Search found 303 matches

by cockersx3
Wed Nov 18, 2020 3:21 pm
Forum: Investing - Theory, News & General
Topic: Withdrawal rate for an early retirement
Replies: 252
Views: 13683

Re: Withdrawal rate for an early retirement

For those questioning ERN's safe withdrawal rate chart because it leaves $0 at the end, ERN wrote a post that covers this exact use case. The article contains a chart with SWR's for various percentages of assets left at the end of the simulation period. (I'd copy that table right into this post if I...
by cockersx3
Thu Nov 12, 2020 6:37 pm
Forum: Personal Consumer Issues
Topic: Is Google Hangouts reliable replacement for voice phone calling?
Replies: 34
Views: 6351

Re: Is Google Hangouts reliable replacement for voice phone calling?

My wife used Google Voice when teaching from home during the pandemic. She wanted a way for parents to reach her, but did not want to share our personal number with the public (there are some weird people out there). So, we found an old Android handset and set it up with Google Voice over our home W...
by cockersx3
Thu Nov 12, 2020 6:33 pm
Forum: Personal Consumer Issues
Topic: Need SAT prep suggestion
Replies: 36
Views: 1852

Re: Need SAT prep suggestion

Remember that you're not the first person who has needed this service. Ask your neighbors or your kids' friends' parents for references. If you are part of a neighborhood Facebook group, that's also a good place to look for references. We used this and found great 1:1 tutors for math and English por...
by cockersx3
Sun Nov 08, 2020 8:58 pm
Forum: Personal Investments
Topic: Can I retire at 49
Replies: 192
Views: 17239

Re: Can I retire at 49

Am targeting a 6% SWR from portfolio of $1.5 million What's the timeline? As others have noted, 6% WR seems rather high, especially at 49, when the general guidance for that early is closer to 3 - 3.5% (well below 4%, which isn't as safe for early retirement). However, if I followed your post, it s...
by cockersx3
Sun Nov 08, 2020 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: What is the best 2% cash back credit card which is NOT the Citi Double Cash?
Replies: 49
Views: 4429

Re: What is the best 2% cash back credit card which is NOT the Citi Double Cash?

Take a look at the Visa Signature card from Alliant Credit Union. Cash back of 2.5% on everything. There is a $99 annual fee which quickly pays for itself, but even the annual fee is waived for the first year. I have it and like it.
by cockersx3
Sun Nov 08, 2020 3:06 pm
Forum: Personal Consumer Issues
Topic: Recommend a laptop for my 8 yo
Replies: 12
Views: 663

Re: Recommend a laptop for my 8 yo

Will your son need (or want) to use it at school? If so, a Chromebook would be my first option. The batteries on these things easily last all day, which is important at school since the kids will likely not have the opportunity to charge it. Also, an elementary of middle school is a tough environmen...
by cockersx3
Sat Nov 07, 2020 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Potentially unexpectedly high college expenses
Replies: 77
Views: 4889

Re: Potentially unexpectedly high college expenses

We are going through this now with our daughter. She has been told since her freshman year of HS that we will pay a max of $25K/yr for a max of 4 years, with what I would consider to be reasonable strings attached (ie min GPA requirement in HS and in college, major that is reasonably likely to lead ...
by cockersx3
Sun Oct 25, 2020 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: College Merit Aid Question...
Replies: 43
Views: 2705

Re: College Merit Aid Question...

Thanks for posting - we are going through this now with our DD with similar stats. Like the OP we do not qualify for need-based aid. She applied to several out-of-state schools with rolling admission and advertised automatic merit (Alabama, WVU, Arizona, etc) and has been accepted. In most cases the...
by cockersx3
Tue Oct 13, 2020 4:22 pm
Forum: Personal Investments
Topic: New member - 47 Year Old with 2mil to Invest. Suggestions?
Replies: 24
Views: 2846

Re: New member - 47 Year Old with 2mil to Invest. Suggestions?

Thank you so much to everyone who's replied! I will go over all the websites/articles/books and see which best apply to my current situation before making any major changes. This has been an inheritance. I plan to keep working until 60 or so, as I enjoy my job, and unless the world falls apart (not...
by cockersx3
Sun Oct 04, 2020 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Financial aspects from death in family - help needed!
Replies: 5
Views: 1185

Financial aspects from death in family - help needed!

