Search found 94 matches

by Bigbonds
Fri Jan 12, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Buffett on bonds
Replies: 34
Views: 5128

Re: Buffett on bonds

I think the story of Warren Buffett is amazing. That said, his advice is very general to the ordinary investor. I find myself following Jack Bogle's advice more. That said I would not sleep well with no bonds with 90% in stocks and 10% in cash. Best. Hopefully you’re not following Jacks advice and ...
by Bigbonds
Thu Jan 11, 2018 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 309
Views: 30438

Re: Anyone tired of the stock market going up?

This stock market is wearing me out! :mrgreen: It’s only the second week of the year and the S&P might be up 5% by closing. This is exhausting. I’m getting tired of winning Indeed! The DOW broke 25,000, for the first time ever, only 5 days ago, and it's already up 400 points! 26,000+ end of January...
by Bigbonds
Thu Jan 11, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 309
Views: 30438

Re: Anyone tired of the stock market going up?

It’s like a marathon of winning! It’s absolutely exhausting:)
by Bigbonds
Sun Jan 07, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: "Can I Really Retire at 40?" What to Tell Clients
Replies: 53
Views: 7903

Re: "Can I Really Retire at 40?" What to Tell Clients

40. The big financial risk isn't dying early in retirement but, rather, living longer than we ever imagined. For 90% of Americans yes, for Bogleheads not so much. I seriously doubt Steve Jobs would agree with this statement. That’s the problem, the people that worked too long and died early from st...
by Bigbonds
Sun Jan 07, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 18209

Re: Memo to those who have won the game: it's time to quit playing

With CAPE at the second highest level in history and the U.S. stock market acting bubblicious these days, I think it is a good time for older investors to heed Dr. Bernstein's advice: "If you've won the game, stop playing." Nobody can predict what the market will do and accumulators should probably...
by Bigbonds
Sun Jan 07, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: "Can I Really Retire at 40?" What to Tell Clients
Replies: 53
Views: 7903

Re: "Can I Really Retire at 40?" What to Tell Clients

I found this article from American Funds on the Twitters, and thought it was interesting work. It proposes a SWR metric for early retirees at different ages (assuming you live to 95), and with a 95% confidence rating. It attempts to account for the current low-return expectations, as well as the im...
by Bigbonds
Sat Jan 06, 2018 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 309
Views: 30438

Re: Anyone tired of the stock market going up?

Why would anyone not like winning? Why would anyone be tired of the stock market going up? I just can’t imagine the reasoning behind it? Hmmmmmm :mrgreen:
by Bigbonds
Fri Jan 05, 2018 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 309
Views: 30438

Re: Anyone tired of the stock market going up?

Another day of winning! This chart is looking more and more likely to hold the pattern by the day. If I was a betting man I would say we have 7 more years of robust GDP growth. Hey, if Jack can predict doom every week, I’ll take the other side of the coin. :mrgreen: https://www.beacontechnologies.co...
by Bigbonds
Fri Jan 05, 2018 3:57 am
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 309
Views: 30438

Re: Anyone tired of the stock market going up?

Not even one week into the new year, S&P500 up 2% and Dow 25,000! Winning :)
by Bigbonds
Tue Jan 02, 2018 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: SALT Tax Deduction Max of $10K is NOT indexed to Inflation
Replies: 29
Views: 4368

Re: SALT Tax Deduction Max of $10K is NOT indexed to Inflation

The only true actionable thing anybody can do is move from a state with high state and property taxes to another state. I’m with others who feel this is a feature and not a bug of the new law.
by Bigbonds
Tue Jan 02, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: How to Get Money Out of One's Investments for a Early Retiree
Replies: 24
Views: 2077

Re: How to Get Money Out of One's Investments for a Early Retiree

A Roth conversion ladder offers so many benefits over 72t I honestly have no clue why you would do 72t. The flexibility of a Roth conversion ladder alone and the fact that you’re not locked in the way you are on a 72t is enough to make it a far superior strategy.
by Bigbonds
Mon Jan 01, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth in 2018. Has anything changed?
Replies: 14
Views: 3988

Re: Backdoor Roth in 2018. Has anything changed?

