Search found 33 matches

by liberty53
Sat Jun 16, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 63
Views: 4336

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: 4336

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: 34
Views: 6472

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: 34
Views: 6472

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: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2016!
Replies: 266
Views: 47640

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: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2016!
Replies: 266
Views: 47640

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: Investing - Help with Personal Investments
Topic: Would YOU retire
Replies: 67
Views: 9756

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: 82
Views: 11613

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: 82
Views: 11613

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: 1912

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
Sat Dec 16, 2017 9:50 am
Forum: Personal Consumer Issues
Topic: New Car - Always use parking brake ?
Replies: 72
Views: 7819

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: 880

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: 6843

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: 3139

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: 1904

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: 1904

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: 4009

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: 7282

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: 1759

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: 4833

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: Investing - Help with Personal Investments
Topic: Confused about the NY times rent vs buy calculator
Replies: 2
Views: 498

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: 20701

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: 9606

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: 20701

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: 20701

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: 2651

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: 13860

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: 6568

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: 3212

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: 9052

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...
by liberty53
Sun Nov 02, 2014 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Career change: realistic expectations and risks
Replies: 27
Views: 3993

Re: Career change: realistic expectations and risks

I think if you can actually code you shouldn't have any problem getting a job in the $70-$100K range in the Boston area. This estimate of starting salary accounts for your lack of current industry experience. Your salary should climb rather quickly after a few years, either through job changes or in...