Search found 300 matches

by nodenuff2
Sat Jul 08, 2017 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone use ANNUITIES for SOME of their retirement funds?
Replies: 61
Views: 4395

Re: Does anyone use ANNUITIES for SOME of their retirement funds?

When I retired I had the option to lump sum my defined benefit plan. I took 40% as an annuity the rebalance as a lump. Longevity runs in my wife's family . She had been SHM so I wanted to create an income stream for her in case I go early. 3+ 1/2 years into it I have no regrets. That and my social s...
by nodenuff2
Tue Jun 06, 2017 8:28 pm
Forum: Personal Consumer Issues
Topic: Trailer Towing Tidbits? [and epilogue]
Replies: 52
Views: 3299

Re: Trailer Towing Tidbits?

Don't leave home without a spare and the tools needed to change it. You can't depend on trailer rental company for timely service often it is the next day. The calvery is not coming to your rescue. Make sure you check the bearings on the wheels or have a competent person todo it for you . Check the ...
by nodenuff2
Fri May 05, 2017 11:48 pm
Forum: Personal Consumer Issues
Topic: Road trip to western states
Replies: 38
Views: 2453

Re: Road trip to western states

Independence rock in Wy. Is of historical importance for the way to the west. Mailboat on Lake Chelan Washington is by far the most beautiful ferry boat ride in America 2 offbeat ideas for you to consider
by nodenuff2
Fri May 05, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: Tips From Older Bogleheads?
Replies: 52
Views: 5194

Re: Tips From Older Bogleheads?

Save in 3 vehicles 1. Tira 2. Roth IRA 3. Taxable . We put all into a Tira as a Roth came late n our investing life. Should have saved more in taxable.
by nodenuff2
Sat Apr 29, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 80
Views: 9268

Re: Helping adult children

We have 2 grown children. One has 2 kids one has 3. We try to help with some things like guitar lessons riding lessons travel sports. We try to be equal with the grandkids so the money might not be equal between our children but is between grandkids. We don't keep track to the penny. When we give to...
by nodenuff2
Fri Apr 21, 2017 1:40 pm
Forum: Investing - Theory, News & General
Topic: Single most important investing advice?
Replies: 97
Views: 12763

Re: Single most important investing advice?

Start now. Time in the market is what counts. Don't try to time the market!
by nodenuff2
Tue Feb 21, 2017 7:36 pm
Forum: Investing - Theory, News & General
Topic: Interesting study on impact of providing investors feedback
Replies: 37
Views: 1951

Re: "Investors Respond to Feedback"

Thank you Mr. Larimore for taking so much time to help us little guys. You are a blessing to us.
by nodenuff2
Mon Feb 20, 2017 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: How to Split Pension
Replies: 58
Views: 4928

Re: How to Split Pension

This is a very personal decision. Do you have a pension? Would t be a financial burden to you without her income? We took the joint amount but my wife had no pension. We didn't want to gamble if I died early.
by nodenuff2
Mon Feb 20, 2017 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall, investing, insurance?
Replies: 41
Views: 4294

Re: Windfall, investing, insurance?

Whole live is a terrible deal for but great for the agent selling it. Just say no. Buy a million each in term for you and your wife. Wife should have total say over her inheritance. She should pay off any of her debts but you should handle yours without using her money. She should fund her retiremen...
by nodenuff2
Fri Feb 17, 2017 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Decision - Trad vs Roth
Replies: 44
Views: 1775

Re: 401k Decision - Trad vs Roth

Klang having some inRoth if you have no savings outside your Ira you can replace roofs,cars vacations without having to pay taxes on top off the expensive items. Another way to diversify.
by nodenuff2
Fri Feb 17, 2017 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: What Do You Keep In Your Bank Safe Deposit Box?
Replies: 66
Views: 8558

Re: What Do You Keep In Your Bank Safe Deposit Box?

Bank lockbox holds cash and gold. Safe at home holds all the paper titles and old deeds
by nodenuff2
Fri Feb 17, 2017 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Decision - Trad vs Roth
Replies: 44
Views: 1775

Re: 401k Decision - Trad vs Roth

Do you get a company match? If so put enough in traditional to get the match put the rest in Roth. Split the baby.
by nodenuff2
Fri Feb 17, 2017 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Decision - Trad vs Roth
Replies: 44
Views: 1775

Re: 401k Decision - Trad vs Roth

Do you get a company match? If so put enough in traditional to get the match put the rest in Roth. Split the baby.
by nodenuff2
Fri Feb 10, 2017 2:31 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 369
Views: 30544

Re: Your USER NAME...what does it mean?

