Search found 681 matches

by bradshaw1965
Tue Sep 18, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Facing Retirement at year end
Replies: 22
Views: 2592

Re: Facing Retirement at year end

$49K in Social Security income, and $870K in liquid assets if you decide to lump sum the pension with a $50k a year expenses is a pretty good ballpark to be in. Seems like housing and health care are going to be your biggest things to figure out but that's not unusual. I'd probably downsize and move...
by bradshaw1965
Tue Sep 18, 2018 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Laddered CDs
Replies: 28
Views: 2762

Re: Laddered CDs

peterinjapan wrote:
Tue Sep 18, 2018 8:23 am
I love the Fidelity Laddered CD tool. It's "set and forget" and I have one in my IRA.

https://fixedincome.fidelity.com/ftgw/f ... -new-issue
That's a really nice tool, thanks for the pointer.
by bradshaw1965
Mon Sep 17, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Delaying SS? How Long It Will Take for It to Pay Off?
Replies: 41
Views: 3026

Re: Delaying SS? How Long It Will Take for It to Pay Off?

smitcat wrote:
Mon Sep 17, 2018 8:07 am
Greenman72 wrote:
Mon Sep 17, 2018 8:06 am
I don't know much about anything.
But I know that delaying it until 70 doesn't help if you die at 69.
Absolutely true - If you are going to die at 69 then retire ASAP and take SS at 62.
Not sure that's always right if you are using spousal benefits in your planning.
by bradshaw1965
Mon Sep 17, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: Overnight near Atlanta?
Replies: 30
Views: 1473

Re: Overnight near Atlanta?

Just one anecdotal datapoint for Atlanta weekend traffic, there seems to be significant ongoing weekend construction and my travel times have been as bad as commute times on 85, 75 and 285.
by bradshaw1965
Mon Sep 10, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: $25K car
Replies: 39
Views: 3545

Re: $25K car

You might also consider a Mazda 6. I recently test drove a 2018 Accord and a 2018 Mazda 6, and liked the Mazda much better. The Mazda also has the safety features like Honda's, the 6 is getting CarPlay right now, and also has keyless entry. I found the Mazda drives much nicer than the Accord. Bette...
by bradshaw1965
Mon Sep 10, 2018 6:36 pm
Forum: Personal Consumer Issues
Topic: $25K car
Replies: 39
Views: 3545

Re: $25K car

You might also consider a Mazda 6. I recently test drove a 2018 Accord and a 2018 Mazda 6, and liked the Mazda much better. The Mazda also has the safety features like Honda's, the 6 is getting CarPlay right now, and also has keyless entry. I found the Mazda drives much nicer than the Accord. Bette...
by bradshaw1965
Mon Sep 10, 2018 4:28 pm
Forum: Personal Consumer Issues
Topic: $25K car
Replies: 39
Views: 3545

Re: $25K car

I really like the 2018 Honda Accord Sport, purchased one myself and am happy about it. The only downside is that it is model year one for this car and the 1.5 Liter Turbo has had issues in other Honda vehicles in the lineup (long running thread on Bogleheads about the CRV). I feel pretty good about ...
by bradshaw1965
Sat Sep 08, 2018 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Scaring the Old Folks
Replies: 71
Views: 8094

Re: Scaring the Old Folks

Sitting home and watching fox news is pretty darn cheap:) So is not buying any new clothes:) Obviously my biggest savings from retiring is no longer saving 25-40% of my income. The huge tax decrease (i.e. no SS, LTGC with cost basis) is going to be around another 20% savings. Thats a lot of golf, t...
by bradshaw1965
Sun Sep 02, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18051

Re: How to Retire in Your 30's with $1 Million in the Bank

Bogleheads in general has become much less tolerant of anything but a high-paying long career with every I dotted and every T crossed. I think the Boglehead principles work in all kinds of situations and are especially helpful in situations where you can't afford to make big mistakes. A lot of these...
by bradshaw1965
Tue Aug 21, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 109
Views: 11887

