Search found 62 matches

by TheEleven
Mon Nov 25, 2019 1:15 am
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 263
Views: 70390

Re: A Returns Spreadsheet for Bogleheads

Just came across this spreadsheet - thanks longinvest! I know very little about spreadsheets, but I was able to zero out all the numbers in the original and put my latest balances in three different accounts on the last date available. So I can track from here on out - don't want to go in and backfi...
by TheEleven
Sat Nov 23, 2019 9:33 pm
Forum: Investing - Theory, News & General
Topic: Benefits of High-Yield Bonds
Replies: 71
Views: 5075

Re: Benefits of High-Yield Bonds

Early today, as a result of something I read in one of Bogle's books, I was looking at trying to juice my bond allocation with a high yield component to get a little more return yet still have the bond characteristic. After a while of research it just seemed to me that high yield bond funds are so c...
by TheEleven
Tue Nov 19, 2019 1:55 am
Forum: Personal Investments
Topic: Thanks to Bogleheads for saving me $$$
Replies: 6
Views: 2158

Thanks to Bogleheads for saving me $$$

Hey, I just wanted to shout out a thanks to the Bogleheads here in general. I'm a noobie here and relative to most people here always will be. A while back I posed a rookie question about trying to optimize the way I'm investing in my accounts given that one of them, my current 401k, has a pretty hi...
by TheEleven
Wed Nov 06, 2019 12:59 am
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 342
Views: 25598

Re: Will we be OK at 3% WR?

Honest question: FIRECalc shows a 95% success rate for drawing 35K on a 1M initial balance (3.5%) for 45 years. That's with a 60/40 portfolio and keeping up with 2.5%/yr for inflation. I'm not understanding the much lower SWR some people are talking about???
by TheEleven
Mon Nov 04, 2019 10:37 pm
Forum: Personal Investments
Topic: Are CDs worth investing in these days?
Replies: 3
Views: 1167

Are CDs worth investing in these days?

Literally asking for a friend. She's trying to figure out various options for her different "buckets" you might say. She was wondering about CDs and I told her some of the basics about them and about CD ladders and such. But when we looked at rates I couldn't find a reason to put any money in them r...
by TheEleven
Sun Nov 03, 2019 8:53 pm
Forum: Personal Investments
Topic: Should I pay taxes now or higher fees on part of my retirement contributions?
Replies: 16
Views: 784

Re: Should I pay taxes now or higher fees on part of my retirement contributions?

With your total savings in tax deferred accounts and a good chance you will be in the 25% bracket in retirement, consider contributing $19k to the 401k to receive full employer match and contributing $7k to a Roth IRA. This split will give you some diversity for tax purposes. If you decide to use a...
by TheEleven
Sun Nov 03, 2019 8:40 pm
Forum: Personal Investments
Topic: Should I pay taxes now or higher fees on part of my retirement contributions?
Replies: 16
Views: 784

Re: Should I pay taxes now or higher fees on part of my retirement contributions?

Without crunching the numbers, I'd say that the 401k is probably still superior because you can roll it over to a traditional IRA after you retire and dramatically reduce your expenses. Paying 31% tax now on Roth contributions is not likely to be the better move unless you've already got a lot in t...
by TheEleven
Sun Nov 03, 2019 8:29 pm
Forum: Personal Investments
Topic: Should I pay taxes now or higher fees on part of my retirement contributions?
Replies: 16
Views: 784

Re: Should I pay taxes now or higher fees on part of my retirement contributions?

Funds now ($490k) are 60/40 Fidelity and 401k indexes. Is your total portfolio $490k? Is 60/40 your equity/bond asset allocation or is 60/40 the split between a Fidelity Taxable account and your 401k? The $490k is the combined amount between accounts. About $185k in this 401k plan and the rest in a...
by TheEleven
Sun Nov 03, 2019 8:23 pm
Forum: Personal Investments
Topic: Should I pay taxes now or higher fees on part of my retirement contributions?
Replies: 16
Views: 784

Re: Should I pay taxes now or higher fees on part of my retirement contributions?

The 10% employer match is a good thing, and would be hard to give up. I suppose it depends on if the 1.1% fee is on the entire account balance, or just the annual contribution(s). If it's on the entire account balance of 490K, that works out to $5,390 per year, which is pretty hefty. However, you d...
by TheEleven
Sun Nov 03, 2019 8:15 pm
Forum: Personal Investments
Topic: Should I pay taxes now or higher fees on part of my retirement contributions?
Replies: 16
Views: 784

Re: Should I pay taxes now or higher fees on part of my retirement contributions?