Not enough to "retire" until I did one day
by nodenuff2
Sat Feb 04, 2017 10:32 pm
Forum: Personal Consumer Issues
Topic: Car totalled. Need advice on which insurance company to file a claim?
Replies: 30
Views: 2411

Re: Car totalled. Need advice on which insurance company to file a claim?

Either way don't you need a rental car until this is sorted out . A commercial carrier like a taxi will have insurance. Make sure the taxi reported it to their insurance company. Check locally to determine value. Look at your car realistically. Document value by compables. Report it to your company ...
by nodenuff2
Thu Feb 02, 2017 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Replacement Cost coverage for home?
Replies: 4
Views: 574

Re: Replacement Cost coverage for home?

Actual cash value means if you need a roof from a covered peril it will only be partially paid based on useful life. Replacement cost means you will pay your deductible and get a new roof without depreciation. Coverage are better with a replacement policy. Difference in price is just not worth the d...
by nodenuff2
Thu Feb 02, 2017 9:52 pm
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 90
Views: 8439

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

Withdrawal phase 3 years in. 6 Funds 51.7 stocks 37.5 bonds 10.8 cash stocks 80 US 20 International Vtsax, Vfiax, Vtblx Vmmxx Vtiax and one old actively managed fund I have held for 30+ years. Withdraw cash as needed. Dividends and interest go into cash. Closing in on rebalancing levels. Drawing SS ...
by nodenuff2
Sat Jan 28, 2017 12:11 pm
Forum: Investing - Theory, News & General
Topic: Try and hit it big with 25% of your portfolio?
Replies: 51
Views: 5498

Re: Try and hit it big with 25% of your portfolio?

This is an old guy's thoughts. In my 30's I tried commodity trading. Result. Disaster! In my 40's I tried individual no miss individual stocks. Result? Watched World Com go sky high and then back down . Another Disaster. Turned to index investing after that. Results? Terrific financial results and a...
by nodenuff2
Tue Jan 10, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 20604

Re: How Bad was 2008, really?

I was 58 in 2008. In the middle of the decline I admitted to my wife how much we had lost approximately 250k . I knew we would be ok because I had a marvelous pension plan . We started increasing our contribution by half of our raise each year. We stayed the course and retired in Jan. 14 having full...
by nodenuff2
Mon Jan 09, 2017 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: To those with a pension...
Replies: 52
Views: 7340

Re: To those with a pension...

No saved like I didn't have a pension Was at a high stock allocation until about 5 years from retiring moved to 50/40/10 stock bond cash since retiring 3 years ago.
by nodenuff2
Wed Jan 04, 2017 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance payout legal language
Replies: 7
Views: 1193

Re: Insurance payout legal language

I spent many years in the claims business. When someone complained about the release language here is what I told them" By signing this agreement it means that no matter what else happens this is all you are ever going to get no matter what else happens" The language was drawn up by lawyer...
by nodenuff2
Sun Jan 01, 2017 1:51 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST
Replies: 676
Views: 27228

Re: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST

2405.85 Good luck everyone. Taylor wishing you the very best this year. Thanks for all you have taught me.
by nodenuff2
Sat Dec 31, 2016 1:32 pm
Forum: Investing - Theory, News & General
Topic: 2016 Boglehead Contest Winners
Replies: 22
Views: 2586

Re: 2016 Boglehead Contest Winners

Congratulations to the sage Roverdog.
by nodenuff2
Mon Nov 07, 2016 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Keep company truck or get allowance?
Replies: 10
Views: 1243

Re: Keep company truck or get allowance?

Given the liberal personal use of the company vehicle continue to use their vehicle not yours. I drove a company vehicle 40 years the personal use is worth 10k minimum a year.
by nodenuff2
Sun Jun 19, 2016 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Fair to the kids, help educate the grandkids?
Replies: 26
Views: 3093

Re: Fair to the kids, help educate the grandkids?

We currently help grandchildren with things like camp, music lessons school clothes etc . We help as needed but don't try to keep score. When we think about the future we have discussed leaving an equal amount to each grandchild and more to each child. We will)hel each child get as much education as...
by nodenuff2
Wed May 18, 2016 4:45 pm
Forum: Personal Consumer Issues
Topic: Did your children ever completely move out?
Replies: 53
Views: 5040

Re: Did your children ever completely move out?

