Search found 772 matches

by Austintatious
Wed Nov 14, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Does it ever make sense to pay more tax intentionally?
Replies: 15
Views: 1592

Re: Does it ever make sense to pay more tax intentionally?

My question is, is there ever a reason to not take those mileage deductions and pay taxes on the full $25,000 in order to increase social security down the road? I wonder what your 67-year-old self would say as you think about starting SS. Those at the bottom of incomes get a better return on their...
by Austintatious
Tue Nov 13, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Social Security Claiming Strategy - Seeking Confirmation
Replies: 30
Views: 2936

Re: Social Security Claiming Strategy - Seeking Confirmation

As an aside, can anyone explain why the opportunity to file a restricted application for spousal was extended to those born on January 1, 1954, as opposed to cutting it off with the end of calendar year 1953? SSA says: "If your birthday is on January 1st, we figure your benefit as if your birthday ...
by Austintatious
Mon Nov 12, 2018 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: Social Security Claiming Strategy - Seeking Confirmation
Replies: 30
Views: 2936

Re: Social Security Claiming Strategy - Seeking Confirmation

I did File & Suspend the last year it was available. That was 4 years ago. Too bad it went away. Too bad is right! That change cost me about $40k. Oh well. Too bad, indeed. On the other hand, the restricted application for spousal remains alive for those born on or before January 1, 1954. I fear th...
by Austintatious
Mon Nov 12, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Social Security Claiming Strategy - Seeking Confirmation
Replies: 30
Views: 2936

Re: Social Security Claiming Strategy - Seeking Confirmation

Some of this fits into the category of "it won't make all that much difference", or perhaps more accurately, "the unknowns of life will be more important than the averages out of a tool". I think the tool should have told you what the benefits were at each stage, but I haven't looked at it lately. ...
by Austintatious
Sun Nov 11, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need more than Original Medicare?
Replies: 110
Views: 6109

Re: Do I need more than Original Medicare?

It looks like coverage through a prior employer's health plan is not an issue for you but, if it is or might later be, be sure to check on whether or not signing up for Part B coverage is required by the employer's plan. Some require it. And, as discussed earlier in the thread, make sure that you'll...
by Austintatious
Sun Nov 11, 2018 2:09 pm
Forum: Forum Issues and Administration
Topic: How the search works
Replies: 3
Views: 391

Re: How the search works

Try plugging the words "money market fund" into the Google search window at the top left hand corner of the Bogleheads site when you first log on. It should bring up numerous threads.
by Austintatious
Sun Nov 11, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do I Need A Credit Score?
Replies: 24
Views: 1050

Re: Do I Need A Credit Score?

Never assume that you'll always be able to rely on the credit history and credit cards of your spouse. You should work affirmatively to build your own credit history and that's exactly how you should look at it - building it, step by step. Pay down your debt - credit cards, loans, mortgage - on time...
by Austintatious
Sun Nov 11, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: secure land for donation for county park
Replies: 17
Views: 1584

Re: secure land for donation for county park

I think the person who discussed the possibility of the county not accepting it has a good point. Why that would happen is beyond me, but theoretically I suppose it is a possibility. It costs money to develop and maintain a park. And assuming ownership, or even just the management, of the property ...
by Austintatious
Sat Nov 10, 2018 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone know why SSA has to be notified if you go outside the USA for 30 consecutive days or longer?
Replies: 19
Views: 3547

Re: Does anyone know why SSA has to be notified if you go outside the USA for 30 consecutive days or longer?

A web search seems to show that it only applies to those that receive SSI. If you are traveling outside the U.S. for an extended amount of time, it’s important that you tell Social Security the date you plan to leave and the date you plan to come back, no matter how long you expect your travel to l...
by Austintatious
Fri Nov 02, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: Bonds vs CDs
Replies: 39
Views: 4354

Re: Bonds vs CDs

Austintatious wrote:
Fri Nov 02, 2018 1:33 pm
I bonds are now at 2.87 percent! A solid consideration.
by Austintatious
Fri Nov 02, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: Bonds vs CDs
Replies: 39
Views: 4354

Re: Bonds vs CDs

I bonds are now at 2.83 percent! A solid consideration.
by Austintatious
Fri Nov 02, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7614

Re: I Bond fixed rate = 0.5%

I've found that this guy posting on Seeking Alpha has a pretty good handle on I bonds, and he offers some strategy for buying them. Plus he throws in a little advice re EE bonds.

https://seekingalpha.com/article/421699 ... 50-percent
by Austintatious
Fri Nov 02, 2018 9:28 am
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7614

