Search found 140 matches

by victw
Tue Nov 12, 2019 1:57 pm
Forum: Personal Investments
Topic: 4 % Rule
Replies: 13
Views: 1165

Re: 4 % Rule

OP, Have you read through the wiki? There is also a Bogleheads book on Retiring. And Jane Bryant Quinn has a book "Making Your Money Last in Retirement." Seems like you are in the educational phase - based on previous questions. I recommend the reading - so that you can ask more specific questions. ...
by victw
Thu Nov 07, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: USAA has lost its way.
Replies: 6
Views: 1048

Re: USAA has lost its way.

We received the same questions from Chase opening a checking account a few years ago.

Vic
by victw
Thu Nov 07, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Sell equities to pay down mortgage
Replies: 22
Views: 1904

Re: Sell equities to pay down mortgage

Triple digit golfer wrote:
Thu Nov 07, 2019 1:55 pm
[

Also, the idea of selling equities to pay down the mortgage seems a bit like market timing to me. If the S&P 500 was at 2,000, I wouldn't even be considering selling equities.
Is it market timing or a form of rebalancing?

Vic
by victw
Thu Nov 07, 2019 10:58 am
Forum: Personal Investments
Topic: Mega Backdoor - Conflicting Feedback
Replies: 11
Views: 708

Re: Mega Backdoor - Conflicting Feedback

+++ On getting a copy of the plan doc summary and reading it. I can make unlimited conversions but my husband loses his match for a quarter if he makes any conversions. You should also clarify the process with Fidelity and your HR. I initiate the rollover with Fidelity. Download paperwork. Sign it. ...
by victw
Mon Nov 04, 2019 5:27 pm
Forum: Personal Consumer Issues
Topic: Meetup.com group platform: free or less-expensive alternative? (ORLANDO area & beyond)
Replies: 5
Views: 474

Re: Meetup.com group platform: free or less-expensive alternative? (ORLANDO area & beyond)

I think your biggest challenge would be in getting the word out. Meetup is effective in that area. With Sierra Club hikes we are now using meetup to get the word out to people that would not here it otherwise. I wonder if you could find a "sponsor" to pay the fee. Maybe someone in the travel industr...
by victw
Fri Nov 01, 2019 3:06 pm
Forum: Personal Investments
Topic: Roth IRA question
Replies: 15
Views: 999

Re: Roth IRA question

My plan is to invest $500 a month ($6k/year) from this point forward while I put the rest of my money towards my student loans. My question is should I leave it in a Vanguard Target Retirement 2060 Fund or move it into another fund? Thanks in advance! Investing wise what has changed since you start...
by victw
Fri Nov 01, 2019 12:03 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1879
Views: 195650

Re: U.S. stocks continue to soar!

Running inflation higher than interest rates is one of the ways to reduce debt by stealing wealth. I am pretty sure that US treasury holders will not be impressed with 3% inflation and rate cut. Result will be price of gold up, treasury dump, and flight out of US dollar. If FED raise rates, which t...
by victw
Thu Oct 31, 2019 3:20 pm
Forum: Personal Investments
Topic: Take Dividend Income From IRAs At 59.5?
Replies: 18
Views: 1280

Re: Take Dividend Income From IRAs At 59.5?

You might be in a position to do conversion from IRAs/401ks to Roth. Take a look at RPM - Retiriement Portfolio Model in the wiki.

Vic
by victw
Tue Oct 22, 2019 11:10 pm
Forum: Personal Investments
Topic: Big changes coming...how to efficiently shoot for "early retirement"?
Replies: 18
Views: 2906

Re: Big changes coming...how to efficiently shoot for "early retirement"?

You don't say what your spend rate is. I think you want to think about savings rates. More is better. It might be tempting to spend some of that money.

Vic
by victw
Tue Oct 22, 2019 4:16 pm
Forum: Personal Investments
Topic: Portfolio gut check for early retirement
Replies: 8
Views: 850

Re: Portfolio gut check for early retirement

SS? Verify the numbers are with no income going forward. You might need to use the anypia calculator to get accurate numbers. Health insurance? How about part-time? Your portfolio will generate about half your expenses. You would only need to cover the other half. My sense is that you are close - bu...
by victw
Tue Oct 22, 2019 2:07 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1082
Views: 119644

Re: What frugal thing did you do today?

