I have Makita (mower), Milwaukee (blower/chainsaw), and Ryobi (trimmer/edger) cordless yard tools. All are excellent. No Ego tools, but I've heard great things about them.
I know many recommend buying the same battery platform, but I buy based on features meeting my needs. Keeping track of different batteries and chargers is manageable.
My trimmer/edger is a Ryobi 40V. As much power as my gas trimmer and much easier to use, operate, etc. With the added bonus of being able to easily edge the driveway and walkways.
Search found 448 matches
- Thu Jun 15, 2023 6:57 pm
- Forum: Personal Consumer Issues
- Topic: Anyone have a good battery operated weed trimmer?
- Replies: 42
- Views: 2986
- Thu Jun 15, 2023 6:47 pm
- Forum: Personal Finance (Not Investing)
- Topic: I am doing it. FIRE
- Replies: 30
- Views: 8363
- Fri Nov 18, 2022 7:30 pm
- Forum: Personal Consumer Issues
- Topic: AT&T said they are upgrading me to fiber
- Replies: 63
- Views: 6029
Re: AT&T said they are upgrading me to fiber
We were able to switch to AT&T Fiber about 3-4 years ago. Big improvement compared to DSL as there were some issues with our DSL from time to time. The Fiber service started out at 100Mbps and a couple of years later they bumped us up to 300Mbps at no additional cost. Every time I've run the speed test app it has been higher than advertised.
The only outage we had was when a Bradford Pear in our backyard fell due to a storm. I called first thing the next morning (a Saturday) and they had a tech out in a couple of hours.
The only outage we had was when a Bradford Pear in our backyard fell due to a storm. I called first thing the next morning (a Saturday) and they had a tech out in a couple of hours.
- Fri Nov 18, 2022 7:18 pm
- Forum: Personal Investments
- Topic: Bonds vs Bond Fund
- Replies: 68
- Views: 5533
Re: Bonds vs Bond Fund
- Sat Apr 09, 2022 7:37 pm
- Forum: Personal Consumer Issues
- Topic: Remove sticker from glass
- Replies: 56
- Views: 5568
Re: Remove sticker from glass
WD 40 and a new, sharp chisel with which tor scrape.
- Thu May 27, 2021 6:19 pm
- Forum: Investing - Theory, News & General
- Topic: Today I learned why VOO has that ticker
- Replies: 28
- Views: 5203
Re: Today I learned why VOO has that ticker
Dated Sep. 13, 2010...
https://seekingalpha.com/article/224969 ... -supremacy
https://seekingalpha.com/article/224969 ... -supremacy
When I first saw the ticker symbols for the new Vanguard ETFs, I thought they were just a hodge-podge of letters with Vs and Gs stuck on the end to distinguish Value from Growth. Then someone pointed out that the letters on the front are derivatives of roman numerals: V for 5 and VOO for S&P 500, IV for 4 and IVOO for S&P 400, VI for 6 and VIOO for S&P 600. I have them memorized already.
- Mon Apr 19, 2021 4:02 pm
- Forum: Personal Investments
- Topic: What does "won the game stop playing" mean in practice?
- Replies: 250
- Views: 39069
Re: What does "won the game stop playing" mean in practice?
Op here: I understood that it meant take less risk, but was unsure what was really what the action should be to "take less risk". Shift to all cash, shift to a high bond vs stocks asset allocation, buy a SPIA? To me, equities and bonds (or CDs or cash in a mattress) both have risks, they are just different risks. By holding some of each, you diversify the risks (volatility vs. inflation and interest rate risk), and accept lower expected return. My current plan is just to shift my AA towards more bonds. With my current AA, I do have more in bonds than needed for 25x base expenses - guaranteed income (like SS). I just wanted to know if there was a more clear definition of "stop playing" that what I understood. Essentially...
