Search found 321 matches

by suemarkp
Wed Jul 08, 2020 1:59 pm
Forum: Personal Investments
Topic: Reasonable withdrawal rate?
Replies: 18
Views: 1766

Re: Reasonable withdrawal rate?

You didn't say what your asset allocation is or if you have some favorable bond fund like a stable value fund with a decent return. Safe withdraw rate hinges on timeframes and stock/bond mix. I think your plan certainly seems workable. You can also reassess in a few years to see how much you actuall...
by suemarkp
Sun Jul 05, 2020 1:22 pm
Forum: Personal Consumer Issues
Topic: Neighborhood Noise
Replies: 158
Views: 9962

Re: Neighborhood Noise

Agree with most of the above. I'm less susceptible than my wife because of hearing loss (I don't hear any gos, or loud cars, or sirens...). But things like gunshots, fireworks/M-80's I can definitely hear and feel. We have STC rated windows and it helps, but you just can't keep concussion out of a b...
by suemarkp
Thu Jul 02, 2020 1:54 pm
Forum: Personal Consumer Issues
Topic: Solar powered Wireless backup camera
Replies: 10
Views: 674

Re: Solar powered Wireless backup camera

How would a solar unit know when to transmit camera video if not connected to the vehicle wiring system? If it continuously transmits, the battery will be quickly drained. A CRV should have a trailer hitch wiring connector in the back of the car. This provides a "power when in reverse wire", but you...
by suemarkp
Wed Jul 01, 2020 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Selling investments: get hit by market declines or by taxes?
Replies: 10
Views: 1186

Re: Selling investments: get hit by market declines or by taxes?

If you find you are crossing some limit, you could just make a large principal payment that's big enough to make a good dent but keep you under ACA or other limits (e.g. the 15% cap gain threshold). Do it again next year and again until its gone. You'll save interest by paying down principal. Also l...
by suemarkp
Sun Jun 28, 2020 6:45 pm
Forum: Personal Consumer Issues
Topic: Heat pump/ac using 4 kWh - how do I fix this?
Replies: 50
Views: 1965

Re: Heat pump/ac using 4 kWh - how do I fix this?

Another sanity check is to look at the AC unit nameplate. There should be a number for "MCA". The current it draws while running will be a bit less than this. If the MCA value is 20 amps, and since most central AC/heat pumps are 240 Volt, the running watts are 240 * 20. That is 4800 watts. If it run...
by suemarkp
Sun Jun 28, 2020 12:36 pm
Forum: Personal Consumer Issues
Topic: Motor home rental?
Replies: 21
Views: 1547

Re: Motor home rental?

One advantage of a motorhome is that you can drive it 24/7 if you have 2 or 3 adults. They have beds, kitchens, and bathrooms. One driver sleeps while the other drives. With only two drivers, you may want to pull off occasionally and rest/stretch/move. But you can eat, sleep, drive whenever you want...
by suemarkp
Tue Jun 23, 2020 12:00 pm
Forum: Personal Investments
Topic: Safe Withdraw Rate - not inflation adjusted
Replies: 19
Views: 1591

Re: Safe Withdraw Rate - not inflation adjusted

Matching a $6300/month pension would require a withdrawal of 5.04 % from $1.5M. Table 1 of the updated Trinity Study shows that a nominal 5% withdrawal rate has 100% chance of success for 30 years at 50/50 or 25/75 AA. If you go to 6% nominal the best result is at 50/50 with 98% chance of success a...
by suemarkp
Mon Jun 22, 2020 10:22 pm
Forum: Personal Investments
Topic: Safe Withdraw Rate - not inflation adjusted
Replies: 19
Views: 1591

Re: Safe Withdraw Rate - not inflation adjusted

Thanks. Great set of tools there I had never seen and probably wouldn't have found since it is on the Misc tab.
by suemarkp
Mon Jun 22, 2020 3:47 pm
Forum: Personal Investments
Topic: Safe Withdraw Rate - not inflation adjusted
Replies: 19
Views: 1591

Re: Safe Withdraw Rate - not inflation adjusted

Yes, I'm aware of that method too, and you can do better by putting the money in a CD ladder or Stable Value fund to make it inflation adjusted (assuming CD rates or SVF meet or exceed your inflation rate). I would take that option in a heartbeat if it paid out $6K/yr initially.
by suemarkp
Mon Jun 22, 2020 3:38 pm
Forum: Personal Investments
Topic: Safe Withdraw Rate - not inflation adjusted
Replies: 19
Views: 1591

