Search found 1229 matches

by 1210sda
Wed Nov 22, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 174
Views: 11350

Re: The 4% rule DOES fail but still makes sense!

Many thanks to ArtsDoctor for this: In order to answer your own questions, you'll need to understand the 1994 study on which the 4% SWR was originally calculated. Once you've actually looked into that study and subsequent studies, you'll see that there are many caveats. You can start with a variety...
by 1210sda
Tue Nov 21, 2017 12:49 pm
Forum: Personal Consumer Issues
Topic: Microsoft account security alert email.....real or fake??
Replies: 15
Views: 680

Re: Microsoft account security alert email.....real or fake??

Thanks to all. Went directly to Micorsoft's website as suggested.

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by 1210sda
Tue Nov 21, 2017 12:18 pm
Forum: Personal Consumer Issues
Topic: Microsoft account security alert email.....real or fake??
Replies: 15
Views: 680

Re: Microsoft account security alert email.....real or fake??

If you hover over the "recover account" link but DON'T click it, it will probably show a url (it will display in the lower left corner of the browser window when you hover over it; not sure how you do this if you're on a mobile device) that is clearly not from microsoft (although they probably drop...
by 1210sda
Tue Nov 21, 2017 10:37 am
Forum: Personal Consumer Issues
Topic: Microsoft account security alert email.....real or fake??
Replies: 15
Views: 680

Microsoft account security alert email.....real or fake??

I received an email this morning. "Microsoft account security alert". "We think that someone else might have accessed the Microsoft account xxxxxxxxx." (My email account) .

It has a "Recover Account" button, that I'm supposed to click on.

Being a good BH, I'm skeptical.

Need your help!

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by 1210sda
Thu Nov 16, 2017 4:58 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 174
Views: 11350

Re: The 4% rule DOES fail but still makes sense!

If someone could handle a low portfolio success probability say, 50% your SWR could be 6%. At a 33% success probability, SWR could be 7%. The likelihood of having a large portfolio at the end and leaving too much money on the table is greatly reduced. But many folks (most?) don't want to take that h...
by 1210sda
Thu Nov 16, 2017 3:21 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 174
Views: 11350

Re: The 4% rule DOES fail but still makes sense!

According to MC Retire , a monte carlo program by David Wilkinson (a colleague of Dr Bill Bernstein, I believe): If you use a 95% success probability, 5% of the portfolios will fail. The other 95% will succeed. The 95th percentile (or the 6th percentile if you count the opposite way) will just make ...
by 1210sda
Tue Nov 14, 2017 8:33 am
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 5044

Re: POAs may not be that powerful

Can you have more than one Full Agent Authorization, i.e a successor agent ??

Does it make sense?

Isn't this what many folks have with their DPOA's?

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by 1210sda
Mon Nov 13, 2017 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: What might you ask In-laws' FA?
Replies: 37
Views: 2642

Re: What might you ask In-laws' FA?

4. If on the other hand the FA takes 1% per year AUM (which is what we suspect), then they are paying him $2500 (.01 X $250,000 = $2500). Highly likely. OP, Using Arctic's example: Make sure they understand that If they are withdrawing 4% from the portfolio and paying him (or her) 1%, that's fully ...
by 1210sda
Mon Nov 13, 2017 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Clements: Your "Number One Number"
Replies: 24
Views: 3605

Re: Clements: Your "Number One Number"

Clements says to keep total fixed living costs (mtge, auto pmts, prop taxes, utilities, ins prem and groceries) to only 50% or less of pretax income. If a typical take home pay is about 68% of gross salary, after you account for the 50%, you only have 18% left for the "fun stuff". Out of the fun stu...
by 1210sda
Sun Nov 12, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: LifeStrategy Fund in Taxable account
Replies: 16
Views: 1423

Re: LifeStrategy Fund in Taxable account

dbr wrote:
Sun Nov 12, 2017 11:44 am
The Lifestrategy funds currently yield only about 2% SEC so I imagine the tax inefficiency would be nearly indetectable in their general situation.
Some of the 2% yield is qualified dividend income. So that part would be taxed more favorably.

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by 1210sda
Sun Nov 12, 2017 11:30 am
Forum: Investing - Help with Personal Investments
Topic: LifeStrategy Fund in Taxable account
Replies: 16
Views: 1423

Re: LifeStrategy Fund in Taxable account

they like the “set it and forget it” aspect of not having to rebalance. As has been mentioned, L/S in a taxable account is not tax optimal. But, if they don't want to be rebalancing, this fund (and others) can take care of that. A question you might want to consider is....if your mother became a su...
by 1210sda
Sun Nov 12, 2017 10:58 am
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 9667

Re: Retirees: I got this!!

