Search found 1153 matches

by LilyFleur
Wed May 27, 2020 2:45 am
Forum: Personal Finance (Not Investing)
Topic: How is the Amazon Prime Rewards Visa Signature Card
Replies: 41
Views: 2182

Re: How is the Amazon Prime Rewards Visa Signature Card

I use it for all my Amazon purchases, but not for anything else. No problems.

Good idea posted in this thread to use the credits on the bill statement instead of for purchasing items.
by LilyFleur
Wed May 27, 2020 2:38 am
Forum: Personal Consumer Issues
Topic: New TVs with built-in Roku
Replies: 51
Views: 2393

Re: New TVs with built-in Roku

I bought a 65" TCL TV from Costco about two years ago. I think it was around $600 after a $140-off coupon. I love it--I didn't need apple TV anymore (thank goodness, that little silver remote kept getting lost), and you can download additional apps. It has built-in ROKU. Super streamlined--it hangs ...
by LilyFleur
Tue May 26, 2020 3:46 pm
Forum: Personal Investments
Topic: Any retirees get through Covid crisis without large cash reserve?
Replies: 50
Views: 2958

Re: Any retirees get through Covid crisis without large cash reserve?

My portfolio is currently 46% index fund equities (except for 1.47% of an individual fund), and 54% cash. Hopefully the stock will regain value and become a larger % of the portfolio. I'm thinking about what to do with the cash. Most of it is in a stable value fund in my 401k. Cash in taxable is jus...
by LilyFleur
Tue May 26, 2020 2:03 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads: What is your largest single stock holding? (if any)
Replies: 76
Views: 3457

Re: Bogleheads: What is your largest single stock holding? (if any)

Boeing, 1.47%, in pre-tax so no opportunity for tax loss harvesting.
Boeing has been very good to me--enabled me to retire early. Previously, the dividends kept me going for a few years at a very difficult time of my life.
Thankfully I came to this forum and diversified into index funds.
by LilyFleur
Sat May 23, 2020 8:37 pm
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 120
Views: 9512

Re: Personal spending out of control after Covid-19

Since the pandemic erupted, and the kids have been home alone with me while my wife goes off to work,... This is about as far as I got. How could the kids be "home alone" if you are there? Were you hiding out in a different room? It sounds like you missed out on great opportunities to do things wit...
by LilyFleur
Sat May 23, 2020 3:57 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime delayed shipping
Replies: 39
Views: 2689

Re: Amazon Prime delayed shipping

Nope. Things have changed, and it is easy to see how Amazon's business might have been affected. An unexpected trip to Home Depot last week where I found myself being only one of only a very few masked people in a crowded store made me appreciate having items delivered to my doorstep--even if I hav...
by LilyFleur
Sat May 23, 2020 2:55 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 90
Views: 4520

Re: Tips to stick to a weight loss diet?

I don't think of my eating habits as a diet, ever. I just think of it as a budget to maintain my ideal weight. A cup of coffee in the morning and mid-day. I graze on nuts and low-calorie vegetables and sometimes a bit of fruit during the day (never more than a very small handful of nuts), and then f...
by LilyFleur
Sat May 23, 2020 2:40 am
Forum: Personal Consumer Issues
Topic: Amazon Prime delayed shipping
Replies: 39
Views: 2689

Re: Amazon Prime delayed shipping

I still use Amazon. I think they're doing the best they can, as are most businesses that deliver. I am at home with three at-risk conditions, so I just wait for my deliveries. I ordered from Harbor Freight a few days ago, and they said they are running one to two weeks behind on fulfilling their ord...
by LilyFleur
Sat May 23, 2020 2:21 am
Forum: Investing - Theory, News & General
Topic: The Taleb Asness 'debate' in the light of Bogleheads philosophy
Replies: 146
Views: 6985

Re: The Taleb Asness 'debate' in the light of Bogleheads philosphy

[...] Thanks! One last question concerning this point Taleb, basically, believes the probability of extreme events ("tail risk") to be higher than most Bogleheads might. BHs (and I'm in the this camp, lest it sound pejorative) basically believe the future will look roughly like the past. Not that e...
by LilyFleur
Sat May 23, 2020 12:03 am
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3415

Re: Do you dislike recurring billing for gyms?

