Search found 6239 matches

by delamer
Fri Nov 16, 2018 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need a financial advisor?
Replies: 7
Views: 350

Re: Do I need a financial advisor?

No, you don’t need an advisor. There are all-in-one funds that are inexpensive and basically do the investing for you. Target Date Retirement funds change their allocation over time as you get closer to retirement to be more conservative: https://www.bogleheads.org/wiki/Target_date_funds Less stocks...
by delamer
Wed Nov 14, 2018 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 88
Views: 11293

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

We haven't heard back from OP Alex in days. What are the odds that he is just trolling us? Throw a bomb post into the forum and then watch (or not) as everyone wastes time responding and getting into spats. His OP was yesterday around 5 pm — hardly days. Guess this thread just makes it seem like da...
by delamer
Wed Nov 14, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 88
Views: 11293

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

GerryL wrote:
Wed Nov 14, 2018 2:05 pm
We haven't heard back from OP Alex in days. What are the odds that he is just trolling us? Throw a bomb post into the forum and then watch (or not) as everyone wastes time responding and getting into spats.
His OP was yesterday around 5 pm — hardly days.
by delamer
Wed Nov 14, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Can someone explain specifically how the "bucket" approach to retirement withdrawals is supposed to work?
Replies: 75
Views: 4632

Re: Can someone explain specifically how the "bucket" approach to retirement withdrawals is supposed to work?

To me, the bucket approach is having a separate bucket for planned short term withdrawals (cash and cash equivalents and ST Treasuries for money needed for zero to three years); mid-term withdrawals (> 3 years to 6 to 10 years in a medium term bond fund); and long term (> 8 to 10 years in stock fun...
by delamer
Wed Nov 14, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Northwestern Mutual nightmare - help needed
Replies: 43
Views: 3317

Re: Northwestern Mutual nightmare - help needed

I think you are being too hard on yourself. The one investment that is truly problematic is the annuity, and that is only about 5% of your investments. Given that you aren’t contributing to it any more, there is no great harm in just letting it ride. But cashing it out and taking the tax/penalty hit...
by delamer
Tue Nov 13, 2018 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Oops! Edward Jones tops Vanguard in customer survey
Replies: 50
Views: 5052

Re: Oops! Edward Jones tops Vanguard in customer survey

Why care about a 1 point ratings difference in a customer satisfaction survey?

It is not going cause a stampede from Vanguard to EJ.
by delamer
Tue Nov 13, 2018 7:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Year-End distribution estimates
Replies: 34
Views: 1278

Re: Vanguard Year-End distribution estimates

InvestorNewb wrote:
Tue Nov 13, 2018 7:07 pm
Where are the estimates for the ETFs posted?
You missed the note from Vanguard in my previous post:

“Also, we don’t anticipate any Vanguard ETFs will distribute capital gains."
by delamer
Tue Nov 13, 2018 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 88
Views: 11293

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Investing in stocks should be done for the long run. When you react to short term changes in the market, you hurt your long run returns. If the recent volatility is upsetting you, then a 70% stock allocation is a bad idea. Reverse your allocation between stocks and bonds (so 70% bonds instead); what...
by delamer
Tue Nov 13, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?
Replies: 21
Views: 1114

Re: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?

I would ask them how much yearly income they want in retirement and an estimate of length of retirement. Subtract their pension(s) from that. If retiring at 55, then divide yearly amount by 3.5% and you have the amount needed. If a 30 year retirement, divide by 4%. Give them the math. It is hard to...
by delamer
Tue Nov 13, 2018 2:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Year-End distribution estimates
Replies: 34
Views: 1278

Re: Vanguard Preliminary Estimates for Capital Gains

Anyone understand why Institutional Total Sock is distributing some significant gains while apparently Adm/Inv/ETF shares are not. Are the Institutional shares not part of the shareclass grouping that allows them to take advantage of the ETF capabilities? Is it only available in tax-advantaged plans?
by delamer
Tue Nov 13, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: How to value retiree healthcare benefit
Replies: 20
Views: 1043

Re: How to value retiree healthcare benefit

Wow.....so you put no value on this benefit? Interesting. Not the answer I was expecting. Obviously nothing is written in stone, but given the healthcare issues in this country, I would expect this benefit to be fairly valuable. I guess maybe not? The problem isn’t that the benefit isn’t valuable. ...
by delamer
Tue Nov 13, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?
Replies: 21
Views: 1114

Re: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?

magicrat wrote:
Tue Nov 13, 2018 10:40 am
My advice would be to take their disbelief at face value, let them live their lives, and offer no more suggestions unless they ask.
This is my reaction too.

