Search found 289 matches

by John Z
Thu Apr 19, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: SPIVA - year end 2017
Replies: 1
Views: 248

Re: SPIVA - year end 2017

Yes, thanks for the reminder. I love looking at this report.
by John Z
Tue Apr 17, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: Morningstar's Guide to Passive Investing
Replies: 1
Views: 438

Re: Morningstar's Guide to Passive Investing

Thank you for posting as I wouldn't have seen this since I find less time for going to Morningstar.
by John Z
Mon Apr 16, 2018 7:55 am
Forum: Investing - Help with Personal Investments
Topic: What to do about withdrawal this year if market doesn't go up?
Replies: 32
Views: 2865

Re: What to do about withdrawal this year if market doesn't go up?

Go to http://livingoffyourmoney.com/ where you can download the first 3 chapters. Chapter 3 is one of the best and this can give you some insight on what approach/plan you want to take for withdrawals. Better yet if you are so inclined you can purchase the book and whatever the price it is well wort...
by John Z
Mon Apr 16, 2018 6:45 am
Forum: Personal Consumer Issues
Topic: Removing oil stains on garage floor
Replies: 10
Views: 1129

Re: Removing oil stains on garage floor

Yeah, just clay cat litter. Grind it into powder with your foot and let set for a couple of days and you won't even know there was a stain there.
by John Z
Sun Apr 15, 2018 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: RMD/Taxable account holding place.
Replies: 3
Views: 369

Re: RMD/Taxable account holding place.

I've used VG Short Term Bond Fund to park money for 2-3 years.
by John Z
Tue Apr 10, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Two Interesting Investing Articles
Replies: 1
Views: 498

Re: Two Interesting Investing Articles

Love the index card information!
by John Z
Tue Apr 10, 2018 11:44 am
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5198

Re: Retirees: Who's increasing their equities as they age?

Currently in my 60s and am retired 7 years with a 45/55 AA. Been thinking about increasing my equity side a bit. Are there retirees who are/or are planning to up their equity proportion as they age and why they would be doing that? Been retired for 6 years. Wife and I feel like we've won the game s...
by John Z
Sun Apr 08, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Can we discuss renting a car? [Insurance]
Replies: 25
Views: 1246

Re: Can we discuss renting a car?

Wife and I go to LV a couple of times a year so have rented many times. I say this not to bash the company, but since you will be traveling a great distance and don't want any breakdowns, do not rent from Fox Rent a Car. We do since we stay nearby and don't put more than 150 miles on a trip. They ar...
by John Z
Sun Apr 08, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Single Vanguard LifeStrategy fund for retirement vs 2- or 3-fund approach
Replies: 18
Views: 1339

Re: Single Vanguard LifeStrategy fund for retirement vs 2- or 3-fund approach

He wasn't criticizing Vanguard but the idea of a single fund in retirement rather than say, two funds (one stock, one bond). Does this point of view have validity, in your opinions? Yes, it is best to have separate bond and stock funds when withdrawing during retirement. If not you have no control ...
by John Z
Thu Apr 05, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Cash Arrived At Roth - Buy Three-Funds and Done?
Replies: 7
Views: 587

Re: Cash Arrived At Roth - Buy Three-Funds and Done?

Well, consider this: All gains in Roth are tax free so numerous experts suggest putting the most volatile or potential for highest gain securities in Roth. Bonds are not part of this group so don't waste the no tax gains on small bond returns.
by John Z
Mon Apr 02, 2018 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Max-funding an Index Universal Life policy to the IRS limit??
Replies: 107
Views: 5289

Re: Max-funding an Index Universal Life policy to the IRS limit??

Forgot to include this link

https://www.whitecoatinvestor.com/rebut ... insurance/

Where he rebuts the 16 Reasons Why Accountants Prefer Indexed Universal Life Insurance

in plain understandable words.
by John Z
Mon Apr 02, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Max-funding an Index Universal Life policy to the IRS limit??
Replies: 107
Views: 5289

Re: Max-funding an Index Universal Life policy to the IRS limit??

