Search found 1202 matches

by dwickenh
Tue Jul 17, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Considering lump sum withdrawal from former employer's retirement fund, to have $ actively managed by pro $ manager
Replies: 10
Views: 990

Re: Considering lump sum withdrawal from former employer's retirement fund, to have $ actively managed by pro $ manager

Just say "no" to UBS' QGARP. Go with a simple 3 fund portfolio and keep contributing the max allowed. Contributing the max will do much more for your retirement than the UBS' QGARP. You are in good shape, just don't fidget with it too much now other than making it simple(3 fund Port) Best to you, Dan
by dwickenh
Sun Jul 15, 2018 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Property tax + deductions
Replies: 15
Views: 1534

Re: Property tax + deductions

I am trying to better plan our savings for this year. Can someone shed some light on how deductions work with property taxes. We live in a VHCOL area and our property taxes are rather high. It is ~30k on a 2.5 million house. Do we get to write off a portion of our property taxes? What are some ways...
by dwickenh
Sun Jul 15, 2018 7:44 am
Forum: Investing - Help with Personal Investments
Topic: Need to generate income
Replies: 27
Views: 2472

Re: Need to generate income

I’ve looked at vanguard managed payout fund and their reits and other funds not sure which way to go. I’ve thought about contacting vanguard personal advisor to hear their thoughts Vanguard has a very good income fund called Wellesley Income Fund. It has very low expenses, good management, and a gr...
by dwickenh
Sun Jul 15, 2018 7:36 am
Forum: Investing - Help with Personal Investments
Topic: Should I simplify my portfolio and switch from 3 fund to 2 fund portfolio?
Replies: 45
Views: 2046

Re: Should I simplify my portfolio and switch from 3 fund to 2 fund portfolio?

So right now I have about 60% VTI (US stock index) 30% VXUS (non-US stock index) 10% BND (US bond index) I'm thinking maybe I could make my stock portfolio even more simple and get rid of 30% VXUS and switch it to 90% VTI and 10% BND. Why? Because American companies still have their income coming f...
by dwickenh
Sun Jul 15, 2018 7:32 am
Forum: Investing - Help with Personal Investments
Topic: AA Help
Replies: 2
Views: 172

Re: AA Help

Since you are comfortable with your 47/53 asset allocation and if you can accomplish all of your goals, you should stick to it. A 50/50 portfolio is a great asset allocation to have in retirement. I happen to agree with this assessment. Being comfortable with your allocation and able to meet your g...
by dwickenh
Sat Jul 14, 2018 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Questioning insurance valuation for homeowners
Replies: 24
Views: 1222

Re: Questioning insurance valuation for homeowners

The replacement cost calculation has a direct effect on the premium being paid to the Insurance company. So why would anyone just agree without checking the replacement cost of their home. It is easy to check any local new housing with close square footage and subtract the cost of the lot(as it neve...
by dwickenh
Wed Jul 11, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Dad asked for my help on pension decision that I do not understand
Replies: 43
Views: 3299

Re: Dad asked for my help on pension decision that I do not understand

Annuities make me nervous, because they depend on the insurance company staying in business, Or is that wrong? Is there some other guarantee? Most state insurance agencies have funds that cover insolvency up to a dollar amount. For example in Illinois you are protected for an an annuity up to $250,...
by dwickenh
Wed Jul 11, 2018 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Dad asked for my help on pension decision that I do not understand
Replies: 43
Views: 3299

Re: Dad asked for my help on pension decision that I do not understand

Annuities make me nervous, because they depend on the insurance company staying in business, Or is that wrong? Is there some other guarantee? Most state insurance agencies have funds that cover insolvency up to a dollar amount. For example in Illinois you are protected for an an annuity up to $250,...
by dwickenh
Tue Jul 10, 2018 7:17 pm
Forum: Personal Consumer Issues
Topic: Rodents ate my car, and my insurance is ripping me off!
Replies: 37
Views: 2850

Re: Rodents ate my car, and my insurance is ripping me off!

