Search found 1526 matches

by TravelforFun
Sun Dec 09, 2018 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3105
Views: 602326

Re: What's Your Credit Card Rewards Strategy?

Currently, for personal reasons, I have little need for air travel, so what are other valuable uses for Amex Membership Rewards points and Citi Thank You Points? I do use my UR points, by transferring to Hyatt. Thanks I closed my Amex card recently and used the 85k points I had accumulated from sig...
by TravelforFun
Sun Dec 09, 2018 1:25 am
Forum: Personal Finance (Not Investing)
Topic: ACA, COBRA, and Medicare
Replies: 9
Views: 771

Re: ACA, COBRA, and Medicare

Option 1, Retire in August. Cost for COBRA is $1,800 a month for 18 months. This is for both of us since I have to be on the policy. You should check on that, that does not sound right, I am about 99% sure that you can be on Medicare and your wife can still get COBRA. You may need to do something l...
by TravelforFun
Sun Dec 09, 2018 1:18 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3105
Views: 602326

Re: What's Your Credit Card Rewards Strategy?

Schwab would give you $2,400 if you add $1 million to your Schwab account. 0.24% for the hassle of opening a new brokerage account and transferring $1,000,000? No hassle. I called Schwab, they told me what to do, I did it online, printed some forms, signed, and send them off and the whole account g...
by TravelforFun
Sat Dec 08, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Best place for children’s money.
Replies: 17
Views: 1275

Re: Best place for children’s money.

I opened an UTMA account for each of my grandkids, seed it with some money, then add to it at birthday and Christmas. The money is invested in 100% stock. I'll show them how to monitor and manage the account when they're old enough.

TravelforFun
by TravelforFun
Sat Dec 08, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: ACA, COBRA, and Medicare
Replies: 9
Views: 771

ACA, COBRA, and Medicare

I'm 66 and my wife is 62. I transitioned from a full time job to part time a couple of years ago to have more time for myself while staying engaged and maintaining our medical insurance; and it has been working out great. Lately, I've been thinking about retirement. There are some places we like to ...
by TravelforFun
Wed Dec 05, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: How far back can HSA Expenses go?
Replies: 14
Views: 1524

Re: How far back can HSA Expenses go?

I wouldn't worry about keeping current medical receipts (you're only 27). When you get old, use your HSA account to pay your big medical bills including medicare premium or long term care expenses.

TravelforFun
by TravelforFun
Wed Dec 05, 2018 6:13 pm
Forum: Personal Consumer Issues
Topic: Looking for a nice travel watch... recommendations?
Replies: 41
Views: 2349

Re: Looking for a nice travel watch... recommendations?

I stop wearing other watches after I got my Apple watch. It changes time automatically as you go from one time zone to another, it's waterproof, and you can change the band in 30 seconds.

TravelforFun
by TravelforFun
Sun Dec 02, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: "The Steak Dinner Annuity Pitch"
Replies: 60
Views: 7163

Re: "The Steak Dinner Annuity Pitch"

I got invited to a presentation at a nice steakhouse (Ruth Chris) by a local financial adviser I've heard of. After an hour and a half of presentation which I thought was engaging, they started serving dinner but it was too late for me then so I left. I got a call the next day from the adviser apolo...
by TravelforFun
Sun Dec 02, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Proper way to retire
Replies: 57
Views: 6359

Re: Proper way to retire

I would not think it's proper to give a two-week notice then take off. You must not have a very good relationship with your supervisor to have considered doing this and if that's the case, I wouldn't be surprised if they asked for your resignation right away.