Hello fellow Bogleheads! We have close, longtime friends of our family that have reached out to us for financial advice. I’d like to get this groups’ feedback to help us help them. The family consists of two parents and two teenage sons. Sadly, one of the parents passed away very recently from a lon...
by cockersx3
Sat Sep 12, 2020 3:52 pm
Forum: Personal Consumer Issues
Topic: Shopping for college
Replies: 77
Views: 4648

Re: Shopping for college

Some good info above. We live out west and can go to WUE schools and pay in-state + 50%. That's about 8 western states and about 100 4 year schools. I noticed many other state universities have similar programs for neighboring states. So look around as that increases your pool of schools if you wan...
by cockersx3
Sat Sep 12, 2020 3:41 pm
Forum: Personal Consumer Issues
Topic: Strategy for replacing faucet/toilet water shutoff valves?
Replies: 38
Views: 3107

Re: Strategy for replacing faucet/toilet water shutoff valves?

No need to remove or replace the whole valve. The stems & packing on these valves are designed to be replaced. Here's a link to the packing replacement kit at Home Depot (they are available at other vendors too, but this is the first one I thought of): https://www.homedepot.com/p/BrassCraft-Mult...
by cockersx3
Tue Sep 01, 2020 7:18 pm
Forum: Personal Consumer Issues
Topic: Shopping for college
Replies: 77
Views: 4648

Re: Shopping for college

Some good info above. We live out west and can go to WUE schools and pay in-state + 50%. That's about 8 western states and about 100 4 year schools. I noticed many other state universities have similar programs for neighboring states. So look around as that increases your pool of schools if you wan...
by cockersx3
Sat Aug 22, 2020 3:15 pm
Forum: Personal Investments
Topic: Need help ditching 403b & inheritance
Replies: 14
Views: 1097

Re: Need help ditching 403b & inheritance

In general, the advice I typically give is to invest into Roth IRA's / Roth 401(k)'s if you expect your tax rates to increase (or stay the same) when you are retired, and to invest in 403(b)'s / 457's / 401(k)'s if you expect your tax rates to drop when retired. Since tax rates depend largely on inc...
by cockersx3
Fri Aug 14, 2020 6:33 pm
Forum: Personal Consumer Issues
Topic: August SAT - where to take it?
Replies: 4
Views: 477

August SAT - where to take it?

Like many parents of "rising" high school seniors, I am scrambling to locate a place for my daughter to take the SAT's later this month. Thanks to COVID, all August SAT administrations within about 5 hours of my home (Northeast / Mid-Atlantic) have been cancelled. While the registration de...
by cockersx3
Thu Jul 16, 2020 8:08 pm
Forum: Personal Consumer Issues
Topic: Anyone else love this new working from home thing?
Replies: 89
Views: 6507

Re: Anyone else love this new working from home thing?

I think it depends on your own personal situation and work style. I personally love it - get about 2 hrs / day back in commuting time, plus more time with my wife and family which is great. The one thing I hated most of all about my job was the level of business travel, but thanks to COVID that has ...
by cockersx3
Tue Jul 07, 2020 7:22 am
Forum: Personal Investments
Topic: Inheritance - what to do next
Replies: 19
Views: 4484

Re: Inheritance - what to do next

Is there a specific reason why you want to transfer the investments in kind? My understanding is that inherited assets get a step-up in basis after the owner's death, meaning that any capital gains taxes you pay on the transfer would not be based on the original cost basis, but on the cost basis whe...
by cockersx3
Sun Jun 28, 2020 1:19 pm
Forum: Personal Investments
Topic: Ready for (forced) early retirement?
Replies: 40
Views: 4882

Re: Ready for (forced) early retirement?

Have you accounted for any ACA subsidies in your budget? Remember, when you are retired your spending does not necessarily equal your taxable income. For example, if you spend entirely from your cash allocation in a given year, your taxable income would be close to $0 which would impact healthcare s...
by cockersx3
Sun Jun 28, 2020 10:25 am
Forum: Personal Investments
Topic: Ready to start Megaback Roth IRA- need guidance
Replies: 7
Views: 798

Re: Ready to start Megaback Roth IRA- need guidance

Hello, I after reading all the great post, I have checked with my employer and they do allow after tax contribution along with in-plan rollover and in-service rollover. So my plan is: 1. My 401k fund options are not that great, so rather than doing in-plan conversion I am planning to open a Roth IR...
by cockersx3
Fri Jun 19, 2020 9:05 pm
Forum: Personal Consumer Issues
Topic: Retiring Abroad
Replies: 110
Views: 13479

Re: Retiring Abroad

We did this this year. Quit my job after 2019 bonuses were paid in February of 2020 and “FIRED” and moved with my family from a HCOL in the US to the beach in Portugal. Right before the world shut down for the virus. Happy to answer any questions if I can help. It’s been a great experience so far, ...
by cockersx3
Sun Jun 07, 2020 6:55 pm
Forum: Investing - Theory, News & General
Topic: Markets back near all time highs - how are you feeling and path forward ?
Replies: 238
Views: 21467

Re: Markets back near all time highs - how are you feeling and path forward ?

