Search found 81 matches

by LXEX55
Fri Jul 03, 2020 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Law firm as executore?
Replies: 12
Views: 846

Law firm as executore?

There exists a very real possibillity that my wife and I will not have any living relatives or friends to serve as the executore of the survivor's will. I understand that we can retain a law firm to act as the executor of the survivor's will. My question is, let's say I pass before my wife, leaving ...
by LXEX55
Thu Jul 02, 2020 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Who has long term care insurance?
Replies: 119
Views: 5979

Who has long term care insurance?

May I ask who the carrier is and any other details you would be comfortable in sharing?
by LXEX55
Sat May 30, 2020 1:37 pm
Forum: Personal Investments
Topic: Recommednations for long term fund?
Replies: 10
Views: 870

Re: Recommednations for long term fund?

Without knowing any other details, a target date fund would be starting point if you plan to save it for retirement. More details would be helpful though. Do you have debt? How are your other assets invested? This thread provides a template for asking questions: https://www.bogleheads.org/forum/vie...
by LXEX55
Sat May 30, 2020 6:56 am
Forum: Personal Investments
Topic: Recommednations for long term fund?
Replies: 10
Views: 870

Recommednations for long term fund?

My wife and I inherited about $25,000. We are in a position where we can afford to invest the money long term (ten years or more) and just forget about it and hope for the best. Can anyone recommend a Vanguard or Fidelity mutual fund that would be a good fit? Thank you for reading this.
by LXEX55
Fri May 29, 2020 4:00 pm
Forum: Personal Investments
Topic: Question about Edward Jones disapproval
Replies: 44
Views: 4615

Re: Question about Edward Jones disapproval

Please remember, when it comes to financial advice or assistance to friends, family, or co-workers, no good deed goes unpunished and the road to hell is paved with good intentions.
by LXEX55
Fri May 29, 2020 3:46 pm
Forum: Personal Investments
Topic: Should we get back into Wellsley and Wellington?
Replies: 14
Views: 1722

Re: Should we get back into Wellsley and Wellington?

There is no guarantee that 2020 and 2021 will not be a roller coaster. Given the fact that you don't seem to have th stomach for a downturn, I think the annuity idea may be a good one.
by LXEX55
Wed Jun 12, 2019 7:30 pm
Forum: Personal Investments
Topic: [Help me select a Three-Fund Portfolio for my retirement]
Replies: 10
Views: 1039

Re: The Three-Fund Portfolio

Sir, may I ask a fund specific question: Which one of Fidelity's Bond funds would best be suited for the three fund portfolio? I don't want to select the wrong one. I thank you for your time and expertise.
by LXEX55
Wed Apr 03, 2019 3:50 pm
Forum: Investing - Theory, News & General
Topic: When income stream covers all expenses in retirement
Replies: 11
Views: 1712

When income stream covers all expenses in retirement

My sister and brother-in-law (both retired) have two social securities, a few nice pensions, and one fixed annuity. These steady income streams cover all their normal monthly living expenses. They asked me what my advice was on how to invest their 401k money which they are moving to a Vanguard IRA. ...
by LXEX55
Fri Mar 15, 2019 3:05 pm
Forum: Personal Investments
Topic: [Help me select a Three-Fund Portfolio for my retirement]
Replies: 10
Views: 1039

Re: The Three-Fund Portfolio

My current 401k (Wells Fargo) offers a Stable Value fund. Would this be superior to a total bond fund in my 3 fund portfolio? My 401k plan allows me to remove some of my money (move to Vanguard) and leave some in the 401k. I am retiring end of March. Does the stable value fund pay dividends? As muc...
by LXEX55
Fri Mar 15, 2019 9:39 am
Forum: Personal Investments
Topic: [Help me select a Three-Fund Portfolio for my retirement]
Replies: 10
Views: 1039

Re: The Three-Fund Portfolio

My current 401k (Wells Fargo) offers a Stable Value fund. Would this be superior to a total bond fund in my 3 fund portfolio? My 401k plan allows me to remove some of my money (move to Vanguard) and leave some in the 401k. I am retiring end of March.
by LXEX55
Tue Feb 05, 2019 10:51 am
Forum: Personal Investments
Topic: [Help me select a Three-Fund Portfolio for my retirement]
Replies: 10
Views: 1039

