Search found 1463 matches

by 22twain
Tue Sep 18, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 71
Views: 5667

Re: Is there such thing as saving TOO much?

So Far this year, I've saved roughly 26k...and I've made about 38k... Extrapolating to a full year gives earnings of about $57K, savings of about $39K, and expenses of about $18K. Some people seem to have trouble believing this. My wife and I, now mostly retired, in a paid-off house, spent a total ...
by 22twain
Sun Sep 16, 2018 3:04 am
Forum: Personal Consumer Issues
Topic: How to start a website?
Replies: 12
Views: 1191

Re: How to start a website?

- How to steer clear of copyright issues? On your server, store only content that: You have created yourself, or You have paid someone else to create for you, or The creator has given you permission to post a copy on your site, or The creator has released it into the public domain, via a public sta...
by 22twain
Sat Sep 15, 2018 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3806

Re: The Boglehead is anti-entrepreneur?

I've heard Zuck took enough cards off the table in the first few years to make sure that he would never go hungry. Zuckerberg has 98% of his wealth in FB. If you believe having 98% of your investments in a single stock qualifies as diversified, I don't think you understand what the term means. 2% o...
by 22twain
Sat Sep 15, 2018 6:01 pm
Forum: Investing - Theory, News & General
Topic: DOW [Closing price on Sep 14, 2018]
Replies: 15
Views: 2599

Re: DOW [Closing price on Sep 14, 2018]

Why the Dow? It's been lagging broader-market indexes this year.

S&P 500: from about 2696 to about 2905 (about +7.8%).

Vanguard Total Stock Market ETF (VTI): from $138.22 to $150.28 (about +8.7%).
by 22twain
Thu Sep 13, 2018 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA questions [GRA (Group Retirement Annuity) payout options]
Replies: 6
Views: 499

Re: TIAA questions

In the ORP, I have access to the GRA version of Traditional with 4% guarnteed. Are you sure that's the guaranteed minimum, rather than what it happens to be paying right now? I'd expect the guarantee to be something like 3.25% for a GRA or RA contract. I know this is not liquid. My question is this...
by 22twain
Thu Sep 13, 2018 5:47 am
Forum: Investing - Help with Personal Investments
Topic: What do I do with my investments during a downturn/recession?
Replies: 24
Views: 2718

Re: What do I do with my investments during a downturn/recession?

ddurrett896 wrote:
Wed Sep 12, 2018 6:51 pm
Continue doing what you do today.
+1

During 2008-09 (my mid 50s) I kept on contributing to my 403B plan as I had been doing since the mid 1980s: 50% stock, 50% stable-value fund, without rebalancing. (This was before I found Bogleheads and learned about rebalancing.)
by 22twain
Wed Sep 12, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA: Help with Payout Options
Replies: 24
Views: 1624

Re: TIAA: Help with Payout Options

we'll simply take RMDs from TIAA and re-invest them in our taxable accounts. This is an interesting strategy. So you will take the RMD from TIAA and re-invest in an IRA or a Roth? No, that money has to go into an ordinary taxable account. RMDs can't be rolled over to a traditional or Roth IRA. Afte...
by 22twain
Tue Sep 11, 2018 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA: Help with Payout Options
Replies: 24
Views: 1624

Re: TIAA: Help with Payout Options

I'm 66 [...] I now need to decide how to take my TIAA payout Why now? As far as I know, there's nothing special about age 66 as far as TIAA is concerned. Both of you are still working. Do you need the annuity payments to help cover current living expenses? My wife and I have enough saved up outside...
by 22twain
Tue Sep 11, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: RMD will turn 70 in Nov. 2018
Replies: 22
Views: 1710

Re: RMD will turn 70 in Nov. 2018

To be more specific, as I understand it: Ex: RMD is 15K. 1)You take 10K QCD and then 5K additional withdrawals. You have satisfied the RMD and withdrawn 15K total. 2)You take 5K withdrawal and then 10K QCD. You have satisfied the RMD and withdrawn 15K total. In both of these cases you pay tax on 5K....
by 22twain
Tue Sep 11, 2018 7:22 am
Forum: Forum Issues and Administration
Topic: Posting spreadsheets?
Replies: 5
Views: 785

Re: Posting spreadsheets?

