Search found 416 matches

by CWRadio
Wed May 27, 2020 8:28 am
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 30
Views: 1683

“WHEN YOU'VE WON the game, stop playing with the money you really need.”

William Bernstein is fond of saying “WHEN YOU'VE WON the game, stop playing with the money you really need.” For example: If you need $30,000 a year for 30 years you should have $900,000 in safe money. My question is where do you put this safe money if it is in a IRA and don't want to play with it? ...
by CWRadio
Sun May 17, 2020 7:00 pm
Forum: Investing - Theory, News & General
Topic: Qualified charitable distribution before the CARES act
Replies: 1
Views: 127

Qualified charitable distribution before the CARES act

Can you still deduct a qualified charitable distribution (QCD) for your 2020 Federal income tax even if you did not take your RMD for 2020 due to the CARES act? I had Fidelity send a check to a 501C charity in January . No other money was taken from my IRA to meet RMD requirements. Example: $1000 fo...
by CWRadio
Sat May 16, 2020 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 656
Views: 86591

Re: Best CD rates thread

Keep in mind that for a joint account with two owners, whether or not there are beneficiaries, the maximum deposit insurance coverage is halved if one of the owners dies. However, both FDIC and NCUA provide a grace period of six months during which coverage is maintained as if the deceased owner we...
by CWRadio
Sat May 09, 2020 10:20 am
Forum: Investing - Theory, News & General
Topic: Time Horizon
Replies: 8
Views: 567

Time Horizon

What does the words time horizon mean to a buy and hold investor that is 75 or 85 years old and use their investments to live on in retirement?
Many Bogleheads use these words in their posting and talk about time horizon in making a decision to buy or sell. Thanks Paul
by CWRadio
Fri May 08, 2020 9:03 am
Forum: Investing - Theory, News & General
Topic: Moshe Milevsky Morningstar Podcast
Replies: 2
Views: 324

Moshe Milevsky Morningstar Podcast

Moshe Milevsky was on the Morningstar The Long View Podcast week of May 6. Any comment on his interview? Thanks.
https://www.morningstar.com/podcasts/the-long-view/55
by CWRadio
Wed May 06, 2020 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 656
Views: 86591

Re: Best CD rates thread

Summit111 wrote:
Tue May 05, 2020 8:24 pm
Kevin,

I buy only direct CDs inside of my Vanguard Traditional IRA, no brokered CDs. I noticed Vanguards lack of competitive rates starting a little over a year ago....I’ve wondered why the change....

Summit
How do you buy direct CDs inside your Vanguard IRA? Thanks Paul
by CWRadio
Fri Apr 17, 2020 12:13 pm
Forum: Investing - Theory, News & General
Topic: Switching from Bond funds to CD ladder
Replies: 26
Views: 1857

Switching from Bond funds to CD ladder

I been in bond funds for all my investment years (45). My current portfolio is 60% bonds. I am 75 years old and my wife is 72 and we are living off our IRA and Social Security. I have done well with my bond funds. Now that interest rates are very low and I am getting on in age I was thinking of sell...
by CWRadio
Fri Apr 10, 2020 12:51 pm
Forum: Personal Investments
Topic: Follow Bernstein or Bogle
Replies: 99
Views: 7356

Re: Follow Bernstein or Bogle

We do support our retirement with a combination of some pension income, Social Security (which is an inflation indexed annuity), and portfolio withdrawals
DBR.. Thanks for sharing your personal information. If one does not have a pension would you buy a SPIA? If so, at what age? Thanks Paul
by CWRadio
Thu Apr 09, 2020 8:17 am
Forum: Personal Investments
Topic: Another Lump Sum vs Monthly Pension Question
Replies: 26
Views: 1413

Re: Another Lump Sum vs Monthly Pension Question

So now wrestling with the decision of taking the $31K/yr non-cola pension or the $618K lump sum. As suggested in other threads, I did look on immediateannuities.com and to get the same 31K/yr would require just over $700K investment. Why is there such a great disparity from immediateannuities.com (...
by CWRadio
Wed Apr 08, 2020 10:18 am
Forum: Personal Investments
Topic: Another Lump Sum vs Monthly Pension Question
Replies: 26
Views: 1413

Re: Another Lump Sum vs Monthly Pension Question

So now wrestling with the decision of taking the $31K/yr non-cola pension or the $618K lump sum. As suggested in other threads, I did look on immediateannuities.com and to get the same 31K/yr would require just over $700K investment. Why is there such a great disparity from immediateannuities.com (...
by CWRadio
Mon Apr 06, 2020 10:12 am
Forum: Personal Consumer Issues
Topic: Cruise cancelled [take refund or future credit?]
Replies: 51
Views: 2682

Re: Cruise cancelled [take refund or future credit?]

