Search found 5042 matches

by TheTimeLord
Wed Jun 20, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking spending before retirement useful for estimating retirement expenses?
Replies: 69
Views: 3723

Re: Tracking spending before retirement useful for estimating retirement expenses?

...What's actionable about tracking expenses? And by that I mean details on spending versus the big picture. Our savings (both retirement and non-retirement) comes out first, then spending and usually some is left over that gets added to extra savings or put in a big-ticket item spending account. O...
by TheTimeLord
Wed Jun 20, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Can other people contribute to my donor advised fund?
Replies: 3
Views: 175

Can other people contribute to my donor advised fund?

Can other people contribute to my donor advised fund? Thinking of establishing one as a tribute to someone who recently passed away.
by TheTimeLord
Wed Jun 20, 2018 9:24 am
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 193
Views: 15933

Re: Life in retirement - what did you do today?

I'm surprised by how many people are retired and still posting here. I know that I'm only on the forums when I'm at work, and almost never on the weekends or vacation. My retirement date will likely be the last time I'm ever here. Got to fill up all that free time somehow. I mean you are working so...
by TheTimeLord
Tue Jun 19, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 63
Views: 3615

Re: A different theoretical view of SWR

I guess when your assumptions are based on thin air you can derive any conclusion you want, and if you decide all knowns are invalid because things are different now you can refute anything you wish. Oh do tell us the truths you are so privileged to know: What is "known" about the future to you and...
by TheTimeLord
Tue Jun 19, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: Rebooking a ihg nite that was already booked beyond expiration date
Replies: 5
Views: 364

Re: Rebooking a ihg nite that was already booked beyond expiration date

What is an ihg nite? Apparently some sort of rewards club/credit card. https://www.ihg.com/rewardsclub/content/us/en/home With the new IHG® Rewards Club Premier Credit Card, you can earn 80,000 bonus points after spending $2,000 in the first 3 months from account opening.*jumps to associated footno...
by TheTimeLord
Tue Jun 19, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Do you think it is smart to disclose that you have passive investments to other people?
Replies: 43
Views: 4055

Re: Do you think it is smart to disclose that you have passive investments to other people?

Thank you guys for your responses. I can see the potential downsides and that it would be better just building trust/loyalty by focusing on what makes you serve your clients best. Have you decided yet on whether to attend med school, MBA or take a year or more to work in a few related areas? Yes, I...
by TheTimeLord
Tue Jun 19, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Tracking spending before retirement useful for estimating retirement expenses?
Replies: 69
Views: 3723

Re: Tracking spending before retirement useful for estimating retirement expenses?

I am starting my glide path to retirement. In the past I have tracked my expenses and the categories and feel I have a good handle on them. Now I am going to verify those assumptions using a simple big picture method. I am going to set my balance in my checking account to $X at the beginning go eac...
by TheTimeLord
Tue Jun 19, 2018 8:13 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6636
Views: 1432761

Re: Anyone buying today?

I have been slowing building my cash position up to purchase more CD's but with the US Market set to open down over 1% I'm tempted to pick up a little more TSM instead. I'm still within my AA bands of +-5% either way. Just thinking back to my risk assessment and the question of what would you do if...
by TheTimeLord
Tue Jun 19, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Tracking spending before retirement useful for estimating retirement expenses?
Replies: 69
Views: 3723

Re: Tracking spending before retirement useful for estimating retirement expenses?

I am starting my glide path to retirement. In the past I have tracked my expenses and the categories and feel I have a good handle on them. Now I am going to verify those assumptions using a simple big picture method. I am going to set my balance in my checking account to $X at the beginning go each...
by TheTimeLord
Tue Jun 19, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Do you think it is smart to disclose that you have passive investments to other people?
Replies: 43
Views: 4055

Re: Do you think it is smart to disclose that you have passive investments to other people?

For example, if a real estate agent discloses they have 50 rental properties/apartment buildings they own, I think one would think they are less likely to be "after your money" and be more trusting of their advice/service because the money they could make from your commission would be so minuscule ...
by TheTimeLord
Tue Jun 19, 2018 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Do you think it is smart to disclose that you have passive investments to other people?
Replies: 43
Views: 4055

Re: Do you think it is smart to disclose that you have passive investments to other people?

