Search found 51 matches

by liberty53
Mon Dec 30, 2019 6:18 pm
Forum: Personal Investments
Topic: Fun with FIRECalc
Replies: 31
Views: 3252

Re: Fun with FIRECalc

How do you adjust the firecalc results for inflation? For e.g say it says your portfolio will be 1million in 30 years, however in 30 years 1million won't have the same purchasing power as it does now, From the results page: values are in terms of the dollars as of the beginning of the retirement pe...
by liberty53
Mon Dec 30, 2019 9:04 am
Forum: Personal Investments
Topic: Fun with FIRECalc
Replies: 31
Views: 3252

Re: Fun with FIRECalc

How do you adjust the firecalc results for inflation? For e.g say it says your portfolio will be 1million in 30 years, however in 30 years 1million won't have the same purchasing power as it does now, would you just adjust the end figure by average inflation say 2.5% compounded to get the amount in...
by liberty53
Thu Dec 26, 2019 11:03 pm
Forum: Personal Consumer Issues
Topic: What tech wiring in new build house?
Replies: 124
Views: 7127

Re: What tech wiring in new build house?

This thread cracks me up..... I didn't see anybody mention running some fiber between floors - what it you want to run a server in your basement and use 10G or 100G ethernet? If you are going to run high quality copper put some fiber in there as well! Actually we had that discussion in the middle o...
by liberty53
Thu Dec 26, 2019 8:29 pm
Forum: Personal Consumer Issues
Topic: What tech wiring in new build house?
Replies: 124
Views: 7127

Re: What tech wiring in new build house?

This thread cracks me up.....

I didn't see anybody mention running some fiber between floors - what it you want to run a server in your basement and use 10G or 100G ethernet?

If you are going to run high quality copper put some fiber in there as well!
by liberty53
Thu Dec 26, 2019 11:13 am
Forum: Personal Consumer Issues
Topic: Toyota Camry transmission problems in 2018-2019
Replies: 21
Views: 1896

Re: Toyota Camry transmission problems in 2018-2019

I have a 2018 Camry XSE V6. The transmission isn't as good as my previous 2013 Camry. The main problem is a hesitation when accelerating from a "California Stop" (rolling stop) type of situation. Sometimes it also seems to "hunt" gears too much. It's not terrible, but wish it could be tuned better....
by liberty53
Thu Dec 26, 2019 9:56 am
Forum: Personal Consumer Issues
Topic: Toyota Camry transmission problems in 2018-2019
Replies: 21
Views: 1896

Re: Toyota Camry transmission problems in 2018-2019

I have a 2018 Camry XSE V6. The transmission isn't as good as my previous 2013 Camry. The main problem is a hesitation when accelerating from a "California Stop" (rolling stop) type of situation. Sometimes it also seems to "hunt" gears too much. It's not terrible, but wish it could be tuned better. ...
by liberty53
Fri Nov 22, 2019 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: What's your FIRECALC number?
Replies: 58
Views: 8268

Re: What's your FIRECALC number?

I have two concerns about calculators like this. First, they model the future based on the past - and the past has been pretty freaking bullish. And second, they assume that life doesn't happen, and that your expenses are constant and predictable. Given that, 95%+. But it doesn't model the future -...
by liberty53
Sat Nov 09, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?
Replies: 64
Views: 7007

Re: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?

I once sold everything in one country and moved to another country for a job. Had all the going away parties and donated most of our household goods we had accumulated. Ended up hating the new job. My old boss asked if I wanted to come back and I agreed to do so. Moved back the country I had left a ...
by liberty53
Thu Jul 25, 2019 5:42 am
Forum: Personal Finance (Not Investing)
Topic: Sell paid off house, invest proceeds and rent
Replies: 47
Views: 4031

Re: Sell paid off house, invest proceeds and rent

Use the NY Times Rent vs Buy calculator. Assume you have $380 or so to put into a house and set the mortgage to 100% down payment. I looked at a scenario with your numbers and it looks like keeping your house would save you a few hundred per month over renting depending on all assumptions on rent gr...
by liberty53
Fri Apr 12, 2019 7:32 am
Forum: Investing - Theory, News & General
Topic: Navy FCU 3.25 17mo CD
Replies: 5
Views: 1275

