Search found 112 matches

by metalworking
Sun Jun 10, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 104
Views: 12690

Re: Retire at 55, what's the magic number

The problem: Access to healthcare with guaranteed coverage for preexisting conditions. Without that I kiss early retirement goodbye. This is what I kept saying but I have come to believe that there will be no certainty in regards to healthcare for at least the next decade (likely longer). I honestl...
by metalworking
Wed Jun 06, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Withdrawing from non governmental 457
Replies: 4
Views: 165

Re: Withdrawing from non governmental 457

thanks. I do know that i can't roll it over as if it was a governmental plan. Yes i am asking that since my 457 is "deferred compensation" shouldn't i be able to contribute to a traditional IRA. For example if i get $10000 in deferred compensation next year can i contribute to a traditional IRA up t...
by metalworking
Wed Jun 06, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Withdrawing from non governmental 457
Replies: 4
Views: 165

Withdrawing from non governmental 457

Retiring at the end of this year and next year I will have to take some of my non gov 457b. I am going to withdraw the total amount over several years as I am trying to keep my taxable money low so that i can qualify for healthcare subsidy. If I find I have too much income for a subsidy can i reduce...
by metalworking
Tue May 29, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Can we retire in 2018?
Replies: 103
Views: 8349

Re: Can we retire in 2018?

Just my 0.02 cents. Everything has a risk vs benefit and you will have to decide what you are comfortable with. I am in a similar situation (a little younger and a little higher asset amount). If you can maintain your MAGI in the subsidy range (and you should be able to) the price of insurance is mu...
by metalworking
Sun May 27, 2018 5:07 pm
Forum: Forum Issues and Administration
Topic: Please Try Out Test Posts Here
Replies: 230
Views: 186291

Re: Please Try Out Test Posts Here

Sockeye wrote:
Tue Nov 07, 2017 12:59 am
Thanks. It appears the problem was that I needed to post once before having PM privileges.
testing
by metalworking
Sun May 27, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring and have questions about retirement accounts
Replies: 8
Views: 955

Re: Retiring and have questions about retirement accounts

[/quote] If you terminate employment and are rehired later, you should be able to transfer it to an IRA. If you are merely changing the conditions of your employment, that might not be right. But saying that you will not be eligible to use their retirement plan ....it seems to me you are terminating...
by metalworking
Sun May 27, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring and have questions about retirement accounts
Replies: 8
Views: 955

Re: Retiring and have questions about retirement accounts

I won't be drawing from my 403b I just wondered if i could transfer it all to an IRA since I might still have some employment income from the plan owner. I may be doing some Roth conversions in the future.
by metalworking
Sun May 27, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring and have questions about retirement accounts
Replies: 8
Views: 955

Retiring and have questions about retirement accounts

I am retiring (early age 53) but may do minimal per diem work for the same company (maybe 1-2 shifts every other month). I talked to my HR department and if i do per diem they would still cover their half of social security but I would not be eligible for retirement accounts. So this makes me wonder...
by metalworking
Wed May 23, 2018 1:58 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 201
Views: 26935

Re: Roll Call for the Retirement Class of 2018!

Officially gave notice for Dec 2018. I figured it was helpful for them to have a longer notice and if they asked me to leave sooner i would smile and say thank you.
by metalworking
Tue May 01, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Savings bond Wizard says Rate N/A for I bonds
Replies: 19
Views: 1900

Re: Savings bond Wizard says Rate N/A for I bonds

thanks. guess it is possible but many of the bonds still display their yield. i'll try and update again tomorrow
by metalworking
Tue May 01, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Savings bond Wizard says Rate N/A for I bonds
Replies: 19
Views: 1900

Savings bond Wizard says Rate N/A for I bonds

I updated my united states savings bond wizard and for several of the I bonds (2008,2009,2014) it says the yield is N/A. I have never noticed that before and do not understand? I must admit i don't understand what the yield represents anyway but i don't think it should be N/A. Any thoughts

thanks
by metalworking
Thu Apr 26, 2018 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: When the market crashes...
Replies: 25
Views: 3450

Re: When the market crashes...

Did that in 2008-2009 with my retirement. I didn't pull anything out thankfully but new contributions went into money market. Regret doing that to this day as my balances would be so much higher today. Expensive lesson learned.
by metalworking
Sat Mar 31, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 11634

Re: What age is the best to give a child control of an inheritance?

