Search found 244 matches

by hulburt1
Sat Dec 09, 2017 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Help! Need to Create an Income Stream for Retirement
Replies: 8
Views: 1504

Re: Help! Need to Create an Income Stream for Retirement

Have you thought of carrying the loan on the property. My sister is in real estate and that's what she is doing. I think you set it up with a bank and the money go's to them then into your account. She has it set up so if they sell it in 10 years she gets to charge them a fee. She is pulling in 5+ %...
by hulburt1
Tue Nov 14, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: Buffett 90/10 Portfolio vs Target Retirement
Replies: 29
Views: 3364

Re: Buffett 90/10 Portfolio vs Target Retirement

We are 95% and 5% cash..I'm up 32% this year. We are retired and live on 70000 a years. We made $400000 this year. Its what you spend. If I lost everything I would still be able to live on my small pension and SS at 70. Never made more then $80000 a years. but have 2.3m. I will move more into cash ...
by hulburt1
Tue Nov 14, 2017 7:58 am
Forum: Investing - Theory, News & General
Topic: Buffett 90/10 Portfolio vs Target Retirement
Replies: 29
Views: 3364

Re: Buffett 90/10 Portfolio vs Target Retirement

We are 95% and 5% cash..I'm up 32% this year. We are retired and live on 70000 a years. We made $400000 this year. Its what you spend. If I lost everything I would still be able to live on my small pension and SS at 70. Never made more then $80000 a years. but have 2.3m. I will move more into cash a...
by hulburt1
Sun Nov 12, 2017 5:27 pm
Forum: Investing - Theory, News & General
Topic: useing Roth in retirement
Replies: 4
Views: 804

Re: useing Roth in retirement

I'm in 15%-$70000 a year, Will be in 25% at 140000
Pen-10000
SS 44000
Ira 90000+
by hulburt1
Sun Nov 12, 2017 3:51 pm
Forum: Investing - Theory, News & General
Topic: useing Roth in retirement
Replies: 4
Views: 804

useing Roth in retirement

I've been using my IRA weekly for retiring money. What would be the down side if I just moved 50000 a year at once to My Roth and have a monthly amount sent to me. I am also moving money monthly from my Ira to Roth now. I'm 64 and have 2.3m so Will pay big times at 70 with Ira, SS and pension. I'm w...
by hulburt1
Sun Nov 05, 2017 8:09 am
Forum: Investing - Help with Personal Investments
Topic: 403(b) - pushing annuity?
Replies: 14
Views: 1297

Re: 403(b) - pushing annuity?

I thank you for covering this issue. My wife has been talking to a person at the hospital she works at. I'm afraid she will do something that will cost all of use money. They have not talked about annuity yet.
by hulburt1
Sat Nov 04, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: WR calculation [Withdrawal Rate]
Replies: 40
Views: 2566

Re: WR calculation [Withdrawal Rate]

This really helped me also. Thanks. Now I need my wife to read this. :sharebeer
by hulburt1
Wed Oct 25, 2017 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Can one have too much money in tax-deferred
Replies: 128
Views: 11612

Re: Can one have too much money in tax-deferred

I ran the numbers for 1000000 and at 75 I will have to take out 44000 that is not that bad. Me-at 75 I'm 65 now. ira 44000 pen. 11000 SS 25000 That's 80,000 before tax but wife will be at 72 IRA 44000 SS 27000 together 151000 If I die-she will be at-115000 I think a little in Roth is good. Plus I th...
by hulburt1
Sat Oct 21, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 175
Views: 18140

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Have 2.3m..Live on $60000-He would charge me $30000 to 400000 a year. that's 350000 in 10 years. I would put 2 of his kids through Harvard.
by hulburt1
Fri Oct 20, 2017 8:52 am
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 5837

Re: Is a crash coming soon?

Hope so I can buy-more at a lower price.
by hulburt1
Fri Oct 20, 2017 8:31 am
Forum: Investing - Theory, News & General
Topic: For those near retirement and rebalanced to Bonds...
Replies: 34
Views: 3742

Re: For those near retirement and rebalanced to Bonds...

