Search found 1587 matches

by Random Poster
Tue Apr 24, 2018 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 154
Views: 15074

Re: Can I retire at age 40?

Sounds like a bunch of nothing, but that's life at the end of the day. A series of moments and experiences that aren't necessarily productive or special in and of themselves. Having a job can keep you busy and distract you from that reality for a few decades . . . Well, that is a depressing thought...
by Random Poster
Wed Apr 18, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: Total Cost of Car Ownership over 10 years
Replies: 40
Views: 3191

Re: Total Cost of Car Ownership over 10 years

I'd just take the expected annual mileage and multiply it by the IRS mileage reimbursement/deduction rate, which is something around 53 cents a mile, I think... And then take that number, inflate it by 2% a year for each year you expect to have the car, and sum it all up. And then take that number, ...
by Random Poster
Wed Apr 18, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8080

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

1. SWR takes inflation into account. 2. Based on 4% SWR for 30 years, 2.5% SWR seems acceptable for 50 years. 3. You have no desire to leave an inheritance. (unless your portfolio does better) 4. You'll be getting social security at age 62 to 70. 5. You'll be on medicare at age 65 6. Hopefully you ...
by Random Poster
Tue Apr 17, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8080

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

How on earth would you arrive at that assumption for the asset allocation you propose? I don't think that I completely follow your statements. Are you asserting that a 50/50 portfolio cannot keep up with inflation, whether with or without any withdrawals from the portfolio? Are you asserting that w...
by Random Poster
Tue Apr 17, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8080

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Easy peasy. I get dividend income out of my retirement accounts every quarter and I have yet to make an IRA withdrawal nor have I changed my asset allocation. Buy in IRA with dividend proceeds, sell same etf in taxable. Pay long term capital gains on 'dividend' income. So---in a simplified world---...
by Random Poster
Tue Apr 17, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8080

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

You seem to be extraordinarily naive about inflation. How so? Shouldn't the underlying portfolio's balance increase (over time) in an amount equal to the inflation rate (over time), such that if I were to withdraw $75K plus inflation, the net effect is zero because I would effectively still have a ...
by Random Poster
Tue Apr 17, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8080

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Thanks to all who have responded. I appreciate the comments.
by Random Poster
Mon Apr 16, 2018 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8080

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Yes. My question would be is $75,ooo per year enough 30, 40, 50 years from now. I highly doubt it is, if 75k is appropriate today. I'm guessing you're planning on adjusting for inflation or using a 2.5% withdrawal rate - not a static 75k??? The answer would still be yes. Somewhere between $40k to $...
by Random Poster
Mon Apr 16, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8080

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

I would have no qualms whatsoever about taking an inflation-adjusted $75k/yr from a $6M nest egg. Well one qualm....I could easily afford a much higher standard of living. In all seriousness, I would hold 3-5 years of expenses in "riskless" cash equivalents (CDs, short-term treasuries, iBonds, what...
by Random Poster
Mon Apr 16, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8080

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Those are close enough to my numbers (age 51, planning to age 100, so 49 year horizon; targeted 3% withdrawal, currently sitting at 2.5% based on anticipated expense, recently started living off portfolio) that this is not a theoretical question for me. I am taking a leap of faith (or as much "evid...
by Random Poster
Mon Apr 16, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8080

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Of course. That's basically just spending dividends. Well, yes, I suppose, except that a portion of the dividends are being generated within the retirement accounts and are thus not easily accessible, and so I figure that one will have to sell some portion of the principal within the taxable accoun...
by Random Poster
Mon Apr 16, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3502
Views: 987855

Re: What Movie Have You Recently Watched?

I do not remember the title of the movie, but it was about the 3 US soldiers beating up a terrorist on a train from Brussels to Paris. My wife and I liked it. My lasting impression was to sit through 15 minutes of advertising, that was blasting at us. The same advertising which we see on TV, but he...
by Random Poster
Mon Apr 16, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8080

2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Background : * Assume that you have $3,000,000 invested, with $2,275,000 in a taxable account and $725,000 in a mix of IRAs (Roth, Traditional, and Rollover) and a 401k. * Assume that your total portfolio is invested 40% Total Stock Market, 10% Total International Stock Market, 23% in Intermediate ...
by Random Poster
Thu Apr 12, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: Farewell gift for office when quitting job?
Replies: 19
Views: 2434

Re: Farewell gift for office when quitting job?

A copy of The Bogleheads Guide to Investing?
by Random Poster
Wed Apr 11, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Help me choose a top law school!
Replies: 65
Views: 5710

Re: Help me choose a top law school!

