Search found 55 matches

by SlowlySaving
Tue Jul 07, 2020 9:05 pm
Forum: Personal Investments
Topic: TIAA 403b bond choice.
Replies: 8
Views: 971

Re: TIAA 403b bond choice.

Most likely the employer match is in a GRA, which has the illiquid Traditional (no lump sump distribution without penalty when you leave the company or 10-year payout annuity) paying 4.00% currently. The employee contributions is likely in a GSRA (supplemental) which is completely liquid and curren...
by SlowlySaving
Wed May 13, 2020 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on custom vs. NOLO approach to create basic living trust?
Replies: 6
Views: 287

Re: Thoughts on custom vs. NOLO approach to create basic living trust?

I don't have a complex estate and am planning to use NOLO. It has all the legalese language and covers the basics.
by SlowlySaving
Fri Apr 03, 2020 9:13 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 38061

Re: Lets predict the bottom of this dip/recession

S&P 1450-2000!
If I had to take one guess 1800
by SlowlySaving
Fri Apr 03, 2020 9:10 pm
Forum: Personal Consumer Issues
Topic: How are you exercising with gym closures
Replies: 111
Views: 6006

Re: How are you exercising with gym closures

I am running A LOT outside! It is great to see all the families taking walks and riding bikes together also.
We have a small gym downstairs and I am using that every once in a while too.
Stay active! :D
by SlowlySaving
Wed Mar 25, 2020 2:20 am
Forum: Investing - Theory, News & General
Topic: Should I have seen this coming?
Replies: 107
Views: 7437

Re: Should I have seen this coming?

motorcyclesarecool wrote:
Sun Mar 22, 2020 7:48 am
We all need to do what lets us sleep at night, remembering that nobody knows nothing.
LOL!! So true!!
by SlowlySaving
Wed Mar 25, 2020 2:18 am
Forum: Investing - Theory, News & General
Topic: Should I have seen this coming?
Replies: 107
Views: 7437

Re: Should I have seen this coming?

I have numerous facebook posts, emails, and chat logs from late January and early February warning anyone that would listen that this was going to get much worse. The equivalent of the notepad and timestamps discussed above. I even stocked up on food and medicine for my son and some critical suppli...
by SlowlySaving
Wed Mar 25, 2020 1:31 am
Forum: Investing - Theory, News & General
Topic: Todays +10 percent gain from QE?
Replies: 52
Views: 3963

Re: Todays +10 percent gain from QE?

LOL! Same!
fatFIRE wrote:
Tue Mar 24, 2020 6:39 pm
I'm actually kind of upset. Was hoping it to drop further to around 50% (from the peak), so I can rebalance and buy more stocks... we're going in the wrong direction!!!
by SlowlySaving
Fri Mar 20, 2020 10:12 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 38061

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

S&P 500 is down about 30% as of today. I believe it will go another 20% eventually for a total drop of %50 from its all time high in Feb.

Do we win a roll of toilet paper if we get this right? :P
by SlowlySaving
Fri Mar 20, 2020 10:06 pm
Forum: Investing - Theory, News & General
Topic: Is it really that bad?
Replies: 96
Views: 8117

Re: Is it really that bad?

1) Thanks for the concern. 2) I had been unemployed for more than 1 year a few times. So, unemployment is more like "Business As Usual" for me. 3) I am more worried about my health than the financial stuff. KlangFool I too enjoy your posts KlangFool, best of luck going through this! I was laid off ...
by SlowlySaving
Wed Mar 11, 2020 10:12 pm
Forum: Personal Investments
Topic: Help a millennial stick to his IPS
Replies: 22
Views: 1353

Re: Help a millennial stick to his IPS

I totally understand your position! Why not do your own manual portfolio stop loss now before the market tanks another 10-30%? :D No body knows where the market is going. You have past results, but remember past results don't predict future results. I am sure some people got on the side lines on thi...
by SlowlySaving
Wed Mar 11, 2020 9:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Take On This Global Bear Market
Replies: 59
Views: 6173

Re: Vanguard's Take On This Global Bear Market

+ 1 I'm no economist, and I certainly don't want to be an alarmist, but I do wonder how much of an understatement this is: The likely significant near-term economic impact of the coronavirus outbreak hasn’t played out yet. From where I sit as a layman, the sheer number of industries being profoundly...
by SlowlySaving
Wed Mar 11, 2020 9:42 pm
Forum: Personal Investments
Topic: officially bear market ...
Replies: 77
Views: 7112

Re: officially bear market ...