While your concern is understandable, what makes you think they’ll listen to us?
by delamer
Tue Nov 13, 2018 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Is maxing out Tax defered 401(k) enough?
Replies: 49
Views: 4753

Re: Is maxing out Tax defered 401(k) enough?

Saving 15% of your income for 30 years at 8% return should provide you with 85% of your income for 30 years. I think maxing out 401k should be enough... But for the majority on this board, all gratification must be delayed as long as possible. That's because of unknowns like disability, loss of job...
by delamer
Tue Nov 13, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: All holdings sold when Roth moved, now what?
Replies: 7
Views: 795

Re: All holdings sold when Roth moved, now what?

If you were happy with what they were invested in before then put them into similar mutual funds at the new company. You may have gotten lucky and earned a few extra percent by being out of the market at the right time. There isn't enough information to give other specific suggestions since what is...
by delamer
Tue Nov 13, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing New Home - Down Payment 20 or 25%??
Replies: 19
Views: 1114

Re: Purchasing New Home - Down Payment 20 or 25%??

Liquidity tends to be underrated.

With only a 1/8th percentage point difference in interest rates, stick with 20% down.
by delamer
Mon Nov 12, 2018 8:10 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 99
Views: 7350

Re: Granddaughter needs $ help for university

What happens next year? Cheers I think this is key. To co-sign on a one-time loan for $15,000 —if you can afford to make the payments should your granddaughter default — is not onerous. But I think you have to assume that she’ll be coming back to you for the next 3 years of her education too. And t...
by delamer
Mon Nov 12, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: Dividends and Tax Risk Adjustment
Replies: 9
Views: 402

Re: Dividends and Tax Risk Adjustment

Even if you accept the theory that individual companies know how to optimize their distributions, buybacks, etc. for the company’s benefit, that has nothing to do with the best time for you to receive income and optimize your personal tax situation.
by delamer
Mon Nov 12, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Should we drop our manager, for 4-fund portfolio?
Replies: 49
Views: 4109

Re: Should we drop our manager, for 4-fund portfolio?

I am a little hazy on how dependent you are on the bus driving income and so how you’d be affected financially if you had to give it up for some reason. You also did not mention how much Social Security you expect. The reason the above is important is because your portfolio allocation should be dete...
by delamer
Mon Nov 12, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Creating a Bridge to Social Security
Replies: 11
Views: 864

Re: Creating a Bridge to Social Security

Yes. You don’t want money that you’ll be spending within 5 years in stocks or longer term bonds. Thanks again...Which Funds would you recommend if using Vanguard for short term bond funds in that 5 year window? I don’t invest much in bonds except TIPS. I prefer cash (CDs, money market funds) Maybe ...
by delamer
Mon Nov 12, 2018 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Creating a Bridge to Social Security
Replies: 11
Views: 864

Re: Creating a Bridge to Social Security

If Social Security won’t cover all your expenses, then I’d put your your total expense amount in cash equivalents not just Social Security. Are you saying for example, if you need say 70k a year for those 5 years and S.S. covers 40k per year, then put the extra 30k a year or 150k into Money Market ...
by delamer
Mon Nov 12, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Creating a Bridge to Social Security
Replies: 11
Views: 864

Re: Creating a Bridge to Social Security

If Social Security won’t cover all your expenses, then I’d put your your total expense amount in cash equivalents not just Social Security.
by delamer
Mon Nov 12, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11667

Re: If expenses are low, are some of us over saving?

Of course, everyone's desired spending is different. I would not tell someone they are spending too much, that they "should be" happy on much less. But some people seem absolutely incredulous that a person could even survive on $3000/month. "But... but... my property taxes are nearly that much!!" I...
by delamer
Mon Nov 12, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: Vanguard Year-End distribution estimates
Replies: 34
Views: 1278

Re: Vanguard Preliminary Estimates for Capital Gains

The 2018 preliminary estimates have been posted on the Vanguard website: https://advisors.vanguard.com/iwe/pdf/Preliminary_distributions_102018.pdf EDIT: Here is a note Vanguard posted with additional information: “Note: Funds not listed did not expect, as of October 31, 2018, to distribute capital ...
by delamer
Mon Nov 12, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Index Fund Admiral Shares Question
Replies: 22
Views: 2425

Re: Vanguard Index Fund Admiral Shares Question

Assuming I had no other money invested toward the same goal, I’d go with Total Stock Market because it holds a broader range of stock (mid- and small-capin addition to large cap).

