Search found 138 matches

by nesdog
Tue Jan 21, 2020 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: What are you doing differently this year?
Replies: 40
Views: 3001

Re: What are you doing differently this year?

Retired seven months ago.

This year, I'm NOT going to keep re-running and building our cash flow spreadsheets a zillion times! The math never changes! We are fine!
(yeah, maybe I'll just re-run it one....more....time)
by nesdog
Fri Jan 10, 2020 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get a Trust
Replies: 35
Views: 3526

Re: Should I get a Trust

Here in California, probate costs are regulated by law. We had to probate a relative's estate and the fees were close to 30K. We are just setting up our RLT and estate plan with respect to our daughter. Lawyer fees around 3K plus some filing costs. Definitely worth it here.
by nesdog
Fri Jan 03, 2020 11:03 pm
Forum: Personal Investments
Topic: Ginnie Mae Vs Total Bond Fund
Replies: 4
Views: 424

Re: Ginnie Mae Vs Total Bond Fund

I'm not sure what you mean by "..it's not really tracking as well.." VFIIX is an active fund (although conservatively managed) that doesn't track any specific index. I would view either as a reasonably good choice as an intermediate bond fund, although I don't use them. TBF is probably better "dive...
by nesdog
Fri Jan 03, 2020 10:12 pm
Forum: Personal Investments
Topic: Ginnie Mae Vs Total Bond Fund
Replies: 4
Views: 424

Ginnie Mae Vs Total Bond Fund

I'm holding some VFIIX (GM fund) that represents less than 10% of our bond totals. In the same account, we also have total bond fund shares. To reduce the number of items, I'm thinking about moving all of the GM into the TBF. I think my question is do we lose a bit of diversification in doing so? It...
by nesdog
Mon Dec 30, 2019 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: How do you spend $$ on yourself?
Replies: 108
Views: 11833

Re: How do you spend $$ on yourself?

I don't know..we've always just watched our spending through the working years and don't want for much anyhow. When I retired earlier this year, I did treat myself to a stupid expensive road bike as a gift. Okay, it's just a bicycle but boy was it worth the money! Other than that, I doubt having a f...
by nesdog
Tue Dec 24, 2019 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: What is a reasonable attorney fee for establishing a will/trust?
Replies: 27
Views: 4190

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

Located in California. Paid $3,500 for a revocable living trust (reasonably complex, it's an A-B trust), wills, powers of attorney, advance directives. We talked to a few attorneys and this one was the cheapest; next cheapest was $4,000. The price includes some level of ongoing management if we nee...
by nesdog
Sat Dec 21, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to 401(k) and IRAs, SECURE Act - It's signed
Replies: 292
Views: 22925

Re: Changes to 401(k) and IRAs, SECURE Act - It's signed

We considered Roth conversions, but our projected tax rate in retirement before and after SS will be roughly the same at 12%. Perhaps a touch higher when hitting RMD's, but not a huge amount. (also born in 1953, my RMD's don't come for a while.) Anyway, we decided to skip the Roth just to save some ...
by nesdog
Mon Nov 04, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Any danger in having all my retirement in Vanguard?
Replies: 17
Views: 1608

Re: Any danger in having all my retirement in Vanguard?

When we retired a few months ago, we had multiple vendors due to different jobs over the years. By the end of this year, we will consolidate into just Fidelity and VG. We prefer having two for peace of mind, although I have no logical reason to not have all items at VG. Who knows, we could end up do...
by nesdog
Thu Oct 31, 2019 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Living Trust
Replies: 8
Views: 980

Re: Considering Living Trust

Attorney fees for probating in CA are set by law and based on the value of the estate. As it happens, one of our concerns is that our daughter isn't that financially astute yet and we are thinking of adding a co-administrator for a short period of years (probably 5) as a way to provide her some gui...
by nesdog
Thu Oct 31, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Considering Living Trust
Replies: 8
Views: 980

Re: Considering Living Trust

Attorney fees for probating in CA are set by law and based on the value of the estate. As it happens, one of our concerns is that our daughter isn't that financially astute yet and we are thinking of adding a co-administrator for a short period of years (probably 5) as a way to provide her some guid...
by nesdog
Thu Oct 31, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Considering Living Trust
Replies: 8
Views: 980

