Search found 2265 matches

by Bongleur
Sun Jul 28, 2019 9:39 pm
Forum: Personal Consumer Issues
Topic: Uber Without Smartphone
Replies: 103
Views: 7942

Re: Uber Without Smartphone

"the incremental cell phone cost is about 0 if you don't use data. " So... "data" is a category. What are all the categories & what's in each category? wrt data speed -- I presume the slowest is satisfactory for anything conversational or transactional? Can you decide which speed to use? Or do they ...
by Bongleur
Sun Jul 28, 2019 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: When to take Social Security, SSAnalyze, and the TVM?
Replies: 24
Views: 3888

Re: When to take Social Security, SSAnalyze, and the TVM?

JoeRetire wrote:
Sun Jul 28, 2019 6:12 am
Bongleur wrote:
Sun Jul 28, 2019 3:39 am
So, in April of this year I decided to make my own. It’s available now, and you can try it out it here:

https://opensocialsecurity.com/
You are Mike Piper?
I wish. Just quoting sources trying to trace info about this SSAnalyzer thing.
by Bongleur
Sun Jul 28, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Using the Time Value of Money Formula to Determine Withdrawals: Year 2000 Retiree Example
Replies: 71
Views: 6387

Re: Using the Time Value of Money Formula to Determine Withdrawals: Year 2000 Retiree Example

When I've brought up the concept of using the TVM formula to calculate annual withdrawals in other threads, ... and the TMV formula would indicate what the current withdrawal should be. Can you give a link to the official Bogleheads "TVM Formula?" This? https://finpage.blog/2019/02/01/early-retirem...
by Bongleur
Sun Jul 28, 2019 4:13 am
Forum: Investing - Theory, News & General
Topic: Time Value of Money vs. Variable Percentage Withdrawal (VPW)
Replies: 145
Views: 13320

Re: Time Value of Money vs. Variable Percentage Withdrawal (VPW)

I didn't start this thread. A moderator split out the OP from another thread, which is why there isn't a real introduction to it. No, this isn't a sinking fund at all. Yes, someone has made a spreadsheet for this. Several posters, especially Siamond, have made great contributions to this topic. I j...
by Bongleur
Sun Jul 28, 2019 3:39 am
Forum: Personal Finance (Not Investing)
Topic: When to take Social Security, SSAnalyze, and the TVM?
Replies: 24
Views: 3888

Re: When to take Social Security, SSAnalyze, and the TVM?

??? SSAnalyze ??? Is this something that can be distributed via DropBox etc? https://obliviousinvestor.com/new-free-open-source-social-security-calculator/ > Maximize My Social Security and Social Security Solutions are the two best-known paid calculators in the field. For a few years though, there ...
by Bongleur
Sun Jul 28, 2019 2:54 am
Forum: Personal Finance (Not Investing)
Topic: Using the Time Value of Money Formula to Determine Withdrawals: Year 2000 Retiree Example
Replies: 71
Views: 6387

Re: Using the Time Value of Money Formula to Determine Withdrawals: Year 2000 Retiree Example

When I've brought up the concept of using the TVM formula to calculate annual withdrawals in other threads, ... and the TMV formula would indicate what the current withdrawal should be. Can you give a link to the official Bogleheads "TVM Formula?" This? https://finpage.blog/2019/02/01/early-retirem...
by Bongleur
Sat Jul 27, 2019 10:29 pm
Forum: Investing - Theory, News & General
Topic: Time Value of Money vs. Variable Percentage Withdrawal (VPW)
Replies: 145
Views: 13320

Re: Time Value of Money vs. Variable Percentage Withdrawal (VPW)

VPW doesn't appeal to me personally because I'm not a huge fan of SPIAs. For those wanting a more 'hands on' approach, a simple time value of money calculator can be used instead. You simply input the dollar amount of your portfolio that you wish to amortize (it could be all of your portfolio or so...
by Bongleur
Fri Jul 26, 2019 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Update with Part 2: What would it take for you, the non-landlord, passive-investor, to become a landlord?
Replies: 57
Views: 4550

Re: Update with Part 2: What would it take for you, the non-landlord, passive-investor, to become a landlord?

