Search found 1816 matches

by GerryL
Wed Oct 17, 2018 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 62
Views: 5781

Re: What do you consider 'enough'?

I reverse the question. Enough is how much I have. Never had a “number”. Got very lucky and ended up with a lot. This is enough. Set my lifestyle to the amount I ended up with. Not the other way around. Not representative, I know. Yes. Enough was my goal. Not more. Ended up with more than enough. G...
by GerryL
Wed Oct 17, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 62
Views: 5781

Re: What do you consider 'enough'?

I reverse the question. Enough is how much I have. Never had a “number”. Got very lucky and ended up with a lot. This is enough. Set my lifestyle to the amount I ended up with. Not the other way around. Not representative, I know. Yes. Enough was my goal. Not more. Ended up with more than enough.
by GerryL
Wed Oct 17, 2018 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Did you retire because you hit your number?
Replies: 52
Views: 3789

Re: Did you retire because you hit your number?

My number was not a dollar figure but a year: 21+1. Or the number 3. I planned to retire one year after my third sabbatical, which the company granted after seven years of work. The plan had long been to use the third sabbatical to "practice being retired." (The previous two had been two-month, roun...
by GerryL
Mon Oct 15, 2018 9:05 pm
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 78
Views: 3816

Re: How Much Is Your Sewer Bill?

This post got me curious about how much water I actually use. Cost is a little over $100 every other month for both water ($32.51) and sewer and surface water ($76.86) On the water side I am being charged for 1 CCF (748 gal) a month average for year; the majority is the fixed charge. On the sewer si...
by GerryL
Sat Oct 13, 2018 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Please help with asset allocation - 63 yr old
Replies: 12
Views: 1379

Re: Would like to create a better portfolio

My apologies for any confusion. The reason for my post is as title implies, a review of my present portfolio and funds vs options; hence the posted information of my present fund selections. Of course, already having a Vanguard account also provides me many options. In answer to the first 3 posts, ...
by GerryL
Sat Oct 13, 2018 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Get rid of my Roth IRA?
Replies: 30
Views: 1869

Re: Get rid of my Roth IRA?

OK. Here's a story. In the early 90s I started my investing life by putting the $22k I had in my IRA (which had been in CDs) into a stock mutual fund. Never added another penny as future retirement savings went into my shiny new 401k and, when it became available, a Roth IRA. About 23 years later, t...
by GerryL
Sat Oct 13, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Neighbor discussing finances with me
Replies: 64
Views: 5885

Re: Neighbor discussing finances with me

Mlm wrote:
Sat Oct 13, 2018 3:42 pm
A good friend of mine told me that her financial adviser didn't charge fees. :shock: I kept my mouth shut and we're still good friends.
When someone tells me this I want to say, "I wonder how the FA makes a living if s/he does not charge any fees." But I bite my tongue instead.
by GerryL
Sat Oct 13, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Have you annuitized some of your money?
Replies: 67
Views: 5601

Re: Have you annuitized some of your money?

The figures I can look at now suggest that removing 5% of assets per year on our own would be about equal to what the annuity company would give us for joint survivorship in one year (planned retirement date). It really seems to come down to comfort, guarantee, psychological stress levels. It also ...
by GerryL
Fri Oct 12, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security benefits up 2.8% in 2019
Replies: 19
Views: 2415

Re: Social Security benefits up 2.8% in 2019

Do we know what the Medicare Part B premiums will be? We should be learning that in a few more days/weeks, but the word is that the $134 basic premium is likely to remain stable . That means that only the folks not yet paying $134 (non IRMAA) premium would see their SS raise reduced. New Medicare r...
by GerryL
Fri Oct 12, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Flagship complimentary CFP services
Replies: 13
Views: 1407

Re: Vanguard Flagship complimentary CFP services

When I became a Flagship client about 5 years ago shortly before retirement, I had them do a plan for me. I already knew what allocation I wanted and that I wanted a 4-fund portfolio (retirement accts) and would be keeping my taxable acct in the Balanced Index Fund, so I was really looking for a rea...
by GerryL
Fri Oct 12, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: rollover or transfer from Fidelity 401k?
Replies: 8
Views: 430

Re: rollover or transfer from Fidelity 401k?