TravelforFun
by TravelforFun
Sun Dec 02, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: Transfer iphone photos to Windows 10 PC
Replies: 12
Views: 757

Re: Transfer iphone photos to Windows 10 PC

OP, the process is very simple. I do this every week. Connect your iPhone to your PC then open the iPhone folder on your PC and transfer the content from your iPhone folder to your various PC folders. Before this operation, the iPhone would ask you if you 'trust this computer', tap on 'Allow'. Trave...
by TravelforFun
Sun Dec 02, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: What percent of Managers beat the market BEFORE fees?
Replies: 94
Views: 5946

Re: "The Arithmetic of Active Management"

andysnip: Welcome to the Bogleheads Forum! Professor WIlliam Sharpe, a Nobel Laureate, helps answer your question in his famous THE ARITHMETIC OF ACTIVE MANAGEMENT Best wishes. Taylor The article concludes that 'after costs, the return on the average actively managed dollar will be less than the re...
by TravelforFun
Sat Dec 01, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: Why did the bond market lose money this year
Replies: 39
Views: 3544

Re: Why did the bond market lose money this year

I see, thanks for explanation. Considering interest rates will only continue to rise wouldnt the total bond market just continue to fall? You don't know that interest rates will only continue to rise. No one knows that. If they did they could use that knowledge to become very rich very quickly. All...
by TravelforFun
Fri Nov 30, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Nullify Sequence of Returns Risk by Borrowing?
Replies: 31
Views: 1934

Re: Nullify Sequence of Returns Risk by Borrowing?

If you buy a $1 million single premium immediate annuity, it might pay you $50-$60k a year until both of you pass. Combining that with your wife's disabilityincome of $20k a year, you may have enough.

TravelforFun
by TravelforFun
Fri Nov 30, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: For those of us that can't max contribute
Replies: 43
Views: 2633

Re: For those of us that can't max contribute

If my tax bracket is 22% or less, I would do:

1) Emergency fund (you already have)
2) HSA (tax free both ways)
3) Roth for both of you
4) Pay off debts (higher interest first)

TravelforFun
by TravelforFun
Fri Nov 30, 2018 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Appropriate HSA Allocations
Replies: 8
Views: 719

Re: Appropriate HSA Allocations

WannabeBogleHead01 wrote:
Fri Nov 30, 2018 3:28 pm
mhalley wrote:
Fri Nov 30, 2018 2:05 pm
Some have advocated higher stock allocations to Roth, and to me that logic applies even more to the hsa.
+1

Our HSA and Roth’s are 100% stock, with Bonds in 401k. Overall AA is 70/30 stocks/bonds.
Same here. My Roth and HSA are 100% equities.

TravelforFun
by TravelforFun
Sun Nov 25, 2018 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop and settle at one place?
Replies: 27
Views: 3077

Re: When to stop and settle at one place?

Hi everyone, At what point in life one should stop moving for better opportunities which involves relocation etc? I am constantly trying to improve my skills and always looking for better jobs. However, it disrupts all house related and other future plannings. Thank you. You will know when that poi...
by TravelforFun
Sun Nov 25, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: It is time for a Retirement Plan
Replies: 8
Views: 985

Re: It is time for a Retirement Plan

Back of envelope cals: - You have $850k now and will have $1 million in four years at age 60, the age you want to retire. - You need $96k a year which would be partially covered by your pension of $60k starting at age 60 leaving you a shortfall of $36k a year between age 60 to age 67. At 67, your SS...
by TravelforFun
Sun Nov 25, 2018 1:41 pm
Forum: Forum Issues and Administration
Topic: SITE OFFLINE (Nov 25) Sunday, 5:00 PM Eastern (22:00 UTC) - software upgrade
Replies: 21
Views: 1567

Re: SITE OFFLINE Sunday, 5:00 PM Eastern (22:00 UTC) - software upgrade

Thank you for all the hard work Boglehead volunteers putting into this.

TravelforFun
by TravelforFun
Fri Nov 23, 2018 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: ignore
Replies: 8
Views: 1549

Re: SocSec widow benefits confirmation

2. If you die anytime after Feb 2023, your wife can apply for survivor's benefits. Full benefits at her full retirement age or reduced benefits as early as age 60. She doesn't need to wait until 2028 if she doesn't want to.

TravelforFun
by TravelforFun
Thu Nov 22, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Do you need to invest mostly in stocks to get rich?
Replies: 178
Views: 17003

Re: Do you need to invest mostly in stocks to get rich?

There is no way we could be where we are today without keeping 80% of our asset in equities starting 40 some years ago. There was no wavering even during the 90s recession, the dot.com bust in 2000, or the financial crisis of 2007.

