Search found 98 matches

by NBKCF
Mon Oct 14, 2019 8:11 pm
Forum: Personal Investments
Topic: How do you calculate your return?
Replies: 5
Views: 607

How do you calculate your return?

I am curious how you all calculate your returns. For instance: Say I deposit $100 this week into an account with $1,000 The following week my account is $1,090, is that a 9% increase or a 0.9% decrease? I track my investments weekly (I know, I like the exercise) and want to know if the deposits shou...
by NBKCF
Thu Jul 18, 2019 11:01 am
Forum: Personal Consumer Issues
Topic: Apple Watch Worth The $$$?
Replies: 41
Views: 4120

Re: Apple Watch Worth The $$$?

OP, Heed the advice of others. If you buy it with the intention of returning it you will keep it. I was hesitant to buy one and now I will likely not go without it. I enjoy being able to see notifications as they come through and only responding to the urgent ones. Series 4 has “raise to talk” so wh...
by NBKCF
Fri Jul 12, 2019 2:09 pm
Forum: Personal Consumer Issues
Topic: Should I Buy a Motorcycle?
Replies: 59
Views: 3443

Re: Should I Buy a Motorcycle?

One day I had a friend tell me there were two kinds of motorcyclists; those who had crashed, and those who were going to. I laughed it off. After all, I’d been riding since a very young age, rode responsibly and really felt it wouldn’t happen to me. Then one day, I had a car turn left in front of m...
by NBKCF
Fri Jul 12, 2019 6:36 am
Forum: Personal Consumer Issues
Topic: Should I Buy a Motorcycle?
Replies: 59
Views: 3443

Re: Should I Buy a Motorcycle?

First motorcycle/riding? If so, consider used if you have to scratch the itch. Cheaper and less financial impact. Be sure to review insurance rates too in your area. They can be shocking.

My vote is now is not the time.
by NBKCF
Wed Jul 10, 2019 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal Math Verification Needed
Replies: 20
Views: 1926

Re: Retirement Withdrawal Math Verification Needed

IMHO at your age you are far from needing to think about the question you have asked. You can't even know you will have that much capital by that age let alone how long it will last. Right now just think about stashing as much as you can into various retirement plans and an appropriate asset alloca...
by NBKCF
Wed Jul 10, 2019 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal Math Verification Needed
Replies: 20
Views: 1926

Re: Retirement Withdrawal Math Verification Needed

In the original post NBKCF mentions "80-90%" bonds in retirement. Not sure where you are at right now in asset allocation, but you have 20 years or so to get to terms with the idea that a higher allocation to equity might be a good idea, even in retirement. Posters here seem to top out at about 70%...
by NBKCF
Wed Jul 10, 2019 12:41 pm
Forum: US Chapters
Topic: Greenville, SC Bogleheads - Who's Interested?
Replies: 20
Views: 4316

Re: Greenville, SC Bogleheads - Who's Interested?

I wonder how many have to be interested to form an official group?
by NBKCF
Wed Jul 10, 2019 8:45 am
Forum: US Chapters
Topic: Greenville, SC Bogleheads - Who's Interested?
Replies: 20
Views: 4316

Re: Greenville, SC Bogleheads - Who's Interested?

Bump for visibility. Interested in local meetings.
by NBKCF
Tue Jul 09, 2019 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal Math Verification Needed
Replies: 20
Views: 1926

Re: Retirement Withdrawal Math Verification Needed

Assume retirement account earns 3% annually Assume inflation is 2.1% annually These two assumptions are fundamentally flawed unless you have investments that have no variability. In the real world both returns and inflation vary from year to year and the average return does not predict what your ac...
by NBKCF
Tue Jul 09, 2019 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal Math Verification Needed
Replies: 20
Views: 1926

Re: Retirement Withdrawal Math Verification Needed

$2.5M is cash gives your 50 years of $50K withdrawals -- you are good to 115! (not factoring increased withdrawals due match inflation) in general 2% inflation adjusted withdrawal rate of portfolio assuming at least a 30-40% stock position -- is widely considered bullet proof to not run out of mone...
by NBKCF
Tue Jul 09, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal Math Verification Needed
Replies: 20
Views: 1926

Re: Retirement Withdrawal Math Verification Needed

user9532 wrote:
Tue Jul 09, 2019 10:12 am
Your portfolio will last roughly 68 years assuming

