Search found 812 matches

by 3504PIR
Tue Nov 12, 2019 10:57 pm
Forum: Personal Investments
Topic: TSP question
Replies: 6
Views: 592

Re: TSP question

Fed employees are taught that their retirement planning should include 3 portions; their pension, social security, and the TSP.

He should review all 3 to determine what to expect from each and adjust his TSP accordingly.
by 3504PIR
Tue Nov 12, 2019 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Months Leading up to Retirement
Replies: 14
Views: 1346

Re: Months Leading up to Retirement

I’ve posted this before, but here is what I did. Retired in 08/2019. In 2018 calculated how much leave I needed to take while carrying over the maximum amount into 2019 (my organization had agreed to a long (90 day) leave at the end of my career as it didn’t effect their backfilling hiring action. I...
by 3504PIR
Tue Nov 12, 2019 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Months Leading up to Retirement
Replies: 14
Views: 1346

Re: Months Leading up to Retirement

I’ve posted this before, but here is what I did. Retired in 08/2019. In 2018 calculated how much leave I needed to take while carrying over the maximum amount into 2019 (my organization had agreed to a long (90 day) leave at the end of my career as it didn’t effect their backfilling hiring action. I...
by 3504PIR
Tue Nov 12, 2019 5:17 pm
Forum: Investing - Theory, News & General
Topic: Why is VBTLX dropping?
Replies: 16
Views: 3300

Re: Why is VBTLX dropping?

nav was $11.01 yesterday. Today it's $11.00 which means interest rates went up (yesterday the 10 year was 1.93% and today 1.94%). I'd say that was pretty much what you'd expect. Don't feel bad about the NAV dropping. Now you're getting .01% more in interest going foward (unless interest rates drop,...
by 3504PIR
Sat Nov 09, 2019 11:48 pm
Forum: Personal Consumer Issues
Topic: Maximize 1 Day at Disney
Replies: 48
Views: 2659

Re: Maximize 1 Day at Disney

The magic we had in our time at the parks didn’t involve rushing to get things done, they involved watching the joy it brought our daughter, which really is priceless. Go to the Magic Kingdom and enjoy. I've been to the Magic Kingdom exactly once, when I was five years old. My memories are warm and...
by 3504PIR
Sat Nov 09, 2019 11:42 pm
Forum: Personal Consumer Issues
Topic: CPO BMW 5 Series
Replies: 17
Views: 1334

Re: CPO BMW 5 Series

I was a big BMW guy until our cars hit about the 7 year mark and started having expensive issues (2 cars bought about a year apart). I like buying new cars and keeping them for over 10 years and it didn’t work out with our BMWs. I found similar comments at the time here and on BMW forums so I left t...
by 3504PIR
Sat Nov 09, 2019 11:30 pm
Forum: Personal Investments
Topic: Spend It All vs. Leave $$ for the Kids
Replies: 148
Views: 10878

Re: Spend It All vs. Leave $$ for the Kids

I was reading a SWR thread and posters were chiming in with their thoughts on generational wealth being part of their retirement plan. For some it's a given. Some believe "teaching a man to fish" and leaving nothing is best. Some plan to help with school/home purchase/wedding but otherwise not let ...
by 3504PIR
Fri Nov 08, 2019 12:48 am
Forum: Personal Consumer Issues
Topic: Young parents, considering moving to city
Replies: 11
Views: 1239

Re: Young parents, considering moving to city

Hello, I assume AS is referring to Austrian currency? I think "AS" may refer to "the average salary in our state". The euro is now the official currency for Austria. <snip> We have been living very cheap here, paying rent just about ~20% of the average salary in our state (AS). <snip> Good catch, t...
by 3504PIR
Fri Nov 08, 2019 12:42 am
Forum: Personal Investments
Topic: TSP Contributions - Retiring Mid Year
Replies: 16
Views: 1070

Re: TSP Contributions - Retiring Mid Year

I would do exactly that unless you have other needs as you retire. I retired in August and cut my contributions in January down to a fraction of what they had been as I had a lot of immediate costs associated with retiring. I had maxed my contributions consistently prior including the added amount I...
by 3504PIR
Thu Nov 07, 2019 4:16 pm
Forum: Personal Consumer Issues
Topic: Young parents, considering moving to city
Replies: 11
Views: 1239

