Search found 9075 matches

by delamer
Tue Nov 19, 2019 2:27 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing
Replies: 8
Views: 319

Re: Rebalancing

For the sake or argument assume all your investments are in the S&P 500. If all of your investments are in the S&P500 then there is no rebalancing to do. Please read the Wiki I shared as it provides a well thought through discussion of rebalancing approaches. Cheers Right. You seem to misunderstand...
by delamer
Tue Nov 19, 2019 11:47 am
Forum: Personal Investments
Topic: Obamacare limits investing opportunities?
Replies: 36
Views: 3255

Re: Obamacare limits investing opportunities?

JMacDonald wrote:
Tue Nov 19, 2019 8:39 am
You could donate the RMD to charity and keep the subsidy from the ACA.
You can only go the QCD route once you are 70.5. Withdrawals that aren’t RMDs (at early ages) don’t qualify.
by delamer
Mon Nov 18, 2019 6:59 pm
Forum: Personal Investments
Topic: 20-25 years till retirement- LifeStrategy Moderate Growth Fund ?
Replies: 47
Views: 2096

Re: Divorced couple confused about whether to invest towards retirement in 20/25 years or pay down mortgage?

If it was me I would invest your current portfolio (excluding emergency funds), max out all retirement accounts, and then if you still have money to save I would make 1 or 2 extra payments towards the mortgage principal every year. If you have even more money after that I would keep investing in th...
by delamer
Mon Nov 18, 2019 6:50 pm
Forum: Investing - Theory, News & General
Topic: Buying a house, Retired, Trad IRA or Roth or Finance it
Replies: 11
Views: 641

Re: Buying a house, Retired, Trad IRA or Roth or Finance it

Asset Allocation is 60/30/10 I plan to sell this current house I am in at the time I buy the new one. I am saving 3K a month from my retirement income. More definitively should I get a mortgage for the new house balance or withdraw from Traditional IRA. I am a little worried I will buy the new hous...
by delamer
Mon Nov 18, 2019 6:42 pm
Forum: Personal Investments
Topic: 20-25 years till retirement- LifeStrategy Moderate Growth Fund ?
Replies: 47
Views: 2096

Re: 45/41 couple with 20-25 years before retirement; any issues with putting 90% VTSAX (Total Stock Index) and 10% in fi

Thanks to all those who've responded so far. Very helpful to consider. I'd like to keep everything as simple as possible for my wife in case anything happens to me earlier than expected. If I could pick one fund across for each account, even if it's a different fund for each account, I'm ok with th...
by delamer
Mon Nov 18, 2019 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Feds: FEHB + Medicare Part B?
Replies: 18
Views: 675

Re: Feds: FEHB + Medicare Part B?

Consumer Checkbook has just come out with their annual FEHB report for the current open season. It does a great job of analyzing the best options for retirees: https://www.checkbook.org/newhig2/hig.cfm Your “b” option isn’t a good idea. Medicare Part B (combined with the no-premium Part A) is not c...
by delamer
Mon Nov 18, 2019 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: More retirees have a mortgage
Replies: 114
Views: 7069

Re: More retirees have a mortgage

I skimmed the thread... and didn't see this possibility: perhaps more 60 yo and ups have mortgages because 10-11 years ago when the bottom fell out of the housing market they BOUGHT additional "investment properties". I've had between 2 and 3 mortgages since 2009 (as I've bought and sold investment...
by delamer
Mon Nov 18, 2019 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Feds: FEHB + Medicare Part B?
Replies: 18
Views: 675

Re: Feds: FEHB + Medicare Part B?

A retired Federal employee who's covered under her spouse's employer plan has a skimpy FEHB plan (Aetna via Mail Handlers) so as to preserve the right to switch to a more comprehensive FEHB plan when her spouse retires if she doesn't want Medicare B. What are some of the more comprehensive FEHB pla...
by delamer
Mon Nov 18, 2019 5:43 pm
Forum: Personal Investments
Topic: 20-25 years till retirement- LifeStrategy Moderate Growth Fund ?
Replies: 47
Views: 2096

Re: 45/41 couple with 20-25 years before retirement; any issues with putting 90% VTSAX (Total Stock Index) and 10% in fi