Re: Considering Living Trust

What assets were in your relative's estate? In California, there is a new transfer on death beneficiary form for your real estate. It was a house and several cash accounts. I looked at that TOD, interesting. I wasn't aware we could do that. We met with the attorney last week. I think one of the pro...
by nesdog
Thu Oct 31, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Considering Living Trust
Replies: 8
Views: 980

Considering Living Trust

Could use a little feedback on this, married and living in CA, one 25 year old daughter. House is paid off and probably worth about $800-900k at this point. No intention of moving any time soon. Various retirement accounts and cash, roughly 2mm value, with daughter named as beneficiary. Probated a r...
by nesdog
Mon Oct 28, 2019 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Banks/Brokerages that allow trust accounts
Replies: 6
Views: 438

Banks/Brokerages that allow trust accounts

We are about to create a trust for all of our assets. We use Fido, VG, Ally, Cap One, and a few others. I'm told Cap One doesn't allow trust accounts?

We have a fairly large balance with them...I have a feeling funding the trust is going to be a big, huge, pain!
by nesdog
Sun Oct 20, 2019 5:19 pm
Forum: Personal Investments
Topic: Is a 6 month T-Bill a bond for AA purposes?
Replies: 19
Views: 1611

Re: Is a 6 month T-Bill a bond for AA purposes?

Thanks...some great information. Kudos to Nisiprius for spending the time creating the graphs.

I appreciate the feedback. Will be thinking about how I need to really change how I view these items, not trying to just shoehorn stuff into specific categories for comparison.
by nesdog
Sat Oct 19, 2019 6:19 pm
Forum: Personal Investments
Topic: Taking/re-investing dividends in taxable
Replies: 2
Views: 443

Taking/re-investing dividends in taxable

We will need to take RMD's from two inherited IRA's shortly. Currently, our taxable account holds California Intermediate Tax Free Munis, which made sense while I was working. I have retired in June and our marginal rate will be lower. Rather than placing the RMD funds into the Muni's, I"m consideri...
by nesdog
Thu Oct 17, 2019 7:08 pm
Forum: Personal Investments
Topic: Is a 6 month T-Bill a bond for AA purposes?
Replies: 19
Views: 1611

Is a 6 month T-Bill a bond for AA purposes?

I've searched this topic but not yet clear on the answer for how to categorize for purposes of AA. It's clear what are equities in the portfolio and straight up bond funds. Not sure where we place CD's and 6 month T-Bills. Both are held to maturity. I'm guessing CD's to cash but is a short term T-Bi...
by nesdog
Mon Oct 14, 2019 11:28 am
Forum: Personal Investments
Topic: How much to hold in cash?
Replies: 54
Views: 8541

Re: How much to hold in cash?

By most standards, we are way too high, probably 20% of total. Had an inheritance that we moved mostly into T-Bills while deciding what to do with it. Also just retired in June and bulked up MM accounts as we see how real life plays out compared to our projections. Delaying SS so that also figures i...
by nesdog
Sat Oct 05, 2019 6:52 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 421
Views: 65947

Re: Roll Call for the Retirement Class of 2019!

As I noted earlier in the thread, I retired at the end of June at age 65. This is my update. Since then, I have: Been to the beach and surfed over 15 times; Did a day of cycling with friends 62 miles from Moorpark to San Barbara and took the train back; Visited Old Towne Orange; Took our 25 year ol...
by nesdog
Tue Oct 01, 2019 10:11 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 421
Views: 65947

Re: Roll Call for the Retirement Class of 2019!

As I noted earlier in the thread, I retired at the end of June at age 65. This is my update. Since then, I have: Been to the beach and surfed over 15 times; Did a day of cycling with friends 62 miles from Moorpark to San Barbara and took the train back; Visited Old Towne Orange; Took our 25 year old...
by nesdog
Sat Jul 13, 2019 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 199
Views: 11578

Re: Medigap vs Advantage: Which did you select?

