Search found 1586 matches

by 22twain
Sun Dec 09, 2018 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone REGRET retiring too soon?
Replies: 3
Views: 914

Re: Anyone REGRET retiring too soon?

I thought I remembered seeing previous threads about this, so I entered "regret retirement" in the search box at the top right of the page. It turned up this thread, among others:

Regret early retirement/downsizing
by 22twain
Sun Dec 09, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Has anyone adjusted their stock allocation on the dip?
Replies: 37
Views: 2767

Re: Has anyone adjusted their stock allocation on the dip?

No, I haven't changed anything. My target AA is 45% stocks, with a 5% rebalancing band. I'm at about 44% now; I was a bit over my target before the drop. Stocks would have to drop another 15% or so before I do anything.
by 22twain
Sat Dec 08, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: options to cover next 10 years before SS
Replies: 34
Views: 2038

Re: options to cover next 10 years before SS

I'm confused by the OP, she wants 70k a year for 10 years until SS starts. What happens when SS starts, because it will not be 70K a year? My thought exactly. $70K annual payout on a premium of $600K says to me that this must be a period certain annuity which pays out for ten years and then stops. ...
by 22twain
Fri Dec 07, 2018 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio choices?
Replies: 7
Views: 385

Re: Portfolio choices?

It sounds like you won't need the money in the 401(k) for a while, if ever. I'd personally just put it in one of the Life Strategy funds, chosen according to desired level of "safety", and leave it alone. If you want to save a bit on the expense ratio, buy the component funds in the same or similar ...
by 22twain
Thu Dec 06, 2018 5:19 pm
Forum: Personal Consumer Issues
Topic: California 8 days road trip LA-SFO
Replies: 40
Views: 2081

Re: California 8 days road trip LA-SFO

My one tip would be to not plan to eat at the Exploratorium itself, as there isn't too much there in the way of food. I'd suggest walking down the Embarcadero (10 minutes) to the Ferry Building for lunch. 10 minutes walk to the Ferry Building??? :shock: Aha, now I see the Exploratorium has moved. I...
by 22twain
Thu Dec 06, 2018 2:54 pm
Forum: Personal Consumer Issues
Topic: Alternatives to TIVO
Replies: 25
Views: 15329

Re: Alternatives to TIVO

TiVo's lifetime subscription looks expensive as a one-time charge, but for me the break-even point on my single TiVo Premiere (purchased a year ago) is only about 3.5 years. Also, the subscription "belongs" to the box, not to you, so boxes with lifetime subscription sell for good prices on eBay etc...
by 22twain
Thu Dec 06, 2018 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a point to a Taxable Acount?
Replies: 25
Views: 1869

Re: Is there a point to a Taxable Acount?

Does your employer offer a tax-deferred retirement savings plan like a 401K, 403B, 457, etc.? You can put more money into one of those than into an IRA (higher contribution limits).
by 22twain
Thu Dec 06, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Housing values may fall as baby boomers die off or sell off, two studies say
Replies: 21
Views: 2375

Re: Housing values may fall as baby boomers die off or sell off, two studies say

rhornback wrote:
Thu Dec 06, 2018 9:24 am
The simple result is housing over 500K is selling but housing over 500K is at best stagnant and more realistic is falling in value.
I suspect one of those two "overs" should read "under". Is it the first one?
by 22twain
Tue Dec 04, 2018 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Will we make it saving only in employer plans?
Replies: 58
Views: 4095

Re: Will we make it saving only in employer plans?

Unless you are paying a mortgage (which counts towards savings) I think they should include home equity as part of retirement savings only if they plan to sell the house and move to a less-expensive one when they retire, either a smaller place in their current (presumably HCOL) area, or a comparabl...
by 22twain
Sun Dec 02, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity atm/debit card - can’t handle multiple accounts?
Replies: 9
Views: 692

Re: Fidelity atm/debit card - can’t handle multiple accounts?