When you said you wanted a 1 fund portfolio, I see now that can be interpreted multiple ways. If you are looking for 1 fund across your entire portfolio that is different than wanting 1 fund for each account. Vanguard Balanced fund may or may not be a good option for any given account, like your 401...
by delamer
Mon Nov 18, 2019 3:38 pm
Forum: Personal Investments
Topic: 20-25 years till retirement- LifeStrategy Moderate Growth Fund ?
Replies: 47
Views: 2096

Re: Post-divorced couple- need advice with 20/25 years before retirement

The LifeStrategy Growth Fund is 80%/20%, stocks/bonds: https://investor.vanguard.com/mutual-funds/lifestrategy/#/mini/overview/0122 Unlike a target date retirement fund, that allocation stays constant rather than moving away from stocks over time. You could use an all stock fund in taxable (like the...
by delamer
Mon Nov 18, 2019 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Feds: FEHB + Medicare Part B?
Replies: 18
Views: 675

Re: Feds: FEHB + Medicare Part B?

Dropping FEHB can be a rash move - once gone, it can never be recovered. Kaiser is great, but does limit where you can obtain care. You have to go to Kaiser facilities. That's fine while you're mobile, but if you ever move to a CCRC with in-house medical facilities, you'll be unable to use those un...
by delamer
Mon Nov 18, 2019 1:43 pm
Forum: Personal Investments
Topic: TSP Investment Services - Yes or No?
Replies: 9
Views: 808

Re: TSP Investment Services - Yes or No?

I know the conventional wisdom is it’s hard to bear the market and to use dollar cost averaging with a 3 fund portfolio, coach potato portfolio, or similar portfolio. Because that is the way to build wealth. Active trading of the TSP will very likely result in lower returns as you buy high and sell...
by delamer
Mon Nov 18, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Feds: FEHB + Medicare Part B?
Replies: 18
Views: 675

Re: Feds: FEHB + Medicare Part B?

Consumer Checkbook has just come out with their annual FEHB report for the current open season. It does a great job of analyzing the best options for retirees: https://www.checkbook.org/newhig2/hig.cfm Your “b” option isn’t a good idea. Medicare Part B (combined with the no-premium Part A) is not c...
by delamer
Mon Nov 18, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: More retirees have a mortgage
Replies: 114
Views: 7069

Re: More retirees have a mortgage

I planned to be debt-free when I retired (this past summer). The only debt I have is my mortgage. The mortgage was a 5/15 ARM with a fixed 5-year period at 2%, variable annually after that. The amount was $100,000 on a $300,000 home. Payments were about $650/mo. It's now been five years; the balanc...
by delamer
Mon Nov 18, 2019 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: More retirees have a mortgage
Replies: 114
Views: 7069

Re: More retirees have a mortgage

I planned to be debt-free when I retired (this past summer). The only debt I have is my mortgage. The mortgage was a 5/15 ARM with a fixed 5-year period at 2%, variable annually after that. The amount was $100,000 on a $300,000 home. Payments were about $650/mo. It's now been five years; the balanc...
by delamer
Mon Nov 18, 2019 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Feds: FEHB + Medicare Part B?
Replies: 18
Views: 675

Re: Feds: FEHB + Medicare Part B?

Consumer Checkbook has just come out with their annual FEHB report for the current open season. It does a great job of analyzing the best options for retirees: https://www.checkbook.org/newhig2/hig.cfm Your “b” option isn’t a good idea. Medicare Part B (combined with the no-premium Part A) is not co...
by delamer
Mon Nov 18, 2019 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree couple seeking pointers on relocation
Replies: 7
Views: 775

Re: Retiree couple seeking pointers on relocation

There are asset depreciation loans that are based on the value of your investments. I understand that not all lenders offer them but a portfolio lender and/or mortgage broker might he able to help. (No personal experience.) Here are the basics: https://www.kiplinger.com/article/retirement/T040-C000-...
by delamer
Mon Nov 18, 2019 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Blue Cross Standard versus Basic
Replies: 54
Views: 24304

Re: Federal Blue Cross Standard versus Basic

A Boglehead wrote:
Sun Nov 17, 2019 10:30 pm
I'd rather have the gov't, rather than I, pay a higher portion of the premium.
You should be looking for the best combination of cost-to-you-in-dollars premium and benefits that meets your needs.
by delamer
Sun Nov 17, 2019 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Blue Cross Standard versus Basic
Replies: 54
Views: 24304

