Search found 1735 matches

by LeeMKE
Sun Aug 26, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Questions on portfolio changes and saving for retirement
Replies: 8
Views: 705

Re: Questions on portfolio changes and saving for retirement

5. With limited tax-advantaged space at my disposal, I'll be holding the majority of money for retirement inside my Taxable account within the next 2-3 years. Is this something that I should be concerned about? Should not having a 401k or SIMPLE IRA during this accumulation phase be a dealbreaker w...
by LeeMKE
Sun Aug 26, 2018 5:16 am
Forum: Investing - Help with Personal Investments
Topic: Game Changing Inheritance of Stocks! Now what?
Replies: 75
Views: 7020

Re: Game Changing Inheritance of Stocks! Now what?

There is an emotional attachment to the BRK but we are going to move towards more diversification and reaping as much tax savings as we possibly can. Good move. +1 on maxing out all the vehicles you have to shelter some of this in retirement accounts (both yours and ROTH for your children) One more...
by LeeMKE
Sun Aug 26, 2018 4:14 am
Forum: Investing - Theory, News & General
Topic: Fidelity Full View transition to eMoney
Replies: 126
Views: 13406

Re: Fidelity Full View transition to eMoney

Is it possible that Fidelity got nervous about the use of their platform as a substitute for personal budgeting and decided to avoid the possibility of fiduciary responsibility by cleaning up the amount of data saved? I haven't used the Fidelity website as a budgeting tool, and wasn't aware that thi...
by LeeMKE
Fri Aug 24, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 50,000
Replies: 13
Views: 1170

Re: How to Begin with 50,000

You begin the same as with any amount. Pick an asset allocation, move the funds someplace that won't charge a fee for advice, administration and oversight, and spread the money according to your asset allocation. Check in again in a few years, or not, just leave it invested.
by LeeMKE
Fri Aug 24, 2018 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a job at a startup without a 401k
Replies: 23
Views: 1730

Re: Taking a job at a startup without a 401k

The 401K is a vehicle to save for retirement. It is valuable. But it is not necessary to save for retirement. You can budget to save at least 15% of your income, stuffing the IRA vehicle, and then putting the rest in a taxable investment account. Take the job, but backstop with your own savings acco...
by LeeMKE
Fri Aug 24, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: At a standstill... maxed 401k & IRA, now what?
Replies: 9
Views: 1120

Re: At a standstill... maxed 401k & IRA, now what?

EF = Emergency fund Two ways to come up with your emergency fund amount: A) Pick a number of months of expenses you feel is a good buffer for you. If work is extremely stable, 6 months works for an emergency fund. If you have just one source of income and multiple responsibilities, or work could bec...
by LeeMKE
Thu Aug 23, 2018 12:44 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Full View transition to eMoney
Replies: 126
Views: 13406

Re: Fidelity Full View transition to eMoney

Nuts. I've been following along waiting to hear when we would be able to re-connect outside accounts. Using Chrome just now did not work for me. Maybe soon, but not yet.
by LeeMKE
Mon Aug 13, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio for retired 75 year old
Replies: 3
Views: 713

Re: Help with portfolio for retired 75 year old

Yes, do what you can to simplify the portfolio by selling those two and reinvesting in FSITX. But I would take at least $20,000 and put it aside for her to use for travel the next few years, and then see what should be sold to harvest enough for travel or extras after that. Goodness, it is time for ...
by LeeMKE
Mon Aug 13, 2018 2:43 am
Forum: Investing - Help with Personal Investments
Topic: Please comment on our retirement allocation
Replies: 9
Views: 1075

Re: Please comment on our retirement allocation

Thank you so much. Mr. Taylor Larimore set me on this track several years ago. I don't follow the markets very closely so I like to check and make sure I'm still on track. The beauty of the Boglehead way is we don’t have to keep track of the markets. Heck, most of us would be better off never rebal...
by LeeMKE
Sun Aug 12, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Please comment on our retirement allocation
Replies: 9
Views: 1075

Re: Please comment on our retirement allocation

If I'm reading this correctly, you have a comfortable retirement and are taking less than 4% from your portfolio. You don't mention that you have obligations to cover expenses for someone else after your demise. And the portfolio is enough to cover nursing home care if that became necessary. In your...
by LeeMKE
Thu Aug 02, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help with My Draft Retirement Investment Plan please!
Replies: 8
Views: 914

Re: Help with My Draft Retirement Investment Plan please!