TravelforFun
by TravelforFun
Thu Nov 22, 2018 12:55 pm
Forum: Personal Consumer Issues
Topic: Beaches Resort on Turks and Caicos
Replies: 6
Views: 1383

Beaches Resort on Turks and Caicos

Who have been there? Do you like it or not? I'm thinking about booking a trip there to celebrate our 42nd anniversary in February. Advice appreciated.

TravelforFun
by TravelforFun
Thu Nov 22, 2018 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: social security treatment with income
Replies: 4
Views: 824

Re: social security treatment with income

This article explains very well how your SS benefits are taxed.

https://www.forbes.com/sites/kellyphill ... e8721d45d5

TravelforFun
by TravelforFun
Thu Nov 22, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: FOMO and Closed Funds
Replies: 16
Views: 1754

Re: FOMO and Closed Funds

wolf359 wrote:
Tue Nov 20, 2018 7:03 am
Check out StockChoker.

http://stockchoker.com/

Tells you what your return would have been if you had bought a specific stock on a specific date.

Just for fun.
Great website. Thanks for sharing.

TravelforFun
by TravelforFun
Thu Nov 22, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15046

Re: Black Friday 2018

Looking for an OLED 4k TV, 77" or bigger. Also, what would be the best way to sell a 2-year-old, 65" LED TV? I'm trying to avoid craightlisting it. TravelforFun Looks like NewEgg has the best deal for the 77” https://flash.newegg.com/Product/9SIA9KB7GH5725?nm_mc=KNC-GoogleAdwordsNF-Mobile&cm_mmc=KN...
by TravelforFun
Thu Nov 22, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2033
Views: 378303

Re: What are you up YTD? [Year To Date]

10.5% YTD. My asset is approximately 43% stock mutual funds, 30% individual stocks, and 27% cash/bonds/CDs. Travelfor Fun Down to 5.9% as of 10/13/2018 TravelforFun Down to 2.1% as of 10/24/2018. There are still four trading days left in the month but it is clear that in term of dollars, October 20...
by TravelforFun
Thu Nov 22, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: What financial information do you share with your family and relatives?
Replies: 112
Views: 9701

Re: What financial information do you share with your family and relatives?

We give our adult kids our updated financial information every year. It's on a list and includes financial institutions, account numbers, amounts, insurance information including long term care, social security benefits, etc. They also have a copy of my and my wife's will. We don't want them to have...
by TravelforFun
Wed Nov 21, 2018 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 338
Views: 37982

Re: Anyone tired of the stock market going up?

About a month ago I was feeling that the market was getting a little "frothy". Things were so good that I was nervous and thinking about taking some chips off the table in my AA of 60:40. I'm close to 60 years old so I was seriously considering a change to 50:50. Not too drastic but it would help m...
by TravelforFun
Wed Nov 21, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15046

Re: Black Friday 2018

Looking for an OLED 4k TV, 77" or bigger. Also, what would be the best way to sell a 2-year-old, 65" LED TV? I'm trying to avoid craightlisting it. TravelforFun Boy, the prices on 77” OLEDs have come down! It’s all relative I guess, but at <$7k it’s a bargain. Now I wish that I hadn’t bought my mos...
by TravelforFun
Wed Nov 21, 2018 3:14 pm
Forum: Personal Consumer Issues
Topic: Selling Internet domain name based on family last name.
Replies: 36
Views: 3691

Re: Selling Internet domain name based on family last name.

A consultant recommended we change our company name recently and we liked the new name so much because it fits our vision. However, since the exact domain name has already been taken and we didn't want to pay the price the domain name owner asked, we just created a new domain name with exactly the s...
by TravelforFun
Wed Nov 21, 2018 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Current Retirees: Do you touch your principal?
Replies: 79
Views: 8232

Re: Current Retirees: Do you touch your principal?

