Search found 2206 matches

by bhsince87
Sat May 25, 2019 10:55 pm
Forum: Investing - Theory, News & General
Topic: How to retire early by targeting a low/zero balance at the end of life?
Replies: 22
Views: 2398

Re: How to retire early by targeting a low/zero balance at the end of life?

It's ridiculously simple to die broke.

But as they say with weight loss and other things, it's not easy.
by bhsince87
Fri May 24, 2019 1:14 pm
Forum: Investing - Theory, News & General
Topic: Early retire and taxable. More bonds? Different AA than tax deferred space?
Replies: 26
Views: 1540

Re: Early retire and taxable. More bonds? Different AA than tax deferred space?

If you plan early retirement or going to part time before 59.5 years old, does it make sense to hold more bonds in your taxable? If you are high tax bracket (32%) and want to slow down before 60 it seems like you might need to consider holding a higher percentage of bonds in your taxable to preserv...
by bhsince87
Fri May 24, 2019 11:25 am
Forum: Investing - Theory, News & General
Topic: Early retire and taxable. More bonds? Different AA than tax deferred space?
Replies: 26
Views: 1540

Re: Early retire and taxable. More bonds? Different AA than tax deferred space?

I have quite a few bonds, MM, and CDs in taxable for several reasons. When I knew I was a few years from early retirement, I wanted to go to a more conservative AA. And instead of selling stocks, I just bought bonds and CDs instead. I was maxing out my tax deferred accounts, so I ended up buying mor...
by bhsince87
Thu May 23, 2019 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: [Proposed changes to 401(k) and IRAs]
Replies: 35
Views: 1902

Re: Looks like the Stretch IRA is about to be killed

Well, I never even heard of them before, so I guess I'm not going to worry much.
by bhsince87
Thu May 23, 2019 4:30 pm
Forum: Investing - Theory, News & General
Topic: How to "lie" with Personal Finance
Replies: 28
Views: 4849

Re: How to "lie" with Personal Finance

I don't think the author of that post actually understands the "4% rule". For example, in this discussion about the year 2000 retire cohort: "Adjusting for inflation, your portfolio would still be significantly under its starting value, just around $674,000 as of 4/30/2019. If you keep withdrawing $...
by bhsince87
Thu May 23, 2019 2:52 pm
Forum: Personal Consumer Issues
Topic: Is Tesla Going To Survive?
Replies: 99
Views: 6515

Re: Is Tesla Going To Survive?

If you already bought a Tesla 3, don't sell it. Save it for your children. Consider it a $35000 long term speculative investment. If you didn't and have gambling money, and the company crashes, consider buying a used Tesla S within a few years of when the company crashes for a quarter of its origin...
by bhsince87
Wed May 22, 2019 6:11 pm
Forum: Personal Investments
Topic: Federal Gov't Early Retirement?
Replies: 45
Views: 3501

Re: Federal Gov't Early Retirement?

I'm just about convinced that I could start in the next year or two, and as long as I work a minimum of 5 years and until age 62, we would then be covered for life and the reduced fed rates. Does that sound correct? Thanks. Note that there is a change in the federal healthcare once you reach Medica...
by bhsince87
Wed May 22, 2019 11:41 am
Forum: Personal Investments
Topic: Secular change in investment outlook on the horizon?
Replies: 10
Views: 1071

Re: Secular change in investment outlook on the horizon?

You are speculating, which is interesting and fun. But history shows it's seldom helpful in boosting returns. There are thousands of companies out there, with millions of intelligent and informed people with specialized expertise in their particular markets and niches. And for the most part, they wi...
by bhsince87
Wed May 22, 2019 11:26 am
Forum: Personal Investments
Topic: Federal Gov't Early Retirement?
Replies: 45
Views: 3501

Re: Federal Gov't Early Retirement?

Then it is for a penalty free immediate pension and health insurance: 5 yrs and age 62 20 and 62 30 and MRA. Its best to read the documents online since they will be most accurate. Thanks for saying this this way. I have read the documents on line, and they are confusing, to say the least. I am toy...
by bhsince87
Tue May 21, 2019 1:56 pm
Forum: Personal Investments
Topic: Early Retirement Bridge Approach
Replies: 18
Views: 2738

Re: Early Retirement Bridge Approach

Hi - Found some threads on this topic, but no definitive consensus on the answer to my question. Generally, what's the typical practice of posters here for bridging the early retirement gap (e.g., retiring before 59 1/2)? I'm 35 so I still have time to change my strategy. 1 - Max 401k and ROTH IRA ...
by bhsince87
Mon May 20, 2019 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: What can a $120K spending budget do in early retirement years?
Replies: 22
Views: 3606

Re: What can a $120K spending budget do in early retirement years?