Have you checked to see if your 401K plan permits in-service withdrawals? Many 401k plans allow in-service withdrawals if you are 59.5 years of age or older. An in-service withdrawal can allow you to transfer some or all of your 401k balance to an IRA. That fee on your 401k is horrendous. I will ch...
by TheEleven
Sun Nov 03, 2019 7:57 pm
Forum: Personal Investments
Topic: Should I pay taxes now or higher fees on part of my retirement contributions?
Replies: 16
Views: 784

Re: Should I pay taxes now or higher fees on part of my retirement contributions?

Yes, those guesses are good. I’m single, my SS will be between 31 to 39k depending on how long I can keep working. It seems to me that I’ll pay more taxes in retirement because a big hunk of my income won’t be tax deferred, so I’ll pay taxes on a higher taxable amount. I’ll only have the standard de...
by TheEleven
Sun Nov 03, 2019 7:17 pm
Forum: Personal Investments
Topic: Should I pay taxes now or higher fees on part of my retirement contributions?
Replies: 16
Views: 784

Should I pay taxes now or higher fees on part of my retirement contributions?

Maybe some tax/math genius can help. I am 60 years old, making $81k for now, will go down to $75k in a few years because of some bonuses I’m getting for a while. Marginal tax bracket is 22%, plus California state tax. Because of 401k tax deferred contributions and standard deduction my taxable incom...
by TheEleven
Sun Nov 03, 2019 4:06 pm
Forum: Personal Investments
Topic: Principal fees ridiculous!
Replies: 32
Views: 3277

Re: Principal fees ridiculous!

I work in a very small company (about a dozen plan participants) and our 401k has a plan fee of 1.1% and the S&P500 index fund ER is 0.1%. So it's 1.2% to be in an index fund. I'de love it to be as low as 0.79%. Not to hijack the thread but does anybody know if a 1.1% plan fee in a tiny company is r...
by TheEleven
Wed Oct 16, 2019 12:14 am
Forum: Investing - Theory, News & General
Topic: How often do you look at your IRA or 401K Balances
Replies: 71
Views: 6116

Re: How often do you look at your IRA or 401K Balances

I go to the gym almost every day to get some cardio in. With so many TV screens there it's virtually impossible to not see the numbers on the financial channels at some point while exercising, even accidentally. I'm mostly in S&P500 index so it's in my face on those screens. So I give up on not chec...
by TheEleven
Tue Oct 15, 2019 11:41 pm
Forum: Personal Investments
Topic: How to handle 5M capital gain (post-IPO)
Replies: 118
Views: 12315

Re: How to handle 5M capital gain (post-IPO)

fluter wrote:
Tue Oct 15, 2019 11:26 pm
I'd appreciate any thoughts on how you would approach this problem.
What problem?
by TheEleven
Thu Sep 26, 2019 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Half of Retirees Afraid to Use Savings
Replies: 111
Views: 13205

Re: Half of Retirees Afraid to Use Savings

Unless you're quite well off in retirement I can see penny pinching. There could be hundreds of thousands in health/long term care issues ahead, you don't just know. You might save and leave a big chunk on the table at death, or you might spend down and end up in a really lousy health care situation...
by TheEleven
Fri Sep 20, 2019 11:01 pm
Forum: Investing - Theory, News & General
Topic: Wade Pfau: Does The 4% Rule Work In Today’s Markets?
Replies: 149
Views: 12461

Re: Wade Pfau: Does The 4% Rule Work In Today’s Markets?

So, when you say 3% (or even worse, 2%), you are stating the next 30 years will be even worse than that, and not a little worse... 3.33% withdrawals gets you 30 years with 0% real return. For it to be lower, you have to start expecting negative growth. For 2% SWR to be true, we'd have to see negati...
by TheEleven
Fri Sep 20, 2019 10:52 pm
Forum: Investing - Theory, News & General
Topic: How do you maximize an IPO purchase?
Replies: 14
Views: 1304

Re: How do you maximize an IPO purchase?

In "What Wall Street Doesn't Want You to Know" Larry Swedroe lists many studies that show what a poor risk IPO's are. You say you're not a stock investor, but if you put much of your capitol into an IPO you might be quite the speculator/gambler. Not saying it can't work out, just saying that you wou...
by TheEleven
Fri Sep 20, 2019 12:32 pm
Forum: Investing - Theory, News & General
Topic: Wade Pfau: Does The 4% Rule Work In Today’s Markets?
Replies: 149
Views: 12461

Re: Wade Pfau: Does The 4% Rule Work In Today’s Markets?

