Search found 2978 matches

by tc101
Fri Aug 10, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 166
Views: 14356

Re: "Open Social Security" calculator: feature requests, bug reports, etc

Given the factors I mentioned in the last post, I wonder how useful this calculator is? It might lead to more confusion than clarity for most people, and might lead to some people taking SS earlier than would be best for them. What it calculates is just one minor part of the info to be considered w...
by tc101
Fri Aug 10, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 166
Views: 14356

Re: "Open Social Security" calculator: feature requests, bug reports, etc

Given the factors I mentioned in the last post, I wonder how useful this calculator is? It might lead to more confusion than clarity for most people, and might lead to some people taking SS earlier than would be best for them. What it calculates is just one minor part of the info to be considered wh...
by tc101
Fri Aug 10, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 166
Views: 14356

Re: "Open Social Security" calculator: feature requests, bug reports, etc

I am 68 and single. It tells me to file immediately. Why? Because that is the option that maximized expected present value, given the inputs provided. Without additional information about the inputs you used, it's hard to say anything more than that. I used all the default inputs, except birthday. ...
by tc101
Fri Aug 10, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 166
Views: 14356

Re: "Open Social Security" calculator: feature requests, bug reports, etc

I am 68 and single. It tells me to file immediately. Why? Because that is the option that maximized expected present value, given the inputs provided. Without additional information about the inputs you used, it's hard to say anything more than that. I used all the default inputs, except birthday. ...
by tc101
Wed Aug 08, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 166
Views: 14356

Re: "Open Social Security" calculator: feature requests, bug reports, etc

I am 68 and single. It tells me to file immediately. Why? Most people would say I should wait until I turn 70.
by tc101
Sun Jul 29, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: Jonathan Clements blog - Argues for all-in-one fund
Replies: 21
Views: 3624

Re: Jonathan Clements blog - Argues for all-in-one fund

I notice that the Schwab fund has lower expenses and is more diversified than the Vanguard target date fund.
by tc101
Tue Jul 24, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Figuring out long-term technology plan for kids - Chromebook?
Replies: 43
Views: 2310

Re: Figuring out long-term technology plan for kids - Chromebook?

Be aware that it is more complicated to print from a chromebook than from a regular computer.
by tc101
Sun Jul 22, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up dedicated computer for investment/finance
Replies: 12
Views: 1764

Re: Setting up dedicated computer for investment/finance

Go with linux, as suggested earlier.
by tc101
Thu Jul 19, 2018 9:22 pm
Forum: Personal Consumer Issues
Topic: Hearing aids
Replies: 29
Views: 3229

Re: Hearing aids

What about Sam's club hearing aids?
by tc101
Thu Jul 19, 2018 10:53 am
Forum: Investing - Help with Personal Investments
Topic: REITs, etc
Replies: 11
Views: 676

Re: REITs, etc

Opinions have changed a lot. Several years ago most people here viewed REITS as a good diversifer. Now that is seldom mentioned. Is this because REITS have not done as well as the total market over the last 2 years, but did better than the total stock market for many years before that? Is this recen...
by tc101
Sun Jul 08, 2018 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs Schwab
Replies: 18
Views: 2066

Re: Fidelity vs Schwab

If you have a problem with Fidelity cash management you have to deal with a third party bank and you will not get Fido's excellent customer service. I found this very frustrating. For banking I would recommend schwab.
by tc101
Thu Jul 05, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: Vanguard - What will the real return be for stocks and bonds over the next ten years?
Replies: 46
Views: 5260

Re: Vanguard - What will the real return be for stocks and bonds over the next ten years?

I am in withdrawal phase. Even a 3% real return makes a 4% withdrawal very safe.
by tc101
Sat Jun 16, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads smarter than the bond market?
Replies: 40
Views: 4371

Re: Are Bogleheads smarter than the bond market?

The Fed has been pretty clear for awhile that they are bent on raising rates gradually for the next 12 - 18 months. the Fed is basically telling what the interest rate market is most likely going to be. It isn't some analyst on CNBC it is the Fed. Isn't this something that everyone knows and is alr...
by tc101
Fri Jun 15, 2018 12:20 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads smarter than the bond market?
Replies: 40
Views: 4371

Are Bogleheads smarter than the bond market?