In the last 18 years with 2 of the worse dives. If you have stayed put with S&P and the total you would have been a lot higher then if you got out or was at 50/50-Even when it went down you still owned those shares. Remember SS is like bond or cash. Don't take it now use your funds then take SS at 7...
by hulburt1
Thu Oct 19, 2017 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Need ACA help due to underestimated income
Replies: 8
Views: 926

Re: Need ACA help due to underestimated income

This happen to us. We went over $4000. We just put $4000 into our IRA and that lowered our income. I had to get a loan for the money but it was better then sending it to Uncle Sam. If you have not put money in your IRA you could put in $12000.
by hulburt1
Tue Oct 17, 2017 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Tax Bracket in Retirement
Replies: 46
Views: 5520

Re: Tax Bracket in Retirement

I am moving money at 64, because at 70 I have to take money out. I ran the numbers with 2.3m I will need to take out 100.000 taxes plus 44000 ss and a small pension. If I die my wife will get hit hard with tax's maybe up to 28%. By 75 We will be at about 160000 a years. I'm slowly moving into a Roth...
by hulburt1
Tue Oct 17, 2017 6:58 am
Forum: Investing - Theory, News & General
Topic: Roth as good as you think?
Replies: 29
Views: 3686

Re: Roth as good as you think?

I am moving money at 64, because at 70 I have to take money out. I ran the numbers with 2.3m I will need to take out 100.000 taxes plus 44000 ss and a small pension. If I die my wife will get hit hard with tax's maybe up to 28%. By 75 We will be at about 160000 a years. I'm slowly moving into a Roth...
by hulburt1
Tue Oct 17, 2017 6:48 am
Forum: Investing - Help with Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 24
Views: 3346

Re: Why not CDs instead of Short Term Bonds or TIPS

I just use the money market fund. Can have the money in 2 days. I have 120,000 in IRA and 10,000 in Roth money market that I take out weekly for retirement. Plus have a line of credit up to 20,000...I have about 3 years of living in cash. 2m in S&P and face book.
by hulburt1
Wed Oct 11, 2017 11:53 am
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 160
Views: 14893

Re: What's your asset allocation and why?

I'm 97% in stocks-S&P, total, Health, Prim cape. I also own 4000 shares of Facebook bought at $50. Have 2.3m and only live on $60000. Could lose 50% and be doing ok. Cash will cover about 2+years. Will take SS at 70 a long with wife. If something happened we would still get about $44000 from SS. Hav...
by hulburt1
Wed Oct 04, 2017 3:22 pm
Forum: Investing - Theory, News & General
Topic: Does anyone hold cash?
Replies: 58
Views: 6022

Re: Does anyone hold cash?

We are 64,62-We have 150,000 in cash 3 years living, The rest is in Stocks....We have close to 2.3m. We have our dividends go to our cash $30000 last year.. We will not take SS until 70. I do not have bond...When we have a good year will put more in cash. This year we are up 27% so will move more in...
by hulburt1
Wed Oct 04, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 131
Views: 19000

Re: What age did you become debt free and what opportunities did it create?

No debt no house cars visa..At 32 I was and am free to work part time. and still build up to 2.3m. I have never made $80000 WITH WIFE AND I WORKING. I'm 64 and will not need to live on SS so will wait untill70.We live on 60000 now and have travels the would, Wife Is going to England this summer and ...
by hulburt1
Tue Oct 03, 2017 8:31 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1617
Views: 289598

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

up $400000 28%-I bought Facebook the year it came out. I do not know why it was a gut feeling. I only live on $60000 a year.
by hulburt1
Sat Sep 30, 2017 8:54 pm
Forum: Personal Consumer Issues
Topic: Is it a waste of money having your furnace checked every year?
Replies: 58
Views: 6439

Re: Is it a waste of money having your furnace checked every year?

I have never had anyone check mine. 20+ years old.
by hulburt1
Thu Sep 28, 2017 7:36 am
Forum: Investing - Theory, News & General
Topic: Which bogleheads have a "high need to take risk"?
Replies: 51
Views: 4791

Re: Which bogleheads have a "high need to take risk"?

I'm 64 have been in high risk most of my life. Trying to change. I live with in my means. $60000 a year but have 2.2m. I just have a hard time changing. I had a plan and everyone laughed at me. Most of them are still working I walked a way 10 years a go. I'm at 97% S&P, heath, total, Prim cape. and ...
by hulburt1
Tue Sep 26, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: wife just moved 700000 to IRA
Replies: 4
Views: 1695

wife just moved 700000 to IRA

I've done all our investing for 40 years. Have built up to 2.2m We live on 60000 a year. Looking at this 700000 to invest this week. I am only looking at hers. She is 61 and lost her job 2 weeks ago as a nurse of 35 years. Will work part time about $1000 a month. I'm looking at 10% cash 3 years of l...
by hulburt1
Sun Sep 24, 2017 7:56 am
Forum: Personal Consumer Issues
Topic: Thoughts on Barefoot/Minimalist Running
Replies: 55
Views: 4331

