Search found 4845 matches

by Sheepdog
Wed Feb 21, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: Which Inflation Rate Do You Use?
Replies: 19
Views: 1100

Re: Which Inflation Rate Do You Use?

Medical expenses are up though, and they are included in these figures. Most increase in medical expenses are not inflation. Getting old and medical expenses going up is not inflation. Hip replacements instead of being confined to a rocking chair are not inflation. A $1,000,000 cure for a previousl...
by Sheepdog
Wed Feb 21, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: Which Inflation Rate Do You Use?
Replies: 19
Views: 1100

Re: Which Inflation Rate Do You Use?

Shadowstats is bunk. And the longer they go on claiming that the true rate of inflation is 8-10% per year, the bunkier it gets. Bunk indeed, Nisiprius. Including good entertainment expenses, house maintenance, new autos on occasion, traveling, restaurants weekly, etc. My lifestyle and spending type...
by Sheepdog
Wed Feb 21, 2018 8:25 am
Forum: Investing - Theory, News & General
Topic: Which Inflation Rate Do You Use?
Replies: 19
Views: 1100

Re: Which Inflation Rate Do You Use?

Not retired yet but I plan on using a variant of VPW, which doesn't not adjust for inflation. On top of that, I also plan on having SS and I own Ibonds which both adjust for CPI. But if I were to use something else for my withdrawals, I would use my own personal inflation rate which requires you to...
by Sheepdog
Fri Feb 16, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Connecticut is charging sales tax on out of state purchases
Replies: 40
Views: 2532

Re: Connecticut is charging sales tax on out of state purchases

Indiana has been doing this for years. Many of the larger national online sellers like Amazon, Sears, Penneys, Lowes and others agreed to collect the taxes. For 20 years it had been the "honor system" for state tax payers to declare their purchases on their state tax return and pay the tax then, but...
by Sheepdog
Fri Feb 16, 2018 11:24 am
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 145
Views: 12468

Re: Retirees: The common sense withdrawal method

I live off of savings and SS only. I take out what I need, but with controls, in my 19 years in retirement. I planned for an average of 4.5% annual withdrawal percentage. The withdrawals have been variable year to year, lower in some years in order to pay for the larger expenses in others. They have...
by Sheepdog
Thu Feb 15, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 76
Views: 4306

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

My underinsured and uninsured protection, AARP Hartford, for 2 seniors with 2 autos $500,000 bodily injury each person $500,000 each accident $100,000 property damage each accident Total under and uninsured premium, annual, $208 (also have homeowners with same company, so that lowers the premium som...
by Sheepdog
Thu Feb 15, 2018 5:02 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6586

Re: PSA: Bank of America now charges $12/month for checking

Times are changing.. My local bank offers seniors free checking if we keep a monthly average of $3000. If the account average drops below that in any month the fee will be $15. Interest earned 0.01%. Whoopee. Another bank sent me an invitation this week to join their free senior check club. Minimum ...
by Sheepdog
Thu Feb 15, 2018 1:23 pm
Forum: Investing - Theory, News & General
Topic: How many of you use the "4% rule" during retirement?
Replies: 68
Views: 8222

Re: How many of you use the "4% rule" during retirement?

No, I have not in my 19 years retirement because I never figured out how to have my expenses follow the "4% rule".

edit: I had to look it up.
In the last 10 years, our highest year of spending was 2011 and the lowest was 2016 and the difference between those 2 years was 49%!!
by Sheepdog
Wed Feb 14, 2018 6:05 pm
Forum: Local Chapters and Bogleheads Community
Topic: Forum's 11th Birthday - Feb. 19th
Replies: 27
Views: 1926

Re: Forum's 11th Birthday - Feb. 19th

Oh YES. Happy Birthday. I remember the movement from the M* Diehards. Thank you all. Diehards began, according to my calendar, on March 19, 1998. I found it in early August that year, 2 months before I was to retire. They saved my retirement.....I knew nothing (I thought I did, but I didn't.) I read...
by Sheepdog
Wed Feb 14, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for the unexpected in retirement
Replies: 14
Views: 1645

Re: Planning for the unexpected in retirement

Hope you won't mind my repeating what I have stated often times. I will give you my history in retirement which may give you some ideas on managing your retirement funds. I have been retired for 19 years, now 84. To determine the minimum I should have at the beginning of retirement was to take my av...
by Sheepdog
Mon Feb 12, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put $150,000 401k for 80 yr old
Replies: 2
Views: 392