Re: Federal Blue Cross Standard versus Basic

I noticed the government pays 67% of the premium for the Standard Option, vs. 75% of the premium for the Basic Option. My interpretation of this discussion has been to favor the Basic Option for the savings on the premium, even before noticing the difference in what the gov't pays. Are you still ha...
by delamer
Sun Nov 17, 2019 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Stop Working at 62 and collect SS at 67- FRA
Replies: 9
Views: 1278

Re: Social Security - Stop Working at 62 and collect SS at 67- FRA

Kenkat wrote:
Sun Nov 17, 2019 7:12 pm

The $2,727 should be pretty close if you’ve been working full time at a roughly similar, slightly increasing salary for a number of years. It would be less accurate if you had highly variable income or you made a lot more in the last few years, for example.
Good point.
by delamer
Sun Nov 17, 2019 7:12 pm
Forum: Investing - Theory, News & General
Topic: Which is the higher risk portfolio?
Replies: 4
Views: 657

Re: Which is the higher risk portfolio?

There are different kinds of risk.

What kind are you trying to control — inflation risk, volatility risk, liquidity risk, etc.?
by delamer
Sun Nov 17, 2019 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Stop Working at 62 and collect SS at 67- FRA
Replies: 9
Views: 1278

Re: Social Security - Stop Working at 62 and collect SS at 67- FRA

If you stop working at age 62, will you have paid into Social Security for 35 years?

If so, then the number on your statement for age 67 is going to be very close.
by delamer
Sun Nov 17, 2019 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: A Slightly Different "When to Claim Social Security" Question
Replies: 8
Views: 870

Re: A Slightly Different "When to Claim Social Security" Question

Thanks for the replies. I began my pension when I retired - there would have been no advantage to delaying it. I'm not looking to optimize a small income stream so much as cover most of the Medicare B premium (with IRMAA for that and MC D). In my school district, employees did not have to pay healt...
by delamer
Sun Nov 17, 2019 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Half of Estate in a Trust?
Replies: 28
Views: 1715

Re: Half of Estate in a Trust?

... If the surviving spouse is the trustee of the irrevocable trust, doesn’t s/he get to decide what the withdrawals will be for her/his own benefit? So absent a co-trustee, are there really any restrictions on withdrawals? ... A trustee who's a beneficiary can't participate in discretionary distri...
by delamer
Sun Nov 17, 2019 5:29 pm
Forum: Personal Investments
Topic: Roast my investing strategy. (Help me FIRE)
Replies: 31
Views: 3323

Re: Roast my investing strategy. (Help me FIRE)

Also, thank you for your condolences. The loss of my father hit me harder than I ever expected it to. He had brain cancer, was given 2-5 years, and survived for 1 year, although in some ways he died when he had his initial brain cancer surgery. Towards the end he died unexpectedly quick, I didn’t m...
by delamer
Sun Nov 17, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Half of Estate in a Trust?
Replies: 28
Views: 1715

Re: Half of Estate in a Trust?

We recently set up trusts that do exactly that. Our concern was not that one of us didn't trust the other, but rather after one of us dies the other still has a life. They may remarry, have more kids, etc. Our goal was to ensure that when the first one dies, their half of the estate goes to our joi...
by delamer
Sun Nov 17, 2019 5:05 pm
Forum: Personal Investments
Topic: Separate $ in...retirement??
Replies: 38
Views: 3509

Re: Separate $ in...retirement??

I think your wife values her independence and is potentially afraid of losing that in retirement. Try and empathize with that. She speaks as if she simply wants to be in charge of her own life, not that she wants to hoard her money away from you or blow through it all. I don't think drastic changes...
by delamer
Sun Nov 17, 2019 2:31 pm
Forum: Investing - Theory, News & General
Topic: I have often wondered how long a person would last in retirement taking dividends and capital gain from the Wellington?
Replies: 17
Views: 2961

Re: I have often wondered how long a person would last in retirement taking dividends and capital gain from the Wellingt

The answer is much more dependent on your level of assets in the fund and your personal expenses than it is on the return of Wellington. If I have $5 million in Wellington and expenses of $50,000, I could last a very long time. If I have $500,000 in Wellington and expenses of $50,000, I’m in trouble.
by delamer
Sun Nov 17, 2019 2:23 pm
Forum: Personal Investments
Topic: Obamacare limits investing opportunities?
Replies: 36
Views: 3255

Re: Obamacare limits investing opportunities?