As I recall a google spreadsheet link leaks personal info. You're right, although it took me a while to verify this. I created a test spreadsheet in Google Docs, shared it to "anyone with the link", copied the link, and then signed out of that Google account. The link itself doesn't contain any per...
by 22twain
Sun Sep 09, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Low pay and low stress jobs with health benefit
Replies: 41
Views: 5515

Re: Low pay and low stress jobs with health benefit

school cleric jobs Just FYI, I think you mean "clerk" rather than "cleric", which is a minister, pastor, priest, rabbi, imam, etc. :wink: some of the office staff admin jobs are year round and don’t get ‘summers off’ like the teachers. I suspect a big factor here is whether the job is in the school...
by 22twain
Sat Sep 08, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Building a web site-how to, costs?
Replies: 13
Views: 734

Re: Building a web site-how to, costs?

I have not done any coding since using Basic on a TRS-80 With WordPress (and Blogger for that matter) you don't need to "code" in the traditional sense using HTML, CSS etc. You use menus and forms organized around a "dashboard" to add pages, link them to menus, set options, etc. You add content to ...
by 22twain
Sat Sep 08, 2018 6:29 am
Forum: Personal Consumer Issues
Topic: Building a web site-how to, costs?
Replies: 13
Views: 734

Re: Building a web site-how to, costs?

Lots of sites are built in WordPress without using the typical "blog" structure of a linear sequence of posts. They set up pages with comments turned off, that are organized under the top-level menu and submenus, and possibly linked to each other directly as appropriate. There can be a section set u...
by 22twain
Tue Sep 04, 2018 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: 403b vs Traditional IRA
Replies: 23
Views: 1126

Re: 403b vs Traditional IRA

You were mentioning in this thread: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=253207 that you have a lot of money, 7-figures, saved in taxable accounts. You should use some of that to pay off any debt, and maximize your tax-advantaged (403b+401k) space as much as possible. If you have th...
by 22twain
Mon Sep 03, 2018 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Tax Deductions
Replies: 46
Views: 3425

Re: Charitable Tax Deductions

neilpilot wrote:
Mon Sep 03, 2018 9:27 pm
My cost of charity this year has effectively increased significantly.
Has the total of your taxes plus charitable contributions increased or decreased?
by 22twain
Mon Sep 03, 2018 10:08 pm
Forum: Investing - Theory, News & General
Topic: First Time Poster: Are Rental Properties Worthwhile?
Replies: 17
Views: 2232

Re: First Time Poster: Are Rental Properties Worthwhile?

Rental properties are a fairly regularly discussed topic on this forum, even though the main focus here is on index mutual funds and ETFs. We do have some people here who are really "into" rentals. Enter "rental properties" in the search box at the top right of the page and you'll get plenty of read...
by 22twain
Mon Sep 03, 2018 5:27 am
Forum: Investing - Help with Personal Investments
Topic: Investment advice for recently retired
Replies: 10
Views: 1199

Re: Investment advice for recently retired

I need to generate about 70K of income annually from these retirement accounts. Is this only before you start to collect Social Security? If so, you won't need to withdraw as much after SS starts. Do you have an estimate for how much SS you'll get? I don't know about selecting individual income ass...
by 22twain
Sat Sep 01, 2018 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: Complete Beginner Advice
Replies: 26
Views: 2040

Re: Complete Beginner Advice

So put $5500 in a Vanguard Roth IRA and the other $14,500 in my taxable account? So I could put the remaining $14,500 towards my employer's 401k? Would that be the wisest option? Oops, I forgot about the 401K. Yes, put the extra money in the 401K instead. Work up to contributing the maximum to the ...
by 22twain
Sat Sep 01, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Complete Beginner Advice
Replies: 26
Views: 2040

Re: Complete Beginner Advice

Put what you can (i.e. up to the annual limit) into a Roth IRA, put the rest into an ordinary (taxable) account.
by 22twain
Sat Sep 01, 2018 5:02 am
Forum: Investing - Help with Personal Investments
Topic: Suddenly disabled but need to invest
Replies: 17
Views: 1837

