Search found 5269 matches

by Sheepdog
Sun Jul 14, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 10487

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

The advantage of a bank is that it minimizes the risk that someone misappropriates the money. For various reasons, I've come to the reluctant conclusion that - when DW goes - I'm going to be hard pressed to find someone who I can trust to handle the expenses and not misappropriate the funds. Thanks...
by Sheepdog
Sun Jul 14, 2019 12:15 am
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 7970

Re: Who cuts your hair? And for how much?

Miriam2 wrote:
Sat Jul 13, 2019 11:29 pm


And what about the sheepdog?
That's another story. Her haircut costs $65. That's extravagant, don't you think?
by Sheepdog
Sat Jul 13, 2019 11:25 pm
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 7970

Re: Who cuts your hair? And for how much?

I go to this young barber. He is only 72....well, he's younger than me. He charges $7 now. It was $6 a couple of years ago. I usually give him $10, unless I don't have that much in my wallet. (no credit card accepted.) His son and grandson used to work for him, but about 5 years ago they split from ...
by Sheepdog
Fri Jul 12, 2019 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 194
Views: 7618

Re: Medigap vs Advantage: Which did you select?

We are a retired couple, ages 85 and 78 at the end of 2018. We started with Medicare plus Medigap and changed later. I can give you all of our costs over the years and believe shows our cost advantages since changes from Medicare plus Medigap to Medicare Advantage..(Side note....we have had no probl...
by Sheepdog
Tue Jul 09, 2019 7:20 am
Forum: Personal Consumer Issues
Topic: Volunteer suggestions
Replies: 55
Views: 2594

Re: Volunteer suggestions

Volunteering is doing wonders for me when I can do what I love. I have found several soul saving volunteer possibilities before and after retiring 21 years ago, including great foreign and domestic projects sponsored by my Rotary Club, being on a symphony Board, helping out with social agencies like...
by Sheepdog
Fri Jul 05, 2019 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: my auto insurance went up 100%
Replies: 12
Views: 1695

Re: my auto insurance went up !00%

Check you C.L.U.E. report now and annually. This report shows everything in your auto and homeowners insurance claims and perhaps other things which could affect your rates, even your employment possibly. This report is free once annually just like your credit reports. Get one for all of the adults ...
by Sheepdog
Wed Jul 03, 2019 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 20005

Re: Do you share your net worth with family members?

Yes, my two sons know everything about our finances, where they are located, which one gets what, etc. in our wills. They are fine with that. They didn't know though until I was about 70.

However, we don't know their net worth. That's not fair!! :wink:
by Sheepdog
Mon Jul 01, 2019 9:03 am
Forum: Personal Investments
Topic: Can I add Social Security to my asset allocation of bonds?
Replies: 42
Views: 2619

Re: Can I add Social Security to my asset allocation of bonds?

TravelforFun wrote:
Sun Jun 30, 2019 9:35 pm
I don't count my SS benefits as a part of my asset. SS helps to reduce the amount I need to withdraw from my portfolio but doesn't change my assetallocation.

Same here
by Sheepdog
Mon Jul 01, 2019 6:52 am
Forum: Investing - Theory, News & General
Topic: So the year is officially half over
Replies: 32
Views: 3291

Re: So the year is officially half over

NO, the future begins today.
by Sheepdog
Sun Jun 30, 2019 12:49 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2398
Views: 429448

Re: What are you up YTD? [Year To Date]

Age 86, 24% stock, 67% bonds (incl. I Bonds from 2000-01 which are earning about 6% today), 3% MM. 6% fixed term SPIAs.....+7.02% YTD
by Sheepdog
Sun Jun 30, 2019 12:36 pm
Forum: Personal Consumer Issues
Topic: Did Your Retirement Spend Preferences Change?
Replies: 10
Views: 1248

Re: Did You Retirement Spend Preferences Change?

My preferences didn't change at all in our 21 years retired. We still do everything we wanted to do.....traveled a lot for the first 16 years, eat in nice restaurants more at least a couple of nights a week. We go to shows and sporting events more though (More professional football (Colts season tic...
by Sheepdog
Sun Jun 30, 2019 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Did Retirement Spending go as You Planned?
Replies: 47
Views: 4678

Re: Did Retirement Spending go as You Planned?

