Search found 1211 matches

by 22twain
Wed Feb 14, 2018 9:27 am
Forum: Investing - Theory, News & General
Topic: How many of you use the "4% rule" during retirement?
Replies: 40
Views: 4871

How many of you use the "4% rule" during retirement?

To be clear, I'm referring to withdrawing 4% of your portfolio during the first year, then in the following years increasing the dollar amount according to the inflation rate. When it's mentioned as a rule of thumb for starting to answer "when can we retire?" questions, the discussion often turns to...
by 22twain
Tue Feb 13, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 69
Views: 5522

Re: What if you only live off dividends?

I don't think its the worst idea in the world, and its an approach that was more commonly used 30 years ago when yields were higher and dividends were more common. And when selling shares of stock was more inconvenient (you had to call up your "guy" and ask him to do it, maybe only in "round lots" ...
by 22twain
Tue Feb 13, 2018 2:22 am
Forum: Investing - Help with Personal Investments
Topic: rmd disaster
Replies: 23
Views: 2499

Re: rmd disaster

Have you received the first annuity payment yet?
by 22twain
Sat Feb 10, 2018 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA/CREF questions
Replies: 6
Views: 688

Re: TIAA/CREF questions

She can also take RMDs beginning at age 70, either by withdrawing the required amount "manually" every year, or via a contract that TIAA calls an "MDO" (minimum distribution option).
by 22twain
Sat Feb 10, 2018 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody hit their rebalance bands?
Replies: 20
Views: 1176

Re: Anybody hit their rebalance bands?

My target for stock is currently 46%, with a ±5% rebalancing band. A couple of weeks ago I hit the top of the band (51%) and figured I'd better rebalance soon. Then the market dropped. Now I'm at 49.5%. Assuming bonds stay flat, stocks will have to drop about another 29% before I hit the bottom of t...
by 22twain
Thu Feb 08, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 148
Views: 36562

Re: Average amount saved for retirement by age

Portfolio7 wrote:
Thu Feb 08, 2018 12:45 pm
I have looked at: UAW/PAW/AAW (We're about 85% of PAW),
Eh, what? :confused
by 22twain
Thu Feb 08, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: ETF. What and how do you use them?
Replies: 35
Views: 1462

Re: ETF. What and how do you use them?

I see the strategy for example as to get 3 funds strategy and hold it for the long term. I understand you can do this with ETFs, That's exactly what I do. The only reason I hold Vanguard's Total Stock Market, Total International Stock Market and Total Bond Market funds as ETFs instead of as mutual ...
by 22twain
Tue Feb 06, 2018 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving HCOL state for financial reasons
Replies: 48
Views: 4827

Re: Leaving HCOL state for financial reasons

Also maybe the Carolinas. Texas and Florida - especially when you consider there are no state or local taxes. I don't know about NC, but SC definitely has state taxes. Income tax hits the top 7% bracket above about $15K of income, and sales tax is 6-7% depending on the county. Property tax is usual...
by 22twain
Tue Feb 06, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5574
Views: 1260838

Re: U.S. stocks in freefall

What freefall? This graph shows the CREF Stock accumulation in my TIAA 403(b) plan. To reduce noise, data points are at the end of each quarter except for the last one which is Monday's value. Therefore it ignores the run-up during January. On a quarter-by-quarter basis, we're (so far) nowhere near ...
by 22twain
Mon Feb 05, 2018 10:56 pm
Forum: Investing - Theory, News & General
Topic: Young vs Middle Aged?
Replies: 32
Views: 2858

Re: Young vs Middle Aged?

longfellowkc wrote:
Mon Feb 05, 2018 4:45 pm
I saw a thread on this from 2012
The age boundaries have all risen six years since then. :wink:

More seriously, how is this thread actionable in terms of personal finances or investing?
by 22twain
Sun Feb 04, 2018 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 Index still seen at 3000+ by year-end?
Replies: 19
Views: 1560

Re: S&P 500 Index still seen at 3000+ by year-end?

