Search found 788 matches

by geerhardusvos
Mon Aug 03, 2020 8:50 pm
Forum: Personal Investments
Topic: Overcoming the fear of an early retirement
Replies: 57
Views: 2842

Re: Overcoming the fear of an early retirement

I'm wondering how others who are considering retiring are handling the current environment. My situation is that I'm in my late 40's and we mathematically have enough to retire early. I say mathematically because if I were to use my current net worth, I'd be at ~3.4%SWR while living my "best life" ...
by geerhardusvos
Mon Aug 03, 2020 8:47 pm
Forum: Personal Investments
Topic: Overcoming the fear of an early retirement
Replies: 57
Views: 2842

Re: Overcoming the fear of an early retirement

whodidntante wrote:
Mon Aug 03, 2020 7:16 pm
dziuniek wrote:
Mon Aug 03, 2020 7:02 pm
Delete facebook. Cancel cable.

Ignorance is bliss :)
Are you certain those actions will breed ignorance? :twisted:
Exactly, it’s cable/media and social media that has made us all ignorant
by geerhardusvos
Mon Aug 03, 2020 8:45 pm
Forum: Personal Investments
Topic: Newbie seeking allocation review
Replies: 2
Views: 141

Re: Newbie seeking allocation review

Newbie here, looking for your advice. I'm 68 and hoping to retire within the next six months. Obviously I'm especially anxious about the social and financial upheavals in our nation right now, because I don't have 30-40 years I can wait before drawing on my investments. Thanks in advance for your h...
by geerhardusvos
Mon Aug 03, 2020 8:10 pm
Forum: Personal Investments
Topic: Portfolio review after house purchase
Replies: 28
Views: 1350

Re: Portfolio review after house purchase

House sounds like a money pit, and I would not have gone through with that. This will take years off of your ability to be financially independent. I would have moved to a nice less expensive area and call it quits in a couple years... you are doing so well, and you are signing up for more! But, an...
by geerhardusvos
Mon Aug 03, 2020 6:06 pm
Forum: Personal Investments
Topic: Portfolio review after house purchase
Replies: 28
Views: 1350

Re: Portfolio review after house purchase

After 3 years of renting since selling my last home, I've gone ahead and made the jump to purchase a home, and we are closing this week. I'm trying to re-evaluate my asset allocation in light of this purchase and would like feedback on my plan. Details 35 years old (sole earner, married, 2 kids), S...
by geerhardusvos
Sun Aug 02, 2020 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Review my portfolio..can I buy a house in 3 years
Replies: 8
Views: 879

Re: Review my portfolio..can I buy a house in 3 years

Emergency funds: 2 year funds. In CDs @ 1-2 % 91k Debt: House mortgage 11 years remaining. 209K remaining. @2.87% Home equity 300k Tax Filing Status: 2020 will be qualifying Widow with 2 dependent children. Tax Rate: 22% now and next year for federal. State is 5.75% State of Residence: Virginia Age...
by geerhardusvos
Sun Aug 02, 2020 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: I was recently given a 14% raise and...
Replies: 31
Views: 3900

Re: I was recently given a 14% raise and...

Apologies for the "humble brag" post, but I learned megacorp is giving me a 14% raise which is set to take effect next month, which will translate to a little under $1k/mo incremental net after taxes. Which surprised me as I know most companies are hoarding cash and furloughing/laying off, so I was...
by geerhardusvos
Sun Aug 02, 2020 6:03 pm
Forum: Personal Investments
Topic: Please Help Vanguard Taxable Account Asset Allocation
Replies: 13
Views: 888

Re: Please Help Vanguard Taxable Account Asset Allocation

Hi, I am here to try to make my asset allocation in our taxable account improved. I would like to focus on the Vanguard allocation in this taxable account here and will provide some background info/thoughts that hopefully are helpful: The reason for the post is to quickly grow, as safely as reasona...
by geerhardusvos
Sat Aug 01, 2020 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: What Options Do i Have ?
Replies: 6
Views: 635

Re: What Options Do i Have ?