In response to your question about rolling over/transferring from Fidelity to Vanguard. I did this 3 times (401k in 2 parts and a profit-sharing plan). Moved my money from the two employer-sponsored plans at Fidelity to a tradtional IRA at Vanguard. In my experience, Fidelity would not do a custodia...
by GerryL
Fri Oct 12, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security benefits up 2.8% in 2019
Replies: 19
Views: 2415

Re: Social Security benefits up 2.8% in 2019

Do we know what the Medicare Part B premiums will be? We should be learning that in a few more days/weeks, but the word is that the $134 basic premium is likely to remain stable. That means that only the folks not yet paying $134 (non IRMAA) premium would see their SS raise reduced. New Medicare ra...
by GerryL
Fri Oct 12, 2018 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Relaxing in America during this current market drop
Replies: 20
Views: 4136

Re: Relaxing in America during this current market drop

I am a recent retirees and I recently lost a lot of money in equities. “Lost“ is of course a relative term because my portfolio is still significantly higher than it was a while back. But I am relaxed about it, for three reasons: First, and primary, I have very low expectations for the market. I ha...
by GerryL
Thu Oct 11, 2018 8:05 pm
Forum: Personal Consumer Issues
Topic: Black Friday is coming.. what's on your list?
Replies: 70
Views: 5848

Re: Black Friday is coming.. what's on your list?

This is the first year in many that I will be home for Turkey Day, so the plan is to stock up on socks. Fred Meyers (aka Freddies) has a sale on BF that always includes socks at half price. The aisles are filled with tables and boxes of socks. Single pairs. Bulk packages. Sporty. Dressy. The works. ...
by GerryL
Thu Oct 11, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for Remodel
Replies: 9
Views: 1146

Re: Paying for Remodel

We definitely want to do this project but spending saved money is hard for me! But isn't this just the kind of thing saved money is for? I did my remodel (~6 years ago) using money that I had saved for no particular goal. Yes, it hurt to see balance of account go down, but it sure feels good to hav...
by GerryL
Thu Oct 11, 2018 4:04 pm
Forum: Personal Consumer Issues
Topic: Budget Coffee
Replies: 51
Views: 3109

Re: Budget Coffee

Ha ha ha. I buy store brand INSTANT coffee to mix with milk and brown sugar, which I nuke. Sometimes add chocolate.
The jar of coffee, which lasts several months, costs about $6. It's the milk and sugar that bring up the cost.
Yeah, I know, that's not really coffee.
by GerryL
Thu Oct 11, 2018 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security benefits up 2.8% in 2019
Replies: 19
Views: 2415

Re: Social Security benefits up 2.8% in 2019

sport wrote:
Thu Oct 11, 2018 10:53 am
Do we know what the Medicare Part B premiums will be?
We should be learning that in a few more days/weeks, but the word is that the $134 basic premium is likely to remain stable. That means that only the folks not yet paying $134 (non IRMAA) premium would see their SS raise reduced.
by GerryL
Thu Oct 11, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Decision Basics
Replies: 10
Views: 1014

Re: Medicare Decision Basics

I made my first decision the one between traditional Medicare (with Medigap supplement and Part D) or Medicare Advantage (aka Part C). Only then did I seriously compare options. Doing otherwise you may find yourself comparing apples and oranges. I opted for tradtional Medicare. One key reason being ...
by GerryL
Thu Oct 11, 2018 1:13 am
Forum: Investing - Help with Personal Investments
Topic: Emotions when switching from being long time stock picker over to a more Boglehead approach
Replies: 12
Views: 1038

Re: Emotions when switching from being long time stock picker over to a more Boglehead approach

Carol88888, How about this as a way to simplify and still get your stock-picking fix: Put the bulk of your $$$ into a basic 3- or 4-fund portfolio. Hold aside 5% to use for stock trading. Continue contributing to the Boglehead portfolio but otherwise leave it alone while you “play” in your stock-tra...
by GerryL
Thu Oct 11, 2018 1:01 am
Forum: Investing - Help with Personal Investments
Topic: I just viewed my first Vanguard television commercial on CNN
Replies: 6
Views: 1074