I have never heard of any single card that can access multiple [checking] accounts. When you use the card to buy something, which account does the money come out of? At the ATM you can choose checking or saving but never checking1 or checking2. My TD Bank debit card is linked to two checking accoun...
by 22twain
Sun Dec 02, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: The new tax law and charitable giving
Replies: 15
Views: 1563

Re: The new tax law and charitable giving

We had already been taking the old (lower) standard deduction for two years before the new (higher) one kicked in this year. Our charitable contributions have not changed, in fact they've probably increased a bit.
by 22twain
Sun Dec 02, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Do you get a year end bonus?
Replies: 78
Views: 5135

Re: Do you get a year end bonus?

SQRT wrote:
Sun Dec 02, 2018 10:07 am
Certain industries pay significant bonuses.
And others don't pay bonuses at all. Neither my wife nor I ever got a bonus in 30+ years each as professors at a small private college. I suspect the same is true elsewhere in the nonprofit sector.
by 22twain
Sat Dec 01, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Why is Costco gas so much cheaper
Replies: 117
Views: 9993

Re: Why is Costco gas so much cheaper

Gasbuddy.com shows the following prices in the neighborhood of the Costco in Spartanburg SC, which I picked because I happen to remember the location from passing it on the Interstate. No Costco in my town.

Costco: 1.93
others: 1.93 (Sam's Club), 1.99, 2.01 (2x), 2.17
by 22twain
Sat Dec 01, 2018 8:36 am
Forum: Investing - Theory, News & General
Topic: Why did the bond market lose money this year
Replies: 39
Views: 3534

Re: Why did the bond market lose money this year

Considering interest rates will only continue to rise wouldnt the total bond market just continue to fall? Not necessarily. Someone here once analyzed a hypothetical situation in which interest rates continue to increase in a straight line indefinitely. I can't find that post and the accompanying g...
by 22twain
Fri Nov 30, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Basic Bucket Theory
Replies: 40
Views: 3787

Re: Basic Bucket Theory

We are using the lazy portfolio theory here and trying to think thru the bucket approach. Bucket 1: 2 years worth of living expenses invested in a money market. Bucket 2: 7 years worth of living expenses invested LifeStrategy 20/80 Bucket 3: 10 years of living money invested in LifeStrategy 60/40 B...
by 22twain
Fri Nov 30, 2018 12:51 am
Forum: Investing - Theory, News & General
Topic: Current Market Volatility
Replies: 29
Views: 2048

Re: Current Market Volatility

Thesaints wrote:
Fri Nov 30, 2018 12:47 am
What if market volatility changed permanently ?
How and when would you know that this has happened?
by 22twain
Thu Nov 29, 2018 8:12 am
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 148
Views: 8488

Re: How did YOU choose your career?

I wanted to be a teacher, was very, very good at it and I got my PhD at 29. As I was writing my thesis and applying to tenure track jobs at teaching institutions I also learned how much $$ I needed to save per month, and estimated other cost of living expenses for the lifestyle that I wanted. I too...
by 22twain
Thu Nov 29, 2018 7:50 am
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 148
Views: 8488

Re: How did YOU choose your career?

Most college majors, even science and math, should not be viewed as professional training, but rather as "profession enablers" that lay the foundation for further job-specific training, in grad school or internships or on-the-job training as a new hire. All five physics majors in my college graduati...
by 22twain
Wed Nov 28, 2018 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help navigating St. Paul Social Security office please
Replies: 5
Views: 495

Re: Help navigating St. Paul Social Security office please

On Tuesday I'm going into the St Paul Social Security office to claim benefits. I was told, due to my current SS status, to go into the office. I have been there before but can not remember the steps to sign into the electronic sign in at the entrance. Could you help me with what that requires me t...
by 22twain
Wed Nov 28, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 148
Views: 8488

Re: How did YOU choose your career?