Hi was recommended this org. By few people, heard its amazing for people to get good ideas for finical questions. Im an 23 year old, i Dont want to do college because school isn't for me. I have a plan on wanting to buy a Condo, i live in Los angeles,CA. Plan on buying a home in 2-3years need a gui...
by geerhardusvos
Sat Aug 01, 2020 12:16 am
Forum: Personal Investments
Topic: 100k : Need help for investing in equity funds
Replies: 14
Views: 1268

Re: 100k : Need help for investing in equity funds

Hi All, Need advice on choosing right equity funds. 1) Mortgage : $340k @ 3.125, 30 years. No other loan/debt 2) 401K : $20k. Started 1.5 years ago. Just increased to maximum allowed 3) Cash to invest : $100k, sitting in checking/savings accounts 4) Equity mutual funds outside of US in my home coun...
by geerhardusvos
Sat Aug 01, 2020 12:14 am
Forum: Personal Finance (Not Investing)
Topic: Buy this house, or stay put?
Replies: 11
Views: 1107

Re: Buy this house, or stay put?

Long time lurker... Want an opinion from the BH community.. Buy or no? Situation: Married, 2 kids (4, 2), wife pregnant with twins Currently: Live in a 3BR, 2BR, 2000 sq ft. Owe $340K on mortgage, approximately have $200K+ in equity (Zillow would say $255K) Income: Single, wife SAHM, approximately ...
by geerhardusvos
Fri Jul 31, 2020 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a House in Sellers Market?
Replies: 17
Views: 1885

Re: Buying a House in Sellers Market?

I am 38, married, with young kids. We would like to buy a new house. We live in an older house in need of remodeling in a MCOL area. Our current house is worth about $250k and I've paid the mortgage down aggressively to $80k. We are in a good neighborhood, and could make due staying here a little l...
by geerhardusvos
Fri Jul 31, 2020 9:38 pm
Forum: Personal Investments
Topic: $1 million invested over next 20 years; help with AA
Replies: 10
Views: 881

Re: $1 million invested over next 20 years; help with AA

Do you have retirement income besides Social Security after the 20 years? What’s your total net worth? What do you currently spend per year? What do you want to spend in retirement? At first glance, seems like you’ll be fine and I would recommend a 70/30 or 60/40 as higher equity will help you go t...
by geerhardusvos
Fri Jul 31, 2020 9:07 pm
Forum: Personal Investments
Topic: $1 million invested over next 20 years; help with AA
Replies: 10
Views: 881

Re: $1 million invested over next 20 years; help with AA

Hi gang, One of my financial goals is to take $1M from inherited assets (in my taxable brokerage account) and make it last as an income source for me over the next 20 years. I am 47 now. In 20 years is when social security and pension will kick in, and when I plan to start drawing from my Roth, tIR...
by geerhardusvos
Fri Jul 31, 2020 8:59 pm
Forum: Personal Investments
Topic: Four Fund Portfolio
Replies: 3
Views: 664

Re: Four Fund Portfolio

I am currently re-assessing my portfolio. I am interested in doing a 4-fund approach where I will place 70% into Stocks (US/Int'l), 10% in US Bonds, 10% in REITs, and 10% in Gold. I currently have two ETFs: VTEB & MUB. Should I dump the two and get a bond mutual fund (I currently hold VFORX which h...
by geerhardusvos
Fri Jul 31, 2020 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: To rent out, or to sell?
Replies: 20
Views: 1331

Re: To rent out, or to sell?

We just bought a new home. I was very sure I was going to keep the current home and rent it out. But now, I am having second thoughts. This is the data about the house itself: Location: Austin, TX House built: 2005 Purchased for $270k in 2006 Market value (estimated): $480k Mortgage balance: $75k, ...
by geerhardusvos
Fri Jul 31, 2020 8:50 pm
Forum: Personal Investments
Topic: 28 year old with $1.4 million in cash investing for the first time. My thoughts.
Replies: 65
Views: 7763

Re: 28 year old with $1.4 million in cash investing for the first time. My thoughts.

