Search found 866 matches

by 2pedals
Tue Sep 10, 2019 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Can this girl "go wild?"
Replies: 33
Views: 4904

Re: Can this girl "go wild?"

Since you are entering a new stage in your life your spending habits will change. You may not need to but I think you should track your spending for a while in this stage. It could be a good learning experience.
by 2pedals
Mon Sep 09, 2019 7:31 pm
Forum: Investing - Theory, News & General
Topic: Wade Pfau: Does The 4% Rule Work In Today’s Markets?
Replies: 102
Views: 7176

Re: Wade Pfau: Does The 4% Rule Work In Today’s Markets?

SWR does very little in helping decide how much money I should be spending. Annual review of various dynamic withdrawal rate methods such as longinvest's VPM and McClung's Extended Conservative Mortality (ECM) can help me decide how "safe" my discretionary spending and withdrawals are. When you use...
by 2pedals
Mon Sep 09, 2019 7:04 pm
Forum: Investing - Theory, News & General
Topic: Wade Pfau: Does The 4% Rule Work In Today’s Markets?
Replies: 102
Views: 7176

Re: Wade Pfau: Does The 4% Rule Work In Today’s Markets?

Since nobody knows what rule with work in tomorrows market and the sacrifices you're making to save for later might be making you miserable, whatever SWR you use could be unrealistic and possibly savagely cruel (ruin your dreams in retirement). What I want is a realistic withdrawal rate in retireme...
by 2pedals
Mon Sep 09, 2019 3:47 pm
Forum: Investing - Theory, News & General
Topic: Wade Pfau: Does The 4% Rule Work In Today’s Markets?
Replies: 102
Views: 7176

Re: Wade Pfau: Does The 4% Rule Work In Today’s Markets?

Since nobody knows what rule with work in tomorrows market and the sacrifices you're making to save for later might be making you miserable, whatever SWR you use could be unrealistic and possibly savagely cruel (ruin your dreams in retirement). What I want is a realistic withdrawal rate in retiremen...
by 2pedals
Fri Sep 06, 2019 12:26 pm
Forum: Personal Investments
Topic: Trying to wrap my head around VPW
Replies: 28
Views: 3146

Re: Trying to wrap my head around VPW

Barb We (DW and I) retired last year at age 60 and we are having the same issue with regarding to spending. I saved money since I was a kid. We have a good pension and we are not spending near what VPW says we can do. It is hard to change this, I think it is part of our DNA. We are focused on making...
by 2pedals
Fri Sep 06, 2019 12:07 pm
Forum: Personal Investments
Topic: Need Help With My Portfolio
Replies: 9
Views: 490

Re: Need Help With My Portfolio

I would focus on trying to improve your salary and benefits.
by 2pedals
Fri Sep 06, 2019 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Kitces: The Problem with FIREing at 4% and the Need for Flexible Spending Rules
Replies: 199
Views: 13535

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

Consider this perspective. A pension fund (or annuity) can offer a higher payout because it doesn't have the same longevity risk. https://earlyretirementnow.com/2019/08/29/you-are-a-pension-fund-of-one-swr-series-part-32/ Which is why the insurance principle of pooling risk makes sense and why any ...
by 2pedals
Thu Sep 05, 2019 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Kitces: The Problem with FIREing at 4% and the Need for Flexible Spending Rules
Replies: 199
Views: 13535

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

Thanks for sharing, interesting article. I guess the important thing would be to have a plan and carefully monitor your resources. I would think that if things get really bad early after (within 10 years of FIRE) like a divorce, bad sequence of returns and/or too much spending one should be prepared...
by 2pedals
Thu Sep 05, 2019 9:27 am
Forum: Personal Investments
Topic: Purchase fee on VBLAX
Replies: 19
Views: 1310

Re: Purchase fee on VBLAX

But, if you then want to claim it is not really a purchase fee because it is covering ongoing expenses, then it seems odd to not include it on the ongoing expense number. Not sure why people want to pretend this isn't costing you real dollars no matter what you call it. No one said it's not a purch...
by 2pedals
Fri Aug 30, 2019 4:43 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 116
Views: 11553

Re: VTIAX International fund - should I give up on it?

