Search found 809 matches

by TravelforFun
Mon Nov 20, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my asset allocation?
Replies: 23
Views: 1330

Re: Thoughts on my asset allocation?

If I could relive my mid 20s, I'd be 100% stocks but of course, everyone is different.

TravelforFun
by TravelforFun
Mon Nov 20, 2017 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Asset location in retirement (stocks)?
Replies: 7
Views: 459

Re: Asset location in retirement (stocks)?

Up until this year my Roth was 100% stocks with all my bonds in either my Rollover IRA or my 401k. But as I get closer to retirement I decided to reduce my overall allocation to stocks. For the first time I decided to include some bonds in my Roth account - it now has an 80/20 AA. My traditional ac...
by TravelforFun
Mon Nov 20, 2017 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have to report a thank-you dinner as income to the IRS?
Replies: 14
Views: 1751

Re: Do I have to report a thank-you dinner as income to the IRS?

The most important question no one has asked the OP. How expensive was the dinner? Did they fly you first class to Paris to dine at the Ritz to thank you for something you did for them?

TravelforFun
by TravelforFun
Mon Nov 20, 2017 5:40 pm
Forum: Personal Consumer Issues
Topic: Do you record customer service interactions?
Replies: 23
Views: 1039

Re: Do you record customer service interactions?

I try to do "chats" which a lot of companies and websites offer. There is usually an option to save the chat. I'll bet the company saves the chat. Absolutely use the "chat" function if dealing with a cellphone or cable company (or others of that ilk ). I have found having a chat printout detailing ...
by TravelforFun
Mon Nov 20, 2017 5:35 pm
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 32
Views: 2029

Re: What are the things you want to do between 55 and 65?

The desire to travel more and spend more time with family and friends led me to ask for a part-time job last year. We've been able to take short trips with friends regularly during many of my four-day weekends and it has been great. Thanks to my President/CEO for being compassionate and Southwest fo...
by TravelforFun
Mon Nov 20, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Asset location in retirement (stocks)?
Replies: 7
Views: 459

Re: Asset location in retirement (stocks)?

My HSA and Roth are 100% stocks. My much bigger IRA account contains sufficient bonds equal to 10 years of my expenses, and the rest is in stocks. My taxable account is too small to worry about asset allocation.

TravelforFun
by TravelforFun
Mon Nov 20, 2017 5:13 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 84
Views: 4145

Re: How much do you budget for vacation?

Speaking of vacations, does anyone else struggle with feeling some remorse due to the carbon footprint created from traveling? No because the alternative would be to stay close to home. You're quite correct that the more people travel, the more CO2 gets released into the atmosphere, but OTOH, socie...
by TravelforFun
Sun Nov 19, 2017 2:11 pm
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 21
Views: 1272

Re: Investment Portfolio Tracking & Spreadsheets

I use an excel spreadsheet with many many tabs to track my expenses and income, assets and liabilities, individual stock and mutual fund returns (by incorporating Yahoo Finance), my asset allocation, and other things that are important to me. But I can't get my wife to sit down with me so I can sho...
by TravelforFun
Sun Nov 19, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 21
Views: 1272

Re: Investment Portfolio Tracking & Spreadsheets

I use an excel spreadsheet with many many tabs to track my expenses and income, assets and liabilities, individual stock and mutual fund returns (by incorporating Yahoo Finance), my asset allocation, and other things that are important to me. But I can't get my wife to sit down with me so I can show...
by TravelforFun
Sun Nov 19, 2017 12:25 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 84
Views: 4145

Re: How much do you budget for vacation?

We spend the equivalent of 2% of our net worth per year on traveling. We're not retired yet so traveling money right now comes from our paychecks.

TravelforFun
by TravelforFun
Sun Nov 19, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Returns - How Long Do you Keep?
Replies: 37
Views: 2278

Re: Tax Returns - How Long Do you Keep?

I keep all my returns electronically in PDF in perpetuity and shred backup documents after 7 years.

TravelforFun
by TravelforFun
Sun Nov 19, 2017 12:13 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3376

Re: Oregon makes you save, unless you object. NYT article

[...]OTOH, this thread has given me an idea: How about a $500 (or some other amount) "bonus" paid to each and every high school graduate when they are at least 18-years old by the Federal government, but it MUST be put into an IRA. This would be like a tax-credit that exists for college bound folks...
by TravelforFun
Fri Nov 17, 2017 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off my house. Now how to handle insurance and tax payments?
Replies: 21
Views: 1975

Re: Paid off my house. Now how to handle insurance and tax payments?

