Search found 1329 matches

by 22twain
Fri May 25, 2018 11:07 am
Forum: Investing - Theory, News & General
Topic: Folks, I'm calling the Tops for Bay area RE market
Replies: 46
Views: 2397

Re: Folks, I'm calling the Tops for Bay area RE market

toomuchRE wrote:
Fri May 25, 2018 10:11 am
Now or within 4 months..
You bought a house yesterday, right? :wink:
by 22twain
Fri May 25, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Expenses now are 50k a year...can I plan that for retirement?
Replies: 12
Views: 1069

Re: Expenses now are 50k a year...can I plan that for retirement?

Right now our expenses average about 50k/year (that includes mortgage). Does it also include taxes? an income of 170k (single income earner) In retirement, how much tax you pay will depend on the nature of your income and how much of it is taxable. In our case, about half of our savings is in tax-d...
by 22twain
Thu May 24, 2018 2:02 am
Forum: Personal Finance (Not Investing)
Topic: I've never budgeted sucessfully
Replies: 52
Views: 3637

Re: I've never budgeted sucessfully

each bank has a purpose (holding a mortgage, deposit account for tenants, etc) So you own rental property? In that case it might be helpful to keep your rental income and expenses separate from your salaries from work and your household expenses. Have all your rental-related stuff flow through one ...
by 22twain
Wed May 23, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 464
Views: 24099

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

It just occurred to me: Anyone planning decades into the future, who assumes that Social Security benefits will be cut around 2034, as must happen according to current law, should also assume that the current individual tax rates and brackets will expire in 2024 (IIRC) and return to last year’s setu...
by 22twain
Tue May 22, 2018 10:14 pm
Forum: Personal Consumer Issues
Topic: Wifi + wired device
Replies: 49
Views: 2486

Re: Wifi + wired device

[about powerline adapters] There's also some worry about containing your network to your house, as your power plugs are directly connected to the telephone pole, your neighbors, etc... and you hope the power transformers isolate your network traffic. Each adapter has a password configured in it, and...
by 22twain
Mon May 21, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Investments that are unique *and* sensible?
Replies: 12
Views: 1324

Re: Investments that are unique *and* sensible?

If the covered person dies before the life expectancy, the insurance co wins. If the covered person lives beyond life expectancy the insurance co loses. Actually, I think the winners are mostly the covered people who live beyond the life expectancy. I strongly suspect that the "cut" that the insura...
by 22twain
Sat May 19, 2018 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Pension and Sociai Security Impact on 4% Rule
Replies: 20
Views: 2420

Re: Pension and Sociai Security Impact on 4% Rule

the "RE" part of FIRE refers to "Retiring Early", often quite early. Not sure if that is what you are contemplating According to a previous thread , the OP is contemplating retiring at 57-58. Somewhat early, but not super early. Maybe use an average withdrawal rate of 3.5% instead of 4% for back-of...
by 22twain
Sat May 19, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Pension and Sociai Security Impact on 4% Rule
Replies: 20
Views: 2420

Re: Pension and Sociai Security Impact on 4% Rule

For example if your annual spending in $80K you needs $2M to consider a FIRE retirement. To illustrate dbr's comments with an explicit example: if you will receive $40K per year total in Social Security and pension, then you need to cover only $80K - $40K = $40K from your investments, which accordi...
by 22twain
Fri May 18, 2018 3:24 am
Forum: Personal Consumer Issues
Topic: Road trip Newark NJ to Albany
Replies: 76
Views: 3289

Re: Road trip Newark NJ to Albany

On the west side of the river, take the road between West Point and Newburgh that hugs the east side of Storm King Mountain. There's a place where you can pull off and enjoy spectacular views up and down the Hudson River.
by 22twain
Thu May 17, 2018 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Long term investment in grains/wheat
Replies: 22
Views: 1320

Re: Long term investment in grains/wheat

Silk McCue wrote:
Thu May 17, 2018 3:09 pm
On a lighter note:

I would do wheat conversions to bread and eat the gains.
Or do a different kind of conversion, and drink them. :beer
by 22twain
Wed May 16, 2018 10:13 pm
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 252
Views: 45915

Re: What's the ideal safe retirement net worth target?