Why did you start a new thread on the same topic?
by delamer
Mon Nov 12, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11667

Re: If expenses are low, are some of us over saving?

We can argue about details for ever but basically some people will say how can I possibly spend 4k/month and someone else is going to go there is no possible way I can live on 4k/month. Both are true and really aren't worth discussing as they are very personal choices. What I do find suspect is the...
by delamer
Sun Nov 11, 2018 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Paying life insurance for parents
Replies: 13
Views: 1274

Re: Paying life insurance for parents

I am sorry for your family’s difficulties. How are your father’s expenses for the institution being paid now? Is their $100,000 in savings being drawn down? How is your mother paying her expenses? I ask all these questions because it may have a bearing on whether it makes sense to continue the life ...
by delamer
Sun Nov 11, 2018 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Move Money Market to Marcus Goldman Sachs Account?
Replies: 4
Views: 627

Re: Move Money Market to Marcus Goldman Sachs Account?

Thank you. How, and why, is it that my Money Market banker pays so little APY compared to Marcus (and others)? I'm disgusted (at myself for not seeing this long ago) and ready to move! They get away with paying so little because of inertia on the part of depositors, just like you described your beh...
by delamer
Sun Nov 11, 2018 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: Decumulation phase of retirement: money market a safe place to park money needed over the next two years?
Replies: 8
Views: 1065

Re: Decumulation phase of retirement: money market a safe place to park money needed over the next two years?

If you want to move your IRA money into a Money Market fund without it being a taxable event, then you need establish the Money Market fund as an investment option within your IRA.

And yes, it is a good option for money you are going to spend within a couple years.
by delamer
Sun Nov 11, 2018 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency fund in my situation
Replies: 17
Views: 1551

Re: Emergency fund in my situation

For me, an emergency fund’s sole purpose is to replace lost income in the event you aren’t working — either due to unemployment or illness. The size should depend on your expenses, job security, and, maybe, health. There should be separate savings to deal with the inevitable car repair, home repair,...
by delamer
Sun Nov 11, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: At what point does a life insurance policy not make sense?
Replies: 16
Views: 1738

Re: At what point does a life insurance policy not make sense?

As others have said, the amount and duration of your life insurance should be determined by the expenses of those that are financially dependent on your income. A $1 million dollar policy could be way too much or way too little, or just right. We dropped our life insurance once were FI. I don’t see ...
by delamer
Sun Nov 11, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 149
Views: 18250

Re: [Financial] Habits of the Rich

I don’t live my life based primarily on how my choices will affect my finances.

However, I do consider how all my decisions will impact my finances and make sure that I recognize both the financial upsides and downsides.
by delamer
Sun Nov 11, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Kids Inheritance - Lump Sum or SWR?
Replies: 13
Views: 1231

Re: Kids Inheritance - Lump Sum or SWR?

Withdrawals at trustee’s discretion at any time, such as for the downpayment on a home. Plus percentage of assets distributed at various age milestones until liquidated. I may change this so that the kids become their own trustees at some milestone rather the trusts being liquidated, based in bstein...
by delamer
Sun Nov 11, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401K investments
Replies: 6
Views: 291

Re: Help with 401K investments

I've copied and pasted the funds, amount invested, return to date, etc below and am open to any advice on improving this moving forward. You have too many funds many of which are rather expensive. I don't know what your plan expense ratios are but the following are the best options of those listed:...
by delamer
Sun Nov 11, 2018 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup - for the first time
Replies: 8
Views: 1133

Re: Portfolio Checkup - for the first time

If you want to retire in 9 years with $55K in expenses, what will you income sources be other than savings? If your answer is none, then you need about $600K to get you to your Social Security FRA. After FRA, then you need to withdraw from savings each year the difference between your SS benefits an...
by delamer
Fri Nov 09, 2018 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Debt Consolidation Loan
Replies: 11
Views: 689

Re: Debt Consolidation Loan

What are the interest rates on your current debt?

What percent of your gross income is going toward the loans now?
by delamer
Thu Nov 08, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14544

Re: How much money are you leaving your kids after you die?