I've been retired for almost 16 years. (12/31/2001) We suffered through 2002 and the first quarter of 2003. It was bit scary, but not that much and it didn't last very long. By April 2003 we saw things getting better. By the end of the year, our portfolio had increase by 25%. For the next several ye...
by 1210sda
Thu Nov 09, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for a surviving spouse's income
Replies: 16
Views: 1653

Re: Planning for a surviving spouse's income

The fund of funds idea is one I would love to pursue for simplification. But unfortunately all of equities (and some of our FI) are in taxable and the tax hit would be too great to make a switch there. You could leave her written instructions to have Vanguard (I assume you are at Vanguard) exchange...
by 1210sda
Thu Nov 09, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for a surviving spouse's income
Replies: 16
Views: 1653

Re: Planning for a surviving spouse's income

This allocation also turns out to be very close to being liability matched for her future needs. your spouse can reallocate appropriately once she is on her own? Friar, you've received excellent responses. You say your portfolio is "very close to being liability matched". I would continue to use th...
by 1210sda
Wed Nov 08, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Policy Statement (RPS) -- Is anyone else using one?
Replies: 12
Views: 1159

Re: Retirement Policy Statement (RPS) -- Is anyone else using one?

Very nicely done. You mention that one of the reasons for doing this is... "Becomes a vehicle my DW can use in case I pass early or loose my faculties." Is your DW able to manage the portfolio as currently designed ? Would she know how to re-balance ? If she can, that's great. If not, perhaps a sect...
by 1210sda
Thu Nov 02, 2017 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Does Retirement Make You Lazier?
Replies: 87
Views: 7586

Re: Does Retirement Make You Lazier?

If,...... If there is any greater laziness in me it's because I'm older, not because I'm retired. :happy

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by 1210sda
Wed Nov 01, 2017 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index
Replies: 28
Views: 2198

Re: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index

bob_m10 wrote:
Sun Oct 29, 2017 4:47 pm
More info here:
https://www.bogleheads.org/wiki/Vanguar ... tributions
Thank you Bob. This helps a lot in my decision making.

I couldn't find similar info on VBIAX, the balanced index fund. Do you know if there's any ??

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by 1210sda
Tue Oct 31, 2017 7:17 am
Forum: Personal Consumer Issues
Topic: No true pay as you go [cellphone plan]
Replies: 63
Views: 5194

Re: No true pay as you go [cellphone plan]

Thank you for all the suggestions. Since I am not in a hurry, I will wait for a deal on HSN especially if a VISA checkout deal happens. I had forgotten about Tello but Sprint is only 3G not 4G LTE where I live. Check out this deal on HSN https://www.hsn.com/products/samsung-galaxy-55-16gb-tracfone-...
by 1210sda
Sun Oct 29, 2017 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index
Replies: 28
Views: 2198

Re: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index

There is a trade off between simplicity and a bit more complexity to rebalance but the possibility to tax loss harvest. Separate investments seem to win out unless you are ultra busy, gun shy about rebalancing or getting on in age and value simplicity very much. As I stated in my second post, this ...
by 1210sda
Sun Oct 29, 2017 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index
Replies: 28
Views: 2198

Re: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index

Thanks to everyone for their input. I realize each person or couple has their own particular set of circumstances. That some of the suggestions and recommendations may not necessarily apply. All in all, reading the responses forces me to think more deeply about our needs. When the final decision is ...
by 1210sda
Sun Oct 29, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index
Replies: 28
Views: 2198

Re: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index

Thank you, retiredjg. While this started as question on which was a better option, 1. Vanguard Tax Managed Balanced Fund Admiral (VTMFX), or 2. 50% in Vanguard Total Stk Mkt Index Fund Admiral (VTSAX) and 50% Vanguard Tax Exempt Bond Index Fund Admiral (VTEAX) ? I should have included as Option 3. "...
by 1210sda
Sun Oct 29, 2017 8:00 am
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 28
Views: 4325

Re: BOGLEHEADS 2017 VIDEOS

Rich,
Is there, or will there be, a transcript of the 2017 Panel of Experts ?

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by 1210sda
Sun Oct 29, 2017 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index
Replies: 28
Views: 2198

Re: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index

This missing piece of the puzzle here is whether you need to use tax exempt bonds at all. The tax-exempt bonds are not really needed until the 28% bracket. Is that likely to apply? So are you saying if someone's tax bracket is under 28%, wants a fixed AA and wants the simplicity of one fund, they c...
by 1210sda
Sun Oct 29, 2017 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index
Replies: 28
Views: 2198

Re: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index

grabiner wrote:
Sat Oct 28, 2017 8:19 pm
I prefer the two-fund option, because option 1 locks you into its allocation.
Paul, why is locking you to a certain asset allocation a negative? This is precisely what we/she wants.