Just retired this month. Have had a Blue Shield HMO plan from work forever so very familiar with that setup and was comfortable staying with HMO. I opted for MA from SCAN. We have a lot of choices for MA in Socal, fortunately. My doctor and providers are all the same, with lower costs! I have same u...
by nesdog
Wed Jun 26, 2019 10:16 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 421
Views: 65947

Re: Roll Call for the Retirement Class of 2019!

Fellow classmates of 2019 I spent my last day at the office yesterday and went to my retirement reception today with my wife. 44 years in the business and I will be 75 tomorrow. Looking forward to figuring this chapter out: no plans to learn how to play the violin, but maybe pickle ball. Congratula...
by nesdog
Wed Jun 26, 2019 4:46 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 421
Views: 65947

Re: Roll Call for the Retirement Class of 2019!

Ladies and Gentlemen! I am done! Toast! Turned in the keys yesterday. Officially off the payroll on Friday, but using accrued Personal Days, was able to walk off a touch early. Went to breakfast with my wife, no work today....or ever! In truth, it was really hard. I found it difficult to maintain so...
by nesdog
Sun Jun 23, 2019 10:56 am
Forum: Personal Investments
Topic: Advantage of T-bills?
Replies: 20
Views: 2496

Re: Advantage of T-bills?

We have a fairly large cash position in T-Bills, purchased via TD. I don't find the site particularly difficult to use. We have four rolling 26 week buys that come up nearly monthly. Nice to see that interest hit the bank! Just hitting retirement this week and until we have a year of understanding o...
by nesdog
Fri Jun 21, 2019 6:03 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 421
Views: 65947

Re: Roll Call for the Retirement Class of 2019!

Updating myself again: my employer has now hired my replacement! I meet with him on Monday for knowledge transfer. Of the four candidates, he was the one I lobbied for so pretty happy about that. Cleared out nearly all of my personal things from my office and washed off the desk. Grabbed a new keybo...
by nesdog
Tue Jun 18, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: IPhone 6 - showing some age
Replies: 99
Views: 10695

Re: IPhone 6 - showing some age

I've got an iPhone 5s with battery issues...mostly drains due to Life360 app. I replaced it early this year at a local shop for under $50. I'm looking to upgrade to a reconditioned 7. At Amazon, and others (swappa.com) , price runs around 200-245. Not sure I want to go model 8 as I hear it's a bit b...
by nesdog
Wed Jun 05, 2019 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Paying half of my paycheck on health insurance?
Replies: 63
Views: 4977

Re: Paying half of my paycheck on health insurance?

Just got a plan for our 24 year old daughter as I retire. Healthnet PPO, $453.00 per month, no ded. This is in Socal. She works part time so no option from employer.
by nesdog
Tue Jun 04, 2019 10:01 pm
Forum: Personal Consumer Issues
Topic: Recommendations for "Backup" software
Replies: 40
Views: 3201

Re: Recommendations for "Backup" software

I have a Dropbox account, and a local client of that program. I set all of my documents to local archive of DB which then syncs in the cloud.
by nesdog
Tue Jun 04, 2019 9:50 pm
Forum: US Chapters
Topic: Any Los Angeles area chapters?
Replies: 10
Views: 1466

Re: Any Los Angeles area chapters?

'hand-up' as well. Want to see one here! I'm in Conejo Valley area.
by nesdog
Sun Jun 02, 2019 9:17 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 421
Views: 65947

Re: Roll Call for the Retirement Class of 2019!

Update for me: June 26th. Just a little over 3-1/2 weeks until the finish line. I first posted on this thread last year when there was no light at the end of the tunnel. It still feels endless, I must admit! Should find out this week which of the 4 candidates for my position will be hired. Then we'l...
by nesdog
Mon May 27, 2019 1:14 pm
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 153
Views: 17335

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why?