I have to say I enjoyed the dividend from IXUS -- Shares Core MSCI Total International Stock ETF this June in my taxable account. Extra spending money while in early retirement. Also the 2.89% trailing 12 month dividend yield with expected increases makes the current bond market look anemic. https:/...
by 2pedals
Fri Aug 30, 2019 11:04 am
Forum: Personal Finance (Not Investing)
Topic: i-ORP: rates of return and inflation ?
Replies: 3
Views: 223

Re: i-ORP: rates of return and inflation ?

I am currently using 5% return on stocks 2% return on bonds 2% dividend yields 2% inflation rate on income 2% spending inflation rate In my experience you could play games with different assumptions and the plan differences could be very large. The I-ORP optimizer a could be way off. Hard to optimiz...
by 2pedals
Thu Aug 29, 2019 1:17 pm
Forum: Investing - Theory, News & General
Topic: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest
Replies: 56
Views: 4731

Re: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest

I often wonder why financial advisors don't retire in their 40's or early 50's, but somehow have to keep plugging away. OK, Peter Lynch left Fidelity when he was 46. How come all these others such as Bernstein, Bogle, Swedroe, Ferri, Roth, and all the other folks whose names keep popping up on the ...
by 2pedals
Wed Aug 28, 2019 12:10 pm
Forum: Investing - Theory, News & General
Topic: I don't like Bonds because I
Replies: 31
Views: 2579

Re: I don't like Bonds because I

Dottie57 wrote:
Wed Aug 28, 2019 11:58 am
Whatyear? wrote:
Wed Aug 28, 2019 11:46 am
I got an 80 on the quiz without having read those books (because of all I have learned about bonds on this site :)).
Same score here. Learned a lot from Bogleheads.
Ditto
by 2pedals
Tue Aug 27, 2019 10:29 pm
Forum: Investing - Theory, News & General
Topic: Best of Bogleheads - your #1 takeaway
Replies: 144
Views: 12308

Re: Best of Bogleheads - your #1 takeaway

When you ask Bogleheads a gnawing question that needs to be solved you will get some very good advice and help.
by 2pedals
Tue Aug 27, 2019 9:26 am
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 2946

Re: Tax bracket problem

The following page is a good summary on Marginal Tax Rates https://www.bogleheads.org/wiki/Marginal_tax_rate#Using_the_marginal_rate_for_investment_decisions If you are interested the personal finance toolbox has a very good spreadsheet to help visualize things a bit. https://www.bogleheads.org/wiki...
by 2pedals
Mon Aug 26, 2019 3:16 pm
Forum: Personal Consumer Issues
Topic: Good fencing for Bad neighbors (fence advise)
Replies: 22
Views: 2574

Re: Good fencing for Bad neighbors (fence advise)

Ask your tenants what would help them. According to your tenants the bad neighbor is unreasonably interfering with the use and enjoyment of the property by harassing your tenants. The main thing here is the tenants need to be assertive. You might be able to put some pressure on the neighbor but in m...
by 2pedals
Sat Aug 24, 2019 9:06 pm
Forum: Investing - Theory, News & General
Topic: A theory of one's general investing mindset: 'Good enough' or 'Optimize'
Replies: 297
Views: 12031

Re: A theory of one's general investing mindset: 'Good enough' or 'Optimize'

I became an satisficer when I decided to get married.

Satisficer since 1985 :beer
by 2pedals
Tue Aug 20, 2019 7:15 pm
Forum: Personal Investments
Topic: How much does your employer 401k plan charge?
Replies: 43
Views: 2529

Re: How much does your employer 401k plan charge?

Retired from Mega Corp. No fees except for excessive-trading rules and/or fees. Limited selection of life cycle funds, active management, index funds and company stock. ER's anywhere between 0.70% (active management) and 0.03% (index).
by 2pedals
Sun Aug 18, 2019 10:58 am
Forum: Personal Investments
Topic: Don’t put new money in market right now??
Replies: 59
Views: 7445

Re: Don’t put new money in market right now??