Virginia or Georgetown. UVA would likely open more doors beyond what Georgetown would, but Georgetown's location might make landing a job in DC ever-so-slightly easier, as you might hear about a job opening earlier than you would in Charlottesville. ETA: What is the local school? If you really don't...
by Random Poster
Sat Apr 07, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: How often do you replace your office shoes?
Replies: 58
Views: 3480

Re: How often do you replace your office shoes?

I have also gotten about 8 years out of my last two pairs of Ecco's (indoor use mostly). I probably wear them about 150 days/year. They are very durable, but the pair I have had for the past year don't seem as comfortable as previous pairs. I feel the same way about the pair I bought a few months a...
by Random Poster
Fri Apr 06, 2018 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Car was totaled, next steps?
Replies: 18
Views: 867

Re: Car was totaled, next steps?

The insurance company has to replace what you have, not upgrade you. Well, yes, but.....what the OP has, or had, was a known entity. Getting another 2012 Ford Edge with 232,000 miles is not a known entity and fairly entails some risk in regards to how the car has been maintained and driven over the...
by Random Poster
Fri Apr 06, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: How often do you replace your office shoes?
Replies: 58
Views: 3480

Re: How often do you replace your office shoes?

I wear Ecco shoes at work, and walk about a mile to work every day.

My previous pair lasted about 7 years, through 100 degree heat and -30 cold and feet of snow. Towards the end, though, the sole was breaking apart and ripping and the shoes weren't all that comfortable anymore.
by Random Poster
Thu Apr 05, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: Tequila and Magaritas
Replies: 59
Views: 4420

Re: Tequila and Magaritas

denovo wrote:
Thu Apr 05, 2018 6:30 pm
I am not a snob, but I think the Costco Margaritas are all right.
Costco use to--and may still--sell a margarita wine. It tasted better than most restaurant margaritas and was a very good value.
by Random Poster
Mon Apr 02, 2018 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 90
Views: 10016

Re: Retire at 55, what's the magic number

All I can say is there will be a considerable number of people, assuming they follow their own advice, that are going to die with a mountain of assets having woefully underspent. Nothing wrong with that as long as you realize that is what you're doing. And I say this as a 60+ year old that retired ...
by Random Poster
Mon Apr 02, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3502
Views: 987855

Re: What Movie Have You Recently Watched?

Last Flag Flying, a dramedy by Carell, Cranston and Fishburne from Amazon. I enjoyed Steve Carrell as an actor and have not been disappointed. Politically it might not be everyone's cup of tea. As aside, the human drama and tragedy were handled rather delicately about the death of a son in the Iraq...
by Random Poster
Mon Apr 02, 2018 8:13 am
Forum: Personal Consumer Issues
Topic: Underrated places to visit in U.S.?
Replies: 126
Views: 11209

Re: Underrated places to visit in U.S.?

Once when I left Yellowstone NP and was traveling east through Cody, I arrived at Buffalo, Wy early in the day. That weekend was the Johnson County Fair and Rodeo http://johnsoncountyfairgrounds.com in Buffalo. I decided on the spur of the moment to attend the Rodeo. Now for $5 that was three hours...
by Random Poster
Wed Mar 28, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: New 2019 RAV4 is now out - looks good
Replies: 34
Views: 2688

Re: New 2019 RAV4 is now out - looks good

Looks a tad Subaru-esque to me.

Perhaps the love child of a Subie and a Ford EcoSport even...
by Random Poster
Mon Mar 26, 2018 2:43 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3502
Views: 987855

Re: What Movie Have You Recently Watched?

The Darkest Hour . I'd heard mixed things about this, but I enjoyed very much. Watched The Darkest Hour this weekend. The movie needed subtitles---I've been told that Churchill spoke English, but I can't confirm that to be true based solely from this movie. I also found the movie to be a tad boring...
by Random Poster
Fri Mar 23, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Brand Liquor
Replies: 58
Views: 5008

Re: Costco Kirkland Brand Liquor

rockonhumblepie wrote:
Fri Mar 23, 2018 3:07 pm
These are the States that "do not" sell booze at Costco:
....
Wyoming
I don't think that there is a Costco in Wyoming....
by Random Poster
Fri Mar 23, 2018 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Carryover Statement
Replies: 4
Views: 338

Re: Foreign Tax Carryover Statement

I don't fully understand your questions, but: You might have had a "regular tax" carryover statement and an "AMT" carryover statement. Or you may have a carryover statement that shows what credits are available for this year, and another carryover statement showing what credits are available for nex...
by Random Poster
Tue Mar 20, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 143
Views: 24896

