Search found 4579 matches

by Dottie57
Wed Nov 14, 2018 12:37 am
Forum: Investing - Theory, News & General
Topic: Annuities
Replies: 5
Views: 490

Re: Annuities

The Wizard wrote:
Tue Nov 13, 2018 9:18 pm
I'm 68 and retired.
I get "several" thousand dollars per month income from my single premium immediate annuities with TIAA, one of the better annuity providers.
For me, with no pension, this was a good choice.
Excessive income in retirement allows one to carry on in good style...
:sharebeer
by Dottie57
Tue Nov 13, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: "What If You Retire At a Stock Market Peak?" - by Ben Carlson
Replies: 13
Views: 1910

Re: "What If You Retire At a Stock Market Peak?" - by Ben Carlson

Rowan Oak wrote:
Tue Nov 13, 2018 9:04 pm
Dottie57 wrote:
Tue Nov 13, 2018 6:57 pm
What is a balanced portfolio here?
He uses "60/40 portfolios consisting of 60% in U.S. stocks (S&P 500) and 40% in 5-year treasuries. " in his example.
Thank you. I think I am well balanced then.
by Dottie57
Tue Nov 13, 2018 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Transfering from 401K yearly into trad IRA question
Replies: 9
Views: 316

Re: Transfering from 401K yearly into trad IRA question

I'm going to a new company and currently have Fidelity with low index funds. I also have Vanguard for Brokerage and Trad IRA accounts. The new company has Principal with their 0.45 Year Target funds. So I'm I'm thinking to contribute to Trad 401K but on some kind of schedule to transfer money out o...
by Dottie57
Tue Nov 13, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?
Replies: 21
Views: 1056

Re: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?

I would ask them how much yearly income they want in retirement and an estimate of length of retirement. Subtract their pension(s) from that. If retiring at 55, then divide yearly amount by 3.5% and you have the amount needed. If a 30 year retirement, divide by 4%. Give them the math. It is hard to...
by Dottie57
Tue Nov 13, 2018 7:08 pm
Forum: Investing - Theory, News & General
Topic: Murphy's Law Of Retirement
Replies: 60
Views: 12106

Re: Murphy's Law Of Retirement

Also, if you stick to a SWR (safe withdrawal rate) or use a variable percentage withdrawal strategy, you should be fine over the long term. Both are discussed at length at bogleheads. Do a search and see. The entire concept of safe withdrawal rates is build around historical sequence of returns ris...
by Dottie57
Tue Nov 13, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Approximate Total Stock Market
Replies: 5
Views: 469

Re: Approximate Total Stock Market

I would use

S&P 500 Index fund.
Midcap Index fund.

Maybe a bit of small cap growth, but realize it lacks value stocks.
by Dottie57
Tue Nov 13, 2018 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 36
Views: 3805

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

When you sell you haven't accomplished anything other than realizing a loss. Instead, direct all new purchases to bonds, money market, etc. until your overall allocation is comfortable. Stop looking at your account(s) so often. +1. A very good way to go. Do you believe the stock market will go up n...
by Dottie57
Tue Nov 13, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?
Replies: 21
Views: 1056

Re: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?

I would ask them how much yearly income they want in retirement and an estimate of length of retirement. Subtract their pension(s) from that. If retiring at 55, then divide yearly amount by 3.5% and you have the amount needed. If a 30 year retirement, divide by 4%. Give them the math. It is hard to ...
by Dottie57
Tue Nov 13, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Enjoying Your Work
Replies: 13
Views: 1629

Re: Enjoying Your Work

I was in the same boat. Sales job making over 100k in my mid twenties. I received a commission check for 15k one day and stared at it my whole commute home (LIRR). Spoke with my wife and told her how the money did nothing for me. I could save it, buy something, whatever, I had no joy in my work lif...
by Dottie57
Tue Nov 13, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Won a lawsuit after a wrongful death in the family. How to invest?
Replies: 15
Views: 2223

Re: Won a lawsuit after a wrongful death in the family. How to invest?

Take. Your. Time.

Don’t rush to do something. Do research / reading. Use this forum and its associated wiki.

