Search found 459 matches

by sixtyforty
Wed Jul 01, 2020 6:53 am
Forum: Investing - Theory, News & General
Topic: Retirement: Withdrawing from cash when do u replenish?
Replies: 37
Views: 2425

Re: Retirement: Withdrawing from cash when do u replenish?

I have a couple of questions for those that use a cash reserve (ie set aside) for withdrawing from their portfolio. I've read a number of threads during this recent downturn where people would state something to the effect "I keep 3 years in CD's, so I don't have to sell any investments " etc. (1) ...
by sixtyforty
Tue Jun 30, 2020 10:56 am
Forum: Investing - Theory, News & General
Topic: Retirement: Withdrawing from cash when do u replenish?
Replies: 37
Views: 2425

Re: Retirement: Withdrawing from cash when do u replenish?

I would imagine good years you sell stock and don’t touch the cash and then bad years you touch the cash and don’t sell the stock but I’m curious to hear other peoples insights Yes... but to get to the point.. how do you define "good years" how do you define " bad years". Is it bad right now ? Or i...
by sixtyforty
Tue Jun 30, 2020 8:43 am
Forum: Investing - Theory, News & General
Topic: Retirement: Withdrawing from cash when do u replenish?
Replies: 37
Views: 2425

Retirement: Withdrawing from cash when do u replenish?

I have a couple of questions for those that use a cash reserve (ie set aside) for withdrawing from their portfolio. I've read a number of threads during this recent downturn where people would state something to the effect "I keep 3 years in CD's, so I don't have to sell any investments " etc. (1) W...
by sixtyforty
Sat Jun 20, 2020 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Learning how to do your own taxes?
Replies: 48
Views: 2649

Re: Learning how to do your own taxes?

Have been using Turbotax for last 10 years. It's not difficult, seems pretty thorough and will guide you through. I like that it keeps track of everything from year to year.
by sixtyforty
Sat Jun 20, 2020 6:20 am
Forum: Personal Consumer Issues
Topic: Retiring Abroad
Replies: 109
Views: 10637

Re: Retiring Abroad

I've been thinking of doing something like you. Couple of questions. 1. Do you have to pay for your apartment all year or is it possible to find a good deal for a six month stay? 2. How long did your visa process take and how often do you have to renew? 1. Yes, we pay for our European apartment all...
by sixtyforty
Fri Jun 19, 2020 4:48 pm
Forum: Personal Consumer Issues
Topic: Retiring Abroad
Replies: 109
Views: 10637

Re: Retiring Abroad

In “normal” (non-Covid-19) times, my wife and I split our years between our home in a HCOL area in the USA and a medium COL city in Europe. We own a home in the USA and rent an apartment in Europe. We use our European apartment as our hub for travel throughout Europe. I’d estimate that our non-trav...
by sixtyforty
Fri Jun 19, 2020 11:07 am
Forum: Personal Consumer Issues
Topic: Online / Gun Dealer Recommendations
Replies: 101
Views: 9002

Re: Online / Gun Dealer Recommendations

Followup....took my wife to local gun store and we evaluated a couple candidates for a home defense weapon. As suggested on this forum, it was important for wife to be comfortable with the grip ad handling. We opted for the Glock 17 Gen 5. Nothing flashy but we like the design. You Tube had a wealt...
by sixtyforty
Sat Jun 13, 2020 8:48 am
Forum: Investing - Theory, News & General
Topic: Frequency of Withdrawals in Retirement
Replies: 50
Views: 4039

Re: Frequency of Withdrawals in Retirement

Setup for automated monthly withdrawals. I'm following VPW, my own TMV spreadsheet and a few other retirement calculators to validate the % to withdraw. I'm still new to all this. If you are withdrawing from cash, then whether it's monthly or annually wouldn't seem to make a difference. If your with...
by sixtyforty
Fri Jun 12, 2020 2:14 pm
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 282
Views: 38417

Re: Is there an "upvote" feature in the forums?