Does home equity count towards net worth? As far as funding your retirement is concerned, you should count home equity only if you plan to tap into it to help pay other expenses if necessary. For example, you might plan to sell your (expensive) house and move to a LCOL area where houses aren't as e...
by 22twain
Wed May 16, 2018 9:46 pm
Forum: Personal Consumer Issues
Topic: Roof TV Antenna Recommendation Needed
Replies: 23
Views: 1539

Re: Roof TV Antenna Recommendation Needed

If you have no channels that are actually in the low-VHF band (2-6) (*), look for an antenna that's specialized for high-VHF (7-13) and UHF (14+). Low-VHF requires long antenna elements which increase the weight and susceptibility to wind. A good antenna of this type for long-range reception is the ...
by 22twain
Wed May 16, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Would you send your children to private school in my situation?
Replies: 93
Views: 6005

Re: Would you send your children to private school in my situation?

PFInterest wrote:
Wed May 16, 2018 2:07 pm
Statistically your childrens success is determined by SES
:confused :confused
by 22twain
Wed May 16, 2018 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Build up Comments?
Replies: 3
Views: 359

Re: Portfolio Build up Comments?

Where do you have your Roth IRAs, and what are they invested in? The normal philosophy here is to consider all your accounts (except for your emergency fund and/or day-to-day checking account) as a single portfolio. You first decide your asset allocation ("AA"): the overall percentages of domestic s...
by 22twain
Tue May 15, 2018 8:00 am
Forum: Investing - Theory, News & General
Topic: How much should I save before I start investing? and more
Replies: 13
Views: 1887

Re: How much should I save before I start investing? and more

What are the first steps a person should follow when they are beginning? The first thing you should do is take advantage of whatever tax-deferred retirement savings plan your employer has (when you get a "real job", that is.): 401(k), 403(b), etc. Unless you start out making a lot more money that I...
by 22twain
Mon May 14, 2018 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Are bonds really needed - why not 100% stocks?
Replies: 71
Views: 5352

Re: Are bonds really needed - why not 100% stocks?

Implicit in your thinking is, I think, the assumption that equity markets always recover in that time frame. [...] 1966-1981 (or probably until around 1986) they did not do so. 1966-1981 almost exactly covered my days in high school, college and graduate school. When I got my first college-teaching...
by 22twain
Sun May 13, 2018 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Are bonds really needed - why not 100% stocks?
Replies: 71
Views: 5352

Re: Are bonds really needed - why not 100% stocks?

I should not have worded it like that. I should have said that bonds earn significantly less than bonds over a period of time. That sounds tricky. How does that work? ;-) Am I incorrect in saying that bonds tend to under perform equities? Read your first quote again, carefully! :wink: (It's easy to...
by 22twain
Sat May 12, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Is it ok to use ETFs in a Roth IRA?
Replies: 12
Views: 842

Re: Is it ok to use ETFs in a Roth IRA?

My Roth is completely in Vanguard Total Stock Market Index ETF (VTI), except for $9.70 in cash left over from my most recent purchase because one can't buy fractional shares of an ETF. But it's such a small fraction of the total that I don't lose sleep over it.
by 22twain
Wed May 09, 2018 5:31 pm
Forum: Investing - Theory, News & General
Topic: 100% Stock Portfolio?
Replies: 148
Views: 15610

Re: 100% Stock Portfolio?

What are 5% rebalance bands? Is it hard to do this consistently. https://www.bogleheads.org/wiki/Rebalancing: When asset classes deviate from their target by a certain absolute percentage. For example, if your target asset allocation is 60% equities and 40% fixed income and your (absolute) rebalanc...
by 22twain
Tue May 08, 2018 12:14 am
Forum: Investing - Help with Personal Investments
Topic: Trying to understand inflation
Replies: 16
Views: 1064

Re: Trying to understand inflation

I do all my retirement planning in current non inflation adjusted numbers. You only have to guess what the future "real" rate of return on your investments will be without inflation. And every few years, adjust your savings target upwards according to the inflation that has actually occurred during...
by 22twain
Mon May 07, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Why the shift away from the S&P?
Replies: 32
Views: 3963

Re: Why the shift away from the S&P?