" avoiding risky asses is good advice " Argue all you want but he's not all wrong. Maybe not all wrong, but there need to be many qualifying statements to such an assertion. Avoiding 'risky' assets may be alright if your risk tolerance is very low and you have saved 50x your annual expenses in reti...
by TheEleven
Thu Sep 19, 2019 11:31 pm
Forum: Investing - Theory, News & General
Topic: Wade Pfau: Does The 4% Rule Work In Today’s Markets?
Replies: 149
Views: 12461

Re: Wade Pfau: Does The 4% Rule Work In Today’s Markets?

"avoiding risky asses is good advice"

Argue all you want but he's not all wrong.
by TheEleven
Thu Sep 12, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area budget for $350k family income
Replies: 94
Views: 7867

Re: Bay Area budget for $350k family income

I've lived outside the Bay Area and visited other parts of the country. May be a little off topic here, but as much as I hate the VHCOL here I gotta say the weather in my area is better than any other place I've been or even heard of, outside of maybe some pretty exotic locales. Temps are usually pr...
by TheEleven
Sat Sep 07, 2019 12:38 am
Forum: Personal Investments
Topic: Middle Age people with low savings need to take on more investment risk than is normal?
Replies: 52
Views: 6120

Re: Middle Age people with low savings need to take on more investment risk than is normal?

Although I'm doing better than your friend, I also recently and suddenly woke up to the fact that I am underfunded for my age. Since I am prone to research I started deep diving into all this finance/retirement/Boglehead stuff. But not everyone is inclined to really dive into this stuff. I don't kno...
by TheEleven
Tue Sep 03, 2019 12:16 am
Forum: Investing - Theory, News & General
Topic: Real Estate vs Equities
Replies: 29
Views: 2832

Re: Real Estate vs Equities

rents are inflating here in Southern California at 6% a year, not sure how long this will continue it will revert to mean and overshoot to the downside guaranteed at some point in future. If you buy now, you have to have rock solid financial situation and be prepared to hold house for next 30 years...
by TheEleven
Tue Sep 03, 2019 12:11 am
Forum: Investing - Theory, News & General
Topic: Real Estate vs Equities
Replies: 29
Views: 2832

Re: Real Estate vs Equities

rents are inflating here in Southern California at 6% a year, not sure how long this will continue but with equities returning so little in real terms ( almost zero) it's a concern not having housing costs locked in long term... any other renters in HCOL areas? are you concerned? I'm a renter in No...
by TheEleven
Mon Sep 02, 2019 11:48 pm
Forum: Investing - Theory, News & General
Topic: 3 fund people how are you feeling?
Replies: 112
Views: 13637

Re: 3 fund people how are you feeling?

I only have 2 funds - US stocks/bonds indexes. I feel inadequate.
by TheEleven
Mon Sep 02, 2019 11:33 pm
Forum: Investing - Theory, News & General
Topic: Fidelity: When Zero does not mean free
Replies: 108
Views: 11719

Re: Fidelity: When Zero does not mean free

I don't know about y'all but I am not sleeping or eating (any kind of chicken!) until we get to the bottom of this.
by TheEleven
Mon Sep 02, 2019 12:18 am
Forum: Investing - Theory, News & General
Topic: Fidelity: When Zero does not mean free
Replies: 108
Views: 11719

Re: Fidelity: When Zero does not mean free

The SEC has designated this class of financial product as PDNZ* funds.

*Pretty Darn Near to Zero
by TheEleven
Tue Aug 27, 2019 7:32 pm
Forum: Investing - Theory, News & General
Topic: Best of Bogleheads - your #1 takeaway
Replies: 151
Views: 15729

Re: Best of Bogleheads - your #1 takeaway

That International stocks are... complicated. :happy
by TheEleven
Sat Aug 24, 2019 9:54 pm
Forum: Personal Investments
Topic: Should I wait to reset my AA or would that be market timing?
Replies: 12
Views: 995

Re: Should I wait to reset my AA or would that be market timing?

It's unanimous - do it now! The replies here really brought clarity for me, thanks to everyone who responded!
by TheEleven
Sat Aug 24, 2019 2:37 pm
Forum: Personal Investments
Topic: Should I wait to reset my AA or would that be market timing?
Replies: 12
Views: 995

Should I wait to reset my AA or would that be market timing?

