Search found 603 matches

by Will do good
Wed Feb 07, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: market downturn
Replies: 13
Views: 985

Re: market downturn

We're retired at 55/45. But once we start SS at 70 we may go as high as 75/25 to grow our portfolio again for future generations.
With SS our WR is <2%, we can take more risk.
by Will do good
Mon Feb 05, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 13499

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

Shortly after retirement, the market begins a two-year slide where the total loss is 50%. After being retired two years, fearless now has a portfolio of $880,000 dollars (50% drop, $120k in withdrawals), after starting with $2,000,000. Yes, but none of those doom and gloom scenarios ever materializ...
by Will do good
Mon Feb 05, 2018 1:40 pm
Forum: Investing - Theory, News & General
Topic: "Bitcoin is my potential pension"
Replies: 54
Views: 7808

Re: "Bitcoin is my potential pension"

I feel really sad for many of these people, they don't know any better (uneducated or otherwise) and keep digging deeper into debt.
Their problem will turn into family problem and than will turn into our (public) problem.
by Will do good
Sun Feb 04, 2018 6:19 pm
Forum: Personal Consumer Issues
Topic: Applying for a passport with a credit freeze
Replies: 7
Views: 674

Re: Applying for a passport with a credit freeze

They don'y need you to unfreeze anything.
by Will do good
Sun Feb 04, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: T-Mobile Coverage in Rural Areas
Replies: 31
Views: 1099

Re: T-Mobile Coverage in Rural Areas

As mentioned above you can download a map section in Google Maps so you can use it offline if you don't have a connection. That helps considerably. But no navigation if you are offline so you have maps but you'll need to navigate yourself. That's not true, when we were up at Yosemite our offline ma...
by Will do good
Fri Feb 02, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: What advice would you give yourself if you were 27 again?
Replies: 120
Views: 7575

Re: What advice would you give yourself if you were 27 again?

You will live a lucky/charm life, don't worry so much.

Spend even more time with your wife and kids.

10x your position on Apple and don't sell any until 2.1.2018
by Will do good
Tue Jan 30, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Still working out of greed or fear?
Replies: 46
Views: 4932

Re: Still working out of greed or fear?

OP, How about Option C - Ignorance (AutoPilot) . In my case, it snuck up on me. I have been on AutoPilot, living below my means, savings and never really thought I was ready to retire. Mostly because I hadn’t really done the research or analysis on how much I would need and how it would all work. F...
by Will do good
Sat Jan 27, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Who taught you about financial responsibility?
Replies: 107
Views: 6826

Re: Who taught you about financial responsibility?

Self-taught, both my parents are not good with money.
by Will do good
Mon Jan 22, 2018 9:26 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9090

Re: The Power of Working Longer

Without getting into the weeds of the authors' methods, their conclusion doesn't seem to be valid. For instance, saving $1k a month at 0% return for 30 years leaves you with $360k, but a 1% return leaves you with $417k, a difference of $57k or 57 months of saving at 0% return. As the rates of retur...
by Will do good
Sun Jan 21, 2018 5:04 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 34917

Re: Year 2000 retirees using the '4% rule' - Where are they now?

I am one of these retirees. Here is my story. My Retiree Story Originally Posted December 02, 2010; Updated January 11, 2018 I retired at age 57 at the end of 1999, I am 75 1/2 now. I planned to take Social Security at 62 and to start withdrawing from my IRA at the same time. Therefore, to fill the...
by Will do good
Sat Jan 20, 2018 11:14 pm
Forum: Personal Consumer Issues
Topic: Rent (free at library) or buy books?
Replies: 50
Views: 2958

Re: Rent (free at library) or buy books?