CABob wrote:
Fri Jun 12, 2020 2:10 pm
cheese_breath wrote:
Fri Jun 12, 2020 1:45 pm
I don't think that button exists.
And I am glad that it doesn't exist.
+100,000,000,000
by sixtyforty
Tue Jun 09, 2020 7:42 am
Forum: Investing - Theory, News & General
Topic: Managing sequence of returns risk
Replies: 53
Views: 2991

Re: Managing sequence of returns risk

The model is run for 30 years, $1M with a withdrawal of 4% adjusted for inflation and forcing a bad SORR in the first 5 years of retirement. 30/70 Portfolio survives 91% of the time: https://www.portfoliovisualizer.com/financial-goals?s=y&stages=1&careerYears=20&mode=1&initialAmount=1000000&years=30...
by sixtyforty
Sat Jun 06, 2020 12:10 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1952
Views: 211859

Re: [What TV Show Have You Recently Watched?]

30 for 30 - LANCE. It's a two part series chronicling the rise and fall of Lance Armstrong, by ESPN. Lance himself is interviewed along with the other riders that were involved in the doping scandal. I found it absolutely riveting. No need to be a cyclist to watch this. Looking forward to the next 3...
by sixtyforty
Sat Jun 06, 2020 7:41 am
Forum: Personal Investments
Topic: Withdrawal Strategy
Replies: 27
Views: 2913

Re: Withdrawal Strategy

The big problem I see with this withdrawal strategy is consider six years into your plan, a bear market occurs and because you are not re-balancing it wipes out 4 or 5 years of gains on the equity side... at the same time you are draining the bond side. Not a good position to be in. Personally, I wo...
by sixtyforty
Fri May 22, 2020 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 370
Views: 31272

Re: The axe falls and I am prepared. What's next?

Looks okay to me, especially if you factor in SS. I'm sure you've already run on the retirement calculator/planners and they probably tell you the same thing. Enjoy retirement.
by sixtyforty
Fri May 22, 2020 11:00 am
Forum: Personal Investments
Topic: Can retirement be this simple?
Replies: 31
Views: 4414

Re: Can retirement be this simple?

Yes, it can be that simple. We are following a similar plan.. and also have VBIAX.
by sixtyforty
Fri May 22, 2020 8:10 am
Forum: Personal Investments
Topic: I freaked out…now what?
Replies: 60
Views: 6212

Re: I freaked out…now what?

I would recommend; (1) Take this questionare from Vanguard to help determine what asset allocation fits your risk profile and time until retirement etc. https://personal.vanguard.com/us/FundsInvQuestionnaire (2) Based on results from (1), I would start dollar cost averaging back into the market. Bac...
by sixtyforty
Fri May 22, 2020 7:58 am
Forum: Investing - Theory, News & General
Topic: Updating Outside Investments on Web Site [Vanguard]
Replies: 25
Views: 1499

Re: Updating Outside Investments on Web Site

UpperNwGuy wrote:
Thu Apr 18, 2019 7:05 am
RickBoglehead wrote:
Wed Apr 17, 2019 8:45 am
I simply use the Other Investments section. I manually update holdings, Vanguard updates prices based on stock symbol, works fine. I see no reason to have any aggregator accessing my accounts elsewhere.
^^^ This is what I do.
Me as well. Works just fine.
by sixtyforty
Fri May 22, 2020 6:21 am
Forum: Personal Finance (Not Investing)
Topic: I wrote an app, now should i form a business?
Replies: 21
Views: 2267

Re: I wrote an app, now should i form a business?

I wrote an app and published it on the Apple App Store a few years ago. I did form an LLC (with a company name, not my own name) and had a link inside the app that had all the necessary disclaimers. I used templates for the legalese but did tailor it to better match the app. The other thing you can...
by sixtyforty
Thu May 21, 2020 9:10 am
Forum: Personal Finance (Not Investing)
Topic: I wrote an app, now should i form a business?
Replies: 21
Views: 2267

Re: I wrote an app, now should i form a business?

I wrote an app and published it on the Apple App Store a few years ago. I did form an LLC (with a company name, not my own name) and had a link inside the app that had all the necessary disclaimers. I used templates for the legalese but did tailor it to better match the app. The other thing you can ...
by sixtyforty
Thu May 21, 2020 8:23 am
Forum: Personal Consumer Issues
Topic: Frequency of bike overhaul or tune up
Replies: 29
Views: 1764

Re: Frequency of bike overhaul or tune up

If you are riding on the road probably not too much. I would get a tuneup then make sure you keep the chain oiled.
by sixtyforty
Tue May 19, 2020 8:18 am
Forum: Personal Investments
Topic: Did I choose wrong index and allocations?
Replies: 19
Views: 2093

Re: Did I choose wrong index and allocations?