Re: Where to put $150,000 401k for 80 yr old

Leaving it as is would be perfectly fine. Are you thinking it could be more aggressive since you won't need it and will be mainly for the kids... like 60/40 or 80/20? Plenty of good choices that way also like, Wellesley, The Balanced Index Fund, or Lifestrategy Growth. Assuming you have access to t...
by Sheepdog
Mon Feb 12, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Network for Good
Replies: 6
Views: 572

Re: Network for Good

I have used it several times for two local charities at the charity's request. For charities without a staff of any size, N for G helps keep their costs down as I understand it. I have not set up an automatic recurring donation though.
by Sheepdog
Mon Feb 12, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Statement & Receipt Clearing - Help!
Replies: 42
Views: 2256

Re: Credit Card Statement & Receipt Clearing - Help!

1) overkill in my opinion. With all the time you have been doing this have you ever found and error? Hi DraftInvestor - That is just it. While one could always say never say never, we have never experienced an error with 20 years of receipt matching! OF our the financial world is much more electron...
by Sheepdog
Mon Feb 12, 2018 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Statement & Receipt Clearing - Help!
Replies: 42
Views: 2256

Re: Credit Card Statement & Receipt Clearing - Help!

1) overkill in my opinion. With all the time you have been doing this have you ever found and error? Hi DraftInvestor - That is just it. While one could always say never say never, we have never experienced an error with 20 years of receipt matching! OF our the financial world is much more electron...
by Sheepdog
Sun Feb 11, 2018 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley Income performance
Replies: 16
Views: 2001

Re: Wellesley Income performance

Jim3 - You and I are clearly cut from different cloth. Why invest in something if your commitment can be undermined after a few weeks of questionable analysis? Thirteen percent of my portfolio is in Wellesley Income Fund Admiral Shares. I haven't done more than a cursory review of its performance i...
by Sheepdog
Sun Feb 11, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do: Life Annuity or Survivorship?
Replies: 14
Views: 960

Re: What did you do: Life Annuity or Survivorship?

History of my 1998 pension 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 $222,283 pen...
by Sheepdog
Fri Feb 09, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: Not happy where we live
Replies: 26
Views: 2866

Re: Not happy where we live

In my younger days with kids both career and where we lived were equally important. When I was thinking about making a career change, I would visit the city for a few days before committing employment. This was without the hiring prospective employer knowledge. I would talk to people, visit the surr...
by Sheepdog
Thu Feb 08, 2018 1:10 pm
Forum: Personal Consumer Issues
Topic: Tip amount for daily newspaper delivery
Replies: 21
Views: 1144

Re: Tip amount for daily newspaper delivery

I've often wondered if I'm tipping too little, so this thread may give me some perspective. I send the carrier $50 at Christmas time for good service. I am cheap. My carrier delivers the newspaper at my mailbox in a newspaper slot there, but sometimes, in the Christmas season (lots of ads), it is t...
by Sheepdog
Thu Feb 08, 2018 12:24 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 105
Views: 5627

Re: Laughter is the Best Medicine - What makes you Laugh?

Here's the first thing I thought of when I saw this thread: a great satire on the high cost of funerals with flawless timing from the great Mike Nichols and Elaine May (appearing on the old Jack Paar show). https://www.youtube.com/watch?v=cLkuNnnp89g Thank you for that I laughed just now and laughe...
by Sheepdog
Wed Feb 07, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Dad gave me money before filing bankruptcy
Replies: 24
Views: 4310

Re: DAD GAVE ME MONEY BEFORE FILING BANKRUPTCY

Is that for every state or does it differ state by state? I looked at the link which hicabob provided above. You can look at that as I did. There is a link where you can converse with a person. Try that. The last paragraph there says this which is important: If you made a transfer that may be consi...
by Sheepdog
Tue Feb 06, 2018 7:26 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 105
Views: 5627

Re: Laughter is the Best Medicine - What makes you Laugh?

F150HD wrote:
Tue Feb 06, 2018 7:20 pm
unclear what this thread has to do with personal consumer finanace
because
by Sheepdog
Tue Feb 06, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 105
Views: 5627

Re: Laughter is the Best Medicine - What makes you Laugh?

