Search found 306 matches

by bb
Sat Oct 12, 2019 11:36 am
Forum: Personal Consumer Issues
Topic: Overland brand slippers for cold feet?
Replies: 17
Views: 1302

Re: Overland brand slippers for cold feet?

If you are looking for good cushion I bought slippers from Olukai (good cushion + fuzzy inside). I didn't want a fuzzy inside because for me they are too warm but couldn't find (good cushion + non-fuzzy inside) - so (good cushion + fuzzy inside) won out. They have a very substantial removable cushion.
by bb
Sat Feb 16, 2019 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: A different kind of midlife crisis
Replies: 60
Views: 7431

Re: A different kind of midlife crisis

How many failed? Due to what circumstances? How many failed and how many were successful? What was the outcome of the failed business? In what countries were each of these business's? I don't think anyone needs the 3'rd degree for stating an opinion. Both parties responded to the OP's request. That...
by bb
Sun Feb 03, 2019 4:46 pm
Forum: Investing - Theory, News & General
Topic: investing in short term treasury vs CDs
Replies: 17
Views: 1766

Re: investing in short term treasury vs CDs

Which one is a better investment?
by bb
Sun Feb 03, 2019 12:12 pm
Forum: Investing - Theory, News & General
Topic: investing in short term treasury vs CDs
Replies: 17
Views: 1766

Re: investing in short term treasury vs CDs

If short term treasury and CDs have about the same yield, and if principal and interest is protected for a CD aren't CDs a superior investment?
by bb
Sat Feb 02, 2019 6:18 pm
Forum: Investing - Theory, News & General
Topic: investing in short term treasury vs CDs
Replies: 17
Views: 1766

Re: expected return of short term treasuries vs CDs

Sorry - I was thinking of a short term treasury fund - so value will fluctuate - which I was equating to safety or volatility - as compared to a CD. And also if interest rates go down presumably value of fund would go up - so that is why I used the word expected. Note - not that I am using correct l...
by bb
Sat Feb 02, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: investing in short term treasury vs CDs
Replies: 17
Views: 1766

investing in short term treasury vs CDs

Is the expected return of short term treasuries and CDs about the same?
Does the FDCIC insurance equate to higher safety or just lower volatility?
by bb
Sun Dec 30, 2018 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Selling stock for dummies
Replies: 7
Views: 524

Re: Selling stock for dummies

Yes I abbreviated Forture 500 as F500.

Sorry for the confusion.
by bb
Sun Dec 30, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Selling stock for dummies
Replies: 7
Views: 524

Selling stock for dummies

Accumated few hundred shares of F500 (Fortune 500) stock and want to sell. Assume market order is fine for F500 stock? Assume it is of no benefit to break order up into 2 orders - 1 that is a integer multiple of 100 and then 1 that is not?
by bb
Mon Dec 24, 2018 12:01 am
Forum: Personal Investments
Topic: Sell IBM? Am I timing the market?
Replies: 11
Views: 993

Re: Sell IBM? Am I timing the market?

I wouldn't walk to the exits - I would run. Generally one train of thought is if you didn't own it already would you be a buyer today - if the answer is no then sell. Watson seems like a bust. They don't seem to be a leader in the cloud business. It is not clear to me even if IBM was a leader in eme...
by bb
Tue Nov 27, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: Does 100% stocks make sense for very high net worth individuals
Replies: 126
Views: 13854

Re: Does 100% stocks make sense for very high net worth individuals

I am sure need could be expanded to need or desire.
by bb
Sun Oct 14, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: Newer Steelcase Task Chairs
Replies: 11
Views: 1066

Re: Newer Steelcase Task Chairs

Amia Leap Gesture Think It is actually a difficult item to buy. If you aren't happy with big box selection then you are dealing with a business that sells to other businesses. Since everything is custom ordered and built places somewhat close to me generally don't stock a whole lot of stuff to even ...
by bb
Sun Oct 14, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: Newer Steelcase Task Chairs
Replies: 11
Views: 1066

Re: Newer Steelcase Task Chairs

Nobody?
by bb
Sat Oct 13, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: Newer Steelcase Task Chairs
Replies: 11
Views: 1066

Newer Steelcase Task Chairs

Anybody have any experience with any of the newer Steelcase Task Chairs at home or work? Any good sites for either new or used?
by bb
Wed Oct 10, 2018 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: If I retire to a State that has no State taxes...
Replies: 46
Views: 7848

Re: If I retire to a State that has no State taxes...

