you a sound foundation for a "floor". I am asking that if one adds up their Social Security, Pensions, and Annuity Payments and they total X percent ( 40% ,50% , etc )of a persons monthly expenses what would you consider to be a "good enough" percentage?
Thanks.
Search found 695 matches
- Thu Nov 09, 2023 9:12 pm
- Forum: Personal Investments
- Topic: What percentage of your monthly income would you feel provide
- Replies: 38
- Views: 5159
- Mon Jul 24, 2023 5:35 am
- Forum: Investing - Theory, News & General
- Topic: Longevity Risk Visualization and the Effect of Annuitization on Withdrawals
- Replies: 32
- Views: 4255
Re: Longevity Risk Visualization and the Effect of Annuitization on Withdrawals
Very interesting.
I ran the longevity calculator several times.
It appeared that the older I set my retirement date, the longer I am projected to live. Did you find this to be true as well?
I ran the longevity calculator several times.
It appeared that the older I set my retirement date, the longer I am projected to live. Did you find this to be true as well?
- Fri Jul 21, 2023 10:20 pm
- Forum: Investing - Theory, News & General
- Topic: Rule of Thumb Percentage Portfolio Roth
- Replies: 16
- Views: 2159
Rule of Thumb Percentage Portfolio Roth
Is there an accepted rule of thumb of what is considered what percent of ones portfolio should be in a Roth. I know there is probably no firm "rule" but I assume there is probably a consensus on the board.
Would you say 20%, 25% etc?
Thanks.
Would you say 20%, 25% etc?
Thanks.
- Sat Apr 01, 2023 1:21 pm
- Forum: Investing - Theory, News & General
- Topic: Purchasing MYGAs (multi year guaranteed annuities) - mega thread
- Replies: 2255
- Views: 293070
Re: Purchasing MYGAs (multi year guaranteed annuities) - mega thread
I would never invest money in an insurance carrier rated less than A. To much risk.
I would not give up safety to squeeze a little more yield on my invested money.
I would not give up safety to squeeze a little more yield on my invested money.
- Thu Mar 23, 2023 3:12 pm
- Forum: Investing - Theory, News & General
- Topic: Social Security and Higher Interest Rates
- Replies: 3
- Views: 911
Social Security and Higher Interest Rates
I read that it is NORMALLY better to delay SS past full retirement age as long as you can when interest rates are low. ( Ads it has been for years until recently.
The article also stated that when interest rates are high it is NORMALLY better to not delay SS past your full retirement age.
Please let me know your thoughts on whether you believe it is better to begin SS benefits when rates are high ( everyone has their own subjective opinion of what is high as opposed to when interest rates are high.
I would like to also know if the premise that it is better to take SS when interest rates are high as opposed to low, what is the theory behind that premise.
Thank you.
The article also stated that when interest rates are high it is NORMALLY better to not delay SS past your full retirement age.
Please let me know your thoughts on whether you believe it is better to begin SS benefits when rates are high ( everyone has their own subjective opinion of what is high as opposed to when interest rates are high.
I would like to also know if the premise that it is better to take SS when interest rates are high as opposed to low, what is the theory behind that premise.
Thank you.
- Wed Mar 01, 2023 7:28 am
- Forum: Investing - Theory, News & General
- Topic: Variable Percentage Withdrawal (VPW)
- Replies: 2256
- Views: 608574
Re: Variable Percentage Withdrawal (VPW)
When longvest initially started VPW, I followed his posts and utilized the retirement VPW calculator /worksheets. Later, all the additional pre-retirement information was added to the spreadsheet and it became to complicated for me to follow. (I am older and have trouble with complicated software.
Is there anyway to download the initial retirement calculator, only, to help those of us who are in retirement and do not need the accumulation part of the worksheet/calculator functions. Is the basic retirement calculator, which I recall had only about 5 excel cells that needed to be filled in to run the numbers, still available?
Thank you.
Is there anyway to download the initial retirement calculator, only, to help those of us who are in retirement and do not need the accumulation part of the worksheet/calculator functions. Is the basic retirement calculator, which I recall had only about 5 excel cells that needed to be filled in to run the numbers, still available?
Thank you.
- Tue Jan 03, 2023 3:12 pm
- Forum: Personal Finance (Not Investing)
- Topic: 2023 Tax Software
- Replies: 2
- Views: 618
Re: 2023 Tax Software
Thank you.
