Search found 1357 matches

by TravelforFun
Thu Aug 16, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Using ACA for early retirement years
Replies: 103
Views: 6029

Re: Using ACA for early retirement years

Health insurance is what drives my retirement timing. Two years ago, I started working part time because my employer allowed me to keep insurance for me and my wife if I can work three days a week and that's what I've been doing. I'm 66 and eligible for Medicare but my wife is 62.5 and not. I will w...
by TravelforFun
Thu Aug 16, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: Celebrating the day you retired
Replies: 46
Views: 2720

Re: Celebrating the day you retired

Sheepdog wrote:
Thu Aug 16, 2018 10:19 am
Faith20879 wrote:
Thu Aug 16, 2018 9:44 am
Classic! Sheepdog brings us some of the best stories on this board, always.
Thanks for the very kind words. God Bless.
Jim
I'm surprised Mr. Wood's company didn't throw him a big party and present him a big old gold watch.

TravelforFun
by TravelforFun
Thu Aug 16, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Spreadsheet Question
Replies: 10
Views: 848

Re: Spreadsheet Question

Have you added money to the account after the initial deposit? If you haven't the calculation is simple; if you have, it's more complicated especially if you've added money irregularly and in different amounts. In this case, set up your spreadsheet with columns for date, deposit amount, interest amo...
by TravelforFun
Wed Aug 15, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 98
Views: 4510

Re: Take auto loan 0.9% if I can afford cash?

I'd take the loan because I don't have money sitting around earning less than 0.9%.

TravelforFun
by TravelforFun
Sun Aug 12, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: How to have “what if” discussion with retired parents?
Replies: 48
Views: 4315

Re: How to have “what if” discussion with retired parents?

If your dad doesn't want to share information with your mom, I'd say we got a big problem here. How do we know he's not broke? I think your mom and the kids need to have a family meeting with your dad ASAP.

TravelforFun
by TravelforFun
Sun Aug 12, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: 401K loan vs taxable vs Roth IRA
Replies: 10
Views: 521

Re: 401K loan vs taxable vs Roth IRA

Hi. We are planning to buy a house in next 6 months. Downpayment money is in cash. In case we need to come up with extra cash, which one will be a better option: 1. Taxable account- will be paying 20% LTC gain tax. 2. Roth IRA- can withdraw contributions but won’t be able to put it back. 3. 401K lo...
by TravelforFun
Sun Aug 12, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Best HSA for "dormancy" account
Replies: 6
Views: 475

Re: Best HSA for "dormancy" account

Alright, another best HSA topic, but this is for the case of dormant account. No longer eligible for HSA contribution after a job change. I do have a sizable account with OptumBank, all in a single fund (Vanguard Total Stock). It was free of fees for employees, but $3/month for ex-employees. And th...
by TravelforFun
Sun Aug 12, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2409

Re: RMD's: take distributions vs selling

Now that I am in the RMD phase, is there any advantage to simply stopping reinvestments to accumulate cash for withdrawal vs selling a position at one time for withdrawal? You're required to withdraw a certain amount by RMD, if you need more than the withdrawal to live on then, yes I would stop the...
by TravelforFun
Sun Aug 12, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: How often do you check your brokerage accounts
Replies: 77
Views: 4722

Re: How often do you check your brokerage accounts

I look at them daily. Twice a day if the market is doing real well and may skip a day or two if the market is diving.

TravelforFun
by TravelforFun
Sun Aug 12, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: Cleaning gas grill
Replies: 40
Views: 3229

Re: Cleaning gas grill

I use copper mats. Put two on top of the grill racks, grill everything like usual then wash off the mats afterward. Nothing falls on the grill racks so no cleaning of the racks is needed.

TravelforFun
by TravelforFun
Sun Aug 05, 2018 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: From TD Ameritrade to ...
Replies: 19
Views: 1443

Re: From TD Ameritrade to ...

I currently have two accounts with TD Ameritrade (used to be with Scottrade), one brokerage and one Roth IRA. Each has about 30k in it. I haven't touched the accounts for 2-3 years due to other things in life. Now that things are better, I plan to make monthly contributions to both accounts. When I...
by TravelforFun
Sat Aug 04, 2018 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 14188

Re: Will you pay for your kids' college/graduate education?

We paid for our kids' in-state undergraduate degrees. Their employers paid for most of their MBA costs.

TravelforFun
by TravelforFun
Thu Aug 02, 2018 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Question to retirees - money or work/life balance?
Replies: 46
Views: 5225

Re: Question to retirees - money or work/life balance?

