Search found 4750 matches

by Sheepdog
Sun Dec 10, 2017 12:06 am
Forum: Personal Finance (Not Investing)
Topic: For those retired at least 10 years, what about the money?
Replies: 43
Views: 5697

Re: For those retired at least 10 years, what about the money?

19 years in a good retirement with net worth growth even without a pension and with a stock allocation of only 23% since 2009. (2008 told me to lower it more.) My wife and I started 3 years ago when I was 81 to gift more to charities compared to early retirement. We are giving more to our long term ...
by Sheepdog
Fri Dec 08, 2017 3:57 pm
Forum: Investing - Theory, News & General
Topic: Which is better: Wellesley or 5-yr 2.5% CD?
Replies: 51
Views: 3770

Re: Which is better: Wellesley or 5-yr 2.5% CD?

Frankly, I have to watch my investment's future, so I have both Wellesley and CDs (3% ones) (plus I Bonds and short term bond funds). They work for me so I don't worry.
by Sheepdog
Thu Dec 07, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: First post from this retiree with questions - my daughter sent me here!
Replies: 34
Views: 3818

Re: First post from this retiree with questions - my daughter sent me here!

I am wondering why it has not been suggested that OP do some TIRA-Roth conversions. I can see one concern would be the Social Security "cliff", not an area that I have paid much attention to and not sure if disability social security is affected in the same way. Otherwise might not such a move make...
by Sheepdog
Thu Dec 07, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: First post from this retiree with questions - my daughter sent me here!
Replies: 34
Views: 3818

Re: First post from this retiree with questions - my daughter sent me here!

You should know what your spending is now. Is that what you would like to have coming in? If you would like some more, make a note of that in addition. You show that you know what your income is now (not including from investments.) Subtract that income from what your expenses you wish to meet and t...
by Sheepdog
Thu Dec 07, 2017 9:58 am
Forum: Personal Consumer Issues
Topic: A Trip to Russia
Replies: 81
Views: 4140

Re: A Trip to Russia

An excursion from St. Petersburg to Tallinn, Estonia might be worthwhile. (I haven't done it, but would if I were in St. Petersburg.) Thanks, We do plan on looking outside the main cities. reggie Also you should look at the possibility of visiting Vilnius, Lithuania. And or Kaunas, Lithuania. Great...
by Sheepdog
Thu Dec 07, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 63
Views: 4072

Re: What did you do with your first RMD withdrawal money?

No pension, so used it for expenses and I always have (now 84) :D
by Sheepdog
Wed Dec 06, 2017 4:52 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 150
Views: 8384

Re: Do people still use AAA?

I left AAA many years ago. I found no use. However, for emergency needs, and that is important for our ages, I have for some years used AARP 24/7 Nationwide Roadside Assistance Road 'N Tow(from Allstate, it says). Used it once a couple of years ago on the Interstate. Costs me $43.50 a year. Every ye...
by Sheepdog
Wed Dec 06, 2017 7:47 am
Forum: Personal Consumer Issues
Topic: Holiday Tipping
Replies: 30
Views: 2271

Re: Holiday Tipping

I don't know how to tip the garbage collectors. I put money in a card, in an envelope with a great big red bow on it, and tape it to the top of my trash bin. It's obvious that it's a Christmas card, not trash. I put an amount in that can be split evenly either two or three ways, because I'm not sur...
by Sheepdog
Tue Dec 05, 2017 1:44 pm
Forum: Personal Consumer Issues
Topic: Holiday Tipping
Replies: 30
Views: 2271

Re: Holiday Tipping

I tip the newspaper delivery person $50. (She is pro active as she sends a Christmas card in early December with her address!!) I don't know how to tip the garbage collectors. I pay the owner by mail. I don't want to send him the tip. If I knew how, I would probably My wife tips her hairdresser and ...
by Sheepdog
Mon Dec 04, 2017 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Parents Retirement
Replies: 13
Views: 1761

