Search found 4799 matches

by delamer
Fri Jun 22, 2018 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: This is ridiculously expensive LTCi, right? Or maybe not?
Replies: 33
Views: 1174

Re: This is ridiculously expensive LTCi, right? Or maybe not?

She usually doesn't have much in the way of fixed expenses -- no debt, and she's not in a high property tax state. Her biggest fixed expense, by far, has been these LTCi premiums. She likes to travel and would travel more if her budget allowed, and spend more on house projects. In her position, I’d...
by delamer
Fri Jun 22, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: This is ridiculously expensive LTCi, right? Or maybe not?
Replies: 33
Views: 1174

Re: This is ridiculously expensive LTCi, right? Or maybe not?

If giving up travel and home rennovations meant that I would have some assurance that, in the worst case scenario, I would wind up in a nice LTC facility for more than two years instead of a medicaid only home, I would gladly make that choice. When it comes to insurance, it is very dangerous to thi...
by delamer
Fri Jun 22, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: This is ridiculously expensive LTCi, right? Or maybe not?
Replies: 33
Views: 1174

Re: This is ridiculously expensive LTCi, right? Or maybe not?

It seems that your mother would be a prime candidate to self insure for LTC. However, it depends on how much she needs to withdraw from her nest egg to cover her expenses. She usually doesn't have much in the way of fixed expenses -- no debt, and she's not in a high property tax state. Her biggest ...
by delamer
Fri Jun 22, 2018 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: This is ridiculously expensive LTCi, right? Or maybe not?
Replies: 33
Views: 1174

Re: This is ridiculously expensive LTCi, right? Or maybe not?

It seems that your mother would be a prime candidate to self insure for LTC.

However, it depends on how much she needs to withdraw from her nest egg to cover her expenses.
by delamer
Fri Jun 22, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 76
Views: 7131

Re: Can you retire on $2M?

Honestly, I don't understand how people live on $40K, $50K or even $60K per year. Including taxes as well as healthcare before Medicare kicks in, I struggle to get it below $100K for two people, assuming we want to do anything besides sit in the house not spending money. But if we just sit in the h...
by delamer
Fri Jun 22, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: ETF ideas for monthly savings towards future expense
Replies: 5
Views: 245

Re: ETF ideas for monthly savings towards future expense

When you invest for a higher return, you take more risk. So you could end up with a lower return — or even a loss of principal — in the short run.

I would not do anything more adventurous than short-term bonds.
by delamer
Fri Jun 22, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Moving Cash to Fido Cash Management Account
Replies: 12
Views: 982

Re: Moving Cash to Fido Cash Management Account

If Fidelity accepts money orders for deposits, your daughter could purchase a money order with her cash for 99 cents (at least in my neck of the woods).
by delamer
Fri Jun 22, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: What do you include in your grocery budget?
Replies: 34
Views: 1216

Re: What do you include in your grocery budget?

Anything that I buy at the grocery store or Target. In addition to food, all household goods (paper towels, toilet paper, dishwasher soap, laundry detergent), personal care items (toothpaste, deodorant, hair care, shampoo, conditioner, shaving blades), and cleaning supplies (granite cleaner, toilet...
by delamer
Fri Jun 22, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Asset Rollover Allocation
Replies: 4
Views: 241

Re: 401k Asset Rollover Allocation

It is not clear why you want to own individual dividend paying stocks. The focus of your portfolio should be total return — dividends, interest, and price appreciation. Also, virtually any stock mutual funds that you invest in will throw off dividends. Read through this thread: https://www.boglehead...
by delamer
Thu Jun 21, 2018 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 76
Views: 7131

Re: Can you retire on $2M?

You cannot get 8% interest today.

You might be able to get an average 8% total return on a portfolio that was heavily invested in stocks.

But that won’t be a consistent 8%. Some years you might lose 40% and other years you might gain 30%, and any result in between.

