Search found 32 matches

by danceswithhammer
Sun Feb 10, 2019 11:44 pm
Forum: Personal Investments
Topic: Newbie with retirement withdrawal question
Replies: 28
Views: 2568

Re: Newbie with retirement withdrawal question

thanks for more tips radiowave, ben, and David! I need to revisit the idea of putting some of my cash reserve that is being held for at least three years in short term bond fund instead of CDs and Prime MM. You and others on this post and some others have finally calmed my concern about sequence ris...
by danceswithhammer
Sun Feb 10, 2019 7:14 pm
Forum: Personal Investments
Topic: Newbie with retirement withdrawal question
Replies: 28
Views: 2568

Re: Newbie with retirement withdrawal question

Thanks ruralvision and bltn for your input! It is nice to get some reassurance that I am headed in the right direction, and to get other perspectives from the community.

Thanks again!
by danceswithhammer
Sun Feb 10, 2019 7:12 pm
Forum: Personal Investments
Topic: Newbie with retirement withdrawal question
Replies: 28
Views: 2568

Re: Newbie with retirement withdrawal question

\jj, Thanks so much for taking the time to write this detailed response and provide your perspective! I tried to send this as a private message, but it wouldn't send as far as I could tell. You are almost right on on all the numbers you had to surmise/estimate: I do have about 130 K taxable in CDs, ...
by danceswithhammer
Sun Feb 10, 2019 1:21 pm
Forum: Personal Investments
Topic: Newbie with retirement withdrawal question
Replies: 28
Views: 2568

Re: Newbie with retirement withdrawal question

Thanks for you attention Ben. Other members have expressed your same sentiment, and I am all for simplicity. I certainly don't want to "play the market" . What do you advise to hedge against sequence risk in early retirement.? I could just step back, never look at anything except total portfolio val...
by danceswithhammer
Sun Feb 10, 2019 11:58 am
Forum: Personal Investments
Topic: Newbie with retirement withdrawal question
Replies: 28
Views: 2568

Re: Newbie with retirement withdrawal question

thanks for your kind attention BL, Wizard, and Peter! 1. Wizard: I am waiting to file my SS claim until Oct 2020, in the meantime collection 9K survivor's claim, to be replaced by 33K claim. I will need a lot less from my portfolio after SS kicks in.. I also have RMD's of about 4K yr to kick in 2021...
by danceswithhammer
Fri Feb 08, 2019 2:10 am
Forum: Personal Investments
Topic: Newbie with retirement withdrawal question
Replies: 28
Views: 2568

Re: Newbie with retirement withdrawal question

BL, Thanks for your further input. I using two different LS funds (growth and Moderate) to get my desired AA, along with enough cash in one year CD's I can rollover, and a substantial amount in Vanguard prime MM . As mentioned in one of the earlier parts of this post, I do have five years worth of c...
by danceswithhammer
Wed Feb 06, 2019 2:31 pm
Forum: Personal Investments
Topic: Newbie with retirement withdrawal question
Replies: 28
Views: 2568

Re: Newbie with retirement withdrawal question

BL, Thanks for your attention and response to my post. I do see that it is advantageous for me to avoid selling equities this year to avoid short term capital gain, and that using some of the cash i am investing using DCA over 6 months (four payments to go) for living expenses this year is in order....
by danceswithhammer
Tue Feb 05, 2019 6:10 pm
Forum: Personal Investments
Topic: Newbie with retirement withdrawal question
Replies: 28
Views: 2568

Re: Newbie with retirement withdrawal question

Bloom, Thanks again for your input. I can see that controlling taxation is a bigger factor than I had imagined, and have understood that selling with the least capital gain is highly preferable . I also like the inherent simplicity of your advice: only sell when you need the money, and what matters ...
by danceswithhammer
Tue Feb 05, 2019 4:18 pm
Forum: Personal Investments
Topic: Newbie with retirement withdrawal question
Replies: 28
Views: 2568

Re: Newbie with retirement withdrawal question

Thanks Peter and Bloom, Thanks for taking the time to offer your advice. I have been having div/cg deposited to my settlement account. I can also see that it is better to not to sell my LIfeStrategy shares before all other sources of income are exhausted each year, to be invested as much as possible...
by danceswithhammer
Mon Feb 04, 2019 2:51 pm
Forum: Personal Investments
Topic: Newbie with retirement withdrawal question
Replies: 28
Views: 2568

Newbie with retirement withdrawal question

I thank the community for their generosity every day! I have a question regarding retirement withdrawals. I have posted my assets in portfolio question form in August, so I am not doing it again here. Briefly, I finally wrote my IPS in December, and have an AA of 45 equity/55 fixed, total portfolio ...
by danceswithhammer
Wed Dec 12, 2018 3:35 pm
Forum: Personal Investments
Topic: [Bond returns are currently negative. Why should I buy bonds now?]
Replies: 19
Views: 2910

Re: [Bond returns are currently negative. Why should I buy bonds now?]