- Sun Jan 01, 2023 10:22 am
- Forum: Personal Finance (Not Investing)
- Topic: 2023 Tax Software
- Replies: 2
- Views: 618
2023 Tax Software
Happy New Year to everyone !
I need tax software for 2023--not 2022. My sources of income will be different for 2023 and I want to keep up with my tax obligations on a monthly basis. I assume I could use the 2022 software and that would be good enough, but are any of you aware of any software that will update throughout the year that will include 2023 changes to the tax code?
Also, I run a small business from home. I would like a tax software that could function for both personal and business.
Is there a software that includes personal and business tax information as well as inventory for a small business?
Any thoughts would be very appreciated.
Thank you.
I need tax software for 2023--not 2022. My sources of income will be different for 2023 and I want to keep up with my tax obligations on a monthly basis. I assume I could use the 2022 software and that would be good enough, but are any of you aware of any software that will update throughout the year that will include 2023 changes to the tax code?
Also, I run a small business from home. I would like a tax software that could function for both personal and business.
Is there a software that includes personal and business tax information as well as inventory for a small business?
Any thoughts would be very appreciated.
Thank you.
- Sat Nov 19, 2022 8:21 am
- Forum: Investing - Theory, News & General
- Topic: The 4% Rule Just Became a Whole Lot Easier - Allan Roth
- Replies: 409
- Views: 76679
Re: The 4% Rule Just Became a Whole Lot Easier - Allan Roth
[quote=nedsaid post_id=6968963 time=1668805478 user_id=41182] Hi Bobcat2 and Vineviz: Thank you for your responses, I read through the two threads that Bob had recommended. I need to match the duration of my TIPS funds with the duration of my future payments. I think it works something like this: I am age 63 and might retire in two years. Bob also recommends not taking a TIPS ladder beyond age 85. So don't need money for two years and am looking for 20 years of payments after that. So it works something like this: duration = 2 + (20/12) or 12 years. So the pool of money that I am looking to preserve inflation adjusted income needs to be in TIPS funds with a duration of 12 years. In a year, the duration would be down to 11 years. When I star...
- Thu Nov 17, 2022 10:13 am
- Forum: Investing - Theory, News & General
- Topic: First 20% of bonds in long-term Treasuries
- Replies: 2259
- Views: 269298
Re: First 20% of bonds in long-term Treasuries
For those who are buying long term bonds, I think they should buy individual treasuries.
Otherwise the long term bond fund's duration will be 25yr or some similar duration even when they want to obtain the cash from the bond fund. By buying individual bonds that pays for 25 years, you obtain the same interest for 25 years but each year the bonds duration is shorter.
Otherwise the long term bond fund's duration will be 25yr or some similar duration even when they want to obtain the cash from the bond fund. By buying individual bonds that pays for 25 years, you obtain the same interest for 25 years but each year the bonds duration is shorter.
- Thu Nov 17, 2022 6:39 am
- Forum: Investing - Theory, News & General
- Topic: Resetting the 4% SWR
- Replies: 36
- Views: 2654
Re: Resetting the 4% SWR
No strong argument against B doing that.
It is just a reset of his retirement year from age 65 to age 66. It is fine to us the age 66 as first retirement year.
It is just a reset of his retirement year from age 65 to age 66. It is fine to us the age 66 as first retirement year.
- Wed Nov 09, 2022 10:01 pm
- Forum: Personal Investments
- Topic: Reinstate Dividend Reinvestment During a Market Drop in Retirement? (Bucket Style Approach)
- Replies: 74
- Views: 6138
Re: Reinstate Dividend Reinvestment During a Market Drop in Retirement? (Bucket Style Approach)
I agree with TN Boy. Take known expenses, subtract guaranteed income and then set aside ever how many years in cash you want to make up the difference between expenses and guaranteed income.
- Fri Nov 04, 2022 9:15 pm
- Forum: Investing - Theory, News & General
- Topic: SPIA vs 4% rule in retirement
- Replies: 91
- Views: 9114
Re: SPIA vs 4% rule in retirement
Obviously inflation eats away a SPIA.
However I think they can be helpful in at least two ways.
1- I think a person can spend more early I. Retirement when they have a SPIA
2- They are good to match some portion ,or perhaps all, of a long term nominal liability.
