Search found 182 matches

by hulburt1
Fri Jun 23, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: Not reinvesting dividends
Replies: 22
Views: 3294

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.
by hulburt1
Mon Jun 19, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: Anyone use "MyPillow" pillows?
Replies: 51
Views: 6201

Re: Anyone use "MyPillow" pillows?

I thought they were fake. Until my son and wife bout one. After putting them in the dryer they love them. We ordered 2 more.
by hulburt1
Tue May 30, 2017 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 165
Views: 22847

Re: What do you guys do on the side?

I'm64 I'm retired but I coach track and x-c at the local High School. 22 years. I have never been a teacher. Work about 8 months make about 10000.
I'm the head coach so I can decide if we are going to practice. These kids are grate to be around.
by hulburt1
Sun May 28, 2017 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Hot Stocks Can Make You Rich. But They Probably Won't. By Jeff Sommer
Replies: 5
Views: 1194

Re: Hot Stocks Can Make You Rich. But They Probably Won't. By Jeff Sommer

I bought Facebook when it came out I'm up 500000 in 3 years. I did lose in 4 others. All small. I'm still a S&P and total market person.
by hulburt1
Thu May 25, 2017 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: When does Saving become missing out on life?
Replies: 74
Views: 8414

Re: When does Saving become missing out on life?

I did a lot of miss out things up to 55. Got hurt on job, If I did not save so much I would have been in big trouble The last 10 years-I did everything that I might have mist out of. I do not regret not doing some of the thing but now I can. There is a big life after 55.
by hulburt1
Thu May 25, 2017 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversions Post Retirement
Replies: 19
Views: 1902

Re: Roth Conversions Post Retirement

I just ran all my numbers along with wife. When she hits 70, Ill be 73. With ss-56000, RMD-we will have about 3m- and a pension-we will be around 160000- at 80 we will be at 220000. I'm at 15% now I might just move up to 25% and hit the Roth hard. I'm 64 wife 61, she still works. I saved all my life...
by hulburt1
Thu May 25, 2017 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6710

Re: Avoiding Taxes with RMD

I just ran all my numbers along with wife. When she hits 70, Ill be 73. With ss-56000, RMD-we will have about 3m- and a pension-we will be around 160000- at 80 we will be at 220000. I'm at 15% now I might just move up to 25% and hit the Roth hard. I'm 64 wife 61, she still works. I saved all my life...
by hulburt1
Wed May 24, 2017 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 14979

Re: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)

Not sure now after listing to everyone. I have enough to live to 100 without SS. I still live like I have little money. Sense I turned 62 I take what I would get from SS and use it. I will do the same with my wife when she retires. We will wait until 70 and get 44,000 a year. we live now on 60000. W...
by hulburt1
Sun May 21, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: What % of your income have you converted to wealth?
Replies: 133
Views: 16846

Re: How many Bogleheads have investment assets that exceed their cumulative lifetime earned income?

My wife and I have never made more then $90000 to together. In the last 5 years our investment have made close to 1m. Right now we are at 230000 for the year and only live on 60000.
by hulburt1
Sat May 20, 2017 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Learning how to spend
Replies: 27
Views: 2606

Re: Learning how to spend

I'm 64 I don't get excited when I buy something. I get really happy when I hit a money goal. I do travel a lot. I love meeting new people. When I'm on the road I will sometime pole over and yell and do a little dance looking at the mountains or a lake. It's the same feeling I get when I hit a new le...
by hulburt1
Sat May 20, 2017 7:06 am
Forum: Investing - Theory, News & General
Topic: Interesting conversation with an alleged SS actuary
Replies: 63
Views: 5136

Re: Interesting conversation with an alleged SS actuary

If you think about it. If you die at 73. All that waiting and 7% you made on ss will go to someone who might not have saved but will get ss while you had spent your Ira that could have made 8% for you your family and you. Plus You don't pay state tax and you do it you take out of your Ira. Lets face...
by hulburt1
Thu May 18, 2017 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Learning how to spend
Replies: 27
Views: 2606

Re: Learning how to spend

I'll ask my wife she knows how to spend. I was in the same boat saved 35 years. I'm 64 and still have a allowance same as 10 years ago. I started to take 2 yearly trips. force myself to do things. I still save but I take 10% every year of what I make from my accounts and use it on trips. I don't buy...
by hulburt1
Thu May 18, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Bond Market Index Fund Admiral Shares
Replies: 3
Views: 605

Vanguard Total Bond Market Index Fund Admiral Shares

I'm moving money from IRA to Roth. Looking at about 1m in 3 years from now. I then would have it in Vanguard Total Bond Market Index Fund Admiral Shares. How much could I expect yearly to kick out tax free. I was thinking of leaving it there until I die. This is 1/2 of my Ira. I've been 95% in stock...
by hulburt1
Wed May 17, 2017 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Help, pay off house or invest?
Replies: 34
Views: 2593

Re: Help, pay off house or invest?