Here's a Morningstar growth chart that compares VTSMX (Vanguard Total Stock Market Index, blue) with VFINX (Vanguard S&P 500 Index, yellow), both with dividends reinvested, since 1992. VFINX was ahead in the late 1990s and early 2000s, and VTSMX had been ahead by a hair since the early 2010s. http:/...
by 22twain
Sun May 06, 2018 8:59 pm
Forum: Personal Consumer Issues
Topic: Anyone from Dayton,OH area-?'s
Replies: 21
Views: 1311

Re: Anyone from Dayton,OH area-?'s

I would agree that she would not need snow tires or AWD in the Dayton area. HOWEVER, I would strongly recommend that she has good tires with plenty of tread depth for the few days that there is snow. IAWTP. (I agree with this post, for those who haven't seen this particular acronym before.) I grew ...
by 22twain
Sun May 06, 2018 5:50 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 16910

Re: What Percentage CASH are you?

This was last August: Folding green stuff: 0.02% Checking accounts: 1.25% Brokerage settlement fund (money market): 0.22% CD: 3.70% The CD matured a few days ago, and I deposited the proceeds in a checking account. Right now I have: Folding green stuff: 0.003% (I need to visit the ATM tomorrow) Chec...
by 22twain
Sat May 05, 2018 6:27 am
Forum: Investing - Help with Personal Investments
Topic: Accumulating ETF - Additional Units or Increase in Price
Replies: 55
Views: 3181

Re: Accumulating ETF - Additional Units or Increase in Price

In the US, if the fund pays you dividends, you have to pay taxes on them, even if you reinvest them immediately. If the fund could reinvest the dividends internally, increasing the share price, you would not have to pay taxes until you sell shares of the fund. I say this hypothetically because in th...
by 22twain
Fri May 04, 2018 11:49 pm
Forum: Personal Consumer Issues
Topic: Family vacationing
Replies: 40
Views: 3724

Re: Family vacationing

Consider taking the train from the nearest station to Chicago or St Louis or Atlanta He's north of Boston so the train from the nearest station probably takes him to North Station. Then he has to schlep his wife, kids and bags via the T or taxi to South Station where trains to the rest of the count...
by 22twain
Wed May 02, 2018 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Bond Market vs TIAA Traditional
Replies: 14
Views: 2325

Re: Vanguard Total Bond Market vs TIAA Traditional

That depends on the version of Traditional. Some of them require you to lock up the money for years, and other versions are totally liquid with the caveat that if you switch out and back in within 120 days, you get the older rate. A common pattern is that your employer's contributions go into the "...
by 22twain
Wed May 02, 2018 4:51 pm
Forum: Investing - Theory, News & General
Topic: Value tilted S&P 500 fund for dividend?
Replies: 45
Views: 2133

Re: Value tilted S&P 500 fund for dividend?

nisiprius wrote:
Wed May 02, 2018 4:13 pm
They made the same amount of money, overall.
Before taxes, of course. After taxes, they come out different because people usually have to pay income tax on dividends even if they're reinvested immediately.
by 22twain
Wed May 02, 2018 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Ally asking CURRENT customer to provide SSN card?
Replies: 58
Views: 4091

Re: Ally asking CURRENT customer to provide SSN card?

I doubt I could find my card in 24 hours. That made me wonder how long it would take to find my card. I haven't used it probably since I started my last job more than thirty years ago. Fortunately it was in the first place I thought to look, the "Social Security" folder in my fililng cabinet, where...
by 22twain
Tue May 01, 2018 11:23 am
Forum: Personal Consumer Issues
Topic: Asheville, NC Visit
Replies: 20
Views: 1848

Re: Asheville, NC Visit

If you have a car, enough time (about a half day) and decent weather, you can drive northeast along the Blue Ridge Parkway to the highest point east of the Mississippi, the top of Mt. Mitchell, with a stop at Craggy Gardens along the way.
by 22twain
Sun Apr 29, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Staged Retirement
Replies: 12
Views: 2007

Re: Staged Retirement

We snowbirded in Florida a few times for 3 months at a time thus having an opportunity to test drive a new area. Liked it so much that we decided to sell our HCL home and moved here permanently.... That's sort of what my parents did, although it was to escape a relatively high-snow area, not a HCOL...
by 22twain
Sun Apr 29, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: How do you fund spending in retirement
Replies: 26
Views: 3115