Re: Young parents, considering moving to city

Hello, I assume AS is referring to Austrian currency? Assuming that, this seems to be a basic math problem along with how you would qualify your quality of life in both places. I would recommend looking at it from those two aspects. Can one or both of you take a train to work in the city for a while...
by 3504PIR
Wed Nov 06, 2019 10:21 pm
Forum: Personal Consumer Issues
Topic: Maximize 1 Day at Disney
Replies: 48
Views: 2659

Re: Maximize 1 Day at Disney

Just go and have a good time for ~8 hours or so. We used to have annual passes and while I’m not sure what “maximizing” the time of a 5 year old involves, you will be well served to just enjoy the parts of the park that you happen to stroll to at the 5 year olds pace. The magic we had in our time at...
by 3504PIR
Tue Nov 05, 2019 4:51 pm
Forum: Personal Consumer Issues
Topic: Weddings - The good? The bad?
Replies: 47
Views: 4177

Re: Weddings - The good? The bad?

I would recommend looking for value generally with an eye on the fact that this is a once in a lifetime event (for most). First rule of thumb is allow the bride to have the day she wants, it is her day. Our wedding reception was essentially a great party. We limited the guest list to close friends, ...
by 3504PIR
Sun Nov 03, 2019 11:51 pm
Forum: Personal Investments
Topic: Do you consider pensions as part of your overall asset allocation?
Replies: 67
Views: 5043

Re: Do you consider pensions as part of your overall asset allocation?

I count my pensions as income, not part of my AA and the pensions (2 of them although one is pretty small) do not factor into my risk level of my portfolio although I guess they could. I could roll the dice and go 100% stocks or something but find it easier to just keep it as it would be if I didn’t...
by 3504PIR
Sun Nov 03, 2019 10:29 pm
Forum: Personal Investments
Topic: What role do bonds play in your portfolio?
Replies: 79
Views: 6503

Re: What role do bonds play in your portfolio?

I read here almost exclusively that bonds are some kind of safety factor in a portfolio which may be true to a large degree due to bond ratings but having read and been a fan of Benjamin Graham since college, I have bonds for income. To be honest, if you peel back the holdings of most bond funds, ev...
by 3504PIR
Fri Nov 01, 2019 12:30 pm
Forum: Personal Investments
Topic: Roth 401K or Taxable
Replies: 53
Views: 2323

Re: Roth 401K or Taxable

I don’t follow along when you refer to a back donor Roth and contributing additional money to a Roth 401k. It is probably the case where I’m misreading, but the two are separate. If the case is you cannot move the additional money you put in the Roth 401k for two years, then barring your 401k having...
by 3504PIR
Tue Oct 29, 2019 8:58 pm
Forum: Personal Investments
Topic: Am I doing this right? Using a money manager...
Replies: 24
Views: 2306

Re: Am I doing this right? Using a money manager...

Don’t underestimate the ability or not of being able to have a brokerage account at all being an ex-pat. The banking and securities industries had significant changes after 9/11 that continue to make it difficult to manage US funds from abroad. Many here will give advice without a thorough understan...
by 3504PIR
Wed Oct 23, 2019 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Do you plan to actually spend down your portfolio?
Replies: 104
Views: 9711

Re: Do you plan to actually spend down your portfolio?

We are also retired military and retired civil service and do not intend to touch our portfolio beyond dividends here and there unless our world begins to radically change. If needed, we will use dividends for things like a new car or perhaps travel, although we are taking a break from travel for a ...
by 3504PIR
Tue Oct 22, 2019 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for 2 mil+ in annual spending?
Replies: 60
Views: 6429

Re: Best credit card for 2 mil+ in annual spending?

I think the card you are using is pretty close to What I would be going for in your case. I would contact a few of the best/biggest and try to find out if they can offer a better deal to your level of user.
by 3504PIR
Sat Oct 19, 2019 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Employee Retirement & Timing
Replies: 5
Views: 793

Re: Federal Employee Retirement & Timing

I retired under MRA10 retirement under FERS, so one case of reduced retirement is those like me who retire prior to their 62d birthday and chose to take an immediate payment which is reduce by 5% per year for each year under 62. So if one retires at 58 and takes an immediate payment under FERS, thei...
by 3504PIR
Wed Oct 16, 2019 9:53 pm
Forum: Personal Consumer Issues
Topic: Help me find some high quality cargo pants.
Replies: 63
Views: 5409

Re: Help me find some high quality cargo pants.

