Search found 1582 matches

by kramer
Sat Feb 17, 2018 1:21 am
Forum: Investing - Help with Personal Investments
Topic: Does the absence of need for a legacy affect your AA or SWR?
Replies: 24
Views: 1685

Re: Does the absence of need for a legacy affect your AA or SWR?

I agree with what has been posted in this thread. It may also affect tax moves ... if you are also single with no legacy motive, in early retirement you may favor taking 0% capital gains over IRA to Roth conversions in order to save a full 15% on tax rates. But if you are married or have a legacy mo...
by kramer
Tue Feb 13, 2018 8:22 am
Forum: Investing - Help with Personal Investments
Topic: tax gain harvest and Roth conversion ladder in early retirement
Replies: 4
Views: 323

Re: tax gain harvest and Roth conversion ladder in early retirement

You are correct and you also get a 24,000 standard deduction on top of the 77K. As to how you proceed with IRA to Roth conversions and tax gain harvesting, it will be necessary to model your marginal tax rates in the future, particularly after you and your spouse take Social Security. I found the Ma...
by kramer
Tue Feb 13, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: What are the chances of corrected 1099s?
Replies: 19
Views: 1198

Re: What are the chances of corrected 1099s?

I prefer to prepare my taxes this month and file around April 8 or so. I own 5 Vanguard International ETFs in my taxable account. When there were corrected Vanguard 1099's in the past ... how late in the year did the corrections arrive?
by kramer
Fri Feb 09, 2018 10:33 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 4 Horsemen Of Your Portfolio
Replies: 108
Views: 10214

Re: Larry Swedroe: 4 Horsemen Of Your Portfolio

Best wishes Larry PS my new book the updated version of Reducing the Risk of Black Swans should be out by end of next month as we have finished editing and now it process of being laid out. It will go into a fair amount of depth on each of the alternatives so people can make decisions based on actu...
by kramer
Fri Feb 09, 2018 2:42 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 4 Horsemen Of Your Portfolio
Replies: 108
Views: 10214

Re: Larry Swedroe: 4 Horsemen Of Your Portfolio

From Larry's article: Second, make sure your plan incorporates the proper life expectancy, and considers that half the population lives longer than expected. Consider annuitizing some portion of your assets with a deferred payout policy (you should only buy insurance for the period you need it, and...
by kramer
Thu Feb 08, 2018 4:26 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 4 Horsemen Of Your Portfolio
Replies: 108
Views: 10214

Re: Larry Swedroe: 4 Horsemen Of Your Portfolio

I think what will happen, out of necessity, is the comeback of the extended family. Who would be in this extended family? Not sure there are many cases where anyone other than the children would take on this care. If we're talking about the children, then the first question is "are there children?"...
by kramer
Tue Feb 06, 2018 10:04 pm
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 169
Views: 31563

Re: What's your U.S. : International ratio?

US - 42%
International - 58%
by kramer
Sun Feb 04, 2018 7:09 am
Forum: Investing - Theory, News & General
Topic: Is there any reason not to very gradually migrate an emergency savings fund from a savings account to I Bonds?
Replies: 15
Views: 2614

Re: Is there any reason not to very gradually migrate an emergency savings fund from a savings account to I Bonds?

How long would it take from the time one initiated an I-bond sale on Treasury Direct to the time the money was in the linked (savings?) account and available to be withdrawn or transferred? Also, does such an online I-bond sale have to be initiated when the US bond market is open or can it be initia...
by kramer
Fri Feb 02, 2018 8:09 am
Forum: Investing - Help with Personal Investments
Topic: I BONDS Maturing in 2030
Replies: 42
Views: 2729

Re: I BONDS Maturing in 2030

My I-bonds mature in 4/2031 and 10/2031. I plan to cash out some in 12/2029, some in 12/2030, and the rest in 10/2031. I will max out the 12/15% income bracket doing this in 2030 and 2031. I will cash out just enough in 12/2029 to achieve this. On average, I will cashing in my I-bonds only about 7 m...
by kramer
Fri Feb 02, 2018 4:02 am
Forum: Investing - Help with Personal Investments
Topic: HSA Asset Allocation Strategy and Choices
Replies: 12
Views: 863