Looks like a pretty good estimate to me. Ours is actually very similar to that.

We budget $15k for travel, but $35k for healthcare. Insurance alone is $28k with a $5k deductible. Plus medication costs. And that's at current rates. We expect those to go up until we hit age 65.
by bhsince87
Mon May 20, 2019 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Tax return filed 4/3/19, still no refund received. How screwed am I?
Replies: 10
Views: 1181

Re: Tax return filed 4/3/19, still no refund received. How screwed am I?

We just got ours last Thursday, so I wouldn't worry too much.
by bhsince87
Tue May 14, 2019 4:22 pm
Forum: Personal Investments
Topic: 31 Years Old, Sold Company for 3MM. Want to retire. How to allocate in taxable?
Replies: 19
Views: 3071

Re: 31 Years Old, Sold Company for 3MM. Want to retire. How to allocate in taxable?

+How can I keep my portfolio balanced as my gains increase over time and drift away from 80/20. Surely this is tax disadvantageous? Probably not. Remember you are only taxed on the gains, Let's say a withdrawl of 3.5% ($105k) is $80k principal and $25k long term capital gains, your tax burden is $0...
by bhsince87
Mon May 13, 2019 11:06 pm
Forum: Personal Consumer Issues
Topic: Help me figure out cotton shirt mystery
Replies: 21
Views: 2548

Re: Help me figure out cotton shirt mystery

Also note that laundry detergent isn't like it used to be. Phosphates have been elminated, so they might not remove coatings or treatments as well as in the past. We add a little Tri Sodium Phosphate (TSP) to our washing machine occasionally, and it makes a difference. Check local laws for availabil...
by bhsince87
Mon May 13, 2019 9:45 pm
Forum: Personal Consumer Issues
Topic: Mosquito Magnet
Replies: 4
Views: 706

Re: Mosquito Magnet

I've had two. I was pretty happy with them. The definitely work! We live in the woods with, literally, a swamp in our backyard. What was nice in our situation is that once we knocked out the first few generations by about the end of June, the mosquitoes were gone for the rest of the year. The trees ...
by bhsince87
Mon May 13, 2019 9:20 pm
Forum: Personal Consumer Issues
Topic: Regulate Office Temperature
Replies: 31
Views: 2197

Re: Regulate Office Temperature

One Ping wrote:
Mon May 13, 2019 5:56 pm
bhsince87 wrote:
Mon May 13, 2019 5:40 pm
I've seen electrically (Peltier) cooled seats for cars and trucks, but don't know of any available for indoor use.

There's a new device out that works on the same principles, but attaches to your wrist. Might be worth a try.

$300. https://embrlabs.com/
Wow. Cool ... :wink:
Or HOT!
by bhsince87
Mon May 13, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of becoming an independent contractor
Replies: 35
Views: 2512

Re: Benefits of becoming an independent contractor

I've been toying with this idea myself, so I'll jump in with another question: Does anyone know if the recent 20% net profit exclusion applies to contract work like this? In general, yes, as an independent contractor you should be able to take the Section 199A deduction. The rules are different whe...
by bhsince87
Mon May 13, 2019 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of becoming an independent contractor
Replies: 35
Views: 2512

Re: Benefits of becoming an independent contractor

I've been toying with this idea myself, so I'll jump in with another question:

Does anyone know if the recent 20% net profit exclusion applies to contract work like this?
by bhsince87
Mon May 13, 2019 5:40 pm
Forum: Personal Consumer Issues
Topic: Regulate Office Temperature
Replies: 31
Views: 2197

Re: Regulate Office Temperature

I've seen electrically (Peltier) cooled seats for cars and trucks, but don't know of any available for indoor use.

There's a new device out that works on the same principles, but attaches to your wrist. Might be worth a try.