Re: Suddenly disabled but need to invest

One question that was asked was how much income is needed. I find that question a little puzzling because I assume that most people want to get as much as they can from their investments given their personal risk tolerance. Of course! The real question which is usually implied here is how much do y...
by 22twain
Fri Aug 31, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Complete Beginner Advice
Replies: 26
Views: 2040

Re: Complete Beginner Advice

Can we agree to limit to 6-months, while the starter learns the better approach? According to: https://institutional.vanguard.com/VGApp/iip/site/institutional/investments/productoverview?fundId=0699 Vanguard's target date 2050 fund currently has a 90% allocation to stock, and will maintain that all...
by 22twain
Sun Aug 26, 2018 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21441

Re: Decent compensation to move to Bay Area CA?

90 miles away? You might be living closer to Raleigh then to CLT :D Actually I come in from the opposite direction, "south of the border" so to speak. :wink: I live in a southern suburb. OK, that's the part of town I'm best acquainted with. I can tell it must be pretty bad in weekday rush hours, ei...
by 22twain
Sat Aug 25, 2018 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21441

Re: Decent compensation to move to Bay Area CA?

Just want to add $0.02 about Charlotte. [...] If I need to come to the office (uptown) by 9, it takes 1.30-1.40 one way nowadays! Just out of curiosity, what part of the area do you live in? I live in a small town about 90 miles away and visit a few times a year. I take about 1:45 to 2:00 (includin...
by 22twain
Sat Aug 25, 2018 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Health care question - self employed- Whats your plan? Advice Needed
Replies: 18
Views: 1436

Re: Health care question - self employed- Whats your plan? Advice Needed

BCL78 wrote:
Sat Aug 25, 2018 6:04 pm
What plans are self employed using ? (We live in ca )
I've never had to deal with individual health insurance myself, but I understand that in some states at least, available plans and costs can vary from one area to another, maybe county by county. I don't know if that's true in California.
by 22twain
Wed Aug 22, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance—Advice Requested
Replies: 63
Views: 6819

Re: Inheritance—Advice Requested

I live on $25K/year My goal is to see my retirement assets reach $2.75 million in today’s dollars over the next 12-18 years. That’s more that 100 times your current expenses. Even after setting aside a generous amount ($1M?) for possible end-of-life care, it’s still a lot. On this forum, a common s...
by 22twain
Sun Aug 19, 2018 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: How do you pay for purchase of a vehicle in retirement?
Replies: 38
Views: 3940

Re: How do you pay for purchase of a vehicle in retirement?

You see the money in the pool... the money being added to the pool (pension, ss, RMDs, passive income streams, etc.)... Nit-pick: RMDs do not add money to the pool. They simply transfer money that you already have from one part of the pool to another, accompanied by payment of taxes which actually ...
by 22twain
Sat Aug 18, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: Capital Gains on an Index Fund
Replies: 25
Views: 1521

Re: Capital Gains on an Index Fund

Then how do Bogleheads re-balance every quarter if they potentially are looking at STCG hits by adjusting less than a year? I don't think most Bogleheads rebalance (by selling shares of one fund and buying shares in another one) every quarter. I think the most common regular interval is once per ye...
by 22twain
Mon Aug 13, 2018 10:09 pm
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 107
Views: 8048

Re: Retire in Florida or Alabama?

Silk McCue wrote:
Mon Aug 13, 2018 6:35 pm
Alabama has income tax and a 4% up to 5% sales tax.

https://www.tax-brackets.org/alabamataxtable

Florida has no income tax and a 6% up to 7% sales tax.

Cheers
What about property taxes?
by 22twain
Sun Aug 12, 2018 11:51 pm
Forum: Personal Consumer Issues
Topic: Joint checking accounts.
Replies: 26
Views: 2088

Re: Joint checking accounts.