Re: Parents Retirement

Their expenses total $1400 a month? That is only $16,800 a year. That covers their food, real estate taxes, homeowner's and medical insurance, utilities, home maintenance, auto expenses, etc. etc.? That will be tough. They need an emergency fund to cover some unexpected expenses (home, auto, medical...
by Sheepdog
Mon Dec 04, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Fisher Investments
Replies: 14
Views: 1938

Re: Fisher Investments

There have been many conversations on this firm. You can do a quick search for yourself. Here is just one....viewtopic.php?t=187588.
Leave them alone
by Sheepdog
Fri Dec 01, 2017 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Service Adviser Question
Replies: 4
Views: 449

Re: Vanguard Personal Service Adviser Question

You and he really should call Vanguard to ask all of those questions. They will be pleased to answer them. Every person is different and have their own preferences. You can get everything in writing, if you wish, for future reference.
by Sheepdog
Thu Nov 30, 2017 10:43 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10268

Re: Price of haircut?

$7 plus $2 tip 8-) Yep, that's all the ole barber or his grandson charge. There are several barbers in this town charging under $7 to $9. Even Great Clips sometimes charge $7.
by Sheepdog
Mon Nov 27, 2017 11:36 pm
Forum: Personal Consumer Issues
Topic: Amica Increase
Replies: 21
Views: 1765

Re: Amica Increase

Sheepdog, that's a really interesting approach. If I could ask about some more specific details, both for myself and anyone else interested in the same: Choosing an insurance company is one thing, but how did you go about evaluating and choosing the "right" local broker to do it? Besides getting qu...
by Sheepdog
Mon Nov 27, 2017 9:25 am
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 17350

Re: The fallacy of spending money on "experiences" vs hard assets

No fallacy. Just individual differences. Live your life the way you want to and don't worry about what someone else claims to do. I agree. What do I remember and which memories have I enjoyed the most in my life.....the wonderful trips we took to Greece and Turkey or the new cars past? The trips an...
by Sheepdog
Mon Nov 27, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: Amica Increase
Replies: 21
Views: 1765

Re: Amica Increase

This really isn't new. As already have been said, rates are demographic and you need to shop around to get the best rates. This past year insurance companies have taken big hits...storms destroyed and flooded buildings and thousands of autos so insurance companies will cover their losses by increasi...
by Sheepdog
Fri Nov 17, 2017 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Spending Taxable to Zero during Retirement
Replies: 42
Views: 5031

Re: Spending Taxable to Zero during Retirement

I did spend down our taxable accounts the first 5 years in retirement (1998 to 2003) while converting 22% of our IRAs to Roth IRAs (4.5% each year to hold down future taxes) and purchasing I Bonds to increase tax deferred savings. This reduced our taxes in the ensuing years to very little (some year...
by Sheepdog
Wed Nov 15, 2017 6:38 pm
Forum: Personal Consumer Issues
Topic: Regrets after reaching retirement?
Replies: 42
Views: 4464

Re: Regrets after reaching retirement?

30? 30? At 30 I was still a baby. That was too early to have regrets.....Okay, I did, but personal stuff, not occupation wise. At that age I was only 3 years from graduating college. (Previous I had been in the Marines mainly and no regrets about that.) I was working hard as a young engineer, marrie...
by Sheepdog
Tue Nov 14, 2017 4:13 pm
Forum: Personal Consumer Issues
Topic: Mozilla Firefox Donations?
Replies: 20
Views: 1912

Re: Mozilla Firefox Donations?

Thank you for your comments. I did make a donation and will over the year.
by Sheepdog
Tue Nov 14, 2017 12:06 pm
Forum: Personal Consumer Issues
Topic: Mozilla Firefox Donations?
Replies: 20
Views: 1912

Mozilla Firefox Donations?