Gill wrote:
Wed Oct 10, 2018 8:45 pm
Also, the income tax laws of your old state may have a bearing on whether you can then escape that state’s tax on distributions.
Gill
My understanding is that is not true.
by bb
Thu Sep 20, 2018 8:42 pm
Forum: Personal Investments
Topic: Im going to die somewhere between Bankruptcy and $20 million
Replies: 46
Views: 10064

Re: Im going to die somewhere between Bankruptcy and $20 million

If you continue to be a decent saver and not a big spending I don't see how you won't make out ok unless there is a doomsday scenario. But if that happens how exactly do you think you could protect yourself?
by bb
Sat Sep 08, 2018 3:19 pm
Forum: Personal Consumer Issues
Topic: Buying a new Toyota Camry. What extra options if any?
Replies: 70
Views: 5491

Re: Buying a new Toyota Camry. What extra options if any?

Don't drive the v6 - it isn't an option on the LE. And after you
drive a v6 it is hard to want the 4 cylinder.
by bb
Tue Aug 07, 2018 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Personal liability issues as a result of hiring uninsured & unlicensed handyman
Replies: 38
Views: 5270

Re: Personal liability issues as a result of hiring uninsured & unlicensed handyman

Wouldn't the owner of the home have to somehow be negligent of something to win a judgement against? If I go to my neighbors house, clime a tree and fall out are you saying no jury would argue I was responsible for my actions? Not at all?
by bb
Wed Jul 25, 2018 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Passing the second SSA Bend Point - Reversible?
Replies: 53
Views: 5575

Re: Passing the second SSA Bend Point - Reversible?

If past wages and the bend points use the same indexing I don't see how once you meet the 2'nd bend point you could ever not meet it at some point in the future.
by bb
Sun Jun 24, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 50: Should I?
Replies: 93
Views: 14257

Re: Retire at 50: Should I?

The issue of health care seems somewhat unsolvable. I don't get the impression that most companies want folks sticking around until 65 at which point they are eligible for medicare.
by bb
Wed May 16, 2018 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 600
Views: 50316

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Not definitive but I always assumed having to pay too much taxes when retired would be a good problem to have.
by bb
Wed May 16, 2018 5:38 am
Forum: Personal Consumer Issues
Topic: Planned Summer trip to the Finger Lakes. Suggestions?
Replies: 8
Views: 1069

Re: Planned Summer trip to the Finger Lakes. Suggestions?

Nestegg_User wrote:
Tue May 15, 2018 10:52 pm
Thousand Islands ????

that’s nowhere near the Finger Lakes region
jkushne1 wrote:
Tue May 15, 2018 7:06 pm
Or if not the finger lakes, somewhere else
by bb
Tue May 15, 2018 10:15 pm
Forum: Personal Consumer Issues
Topic: Planned Summer trip to the Finger Lakes. Suggestions?
Replies: 8
Views: 1069

Re: Planned Summer trip to the Finger Lakes. Suggestions?

Wineries are something to do along the Finger Lakes - although not sure that meets your kid friendly definition. Both Ithaca and Watkins Glenn have nice gorges. Ithaca is college town with Cornell University there and is nice for a visit. Not sure about staying a week in any one place but Corning ha...
by bb
Fri May 04, 2018 6:20 pm
Forum: Investing - Theory, News & General
Topic: LMP vs 3-Fund SWR
Replies: 7
Views: 842

Re: LMP vs 3-Fund SWR

LMP - Liability Matching Portfolio.

I realize SWR is a guideline - but for those of us retiring with our own investments we all have to eat. So there is an assumed floor that one cannot go below. If you read between the lines I have suggested a flexible withdrawal strategy.
by bb
Fri May 04, 2018 4:53 pm
Forum: Investing - Theory, News & General
Topic: LMP vs 3-Fund SWR
Replies: 7
Views: 842

LMP vs 3-Fund SWR

So if scenario #1 is 3 fund portfolio, 2% would cover needs, 3% would allow for some discretionary spending and 4% would allow for a lot more discretionary spending at say age 50 would the implications scenario #2 with LMP covering needs result in potentially working much longer or accepting a much ...
by bb
Fri Apr 20, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 14321

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

I would be really surprised if anyone with 3M would put 1/2 into a SPIA.
by bb
Fri Apr 20, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 14321

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

Part of the debate here seems to be concepts of safe and flexibility. The OP asked about safety yet the ensuing discussion brought in concept spending being flexible. Victoria focused on safety. Focusing on safety or emphasizing flexibility seems to drive two vastly different discussions.
by bb
Fri Apr 06, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: Trying the Impossible - Financing 30-Year Retirements with 40-Year Careers
Replies: 118
Views: 19260

Re: Trying the Impossible - Financing 30-Year Retirements with 40-Year Careers

bobcat2 wrote:
Fri Apr 06, 2018 11:57 am
No. The worry is that people are not working long enough, given longer life expectancy at age 65.