60% library books, 35% Audible books, 5% purchase from Amazon, more or less.
by Will do good
Fri Jan 19, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 379
Views: 62349

Re: Keep cash for a down period

If you are retired and are selling investments for expenses, have at least three years of your normal distribution needs in cash accounts so that you don't have to sell when the markets, both stock and bonds, are low. If you don't have that cushion, you will have no choice but to sell. You can't ev...
by Will do good
Thu Jan 18, 2018 8:04 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7561

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I have learned so much from WCI. I'll be happy to pay for the new course for my kids if they are interested and willing to learn.
Comparing to the how much I already paid for their college education ($400k+), this is cheap.
by Will do good
Thu Jan 18, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: What are some good, older threads?
Replies: 20
Views: 2056

Re: What are some good, older threads?

Here We Go Again: SWR 2.5% or 5.5%?
viewtopic.php?f=10&t=182496&newpost=2766317

How to pay ZERO taxes in retirement with 6-figure expenses
viewtopic.php?t=87471
by Will do good
Wed Jan 17, 2018 4:39 pm
Forum: Investing - Theory, News & General
Topic: Amazing how much your IPS can de-stress your life
Replies: 29
Views: 4063

Re: Amazing how much your IPS can de-stress your life

:sharebeer

If your IPS includes 2-4 years of expenses in cash/CD you are pretty safe (It's even better if you have a job.), anything 50/50 and 2-4 years of cash/CD can't protect, we have a much bigger problem.
by Will do good
Tue Jan 16, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 379
Views: 62349

Re: What's your one big takeaway from the Crash of 2008?

A good reminder to have AA you can live with.
by Will do good
Fri Jan 12, 2018 8:25 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 34917

Re: Year 2000 retirees using the '4% rule' - Where are they now?

I just wanted to know that if you had to you could live off of the 100% stock portfolio knowing that it's very volatile? In other words just live off the income from the portfolio but let the portfolio float in the market. If your portfolio is big enough relative to your withdrawals and you can sta...
by Will do good
Fri Jan 12, 2018 7:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 182
Views: 12773

Re: Post your Financial Milestone Announcements Here

I just passed the $100k mark in my 401k this morning! I started with my company in July 2012 and this was the first year I was able to max the contribution limit. I didn't contribute anything in 2015 while I was on my debt-free journey but once I got down I was able to set my contribution at 25% in...
by Will do good
Thu Jan 11, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: Running Maximum Withdrawal Percentage: Any data on this?
Replies: 26
Views: 1620

Re: Running Maximum Withdrawal Percentage: Any data on this?

For the many of us that worries about 4%, this is a good reminder to plan for the worst but don't be so afraid the sky falling.
Follow Taylor Larimore advice and be flexible.
by Will do good
Tue Jan 09, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 34917

Re: Year 2000 retirees using the '4% rule' - Where are they now?

I retired in 1998, but I will look at what I had on January 2000. At retirement I decided not to use the "4% rule", but to take out an annual average of 4.5% and not increase for inflation. The reasons were that I knew that expenses would not be the same annually so my withdrawals were certain to b...
by Will do good
Tue Jan 09, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 34917

Re: Year 2000 retirees using the '4% rule' - Where are they now?

What this shows is that, yeah, a 4 % withdrawal rate, upped w inflation, works over 30 years. But you have to have a stomach of steel and be ok watching your nest egg get at least partially consumed. This argues for Bernstein’s more conservative 2-3%. Your retired and have no income. Why should you...
by Will do good
Mon Jan 08, 2018 8:17 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20102

Re: Anyone disenchanted with retirement?

Retired 1.5 years ago, when not travel overseas with DW and if a project pop up I will take it. I mostly love my job.
Otherwise retirement is wonderful, I get to do what and when I want it!
by Will do good
Mon Jan 08, 2018 11:23 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8952

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

Jags4186 wrote:
Mon Jan 08, 2018 10:09 am
The forum would be pretty boring if everyone followed all the rules...only actionable threads, no duplicate posts, read the wiki before asking questions...
+1
by Will do good
Mon Jan 08, 2018 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Can you ever win the game?
Replies: 50
Views: 5272

Re: Can you ever win the game?

