Search found 2444 matches
- 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?
- 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 ...
- 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.
- 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.
- 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 ...
- 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...
- 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...
- 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.
- 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...
- 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
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
- 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...
- 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.
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.
- 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
https://www.youtube.com/watch?v=MbJWil43HmU
- 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
- 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.
This is all food. Any home supply materials we get at the grocery stores I track separately.
- Sat Mar 09, 2024 10:55 am
- Forum: Personal Investments
- Topic: Fidelity advice
- Replies: 67
- Views: 8452
Re: Fidelity advice
- 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!
This is a huge red flag!
- Fri Mar 08, 2024 3:50 pm
- Forum: Personal Investments
- Topic: Fidelity advice
- Replies: 67
- Views: 8452
- 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...
- 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.
- 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.
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.
- 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.
- 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...
- 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
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?
- 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.
- 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.
- 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.
- 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.
- 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.
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.
- 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 ...
- Thu Feb 22, 2024 5:17 pm
- Forum: Personal Consumer Issues
- Topic: Best < $100 purchase?
- Replies: 299
- Views: 56485
Re: Best < $100 purchase?
+1Stinky 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!
- Tue Feb 20, 2024 3:14 pm
- Forum: Investing - Theory, News & General
- Topic: If you hate paying taxes, you'll love learning about them. Episode 67, "Bogleheads on Investing" guest, Kaye Thomas.
- Replies: 26
- Views: 5229
Re: If you hate paying taxes, you'll love learning about them. Episode 67, "Bogleheads on Investing" guest, Kaye Thomas.
I always feel smarter after listening to one of your podcasts.
- 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...
- 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
Thanks everyoneFiveK 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.
- 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
- 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
- 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.
- 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...
- 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...
- 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.
- 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.
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.
- 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.
- 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 ...
- 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.
- Wed Jan 24, 2024 3:11 pm
- Forum: Personal Consumer Issues
- Topic: The Mother of all Breaches
- Replies: 21
- Views: 2868
- 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!
- 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?
+1TomatoTomahto wrote: ↑Sat Jan 20, 2024 1:22 pmI’d buy myself an island and name it after David Hunter. Btw, who the hell is David Hunter?
- 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...
- 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)
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?
- 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.