Not sure anyone wears cargo pants these days. The best quality, fit and comfort trousers in the casual/khaki category I own or have ever owned are Orvis 5-Pocket Stretch Twill Pants. I have several pair and get compliments often. Go to the Orvis website and search using the wording I used, 5-Pocket ...
by 3504PIR
Sat Oct 12, 2019 6:49 pm
Forum: Personal Consumer Issues
Topic: Do you carry your passport with you during international travel?
Replies: 110
Views: 9453

Re: Do you carry your passport with you during international travel?

I keep mine in my backpack which is usually in the hotel room. I’ve never been one to lock it up or carry it with me. I once went to Switzerland about 8 years ago for a long weekend and completely forgot it until the front desk asked for it. I sighed and told them it was out in the car and got a pas...
by 3504PIR
Sat Oct 12, 2019 6:39 pm
Forum: Personal Investments
Topic: Retirees, when did you start really planning your retirement?
Replies: 53
Views: 5002

Re: Retirees, when did you start really planning your retirement?

Started planning 10 years ago, retired this past August a couple of months after my 56th birthday.
by 3504PIR
Wed Oct 09, 2019 5:58 pm
Forum: Personal Consumer Issues
Topic: Hotel mini bar - rude to use for own stuff
Replies: 42
Views: 6227

Re: Hotel mini bar - rude to use for own stuff

+1 on asking at the front desk, often mini bars have built in sensors which trigger when you remove an item. In that case if you move it you buy it.
by 3504PIR
Thu Oct 03, 2019 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: relocating across country
Replies: 47
Views: 3307

Re: relocating across country

Lots of housing options in North County. I’ve move from coast to coast 7 times in my life, the most recently in June from Hawaii to North Carolina picking up our car in San Diego and driving from there. This last move was the most enjoyable by far as we took our time and saw the sights and visited f...
by 3504PIR
Sun Sep 29, 2019 8:53 pm
Forum: Investing - Theory, News & General
Topic: Why not use Margin Loan as eFund?
Replies: 63
Views: 4058

Re: Why not use Margin Loan as eFund?

I was under the impression that margin was backed by an underlying asset, as in stock and could not be taken as cash. I must admit that I haven’t looked at a margin agreement in well over a decade. Back then you couldn’t just add $50k on margin to your cash balance. You purchased an asset with marg...
by 3504PIR
Sun Sep 29, 2019 1:08 pm
Forum: Investing - Theory, News & General
Topic: Why not use Margin Loan as eFund?
Replies: 63
Views: 4058

Re: Why not use Margin Loan as eFund?

I was under the impression that margin was backed by an underlying asset, as in stock and could not be taken as cash. I must admit that I haven’t looked at a margin agreement in well over a decade. Back then you couldn’t just add $50k on margin to your cash balance. You purchased an asset with margi...
by 3504PIR
Mon Sep 23, 2019 9:31 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 384
Views: 54465

Re: Roll Call for the Retirement Class of 2019!

I have received my final paycheck and am happily off the rolls with my FORMER employer, the US Government! Retirement number one was from the Army 11 years ago and now I have completed my short 11 year and 2 months as a federal employee with the Department of Defense. 34 years total for my “careers...
by 3504PIR
Mon Sep 23, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Gap Year, Sabbatical, Leave of Absence - Questioning My Sanity
Replies: 48
Views: 8144

Re: Gap Year, Sabbatical, Leave of Absence - Questioning My Sanity

Hi Everyone, OP here! Nearly two years later, and updating anyone who is still here on the forums after this time has passed. Since my post upthread, we've both switched jobs, cut our expenses fairly significantly (~20%), and are currently sitting around 18 years of our actual trailing twelve month...
by 3504PIR
Mon Sep 23, 2019 9:24 pm
Forum: Personal Consumer Issues
Topic: First car for child
Replies: 129
Views: 7992

Re: First car for child

I worked for my first car as well, but like you felt our daughter had better things to do with her time. We took this in stages. Her first car in High School was a 10 year old Mazda we paid $5k for. She ran into stuff with it, embankments backed into, parking garage scrapes, etc. Sold it for a coupl...
by 3504PIR
Sun Sep 22, 2019 12:15 am
Forum: Personal Consumer Issues
Topic: How hard is it to get into college?
Replies: 167
Views: 10461

Re: How hard is it to get into college?

