Search found 782 matches

by sergeant
Thu May 24, 2018 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Exiting a variable annuity
Replies: 12
Views: 1031

Re: Exiting a variable annuity

Frank Grimes wrote:
Thu May 24, 2018 2:28 pm
Bullet bitten - I have sent in my paperwork to do the transfer of my annuity. At least I'm getting out more than I put in a year and a half ago, so I didn't lose money.
I doubt it. Show your numbers AFTER you (or IRA provider) receive the check.
by sergeant
Tue May 22, 2018 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: How do you stop moving the goal posts.
Replies: 62
Views: 4649

Re: How do you stop moving the goal posts.

How do you know that your balances will go down? You could end up drawing far less than your accounts go up. Goals are good but not when they keep one working when he would rather start enjoying retirement.
by sergeant
Mon May 21, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Buy this home?
Replies: 39
Views: 3840

Re: Buy this home?

That's a good down payment, did you save it or is it from a relative? Your emergency fund looks good. How much in your retirement accounts? Your income looks good for that payment amount.

I can't answer without more information.
by sergeant
Fri May 18, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: vitamins and supplements
Replies: 11
Views: 842

Re: vitamins and supplements

This is not medical advice. I think that unless you have been proven to be deficient in something vitamins create expensive urine, and can be harmful.
by sergeant
Mon May 14, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Review of assert allocation for possible house downpayment
Replies: 12
Views: 715

Re: Review of assert allocation for possible house downpayment

Real estate is location specific and who knows what the ROI will be over the next 20 years. In the past a diversified stock portfolio has, with a few exceptions, returned more than a residence in which you occupy.
by sergeant
Sat May 12, 2018 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage question: 20% down or larger down payment?
Replies: 47
Views: 4646

Re: Mortgage question: 20% down or larger down payment?

Thanks for all the responses guys. Preapproval is at 4.5% with 30 year mortgage and 20% down. But then again the preapproval is for an amount much larger than we need. Don't aim to be house poor. We are aiming for a home around the 500k mark. Our max loan amount is 400k with a 20% down payment but ...
by sergeant
Sat May 12, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Ameriprise feedback needed
Replies: 9
Views: 794

Re: Ameriprise feedback needed

You can use the search function located in the upper right of this page.
by sergeant
Sat May 12, 2018 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Semi-windfall for a long-time Boglehead
Replies: 23
Views: 2974

Re: Semi-windfall for a long-time Boglehead

1) Seems a bit early for the CPA. 2) It all depends... you say it will increase your net worth by a factor of 2 or 3. What is your approx. net worth now? If you will be making several million with this windfall vs. a hundred grand my answer would be different. Generally I would just invest it per my...
by sergeant
Thu May 10, 2018 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice from Pension Fund Manager - Should I listen?
Replies: 39
Views: 1708

Re: Investment Advice from Pension Fund Manager - Should I listen?

Good points. I wanted to clarify he suggested ONLY SELLING THE GAINS and not getting completely out. You guys are definitely talking me down from the ledge even though I am 30yrs out from retiring. The "gains" of such a small portfolio are almost too small to have any real impact on your long term ...
by sergeant
Thu May 10, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: [Golf ball] cracked my house window. Do I have any recourse?
Replies: 68
Views: 6956

Re: [Golf ball] cracked my house window. Do I have any recourse?

I lived on a course for 7 years. My rear patio was in a perfect spot and we rarely got balls from that side. The front of our place was another story. It was about 225 yards from the 18th tee. Everyone with a bad slice would hit the roof of the garage or side of our townhome. After a ball came throu...
by sergeant
Wed May 09, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Resignation letter
Replies: 66
Views: 6463

Re: Resignation letter

Did your wife ask for your "help"? I bet she can handle this fine on her own. Too many times us guys try to solve problems that aren't really a problem and just end up involved in something we shouldn't have stuck our noses into. Do you think I want to get involved? Far from that but what can a guy...
by sergeant
Tue May 08, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Resignation letter
Replies: 66
Views: 6463

Re: Resignation letter

Did your wife ask for your "help"? I bet she can handle this fine on her own. Too many times us guys try to solve problems that aren't really a problem and just end up involved in something we shouldn't have stuck our noses into.
by sergeant
Thu May 03, 2018 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance is getting complicated
Replies: 32
Views: 5150

Re: Inheritance is getting complicated

You will have little or no tax consequences from this inheritance. You don't need to be in a hurry to do anything. In reading between the lines I suggest absolutely not mingling the inherited assets with your husband.