$300. https://embrlabs.com/
by bhsince87
Mon May 13, 2019 1:50 pm
Forum: Personal Consumer Issues
Topic: Heating with propane?? Good idea?
Replies: 38
Views: 1908

Re: Heating with propane?? Good idea?

Good day. We live in a very rural area northwest of Cincinnati, Ohio. We currently have an air heat pump system to heat our house. I'm not a big fan, because even when it gets the house to the thermostat temperature, the house still feels cold. It switches over to electric when the temperatures fal...
by bhsince87
Mon May 13, 2019 1:42 pm
Forum: Personal Investments
Topic: Does your retirement plan work if stocks are flat or in decline for decades?
Replies: 180
Views: 10315

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

This is one reason folks like Rick Ferri promote 30/70 AA's for retirees. We currently have 30+ years of base living expenses in bonds. Equities are for nicer things, buffer, and for buying annuities later on. The big assumption is that ACA stays around another 10 years, and later that Medicare is s...
by bhsince87
Sat May 11, 2019 2:24 pm
Forum: Personal Consumer Issues
Topic: Best way to kill poison ivy
Replies: 43
Views: 2230

Re: Best way to kill poison ivy

I don't live in poison ivy country, but have relatives who do. They get poison ivy mingled with normal ivy they don't want to kill. They use a small paintbrush to paint the occasional poison ivy leaf with a dab of Roundup, and apparently it kills the whole poison ivy plant while leaving the intermi...
by bhsince87
Thu May 09, 2019 10:56 pm
Forum: Personal Investments
Topic: Lower risk is in my plan but I just can't!
Replies: 51
Views: 3879

Re: Lower risk is in my plan but I just can't!

I recently moved from 95/5, where I was at for 30 years, to 55/45, at age 53. And then retired. It was a bit difficult at first. I kept telling myself, "This is what "winning the game" looks like. I've made it this far, and now it's time to lock in the gains and protect what I have." Now I get a ki...
by bhsince87
Thu May 09, 2019 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-existing condition + insurance in retirement
Replies: 13
Views: 1344

Re: Pre-existing condition + insurance in retirement

I retired Jan 1 at age 53. Currently covered under my wife's insurance, which will turn to COBRA in July when she retires. We have lots of "pre-existing conditions". And we have no idea what our health insurance options will be even next year. My point is, do not waste a minute of your time worrying...
by bhsince87
Thu May 09, 2019 5:55 pm
Forum: Personal Investments
Topic: Lower risk is in my plan but I just can't!
Replies: 51
Views: 3879

Re: Lower risk is in my plan but I just can't!

I recently moved from 95/5, where I was at for 30 years, to 55/45, at age 53. And then retired. It was a bit difficult at first. I kept telling myself, "This is what "winning the game" looks like. I've made it this far, and now it's time to lock in the gains and protect what I have." Now I get a kic...
by bhsince87
Thu May 09, 2019 1:36 pm
Forum: Personal Consumer Issues
Topic: Good town to stop on I-81
Replies: 41
Views: 2962

Re: Good town to stop on I-81

I've been making that drive for about 30 years! One good thing IMO, is you'll be hitting it at about the prettiest time of the year. "Peak green" is what I like to call it. Lots of good suggestions so far. I'm not clear as to how close to Harrisburg you want to be before you stop. That could impact ...
by bhsince87
Wed May 08, 2019 10:24 pm
Forum: Personal Investments
Topic: The 4% rule
Replies: 94
Views: 6412

Re: The 4% rule

P.S. Many are lauding that historically low bond yields are a death knell to the '4% rule', but this ignores that inflation has been historically low for a long time now. I'm using bond real returns in my estimates. Not even 2%, so one needs stocks to give 6+% real to get to a 4% real 50/50 portfol...
by bhsince87
Wed May 08, 2019 8:24 pm
Forum: Personal Consumer Issues
Topic: Winter Tires All Year?
Replies: 62
Views: 3519

Re: Winter Tires All Year?