+1 Bloom2708 You are doing fine. You can manage this yourself. One tool I use that may be helpful is the calculator at www.I-ORP.com This website has a simple version, just one page and gives you an idea of how it works. Then, select the Extended version, answer a few more questions than before and ...
by LeeMKE
Thu Aug 02, 2018 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: New Retiree seeks feedback
Replies: 4
Views: 855

Re: New Retiree seeks feedback

+1 Bloom2708

The equity portion is more complex than I'd want doing retirement. I have better things todo.
by LeeMKE
Fri Jul 06, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: How I use I-ORP, and who shouldn't
Replies: 155
Views: 19569

Re: How I use I-ORP, and who shouldn't

For us, the Roth Conversions make a huge difference. If your circumstance is such that it doesn’t matter much, great! You can move on to something else. If you have sisters or brothers, do what you can to encourage them to try I-ORP. If it doesn’t matter much, great! But when it matters, it matters ...
by LeeMKE
Sat Jun 30, 2018 11:33 pm
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 8357

Re: What % of your equity is int’l?

40% of equities
by LeeMKE
Tue Jun 19, 2018 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: My error with EIN on W2. Stand alone or IRS fix?
Replies: 0
Views: 190

My error with EIN on W2. Stand alone or IRS fix?

I got a phone call from Social Security. It seems I used my SS# in 2016 on the W2 forms I sent in, and should have used the EIN I got for this purpose. We had 2 household workers helping me at home when I was laid up that year. When I did the research of how to pay and report their earnings, it was ...
by LeeMKE
Tue Jun 19, 2018 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 169
Views: 15376

Re: How much (green) cash at home for emergency ?

I don't keep much cash at home. DH on the other hand likes to have a stash of cash. That came to a halt when he opened his strong box in front of a young man of hoodlum propensities at our house. I'm not interested in becoming a target of burglary because someone has (or is rumored to have) a stash ...
by LeeMKE
Tue Jun 19, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Temporary Residency Tax Deduction for Surgical Fellowship
Replies: 5
Views: 338

Re: Temporary Residency Tax Deduction for Surgical Fellowship

I am not an expert in this area. However I recently researched Domicile Law and met with an attorney who is an expert in this topic. You do not meet a primary requirement for change of domicile, Intention to make State B your home residence. A one year residency is not long enough to fly with anyone...
by LeeMKE
Mon May 21, 2018 1:18 am
Forum: Investing - Help with Personal Investments
Topic: Please help me rationalise this 401k investment choice
Replies: 23
Views: 1497

Re: Please help me rationalise this 401k investment choice

So, let's take the example of MID-CAP GROWTH FUND RPMGX . From the "Since inspection" return of 13.86 and subtracting the net ER of .76 gives us 13.1%. This seems higher than VINIX. Is my calculation incorrect ? Yes, this calculation is incorrect. Understand that you pay the fee every year. So, the...
by LeeMKE
Sun May 20, 2018 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me rationalise this 401k investment choice
Replies: 23
Views: 1497

Re: Please help me rationalise this 401k investment choice

Maybe I'm missing something from your 401K options. Here's what I saw on your list: There are some funds that seem to have better performance than the typical Boglehead Index fund, BUT once you calculate the added fees COMPOUNDED, the performance is below the Index funds. I looked at 5 year, 10 year...
by LeeMKE
Sun May 20, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: Has Firecalc or I-ORP altered your retirement plans?
Replies: 35
Views: 4189

Re: Has Firecalc or I-ORP altered your retirement plans?

Every tool has assumptions. Some we may agree with, some we may disagree with, many we have no better insight than the tool developer. My solution has been to use 3 tools I have confidence in. When all three tools correlate, the next decision is easy. When two correlate, I'll probably go with majori...
by LeeMKE
Sun May 20, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: Has Firecalc or I-ORP altered your retirement plans?
Replies: 35
Views: 4189

Re: Has Firecalc or I-ORP altered your retirement plans?

