Search found 500 matches

by mcblum
Tue May 12, 2020 7:58 am
Forum: Investing - Theory, News & General
Topic: At what moment does retirement begin?
Replies: 49
Views: 3357

Re: At what moment does retirement begin?

the last OFFICIAL moment was leaving the great party they gave me. REALITY was when the two of us, sitting on a restaurant patio, (Nepenthe, Big Sur)on a WEDNESDAY, at noon, drinking very large Margaritas, with chips and salsa. Free at last....
by mcblum
Mon May 11, 2020 3:17 pm
Forum: Personal Investments
Topic: Scale Back on Retirement Investing in Anticipation of a Crash?
Replies: 16
Views: 1216

Re: Scale Back on Retirement Investing in Anticipation of a Crash?

back in 2008, when things seems so bleak, I kept on investing in my TSP and RIRA. It paid off in about 18 months.
Buy at all points and hold on.
Marty
by mcblum
Thu May 07, 2020 7:54 am
Forum: Personal Consumer Issues
Topic: Go or no go on Carnival cruise
Replies: 114
Views: 6970

Re: Go or no go on Carnival cruise

Between 19 and Noro, no thanks
by mcblum
Thu May 07, 2020 7:51 am
Forum: Personal Consumer Issues
Topic: What are you doing for haircuts due to coronavirus shutdown?
Replies: 254
Views: 20073

Re: What are you doing for haircuts due to coronavirus shutdown?

my hair is now longer than in 1970 when i was in college. I'm letting it go but without the sideburns which would be all white. I may buy myself some Ropers and boot cut jeans. If only i could lose 30 lbs.....
Marty
by mcblum
Wed May 06, 2020 12:52 pm
Forum: Investing - Theory, News & General
Topic: 401k costs
Replies: 3
Views: 185

Re: 401k costs

sorry about that. I went to the aforementioned Guideline.com and answered my own question. Th OP stated that it was for his small company, I think three people. The fees are much more reasonable than i thought. For a really big company, it could get very expensive. The Guideline company uses a lot o...
by mcblum
Wed May 06, 2020 12:34 pm
Forum: Investing - Theory, News & General
Topic: 401k costs
Replies: 3
Views: 185

401k costs

what does it take for a company to set up a 401k plan for its workers? how much does it cost?
Marty
by mcblum
Tue Apr 28, 2020 3:25 pm
Forum: Investing - Theory, News & General
Topic: Anyone wish they would have invested more during recent downturn?
Replies: 110
Views: 9262

Re: Anyone wish they would have invested more during recent downturn?

am retired so have no "earned income".
However, I have been dribbling money into my taxable account; sometimes only 100 dollars a month but it all adds up.
Marty :D
by mcblum
Tue Apr 07, 2020 6:15 pm
Forum: Personal Consumer Issues
Topic: How do you maximize enjoyment after achieving FI?
Replies: 161
Views: 8455

Re: How do you maximize enjoyment after achieving FI?

throw away all your socks and neck ties
by mcblum
Tue Mar 31, 2020 11:35 am
Forum: Investing - Theory, News & General
Topic: [Why aren't forum members following the "Stay the course" approach?]
Replies: 372
Views: 25760

Re: [Why aren't forum members following the "Stay the course" approach?]

losing value temporarily is better than losing money permanently. am sticking.
by mcblum
Mon Mar 30, 2020 11:00 am
Forum: Investing - Theory, News & General
Topic: How many funds do you have in your portfolio?
Replies: 167
Views: 12067

Re: How many funds do you have in your portfolio?

four at 53/47 AA

taxable is S&P 500
Roth IRA is Intermediate bonds
R/O IRA is Total Stock and Total Bond
by mcblum
Sat Mar 28, 2020 11:12 am
Forum: Personal Investments
Topic: [Can you reverse a RMD made before the CARES act?]
Replies: 7
Views: 851

[Can you reverse a RMD made before the CARES act?]