Everyone I know who drives a Prius uses regenerative braking probably 98% of the time. So tire stopping distance is not an issue. If you're worried about that 2% chance when 20 extra feet might avoid an accident, then swap out your tires. But also consider the environmental impact of having two sets...
by bhsince87
Wed May 08, 2019 8:15 pm
Forum: Personal Investments
Topic: The 4% rule
Replies: 94
Views: 6412

Re: The 4% rule

P.S. Many are lauding that historically low bond yields are a death knell to the '4% rule', but this ignores that inflation has been historically low for a long time now. I'm using bond real returns in my estimates. Not even 2%, so one needs stocks to give 6+% real to get to a 4% real 50/50 portfol...
by bhsince87
Wed May 08, 2019 12:38 pm
Forum: Personal Investments
Topic: The 4% rule
Replies: 94
Views: 6412

Re: The 4% rule

I believe it's not low bond yields that are concerning. It's high bond yields DUE TO REAL INFLATION that are the killer in SWR viability. Early real inflation during withdrawal is a real killer. I think this is a key point. A lot of people seem to forget that the 4% initial number is increased each...
by bhsince87
Mon May 06, 2019 8:40 pm
Forum: Personal Consumer Issues
Topic: Winter Tires All Year?
Replies: 62
Views: 3519

Re: Winter Tires All Year?

Yes, just do it.

The decision is not even worth the amount of human capital used in discussing it so far!
by bhsince87
Mon May 06, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: What do you do with variable bonus?
Replies: 24
Views: 1663

Re: What do you do with variable bonus?

I worked for many years with annual bonus ranging from $50k to $150k. I never factored it into our budget.

Firest, we maxed out all tax advantaged accounts ASAP each year.

Then put 5% in our "fun" account, to spend on, well, fun stuff.

The rest would go into after tax investments.
by bhsince87
Sun May 05, 2019 2:41 pm
Forum: Investing - Theory, News & General
Topic: Reversion to the Mean Is Dead?
Replies: 63
Views: 6559

Re: Reversion to the Mean Is Dead?

I will boldly make a few predictions of some sectors that won't "revert to mean": RJR and Philip Morris will not soon be selling cigarettes like they did in 1970. Capitol Records and EMI won't be pumping out 10's of millions of LPs or CDs at $19.99 a peice. Shopping malls will not grow sales at the ...
by bhsince87
Sat May 04, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: created LLC, can I deduct aca premiums?
Replies: 9
Views: 906

Re: created LLC, can I deduct aca premiums?

thanks for all the help! I'm a one member LLC so I think that's treated as a sole proprietorship from a tax perspective. The HRA angle is interesting, my wife and I also teach tennis, so I'm guessing we could bring that revenue into the LLC and then designate her as an employee. However, if things ...
by bhsince87
Sat May 04, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Perspective [How much is left for spending in retirement?]
Replies: 47
Views: 3995

Re: Perspective [How much is left for spending in retirement?]

You have a valid point, but your numbers are off. I project our retirement average tax rate (MFJ) to be around 9%. So I count our pre-tax 401k, IRAs as 90% of current value. But I also expect there will be some years where we will pay near zero in Federal tax. We have a large amount of investments i...
by bhsince87
Fri May 03, 2019 1:19 pm
Forum: Investing - Theory, News & General
Topic: Short BYND? (beyond meat, IPO today)
Replies: 76
Views: 4552

Re: Short BYND? (beyond meat, IPO today)

Cycle wrote:
Thu May 02, 2019 3:09 pm
Let me guess, you also wanted to short netflix when they stopped DVDs
Actually, Netflix would have been a great company to short on IPO.

It came out at $1.12, but was down about 65% 5 months later.
by bhsince87
Wed May 01, 2019 1:04 pm
Forum: Personal Consumer Issues
Topic: Alka Seltzer Tablets but without medication?
Replies: 12
Views: 1296

Re: Alka Seltzer Tablets but without medication?

Do you want carbonated water, or club soda? If the latter, acid (vinegar) and baking soda will do the trick: https://www.splendidtable.org/recipes/no-fermentation-soda If you want carbonated water with no bicarbonate in it, invest in a CO2 tank and gauge for homebrew, and then an adapter that allow...
by bhsince87
Sun Apr 28, 2019 10:45 pm
Forum: Personal Consumer Issues
Topic: Considering purchasing a new point-and-shoot camera
Replies: 25
Views: 1480

Re: Considering purchasing a new point-and-shoot camera

Thank you for the follow up. I'm sure you'll enjoy your new camera!
by bhsince87
Sat Apr 27, 2019 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: 80% Boglehead / 20% “Crazy”?
Replies: 24
Views: 2399

Re: 80% Boglehead / 20% “Crazy”?

This is more of a legal question than an investing one.

