Search found 5028 matches

by TheTimeLord
Mon Jun 18, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Admiral Shares (VBIAX)
Replies: 17
Views: 1147

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: 54
Views: 3832

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: 54
Views: 3832

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: 17
Views: 1147

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: 3011

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: 175
Views: 14286

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: 175
Views: 14286

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: 175
Views: 14286

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: 137
Views: 8565

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: 175
Views: 14286

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: 3847

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: 1265

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: 621

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: 78
Views: 5344

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: 1422

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: 1422

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: 9978

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: 4220

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: 4220

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: 4220

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: 4220

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: 4220

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: 4220

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: 4220

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: 4220

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: 4220

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: 4220

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: 4220

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: 50173

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: 50173

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: 1565

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: 3008

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: 588

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: 50173

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: 50173

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: 4689

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...
by TheTimeLord
Mon Jun 04, 2018 7:29 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

I have an inexpensive gym membership that I am happy to pay for, because I cannot fit 20,000 square feet of gym equipment in my house or garage. There are some that would say just as you don't need 10-20 funds in your investing portfolio, you don't need 20,000 square feet of gym equipment to be fit...
by TheTimeLord
Sun Jun 03, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

I use my gym membership regularly (4x/wk) and do not have a trainer as I do not need one. I do see some trainers having their clients do crazy things. From what I can see a trainer has to hold hands and create a dependency so that their client needs them. Not much different than financial planners....
by TheTimeLord
Sat Jun 02, 2018 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

But to get back on topic. We really haven't changed then again we never bought stuff other people wanted we bought what we wanted. In our early years this meant being the youngest people by a couple decades on a bucket list trips to interesting destinations and getting asked by our acquaintances ho...
by TheTimeLord
Sat Jun 02, 2018 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

My kids consider me to spend more money than necessary. They would not be favorably impressed by my buying some expensive suits. Completely different frames of reference and ideas of what is valuable. They are very serious about this and I got some of my attitudes from them. They don't watch much T...
by TheTimeLord
Fri Jun 01, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

A happy moment as parent of a teenage daughter was when my daughter commented that I dress better than most dads at her school. Andy. My reaction would have been more one of horror than happiness. "Dressing better than..." is not a goal. I think, coming from a kid, that is a huge compliment , hones...
by TheTimeLord
Fri Jun 01, 2018 11:44 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

WildBill wrote:
Fri Jun 01, 2018 11:18 am
I absolutely do not give a s*** what other people think.
Personally I don't consider that a virtue, more of a rationalization.
by TheTimeLord
Fri Jun 01, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

Collars, cuts and sleeve lengths aren't. Lots of old guys think they look stylish when they are a walking billboard saying "I am hoping 60 is the new 40." The main reason I notice is I am an old fart who likes a specific collar, sleeve length and cut and know how are it is to find for the past 5 or...
by TheTimeLord
Fri Jun 01, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

60 is not old to start with. ...............You don't need some gizmo to give you a sense of self worth. Or you are just tired of trying to figure out how they work. Flip Phones Forever!!! Going back to the rotary phones, on the wall, in the kitchen (I wish) - getting tired of my butt ring whenever...
by TheTimeLord
Fri Jun 01, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

Difference between the few who have fashion sense and look sharp and the majority is very noticeable and I think for the most part serves them well. A happy moment as parent of a teenage daughter was when my daughter commented that I dress better than most dads at her school. That said, many seem n...
by TheTimeLord
Fri Jun 01, 2018 8:54 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

FYI, wearing 10 year old clothes is a tip off you are older. Blue jeans and polo shirts are timeless . I used to throw out my jeans when they looked worn and had holes in them, but now such worn jeans are in style so I can get another decade out of them. Collars, cuts and sleeve lengths aren't. Lot...
by TheTimeLord
Fri Jun 01, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

FYI, wearing 10 year old clothes is a tip off you are older. Blue jeans and polo shirts are timeless . I used to throw out my jeans when they looked worn and had holes in them, but now such worn jeans are in style so I can get another decade out of them. Collars, cuts and sleeve lengths aren't. Lot...
by TheTimeLord
Fri Jun 01, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

Lots of old guys think they look stylish when they are a walking billboard saying "I am hoping 60 is the new 40." It’s hard to know what others think. For all we know, someone may not care about style at all, may loke his personal style and not care what others think about it, or may hate his cloth...
by TheTimeLord
Fri Jun 01, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

In all honesty I think a lot of this happens when people start weighing the value of items versus investing the money so they can retire. So mentally they are comparing the value of a material item versus an idealized version of how they would spend the extra time even if it is just doing nothing. O...
by TheTimeLord
Fri Jun 01, 2018 8:24 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8470

Re: is Having more and needing less normal?

HongKonger wrote:
Fri Jun 01, 2018 6:55 am
60 is not old to start with. ...............You don't need some gizmo to give you a sense of self worth.
Or you are just tired of trying to figure out how they work. Flip Phones Forever!!!