OP, Rebalancing with my fixed AA of 60/40 works perfectly. I sell bonds to buy the stock in March. Now, I sell the stock to buy the bonds. The volatility has been very good for my portfolio. I expect more swings along the way. KlangFool This is exactly what I did, with that same AA. Ended up rebala...
by cockersx3
Tue May 26, 2020 6:43 pm
Forum: Personal Consumer Issues
Topic: Software advice needed: remote tech assistance
Replies: 10
Views: 749

Re: Software advice needed: remote tech assistance

Google Remote Desktop may be a good option for users that use the Chrome browser. It's free and fairly easy to use...I have used it before to help wife and through computer problems when I'm away on business, also have used it to help parents through issues.
by cockersx3
Sun May 24, 2020 4:39 pm
Forum: Personal Investments
Topic: Portfolio review: Thinking about early retirement?
Replies: 18
Views: 1660

Re: Portfolio review: Thinking about early retirement?

I'd have each kid take stafford loans for their portion of investment into their education and because the average time to graduate from a 4 year program is now 5 years. Good idea - my wife and I have talked and this is now on our radar. Both my wife and I saw a number of our college peers make poo...
by cockersx3
Fri May 22, 2020 10:09 am
Forum: Personal Investments
Topic: Portfolio review: Thinking about early retirement?
Replies: 18
Views: 1660

Re: Portfolio review: Thinking about early retirement?

I'm was in a fairly similar situation last year. I was in my early 40s with 3 children still at home, and had around $3MM. I used Vanguard's PAS to create a profile that included all of my accounts in and outside of Vanguard, my expected expenses, Social security expectations etc to put together a ...
by cockersx3
Fri May 22, 2020 10:01 am
Forum: Personal Investments
Topic: Portfolio review: Thinking about early retirement?
Replies: 18
Views: 1660

Re: Portfolio review: Thinking about early retirement?

I count the spendable, income-producing assets to be worth $2.069MM. Given some conservative assumptions about the growth of your income-producing assets, I estimate you can safely take a pre-tax income of $90k. I generated a report for your review . Wow - this is a great site. Thanks for sharing!
by cockersx3
Fri May 22, 2020 9:59 am
Forum: Personal Investments
Topic: Portfolio review: Thinking about early retirement?
Replies: 18
Views: 1660

Re: Portfolio review: Thinking about early retirement?

The basic math seems to work out okay. Using $2.7 mil portfolio and $80k per year withdrawal you're drawing just under 3%. Do you really feel confident that you can run the whole show on $80k per year and not feel like you're depriving yourself? If so, enjoy retirement. Regards, I’m not seeing a $2...
by cockersx3
Fri May 22, 2020 9:56 am
Forum: Personal Investments
Topic: Portfolio review: Thinking about early retirement?
Replies: 18
Views: 1660

Re: Portfolio review: Thinking about early retirement?

"of which around $40K is non-discretionary." This seems to be the key. If this is your required base then financially it is quite possible. If you're willing to adjust lifestyle as needed to fit within what your funds provide then it's not just a dream. However that decision is not to be ...
by cockersx3
Fri May 22, 2020 9:54 am
Forum: Personal Investments
Topic: Portfolio review: Thinking about early retirement?
Replies: 18
Views: 1660

Re: Portfolio review: Thinking about early retirement?

You appear to be in really good shape financially. Healthcare and kids in school are the wild cards. Before retiring, I would be inclined to ask for my dream working conditions - work from home, part time, etc. Thanks. Totally agree, and already thinking the same thing. For example, the parts of my...
by cockersx3
Fri May 22, 2020 9:50 am
Forum: Personal Investments
Topic: Portfolio review: Thinking about early retirement?
Replies: 18
Views: 1660

Re: Portfolio review: Thinking about early retirement?

EDIT: portfolio value is actually not 2.7 mil. This number includes house, etc. We need a good number to work with for spendable retirement assets, not "total assets". Regards, Thanks. I guess it depends on what you mean by "spendable." All assets are spendable if you wait long ...
by cockersx3
Thu May 21, 2020 7:02 pm
Forum: Personal Investments
Topic: Portfolio review: Thinking about early retirement?
Replies: 18
Views: 1660

Portfolio review: Thinking about early retirement?

