downturn i...
by carolinaman
Wed May 31, 2017 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Senility: How do you plan on protecting your money when you lose your mental capacities?
Replies: 72
Views: 5787

Re: Senility and Seductresses: How do you plan on protecting your money when you lose your mental capacities?

It is not a question of "when" but "if". Not all seniors become senile but the risk is definitely there. Also, I may be the last to figure it out. My plan is for our daughter to be a DPOA for me and wife. This involves setting up legal DPOA documents as well as the necessary pape...
by carolinaman
Wed May 31, 2017 7:00 am
Forum: Personal Consumer Issues
Topic: Is it worth it spending money to keep your house looking sharp?
Replies: 54
Views: 7020

Re: Is it worth it spending money to keep your house looking sharp?

My answer is yes, but there are limits to how much money one should spend. I am all for keeping home clean, furnished nicely and amenities like flower gardens, a well groomed lawn, etc. It does not make sense to have a relatively expensive house that is not well maintained. OTOH, I think the expense...
by carolinaman
Tue May 30, 2017 11:22 am
Forum: Local Chapters and Bogleheads Community
Topic: Memorial Day
Replies: 28
Views: 2570

Re: Memorial Day

Thank you Taylor for your brave service to our country. I also thank all who have risked it all for our country and especially those who have paid it all.
by carolinaman
Tue May 30, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Investment complications
Replies: 5
Views: 650

Re: Investment complications

Hello All, OK, after that long winded story, my question is this: Do those advisors get one into so many mutual fund positions in order to make it look like it's more complicated than it really is in order to justify their existence? Going through the threads here was a huge help....my thanks to ev...
by carolinaman
Tue May 30, 2017 11:09 am
Forum: Personal Consumer Issues
Topic: How best to care for someone who frequently falls
Replies: 32
Views: 2576

Re: How best to care for someone who frequently falls

His primary physician should be able to recommend some sort of home assistance and evaluation. The evaluation may be key to reducing risks of falls and provide references of who to call when help is needed. Once they diagnose his problem, they should have a better idea of how to help him. If this si...
by carolinaman
Tue May 30, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: Multiple seat belt tickets- options?
Replies: 36
Views: 3751

Re: Multiple seat belt tickets- options?

Talk with an attorney that specializes in traffic violations. It will cost you but they can likely get charges reduced to something less impactful on your insurance and license. I hired one for my son and I was amazed at what he did. He was able to get old tickets removed from his record. He dealt w...
by carolinaman
Tue May 30, 2017 7:11 am
Forum: Investing - Help with Personal Investments
Topic: how do you invest the bond portion of your portfolio
Replies: 19
Views: 1864

Re: how do you invest the bond portion of your portfolio

Hi Everyone I was wondering how do you guys invest the bond portion of your portfolio I am in late 30's I have read that you should invest half of the bond portion in a bond index fund and the other half in TIPS. so i was planning to invest half of the bond portion in Vanguard Total Bond Market Ind...
by carolinaman
Mon May 29, 2017 7:06 am
Forum: Personal Consumer Issues
Topic: Retiring in southern college town
Replies: 78
Views: 5609

Re: Retiring in southern college town

I am not retired, but did move to the South from the Northeast. I think your fears about #2 are overblown. First, you're talking about a college town, which is not exactly without outside influences and northern transplants. Second, if you are respectful of the inhabitants and their way of life, yo...
by carolinaman
Mon May 29, 2017 6:58 am
Forum: Personal Consumer Issues
Topic: House Shopping: Some Doors Open/Close Poorly, Foundation Problem?
Replies: 22
Views: 1796

Re: House Shopping: Some Doors Open/Close Poorly, Foundation Problem?

It is quite normal for houses to settle and cause problems like you described. IMO, that is more probable than foundation problems and can be easily fixed by a good carpenter. I had a couple of doors like this and had them adjusted when doing some remodeling a few years ago (my house is 44 years old...
by carolinaman
Sat May 27, 2017 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Meeting with retirement guru, specializes in federal govt employees
Replies: 72
Views: 7106

Re: Meeting with retirement guru, specializes in federal govt employees

A key question for any FA is "how are you compensated"? A second is are you a fiduciary to me? It sounds like your initial consultation is limited in scope so these may not apply unless you do more with him. I would provide a summary of my retirement plans, including investments, expected ...
by carolinaman
Thu May 25, 2017 7:46 am
Forum: Investing - Help with Personal Investments
Topic: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice
Replies: 51
Views: 3362

Re: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice

Are your pensions COLA based? If not, the purchasing power of your pensions will decline over time, and that needs to be factored into your plans. I assume the 4% return is nominal, not real. It is a little hard to determine your AA because the funds allocation slides toward more fixed income as it ...
by carolinaman
Wed May 24, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: California probate - DIY?
Replies: 7
Views: 793

Re: California probate - DIY?