As previous stated I booked on a Uniworld river cruise via Costco travel for May 20. Uniworld is only offering future cruise credit if the cruise is cancelled by Uniworld. I can cancel 30 days before May 30. I can get back (uniworld insurance ) 50% of my money plus 50% back in FCC as defined in ther...
by CWRadio
Sun Apr 05, 2020 8:49 am
Forum: Personal Consumer Issues
Topic: Cruise cancelled [take refund or future credit?]
Replies: 51
Views: 2682

Re: Cruise cancelled [take refund or future credit?]

I have a river cruise with Uniworld for the end of May which has not been canceled yet. When I book the cruise in September the contract stated if Uniworld cancel the cruise you will receive a cash refund. Last week Uniworld changed there cancellation policy. If Uniworld cancels you will receive fut...
by CWRadio
Thu Apr 02, 2020 7:24 pm
Forum: Personal Consumer Issues
Topic: Cruise Cancellation
Replies: 62
Views: 6198

Re: Cruise Cancellation

My guess is that the original Uniworld T&C still apply, theoretically. But good luck trying to get that money back. Your best bet is probably to try fisrt with costco and then with your credit card company, if the cruise line fails to refund the money. But I wouldn't hold your breath. Even the big ...
by CWRadio
Sun Mar 29, 2020 12:36 pm
Forum: Personal Consumer Issues
Topic: Cruise Cancellation
Replies: 62
Views: 6198

Re: Cruise Cancellation

I booked (CostCo travel) a river cruise last year on Uniworld for May 2020 with Uniworld insurance and airfare. I notice changes to Uniworld Terms and Conditions as it relates if Uniworld cancel the cruise. Old Terms and Condition say I get my money back. If Uniworld cancel which TC apply to me? Do ...
by CWRadio
Wed Feb 19, 2020 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Optimal age to purchase SPIA
Replies: 42
Views: 4693

Re: Optimal age to purchase SPIA

Just finished reading on my Kindle Longevity Insurance for a Biological Age by Dr. Moshe Arye Milevsky After reading the book it may make sense to have a “ aging ” blood test to tell me and my wife our biological age as it compare to our chronological age (number of time we went around the sun) befo...
by CWRadio
Tue Feb 18, 2020 2:06 pm
Forum: Personal Consumer Issues
Topic: Lifespan - David Sinclair. Next steps?
Replies: 7
Views: 1581

Re: Lifespan - David Sinclair. Next steps?

Is there a test to know your biological age as compared to your chronological age (number of times you gone around the sun)?
Thanks Paul
by CWRadio
Sun Feb 16, 2020 10:11 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman is my guest on this "Bogleheads on Investing" podcast
Replies: 137
Views: 10020

Re: Paul Merriman is my guest on this "Bogleheads on Investing" podcast

Is there one fund or ETF that covers all Stock Style (Large, Mid, Small, Value, Growth, blend) as Paul Merriman discussed in the podcast?
Thanks Paul
by CWRadio
Mon Jan 13, 2020 1:32 pm
Forum: Personal Investments
Topic: 30/70 in Accumulation Phase?
Replies: 80
Views: 8043

Re: 30/70 in Accumulation Phase?

You may find this article from Rick Ferri interesting.
The Center Of Gravity For Retirees
https://www.forbes.com/sites/rickferri/ ... c87cc25dae
Paul
by CWRadio
Tue Jan 07, 2020 8:16 pm
Forum: Personal Consumer Issues
Topic: Good Rx
Replies: 60
Views: 6461

Re: Good Rx

I received a GoodRX plastic discount card in the mail.
My question:
Does the plastic card give me the same discount price as compared to going to the GoodRx web site and looking up the drug and using the coupon for the best price pharmacy?