- Portfolio value when you start your withdrawal is $2.5M
- The first year you will withdraw $50,000, thereafter 50K adjusted for inflation at 2.1%/year
- Your portfolio balance grows at 3% annually.
Sorry for the confusion, $50k present value.
by NBKCF
Tue Jul 09, 2019 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal Math Verification Needed
Replies: 20
Views: 1926

Re: Retirement Withdrawal Math Verification Needed

Sorry folks! I meant a present value of $50k! So a future equivalent to that value. I will edit my initial post.
by NBKCF
Tue Jul 09, 2019 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal Math Verification Needed
Replies: 20
Views: 1926

Re: Retirement Withdrawal Math Verification Needed

At retirement age 65, you will have 50x saved if you have a retirement portfolio of $2.5 million (future value) and withdrawals of $50k (future value). With your projected annual earnings (modestly) exceeding projected annual inflation, at a high level review it doesn’t make sense that your portfol...
by NBKCF
Tue Jul 09, 2019 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal Math Verification Needed
Replies: 20
Views: 1926

Re: Retirement Withdrawal Math Verification Needed

Is 2.5M also future value? Is 3% annual return nominal or real? 2.5MM is future (I think). That is the value I get after contributing until 65 years old assuming a 5% annual return. 3% is real. My calculations take $50K and convert it to a future value and withdrawal that amount from the portfolio....
by NBKCF
Tue Jul 09, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal Math Verification Needed
Replies: 20
Views: 1926

Retirement Withdrawal Math Verification Needed

Can someone check my calculations? I am trying to calculate how long my theoretical retirement account would last into retirement. The scenario I created: Retire at 65 (33 years from now) Account value when first withdrawal made $2.5MM Withdrawal rate of $50,000/year present value Assume retirement ...
by NBKCF
Thu Jun 27, 2019 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: RMD with 401k and Roth IRA
Replies: 8
Views: 764

Re: RMD with 401k and Roth IRA

My retirement plan consists of a 401k and a Roth IRA. Does this mean you have a pretax 401k and a Roth 401k in an employment retirement plan? Or does this mean your personal retirement planning includes an employer pretax 401k and your own Roth IRA? Please clarify. Sorry. My retirement plan (i.e. p...
by NBKCF
Wed Jun 26, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: RMD with 401k and Roth IRA
Replies: 8
Views: 764

RMD with 401k and Roth IRA

I am struggling to fully understand RMD’s with my situation and hoping someone else’s explanations will help. My retirement plan consists of a 401k and a Roth IRA. My understanding is I will not be subject to an RMD on the Roth, but I will on the 401k. Is that correct? Also, does RMD start at 67 or ...
by NBKCF
Sat Jun 22, 2019 6:45 pm
Forum: Personal Consumer Issues
Topic: Extend MacBook Battery Life by plugging in as much as possible?
Replies: 49
Views: 4005

Re: Extend MacBook Battery Life by plugging in as much as possible?

OP, anytime your MacBook is plugged in and at 100% the battery will be bypassed (i.e. saving battery cycle counts). This can be confirmed by clicking on the battery icon in to top menu and noticing it will read AC power as the source. That is my question. If you simply leave a MacBook Pro plugged i...
by NBKCF
Fri Jun 21, 2019 10:02 pm
Forum: Personal Consumer Issues
Topic: Extend MacBook Battery Life by plugging in as much as possible?
Replies: 49
Views: 4005

Re: Extend MacBook Battery Life by plugging in as much as possible?

OP, anytime your MacBook is plugged in and at 100% the battery will be bypassed (i.e. saving battery cycle counts). This can be confirmed by clicking on the battery icon in to top menu and noticing it will read AC power as the source. That is my question. If you simply leave a MacBook Pro plugged i...
by NBKCF
Mon Jun 17, 2019 9:36 pm
Forum: Personal Consumer Issues
Topic: Extend MacBook Battery Life by plugging in as much as possible?
Replies: 49
Views: 4005

Re: Extend MacBook Battery Life by plugging in as much as possible?