And the mega backdoor Roth. Glad both survived
by Bigbonds
Sun Dec 31, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Planning Advice
Replies: 43
Views: 4219

Re: Early Retirement Planning Advice

I find the use a multiple to determine FIRE to be nice for a soft target when you are years away from pulling the trigger. However as you get closer I think you really need to drill down to the details of annual spending inclusive of pension (we have a modest one at age 65), Social Security and mos...
by Bigbonds
Sun Dec 31, 2017 7:01 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Planning Advice
Replies: 43
Views: 4219

Re: Early Retirement Planning Advice

Let's put some numbers together for clarity and all numbers are in today dollars. Say you need $80K a year to live comfortably which is about $100K before taxes. You are 57 now and want to take social security benefits at 67 at which time you would get $30K a year. You would need: ● $100K x 10 = $1...
by Bigbonds
Sun Dec 31, 2017 1:02 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Planning Advice
Replies: 43
Views: 4219

Re: Early Retirement Planning Advice

Let's put some numbers together for clarity and all numbers are in today dollars. Say you need $80K a year to live comfortably which is about $100K before taxes. You are 57 now and want to take social security benefits at 67 at which time you would get $30K a year. You would need: ● $100K x 10 = $1...
by Bigbonds
Sat Dec 30, 2017 10:51 pm
Forum: Personal Consumer Issues
Topic: Stoics View on Debt
Replies: 33
Views: 3334

Re: Stoics View on Debt

Correct, medical bankruptcy happens ... And a well run business can hit the skids through no fault of the owner/ managers. Divorce happens. Stoicism would help a person get through these situations (as would other phil. and rel.). The OP was a cautionary note. We can all use them once in a while. I...
by Bigbonds
Sat Dec 30, 2017 10:27 pm
Forum: Personal Consumer Issues
Topic: Stoics View on Debt
Replies: 33
Views: 3334

Re: Stoics View on Debt

There is a big difference between ancient Greece and Rome and modern day America and it is call Bankruptcy. Not that I am advocating such but needs must. Not really, I know a few folks who have gone through bankruptcy ... It nearly kills a persons soul. Then there are student loans which are note b...
by Bigbonds
Sun Dec 10, 2017 7:24 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 71
Views: 6937

Re: Dad Needs Help Buying Wedding Liquor

Fireball, lots and lots of Fireball. Rumplemens too
by Bigbonds
Thu Dec 07, 2017 10:38 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 85
Views: 8789

Re: Jack Bogle Is Worried About U.S. Pensions

TheTimeLord wrote:
Thu Dec 07, 2017 9:27 pm
Just when I start thinking about retiring in 2018, Bogle pulls me back in. I guess I need a few more OMYs.
The other half of the country that pays no federal taxes appreciate all your OMY’s, keep it up. ;)
by Bigbonds
Thu Dec 07, 2017 8:44 am
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 56
Views: 7276

Re: House on the market less than a day. Did listing agent commit fraud?

They might have done you a favor. Housing prices are completely out of whack according to historical pricing norms. We are back up and past 2008 levels, not good. It’s completely possible you could look back on this in a year with the perspective that you dodge a bullet. http://www.doctorhousingbubb...
by Bigbonds
Sat Dec 02, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 14582

Re: FIRE [financial independence/retire early]

I always find these topics on here so amusing. In my head it’s like picturing a bunch of 50 year olds standing around on an air field debating for 5 hours about if they should sky dive or not, the beifits, the risk, watching people younger than them walk by, get in the plane and saying stuff like “t...
by Bigbonds
Sat Dec 02, 2017 9:11 am
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 14582

Re: FIRE [financial independence/retire early]

Here's a health plan in Pittsburgh - Married couple both 55 with income of approx $23k - Monthly premium is $4.62 - yes - I put the decimal point in the right place. https://i.imgur.com/lvVKgY8.png However I believe this also proves another point made by several in this conversation. For a couple e...
by Bigbonds
Wed Nov 29, 2017 7:01 am
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 14582

Re: FIRE [financial independence/retire early]

Since the ACA is fully implemented in Colorado healthcare is the last thing I worry about. I’m way more concerned about wasting 10 years or more of my healthy years working a high paying, high stress job that will probably cause health problems just so I can pay taxes for a bunch of stuff I don’t ag...
by Bigbonds
Sun Nov 26, 2017 6:57 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle's Future Growth Projection
Replies: 15
Views: 1901

Re: Jack Bogle's Future Growth Projection

That's going to really suck if Jack ends up being right. If you look hard enough you can find him making these same predictions year after year since after the crash in 2008. Jack is a great man but when it comes to predicting the stock market future he is about as right as a broken watch. Warren B...
by Bigbonds
Wed Nov 15, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Too much risk for early retirement?
Replies: 21
Views: 3628

Re: Too much risk for early retirement?

