Search found 1481 matches

by 1210sda
Sun Aug 18, 2019 2:15 pm
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 81
Views: 9412

Re: The One-Fund Portfolio as a default suggestion

Thanks, Longinvest. I too favor the use of Lifestrategy Moderate Growth fund across all accounts. I do this with my spouse in mind. She would not feel comfortable making investment decisions as a surviving widow. Our other alternative was to continue with a 3 fund portfolio and hire Vanguard's Perso...
by 1210sda
Sat Jul 13, 2019 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11259

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

Recently I posted about using a bank trust dept to administer our (spouse and me)affairs. Rosa, thank you for your thoughtful advice. As I am alone (or will be soon), have no family or close friends, I may do as you suggest and hire a lawyer to draft a good will and LRT (when I figure out the benef...
by 1210sda
Wed Jul 10, 2019 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11259

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

I am getting depressed just reading all this! :oops: :? Yeah, that's the problem with digging into these things... Blissful ignorance or being in denial truly is a better way with some things unless there's something you can actually do to put your future on a different path. The younger you are, t...
by 1210sda
Tue Jul 09, 2019 7:11 am
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11259

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

onthecusp wrote:
Mon Jul 08, 2019 11:23 pm
Could you put the investments on auto pilot like a fixed AA or lifecycle fund or default to Vanguard PAS after x years?
We will be using Lifestrategy Moderate Growth Fund (VSMGX) in all accounts. That's why I don't want to pay for Investment management by the bank.

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by 1210sda
Mon Jul 08, 2019 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11259

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

RadAudit wrote:
Mon Jul 08, 2019 8:03 pm
OP, thanks for starting this thread.
You're welcome.

Whenever I've had a problem in the past, I've turned to "the collective wisdom" of our Bogleheads. They've always come through for me.

I hope others with similar concerns benefit from this thread as well.

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by 1210sda
Mon Jul 08, 2019 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11259

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

Digressing for a bit..... One reason for this thread..... I checked with a bank trust department. The fee for their administrative services (not including responsibility for investments) was 37 basis points. That's $3,700 per million per year. If you have multiples of this, the fee goes up according...
by 1210sda
Mon Jul 08, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11259

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

You move closer to trusted relatives. LOL...Livesoft, I knew I could count on you! Our problem is that we don't want to move back to cold weather. 1210 But an old person incapable of taking care of him(her)self may not have a choice in the weather department. You"re right, we may not have a choice....
by 1210sda
Mon Jul 08, 2019 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11259

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

One option for a portion of that (caring for you, making sure you get to doctors and take your medicine) is to move to a CCRC. Much of the financial aspect could be done long distance. Many/most bills that remain beyond the CCRC bill can be put on auto-pay. I don't know much about CCRC's. Do you ha...
by 1210sda
Mon Jul 08, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11259

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

livesoft wrote:
Mon Jul 08, 2019 2:39 pm
You move closer to trusted relatives.
LOL...Livesoft, I knew I could count on you!

Our problem is that we don't want to move back to cold weather.

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by 1210sda
Mon Jul 08, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11259

If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

Recently I posted about using a bank trust dept to administer our (spouse and me)affairs. I have a different question now. If there are no younger, trusted relatives close by and you don't want to use a trust department, who will care for you, pay your bills, pay your taxes, etc. as you age and even...
by 1210sda
Sat Jul 06, 2019 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking a successor corporate trustee who will perform administrative duties.
Replies: 18
Views: 1205

Re: Seeking a successor corporate trustee who will perform administrative duties.

Thanks Afan and Gill.

Is this a fairly routine request? Do most Trust dept. have such a service, or will they be mostly interested in investment management because it's more lucrative?

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by 1210sda
Sat Jul 06, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking a successor corporate trustee who will perform administrative duties.
Replies: 18
Views: 1205

Re: Seeking a successor corporate trustee who will perform administrative duties.

Recent posts have discussed how to set up a portfolio for the disinterested spouse in the event he/she becomes a surviving spouse. Lot of good suggestions. However, what happens if that survivor becomes mentally incapacitated? Especially when there are no close younger relatives to step in. Are the...
by 1210sda
Sat Jul 06, 2019 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking a successor corporate trustee who will perform administrative duties.
Replies: 18
Views: 1205

Seeking a successor corporate trustee who will perform administrative duties.

Recent posts have discussed how to set up a portfolio for the disinterested spouse in the event he/she becomes a surviving spouse. Lot of good suggestions. However, what happens if that survivor becomes mentally incapacitated? Especially when there are no close younger relatives to step in. Are ther...
by 1210sda
Fri Jul 05, 2019 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Preparing my wife for financial life without me.
Replies: 95
Views: 11219

Re: Preparing my wife for financial life without me.