I have experience with this type of claim. The LKQ fuel tank(used) is normally not a concern on a vehicle 5 years old. The only thing I would wonder about is the wiring that was chewed. Was it to the in tank fuel pump? I would not want to accept a used fuel pump from the salvage yard. The labor dif...
by dwickenh
Tue Jul 10, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: Investing for Income Vs. Taking Withdrawals?
Replies: 6
Views: 660

Re: Investing for Income Vs. Taking Withdrawals?

These "high yield" products make me queasy. I see folks reaching for yield without concern for principle or growth. I read the same type of articles on a regular basis and find them too risky for me. Your mileage may vary.

Dan
by dwickenh
Tue Jul 10, 2018 9:12 am
Forum: Personal Consumer Issues
Topic: Auto Tariffs: time to buy?
Replies: 63
Views: 3616

Re: Auto Tariffs: time to buy?

Pajamas wrote:
Tue Jul 10, 2018 9:01 am
dwickenh wrote:
Tue Jul 10, 2018 8:59 am
Pajamas wrote:
Tue Jul 10, 2018 8:54 am
Have you considered waiting to buy one of the newer models that burns coal?
Or the solar model from years past..........
Solar models won't get enough sun through the haze from the coal models. . . .
LOL good point PJ!!
by dwickenh
Tue Jul 10, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Rodents ate my car, and my insurance is ripping me off!
Replies: 37
Views: 2850

Re: Rodents ate my car, and my insurance is ripping me off!

I have experience with this type of claim. The LKQ fuel tank(used) is normally not a concern on a vehicle 5 years old. The only thing I would wonder about is the wiring that was chewed. Was it to the in tank fuel pump? I would not want to accept a used fuel pump from the salvage yard. The labor diff...
by dwickenh
Tue Jul 10, 2018 8:59 am
Forum: Personal Consumer Issues
Topic: Auto Tariffs: time to buy?
Replies: 63
Views: 3616

Re: Auto Tariffs: time to buy?

Pajamas wrote:
Tue Jul 10, 2018 8:54 am
Have you considered waiting to buy one of the newer models that burns coal?
Or the solar model from years past..........
by dwickenh
Tue Jul 10, 2018 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Should I move all my investments to Vanguard?
Replies: 31
Views: 2249

Re: Should I move all my investments to Vanguard?

Taylor Larimore often posts his list of benefits in using a single custodian. I agree and hope he doesn't mind me reposting his list! Benefits of having all investments in one company: 1. One familiar statement. 2. Less paperwork. 3. Easier tax preparation. 4. Avoidance of low-balance and other sma...
by dwickenh
Sun Jul 08, 2018 8:48 am
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 8896

Re: What rate of return are you using for retirement projections?

Murgatroyd wrote:
Sun Jul 08, 2018 8:41 am
Historically I have used 2%. Until I recently realized dividends and interest alone accounted for 2.4%. So I got aggressive and changed the formula to 3%.
OMG you are aggressive...... :sharebeer

Dan
by dwickenh
Sun Jul 08, 2018 8:42 am
Forum: Local Chapters and Bogleheads Community
Topic: First Post [New to forum, using two-fund portfolio]
Replies: 17
Views: 1069

Re: First Post [New to forum, using two-fund portfolio]

Just thought I would finally make a post after skulking around for a year or two. I am 48 and live way down in the nice cool deep south (heat index of 35,000 degrees). I already have a few favorite posters I usually read on here. I guess my all time fave is Toons. Second would be stemiker (spelling...
by dwickenh
Sat Jul 07, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance gap
Replies: 12
Views: 662

Re: Health insurance gap

Agree with all posts- But the cobra coverage now to cover the 2 months and more if needed.
by dwickenh
Fri Jul 06, 2018 6:28 pm
Forum: Investing - Theory, News & General
Topic: Yield curves and bond returns
Replies: 31
Views: 2565

Re: Yield curves and bond returns

As promised ... Let's say that the yield curve did not remain static, which is the assumption on which the expected return and roll return were based, but instead increased at all terms by 20 basis points over the one-year holding period. This is how the realized returns would compare to the initia...
by dwickenh
Tue Jul 03, 2018 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation once you reach your target
Replies: 42
Views: 3010

Re: Asset Allocation once you reach your target

I am retired and have hit my number. I am 50/50 allocation because it just feels right and the 50% fixed income gives me 30 years of needed portfolio income. It(portfolio) is not that "big", I just don't need that much from the portfolio.