Thanks Paul
by CWRadio
Mon Jan 06, 2020 1:55 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman will be our February 2020 "Bogleheads on Investing" guest.
Replies: 85
Views: 6126

Re: Paul Merriman will be our February 2020 "Bogleheads on Investing" guest.

Question: What is your current thinking about when to buy a single premium immediate annuity (SPIA) once you are in retirement? Thanks Paul
by CWRadio
Mon Dec 16, 2019 11:08 am
Forum: Investing - Theory, News & General
Topic: App for when to buy a SPIA
Replies: 6
Views: 565

App for when to buy a SPIA

Is there a software program that you can input all your information and it will tell you if is a good or bad time to buy a SPIA (Single Premium immediate annuity)?
Thanks Paul
by CWRadio
Sat Dec 07, 2019 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do annuities have a higher payout than SWR?
Replies: 53
Views: 3722

Re: Do annuities have a higher payout than SWR?

Any discussion on checking you biological age as it compares to your chronological age (number of times the earth goes around the sun) before buying a SPIA. Maybe a DNA blood test (telomere).
You may find out your biological age is 10 great then you chronological age or 10 years younger. Paul
by CWRadio
Sat Nov 30, 2019 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Just Bought an Annuity
Replies: 188
Views: 21625

Re: Just Bought an Annuity

Before buying a SPIA did you consider having a have biological age DNA test? You may find you are 10 older then your calendar age or maybe 10 years younger.
Paul
by CWRadio
Tue Nov 12, 2019 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance
Replies: 60
Views: 5743

Re: Dental Insurance

I use Delta Dental Patient Direct discount card in Michigan. $80 a year. Paul
https://www.deltadentalmi.com/getmedia/ ... Flier.aspx
https://www.deltadentalmi.com/Member/Pl ... ent-Direct
by CWRadio
Thu Nov 07, 2019 9:47 am
Forum: Investing - Theory, News & General
Topic: RMD first year of SPIA payout
Replies: 1
Views: 240

RMD first year of SPIA payout

Can the SPIA distribution satisfy the RMD requirement for the first year of the SPIA payout. Example: I purchase a SPIA from my IRA on Jan 1 that pays $40,000 a year. My RMD for that year is $80,000 from the same IRA I purchased the SPIA. Can the $40,000 from the SPIA payout count towards the $80,00...
by CWRadio
Sun Nov 03, 2019 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Car rental insurance experiences
Replies: 31
Views: 3216

Re: Car rental insurance experiences

people state they charge a daily "loss of revenue" fee for each day they are waiting for the repair that they can't rent the car and that many credit card and insurance companies don't cover this cost. I probably should call the CC company and check but this is the one situation that makes me think...
by CWRadio
Sat Nov 02, 2019 7:17 pm
Forum: Personal Investments
Topic: Dimentional (DFA) Mutual fund prices haven't updated today?
Replies: 2
Views: 455

Re: Dimentional (DFA) Mutual fund prices haven't updated today?

My DFA funds updated at my Fidelity account when I checked my portfolio this morning. Looking at the actual fund it did not update.
Strangle. Paul
by CWRadio
Sat Nov 02, 2019 11:23 am
Forum: Personal Consumer Issues
Topic: Replacing one tire on all wheel drive SUV
Replies: 13
Views: 1451

Re: Replacing one tire on all wheel drive SUV

Nicolas wrote:
Sat Nov 02, 2019 10:48 am
There was a long thread on this topic earlier this year.
viewtopic.php?f=11&t=272142
Thank you all for sharing your Boglehead knowledge. Next time I will try to do a better search. Paul
by CWRadio
Sat Nov 02, 2019 9:46 am
Forum: Personal Consumer Issues
Topic: Replacing one tire on all wheel drive SUV
Replies: 13
Views: 1451

Replacing one tire on all wheel drive SUV

I recently replaced one of my Michelin Latitude tour tire due to a puncher that could not be fixed on my 4 wheel drive Honda CR-V. The new tire a has a tread depth of 10/32 and the other 3 tires have a 7/32. In the December 2019 issue of Consumer Reports (page 52)it states if you need to replace one...
by CWRadio
Fri Oct 25, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 656
Views: 86591