Mozilla Firefox often asks for donations, but I never have given. I wondered why I should. I am asking the forum today because Firefox issued an upgrade of which they are saying connections are much faster. I agree that it is faster after my download this morning. Do some of you donate? Should we? I...
by Sheepdog
Tue Nov 14, 2017 3:54 am
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 7974

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

You, sir, are an inspiration. Thank you for sharing your experience and for your thoughtful post. Sorry you and your family are dealing with this disease. RetiredWithDementia, I am in my mid 80s and I am conscious of my shortcomings and your way of battling your disease is indeed an inspiration for...
by Sheepdog
Mon Nov 13, 2017 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Growth of Medicare Advantage enrollment
Replies: 68
Views: 4028

Re: Growth of Medicare Advantage enrollment

I hate Medicare Advantage !! I am now in a Medicare Advantage Group PPO for 11 days and today found acceptable Medical G & Part D plans to purchase. I was put into the MA account as a retiree of a Fortune 10 or so company. I understand it saves them money. I also know that the drug plan that came w...
by Sheepdog
Mon Nov 13, 2017 8:14 am
Forum: Investing - Help with Personal Investments
Topic: How do you project the amount you will have to spend annually in retirement?
Replies: 76
Views: 4375

Re: How do you project the amount you will have to spend annually in retirement?

When I retired I did not attempt to project how much I could spend. I projected how much I could SAFELY spend in any given year knowing the amount would be different each year based on investment performance and balancing spending needs and wants. The plan: I would have Social Security plus I could ...
by Sheepdog
Sat Nov 11, 2017 9:31 am
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 9859

Re: Retirees: I got this!!

I was reasonably comfortable with my financial well being, living off of SS and savings (very much less than a million, by the way), until my 11th year in retirement. Then that changed.... The Great Recession broke that confidence quite a bit. For example, I lost a year's worth of normal distributio...
by Sheepdog
Sat Nov 11, 2017 9:14 am
Forum: Personal Consumer Issues
Topic: U. S. Marine Corps Birthday
Replies: 13
Views: 861

Re: U. S. Marine Corps Birthday

I wasn't a Marine, but served in a different branch of service. Every year we went on a training exercise vs the Marines in a national forest east of Camp Lejune. Nobody told us that the Marines had airplanes. As we walked down a fire road with a swamp on each side of the road, I felt a sudden stro...
by Sheepdog
Fri Nov 10, 2017 12:25 pm
Forum: Personal Consumer Issues
Topic: U. S. Marine Corps Birthday
Replies: 13
Views: 861

Re: U. S. Marine Corps Birthday

flamesabers wrote:
Fri Nov 10, 2017 12:23 pm
Happy birthday to all past and present marines! :beer
Sheepdog wrote:
Fri Nov 10, 2017 9:02 am
November 10, 2017 marks the Marine Corps’ 142nd birthday -- please join me in wishing the Corps a HAPPY BIRTHDAY.
I think it should be 242nd birthday.
A slip of my finger. Thanks, I corrected it and added something else.
by Sheepdog
Fri Nov 10, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: U. S. Marine Corps Birthday
Replies: 13
Views: 861

U. S. Marine Corps Birthday

From their debut in 1775 when the Second Continental Congress passed a resolution creating “two Battalions of Marines be raised,” to the mountains of Afghanistan and the deserts of Iraq, the United States Marine Corps has earned the world’s respect as an elite and reliable fighting unit wherever put...
by Sheepdog
Thu Nov 09, 2017 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 37688

Re: Did you tell anyone you paid off your mortgage?

Yes, I did. It was common for people to tell others good news. How many "congratulations" I have said of mortgages having been paid off I don't know, but several. It is not telling my financial being, in my opinion. It just says that you paid off your mortgage of x years and it is nice to get rid of...
by Sheepdog
Wed Nov 08, 2017 4:41 am
Forum: Personal Consumer Issues
Topic: What do you do to keep your mind sharp?
Replies: 65
Views: 4950

Re: What do you do to keep your mind sharp?

Who says my mind is sharp? I work at it so that my wife will stop calling me Dummy..... ;-)
by Sheepdog
Tue Nov 07, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vangaurd Target Date retirement allocation too aggressive?
Replies: 20
Views: 1728

Re: Vangaurd Target Date retirement allocation too aggressive?

You have already received good replys. You may like to read this US News report How To Evaluate A Target Date Fund at https://money.usnews.com/investing/funds/articles/2017-09-27/how-to-evaluate-a-target-date-funds-glide-path Here is one part similar to what has already been written here: Choose a g...
by Sheepdog
Tue Nov 07, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellesley Income Fund VWIAX VS "Global" Wellesley Income Fund VGYAX? Should I move? Would you?
Replies: 35
Views: 2904

Re: Vanguard Wellesley Income Fund VWIAX VS "Global" Wellesley Income Fund VGYAX? Should I move? Would you?

