Search found 305 matches

by onthecusp
Mon Dec 18, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: What is a Reasonable Retirement Cost of Living?
Replies: 32
Views: 3137

Re: What is a Reasonable Retirement Cost of Living?

... kicking the kids off the cell phone plan ... Our young adults are still on our plan. It's cheaper for them to pay us than to get a separate. I just send a payment request in Venmo when I get the bill. If DS's usage exceeds the plan, he gets to pay the entire over charge. Yes, that could work. I...
by onthecusp
Fri Dec 15, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Two commas, I'm calling it
Replies: 20
Views: 4505

Re: Two commas, I'm calling it

Excellent. Great explanation and well done. Hope you and your wife are very happy.
by onthecusp
Fri Dec 15, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Question About TIPs and TIP Funds
Replies: 42
Views: 1316

Re: Question About TIPs and TIP Funds

dbr thanks for that summary. The distinction between expected and unexpected inflation was an eye opener.
by onthecusp
Thu Dec 14, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: How much did you contribute to your 401k in 2017?
Replies: 117
Views: 6667

Re: How much did you contribute to your 401k in 2017?

24,000 plus employer match (6%), plus employer contribution (4%).
by onthecusp
Thu Dec 14, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: What is a Reasonable Retirement Cost of Living?
Replies: 32
Views: 3137

Re: What is a Reasonable Retirement Cost of Living?

Absolutely a personal number, and for my part hard to estimate even just a year or two out. I'm look at a range from 90k to $120k. Low to high is basically dependent on controlling simple discretionary costs such as eating out at nice restaurants a lot vs. once a month, renegotiating cable / insuran...
by onthecusp
Thu Dec 14, 2017 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: I’ve made huge errors and hope it’s not too late
Replies: 35
Views: 4652

Re: I’ve made huge errors and hope it’s not too late

Many people here never feel good about the markets. Either they just went down (who wants to buy into poor performance) or they just went up (nothing goes up forever). Most people here are in the market all the time. A saying you will run into is: Time in the market, not timing the market. You have ...
by onthecusp
Wed Dec 13, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable vs. Tax Deferred - not much difference?
Replies: 38
Views: 2368

Re: Taxable vs. Tax Deferred - not much difference?

What is your marginal tax bracket? What tax bracket to you plan to be in when you retire? The nice thing about 401k (and other deferred vehicles) is that they reduce your taxes at your marginal rate. So if you are in the 33% bracket, You are saving $330 in taxes for each $1000 you invest as long as...
by onthecusp
Mon Dec 11, 2017 9:47 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 6281

Re: Snow Tires? Worth it?

Modern snow tires don't just help in deep snow, they grip on ice better than all season/summer tires. With AWD the improvement will be mostly in corner traction and stopping. There is no magic, if you are not used to snow, take it easy. AWD will get you going better than most cars but it won't help ...
by onthecusp
Mon Dec 11, 2017 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: mutual fund picks for retirement hold long term
Replies: 4
Views: 426

Re: mutual fund picks for retirement hold long term

With 20 years ahead of you, I believe you could do a little better using Small / Value index funds. This is just around the edges of a solid broad index base investments in index funds where the ER is less than 0.1%; often as low as 0.05%. Search the site for "small value tilt". Good index funds for...
by onthecusp
Mon Dec 11, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: mutual fund picks for retirement hold long term
Replies: 4
Views: 426

Re: mutual fund picks for retirement hold long term

At first I thought just index the market with lowest expense ratio fee, but it seems I'm selling myself way short when looking at these 5/10 Yr (Annualized) returns. Did you know 5 / 10 years ago that these were the correct funds that would beat the market? Past returns do not guarantee future resu...
by onthecusp
Mon Dec 11, 2017 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Does a tilt toward consumer staples make sense?
Replies: 15
Views: 844

Re: Does a tilt toward consumer staples make sense?

