Search found 18 matches

by Skyflyerman
Wed Jan 16, 2019 8:23 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 58162

Re: John Bogle is dead at 89

He enriched all of our lives in our finances but also spiritually, always acknowledging the true source of his wealth, his Lord and Savior Jesus. His tireless efforts overcoming great tides of obstinacy in the investment professional to create ridiculously low cost funds for the humble and instituti...
by Skyflyerman
Mon Nov 19, 2018 12:57 am
Forum: Personal Investments
Topic: 3-fund Portfolio Modification
Replies: 7
Views: 999

Re: 3-fund Portfolio Modification

...on another note, can someone more graphically gifted than me tell me why the columns in my Preview are vertically correct, but after clicking on "Submit" it runs everything together, and not under the appropriate column heading?
by Skyflyerman
Mon Nov 19, 2018 12:55 am
Forum: Personal Investments
Topic: 3-fund Portfolio Modification
Replies: 7
Views: 999

3-fund Portfolio Modification

After tinkering with the often-suggested Boglehead 3-fund portfolio, it became apparent that replacing the international portion with a more modest portion of small cap value (VIOV), but in about a 5:1 ratio with S&P500 (VOO) provides a better historical result (by a long shot) with plenty of divers...
by Skyflyerman
Sat Nov 17, 2018 8:56 pm
Forum: Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 26
Views: 3252

Re: Portfolio decisions as we approach retirement

Chip: "..but I wonder what the dollar value of all the good advice dispensed here might be?"

Me: Inestimable, and is only exceeded by my gratefulness! :wink:
by Skyflyerman
Fri Nov 16, 2018 9:15 pm
Forum: Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 26
Views: 3252

Re: Portfolio decisions as we approach retirement

I really appreciate the help fellow Bogleheads. My plan is to immediately call Social Security to initiate application for spousal benefits while deferring my own benefits til 70. After crunching the numbers on Portfolio Visualizer (thanks for letting me know about it!), it became clear to me that t...
by Skyflyerman
Thu Nov 15, 2018 3:23 pm
Forum: Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 26
Views: 3252

Re: Portfolio decisions as we approach retirement

Chip, I'll get to reading those asap, but until then, did I lose out the past 3 years that she's been taking SS and I didn't take the spousal benefit, or would they make up for it when I do request it?
by Skyflyerman
Thu Nov 15, 2018 2:28 pm
Forum: Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 26
Views: 3252

Re: Portfolio decisions as we approach retirement

I am 67 in a few months. My wife is 65 and is already taking SS (we have opposing views on when to collect!). The earliest I will begin taking SS is when I'm 68 (about $2,690/mo). om our investments from then on, in today's dollars, for a very decent, but not lavish, retirement. Do you realize that...
by Skyflyerman
Thu Nov 15, 2018 1:22 pm
Forum: Personal Investments
Topic: My Grandmother has 80% stocks
Replies: 55
Views: 6098

Re: My Grandmother has 80% stocks

Grandma is a genius...apparently she doesn't need yours or anyone else's advice!
by Skyflyerman
Thu Nov 15, 2018 12:50 pm
Forum: Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 26
Views: 3252

Re: Portfolio decisions as we approach retirement

Congratulations on your imminent retirement :) . I like the idea of simplifying to an easily managed single fund portfolio. Is the $400k in the CD ladder and $275k in money market funds in addition to your "slightly more than $1M" in the tradtional IRA (for a total of slightly more than $1.675M)? O...
by Skyflyerman
Thu Nov 15, 2018 12:23 pm
Forum: Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 26
Views: 3252

Re: Portfolio decisions as we approach retirement

OP, How old are you and your wife? Is delaying taking the social security possible? Depending on the age and other factors, you may get about 8% return by taking the social security later. Instead of paying 400K to the annuity, use that 400K to delay taking social security for 5 years. KlangFool I ...
by Skyflyerman
Thu Nov 15, 2018 12:14 am
Forum: Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 26
Views: 3252

Re: Portfolio decisions as we approach retirement

Thanks guys, I hadn't used the Portfolio Visualizer before and it is a very powerful, easy-to-use tool. Very helpful! Another option I hadn't considered is to get an annuity for about $400,000 giving us all we need (with Social Security) to meet our expenses and needs. The other withdrawals from the...
by Skyflyerman
Wed Nov 14, 2018 5:29 pm
Forum: Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 26
Views: 3252

Portfolio decisions as we approach retirement

Friends, in about 14 months, my wife and I will be living totally off of social security and our portfolio of slightly more than $1M (all in a Vanguard non-Roth IRA). No consumer debt. We will be receiving about $48,000/yr together in social security. With the 4% withdrawal "rule" we should be able ...
by Skyflyerman
Sat Oct 20, 2018 10:09 pm
Forum: Personal Investments
Topic: Investing During Retirement
Replies: 20
Views: 3035

Re: Investing During Retirement

What I do know is that I am watching the BND fund go down, down, down while my non-equity portion is making a nice 2.5-3.25% a year for the next 2-3 years. If it isn't being caused by increasing short term rates, what's causing it? I'll stay in cash and CD's and merely suggest it as a viable (and gu...
by Skyflyerman
Wed Oct 17, 2018 12:59 pm
Forum: Personal Investments
Topic: Investing During Retirement
Replies: 20
Views: 3035

Re: Investing During Retirement

May I respectfully disagree (gasp!) with many of my fellow Bogleheads on selecting a bond fund or individual bonds at this particular juncture in the economic cycle? Instead of putting a portion (20%, 40%, 60%) of your money in bonds or a bond fund (short term or not), put your risk off money in sho...
by Skyflyerman
Fri May 25, 2018 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 210
Views: 52457

Re: GEICO auto rates vs. USAA: too good to be true?

I have been with USAA for decades and use them for home, auto, valuable personal property, and umbrella liability insurance. I think USAA has different internal insurance companies with different fee structures depending upon your membership type. I was active military and reserve officer. I have t...
by Skyflyerman
Sat Apr 28, 2018 4:00 am
Forum: Personal Finance (Not Investing)
Topic: AF pilots and retention bonus, glad you stayed or happy you went?
Replies: 27
Views: 4868

Re: AF pilots and retention bonus, glad you stayed or happy you went?

Well, if you don't mind the opinion of a Navy flyer, I have some thoughts... One of my biggest regrets in life is not completing my 20 years in the Navy. I made full Lieutenant in my first 5 years (=AF Captain) and then was promoted to Lt. Commander, O-4 (the last 5 years in the reserves). I became ...
by Skyflyerman
Sat Mar 22, 2014 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do you love your job? What do you do?
Replies: 134
Views: 15966

Re: Do you love your job? What do you do?

I am fortunate enough to have a job I had a passion for since 5th grade!--Airline Pilot. I am a senior captain for a major airline and will be retiring in a few years and am looking forward to sharing ideas on personal finances and investments.