I had paid off my house in 7 years. I was still investing but once house gone was able to put a lot more in funds. 10 years ago I got hurt, wife lost her job after 30 years as a rn. But we had a home and was able to make it. We would have lost everything if we had a house payment. Now 10 years later...
by hulburt1
Wed May 17, 2017 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Delay SS, but claim if market plunges
Replies: 49
Views: 4268

Re: Delay SS, but claim if market plunges

That's kind of my plan. I have 2m but only need $60000. I'm at 64. What I'm doing now is taking out what my SS would be from my Ira. I'm also converting same amount to Roth. I like to have dividends put into money market then use that to convert and live on or reinvest. I'm not really working so I'm...
by hulburt1
Wed May 17, 2017 7:23 am
Forum: Investing - Help with Personal Investments
Topic: ROTH Conversion Goal
Replies: 13
Views: 846

Re: ROTH Conversion Goal

I'm converting now. My income is $60000 now but in 6y at 70 it will be about $150000. That's with 2m Ira, 44000ss and small pension. When I'm gone wife will be at 120,000. I'm putting in up to top of 15% tax bracket. I'm hoping to convert $500000 by 70.
by hulburt1
Tue May 16, 2017 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 7705

Re: Article: "Our emergency fund is exactly $0.00"

I'm 64. I have $0. I do have a house paid off, can get $50000 tomorrow at the bank. I have never had a emergency fund.
by hulburt1
Sun May 14, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 36205

Re: Regret early retirement/downsizing

I had a plan to retire at 60. But got hurt and decided that at 55 I didn't want to work anymore. I now take trips every 6 months. I drive for a month to some where new. Driving to Alaska for the second time in 2 years. I coach track and xc at the locale high school six months a year. and have the re...
by hulburt1
Thu May 11, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Seeking advice for retirees (age 69, perhaps $3 MM) that are unhappy with their advisors
Replies: 34
Views: 2879

Re: Seeking advice for retirees (age 69, perhaps $3 MM) that are unhappy with their advisors

If they are paying 2% on 3m. That's 60000 a year. in 10 years 600000. You just put his kids 4 years Harvard and you are getting what?
by hulburt1
Tue May 09, 2017 12:27 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1351
Views: 233680

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

95+stock have Facebook up 21% or $220000-enough to live on for 4 years.
by hulburt1
Mon May 08, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Solid justification for including all stocks & NO bonds?
Replies: 143
Views: 6450

Re: Solid justification for including all stocks & NO bonds?

I sold all my bonds last week. I'm 95 stock and 5 cash. I could lost half and still live well. Remember I own the S&P, total stock, health fund, primecap and face book. 40+ years of investing I've seen it all. The only this is I'm putting my dividends into cash. I'm 64
by hulburt1
Sun May 07, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: non hardship 401k rollover to Ira
Replies: 5
Views: 357

Re: non hardship 401k rollover to Ira

She has a IRA and Roth this will go into a IRA. she will not move to a Roth for 4 to 5 years I'm moving some right now from a Ira to my Roth. I'm 64.
She wants to work until 66. I'm not working.
by hulburt1
Sun May 07, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: non hardship 401k rollover to Ira
Replies: 5
Views: 357

non hardship 401k rollover to Ira

Wife is over 60. Has matching employee account. Want to move some of her money from 401k to her IRA vanguard account. Has anyone done something like this?
by hulburt1
Fri May 05, 2017 7:59 am
Forum: Investing - Theory, News & General
Topic: SS and tax by state and Ira
Replies: 1
Views: 376

SS and tax by state and Ira

I looked hard at when to take SS. My state does not tax SS. If I use my Ira money it gets hit at 10% plus 15% fed. Why not take SS=18000 and move Ira money into a Roth? I'm 64 and would not take SS until 66. I'm taking out $1000 a month from Ira now and putting $1000 in Roth from my Ira. So I would ...
by hulburt1
Thu May 04, 2017 1:18 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 25938

Re: Where to Live on $60K or Less a Year?