[Help me select a Three-Fund Portfolio for my retirement]

[Moved into a new thread from: The Three-Fund Portfolio --admin LadyGeek] Hello Sir, if you wish, a quick yes or no answer will do. If you wish to comment, all the better. Question: I am about to retire at age 63.5. Virtually all my savings are in my 401k which I will move over to a Vanguard IRA. I...
by LXEX55
Mon Jan 21, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 206
Views: 29260

Re: Tributes to Jack Bogle

When Muhammad Ali passed, George Foreman said something to the effect of "we will not see his like again, but I can truly say, it was an honor to be in the same room as him. It is the end of one journey and the beginning of another, go in peace."
by LXEX55
Tue Jan 01, 2019 8:47 pm
Forum: Investing - Theory, News & General
Topic: Converting 401k to Vanguard IRA
Replies: 2
Views: 274

Converting 401k to Vanguard IRA

I plan on retiring end of March. My company 401k is managed by Wells Fargo. I plan on switching over to a Vanguard IRA as soon as I retire. Does anyone know if I can do that immediately upon retiring or is there a time period I must wait. I am 63 years old if that matters.
by LXEX55
Sun Dec 16, 2018 7:09 pm
Forum: Personal Investments
Topic: What is a good very safe Vanguard fund?
Replies: 17
Views: 2714

What is a good very safe Vanguard fund?

I will spare you folks the long boring details but I need a very very safe Vanguard account to park some money for about two years. Not concerned about returns, etc. just safety. Will eventually move the money at a later date. Would a money market account make sense?
by LXEX55
Fri Dec 14, 2018 10:09 am
Forum: Personal Investments
Topic: Allocation when cost of living expenses covered
Replies: 23
Views: 1604

Re: Allocation when cost of living expenses covered

Yes, I did it backwards ass, I gave my bond allocation first, stocks second. I realize now, it was phrased badly.
by LXEX55
Thu Dec 13, 2018 12:57 pm
Forum: Personal Investments
Topic: Allocation when cost of living expenses covered
Replies: 23
Views: 1604

Re: Allocation when cost of living expenses covered

Thank you all for you kind and well thought out replies. My boyhood hero, heavyweight champ Joe Louis worked for years as a "greeter" at Ceasar's Palace casino floor gladhanding the suckers. A reporter asked him what he learned over the years. Louis replied "most gamblers die broke".
by LXEX55
Thu Dec 13, 2018 10:45 am
Forum: Personal Investments
Topic: Allocation when cost of living expenses covered
Replies: 23
Views: 1604

Allocation when cost of living expenses covered

In three years, when my wife is on Medicare, and off COBRA and then private insurance, the combination of my social security, my wife’s social security, my pensions, my wife’s pension, and my monthly annuity payment will pretty much cover all my monthly cost of living expenses (barring high ticket i...
by LXEX55
Sun Dec 09, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2903
Views: 1881291

Re: The Three-Fund Portfolio

Mr. Larimore, simple question: Is there ever a bad time economically for it to be unwise for a person to enter into the three portfoliio investing philosphy? In other words, when I retire in April, should I immediately move my 401k funds over the three Vanguard funds you suggest (50%/50% at age 63.5...
by LXEX55
Mon Dec 03, 2018 10:05 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2903
Views: 1881291

Re: The Three-Fund Portfolio

This is a former Morningstar post in Taylor’s own understated words about his service to us all. I volunteered for the paratroops in 1943 at the age of 19. After training at Ft. Benning, Georgia, I sailed on the Queen Mary for England and more training near London which was being attacked by buzz-b...
by LXEX55
Sun Dec 02, 2018 7:32 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2903
Views: 1881291

Re: The Three-Fund Portfolio

My wife and I read your book and appreciate its value and wisdom. I do wish you would have discussed a drawdown strategy in retirement. May I ask do you subscribe to the standard 4% drawdown rate in retirement, or do you use a different calculation based on years left in retirement, risk tolerance a...
by LXEX55
Sun Sep 16, 2018 3:32 pm
Forum: Personal Investments
Topic: Am I "buying high" if I transfer stable value funds over to stock index fund now?
Replies: 26
Views: 2268

Re: Am I "buying high" if I transfer stable value funds over to stock index fund now?

