Search found 23 matches

by Retired CPA
Mon Oct 21, 2019 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: OpenSocialSecurity.com
Replies: 7
Views: 1554

Re: OpenSocialSecurity.com

Mike, that is so generous of you to offer to do that, and I am most appreciative of your calculator. I have entered the same inputs again this morning, and this time the recommended strategy does not reflect any suspension of my spouse's benefits, just the immediate filing for my benefits and my spo...
by Retired CPA
Sun Oct 20, 2019 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: OpenSocialSecurity.com
Replies: 7
Views: 1554

Re: OpenSocialSecurity.com

Thank you, tfb. You are indeed correct in that the NPV difference was minimal without suspending benefits. I believe that I may be starting to understand the reason for the recommended suspension of benefits. As my spouse began benefits prior to reaching her FRA, the suspension period, as short as i...
by Retired CPA
Sun Oct 20, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: OpenSocialSecurity.com
Replies: 7
Views: 1554

OpenSocialSecurity.com

I, like countless others on this forum, have benefitted from this wonderful resource to chart our claiming strategy. However, with my wife suffering a stroke in March, and with her mortality potentially affected by this, I thought it might be helpful to revisit the calculator for a likely revision t...
by Retired CPA
Thu May 02, 2019 10:03 am
Forum: Investing - Theory, News & General
Topic: VCTXX currently yields 1.9%
Replies: 5
Views: 818

Re: VCTXX currently yields 1.9%

And Municipal Money Market has an SEC yield about the same as Intermdiate-Term Tax-Exempt!
by Retired CPA
Tue Mar 05, 2019 12:52 pm
Forum: Personal Consumer Issues
Topic: Website for cruise reviews?
Replies: 6
Views: 601

Re: Website for cruise reviews?

CruiseCritic.com
by Retired CPA
Sun Feb 03, 2019 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Property Tax Question
Replies: 2
Views: 296

Re: Rental Property Tax Question

Individual taxpayers are generally on the cash (as opposed to accrual) basis of accounting. Therefore, any expenses related to that property (including property taxes, mortgage interest, etc.) that we’re paid during the period that the property was held as a rental (rented or not) should be allocate...
by Retired CPA
Sat Dec 08, 2018 6:30 pm
Forum: Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 12781

Re: 20M Inheritance - What is best option for small/no risk on principal?

The thought occurred to me that this might have been a planted thread, which I am sure is frowned upon by the community, but I still feel it has generated an informative discussion and each reader can scale it to their particular situation. I continue to be impressed by the community involvement and...
by Retired CPA
Sat Dec 08, 2018 5:35 pm
Forum: Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 12781

Re: 20M Inheritance - What is best option for small/no risk on principal?

[/quote] If I inherited $1M today, I would not need to talk to anyone; it would be invested along the BH guidlines. $20M, that’s a different story (at least for me it would be). $100M lottery win? Even more so. I’d want to know more about other investment options (i.e, real estate, business ventures...
by Retired CPA
Fri Nov 30, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Munis Increasingly Risky
Replies: 94
Views: 10239

Re: Larry Swedroe: Munis Increasingly Risky

I, too, have a significant portion of my taxable portfolio in Vanguard Intermediate-Term Tax-Exempt. However, having recently relocated to California, I am considering how much of that to deploy into California Intermediate-Term Tax-Exempt, keeping diversification of risk in focus. Thoughts?
by Retired CPA
Sat Jan 06, 2018 11:20 pm
Forum: Personal Consumer Issues
Topic: What non fiction book will you be reading in 2019?
Replies: 198
Views: 20015

Re: What non fiction book will you be reading in 2018?

cheese_breath wrote:
Wed Dec 27, 2017 8:20 pm
The Bible.
+1
by Retired CPA
Thu May 18, 2017 6:08 pm
Forum: Personal Consumer Issues
Topic: Chandler, AZ
Replies: 35
Views: 4181

Re: Chandler, AZ

Thank you for all of your replies. Here's a bit more background as to why we are zeroing in on the Chandler area. We have a son and daughter-in-law who live in Ahwatukee, and a son-in-law (with daughter and grandson) who has just accepted a position with a company in Mesa. We'd like to live near bot...
by Retired CPA
Thu May 18, 2017 9:29 am
Forum: Personal Consumer Issues
Topic: Chandler, AZ
Replies: 35
Views: 4181

Chandler, AZ

We will be relocating from South Bend, IN to the Phoenix area this summer, and I was curious if any Bogleheads could offer a recommendation to me for a real estate professional in the Chandler area who specializes in high end home rentals, as we will looking to rent for awhile while we learn the lay...
by Retired CPA
Fri Mar 10, 2017 8:31 pm
Forum: Investing - Theory, News & General
Topic: Anyone sorry they used bonds when starting out
Replies: 94
Views: 9163

