Search found 365 matches

by sixtyforty
Wed Dec 04, 2019 5:31 am
Forum: Personal Investments
Topic: Sequence of Returns Risk - Mitigation/Management
Replies: 29
Views: 2118

Re: Sequence of Returns Risk - Mitigation/Management

Aside from what has already been mentioned, the tool below opened my eyes on how asset allocation can affect your portfolio by forcing a sequence of returns at the beginning of retirement. In these Monte-Carlo simulations, higher stock allocations didn't do real well. https://www.portfoliovisualizer...
by sixtyforty
Wed Dec 04, 2019 5:06 am
Forum: Investing - Theory, News & General
Topic: Dividend Investing?
Replies: 52
Views: 4554

Re: Dividend Investing?

Would this be so for me ? I am retired here in the US from a foreign country so never worked in the US so all my income can only be in a taxable account. All my dividends from VHYAX are qualified and total more than enough for me to live on. I am happy to salt away any excess in a MM account. I fin...
by sixtyforty
Tue Nov 26, 2019 10:41 am
Forum: Personal Finance (Not Investing)
Topic: What's your FIRECALC number?
Replies: 58
Views: 7800

Re: What's your FIRECALC number?

I'm good with about 90+%. DW wants 100%.
by sixtyforty
Mon Nov 25, 2019 4:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 248
Views: 78945

Re: Vanguard's Wellesley Income fund is incredible

We have a good portion in Wellesley. I like it because it seems to do well during corrections /bear markets (at least historically) but also participates to some extent during bull markets. Obviously, it will never match VTI or other funds heavily weighted toward stocks during a strong bull run but ...
by sixtyforty
Sun Nov 24, 2019 10:23 am
Forum: Personal Investments
Topic: Retirement planning book
Replies: 12
Views: 826

Re: Retirement planning book

I found the book "How Much can I spend in retirement" by Wade Pfau helpful.
by sixtyforty
Tue Nov 12, 2019 1:11 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4855
Views: 1260823

Re: What Movie Have You Recently Watched?

The Game Changers on Netflix. Very good. Watching that guy lift that car was mind boggling !!
by sixtyforty
Wed Oct 30, 2019 7:18 am
Forum: Personal Consumer Issues
Topic: New Computer with or without SSD?
Replies: 78
Views: 4393

Re: New Computer with or without SSD?

SSD all the way. It's faster with quicker bootup, quiet and doesn't heat up. Less moving parts to break when transporting.
by sixtyforty
Fri Oct 25, 2019 8:26 am
Forum: Personal Consumer Issues
Topic: Anybody use a battery-powered snowblower?
Replies: 33
Views: 1810

Re: Anybody use a battery-powered snowblower?

I've got the EGO blower here in Colorado. Overall it does a good job. I've never run low on battery power and have a 3 car port and long sidewalk. The big downside is that it won't "pull" itself along...you have to push it. Not a big deal if your area is flat. In contrast, once the auger of my gas p...
by sixtyforty
Tue Oct 15, 2019 8:47 am
Forum: Personal Investments
Topic: Withdrawal Plan. McClung or Allocation Bands?
Replies: 47
Views: 3468

Re: Withdrawal Plan. McClung or Allocation Bands?

I read Mclungs book and IMO it feels a bit like data mining, even though he states in the beginning of the book he tries to avoid it.
by sixtyforty
Fri Oct 11, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: What’s the proper way to pay yourself in retirement?
Replies: 66
Views: 8503

Re: What’s the proper way to pay yourself in retirement?

Most of our money is in Vanguard in Vanguard funds. Unlike most here, I re-invest the dividends and have an auto sell of a preset amount each month with a transfer into the checking account. It's nice because the "paycheck" shows up each month. Have very little cash, with about 50/50 allocation in b...
by sixtyforty
Tue Oct 01, 2019 6:58 am
Forum: Personal Investments
Topic: Retirees - do you hold extra cash for a bear market?
Replies: 93
Views: 9917

Re: Retirees - do you hold extra cash for a bear market?

