Search found 327 matches

by 2pedals
Tue Feb 20, 2018 9:35 am
Forum: Investing - Theory, News & General
Topic: Sequence of returns risk while accumulating
Replies: 65
Views: 3714

Re: Sequence of returns risk while accumulating

Great Post OP I have a question, is it easy to produce a plot that accumulates based on an increasing investment? For example you start with an investment of $1,000/mo. but in real life that is not practical. In real life most people when they start out they have less disposable income. Once they st...
by 2pedals
Sun Feb 18, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 10573

Re: What has been your most important skill in achieving financial independence?

Take care of your career. Learn a skill that pays well and that you enjoy. Work hard, please your bosses with exceptional performance, challenge yourself and build on your successes. Max out your 401K and save money in your taxable account as well. Most of all passion for life and love your signific...
by 2pedals
Sat Feb 17, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 128
Views: 10433

Re: Retirees: The common sense withdrawal method

As a person nearing retirement I find this thread very interesting thread. I have been learning a lot the past year. Lots of word of wisdom here. I believe what works for you is based on your individual circumstances, i.e. saving for end of life, legacy, pension, expenses, personal desires, SS, heal...
by 2pedals
Thu Feb 15, 2018 1:04 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6533

Re: PSA: Bank of America now charges $12/month for checking

Seems like you expect a lot for next to nothing. As a BoA shareholder, I am glad to see that they are instituting fees to cover the cost of providing services to you. Okay, yes BoA needs to make money for it's shareholders. As a consumer and credit union member, I am just not seeing why I would wan...
by 2pedals
Mon Feb 12, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 116
Views: 10570

Re: Anybody else Age - 10 in bonds, rest in stocks

Currently age bonds at 58 years old. Conservatively I do not count expected pension, only invested money.

If I added my expected pension value to my bond and stable value investments I would be age + 15 in bonds. I sleep well at night.
by 2pedals
Sat Feb 10, 2018 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: 4% rule and early retirement?
Replies: 69
Views: 8266

Re: 4% rule and early retirement?

I would read Wade Pfau book. I liked it and learned a lot. He talked about a several different approaches. Although I am not yet retired, I am leaning to a hybrid approach using 2% fixed based on value at retirement (adjusted for CPI) and 2% based on the annual value of funds.
by 2pedals
Mon Jan 29, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: TSM believers, defend thyself! (In a good natured, friendly debate.)
Replies: 59
Views: 6396

Re: TSM believers, defend thyself! (In a good natured, friendly debate.)

Example. If someone wishes to accumulate 1.0M+ over 30 years, but can realistically only save $500/month, they need a CAGR of ~10%. Is it legitimate for such a person to somewhat substantially tilt towards small cap/value? Why or why not? Legitimate yes, if you want more risk. I think not, if you d...
by 2pedals
Fri Jan 26, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: Vanguard US Multifactor Fund
Replies: 52
Views: 4129

Re: Vanguard US Multifactor Fund

Be wary of "factor" investing. Consider The Three-Fund Portfolio. which holds nearly all stocks (including "factor" stocks) at market weight. All stocks are "factor" stocks. You may not pay attention to the stable or changing characteristics of a stock, but a lack of attention does not change the c...
by 2pedals
Thu Jan 25, 2018 10:33 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4104

Re: Happy Birthday, Taylor!

Happy birthday, Taylor and thank you for explaining the value of the 3 fund.
Thank you for your sacrifice in wartime service.
by 2pedals
Wed Jan 24, 2018 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 16256

Re: Dear wife quits job and now we are down to 1 income

We will be approximately -700 every month. Options: 1. DW finds a full time job 2. DW finds a part time job 3. DW stays at home with Son Any suggestions and or advice? What is the longest DW should stay at home with son? I am concerned that we will not be saving for retirement or paying down house ...
by 2pedals
Tue Jan 23, 2018 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversions Recommendation Please
Replies: 7
Views: 842

Re: Roth IRA Conversions Recommendation Please

Suggest you try out the RPM - Retirement Portfolio Model. You rmd’s from your 650k 401k will quickly grow to be a challenge, especially w.r.t. IRMAA. You have a few years to aggressively convert, in order to minimize the impact. I wish I had started my large conversions earlier. Really, spend a few...
by 2pedals
Tue Jan 23, 2018 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversions Recommendation Please
Replies: 7
Views: 842

