Search found 332 matches

by bb
Wed Apr 21, 2021 4:20 pm
Forum: Personal Investments
Topic: withdrawal strategy after market decline
Replies: 44
Views: 3249

Re: withdrawal strategy after market decline

Not sure how you missed all the discussions about ABW and VPW on Bogleheads I didn't miss them - confession - so far I have not dived into those posts but will. But mostly because this hypothetical case has a lot of ambiguity and I suspect that a lot of people that stated they would reduce withdraw...
by bb
Wed Apr 21, 2021 4:15 pm
Forum: Personal Investments
Topic: withdrawal strategy after market decline
Replies: 44
Views: 3249

Re: withdrawal strategy after market decline

Easy.. let's suppose you retire with $1.2M in equities and $.8M in FI (bonds, etc.).... 60/40 on a $2M portfolio. Your planned withdrawal rate is 4% because you read about it on Bogleheads and heard it repeated here endlessly. That's $80K annually as a start inflationary indexed. Let's say you need...
by bb
Wed Apr 21, 2021 3:48 pm
Forum: Personal Investments
Topic: withdrawal strategy after market decline
Replies: 44
Views: 3249

Re: withdrawal strategy after market decline

Sandtrap wrote: Wed Apr 21, 2021 3:14 pm depends on how much of your baseline expenses are covered my an income stream outside of your investment portfolio. IE: Annuities, SS, Pension, Rental or Business income, etc.
Edit #2: added assumption there are no other sources of money - all expenses have to be covered by investment portfolio.
by bb
Wed Apr 21, 2021 2:45 pm
Forum: Personal Investments
Topic: withdrawal strategy after market decline
Replies: 44
Views: 3249

Re: withdrawal strategy after market decline

So adjustments have not been strictly necessary with such a low starting withdrawal rate. So seems like your argument is person could make a reduction if it made them feel better but would not really be necessary. I can look into amortization-based withdrawal method. There are lots of threads debat...
by bb
Wed Apr 21, 2021 2:38 pm
Forum: Personal Investments
Topic: withdrawal strategy after market decline
Replies: 44
Views: 3249

Re: withdrawal strategy after market decline

if you equities lost 60% of their value within the first 3 or 4 months of your retirement could you adjust your WR to 3% of that new investment balance and survive while maintaining an adequate lifestyle? If you are arguing a reduction would make sense what are some details of the frame work you ar...
by bb
Sun Apr 18, 2021 11:47 am
Forum: Personal Investments
Topic: withdrawal strategy after market decline
Replies: 44
Views: 3249

Re: withdrawal strategy after market decline

KlangFool wrote: Sat Apr 17, 2021 1:24 pm If you don't have this, you should not be in the 3 funds portfolio.

KlangFool
Can you elaborate on this? If you don't re-balance you should not be in 3-funds or if you don't have an IPS?
by bb
Sat Apr 17, 2021 12:40 pm
Forum: Personal Investments
Topic: withdrawal strategy after market decline
Replies: 44
Views: 3249

Re: withdrawal strategy after market decline

Do you rebalance after the 50% drop?
Not sure - but sounds like that might be part of the answer to "What would you do.."
by bb
Sat Apr 17, 2021 12:20 pm
Forum: Personal Investments
Topic: withdrawal strategy after market decline
Replies: 44
Views: 3249

Re: withdrawal strategy after market decline

Clarified initial hypothetical case: The 3% withdrawal rate is a rough initial withdrawal rate (SWR rule of thumb), increased for inflation - not 3% of portfolio balance annually
by bb
Sat Apr 17, 2021 11:20 am
Forum: Personal Investments
Topic: withdrawal strategy after market decline
Replies: 44
Views: 3249

Re: withdrawal strategy after market decline

The issue I am trying to explore is not necessarily how much money could be withdrawn but rather what would you do given the hypothetical case, how much money would you withdraw, how much would you cut back, when would you be comfortable increasing your spending again.
by bb
Sat Apr 17, 2021 10:14 am
Forum: Personal Investments
Topic: withdrawal strategy after market decline
Replies: 44
Views: 3249

withdrawal strategy after market decline

Lots of threads about SWR discuss the SWR as a rough planning tool as opposed to a literal plan and lots of folks have stated of course after a big market selloff/bear market it would be natural to reduce withdrawals. But I don't recall lots of discussions on the details of reducing withdrawals afte...
by bb
Wed Mar 31, 2021 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Job Dilemma
Replies: 68
Views: 7395

Re: Job Dilema

Care to share what low stress, 9-5, work remote job pays $200K/year?
You are an individual contributor?
Wow!
by bb
Sat Mar 06, 2021 4:49 pm
Forum: Personal Consumer Issues
Topic: I need a trickle car battery charger for garage queen...
Replies: 84
Views: 5124

Re: I need a trickle car battery charger for garage queen...

While I'm pretty sure older New Beetles have cigar lighters that stay hot with the ignition off, I'm not sure about the 2010s. If it does stay hot, than the simplest way to trickle charge might be to plug the charger into the lighter socket. I am confused - with ignition off then your operating on ...
by bb
Sat Jan 23, 2021 8:57 am
Forum: Personal Consumer Issues
Topic: Slippers with support
Replies: 29
Views: 1742

Re: Slippers with support

OluKai NMoloā Slipper The removable cushioned insole of these slippers is excellent - can't say enough positive things about these. A slipper with substantial cushioning was a must have for me. Prior to this I did put Spenco insoles in my previous pair of Bass slippers which was reasonable until the...
by bb
Sun Dec 13, 2020 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off at 34, another degree/career thread and financial advice.
Replies: 71
Views: 9234

Re: Laid off at 34, another degree/career thread and financial advice.