Re: Safe Withdraw Rate - not inflation adjusted

Pension would be $6300/mo with a 100% survivorship option for DW. Lump sum is $1.5M (which could change as I'm retiring about a year from now and lump sum values change in November). Total spending needs would be $10K/month which would need to increase with inflation (although my personal inflation ...
by suemarkp
Mon Jun 22, 2020 3:02 pm
Forum: Personal Investments
Topic: Safe Withdraw Rate - not inflation adjusted
Replies: 19
Views: 1591

Safe Withdraw Rate - not inflation adjusted

I can take my pension, which is not inflation adjusted, as a monthly payout or a lump sum. I'd like to know what a safe withdraw rate is for that lump sum to compare it to the monthly pension value (still trying to decide if I should take lump sum -vs- pension). I'm aware of the Trinity study, but i...
by suemarkp
Thu Jun 18, 2020 12:26 pm
Forum: Personal Consumer Issues
Topic: Dash cam with collision warning recommendations
Replies: 12
Views: 622

Re: Dash cam with collision warning recommendations

Didn't know they have added these features (a rudimentary Subaru Eyesight system). My Garmin has collision detection, but it is after the fact... This is how it knows to save the video to the memory card. Aggressive driving can set it off (hard braking, cornering with a bump).
by suemarkp
Wed Jun 17, 2020 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited land with taxes, but appears to be county road!
Replies: 28
Views: 3103

Re: Inherited land with taxes, but appears to be county road!

Similarly here, your house lot boundary is typically to the center of the street, with an easement for the road. You're paying taxes on all of the lot square footage, but some of it is not usable by you. Since every neighboring house has the same issue, I don't think it affects taxes. I have a 2nd l...
by suemarkp
Wed Jun 17, 2020 1:13 pm
Forum: Personal Investments
Topic: Physical silver investing: rounds or ASE?
Replies: 9
Views: 707

Re: Physical silver investing: rounds or ASE?

Agree, you'll take less of a hit with the rounds. When you sell back, you may get over spot for silver eagles, and spot or below for rounds. But this doesn't make up for the much higher purchase premium of silver eagles. That being said, I have bought eagles when I find them for good prices (last on...
by suemarkp
Thu Jun 11, 2020 11:21 pm
Forum: Personal Consumer Issues
Topic: Noisy return/intake in new HVAC
Replies: 63
Views: 3100

Re: Noisy return/intake in new HVAC

You will need to find the cfm of the blower and then check the cfm of the duct size and the return openings. Blower CFM will be in the manual. There are online calculators that you can use to get the cfm rating of the duct size and return opening. Also check what air filter you are using and what i...
by suemarkp
Mon Jun 08, 2020 12:21 pm
Forum: Personal Consumer Issues
Topic: Does Buying an RV make sense?
Replies: 97
Views: 6350

Re: Does Buying an RV make sense?

Some other things people haven't mentioned: Do you have vehicle registration taxes based on the value of the vehicle? That can be a killer on a $50K to $100K motorhome. They don't do that here for trailers, but they do for motorhomes. Maintenance is a pain. You need to winterize it every year unless...
by suemarkp
Fri Jun 05, 2020 10:43 pm
Forum: Personal Consumer Issues
Topic: Selling gold bullion
Replies: 27
Views: 2375

Re: Selling gold bullion

Is he selling all at once? Maybe they don't want to buy that much, or maybe they are just greedy. I'd recommend selling 20oz at a time for multiple reasons. One is to spread out the risk. Here are some sites with their buy back prices listed (find the item where they sell it, and look at the buy bac...
by suemarkp
Fri Jun 05, 2020 2:39 pm
Forum: Personal Investments
Topic: Megabackdoor Roth entire paycheck (almost)?
Replies: 37
Views: 1882

Re: Megabackdoor Roth entire paycheck (almost)?

Is that always possible? My 401K plan has a sequence of withdraw order. After tax money comes out first, then pre tax, then Roth. Having after tax come first first supports doing the mega back door Roth which is good, and may be why someone is saying do after tax instead of Roth 401K. I think the on...
by suemarkp
Wed Jun 03, 2020 4:01 pm
Forum: Personal Investments
Topic: Investment with no capital gains or dividends?
Replies: 19
Views: 1666

Re: Investment with no capital gains or dividends?