Put all your money in VTSAX tomorrow , and never draw down more than 3% per year and you will be fine. If you need to go back to work for a year or two, that might help significantly make up for not having invested your money five years ago. Then once you have worked another 2 to 5 years, you don’t...
by geerhardusvos
Fri Jul 31, 2020 10:20 am
Forum: Personal Investments
Topic: Is 25 too young for paid off house?!
Replies: 72
Views: 5122

Re: Is 25 too young for paid off house?!

Emergency Fund: 3 months of expenses. Debt: None House is Paid off (65K) Filing Status: married filing jointly Tax Rate: 12% Fedral 9% state State: Iowa Age: 25 wife 27 AA: 100/0 income 50K Right now we have roughly 82K invested between work traditional/Roth 401k and Roth's and HSA I will be invest...
by geerhardusvos
Fri Jul 31, 2020 12:12 am
Forum: Personal Investments
Topic: 28 year old with $1.4 million in cash investing for the first time. My thoughts.
Replies: 65
Views: 7763

Re: 28 year old with $1.4 million in cash investing for the first time. My thoughts.

Hi, I am 28 years old. I have 1,4 million USD in my bank accounts in cash. This is all my net worth. I have no debt. I own nothing. I am single. I I have an important decision to make. Thank you in advance for your help and advice. Put all your money in VTSAX tomorrow , and never draw down more tha...
by geerhardusvos
Fri Jul 31, 2020 12:06 am
Forum: Personal Investments
Topic: Is 25 too young for paid off house?!
Replies: 72
Views: 5122

Re: Is 25 too young for paid off house?!

Emergency Fund: 3 months of expenses. Debt: None House is Paid off (65K) Filing Status: married filing jointly Tax Rate: 12% Fedral 9% state State: Iowa Age: 25 wife 27 AA: 100/0 income 50K Right now we have roughly 82K invested between work traditional/Roth 401k and Roth's and HSA I will be invest...
by geerhardusvos
Thu Jul 30, 2020 3:09 pm
Forum: Personal Investments
Topic: Portfolio Review Request -- looking to retire in 10 years at age 55
Replies: 24
Views: 1644

Re: Portfolio Review Request -- looking to retire in 10 years at age 55

To replace $200,000 a year, you need over $5 million (social Security and pension not considered). Which means you are a third of the way there. If you plan to retire in 10 years, that could be potentially doable if you are saving roughly $300k/year. If you have a lot that can be cut from your expe...
by geerhardusvos
Thu Jul 30, 2020 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: House Sale Proceeds?
Replies: 4
Views: 368

Re: House Sale Proceeds?

My wife and I will be selling our rental home in the next couple of weeks and plan to net around $65,000 from the transaction. We lived in the house from 2012-2019 and then rented it out last year. After a rough year landlording, we decided to put it on the market to simplify our lifestyle. My wife...
by geerhardusvos
Thu Jul 30, 2020 1:12 pm
Forum: Personal Investments
Topic: Portfolio Review Request -- looking to retire in 10 years at age 55
Replies: 24
Views: 1644

Re: Portfolio Review Request -- looking to retire in 10 years at age 55

That is too complex for no apparent reason. Total Stock Market, Total International, and Total Bond would be fine. Total Stock Market would be better than the S&P 500 fund. I had a similar thought, but then decided it was set up this way intentionally so as not to even have to consider wash sales. ...
by geerhardusvos
Thu Jul 30, 2020 12:29 am
Forum: Personal Investments
Topic: High net worth, volatility phobic investor seeking help
Replies: 84
Views: 5731

Re: High net worth, volatility phobic investor seeking help

Vera, 46 years of age, is sitting on a large amount of cash, has been for a while now, but only lately has been getting cold feet about having too many eggs in one basket, i.e. in cash. She has reasoned with herself previously that she'll be able to meet her financial goals even with all that cash....
by geerhardusvos
Tue Jul 28, 2020 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Ready to Buy 1st House. Please help.
Replies: 7
Views: 542

Re: First Time Home Buyer. Need Some Advice.