Right now the ARCO (a brand famous for being cash only) in my neighborhood has premium at $4.33 while the Shell across the street has it priced at $4.49. The Shell with Costco Visa wins by two cents per gallon, nothing to get excited about. ARCO vs. Shell. That debate consumes my waking hours. I ca...
by victw
Mon Oct 21, 2019 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Retirement income streams
Replies: 10
Views: 2305

Re: Retirement income streams

See RPM in the wiki. Retirement Portfolio Model.
by victw
Fri Oct 18, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: I bought a STOLEN vehicle!!!
Replies: 106
Views: 15167

Re: I bought a STOLEN vehicle!!!

Are you sure the car wasn't stolen from you??? Are you proposing that someone impersonated CHP officials to steal a used Altima worth $13k? That's funny or possibly sad. Cheers Yes, why not? It's more profitable and less violent than stealing the cash from someone's wallet. The story sounded odd. A...
by victw
Fri Oct 11, 2019 2:08 pm
Forum: Personal Investments
Topic: How to Use Withdrawn Money
Replies: 10
Views: 945

Re: How to Use Withdrawn Money

Do you have jobs with 401ks? Could you increase your contributions and/or put money in after tax while living off the money you withdrew?

I can't wait to hear the more creative answers.

And welcome to the forum.

Vic
by victw
Mon Oct 07, 2019 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: 529 savings?
Replies: 19
Views: 2604

Re: 529 savings?

TarHeel,

Congrats on the great progress. I looked at a couple of your other posts. Do you have adequate disability insurance? Term life insurance?

It looks like you are doing a great job of saving and providing for your family.

Vic
by victw
Fri Oct 04, 2019 4:16 pm
Forum: Investing - Theory, News & General
Topic: Plz share what you did to minimize retirement taxes
Replies: 32
Views: 4001

Re: Plz share what you did to minimize retirement taxes

Have you looked at RPM. https://www.bogleheads.org/wiki/Retiree_Portfolio_Model
I found it overwhelming the first time. I tried again a few months ago and was able to get further. We are trying to balance Roth conversions and stay under ACA window.

Vic
by victw
Tue Oct 01, 2019 12:47 pm
Forum: Personal Investments
Topic: Small pension options - how to understand.
Replies: 14
Views: 1095

Re: Small pension options - how to understand.

They have a history of trying to buy out pensions. First offer was $11k, second offer was $21k. I'm waiting for an offer above $40k Tivattom - I thought this might be a possibility also. I do not have details - but regarding other questions. There is a survivorship option - but I don't have details...
by victw
Mon Sep 30, 2019 11:03 pm
Forum: Personal Investments
Topic: Small pension options - how to understand.
Replies: 14
Views: 1095

Small pension options - how to understand.

Hi all, I received notification that a former employer (current owner) is offering a lump sum of a pension that I did not even realize I was entitled to. I have 4 options. I'm not sure how to do the math on the options. Option 1. Lump Sum rolled over into an IRA. $ 16,823.59 Option 2. Lump Sum cash ...
by victw
Tue Sep 24, 2019 1:49 pm
Forum: Personal Consumer Issues
Topic: DFW to Tasmania - 15 hour time change
Replies: 51
Views: 3084

Re: DFW to Tasmania - 15 hour time change

There are calculators on-line that help you adjust to your target time zone. I usually find it easier to go from the Central time to Pacific. That's heading west. But I'm not sure that extrapolates to crossing the Pacific. If you find a method that works better than your previous - update us. Vic
by victw
Tue Sep 24, 2019 12:02 pm
Forum: Investing - Theory, News & General
Topic: What is the highest "safe" withdrawal rate for a 15 year period?
Replies: 44
Views: 3621

Re: What is the highest "safe" withdrawal rate for a 15 year period?

I think you are grossly underestimating health insurance costs. Even with ACA you will likely see them increase as you get older. Have your priced it out at 55,59,64?

We are planning for ER in our mid 50's. Healthcare will easily be 12% of our annual budget. Likely more.

