Search found 234 matches

by sixtyforty
Tue Jan 15, 2019 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: My Withdrawal Strategy - Poke holes in it
Replies: 13
Views: 1168

Re: My Withdrawal Strategy - Poke holes in it

If you really mean to take sometimes more and sometimes less but never more than 4% of initial portfolio value and not adjusted for inflation, then that is probably as good a starting point as any. Over time things always happen that change what we decide to do. One concern is that I think you are ...
by sixtyforty
Tue Jan 15, 2019 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: My Withdrawal Strategy - Poke holes in it
Replies: 13
Views: 1168

Re: My Withdrawal Strategy - Poke holes in it

I'm looking at a 45 year horizon or more for retirement and looking for feedback on my overall strategy. My overall plan: - I plan on taking no more than 4% from my portfolio each year. At this point, I don't plan on adjusting for Inflation each year. We'll see. - My order of tapping the accounts (...
by sixtyforty
Tue Jan 15, 2019 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: My Withdrawal Strategy - Poke holes in it
Replies: 13
Views: 1168

Re: My Withdrawal Strategy - Poke holes in it

You can convert tax deferred to Roth and realize capital gains without withdrawing. Make sure you take advantage of space in your lower tax brackets to the fullest extent possible. At this point, I don't see an advantage to doing conversions from tax deferred to Roth. We already have one Roth setup...
by sixtyforty
Tue Jan 15, 2019 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: My Withdrawal Strategy - Poke holes in it
Replies: 13
Views: 1168

Re: My Withdrawal Strategy - Poke holes in it

You can convert tax deferred to Roth and realize capital gains without withdrawing. Make sure you take advantage of space in your lower tax brackets to the fullest extent possible. At this point, I don't see an advantage to doing conversions from tax deferred to Roth. We already have one Roth setup...
by sixtyforty
Tue Jan 15, 2019 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: My Withdrawal Strategy - Poke holes in it
Replies: 13
Views: 1168

Re: My Withdrawal Strategy - Poke holes in it

I'm looking at a 45 year horizon or more for retirement and looking for feedback on my overall strategy. My overall plan: - I plan on taking no more than 4% from my portfolio each year. At this point, I don't plan on adjusting for Inflation each year. We'll see. - A checking account where I keep a ...
by sixtyforty
Tue Jan 15, 2019 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: My Withdrawal Strategy - Poke holes in it
Replies: 13
Views: 1168

My Withdrawal Strategy - Poke holes in it

I'm looking at a 45 year horizon or more for retirement and looking for feedback on my overall strategy. My overall plan: - I plan on taking no more than 4% from my portfolio each year. At this point, I don't plan on adjusting for Inflation each year. We'll see. - A checking account where I keep a c...
by sixtyforty
Sat Jan 12, 2019 2:02 pm
Forum: Investing - Theory, News & General
Topic: Schwab SWSXX going away
Replies: 37
Views: 2587

Re: Schwab SWSXX going away

Schwab moved the sweep accounts in both of our accounts to Schwab Bank sometime last year.. I'm now using Schwab Value Advantage MM (SWVXX) which is a purchase MM account not a sweep account so it takes an extra day to "settle" sometimes. That's not an issue in our taxable account because it is a m...
by sixtyforty
Sat Jan 12, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12534

Re: Recommendations for a 9mm handgun

EPWorrell wrote:
Tue Jan 08, 2019 8:33 am
Never owned or used a gun before but thinking about purchasing one. After a little research I am thinking a 9mm might be the best handgun for a beginner like me. Can anyone recommend a particular brand/model?