OP, anytime your MacBook is plugged in and at 100% the battery will be bypassed (i.e. saving battery cycle counts). This can be confirmed by clicking on the battery icon in to top menu and noticing it will read AC power as the source. MY first battery was replaced after around 750 cycles, I think. I...
by NBKCF
Thu May 02, 2019 8:01 pm
Forum: Personal Investments
Topic: Learn from my Newbie Mistake as a Recent Bogleheads
Replies: 16
Views: 2650

Re: Learn from my Newbie Mistake as a Recent Bogleheads

I'm not familiar with the Fidelity online user interface. But with Vanguard, when I want to move $500 from my linked checking account to Vanguard, I have to select where I want it to go. First is which of three accounts: taxable, tIRA, or Roth IRA. Second is which FUND within the selected account. ...
by NBKCF
Thu May 02, 2019 8:00 pm
Forum: Personal Investments
Topic: Learn from my Newbie Mistake as a Recent Bogleheads
Replies: 16
Views: 2650

Re: Learn from my Newbie Mistake as a Recent Bogleheads

Thanks for the info, it may help someone else from making the same mistake!! Online and auto invest are easy, but not simple. You may be helping others with your story. VW Maybe one lesson here is not to rely solely on online tools, especially when doing something new. Pick up the phone and talk to...
by NBKCF
Thu May 02, 2019 8:20 am
Forum: Personal Investments
Topic: Learn from my Newbie Mistake as a Recent Bogleheads
Replies: 16
Views: 2650

Re: Learn from my Newbie Mistake as a Recent Bogleheads

If it makes you feel any better I missed out on 6% gains this year because I did the same thing. And I don't really have an excuse because it isn't my first backdoor Roth. IDK, it's just easy to do. You contribute, wait, convert, and just forget to purchase the fund... because for most of my accoun...
by NBKCF
Thu May 02, 2019 8:17 am
Forum: Personal Investments
Topic: Learn from my Newbie Mistake as a Recent Bogleheads
Replies: 16
Views: 2650

Re: Learn from my Newbie Mistake as a Recent Bogleheads

Thanks for the info, it may help someone else from making the same mistake!! Online and auto invest are easy, but not simple. You may be helping others with your story. VW Maybe one lesson here is not to rely solely on online tools, especially when doing something new. Pick up the phone and talk to...
by NBKCF
Wed May 01, 2019 8:48 pm
Forum: Personal Investments
Topic: Learn from my Newbie Mistake as a Recent Bogleheads
Replies: 16
Views: 2650

Re: Learn from my Newbie Mistake as a Recent Bogleheads

I am a recent Boglehead that opened and began contributing to a Roth IRA through Fidelity. Ok, if you opened a new account but didn't buy funds, then you would have just cash. I rolled over my previous employment’s Roth 401k and bought my index mutual fund. I'm not sure what happened here. Did you ...
by NBKCF
Wed May 01, 2019 8:45 pm
Forum: Personal Investments
Topic: Learn from my Newbie Mistake as a Recent Bogleheads
Replies: 16
Views: 2650

Re: Learn from my Newbie Mistake as a Recent Bogleheads

Thanks for the post and for sharing your story. Don’t be too hard on yourself about this. There’s a learning curve for all of us, and it’s good that you caught it before it went on for years. Hopefully, any lost investment income will be offset many times over by the savings you have from managing ...
by NBKCF
Tue Apr 30, 2019 7:26 am
Forum: Personal Investments
Topic: Learn from my Newbie Mistake as a Recent Bogleheads
Replies: 16
Views: 2650

Learn from my Newbie Mistake as a Recent Bogleheads

I am a recent Boglehead that opened and began contributing to a Roth IRA through Fidelity. I rolled over my previous employment’s Roth 401k and bought my index mutual fund. Throughout 2019 I have contributed to the Roth IRA monthly. HOWEVER, I only just realized that me transferring money to the Rot...
by NBKCF
Thu Apr 11, 2019 10:10 am
Forum: Personal Consumer Issues
Topic: Mac mail malfunctioning - keeps asking for my gmail passwords
Replies: 9
Views: 806

Re: Mac mail malfunctioning - keeps asking for my gmail passwords

Noticed this too after the most recent update. It has not asked again after I restarted the Mac. Give that a try if you haven’t already.
by NBKCF
Mon Apr 01, 2019 9:36 pm
Forum: Personal Investments
Topic: Recent Boglehead Looking for Advice on 2018 Roth IRA Contribution
Replies: 4
Views: 474

Re: Recent Boglehead Looking for Advice on 2018 Roth IRA Contribution

Good thoughts on being able to pull contributions, if needed. I completely overlooked an obvious benefit of a Roth IRA.
by NBKCF
Sat Mar 30, 2019 8:47 pm
Forum: Personal Investments
Topic: Recent Boglehead Looking for Advice on 2018 Roth IRA Contribution
Replies: 4
Views: 474

