Search found 325 matches

by artthomp
Mon Mar 12, 2018 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with implementing Paul Merriman's Buy and Hold strategy amongst all my investments
Replies: 9
Views: 2191

Re: Need help with implementing Paul Merriman's Buy and Hold strategy amongst all my investments

I am using a different allocation, but I have found it useful to combine all of my accounts in an excel spreadsheet which indicates which assets are out of balance any day I wish to compare values even though I only re-balance once a year. I am copying, with some modification the Vanguard Retirement...
by artthomp
Sat Mar 10, 2018 12:02 pm
Forum: Investing - Theory, News & General
Topic: ETF's vs. Mutual Funds During Market Panics
Replies: 22
Views: 2072

Re: ETF's vs. Mutual Funds During Market Panics

I hold most of my equity funds at Vanguard in ETFs because of Vanguard's frequent trading policy. If one buys or sells a mutual fund, one is not allowed to buy or sell the same mutual fund within 30 days so as not to disrupt fund management.This policy could lock me into the wrong allocation if I ma...
by artthomp
Fri Jan 12, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Help me stop my addiction to stock market peeping!
Replies: 66
Views: 5416

Re: Help me stop my addiction to stock market peeping!

I'm 77 years old and fortunately I'm not too dependent on my our market returns since my wife and I both receive SS, I have a company pension, and approximately 60% of my investments are in my IRA making our biggest income source my IRS Required Distribution. Because of this relative independence fr...
by artthomp
Mon Dec 25, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Do you include your house in your net worth if you own it outright?
Replies: 89
Views: 7965

Re: Do you include your house in your net worth if you own it outright?

Yes it's paid off and I include it in my net worth but at the county appraised net worth - I would hope to sell it for about $50K more.
by artthomp
Mon Dec 25, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Accountant fees reasonable?
Replies: 39
Views: 4019

Re: Accountant fees reasonable?

$300
Married filing jointly, SS, company pension, rental farm income, IRS required minimum distributions (I'm 77 years old)
by artthomp
Fri Dec 22, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA Required Mandatory Distributions
Replies: 5
Views: 477

Re: Traditional IRA Required Mandatory Distributions

present IRS minimum distribution divisors:
27.40 age 70.5 approximately 3.6%
26.50
25.60
24.70
23.80
22.90
22.00
21.20
20.30
19.50
18.70
17.90
17.10
16.30
15.50
14.80
14.10
13.40
12.70
12.00
11.40 age 90 approximately 8.8%
by artthomp
Thu Dec 07, 2017 10:37 am
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 71
Views: 7250

Re: What did you do with your first RMD withdrawal money?

I'm not sure now - that was 7 years ago. Now I withhold my federal and state taxes for the year from the distribution, re-balance my portfolio and re-invest any excess in taxable equities
by artthomp
Wed Dec 06, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone mirror AA acorss multiple accounts ?
Replies: 23
Views: 2169

Re: Anyone mirror AA acorss multiple accounts ?

I re-balance once a year when I have to take the IRS Required Distribution from my IRA funds which are still 70% of the investments I am handling. I am 77 years old and retired. When I became concerned about my asset allocation (2008-2009), I wrote a private message to the expert Diehard Bond expert...
by artthomp
Wed Oct 25, 2017 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 37010

Re: Does anyone here with net worths north of $1 mil use financial advisors?

A couple of years ago I wrote the Boglehead bond expert, Mel Lindauer, a question about my allocations and he suggested I look at the Vanguard Retirement Income Mutual Fund. I did that and liked what I saw so I decided to put in place a slightly modified version. I'm 77 years old and have to take IR...
by artthomp
Tue Aug 22, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 21104

Re: How far would you travel to see The Eclipse?