This whole thing is NUTS!! I am also thinking it will drop 40%-50% due to all the factors involved. All these cancelled meetings, events, schools etc is going to have an impact on the economy and the market in the near future. Once all these affected industries report earnings there will be another ...
by SlowlySaving
Wed Feb 12, 2020 10:06 pm
Forum: Personal Investments
Topic: [Dalio/Robbins All-Seasons or Pinwheel Portfolio, which to choose?]
Replies: 12
Views: 2526

Re: [Dalio/Robbins All-Seasons or Pinwheel Portfolio, which to choose?]

This looks like a perfectly good portfolio but it would help if you explained the rationale behind it. I have seen the Ray Dalio All-Weather Portfolio popularized by Tony Robbins. I don't know what the Pinwheel portfolio is. My guess is that you are trying to build an all-weather portfolio. So tell...
by SlowlySaving
Mon Feb 03, 2020 10:51 am
Forum: Personal Consumer Issues
Topic: Keep long-term care or not?
Replies: 9
Views: 1094

Re: Keep long-term care or not?

Depending on your net-worth, I would certainly consider self insuring. The average LTC stay is about two years at $100,000 per year.
Good luck!
by SlowlySaving
Thu Jan 16, 2020 1:58 pm
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 18325

Re: Who’s Buying Bitcoin?

Asset allocation for something like cryptocurrencies should be less than 1 or 2% of total portfolio. I have less than 1 percent and hold Bitcoin, LTC and ETH. Definitely is a gamble and you should only use money you don't need and quite possibly lose.
Good luck!
by SlowlySaving
Thu Jan 09, 2020 1:10 am
Forum: Investing - Theory, News & General
Topic: In my opinion, Best Overall Retirement Article
Replies: 95
Views: 11174

Re: In my opinion, Best Overall Retirement Article

I love number SIX!!! Yes!! Stay active and eat well 6. And the most important suggestion of all – take care of your health. Once that is gone, it is hard to get health back, and not much else really matters. Health maintenance should be a regular part of every day. Three easy steps are all it takes ...
by SlowlySaving
Sun Jan 05, 2020 1:32 am
Forum: Personal Finance (Not Investing)
Topic: For those who got out of tech industry (voluntarily or involuntarily)..
Replies: 109
Views: 8827

Re: For those who got out of tech industry (voluntarily or involuntarily)..

I was in IT for 25 years. I saved a lot during my early years and before having kids. I was laid off three times, the first time was global outsourcing and the next two were politics. After the third layoff I decided to semi-retire and switch to a different industry. I love having my own schedule an...
by SlowlySaving
Thu Dec 26, 2019 3:06 am
Forum: Personal Finance (Not Investing)
Topic: What is a reasonable attorney fee for establishing a will/trust?
Replies: 27
Views: 4291

Re: What is a reasonable attorney fee for establishing a will/trust?

I bought Quicken WillMaker & Trust 2020 on Black Friday for about $75, I am going to use that for wills, health directives and for a trust. I don't think it is as complicated as some might want you to think.
by SlowlySaving
Wed Dec 18, 2019 10:34 pm
Forum: Personal Investments
Topic: Can I Retire?
Replies: 63
Views: 8078

Re: Can I Retire?

I semi-retired last year at the age of 49, my hobby/second career is a photographer which I enjoy doing. Our numbers are close to yours but house was paid off and wife is still working til 55. She will be able to use the Rule of 55 to access her 403b at 55. Make sure you have an umbrella policy that...
by SlowlySaving
Sun Jul 07, 2019 11:26 am
Forum: Personal Finance (Not Investing)
Topic: The Day Has Come - Hit Retirement Number - Now What?
Replies: 103
Views: 11895

Re: The Day Has Come - Hit Retirement Number - Now What?

Congratulations on you getting to this point! I am 50 and am semi-retired. Last year I was laid off and decided to do photography as my new career. I did this the last two or three years as a hobby. I enjoy it and love living on my schedule! If you want to know what to do next read: How to Retire Ha...
by SlowlySaving
Wed May 22, 2019 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Question
Replies: 23
Views: 3144

Re: Retirement Question

You totally can retire! Congrats and enjoy!
by SlowlySaving
Sun May 19, 2019 11:44 pm
Forum: Personal Consumer Issues
Topic: new roof
Replies: 34
Views: 3520

Re: new roof

FYI I had shingles blowing off my house within six years of purchasing this new house. The roof was a 25 year roof, after living in it for 20 years I put a claim into my insurance with the help of an Insurance Claim Specialist and the insurance company paid for a whole new roof! I only had to pay fo...
by SlowlySaving
Tue Apr 30, 2019 3:58 pm
Forum: Personal Investments
Topic: others say I can follow this plan. what do you think?
Replies: 30
Views: 3724

Re: others say I can follow this plan. what do you think?

