Search found 841 matches

by WoodSpinner
Mon Nov 11, 2019 7:59 pm
Forum: Personal Investments
Topic: Advice on Nest Egg draw down
Replies: 4
Views: 305

Re: Advice on Nest Egg draw down

OP,

I found this book to be very helpful....

Your Complete Guide to a Successful & Secure Retirement https://www.amazon.com/dp/B07KRGVCZY/re ... YDb3CD0GC9

In addition, check out our WIKI, there is a lot of great info.

WoodSpinner
by WoodSpinner
Mon Nov 11, 2019 7:46 pm
Forum: Personal Investments
Topic: Need Help To Plan
Replies: 7
Views: 442

Re: Need Help To Plan

OP,

Welcome .....

Could you share some info on Income, Expenses? I think you need to really start upping your savings rate and this will help give us a better picture.

WoodSpinner
by WoodSpinner
Mon Nov 11, 2019 11:00 am
Forum: Personal Investments
Topic: Asset Allocation for larger portfolio
Replies: 19
Views: 1257

Re: Asset Allocation for larger portfolio

Good day, we are a retired couple (57, 53 yrs) with a 3 fund portfolio currently allocated to VTI 31%, VXUS 9%, BND incl. cash reserve 60%. Our withdrawal rate is about 3% p.a. and covers all household expenses (no pension, SS). Even at current elevated market levels our allocation to stocks appear...
by WoodSpinner
Mon Nov 11, 2019 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Decision Need Help
Replies: 5
Views: 718

Re: Long Term Care Decision Need Help

OP,

We are looking at similar products...

Can you talk a bit more about the costs?

WoodSpinner
by WoodSpinner
Sun Nov 10, 2019 4:36 pm
Forum: Personal Investments
Topic: Questions about Fidelity Charitable DAF
Replies: 10
Views: 729

Re: Questions about Fidelity Charitable DAF

OP, We use and are happy with our Fidelity DAF. Not sure I have all the answers for your questions and suggest you contact Fidelity directly. — Costs are not so important to us, seem reasonable for the value received. — They cut checks or transfer directly to the charities. — They track the incoming...
by WoodSpinner
Fri Nov 08, 2019 5:57 pm
Forum: Personal Consumer Issues
Topic: First time in Sydney, Australia
Replies: 12
Views: 685

Re: First time in Sydney, Australia

OP,

Should be a ball....

We enjoyed:
- Day at Bondi Beach
- walk through the Botanical gardens
- tour the Opera house
- Climb the Sydney Harbor Bridge

WoodSpinner
by WoodSpinner
Tue Nov 05, 2019 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendations for Independent Insurance Broker
Replies: 2
Views: 130

Recommendations for Independent Insurance Broker

All, I would like to work with a good broker to see if I can find a better deal (service and price) on my insurance needs: - Home - Auto - RV - Umbrella I have never worked with an independent broker (currently with Liberty Mutual and National General (RV)). How do I find someone I can trust? Locate...
by WoodSpinner
Tue Nov 05, 2019 2:38 pm
Forum: Personal Consumer Issues
Topic: Weddings - The good? The bad?
Replies: 45
Views: 3953

Re: Weddings - The good? The bad?

OP, Here is what I loved about our wedding: - We didn’t go down the perfect wedding rabbit hole - Did a destination style wedding at a hotel/restaurant in a place of beauty that meant a lot to both of us - Had lots of family help and participation. - Kept costs low (we did our own flower arranging a...
by WoodSpinner
Tue Nov 05, 2019 9:19 am
Forum: Investing - Theory, News & General
Topic: Here's what you're making (er, losing) on short term treasuries as of 11/5/19
Replies: 9
Views: 1049

Re: Here's what you're making (er, losing) on short term treasuries as of 11/5/19

Op,

But I don’t pay taxes on my Short Term Treasuries .......

WoodSpinner
by WoodSpinner
Mon Nov 04, 2019 9:40 am
Forum: Personal Investments
Topic: Cash to Intermediate Treasuries Now?
Replies: 7
Views: 893

Re: Cash to Intermediate Treasuries Now?

OP,

I don’t see a problem. Will be doing some similar rebalancing based on my AA and IPS.