We watched the eclipse from our front yard - totality lasted about 1.5 minutes!
by artthomp
Mon Jul 24, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: US and International Bond Fund Allocation
Replies: 109
Views: 12406

Re: US and International Bond Fund Allocation

The Vanguard Retirement Income Fund has the following bond allocations: Vanguard Total Bond Fund 37.3% Vanguard Short Term Inflation Protected Bonds 16.8% Vanguard Total International Bond Fund 15.9% or 15.9 / (37.3+16.8+15.9=70) = 23% International bonds When I re-balance my portfolio (once a year ...
by artthomp
Thu Jul 13, 2017 2:45 pm
Forum: Personal Consumer Issues
Topic: Shopping for first bike since I was a kid
Replies: 121
Views: 10191

Re: Shopping for first bike since I was a kid

When I was 73 years old and recovering from hip surgery I discovered I could more easily ride a stationary bike than walk any distance. The physical therapist suggested I might investigate the purchase of a "surfer" bike. The first bike I purchased was a Schwinn 7 speed bike for $200 at Kmart. I rod...
by artthomp
Wed Jun 21, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 7913

Re: What is your car's average cost ownership?

2003 Honda CRV - 150,00 miles. Original purchase price $20,000. Estimated repair cost $1,000
$20,000 + $1,000 = $21,000 / 14 years = $1,500/year.
We have a newer car for long trips,
by artthomp
Fri May 12, 2017 2:23 pm
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 102
Views: 12365

Re: Retirees, what is your marginal tax rate?

Retired in 2006. My wife had an exceptional couple of harvests on her rental farm in Oklahoma so, for 2016, our marginal tax rate was 25% on ordinary income, 15% on capital income, and our effective rate was 14%. Assuming no farm income next year, our marginal tax rate will be 15% on ordinary income...
by artthomp
Wed Apr 26, 2017 4:06 pm
Forum: Personal Consumer Issues
Topic: Are CCRCs a good deal? [Continuing Care Retirement Community]
Replies: 30
Views: 4597

Re: Are CCRCs a good deal? [Continuing Care Retirement Community]

My father passed away in 2006 He moved into a CCRC 15 years ago here in the Midwest. At first he lived in an independent living apartment at a fairly reasonable rate. He enjoyed it. Later he moved into assisted living. He enjoyed it. Finally the staff at that facility decided he needed to move into ...
by artthomp
Thu Mar 23, 2017 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Online Retirement Planner Tools
Replies: 10
Views: 2035

Re: Online Retirement Planner Tools

I like the Vanguard IRS Required Distribution calculator https://personal.vanguard.com/us/insigh ... r-rmd-tool
by artthomp
Thu Mar 23, 2017 3:25 pm
Forum: Investing - Theory, News & General
Topic: Why nobody talk about cash allocation ?
Replies: 17
Views: 2761

Re: Why nobody talk about cash allocation ?

I'm 77 years old, retired. I allocate 2% of the portfolio to Money Market Funds to have it instantly available if I need it whenever I re-balance. I don't often use it all but I always re-balance to 2% Money Market Funds,
by artthomp
Tue Mar 21, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: What's your strategy for withdrawing funds in Retirement ?
Replies: 57
Views: 9078

Re: What's your strategy for withdrawing funds in Retirement ?

I am 77 and retired. We receive Social Security and a company pension. Because of my age, I'm required to take an IRS Required Minimum Distribution each year. Since this is greater amount than required for our living expenses, I withhold our entire federal and state taxes from it and take any extra ...
by artthomp
Sun Mar 12, 2017 12:28 pm
Forum: Investing - Theory, News & General
Topic: Reasons not to check the account balance too often
Replies: 42
Views: 5521

Re: Reasons not to check the account balance too often

Since approximately 70% of my investments at Vanguard are still in Vanguard Mutual Funds, I cannot really get accurate quotes on the value of my total portfolio during the day so I download my overall results from Vanguard a couple of hours after the market close to get accurate information for the ...
by artthomp
Tue Mar 07, 2017 8:16 am
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 197
Views: 28016

Re: How Much in Your Emergency Fund And Is It Used?