We have been retired about 10 years, and our projections have been +/- 10% of actual expenses. Medical estimate was right on the button, but dental estimate was too low. A couple of crowns, and root canal and some implants threw us off. Dental insurance is a joke. Best thing to do is budget a coupl...
by Sheepdog
Sun Jun 30, 2019 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Did Retirement Spending go as You Planned?
Replies: 47
Views: 4678

Re: Did Retirement Spending go as You Planned?

21 years retired......and spending has been as planned. In the 5 year period before escaping work, we were spending what we thought we would basically spend in retirement. We were already traveling quite a bit, international included. We bought cars as we wanted, eating out, attended sports and ente...
by Sheepdog
Mon Jun 24, 2019 9:18 am
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 14468

Re: Good times: 2008 vs Now

Mikestorm, In 2008, I had been retired 10 years, living off of savings and SS. The "crash" came for me in October that year, as some of you may remember, when I was near panic. I learned to plan for another one....not be greedy....try to be intelligent (dubious). I have in savings (neglecting inflat...
by Sheepdog
Sun Jun 16, 2019 6:53 am
Forum: US Chapters
Topic: June 6, 1944 D Day and General Patton [D-Day plus 11 days, a war article by Ernie Pyle]
Replies: 42
Views: 3967

D-Day plus 11 days, a war article written by Ernie Pyle

[Thread merged into here, see below. --admin LadyGeek] Just a few days ago several wrote here about the Normandy invasion on June 6, 1944. Some of you may know who Ernie Pyle was, but some may not. I know that Taylor Larimore knows who he was, as are many of us who were safely at home at that time....
by Sheepdog
Thu Jun 13, 2019 2:53 pm
Forum: Personal Consumer Issues
Topic: Why is this cabin so inexpensive?
Replies: 15
Views: 1587

Re: Why is this cabin so inexpensive?

Realtor listing: https://www.edinarealty.com/homes-for-sale/1-tbd-grand-rapids-mn-55744-9933124#/ MLS# 9933124 Description for #1 TBD, Grand Rapids, MN, 55744 Cabin to moved located just minutes to Grand Rapids. This is an insulated 3 BR unit, most furnishings stay, newer furnace from Fireplace Life...
by Sheepdog
Thu Jun 13, 2019 2:28 pm
Forum: Personal Consumer Issues
Topic: Why is this cabin so inexpensive?
Replies: 15
Views: 1587

Re: Why is this cabin so inexpensive?

First, Zillow says The list price and Zestimate® for this home are very different, so we might be missing something. [/b]. It also says it was built in 1777, so there maybe multiple errors. The writeup says that the furnace is not included. The land could be leased. If interested why not call the li...
by Sheepdog
Thu Jun 13, 2019 9:40 am
Forum: Personal Consumer Issues
Topic: Do you repair your own appliances?
Replies: 65
Views: 3591

Re: Do you repair your own appliances?

In my 54 years of owning a home, I have repaired every house hold appliance, and everything else in the house. Some times when the appliance is old, say 20 years, it is crazy, for me, not to purchase a new one instead of trying to repair it. But, I recently tried to repair my refrigerator ice maker....
by Sheepdog
Thu Jun 06, 2019 3:10 am
Forum: US Chapters
Topic: June 6, 1944 D Day and General Patton [D-Day plus 11 days, a war article by Ernie Pyle]
Replies: 42
Views: 3967

Re: June 6, 1944 D Day and General Patton

I love the odd bits of information I pick up on B'heads. Never thought I'd be copying quotes from Patton for my students! Here are some more quotes from General Patton for your students "Lead me, follow me, or get out of my way."" "You're never beaten until you admit it" "Always do everything you a...
by Sheepdog
Wed Jun 05, 2019 3:21 am
Forum: US Chapters
Topic: June 6, 1944 D Day and General Patton [D-Day plus 11 days, a war article by Ernie Pyle]
Replies: 42
Views: 3967

Re: June 6, 1944 D Day and General Patton

Several days ago, the Washington Post published an article written by one of its staff writers, about his grandfather's secret D-Day diary. The article is well worth reading: https://www.washingtonpost.com/news/magazine/wp/2019/05/30/feature/my-grandfathers-secret-d-day-journal/?utm_term=.8f992d6fd...
by Sheepdog
Tue Jun 04, 2019 3:14 pm
Forum: US Chapters
Topic: June 6, 1944 D Day and General Patton [D-Day plus 11 days, a war article by Ernie Pyle]
Replies: 42
Views: 3967