Re: HSA Asset Allocation Strategy and Choices

Krischi, That's a good point ... that HSAs do not have RMDs like a regular IRA.
by kramer
Thu Feb 01, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: HSA Asset Allocation Strategy and Choices
Replies: 12
Views: 863

Re: HSA Asset Allocation Strategy and Choices

However, one caveat is to be sure that it will not outgrow your eventual health expenses since then it becomes more like an IRA instead of a Roth IRA. Meaning what? Health expenses could be withdrawn tax free, but other withdrawals would count as income on the earning portion? If you end up withdra...
by kramer
Thu Feb 01, 2018 12:24 am
Forum: Investing - Help with Personal Investments
Topic: HSA Asset Allocation Strategy and Choices
Replies: 12
Views: 863

Re: HSA Asset Allocation Strategy and Choices

Like grabiner said, I just consider the HSA account as an extension of my Roth IRA (but as something better than my traditional IRA), since with enough health expenses I can withdraw from it tax free. And like him it is small and I keep it all in a single ETF. However, one caveat is to be sure that ...
by kramer
Tue Jan 30, 2018 1:50 am
Forum: Investing - Theory, News & General
Topic: Foreign Tax-Please check my math
Replies: 18
Views: 1579

Re: Foreign Tax-Please check my math

Since you have more than $20,000 in foreign dividend income, you have to use the special calculations ("adjustments") described in Publication 514 and in Form 1116 as described in the instructions. I am guessing you ignored that complication in your math, but I don't know for sure. No, it's $20K in...
by kramer
Mon Jan 29, 2018 2:58 am
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 409
Views: 74681

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

In order for me to prepare for retirement in 2019, I would need to convert $840k of stocks in my taxable accounts to bonds this year. While still working and earning ~$300K. I agree with the other posters here. In addition to what has been said, throughout your retirement you will want to take maxi...
by kramer
Sun Jan 28, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax glitch w/Form 1116 when e-filing
Replies: 13
Views: 977

Re: TurboTax glitch w/Form 1116 when e-filing

Thanks for the warning.

With a range of ETFs that contain domestic and international stocks, I wouldn't even consider filing until early March, at the absolute earliest.
by kramer
Mon Jan 22, 2018 4:51 am
Forum: Personal Consumer Issues
Topic: Passport renewal and usage- what's the scoop?
Replies: 33
Views: 2879

Re: Passport renewal and usage- what's the scoop?

I suggest getting the passport card at the same time. It’s proof of identity and citizenship. Useful when getting a job or flying domestic. What’s the point? Drivers license works fine for flying and how often are you getting a job? The main use is that you can have the card on your person while ab...
by kramer
Fri Jan 19, 2018 11:28 am
Forum: Investing - Theory, News & General
Topic: International Bonds
Replies: 31
Views: 3638

Re: International Bonds

I live abroad in a small, developing economy ... and I can't realistically invest in the local currency for various reasons. So I would love to own some unhedged international bonds to better diversify away from the dollar. But I have never found good value to do that ... the closest are probably th...
by kramer
Tue Jan 16, 2018 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: In this case, put bonds in taxable?
Replies: 10
Views: 824

Re: In this case, put bonds in taxable?

There really is no obvious best answer here, particularly because of your ACA subsidy ... you need to do a detailed analysis. And also consider that if you wait until you are 63 you will start running into IRMAA problems (increased Medicare costs due to high income, they look back two years). Also, ...
by kramer
Mon Jan 15, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Social Security “Hump” and the new tax rates???
Replies: 36
Views: 4939

Re: Social Security “Hump” and the new tax rates???

I was able to download the latest MarginalRate spreadsheet from Number Cruncher's site last week (thanks so much!). However, to get it to work in Libre Office, I had to download the very latest version of Libre Office (5.4.4.2), it didn't work with an earlier version that was, I think, less than a y...
by kramer
Sun Jan 14, 2018 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to "call in rich"?
Replies: 75
Views: 12391

Re: Is it time for me to "call in rich"?