I leave 2% of my portfolio in cash when I re-balance once a year when I have to take my IRS Required Distribution.
by artthomp
Wed Feb 22, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 90
Views: 10175

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

I am 77 years old (next month - March 15, 2017) and I've been retired 11 years. I have a pension from a former employer which I have been receiving for 23 years (early retirement). My wife and I also receive Social Security. I allocate my IRA, my Roth IRA, and my taxable in the proportions of the Va...
by artthomp
Sun Jan 22, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Do you check your credit reports annually?
Replies: 48
Views: 4056

Re: Do you check your credit reports annually?

Our Discover Card bill displays our credit score every month on our bill.
by artthomp
Sun Jan 01, 2017 11:39 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2042
Views: 380288

Re: What are you up YTD? [Year To Date]

My wife and I are in our mid-70's and retired. We manage our portfolios separately. I try to follow the allocation scheme used in the Vanguard Retirement Income Fund but since I withhold all of my federal and Missouri state taxes, I ended 2016 +3.0% (the Vanguard Retirement Income Fund ended 2016 +5...
by artthomp
Wed Dec 28, 2016 2:39 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 15077

Re: At what age, income, and NW would you buy a $50k car?

I wouldn't - not when I bought my 2003 Honda CRV (with 150,000 miles so far) for $20,000 ($1,540 - year). I cannot understand why people pay $50,000+ for a Range Rover which doesn't have any more functionality than my Honda (at least from my point of view)! Maybe the reason I feel this way is that I...
by artthomp
Wed Dec 28, 2016 2:24 pm
Forum: Investing - Theory, News & General
Topic: How many of you invest 100% at Vanguard?
Replies: 118
Views: 11434

Re: How many of you invest 100% at Vanguard?

We are 100% invested at Vanguard except for some accounts at a local bank, our residence, and some farmland my wife inherited.
by artthomp
Tue Dec 27, 2016 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from VTI+VXUS to VT (super lazy portfolio)
Replies: 8
Views: 2338

Re: Moving from VTI+VXUS to VT (super lazy portfolio)

I guess I've taken a middle road. My Roth IRA is relatively smaller so I use VT (Global stocks) to avoid re-balancing. Since I am using a modified Retirement Income allocation and want a 30/70 allocation for equities I use the following formulas for my other equity allocations (still traditional IRA...
by artthomp
Tue Dec 13, 2016 10:10 am
Forum: Local Chapters and Bogleheads Community
Topic: How Did You Become A Boglehead? What Led You Here?
Replies: 168
Views: 22177

Re: How Did You Become A Boglehead? What Led You Here?

Sometime in the 1980's my company suggested Fidelity for my equity savings (the heyday of Peter Lynch I think) and Vanguard for my fixed income savings (low cost). After a flirtation with American Express around 1998 (at least the representative introduced me to the importance of asset allocation), ...
by artthomp
Thu Dec 08, 2016 11:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard - Best Practices for Rebalancing
Replies: 2
Views: 807

Re: Vanguard - Best Practices for Rebalancing

I re-balance annually when I have to take my IRS Required Distribution.
by artthomp
Thu Dec 08, 2016 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Living Trust vs Transfer on Death [Suze Orman Protection Portfolio]
Replies: 23
Views: 4189

Re: Living Trust vs Transfer on Death [Suze Orman Protection Portfolio]

We tried to setup our entire estate as transfer on death but found that there was no way to do this for my wife's 80 acre inherited farm in Oklahoma (we live in Missouri) so we set up a trust and placed most of our assets in it.
by artthomp
Thu Nov 24, 2016 10:31 am
Forum: Investing - Theory, News & General
Topic: How often do you hit your rebalancing bands?
Replies: 31
Views: 3642

Re: How often do you hit your rebalancing bands?

I don't have re-balancing bands but I re-balance once a year when I have to take an IRS Required Distribution. I did a little investigating on my traditional IRS required distribution experience and I thought you might be interested in my results. I have been required to take IRS Required Distributi...
by artthomp
Thu Nov 24, 2016 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Do you track your net worth? How long have you done so?
Replies: 110
Views: 11801

Re: Do you track your net worth? How long have you done so?