However I think they can be helpful in at least two ways.
1- I think a person can spend more early I. Retirement when they have a SPIA
2- They are good to match some portion ,or perhaps all, of a long term nominal liability.
- Thu Nov 03, 2022 9:56 am
- Forum: Investing - Theory, News & General
- Topic: New I bonds not worth it; consider selling old ones at next reset
- Replies: 251
- Views: 57312
Re: New I bonds not worth it; consider selling old ones at next reset
When will the 9.6 percent I bond I bought on October 31, 2022 stop receiving the 9.6 percent?
And when will the I bonds I will buy in January 2023 stop receiving the 6.4 interest?
Thank you.
And when will the I bonds I will buy in January 2023 stop receiving the 6.4 interest?
Thank you.
- Mon Oct 31, 2022 8:48 pm
- Forum: Investing - Theory, News & General
- Topic: The 4% Rule Just Became a Whole Lot Easier - Allan Roth
- Replies: 409
- Views: 76679
Re: The 4% Rule Just Became a Whole Lot Easier - Allan Roth
Setting up a TIPS ladder is easy. Yes there is a gap of bonds between 2032 and 2039. But you can satisfy the 2033 issue by buying the January 2023 ten year TIPS. As for the remainder of the gap- buy more 2032 and 2039.
The way everyone has taken hits this year in bond funds should make one really question if you want to try and use two tips funds through out a lengthy retirement.
Buying the individual tips is basically finding the TIPS you want * for X year) and buy it. I use Schwab and the brokers will help you if you tell them what you want. ( I used a broker early on when I first began the ladder).
You buy the individual TIPS, collect interest on it till you cash it in, and then go to the next rung in ladder. Simple.
The way everyone has taken hits this year in bond funds should make one really question if you want to try and use two tips funds through out a lengthy retirement.
Buying the individual tips is basically finding the TIPS you want * for X year) and buy it. I use Schwab and the brokers will help you if you tell them what you want. ( I used a broker early on when I first began the ladder).
You buy the individual TIPS, collect interest on it till you cash it in, and then go to the next rung in ladder. Simple.
- Sat Oct 29, 2022 11:56 am
- Forum: Investing - Theory, News & General
- Topic: When Inflation Surfaced, TIPS Flopped
- Replies: 65
- Views: 8361
Re: When Inflation Surfaced, TIPS Flopped
Not a good article in my opinion.
- Wed Oct 19, 2022 11:45 am
- Forum: Investing - Theory, News & General
- Topic: Understanding Individual TIPs Numbers
- Replies: 3
- Views: 595
Re: Understanding Individual TIPs Numbers
billyt is correct. The inflation factor is what increases the bond cost from the $77.00 range.
- Mon Oct 17, 2022 10:48 am
- Forum: Investing - Theory, News & General
- Topic: Calcullating SS Benefits after recent COLA
- Replies: 4
- Views: 930
Re: Calcullating SS Benefits after recent COLA
Thanks Joe Retire.
- Mon Oct 17, 2022 4:23 am
- Forum: Investing - Theory, News & General
- Topic: Calcullating SS Benefits after recent COLA
- Replies: 4
- Views: 930
Calcullating SS Benefits after recent COLA
For 2026, the Social Security inflation adjustment is 8.7.
For 2022 my PIA was $ 3170.00. I am 68.
In determining my 2023 PIA do I multiply my current PIA of $3170.00 X 8.7%? If so ,my 2023 PIA would be $3445.00.
Assuming my calculations above are correct , and there are no further COLA before I become 70 in 2024, at 70 my SS benefit would be $4574.00 per month?
Is the above the correct way to determine your approximate benefits after your full retirement age?
Thank you.
For 2022 my PIA was $ 3170.00. I am 68.
In determining my 2023 PIA do I multiply my current PIA of $3170.00 X 8.7%? If so ,my 2023 PIA would be $3445.00.
Assuming my calculations above are correct , and there are no further COLA before I become 70 in 2024, at 70 my SS benefit would be $4574.00 per month?
Is the above the correct way to determine your approximate benefits after your full retirement age?
Thank you.
- Sun Oct 16, 2022 12:11 pm
- Forum: Personal Investments
- Topic: Tips - Roth or Traditional IRA?
