Search found 1504 matches

by Random Poster
Thu Jan 18, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: IRS form 8606
Replies: 2
Views: 305

Re: IRS form 8606

I don't.

The IRS seems to be releasing the 2017 version of forms and instructions on a drip-by-drip basis. The 1040 was only released a few days ago, and the instructions came later, as I recall.
by Random Poster
Thu Jan 18, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 33613

Re: Year 2000 retirees using the '4% rule' - Where are they now?

Now, actually walking away once you've got to that 50x number is a completely different matter altogether.... LOL.... Walking away is easy.. It's GETTING to 50x expenses that's crazy hard. I disagree, particularly when it comes to slightly-above-average or higher-earners. Using our 6-year average s...
by Random Poster
Wed Jan 17, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 33613

Re: Year 2000 retirees using the '4% rule' - Where are they now?

Wow. We are now worried that a 2% withdrawal rate might be risky?!? I suspect the odds are higher that one would be killed in a car accident driving back and forth to work in the years it takes to go from 40x to 50x than the odds that 40x would cause someone to run out of money in their lifetime. I...
by Random Poster
Wed Jan 17, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 33613

Re: Year 2000 retirees using the '4% rule' - Where are they now?

Have a look at the work done on Early Retirement Now for long retirement withdrawals - https://earlyretirementnow.com/2016/12/07/the-ultimate-guide-to-safe-withdrawal-rates-part-1-intro/ 30 year retirements at 4% WR have a number of scenarios where you just barely skid past the 30 year mark with no...
by Random Poster
Thu Jan 11, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: anyone else enjoying an afternoon nap in retirement?
Replies: 19
Views: 1782

Re: anyone else enjoying an afternoon nap in retirement?

Why must one be retired to enjoy an afternoon nap?

I tend to take one daily from 12:15 to 12:50 in my office.
by Random Poster
Thu Jan 11, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Wills and Trusts - what are you doing for the "immediate family all gone" scenario?
Replies: 8
Views: 587

Re: Wills and Trusts - what are you doing for the "immediate family all gone" scenario?

This is something that I've been thinking about as well. At some level, if you bequeath your estate to cousins, nieces, nephews, etc., you get to the point where those people may not (i) even really know who you are; and (ii) be of an age to accept such a bequest or know what to do with it. Part of ...
by Random Poster
Wed Jan 03, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: How to Get Money Out of One's Investments for a Early Retiree
Replies: 24
Views: 1996

Re: How to Get Money Out of One's Investments for a Early Retiree

Hi Random Poster, Thanks for posting this. Have you given much thought to what AA you would use going forward should you retire early? And if so, do you go more conservative in taxable and more aggressive in tax-advantaged accounts? What would your AA numbers be? Thanks. My current asset allocation...
by Random Poster
Tue Jan 02, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: How to Get Money Out of One's Investments for a Early Retiree
Replies: 24
Views: 1996

Re: How to Get Money Out of One's Investments for a Early Retiree

Let's assume that you have enough space to generate 100K worth of long-term capital gain and pay 0% tax this year. But, you do not need the money for this year. Let's say you have 200K worth of mutual fund A and the cost basis is 100K. So, you sell 200K of this mutual fund A and generate 100K of lo...
by Random Poster
Tue Jan 02, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: How to Get Money Out of One's Investments for a Early Retiree
Replies: 24
Views: 1996

Re: How to Get Money Out of One's Investments for a Early Retiree

retiredjg wrote:
Tue Jan 02, 2018 11:09 am
What's the point of "not to sell anything from any account if at all possible".
Because by selling a share of something, that share can no longer generate a dividend or an interest payment, and I'd prefer to keep all of my potential earnings options open.
by Random Poster
Tue Jan 02, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: How to Get Money Out of One's Investments for a Early Retiree
Replies: 24
Views: 1996

Re: How to Get Money Out of One's Investments for a Early Retiree

1) Which IRA/401K do you refer to? Roth IRA? Trad. IRA? Roth 401K? Trad. 401K? My wife and I each have a Roth IRA and a Traditional IRA. I also have a traditional 401k. The collective balance of all of those account is, for purposes of my question, $800,000. 2) Why would you want to take money out ...
by Random Poster
Tue Jan 02, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: How to Get Money Out of One's Investments for a Early Retiree
Replies: 24
Views: 1996

How to Get Money Out of One's Investments for a Early Retiree

Background : Let's assume that you are 40 years old and have $3,000,000 in investments. $800,000 is in IRAs and a 401k, and $2,200,000 is in a taxable account. You desire to receive $60,000 a year (or 2%) in income from your investments, and you would really prefer not to sell anything from any acc...
by Random Poster
Sun Dec 24, 2017 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Securing Law School Scholarships
Replies: 36
Views: 2470