The Time: 5 years from now Setting: Your wife is at a cocktail party, where a handsome young stockbroker is the center of attention. A week later, she is sitting across the desk from him as he thoughtfully looks over your statements from Vanguard. Stockbroker: "Yes, yes...I see exactly what (your n...
by 1210sda
Wed Jul 03, 2019 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing my wife for financial life without me.
Replies: 95
Views: 11219

Re: Preparing my wife for financial life without me.

delamer wrote:
Wed Jul 03, 2019 9:24 pm
I’d move all assets to Vanguard or Schwab on advance, and leave instructions to put everything to an all-in-one fund or to engage their advisory service.
This is what we have done.

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by 1210sda
Tue Jul 02, 2019 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance excessive price increase -upset!
Replies: 171
Views: 11555

Re: Long term care insurance excessive price increase -upset!

Does anyone know if there is an LTCi policy available the has lifetime coverage, but a very large elimination period, say 2 or 3 years.

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by 1210sda
Sat Jun 22, 2019 3:53 pm
Forum: Personal Investments
Topic: Getting caught up in minutia of investing-How to make things simple
Replies: 45
Views: 3963

Re: Getting caught up in minutia of investing-How to make things simple

That is a good solution for keeping it simple, the one fund portfolio. A one fund portfolio is just what I intend as I get older, so that my completely disinterested wife could manage our investments. I just have to elect between Vanguard LifeStrategy Moderate Gr Inv (VSMGX) and Vanguard Balanced I...
by 1210sda
Sat Jun 22, 2019 10:50 am
Forum: Personal Investments
Topic: Getting caught up in minutia of investing-How to make things simple
Replies: 45
Views: 3963

Re: Getting caught up in minutia of investing-How to make things simple

livesoft wrote:
Sat Jun 22, 2019 10:40 am

Want to make things simple? Just save all your money and put all the money in every account in a LifeStrategy fund. Then go worry about something else such as a pet dog. I am not being flippant about this serious advice.
I love it!! You rock Livesoft!!
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by 1210sda
Fri Jun 21, 2019 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Access to joint accounts at spouse’s death
Replies: 31
Views: 2661

Re: Access to joint accounts at spouse’s death

student wrote:
Fri Jun 21, 2019 5:01 am
This is quite informative. https://www.thebalance.com/what-happens ... es-3505233

Thanks for the link. Very interesting website.
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by 1210sda
Sat Jun 15, 2019 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS
Replies: 25
Views: 1817

Re: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS

For many Boglehead's, LS funds are appropriate (and maybe even ideal) in their tax advantaged account. What I was trying to show is that LS funds might also be appropriate even in a taxable account under certain circumstances. (i.e. 3FP plus VPAS). I understand how a 10% rebalancing band might elimi...
by 1210sda
Sat Jun 15, 2019 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS
Replies: 25
Views: 1817

Re: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS

However, I still think that before most people use LS funds in their taxable accounts, they need to do their own math to see if it works for them. We should also remind ourselves that not all LS funds have the same "tax efficiency" (for example, it would appear that Conservative Growth is going to ...
by 1210sda
Thu Jun 13, 2019 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS
Replies: 25
Views: 1817

Re: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS

I was mostly trying to prove to myself that under the right circumstances, it's ok to have a LS fund (or similar) in taxable if you can justify it. That the "no LS funds in taxable" is not a hard and fast rule that can't(or shouldn't) be violated. I've convinced my self of this.....hope I convinced ...
by 1210sda
Thu Jun 13, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS
Replies: 25
Views: 1817

Re: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS

The idea of having LS growth in taxable and LS conservative growth in tax advantaged to balance your overall AA is reasonable as well. Thanks Kyle Thanks for the suggestion. The benefit is that LS Moderate Growth has only 46.5% of it's dividends taxed as Qualified Dividend Income (QDI), while LS Gr...
by 1210sda
Thu Jun 13, 2019 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS
Replies: 25
Views: 1817

Re: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS

At the end of the day, the potential savings are too uncertain (due to future tax and returns uncertainty), and I'm willing to pay the implied slightly higher overall cost of the simpler portfolio. Thank you Longinvest. Yes, simplicity is our goal. For many, there would not be a VPAS fee. In that c...
by 1210sda
Thu Jun 13, 2019 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS
Replies: 25
Views: 1817

Re: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS

I was just considering the Life Strategy Moderate Growth in tax advantaged as a greatly simplified all-in-one solution, and then Tax-Managed Balanced in taxable, while it has some issues, is a decent all-in-one solution. As a thought experiment, this is fine, but I'm not sure how you get there in t...
by 1210sda
Thu Jun 13, 2019 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS
Replies: 25
Views: 1817

Re: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS

Dude2 wrote:
Thu Jun 13, 2019 9:47 am
Does Tax-Managed Balanced in taxable do anything for you?
I've thought about it.