Deleted
by Will do good
Sat Jan 06, 2018 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take this promotion?
Replies: 26
Views: 2052

Re: Should I take this promotion?

Always say yes to opportunities.
by Will do good
Thu Jan 04, 2018 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire now?
Replies: 50
Views: 6124

Re: Can I retire now?

jburke wrote:
Thu Jan 04, 2018 11:10 pm
I'm thinking I should work for another year or two and then re-evaluate. There seems to be quite a bit of doubt as to whether I could stretch my money out in the long run.
+1, good idea.
You are young, and very close to FI. Extra few years of work would be much safer for such a long retirement.
by Will do good
Sun Dec 24, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: Not investing through your 30's
Replies: 60
Views: 5762

Re: Not investing through your 30's

Duplicated post.
by Will do good
Sun Dec 24, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: Not investing through your 30's
Replies: 60
Views: 5762

Re: Not investing through your 30's

Not sure why you would want to be like the financially ignorant masses who are broke, in debt up to their ears and then find out in their 40s they dug themselves into a hole and no way out. +1, I saved early and often when I was in my 20's (I also spend some to enjoy traceling with my family). Toda...
by Will do good
Sat Dec 23, 2017 8:54 pm
Forum: Personal Consumer Issues
Topic: Favorite Camera - Recommendations, Photos, and Pictures of Your Gear?
Replies: 65
Views: 4382

Re: Photography gear and what you use it for?

Started with Minolta 101
Shoot professionally with 8x10 Deardoff
Shoot professionally with Hasselblad 500 C/M
Today retired, Nikon D810 or iPhone (mostly iphone when traveling or not being paid)
by Will do good
Sat Dec 23, 2017 3:23 pm
Forum: Investing - Theory, News & General
Topic: [Can you retire on] $5mm
Replies: 25
Views: 2779

Re: $5mm

Surely you're joking, Mr. Skime! I was just getting opinions on articles I have read. I've seen articles that show people that can and can't retire with $5 million. I have read articles from billionaires and for them $5 million is not enough. However I have read lot more articles from people with l...
by Will do good
Sat Dec 23, 2017 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Ever tempted to shut it down once you have “enough”?
Replies: 37
Views: 4277

Re: Ever tempted to shut it down once you have “enough”?

Not at all, because we do have more than enough for the next 50+ years, we plan to move slowly from 50/50 to 70/30 throughout our retirement. We want to grow our portfolio for future generations. Not fair thinking about something beyond your own retirement. I don't understand what you mean, can you...
by Will do good
Sat Dec 23, 2017 1:04 pm
Forum: Investing - Theory, News & General
Topic: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin
Replies: 74
Views: 7013

Re: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin

High School teacher here. For the first time ever last week I had freshmen kids talking about investing in bitcoin. These are kids who don't know a stock from a bond or even how a checking account works. In 10 years of teaching I don't remember kids talking about investing in anything....ever. Corr...
by Will do good
Sat Dec 23, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Ever tempted to shut it down once you have “enough”?
Replies: 37
Views: 4277

Re: Ever tempted to shut it down once you have “enough”?

Not at all, because we do have more than enough for the next 50+ years, we plan to move slowly from 50/50 to 70/30 throughout our retirement.
We want to grow our portfolio for future generations.
by Will do good
Fri Dec 22, 2017 10:22 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16625

Re: Bitcoin in Freefall

Wait, it's time to buy on discount :oops:

/s
by Will do good
Wed Dec 20, 2017 9:23 pm
Forum: Investing - Theory, News & General
Topic: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin
Replies: 74
Views: 7013

Re: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin

The last time quite a few people talk about the stock market, it crashed.

The last time quite a few people talk about the Real estate, it crashed.

