Search found 28 matches

by Ultralight Hiker
Tue Feb 13, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Hellbent on sustainability funds - which ones?
Replies: 11
Views: 1277

How does this 3 fund "low carbon" portfolio look?

Thanks everyone for your helpful suggestions. I think I've identified a portfolio that will allow my father to maintain something similar to his current asset allocation but with low-carbon funds. 60% iShares MSCI ACWI Low Carbon ETF (50/50 domestic international) .2 expense ratio 25% SPDR S&P 500 F...
by Ultralight Hiker
Sat Feb 10, 2018 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Hellbent on sustainability funds - which ones?
Replies: 11
Views: 1277

Re: Hellbent on sustainability funds - which ones?

Go to Morningstar’s free Instant X-Ray tool. Enter the ticker for Total Stock Market to find out the style box and other values for that fund. Open another window with M* Instant X-Ray where you can enter the sustainable fund tickers that are available to your father in his 401k. Keep editing the p...
by Ultralight Hiker
Mon Feb 05, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Hellbent on sustainability funds - which ones?
Replies: 11
Views: 1277

Hellbent on sustainability funds - which ones?

Hello Bogleheads! My father wants to move all his equities (and possibly his bonds) to sustainability index funds. This post is not about whether or not this is a good idea. I'm pretty sure it isn't, for a variety of reasons have have been discussed on Bogleheads many times before. But since he's co...
by Ultralight Hiker
Wed Jan 17, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Strange Life insurance product - keep or dump?
Replies: 18
Views: 1584

Re: Strange Life insurance product - back of the envelope

Anyway, am I understanding correctly that you can cash out $146k, pay $10k taxes and spend $136k (or give it all away)? Yes, that is our understanding, verified by the the insurer. It seems like there is little down side to going 100% stocks. We are also confused, hence this thread. I think this is...
by Ultralight Hiker
Wed Jan 17, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Strange Life insurance product - keep or dump?
Replies: 18
Views: 1584

Re: Strange Life insurance product - back of the envelope

Does the 15% capital gains tax apply to the entire cash out value? Or some other value? Is there a cost basis to reduce from the policy premiums paid to subtract out, and if so, how much? The capitial gains are ~$70,000 What happens to cash out value in 10 years? Since the policy isn't paying any d...
by Ultralight Hiker
Tue Jan 16, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Strange Life insurance product - keep or dump?
Replies: 18
Views: 1584

Really! No surrender fees, no additional charges

You say that there are no fees. If that is what the insurance person told you, he is lying. The fees may be well hidden, or called something else, but they are being paid. Ralph I agree with Ralph. There must be fees. "Fees" keep the policy in force and pay for the policy "upkeep" and administrativ...
by Ultralight Hiker
Tue Jan 16, 2018 12:47 pm
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 92
Views: 10994

Backpacking Light = Bogleheads for Backpackers

Backpacking Light, of course!
https://backpackinglight.com/

I see many parallels between Bogleheads and BPL -- civil discourse, prioritizing simplicity, creating detailed spreadsheets.
-ULH
by Ultralight Hiker
Tue Jan 16, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Strange Life insurance product - keep or dump?
Replies: 18
Views: 1584

Strange Life insurance product - back of the envelope

Thanks for the comments everyone. I'm going to try to assess this quantitatively: Scenario 1: Keep life insurance. In 10 years, the death benefit will still be worth $282,583. There are no taxes or fees along the way. Scenario 2: Dump life insurance. If parents sell today, they get ~$200,000 after c...
by Ultralight Hiker
Mon Jan 15, 2018 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 5090

Re: A half year at full pay or a full year at half pay?

- Even if this delays retirement by a year, I would trade a year spent with my young family at a location of our choice over an extra year of retirement in some unknown future any time, every time Yes... I think you've got the right priorities. If our kids our game, I think so are we. If they are s...
by Ultralight Hiker
Mon Jan 15, 2018 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Strange Life insurance product - keep or dump?
Replies: 18
Views: 1584

Re: Strange Life insurance product - keep or dump?

Thanks for the thoughts everyone. Here is the additional information requested: With this policy there are no fees or monthly charges aside from the expense ratio associated with the funds. But those fees only seem to be a factor if you sell, see next point It is not a variable annuity -- the death ...
by Ultralight Hiker
Mon Jan 15, 2018 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Strange Life insurance product - keep or dump?
Replies: 18
Views: 1584

Strange Life insurance product - keep or dump?

Hello Bogleheads, I asked this question buried in another thread and there were no takers, so I hope no one minds if I ask it again. My parents (mid-70s) have a life insurance product through Hartford Life. It's a confusing policy, and my father said they discontinued it shortly after he bought it. ...
by Ultralight Hiker
Mon Jan 15, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 5090

Re: A half year at full pay or a full year at half pay?

You are at a small rural university and I've spent my career at a research university, so there will be some differences in expectations, but I've taken myself or seen dozens of these sabbaticals by colleagues. I've never heard of anyone taking a full year with a family without first establishing t...
by Ultralight Hiker
Sun Jan 14, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 5090

Re: A half year at full pay or a full year at half pay?

That is one interpretation. The other is that the cost is zero but it delays retirement 6 months and everything that you would want to spend the money on over the next 10 years will have to wait 6 months later as well. So the question is whether the time is worth more to you now or later. I like yo...
by Ultralight Hiker
Sat Jan 13, 2018 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Parental portfolio: help simplify and tune up
Replies: 16
Views: 1472

Re: Parental portfolio: help simplify and tune up

cas wrote:
Fri Jan 12, 2018 4:15 pm
This isn't really what you asked, but I had a couple of thoughts reading this thread:
Cas - thanks very much for your comments. I will pass them along to my parents.

