Search found 739 matches

by CULater
Wed Feb 21, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: Anyone have vision problems following cataract surgery?
Replies: 3
Views: 306

Anyone have vision problems following cataract surgery?

I had cataract surgery about 4 months ago in one eye and 3 months since the second eye. Had the toric implants done to correct for astigmatism. My vision has not returned to normal. I have a lot of floaters in both eyes and I can't tell if the problem is this or if there is something wrong with the ...
by CULater
Wed Feb 21, 2018 3:50 pm
Forum: Personal Consumer Issues
Topic: Gifting to Parent who might need Medicaid Nursing Home
Replies: 18
Views: 1543

Re: Gifting to Parent who might need Medicaid Nursing Home

My mother currently has to spend around $40K of her own money per year on top of her social security and a small pension. If your mother's expenses for assisted living are similar, and she has to enter a facility soon, it sounds like she would have enough for about six years or so. So, she might we...
by CULater
Tue Feb 20, 2018 11:33 pm
Forum: Personal Consumer Issues
Topic: Gifting to Parent who might need Medicaid Nursing Home
Replies: 18
Views: 1543

Re: Gifting to Parent who might need Medicaid Nursing Home

The dilemma that might have to be faced occurs when an elder begins to run out of money. That either means that family will have to assume the financial burden, if they can, or Medicaid comes into play. The problem with Medicaid is that the person needs to be in a Medicaid certified facility, and fo...
by CULater
Mon Feb 19, 2018 11:15 pm
Forum: Personal Consumer Issues
Topic: Gifting to Parent who might need Medicaid Nursing Home
Replies: 18
Views: 1543

Re: Gifting to Parent who might need Medicaid Nursing Home

We will not be gifting her money to heirs to accelerate burndown and want her to pay as best she can. The money is there for her to use for her end of life care, her heirs don't need it. Also I don't mind contributing to her living expenses. If she passes on before her funds are depleted I'll get m...
by CULater
Mon Feb 19, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: Gifting to Parent who might need Medicaid Nursing Home
Replies: 18
Views: 1543

Re: Gifting to Parent who might need Medicaid Nursing Home

Addressing your question, your annual gift is discretionary so it seems to me that you can choose to modify or completely stop providing that to her at any time. It is not a regular source of income to her, such as social security, pension, etc. So I don't see how that amount would become a problem ...
by CULater
Mon Feb 19, 2018 12:13 am
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 102
Views: 8792

Re: Single People and Retirement Question

Dear itiswhatitis, Thanks to you for your wonderful, thoughtful post. There's a lot of good information and advice there from someone who has obviously planned and made the effort to put themselves into the game. I especially like the fact that you really jumped right in there with some things, not ...
by CULater
Sun Feb 18, 2018 9:42 pm
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 102
Views: 8792

Re: Single People and Retirement Question

I am really enjoying all the ideas being posted and hearing from others how they are going about meeting the challenge of being single, retired, growing older. It is especially encouraging to hear people say they are surviving and even thriving living alone. Hope that the posts will keep coming in.
by CULater
Sun Feb 18, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 102
Views: 8792

Re: Single People and Retirement Question

Yes, I'm an introvert also. Have lived all my life solo and been pretty happy doing it -- at least the living alone part. But I have to warn you that it could change as you age. It has for me. Being an introvert, I never put myself out to make friends. Had a few here and there. Now I find that life ...
by CULater
Sun Feb 18, 2018 12:48 pm
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 102
Views: 8792

Re: Single People and Retirement Question

Not intending to be sexist, and there are plenty of exceptions to this. My observation has been that senior single women have a gigantic advantage over senior single men. In my experience, the women I know socialize with one another constantly, they are joiners and doers. They are able to share feel...
by CULater
Sun Feb 18, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 102
Views: 8792

Re: Single People and Retirement Question

I've spent many years coming to Sun City, AZ as a snowbird and have seriously looked into full-time living here. But, I've found senior retirement communities like this to be enormously vacuous for someone like me. Most of the population seems to be attracted to the American lifestyle of material, s...
by CULater
Fri Feb 16, 2018 2:07 pm
Forum: Personal Consumer Issues
Topic: Can I track a friend's trip on my Windows computer?
Replies: 12
Views: 1279

Re: Can I track a friend's trip on my Windows computer?

Just finished the trip and Glympse worked great. Bring it up on cellphone each morning and send invites to people who were tracking. Set them up as favorites which makes it quick and easy to do. 12 hour max tracking time, which was plenty each day. All they have to do is click on the Glympse link in...
by CULater
Sun Feb 11, 2018 8:48 pm
Forum: Personal Consumer Issues
Topic: Can I track a friend's trip on my Windows computer?
Replies: 12
Views: 1279

Re: Can I track a friend's trip on my Windows computer?