So no, it does not seem sound.
by delamer
Thu Jun 21, 2018 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: I think I am going to put down 35-40% on a house
Replies: 12
Views: 1307

Re: I think I am going to put down 35-40% on a house

How about a 15- or 20-year mortgage, since you aim to payoff in that time frame anyway? With a larger down payment, you may be able to qualify and get a lower interest rate. I looked into a 20 year mortgage previously and they offer essentially no discount in rate against a 30 year mortgage. 15 yea...
by delamer
Thu Jun 21, 2018 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Age 30 portfolio review
Replies: 4
Views: 871

Re: Age 30 portfolio review

How about focus on paying off those loans even faster? Redirect the money you are currently putting into taxable to loan repayment and take the guaranteed 4.5% interest rate. Then go back to taxable plus the backdoor Roth. (FWIW at a 4.5% loan rate I’d probably contribute to the Roth now and put ev...
by delamer
Thu Jun 21, 2018 8:14 pm
Forum: Personal Consumer Issues
Topic: Boglehead guilt with buying a car - Volvo vs Toyota Highlander
Replies: 54
Views: 2592

Re: Boglehead guilt with buying a car - Volvo vs Toyota Highlander

I know leasing isn't really popular on here, but if you don't need a lot of miles it's worth looking into. Total cost of ownership can come out significantly ahead on good deals. For example, I know from time to time you can lease an XC90 T5 for $400/mth at 10k miles/year (12k won't be much more). ...
by delamer
Thu Jun 21, 2018 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: I think I am going to put down 35-40% on a house
Replies: 12
Views: 1307

Re: I think I am going to put down 35-40% on a house

How about a 15- or 20-year mortgage, since you aim to payoff in that time frame anyway?

With a larger down payment, you may be able to qualify and get a lower interest rate.
by delamer
Thu Jun 21, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: Boglehead guilt with buying a car - Volvo vs Toyota Highlander
Replies: 54
Views: 2592

Re: Boglehead guilt with buying a car - Volvo vs Toyota Highlander

I would not buy a car that had been on the road for only one year and had 20K miles on it. That use is too heavy. We almost always buy used, but only vehicles with 10K or less per year. PS There is nothing in the Boglehead principles listed on this site that address what type of cars Bogleheads sho...
by delamer
Thu Jun 21, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Change - 4 Years from Retirement
Replies: 8
Views: 633

Re: Asset Allocation Change - 4 Years from Retirement

Thanks, but I've noticed that the F fund is averaging a couple % more than G Fund. I'm just not sure if that will continue in an raising interest rate environment. Well, you said you want a conservative hedge so I am suggesting the G Fund. Nobody know what is going to happen with interest rates or ...
by delamer
Thu Jun 21, 2018 7:41 pm
Forum: Personal Consumer Issues
Topic: Boglehead guilt with buying a car - Volvo vs Toyota Highlander
Replies: 54
Views: 2592

Re: Boglehead guilt with buying a car - Volvo vs Toyota Highlander

I would not buy a car that had been on the road for only one year and had 20K miles on it. That use is too heavy. We almost always buy used, but only vehicles with 10K or less per year. PS There is nothing in the Boglehead principles listed on this site that address what type of cars Bogleheads sho...
by delamer
Thu Jun 21, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: Boglehead guilt with buying a car - Volvo vs Toyota Highlander
Replies: 54
Views: 2592

Re: Boglehead guilt with buying a car - Volvo vs Toyota Highlander

I would not buy a car that had been on the road for only one year and had 20K miles on it. That use is too heavy. We almost always buy used, but only vehicles with 10K or less per year. PS There is nothing in the Boglehead principles listed on this site that address what type of cars Bogleheads shou...
by delamer
Thu Jun 21, 2018 6:00 pm
Forum: Investing - Theory, News & General
Topic: Avoiding Capital Gains Tax
Replies: 10
Views: 890

Re: Avoiding Capital Gains Tax

Starting this year, there is no 15% bracket for ordinary income — the brackets changed. And the LTCG rates do not correspond exactly with the ordinary income brackets. https://www.fool.com/taxes/2017/12/22/your-guide-to-capital-gains-taxes-in-2018.aspx So make sure you understand precisely what you ...
by delamer
Thu Jun 21, 2018 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: [100% stock, uncomfortable with international]
Replies: 33
Views: 2162

Re: [100% stock, uncomfortable with international]

But if your wife has investments in international, then you have international too.