Asset Allocation is 49%/51% , not my first preference.

I couldn't use it in my tax advantaged account.

Possible, thanks
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by 1210sda
Thu Jun 13, 2019 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS
Replies: 25
Views: 1817

Cost of LifeStrategy Mod Grwth in Taxable VS Three Fund Portfolio plus VPAS

We currrently are using the 3FP approach. Like it very much. But my spouse is not interested in managing our portfolio upon my demise if I go first. She has said she would be happy with either the Life strategy Moderate Growth (VSMGX)fund across all accounts or stay with our current 3FP and hire Van...
by 1210sda
Mon Jun 03, 2019 3:05 pm
Forum: Investing - Theory, News & General
Topic: You May Never See Your Grandchildren Again
Replies: 83
Views: 14714

Re: You May Never See Your Grandchildren Again

Rick,

Did you sign up for the complimentary followup consultation?

You never know, this adviser may be able to improve your financial status.... :) :)

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by 1210sda
Wed May 22, 2019 4:52 pm
Forum: Investing - Theory, News & General
Topic: just a general comment about "too conservative" investors here
Replies: 151
Views: 15599

Re: just a general comment about "too conservative" investors here

Great post, Valuethinker!!

My view is......How can anyone else possibly tell me that my portfolio is too aggressive or too conservative???

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by 1210sda
Fri May 10, 2019 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you donate?
Replies: 100
Views: 7982

Re: How much do you donate?

Retired and subject to RMD's.

Donate 10% of our annual spending to charities . (Qualified Charitable Distributions).

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by 1210sda
Wed May 01, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: From Fidelity: "Family Forward Planning Guide"
Replies: 6
Views: 643

Re: From Fidelity: "Family Forward Planning Guide"

LongRoad wrote:
Wed May 01, 2019 12:51 pm
Could it have been related to this?

https://www.fidelitycharitable.org/docs ... de_Web.pdf
Long Road, thanks. How did you get it? Did you have to provide a lot of info for downloading?

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by 1210sda
Wed May 01, 2019 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: From Fidelity: "Family Forward Planning Guide"
Replies: 6
Views: 643

Re: From Fidelity: "Family Forward Planning Guide"

oldcomputerguy wrote:
Wed May 01, 2019 12:05 pm
What is the URL where you went to get the guide? Was it a fidelity.com URL?

I just did a quick Google search for "Fidelity Forward Planning Guide" and came up empty-handed.
I believe adding the word "Family" might make a difference.

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by 1210sda
Wed May 01, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: From Fidelity: "Family Forward Planning Guide"
Replies: 6
Views: 643

From Fidelity: "Family Forward Planning Guide"

I received an email this morning offering this planning guide.

I started to download the guide, but cancelled when I found out how much personal information they wanted.

Has anyone downloaded this guide? In your opinion, was it worth it? Have you had a lot of contact from Fidelity?

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by 1210sda
Mon Apr 29, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Texas property tax protest
Replies: 55
Views: 5427

Re: Texas property tax protest

with the homestead exemption and age 65 freeze, my effective tax rate is down to 1.5% of the appraised/assessed value.

1210

P.S. Not all the taxing jurisdictions are frozen, but the bulk of them are.
by 1210sda
Sun Apr 28, 2019 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Texas property tax protest
Replies: 55
Views: 5427

Re: Texas property tax protest

BTW, Sunny do you mind sharing why you relocated from California to Texas?

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by 1210sda
Sat Apr 27, 2019 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Texas property tax protest
Replies: 55
Views: 5427

Re: Texas property tax protest

One more thing: Our appraisal district has a computer printout of all the sales prices of homes and they have to provide it to taxpayers, so that taxpayers can look up to see how the appraisal district has arrived at the appraised value. It is completely transparent, but it is not on the internet. ...
by 1210sda
Fri Apr 19, 2019 10:39 am
Forum: Investing - Theory, News & General
Topic: This could be the biggest risk that retirees face?
Replies: 117
Views: 8944

Re: This could be the biggest risk that retirees face?

Monitor your portfolio balance once a year, relative to your 30-35 year goal. Running out of money is not a sudden event for those who pay attention. Amen! After 17 years in retirement, my actual portfolio balance is at 167% of the target for year end 2018. Yr Target End to Actual 2002 87.0% 2003 1...
by 1210sda
Mon Apr 15, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: Inputs for Monte Carlo Simulation
Replies: 2
Views: 261

Re: Inputs for Monte Carlo Simulation

I have a program called MC Retire. It was developed by Dave Wilkinson, a colleague of Bill Bernstein.

You choose the inputs.

I'm just curious what other Bogleheads (those that have an MCS program) use.

Yes, I'm aware of Fidelity's mcs and others. Thank you.