LiveSimple wrote:
Sun Feb 04, 2018 3:24 pm
3212.34
My guess is 3141.59. :beer
by 22twain
Sun Feb 04, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: CD coming due, need advice
Replies: 6
Views: 1056

Re: CD coming due, need advice

According to your other posts, you plan to retire in about 15 years. That's far enough in the future that I would not freak out over the prospect of a temporary decline of a few % in the share price of your bond fund(s). They will probably be more than made up for by reinvesting the increasing divid...
by 22twain
Sat Feb 03, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Bonds - Am I missing something
Replies: 84
Views: 5547

Re: Bonds - Am I missing something

Why a bond fund vs a CD? I thought CDs were essentially guaranteed returns (with restrictions, but locked in returns) Enter "bonds versus cds" in the search box at the top of the page. This topic comes up a few times a month. Shortly after entering retirement, my "bond" allocation is about 50%. Abo...
by 22twain
Sat Feb 03, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Do you live on a budget?
Replies: 65
Views: 3348

Re: Do you live on a budget?

I have never lived on a budget and being recently retired I don't even try. We spend far less than any SWR theory would allow. Same with us. The only thing we've ever "budgeted" for in the sense of setting an amount in advance, is contributions to our retirement plans (403b). While we were still wo...
by 22twain
Fri Feb 02, 2018 8:50 am
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 91
Views: 5149

Re: Fewer acronyms please

Miriam2 wrote:
Thu Feb 01, 2018 9:02 pm
To quote 53timr -
I AG REE WIT DIS
Or as we say on another forum that I hang on: IAWTP

(I Agree With This Post)
by 22twain
Fri Feb 02, 2018 1:06 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation inclusion question
Replies: 10
Views: 451

Re: Asset allocation inclusion question

Live wrote:
Thu Feb 01, 2018 4:43 pm
1. Consider stock allocation as a percentage of my investment accounts and include home equity as an investment--lowest stock %?
Would you sell your house if necessary for portfolio-management reasons?
by 22twain
Tue Jan 30, 2018 12:30 am
Forum: Investing - Help with Personal Investments
Topic: Why would I buy Bonds now?
Replies: 33
Views: 8073

Re: Why would I buy Bonds now?

22twain wrote:
Mon Jan 29, 2018 10:03 pm
invstr2 wrote:
Thu Mar 02, 2017 2:22 am
Surely buying Bonds in a rising interest rate environment is doomed to losses?
Temporary losses. How long is it before you need the money?
Oh jeez, I got suckered into responding to a nearly year-old post. :oops: :annoyed
by 22twain
Mon Jan 29, 2018 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Why would I buy Bonds now?
Replies: 33
Views: 8073

Re: Why would I buy Bonds now?

invstr2 wrote:
Thu Mar 02, 2017 2:22 am
Surely buying Bonds in a rising interest rate environment is doomed to losses?
Temporary losses. How long is it before you need the money?
by 22twain
Mon Jan 29, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Data on average non-retirement savings
Replies: 5
Views: 773

Re: Data on average non-retirement savings

I suppose taxable could be intended for retirement, but outside of the very wealthy, I think that is probably a rare exception. A not-so rare exception is probably taxable accounts based on money received through inheritance. For me, at the beginning of retirement, this is about 1/4 of my total inv...
by 22twain
Fri Jan 26, 2018 1:30 am
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 23608

Re: 401k millionaires

I contributed to my TIAA 403(b) plan for 32.5 years. I was at the contribution limit for only the last 7 of those years. My contributions were always allocated 50% to CREF Stock and 50% to TIAA Tradtional (my "fixed income" component). I never rebalanced, so the actual % of stock has varied between ...
by 22twain
Sat Jan 20, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 169
Views: 31495

Re: What's your U.S. : International ratio?