Back when I tried trading I looked into seasonality in the form of different sectors "should" tend to do better/worse at different times in the market cycle. It is all an attempt at "mechanical" market timing and is not of the same ilk as the usual tilts discussed here. It looked very attractive in ...
by onthecusp
Mon Dec 11, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 80
Views: 7770

Re: Done gone and did it

Congratulations! :sharebeer
by onthecusp
Mon Dec 11, 2017 11:43 am
Forum: Investing - Theory, News & General
Topic: After a 2- or 3-fund solution, the rest is withdrawals and world events
Replies: 17
Views: 1797

Re: After a 2- or 3-fund solution, the rest is withdrawals and world events

I will edit a lengthy reply/rant and say this: I strongly believe that any situation that arises that cause the 3.5-4% "rule" to go out the window will also mean that your 2% rule won't work, either. +1 It occurred to me that I would consider investing in gold and ammo with part of my assets for su...
by onthecusp
Sun Dec 10, 2017 5:11 pm
Forum: Investing - Theory, News & General
Topic: "The Modern Corporation and the Public Interest" by John C. Bogle
Replies: 13
Views: 1041

Re: "The Modern Corporation and the Public Interest" by John C. Bogle

Finally, I confess my surprise (and disappointment) that the growth of TIFs—typically bought and held by passive investors for the long-term—has been eroded by the intercession of ETFs—typically traded in the short term by active investors—often focused on the short-term. My long experience in mutu...
by onthecusp
Fri Dec 08, 2017 12:04 pm
Forum: Personal Consumer Issues
Topic: Need a history atlas or book of maps
Replies: 7
Views: 438

Re: Need a history atlas or book of maps

Sounds fascinating. I love reading histories like that and correlating with locations.

Unfortunately I can't really help, other than to say my method when I read the Peloponnesian War by Thucydides was to use google, google images etc.
by onthecusp
Fri Dec 08, 2017 11:51 am
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 102
Views: 7763

Re: Call the top! - Bitcoin

$55,000
by onthecusp
Thu Dec 07, 2017 5:11 pm
Forum: Personal Consumer Issues
Topic: sharing cost of tree cutting
Replies: 31
Views: 1603

Re: sharing cost of tree cutting

I believe that dangerous situations are more nuanced and dependent on state law e.g. rotten limbs. But here it should be entirely up to him. Cutting those branches will not help much if the wind is blowing anyway. He has a right to cut them back to the property line in a manner that does not hurt yo...
by onthecusp
Thu Dec 07, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: First post from this retiree with questions - my daughter sent me here!
Replies: 34
Views: 3864

Re: First post from this retiree with questions - my daughter sent me here!

Just agreeing with everyone here. I can be king of the complicated answers but for contrast: You are in great shape given your current spending habits. Start taking an extra $1000/month from your IRA and adding it to savings. Spend like you do now, but don't put off those dinners if you don't want t...
by onthecusp
Thu Dec 07, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: How do you know you are FI? [Financially Independent]
Replies: 48
Views: 3846

Re: How do you know you are FI? [Financially Independent]

I try to be careful not to layer one safety margin onto another. For a round number example. I think 4% (25x) is a good number to use for 30 year planning. I think all expenses will be about 100,000. I think SS will provide 40,000 starting now. I need 25 x 60,000 = 1,500,000. My safety margin is tha...
by onthecusp
Tue Dec 05, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: Smooth Glide Paths with Logistic Functions
Replies: 5
Views: 354

Re: Smooth Glide Paths with Logistic Functions

I have no intention of going as low as 20% equities. I could see dipping to 40% early in retirement then rising from there if equities continue to perform.
by onthecusp
Mon Dec 04, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage is About To Be Paid - I'm Scared!
Replies: 43
Views: 5685

Re: Mortgage is About To Be Paid - I'm Scared!

Do you have 25-30 times your remaining expenses in those retirement / financial independence accounts?

If not you have not won yet! :twisted:

There, I bet you feel better already. :D
by onthecusp
Fri Dec 01, 2017 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Have you moved to ETF's? Why or why not?
Replies: 33
Views: 2308

Re: Have you moved to ETF's? Why or why not?

