Search found 525 matches

by antiqueman
Sun Jun 30, 2019 3:49 pm
Forum: Personal Investments
Topic: Optimum distribution strategy after retirement in 2022
Replies: 21
Views: 1382

Re: Optimum distribution strategy after retirement in 2022

I think many people take SS around 62, even if they don't "need" it because of uncertainty of what will happen in 2034. Will there be a reduction? No body knows and we cant discuss it here. In my opinion , THAT one factor drives many people to take it at 62 or sometime between 62 and their FRA. A do...
by antiqueman
Tue May 28, 2019 7:36 pm
Forum: Investing - Theory, News & General
Topic: [Nominal] Annuities are a bet on future inflation rates and should not be purchased by retirees
Replies: 183
Views: 12720

Re: Annuities are a bet on future inflation rates and should not be purchased by retirees

I disagree with the broad conclusion that one should only buy an inflation adjusted annuity. If a retiree has a nominal debt that will be owed until their death ( home mortgage as one example) then a nominal annuity would be fine . So long as the nominal payment of an annuity is paying some or all o...
by antiqueman
Mon May 20, 2019 10:35 pm
Forum: Personal Investments
Topic: The "tilt" discussion in Living Off Your Money
Replies: 9
Views: 1923

Re: The "tilt" discussion in Living Off Your Money

Thank you to everyone who took time to answer.
by antiqueman
Sun May 19, 2019 5:01 pm
Forum: Personal Investments
Topic: The "tilt" discussion in Living Off Your Money
Replies: 9
Views: 1923

The "tilt" discussion in Living Off Your Money

If I understand McClung's "Living Off Your Money" correctly, when he mentions a "tilt" in Chapter 9 of the book, he is considering valuations (high or low) to determine if the base withdrawl percentage of 4.3 should be increased if stocks are lower than historical averages, or decreased if stocks ar...
by antiqueman
Tue May 14, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: Should one diversify into annuities and not bonds?
Replies: 18
Views: 1995

Should one diversify into annuities and not bonds?

The above question is almost an exact quote from DBR in his response to the 60 year 100% stock allocation thread. In that thread, DBR stated "should one diversify into annuities instead of bonds [ in retirement]. DBR suggested he might consider that issue in another thread. I think Pfau or Kites, al...
by antiqueman
Mon May 13, 2019 7:48 pm
Forum: Investing - Theory, News & General
Topic: 30% Equity, Does that mean US or Foreign
Replies: 6
Views: 501

30% Equity, Does that mean US or Foreign

I think it is a consensus on this board that for a 30 year retirement if one is going to withdraw more than 3 % they should have a minimum of 30% equities. I do not believe there is a consensus on whether that 30% should be mostly US or international or combination. In the recent past, if a retiree ...
by antiqueman
Sun May 12, 2019 9:59 am
Forum: Personal Investments
Topic: Use 8.1 % of assets for12.5 monthly income?
Replies: 21
Views: 1979

Re: Use 8.1 % of assets for12.5 monthly income?

I can’t of any reason why using 8 to 10% would hurt you. [/quote] " You could do about anything with a single 10% of your assets and it won't have much effect." DBR this comment is very helpful, at least to me. What are your thoughts on how large a percentage of your assets "you could do about anyth...
by antiqueman
Sun May 12, 2019 9:53 am
Forum: Personal Investments
Topic: Use 8.1 % of assets for12.5 monthly income?
Replies: 21
Views: 1979

Re: Use 8.1 % of assets for12.5 monthly income?

Thank you to everyone who has responded. Your comments have been very helpful and helped me crystalize my thoughts on this issue.

If others have additional comments please provide them.
by antiqueman
Sat May 11, 2019 4:15 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Emerging Markets Need Time
Replies: 60
Views: 4358

Re: Larry Swedroe: Emerging Markets Need Time

I understand what you are saying willthrill, but I do not believe that the persistent underperformance, in the magnitude of the underperformance, is solely because a factor has become "discovered".
by antiqueman
Sat May 11, 2019 4:12 pm
Forum: Personal Investments
Topic: TIPS Ladder - Choosing Between Different Accrued Values
Replies: 3
Views: 410

Re: TIPS Ladder - Choosing Between Different Accrued Values

It is my understanding that you are correct that the lower accrued value is better for deflation purposes.
by antiqueman
Sat May 11, 2019 4:08 pm
Forum: Personal Investments
Topic: Use 8.1 % of assets for12.5 monthly income?
Replies: 21
Views: 1979

Re: Use 8.1 % of assets for12.5 monthly income?