Good luck

And very sorry about family situation.
by Dottie57
Mon Nov 12, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 72
Views: 4732

Re: Granddaughter needs $ help for university

I can’t imagine paying that much for a degree in music / teaching. I would not do it. Community college for 2 years then transfer to a state school. OP might think that way, but for OP's granddaughter, that is a very tough pill to swallow. With a mother who does not understand finances and living b...
by Dottie57
Mon Nov 12, 2018 9:51 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 72
Views: 4732

Re: Granddaughter needs $ help for university

I can’t imagine paying that much for a degree in music / teaching. I would not do it. Community college for 2 years then transfer to a state school. OP might think that way, but for OP's granddaughter, that is a very tough pill to swallow. With a mother who does not understand finances and living b...
by Dottie57
Mon Nov 12, 2018 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: 457 vs 403b
Replies: 29
Views: 1839

Re: 457 vs 403b

I thought I had read in this forum that 403b have better protection from creditors than 457.
by Dottie57
Mon Nov 12, 2018 9:34 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 72
Views: 4732

Re: Granddaughter needs $ help for university

I can’t imagine paying that much for a degree in music / teaching. I would not do it.

Community college for 2 years then transfer to a state school.
by Dottie57
Mon Nov 12, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Health Coverage during severance
Replies: 4
Views: 421

Re: Health Coverage during severance

Aren’t you covered by COBRA for 18 month? Your employer may only offer to pay for 6 months.
by Dottie57
Mon Nov 12, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 102
Views: 12064

Re: [Financial] Habits of the Rich

BoglePaul wrote:
Sun Nov 11, 2018 3:57 pm
Aim to be good at what you do. Get a new certification every 3 years (every 2 years in your 20's). The money will come.
I never did certifications. But being flexible in learning new technology heled immensely to stave off being part of Staff reductions.
by Dottie57
Mon Nov 12, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs in the year one becomes 70 1/2
Replies: 24
Views: 1807

Re: RMDs in the year one becomes 70 1/2

Is the RMD pro-rated or do you need to take the full year RMD?
by Dottie57
Mon Nov 12, 2018 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Is maxing out Tax defered 401(k) enough?
Replies: 40
Views: 3388

Re: Is maxing out Tax defered 401(k) enough?

The higher your income, the more you should save and invest. At least 20-25%. This amount also forces you to live more frugally. So maxing out 401k plus roth ira would be 20%. A bit more in taxable account would be better.

Good luck!
by Dottie57
Mon Nov 12, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Where to buy engagement ring?
Replies: 61
Views: 4657

Re: Where to buy engagement ring?

Curious if anyone has experience with lab-grown diamonds? My partner is leaning this way and am wondering if anyone has purchased previously, insights, etc. Well the diamond is not worth as much. But I think it isfine. There are beautiful products . I do think the setting isthe most important, then...
by Dottie57
Mon Nov 12, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Home addition vs. Buying New
Replies: 24
Views: 665

Re: Home addition vs. Buying New

Friends of ours have a similar basement. Code would not allow them to put do a real finished basement. But they brought in a number of foam backed carpets, painted the ceiling and walls white, put up storage on the walls and shelves and desks and installed lots of protected lights. The result was a...
by Dottie57
Mon Nov 12, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: why so few 50/50 balanced funds?
Replies: 18
Views: 2142

Re: why so few 50/50 balanced funds?

rkhusky wrote:
Mon Nov 12, 2018 9:56 am
Vanguard seems to prefer 60/40 or 40/60 funds. You could choose two of those to get to 50/50 (Wellington/Wellesley or LifeStrategy Moderate/Conservative).
This is what I would do. Although I might go with the 80/20 And 20/80 blend.
by Dottie57
Mon Nov 12, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: What's everyone currently in?
Replies: 93
Views: 7986

Re: What's everyone currently in?

Hi everyone I'm just curious with all the volatility in the market right now what's everyone currently invested in? I have my Roth IRA with VTI, BND, VXUS which is very basic I haven't touched it in years but with all this volatility I'm thinking I may want to. Total US Stock, Total Intl Stock, Tot...
by Dottie57
Mon Nov 12, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Wanting to move my family but where to begin?
Replies: 21
Views: 2234

Re: Wanting to move my family but where to begin?

Start reading the online newspapers of areas you are thinking of moving to. Public organization websites.
by Dottie57
Mon Nov 12, 2018 11:05 am
Forum: Personal Consumer Issues
Topic: Still spending too much on non-essentials
Replies: 38
Views: 2369

Re: Still spending too much on non-essentials

I just set a percentage for savings. The rest of money was mine to spend. As my salary grew, I sometimes spent my money on more saving. But Idid spend on non essentials.