I have both Funds and ETFs. The ETFs are because they seem to be the lowest cost way to get certain 'slices' of the market I was looking for. I'm happy with both and feel they are basically interchangeable although looking at daily performance is more confusing with funds though equally meaningless.
by onthecusp
Fri Dec 01, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10437

Re: Price of haircut?

$12, occasional tip. MCOL.

I think a big part of the price spread of commercial haircuts are state licencing laws. Round here I think anyone who wants to cut hair can.
by onthecusp
Thu Nov 30, 2017 6:17 pm
Forum: Investing - Theory, News & General
Topic: Rolling Returns: A Powerful Analytical Tool
Replies: 24
Views: 1743

Re: Rolling Returns: A Powerful Analytical Tool

I think it is pretty interesting and yes, from a general point of view I think it validates my decision to have a small tilt towards small cap value. But from the standpoint of keeping my emotions in check, I'm more with Earl. I rebalance with additional money and while I might vaguely realize that ...
by onthecusp
Thu Nov 30, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: May you rebalance before the correction and...
Replies: 24
Views: 2745

Re: May you rebalance before the correction and...

Newbie here.My wife and me started investing at the beginning of this year and I currently have 3 funds with 50 %US,30% International,15% Bond,5% cash. Currently we take $1000 and we put $500 into US Index,$300 into International Index,$150 into Bond and $50 into cash settlement funds. We will use ...
by onthecusp
Thu Nov 30, 2017 4:03 pm
Forum: Investing - Theory, News & General
Topic: What can we learn from BitCoin’s surge?
Replies: 37
Views: 3159

Re: What can we learn from BitCoin’s surge?

I was a dot com millionaire in '99 or early 2000, in one stock from a $12,000 investment. The run up and back down lasted all of a couple of hours. I was diversified in other things, but it negatively impacted my trading / speculation tendencies for years and I'm still not quite a millionaire for re...
by onthecusp
Thu Nov 30, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16302

Re: Anyone tired of the stock market going up?

We should not be concerned with long bull markets. How the heck would we get some supposed average return in stocks that are better than average returns in bonds any other way? +1. Totally agree. There's a reason the average is 9% in equities over the life of the markets. Some years just have outsi...
by onthecusp
Thu Nov 30, 2017 2:37 pm
Forum: Personal Consumer Issues
Topic: Safes
Replies: 31
Views: 2026

Re: Safes

denovo wrote:
Thu Nov 30, 2017 2:29 pm
GmanJeff wrote:
Thu Nov 30, 2017 1:55 pm
My goal is to delay rather than necessarily defeat any burglary attempts (

How does a safe delay them? They don't need to unlock it while on the premises. They can take it with them.
You bolt them down from inside. Still not a huge delay.
by onthecusp
Thu Nov 30, 2017 2:32 pm
Forum: Investing - Theory, News & General
Topic: How your FA, insurance agent, your community reacts when you show your financial knowledge?
Replies: 39
Views: 4599

Re: How your FA, insurance agent, your community reacts when you show your financial knowledge?

About a year ago I closed out a small WL policy that my parents bought me as a infant. Years of entering tiny amounts on my annual taxes. I was keeping it out of laziness and nostalgia. I knew it was not a good deal, but it paid for itself so it was easy to ignore. Moving towards simplification of m...
by onthecusp
Thu Nov 30, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16302

Re: Anyone tired of the stock market going up?

We should not be concerned with long bull markets. How the heck would we get some supposed average return in stocks that are better than average returns in bonds any other way? +1. Totally agree. There's a reason the average is 9% in equities over the life of the markets. Some years just have outsi...
by onthecusp
Thu Nov 30, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Fi-re and pensions / SS (early retirement)
Replies: 12
Views: 1304

Re: Fi-re and pensions / SS (early retirement)

We are saving and investing ±50% of our income per year. Because of this we likely will be Financially Independent prior to our planned pension eligible retirement age of 55. Atleast that is my hope. If you can continue with 50% that is likely. Most people I work with completely rely on their pensi...
by onthecusp
Wed Nov 29, 2017 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16302

Re: Anyone tired of the stock market going up?