Google “Roth conversion ladder”. If your biggest worry is accessing your funds without paying the early withdrawal feel free to retire.
by Bigbonds
Sun Nov 12, 2017 12:35 pm
Forum: Investing - Theory, News & General
Topic: Are we headed for a crash or...
Replies: 19
Views: 2084

Are we headed for a crash or...

Is this just the beginning? Of course past is no prediction of the future but I found this chart pretty interesting.

https://www.beacontechnologies.com/blog ... -cycle.jpg
by Bigbonds
Sat Nov 11, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Personal letters to the sellers of your house can work!!!
Replies: 74
Views: 8792

Re: Personal letters to the sellers of your house can work!!!

There is a lot of cash in the economy but to me this feels nothing like 2006. That was a credit bubble par excellence. This is just housing exuberance. I do not think we are about to see prices tank nationally, barring a catastrophic black swan. Isn’t that exactly what people were saying around 200...
by Bigbonds
Sat Nov 11, 2017 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Personal letters to the sellers of your house can work!!!
Replies: 74
Views: 8792

Re: Personal letters to the sellers of your house can work!!!

This sounds like it’s a California market and as someone from Texas I still can’t get it. I wouldn’t even offer more than the Zillow estimate much less more than asking price. I agree with others that this feels eerily similar to pre 2008. Maybe the new norm will be for housing to go through booms a...
by Bigbonds
Tue Oct 31, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20220

Re: Early-retired 35 year old with $1 million

Wow! I’m guessing you live in California or NY if you think it’s that expensive to raise kids. If you ever want a little perspective check out RootofGood.com guy was an engineer, early retired at 33 with only a little more than the OP, has 3 kids, travels and post his complete monthly budget and in...
by Bigbonds
Tue Oct 31, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20220

Re: Early-retired 35 year old with $1 million

As some others have mentioned, the key is whether you want to get married and/or have kids. If you stay single, you can get by with your frugal lifestyle. If you get married, its not your call anymore. Your spending will be a function of what your wife wants to spend and the kids. Not to mention th...
by Bigbonds
Sun Oct 29, 2017 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20220

Re: Early-retired 35 year old with $1 million

All the comments about healthcare lead me to believe that many bogleheads are seriously misinformed about it. Healthcare will be a nonissue depending on the state of course. Don’t believe me? Take a look at RootofGood, he posts his entire budget for him, his wife and three kids. Health insurance is...
by Bigbonds
Sun Oct 29, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20220

Re: Early-retired 35 year old with $1 million

All the comments about healthcare lead me to believe that many bogleheads are seriously misinformed about it. Healthcare will be a nonissue depending on the state of course. Don’t believe me? Take a look at RootofGood, he posts his entire budget for him, his wife and three kids. Health insurance is ...
by Bigbonds
Sat Oct 28, 2017 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20220

Re: Early-retired 35 year old with $1 million

Hate to tell you this, I don't think you have enough to retire unless you live in a very low cost of living area. With 80% stocks, you are also vulnerable to a bear market. Are you really going to live on $30,000 a year? I’m guessing you would be shocked to know that the average American household ...
by Bigbonds
Sat Oct 28, 2017 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20220

Re: Early-retired 35 year old with $1 million

But good luck giving it a try for a while! Welcome to the Forum! JW And good luck trying to find a job you'll be happy with after laying out of the job market for awhile. And then good luck stretching your money into normal retirement years. And then good luck living in your normal retirement years...
by Bigbonds
Sat Oct 28, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20220

Re: Early-retired 35 year old with $1 million

Hate to tell you this, I don't think you have enough to retire unless you live in a very low cost of living area. With 80% stocks, you are also vulnerable to a bear market. Are you really going to live on $30,000 a year? I’m guessing you would be shocked to know that the average American household ...
by Bigbonds
Sat Oct 28, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20220

Re: Early-retired 35 year old with $1 million

Steve Jobs had billions, access to the best medical care on the planet, still died working himself into the grave. Look up the Steve Jobs is dead principle on YouTube. Think about it. Actually, Steve Jobs was a health food/yoga/cosmic energy nut-bar. That's what did him in. He wanted to believe tha...
by Bigbonds
Sat Oct 28, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20220

Re: Early-retired 35 year old with $1 million

It’s more than enough especially if you have a paid off house in a low cost area, grand junction and Colorado Springs are two perfect examples. Health care is a not going to be an issue. Just go to the Colorado health care exachange and check the rates yourself. Using income manipulation you can get...
by Bigbonds
Wed Oct 25, 2017 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 21118