Re: Roth IRA Conversions Recommendation Please

Welcome to Bogleheads. Your taxable account will probably generate an additional income stream of $10k. That results in a total yearly income of $65k + $40k + $10k = $115k. Standard deduction is $24000. I estimate you will be in the 22% tax bracket. If you want to do some Roth IRA conversion, I wou...
by 2pedals
Mon Jan 22, 2018 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversions Recommendation Please
Replies: 7
Views: 842

Roth IRA Conversions Recommendation Please

I plan on retiring early next year at 59 and I need some help in understanding my accounts and the best way to start with Roth IRA conversions early next year. I will be getting a non COLA pension of about 65K with the 100% J&S option. DW will remain at her job making about 40k. We have about 1.6M i...
by 2pedals
Sun Jan 21, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Mega back door roth
Replies: 13
Views: 1453

Re: Mega back door roth

I am not doing a backdoor Roth conversion, just the mega backdoor. After I retire I plan doing some Roth conversions from my 401k and tIRA amounts.
by 2pedals
Sun Jan 21, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Mega back door roth
Replies: 13
Views: 1453

Re: Mega back door roth

Thanks everyone for your replies. This is very helpful. Apologies for late reply as I was out travelling. Update on my end: I called ML (they manage my wife's 401K) and spoke to 3 different people over phone who all gave me conflicting reply. After further digging it turns out they do allow out of ...
by 2pedals
Sun Jan 21, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Mega back door roth
Replies: 13
Views: 1453

Re: Mega back door roth

Thanks everyone for your replies. This is very helpful. Apologies for late reply as I was out travelling. Update on my end: I called ML (they manage my wife's 401K) and spoke to 3 different people over phone who all gave me conflicting reply. After further digging it turns out they do allow out of ...
by 2pedals
Sun Jan 21, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Mega back door roth
Replies: 13
Views: 1453

Re: Mega back door roth

Thanks everyone for your replies. This is very helpful. Apologies for late reply as I was out travelling. Update on my end: I called ML (they manage my wife's 401K) and spoke to 3 different people over phone who all gave me conflicting reply. After further digging it turns out they do allow out of ...
by 2pedals
Sat Jan 20, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Saturday Morning Panic and I-bonds
Replies: 8
Views: 1566

Re: Saturday Morning Panic and I-bonds

Reason for Posting: I am having a Saturday Morning panic and thought I would seek counsel from the group. I originally began to buy I-bonds to add another layer to my savings—i.e. increase the number of sources I could use to pay for retirement/emergencies . I also wanted to add a layer of protecti...
by 2pedals
Mon Jan 15, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Possible retirement?
Replies: 10
Views: 1169

Re: Possible retirement?

I would suggest you spend some time reading the following book: How Much Can I Spend in Retirement?: A Guide to Investment-Based Retirement Income Srategies, by Wade Pfau You need to define your asset allocation (%stocks and %bonds) and minimize your sequence of returns risks. It could work, you nee...
by 2pedals
Mon Jan 15, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: “Better Buy” Total US or International ?
Replies: 36
Views: 3942

Re: “Better Buy” Total US or International ?

thank you! INT'L it is ! well, why stop there? If you're looking for the "cheapest" why not try Vanguard's Emerging Market Stock Index fund. It's is even cheaper than total international stock market index fund (p/e 14.8X and price to book 1.8X): https://s13.postimg.org/ab82iikif/emerging.jpg sourc...
by 2pedals
Sat Jan 13, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 8106

Re: Heading for a top?

nobody knows nothing
by 2pedals
Fri Jan 12, 2018 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: RMD and Roth IRA conversions
Replies: 13
Views: 1796

Re: RMD and Roth IRA conversions

I am 58 and plan on to retire in about 1 year. After I retire, the assets the I convert from 401k and TIRA to Roth should be "long term" and will avoid RMD's after 70.5. For me the biggest advantage to Roth accounts is in legacy estate planning. I believe my DD (a professional) will be in a higher ...
by 2pedals
Tue Jan 09, 2018 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking investment advice
Replies: 4
Views: 381

Re: Seeking investment advice

What is your income and expenses? I think you should focus on repaying your debt. You made a big investment in yourself. If I was an employee I would rather has a 401k plan with fidelity.
by 2pedals
Mon Jan 08, 2018 10:42 pm
Forum: Local Chapters and Bogleheads Community
Topic: Livesoft at 58,000 posts!
Replies: 36
Views: 3114

Re: Livesoft at 58,000 posts!

I was going to wait until 60,000 to mention anything, but I'm not averse to someone posting his total now. You should wait until 59999, as it is prime. What about 64,000 it has 38 factors? The prime factors for, 64000 = (2^9 × 5^3). Also we when get to that level we can finally ask him the $64,000 ...
by 2pedals
Sun Jan 07, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2719

Re: Do we have too much in bonds?

