Search found 317 matches

by Johnsson
Tue May 26, 2020 5:53 am
Forum: Personal Finance (Not Investing)
Topic: Preparing to be a new ophthalmology attending.... Successful job hunting?
Replies: 3
Views: 494

Re: Preparing to be a new ophthalmology attending.... Successful job hunting?

Hopefully the pandemic doesn't dissuade practices from searching. Things seem to be opening up slowly, so hopeful by the time he's looking in earnest there's pent-up demand for cornea specialists. Fingers crossed!

Thank you so much for your input!
by Johnsson
Mon May 25, 2020 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Preparing to be a new ophthalmology attending.... Successful job hunting?
Replies: 3
Views: 494

Preparing to be a new ophthalmology attending.... Successful job hunting?

My child is about to start a cornea fellowship. A year from now, he'll be starting as an attending physician. He has moved around with his education. Med school and preliminary year in city 1, residency in city 2 and a fellowship in city 3. All well-respected programs. A fair amount of research and ...
by Johnsson
Fri May 15, 2020 12:01 pm
Forum: Personal Investments
Topic: Should we sell our rental?
Replies: 31
Views: 2185

Re: Should we sell our rental?

. . . . selling the house would enable more options via providing liquid funds. Also, it simplifies life. Do I want to be landlord or did I have enough of that? I've learned how to do it very well and I'm almost attached to it but I'm also tired of it and wouldn't mind simplifying life. . . . What ...
by Johnsson
Tue May 12, 2020 4:47 pm
Forum: Personal Investments
Topic: DH Laid Off - can we retire early?
Replies: 40
Views: 4914

Re: DH Laid Off - can we retire early?

I don't want to rain on your parade, but do want to remind you that unless you're lucky :( , someone will pass on before the other... removing the lower SS payment. Your remaining SS and remaining portfolio are what will fund the rest of life. This puts great importance on maxing your husband's SS, ...
by Johnsson
Mon May 11, 2020 3:35 pm
Forum: Personal Consumer Issues
Topic: Password vault or generator?
Replies: 74
Views: 3918

Re: Password vault or generator?

Dashlane.
by Johnsson
Mon May 11, 2020 2:59 pm
Forum: Personal Investments
Topic: Tax Loss Harvest in 12% bracket?
Replies: 25
Views: 1497

Re: Tax Loss Harvest in 12% bracket?

My thoughts (unsubstantiated)... Which could possibly be mitigated by a.) Using it as a tactical tool, running it each year prior to converting (so numbers are current) and b.) Use income projections that are 'flat' across the board (e.g. 1 or 2%) so that pre-taxed accounts won't be growing inordina...
by Johnsson
Mon May 11, 2020 2:33 pm
Forum: Personal Investments
Topic: Tax Loss Harvest in 12% bracket?
Replies: 25
Views: 1497

Re: Tax Loss Harvest in 12% bracket?

Did you look at... https://www.i-orp.com/Inflate/extended.html ? It works to level your taxation (avoid spikes) while doing Roth conversions and maximizing overall spending. It has allowances for the ACA cliff. It's a powerful tool. I hope/expect to manage our retirement situation (hopefully starti...
by Johnsson
Mon May 11, 2020 12:01 pm
Forum: Personal Investments
Topic: Tax Loss Harvest in 12% bracket?
Replies: 25
Views: 1497

Re: Tax Loss Harvest in 12% bracket?

Did you look at... https://www.i-orp.com/Inflate/extended.html ? It works to level your taxation (avoid spikes) while doing Roth conversions and maximizing overall spending. It has allowances for the ACA cliff. It's a powerful tool. I hope/expect to manage our retirement situation (hopefully startin...
by Johnsson
Sun May 10, 2020 3:52 pm
Forum: Personal Investments
Topic: Net asset value driven glide path models
Replies: 7
Views: 547

Re: Net asset value driven glide path models

I really like Mr. Whoopee's proposal, and might go that way. It makes a lot of sense. I am however torn... we will be about 35x, possibly tapering down (if the market is flat) until we get to SS at 70, at which point we should be 100x or more if we're both still living. Do we need 60 or 70% in FI at...
by Johnsson
Mon Apr 20, 2020 9:26 am
Forum: Personal Investments
Topic: Deciding whether to sell our rental property
Replies: 3
Views: 311

Re: Deciding whether to sell our rental property

Sell if you can. Your tiny income will easily get eaten up by even minor maintenance. Your current opportunity to profit before 11/21 won't come around again. Being a 'unique' property makes it seem as it could be difficult to find a buyer if your tenant's uninterested. In general it sounds like mor...
by Johnsson
Wed Apr 15, 2020 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: How many paid for kids' college?
Replies: 282
Views: 13463

Re: How many paid for kids' college?