Just the opposite they continue to bring their too good to discard stuff from their houses to ours where it is stored in the gigantic attic storage space. It is ok with me though as we intend to die in this house then it will be their problem. HEHEHE! I'll get even with the little pack rats.
by nodenuff2
Thu May 12, 2016 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: What was your hardest retirement transition?
Replies: 61
Views: 11007

Re: What was your hardest retirement transition?

Simple there were 2 issues 1. Giving up the company credit card. 2. Turning in the keys to the company car provided to me for all 42 years I worked for the man. No it was not the same car .
by nodenuff2
Wed May 11, 2016 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a good idea?
Replies: 5
Views: 979

Re: Trade US note fore TBF?

The note is a US Treasury note with 7.5 remaining. It represents about 25% of my total fixed income.
by nodenuff2
Wed May 11, 2016 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Is this a good idea?
Replies: 5
Views: 979

Is this a good idea?

So I have this 10 year note that is about 02.5 years old pays 2.75. I could sell it and net about 9% more than face value then roll it into. My total bond fund. Is it worth the trouble or just let it ride?
by nodenuff2
Tue May 10, 2016 4:58 pm
Forum: Personal Consumer Issues
Topic: Keep Twins in Same Class for Kindergarten?
Replies: 41
Views: 4923

Re: Keep Twins in Same Class for Kindergarten?

If there are any issues at home of one "bossing" the other twin or always forcing their will on the other then I think both would benefit from the separation .
by nodenuff2
Thu Apr 21, 2016 10:37 pm
Forum: Personal Consumer Issues
Topic: How To Stay Motivated in Employment When You Might Have Enough?
Replies: 71
Views: 10420

Re: How To Stay Motivated in Employment When You Might Have Enough?

At 62 I had enough but was not quite ready and wanted to be sure. Stayed 2 more years and was sure I was ready. One day the bs was more than I wanted to stand. You will know when you are ready. Doesn't sound like you are yet.
by nodenuff2
Thu Apr 14, 2016 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: When was the most stressful financial time in your life?
Replies: 94
Views: 13364

Re: When was the most stressful financial time in your life?

It was a long time ago but I recall it vividly . 1974 married 2 years 1 child. Somehow managed to convince a lender I was a good enough risk to borrow 35k for our first house .Problem was payment was 318.00 month. Take home was 275 twice a month. Plus a 98.00 National guard check. Had to put the gua...
by nodenuff2
Sat Mar 19, 2016 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: pension choices for spouse and self
Replies: 17
Views: 2041

Re: pension choices for spouse and self

So for giving up 237.00 each month one of you will collect her retirement until both of you are dead. That looks like an easy answer for me. Take the option 2. That plus the higher wager eaner's SS creates a floor income for as long as one of you lives. That is quite the basis for a secure retirement.
by nodenuff2
Sun Feb 07, 2016 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: What happens when car accident claim exceeds insurance limits?
Replies: 52
Views: 26340

Re: What happens when car accident claim exceeds insurance limits?

I worked in insurance claims management for over 30 years. When you determine the adjuster assigned to this claim write him a letter stating your concern that the claim has more value than you have coverage. Ask him not to make any injUry payments unless the third party executes a release in your fa...
by nodenuff2
Thu Feb 04, 2016 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Started new job - what to do with my old 401k?
Replies: 6
Views: 735

Re: Started new job - what to do with my old 401k?

If you put it in a Roth you will owe taxes on what you convert. Can you pay that tax from other sources? If not I would move it to Vangard IRA in a 3 fund portfolio. Then I would put enough in the new 401k to max the match after that from current income max out the Roth. Start reading here to learn ...
by nodenuff2
Thu Feb 04, 2016 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: My Megacorp offered a pension lump sum option today...
Replies: 87
Views: 11255

Re: My Megacorp offered a pension buyout today...

Your calculation as to the value of the 3077 monthly pension is spot on from when I retired 2 years ago. Each 1000. Of pension was worth 220k in a lump sum . We could take any percentage as lump or monthly income. I took a combo after figuring what my monthly expenses would be less SS very happy wit...
by nodenuff2
Sun Jan 17, 2016 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: Any here invested in individual stocks?
Replies: 36
Views: 3417

Re: Any here invested in individual stocks?

