Search found 11170 matches

by jebmke
Sun Sep 20, 2020 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement re-planning for 50+
Replies: 21
Views: 1814

Re: Retirement re-planning for 50+

COBRA is typically 18 months I think. At my old company, the COBRA rate was the full-boat rate (company portion+EE portion)+ an administrative charge.
by jebmke
Sun Sep 20, 2020 10:02 am
Forum: Personal Investments
Topic: Portfolio Adjustments for Retirement : More Defense?
Replies: 21
Views: 1265

Re: Portfolio Adjustments for Retirement : More Defense?

With a 50/50 allocation, one would not likely be "forced to sell stocks when they are down." The more likely case is that one would be "forced" to sell bonds to fund expenses and buy stocks to maintain a 50/50 allocation.
by jebmke
Sun Sep 20, 2020 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Retirement re-planning for 50+
Replies: 21
Views: 1814

Re: Retirement re-planning for 50+

One of the first things I did in similar circumstances was start the process of constructing a budget for our expected expenses in retirement. This is often glossed over when attention is focused on the asset/income aspect of retirement. Expenses matter and many people have no idea what they might b...
by jebmke
Sun Sep 20, 2020 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Any retirees thought about cutting spending in March 2020?
Replies: 31
Views: 1875

Re: Any retirees thought about cutting spending in March 2020?

For many people, spending dropped naturally this time (restaurants, haircuts, travel, transportation .....). In general, however, I think it makes sense to plan a retirement budget that includes some buffer for discretionary and contingencies with the idea that (a) you can't plan ahead for everythin...
by jebmke
Sat Sep 19, 2020 11:57 am
Forum: Personal Finance (Not Investing)
Topic: How to calculate savings rate???
Replies: 9
Views: 637

Re: How to calculate savings rate???

IMO the key "rate" is the absolute dollars and does it put you on track to meet your goals, whatever they may be.
by jebmke
Sat Sep 19, 2020 8:41 am
Forum: Personal Finance (Not Investing)
Topic: HSA questions
Replies: 6
Views: 568

Re: HSA questions

BuddyJet wrote: Sat Sep 19, 2020 8:27 am I’d contribute the max, if possible, to the HSA to fund the account for future medical expenses.
That's what we did. HSA is one of the best things going. Even if all I had was tax-deferred accounts I'd pull additional funds out and fund the HSA if that was the only source of cash.
by jebmke
Sat Sep 19, 2020 8:19 am
Forum: Personal Consumer Issues
Topic: Getting rid of silverfish
Replies: 14
Views: 1547

Re: Getting rid of silverfish

JoMoney wrote: Sat Sep 19, 2020 6:27 am My go-to for most bug control is diatomaceious earth lightly dusted around floorboards, edges, crevices, back of cabinets...
I also sometimes spread some DE around the foundation outside. This often keeps bugs out of the house entirely.
by jebmke
Fri Sep 18, 2020 5:09 pm
Forum: Personal Investments
Topic: When to transition out of a working tilt?
Replies: 7
Views: 907

Re: When to transition out of a working tilt?

I unwound a significant small cap value tilt (65% of our equity) when it appeared that ER was within a 3-5 year horizon. It was an intentional step in a de-risking glide path.
by jebmke
Fri Sep 18, 2020 3:48 pm
Forum: Personal Investments
Topic: Is retirement in 2 years possible?
Replies: 37
Views: 4538

Re: Is retirement in 2 years possible?