25/55/20, thrown off by inheritance. Retirement in 4 weeks (yay! Already planned years earlier). Plan is to slowly move closer to 30% and reduce the cash heavy portion, now sitting in T-Bills. Anticipated spend should be 2-2.5%. Frankly, it's unfortunate and sad that we picked up the extra funds but...
by nesdog
Sun May 19, 2019 9:55 pm
Forum: Personal Consumer Issues
Topic: Hiking shoe suggestion for supinators/under-pronators
Replies: 18
Views: 1583

Re: Hiking shoe suggestion for supinators/under-pronators

I wear custom orthotics and have Merrill Moab 2's. Really nice boots, very comfy. Note that when on trails, the surface is not nearly as smooth and even as the pavement; there are numerous angles so in my view, it's not nearly as much an issue to consider your walking gait. I have always felt the me...
by nesdog
Thu May 16, 2019 10:03 pm
Forum: Investing - Theory, News & General
Topic: Bonds beyond Total Bond Market - Anyone ?
Replies: 47
Views: 4136

Re: Bonds beyond Total Bond Market - Anyone ?

T-Bills via Treasury Direct.
California Muni Bond funds...no state tax
Individual muni issues. Stuff my parents starting investing for me years ago and I continue with.
by nesdog
Tue May 14, 2019 9:45 pm
Forum: Personal Consumer Issues
Topic: Last Pass with Vanguard and USAA
Replies: 38
Views: 4336

Re: Last Pass with Vanguard and USAA

FWIW, as a Dir of Tech for an organization, I'd like to pass along this caveat; when possible, don't leave LastPass logged in on your computer. I always make sure it's off when I leave. We've had intrusions (ie; hacks) where outsiders penetrated our network. In one case, bad guy took control of a ma...
by nesdog
Sun May 12, 2019 7:28 pm
Forum: Personal Consumer Issues
Topic: iPhone locked vs unlocked
Replies: 2
Views: 615

Re: iPhone locked vs unlocked

Yes, meant might not....

I've looked at Swappa and also Amazon since I have a gift card for them.
by nesdog
Sun May 12, 2019 1:01 pm
Forum: Personal Consumer Issues
Topic: iPhone locked vs unlocked
Replies: 2
Views: 615

iPhone locked vs unlocked

[This topic is now in the "Personal Consumer Issues" forum. -- Moderator oldcomputerguy] My iPhone 5S is getting a bit long in the tooth! I'm thinking of purchasing a (revamped, reconditioned, renewed) iPhone 7. Plenty of sources online for these. I'm currently AT&T and fine with our plan and cover...
by nesdog
Thu May 09, 2019 9:22 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 284
Views: 35410

Re: What is your AA, given your age? and, Why?

Retiring at 65-1/2 end of next month. Very conservative 25/60/15. Working my way back to 30% equities. Will make further adjustments after we see how well expenses really track, but don't expect any surprises. Expected WR after taking SS at 67 will be roughly 3%. We do have sufficient resources and ...
by nesdog
Mon Apr 29, 2019 2:30 pm
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 12563

Re: Re-Examining an assumption: 45% bonds in retirement?

Hello My simplistic view of AA is how much can I lose in a stock market crash, and still sleep well at night. For my case.. case 30% stocks, and 70% bonds, was the number.. but as the market keeps going up and up.. and we all celebrate...I am not worrying when the stock portion of my AA increases t...
by nesdog
Sun Apr 21, 2019 8:48 pm
Forum: Personal Investments
Topic: Taxable Brokerage Fund Question
Replies: 23
Views: 1901

Re: Taxable Brokerage Fund Question

I have nothing to add except: Thank you for your service.
by nesdog
Wed Apr 17, 2019 1:23 pm
Forum: Personal Investments
Topic: How often do you check up on your investments?
Replies: 35
Views: 2564

Re: How often do you check up on your investments?

I may see the SP number for the day but I rarely check the amounts on the various investment accounts. I do a deep dive a couple of times a year.
by nesdog
Mon Apr 15, 2019 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 101
Views: 20192

Re: Do not use Personal Capital

I had these concerns as well so I settled it this way; All of my items in PC have been entered manually. I just update number of shares once a quarter to account for any dividends or distributions. I don't care it it's exactly perfect or not. I'm really using it to track AA, retirement info and some...
by nesdog
Fri Apr 05, 2019 5:09 pm
Forum: Personal Investments
Topic: allocation change with "winning the game"
Replies: 39
Views: 3935

Re: allocation change with "winning the game"