Re: Navy FCU 3.25 17mo CD

Just rolled over into their 6-month 3% APY share certificate. Great deal.
by liberty53
Thu Apr 04, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Considerations for Rent v Buying for 4-year stay
Replies: 16
Views: 1521

Re: Considerations for Rent v Buying for 4-year stay

The financial trade-offs for rent vs buy may be determined quite accurately by the NY Times rent vs by calculator: https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html . Not sure why we don't pin the link somewhere since these questions come up all the time. I used that calculat...
by liberty53
Thu Apr 04, 2019 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Considerations for Rent v Buying for 4-year stay
Replies: 16
Views: 1521

Re: Considerations for Rent v Buying for 4-year stay

The financial trade-offs for rent vs buy may be determined quite accurately by the NY Times rent vs by calculator:

https://www.nytimes.com/interactive/201 ... lator.html.

Not sure why we don't pin the link somewhere since these questions come up all the time.
by liberty53
Mon Apr 01, 2019 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate question: lower the asking price or spend to repair
Replies: 26
Views: 1482

Re: Real Estate question: lower the asking price or spend to repair

Just from a financial basis it's better to lower the price. Lowering the price reduces the real-estate commission, local taxes, and any potential capital gains you may have to pay on the sale price. It probably helps keep the appraised value lower for the buyer as well depending on the state/town. Y...
by liberty53
Mon Dec 10, 2018 7:30 am
Forum: Personal Consumer Issues
Topic: Apple Store For Vets & Active Military
Replies: 9
Views: 1624

Re: Apple Store For Vets & Active Military

I just ordered an Apple watch as a gift. I did sign into my apple account to order, but there was no verification of active duty or veteran status.
by liberty53
Mon Nov 12, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1057
Views: 115803

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

veggivet wrote:
Mon Nov 12, 2018 3:01 pm
My advisor confirmed the rumor, but said that he couldn't discuss any details until the 15th.
Sweet - thanks for another data point!
by liberty53
Mon Nov 12, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1057
Views: 115803

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

That's just the issue. A higher balance doesn't necessarily increase the fees if you're investing it all in cheap Vanguard ETFs like I am. I've got $60K+ invested at HSA Bank/TD Ameritrade and my total fees are something like $60 a year including commissions. For me, it's just about simplification....
by liberty53
Sun Nov 11, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1057
Views: 115803

Re: Rumour mill - Fidelity starting individual HSA's Nov. 15th

Would anyone be eligible to open one? Or only if you have a high deductible insurance plan? The rep indicated I would be able to rollover my HSA to Fidelity. I made clear that I wasn't contributing anymore, so I don't believe you need to be in a High Deductible plan to roll one over. You probably n...
by liberty53
Sun Nov 11, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1057
Views: 115803

[Fidelity Health Savings Account Mega-Thread]

[1/21/2020: Title was "Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]" Use this thread for all general Fidelity HSA discussions. 2020 posts start on Page 21. --admin LadyGeek] I was in my local Fidelity office a few days ago, and asked them if Fidelity would ever start individual ...
by liberty53
Sat Jun 16, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 63
Views: 4984

Re: A different theoretical view of SWR

Well - 3.33% is less than 4% so already very conservative. Do you adjust the withdrawal to account for inflation - or does it stay fixed? Do you recalculate every year? Do I get to take 5% 10 years into my 30 year retirement? Whoa... 1. This is not well-formed theory. This is just the beginning, ba...
by liberty53
Sat Jun 16, 2018 11:33 am
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 63
Views: 4984

Re: A different theoretical view of SWR

Well - 3.33% is less than 4% so already very conservative.

Do you adjust the withdrawal to account for inflation - or does it stay fixed?