You said it makes up 10% of your joint portfolio.
by delamer
Thu Jun 21, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Change - 4 Years from Retirement
Replies: 8
Views: 633

Re: Asset Allocation Change - 4 Years from Retirement

OP here: I am Government so my non-equity options are G Fund (Treasuries) or F Fund (Bond Fund), that's really it. I would like to understand which one is better return for preservation and best growth in today's environment (Interest Rates rising over the next 12 months). So you are receiving a de...
by delamer
Thu Jun 21, 2018 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Grandparents requested our help to manage $300K
Replies: 29
Views: 3352

Re: Grandparents requested our help to manage $300K

Hello! I'm Beach's wife and I have an update. Good News - They bought a boat, and are very excited about it. We're happy for them. Bad News - They've been going to "Financial Seminars" :oops: I had no idea people set these things up to take advantage of old people. They really are a target market f...
by delamer
Thu Jun 21, 2018 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: is Ed Jones always bad news?
Replies: 29
Views: 3109

Re: is Ed Jones always bad news?

There are two costs — the ERs for the individual funds and the overall asset management fee.

Even if the rep puts your father in low cost funds, he still is paying a management fee.
by delamer
Thu Jun 21, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: 3 nights in Vegas
Replies: 36
Views: 1792

Re: 3 nights in Vegas

Cirque du Soleil

Shark Reef Aquarium at Mandalay Bay

Hoover Dam
by delamer
Thu Jun 21, 2018 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Change - 4 Years from Retirement
Replies: 8
Views: 633

Re: Asset Allocation Change - 4 Years from Retirement

Why not more cash, more stocks, less bonds?
by delamer
Thu Jun 21, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: VEUSX Time To Sell?
Replies: 17
Views: 684

Re: VEUSX Time To Sell?

Regardless of the performance, keeping an asset that is less than 5% of a portfolio doesn’t make much sense.

It just isn’t having an effect on your portfolio’s overall return.
by delamer
Thu Jun 21, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: What should be my stock/bond allocation?
Replies: 21
Views: 1473

Re: What should be my stock/bond allocation?

Thank you for your responses. I am new to this so let me give some more detail. The sale of the business will generate all cash for us (8 million). Our business was everything. Outside of the sale, we have two years worth of living expenses and a house in which we have 65% equity. To cover 3 kids a...
by delamer
Thu Jun 21, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 121
Views: 7521

Re: What is/ was your career and would you recommend it now?

Actuary. It has been rated in the "top 10" by many lists over the years, and the ranking is correct. Once a person finishes their actuarial examinations (usually happens before age 30), unemployment is basically zero, salaries are very good, and the stress level is relatively low. I would highly re...
by delamer
Thu Jun 21, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: help, inheritance of $3.5M, read & read BogleH, & still in the dark
Replies: 26
Views: 3128

Re: help, inheritance of $3.5M, read & read BogleH, & still in the dark

My plan is to buy a home for about $1M Some context might be helpful here. Are you somewhere like the San Francisco area where $1M gets you a rather modest house, or somewhere in "flyover country" where $1M gets you a mansion on a huge lot? Even if a $1 million house is not considered a high-end ho...
by delamer
Wed Jun 20, 2018 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: What should be my stock/bond allocation?
Replies: 21
Views: 1473

Re: What should be my stock/bond allocation?