Re: Where to buy a Vanguard hat? An Update and good news

It's not free. We all pay for them. :D Sorry about that :P Considering the above comments, it would be nice if Vanguard gave each of its Flagship clients one of these small items as a gift every year or so. I don't know what that would cost, but if Vanguard is giving away coffee mugs to random peop...
by Random Poster
Mon Mar 19, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Least Expensive Way to Comprehensively Learn Law
Replies: 22
Views: 1625

Re: Least Expensive Way to Comprehensively Learn Law

Pick up the "In a Nutshell" books on the standard 1-L classes: Contacts, Torts, Civil Procedure, Criminal, Criminal Procedure, and Constitutional. Maybe throw in an Evidence book too. You can probably find free pdf versions on the internet. Those will give you a very basic understanding of the law--...
by Random Poster
Mon Mar 19, 2018 2:02 pm
Forum: Personal Consumer Issues
Topic: Cargo Vans- suggestions
Replies: 10
Views: 944

Re: Cargo Vans- suggestions

Random Poster your cnet link doesn’t cover anything about the Ford Transit....wrong link? I’ve seen the transits, as some in the trades have used them, and thought they might be useful for travel with the furry ones. I’ve even seen links elsewhere where Transits are upgraded to a B-level van... but...
by Random Poster
Mon Mar 19, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: Cargo Vans- suggestions
Replies: 10
Views: 944

Re: Cargo Vans- suggestions

I'm seeing new 2017 model Nissan NV200 for about $16k, which seems like a good deal as new 2018s are going for $20k+ Read up on tire issues with the Nissan. Things may have changed, but finding replacement tires (with the appropriate load rating) for that vehicle was reportedly quite the challenge ...
by Random Poster
Fri Mar 16, 2018 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 187
Views: 18765

Re: Those with high savings rate: why?

I have one simply because I thought that it was a requirement in order to post on this forum.
by Random Poster
Mon Mar 12, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Need help on car decision: Honda CRV vs luxury car used
Replies: 62
Views: 4279

Re: Need help on car decision: Honda CRV vs luxury car used

I was speaking to a friend last night and he suggested for $30K, I can get an awesome lightly used SUV (2-3 years old, under 30K miles). I did some quick looks and did see some (Audi, Volvo, BMW and some others). I would never buy an off-warranty German car, unless it was a 1970's or early 1980's M...
by Random Poster
Mon Mar 12, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation once you've passed your "number"
Replies: 41
Views: 3542

Re: Asset Allocation once you've passed your "number"

When I hit what I think is my baseline number* I changed my asset allocation to 50/50, composed of 10% international, 40% total stock, and 50% of a mix of total bond and intermediate term tax exempt. With the recent run-up in stocks, I've pretty much just been buying bonds for the past 4 months and ...
by Random Poster
Mon Mar 12, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Form 1116 Foreign Tax Credit
Replies: 3
Views: 411

Re: TurboTax Form 1116 Foreign Tax Credit

The tax credit from Form 1116 goes on line 48 of Form 1040.

The tax credit from AMT Form 1116 goes on Line 32 of the AMT Form 6251.
by Random Poster
Mon Mar 12, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Big Work Trip - Looking for Ideas
Replies: 15
Views: 1462

Re: Big Work Trip - Looking for Ideas

I'd advise keeping things simple and not try to hit every sight or country in SE Asia on a different day. To that end: Spend 2 (or maybe 3) days in Sydney after the meetings. Go to the Blue Mountains (take the train), spend a day (or a half) at Manly, and another day (at most) just touring around Sy...
by Random Poster
Fri Mar 09, 2018 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Can I take an 85+% pay cut for fun?
Replies: 80
Views: 9103

Re: Can I take an 85+% pay cut for fun?

OP - if your gross salary in dream job is $35k, you are going to spend more than $100k from portfolio if “net spend” is $135k. You may think of portfolio as being $2.7 million but thinking is faulty - you are age 45, earliest you can begin tapping is age 55 and only if you have actually “retired” i...
by Random Poster
Fri Mar 09, 2018 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Can I take an 85+% pay cut for fun?
Replies: 80
Views: 9103

Re: Can I take an 85+% pay cut for fun?

OP - if your gross salary in dream job is $35k, you are going to spend more than $100k from portfolio if “net spend” is $135k. You may think of portfolio as being $2.7 million but thinking is faulty - you are age 45, earliest you can begin tapping is age 55 and only if you have actually “retired” i...
by Random Poster
Thu Mar 08, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Any tax advantages to holding vested RSUs for a year?
Replies: 7
Views: 743

Re: Any tax advantages to holding vested RSUs for a year?