BobK
I was just commenting based on a fair amount of discussion in this thread that if you have a high
savings rate you can't retire early if everyone else has a high savings rate.
by bb
Fri Apr 06, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: Trying the Impossible - Financing 30-Year Retirements with 40-Year Careers
Replies: 118
Views: 19260

Re: Trying the Impossible - Financing 30-Year Retirements with 40-Year Careers

Of all the things to worry about in the universe - worrying about your typical
American saving too much money?

I have not read any stories suggesting consumers are not doing anything but
consuming with consumer debt at record levels.
by bb
Sun Feb 04, 2018 12:18 pm
Forum: Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 18257

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

Can we put all the threads where someone's pension fund covers all there expenses in a single thread similar to the wealth progression thread :D
by bb
Fri Jan 26, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Sanity check of SS with less than 35 years earnings
Replies: 31
Views: 4774

Re: Sanity check of SS with less than 35 years earnings

Thank for the responses. Sounds like I am not off base - bottom line was I found it hard to believe anyone's retirement is dialed in to within a few thousand dollars either way - seems like noise - caveat being a reasonable middle class lifestyle.
by bb
Fri Jan 26, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Sanity check of SS with less than 35 years earnings
Replies: 31
Views: 4774

Re: Sanity check of SS with less than 35 years earnings

You are missing the point of my thread. I am trying to reconcile some of the posters comments regarding being careful about having 0's in the SS calculation and then looking at the dollar amounts involved and thinking they are small.
by bb
Fri Jan 26, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Sanity check of SS with less than 35 years earnings
Replies: 31
Views: 4774

Sanity check of SS with less than 35 years earnings

I often see comments on threads that if someone is considering early retirement that they should consider the reduced social security benefits they will get. Looking at SS benefit formula is seems that after the 2'nd bend point the increases in the SS benefit are so small they seem negligible for so...
by bb
Fri Jan 26, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: What kind of skilled casual work is out there (US)?
Replies: 24
Views: 3149

Re: What kind of skilled casual work is out there (US)?

That job description to me sounds like someone who owns
a company and has professional management running it.
by bb
Fri Jan 12, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to "call in rich"?
Replies: 75
Views: 13807

Re: Is it time for me to "call in rich"?

TravelforFun wrote:
Thu Jan 11, 2018 7:04 pm
You’re cutting it close.
This analysis seems flawed. No gain for such a long period of time
and then saying a conservative withdrawal rate of 3% - which is
conservative for any age - let alone the age of OP in 2036 seems
to be conservative to the point of ridiculous.
by bb
Sun Jan 07, 2018 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Life at a crossroad: seeking advice
Replies: 54
Views: 7739

Re: Life at a crossroad: seeking advice

If you need to be employed 40 hrs/wk due to VISA status then how can you quit and pursue passion? If you are really prepared to quit engineering then possibly just consider looking for another job that maximizes doing something interesting vs salary. Not sure if that is practical or not. Seems a lit...
by bb
Fri Dec 29, 2017 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 16353

Re: Another should i buy my dream porsche thread...

Coachrhino11 wrote:
Fri Dec 29, 2017 8:02 pm
drive boring Camry, can’t imagine.
Hey - I really like my camry!
by bb
Wed Dec 20, 2017 10:39 pm
Forum: Personal Investments
Topic: Just downsized at age 60...input appreciated
Replies: 56
Views: 6182

Re: Downsized at age 60. Input appreciated.

There is more to investing than just Couch Potato Portfolios so you get the cheapest fee. That's penny wise, pound foolish. I take issue with a lot of the investing advice contained in that post. Investing in equities is risky. There is no magic bullet to protect yourself other than reduce your exp...
by bb
Sun Sep 17, 2017 9:42 am
Forum: Personal Investments
Topic: Access to 401k at age 55
Replies: 12
Views: 1668

Re: Access to 401k at age 55

Well - I guess I was thinking whenever I retire I will have enough taxable to bridge 5 years in order to access Roth IRA conversion amounts. But you are correct - being able to freely access the IRA money at 55 is what I would really prefer.
by bb
Sat Sep 16, 2017 8:52 pm
Forum: Personal Investments
Topic: Access to 401k at age 55
Replies: 12
Views: 1668