Recent Boglehead Looking for Advice on 2018 Roth IRA Contribution

Hey Bogleheads, I am looking for some "what would you do" answers here. In 2018, I read as much as I could about the Boglehead philosophy and started to make financial changes to fit my new learnings. My goal was to up my emergency fund and begin contributing to a Roth IRA. Fast forward to now havin...
by NBKCF
Fri Mar 08, 2019 8:48 pm
Forum: Personal Investments
Topic: Dependent care/medical FSA questions for expecting parent
Replies: 3
Views: 246

Re: Dependent care/medical FSA questions for expecting parent

Echoing ExitStageLeft - some employers offer a grace period for DCFSA, so take advantage if you can this year. However, be mindful that DCFSA's generally can't be contributed to unless during open enrollment or at a life changing event (e.g. birth). Unsolicited advice 1: Some hospitals charge everyt...
by NBKCF
Sun Feb 17, 2019 9:41 pm
Forum: Personal Consumer Issues
Topic: Working remotely + lot of vacations
Replies: 25
Views: 3205

Re: Working remotely + lot of vacations

Does this new job give you the means to buy another house? Or are you just looking to have another property in which to work? It seems like juggling properties and organizing renting/Airbnb schedules would be cumbersome unless we are missing some relevant information. My couple of cents, find a hobb...
by NBKCF
Tue Feb 12, 2019 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Explain Unreimbursed Employee Expenses
Replies: 11
Views: 503

Re: Explain Unreimbursed Employee Expenses

Why would you be able to deduct the remaining cell phone bill unless the phone is used only for work? 80% already sounds like a generous reimbursement for a personal phone just used for company email. In the past these would have been considered miscellaneous deductions of some kind and you would n...
by NBKCF
Tue Feb 12, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Explain Unreimbursed Employee Expenses
Replies: 11
Views: 503

Re: Explain Unreimbursed Employee Expenses

livesoft wrote:
Tue Feb 12, 2019 10:06 am
No longer available with change in tax laws.
Thanks. Do you know of a way to get reimbursed for the difference in mileage?
by NBKCF
Tue Feb 12, 2019 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Explain Unreimbursed Employee Expenses
Replies: 11
Views: 503

Explain Unreimbursed Employee Expenses

Hey Bogleheads, SO gets reimbursed $0.50/mile and ~80% of personal cell phone bill to use for company email. We were under the impression we could claim the difference between the government mileage rate and what the company didn’t reimburse. Same with the remaining cell phone bill. Is this no longe...
by NBKCF
Sat Feb 09, 2019 9:58 pm
Forum: Personal Consumer Issues
Topic: Recommendation for home gym (limited space)
Replies: 78
Views: 6860

Re: Recommendation for home gym (limited space)

I have a small excersise room in my basement that already has an elliptical. I also need something for weight training, preferably a home gym. All the ones I’ve looked at won’t fit comfortably into this space. I may just have to do sit-ups, push-ups, and use some free weights with a small bench. Wo...
by NBKCF
Sat Feb 09, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Future value of retirement savings & contributions
Replies: 13
Views: 1341

Re: Future value of retirement savings & contributions

Can I leverage some of your knowledge to help with some calculations? This is mainly a sanity check because I can't seem to get the same results from all the retirement calculators available online. I want to know how much my retirement account will be worth given the following: Current balance: $9...
by NBKCF
Sat Feb 09, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Future value of retirement savings & contributions
Replies: 13
Views: 1341

Re: Future value of retirement savings & contributions

Perfect! That's exactly what I was after. Thank you. So, it is safe to assume my accounts will be worth ~$1.9MM with my above criteria, correct? In addition to the other comments, I assume you are keeping in mind that those are current year dollars, and that they'll be worth significantly less in 3...
by NBKCF
Thu Feb 07, 2019 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Future value of retirement savings & contributions
Replies: 13
Views: 1341

Re: Future value of retirement savings & contributions

Can I leverage some of your knowledge to help with some calculations? This is mainly a sanity check because I can't seem to get the same results from all the retirement calculators available online. I want to know how much my retirement account will be worth given the following: Current balance: $9...
by NBKCF
Thu Feb 07, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Future value of retirement savings & contributions
Replies: 13
Views: 1341

Re: Future value of retirement savings & contributions

Can I leverage some of your knowledge to help with some calculations? This is mainly a sanity check because I can't seem to get the same results from all the retirement calculators available online. I want to know how much my retirement account will be worth given the following: Current balance: $9...
by NBKCF
Thu Feb 07, 2019 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Future value of retirement savings & contributions
Replies: 13
Views: 1341