There is a lot of talk recently about shifting to shorter duration bonds because interest rates are going up. Do we know something that is not already known by everyone else buying and selling bonds? Do we have information not already priced into the bonds? "The market is smarter than you are" was m...
by tc101
Fri Jun 01, 2018 11:10 am
Forum: Investing - Theory, News & General
Topic: Interest calculation when moving money in MMFs and bond funds
Replies: 4
Views: 466

Interest calculation when moving money in MMFs and bond funds

When you move money in and out of bond funds and money market funds, is the interest calculated by the day, or by the month? Is there some way that you can get a better or worse return by picking the day you move the money?
by tc101
Mon May 21, 2018 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Newly widowed, how do I invest 1.5 million life ins. proceeds
Replies: 72
Views: 8290

Re: Newly widowed, how do I invest 1.5 million life ins. proceeds

My wife died 6 months ago. It was the hardest thing I have ever experienced. I felt like I was going crazy. I talked to several grief councilors. Read lots of books. Went to a grief support group. The one piece of advice they all agreed on was to avoid making any big decisions for 6-12 months. I was...
by tc101
Sat May 19, 2018 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 11076

Re: Career planning in IT/software development when over 40

Mostly C#, .NET, MS SQL As you know, those are in demand skills, so you could always find a job. What do you want to do? What is most important? Is money a greater motivator, or enjoyment at work? Security or adventure? Do you like where you live or want to move to another city? Would you rather wo...
by tc101
Sat May 19, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 11076

Re: Career planning in IT/software development when over 40

I work on software that automates business processes Do you write code in mainstream languages, like java, javascript, python, or whatever else is big these days? Software Development (more back end web than front end) Database Design/Development/Administration Do you do much SQL, or the new, commo...
by tc101
Sat May 19, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 11076

Re: Career planning in IT/software development when over 40

I've been retired for 11 years, so things have probably changed. I had a great job using proprietary software. I stayed there 10 years. Then I got bored, learned some new stuff and got another job. However, when the second job ended, I found all my years with the proprietary software were totally us...
by tc101
Thu May 10, 2018 1:09 pm
Forum: Personal Consumer Issues
Topic: Amazon Alternative
Replies: 86
Views: 8245

Re: Alternatives to Amazon

Someone mentioned ebay. I thought that was just for auctions.
by tc101
Thu May 10, 2018 12:47 pm
Forum: Personal Consumer Issues
Topic: Amazon Alternative
Replies: 86
Views: 8245

Re: Alternatives to Amazon

I think I'll try walmart. How does it compare to Amazon, other than price? Easy to use web site? Quick delivery? Good customer support?
by tc101
Thu May 10, 2018 12:07 pm
Forum: Personal Consumer Issues
Topic: Amazon Alternative
Replies: 86
Views: 8245

Alternatives to Amazon

[Thread merged into here, see below. --admin LadyGeek] Amazon is incredibly convenient and for lots of things the prices are good, but on some items the prices are ridiculously high. I don't want to go all over the web looking for the lowest prices and ordering from dozens of companies. I would lik...
by tc101
Wed May 09, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Pay Pal customer support
Replies: 4
Views: 411

Pay Pal customer support

I have used Pay Pal for years because it was quick and easy. I recently had a problem and I found the customer support to be almost non existent. There is no phone number to call. I had to go through several pages to even get to where I could send an email, and then they sent me a canned response th...
by tc101
Tue Apr 10, 2018 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: I'm thinking about annuities. Tell me if this makes sense.
Replies: 10
Views: 1200

Re: I'm thinking about annuities. Tell me if this makes sense.

Consider that there are other ways to protect your finances from your aging self and from theft and fraud without committing large sums to an annuity. You might want to consider trusts or similar options.
Where could I read more about that?
by tc101
Tue Apr 10, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: I'm thinking about annuities. Tell me if this makes sense.
Replies: 10
Views: 1200

Re: I'm thinking about annuities. Tell me if this makes sense.

the popular advice re annuities seems to be to start at 70. But if in 6 months you still want to start the process I don't see a compelling reason to wait. I thought the advice was that you don't start to take the money from the annuity income stream before age 70, but that when buying deferred ann...
by tc101
Tue Apr 10, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: I'm thinking about annuities. Tell me if this makes sense.
Replies: 10
Views: 1200

Re: I'm thinking about annuities. Tell me if this makes sense.