I think you may need to start your thinking at a different point. The two most basic investment classes are bonds and stocks. By buying bonds you loan money to government, government agencies, large corporations, and other large institutions, which repay the loan with interest within a specified ti...
by danceswithhammer
Mon Nov 19, 2018 5:32 pm
Forum: Personal Investments
Topic: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing
Replies: 24
Views: 3732

Re: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing

Taylor, Thanks for responding again to my query about your opinion of another respondent to my post, Edward Joseph, who described the plan he has set up for his parents, who are about my age of 68. His plan of "increasing equity glide path", which I have just learned about from him for the first tim...
by danceswithhammer
Mon Nov 19, 2018 4:49 pm
Forum: Personal Investments
Topic: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing
Replies: 24
Views: 3732

Re: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing

Dandy,
Thanks for your time and ideas for me to consider with these decisions!

Danceswithhammer
by danceswithhammer
Mon Nov 19, 2018 12:27 am
Forum: Personal Investments
Topic: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing
Replies: 24
Views: 3732

Re: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing

Taylor, I am honored you took time to respond to my post, with two of your books on my shelf(!) I have learned a lot from you, Jack Bogle and many members of the Boglehead community. If you have the time and patience, I would be interested in your perspective/suggestions on the response to my post b...
by danceswithhammer
Mon Nov 19, 2018 12:17 am
Forum: Personal Investments
Topic: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing
Replies: 24
Views: 3732

Re: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing

Edward Joseph, Thank you so much for your time for responding to my post. I will spend some time studying the plan for your parents, and learning about the "increasing equity glide path", new topic for me. I really appreciate your input! I will keep you posted on what happens with my decision. Dance...
by danceswithhammer
Sun Nov 18, 2018 4:37 pm
Forum: Personal Investments
Topic: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing
Replies: 24
Views: 3732

Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing

Bogleheads, After two years of contemplation, information ,and advice from mostly Boglehead choir sources, I am trying to make a decision between placing my retirement nest egg (age 68) at my decided present allocation decision of 45% equity/55% fixed income in either Vanguard Target Retirement or L...
by danceswithhammer
Tue Aug 07, 2018 5:23 pm
Forum: Personal Investments
Topic: Newbie quick questions about risk
Replies: 13
Views: 835

Re: Newbie quick questions about risk

May I take another position ... What about the dreaded "Sequence of Returns" when first entering retirement and beginning withdrawls for income? The risk of receiving negative returns early after entering into retirement when withdrawals are made from a portfolio could be very detrimental if one we...
by danceswithhammer
Tue Aug 07, 2018 5:17 pm
Forum: Personal Investments
Topic: Newbie quick questions about risk
Replies: 13
Views: 835

Re: Newbie quick questions about risk

May I take another position ... What about the dreaded "Sequence of Returns" when first entering retirement and beginning withdrawls for income? The risk of receiving negative returns early after entering into retirement when withdrawals are made from a portfolio could be very detrimental if one we...
by danceswithhammer
Mon Aug 06, 2018 1:53 pm
Forum: Personal Investments
Topic: Newbie quick questions about risk
Replies: 13
Views: 835

Re: Newbie quick questions about risk

[quote=delamer post_id=4055419 time=<a href="tel:1533574553">1533574553</a> user_id=24124] You should read this about missing “up days” in the market: https://www.businessinsider.com/cost-of-missing-10-best-days-in-sp-500-2015-3 I sm surprised that you were not able to find any threads on investing...
by danceswithhammer
Mon Aug 06, 2018 1:45 pm
Forum: Personal Investments
Topic: Newbie quick questions about risk
Replies: 13
Views: 835

Re: Newbie quick questions about risk

You should read this about missing “up days” in the market: https://www.businessinsider.com/cost-of-missing-10-best-days-in-sp-500-2015-3 I sm surprised that you were not able to find any threads on investing given the current market conditions, because there have been quite a few of them — some as...
by danceswithhammer
Mon Aug 06, 2018 1:33 pm
Forum: Personal Investments
Topic: Newbie quick questions about risk
Replies: 13
Views: 835

Re: Newbie quick questions about risk

1. Is this time as safe as any to enter the market full tilt right away with a 60/40 portfolio of index funds ( typical bogleheads 2-3 fund was described in my post) ? Yes, in my opinion. There has never been a 20 year period in history when a 40%stock/60%bond portfolio had an average return below ...
by danceswithhammer
Mon Aug 06, 2018 10:28 am
Forum: Personal Investments
Topic: Newbie quick questions about risk
Replies: 13
Views: 835

Newbie quick questions about risk

Last week I posted a formal rough draft of a 3 fund portfolio to place my entire retirement nest egg as asoon as possible. Since then I have come up with three more personal investment questions of more general nature that I would like to get input on. 1. As a new retirement investor, I am concerned...
by danceswithhammer
Sun Aug 05, 2018 11:09 am
Forum: Personal Investments
Topic: Help with My Draft Retirement Investment Plan please!
Replies: 8
Views: 1019

Re: Help with My Draft Retirement Investment Plan please!