- Sat Feb 27, 2021 8:20 pm
- Forum: Personal Consumer Issues
- Topic: Power tool storage in non-conditioned, detached garage
- Replies: 21
- Views: 3553
- Mon Feb 08, 2021 10:27 am
- Forum: Investing - Theory, News & General
- Topic: Math of a donor advised fund
- Replies: 53
- Views: 5615
Re: Math of a donor advised fund
Hi All Thanks for the feedback. It was really helpful, rather than respond to individual posts I thought I would try to capture everything in one post. A number of you validated my 'basic outline' and agreed that I have it 'broadly correct' which is exactly what I was looking for. I took a few shortcuts in some of the calculations to avoid making it overly complex but you've done what I had hoped and verified I've got a general idea right. A few of you mentioned the fees. I was surprised as that really isn't much of a concern to me but in re-reading my original post I can see how some of you might have inferred it, my only point was the fee is the only real downside I could find to this approach for charitable giving. As someone else noted...
- Sun Feb 07, 2021 7:13 pm
- Forum: Personal Finance (Not Investing)
- Topic: Give electric wheelchair to veteran---liability
- Replies: 39
- Views: 3947
- Fri Feb 05, 2021 8:44 pm
- Forum: Investing - Theory, News & General
- Topic: Does it make sense to buy houses worth $3M and pay almost $50K each year in property taxes
- Replies: 61
- Views: 9149
Re: Does it make sense to buy houses worth $3M and pay almost $50K each year in property taxes
Very well stated. This is so often misunderstood.TSR wrote: ↑Fri Feb 05, 2021 8:31 am (Background: I'm a lawyer who practices a good deal of constitutional law, so I promise I'm not just saying this stuff as some personal political opinion.) No, a message board that prohibits political discussion is not violating the First Amendment's free speech guarantee. Only action by a state or the federal government (or a surrogate of either) implicates the First Amendment's free speech guarantee.
- Thu Jan 21, 2021 3:51 pm
- Forum: Personal Consumer Issues
- Topic: PolyLevel for concrete lifting?
- Replies: 9
- Views: 1907
Re: PolyLevel for concrete lifting?
I need to find a contractor who's able to level a concrete sidewalk/porch step which has sunk at my foundation due to settling of backfilled soil around the foundation. There are various terms for this work: slab-jacking, mud-jacking, and concrete leveling are a few. I have found a local PolyLevel franchisee who uses a two-part, expanding foam to level concrete. Supposedly, it is a light-weight product that's easy to work with and "sets up" quickly. Have any of you Bogleheads had experience with this product/technique? If so, can you comment on the experience? Our concrete front porch step was sinking when we moved into our older home a little over 4 years ago. I found a local poly lift/level contractor by googling (turned out th...
- Sat Jan 16, 2021 12:08 pm
- Forum: Personal Finance (Not Investing)
- Topic: Annual limits on cash gifts and taxes
- Replies: 26
- Views: 1610
Re: Annual limits on cash gifts and taxes
Annual exclusion gifts are per individual. So yes, you can give $10K to each person of a couple.
- Wed Jan 13, 2021 1:20 pm
- Forum: Personal Consumer Issues
- Topic: Pragmatic "audiophile" receiver recommendations
- Replies: 105
- Views: 8882
Re: Pragmatic "audiophile" receiver recommendations
I use Apple AirPlay via an Airport Express unit connected to my receiver (an older Denon). Works well and is generally considered to be higher fidelity than Bluetooth.
Apple discontinued the Airport Express but many newer receivers have AirPlay built in.
- Fri Jan 08, 2021 7:13 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4288
- Views: 1082001
Re: Share your net worth progression
I found that after 40, time speeds up and so does net worth progression.sapper1371 wrote: ↑Thu Jan 07, 2021 9:01 pm Hit $1M in investments after today’s gains! 41 so many years left to go so on to the next million
- Thu Dec 24, 2020 6:49 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 22381
- Views: 2139464
Re: U.S. stocks continue to soar!
My sample size =1, but I can confirm the strong demand.case_of_ennui wrote: ↑Thu Dec 24, 2020 6:23 pm
I'm following Cabernet futures. They're up this evening on strong demand. I expect the same tomorrow.