Hard to say if I would dump you because as a client you just told me you aren't focused on me and on the business I want to interact with or just because I dislike spending time with incredibly arrogant people. Either way you are toast.
by TheTimeLord
Mon Jun 18, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 150
Views: 10504

Re: Which boglehead rule do you break--and are ok with

Hukedonfonix4me wrote:
Mon Jun 18, 2018 4:21 pm
msk wrote:
Mon Jun 18, 2018 6:41 am
FIBoston wrote:
Mon Jun 18, 2018 6:34 am
100% equities. yolo.
+1
+2
The reason they make chocolate and vanilla.
by TheTimeLord
Mon Jun 18, 2018 1:26 pm
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 63
Views: 3615

Re: A different theoretical view of SWR

Whatever helps you sleep at night is fine, but your formula appears to be a recipe for working longer than needed and ending up with a pile of money that is not spent.. Without making the assumption that past market returns can predict future market returns over the period of an individual‘s retire...
by TheTimeLord
Mon Jun 18, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Admiral Shares (VBIAX)
Replies: 22
Views: 1899

Re: Vanguard Balanced Index Fund Admiral Shares (VBIAX)

Is Vanguard Balanced Index Fund Admiral Shares (VBIAX) a horrible choice for a taxable account? Hi TheTimeLord - Ideally a balance fund is not preferred for a taxable account because any distributions from he bonds portfolio of the fund would be taxed at an investors ordinary income tax rate. Howev...
by TheTimeLord
Mon Jun 18, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: African Safari: Worth it or Hype?
Replies: 57
Views: 4395

Re: African Safari: Worth it or Hype?

People usually overrate their travel, since they had spent so much time and money. I have a unique way to judge if it's a hype or really worth it, check the revisiting ratio. More returning customers, the more worth it. The rule is also good for restaurant. What do you think? Seems like a poor way ...
by TheTimeLord
Mon Jun 18, 2018 8:32 am
Forum: Personal Consumer Issues
Topic: African Safari: Worth it or Hype?
Replies: 57
Views: 4395

Re: African Safari: Worth it or Hype?

Worth it imho, also worth doing right. Its been a while but still 1 of my top 3 vacations. Stayed in a permanent tented camp on a river. Game drives twice daily. It was magical and so cathartic at 5:00 in the morning waiting for dawn. It was like being in another world, a very peaceful tranquil worl...
by TheTimeLord
Sun Jun 17, 2018 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Admiral Shares (VBIAX)
Replies: 22
Views: 1899

Vanguard Balanced Index Fund Admiral Shares (VBIAX)

Is Vanguard Balanced Index Fund Admiral Shares (VBIAX) a horrible choice for a taxable account?
by TheTimeLord
Sun Jun 17, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Long time retirees: how much do you really need?
Replies: 12
Views: 3279

Re: Long time retirees: how much do you really need?

No offense but I think there is little to be learned from the experiences of folks who retired from 2009 or later. I feel even less from those who retired in 1986-1991 or so because of the bond rally which made bond returns nearly equivalent to equity returns. These groups were incredibly fortunate ...
by TheTimeLord
Fri Jun 15, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 193
Views: 15933

Re: Life in retirement - what did you do today?

That said, at this point I am amazed at the affect of each OMY which essentially trades out an portfolio sucking expensive pre-FRA year for a much cheaper to my portfolio post-FRA SS and pension supplemented year. TheTimeLord; you definitely need to frame this and put in on your wall! Because if yo...
by TheTimeLord
Fri Jun 15, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 193
Views: 15933

Re: Life in retirement - what did you do today?

That said, at this point I am amazed at the affect of each OMY which essentially trades out an portfolio sucking expensive pre-FRA year for a much cheaper to my portfolio post-FRA SS and pension supplemented year. TheTimeLord; you definitely need to frame this and put in on your wall! Because if yo...
by TheTimeLord
Fri Jun 15, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 193
Views: 15933

Re: Life in retirement - what did you do today?

**Depressed because it seems so boring and purposeless in retirement You can also look at the survey result from a different angle. Every living person has some high days and some low days. The Bogleheads who are not posting to this thread may just be in their high days - sailing around the world, ...
by TheTimeLord
Fri Jun 15, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 150
Views: 10504

Re: Which boglehead rule do you break--and are ok with

I use actually dollar amounts and years of expenses in calculating how much to put in equities versus fixed income instead of percentage based AA now that I have achieved FI and can see retirement on the horizon.
by TheTimeLord
Fri Jun 15, 2018 9:33 am
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 193
Views: 15933

Re: Life in retirement - what did you do today?