I retired early as an engineer (age 41) and I too was terrified about it. I really didn't know if I could follow through with giving notice and it was one of the hardest things I did in my whole life ... that was 11 years ago and I am still retired with no regrets. One thing I did after I made a pre...
by kramer
Thu Jan 11, 2018 1:54 pm
Forum: Personal Consumer Issues
Topic: anyone else enjoying an afternoon nap in retirement?
Replies: 19
Views: 1825

Re: anyone else enjoying an afternoon nap in retirement?

Honestly, as a retired guy I haven't napped in years ... I just sleep late in the morning.
by kramer
Fri Dec 22, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy for month of the year to retire
Replies: 33
Views: 2592

Re: Strategy for month of the year to retire

I got vested for quarterly bonuses as long as I worked a day in that quarter. So I gave my 2 week notice on the first Friday or Monday on or after April 1 (it turned out to be a Monday). There were a lot of factors driving the date. But I was able to max my 401(k) annual contributions by early April...
by kramer
Fri Dec 22, 2017 10:22 am
Forum: Personal Consumer Issues
Topic: The Wall Street Journal to close Google loophole entirely
Replies: 169
Views: 30867

Re: The Wall Street Journal to close Google loophole entirely

Other threads involving bypass paying for a service are locked, how is this allowed to go on ? Clearly the WSJ intends to only offer a paid subscription. I pay for it, as it is one of the few sources of high quality journalism left today. NY Times and Wash Post too. You get what you pay for (or in ...
by kramer
Thu Dec 21, 2017 11:06 am
Forum: Personal Consumer Issues
Topic: The Wall Street Journal to close Google loophole entirely
Replies: 169
Views: 30867

Re: The Wall Street Journal to close Google loophole entirely

The Facebook workaround stopped working for me a few days ago, also.
by kramer
Thu Dec 21, 2017 5:37 am
Forum: Personal Finance (Not Investing)
Topic: Roth conversions, younger retirees, new (temporary) tax brackets
Replies: 6
Views: 835

Re: Roth conversions, younger retirees, new (temporary) tax brackets

If we do not speculate on changes to the “new“ tax plan, tax rates should increase automatically and fairly significantly at the end of 2025. For many of us who will begin required minimum distributions from our IRAs around that time the decision in favor of a Roth conversion has never been easier....
by kramer
Tue Dec 19, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Turbo tax and overseas bank accounts
Replies: 10
Views: 1020

Re: Turbo tax and overseas bank accounts

I have found that Turbo Tax handles form 1116 pretty well for foreign tax paid on investments. I had more trouble with Form 1116 when I used the basic turbo tax ... now I use the one two levels above that, can't remember the name (premiere?) , last year i paid around $55 on Amazon for it. I went bac...
by kramer
Tue Dec 19, 2017 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Turbo tax and overseas bank accounts
Replies: 10
Views: 1020

Re: Turbo tax and overseas bank accounts

Turbo tax handles all this, and you can also enter in foreign tax paid on your foreign bank income. I don't remember how it's done exactly, but I think like the earlier poster said, you just create a 1099 in Turbo Tax for it (even though there is no real 1099) and the interest gets entered on Schedu...
by kramer
Mon Dec 18, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Harvest tax gains? Convert to Roth?
Replies: 5
Views: 519

Re: Harvest tax gains? Convert to Roth?

The basic answer to your question is that, yes, you should probably use the entire 15% bracket, if possible. The answer about the mix of conversion and capital gains depends on what bracket you will be in retirement, how large your IRA is, etc. My guess is that it is best for you to take as many cap...
by kramer
Fri Dec 15, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: What happened to Bridgeway???
Replies: 14
Views: 1523

Re: What happened to Bridgeway???

More details here, started in 2012 and entitled "BRSIX - 20% distribution": https://www.bogleheads.org/forum/viewtopic.php?t=107161 I posted there in November about this upcoming BRSIX distribution. Roughly, here are the stats of BRSIX annual cap gains distribution as percentage of NAV: 2012: 20% 20...
by kramer
Fri Dec 15, 2017 3:13 am
Forum: Investing - Help with Personal Investments
Topic: Tax planning: Convert Roth or zero tax due?
Replies: 18
Views: 1255

Re: Tax planning: Convert Roth or zero tax due?