You have to use a tool with the underlying assumptions taken into consideration. I-ORP optimizes for your planning period, not beyond. So yes, if you are planning to leave an estate to heirs and want to plan for how the funds are held at death, I-ORP stops short of that analysis. by DR » Sun May 20,...
by LeeMKE
Sat May 19, 2018 3:08 pm
Forum: Local Chapters and Bogleheads Community
Topic: Wisconsin - Milwaukee meetings - Master Thread
Replies: 32
Views: 6830

Re: Wisconsin - Milwaukee meetings - Master Thread

We are moving the last Bogleheads II meeting to Sunday XXXX X. BACK TO ORIGINAL DATE! Sunday May 20. Same time and place. (5:00 Bollywood grille) One of our regular members has a death in the family and two family members have been regular members, so we are moving the meeting to give them some spa...
by LeeMKE
Fri May 18, 2018 9:34 pm
Forum: Local Chapters and Bogleheads Community
Topic: Wisconsin - Milwaukee meetings - Master Thread
Replies: 32
Views: 6830

Re: Wisconsin - Milwaukee meetings - Master Thread

We are moving the last Bogleheads II meeting to Sunday JUNE 3.

Same time and place. (5:00 Bollywood grille)
One of our regular members has a death in the family and two family members have been regular members, so we are moving the meeting to give them some space.
by LeeMKE
Sat May 12, 2018 5:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: Wisconsin - Milwaukee meetings - Master Thread
Replies: 32
Views: 6830

Re: Wisconsin - Milwaukee meetings - Master Thread

This last meeting is at 5:00 pm.

The restaurant has a bar as well as full menu for dinner. See you then!
by LeeMKE
Sat May 12, 2018 10:50 am
Forum: Local Chapters and Bogleheads Community
Topic: Wisconsin - Milwaukee meetings - Master Thread
Replies: 32
Views: 6830

Re: Wisconsin - Milwaukee meetings - Master Thread

Sure! Out of town Bogleheads are welcome to join us.
by LeeMKE
Thu May 10, 2018 9:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: Wisconsin - Milwaukee meetings - Master Thread
Replies: 32
Views: 6830

Re: Wisconsin - Milwaukee meetings - Master Thread

Milwaukee Bogleheads II: New Investors Last meeting will be Sunday, May 20, 5:00 PM for dinner at Bollywood Grill. Looking forward to seeing folks, chatting about finance and ordering from the menu at our local Indian restaurant. Bollywood Grille 1038 N. Jackson Street Milwaukee WI Jackson is open t...
by LeeMKE
Sat May 05, 2018 7:48 am
Forum: Investing - Theory, News & General
Topic: Fees are higher than we think
Replies: 12
Views: 2486

Fees are higher than we think

From an article in The Wall Street Journal, about the loss of tax deduction for investment fees: Gauge the fees’ effects. Fees typically are quoted as a percent of assets, which can make them seem smaller. Instead, think of them as a percent of annual return. If an investor’s annual fees are 2% of a...
by LeeMKE
Fri May 04, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: Online resource for current Boglehead 3 fund portfolio
Replies: 10
Views: 1098

Re: Online resource for current Boglehead 3 fund portfolio

Excellent. Thanks for the suggestions!

I owe Siamond and drk an early peek at the spreadsheet. May be a few weeks, but I'll be back with it!

Lee
by LeeMKE
Fri May 04, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: Online resource for current Boglehead 3 fund portfolio
Replies: 10
Views: 1098

Re: Online resource for current Boglehead 3 fund portfolio

Why not piggyback off of Portfolio Visualizer's sources?
That would be fine. But I'm looking for what that source might be. Do you know?
by LeeMKE
Fri May 04, 2018 3:13 pm
Forum: Investing - Theory, News & General
Topic: Online resource for current Boglehead 3 fund portfolio
Replies: 10
Views: 1098