Re: I Bond fixed rate = 0.5%

Is I Bond a good place to park some emergency fund? I assume it is based on what I have read so far. But someone above pointed out 1-year Treasury is yielding more and tax-free(??) But I assume that doesn't have the level of liquidity like I Bond. Is that right? Where do you guys park your emergenc...
by Austintatious
Thu Nov 01, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7614

Re: I Bond fixed rate = 0.5%

Question for retired I bond purchasers: What are you selling to buy them? A couple of taps on the keyboard can transform a portion of one's Social Security payment into an I bond. No sale required, there. That assumes, of course, that one isn't dependent on all of their monthly benefit for day-to-d...
by Austintatious
Wed Oct 31, 2018 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Just a sincere Thank You!
Replies: 4
Views: 854

Re: Just a sincere Thank You!

Thanks for sharing your story. We can use all the good news we can get right now. Congratulations, indeed!
by Austintatious
Wed Oct 31, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Best Investing/Personal Finance Books?
Replies: 10
Views: 926

Re: Best Investing/Personal Finance Books?

I recently purchased Jonathan Clements' new book "How to Think About Money", thinking that I might forward it to my adult children as part of my relentless campaign to heighten their awareness of the need for reasonable frugality in their personal finances. And, yes, it's definitely headed their way...
by Austintatious
Mon Oct 29, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawaing SS application after FRA
Replies: 5
Views: 384

Re: Withdrawaing SS application after FRA

Here's the relevant section of the U.S. Code of Federal Regulations. See subsection b for withdrawals of applications for benefits for which the Service has already made a determination. I certainly don't see a provision stating that such an application may not be filed subsequent to reaching FRA. h...
by Austintatious
Sun Oct 28, 2018 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: If On Medicare Before SS, How Do You Pay?
Replies: 40
Views: 3162

Re: If On Medicare Before SS, How Do You Pay?

We've used a cash rewards credit card for DW's Part B Medicare payments totaling $1608 per year. You simply return the quarterly premium reminder received from Medicare with the cc info and a $402 debit posts to the account maybe a week later. So far, it's worked like a charm. We expect to do one mo...
by Austintatious
Sun Oct 28, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Online bank with high savings rate?
Replies: 5
Views: 535

Re: Online bank with high savings rate?

OP, I wonder if he might want to consider U.S. treasuries. He could invest in them without going through a broker by setting up an account at Treasury Direct. Just a thought.
by Austintatious
Sun Oct 28, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Online bank with high savings rate?
Replies: 5
Views: 535

Re: Online bank with high savings rate?

OP, as you may know, in case your father insists on CDs, he certainly can get better rates at other institutions. These links will allow you and him to survey the rates available nationally for CDs, plus high-yield savings accounts and money market accounts. https://www.bankrate.com/ https://www.dep...
by Austintatious
Sat Oct 27, 2018 11:22 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16561

Re: Total Bond Market Fund - interest rates rising!

Thank you for that very interesting investment fact concerning Total Bond Market in this rising interest rate environment. People still aren't understanding "rising rate environment", with respect to intermediate-term bonds . Let's work on this ... Is this a rising rate environment, with respect to...
by Austintatious
Fri Oct 26, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about staying the course
Replies: 33
Views: 4112

Re: Nervous about staying the course

A thread just started by forum member Fallible links to an article written by Jonathan Clements that's written specifically for those of us who are getting nervous about the current volatility of the market. There's a lot in there to consider. https://www.bogleheads.org/forum/viewtopic.php?p=4185162...
by Austintatious
Thu Oct 25, 2018 3:34 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 444
Views: 50697

Re: Your USER NAME...what does it mean?

Comes from Austintatious Red (Austin, for short), the registered name of our big, beautiful, faithful and fantastic Brittany Spaniel, long since passed away and still missed.
by Austintatious
Thu Oct 25, 2018 12:47 pm
Forum: Local Chapters and Bogleheads Community
Topic: Who/what made the helpful culture of Bogleheads?
Replies: 29
Views: 1936

Re: Who/what made the helpful culture of Bogleheads?

