Search found 188 matches

by jimmyq
Mon Jan 18, 2021 11:24 am
Forum: Personal Consumer Issues
Topic: Radio Frequency Interference Issue
Replies: 25
Views: 1738

Re: Radio Frequency Interference Issue

Assuming that everything is grounded correctly, I would recommend applying ferrite cores to all the cables going into the control unit (which was one of the suggestions already provided). I assume that the radio station is AM, as that is more likely to cause the issue you describe. For AM frequencie...
by jimmyq
Sat Nov 21, 2020 9:53 pm
Forum: Personal Consumer Issues
Topic: Sharkbite Fittings
Replies: 18
Views: 1904

Re: Sharkbite Fittings

I did a few jobs with them and had one leak, which I determined was caused by some strain on the joint. If you follow Sandtrap's advice carefully, you should be fine. But I personally decided I didn't want to take any risk and went back to old fashioned sweated joints.
by jimmyq
Sun Nov 15, 2020 6:45 pm
Forum: Investing - Theory, News & General
Topic: You’ve won the game, now what? 45-55 how to allocate assets?
Replies: 98
Views: 9545

Re: You’ve won the game, now what? 45-55 how to allocate assets?

At age 53 and recently retired, I settled on 50/50. Works for me and I sleep well at night. I probably would have been more aggressive if I had a pension, but I don't.
by jimmyq
Sun Jul 26, 2020 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Advice from retirees: do you need a project or do you 'play it by ear'?
Replies: 36
Views: 2446

Re: Advice from retirees: do you need a project or do you 'play it by ear'?

I think it really depends on the type of person you are. I'm the type of person that likes to have defined projects. I usually have at least two projects going on at once, one that I can do outside if weather is nice (such as fixing a shed, or taking lessons to become a private pilot), and another i...
by jimmyq
Fri Jul 17, 2020 6:47 pm
Forum: Personal Consumer Issues
Topic: What surprised you the most once you retired?
Replies: 267
Views: 31825

Re: What surprised you the most once you retired?

Some things that surprised me... 1. I'm spending more than I originally thought I would. I was so accustomed to denying myself luxuries and saving every penny prior to retirement that I wasn't sure I'd be able loosen the purse strings. Turns out this concern was unwarranted as I have no problems spe...
by jimmyq
Mon May 18, 2020 9:20 am
Forum: Personal Finance (Not Investing)
Topic: How to convince amazon.com - Spending is difficult and confusing to track
Replies: 18
Views: 2549

Re: How to convince amazon.com - Spending is difficult and confusing to track

There's an easier way to get a single detailed report from Amazon for a group of purchases. Got to "Your Account", and select "Download order reports", then you can select the time period for the report. Amazon will generate a nice spreadsheet with multiple columns, including Cat...
by jimmyq
Sun May 17, 2020 9:19 am
Forum: Personal Consumer Issues
Topic: How did you feel after giving notice to retire?
Replies: 52
Views: 4635

Re: How did you feel after giving notice to retire?

Well, my experience was a little different as I never got the chance to give them notice. Last year, I had planned on giving my notice in early July, partially due to the fact that I had saved enough to retire, and partially because the work environment was becoming corrosive, with layoffs twice a y...
by jimmyq
Tue Apr 28, 2020 6:32 am
Forum: Personal Investments
Topic: Early retirees who were close - how are you adjusting
Replies: 47
Views: 6899

Re: Early retirees who were close - how are you adjusting

With an AWR = 3.5% your port should last 60 yr. Probably more. You should seriously think about increasing yours. I personally believe that 3.5% is a prudent starting point for someone retiring in their early 50's, especially with current valuations and an unknown sequence of returns. I don't inten...
by jimmyq
Mon Apr 27, 2020 4:12 pm
Forum: Personal Investments
Topic: Early retirees who were close - how are you adjusting
Replies: 47
Views: 6899

Re: Early retirees who were close - how are you adjusting

I retired at 52 last year with a 50:50 allocation, and my initial withdrawal is around 3.5% (and no pension). Yes, my accounts dropped a bit and I didn't really enjoy seeing my nest egg tumble, but I was always aware this was a possibility and have planned for it. Thus far, I have plodded along and ...
by jimmyq
Sun Apr 26, 2020 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Job Uncertainty is Killing Me: How to Cope???
Replies: 22
Views: 2270

Re: Job Uncertainty is Killing Me: How to Cope???