My understanding is that subsidies are based on Modified Adjusted Gross Income, not taxable income. Big difference. With a $40,000/year pension and the need to keep your MAGI income below $50,000, you have very little room for error. And getting involved with rental units for the first time at age 6...
by delamer
Sun Nov 17, 2019 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: New Tenant.... possibly
Replies: 28
Views: 1793

Re: New Tenant.... possibly

Goal33 wrote:
Sun Nov 17, 2019 1:33 pm
I think this is fine. Because of no credit history maybe you can ask for a larger deposit.
That was might thought too.

Or last month’s rent in advance? (I’ve been out of the rental market for awhile.)
by delamer
Sun Nov 17, 2019 11:58 am
Forum: Personal Finance (Not Investing)
Topic: More retirees have a mortgage
Replies: 114
Views: 7069

Re: More retirees have a mortgage

There’s a difference between a 70-year-old with $1,000,000 in liquid assets holding a $100,000 mortgage versus a 70-year-old with $250,000 in liquid assets holding a $100,000, even if their incomes are the same.
by delamer
Sun Nov 17, 2019 11:43 am
Forum: Personal Finance (Not Investing)
Topic: FICO. Score questions.
Replies: 15
Views: 1382

Re: FICO. Score questions.

Does the score increase for “amount of new credit” the older your credit is?

If so, then you should probably just wait it out.

Your score was good enough to get you the Costco card, after all.
by delamer
Sun Nov 17, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Are federal health benefits worth postponing early retirement?
Replies: 60
Views: 5576

Re: Are federal health benefits worth postponing early retirement?

I’d argue that the availability and flexibility of the FEHB in retirement is as beneficial as the price. Do you mind sharing further details on what you mean by availability and flexibility? Availability meaning that under certain conditions on can retire and take the insurance with you? Flexible -...
by delamer
Sun Nov 17, 2019 11:16 am
Forum: Personal Investments
Topic: Investment suggestions for spouse
Replies: 25
Views: 786

Re: Investment suggestions for spouse

Say my income is high enough to qualify me to cover both of us for an IRA, but I already have money tied up in my own workplace 401k/403B so that I can’t cover my spouse, can her inheritance $ be transferred to my bank account and be used by me as a spousal IRA for her ? Maybe a dumb question ? Ass...
by delamer
Sat Nov 16, 2019 7:59 pm
Forum: Personal Investments
Topic: Better returns than savings account.
Replies: 5
Views: 885

Re: Better returns than savings account.

If you really might spend some of this money within the next year, then leave it where it is.
by delamer
Sat Nov 16, 2019 5:08 pm
Forum: Personal Consumer Issues
Topic: Railing Vs Room on living area for Old Parents
Replies: 18
Views: 978

Re: Railing Vs Room on living area for Old Parents

A first floor set-up is preferable for aging parents to a second floor bedroom even with a handrail or chairlift. My parents just installed two chair lifts which, while helpful, do not make the upstairs bedroom as easy for them (especially in case of fire) as a one-floor arrangement. Diminished mob...
by delamer
Sat Nov 16, 2019 3:56 pm
Forum: Personal Investments
Topic: Retired, what to do with a new chunk of money?
Replies: 10
Views: 1553

Re: Retired, what to do with a new chunk of money?

I think it's too late to keep separation between their finances, they are already married. Not true. An inheritance can be put into an account in the inheritor’s name only. It doesn’t have to go into a joint account with the spouse. And many couples have separate checking, savings, and investing ac...
by delamer
Sat Nov 16, 2019 3:51 pm
Forum: Personal Consumer Issues
Topic: Railing Vs Room on living area for Old Parents
Replies: 18
Views: 978

Re: Railing Vs Room on living area for Old Parents

bob60014 wrote:
Sat Nov 16, 2019 3:33 pm
A stair railing? Or a stair lift?
My thought too. A stair without a railing is very unusual.

For a stair lift, look for wide stairs. The lifts are pretty bulky.

There are townhomes in my area that have elevators, as another option.
by delamer
Sat Nov 16, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Half of Estate in a Trust?
Replies: 28
Views: 1715

Re: Half of Estate in a Trust?

My wife and I have everything in a joint revocable trust that says the surviving spouse continues as the sole trustee when the first of us dies, so de facto she gets everything with no strings attached. Previously, we had individual revocable trusts that said when either of us died our trust became...
by delamer
Sat Nov 16, 2019 3:33 pm
Forum: Personal Investments
Topic: Retired, what to do with a new chunk of money?
Replies: 10
Views: 1553

Re: Retired, what to do with a new chunk of money?