Unless I'm way off base on this, Alex Frakt and Larry Auton are the owners of the site. If that's true, then they are ultimately responsible for how the site has been managed. And that management over time, in my humble opinion as a relative newcomer, has been the key to its remarkable success.
by Austintatious
Thu Oct 25, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: social security maximize plan
Replies: 9
Views: 1084

Re: social security maximize plan

Here's a link to Mike Piper's free and very helpful calculator intended to help folks maximize their Social Security benefits. If you haven't already tried it out, be sure to do so. Also, be aware that Mike has written a number of helpful and very reasonably priced books intended to help folks deal ...
by Austintatious
Wed Oct 24, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Phone calls from Social Security
Replies: 10
Views: 1523

Re: Phone calls from Social Security

DW recently applied online for a spousal benefit. The application was acknowledged by SS via email, within minutes of submitting the application. Another email arrived the next day, advising her of the location of the SS center handling her application and advising her that she may expect a phone ca...
by Austintatious
Wed Oct 24, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about saving for retirement - need basic advice
Replies: 15
Views: 1197

Re: Questions about saving for retirement - need basic advice

OP, it sounds like you're in the perfect position to maximize your savings. Go for it, as much as you reasonably can while you can. Good luck!!
by Austintatious
Wed Oct 24, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16561

Re: Total Bond Market Fund - interest rates rising!

Here's a timely article by Jonathan Clements regarding bonds in times of rising interest rates. https://humbledollar.com/money-guide/risk-and-bond-returns/ A portion of the text: What if you stay put and interest rates do indeed increase? You might focus on the silver lining: Rising rates will ultim...
by Austintatious
Mon Oct 22, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: Do I need to buy laptop software?
Replies: 32
Views: 2681

Re: Do I need laptop software?

Chromebook A couple of fine choices. https://www.amazon.com/Samsung-Chromebook-11-6-16GB-XE500C13-K04US/dp/B01N5P6TJW/ref=sr_1_3?s=electronics&ie=UTF8&qid=1540164438&sr=1-3&keywords=samsung+chromebook https://www.amazon.com/Chromebook-C202SA-YS02-Ruggedized-Resistant-Celeron/dp/B01DBGVB7K/ref=sr_1_...
by Austintatious
Mon Oct 22, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: Do I need to buy laptop software?
Replies: 32
Views: 2681

Re: Do I need laptop software?

Chromebook A couple of fine choices. https://www.amazon.com/Samsung-Chromebook-11-6-16GB-XE500C13-K04US/dp/B01N5P6TJW/ref=sr_1_3?s=electronics&ie=UTF8&qid=1540164438&sr=1-3&keywords=samsung+chromebook https://www.amazon.com/Chromebook-C202SA-YS02-Ruggedized-Resistant-Celeron/dp/B01DBGVB7K/ref=sr_1_...
by Austintatious
Sun Oct 21, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: What to do with >$1000 in Amazon credits?
Replies: 57
Views: 5196

Re: What to do with >$1000 in Amazon credits?

I wonder if it might be transferred /donated to the Bogle Center for Financial Literacy, assuming that the credits might be used by the Center in some manner.
by Austintatious
Sun Oct 21, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16561

Re: Total Bond Market Fund - interest rates rising!

Rates have been purported to rise for the last 7 years. Now that it has finally happened, after 5 years of it not happening, it becomes news. And still not a major calamity; returns are still positive but just not as high as we’d like. It’s easy to forget that bonds earned interest at a higher rate...
by Austintatious
Sun Oct 21, 2018 11:10 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16561

Re: Total Bond Market Fund - interest rates rising!

Rates have been purported to rise for the last 7 years. Now that it has finally happened, after 5 years of it not happening, it becomes news. And still not a major calamity; returns are still positive but just not as high as we’d like. It’s easy to forget that bonds earned interest at a higher rate...
by Austintatious
Sun Oct 21, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16561

Re: Total Bond Market Fund - interest rates rising!

In our case, we've swapped a portion of our TBM for CDs. Would you please explain how we can now know that doing so will reduce return and increase risk as measured by volatility? The primary factors that drive returns in fixed income are term risk (i.e. the risks associated with hold longer term i...
by Austintatious
Sat Oct 20, 2018 5:01 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16561

Re: Total Bond Market Fund - interest rates rising!

Thanks. I think that's good advice. I believe we've given a great deal of thought to the big picture relative to our specific situation and that we've not focused unduly on the recent performance of specific assets (TBM, for example). Because at least one of us may very well be looking at a retirem...
by Austintatious
Sat Oct 20, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16561

Re: Total Bond Market Fund - interest rates rising!

The question, in my mind, is how much (if any) risk one wants to assume with the fixed income, the so called and intended to be safe or at least safer, portion of one's life savings. I’d suggest you take a step back and ask how risk you can take at the level of the portfolio . Your investment horiz...
by Austintatious
Sat Oct 20, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16561

Re: Total Bond Market Fund - interest rates rising!