If you have taken the RMD before the CARE act was initiated. Can you get it reversed and get a refund?
Marty

[edited title and post to correct typos, and replies made before the correction have been removed to keep clarity on the topic - moderator prudent]
by mcblum
Sat Mar 28, 2020 11:04 am
Forum: Personal Investments
Topic: vanguard RMD w/h
Replies: 23
Views: 1099

Re: vanguard RMD w/h

thanks. I will leave my funds where they are.marty
by mcblum
Sat Mar 28, 2020 10:57 am
Forum: Personal Investments
Topic: vanguard RMD w/h
Replies: 23
Views: 1099

Re: vanguard RMD w/h

no
marty
by mcblum
Sat Mar 28, 2020 10:47 am
Forum: Personal Investments
Topic: vanguard RMD w/h
Replies: 23
Views: 1099

vanguard RMD w/h

i have the automatic vanguard RMD plus tax withholding. Should i turn it off?
marty
by mcblum
Thu Mar 26, 2020 3:31 pm
Forum: Personal Investments
Topic: RMD postponement for 2020 [topic closed, cannot discuss proposed legislation]
Replies: 1
Views: 206

RMD postponement for 2020 [topic closed, cannot discuss proposed legislation]

Christine Benz on M/S interviewed someone on the possibility of a part of the economic stimulus bill postponing RMDs for this year to help retired people. Has anyone heard anything?
Marty
by mcblum
Thu Mar 19, 2020 3:47 pm
Forum: Personal Investments
Topic: When are you rebalancing?
Replies: 76
Views: 4574

Re: When are you rebalancing?

probably in october. within and according to my RMD.
Marty
by mcblum
Fri Feb 28, 2020 8:01 am
Forum: Investing - Theory, News & General
Topic: who is worried and feels like selling stocks?
Replies: 254
Views: 18823

Re: who is worried and feels like selling stocks?

i am retired 2.5 years.This has been an exciting month!

Three weeks ago, I got my second comma; (mental parade!)
My AA was 4.5% over my 50/50 set. I am still over the 50/50.
my choices are:
rebalance into stocks(buy)
or
Do nothing.
I will listen to Tony Fauci and then make up my mind.
marty
by mcblum
Mon Feb 17, 2020 9:22 am
Forum: Investing - Theory, News & General
Topic: When did (will) your accumulation phase end?
Replies: 36
Views: 3371

Re: When did (will) your accumulation phase end?

retired 2.5 years now. got my second comma two weeks ago. can only contribute to taxable, so i have been sending in about one share's worth of VOO every month. Therefore, still accumulating. Only take interest from Roth IRA.It's a great game and I've won. Only took me thirty years
marty
by mcblum
Thu Feb 13, 2020 6:54 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1588
Views: 128564

Re: Coronavirus (Consumer Issues) How you are preparing?

We supported our local Chinese restaurant by going to dinner and telling them how much we enjoy their cuisine and presence in our community.
The place, usually very popular, was almost empty.
by mcblum
Wed Feb 05, 2020 10:18 am
Forum: Personal Finance (Not Investing)
Topic: who do you bank with and why?
Replies: 97
Views: 6931

Re: who do you bank with and why?

Bank of america and its predessessors for 50 years. Use it for demand account, cash reserves and credit cards. Don't use travel or bonus features. Hooked up with Vanguard to buy and sell fund shares during the year. Takes care of all my needs.
Marty
by mcblum
Mon Feb 03, 2020 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Who plans to amend last years returns?
Replies: 8
Views: 1187

Re: Who plans to amend last years returns?

i do. made stupid mistake and left my pension off. I will amend on the 5th or 6th of this month when i get the form from T/T.



My refund will drop some not not much as i W/H large amounts (enforced savings).
Marty
by mcblum
Sat Jan 11, 2020 9:31 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 599
Views: 31368

Re: What are you listening to now

At the moment, it is a Baroque piece of classical music. I am located north of Washington D.C and am lucky to pick up, with extreme clarity, both WETA (DC) and WBJC (Baltimore). WETA is more conservative and WBJC is more eclectic. Love them both! Anybody in other parts of the Bogleheads world have c...
by mcblum
Wed Dec 11, 2019 3:56 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1907
Views: 207243

Re: [What TV Show Have You Recently Watched?]

