Search found 609 matches

by etarini
Tue Dec 20, 2016 8:20 am
Forum: Investing - Theory, News & General
Topic: Expected Future Low Returns
Replies: 49
Views: 5646

Re: Expected Future Low Returns

There are a lot of good posts here, and there are a lot of reasons why we won't see the type of growth that we did after the Great Recession or World War II, but here's the bottom line, from a Bogleheads-friendly Wall Street Journal writer: "Sorry, You’re Just Going To Have to Save More Money" http:...
by etarini
Fri Nov 18, 2016 9:33 pm
Forum: Investing - Theory, News & General
Topic: Muni bonds are getting killed. Are you bailing out?
Replies: 88
Views: 19600

Re: Muni bonds are getting killed. Are you bailing out?

Interesting - I have both VWIUX and BMBIX - does anyone know if the Baird Quality Intermediate term Muni is daily as well? I hadn't planned to sell either of them, in part because of my belief that I'd have to stop dividends for periods of time to be able to do it without penalty, but one never know...
by etarini
Fri Sep 30, 2016 5:54 pm
Forum: Personal Investments
Topic: Liquidating Inherited Municipal Bonds
Replies: 24
Views: 3189

Re: Liquidating Inherited Municipal Bonds

I was in a similar situation - inherited about 6 or7 individual munis that paid 5% to 5.75%. They were at Edward Jones, so I transferred them to Vanguard. As they're called, I put the money into VWIUX (Vanguard intermediate term muni) and BMBIX (higher quality intermediate term). At those rates they...
by etarini
Wed Sep 28, 2016 8:38 pm
Forum: Personal Consumer Issues
Topic: Medicare while travelling?
Replies: 11
Views: 1511

Re: Medicare while travelling?

Here is a discussion of options from the Wall Street Journal: http://www.wsj.com/articles/will-your-health-plan-cover-you-abroad-1459130765 I've never done this, but as we get older, we are beginning to think it might be a good Idea to investigate. First thing will be to check into the details of ou...
by etarini
Mon Sep 19, 2016 10:07 am
Forum: Investing - Theory, News & General
Topic: The states we won't buy munis from, update
Replies: 50
Views: 8871

Re: The states we won't buy munis from, update

Larry, could you clarify the risks not worth bearing mentioned above? Do you mean that it isn't worth taking the risk of holding VG Intermediate Tax Exempt instead of a basket of carefully chosen individual muni bonds? Or do you mean that it isn't worth taking the risk by holding VG Intermediate Tax...
by etarini
Sat Jul 23, 2016 10:48 am
Forum: Investing - Theory, News & General
Topic: Declining or Rising equity allocation in retirement?
Replies: 110
Views: 12562

Re: Declining or Rising equity allocation in retirement?

[quote="Michread""]Thank you very much for taking the time to post your most helpful information on this site.[/quote] Larry, I also really appreciate your posts, columns and books. To be specific, your presentation of Ability, Willingness, and Need is what I consider to be the most important charac...
by etarini
Wed Jul 13, 2016 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Question-Spousal Benefits
Replies: 17
Views: 3074

Re: Social Security Question-Spousal Benefits

I just went through this with SS this morning and learned that my wife, born in 1951, will be able to receive spousal benefits up to 50 percent of my SS, which I filed for when I turned 66. Then she can file for her benefits at age 70. Hers will be more than double what she is getting as a spouse. ...
by etarini
Thu Jun 23, 2016 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Lowering taxes at RMD time
Replies: 26
Views: 4467

Re: Lowering taxes at RMD time

Timely question. Michael Kitces just posted an article on that topic. You're on the right track with regard to optimizing the withdrawals: "Tax-Efficient Spending Strategies From Retirement Portfolios" https://www.kitces.com/blog/tax-efficient-retirement-withdrawal-strategies-to-fund-retirement-spen...
by etarini
Wed Jun 22, 2016 6:23 am
Forum: Personal Consumer Issues
Topic: Headphones, consumerism, and escalation of "needs"
Replies: 55
Views: 7524

Re: Headphones, consumerism, and escalation of "needs"

This is also relevant to the "spend now" vs. "spend later" that some savers on this forum have struggled with.

For me, the best way to have everything I need...is to need less.

I don't need the "best" wine or the "best" car.

Let the simplest solution suffice.

