Search found 2444 matches

by ROIGuy
Mon Mar 25, 2024 7:00 pm
Forum: Personal Investments
Topic: Those complimentary dinners for retirees by investment advisors
Replies: 137
Views: 10158

Re: Those complimentary dinners for retirees by investment advisors

I wonder if any of the presenters at these sales presentation ever have friends/coworkers planted in the group to help try to influence other attendees to purchase what they are pitching?
by ROIGuy
Mon Mar 25, 2024 3:28 pm
Forum: Personal Investments
Topic: Those complimentary dinners for retirees by investment advisors
Replies: 137
Views: 10158

Re: Those complimentary dinners for retirees by investment advisors

But do they keep you there trapped like a timeshare presentation? how does a timeshare presentation keep you trapped? are the doors locked from the outside and you are being held hostage? can you not get up and walk out? have they taken the keys to your car so you can't get away? did they take your phone so you can't call the police if you're being held hostage? you see I'm using hyperbole because words matter. You're not really trapped in a timeshare presentation unless you believe that you are. The mind can create limits at times that don't exist in reality. articpineapplecorp- Have you ever been to a timeshare presentation? You literally are trapped for 90 minutes unless you want to refund Hilton, Westin, or Marriott Vacation clubs for ...
by ROIGuy
Mon Mar 25, 2024 3:18 pm
Forum: Personal Investments
Topic: Those complimentary dinners for retirees by investment advisors
Replies: 137
Views: 10158

Re: Those complimentary dinners for retirees by investment advisors

We get these invites almost every week, mostly to a Cooper's Hawk restaurant and occasionally I have seen Morton's; both pretty good restaurants. Look up the name of the presenter, you'll find out real quickly if it is a financial planner or an annuity salesperson; both are interchangeable.
by ROIGuy
Sun Mar 24, 2024 1:17 pm
Forum: Personal Investments
Topic: Fiduciary advisors vs not - how important do you think it is
Replies: 33
Views: 2270

Re: Fiduciary advisors vs not - how important do you think it is

I've talked to a number of advisors over the year that claim to be fiduciaries. I didn't see any difference between those that said they were fiduciaries and those who said they were not. Now more than ever it seems all of them want to put you into some kind of annuity, and none of them ever talk about SPIA's.
by ROIGuy
Sun Mar 24, 2024 12:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Customer Service Mega-thread
Replies: 1514
Views: 169446

Re: Vanguard Flagship calls

This is encouraging to hear, I like it when companies solve customer problems. Sounds to me like Vanguard is recovering from issues that cropped up from the Covid pandemic. It might be they are getting the message, Bogleheads are supposed to be sort of a Vanguard fan club and I have read post after post just trashing Vanguard's customer service. The thread regarding the upcoming retirement of the Vanguard CEO was interesting, in my imagination I could hear a lot of champagne corks popping and a lot of celebration. It was like the locker room just after a World Series win. Vanguard has taken a lot of criticism here, good to see good news and a happy customer for a change. +1 I sincerely hope VG is heading in the right direction (as opposed ...
by ROIGuy
Wed Mar 20, 2024 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: The best game-changing financial advice you ever received (or "discovered")
Replies: 219
Views: 25581

Re: The best game-changing financial advice you ever received (or "discovered")

Curious … does the market going up and up and up make you wish you had more of your cash invested? I took the “safe route” with 529 funds I need this fall and I am riddled with regret! And we’re talking just a few thousand, not tens of thousands. Missing out on growth vs protecting principal is hard to master but maybe not for those who favor a conservative approach always, which it sounds like you do. Do you ever consider the “missed” opportunity of not being more fully invested? Yes, I do consider it and it pains me a bit. However, I share my finances 100% with my spouse—who is reflexively opposed to investing in equities. If it were up to her, we’d have even more cash. Our mix is a healthy compromise, so that we both can be relatively s...
by ROIGuy
Wed Mar 20, 2024 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: The best game-changing financial advice you ever received (or "discovered")
Replies: 219
Views: 25581