That pension and health for life is GOLD! Congrats for getting that.
You definitely could make it work. You can always cut costs if money gets tight.
Good luck!
by SlowlySaving
Mon Apr 29, 2019 7:25 pm
Forum: Personal Investments
Topic: retired with pension never invested help
Replies: 8
Views: 2358

Re: retired with pension never invested help

Wow, 120K pension?! Nice!!
by SlowlySaving
Mon Apr 29, 2019 7:15 pm
Forum: Personal Investments
Topic: So, I want to Retire - Help ?
Replies: 51
Views: 8759

Re: So, I want to Retire - Help ?

I agree with the folks that say you can retire. Get ACA when it is available. Maybe you can tighten the belt on the expenses a little bit going forward?
I know this is a tough position to be in as I am in a similar position at the age of 49 with less savings than you.
Best of luck!
by SlowlySaving
Fri Apr 19, 2019 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversions, taxes, and social security
Replies: 22
Views: 2688

Re: Roth conversions, taxes, and social security

Check out the "Rule of 55"
You can pull money from current 401K or 403B without penalty if you get fired, laid off or quit after age 55
https://www.thebalance.com/what-is-the- ... 55-2894280

Good luck!
by SlowlySaving
Fri Apr 19, 2019 10:33 pm
Forum: Personal Investments
Topic: Fun with FIRECalc
Replies: 31
Views: 3346

Re: Fun with FIRECalc

When I run FireCalc I like to see 95% or better success rate, preferably 100% success (3-3.5% withdrawal rate).
by SlowlySaving
Mon Mar 25, 2019 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: [Retiring before 65: How do you deal with health insurance?]
Replies: 88
Views: 12702

Re: [Retiring before 65: How do you deal with health insurance?]

I see people mentioning keeping their MAGI below 65K for couples. How did you figure it out? I'm single living in CA. In general, google the "Federal Poverty Level" (FPL) for the year. The amounts change every year. For 2019, a family size of 2, the FPL is $16,910. You can get a subsidy if your MAG...
by SlowlySaving
Fri Mar 22, 2019 2:48 pm
Forum: Personal Investments
Topic: Retirement income portfolio
Replies: 3
Views: 490

Re: Retirement income portfolio

How old are you?
The time horizon will factor in how conservative your portfolio should be.
by SlowlySaving
Fri Mar 22, 2019 2:44 pm
Forum: Personal Investments
Topic: 529 plan question: When did you change to more conservative AA?
Replies: 36
Views: 2347

Re: 529 plan question: When did you change to more conservative AA?

We have two kids 13 and 17. I was 100% stocks in 529 til about January then I went 75% bonds 25% stocks.
by SlowlySaving
Mon Mar 04, 2019 11:20 am
Forum: Personal Finance (Not Investing)
Topic: 401K loan to help son in college?
Replies: 27
Views: 1554

Re: 401K loan to help son in college?

Undergraduates can't borrow that much money without co-signers. Parents can borrow that much money. But I think the problem is that your son is at a college that you and he can't afford. Can he transfer someplace he can afford? This is not a good time for you to be spending your retirement money on...
by SlowlySaving
Mon Mar 04, 2019 11:14 am
Forum: Personal Consumer Issues
Topic: Good VPN?
Replies: 35
Views: 5353

Re: Good VPN?

NordVPN
Private Internet Access
ExpressVPN
TorGuard
Ipredator
and others...

See Which VPN Services Keep You Anonymous in 2018:
https://torrentfreak.com/vpn-services-k ... mous-2018/
by SlowlySaving
Tue Feb 19, 2019 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 451
Views: 68640

Re: Losing a job in your 50's...

Definitely a timely post for me also. I was laid off on Friday. :( I will read and review the links in the original post, THANKS OP! :happy
by SlowlySaving
Fri Dec 28, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: 529 questions
Replies: 7
Views: 635

Re: 529 questions

I would go aggressive on the 529 investment while the child is young 100% stock or 90/10 til about 14 years old. We invested in NYSaves 529 and doubled our money and then as the kids got in high school we went 25/75. There are web sites that compare the different state 529's (you don't have to live ...
by SlowlySaving
Fri Dec 28, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle? Passive Income?
Replies: 71
Views: 10460

Re: Side Hustle? Passive Income?

There are markets where you can get at least 10% return cash on cash. But, make no mistake. It is not as passive as index funds. The real benefits are a combination of: income, depreciation, equity growth, appreciation and leverage. Spend some time at https://www.biggerpockets.com I spent some time...
by SlowlySaving
Fri Dec 28, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: Simplify your life
Replies: 3
Views: 1747

Re: Simplify your life

Great list, thanks for sharing!
by SlowlySaving
Thu Dec 27, 2018 6:58 pm
Forum: Personal Investments
Topic: Get greedy when others are fearful?
Replies: 14
Views: 2153

Re: Get greedy when others are fearful?