I will be retiring between December 1 of this year and March 30th of 2019, depending on whether my wife needs a medical procedure performed or not. As of now, my entire 401k money has been moved over to a stable value fund as my employer offers some really poor mutual fund choices. Once retired, I ...
by LXEX55
Sun Sep 16, 2018 2:42 pm
Forum: Personal Investments
Topic: Am I "buying high" if I transfer stable value funds over to stock index fund now?
Replies: 26
Views: 2268

Re: Am I "buying high" if I transfer stable value funds over to stock index fund now?

What if the market rises another 15% and then there is a 10% correction? You will end buying on a dip but still pay more than if you bought today. There are have been threads on this forum at least as far back as 2015 started by people who were afraid to invest in stocks because they were convinced...
by LXEX55
Sun Sep 16, 2018 2:41 pm
Forum: Personal Investments
Topic: Am I "buying high" if I transfer stable value funds over to stock index fund now?
Replies: 26
Views: 2268

Re: Am I "buying high" if I transfer stable value funds over to stock index fund now?

Lot of concerns here. Why no international? Less worried about the move and more so the reasoning. Why do you expect a correction? We just had one did we not? How often is the market at an all-time high? No, no international. "Too many things can go wrong in too many places." If I take a beating so...
by LXEX55
Sun Sep 16, 2018 2:32 pm
Forum: Personal Investments
Topic: Am I "buying high" if I transfer stable value funds over to stock index fund now?
Replies: 26
Views: 2268

Re: Am I "buying high" if I transfer stable value funds over to stock index fund now?

What you are doing currently is called market timing and it has already cost you dearly (whatever your expenses are in your 401k). You should have always been in your 50/50 allocation if that is what your long term plan is, so there is no reason to wait any longer to make the move. I’m sure if you ...
by LXEX55
Sun Sep 16, 2018 2:12 pm
Forum: Personal Investments
Topic: Am I "buying high" if I transfer stable value funds over to stock index fund now?
Replies: 26
Views: 2268

Am I "buying high" if I transfer stable value funds over to stock index fund now?

I will be retiring between December 1 of this year and March 30th of 2019, depending on whether my wife needs a medical procedure performed or not. As of now, my entire 401k money has been moved over to a stable value fund as my employer offers some really poor mutual fund choices. Once retired, I p...
by LXEX55
Tue Sep 04, 2018 12:32 pm
Forum: Personal Investments
Topic: I want to pry my friend away from Edward Jones
Replies: 71
Views: 8519

Re: I want to pry my friend away from Edward Jones

You mean well and you have a good heart. But "the road to hell is paved with good intentions". If she wants to trust EJ, let her. Believe it or not, there are worse (my brother in law, for instance)
by LXEX55
Sat Sep 01, 2018 6:29 pm
Forum: Investing - Theory, News & General
Topic: Withdrawals to Couch Potato Portfolio During Bear Market
Replies: 5
Views: 891

Withdrawals to Couch Potato Portfolio During Bear Market

Should a retired person make their IRA cost of living drawdowns from their stock index fund or bond index fund during a bear market? What is the prevailing wisdom during this economic condition?
by LXEX55
Thu Aug 30, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2903
Views: 1881291

Re: The Three-Fund Portfolio

Hello Mr. Larimore, I originally posted this question on Mr. Bogle's Q&A, but, my wife (who knows all, you understand) told me that since it pertains to the three fund portfolio, I should have posted on your thread. Perhaps you would be kind enough to answer. As always, I appreciate your time and ex...
by LXEX55
Wed Aug 29, 2018 3:43 pm
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - ASK YOUR QUESTIONS HERE
Replies: 66
Views: 19327

Re: Q&A WITH JACK BOGLE - ASK YOUR QUESTIONS HERE

With the stock market so high, would this be a bad time for me to switch over to a two fund retirement portfolio (50% bond fund; 50% US stock fund). Would it be smarter for me to leave my 401k money in the stable value fund until I need to start drawing down on the money a year or more from now? Are...
by LXEX55
Tue Aug 21, 2018 8:15 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2903
Views: 1881291