I can track my net worth any market day by downloading the closing values from Vanguard. I have over time developed a spreadsheet consisting of several worksheets that allows me to track my wife's and my investments, my IRS Required Distributions, etc.
by artthomp
Tue Aug 30, 2016 4:29 pm
Forum: Investing - Theory, News & General
Topic: Farmland investing
Replies: 35
Views: 5405

Re: Farmland investing

My wife inherited 80 acres in Oklahoma. She is a renter and receives 1/3 of the crop. Up until recent years wheat was harvested on her land. In the last few years she had very profitable Milo and Cotton crops. The total profits exceed the original estimates for the value of the land. My wife gets qu...
by artthomp
Thu Aug 11, 2016 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Unexpected Comparison - High Deductible Plan F to Regular Plan F in New York
Replies: 8
Views: 1478

Re: Unexpected Comparison - High Deductible Plan F to Regular Plan F in New York

Missouri pricing for Humana medigap F plan. Humana F plan $266.93/month * 12 = $3,203/year Humana High-Deductible F Plan $87.76/month * 12 = $1,053.12 + $2,180/yearly deductible = $3,233.12 So in a high medical cost year one would pay $3.233.12 - $3,203 = $30.12 more But in a low medical cost year o...
by artthomp
Fri Aug 05, 2016 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: How are taxes different after retirement?
Replies: 39
Views: 4754

Re: How are taxes different after retirement?

I retired in 2006. Our incremental tax federal rate in 2006 was 15% (I was 66 years old) and (Capital gains and Dividend income rate was 0). When I reached age 70.5 and had to start taking IRS Required Minimum Distributions (2010), our incremental federal tax rate increased to 25% (Capital gains and...
by artthomp
Wed Aug 03, 2016 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Is my IRA really an IOU to the IRS??
Replies: 58
Views: 7779

Re: Is my IRA really an IOU to the IRS??

I don't think it's worked much like an IOU for me. I have been taking IRS Required Distributions since 2010 (corrected). The results are interesting. The increase in the traditional IRA from 2010 to 2016 is presently +7% The highest increase in the traditional IRA was from 2010 to 2015 was +11.6% Th...
by artthomp
Mon Jul 25, 2016 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: What does "full retirement age" really mean for SS?
Replies: 5
Views: 1391

Re: What does "full retirement age" really mean for SS?

I retired early at the suggestion of a Social Security representative. I had originally called to start Medicare part B. The conversation began this way as I remember "Why aren't you just retiring?" I was still working so she helped me retire at the beginning of the year in 2006 but held my Social S...
by artthomp
Mon Jul 25, 2016 3:45 pm
Forum: Investing - Theory, News & General
Topic: Declining or Rising equity allocation in retirement?
Replies: 110
Views: 11100

Re: Declining or Rising equity allocation in retirement?

At the present it looks to me that we will have enough money for the rest of our lives. I am considering changing my portfolio allocation to provide a greater inheritance for our children. This would of course imply a greater equity allocation.
by artthomp
Mon Jul 25, 2016 3:40 pm
Forum: Investing - Theory, News & General
Topic: Reliving the Nightmare of the Crisis
Replies: 119
Views: 14368

Re: Reliving the Nightmare of the Crisis

I was down the value of my house (paid off in 1996) in 2009 and I decided not to re-balance (It would have required extensive selling of my fixed term portfolio). I would have been ahead if I had re-balanced since my overall portfolio hit all time highs in 2009!
by artthomp
Mon Jul 25, 2016 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: House value vs Net worth %?
Replies: 21
Views: 4127

Re: House value vs Net worth %?

76 years old - retired - House was paid off in 1996 - county appraisal today is approximately 15% of net worth.
by artthomp
Tue Jul 12, 2016 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: What is your taxable account investing strategy?
Replies: 29
Views: 4769

Re: What is your taxable account investing strategy?