Re: Securing Law School Scholarships

Once you get accepted at a school that you want to attend, meet the professor(s) who teach the subjects that really interest you, ask them how to become one of their research assistants, and see if they can get you a scholarship or increase the amount of one that you already have. It worked for me, ...
by Random Poster
Wed Dec 20, 2017 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48911

Re: Tax Bill Omnibus Thread

Boy I surely hope your suspicion is terribly wrong, when I reviewed the full bill (a month ago, so not very up to date), the AMT credit was still there. Otherwise it would be a terrible mess, meaning that when you finally sell the exercised shares you'd have to pay the gain taxes for a second time?...
by Random Poster
Wed Dec 20, 2017 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48911

Re: Tax Bill Omnibus Thread

My question for you is: does that practically mean that, since my W2 income level for 2018 will stay the same, I will essentially be able to recoup a large amount of this 50k next year because of the AMT tax credit I will generate this year, and the much lower amount of AMT that will be generated n...
by Random Poster
Wed Dec 20, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: Question re: Funeral
Replies: 18
Views: 2114

Re: Question re: Funeral

I was under the impression that GoFundMe takes a cut of the contributions.

To avoid a reduction in the donated amount, what about setting up an account at a local bank to accept donations instead (presuming that the bank doesn't charge any fees or takes a cut of the money too)?
by Random Poster
Thu Nov 30, 2017 12:39 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11602

Re: After financial independence, do you lose motivation for work?

Another encouraged thinking of your day as simply a series of activities. What if the money you got every month wasn't connected to your activities. How would they change? This concept doesn't make any sense to me. If I received $5,000 a month simply as a consequence of being alive and getting out ...
by Random Poster
Thu Nov 30, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11602

Re: After financial independence, do you lose motivation for work?

mak1277 wrote:
Thu Nov 30, 2017 9:03 am
I'm not saying accountants are not *necessary*, I'm just saying that nobody is going to miss my contribution if I quit my job (same goes for all other accountants in the history of time).
But see Itzhak Stern.
by Random Poster
Mon Nov 27, 2017 2:33 pm
Forum: Personal Consumer Issues
Topic: Amica Increase
Replies: 21
Views: 1853

Re: Amica Increase

AMICA increased the premiums for my car insurance by around $100 (or about 16%) and umbrella by around $20 (or about 10%), but decreased the renter's insurance by a few dollars. All for policies in Texas, and I have not made any claims. The dividend on the umbrella and renters' insurance was cut by,...
by Random Poster
Thu Nov 09, 2017 3:28 pm
Forum: Personal Consumer Issues
Topic: Best Approach for Purchasing Many Furnishings
Replies: 27
Views: 1885

Re: Best Approach for Purchasing Many Furnishings

If you aren't picky about such things, you can often find decent plates, glasses, and basic baking tools (dishes, cookie sheets, etc) at Goodwill. If you don't plan on living in the apartment for very long and don't want to be attached to much, consider buying some outdoor-type furniture and using t...
by Random Poster
Thu Nov 09, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: what pickup truck
Replies: 65
Views: 5339

Re: what pickup truck

I'd suggest one that doesn't get stuck.

Based on this fine song from Corb Lund, I'm not sure what brand is best at avoiding such a pitfall. Perhaps something Japanese?
by Random Poster
Wed Nov 01, 2017 8:44 am
Forum: Personal Finance (Not Investing)
Topic: HSA calculator and choosing health plan
Replies: 6
Views: 914

Re: HSA calculator and choosing health plan

My concern with the HSA calculators (whether online or the one that is provided by my employer) is that the estimated price for drugs and doctor visits seems awfully low to me---such that they tend to skew the end numbers to favor the HSA plan. If you manipulate the drug/doctor visit prices (presumi...
by Random Poster
Wed Nov 01, 2017 8:39 am
Forum: Personal Finance (Not Investing)
Topic: HSA or PPO When Possibly Leaving Employer and Going on the ACA Exchange
Replies: 4
Views: 485

Re: HSA or PPO When Possibly Leaving Employer and Going on the ACA Exchange

Premiums, no. . . . You can use your HSA to pay premiums . . . Note that if you leave the high-deductible plan mid-year . . . . Thanks. The proration and uncertainty of whether the ACA insurance would be HSA qualified all seems to be rather complicated. It might cost me more money, but I'm leaning ...
by Random Poster
Tue Oct 31, 2017 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: HSA or PPO When Possibly Leaving Employer and Going on the ACA Exchange
Replies: 4
Views: 485

HSA or PPO When Possibly Leaving Employer and Going on the ACA Exchange

My employer is offering, among other plans, a HSA (and CDHP) health insurance plan and PPO health insurance plan. I've never had a HSA/CDHP insurance plan before. The monthly premiums for the CDHP are half of what the PPO premiums are, but the annual deductible for the CDHP is 3 times as much as the...
by Random Poster
Thu Oct 26, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 16150

Re: 2018 ACA rates now live....