Perry Mason from 1959. Fantastic! I have heard that Robert Downey will play Mason in 2020. What great news.
Marty
by mcblum
Sun Oct 20, 2019 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Planning to take some money out of roth ira
Replies: 22
Views: 2722

Re: Planning to take some money out of roth ira

I am retired.
I take the interest thrown off by my Roth IRA which amounts to several hundred dollars. No change in share amounts. And is non-taxable.
Marty
by mcblum
Mon Oct 14, 2019 7:51 am
Forum: Investing - Theory, News & General
Topic: How often do you look at your IRA or 401K Balances
Replies: 71
Views: 6414

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

i have now been investing for thirty years. When starting out, i called my fund every evening to see what was happening. Because of my small portfolio, it would go up or down, maybe, a dollar. When we got our first computer and internet hookup, it was easier. I still check everyday at about 6:30 pm....
by mcblum
Tue Oct 08, 2019 9:12 am
Forum: Personal Consumer Issues
Topic: Keeping fleas out of the house
Replies: 21
Views: 1580

Re: Keeping fleas out of the house

the problem with flea collars is that they are at the wrong end of the dog. If the poor guy is healthy with no underlying problems, go with the systemic pills. this worked for us.
by mcblum
Tue Oct 08, 2019 9:08 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1474
Views: 169647

Re: What frugal thing did you do today?

reinvested my RMD.
by mcblum
Sun Oct 06, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Simple approach to retirement finances?
Replies: 15
Views: 2143

Re: Simple approach to retirement finances?

you may consider yourself as having solved a part of your dilemma by writing down a list. I always found this helps to defang large numbers of tasks. I don't know how old you are, but you also don't have to get everything done by next Monday morning. Take your time and take advantage of the stellar ...
by mcblum
Thu Jun 27, 2019 6:22 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 27084

Re: Crypto bulls are back. Are you getting in?

Nope. I do not understand it. It seems i wouldn't really get anything i don't have already. I have a good banking system; a credit card, always empty, paid off house; and the amazing fruits of thirty years of steady investing.I'm retired and creeping up on my second comma. With the investing in M/Fs...
by mcblum
Thu Jun 06, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Required Minimum Distributions
Replies: 61
Views: 6116

Re: Required Minimum Distributions

Hi there. I have been taking RMDs for the past two years and will take my third-a single payment- on October 1st. Vanguard lets you withhold any amount. I live in Maryland and have 25 % taken out for federal with-holding and 6% for state. The net is reinvested in my taxable. Works for me. Marty
by mcblum
Mon Jun 03, 2019 6:42 am
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 11499

Re: How did you all do in the month of May, 2019

down about 2.3% from my high early in May but still up about 5.8% for the year.
Marty
by mcblum
Mon May 27, 2019 6:19 pm
Forum: Personal Investments
Topic: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?
Replies: 35
Views: 10873

Re: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?

Sounds awful complicated. Bogle philosophy of simplicity and patience has worked for me for almost thirty years.
Marty
by mcblum
Mon Apr 08, 2019 3:30 pm
Forum: Personal Consumer Issues
Topic: Solution for a thick wallet
Replies: 58
Views: 6108

Re: Solution for a thick wallet

I have a leather phone wallet made by Shieldon for my iPhone six. In it, i carry : Driver's License Library card ATM card several one dollar bills these are the most used cards I also carry a very small wallet with all my other cards and larger bills if i have them. This is the most practical way fo...
by mcblum
Sun Apr 07, 2019 9:46 am
Forum: Personal Investments
Topic: Bank deregulation 2019
Replies: 10
Views: 1071

Bank deregulation 2019

this is not a political Rant or question as such. However, The headline in the washington post (4/7/2019) referred to bank deregulation. As I lived through the last down turn by not doing anything except regular investment and some re-balancing, my question is what can B/H ers do to make it less unc...
by mcblum
Sat Apr 06, 2019 8:08 am
Forum: Personal Investments
Topic: Bonds in taxable account?
Replies: 45
Views: 5042

Re: Bonds in taxable account?

in 2009, i retired from the federal government and immediately became a contractor. I had been contributing to the thrift plan and to a Roth IRA for years which i continued. With the contract position, my income doubled and i had way more cash than i needed for the limited contributions to my Roth a...
by mcblum
Thu Apr 04, 2019 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Federal tax refund? What are you doing with it?
Replies: 54
Views: 2816

Re: Federal tax refund? What are you doing with it?

this is a two parter:
We got a HUGE tax return this year. I gave half to my wife and rolled my half into my taxable account.I have no problems with over-withholding.

In October, I will take my RMD and also roll the remainder into the taxable.
It's all good.
Marty
by mcblum
Wed Mar 27, 2019 4:30 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1474
Views: 169647

Re: What frugal thing did you do today?

Drive by the Dunkin Donuts shop on the way home.
M
by mcblum
Fri Mar 22, 2019 12:35 pm
Forum: Personal Consumer Issues
Topic: Do you still wear a necktie to work?
Replies: 108
Views: 6251

Re: Do you still wear a necktie to work?