My husband and I just sold our business (we are 52 years old and still have 3 kids to put through college). We would need to live on 5-6% from our investments a year for the next 6 years then hopefully our cost of living will go down. Given the current market, would a 40/60 allocation be appropriat...
by delamer
Wed Jun 20, 2018 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: help, inheritance of $3.5M, read & read BogleH, & still in the dark
Replies: 26
Views: 3128

Re: help, inheritance of $3.5M, read & read BogleH, & still in the dark

Have you looked into the carrying costs of a $1 million dollar home? Property taxes, utilities, insurance, lawn and exterior maintenance, furnishing, and repairs will use a big chunk of your income, even if you don’t have a mortgage. Frankly, it is not consistent with the behavior of someone who con...
by delamer
Wed Jun 20, 2018 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Continue 529 contributions or pay off rental RE?
Replies: 5
Views: 352

Re: Continue 529 contributions or pay off rental RE?

I am a little confused about the rental. Let’s say you did not do anything to prepay the principal. When would it be paid off? Are you making any profit on it now? You could save $38,000 in interest if you prepaid, but also miss out on any income you’d receive if you invested the funds in the 529. Y...
by delamer
Wed Jun 20, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Stock Investments questions and advice?
Replies: 7
Views: 493

Re: Stock Investments questions and advice?

Highly recommend that you read this 16-page paper designed for new investors:

http://www.etf.com/docs/IfYouCan.pdf

Dr. Bernstein is highly regarded by Bogleheads.
by delamer
Wed Jun 20, 2018 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice For Portfolio Construction
Replies: 4
Views: 366

Re: Seeking Advice For Portfolio Construction

Where does your current income come from? Is it work and/or Social Security? Are there any other sources?

How much income do you hope to get from your $400,000?

Your best portfolio in part rests on how much money you need. And also whether you want to leave a legacy to heirs or a charity.
by delamer
Wed Jun 20, 2018 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date Fund in Taxable / Large Unrealized Gain Question
Replies: 11
Views: 683

Re: Target Date Fund in Taxable / Large Unrealized Gain Question

You’ll very likely pay 15% on the gains in federal tax. See the table in this article: https://www.fool.com/taxes/2017/12/22/your-guide-to-capital-gains-taxes-in-2018.aspx But you will probably pay NJ state taxes too. Your unrealized gains will continue to accrue so if that is what you want to avoid...
by delamer
Wed Jun 20, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking spending before retirement useful for estimating retirement expenses?
Replies: 72
Views: 4025

Re: Tracking spending before retirement useful for estimating retirement expenses?

...What's actionable about tracking expenses? And by that I mean details on spending versus the big picture. Our savings (both retirement and non-retirement) comes out first, then spending and usually some is left over that gets added to extra savings or put in a big-ticket item spending account. O...
by delamer
Wed Jun 20, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: How to evaluate charities to donate to?
Replies: 36
Views: 1151

Re: How to evaluate charities to donate to?

I donate anonymously using money orders and keep the receipts with the receiving organization noted.
by delamer
Wed Jun 20, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking spending before retirement useful for estimating retirement expenses?
Replies: 72
Views: 4025

Re: Tracking spending before retirement useful for estimating retirement expenses?

...What's actionable about tracking expenses? And by that I mean details on spending versus the big picture. Our savings (both retirement and non-retirement) comes out first, then spending and usually some is left over that gets added to extra savings or put in a big-ticket item spending account. O...
by delamer
Wed Jun 20, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 50: Should I?
Replies: 84
Views: 9952

Re: Retire at 50: Should I?