Re: I just viewed my first Vanguard television commercial on CNN

I recall seeing Vanguard commercials on broadcast tv (I don’t have cable) some years back. I thought that the voice over sounded like actress Patricia Clarkson, but I was never able verify that suspicion. It was when they were doing that “Vanguarding” messaging.
by GerryL
Thu Oct 11, 2018 12:51 am
Forum: Personal Consumer Issues
Topic: Feeling Guilt among family/peers
Replies: 42
Views: 5151

Re: Feeling Guilt among family/peers

... I can also afford to regularly travel. I feel like I offend people when I say I’m going on another trip. I’m not in any way bragging; I’m just living my life. Most of my peers/family are living a paycheck to paycheck lifestyle. I guess I feel guilty living. Anyone else ever feel this way? How c...
by GerryL
Thu Oct 11, 2018 12:28 am
Forum: Personal Finance (Not Investing)
Topic: No increase in LTC Insurance Premiums again this year
Replies: 7
Views: 797

Re: No increase in LTC Insurance Premiums again this year

I saw a hefty increase two years ago, but steady last year and this year. Whew.
I adjusted the policy two years ago to keep the cost down. I anticipate making further adjustments after I reach age 80 if I have not needed to use the policy.
by GerryL
Wed Oct 10, 2018 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Sell it all
Replies: 11
Views: 2727

Re: Sell it all

If all of the investments are in retirement accounts (meaning the transactions would not be taxable events) it would be simpler to make the moves all at once. Sort of like rebalancing. Just make sure to check the dividend schedule so you don't execute any of the transactions just as dividends are ab...
by GerryL
Wed Oct 10, 2018 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: What did you buy today
Replies: 108
Views: 7484

Re: What did you buy today

A haircut. And that's not a reference to a loss in stock holdings.
by GerryL
Wed Oct 10, 2018 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you use your own cards for work travel?
Replies: 16
Views: 1099

Re: Do you use your own cards for work travel?

When I travelled for Megacorp (not a lot) I was strongly encouraged to use the company card, but here's the catch: I was responsible for the bill, which was in my name and mailed to my home address (and the card showed up on my credit report). If I submitted my expense report promptly, the bill was ...
by GerryL
Wed Oct 10, 2018 5:00 pm
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 5737

Re: What the heck is growing in my yard?

How about sending your photos to the folks at the North American Mycological Association https://www.namyco.org/.
by GerryL
Wed Oct 10, 2018 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Upcoming interview with Social Security
Replies: 3
Views: 819

Re: Upcoming interview with Social Security

I turned 70 in September. I applied online for my payments to start with September eligibility and used the phrase "maximum delayed retirement credits" (not the acronym) twice in the application. It appears to have worked. My first SS payment is set to hit my checking account next week and the amoun...
by GerryL
Tue Oct 09, 2018 12:11 pm
Forum: Personal Consumer Issues
Topic: Medicare drug question - days or pills?
Replies: 18
Views: 823

Re: Medicare drug question - days or pills?

In order to help patients save money on drugs, some doctors will write a prescription for a double dosage so the patient can split it. My doc knocked down the dosage on one of my medications and told me to split. We determined that the new dosage was working, so I continued. Kept getting refills at ...
by GerryL
Tue Oct 09, 2018 12:05 pm
Forum: Personal Consumer Issues
Topic: Neighbors tree branch growing too close to my house
Replies: 48
Views: 3814

Re: Neighbors tree branch growing too close to my house

My technique (in a land of small yards and large trees): I tell my neighbor that I will need to hack off some branches that are extending onto my property. If they are concerned about the health of "look" of the tree, I give them time to hire someone to do the job professionally. (An arborist told m...
by GerryL
Tue Oct 09, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 12628

Re: What purchase saved you the most money?