- Thu Dec 24, 2020 6:45 pm
- Forum: Personal Finance (Not Investing)
- Topic: Roth 401k to Roth IRA rollover
- Replies: 13
- Views: 1444
Re: Roth 401k to Roth IRA rollover
If one 1) is over 59 1/2 and 2) has had a Roth IRA for over 5 years, does the 5 year rule on conversions matter?
- Wed Dec 23, 2020 4:36 pm
- Forum: Personal Finance (Not Investing)
- Topic: What is the purpose of being both a trustee and beneficiary of an ILIT
- Replies: 17
- Views: 910
- Tue Dec 22, 2020 1:57 pm
- Forum: Personal Consumer Issues
- Topic: Got Samsclub membership -- give me your best tips!
- Replies: 77
- Views: 8785
Re: Got Samsclub membership -- give me your best tips!
Thanks for the heads up. I'll keep an eye out for this. The only time I've noticed more than one quantity is when I actually bought more than one of an item and keyed in the quantity.mkc wrote: ↑Tue Dec 22, 2020 1:33 pm To follow up on the Scan n Go issue, I did end up having to drive back to the club to get it resolved.
Member services cashier said it's been happening a lot, and she had the same problem herself 2 days ago.
Lesson learned - check those item quantities before you click "pay".
- Tue Dec 22, 2020 1:55 pm
- Forum: Personal Investments
- Topic: Should a roth conversion be within or external to a 401K?
- Replies: 5
- Views: 436
Re: Should a roth conversion be within or external to a 401K?
You can avoid this by rolling the Roth 401(k) to Roth IRA prior to reaching your RMD date.
- Thu Dec 17, 2020 4:14 pm
- Forum: Investing - Theory, News & General
- Topic: Bernstein's 25x after 60
- Replies: 95
- Views: 11723
Re: Bernstein's 25x after 60
Bernstein explained it in a WSJ article back in 2015. RLE (Residual Living Expenses) = expenses, including taxes, less social security, pensions, etc.
In the article, his rule of thumb recommendation was to have assets of at least 25 times RLE at age 60, 20 times RLE at age 65, and 17 times RLE at age 70. For asset allocation at age 65 and 20 years RLE, he suggested no more than 50% equities. At 35 years RLE, up to 70% and at 50 years RLE, up to 100% if you can handle the volatility.
In the article, his rule of thumb recommendation was to have assets of at least 25 times RLE at age 60, 20 times RLE at age 65, and 17 times RLE at age 70. For asset allocation at age 65 and 20 years RLE, he suggested no more than 50% equities. At 35 years RLE, up to 70% and at 50 years RLE, up to 100% if you can handle the volatility.
- Fri Dec 11, 2020 5:39 pm
- Forum: Personal Consumer Issues
- Topic: Got Samsclub membership -- give me your best tips!
- Replies: 77
- Views: 8785
Re: Got Samsclub membership -- give me your best tips!
Since the pandemic started, I've been using the "Scan & Go" feature of the Sam's Club app tied into a Sam's Mastercard. Love it.
- Thu Dec 10, 2020 6:45 pm
- Forum: Personal Investments
- Topic: Mega Back Door Roth - Tax Question
- Replies: 27
- Views: 2207
Re: Mega Back Door Roth - Tax Question
I am the plan administrator for my company's 401(k) plan administered through Fidelity Investments. During the set-up phase of the After-Tax account, we activated a feature that allows for After-Tax contributions to be automatically recharacterized as Roth at time of contribution by the participant. In so doing, the participant has to only make a one-time call to Fidelity and request the auto conversion feature be activated. It works perfectly. I know from personal experience. All investment earnings are then accrued under the Roth. I'd recommend those wanting to automate their Roth conversions to check with their 401(k) plan administrator to see if this feature has been set-up. If not, I'd suggest you contact your HR department to see if ...