This thread really highlights the question we in this household have been pondering over the past few years as we've transitioned to full retirement mode. One constantly hear that bonds are for safety, a concept we've generally ascribed to, but we've decided to ask ourselves just what "safety" means...
by Austintatious
Fri Oct 19, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16561

Re: Total Bond Market Fund - interest rates rising!

that bond returns will probably be depressed for a similar time. Define "depressed"? Total Bond yield is now 2.73%, higher than it's been in ten years. Yes, it's not 4 or 5%. But it's not .5% either. Perhaps lower expectations are in order. Stocks are for risk and return, better to chase performanc...
by Austintatious
Fri Oct 19, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16561

Re: Total Bond Market Fund - interest rates rising!

that bond returns will probably be depressed for a similar time. Define "depressed"? Total Bond yield is now 2.73%, higher than it's been in ten years. Yes, it's not 4 or 5%. But it's not .5% either. Perhaps lower expectations are in order. Stocks are for risk and return, better to chase performanc...
by Austintatious
Fri Oct 19, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16561

Re: Total Bond Market Fund - interest rates rising!

With those kind of piddly gains, wouldn't it be better to put the bonds/fixed-income portion of your portfolio in a short-term FDIC-insured CD? For example, bankrate.com shows a 15-month CD at 2.75% APY. It seems like that would be the better route rather than speculating on a bond fund at this tim...
by Austintatious
Thu Oct 18, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: PenFed 3% 5 year certificates are back.
Replies: 19
Views: 2987

Re: PenFed 3% 5 year certificates are back.

Looks like PenFed has upped their game, now offering 3.3% on both 5- and 7-year CDs. Seems like some of the best rates out there. They are probably trying to retain all those folks that took advantage of those great 3% 5-year CDs of late 2013. I’m not sure that 3.3% is enough to keep me there, sinc...
by Austintatious
Thu Oct 18, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: PenFed 3% 5 year certificates are back.
Replies: 19
Views: 2987

Re: PenFed 3% 5 year certificates are back.

Looks like PenFed has upped their game, now offering 3.3% on both 5- and 7-year CDs. Seems like some of the best rates out there. They are probably trying to retain all those folks that took advantage of those great 3% 5-year CDs of late 2013. I’m not sure that 3.3% is enough to keep me there, sinc...
by Austintatious
Wed Oct 17, 2018 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Restricted Application
Replies: 3
Views: 356

Re: Social Security Restricted Application

She would be eligible for the so called "restricted application" strategy for spousal benefit if she was born on or before 1/1/54. Her benefit would be one half of your primary insurance amount (PIA), assuming that she files after reaching her own full retirement age (FRA). Your PIA is what your ow...
by Austintatious
Wed Oct 17, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Restricted Application
Replies: 3
Views: 356

Re: Social Security Restricted Application

She would be eligible for the so called "restricted application" strategy for spousal benefit if she was born on or before 1/1/54. Her benefit would be one half of your primary insurance amount (PIA), assuming that she files after reaching her own full retirement age (FRA). Your PIA is what your own...
by Austintatious
Tue Oct 16, 2018 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: 5 Year CD Coming Due
Replies: 8
Views: 1304

Re: 5 Year CD Coming Due

If, by "deep cash", you mean money you won't need for a long time, why not put it into the safety of another CD? There are 2 year CDs paying 3% out there - Navy Federal CU. There's a thread on the forum discussing Achieva CU's offer of 4.2% for a 5 year CD with a minimum of $75k, I think. Thank you...
by Austintatious
Tue Oct 16, 2018 4:55 pm
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 79
Views: 4934

Re: Personal Adventure - recommendations

Hiking the PCT seems to fit your requirements. What about learning to hang glide or something like that? Another BH'er recently walked cross country (USA). He had a great blog. [Can anyone help with who that was?] Choose a route with more mountains if you'd enjoy that more. Or PCT and then the Appa...
by Austintatious
Tue Oct 16, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: 5 Year CD Coming Due
Replies: 8
Views: 1304

Re: 5 Year CD Coming Due

If, by "deep cash", you mean money you won't need for a long time, why not put it into the safety of another CD? There are 2 year CDs paying 3% out there - Navy Federal CU. There's a thread on the forum discussing Achieva CU's offer of 4.2% for a 5 year CD with a minimum of $75k, I think.
by Austintatious
Mon Oct 15, 2018 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security [impact of earnings on benefits]
Replies: 29
Views: 2847

Re: social security

Here's a link to Mike Piper's free social security calculator. It's a tool designed to help folks like you and yours decide how they can maximize their Social Security benefits. Of course, there are many factors to be considered besides getting the most money out of SS but this tool can provide very...