Search found 132 matches

by skime
Sat Nov 02, 2019 3:54 pm
Forum: Personal Consumer Issues
Topic: Hobe Sound, FL
Replies: 5
Views: 1079

Hobe Sound, FL

My family is considering moving to Hobe Sound, FL. Does anyone here have any insight about the area?
Any information on what it's like to live there - good or bad - would be appreciated.
by skime
Mon Oct 21, 2019 2:43 pm
Forum: Investing - Theory, News & General
Topic: Buying after PR Crisis [Public Relations Crisis (Boeing 737 Max)]
Replies: 65
Views: 5887

Re: Buying after PR Crisis [Public Relations Crisis (Boeing 737 Max)]

If a company has a bad PR crisis such as Boeing with the 737 max, is that a good time to invest after the stock dips. What are some good things to look at that may help predict if the stock will recover. It's looking like Boeing purposefully hid information that ended up killing hundreds of people....
by skime
Mon Oct 21, 2019 1:56 pm
Forum: Investing - Theory, News & General
Topic: Buying after PR Crisis [Public Relations Crisis (Boeing 737 Max)]
Replies: 65
Views: 5887

Re: Buying after PR Crisis [Public Relations Crisis (Boeing 737 Max)]

If a company has a bad PR crisis such as Boeing with the 737 max, is that a good time to invest after the stock dips. What are some good things to look at that may help predict if the stock will recover. It's looking like Boeing purposefully hid information that ended up killing hundreds of people....
by skime
Tue Oct 15, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Risk Aversion
Replies: 12
Views: 794

Re: Risk Aversion

This is what I did and why, and a couple of years later I answered some questions about it . That said, I think an age-based asset allocation will be more practical for most investors to commit to and carry out. PJW Thanks for that info. Any chance you would shine a light on your current withdrawal...
by skime
Tue Oct 15, 2019 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Risk Aversion
Replies: 12
Views: 794

Re: Risk Aversion

I find that the more capital I accumulate, the more risk averse I become. This seems entirely reasonable in your situation. Earlier posts suggest that you no longer have a salary (retired early) and have a low withdrawal rate. And, as with all of us, you are older than you used to be. All 3 of thes...
by skime
Tue Oct 15, 2019 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Risk Aversion
Replies: 12
Views: 794

Re: Risk Aversion

Really hard to relate to what "risk averse" means. Does it mean OP is now 80/20 stocks and he was 90/10? Many of us rachet back some(age -15 in bonds for instance.) But are we then saying that a 60/40 stock AA is comparable to a compulsive gambler? Is a 30/70 stock AA more rational than a 70/30 AA?...
by skime
Tue Oct 15, 2019 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Risk Aversion
Replies: 12
Views: 794

Risk Aversion

I find that the more capital I accumulate, the more risk averse I become. I remember seeing a quote that you shouldn't risk what you have for something you don't need. It really resonated with me.

I'm just curious if others have noticed the same behavior in themselves.
by skime
Wed Oct 09, 2019 6:24 pm
Forum: Investing - Theory, News & General
Topic: AMLP [ALPS Alerian MLP ETF]
Replies: 5
Views: 442

Re: AMLP [ALPS Alerian MLP ETF]

Thank you. That helps.
by skime
Wed Oct 09, 2019 2:08 pm
Forum: Investing - Theory, News & General
Topic: AMLP [ALPS Alerian MLP ETF]
Replies: 5
Views: 442

AMLP [ALPS Alerian MLP ETF]

Does anyone here have any experience with this fund? It seems as if the MLP space has been in a depression for years. I was wondering if someone could shed some light on where they think this may be heading in the next 5 years.
by skime
Sat Oct 05, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: What are your personal experiences with downside of early retirement?
Replies: 95
Views: 17667

Re: What are your personal experiences with downside of early retirement?

Who can share personal experiences on the downsides of early retirement? Let me share mine, though it's not quite what you think. I'm working on a difficult project at work, way over my head. No roadmap on this one. I basically direct and guide the engineering team and then pull their work together...
by skime
Wed Sep 11, 2019 3:26 pm
Forum: Personal Consumer Issues
Topic: Best Dog Car?
Replies: 70
Views: 4632

Re: Best Dog Car?

JPH wrote:
Wed Sep 11, 2019 3:24 pm
An F150
Do you have your dogs in the cab or in the bed? Our shed a lot.
by skime
Wed Sep 11, 2019 3:22 pm
Forum: Personal Consumer Issues
Topic: Best Dog Car?
Replies: 70
Views: 4632

Re: Best Dog Car?