Hold very little cash. Withdrawing monthly to pay bills from a balanced fund. The fund is set at 35/65, which should last 7+ years with an average 1.5% real return. It's held up okay in past bear markets. Accounts I'm not withdrawing from are set at 60/40.
by sixtyforty
Sun Sep 29, 2019 6:22 am
Forum: Personal Investments
Topic: Retirees - do you hold extra cash for a bear market?
Replies: 93
Views: 9917

Re: Retirees - do you hold extra cash for a bear market?

(21 years living off of investments and SS) In the 2008-09 recession I learned a lesson. At the time, I was having to sell reduced value stock containing funds to meet expenses to go along with my SS. That hurt. ....) If I may ask, what was your overall allocation during the down turn ? Did you own...
by sixtyforty
Fri Sep 20, 2019 9:21 am
Forum: Personal Investments
Topic: Withdrawal Approach
Replies: 29
Views: 2466

Re: Withdrawal Approach

I have recently switched from a cash bucket to fully invested about 50/50. I do auto sell monthly which deposits into my bank account. I came to the realization that I don't think the cash buckets whether 1 year, 2 or 3 years really makes any sense. My reasoning is... If I have 1 year of cash and I'...
by sixtyforty
Wed Sep 18, 2019 7:29 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1570
Views: 170168

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

Have two episodes left of Unbelievable on Netflix. True story. Incredibly well done. Hard not to binge watch the whole thing.
by sixtyforty
Wed Sep 11, 2019 4:38 pm
Forum: Investing - Theory, News & General
Topic: Day Trading for a Living?
Replies: 44
Views: 4147

Re: Day Trading for a Living?

Many years ago when I was interested in trading, I joined a trading competition where they gave you like $100K as starting capital (no real money was used) and three months time limit. As luck would have it, I got busy with my regular job and for two months forgot about it, not making any trades or ...
by sixtyforty
Thu Sep 05, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Kitces: The Problem with FIREing at 4% and the Need for Flexible Spending Rules
Replies: 274
Views: 21581

Re: Kitces: The Problem with FIREing at 4% and the Need for Flexible Spending Rules

I haven't found the Kitces ratchet to be an effective withdrawal strategy, at least through my testing and research. Using the tool below, one can compare different strategies, albeit data only goes back to 1970. In any case, my thought is if the strategy fails in this time period it would have no c...
by sixtyforty
Mon Sep 02, 2019 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Pay off house before retirement or have available cash?
Replies: 84
Views: 7130

Re: Pay off house before retirement or have available cash?

I've evaluated this question for our situation as well... and still do. Below are a few things I've looked into. Haven't paid ours off yet, but our mortgage is only about 7% of our liquid net worth. 1/3 Guideline - If you can pay off your mortgage using 1/3 or less of your "non-retirement" savings ...
by sixtyforty
Mon Sep 02, 2019 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Pay off house before retirement or have available cash?
Replies: 84
Views: 7130

Re: Pay off house before retirement or have available cash?

I've evaluated this question for our situation as well... and still do. Below are a few things I've looked into. Haven't paid ours off yet, but our mortgage is only about 7% of our liquid net worth. 1/3 Guideline - If you can pay off your mortgage using 1/3 or less of your "non-retirement" savings c...
by sixtyforty
Sun Sep 01, 2019 4:57 am
Forum: Personal Investments
Topic: Timing a Down Market
Replies: 28
Views: 3474

Re: Timing a Down Market

by sixtyforty
Sun Aug 18, 2019 2:07 pm
Forum: Investing - Theory, News & General
Topic: Balanced Index and Wellesley Admiral
Replies: 11
Views: 1766

Re: Balanced Index and Wellesley Admiral

I use both as well.
by sixtyforty
Mon Aug 12, 2019 6:26 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 17494

Re: Wellesley 56.05% drop today

dalbright wrote:
Mon Aug 12, 2019 6:16 pm
Fixed now FWIW. Up .04%
Where did you see it was fixed ? I login to Vanguard and it still shows down -56%.
by sixtyforty
Thu Aug 01, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 329
Views: 29249

Re: Social Security -- Take it at 62, 67 or 70

Seems like the absence or occurrence of a bear market early in retirement might affect the decision on taking SS. If one retires at 62, but plans on taking SS at 67 and a bear market hits at 63, taking SS at 63 may reduce the bad sequence of returns on a portfolio, which as we have all seen can sign...
by sixtyforty
Sat Jul 27, 2019 6:50 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4855
Views: 1260823

Re: What Movie Have You Recently Watched?