I’m at 70:30 because my overwhelmingly dominant stock investment is the CREF Stock account in my 403b plan at TIAA. It has that ratio. I’ve never considered worth the trouble to change it by switching to separate funds for domestic and international.
by 22twain
Mon Jan 15, 2018 12:34 am
Forum: Investing - Help with Personal Investments
Topic: Investment Advice for $50K in Taxable Account
Replies: 13
Views: 1749

Re: Investment Advice for $50K in Taxable Account

What are the 401K's invested in? The usual philosophy here is to consider all your accounts together as a single portfolio. Decide on the percentage of stocks that you want, in the total portfolio. Then decide what fraction of the stocks you want to be international versus domestic. Then, ideally, y...
by 22twain
Sun Jan 14, 2018 10:43 am
Forum: Investing - Help with Personal Investments
Topic: VFAIX [Vanguard Financials Index]
Replies: 5
Views: 269

Re: VFAIX

Welcome to Bogleheads! Since you're new here, you probably haven't seen (yet) that we frown on posting "naked" ticker symbols, because then most people (who have memorized only the ones that they actually use often) have to look them up before having any idea what you're asking about. Anyway, I was ...
by 22twain
Thu Jan 11, 2018 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Mandatory IRA distributions. The IRS will take my money away!!
Replies: 29
Views: 2024

Re: Help with Mandatory IRA distributions. The IRS will take my money away!!

capgain22 wrote:
Thu Jan 11, 2018 5:26 pm
Am 65 and want to continue to work.
One way to reduce your taxable income at age 70+ would be to stop working for money. Note I didn't say simply "stop working." :wink:

(livesoft posted while I was writing this, but perhaps it adds something extra to think about.)
by 22twain
Wed Jan 10, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Sole beneficiary of a retirement plan built on stocks
Replies: 6
Views: 374

Re: Sole beneficiary of a retirement plan built on stocks

Right, I don't think there's any way to gift part of the plan balance while keeping it tax-deferred. You'd have to take a taxable distribution from the plan, and then gift the money. Unless it's a Roth IRA, in which case distributions are tax free.
by 22twain
Wed Jan 10, 2018 8:18 am
Forum: Investing - Theory, News & General
Topic: Running Maximum Withdrawal Percentage: Any data on this?
Replies: 26
Views: 1619

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

bigred77 wrote:
Wed Jan 10, 2018 8:04 am
You are looking for the SAFEMAX rate.

See here: https://retirementresearcher.com/willia ... s-safemax/

There are other articles that discuss it as well.
The graph in that article is not the exact one I saw, which was in the form of a bar graph not a line graph, but the concept is the same.
by 22twain
Wed Jan 10, 2018 8:01 am
Forum: Investing - Theory, News & General
Topic: Running Maximum Withdrawal Percentage: Any data on this?
Replies: 26
Views: 1619

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

I saw a graph of maximum withdrawal rate as a function of retirement year, just yesterday in one of the currently ongoing "does the 4% rule really work" / "do I have enough to retire" discussions, but I can't find it now. Maybe someone else remembers where it is...
by 22twain
Wed Jan 10, 2018 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Sole beneficiary of a retirement plan built on stocks
Replies: 6
Views: 374

Re: Sole beneficiary of a retirement plan built on stocks

This gives a good description, using numbers for 2017. https://www.thebalance.com/gift-tax-exclusion-annual-exclusion-vs-lifetime-exemption-3505656 For 2018, the annual gift tax exclusion is $15K and the lifetime exclusion is $5.6M. Double these for a married couple. Bottom line: if you give more th...
by 22twain
Mon Jan 08, 2018 12:15 pm
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8938

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

I think they should be allowed as long as the content of the post is of decent quality. For example the OP should give a little bit of history or context to why this is a significant event for them or what decisions they had to make to along the way and why they made those decisions. I agree. This ...
by 22twain
Sun Jan 07, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with RMD money
Replies: 18
Views: 1678

Re: What to do with RMD money

Has she ever dealt with her retirement accounts in a "hands-on" way by switching investments around or rebalancing them online or by some other means? Does she do any financial stuff online? If she always made her contributions in a "set it and forget it" fashion, and has not interacted with the acc...
by 22twain
Sat Jan 06, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Seeking advice on setting up retirement cash flow
Replies: 22
Views: 1865