We've had an Outback in the past. We'd like to try something else this time. Thanks for the info.
by skime
Wed Sep 11, 2019 3:19 pm
Forum: Personal Consumer Issues
Topic: Best Dog Car?
Replies: 70
Views: 4632

Best Dog Car?

We have two large and active dogs. They make a mess out of cars. We're considering the Volkswagen Golf Alltrack. It will be discontinued in 2020 and VW offers a 6 year/72k mile warranty.

Any advice about our consideration or any other ideas would be greatly appreciated.
by skime
Mon Aug 26, 2019 11:15 am
Forum: Personal Consumer Issues
Topic: Crested Butte, CO, Bh's??
Replies: 14
Views: 1390

Re: Crested Butte, CO, Bh's??

Any Crested Butte, CO, Bogleheads here? We are looking all around Colorado for a place to land, and CB is on our radar. I recently had a post about Durango as a possibility, and it still is in the running. That said, we have been to CB a few times in the last few years, and have loved it. We get th...
by skime
Mon Aug 26, 2019 7:37 am
Forum: Non-US Investing
Topic: What is the perpetual SWR for a 100% VWRD/VWRA portfolio?
Replies: 32
Views: 2386

Re: What is the perpetual SWR for a 100% VWRD/VWRA portfolio?

I am intending to hold a global stock index such as VWRD or VWRA with a 100% allocation to it. I am wondering what is the perpetual SWR for this as I understand the 4% rule (or 3% perpetual rate as indicated by earlyretirementnow) is based on historical US stocks performance instead of a global sto...
by skime
Thu Aug 08, 2019 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Local Assessor Trying to Include IRA Earnings as Income for Exemption (NY)
Replies: 8
Views: 864

Re: Local Assessor Trying to Include IRA Earnings as Income for Exemption (NY)

We have a new assessor in town. He has sent out a new form for the senior low income property tax exemption that counts all IRA earnings for the year as income! This has never been done before, and I think it's illegal. Just look at the harsh wording on this form. AFAIK he is misinterpreting the am...
by skime
Fri Jul 26, 2019 7:59 am
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 19636

Re: Laid Off - Want to Retire / Am I OK

... The biggest issue with retiring early at 51 is that friends will get suspicious about how you can afford it. From my perspective when I've seen relatives and neighbors retire earlier than 60 they tend to turn into "old people" faster. It's likely due to the people they hang out with, if you han...
by skime
Thu Jul 25, 2019 8:45 pm
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 19636

Re: Laid Off - Want to Retire / Am I OK

All these replies are very helpful. My primary concern is sequence of risk, that is why I want to try and live on mostly dividends / income in the initial years. My current estimate of dividend and interest income is about 130K. The individual stocks I have pay above average dividends. So the rest ...
by skime
Thu Jul 25, 2019 11:17 am
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 19636

Re: Laid Off - Want to Retire / Am I OK

I have been laid off from my job and want to retire. The layoff came as a surprise so I have not had time to think about planning for retirement. Here is my situation. Age: 51. Married. Two Daughters: 20 and 16. One Daughter currently in college the other in high school. Wife does not work. Investm...
by skime
Thu Jul 25, 2019 8:00 am
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 19636

Re: Laid Off - Want to Retire / Am I OK

I have been laid off from my job and want to retire. The layoff came as a surprise so I have not had time to think about planning for retirement. Here is my situation. Age: 51. Married. Two Daughters: 20 and 16. One Daughter currently in college the other in high school. Wife does not work. Investm...
by skime
Thu Jul 25, 2019 7:49 am
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 19636

Re: Laid Off - Want to Retire / Am I OK

I have been laid off from my job and want to retire. The layoff came as a surprise so I have not had time to think about planning for retirement. Here is my situation. Age: 51. Married. Two Daughters: 20 and 16. One Daughter currently in college the other in high school. Wife does not work. Investm...
by skime
Wed Jul 24, 2019 6:25 pm
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 19636

Re: Laid Off - Want to Retire / Am I OK

I have been laid off from my job and want to retire. The layoff came as a surprise so I have not had time to think about planning for retirement. Here is my situation. Age: 51. Married. Two Daughters: 20 and 16. One Daughter currently in college the other in high school. Wife does not work. Investm...
by skime
Tue Jul 23, 2019 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Where would you move to?
Replies: 130
Views: 10167

Re: Where would you move to?

chevca wrote:
Tue Jul 23, 2019 5:34 pm
Washington state would fit the bill for you. Stay away from the metro areas if you want affordability. But, it's a big state with some really nice areas. And, all the outdoor activities you can imagine.
Interesting. Any suggestions where in Washington?
by skime
Tue Jul 23, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Where would you move to?
Replies: 130
Views: 10167

Where would you move to?