I only recently woke up and started learning about investing at age 60. So first up I realized I needed to rollover some long neglected old employer 401k’s into one place where I’d have better control and much better costs. My investments up until then were randomly (and ignorantly) placed and ignor...
by TheEleven
Tue Aug 20, 2019 11:35 pm
Forum: Personal Investments
Topic: How much does your employer 401k plan charge?
Replies: 43
Views: 2764

Re: How much does your employer 401k plan charge?

I work in a tiny company, just a handful who are in our 401k. The plan charges, on top of the individual ER's for each fund available, a 1.1% plan administration fee that blankets the whole thing. Is this high for a small company 401k plan? I work for a small publicly traded company with a market c...
by TheEleven
Mon Aug 19, 2019 10:58 pm
Forum: Personal Investments
Topic: How much does your employer 401k plan charge?
Replies: 43
Views: 2764

Re: How much does your employer 401k plan charge?

I work in a tiny company, just a handful who are in our 401k. The plan charges, on top of the individual ER's for each fund available, a 1.1% plan administration fee that blankets the whole thing. Is this high for a small company 401k plan? 1.1% of what? Your balance in the plan? From what I unders...
by TheEleven
Mon Aug 19, 2019 7:50 pm
Forum: Personal Investments
Topic: How much does your employer 401k plan charge?
Replies: 43
Views: 2764

How much does your employer 401k plan charge?

I work in a tiny company, just a handful who are in our 401k. The plan charges, on top of the individual ER's for each fund available, a 1.1% plan administration fee that blankets the whole thing. Is this high for a small company 401k plan?
by TheEleven
Sat Aug 17, 2019 12:30 am
Forum: Personal Finance (Not Investing)
Topic: How to define "HCOL" (high cost of living) areas?
Replies: 79
Views: 5135

Re: How to define "HCOL" (high cost of living) areas?

According to the cite provided by H-Town, here are the top 20 cost of living areas in the U.S.... 1. Palo Alto, California 2. Mountain View, California 3. New York City, New York 4. San Francisco, California 5. Honolulu, Hawaii 6. Oakland, California 7. San Jose, California 8. Boston, Massachusetts...
by TheEleven
Fri Aug 09, 2019 12:50 am
Forum: Personal Finance (Not Investing)
Topic: Calculator - how long your money will last?
Replies: 7
Views: 1550

Re: Calculator - how long your money will last?

This one is not a Monte Carlo simulator, it uses scenarios you enter. I think it's pretty useful.

https://www.calcxml.com/calculators/how ... money-last
by TheEleven
Thu Aug 08, 2019 12:24 am
Forum: Personal Finance (Not Investing)
Topic: San Jose (CA) cost of living
Replies: 36
Views: 4195

Re: San Jose (CA) cost of living

I live 10-15 miles from San Jose, so I don't know that specific area as far as renting, but I do work in San Jose. That rent might be a bit dicey. You could do it, but you're probably not in a great place. And housing will only get more expensive before it gets less here, there is a serious shortage...
by TheEleven
Sun Aug 04, 2019 11:57 am
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1559

Re: Should I send new 401k contributions to an equity or bond fund in this late cycle?

Thanks for pointing out this angle - the 1.1% fee, while not good, is not quite as bad for 10 years or less. Yes but it is worse than not paying it at all. I'm saying you do not need to pay it at all because your income is low enough that you can make pre-tax contributions to a traditional IRA. Per...
by TheEleven
Sat Aug 03, 2019 11:22 pm
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1559

Re: Should I send new 401k contributions to an equity or bond fund in this late cycle?

If you have $25k to save and if your plan has those high fees, do not save all your $25k in that bad plan. You can put $7k into tIRA or Roth IRA or a combination of the two. You could save some in taxable as well. I think you might benefit from posting your entire picture in the format we use to he...
by TheEleven
Sat Aug 03, 2019 6:31 pm
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1559

Re: Should I send new 401k contributions to an equity or bond fund in this late cycle?

If you have $25k to save and if your plan has those high fees, do not save all your $25k in that bad plan. You can put $7k into tIRA or Roth IRA or a combination of the two. You could save some in taxable as well. I think you might benefit from posting your entire picture in the format we use to he...
by TheEleven
Sat Aug 03, 2019 5:15 pm
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1559

Re: Should I send new 401k contributions to an equity or bond fund in this late cycle?

If you have $25k to save and if your plan has those high fees, do not save all your $25k in that bad plan. You can put $7k into tIRA or Roth IRA or a combination of the two. You could save some in taxable as well. I think you might benefit from posting your entire picture in the format we use to he...
by TheEleven
Sat Aug 03, 2019 3:46 pm
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1559

Re: Should I send new 401k contributions to an equity or bond fund in this late cycle?