We payed for one at a state school who had a 16% grant. The 2nd got a full ride so it cost us a $22k for a new car (promised to both when they were 7 or 8 years old, IFF they got a full ride).
by Johnsson
Sun Apr 12, 2020 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Just how easy is owning real estate if you have a property manager? (super easy, or just “less hard”)?
Replies: 51
Views: 4583

Re: Just how easy is owning real estate if you have a property manager? (super easy, or just “less hard”)?

Less hard. We've been doing this for about 28 years. At the end of the day YOU are the only one married to the property, for better or worse. It's your money and their aggravation. You need to pay attention and inspect the property periodically to make sure it stays in good shape (and the tenants ar...
by Johnsson
Sun Apr 12, 2020 7:52 am
Forum: Personal Investments
Topic: Relying on bonds to weather a down market in early phase of retirement
Replies: 12
Views: 1764

Re: Relying on bonds to weather a down market in early phase of retirement

A discussion that includes use of index funds (in lieu of TIPs/ I bonds) in a LMP... viewtopic.php?t=288960
by Johnsson
Sun Apr 12, 2020 7:39 am
Forum: Personal Investments
Topic: Relying on bonds to weather a down market in early phase of retirement
Replies: 12
Views: 1764

Re: Relying on bonds to weather a down market in early phase of retirement

I am in your shoes... or at least very similar shoes. I also recommend the resources above. You need to find what feels right for you. We have the same multiple of spending. Same AA. And plan to retire in January 2021 at 59, for tax and ACA reasons. I have also thought of 50/50. I would call our A/A...
by Johnsson
Sat Apr 04, 2020 6:53 am
Forum: Personal Finance (Not Investing)
Topic: How much have YOU reduced spending during downturns?
Replies: 4
Views: 1844

Re: How much have YOU reduced spending during downturns?

OP, I've been asked to merge this thread with Are your personal expenses down during stay home and shelter? . Most of the responses have treated the two threads as if they share a single topic. But I think you are actually asking something different. Could you please clarify your issue and maybe ed...
by Johnsson
Sat Apr 04, 2020 6:51 am
Forum: Personal Finance (Not Investing)
Topic: For those on a budget, how did YOU adjust your Withdrawal Rate (WR)/spending during major downturns (e.g. 2002, 2008)
Replies: 3
Views: 301

For those on a budget, how did YOU adjust your Withdrawal Rate (WR)/spending during major downturns (e.g. 2002, 2008)

I tried this once and the yellow brick road went in a different direction than I intended. Here's a 2nd attempt (with a new Subject line)... We're planning to retire 1/2021, at age 59, with 10 yrs until SS. I've been watching our portfolio and have felt at least a little of the pain I expect to feel...
by Johnsson
Fri Apr 03, 2020 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: How much have YOU reduced spending during downturns?
Replies: 4
Views: 1844

How much have YOU reduced spending during downturns?

We're planning to retire 1/2021. I've been watching our portfolio and have felt at least a little of the pain I expect to feel when spending during a downturn. I know others reduce spending during a downturn, and it seems prudent, but how drastic were your cuts? Our plans for spending a couple month...
by Johnsson
Thu Mar 26, 2020 6:46 am
Forum: Personal Investments
Topic: Rick Ferri says to put aside something for "Bingo Money"
Replies: 76
Views: 9163

Re: Rick Ferri says to put aside something for "Bingo Money"

How about Royal Caribbean? BTW, I holding tight with my 3 fund but I have considered putting some money into some of the cruise ship stocks. Bought 200 shares of RCL at 23 to get onboard credit during cruises. After some thought I rebalanced (with 2%) into it at 32.5. Little to lose, much to gain. ...
by Johnsson
Thu Mar 26, 2020 6:40 am
Forum: Investing - Theory, News & General
Topic: Any other investors with 70/30 portfolio?
Replies: 110
Views: 19988

Re: Any other investors with 70/30 portfolio?

