Search found 193 matches

by Dinosaur Dad
Wed Jul 01, 2020 9:28 am
Forum: Personal Consumer Issues
Topic: YoutubeTV subscription now $64.99/month
Replies: 170
Views: 12886

Re: YoutubeTV subscription now $64.99/month

this is starting to defeat the purpose of cutting the cord. But YTTV's unlimited DVR is a huge thing for us - we rarely watch things live. And I do value having all the local networks in one package...but I wonder if we'll soon have to assemble all that ourselves versus getting an integrated package...
by Dinosaur Dad
Thu May 14, 2020 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: AARP now offering annuities
Replies: 11
Views: 1272

AARP now offering annuities

This is intriguing: AARP's 38 million members can now buy income annuities and fixed-rate annuities on a platform powered by fintech firm Blueprint Income. The article (link below) shows that AARP is launching a service to make these available to members. Given their size and scope, and that they're...
by Dinosaur Dad
Sat May 09, 2020 12:05 pm
Forum: Investing - Theory, News & General
Topic: Long-term planning gone awry
Replies: 34
Views: 2969

Re: Long-term planning gone awry

You plan and prepare for the unexpected. 1. Live well below your means. If you are a two-earner household, live and spend as though you are a single-income household. Living well below your means accomplishes three things. It frees up funds for you to save and invest. It allows you to weather unexp...
by Dinosaur Dad
Tue May 05, 2020 11:49 am
Forum: Personal Investments
Topic: Tell me what I don't know about retirement?
Replies: 55
Views: 5037

Re: Tell me what I don't know about retirement?

One thing I've just heard about (I'm not retired just yet): If you go to a medicare advantage plan, and later want to switch to "regular medicare" with a supplement plan, my understanding is that you are not necessarily going to be accepted e.g. if you have developed a health condition, etc. Worst c...
by Dinosaur Dad
Wed Apr 29, 2020 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Podcast - Wade Pfau: The 4% Rule Is No Longer Safe
Replies: 185
Views: 12705

Re: Podcast - Wade Pfau: The 4% Rule Is No Longer Safe

I like to always assume good intent - he has done a lot of analysis and concluded that the products that he recommends are appropriate. He is a very sharp, knowledgeable guy who can figure out which types of life insurance and annuity products are good and which are bad. I think his error is in ass...
by Dinosaur Dad
Wed Apr 29, 2020 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Podcast - Wade Pfau: The 4% Rule Is No Longer Safe
Replies: 185
Views: 12705

Re: Podcast - Wade Pfau: The 4% Rule Is No Longer Safe

I like Wade and I know he spoke at past bogleheads conferences, but I found a new piece of info on Don MacDonald's podcast last week in which he questioned any possible relationship between Wade promoting annuities to ensure a truly safe withdrawal rate and the financial institution who sponsored s...
by Dinosaur Dad
Wed Apr 15, 2020 5:18 pm
Forum: Investing - Theory, News & General
Topic: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate
Replies: 622
Views: 32010

Re: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate

I think many of us here are thinking about this issue...and that was before all of the recent market issues. We're all susceptible to market conditions...particularly low bond yields...so what are the ways to mitigate the many risks here? I think each of us has our own approach. For me, as a soon-to...
by Dinosaur Dad
Wed Apr 01, 2020 2:41 pm
Forum: Personal Consumer Issues
Topic: GOOD RX...What Is It?
Replies: 37
Views: 2953

Re: GOOD RX...What Is It?

For what it's worth...also check out Blink for prescriptions. We found it less expensive than GoodRx.
by Dinosaur Dad
Tue Mar 10, 2020 9:09 am
Forum: Investing - Theory, News & General
Topic: Are any early accumulators thankful for the current correction?
Replies: 185
Views: 10332

Re: Are any early accumulators thankful for the current correction?

So I'm a year out from retirement so I don't qualify as an "early accumulator." But what I'm thankful for is recently going to 65/35 from my recent 80/20 allocation ... at a time when everyone was so optimistic, everything's sunny, etc.etc. Because I mitigated that risk I have plenty of lower risk a...
by Dinosaur Dad
Thu Mar 05, 2020 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Am I being lead down a bad road- Fixed Index Annuities
Replies: 44
Views: 2874

Re: Am I being lead down a bad road- Fixed Index Annuities

Turn around and run. My brother in law is an annuity salesman. He has a 600k+ home, luxury cars and spends like a drunken sailor. It's very hard for me to refrain myself when he talks about hitting his year end goal so he can get a free vacation from his employer. If I open my mouth and call him a ...
by Dinosaur Dad
Sun Feb 23, 2020 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage
Replies: 2
Views: 349