Re: Access to 401k at age 55

I guess my assumption at this point is I will be doing a rollover to an IRA and then a series of ROTH conversions.
by bb
Sat Sep 16, 2017 11:33 am
Forum: Personal Investments
Topic: Access to 401k at age 55
Replies: 12
Views: 1668

Re: Access to 401k at age 55

As an aside - can anyone comment on even if you qualify for distributions from a 401k, say at 59 1/2, only being able to do distributions as follows. Surprised there is what appears to be so little flexibility in withdrawals: A series of installment payments paid to you either annually, semi-annuall...
by bb
Sat Sep 16, 2017 10:54 am
Forum: Personal Investments
Topic: Access to 401k at age 55
Replies: 12
Views: 1668

Re: Access to 401k at age 55

Yes - I was talking about if you retire at 55. On the other hand it seems even if you work until 59 1/2 the options for distributions are limited - lump sum, SEPP. I had assumed after reaching 59 1/2 you could access 401k account balances any way you want - but that also appears to not be the case -...
by bb
Sat Sep 16, 2017 10:43 am
Forum: Personal Investments
Topic: Access to 401k at age 55
Replies: 12
Views: 1668

Access to 401k at age 55

My 401k plan document does not appear to allow access to 401k plan at age 55. So does the IRS allow this and some plans just don't? Looks like the only option before 59 1/2 is to take a total distribution / roll-over. Was originally thinking would be nice to have some flexibility of accessing money ...
by bb
Mon Jul 10, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: early retirement, asset location
Replies: 9
Views: 1518

Re: early retirement, asset location

Sooner or later I will hit upon the right question - if you want x dollars to spend
how do you arrive at how much money you need saved up between y taxable
and z tax deferred accounts.
by bb
Mon Jul 10, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: early retirement, asset location
Replies: 9
Views: 1518

Re: early retirement, asset location

Guess I was thinking there are 2 issues here - accessing retirement accounts before 59 1/2 and how to go about spending money from taxable/tax deferred accounts which obviously affects taxes. If notionally you could live on 3% of assets how to think about tax rates and asset location to figure out h...
by bb
Sun Jul 09, 2017 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: early retirement, asset location
Replies: 9
Views: 1518

early retirement, asset location

Hypothetical question - if you were to reach a number whereby you thought
you could support your needed expenses at a 3% withdrawal rate would it
matter in terms of early retirement if the assets were 100/0, 50/50, or 0/100
taxable/tax deferred accounts?
by bb
Sat May 27, 2017 8:13 pm
Forum: Personal Consumer Issues
Topic: "sport short" workout/jogging shorts
Replies: 5
Views: 1088

Re: "sport short" workout/jogging shorts

Sorry - didn't mean to imply that no one is making cotton shorts. I measured
my old shorts - 5" inseam. Recently bought a pair at Champion and they were 9" inseam.
Seems like no one i making shorts that are short anymore.
by bb
Sat May 27, 2017 1:08 pm
Forum: Personal Consumer Issues
Topic: "sport short" workout/jogging shorts
Replies: 5
Views: 1088

"sport short" workout/jogging shorts

I always roll my eyes when people post topics such as this so here goes... Looking for 100% cotton shorts, navy, elastic waste, slightly less than mid thigh length (jogging short). Aware of Champion Brand - not crazy about weight (too light) and design/fit. Seems like they used to be common in place...
by bb
Wed May 24, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Insurance: To what extent does company matter
Replies: 3
Views: 758

Insurance: To what extent does company matter

Currently have auto through State Farm. Another company is quoting 30% less. Granted we are not talking large sums of money here. I have never put in an auto claim. To what extent does it matter which company is behind your car insurance and if it really matters how would you go about deciding which...
by bb
Tue May 09, 2017 10:19 pm
Forum: Personal Investments
Topic: Retire Early?? Need a sense check
Replies: 42
Views: 10236

Re: Retire Early?? Need a sense check

I'm not sure how closely an estimate done today with AnyPIA, at say age 55 and stopping work at 55 will differ from an estimate say 5 years in the future when there would be a new version of AnyPIA with a new NAWI value (with 5 years of increases) to use for the index factors and new bend points. C...
by bb
Mon May 08, 2017 9:19 pm
Forum: Personal Investments
Topic: Retire Early?? Need a sense check
Replies: 42
Views: 10236

Re: Retire Early?? Need a sense check

At full retirement age (67):
$2,906 a month
At age 70:
$3,608 a month
At early retirement age (62):
$2,000 a month
I thought redution was 25% at 62? $2k is about a 45%
reduction.