Do you recalculate every year? Do I get to take 5% 10 years into my 30 year retirement?
by liberty53
Sat Mar 31, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: $6.55 Northrup Grumman 401k class action settlement
Replies: 37
Views: 8078

Re: $6.55 Northrup Grumman 401k class action settlement

I understand. Most of the class action settlements I have received have been for very few dollars. The best one I had a few years back was a class action against the credit card companies for high foreign transaction fees. I happened to have been doing a lot of overseas travel the previous years and...
by liberty53
Sat Mar 31, 2018 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: $6.55 Northrup Grumman 401k class action settlement
Replies: 37
Views: 8078

Re: $6.55 Northrup Grumman 401k class action settlement

I'm not sure from your post what the issue is?

What problem was caused by receiving the settlement?

I received a little over $100 from the same class action settlement a few days ago.
by liberty53
Thu Mar 08, 2018 9:33 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2016!
Replies: 275
Views: 75614

Re: Roll Call for the Retirement Class of 2016!

I have been traveling, getting in shape (no more road warrior diet) and doing some volunteer work writing software. It has been pretty good so far. I admit to being clueless - but what's a "road warrior diet?" You mean snacking on bags of potato chips while cruising down the highway to your next me...
by liberty53
Thu Mar 08, 2018 4:07 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2016!
Replies: 275
Views: 75614

Re: Roll Call for the Retirement Class of 2016!

I have been traveling, getting in shape (no more road warrior diet) and doing some volunteer work writing software. It has been pretty good so far.

Thanks for asking :happy
by liberty53
Thu Mar 08, 2018 4:05 pm
Forum: Personal Investments
Topic: Would YOU retire
Replies: 67
Views: 10577

Re: Would YOU retire

I would run your scenario using FireCalc or cFireSim and see what it looks like without using the constant % return on investments method which doesn't account for sequence of returns risk. Your need seems like it was estimated conservatively, which is great, but at approx. $9K/month after accountin...
by liberty53
Tue Feb 27, 2018 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Do you rent even if you can afford to buy?
Replies: 131
Views: 24663

Re: Do you rent even if you can afford to buy?

The accidental landlord is a different story. I wasn't talking about them. I have also been there and felt the pain. Towards the end though, before selling it, I was getting the PITI covered by rent and a whopping $100 extra a month. Of course, one repair comes along... or, when I had to replace th...
by liberty53
Sun Feb 25, 2018 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Do you rent even if you can afford to buy?
Replies: 131
Views: 24663

Re: Do you rent even if you can afford to buy?

It's apples to oranges. Homeowner expenses include repairs and maintenance. Not so renting. Examples: replacing our roof cost $8,000, pest control is about $800 per year. You'll have to pay to replace the dead refrigerator, broken dishwasher, and malfunctioning air conditioner. Crack open the walle...
by liberty53
Mon Feb 12, 2018 10:34 pm
Forum: Investing - Theory, News & General
Topic: SWR — Can You Include Real Estate as Part of Your Portfolio
Replies: 24
Views: 2363

Re: SWR — Can You Include Real Estate as Part of Your Portfolio

Interesting question. The 4% SWR is based on the well known Trinity Study as well as on Bengen's studies. Those studies did not use real estate as an asset class, only stock and bonds. The SWR calculators like cFireSim and FireCalc use stocks, bonds, and cash, but still no real-estate. The home you ...
by liberty53
Tue Dec 26, 2017 12:11 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2016!
Replies: 275
Views: 75614

Re: Roll Call for the Retirement Class of 2016!

Retired 4/1/2016 at age 53.
by liberty53
Sat Dec 16, 2017 9:50 am
Forum: Personal Consumer Issues
Topic: New Car - Always use parking brake ?
Replies: 72
Views: 8523

Re: New Car - Always use parking brake ?

My 2018 Toyota Camry automatically sets and releases the parking brake when going to drive or park. I'm assuming Toyota studied the tradeoffs and there is benefit to having the brake set when parked.
by liberty53
Sun Nov 26, 2017 8:34 am
Forum: Personal Consumer Issues
Topic: Scanner Software for PDFs
Replies: 8
Views: 1043

Re: Scanner Software for PDFs

I like Filecenter Pro Plus . It should meet all of your requirements and more.