Eric
by etarini
Tue Jun 14, 2016 1:56 pm
Forum: Personal Consumer Issues
Topic: Reasonably Priced Red Wines
Replies: 47
Views: 5167

Re: Reasonably Priced Red Wines

I can beat all of those for price, but I'm not embarrassed. My grandfather made all his own wine - only red - so I grew up drinking good wine, but our family never spent much money. I buy the 5-liter cardboard box of Franzia Cabernet Sauvignon for $19.99 - which is the equivalent of 6.66 bottles, or...
by etarini
Fri May 13, 2016 3:37 pm
Forum: Personal Consumer Issues
Topic: Recall: Subaru 2015, 2016 & 2017 Legacy & Outback steering
Replies: 59
Views: 11119

Re: Recall: Subaru 2015, 2016 & 2107 Legacy & Outback steering

I didn't hear about it yesterday, but a buddy of mine sent me an email about the steering issue this morning. We're 300 miles from home, visiting family, so I called a local Subaru dealer and they were able to confirm by my VIN that my 2016 Outback, which I received on September 9, was not part of t...
by etarini
Thu Apr 28, 2016 8:18 pm
Forum: Investing - Theory, News & General
Topic: When to begin taking Social Security payments?
Replies: 31
Views: 2946

Re: When to begin taking Social Security payments?

If I were you, I'd think long and hard about longevity risk. Retirement might be a long time: "Rich People Are Living Longer. That’s Tilting Social Security in Their Favor." "What is new: It is becoming overwhelmingly evident that the life span gap between rich and poor is widening. A study publishe...
by etarini
Fri Apr 22, 2016 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Need feedback on our strategy for maximizing Social Security
Replies: 15
Views: 1928

Re: Need feedback on our strategy for maximizing Social Security

The quote dodecahedron referenced in the Quinn book is on page 43. I was writing up essentially the same point, but she beat me to it. The spouse who is NOT receiving the spousal benefit must either be taking his/her own benefit, or be eligible to file and suspend his/her own benefit, but the latter...
by etarini
Mon Apr 18, 2016 6:03 pm
Forum: Personal Consumer Issues
Topic: Door problems with new Subaru
Replies: 41
Views: 7216

Re: Door problems with new Subaru

I'm following this thread with great interest - and trepidation. Being both a Boglehead and having adjusted to a LBYM lifestyle out of necessity, I had never purchased a NEW car in my life, until I retired at 66 and purchased a 2016 Subaru Outback. All my doors shut nicely (sigh of relief). But I ha...
by etarini
Mon Apr 18, 2016 1:41 pm
Forum: Investing - Theory, News & General
Topic: Is Vanguard High-Yield Tax-Exempt really a high yield fund?
Replies: 12
Views: 2282

Re: Is Vanguard High-Yield Tax-Exempt really a high yield fund?

"High Yield" when applied to bonds can only mean one thing: the possibility of higher returns at a certainty of higher risk.

Eric
by etarini
Thu Apr 07, 2016 9:30 am
Forum: Investing - Theory, News & General
Topic: Has the inflation risk premium fallen? Is it now negative?
Replies: 22
Views: 4244

Re: Has the inflation risk premium fallen? Is it now negative?

Looks like folks at the Fed are all over this topic these days:

FRBSF Economic Letter

Differing Views on Long-Term Inflation Expectations April 4 2016

www.frbsf.org/economic-research/publica ... ectations

Eric
by etarini
Mon Mar 21, 2016 10:54 am
Forum: Investing - Theory, News & General
Topic: [Vanguard Core Bond Fund opens to investors]
Replies: 123
Views: 21604

Re: [Vanguard Core Bond Fund opens to investors]

I wonder what Mike Piper (Oblivious Investor) would say if someone asked him about the new Vanguard Core Bond offering... Oh, wait - someone did, and Mike has some interesting points: Evaluating Vanguard’s New Core Bond Fund http://www.obliviousinvestor.com/evaluating-vanguards-new-core-bond-fund/ E...
by etarini
Fri Mar 18, 2016 9:02 am
Forum: Personal Consumer Issues
Topic: email from Amazon: Critical Update for your kindle e-reader
Replies: 28
Views: 4779

Re: email from Amazon: Critical Update for your kindle e-reader

I got the Kindle for PC email this morning and downloaded the update onto 2 desktops and a laptop. We don't have actual Kindle devices - but we do have them on our Android phones. How do we update those - just leave them on WiFi and wait for it to happen? Unlike the Kindle for PC version, I wasn't a...
by etarini
Wed Mar 16, 2016 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: RMD and Charitable Contribution
Replies: 9
Views: 1351