Medicare Advantage

Looking into Medicare Advantage programs...seems there's one major issue: if you elect medicare advantage at age 65 and then later on need to switch back to straight Medicare with a medigap policy (e.g. your needed specialist isn't in the network), you can be denied enrollment in that supplement pla...
by Dinosaur Dad
Fri Feb 21, 2020 1:25 pm
Forum: Personal Investments
Topic: Roth Conversions - income levels/tax % levels - is there a cutoff rule?
Replies: 20
Views: 1864

Re: Roth Conversions - income levels/tax % levels - is there a cutoff rule?

this is really a question with a different answer for each individual. I've been looking at various conversion scenarios using Pralana software I purchased this year. I'm considering some significant conversions (e.g. 50-75% of my pretax IRA) between ages 65 and 72 (I'm 64 in July). Based on what I'...
by Dinosaur Dad
Fri Feb 21, 2020 1:08 pm
Forum: Personal Investments
Topic: Has Vanguard deteriorated?
Replies: 114
Views: 9905

Re: Has Vanguard deteriorated?

I've been with Vanguard for over 30 years. All my IRAs are still with Vanguard, although I recently transferred my taxable account to Schwab. Vanguard Brokerage still seems to have continuing problems with cost basis, and the whole Vanguard website and computer systems seem outdated. No one knows w...
by Dinosaur Dad
Sun Feb 16, 2020 7:14 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman is my guest on this "Bogleheads on Investing" podcast
Replies: 137
Views: 10095

Re: Paul Merriman is my guest on this "Bogleheads on Investing" podcast

I probably have Paul Merriman confused with some other person: he’s not the guy who has generated endless investment spam articles on Marketwatch and other venues for lo these many decades past? If so I would’ve thought he was one of the sources of “noise” that it is an article of faith on this for...
by Dinosaur Dad
Thu Feb 13, 2020 9:54 am
Forum: Personal Investments
Topic: Financial Strategies _during_ retirement
Replies: 11
Views: 1445

Re: Financial Strategies _during_ retirement

I've never read it myself, but I've seen many favorable references on this forum, to this book: Jane Bryant Quinn: How to Make Your Money Last +1 If she was following her own advice - it appears she did OK. An article reported recently that she retired to Italy (?) for a year and then she'd think a...
by Dinosaur Dad
Fri Feb 07, 2020 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: How to save BIG in a HCOLA
Replies: 64
Views: 5174

Re: How to save BIG in a HCOLA

My two cents: we lived in a small house within a HCOLA while our child was growing up. Neighborhood wasn't one of the top in our town but certainly acceptable to us, and convenient to everything. We elected to sacrifice on house size, fixed up basement, efficiently used every square inch. Looking ba...
by Dinosaur Dad
Fri Feb 07, 2020 1:16 pm
Forum: Personal Consumer Issues
Topic: The annual "Boglehead considering a country club" thread
Replies: 115
Views: 6950

Re: The annual "Boglehead considering a country club" thread

We live in a HCOL area and never joined a country club (I'm not a golfer nor is DW). The only thing I would say: Sometimes there's a "social life" aspect with this. In our area there was a pool club that many families joined, and the kids sort of used that as a meeting place...we didn't join because...
by Dinosaur Dad
Sun Jan 26, 2020 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Review: Mark Zoril - Planvisionmn
Replies: 39
Views: 2250

Re: Review: Mark Zoril - Planvisionmn

I've been looking for other options to do that sort of what-if analysis on my own. I've tried many of the online calculators mentioned in this forum, settled on Pralana which I have found to be quite comprehensive and something that's meeting my needs very well. Fascinating. This wasn't on my radar...
by Dinosaur Dad
Fri Jan 24, 2020 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Review: Mark Zoril - Planvisionmn
Replies: 39
Views: 2250

Re: Review: Mark Zoril - Planvisionmn

Years ago, I hired a fee-only planner to create a retirement plan for me. I'm comfortable with spreadsheets and software, and I have a decent amount of knowledge, so she gave me access to the EMoney Pro software she uses and I was able to play with some what-if scenarios on my own. When I read about...
by Dinosaur Dad
Thu Jan 23, 2020 12:54 pm
Forum: US Chapters
Topic: Sad news: LadyGeek's husband has passed
Replies: 352
Views: 27117