I have enough to retire but chose to work part time to keep me mentally sharp and luckily, I have accommodating boss and company that allowed me do it. I go into my office three days a week (Tuesday-Thursday), work with others, stay in touch with clients and consultants, hang out with the younger fo...
by TravelforFun
Thu Aug 02, 2018 11:20 pm
Forum: Investing - Help with Personal Investments
Topic: Getting rid of individual stocks
Replies: 37
Views: 4102

Re: Getting rid of individual stocks

The OP got AMZN. I'm not sure I would sell it now. I'd bought and sold AMZN a few times in the past and jumped back in by buying a bunch in March 2017. I think I'll hang on to it for a while.

TravelforFun
by TravelforFun
Wed Aug 01, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: This Water Leak is Maddening
Replies: 13
Views: 2081

Re: This Water Leak is Maddening

Need help from the pro-plumbers on this forum. There are two bathrooms, a washer and a dryer on the second floor of my home and everything drains toward a central horizontal sewer line along a joist bewteen the first floor and second floor, then empties into a vertical line in the exterior wall. Fo...
by TravelforFun
Wed Aug 01, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Health and cognitive issues at age 80 and beyond...and managing finances
Replies: 17
Views: 2164

Re: Health and cognitive issues at age 80 and beyond...and managing finances

Problems can begin even before cognitive issues show up. My former neighbor, who was a widower, was scammed out of his assets by a hottie even though he was still mentally sharp, had a will, and his kids were near by. There wasn't anything anyone could have done to prevent it.

TravelforFun
by TravelforFun
Tue Jul 31, 2018 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6070

Re: Effect of Current Income on Decision to Retire Early

OP, if you already have 40X, why continue to do something you neither like nor dislike for money? You will not run out of money if your withdrawal rate is 2.5% especially your X will be reduced when SS kicks in.

TravelforFun
by TravelforFun
Mon Jul 30, 2018 10:53 pm
Forum: Personal Consumer Issues
Topic: This Water Leak is Maddening
Replies: 13
Views: 2081

Re: This Water Leak is Maddening

Just poking in the dark : Was there any rain when the leak occurred - sometimes the boots around the vent stacks crack and shrink and allow water to run along the surface of the vent stack and it only drips off when it hits first horizontal bend. If you have any tile shower enclosures built with a ...
by TravelforFun
Mon Jul 30, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Soc Sec benefit estimates: Anyone get a nasty surprise when filing?
Replies: 61
Views: 7674

Re: Soc Sec benefit estimates: Anyone get a nasty surprise when filing?

Our actual benefits are a couple of dollars higher than the estimates.

TravelforFun
by TravelforFun
Mon Jul 30, 2018 10:22 pm
Forum: Personal Consumer Issues
Topic: This Water Leak is Maddening
Replies: 13
Views: 2081

This Water Leak is Maddening

Need help from the pro-plumbers on this forum. There are two bathrooms, a washer and a dryer on the second floor of my home and everything drains toward a central horizontal sewer line along a joist bewteen the first floor and second floor, then empties into a vertical line in the exterior wall. Fou...
by TravelforFun
Sun Jul 29, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: 401K withdrawal in first year of retirement? Tax question.
Replies: 16
Views: 1090

Re: 401K withdrawal in first year of retirement? Tax question.

So in your first year of retirement, you will have about $40K pension, $49K vacation time, and $10K bonus; and subsequent years you will only have about $48K pension.

I would not add any more income for 2019 by taking money out of your 401K. Do that after next year.

TravelforFun
by TravelforFun
Sun Jul 29, 2018 10:08 am
Forum: Personal Consumer Issues
Topic: LTC strategy: make health your hobby
Replies: 38
Views: 2986

Re: LTC strategy: make health your hobby

Somewhere in my education I picked up a CNA license (certified nurse assistant), that is, the person who bathes and changes the elderly in nursing homes (see my avatar). Because of that training & experience, my goal upon entering assisted living is to weigh as little as possible. I'm 6'4" and woul...
by TravelforFun
Sun Jul 29, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: When is it time?
Replies: 8
Views: 822

Re: When is it time?

I use all the retirement calculators and they all say I my wife and I will be OK if we retire in 3.5 years (ages 57, and 58 at that time). If we go though, we will have to bridge the gap in paying for healthcare for approx. 7 years, which is a concern. Our calculations include paying for the health...
by TravelforFun
Fri Jul 27, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Declining Years
Replies: 22
Views: 4700

Re: Declining Years

Not concerned.

My adult son lives near us, is the executor of my and my wife's will, and will be given the POA when the time comes. I give him an updated copy of my financial information at least once a year, and he knows where everything is.