Early 50’s here and don’t want to derail a harmless thread, but I have some random thoughts on these posts. Reading these I have encountered all these emotions: **Depressed because it seems so boring and purposeless in retirement ** I wonder how many of these people worry about spending too much ea...
by TheTimeLord
Fri Jun 15, 2018 8:00 am
Forum: Personal Consumer Issues
Topic: Apple MacBook Air On Sale $699
Replies: 41
Views: 3899

Re: Apple MacBook Air On Sale $699

Reviews provided without considering the needs of the end user are in my opinion are all that helpful. For many beyond being able to run office reasonably well, weight is primary consideration not resolution, storage, memory or processor speed.
by TheTimeLord
Thu Jun 14, 2018 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Anyone buying Individual Short Term Treasuries?
Replies: 19
Views: 1288

Anyone buying Individual Short Term Treasuries?

Bought some short term Treasuries (6-18 months) anyone else buying individual short term Treasuries?
by TheTimeLord
Thu Jun 14, 2018 7:18 am
Forum: Investing - Theory, News & General
Topic: New JUST ETF - thoughts?
Replies: 12
Views: 641

Re: New JUST ETF - thoughts?

Surprisingly I am interested.
by TheTimeLord
Tue Jun 12, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: Anyone with a paid off house drop homeowners insurance
Replies: 79
Views: 5570

Re: Anyone with a paid off house drop homeowners insurance

Every year I have the same dilemma. My home insurance is due for renewal next month. And I just hate writing a check for $700 a year for a house appraised at approx. $240,000 when I could self insure if the whole thing burned down. And I basically I don't trust insurance companies, they are out to ...
by TheTimeLord
Tue Jun 12, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement asset
Replies: 24
Views: 1447

Re: Home equity as part of retirement asset

We assume we will eventually move into Independent Living followed by Assisted Living. At that point we will sell our home and use the proceeds and save a lot annually on property taxes. Time in the market. Home equity is locked in the house, need to free it and put int into hard work into economy....
by TheTimeLord
Tue Jun 12, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement asset
Replies: 24
Views: 1447

Re: Home equity as part of retirement asset

We assume we will eventually move into Independent Living followed by Assisted Living. At that point we will sell our home and use the proceeds and save a lot annually on property taxes.
by TheTimeLord
Mon Jun 11, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: Early retirement pros and cons:
Replies: 78
Views: 10009

Re: Early retirement pros and cons:

One question that occurs to me in reading these threads (and I'm definitely the type who has mapped out scenarios for early retirement, particularly when I was in private legal practice), is: Has anyone here retired early a decade or more ago, so they can speak to us about the experience of what it...
by TheTimeLord
Fri Jun 08, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4256

Re: How much to budget for a week long vacation for 2?

You have got answers from as low as $2000 to as high as $25,000. How does that really help you though? What would you plan for? Look for the pattern not the individual results after filtering obvious outlier that wouldn't apply like no international travel or someone is not constrained by finances ...
by TheTimeLord
Fri Jun 08, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4256

Re: How much to budget for a week long vacation for 2?

So how much did YOU spend on your last 5 vacations per week per 2 people? +1. This is such a subjective question. Your answer really depends on your past vacations. Of course, if you have a bucket list of places you want to see, do some research to figure out what they will cost. However, these are...
by TheTimeLord
Fri Jun 08, 2018 8:21 am
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4256

Re: How much to budget for a week long vacation for 2?

I still don’t get why other people’s travel expenses would be useful for the Time Lord to set his travel budget? Why would a trip to Peru, or Antarctica, have any predictive value for a trip to the Grand Canyon, or Paris, or Rome? I don't get it either. When I wanted to "budget for retirement trave...
by TheTimeLord
Fri Jun 08, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4256

Re: How much to budget for a week long vacation for 2?

I still don’t get why other people’s travel expenses would be useful for the Time Lord to set his travel budget? Why would a trip to Peru, or Antarctica, have any predictive value for a trip to the Grand Canyon, or Paris, or Rome? I don't get it either. When I wanted to "budget for retirement trave...
by TheTimeLord
Thu Jun 07, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4256

Re: How much to budget for a week long vacation for 2?

RE: TimeLord ................................. Now being little facetious (and having read your postings over last few years), I believe you are NOT in a position to retire today. I think as long as you are doing these type of mental exercises, it is obvious that you need to work for One More Year....
by TheTimeLord
Thu Jun 07, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4256

Re: How much to budget for a week long vacation for 2?

My last try to explain this, budgeting retirement expense purposes is and entirely different exercise than budgeting for any specific year. When dealing with vacations you make a great number of assumptions costs, amount of time you are willing to travel, number of trips you desire, your ability to ...
by TheTimeLord
Thu Jun 07, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4256

Re: How much to budget for a week long vacation for 2?

jebmke wrote:
Thu Jun 07, 2018 9:18 am
livesoft wrote:
Thu Jun 07, 2018 9:00 am
I don't bother to budget I just go.
Same here.
But you are retired correct, so you have what you have. I am trying to do expense planning so that when I am at your stage I can do the same as you.
by TheTimeLord
Thu Jun 07, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4256

Re: How much to budget for a week long vacation for 2?