Vic
by victw
Thu Sep 19, 2019 11:26 am
Forum: Personal Investments
Topic: Verge of Retiring, Portfolio Analysis Help
Replies: 46
Views: 4494

Re: Verge of Retiring, Portfolio Analysis Help

Added: annual expenses in retirement should be around $80k, including health insurance and income taxes Thanks a million!! How confident are you with this number? What method did you use? And what about lumpy expenses? New cars. Big trips. House maintenance. Personally - I have found it surprisingl...
by victw
Sun Sep 15, 2019 8:33 pm
Forum: Personal Investments
Topic: Target of 25x with delayed "income"?
Replies: 23
Views: 2016

Re: Target of 25x with delayed "income"?

You might look at Ken Steiners PMT.
Siamond also has a version of PMT.

Vic
by victw
Fri Sep 13, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Using automatic rebalance feature in Fidelity 401K: Optimal Frequency
Replies: 11
Views: 775

Re: Using automatic rebalance feature in Fidelity 401K: Optimal Frequency

aednichols wrote:
Thu Sep 12, 2019 10:04 pm
I have a Fidelity 401k also and set an email alert to notify me if my portfolio is more than 5% off.

This appeals to me because it neither requires me to monitor it myself, nor prescribes a specific, possibly too frequent rebalancing interval.
This. Not sure why it's not discussed more.

Vic
by victw
Wed Sep 11, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Yet Another Housing Sanity Check
Replies: 7
Views: 1294

Re: Yet Another Housing Sanity Check

I'm kind of wary of taking into account the full 400K. My wife's income is very cyclical and variable, going from 100K down to 50K. FANG jobs are also paid in stock so I'm thinking what happens in a recession? Am I being too conservative? I'm in tech - non FANG. Could you get a non FANG job that pa...
by victw
Mon Sep 02, 2019 10:00 pm
Forum: Personal Consumer Issues
Topic: Not gaining weight on vacation?
Replies: 115
Views: 5842

Re: Not gaining weight on vacation?

I struggle with this too, and my pattern is the same. I think the cause, at least in my case, is a scarcity mentality. The hotel and airport lounge buffets just offer up so much and subconsciously I must be thinking that I should eat now because I may not get another chance. The reality though is t...
by victw
Mon Sep 02, 2019 9:41 am
Forum: Personal Consumer Issues
Topic: Not gaining weight on vacation?
Replies: 115
Views: 5842

Re: Not gaining weight on vacation?

Kennedy wrote:
Sun Sep 01, 2019 10:08 pm

I have an upcoming ten day trip to Japan and want to avoid gaining weight this time.
Japan. They weigh less than Americans?
Eat like the locals. This would be a great time to observe the differences in eating.

Vic
by victw
Sat Aug 31, 2019 1:54 pm
Forum: Personal Investments
Topic: Make my investments as "safe" as possible. Retiring 12/31/2019
Replies: 20
Views: 3242

Re: Make my investments as "safe" as possible. Retiring 12/31/2019

Wow - your portfolio grew from 400k to almost 2 mil - with a divorce in the mean time. You've asked this question about protecting the portfolio before - what has changed. You are projecting a fairly low withdrawal rate - I'm not sure you need to worry about the portfolio much with that low a return...
by victw
Sat Aug 31, 2019 1:34 pm
Forum: Personal Consumer Issues
Topic: Improving soft skills
Replies: 35
Views: 3388

Re: Improving soft skills

It’s informal one-on-one and small group conversations that are much trickier for me because they involve thinking on one’e feet In other words, it’s the immediacy and real-time adaptability requirements of informal conversations that I find difficult. My brain just isn’t wired for quick wit and fl...
by victw
Thu Aug 29, 2019 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: While there is a high school question - my daughter wants to graduate early
Replies: 76
Views: 3833

Re: While there is a high school question - my daughter wants to graduate early

You learn nearly nothing senior year? What? That's where we are. Senior year in our state is a joke. She's far from the only student that has the credits to do this. Senior year for typical students at my daughter's high school looks like this. 12th grade English Government/Economics A BS class Lun...
by victw
Sun Aug 25, 2019 10:50 am
Forum: Investing - Theory, News & General
Topic: Interview Of Larry Swedroe Centered On His New Retirement Book
Replies: 10
Views: 2174