TravelforFun
by TravelforFun
Fri Jul 27, 2018 6:08 am
Forum: Investing - Help with Personal Investments
Topic: Investing with a Developer
Replies: 48
Views: 3545

Re: Investing with a Developer

2) I pay the developer 15% of my investment amount up front. 6) Developer advertises and sells completed houses and transfers funds to my LLC account. Sale prices are typically 109% of land and construction cost. Let's see if I understand this. You give him 15%. Later on you may get a 9% profit on ...
by TravelforFun
Thu Jul 26, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion on first RMD withdrawal
Replies: 9
Views: 862

Re: Confusion on first RMD withdrawal

You should calculate your RMD amount using your 12/31/2017 401K and IRA statements.

TravelforFun
by TravelforFun
Thu Jul 26, 2018 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 2899

Re: The stock that got away

When it comes to investing, always look forward. No coulda or shoulda.

TravelforFun
by TravelforFun
Wed Jul 25, 2018 7:07 pm
Forum: Personal Consumer Issues
Topic: How to Learn Italian (a little) Before Trip to Italy
Replies: 34
Views: 2054

Re: How to Learn Italian (a little) Before Trip to Italy

I use YouTube. People posted language lessons of all kinds for all different levels. I usually spend a month before I go and take a lesson a day.

TravelforFun
by TravelforFun
Wed Jul 25, 2018 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Investing with a Developer
Replies: 48
Views: 3545

Re: Investing with a Developer

I asked you to shoot holes and shot you did. Thanks for convincing me not to waste any more time on this particular deal.

TravelforFun
by TravelforFun
Mon Jul 23, 2018 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Investing with a Developer
Replies: 48
Views: 3545

Re: Investing with a Developer

There were several of these schemes in my area circa 2005-2007 right before the housing market blew up. The developer was typically a small time builder who was too overleveraged trying to take advantage of the boom and had too crummy credit to get financing from a bank. Basically the bag holders (...
by TravelforFun
Mon Jul 23, 2018 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Investing with a Developer
Replies: 48
Views: 3545

Re: Investing with a Developer

I've participated in other real estate partnerships in north Texas, but never a development deal. In my experience, a 15% fee is common. If not a direct fee, I've typically paid a 15% "promote," where the folks who find, structure and manage the transaction and renovation process (who may or may no...
by TravelforFun
Mon Jul 23, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investing with a Developer
Replies: 48
Views: 3545

Re: Investing with a Developer

So basically the developer is making a bulk sale of properties and shifting the risk to you in a scheme with lots of moving parts, any one of which could break down and wreck the whole thing. Since you are asking about this on Bogleheads, I assume you have zero experience in doing this. It would be...
by TravelforFun
Mon Jul 23, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Investing with a Developer
Replies: 48
Views: 3545

Investing with a Developer

A residential developer in North Texas has offered me an investment opportunity that works like this: 1) I set up a LLC, open a bank account in the name of the LLC and deposit money in it. Minimum investment is $1M. 2) I pay the developer 15% of my investment amount up front. 3) The developer has bo...
by TravelforFun
Mon Jul 23, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: FSA-spouse, HSA-me
Replies: 17
Views: 1142

Re: FSA-spouse, HSA-me

HR can tell you whether your choice is allowable but the best option could be one of you buys the high deductible family coverage but maxes out the HSA.

TravelforFun
by TravelforFun
Mon Jul 16, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 46
Views: 3959

Re: How often do you buy a primary residence?

If the new home is 1.05X and the old home is at least 1.08X, the new home has to be less than the old home from a yard size, interior square footage, or amenity basis. Moving to a new home would incur costs that may not be included in your neighbors' calculations: - Home selling (time and money) - M...
by TravelforFun
Sat Jul 14, 2018 6:49 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 13813

Re: Saving 20% of paycheck isn't enough

so early retirement requires a much higher savings rate. so yes. 10% will not cut it. Said who? I've never saved more than 10% of my income while I was working full time and could retire at 62 ( but I chose to work part time at 62). Your net asset is the result of a combination of things including ...
by TravelforFun
Sat Jul 14, 2018 12:24 pm
Forum: Personal Consumer Issues
Topic: Be Careful Using Mailboxes
Replies: 62
Views: 8659

Re: Be Careful Using Mailboxes

I do everything only including making donations to charities.

TravelforFun
by TravelforFun
Sat Jul 14, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Would you trade experiences in your youth for early retirement
Replies: 81
Views: 5515

Re: Would you trade experiences in your youth for early retirement

Bought a Mercedes at 30. Biggest financial mistake I've ever made and the experience it gave me was so temporary.

