Search found 70 matches

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: 3159

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: 1814

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: 72
Views: 7223

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: 72
Views: 7223

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: 18556

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: 18556

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: 18556

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: 18556

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: 18556

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: 18556

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: 18556

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: 18556

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: 18556

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: 20021

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: 2399

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: 5886

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: 2399

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: 5886

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: 10456

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: 10456

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: 15084

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: 4096

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: 4096

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: 4096

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: 8683

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 ...
by Bigbonds
Sat Sep 16, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Potential changes to 401k plans
Replies: 2
Views: 696

Potential changes to 401k plans

Leaving politics out of it, I'm curious to get opinions on potential changes to 401k plans, specifically the proposed ROTHing of half of even all of future 401k contributions? I know the mad fientist did a study/article showing how your money grows faster when you save pretax in your 401k. For a lot...
by Bigbonds
Sat Sep 16, 2017 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 20021

Re: Let's talk about your FI # and family income

Wouldn't the target FI number depend on the age? A 30 year old FI number would be much larger than a 60 year old FI number Surprisingly, the SWR difference at those ages is relatively small (medical coverage in the pre-ACA days and the SS are bigger issues). A 60 year old may use a 4% SWR while a 3...
by Bigbonds
Sat Sep 02, 2017 7:32 am
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 37407

Re: Michael Kitces 4% rule podcast on Madfientist

In your example, if the retirement portfolio is invested in the typical 60/40 fashion and the market drops 50%, and stays there, even 3% in required distributions can become catastrophic. As a safer approach, Bill Bernstein divides retirement assets into Liability Matching Portfolio (LMP) and Risk ...
by Bigbonds
Fri Sep 01, 2017 1:45 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 17893

Re: [Are the Bogleheads] getting less interesting?

I agree. This place is a very tight sandbox and there are a ton of investing related topics that could have a major impact on all bogleheads that you're not even allowed to discuss(the federal reserve, for a mild example). Members with different opinions from the norm are not tolerated and often ha...
by Bigbonds
Thu Aug 31, 2017 9:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 17893

Re: [Are the Bogleheads] getting less interesting?

jadedfalcons wrote:
Thu Aug 31, 2017 8:42 pm
:D I always thought that it was because when the threads started to get interesting, Ladygeek would swoop in and lock them up.
+1
by Bigbonds
Thu Aug 31, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 168
Views: 17409

Re: What should the savings be for an average professional

It's always important when discussing a topic such as this to remember that bogleheads are an exclusive group and this place is in no way, shape, or form a representation of reality. 78% of Americans live paycheck to paycheck. Only 15% of Americans could fund even one year of retirement(meaning they...
by Bigbonds
Sat Aug 26, 2017 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Living Expenses - what's "reasonable"?
Replies: 101
Views: 9445

Re: Living Expenses - what's "reasonable"?

One cost of living item is med costs related to obesity due to of exercise and exercise i.e. Not investing in life style. Diabetes is very expensive and some meds are priced so high and rising without reason. For the majority it's avoidable by lifestyle but folks don't do it. Med costs can be a lar...
by Bigbonds
Fri Aug 25, 2017 8:42 pm
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 4239

Re: John Bogle video (discusses international)

I suppose that in 2000 you couldn't convince a dotcom investor to diversify, and in 1990 you couldn't convince a Japanese equity investor to diversify. US stocks have done well and are expensive. They will very likely underperform global stocks in the coming decades. Maybe by a lot. Owning Total Wo...
by Bigbonds
Wed Aug 23, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 3307

Re: Would you hire an obese nanny?

I can jump to conclusions just like many other posters: OP: If you pass over the obese nanny who you feel is really well qualified and choose the very-thin nanny - it could be that the really thin nanny is only really thin because she is a meth-addict. Or a vegan who will pass along wonderful healt...
by Bigbonds
Wed Aug 23, 2017 9:19 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 3307

Re: Would you hire an obese nanny?

What if it's not a genetics/health issue? What if she is like most Americans and consumes an insane amount of added sugar and simply doesn't exercise? Are you sure this is who you want making food and exercise decisions and teaching your kids habits they will grow up? This is habits that could have ...
by Bigbonds
Wed Aug 23, 2017 8:19 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 3307

Re: Would you hire an obese nanny?