Re: Thoughts on Barefoot/Minimalist Running

I coach x-c and track. Use to run up 140 miles a week. I would run 5 miles every morning on a golf course barefoot and once a week run 10 on the beach. arch would hurt sometimes but never had major injures. Back then at 23 I came in at 121. not a lot to run with. What I see now shoes are made for th...
by hulburt1
Sun Sep 24, 2017 7:46 am
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 12319

Re: Lifestyle Creep

Well at 64 this worked for me- Own one house 37 years Had the best job for me-worked for fed-ex and coached cross country and track 23 years still going at a local Hs Married once 38 years I tell everyone married ugly they will never leave you. Most say I see your wife followed your advice haha It r...
by hulburt1
Fri Sep 22, 2017 7:45 am
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 108
Views: 13120

Re: Any "average Joe" here actually make out well with individual stocks?

I really thought I know what I was doing. It was like I was in Vegas. Bought 6 different companies. 3 went broke. I still own a oil company it's at .35 a share now.

I had luck with Facebook. up $500000. But will never think I'm smarter then the stock market and will stay with s&p.
by hulburt1
Thu Sep 21, 2017 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Warren Buffett and Bond Funds
Replies: 33
Views: 3179

Re: Warren Buffett and Bond Funds

I'm 64. I have 2 years in cash--take out weekly payments. Put dividends in cash fund. Will take SS at 70. But if stock market go's bad will take SS. I'm 97% in S&P, total, heath fund, and Facebook. I'm my own advisor, I just read a lot. I hope that thing keep going up but if I lost 50% I could still...
by hulburt1
Sun Sep 17, 2017 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Bond return negative. CD or money market alternative.
Replies: 30
Views: 3400

Re: Bond return negative. CD or money market alternative.

I just don't like bond. Maybe I don't understand them. I'm 2 years in money market take weekly income. And the rest in s&p, total and health care.
Have dividend go to money plus take 10% of profit for the year and move to money market. Planning on staying that course. I'm 64
by hulburt1
Sat Sep 16, 2017 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 20233

Re: Let's talk about your FI # and family income

This year we lived on about $60000. But have made averaged $1000 a day. Bought Facebook long time ago. I have always been cheap or wise.
Retired at 55 with 1m now at 2.2m :beer
by hulburt1
Sat Sep 16, 2017 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 20233

Re: Let's talk about your FI # and family income

Never more then 90000.
At 60000-spend less
64-61=2.3m
I don't know or care how much I'd have if I had made $250000 a year. I'm happy :beer
by hulburt1
Tue Sep 12, 2017 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 11197

Re: The 10 year car ownership "rule"

4 cars buy new-(1995-223000,2004-170000,2007-122222 and a 1972 vw 25000 on engine)-I rent now when I take trips.
by hulburt1
Tue Sep 12, 2017 8:05 am
Forum: Investing - Theory, News & General
Topic: What If U.S. Stocks Stay Expensive For Years?
Replies: 50
Views: 7899

Re: What If U.S. Stocks Stay Expensive For Years?

I think we already had the correction and didn't know it. This is different times. Be happy it all could change tomorrow. I as a retired person have tripled my IRA in 6 years. And still taking out money to live on.
by hulburt1
Fri Sep 08, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: 64 need health insurence for 4 months
Replies: 11
Views: 957

Re: 64 need health insurence for 4 months

Cobra $900 for one
by hulburt1
Fri Sep 08, 2017 12:52 pm
Forum: Personal Consumer Issues
Topic: 64 need health insurence for 4 months
Replies: 11
Views: 957

64 need health insurence for 4 months

On Dec. 1 I will lose heath insurance coverage. Need coverage until April 1 then have Medicare. The cheapest so far is $600 a month. Live in Oregon. Any Ideals?
by hulburt1
Tue Aug 22, 2017 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for Medicare when not collecting Social Security
Replies: 17
Views: 1540

Re: Paying for Medicare when not collecting Social Security

So you can have it set up every 3 months and have it put on you credit card?
by hulburt1
Thu Aug 17, 2017 8:34 pm
Forum: Personal Consumer Issues
Topic: popcorn ceiling, removal or drywall over it?
Replies: 41
Views: 3259

Re: popcorn ceiling, removal or drywall over it?

Had it done in family room. the sheet rock and taped, spade $1200. 24x24 room he even did the walls. It looks really nice. I did my kitchen and it was a mess. still does not look good.
by hulburt1
Thu Aug 17, 2017 2:07 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 13030

Re: Is it worth it? [demanding jobs vs time with family]

Who is going to remember you. Your Job or family...There is not a person on their death bed wish they worked more but a lot with they had spent more time with family
by hulburt1
Wed Aug 16, 2017 10:00 am
Forum: Investing - Theory, News & General
Topic: what was the actual return of BND last year?
Replies: 20
Views: 2481

Re: what was the actual return of BND last year?