Rowan and Martin's Laugh In, so many good comedians. Goldie Hawn, Lily Tomlin, etc.I still laugh at the Fred and Fanny Farkle sketches in my memory alone.
https://www.youtube.com/watch?v=V-T5hMZRP8w
by Sheepdog
Tue Feb 06, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Railroad Retirement question
Replies: 7
Views: 678

Re: Railroad Retirement question

This is probably of no assistance, but....This was many years ago. My father worked for a railroad subject to Railroad Retirement. He died at age 61 in 1957. My mother began receiving his railroad retirement later, I do not know when. She retired at age 65 in 1967 when she started receiving Social S...
by Sheepdog
Tue Feb 06, 2018 9:25 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 249
Views: 77547

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

I have seen a time like the present before, haven't I? Be calm, friends, this too shall pass. This may take a while or may just be a blip, but be prepared....including your emotions.
by Sheepdog
Tue Feb 06, 2018 6:31 am
Forum: Personal Finance (Not Investing)
Topic: MS Money replacement
Replies: 16
Views: 1351

Re: MS Money replacement

Sorry that I cannot suggest anything else. I have used Money since Money 98 (now use Money 2002). I tried Money 2005 but didn't like the changes so went back to 2002. I have looked at several others since, but they didn't have programs as interesting and as helpful. I enter all spending and receipt ...
by Sheepdog
Mon Feb 05, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Form 8606 not available according to Turbotax, but Taxact has no issues!
Replies: 10
Views: 3104

Re: Form 8606 not available according to Turbotax, but Taxact has no issues!

It must be Turbotax as you said. I am filing using OLT and it has 8606.
by Sheepdog
Mon Feb 05, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 157
Views: 8963

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

Well, I am still using Microsoft Money 2002 for free...so is my wife....and my dog 8-)
by Sheepdog
Sun Feb 04, 2018 2:07 pm
Forum: Personal Consumer Issues
Topic: Is VPN needed on a home desktop PC?
Replies: 18
Views: 1025

Re: Is VPN needed on a home desktop PC?

I am advised that you do have to trust that your VPN service provider has your best interests at heart, because you're relying on them to secure your connection, keep everything encrypted, and to protect your activity from prying eyes. I haven't determined how to do that reliably.
by Sheepdog
Sat Feb 03, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15988

Re: Blood in the water- buying?

Blood in the water? From a little pin prick? Now here is the definition of Dow Jones "Blood in the Water" Go to the WSJ Biggest One-Day Dow Jones Gains and Losses http://www.wsj.com/mdc/public/page/2_3024-djia_alltime.html Here are the top five point losses. 1. 9/29/2008 -777.68 -6.97% 2. 10/15/2008...
by Sheepdog
Fri Feb 02, 2018 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 84
Views: 7068

Re: What's your cash position

Being retired and living off of my savings, I carry quite a lot of cash [ (money market and short term CDs) about 2 years+ worth of normal distributions from savings for spending]. That is for safety reasons to protect me during several years of market downturns. I also have short term bond funds a...
by Sheepdog
Fri Feb 02, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 84
Views: 7068

Re: What's your cash position

Being retired and living off of my savings, I carry quite a lot of cash [ (money market and short term CDs) about 2 years+ worth of normal distributions from savings for spending]. That is for safety reasons to protect me during several years of market downturns. I also have short term bond funds an...
by Sheepdog
Fri Feb 02, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Getting out of bond funds?
Replies: 17
Views: 1766

Re: Getting out of bond funds?

I'm certainly not getting out. I look at higher interest rates as an advantage in the long term...and I am 84 still thinking of the long term. :!: Would you get out of stocks because they are losing ground similarly? If so, then why are you here? Okay, I'll say it...my recommendation still is hold y...
by Sheepdog
Fri Feb 02, 2018 7:34 am
Forum: Investing - Help with Personal Investments
Topic: What advice would you give yourself if you were 27 again?
Replies: 120
Views: 7680

Re: What advice would you give yourself if you were 27 again?

Marry the love of your life if he/she is there waiting for you. I did 57 years ago at age 27. :D
by Sheepdog
Fri Feb 02, 2018 5:47 am
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 91
Views: 5520

Re: Fewer acronyms please

Blueskies123 wrote:
Thu Feb 01, 2018 7:32 pm
Agreed, ticker symbols should always be followed by their proper name.
YES....Please
by Sheepdog
Thu Feb 01, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: I BONDS Maturing in 2030
Replies: 42
Views: 2770

Re: I BONDS Maturing in 2030

Yeah, me too: 2000 to 2001 bonds. These have become my long term nursing home insurance, in effect. However, I have a tentative plan to begin cashing a few, just a few, maybe up to only 2 to 4 each year, beginning in 2020, and use for expenses as my fixed term SPIAs end their payouts. I would start ...
by Sheepdog
Thu Feb 01, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Tax Software - Turbotax Deluxe $39.86 Amazon
Replies: 15
Views: 1219