I autopay all my bills, so gyms are just one more. On one hand, autopay can be dangerous because you can forget about all the little charges billed monthly and totally blow your budget. There is also the risk of over charge. On the other hand, manually paying bills would get extremely tedious and c...
by LilyFleur
Fri May 22, 2020 7:08 pm
Forum: Investing - Theory, News & General
Topic: Best Overall Online Brokerage Account
Replies: 31
Views: 2035

Re: Best Overall Online Brokerage Account

I'm not happy right now that at his once-a-year-free visit with an advisor at Fidelity, my friend was persuaded to buy an annuity. Have your friend act quickly and cancel it, presumably in writing so they have a record: https://finance.zacks.com/grace-period-cancelling-annuity-contract-7053.html "Y...
by LilyFleur
Fri May 22, 2020 7:07 pm
Forum: Personal Investments
Topic: Can retirement be this simple?
Replies: 31
Views: 4285

Re: Can retirement be this simple?

If things are so rosy, why not defer social security until you turn 70? That get's you an additional 24% monthly payment for the rest of your life. That's about the best deal out there. Plus, it's pretty good longevity insurance. I have considered that. I decided on 67 basically because i was in be...
by LilyFleur
Fri May 22, 2020 7:01 pm
Forum: Personal Investments
Topic: Can retirement be this simple?
Replies: 31
Views: 4285

Re: Can retirement be this simple?

I would withdraw the funds as needed to meet current spending, making sure to honor RMDs once that's required. You can cut spending in bear markets and then live a little when the market hands you giant bags of money. I like to have separate funds for equities and fixed income, so I can pick which ...
by LilyFleur
Wed May 20, 2020 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 42
Views: 4321

Re: New job / wife 33 weeks pregnant / paternity

I want to commend you for your dedication to your family. I wish you and your family the best!
by LilyFleur
Wed May 20, 2020 9:57 pm
Forum: Investing - Theory, News & General
Topic: Best Overall Online Brokerage Account
Replies: 31
Views: 2035

Re: Best Overall Online Brokerage Account

I'm not happy right now that at his once-a-year-free visit with an advisor at Fidelity, my friend was persuaded to buy an annuity. I researched Schwab, Fidelity, and Vanguard, and based on that research decided on Schwab about three years ago. I've been happy, especially with their 24/7 customer se...
by LilyFleur
Wed May 20, 2020 9:47 pm
Forum: Personal Investments
Topic: Move Total International from Roth IRA to 401k/403b?
Replies: 20
Views: 650

Re: Move Total International from Roth IRA to 401k/403b?

Had my international (4.5%) and my Russell 2000 (4.5%) index funds been in taxable instead of 401k, I would have had the ability for five-figure tax loss harvesting. That's not the whole picture, for sure, just looking in the rearview mirror. My Roth is kind of weird--it sort of sits in my 401k as X...
by LilyFleur
Wed May 20, 2020 6:15 pm
Forum: Personal Investments
Topic: Calculating future retirement income
Replies: 7
Views: 592

Re: Calculating future retirement income

Do you live in a low cost of living area? Do you have children that you enjoy giving to? Do you pay state taxes? Will your house be paid for? Health-care costs are a really big wild card. I would try to save more aggressively, if possible. I'm single and early retired and would have a hard time livi...
by LilyFleur
Wed May 20, 2020 6:10 pm
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 262
Views: 19234

Re: What is your most luxury/expensive hobby.

Learning to do abstract painting for the first time in my life, with acrylic paints. Supplies are not cheap (paint, tools, various mediums, canvas, wooden panels). I'm taking a pretty intense course which has turned out to be perfect timing for living alone during self isolation. The course was the ...
by LilyFleur
Wed May 20, 2020 5:58 pm
Forum: Investing - Theory, News & General
Topic: Best Overall Online Brokerage Account
Replies: 31
Views: 2035

Re: Best Overall Online Brokerage Account

I'm not happy right now that at his once-a-year-free visit with an advisor at Fidelity, my friend was persuaded to buy an annuity. I researched Schwab, Fidelity, and Vanguard, and based on that research decided on Schwab about three years ago. I've been happy, especially with their 24/7 customer ser...
by LilyFleur
Wed May 20, 2020 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Covid impact: CA license renewal and REAL ID
Replies: 13
Views: 1006