We were both established professionals, and in our early 30s when we married. That may be part of why we went the three-pot route. To use the words of other posters, "works for us." :happy Similarly with us, except that we were in our mid/late 30s when we married. We’ve also always had similar inco...
by 22twain
Sat Aug 11, 2018 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Which is better? [Vanguard Total Stock Market (VTI) or Total World (VT)?]
Replies: 29
Views: 2508

Re: Which is better?

mega317 wrote:
Sat Aug 11, 2018 11:25 pm
"Better" is not a useful word.
Bingo. You (the original poster) needs to define what “better” means for you.
by 22twain
Sat Aug 11, 2018 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: 32 yrs old, lost, and needing guidance
Replies: 29
Views: 2751

Re: 32M lost and needing guidance

arcticpineapplecorp. wrote:
Sat Aug 11, 2018 9:46 pm
I clicked on your post because I thought you were saying you "lost 32 Million dollars" and you need guidance.
+1
by 22twain
Tue Aug 07, 2018 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: Options to invest $80,000 now, but might need to access some of it periodically when I retire in 3-5 years
Replies: 7
Views: 1022

Re: Options to invest $80,000 now, but might need to access some of it periodically when I retire in 3-5 years

Do you have any experience in dealing with financial accounts online? If you have an investment account at Vanguard, Fidelity, et al., and link it to your checking account, you can sell some of your investments and have the proceeds in your checking account in a day or two.
by 22twain
Tue Aug 07, 2018 10:23 pm
Forum: Investing - Theory, News & General
Topic: Age Demographics of Passive Investing
Replies: 5
Views: 1317

Re: Age Demographics of Passive Investing

I forget the age, but at some point the govt requires you to withdraw a certain percentage of your tax-advantaged accounts. As the middle of the age bell curve approaches the RMD age, then the volume of sales will increase beyond what the market “wants”. However, the government does not require you...
by 22twain
Sun Aug 05, 2018 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Why international?
Replies: 26
Views: 2230

Re: Why international?

Why then is international diversification touted by all the financial advisers and also on Bogleheads? Tip: Enter "why international" in the search box at the top right of this page. Even though it says "Google..." the search is restricted to this site only. You'll find that this question comes up ...
by 22twain
Sun Aug 05, 2018 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Stay with VFIFX, or switch to VBTLX for IRA?
Replies: 6
Views: 757

Re: Stay with VFIFX, or switch to VBTLX for IRA?

chabeligian wrote:
Sun Aug 05, 2018 8:40 am
If I am now splitting that up into three traditional IRAs (VTSAX/VTIAX/VBTLX)
You shouldn't need three separate IRAs to hold three funds.
by 22twain
Sun Aug 05, 2018 6:55 am
Forum: Personal Consumer Issues
Topic: Minivan Vs SUV Experience
Replies: 111
Views: 7431

Re: Minivan Vs SUV Experience

I don't like what I think of as monster cars. They're bad for the environment, about which the latest is we're past the tipping point of ever getting back to normal, the question now is, will the planet become uninhabitable completely, they're conspicuous consumption, wasteful of resources, their d...
by 22twain
Sat Aug 04, 2018 8:49 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 503
Views: 53268

Re: Poll: At what age did you hit $500k Net Worth

tesuzuki2002 wrote:
Fri Aug 03, 2018 3:57 pm
How much was organically generated?
You mean fertilized with horse manure or BS or something? :wink:
by 22twain
Sat Aug 04, 2018 8:16 am
Forum: Investing - Help with Personal Investments
Topic: QM in front of mutual fund
Replies: 5
Views: 278

Re: QM in front of mutual fund

Where did you see this?

I don't remember ever seeing "QM" in connection with a mutual fund.
by 22twain
Fri Aug 03, 2018 9:07 pm
Forum: Investing - Theory, News & General
Topic: Question re fee revision with TIAA 403b at R1
Replies: 3
Views: 207

Re: Question re fee revision with TIAA 403b at R1

It’s not just for R1. CREF Stock in my R2 plan has dropped from 0.46% to 0.37% IIRC.
by 22twain
Fri Aug 03, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Realities of Early Retirement Model (FIRE)?
Replies: 96
Views: 9822

Re: Realities of Early Retirement Model (FIRE)?

I keep referring to Justin at www.rootofgood.com because he has shown that one can spend $30k-$40k annually on a family of five and still live a very good life, touring Europe, taking regular cruises, and enjoying the outdoors. This post illustrates how they do so. I was amused to see that their to...
by 22twain
Thu Aug 02, 2018 11:33 pm
Forum: Personal Consumer Issues
Topic: Gated communities pros and cons? (Atlanta or anywhere.)
Replies: 67
Views: 4434

Re: Gated communities pros and cons? (Atlanta or anywhere.)