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by 1210sda
Sat Oct 28, 2017 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index
Replies: 28
Views: 2198

Re: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index

This is for DW after I "leave". Rebalancing is a big deal to her. Once again, the subjective decision.....simplicity or small tax savings. Thank you both for your input. I will keep your wise comments in mind as we make her decision. 1210 #1 In my case my IPS has instructions for DW, and successor ...
by 1210sda
Sat Oct 28, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index
Replies: 28
Views: 2198

Re: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index

This is for DW after I "leave". Rebalancing is a big deal to her.

Once again, the subjective decision.....simplicity or small tax savings.

Thank you both for your input. I will keep your wise comments in mind as we make
her decision.

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by 1210sda
Sat Oct 28, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index
Replies: 28
Views: 2198

Tax Managed Balanced Fund vs Total Stk Mkt plus Tax Exempt Bond Index

If you had to have bonds in a taxable account and you need a 50/50 AA, which is preferable, 1. Vanguard Tax Managed Balanced Fund Admiral (VTMFX), or 2. 50% in Vanguard Total Stk Mkt Index Fund Admiral (VTSAX) and 50% Vanguard Tax Exempt Bond Index Fund Admiral (VTEAX) ? They're similar, but option ...
by 1210sda
Thu Oct 26, 2017 1:56 pm
Forum: Investing - Theory, News & General
Topic: Emotional impact of spending down assets?
Replies: 100
Views: 10024

Re: Emotional impact of spending down assets?

" Frugality is a hard habit to kill. LOL, yes it is. I can relate quite well to the "cereal" situation. My logical self tells me that it's OK to see the portfolio drop as long as it is within the "plan". My fearful self tells me "you never know, it's best to have a sizable reserve as a cushion." I'...
by 1210sda
Tue Oct 24, 2017 3:57 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 90
Views: 12268

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

This is good news, Mel.

Any idea how long it'll take until it hits the "bookshelves"?

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by 1210sda
Mon Oct 23, 2017 10:53 am
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 28
Views: 4325

Re: BOGLEHEADS 2017 VIDEOS

This really is great for those of us unfortunate folks who were not able to attend. Makes you feel like you are "there".

Thanks

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by 1210sda
Sat Oct 21, 2017 10:46 am
Forum: Investing - Theory, News & General
Topic: [favorite] Boglehead quotes
Replies: 76
Views: 10638

Re: [favorite] Boglehead quotes

Two quotes from former BH Larry Swedroe that I really like.

1. "Don't confuse strategy with outcome"

2."never treat the highly likely as certain, nor the highly unlikely as impossible".

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by 1210sda
Sat Oct 21, 2017 7:31 am
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and bad news
Replies: 91
Views: 14590

Re: Where to buy a Vanguard hat? An Update and bad news

For others who are interested in Vanguard merchandise, the vendor authorized us to provide these details: "The Vanguard Chandlery" ** Tel: 610-669-2760 (Connie or Marie) Connie_Caldwell@vanguard.com **Chandlery = dealers that provide ship's stores, the shop selling nautical items for ships and boat...
by 1210sda
Fri Oct 20, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2875

Re: [If I die before my spouse, how to direct Vanguard advisors?]

Pennywise, thank you for your input. I agree that if I did nothing, my wife would be OK. A sort of survival instinct would take over and guide her. But I see nothing wrong in trying to set a plan in place that would improve her odds of not becoming destitute, of being better able to fulfill our char...
by 1210sda
Thu Oct 19, 2017 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2875

Re: [If I die before my spouse, how to direct Vanguard advisors?]

jalbert wrote:
Thu Oct 19, 2017 4:58 pm
If moving everything to LS Moderate is what your spouse wants, your spouse will have to direct Vanguard to make those exchanges, and then manage the withdrawals.
If ...this is the choice that is made, why would you need VPAS (and their 30 basis points costs).

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by 1210sda
Thu Oct 19, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2875

Re: [If I die before my spouse, how to direct Vanguard advisors?]

That's why threads like this are so good because they raise considerations that people would otherwise overlook (e.g., step-up basis in community property states vs non, how best to leave instructions for the spouse to follow, etc). You're absolutely right. One thing that got my attention was (as C...
by 1210sda
Thu Oct 19, 2017 11:46 am
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2875

Re: [If I die before my spouse, how to direct Vanguard advisors?]

Given all that, it seems like the lifestyle is a pretty good trade-off and greatly simplifies things for her. JBTX, That's how I see it. As I also mentioned, right now we are trying to decide on either the Lifestrategy Moderate Growth fund(60/40), or the Balanced Index Admiral fund(VBIAX) which is ...
by 1210sda
Thu Oct 19, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2875

Re: [If I die before my spouse, how to direct Vanguard advisors?]

Given all that, it seems like the lifestyle is a pretty good trade-off and greatly simplifies things for her. JBTX, That's how I see it. As I also mentioned, right now we are trying to decide on either the Lifestrategy Moderate Growth fund(60/40), or the Balanced Index Admiral fund(VBIAX) which is ...
by 1210sda
Thu Oct 19, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2875

Re: [If I die before my spouse, how to direct Vanguard advisors?]