Re: Best CD rates thread

Any advice on how to invest $500,000 from my IRA into Pennsylvania State Employees Credit Union (PSECU) 2 year CD and still have insurance protection? Thanks Paul
by CWRadio
Fri Oct 18, 2019 9:20 am
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 310
Views: 46020

Re: The One-Fund Portfolio as a default suggestion

What one fund in retirement would you use when you are in the distribution phase of your life? Thanks Paul
by CWRadio
Fri Oct 11, 2019 7:37 am
Forum: Investing - Theory, News & General
Topic: SPIA and your health
Replies: 25
Views: 2774

Re: SPIA and your health

Thank you all for sharing. Paul
by CWRadio
Fri Oct 11, 2019 7:36 am
Forum: Personal Investments
Topic: SPIA, RMD and Federal Tax
Replies: 15
Views: 1498

Re: SPIA, RMD and Federal Tax

Thank you all for sharing. Paul
by CWRadio
Fri Oct 11, 2019 6:47 am
Forum: Personal Investments
Topic: Safety first in retirement distribution
Replies: 13
Views: 1809

Re: Safety first in retirement distribution

Thank you all for sharing. Paul
by CWRadio
Wed Oct 09, 2019 6:54 pm
Forum: Personal Investments
Topic: Safety first in retirement distribution
Replies: 13
Views: 1809

Safety first in retirement distribution

I would like your opinion on my pending portfolio . I am in retirement and in the distribution phase of my IRA. I also a safety first investor ( if you won the game stop playing) as compare to probability type of investor. I am 74 and wife is 72 Our IRA has $1,900,000 I need $40,000 a year to live ...
by CWRadio
Sun Oct 06, 2019 5:12 pm
Forum: Personal Investments
Topic: SPIA, RMD and Federal Tax
Replies: 15
Views: 1498

SPIA, RMD and Federal Tax

I am trying to understand paying more Federal income tax if I buy a SPIA ( Single Premium Immediate Annuity) and what it means. Let say I am 74 married (w 72) in 2018. I need $80,000 a year to live on(including tax). My IRA has $2,000,000 on Dec 31 2018. I receive $40,000 for Social Security. No pen...
by CWRadio
Fri Oct 04, 2019 8:47 am
Forum: Investing - Theory, News & General
Topic: SPIA and your health
Replies: 25
Views: 2774

Re: SPIA and your health

Dottie, sorry about your mom. May her memory be for a blessing I don't think whether or not the probabilistic payout favors you or the insurer is the way to look at it. A SPIA is insurance, not really an investment. Whether or not you (and your potential care takers) would prefer to bear the risk of...
by CWRadio
Thu Oct 03, 2019 4:04 pm
Forum: Investing - Theory, News & General
Topic: SPIA and your health
Replies: 25
Views: 2774

SPIA and your health

I am 75 and my wife is 72. We are planning on buying a Joint life SPIA (Single premium immediate annuity). Our doctors say we are both in good health. This morning I was listing to NPR wail I was on the treadmill. The piece was about Future You, with Elise Hu. https://www.npr.org/2019/05/06/71641478...
by CWRadio
Mon Sep 23, 2019 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Calculate my 2020 federal taxes
Replies: 9
Views: 1863

Re: Calculate my 2020 federal taxes

Thank you all for your advice. I found the 1040 calculator at Dinkytown https://www.dinkytown.net/v3/999160/Tax1040.html kw1L Looks pretty comprehensive but it does not appear to include the additional standard deduction for those 65 and older. Open the ^ under Standard or itemize deductions. You w...
by CWRadio
Mon Sep 23, 2019 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Calculate my 2020 federal taxes
Replies: 9
Views: 1863

Re: Calculate my 2020 federal taxes

Thank you all for your advice.
I found the 1040 calculator at Dinkytown
https://www.dinkytown.net/v3/999160/Tax1040.html

kw1L
by CWRadio
Sun Sep 22, 2019 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Calculate my 2020 federal taxes
Replies: 9
Views: 1863

Calculate my 2020 federal taxes

Any advice on a free application or web page to calculate my 2020 (2019 tax year) Federal taxes?
I need to calculate federal taxes required for this years RMD. Program needs to also calculate my QCD (qualified charitable distribution) into my federal return,

Thanks Paul
by CWRadio
Thu Sep 19, 2019 8:20 am
Forum: Personal Investments
Topic: One Fund that meets the Bogleheads 3 fund portfolio.
Replies: 14
Views: 2150

One Fund that meets the Bogleheads 3 fund portfolio.