Buy gold or platinum bullion.
by suemarkp
Fri May 22, 2020 3:59 pm
Forum: Personal Consumer Issues
Topic: What to look for when buying a table saw?
Replies: 53
Views: 2807

Re: What to look for when buying a table saw?

No one has mentioned the table fence. I have a "contractor saw" with an OK fence. It is a chinese clone of a Delta saw from the 60's. The fence opens to 25". When cutting plywood, I'd like to go bigger than that. Sure, if you need a piece 36" wide, you can set the fence to a foot and cut off the sma...
by suemarkp
Fri May 22, 2020 2:47 pm
Forum: Personal Investments
Topic: Does Capital one send emails when their interest rate decreases?
Replies: 29
Views: 1549

Re: Does Capital one send emails when their interest rate decreases?

I finally opened a Capital One Performance Savings account a few days ago so I could get back to 1.5%, since they lowered the 360 money market rate to 1.3%. I just checked today, and the performance savings dropped to 1.3% like others have mentioned. But the 360 Money market has dropped all the way ...
by suemarkp
Wed May 20, 2020 2:29 pm
Forum: Personal Investments
Topic: Will the 4% Rule hold true in the future?
Replies: 18
Views: 2201

Re: Will the 4% Rule hold true in the future?

I understand your point but think you would get more support for a plan reserving some funds for a minimum lifestyle in very safe fixed income such as you suggest, and using a traditional strategy for discretionary income. Of course if someone has limited retirement funds, then they might not be ab...
by suemarkp
Tue May 19, 2020 10:06 pm
Forum: Personal Investments
Topic: Will the 4% Rule hold true in the future?
Replies: 18
Views: 2201

Re: Will the 4% Rule hold true in the future?

One thing I think the Trinity study misses is basic math for a pile of money safely invested in a (high yield) bank account. You can spend down the principal at X rate if you divide 100 by the number of years it is needed. You want 50 years of money, 100/50 = 2% withdraw rate. You want 30 years, 100...
by suemarkp
Mon May 18, 2020 9:38 pm
Forum: Personal Investments
Topic: Bonds or precious metals?
Replies: 28
Views: 1296

Re: Bonds or precious metals?

I think many people who buy precious metals get sucked in at the beginning and buy at too high of a price. $25 seemed cheap compared to what it was a year or two before ($30 and up to $50). I kept buying on the way down, and decided I had enough silver when it was $14/oz. Over time, I found better p...
by suemarkp
Mon May 18, 2020 6:40 pm
Forum: Personal Investments
Topic: Bonds or precious metals?
Replies: 28
Views: 1296

Re: Bonds or precious metals?

If I had 40% of my portfolio in silver, I'd have about 25 monster boxes. That's a lot of silver to store. If you like the idea of precious metals, I'd pay attention to the historical prices curves (as was shown above) and look at other metals. Buy when they are low and sell when they are high. Plati...
by suemarkp
Mon May 18, 2020 12:37 pm
Forum: Personal Consumer Issues
Topic: Help: Update: Advice Getting Hearing Aids? What? What?
Replies: 44
Views: 1765

Re: Help: Any Problems or Pitfalls or Advice When it Comes to Getting Hearing Aids? What? What?

I've given up on Costco for glasses, and maybe hearing aids too. I don't believe they train those personnel all that well, so it is going to be hit or miss depending on your particular store. I now use an audiologist in my medical plan. She indicated that my costco hearing aids had ear speakers that...
by suemarkp
Sun May 17, 2020 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Electrical upgrade of apt bldg during pandemic
Replies: 7
Views: 740

Re: Electrical upgrade of apt bldg during pandemic

At the rate the electrical code keeps changing and new more expensive things are added, I'd do it sooner than later. Then you'll be good for another 30 to 50 years. The 2020 code has already added a lot of costs, so if your area has not adopted the 2020 code yet it will save you some money. Dwelling...
by suemarkp
Sat May 16, 2020 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Heating Oil prices
Replies: 13
Views: 854

Re: Heating Oil prices

How far do they have to drive to you? Back when I had oil, there was a fuel surcharge for delivery. It was based on distance and didn't go away if you got over 200 gallons, but you do get a lower oil price at that point. Vehicle fuel is cheaper now than when I used to get oil so even that should not...
by suemarkp
Thu May 14, 2020 1:24 pm
Forum: Personal Consumer Issues
Topic: New Brake Pads
Replies: 87
Views: 4228

