Search found 181 matches

by ZumZabo
Mon Jan 18, 2021 8:04 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 218
Views: 32194

Re: Tributes to Jack Bogle

If we had a Mount Rushmore for investing Jack Bogle should be front and center.
by ZumZabo
Fri Nov 27, 2020 4:56 pm
Forum: US Chapters
Topic: Thank you Taylor!
Replies: 9
Views: 1558

Re: Thank you Taylor!

+1,000
A patriot, a gentleman and a truly good person who has spent countless hours over the years helping people simplify their lives and finances while asking for nothing in return.
by ZumZabo
Fri Aug 28, 2020 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Keeping ACA Subsidy with Roth Ladder retirement
Replies: 25
Views: 2000

Re: Keeping ACA Subsidy with Roth Ladder retirement

2. Standard deductions do not reduce ACA subsidy income Forgive me if I am reading this wrong but am I understanding that standard deductions do not effect income for subsidies? To be clear, my understanding is that ACA subsidy income is MAGA which is adjusted gross income plus the items that Flobe...
by ZumZabo
Fri Aug 28, 2020 6:18 am
Forum: Personal Finance (Not Investing)
Topic: Keeping ACA Subsidy with Roth Ladder retirement
Replies: 25
Views: 2000

Re: Keeping ACA Subsidy with Roth Ladder retirement

When figuring AGI one factors in standard deductions so the deductions do reduce ACA subsidy income no? No. I feel like I am missing something blindingly obvious. Am I? Unfortunately, yes. See lines 8b, 9, and 11b on https://www.irs.gov/pub/irs-pdf/f1040.pdf. AGI comes before the standard deduction...
by ZumZabo
Fri Aug 28, 2020 5:48 am
Forum: Personal Finance (Not Investing)
Topic: Keeping ACA Subsidy with Roth Ladder retirement
Replies: 25
Views: 2000

Re: Keeping ACA Subsidy with Roth Ladder retirement

2. Standard deductions do not reduce ACA subsidy income Forgive me if I am reading this wrong but am I understanding that standard deductions do not effect income for subsidies? To be clear, my understanding is that ACA subsidy income is MAGA which is adjusted gross income plus the items that Flobe...
by ZumZabo
Thu Aug 27, 2020 7:29 am
Forum: Investing - Theory, News & General
Topic: Why does Vanguard hide its phone number?
Replies: 52
Views: 5267

Re: Why does Vanguard hide its phone number?

It seems as if some of the OP’s problem may be with devices? Seems odd if correct user name and password are used that it would just stop there and not give or ask for more information. I’m sure it will get sorted out. The problem appeared to be a consequence of using the Vanguard security option t...
by ZumZabo
Thu Aug 27, 2020 4:32 am
Forum: Investing - Theory, News & General
Topic: Why does Vanguard hide its phone number?
Replies: 52
Views: 5267

Re: Why does Vanguard hide its phone number?

I don't understand the recent Vanguard customer service hate on this forum. I have only have to call them 3 or 4 times in the 7 years with them, probably because their website is so good. But each time I have they have been exceedingly helpful with top notch service. Agreed, I’ve been with Vanguard...
by ZumZabo
Mon Jul 27, 2020 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly losing health insurance. Experiences with ACA

My wife used the ACA for a number of years prior to her Medicare starting in August 2020. Several companies offered ACA in Wisconsin every year. She thinks the coverage was good. She chose the higher co-pays and lower premiums available in a bronze plan. Our income was high enough that we were not ...
by ZumZabo
Sun Jul 26, 2020 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly losing health insurance. Experiences with ACA

Thank you cactuscoug,
I would appreciate input about experiences from anyone who is using the ACA exchange in Florida as well.
by ZumZabo
Sat Jul 25, 2020 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly losing health insurance. Experiences with ACA

1. It really seems like the ACA is in peril of being dismantled and I am concerned about pre existing condition going away. Any thoughts? I am in good health but everyone has something by the age of 60 and I remember in the past, insurance companies wanting only the best risks an refusing the rest....
by ZumZabo
Sat Jul 25, 2020 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly losing health insurance. Experiences with ACA

I expect to be laid off and retire next year (in my late 50s so no Medicare either). My plan is to stay on COBRA to keep same plan, same doctors. ACA wont save me money, especially if I get severance pay 1st year, income will be too high for subsidies. Next year even if I can manage my income down,...
by ZumZabo
Fri Jul 24, 2020 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly losing health insurance. Experiences with ACA

We've been on the California exchange for the past couple of years and have had a great experience. I am keeping my fingers crossed that the ACA remains in place for many years as we're only in our 40s and my employer doesn't pay anything toward health insurance. If you have the ability to control ...
by ZumZabo
Fri Jul 24, 2020 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly loosing health insurance. Experiences with ACA