I think its on sale this week for 50% off. There is a free trial available as well.
by liberty53
Sun Nov 12, 2017 7:32 pm
Forum: Investing - Theory, News & General
Topic: The Personal Black Swan
Replies: 46
Views: 7383

Re: The Personal Black Swan

Most of those aren't black swans at all - and that is an important distinction. One can make plans to directly mitigate identify theft and lawsuits (such as umbrella insurance or other insurance products) and one can calculate the cost/benefit associated with it. One key lesson from Taleb's coining...
by liberty53
Thu Oct 05, 2017 8:15 pm
Forum: Personal Consumer Issues
Topic: Barcelona Hotel Recommendations
Replies: 30
Views: 3504

Re: Barcelona Hotel Recommendations

Add another to the list. I'm going to Barcelona in a few weeks. It will be my first time there.

Haven't made hotel reservations yet though.
by liberty53
Wed Jul 26, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Critique my assumptions in buy vs. rent analysis
Replies: 19
Views: 2055

Re: Critique my assumptions in buy vs. rent analysis

junior wrote:I prefer the Michael Bluejay calculator:

http://michaelbluejay.com/house/rentvsbuy.html

It gives a yearly cash out amount and has more options for taxes and other assumptions.
Thank your for that link - it looks like a great calculator!
by liberty53
Wed Jul 26, 2017 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Critique my assumptions in buy vs. rent analysis
Replies: 19
Views: 2055

Re: Critique my assumptions in buy vs. rent analysis

Wow - finally a rent vs buy thread that starts off with analysis using the NYT caclulator. Thank You OP! Everything looks pretty reasonable in your analysis. I wouldn't agonize over the break even point. Will it change your decision if it goes from 7 years to 5 or 10? One thing you may want to tell ...
by liberty53
Sun Apr 23, 2017 4:22 pm
Forum: Personal Consumer Issues
Topic: Hotel Living
Replies: 20
Views: 4260

Re: Hotel Living

I have also had extended length stays in hotels over the years. One of the things I found very annoying was the tendency of the maids to be loud in the hallways and slam doors as they went in and out of the rooms they were cleaning. They didn't expect guests to being hanging out in the rooms during ...
by liberty53
Sat Mar 04, 2017 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Windfall: should we pay cash for ~$1.3M home?
Replies: 96
Views: 7899

Re: Windfall: should we pay cash for ~$1.3M home?

The NY Times Rent vs Buy calculator: https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html is the place to start to get a feeling for the financial aspect of the decision. It will allow you to adjust knobs to see how much leverage and expected investment returns will affect the re...
by liberty53
Fri Mar 03, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: Getting a feel for cost to build a home
Replies: 11
Views: 2052

Re: Getting a feel for cost to build a home

There are a number of residential construction cost estimator applications available. Some are free - some not. For example: http://www.costtobuild.net/calculator.html Also, you can go to your local library and they should may have a recent version of the "National Construction Estimator" book. I us...
by liberty53
Wed Feb 08, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: FIRECalc
Replies: 17
Views: 5102

Re: FIRECalc

yes, that is correct. if i change the amount contributed to your portfolio per year (increase it) and change the future year in which I retire (also adjusting for an overall longer length of retirement) the bottom number (what my portfolio would be worth at the end of retirement based on the worst ...
by liberty53
Thu Dec 29, 2016 7:52 pm
Forum: Personal Investments
Topic: Confused about the NY times rent vs buy calculator
Replies: 2
Views: 548

Re: Confused about the NY times rent vs buy calculator

I would say your assessment is correct. Your breakeven point under your assumptions is $1400/month. You are paying $1500/month now - if you purchase you will save $100/month. The calculator is very sensitive to some variables like expected return on investments so be sure to play around with those. ...
by liberty53
Wed Oct 26, 2016 3:39 pm
Forum: Investing - Theory, News & General
Topic: The riskiness of home ownership
Replies: 239
Views: 24191