Thanks
Do you plan on getting your CCP (Concealed Carry Permit) ?
by sixtyforty
Sat Jan 12, 2019 12:25 pm
Forum: Investing - Theory, News & General
Topic: Schwab SWSXX going away
Replies: 37
Views: 2587

Schwab SWSXX going away

FYI: For those of you that have Schwab accounts and might not be aware; SWSXX which was the default cash sweep feature, earning around 2.0% is being liquidated across all accounts over time and moved to a bank sweep fund earning 0.33%. Below is the email I got from Schwab after discussing this with ...
by sixtyforty
Thu Jan 10, 2019 11:07 am
Forum: Investing - Theory, News & General
Topic: Larry's new book The Complete Guide to a Successful & Secure Retirement
Replies: 7
Views: 1607

Re: Larry's new book The Complete Guide to a Successful & Secure Retirement

Finished reading it last night. I would definitely recommend it although it's geared more toward retirees. It is at a level that most people that have somewhat of an interest in personal finance will have no trouble with the concepts. I always had hoped that Larry would write an advanced book on pa...
by sixtyforty
Wed Jan 02, 2019 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab to Vanguard ?
Replies: 32
Views: 2153

Re: Schwab to Vanguard ?

One negative about Schwab with respect to Vanguard ... Vanguard's Prime Money Market fund is now paying well north of 2%. Schwab's SWSXX, the best for which I seem to qualify, is a bit shy of 2%. Worse, though excess cash used to get automatically invested into it, that is no longer the case; now i...
by sixtyforty
Tue Jan 01, 2019 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab to Vanguard ?
Replies: 32
Views: 2153

Re: Schwab to Vanguard ?

It makes no sense to pay fees to buy Vanguard funds at Schwab, better to buy at Vanguard. But for Vanguard's big index funds there are close equivalents at Schwab, sometimes with a tiny bit lower cost. I find Schwab better than Vanguard in customer service and IT but YMMV. I was unable to find an e...
by sixtyforty
Tue Jan 01, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab to Vanguard ?
Replies: 32
Views: 2153

Re: Schwab to Vanguard ?

Thanks for all the great feedback. After thinking though this a bit more, I might just stay with Schwab for now.
by sixtyforty
Tue Jan 01, 2019 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab to Vanguard ?
Replies: 32
Views: 2153

Re: Schwab to Vanguard ?

It makes no sense to pay fees to buy Vanguard funds at Schwab, better to buy at Vanguard. But for Vanguard's big index funds there are close equivalents at Schwab, sometimes with a tiny bit lower cost. I find Schwab better than Vanguard in customer service and IT but YMMV. I was unable to find an e...
by sixtyforty
Tue Jan 01, 2019 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Schwab to Vanguard ?
Replies: 32
Views: 2153

Re: Schwab to Vanguard ?

It makes no sense to pay fees to buy Vanguard funds at Schwab, better to buy at Vanguard. But for Vanguard's big index funds there are close equivalents at Schwab, sometimes with a tiny bit lower cost. I find Schwab better than Vanguard in customer service and IT but YMMV. I was unable to find an e...
by sixtyforty
Tue Jan 01, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Schwab to Vanguard ?
Replies: 32
Views: 2153

Schwab to Vanguard ?

I'm looking at moving my account from Schwab to Vanguard. I'm making the change to avoid the transaction fees associated with the Vanguard funds at Schwab. Has anyone made this switch and are happy with it ? Did it take long to move the account ?
by sixtyforty
Thu Dec 27, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: As of 12/26, should I be in cash?
Replies: 17
Views: 3591

Re: As of 12/26, should I be in cash?

I'm familiar with IBD and CANSLIM. The method they use for determining when to get out and get back in, can end up whipsawing you with losses. If you are in individuals stocks, I would consider moving to cash. Then read up info here on investing in broad based indexes etc. A broad based index will e...
by sixtyforty
Fri Dec 21, 2018 9:12 am
Forum: Investing - Help with Personal Investments
Topic: vtmfx, vwelx, vbiax - after tax returns
Replies: 2
Views: 300

vtmfx, vwelx, vbiax - after tax returns

I was looking at investing in vtmfx in my taxable account, since my understanding is that this fund is supposed to be more tax efficient compared to vwelx and vbiax. However when I look at the after-tax returns on these funds, vwelx and vbiax seem to be higher than vtmfx over most years. Yes, there ...
by sixtyforty
Mon Dec 17, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Withdrawal with VWELX ?
Replies: 4
Views: 325

Re: Portfolio Withdrawal with VWELX ?