Re: Is a million really the benchmark for retirement

When I move, I plan to buy another house in a low cost of living area (back home) for cash. If I sold my house today, I could do it (I've been watching sale prices in my current neighborhood and where I want to live in four years). .... With $800k, I pull out $32k annually from my retirement invest...
by bradshaw1965
Tue Aug 21, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 109
Views: 11887

Re: Is a million really the benchmark for retirement

It is hard to have this discussion unless someone defines what a successful retirement means to them. For me, a retirement where I am just "not homeless", or where I have to shop for my clothes at Wal-Mart, or where I can't afford to travel unless I stay at a cheap motel, would not be a success. Yo...
by bradshaw1965
Mon Aug 20, 2018 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 109
Views: 11887

Re: Is a million really the benchmark for retirement

you can set 1 mil as a milestone target. with 1 mil and proper investment to beat the inflation assuming you withdraw 3% , it would last 30 years of your retirement. Assuming you would also get 20k from SS, so the total $50k would get you some sort of "decent" retirement cost covered. But would thi...
by bradshaw1965
Mon Aug 20, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 109
Views: 11887

Re: Is a million really the benchmark for retirement

Hello all. I see so many posts here from people with a million dollars (some by their 30s or even multi-millions before then) that I start to feel a bit sub-par and worry if I have enough. My estimates put me at $800k (assuming I keep saving at my current rate of and count on 3% a year until retire...
by bradshaw1965
Mon Aug 20, 2018 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 109
Views: 11887

Re: Is a million really the benchmark for retirement

you can set 1 mil as a milestone target. with 1 mil and proper investment to beat the inflation assuming you withdraw 3% , it would last 30 years of your retirement. Assuming you would also get 20k from SS, so the total $50k would get you some sort of "decent" retirement cost covered. But would thi...
by bradshaw1965
Sun Aug 19, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 105
Views: 13581

Re: Teachers Who Have Net Worth of $1 million +

I don't agree that, averaged over the entire country, it's necessarily a huge accomplishment to accumulate $1M as a teacher vs. countless other occupations with similar requirements. Also we have all kinds of posts referring to couples, and there again if both people work, I'm not seeing it as a hu...
by bradshaw1965
Sun Aug 19, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 105
Views: 13581

Re: Teachers Who Have Net Worth of $1 million +

I've found this calculator really useful for getting a feel for actual net worth and what it means to be a millionaire in the United States. https://dqydj.com/net-worth-by-age-calculator-united-states/ Make sure you switch to avoid home equity and it's 90th percentile for 50-54 and 85th percentile f...
by bradshaw1965
Sun Aug 19, 2018 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 105
Views: 13581

Re: Teachers Who Have Net Worth of $1 million +

I don't agree that, averaged over the entire country, it's necessarily a huge accomplishment to accumulate $1M as a teacher vs. countless other occupations with similar requirements. Also we have all kinds of posts referring to couples, and there again if both people work, I'm not seeing it as a hu...
by bradshaw1965
Tue Aug 14, 2018 10:27 am
Forum: Investing - Theory, News & General
Topic: Importance of sequence of real returns for SWR, CAPE valuation, and Luck
Replies: 95
Views: 4278

Re: Importance of sequence of real returns for SWR, CAPE valuation, and Luck

But why does it make sense to believe that the 4% rule is still carved in stone? 4% rule was *never* carved in stone. It was a single study that drove *down* the general rule of thumb for retiree withdrawals. That's not entirely accurate. Yes, Bengen's study was seminal, but it was a study that has...
by bradshaw1965
Tue Aug 14, 2018 9:53 am
Forum: Investing - Theory, News & General
Topic: Importance of sequence of real returns for SWR, CAPE valuation, and Luck
Replies: 95
Views: 4278

Re: Importance of sequence of real returns for SWR, CAPE valuation, and Luck

CULater wrote:
Tue Aug 14, 2018 9:51 am
But why does it make sense to believe that the 4% rule is still carved in stone?
4% rule was *never* carved in stone. It was a single study that drove *down* the general rule of thumb for retiree withdrawals.
by bradshaw1965
Tue Aug 14, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: Importance of sequence of real returns for SWR, CAPE valuation, and Luck
Replies: 95
Views: 4278