If I had a 1m in bonds I would have made 24,900 than paid tax on that.
by hulburt1
Mon Aug 14, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Wife 1m to vanguard
Replies: 10
Views: 2479

Re: Wife 1m to vanguard

My wife is a nurse worked pastime all her life. She started at 25 and she put in about 150 a pay period. We have been in the stock market all the time. She never made more then $55000. We saved and paid cash. I run her money. I was a part time FedEx driver. We just saved. Our house was paid off in 8...
by hulburt1
Mon Aug 14, 2017 6:32 am
Forum: Investing - Help with Personal Investments
Topic: Wife 1m to vanguard
Replies: 10
Views: 2479

Wife 1m to vanguard

Wife is 61 and will be moving 1m this week to from principle to vanguard. This is her retirement money. She will wait until 70 to start taking money plus will start taking SS. Her family live to 90+. She will be staring in the money market fund then move slow to S&P, total market and some bonds. She...
by hulburt1
Wed Aug 02, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 26288

Re: How much money do you need to retire?

Spending $60000 yearly.
by hulburt1
Wed Aug 02, 2017 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 26288

Re: How much money do you need to retire?

At 60 I thought 1m. I'm 64 and have 2.2m. Have not worked for 10 years but have increased my retirement by 1.3m. I'm happy.
by hulburt1
Sat Jul 29, 2017 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate your retirement number
Replies: 95
Views: 9777

Re: How to calcuate your retirement number

:o Well I'm going to die at 80. ... How did you find that out?? The biggest unknown in the calculation is the age I'll assume room temperature. If I knew that number for certain, the calculation would be much simpler. Parents die at 66 and 70..I think I will make it to 80. If I make it past then it ...
by hulburt1
Sat Jul 29, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate your retirement number
Replies: 95
Views: 9777

Re: How to calcuate your retirement number

Well I'm going to die at 80. ... How did you find that out?? The biggest unknown in the calculation is the age I'll assume room temperature. If I knew that number for certain, the calculation would be much simpler. Parents die at 66 and 70..I think I will make it to 80. If I make it past then it wi...
by hulburt1
Sat Jul 29, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate your retirement number
Replies: 95
Views: 9777

Re: How to calcuate your retirement number

Well I'm going to die at 80. So I divide 1.2m by 16=$75000+pension=11000, ss=24000==110,000 a year.
Wife=90 her family never dies-1.2=at 65=48000-ss26000=74,000= total 184,000 a year
We live on 65000 a year. I think I'll start spending more.
I'm 64-wife61
by hulburt1
Sat Jul 29, 2017 1:06 pm
Forum: Personal Consumer Issues
Topic: Medicare Plan F and Part D: Use a Broker or Not?
Replies: 19
Views: 1738

Re: Medicare Plan F and Part D: Use a Broker or Not?

Thanks for all the information. I'm just starting the prosed. Is there a article that has all the parts. Plus my wife has insurance that might cover some of the parts. I know what I need now but not what I need in the future.
by hulburt1
Fri Jul 28, 2017 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: 10 years of Roth IRA contributions - to individual stocks
Replies: 10
Views: 1370

Re: 10 years of Roth IRA contributions - to individual stocks

I'm in Facebook. With Roth and Ira. I would not sell Facebook. I'm up $400000 in 3 years. I'm 64. So Facebook is 30% of my investments. I think I would kick myself in 5 years if I sold now. I do keep and eye on it.
by hulburt1
Thu Jul 27, 2017 5:58 pm
Forum: Personal Consumer Issues
Topic: Part-Time Job who ?
Replies: 11
Views: 1927

Re: Part-Time Job who ?

I retired 10 years ago. But for the last 23 years I coach track and cross country. I had worked for fedx. Like the high school kids and they keep me thinking and laughing.
by hulburt1
Mon Jul 24, 2017 7:48 am
Forum: Personal Consumer Issues
Topic: Anyone else extremely frugal?
Replies: 100
Views: 9248

Re: Anyone else extremely frugal?

I lived frugal all my life. I go to Walmart at the end of summer to buy my summer cloths. I had the same shoes for 4 years. walking down a hill fell no soles. 4 years later I slipped and broke a rib. My new shoe cost $29. I have 4 cars (04,05,95,72) all run. I'm 64 and still have a $100 weekly allow...