Are you saying you are going to hold only VWELX (wellinngton) as your only investment in both taxable or tax free? That is not good idea but it is simple. In a taxable account holding VWELX gives you taxable dividends income and cap gains taxes almost every year. Plus Wellington has only large caps...
by sixtyforty
Mon Dec 17, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Withdrawal with VWELX ?
Replies: 4
Views: 325

Portfolio Withdrawal with VWELX ?

We have multiple accounts with varying investments in some mutual funds including a good portion in VTI and BND. We have an allocation of cash, bonds and stocks. When I run all the retirement models I know they work pretty well with 4% or under with a 60/40 allocation. Problem is, knowing which acco...
by sixtyforty
Fri Dec 14, 2018 10:32 am
Forum: Personal Consumer Issues
Topic: Is expensive olive oil worth it?
Replies: 63
Views: 6928

Re: Is expensive olive oil worth it?

The OP mentioned Olive oil is one of their staple oils, then yes of course it's worth getting a quality oil. You don't want to pay for EVOO and get something that has been adulterated, or worse rancid. Some of the well known brand names in the grocery store didn't pass quality testing. It's a shame....
by sixtyforty
Mon Nov 19, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: The psychology of withdrawing from your portfolio
Replies: 58
Views: 5955

The psychology of withdrawing from your portfolio

We spend years saving and investing. This is counter to the thought of withdrawing a % from your portfolio when one retires. For those that have been retired, was it difficult mentally to start withdrawing from your portfolio ? How did you overcome it ?
by sixtyforty
Mon Oct 22, 2018 3:32 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 226
Views: 19789

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

I have been retired for 11+ years (73 yo), and the variation on this method I use and really like to to take a monthly withdrawal of 0.5% of the current portfolio value. If you go back and look at the updated Trinity study, a non-inflation adjusted withdrawal of 6% is 30 year safe 93 to 98% of the ...
by sixtyforty
Mon Oct 08, 2018 8:49 am
Forum: Investing - Theory, News & General
Topic: Why not a 2 fund portfolio like Bogle suggests
Replies: 79
Views: 14315

Re: Why not a 2 fund portfolio like Bogle suggests

I do a two fund portfolio. I think the US has enough international exposure. Don''t feel the need to have a separate fund for it.
by sixtyforty
Mon Oct 08, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: LTHC Insurance ??
Replies: 10
Views: 839

LTHC Insurance ??

I'm just now starting to look at LTHC insurance but have no clue on which companies or overages to look at. Are there any specific companies I should look at and specific coverages ? Is there a particular age they recommend to start it at ? I would also like to hear from people that chose not to get...
by sixtyforty
Fri Sep 07, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: How do you handle Healthcare costs in retirement
Replies: 31
Views: 2733

Re: How do you handle Healthcare costs in retirement

Thanks everyone. Incredibly helpful.
by sixtyforty
Thu Sep 06, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: How do you handle Healthcare costs in retirement
Replies: 31
Views: 2733

How do you handle Healthcare costs in retirement

I'm curious on how others on this board are handling healthcare costs in retirement. Specifically two questions; (1) For those on Medicare, do you find you need supplemental insurance and is it expensive ? (2) For those retiring earlier than 65 , not on medicare but possibly enrolling in ACA, do you...
by sixtyforty
Tue Aug 21, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: Timing your withdrawals
Replies: 40
Views: 3936

Re: Retirees: Timing your withdrawals

I withdraw quarterly, taking out 3x my monthly budget from investments to checking account. The first withdraw of a new year I count the excess left in checking from the prior year and make a smaller withdraw for that quarter. This is what I do as well. I thought about withdrawing yearly but it's a...
by sixtyforty
Thu Jul 05, 2018 3:38 pm
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 82
Views: 5237

Re: bike helmets

Replace the helmet. Go with a MIPS system. Make sure it fits good. I'm an avid mountain biker and have crashed too many times. Don't go cheap.
by sixtyforty
Fri Jun 01, 2018 8:46 am
Forum: Personal Consumer Issues
Topic: Instant oatmeal vs "regular" oatmeal
Replies: 88
Views: 12311