Re: Importance of sequence of real returns for SWR, CAPE valuation, and Luck

I'm not sure the 1966 retiree would completely agree with you. He literally spent his last penny in his 30th year of retirement - after a whole series of very depressing conversations with his financial advisor along the way.... And to pour salt in his wounds, many of his buddies who retired at tim...
by bradshaw1965
Sat Aug 11, 2018 6:10 pm
Forum: Investing - Theory, News & General
Topic: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets
Replies: 67
Views: 10058

Re: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets

I don't understand why Vanguard focuses so much on avoiding the noise, staying the course and yet they put out research like this constantly it seems as of late. Hire some economists and they are going to make forecasts. It's like expecting the scorpion not to sting you to not expect this kind of r...
by bradshaw1965
Sat Aug 11, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets
Replies: 67
Views: 10058

Re: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets

I don't understand why Vanguard focuses so much on avoiding the noise, staying the course and yet they put out research like this constantly it seems as of late. Hire some economists and they are going to make forecasts. It's like expecting the scorpion not to sting you to not expect this kind of r...
by bradshaw1965
Thu Aug 09, 2018 8:08 am
Forum: Investing - Theory, News & General
Topic: HBO Hard Knocks Clip - Compound Interest Clip
Replies: 10
Views: 1367

Re: HBO Hard Knocks Clip - Compound Interest Clip

It was a nice piece, cringed at "put $100,000 in the bank and let it just sit there" but just happy to get a little personal finance in on a popular show and hopefully he gets a little Vanguard followup.
by bradshaw1965
Wed Jul 18, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: Tyler Cowen talks with Vitalik Buterin
Replies: 2
Views: 409

Re: Tyler Cowen talks with Vitalik Buterin

Link: https://medium.com/conversations-with-tyler/vitalik-buterin-tyler-cowen-cryptocurrency-blockchain-tech-3a2b20c12c97. It's a fascinating discussion covering the economics and the challenges of Ethereum. Cowen is an academic economist at George Mason University, an author of several books and o...
by bradshaw1965
Fri Jul 13, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 14140

Re: Saving 20% of paycheck isn't enough

I feel that it is best to just save as much as you can without sacrificing too much of your life. Obviously, the higher your rate of saving, the easier it is to retire earlier. Start as early as possible too. Too many variables involved to really be able to put a set %. Everyone needs to figure out...
by bradshaw1965
Thu Jul 12, 2018 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Five years to retirement (article)
Replies: 12
Views: 1961

Re: Five years to retirement (article)

"Imagine you're a 60 year old woman making $140,000 a year" "Imagine you own a $500,000 house in New York and pay $25,000 a year in property taxes, insurance, and maintenance." "Imagine you have 1.5 million in retirement savings and have 5 years to go before you reach retirement." Imagine you wrote...
by bradshaw1965
Mon Jul 02, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22416

Re: Vanguard to offer non-Vanguard ETFs commission-free

Hmm... I wonder if the list of non-Vanguard ETFs will include the popular iShares ETFs that people now buy through Fidelity. If so, I can see Fidelity losing a lot more business to Vanguard. https://pressroom.vanguard.com/news/Press-Release-Vanguard-Lowers-Cost-Investing-Broadens-Commission-Free-ET...
by bradshaw1965
Fri Jun 29, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Disappointed with Fidelity 401k
Replies: 36
Views: 3696

Re: Disappointed with Fidelity 401k

Having lobbied hard to get my small business employer to move from an insurance company 401k to Fidelity I can only say that you could have it much worse. As others have mentioned, Fidelity keeps custodial costs low but that means your administrative folks do more work. I'm often seeing 6 weeks betw...
by bradshaw1965
Mon Jun 25, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: [100% stock, uncomfortable with international]
Replies: 66
Views: 6560

Re: Bear market performance

I think 100% US Total Stock Market is workable but I'd be more worried about the losing sleep then an International allocation, that 100% stock allocation always has a sizable probability of a >50% drop. bradshaw1965: In the 2008 bear market, Vanguard Total International Stock Index Fund plunged mo...
by bradshaw1965
Mon Jun 25, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 6862

Re: Career Burn Out: Should I quit high paying job and take a sabbatical?

