Search found 30 matches

by victw
Wed Oct 18, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance for retirement
Replies: 15
Views: 1264

Re: Personal Finance for retirement

carguy1993 - you seem to be asking the same question as previous posts. You might want to consider your savings rate in terms of spending. 15% is a good place to start. 33% is solid. If you have not read "If You Can" by William Bernstein - it is highly recommended. The wiki also has a list of recomm...
by victw
Sat Oct 07, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Reconsidering my 401k Bond options - thoughts?
Replies: 2
Views: 178

Reconsidering my 401k Bond options - thoughts?

Hi all, My latest employers 401k options are ok. Not great. I was not enthused with by bond/fixed income options so for the last few years I have elected to make my contributions equity only into the Fidelity Contrafund(FCNTX -50%) and a combination of Fidelity 500 Index(FUSVX) and Fidelity Extended...
by victw
Thu Oct 05, 2017 5:14 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2621
Views: 836790

Re: What Book Are You Currently Reading? Part VI

Eligible - by Curtis Sittenfeld.

Interesting riff on Jane Austen's Pride and Prejudice.
by victw
Sun Oct 01, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: loosening the purse strings a bit at 37?
Replies: 30
Views: 3904

Re: loosening the purse strings a bit at 37?

After we decided to lose our purse strings, we found we are no longer financially independent, since our expenses go up. This is the thing I always wonder about with these threads - if your expenses go up doesn't your pot of money need to go up also? This is why I think KlangFool's 1/3,1/3,1/3 make...
by victw
Tue Sep 19, 2017 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Military: Investing a Windfall in Expensive Market?
Replies: 16
Views: 2040

Re: Military: Investing a Windfall in Expensive Market?

I never get the all or nothing thing with these questions. I always interpret as one of 2 things. Troll or behavioral economics issue. Anyways - why not double the car payment and invest the rest??? I do hear you about the market feeling crazy. Personally I'm skimming off the top and increasing my F...
by victw
Mon Sep 11, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: What do you do in slow travels?
Replies: 55
Views: 4344

Re: What do you do in slow travels?

People are talking about slow travels in retirement, i.e., to spend a week or a month in a place in another country. I just don't know what people do in a foreign city (not speaking the local language) after they finish seeing museums, castles, churches, ruins, etc. I was in Siem Reap of Cambodia t...
by victw
Thu Sep 07, 2017 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Variable Percentage Withdrawal -> Before retirement Age
Replies: 35
Views: 3440

Re: Variable Percentage Withdrawal -> Before retirement Age

I think the intent here would be to use the CDs for a basic constant withdrawal, and the VPW on the remaining portfolio. It seems to me that in the example indicated, you would use $900K and age 57 for the initial withdrawal. Then adjust each year based on the new portfolio balance (still ignoring ...
by victw
Tue Sep 05, 2017 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: One Year Later: Hmm...how would you tweak this portfolio? Can I consider early retirement?
Replies: 35
Views: 5103

Re: One Year Later: Hmm...how would you tweak this portfolio? Can I consider early retirement?

Annual expenses are $38,000 per year. If we retire and lose the health insurance we currently have from employment, expenses will rise to $50,000 per year. Are you relying on ACA? Have you checked priced at different age levels - particularly 60-65. We are expecting to FIRE in our early 50s and I'm...
by victw
Sat Sep 02, 2017 11:51 am
Forum: Personal Consumer Issues
Topic: Is Memrise Pro worth it - using Memrise for language learning
Replies: 1
Views: 308

Is Memrise Pro worth it - using Memrise for language learning

I'm wondering if anyone has experience with Memrise pro for language learning. We (SO & I) are working on teaching ourselves European Portuguese. I've used AnkiWeb in the past but I'm liking Memrise for the community features. It gives a competitive edge to the experience that is helping keep me eng...
by victw
Thu Aug 24, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Retirement anxiety- emotionally and financially
Replies: 55
Views: 6812

Re: Retirement anxiety- emotionally and financially

Does not the 55 Rule apply here..........at least until he/she turns 55? If so, that means an additional 10% penalty for the first couple of years. Not that it's a bit deal but if it applies, you need to plan that into your tax rate. More wiki to the rescue https://www.bogleheads.org/wiki/Substanti...
by victw
Wed Aug 23, 2017 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement anxiety- emotionally and financially
Replies: 55
Views: 6812

Re: Retirement anxiety- emotionally and financially

Welcome, Icecakes. This is a huge, life-altering question, so your anxiety is normal. The biggest financial question is probably pinning down your expenses. We anticipate our annual expenses to be $100k and eat out a ton. Is this an estimate of only your normal, recurring living expenses? Does it i...
by victw
Fri Aug 18, 2017 11:37 pm
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 82
Views: 5901

Re: Home Page Updated

What happened to a search of posts by the topic starter and the latest responder. Users are not highlighted and it does not look like there is a link on the user name.