Executive summary: my general direction was clear at the end of high school, but my specific career path didn't reveal itself until the end of graduate school (Ph.D.). I was a kid in the 1960s, the heyday of the "space race", which got me interested in astronomy and the other physical sciences. I fo...
by 22twain
Tue Nov 27, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: List of costs that go away/decrease and increase/appear in retirement
Replies: 69
Views: 5758

Re: List of costs that go away/decrease and increase/appear in retirement

The question "how much cash?" comes up regularly here. Entering that phrase into the forum search box will give you plenty of reading. Suffice it to say here (in this thread), that there are differences of opinion. If you want to explore those further, you'd probably best start a new thread. :wink:
by 22twain
Mon Nov 26, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: Should I Buy a Truck Now?
Replies: 11
Views: 855

Re: Should I Buy a Truck Now?

How much does the business bring in? How much will the cost of buying and owning the truck affect its finances?
by 22twain
Mon Nov 26, 2018 1:31 am
Forum: Investing - Help with Personal Investments
Topic: Am I too risk averse?
Replies: 45
Views: 3357

Re: Am I too risk averse?

I have about $3.5M in taxable Do you have anything else, in tax-deferred accounts? [added: now I see from your previous thread that the answer is "no."] What do you expect your annual expenses to be after you retire, at least approximately? Take your current expenses, subtract those that will end w...
by 22twain
Sun Nov 25, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: How do tax brackets work?
Replies: 37
Views: 5597

Re: How to tax brackets work?

The Wizard wrote:
Sun Nov 25, 2018 9:29 am
for a combined $133 extra each month...
...which amounts to a "surtax" of less than 1% on $170K of income.
by 22twain
Sat Nov 24, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance questions.
Replies: 17
Views: 2091

Re: Inheritance questions.

First, my condolences. This must be a stressful time, even though you weren't close to them. Are you the executor of the will, in addition to being the sole beneficiary? First step, if you haven't done it already: get several copies of the death certificates. You'll need to present or turn them over...
by 22twain
Sat Nov 24, 2018 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help navigating St. Paul Social Security office please
Replies: 5
Views: 495

Re: Help navigating St. Paul Social Security office please

I will probably be going to my local (small-town) SS office for the first time soon. When we met with the agent we were asked to present a photo ID and our social security cards. I hope they don't require the signature on my SS card to match closely with my current one. IIRC I got my card in element...
by 22twain
Sat Nov 24, 2018 4:55 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for $5,500
Replies: 8
Views: 1055

Re: Asset allocation for $5,500

I wouldn't worry about the exact allocation too much in the beginning. In the early ears of your investing career, the growth of your portfolio will come mainly from your contributions. I'd simply put the entire $5,500 in Total Stock (VTSAX) this year. Next year, put your $5,500 in whatever the Admi...
by 22twain
Fri Nov 23, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Question about retirement. Do I build enough cash/investments to draw money from or build investments that earn me money
Replies: 14
Views: 2138

Re: Question about retirement. Do I build enough cash/investments to draw money from or build investments that earn me m

Fifty years ago, if you had a portfolio of individual securities, due to fees the only practical way to get retirement income from a portfolio was to use dividend stocks and bonds (and ladder them in a complicated way if you wanted monthly income). Or you could sell a large chunk of securities all ...
by 22twain
Thu Nov 22, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Balancing long term vs. short horizon needs
Replies: 8
Views: 842

Re: Balancing long term vs. short horizon needs

building up for a house downpayment about $150-180k in 2-3 yr timeframe. monthly ~10k into taxable If you start putting $6K of that money into safe fixed-income assets now, while continuing to invest the rest for the long term, in about two years you'll hit the lower end of that range. Bump that up...
by 22twain
Thu Nov 22, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Balancing long term vs. short horizon needs
Replies: 8
Views: 842

Re: Balancing long term vs. short horizon needs

I think the general opinion here is that money needed soon (e.g. 2-3 years for a house down-payment) should not be invested in stocks, but instead in something safe like a bank savings account or a money-market fund; or possibly a bond fund if you can tolerate a few % fluctuation in that money. You ...
by 22twain
Wed Nov 21, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: Anyone own a Roth oil tank?
Replies: 14
Views: 981

Re: Anyone own a Roth oil tank?