Future value of retirement savings & contributions

Can I leverage some of your knowledge to help with some calculations? This is mainly a sanity check because I can't seem to get the same results from all the retirement calculators available online. I want to know how much my retirement account will be worth given the following: Current balance: $92...
by NBKCF
Wed Jan 23, 2019 10:18 pm
Forum: Personal Investments
Topic: Help Converting t401k to Roth IRA
Replies: 15
Views: 1305

Re: Help Converting t401k to Roth IRA

I don't have all the options, but it is currently in John Hancock 2055 target with a 0.19 ER. This is a very good option. You may be "over expecting" what makes a 401k have "good options". Rather than convert the $22k at 24%, I would roll it into this 401k plan if it accepts inbound rollovers. You'...
by NBKCF
Wed Jan 23, 2019 10:17 pm
Forum: Personal Investments
Topic: Help Converting t401k to Roth IRA
Replies: 15
Views: 1305

Re: Help Converting t401k to Roth IRA

0.19 ER is quite excellent, why not leave the money where it is? You are aware that if you leave an employer, they cannot really compel you to take your 401k with you, IF the balnce is greater than $5000? That is an IRS rule. Generally, 401(k) plans have much stronger ERISA protections that are uni...
by NBKCF
Mon Jan 21, 2019 7:21 pm
Forum: Personal Investments
Topic: Help Converting t401k to Roth IRA
Replies: 15
Views: 1305

Re: Help Converting t401k to Roth IRA

0.19 ER is quite excellent, why not leave the money where it is? You are aware that if you leave an employer, they cannot really compel you to take your 401k with you, IF the balnce is greater than $5000? That is an IRS rule. Generally, 401(k) plans have much stronger ERISA protections that are uni...
by NBKCF
Sun Jan 20, 2019 8:32 pm
Forum: Personal Investments
Topic: Help Converting t401k to Roth IRA
Replies: 15
Views: 1305

Re: Help Converting t401k to Roth IRA

Anytime you convert an IRA from Traditional to a Roth the amount you convert becomes taxable income. So the decision to convert is dependent on how long you have to allow your IRA to grow and at what tax rate you will be in when you cash the IRA. If you have a relatively long time before you need t...
by NBKCF
Sun Jan 20, 2019 8:31 pm
Forum: Personal Investments
Topic: Help Converting t401k to Roth IRA
Replies: 15
Views: 1305

Re: Help Converting t401k to Roth IRA

My SO has ~$22,000 in 401k's from previous employers that we are looking to rollover to a Fidelity Roth IRA. Is this person a significant other or a spouse? When it comes to taxes, there is a very big difference. Why roll to Roth instead of traditional? Spouse, yes. Sorry about that. I don't have a...
by NBKCF
Sun Jan 20, 2019 8:26 am
Forum: Personal Investments
Topic: Help Converting t401k to Roth IRA
Replies: 15
Views: 1305

Help Converting t401k to Roth IRA

Hey Bogleheads, My SO has ~$22,000 in 401k's from previous employers that we are looking to rollover to a Fidelity Roth IRA. A few questions: Is it best to covert the traditional portion to Roth and then transfer to Fidelity? Or would it be better to rollover to a Fidelity Traditional IRA and Roth I...
by NBKCF
Fri Jan 04, 2019 11:32 am
Forum: Personal Investments
Topic: FSTVX or FZROX
Replies: 21
Views: 3447

Re: FSTVX or FZROX

On 8/6, I split my FSTVX potion in 2. Half staying in FSTVX (which became FSKAX) and half in FZROX. Why? I saw it as a low risk to see how the new zero fund (with cool theme music) would do. As of yesterday: FSKAX: $289,358.55 FZROX: $289,406.83 These are in a tIRA, so I won't see any tax treatment...
by NBKCF
Fri Jan 04, 2019 8:18 am
Forum: Personal Investments
Topic: FSTVX or FZROX
Replies: 21
Views: 3447

Re: FSTVX or FZROX

Thank you all for the very detailed responses and comparison between the funds. Seeing it laid out eases my mind with my choice since it ultimately doesn’t matter. I can’t believe I missed the FSKAX announcement. :oops:
by NBKCF
Thu Jan 03, 2019 10:13 pm
Forum: Personal Investments
Topic: FSTVX or FZROX
Replies: 21
Views: 3447

Re: FSTVX or FZROX

Is FSTVX no more? This is the first I am hearing of FSKAX.