.... 2. I purchased VBIAX to auto invest monthly but I read in the book to avoid high turnover index or etf”s . I hope I understood that correctly. VBIAX has a 37% turnover rate , and according to the book that's a lot of extra fees and not a good choice. VBAIX has an expense ratio of .07% which is...
by sixtyforty
Tue May 19, 2020 7:58 am
Forum: Personal Investments
Topic: Anyone else have Vanguards Wellesley income fund
Replies: 22
Views: 2702

Re: Anyone else have Vanguards Wellesley income fund

We own a lot of it. Everything is relative... If you were in a 60/40 fund you would be down more and 100% stock a lot more. Stop looking at the $$$ you are down. If you must look, focus on the % (not $$$) which will be a lot less than the market. I would also continue adding to the fund.
by sixtyforty
Mon May 18, 2020 7:02 am
Forum: Investing - Theory, News & General
Topic: Fidelity significantly below average scenario
Replies: 7
Views: 1085

Re: Fidelity significantly below average scenario

I use the Fidelity Retirement and Planning as a guide, along with others. No one can answer the question if it accounts for the time's we are in going forward. However, I would say that 'significantly below average' (where your portfolio is exposed to the bottom 10% of the market returns) under mont...
by sixtyforty
Mon May 18, 2020 6:40 am
Forum: Personal Consumer Issues
Topic: Tea supplier comparison
Replies: 74
Views: 5784

Re: Tea supplier comparison

I get most of my tea from here... https://www.arborteas.com/

Their tea is all organic and reasonably priced. My main tea is Oolong (TKY). I rarely use tea bags. My setup with loose leaf is simple and easy.
by sixtyforty
Tue May 12, 2020 4:04 pm
Forum: Personal Investments
Topic: DH Laid Off - can we retire early?
Replies: 40
Views: 4965

Re: DH Laid Off - can we retire early?

I ran your numbers in Firecalc with $60K expenses, $1M portfolio at 60/40 for 45 years. Taking SS at 62 and 70. Results show a 100% success rate. Looks good to me ! Good luck. https://firecalc.com/index.php?wdamt=60000&PortValue=1000000&term=45&callprocess2=Submit&ss1=35520&ssy1=2030&ss2=16080&ssy2=...
by sixtyforty
Tue May 12, 2020 8:55 am
Forum: Personal Investments
Topic: Which variable withdrawal strategy?
Replies: 13
Views: 925

Re: Which variable withdrawal strategy?

I have McClung's book and read through it but honestly it looked alot like data mining to me. It's not something I would use. You might consider taking a look at VPW . https://www.bogleheads.org/wiki/Variable_percentage_withdrawal You might also want to run your numbers in Firecalc, Cfiresim just to...
by sixtyforty
Tue May 12, 2020 8:21 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5560
Views: 1360082

Re: What Movie Have You Recently Watched?

Empire of the Sun. A 1987 movie directed by Spielberg about a little British boy (Christian Bale) separated from his parents during the Japanese occupation of Shanghai during WWII. Good movie.
by sixtyforty
Sat May 09, 2020 8:44 am
Forum: Investing - Theory, News & General
Topic: A bond rule of thumb better than "age in bonds"
Replies: 152
Views: 10565

Re: A bond rule of thumb better than "age in bonds"

If I recall, Bogle advised not having less than 30% bonds or more than 70% stocks. So, a 70/30 portfolio would be considered the most aggressive and 30/70 the most conservative. Anywhere in-between will come down to someone's own risk tolerance. Pretty simple really. Interestingly, Mr Bogle gifted ...
by sixtyforty
Sat May 09, 2020 6:09 am
Forum: Investing - Theory, News & General
Topic: A bond rule of thumb better than "age in bonds"
Replies: 152
Views: 10565

Re: A bond rule of thumb better than "age in bonds"

If I recall, Bogle advised not having less than 30% bonds or more than 70% stocks. So, a 70/30 portfolio would be considered the most aggressive and 30/70 the most conservative. Anywhere in-between will come down to someone's own risk tolerance. Pretty simple really. Interestingly, Mr Bogle gifted h...
by sixtyforty
Thu May 07, 2020 12:15 pm
Forum: Personal Investments
Topic: Why Make Portfolio Safer (More Bonds) as I age?
Replies: 35
Views: 3088

Re: Why Make Portfolio Safer (More Bonds) as I age?