Re: Instant oatmeal vs "regular" oatmeal

I like the Coach's Oats. Similar to steel cut oats but only take about 4 min to cook in the microwave. I add a of TBLS of maple syrup.
by sixtyforty
Thu May 31, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Instant pot pressure cooker
Replies: 50
Views: 7061

Re: Instant pot pressure cooker

Looking at getting one of these as well, so this post is timely. We make a lot of soups (mostly veggies etc) , some which can take to 3 hours on the stove. Is the IP good for soups ? Cooks much quicker ?
by sixtyforty
Wed May 16, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: New motorcycle rider
Replies: 106
Views: 5941

Re: New motorcycle rider

I've owned two motorcycles in my younger days and learned a lot. It was definitely fun but as everyone points out just be very careful. I'll pass on some of the things I've learned; - Wear a really good helmet at all times, shoes/boots etc. - Take a safety course - Learn to handle the bike at very l...
by sixtyforty
Thu May 10, 2018 10:49 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1024
Views: 109532

Re: Netflix, Your Current Favorite Show

We just finished Babylon Berlin. Really good. If you don't mind subtitles, watch it in german for the full effect.
by sixtyforty
Wed May 09, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Build a retaining wall ?
Replies: 19
Views: 1816

Re: Build a retaining wall ?

Thanks for the feedback. I agree our situation is not that simple. I'm going to get a couple of landscaping companies to come out and give us some ideas along with estimates.
by sixtyforty
Tue May 08, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: Build a retaining wall ?
Replies: 19
Views: 1816

Build a retaining wall ?

I'm looking to build a retaining wall at the corner of our house. It has a pretty good slope to it and the rain gutter empties there. I've looked at some youtube videos but honestly man of them appear to use special equipment etc. Any of you have any links or sources on how to just build a simple re...
by sixtyforty
Wed May 02, 2018 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Just use VWINX ?
Replies: 5
Views: 1319

Re: Just use VWINX ?

Wellesley is not tax efficient in a taxable account. The expense ratio is higher, even with all Admiral shares. Costs matter over 30+years. Wellesley only has 73 stocks and just over 1,000 bonds. Much less diversified than Total US (3,600 stocks) and Total US Bond (~9,500 bonds). Wellesley has no i...
by sixtyforty
Wed May 02, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Just use VWINX ?
Replies: 5
Views: 1319

Just use VWINX ?

I'm looking at retirement and just wondering if having one simple fund that delivers consistent returns and minimizes drawdowns in bear markets might be simpler than having two or three funds. When I say "simpler", I mean the ability to sell shares and not having to worry about rebalancing. Currentl...
by sixtyforty
Thu Apr 19, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for ACA ? [Colorado]
Replies: 17
Views: 1821

Applying for ACA ? [Colorado]

Getting ready to apply for ACA - Colorado. For those that have gone through this process (or know alot about it), is there anything I should be aware of ? Any suggestions/tips ? Did any of you go through a broker/agent ?
by sixtyforty
Sat Apr 14, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: Retirement Mechanics
Replies: 13
Views: 1990

Re: Retirement Mechanics

Hoping to retire soon and I would like to know how others handle the following: 1. How often do you take your withdrawal (Beginning of year, End of year, monthly, quarterly, every two weeks, other)? 2. For the next years withdrawal, do you really increase it by COLA, use the same withdrawal as prev...
by sixtyforty
Wed Mar 28, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: When to Take Social Security (again...)
Replies: 62
Views: 6611

Re: When to Take Social Security (again...)

I'm investigating this question as well. What I determined, at least for now, is I will evaluate at 62 whether SS will add to the quality of life or not. If so I'll take it. If not, I'll re-evaluate again at 63 and each year after if necessary. It doesn't have to be a no at 62, thereby implying you ...
by sixtyforty
Fri Mar 23, 2018 6:58 am
Forum: Personal Consumer Issues
Topic: Xfinity Mobile ?
Replies: 19
Views: 2476

Re: Xfinity Mobile ?

pablolo wrote:
Wed Mar 21, 2018 2:49 pm
Is this a two year contract and is it an unlocked phone
No contract. Unlocked phone.
by sixtyforty
Sun Mar 18, 2018 1:12 pm
Forum: Personal Consumer Issues
Topic: Xfinity Mobile ?
Replies: 19
Views: 2476

Re: Xfinity Mobile ?