The late John Bogle received the advice early in his investment career that “Nobody Knows Nothing”. I have seen this play out as a true statement numerous times. Invest early, invest often, keep it simple, & ignore the noise. It really is that easy! +1 Some smart people and market experts think the...
by 2pedals
Wed Aug 14, 2019 10:02 pm
Forum: Investing - Theory, News & General
Topic: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds
Replies: 54
Views: 4515

Re: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds

Schlichter has a very long history of fee lawsuits. https://www.investmentnews.com/article/20170923/FREE/170929980/jerry-schlichters-fee-lawsuits-have-left-an-indelible-mark-on-the Some say the lawsuits have gone too far. I don't know if I agree or not. The lawsuits seem to be overreaching at times ...
by 2pedals
Tue Aug 13, 2019 6:19 pm
Forum: Investing - Theory, News & General
Topic: [Larry Swedroe: Small Value Stocks are Cheap, Factor Investing Works]
Replies: 673
Views: 25248

Re: Larry Swedroe: Small Value Stocks are Cheap

<---- snip ----> Larry also shows that relative to their P/E ratio averages over the last 20 years, LCG is at 101%, and LCV is at 97%, while SCV is at only 84%; this means that SCV's valuations are significantly more attractive and historically likely to lead to outperformance in the future . <----...
by 2pedals
Sun Aug 11, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: No pay increase but increase in responsibility
Replies: 110
Views: 8028

Re: No pay increase but increase in responsibility

OP, This is a highly personal question. You will have to decide what you think is best for you and your family. I think it all depends on what you think will happen in the future. Will you be successful in you new role? Will you be rewarded for taking on more responsibility? What kind of reward will...
by 2pedals
Mon Aug 05, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Car insurance liability (50 --> 250) and Umbrella Policy
Replies: 6
Views: 438

Re: Car insurance liability (50 --> 250) and Umbrella Policy

In today's litigious society it makes sense to me to have an Umbrella Policy to protect your assets. I think 1M to 2M is a good starting point. As you accumulate more assets you may want even more. The additional cost increment from 1M to 2M a lot less than from 0 to 1M.
by 2pedals
Sun Aug 04, 2019 4:49 pm
Forum: Personal Consumer Issues
Topic: Dentist: Is this acceptable?
Replies: 63
Views: 4925

Re: Dentist: Is this acceptable?

Dentist here: I wouldn’t worry too much. Ideally a patient will have an exam done every six months. However, sometimes dentists are out of town, sick, etc. In Texas, it is allowed to have hygienist clean teeth with no dentist present. However, in Texas A hygienist isn’t supposed to clean teeth with...
by 2pedals
Sun Aug 04, 2019 4:41 pm
Forum: Personal Consumer Issues
Topic: Dental implant... almost done! COMPLETE!
Replies: 64
Views: 4621

Re: Dental implant... almost done!

"This kind of cost is why I urge people to make sure they don't just look at insurance as the cost of health care in retirement and budget accordingly for things that insurance doesn't cover." +1. There are so many posts on this site about projected retirement costs, yet so few consider increasing ...
by 2pedals
Sun Aug 04, 2019 4:11 pm
Forum: Personal Consumer Issues
Topic: Dental implant... almost done! COMPLETE!
Replies: 64
Views: 4621

Re: Dental implant... almost done!

Thanks for the primer! Some people have sinuses that are very low and do not allow enough vertical bone to exist between the gums and the sinus. I have seen some with only 1mm of bone between the gums and the sinus which is literally like an eggshell. My general dentist showed me, on an X-Ray, how ...
by 2pedals
Sat Aug 03, 2019 5:20 pm
Forum: Personal Consumer Issues
Topic: Dentist: Is this acceptable?
Replies: 63
Views: 4925

Re: Dentist: Is this acceptable?

Dentist here: I wouldn’t worry too much. Ideally a patient will have an exam done every six months. However, sometimes dentists are out of town, sick, etc. In Texas, it is allowed to have hygienist clean teeth with no dentist present. However, in Texas A hygienist isn’t supposed to clean teeth with...
by 2pedals
Sat Jul 27, 2019 3:29 pm
Forum: Personal Investments
Topic: Do You Slice & Dice in Distribution Stage?
Replies: 9
Views: 591

Re: Do You Slice & Dice in Distribution Stage?