Re: Tax Software - Turbotax Deluxe $39.86 Amazon

What is your adjusted gross income? The IRS has links to tax preparing firms which will do it for free> https://apps.irs.gov/app/freeFile/jsp/index.jsp if your AGI is under $66,000. (and some states as well) You can get Turbotax for free from that link, but your AGI must be under $33,000. I am using...
by Sheepdog
Tue Jan 30, 2018 12:49 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 452
Views: 35237

Re: What frugal thing did you do today?

ragabnh wrote:
Tue Jan 30, 2018 12:29 am
I was very hungry this evening so I ate my 10 year old Sandals, :oops:
Ah, Charlie Chaplin ate his shoe in the 1925 movie "Gold Rush". Funny movie Here is the clip https://www.youtube.com/watch?v=gY0DOnNK3Wg.
by Sheepdog
Tue Jan 30, 2018 12:40 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 452
Views: 35237

Re: What frugal thing did you do today?

Not just today, but every year. I paid to have my tax return done only once and that was 1972's return. I had done it by hand before then. I found that that one (H&R Block) was very wrong. I had them correct it, and went back to doing them myself....for free.
by Sheepdog
Tue Jan 30, 2018 12:31 pm
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 10374

Re: "I Volunteered for the Hospital Board and was Sued for Millions."

Thank you, Taylor, for reminding us that we can be sued if we volunteer for anything. For example, my district Rotary International District, has a multi million dollar insurance policy to insure Rotarians when doing Rotary sponsored projects. I also volunteer for several groups beyond Rotary, mostl...
by Sheepdog
Tue Jan 30, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: Scotland tour - Spirit of Speyside
Replies: 8
Views: 916

Re: Scotland tour - Spirit of Speyside

A bunch of friends and me are going in late April/May to Scotland for a walking tour as well as attending the spirit of Speyside Whiskey festival. Watch your spelling. Scotsmen don't write it "Whiskey" .. It is "whisky". They may chastise you for spelling and saying it wrong...they did to me....and...
by Sheepdog
Tue Jan 30, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Should I join Linkedin?
Replies: 48
Views: 3533

Re: Should I join Linkedin?

Both my sons obtained lucrative management job offers (originally unsolicited) by their Linkedin accounts. It worked for them. Even I have a Linkedin account. It is fun to get emails on occasion that such or such company or head hunter is looking at my resume with interest. It is obvious that some d...
by Sheepdog
Mon Jan 29, 2018 11:46 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8531

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

tarmangani wrote:
Wed Jan 24, 2018 10:36 am
I use..........a flip phone (I have enough computers; don't need another one).
amen to that
by Sheepdog
Mon Jan 29, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 1099-B
Replies: 15
Views: 1130

Re: 2017 1099-B

I received my 1099B a week or so ago?
by Sheepdog
Fri Jan 26, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 6045

Re: Your bond allocation when you were 48

48? That would be 1981. 12% inflation. The federal funds rate rose to 20% by June 1981. I was at 98% bonds (11 to 12% CDs)
by Sheepdog
Fri Jan 26, 2018 9:14 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation in Early Retirement--a different Perspective
Replies: 18
Views: 2676

Re: Asset Allocation in Early Retirement--a different Perspective

I'm sorry to disagree but age in bonds is an over applied, much overused, rule of thumb. It is okay when you are young and accumulating but it is an overly conservative approach for many close to retirement and those already in retirement. Is that true? I found age in bonds successful after MY reti...
by Sheepdog
Fri Jan 26, 2018 7:13 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4121

Re: Happy Birthday, Taylor!

Happy Birthday, Taylor, HAPPY BIRTHDAY
by Sheepdog
Thu Jan 25, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 11896

Re: Kitces article: A cash bucket in retirement? Nope

I hope you don't mind me copying what I wrote in answer to a question after my supposed "panic" in 2008-09. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=25126 " So, what is the one thing I would recommend to help a young person through market turbulence? Don't be greedy in good times. Don't...
by Sheepdog
Wed Jan 24, 2018 8:08 pm
Forum: Personal Consumer Issues
Topic: Pizza delivery asked for security code on my credit card with order
Replies: 50
Views: 5175

Re: Pizza delivery asked for security code on my credit card with order

lthenderson wrote:
Wed Jan 24, 2018 7:27 pm
It's happened to me lots of time when ordering by phone, phone app or internet, including ordering pizza. I wouldn't be worried.
Me also.....almost every time.