Re: The best game-changing financial advice you ever received (or "discovered")

Curious … does the market going up and up and up make you wish you had more of your cash invested? I took the “safe route” with 529 funds I need this fall and I am riddled with regret! And we’re talking just a few thousand, not tens of thousands. Missing out on growth vs protecting principal is hard to master but maybe not for those who favor a conservative approach always, which it sounds like you do. Do you ever consider the “missed” opportunity of not being more fully invested? Yes, I do consider it and it pains me a bit. However, I share my finances 100% with my spouse—who is reflexively opposed to investing in equities. If it were up to her, we’d have even more cash. Our mix is a healthy compromise, so that we both can be relatively s...
by ROIGuy
Tue Mar 19, 2024 3:17 pm
Forum: Personal Consumer Issues
Topic: funeral preparations
Replies: 48
Views: 4437

Re: funeral preparations

Part of the Blue Book (thank you Rob Berger) that I put together with my DW includes information that we discussed of what to do when either of us dies. I even went to the funeral home and got all the information (procedures and costs) of what to do and options when one of us dies.
by ROIGuy
Sat Mar 16, 2024 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Age and probability of needing long term care?
Replies: 258
Views: 25866

Re: Age and probability of needing long term care?

"So here is what I get for the "absolute values" from the data above;" 52% of people 65+ will need some LTC 25% of people 65+ will need LTC for less than 1 year 10% of people 65+ will need LTC for 1 to 2 years 11% of people 65+ will need LTC for 2 to 5 years 7% of people 65+ will need LTC for 5 or more years Now this is math that I do understand. Thank you for simplifying. The real math is binary. It's either yes or no. The most important question is "in which cohort will you be?" But, since you can't know that, let's look at each cohort: If you're in the 5 or more years cohort, a well-designed LTCi policy (purchased at a young age) would have been a smart choice. If you're in the 2 to 5 years cohort, a well-d...
by ROIGuy
Sat Mar 16, 2024 8:03 am
Forum: Personal Finance (Not Investing)
Topic: The best game-changing financial advice you ever received (or "discovered")
Replies: 219
Views: 25581

Re: The best game-changing financial advice you ever received (or "discovered")

Things I discovered about myself that has helped the most.
1) I'm not that smart when it comes to financial understanding and stock picking. Enjoy playing with some money in the stock market but the rest goes into mutual funds.
2)Save something from every paycheck, gift or bonus
3) Do the financial basics well
4) Understand how taxes work
5) Having no debt takes a lot of pressure off
6) Finding this forum
by ROIGuy
Sat Mar 16, 2024 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Age and probability of needing long term care?
Replies: 258
Views: 25866

Re: Age and probability of needing long term care?

"So here is what I get for the "absolute values" from the data above;" 52% of people 65+ will need some LTC 25% of people 65+ will need LTC for less than 1 year 10% of people 65+ will need LTC for 1 to 2 years 11% of people 65+ will need LTC for 2 to 5 years 7% of people 65+ will need LTC for 5 or more years Now this is math that I do understand. Thank you for simplifying. The real math is binary. It's either yes or no. The most important question is "in which cohort will you be?" But, since you can't know that, let's look at each cohort: If you're in the 5 or more years cohort, a well-designed LTCi policy (purchased at a young age) would have been a smart choice. If you're in the 2 to 5 years cohort, a well-d...
by ROIGuy
Fri Mar 15, 2024 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Age and probability of needing long term care?
Replies: 258
Views: 25866

Re: Age and probability of needing long term care?

"So here is what I get for the "absolute values" from the data above;"
52% of people 65+ will need some LTC
25% of people 65+ will need LTC for less than 1 year
10% of people 65+ will need LTC for 1 to 2 years
11% of people 65+ will need LTC for 2 to 5 years
7% of people 65+ will need LTC for 5 or more years

Now this is math that I do understand. Thank you for simplifying.
by ROIGuy
Thu Mar 14, 2024 4:25 am
Forum: Personal Finance (Not Investing)
Topic: Letter to heir - what would you include?
Replies: 90
Views: 7798

Re: Letter to heir - what would you include?

