Search found 602 matches

by 3504PIR
Sat Dec 15, 2018 1:51 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 22
Views: 1888

Re: Can I retire

You’ve saved what appears to be a lot of money, but if you do the math, it won’t come close to covering you for retirement any time soon. Your savings rate when compared to your cash flow/ spending is too low. On the other hand, your savings rate is very good if you intend to retire in ten years bec...
by 3504PIR
Thu Dec 13, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 379
Views: 37083

Re: What types of jobs do Bogleheads have?

Since college I have had the following jobs Naval Reactors Engineer Professional Poker Player (online) Analytical Chemist Pharmacy Intern (while going to pharmacy school) Pharmacist I played online poker for a living as well suplemented by 6 week trips to Vegas for the WSOP. Stupid Congress. I'm ho...
by 3504PIR
Mon Dec 10, 2018 1:44 am
Forum: Personal Finance (Not Investing)
Topic: New job, sales at Subaru
Replies: 45
Views: 4935

Re: New job, sales at Subaru

Very interesting and sounds like a good dealership. How does the sales position and training evolve into being an entrepreneur? Good luck and I’m curious to hear your thoughts as it progresses.
by 3504PIR
Sun Dec 09, 2018 2:14 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2019!
Replies: 135
Views: 17019

Re: Roll Call for the Retirement Class of 2019!

Last day at my job beginning at the end of May to mid June timeframe. I'll officially be off the books by the end of August. Very much looking forward to "the day" and will be doing #3, just fading away. I work at a remote location from my headquarters so fading away won't be that tough. Self quoti...
by 3504PIR
Sat Dec 08, 2018 3:40 am
Forum: Investing - Help with Personal Investments
Topic: Solid my entire portfolio 12/3/18
Replies: 49
Views: 8462

Re: Solid my entire portfolio 12/3/18

TheAccountant wrote:
Thu Dec 06, 2018 1:54 pm
What the OP just did is a great example of what not to do with your retirement portfolio.
How so? It seems that the OP did exactly what people encourage others to do daily on BHs.
by 3504PIR
Sat Dec 01, 2018 12:15 am
Forum: Investing - Theory, News & General
Topic: Federal Reserve Report: Millennials are poorer than previous generations
Replies: 17
Views: 2193

Re: Federal Reserve Report: Millennials are poorer than previous generations

ebrasmus21 wrote:
Sat Dec 01, 2018 12:09 am
3504PIR wrote:
Fri Nov 30, 2018 11:52 pm
Part of it was the hit they took in 09. The other part is that they are still waiting to be rewarded for their existence :D
The baby boomers that raised them did a great disservice teaching millennials to behave/think that way.
Amen
by 3504PIR
Fri Nov 30, 2018 11:52 pm
Forum: Investing - Theory, News & General
Topic: Federal Reserve Report: Millennials are poorer than previous generations
Replies: 17
Views: 2193

Re: Federal Reserve Report: Millennials are poorer than previous generations

Part of it was the hit they took in 09. The other part is that they are still waiting to be rewarded for their existence :D
by 3504PIR
Fri Nov 30, 2018 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: "The Steak Dinner Annuity Pitch"
Replies: 68
Views: 7393

Re: "The Steak Dinner Annuity Pitch"

Recent thread on this very topic, most thought it was a good idea to get a free meal. I view it at 100% unethical.
by 3504PIR
Fri Nov 30, 2018 11:47 pm
Forum: Personal Consumer Issues
Topic: Guy's Western US Ski Trip - suggestions?
Replies: 44
Views: 2374

Re: Guy's Western US Ski Trip - suggestions?

Guaranteed good snow at Tahoe and a wide variety of nightlife. Stay in Nevada, ski mostly at Heavenly and have fun.

My plan b would be Whistler, but I wouldn’t recommend it for beginners.

Breckinridge is a good option and you have a variety of mountains close by to provide variety.
by 3504PIR
Fri Nov 30, 2018 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: New 401k has terrible fees; options?
Replies: 22
Views: 1004

Re: New 401k has terrible fees; options?