Which brings up the question; what is a moderate allocation? 25%? 35% We are struggling with this now. As we hit retirement this year, we don't need more than 3% withdrawals, but protecting our nest egg is the goal (and sleeping well during the next market downturn.) Due to a windfall placed into T...
by nesdog
Fri Apr 05, 2019 1:11 pm
Forum: Personal Investments
Topic: allocation change with "winning the game"
Replies: 39
Views: 3935

Re: allocation change with "winning the game"

My feelings are that as you approach your "number" you should be more conservative especially as you near retirement age. Even a moderate allocation to equities should allow a portfolio to grow and offset moderate inflation. Which brings up the question; what is a moderate allocation? 25%? 35% We a...
by nesdog
Thu Mar 28, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 155
Views: 19549

Re: What's your cash position

Almost 20%. Retiring later this year and holding on SS for a while. Want to have a good cushion for at least the next year as we experience real life. Most is held in high yield MM. Not complaining getting over 2% on those funds. Also now combining multiple tax deferred accounts and haven't yet thro...
by nesdog
Thu Mar 28, 2019 10:46 am
Forum: Personal Finance (Not Investing)
Topic: 11-year old with iPhone - advice on how best to manage?
Replies: 68
Views: 5357

Re: 11-year old with iPhone - advice on how best to manage?

Ha! We did this one. For us, what worked was to give our daughter a pre-paid plan device. It simply stopped working when she ran too many texts or data. She had to learn how to restrain herself. I will also add it was incredibly unpopular...she hated that we limited her. Our reply: "Okay, then we wi...
by nesdog
Thu Mar 28, 2019 10:40 am
Forum: Personal Investments
Topic: When Will the Momentum Kick In?
Replies: 18
Views: 1662

Re: When Will the Momentum Kick In?

The power of compounding occurs later rather than earlier. Here is a thought problem: would you rather have a million dollars right now? Or take a penny, doubled every day for a month? If you choose the penny, it starts out like this: 1,2,4,8,16,32, 64, $1.28 and so on. It doesn't even amount to any...
by nesdog
Sun Mar 24, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Do you treat inheritance as a singular or shared asset?
Replies: 113
Views: 6339

Re: Do you treat inheritance as a singular or shared asset?

Married several decades. We have always treated our money as available for both of us. I worked full time, she part time. Should I have pushed off a portion of my salary to an individual account? We did inherit a large amount of funds last year and both of our names are on the various places we put ...
by nesdog
Sat Mar 23, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken-Downloading Bank Trans; questions
Replies: 8
Views: 479

Re: Quicken-Downloading Bank Trans; questions

Does the bank report the check payee in their statement? My very large national credit union does not do this, nor do they provide the payee in a Quicken download. Just the check number and the amount. The payee is found by going online and clicking on the check image and you read it yourself. That...
by nesdog
Sat Mar 23, 2019 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken-Downloading Bank Trans; questions
Replies: 8
Views: 479

Quicken-Downloading Bank Trans; questions

I've been using Quicken forever like this: have a regular check register and record checks and online payments. I then enter the transactions into Quicken manually, which breaks down the items into specified categories. I don't mind entering the stuff into Quicken because that gives me a breakout by...
by nesdog
Thu Mar 21, 2019 4:20 pm
Forum: Investing - Theory, News & General
Topic: Retired Investors - Do You Keep Cash For Down Years
Replies: 107
Views: 9500

Re: Retired Investors - Do You Keep Cash For Down Years

I am not quite retired yet, but I currently have at least 8 years of cash and near-cash vehicles (money market funds and similar) on hand. But that's computed using a reasonable "safe withdrawal rate" - a rate that I'd be hard-pressed to actually spend. Given what I do typically spend, I have at le...
by nesdog
Tue Mar 12, 2019 10:26 am
Forum: Personal Investments
Topic: Should I go all in with Vanguard or "diversify" with Fidelity?
Replies: 37
Views: 4664

Re: Should I go all in with Vanguard or "diversify" with Fidelity?

Due to multiple options during our working career, we had accounts with a number of 401k providers. As we hit retirement this year, we are consolidating all to just VG and Fido. We sleep better with two vendors, rather than just one.