Just saw "Once upon a time... in Hollywood". Acting was excellent. I'll be surprised if Brad Pitt doesn't win best supporting actor and Leonardo DiCaprio Best Actor. It's Definitely a Tarantino film.
by sixtyforty
Sat Jul 27, 2019 2:43 pm
Forum: Personal Consumer Issues
Topic: RESOLVED: Non-lethal alternatives to firearms to defend against home invasions in Florida
Replies: 113
Views: 6973

Re: Non-lethal alternatives to firearms to defend against home invasions in Florida

Fox Pepper spray is very effective. Our local police dept uses it and I've tested it. Just a small hint of the stuff will have you gagging. https://www.amazon.com/gp/product/B008VOS3C4/ref=ox_sc_act_title_1?smid=A351W7BN485MFS&psc=1 There are plenty of videos on YouTube of grown men on their knees w...
by sixtyforty
Sat Jul 27, 2019 10:47 am
Forum: Personal Investments
Topic: What to do in a crash
Replies: 65
Views: 7328

Re: What to do in a crash

So I understand that I am in it for 15 years and you lose by selling in a correction or crash. So, in a crash, what do you do? What are the temptations and thought proccess s that occur and what are the mistakes commonly made? It seems straightforward. Don’t sell no matter what. The two most import...
by sixtyforty
Sat Jul 27, 2019 8:51 am
Forum: Investing - Theory, News & General
Topic: Roth Conversions
Replies: 23
Views: 2103

Re: Roth Conversions

This is a great post for understanding the Roth rules. I find the kawill table at the end of the thread very useful as it minimizes thinking (can be dangerous :happy ) The items in each group are listed in the order of the Roth ordering rules for withdrawals: contributions first, then conversions i...
by sixtyforty
Sat Jul 27, 2019 8:46 am
Forum: Investing - Theory, News & General
Topic: Roth Conversions
Replies: 23
Views: 2103

Re: Roth Conversions

retiredjg wrote:
Fri Jul 26, 2019 2:06 pm
I don't feel like we are helping you with what you really want. If you could give us more information, it might be easier to show you how it works.
Yes. It helped. Thanks.
by sixtyforty
Fri Jul 26, 2019 1:44 pm
Forum: Investing - Theory, News & General
Topic: Roth Conversions
Replies: 23
Views: 2103

Re: Roth Conversions

That's good advice. So a first time Roth account just needs to be open for 5 years. After that, any conversion would be qualified and does not have a 5 year rule. No. :( A conversion cannot be qualified or not qualified. A conversion is just a conversion. And yes, there is a 5 year clock attached t...
by sixtyforty
Fri Jul 26, 2019 12:47 pm
Forum: Personal Investments
Topic: Withdrawals During Retirement - Yearly, Quarterly, Monthly?
Replies: 51
Views: 7622

Re: Withdrawals During Retirement - Yearly, Quarterly, Monthly?