Is this gone? In progress?

Thanks for the hard work - this is a fantastic site.

Vic
by victw
Wed Aug 16, 2017 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Due to 8 Year Bull Market, Pay Off Rental Now?
Replies: 35
Views: 3876

Re: Due to 8 Year Bull Market, Pay Off Rental Now?

These questions always perplex me - "all or nothing" seems to be the theme. Why not split the difference? And/or look at methods value averaging or 3% signal. When the market is up 10% for the past year. Put the money in the mortgage. When it's down put it in the market. Repeat every month. At least...
by victw
Mon Aug 07, 2017 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: How do you deal with financial anxiety?
Replies: 40
Views: 3151

Re: How do you deal with financial anxiety?

I set it up so that I have other more important things to worry about, so I never have any anxiety about money. Another tip is to read and understand at least 3 books on behavioral economics/finance. I think they will help one not worry about losing money or even better, to enjoy losing money. @Liv...
by victw
Sun Aug 06, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Deciding between retirement and general savings in my 20s
Replies: 28
Views: 2998

Re: Deciding between retirement and general savings in my 20s

Fredfig, Congrats on the solid start. I suggest you read If You Can by Bernstein http://efficientfrontier.com/ef/0adhoc/2books.htm Look particularly at the book recommendations and the Zweig recommendation. You might also consider delving into Behavioral Economics. You know you can save but you what...
by victw
Sun Jul 31, 2016 12:51 pm
Forum: Personal Consumer Issues
Topic: Fiat 124 - good/bad/indifferent ??
Replies: 12
Views: 1370

Re: Fiat 124 - good/bad/indifferent ??

Bought my 2016 MX-5 Launch Edition just about a year ago.

It also was my mid-life crisis car. I didn't need it. But I did need a new car. First non-practical car I've owned. Luv it.

Vic
by victw
Sun Jul 31, 2016 9:39 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3019
Views: 885149

Re: What Movie Have You Recently Watched?

Captain Fantastic.
by victw
Mon May 16, 2016 12:20 am
Forum: Investing - Help with Personal Investments
Topic: How to prepare base for Early Retirement 3-5 years out?
Replies: 15
Views: 3143

Re: How to prepare base for Early Retirement 3-5 years out?

I have a threshold for my portfolio, I will delay SS past 66.5 as long as my portfolio balance exceeds my threshold amount. I am married and I would like to leave a larger SS benefit for my wife (who actuarially should outlive me). David - I've been thinking more along the lines of BahamaMan's resp...
by victw
Sat May 07, 2016 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: How to prepare base for Early Retirement 3-5 years out?
Replies: 15
Views: 3143

How to prepare base for Early Retirement 3-5 years out?

Hi all, Calculations have us 3-5 years from early retirement. Lots of unknowns - keeping our jobs - market not taking a dive. What I'm trying to wrap my head around is how to handle the withdrawal. I've read about VPW, LMP even a little about LDI and while interesting in theory I'm not sure what it ...
by victw
Wed May 04, 2016 11:35 pm
Forum: Investing - Theory, News & General
Topic: I Bond rates for May 1 announced
Replies: 69
Views: 12955

Re: What am I missing?

Looking for some education. Why do so may smart people on this thread think it is worthwhile to invest in I Bonds over a 5 year CD at this time? The current 5 year CD rates are definitely higher yielding- 2%- 2.25%, and these CDs can be broken (early withdrawal) at 6 months loss-of-interest in case...
by victw
Mon May 02, 2016 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Giving our child a "student loan" vs them taking an Unsubsidized Stafford loan
Replies: 44
Views: 4502

Re: Giving our child a "student loan" vs them taking an Unsubsidized Stafford loan

So my daughter is finishing up her senior year at high school and will be attending college in the fall. For various reasons, we want her to have some skin in the game, and she's completely on board with it. Because of our dual-income high salaries, the only financial aid she's eligible for are Uns...
by victw
Wed Apr 27, 2016 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Replace taxes withheld on IRA Rollover Stock dividend?
Replies: 2
Views: 285

Re: Replace taxes withheld on IRA Rollover Stock dividend?