My experience as a former faculty member at a large SEC school and the parent of a college junior is that the game has changed dramatically in the last decade or two and it all comes down to where she hopes to go. Large state schools like the University of Michigan, UCLA or Auburn can be highly comp...
by 3504PIR
Sun Sep 22, 2019 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Gap Year, Sabbatical, Leave of Absence - Questioning My Sanity
Replies: 48
Views: 8144

Re: Gap Year, Sabbatical, Leave of Absence - Questioning My Sanity

Hi Everyone, OP here! Nearly two years later, and updating anyone who is still here on the forums after this time has passed. Since my post upthread, we've both switched jobs, cut our expenses fairly significantly (~20%), and are currently sitting around 18 years of our actual trailing twelve month...
by 3504PIR
Fri Sep 13, 2019 4:29 pm
Forum: Personal Consumer Issues
Topic: What dish soap do you use?
Replies: 54
Views: 3217

Re: What dish soap do you use?

We mostly use dawn as it seems to really work well and it cuts grease as advertised. Additionally it is the most recommended for other tasks around the house such as an ingredient in homemade weed killer and a very good poison ivy wash, etc.
by 3504PIR
Fri Sep 13, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Whistleblowing / Going Rogue at Work
Replies: 122
Views: 6405

Re: Whistleblowing / Going Rogue at Work

The only question that matters is why you took this path in the first place.
by 3504PIR
Fri Sep 06, 2019 4:25 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Financial Literacy Certification?
Replies: 18
Views: 2310

Re: Boglehead Financial Literacy Certification?

The real test and certification has two parts; one when you retire and the other when you pass away.
by 3504PIR
Fri Sep 06, 2019 4:21 pm
Forum: Personal Consumer Issues
Topic: A bike tour from Bolzano to Vienna (update: photos added)
Replies: 17
Views: 1590

Re: A bike tour from Bolzano to Vienna (3rd and final report added)

As someone who rides a road bike, I have a lot of respect for your touring and love reading your reports. Thank you!
by 3504PIR
Thu Sep 05, 2019 11:27 am
Forum: Personal Consumer Issues
Topic: Aliens have captured my husband [wants to buy a Porsche]
Replies: 138
Views: 11181

Re: Aliens have captured my husband [wants to buy a Porsche]

We are on our second Porsche Macan and have enjoyed both. Maintenance is pretty straight forward if you have a good dealer/service center you would go to. Annual oil changes have cost about $300 which includes other routine changes like filters and other fluids. We had a transfer case go on our fir...
by 3504PIR
Thu Sep 05, 2019 12:45 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 384
Views: 54465

Re: Roll Call for the Retirement Class of 2019!

I have received my final paycheck and am happily off the rolls with my FORMER employer, the US Government! Retirement number one was from the Army 11 years ago and now I have completed my short 11 year and 2 months as a federal employee with the Department of Defense. 34 years total for my “careers,...
by 3504PIR
Thu Sep 05, 2019 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Federal Employees Group Life Insurance Basic Policy After Retirement
Replies: 18
Views: 960

Re: Federal Employees Group Life Insurance Basic Policy After Retirement

I did not keep FEGLI after I retired because it's the most over priced insurance on the planet. If you're in reasonable health, you should be able to get a term policy to cover the gap. The only way I would consider the FEGLI policy is if you wouldn't be able to obtain insurance from any other prov...
by 3504PIR
Wed Sep 04, 2019 6:47 pm
Forum: Personal Investments
Topic: Looking for stream of dividends
Replies: 61
Views: 5405

Re: Looking for stream of dividends

You have probably noticed that this isn’t a very pro-dividend community. That being said, you can set up a diversified dividend growth portfolio but it will take some study and planning. I’d recommend reading Josh Peters book “The Ultimate Dividend Playbook” as a solid study on setting up a diversif...
by 3504PIR
Wed Sep 04, 2019 1:26 am
Forum: Investing - Theory, News & General
Topic: For those who have bonds in taxable, why and which ones?
Replies: 42
Views: 3667

Re: For those who have bonds in taxable, why and which ones?