I assume that Firecalc assumes you will rebalance in a down market. How comfortable are you rebalancing to equity during a significant downturn while having no income? It can happen.
by jebmke
Fri Sep 18, 2020 8:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard 3rd quarter dividend dates
Replies: 14
Views: 1983

Re: Vanguard 3rd quarter dividend dates

Am I recalling incorrectly, or did VG formerly include dividend estimates in their quarterly "Find out if your fund is declaring a dividend" announcements? I haven't found that info on their site for 3Q2020. Not as concerned about the 3rd quarter numbers, but I'm thinking about the year-end estimat...
by jebmke
Fri Sep 18, 2020 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Pushing the time limit for amended tax returns
Replies: 5
Views: 569

Re: Pushing the time limit for amended tax returns

neurosphere wrote: Thu Sep 17, 2020 1:13 pm The prior year "amendments" were not necessarily amendments, but rather simply documentation/justification for the 2016+ changes.
Similar to filing a long history of after-tax contributions to an IRA by filing all the Forms 8606.
by jebmke
Thu Sep 17, 2020 5:08 pm
Forum: Personal Consumer Issues
Topic: Electrical help/suggestions
Replies: 22
Views: 1274

Re: Electrical help/suggestions

maybe build a small aluminum smelter
by jebmke
Thu Sep 17, 2020 10:43 am
Forum: Personal Investments
Topic: Record date vs. Reinvest ex-dividend date?
Replies: 14
Views: 494

Re: Record date vs. Reinvest ex-dividend date?

This is of course true. However, see the column headings on Vanguard's distribution schedule https://personal.vanguard.com/pdf/DIVDAT_092020.pdf Vanguard does a disservice to its clients by publishing stuff like that. The column heading is really "reinvest date for mutual funds" and "ex-dividend da...
by jebmke
Thu Sep 17, 2020 8:43 am
Forum: Personal Investments
Topic: Record date vs. Reinvest ex-dividend date?
Replies: 14
Views: 494

Re: Record date vs. Reinvest ex-dividend date?

The only price that matters is the price used for reinvestment. That would normally be the price on the day the dividend gets reinvested. That price will determine how many shares you will have after the reinvestment.
by jebmke
Thu Sep 17, 2020 7:38 am
Forum: Personal Consumer Issues
Topic: Electrical help/suggestions
Replies: 22
Views: 1274

Re: Electrical help/suggestions

Setting aside the amperage question, when we had our deck rebuilt I had a couple of lines run out underneath the deck to the end of the deck (one near each corner) and capped in case I want outlets on the end. You never know when you may want an outlet for something like a fan (best defense against ...
by jebmke
Thu Sep 17, 2020 6:14 am
Forum: Investing - Theory, News & General
Topic: Negative Rates
Replies: 6
Views: 760

Re: Negative Rates

Flight to safety. Large institutions and sovereigns are likely big buyers.
by jebmke
Wed Sep 16, 2020 10:07 am
Forum: Personal Consumer Issues
Topic: HVAC Service Contracts & Annual Service
Replies: 50
Views: 2543

Re: HVAC Service Contracts & Annual Service

May depend on individual circumstances. Normally our tech checks outside units to make sure that the refrigerant is at proper levels and pre-covid, he would check discharge air temp at the floor vents. We didn't have him inside but he did check discharge air temp in the main duct. All our ducts are ...
by jebmke
Wed Sep 16, 2020 8:17 am
Forum: Personal Consumer Issues
Topic: Furnace / Air Maintenance and Covid-19?
Replies: 15
Views: 923

Re: Furnace / Air Maintenance and Covid-19?

We had our summer check done; I did the filters and set the thermostat down so the system would run. He checked the outside units, checked and cleaned the air handler. Will have same done for winter. We get ours checked every year. One year the condensate pump was not functioning at the start of coo...
by jebmke
Tue Sep 15, 2020 5:19 pm
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18566

Re: Anyone successfully living off dividends & interest?

Appreciate this chat. Stimulated me to a more disciplined portfolio approach to retirement income planning. Am also seeking such a portfolio of different financial assets, hard assets like real estate, and guaranteed sources( pension, soc etc.). Will likely add to div portion of the portfolio. Am a...
by jebmke
Mon Sep 14, 2020 5:33 pm
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18566

Re: Anyone successfully living off dividends & interest?