And really this isn't complicated.
by sergeant
Mon Apr 30, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: Dilbert Creator: If everyone indexed...
Replies: 39
Views: 6931

Re: Dilbert Creator: If everyone indexed...

This thread was started 4 years ago.
by sergeant
Sat Apr 28, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1406629

Re: U.S. stocks in freefall

cfs, can you please stop posting the same thing over and over? Thank you for the note, y gracias por leer / cfs The repetitive posting is annoying to me as well... Many of the other posts on here are pretty repetitive - on days when stocks are up people ironically post "what freefall?" When stocks ...
by sergeant
Fri Apr 27, 2018 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Would you critique my portfolio please? Thanks!
Replies: 14
Views: 1568

Re: Would you critique my portfolio please? Thanks!

I would look here at the 3 fund portfolio and start moving towards it. I'm not a big fan of so many funds. Your AA seems aggressive but I'm four years older and have "won the game" so feel comfortable at 50% equities/ 50% stable value, MM, and Cd's. About half of our equities are international. Many...
by sergeant
Fri Apr 27, 2018 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Ameriprise :(
Replies: 64
Views: 9049

Re: Ameriprise :(

I've been reading Bogleheads every chance I get and although the plan is amazingly simple, getting there is going to be tricky :? I'm working on a post to request help with what to do with the positions currently under our control. We have things scattered all over and I'm still trying to work out ...
by sergeant
Fri Apr 27, 2018 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: PERS pension, should we do more Roth ?
Replies: 5
Views: 729

Re: PERS pension, should we do more Roth ?

Are you sure of the higher tax bracket? I'm not seeing it with a 40-50% pension and the size of your assets. I guess it's possible but not on the limited information provided.
by sergeant
Thu Apr 26, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: White Coat Investor Interviews Paul Merriman
Replies: 37
Views: 6442

Re: White Coat Investor Interviews Paul Merriman

I love this place! Thank you Mr. Merriman.
by sergeant
Thu Apr 26, 2018 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: More aggressive portfolio with a pension?
Replies: 42
Views: 3693

Re: More aggressive portfolio with a pension?

It depends! A pension (like mine) that provides 300% of your expenses could certainly allow someone to be more aggressive with their AA. A pension (like yours) that provides 40% of your expenses, not so much. You should probably pick an AA that you are comfortable with and meets your objectives in p...
by sergeant
Wed Apr 25, 2018 10:53 pm
Forum: Personal Consumer Issues
Topic: How did you tell the boss you're leaving/retiring?
Replies: 129
Views: 9246

Re: How did you tell the boss you're leaving/retiring?

At my agency a list is kept and updated every month. It shows all employees age and start dates and when they reach max retirement. No reason to give notice as almost everybody left near max. You just send an email to HR and fill out some paperwork. No one has had a retirement party in two decades. ...
by sergeant
Wed Apr 25, 2018 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Criteria used to make Roth Conversion decision
Replies: 48
Views: 4049

Re: Criteria used to make Roth Conversion decision

Bacchus01 wrote:
Tue Apr 24, 2018 6:32 pm
As a potential early retiree, whenever I run I-orp, irrespective of max marginal Roth Conversion bracket, it has me doing all my converting prior to age 55. Why is that?
I haven't run the program but maybe it wants quicker conversions to allow more time in Roth?
by sergeant
Wed Apr 25, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Max-funding an Index Universal Life policy to the IRS limit??
Replies: 108
Views: 5977

Re: Max-funding an Index Universal Life policy to the IRS limit??

Congratulations! I really, REALLY thought you were going to keep this stinker based on your replies to those of us who were negative on UL. A year or two from now you will look back and realize how fortunate you were to get out with only 9k gone. Stick around and learn how to properly invest for you...
by sergeant
Sat Apr 21, 2018 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: How much can mom spend on a house?
Replies: 11
Views: 1832

Re: How much can mom spend on a house?

Yes she can afford the 400k house, especially if her current furniture is coming with her.