- Thu Dec 10, 2020 4:22 pm
- Forum: Personal Investments
- Topic: Mega Back Door Roth - Tax Question
- Replies: 27
- Views: 2207
Re: Mega Back Door Roth - Tax Question
I am the plan administrator for my company's 401(k) plan administered through Fidelity Investments. During the set-up phase of the After-Tax account, we activated a feature that allows for After-Tax contributions to be automatically recharacterized as Roth at time of contribution by the participant. In so doing, the participant has to only make a one-time call to Fidelity and request the auto conversion feature be activated. It works perfectly. I know from personal experience. All investment earnings are then accrued under the Roth. I'd recommend those wanting to automate their Roth conversions to check with their 401(k) plan administrator to see if this feature has been set-up. If not, I'd suggest you contact your HR department to see if ...
- Thu Dec 10, 2020 12:50 pm
- Forum: Personal Investments
- Topic: Hit our Number - Change Allocation?
- Replies: 61
- Views: 6225
Re: Hit our Number - Change Allocation?
In a WSJ article a few years ago, Bill Bernstein defined winning the game as acquiring enough assets to cover your basic living expenses for the rest of your life. Basic living expenses are net of taxes, Social Security, and any pension income. Bernstein refers to them as Residual Living Expenses (RLE). Once you have done that, he advises reducing the risk in your portfolio. How much reduction in risk? At a retirement age of 65, he writes that with 20 years of RLE, no more than 50% equities. With 35 years RLE, up to 70% equities, and at 50 years RLE, no limit on equities. For other retirement ages, he suggest 25 years of RLE at age 60 and 17 years at 70.
- Thu Dec 10, 2020 8:21 am
- Forum: Personal Investments
- Topic: Mega Back Door Roth - Tax Question
- Replies: 27
- Views: 2207
- Thu Dec 03, 2020 10:11 am
- Forum: Personal Investments
- Topic: Roth 401k and Roth IRA
- Replies: 8
- Views: 979
Re: Roth 401k and Roth IRA
Yes, you can.
- Tue Dec 01, 2020 9:38 am
- Forum: Personal Investments
- Topic: Profit Sharing Retirement Plan (PSP) Questions
- Replies: 1
- Views: 286
Re: Profit Sharing Retirement Plan (PSP) Questions
Hello all and thank you all in advance for your help My wife recently took a job with a new company and I have been trying to wrap my head around their retirement plan. Quick background, we both are 30 yo, 1 child Max my 401k, his and hers backdoor Roth, HSA, and contribute to 529 to maximize state tax incentive We were maxing her 401k Debt only on primary home mortgage New job offers a profit sharing plan, which can be funded with pre or post tax dollars. Funds available include many Vanguard retirement plans and Index funds. My question mainly is if this is still treated as a 401k plan with a max contribution of $19,500 or is this a completely separate account with different tax obligations. Below is the only explanation from the benefit...
- Wed Nov 25, 2020 1:51 pm
- Forum: Personal Investments
- Topic: Alternatives to Vanguard, IT issues
- Replies: 83
- Views: 6769
Re: Alternatives to Vanguard, IT issues
One point would be that other fund firms and brokerages experienced the same or similar issues during recent days. That included Fidelity, TDAmeritrade, Schwab, Bank of America, etc.
For what it's worth, Amazon Web Services has been having outages today.
For what it's worth, Amazon Web Services has been having outages today.
- Wed Nov 25, 2020 9:53 am
- Forum: Personal Investments
- Topic: Is after tax 401k worth it?
- Replies: 27
- Views: 2760
Re: Is after tax 401k worth it?
If you are a highly compensated employee (HCE), your ability to make after-tax contributions might be limited. The reason is that after-tax contributions are subject to ACP discrimination testing even in safe harbor plans. I am HCE. I would appreciate others to comment on this. This sounds strange to me... I don't have personal experience, so I could be completely wrong, but my understanding is the "fairness" test relates to enough of the workforce participation in these plans. The way I've always thought about this, this mainly applies to "smaller" organizations which might have a small % of the workforce who are high earners and the majority making significantly less, maybe even nearing minimum wage. In these scenario...
- Tue Nov 24, 2020 9:40 pm
- Forum: Personal Investments
- Topic: Is after tax 401k worth it?