Isn't the "safest of the safe" liability matching portfolio explicitly based on spending down principle for the first 10-20 years, or until SS or pensions kick in? In other words, you set up the TIPS or bond funds with the specific intention of selling a certain amount each year to cover your expen...
by TravelforFun
Wed Nov 21, 2018 7:54 am
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15046

Re: Black Friday 2018

Looking for an OLED 4k TV, 77" or bigger. Also, what would be the best way to sell a 2-year-old, 65" LED TV? I'm trying to avoid craightlisting it. TravelforFun Boy, the prices on 77” OLEDs have come down! It’s all relative I guess, but at <$7k it’s a bargain. Now I wish that I hadn’t bought my mos...
by TravelforFun
Tue Nov 20, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Current Retirees: Do you touch your principal?
Replies: 79
Views: 8232

Re: Current Retirees: Do you touch your principal?

I think the OP, and some of us, would like to know: is your net worth keeps decline during retirement years, steady, or actually rises? It depends on when they retire. People who retired in 2012 are doing very well but people who are retiring this year or next are heading into rough sea. The so cal...
by TravelforFun
Sun Nov 18, 2018 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: A Few Questions About Spousal IRAs
Replies: 2
Views: 321

Re: A Few Questions About Spousal IRAs

Hello Boglehead, I recently learned about the spousal Roth IRA and I just wanted to ask a few questions before I got one started. My wife doesn't work, we file jointly, and I make ~$34k annually. I have a Roth IRA of my own and participate in a 403(b) through my work. Just to be certain I understan...
by TravelforFun
Sun Nov 18, 2018 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3105
Views: 602326

Re: What's Your Credit Card Rewards Strategy?

I'll probably net around $4000-$5000 this year in various bonuses, without a lot of effort. To each his own. [ quote fixed by admin LadyGeek] The real money is in the brokerage bonuses, if you have a nice nest egg. Can you elaborate on this? Schwab would give you $2,400 if you add $1 million to you...
by TravelforFun
Sun Nov 18, 2018 12:16 pm
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15046

Re: Black Friday 2018

jebmke wrote:
Sun Nov 18, 2018 11:43 am
runner3081 wrote:
Sun Nov 18, 2018 11:36 am
Not a single thing.
the older we get, the more we cut back on "things." We have a general rule - if you buy one thing you have to give away/throw away/recycle at least two things.
Same rule is enforced at this semi-boglehead's house.

TravelforFun
by TravelforFun
Sun Nov 18, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Is my husband ready to quit tenured professorship to pursue side hustle?
Replies: 97
Views: 10386

Re: Is my husband ready to quit tenured professorship to pursue side hustle?

Not counting your house, you have about $750k in asset Your expenses after taxes is $65k, that means you probably need $85k of pre-tax income to cover them. I wouldn't count Textbook 2 income because right now it's only for two years. At his age 70, you family pre-tax income is $75k including the gi...
by TravelforFun
Sun Nov 18, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15046

Re: Black Friday 2018

Looking for an OLED 4k TV, 77" or bigger.

Also, what would be the best way to sell a 2-year-old, 65" LED TV? I'm trying to avoid craightlisting it.

TravelforFun
by TravelforFun
Sat Nov 17, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Why I plan on buying a life annuity - even if it is a stupid idea
Replies: 117
Views: 10740

Re: Why I plan on buying a life annuity - even if it is a stupid idea

Input a deferred annuity or pay a premium now and start receiving at age 70 and see what you get. TravelforFun Why would I do that? I am looking for a car, you are asking me to price a snowmobile. And what makes you think that the answer to the problem that you are posing is going to be satisfactor...
by TravelforFun
Sat Nov 17, 2018 12:57 pm
Forum: Investing - Theory, News & General
Topic: Ed Slott & Roth Conversions
Replies: 45
Views: 3569

Re: Ed Slott & Roth Conversions

Yes there is a logic to his approach for some people. If you have a very large IRA, retire early, and can live on your taxable account, you should convert as much as possible from tIRA to Roth to fill up the lower tax brackets. Do this every year until age 70 and that should reduce your RMD signific...
by TravelforFun
Sat Nov 17, 2018 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Why I plan on buying a life annuity - even if it is a stupid idea
Replies: 117
Views: 10740