Rob Berger has an excellent video regarding this on his YouTube show. I used it as a blue print to create our own "blue book" (that's what he calls it) for my DW and I.
https://www.youtube.com/watch?v=MbJWil43HmU
by ROIGuy
Tue Mar 12, 2024 10:03 am
Forum: Personal Investments
Topic: Financial Advisor says my portfolio is akin to a retiree at age 34
Replies: 80
Views: 8322

Re: Financial Advisor says my portfolio is akin to a retiree at age 34

Stinky wrote: Tue Mar 12, 2024 6:43 am You need a new financial advisor.

Better yet, you should learn to be your own "financial advisor". With help, as needed, from the good folks on this Forum. :D
+1
by ROIGuy
Sun Mar 10, 2024 12:20 pm
Forum: Personal Consumer Issues
Topic: How much do you spend a month on food?
Replies: 336
Views: 30408

Re: How much do you spend a month on food?

For the two of us, we spend about $1000-$1100 a month combined for groceries, restaurants and coffee houses.
This is all food. Any home supply materials we get at the grocery stores I track separately.
by ROIGuy
Sat Mar 09, 2024 10:55 am
Forum: Personal Investments
Topic: Fidelity advice
Replies: 67
Views: 8452

Re: Fidelity advice

FellsGuy wrote: Sat Mar 09, 2024 10:37 am
ROIGuy wrote: Fri Mar 08, 2024 5:07 pm "Fidelity representatives called me and my wife over and over again, including 4 times last week"
This is a huge red flag!
Agreed this sounds odd and 11% no risk come on I have had them bring things up but not push things OP is misunderstanding or this is some boiler room operation.
This sounds so much like an annuity pitch.
by ROIGuy
Fri Mar 08, 2024 5:07 pm
Forum: Personal Investments
Topic: Fidelity advice
Replies: 67
Views: 8452

Re: Fidelity advice

"Fidelity representatives called me and my wife over and over again, including 4 times last week"
This is a huge red flag!
by ROIGuy
Fri Mar 08, 2024 3:50 pm
Forum: Personal Investments
Topic: Fidelity advice
Replies: 67
Views: 8452

Re: Fidelity advice

samsoes wrote: Fri Mar 08, 2024 1:24 am Call your local Fido branch and ask them to verify that these two charlatans are indeed employees.
+1
by ROIGuy
Fri Mar 08, 2024 7:46 am
Forum: Personal Finance (Not Investing)
Topic: What would you have done differently if you could go back and restart your financial journey?
Replies: 68
Views: 5913

Re: What would you have done differently if you could go back and restart your financial journey?

There would be a lot that I would change. Starting with just opening a basic index fund account (back then it would of just been Vanguard). I would of gotten a higher paying job and focus on putting away even just $25 a month into the account. I would of bought a few stocks with the idea I would hold them for decades. Be very aware of the long term effects of the cost of expense ratio's on my returns. 2% over 40 years will take away about 67% of your profits! I would also avoid listening to the "financial news" which will certainly over time get into your head. You have to think Long Term when planning. The best and hardest thing to do when you are in your 20's is to think long term. The two best calculators I could think of for y...
by ROIGuy
Sun Mar 03, 2024 7:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard Announces CEO Retirement and Appointment of President
Replies: 372
Views: 36431

Re: Vanguard Announces CEO Retirement and Appointment of President

Buckley reminded me of my DW company's old CEO. Everything starts at the top and trickles down. How a boss values various aspects of an organization shows up sooner or later, and I think how Buckley valued customer service and the customer's experience showed up. I saw this years ago with my DW old CEO with always going with the cheaper choice and "The emperor has no clothes" attitude. They eventually brought in a new CEO and they did a great job, but it took years to clean up the old mess.
by ROIGuy
Sun Mar 03, 2024 7:33 am
Forum: Personal Finance (Not Investing)
Topic: The Psychology of Retirement (Your thought and experience, please!)
Replies: 38
Views: 5180

Re: The Psychology of Retirement (Your thought and experience, please!)