Re: How do you fund spending in retirement

I transfer money at the end of the month from my taxable investment account's money market fund to my checking account. It's normally the same amount each month, a bit more than necessary to keep the level of my checking account roughly constant under normal expenses. I keep a few months' worth in t...
by 22twain
Sun Apr 29, 2018 11:11 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Guaranteed Annuity
Replies: 83
Views: 3525

Re: Vanguard Guaranteed Annuity

As for the CREF "Variable Annuities", try to consider these more like regular "mutual funds" UNTIL such a time as they are annuitized. And the TIAA Traditional account can be considered as sort of like a savings account with a slowly varying interest rate (but with a guaranteed minimum rate) until ...
by 22twain
Sun Apr 29, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Guaranteed Annuity
Replies: 83
Views: 3525

Re: Vanguard Guaranteed Annuity

So you get a paycheck for the rest of your life but the rate is guaranteed only for 10 years? No. The 10-year guarantee means that if you die less than 10 years after you start the paychecks, they will continue to your spouse until the 10-year mark is reached. This provides some financial protectio...
by 22twain
Sun Apr 29, 2018 2:31 am
Forum: Personal Consumer Issues
Topic: Family vacationing
Replies: 40
Views: 3724

Re: Family vacationing

Driving with stops on the way is going to be much less expensive and more interesting than flying somewhere. Used to be pretty standard for family vacations back when flights were relatively expensive. That's the way it was when I was a kid in the Midwest. Most of our vacation trips were road trips...
by 22twain
Sat Apr 28, 2018 7:25 am
Forum: Personal Consumer Issues
Topic: How can I get a passport?
Replies: 64
Views: 5758

Re: How can I get a passport?

I'm about to renew my nearly 15-year-old passport My understanding is that your 15-year-old passport expired five years ago. I'm assuming you didn't venture outside the US the last five years... :-) Yep. The last time we were abroad was a trip to Europe in '09. Then we had a long, somewhat weird tr...
by 22twain
Sat Apr 28, 2018 6:34 am
Forum: Investing - Help with Personal Investments
Topic: What is the best case scenario of "settling" for a late entrant?
Replies: 23
Views: 1842

Re: What is the best case scenario of "settling" for a late entrant?

My wife and I, both 38, are recent immigrants to the United States - have around 300K saved up in cash, stocks, etc - moved in 2016. Currently I am making 150K with a very niche tech job, wife doesn't have a college degree or gainful employment but might start a small business in the coming time.We...
by 22twain
Fri Apr 27, 2018 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Retired Parents
Replies: 13
Views: 1572

Re: Help with Retired Parents

Mr.BB wrote:
Fri Apr 27, 2018 2:17 pm
The big question is what is their monthly expenses?
+1

It makes a big difference whether SS covers their normal expenses and they need to draw from savings only occasionally for additional stuff, or they're burning through their savings at an unsustainable rate.
by 22twain
Fri Apr 27, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 97
Views: 11360

Re: New retirees: so whatdayathink ?

My transition to retirement a year and some months ago was probably different than for most people here because I was a college professor, so I was used to dealing with large blocks of unstructured time during the summer. Also, my last day at work was the end of fall semester, so I first entered wha...
by 22twain
Fri Apr 27, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: Is there any way around short term capital gains taxes?
Replies: 24
Views: 1818

Re: Is there any way around short term capital gains taxes?

Note that index funds such as a total stock market index fund or an S&P500 index fund normally distribute very little capital gains if any. They don't tinker with their individual stock positions in order to "beat the market" because they aim merely to "match the market." If they're not losing inves...
by 22twain
Thu Apr 26, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: More aggressive portfolio with a pension?
Replies: 42
Views: 3692

Re: More aggressive portfolio with a pension?

dbr wrote:
Thu Apr 26, 2018 9:16 am
But the process starts by considering your objectives in investing in the first place.
In other words... suppose a higher allocation to stocks does lead to more money in the end (which is not guaranteed, of course). What would you do with it?
by 22twain
Thu Apr 26, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: How can I get a passport?
Replies: 64
Views: 5758

Re: How can I get a passport?