You apparently are not subsidized. If not, get a quote for a silver plan off of the exchange. You will find that if you buy the same silver plan off of the exchange, it did not go up anywhere near 31.4% to 49.8% that you see on the exchange. For the reason, see my previous post. Excuse my ignorance...
by Random Poster
Thu Oct 26, 2017 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 20857

Re: Let's talk about your FI # and family income [Financial Independence]

I'm seeing a lot of FI numbers in the $2.5 to $3 million range. I wonder how many people will increase that number once they hit their goal---whether because they now are concerned that their original number isn't truly enough for financial independence, or because they want a bit of a safety cushio...
by Random Poster
Tue Oct 10, 2017 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Corrected Consolidated 1099 from Vanguard - Help!
Replies: 11
Views: 1177

Re: Corrected Consolidated 1099 from Vanguard - Help!

I recently received a corrected Consolidated Tax Information Statement from Vanguard dated 08/18/2017! Has anyone received a corrected form this late in the year? Why, yes, I have. Vanguard recently issued me a Corrected Tax Information Statement for a brokerage account dated September 22, 2017. Ir...
by Random Poster
Wed Sep 20, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Letter For Survivor(s) / Executors
Replies: 10
Views: 1457

Re: Letter For Survivor(s) / Executors

Is this what you are looking for?

viewtopic.php?t=198919
by Random Poster
Thu Sep 14, 2017 11:28 am
Forum: Personal Consumer Issues
Topic: Are Cotton Blankets Good For Winter?
Replies: 21
Views: 1850

Re: Are Cotton Blankets Good For Winter?

heybro wrote:
Thu Sep 14, 2017 4:14 am
I like the idea of cotton because it is cuddly soft and natural.
As is a Buffalo hide.

Consider using one of those instead.
by Random Poster
Fri Sep 08, 2017 8:08 am
Forum: Personal Finance (Not Investing)
Topic: What is the main purpose of holding your current job?
Replies: 66
Views: 6215

Re: What is the main purpose of holding your current job?

5. I'm not sure what else to do at the moment.
by Random Poster
Wed Sep 06, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Variable Percentage Withdrawal
Replies: 13
Views: 1521

Re: Variable Percentage Withdrawal

The withdrawal percentage rates seem high to me....

Perhaps the method is sound, but reducing the withdrawal rates by 1% or 1.5% would provide more security for the withdrawer?
by Random Poster
Wed Aug 30, 2017 11:34 am
Forum: Personal Consumer Issues
Topic: Companies/Brands You Love?
Replies: 157
Views: 11219

Re: Companies/Brands You Love?

Surprised that no one has yet mentioned Vanguard.

ETA: And since Vanguard is owned by its investors, doesn't that mean that, if you are Vanguard investor, you love yourself?
by Random Poster
Thu Aug 24, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"
Replies: 119
Views: 15262

Re: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"

I was mainly just trying to stress that there was another well respected researcher who implied sub 3% withdrawal rates, regardless of age, are overkill (which for some reason I get irrationally riled up about whenever I see them discussed here). I think that it is reasonably easy to talk about liv...
by Random Poster
Tue Aug 22, 2017 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: What is your cash reserve limit, above which you invest?
Replies: 25
Views: 2887

Re: What is your cash reserve limit, above which you invest?

$450,000, plus around $50,000 in a checking account for a year's worth of expenses that gets drawn down over the year (and then replenished when it gets down to the low thousands).
by Random Poster
Tue Aug 22, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: Advice on visit to Yosemite
Replies: 38
Views: 4058

Re: Advice on visit to Yosemite

dowse wrote:
Wed Oct 19, 2016 3:41 pm
Just wanted to follow up on our now completed trip.
I'm also considering going to Yosemite the last week of this September. How were the crowds in the valley during your trip?
by Random Poster
Sat Aug 19, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: Trip to Banff / Lake Louise / other places
Replies: 34
Views: 3855

Re: Trip to Banff / Lake Louise / other places

Takakkaw Falls in Yoho National Park, just west of Lake Louise in B.C.