Think about expected returns, and risk. If the cash from selling would be allocated to stocks, they have a high volatility & are "due" for a steep correction. If allocated to bonds -- well, 10 yr treas are making under 3%. Consider what bond yields / market price will become if rates rise or fall. I...
by Bongleur
Fri Jul 26, 2019 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Natl. Trust Co. - Important Information
Replies: 62
Views: 5646

Re: Vanguard Natl. Trust Co. - Important Information

OP - you've provided continuing info from Vanguard, it would be useful to paste that into the 1st post. Having to pre-designate which assets would be in a different trust than Vanguard sounds like a real PIA, since investments are dynamic. Wonder if Vanguard would accept a condition that any assets ...
by Bongleur
Fri Jul 26, 2019 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: LTCI - creating a 3 year exclusion period for Long Term Care Insurance
Replies: 1
Views: 291

LTCI - creating a 3 year exclusion period for Long Term Care Insurance

Seems that the statutory maximum exclusio period for LTCI is 1 year. Kitces explains why a much longer period would reduce rates: https://www.kitces.com/blog/can-increasing-the-long-term-care-insurance-elimination-period-make-coverage-appealing-again/ I wonder if you could get an effectively longer ...
by Bongleur
Fri Jul 26, 2019 3:23 am
Forum: Personal Consumer Issues
Topic: Uber Without Smartphone
Replies: 103
Views: 7942

Re: Uber Without Smartphone

So how do you PAY the guy once he arrives?
I'd want to get a dedicated credit card if its going to be linked to the phone for some sort of automagic transfer process...
And not knowing the cost of just using the thing, beforehand. 2cents/MB... so what use is that info?
by Bongleur
Fri Jul 26, 2019 3:13 am
Forum: Personal Consumer Issues
Topic: Uber Without Smartphone
Replies: 103
Views: 7942

Re: Uber Without Smartphone

Regular users of smartphones forget how difficult the device is for novices, particularly technology-adverse and/or age-impaired. Smartphone operation, Uber & Lyft app operation, contacts, address books, messaging, bottom-end smartphone plan management. And there don't seem to be any books or inter...
by Bongleur
Fri Jul 26, 2019 2:15 am
Forum: Personal Consumer Issues
Topic: Spotting scopes
Replies: 21
Views: 1507

Re: Spotting scopes

A LER (long eye relief) eyepiece is very nice esp if you wear glasses. Check the minimum focus distance, your backyard might be too close to see ! There are attachments to fasten a camera (errr, "device") to the eyepiece for photography. I'm looking for a scope or preferably binoculars that focus le...
by Bongleur
Thu Jul 18, 2019 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Why I don't think I should get long term care insurance right now
Replies: 164
Views: 12116

Re: Why I don't think I should get long term care insurance right now

Hybrid Reimbursement of premium after ten years equals only 81% of the real value at 2% inflation. 73% at 3% inflation. Everyone seems to think that when LTCI runs out Medicaid starts. My mother has a pension income that is too high for Medicaid, but its only a fraction of her care costs. No signifi...
by Bongleur
Wed Jul 17, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Should i disclose my liability insurance policy limits?
Replies: 20
Views: 2641

Re: Should i disclose my liability insurance policy limits?

I suppose that the insurance company's lawyer is not YOUR lawyer. So if you think you could be at fault, should you immediately hire your own lawyer, and let him do all the communication between the other party AND your insurance company? And it seems that one of the things I would want is insurance...
by Bongleur
Tue Jul 16, 2019 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 199
Views: 10568

Re: Medigap vs Advantage: Which did you select?

Based on what I've seen posted on this Board it seems most of the upper-income folks (like you) just naturally gravitate toward Medicare with either Plan F or G, and blow off MA. As the cost of either of those Plans is not a major factor for them, and they don't want the hassles of MA networks, hig...
by Bongleur
Sat Jun 29, 2019 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 690
Views: 70276

Re: Why are you NOT buying rental properties?

I want a better understanding of how depreciation gives cash "now" but is Recaptured later by raising your taxes when you sell. If you don't roll into another rental, do you expect to finally sell a property and get much cash after taxes from the sale? Is "tax bracket arbitrage" an important thing -...
by Bongleur
Fri Jun 28, 2019 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Landlords - assessing amount security deposit to return?
Replies: 50
Views: 3684

Re: Landlords - assessing amount security deposit to return?