Plans should be as much about what does not go right as much as what you think will go right. Honestly, a million dollars net worth in a HCOL area does not seem a lot; but so much depends on your expenses, as well as planning for unexpected problems (Health, home, family).
Your very fortunate to have a job you love and I would talk to my boss or HR and your husband to find ways to still do your job and look for ways to accomplish your other goals.
by ROIGuy
Fri Mar 01, 2024 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Father died and I'm totally overwhelmed on what to do
Replies: 58
Views: 11275

Re: Father died and I'm totally overwhelmed on what to do

I'm sorry for your loss. You should review emails all of his accounts and even look in the email trash directory, to figure out which credit cards were being used/ paid. You will need death certificates to help close some of the accounts. You may even want to go on Experian or Equifax ( I don't know how it works) but pull up your dad's and moms credit reports so you can see what accounts are open under their names. Talk to one of their account representatives to help you, especially for your dad's information. You may need a death certificate for that specifically.
by ROIGuy
Fri Mar 01, 2024 8:13 am
Forum: Personal Investments
Topic: PlanVision vs Maxifii/NewRetirement/ProjectionLab
Replies: 30
Views: 2520

Re: PlanVision vs Maxifii/NewRetirement/ProjectionLab

I don't like NewRetirement because although it allows you to model Roth conversions, it doesn't let you incorporate/save them into your plan. You're supposed to just make a note of them for the future! Ridiculously bad omission. I do not like New Retirement's long-term care solution choices. If you are self-funding, there is no choice for that. They do allow you to use the value of your home and they will deduct that from the total. But what if you want to live in your house as the other spouse and just use your savings? It will not do what you want if you go under Long-term care....." How do you plan on funding long-term care for yourself?" Then one of the options is " Plan to use up savings and ...then ...qualify for medic...
by ROIGuy
Fri Mar 01, 2024 6:29 am
Forum: Personal Investments
Topic: PlanVision vs Maxifii/NewRetirement/ProjectionLab
Replies: 30
Views: 2520

Re: PlanVision vs Maxifii/NewRetirement/ProjectionLab

Tom_T wrote: Fri Mar 01, 2024 5:34 am I don't like NewRetirement because although it allows you to model Roth conversions, it doesn't let you incorporate/save them into your plan. You're supposed to just make a note of them for the future! Ridiculously bad omission.
I do not like New Retirement's long-term care solution choices. If you are self-funding, there is no choice for that. They do allow you to use the value of your home and they will deduct that from the total. But what if you want to live in your house as the other spouse and just use your savings?
by ROIGuy
Thu Feb 29, 2024 4:19 pm
Forum: Investing - Theory, News & General
Topic: Retirees: at what age...?
Replies: 48
Views: 5258

Re: Retirees: at what age...?

A friend of mine recently passed away (early 60's) and he left a message on his Instagram page. Basically he reminded everyone how experience has taught him that life can go from 100 - 0 miles per hour in a moment, and don't waste life on trivial stuff. Good reminder that the greatest thing about being able to retire (or just enjoying your life) is to do what ever makes you happy; and that doesn't mean you have to spend a lot of money to achieve that.
by ROIGuy
Tue Feb 27, 2024 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Cancer Diagnosis Hubby
Replies: 39
Views: 5809

Re: Cancer Diagnosis Hubby

Aside from your family, friends and depending on how well you know your neighbors, don't hesitate to ask them for help. Having someone do some grocery shopping or dropping/picking up some dry cleaning can help make your life just a little easier.
by ROIGuy
Tue Feb 27, 2024 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Cancer Diagnosis Hubby
Replies: 39
Views: 5809

Re: Cancer Diagnosis Hubby

I'm sorry your family is having to deal with this. I know someone that is going through the same thing. Nutrition is very important. You should set up an appointment with a nutritionist through the oncology department at your hospital that understands the specifics and nuances of dealing with cancer.
by ROIGuy
Tue Feb 27, 2024 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Happily retired but seriously considering going back to work
Replies: 82
Views: 9387