Re: The riskiness of home ownership

You can use the NYTimes Buy vs. Rent calculator to see all of this for yourself. Go here: http://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html?_r=0. Simply taking the default settings (how they are when you load it up), you'll see that the recurring costs of housing (PITI) are $1...
by liberty53
Fri Oct 21, 2016 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Healthcare costs and self funding
Replies: 96
Views: 11779

Re: Healthcare costs and self funding

Hopefully someone can explain this, but I thought with the elimination of pre-existing conditions a chronic illness could be handled by signing up for health coverage when needed - for example if diagnosed with cancer. Obviously this would not work with acute life or death type emergencies, but why ...
by liberty53
Thu Oct 20, 2016 9:37 am
Forum: Investing - Theory, News & General
Topic: The riskiness of home ownership
Replies: 239
Views: 24191

Re: The riskiness of home ownership

Y'all, I'll likely be buying a house some time in the next year, in the Boulder, CO area. I've been thinking more about the financial aspects of home ownership. It recently struck me that buying a house on a loan is relatively risky decision, in the sense that the range of outcomes is greater than ...
by liberty53
Wed Oct 19, 2016 7:58 pm
Forum: Investing - Theory, News & General
Topic: The riskiness of home ownership
Replies: 239
Views: 24191

Re: The riskiness of home ownership

The NYT calculator does a fairly good job covering the tangible aspects of buying versus renting. The article and calculator also treats it as an expense versus an investments (E.g. no "net-worth" questions; opportunity cost questions; etc.) which is the right approach. The NYT calculator does incl...
by liberty53
Fri Sep 09, 2016 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Salaried employees: Bill employer for overtime?
Replies: 17
Views: 2861

Re: Salaried employees: Bill employer for overtime?

Wow, lot of completely wrong responses to the OP's question. Both Federal and State laws affect the right to receive overtime pay. Under Federal law, an employee may be categorized as exempt or non-exempt from the overtime requirements of the Fair Labor Standards Act (FLSA). If exempt - under Federa...
by liberty53
Wed Jul 27, 2016 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Any retirees here who have been life-long renters?
Replies: 140
Views: 16646

Re: Any retirees here who have been life-long renters?

The renters seem to reappeared armed only with vague arguments not backed by any numbers. Yes, people can lose jobs or want to move. Lots of people, renters or not, still stay in the same general area for many years and can find jobs in the same general area. Using job loss or wanting to move as re...
by liberty53
Wed Jun 29, 2016 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Boston area teardown bubble? Sign of a housing downturn ahead?
Replies: 74
Views: 6845

Re: Boston area teardown bubble? Sign of a housing downturn ahead?

We tore down a beat up cape in Lexington back in 2005 and put up a 3000 sq ft colonial. It was the only way we could afford a 4br house in Lexington. Sold it in 2014 because I wanted to retire and the carrying costs were too high and didn't fit any plan I could make work. The intent was to rent for ...
by liberty53
Tue Apr 12, 2016 8:57 am
Forum: Personal Consumer Issues
Topic: How to use iPhone 5S in Europe on wifi only?
Replies: 28
Views: 3472

Re: How to use iPhone 5S in Europe on wifi only?

Be careful with unanticipated charges when using wifi only. I took my family to Japan in February and made sure all cell data was turned off. My daughter used her AT&T iPhone 5S for text messaging and when we got our next bill we had a boatload of 50 cent charges for each text message. Apparently AT...
by liberty53
Sun Dec 21, 2014 10:22 am
Forum: Personal Consumer Issues
Topic: Major Life Decision -- Do we need to keep working?
Replies: 56
Views: 9377

Re: Major Life Decision -- Do we need to keep working?

Financially, I think you are set for a semi-retirement as long as you settle down in a low COL area. I can comment on the desire to return overseas. I spent over 14 years overseas as an expat. The culture shock of returning home will take a while to dissipate. Expect at least a year to feel like you...