We chose 21. She has been responsible and we have been aggressive with discussing saving/investing etc every since a young age. We told her that we would highly recommend if something happens to call vanguard/fidelity and use their advisory service to get her invested properly. We also told her that...
by metalworking
Thu Mar 01, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: Kitchen features
Replies: 108
Views: 7874

Re: Kitchen features

Double wall oven is a must. Induction cooktop as I love the control of heat. A touch faucet is great and allows me to easily keep my hands clean and not cross contaminate kitchen surfaces. Just make sure they install the insulator between the faucet and quartz counter top. As we found out the quartz...
by metalworking
Wed Feb 28, 2018 11:45 am
Forum: Investing - Theory, News & General
Topic: Boglehead contradiction, constant asset allocation is market timing
Replies: 100
Views: 9086

Re: Boglehead contradiction, constant asset allocation is market timing

There are lots of contradictions. We also say that the past doesn't predict future result yet I am choosing my asset allocation based on comfort level with what has worked in the past.
by metalworking
Tue Feb 13, 2018 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 18377

Re: Number at which to stop worrying

Folks, The good thing about being unemployed for 1 year or longer a few times is A) I learned not to worry. I had to in order to survive. B) I am prepared for whatever worst case that I can imagine. For example, I am prepared for unemployment and recession lasting 5 years at any time. C) I have a p...
by metalworking
Tue Feb 06, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: Want a Safe Car, Feel Guilty
Replies: 72
Views: 5719

Re: Want a Safe Car, Feel Guilty

what's the point of saving money if you are afraid to use it. By the way we love our new (gasp) 2018 camary. We got the 4 cylinder and it has enough pep for me.
by metalworking
Fri Feb 02, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 105
Views: 10802

Re: What's your cash position

I have been retired for 10 years with no pension or SS (yet). Pension starting this year. We have never had significant cash. Our bond portfolio is substantial in terms of percentage of our assets and the duration is fairly low. I think this drives home the difficulty answering this question. As ot...
by metalworking
Fri Feb 02, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 105
Views: 10802

Re: What's your cash position

If i had a pension/SS/annuity that covered my monthly expenses then i would keep minimal cash. Since i plan to retire before social security I keep enough cash equivalents (I bonds, money market, savings) to cover 5 years survival expenses. A fixed "paycheck" each month would change everything.
by metalworking
Thu Feb 01, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: confused about my bond dividend
Replies: 8
Views: 678

Re: confused about my bond dividend

thanks everyone. I am sure they are correct but just don't quite understand how they got to where they did. It also surprised me that the dividend was lower than a lot of times last year (despite reinvesting dividends) I will watch next month since i wont be rebalancing and see what happens.
by metalworking
Thu Feb 01, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: confused about my bond dividend
Replies: 8
Views: 678

Re: confused about my bond dividend

Yes i did add 175 shares mid month when rebalancing but that pales in comparison to the 41000+ shares that are in the account and i couldn't make the math work.
by metalworking
Thu Feb 01, 2018 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: confused about my bond dividend
Replies: 8
Views: 678

Re: confused about my bond dividend

Thanks for the reply. If i understand your point the reinvested shares should only account for a 3 dollar difference the way i figure it
by metalworking
Thu Feb 01, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: confused about my bond dividend
Replies: 8
Views: 678

confused about my bond dividend

I have MWTSX (a intermediate term bond fund) in my 403b. I was surprised to see my bond dividend for january lower than several months last year. i currently have 41481.355 shares and the dividend was 0.019169 per share. I'm no rocket scientist but by my math i should get approximately $795 dividend...
by metalworking
Sun Jan 28, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Investment thought loops have been destroying me
Replies: 31
Views: 1450

Re: Investment thought loops have been destroying me

I find that my anxiety about money has increased significantly as I think i have almost reached/reached my FI goal and am contemplating early retirement (and the risk that entails). Are you contemplating a major life change where the loss of money could be felt as more of acute threat. I am not tryi...
by metalworking
Sat Jan 27, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: Dalio says bonds have entered a bear market
Replies: 96
Views: 10272

