Search found 5096 matches

by Sheepdog
Wed Sep 19, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 113
Views: 8413

Re: Did you really have something to retire to?

20 years ago, my retirement plan was to retire and enjoy life. I can do anything I and my wife would like to do.....anything. Don't you think that was something great to retire to?
by Sheepdog
Fri Sep 14, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 142
Views: 10002

Re: Age in Bonds - Still Recommended?

Invest in what makes YOU comfortable, not what makes others comfortable. Age in bonds worked fine for me and my psyche and my retirement funding.
I found hitting singles and walks took me around the bases with less strikeouts..
by Sheepdog
Fri Sep 14, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: 40/60 allocation returns ytd
Replies: 24
Views: 2559

Re: 40/60 allocation returns ytd

Wellesley holders might want to think about busting out of the single-fund approach... That's not how most Wellesley investors roll. :D The W/W fund holders are in them for the long long haul. A season of soft performance doesn't mean much. (Wellington fund holder here, so I'm projecting a little.)...
by Sheepdog
Tue Sep 11, 2018 4:26 pm
Forum: Personal Consumer Issues
Topic: How often do you guys get alignment done on your cars?
Replies: 59
Views: 3513

Re: How often do you guys get alignment done on your cars?

mhc wrote:
Tue Sep 11, 2018 4:17 pm
Every time I have my carburetor cleaned.
:D
by Sheepdog
Tue Sep 11, 2018 4:25 pm
Forum: Personal Consumer Issues
Topic: How often do you guys get alignment done on your cars?
Replies: 59
Views: 3513

Re: How often do you guys get alignment done on your cars?

flyingaway wrote:
Tue Sep 11, 2018 3:53 pm
Never!
ditto
by Sheepdog
Tue Sep 11, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 82
Views: 11235

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

In my case Enterprise told me that Ford was NOT paying insurance. You should contact Ford to confirm that they are not PROVIDING insurance. They maybe covering you on their own and not paying Enterprise. That's the way rentals worked when I was traveling on business. My company PROVIDED coverage bu...
by Sheepdog
Sun Sep 09, 2018 4:56 am
Forum: Personal Finance (Not Investing)
Topic: Switching Careers - From IT to Police Officer
Replies: 23
Views: 2303

Re: Switching Careers - From IT to Police Officer

Thank you for considering protecting us, our families, our homes and neighborhoods. If is a special occupation and public service. You know the dangers. I, as a citizen and neighbor, know the dangers you may face to protect me and mine from having to face those dangers ourselves. God bless you for c...
by Sheepdog
Thu Sep 06, 2018 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Scaring the Old Folks
Replies: 71
Views: 8105

Re: Scaring the Old Folks

Did anyone see this? http://www.marketwatch.com/story/youre-probably-going-to-need-a-lot-more-than-you-think-to-retire-2018-09-06 The article seems to make some rather foolish assumptions, chief among them, after I retire I will not change my spending habits at all. Eating out 3X a week? That seems...
by Sheepdog
Wed Sep 05, 2018 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Purchasing annuity for wife
Replies: 21
Views: 2132

Re: Purchasing annuity for wife

I understand you. My wife does nothing with investing. Everything is written down to help her. Earlier this year on this jags4186 thread https://www.bogleheads.org/forum/viewtopic.php?f=2&t=222620&start=50 I made a comment last year on this thread where I wrote that my wife does not use a computer o...
by Sheepdog
Tue Sep 04, 2018 2:28 pm
Forum: Personal Consumer Issues
Topic: What will you do when you find you have more money than expected?
Replies: 91
Views: 9670

Re: What will you do when you find you have more money than expected?

First I would like to be able to fund any long term care in a good facility for the length of time required for my wife and/or me. Beyond that, #2
by Sheepdog
Tue Sep 04, 2018 5:44 am
Forum: Personal Finance (Not Investing)
Topic: Charitable Tax Deductions
Replies: 46
Views: 3450

Re: Charitable Tax Deductions

mouses wrote:
Tue Sep 04, 2018 12:03 am

I keep my charitable donations about the same each year plus an increase for inflation. I did a dry run after the new tax law, and my taxes will increase $1K to $2K for this year.
Same here
by Sheepdog
Mon Sep 03, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for an 87-year-old?
Replies: 36
Views: 2122

Re: Advice for an 87-year-old?