In addition to FiveK's post, all of your long term capital gains and qualified dividends in your taxable account go from 0% to 15% tax if you convert a large sum. Another strategy would be to stay in the 15% bracket but max it out by taking taxable capital gains, which would be taxed at 0%. You will...
by kramer
Thu Dec 14, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 409
Views: 74681

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

One concern I (and this book) still haven’t addressed is how to handle Social Security when setting the initial and subsequent withdrawal rates. I will have about 15 years before drawing social security and small pension and they will be more than would be necessary for my guaranteed income compone...
by kramer
Mon Dec 11, 2017 5:22 am
Forum: Personal Consumer Issues
Topic: Japan in summer
Replies: 25
Views: 1802

Re: Japan in summer

I was just there in mid-September for 2 weeks, not a problem in the slightest with the temperature. And same goes for my French friend who is used to cool weather. You can plan your itinerary to get just a one week Japan Rail pass (spend first day or two and last day or two within the city you are i...
by kramer
Sat Dec 09, 2017 3:01 am
Forum: Investing - Theory, News & General
Topic: John T. Reed (real estate) reading suggestions
Replies: 6
Views: 776

Re: John T. Reed (real estate) reading suggestions

I read several of his books around 15 years ago ... I learned a lot and found them worthwhile ... although I decided not to invest in real estate myself. On the subject real estate purchase and management, particularly the subjective aspects, you probably want to read a range of authors. I actually ...
by kramer
Tue Dec 05, 2017 2:59 am
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 9012

Re: Growing Number of Electric Vehicles

Speaking of changing behaviors, I plan to own just an electric motorcycle/scooter for running short trips and simple errands and to use an electric self-driving car service for when I need to be transported in a box around town. So I will let the company managing the self driving cars worry about th...
by kramer
Tue Nov 21, 2017 10:55 pm
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 409
Views: 74681

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

Harvesting and taxes: I have a good mix of taxable, Roth, and traditional IRA accounts that allow me to avoid most of the capital gains tax problems with Prime Harvesting. So, for a "harvest", when you are supposed to sell about 16.66% of your stocks (the 20% part of the 120%) , I would sell a few ...
by kramer
Tue Nov 21, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 27973

Re: Why not take Social Security at 62

Where can I get this guaranteed real 3% to 4% return mentioned by the OP? Sign me up! In the meantime, I will have to pay a *huge* premium on TIPs to even get 2% real ... point being that Social Security is effectively a guaranteed return and you need to use the real rates that you would receive for...
by kramer
Sat Nov 18, 2017 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Southeast Asia trip - Cash handling
Replies: 19
Views: 1488

Re: Southeast Asia trip - Cash handling

I was recently in China. Never used cash for anything. Everyone else was using various forms of paying with a cell phone, so they didn't use cash either. You know, like Apple Pay and the home-grown equivalents. So do SEA countries use cell phones for payments? In China they are mainly using WeChat ...
by kramer
Sat Nov 18, 2017 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Southeast Asia trip - Cash handling
Replies: 19
Views: 1488

Re: Southeast Asia trip - Cash handling

At a minimum, take 2 debit cards for ATM use (preferably different banks) and a no-fee credit card. Do quick searches online for ATM basics before entering a country .... in other words, know what the max ATM withdrawal is in that country, if some of the ATMs don't accept international cards, know t...
by kramer
Tue Nov 14, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: BRSIX - 20% distribution
Replies: 23
Views: 4726

Re: BRSIX - 20% distribution

2017 BRSIX update:

$2.02 estimated LTCG distribution, current price is $15.53

13% distribution (estimated)
by kramer
Tue Nov 14, 2017 7:39 am
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 409
Views: 74681

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

OK, that makes more sense. So if bonds are ballooning as a percentage of portfolio (typically due to multiple stock harvests), I still have roughly the same real amount in stocks as at the start of retirement. I guess in the 1984 retirement situation that you described, after say 13 years of retirem...
by kramer
Tue Nov 14, 2017 5:55 am
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 409
Views: 74681