Hello, My wife and I have decided that we kinda like being home and in charge of our own schedule, rather than working all the time and being exhausted when we finally get back home. As a result, we’re considering quitting our jobs sometime next year as a “trial” early retirement, while my kids are ...
by cockersx3
Thu May 21, 2020 1:09 pm
Forum: Personal Consumer Issues
Topic: Potential relocation, how concerned should I be with a 4/10 school?
Replies: 32
Views: 2685

Re: Potential relocation, how concerned should I be with a 4/10 school?

My family has relocated several times for my job. Our experience is that a good GreatSchool rating is a necessary but not sufficient indicator of a high-quality school. It's a good first-pass filter, but you still need to do some homework and dig into the data yourself. All of the "good" s...
by cockersx3
Tue May 19, 2020 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff logistics and large ACH transfer
Replies: 16
Views: 1698

Re: Mortgage payoff logistics and large ACH transfer

Hi Bogleheads, I am preparing to payoff my mortgage next month, mortgage is held at my bank at which I also have a checking account. I spoke to the bank to find out what the process is and this is the plan as I understood it: - I request a payoff statement - I send an ACH transfer from my brokerage...
by cockersx3
Tue May 19, 2020 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate attorney in Central MA
Replies: 7
Views: 408

Re: Real estate attorney in Central MA

I've used Gary Sanginario (http://www.gsanginariolaw.com/index.php) before on a purchase and would definitely recommend. While he is based in Westborough, he practices all over Worcester County - including the southern part of the county where I purchased. Good luck with the move! It's a great area,...
by cockersx3
Fri May 15, 2020 6:32 am
Forum: Personal Consumer Issues
Topic: Cheap Chromebook vs Laptop PC quality/options for child
Replies: 40
Views: 2433

Re: Cheap Chromebook vs Laptop PC quality/options for child

Don't forget about battery life. That's a big advantage for Chromebooks in a school setting. The batteries on those things last forever, while for a cheap Windows laptop it may not last a full day. If the kids intend to use it at school, this is really important since they won't have a way to charge...
by cockersx3
Sun May 03, 2020 7:28 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to hang upper cabinets?
Replies: 16
Views: 1190

Re: Is it difficult to hang upper cabinets?

Nah, this is pretty straightforward. Make sure you drill to studs and also pre-drill before screwing cabinets together or to trim pieces. If putting one of the cabinets against a wall, you may need to add a trim piece to leave enough room to open the door all the way on the cabinet. One thing that's...
by cockersx3
Sat May 02, 2020 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Any One-More-Year FIRE people sticking to their plan?
Replies: 72
Views: 8837

Re: Any One-More-Year FIRE people sticking to their plan?

Thanks everyone!! I have truly enjoyed reading your posts regardless of your position on the OP's question. For myself, I am truly blessed that I have a great job - good purpose, supportive colleagues & management, higher compensation than I ever imagined, high visibility in my industry, etc. -...
by cockersx3
Wed Apr 29, 2020 6:28 pm
Forum: Personal Consumer Issues
Topic: Chromebook with tablet mode and stylus recommendations
Replies: 13
Views: 880

Re: Chromebook with tablet mode and stylus recommendations

My oldest daughter and I have Samsung Plus V2 chromebooks, believe this was mentioned by other posters. These are 2-in-1's with an integrated stylus. We both love them! I use mine for web surfing and light email and have no problems with it. My daughter loves to draw, and uses the integrated stylus ...
by cockersx3
Mon Apr 20, 2020 7:31 pm
Forum: Personal Consumer Issues
Topic: Selling house- how to transfer smart home accts to buyer?
Replies: 27
Views: 1693

Re: Selling house- how to transfer smart home accts to buyer?

Every time we have moved from a home, I've always left a nice letter for the new owners in which I would communicate specific things they'd probably want to know about the home. This includes things like - when the garbage pickup is, when the mail comes, when the kids' buses arrive, where to find th...
by cockersx3
Mon Apr 20, 2020 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-Layoff: Work doubly hard to be untouchable or Start practicing for interviews?
Replies: 56
Views: 5764

Re: Pre-Layoff: Work doubly hard to be untouchable or Start practicing for interviews?

It seems like the "double down" scenario assumes that your employer is not paying attention to your performance, no? If I had to implement a layoff on my team, I know **right now** who the first ones to go would be. They should know it as well, since we discuss performance at every single ...
by cockersx3
Sun Apr 19, 2020 2:59 pm
Forum: Personal Consumer Issues
Topic: Porting a cell phone number to google voice?
Replies: 13
Views: 1038

Re: Porting a cell phone number to google voice?