No I don't slice & dice in Retirement. I agree with your assessment. If you want more risk just adjust your asset allocation to include more % stock market index funds.
by 2pedals
Tue Jul 23, 2019 9:44 am
Forum: Investing - Theory, News & General
Topic: ETF "Tax Efficiency" Quantified
Replies: 57
Views: 3146

Re: ETF "Tax Efficiency" Quantified

<--- snip ---> 2) The ETF investor is not saving these taxes but deferring them. And yes, the deferral is a benefit. But the benefit is far less than the tax. In the example I gave, it was a rounding error. And capital gain tax rates could increase, so the ETF investor could actually lose money at ...
by 2pedals
Mon Jul 22, 2019 8:26 pm
Forum: Personal Consumer Issues
Topic: Tree guy is no-show; payment was "deposit"
Replies: 47
Views: 5771

Re: Tree guy is no-show; payment was "deposit"

In my neck of the woods, $500 to for a reputable tree guy to take down a tree is not attainable. More like 2 to 3 times that amount.
by 2pedals
Mon Jul 22, 2019 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Natl. Trust Co. - Important Information
Replies: 62
Views: 5191

Re: Vanguard Natl. Trust Co. - Important Information

<--- snip ---> https://www.savingforcollege.com/article/how-to-rollover-us-savings-bonds-into-a-529-plan And just where were you when I was researching this????? Oh yeah, I forgot to ask on this board to give you a chance to clear that up. :oops: Since I'm the grandparent of the person with the edu...
by 2pedals
Mon Jul 22, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Natl. Trust Co. - Important Information
Replies: 62
Views: 5191

Re: Vanguard Natl. Trust Co. - Important Information

I'm just speculating here, but perhaps there's something you could do involving setting up a (or more than one?) 529 account on behalf of an heir (or heirs?). I gather that you can redeem I bonds and EE bonds tax free if the proceeds are put into a 529. . If you transfer I-Bonds into a 529 account ...
by 2pedals
Sun Jul 21, 2019 10:05 pm
Forum: Personal Consumer Issues
Topic: Apollo 11 (In Real Time)
Replies: 62
Views: 4893

Re: Apollo 11 (In Real Time)

I wonder if anyone caught the video just shown on the website. Around 132:00:00, there's not much to do except wait for the crew to reacquire signal from the back side of the moon. They've resorted to filling time with video at mission control. The guy with the movie camera is walking around taking...
by 2pedals
Sun Jul 21, 2019 7:22 pm
Forum: Personal Investments
Topic: Why keep low-interest I Bonds?
Replies: 24
Views: 2889

Re: Why keep low-interest I Bonds?

I recently cashed in I-bonds that were bought near the same time frame and reinvested them in Vanguard muni bond funds. It wasn't a large part of my portfolio. The major reason I sold the I-bonds was to simplify my portfolio. I didn't want relatives to have to access an account with TreasuryDirect ...
by 2pedals
Fri Jul 19, 2019 5:26 pm
Forum: Personal Investments
Topic: 100% Stock in ROTH
Replies: 8
Views: 1053

Re: 100% Stock in ROTH

This guide might help If all else is equal (and it often isn't, because you may have different options in your 401(k) and your Roth IRA), it is slightly better to have the fund with the highest expected return in your Roth, because the Roth is free from Required Minimum Distributions (RMDs), is not ...
by 2pedals
Thu Jul 18, 2019 2:04 pm
Forum: Personal Investments
Topic: i-ORP and annual Roth contributions after age 65?
Replies: 7
Views: 555

Re: i-ORP and annual Roth contributions after age 65?

There are others - for a more granular deeper dive you can use the RPM bu8t it will take much longer to set it up and learn the nuances with that tool. IMHO - it is very worthwhile to spend some time with RPM I've been trying to like RPM. One obstacle is that RPM does not calculate Required Minimum...
by 2pedals
Sun Jul 14, 2019 8:42 pm
Forum: Personal Investments
Topic: ORP and RPM recommend large mega Roth's from IRA
Replies: 44
Views: 2676

Re: ORP and RPM recommend large mega Roth's from IRA

I few things that seems favor Roth's from tIRA that I-ORP does not do a very good job with. 1) Leaving a legacy: i.e. what happens to the money after you and significant other is gone. If you have a significant legacy the more import this becomes. 2) I-ORP only does what if you live to whatever age ...
by 2pedals
Sun Jul 14, 2019 8:21 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 252
Views: 25494

Re: Small Cap Value heads Rejoice !!!