I'm just a child of 85. What do I know? If my sons offered to advise me on what to do with my money, I would just say thanks, but no thanks, I am just fine the way things are. After all, I have given them an occasional tip, like those 3.0 to 3.6% I bonds in the early 2000s and they ignored me comple...
by Sheepdog
Mon Sep 03, 2018 7:04 am
Forum: Investing - Theory, News & General
Topic: Retirees who went before me: Does a glidepath really work
Replies: 24
Views: 3153

Re: Retirees who went before me: Does a glidepath really work

I am one of the most conservative invested Boglehead. I am risk averse (probably caused by my being a child of the Great Depression), but safely so. In one month I will have been retired 20 years. I invest conservatively, live off of my savings and SS very well and have watched it not just maintain,...
by Sheepdog
Sun Sep 02, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Under insured motorist insurance
Replies: 19
Views: 993

Re: Under insured motorist insurance

Your health insurance doe not pay for the medical expenses of unrelated passengers who are injured. Your health insurance will not pay for "pain and suffering" and for most of the restrictions of life you may incur from an at fault driver who carries inadequate liability insurance. Thank you for yo...
by Sheepdog
Sun Sep 02, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Under insured motorist insurance
Replies: 19
Views: 993

Re: Under insured motorist insurance

I've received some advice from a local injury attorney that he believes everyone should carry underinsured motorist (UIM) policy. I do not buy this coverage. My philosophy is to insure only for events that will affect my finances in a substantial way. Most UM coverage limits that I have been offere...
by Sheepdog
Fri Aug 31, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: QCDs from RMD - 1099R [Qualified Charitable Distributions]
Replies: 44
Views: 1743

Re: QCDs from RMD - 1099R [Qualified Charitable Distributions]

[ Sheepdog -- You may be right. But how do you know for sure? I haven't seen anything in writing on this question. After all, when the taxpayer writes the check out of the IRA account/fund and mails it to the charity, the trustee is not involved at all in the transaction. Does this method still con...
by Sheepdog
Thu Aug 30, 2018 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: QCDs from RMD - 1099R [Qualified Charitable Distributions]
Replies: 44
Views: 1743

Re: QCDs from RMD - 1099R [Qualified Charitable Distributions]

Writing checks might not qualify. IRC section 408(d)(8) defines a QCD as a distribution from an IRA that satisfies 2 criteria: 1. Paid after the IRA owner reaches age 70.5, and 2. " made directly by the trustee to an organization described in section 170(b)(1)(A )" Writing a check from a fund in th...
by Sheepdog
Thu Aug 30, 2018 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: QCDs from RMD - 1099R [Qualified Charitable Distributions]
Replies: 44
Views: 1743

Re: QCDs from RMD - 1099R [Qualified Charitable Distributions]

Vanguard does it that way also. For example, in 2017 on my IRA 1099R my entire distribution is shown as "taxable" while half of it was actually QCDs. Some of the QCDs were submitted to the charity with checks from Vanguard and the rest were donated by IRA checks I wrote . (emphasis added) Wow! This...
by Sheepdog
Thu Aug 30, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: QCDs from RMD - 1099R [Qualified Charitable Distributions]
Replies: 44
Views: 1743

Re: QCDs from RMD - 1099R [Qualified Charitable Distributions]

Vanguard does it that way also. For example, in 2017 on my IRA 1099R my entire distribution is shown as "taxable" while half of it was actually QCDs. Some of the QCDs were submitted to the charity with checks from Vanguard and the rest were donated by IRA checks I wrote. There's no way Vanguard woul...
by Sheepdog
Mon Aug 27, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Yeesh. Car damage right before lease end
Replies: 13
Views: 1831