8. Retirement income needs: I need $42 K year for household and travel expense at minimum, not including taxes, with %5 inflation raise yearly to keep up with local inflation (my property taxes went up 18% in 2018, for example). This $42 K does not allow for high medical expenses, so I may end up h...
by danceswithhammer
Sun Aug 05, 2018 10:58 am
Forum: Personal Investments
Topic: Help with My Draft Retirement Investment Plan please!
Replies: 8
Views: 1019

Re: Help with My Draft Retirement Investment Plan please!

On the RMD question, please note that when people talk about trying to avoid RMDs, it is usually because they will be very large because IRAs make up a huge percentage of someone's retirement portfolio, and if they don't need the money to spend right away, they don't want to pay taxes on it just to...
by danceswithhammer
Thu Aug 02, 2018 10:05 pm
Forum: Personal Investments
Topic: Help with My Draft Retirement Investment Plan please!
Replies: 8
Views: 1019

Re: Help with My Draft Retirement Investment Plan please!

+1 Bloom2708 You are doing fine. You can manage this yourself. One tool I use that may be helpful is the calculator at www.I-ORP.com This website has a simple version, just one page and gives you an idea of how it works. Then, select the Extended version, answer a few more questions than before and...
by danceswithhammer
Thu Aug 02, 2018 9:48 pm
Forum: Personal Investments
Topic: Help with My Draft Retirement Investment Plan please!
Replies: 8
Views: 1019

Re: Help with My Draft Retirement Investment Plan please!

You don't call out a lot of questions. Just some observations and statements. You can do it yourself. No need for advisor fees. The 3 fund works exceptionally well. You don't list your cash outside of the IRA, but here is the general idea: Cash - Enough for 1 to 2 years of expenses. Just a guidelin...
by danceswithhammer
Wed Aug 01, 2018 7:55 pm
Forum: Personal Investments
Topic: Admiral Fund or ETF for 3-Fund?
Replies: 31
Views: 2424

Re: Admiral Fund or ETF for 3-Fund?

I am new to investing and retirement planning. Yesterday I was given advice by a financial advisor that ETF's in general have definite advantages to regular fund shares due to tax advantages. Can anyone speak to this issue? I was referred to the website called iShares to learn more about ETFs, whic...
by danceswithhammer
Wed Aug 01, 2018 7:53 pm
Forum: Personal Investments
Topic: Admiral Fund or ETF for 3-Fund?
Replies: 31
Views: 2424

Re: Admiral Fund or ETF for 3-Fund?

I am new to investing and retirement planning. Yesterday I was given advice by a financial advisor that ETF's in general have definite advantages to regular fund shares due to tax advantages. Can anyone speak to this issue? I was referred to the website called iShares to learn more about ETFs, whic...
by danceswithhammer
Wed Aug 01, 2018 7:15 pm
Forum: Personal Investments
Topic: Help with My Draft Retirement Investment Plan please!
Replies: 8
Views: 1019

Help with My Draft Retirement Investment Plan please!

New Questions to add to my recent post below: As a new retirement investor, I am concerned about the placement of my entire investment in a 60bond/ 40 stock AA with Vanguard Total market index funds in light of the seemingly volatile economic conditions presently themselves now at the end of a ten y...
by danceswithhammer
Thu Jul 26, 2018 11:20 pm
Forum: Personal Investments
Topic: investment advisor advice [Seattle area]
Replies: 4
Views: 597

Re: investment advisor advice [Seattle area]

I have read several of the recommended books, and feel like I could still benefit from professional one on one investment advice before I invest most of my retirement fund over the remaining months of the year (I plan to move cautiously). From what I have learned about the costs of investing, I wou...
by danceswithhammer
Thu Jul 26, 2018 6:11 pm
Forum: Personal Investments
Topic: Admiral Fund or ETF for 3-Fund?
Replies: 31
Views: 2424

Re: Admiral Fund or ETF for 3-Fund?

I am new to investing and retirement planning. Yesterday I was given advice by a financial advisor that ETF's in general have definite advantages to regular fund shares due to tax advantages. Can anyone speak to this issue? I was referred to the website called iShares to learn more about ETFs, which...
by danceswithhammer
Thu Jul 26, 2018 5:52 pm
Forum: Personal Investments
Topic: investment advisor advice [Seattle area]
Replies: 4
Views: 597

investment advisor advice [Seattle area]

This is my first post on Bogleheads.org, after many hours of productive learning on the site! I have read several of the recommended books, and feel like I could still benefit from professional one on one investment advice before I invest most of my retirement fund over the remaining months of the y...