- Replies: 5
- Views: 906
Re: Tips - Roth or Traditional IRA?
I think most people will say Tradational IRA.
But I have same question and look forward to responses.
But I have same question and look forward to responses.
- Sun Oct 16, 2022 12:08 pm
- Forum: Investing - Theory, News & General
- Topic: Rule of thumb for bonds: is this correct?
- Replies: 7
- Views: 1079
Re: Rule of thumb for bonds: is this correct?
[quote=Lee_WSP post_id=6918741 time=1665939781 user_id=147765]
The rule of thumb was published by Jack Bogle in one of his books and I believe he repeated it in at least two of his published works.
I do not know who came up with it, but if you continue on with Jack’s chart showing the yield at time of purchase and yield after the avg or effective maturity of bond funds (minus expenses), you’ll see that for the most part, the rule of thumb holds up. You can also recreate this via a rolling returns chart on any bond fund you prefer.
To date, I have not seen anyone conclusively disprove the rule of thumb. As such, I personally believe it’s a fairly valid way to look at bond funds.
[/quote]
Lee can you direct me to Mr Bogle’s chart?
The rule of thumb was published by Jack Bogle in one of his books and I believe he repeated it in at least two of his published works.
I do not know who came up with it, but if you continue on with Jack’s chart showing the yield at time of purchase and yield after the avg or effective maturity of bond funds (minus expenses), you’ll see that for the most part, the rule of thumb holds up. You can also recreate this via a rolling returns chart on any bond fund you prefer.
To date, I have not seen anyone conclusively disprove the rule of thumb. As such, I personally believe it’s a fairly valid way to look at bond funds.
[/quote]
Lee can you direct me to Mr Bogle’s chart?
- Wed Oct 05, 2022 6:16 pm
- Forum: Personal Investments
- Topic: VTINX - 72 and scared
- Replies: 72
- Views: 10138
Re: VTINX - 72 and scared
Rocko, I am 68. I have significant money in VTINX. I do not like that it is down. When I bought it, I never dreamed, or even remotely thought, that bond rates would rise as fast as they have or that Total Bond would take such a hit. But rates have risen as fast as they have and Total Bond has declined as much as it has. I do not need the money in VTINX, perhaps for at least 10 years. Would I like to access it before then? Yes. But I am not going to take a 15% hit unless I have to, especially in a conservative fund like VTINX. IF, and it might be a big IF, you can hold on you have a reasonable chance of not taking a big hit. When rates stop rising, then each month you will begin making progress on reducing the effect of the downturn on VTINX...
- Wed Oct 05, 2022 5:54 pm
- Forum: Investing - Theory, News & General
- Topic: Is there an approximate/projected rate for Nov 2022 issue EE Bonds?
- Replies: 6
- Views: 1026
Re: Is there an approximate/projected rate for Nov 2022 issue EE Bonds?
[quote="Svensk Anga" post_id=6903584 time=1665008177 user_id=41646]
The more significant issue is the term for the bonds to double in value. 20-year treasuries were a better deal last I looked.
[/quote]
Only for those that will likely be here in 20 years. Otherwise, I Bonds might be better for those nearing or in retirement.
The more significant issue is the term for the bonds to double in value. 20-year treasuries were a better deal last I looked.
[/quote]
Only for those that will likely be here in 20 years. Otherwise, I Bonds might be better for those nearing or in retirement.
- Sat Oct 01, 2022 1:09 pm
- Forum: Personal Investments
- Topic: Treasury ladder
- Replies: 62
- Views: 9833
Re: Treasury ladder
[quote=phoroner post_id=6896712 time=1664643554 user_id=163178] Maybe a helpful way to think of it is this: - With a ladder individual bonds, cashflow is precisely known. But reinvestment options are not known ahead of time. The market value for all bonds fluctuates, so the value if sold early is unknown. - For a fund, there is constant fluctuation of both NAV (bond value) and of dividend payments. But if a fund is held for the same duration of time as a rolling ladder and that duration equals the bond fund maturity, then the capital gains or losses from the fund will be offset by a corresponding change in dividends. So the total return will be equivalent. This means that a DIY ladder can be the same or different to a fund, depending on how...
- Sat Aug 20, 2022 8:27 pm
- Forum: Personal Investments
- Topic: Take money out of 401k and pay tax now and put it into a Roth ?
