Search found 30 matches

by Ramey58
Wed May 06, 2020 2:28 pm
Forum: Investing - Theory, News & General
Topic: Target Date Question
Replies: 6
Views: 464

Re: Target Date Question

Thanks. I wasn't aware of how often they rebalance.
by Ramey58
Wed May 06, 2020 1:55 pm
Forum: Investing - Theory, News & General
Topic: Target Date Question
Replies: 6
Views: 464

Target Date Question

I use the Vanguard Target Date 2020 fund (I'm retiring this year). How often do they re-balance the fund and would it be better to move my money to the underlying funds they invest in since they have lower fees and re-balance it myself? It's not a lot of money, but it is a savings.
by Ramey58
Thu Apr 02, 2020 2:45 pm
Forum: Investing - Theory, News & General
Topic: The end of cruise ships [cruise line stock prices]
Replies: 248
Views: 27007

Re: The end of cruise ships

Dregob wrote: Wed Apr 01, 2020 8:50 am I'm not sure which comedian said it but it rings true:
You never see good news stories about a cruise ship.
It is always someone fell off, noravirus, cornoavirus, etc.
That is true of all industries. News only reports bad things.
by Ramey58
Fri Feb 07, 2020 2:38 pm
Forum: Investing - Theory, News & General
Topic: 401K Contributions - Payroll vs Processing Time
Replies: 11
Views: 555

Re: 401K Contributions - Payroll vs Processing Time

When I came into my current employer it taking almost 12 days to get it posted. Since I'm the CFO I made this a priority and we now post as the same time as payroll.
by Ramey58
Fri Feb 07, 2020 2:33 pm
Forum: Investing - Theory, News & General
Topic: US Bonds vs International Bonds
Replies: 8
Views: 550

US Bonds vs International Bonds

I noticed that Vanguard allocates part of their bond portfolio into International bonds. This is in the Target Date accounts. Do these carry a different risk than US bonds, and what is the strong reason to carry them? I'm used to the 3 fund method vs adding this 4th fund.
by Ramey58
Mon Jan 20, 2020 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: CPA Question
Replies: 21
Views: 1530

Re: CPA Question

Did your CPA give you a copy of the forms? If so, just study them and do it yourself. The math isn't difficult.
by Ramey58
Thu Jan 09, 2020 2:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total International Stock Index Fund
Replies: 69
Views: 5328

Re: Vanguard Total International Stock Index Fund

Thanks for all the replies. I have always just stayed steady on my course and will continue to, but I'm close to retirement so I'm just noticing things more.
by Ramey58
Thu Jan 09, 2020 11:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard Total International Stock Index Fund
Replies: 69
Views: 5328

Vanguard Total International Stock Index Fund

Just reviewing this fund which is in my retirement portfolio. It seems like the returns over time have not been that great. 4.86% annual returns since 1996. Can someone explain to me why International Funds are so good for a balanced portfolio?
by Ramey58
Mon Dec 30, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance - Where to Find?
Replies: 20
Views: 835

Re: Life Insurance - Where to Find?

I would recommend 10 - 12x your income. I have used Select Quote before and it was pretty easy. Did it all electronically except for the health part. You basically want to make sure the surviving spouse has what they need to carry on and get the kid thru college or trade school. I got a term policy ...
by Ramey58
Mon Dec 30, 2019 1:38 pm
Forum: Personal Investments
Topic: Retirement Allocation Help
Replies: 4
Views: 473

Re: Retirement Allocation Help

Thanks everyone. I think the TDA will keep me in the Bond market enough to not worry about cash. I'm currently over 40% bonds so I should be safe.
by Ramey58
Fri Dec 27, 2019 1:22 pm
Forum: Personal Investments
Topic: Retirement Allocation Help
Replies: 4
Views: 473

Retirement Allocation Help

I am 61 and I am retiring next year. Right now my retirement savings are in Target Date funds with about a 52/48 equity/bonds mix. Most with Vanguard, current employer with American Funds. When I am fully retired I would like to have at least 2 -3 years spending in cash in case of a downturn. Having...
by Ramey58
Fri Dec 13, 2019 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Where to tell a young person to park $20K
Replies: 9
Views: 896

Re: Where to tell a young person to park $20K

They are taxable dollars. Thanks for the Roth advice.
by Ramey58
Fri Dec 13, 2019 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Where to tell a young person to park $20K
Replies: 9
Views: 896

Where to tell a young person to park $20K

I have 3 kids in their 20's who have received a nice inheritance. Where would you advise them to put $20K for long term growth. Only one of the 3 has any financial training, so I would like to keep this simple like an index type fund or ETF. Plus, they could split it among 4 funds also.
by Ramey58
Fri Dec 13, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Which bank should I choose?
Replies: 16
Views: 1954

Re: Which bank should I choose?