I have no heirs, no children. I will leave any inheritance to my brother, or my brother's children, and to friends who need money and would be positivly effected by a small inheritance. My brother and his kids have plenty and don't really need it. So I have more than I need. I may start spending mor...
by tc101
Tue Apr 10, 2018 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: I'm thinking about annuities. Tell me if this makes sense.
Replies: 10
Views: 1200

I'm thinking about annuities. Tell me if this makes sense.

I'm thinking about annuities. Tell me if this makes sense. I am 68, single, have been retired about 10 years. I have $1.4M, mostly at Vanguard, invested 50/50. My house is paid for. It's worth about $300K. My current yearly living expenses are about $45K/year. They might go up, but I have simple tas...
by tc101
Tue Apr 10, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Question on state annuity insurance
Replies: 1
Views: 166

Re: Question on state annuity insurance

I found the answer for Georgia on the Georgia insurance web site: The total annuity cash surrender protection per owner per licensed insurer is $250,000. http://www.gaiga.org/FAQ This varies from state to state though. Not just the amount guaranteed, but also on the question of the limit being on an...
by tc101
Tue Apr 10, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: When to apply for social security if I want to start it at age 70?
Replies: 3
Views: 591

When to apply for social security if I want to start it at age 70?

I want to start social security at the latest possible date, which I think is my 70th birthday. How soon before my birthday should I apply? Could I apply a year early?
by tc101
Tue Apr 10, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Question on state annuity insurance
Replies: 1
Views: 166

Question on state annuity insurance

Two questions: I live in Georgia. I remember seeing a table here that gave the state annuity guarantees for every state. I think that the Georgia limit is $250K but don't remember for sure. I can't find that table now. Can someone give me a link to the table Assuming the limit is $250K, is that the ...
by tc101
Sun Apr 08, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: How do you cancel a bid on ebay?
Replies: 7
Views: 649

Re: How do you cancel a bid on ebay?

I contacted the seller and he canceled the bid for me.
by tc101
Sun Apr 08, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: How do you cancel a bid on ebay?
Replies: 7
Views: 649

How do you cancel a bid on ebay?

I found this info, but it doesn't tell you how to actually cancel
the bid.

https://www.ebay.com/help/buying/biddin ... id?id=4013

I want to cancel because the shipping costs from UK are higher than
the cost of the item, and I didn't see that until after I placed the
bid.
by tc101
Mon Mar 12, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: Turbo Tax Online
Replies: 2
Views: 209

Turbo Tax Online

I've used turbotax online the last 2 years with no problem. Is there any good reason not to use it for 2017? I have to buy the $79 premier version to get it to import stuff from Vanguard. I don't care about saving a few dollars. I just want to know if there are any problems with doing it online with...
by tc101
Sun Feb 25, 2018 12:03 am
Forum: Investing - Theory, News & General
Topic: Atlantic Article: This Is What Life Without Retirement Savings Looks Like
Replies: 26
Views: 4889

Re: Atlantic Article: This Is What Life Without Retirement Savings Looks Like

So as I see it, the challenge for people who don't have savings is to let go of the idea that a "good life" is one spent living in some luxurious golf community punctuated by expensive trips overseas. It's a chance to reexamine the materialistic lifestyle that is the true religion of so many Americ...
by tc101
Thu Feb 22, 2018 12:15 am
Forum: Investing - Help with Personal Investments
Topic: Help invest an extra $5,000 per month
Replies: 19
Views: 2473

Re: Help invest an extra $5,000 per month

Put the extra monthly money in a high yield savings account until you have about $50K. That should cover most emergencies. Then start paying off your mortgage with half of your extra $5K monthly, and put the other half in stock index funds. Paying off the mortgage yields more than any other no risk ...
by tc101
Sat Feb 03, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: Why GNMAs Shouldn't Be Your Bond Choice
Replies: 70
Views: 5665