Any gains or losses between the vest price and your sales price become long term. That's it. Vest price is still taxed as regular income. Got it - so if I don’t want to hold the stock, then best policy is just to sell it immediately and invest the proceedings, right? Yes, but if you have additional...
by Random Poster
Mon Mar 05, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Are you ready for Amazon checking?
Replies: 42
Views: 6032

Re: Are you ready for Amazon checking?

I wonder if the account will always offer an interest rate equal to the Prime rate....
by Random Poster
Thu Mar 01, 2018 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Updated IRS Withholding Calculator Released
Replies: 32
Views: 3105

Re: 2018 Updated IRS Withholding Calculator Released

Do these numbers look accurate or should I be reflecting the bonus differently? Is $55,000 the correct figure to use or should I subtract the pre-tax benefits? I'm concerned that I should drop withholding to "3" or potentially face an underpayment. I don't know if it makes any difference in the end...
by Random Poster
Wed Feb 28, 2018 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 18993

Re: What was your % pay raise?

No raise for the previous 3 years, then got a 2.5% raise.

By my math, that means I make less now than I did 4 years ago, so I've compensated by reducing the amount of time that I'm at the office.
by Random Poster
Wed Feb 28, 2018 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Conversions, the ACA, and Dividend/Interest Income
Replies: 9
Views: 718

Re: IRA Conversions, the ACA, and Dividend/Interest Income

At a certain point, a large enough taxable portfolio will just take you out of subsidy range for any appropriate investment mix (unless you went all BRKA, but then, what are you living on). That's life. You can also end up stuck if you taxable portfolio is all tied up with large cap gains, so you c...
by Random Poster
Wed Feb 28, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Conversions, the ACA, and Dividend/Interest Income
Replies: 9
Views: 718

IRA Conversions, the ACA, and Dividend/Interest Income

The recent thread* by Sandtrap regarding his travails with having an AGI just barely over the threshold amounts for ACA-subsidy eligibility has got me wondering: Is it possible to have saved too much that one becomes unable to perform any meaningful IRA conversions and still remain eligible for ACA-...
by Random Poster
Wed Feb 28, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: What age is too old to stop hostelling?
Replies: 54
Views: 5113

Re: What age is too old to stop hostelling?

In New Zealand, I routinely saw people in their 60s staying in hostels and no one seemed to be the slightest bit fazed about it. Hostels in Australia tended to be populated only by those below the age of 28 or so, but the hostels in Australia tended to attract that sort of crowd, as they were often ...
by Random Poster
Wed Feb 28, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 143
Views: 24896

Re: Where to buy a Vanguard hat? An Update and good news

It's not free. We all pay for them. :D Sorry about that :P Considering the above comments, it would be nice if Vanguard gave each of its Flagship clients one of these small items as a gift every year or so. I don't know what that would cost, but if Vanguard is giving away coffee mugs to random peop...
by Random Poster
Tue Feb 27, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: Replacing prescription Oakley lense
Replies: 4
Views: 417

Re: Replacing prescription Oakley lense

Might not be an issue for you, but every time I try to change out the lenses in my frames, the optical place claims that there is a risk that the frames will break and that they won't be responsible for any such breakage. I don't know how often such breakage occurs, but the optical people certainly ...
by Random Poster
Mon Feb 26, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation and Expense Multiple for those Retired 50+ Years
Replies: 2
Views: 293

Asset Allocation and Expense Multiple for those Retired 50+ Years

For those who retired early (namely, those who expect to have a 50+ year retirement) or for those who plan to do so, I'm curious: 1) What your asset allocation upon retirement was (or is); and 2) How many years of expenses did you have in investable assets upon retirement. If you wish to disclose wh...
by Random Poster
Sat Feb 24, 2018 4:17 pm
Forum: Personal Consumer Issues
Topic: manual typewriters?
Replies: 40
Views: 1721

Re: manual typewriters?

Maybe Tom Hanks could give some advice?

Or, perhaps more easier for the OP, something that is mentioned or shown in this segment on the matter:

https://www.cbsnews.com/video/tom-hanks ... nthusiast/
by Random Poster
Fri Feb 23, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: How Do People Without Computer Access Prepare and File Their Taxes?
Replies: 53
Views: 3113

Re: How Do People Without Computer Access Prepare and File Their Taxes?

How do you plan to post on this site without a computer? Perhaps an iPad or other tablet? I think TurboTax and similar apps are available to you then. Or you could presumably use the browser interface of TurboTax Online. Likely by using an iPad, but reading (and occasionally posting) on a forum isn...