June 6, 1944 D Day and General Patton [D-Day plus 11 days, a war article by Ernie Pyle]

[Thread updated, see below. --admin LadyGeek] The 75th anniversary of D Day, 6/6/44, the beginning of the end of the war with Nazi Germany, occurred when the Allies landed on the beaches of Normandy France.. Many thousands died on both sides in the following months. (side note:One of our Bogleheads...
by Sheepdog
Sat Jun 01, 2019 11:51 pm
Forum: Investing - Theory, News & General
Topic: [Longevity effects of The Great Depression on investing]
Replies: 25
Views: 1470

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

... Actually I do not accept your assertion that the Great Depression ended in 1933. ... ... So I'm not sure where the 10 years is coming from. Can you provide a link or some source material as I have faithfully done? Honorable Bogleheads, you may intend for your exchange to be friendly. If so, the...
by Sheepdog
Sat Jun 01, 2019 11:48 pm
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 135
Views: 12289

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.

Oh yeah, some SPIAs also. How have then done wrt holding real value? Did you buy inflation protection? I purchased 3 SPIAs in years 2012, 2013 and 2016 when I was 79, 80 and 83 (now 85+). I purchased these for some guaranteed steady monthly receipts mainly so my wife will have regular receipts to o...
by Sheepdog
Sat Jun 01, 2019 2:21 pm
Forum: Investing - Theory, News & General
Topic: How long does it take to come out of a major downtunr?
Replies: 30
Views: 3103

Re: How long does it take to come out of a major downtunr?

Why not panic in downturns? Many do after all, but history says that they lose in the long run. From a book by John Merrill, "Outperforming the Market" is a table showing that a diversified portfolio of stocks, bonds, and cash, and held for approximately five years, would have enabled an investor to...
by Sheepdog
Sat Jun 01, 2019 9:40 am
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 135
Views: 12289

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.

Sandtrap, I always appreciate your comments and advice here. This thread is an excellent example. You are a needed resource for the rest of us and especially those who may feel uncomfortable with high stock allocations and some might have been reluctant to contribute because they do prefer lower. Fo...
by Sheepdog
Fri May 31, 2019 3:48 am
Forum: Personal Finance (Not Investing)
Topic: Older retirees: Are your expenses lower now than in early retirement?
Replies: 49
Views: 6383

Re: Older retirees: Do you have lower expenses now than you did in early retirement?

In my 20 plus years in retirement (now age 85 and climbing.) I found that our "personal inflation" was less than the CPI, less because our expense categories do not follow the CPI categories. We live off of savings and SS only (no pension payments as I took that pension as a lump sum.). Here is our ...
by Sheepdog
Tue May 28, 2019 10:02 pm
Forum: Personal Consumer Issues
Topic: No more print Money magazine
Replies: 108
Views: 12562

Re: No more print Money magazine

Bogleheads: For many years, once a month, I would spend Sunday's at the Miami Public Library reading financial magazines, financial news letters, and the updated five inch thick Morningstar binder. Money was my favorite magazine. I will miss it. Best wishes. Taylor Me too, Taylor. Me too.
by Sheepdog
Tue May 21, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when you have enough?
Replies: 31
Views: 4081

Re: What to do when you have enough?

Is there something which she has always wanted to do and never could or would like a month around the world cruise. Buy and drive a Maserati..... Would she like to donate to someone or some group which she would like to help and make a good name for herself and do some good with her good fortune? Th...
by Sheepdog
Sat May 18, 2019 6:08 am
Forum: Personal Investments
Topic: RMD taxes
Replies: 9
Views: 884

Re: RMD taxes

Any amount you donate from a traditional IRA directly to a qualified charity is not taxed, so if you give to charities, take it from your IRA before you withdraw your RMD
by Sheepdog
Thu May 16, 2019 9:02 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 346
Views: 171616

Re: Thank you all..this is what I am doing

Thank you all so very much for talking to me. It helped being reminded what I have said in the past. This is what I did and why. If I had followed the advice of many here, and sometimes myself, I would have kept 3 to 5 years of normal annual distribution for expenses in cash so that when times like...
by Sheepdog
Wed May 15, 2019 8:16 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 346
Views: 171616

Re: I can't believe I am thinking this

this was painfull for me to read. i hope never to be in this situation. How can anyone carry all this weight alone for so many years, why? Is not your wife/husband/significant other there for support? Why not share this with them and go through tough times together? Keeping it all inside, i could n...
by Sheepdog
Tue May 14, 2019 6:26 am
Forum: Personal Investments
Topic: Does your retirement plan work if stocks are flat or in decline for decades?
Replies: 180
Views: 10699

Re: Does your retirement plan work if stocks are flat or in decline for decades?