Hello ElmoHongZito welcome to the forum. I have been a "quiet" lurker and member of this forum for over 10 years. My wife and I have been successfully retired for 5 years as a NH resident with a winter home in FL. All of our retirement assets come from our years of working and frugality, and saving ...
by John Z
Sun Apr 01, 2018 6:00 am
Forum: Personal Finance (Not Investing)
Topic: auto/umbrella insurance agents
Replies: 7
Views: 708

Re: auto/umbrella insurance agents

My Brown and Brown insurance agent found Travelers for auto, home and umbrella in the Northeast.
by John Z
Wed Mar 28, 2018 3:03 pm
Forum: Investing - Theory, News & General
Topic: Prime Harvesting--Do I have the steps accurate
Replies: 8
Views: 1164

Re: Prime Harvesting--Do I have the steps accurate

You may also want to take a look at the ERN article (the entire series on withdrawal strategies is excellent) that discusses a smoother version of harvesting to reduce the abrupt changes in AA that results from McClung's approach: https://earlyretirementnow.com/2017/04/19/the-ultimate-guide-to-safe...
by John Z
Mon Mar 26, 2018 8:09 am
Forum: Investing - Theory, News & General
Topic: Prime Harvesting--Do I have the steps accurate
Replies: 8
Views: 1164

Re: Prime Harvesting--Do I have the steps accurate

He provides the exact details needed in Chapter 3 on page 91 of his free pdf download at

http://livingoffyourmoney.com/
by John Z
Wed Mar 21, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Math question to buy new car: pay full, 0% 36 months, 0.9% 60 months
Replies: 35
Views: 2428

Re: Math question to buy new car: pay full, 0% 36 months, 0.9% 60 months

My question is: what is the full amount price (not in dollars but is it the final negotiated price, sticker price, invoice price, etc.)? If you have already rec'd what you consider the lowest price that you could get I think you should get at least $1000 discount assuming a mid-priced model. More if...
by John Z
Wed Mar 21, 2018 10:56 am
Forum: Investing - Help with Personal Investments
Topic: RMDs - where to take & how to report
Replies: 3
Views: 593

Re: RMDs - where to take & how to report

I see that no one else has chimed in to answer another of your RMD questions so I looked it up. The custodian notifies IRS of all activity in your IRA(s). Here's a simple answer: Each year, the custodian of your IRA sends a Form 1099-R to you and the IRS which indicates how much you withdrew from yo...
by John Z
Tue Mar 20, 2018 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: RMDs - where to take & how to report
Replies: 3
Views: 593

Re: RMDs - where to take & how to report

What strategy other than the items below should I use in deciding from which IRAs to take RMDs? (1) Is my portfolio in need of rebalancing? (2) Which IRA investments do I feel will do the best / worst in the coming year? [Yes, this is market timing but how else do you make the decision?] Answering ...
by John Z
Fri Mar 09, 2018 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Lazy Portfolio Examples (old Kiplinger articles)
Replies: 5
Views: 654

Re: Lazy Portfolio Examples (old Kiplinger articles)

Not to confuse/complicate your lazy portfolio ideas but try this:

https://www.whitecoatinvestor.com/150-p ... han-yours/

To me this is the universe of lazy portfolios and with a bit of tweaking for your own AA and risk, there are nearly an infinite number of variations.
by John Z
Sat Mar 03, 2018 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to short the equity market
Replies: 93
Views: 5108

Re: Best way to short the equity market

Check out the Vanguard Market Neutral Fund Investor Shares at
https://personal.vanguard.com/us/funds/ ... irect=true
The downside is you need a minimum of $250K.
by John Z
Wed Feb 28, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Prime Harvesting Spreadsheet: Does it work in LibreOffice?
Replies: 1
Views: 190

Re: Prime Harvesting Spreadsheet: Does it work in LibreOffice?

I have been using Prime Harvesting since we retired in 2012. But unknowingly and instinctively was using a variation of McClung's Prime Harvesting where I would convert, instead of waiting for 120% stock appreciation before converting to bonds, I was using a 110% stock level to convert to bonds. Whe...
by John Z
Mon Feb 26, 2018 11:33 am
Forum: Local Chapters and Bogleheads Community
Topic: Nisiprius at 35,000 posts
Replies: 60
Views: 4833

Re: Nisiprius at 35,000 posts

2^20 back to you!
by John Z
Sun Feb 25, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: Ever thought of withdrawing bond allocation first ??
Replies: 23
Views: 1894

Re: Ever thought of withdrawing bond allocation first ??

I replied to someone requesting efficient RMD withdrawals so I'll just copy it here. Bonds First is a withdrawal strategy. For more details, read below: Refer to http://livingoffyourmoney.com/ where McClung has written a 350 page book about this topic. But don't be overwhelmed. At his site you can d...
by John Z
Fri Feb 23, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: What is the most efficient method of taking RMDs from my IRA
Replies: 9
Views: 1192

Re: What is the most efficient method of taking RMDs from my IRA

This reply is a bit different than answering your question about the most efficient method of taking RMDs but rather Maximizing Your Income by using an efficient Income Harvesting Strategy. In taking an RMD it's more important to harvest them efficiently rather than trying to determine when in the y...
by John Z
Thu Feb 15, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: How many of you use the "4% rule" during retirement?
Replies: 68
Views: 8833

Re: How many of you use the "4% rule" during retirement?