If you would have retired in 2000 with 100% stock your portfolio while withdrawing 4% your portfolio would be worth $361K. OTOH with a 50/50 portfolio it would be worth $1M today. Bear markets or a bad sequence of returns aren't kind to 100% stock portfolio in retirement. https://www.portfoliovisual...
by sixtyforty
Tue May 05, 2020 9:16 am
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7311

Re: If I put 1 million in Wellesley and lived on 35k a year how long would the money last if I took dividends and capita

Here's another example using PV w/ Monte-Carlo Sim. The data only goes back to 1971 for VWINX (Wellesley). Using a $35K withdrawal adjusted for inflation every year yields a 96% success for 45 years. Note that this is using the total return where dividends and interest are re-invested. https://www.p...
by sixtyforty
Mon May 04, 2020 7:47 am
Forum: Investing - Theory, News & General
Topic: Share your Re-Balancing Strategy
Replies: 25
Views: 1710

Re: Share your Re-Balancing Strategy

I own balanced funds, so I don't have to re-balance.
by sixtyforty
Wed Apr 29, 2020 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Podcast - Wade Pfau: The 4% Rule Is No Longer Safe
Replies: 171
Views: 11506

Re: Podcast - Wade Pfau: The 4% Rule Is No Longer Safe

A couple of points regarding the 4% by Bengen / Trinity Study; (1) The 4% as Bengen defined it, is impractical to use in real life. No one in their right mind is going to year in and year out adjust previous year's withdrawal for inflation when the market is heading through the floor. Retirees will ...
by sixtyforty
Tue Apr 28, 2020 6:48 am
Forum: Investing - Theory, News & General
Topic: Statistics on timers in market crashes?
Replies: 103
Views: 5354

Re: Statistics on timers in market crashes?

I think it's funny all these market timing threads where all of them pretty much miss the most important point (IMO). Human Behavior. Regardless of how much you back-test, what articles you read, what books you study, or all the math you throw at it... it's very difficult to exercise discipline and ...
by sixtyforty
Tue Apr 28, 2020 6:21 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5560
Views: 1360082

Re: What Movie Have You Recently Watched?

Marty (Amazon Prime) a 1955 film that won 4 academy awards, including Best Picture. It's fun watching these old classics.
by sixtyforty
Sun Apr 26, 2020 7:24 am
Forum: Personal Investments
Topic: I love Wellesley Income but would it get killed with rising rates? Would it be very bad to own in the 12% bracket?
Replies: 16
Views: 2499

Re: I love Wellesley Income but would it get killed with rising rates? Would it be very bad to own in the 12% bracket?

We have a big chunk of Wellesley. I share the same concern with rising interest rates and a 60% allocation to bonds. My view is the fund has been around since 1970 and I'm banking on the fund managers being better at selecting fixed income that owning an outright bond index. I may be wrong though. C...
by sixtyforty
Fri Apr 24, 2020 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire?
Replies: 32
Views: 2865

Re: Can I retire?

When faced with this decision, I like running the numbers; https://firecalc.com/

More choices:
https://www.bogleheads.org/wiki/Retirem ... d_spending
by sixtyforty
Fri Apr 24, 2020 7:03 am
Forum: Investing - Theory, News & General
Topic: [Jim Cramer] "Stop Buying Index Funds"
Replies: 37
Views: 6141

Re: [Jim Cramer] "Stop Buying Index Funds"

I think this board knows where Cramer stands. It's unfortunate for those across the US that do watch his show and act on his advice. A few excerpts from Wiki on Jim Cramer; On October 6, 2008, on Today, when the S&P 500 Index was valued at 1,056, Cramer suggested to investors, "Whatever money you ne...
by sixtyforty
Wed Apr 22, 2020 4:55 pm
Forum: Personal Investments
Topic: Active trading strategy using SPY
Replies: 21
Views: 749

Re: Active trading strategy using SPY

I will not disclose a sophisticated strategy on a public forum. Why did you post anything? To let bogleheads know that there are some good active trading strategies. I am announcing to the public that I am not just a buy and hold investor. I may update this thread with performance results. Move on....
by sixtyforty
Thu Apr 16, 2020 5:51 am
Forum: Investing - Theory, News & General
Topic: Investor says Stock Market Gains will only be 2% a year next 20 years
Replies: 110
Views: 10054