Supposedly Global Wellington went live and I was told by my account manager they started to invest (that was as of 11/3). Surprisingly, the share price remains at $25 even. Doesn't make sense unless they still haven't invested. According to Yahoo, the share price on 11/2 was $25 before trading star...
by Sheepdog
Tue Nov 07, 2017 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellesley Income Fund VWIAX VS "Global" Wellesley Income Fund VGYAX? Should I move? Would you?
Replies: 35
Views: 2904

Re: Vanguard Wellesley Income Fund VWIAX VS "Global" Wellesley Income Fund VGYAX? Should I move? Would you?

Supposedly Global Wellington went live and I was told by my account manager they started to invest (that was as of 11/3). Surprisingly, the share price remains at $25 even. Doesn't make sense unless they still haven't invested. According to Yahoo, the share price on 11/2 was $25 before trading star...
by Sheepdog
Tue Nov 07, 2017 2:05 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?
Replies: 50
Views: 5670

Re: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?

runner26 wrote:
Mon Nov 06, 2017 3:44 pm
I voted on first contact and have not heard from them about the issue since.
ditto
by Sheepdog
Mon Nov 06, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 7974

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

3) Being very resistant to e-delivery of statements. I know I'm going to get beaten up on this by the millennials, but I continue to feel that paper statements that arrive in the mail are a very important safety net--and that state treasurers are going to get a windfall in about ten years as people...
by Sheepdog
Mon Nov 06, 2017 1:36 am
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 7974

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

I agree. I have 2 income producing mutual funds within both my and my wife's traditional and Roth IRAs and only a short term bond fund in a taxable account...not including 3 CDs and some I Bonds, so this simplicity puts me in decent shape in this regard. Plus everything financial wise is written dow...
by Sheepdog
Fri Nov 03, 2017 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: How has your AA philosophy changed over the years?
Replies: 45
Views: 3777

Re: How has your AA philosophy changed over the years?

Most of my life I didn't trust the stock market so I didn't buy any. Bank CDs and Savings Bonds were my king. Then I read some magazines and obscure investment books and I bought some stocks in my early 50s. Then the October1987 crash happened and then I knew I really didn't trust the stock market. ...
by Sheepdog
Fri Nov 03, 2017 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: How has your AA philosophy changed over the years?
Replies: 45
Views: 3777

Re: How has your AA philosophy changed over the years?

Hevensky wrote:
Fri Nov 03, 2017 3:54 pm
Taylor, what a nice note. You made my day. Thank you.

Harold Evensky
Welcome, Mr. Evensky. That was a nice first post to thank our wonderful mentor.
by Sheepdog
Fri Nov 03, 2017 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Does Retirement Make You Lazier?
Replies: 87
Views: 7732

Re: Does Retirement Make You Lazier?

The older I get, the more I want to do in the yard, the house and volunteer; and the more I want to give to charities because I have earned more than I care to spend for normal expenses.
Retirement is great.
by Sheepdog
Thu Nov 02, 2017 9:05 am
Forum: Personal Consumer Issues
Topic: Do you Mow your own Lawn?
Replies: 90
Views: 3019

Re: Do you Mow your own Lawn?

Yes, I mow my half acre with a gas walk behind push mower. Always have. Great exercise. Saves lots of money too.
by Sheepdog
Wed Nov 01, 2017 4:58 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate 0.10% [November rate announced]
Replies: 31
Views: 4183

Re: I Bond fixed rate 0.10% [November rate announced]

FOR THOSE WITH THE SAVINGS BOND WIZARD IT CAN BE UPDATED TODAY.
Looking at my May 2000 I Bonds, it is great that they will begin earning 6.12% next month. What a great safe rate in today's low interest environment. Thank you again and again, Mel, for teaching me back then.
by Sheepdog
Mon Oct 30, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: QCD
Replies: 5
Views: 594