My wife and I are trying to determine a place to move. Reasons why are a long story. We're at a loss for where to go. We do know that we'd like to be in a state that has no income taxes. We live an active outdoor life will the dogs. We'd like to be in a place with a smaller population and reasonable...
by skime
Sat Jul 13, 2019 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Can my brother afford his vacation?
Replies: 41
Views: 3956

Re: Can my brother afford his vacation?

Another type of the same thread "My net finally reached $20 mln. Can I finally afford start drinking Starbucks coffee every morning?" :oops: This has got to be a troll. Why exactly would OP ask his brother if he could afford a vacation? That's so rude and judgmental that I strongly doubt it actuall...
by skime
Sat Jul 13, 2019 4:18 am
Forum: Personal Finance (Not Investing)
Topic: Can my brother afford his vacation?
Replies: 41
Views: 3956

Re: Can my brother afford his vacation?

Maybe it was a humble brag. But there are a ton of posts on this forum where people are seriously asking and worrying about affording things that represent a similar % of their net worth. Personally, I think there are many on this forum, including me, that would be nauseous at spending almost half ...
by skime
Fri Jul 12, 2019 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Can my brother afford his vacation?
Replies: 41
Views: 3956

Re: Can my brother afford his vacation?

My brother recently told me that he's taking his in-laws on a trip to Italy for their 50th anniversary. He was concerned because he wasn't sure that he could afford the $20k price tag. When I asked him what his financial situation was, he didn't share income and expenses, but he did tell me that he...
by skime
Fri Jul 12, 2019 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Can my brother afford his vacation?
Replies: 41
Views: 3956

Re: Can my brother afford his vacation?

JoeRetire wrote:
Fri Jul 12, 2019 8:00 pm
skime wrote:
Fri Jul 12, 2019 6:49 pm
What would you have told him?
I would have told him that he alone was in a position to decide if he could afford it or not.
That's very true and spot on insight.
by skime
Fri Jul 12, 2019 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Can my brother afford his vacation?
Replies: 41
Views: 3956

Re: Can my brother afford his vacation?

I wouldn’t have responded to that comment, because I wouldn’t have asked him what his financial situation was in the first place. I might have said, “sounds like that is for you and your spouse to resolve.” I don’t weigh in on my siblings’ spending. Not my monkeys, not my circus. That said, I have ...
by skime
Fri Jul 12, 2019 7:15 pm
Forum: Personal Consumer Issues
Topic: Should I Buy a Motorcycle?
Replies: 59
Views: 3310

Re: Should I Buy a Motorcycle?

Hello, So I have been saving like mad since I snagged my current job and I'm on track to gross around 70k this year. My biggest goal right now is to save for a down payment on a construction loan to build a modest 1600 sqft home on an acre+ of land here in the PNW. I recently contacted a local bank...
by skime
Fri Jul 12, 2019 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Can my brother afford his vacation?
Replies: 41
Views: 3956

Re: Can my brother afford his vacation?

Jags4186 wrote:
Fri Jul 12, 2019 6:50 pm
“You have $5 million. Why aren’t you being me along with you?”

Seems like a humblebrag to me. Of course I don’t know your relationship.
You could be right. That sounds like my brother.
by skime
Fri Jul 12, 2019 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Can my brother afford his vacation?
Replies: 41
Views: 3956

Can my brother afford his vacation?

My brother recently told me that he's taking his in-laws on a trip to Italy for their 50th anniversary. He was concerned because he wasn't sure that he could afford the $20k price tag. When I asked him what his financial situation was, he didn't share income and expenses, but he did tell me that he ...
by skime
Thu Jun 13, 2019 9:20 am
Forum: Personal Consumer Issues
Topic: Retired at 35 and have no friends :(
Replies: 113
Views: 12076

Re: Retired at 35 and have no friends :(

Hello all. Been following for years and first time posting. Not sure if I'm posting in the right place, but here goes. Through some good fortune, working hard, and following sound financial advise, such as the advise found here with Bogleheads, I was able to retire ~9 months ago at the age of 35. T...
by skime
Mon Jun 10, 2019 4:01 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 15201

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Hey Everyone, So, here's an interesting one that I want to see if any Bogleheads have ever been in a similar scenario and have purchased a supercar and more importantly do you think it has provided any value/happiness/fun in your life , and would you or have you done it again ? A little background....
by skime
Mon Jun 03, 2019 8:14 am
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