Upgraded windows in my house (~15 years ago). Can't say that I have recouped the expense, but they have made my house more comfortable without raising cost of heating (and cooling). I wanted to upgrade my old furnace to a high-efficiency model, but I knew it would be a waste as long as the old, alum...
by GerryL
Mon Oct 08, 2018 7:17 pm
Forum: Personal Consumer Issues
Topic: Outdoor Furniture
Replies: 9
Views: 1103

Re: Outdoor Furniture

How does doug fir hold up to the elements (specifically the sun, which does the most damage)? I understand cedar and teak are the best for outdoor furniture.
Could you wrap/cover the furniture for off-season and leave it where it is?
I limit my outdoor furniture to what I can fit into the garage.
by GerryL
Sun Oct 07, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Plan For Depleting Your Investments If No Heirs?
Replies: 39
Views: 4655

Re: Plan For Depleting Your Investments If No Heirs?

My plan is to devote an increasing portion of my RMDs each year to QCDs to keep my annual income below the threshold for increased Medicare premiums (IRMAA) and to do more of my giving while I'm still around to enjoy it. I have no scheme to die clenching my last nickel in my fist (as my dad said he ...
by GerryL
Sun Oct 07, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: apply for cc with frozen credit
Replies: 10
Views: 1101

Re: apply for cc with frozen credit

I agree about only needing to unlock for a day or two. Citibank is another that requires unfreezing all three. I haven't heard of Citi hitting all three bureaus but perhaps they do in some situations. Citi and Chase have hit me on two though but it is inconsistent. I got a Citi/Costco card just thi...
by GerryL
Sun Oct 07, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: When did SSA notify you about your initial SS payment?
Replies: 12
Views: 1402

Re: When did SSA notify you about your initial SS payment?

Update: Returned home this week to find that my SS determination letter had been mailed out about a week before my 70th birthday. Was a bit dismayed to see that the payout would be below the latest estimate. Over $100 below — $134 to be exact. Kept reading and realized that accounted for Medicare Pa...
by GerryL
Sun Oct 07, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: What part of your investment philosophy was "Inspired by Jack Bogle"?
Replies: 27
Views: 1095

Re: What part of your investment philosophy was "Inspired by Jack Bogle"?

I was taught by my parents to live below my means and to pay myself first. When I finally looked into “investing in the stock market” I learned about the importance of keeping expenses low and started with a relatively inexpensive managed fund (Dodge & Cox). It wasn’t until some years later, after s...
by GerryL
Sun Oct 07, 2018 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone used software to write a Will?
Replies: 15
Views: 1270

Re: Has anyone used software to write a Will?

I use a software for our wills and I update them annually. 90% our assets is in 401K, IRAs, and Roth IRAs and will be distributed to the beneficiaries we've specified so the wills are only there to address our home and personal items. Our situation is not complicated enough to use a lawyer. Travelf...
by GerryL
Sun Oct 07, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: apply for cc with frozen credit
Replies: 10
Views: 1101

Re: apply for cc with frozen credit

What I’ve done: Made the application for the card then waited for them to tell me which credit agency account needed to be thawed temporarily. Was okayed on the phone.
by GerryL
Sat Oct 06, 2018 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: The Psychological Dimension Of The Transition To Retirement
Replies: 25
Views: 2803

Re: The Psychological Dimension Of The Transition To Retirement

Regarding de-accumulation: I had a good enough understanding of my spending (tracked over 2 decades in Quicken) and my spending habits (frugal) to be comfortable with my expenses in retirement. A financial plan from Vanguard made it clear that I could/should ramp up my spending (significantly) if I ...
by GerryL
Fri Oct 05, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - You'll need to sign up for security codes soon
Replies: 177
Views: 22468

Re: Vanguard - You'll need to sign up for security codes soon

A note about lack of email support for authentication: I spent Spetember in France and while there realized I was unable to check some transactions in my Vanguard account because I swap out the SIM in my phone with a SIM that gives me a local number while I'm there. Email authentication would have w...
by GerryL
Fri Oct 05, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: My apathetic sister's rollover IRA Money Market
Replies: 12
Views: 1019

Re: My apathetic sister's rollover IRA Money Market

Maybe deliver this message in as loving a way as possible: I'm here to help you with your investment questions. Just ask. But please understand that I will not be your backup retirement plan.
by GerryL
Thu Oct 04, 2018 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion's: Best time to withdraw RMD's when required to do so.
Replies: 42
Views: 3255

Re: Opinion's: Best time to withdraw RMD's when required to do so.