- Replies: 29
- Views: 3331
Re: Take money out of 401k and pay tax now and put it into a Roth ?
[quote=Nate7out post_id=6830778 time=1660850620 user_id=5385] [quote=goldfinger22 post_id=6830562 time=1660843684 user_id=21161] But why does this make sense to take money out of the 401 and pay the higher tax rate now than wait until he’s retired and pay a lower tax rate [/quote] Because the advisor can't charge an AUM fee on money in the 401k. He needs it moved to an IRA so he can take a cut. What is your factual basis for the remark” the advisor can’t charge an AUM fee on money in the 401k” One can have a self-directed 401k plan and use a financial planner to manage it. I did it at one time. Even if the 401k is not self-directed an owner of a 401k can retain a financial planner and include their 401 k balance in the AUM of the advisor. D...
- Thu Aug 11, 2022 9:11 am
- Forum: Personal Finance (Not Investing)
- Topic: Inflation Increase in Delayed SS Benefits
- Replies: 7
- Views: 1090
Re: Inflation Increase in Delayed SS Benefits
JEBMKE,
The 1.32 was arrived at by multiplying 8 percent a year delayed credit amount by 4 years. For me, waiting till 70 from FRA is 4 years. Hence the 1.32 multiplying.
The 1.32 was arrived at by multiplying 8 percent a year delayed credit amount by 4 years. For me, waiting till 70 from FRA is 4 years. Hence the 1.32 multiplying.
- Wed Aug 10, 2022 9:40 pm
- Forum: Personal Finance (Not Investing)
- Topic: Inflation Increase in Delayed SS Benefits
- Replies: 7
- Views: 1090
Inflation Increase in Delayed SS Benefits
I have a question or two about how SS benefits are increased by inflation this year, if you are delaying past your FRA.
Assume one's current Primary Insurance Amount (PIA) $3,000.00 . (Just a made up number. Mine is not that amount) Assume congress approves an increase of 10% in a given year. ( again made up number) Finally assume one reaches 70 Jan 1 of 2023. To determine their social security benefit at 70 years of age, do you take the PIA amount of $3000.00, multiply that amount by the 10% approved by congress, to arrive at a PIA of $3300.00.
Then to determine the actual benefit at 70, multiply the $3300. PIA by 1.32 to arrive at the delayed monthly SS amount?
Thank you.
Assume one's current Primary Insurance Amount (PIA) $3,000.00 . (Just a made up number. Mine is not that amount) Assume congress approves an increase of 10% in a given year. ( again made up number) Finally assume one reaches 70 Jan 1 of 2023. To determine their social security benefit at 70 years of age, do you take the PIA amount of $3000.00, multiply that amount by the 10% approved by congress, to arrive at a PIA of $3300.00.
Then to determine the actual benefit at 70, multiply the $3300. PIA by 1.32 to arrive at the delayed monthly SS amount?
Thank you.
- Fri Aug 05, 2022 10:49 pm
- Forum: Personal Consumer Issues
- Topic: How to say "No" for an extended warranty?
- Replies: 117
- Views: 7557
Re: How to say "No" for an extended warranty?
I detest car dealerships. I walked one time on a car where price was agreed to and paperwork for title prepared etc. I was paying cash. The finance guy wanted to sell me a warranty, undercoating, and a few more additions. I told him politely "no." He asked a second time. I got up and left the dealership and left the car. I received a number of phone calls throughout the remainder of the day. I answered the 2nd or 3rd one. They were apologetic and asked me to come back and compete the purchase. I told them no, because they did not respect my earlier no and that I did not want to do business with people who ignored what I told them. I have also left appliance stores and other similar businesses when they insist on my buying an exten...
- Wed Aug 03, 2022 9:27 pm
- Forum: Personal Investments
- Topic: Growth Rate of Social Security
- Replies: 8
- Views: 1257
Re: Growth Rate of Social Security
Yes, the deferred credits for delaying SS to 70 is approximately 8% per year. I do not think it is exactly 8% but close enough to it to not make any significant difference.
- Fri Jul 29, 2022 3:43 pm
- Forum: Investing - Theory, News & General
- Topic: Total Bond Market Index Fund -- A Very Unusual Occurrence
- Replies: 223
- Views: 73063
Re: Total Bond Market Index Fund -- A Very Unusual Occurrence
The mistake I made was having lot of money in Vanguard Retirement Income Fund. VTINX. It holds a lot of VTBLX. VTINX, I learned, is not neccesarily good for retirees. Fortunately, I can sit on it for many years. Hopefully it will recover.