02nz wrote:
Wed Nov 21, 2018 10:59 am
I totally thought this was about Roth vs traditional!
I thought it was about a self-directed IRA that invests in physical commodities. 8-)
by 22twain
Wed Nov 21, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 397
Views: 44747

Re: U.S. stocks continue to soar!

Looks like we're up so far today. Is it for real, or is it just a "dead turkey bounce"? :wink:
by 22twain
Wed Nov 21, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: What's in your Investor Policy Statement about Bear Markets?
Replies: 52
Views: 3480

Re: What's in your Investor Policy Statement about Bear Markets?

Maintain asset allocation and rebalance only when it reaches 10% band. Same here, except my rebalancing band is ±5%. My current target is 45% stock. Right now I'm at 43.9% stock. In order for my portfolio to hit 40% stock, assuming the fixed-income portion remains constant, the value of the stock w...
by 22twain
Wed Nov 21, 2018 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Current Retirees: Do you touch your principal?
Replies: 79
Views: 8225

Re: Current Retirees: Do you touch your principal?

whether they live off of interest and dividends (plus social security, rental income, pensions) I've been retired for two years. Right now I live off "early retirement" payments from my former employer, dividends from my taxable account, and sales of shares from my taxable account, about 1/3 from e...
by 22twain
Wed Nov 21, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Index fund vs ETF for taxable account
Replies: 5
Views: 479

Re: Index fund vs ETF for taxable account

As far as I know, with Vanguard funds, there's no difference tax-wise between the ETF and the mutual fund versions, because they're "simply" different share classes of the same fund. This is specific to Vanguard, because they have a patent on the mechanism.
by 22twain
Tue Nov 20, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Real Estate for Rental Income
Replies: 6
Views: 739

Re: Real Estate for Rental Income

Nyth wrote:
Mon Nov 19, 2018 9:43 am
Its a condo [...] I was considering renting out each room individually
Does the condo association allow this?
by 22twain
Tue Nov 20, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: I was 30% into US stocks.. Down 5.5% YTD. Should I now get back in ?
Replies: 14
Views: 1946

Re: I was 30% into US stocks.. Down 5.5% YTD. Should I now get back in ?

Context matters. Are you a young guy just starting out, or a middle-aged guy in mid-career, or a not-so-middle-aged guy looking to retire in the next few years, or an old guy already retired?
by 22twain
Tue Nov 20, 2018 1:14 am
Forum: Personal Finance (Not Investing)
Topic: The psychology of withdrawing from your portfolio
Replies: 58
Views: 5856

Re: The psychology of withdrawing from your portfolio

In my case, it helped that from a financial point of view my retirement is happening in phases, not all at once. Because of cutbacks at my institution, I was forced out of my long-time position, but allowed to move into a much lower-paying position for a few years, before entering our normal "early ...
by 22twain
Mon Nov 19, 2018 5:54 pm
Forum: Personal Consumer Issues
Topic: New HD tv and non HD stations
Replies: 27
Views: 1280

Re: New HD tv and non HD stations

There might also be a setting for the aspect ratio on your cable or satellite box, in addition to the one on your TV. In either case, look for a button on the remote, or a menu item called "aspect" or "screen mode" or something like that.
by 22twain
Mon Nov 19, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: The Rise of Passive Investing - Are we missing something?
Replies: 18
Views: 3114

Re: The Rise of Passive Investing - Are we missing something?