A week after taking the leave, the offer changed from open ended to 90 days before the time away starts to count against insurance eligibility. The likelihood of the Covid situation getting better to the point where I can soon return safely (or safer than it was before I left) doesn’t look good. If...
by ZumZabo
Fri Jul 24, 2020 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly losing health insurance. Experiences with ACA

To answer your question, yes, you could elect COBRA and stay at the company. One qualification for COBRA is loss of employer coverage due to no longer working the minimum of hours. This would allow you to elect COBRA now, or in the next few months, then be rehired, satisfy the waiting period, and g...
by ZumZabo
Fri Jul 24, 2020 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly loosing health insurance. Experiences with ACA

Is there a reason you did not look at COBRA coverage? Loss of insurance coverage automatically qualifies you for COBRA. You get no change in coverage, but have to pay your cost + employer's cost + 2%. Based on your age, it should be a lot cheaper than the ACA marketplace. See my post here: Subject:...
by ZumZabo
Fri Jul 24, 2020 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly losing health insurance. Experiences with ACA

^^^ 2 posts up, what Artful Dodger said. Don't overlook COBRA simply because you aren't familiar with it. If you have any questions, just ask and we'll help you work through it. Prior to retiring, I went on a 30-day unpaid leave of absence. In spite of existing company policy which said I would be ...
by ZumZabo
Fri Jul 24, 2020 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly loosing health insurance. Experiences with ACA

A week after taking the leave, the offer changed from open ended to 90 days before the time away starts to count against insurance eligibility. The likelihood of the Covid situation getting better to the point where I can soon return safely (or safer than it was before I left) doesn’t look good. If...
by ZumZabo
Fri Jul 24, 2020 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly loosing health insurance. Experiences with ACA

Experiences with ACA I retired five years ago when I was a bit younger than you. These are just my experiences and things may be different now or for your situation. 1) I used COBRA for as long as I could and my wife was able to go straight to Medicare. The deductibles were a lot lower and we did n...
by ZumZabo
Fri Jul 24, 2020 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly loosing health insurance. Experiences with ACA

2. I would love to hear from folks using the exchange and are happy with it. Please tell me your experience. Thank you all in advance. I so appreciate this forum. I'm self-employed and have been very happy with my ACA plan, as it was MUCH better than my pre-ACA plan, at the same cost. The price wil...
by ZumZabo
Fri Jul 24, 2020 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly loosing health insurance. Experiences with ACA

I have been with ACA from the beginning. No major hiccups to report. Make sure that your doctor(s) accept the plan you buy. Finding my doctors or their associated hospitals on the plans has been a challenge so far. Been doing it on my own so far. I think I should find a broker who deals with this a...
by ZumZabo
Fri Jul 24, 2020 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly loosing health insurance. Experiences with ACA

A week after taking the leave, the offer changed from open ended to 90 days before the time away starts to count against insurance eligibility. The likelihood of the Covid situation getting better to the point where I can soon return safely (or safer than it was before I left) doesn’t look good. If...
by ZumZabo
Fri Jul 24, 2020 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly loosing health insurance. Experiences with ACA

My wife and I were both on ACA from the beginning. Now transitioning to Medicare. For us, ACA was great, saving us a lot of hassle and a lot of money. For us, a key, was keeping our income low (<$50,000) to maximize the tax credit. Some years, the premium would run $12 / month. Other years, $120 / ...
by ZumZabo
Fri Jul 24, 2020 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly loosing health insurance. Experiences with ACA

An off-topic post and reply discussing recent challenges to the ACA have been removed (political). As noted in Re: ACA, Medicare and possible changes , discussions about proposed legislation (what will happen to implement the changes) is off-topic to " keep investors from making bad decisions....
by ZumZabo
Fri Jul 24, 2020 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly loosing health insurance. Experiences with ACA

1. It really seems like the ACA is in peril of being dismantled and I am concerned about pre existing condition going away. Any thoughts? I am in good health but everyone has something by the age of 60 and I remember in the past, insurance companies wanting only the best risks an refusing the rest....
by ZumZabo
Fri Jul 24, 2020 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly loosing health insurance. Experiences with ACA

I don't think the ACA or the preexisting condition not a limit thing is going away in the foreseeable future. There's a lot of talk, but I read recently that at least one state that one would not have expected to had increased or added the Medicaid coverage in the gap. It's hard to imagine people's...
by ZumZabo
Fri Jul 24, 2020 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Re: Possibly loosing health insurance. Experiences with ACA