I pay property taxes by check so I can write a nasty note to the tax assessor :twisted: Sorry but the tax assessor is not the one to blame. The appraisal district establishes the value of your home. The city, county, school district, hospital district, etc. set the tax rates. Multiply them and you ...
by TravelforFun
Fri Nov 17, 2017 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off my house. Now how to handle insurance and tax payments?
Replies: 21
Views: 1975

Re: Paid off my house. Now how to handle insurance and tax payments?

I pay homeowner insurance premium every year and two years worth of property taxes every two years right from the same checking account. I know what's coming and budget for them accordingly.

TravelforFun
by TravelforFun
Fri Nov 17, 2017 7:41 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 642
Views: 104474

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

How much of a hassle is it to transfer a brokerage account out from Vanguard to get one of these bonuses? Is it as simple as signing the paperwork or do I have to get things notarized or (shudder) a medallion signature guarantee? Does VG charge a fee for a transfer out? I don't have VG but I transf...
by TravelforFun
Fri Nov 17, 2017 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: How to navigate through college expenses and possible early retirement
Replies: 7
Views: 549

Re: How to navigate through college expenses and possible early retirement

Let's look at the numbers. You're in the late 40s and will work another 6 years and that means by the time you retire, you would be mid 50s, only 5 years before you can withdraw retirement money without penalty, not 18-20 years. Currently, you have $1M in pre-tax and $0.5M after-tax of which $200K a...
by TravelforFun
Wed Nov 15, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: Chromebook vs Windows 10?
Replies: 56
Views: 3421

Re: Chromebook vs Windows 10?

Hi all, Looking for recommendations for a new laptop to supplement our Macbook Pro (my wife and I currently share). We really just need something for web browsing so I was looking at cheap chromebooks. I then came across the Acer Aspire that runs Windows 10 and can't figure out which way to go. We ...
by TravelforFun
Wed Nov 15, 2017 7:56 pm
Forum: Personal Consumer Issues
Topic: Regrets after reaching retirement?
Replies: 42
Views: 4261

Re: Regrets after reaching retirement?

Approaching full retirement and my regret is that I'd put too much money in tax-deferred accounts. Uncle Sam is waiting for me at the finish line.

I've no other regrets because I've done everything my wife and I wanted to do while we were working.

TravelforFun
by TravelforFun
Wed Nov 15, 2017 7:50 pm
Forum: Personal Consumer Issues
Topic: Regrets after reaching retirement?
Replies: 42
Views: 4261

Re: Regrets after reaching retirement?

. . . . "Regrets after reaching retirement?" After retiring, I never had any regrets about anything in my life and I have none today, 19 years after retiring. You shouldn't either. Live your life well for you and your family. If you work too much, 50 years from now no one will remember how much you...
by TravelforFun
Tue Nov 14, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Borrowing from parents - what interest rate?
Replies: 52
Views: 3524

Re: Borrowing from parents - what interest rate?

We have had several intra-family loans among various members of my family. The OP's proposal is exactly what we do: split the rates down the middle and everybody's happy. I always shake my head when the "don't do it" posts show up. You know your family but your family's probably better than you thi...
by TravelforFun
Tue Nov 14, 2017 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Wife's 401k investment options (high fees!)
Replies: 26
Views: 1262

Re: Wife's 401k investment options (high fees!)

If the employer doesn't match, don't participate.

TravelforFun
by TravelforFun
Sun Nov 12, 2017 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare [Can I contribute to a Health Savings Account?]
Replies: 22
Views: 1527

Re: Medicare

prd1982 wrote:
Sun Nov 12, 2017 6:37 pm
Be sure to check with your employer about their coverage. Their plan may require you to sign up for at least part A.
We should and I did. Mine (a large-size company) doesn't require me to sign up.
by TravelforFun
Sun Nov 12, 2017 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: Borrowing against portfolio for home down payment
Replies: 11
Views: 1187

Re: Borrowing against portfolio for home down payment

If I'm sure I will buy a house during the next few months and want use money in my taxable accounts, I would sell the stocks now and keep the money in a saving account.

TravelgorFun
by TravelforFun
Sun Nov 12, 2017 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare [Can I contribute to a Health Savings Account?]
Replies: 22
Views: 1527

Re: Medicare

Hi, I am turning 65 this year. I plan to continue working for the next couple of years (or longer if possible) and I get my medical insurance through my employer. Do I have to sign up for Medicare Part A? (hospitalization coverage) I understand it's free but it's not clear to me what the advantages...
by TravelforFun
Sat Nov 11, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: Eliminating Ads on Samsung Tablet
Replies: 4
Views: 396

Re: Eliminating Ads on Samsung Tablet

I use my Samsung tablet everyday and don’t have this problem.