WoodSpinner
by WoodSpinner
Thu Oct 24, 2019 6:31 am
Forum: Investing - Theory, News & General
Topic: Christine Benz article on door to door financial people
Replies: 59
Views: 6211

Re: Christine Benz article on door to door financial people

OP,

Good article thanks for posting. I thought Christine handled it very well.

It’s a real danger — there are sharks in the water.

WoodSpinner
by WoodSpinner
Wed Oct 23, 2019 8:41 am
Forum: Personal Investments
Topic: Roth IRA Conversion
Replies: 29
Views: 1898

Re: Roth IRA Conversion

To clarify further Two options since I will be 59.5 soon. I understand that I will pay taxes in either case and I have money set aside to do this. 1. Convert traditional IRA to a Roth IRA. Convert 4% per year. 2. Withdraw tradition IRA to taxable account. Withdraw 4% per year. Not sure I follow you...
by WoodSpinner
Tue Oct 22, 2019 9:53 pm
Forum: Personal Investments
Topic: How to split holdings btw inherited roth and taxable account
Replies: 9
Views: 535

Re: How to split holdings btw inherited roth and taxable account

OP,

Wondering about the inherited Roth — are you required to take RMDs?

https://www.nerdwallet.com/blog/investi ... ributions/

This might factor in your planning.

WoodSpinner
by WoodSpinner
Tue Oct 22, 2019 9:38 pm
Forum: Personal Investments
Topic: Changing Asset Allocation for the Decumulation Years?
Replies: 7
Views: 762

Re: Changing Asset Allocation for the Decumulation Years?

OP,

I think you will find the Open Social Security calculator a very helpful tool.....

https://opensocialsecurity.com/

WoodSpinner
by WoodSpinner
Tue Oct 22, 2019 4:07 pm
Forum: Personal Investments
Topic: Portfolio gut check for early retirement
Replies: 8
Views: 849

Re: Portfolio gut check for early retirement

OP,

Why shift to Closed End Funds— not sure I follow your strategy?

What are your monthly expenses?

Can you retire while your wife continues working?

WoodSpinner
by WoodSpinner
Tue Oct 22, 2019 9:24 am
Forum: Investing - Theory, News & General
Topic: [Paul Merriman: This strategy beats a total stock market fund]
Replies: 173
Views: 13365

Re: Paul Merriman article

Most of what you all said is right, I generally write/talk about combining large and small cap blend (which, depending how you differentiate growth from value, is mostly growth) with large and small cap value . In an attempt to simplify the article (always trying to limit word count at Marketwatch)...
by WoodSpinner
Mon Oct 21, 2019 10:16 pm
Forum: Personal Investments
Topic: New Investor with an Inheritance
Replies: 15
Views: 2162

Re: New Investor with an Inheritance

You might check out the White Coat Investor Site.

https://www.whitecoatinvestor.com/
by WoodSpinner
Mon Oct 21, 2019 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Where can I find 2019 CA Income Tax Rates
Replies: 6
Views: 917

Re: Where can I find 2019 CA Income Tax Rates

Thanks to all :sharebeer

Will relax a bit.

WoodSpinner
by WoodSpinner
Mon Oct 21, 2019 9:25 am
Forum: Personal Consumer Issues
Topic: Photo Scanner (Recommendations Please)
Replies: 33
Views: 2001

Re: Photo Scanner (Recommendations Please)

Hola Mates. Looking for a photo scanner to turn my paper photos into digital images, so I can be done with the former. I'd rather not spend a boatload (typical BH). Not that it matters, but I'll be storing in the cloud (google photos). Any recommendations would be appreciated! In my opinion, you ar...
by WoodSpinner
Sun Oct 20, 2019 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Where can I find 2019 CA Income Tax Rates
Replies: 6
Views: 917

Where can I find 2019 CA Income Tax Rates

All,

I haven't been able to find the 2019 CA Income Tax Rates (MFJ). Searching brings up lots of sites with the 2018 rates but I don't see anything yet for 2019. I know I must be missing something :oops: :oops:

Any suggestions or links would be very appreciated.