I've pondered this same question. Currently, I have a MM I withdraw from monthly to pay expenses and withdraw quarterly from investments to replenish the MM. I am most likely going to change this and invest the MM and then just withdraw monthly from my investments. I use balanced funds so I don't ne...
by sixtyforty
Fri Jul 26, 2019 9:41 am
Forum: Personal Investments
Topic: 60/40 Portfolio Rebalance During Recessions/Down Market
Replies: 15
Views: 1828

Re: 60/40 Portfolio Rebalance During Recessions/Down Market

If you like 60/40 allocation you might just consider a 60/40 balanced fund like VBIAX. No re-balancing needed.
by sixtyforty
Fri Jul 26, 2019 9:26 am
Forum: Investing - Theory, News & General
Topic: Roth Conversions
Replies: 23
Views: 2103

Re: Roth Conversions

Roth conversion is subject to the 5 year rule, meaning you can't withdraw any funds without penalty until the 5 years is up. If I understand you correctly, let's say you do a Roth conversion at age 57,then the funds don't become fully qualified until age 61. If you then do another Roth conversion a...
by sixtyforty
Thu Jul 25, 2019 11:53 am
Forum: Investing - Theory, News & General
Topic: Roth Conversions
Replies: 23
Views: 2103

Re: Roth Conversions

Do I have this right ? Roth conversion before age 59 1/2 (or after age 59 1/2) will show as ordinary income on your tax return, and you will pay taxes based on your tax bracket Roth conversion is subject to the 5 year rule, meaning you can't withdraw any funds without penalty until the 5 years is u...
by sixtyforty
Thu Jul 25, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: Roth Conversions
Replies: 23
Views: 2103

Roth Conversions

Do I have this right ? Roth conversion before age 59 1/2 (or after age 59 1/2) will show as ordinary income on your tax return, and you will pay taxes based on your tax bracket Roth conversion is subject to the 5 year rule, meaning you can't withdraw any funds without penalty until the 5 years is up...
by sixtyforty
Mon Jul 22, 2019 6:48 pm
Forum: Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 99
Views: 21082

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

mikeyzito22 wrote:
Sun Jul 21, 2019 2:09 pm
sixtyforty wrote:
Sun Jul 21, 2019 8:19 am
I keep our remaining cash in VMMXX. Pretty good yield and it makes it easy for me to move the cash to our bank or into more funds within Vanguard etc.
What type of account? Taxable, 401, Roth? What KIND of account is the cash kept in and is it taxable?
Taxable.
by sixtyforty
Sun Jul 21, 2019 8:19 am
Forum: Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 99
Views: 21082

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

I keep our remaining cash in VMMXX. Pretty good yield and it makes it easy for me to move the cash to our bank or into more funds within Vanguard etc.
by sixtyforty
Sat Jul 13, 2019 4:44 am
Forum: Investing - Theory, News & General
Topic: Retired: Do you withdraw from investments or cash ?
Replies: 74
Views: 9984

Re: Retired: Do you withdraw from investments or cash ?

I don't have any cash. When I need money, I click on a button to see my stock to bond ratio and pull money from the side I have "too much" of. For the last few years, that has been the stock side most of the time. In a stock market downturn, I'll be pulling from the bond side. I don't have to worry...
by sixtyforty
Fri Jul 12, 2019 8:29 am
Forum: Personal Consumer Issues
Topic: Should I Buy a Motorcycle?
Replies: 59
Views: 3412

Re: Should I Buy a Motorcycle?

My brother in law had the itch to buy his first motorcycle. After I talked with him on the skill needed to really be safe (I've owned 3 dirt bikes and 2 road bikes), he opted for a used convertible. Smart move. BTW, it's no fun riding a bike in traffic, nor going through intersections.
by sixtyforty
Thu Jul 11, 2019 7:34 pm
Forum: Investing - Theory, News & General
Topic: POST YOUR QUESTIONS FOR THE EXPERTS PANEL Q&A HERE
Replies: 84
Views: 14357

Re: POST YOUR QUESTIONS FOR THE EXPERTS PANEL Q&A HERE

For retirement.... What withdrawal strategy is recommended ? How does the withdrawal strategy work in a bear market ? Any changes to the portfolio allocation ?
by sixtyforty
Tue Jul 09, 2019 7:54 am
Forum: Personal Consumer Issues
Topic: Volunteer suggestions
Replies: 55
Views: 3292