Re: Happily retired but seriously considering going back to work

If money is not a concern with this issue, then why not hire yourself part time to improve your overall health and well being. Imagine spending an extra 8-10 hours a week working on your health; aside from any current exercising you might be doing now. The long term cost benefits could be tremendous.
by ROIGuy
Sat Feb 24, 2024 9:54 am
Forum: Personal Finance (Not Investing)
Topic: FIRE vs Loving your work
Replies: 101
Views: 8777

Re: FIRE vs Loving your work

Ideally we would like to be able to retire in the next 3 years. I'll probably keep working even part-time for a few years after that.
I really like who I work with and have been working with them for around 20 years. Earning some money even part-time can really help with SORR for the first few years of retirement. Staying at home for 6 weeks during Covid taught me how much I really do enjoy my work and having some structure in my life.
I know someone who's in their mid 70s who is a consultant and still works because they're good at what they do, they enjoy what they do, they earn good money (even though they don't need it) and they like mental stimulation.
by ROIGuy
Sat Feb 24, 2024 6:07 am
Forum: Personal Investments
Topic: 401k bond income in retirement
Replies: 2
Views: 357

401k bond income in retirement

Were a couple of years away from retirement so I'm just thinking ahead. Once we retire, we will have to drawn down mostly on our 401k plan for a few years for income before SS start. I'm building up our Intermediate and short term bond funds which we will use mostly during those transition years, but when it comes to the income yield that they give off during the year, do you just have that money sent to you directly or do you prefer to have to leave the interest payment reinvest back into the bond fund and just take what you need for living expenses? It probably really doesn't matter, but didn't know if there was a preference and why. I know it is recommended not to reinvest the any stock dividends received in the taxable account and just ...
by ROIGuy
Thu Feb 22, 2024 5:17 pm
Forum: Personal Consumer Issues
Topic: Best < $100 purchase?
Replies: 299
Views: 56485

Re: Best < $100 purchase?

Stinky wrote: Sat Dec 12, 2020 6:53 pm My rescue dog, acquired on Independence Day in 2016 for $17.76.

We asked for the oldest, fattest dog in the shelter. We were introduced to “Boy”, who wouldn’t respond to any other name.

He has been the best of our many dogs. And he’s taken off 20 pounds since we’ve had him!
+1
by ROIGuy
Mon Feb 19, 2024 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Long term view of IRMAA, Roth conversions and income
Replies: 16
Views: 2483

Re: Long term view of IRMAA, Roth conversions and income

To the OP, what is your Long-Term Care. Once you start paying for Long-Term Care, your medical expenses will probably high enough that itemizing will be advantageous. Thus, part of the withdrawals from Traditional IRA (expenses above 7.5% of AGI that raise your itemized deductions above the standard deduction) will be essentially tax-free. We are keeping a sizable Traditional IRA balance for lifetime QCDs and LTC balances, while balancing the total tIRA balance that our heirs can handle as an inherited IRA. I know that using our Trad IRA money can be used once that level is hit. I already converted my SEP into my Roth and about 45% or our holdings is in my DW Trad 401k plan, so these last few years we are just maximizing the 401k Roth plan...
by ROIGuy
Mon Feb 19, 2024 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Long term view of IRMAA, Roth conversions and income
Replies: 16
Views: 2483

Re: Long term view of IRMAA, Roth conversions and income

FiveK wrote: Sat Feb 10, 2024 8:12 pm In addition to the article on just the IRMAA tiers, see Roth Conversion with Social Security and Medicare IRMAA for one way you can evaluate whether conversions might or might not be worthwhile for you.
Thanks everyone 👍
by ROIGuy
Sat Feb 17, 2024 5:06 pm
Forum: Personal Consumer Issues
Topic: Passport renewal time - what’s the current time frame?
Replies: 203
Views: 31254

Re: Passport renewal time - what’s the current time frame?