Would like to be able to use the phone with Android Auto at the same time, but it looks like Android Auto pre-empts the phone and cannot also run the Glympse app at the same time. What if you set up the Glympse sharing, then leave it running in the background while connecting to Android Auto? I hav...
by CULater
Sun Feb 11, 2018 4:28 pm
Forum: Personal Consumer Issues
Topic: Can I track a friend's trip on my Windows computer?
Replies: 12
Views: 1279

Re: Can I track a friend's trip on my Windows computer?

Only thing I've noticed so far is that it defaults to 15 minutes of sharing location and you have to tediously increase that in 15-minute intervals. I'd like to be able to more directly select the time; usually it would be about 12 hours to allow viewing location during the full day of travel. To q...
by CULater
Sun Feb 11, 2018 10:53 am
Forum: Personal Consumer Issues
Topic: Can I track a friend's trip on my Windows computer?
Replies: 12
Views: 1279

Re: Can I track a friend's trip on my Windows computer?

Have your friend install the "glympse" app on his phone and send you a glympse invite by email, specifying a length of time the glympse is valid for (I think the maximum is 12 hours at a time). You should be able to see his location/movement on your web browser without having to do anything special...
by CULater
Sun Feb 11, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 102
Views: 8792

Re: Single People and Retirement Question

Glad you started this thread. I am in your situation flashed forward. My background was academics and research also, so I'm the introverted cerebral type. Retired, getting old, and single. Had a long term relationship but she decided to demote me to "friend" status, while I desire to have a full-tim...
by CULater
Sat Feb 10, 2018 10:46 pm
Forum: Personal Consumer Issues
Topic: Can I track a friend's trip on my Windows computer?
Replies: 12
Views: 1279

Can I track a friend's trip on my Windows computer?

I'd like to be able to track my friend's auto trip on my Win7 computer, via his Android cellphone. Is there some sort of application or website that can be used to do this? Does he have to be running some sort of app on his cellphone and what do I need to do on my Win7 computer?
by CULater
Sat Feb 10, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

Then of course there are I-Bonds. They seem to solve the problem of providing point-in-time inflation protection w/o the term risk problem to manage. If you could just get enough money into them. If you start early enough you could get couple hundred K in them by the time you retire. Not great but m...
by CULater
Sat Feb 10, 2018 4:00 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

Here is another problem with using income generated from duration matched bonds beyond age 85. Is it really a good idea to plan for you or your spouse to be managing a bond ladder or duration matched bond funds beyond age 88? I certainly don't think that's a good idea. :( BobK Couldn't agree more. ...
by CULater
Sat Feb 10, 2018 1:26 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

Bob - what about the problem of inflation if you have abandoned TIPS for annuities at age 85? I'd hate to get caught by an unexpected spike in inflation at that stage of life.
by CULater
Sat Feb 10, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

Thanks BobK again for the valuable information. In reading the article: "A Three Fund Portfolio tailored for stable retirement spending" which seems to be authored by you, I note that you advise using TIPS out to about age 85 and then using an SPIA from that point as less expensive longevity insuran...
by CULater
Sat Feb 10, 2018 10:19 am
Forum: Personal Consumer Issues
Topic: My Mac Pro has gotten gigantically slow online: meltdown $ spectre?
Replies: 19
Views: 2246

Re: My Mac Pro has gotten gigantically slow online: meltdown $ spectre?

Thanks to all the posters. There is a wealth of information here. I have had some personal things to take care of and haven't had much time to start stepping through the various suggestions that have been kindly provided. I will do that and post back the results. The Mac is only about a year old and...
by CULater
Sat Feb 10, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

I'm retired but have kept the bulk of my tax-advantaged assets in TIAA Traditional. Was very interested in BobK's post that TIAA offers something like DFA's liability matching retirement income option. I sent an email message to TIAA and was told that I could move money into that, called Targeted In...
by CULater
Thu Feb 08, 2018 9:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5598
Views: 1264046

Re: U.S. stocks in freefall

No one rings a bell when the market turns like it did a couple of weeks ago.
I rang a bell -- you didn't hear it? Oh, Wait. That was just the sound my head made when I banged it into the liftgate on my vehicle. Guess I should have sold.
by CULater
Thu Feb 08, 2018 9:42 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

This seems complex. I readily admit that this is something most individual investors are not capable of doing. OTOH, it is not mind-numbingly complex if you understand basic finance. (You've mastered a beginning finance course at the undergrad level.) I want $10,000/yr for the next 15 years. How mu...
by CULater
Thu Feb 08, 2018 6:11 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5598
Views: 1264046