Re: Anyone sorry they used bonds when starting out

I have always been invested on the more conservative end of the curve (Vanguard Index Funds since becoming a BH) and, at age 62 and retired, I have reached that part of the game where the quarterback with a substantial lead keeps the ball on the ground and ultimately takes a knee. That's where I str...
by Retired CPA
Wed Mar 08, 2017 10:36 am
Forum: Personal Investments
Topic: Individual Funds Vs. Fund of Funds
Replies: 26
Views: 1853

Re: Individual Funds Vs. Fund of Funds

Perhaps there are extra expenses in the Deferred Comp. plan that are greater for someone having several Vanguard funds vs. the single Vanguard "fund of funds" if so wouldn't savings be possible by rolling over the entire Deferred Comp. plan to an individual rollover IRA at Vanguard or some other cu...
by Retired CPA
Wed Mar 08, 2017 10:19 am
Forum: Personal Investments
Topic: Individual Funds Vs. Fund of Funds
Replies: 26
Views: 1853

Re: Individual Funds Vs. Fund of Funds

If you stick to the plan, automate your savings, and rebalance when required, you can get the best of both worlds -- lower costs, greater flexibility, and lower average cost per share. I consider myself a disciplined investor, thanks in no small part to the Bogleheads philosophy, and it is my plan,...
by Retired CPA
Wed Mar 08, 2017 9:24 am
Forum: Personal Investments
Topic: Individual Funds Vs. Fund of Funds
Replies: 26
Views: 1853

Re: Individual Funds Vs. Fund of Funds

Are you sure you calculated that correctly? LifeStrategy Moderate Growth, for example, is 0.14% expense ratio. Its components, as admiral funds, have a blended expense ratio of 0.0757% I think. The difference is 0.0643%. $7000/.000643 = over $10 million dollars. If that is what you are talking abou...
by Retired CPA
Wed Mar 08, 2017 9:11 am
Forum: Personal Investments
Topic: Individual Funds Vs. Fund of Funds
Replies: 26
Views: 1853

Re: Individual Funds Vs. Fund of Funds

This is one example of a blended fund outperforming the individual funds by far more than their cost benefits, even when allocated at the same weights. Plug in your own specifics to see what things look like. I don't know exactly why this happens, but I suspect it is due to the specifics of how and...
by Retired CPA
Wed Mar 08, 2017 9:04 am
Forum: Personal Investments
Topic: Individual Funds Vs. Fund of Funds
Replies: 26
Views: 1853

Re: Individual Funds Vs. Fund of Funds

In my limited research of how the various Vanguard blended funds do vs. their constituent parts, I often find that historically the blended funds have outperformed even accounting for their additional cost. I would look carefully at this before making this switch to save $7k. The presence of the In...
by Retired CPA
Wed Mar 08, 2017 8:50 am
Forum: Personal Investments
Topic: Individual Funds Vs. Fund of Funds
Replies: 26
Views: 1853

Re: Individual Funds Vs. Fund of Funds

The only thing to consider is if you want to/are able to rebalance in the future instead of a set it and forget it approach. And if you want to/are able to rebalance confidently, are you going to take advantage of that situation to tinker with your allocation or just get it back to where it needs t...
by Retired CPA
Wed Mar 08, 2017 8:43 am
Forum: Personal Investments
Topic: Individual Funds Vs. Fund of Funds
Replies: 26
Views: 1853

Re: Individual Funds Vs. Fund of Funds

Since it appears that these accounts are taxed only on withdrawals, I think you are not overlooking anything and should do this. You have a nice chunk of change if this switch will save $7K+ annually. At some point RMDs will come out of these accounts and be too large to spend, so you should have s...
by Retired CPA
Wed Mar 08, 2017 8:33 am
Forum: Personal Investments
Topic: Individual Funds Vs. Fund of Funds
Replies: 26
Views: 1853

Re: Individual Funds Vs. Fund of Funds

I don't understand. You are simply moving the funds to their admiral share equivalents? There's nothing wrong with that if these funds fit your needs. JT JT, thank you for your reply. The investment lineup offered to participants in the deferred comp plan includes the Vanguard LifeStrategy/Target R...
by Retired CPA
Wed Mar 08, 2017 7:22 am
Forum: Personal Investments
Topic: Individual Funds Vs. Fund of Funds
Replies: 26
Views: 1853

Individual Funds Vs. Fund of Funds

Good morning to all. I have always found this community to be tremendously helpful in providing fresh perspectives on investing decisions that I am pondering, and this is just one more such circumstance. I have an opportunity to save what appears to be in excess of $7,000 in annual fund expenses by ...
by Retired CPA
Mon Jan 30, 2017 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Donation Assistant
Replies: 13
Views: 4829

Re: TaxAct Donation Assistant

I've been using It's Deductible Online for several years now, and have been quite pleased with it. You can find it at:

https://turbotax.intuit.com/personal-ta ... deductible