DW and I are in process of buying our first house. We have looked around and seem to be most interested in purchasing a new-build home in an few up and coming developments in the Tampa, FL area - specifically Odessa/Land-O-Lakes. We are working with a realtor and have started preliminary conversati...
by geerhardusvos
Tue Jul 28, 2020 9:39 am
Forum: Personal Finance (Not Investing)
Topic: FOMO: Gold and Silver -- Buy, Sell, Hold, Waiting for Dip?
Replies: 43
Views: 2302

Re: FOMO: Gold and Silver -- Buy, Sell, Hold, Waiting for Dip?

KlangFool wrote:
Tue Jul 28, 2020 8:08 am
OP,

I don't care.

I am buying some Gold/Silver as insurance towards hyperinflation.

KlangFool
You keep saying “I am buying gold/silver” for the last five months. So did you buy or not?
by geerhardusvos
Mon Jul 27, 2020 9:06 am
Forum: Investing - Theory, News & General
Topic: Asset allocation in retirement
Replies: 26
Views: 2398

Re: Asset allocation in retirement

Interesting article on perpetual withdrawal rates: https://portfoliocharts.com/2016/12/09/perpetual-withdrawal-rates-are-the-runway-to-a-long-retirement/ Higher equity allocations for longer retirement windows helps with portfolio survival: https://i0.wp.com/earlyretirementnow.com/wp-content/uploads...
by geerhardusvos
Mon Jul 27, 2020 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Buying Beach House in New England
Replies: 44
Views: 4062

Re: Buying Beach House in New England

Can we make a sticky thread that just says don’t buy the house?
by geerhardusvos
Mon Jul 27, 2020 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Buying a property in central Florida a good idea or not
Replies: 49
Views: 4207

Re: Buying a property in central Florida a good idea or not

No need to consider: this is a terrible idea. Professional management "may" cut in to revenue??? Uh huh. I don't live in Florida but own a condo there. I don't rent it out and although I briefly considered that, l regained at least a modest degree of sanity and now wouldn't even think about it. Cou...
by geerhardusvos
Sun Jul 26, 2020 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Help with math figuring savings rate from nest egg
Replies: 3
Views: 450

Re: Help with math figuring savings rate from nest egg

I ma trying to figure out theoretical savings rates as a percentage of income based off the final total number instead of "how much I would like to spend each year in retirement". working backwards from a round number like 10 million or 5 million or 1 million, how does one calculate annual savings ...
by geerhardusvos
Sat Jul 25, 2020 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1659
Views: 419736

Re: Share your net worth progression

2010: -180,000 2011: -110,000 2014: 20,000 2015: 110,000 2019: 700,000 Wife quit working at age 27 in 2016 because we started having children. Income has averaged 120k annually between the two of us. Now we are 30 years old and hoping to retire with $2.5M today’s dollars by 2030. Kinda hoping for a...
by geerhardusvos
Sat Jul 25, 2020 3:03 pm
Forum: Personal Investments
Topic: Am I diversified enough?
Replies: 3
Views: 585

Re: Am I diversified enough?