Re: New Brake Pads

Note that jacking undoes a lot of the listed safety steps. On a rear wheel drive car, the transmission and parking brake lock the rear axle. Jack up the rear of the car and the front can start rolling. So you need chocks on the end you're not jacking. Front drive cars are better in that the transmis...
by suemarkp
Mon May 11, 2020 3:35 pm
Forum: Personal Consumer Issues
Topic: Guest Wifi Network with Separate DNS?
Replies: 3
Views: 492

Re: Guest Wifi Network with Separate DNS?

Could you have the default router configuration issue the DNS provided by your ISP, but configure each of your machines (hard code it) to use your local DNS instead of what the router returns during the DHCP process? That way, guests and any machine not setup to use your private DNS will get a facto...
by suemarkp
Thu May 07, 2020 3:26 pm
Forum: Personal Consumer Issues
Topic: New Brake Pads
Replies: 87
Views: 4228

Re: New Brake Pads

At 4mm I would not rush to get them done. New pads are probably 12mm thick. You won't notice poor braking until the pad is down to zero and you get metal on metal. That is too late and damages the rotor. I would change mine at 2mm. If you want to try it yourself then buy the parts now, research the ...
by suemarkp
Wed May 06, 2020 1:29 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

Why? It seems that the original poster has a pretty good traditional 401(k), with good, cheap options. Why complicate that by having a traditional 401(k) and a traditional IRA? Because he has a lot of extra money to invest that is currently in taxable. He can roll that into an IRA to save taxes now...
by suemarkp
Wed May 06, 2020 1:26 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

Contribution limits to 401K and IRA are independent. Since you have a lot of money sources for depositing to your IRA (the RJ money, your dividends, tax refund, savings...), I would maximize what you can now in your 401K because the only way to contribute is from payroll deduction. Once you have mov...
by suemarkp
Tue May 05, 2020 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from High taxed state to no income tax state
Replies: 44
Views: 3162

Re: Moving from High taxed state to no income tax state

Last time I visited Florida, it seemed I paid more in highway tolls than anything else. Check that out if you'll be driving on the highways frequently. Maybe there are ways to avoid them -- I just followed the GPS.
by suemarkp
Mon May 04, 2020 7:30 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

Just one more little detail to make sure you understand. Your Schwab account can have multiple sub accounts -- a taxable brokerage account, a traditional IRA, and/or a Roth IRA. Your RJ money goes to the Schwab taxable brokerage account. You can open your IRA at Schwab and transfer the 12K into the ...
by suemarkp
Sun Apr 26, 2020 6:36 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

In a taxable account, you may not want dividends, so you could invest in things that minimize churn and dividends. An advanced topic is Tax Loss Harvesting. To do that, you don't want to automatically reinvest dividends. Just let them sit in your settlement account and decide which fund you want to ...
by suemarkp
Fri Apr 24, 2020 10:37 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

No one has mentioned a Roth account. Withdraws from a Roth are tax free after age 59 1/2. Since it appears you have money invested outside of a retirement account, and it has already been taxed, I would move your Raymond James money to one of the brokerages suggested by others as a like account (tax...
by suemarkp
Sat Apr 18, 2020 10:50 pm
Forum: Personal Investments
Topic: How safe is my stable value fund?
Replies: 6
Views: 714

Re: How safe is my stable value fund?

Johnny has the right idea. I'm not worried about the returns. It is a loss of NAV, and possibly major restrictions on withdraws.
by suemarkp
Sat Apr 18, 2020 7:44 pm
Forum: Personal Investments
Topic: How safe is my stable value fund?
Replies: 6
Views: 714

How safe is my stable value fund?

I have a stable value fund in my 401K (a large aerospace company). It does not have a ticker, but I can provide information from the prospectus. Does this seem safe and well diversified? There are 4 pages of risk disclosure... "The Fund currently invests in fixed-income and cash portfolios as well a...
by suemarkp
Sat Apr 18, 2020 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Pension vs. simply investing? Is pension even worth it at all?
Replies: 58
Views: 3718

Re: Pension vs. simply investing? Is pension even worth it at all?