Remember that this is your wife’s inheritance. If you are planning on putting any of the money in a joint account or an IRA in your name, be sure that she is OK with that. I do not mean to suggest that you are trying to circumvent her wishes, but her inheritance is her property only unless she choos...
by delamer
Sat Nov 16, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Half of Estate in a Trust?
Replies: 28
Views: 1715

Re: Half of Estate in a Trust?

If you go this route with your half of the assets, your wife will almost certainly do the same thing with her half.

So you could end up living with her decisions if she dies first.
by delamer
Sat Nov 16, 2019 3:10 pm
Forum: Personal Investments
Topic: Inheriting IRA. Do I have to open account with existing firm?
Replies: 5
Views: 282

Re: Inheriting IRA. Do I have to open account with existing firm?

You can’t do a 60-day rollover with an Inherited IRA. If your wife receives a check from the current custodian, it is considered a distribution and can’t be redeposited in an Inherited IRA. My (limited) experience is that custodian A won’t rollover money to custodian B unless the account names match...
by delamer
Sat Nov 16, 2019 2:52 pm
Forum: Personal Investments
Topic: Investment suggestions for spouse
Replies: 25
Views: 786

Re: Investment suggestions for spouse

Say my income is high enough to qualify me to cover both of us for an IRA, but I already have money tied up in my own workplace 401k/403B so that I can’t cover my spouse, can her inheritance $ be transferred to my bank account and be used by me as a spousal IRA for her ? Maybe a dumb question ? Ass...
by delamer
Sat Nov 16, 2019 11:25 am
Forum: Personal Investments
Topic: Investment suggestions for spouse
Replies: 25
Views: 786

Re: Investment suggestions for spouse

Assuming that you have earned income, your wife may be able to open a spousal IRA. It depends on whether you meet the income requirements.

Here’s more information: https://www.nerdwallet.com/blog/investi ... -open-one/
by delamer
Fri Nov 15, 2019 8:07 pm
Forum: Personal Investments
Topic: Planning for sister-in-law's future after losing her father.
Replies: 15
Views: 1748

Re: Planning for sister-in-law's future after losing her father.

I understand the impulse to provide for her future, but I’d set some aside to improve her quality of life now.
by delamer
Fri Nov 15, 2019 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan vs. home equity loan
Replies: 5
Views: 488

Re: Student loan vs. home equity loan

There is no such thing as “refinancing into your existing home loan.” She can do a cashout refinancing of $187,000 with a new loan, where she gets $47,000 to pay off the student loan and $140,000 to pay off her current mortgage. My credit union is showing rates of 4% to 6% for a $47,000home equity l...
by delamer
Fri Nov 15, 2019 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: California Divorce, Our Son
Replies: 28
Views: 4042

Re: California Divorce, Our Son

With respect, he needs an attorney in California not the opinions of people on this forum.

These settlements generally reflect the totality of the couple’s finances; they aren’t made on an account-by-account basis. So even if your son gets to keep those accounts, he may lose other joint assets.
by delamer
Fri Nov 15, 2019 4:17 pm
Forum: Personal Investments
Topic: Separate $ in...retirement??
Replies: 38
Views: 3509

Re: Separate $ in...retirement??

How is your wife proposing that you handle basic joint expenses? Presumably there still will be housing, food, insurance, taxes, etc. that you both benefit from and share the cost for? I can imagine a system where you both agree to contribute the same amount to basic expenses but then spend the rest...
by delamer
Fri Nov 15, 2019 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Equal Inheritance for Children
Replies: 66
Views: 6372

Re: Equal Inheritance for Children

Son is single, daughter is married and has one child but that's their choice. I like this, I've had people ask my advice about leaving money to GK and or GGK. My advice is no, you should know how many kids you have (and at your age 99% chance that will not increase), you do NOT know how many GK or ...
by delamer
Fri Nov 15, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: for all the talk - do we really need to rebalance that often? at all?
Replies: 25
Views: 2079

Re: for all the talk - do we really need to rebalance that often? at all?

Decide your preferred allocations. Check your allocations once per year. If any of your allocations are off by more than 10 percentage points, then rebalance. It doesn’t need to be any more difficult than that. If you don’t do any rebalancing, then why pick allocations at all? Alternatively, use a t...