Re: Sad news: LadyGeek's husband has passed

Sorry for your loss LadyGeek. Know that caring thoughts are with you. You are much appreciated and admired by everyone here.
by Dinosaur Dad
Tue Jan 14, 2020 1:16 pm
Forum: Investing - Theory, News & General
Topic: Value of Active and Ongoing Reading of the Bogleheads Forums
Replies: 104
Views: 9299

Re: Value of Active and Ongoing Reading of the Bogleheads Forums

This site has been extremely valuable I can say this forum has proven invaluable for me, having been a member for about 9 years now (I'm 38). Each time I feel that "I get it," I learn that there is yet another layer to peel back, incrementally becoming more informed and sophisticated, and empowerin...
by Dinosaur Dad
Fri Dec 20, 2019 5:48 pm
Forum: Investing - Theory, News & General
Topic: Best Investing/Personal Finance Books?
Replies: 14
Views: 1682

Re: Best Investing/Personal Finance Books?

Books that are more focused on retirement planning:

"Control your retirement destiny" by Dana Anspach

"How to make your money last" by Jane Bryant Quinn
by Dinosaur Dad
Thu Dec 19, 2019 2:09 pm
Forum: Investing - Theory, News & General
Topic: Schwab Announcement: "Intelligent Income"
Replies: 22
Views: 3137

Schwab Announcement: "Intelligent Income"

Schwab is announcing a new service....robo-management of retirement income flow via Intelligent portfolios. This says that the robo will look across account types to identify the best ways to withdraw, including tax considerations. I'm not a current Schwab client, but I know many on the forum are. S...
by Dinosaur Dad
Thu Dec 12, 2019 8:59 pm
Forum: Personal Consumer Issues
Topic: [Anyone drop cable for YouTube TV?]
Replies: 139
Views: 12369

Re: [Anyone drop cable for YouTube TV?]

Have had PSVue but it's going out of business in January. I've heard that YouTube TV is the best alternative. Loved PSVue, worked well.
by Dinosaur Dad
Tue Dec 10, 2019 9:57 am
Forum: Personal Consumer Issues
Topic: Thank You Taylor Larimore
Replies: 28
Views: 5460

Re: Thank You Taylor Larimore

I'll say thanks to Taylor, Mel and all of the Bogleheads founders and leaders...with one other thought: it's not just the direct impact on those of us who read and follow this forum, and have benefited so much from sound advice and ideas. It's the cascading value of how what we've been able to learn...
by Dinosaur Dad
Fri Dec 06, 2019 10:47 am
Forum: Personal Investments
Topic: Tools for analyzing portfolio?
Replies: 16
Views: 1249

Re: Tools for analyzing portfolio?

I use the Morningstar tracker, takes a few minutes to enter your holdings but then the XRay function really helps you see what in fact you have and whether you're truly diversified.
by Dinosaur Dad
Fri Dec 06, 2019 10:41 am
Forum: Investing - Theory, News & General
Topic: Murphy's Law Of Retirement
Replies: 83
Views: 18194

Re: Murphy's Law Of Retirement

Timely post. I think I understand to reduce my equity exposure at the beginning of retirement to avoid selling in a down market. For me (age 63) there are some complicating factors: (1) delaying social security to 70 means I have to generate more income before then, and (2) based on the calculations...
by Dinosaur Dad
Wed Dec 04, 2019 12:07 pm
Forum: Personal Investments
Topic: Sequence of Returns Risk - Mitigation/Management
Replies: 31
Views: 2576

Re: Sequence of Returns Risk - Mitigation/Management

Another view on this: I'm 63 and about to retire. I plan to delay social security to age 70 and do a sequence of conversions of my pretax IRA's to Roth. I think both could help me mitigate the longer-term sequence risk as well as saving on higher taxes once RMD's start. I'm using "Pralana" retiremen...
by Dinosaur Dad
Mon Dec 02, 2019 10:10 am
Forum: Investing - Theory, News & General
Topic: 2019 Bogleheads Conference Notes
Replies: 25
Views: 5531

Re: 2019 Bogleheads Conference Notes

Any chance there will be videos posted from this year's conference? Yes, they will be announced here on the forum when they're ready. (Our videographer has a busy day job as a heart surgeon that takes priority.) Thank you, and many thanks to the videographer from the many Bogleheads who wish they c...
by Dinosaur Dad
Sun Dec 01, 2019 11:22 pm
Forum: Investing - Theory, News & General
Topic: 2019 Bogleheads Conference Notes
Replies: 25
Views: 5531

Re: 2019 Bogleheads Conference Notes

Any chance there will be videos posted from this year's conference?
by Dinosaur Dad
Sun Dec 01, 2019 5:39 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 630
Views: 90234