Are you actually paying into the pension, or is it an employee benefit listed on your pay stub that your employer paid, but you wouldn't have otherwise received? My pension, and most older corporate pensions, were a "free" benefit. The amount my employer pays into the pension fund on my behalf is no...
by suemarkp
Thu Apr 16, 2020 10:00 pm
Forum: Personal Consumer Issues
Topic: Portable AC keeps tripping breaker
Replies: 26
Views: 1407

Re: Portable AC keeps tripping breaker

If the AC unit requires a 20A circuit, it will have a 20A plug. If it has a 15A plug, it should work, but will need most of it (should work with a TV and some lights). A 10.4A nameplate value should be fine on a 15A circuit. Most residential breakers are marked HACR (Heating and Air Conditioning Rat...
by suemarkp
Thu Apr 16, 2020 10:14 am
Forum: Personal Investments
Topic: Selling gold and platinum
Replies: 10
Views: 732

Re: Selling gold and platinum

If you look at platinum's historic price, its "normal" price is slightly above that of gold. Today, plat spot is half the price of gold. It may remain there for a few years, but prices this low are not normal. Likewise, palladium has skyrocketed. It would sell palladium, buy plat, and hold gold. All...
by suemarkp
Wed Apr 15, 2020 10:22 pm
Forum: Personal Investments
Topic: Selling gold and platinum
Replies: 10
Views: 732

Re: Selling gold and platinum

Now is the time to buy platinum, not sell it. Hold onto it.
by suemarkp
Sat Apr 11, 2020 4:20 pm
Forum: Personal Investments
Topic: Ponzi Scheme?
Replies: 215
Views: 17819

Re: Ponzi Scheme?

Think how easy this is to do. You take 100K from someone to "invest". You give them 10% for a few years which is just returning a portion of their capital while the scammer tries to milk more out of them or others. At some point, the scammer sees he can't get any more money so he disappears with wha...
by suemarkp
Thu Apr 09, 2020 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Capital One QuickSilver credit card limit
Replies: 36
Views: 1886

Re: Capital One QuickSilver credit card limit

Same for me and I think my limit is $19K. I do have 50K in a cap one money market and have for quite a while so maybe that pushes up the limit. I had accounts at ING Direct before cap one took them over. But had no credit card there until well after ING became cap one.
by suemarkp
Tue Apr 07, 2020 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Does IRS care about line 4a of 1040? (Credit Karma Tax)
Replies: 6
Views: 950

Re: Does IRS care about line 4a of 1040? (Credit Karma Tax)

In a back door Roth, I think the values are reversed -- 4A is your conversion amount ($7K for me last year), and 4B is 0 (back door money was already taxed). There are so many permutations for IRAs between conversions, withdraws, front door, back door, mega back door, traditional, Roth, taxable...
by suemarkp
Tue Apr 07, 2020 11:14 am
Forum: Personal Consumer Issues
Topic: How much cash to have during coronavirus panic?
Replies: 146
Views: 11497

Re: How much cash to have during coronavirus panic?

One use for cash is small businesses who don't make sense to be shutdown, but no allowance was made for them (e.g. landscapers). Just paid our landscaper in cash, as she is afraid to have business records since they are not "essential" and not supposed to be open. There are rumors that business lice...
by suemarkp
Fri Apr 03, 2020 1:11 pm
Forum: Personal Investments
Topic: Stop funding 401k and fund taxable?
Replies: 10
Views: 1305

Re: Stop funding 401k and fund taxable?

Do you get any company match in your 401K? Hard to beat free money.
by suemarkp
Tue Mar 31, 2020 11:08 pm
Forum: Personal Investments
Topic: Another way Edward Jones gets you
Replies: 43
Views: 4674

Re: Another way Edward Jones gets you

Account was opened in 2016, but I don't have records of what the funds were and when they changed. I think the American Funds were there since the beginning. I had 2 Vanguard funds in it initially too, but those got rotated out. If you really want to know I could dig out old statements.
by suemarkp
Tue Mar 31, 2020 7:28 pm
Forum: Personal Investments
Topic: Another way Edward Jones gets you
Replies: 43
Views: 4674

Re: Another way Edward Jones gets you

Does EJ rebalance? EJ fees https://topratedfirms.com/brokers/fees/edwardjones-fees-schedule.aspx suemarkp, do you have any idea how much these fees will cost you over years of investing? https://www.nerdwallet.com/blog/investing/millennial-retirement-fees-one-percent-half-million-savings-impact/ ht...