A higher fee 401k is less than ideal, but the fee range you provided would in no way stop me from using this one. I would continue to max it out along with your own IRAs. At the end of the day it will still enable you to accumulate wealth for retirement. Millions of Americans pay those kinds of fees...
by 3504PIR
Thu Nov 29, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bonds - what's the consensus for this cycle?
Replies: 11
Views: 2750

Re: I-Bonds - what's the consensus for this cycle?

I bought some this current cycle and redeemed some low paying ones and converted them to this cycle with an eye on the tax meter so I didn't go overboard. Plan to do some additional redemptions in Jan as well.
by 3504PIR
Wed Nov 28, 2018 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 8718

Re: How did YOU choose your career?

My daughter, who is a sophomore in university, is studying hotel management. She grew up in Europe and paid attention to the staff as we traveled around and stayed in a variety of hotels. During our last 2 years we tended to stay in suites and had personal staff whom she began speaking to in an effo...
by 3504PIR
Fri Nov 23, 2018 1:33 am
Forum: Personal Consumer Issues
Topic: Rodents ate my car!
Replies: 73
Views: 8282

Re: Rodents ate my car!

In Germany, this is very common and after a quick web search there were $65,000,000 in claims from it last year. The culprit there is the marder, a ferret looking rodent. Common reasoning in Germany is the “sweet” crude taste coming from oil leaks and components that get oil on them from a spill or ...
by 3504PIR
Sat Nov 17, 2018 7:34 pm
Forum: Investing - Theory, News & General
Topic: Retirement Emergency Fund; How Much to Keep Very Liquid?
Replies: 17
Views: 1507

Re: Retirement Emergency Fund; How Much to Keep Very Liquid?

Thanks for the replies thus far. My intent for the emergency fund are to pay for emergencies that may come up in our lives that would exceed our monthly income but are not classified as descretionary spending, like repairs to our well or tractor or medical emergency while traveling. Part of the pro...
by 3504PIR
Sat Nov 17, 2018 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: parents buying home for sibling
Replies: 44
Views: 5719

Re: parents buying home for sibling

My parents told me a couple of years ago that they were giving my sibling a large sum for the same reason. They asked me if it was ok with me, and I told them it was their money, and they can do with it whatever they want. I recommend you approach this in the same way. You have to ask yourself why t...
by 3504PIR
Fri Nov 16, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: Retirement Emergency Fund; How Much to Keep Very Liquid?
Replies: 17
Views: 1507

Re: Retirement Emergency Fund; How Much to Keep Very Liquid?

I’m curious how retirees allocate their emergency funds based on liquidity. How do you structure your emergency fund? 3504PIR: I have never felt the need for separate, low-yielding emergency fund that may never be used. I am confident that my bank account, Vanguard portfolio, and/or my credit card ...
by 3504PIR
Fri Nov 16, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: Retirement Emergency Fund; How Much to Keep Very Liquid?
Replies: 17
Views: 1507

Re: Retirement Emergency Fund; How Much to Keep Very Liquid?

One of the big reasons for an emergency fund is to have stable resources in case of a job loss. Well, when I retired, that risk fell to zero. There are not many other types of expenses that require immediate cash. We have a well and a tractor and when the well went out, we did not need to write a c...
by 3504PIR
Fri Nov 16, 2018 8:32 pm
Forum: Investing - Theory, News & General
Topic: Retirement Emergency Fund; How Much to Keep Very Liquid?
Replies: 17
Views: 1507

Re: Retirement Emergency Fund; How Much to Keep Very Liquid?

Thanks for the replies thus far. My intent for the emergency fund are to pay for emergencies that may come up in our lives that would exceed our monthly income but are not classified as descretionary spending, like repairs to our well or tractor or medical emergency while traveling. Part of the prob...
by 3504PIR
Fri Nov 16, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: Retirement Emergency Fund; How Much to Keep Very Liquid?
Replies: 17
Views: 1507

Retirement Emergency Fund; How Much to Keep Very Liquid?