Good stuff. I guess I need to get the PM to send me the move-out checklist, and if they are not using one, find out why. PM says tenant had carpets cleaned & they look OK except for the one area that's old anyway. ??? NOLO ??? New tenant hoped I could get neighbor to clean up their yard so they don'...
by Bongleur
Thu Jun 27, 2019 3:46 am
Forum: Personal Finance (Not Investing)
Topic: Landlords - assessing amount security deposit to return?
Replies: 50
Views: 3684

Re: Landlords - assessing amount security deposit to return?

So the PM needs to be informing me of the grade/lifespan of the carpet & paint being used.
Good to know.

OTOH I read a comment from an owner on BH saying that his lease specified leaving it in "move in conditon."
by Bongleur
Thu Jun 27, 2019 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Landlords - assessing amount security deposit to return?
Replies: 50
Views: 3684

Landlords - assessing amount security deposit to return?

Do you keep the security deposit as a matter of course, for paying for fixing the place up again? or do you calculate & estimate the costs and only retain that much? My prop mgmt agent says she wants to return it all -- and yet she has a list of "freshen ups" that will cost money. Are there any gene...
by Bongleur
Wed Jun 26, 2019 1:54 pm
Forum: Investing - Theory, News & General
Topic: Annuities objectively considered
Replies: 128
Views: 11986

Re: Annuities objectively considered

And the issues surrounding the breakeven date are the same for when to take Social Security. I suppose a person in fortunate circumstances might minimize taxes & get good income by delaying SS while they ROTH Convert, and then delay income again with an Inflation Adjusted SPIA. seems like there is a...
by Bongleur
Tue Jun 25, 2019 4:40 am
Forum: Investing - Theory, News & General
Topic: Annuities objectively considered
Replies: 128
Views: 11986

Re: Annuities objectively considered

...Furthermore, Dr. Wade Pfau calculated that the breakeven point where the monthly income from Annuity B would match the monthly income for Annuity B would be about 20 years which is about the same as life expectancy. ... Pfau's example in his paper showed that the initial monthly payout in a fixe...
by Bongleur
Tue Jun 25, 2019 12:55 am
Forum: Personal Finance (Not Investing)
Topic: Tenant identity theft issue on lease
Replies: 40
Views: 4303

Re: Tenant identity theft issue on lease

The daughter has stated that she is NOT your tenant. So she is not covered under the tenancy protections for eviction procedures Other than the lease stating how long a guest can stay, she is trespassing. You might be able to force her off the property easier than the tenant (mother). So investigate...
by Bongleur
Wed Jun 12, 2019 1:42 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 796
Views: 257343

Re: Retiree Portfolio Model

There is no help file, as the cell comments fulfill that function. I have been looking at techniques for printing all the cell comments and plan to include that in a future release, but again it may not be available in Libre. Is it possible to write a script that will look at every cell, and if the...
by Bongleur
Mon Jun 03, 2019 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 796
Views: 257343

Re: Retiree Portfolio Model

Another, simpler, solution if you assume long term growth rates are going to be an annualized 7%, just set your return rate so something less to account for the unknowns, such as 5% annualized. You will save a lot of work and a few headaches, 2,500 monte carlo simulations and cross checking to mult...
by Bongleur
Mon Jun 03, 2019 1:43 am
Forum: Investing - Theory, News & General
Topic: Should we discourage the bond tent?
Replies: 148
Views: 13723

Re: Should we discourage the bond tent?

Using a bond tent definitely hurts. ... My tests show that a bond tent hurts in 70% of retirement cohorts by an average of $2,000/year[*]. And in 10% of cases by as much as $5,000-$7,000/year. ...I retired expecting to live off of $40,000 a year and end up living off [SOMETHING ELSE]... The bond te...
by Bongleur
Mon Jun 03, 2019 1:26 am
Forum: Investing - Theory, News & General
Topic: Should we discourage the bond tent?
Replies: 148
Views: 13723

Re: Should we discourage the bond tent?

"Sequence of Returns Risk" is a real danger for retirees. No, IT'S NOT, unless a retiree decides to use an inefficient withdrawal method to extract a constant inflation-indexed amount from a fluctuating portfolio regardless of market returns; a withdrawal method that opens the retiree to a possibil...
by Bongleur
Mon Jun 03, 2019 1:00 am
Forum: Investing - Theory, News & General
Topic: Rolling bonds for inflation protection in decumulation?
Replies: 11
Views: 1170

Re: Rolling bonds for inflation protection in decumulation?