We should not be concerned with long bull markets. How the heck would we get some supposed average return in stocks that are better than average returns in bonds any other way?
by onthecusp
Wed Nov 29, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Invest or pay off mortgage?
Replies: 77
Views: 6125

Re: Invest or pay off mortgage?

You are doing so well for your age that there is no wrong answer. 25 years more of mortgage payments puts you at 70 and that worries me because it is too similar to my own situation. My mortgage will be paid just a couple years before 70 and I would be so much more comfortable retiring now (at 60) o...
by onthecusp
Wed Nov 29, 2017 11:47 am
Forum: Personal Consumer Issues
Topic: Buying a dishwasher
Replies: 54
Views: 3530

Re: Buying a dishwasher

Just a note on Bosch. There is surprisingly little difference, IMHO, between the 300, 500, and 800 series as far as the main washing mechanisms are concerned. Third rack or not, a tiny difference in sound rating, and then various choices in trim, handles, controls location, many of the options are a...
by onthecusp
Wed Nov 29, 2017 10:56 am
Forum: Personal Finance (Not Investing)
Topic: When to tell the SO about my financial situation?
Replies: 109
Views: 5524

Re: When to tell the SO about my financial situation?

...money you make...how much money... have money...much money ...piss away money.. if you have money,... guy with money... girl just wants me for my money...about the money etc etc. I took the liberty of condensing the essence of your post. :shock: It probably will be important for you to have a ma...
by onthecusp
Wed Nov 29, 2017 10:23 am
Forum: Personal Finance (Not Investing)
Topic: When to tell the SO about my financial situation?
Replies: 109
Views: 5524

Re: When to tell the SO about my financial situation?

The "number" hardly matters. The key part of the conversation is your goals for the savings, the fact that it took a lot of work to get it there, and that it is (probably) not something to be spent directly, rather something that spins off more income, that currently you choose to reinvest, or maybe...
by onthecusp
Wed Nov 29, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: When to tell the SO about my financial situation?
Replies: 109
Views: 5524

Re: When to tell the SO about my financial situation?

I'm not sure that the poking around is such a red flag given the 7 months living together and the openness about her finances (sort of a one way street so far, don't you think?). It is great that you two can talk about finances in such a factual way.

Now do it.
by onthecusp
Tue Nov 28, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 138
Views: 13082

Re: FIRE [financial independence/retire early]

I don't have anything to add to the health care forecasts, but I think the general idea of early Financial Independence, 25x basic expenses (including current healthcare costs), and supplementing that with income producing activities that you prefer to "normal jobs" is a great concept. I will probab...
by onthecusp
Tue Nov 28, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Job interviewing - "do you have any other interviews or leads?"
Replies: 35
Views: 4190

Re: Job interviewing - "do you have any other interviews or leads?"

If you have that other offer then definitely give them a deadline based on that. But don't make up an offer that is not there, white lies are just as hard to maintain through a bit of conversation as bad ones. Letting them follow their process is not necessarily your best chance though: 1. they coul...
by onthecusp
Tue Nov 28, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Inheriting a large sum, slightly intimidated.
Replies: 51
Views: 5158

Re: Inheriting a large sum, slightly intimidated.

Great advice above. Just wanted to add that one way to think about this new sum is not that you have $2MM but that, properly invested, you have access to an ongoing $80,000/year or so (4% of $2MM). You got a nice, even huge, raise but now you can decide what to do with that. Spend a little, reinvest...
by onthecusp
Tue Nov 28, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: How much do you have in your taxable account?
Replies: 23
Views: 2144

Re: How much do you have in your taxable account?