Re: U.S. stocks in freefall

Marking the Top:

“We are in this Goldilocks period right now. Inflation isn’t a problem. Growth is good, everything is pretty good with a big jolt of stimulation coming from changes in tax laws”

“If you’re holding cash, you’re going to feel pretty stupid”

~ Ray Dalio
by CULater
Thu Feb 08, 2018 5:30 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

If I know I want to have $1,000 in 5 years, then I could purchase a zero-coupon bond with a face value of $1,000 that matures in 5 years - this is the cash flow matching method. Or I could put $1,000 into a bond fund with a duration of 5 years, and it should be worth $5,000 in 5 years regardless of...
by CULater
Thu Feb 08, 2018 5:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5598
Views: 1264046

Re: U.S. stocks in freefall

Hey, I just figured out how to get to $100,000 in the market easy peasy ..... invest $110,000 :oops:
by CULater
Wed Feb 07, 2018 7:02 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

OMG, BobK. You are a fountain of information about liability matching. I feel like I should be paying for this (but not sure if my liability spending plan will allow it). :D

Also grateful to #Cruncher and the other posters, all of whom have probably forgotten more than I know...
by CULater
Wed Feb 07, 2018 6:33 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

I still don't understand for DIY if I should be taking out the periodic withdrawals as the same nominal amounts each time. That really doesn't make sense to me, since the objective is to match spending liabilities that will change based on inflation. If I wanted to provide $1,000 per year starting n...
by CULater
Wed Feb 07, 2018 6:17 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

TIAA is implementing the DFA strategy beyond simply target date funds. However, I think that strategy is also only available to clients in tax advantaged retirement accounts such as 401ks and 403bs. Well, that's an interesting tidbit. I'm retired and no longer working, but most of my retirement mon...
by CULater
Wed Feb 07, 2018 5:41 pm
Forum: Investing - Theory, News & General
Topic: Stock Market Didn't Get Tested You Did - WSJ Zweig
Replies: 20
Views: 3754

Re: Stock Market Didn't Get Tested You Did - WSJ Zweig

Anyone who thinks this little 2-day drop was any kind of "test" of their risk tolerance is just plain deluded. I'd guess that most of the bozos running around out there didn't even notice it until it was over. Think about a grinding 50%+ loss in your equity portfolio that doesn't end for months or ...
by CULater
Wed Feb 07, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

You can do cash flow matching with a bond ladder. You can do duration liability matching with a bond ladder or bond funds. Most bond laddering done by professionals is done through duration matching. I would guess that most individual investors don't use ladders for duration liability matching, but...
by CULater
Wed Feb 07, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

I'm homing in on it. Here's my current understanding. It seems there are two approaches to liability matching using bonds. The purpose of both is to eliminate or minimize term risk; the impact of interest rate changes on the value of the held securities. The first is called Cash Flow Matching. This ...
by CULater
Wed Feb 07, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: Stock Market Didn't Get Tested You Did - WSJ Zweig
Replies: 20
Views: 3754

Re: Stock Market Didn't Get Tested You Did - WSJ Zweig

Anyone who thinks this little 2-day drop was any kind of "test" of their risk tolerance is just plain deluded. I'd guess that most of the bozos running around out there didn't even notice it until it was over. Think about a grinding 50%+ loss in your equity portfolio that doesn't end for months or y...
by CULater
Wed Feb 07, 2018 3:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5598
Views: 1264046

Re: U.S. stocks in freefall

Wily Mr. Market is setting us up. Giving us a good scare and crying "wolf" with these sharp drops and then whiplashing back up. So, the next time we'll all be sitting there smiling and rebalancing into equities like crazy people waiting for the snapback. Then the bottom will drop out and we'll all h...
by CULater
Wed Feb 07, 2018 2:50 pm
Forum: Investing - Theory, News & General
Topic: Stealing from the kids for our retirement [High valuations => depressed future returns expectations]
Replies: 54
Views: 5315

Re: Stealing from the kids for our retirement [High valuations => depressed future returns expectations]

The other thing the young-uns need to worry about is living too long. I think I heard that half the people being born today are expected to live to age 100+. Dropping dead before that is a key part of my retirement spending plan. :shock:
by CULater
Wed Feb 07, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

THANK YOU #Cruncher for all the work put into creating the illustration. I've studied it a couple times and admit I'll have to spend some more time digesting it. One question: are all the withdrawals and exchanges for rebalancing in real dollars, since you've assumed 0% real yields? Does that mean t...
by CULater
Wed Feb 07, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: Stealing from the kids for our retirement [High valuations => depressed future returns expectations]
Replies: 54
Views: 5315