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by 1210sda
Mon Apr 15, 2019 2:22 pm
Forum: Investing - Theory, News & General
Topic: Inputs for Monte Carlo Simulation
Replies: 2
Views: 261

Inputs for Monte Carlo Simulation

what inputs do you use for running MCS?

Arith. Mean=
Std Dev=
Time Horizon=
Success Prob.=
Inflation=

other=

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by 1210sda
Fri Apr 12, 2019 7:35 am
Forum: Personal Finance (Not Investing)
Topic: 4% SWR - how confident are you?
Replies: 117
Views: 8531

Re: 4% SWR - how confident are you?

Since I did not want to start a new thread on the same topic, just FYI, Michael Kitces has a interesting piece on Morningstar and he expresses very high confidence with the 4% rule even with some sequence of returns risk. Thought i'd share this. https://www.youtube.com/watch?v=vVPIpb1wbgI Since so ...
by 1210sda
Tue Apr 02, 2019 6:51 pm
Forum: Personal Investments
Topic: The tactics of Withdrawal -McClung model
Replies: 14
Views: 1529

Re: The tactics of Withdrawal -McClung model

He advocates withdrawing only from bond funds until the initial stock allocation rises above 1.2 times the initial mark. All my bonds are in tax-deferred. I guess this means I take the tax hit from the higher tax deferred side rather than sell down some of my stocks on the taxable side? This has be...
by 1210sda
Mon Mar 18, 2019 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Having both kids and a charity as beneficiaries on an IRA.....
Replies: 26
Views: 2113

Re: Having both kids and a charity as beneficiaries on an IRA.....

I disagree with Mr. or Ms. Nolo. Does he/she provide any authority for his/her conclusion? Hi Bruce. Thanks for responding. I'm glad you disagree. No, it was just an article. There was no reference to any authority. Are you saying then that I could name both a charity and my kid as beneficiaries of...
by 1210sda
Mon Mar 18, 2019 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Having both kids and a charity as beneficiaries on an IRA.....
Replies: 26
Views: 2113

Re: Having both kids and a charity as beneficiaries on an IRA.....

I disagree with Mr. or Ms. Nolo. Does he/she provide any authority for his/her conclusion? Hi Bruce. Thanks for responding. I'm glad you disagree. No, it was just an article. There was no reference to any authority. Are you saying then that I could name both a charity and my kid as beneficiaries of...
by 1210sda
Sun Mar 17, 2019 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Having both kids and a charity as beneficiaries on an IRA.....
Replies: 26
Views: 2113

Re: Having both kids and a charity as beneficiaries on an IRA.....

Bumping an old post to see if there are any new opinions on this.

I haven't checked with Vanguard recently, so maybe they've updated their policy.

Someone mentioned that Vanguard might allow this for Flagship clients. I dunno, doesn't sound quite fair.

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by 1210sda
Mon Mar 11, 2019 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone leaving behind a scholarship fund?
Replies: 63
Views: 4143

Re: Anyone leaving behind a scholarship fund?

Thank you, "ThankyouJack".

For me, this is an incredibly well timed post. I'd been thinking about doing this for some time now and your post has inspired me to move forward with this.

Lots of good suggestions in the rest of the posts as well.

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by 1210sda
Sat Mar 09, 2019 8:03 am
Forum: Personal Consumer Issues
Topic: Garbage Disposal: So many choices out there. How do you decide which one?
Replies: 54
Views: 3996

Re: Garbage Disposal: So many choices out there. How do you decide which one?

Thanks for the replies. Couple more questions: What is continuous feed? Is it better than non-continuous feed? 1210 I was curious also and typed the same question in google. Found this link which I think did a pretty good job. http://www.downthesink.com/continuous-feed-vs-batch-feed/ Wow! That's a ...
by 1210sda
Sat Mar 09, 2019 12:09 am
Forum: Investing - Theory, News & General
Topic: Grantham: US will return 2% real next 2 decades
Replies: 173
Views: 17469

Re: Grantham: US will return 2% real next 2 decades

Whether Jeremy Grantham turns out to be right or wrong, it's still just a guess.

I prefer to follow Jack's advice......"nobody knows nuttin...", and "stay the course".

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by 1210sda
Fri Mar 08, 2019 11:59 pm
Forum: Personal Consumer Issues
Topic: Garbage Disposal: So many choices out there. How do you decide which one?
Replies: 54
Views: 3996

Re: Garbage Disposal: So many choices out there. How do you decide which one?

Thanks for the replies.

Couple more questions: What is continuous feed? Is it better than non-continuous feed?

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by 1210sda
Fri Mar 08, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Garbage Disposal: So many choices out there. How do you decide which one?
Replies: 54
Views: 3996

Garbage Disposal: So many choices out there. How do you decide which one?

I'm in the market for a garbage disposal. There are a lot of choices.

What should one look for in a GD?

Appreciate all the help I can get.

1210