I hold ibonds, treasury bills and notes and muni bond funds in taxable. I hold those bonds in taxable status as half of my portfolio is in non-retirement accounts by design as I have retired early and wanted to cover that period with funds I can easily access. Retirement accounts can be accessed ear...
by 3504PIR
Mon Sep 02, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: Help With New Car Purchase - Macan S versus...
Replies: 57
Views: 5126

Re: Help With New Car Purchase - Macan S versus...

We recently traded our 2015 Macan S for a 2018 Macan with the 4 cylinder engine and are very happy. You will save $20k or more by getting the base Macan vs the Macan S. If you were not aware, they now have 3 versions, the Macan, Macan S and Macan turbo. I was confused for a while myself when conside...
by 3504PIR
Tue Aug 20, 2019 12:20 pm
Forum: Personal Consumer Issues
Topic: Aliens have captured my husband [wants to buy a Porsche]
Replies: 138
Views: 11181

Re: Aliens have captured my husband [wants to buy a Porsche]

We are on our second Porsche Macan and have enjoyed both. Maintenance is pretty straight forward if you have a good dealer/service center you would go to. Annual oil changes have cost about $300 which includes other routine changes like filters and other fluids. We had a transfer case go on our firs...
by 3504PIR
Sat Aug 10, 2019 10:35 pm
Forum: Investing - Theory, News & General
Topic: Why do dividends still exist?
Replies: 204
Views: 12520

Re: Why do dividends still exist?

People often look at dividends from the perspective of mutual fund ownership, which is natural if one owns mutual funds that pay dividends from underlying holdings. The way to look at dividends is from the perspective of a direct shareholder which makes it much simpler to me even though both are the...
by 3504PIR
Sat Aug 10, 2019 1:28 pm
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 9662

Re: Critique my exercise routine because it's not working for me

As others have said, diet/nutrition are very important. I would adjust your lifting as recommended, you can split it in to two days or you can split it to in between your cardio days which will give you better cardio results. Also add some exercises that target your core more, that will help. One th...
by 3504PIR
Sun Aug 04, 2019 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: The middle of this feels... odd
Replies: 16
Views: 3549

Re: The middle of this feels... odd

I don’t have any great comment to give on the feeling you’re having, but I can say that you’ve done the hard part, building your net worth to that point at your age. Odds are you don’t have to add another penny to your savings as you have taken advantage of the most critical factor- time. That being...
by 3504PIR
Tue Jul 30, 2019 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Military spouse - accept job with or without benefits?
Replies: 7
Views: 945

Re: Military spouse - accept job with or without benefits?

As a military spouse, my wife has negotiated her benefits in a variety of ways, mostly to the benefit of gaining more time off while turning down medical, et. In this case, it seems that taking the benefits would be the way to go as you have spelled it out. I don’t see a clear advantage to not takin...
by 3504PIR
Sat Jun 22, 2019 6:04 pm
Forum: Personal Consumer Issues
Topic: Do you Casino? What do you play? Have you won?
Replies: 82
Views: 5548

Re: Do you Casino? What do you play? Have you won?

I was in Las Vegas about a week ago and didn’t gamble much, but played two sessions of poker and averaged about $50 an hour and made a random bet on the hockey finals and won at +130. Overall up about $300 for the weekend from that which balanced out with what we ate so it was irrelevant. We have a ...
by 3504PIR
Wed Jun 12, 2019 11:40 pm
Forum: Personal Consumer Issues
Topic: Which shaving cream / oil?
Replies: 58
Views: 4189

Re: Which shaving cream / oil?

I use Proraso shave cream and love it. I’m currently on a long road trip and I’m using a “Berber Tiras Sabuno” stick I received as a free gift from shave nation and it works really well even without a brush. I’ve found shave soap in general way cheaper to use than the crap from a can and using a bru...
by 3504PIR
Wed Jun 12, 2019 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Best prepaid debit card for a teen
Replies: 23
Views: 1465

Re: Best prepaid debit card for a teen

I found it best to have my kids open accounts in the same bank as myself (jointly with myself if under adult age). Transfers from myself to them is instant and cost free. Normally a debit card on a child's account (or student's account) should cost nil. Talk to your local branch. Major headache wit...