Good luck,

Dan
by dwickenh
Sun Jul 01, 2018 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Does It Make Sense to Wait to Claim SocSec?
Replies: 62
Views: 6782

Re: Does It Make Sense to Wait to Claim SocSec?

If she files early, her widow's benefit will be reduced by the same percent as her FRA. I have read the SSA.gov site for survivor benefits and was unable to confirm your statement. It would make more sense that if she claims survivor benefits, it would be based on the age of the survivor at the tim...
by dwickenh
Sun Jul 01, 2018 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Three-Fund Portfolio vs. Lifestrategy Income Fund in Taxable Account
Replies: 8
Views: 912

Re: Three-Fund Portfolio vs. Lifestrategy Income Fund in Taxable Account

I know a client who used the Vanguard LifeStrategy Income fund for saving for a new vehicle recently, and it worked out well for them. I was going to suggest that they use it again, but was curious as to your thoughts on using a 3-fund portfolio in place of the LifeStrategy Income Fund: https://inv...
by dwickenh
Sun Jul 01, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Portfolio Withdrawals
Replies: 21
Views: 2214

Re: Retirement Portfolio Withdrawals

I am currently keeping about 24 months of expenses in High Yield Checking at 1.95% and Short Term Bonds 3.18% at a 50/50 ratio. This works well for me to sleep at night and not worry about selling in a down market. Once I start Social Security I will be able to lower the amount needed to carry me fo...
by dwickenh
Sun Jul 01, 2018 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Question on "If You Can, How Millenials Can Get Rich Slowly"
Replies: 30
Views: 3709

Re: Question on "If You Can, How Millenials Can Get Rich Slowly"

Hi: Eighteen years old and already on the right track (ie, this forum); how I envy you. I didn't start to figure things out until I was forty. I meant that section in two ways: 1) From a theoretical point of view, the very best investment is a solid opportunity that only you know about. Ie, the mor...
by dwickenh
Sun Jul 01, 2018 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting question
Replies: 15
Views: 1034

Re: Tax loss harvesting question

I own both funds (vbtlx and vbilx) in my IRA. They would work fine for tax loss harvesting. Per livesoft, hopefully you are in a low tax brkt to have these funds in your taxable account. You can't harvest in the IRA!!

Dan
by dwickenh
Sun Jul 01, 2018 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Debt to asset ratios
Replies: 14
Views: 853

Re: Debt to asset ratios

I am currently retired(just passed 2 years in retirement) and have a 0% debt to assets. I was as high as 300% during the years of raising kids and the expenses of daily living. I planned to reduce that to 0% before retiring and it worked! I will likely never take on debt again, even to my detriment ...
by dwickenh
Sun Jul 01, 2018 8:25 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12863

Re: What are your property taxes?

jharkin wrote:
Sun Jul 01, 2018 4:58 am
Rather than some anecdotal info, all the answers you seek are here:

https://taxfoundation.org/publications/tax-maps/
Those are statistics.... It means so much more to hear it from real people paying the taxes.

You people are real...... aren't you?

Dan
by dwickenh
Sun Jul 01, 2018 8:21 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12863

Re: What are your property taxes?

In Illinois, 8.5% sales tax and 5400.00 Property tax on 235,000 home with .63 acres of land.
by dwickenh
Sun Jul 01, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12863

Re: What are your property taxes?

Toons wrote:
Sat Jun 30, 2018 11:07 pm
Tn.
home 1500 sq ft
3/4 acre land.
675.00 a year.