Re: Flaunt Your High-Mileage Car

2002 Hyundai Elantra, 77k miles bought it for my son when he was in high school 8 years ago when it had 30k miles, have maintained it and it just keeps going. The body is going but have saved a ton of money. a 2002 at 77k is a LOW mileage car +1 Congrats and acknowledgement are still in order thoug...
by Dinosaur Dad
Thu Nov 28, 2019 1:41 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 630
Views: 90234

Re: Flaunt Your High-Mileage Car

2002 Hyundai Elantra, 77k miles

bought it for my son when he was in high school 8 years ago when it had 30k miles, have maintained it and it just keeps going. The body is going but have saved a ton of money.
by Dinosaur Dad
Mon Nov 11, 2019 9:54 am
Forum: Personal Investments
Topic: Need Help To Plan for Early Retirement
Replies: 18
Views: 2526

Re: Need Help To Plan for Early Retirement

For estate planning, one of the best books out there is "Beyond the Grave" by Jeffrey Condon. It was very helpful to use when we completed all of the legal documents last year. Worth your time to read as you think it through and find an attorney who is trustworthy.
by Dinosaur Dad
Fri Nov 08, 2019 5:01 pm
Forum: Personal Investments
Topic: Long-term disability insurance attorney to review policy
Replies: 12
Views: 704

Re: Long-term disability insurance attorney to review policy

the only other thought: premiums go up A LOT as you get older, so you have to factor that increasing expense into your planning. If I got a non-cancelable and guaranteed renewable policy, this means the company cannot change anything about the policy- not the premiums, not the monthly benefits, and...
by Dinosaur Dad
Fri Nov 08, 2019 1:47 pm
Forum: Personal Investments
Topic: Long-term disability insurance attorney to review policy
Replies: 12
Views: 704

Re: Long-term disability insurance attorney to review policy

I had a policy with Northwestern for many years, with many bells and whistles including the ability to buy more insurance over time without a physical. Wasn't cheap but worked for me. I dropped it as I got closer to retirement and financial independence. I believe they do a lot of work with clients...
by Dinosaur Dad
Thu Nov 07, 2019 1:33 pm
Forum: Personal Investments
Topic: Long-term disability insurance attorney to review policy
Replies: 12
Views: 704

Re: Long-term disability insurance attorney to review policy

I had a policy with Northwestern for many years, with many bells and whistles including the ability to buy more insurance over time without a physical. Wasn't cheap but worked for me. I dropped it as I got closer to retirement and financial independence. I believe they do a lot of work with clients ...
by Dinosaur Dad
Thu Nov 07, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Any way to "forfeit" income to avoid IRMAA cliff
Replies: 53
Views: 6308

Re: Any way to "forfeit" income to avoid IRMAA cliff

I think people worry a little too much about paying the IRMAA penalty. If you are doing Roth conversions and not getting a subsidy, then your insurance premiums are sky high, plus you have a huge deductible. Before I went on Medicare, my non subsidized premium was $2845 a month for my wife and I, a...
by Dinosaur Dad
Wed Nov 06, 2019 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Adult son off the rails [how to plan for his inheritance]
Replies: 12
Views: 2542

Re: Adult son off the rails [how to plan for his inheritance]

"Special Needs Trust" is something you should look into...most of what I've read concerns situations where a relative/child has a disability. The first key is whether/how to involve the other children in administering that trust (very tricky of course to determine the best path) or whether you have ...
by Dinosaur Dad
Fri Oct 18, 2019 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Legacy/Inheritance
Replies: 61
Views: 7211

Re: Legacy/Inheritance

Your estate is well beyond average, so absolutely get a great estate attorney. I found "Beyond the Grave" by Jeffrey Condon to be indispensable as to understanding the mechanics of trusts etc. There are multiple dimensions to this. Some kids will take it as an indication that they don't have to work...
by Dinosaur Dad
Fri Oct 18, 2019 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Home and car damage from storm
Replies: 16
Views: 1459

Re: Home and car damage from storm

I just did some homework on this same subject. Essentially, with my homeowner's insurance, they pay only if a fallen tree (your tree or the neighbor's) damages the house or the cars, or blocks the driveway. And the limit is $1,000 per incident. Yikes. One family near me had their neighbor's huge tr...
by Dinosaur Dad
Fri Oct 18, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Home and car damage from storm
Replies: 16
Views: 1459