Was 100% until 2 years ago at age 56 (after I found Bogleheads). Then decided to be 70/30 for life. Then I decided to be 60/40 for life. I saw this on Bogleheads (sorry, I can't remember who posted it), tied to how much you have... and thought it made a lot of sense... up to 25x... 70/30 25-30x... 6...
by Johnsson
Thu Mar 26, 2020 6:22 am
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 320
Views: 25668

Re: How much you lost/gain since Feb 20,2020 ?

down 500k as of Friday. Rebalanced a little into a cruise line.
by Johnsson
Thu Mar 26, 2020 6:19 am
Forum: Personal Investments
Topic: Rick Ferri says to put aside something for "Bingo Money"
Replies: 76
Views: 9163

Re: Rick Ferri says to put aside something for "Bingo Money"

How about Royal Caribbean? BTW, I holding tight with my 3 fund but I have considered putting some money into some of the cruise ship stocks. Bought 200 shares of RCL at 23 to get onboard credit during cruises. After some thought I rebalanced (with 2%) into it at 32.5. Little to lose, much to gain. ...
by Johnsson
Mon Mar 16, 2020 3:22 pm
Forum: Personal Investments
Topic: TLH timeline question
Replies: 12
Views: 511

Re: TLH timeline question

https://www.bogleheads.org/wiki/Wash_sa ... definition

Yes, sorry. I was incorrect. You can't purchase within 30 days +/- of the loss sale.
by Johnsson
Mon Mar 16, 2020 3:00 pm
Forum: Personal Investments
Topic: TLH timeline question
Replies: 12
Views: 511

Re: TLH timeline question

My understanding is the 30 rule applies to repurchase of what was sold. So, you only get in trouble if you purchase VFWAX again in less than 30 days.

... after this exchange you'll have 30 days you can't buy VTIAX.

Do it too much and you could run out of options.
by Johnsson
Mon Mar 16, 2020 10:35 am
Forum: Personal Investments
Topic: Purchase order timing
Replies: 3
Views: 176

Re: Purchase order timing

Before close you buy at today's closing. After closing today you buy at tomorrow's closing.
by Johnsson
Fri Mar 13, 2020 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Recent Early Retirees How are You Coping?
Replies: 29
Views: 3849

Re: Recent Early Retirees How are You Coping?

Not quite your target responder, but... Planning to retire in January-ish, 2021. We had 38x and are also down to 32x. My plan was to spend 2.5% for basic living and 3.3% for fancy living. As for you, the math has changed. Though not quite at a rebalancing band I'm tempted to rebalance (~4%) fixed to...
by Johnsson
Tue Mar 03, 2020 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: What % of total assets do YOU have in DAF?
Replies: 13
Views: 910

Re: What % of total assets do YOU have in DAF?

Corrected... Thank you both!!
by Johnsson
Tue Mar 03, 2020 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: What % of total assets do YOU have in DAF?
Replies: 13
Views: 910

What % of total assets do YOU have in DAF?

DW and I are trying to decide on how much to put in a DAF (Donor Advised Fund) for charitable giving. This decision is of course tempered by how much will remain available for living expense and future QCDs. This should be our last year of higher income when the deduction could have the largest effe...
by Johnsson
Tue Mar 03, 2020 4:53 pm
Forum: Personal Investments
Topic: Almost to retirement...Please critic our IPS...
Replies: 18
Views: 1477

Re: Almost to retirement...Please critic our IPS...

I assume your bullets aren't in priority order here: Leave a meaningful inheritance for daughter and son. Retire ~ 1/1/2021 If so - I would certainly flip the two :) I like it! In fact - I may steal a couple of lines. I do agree with Jack with some simplification. I have similar tilts in my portfol...
by Johnsson
Tue Mar 03, 2020 4:46 pm
Forum: Personal Investments
Topic: Almost to retirement...Please critic our IPS...
Replies: 18
Views: 1477

Re: Almost to retirement...Please critic our IPS...