This has been discussed here many times. To see some examples, enter "what if everybody indexed" in the search box at the top of this page. Executive summary: if the proportion of active traders in the total market were to decrease enough that the market became inefficient, new active traders would ...
by 22twain
Sun Nov 18, 2018 6:30 pm
Forum: Personal Consumer Issues
Topic: Coffee tablebooks??
Replies: 21
Views: 1462

Re: Coffee tablebooks??

by 22twain
Fri Nov 16, 2018 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to Decide Future Investments
Replies: 15
Views: 1260

Re: TRYING TO DECIDE FUTUTRE INVESTMENTS

roncle329 wrote:
Fri Nov 16, 2018 12:09 pm
I have 450k in my 401k that is not being used fir income.
Do you need additional income (over and above the $80K and your wife's take-home pay) to cover your current expenses? If so, how much?
by 22twain
Fri Nov 16, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Recommendation for building my first iOS app?
Replies: 10
Views: 820

Re: Recommendation for building my first iOS app?

I have an iPhone and would like to build an app that works on my iPhone. The standard way to do this is to use Apple's Xcode IDE, which runs under MacOS, i.e. on an iMac, MacBook, etc. https://developer.apple.com/ I dabbled a little bit with this several years ago, but never got anywhere near build...
by 22twain
Mon Nov 12, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: At what point does a life insurance policy not make sense?
Replies: 16
Views: 1789

Re: At what point does a life insurance policy not make sense?

While we were working, my wife and I had similar incomes, enough to cover housing and living costs, and save a generous amount. No kids. Either of us could have covered his/her living expenses if the other one died, and would have inherited the other's savings. Now we're both retired, although she s...
by 22twain
Mon Nov 12, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: How long have you had, or did you have, your HP-12C calculator?
Replies: 72
Views: 2782

Re: How long have you had, or did you have, your HP-12C calculator?

My HP-11C is at least 30 years old.... I use it regularly. Same here. I also have an app that simulates it on my iPhone, but I prefer the real thing when I'm at my desk where I keep it. I have to be more careful using the app because the touchscreen buttons are closer together and don't give any ta...
by 22twain
Sun Nov 11, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: Quick Turnaround for Passport Applications (No Payment for Expedited Processing)
Replies: 18
Views: 1658

Re: Quick Turnaround for Passport Applications (No Payment for Expedited Processing)

How can I determine definitively whether my state's conventional (not enhanced) driver's license is Real ID-compliant for domestic flights? The standard method is for the drivers' license to have a gold star on it. See for example South Carolina , which rolled them out just last March. My driver's ...
by 22twain
Sun Nov 11, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 52
Views: 4795

Re: Do you prefer etfs or mutual funds?

I own Vanguard's "big three" (total stock, total international and total bond) as ETFs (VTI, VXUS and BND), but that's only because I don't hold them at Vanguard. When I invested an inheritance about eight years ago, all my retirement investing for 25 years had been in my 403b plan at TIAA. This was...
by 22twain
Sat Nov 10, 2018 11:49 pm
Forum: Personal Consumer Issues
Topic: Quick Turnaround for Passport Applications (No Payment for Expedited Processing)
Replies: 18
Views: 1658

Re: Quick Turnaround for Passport Applications (No Payment for Expedited Processing)

In April I submitted my application at a small-town post office. I received the passport book 16 days later, and the passport card a few days after that.
by 22twain
Sat Nov 10, 2018 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Strategy during the last stock market decline
Replies: 58
Views: 6476

Re: Strategy during the last stock market decline

I did no moving or changing of anything..I was still in the work force, so still had regular payroll contributions that were buying per my allocation at that time. Same here. My 403B contributions were always split 50/50 between a stock fund and a stable-value fund (TIAA Traditional); between that ...
by 22twain
Fri Nov 09, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: Should I reject Google drive for privacy/tracking?
Replies: 38
Views: 3100

Re: Should I reject Google drive for privacy/tracking?

If you pay Google for a G Suite account (which includes Gmail with a personal domain, Google Drive, Google Apps, etc.), they don't mine your data for advertising etc. $5 per month (plus your local sales tax).

https://support.google.com/googlecloud/ ... 6650?hl=en