I'm 76 years old so I have been taking IRS Required Minimum Distributions since 2010. I still have approximately 80% of the investments I manage in a traditional IRA. After I take out my federal and state taxes for the year from the distribution I have been re-investing the excess in taxable equitie...
by artthomp
Tue Jul 12, 2016 4:09 pm
Forum: Personal Consumer Issues
Topic: Tax Preparation--Anyone try this as second income
Replies: 40
Views: 6768

Re: Tax Preparation--Anyone try this as second income

I took the H&R Block training in 2006 and worked for them that spring. Unfortunately my family likes to go to spring training in Jupiter, Florida for the month of March which is H&R Block's busy season. So I retired after one season with them. I thought the training was pretty good but do not use th...
by artthomp
Tue Jul 12, 2016 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have any retiree healthcare benefit from your employer?
Replies: 76
Views: 6400

Re: Do you have any retiree healthcare benefit from your employer?

I'm 76 years old and my former employer promised me a full early retirement and full retirement medical originally. My company did drop their employment insurance for me and my wife a couple or years ago but they now provide Medi-gap and Medicare-advantage selection support through Towers Watson One...
by artthomp
Sat Jul 09, 2016 11:32 am
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 178
Views: 23681

Re: What's your asset allocation and why?

I'm am 76 years old and retired. I am allocating my IRA, Roth IRA, and my taxable in the proportions of the Vanguard Retirement Income fund (slightly modified). Note 1: I didn't want to use their fund directly for tax reasons. For example, as I take IRS Required Distributions I am investing excess t...
by artthomp
Sat Jul 09, 2016 11:23 am
Forum: Forum Issues and Administration
Topic: Please Try Out Test Posts Here
Replies: 245
Views: 206241

Re: Please Try Out Test Posts Here

Test - Art
by artthomp
Tue May 31, 2016 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Help with retirement investments
Replies: 13
Views: 1584

Re: Help with retirement investments

I am 75 years old and retired. When I became concerned about my asset allocation (2008-2009), I wrote a private message to the expert Diehard Bond expert, Mel Lindauer. He suggested I look at the Vanguard Retirement Income Fund. I examined it, liked it, and since I'm a fairly conservative investor, ...
by artthomp
Thu Apr 28, 2016 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Help deciding if to ditch my financial advisor and DIY
Replies: 13
Views: 1503

Re: Help deciding if to ditch my financial advisor and DIY

The last time I checked the average Vanguard investor had an average Expense Ratio (ER) of .18%. I model my portfolio after the Vanguard Retirement Income Portfolio using entirely Index Funds and Index ETFs and my expense ratio is .10%. I'm 76 years old and I re-balance once a year. I don't think yo...
by artthomp
Thu Apr 14, 2016 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Where to buy part F Medicare?
Replies: 28
Views: 2677

Re: Where to buy part F Medicare?

You might consider a high-deductible Medicare F plan (around $2,000 deductible). Our premiums are about one/half what a full Medicare F plan costs and we come out ahead money-wise almost every year.
by artthomp
Thu Apr 14, 2016 10:15 am
Forum: Investing - Theory, News & General
Topic: BEST Portfolio Tracker
Replies: 33
Views: 6142

Re: BEST Portfolio Tracker

I think the best portfolio tracker for me is the MS EXCEL spreadsheet I created. Since my portfolio is 100% Vanguard Index Funds and ETFs, I don't really need a X-Ray program to tell me the Fund and ETF allocations. Also, I can download the current values of the funds and ETFs anytime I want, copy t...
by artthomp
Wed Apr 13, 2016 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: what's your Withdrawal Rate for this and last year?
Replies: 79
Views: 9188

Re: Retirees: what's your Withdrawal Rate for this and last year?

We are retired and have Social Security income and a pension. I am 76 years old so I have to make IRS Required Distributions from which I deduct all of our federal and state income taxes. including money used for vacations last year we withdrew 2.6% and this year we withdrew 2.0% investing the rest ...