I read the old thread. It was good to see some of the people who offered help. Some of them haven't been on here for years.
by sergeant
Sat Apr 21, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Settlement Offer -- Accept or Wait?
Replies: 66
Views: 5550

Re: Settlement Offer -- Accept or Wait?

I was in charge of our traffic division for almost five years and investigated loads of serious injury and fatal traffic collisions. It wasn't uncommon for serious injuries to manifest many weeks after the event. I even had several where a driver seemed fine for a few hours, collision seemed minor o...
by sergeant
Fri Apr 20, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 30996

Re: KF's simple rules to achieve FI

I don't think everyone needs to save 50% of their after tax income. For some early in their careers it might make more financial sense to pay down student loans...For others it might make sense to enjoy their early years by travelling more and enjoying their increased freedom before marriage or chil...
by sergeant
Thu Apr 19, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Is this annuity really as bad as I think it is? (Symetra Select 7)
Replies: 6
Views: 1182

Re: Is this annuity really as bad as I think it is? (Symetra Select 7)

What might you suggest to them? How about nothing! They are comfortable on their current income and don't seem to be asking for your assistance.
by sergeant
Wed Apr 18, 2018 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 11436

Re: Quitting job - what to do if getting walked to the door

I can't believe people let themselves be led out while leaving personal items behind. I wouldn't allow it. I don't like people touching my stuff. It's not up to the employee in these situations. Security would be called if there is any "problem", and Security might be called routinely for the "esco...
by sergeant
Wed Apr 18, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Check my logic please (life insurance)
Replies: 19
Views: 982

Re: Check my logic please (life insurance)

Your plan is logical. Good job!
by sergeant
Wed Apr 18, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 11436

Re: Quitting job - what to do if getting walked to the door

I can't believe people let themselves be led out while leaving personal items behind. I wouldn't allow it. I don't like people touching my stuff.
by sergeant
Wed Apr 18, 2018 12:47 am
Forum: Investing - Help with Personal Investments
Topic: Need help with where to invest with 2017 IRA contribution
Replies: 2
Views: 444

Re: Need help with where to invest with 2017 IRA contribution

You have accounted for 145% of your portfolio in your post? :oops:

Is it possible for you to follow the asking portfolio questions guidelines? If not check the wiki for information.
by sergeant
Wed Apr 18, 2018 12:43 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 15446

Re: Is Los Angeles a good place long term to live financially?

OP, I think you really need to ask your parents to increase your allowance. How could they say no once you show them your list of needs?
by sergeant
Sun Apr 15, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Which would you choose if you were me ?
Replies: 29
Views: 3084

Re: Which would you choose if you were me ?

What is "an index linked pension" ?? I don't like either option. We need a bit more info to give a good answer. From what limited info that you have listed I would lower your stock allocation and increase fixed income allocation. An index linked pension is a pension which increases each year as the...
by sergeant
Sat Apr 14, 2018 9:15 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 12309

Re: How Far is too Far, Commuting?

I commuted 1.25 miles each way for 32 years. Usually it took less than a song on the radio to arrive at work when I drove. I rode a bike for some of those years. Commuting is soul crushing. I didn't mind driving around in a company car at work all day. Other motorist tended to get out of my way. :)
by sergeant
Fri Apr 13, 2018 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Which would you choose if you were me ?
Replies: 29
Views: 3084

Re: Which would you choose if you were me ?

What is "an index linked pension" ??

I don't like either option. We need a bit more info to give a good answer. From what limited info that you have listed I would lower your stock allocation and increase fixed income allocation.
by sergeant
Tue Apr 10, 2018 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Please Evaluate My Portfolio and Make Recommendations
Replies: 30
Views: 851

Re: What to do about Wife's Term Life Insurance Policy Nearing End?

I would consider looking at a ten year level term policy and then drop it when she is no longer working. That's probably what we'll end up doing. Though I think I'd keep it all the way through the end of the 15-year term, her working or not....$220/year is a pretty small amount of money and if heav...
by sergeant
Tue Apr 10, 2018 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with $50k Earmarked for Taxable Account?
Replies: 11
Views: 1207

Re: What to do with $50k Earmarked for Taxable Account?