- Replies: 27
- Views: 2760
Re: Is after tax 401k worth it?
If you are a highly compensated employee (HCE), your ability to make after-tax contributions might be limited. The reason is that after-tax contributions are subject to ACP discrimination testing even in safe harbor plans.
- Tue Nov 24, 2020 11:10 am
- Forum: Personal Investments
- Topic: Recommendations on a DAF provider
- Replies: 26
- Views: 2615
Re: Recommendations on a DAF provider
Another Fidelity Charitable user here. I've had a very positive experience with them, both in terms of making contributions from Vanguard mutual fund account and in making distributions to designated charities.
- Tue Nov 24, 2020 11:04 am
- Forum: Investing - Theory, News & General
- Topic: Understanding accessibility of Roth money
- Replies: 18
- Views: 1970
Re: Understanding accessibility of Roth money
I took a small withdrawal from each Roth account this year, as a test. It is clear to me (perhaps) that Roth 403b is not treated the same way as Roth IRA for tax purposes. The Roth IRA withdrawal was completely tax free, since the withdrawal came from contributions. The Roth 403b withdrawal looks like I'll get taxed on the earnings. As I understand it, you are correct about the different tax treatment. Non-qualified distributions (in your case, since the 5 year rule hasn't been met) are treated differently for Roth IRAs and designated Roth accounts (i.e. Roth 401(k) or Roth 403(b)). For Roth IRA, the ordering rules are such that contributions are used first. For designated Roth, the distribution is split between basis, which is non-taxable...
- Mon Nov 09, 2020 12:54 pm
- Forum: Personal Finance (Not Investing)
- Topic: Two $15,000 gifts to son
- Replies: 60
- Views: 5762
Re: Two $15,000 gifts to son
What you propose is what is known as "structuring" a transaction to avoid currency transaction reports. Structuring transactions is illegal.3funder wrote: ↑Mon Nov 09, 2020 9:05 am Why not do the following?
Check #1: $7,500 (from Mom)
Check #2: $7,500 (from Mom)
Check #3: $7,500 (from Dad)
Check #4: $7,500 (from Dad)
Your son can deposit each check on a different day and be done by the end of the week. Also, I do not understand why any special record-keeping would be necessary.
Regardless, checks are not subject to the $10,000 currency reporting level. Only cash. So there would be no need to structure it anyway.
- Mon Oct 12, 2020 11:18 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 22381
- Views: 2139464
Re: U.S. stocks continue to soar!
Pre-virus all-time high was 3,386.15 on 2/19/2020.GoldenGoose wrote: ↑Mon Oct 12, 2020 11:10 amNot really, I think we are just getting back to the pre-virus level, right?
- Fri Oct 09, 2020 7:10 pm
- Forum: US Chapters
- Topic: Post your Financial Milestone Announcements Here
- Replies: 3621
- Views: 568916
Re: Post your Financial Milestone Announcements Here
No doubt. After all the "do you include home equity in net worth" discussion on Bogleheads, this really raises the bar.BV3273 wrote: ↑Fri Oct 09, 2020 6:50 pmTough crowd lolHootingSloth wrote: ↑Fri Oct 09, 2020 9:49 am I was happy to tell my wife this morning that our net worth had joined the two comma club, and asked her if she thought she would be a millionaire at this age. She responded "No, but what is the number if we don't count our home equity or retirement accounts?" (She has always told me that she doesn't view either of these as real assets). Well, I guess we have more milestones to look forward to.
My net worth just took a big hit...
- Fri Oct 09, 2020 6:00 pm
- Forum: Personal Investments
- Topic: Fidelity U.S. Bond Index Fund (FXNAX)
- Replies: 13
- Views: 1441
Re: Fidelity U.S. Bond Index Fund (FXNAX)
Similar situation with Fidelity Investment Grade Bond (FBNDX). NAV dropped 0.23 or 2.6%. It went ex-dividend on combined capital gains of 0.227 per share.