Do not go this alone. Talk to friends and family for their support. Seek professional help and KNOW that you are not a failure just because you need assistance. Learning how to deal with uncertainty is more important than the uncertainty itself. Unless the job is horrible, having an uncertain job is...
by jimmyq
Sat Feb 29, 2020 11:08 am
Forum: Personal Investments
Topic: New retiree perspective during Corona Crash
Replies: 57
Views: 7325

Re: New retiree perspective during Corona Crash

I retired last year, and am sticking to my plan. Asset allocation of 50/50, with rebalancing bands of 5%. If stocks drop just a little more, I'll hit a rebalancing threshold and will rebalance to 50/50. Other than normal rebalancing, I do not intend to make changes due to any major events, including...
by jimmyq
Mon Feb 10, 2020 7:27 am
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 264
Views: 21211

Re: What is your most luxury/expensive hobby.

Flying. I retired last year, and have decided to become a private pilot. I'm attending ground school now, and will start taking flying lessons soon. Not a cheap hobby by any means, but it is great to finally have the time (and funds) to pursue this.
by jimmyq
Thu Jan 23, 2020 7:28 am
Forum: US Chapters
Topic: Sad news: LadyGeek's husband has passed
Replies: 352
Views: 29135

Re: Sad news: LadyGeek's husband has passed

Very sorry for your loss. Thank you so much for sharing and for all you do for the boglehead community.
by jimmyq
Fri Jan 17, 2020 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 45081

Re: Engineers - What are you making?

Average pay for an engineer in the US, based on a a sample of around 9000 reported salaries, is around $88k:
https://www.indeed.com/career/engineer/salaries
by jimmyq
Sun Jan 12, 2020 10:02 am
Forum: Personal Consumer Issues
Topic: Heat Pump Water Heater
Replies: 9
Views: 1244

Re: Heat Pump Water Heater

I'm guessing that your hot-water system is working as designed, and there is some risk of scalding if you increase the water temperature much more. I would recommend changing to a shower head with lower flow rate. If you think you are already using one with a low rate, then you might want to actuall...
by jimmyq
Mon Jan 06, 2020 7:26 am
Forum: Personal Investments
Topic: Can I retire (early)?
Replies: 49
Views: 6406

Re: Can I retire (early)?

Absolutely. You can retire and I think you already know that, but just want some external confirmation first. I retired at 52 with far less assets but similar projected expenses. Any uncertaintly you have is purely psychological, because financially you are secure.
by jimmyq
Fri Oct 11, 2019 6:29 pm
Forum: Personal Investments
Topic: Retirees, when did you start really planning your retirement?
Replies: 53
Views: 5795

Re: Retirees, when did you start really planning your retirement?

At the start of my career, I was only saving money so that I could a) have a cushion in case I was laid off, and b) buy stuff. After several years, I began to rethink my financial goals. I was about 35 years old when I first started running some rough retirement calculators with Excel. I was 46 when...
by jimmyq
Sun Sep 29, 2019 7:23 am
Forum: Personal Investments
Topic: Retirees - do you hold extra cash for a bear market?
Replies: 93
Views: 10640

Re: Retirees - do you hold extra cash for a bear market?

Just retired this year, and have approximately 3 years in cash (about 8% of my portfolio). I wanted some more insurance in case there was a sharp market decline shortly after retiring, as I have no pension. Having 3 years in a money market fund help me sleep well at night. I may move more of this ca...
by jimmyq
Wed Aug 21, 2019 8:10 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 326
Views: 51514

Re: Anyone disenchanted with retirement?