TravelforFun
by TravelforFun
Thu Jul 12, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Ins. Claim: How do you decide whether to file a claim or pay out of pocket?
Replies: 17
Views: 1130

Re: Auto Ins. Claim: How do you decide whether to file a claim or pay out of pocket?

I would always get the insurance company involved if there is a third party involved. Are you including the situation where you come back to your parked car and discover that somebody backed into the fender and left a small dent? If this happened to me, and the repair cost was less than $1000, ther...
by TravelforFun
Thu Jul 12, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: Classical Guitar Experts, What's the Name of this Song?
Replies: 4
Views: 733

Re: Classical Guitar Experts, What's the Name of this Song?

Thanks folks. I'll look it up.

TravelforFun
by TravelforFun
Wed Jul 11, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 9522

Re: What rate of return are you using for retirement projections?

Can someone post what returns are needed to support 4% and 5% + inflation adjustment yearly withdrawals? Thanks Then the real return needs to be 4% and 5% for 4% and 5% annual withdrawal (SWR), respectively, in order for your money to last forever. I'm projecting 5% real return and my SWR will be 3...
by TravelforFun
Wed Jul 11, 2018 11:16 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1134
Views: 195295

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

My guess is, like credit card rewards, they will clamp down on this eventually. I mean, to pay out 4 figures and me never make a trade cannot pay off for them. I guess it depends on what the ratio of churners to new customers is. I don't understand why most credit card companies have not gone the A...
by TravelforFun
Wed Jul 11, 2018 11:07 pm
Forum: Personal Consumer Issues
Topic: Classical Guitar Experts, What's the Name of this Song?
Replies: 4
Views: 733

Classical Guitar Experts, What's the Name of this Song?

It starts at 51:50 on this video: https://www.youtube.com/watch?v=H3tnRfKz0fc

Not one of the most famous classical guitar pieces but it has stuck with me for a long time and I've been searching for its name all these years.

TravelforFun
by TravelforFun
Wed Jul 11, 2018 6:55 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1134
Views: 195295

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Schwab gave us a bonus on our joint brokerage account and a bonus on an IRA account. how much bonus? I already have a joint brokerage there but hold most assets elsewhere. I might be tempted to move IRAs from Vanguard Your bonus will depend upon the amount you move to Schwab. You’ll have to call an...
by TravelforFun
Sun Jul 08, 2018 5:07 pm
Forum: Personal Consumer Issues
Topic: garden hose
Replies: 46
Views: 4755

Re: garden hose

JLJL wrote:
Wed May 18, 2016 1:45 pm
Every time I log on to Bogleheads I end up spending $400 on Amazon. This site is having the opposite intended effect.
Haha ... I almost bought an indoor sauna once.

TravelforFun
by TravelforFun
Sun Jul 08, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Long Cruises
Replies: 20
Views: 1789

Long Cruises

Who has been on months-long cruises where you visited dozens of cities/countries? How did you like/dislike them?

TravelforFun
by TravelforFun
Sun Jul 08, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs Schwab
Replies: 18
Views: 2080

Re: Fidelity vs Schwab

I have accounts at Fidelity, Schwab, and TDAmeritrade but I'd vote for Schwab because of their Streetsmart Edge software plus the annual golf tournament passes they give me.

TravelforFun
by TravelforFun
Sun Jul 08, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: Vanguard - What will the real return be for stocks and bonds over the next ten years?
Replies: 46
Views: 5266

Re: Vanguard - What will the real return be for stocks and bonds over the next ten years?

I use 7% to project my net worth because that makes me go 'Wow' when I look at my projected net worth in 10 -15 years. :D

TravelforFun
by TravelforFun
Sun Jul 08, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: HSA account
Replies: 5
Views: 428

Re: HSA account

If you chose the high deductible plan, you would save on the premium, plus income taxes on HSA contributions which are $3,450 (individual) or $6,900 (family) a year. Assuming you're in 22% tax brackets, you would save $759 (individual) or $1,518 (family). Yes I'd go with high deductible plan. Travel...
by TravelforFun
Fri Jul 06, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: Anyone use Gate 1 Travel?
Replies: 15
Views: 1521

Re: Anyone use Gate 1 Travel?

niceguy7376 wrote:
Fri Jul 06, 2018 5:26 pm
TravelforFun wrote:
Fri Jul 06, 2018 5:09 pm
Nothing to write home about.
Does this mean that it is a negative feedback on them?
Nope. The one tour we took with Gate 1 (Greece) was just average, nothing stood out. Of course, the price we paid for was average as well.

TravelforFun