Why GNMAs Shouldn't Be Your Bond Choice

Here is an article by Larry Sedroe back in 2010. https://www.cbsnews.com/news/why-gnmas-shouldnt-be-your-bond-choice/ At that time he recommended against holding GNMAs, and even recommended against the total bond market fund because it held them. I read a lot about this on Bogleheads back about the ...
by tc101
Mon Jan 29, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Allocation Decisions: LENDX, SRRIX and QSPIX
Replies: 60
Views: 9294

Re: Allocation Decisions: LENDX, SRRIX and QSPIX

"normal investors" can now access new sources of risk (private lending and reinsurance) that (a) have equity-like returns with lower volatility and (b) are not correlated with with the stock market. Can someone explain in more detail or give me a link that explains in more detail just exactly what ...
by tc101
Mon Jan 29, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Rising Rates Increase Worries
Replies: 86
Views: 14277

Re: Larry Swedroe: Rising Rates Increase Worries

I'm actually surprised that he mentions/recommends these "alternatives" without even providing a clue exactly what they invest in. Same here. The whole article seems pointless because of the lack of any information on the "alternatives". Does anyone understand what these "alternatives" invest in? I...
by tc101
Sat Jan 27, 2018 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with large stock holding in taxable account
Replies: 32
Views: 2862

Re: What to do with large stock holding in taxable account

Is he married or single? And what is his other income? He might owe zero in taxes if handled properly.
Married. Wife not working. How could he owe zero taxes?
by tc101
Sat Jan 27, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with large stock holding in taxable account
Replies: 32
Views: 2862

Re: What to do with large stock holding in taxable account

He needs the money to live on in retirement so he won't be giving it away. As far as I can understand after a quick look at the tax laws, his two options are to sell a little every year and pay 15% cap gains tax, or it all at once to get immediate diversification and pay 20% cap gains tax. Is there ...
by tc101
Sat Jan 27, 2018 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: How to calculate RMD on inherited inherited IRA
Replies: 5
Views: 433

Re: How to calculate RMD on inherited inherited IRA

The link to the previous discussion goes into more detail about some more complicated situations, but my question has now been answered. Here is another post that put it in very simple language: Say I have an inherited IRA from a parent. Then at some point I die and my wife inherits the inherited IR...
by tc101
Sat Jan 27, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: How to calculate RMD on inherited inherited IRA
Replies: 5
Views: 433

Re: How to calculate RMD on inherited inherited IRA

I found an earlier bogleheads discussion on this:

viewtopic.php?t=140823

To put it very simply:

IRA through Dad to Mom to me:
Mom's life expectancy, not mine.
by tc101
Sat Jan 27, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: What to do with large stock holding in taxable account
Replies: 32
Views: 2862

What to do with large stock holding in taxable account

I have a friend who bought Home Depot stock back in 1981 when it first went public. That initial investment of a few thousand dollars is now worth over a million. His only other assets are an IRA with about $100K, a taxable bank account with some CDs worth about $100K, and a house that is paid for. ...
by tc101
Sat Jan 27, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: How to calculate RMD on inherited inherited IRA
Replies: 5
Views: 433

How to calculate RMD on inherited inherited IRA

I recently inherited an IRA from someone who had inherited that IRA several years earlier from her mother. In other words I inherited and inherited IRA. Vanguard will not calculate the RMD and says I need to see a tax professional. I think it can not be all that complicated but I can't find and inst...
by tc101
Thu Jan 25, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: How to calculate change in CD value
Replies: 7
Views: 524

Re: How to calculate change in CD value

Aren't the brokered CDs valued based on trade prices?
I just checked with Schwab and market price is how they value CDs.
by tc101
Thu Jan 25, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: How to calculate change in CD value
Replies: 7
Views: 524

How to calculate change in CD value

I know that when a CD matures, it has the value you originally paid for it, but Vanguard also lists the current value in the accounts and balances screen. Tell me if I understand how this is calculated. My understanding is that the value should change by interest rate change times the number of year...
by tc101
Wed Jan 24, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: Have you ever found an error on your amazon bill?
Replies: 20
Views: 1843

Have you ever found an error on your amazon bill?

I buy lots of stuff at Amazon. I have an Amazon chase credit card. It is really difficult to match the credit card statement with the amazon orders. Does anyone do this? Do you ever find any errors?