Nearing retirement and the concept of a substantial taxable account is pretty new to us. Started maxing out tax advantaged accounts early (at your age). Went into debt and came out of debt, now just a mortgage. In the last few years my income has risen substantially and DW has worked more consistent...
by onthecusp
Mon Nov 27, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Unclaimed property
Replies: 31
Views: 4320

Re: Unclaimed property

Well it appears the DW and I have about $190 coming! Thanks for the link! :D It got me thinking, about 30 years ago I lost track of a safe deposit box after a move. It was back when such boxes were cheap and I don't think I had much of anything important in it. Never the less is there any similar tr...
by onthecusp
Mon Nov 27, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Etiquette of converting to exempt status
Replies: 18
Views: 1423

Re: Etiquette of converting to exempt status

You don't want to be the last one out of this situation. Shifts are unfilled because they don't pay enough. Now they are cutting pay. Sounds like a company in trouble. I'm with your wife. There is nothing inherently bad about exempt status as long as the overall compensation meets what you can achie...
by onthecusp
Tue Nov 21, 2017 4:57 pm
Forum: Personal Consumer Issues
Topic: Anyone "re-door" their kitchen cabinets?
Replies: 13
Views: 1559

Re: Anyone "re-door" their kitchen cabinets?

Our doors had rectangular molding in a configuration that allowed us to: 1. Trim the molding to a new look 2. cut bead-board rectangles to fit, 3. glue them in place, 4. caulk the edges, 5. repaint 6. added new hardware. It is a huge kitchen, more than 30 doors and drawers. It looks fantastic, like ...
by onthecusp
Tue Nov 21, 2017 1:08 pm
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 50
Views: 10456

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

The site that was lifted from "Howmuch.net" has a bunch of interesting if questionable comparisons. Good for hours of pondering. :D
by onthecusp
Mon Nov 20, 2017 3:46 pm
Forum: Personal Consumer Issues
Topic: Drive it till it dies. It died.
Replies: 54
Views: 6213

Re: Drive it till it dies. It died.

As "Goal33" said, the vehicle with worthless except as spare parts if it doesn't move. Call your local, independent transmission shops and get their opinion. You may have to put a few thousand into it in order to sell it for a reasonable price. You can get a used transmission on eBay for around $97...
by onthecusp
Mon Nov 20, 2017 10:50 am
Forum: Personal Consumer Issues
Topic: Temperature setting for radiant floor heat
Replies: 13
Views: 1187

Re: Temperature setting for radiant floor heat

We installed a very similar system in an older house that we previously lived in. Loved it. Before we had a single old fashioned radiator in the kitchen and essentially un-insulated breakfast nook. It was a large kitchen and with the floor heat it was very comfortable. The nook had the floor heat to...
by onthecusp
Mon Nov 20, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: what should I change??
Replies: 13
Views: 1339

Re: what should I change??

Overall I think you're doing well versus your income and apparent spending. You could save more if you plan to try retiring early (e.g. at 55). But even that is probably possible at your current savings rate if you keep your spending expectations flexible after that. If you really want to try real e...
by onthecusp
Thu Nov 16, 2017 5:38 pm
Forum: Investing - Theory, News & General
Topic: Fixed percentage withdrawal of maximum portfolio value?
Replies: 14
Views: 1214

Re: Fixed percentage withdrawal of maximum portfolio value?

OP was talking about a percentage of the highest balance and not lowering the withdrawal amount if the balance goes down (something he wants to avoid, impossible to avoid in years of near zero or negative moves in the market). On that basis, assuming a 30 year retirement, I see a comparison with the...
by onthecusp
Mon Nov 13, 2017 12:20 pm
Forum: Investing - Theory, News & General
Topic: Value, and Slice and Dice - How Much?
Replies: 6
Views: 809

Re: Value, and Slice and Dice - How Much?

The error would be in buying say Small-Value, comparing the performance with Total Stock Market, and calling any difference tracking error. Tracking error, as a term, should be reserved for how well a fund/ETF that claims to track an index does so. It is a day to day, month to month, year to year, o...