Last time i wore a tie was on 3/12/1967, my first day in the lab. For the last 17 years, I wore shorts and polo shirts. clothes do not make the man.
after fifty years on the job, i went to my retirement party in shorts and running shoes. I am happy the way things turned out.
by mcblum
Fri Mar 08, 2019 4:46 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4383
Views: 1251694

Re: What Book Are You Currently Reading? Part VI

Believe it or not, "All the President's Men" by Bernstein and Woodward. Saw the movie yesterday. No computers or cell phones!
they got the job done.
All the best, Marty
by mcblum
Fri Jun 15, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 14642

Re: Which boglehead rule do you break--and are ok with

For almost 30 years, I have followed the principles of the BHers with astounding results. Having retired last fall, I wonder if my fellow BH retirees have made any changes in their investment theories. Thanks, marty
by mcblum
Tue Mar 20, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 249
Views: 41103

Re: Those with high savings rate: why?

My savings rate was extremely high (50%) of take home, because I started very late with investing at age 48. It paid off but i had to work until 74. Early starts are best.
Marty
by mcblum
Wed Feb 21, 2018 5:04 pm
Forum: Personal Consumer Issues
Topic: A frugal, alternative family vacation
Replies: 59
Views: 15266

Re:

You must be going to the ritzy part of the Outer Banks--Duck or Corolla or renting a mini-mansion or something? Try the southern part of the outer banks--about 40 miles south of Nags Head is the town of Avon NC--the mini-mansions with dual master suites, media rooms, etc., will be in the $4K and up...
by mcblum
Fri Jan 05, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: "The Boglehead Philosophy"
Replies: 8
Views: 1691

Re: "The Boglehead Philosophy"

In regards to the insightful ten points, How would they be stated for the recently retired?
Regards to all and Happy New Year?
by mcblum
Fri Nov 24, 2017 1:34 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4383
Views: 1251694

Re: What Book Are You Currently Reading? Part VI

thanks. I've read Ill met by Moonlight. Not a bad movie, either. Dirk Bogarde if i'm not mistaken.
Marty
by mcblum
Fri Nov 24, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4383
Views: 1251694

Re: What Book Are You Currently Reading? Part VI

Patrick Leigh Fermor's Time of Gifts. This is the first volume of his trilogy, the 1933 walk across Europe at 18 years of age.
Fermor became a war hero when his team of SOE operatives captured a German general in Crete and, despite hot pursuit, spirited him to Alexandria, Egypt. Great read!
marty
by mcblum
Fri Nov 10, 2017 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 53044

Re: Did you tell anyone you paid off your mortgage?

We paid off our mortgage about three years early. It was one of our goals prior to retiring. I remember telling everyone I knew about it. I was congratulated by all. That was two years ago. I don't mention it any more as it is old news.
Marty
by mcblum
Mon Nov 06, 2017 11:08 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2017!
Replies: 328
Views: 77777

Re: Roll Call for the Retirement Class of 2017!

Both of us went out on September 29th of this year. My last year was good; no problems. I trained a successor but wanted more time to do it. Anyway, I had planned for this event for thirty years, and have met every goal that I set. I have not felt this good, mentally, since the mid '60s. My best to ...
by mcblum
Mon Oct 02, 2017 6:03 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 19730

Re: Why do you LBYM? Why do you save and invest?

Wife and I just retired on 9/29. LBYM and Long term investment were a means to smooth out the peaks and valleys in our lives.
Marty
by mcblum
Sun Sep 03, 2017 7:24 am
Forum: Investing - Theory, News & General
Topic: [Bitcoin] question
Replies: 131
Views: 14401

Re: [Bitcoin] question

My brother asked me if i knew anything about bit coins and i told him i was hazy about the term. I looked it up on Wickipedia, read the long article three times and still did not understand it. Seems like rank speculation in something with no real value or use. Even gold is better. I try to learn ab...
by mcblum
Sat Sep 02, 2017 7:02 am
Forum: Personal Investments
Topic: Financial reading website with regular updates
Replies: 19
Views: 5274

Re: Financial reading website with regular updates

This site is, hands down, the BEST investment/retirement site i have found. I also use Morningstar for technical purposes (daily index numbers) and to read some of the editors general comments. I used to get some of the mutual fund mags, but stopped when i saw they were repeating themselves over and...