Re: Seeking advice on setting up retirement cash flow

Would you maintain the 50/50 ratio in both the after tax accounts and the pretax accounts? No, I'd put as much of the bonds as possible in the pretax accounts, for tax efficiency. I guess you'd have to have some bonds in the after tax to protect from selling in a downturn. If you have only stocks i...
by 22twain
Thu Jan 04, 2018 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Market timing vs. Investing Gradually
Replies: 17
Views: 1072

Re: Market timing vs. Investing Gradually

I don't believe in retirement funding. Doesn't that mean the money will be stuck there til age of 65? No. The general rule is that you can freely access the money at age 59.5, not 65. There are ways to get at it earlier, with restrictions. (or 55 and retired if your employer's plan allows it) For e...
by 22twain
Thu Jan 04, 2018 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire now?
Replies: 50
Views: 6121

Re: Can I retire now?

My hunch is that at 44, you won't really "retire". You will quit that job and then after a nice break you'll find yourself doing something and that something will bring in some money. 44 is young. There is no way you will spend the next 51 years sipping umbrella drinks on the beach. With those thre...
by 22twain
Thu Jan 04, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: DOW breaks 25,000 for first time ever
Replies: 55
Views: 5630

Re: DOW breaks 25,000 for first time ever

I remember when it was at 10k for the longest time. I remember it first went over 1000, around the time I was in high school. Then it sagged for more than ten years, and didn't hit 1000 again (in by-then well-inflated dollars!) until around the time I finished graduate school and started my first "...
by 22twain
Tue Jan 02, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: My 2017 Budget
Replies: 35
Views: 4072

Re: My 2017 Budget

Marrried couple, one retired, one working part time; house paid off; VLCOL area. $37K total (measured mostly via net cash flow through checkbooks) [including] $1K income tax (low taxable income before starting SS and RMDs) $3K auto (two small cars: gas, insurance, one set of new tires, no loan paym...
by 22twain
Tue Jan 02, 2018 11:05 am
Forum: Personal Finance (Not Investing)
Topic: My 2017 Budget
Replies: 35
Views: 4072

Re: My 2017 Budget

Marrried couple, one retired, one working part time; house paid off; VLCOL area. $37K total (measured mostly via net cash flow through checkbooks) $6K home (utilities, insurance, prop tax, repairs) $5K food $5K medical (Medicare for one, employer for the other) $3K auto (two small cars: gas, insuran...
by 22twain
Tue Jan 02, 2018 12:52 am
Forum: Investing - Theory, News & General
Topic: Did everyone in the early 80s have their money in CDs?
Replies: 77
Views: 6287

Re: Did everyone in the early 80s have their money in CDs?

For a few years, during that period of peak interest rates, I used a money market fund for savings that I didn't need to have available quickly in a checking account. The interest rate peaked at 18% or maybe a bit more, IIRC.
by 22twain
Mon Jan 01, 2018 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: Can I contribute to both a Roth IRA and a solo 401k with the "same" income?
Replies: 21
Views: 975

Re: Can I contribute to both a Roth IRA and a solo 401k with the "same" income?

You can contribute to both an employer-sponsored 401k (or 403b) and an IRA, but the total contributions must not exceed your total compensation. I remember seeing it a few years ago in one of the IRS publications, probably 590. I'd be surprised if it were different with a self-employment 401k. As TG...
by 22twain
Mon Jan 01, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Proceeds from RE sale go where for retirement?
Replies: 11
Views: 707

Re: Proceeds from RE sale go where for retirement?

zz4 wrote:
Sun Dec 31, 2017 1:51 pm
New IRA contributions would only hold 12k max.
So one of you is over 50 ($6500) and the other is under 50 ($5500)? Just checking to make you're not thinking 2 x $6000...
by 22twain
Sun Dec 31, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Proceeds from RE sale go where for retirement?
Replies: 11
Views: 707

Re: Proceeds from RE sale go where for retirement?