- Thu Sep 24, 2020 11:18 am
- Forum: Personal Investments
- Topic: 1st Time Transferring Stock to DAF
- Replies: 12
- Views: 878
Re: 1st Time Transferring Stock to DAF
I'd appreciate it if someone who has done this could answer some questions about the process. I'd like to open a Donor Advised Fund and transfer 3 appreciated stocks into it. They total about $80k with a basis of around $15k. Unfortunately they are held by 3 different companies - EQ shareowneronline, Broadridge, & Computershare. From what I've read, I first open a DAF account (thinking Fidelity), then fill out paperwork to transfer all shares and get medallion signatures for each, which I'd send to Fidelity. I don't currently have any accounts with Fidelity but I like their plan better than Vanguard's. I need to get this done before year end because my income will drop next year upon retiring. Questions: 1. Is this the process as I des...
- Wed Sep 16, 2020 10:46 am
- Forum: Investing - Theory, News & General
- Topic: Question for Microsoft Money users - Converting from Fund to ETF
- Replies: 6
- Views: 510
Re: Question for Microsoft Money users - Converting from Fund to ETF
Could you "remove shares" of VTSAX and then enter a buy of VTI with the purchase price being the cost basis per share?
- Wed Aug 19, 2020 6:55 pm
- Forum: Personal Finance (Not Investing)
- Topic: Social Security Jitters Anyone ??
- Replies: 87
- Views: 8888
Re: Social Security Jitters Anyone ??
Does it violate the forum rules against political comments to say that it was a bad idea under the previous administration and it's a bad idea under the current one?
- Wed Aug 12, 2020 1:16 pm
- Forum: Personal Investments
- Topic: Short Term Treasury vs. Short Term Federal
- Replies: 15
- Views: 1801
Re: Short Term Treasury vs. Short Term Federal
The bigger risk of government-backed MBS is call risk. If mortgage rates go lower, people refinance their mortgages, the high yield MBS get called, and new ones are issued at lower yields. Yes, call (or more generally, prepayment) risk. MBS tend to have negative convexity. When rates drop, prepayments typically increase, and the duration shortens. For MBS bought at a premium to par, the effect on the actual return on the MBS can be significant. Plus you are then having to reinvest at lower rates. Likewise, when rates rise, prepayments typically decrease, and the duration lengthens. And in a rising rate environment, you obviously don't want duration to lengthen. Depending on the structure of the actual MBS (or CMO/REMIC) and the price paid ...
- Wed Aug 12, 2020 8:58 am
- Forum: Personal Investments
- Topic: Short Term Treasury vs. Short Term Federal
- Replies: 15
- Views: 1801
Re: Short Term Treasury vs. Short Term Federal
The bigger risk of government-backed MBS is call risk. If mortgage rates go lower, people refinance their mortgages, the high yield MBS get called, and new ones are issued at lower yields. Yes, call (or more generally, prepayment) risk. MBS tend to have negative convexity. When rates drop, prepayments typically increase, and the duration shortens. For MBS bought at a premium to par, the effect on the actual return on the MBS can be significant. Plus you are then having to reinvest at lower rates. Likewise, when rates rise, prepayments typically decrease, and the duration lengthens. And in a rising rate environment, you obviously don't want duration to lengthen. Depending on the structure of the actual MBS (or CMO/REMIC) and the price paid ...
- Wed Jul 15, 2020 2:15 pm
- Forum: Personal Finance (Not Investing)
- Topic: Funding A Living Trust: Re-Title or Payable/Transfer on Death
- Replies: 15
- Views: 1281
Re: Funding A Living Trust: Re-Title or Payable/Transfer on Death
This is the reason to title assets in the name of the trust.smackboy1 wrote: ↑Wed Jul 15, 2020 1:30 pm Also, if the account holder is incapacitated but not dead, the TOD/POD has no effect. If everything is already in the revocable trust's name, it's a relatively simple matter for the named successor trustee to take control and pay bills. In contrast a durable POA may be difficult to implement if the principle is incapacitated and the bank/brokerage insists on executing their own POA forms.