Yes - I've done this with my primary cell number, and use two-factor authentication for many things (work logons, bank authentication, etc). It works fine, zero issues.
by cockersx3
Fri Apr 03, 2020 5:34 pm
Forum: Personal Investments
Topic: Share what worked in your plan during the crisis
Replies: 103
Views: 7258

Re: Share what worked in your plan during the crisis

Paying off my mortgage, rather than keeping it and having my money invested, was a good move for me. Can't imagine the disappointment I would have now, knowing that I passed on a chance to be debt free. Being able to keep my expenses very low makes the recent market ups & downs much easier to st...
by cockersx3
Tue Mar 31, 2020 7:05 pm
Forum: Personal Consumer Issues
Topic: any recommendations for a program that allows me to show my writing live?
Replies: 20
Views: 1173

Re: any recommendations for a program that allows me to show my writing live?

I've used a web site www.limnu.com before to help my daughter through some of her math courses back when I was travelling, and it worked well. Basically it's just a digital whiteboard that you can share with others - her and I would call each other and use the whiteboard to work out examples. Her a...
by cockersx3
Tue Mar 31, 2020 6:54 pm
Forum: Personal Consumer Issues
Topic: College Cost
Replies: 17
Views: 1366

Re: College Cost

Very unlikely that your nephew will be eligible for any private tuition loans without a co-signer. One option would be to seek out any local charitable organizations that offer loans directly to students, as their "underwriting" standards sometimes allow for students to get loans directly....
by cockersx3
Fri Mar 27, 2020 7:23 pm
Forum: Personal Consumer Issues
Topic: any recommendations for a program that allows me to show my writing live?
Replies: 20
Views: 1173

Re: any recommendations for a program that allows me to show my writing live?

I've used a web site www.limnu.com before to help my daughter through some of her math courses back when I was travelling, and it worked well. Basically it's just a digital whiteboard that you can share with others - her and I would call each other and use the whiteboard to work out examples. Her an...
by cockersx3
Sat Mar 21, 2020 3:03 pm
Forum: Investing - Theory, News & General
Topic: I won the game but kept playing
Replies: 133
Views: 12131

Re: I won the game but kept playing

But if you have 1.5 mill at bottom that's where you may have 6 mill at next top. Roughly speaking. That's how I've trained myself to look at these drops being a 45 yo accumulator had about 580K now about 480K. If my total loss is 400K I have a chance at 1.6 to 2 mill after next bull. Maybe less but...
by cockersx3
Sat Mar 21, 2020 2:54 pm
Forum: Personal Consumer Issues
Topic: Do Cell Phone Boosters Work?
Replies: 24
Views: 1592

Re: Do Cell Phone Boosters Work?

I assume you're talking about a device that does not rely on an internet signal, right? If so, then yes - I helped my in-laws install on in their home and it worked very well. They had a marginal signal on the south side of the outside of the home, but there was virtually no signal indoors. Their as...
by cockersx3
Tue Mar 03, 2020 6:59 pm
Forum: Personal Consumer Issues
Topic: Moving out of usa for 12-14 months : requesting suggestions
Replies: 13
Views: 1097

Re: Moving out of usa for 12-14 months : requesting suggestions

Port the numbers to Google Voice, which will cancel your Verizon plan. You'll be able to make and receive calls via the Internet (using phone or computer), but the quality isn't always great. Or switch to Google Fi, which will allow you to use your existing phone numbers all over the world for the ...
by cockersx3
Sun Feb 23, 2020 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2017
Replies: 66
Views: 3757

Re: Quicken 2017

I've decided to switch over to the MS Money "sunset edition," since my bank (Alliant CU) allows for transaction downloads in a Money-compatible format. The only think I really used Quicken for was to keep my checkbook balanced, and to collect the data for an annual breakdown of spending fo...
by cockersx3
Mon Feb 10, 2020 8:39 pm
Forum: Personal Consumer Issues
Topic: Selling my home, get a septic inspection before listing?
Replies: 30
Views: 1498

Re: Selling my home, get a septic inspection before listing?

Which state do you live in? I know that in MA, the seller is required to obtain a septic system inspection (the so-called "Title V inspection") within a certain number of days of selling the home. One needs to be careful about getting it too early, lest the inspection be deemed too old and...
by cockersx3
Sun Feb 09, 2020 6:42 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 360
Views: 57748

Re: Whats your number to walk away?

Wow - amazed by large numbers on this forum! My numbers are below, but I'm starting to second-guess them based on what I'm seeing here :shock: Age: 44 (wife and I), two kids. College savings already funded, numbers below reflect living expenses/HC/taxes only Low end (ie bare-bones lifestyle, limite...