Re: Why I plan on buying a life annuity - even if it is a stupid idea

If I currently input: - 45 year old male, 45 year old female, - midwestern state, - single payment, - immediate benefit annuity, I get something like 4.5%+. That's a terrible rate. Right because at age 45 the insurance company has to plan on paying you for 40 years. Input a deferred annuity or pay ...
by TravelforFun
Fri Nov 16, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: Question about Roth conversion
Replies: 33
Views: 1934

Re: Question about Roth conversion

3. Does the conversion in any way limit or restrict my ability to contribute to a Roth or traditional IRA? Help appreciated. 3. No, you should be able to contribute based on spouse's income and your age. 3. Yes it could. The amount you convert from IRA to Roth is considered income and there is an i...
by TravelforFun
Fri Nov 16, 2018 8:05 pm
Forum: Investing - Theory, News & General
Topic: Question about Roth conversion
Replies: 33
Views: 1934

Re: Question about Roth conversion

Newly retired without about 3 years before RMDs kick in. Wife still works, but our tax bracket will drop to 12%. As a result, I am thinking of converting as much of my traditional IRA to a Roth as reasonable since my tax bracket will be higher later. Questions: 1. Is this a good strategy (anything ...
by TravelforFun
Fri Nov 16, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: 38 & 43 with pension and $1M in assets considering increasing spending
Replies: 18
Views: 2149

Re: 38 & 43 with pension and $1M in assets considering increasing spending

If I could live on my pensions after I retire then I would withdraw 3% from my assets annually to live more comfortably now. My money would last in perpetuity with 3% withdrawal rate. TravelforFun Is that 3% rate considered safe even when started at 38 instead of 68? I'd thought a lower percentage ...
by TravelforFun
Fri Nov 16, 2018 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Why I plan on buying a life annuity - even if it is a stupid idea
Replies: 117
Views: 10740

Re: Why I plan on buying a life annuity - even if it is a stupid idea

For those who have SPIA, do you have a COLA SPIA? Thinking about getting one for us.

TravelforFun
by TravelforFun
Fri Nov 16, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: 38 & 43 with pension and $1M in assets considering increasing spending
Replies: 18
Views: 2149

Re: 38 & 43 with pension and $1M in assets considering increasing spending

If I could live on my pensions after I retire then I would withdraw 3% from my assets annually to live more comfortably now. My money would last in perpetuity with 3% withdrawal rate.

TravelforFun
by TravelforFun
Fri Nov 16, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: One food I could never give up
Replies: 33
Views: 1809

Re: One food I could never give up

Pho or Vietnamese noodle soup.

TravelforFun
by TravelforFun
Tue Nov 13, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3105
Views: 602326

Re: What's Your Credit Card Rewards Strategy?

I get my companion passes in January so it is good for 23 months. It's great that you can time it like that. I'm sitting here waiting for January to come. TravelforFun For a while you could apply for the Business and personal Southwest cards from chase, and get bonuses from both. I think that they ...
by TravelforFun
Mon Nov 12, 2018 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3105
Views: 602326

Re: What's Your Credit Card Rewards Strategy?

I get my companion passes in January so it is good for 23 months. It's great that you can time it like that. I'm sitting here waiting for January to come. TravelforFun For a while you could apply for the Business and personal Southwest cards from chase, and get bonuses from both. I think that they ...
by TravelforFun
Mon Nov 12, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3105
Views: 602326

Re: What's Your Credit Card Rewards Strategy?

sco wrote:
Mon Nov 12, 2018 8:35 pm
I get my companion passes in January so it is good for 23 months.
It's great that you can time it like that. I'm sitting here waiting for January to come.

TravelforFun
by TravelforFun
Mon Nov 12, 2018 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3105
Views: 602326

Re: What's Your Credit Card Rewards Strategy?

Just got approved for the Southwest Plus Card, a personal card which will give me 40,000 points after I spend $1,000 in three months. With the Southwest business card and the personal card, I'm ready to charge a total of $10,000 on these two cards in January to get 110,000 points and hence, the Com...