If you reinvest a dividend, how long before it is no longer a dividend and becomes principal? :P
by jebmke
Sun Sep 13, 2020 7:55 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4583
Views: 1278735

Re: What Book Are You Currently Reading? Part VI

The Greenlanders by Jane Smiley

Historical fiction about 14th century Greenland inhabitants. Simultaneously tedious and difficult to put down, oddly. I almost gave up after 100 pages but I keep picking it up and now about 40% in.
by jebmke
Sun Sep 13, 2020 5:15 pm
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18566

Re: Anyone successfully living off dividends & interest?

BogleFan510 wrote: Sun Sep 13, 2020 3:18 pm Probably qualify as in that camp. No regrets.
Same. Living on < dividends. Retirement decision for me was unrelated to financial considerations. 100% choice.
by jebmke
Sun Sep 13, 2020 4:35 pm
Forum: Personal Consumer Issues
Topic: How to focus and keep focused — any recommendations?
Replies: 27
Views: 1613

Re: How to focus and keep focused — any recommendations?

Turn off the phone and delete social media accounts. In my experience, Facebook users have more reasons not to quit than alcoholics.
by jebmke
Sun Sep 13, 2020 2:22 pm
Forum: Personal Investments
Topic: Roth conversion-How fast
Replies: 26
Views: 2406

Re: Roth conversion-How fast

Don’t forget NIIT, if applicable. always check your calculations with tax software. Your bracket rate isn’t alway your marginal tax rate.
by jebmke
Sun Sep 13, 2020 12:18 pm
Forum: Personal Consumer Issues
Topic: [Question regarding password security]
Replies: 101
Views: 3192

Re: Security question on one's passwords

Read this Microsoft article on why your password doesn't matter. https://techcommunity.microsoft.com/t5/azure-active-directory-identity/your-pa-word-doesn-t-matter/ba-p/731984 This is a very well written / well researched article on how accounts actually get compromised. I only skimmed it. It seems...
by jebmke
Sun Sep 13, 2020 12:03 pm
Forum: Personal Consumer Issues
Topic: [Question regarding password security]
Replies: 101
Views: 3192

Re: Security question on one's passwords

egrets wrote: Sun Sep 13, 2020 11:59 am Not in 10,000 years would I use a password manager and keep all my passwords out on the web in one place.
Can't comment on the online ones because I don't use an online one. I use Keepass which is not online.
by jebmke
Sun Sep 13, 2020 11:37 am
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18566

Re: Anyone successfully living off dividends & interest?

tbone555 wrote: Sun Sep 13, 2020 7:20 am Spending dividends is eating into principal.
Yes. It is also a micro re-balance.
by jebmke
Sun Sep 13, 2020 11:19 am
Forum: Personal Finance (Not Investing)
Topic: How do you estimate post-retirement income tax?
Replies: 21
Views: 1933

Re: How do you estimate post-retirement income tax?

Some interest and dividends; realized capital gains (although the rate may be zero). Pensions, IRA distributions typically (some exceptions).

Take a look at Form 1040; what I did is use my tax software that I used for my return to do a pro-forma return for my retirement income.
by jebmke
Sun Sep 13, 2020 10:25 am
Forum: Personal Consumer Issues
Topic: What's this bug?
Replies: 34
Views: 2540

Re: What's this bug?

There are a lot of things that will give you a mean bite if you get crosswise with them. Many non-venomous snakes come to mind. Some two year old children as well. I find it easy to avoid snakes and two year old children. Flying insects buzzing all around you, not as easy. True; but I only worry ab...
by jebmke
Sun Sep 13, 2020 10:15 am
Forum: Personal Consumer Issues
Topic: What's this bug?
Replies: 34
Views: 2540

Re: What's this bug?