Re: Home and car damage from storm

I just did some homework on this same subject. Essentially, with my homeowner's insurance, they pay only if a fallen tree (your tree or the neighbor's) damages the house or the cars, or blocks the driveway. And the limit is $1,000 per incident. Yikes. One family near me had their neighbor's huge tre...
by Dinosaur Dad
Wed Sep 18, 2019 2:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 111
Views: 10578

Vanguard said to offer Digital Advisory Service [Robo-Advisor]

https://www.investmentnews.com/article/20190918/FREE/190919917/vanguard-pilots-digital-only-financial-planning-and-advice-product Vanguard to Offer Digital Advisory Service From the article: Vanguard Advisers have filed an initial disclosure brochure with the Securities and Exchange Commission signa...
by Dinosaur Dad
Mon Aug 19, 2019 3:27 pm
Forum: Personal Consumer Issues
Topic: Anyonw driving Uber for fun and pocket money in retirement?
Replies: 111
Views: 12590

Re: Anyonw driving Uber for fun and pocket money in retirement?

post script: out of interest I called one well-known car insurance provider..once you're an Uber driver you are instantly a "commercial" driver and your policy costs quadruple (in my case). Yikes. But you're taking a huge risk without the right insurance.
by Dinosaur Dad
Mon Aug 19, 2019 1:20 pm
Forum: Personal Consumer Issues
Topic: Anyonw driving Uber for fun and pocket money in retirement?
Replies: 111
Views: 12590

Re: Anyonw driving Uber for fun and pocket money in retirement?

anyone out there have any experience with the insurance part of this? my understanding is that while Uber says that they cover you while you're on the system, there are many issues about how your personal insurance would/would not apply e.g. they wouldn't apply your own personal liability insurance ...
by Dinosaur Dad
Thu Aug 15, 2019 9:34 am
Forum: Personal Consumer Issues
Topic: Anyone in Westchester County, NY here?
Replies: 11
Views: 1293

Re: Anyone in Westchester County, NY here?

Grew up in Westchester, now live in Fairfield County. Towns are very different, many (most?) upper-middle-income. Clusters of condos and apartments in White Plains, along the Harlem Line train (Scarsdale, Hartsdale, etc.) and also the New Haven Line. Many, many older buildings have been converted. N...
by Dinosaur Dad
Wed Aug 14, 2019 4:56 pm
Forum: Investing - Theory, News & General
Topic: "Retirement Planning Is Complicated. Your Retirement Portfolio Shouldn't Be"
Replies: 40
Views: 4340

Re: "Retirement Planning Is Complicated. Your Retirement Portfolio Shouldn't Be"

Hi Taylor, I am so glad that you mentioned that retirement planning is complicated. There is so much bias here for a do-it-yourself approach to both investing and retirement planning. I don't think investing needs to be complicated but there are a number of irreversible decisions that are involved ...
by Dinosaur Dad
Tue Aug 13, 2019 9:08 am
Forum: Personal Investments
Topic: Time to annuitize?
Replies: 15
Views: 2219

Re: Time to annuitize?

Jane Bryant Quinn, in her book "how to make your money last," recommends a service called Annuity Review. Not sure what the fee is, but this team analyzes variable annuities and advise you on the best steps to take. Might be worth a look.

Link is

https://www.annuityreview.com/
by Dinosaur Dad
Mon Aug 05, 2019 4:33 pm
Forum: Personal Investments
Topic: Help for a relative
Replies: 17
Views: 1540

Re: Help for a relative

I do understand your concern for her future. But, I am not sure how much “low income” assistance will be available to her though if this is managed well. Maybe the limits are higher for her HCOL area. But, generally speaking, her social security plus the income on inheritance will likely put her ab...
by Dinosaur Dad
Mon Aug 05, 2019 4:31 pm
Forum: Personal Investments
Topic: Help for a relative
Replies: 17
Views: 1540

Re: Help for a relative

I think you have received some good suggestions to think over. Setting it aside for 6-12 months in CDs, Money Market, or high yield savings accounts (on-line banks are more likely to have decent CDs.) Vanguard Money Market should be secure even if not FDIC insured. Read the Wiki on the subject of W...
by Dinosaur Dad
Sat Aug 03, 2019 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: For long time retirees, do you use a spreadsheet?
Replies: 37
Views: 3116

Re: For long time retirees, do you use a spreadsheet?

Not retired yet...but we've kept spreadsheets detailing expenses for years, dating back to when we were looking at buying our first house and I wanted to get a handle of things. Fast forward, now it really helps in looking at a spending plan for retirement, as well as tracking investments, rebalanci...