Greetings, I am hoping to get some advice on how to structure my retirement E-Fund based on liquidity. I am set to retire in 2019 at the age of 56 (May 2019). During my working life, I’ve held a loose standard on my E-Fund of keeping a set amount in my taxable brokerage account in a MM fund from div...
by 3504PIR
Wed Nov 14, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: My Grandmother has 80% stocks
Replies: 55
Views: 5643

Re: My Grandmother has 80% stocks

She sounds like she knows exactly what she is doing. I don’t find her asset allocation all that odd although I would have expected to hear something like 60/40, but my reaction wouldn’t have been shock. Heck, she knew she was 80/20! My late 80s early 90s parents are 90/10. Why? They didn’t really ha...
by 3504PIR
Wed Nov 14, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Wife approved for SS Disability. Any way to reduce the wait time for Medicare?
Replies: 8
Views: 1138

Re: Wife approved for SS Disability. Any way to reduce the wait time for Medicare?

There is a specific COBRA provision to cover this situation. The COBRA period is normally 18 months. However, if you notify the plan within 60 days of the disability determination, you can elect to continue COBRA for an additional 11 months. This 29 months is designed to cover the 5 months before b...
by 3504PIR
Fri Nov 09, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage with or without spouse?
Replies: 26
Views: 2004

Re: Mortgage with or without spouse?

Our mortgage is in my name, and our deed has both our names.
by 3504PIR
Fri Nov 09, 2018 12:36 am
Forum: Investing - Help with Personal Investments
Topic: Payoff Mortgage
Replies: 12
Views: 1512

Re: Payoff Mortgage

You’ll pay a heavy price to pull IRA money to pay you’re mortgage. If you’re ok with the penalty, which I would think of as interest, then do it. Personally, I wouldn’t pay extra to the government to pay it off. Can you post if you’ve calculated the penalty and how much it would be to do this? Given...
by 3504PIR
Fri Nov 09, 2018 12:30 am
Forum: Investing - Help with Personal Investments
Topic: Automatic withdrawal with Vanguard
Replies: 24
Views: 1821

Re: Automatic withdrawal with Vanguard

This is a really valid example of why Vanguard is such a poor platform. People are refusing upgrades and migration to the brokerage option, which I’ve read about in several threads. My wife has an IRA account with Vanguard and the methodology of buying and selling, exchanging and all the rest is rid...
by 3504PIR
Mon Nov 05, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 106
Views: 12899

Re: Are we in trouble?

We need no more than 2M to retire. we already have a fully paid house elsewhere that we plan on retiring in. My concerns were if we can handle it on a temp basis. we dont plan on living is this house once empty nesters in 10 years. We are on track to reach 2M in 5 years. even with the 1.2 mil house...
by 3504PIR
Sun Nov 04, 2018 6:37 pm
Forum: Personal Consumer Issues
Topic: retirement travel: RVs vs fly/drive/hotel
Replies: 98
Views: 9347

Re: retirement travel: RVs vs fly/drive/hotel

We are thinking about getting a small RV in retirement as I’ve posted elsewhere. Essentially we would like a comfortable hotel room on wheels. Pleasure Way has some models they build that I’d very much like to see in person. The work they do is thus far the closest we have found to what we think we ...
by 3504PIR
Tue Oct 30, 2018 10:39 pm
Forum: Personal Consumer Issues
Topic: Planning first international trip - London/Paris
Replies: 68
Views: 3511

Re: Planning first international trip - London/Paris

1. Stay in Mayfair if you can afford it. The best value we consistently have had in London was the Marriott near the Swiss Cottage tube station on the Jubilee line. I’d stay there if Mayfair is too pricey. 2. Use the tube. You can’t drive in central London anyway. 3. Stay overnight is you’re going t...
by 3504PIR
Mon Oct 29, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12777

Re: Am I doing well financially?