Re: Dalio says bonds have entered a bear market

Just for the record, and there are many issues of how to interpret this but I think it's worth looking at... this simulation shows what happens to a rolling bond ladder that has a duration of 6.31 years, about the same as that of the Vanguard Total Bond Market Index Fund. Now, the 10-year rate has ...
by metalworking
Tue Jan 23, 2018 10:55 pm
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 12772

Re: Keep investing simple

Bogleheads: I have been in retirement for many years with this allocation: Money that I cannot afford to lose is in cash and bonds. The rest is in stocks. It works! :happy Please read my " Simplicity " link below. Best wishes. Taylor Can i ask your thoughts on the cash vs bonds question?
by metalworking
Tue Jan 23, 2018 9:35 am
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 12772

Re: Kitces article: A cash bucket in retirement? Nope

It funny how people interpret this article differently than me. It seems to me he is saying it really doesn't hurt and may help to keep some cash as long as you keep it in your bond allocation. I think he even says it improves portfolio longevity in the worst case scenarios? Isn't that why people h...
by metalworking
Tue Jan 23, 2018 9:04 am
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 12772

Re: Kitces article: A cash bucket in retirement? Nope

It funny how people interpret this article differently than me. It seems to me he is saying it really doesn't hurt and may help to keep some cash as long as you keep it in your bond allocation. I think he even says it improves portfolio longevity in the worst case scenarios? Isn't that why people ha...
by metalworking
Mon Jan 22, 2018 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to give up on bond fund, Lost 2.25% past 6 months
Replies: 85
Views: 11416

Re: Ready to give up on bond fund, Lost 2.25% past 6 months

I don't consider bonds volatile, but to put it simply your cash does not go up when your stocks go down. So unless you like another hedge better than bonds, this is their use in my simplistic view. You can't have it both ways. It's either not volatile, in which case it won't do much as a hedge for ...
by metalworking
Sat Jan 13, 2018 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help me stop my addiction to stock market peeping!
Replies: 66
Views: 4974

Re: Help me stop my addiction to stock market peeping!

Here you go. Follow this psychologist strategy as it is sure to help. It is a Bob Newhart skit called, "Stop it"

https://www.youtube.com/watch?v=arPCE3zDRg4
by metalworking
Sat Dec 30, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm - Letter Received today
Replies: 15
Views: 4442

Re: State Farm - Letter Received today

If you are in a hail prone area look at your new hail damage deductible. That's what changed for us
by metalworking
Thu Dec 28, 2017 6:46 pm
Forum: Investing - Theory, News & General
Topic: VBTLX in taxable or IRA account confusion
Replies: 9
Views: 891

Re: VBTLX in taxable or IRA account confusion

I posted this same question a while ago and received some great information. You could search for the thread. I finally decided to hold most but not all of my bonds in my 403b. I put some bonds in TBM taxable as i also plan to retire before social security kicks in and i wanted a little more stable ...
by metalworking
Mon Dec 25, 2017 5:21 pm
Forum: Investing - Theory, News & General
Topic: Tax Reform - Revised Kiddie Tax
Replies: 48
Views: 5710

Re: Tax Reform - Revised Kiddie Tax

... kitces seems to be saying it was taxed at their marginal rate. It is taxed at parents’ marginal tax rate for non qualified dividends and short term capital gain. However, QDI and LTCG are still taxed at preferred rates on parents’ return. The above is for the law in effect today. It will change...
by metalworking
Mon Dec 25, 2017 4:55 pm
Forum: Investing - Theory, News & General
Topic: Tax Reform - Revised Kiddie Tax
Replies: 48
Views: 5710

Re: Tax Reform - Revised Kiddie Tax

... kitces seems to be saying it was taxed at their marginal rate. It is taxed at parents’ marginal tax rate for non qualified dividends and short term capital gain. However, QDI and LTCG are still taxed at preferred rates on parents’ return. The above is for the law in effect today. It will change...
by metalworking
Sun Dec 17, 2017 8:35 pm
Forum: Personal Consumer Issues
Topic: Piano damaged when exercise bike installed
Replies: 13
Views: 1731

Re: Piano damaged when exercise bike installed

someone who is skilled in wood repair should be able to do it. We had some higher end cabinets placed that got scratched. Our contractor recommended someone who was very good and they did a great job. I don't see why this would be any different but I am not a woodworker so can't say for sure
by metalworking
Sun Dec 17, 2017 7:52 pm
Forum: Personal Consumer Issues
Topic: Piano damaged when exercise bike installed
Replies: 13
Views: 1731

Re: Piano damaged when exercise bike installed

Big box store employees put their foot through our garage ceiling while up in the attic trying to unsuccesfully run cable (they didn't tell us but we noticed the hole in the ceiling as they were leaving). We called the store and their insurance required us to get a bid. They paid for all repairs. I ...
by metalworking
Sun Dec 17, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 12400

Re: 2018 financial goals - what are yours?