-ULH
by Ultralight Hiker
Fri Jan 12, 2018 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Parental portfolio: help simplify and tune up
Replies: 16
Views: 1472

Understanding accountant advice? And what to do with insurance product?

Thanks everyone, particularly Livesoft, for the advice. My parents are greatly appreciative and so am I. Two more followup questions... 1. My parents' accountant is telling them to balance the amount $ in each spouse's taxable accounts. He said "estate tax purposes" but didn't explain. This is makin...
by Ultralight Hiker
Fri Jan 12, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 5090

Re: A half year at full pay or a full year at half pay?

KT785 wrote:
Fri Jan 12, 2018 1:22 pm
Is homeschooling or online school an option?
Kids would hate homeschooling. They enjoy the social interaction of school. Plus parents have to get some work done.

Living abroad has been vetoed by all because it would be difficult to bring cherished family dog.
by Ultralight Hiker
Fri Jan 12, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 5090

Re: A half year at full pay or a full year at half pay?

Great thoughts everyone, thanks! It seems like the majority vote for a year. But we are leaning toward a semester in a new location. Reasons: - Teen and pre-teen boys would probably be willing to leave their friends for a semester but a year might be a tougher sell. Our high school goes by a semeste...
by Ultralight Hiker
Thu Jan 11, 2018 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 5090

Yes, I will be working during my sabbatical

No wonder tuition has gone through the roof... I cannot believe that a percentage of the money I send to my kid's college is being given to professors who are "taking a year off with half-pay and full benefits". Ridiculous. That said, if my employer offered me that deal, I would take the full year ...
by Ultralight Hiker
Thu Jan 11, 2018 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 5090

Re: A half year off at full pay or a full year off at half pay?

Thanks for the responses everyone. I've been most focused on the financial aspect of the decision, but most of the comments above relate to kids' adjustment to a new school. Kids will be in high school and middle school, so it's an especially important consideration. But really, how bad is it to ski...
by Ultralight Hiker
Thu Jan 11, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 5090

Re: A half year off at full pay or a full year off at half pay?

ps...Not to derail your thread, but now that I have solved your problem (ah, the value of free advice....to quote Bob Dylan "Tell me, great hero, but please make it brief") ...it's your turn to solve mine, Ultralight Hiker. I am going to be sailing Hobie Cats in Thailand for a few weeks and want to...
by Ultralight Hiker
Thu Jan 11, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 5090

A half year at full pay or a full year at half pay?

Hi All, My wife and I work at a small university in a rural area. While we love our jobs, we are not crazy about the location. Fortunately, every 7 years we get a sabbatical -- a semester at full pay or a full academic year at half pay. Full benefits either way. While some external funding is possib...
by Ultralight Hiker
Fri Jan 05, 2018 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Parental portfolio: help simplify and tune up
Replies: 16
Views: 1472

Getting to 0% LTCG

A quick follow-up... 6. They should do everything possible in 2018 to get into the 0% LTCG tax bracket in order to help clean up this mess. If they only have about $2MM in taxable, it should be easy to do. I think this portfolio could turn out to have no ongoing income taxes if set up properly. As d...
by Ultralight Hiker
Tue Jan 02, 2018 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Parental portfolio: help simplify and tune up
Replies: 16
Views: 1472

Thanks everyone

Many thanks with the suggestions for the tuneup! I have relayed the suggestions to my parents, and they will adopt many of them. Pennywise – thanks for pointing out that my parents are fundamentally in good shape. Lafder – My parents will be excluding short-term cash from their asset allocation. Tha...
by Ultralight Hiker
Sat Dec 30, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Parental portfolio: help simplify and tune up
Replies: 16
Views: 1472

Re: Parental portfolio: help with a hot mess

Everyone -- Thanks for the suggestions! This gives us a lot to chew on. 6. They should do everything possible in 2018 to get into the 0% LTCG tax bracket in order to help clean up this mess. If they only have about $2MM in taxable, it should be easy to do. I think this portfolio could turn out to ha...
by Ultralight Hiker
Sat Dec 30, 2017 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Parental portfolio: help simplify and tune up
Replies: 16
Views: 1472

Parental portfolio: help simplify and tune up

Hello Everyone, I am a long-time reader of the Boglehead forums, and want to thank everyone who posts on these forums for helping people straighten out their finances. I’m writing on behalf of my retired parents, who have asked me to help them tune up and simplify their investments. First the good n...
by Ultralight Hiker
Fri Dec 29, 2017 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Shift bonds from IRA to 529?
Replies: 5
Views: 665

Thanks!

Thanks for the suggestions everyone!

Inbox -- your questions were very helpful for sharpening my thinking.

I've decided to keep things simple, and keep retirement and college savings totally separate. I'll let the college retirement accounts glide down via the "Aggressive" 529 option.

ULH
by Ultralight Hiker
Wed Dec 13, 2017 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Shift bonds from IRA to 529?
Replies: 5
Views: 665

Re: Shift bonds from IRA to 529?

I don’t consider my 529 plan as being part of my asset allocation or net worth. Certainly if you have reached your goal, adjusting the 529 allocation is reasonable, but I don’t think I would change my retirement account aa. Depending on the size of the 529 compared to your retirement accounts, how ...
by Ultralight Hiker
Tue Dec 12, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Shift bonds from IRA to 529?
Replies: 5
Views: 665

Shift bonds from IRA to 529?

Hello fellow bogleheads, We have met our "529 number" for our two kids, who are now 9 and 12. Indeed the accounts may be a little over-funded. However, we have not yet met our "retirement number". Overall we have an 80/20 allocation of stocks/bonds and would like to maintain this level. Proposed pla...