Re: Covid impact: CA license renewal and REAL ID

When I went in person to get my Real ID, the teller informed me it would be better to wait until my license had to be renewed. Since I had gone to all the trouble to make the appointment and sit in the waiting area for 30 minutes, I just went ahead and got it anyway. Glad I did, but I'm not traveli...
by LilyFleur
Wed May 20, 2020 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Contemplating expensive house purchase during pandemic
Replies: 41
Views: 3882

Re: Contemplating expensive house purchase during pandemic

Part of your financial equation is out-of-state childcare. One of the mothers is not available now. If you upsize your housing, it would be good to make sure there is enough in your budget to pay for childcare if that becomes necessary, and if both out-of-state mothers are not available to you. Are ...
by LilyFleur
Wed May 20, 2020 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Covid impact: CA license renewal and REAL ID
Replies: 13
Views: 1006

Re: Covid impact: CA license renewal and REAL ID

When I went in person to get my Real ID, the teller informed me it would be better to wait until my license had to be renewed. Since I had gone to all the trouble to make the appointment and sit in the waiting area for 30 minutes, I just went ahead and got it anyway. Glad I did, but I'm not travelin...
by LilyFleur
Wed May 20, 2020 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion impact on future years' estimated taxes
Replies: 8
Views: 617

Re: Roth conversion impact on future years' estimated taxes

Gill, that is what I did last year. Thank you so much for your well-informed posts.
by LilyFleur
Wed May 20, 2020 4:34 pm
Forum: Personal Investments
Topic: Retiring fairly young with a govt pension and trying to put together a plan
Replies: 37
Views: 4441

Re: Retiring fairly young with a govt pension and trying to put together a plan

My pension never gets cost of living increases. This could be a real problem 20 or 30 or 40 years from now. Living on that pension should be relatively easy early on. I think you will need supplemental income after awhile. You are going to need a sizable nest egg to provide that once you are older....
by LilyFleur
Wed May 20, 2020 4:21 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring Help
Replies: 68
Views: 2924

Re: Engagement Ring Help

I'd go with a local place if you want the traditional route, just make sure that they'll clean and size for free or for a reasonable price. Be aware of the hardness of diamond alternatives if your future fiancee/wife is going to wear her ring every day. Diamonds are hard and can't be scratched by b...
by LilyFleur
Wed May 20, 2020 3:22 am
Forum: Personal Consumer Issues
Topic: Engagement Ring Help
Replies: 68
Views: 2924

Re: Engagement Ring Help

My fiancée wanted a moissanite ring. She thinks diamonds are a scam and bad for the environment. It was way cheaper than a diamond. We have been happily married for 30 years. I would steer clear of anyone that demanded an expensive trinket. Moissanite is gorgeous, and then you have money left over ...
by LilyFleur
Wed May 20, 2020 3:06 am
Forum: Personal Investments
Topic: Retiring fairly young with a govt pension and trying to put together a plan
Replies: 37
Views: 4441

Re: Retiring fairly young with a govt pension and trying to put together a plan

My pension never gets cost of living increases. This could be a real problem 20 or 30 or 40 years from now. Living on that pension should be relatively easy early on. I think you will need supplemental income after awhile. You are going to need a sizable nest egg to provide that once you are older....
by LilyFleur
Wed May 20, 2020 2:54 am
Forum: Personal Investments
Topic: Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s
Replies: 32
Views: 2187

Re: Requesting advice: Ed Jones to Vanguard for folks in mid-90s

I'm sorry if I missed this, but is the Edward Jones account taxable or tax-deferred? I am just thinking that when one of your parents dies, that will leave the other in the single tax bracket. I don't know if the survivor would have the same pension amount every month. Sorry, if this isn't part of ...
by LilyFleur
Wed May 20, 2020 2:44 am
Forum: Personal Investments
Topic: Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s
Replies: 32
Views: 2187

Re: Requesting advice: Ed Jones to Vanguard for folks in mid-90s

For example, if the Edward Jones account is tax-deferred, start withdrawing funds now at the lower MFJ tax rate and placing them in a regular brokerage account so that the survivor could draw those funds mostly tax free. For funds not immediately needed to pay expenses, isn’t Roth conversion strict...
by LilyFleur
Tue May 19, 2020 1:29 am
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 267
Views: 15546

Re: So what are you cooking

I think if you are getting bored it's probably time to challenge yourself to do something or try something you have not done or eaten before. It's easy to get on a "food treadmill" of trying to use everything optimally and perhaps not seeing other possibilities. Try a "pantry challenge" and combine...
by LilyFleur
Tue May 19, 2020 1:22 am
Forum: Personal Investments
Topic: Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s
Replies: 32
Views: 2187