I would choose a local bank with a good App. First Horizon (formerly First Tennessee) may be in your area. The advantage of a local bank is you always have a person you can go to if there is a problem with something. That comes in handy in certain situations.
by Ramey58
Thu Dec 05, 2019 3:52 pm
Forum: Investing - Theory, News & General
Topic: Target Date Fund Questions
Replies: 8
Views: 734

Target Date Fund Questions

Vanguard has some very good target date funds. One thing I have always wondered about. If you plan to live 25 years past retirement, do you want all your money in the target date of your retirement, or is it better to spread some to future target date years that might grow better for the future?
by Ramey58
Fri Oct 11, 2019 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Calculators
Replies: 13
Views: 2224

Re: Retirement Calculators

Thanks all. I'm bookmarking these so I can go thru them as I have time.
by Ramey58
Thu Oct 10, 2019 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Calculators
Replies: 13
Views: 2224

Re: Retirement Calculators

Thank you.
by Ramey58
Thu Oct 10, 2019 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Calculators
Replies: 13
Views: 2224

Retirement Calculators

Hey guys. Which retirement calculators do you recommend? I have used the cfiresim one, but it looks like it has not been updated in several years. Are there any ones that do everything including the RMD at age 70.5?

Thanks.
by Ramey58
Mon Sep 09, 2019 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Timing Help
Replies: 14
Views: 1051

Re: Retirement Timing Help

Your spouse should be eligible for more based on your SS benefit. Your spouse can claim a SS benefit based on the higher of spouse’s benefit or a spousal benefit of 50% of your benefit at full retirement age. Spousal benefit gets adjusted if claimed early. Thanks for that information. I was not awa...
by Ramey58
Mon Sep 09, 2019 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Timing Help
Replies: 14
Views: 1051

Re: Retirement Timing Help

HomeStretch wrote: Mon Sep 09, 2019 11:54 am Will spouse receive SS too?
Yes, but less that $1,000 per month. Probably around $500.
by Ramey58
Mon Sep 09, 2019 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Timing Help
Replies: 14
Views: 1051

Re: Retirement Timing Help

First, what is your 30/70 allocation. 30% bonds and 70% stocks? I'm new to some of the terminology here. Spouse will probably get less than $1,000 per month from SS. She was a stay at home mom who only worked while she was single.
by Ramey58
Mon Sep 09, 2019 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Timing Help
Replies: 14
Views: 1051

Re: Retirement Timing Help

Right now it is higher because I still have a mortgage which should be taken care of by the inheritance. Right now I would estimate that in the short term expenses would be about $80,000 per year, but should decline to around $60,000.
by Ramey58
Mon Sep 09, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Timing Help
Replies: 14
Views: 1051

Retirement Timing Help

I need to retire within the next year. Look at my funds and tell me if you think I can do it. Any advice is appreciated. I just turned 61 and my wife is 60. I will get about $3,000 per month from Social Security when I reach 66 yrs and 8 months. 401K's 2020 Retirement Date - Vanguard - $975,000 2025...
by Ramey58
Mon Apr 29, 2019 2:35 pm
Forum: Personal Investments
Topic: Vanguard Investment Advice
Replies: 11
Views: 1181

Re: Vanguard Investment Advice

Does anybody use their service and what are your thoughts on it? Im 60 now and would like to turn over my investments to a professional so that my wife has someone to talk to if I'm not around. I like the thought of the .3% fee versus the 1% the majority charge. Do they do a good job? Thanks in adv...
by Ramey58
Mon Apr 29, 2019 10:23 am
Forum: Personal Investments
Topic: Vanguard Investment Advice
Replies: 11
Views: 1181

Vanguard Investment Advice

Does anybody use their service and what are your thoughts on it? Im 60 now and would like to turn over my investments to a professional so that my wife has someone to talk to if I'm not around. I like the thought of the .3% fee versus the 1% the majority charge. Do they do a good job? Thanks in adva...
by Ramey58
Thu Jan 31, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: General Question on Mortgage Payments
Replies: 4
Views: 380

General Question on Mortgage Payments

I am now 60 and I have a Roth IRA worth just over $30K. Would the conservative move be to cash it out tax free and put the money towards my mortgage debt, or let it continue to grow in these uncertain times. I want to be debt free in 4 years when I retire. I am already putting an extra thousand on m...
by Ramey58
Tue May 09, 2017 11:10 am
Forum: Personal Investments
Topic: Question about Target Date Funds
Replies: 5
Views: 755

Re: Question about Target Date Funds

Thanks for all the comments. I think I will roll it into my current 2020 fund.
by Ramey58
Tue May 09, 2017 10:12 am
Forum: Personal Investments
Topic: Question about Target Date Funds
Replies: 5
Views: 755

Question about Target Date Funds

First off: All of this information is in retirement and has no tax implications at this time. I currently have $841,000 in a 2020 Target Retirement fund. I also have $280,000 in a previous 401K that I want to roll over to Vanguard. I don't plan to retire until 2022. I am wondering if having all of m...