WoodSpinner
by WoodSpinner
Sat Oct 19, 2019 9:37 pm
Forum: Personal Investments
Topic: Late 20s Checkup
Replies: 13
Views: 2304

Re: Late 20s Checkup

OP, I think you are doing very well. Keep up the aggressive savings and low expenses. Low expenses will help you when times get tough and a high savings rate will help you achieve Financial Independence and expand your options. One of my biggest financial mistakes was not knowing and utilizing Back ...
by WoodSpinner
Sat Oct 19, 2019 9:27 pm
Forum: Personal Investments
Topic: Investment Questions
Replies: 10
Views: 1010

Re: Investment Questions

OP,

Hard to give advice without more details of your situation.....

Take a look at this for suggestions on what information is needed.

viewtopic.php?t=6212
by WoodSpinner
Sat Oct 19, 2019 10:33 am
Forum: Personal Consumer Issues
Topic: Photo Scanner (Recommendations Please)
Replies: 33
Views: 2001

Re: Photo Scanner (Recommendations Please)

OP,

Happy to assist if you have any questions.

Doesn’t look like a download from Google Photos is difficult....

https://www.online-tech-tips.com/google ... es-videos/

Good luck
by WoodSpinner
Sat Oct 19, 2019 10:16 am
Forum: Investing - Theory, News & General
Topic: Is the 60/40 portfolio allocation strategy being killed?
Replies: 142
Views: 15473

Re: Is the 60/40 portfolio allocation strategy being killed?

The only interesting counter-play to these observations is to observe that 'human' capital in select industries has never been at a higher premium. My friend just signed a $2M/year offer at a traditional tech company throwing everything they can at it to hire talent. 5/5 of my close friends have ma...
by WoodSpinner
Sat Oct 19, 2019 8:56 am
Forum: Personal Consumer Issues
Topic: Photo Scanner (Recommendations Please)
Replies: 33
Views: 2001

Re: Photo Scanner (Recommendations Please)

OP, Lot’s of good advice up-thread. A bit off-topic from your question is what to do with the scanned images? 1. Agreed, storage is cheap so don’t worry about size but make sure you have BACKUPS (at least 2 copies, one on-site and the other off-site). Do this even if you are storing the photos in th...
by WoodSpinner
Tue Oct 15, 2019 9:46 am
Forum: US Chapters
Topic: Suggestion for how local chapters can reach out to a younger audience- FIRE devotees
Replies: 1
Views: 272

Re: Suggestion for how local chapters can reach out to a younger audience- FIRE devotees

OP, I have been following ChooseFI podcasts for a bit after a tip on Boggleheads. I think there is a great deal of alignment between our groups although the messaging styles are a bit different. Kudos to Rick for reaching out and having some of their leadership on his Podcast. Planning to gift their...
by WoodSpinner
Mon Oct 14, 2019 9:35 am
Forum: Personal Consumer Issues
Topic: How to remove garden hose nozzle that is stuck on a hose
Replies: 45
Views: 24652

Re: How to remove garden hose nozzle that is stuck on a hose

Rupert wrote:
Tue May 08, 2018 4:20 pm
Cut the hose above the nozzle and buy a garden hose repair kit at a big-box store to replace it. I've never been able to get them off once they're stuck. I think I've finally learned my lesson and now remove the nozzle after every use so it won't get stuck in the first place.
That’s what I did!
by WoodSpinner
Sun Oct 13, 2019 8:43 am
Forum: Personal Consumer Issues
Topic: 1 week camping tour, Phoenix-El Paso, suggestions?
Replies: 21
Views: 1207

Re: 1 week camping tour, Phoenix-El Paso, suggestions?

OP,

When are you going?

I do recommend Mi Nidito for great Mexican food in Tucson.



WoodSpinner
by WoodSpinner
Sun Oct 13, 2019 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Updated longevity calculator - from the actuaries
Replies: 21
Views: 2469

Re: Updated longevity calculator - from the actuaries

It’s a great tool ...

BUT would love some more guidance in figuring how the overall Health questions. A bit subjective with significant longevity implications.