Mine is working and would. I am in my 21st year in retirement. I don't put money at risk in stocks while in retirement which I will need in the next 3 to 5 years and the remainder is invested conservatively with just enough stocks to go along with bonds to maintain income. Because I have enough to l...
by Sheepdog
Sun May 12, 2019 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Pension-Annuity or Lump dilemma
Replies: 12
Views: 995

Re: Retirement Pension-Annuity or Lump dilemma

History of my 1998 pension $222,283 lump-sum rollover to IRA (10/29/1998 to 12/31/2017---19+ years) My present age is 84. I could have taken an annuity payment instead which would have been $1479.39 per month, not adjusted for inflation. That would last for both of our lives. History: 10/29/1998 $22...
by Sheepdog
Fri May 10, 2019 3:08 am
Forum: Investing - Theory, News & General
Topic: Active Vanguard Funds besting index by 90 basis points (past 10 yrs)
Replies: 19
Views: 3411

Re: Active Vanguard Funds besting index by 90 basis points (past 10 yrs)

It's one thing finding the best active funds from the hundreds out there for the last 10 years, but it's another thing finding the best active funds for the next 10 years. The last 10 years for an active fund does not necessarily equate to the next 10 years. Index funds are reliable.
by Sheepdog
Mon Apr 29, 2019 6:19 am
Forum: Investing - Theory, News & General
Topic: When do you notice the compounding at work?
Replies: 137
Views: 27714

Re: When do you notice the compounding at work?

I really notice compounding at work when I look at the present value of my I Bonds purchased in the early 2000s. Example, the $10,000 worth of $500 bonds purchased in May 2000, earning a safe 3.6% plus inflation, is worth today $29,492 and will be worth on May 1, 2019 $29,640 and in just a few month...
by Sheepdog
Tue Apr 23, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: At what age did you buy your first first class airplane ticket?
Replies: 112
Views: 4709

Re: At what age did you buy your first first class airplane ticket?

Please consider donating your miles to help people in need to travel for such things as to go for medical reasons among others. For Those Donating Air Travel. If you would like to donate your frequent flyer miles to the Red Cross, please contact your airline. The IRS recognizes the donation of airli...
by Sheepdog
Sat Apr 20, 2019 4:26 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3845

Re: Windows 7 end of support - Jan 14, 2020

I am using MS Money (the free sunset edition) and it has been working nicely on Windows 10 for the past year. I've had one issue and a backup cleared that up. If you setup the desktop correctly, it has many similarities to 7. If you stay with 2002 this might help https://answers.microsoft.com/en-us...
by Sheepdog
Sat Apr 20, 2019 2:42 pm
Forum: Personal Consumer Issues
Topic: USPS In transit Arriving Late
Replies: 37
Views: 7742

Re: USPS In transit Arriving Late

I hope so. Last year (December)I sent a package with programmed delivery date of 5 days (Indiana to Florida). It did not arrive then. Tracing said it was in Pittsburgh and would arrive in Florida in 3 days. It did not arrive then, but they said it would be in Winter Park in 2 days. It did not. Traci...
by Sheepdog
Sat Apr 20, 2019 2:19 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3845

Re: Windows 7 end of support - Jan 14, 2020

I still use Windows XP which is in a Dell Desktop from 2004. I do not use it for internet use. I use it daily for all financial matters using Money 2002. I copy all of those considerable files (22 years or more) twice a week via an Easy Computer Transfer Cable to a 2010 Toshiba laptop using Windows ...
by Sheepdog
Fri Apr 19, 2019 7:19 am
Forum: Personal Consumer Issues
Topic: Is it worth renting a car in Vegas?
Replies: 22
Views: 1833

Re: Is it worth renting a car in Vegas?