Have you previously decided on an overall allocation plan for your investable assets (usually referred to on this forum for short as "AA" = "asset allocation")? The standard "minimal" decisions we make here are (1) % of stocks versus fixed income in general (2) within your stocks, % of domestic vers...
by 22twain
Wed Dec 27, 2017 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in Target fund or 3 fund portfolio?
Replies: 14
Views: 1342

Re: Invest in Target fund or 3 fund portfolio?

in order to re-balance I would have to sell and then buy at the close of the next business day, essentially removing those funds from the market for a day I am not that familiar with Schwab but at Vanguard you can transfer from one fund to another without the delay of selling then buying. Likewise ...
by 22twain
Wed Dec 27, 2017 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone explain how AMT works?
Replies: 12
Views: 1965

Re: Can someone explain how AMT works?

I've never had to pay AMT, but a Google search for "amt and itemized deductions" turns up a bunch of promising-looking hits, including pages from Wikipedia, TurboTax, H&R Block, etc.
by 22twain
Wed Dec 27, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: cheap device to run "mobile" apps?
Replies: 4
Views: 388

Re: cheap device to run "mobile" apps?

My wife has an iPad mini that has no cellular connectivity, which was cheaper than one with. She uses it only at home on our WiFi network.

What does the light system you're looking at use for connectivity? WiFi? Bluetooth?
by 22twain
Tue Dec 26, 2017 1:47 am
Forum: Personal Consumer Issues
Topic: Converting printed pictures to digital files
Replies: 15
Views: 1314

Re: Converting printed pictures to digital files

For scanning printed material and photos I use a Canon MX922 all-in-one printer+scanner+fax. It's several years old, but I'm sure there are similar units on the market nowadays from Canon, Epson, etc. Each company provides basic scanning software. For about 15 years I've used the independent Vuescan...
by 22twain
Mon Dec 25, 2017 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with retirement portfolio of $1.3M sitting in cash now
Replies: 7
Views: 1485

Re: Need help with retirement portfolio of $1.3M sitting in cash now

Was the $1.3M invested in something else before it became cash? If so, what was it, and why did you sell it?
by 22twain
Mon Dec 25, 2017 11:10 am
Forum: Personal Consumer Issues
Topic: Photos dark because of sunlight..what free software to enhance
Replies: 27
Views: 1688

Re: Photos dark because of sunlight..what free software to enhane

You took a photo and your subject came out dark because there was also bright sunshine in the field of view? Or you have a print that's degraded over time from exposure to sunlight? Exposure to too much light over too-long periods of time normally causes prints to fade (become lighter), not become ...
by 22twain
Mon Dec 25, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Buy a home or invest at 5%
Replies: 26
Views: 1812

Re: Buy a home or invest at 5%

quantAndHold wrote:
Mon Dec 25, 2017 10:54 am
At current rates, his mortgage payments would be roughly $1300.
To which must be added taxes, insurance, and maintenance costs. The total would probably be much higher than he is paying in rent now. The biggest variable is probably property taxes, which vary a lot by location.
by 22twain
Mon Dec 25, 2017 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Guidance on Asset Allocation regarding my 403(b) TIAA-CREF retirement account
Replies: 14
Views: 862

Re: Guidance on Asset Allocation regarding my 403(b) TIAA-CREF retirement account

Adding funds randomly doesn't improve your portfolio, and may take it further from your target. To reinforce this: many of these funds overlap with each other. Adding more of them to your portfolio does not increase the diversity of the underlying stocks, which is what really matters. Along with th...
by 22twain
Sun Dec 24, 2017 2:37 am
Forum: Personal Consumer Issues
Topic: Bounty or Kirkland brand
Replies: 25
Views: 2230

Re: Bounty or Kirkland brand

Paper towels are a "meh" sort of thing for me. My wife looks for the cheapest stuff she can get, and I go along with it.

On the other hand, I have been known to comment about toilet paper. That stuff gets personal. :annoyed
by 22twain
Sat Dec 23, 2017 3:22 pm
Forum: Investing - Theory, News & General
Topic: The extended bull market
Replies: 53
Views: 4295

Re: The extended bull market

If any of us has literary aspirations, he/she should channel Samuel Beckett and write a play named "Waiting for the Crash".

As for me, if stocks go up another couple of %, I'll hit the upper edge of my rebalancing band and will act accordingly.