Re: RMD and Charitable Contribution

from the IRS: Can a qualified charitable distribution satisfy my required minimum distribution from an IRA? Yes, your qualified charitable distributions can satisfy all or part the amount of your required minimum distribution from your IRA. For example, if your 2014 required minimum distribution was...
by etarini
Sat Mar 12, 2016 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: How to get a real Chip and Pin card?
Replies: 108
Views: 33321

Re: How to get a real Chip and Pin card?

Andrew Federal Credit Union has a card that has Chip and Pin. 0% foreign transaction fees and no annual fee. It annoyingly defaults to Chip and Sig if the reader allows it. I suspect many of these other cards do the same thing. I have a "real" chip and pin credit card from State Department Federal ...
by etarini
Thu Mar 10, 2016 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Divorced friend getting spousal, can she still do file and suspend?
Replies: 2
Views: 762

Re: Divorced friend getting spousal, can she still do file and suspend?

Thanks, Mike! Her advisor's suggestion didn't sound right, but I guess I was focusing on the more recent law changes and overlooked the more fundamental rule about the relative amounts of the two PIA's. In her case, back when she filed for ex-spousal benefits, she found out that her PIA was greater ...
by etarini
Wed Mar 09, 2016 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Divorced friend getting spousal, can she still do file and suspend?
Replies: 2
Views: 762

Divorced friend getting spousal, can she still do file and suspend?

A divorced friend of ours, at my suggestion, started taking spousal benefits soon after she reached her FRA (66) and is now 67, planning to wait for age 70 before she takes her own benefit. She has had some recent health issues in the past year, with a positive but uncertain prognosis. Her financial...
by etarini
Tue Mar 08, 2016 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Delayed Federal Tax Refund
Replies: 24
Views: 36563

Re: Delayed Federal Tax Refund

I filed state and federal on Feb 18 using TurboTax, with refunds on both. Received my state refund on Feb 23. Today, my status changed from the typical "within 21 days" to this dreaded message: "Your tax return is still being processed. A refund date will be provided when available." I retired at th...
by etarini
Mon Feb 29, 2016 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Does everyone really need to save $1 million for retirement?
Replies: 225
Views: 37813

Re: Does everyone really need to save $1 million for retirement?

If you look around, you can find people who'll tell you a million isn't nearly enough...

'Retirees Face Up to the 'Million-Dollar Illusion'

http://www.cnbc.com/id/100803102

Eric
by etarini
Sun Feb 21, 2016 12:32 pm
Forum: Investing - Theory, News & General
Topic: BMBIX (Baird Quality Intermediate Muni) paying ordinary dividends?
Replies: 7
Views: 1570

Re: BMBIX (Baird Quality Intermediate Muni) paying ordinary dividends?

I've seen this on my Vanguard consolidated statement since I first bought the Baird Intermediate Muni fund in January, 2011. It's always a similar fraction of a percent of total earnings. I guess I always just assumed that if it could have been reported as a transaction with a more favorable tax sta...
by etarini
Thu Feb 11, 2016 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: What is your decline in Net Worth as of today?
Replies: 96
Views: 14381

Re: What is your decline in Net Worth as of today?

My portfolio was at an all-time high as of Feb 8; haven't looked since then. I might look tomorrow morning, since I heard there was a big drop in the Dow. Maybe I'll hit another high. Of course, none of this is particularly remarkable - I'm around 10% stocks/90% bonds. I took Larry Swedroe's point t...
by etarini
Thu Feb 04, 2016 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Uber driving for extra income in retirement.
Replies: 31
Views: 4676

Re: Uber driving for extra income in retirement.

I don't know anyone who's done this, but there was a recent article in AARP announcing a partnership with Uber that you may or may not have already seen: " Life Reimagined, a wholly owned non-profit subsidiary of AARP, today announced a unique collaboration with Uber to provide flexible opportunitie...
by etarini
Sat Jan 30, 2016 5:54 pm
Forum: US Chapters
Topic: Master Thread for Metro Boston's Chapter
Replies: 413
Views: 125804

Re: Master Thread for Metro Boston's Chapter

I'll be there.

Thanks to Siamond for all the organizational work - and to the presenters for their contributions!