We did in fact switch from AT&T to Xfinity Mobile. It's only been a couple of months but costs have been reduced by about 35%. We get better coverage, at least in our area, and new phones. The promo on the iPhones at the time was $200 prepaid Visa card. The Xfinity hotspots work pretty well too. So ...
by sixtyforty
Fri Mar 16, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Do I have enough saved to pull the trigger now? Or wait 1? 3? years?
Replies: 52
Views: 8323

Re: Do I have enough saved to pull the trigger now? Or wait 1? 3? years?

I just recently went through exercise myself to answer the same question. This is what I did, which is basically what most of the posts recommend; 1. Calculate your expenses over the last two or three years, if you can. Include any HC costs. If you don't know what that is, go to your state sponsored...
by sixtyforty
Sun Mar 11, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Bike tires won't inflate
Replies: 8
Views: 1081

Re: Bike tires won't inflate

I have a very strange problem I've never had before. I cannot inflate my bike tires. When I put my air compressor on the tires to get ready to pump, it just lets all the air out. The tires are now relatively flat. The odd thing is that I had just pumped up another bike of mine before this. And now ...
by sixtyforty
Fri Mar 09, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Ok fellow bogleheads, was the correction scary or nothing?
Replies: 147
Views: 12328

Re: Ok fellow bogleheads, was the correction scary or nothing?

The market has a very interesting way, insidious actually, of dulling everyone's senses.. without them ever knowing it. This volatility, which I suspect will continue, just ends up conditioning everyone. When the market eventually decides to enter a bear market, it will do so when everyone leasts ex...
by sixtyforty
Fri Mar 09, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: VWINX in a lazy portfolio? [Vanguard Wellesley Income]
Replies: 9
Views: 2141

Re: VWINX in a lazy portfolio? [Vanguard Wellesley Income]

40% Total Stock Market 20% REIT 20% Wellesley 20% Total World Market Rather than make it complicated by allocating out to various bonds, TIPs, etc., I have allocated 20% to the Wellesley Income fund. Comments or suggestions welcomed and thank you in advance. You might consider using portfoliovisual...
by sixtyforty
Wed Mar 07, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Withdrawal & Allocation
Replies: 6
Views: 589

Re: Withdrawal & Allocation

14% allocation to cash overall seems a bit high. But to get good advice on your allocation you should give much more information. There is also much confusion about what constitutes "cash". There is often a liquidity vs safety confusion. In most cases all your investments are pretty liquid e.g. you...
by sixtyforty
Wed Mar 07, 2018 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Withdrawal & Allocation
Replies: 6
Views: 589

Re: Withdrawal & Allocation

I keep zero cash around. OK, usually enough to pay the bills for the next 2 weeks. I sell things to pay bills if I don't have enough cash from dividends, gigs, etc. And it doesn't affect my overall asset allocation. BTW, asking about cash is a Frequently Asked Question. I always enjoy telling folks...
by sixtyforty
Tue Mar 06, 2018 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Withdrawal & Allocation
Replies: 6
Views: 589

Withdrawal & Allocation

Have a couple of questions on withdrawing and allocation, prior to retirement. In looking at our portfolio our taxable accounts are 47% cash, 14% bonds and 38% Stocks. If I included all the retirement accounts then the cash allocation drops to 14%. (1) Since the 47% cash yields about 5.5 years of li...
by sixtyforty
Tue Mar 06, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: Colorado Summer Vacation - what to see and where to stay
Replies: 65
Views: 5553

Re: Colorado Summer Vacation - what to see and where to stay

I would definitely include Estes Park, RMNP and a ride up Trail Ridge road for sure. Just understand that summer is a very busy time in Colorado.