Yes; we have Cicada killer wasps around us. They look scary (huge) but unless you really interfere with them they are harmless. They can really do a number on Cicadas. I've seen them drag those for many feet and then into the ground. There are a lot of things that will give you a mean bite if you ge...
by jebmke
Sun Sep 13, 2020 10:10 am
Forum: Personal Consumer Issues
Topic: [Question regarding password security]
Replies: 101
Views: 3192

Re: Security question on one's passwords

One complicated password for all is fine. But eventually, web sites require you to change passwords anyway. I have never had to change my passwords at financial institutions. I can't remember the last time any online site of any kind required me to change my password. I've done it voluntarily for a...
by jebmke
Sun Sep 13, 2020 9:38 am
Forum: Personal Finance (Not Investing)
Topic: FIRE Calculator Accurate?
Replies: 13
Views: 1835

Re: FIRE Calculator Accurate?

$10K/year in healthcare for a couple That seems low to me for a pre-Medicare period unless you have access to something like a retiree HC plan that is subsidized. I retired early in 2007. I had budgted $1,000 per person for gross costs assuming no subsidies. This included all out of pocket stuff wh...
by jebmke
Sun Sep 13, 2020 9:27 am
Forum: Personal Consumer Issues
Topic: [Question regarding password security]
Replies: 101
Views: 3192

Re: Security question on one's passwords

Password manager. Eliminates the need to remember. Some good "online" options as well as standalone (Keepass).
by jebmke
Sat Sep 12, 2020 5:50 pm
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18566

Re: Anyone successfully living off dividends & interest?

raiderjkwong wrote: Sat Sep 12, 2020 5:47 pm Jebmke, maybe slightly lower, but not the 1% you posted, still well over 6.5% for the year.
I'm looking at yield. Yield is the best estimate of returns going forward. Past returns are irrelevant.
by jebmke
Sat Sep 12, 2020 5:44 pm
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18566

Re: Anyone successfully living off dividends & interest?

In response to jebmke. Per AGG Total Bond Fund website. Vanguard Total Bond (BND) has similar returns but may be slightly higher. Returns As of 9-11-2020, 6.95% 3 years, 5.25% 5 years, 4.24% 10 years, 3.73 For my short term treasury returns, I am invested in the G Fund since I am a govt employee. R...
by jebmke
Sat Sep 12, 2020 5:26 pm
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18566

Re: Anyone successfully living off dividends & interest?

raiderjkwong wrote: Sat Sep 12, 2020 3:45 pm short term US Treasuries and US total bond fund, 48,000 to 72,000 annually depending on 2-3% yield return
Short term treasuries are negative yield and Total Bond is hovering around 1%
by jebmke
Sat Sep 12, 2020 8:39 am
Forum: Personal Investments
Topic: Introduction and question about muni bond investing
Replies: 7
Views: 455

Re: Introduction and question about muni bond investing

Whenever I have looked at state-specific funds for my state (MD), in our situation, the comparison to a national fund was basically a wash after adjusting for state taxes. Even with a slight advantage in some cases, the lower diversification didn't make sense to me.
by jebmke
Sat Sep 12, 2020 8:26 am
Forum: Investing - Theory, News & General
Topic: Vanguard 3rd quarter dividend dates
Replies: 14
Views: 1983

Re: Vanguard 3rd quarter dividend dates

...it is safe to assume that they always declare and pay in the last week of September - at least the funds that normally pay quarterly. I don't think it has ever been any different. In March, there were some Vanguard dividend distributions (including the 500 Index) on March 6. Also, no announcemen...
by jebmke
Sat Sep 12, 2020 8:05 am
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18566

Re: Anyone successfully living off dividends & interest?

Although the majority of Bogleheads do not support tangible real estate it is one of the most talked about ways of generating passive income and nearly every high net worth person I personally know owns some properties. I am HNW. I do not own any properties. I don’t know you personally, only virtua...
by jebmke
Sat Sep 12, 2020 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Business vehicle tax law
Replies: 2
Views: 264

Re: Business vehicle tax law

I normally start with the IRS instructions for the relevant form (in this case I think it is Form 4562). Often the instructions will refer to other official IRS publications that elaborate on the rules. All of this can be found on the IRS web site.
by jebmke
Fri Sep 11, 2020 9:07 pm
Forum: Personal Investments
Topic: GNMA vs Total Bond Index in a high tax state (update: wrong premise, Gama are taxable)
Replies: 11
Views: 439

Re: GNMA vs Total Bond Index in a high tax state

An older FTB 1001 from 2017 calls out GNMA securities as not being tax exempt. Was there a recent change?