2Pedals, our situations are somewhat similar... Ages: Me 62 (Retired a year ago) & DW 58 (wants to work till 60, taxable earned income of $69k less 24k to 403b) , MFJ, DW has Non-Cola Pension of $40k begins upon retirement in 2 yrs, I have Non-Cola Pension of 13k that I will start in 3 yrs at age 6...
by 2pedals
Sun Jan 07, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2719

Re: Do we have too much in bonds?

OP, I don't get theses numbers: your pension is 65K, your wife is making $40K, your expense is $50K, but you still need to take out $40K a year from your investment before SS kicks in? With pension, SS, and perhaps a 2 or 3% withdrawal, you will have more than enough to live on. You should spend an...
by 2pedals
Sun Jan 07, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2719

Re: Do we have too much in bonds?

Thanks, everyone, for your encouragement. One more vote of confidence in your current plan. Good job of saving, controlling expenses, and preparing for the transition. Just wondering with 240K income and 50,000 yearly expenses, seem like 1.6M would accumulate pretty fast. Did you get a late start o...
by 2pedals
Sat Jan 06, 2018 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2719

Re: Do we have too much in bonds?

Thanks, everyone, for your encouragement.
by 2pedals
Sat Jan 06, 2018 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2719

Re: Do we have too much in bonds?

TomatoTomahto wrote:
Sat Jan 06, 2018 6:36 pm
Your numbers work for you. Why jeopardize them to satisfy someone else’s idea of what’s appropriate.

That said, are you sure about 50k annual expenses?
We are, but after retirement not so much. We may want to do more traveling and other hobbies.
by 2pedals
Sat Jan 06, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2719

Re: Do we have too much in bonds?

Next year when I retire at 59.
by 2pedals
Sat Jan 06, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2719

Do we have too much in bonds?

I plan on retiring early next year at 59. I will be getting a non COLA pension of about 65K with the 100% J&S option and medical insurance coverage until medicare from a very stable mega corp. I am making about 200k and DW makes about 40k. I can not convince DW that she might as well retire as well,...
by 2pedals
Sat Jan 06, 2018 2:05 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 6086

Re: Misuse of adverse when averse was meant

Wood you like too mete me for a glass of whine in an our?
by 2pedals
Sat Jan 06, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 6177

Re: Does the 3 fund portfolio seem somewhat flawed?

nisiprius wrote:
Sat Jan 06, 2018 8:12 am
But a sane person could also decide to own the market, in the same proportions as the market itself owns them.
+1, nisprius thank you, your post was amazing. :beer
by 2pedals
Mon Jan 01, 2018 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Company Stock - % in portfolio
Replies: 21
Views: 1819

Re: Company Stock - % in portfolio

I would say no more than what is already in the total stock market index. I don't believe in investing in the same company your are employed by. Too much risk and your investing decisions could easily be biased by company PR. As a young engineer I was given company stock as part of a profit sharing ...
by 2pedals
Sun Dec 31, 2017 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement decision help!
Replies: 68
Views: 6075

Re: Retirement decision help!

For me, one of the main benefits of the annuity is a cash stream before SS that lets me reduce the amount of money I need to pull from the Tax deferred accounts for expenses. It also serves as protection against Sequence of Returns Risk at the start of my retirement. I'm just sort of thinking out l...
by 2pedals
Sun Dec 31, 2017 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey's voice is in my head...(Updated 12/31/2017)
Replies: 101
Views: 15656

Re: Dave Ramsey's voice is in my head...(Updated 12/31/2017)

Financially you did amazing!

Congratulations on your beautiful baby #2 girl! ... :beer
by 2pedals
Sun Dec 31, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 719
Views: 188731

Re: Share your net worth progression

These are just retirement accounts since we don't track everything in one place. Rough numbers... $50K 12/31/05 $80K 12/31/06 $107K 12/31/07 $104K 12/31/08 $162K 12/31/09 $219K 12/31/10 $250K 12/31/11 $320K 12/31/12 $435K 12/31/13 $520K 12/31/14 $595K 12/31/15 $750K 12/31/16 $980K 12/31/17 Updated ...
by 2pedals
Sun Dec 31, 2017 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds Simple IRA Front End Load Fee of 5% when is it too much
Replies: 5
Views: 720

Re: American Funds Simple IRA Front End Load Fee of 5% when is it too much

All, Thanks so much for your help. We have made our decision for this year, unless someone can convince me otherwise. DW wife will continue investing in American Balanced Class A Fund for the following reasons. Hassle factor #1: open a new Simple IRA (we use Fidelity and they will charge a $25 annua...
by 2pedals
Sun Dec 31, 2017 12:48 pm
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 138
Views: 27149

Re: How Do You Like My New 'Doo

So what happened in 2017? Why did my performance at 15.01% trail the blended 47% US Stocks/19% International Stocks/34% Bonds blended index which returned 16.39%. First is fee drag, my estimated fund and ETF fund ratios, trading commissions, and annuity expenses came out to 0.474%. My blended 47/19...
by 2pedals
Sat Dec 30, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement decision help!
Replies: 68
Views: 6075

Re: Retirement decision help!