I also have potential offer at a naval defense contracting company less than 10 miles from me
Is working and getting engineer degree part time an option that possibly employer would pay for?
by bb
Fri Nov 13, 2020 2:56 pm
Forum: Personal Investments
Topic: Another...can I retire post (47YO)
Replies: 41
Views: 5816

Re: Another...can I retire post (47YO)

It is interesting how this thread is generally favorable with regards to being able to retire yet other threads with similar assets might be met with more skepticism. Maybe the difference is there is a health care issue present. Absent from the replies were grilling over future health care costs, fl...
by bb
Thu Nov 05, 2020 1:25 pm
Forum: Personal Consumer Issues
Topic: Steelcase Gesture: Headrest? Other Models? (Office Chair)
Replies: 23
Views: 1954

Re: Steelcase Gesture: Headrest? Other Models? (Office Chair)

I don't think you can tell without trying them out. Consider if you can tell by going to desaler and trying out chairs vs needing a longer sit test. Some retailers (and Steelcase store) offers free shipping, 30 day trial, free returns. The Leap seems a bit more supportive/snugger fit of both seat an...
by bb
Sun Nov 01, 2020 11:29 pm
Forum: Personal Investments
Topic: Retirement at 53 (a little over one year from now)
Replies: 52
Views: 8776

Re: Retirement at 53 (a little over one year from now)

If the 401k plan does not allow flexibility then just roll it over and do
ROTH conversions. Not sure why that wasn't already mentioned.
by bb
Sun Aug 02, 2020 11:44 am
Forum: Investing - Theory, News & General
Topic: Efficient Market Theory vs Tesla Stock Price
Replies: 68
Views: 3918

Efficient Market Theory vs Tesla Stock Price

Doesn't the price of Tesla stock disprove the assertion that the market
is always efficient or rationale?
by bb
Sun Jul 12, 2020 5:04 pm
Forum: Personal Investments
Topic: Too much in savings?
Replies: 83
Views: 9969

Re: Too much in savings?

I don't follow all the fuss about heavy cash allocation and people making a distinction between investing it vs it not being invested. It is part of someone's net worth. At 1% money doubles in ~ 72 yrs, 2%~36yrs, 3%~24yrs. At today's historical low interest rates I don't really see the big differenc...
by bb
Sun Mar 01, 2020 1:26 pm
Forum: Investing - Theory, News & General
Topic: The Dark Side of "Stay the Course"
Replies: 202
Views: 16747

Re: The Dark Side of "Stay the Course"

If you think you can time the market knock yourself out.
by bb
Sat Feb 22, 2020 10:43 am
Forum: Investing - Theory, News & General
Topic: What do you guys think of Raoul Pal's view of an unfunded pension crisis?
Replies: 10
Views: 1400

Re: What do you guys think of Raoul Pal's view of an unfunded pension crisis?

I listened to a few minutes of one of his vidoes where he stated:
1. No one is going to be buying new cars anymore,
2. We are going to be living in trailers and eating fast food,
3. Only the top 1% is going to be able to retire.

Hmmm
by bb
Fri Feb 21, 2020 11:33 am
Forum: Personal Consumer Issues
Topic: Used car purchase - now dreading it
Replies: 117
Views: 8592

Re: Used car purchase - now dreading it

I have no idea if possible but could you document the issue, get corroboration,
sell the car and try to recover cost in small claims court?
by bb
Sat Feb 08, 2020 12:23 pm
Forum: Personal Investments
Topic: 26 years old and don't know what to do next
Replies: 32
Views: 2516

Re: 26 years old and don't know what to do next

In hindsight it might be nice to not have purchased the car but new cars have high depreciation so cannot advocate it always makes sense to sell it after the fact.
by bb
Mon Jan 13, 2020 4:35 pm
Forum: Personal Investments
Topic: Early retirement without taxable assets?
Replies: 14
Views: 2150

Re: Early retirement without taxable assets?

I don't believe all plans have to allow this. Also what if they allow the penalty free access but only a single lump sum withdrawal - what good would that do? Would have to transfer to IRA and then you would not get the benefit of penalty free withdrawals @ 55.
by bb
Tue Jan 07, 2020 10:54 am
Forum: Personal Investments
Topic: Can I retire (early)?
Replies: 49
Views: 6516

Re: Can I retire (early)?

Last year alone, that is what 400-600k depending on asset allocation for the 2m alone?
That is a ridiculous statement if someone doesn't want to be invested 100% in equities.
by bb
Fri Dec 20, 2019 8:56 pm
Forum: Personal Investments
Topic: Can I Retire?
Replies: 67
Views: 9383

Re: Can I Retire?

Maybe the answer would be easier if you considered working another 10 years, maybe doubling your worth. (rule of 72) 2.6M..... Paying off mortgage in the mean time. About 15 years ago I asked the same question and worked extra 10 years. I doubled what I thought was needed as total and went 50/50 AA...
by bb
Sat Oct 12, 2019 11:36 am
Forum: Personal Consumer Issues
Topic: Overland brand slippers for cold feet?
Replies: 17
Views: 1639

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: 7710

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: 1947

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: 1947

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: 1947

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: 1947

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: 570

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: 570

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: 1068

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: 14784

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: 1232

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: 1232

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: 1232

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: 8038

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: 10457

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: 5977

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: 6065

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: 5996

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: 15059

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: 756
Views: 66759

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: 1156

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: 1156

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: 962

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: 962

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 ...