1. It really seems like the ACA is in peril of being dismantled and I am concerned about pre existing condition going away. Any thoughts? I see nothing at all that indicates this peril. 2. I would love to hear from folks using the exchange and are happy with it. Please tell me your experience. It h...
by ZumZabo
Fri Jul 24, 2020 6:11 am
Forum: Personal Finance (Not Investing)
Topic: Possibly losing health insurance. Experiences with ACA
Replies: 57
Views: 4182

Possibly losing health insurance. Experiences with ACA

Hello Bogelheads, I am on a voluntary unpaid leave of absence from a job I absolutely love. It is low stress good paying and comes with a really great health insurance plan. I live in an area of the country with really high rate of Covid and getting worse every day. The job entails working with the ...
by ZumZabo
Sat Jul 11, 2020 7:28 pm
Forum: Personal Investments
Topic: Reasonable withdrawal rate?
Replies: 18
Views: 1977

Re: Reasonable withdrawal rate?

My wife is a federal employee so we would have access to subsidized health insurance for life. Mel - I may have overstated my engagement as being from the 90’s (was the internet even around then 😀) but regardless it was in the early days with you and Taylor and I had a different user name. I just w...
by ZumZabo
Sun May 24, 2020 8:05 am
Forum: Investing - Theory, News & General
Topic: El-Erian comments on the crisis
Replies: 63
Views: 7005

Re: El-Erian comments on the crisis

There are some reasons to be more optimistic than what he’s espousing. Today is the first day my businesses have been open for customers (inside) and it’s been very busy- surprisingly so. It may mean nothing, but the idea there won’t be a powerful recovery doesn’t jibe with what I’m experiencing in...
by ZumZabo
Wed May 20, 2020 8:10 am
Forum: Personal Finance (Not Investing)
Topic: investmenting books
Replies: 28
Views: 1743

Re: investmenting books

“Winning the Loser’s Game” by Charles Ellis is a really great book as an intro to the benefits of low cost index investing. His resume gives him huge credibility and I don’t think he has any agenda other than helping investors become better investors. A true gentleman. I own it and haven’t read it i...
by ZumZabo
Tue Mar 31, 2020 4:29 am
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 19139

Re: Why does anyone invest in international funds?

lostdog wrote: Mon Mar 30, 2020 2:17 pm VTWAX and chill.
I do like this abridged version too.
by ZumZabo
Tue Mar 31, 2020 4:26 am
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 19139

Re: Why does anyone invest in international funds?

I do it because I want the global returns, not the US returns. I couldn't care less if US outperforms, only that I get my fair share of what they all return. I sure hope they all do their very best though. One thing to keep in mind is that certain societal factors are likely to play out over much l...
by ZumZabo
Thu Mar 26, 2020 9:31 am
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 19139

Re: Why does anyone invest in international funds?

What a great question!!! Thank you for asking. I invest in international funds bc when I read the US news I can't tell...is this from The Onion or is this for real???? 50% US 50% Intl Same here. 50/50 but I have never been able to state it so well. Forgive me if I plagiarize you in the future. I do...
by ZumZabo
Thu Mar 26, 2020 7:18 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 65766

Re: So bottom is probably behind us....right?

We will see if/when the stimulus package passes the house. Could be a classic case of buy the rumor, sell the fact. If it passes, the market goes down; if it doesn’t pass, (very unlikely) it goes way down. Even the largest most powerful country/economy on the planet is unlikely to be able to turn th...
by ZumZabo
Wed Mar 25, 2020 9:22 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 65766

Re: So bottom is probably behind us....right?

I think the bottom is not in yet. Usually with big and sharp drops like this, you will see some ups and downs for a couple of weeks and then a sharp drop to new lows on high volume that scares the life out of people who bought thinking that the bottom was in. They sell into it and then the selling d...
by ZumZabo
Tue Mar 12, 2019 9:26 am
Forum: Investing - Theory, News & General
Topic: My name is _____, & I am a MARKET TIMER.
Replies: 109
Views: 8557

Re: My name is _____, & I am a MARKET TIMER.

My name is ____, & I am a MARKET TIMER. I know that market timing is futile, but I keep sliding back into in. The word "but" is a red flag. When someone uses this, the part that comes after the "but" negates the part before the "but". So you don't really know that ...
by ZumZabo
Tue Mar 12, 2019 9:18 am
Forum: Investing - Theory, News & General
Topic: My name is _____, & I am a MARKET TIMER.
Replies: 109
Views: 8557

Re: My name is _____, & I am a MARKET TIMER.

i guess the AA group would be bogleheads for the most part (with livesoft as the exception) who will tell you market timing for most people fails over time. As to a cure? Experience is generally the best teacher. If you're using an AA theme here then you'd have to hit rock bottom before you could a...
by ZumZabo
Wed Jan 23, 2019 9:58 am
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 16617

Re: Men's No-Cotton Travel Pants Suggestions? Other Tips from experienced world travellers?

much deleted ... I would say you are over thinking it a bit with all due respect and the last I heard Nike was very big internationally. With respect to the last point, yes indeed it is. Not many years ago we were briefly in a large German city (haven't spent any real time in Germany). We walked to...
by ZumZabo
Wed Jan 23, 2019 9:35 am
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 16617

Re: Men's No-Cotton Travel Pants Suggestions? Other Tips from experienced world travellers?