Okay, so I am definitely leaning towards starting a taxable account with Vanguard, as some of you have suggested. However, I have read now numerous posts regarding Backdoor Roth IRAs; this is totally Greek to me as I'm a newbie. Trying to cram in and understand as much as possible about that (I did...
by sergeant
Mon Apr 09, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Cash flow problems - best way to handle?
Replies: 134
Views: 8266

Re: Cash flow problems - best way to handle?

Are we correct in assuming you paid cash for the car? If so, I actually like the idea of a car loan to replenish those savings. It may not be the most logical idea, but there's some clarity in "re-doing" the car purchase as a loan since that was the primary cause of your cash crunch. That's my 2 ce...
by sergeant
Fri Apr 06, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 15786

Re: Swedroe: Look Beyond 60/40 Portfolio

Thank you for the link to another good article by Mister Swedroe. Note that Mister L. Swedroe and Mister R. Ferri ar no longer active in this forum (our loss). Good luck with your investments, y gracias por leer ~cfs~ p.s. You just don't want to be out of this market for ONE day !!! I still see an ...
by sergeant
Fri Apr 06, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: 457b finally has Vanguard funds! Help with AA please.
Replies: 37
Views: 1954

Re: 457b finally has Vanguard funds! Help with AA please.

However, now that I have VG in my 457b, I feel like I should roll over my old 401k to my 457b to save on fees. What do you think? You can do that if your provider is willing to accept rollovers into your 457b and handle the separate accounting which means the funds will have to be kept separate. Th...
by sergeant
Thu Apr 05, 2018 12:39 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 315
Views: 31079

Re: Post your Financial Milestone Announcements Here

According to my social security records (and 2018 paychecks) I just hit $3 million in career wages and self-employment earnings, dating back 28 years to when I was making $4.25/hr at age 15. Very interesting to see that progression, and compare it to current net worth/portfolio size. I wish I had k...
by sergeant
Tue Apr 03, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor fees? Am I paying too much?
Replies: 54
Views: 4103

Re: Financial Advisor fees? Am I paying too much?

Cheaper than a Universal Life Policy but still way too expensive.
by sergeant
Tue Apr 03, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house?
Replies: 27
Views: 1846

Re: Can we afford this house?

How much equity do you have in your current home. Will you be selling it? We have $600k equity in our home and plan to rent it out. I am confident we can rent our home out for $3000/month, possibly $3300. $3300 would cover our current payment. We have some experience being landlords so it’s not a h...
by sergeant
Mon Apr 02, 2018 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house?
Replies: 27
Views: 1846

Re: Can we afford this house?

Yes. It improves your living conditions, commute, and schools for the kids so I say go for it based on the numbers in your post.
by sergeant
Sat Mar 31, 2018 4:06 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 315
Views: 31079

Re: Post your Financial Milestone Announcements Here

According to my social security records (and 2018 paychecks) I just hit $3 million in career wages and self-employment earnings, dating back 28 years to when I was making $4.25/hr at age 15. Very interesting to see that progression, and compare it to current net worth/portfolio size. I wish I had k...
by sergeant
Sat Mar 31, 2018 1:15 pm
Forum: Investing - Theory, News & General
Topic: KF Annual Expense Based Personal Finance Strategy
Replies: 149
Views: 6727

Re: KF Annual Expense Based Personal Finance Strategy

I really fail to see how a paid off home in the Bay Area worth 800k is not a factor.I am 66,retired,have financial security without factoring in the house.However looking down the road at some unforeseen circumstances,I have to be more secure with that asset than someone with identical numbers that...
by sergeant
Wed Mar 28, 2018 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Max-funding an Index Universal Life policy to the IRS limit??
Replies: 108
Views: 5977

Re: Max-funding an Index Universal Life policy to the IRS limit??

$9000 gone is better than sticking with this stinker. Come back and learn how to invest for your specific risk tolerance.
by sergeant
Wed Mar 28, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 9614

Re: How Do You Value Your Home for Net Worth Purposes?

I don't. I don't consider it important enough to matter. It's where we live, that's it.
I know it could be sold for about 750k and is paid for but don't know if we would spend less or more to live in another place so don't include it in net worth estimate.
by sergeant
Tue Mar 27, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Employer won't max out 457
Replies: 21
Views: 1704

Re: Employer won't max out 457

Agree with the above, don't sweat it, my employer only allowed 25% to deferred comp 457b accounts.