Enjoy life before retirement as you might not get there. Moderation.
by Dottie57
Sun Nov 11, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: A Special Kind of Market-Linked CD?
Replies: 14
Views: 712

Re: A Special Kind of Market-Linked CD?

Any FDIC protection? I bet not.
by Dottie57
Sun Nov 11, 2018 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 102
Views: 12064

Re: Habits of the Rich

For me, the big one s #5 - automating your saving/investing.

I did not plan, but knew that saving consistently would be better than not saving consistently. I learned basic math.
by Dottie57
Sun Nov 11, 2018 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Severance | 401(k)
Replies: 20
Views: 1822

Re: Severance | 401(k)

I would fill up the current 401k. You will have the money and ensure deductibility. You do not know when you will get the next job.
by Dottie57
Sun Nov 11, 2018 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 76
Views: 5813

Re: Finances in NYC

I'm 41, never married and no kids. Making friends would not be an issue. Certainly not looking to "live it up" in NYC. I would generally be working 40-45 hours a week unless disasters strike which is not unheard of. Some of the things I mentioned like laundry and other stuff in apartments was just ...
by Dottie57
Sat Nov 10, 2018 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about FSA when quitting mid-year
Replies: 9
Views: 721

Re: Confused about FSA when quitting mid-year

In my situation, there is a bigger possibilities that I will quit on January 2019 and my spouse and I don't have any particular that we need to use medical for... So in that case, it is better to just not contribute at all, correct? (assuming the possibilities turn out the way we planned). I wouldn...
by Dottie57
Sat Nov 10, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Mid and Small Caps?
Replies: 38
Views: 3086

Re: Mid and Small Caps?

I have had mid and small caps since 401k contained them. They have done well and are part of total stock index.
by Dottie57
Sat Nov 10, 2018 3:11 pm
Forum: Personal Consumer Issues
Topic: Apple - Old Product Boxes - Keep or Dispose?
Replies: 20
Views: 2380

Re: Apple - Old Product Boxes - Keep or Dispose?

I'm a box collector. I have plenty of storage space to store lots and lots of boxes. But only for making moves easier. Very easy to pack the toaster, or the coffee pot, or the laptop computer back into its original packaging and then into the moving boxes. Instead of packing randomly shaped objects...
by Dottie57
Sat Nov 10, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: How to stop junk mail for a deceased person
Replies: 61
Views: 5991

Re: How to stop junk mail for a deceased person

Sidney wrote:
Fri Jan 29, 2016 3:40 pm
Should taper off after ~ 5 years. I have never been successful in stopping it. I think attempts to contact the senders only creates more.
Send it back marked as deceased.
by Dottie57
Sat Nov 10, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for ESPP Stock Sales
Replies: 7
Views: 699

Re: Advice for ESPP Stock Sales

Sell if you want.

When I was working, I learned to sell Asap since I had a situation where stocklost 1/2 of value. :(
by Dottie57
Sat Nov 10, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: Point and shoot camera
Replies: 104
Views: 3828

Re: Point and shoot camera

My old Nikon CoolPix just died, aged about 15 years. I need a new camera - yes, I know my phone takes pictures and it's gotten me some surprisingly good ones, but I want a camera. I am no photographer so a point and shoot will do just fine. Did a scan of the offerings on eBay and Amazon and don't u...
by Dottie57
Sat Nov 10, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Regrets from canceling whole life insurance policy - anyone out there?
Replies: 27
Views: 2918

Re: Regrets from canceling whole life insurance policy - anyone out there?

bltn wrote:
Sat Nov 10, 2018 11:18 am
I would get my replacement term insurance in place before cancelling the current whole life policy.
+1.
by Dottie57
Sat Nov 10, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 52
Views: 4607

Re: Do you prefer etfs or mutual funds?

Mutual funds for fractional purchases. ETFs for quicker settlement and ability to sell and buy in the current trading day. When I rollover my 401k, I may use Vanguard ETFs.
by Dottie57
Sat Nov 10, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: Alcohol related gift idea - nice glasses for drinking spirits?
Replies: 17
Views: 1456

Re: Alcohol related gift idea - nice glasses for drinking spirits?

For several years, I have routinely asked family for such a gift. The choice is Waterford crystal, as another person mentioned. Go to Kinsale.com and look at several types of tumblers, water glasses, shot glasses, decanters, etc. They have a wide variety of items, and they offer an opportunity for ...
by Dottie57
Sat Nov 10, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: 18 topics badly explained by many Finance Professors
Replies: 15
Views: 2889

Re: 18 topics badly explained by many Finance Professors

So does item #1 mean that cap weighted index funds are rubbish? If so I have done well with rubbish.
by Dottie57
Fri Nov 09, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Help. They are removing index funds.
Replies: 56
Views: 3970

Re: 401k Help. They are removing index funds.