Our IPS has (3) different sections: 1. From retirement to start of my SS at age 70 (I am higher earner, spouse claimed at 62). More cash in the portfolio to cover living expenses. 2. From start of SS to passing of first spouse (SS covers our living expenses, focus is on RMDs, Roth conversions and f...
by Johnsson
Tue Mar 03, 2020 4:44 pm
Forum: Personal Investments
Topic: Almost to retirement...Please critic our IPS...
Replies: 18
Views: 1477

Re: Almost to retirement...Please critic our IPS...

OP, Could you elaborate more on your Rebalancing approach? - Specific time of year? - How out of balance an asset can become? Here is a sample of our IPS . It’s been pretty helpful for us. It’s a bit long but it’s also used to help my wife and daughter to be ready to manage things if I pass first. ...
by Johnsson
Tue Mar 03, 2020 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Making public vs. private high school decision
Replies: 59
Views: 3329

Re: Making public vs. private high school decision

For $120K I'd want my student to be 90/10 sure not 60/40 - although at that age they won't be sure until they get there. Being in the minority of "New" students could be a major drawback at that age. You say you can afford it but then state you would have to cut back on other items (International T...
by Johnsson
Tue Mar 03, 2020 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Making public vs. private high school decision
Replies: 59
Views: 3329

Re: Making public vs. private high school decision

It's more about the student than the public/private choice. Strong student will excel in either. +1 I'm guessing the competition in the public school will be as strong as the private school (or stronger). She will rise to her level at either school. Note: Her future will not be all about academics....
by Johnsson
Tue Mar 03, 2020 3:47 pm
Forum: Personal Investments
Topic: Almost to retirement...Please critic our IPS...
Replies: 18
Views: 1477

Re: Almost to retirement...Please critic our IPS...

I really like your plan. I'm about 4-6 years away. Hope you don't mind if I take it for myself. I've been thinking of all this stuff and you have it written down very succinctly. I have very much the same philosophy and thoughts, but will probably just keep my aa even if the market goes down, altho...
by Johnsson
Tue Mar 03, 2020 2:48 pm
Forum: Personal Investments
Topic: Almost to retirement...Please critic our IPS...
Replies: 18
Views: 1477

Re: Almost to retirement...Please critic our IPS...

Perfect. I had been back and forth on when to take SS. OpenSocialSecurity does indeed say one at 62 and one at 70. I tested this out using I-Orp trialing... both at 62, one at FRA/other at 70 and both at 70 (we both get very similar amounts) AND one or both of us living to 75 and 99 (15 trials). The...
by Johnsson
Tue Mar 03, 2020 11:37 am
Forum: Personal Investments
Topic: Almost to retirement...Please critic our IPS...
Replies: 18
Views: 1477

Re: Almost to retirement...Please critic our IPS...

I think as we spend down the taxable I may do as you say... reducing to one equity fund. For now I'm limited to what we have in taxable which is about 35% of the total. My Mom's in a CCRC with a cost to buy in (she moved in with my disabled sister when she was 84). It's church related and won't thro...
by Johnsson
Tue Mar 03, 2020 11:23 am
Forum: Personal Investments
Topic: Share Your IPS
Replies: 22
Views: 1659

Re: Share Your IPS

Just posted, here... viewtopic.php?f=1&t=305754
by Johnsson
Tue Mar 03, 2020 11:18 am
Forum: Personal Investments
Topic: Almost to retirement...Please critic our IPS...
Replies: 18
Views: 1477

Almost to retirement...Please critic our IPS...

We hope to retire early 2021 and I'm trying to get our financial house in order before we make that move. I plan to get opinions of our specific investments/amounts but want to start with out IPS. I've struggled with this for a couple of years, mainly because I'm the only one in my immediate family ...
by Johnsson
Fri Feb 28, 2020 5:39 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 37749

Re: Anybody want to guess the bottom of this "dip"?

-16% from the previous high.

If you can believe what we're hearing... new cases are slowing and China's reopening mfg plants, so, things will look brighter next week. :?:

Hopefully they can stick to the facts and keep overdramatic hyperbole in check.
by Johnsson
Fri Feb 28, 2020 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Shifting IRA funds around..
Replies: 2
Views: 231

Re: Shifting IRA funds around..

Nope. Did it the fall of 2018. Just make sure it's a bank to bank and IRA to IRA transfer. Call the folks at the receiving (CD) bank to ensure it's set up properly and they should pull the money over and set up the Cds by your direction (after signing required docs). No checks written to you or DW.
by Johnsson
Fri Feb 28, 2020 2:56 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 491
Views: 41554

Re: The Calm Post - Stay the course thread.