1) not talking about a blend of stocks & bonds. Did equities lose more than 14% in that time period? No. NO ? WHAT IS THE % YOU FOUND FOR EQUITIES -- HOW LESS BAD DID THEY DO? 3) interest rate for "short" bonds is around 3% right now. It can't fall below zero (one would not roll into that issue). A...
by Bongleur
Mon Jun 03, 2019 12:55 am
Forum: Investing - Theory, News & General
Topic: Rolling bonds for inflation protection in decumulation?
Replies: 11
Views: 1170

Re: Rolling bonds for inflation protection in decumulation?

But note that the whole point of the article was not "use rolling bonds." The conclusion was As a group, retirees are more exposed to inflation risk ... He says, "The big issue with using nominal bonds for inflation protection is that it can’t protect you from inflation shocks ." Well, duh. So the ...
by Bongleur
Sun Jun 02, 2019 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Older retirees: Are your expenses lower now than in early retirement?
Replies: 49
Views: 6621

Re: Older retirees: Are your expenses lower now than in early retirement?

It would be useful to know the relative prices of a) thru e).
by Bongleur
Sun Jun 02, 2019 7:22 am
Forum: Investing - Theory, News & General
Topic: Should we discourage the bond tent?
Replies: 148
Views: 13723

Re: Should we discourage the bond tent?

... If I want to be able to draw a constant dollar amount our of my bond portfolio each year, I can do this as long as my portfolio duration matches my investing horizon--i.e. if I'm planning to live 30 years then my duration should be 15 (since, on average, I'll spend the money in 15 years). Over ...
by Bongleur
Sun Jun 02, 2019 4:01 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 358
Views: 127963

Re: How to Minimize Your Emergency Care Expenses

I see lots of adverts by companies that specialize in getting Social Security Disability claims thru the system.
You would think that there would be similar experts for insurance appeals?
Might be good to find one with expertise in your plan, every time it changes.
by Bongleur
Sun Jun 02, 2019 3:04 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 430
Views: 46553

Re: I don't understand the case for EE bonds

He left my wife a good bit of EE's as they were his primary saving plan, resulting in $35-$40k annual income spikes the past few years as he let federal tax accrue until maturity. My take is that people that buy savings bonds consider paying taxes annually on accruing interest instead of lump sum a...
by Bongleur
Sat Jun 01, 2019 10:28 pm
Forum: Investing - Theory, News & General
Topic: Rolling bonds for inflation protection in decumulation?
Replies: 11
Views: 1170

Re: Rolling bonds for inflation protection in decumulation?

Vineviz -- 1) not talking about a blend of stocks & bonds. Did equities lose more than 14% in that time period? Hard to specify how to defne using equities; say by drawing an amount equal to short bond interest every dividend period & rolling the rest. 2) 10 year bond is not "short term." The quote ...
by Bongleur
Sat Jun 01, 2019 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 796
Views: 257343

Re: Retiree Portfolio Model

Given that the RPM uses a constant % for investment gains (aka "growth" or "yield") , is it correct to say that it uses the Arithmatic Average Growth Rate (instead of CAGR) ? Real-world Variance means that there is a substantial chance that the actual growth will fall below the "straight-line" growt...
by Bongleur
Sat Jun 01, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 796
Views: 257343

Re: Retiree Portfolio Model

I need to wrap my head around how to interpret nominal numbers instead of "real" numbers that equal "today." I guess to be precise, the RPM shows "inflated" numbers, since it is conservative by using constant inflators. Bigfoot48 (quoted below) gave a laundry list of inflators, is that all of them? ...
by Bongleur
Sat Jun 01, 2019 4:04 pm
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 135
Views: 13330

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.

Oh yeah, some SPIAs also. How have then done wrt holding real value? Did you buy inflation protection? Hmmm... There should be a backtesting tool for buying SPIAs. In fact, a tool that shows equity, bond, & SPIA, and allows you to allocate among all three... Is there a database of past SPIA prices?
by Bongleur
Sat Jun 01, 2019 3:45 am
Forum: Investing - Theory, News & General
Topic: Rolling bonds for inflation protection in decumulation?
Replies: 11
Views: 1170

Re: Rolling bonds for inflation protection in decumulation?

73 to 80 had a lot going on. Did rolling short bonds lose less than holding equities & siphoning off for spending?