The grass is not all ways greener on the other side of the mountain.
by hulburt1
Wed May 03, 2017 9:17 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 25938

Re: Where to Live on $60K or Less a Year?

Sell everything and buy a small rv. I travel the 75. If it drops to 75 I move south if it hits 80 move north. It's a big country out here. I'll be going to Alaska next month and be in Key West at Christmas time. I do have a house in Oregon. for Aug. Sept. Oct.
by hulburt1
Wed May 03, 2017 6:50 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 25938

Re: Where to Live on $60K or Less a Year?

I live in Albany Or. low crime, 1hr Ocean 90min snow. We get no snow but rain 10 min. from OSU. Houses about 250000. No sales tax. Summer and fall are grate. Only about 4 days over 100.
by hulburt1
Mon May 01, 2017 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Paying tax on money moved to roth from ira
Replies: 5
Views: 576

Re: Paying tax on money moved to roth from ira

Thank you so getting a loan at 7% and pay it back in 6 months is cheaper then using money from my Ira. Or just have my wife take out more for tax's.
by hulburt1
Mon May 01, 2017 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Paying tax on money moved to roth from ira
Replies: 5
Views: 576

Paying tax on money moved to roth from ira

Have 2m want to move $500000 to my Roth. I'm 64 don't really work. Wife is putting in extra tax monthly. Should I just pay it out of the Ira as I move it. get loan at 7%, I do not have the cash to pay it. We only make about $60000 a year. 15% tax. Time frame 6 years. Hope you understand what I'm loo...
by hulburt1
Sun Apr 30, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Time to reach 1M and 2M milestones
Replies: 143
Views: 34766

Re: Time to reach 1M and 2M milestones

1m=35 years
2m=5 years. bought Facebook up $400000
by hulburt1
Sun Apr 30, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: "What Role Should Taxes Play in Your Relocation Decision?"
Replies: 5
Views: 815

Re: "What Role Should Taxes Play in Your Relocation Decision?"

I'm moving to Nevada, No income tax. buying a nice van/rv and live in it under a bridge. I would follow the sun. When it hits 75 I would move North all the way to Alaska. then back down to Key West when I saw first frost. I'm at 2.3 m. Live in Oregon I pay 10% tax right now. I would save $200000 on ...
by hulburt1
Sun Apr 30, 2017 8:56 am
Forum: Investing - Theory, News & General
Topic: Another "Why Bonds?" / Buffett 90/10 thread..
Replies: 66
Views: 8104

Re: Another "Why Bonds?" / Buffett 90/10 thread..

I'm 64 and have 95% in stocks all my life. I started 5 years ago taking 10% of my prophet and putting it in money market. Now I'm moving my dividends to the money market also. I just sold my bonds fund. I now have built up about 3 years of living money. If we get a bad turn I have the money already ...
by hulburt1
Fri Apr 28, 2017 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Should we wait untill tax's are changed
Replies: 9
Views: 1396

Should we wait untill tax's are changed

I have 2m and have been moving some to a Roth. I'm at the 15%. I'm 64 should I stop until we find out what the tax brackets might be. Would anyone just bit the bullet and put in a large sum and pay the tax from the IRA. We don't have the money to pay the tax. At 70 we hill have: Pension 10000 SS-440...
by hulburt1
Sun Apr 23, 2017 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest now for child's downpayment 20y years hence?
Replies: 5
Views: 815

Re: How to invest now for child's downpayment 20y years hence?

Put it in your name in a Roth ira. $100 a month. when you are 59 1/2 take it out and give it to her. Or you could just take out what you put in when she is 30.
by hulburt1
Wed Apr 12, 2017 3:21 pm
Forum: Personal Consumer Issues
Topic: Car Breaks Down on Long Road Trip
Replies: 55
Views: 4762

Re: Car Breaks Down on Long Road Trip

I rent on all long trips. Have gone to Key West, Nova Scotia and Alaska. Each trip about 10000 miles. I use Hertz unlimited miles. I've driven 35000 miles. Wife had a rental and it broke done she just traded it in. same day. I rent for a month average about $550 a month. I'm going back to Alaska in ...
by hulburt1
Mon Apr 10, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: Illusion of poverty/wealth
Replies: 159
Views: 21334

Re: Illusion of poverty/wealth

I don't want anyone to tell me what I have to invest in. I will take my 2m and make it to 4m in 8 years. Or I give to some insurers company, government forced and get 5000 a month. The plan here by government has been to put you Ira's and 401k in to a annuity then when you die they get the money. So...
by hulburt1
Sat Apr 08, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: tax's [When are they due]
Replies: 5
Views: 880

tax's [When are they due]

Tax's are due 18th. That's the day it needs postmark?
by hulburt1
Wed Apr 05, 2017 7:01 am
Forum: Personal Consumer Issues
Topic: replace or keep car with 60k miles?
Replies: 39
Views: 3121

Re: replace or keep car with 60k miles?