Re: Volunteer suggestions

I'm a Volunteer Ranger. The process involved passing an interview for acceptance, then week long training along with CPR and first aid certification. I mainly patrol on a mountain bike in our natural areas and parks. It's been a lot of fun meeting people, educating etc. I'm always tickled when I hea...
by sixtyforty
Thu Jul 04, 2019 3:49 pm
Forum: Personal Investments
Topic: Vanguard Wellsley
Replies: 23
Views: 3938

Re: Vanguard Wellsley

I think it's a very good fund. We own it. I've put it up against other funds in PV and in most case shows higher sharpe ratios, less volatility for the returns generated. FYI: In case you were't aware, the admiral version of that fund (lower expenses) is VWIAX ($50K min).
by sixtyforty
Wed Jul 03, 2019 6:24 pm
Forum: Investing - Theory, News & General
Topic: Retired: Do you withdraw from investments or cash ?
Replies: 74
Views: 9984

Re: Retired: Do you withdraw from investments or cash ?

livesoft wrote:
Wed Jul 03, 2019 5:40 pm
Also in a bear market when your total market stock index funds drop, wouldn't you be buying more total market stock index fund shares?
Good point, but the majority of the portfolio is in VBIAX, VWELX and VWINX which is what I prefer. I don't plan on separating stocks and bonds.
by sixtyforty
Wed Jul 03, 2019 6:21 pm
Forum: Investing - Theory, News & General
Topic: Retired: Do you withdraw from investments or cash ?
Replies: 74
Views: 9984

Re: Retired: Do you withdraw from investments or cash ?

I have no cash until I withdraw from investments. My settlement fund has very little in it except for a short period of time. I am doing two things to generate the cash I need; selling shares of individual stocks, and/or directing index fund's and index ETF's dividends to settlement fund, then tran...
by sixtyforty
Wed Jul 03, 2019 2:00 pm
Forum: Investing - Theory, News & General
Topic: Retired: Do you withdraw from investments or cash ?
Replies: 74
Views: 9984

Retired: Do you withdraw from investments or cash ?

For those that are retired, how many of you are withdrawing from investments instead of cash (ie MM, savings, CD's etc) ? Up to this point I've been withdrawing from an allocation of cash (MM/CD's) monthly and then replenish the cash quarterly by selling investments. I'm beginning to wonder if I sho...
by sixtyforty
Mon Jul 01, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 22673

Re: Do you share your net worth with family members?

No. I don't think nothing good would come of it.
by sixtyforty
Tue Jun 25, 2019 1:47 pm
Forum: Investing - Theory, News & General
Topic: Firecalc why/when can you adjust your spending?
Replies: 12
Views: 1066

Re: Firecalc why/when can you adjust your spending?

If you are following some sort of variable withdrawal strategy then your spending will vary depending on market conditions. The other thing I plan on doing is just re-running the retirement calcs (i-orp, firecalc etc) at the beginning of each year.
by sixtyforty
Sun Jun 23, 2019 6:44 pm
Forum: Personal Investments
Topic: Vanguard Investments to VMFXX to Checking Account
Replies: 7
Views: 838

Re: Vanguard Investments to VMFXX to Checking Account

It's the approach I am looking at now. Will be moving funds from Ally to VMMXX, with auto transfer to checking. If rates drop, I can always move some back to Ally and get a longer term CD. I think simple is best... less moving parts.
by sixtyforty
Tue Jun 18, 2019 7:09 am
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 185
Views: 35228

Re: Why not add a "like" button to Boglehead posts?

Please don’t add a “like” button. And may we let this thread quietly disappear.
by sixtyforty
Wed Jun 12, 2019 8:57 am
Forum: Personal Investments
Topic: Jack Bogle: Vanguard Balanced Index is "Very Tax Efficient Fund"
Replies: 14
Views: 3681

Re: Jack Bogle: Vanguard Balanced Index is "Very Tax Efficient Fund"

I own VBIAX as well and like it. It's a set it and forget it fund. Below is a comparison of the after-tax returns of VBIAX (1st column) and VTMFX - Tax Managed Balanced fund (2nd column). It appears to be fairly tax efficient to me. Obviously it won't be as tax efficient as having bonds in tax defer...