Due to health, I have not travelled in several years. Recently upgraded my passport, TSA Precheck, Travel ID, etc. ("newbie" ready to ride/fly). Now packing for an upcoming trip, I've found that my assortment of travel pants have "shrunk" in storage. (that must be it) :shock: Th...
by ZumZabo
Wed Jan 23, 2019 9:25 am
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 16617

Re: Men's No-Cotton Travel Pants Suggestions? Other Tips from experienced world travellers?

Americans walk like they own the sidewalk. I think this is not so much an American characteristic; it's more the behavior of people who are not used to crowded cities. Just don't walk around like there's nobody else there. Have you ever been walking in the afternoon on a Sunday in an urban European...
by ZumZabo
Wed Jan 23, 2019 8:27 am
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 16617

Re: Men's No-Cotton Travel Pants Suggestions? Other Tips from experienced world travellers?

+1 on Jos. Bank worth a look. They have a new Traveler Tech line in both traditional and trim fits. Can be worn with a sport coat, travel khakis or jeans. Thank you for that. I wasn’t aware of the new Traveler Tech line. I will check it out. Haven’t been in the store for a long time because the pro...
by ZumZabo
Wed Jan 23, 2019 7:45 am
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 16617

Re: Men's No-Cotton Travel Pants Suggestions? Other Tips from experienced world travellers?

Due to health, I have not travelled in several years. Recently upgraded my passport, TSA Precheck, Travel ID, etc. ("newbie" ready to ride/fly). Now packing for an upcoming trip, I've found that my assortment of travel pants have "shrunk" in storage. (that must be it) :shock: Th...
by ZumZabo
Fri Jan 18, 2019 7:02 am
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 218
Views: 32194

Re: Tributes to Jack Bogle

If the investing world had a Mount Rushmore, Mr. Bogle would be front and center.
by ZumZabo
Wed Jan 16, 2019 11:48 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 63440

Re: John Bogle has died at age 89

I sincerely hope the family of Mr.Bogle’s heart doner are aware of how profoundly their loved one impacted the world by giving Mr. Bogle a second chance. Millions of people are so much better off because John Bogle lived. He was a humble giant of a man.
by ZumZabo
Wed Nov 28, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 57
Views: 6032

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

Fidelity has been pretty transparent on why they are offering these funds. They have clearly stated that these funds are a strategic direction to bring in more customers to their brokerage house. This is no different than the many brokerages, banks, credit cards, etc who offer bonuses as customer i...
by ZumZabo
Wed Nov 28, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 57
Views: 6032

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

Let me twist this just a little. What is in it for Redneck Bank to take in all those funds and pay 2.25% interest on? It's almost as if they can make money on something outside of fees for the depositors. Same for Fidelity. They make money on something outside of fees for investors. Everyone does. ...
by ZumZabo
Wed Nov 28, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 57
Views: 6032

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

If the zero funds somehow become unprofitable in the future they'll just close the fund to new investments, revise the prospectus to include a cash position, take the securities lending income, or any number of other tricks. With zero management fees, the funds won’t become unprofitable, they will ...
by ZumZabo
Tue Nov 27, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 57
Views: 6032

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

(First sentence edited to more accurately express my question) Perhaps someone can help me understand because I don’t. What is in it for Fidelity to take in billions of assets under management that they will earn zero fees on? Is it sustainable long term? What happens years from now if they reverse ...
by ZumZabo
Tue Nov 27, 2018 7:40 am
Forum: Investing - Theory, News & General
Topic: Anyone invest in Vanguard's Health Care Fund?
Replies: 20
Views: 3107

Re: Anyone invest in Vanguard's Health Care Fund?

I’ve held health care in some form since the mid 90’s. Originally it was the managed fund and since ‘08 (when I started indexing) it is the etf form. Much earlier it was a large percentage, too large ca. 30%. Now it is 10%. I am transitioning to a simple three fund portfolio and this will be the mos...
by ZumZabo
Mon Nov 26, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 241
Views: 30397

Re: What is your allocation to U.S. and International?

Just finished reading this topic. Interesting to see what others are actually doing rather than just theory. Thanks to all for sharing. Responding to the opening post: I am 58 yrs old and was 100% stocks until 3 years ago and used some harvested losses to re allocate to 67/33 stock/bond. I needed to...