Re: Yeesh. Car damage right before lease end

I would be upfront with the dealer and tell them you will have it repaired (via your insurance). Maybe your dealer will have it repaired in their shop via your insurance.
Things happen.
by Sheepdog
Mon Aug 27, 2018 10:19 am
Forum: Personal Consumer Issues
Topic: Need a cheap smartphone - no service needed
Replies: 29
Views: 2328

Re: Need a cheap smartphone - no service needed

'
delamer wrote:
Fri Aug 24, 2018 1:10 pm
Have you considered a tablet instead?
I use a 7 inch tablet which does everything you want and the 7 inch size fits in all of my hand side pants pockets.
by Sheepdog
Mon Aug 27, 2018 8:30 am
Forum: Personal Consumer Issues
Topic: Power window problem
Replies: 13
Views: 930

Re: Power window problem

Could it be just a fuse?
by Sheepdog
Sat Aug 25, 2018 11:12 am
Forum: Personal Consumer Issues
Topic: Rant - Why is everything so poorly made today
Replies: 12
Views: 1072

Re: Rant - Why is everything so poorly made today

Yes, many things are made cheaply today. They always have been. In my pre WWII youth, people would say "don't buy that cheap Japanese stuff" (times changed,huh?) A 2 minute search for checkers on line led to Amazon with a black and natural wooden checker set with an 89% 5 star customer ratings, (27 ...
by Sheepdog
Fri Aug 24, 2018 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Am I Wrong for being 100% Equities ?
Replies: 62
Views: 5618

Re: Am I Wrong for being 100% Equities ?

In YOUR mind....if in the next six months the value of your stocks has dropped 50% (if could) and you don't know for sure when it will go back up, how would that affect you?
by Sheepdog
Wed Aug 22, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Already retired still need to plan
Replies: 21
Views: 1707

Re: Already retired still need to plan

SJM, it really helps Bogleheads to write out the description for your investments because it takes so much time to look them up. You are likely to get more responses because of that.
by Sheepdog
Tue Aug 21, 2018 1:07 am
Forum: Personal Finance (Not Investing)
Topic: How do you pay for purchase of a vehicle in retirement?
Replies: 38
Views: 3968

Re: How do you pay for purchase of a vehicle in retirement?

I’m a long ways from retiring, but it seems like most married people are still driving two cars in retirement based on the posts here. Wouldn’t it make sense to go to a single car? I guess it depends on your lifestyle, but it seems like an easy way to free up $500+ monthly whether you’re making a p...
by Sheepdog
Mon Aug 20, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Do you go for annual Medicare preventive tests and screening?
Replies: 84
Views: 5080

Re: Do you go for annual Medicare preventive tests and screening?

Annual physical or special Medicare test? No, per se. I visit my primary care physician every 3 or 4 months. He checks me out and asks questions. I ask questions too. He orders lab tests for the next scheduled visit 2 or 3 times a year. He does not believe in asking for xrays or similar testing unle...
by Sheepdog
Mon Aug 20, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: How do you pay for purchase of a vehicle in retirement?
Replies: 38
Views: 3968

Re: How do you pay for purchase of a vehicle in retirement?

I purchase from my planned saving's investments "cash" accounts from which I receive all spending needs. We have 2 cars and usually replace each one about every 8 years with 1 or 2 year old used ones with less than 15000 miles on them and paid with cash.
by Sheepdog
Mon Aug 20, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: Timing your withdrawals
Replies: 40
Views: 3697

Re: Retirees: Timing your withdrawals

Retired now for 20 years where all expense needs come from investments and SS only, so I need to withdraw over the year. Taxes, as someone already mentioned, is part of the equation, so is the health of the stock markets (can you remember 2008-09?). Actually, it has not been really difficult to make...
by Sheepdog
Thu Aug 16, 2018 9:02 pm
Forum: Personal Consumer Issues
Topic: Celebrating the day you retired
Replies: 46
Views: 3132