- Thu Jul 28, 2022 3:41 pm
- Forum: Personal Finance (Not Investing)
- Topic: Inflation and Social Security Benefits
- Replies: 22
- Views: 2706
Re: Inflation and Social Security Benefits
Doesn’t one’s PIA increase by the rate of SS inflation adjustment while one defers from their full benefit date till 70. I have always understood the PIA increase with each yrs inflation adjustment.
- Mon Jul 18, 2022 11:15 am
- Forum: Personal Investments
- Topic: Looking at Annuities
- Replies: 36
- Views: 5039
Re: Looking at Annuities
Where do you see a NYL annuity paying 4%? I have looked at a number of sites and cant find it.
- Mon Jul 11, 2022 5:13 pm
- Forum: Personal Investments
- Topic: Calculator for MYGA
- Replies: 8
- Views: 924
Calculator for MYGA
I plan to purchase a 7 year MYGA and withdraw from it each year. Assume the interest rate is 4%. Assume the initial premium is 125k. I am allowed to withdraw 10 % a year. I need a calculator that provides an amortization schedule of how much would be withdrawn each year and, of that amount, how much is interest, how much is principal and what the ending balance would be of the MYGA at the end of each year and at end of 7 years.
I have tried a sinking fund calculator, a basic amortization calculator , and others. None have answered my question. Either I am not using the calculator correctly or am not using the correct calculator.
Any help is appreciated.
Thank you.
I have tried a sinking fund calculator, a basic amortization calculator , and others. None have answered my question. Either I am not using the calculator correctly or am not using the correct calculator.
Any help is appreciated.
Thank you.
- Sat Jul 09, 2022 4:56 pm
- Forum: Personal Investments
- Topic: Optimal TIPS ETFs and funds for duration matching?
- Replies: 33
- Views: 5310
Re: Optimal TIPS ETFs and funds for duration matching?
I think the downside risk is rates rising. When you need to sell in 8 years the duration may not be 7.5 years. If long real rates rise significantly could be large hit.
That is why I prefer individual TIPS match d for x number of years. Yes, my 25 years of match tips may not last as long as I live but at 68 I am willing to take that risk , realizing I can monitor and make adjustments every few years by extending the ladder or take some other action.
That is less complicated to me than trying to match a long term and short term TIPS funds. When individual tips matures each year you can spend it or deploy in some other way.
That is why I prefer individual TIPS match d for x number of years. Yes, my 25 years of match tips may not last as long as I live but at 68 I am willing to take that risk , realizing I can monitor and make adjustments every few years by extending the ladder or take some other action.
That is less complicated to me than trying to match a long term and short term TIPS funds. When individual tips matures each year you can spend it or deploy in some other way.
- Thu Jun 23, 2022 9:39 am
- Forum: Investing - Theory, News & General
- Topic: Is it possible to turn nominal income into Inflation protected income?
- Replies: 7
- Views: 1278
Re: Is it possible to turn nominal income into Inflation protected income?
Bumping this thread.
Now that TIPS yield are positive, wouldn't buying X amount of TIPS for X number of years lessen the problem. One would need to use some projected inflation amount i.e. 3%, for X years (30?) and then simply buy the amount of TIPS for each year? Obviously, TIPS bought to satisfy inflation increase in 5th year would cost less than the one bought for 30 years.
While this option isn't perfect it should go along way in solving the problem.
Thoughts.
Now that TIPS yield are positive, wouldn't buying X amount of TIPS for X number of years lessen the problem. One would need to use some projected inflation amount i.e. 3%, for X years (30?) and then simply buy the amount of TIPS for each year? Obviously, TIPS bought to satisfy inflation increase in 5th year would cost less than the one bought for 30 years.
While this option isn't perfect it should go along way in solving the problem.
Thoughts.
- Mon Jun 20, 2022 9:10 pm
- Forum: Investing - Theory, News & General
- Topic: Bonds don't seem to hedge against downturns anymore
- Replies: 153
- Views: 17543
Re: Bonds don't seem to hedge against downturns anymore
They haven’t held up because of fast rise in interest rates.
