Search found 41 matches

by PoultryMan
Sat Jan 18, 2020 3:59 am
Forum: Personal Finance (Not Investing)
Topic: Life advice for recent graduate
Replies: 67
Views: 4192

Re: Life advice for recent graduate

Save 20% of everything you make. Invest in tax deferred and matching options like 401k first. When you can “afford” a house, wait another 5 years and save by having a roommate When at work, always look to add new skills At work realize how you handle conflict and others will stay with you forever. ...
by PoultryMan
Sun Jan 12, 2020 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Can we retire?
Replies: 120
Views: 10374

Re: Can we retire?

PaulF wrote:
Sun Jan 12, 2020 4:14 pm
Agreed: Past the second bend point, you are pushing on a rope! :mrgreen:
I have 25 years into SS payment and want to retire in 5. I often wonder what the ss will be without those 5 years of earning, how do I figure that out?
by PoultryMan
Thu Dec 19, 2019 12:18 pm
Forum: Personal Investments
Topic: Change from Regular 401K To Roth 401K question
Replies: 13
Views: 450

Re: Change from Regular 401K To Roth 401K question

We have about half our retirement savings in traditional IRA's as a result of employer change rollovers.
by PoultryMan
Thu Dec 19, 2019 11:40 am
Forum: Personal Investments
Topic: Change from Regular 401K To Roth 401K question
Replies: 13
Views: 450

Re: Change from Regular 401K To Roth 401K question

Years ago I did a backdoor Roth for about $10k. Im not sure how, if at all this limits what I can do with another? Help is appreciated.
by PoultryMan
Thu Dec 19, 2019 11:30 am
Forum: Personal Investments
Topic: Change from Regular 401K To Roth 401K question
Replies: 13
Views: 450

Change from Regular 401K To Roth 401K question

Since I really dont know what my tax status will be when I retire, is there any downside to changing my current employer based 401k plan to a Roth 401K plan so I have assets in both?

Does anything preclude me from switching with the new year?
by PoultryMan
Thu Sep 05, 2019 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Home / Re balancing Simultaneously ??
Replies: 6
Views: 557

Re: Buying Home / Re balancing Simultaneously ??

No, not a bad idea just be sure to sell the long term gains.
by PoultryMan
Fri Aug 23, 2019 12:22 pm
Forum: Personal Investments
Topic: How to sell?/portfolio advice please!
Replies: 10
Views: 795

Re: How to sell?/portfolio advice please!

Buster: One thing you may want to consider, as others have mentioned is the cost of healthcare when retiring early. No great surprise there. If working part time somewhere affords it, you may be more comfortable doing so for healthcare reasons only. Also, and I dont mean this in a judgmental manner,...
by PoultryMan
Fri Jul 12, 2019 9:35 am
Forum: Personal Finance (Not Investing)
Topic: How much UMBRELLA coverage should I have?
Replies: 2
Views: 399

Re: How much UMBRELLA coverage should I have?

thanks, I should have checked!
by PoultryMan
Fri Jul 12, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: How much UMBRELLA coverage should I have?
Replies: 2
Views: 399

How much UMBRELLA coverage should I have?

Just curious how much coverage people have?

If one had a net worth of $1M,$2m, 3M, 4M in their early 50's, how much would you carry for each net worth?

My understanding is I should have the amount I have as net worth???
by PoultryMan
Fri Jul 05, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: How much did FIRE affect your SS payments?
Replies: 17
Views: 2722

How much did FIRE affect your SS payments?

I am trying to retire early, as many here are. I am having difficulty producing conservative, but realistic social security payout scenarios for the following reasons: 1) Spouse and I have 24/26 years respectively of paying into SS. 2) Per SS website we will be due $2800/month at 67 3) Using Opensoc...
by PoultryMan
Wed Jul 03, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Smartest way to buy bigger home?? Advice please
Replies: 4
Views: 496

Smartest way to buy bigger home?? Advice please

Cliffs notes version is this. I want to buy a home that will be approximately $250,000 more than my current home is worth (not on market yet but will sell quickly). If my plan is to pay the new home cash with both the sale proceeds of my current home and other holdings, what type of loan is best for...
by PoultryMan
Wed Jun 26, 2019 10:30 am
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans to Launch Commodities Fund
Replies: 195
Views: 24820

Re: Vanguard Commodity Fund- Why?

Rick: Thanks for the response. I was just curious if this is similar to a "Prudent Bear" type fund.
by PoultryMan
Wed Jun 26, 2019 10:02 am
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans to Launch Commodities Fund
Replies: 195
Views: 24820

Vanguard Commodity Fund- Why?

[Thread merged into here, see below. --admin LadyGeek] Help me understand where you can make a case for this fund? I genuinely dont know where this would fit into a portfolio other than a bear market fund? I cant seem to find much information on it. Im curious if anyone would feel this is a part of...
by PoultryMan
Sun Jun 16, 2019 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 127
Views: 13570

Re: With hindsight, what signs indicated you were about to lose your job?

Aside from obvious awareness of lack of financial health for the company, communication, or lack thereof.