Re: Celebrating the day you retired

That was how I celebrated the day I retired. I am still celebrating although the factory has since closed. Thank God, I wasn't there when it happened. About 6 months after I retired, the company announced the closure of the manufacturing process I formerly managed. A few months later, they asked if...
by Sheepdog
Thu Aug 16, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: Bullish/bearish on GE? Make your case here - new lows today
Replies: 60
Views: 5077

Re: Bullish/bearish on GE? Make your case here - new lows today

The last year I bought and held GE was at a time I considered that the company was basically a mutual fund since it owned so many businesses . I owned it before 1996. Looking back in my records since 1998 it was 73 3/8 on 1/1/98 and 102.00 on 1/1/99 and 154.00 on 1/1/00 and then there was a 3 for 1 ...
by Sheepdog
Thu Aug 16, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Celebrating the day you retired
Replies: 46
Views: 3132

Re: Celebrating the day you retired

Old Guy wrote:
Thu Aug 16, 2018 1:37 pm
The next day we went to Aruba for two weeks.
That looks GREAT.
Old Guy (2)
by Sheepdog
Thu Aug 16, 2018 1:13 pm
Forum: Personal Consumer Issues
Topic: Celebrating the day you retired
Replies: 46
Views: 3132

Re: Celebrating the day you retired

I'm surprised Mr. Wood's company didn't throw him a big party and present him a big old gold watch. TravelforFun Actually they did have a big party (50 or more people with officers from the Philly headquarters) a week or more earlier, and a nice gift ( A brass global clock which I am looking at now...
by Sheepdog
Thu Aug 16, 2018 10:19 am
Forum: Personal Consumer Issues
Topic: Celebrating the day you retired
Replies: 46
Views: 3132

Re: Celebrating the day you retired

Faith20879 wrote:
Thu Aug 16, 2018 9:44 am
Classic! Sheepdog brings us some of the best stories on this board, always.
Thanks for the very kind words. God Bless.
Jim
by Sheepdog
Thu Aug 16, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: Celebrating the day you retired
Replies: 46
Views: 3132

Re: Celebrating the day you retired

On that day at 7 am, 10/2/1998, I went to work as normal, went to the production office, looked at the day's manufacturing schedule, talked with the person taking over for me about that day's work, listened to my fellow employees all asking "What are you doing here? It's over...its over." I just had...
by Sheepdog
Tue Aug 14, 2018 12:59 am
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2566

Re: RMD's: take distributions vs selling

Sheepdog, if your balanced funds were at a provider such as Vanguard, you could have exchanged part of the balanced fund proportionately into an equity fund and a bond fund, and then sold the bond fund to satisfy your RMD. You would have sold bonds to satisfy the RMD, not depressed equities. It wou...
by Sheepdog
Tue Aug 14, 2018 12:42 am
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2566

Re: RMD's: take distributions vs selling

Perhaps I just don't understand what you're saying. My perception was that due to distributions (regardless of the reason) you had to sell stocks at depressed prices. But it really seems that the reason is because you use balanced funds of some sort and you want to keep doing that, so you always se...
by Sheepdog
Mon Aug 13, 2018 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2566

Re: RMD's: take distributions vs selling

Last comment. I have no rebalancing to make as I used 'then and use now only balanced funds. Balanced funds do the rebalancing for me. I highly recommend them. The end.... As I said, that's a choice you made. They don't do the rebalancing when you need to avoid selling stocks at a bad time. Okay, t...
by Sheepdog
Mon Aug 13, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2566

Re: RMD's: take distributions vs selling

Ok, but again, it wasn't the RMDs forcing you do anything. You needed money to live on. And since you had both stocks and bonds you should have rebalanced after withdrawals. Using target funds is a choice not a mandate. Last comment. I have no rebalancing to make as I used 'then and use now only ba...
by Sheepdog
Mon Aug 13, 2018 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2566

Re: RMD's: take distributions vs selling

No, you were forced to sell low because you needed money for expenses not because of the RMD. Otherwise you could have sold in the IRA and bought the same fund in taxable with little net difference. I checked that thread, and it was mostly you about to capitulate due to the market crash. I don't ev...
by Sheepdog
Mon Aug 13, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2566