- Thu Jun 16, 2022 11:48 am
- Forum: Investing - Theory, News & General
- Topic: 10 yr CD 4%
- Replies: 6
- Views: 1428
Re: 10 yr CD 4%
It is callable isn’t it?
- Wed Jun 15, 2022 11:41 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 22381
- Views: 2139820
Re: U.S. stocks continue to soar!
Free Fall
- Wed Jun 08, 2022 9:59 pm
- Forum: Personal Consumer Issues
- Topic: Any Starlink users here?
- Replies: 19
- Views: 2357
Re: Any Starlink users here?
I have it in a remote mountain area. It has worked well.
- Wed May 25, 2022 7:24 pm
- Forum: Investing - Theory, News & General
- Topic: Purchasing MYGAs (multi year guaranteed annuities) - mega thread
- Replies: 2255
- Views: 293070
Re: Purchasing MYGAs (multi year guaranteed annuities) - mega thread
For those of you buying MYGA's from A-,BBB+++ are you not concerned about defaults?
The 4.0 percent and 4.3 percent is nice but I would be worried one of those insurance companies might default. I have heard the quote "More money has been lost reaching for yield...," many times.
I own MYGA's but they A+ AA+ carriers.
It is not worth it to me to take the risk on the difference between a BBB+ company and an A+ company. Usually there is about .75 basis pt difference between them. On a 100k MYGA you only receive $750.00 a year more for buying the BBB+ MYGA. About $ 62.00 a month.
The 4.0 percent and 4.3 percent is nice but I would be worried one of those insurance companies might default. I have heard the quote "More money has been lost reaching for yield...," many times.
I own MYGA's but they A+ AA+ carriers.
It is not worth it to me to take the risk on the difference between a BBB+ company and an A+ company. Usually there is about .75 basis pt difference between them. On a 100k MYGA you only receive $750.00 a year more for buying the BBB+ MYGA. About $ 62.00 a month.
- Thu May 19, 2022 8:10 am
- Forum: Investing - Theory, News & General
- Topic: Interest Rates Decline In Recession?
- Replies: 6
- Views: 911
Interest Rates Decline In Recession?
As a general rule, do short term, intermediate and long term rates decline in a recession?
If all three normally dont decline which of the three do decline--if any?
Thanks.
If all three normally dont decline which of the three do decline--if any?
Thanks.
- Thu May 12, 2022 8:19 pm
- Forum: Personal Investments
- Topic: TIPS Confession
- Replies: 334
- Views: 33454
Re: TIPS Confession
I took Bill Bernstein’s advice years ago. I have laddered TIPS for almost 25 years beginning in 2025. With each rung of the ladder , plus Social Security, abut 80 per cent of monthly expenses are covered until our nineties. Some years I doubled up to fill years where no tips were available.
Remaining portfolio in stocks/ bonds.
Remaining portfolio in stocks/ bonds.
- Wed Mar 30, 2022 12:43 pm
- Forum: Investing - Theory, News & General
- Topic: Total Bond vs individual bonds performance
- Replies: 25
- Views: 1780
Re: Total Bond vs individual bonds performance
How do you know amount you will get back when the corporate etf matures and closes fund? If none of the bonds in the etf default then one should get basically what was paid for each share IF the shares were purchased when the etf began.
But if when you purchase the etf you pay more than the initial par value I assumed you would not get back what you paid to purchase the etf shares and would have a loss.
Am on plane. Pls excuse grammar and typos
But if when you purchase the etf you pay more than the initial par value I assumed you would not get back what you paid to purchase the etf shares and would have a loss.
Am on plane. Pls excuse grammar and typos
- Mon Nov 22, 2021 2:45 pm
- Forum: Personal Consumer Issues
- Topic: Volvo opinions?
- Replies: 41
- Views: 4872
Re: Volvo opinions?
I have owned 8 Volvos over past 30 years. I drive a 2011 S 80 with 190000 miles.
My wife drives a 2019 XC 60 .
I have also owned a 300 Turbo Mercedes. And a
Lexus.
Love the Mercedes but after warranty expired repair cost was
We’re horrendous. I didn’t like the Lexus.
Yes there will be expensive repairs on a Volvo. But repairs to my Volvos were less than Mercedes snd Lexus repairs.