You've gotten some good advice but do keep in mind that this is the wrong forum to post in if you don't want to be talked out of taking a leap.
by bradshaw1965
Fri Jun 22, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: [100% stock, uncomfortable with international]
Replies: 66
Views: 6560

Re: [100% stock, uncomfortable with international]

I think 100% US Total Stock Market is workable but I'd be more worried about the losing sleep then an International allocation, that 100% stock allocation always has a sizable probability of a >50% drop.
by bradshaw1965
Fri Jun 22, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 130
Views: 8897

Re: gray hair

I'm completely fine with my gray hair but I work in tech and have not taken coloring it completely off the table if I thought it might help in a field with rampant ageism.
by bradshaw1965
Thu Jun 21, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 11499

Re: Feel like I'm sinking money into international

That tug is the feeling you're looking for that indicates an asset class is doing the perfectly normal thing that most people can't stand but is the only thing that will give investment performance in the long run.
by bradshaw1965
Tue May 08, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: Why do so many Americans not own stocks?
Replies: 44
Views: 3934

Re: Why do so many Americans not own stocks?

Some people simply can't. Imagine living on minimum wage, or even $15/hour. Even a two earner couple. Then add kids, childcare, etc. Dual earner couple working full-time at $15 an hour is $60k, within earshot of the median household income. Dual earner couples with kids median is higher but the ima...
by bradshaw1965
Fri Apr 20, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 10407

Re: NYT article: Everyone should hire a financial planner

Why do you need state of the art? There is real value in letting go of that requirement since investing results don't yield to the pursuit of expertise. It's fine if it's your hobby, or you have a complicated business or estate but the discussion is whether everyone should hire a financial planner....
by bradshaw1965
Fri Apr 20, 2018 2:13 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 10407

Re: NYT article: Everyone should hire a financial planner

The problem with being DIY is that you don't know what you don't know. You get into a emotional and cognitive bias that a 3rd party can help out. The state of the art moves forwards. We might debate if factor investing is worth it but there is always a new tax wrinkle to think about it. Why do you ...
by bradshaw1965
Fri Apr 20, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 10407

Re: NYT article: Everyone should hire a financial planner

The one consistent argument I hear for hiring a financial planner if you don't have complicated accounting or estate requirements is that they will act as a buffer for behavioral problems during difficult markets. The vast majority of these kind of folks could write a big check to their favorite cha...
by bradshaw1965
Tue Mar 27, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6844
Views: 1495037

Re: U.S. stocks in freefall

So, what's the excuse today for the huge swings? Up nearly 200 at one point and closes down 344. That's not normal , and I'm really beginning to wonder what type of games are being played.. Of course it is, what's not normal was last years up every calendar month from beginning to end with really l...
by bradshaw1965
Sun Mar 25, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 13456

Re: Seasoned bogleheads repressing the thought of lower expected returns

...KlangFool believes that everyone's AA should be between 25/75 and 75/25, largely due to his belief that our portfolios should be 'retirement ready' from an AA perspective all the time, regardless of the size of the portfolio. This is a rather unique perspective among BHs... 1) It's not unique. T...
by bradshaw1965
Sun Mar 25, 2018 12:22 pm
Forum: Personal Consumer Issues
Topic: New vs Used Camry vs Accord
Replies: 64
Views: 4608

Re: New vs Used Camry vs Accord

The Honda radio interface is also quite crappy and laggy. But it connects to my phone just fine (most of the time it’s a tad glitchy but it works 95% of the time.) One of the biggest upgrades of 2018 Accord was infotainment. I found the 2017 unusable but the 2018 is fast and responsive with real kn...
by bradshaw1965
Fri Mar 23, 2018 9:08 pm
Forum: Personal Consumer Issues
Topic: New vs Used Camry vs Accord
Replies: 64
Views: 4608