Was layed off in 2008, and all the communication went silent for 2-3 days and then whammo.
by PoultryMan
Fri Jun 14, 2019 3:35 am
Forum: Personal Investments
Topic: Starbucks; buy, sell, hold?
Replies: 41
Views: 3596

Re: Starbucks; buy, sell, hold?

This is an entire forum built on the premise that no one can answer that question. Funny. I thought this was a forum built on the investing wisdom of Jack Bogle. I also thought JB thought nobody knew how to beat the market, so own the market. I believe he counseled those who wanted to own individua...
by PoultryMan
Wed Jun 12, 2019 2:13 am
Forum: Personal Finance (Not Investing)
Topic: Job opportunity - KSA/Bahrain
Replies: 66
Views: 5994

Re: Job opportunity - KSA/Bahrain

I thought you would say this is a move with way more $$$$$ being thrown at you.

I’m all up for a year or two adventure/sacrifice, but it would be a big NO for me. Can’t see my family would enjoy that more than the first week or two, which would likely be fun and interesting.

Good luck.
by PoultryMan
Tue Jun 11, 2019 8:41 pm
Forum: Personal Consumer Issues
Topic: Which shaving cream / oil?
Replies: 58
Views: 4428

Re: Which shaving cream / oil?

Truffit and hill or at the very least psoraso.

Use a brush with a damp end. You’ll never go back to foam or gels.
by PoultryMan
Thu Jun 06, 2019 3:38 pm
Forum: Personal Consumer Issues
Topic: How to buy a mattress
Replies: 62
Views: 7359

Re: How to buy a mattress

Bought a Brooklyn bedding king. My wife was skeptical. 3 years later it is a great bed. Most of the online companies give you a few weeks. Go for it.

In a couple years springs in beds will be like cars that need to be “lubed”.
by PoultryMan
Mon May 27, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 80
Views: 10959

Re: “Upsizing” are we foolish?

hope to retire in 5 - 6 years. One thing that has not been mentioned is that you could just rent a larger place until your kid graduates high school and you are ready to retire. If you wanted to you could even keep your current place and rent it out until you are empty nesters then move back into i...
by PoultryMan
Sun Apr 14, 2019 4:43 pm
Forum: Personal Consumer Issues
Topic: Cleaning shingles (moss & mildew)
Replies: 27
Views: 3001

Re: Cleaning shingles (moss & mildew)

I’ve used both and think spray and forget is a bit better. I mix it a little stronger than they say and make sure the roof is completely dry. 3-4 months you will be pleasantly surprised
by PoultryMan
Thu Apr 11, 2019 8:06 pm
Forum: Personal Consumer Issues
Topic: Help Me Move to Low Country USA
Replies: 22
Views: 3041

Re: Help Me Move to Low Country USA

You can find mansions to live in. Finding a good school district with public schools will be your challenge.

If your FI send them to private school in an area you love. My .02
by PoultryMan
Wed Apr 03, 2019 1:40 am
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 18514

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

Yes, the likelihood of being fired is much greater when the hair turns grey. I stayed in a mega Corp too long, but I see something very different from this thread. Financial independence can and often should be coupled with professional independence. The ones most financially secure in their early 5...
by PoultryMan
Sat Mar 30, 2019 7:23 am
Forum: Personal Consumer Issues
Topic: What to see in Philly?
Replies: 87
Views: 6736

Re: What to see in Philly?

Forget all the touristy cheesesteak places. Dalessandro's in Roxborough is the best by far! Although Chubby's is pretty good and is right across the street and has fries. 100% true. NOBODY in philly thinks pats or Genos good. They are steak umm with cheese whiz. As for historical sights, see indepe...
by PoultryMan
Wed Mar 27, 2019 8:55 pm
Forum: Personal Consumer Issues
Topic: How will you spend your retirement money?
Replies: 86
Views: 10611

Re: How will you spend your retirement money?

Retiring at the end of this year. I've prepped for this financially and other ways for years. We will spend our retirement money making philanthropic donations as well as supporting the following lifestyle: We will live in the same house, paid off long ago, remodeled, comfortable, LCOL. We have ter...
by PoultryMan
Fri Mar 15, 2019 9:44 pm
Forum: Personal Consumer Issues
Topic: Peanut Butter recommendations
Replies: 84
Views: 7111

Re: Peanut Butter recommendations

Red wing
by PoultryMan
Sun Jan 20, 2019 10:17 am
Forum: Personal Investments
Topic: For those with both Vanguard and Schwab
Replies: 43
Views: 3105

For those with both Vanguard and Schwab

Is there any reason to have an account at both? For those who do, is there something one gives the other does not? I have taxable accounts at both and the only reason I don’t consolidate is to avoid a sale. Originally I bought stocks through Schwab. At this point I’m wondering why anyone would have ...
by PoultryMan
Sat Jan 19, 2019 8:32 am
Forum: Personal Consumer Issues
Topic: Myrtle Beach Restaurants
Replies: 15
Views: 1207

Re: Myrtle Beach Restaurants

I second Lees inlet kitchen in Murrels inlet. Very good food. Casual.
by PoultryMan
Fri Nov 23, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: What financial advice have you been most grateful for?
Replies: 60
Views: 6125

Re: What financial advice have you been most grateful for?