I see no problem investing more when the market is down. It may go down more but I understand accumulating more at lower levels. Good luck!
by SlowlySaving
Thu Dec 20, 2018 5:46 pm
Forum: Personal Investments
Topic: FAANG
Replies: 48
Views: 4095

Re: FAANG

Folks, Why would you put any money into those individual stocks when you know that they have no possibility of going up 10X to 30X over the next few years? A) I only put my "play money" into individual stocks. B) I only gamble on individual stocks that have the possibility of going up 10X to 30X. K...
by SlowlySaving
Tue Dec 04, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Life Advice (Financial + Health)
Replies: 17
Views: 1825

Re: Life Advice (Financial + Health)

Great advice KF! Regardless of the topic you always have something informative to contemplate. OP, I agree with most of what others are saying. Exercise, yoga, place limits on what you can or will handle in a day but if your health is at risk you may consider a job that isn't as detrimental. Best of...
by SlowlySaving
Wed Nov 21, 2018 6:16 pm
Forum: Investing - Theory, News & General
Topic: What financial advice have you been most grateful for?
Replies: 60
Views: 6186

Re: What financial advice have you been most grateful for?

There are two pieced of advice that I am grateful for. The first was my father in law who recommended to max out our 401Ks early in our careers. We did that. The second piece of advice was from the book the Motley Fool Investment Guide that revealed how the S&P500 outperformed most mutual funds. My ...
by SlowlySaving
Fri Nov 09, 2018 11:53 am
Forum: Personal Finance (Not Investing)
Topic: State retirement pensions thoughts?
Replies: 46
Views: 5797

Re: State retirement pensions thoughts?

I agree with that others to see the financial soundness of the states pension plan. It definitely doesn't hurt to diversify and have multiple streams of income like your State pension, Social Security and your Roth's should be good. Good luck!
by SlowlySaving
Fri Nov 09, 2018 11:48 am
Forum: Personal Consumer Issues
Topic: Should I reject Google drive for privacy/tracking?
Replies: 38
Views: 3378

Re: Should I reject Google drive for privacy/tracking?

Scary stuff here. I wasn't aware that Google was scanning and storing all that data. I use a personal Network Attached Station (NAS) to store all my pictures and data on my home network. It has two hard drives that mirror so if one goes bad I can replace it, but you can never have enough backups. ;-)
by SlowlySaving
Tue Oct 30, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 142
Views: 16664

Re: Do you meditate?

Yes, daily.

Check out the free app called Insight Timer! It is great for guided meditation and all kinds of music, bells, courses etc. I take walks at lunch and listen to Insight Timer when doing so. Great for walking meditation.

Good luck!
by SlowlySaving
Mon Oct 29, 2018 12:54 pm
Forum: Personal Investments
Topic: 529 Asset Allocation question
Replies: 7
Views: 1009

Re: 529 Asset Allocation question

Because your daughter is 16 years away from needing that money I would suggest an aggressive asset allocation of 100% stocks. We have a 529 for each child, two children total. I had both of their allocation at 100% stocks till about last week. Their accounts have grown over 100% return and I decided...
by SlowlySaving
Fri Oct 26, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: What Memberships/Subscriptions Are Most Valuable To You?
Replies: 68
Views: 5601

Re: What Memberships/Subscriptions Are Most Valuable To You?

Freefun wrote:
Fri Oct 26, 2018 8:47 am
This forum.
Free and invaluable.
+1 :sharebeer
by SlowlySaving
Fri Oct 05, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 235
Views: 33767

20 countries where 200K in retirement savings will last you decades

Some great geographical ideas for retirement especially those who want to FIRE but don't think they can afford to 20 countries where 200K in retirement savings will last you decades http://www.msn.com/en-us/money/retirement/20-countries-where-200k-in-retirement-savings-will-last-you-decades/ss-BBLXC...
by SlowlySaving
Wed Sep 26, 2018 1:37 pm
Forum: Personal Investments
Topic: Pension vs 401k, help
Replies: 31
Views: 2353

Re: Pension vs 401k, help

If the market crashes or doesn't return 8% per year you would have to work longer to get to the $650K target. The guaranteed pension you don't have to worry about what the market does and you can retire in 11.5 years regardless. If you are miserable in your job that is one thing but a guaranteed pen...
by SlowlySaving
Thu Sep 13, 2018 5:34 pm
Forum: Personal Investments
Topic: FERS why it is so low.
Replies: 12
Views: 2536

Re: FERS why it is so low.

I recently started working for the feds also! You are correct the FERS isn't that great. The BIG benefit I have found is that you can stay on their group health insurance when retire! For instance I would have to work 10 years and be 58 years old but if I do I would be able to stay on the federal he...