:mrgreen:
I love Tennessee :sharebeer Can't wait to get there!!!
by dwickenh
Sat Jun 30, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1934
Views: 349894

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

Age 72, retired, asset allocation 50/50 Volatility strikes again, back in positive territory :) . Total return year to date = plus 0.31% per Morningstar Portfolio Manager, or plus 0.19% per Vanguard Personal Performance. Best fund so far is Vanguard Small-cap Value Index Fund Admiral Shares VSIAX),...
by dwickenh
Fri Jun 29, 2018 2:06 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 316
Views: 48985

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

It seems clear that you have spent a huge amount of time researching the issue, filing complaints, encouraging others to complain and monitoring your own vehicle. You've posted your own experience in this thread in great detail. You've said multiple times that you are going to have your oil analyze...
by dwickenh
Fri Jun 29, 2018 11:39 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 316
Views: 48985

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I find it interesting that CUlater has gone radio silent on his oil analysis results. Looks like this entire thread is much ado about nothing. There's plenty of information about how to check into this problem with your own vehicle and I'd do that rather than worrying about mine -- I think it's pre...
by dwickenh
Fri Jun 29, 2018 11:07 am
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 5720

Re: Keep calm and Boglehead on!

siamond wrote:
Thu Jun 28, 2018 10:59 am
grok87 wrote:
Thu Jun 28, 2018 7:46 am
As Warren Buffet says “The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.”
That is a wonderful quote I didn't know. Some people really have a way with words. So true!
See my signature!!
by dwickenh
Thu Jun 28, 2018 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Another Social Security Strategy Question
Replies: 11
Views: 1136

Re: Another Social Security Strategy Question

As long as he turned 64 on or before 01-01-2018 he should qualify to file and suspend his own benefit while claiming spousal benefits. No. He claims restricted spousal benefits. File and suspend is no longer an option. --vtMaps I misstated the file and suspend as it has been eliminated- you are cor...
by dwickenh
Thu Jun 28, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Another Social Security Strategy Question
Replies: 11
Views: 1136

Re: Another Social Security Strategy Question

At full retirement age he would be eligible to claim 50% of the FRA for her until he claims his benefit at age 70. She will receive 75% of her FRA benefit by claiming early. As long as he turned 64 on or before 01-01-2018 he should qualify to file and suspend his own benefit while claiming spousal b...
by dwickenh
Thu Jun 28, 2018 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: 1st Vanguard Complaint in 30 years
Replies: 21
Views: 4013

Re: 1st Vanguard Complaint in 30 years

It is helpful to inform the public of issues so others can decide if they want to take the same actions or not. I have heard enough complaints about transfers of ira, would never transfer an ira to vanguard, or do anything that required any manual effort on the part of their customer service. I do ...
by dwickenh
Mon Jun 25, 2018 5:55 am
Forum: Investing - Help with Personal Investments
Topic: Please critique my portfolio
Replies: 8
Views: 647

Re: Please critique my portfolio

Contributions are only available to singles with income under 135,000 and the amount you can save is reduced at 120,000. I would continue to save the 5500.00 in the Roth unless your income prohibits the Roth. #BackdoorRothIRA Agreed, just not trying to complicate it for OP. i think its more complic...
by dwickenh
Sun Jun 24, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my portfolio
Replies: 8
Views: 647

Re: Please critique my portfolio

PFInterest wrote:
Sun Jun 24, 2018 9:35 pm
dwickenh wrote:
Sun Jun 24, 2018 9:31 pm
Contributions are only available to singles with income under 135,000 and the amount you can save is reduced
at 120,000.

I would continue to save the 5500.00 in the Roth unless your income prohibits the Roth.
#BackdoorRothIRA
Agreed, just not trying to complicate it for OP.
by dwickenh
Sun Jun 24, 2018 9:33 pm
Forum: Personal Consumer Issues
Topic: Buy year end 2018 van vs. 2019 model
Replies: 7
Views: 792

Re: Buy year end 2018 van vs. 2019 model

Maybe a 2017 with 12000 miles would be a better bet.
by dwickenh
Sun Jun 24, 2018 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my portfolio
Replies: 8
Views: 647

Re: Please critique my portfolio

Hello Daphne122, Your VFORX(Vanguard target retirement 2040) has a current allocation of 85.24% Stocks 14.76% Bonds This is a great, uncomplicated way to save for retirement in a tax sheltered account like the 401K and Roth. Roth contributions are only available to singles with income under 135,000 ...
by dwickenh
Sat Jun 23, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefit Question
Replies: 7
Views: 1115

