Search found 12 matches

by FrogPerson
Wed Dec 26, 2018 5:32 pm
Forum: Personal Investments
Topic: This is why you should not time the market
Replies: 38
Views: 6220

Re: This is why you should not time the market

Well, I sort-of "timed the market" too. Following the adage that your investments should be placed so that you can sleep at night I moved my $620K TSP from 50% G and the other 50% evenly divided in C, S, and I to 100% G on October 11. I just got nervous and felt like 2008 was recurring - and I am cl...
by FrogPerson
Sat Oct 27, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Employees, leading up to retirement?
Replies: 117
Views: 11768

Re: Federal Employees, leading up to retirement?

I'll be retiring later this year with 2450 hours of unused sick leave which will add 1 year 2 months to my service which equates to almost 3.5% increase in my pension for life including joint-life survivors pension benefits. It has served as a substitute for a short-term disability policy for decad...
by FrogPerson
Sat Oct 27, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: What A Deal! [Affordable Care Act policy costs]
Replies: 28
Views: 4157

Re: What A Deal!

Well, $17,000 is one minor hospital admission, one slightly complicated ER visit. One MVA, one illness, one surgery. My spouse was medivaced and hospitalized 50 days, 17 in ICU on a ventilator due to a very very reaction to a flu vaccine. Medical bills topped $750,000. Our child has an orthopedic bi...
by FrogPerson
Mon May 14, 2018 3:19 pm
Forum: Personal Consumer Issues
Topic: Hawaii vacation suggestions
Replies: 40
Views: 6103

Re: Hawaii vacation suggestions

If you are looking for backpacking ideas - the BEST hike on the Islands is the Kalalau Trail on Kauai along the Napali coast. It's 11 mile to the beach where you can shower under a waterfall. It's noted to be difficult, but we didn't find it so - scary in parts, but absolutely gorgeous. We took two ...
by FrogPerson
Thu May 10, 2018 9:35 pm
Forum: Personal Investments
Topic: Help with retirement portfolio and planning please
Replies: 9
Views: 834

Re: Help with retirement portfolio and planning please

There are two parts to retirement finances — income and expenses. Replacing 74,5% of your current income sounds good, but you really need to know what expenses are to know if that is “enough.” I have run my post-retirement expenses through several calculators and yes, it will be enough to meet our ...
by FrogPerson
Thu May 10, 2018 7:18 pm
Forum: Personal Investments
Topic: Help with retirement portfolio and planning please
Replies: 9
Views: 834

Re: Help with retirement portfolio and planning please

1) Plan paying off all debts ($82K) and reestablishing emergency fund ($60K) immediately with windfall - do you concur? Emergency fund in Money Market or Ally Bank, or ? Yes, sounds good. Some of your loans have a low rate of interest but also low balances so I would just pay them off regardless to...
by FrogPerson
Thu May 10, 2018 7:04 pm
Forum: Personal Investments
Topic: Help with retirement portfolio and planning please
Replies: 9
Views: 834

Re: Help with retirement portfolio and planning please

There are two parts to retirement finances — income and expenses. Replacing 74,5% of your current income sounds good, but you really need to know what expenses are to know if that is “enough.” I have run my post-retirement expenses through several calculators and yes, it will be enough to meet our ...
by FrogPerson
Thu May 10, 2018 6:25 pm
Forum: Personal Investments
Topic: Help with retirement portfolio and planning please
Replies: 9
Views: 834

Re: Help with retirement portfolio and planning please

Yes, I have done that - especially considering the current proposals to eliminate the FERS supplement and COLA. I can do this without FERS supplement, though I might consider keeping current position but working part-time, 64 hrs/PP if that were to happen. The money is good, the job is enjoyable - b...
by FrogPerson
Thu May 10, 2018 5:30 pm
Forum: Personal Investments
Topic: Help with retirement portfolio and planning please
Replies: 9
Views: 834

Help with retirement portfolio and planning please

I plan to retire in July, 2019. I will be 58.5 yrs young. I'd like your advice and input and am fairly new here - following guidelines about asking portfolio questions to the best of my ability. This is my and my spouses situation: Emergency funds - $0. We've had many of the kinds of challenges life...
by FrogPerson
Mon May 07, 2018 10:02 pm
Forum: Personal Investments
Topic: Can I roll-over aSingle Premium Equity Indexed Deferred Annuity?
Replies: 4
Views: 696

Re: Can I roll-over aSingle Premium Equity Indexed Deferred Annuity?

Yes, I am confusing this with a pre-tax retirement account thus assuming the 10% IRS penalty. Thinking it through I see that only the earnings would be considered taxable income and taxed at my ordinary rate. So it's only the instrument's built in penalty for cashing in prior to holding it for 10 ye...
by FrogPerson
Thu Apr 19, 2018 8:58 pm
Forum: Personal Investments
Topic: Can I roll-over aSingle Premium Equity Indexed Deferred Annuity?
Replies: 4
Views: 696

Re: Can I roll-over aSingle Premium Equity Indexed Deferred Annuity?

Sorry for the delay in responding and thanks for your response. I did not use Roth funds for this - just bought it with cash. As I am 57.5 yrs old now, I have two years until there is no IRS early withdrawal penalty, I think. And 3 yrs until there is no penalty on cashing out the single premium equi...
by FrogPerson
Tue Feb 06, 2018 6:31 pm
Forum: Personal Investments
Topic: Can I roll-over aSingle Premium Equity Indexed Deferred Annuity?
Replies: 4
Views: 696

Can I roll-over aSingle Premium Equity Indexed Deferred Annuity?

Please be gentle - I made this "investment" almost 7 years ago at the advice of a young relative. I bought a single premium equity indexed deferred annuity policy from, Bankers Life. I want out, and want to move it into a Roth. But, having read, and re-read the policy and what I can find on Bogglehe...