Let's answer the question first. Is the 1% charged on everything or just that one guaranteed fund? If it is for just that one fund, the 3.4% it pays may be after that is taken out. It's for that particular fund. For every other fund in the plan the plan fee is 1.1% on top of the ERs. I'm almost cer...
by TheEleven
Sat Aug 03, 2019 2:43 pm
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1559

Re: Should I send new 401k contributions to an equity or bond fund in this late cycle?

Guaranteed Fund: This mostly bond fund sets a 12 month guaranteed return each quarter. The rate now is 3.4% and the historical return seems to always be about 3.7% each year. The expense ratio of the fund itself is zero, but unfortunately the 401k plan itself takes a 1.0% fee (argh!), so I guess I’...
by TheEleven
Sat Aug 03, 2019 2:24 pm
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1559

Re: Should I send new 401k contributions to an equity or bond fund in this late cycle?

Invest according to your IPS not based on some “market cycle”. By the way, 75/25 seems fairly aggressive for your age. 60/40 would be more reasonable. I'm a noob and still trying to gather my thoughts on what my IPS is. This is all new to me. Glad to have you on this board. I highly recommend readi...
by TheEleven
Sat Aug 03, 2019 2:21 pm
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1559

Re: Should I send new 401k contributions to an equity or bond fund in this late cycle?

No, and not just because no one has any way of knowing where we are in this market cycle. Your asset allocation (i.e. 75/25) should be set at a place that is appropriate regardless of what the "market is doing": it's an evergreen allocation, in other words. I guess that's another part of my situati...
by TheEleven
Sat Aug 03, 2019 2:14 pm
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1559

Re: Should I send new 401k contributions to an equity or bond fund in this late cycle?

Flyer24 wrote:
Sat Aug 03, 2019 2:09 pm
Invest according to your IPS not based on some “market cycle”. By the way, 75/25 seems fairly aggressive for your age. 60/40 would be more reasonable.
I'm a noob and still trying to gather my thoughts on what my IPS is. This is all new to me.
by TheEleven
Sat Aug 03, 2019 1:53 pm
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1559

Should I send new 401k contributions to an equity or bond fund in this late cycle?

Hello Bogleheads! A question about allocation of ongoing contributions from a newbie. I have about $470k currently invested, split between Fidelity IRA’s and a current employer 401k. I’m at 75/25 US stock/bond indexes. That $470k is not near enough at my age - I’ve lived an uninformed financial life...
by TheEleven
Fri Jul 26, 2019 3:16 pm
Forum: Investing - Theory, News & General
Topic: My Fido retirement meeting pushing me to SMA
Replies: 90
Views: 8310

Re: My Fido retirement meeting pushing me to SMA

I feel like some people here are saying some pretty damning things about Fidelity who have never been a Fidelity customer. I went into the exact same kind of initial meeting as the OP did and it started the same way - a fair amount of time just entering things. I was initiating my relationship with ...
by TheEleven
Thu Jul 25, 2019 11:24 pm
Forum: Investing - Theory, News & General
Topic: My Fido retirement meeting pushing me to SMA
Replies: 90
Views: 8310

Re: My Fido retirement meeting pushing me to SMA

I had the same experience with my initial visit with a Fidelity advisor. She tried to get me to look at a similar managed account. ER is 0.90% if you're getting in at the minimum $200k, if I remember. It gets down to 0.3% I think maybe at the million dollar mark. The one I was shown is a fund where ...
by TheEleven
Tue Jul 23, 2019 12:01 am
Forum: Personal Investments
Topic: International Stock question
Replies: 23
Views: 1747

Re: International Stock question

Honestly, every time I start feeling comfortable with a decision an opposing view comes along. It seems like there are two opposing and seemingly valid answers to every question. Yep. I'm a 60 yr old novice trying to figure out how to best deal with my undersized portfolio and I'm frozen right now ...
by TheEleven
Tue Jul 09, 2019 7:50 pm
Forum: Personal Investments
Topic: Should I rollover my Vanguard 401k to my Fidelity 401k?
Replies: 16
Views: 990

Re: Should I rollover my Vanguard 401k to my Fidelity 401k?

Is there a kind of employer 401k plan administration wrapped around those Vanguard funds? Just wondering if there is an overall plan fee associated with the plan beyond just the expense ratios of the funds. If so, surely best to move. Fidelity is great and has some super low cost index funds, great ...