When this thread first started, I was working full time. But after a fortuitous lay-off (with a reasonable severence package) two months ago, I now consider myself retired at 52. I am hedging my bets by updating my resume and have also investigated working as an engineering consultant. I did this be...
by jimmyq
Tue Aug 13, 2019 6:37 am
Forum: Personal Investments
Topic: Can having wealthy parents be a justification for a more aggressive investment strategy?
Replies: 97
Views: 8317

Re: Can having wealthy parents be a justification for a more aggressive investment strategy?

Taking a different approach... how much older are your parents? The odds that one of them live to age 90 is 45%, so there's a very good chance you would not receive any inheritance before you want to retire. I agree with other posters... if you want to go 100% stocks, do that based on your personal ...
by jimmyq
Tue Aug 06, 2019 4:54 pm
Forum: Personal Consumer Issues
Topic: Upgrading a PC, am I spending too much in too little time?
Replies: 35
Views: 3056

Re: Upgrading a PC, am I spending too much in too little time?

For gaming, the SSD will really speed up load times of new levels. I had one game (can't remember which) that would show game tips whenever a new level loaded, but the level loaded so quickly that I didn't have the time to read the tip before the screen went away. That's a good problem to have, in m...
by jimmyq
Thu Jul 18, 2019 6:22 am
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy vs Roth conversions
Replies: 35
Views: 3478

Re: ACA subsidy vs Roth conversions

After running the numbers, I have come to much the same conclusion. It is better for me to get the ACA subsidy than to do a Roth conversion that puts me over the ACA cliff. I have also run the numbers (like Watty), to see how the subsidy increases the further you are from the cliff, but for me the b...
by jimmyq
Tue Jun 11, 2019 10:10 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 428
Views: 76809

Re: Roll Call for the Retirement Class of 2019!

Add my name to the list. I had been thinking of leaving my company for a while, but got a kick in the pants when I was told a week ago that my job function was being transferred overseas. Instead of considering it a layoff, I have decided to turn this into a fortunate opportunity to retire early at ...
by jimmyq
Sun May 19, 2019 8:55 am
Forum: Personal Investments
Topic: Why should I employ an advisor?
Replies: 10
Views: 1452

Re: Why should I employ an advisor?

pnwfintech, I recommend posting the entire fund names and not just the ticker symbols (that's the proper etiquette, but you're new to the forum so I certainly understand). You will get more responses if readers don't have to look up 12 individual symbols themselves to see exactly what funds you are ...
by jimmyq
Tue Apr 09, 2019 2:04 pm
Forum: Personal Consumer Issues
Topic: How Much Do You Pay For Haircut?
Replies: 115
Views: 7724

Re: How Much Do You Pay For Haircut?

$40 + $10 tip every other week. I don't mind spending money to look good. I can't do a flowbee. Ahh yes, the oft maligned Flowbee. I have one and actually love it...it's one of those inventions that looks kind of ridiculous, but really works well. I use one plus a pair of clippers to neaten things ...
by jimmyq
Fri Mar 08, 2019 6:20 pm
Forum: Investing - Theory, News & General
Topic: Do you have 1 or 2 numbers for expenses in retirement?
Replies: 59
Views: 4801

Re: Do you have 1 or 2 numbers for expenses in retirement?

Why only 1 or 2 numbers? I'm an overachiever and have 4. The first is a "survival" number that is the minimum I need to survive without becoming a burden on society. The 2nd number is what I would call a decent minimal retirement, covering expenses plus a little more to go on a reasonable ...
by jimmyq
Sun Mar 03, 2019 9:49 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 428
Views: 76809

Re: Roll Call for the Retirement Class of 2019!