Re: RMD's: take distributions vs selling

I will just say that it is the rare case, indeed, that somebody is forced to "sell low" in an IRA for RMD reasons. In 2008, I was forced to sell low for RMD (which was used for expenses), to my chagrin. It was very unpleasant. You can look at my very long thread from back then https://www.boglehead...
by Sheepdog
Mon Aug 13, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: RMD's: take distributions vs selling
Replies: 35
Views: 2566

Re: RMD's: take distributions vs selling

jimmieg wrote:
Sun Aug 12, 2018 12:46 pm
Now that I am in the RMD phase, is there any advantage to simply stopping reinvestments to accumulate cash for withdrawal vs selling a position at one time for withdrawal?
To make it simpler, I do not reinvest in my tIRAs and take the RMDs and or QCDs from that.
by Sheepdog
Sun Aug 12, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: How to have “what if” discussion with retired parents?
Replies: 48
Views: 4632

Re: How to have “what if” discussion with retired parents?

I did precisely this with my Dad (now in his mid-80's). Sent him a link to a document called the "family love letter". I believe it was this one: http://www.cornerstoneplanning.com/docs/09Web-Love-Letter-to-My-Family.pdf I really do like that "family love letter" Thank you for posting it. That woul...
by Sheepdog
Sun Aug 12, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: Tipping lawn service and trash pickup
Replies: 27
Views: 2206

Re: Tipping lawn service and trash pickup

Never got a tip for my lawn service (I have never hired anyone to do it so no tip.).....well, maybe I get a cold lemonade or a beer or a Manhattan occasionally on those 90 and 100 degree days, like last week. I have seldom seen the trash pickups so I have never tipped them nor have I ever seen anyon...
by Sheepdog
Sun Aug 12, 2018 12:17 am
Forum: Personal Finance (Not Investing)
Topic: SS 2019 COLA could be close to 3%
Replies: 26
Views: 2882

Re: SS 2019 COLA could be close to 3%

dm200 wrote:
Sat Aug 11, 2018 11:01 am


OK - interesting to know. I was in the "hold harmless" category - but am already back in the $134.
Yes, I am in the $134 category now, but my wife is still lower, as she was never a higher earner.
by Sheepdog
Sat Aug 11, 2018 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to have “what if” discussion with retired parents?
Replies: 48
Views: 4632

Re: How to have “what if” discussion with retired parents?

You could go about this in a different way, so as not to seem if you are prying. What if you told your parents about YOU. You wouldn't have to tell them about your finances (how much you make....how much you have saved of things like that)....but you could tell him your plans if you and your wife we...
by Sheepdog
Sat Aug 11, 2018 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion advice for senior
Replies: 7
Views: 644

Re: Roth conversion advice for senior

Have you considered what the tax rate will be for 2018's return with the tax changes?
by Sheepdog
Fri Aug 10, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 116
Views: 6758

Re: Paper checks yes or no?

Yes....many places such as some charities, wife's hair dresser (that alone is 52 per year), my barbers. garbage collector, property tax, dog groomer, etc, do not take credit cards. We are not about to carry cash. We wrote 77 last year and 48 so far in 2018.
by Sheepdog
Thu Aug 09, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 82
Views: 11235

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

Call Ford and you will get a rental on them. I have been driving a 2018 Fusion AWD Titanium EcoBoost for 4 months now at their expense. The only thing you have to do is put gas in it. Enterprise pays for the oil changes and charges Ford $900 per month. We have been having a ball. I have decided aft...
by Sheepdog
Tue Aug 07, 2018 12:44 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 13713

Re: "Age in Bonds" fails almost everyone

Age in bonds wasn't bad for me after retiring.. Because I was risk averse (I was a child of the Great Depression I guess was the reason.) I invested little in the stock market until I was in my early 50s, and even then it wasn't a high percentage. I had had only CDs until then. At 65 and when retire...