So how much did YOU spend on your last 5 vacations per week per 2 people? I will make 3 trips of more than a week backpacking this year and will go visit my sibling at their beach house, too. I already have all the equipment, so that is no additional cost. Food costs about the same as staying at ho...
by TheTimeLord
Thu Jun 07, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4256

Re: How much to budget for a week long vacation for 2?

Really? Obviously, It depends on where you are going, whether airfare is included and which class, what quality of hotels you like, cost of any tours, transportation or other activities. Having said that, our trips generally cost in the range of $2,000 per day. Clearly this is higher than most and ...
by TheTimeLord
Thu Jun 07, 2018 8:37 am
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4256

Re: How much to budget for a week long vacation for 2?

A friend and I were discussing how much you put in a budget for the average nice week long vacation for 2 (obviously it will vary trip to trip). I was interested in the answer because in retirement I am budgeting for several of these a year and would like to double check my assumption. My answer wa...
by TheTimeLord
Thu Jun 07, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4256

How much to budget for a week long vacation for 2?

A friend and I were discussing how much you put in a budget for the average nice week long vacation for 2 (obviously it will vary trip to trip). I was interested in the answer because in retirement I am budgeting for several of these a year and would like to double check my assumption. My answer was...
by TheTimeLord
Wed Jun 06, 2018 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50448

Re: How much money do you want to retire?

wrongfunds wrote:
Wed Jun 06, 2018 7:53 pm
SS claiming at 62 vs claiming at 70
Thank you.
by TheTimeLord
Wed Jun 06, 2018 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50448

Re: How much money do you want to retire?

Does it almost double if you wait until 70? Yes, it would be around $3000 or more if we waited to 70. That would cover our entire $6000/month. So the smart thing would probably to spend a bigger chunk of our money up until 70 and wait to file. But there's the whole bird in the hand thing. We'll see...
by TheTimeLord
Wed Jun 06, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Stick to the Plan... or Kick the Can? (Time to Rebalance)
Replies: 24
Views: 1574

Re: Stick to the Plan... or Kick the Can? (Time to Rebalance)

HuckFinn wrote:
Wed Jun 06, 2018 6:10 pm
Words of wisdom perhaps?
How would you feel if the market dropped 40%? What would you financial status be while you wait for stocks to recover? Why do you no longer have faith in the plan you made in the sober light of day with a clear mind?
by TheTimeLord
Wed Jun 06, 2018 8:00 am
Forum: Investing - Theory, News & General
Topic: WSJ:Social Security Expected to Dip Into Its Reserves This Year
Replies: 61
Views: 3034

Re: Social Security crossover point has arrived

After reading other posts I assume this thread will soon be locked so removing my post since the thread has gone off the rails.
by TheTimeLord
Wed Jun 06, 2018 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Rethinking Pension Survivor Benefit
Replies: 4
Views: 593

Rethinking Pension Survivor Benefit

My spouse and I are both eligible for small roughly equivalent pensions from the same Megacorp. They offer several choices of survivor benefit including 0% and 100%. I always assumed we would take 100% to prevent the income drop when one of us passes. Recently I took a look at the difference between...
by TheTimeLord
Tue Jun 05, 2018 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50448

Re: How much money do you want to retire?

DavidRoseMountain wrote:
Tue Jun 05, 2018 4:58 pm
It seems like no one is ever really content with what they have - as soon as they reach a huge amount of net worth for retirement, I see people moving the goalpost further out.
I definitely do that.
by TheTimeLord
Tue Jun 05, 2018 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50448

Re: How much money do you want to retire?

AlphaLess wrote:
Mon Jun 04, 2018 11:32 pm
wrongfunds wrote:
Sun Aug 06, 2017 9:03 pm
I am really surprised at how many say "just one more million"
It's the curse of being a boglehead.
7 digits is so 1980s.
by TheTimeLord
Mon Jun 04, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: NYT Story on Importance of Working Just a Little Longer
Replies: 27
Views: 4693

Re: NYT Story on Importance of Working Just a Little Longer

Let's see, 25x expenses seems to be a pretty common goal. So if you work an additional 6 months then that is .5x that doesn't come out of your portfolio to cover expenses plus if your expenses are 66% of your take home and you save 33% of your take home then that adds another .5x to your portfolio f...