Re: Stealing from the kids for our retirement [High valuations => depressed future returns expectations]

If returns are low for a while, then valuations will go down, and the cycle will begin again with high returns. This is not necessarily true, in the sense there are scenarios where it doesn't play out as you have described it. Maybe a case could be made that the next 5-10 years will have low return...
by CULater
Wed Feb 07, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 4 Horsemen Of Your Portfolio
Replies: 108
Views: 10324

Re: Larry Swedroe: 4 Horseman Of Your Portfolio

This article spells out the stark truths about the road ahead for seniors. We're going to live too long and need too much expensive care, and we're not going to earn the kind of returns that people are expecting from our investments. There will be some who have sense enough to take this seriously an...
by CULater
Wed Feb 07, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

BobK - would you be able to address this earlier query of mine regarding how to liquidate the funds when taking a distribution? So, would you simply liquidate ST and LT proportionally, regardless of rates and changes in NAV, whenever you take a distribution and then maintain a regular duration-matc...
by CULater
Wed Feb 07, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

I still don't get it. If I split my investment between a TIPS fund with a 2-year duration and a fund with a 20-year duration, how is that different from just owning a fund with the average duration of 11 years? Then if I systematically reduce the average duration each year by changing the relative w...
by CULater
Tue Feb 06, 2018 11:18 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Seeing Valuations Clearly
Replies: 1
Views: 612

Swedroe: Seeing Valuations Clearly

With the Shiller CAPE 10 ratio having risen above 34, more and more investors are becoming worried about both the outlook for future equity returns and the possibility of mean reversion in valuations, which could lead to a bear market. While U.S. equity valuations clearly are at historically high l...
by CULater
Tue Feb 06, 2018 10:56 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

Plus another thought. If I own TIPS in a short-term fund and a long-term fund, and I am systematically shortening the duration over time, doesn't that mean that I'll mostly be liquidating shares of the long-term TIPS fund? But that's not a great idea it seems to me, because the long term fund is mos...
by CULater
Tue Feb 06, 2018 10:51 pm
Forum: Investing - Theory, News & General
Topic: Stealing from the kids for our retirement [High valuations => depressed future returns expectations]
Replies: 54
Views: 5315

Re: Stealing from the kids for our retirement

Well, I've heard the thesis that those in retirement are going to be net sellers of equities as they finance their cost of living. Some have suggested that this will tend to bring down the price of equities, as the ratio of sellers to buyers shifts toward the sellers. By contrast, the sellers have b...
by CULater
Tue Feb 06, 2018 9:51 pm
Forum: Personal Consumer Issues
Topic: Want a Safe Car, Feel Guilty
Replies: 72
Views: 5166

Re: Want a Safe Car, Feel Guilty

Like most older folks, I am more challenged by night driving. The IIHS is now testing and reporting on headlight performance for current and recent vehicles. For example, here's the page for the 2016 Camry. http://www.iihs.org/iihs/ratings/vehicle/v/toyota/camry-4-door-sedan/2016 For my recent purch...
by CULater
Tue Feb 06, 2018 9:22 pm
Forum: Investing - Theory, News & General
Topic: Stealing from the kids for our retirement [High valuations => depressed future returns expectations]
Replies: 54
Views: 5315

Stealing from the kids for our retirement [High valuations => depressed future returns expectations]

Jonathan Clements points out that investing might not be as good a deal for our offspring. Oh well, we'll probably leave a good portion of our egg to them (unless we end up in long term care). :confused IT’S BEEN A ROUGH WEEK for stocks, but a great 30 years. Result: My generation has earned stock r...
by CULater
Tue Feb 06, 2018 9:13 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

Can you explain the calculation of "Duration of spending" or, why is it 20/2"? This is something that took a while to click in my brain. What BobK is saying is based on the very definition of duration. If I look at the Wikipedia article (https://en.wikipedia.org/wiki/Bond_duration), it states, "the...
by CULater
Tue Feb 06, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4668

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

I'm still pondering this method, which basically seems to be a strategy for "simulating" a bond ladder with a sliding "duration targeting" approach that utilizes a short-term and a long-term bond fund. You simply ratchet down the average duration of the two funds to match your year-by-year spending ...
by CULater
Tue Feb 06, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5598
Views: 1264046

Re: U.S. stocks in freefall

Up nearly 500 at end of day. Whaaaatttt!
by CULater
Tue Feb 06, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5598
Views: 1264046

Re: U.S. stocks in freefall

Keep an eye on today - a doozy might be on the way. Of course it could be an UP doozy, I guess. Utilizing a duration model we found that extreme movements can, to some extent, be predicted on the basis of unusually large movements in preceding periods. One particularly robust finding is that extreme...