Re: Online resource for current Boglehead 3 fund portfolio

What analysis tool wouldn't calculate returns itself from standard data already posted online? I’m looking for a source of standard data. Not a future prediction, just YTD returns or a rolling average of last 12 months returns. The tool I have in mind will use this data to calculate a different sol...
by LeeMKE
Fri May 04, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: Online resource for current Boglehead 3 fund portfolio
Replies: 10
Views: 1098

Online resource for current Boglehead 3 fund portfolio

I have an idea and need an online resource that calculates returns on a typical Bogleheads 3 fund portfolio. I'm flexible on the AA, anything from 50/50 to 75/25 would work. This is to scrape data for an analysis tool I'm thinking of having a friend make for me. :beer Free advance peek to anyone who...
by LeeMKE
Thu May 03, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance, do we need it and how?
Replies: 23
Views: 2933

Re: Health insurance, do we need it and how?

Are these insurance policies reliable with respect to claims? Yes. These are major carriers with very long track records. And I've had surgery several times abroad, so I've seen what the process is, and the global carriers were great. The US based carriers, I had to pay in advance and get reimburse...
by LeeMKE
Sun Apr 29, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance, do we need it and how?
Replies: 23
Views: 2933

Re: Health insurance, do we need it and how?

We are about to launch as global nomads I'm working with a broker who specializes in global health plans: Andrew Blomberg International Insurance Group 18 Shipyard Drive Suite 2A Hingham, MA 02043 www.internationalinsurance.com www.internationalcitizens.com +1-339-221-5190 We have chosen two plans w...
by LeeMKE
Sun Apr 29, 2018 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card for International Travel
Replies: 28
Views: 2016

Re: Credit Card for International Travel

+1 Barclays recently introduced the Uber credit card which may meet your stated needs very well. It's a Visa card and, in addition to the no fee criteria, it also offers chip and pin capability which can be important at unmanned kiosks/gas pumps in Europe (and elsewhere). It's a cash back card which...
by LeeMKE
Sun Apr 29, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 193
Views: 16368

Re: BH travel tips?

Train travel in Europe: blades longer than 3"

I just saw last night that trains (not sure whether all or just a few lines) do not allow knives with long blades. We have a chef's knife in our checked bag, which will be carried on the trains. Anyone have experience on this?
by LeeMKE
Sat Apr 28, 2018 9:23 pm
Forum: Personal Consumer Issues
Topic: Nomadic lifestyle in their 50s
Replies: 101
Views: 11771

Re: Nomadic lifestyle in their 50s

This is interesting. If you get really sick, you can come back to get Obama care, as I remember that coming back from overseas is a qualifying event. Can you confirm that? Will the mail service company not scan the junk mails? Keep us posted about your experience from time to time. Yes, if you keep...
by LeeMKE
Sat Apr 28, 2018 2:11 pm
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 193
Views: 16368

Re: BH travel tips?

SHOES My feet are a bit tough to fit. Not unusual for me to wear 4 or 5 pair indoors for days, to find 1 pair that work. So I was receptive when a Rick Steve’s guide posted a video about shoes. She carries 4 pair! Rugged shoes for uneven surfaces Street shoes for city sidewalks and museums Sandals o...
by LeeMKE
Fri Apr 27, 2018 11:10 am
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 193
Views: 16368

Re: BH travel tips?

+1
An even better source for rail transportation is The Man in Seat Sixty-One . . .. This offers many money-saving tips for buying rail tickets as well as lots of information about trains, schedules, facilities, etc. world wide.
by LeeMKE
Fri Apr 27, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: Nomadic lifestyle in their 50s
Replies: 101
Views: 11771

Re: Nomadic lifestyle in their 50s

We are launching as global nomads July 9. Like others before us, we don't know how long we will be gone. We don't know where we will settle when we stop traveling. We sold the home several years ago and rented, knowing this was our plan. Surprisingly, getting rid of our stuff hasn't been as traumati...
by LeeMKE
Fri Apr 27, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 193
Views: 16368

Re: BH travel tips?