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

Thanks, AlohaJoe, I really enjoy your posts. And I have read most of your blog posts on this topic. I guess my worry is that when using this system with a low withdrawal rate my portfolio could become too bond-heavy although that would take awhile. I still (hopefully) have a 40 year horizon (age 52)...
by kramer
Mon Nov 13, 2017 11:33 pm
Forum: Personal Consumer Issues
Topic: places to live near Stanford University
Replies: 35
Views: 3023

Re: places to live near Stanford University

Palo Alto has basically refused to build multi-family housing for decades and had the nation's highest rents recently. All the surrounding cities have been gentrified with the tech boom. San Francisco would be a very long daily commute... there is a Cal Train stop near Stanford Campus but just getti...
by kramer
Mon Nov 13, 2017 2:34 am
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 409
Views: 74681

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

Recommendation: I purchased the paperback version of this book and I thought it was well worth the money. McClung really does "follow the data" wherever it takes him and I learned a lot from this book. Asset Allocation: I am considering adopting the book's recommendations except that I would mostly...
by kramer
Tue Nov 07, 2017 11:51 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?
Replies: 50
Views: 6089

Re: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?

Thanks to the comments for those who had voted ... when I logged in I voted, it was simple, just took about one minute total.
by kramer
Sat Nov 04, 2017 11:10 pm
Forum: Personal Consumer Issues
Topic: WSJ Digital Subscription - a bargain!
Replies: 85
Views: 24090

Re: WSJ Digital Subscription - a bargain!

Thanks for the warnings. FYI, I had to click around the WSJ.com site to get an actual price. Right now, I could get all-digital for 6 months for $111 or all-digital for 12 months for $222. After that time period, you are automatically enrolled at the price of $111 plus tax per quarter. While I find...
by kramer
Sat Nov 04, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: WSJ Digital Subscription - a bargain!
Replies: 85
Views: 24090

Re: WSJ Digital Subscription - a bargain!

Thanks for the warnings. FYI, I had to click around the WSJ.com site to get an actual price. Right now, I could get all-digital for 6 months for $111 or all-digital for 12 months for $222. After that time period, you are automatically enrolled at the price of $111 plus tax per quarter. While I find ...
by kramer
Wed Oct 18, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Multi-currency accounts for US citizen
Replies: 37
Views: 2006

Re: Multi-currency accounts for US citizen

Maybe an even simpler option would be to have him sign up for a credit card with no foreign transaction fees. That way he can travel to as many countries as he wants, and never have to worry about different currencies and transaction fees. Also, this gives him most value for his dollars and helps b...
by kramer
Tue Oct 17, 2017 4:49 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 549
Views: 57668

Re: Fellow TDA bogleheads

I am one of the many with an HSA at TD Ameritrade (and HSA Bank which uses TD Ameritrade as the brokerage). I can't add money to my HSA anymore, so it is just in maintenance mode for at least 10 more years. I do about one trade per year, reinvesting the dividends thrown off from my existing Vanguard...
by kramer
Thu Oct 12, 2017 5:42 am
Forum: Personal Finance (Not Investing)
Topic: 2 factor authentication - What if something happens to you?
Replies: 50
Views: 4796

Re: 2 factor authentication - What if something happens to you?

Regarding two factor authentication, I won't set up anything related to texting due to international travel. I have had multiple friends locked out of their email accounts for this reason (Yahoo, if I recall) ... when they logged into their email in another country, the email demanded secondary auth...
by kramer
Wed Oct 11, 2017 9:45 pm
Forum: Personal Consumer Issues
Topic: Ecuador safe to travel and hike?
Replies: 21
Views: 2506

Re: Ecuador safe to travel and hike?

I spent a couple of weeks in Ecuador attending Spanish school (mostly Quito) in 2005. Quito was definitely NOT safe at night. Many of the other students were targeted for theft, even during the daytime. There were some violent incidents in the evening against folks who had been there over a series o...