Re: Interview Of Larry Swedroe Centered On His New Retirement Book

I enjoyed the interview. In the interview Larry mentioned a set-up for couples where they could agree to be tested for mental competence and removed from access to accounts if they are not able. Does anyone know what this is called? Where I might find more information. I've heard family of family st...
by victw
Tue Aug 20, 2019 3:32 pm
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 470
Views: 117678

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

How does Prime or Alternate Prime work when you run out of Bonds, as in a long period (number of years) where your equities doen't ever get to 20% over target (inflation adjusted)? What is the target for balancing back in to Bonds? Leif's response is correct. The point is to NOT sell equities if th...
by victw
Sun Aug 18, 2019 11:25 am
Forum: Personal Consumer Issues
Topic: How to read (and retain)?
Replies: 92
Views: 5868

Re: How to read (and retain)?

Dear Bogleheads, 1. How to effectively retain what one reads? I learn best when I write things down but that is too time consuming. Do you have a learning technique/pattern that works for you? 2. How do you decide what book to buy in hard copy, what to buy on Kindle, and what to borrow from the lib...
by victw
Fri Aug 16, 2019 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Financial planning tools - MaxiFi, Fire Calc, etc?
Replies: 33
Views: 2608

Re: Financial planning tools - MaxiFi, Fire Calc, etc?

OP, I think the Excel tool written by BigFoot, Retiree Portfolio Model and Longvest VPW are excellent tools to get you started, WoodSpinner +1 RPM is somewhat overwhelming at first. But WOW. What a resource. We will be using it in combination with i-ORP to help nail down Roth conversions. We will a...
by victw
Thu Aug 15, 2019 2:57 pm
Forum: Personal Consumer Issues
Topic: Brown Bag Lunch Ideas
Replies: 70
Views: 4810

Re: Brown Bag Lunch Ideas

Hello, After reading with great interest the "Breakfast Menu After Retirement" thread (link below), I wonder if the folks in this forum have any "brown bag" lunch ideas? I've been eating either deli turkey sandwiches or chicken salad sandwiches for well over 20+ years of my career. I don't feel eit...
by victw
Wed Aug 14, 2019 12:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2124128

Re: U.S. stocks in free fall

I know market timing is stupid, but I've been at my 1st job now for 1.5 years and it's felt like my portfolio has been spinning the wheels with the rest of the market. I've got a 401(k) and Roth with about even funds 85/15. Does anyone here think I need to move out of stocks until the big drop happ...
by victw
Sun Aug 11, 2019 4:51 pm
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 10869

Re: Healthy fast food

by victw
Sat Aug 10, 2019 6:48 pm
Forum: Personal Consumer Issues
Topic: Trail running shoes for light hiking
Replies: 48
Views: 3451

Re: Trail running shoes for light hiking

I am wearing the on-running trail midtop. But it looks like they have discontinued it. https://www.on-running.com +1 On LiveSofts comments. Skip the waterproofing. I bring extra socks. And swap socks if necessary. Did a backpack with 30+ stream crossings this spring. Waterproof would not have worked...
by victw
Fri Aug 09, 2019 2:59 pm
Forum: Personal Consumer Issues
Topic: Breakfast Menu After Retirement
Replies: 73
Views: 10198

Re: Breakfast Menu After Retirement

I'm not retired yet. But I look forward to changing my breakfast. Right now it's oat burgers with cut veggies. Generally carrots. Sometimes jicama and cucumbers.

When retired I will go back to having my mid-morning salad. I'm only allowed to eat finger foods at my desk at work :(

Vic
by victw
Fri Aug 09, 2019 12:08 pm
Forum: Personal Investments
Topic: RPM adjustments for longer time horizon?
Replies: 3
Views: 343

Re: RPM adjustments for longer time horizon?

The difference between a 40 year vs. 50 year analysis is unlikely to outweigh the error band around assumed investment returns, inflation, life expectancy, etc. Thanks FiveK this was my feeling also. Now I have to figure out how much returns can make a difference. I suppose I can do this my running...
by victw
Thu Aug 08, 2019 10:35 pm
Forum: Personal Investments
Topic: RPM adjustments for longer time horizon?
Replies: 3
Views: 343

RPM adjustments for longer time horizon?