1. So, it looks like you need to create a Letter of Instruction for your wife! 2.It will certainly matter if she draws from taxable, tax-deferred, or from Roth. 3. You can leave her a different set of instructions for this situation, since you don't have the stepped-up basis yet. 1. Thank you for t...
by 1210sda
Wed Oct 18, 2017 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2875

Re: About Vanguard advisors: opinions, thoughts?

As one of those in the same boat, I like your solution BUT I have a couple of questions: 1. Are your taxable accounts jointly owned with your spouse such that she automatically becomes the owner on your death? 2. If so, are you sure the step-up applies? 3. If not, how do you have things set up so s...
by 1210sda
Wed Oct 18, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2875

[If I die before my spouse, how to direct Vanguard advisors?]

[Moved into a stand-alone thread from: Re: About Vanguard advisors: opinions, thoughts? --admin LadyGeek] I am faced with the same situation that many others have: If I predecease my spouse, she would have difficulty maintaining our portfolio, simple as it might be. We currently have all of our mon...
by 1210sda
Tue Oct 17, 2017 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: how long did it take to get used to retirement
Replies: 105
Views: 10126

Re: how long did it take to get used to retirement

For the first year after I retired, we (dw and me) spent a lot of time planning our relocation from the midwest to the southwest. We had tons of packing, cleaning, throwing out useless stuff and just generally getting the house ready for listing with a real estate broker. Of course, we took our swee...
by 1210sda
Sun Oct 15, 2017 10:34 am
Forum: Investing - Theory, News & General
Topic: Wade Pfau’s new book: How Much Can I Spend in Retirement?
Replies: 46
Views: 10324

Re: Wade Pfau’s new book: How Much Can I Spend in Retirement?

I hope this qualifies as one of Taylor's investment gems.

1210sda
by 1210sda
Mon Oct 09, 2017 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Combining spouses separate accounts into one joint account. Any downsides?
Replies: 19
Views: 1498

Re: Combining spouses separate accounts into one joint account. Any downsides?

Gill wrote:
Sat Oct 07, 2017 4:01 pm
You lose the right to dispose of your property by will if it is all held jointly.
Gill
Why is this a problem?

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by 1210sda
Mon Oct 09, 2017 5:07 pm
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 6812

Re: Has your "risk tolerance" been tested?

2) Job security: I remember "fondly" getting promoted to an upper upper tier leadership position, making the most money I'd ever made in my life, only to have that entire tier of leadership dissolved the next year. For my age, the statistics showed it should have taken well over year to get another...
by 1210sda
Fri Sep 29, 2017 9:19 am
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 63
Views: 7273

Re: 3 stages of Financial Independence

3) Abundance - You have your basic expenses covered, you buy what you need when you need it and maybe upgrade when you do, you participate in hobbies or travel without regard to expense. The level of income your portfolio/pension/SS/etc. is expected to provide meaningfully exceeds the expectations ...
by 1210sda
Wed Sep 27, 2017 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 6170

Re: My Smartest Financial Moves

1.Discovering the "Bogleheads"
2. Passive Investing
3. The Three Fund Portfolio.
4. Vanguard
(Not in order of importance) :)

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by 1210sda
Wed Sep 27, 2017 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones (again)
Replies: 28
Views: 2402

Re: Edward Jones (again)

JW-Retired mentioned that EJ is moving to a 1.35% of AUM.

Don't know how close you are to retirement, but if you were in retirement and getting charged a 1.35% fee, that's over 1/3 of the typically recommended SWR of 4%.

That's a lot of handholding.

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by 1210sda
Mon Sep 25, 2017 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Simplifying portfolio
Replies: 43
Views: 3629

Re: Simplifying portfolio

I strongly suggest keeping rollovers of employer plans separate from the IRA(s) in which you made a tax-deductible contribution directly into the IRA. If you should also have traditional IRAs with non-deductible contributions, those also should be kept in a third IRA. The reason involves the possib...
by 1210sda
Mon Sep 25, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 12150

Re: Lifestyle Creep

If you live happily on $80k, you need $1 million to maintain that lifestyle. If you let your lifestyle creep up to $120k a year, not only are you saving less each year, but now you need $3 million instead of $2 million. So lifestyle creep counts twice against you. You have to be careful. Hi Homer. ...
by 1210sda
Wed Sep 20, 2017 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Asset Location: 401k All Fixed Income?
Replies: 16
Views: 1205

Re: Asset Location: 401k All Fixed Income?

aristotelian wrote:
Wed Sep 20, 2017 9:11 am
My assumption is that they are not market timing in their taxable accounts or IRA's and they are contributing every year.
Your assumption is correct.

Thank you

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