$2.1 million net worth and $25K annual expenses? Why're you still working? TravelforFun Because I am retirement rich and cash poor, I only make about 95K a year, and have zero cash in my checking account, no 6 months emergency fund due to spent cash on upstate property, also Net worth does not mean...
by jimmyq
Sun Mar 03, 2019 8:45 am
Forum: Personal Finance (Not Investing)
Topic: If you currently or are planning to spend over $120k/year in retirement, what is your projected budget?
Replies: 196
Views: 16537

Re: If you currently or are planning to spend over $120k/year in retirement, what is your projected budget?

I almost hesitate to post this, but here goes. We are young retirees. Our annual spend excluding mortgage payments (currently about $220K per year, but they go away in 8-10 years) is about $440K. (...) We live below our means. Money leftover going to savings is about $60K You are my hero. Congrats ...
by jimmyq
Thu Feb 14, 2019 8:59 pm
Forum: Personal Investments
Topic: glide-path in a declining market?
Replies: 13
Views: 1633

Re: glide-path in a declining market?

I, too am close to retirement, and had a difficult time (psychologically) increasing my bond allocation. But then I told myself, "What if the stock market drops by 50% ? Then I would feel like an idiot for not adjusting my allocation sooner, and may have to delay retirement. That was not an out...
by jimmyq
Sun Jan 13, 2019 6:13 pm
Forum: Personal Investments
Topic: Vanguard PRIMECAP and Capital Opportunity
Replies: 64
Views: 10274

Re: Vanguard PRIMECAP and Capital Opportunity

I have a sizeable position in PRIMECAP in a regular (not tax deferred account). Due to the tax inefficiency, it was not a great decision to put this in a taxable account, but then again it hasn't been too bad as the fund has done very well, even after paying the taxes. It generates a sizeable capita...
by jimmyq
Tue Dec 18, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do once you hit your target number?
Replies: 49
Views: 5759

Re: What did you do once you hit your target number?

Number keeps changing, but I have reduced risk by rebalancing more into bonds since I'm close
by jimmyq
Sun Dec 02, 2018 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 16696

Re: Retirement itch- when did you get it?

Always been thinking about retiring early, but for me, a significant moment of disillusionment hit at age 51 with another layoff that wiped out 1/2 my team. That was 3 months ago. Maybe I'll get over it and find some purpose in my job, but if not I'll need to either seek another job I enjoy or else ...
by jimmyq
Wed Oct 03, 2018 12:18 pm
Forum: Personal Investments
Topic: Too heavy on S/M cap??
Replies: 10
Views: 843

Re: Too heavy on S/M cap??

If your goal is to match the distribution of a total stock market fund, then you need want to readjust such that 73% of your equities are large company, 18% in mid-cap, and 9% in small-cap. This is the approximate distribution for Vanguard's Total Stock Market Index fund. However, if you intend to t...
by jimmyq
Mon Oct 01, 2018 1:36 pm
Forum: Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 7187

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

I suppose Vanguard could add annoying pop-ups to the website for those that have not converted. So every time you login, a huge window covers half your screen and says something like, "Help us help you by upgrading to a brokerage account today!". Or maybe a similar banner covers the top 1/...
by jimmyq
Sun Sep 02, 2018 9:27 pm
Forum: Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2250

Re: Job woes and retirement - Should I adjust my allocation?

jimmyq, So, with about 15 years of expense in fixed income, your AA is about right at this moment. <<Writing these numbers down makes me think I'm an idiot for not leaving already. But I've been a worst-case worrier for many years, so I guess that is my curse. And my job was actually enjoyable up t...
by jimmyq
Sun Sep 02, 2018 9:18 pm
Forum: Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2250

Re: Job woes and retirement - Should I adjust my allocation?

I was in a pretty similar situation the last couple of years. About this time last year, my company was going through a round of restructuring, I took the opportunity to engineer my own exit. This is not always possible, but it may be worth looking into. I was able to walk away with a very generous...
by jimmyq
Sun Sep 02, 2018 6:53 pm
Forum: Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2250

Re: Job woes and retirement - Should I adjust my allocation?