1. Max my 403b and contribute to roth IRA despite changing from full time to part time
2. See if i can really live for 6 months on my expected retirement investment income
by metalworking
Wed Nov 08, 2017 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: 529 plan questions
Replies: 20
Views: 1991

Re: 529 plan questions

thanks again everyone, I learned a lot. Glad i am not a CPA
by metalworking
Wed Nov 08, 2017 11:25 am
Forum: Personal Finance (Not Investing)
Topic: 529 plan questions
Replies: 20
Views: 1991

Re: 529 plan questions

You are correct the full ride doesn't cover the books but as she is a junior we know that the majority will be left over at the end of senior year. I am thinking to pull some out and then leave the rest in to allow us to help with some educational graduate school expenses (assuming that happens). Ri...
by metalworking
Wed Nov 08, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: When to use a non-qualified deferred compensation plan
Replies: 9
Views: 893

Re: When to use a non-qualified deferred compensation plan

One of the difficulties of giving advice is that the future is unpredictable so the answer is only correct/incorrect in hindsight. This plan entails a risk that you are exposed if your company goes out of business. I am not sure how common this is but it is certainly not impossible. It is also unpre...
by metalworking
Tue Nov 07, 2017 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: 529 plan questions
Replies: 20
Views: 1991

Re: 529 plan questions

thanks again everyone. Will definitely have to consider a few more things that i wasn't aware of.
by metalworking
Tue Nov 07, 2017 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: 529 plan questions
Replies: 20
Views: 1991

Re: 529 plan questions

thanks Mike. She might go to grad school but my understanding from her is that usually good programs pay their grad students in engineering and so we don't know if its worth it. Interesting thought about the grandkids. I didn't know you could do that. Always learning something new
by metalworking
Tue Nov 07, 2017 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: 529 plan questions
Replies: 20
Views: 1991

529 plan questions

Daughter has a full ride and we will not be using all our 529 plan. We were able to deduct the contribution from state tax. My understanding is that if we withdraw part of the amount and don't use for education we will not be on the hook for the 10% penalty (because of scholarship) but will have to ...
by metalworking
Sat Sep 16, 2017 10:25 pm
Forum: Investing - Theory, News & General
Topic: Are long-term market returns reliable?
Replies: 38
Views: 4845

Re: The myth about long-run stock returns

I guess I am just confused as to the point of the article. Maybe i am missing something but it is not a shock to me that there are no guarantees. Nothing is certain. The author also doesn't suggest what he can do to remedy this uncertainty.
by metalworking
Fri Jul 14, 2017 6:12 pm
Forum: Personal Consumer Issues
Topic: Road noise in 2017 Honda CRV?
Replies: 32
Views: 10793

Re: Road noise in 2017 Honda CRV?

quote] You could be right and that's the reason for the poor tire wear on the Hankooks. You would think that soft tires would have better traction on snow and ice though.[/quote] I think you are correct that technically softer tires should equal better traction. But the tread/traction control system...
by metalworking
Fri Jul 14, 2017 2:05 pm
Forum: Personal Consumer Issues
Topic: Road noise in 2017 Honda CRV?
Replies: 32
Views: 10793

Re: Road noise in 2017 Honda CRV?

My understanding is that dealers tires on new cars are usually, "softer" than the tires you buy from Tire rama and those types of stores. Because of this they are quieter but they don't last as long. I would drive the car and see what you think about the road noise since it is probably as good as it...
by metalworking
Mon Jun 12, 2017 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: No social security taken out of paycheck
Replies: 5
Views: 1458

Re: No social security taken out of paycheck

thanks everyone. sounds like no one feels that this can't count towards ROTH. Didn't think about this not contributing to his total SS earnings. thanks