Hey all, First time posting. 35 y/o and make $110K/year and receive $1785 via VA disability (tax exempt). I’ve been lurking for a few weeks now but am finally in a position to invest more, beyond my 401(k) and Roth IRA. I currently invest with my company in a GlidePath 2045 fund, and am currently m...
by geerhardusvos
Sat Jul 25, 2020 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating a Potential Purchase of Property in the Philippines
Replies: 29
Views: 2165

Re: Evaluating a Potential Purchase of Property in the Philippines

I am not sure this is the correct forum for these questions but my wife has presented me with a situation that is putting me in a place where I feel I am out of my depths to properly evaluate. Background: --My wife was born and raised in the Philippines and is now a naturalized U.S. citizen. We hav...
by geerhardusvos
Sat Jul 25, 2020 2:51 pm
Forum: Investing - Theory, News & General
Topic: Jeremy Siegel on MiB Podcast: 60/40 is risky and more
Replies: 146
Views: 16687

Re: Jeremy Siegel on MiB Podcast: 60/40 is risky and more

I'm regularly amused at how easily the maxim "nobody knows nuthin'" gets brushed aside here... Sometimes it's gets pushed back on because it's so over used it becomes illogical. I like "Nobody knows enough". People calculate "expected" returns, but the error bands are so wide, it's basically the sa...
by geerhardusvos
Sat Jul 25, 2020 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: 800 square feet to 1,700. Worth it?
Replies: 22
Views: 2490

Re: 800 square feet to 1,700. Worth it?

I feel like this has become a common boglehead topic. My wife and I have been loosely looking for a home due to our current size 890 square feet. The house is a great house and really nice. I think we could quickly sell for 215k. We are expecting our first child at the end of September and quickly ...
by geerhardusvos
Sat Jul 25, 2020 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Forgo a year of retirement contributions to spend on self?
Replies: 45
Views: 3903

Re: Forgo a year of retirement contributions to spend on self?

Brianmcg321 wrote:
Sat Jul 25, 2020 8:44 am
I would sell the rental properties.
+1
by geerhardusvos
Fri Jul 24, 2020 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Pros and cons of buying a big house
Replies: 60
Views: 5036

Re: Pros and cons of buying a big house

pros: - handy when hosting large groups - handy if family/friends stay for extended periods (assuming you like their stay) - flexibility to grow in it cons: - tend to have higher house prices, taxes, interest, etc., - feeling of the need to fill potentially unused space - high electric bill - highe...
by geerhardusvos
Thu Jul 23, 2020 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: At what point is an emergency fund irrelevant?
Replies: 67
Views: 4821

Re: At what point is an emergency fund irrelevant?

A little about me 400k/year salary at mega Corp. not federal gov job security but not terrible either No debt, home paid for About 200k in taxable brokerage account. 1.1M in total retirement savings (including the taxable account) Annual expenses (after taxes) of 60k I have 35,000 in an online savi...
by geerhardusvos
Thu Jul 23, 2020 10:36 pm
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 17152

Re: [Average return for 100/0, 70/30 asset allocation]

I'm not sure what we're arguing about now in this thread, but I, for one, appreciate KlangFool's posts on this board as a counterweight to anyone who might go 100/0 without carefully considering the risks. If KF grounded his opinions in data he would be an appropriate counterweight. Unfortunately, ...
by geerhardusvos
Thu Jul 23, 2020 9:44 pm
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 17152

Re: [Average return for 100/0, 70/30 asset allocation]

I'm not sure what we're arguing about now in this thread, but I, for one, appreciate KlangFool's posts on this board as a counterweight to anyone who might go 100/0 without carefully considering the risks. If KF grounded his opinions in data he would be an appropriate counterweight. Unfortunately, ...
by geerhardusvos
Thu Jul 23, 2020 1:55 pm
Forum: Investing - Theory, News & General
Topic: In retirement, why not 100% Total Stock Market + Cash?
Replies: 53
Views: 5527

Re: In retirement, why not 100% Total Stock Market + Cash?

Agree it's reasonable. Just to be clear, the OP isn't 100% equities in retirement. They have 30% fixed/cash. Understood. I get the impression the OP is debating between 70/30 stocks/bonds or 100% stocks with a 4-year cash buffer (which depending on how you frame it works out to something like 84/16...
by geerhardusvos
Thu Jul 23, 2020 1:51 pm
Forum: Investing - Theory, News & General
Topic: In retirement, why not 100% Total Stock Market + Cash?
Replies: 53
Views: 5527

Re: In retirement, why not 100% Total Stock Market + Cash?