WoodSpinner
by WoodSpinner
Sun Oct 13, 2019 8:11 am
Forum: Personal Consumer Issues
Topic: X Country Driving Trip across the US, solo
Replies: 25
Views: 2082

Re: X Country Driving Trip across the US, solo

Op, I have done it more than a few times and highly recommend it. Some tips..... 1. Be flexible — the joys of unanticipated discovery are very long lasting. 2. Keep an eye on the weather — adapt and stay safe. 3. Don’t drive to far or too long — we use the 330 rule ( no more than 330 miles or 3:30pm...
by WoodSpinner
Thu Oct 10, 2019 12:18 pm
Forum: Personal Investments
Topic: Pre Retirement Portfolio Review
Replies: 25
Views: 3207

Re: Pre Retirement Portfolio Review

OP,

One thought on restructuring your Taxable holdings...

Consider funding a Donor Advised Fund using direct shares (perhaps AKREX). This should allow you to itemize and then use the funds to support your charitable giving over time.

WoodSpinner
by WoodSpinner
Sun Oct 06, 2019 6:18 am
Forum: Personal Investments
Topic: Reality check
Replies: 21
Views: 2869

Re: Reality check

OP, Glad you came here first, there is a lot to learn and absorb. Here are a couple of thoughts..... We don’t have enough details around your cashflow, income vs expenses to understand the risk profile you are proposing. What are your Retirement Goals? Why such an emphasis on Growth vs. Stability? W...
by WoodSpinner
Thu Oct 03, 2019 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking thoughts on constructing and storing household inventory (with photos)
Replies: 11
Views: 988

Re: Seeking thoughts on constructing and storing household inventory (with photos)

OP,

Consider Picasa, Googles photo sharing site. You can add your annotations electronically (e.g. history of the piece) and use keywords to indicate who should get what.

Nice, neat and simple....

http://celt.cui.edu/CELT/Picasa/Picasa2_UserGuide.pdf

WoodSpinner
by WoodSpinner
Sat Sep 28, 2019 10:19 pm
Forum: Personal Investments
Topic: Portfolio Review & Questions
Replies: 15
Views: 1283

Re: Portfolio Review & Questions

OP, Not sure if you know about this tool Open Social Security . If you haven’t, give it a try. WoodSpinner Yes, thanks I have used it. Recommends starting wife SS at 62 and mine at 70 but i don't see the logic in waiting that long for me. The break even point if I start at 67 is at age 83. Doesn't ...
by WoodSpinner
Sat Sep 28, 2019 9:37 pm
Forum: Personal Investments
Topic: Ideas for truly determining risk tolerance and translate to portfolio allocations?
Replies: 10
Views: 714

Re: Ideas for truly determining risk tolerance and translate to portfolio allocations?

OP, A couple of questions ..... 1. What is your current savings rate? 2. How big is your Emergency Fund? 3. When do you plan to retire? FWIW, your savings rate is Significantly more important than your Asset Allocation — in the long term. That was a key concept that helped me focus on the big pictur...
by WoodSpinner
Sat Sep 28, 2019 8:43 am
Forum: Personal Investments
Topic: Portfolio Review & Questions
Replies: 15
Views: 1283

Re: Portfolio Review & Questions

OP,

Not sure if you know about this tool Open Social Security. If you haven’t, give it a try.

WoodSpinner
by WoodSpinner
Sat Sep 28, 2019 8:38 am
Forum: Investing - Theory, News & General
Topic: AA measured in years, not percentages.
Replies: 30
Views: 1709

Re: AA measured in years, not percentages.

OP,

Our plan involves something similar which is described in this post.

Both of us understand it and can execute on it.

Hope it helps.

WoodSpinner
by WoodSpinner
Thu Sep 26, 2019 7:46 pm
Forum: Personal Investments
Topic: Mother laid off without retirement savings
Replies: 24
Views: 5667

Re: Mother laid off without retirement savings

Not sure there is much you can do

Be part of her life, talk, have dinner, share adventures stay in contact. Be ready to help if you can. Let her set the pace and tone for what’s needed.

WoodSpinner
by WoodSpinner
Tue Sep 24, 2019 2:24 pm
Forum: Personal Consumer Issues
Topic: DFW to Tasmania - 15 hour time change
Replies: 51
Views: 3035

Re: DFW to Tasmania - 15 hour time change

Thanks for all the advice, folks. It's very much appreciated. I have done a lot of international travel but this will be first time to Australia. I have traveled to Japan before and did fine. Hydration, as several mentioned, has always been really important. And, yes, I definitely plan to do some s...
by WoodSpinner
Tue Sep 24, 2019 9:38 am
Forum: Personal Investments
Topic: Garrett Fee Only
Replies: 18
Views: 1972

Re: Garrett Fee Only

OP,

Was this a flat fee or an hourly rate?