TravelforFun
by TravelforFun
Sat Nov 11, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Various HSA Questions
Replies: 9
Views: 779

Re: Various HSA Questions

Questions have been answered so I'm offering an advice. Because HSA is tax-free in and tax-free out, it's the best saving vehicle available and so my advice would be to invest the HSA in 100% equity, not use it now even for medical expenses, let it grow, and use it in retirement when medical and lon...
by TravelforFun
Sat Nov 11, 2017 12:22 pm
Forum: Investing - Theory, News & General
Topic: What do people mean when they say their SWR is X% or they have X times expenses?
Replies: 27
Views: 2067

Re: What do people mean when they say their SWR is X% or they have X times expenses?

If X is the before tax annual amount I need to have, Y is the number of years before I withdraw my social security (SS), then my Financial Independence amount would be: FI = XY+33(X-SS) You could make the formula more complicated to cover more scenarios including spousal benefits, pension, annuities...
by TravelforFun
Fri Nov 10, 2017 7:31 pm
Forum: Personal Consumer Issues
Topic: What backup service to use?
Replies: 28
Views: 2060

Re: What backup service to use?

I have two copies of all my files including pictures and videos. One copy resides on my home computer hard drive and the other on an external drive in my briefcase. House on fire? Grab the briefcase and run. I back up my files every time I modify them or add new files. I don't trust the cloud with m...
by TravelforFun
Fri Nov 10, 2017 12:57 pm
Forum: Investing - Theory, News & General
Topic: [Yahoo Finance no longer works - Alternatives to download securities quotes]
Replies: 242
Views: 19737

Re: How to Get Stock Quotes Into Excel

It died on 11/1. I now get my stock quotes like this: - set up a portfolio of all my stocks in Yahoo Finance and bookmark it - every time I open the bookmarked page, I see a list of my stocks, prices, volumes, etc. - click download to excel, an excel page opens with all my stock quotes - copy and pa...
by TravelforFun
Fri Nov 10, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is using a Roth IRA for saving for a vacation in 10 years a good idea?
Replies: 11
Views: 818

Re: Is using a Roth IRA for saving for a vacation in 10 years a good idea?

If you have a Roth, you want the money to stay in there as long as possible because all the gains are tax-free. Use other money like taxable or IRA.

TravelforFun
by TravelforFun
Fri Nov 10, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2393

Re: PayPal alternative?

I use Facebook payments a lot.

TravelforFun
by TravelforFun
Fri Nov 10, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable emergency fund for HI family?
Replies: 67
Views: 3758

Re: What is a reasonable emergency fund for HI family?

I don't have an emergency fund. I leave a few grands in my checking account and the rest is in stocks or bonds. I can sell a little bit of my stocks or bonds and get the money within a few days. I use my high-limit credit cards to make large purchases and pay them off when the bills arrive. Travelfo...
by TravelforFun
Thu Nov 09, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Where am I and where am I going?
Replies: 16
Views: 1751

Re: Where am I and where am I going?

I would withdraw more 3% of $3.5m is around $100k so now you would have $170k a year to work with (plus future SS) and your money would still last forever. Let live.

TravelforFun
by TravelforFun
Wed Nov 08, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone own a home and drop insurance coverage after mortgage paid off?
Replies: 61
Views: 5046

Re: Anyone own a home and drop insurance coverage after mortgage paid off?

My house is paid for. I have homeowner, automobile, umbrella, and long term care insurance. I have thought about canceling the homeowner insurance but haven't pulled the trigger yet. My home is about 10% of my asset. I might pull the trigger one of these days... may be after my roof is replaced afte...
by TravelforFun
Tue Nov 07, 2017 8:03 pm
Forum: Investing - Theory, News & General
Topic: "I took all my money out of the stock market and it feels amazing"
Replies: 69
Views: 8705

Re: "I took all my money out of the stock market and it feels amazing"

Obviously she's not a Boglehead. She doesn't have a desired AA and when she saw market reached an all-time high, she sold. Someone should keep an eye on when she's getting back in.

TravelforFun
by TravelforFun
Tue Nov 07, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Okay to paint exterior brick?
Replies: 34
Views: 1763

Re: Okay to paint exterior brick?

It doesn't look that hideous to me.

TravelforFun
by TravelforFun
Tue Nov 07, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice for paying off Mortgage.
Replies: 6
Views: 626

Re: Investment Advice for paying off Mortgage.

If you were sure you could get 8% a year, why would you want to pay off your mortgage? Why would you not want to continue to let that money grow?

TravelforFun
by TravelforFun
Sun Nov 05, 2017 8:14 pm
Forum: Personal Consumer Issues
Topic: GoDaddy - Any better options for website hosting?
Replies: 69
Views: 6560

Re: GoDaddy - Any better options for website hosting?