Retired 5 years. Don't use a strict 4% rule but a homemade rule which is really a constant percentage rule: Keep a running IRA total balance at end of every quarter and identify 1% of it as being available for withdrawal. Keep another column of actual withdrawal amounts and another column to show if...
by John Z
Wed Jan 31, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - Is it worth it.
Replies: 43
Views: 3322

Re: Umbrella Policy - Is it worth it.

In over 50 years of driving wife and I have never had an accident. Being retired for 5 years, we know our reflexes have slowed and will continue to slow and the chances of causing an accident increase. Worst fear is that we do not see a motorcycle with 2 people riding and we cause a fatal accident. ...
by John Z
Wed Jan 24, 2018 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Recommendation from a Fee Only Advisor
Replies: 25
Views: 2648

Re: Recommendation from a Fee Only Advisor

Not to confuse you but show you that it is impossible to predict what a given portfolio will return so the White Coat Investor provides this consisting of mostly index funds:

150 Portfolios Better Than Yours

https://www.whitecoatinvestor.com/150-p ... han-yours/
by John Z
Sun Jan 21, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 88
Views: 6000

Re: Post Your Morningstar Box Style

walletless wrote:
Sun Jan 21, 2018 2:05 pm
John Z wrote:
Sun Jan 21, 2018 2:01 pm
00 79 00
00 21 00
00 00 00
Curious, What is you Bonds composition?
VG Total Bond Market Index Admiral.

Correction: Just remembered: Wife has some Wellesley in IRA so the box does not show pure Total Bond.
by John Z
Sun Jan 21, 2018 2:01 pm
Forum: Investing - Theory, News & General
Topic: Post Your Morningstar Box Style
Replies: 88
Views: 6000

Re: Post Your Morningstar Box Style

21 17 13
06 09 12
06 06 09

00 79 00
00 21 00
00 00 00
by John Z
Mon Dec 25, 2017 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Large insurance settlement
Replies: 4
Views: 1007

Re: Large insurance settlement

I only know of one large settlement and it is being paid out in an annuity-like manner, not a lump sum. Do you know what the payout details are?
by John Z
Fri Dec 22, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Strategy for month of the year to retire
Replies: 33
Views: 2675

Re: Strategy for month of the year to retire

Wife and I retired as soon as we were eligible for Medicare. Our birthdays are 2 months apart so it was easy.
by John Z
Fri Dec 22, 2017 8:46 am
Forum: Personal Finance (Not Investing)
Topic: If you live in NJ: veterans $3000 tax exemption
Replies: 1
Views: 306

Re: If you live in NJ: veterans $3000 tax exemption

Fantastic. We need all the help we can get. Thank you.
by John Z
Mon Dec 18, 2017 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance After Retirement
Replies: 13
Views: 868

Re: Term Life Insurance After Retirement

No. Retired for 5 years. 10 years prior to retirement didn't need the full coverage term we had so we reduced the insurance coverage by 50% which also lowered our premiums by the same percentage. When we retired we stopped the insurance.
by John Z
Thu Dec 14, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: ESPP - Would you participate and what's your strategy
Replies: 24
Views: 1938

Re: ESPP - Would you participate and what's your strategy

The question becomes after 6 months to sell and pocket the difference or wait another 6 months to get LTCG if in gain position. The rules for it turning the gains into LTCG are a bit more complex than that. Depending on how the plan is set up it may take 18 months after the end of 6 month purchase ...
by John Z
Tue Dec 12, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Lump Sum vs. Annuity
Replies: 41
Views: 3102

Re: Early Retirement - Lump Sum vs. Annuity

Also consider taxes, controlling them. With the pension annuity you'll have $50-$60K rolling in every year that is taxable with no way to stop it. With taking the lump sum you'll know what your tax universe is and have some room and options to maximize your income and minimize taxes.
by John Z
Tue Nov 07, 2017 8:16 pm
Forum: Investing - Theory, News & General
Topic: National Registry of Unclaimed Retirements Benefits
Replies: 3
Views: 559

Re: National Registry of Unclaimed Retirements Benefits

Has this happened to anyone? Years ago a friend went to file for SS early, 62 or 63 don't recall. He met with SS and gave them all the information they requested, Since he was still working they had to calculate how much money to withhold based on his current salary. In their research they uncovered...
by John Z
Mon Oct 30, 2017 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 9904

Re: My 401k is almost all cash now. 1/2 Mil

Welcome to the forum!