Re: New vs Used Camry vs Accord

I just bought a 2018 Honda Accord, I test drove the 2017 and thought the 2018 was much better put together. I think Toyota's reliability is likely to be higher over the lifetime of the car and buying the first year of a model change is probably rolling the dice even more but I can live with rolling ...
by bradshaw1965
Thu Mar 22, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Financial Trends Persist
Replies: 51
Views: 4815

Re: Larry Swedroe: Why Financial Trends Persist

Momentum is interesting because it's hard to put sound reasoning behind it like you can with value (investors demand a higher return from riskier assets). Still seems to hold up though at least as well as these things tend to hold up. I still think the individual investor would have a hard time stud...
by bradshaw1965
Thu Mar 08, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: Is Cash Trash? The Purpose of Cash
Replies: 178
Views: 19675

Re: Is Cash Trash? The Purpose of Cash

A little bit too much cash in checking because I don't want to pay fees, and they keep switching up the requirements, and why am I still at this awful mega-bank anyway. Years ago I read an article where Vanguard was sending survey's inquiring and polling responses if they created a bank. Could you ...
by bradshaw1965
Wed Mar 07, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: Is Now the Time to Reduce Bond Duration?
Replies: 41
Views: 4751

Re: Is Now the Time to Reduce Bond Duration?

...A case can be made that the bond bull market, that began in 1982, ended in 2012... "In general, we have thought that this very long bull market in bonds must be somewhere near the end."--Sir John Templeton, 1993 And he was right for a year, 1994 was a terrible year for bonds, as for the interven...
by bradshaw1965
Wed Mar 07, 2018 4:35 pm
Forum: Investing - Theory, News & General
Topic: Is Cash Trash? The Purpose of Cash
Replies: 178
Views: 19675

Re: Is Cash Trash? The Purpose of Cash

A little bit too much cash in checking because I don't want to pay fees, and they keep switching up the requirements, and why am I still at this awful mega-bank anyway. Years ago I read an article where Vanguard was sending survey's inquiring and polling responses if they created a bank. Could you ...
by bradshaw1965
Wed Mar 07, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: Is Cash Trash? The Purpose of Cash
Replies: 178
Views: 19675

Re: Is Cash Trash? The Purpose of Cash

A little bit of cash for a bug-out, lights-out, no ATM environment. A little bit too much cash in checking because I don't want to pay fees, and they keep switching up the requirements, and why am I still at this awful mega-bank anyway. A little bit too much cash because my spouse sometimes forgets ...
by bradshaw1965
Thu Mar 01, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Boglehead contradiction, constant asset allocation is market timing
Replies: 100
Views: 9650

Re: Boglehead contradiction, constant asset allocation is market timing

Flexibility in thinking and approach is much more important then trying to thread the needle of what is and what isn't market timing. In the words ofCliff Asness "sin a little" if you aren't going to be completely chaste.
by bradshaw1965
Fri Feb 16, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 12329

Re: Honda vs. Toyota: Which has more bang for the buck?

I think Toyota has pulled pretty far ahead of Honda as far as service and reliability. My wife's Fit has been mostly reliable but has had pretty significant HVAC issues and I recently purchased an Accord, so obviously I'm at least comfortable enough with Honda's reliability when I speak with my pock...
by bradshaw1965
Thu Feb 08, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: What the 1987 crash looked like 5 minutes by 5 minutes
Replies: 9
Views: 1442

Re: What the 1987 crash looked like 5 minutes by 5 minutes

Scott Nations has a really good account of the 1987 crash in his book A History of the United States in Five Crashes . In his account, a lot of the trading was about expecting liquidity in a suddenly risk-off market around portfolio insurance and some bad trading practices by a particular mutual fun...
by bradshaw1965
Fri Feb 02, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: Ric Edelman: Vanguard, Other Bitcoin Deniers Will Eat Their Words
Replies: 47
Views: 6768

Re: Ric Edelman: Vanguard, Other Bitcoin Deniers Will Eat Their Words

I'm pretty sure Ric thinks he is never going to die so the latest line of techno-utopianism fits right in with that worldview.