OP, The question and answer have no meaning until and unless we know your portfolio size in term of your current annual expense and annual expense after withdrawing social security. In general, folks would like have X years of annual expense in fixed income. In your case, the answer would range fro...
by jimmyq
Sun Sep 02, 2018 12:43 pm
Forum: Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2250

Re: Job woes and retirement - Should I adjust my allocation?

OP, The question and answer have no meaning until and unless we know your portfolio size in term of your current annual expense and annual expense after withdrawing social security. Thanks. I'll respond with more details a bit later when I have the time to put the numbers together and respond. I do...
by jimmyq
Sun Sep 02, 2018 10:08 am
Forum: Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2250

Re: Job woes and retirement - Should I adjust my allocation?

Before you jump ship, get some real quotes on medical insurance. I retired from a major 3 letter IT company in 2009. They pay half of my medical and dental till the pot runs dry at the time medicare kicks in. I am on a high deductible plan at 425 a month, wife on a lower deductible at 705 a month. ...
by jimmyq
Sun Sep 02, 2018 9:58 am
Forum: Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2250

Re: Job woes and retirement - Should I adjust my allocation?

My personal opinion would be to move towards 50:50 but hang onto the job as long as you can stand it while preparing your financial life to retire early. Knowing that any given day could be your last day by your own choice may shift your perceptons and there might be a much more enjoyable job out t...
by jimmyq
Sun Sep 02, 2018 9:45 am
Forum: Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2250

Re: Job woes and retirement - Should I adjust my allocation?

I would hang on to this or similar job for as long as you can. Loss of human capital when out of work for a few months and over 50 makes it hard to get decent earnings back - a lot depends on the need for your particular skill. I would go for 50/50 or 45/55 allocation given your position. But, you ...
by jimmyq
Sun Sep 02, 2018 9:31 am
Forum: Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2250

Re: Job woes and retirement - Should I adjust my allocation?

Pension is very important. Will you get social security, and if you start collecting SS at age 70, what portion of your hoped for spending would it cover? That will dictate how quickly you can increase equities in your asset allocation. There’s no substitute for living on a low withdrawal rate. I r...
by jimmyq
Sun Sep 02, 2018 7:31 am
Forum: Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2250

Job woes and retirement - Should I adjust my allocation?

I am hoping I can get some of your expert opinions on how (or if) I should adjust my allocation given my circumstances. For the longest time, I was planning on retiring at 55 (currently 51). But my investments have been doing well, and my (high tech) job has... well, not been going so well lately. M...
by jimmyq
Fri Jul 20, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: High school graduation monetary gift for nephew
Replies: 37
Views: 6204

Re: High school graduation monetary gift for nephew

FWIW, I was in a similar situation last year, trying to decide how much to give my nephew for his HS graduation. I settled on $500 as that would go a long way toward buying things like books or a laptop for college. Don't know if this was too much or too little, but I know he appreciated it.
by jimmyq
Mon Jul 16, 2018 8:47 pm
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 61
Views: 3872

Re: Would you pay $120 for a 5 year dishwasher warranty?

Nope, doesn't look like a good deal to me. I'd rather fix it myself if it breaks.
by jimmyq
Sun Jul 01, 2018 9:19 am
Forum: Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 10241

Re: What % of your equity is int’l?

I'm currently at 22%
by jimmyq
Tue Jun 26, 2018 6:01 pm
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 282
Views: 34371

Re: Did you celebrate when you finally hit $1m?

I did a little happy dance in my head. That was the only celebration for me.
by jimmyq
Tue Jun 26, 2018 5:55 pm
Forum: Personal Consumer Issues
Topic: Family dynamics/in laws/am I being petty?
Replies: 143
Views: 8932

Re: Family dynamics/in laws/am I being petty?

Try changing your perception. Think of the dinner as: a) We are sharing a family experience b) The whole family must be there to fulfill that experience c) We are splitting the cost of that experience 50/50 Perhaps this way of thinking would reduce any hard feelings when the check arrives.