I retired at 50, and based on the statement "only prudent way" I would strongly disagree. I'm not sure there is ever an "only prudent way" in finance or life. As to the 2%, it's just far too conservative for me. But in the end, it's whatever works for you. So, my general reasons for not wanting to ...
by skime
Sun Jun 02, 2019 12:34 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

This board, unlike zillions of other financial sites has a high signal to noise ratio. Fundamental Boglehead principles that are evidence-based do underlie this discussion board, versus any and all ridiculous opinions being given equal weight. That said, I'm not suggesting censorship in any way or ...
by skime
Sun Jun 02, 2019 6:35 am
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

Nope - no bragging at all. Yes, yes you are bragging. You saved 50x your expenses early enough to retire early. The median family in the US has almost nothing saved for retirement. The median person 56-61 years old has <0.5x expenses saved ( http://www.thefiscaltimes.com/Columns/2016/03/04/Retireme...
by skime
Thu May 30, 2019 4:05 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

Great discussion on this topic. Thanks for all of your responses.
by skime
Thu May 30, 2019 3:01 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

The biggest risk with 2% is never getting enough saved to actually retire. At a 20% gross savings rate and a 5% real return, it would take about 49 years to retire. At a 40% savings rate, it would take about 32 years (vs. the 22 years it would take to achieve 4% withdrawals). So with a high savings...
by skime
Thu May 30, 2019 2:31 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

What makes you so sure that you will survive with 2% withdrawal rate? I think it has to be 1% or less given the current condition of the market and the previous market conditions and the debt and the Chinese/Indians etc etc. Aren't you worried that in retrospect the 2% might deplete your portfolio ...
by skime
Thu May 30, 2019 2:16 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

quantAndHold wrote:
Thu May 30, 2019 2:12 pm
Why would you think you *could* go back to work if we got bombed into oblivion?
That's exactly my point. I'm sorry if that wasn't clear.

https://www.financialsamurai.com/the-id ... principal/
by skime
Thu May 30, 2019 2:10 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

Why nobody countered OP that 1% withdrawal rate is "the correct prudent" withdrawal rate? I would have really liked to see what OP says to that claim. How would he have refuted it? Would light bulb go on in his head or do I overestimate logical thinking of an average human being? I would agree with...
by skime
Thu May 30, 2019 2:00 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

willthrill81 wrote:
Thu May 30, 2019 9:39 am
I believe the OP has left the building folks.
Nope - still here.
by skime
Thu May 30, 2019 3:21 am
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

I'm of the opinion that a 2% withdrawal rate or less is the only prudent way to draw on one's portfolio for retirement before the age of 50. Does anyone disagree with this opinion? If so, why? Your statement is egregious; since it is your claim that the entire community of retirement industry exper...
by skime
Thu May 30, 2019 3:17 am
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

Thanks for all of the responses. I'm just curious, how many of you that responded are actually currently retired? If you are retired, what withdrawal rate are you using?
by skime
Wed May 29, 2019 7:36 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

Further, in using the Variable Withdrawal Method, your withdrawal rate is never lower than the mid 3%'s, more evidence your current approach is way too conservative, even starting at a young retirement age. Keep in that the "mid 3%" you're referring to is a percentage of what is in the portfolio. W...
by skime
Wed May 29, 2019 4:43 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

Re: 2% withdrawal rate

I'm of the opinion that a 2% withdrawal rate or less is the only prudent way to draw on one's portfolio for retirement before the age of 50. Does anyone disagree with this opinion? If so, why? Do you have data to support your opinion? Historically, the perpetual withdrawal rate (i.e. would at least...
by skime
Wed May 29, 2019 3:18 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13879

2% withdrawal rate

I'm of the opinion that a 2% withdrawal rate or less is the only prudent way to draw on one's portfolio for retirement before the age of 50.

Does anyone disagree with this opinion? If so, why?
by skime
Sat May 25, 2019 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: 4M 70K expenses would you stop?
Replies: 153
Views: 17952

Re: 4M 70K expenses would you stop?

What does the community think if the expenses were 85k and the assets were 4mm - just in case expenses are a bit higher than anticipated... So, that would be a 2.125% withdrawal rate at the age of 59/58, plus probably some Soc Sec coming later. I personally would not hesitate for one second. I reti...
by skime
Sat May 25, 2019 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: 4M 70K expenses would you stop?
Replies: 153
Views: 17952

Re: 4M 70K expenses would you stop?

What does the community think if the expenses were 85k and the assets were 4mm - just in case expenses are a bit higher than anticipated...