Re: The Three-Fund Portfolio

May I ask Taylor what he thinks of this three fund portfolio when I retire next year at age 63: 50% Total Stock Market, 25% Total Bond Market, 25% Vanguard Inflation Protected Securities. Or should I just keep it simple at 50% Total Stock Market and 50% Total Bond Market. LXEX55: In my opinion, onl...
by LXEX55
Tue Aug 21, 2018 6:27 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2903
Views: 1881291

Re: The Three-Fund Portfolio

In an interview with AARP magazine, August/September 2017 issue, Mr Bogle said he, at the present time, does not include international stock funds in his portfolio ("I don't do it myself"). I too am somewhat reluctant to include them in my portfolio. May I ask Taylor what he thinks of this three fun...
by LXEX55
Fri Aug 17, 2018 9:37 am
Forum: Personal Investments
Topic: Stable Value Funds vs Bond Fund
Replies: 18
Views: 2442

Re: Stable Value Funds vs Bond Fund

It really depends. What is the yield of the stable value fund? Are there any other fees in the 401k? I kept a substantial portion of my portfolio in my former employer's plan to keep access to the stable value fund with a decent yield. If the yield was only 1.5% I would definitely take a pass and r...
by LXEX55
Fri Aug 17, 2018 8:18 am
Forum: Personal Investments
Topic: Stable Value Funds vs Bond Fund
Replies: 18
Views: 2442

Stable Value Funds vs Bond Fund

A few people have suggested (or asked me) wouldn't it be better to use the stable value fund offered through my 401k rather than a bond fund in a couch potato portfolio? In other words, two stock index funds (one international) and a stable value fund. My 401k allows me to keep some money in my 401k...
by LXEX55
Wed Jul 04, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: Morningstar article [Bogleheads' Guide to the Three-Fund Portfolio]
Replies: 24
Views: 2242

Re: Independence Day and "The Three-Fund Portfolio"

Well done, sir. I am 63 years old, will retire this December, and do not have the head nor nervous system for investing. I will probably follow your advice and move my money to a Vanguard IRA as soon as I retire and allocate the way you suggest. May I ask, do you recommend I invest 100% of my IRA mo...
by LXEX55
Tue Jun 19, 2018 12:15 pm
Forum: Personal Investments
Topic: Retirement Investing With Healthcare $$ Concerns
Replies: 10
Views: 1141

Re: Retirement Investing With Healthcare $$ Concerns

If your wife isn't working and your income is low, you might look at enrolling in an ACA plan instead of COBRA, or at least compare as an option. I empathize with your worries. I'm 10 years from Medicare and as a self-employed couple with private insurance, every single decision feels like a walk t...
by LXEX55
Tue Jun 19, 2018 8:03 am
Forum: Personal Investments
Topic: Retirement Investing With Healthcare $$ Concerns
Replies: 10
Views: 1141

Retirement Investing With Healthcare $$ Concerns

I plan on retiring this coming November at age 63 and two months. My wife will be 61 and four months old at that time. I really have no choice about retirement as my department is being outsourced to a UK firm. To be honest, I want to retire anyway, as I am totally burned out and can’t take any more...
by LXEX55
Mon Jun 18, 2018 2:56 pm
Forum: Personal Investments
Topic: How to brokered CDs differ?
Replies: 9
Views: 1133

How to brokered CDs differ?

Basic question: how do brokered CDs differ from standard ones? I am talking about CDs in my IRA account here. Thanks for your time.
by LXEX55
Fri Jun 15, 2018 9:40 am
Forum: Personal Investments
Topic: Vanguard Managed Payout Fund
Replies: 30
Views: 4343

Re: Vanguard Managed Payout Fund

But just to clarify, one final question: I can get out of this fund anytime I want, right? In other words, if I don't like the payouts or reduction in principal, I can just switch the funds to an index fund or something.....correctomundo?
by LXEX55
Thu Jun 14, 2018 8:36 pm
Forum: Personal Investments
Topic: Vanguard Managed Payout Fund
Replies: 30
Views: 4343