I Am honk you should seriously consider the Volvo.
My wife drives a 2019 XC 60 .
I have also owned a 300 Turbo Mercedes. And a
Lexus.
Love the Mercedes but after warranty expired repair cost was
We’re horrendous. I didn’t like the Lexus.
Yes there will be expensive repairs on a Volvo. But repairs to my Volvos were less than Mercedes snd Lexus repairs.
I Am honk you should seriously consider the Volvo.
- Fri Nov 12, 2021 8:06 pm
- Forum: Investing - Theory, News & General
- Topic: "Guaranteed Income - A License to Spend"
- Replies: 56
- Views: 7483
- Fri Oct 22, 2021 1:49 pm
- Forum: Investing - Theory, News & General
- Topic: Stock/Bond Mix in Retirement: The Surprise In The Data
- Replies: 121
- Views: 15183
Re: Stock/Bond Mix in Retirement: The Surprise In The Data
But you still have to try to really understand what a 50% drop in your portfolio would do to your retirement.
How would you feel if you worked 40 years, had assets of 2 million when you retire and lost half of the 2 million from a stock crash when you are 70 years old. I could not sleep at night if that happened to me. I would wonder if the market would come back in time to recoup my loses and provide me with the money I need in my 80's.
How would you feel if you worked 40 years, had assets of 2 million when you retire and lost half of the 2 million from a stock crash when you are 70 years old. I could not sleep at night if that happened to me. I would wonder if the market would come back in time to recoup my loses and provide me with the money I need in my 80's.
- Wed Oct 13, 2021 2:12 pm
- Forum: Personal Finance (Not Investing)
- Topic: [Can I add Social Security COLA to estimated future benefits?]
- Replies: 25
- Views: 2000
Re: Social Security 5.9% COLA
[quote=neurosphere post_id=6272656 time=1634149168 user_id=16909] [quote=antiqueman post_id=6272631 time=<a href="tel:1634148622">1634148622</a> user_id=12852] For those that are over 62 what increases ?Is it the PIA. I am 67 and haven’t started SS yet. My PIA is 2950. Does it increase 5.9 percent ?Or my last years estimated benefit of about $ 3200 month? [/quote] Edited to add: sscritic reminds me that the PIA itself is adjusted each year: https://www.ssa.gov/OP_Home/cfr20/404/404-0270.htm § 404.270. Cost-of-living increases. [quote][b][i]Your primary insurance amount[/i][/b] may be automatically increased each December so it keeps up with rises in the cost of living. These automatic increases also apply to other benefit amounts,...
- Wed Oct 13, 2021 1:10 pm
- Forum: Personal Finance (Not Investing)
- Topic: [Can I add Social Security COLA to estimated future benefits?]
- Replies: 25
- Views: 2000
Re: Social Security 5.9% COLA
For those that are over 62 what increases ?Is it the PIA.
I am 67 and haven’t started SS yet. My PIA is 2950. Does it increase 5.9 percent ?Or my last years estimated benefit of about $ 3200 month?
I am 67 and haven’t started SS yet. My PIA is 2950. Does it increase 5.9 percent ?Or my last years estimated benefit of about $ 3200 month?
- Sun Sep 12, 2021 3:02 pm
- Forum: Personal Finance (Not Investing)
- Topic: I’m Planning to Claim SS @62… Well, Why Not? ►Updated w/Funded Ratio
- Replies: 355
- Views: 41253
Re: I’m Planning to Claim SS @62… Well, Why Not?
I am past full retirement age. Two reasons I am deferring is that I am married and am considering my wife. And, we are doing Roth conversions. If not for those two things I would have taken it at 66.
- Sun Sep 12, 2021 2:40 pm
- Forum: Investing - Theory, News & General
- Topic: Something good from Wade Pfau
- Replies: 94
- Views: 19340
Re: Something good from Wade Pfau
Wade ,thank you for your help on Bogleheads.
While others may make certain comments about your writings, my guess is the majority of people on the forum appreciate your insights.
For one, I do not want you to stop posting. I do not want you to believe you are not welcome on the forum and leave it like Larry Swedroe did.
While others may make certain comments about your writings, my guess is the majority of people on the forum appreciate your insights.
For one, I do not want you to stop posting. I do not want you to believe you are not welcome on the forum and leave it like Larry Swedroe did.