Re: Let's talk about your FI # and family income [Financial Independence]

DINKS

Income: 200k
FI# 1.25m with paid off house
Target retirement age: 41 38
by Bigbonds
Mon Oct 16, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: Dental implants in Poland
Replies: 29
Views: 2677

Re: Dental implants in Poland

I just think it's too dicey to go abroad for dental implants, purely my opinion. I have a general dentist, endodontist, and oral surgeon, unfortunately. I had read that Hungary has excellent dentistry for expats, so I ran it by my dentist just out of curiousity- she said some of the worst dentistry...
by Bigbonds
Sun Oct 15, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 6682

Re: Help me understand what happens with the new law and ACA subsidies

Actionable items: 1.) and this is key, have a paid off house in a lcol area with low property taxes such as Colorado. 2.) don't work so hard, make less, if your wife works considered letting her stay home and take care of the kids. Take the time to do the math and make sure it's really worth it to ...
by Bigbonds
Sat Oct 14, 2017 5:15 pm
Forum: Personal Consumer Issues
Topic: Dental implants in Poland
Replies: 29
Views: 2677

Re: Dental implants in Poland

IMHO when it comes to dental implants and spine surgery and brain surgery and hip replacement, I'd find a way of paying for the best and the best (and most available, meaning USA) follow up care that money can buy. How do you know that you are getting the best doctors in the U.S.? We recently had a...
by Bigbonds
Sat Oct 14, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 6682

Re: Help me understand what happens with the new law and ACA subsidies

Actionable items: 1.) and this is key, have a paid off house in a lcol area with low property taxes such as Colorado. 2.) don't work so hard, make less, if your wife works considered letting her stay home and take care of the kids. Take the time to do the math and make sure it's really worth it to m...
by Bigbonds
Sat Oct 14, 2017 7:18 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 11397

Re: 2018 ACA costs arrived

Cost sharing reductions for low income (between 125% - 250% of federal poverty limit) was supposed to be provided by the federal government to the insurance companies. Depends on who you listen to. The judicial branch has ruled that reimbursement of these cost sharing reductions was not part of the...
by Bigbonds
Sat Oct 14, 2017 7:07 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 88
Views: 11397

Re: 2018 ACA costs arrived

Well with the elimination of the CSRs by the Feds, my unsubsidized Blue Shield Silver PPO plan in California is going up a full 50%!!! No BS. :oops: Supposedly if I buy off exchange, I may not be hit by the surcharge for lack of CSR, but the off exchange rates are not yet available. I'm searching a...
by Bigbonds
Tue Oct 10, 2017 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 16879

Re: [Boglehead vs Mr Money Mustache philosophies]

How much do I need to retire?

Bogleheads: 5 million, minimum!

MMM: $500,000

That pretty much sums up the difference
by Bigbonds
Sat Oct 07, 2017 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Retirees, how and how much do you pay for health insurance?
Replies: 33
Views: 4480

Re: Retirees, how and how much do you pay for health insurance?

Bigbonds, do you buy directly from the ACA site, or do you use a broker? Directly from ACA. Wife and I have a paid off house, no debt, relatively minimalist and get by on $36000 to $40000 a year but by using income manipulation it looks like we only make $24,000 which keeps us right above Medicaid ...
by Bigbonds
Sat Oct 07, 2017 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Retirees, how and how much do you pay for health insurance?
Replies: 33
Views: 4480

Re: Retirees, how and how much do you pay for health insurance?

41 wife 38. $1000 a year for a sliver plan in Colorado Springs. Deductiable is only $75 per person with 5 companies to choose from. We accomplish this by having no debt including a paid off house and using income manipulation to make it appear we earn/Roth convert 24k a year. Work the system or the...
by Bigbonds
Fri Oct 06, 2017 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees, how and how much do you pay for health insurance?
Replies: 33
Views: 4480

Re: Retirees, how and how much do you pay for health insurance?

41 wife 38. $1000 a year for a sliver plan in Colorado Springs. Deductiable is only $75 per person with 5 companies to choose from. We accomplish this by having no debt including a paid off house and using income manipulation to make it appear we earn/Roth convert 24k a year. Work the system or the ...
by Bigbonds
Sat Sep 23, 2017 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 9539

Re: Age you retired

The number of answers in the 40s is surprising What did you do and what kind of net worth did you have to do that? Did you have children? Just to hop on that derail of the thread. How did the folks explain to the kids that you were retired at early 40's when you they were likely just in elementary ...