Lots of great tips. I just ordered a pack of compasses on lanyard clips from Amazon. Here are mine that haven't shown up yet: Rome2Rio.com Great way to find out how to get from one place to another, via all available modes of transportation. Inspirock.com Type in a place, it offers a selection of hi...
by LeeMKE
Fri Apr 27, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Amazon to raise Prime membership in US to $119 from $99
Replies: 145
Views: 11975

Re: Amazon to raise Prime membership in US to $119 from $99

My goto shopping place is Amazon. I've been a prime member long enough I don't remember when I started. For us, it saves time, and the discounts and free shipping raise it to a preferred vendor status for us.
by LeeMKE
Tue Apr 24, 2018 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Small Roth, big RMD--advice?
Replies: 14
Views: 2194

Re: Small Roth, big RMD--advice?

The tool at https://www.i-orp.com is what I'm using as guidance for IRA to Roth conversions. Use the extended worksheet.

I-ORP makes quick work of seeing when and how much you should convert to smooth out the SS tax hump, as well as other unattractive outcomes. And it is my favorite price, free.
by LeeMKE
Tue Apr 24, 2018 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Criteria used to make Roth Conversion decision
Replies: 48
Views: 4611

Re: Criteria used to make Roth Conversion decision

+1
Email the author of the program, he’s very responsive. I’m persuaded that aggressive Roth conversion in early retirement is the way to ensure that if DW survives me, she won’t have to face an onslaught of RMDs with a halved standard deduction.
by LeeMKE
Tue Apr 17, 2018 2:28 am
Forum: Local Chapters and Bogleheads Community
Topic: Wisconsin - Milwaukee meetings - Master Thread
Replies: 32
Views: 6830

Re: Wisconsin - Milwaukee meetings - Master Thread

May 1 is the next meeting of Bogleheads I: Established investors ready for retirement LAST MEETING this year! DATE: Tuesday May 1 TIME: Noon PLACE: Bollywood Grille 1038 N. Jackson Milwaukee WI 53202 Parking is open at Metro Market for Bollywood customers. (free) Enter from Juneau (mid level) or Jac...
by LeeMKE
Mon Apr 09, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Self-employed newbie: Help with portfolio checkup?
Replies: 8
Views: 557

Re: Self-employed newbie: Help with portfolio checkup?

Just to echo, get a Solo 401k set up before year end. Then you can fund it at tax time next year for this year's income. In your income range, the Solo 401K is a great tool. It will give you plenty of extra space to put away money. I agree that 90/10 is aggressive, but you have a large enough sinkin...
by LeeMKE
Thu Apr 05, 2018 4:33 am
Forum: Investing - Theory, News & General
Topic: Has anyone changed their AA/IPS/investing strategy recently?
Replies: 25
Views: 2592

Re: Has anyone changed their AA/IPS/investing strategy recently?

I haven't changed my IPS, but I did change AA on Monday to increase my percentage of equities temporarily when Total Stock Market had dropped by 3%. It was an RBD. Total Stock Market has since gone up by 3%. Does this mean you rebalanced? I try not to time the market, but couldn't resist when the B...
by LeeMKE
Wed Mar 28, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: Does anyone feel they missed out on AMZN, NFLX,TSLA?
Replies: 113
Views: 14018

Re: Does anyone feel they missed out on AMZN, NFLX,TSLA?

Yup. I'm sorry I didn't buy Amazon. But when it went public and flew to $75.00, that was too rich for my blood.
But then again, I missed buying Pets.com, and a few others that tanked.

You can't drive by looking in the rearview mirror.
by LeeMKE
Wed Mar 21, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: Partial Roth Conversion & i-ORP data
Replies: 17
Views: 1088

Re: Partial Roth Conversion & i-ORP data

FWIW - once I have zeroed in on some preferred plans with the IORP long form I run them on the RPM calculator/spreadsheet for more details. I find the RPM requires much more time but it gives back much more detail and information. I found that the IORP took into account all the changes that were no...
by LeeMKE
Wed Mar 21, 2018 12:26 am
Forum: Investing - Theory, News & General
Topic: Partial Roth Conversion & i-ORP data
Replies: 17
Views: 1088

Re: Partial Roth Conversion & i-ORP data

Sounds like you are able to be finished with IRA2Roth conversions! I envy you. We were so heavy in tax deferred that I've been converting for years now and still have more to go.