We're about to retire, at 60 & 63. We had been leaning towards a 70/30 asset allocation, but the more I think about it, why not have 4 years of cash for living expenses available and everything else in TSM? I can handle volatility if I know I have cash to ride it out. If you have 25X your annual ex...
by geerhardusvos
Thu Jul 23, 2020 12:46 pm
Forum: Investing - Theory, News & General
Topic: In retirement, why not 100% Total Stock Market + Cash?
Replies: 53
Views: 5527

Re: In retirement, why not 100% Total Stock Market + Cash?

We're about to retire, at 60 & 63. We had been leaning towards a 70/30 asset allocation, but the more I think about it, why not have 4 years of cash for living expenses available and everything else in TSM? I can handle volatility if I know I have cash to ride it out. That's a perfectly reasonable ...
by geerhardusvos
Thu Jul 23, 2020 12:45 pm
Forum: Investing - Theory, News & General
Topic: In retirement, why not 100% Total Stock Market + Cash?
Replies: 53
Views: 5527

Re: In retirement, why not 100% Total Stock Market + Cash?

What about this the OP's approach is unreasonable given the data available to us? If OP has ~25X invested, what else do they need to do? What if the future is dissimilar to the past? Considering our history includes a great depression, two world wars, recessions, natural disasters, terrorism, etc.....
by geerhardusvos
Thu Jul 23, 2020 12:35 pm
Forum: Investing - Theory, News & General
Topic: In retirement, why not 100% Total Stock Market + Cash?
Replies: 53
Views: 5527

Re: In retirement, why not 100% Total Stock Market + Cash?

We're about to retire, at 60 & 63. We had been leaning towards a 70/30 asset allocation, but the more I think about it, why not have 4 years of cash for living expenses available and everything else in TSM? I can handle volatility if I know I have cash to ride it out. If you have 25X your annual ex...
by geerhardusvos
Thu Jul 23, 2020 12:26 pm
Forum: Investing - Theory, News & General
Topic: In retirement, why not 100% Total Stock Market + Cash?
Replies: 53
Views: 5527

Re: In retirement, why not 100% Total Stock Market + Cash?

Google "sequence of returns risk." Sure, if your portfolio is so large that it doesn't matter (for example, expenses are 1% of portfolio), then you can do whatever. But be careful about assuming that in the next bear market, the stock market will recover as quickly as in 2009-2010 or over the past ...
by geerhardusvos
Thu Jul 23, 2020 12:15 pm
Forum: Investing - Theory, News & General
Topic: In retirement, why not 100% Total Stock Market + Cash?
Replies: 53
Views: 5527

Re: In retirement, why not 100% Total Stock Market + Cash?

We're about to retire, at 60 & 63. We had been leaning towards a 70/30 asset allocation, but the more I think about it, why not have 4 years of cash for living expenses available and everything else in TSM? I can handle volatility if I know I have cash to ride it out. If you have 25X your annual ex...
by geerhardusvos
Wed Jul 22, 2020 7:45 pm
Forum: Personal Investments
Topic: Deploying a $40m windfall in current market conditions
Replies: 67
Views: 11883

Re: Deploying a $40m windfall in current market conditions

Hello everyone. I am wrapping up the sale of my business and will be receiving $40m in the coming weeks. Under (more) normal market conditions, I would simply deploy the cash using the three-fund approach, but I am feeling trigger shy at current pricing. In current conditions, my natural tendency i...
by geerhardusvos
Wed Jul 22, 2020 4:47 pm
Forum: Personal Investments
Topic: Help with ESPP
Replies: 24
Views: 988

Re: Help with ESPP

Just onboard in a new job and i've never done the ESPP before. Have been doing research and it looks like the best option is to sell the shares immediately after the purchase date. The clarification I need is the vesting period. I see many recommendations to sell the ESPP shares immediately after p...