Why wouldn't there be a 1099? Are they limited by a minimum amount. Even though I deposited the dividend minus the taxes into the Rollover IRA - Wouldn't the taxes still count as a distribution? Hmm - I wonder if I should call computershare? Not sure what to ask? Can they tell me what they would rep...
by victw
Tue Apr 26, 2016 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Replace taxes withheld on IRA Rollover Stock dividend?
Replies: 2
Views: 285

Replace taxes withheld on IRA Rollover Stock dividend?

Hi all, I processed a 401k rollover to a Fidelity rollover IRA this year. It included some stock that instead of selling I moved. Except it didn't move directly. The stock went to computer share. Before I took the necessary steps to move it from computershare to Fidelity a dividend was issued and co...
by victw
Mon Apr 18, 2016 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: How to suggest an increase in the 401k match?
Replies: 9
Views: 1455

Re: How to suggest an increase in the 401k match?

Thanks All. I'm glad I posted because their was a lot of food for thought in these responses. I've been thinking about asking for a raise. In all my employed years I have never done so. I realized that I have a little bit of a psychological thing going. IMO the group is overstaffed - by double. I th...
by victw
Sun Apr 17, 2016 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: How to suggest an increase in the 401k match?
Replies: 9
Views: 1455

How to suggest an increase in the 401k match?

In a recent "town hall" style meeting at work someone asked about an increase/change in benefits. It was suggested that all questions be addressed to HR. I'd like to suggest to the company that they increase the 401k match. They have a 59 score on Brightscope. The positive is they have low...
by victw
Mon Apr 11, 2016 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring part of emergency fund into Roth IRA
Replies: 17
Views: 2077

Re: Transferring part of emergency fund into Roth IRA

I hate to ask you, but does this clear things up? -> m livesoft - Not the OP - but instead of a straight into a Roth I'm thinking of using after tax 401k that can be rolled over to a Roth for the same purpose. Sock the E Fund in it to capture the space. What puzzles me when I read this is - what ki...
by victw
Mon Apr 11, 2016 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: What next? Cash or retirement?
Replies: 13
Views: 2253

Re: What next? Cash or retirement?

We reduced our 401k contributions last year significantly, and this year I just stopped them completely to further increase our house fund (which is kept at Barclays). I will be retiring at age 48, DW 41, so still 10+ years from being able to hit that 401k, which is another reason why we are funnel...
by victw
Sun Apr 10, 2016 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: The 'cost' of retiring early. what's wrong with my math?
Replies: 36
Views: 7032

Re: The 'cost' of retiring early. what's wrong with my math?

If you think in terms of SWR and total portfolio then the number is large. I've been thinking of it in terms of buckets. Assume social security will cover 2/3 of expenses at 70 years. Lets assume expenses are 90k. Figure a SWR rate on 3%. Right now it would take 1M to cover the difference. What need...
by victw
Tue Apr 05, 2016 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: 50/ can I cross the finish line?
Replies: 51
Views: 8150

Re: 50/ can I cross the finish line?

For those of you that say the OP has enough now - I don't understand how that's true? SWR of 3% of 1.9m gives him maybe 60K. That's 30 short of what OP says is needed. Even if you assume SS of 60k at 70. The OP needs 30k to make the 90. That's easy with 1 million. If you take the 1 million and put i...
by victw
Sat Mar 19, 2016 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: [Am I] Missing a beat on Asset Allocation?
Replies: 7
Views: 1303

[Am I] Missing a beat on Asset Allocation?

Emergency funds: 6m Debt: 0 in debt - rent - don't own Tax Filing Status: Single Tax Rate: 18% Federal, 6.5% State State of Residence: CA Age: 45 - Planning on ER - Desired Asset allocation: 80% stocks / 20% bonds Desired International allocation: ?% of stocks I just hit a milestone - if I never con...