Re: Investor says Stock Market Gains will only be 2% a year next 20 years

I hope to see more and more "experts" predict lower returns ahead. I take it as a bullish sign.
by sixtyforty
Wed Apr 15, 2020 7:11 pm
Forum: Investing - Theory, News & General
Topic: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate
Replies: 622
Views: 32004

Re: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate

In this example, at 35 years with 60/40 has a success rate of 68.94%. If you change the allocation to 80/20, the success rate only increases to 74.2% Increasing equity in this example, doesn't appear to be the answer. A variable withdrawal strategy would definitely be needed under these conditions.
by sixtyforty
Wed Apr 15, 2020 5:37 am
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 297
Views: 18561

Re: So what are you cooking

Home made Lentil Soup with Ditalini. Topped with EVOO and Pecorino Romano.
by sixtyforty
Sun Apr 12, 2020 2:35 pm
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 297
Views: 18561

Re: So what are you cooking

livesoft wrote:
Sun Apr 12, 2020 9:35 am
Yesterday, I baked the DoubleTree chocolate chip cookies. They forced me to set up my indoor bike trainer to try to work the weight off that I am going to gain.
Image
I can relate. Saw that recipe yesterday and was tempted to try it. How did they turn out ?
by sixtyforty
Sat Apr 11, 2020 5:27 am
Forum: Personal Investments
Topic: Are 60/40 stock/bond portfolios doing fine?
Replies: 16
Views: 2418

Re: Are 60/40 stock/bond portfolios doing fine?

I've always liked 60/40 (as you can see). It's a solid allocation. However, during retirement while withdrawing from one's portfolio, I'm starting to see the advantage of a 40/60 or 30/70.
by sixtyforty
Sun Apr 05, 2020 8:32 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 505
Views: 18362

Re: Bird watchers – what birds are you seeing?

We had a Turkey casually walk by our backyard yesterday. They're huge.
by sixtyforty
Sat Apr 04, 2020 7:46 am
Forum: Personal Consumer Issues
Topic: Online / Gun Dealer Recommendations
Replies: 101
Views: 9002

Re: Online / Gun Dealer Recommendations

If you aren’t going to carry concealed, consider a full size pistol rather than a compact (ie, glock 17 rather than 19). This. Buy a Glock 17 then if you want to conceal buy a Glock 26 after. Then buy a 19 just because and stock up on 17 mags that work in all three guns. Then buy a 43 for the times...
by sixtyforty
Sat Apr 04, 2020 7:37 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1952
Views: 211859

Re: [What TV Show Have You Recently Watched?]

Ozark Season 3. Intense. Incredible acting. Get the Emmys ready.
by sixtyforty
Sat Apr 04, 2020 7:26 am
Forum: Personal Consumer Issues
Topic: How are you exercising with gym closures
Replies: 111
Views: 5999

Re: How are you exercising with gym closures

Mountain biking. Was never into gyms. We are fortunate to have a great outdoors here. So far they haven't closed the trails or open spaces as long as everyone maintains a physical distance.
by sixtyforty
Sat Apr 04, 2020 7:20 am
Forum: Personal Consumer Issues
Topic: What are you doing for haircuts due to coronavirus shutdown?
Replies: 254
Views: 20773

Re: What are you doing for haircuts due to coronavirus shutdown?

My DW has been cutting my hair for the past 10 years. She's really good.
by sixtyforty
Thu Apr 02, 2020 6:41 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 329
Views: 24508

Re: Are you still going to the grocery store or using a delivery service? Which?

We finally got a pickup slot from our Local Grocery store for this Tuesday. First time we've ever done this. As everyone else has stated, keep your list updated and just refresh, especially early in the morning. We had our grocery list at three different stores and just picked the one that came avai...
by sixtyforty
Sat Mar 28, 2020 6:24 pm
Forum: Investing - Theory, News & General
Topic: Is the 2 Fund Portfolio the new "3 Fund portfolio"?
Replies: 59
Views: 4600

Re: Is the 2 Fund Portfolio the new "3 Fund portfolio"?

I follow Bogle's philosophy. Two funds, US only I believe he stated that many of the large cap companies already have exposure to International. I don't believe he had any international in his portfolio.