Being 48 years old and going to all cash is going to dead money. Inflation will cause you to lose the time power of compounding especially if this market continues upward for months or longer. At least consider a bond index fund where you can earn 2-4% per year.
by John Z
Fri Oct 27, 2017 8:04 am
Forum: Investing - Help with Personal Investments
Topic: RMD distribution timing
Replies: 32
Views: 3009

Re: RMD distribution timing

We take ours roughly quarterly and only have taxes withheld on the last withdrawal in the 4th quarter. We estimate our taxes then and use that to determine how much to have withheld. The IRS allows you to take your entire year's total tax withholding at the end of the year so that's what we do. We p...
by John Z
Thu Oct 26, 2017 1:46 pm
Forum: Investing - Theory, News & General
Topic: Stocks go up, bonds fall. Stock fall, bonds also fall.
Replies: 51
Views: 6032

Re: Stocks go up, bonds fall. Stock fall, bonds also fall.

I don't look at the daily price since I'm retired. I only like seeing the monthly dividends pile up in our accounts.
by John Z
Sat Sep 23, 2017 7:46 pm
Forum: Personal Consumer Issues
Topic: cataract surgery: accommodating vs multifocal lens implants
Replies: 15
Views: 1238

Re: cataract surgery: accommodating vs multifocal lens implants

Thank you for all the comments. I will be having this surgery in January and have to make these decisions so I have time to understand the different options although I'm leaning toward the regular lenses since I've worn glasses most of my life. I have a couple of minor eye issues that will still req...
by John Z
Sat Sep 02, 2017 12:52 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 21004

Re: [Are the Bogleheads] getting less interesting?

Let's settle this question once and for all: Start a survey. Oops.
by John Z
Wed Aug 23, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: At age 66, should let my $1MM life insurance policy lapse?
Replies: 32
Views: 4830

Re: At age 66, should let my $1MM life insurance policy lapse?

I was in a similar position several years ago and what I did for the last 3 years was (Northwestern term policy) reduce my coverage by half and the premiums followed so at least I had some coverage for the last 3 years. I thought this was a good way to stay covered for less money.
by John Z
Sun Aug 20, 2017 8:08 am
Forum: Personal Consumer Issues
Topic: sheets for older, thinner mattresses?
Replies: 13
Views: 1310

Re: sheets for older, thinner mattresses?

I have the same problem so partially solved it by putting on a flannel fitted sheet and then the regular sheet. The flannel helps keep the regular sheet in position. Not totally a solution but does help and minimize slipping.
by John Z
Sat Aug 19, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: Anyone Using LINE for Free Int'l Cell Phone Calls?
Replies: 2
Views: 322

Anyone Using LINE for Free Int'l Cell Phone Calls?

Free international voice and video calls.

https://line.me/en/

Would like to know how dependable it is and the quality of the connections. Also ease of set up.
by John Z
Tue Aug 15, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Withdrawal Options?
Replies: 10
Views: 1514

Re: Withdrawal Options?

Sorry, forgot to reply to your Inflation-Adjusted Deferred Immediate Annuities comment. These don't start paying until 20 or 30 years down the road. Sounds good but these vehicles have a serious flaw: the inflation adjustment doesn't start until payments begin. This effectively cripples the viabilit...
by John Z
Tue Aug 15, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Withdrawal Options?
Replies: 10
Views: 1514

Re: Withdrawal Options?

In looking though the TOC, there is a mention of a "Blanket of Inflation-Adjusted SPIAs". What's that? Also note, earlier, author puts "inflation-adjusted deferred immediate annuities" in a "less desirable" category. (As an aside, shouldn't that be something like "inflation adjusted deferred single...
by John Z
Sat Aug 12, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Withdrawal Options?
Replies: 10
Views: 1514

Re: Withdrawal Options?

OP, You may want to examine McClung's book, Living Off Your Money for retirement withdrawal strategies and which ones are optimal. You don't need to buy anything but go to livingoffyourmoney.com where you can view the TofC and download for free the first 3 chapters. Chapter 3 is the best chapter and...
by John Z
Fri Jul 28, 2017 9:06 am
Forum: Investing - Theory, News & General
Topic: Barron's: Vanguard’s Bossing the Bond Game
Replies: 6
Views: 1250

Re: Barron's: Vanguard’s Bossing the Bond Game

Vanguard's own search won't show you anything for VTBIX, but luckily Google will: https://advisors.vanguard.com/VGApp/iip/site/advisor/investments/productoverview?fundId=0635 If you go to https://investor.vanguard.com/mutual-funds/list#/mutual-funds/asset-class/month-end-returns and set the filters...
by John Z
Tue Jul 11, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on spending in retirement
Replies: 1
Views: 567

Re: Thoughts on spending in retirement

I do exactly that: keep a running total of withdrawals @ 1% per quarter (of total IRAs) in my spreadsheet on the withdrawals tab. Don't need all the money so at least know what amounts I could withdraw when needed. A couple of times had a negative balance because of a couple large expenses but broke...