I simply decide that X was the most amount of money that I would annuitize. Then I ran the numbers on immediateannuities.com and received the payout amount. Then I added that amount to my other known fixed monthly income payments and arrived at the percentages of how much of my portfolio would be le...
by antiqueman
Sat May 11, 2019 4:03 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Emerging Markets Need Time
Replies: 60
Views: 4358

Re: Larry Swedroe: Emerging Markets Need Time

It seems that Larry's suggestions on EM, SCV, re-insurance and other non beta strategies have all been having a difficult time, for a significant period of time. Is there a common theme between these asset classes that caused them to return less than a pure beta portfolio over the past 10 years? I d...
by antiqueman
Sat May 11, 2019 3:50 pm
Forum: Personal Investments
Topic: Use 8.1 % of assets for12.5 monthly income?
Replies: 21
Views: 1979

Re: Use 8.1 % of assets for12.5 monthly income?

btenny wrote:
Sat May 11, 2019 1:03 pm
If you spend 3% of your investments per month how much of your spending does that cover? Is it 100% or more?
Spending 3% of the remaining portfolio would be more income that I anticipate I would need.
by antiqueman
Sat May 11, 2019 3:47 pm
Forum: Personal Investments
Topic: Use 8.1 % of assets for12.5 monthly income?
Replies: 21
Views: 1979

Re: Use 8.1 % of assets for12.5 monthly income?

...to purchase a nominal annuity If that means a single premium immediate annuity that will be paid for the rest of your life then it could be reasonable. Sales people tend to call junky high cost annuities all sorts of things so be sure that it is really a SPIA since that is almost always the only...
by antiqueman
Sat May 11, 2019 3:43 pm
Forum: Personal Investments
Topic: Use 8.1 % of assets for12.5 monthly income?
Replies: 21
Views: 1979

Re: Use 8.1 % of assets for12.5 monthly income?

Right Be sure you are maximizing SS and also I think you are a little young yet. I'm not sure an annuity is that helpful when so much of your potential income is already annuitized. On the other hand you are talking about a small enough thing it is probably really neither here nor there. If your pe...
by antiqueman
Sat May 11, 2019 3:39 pm
Forum: Personal Investments
Topic: Use 8.1 % of assets for12.5 monthly income?
Replies: 21
Views: 1979

Re: Use 8.1 % of assets for12.5 monthly income?

Buying a single premium immediate annuity, which I assume you're proposing, is a choice that many folks on this Board agree with. At least in the size range that you're talking about. I'm personally ok with it. A question back for OP - you say that 77% of your retirement income needs would be met by...
by antiqueman
Sat May 11, 2019 12:21 pm
Forum: Personal Investments
Topic: Use 8.1 % of assets for12.5 monthly income?
Replies: 21
Views: 1979

Use 8.1 % of assets for12.5 monthly income?

Wife and I are 62 and 65. We are considering using 8.1% of our stock/bonds assets to purchase a nominal annuity. The payout on the annuity would be 12.5 of our monthly income in retirement. For purposes of this question , please ignore inflation. My wife and I have a pension and social security whic...
by antiqueman
Fri May 10, 2019 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 148
Views: 23064

Re: Cash - Throw it all on the table!!!

20 years of bonds
by antiqueman
Sun May 05, 2019 5:36 pm
Forum: Personal Investments
Topic: Futures Down
Replies: 45
Views: 3278

Futures Down

Futures are down a lot, Wonder why?
by antiqueman
Sun Apr 28, 2019 10:59 am
Forum: Personal Investments
Topic: Why buy period certain annuity?
Replies: 13
Views: 1135

Re: Why buy period certain annuity?

And Schwab Treasury money market type fund is paying 2.10 percent. And Vanguard prime money market was paying between 2.25 percent and 2.5 percent the last time I checked. If a person planned for enough out , wouldn't it be better to purchase a treasury strip for each year that he is purchasing an a...
by antiqueman
Sun Apr 28, 2019 10:53 am
Forum: Personal Investments
Topic: Why buy period certain annuity?
Replies: 13
Views: 1135

Re: Why buy period certain annuity?

I just checked.

Schwab has 10 year CD's paying 3.05. It has 5 year CD's paying 2.75.

Both of those rates are more than what I will received if I annuitize the money for 5 years or 10 years and I get the principal back.
by antiqueman
Sat Apr 27, 2019 6:54 pm
Forum: Personal Investments
Topic: Why buy period certain annuity?
Replies: 13
Views: 1135

Why buy period certain annuity?