Re: Requesting advice: Ed Jones to Vanguard for folks in mid-90s

I'm sorry if I missed this, but is the Edward Jones account taxable or tax-deferred? I am just thinking that when one of your parents dies, that will leave the other in the single tax bracket. I don't know if the survivor would have the same pension amount every month. Sorry, if this isn't part of y...
by LilyFleur
Tue May 19, 2020 1:04 am
Forum: Personal Finance (Not Investing)
Topic: Opinion on Relocating from IL to FL Central Gulf Coast Condo
Replies: 35
Views: 2557

Re: Opinion on Relocating from IL to FL Condo

Remember that, should one of you die, that leaves the other in a much more challenging single tax bracket. Just something to think about if taking on significantly greater annual expenses.
by LilyFleur
Tue May 19, 2020 12:53 am
Forum: Investing - Theory, News & General
Topic: Appreciating the magnitude of Sequence of Returns immediately after retirement
Replies: 115
Views: 5851

Re: Appreciating the magnitude of Sequence of Returns immediately after retirement

Folks, 1) Bond is not cash. It can drop too. 2) One to two years of CASH allow you to slow or stop withdrawal in a really bad year. And, that could make all the difference as per the topic. 3) The additional benefit of the CASH is flexible tax management during retirement. KlangFool This. And, a qu...
by LilyFleur
Mon May 18, 2020 11:16 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2738

Re: Dividend vs Total Return question

I changed the question to owning one stock,ATT ,a few posts back to eliminate the confusion of owning different things.I really am interested in the answer if someone has one. Thanks Your ATT hypothetical is nonsense. One investor gets 7% in dividends. The other gets the same 7% in dividends and se...
by LilyFleur
Mon May 18, 2020 7:13 pm
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 267
Views: 15546

Re: So what are you cooking

I am so very bored with cooking at home. I have some Trader Joe's frozen meals in the freezer, and I have some Costco Organic Tasty Bite Madras Lentils that I eat with rice. Trying to go more plant-based, but the frozen TJoe's meals have cheese in them. I had sauteed up a giant bag of Costco onions ...
by LilyFleur
Mon May 18, 2020 6:49 pm
Forum: Investing - Theory, News & General
Topic: Social Security is an asset....yet again
Replies: 129
Views: 5697

Re: Social Security is an asset....yet again

People new to Bogleheads frequently ask this question. If it were viewed as an asset, you would estimate the total value and add it to your big asset total from which to take 4%-ish per year. It seems to be the opinion around here that you estimate it as an income stream, like you would a tradition...
by LilyFleur
Mon May 18, 2020 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Rent is increased by 6%, negotiation tips?
Replies: 60
Views: 5090

Re: Rent is increased by 6%, negotiation tips?

Just a data point. Daughter and son in law in bay area got notice about six months ago of a rent increase from $4000 up to I think it was about 4500. Daughter looked at new offerings online in the same building and saw that they were going for $4000 so she said she would move to one of those units,...
by LilyFleur
Mon May 18, 2020 6:24 pm
Forum: Personal Consumer Issues
Topic: How to get disinfecting wipes..seriously
Replies: 76
Views: 5504

Re: How to get disinfecting wipes..seriously

I bought one container at Ace Hardware about two months ago. I've used maybe three sheets out of it. I rarely go out for any reason anymore. If I do go to the store, I wear gloves and then unload my groceries into the trunk and VERY CAREFULLY remove the gloves before entering the interior of the car...
by LilyFleur
Mon May 18, 2020 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC - original mortgage not satisfied
Replies: 17
Views: 1072

Re: HELOC - original mortgage not satisfied

When I got my HELOC, my credit union got a copy of my deed from the county. Perhaps you could ask your credit union if they have done that and if so, if they could give you a copy of it.
by LilyFleur
Mon May 18, 2020 6:09 pm
Forum: Investing - Theory, News & General
Topic: Social Security is an asset....yet again
Replies: 129
Views: 5697

Re: Social Security is an asset....yet again

Will calling SS an asset or not affect it's value to an individual? Why is this distinction important? People new to Bogleheads frequently ask this question. If it were viewed as an asset, you would estimate the total value and add it to your big asset total from which to take 4%-ish per year. It s...
by LilyFleur
Mon May 18, 2020 6:07 pm
Forum: Investing - Theory, News & General
Topic: Social Security is an asset....yet again
Replies: 129
Views: 5697

Re: Social Security is an asset....yet again

I guess it comes down to ones definition of "asset". I for one am squarely in your camp OP. SS is not an asset but rather a potential income stream during retirement. Also for most bogleheads looking to retire 20+ years from now, it is best to look at it as a bonus or part of your discretionary exp...
by LilyFleur
Mon May 18, 2020 5:54 pm
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 102
Views: 8722

Re: Why no love for REITs?