My initial plan was to take the 3.2 million and create a simple portfolio with a 60-40% (60 in stock) or 50-50% asset allocation with Vanguard for my retirement. Periodically, quarterly or every 6 months withdraw a portion for my expenses. There is a better then average chance that i will work part...
by 2pedals
Sat Dec 30, 2017 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Retirement decision help!
Replies: 68
Views: 6075

Re: Retirement decision help!

I am in a very similar situation with very similar numbers as yours. Well over 1M savings and lump sum just over 1 million with an annuities of about 65K 100% J&S and 74K single life. My plan is to retire in early 2019. I believe I will be taking to 100% J&S. Like others have mentioned previously it...
by 2pedals
Fri Dec 29, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: How best to invest $8K per month?
Replies: 10
Views: 1847

Re: How best to invest $8K per month?

If this $8k is all taxable, I would do the following For your taxable account use all stocks and distribute at about 85% US total stock market index and 15% international index. Avoid bonds, CDs and anything that will add to your adjusted income in your taxable account. For your 401k and tIRA adjust...
by 2pedals
Wed Dec 27, 2017 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds Simple IRA Front End Load Fee of 5% when is it too much
Replies: 5
Views: 720

Re: American Funds Simple IRA Front End Load Fee of 5% when is it too much

That load is always too much. This plan is a Form 5305 SIMPLE, with American as the DFI (Designated Financial Institution) While subject to a certain amount of hassle, her solution is to establish a "transfer SIMPLE IRA" elsewhere. Upon her request American will have no choice but to transfer her S...
by 2pedals
Wed Dec 27, 2017 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds Simple IRA Front End Load Fee of 5% when is it too much
Replies: 5
Views: 720

American Funds Simple IRA Front End Load Fee of 5% when is it too much

DW is 57 years old has been investing ($15,500) in the American Balanced Fund with an ER = 0.60% with a front end load fee of 5%. No passive funds are available in the simple IRA. Employer contributes an nonelective (not matching, always 2%). contribution of 2%. I plan on retiring in 2019, she plans...
by 2pedals
Tue Dec 19, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: opinions requested on student college decision / financial related
Replies: 87
Views: 4436

Re: opinions requested on student college decision / financial related

Don't ignore the costs or room, board, transportation costs and materials, can be quite pricey as well. I would add ~15-20K for that as well, unless your daughter commutes to school. I had a similar situation but I wanted to send my daughter to a in state school but was overruled by DW and DD. She a...
by 2pedals
Mon Dec 18, 2017 9:12 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman and Small Cap Value
Replies: 90
Views: 8134

Re: Paul Merriman and Small Cap Value

I am nearing retirement with an AA of 40% stocks and 60% bonds and see no need for SCV specific risk in my portfolio. After I understand what my new life in retirement will be like, I then may add more risk and change my AA to 50/50 or something like that using the three-fund portfolio.
by 2pedals
Sun Dec 17, 2017 5:19 pm
Forum: Personal Consumer Issues
Topic: Which bike?? Please help.
Replies: 13
Views: 1287

Re: Which bike?? Please help.

The Trek 930 26er is the only single speed. I would go with that for only $50, not much can go wrong with that if in good condition.
by 2pedals
Sun Dec 17, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?
Replies: 34
Views: 3868

Re: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?

Unless you have some unique information to add to Bitconnect activities, you are bystander with no insider information. You know less than what the authorities already know.
by 2pedals
Sat Dec 16, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Two commas, I'm calling it
Replies: 20
Views: 4714

Re: Two commas, I'm calling it

Awesome 2 bits

Makes me happy to see good people making the club.
:sharebeer
by 2pedals
Thu Dec 14, 2017 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 5573

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

omg now SPY is 266.79 way below where I sold. The markets are completely insane. [Edit: never mind these quoted prices were fake because the market closed at 8PM EST] As a math major SPY of 266.79 should not be shocking, most of November was below 260. You should read this Scientific American artic...