So is the problem with the HOA mainly the fees and assessments? (Sorry, I will google this too. But thanks for any comments here. I always feel I get the best, most honest scoop from Bogleheads.) I don't think he meant keep it off Bogleheads. If you enter "HOA" in the search box (where it says "Goo...
by 22twain
Thu Aug 02, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Small Retirement Portfolio—Advice Requested
Replies: 20
Views: 2070

Re: Small Retirement Portfolio—Advice Requested

[I don't think I'm doing copy-and-respond right ... I will try to figure it out for next time.] Click the button with the quote mark at the top right of the post. That gives you the entire post between "quote" tags. Delete the parts that are not directly relevant to your reply. Don't delete either ...
by 22twain
Thu Aug 02, 2018 6:26 am
Forum: Investing - Help with Personal Investments
Topic: Beginner investor seeking advice
Replies: 28
Views: 1760

Re: Beginner investor seeking advice

I have a decent amount of spare time and like doing research and honing skills that help give me an advantage and expertise Create a pretty portfolio. One that would make people go 'damn, that's one hell of a stock portfolio, brah" How you can be my hero for a day (and maybe even tomorrow, too!): A...
by 22twain
Mon Jul 30, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Consistently over budget on food - what are you guys eating?
Replies: 70
Views: 6043

Re: Consistently over budget on food - what are you guys eating?

my wife often times will go out and spend $25-$30 with her sisters at a restaurant a night out with friends where we went to dinner and spent $160 between the two of us and then I ended up covering a round of drinks after dinner ($90) You might consider separating these sorts of expenses into a sep...
by 22twain
Sun Jul 29, 2018 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: How much emergency cash when retired?
Replies: 24
Views: 1708

Re: How much emergency cash when retired?

cbr wrote:
Sun Jul 29, 2018 6:21 pm
why wouldn't you tie up %80 of assets in a home?
What if the housing market collapses again like it did in 2006?

My mother sold her apartment in south Florida in 2005 to move into a retirement facility. If she had waited another year, she would have gotten a lot less for it.
by 22twain
Sun Jul 29, 2018 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Soc Sec benefit estimates: Anyone get a nasty surprise when filing?
Replies: 61
Views: 7916

Re: Soc Sec benefit estimates: Anyone get a nasty surprise when filing?

I turned 60 in 2017, I am waiting for the 2017 AWI to be published in a few months, then I can calculate my actual PIA (I made a spreadsheet following the SS regulations). After the AWI is announced, the only thing that can change my PIA is additional years of work that are higher (after wage infla...
by 22twain
Sat Jul 28, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Assisted Living Expenses
Replies: 30
Views: 2150

Re: Assisted Living Expenses

"Assisted living" can mean lots of things, but generally it's nowhere near $9k a month. Generally, it refers to the kind of facilities that are like living in a hotel where they come clean your room periodically and provide a meal or two a day. My understanding of "assisted living" is that you rece...
by 22twain
Sat Jul 28, 2018 12:53 am
Forum: Personal Consumer Issues
Topic: Road trip Des Moines to Omaha to Kansas City
Replies: 39
Views: 2183

Re: Road trip Des Moines to Omaha to Kansas City

If you're at all interested in trains, look into the Boone & Scenic Valley Railroad in Boone (northwest of Des Moines and west of Ames). It has steam- and diesel-powered excursions that include a high bridge across the Des Moines River, and short trips (about a half mile) inside Boone on a restored ...
by 22twain
Fri Jul 27, 2018 6:46 am
Forum: Investing - Help with Personal Investments
Topic: keep cash in after-tax for bridge to Social Security ?
Replies: 32
Views: 2804

Re: keep cash in after-tax for bridge to Social Security ?

If I move the cash & CDs to tax-deferred and tax-advantaged, I'd do it by selling the small amounts of equity I have there and rebuying it with in after-tax with that cash. But then I can't use that cash for the 4 year bridge till I start SS and T-C annuity, without taking a distribution from eithe...