Currently in Cancun and unable to do anything but watch. Life was better before the internet!! We may have hit a band. Fortunately we're home on Saturday and I'll be able to do something... I'll at least to be able to calculate where our AAs at. I don't usually feel the need to do anything and am ha...
by Johnsson
Fri Feb 28, 2020 12:14 pm
Forum: Personal Investments
Topic: How is AA across multiple accounts easier/simpler than mirrored AA?
Replies: 13
Views: 759

Re: How is AA across multiple accounts easier/simpler than mirrored AA?

The only caveat I will add is to consider tax-efficient placement of funds: https://www.bogleheads.org/wiki/Tax-efficient_fund_placement This. Minimizing taxes. Follow the link. Upon retirement most of our equities will be in post-tax and we will pay no taxes (capital gains or otherwise) until we s...
by Johnsson
Thu Feb 27, 2020 11:06 pm
Forum: Personal Investments
Topic: I did not panic
Replies: 42
Views: 5300

Re: I did not panic

pasadena wrote:
Thu Feb 27, 2020 10:44 pm
JoMoney wrote:
Thu Feb 27, 2020 10:39 pm
pasadena wrote:
Thu Feb 27, 2020 10:12 pm
...what is a tax free boo? Can I have one?
Are you sure you want one? A Bladder Outlet Obstruction is pretty serious with or without taxes.
Ah but apparently you can sell it!
Only if you can find a buyer. Hard to do in this market.... :?
by Johnsson
Thu Feb 27, 2020 4:54 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 432
Views: 275078

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

Perhaps it is time to reintroduce this 2008 post and the continued contributions from this group over the last decade plus. It hurt then, but it is nice to be cool today because of what was learned since. I've read through maybe a third of this thread and have a question... While DW and I have been...
by Johnsson
Wed Feb 26, 2020 11:32 am
Forum: Personal Investments
Topic: Where do you get financial/Investment info from the web
Replies: 12
Views: 915

Re: Where do you get financial/Investment info from the web

1) Bogleheads
2) Morningstar
3) Wall Street Journal

+1.
by Johnsson
Wed Feb 26, 2020 11:17 am
Forum: Personal Consumer Issues
Topic: Cancel flights due to coronavirus concerns?
Replies: 76
Views: 7825

Re: Cancel flights due to coronavirus concerns?

However, if it was 2 months instead of 2 weeks I'd say wait. The flu typically dies out as the weather improves towards spring/summer.
by Johnsson
Wed Feb 26, 2020 11:08 am
Forum: Personal Consumer Issues
Topic: Cancel flights due to coronavirus concerns?
Replies: 76
Views: 7825

Re: Cancel flights due to coronavirus concerns?

Yes. It's a risk/reward decision. A relatively easy decision in my estimation. Disneyland is also one of the bigger venues, drawing a wide variety of people from a wide variety of places. :shock:
by Johnsson
Wed Feb 26, 2020 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Does Biomedical Engineering School Matter?
Replies: 94
Views: 6322

Re: Does Biomedical Engineering School Matter?

Our DD was BME in top-rated honors college (with 3k per year scholarship) at well known state U. Used that to go to Ivy League med school. [She unded up where she wanted to go and saved us 160k in educational costs by going to the state school.] The important pieces for her further success were the ...
by Johnsson
Wed Feb 26, 2020 10:33 am
Forum: Personal Investments
Topic: Should we use the coronavirus drop to do Roth conversion?
Replies: 39
Views: 3217

Re: Should we use the coronavirus drop to do Roth conversion?

Yes. It's better than last week. However, it may not be a good a next week...
by Johnsson
Tue Feb 25, 2020 5:02 pm
Forum: Personal Investments
Topic: 38 yr old having 2nd thoughts...
Replies: 93
Views: 10749

Re: 38 yr old having 2nd thoughts...

Duplicate.
by Johnsson
Tue Feb 25, 2020 5:02 pm
Forum: Personal Investments
Topic: 38 yr old having 2nd thoughts...
Replies: 93
Views: 10749

Re: 38 yr old having 2nd thoughts...

We were 100% equities until 57 years old. Probably too long, but it worked for us. I'd stay 100% until 10 years from retirement.