We have a small amount in Brk-b in a taxable account and some C in an Ira. We keep the C to remind me not to buy individual stocks . I am a visual learner and shake my head at how stupid I was before coming here.
by nodenuff2
Sun Jan 17, 2016 2:50 pm
Forum: Investing - Theory, News & General
Topic: Really bad day?
Replies: 24
Views: 4872

Re: Really bad day?

In 1987 I was taking an economics course from a college professor for a professional designation. Lost about 25k that day but just hunkered down and kept buying every two weeks. Man that night we had some wild discussion. By the end of the year I had recovered. Some never did. Sold and went to CD's ...
by nodenuff2
Sun Dec 20, 2015 5:23 pm
Forum: Personal Consumer Issues
Topic: How long do used cars typically last?
Replies: 53
Views: 5401

Re: How long do used cars typically last?

My 2000 F250 has 233000 miles on it . Yes I have spent some money maintaining it but the Cost to replace it is so high it I hope it lasts another 100000. Maintaince so far transmission 2k , front end work 2k and other smaller repairs but I would drive it anywhere.
by nodenuff2
Fri Dec 18, 2015 9:43 am
Forum: Personal Finance (Not Investing)
Topic: spending (which asset(s) to tap first)
Replies: 10
Views: 1229

Re: spending (which asset(s) to tap first)

I would draw from 401k and Tira's first. This saves the taxable for big ticket items in retirement like cars,new roof for house and othe unexpected large cash outlays.
by nodenuff2
Mon Nov 09, 2015 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: What would you do? (Personal/Family financial situation)
Replies: 55
Views: 6285

Re: What would you do? (Personal/Family financial situation)

1.no doubt there are a lot of family dynamics at work here. You are to be commended for following your mothers wishes. She Kept meticoulus records so I would be guided by them first. 2. You must have some doubt to be posting this question so you should meditate/pray then follow your heart.3. Persona...
by nodenuff2
Sun Oct 25, 2015 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Son had [bicycle] accident [- how to handle claim against him]
Replies: 68
Views: 6752

Re: Son had [bicycle] accident [- how to handle claim against him]

The car owner must have had collision insurance on the vehicle and submitted a claim to his carrier who is now seeking reimbursement for the damage including the car owners deductible. After verifying the damage is accurate I would offer to make monthly payments or a discounted amount to resolve thi...
by nodenuff2
Sat Oct 24, 2015 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Injury Claim for a Car Accident
Replies: 22
Views: 2191

Re: Personal Injury Claim for a Car Accident

I managed claims like this for a long time if you are reluctant to hire counsel then you should determine from your doctor if you have any permanent disability for the injury. If so how much to the body as a whole. Next you will need to know if it is a liberal or conservative venue. What are the lim...
by nodenuff2
Tue Oct 06, 2015 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with $75k
Replies: 5
Views: 864

Re: What to do with $75k

Put in something very safe unless you will not need all of it. Then I would put only half of that into 3 fund portfolio. There are many incidental expenses with a hoe purchase. Drapes, more furniture etc.
by nodenuff2
Wed Sep 16, 2015 9:31 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2939
Views: 864220

Re: What Movie Have You Recently Watched?

War Room best movie to come out ofHollywood in a long time!
by nodenuff2
Fri Aug 21, 2015 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: A bed time story for a RBD
Replies: 4
Views: 988

Re: A bed time story for a RBD

For AAA RBD= Really Bad Day. That is from Livesoft I just used it. Time in the market not timing the market.
by nodenuff2
Fri Aug 21, 2015 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: A bed time story for a RBD
Replies: 4
Views: 988

A bed time story for a RBD

Once upon a time a long long time (1985-86) a young investor shielded some income from the tax man in a IRA. He put in 2k that year and 2k the next. He never made another investment. He braved the crash in '87. He stayed the course in 2000. He stayed committed through 2006-09. Just kept believing in...
by nodenuff2
Thu Aug 13, 2015 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: structured settlement for minor in car accident
Replies: 9
Views: 1418

Re: structured settlement for minor in car accident

I doubt the court will permit you to sell the annuity for the child . The court has a duty to protect the child's interest in this matter. Put it in some investment that goes sour then try to explain that to the judge.
by nodenuff2
Thu Aug 13, 2015 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Your First Job
Replies: 113
Views: 9984

Re: Your First Job

Worked at a country store changing oil,washing cars,pumping gas. I was 14 . Taught me a lot but most of all t taught me to not be afraid of hard work. Stayed there for 2 years.