The falls are more impressive in the early summer, but I enjoy seeing them and hiking around the area whenever the road is open.
by Random Poster
Fri Aug 18, 2017 7:56 am
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 431
Views: 67220

Re: Forum software upgrade bug reports and change requests

Is there a way for users to change the notification icon from red to something else? Likewise with the red page icons that show up next to some threads? The blue theme of Bogleheads is relaxing and conducive to good thought. The red is alarming. Agreed. I find the whole update makes the forum somew...
by Random Poster
Thu Aug 17, 2017 11:42 am
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 13546

Re: Is it worth it? [demanding jobs vs time with family]

I would like to ask everyone on this board who has been there, done that (or is currently doing it)...was it worth it to you to work hard in your thirties (and beyond) with young children so that you would have long term financial security? I know there are many successful people on this board so I...
by Random Poster
Wed Aug 16, 2017 2:34 pm
Forum: Personal Consumer Issues
Topic: If you received robocalls from cruise lines
Replies: 13
Views: 1819

Re: If you received robocalls from cruise lines

My number wasn't listed in the settlement when I inserted it in XXX-XXX-XXXX format, but it was when I removed the dashes.
by Random Poster
Thu Aug 10, 2017 1:13 pm
Forum: Personal Consumer Issues
Topic: Best at Home Safe
Replies: 24
Views: 2122

Re: Best at Home Safe

bertilak wrote:We also had a large, heavy, safe stolen. . . . .
bertilak wrote:We also had a large, heavy, safe stolen. . . . .
I have to admit that I find the duplicate posting to be humorous, given your signature line.

[Apologize for the side-comment, but I presumed that it would be "safe" to make...]
by Random Poster
Thu Aug 10, 2017 12:59 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 7366

Re: What Percentage CASH are you?

13.8% or so. It is my house, furniture, car, emergency fund, all rolled up. Umm... what's % is for EF? The emergency fund is roughly 11.11% of the total cash amount. House, furniture, car, by definition, are not cash. They are living expenses with up front cash outlays. If you sell your house for c...
by Random Poster
Thu Aug 10, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 7366

Re: What Percentage CASH are you?

13.8% or so. It is my house, furniture, car, emergency fund, all rolled up.
by Random Poster
Tue Aug 08, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 19311

Re: Life at crossroads. What would you do ?

What is your spouse's take home pay? Or, said differently, how much of the $100k yearly expense does their paycheck cover? And how long will the $100k yearly expense keep running? If the expenses should wind down in a few years, and the spouse's income takes care of half of the $100k, you might be a...
by Random Poster
Mon Aug 07, 2017 1:38 pm
Forum: Personal Consumer Issues
Topic: Santa Fe New Mexico - recommendations
Replies: 26
Views: 2245

Re: Santa Fe New Mexico - recommendations

Palacio Cafe, on East Palace, in downtown Santa Fe. Just a bit diagonal from the Cathedral and across from the Drury Inn. Service can be slow, but the owner and his wife are very friendly and the food is very reasonably priced. If you want New Mexican food, they have (some) of it. The green chile st...
by Random Poster
Sat Aug 05, 2017 1:29 pm
Forum: Personal Consumer Issues
Topic: belts for dress pants
Replies: 37
Views: 2849

Re: belts for dress pants

Brooks Brothers. I've worn a brown leather one about 3 times a week for around 7 or 8 years now and it hasn't creased, split, frayed, or buckled yet.
by Random Poster
Sat Aug 05, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One -- Again!
Replies: 59
Views: 11928

Re: Capital One -- Again!

I haven't had any issues (yet) with their credit card, but I have withdrawn all of my cash from the checking/saving/money market accounts. It became increasingly difficult to add a joint owner to the account, their IT security continually was wanting to send me one-time codes to access my accounts, ...
by Random Poster
Mon Jul 31, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Say Bye Bye To Wells Fargo Advisors?
Replies: 30
Views: 3611

Re: Say Bye Bye To Wells Fargo Advisors?

My current thought process is to liquidate the current holdings at WF, move the cash to Vanguard, and buy their funds - but that brings even more questions. Will there be a tax liability? What fund(s) do I put the $ for each account into? And so on. If you transfer the holdings in-kind to Vanguard ...
by Random Poster
Sat Jul 29, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate your retirement number
Replies: 95
Views: 10293

Re: How to calcuate your retirement number

Take my annual expenses (averaged over the last 5 years), multiply by 1.25%, round that number up to nearest $5,000 (so $63,750 becomes $65,000), and multiply that number by 40 to get a minimum retirement number. Note, though, that I'm 40 and would like to retire tomorrow, hence the somewhat large m...
by Random Poster
Fri Jul 28, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Awarded stock; sell and diversify?
Replies: 27
Views: 1412

Re: Awarded stock; sell and diversify?

The only time that I don't sell vested stock immediately is if the stock is trading at a price lower than the vesting price and I'm due to receive more stock within 30 days. But once the 30-day period runs, or the price is higher than the vest price, I sell.