I would keep untill it dies. I have 4 cars-age 12,15,22,38-Mileage 50,000 up to 200000. I rent a car every 6 months to take a month trip. $500 a month plus I drive up to 10,000 miles...Free mileage.in 3 years spent $2500 on rental but drove 35,000. Going to Alaska again in June.
by hulburt1
Sat Apr 01, 2017 8:41 am
Forum: Personal Consumer Issues
Topic: What career helped you become wealthy?
Replies: 75
Views: 9489

Re: What career helped you become wealthy?

I worked for Fed Ex and coach track and x-c at a high school. My running in High School and college helped me with consistence and hard work. I'm retired and I'm at 2.2m. I still coach
by hulburt1
Thu Mar 30, 2017 9:08 am
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 165
Views: 11689

Re: When do you plan to die?

81 THATS MY BRAKE EVEN FOR SS.
by hulburt1
Sun Mar 19, 2017 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Keep Financial Advisor or move to 3 Fund Portfolio?
Replies: 48
Views: 4068

Re: Keep Financial Advisor or move to 3 Fund Portfolio?

I'm a simple man. You can do it. I'm at 2m right now. Never made more then $80,000 w/m. live with in your means. I make it on $60,000. Now if I paid some 5% load that's 100000. Ok year and a half what I live on for a year now. that 1.34% a year is $29,000 a year. in 10 years that about $300000 for h...
by hulburt1
Mon Mar 06, 2017 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Health Care Fund Investor Shares
Replies: 2
Views: 448

Re: Vanguard Health Care Fund Investor Shares

Sorry it being moved from a IRA to the Roth. I've had it in my IRA for years. Dishes out a good dividend.
by hulburt1
Mon Mar 06, 2017 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Health Care Fund Investor Shares
Replies: 2
Views: 448

Vanguard Health Care Fund Investor Shares

I have Vanguard Health Care Fund Investor Shares in my Roth IRA. Would like to add to a monthly amount about $1000. I'm 63 and will not ever need this money. Would that be a good place for long term.
by hulburt1
Fri Mar 03, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Ever dip your feet into individual stocks?
Replies: 63
Views: 4014

Re: Ever dip your feet into individual stocks?

I bought 6 different stock in the last 3 years and lost $10000. Then I bought Facebook and have made $200000. I will not buy stock. But I do like SNAP
by hulburt1
Sat Feb 25, 2017 8:45 pm
Forum: Investing - Theory, News & General
Topic: How should people factor Social Security into their "magic number" with early retirement?
Replies: 76
Views: 6433

Re: How should people factor Social Security into their "magic number" with early retirement?

so if I need $70000 to live happy ever after. At 70 I take SS and get $50,000 I only need $20000 from my IRA. I have a small pension $10000 so that takes it to $10000. I'm 64 with 2m Why am I still investing?
by hulburt1
Thu Feb 23, 2017 9:14 am
Forum: Personal Consumer Issues
Topic: Does anyone else have (possibly too much) fun dealing with finances?
Replies: 69
Views: 5708

Re: Does anyone else have (possibly too much) fun dealing with finances?

I love seeing my money grow. my own IRA hit 1m. I got up and danced, Wife does not under stand. I'm 63. What gets me in trouble is when I buy stocks. I now stay away from TV business news.
by hulburt1
Mon Jan 30, 2017 9:32 am
Forum: Investing - Help with Personal Investments
Topic: The whole Roth vs. Traditional IRA
Replies: 56
Views: 8725

Re: The whole Roth vs. Traditional IRA

You need both..When you hit 70+ you will need to take money from IRA, SS and add all other incomes and it could be big. Roth you don't take out. We live on $60000 a year. but have 2m. At 70 this would be the amount we will be getting...me-Ira 50,000, pen. 11,000 SS 24000, Wife just about the same=ab...

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