What did we do before the ACA was around? Just get private health insurance from ER to 65? Yes, if people could find it, if it covered pre-existing conditions, and if it was affordable. “Private” isn’t really the right term — individual or non-group coverage are more accurate. The pre-existing cond...
by delamer
Wed Jun 20, 2018 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: I feel like selling my 3 fund
Replies: 57
Views: 7347

Re: I feel like selling my 3 fund

Thank You all for the tremendous support! I have been doing a lot of reading and planning. I am definitely not going to sell anything. About how much are you considering adding to investing from savings, as a lump sum? All my savings at once. I don't need them and have that CD that will mature some...
by delamer
Wed Jun 20, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Safe Growth Strategy
Replies: 11
Views: 1019

Re: Safe Growth Strategy

Thanks for that information; something I wasn’t familiar with. Basically a zero sum hedge against inflation that preserves what you have along with the liquidity (which to me, means having access to it within a year). By safest, I guess my definition lies somewhere between not losing anything (whic...
by delamer
Tue Jun 19, 2018 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: ARM options, thought process
Replies: 7
Views: 663

Re: ARM options, thought process

I agree with the suggestion above to figure out your new payments at various reset points, taking into account that your new payment will be based on a reduced balance. It is useful to know what your worst-case scenario is under the current loan before making any decisions. You did not say how far y...
by delamer
Tue Jun 19, 2018 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Safe Growth Strategy
Replies: 11
Views: 1019

Re: Safe Growth Strategy

Consider one of the Vanguard LifeStrategy funds. You can choose the option that matches your risk tolerance, and you only need one investment:

https://investor.vanguard.com/mutual-fu ... estrategy/#/
by delamer
Tue Jun 19, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Can I break the tape in 5 years?????
Replies: 25
Views: 2964

Re: Can I break the tape in 5 years?????

Is this typical for a bogleheads to be this in doubt? Isn’t over $3m at age 51 a lot of money? :shock: Think of it this way — what if someone came on the forum and said “I weigh 160 pounds. Am I fat?” All of the responses would be “I have no idea. How tall are you?” Similarly, just knowing someone’...
by delamer
Tue Jun 19, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: I don't trust my own estimate of expenses
Replies: 29
Views: 2186

Re: I don't trust my own estimate of expenses

...Its much better to find your total actual spending and then bring it down than to try to do a bottoms up estimate. How is your spending complicated? In the most simple sense you can calculate your average spending from Spending+Savings = Income What he's saying is, use the Top Down method: Spend...
by delamer
Tue Jun 19, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Can I break the tape in 5 years?????
Replies: 25
Views: 2964

Re: Can I break the tape in 5 years?????

Finding a new low-paying and/or low-stress job in your 50’s that includes health insurance for a family is not easy, particularly if you don’t want to work full-time. In 5 years, you’ll still have 9 to 10 years until you are eligible for Medicare. So a “retirement plan” that requires that you hold a...
by delamer
Tue Jun 19, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on track to retire at 55?
Replies: 24
Views: 2505

Re: Am I on track to reitre at 55?

One reason to hold out for a full retirement is the continuance of the Federal Employee Health Benefits. That's something to keep in mind as your opportunity for retirement nears. If you are instead intent on an early retirement and don't see the need for the FEHB, I recommend boosting your current...
by delamer
Tue Jun 19, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on track to retire at 55?
Replies: 24
Views: 2505

Re: Am I on track to reitre at 55?

One reason to hold out for a full retirement is the continuance of the Federal Employee Health Benefits. That's something to keep in mind as your opportunity for retirement nears. If you are instead intent on an early retirement and don't see the need for the FEHB, I recommend boosting your current...
by delamer
Tue Jun 19, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Calculating safe withdrawal rate (dialing it back)
Replies: 8
Views: 1235

Re: Calculating safe withdrawal rate (dialing it back)

I do not have a specific suggestion on how to handle this issue, but — My supposition is that once your kids are raised (college paid for; supporting thenselves), that your expenses will drop substantially. Even if you decide to increase your annual travel budget by quite a bit, it will probably be ...
by delamer
Tue Jun 19, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on track to retire at 55?
Replies: 24
Views: 2505

Re: Am I on track to reitre at 55?

What is your Minimum Retirement Age? How much service will you have at that time?

If you can hold out until your MRA+30, your retirement finances will be much simpler.

But maybe that is too late?