Being judged on your looks or waistline is just a reality of life. I don't see a problem with it as long as you are not holding anybody to a standard you don't live up to yourself. If someone can't make good enough choices in life to manage their waistline I question their other choices in life. Chi...
by Bigbonds
Fri Aug 18, 2017 6:37 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 7262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

I asked to see a link to Larry's results and what fees he charges, I would love to understand what separates him from the thousands of other financial advisors out there. He charges $0.00 for his advice on the forum, which has shaped many a factor-tilted portfolio, using open-access funds (with no ...
by Bigbonds
Fri Aug 18, 2017 5:20 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 7262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

Also, if you want a track record, please tell me which of the above mentioned options I gave would be used. All three would have advantages and disadvantages. None of them are particularly meaningful because you are truly asking for apples versus oranges comparison. Perhaps you would be interested ...
by Bigbonds
Thu Aug 17, 2017 10:56 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 7262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

Also, if you want a track record, please tell me which of the above mentioned options I gave would be used. All three would have advantages and disadvantages. None of them are particularly meaningful because you are truly asking for apples versus oranges comparison. Perhaps you would be interested ...
by Bigbonds
Thu Aug 17, 2017 10:06 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 7262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

Bigbonds, You honestly don't get it. Passive investing is about taking what the markets give us, minus fees. The S&P 500 is basically a large cap fund. There is no magic to any portfolio Larry's firm would create for a client. The portfolio just has a different collection of risks and return driver...
by Bigbonds
Thu Aug 17, 2017 8:17 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 7262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

Bigbonds, You're missing the point big time. There really aren't any specific "Larry results" to be shown. He is a member of a full service financial advisory firm. They create portfolios customized to the needs and desires of individual clients. Now that being said, their firm has a very sound and...
by Bigbonds
Thu Aug 17, 2017 4:45 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 7262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

Does anybody have a link to Larry Swedroes performance over the past 10 to 15 years? I don't think that Larry has ever made his own portfolio public. Larry did write an article about a mutual fund company through whom I invest. It was a negative article though the difference between the mutual fund...
by Bigbonds
Thu Aug 17, 2017 10:38 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: World Isn't Flat-Invest Accordingly
Replies: 71
Views: 7262

Re: Larry Swedroe: World Isn't Flat-Invest Accordingly

Does anybody have a link to Larry Swedroes performance over the past 10 to 15 years?
by Bigbonds
Wed Aug 16, 2017 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 9243

Re: ObamaCare 2018

Detroit looks good too. And you can get a really cheap house there. There's a reason... well several reasons for that! Uninsured health costs can of course wipe out all financial planning. I am sure there are places in greater Detroit and perhaps even in the city proper which are safe to live in? ....
by Bigbonds
Wed Aug 16, 2017 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 9243

Re: ObamaCare 2018

I am early retired and health insurance is a factor in where I move for retirement. From this article, Seattle looks attractive. Detroit looks good too. And you can get a really cheap house there. There's a reason... well several reasons for that! Uninsured health costs can of course wipe out all f...
by Bigbonds
Tue Aug 15, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Expect to spend $2.6M on healthcare?
Replies: 66
Views: 6920

Re: Expect to spend $2.6M on healthcare?

Is working an extra decade of your healthy years when you have the money to pull of early retirement a "good situation to be in" just because you have an irrational fear of what the last few unhealthy ones might be like? Guess what, even if you end up indigent in a nursing home 99% of the country w...
by Bigbonds
Tue Aug 15, 2017 12:55 am
Forum: Personal Finance (Not Investing)
Topic: Expect to spend $2.6M on healthcare?
Replies: 66
Views: 6920

Re: Expect to spend $2.6M on healthcare?

I read these topics and articles and just laugh every time. I often wonder how many people here take this stuff seriously and are putting off early retirement or retirement in general because of this. You have to be declared indigent before Medicaid starts to pick up the tab on your nursing home bi...
by Bigbonds
Mon Aug 14, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Expect to spend $2.6M on healthcare?
Replies: 66
Views: 6920

Re: Expect to spend $2.6M on healthcare?

I read these topics and articles and just laugh every time. I often wonder how many people here take this stuff seriously and are putting off early retirement or retirement in general because of this. You have to be declared indigent before Medicaid starts to pick up the tab on your nursing home bi...
by Bigbonds
Sun Aug 13, 2017 6:12 pm
Forum: Personal Consumer Issues
Topic: I cut the cord a couple years back but think I'm going back to cable
Replies: 47
Views: 8248

Re: I cut the cord a couple years back but think I'm going back to cable

Just note on one of the popular baseball forums I read several users posted that their MLB subscriptions were canceled by MLB after they used VPNs to avoid blackouts for breaking MLBS TOS. I have no idea on the specifics as I know many people use VPNs and proxies seem to have success. One poster po...