My DW just renewed hers, she had it expedited. Only took about 10-12 days
by ROIGuy
Fri Feb 16, 2024 3:39 pm
Forum: Personal Consumer Issues
Topic: Exercise Is Overrated
Replies: 32
Views: 3419

Re: Exercise Is Overrated

"Take care of your body. It's the only place you have to live." ~ Jim Rohn
by ROIGuy
Wed Feb 14, 2024 7:08 pm
Forum: Personal Investments
Topic: Lost in Numbers Moving to Fidelity, Raymond, or?
Replies: 53
Views: 4886

Re: Lost in Numbers Moving to Fidelity, Raymond, or?

Which ever path you choose to take, make sure you start downloading all of your past statements/forms from your Edward Jones account before you start transferring funds. They have a reputation of once you initiate a transfer (and make sure which ever brokerage you choose to go with takes care of that for you from their end) EJ will likely lock you out of your own account.
by ROIGuy
Sat Feb 10, 2024 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Long term view of IRMAA, Roth conversions and income
Replies: 16
Views: 2483

Re: Long term view of IRMAA, Roth conversions and income

My DW and I are turning 63 this year, which means we have to take IRMAA into account with our income. My DW income I can estimate pretty well and mine fluctuates. I believe IRMAA for a MFJ this year is <$206,000 MAGI? Yes, but....that $206k is 2022 income, not 2024 income. The number will/should be higher when you start Medicare in 2026. IRMAA always has a two year look back. Unfortunately, there is no sure way to know in 2024 what income limit you need to stay under in 2024 to avoid IRMAA in 2026. It's a guess. However, there are some estimates. https://thefinancebuff.com/medicare-irmaa-income-brackets.html. So far, this author has been pretty accurate in his predictions. But predictions are just that....predictions. We will know by the e...
by ROIGuy
Sat Feb 10, 2024 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Long term view of IRMAA, Roth conversions and income
Replies: 16
Views: 2483

Long term view of IRMAA, Roth conversions and income

My DW and I are turning 63 this year, which means we have to take IRMAA into account with our income. My DW income I can estimate pretty well and mine fluctuates. I believe IRMAA for a MFJ this year is <$206,000 MAGI? Right now, I’m pretty sure we will fall below this; maybe around $195,000 (MAGI) or so. However, I can also do Roth conversion with some of my Trad IRA (Which has about $160,000 in it. I haven't added any money to it in years, it has grown on it's own), maybe $30,000 to $60,000 dollars each year for the next 2 years. I know this will push us from the 22% tax bracket into the 24% bracket as well as the 2nd tier of IRMAA in a couple of years when we start Medicare. I believe this will cost us an extra $800 per year or so paid in...
by ROIGuy
Fri Feb 09, 2024 3:34 pm
Forum: Personal Consumer Issues
Topic: Hawaii Trip: advice
Replies: 35
Views: 3711

Re: Hawaii Trip: advice

We were in Maui last September. We stayed in Wailea. A lot of boat businesses for snorkeling and fishing were lost due to the fire in Lahaina. We did a nice dinner cruise one night. Everyone there was grateful for the business.
by ROIGuy
Mon Feb 05, 2024 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Working Cushy job now, offered promotion to another dept. Stay put or make the jump over?
Replies: 32
Views: 2854

Re: Working Cushy job now, offered promotion to another dept. Stay put or make the jump over?

Do not underestimate the value of a great boss. My DW had a boss who she really liked. He made sure she was taken care of and she made sure he was too. Mutual respect, someone you enjoy going to work for every day.
Her current bosses though not bad, not nearly the same work environment and I can see the stress this causes her and others in the department.
by ROIGuy
Mon Jan 29, 2024 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Managing your affairs when you live alone and have no family or true friends
Replies: 133
Views: 21853

Re: Managing your affairs when you live alone and have no family or true friends

We recently set up a trust. One of our younger relatives said they would take our dog if we have one at the time of our passing. We added a provision in our trust leaving money for the person to help with our pet's feeding and medical cost if needed.
by ROIGuy
Thu Jan 25, 2024 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: New Fidelity Private Client Policy?
Replies: 44
Views: 6648

Re: New Fidelity Private Client Policy?