Re: Social Security Spousal Benefit Question

[Yes, but the delayed credits of a personal benefit can cause the spousal benefit to be decreased compared to otherwise, right?] 1. This statement is true if you understand that the spousal benefit will be added to your own benefit and never exceed 50% of the high earner's FRA amount. If high earner...
by dwickenh
Sat Jun 23, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefit Question
Replies: 7
Views: 1115

Re: Social Security Spousal Benefit Question

I am a student of SS filing and the amount of total benefit can't exceed the spousal benefit(if the spousal benefit is the highest of the two). The chance to claim the spousal benefit and then let yours grow was eliminated for anyone born after Jan 1954. My opinion is that in this case of yours, the...
by dwickenh
Fri Jun 22, 2018 8:16 am
Forum: Personal Consumer Issues
Topic: Boglehead guilt with buying a car - Volvo vs Toyota Highlander
Replies: 69
Views: 4505

Re: Boglehead guilt with buying a car - Volvo vs Toyota Highlander

I would not buy a car that had been on the road for only one year and had 20K miles on it. That use is too heavy. We almost always buy used, but only vehicles with 10K or less per year. PS There is nothing in the Boglehead principles listed on this site that address what type of cars Bogleheads sho...
by dwickenh
Fri Jun 22, 2018 8:14 am
Forum: Investing - Help with Personal Investments
Topic: $1,700,000 from family trust...
Replies: 83
Views: 10469

Re: $1,700,000 "Portfolio Review" update from family trust

Take your time with the investing of this windfall. Do not tell anyone about the windfall as relatives and friends can cause a lot of avoidable problems. Think simple when you do invest and I agree that a hourly fee -only adviser would be a good choice. Garrett Planning is one that gets recommended ...
by dwickenh
Fri Jun 22, 2018 7:56 am
Forum: Investing - Theory, News & General
Topic: Best Books For Learning?
Replies: 11
Views: 1103

Re: Best Books For Learning?

"The Little Book of Common Sense Investing" by John Bogle is an easy way to get started with the concepts of investing.
by dwickenh
Fri Jun 22, 2018 7:49 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 161
Views: 14723

Re: Did you celebrate when you finally hit $1m?

When investments hit 1M, My wife and I stared at our Vanguard account for 10 seconds and we increased our monthly charity to our church. Giving gives us more pleasure than the number.
by dwickenh
Fri Jun 22, 2018 7:43 am
Forum: Investing - Help with Personal Investments
Topic: I think I am in trouble...way behind where I should be
Replies: 22
Views: 2489

Re: I think I am in trouble...way behind where I should be

Welcome to the forum. It is NEVER LATE, just some roadblocks to reach the destination. Time might have passed but you are now seeing the sunlight and your income is your friend to guide you. Roth IRA - 3500 old 401k - 26K Individual stock -17K Cash - 12K Ignoring the foreign currency and stock in p...
by dwickenh
Tue Jun 19, 2018 7:14 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1450584

Re: Anyone buying today?

1% is not actionable for me, I am reinvesting dividends and interest every month.

Dan
by dwickenh
Tue Jun 19, 2018 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Consolidated List of Income Limits and Phaseouts for Federal Income Tax
Replies: 4
Views: 852

Re: Consolidated List of Income Limits and Phaseouts for Federal Income Tax

Does anyone know of a consolidated list of all the income limits and phaseouts associated with the current federal tax code? For example: phaseouts and limits for Roth IRA contributions, child tax credits, EITC, adoption credits, student loan interest, etc. You can try this one: The tax brkts are b...
by dwickenh
Tue Jun 19, 2018 6:53 am
Forum: Investing - Help with Personal Investments
Topic: I feel like selling my 3 fund
Replies: 57
Views: 7760

Re: I feel like selling my 3 fund

Im thinking I can sell now and get into something more stable until we are at the bottom of a bear market again. I feel like we are at the peak and a downturn is coming. Why go In now and watch my portfolio value decline over the next few years when I can just go in at the next bottom or as close t...