I was executor of my mother's small estate in VA (I am a resident of NC). I did research and laid out a plan for handling her estate. I then had a VA attorney review my plan. I got some good advice and he affirmed my plan was sound. It cost me an hour of his time. I assume you could take a similar a...
by carolinaman
Wed May 24, 2017 7:17 am
Forum: Investing - Theory, News & General
Topic: Are all markets efficient?
Replies: 28
Views: 1602

Re: Are all markets efficient?

Some markets are less efficient than others, but I wouldn't expect any alpha after expenses. If there's a manager who produces alpha after expenses, they will likely increase fees and/or attract more money until performance suffers. +1. Markets can be less efficient in the short term, but long term...
by carolinaman
Tue May 23, 2017 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Heir died before receiving full share due
Replies: 11
Views: 2866

Re: Heir died before receiving full share due

Hello, As executor of an estate I am making final disbursements to heirs in the Philippines. One heir died before receiving his full share. He was never married but has three children that were living with him. I don't think any of them speak English and suspect one may be illiterate as was their f...
by carolinaman
Tue May 23, 2017 7:13 am
Forum: Investing - Theory, News & General
Topic: invest $1M pension pot in one fund
Replies: 4
Views: 1152

Re: invest $1M pension pot in one fund

There is not much to manage with VLS60. Life Strategy funds are a great choice for those wishing an all-in-one fund and if this fits your AA, then go for it. It will handle rebalancing for you. Only possible glitch I see is if this is in a taxable account, it is less tax efficient than some other ch...
by carolinaman
Tue May 23, 2017 7:06 am
Forum: Personal Finance (Not Investing)
Topic: First house - penny wise?
Replies: 12
Views: 2678

Re: First house - penny wise?

Idaho sounds similar to Charleston, SC area which has had a tremendous influx of northeasterners in last 20 years. I had a hard time understanding how prices were so high considering Charleston does not have many high paying jobs like many cities. One realtor explained that as long as people from th...
by carolinaman
Tue May 23, 2017 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 9355

Re: Net worth is overrated

Net worth is a useful document that essentially states your present net worth. Also, as the OP states, there is a lot of variability in what people put in a net worth statement which makes it difficult to compare with others. It seems it is used more on this site for bragging rights.
by carolinaman
Mon May 22, 2017 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Advice: grandparents estate planning issues
Replies: 9
Views: 1349

Re: Advice: grandparents estate planning issues

Medicaid typically does not pay for assisted living. They do pay for nursing home care. If Medicaid does cover care for your grandparents, they will likely force the sale of the home. Also, they have a 5 year clawback meaning that they will look closely at any financial transactions by the couple du...
by carolinaman
Mon May 22, 2017 7:10 am
Forum: Personal Consumer Issues
Topic: Risks of electronic access
Replies: 57
Views: 4764

Re: Risks of electronic access

The safest approach is to do all transactions in person at local bank and investment firm. That is often impossible or very inconvenient. Hence, the need for some form of electronic transactions. I think you are placing too great a confidence in US mail. My wife mailed two pieces of mail at the post...
by carolinaman
Mon May 22, 2017 6:33 am
Forum: Personal Finance (Not Investing)
Topic: No estate plan, are DIYs wills good enough for now? CA residents need ASAP
Replies: 18
Views: 1508

Re: No estate plan, are DIYs wills good enough for now? CA residents need ASAP

Having an estate plan seems important enough to find time to get it done. Apparently the surgery is serious enough to consider this important and a recognition that this is something that is needed. If the people are just "too busy" to take the time, it sounds like you need to forget it an...
by carolinaman
Sun May 21, 2017 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Investing FOR Retirement vs Investing IN Retirement
Replies: 25
Views: 2483

Re: Investing FOR Retirement vs Investing IN Retirement

The FOR is in the accumulation phase and has human capital which can help makeup for losses. The IN is in the decumulation phase and no longer has human capital, meaning that they must make up for investment losses through investment gains or a reduction of their living expenses, i.e. reduce their s...
by carolinaman
Sun May 21, 2017 5:47 am
Forum: Investing - Theory, News & General
Topic: Puzzle for you: Stocks returns vs. Economic Growth
Replies: 36
Views: 2683

Re: Puzzle for you: Stocks returns vs. Economic Growth

USA
China
India

The only thing I am sure is that USA is not C
by carolinaman
Sun May 21, 2017 5:38 am
Forum: Personal Finance (Not Investing)
Topic: Job change--crazy financial move?
Replies: 9
Views: 1335

Re: Job change--crazy financial move?

I think you have answered your own question. Number 2 is the clear choice based on how you have framed it. There is more to life than just money and you cannot get those things with job #1. Take job #2 and do not look back.

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