- Fri Jul 10, 2020 8:41 pm
- Forum: Personal Investments
- Topic: Highly compensated employees(HCE) and 401K
- Replies: 12
- Views: 1685
Re: Highly compensated employees(HCE) and 401K
Is your 401(k) a safe harbor plan?
- Tue Jun 16, 2020 4:03 pm
- Forum: Personal Consumer Issues
- Topic: Should I sell my stash of dental floss now worth $3,000?
- Replies: 123
- Views: 18781
Re: Should I sell my stash of dental floss now worth $3,000?
This sort of reminds me of the Seinfeld episode when Elaine has to decide if a guy is "sponge-worthy".
- Fri Jun 05, 2020 11:31 pm
- Forum: Personal Consumer Issues
- Topic: What to look for when buying a table saw?
- Replies: 53
- Views: 4872
Re: What to look for when buying a table saw?
For the portable table saw. And it's just a good, solid work bench that is portable and versatile.Yukon wrote: ↑Mon May 25, 2020 5:20 amHow do you use it? Similarly to pigeye with the planer? I need to be more efficient in my garage!Pigeye Brewster wrote: ↑Sun May 24, 2020 12:34 pmI have one of those Keter workbenches. Excellent product.tev9876 wrote: ↑Sun May 24, 2020 10:34 am That goes on the Keter collapsible bench which is also good for temporary setups. https://www.amazon.com/Keter-Folding-Wo ... B001CWX26Y
- Fri Jun 05, 2020 11:12 am
- Forum: Personal Investments
- Topic: Bernstein Calculation?
- Replies: 20
- Views: 2089
Re: Bernstein Calculation?
In a 2015 WSJ article, Bernstein outlined the framework.
Take your basic annual expenses (including taxes) less Social Security and pension to get what he calls residual living expenses (RLE).
His "good rule of thumb" is to have in "relatively safe assets" to cover the following multiples:-
1) 25 years of RLE in safe assets if retiring at age 60
2) 20 years at age 65
3) 17 years at age 70
Take your basic annual expenses (including taxes) less Social Security and pension to get what he calls residual living expenses (RLE).
His "good rule of thumb" is to have in "relatively safe assets" to cover the following multiples:-
1) 25 years of RLE in safe assets if retiring at age 60
2) 20 years at age 65
3) 17 years at age 70
- Sun May 24, 2020 12:34 pm
- Forum: Personal Consumer Issues
- Topic: What to look for when buying a table saw?
- Replies: 53
- Views: 4872
Re: What to look for when buying a table saw?
I have one of those Keter workbenches. Excellent product.tev9876 wrote: ↑Sun May 24, 2020 10:34 am That goes on the Keter collapsible bench which is also good for temporary setups. https://www.amazon.com/Keter-Folding-Wo ... B001CWX26Y
- Wed Feb 19, 2020 10:11 am
- Forum: Investing - Theory, News & General
- Topic: Bloomber Terminal_Coca Cola Stock History
- Replies: 5
- Views: 1093
- Tue Jan 28, 2020 10:06 am
- Forum: Personal Finance (Not Investing)
- Topic: Liability Claims and retirement accounts
- Replies: 19
- Views: 1110
Re: Liability Claims and retirement accounts
A couple of comments.
In an article titled "Can I (Should I) Combine My IRAs", Natalie Choate stated that IRAs that rollovers from qualified plans have "slightly better creditor protection" than non-rollover, i.e. contributory, IRAs. Therefore, she recommended keeping rollover IRAs separate if asset protection is a concern.
My insurance company required underwriting approval for umbrella policy amounts over $2 million. What exactly that entailed, I have no idea. They didn't ask for any additional information, but it was approved.
In an article titled "Can I (Should I) Combine My IRAs", Natalie Choate stated that IRAs that rollovers from qualified plans have "slightly better creditor protection" than non-rollover, i.e. contributory, IRAs. Therefore, she recommended keeping rollover IRAs separate if asset protection is a concern.
My insurance company required underwriting approval for umbrella policy amounts over $2 million. What exactly that entailed, I have no idea. They didn't ask for any additional information, but it was approved.