Interest rate risk -- currently the downside potential is about 3% (ie falling to zero). So its kind of limited, no?
by Bongleur
Fri May 31, 2019 11:52 pm
Forum: Investing - Theory, News & General
Topic: Rolling bonds for inflation protection in decumulation?
Replies: 11
Views: 1170

Rolling bonds for inflation protection in decumulation?

Seems to me that the strategy outlined below requires you to accurately know what fraction of the interest is the inflation component and what fraction is actual profit. And you can only spend the profit. And the inflation premium must be as much as actual inflation (which probably gets easier with ...
by Bongleur
Fri May 31, 2019 9:00 pm
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 135
Views: 13330

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.

0/100. And its cash, short term Treasury fund, Treasury MM, prime MM. I _want_ to go to at least 30% equity, but can't get over my gut saying its not the right time -- wait until the correction (recession) or I'm convinced that What ZIRP Created is actually the New Normal. OTOH the portfolio is not ...
by Bongleur
Fri May 31, 2019 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: PIP coverage/NJ Autoinsurance
Replies: 8
Views: 660

Re: PIP coverage/NJ Autoinsurance

I have learned this lesson the hard way. If you make your health insurance primary and have an accident which you have a lawsuit on your health insurance will put a lien on your file. Meaning that they will have to get paid for every bit of money they paid out because you are suing someone. Ever si...
by Bongleur
Fri May 31, 2019 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Auto insurance - how much "medical expense benefits"?
Replies: 13
Views: 1097

Re: Auto insurance - how much "medical expense benefits"?

How does this tie in with an Umbrella policy? Probably take minimum -- unless the terms of the Umbrella require a higher level? A bit confusing to follow this since the OP is talking about the item within his coverage that pays other people, but some respondants are talking about their coverage that...
by Bongleur
Fri May 31, 2019 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 358
Views: 127963

Re: How to Minimize Your Emergency Care Expenses

> Per the ACA (or what's left of it), in a real emergency situation, all facilities are to be paid as "in-network" by your insurance company, until you are stabalized and can be transported to an in-network facility. > BUT ONCE YOU ARE STABILIZED, EXACTLY WHEN ARE THEY OBLIGATED TO TELL YOU THAT THE...
by Bongleur
Fri May 31, 2019 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 358
Views: 127963

Re: How to Minimize Your Emergency Care Expenses

> If your local hospital has a walk in clinic, make sure that they bill it as an urgent care clinic. Another local hospital has a walk in clinic that looks just like the one I referenced above, but they bill as outpatient hospital which costs much more. They are quite sneaky about that. > Exactly ho...
by Bongleur
Thu May 30, 2019 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (2019 Update)
Replies: 81
Views: 9651

Re: Downloadable Social Security Benefit Estimator (2019 Update)

Bongleur wrote:
Thu May 30, 2019 11:01 pm
I meant, put the info into the spreadsheet itself.
& the link to this thread would be useful too.
by Bongleur
Thu May 30, 2019 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (2019 Update)
Replies: 81
Views: 9651

Re: Downloadable Social Security Benefit Estimator (2019 Update)

I meant, put the info into the spreadsheet itself.
by Bongleur
Thu May 30, 2019 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 36
Views: 2836

Re: Long Term Care Insurance

Another policy being sold today is a life insurance product where the total premium is paid up front and no additional monthly premium. As an example, I bought a policy at 66 yr with a $100,000 payment. This payment represents $100,000 of life insurance or is refundable in full at any time at my re...
by Bongleur
Thu May 30, 2019 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly Parent's Home In Need of Major Repairs
Replies: 44
Views: 4400

Re: Elderly Parent's Home In Need of Major Repairs

Just wanted to update everyone. Had a talk with my accountant, and after listening to some of your thoughts and speaking as a family, he will sell it (after taking out a Home Equity Loan to do the repairs). Reason being is that he is eligible to receive up to 500k tax free without having to pay tax...
by Bongleur
Thu May 30, 2019 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (2019 Update)
Replies: 81
Views: 9651

Re: Downloadable Social Security Benefit Estimator (2019 Update)

Here's a link to a version without a password! :D https://1drv.ms/x/s!Atj-cegEXidXzTjrqDs9nT62XEWh It would be good if you also said "this is v3.0" & the date you released it. Also maybe the schedule when the Govt revises those datum (once a year, quarter, etc). If this is the 2019 version why stil...