I interviewed on of Garrett advisors and he produced an estimate for anticipated work to review my plan. Came out to about $200/hour which seemed reasonable.

Ended up passing for other reasons and am back to looking.

WoodSpinner
by WoodSpinner
Tue Sep 24, 2019 9:17 am
Forum: Personal Consumer Issues
Topic: Quicken Subscription Renewal
Replies: 31
Views: 2080

Re: Quicken Subscription Renewal

There are better deals around Thanksgiving if you can wait.....
by WoodSpinner
Sun Sep 22, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Help with pension choices
Replies: 36
Views: 2735

Re: Help with pension choices

I've also been considering taking the full "Unmodified Allowance" and purchasing a term life insurance policy. The cost of the "50% Beneficiary w/Allowance Increase" is $268/month, and $499/month for the "100% Beneficiary w/Allowance Increase." I might be able to get term life for less. I plan on l...
by WoodSpinner
Fri Sep 20, 2019 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Form 709 woes, Assistance Requested
Replies: 17
Views: 904

Re: Form 709 woes, Assistance Requested

Just talked to the IRS and the issue is finally resolved! :sharebeer

They just processed the May amended form and all is well.


Many thanks for the help!

WoodSpinner
by WoodSpinner
Tue Sep 17, 2019 9:10 am
Forum: Personal Investments
Topic: Rolling Roth 401k money out - "rollover Roth?"
Replies: 4
Views: 292

Re: Rolling Roth 401k money out - "rollover Roth?"

OP,

Agreed, no sense having multiple Roth’s under current tax rules.

Does your wife also have after-tax money in the 401K? I did and was surprised that it could also be rolled into the Roth as well.

WoodSpinner
by WoodSpinner
Mon Sep 16, 2019 7:19 pm
Forum: Personal Investments
Topic: Advice on ROTH Conversions and the non-retirement assets to support this strategy
Replies: 11
Views: 964

Re: Advice on ROTH Conversions and the non-retirement assets to support this strategy

OP, I think you are on the right track and we are in somewhat similar circumstances. The key is to figure out, just how much to convert and how much to let grow in the IRA. A number of us have decided to target an average AGI during Conversions (in your case 62-70) to match the average projected AGI...
by WoodSpinner
Mon Sep 16, 2019 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Managing joint finances when one is a perfectionist
Replies: 122
Views: 8091

Re: Managing joint finances when one is a perfectionist

If I didn’t “force” an annual discussion of our financial situation my wife would have absolutely no idea where we stand financially. I don’t know if she just trusts me that much or just chooses to be oblivious. Why do you force it? What's wrong with her being oblivious? I assume you trust yourself...
by WoodSpinner
Sat Sep 14, 2019 9:16 pm
Forum: Investing - Theory, News & General
Topic: The best portfolios when the going gets rough
Replies: 72
Views: 6556

Re: The best portfolios when the going gets rough

Well I'm not that anonymous. In addition to writing Portfolio Charts I'm also a regular poster here. :D I like to think of good data as the great equalizer between salesmen with fancy credentials and the smart people who contribute to conversations like this one. So don't judge Portfolio Charts (or...
by WoodSpinner
Fri Sep 13, 2019 11:31 pm
Forum: Personal Consumer Issues
Topic: What to expect at a Jewish funeral?
Replies: 7
Views: 2187

Re: What to expect at a Jewish funeral?

First, thanks for asking and caring! Felt similarly when I attended my first catholic funeral. Unfortunately a great deal depends on the family (lot’s of variety in funeral services) and their customs, so my best suggestion is to ask one of his close relatives what they are planning. Planting trees ...
by WoodSpinner
Fri Sep 13, 2019 9:44 am
Forum: Personal Investments
Topic: Retirement - Change Investment Strategy
Replies: 10
Views: 1922

Re: Retirement - Change Investment Strategy

OP,

Small suggestion .....

Pay off the RV note at 5%. Perhaps your best and safest investment opportunity!

WoodSpinner