Eric
by etarini
Sun Jan 24, 2016 1:30 pm
Forum: Personal Consumer Issues
Topic: Vanguard Store Items
Replies: 69
Views: 10689

Re: Vanguard Store Items

4nursebee wrote:Nice mug.
Is it half empty or half full?
I don't know the answer to your question, but I have it on good authority from a famous Boglehead that it's exactly twice the size it needs to be.

Eric
by etarini
Fri Jan 22, 2016 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Brick and Mortar Bank in Massachusetts?
Replies: 31
Views: 2726

Re: Brick and Mortar Bank in Massachusetts?

We've had checking and savings accounts with Middlesex Bank since we moved to Framingham in 2003. We've also had a construction loan, home mortgage, and 2 home equity loans with them. They've done medallion signatures on two occasions when I needed them after my dad died. It's always been a pleasure...
by etarini
Mon Jan 11, 2016 9:25 pm
Forum: Personal Investments
Topic: social security file and suspend
Replies: 2
Views: 849

Re: social security file and suspend

Sorry to be the bearer of bad news. You will not be able to do a file and suspend, nor will you be able to file a restricted application to get a spousal benefit when you become 62, or any other age, for that matter. The Kotlikoff book is currently out of date, since the Bipartisan Budget Act of 201...
by etarini
Mon Dec 28, 2015 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 66857

Re: Changes to Social Security

My wife and I have the same Social Security plan as yours - I file and suspend, she takes a spousal benefit when she turns 66 next year, and we each wait until we're 70 to collect our worker benefit. I went down to my Social Security office on November 12, two days after I turned 66. As others have ...
by etarini
Sun Dec 13, 2015 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Please confirm: Medicare coverage
Replies: 39
Views: 3497

Re: Please confirm: Medicare coverage

I also agree that it's worth checking into supplemental insurance. Even though Medicare typically pays 80%, if you have a situation that is extremely costly (not as uncommon as you might wish), remember that 20% of a very large number could still be...a very large number. After transitioning from em...
by etarini
Wed Dec 09, 2015 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Medicare problems: advice needed
Replies: 18
Views: 1913

Re: Medicare problems: advice needed

Some links to the Medicare site: When & how to sign up for Part A & Part B https://www.medicare.gov/sign-up-change-plans/get-parts-a-and-b/when-how-to-sign-up-for-part-a-and-part-b.html Part A late enrollment penalty https://www.medicare.gov/your-medicare-costs/part-a-costs/penalty/part-a-late-enrol...
by etarini
Tue Dec 08, 2015 4:32 pm
Forum: Personal Consumer Issues
Topic: TSA pre-check enrollment, is it changing? [Yes, it has changed.]
Replies: 114
Views: 16966

Re: TSA pre-check enrollment, is it changing? [Yes, it has changed.]

Funny. I thought this was all about national security? Well, there's also this little consideration of moving countless thousands of air passengers through the system efficiently. And if you can get the "safe" people to pay a little extra for a genuine convenience while you're at it, then you're ki...
by etarini
Sun Dec 06, 2015 1:45 pm
Forum: Personal Consumer Issues
Topic: Jeans for short thin men.
Replies: 17
Views: 1883

Re: Jeans for short thin men.

Here's a link with some other options:

http://www.shortmenstyle.com/jeans.html

Eric
by etarini
Sun Dec 06, 2015 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Medicare number suffix
Replies: 2
Views: 536

Re: Medicare number suffix

Thanks for the information, Leeraar, it's more than useless trivia in my case. I was a T when I first signed up for Medicare, but when I did my file and suspend after turning 66 three weeks ago, they sent me a new card and I'm now an A. A week after I did the file and suspend at my local office, I c...
by etarini
Thu Nov 12, 2015 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: The Process of Applying for SS file and suspend
Replies: 12
Views: 1995

Re: The Process of Applying for SS file and suspend

I went to my local SS office this morning and did the file and suspend application. I told the nice young lady that I had just turned 66 on Tuesday, and that I wanted to file and suspend. She said that I didn't have to file and suspend to inform them that I wasn't taking my benefit at this time. I e...
by etarini
Fri Nov 06, 2015 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 66857

Re: Changes to Social Security

Even though my own situation is now clear, and I think I have a good handle on the new changes, I keep following this thread so that I might learn more. Every time I come back to look at it, there are several more situations that have already been addressed by Mike, as well as others. The incredible...
by etarini
Thu Nov 05, 2015 7:40 am
Forum: Personal Consumer Issues
Topic: Use the chip credit card in the US?
Replies: 20
Views: 2599

Re: Use the chip credit card in the US?