I have noticed a number of threads where people have mentioned buying a term certain annuity as a "bridge" to SS or for some similar type reason. Others just state they are going to get a 5 yr. or 10 yr etc term certain for whatever reason. I ran calculations today for a 65 year old male for 10 year...
by antiqueman
Wed Apr 24, 2019 1:30 pm
Forum: Personal Consumer Issues
Topic: Router with VPN
Replies: 20
Views: 1929

Router with VPN

I know very , very little about technology. I have decided I probably need a VPN to at least try to add security to my online brokerage and bank transactions. I also need a router because my internet wifi device does not have a signal strong enough to carry the signal throughout my 3500 sq ft house....
by antiqueman
Tue Apr 23, 2019 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Spread Sheets [for retirement planning]
Replies: 15
Views: 1853

Spread Sheets [for retirement planning]

Many on the forum have stated they use spread sheets to project a 30 year retirement. They insert their assets, their yearly expenses, anticipated stock/bond returns etc. Would those who do not object please post a the spread sheet example they use ( without their personal information of course). I ...
by antiqueman
Wed Apr 17, 2019 11:38 am
Forum: Personal Consumer Issues
Topic: Video Camera to check in on Elderly Parent
Replies: 76
Views: 5037

Re: Video Camera to check in on Elderly Parent

I only have Hughes Net satellite internet. I think I read several years ago that video camera's don't work well with satellite internet.

Do any of you use a satellite for you internet and also use video cameras?
by antiqueman
Mon Apr 15, 2019 5:54 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite fixed income for retirement?
Replies: 46
Views: 6265

Re: What is your one favorite fixed income for retirement?

[quote=pascalwager post_id=4495546 time=1555358362 user_id=31062] I'm retired and all of my fixed income (46%) is in money market funds, so my fixed income duration is zero (0). I'm thinking of raising the duration a smidgen to match the DFA short-term funds which ride the yield curve. For example, ...
by antiqueman
Mon Apr 08, 2019 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Quick SS question
Replies: 3
Views: 550

Re: Quick SS question

She would get the full survivor's benefit, assuming she was at or beyond her own FRA before claiming survivor benefits. Assuming she hasn't recached her full retirement age, what is her benefits (1) between husbands death and her full retirement age (2) Once she reaches her full retirement age? Than...
by antiqueman
Mon Apr 01, 2019 11:30 am
Forum: Investing - Theory, News & General
Topic: The real impact of inflation on Retired Folks?
Replies: 101
Views: 8136

Re: The real impact of inflation on Retired Folks?

Real spending for retirees decreases on average 1% per year for first 10 years of retirement, 2% per year for second 10 years and 1% per year for third 10 years. And a 30% one-off decrease in spending upon death of a partner. With SS inflation indexed and a stock/bond portfolio usually having real p...
by antiqueman
Sun Mar 24, 2019 1:20 pm
Forum: Investing - Theory, News & General
Topic: Liability Matching: What to do with monthly leftover?
Replies: 31
Views: 1635

Re: Liability Matching: What to do with monthly leftover?

I use TIPS. Not sure I should have used them to build my LM for 25 years. It was expensive. The way things look now I dont see inflation as a factor in the near term. "I've personally never liked TIPS because for some years now people have batted rates predictions back and forth like a tennis ball d...
by antiqueman
Sun Mar 24, 2019 12:53 pm
Forum: Investing - Theory, News & General
Topic: Liability Matching: What to do with monthly leftover?
Replies: 31
Views: 1635

Re: Liability Matching: What to do with monthly leftover?

" I've read some use bonds for purposes of LM but I personally don't."

I use TIPS. Not sure I should have used them to build my LM for 25 years. It was expensive. The way things look now I dont see inflation as a factor in the near term.
by antiqueman
Tue Mar 05, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Large One-Time Expenditures in Retirement
Replies: 24
Views: 2596

Re: Large One-Time Expenditures in Retirement

"Perhaps not what you are asking, but I make lump sum withdrawals from my Roth. I then refill the Roth with conversions up to the appropriate taxable income break point. This evens out the taxable income over several years to avoid a spike in tax rates and means I only have to calculate the tax effe...
by antiqueman
Tue Mar 05, 2019 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Will be 65 in October 2019. Can I delay Medicare B w/o penalty to 1/1/2020
Replies: 25
Views: 2139

Re: Will be 65 in October 2019. Can I delay Medicare B w/o penalty to 1/1/2020

Thank you for all the response.

I would not be without insurance for 3 months. My wife is a federal retiree and I am insured under her policy. I simply trying to not pay for Medicare last three moths of 2019 and avoid the Medicare surcharge.
by antiqueman
Mon Mar 04, 2019 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Will be 65 in October 2019. Can I delay Medicare B w/o penalty to 1/1/2020
Replies: 25
Views: 2139

Will be 65 in October 2019. Can I delay Medicare B w/o penalty to 1/1/2020

Was reading another thread . Noted the time frames one is allowed to sign up for Medicare Part B. I will turn 65 middle of October this year. I would prefer to not take Medicare Part B until Jan. 2020 because I would probably get hit with the Medicare surcharge based on my 2017 income. My 2018 incom...
by antiqueman
Wed Feb 06, 2019 4:22 pm
Forum: Personal Investments
Topic: What to do with Roth "profits"?
Replies: 8
Views: 957

What to do with Roth "profits"?