Interesting to consider, though!
by bhsince87
Sat Apr 27, 2019 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: How to define wealth
Replies: 51
Views: 4716

Re: How to define wealth

That seems like a ridiculous way to measure wealth.

Comparing restaurants and vacations is just another form of measuring success by consumerism.

The truly wealthy never have to eat in a restaurant or take a vacation.
by bhsince87
Sat Apr 27, 2019 9:25 pm
Forum: Personal Investments
Topic: pay down mortgage vs. invest in taxable?
Replies: 30
Views: 3026

Re: pay down mortgage vs. invest in taxable?

OP here. Thanks for all the replies. I edited my original post to include my tax rate and the amount remaining on the loan. I'm now leaning towards investing in taxable. If I do pay down the mortgage, is there a particular strategy for doing so that takes into account the amortization schedule and ...
by bhsince87
Sat Apr 27, 2019 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes
Replies: 37
Views: 1920

Re: Taxes

Ballpark number sounds about right.

You're paying around an extra 12% up to $128k, so your rate is maybe 25-35% there. Then it dips a little. Then goes back to 35-37% for a large portion of your income.
by bhsince87
Fri Apr 26, 2019 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: 10 minutes worth $300K?
Replies: 61
Views: 8399

Re: 10 minutes worth $300K?

You could get the less expensive house and then "buy" that time back by paying someone to do work that you normally do. For example if you normally mow your own grass then you could hire someone to cut your grass for you to free up an hour or two a week to offset the extra time you are commuting. T...
by bhsince87
Fri Apr 26, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: 10 minutes worth $300K?
Replies: 61
Views: 8399

Re: 10 minutes worth $300K?

Do you do anything productive or entertaining while you're on the train?

If so, it's not like it's totally wasted time.
by bhsince87
Fri Apr 26, 2019 7:41 pm
Forum: Personal Investments
Topic: The "joy" of owning individual stocks
Replies: 25
Views: 3479

Re: The "joy" of owning individual stocks

I own about 35 individual stocks. Very tech heavy. Have about 2,000 shares of Intel, so I took a pretty big hit over the last few days. It happens. Averaged in at less than $10 a share though, so it's all good. I was tempted to buy on the dip. It's been easy money in the past. But I'm retired now, a...
by bhsince87
Fri Apr 26, 2019 3:15 pm
Forum: Investing - Theory, News & General
Topic: Dividends v Buybacks, Boeing
Replies: 17
Views: 1728

Re: Dividends v Buybacks, Boeing

Buy backs also cause earnings per share to increase, assuming earnings stay consistent. Some folks think that is some sort of trickery.

Another effect for a company that pays dividends is that they are also eliminating a future obligation to pay dividends for the shares repurchased.
by bhsince87
Thu Apr 25, 2019 8:51 pm
Forum: Personal Investments
Topic: Disabled, Disillusioned, but Significant Assets - Move Overseas, Offshore?
Replies: 47
Views: 3359

Re: Disabled, Disillusioned, but Significant Assets - Move Overseas, Offshore?

In all honesty, you are not making much sense here.

Could you comfortably transfer financial decisions to your husband?

I realize he might not have the CPA experience that you do.

But, in your own words, "I became unable to properly manage the investments due to my fading cognitive skills. "
by bhsince87
Thu Apr 25, 2019 1:54 pm
Forum: Personal Consumer Issues
Topic: Considering purchasing a new point-and-shoot camera
Replies: 25
Views: 1480

Re: Considering purchasing a new point-and-shoot camera

As someone else mentioned, you should be very wary of a those cameras being sold at such low prices.

They are possibly gray market. Which may be OK if you know what you are getting.

Tristate Camera is known for that.

https://www.yelp.com/biz/tri-state-camera-new-york
by bhsince87
Wed Apr 24, 2019 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Lifestyle creep
Replies: 73
Views: 7495

Re: Lifestyle creep

Enjoy it!

"Lifestyle creep" is one of the key drivers of the capitalist economy.

There's nothing wrong with wanting to make your life more enjoyable.

Moderation is the key. But THAT is a murky subject....
by bhsince87
Tue Apr 23, 2019 8:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 902
Views: 86912

Re: "S&P 500 Index closes at record high"

After inflation, that's a whopping 35% return since April 2000!

(Not including dividends).