Re: Vanguard Managed Payout Fund

It's an actively managed balanced fund engaging in some mild-moderate market timing but generally staying on the aggressive side for what is kind of intended as a retirement inccome vehicle, typically owning something like 60% stocks. Most of what it owns is index funds, but with some tilts here an...
by LXEX55
Thu Jun 14, 2018 6:21 pm
Forum: Personal Investments
Topic: Vanguard Managed Payout Fund
Replies: 30
Views: 4343

Vanguard Managed Payout Fund

I was reading about it on their website. Does anyone have any experience with it, or strong feelings either way?
by LXEX55
Thu Jun 14, 2018 8:26 am
Forum: Personal Investments
Topic: Couch Potato Portfolio Question
Replies: 7
Views: 660

Re: Couch Potato Portfolio Question

The answer to your question requires more information. What is the timeline for this 401K money. Will you need to draw from it immediately or do you have other sources of income? If you have to draw from it now, what percentage of the total do you intend to draw each year? Some people keep a safety...
by LXEX55
Thu Jun 14, 2018 8:02 am
Forum: Personal Investments
Topic: Couch Potato Portfolio Question
Replies: 7
Views: 660

Couch Potato Portfolio Question

When I retire at the end of November I plan on moving my 401k money to a variation of the couch potato portfolio (mix of stock index fund, bond index fund). My question is, do people usually put ALL their 401k rollover money in such an account, or do they put some in a safe account such as brokered ...
by LXEX55
Mon Jun 11, 2018 1:35 pm
Forum: Personal Investments
Topic: Very Basic 401k question
Replies: 7
Views: 698

Re: Very Basic 401k question

Thanks, I think the best thing would be for me to roll the whole thing over to Vanguard when I retire. Thanks, again.
by LXEX55
Mon Jun 11, 2018 11:43 am
Forum: Personal Investments
Topic: Very Basic 401k question
Replies: 7
Views: 698

Very Basic 401k question

My 401k through my current employer is managed by Wells Fargo. I like their Stable Value funds but that is just about the only offering I like. No index funds, etc. I plan on retiring end of November. My question is this: Once I retire, can I leave some of my 401k money in the Stable Value fund (thr...
by LXEX55
Sun Jun 10, 2018 2:35 pm
Forum: Personal Investments
Topic: Credit Union CDs in my IRA
Replies: 4
Views: 519

Re: Credit Union CDs in my IRA

Thank you all for your kind answers. I should have said that I am now 62 and at the time I make these financial moves from my 401k, I will be officially retired, and no longer have an employer. Thanks again.
by LXEX55
Sun Jun 10, 2018 6:53 am
Forum: Personal Investments
Topic: Credit Union CDs in my IRA
Replies: 4
Views: 519

Credit Union CDs in my IRA

My credit union is offering pretty good CD rates (2.40 apr for 20 months). As I don't have the nervous system for much risk, I was wondering if anyone could explain very simply and briefly how a person transfers money from a 401k into a credit union IRA composed of a CD or CDs.
Thanks very much.
by LXEX55
Tue May 29, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: Stable Value Funds in Retiremen?
Replies: 7
Views: 1275

Stable Value Funds in Retiremen?

What role (if any) should Stable Value Funds play in a retired person's 401k? Some of my 401k money (managed by Wells Fargo) is in Morley Stable Value fund which has a 1.73 one year return.
by LXEX55
Sun May 20, 2018 6:15 pm
Forum: Investing - Theory, News & General
Topic: CDs in Vanguard IRA
Replies: 2
Views: 606

CDs in Vanguard IRA

If a person rolls their 401k over to Vanguard, I am told that they cannot put any of it into CDs as Vanguard does not offer that service. Is that true?
by LXEX55
Tue May 15, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Tenant/Landlord Question
Replies: 12
Views: 1418

Re: Tenent/Landlord Question

I rent my condo in Florida out to a fine tenant. She has been living there five years and we have had a great relationship. Her lease expires Nov. 1. I will be retiring this year, and therefore cannot renew her lease. Does anyone know how far in advance I am required to tell her that I will not be ...