American funds don’t have horrible fees if there is no font load. i don’t know about 12b-1 fees. I had amercan funds in tira for about 6 or 7 years. They made money and got me through the 2008-2009 time frame. What you don’t know is if the same stocks are held in the different funds and if you are o...
by Dottie57
Fri Nov 09, 2018 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Retirement withdrawal plan Fall 2019, ACA vs Roth conversions
Replies: 10
Views: 893

Re: Retirement withdrawal plan Fall 2019, ACA vs Roth conversions

OP,

Next year, I will start Roth conversions using cash to pay taxes. I won’t get ACA subsidy, but think it will be worth it to convert the majority to Roth.
by Dottie57
Thu Nov 08, 2018 10:54 pm
Forum: Local Chapters and Bogleheads Community
Topic: Special DC Bogleheads Meeting with Steve Goss, Chief Actuary of Soc Security
Replies: 8
Views: 708

Re: Special DC Bogleheads Meeting with Steve Goss, Chief Actuary of Soc Security

Grt2bOutdoors wrote:
Thu Nov 08, 2018 10:37 pm
What a coup! Wish I was in dc area to attend.
Sounds like it will be a fantastic presentation. Would you kindly be able to share your findings with the forum?
Indeed a coup! I too wish I could attend. I hope someone will take notes and share here.
by Dottie57
Thu Nov 08, 2018 7:56 pm
Forum: Personal Consumer Issues
Topic: Moving to NYC without a job
Replies: 33
Views: 4995

Re: Moving to NYC without a job

You’re hoping your SO’s roommates won’t mind you staying there until you get a job?? What if it takes a few months? Unless it’s a huge penthouse and everyone has their own bathroom, there’s no way I would be happy to divide up my bathroom time with another person, especially of the opposite sex. Th...
by Dottie57
Thu Nov 08, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: taxact 2018 tax year software price increase 100%?
Replies: 15
Views: 1543

Re: taxact 2018 tax year software price increase 100%?

I am not sure deals will be available given the cost of programming changes for the trump tax changes.
by Dottie57
Thu Nov 08, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with windfall
Replies: 34
Views: 2628

Re: What to do with windfall

Getting rid of student loan 1 is a good choice, since it would free up so much cash flow (which could be saved) and the interest rate is pretty high. How long do you have to pay on each loan if you pay the minimums? I agree with getting rid of loan 1 since cash flow is much better. Also agree with ...
by Dottie57
Thu Nov 08, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Good explanation of how bond funds don't get crushed in rising rate environment
Replies: 64
Views: 6080

Re: Good explanation of how bond funds don't get crushed in rising rate environment

feh wrote:
Thu Nov 08, 2018 11:44 am
I own 2 "total bond" funds, both currently down about 2.5% for the year (nominal).

Looks like this is gonna be one of those rare years...
Yes bonds are down, but is not “crushing” to me.
by Dottie57
Thu Nov 08, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: Moving to NYC without a job
Replies: 33
Views: 4995

Re: Moving to NYC without a job

Creds do matter to many companies. The last company I worked for would not hire without creds.
by Dottie57
Wed Nov 07, 2018 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11515

Re: If expenses are low, are some of us over saving?

The thread on Baby Boomer savings brought this to mind. For a higher earning couple, assuming they’re debt free and have a paid off home at retirement, why not aim to have expenses be at/below the expected Social Security benefit? Assuming that’s ~$3k to cover property taxes, healthcare, food, tran...
by Dottie57
Wed Nov 07, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11515

Re: If expenses are low, are some of us over saving?

You didn't need to have low expenses to be over saving. Once I realized how much we'll probably have in retirement, I decided to loosen the purse strings a bit. That does create some internal conflict. For example, when hiring a piano teacher for my daughter, I'm pretty sure I can knock off about 1...
by Dottie57
Wed Nov 07, 2018 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: How high can House prices go
Replies: 41
Views: 4703

Re: How high can House prices go

Prettybogle,

This thread is from the forum during April 2018

viewtopic.php?f=2&t=248214&p=3902780#p3902780

I am curious as to-why you decided to purchase. Did something in your circumstances change?