22twain wrote:
Tue Apr 10, 2018 1:32 am
Now, let's see how long it takes for the new passport to arrive...
The passport book arrived yesterday, 16 days after I submitted the application at the post office. The passport card and the old passport are supposed to come in separate mailings.
by 22twain
Thu Apr 26, 2018 3:47 am
Forum: Investing - Theory, News & General
Topic: What happened to the Dow Jones between 1966-1982?
Replies: 72
Views: 4481

Re: What happened to the Dow Jones between 1966-1982?

I first started investing for retirement in 1984, in a TIAA-CREF 403(b) plan at my first college-teaching job after graduate school. All through high school, college and grad school, there had been little good news in the stock market. Is it any wonder that I allocated my contributions 50/50 between...
by 22twain
Wed Apr 25, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: How far I am behind in retirement savings?
Replies: 52
Views: 4670

Re: How far I am behind in retirement savings?

For Social Security, it can make a big difference whether your $111K income is yours alone, or is split between the two of you. SS benefits increase more slowly as your total earnings (as individuals) increase. Sort of the opposite of the way income taxes increase faster as your earnings increase. T...
by 22twain
Wed Apr 25, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: New 34, Bogle convert wanting to make sure I don’t screw up 401k
Replies: 13
Views: 1129

Re: New 34, Bogle convert wanting to make sure I don’t screw up 401k

I know I am supposed to trust in the index fund, low fee, own as much of the market as possible, but does that mean I go with a stock index and a bond index and leave it alone? That's one way. Or diversify further? Many people also include an international stock index fund, unless the stock index f...
by 22twain
Tue Apr 24, 2018 6:55 am
Forum: Investing - Help with Personal Investments
Topic: Calculating Average Share Price - account for previous sales?
Replies: 4
Views: 402

Re: Calculating Average Share Price - account for previous sales?

I've started investing into a portfolio of ETFs [...] calculating the average cost per share so I can work out my gains if/when I sell shares and report my taxes correctly. As far as I know, "average cost basis" applies only to traditional mutual funds. With ETFs, as with individual stocks, you alw...
by 22twain
Tue Apr 24, 2018 6:41 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest
Replies: 4
Views: 595

Re: Where to invest

Welcome to Bogleheads! :D Since you mention the TSP you might have a federal job which I suppose is likely to be fairly secure. In that case I'd invest all of the $500K except for maybe 6 months worth of expenses. Some people prefer more in cash, some prefer less. It's a matter of personal preferenc...
by 22twain
Mon Apr 23, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Lawyers: Career Advice (Urban to Rural?)
Replies: 21
Views: 2106

Re: Lawyers: Career Advice (Urban to Rural?)

In small towns you might have a historic center with a few blocks of old buildings close together and a sidewalk, but it will probably be hollowed out by the strip malls and big-box store plazas along the highway on the outskirts of town. Expect to spend a lot of time driving at high speed on roads...
by 22twain
Mon Apr 23, 2018 6:37 am
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 12307

Re: How Far is too Far, Commuting?

My longest commute ever was about 2.5 miles each way, to my high school years ago. In the morning I car-pooled with some other kids in the neighborhood. In the afternoon I usually walked home, but sometimes I splurged on city bus fare. For undergraduate, I went to a small college in a tiny town. Cla...
by 22twain
Sun Apr 22, 2018 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Planning for Health Care Costs
Replies: 22
Views: 2157

Re: Retirement Planning for Health Care Costs

Kalaloch wrote:
Sat Apr 21, 2018 10:18 pm
$12,000/year
Medicare premiums alone for one of us, in a VLCOL area, are at least $3,000 per year, including Part B and D supplements. Double that to $6,000 for two, and that's half your figure already.
by 22twain
Wed Apr 18, 2018 8:55 am
Forum: Investing - Theory, News & General
Topic: Theoretical question. What would happen if 100% of investors are buy and hold.
Replies: 19
Views: 2202

Re: Theoretical question. What would happen if 100% of investors are buy and hold.

This forum has had many discussions about this. Here's a sample, from the first page of the search results that I got by entering "what if everyone indexed" in the search box at the top of this forum. https://www.bogleheads.org/forum/viewtopic.php?t=218396 https://www.bogleheads.org/forum/viewtopic....