One reason to rent a car in Vegas is to escape the strip for awhile to see the desert scenery and especially see Red Rock Canyon. It can be a wonderful sight for you. https://www.redrockcanyonlv.org/wp-content/uploads/rrckeystone2017_vfin-web.pdf It is less than 20 miles away to the Red Rock Canyon ...
by Sheepdog
Thu Apr 18, 2019 2:43 pm
Forum: Personal Consumer Issues
Topic: Video Camera to check in on Elderly Parent
Replies: 76
Views: 5039

Re: Video Camera to check in on Elderly Parent

I don't want my "children" 55 AND 49 to have a video camera on me. If they need to connect, I have a cell (not smart) phone and a land phone. We have gripes though....They have smart phones, not landlines, but almost 90% of the time when we try to call them in the weekends and evenings, they set the...
by Sheepdog
Thu Apr 18, 2019 2:02 pm
Forum: Personal Consumer Issues
Topic: Home Page for Your Computer:
Replies: 17
Views: 1303

Re: Home Page for Your Computer:

My home page is Google.com.
From there I can click directly to one of these these links: Firefox, Gmail, Bogleheads, Yahoo calendar, My Yahoo, MSN, my credit cards, Colts.com (Indy) or I can "Google" whatever.
by Sheepdog
Tue Apr 16, 2019 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14727

Re: In Laws Retirement Nest Egg

Ah but sheepdog, I must point out the inflation problem ... 800k in 1999 is equivalent to 1.2M today. You started with a good bit more than the OP's inlaws. And your nest egg today is down in real dollars from when you retired. You're still doing great :-) but I feel compelled to point out "real" v...
by Sheepdog
Tue Apr 16, 2019 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14727

Re: In Laws Retirement Nest Egg

Don't suffer. Your in laws are not likely to either. I retired 20 years ago with $800k, slightly more than your inlaws with no pension. I had a heart attack 3 months before retiring. I could not get LTC either. Oh, my God, how am I going to live? So, I took a trip to Scotland, Ireland and England. a...
by Sheepdog
Fri Apr 12, 2019 1:37 pm
Forum: Personal Consumer Issues
Topic: Things to do in Indiana
Replies: 64
Views: 4399

Re: Things to do in Indiana

Thank you for your thoughtful comments about your visit to my home state. I hope it was worth your while.
by Sheepdog
Tue Apr 09, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: Retirees: Are you annually spending in Real or Nominal Terms?
Replies: 63
Views: 4058

Re: Retirees: Are you annually spending in Rea sd Nominal Terms?

Sheepdog, how did you arrive at your formula of 4.5% rate? In 1998, the year I retired, the Trinity study was published. The 4% (rule) idea began then. We were discussing it a lot on the Vanguard Diehard Morningstar site (the predecessor to our Bogleheads). I did not like the idea of taking out an ...
by Sheepdog
Tue Apr 09, 2019 11:16 am
Forum: Investing - Theory, News & General
Topic: Retirees: Are you annually spending in Real or Nominal Terms?
Replies: 63
Views: 4058

Re: Retirees: Are you annually spending in Rea sd Nominal Terms?

Sheepdog thanks for sharing. Great to see how well your portfolio has help up despite a rough first decade! I'd be very interested in any more detail you'd care to share regarding your spending each year. What spending level did you start out at? How much did you adjust your spending down during th...
by Sheepdog
Mon Apr 08, 2019 3:59 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Are you annually spending in Real or Nominal Terms?
Replies: 63
Views: 4058

Re: Retirees: Are you annually spending in Rea sd Nominal Terms?

20 years retired living off of savings and SS. Expenses are not uniform, I think everyone retired would agree. What would you do when you purchase a new car one year and not the next.....or take a $20K cruise.....re-roof your house, etc. My "formula" is to take out an "average" of 4.5% per year. I h...
by Sheepdog
Sun Apr 07, 2019 7:55 am
Forum: Personal Investments
Topic: For those with most retirement savings in tax deferred accounts
Replies: 18
Views: 3089

Re: For those with most retirement savings in tax deferred accounts

Just to repeat what has been said, but show an example of RMDs and percent of investments spent. My traditional IRA RMD at my age (86) is 7.10%, but I spend only 4.5% of my investments on average. The excess RMD is saved in other places.
by Sheepdog
Tue Apr 02, 2019 10:38 am
Forum: Personal Consumer Issues
Topic: Folks in their 60s and above. What early investment on health do you recommend.
Replies: 193
Views: 13725

Re: Folks in their 60s and above. What early investment on health do you recommend.

If I could offer you only one tip for the future, sunscreen would be it +1 Too many sunburns as a kid and throughout young adulthood has led to skin cancer tumor (surgery removal) and actinic keratosis. These are pre-cancerous skin lesions that I must get frozen off twice a year at the dermatologis...