Just wanted to say - I actually do know, for the most part, where money is going, as I have tracked via spreadsheet before. That's how I know wife spends $600/mo on BS stuff and how food budget is $1500/mo. I am also including random expenses that come up in my avg. expenditures (e.g. car repairs, ...
by 3504PIR
Sun Oct 28, 2018 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Suddenly retired...would appreciate asset allocation and withdrawal advice
Replies: 7
Views: 2190

Re: Suddenly retired...would appreciate asset allocation and withdrawal advice

This is still confusing me, so here is what I would do assuming the basic numbers are correct. I would withdraw 3% per year from your retirement accounts to spend (not the same as RMDs). 3% of 2M is $60,000, gross. Take the appropriate taxes from the 3%. That plus your pension and VA is what I would...
by 3504PIR
Sun Oct 28, 2018 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: First time home buyer ... help ! [with mortgage choices]
Replies: 15
Views: 1526

Re: First time home buyer ... help ! [financing new construction]

I recently converted a construction loan into a mortgage. My rate lock was for 12 months at the beginning of the construction loan signing, which I understood to be fairly common. Are you sure you’re being quoted for a construction loan or pre-approval for the mortgage. It sounds like the latter to ...
by 3504PIR
Sun Oct 28, 2018 12:12 am
Forum: Investing - Theory, News & General
Topic: Not maxing tax-sheltered space to build taxable account balance? Or the reverse? What if just for short term?
Replies: 12
Views: 984

Re: Not maxing tax-sheltered space to build taxable account balance? Or the reverse? What if just for short term?

I decided to retire ten years ago in ten years so at that time I began to set up my accounts in earnest. As I’ll be retiring before I can access my retirement accounts, I knew I would need to do something in taxable to help cover expenses until my age allowed me to start pulling from my retirement a...
by 3504PIR
Sat Oct 27, 2018 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: USAA Multi Product Discount
Replies: 30
Views: 3052

Re: USAA Multi Product Discount

Thank you for posting this and bringing it to our attention. I had no idea and have auto, home and banking with them. I’ll play with it and see what it does for us. Every little bit helps.
by 3504PIR
Fri Oct 26, 2018 12:40 am
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 119
Views: 19466

Re: New retirees: so whatdayathink ?

Retired year 2 as of this month. Pushed out of Megacorp at 60, plan was to leave at 62.. Glad they did it.. no regrets... I hated the thing they had turned my technical job into. Sigh. A good friend who worked with me at megacorp/high tech said it would take a year to get used to retirement. I agre...
by 3504PIR
Sat Oct 20, 2018 12:08 am
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 138
Views: 10969

Re: Should we move to San Diego from east coast?

God only created so many beaches and "America's Finest Cities" and SD is at the top of that list, so yeah, prices go up every year. Similar argument that internet people like to crow about SF bay area and waiting for RE to collapse... there may be year/years of slower pace or even slight dip, but o...
by 3504PIR
Mon Oct 15, 2018 3:47 pm
Forum: Personal Consumer Issues
Topic: Black Friday is coming.. what's on your list?
Replies: 82
Views: 8158

Re: Black Friday is coming.. what's on your list?

A Wolf gas cooking range. Saving money by cooking healthy food at home. We put an Aga 48" dual fuel range/oven into our new house. I was familiar with Aga from our time living in the UK - although what they are famous for are as foreign to Americans as anything you can imagine - their cooking hobs....
by 3504PIR
Sun Oct 14, 2018 12:37 am
Forum: Investing - Theory, News & General
Topic: DGS: Own it? Opinions on it? [WisdomTree Emerging Mkts SmallCap Dividend]
Replies: 25
Views: 1812

Re: DGS: Own it? Opinions on it? [WisdomTree Emerging Mkts SmallCap Dividend]

I love dividends, and appreciate that my views on them run contrary to most BHs. That being said, I would never buy a small cap fund or stock that had a dividend or dividend focus. Mature companies paying a dividend is fine, given a reasonable payout ratio measured against earnings. Small cap issue...
by 3504PIR
Sat Oct 13, 2018 11:58 pm
Forum: Investing - Theory, News & General
Topic: DGS: Own it? Opinions on it? [WisdomTree Emerging Mkts SmallCap Dividend]
Replies: 25
Views: 1812

Re: DGS: Own it? Opinions on it? [WisdomTree Emerging Mkts SmallCap Dividend]

I love dividends, and appreciate that my views on them run contrary to most BHs. That being said, I would never buy a small cap fund or stock that had a dividend or dividend focus. Mature companies paying a dividend is fine, given a reasonable payout ratio measured against earnings. Small cap issues...
by 3504PIR
Sat Oct 13, 2018 9:33 pm
Forum: Personal Consumer Issues
Topic: Making Winter Camping more comfortable
Replies: 39
Views: 2751