I am looking for one fund (in my IRA) that has the principals of the Bogleheads three fund portfolio or Rick Ferri Core-4 Classic portfolio. The allocation for equity should be between 25 to 35% (foreign no more than 25% of total stock). The bond side have high quality bonds. No foreign bonds. Not s...
by CWRadio
Sun Aug 04, 2019 12:05 pm
Forum: Investing - Theory, News & General
Topic: "Bogleheads on Investing" episode 012 - guest Larry Swedroe, host Rick Ferri
Replies: 50
Views: 5972

Re: "Bogleheads on Investing" episode 012 - guest Larry Swedroe, host Rick Ferri

At the end of the podcast Larry stated to talk about what type of portfolio a person should have in retirement. That would be an interesting discussion.
Paul
by CWRadio
Thu Jul 04, 2019 5:21 am
Forum: Personal Investments
Topic: Do Target Date Retirement Funds Have a Down Side?
Replies: 29
Views: 3580

Re: Do Target Date Retirement Funds Have a Down Side?

tennisplyr wrote:
Tue Jul 02, 2019 4:18 pm
When making withdrawals you cannot specify where you want take it from...stocks vs. bonds.
Is there a fund that when you make a withdrawal it sell the the underlying shares that are doing better? Example if equities are down it sells from the bond side.
by CWRadio
Wed Jun 26, 2019 10:10 am
Forum: Personal Consumer Issues
Topic: Dental implant... almost done! COMPLETE!
Replies: 64
Views: 5227

Re: Dental implant... almost done!

I used a Prosthodontist for my implant and crown. Paul
by CWRadio
Tue Jun 25, 2019 1:19 pm
Forum: Personal Consumer Issues
Topic: Dental implant... almost done! COMPLETE!
Replies: 64
Views: 5227

Re: Dental implant... almost done!

TomatoTomahto wrote:
Tue Jun 25, 2019 9:12 am
Those healing abutments are a tongue magnet. My implants are the best teeth in my mouth. Good luck.
Have the same problem with my tongue. Help, how do I stop my tongue from going to the healing abutment (tooth 30). Paul
by CWRadio
Sun Jun 23, 2019 7:41 am
Forum: Personal Consumer Issues
Topic: Radon levels in home
Replies: 50
Views: 5297

Re: Radon levels in home

A little off subject. My house is 15 years old and has a passive Radon mitigation system (no fan) connected to the sump. When the house was built the radon level was 1 and now it is 3.9. I plan on adding a passive mitigation fan to the 3 inch PVC pipe in the attic. My question is how do you determin...
by CWRadio
Fri Jun 07, 2019 12:19 pm
Forum: Investing - Theory, News & General
Topic: [Nominal] Annuities are a bet on future inflation rates and should not be purchased by retirees
Replies: 183
Views: 14243

Re: Annuities are a bet on future inflation rates and should not be purchased by retirees

Mike Piper says: My point here isn’t that the COLA annuities are a bad idea. As you’ll notice, they do a better job of protecting against longevity than annuities without COLAs. (That is, the longer the lifetime, the better they perform.) Since payment amounts from fixed- COLA annuities are backloa...
by CWRadio
Fri May 03, 2019 2:31 pm
Forum: Personal Consumer Issues
Topic: Investing in a dental implant & Vetting and questions to ask?
Replies: 50
Views: 5100

Re: Investing in a dental implant & Vetting and questions to ask?

Just got my treatment plan for a implant and crown for tooth #30. About $3900 (no insurance, discount card) My question on dental code D7921 the dentist will be using L-PRF as a type of bone graft. Has any Boglehead had a bone graft using the L-PRF procedure of platelet therapy? Google search show l...