Our Walmart, Trader Joe's and Target now require that chip-capable cards be inserted, rather than swiped.

Eric
by etarini
Tue Nov 03, 2015 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 66857

Re: Changes to Social Security

I do admit that I'm looking forward to taking some time off to go climbing after finishing the project though. Yes, I agree with the previous posts - the volume (and quality) of your responses has been nothing short of phenomenal. You have done SO much for SO many! I thought we'd lost $60,000, but ...
by etarini
Tue Nov 03, 2015 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Consolidated 2016 Medicare Part B Increase thread
Replies: 111
Views: 6538

Re: Consolidated 2016 Medicare Part B Increase thread

I've been trying to find final Part B premiums that include IRMAA surcharges. I, too, am not sure that fedmsith has it right. Here's what I found in a Baird article, which seems to have updated premiums, since some of the amounts that fedsmith posted are the same as the estimated ones the Trustees p...
by etarini
Tue Nov 03, 2015 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 66857

Re: Changes to Social Security

There's a typographical (at least) error in the section 3) on divorced spouse benefits where he mentions working couples below age 62 claiming; see if you can find it. Are you referring to the following sentence: "Can working couples under age 62 do the same?" (i.e., "start collecting their full sp...
by etarini
Sat Oct 31, 2015 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security [Assistance requested]
Replies: 16
Views: 1879

Re: Changes to Social Security [Assistance requested]

Thanks, Mike, I was hoping that would be the answer!

Happy Halloween (even though a lot of people got "trick" instead of the "treat"!

Eric
by etarini
Sat Oct 31, 2015 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security [Assistance requested]
Replies: 16
Views: 1879

Re: Changes to Social Security [Assistance requested]

This should be a quick sanity check: The Wall Street Journal posted an updated article today, largely based on discussions with Michael Kitces, I presume. I think the WSJ has the italicized part wrong - that's the part that confused me previously, before I was saved by dodecahedron, tfb, and Mike Pi...
by etarini
Fri Oct 30, 2015 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Changes to SS regulations in new funding bill...
Replies: 154
Views: 14881

Re: Changes to SS regulations in new funding bill...

If you're both already age 62+, neither of you will be affected by the new deemed filing rules. And if you can (and do!) file and suspend within 180 days of enactment of the bill, you will not be subject to the new rules about voluntary suspension. As a result, you will still be able to file and su...
by etarini
Fri Oct 30, 2015 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Changes to SS regulations in new funding bill...
Replies: 154
Views: 14881

Re: Changes to SS regulations in new funding bill...

Wait - what? I've read so many articles and posts my head is spinning and I think I'm mixing up my deemed and my restricted. Let's see if I can sort this out: 1. Eric has to be able to file and suspend after age 66, but before deadline - check. 2. Susan has to be able to do restricted filing at age ...
by etarini
Fri Oct 30, 2015 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Changes to SS regulations in new funding bill...
Replies: 154
Views: 14881

Re: Changes to SS regulations in new funding bill...

If I am reading this and other sources correctly, this change is most likely going to happen. It greatly impacts my wife and me, we were going to wait until 70 and were set to receive $53,000 in spousal benefits, not an insignificant amount of money. My wife will be 66 in July of next year (2016), ...
by etarini
Tue Oct 27, 2015 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Consolidated 2016 Medicare Part B Increase thread
Replies: 111
Views: 6538

Re: When Social Security Benefits and Medicare Premiums Collide

Thanks for the update, tadamsmar!

Here's the link to the House discussion draft text:

http://docs.house.gov/billsthisweek/201 ... BUDGET.pdf

I'm also curious about the IRMAA amounts.

Eric
by etarini
Tue Oct 27, 2015 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Consolidated 2016 Medicare Part B Increase thread
Replies: 111
Views: 6538

Re: When Social Security Benefits and Medicare Premiums Collide

I wish I could time markets as well as I called this one! Since it is pending legislation, we don't yet know how well you called this one, but I wouldn't get too excited yet. For those who want to follow this outside Bogleheads, you might want to pay attention to the "Details" and "Prognosis" secti...