Search found 231 matches

by hulburt1
Tue Oct 17, 2017 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Tax Bracket in Retirement
Replies: 46
Views: 4997

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: 3174

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: 2886

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: 13633

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: 5533

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: 18260

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: 1527
Views: 270581

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: 5987

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: 4464

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: 1628

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: 54
Views: 3713

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: 11614

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: 12464

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: 3039

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: 3212

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: 165
Views: 15368

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: 165
Views: 15368

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: 10649

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: 7319

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: 886

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: 886

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: 1415

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: 2942

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: 12262

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: 2342

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: 2403

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: 2403

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: 24334

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: 24334

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: 9088

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: 9088

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: 9088

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: 1643

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: 1299

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: 1862

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: 8820

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...
by hulburt1
Wed Jul 19, 2017 10:35 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1527
Views: 270581

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

98stock 2 cash.
Have Facebook-

25% up 240000
wife up 12 up 120000

Funny thing is I live on $60000.
Wife works I very little.
we went by 2300000 like it was standing still--I'm 64 and wife 61.
by hulburt1
Mon Jul 17, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Need clarification after reading Boglehead page on reinvesting taxable dividends or not
Replies: 10
Views: 888

Re: Need clarification after reading Boglehead page on reinvesting taxable dividends or not

I think age and retirement matters. I have my dividends go to money market fund and have a monthly amount sent to bank. I am now moving dividends to a Roth and having the dividends from Roth sent to me monthly tax free also.. I'm living on dividends from my Ira and Roth.
by hulburt1
Wed Jul 12, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: bob brinker on Roth [conversion]
Replies: 26
Views: 3367

bob brinker on Roth [conversion]

Bob told a caller not to convert from Ira to Roth until after congress come out with new tax levels. Is that good advice?
by hulburt1
Sat Jul 08, 2017 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Roth what fund
Replies: 4
Views: 408

Re: Roth what fund

I'm moving money over for about 6 years and my wife will move over for 8 years. About 250000.
by hulburt1
Sat Jul 08, 2017 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Roth what fund
Replies: 4
Views: 408

Roth what fund

I'm moving money from Ira to my Roth. I'm 64 and have 2m+ What fund would you put the money in. Vanguard 500 Index Fund Admiral Class Vanguard Extended Market Index Fund Vanguard Total Stock Market Index Fund Admiral Shares I will not touch this until I'm 70- and start taking out 2000 a month tax fr...
by hulburt1
Fri Jul 07, 2017 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Illinois Partial Year tax increase
Replies: 19
Views: 2967

Re: Illinois Partial Year tax increase

move to South Dakoda.
by hulburt1
Mon Jul 03, 2017 12:56 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1527
Views: 270581

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

about 98% in stock up 20% for this year. I'm 64 and happy with what I have. Facebook helped.
by hulburt1
Sun Jul 02, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: A plan for retirement withdrawal--opinions, please
Replies: 20
Views: 2231

Re: A plan for retirement withdrawal--opinions, please

This is my plan I'm 64-w61-She works. Just me... I'm retired now. Take 1300 ira-including tax in paid. pension 800, -I'm right now building up my Roth so I will have 120000 tax free and will take 1000 a month for 10 years at 70. Will wait until 70 for SS-2000. I'm in 95% stocks- SP, Total stock, hea...
by hulburt1
Sat Jul 01, 2017 5:31 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 14494

Re: Bogleheads: you should be buying 10-year old cars

If you buy new and spend 30,000 and hold on 20 will cost $1500 a year. If you have a old car insurance is cheaper and should have AAA for towing.
by hulburt1
Sat Jul 01, 2017 5:25 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 14494

Re: Bogleheads: you should be buying 10-year old cars

I like to buy 2 to 3years old. I run my cars until there dead. I now have 4 cars( age. 48 vw, 23,18,10. All run. Now I do not take them on trips I'll rent a car. This year rented a 1month for $548. Unlimited mileage. We go every where we want. This year over 10,000miles. Save my cars for going down ...
by hulburt1
Wed Jun 28, 2017 6:37 pm
Forum: Personal Consumer Issues
Topic: How did you handle the costs of your child's wedding?
Replies: 170
Views: 13643

Re: How did you handle the costs of your child's wedding?

denovo wrote:
hulburt1 wrote:Reno I pay
Not Vegas?
Live in Oregon it was closer.
by hulburt1
Fri Jun 23, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: Not reinvesting dividends
Replies: 22
Views: 3711

Re: Not reinvesting dividends

I put in money fund then move to Roth. Once my Roth fund is turning in 1000 a month I will use my Roth dividends to live in tax free.