The last time quite a few people talk about the bitcoin, it ...
by Will do good
Tue Dec 19, 2017 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Memories over money
Replies: 40
Views: 2841

Re: Memories over money

I used to over think like that, today I retired early and living way below 4% and wish I have spend more on trip when my kids were younger. :oops: If you can afford the $5000 trip and still manage to save for your future there is no problem. When you die your money will end up with your kids anyways...
by Will do good
Mon Dec 18, 2017 5:23 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads save on eyeglasses?
Replies: 91
Views: 6278

Re: How do Bogleheads save on eyeglasses?

For us Costco is the lower cost and good quality too.
by Will do good
Sun Dec 17, 2017 2:38 pm
Forum: Forum Issues and Administration
Topic: Thank you Admins
Replies: 28
Views: 2687

Re: Thank you Admins

Thank you!!
by Will do good
Sat Dec 16, 2017 6:34 pm
Forum: Local Chapters and Bogleheads Community
Topic: @@Happy Holidays Bogleheads. How others here helped you?
Replies: 49
Views: 4106

Re: Holiday thanks to Bogleheads. How have they helped you?

What a wonderful idea to give thanks to the many helpful BHs :sharebeer Special thanks to: Taylor Larimore - Keep it simple, stay the course Victoria - My retirement role model Livesoft - I understand 10% of what he teaches HomerJ - Smart common sense sheepdog - Practical, real world experience Mode...
by Will do good
Thu Dec 14, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 50X annual spending. Now what?
Replies: 56
Views: 6308

Re: Reached 50X annual spending. Now what?

I know it's a subjective decision, but I'd also like to know what others here think. You have more than you need, so you a) don't need to take risk and should have a conservative (say, 30/70) portfolio, or b) can afford to take risk (because even a 50% drop leaves you at a presumably safe 25X) and ...
by Will do good
Sat Dec 09, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 11250

Re: Price of haircut?

bikechuck wrote:
Wed Dec 06, 2017 4:26 pm
Will do good wrote:
Thu Nov 30, 2017 10:08 pm
Wife does the cutting. Free!
Are you sure about that? Few things in life are truly free and wives have their ways of seeking adequate compensation.
I'm lucky, my wife doesn't really like to spend much. She has a iPhone 6 and I offer to replace it with X and she say no thanks.
by Will do good
Fri Dec 01, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: I met my first Retirement Savings goal
Replies: 26
Views: 2124

Re: I met my first Retirement Savings goal

Congrats! 27 at 100K is really good, you beat out 95% of Americans.
by Will do good
Thu Nov 30, 2017 10:08 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 11250

Re: Price of haircut?

Wife does the cutting. Free!
by Will do good
Wed Nov 29, 2017 8:48 pm
Forum: Personal Consumer Issues
Topic: Luggage Update for Travel
Replies: 73
Views: 4401

Re: Luggage Update for Travel

Edit - For people who carry on their bags (and fly coach): Are you really able to stay strictly within airlines' weight limits for carry-ons? Easily. Light travel is an obsession of mine, and if I really keep things to a minimum, I can fit everything I need into a small pack and still have half the...
by Will do good
Wed Nov 29, 2017 7:54 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9996

Re: What did you do right?

1. Married the right person
2. Worked hard and always had freelance business thru my career. How do I have the time? see #1
3. Started many business and some of them actually worked out ok. See #1
4. Invested early and often. See #1
5. Be lucky, being at the right place at the right time.
by Will do good
Wed Nov 29, 2017 12:53 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11901

Re: After financial independence, do you lose motivation for work?

Being semi-retired & FI, I still love my profession but not so much with crazy clients and dumb demands.

I'm willing to work when not traveling, or have nothing better going on with my life (at that moment). It's the best of both world, we are lucky we have options.
by Will do good
Tue Nov 28, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 9204

Re: Can I afford a $1,400,000 house

Yes, you are both Doctors. The rules you live by are different than the rest of us. It is very unlikely that either of you will ever be out of work for long or ever take a pay cut. There are many experience Doctors here, they know what they are talking about when they say no. The rules of living be...