Re: QCD

You have correct answers. Perhaps Morningstar's QCD video may be of assistance to you. http://beta.morningstar.com/videos/818615/A-Better-Way-for-Retirees-to-Give-to-Charity.html Again, as you stated, you must be 70.5 years or over to take advantage of QCD . This is only for IRAs------only for peopl...
by Sheepdog
Sun Oct 29, 2017 11:58 am
Forum: Local Chapters and Bogleheads Community
Topic: Thank you Boglehead.org
Replies: 24
Views: 2142

Re: Thank you Boglehead.org

Teague wrote:
Sat Oct 28, 2017 4:16 pm
^^^^ And that guy right above is a huge part of what this place is all about and why it is here. Thank you Mr. Larimore!
Yessssss!
by Sheepdog
Sun Oct 29, 2017 11:53 am
Forum: Personal Consumer Issues
Topic: Retirees: which websites do you spend the most time on?
Replies: 33
Views: 5881

Re: Retirees: which websites do you spend the most time on?

Bogleheads
Yahoo sites
Morningstar
MSN
3 newspapers
3 credit cards
NFL
Indianapolis Colts
You tube
by Sheepdog
Sun Oct 29, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: What was the main reason you retired?
Replies: 210
Views: 15419

Re: What was the main reason you retired?

Because 65 was when it was expected at that time, at least in my company it was.
by Sheepdog
Sat Oct 28, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: Emotional impact of spending down assets?
Replies: 100
Views: 10145

Re: Emotional impact of spending down assets?

A financial advisor that I have used in the past argues that people are divided into savers and spenders and most of the individuals who are on this thread are likely savers and will try to continue to be during retirement - somewhat explaining the angst they have when they see assets going down du...
by Sheepdog
Fri Oct 27, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1061
Views: 257008

Re: Best watch for around $5,000?

How about buying this Rolex? A Rolex, costing about $300 when new in the 80s, given to Paul Newman by Joanne Woodward and which he subsequently gave away in 1984 to his daughter's boyfriend sold at auction today, 10/27/17, for $17,752,500. http://www.marketwatch.com/story/paul-newmans-daughters-coll...
by Sheepdog
Fri Oct 27, 2017 7:19 am
Forum: Investing - Help with Personal Investments
Topic: RMD distribution timing
Replies: 32
Views: 2555

Re: RMD distribution timing

About 2/3 of my RMD (which will be 6.78% next year) goes to annual planned QCDs (qualified charitable distributions) spread over the year. The remainder is taken out in January to be added to my taxable short term investment grade bond fund for expenses as needed and is part of my safe haven fund. N...
by Sheepdog
Thu Oct 26, 2017 2:14 pm
Forum: Investing - Theory, News & General
Topic: Emotional impact of spending down assets?
Replies: 100
Views: 10145

Re: Emotional impact of spending down assets?

1210sda wrote:
Thu Oct 26, 2017 1:56 pm


I'm working hard on not being fearful.

1210
Please remember that when you are retired and living off of your savings and the markets have dropped 35% in the last month and continue to drop for weeks more to a 50% drop and still going down. Let me tell you it is tough not to be fearful then.
by Sheepdog
Thu Oct 26, 2017 10:33 am
Forum: Investing - Theory, News & General
Topic: Emotional impact of spending down assets?
Replies: 100
Views: 10145

Re: Emotional impact of spending down assets?

The thought I'm contemplating is a 10 or 15 year SPIA with about half of my portfolio in early retirement. I'll still get a "paycheck" and watch the other half of my portfolio grow (hopefully!) and not worry as much about spending the money. Once the annuity expires I can reevaluate health and expe...
by Sheepdog
Thu Oct 26, 2017 9:43 am
Forum: Investing - Theory, News & General
Topic: Emotional impact of spending down assets?
Replies: 100
Views: 10145

Re: Emotional impact of spending down assets?

Ron Scott, Sandtrap, et al....give it up on helping your octogenarians. We in our 80s and 90s are The Depression era kids. We will do what we want to do, when we want to do it, if we want to do it, and do it cheaply if we do it at all.