I know in Maryland, GNMA and similar housing agency bonds are specifically excluded from the Federal securities subtraction.
by jebmke
Fri Sep 11, 2020 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Apps Security- Unauthorized usage
Replies: 7
Views: 585

Re: Apps Security- Unauthorized usage

invest4 wrote: Fri Sep 11, 2020 4:44 pm For any apps where money is involved or contains sensitive info., I do everything manually.
Same; in fact, I only use an app to search for something. If I have to buy (Amazon, Lowes) I go to my desktop. No credit card link anywhere.
by jebmke
Fri Sep 11, 2020 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Fsa health claim denied- where to escalate issue
Replies: 2
Views: 317

Re: Fsa health claim denied- where to escalate issue

I think FSA and HSA fall under the auspices of the IRS.
by jebmke
Fri Sep 11, 2020 4:22 pm
Forum: Personal Consumer Issues
Topic: Garden Variety Non-stick Frying Pan: Can I use This on an Outdoor Grill?
Replies: 11
Views: 558

Re: Garden Variety Non-stick Frying Pan: Can I use This on an Outdoor Grill?

or if you have a steel pan, get a single "burner" induction hot plate and use inside. I don't think they are very expensive. Handy to have as an extra burner.
by jebmke
Fri Sep 11, 2020 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Major milestone questions
Replies: 6
Views: 592

Re: Major milestone questions

I'd leave the $70K in the Traditional IRA and plan on doing Qualified Charitable Distributions when you are eligible at age 72 (previously was 70.5). That way you'll essentially never owe tax on that amount so no reason to do the Roth conversion. QCDs are still available at 70.5. But without the RM...
by jebmke
Fri Sep 11, 2020 8:34 am
Forum: Investing - Theory, News & General
Topic: Vanguard 3rd quarter dividend dates
Replies: 14
Views: 1983

Re: Vanguard 3rd quarter dividend dates

Unless you need a precise date (to avoid buying a dividend, for example) it is safe to assume that they always declare and pay in the last week of September - at least the funds that normally pay quarterly. I don't think it has ever been any different.
by jebmke
Thu Sep 10, 2020 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: [Marcus Savings Account - Interest rate is now 1.7%]
Replies: 210
Views: 28209

Re: Marcus lowers savings APY from 0.80% to 0.60%

AMEX is still at .8 but I expect it to drop shortly as well.
by jebmke
Thu Sep 10, 2020 3:14 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4583
Views: 1278735

Re: What Book Are You Currently Reading? Part VI

TomatoTomahto wrote: Thu Sep 10, 2020 3:10 pm I’ve got to stop reading this thread.
What is really a killer is when someone hooks you on a crime novel and you need to start at the beginning of the 10-15 book series to really do it justice. Fortunately a lot of early books can be had on Libby through local libraries.
by jebmke
Thu Sep 10, 2020 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to stop judging how other people spend/invest
Replies: 76
Views: 4744

Re: How to stop judging how other people spend/invest

This is a variation on a similar thread that comes up often. These topics almost never come up among my family and friends. I did have one colleague when I was working who always liked to note his latest expensive car purchase. My usual response was to ask him where he parked it so I could park next...
by jebmke
Thu Sep 10, 2020 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Victim of credit card fraud. Need advice on how to proceed
Replies: 27
Views: 1654

Re: Victim of credit card fraud. Need advice on how to proceed

S4C5 wrote: Thu Sep 10, 2020 9:25 am I have alerts set for over $200.
Since you don't have frequent use, I'd suggest setting the CNP alert at $0. In particular, recurring monthly pings will force you to ask "do I still need this service?"