It is fair to say that Bogle didn't believe in factors, he probably created the Growth and Value index funds to meet investor demand. He also envisioned that folks would use Growth while working and go to the Value Index while retired. The Value Index is more conservative and generates more income,...
by 2pedals
Sun Jul 14, 2019 10:00 am
Forum: Personal Investments
Topic: ORP and RPM recommend large mega Roth's from IRA
Replies: 44
Views: 2676

Re: ORP and RPM recommend large mega Roth's from IRA

I would appreciate your thoughts on whether to go with the $225k/yr, $500k/yr, .... $1000k/yr or the 50% of IRA recommendation from ORP this year. thanks!!! I have found I-ORP is not something I would be able to solely rely on in retirement planning. LeeMKE had a post here summarizing parameters wh...
by 2pedals
Fri Jul 12, 2019 3:19 pm
Forum: Investing - Theory, News & General
Topic: Why factor investing isn't working
Replies: 484
Views: 22572

Re: Why factor investing isn't working

Some great posts on this thread. I need to make some more popcorn. :wink:
by 2pedals
Thu Jul 11, 2019 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Policy Statement (RPS) -- Is anyone else using one?
Replies: 25
Views: 3747

Re: Retirement Policy Statement (RPS) -- Is anyone else using one?

What I needed was a " Financial Policy Statement ". Where I can capture all things related to my personal finances where some level of discipline is required. Love it. I really do love it. WoodSpinner has collected a lot of information for retirement planning and combined it with an IPS. I think of...
by 2pedals
Wed Jul 10, 2019 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Policy Statement (RPS) -- Is anyone else using one?
Replies: 25
Views: 3747

Re: Retirement Policy Statement (RPS) -- Is anyone else using one?

WoodSpinner, Thank you so much. After stumbling on a link to this thread, I really liked this idea. I have converted my IPS into a RPS using your template. I believe this has helped me and my organize my retirement for me and my wife. I am sleeping better at night. I believe this thread should get m...
by 2pedals
Mon Jul 08, 2019 1:27 pm
Forum: Investing - Theory, News & General
Topic: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)
Replies: 113
Views: 15019

Re: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)

A savings balance can do the job of acting as a shock-absorber, decoupling spending from income. An increase in income volatility could cause some people to want a larger savings balance, I suppose, but my experience is that spending variability is so much larger that income volatility makes little...
by 2pedals
Sun Jul 07, 2019 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: quit second job?
Replies: 14
Views: 1718

Re: quit second job?

Yes I would quit it, you don't need your second job now. You have planned for your future and accomplished much (2.3M). I would also add with that extra time enjoy your friends and companions.
by 2pedals
Sun Jul 07, 2019 6:21 pm
Forum: Investing - Theory, News & General
Topic: Misbehaviour of markets and the Black Swan
Replies: 87
Views: 8193

Re: Misbehaviour of markets and the Black Swan

Carol88888 All I need to know is that an index strategy will probably do better than other strategy I could reasonably execute. Suits me. I think you might be missing the thrust behind this thread. There are a couple of questions being asked here which tie directly into the above strategy. 1. What ...
by 2pedals
Thu Jul 04, 2019 11:46 am
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 889
Views: 294777

Re: Variable Percentage Withdrawal (VPW)

Here's the proposed simpler monthly process (based on the proposition of forum member D-Dog): I have to admit that the 1/6.5 ratio is simpler than silos and good enough . OK, unless there's a big objection, I pronounce monthly silos dead. To remove awkward ratios, I would simplify the monthly proce...
by 2pedals
Thu Jul 04, 2019 9:57 am
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 889
Views: 294777

Re: Variable Percentage Withdrawal (VPW)

Here's the proposed simpler monthly process (based on the proposition of forum member D-Dog): I have to admit that the 1/6.5 ratio is simpler than silos and good enough . OK, unless there's a big objection, I pronounce monthly silos dead. To remove awkward ratios, I would simplify the monthly proce...
by 2pedals
Wed Jul 03, 2019 10:00 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle: Don't Try to Time Factor Investing
Replies: 7
Views: 1412

Re: Jack Bogle: Don't Try to Time Factor Investing

Thanks for the post Howard, you made my day.

"So investors did what I told them not to do -- I told them not to do it Christine!" :o said Jack
by 2pedals
Tue Jul 02, 2019 10:09 am
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 889
Views: 294777

Re: Variable Percentage Withdrawal (VPW)

I have a basic question about the social security entries. I am 59 and planning my retirement. We plan on taking SS for DW at 62 and DH at 70. Do I enter the quoted social security monthly estimated benefits from our social social security estimates at ages 62 and 70 respectively (i.e. do not use FR...