I am a Fidelity client and find it slightly amusing that many are posting about losing the picture of a rep that they don't use or want to use - why is this an issue to anyone? I am not sure I ever had a rep although I have met with the branch manager. I also have his email and phone number to reach him if there are issues I want him or his team to help me out with - for me, having his contact information and a physical location to go to if needed, are the most important. I self manage the accounts, but have asked for advice at times, get the turbotax offer, and appreciate the help they have provided. I don't care that there is no picture on my account when I sign-on. Curious how helpful it is to have a brick and mortar Fidelity office at ...
by ROIGuy
Thu Jan 25, 2024 1:11 pm
Forum: Personal Consumer Issues
Topic: How do you retire when you love your work?
Replies: 163
Views: 13207

Re: How do you retire when you love your work?

What about doing something like Doctors Without Borders. You can go to unique places to use your skill set to help people and then stay longer to do the other outdoor things you enjoy like camping, hiking, etc.
by ROIGuy
Wed Jan 24, 2024 3:11 pm
Forum: Personal Consumer Issues
Topic: The Mother of all Breaches
Replies: 21
Views: 2868

Re: The Mother of all Breaches

StevieG72 wrote: Wed Jan 24, 2024 3:06 pm Sounds like a sales pitch to me.
+1
by ROIGuy
Tue Jan 23, 2024 12:57 pm
Forum: Personal Investments
Topic: 00000
Replies: 27
Views: 4325

Re: There is hope for late starters

Great job! :beer
by ROIGuy
Sat Jan 20, 2024 4:38 pm
Forum: Investing - Theory, News & General
Topic: David Hunter predictions - any key takeaways?
Replies: 43
Views: 3430

Re: David Hunter predictions - any key takeaways?

TomatoTomahto wrote: Sat Jan 20, 2024 1:22 pm
watchnerd wrote: Sat Jan 20, 2024 1:17 pm If we hit 7000 this year, I’d probably take profits
I’d buy myself an island and name it after David Hunter. Btw, who the hell is David Hunter?
+1
by ROIGuy
Sat Jan 20, 2024 11:01 am
Forum: Investing - Theory, News & General
Topic: Total Portfolio Allocation and Withdrawal (TPAW)
Replies: 690
Views: 172281

Re: Total Portfolio Allocation and Withdrawal (TPAW)

What a wonderful program! Thank you. Another tool to use to help us get to retirement. Glad you're finding it useful! When it comes to estimating what future taxes and RMD will be, do I just add those into the Extra Spending / Essential expense (essential) section? Taxes will be modeled in the planner eventually, but at present there isn't a great way to do this. The problem with adding RMDs and taxes to the extra essential spending category is that RMDs and taxes will vary as a function of market performance. If the market does well, withdrawals go up and so RMDs and taxes go up as well. Extra discretionary spending behaves more like this and so might be a better model for it. But it's still problematic because the tax code is progressive...
by ROIGuy
Sat Jan 20, 2024 8:38 am
Forum: Investing - Theory, News & General
Topic: Total Portfolio Allocation and Withdrawal (TPAW)
Replies: 690
Views: 172281

Re: Total Portfolio Allocation and Withdrawal (TPAW)

Ben Mathew wrote: Thu Jan 18, 2024 11:30 pm
ROIGuy wrote: Thu Jan 18, 2024 2:41 pm What a wonderful program! Thank you. Another tool to use to help us get to retirement.
Glad you're finding it useful!
When it comes to estimating what future taxes and RMD will be, do I just add those into the Extra Spending / Essential expense (essential) section?
by ROIGuy
Thu Jan 18, 2024 2:41 pm
Forum: Investing - Theory, News & General
Topic: Total Portfolio Allocation and Withdrawal (TPAW)
Replies: 690
Views: 172281

Re: Total Portfolio Allocation and Withdrawal (TPAW)

What a wonderful program! Thank you. Another tool to use to help us get to retirement.