Re: Making Winter Camping more comfortable

Why not just go to bed earlier, say an hour or two after sunset? You will be tired enough, you burn a lot of energy in the cold even if your not doing anything. I was an infantry officer for 22 years and spent a lot of time exposed to any type of weather you can imagine. No tents in the infantry but...
by 3504PIR
Sat Oct 06, 2018 8:56 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 216
Views: 15788

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

Charlotte and Raleigh are the 2 largest cities in NC and both have been prospering and growing at a rapid rate for a long time. Both have their share of traffic problems but nothing like Southern California. NC has a flat rate for state income tax: 5.49% with very few deductions. The weather is nic...
by 3504PIR
Sat Oct 06, 2018 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take a pretty big pay cut to become a diplomat?
Replies: 32
Views: 3843

Re: Should I take a pretty big pay cut to become a diplomat?

Cruise wrote:
Sat Oct 06, 2018 8:10 pm
Do you have a TS or above clearance? This is long-term asset to acquire if you don’t yet possess.
Please don’t answer this question either way.
by 3504PIR
Sat Oct 06, 2018 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take a pretty big pay cut to become a diplomat?
Replies: 32
Views: 3843

Re: Should I take a pretty big pay cut to become a diplomat?

Agree with others on the fact that financial would be less of a decision point than family. I recommend you get a very honest assessment on what the first 10 years or so as a FSO look like from an assignment perspective. Once you have a good understanding of the early career path, would you send you...
by 3504PIR
Fri Oct 05, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 75
Views: 9273

Re: 20 countries where 200K in retirement savings will last you decades

Some viable options in that slide deck. I’m not a big fan of slide articles so I only went to number 6, but the only location in 1-6 I haven’t been is Nicaragua. If push came to shove I could see pulling off something like this. Food for thought - I don’t think the majority of US citizens aged 60 or...
by 3504PIR
Sat Sep 29, 2018 5:43 pm
Forum: Personal Consumer Issues
Topic: College Student Performance Issues
Replies: 83
Views: 4686

Re: College Student Performance Issues

This is very common, and regardless of her initial performance she is still adjusting to a variety,of things but mainly her new found freedom. The problems she is having are probably linked to her maturity, or lack there of and/or being overwhelmed by the educational differences between high school ...
by 3504PIR
Fri Sep 28, 2018 11:55 pm
Forum: Personal Consumer Issues
Topic: PV Solar (Sunpower vs. Panasonic HIT) & To Roof or Not to Re-roof
Replies: 12
Views: 1255

Re: PV Solar (Sunpower vs. Panasonic HIT) & To Roof or Not to Re-roof

I would replace the roof with solar roof shingles from Tesla. I’m not sure if they are currently available, but if they’re not, they will be soon enough.
by 3504PIR
Fri Sep 28, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Overseas contractor needs Retirement account
Replies: 1
Views: 189

Re: Overseas contractor needs Retirement account

He should open an IRA account at Vanguard or Fidelity, either traditional or roth just like anyone else. Not "just like anyone else" he may need to wait until he is back in the US on leave before doing that. He will need a permanent address in the U.S. I opened a Fidelity account while overseas and ...
by 3504PIR
Sat Sep 22, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Mom's Estate: Can you help please?
Replies: 44
Views: 2131

Re: Mom's Estate: Can you help please?

I'm sorry about the loss of your dad, he and your mom sound as if they had a great life together and accomplished a lot financially. I wouldn't go crazy with building a portfolio and reworking your mom's whole portfolio. If it were my mother, I'd put a portion into short term muni bond fund, an inte...
by 3504PIR
Sat Sep 22, 2018 2:26 am
Forum: Investing - Help with Personal Investments
Topic: New job. Need help adding funds to my new 401k
Replies: 13
Views: 874

Re: New job. Need help adding funds to my new 401k

The DFA funds would be my choice. I can’t read the fund names but would go for the ones that come closest to your AA. You may want to keep your bonds in your IRA. I can’t see the names of many funds, but could read the stable value, JH bond fund and DFA inflation bond fund. There may be others but t...