My home is now 34% of my net worth (with the recent drop in equities). My portfolio is already weighted too heavily in real estate, so I would not invest in REITs. I live in a modest condo in a HCOL area, and it is not possible to downsize. REITs and home ownership are not equivalent. While your ho...
by LilyFleur
Mon May 18, 2020 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: I work remote: Is buying a home away from a major city a major risk?
Replies: 39
Views: 4287

Re: I work remote: Is buying a home away from a major city a major risk?

If you pay cash, then if you lose your job you have free rent. :mrgreen:
by LilyFleur
Fri May 15, 2020 8:09 pm
Forum: Investing - Theory, News & General
Topic: Adjust Asset Allocation when 90 or older?
Replies: 21
Views: 1423

Re: Adjust Asset Allocation when 90 or older?

It's a good idea to leave enough in fixed income in a tax deferred account in case of nursing home bills, unless the person has a very generous pension. Paying for nursing home costs out of a pension or tax-deferred account rather than from a taxable account is a good strategy for capital preservati...
by LilyFleur
Fri May 15, 2020 7:38 pm
Forum: Investing - Theory, News & General
Topic: SWR Data: 6.5 Million Possibilities Considered
Replies: 152
Views: 7114

Re: The only safe withdrawal rate is one under 3%

Until we see a 30 year period where the 4% rule failed, it's still valid, even today. Indeed, I think it failed in 1966. Technically, you're right... 3.8% was the number in 1966... But 4% isn't iron-clad in real life. In the studies, there is no deviation from 4% plus inflation year after year... I...
by LilyFleur
Fri May 15, 2020 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Mystery bill from dentist
Replies: 47
Views: 3174

Re: Mystery bill from dentist

EdNorton wrote:
Wed May 13, 2020 6:28 pm
$7,000 dental bill at age 24, you need to take better care of those teeth.
:sharebeer
not necessarily.
My daughter needed an implant in her 20s. After braces, she had to have a root canal. It's unusual, but it happens. Then the root canal failed, and she had to have an implant.
by LilyFleur
Fri May 15, 2020 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to simulate the retirement, living off investments ; Not touching monthly salaries
Replies: 44
Views: 3208

Re: Best way to simulate the retirement, living off investments ; Not touching monthly salaries

Surely if we can project and plan for the infinite number of unknowns of a 30-50 year retirement, we can plan for a quite accurate annual budget! Especially when we have many recent years of actual expenses; actual, current tax law. The OP themselves has recognized their expenses are minimal. What ...
by LilyFleur
Fri May 15, 2020 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Husband Died and Spouse lack of knowledge.
Replies: 37
Views: 6138

Re: Husband Died and Spouse lack of knowledge.

When we originally approached this firm to have both our wills prepared 12 years ago, *I* was the one to initiate the appointment and *I* was the one to meet with the attorney alone at first to describe the broad outlines of what we were looking to do and to get a sense of the information we should...
by LilyFleur
Fri May 15, 2020 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Husband Died and Spouse lack of knowledge.
Replies: 37
Views: 6138

Re: Husband Died and Spouse lack of knowledge.

A relation died recently, unexpected by him but not otherwise (alcoholic, diabetic, overweight...), and left his estate in a complete shambles. I resolved not to inflict a mess like that on anyone! So I now include a list of all my assets, including Entity (brokerage, bank, etc), account numbers, i...
by LilyFleur
Fri May 15, 2020 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: 529 vs reducing FAFSA assets
Replies: 15
Views: 935

Re: 529 vs reducing FAFSA assets

I haven't seen this exact question posted yet so here goes. My wife and I are able to put a large amount of money away each year into pre-tax and roth 401ks. (I have a plan with mega back door roth so can save ~35k per year in roth alone plus traditional pre-tax). Our first child will attend colleg...