I will turn 70.5 early next year. Plan is to execute QCDs in the first half of the year. In the second half of the year I will take the rest of the RMD and have federal and state taxes withheld. One goal of this plan is to eliminate the need to file estimated taxes throughout the year.
by GerryL
Thu Oct 04, 2018 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Lovers?
Replies: 43
Views: 4663

Re: Vanguard Balanced Index Fund Lovers?

I have always used VG Balanced Index Fund for my taxable account. Since I have a 60/40 AA anyway, it means I don’t have to muck around with rebalancing that part of my portfolio. My traditional and Roth IRAs are composed of the basic 4-funds. No balances to add any other funds to taxable. Is there ...
by GerryL
Wed Oct 03, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Lovers?
Replies: 43
Views: 4663

Re: Vanguard Balanced Index Fund Lovers?

I have always used VG Balanced Index Fund for my taxable account. Since I have a 60/40 AA anyway, it means I don’t have to muck around with rebalancing that part of my portfolio. My traditional and Roth IRAs are composed of the basic 4-funds. No balances to add any other funds to taxable.
by GerryL
Mon Oct 01, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Required minimum distribution
Replies: 3
Views: 766

Re: Required minimum distribution

I just turned 70. Next year I was told I would have to withdraw 10,000 dollars. I am working part time. Can I transfer some of my traditional Ira to a Roth. Is it advisable. What do most people invest their deduction into for best tax results. This is my first post. Thanks In the year you turn 70.5...
by GerryL
Sun Sep 30, 2018 7:12 am
Forum: Personal Consumer Issues
Topic: Consumer reports email with pdf attached??
Replies: 8
Views: 949

Re: Consumer reports email with pdf attached??

Thanks for the suggestion. I did a live chat with them and they confirmed it was from them. Thanks much. Bogleheads rule. Extremely poor internet practice by CR sending unsolicited attachments. Here’s another poor internet practice for you. My internet provider routinely counsels good internet hygi...
by GerryL
Thu Sep 27, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: Anyone ever tired of managing hair and consider shaving to go bald
Replies: 59
Views: 4353

Re: Anyone ever tired of managing hair and consider shaving to go bald

I have been considering it now and then, but the fear or social stigma especially in the work place is keeping me away from doing it. Not to speak of unspeakable horrors at home from my spouse and kids. But, I want to feel free sometimes of the hair, and at least for once try it. Has anyone else tr...
by GerryL
Thu Sep 27, 2018 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Freeze with new Credit card
Replies: 4
Views: 520

Re: Freeze with new Credit card

Hi All, My wife and I froze our credit years ago but would like to apply for a new credit card. Do we both need to thaw if the card will be in both of our names? thanks I’ve applied for a couple of new cards after freezing my credit. Each time I submitted the application I waited for the card issue...
by GerryL
Mon Sep 24, 2018 4:48 am
Forum: Personal Consumer Issues
Topic: Best/worst flavors of Gatorade/Powerade
Replies: 25
Views: 1766

Re: Best/worst flavors of Gatorade/Powerade

bob60014 wrote:
Sun Sep 23, 2018 9:23 pm
Water!
I was only drinking water when my doc told me — during a bout of laryngitis— that I needed antioxidants, whatever those are. Suggested sports drinks. Now keep various flavors on hand, but grape is my favorite.
by GerryL
Sat Sep 22, 2018 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Online Savings Accounts
Replies: 8
Views: 896

Re: Online Savings Accounts

I keep a chunk of cash in an Ally savings account for two reasons: It offers a slightly better rate than my credi union and I can use the debit card to get cash from ATMs when traveling in Europe. (Transaction fees apply.)
by GerryL
Fri Sep 21, 2018 6:55 pm
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 133
Views: 11635

Re: Did you really have something to retire to?

I do still use the alarm clock, although I now allow some "snoozes" as needed. I know from experience that I need that to keep to something like a regular schedule. Otherwise I'll start staying up and getting up later each day. Funny. The only time I use an alarm is when I’m “on vacation” or have a...