I post my travel blog on a site hosted by Webstarts. I find their templates easy to use and I pay $49 per year. My blog contains over 100 webpages with no ads. I'm happy with their service but the only problem is I don't know how easy it would be if I wanted to transfer my website to another host. T...
by TravelforFun
Sat Nov 04, 2017 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Is putting money in a 401k a bad idea?
Replies: 25
Views: 2417

Re: Is putting money in a 401k a bad idea?

It depends. Where I stand right now, I wished I hadn't maxed out my 401Ks and had put more in Roth and HSA.
by TravelforFun
Sat Nov 04, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: College student... Financial mess... Need advice...
Replies: 58
Views: 5653

Re: College student... Financial mess... Need advice...

Have you tried to offer a small sum of money for her to move out? May be $3k? With your degree you will make a lot of money after you graduate and this will be just a small blip on your financial radar but a great lesson to never cosign for or with anyone again. You made a smart move by detaching yo...
by TravelforFun
Thu Nov 02, 2017 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Does Retirement Make You Lazier?
Replies: 87
Views: 7574

Re: Does Retirement Make You Lazier?

My parents retired a few years ago. They were both overweight to the point of being obese. I remember that the normal ritual of coming home after work was eating a pizza or something together and then sitting in front of the TV for the rest of the night. They retired and something switched in them....
by TravelforFun
Thu Nov 02, 2017 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: 457b vs roth ira vs other places?
Replies: 5
Views: 412

Re: 457b vs roth ira vs other places?

What I have done all of what you suggest and still have money left to invest? Should I still use this 457b? In my case, I've put too much money in 401k and IRA accounts and my tax bracket when I'm forced to withdraw that money at age 70.5 will be higher than the tax brackets I was in when I was wor...
by TravelforFun
Thu Nov 02, 2017 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: WR calculation [Withdrawal Rate]
Replies: 40
Views: 2511

Re: WR calculation [Withdrawal Rate]

One thing to remember about RMD's is that they only usually start out at 3.65% and don't get above 7% until you are 86. See table III here. https://www.bogleheads.org/wiki/IRA_distribution_tables This means that you don't actually have to start drawing down the IRA until the RMD percentage exceeds ...
by TravelforFun
Thu Nov 02, 2017 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: 457b vs roth ira vs other places?
Replies: 5
Views: 412

Re: 457b vs roth ira vs other places?

Do you have 401k plan and a 457b plan at work? Do they match? 1)If the company provides the matching, invest just enough to get the match. If no match, skip this step 2) Max out your Roth 3) if you have a high deductible plan, max out the HSA 4) Pay off debts 5) Build up your emergency fund Travelfo...
by TravelforFun
Thu Nov 02, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Southwest Companion Pass [California only]
Replies: 39
Views: 3216

Re: Southwest Companion Pass [California only]

Too bad. I have companion pass until Dec 2018. Hope another deal comes out next year.

TravelforFun
by TravelforFun
Thu Nov 02, 2017 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: New 2 comma member
Replies: 28
Views: 2551

Re: New 2 comma member

Congratulations! The two-comma club is getting more crowded which is a good thing.

TravelforFun
by TravelforFun
Thu Nov 02, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Does Retirement Make You Lazier?
Replies: 87
Views: 7574

Does Retirement Make You Lazier?

I'm semi-retired. I began working three days a week starting last year and laziness has crept into me. When I was working full time, I came home and worked around the house most evenings and in the yard every weekend. Now I don't want to take the lawnmower out of the garage anymore, I've hired peopl...
by TravelforFun
Thu Nov 02, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: what % return do you use?
Replies: 62
Views: 4128

Re: what % return do you use?

I was in debt in 1984 when I began climbing out of the hole and since 1984, my net asset has been growing at an annualized rate of 28%. I don't own a business but my investments are mostly in stocks. I use 7% to project my net worth growth going foward.

TravelforFun
by TravelforFun
Wed Nov 01, 2017 7:54 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA for children
Replies: 38
Views: 2595

Re: ROTH IRA for children

I set our kids up with ROTHs @ age 12. I matched 100% of their earned income till age 18. So they each had ~$16-20k by age 18. Aren't they only allowed to contribute earned income to a Roth IRA? How can you "match" their income? You mean that you contributed for them up to their earned income (not ...
by TravelforFun
Tue Oct 31, 2017 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: New Car: Ever make sense to lease?
Replies: 84
Views: 5467

Re: New Car: Ever make sense to lease?

sambb wrote:
Mon Oct 30, 2017 9:39 pm
Im so glad i have leased. The invested money went up big in markets this year, and has easily paid the payment on my lease.
Lease was 100% the best move by FAR.
Would you have felt the same about the lease had the stock market been going down?

TravelforFun