From my father:

Marry someone you enjoy spending time with and respect
Live in less house than you can afford. A house is a home, not an investment.

From Mr. Bogle:

Keep costs low
Invest in the whole market
by PoultryMan
Mon Nov 12, 2018 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Flood Insurance- When is it necessary?
Replies: 15
Views: 1441

Flood Insurance- When is it necessary?

Living in the northeast (PA), I am wondering if flood insurance is a prudent insurance product for me. I am not technically in a "flood Plain" but excessive storm damage makes me uneasy. Anyone care to opine as to whether this is a needless product in addition to homeowners or a prudent course of ac...
by PoultryMan
Wed Nov 07, 2018 9:29 pm
Forum: Personal Consumer Issues
Topic: Best strategy basement mold
Replies: 27
Views: 2553

Re: Best strategy basement mold

I have A small wet bar. Other than that I have no way of having a dehumidifier drain if running constantly. I have limited space to place a small one above the sink.

What are my options? I don’t see myself running downstairs every few hours to drain a self contained dehumidifier
by PoultryMan
Sun Nov 04, 2018 8:01 pm
Forum: Personal Consumer Issues
Topic: Best strategy basement mold
Replies: 27
Views: 2553

Best strategy basement mold

I am about to remove my basement carpet and install floating vinyl flooring. As I look closely there is some slight mold on the bottom inch or two of my leather sofas and coffee tables. I am cleaning the furniture with a 50/50 mix of water and apple vinegar, which seems to be working, I needed to so...
by PoultryMan
Sun Oct 28, 2018 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of master bath redo
Replies: 4
Views: 739

Cost of master bath redo

Living in a townhouse in the midatlantic area. Townhouse was built in the mid 80’s and we want to update the master bath. It is only about 70 square feet. As we seek a vinyl floor, new vanity, new bath and shower, we received our first estimate. The estimate came from a Home Depot’s contractor. When...
by PoultryMan
Mon Jul 02, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Retirees- How hard is it to dial spending down/up?
Replies: 38
Views: 3103

Retirees- How hard is it to dial spending down/up?

A pretty consistent theme here is that after doing research using firecalc/monte carlos, many people suggest during "down" markets in retirement to "reduce spending" if the market corrects severely. It seems to me, someone spending $140k/year in retirement would have a real challenge to spend $65k i...
by PoultryMan
Fri Jun 22, 2018 7:33 am
Forum: Personal Consumer Issues
Topic: Anyone use a WiFi enhancement product?
Replies: 14
Views: 1539

Re: Anyone use a WiFi enhancement product?

Does the orbi REPLACE my fios router?
by PoultryMan
Thu Jun 21, 2018 6:37 pm
Forum: Personal Consumer Issues
Topic: Anyone use a WiFi enhancement product?
Replies: 14
Views: 1539

Anyone use a WiFi enhancement product?

Recently I saw a plug in unit that claims to strengthen WiFi signals in various rooms. I lose signal strength even with gigabit fios and have tried “extenders” in years past, but it slowed the reception and didn’t really help. Has anyone used something successfully to help get around tricky corners ...
by PoultryMan
Sun Jun 17, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: Retirement spending/ HCOL areas?
Replies: 10
Views: 2186

Retirement spending/ HCOL areas?

There are similar threads, but I am very interested in whether (especially taking into consideration my/ our specifics) those in similar situations spending went UP/DOWN in retirement? The personal question, just for my curiosity is the actual dollar amount you spend annually in retirement and if yo...
by PoultryMan
Wed Jun 13, 2018 6:44 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 20542

Re: Life in retirement - what did you do today?

Early 50’s here and don’t want to derail a harmless thread, but I have some random thoughts on these posts. Reading these I have encountered all these emotions: **Depressed because it seems so boring and purposeless in retirement ** I wonder how many of these people worry about spending too much eac...
by PoultryMan
Wed Jun 13, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 180
Views: 42197

Re: Bogleheads, tell me about your 40's?

My 40's are now in the rear view mirror and I must say, I cant believe how time flies. Turning 50 didnt bother me, then I took a stress test and found I have some heart issues due to not taking care of myself and some eyesight issues. How did this happen? Likely from forgetting about my body and wor...
by PoultryMan
Mon Feb 05, 2018 7:36 am
Forum: Personal Investments
Topic: The big 5-0 and financial check up-advice please
Replies: 9
Views: 2131

Re: The big 5-0 and financial check up-advice please

Been tracking expenses on quicken for 10 months now. Surprised as decent savers how much we have spent.
by PoultryMan
Sun Feb 04, 2018 3:57 pm
Forum: Personal Investments
Topic: The big 5-0 and financial check up-advice please
Replies: 9
Views: 2131

The big 5-0 and financial check up-advice please

Hello Bogleheads: I have been a long time lurker but with some time on my hand today and about to celebrate the big 5-0 I thought it time to bare my financial soul and get community thoughts and advice to see where I am and what I should do to reach my goals. We have no pensions so retirement at 58 ...