Our daughter doesn't know our net worth. She asks, but I tell her that my father didn't share that with me until I was well into my 40s/50s, and I'm inclined to do the same with her. Unsure about this ... Not to single out this poster, but does anyone else feel this rubs them the same way as it doe...
by delamer
Thu Nov 08, 2018 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Help - Expect to inherit relatively large sum
Replies: 12
Views: 2138

Re: Help - Expect to inherit relatively large sum

Sorry for your loss. Your basis will be stepped up in taxable, thus I would suggest you sell everything in both accounts as soon as you receive them. No need to maintain the potentially inefficient allocation you inherit. If the taxable assets were held in certain kinds of trusts — a credit shelter...
by delamer
Thu Nov 08, 2018 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11667

Re: If expenses are low, are some of us over saving?

Helpful to hear from everyone and seems that at least some see it the same way I do. I’m not suggesting no savings or extreme lifestyle creep. I’m suggesting that a couple earning $250k, who might be paying a $4k mortgage and maxing 2 401k’s is “living on” less than $100k/year after taxes, mortgage...
by delamer
Wed Nov 07, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Payoff Mortgage
Replies: 12
Views: 1496

Re: Payoff Mortgage

500k in MM? Why wouldn’t you pay it all from this fund and keep money in Roth. You can hold MM in Roth and it is just as liquid and you don’t have to pay taxes on the earnings. Tax shelters should be utilized as much as you can. My thoughts exactly. Why would you give up the tax free earnings on th...
by delamer
Wed Nov 07, 2018 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11667

Re: If expenses are low, are some of us over saving?

A high earning couple retiring at FRA is going to have SS benefits more in the range of $5,000+, than $3,000.
by delamer
Wed Nov 07, 2018 1:23 pm
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9275

Re: no dividends in index funds!

There is a very good article in the November 2 WSJ about dividends. Title is “GE Shows Dividend Investing Can Fail” and the author is James Mackintosh. It doesn’t bash dividends, but discusses the pros and cons of a company paying dividends under different circumstances using GE’s recent decisions a...
by delamer
Wed Nov 07, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: New job concerns
Replies: 28
Views: 2222

Re: New job concerns

As far as changing jobs after a short tenure at your current job, the marketplace will tell you if you are trying to switch too soon. Meaning that you won’t get interviews if managers feel you are a job hopper. If they see your current situation as just a blip, then you will get interviews. If you a...
by delamer
Wed Nov 07, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14544

Re: How much money are you leaving your kids after you die?

Maybe the best answer to the original question is:

“I am going to spend my money as I see fit, and anything left when I am gone will go to the people and causes that I care about.”
by delamer
Wed Nov 07, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 106
Views: 12673

Re: Are we in trouble?

We've sold a couple homes in the Chicagoland area, both within 10 days of listing. One sold for 98% of list price, one sold for full list price. Neither of these homes were sold during hot sellers market. We listed one in October (not a great time to be selling) and the other was listed in February...
by delamer
Tue Nov 06, 2018 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Question/Help
Replies: 12
Views: 1048

Re: Asset Allocation Question/Help

I really have not figured my expenses but they probably won't match my income. Income/property/sales taxes; no state taxes; utilities; insurance; food/gas/etc; and some travel which will be the biggest bite. Still, I have never spent my income and don't expect to do that in retirement. I'm just thi...
by delamer
Tue Nov 06, 2018 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Question/Help
Replies: 12
Views: 1048

Re: Asset Allocation Question/Help

Ultimately, the thing that matters in retirement is how your income compares to your expenses.

That should be a big driver of your allocation.

And you haven’t given us any information on your expenses.
by delamer
Tue Nov 06, 2018 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Time to ditch the financial advisor?
Replies: 17
Views: 2111

Re: Time to ditch the financial advisor?

Thanks for the links - hadn't heard of a backdoor roth until today. Regarding the tax implications - is the caution just to be prepared for a bill or will they affect my move? Seems like I'm stuck paying them and a new AA and investing approach is needed regardless. I apologize if this is too simpl...
by delamer
Tue Nov 06, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Time to ditch the financial advisor?
Replies: 17
Views: 2111

Re: Time to ditch the financial advisor?

Here’s some suggestion from the Boglehead wiki for index based portfolios: https://www.bogleheads.org/wiki/Lazy_portfolios You have great options in your 401(k) to set up one of these. Although you should implement your allocation across your entire portfolio. I concur with dumping your advisor and ...
by delamer
Tue Nov 06, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio for 87yo widowed Mom.
Replies: 13
Views: 995

Re: Portfolio for 87yo widowed Mom.

Whoops - sis forgot to include income taxes, which my Dad prepaid for this year. $17,000 total for the year. I will update the original post - this puts her slightly in the red but we were liberal with spending and there is plenty in IRA+taxable for taxes. Good idea about emergency fund to Vanguard...