Hi all, We are 55 and 50. And expect to retire within the next 2 years. Best case scenario is next spring. We are trying to use RPM to model for Roth conversions and determine whether we can stay under the subsidy cliff for ACA. RPM only models for 40 years. We would be more comfortable modeling to ...
by victw
Tue Aug 06, 2019 1:22 pm
Forum: Personal Consumer Issues
Topic: Advice on short Vietnam visit
Replies: 30
Views: 2393

Re: Advice on short Vietnam visit

In 2005 we were in Vietnam. We had a ball in Dalat. My remembrance of Vietnam is that the weather is different in the North and the South and that is it probably a mistake to try to do too much of the country in one visit. We loved the vibe. Would go back in a heartbeat. But with 4-5 days - you will...
by victw
Mon Aug 05, 2019 10:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2124128

Re: U.S. stocks in free fall

After listening to a recent podcast with Robert Merton. I'm trying to think in terms of income lost. So far in the past week it's only a couple of grand. Makes it feel a little more palatable. On the other hand every percent we lose in the market means about another month of work for us. That's less...
by victw
Wed Jul 17, 2019 3:51 pm
Forum: Personal Investments
Topic: asset allocation anxiety
Replies: 29
Views: 2451

Re: asset allocation anxiety

As of now, I am 40% stock (mutual funds), 40% bond funds and CDs, and 20% cash (I will buy a few CDs). This allocation is making me crazy. I feel like I am missing out on all sorts of returns, even at these inflated prices. Please explain to me the benefits of caution around retirement (and in old ...
by victw
Wed Jul 17, 2019 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Rant - 401k contribution mysteriously dropped
Replies: 10
Views: 1300

Rant - 401k contribution mysteriously dropped

I can only contribute a max of 20% to my 401k. This year I'm eligible for catch up contributions. So I asked HR to do 15% for pre-tax and 15% for catch-up contribution. I am also allowed to do after-tax contributions up to 100%. I did some after tax at the beginning of the year before the catch-up c...
by victw
Sat Jun 29, 2019 3:40 pm
Forum: Personal Investments
Topic: Establishing Buffer Assets (Bucket 2)
Replies: 6
Views: 586

Re: Establishing Buffer Assets (Bucket 2)

GeoMetry, While I understand the idea of the buffer or bridge to social security. I'm not sure it has to mean that you take a tax hit on your hit on taxable accounts. Does this article help? https://www.bogleheads.org/wiki/Placing_cash_needs_in_a_tax-advantaged_account I'm not understanding your por...
by victw
Thu Jun 27, 2019 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Taking the Foot off the Gas Pedal
Replies: 20
Views: 3422

Re: Taking the Foot off the Gas Pedal

What is your spending now? What's the number in relation to what you spend?

If you save less you spend more. Generally means more years working.

Our number is based on our spending. Unless we hit an age limit we have in mind. And then we will base spending on what we have at that age limit.

Vic
by victw
Wed Jun 26, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: World Cruise anyone ??
Replies: 20
Views: 2352

Re: World Cruise anyone ??

I've always been interested. But have only done one 10 day cruise. The downside of limited time in ports/regions makes me wonder if I would enjoy a round the world. I have the idea of string together a series of cruises/land visit combinations. So we could stay longer in the areas we are most intere...
by victw
Sun Jun 23, 2019 7:24 pm
Forum: Personal Investments
Topic: Worried about the future/not saving enough
Replies: 39
Views: 5341

Re: Worried about the future/not saving enough

I'm a fan of YNAB. If nothing else - try it for 60 days and listen to their educational videos.
Seems like you have a little bit of a spending problem.

Vic
by victw
Sun Jun 23, 2019 6:23 pm
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 470
Views: 117678

Re: New Book: Living off Your Money (Michael McClung)

+1 I calculate my withdrawal numbers every year by both McClung's EM and longinvest's VPW methods. Find them to be pretty close and both guide what I end up actually withdrawing. Fortunately, Mr. Market has been kind since my retirement, and I haven't had to experience a lower annual withdrawal due...