Assume your Roth IRA has grown and the profits are substantial "for you". I think most here believe that Roth accounts should have only stocks. That has been my position. But now I want to take some profits , but really have no place I want to re-balance. ( Lets not discuss if I should find someplac...
by antiqueman
Thu Jan 31, 2019 8:51 am
Forum: Personal Investments
Topic: I BOND for "annuity"
Replies: 4
Views: 861

Re: I BOND for "annuity"

Thank you WATTY.
by antiqueman
Wed Jan 30, 2019 10:45 pm
Forum: Personal Investments
Topic: I BOND for "annuity"
Replies: 4
Views: 861

Re: I BOND for "annuity"

[quote=Quaestner post_id=4352528 time=1548889136 user_id=123164] Seems like your age and life expectancy are an important consideration here. One option would be to "pretend" that your I-bonds are an IRA, and that you must take your RMD from them each year. If you are young, you take out a lower per...
by antiqueman
Wed Jan 30, 2019 11:01 am
Forum: Personal Investments
Topic: I BOND for "annuity"
Replies: 4
Views: 861

I BOND for "annuity"

I have , for me , substantial amount of I Bonds. I have been considering cashing them in on a yearly basis ( if needed) and I am trying to project how to consider them a form of an annuity. ( I realize they are not a true annuity because of longevity). If you were trying to determine how long an amo...
by antiqueman
Tue Jan 22, 2019 10:39 pm
Forum: Investing - Theory, News & General
Topic: Your Retirement W/D method and why?
Replies: 40
Views: 3845

Re: Your Retirement W/D method and why?

" If we didn't have any annuitized income I would probably have done something to arrange that." DBR, your quote above caught my attention. I interpret this statement to mean that even in todays interest rate you would consider annuitizing some of your assets. Is this correct? If so, would you wait ...
by antiqueman
Tue Jan 15, 2019 1:25 pm
Forum: Investing - Theory, News & General
Topic: Retirement savings new research
Replies: 29
Views: 6231

Re: Retirement savings new research

[quote=livesoft post_id=4321353 time=1547575969 user_id=648]
^I think the takeaway from the SSR article is that one should work until they are 70.5 years old.



[Why?
by antiqueman
Tue Jan 15, 2019 12:47 pm
Forum: Investing - Theory, News & General
Topic: Retirement savings new research
Replies: 29
Views: 6231

Re: Retirement savings new research

I read the article. I found it interesting. Is the takeaway from the article is that one in retirement should consider holding 12 years of safe assets like CD's short term bonds etc? As I understand the article, its during the first 12 years that the SRR is the potential grim reaper for the retireme...
by antiqueman
Thu Jan 10, 2019 11:17 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 188
Views: 20518

Re: Around 43K in dividends last year - feel good about it ?

I had about that much in interest and dividends but it was all in a tax deferred account.

Do any of you who felt terrible about the 14k taxable, feel different about that much in a tax deferred account?
by antiqueman
Tue Jan 08, 2019 7:19 pm
Forum: Investing - Theory, News & General
Topic: Using TSM for Essential Liabilities- TSM's worst rolling averages
Replies: 18
Views: 1731

Re: Using TSM for Essential Liabilities- TSM's worst rolling averages

JMK, thank you for your post. Does Huxley and Burns research suggest that one should have around 20 years of "safe "assets for essential expenses and not utilize the probability based theory of AA , rebalancing etc? If so, then this comports with Dr. Bernstein's suggestion of a LMP where he suggest ...
by antiqueman
Sat Jan 05, 2019 6:12 pm
Forum: Personal Investments
Topic: TIPS Question
Replies: 26
Views: 1695

Re: TIPS Question

I have only used Schwab. But it shouldn't be hard anywhere. Simply go to Auctions on the page that list bonds , and select the TIPS auction that will be auctioned. I think the next one will be a 10 year auction week after next. ( It might be 30 years TIPS but I think its a 10). Put in the face value...
by antiqueman
Sat Jan 05, 2019 5:48 pm
Forum: Personal Investments
Topic: TIPS Question
Replies: 26
Views: 1695

Re: TIPS Question

If you buy one TIPS, you will only have inflation protection for that ONE bond, not any of your other fixed income. You are correct that a TIPS mutual fund fluctuates in value. You may have more or less than your initial investment when you sell the TIPS fud. I have a large TIPS ladder. Bought mostl...
by antiqueman
Mon Dec 31, 2018 3:03 pm
Forum: Personal Investments
Topic: What is the expected real return of S&P 500 for the next 30 years?
Replies: 51
Views: 4705

Re: What is the expected real return of S&P 500 for the next 30 years?

We cannot [i]confidently[/i] expect anything. But my starting rough guess for the expected real return for stocks is the earnings yield (reciprocal of the P/E ratio). That's what you would get if profitability and valuations remained constant. I prefer earnings yield over historical performance beca...