Search found 1207 matches

by 2pedals
Sat Sep 26, 2020 5:19 pm
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 97
Views: 7396

Re: Buckets in Retirement

We can learn a lot from reading sheepdog's post that started in Oct, 2008. I believe in retirement many people can feel more vulnerable to prolonged market drops, loss of income sources from employment and health care issues. Using LMP/bucket approach for at least some liabilities helps reduce some...
by 2pedals
Sat Sep 26, 2020 11:27 am
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 97
Views: 7396

Re: Buckets in Retirement

We can learn a lot from reading sheepdog's post that started in Oct, 2008. I believe in retirement many people can feel more vulnerable to prolonged market drops, loss of income sources from employment and health care issues. Using LMP/bucket approach for at least some liabilities helps reduce some ...
by 2pedals
Thu Sep 24, 2020 9:26 pm
Forum: Investing - Theory, News & General
Topic: Stock Market Recent Sell Off Mystery
Replies: 67
Views: 6619

Re: Stock Market Recent Sell Off Mystery

I don't see a mystery it's just the way the stock market behaves. The price of the securities can change dramatically over a short time period in either direction and the so called experts don't know why and can't predict what will happen next.
by 2pedals
Tue Sep 22, 2020 9:47 pm
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced bourbon?
Replies: 207
Views: 22508

Re: What is your favorite reasonably priced bourbon?

Samuel Grant sold by Safeway
by 2pedals
Tue Sep 22, 2020 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: In-network provider refusing service if we use insurance
Replies: 122
Views: 6511

Re: In-network provider refusing service if we use insurance

Follow up again: wife called the office and said we will pay out of pocket. The doctor is now refusing the service even if we pay. WOW. I'm just completely blown away by the series of events here. After reading all of the posts here, my goal was to find a resolution and not to file any complains. S...
by 2pedals
Mon Sep 21, 2020 10:44 pm
Forum: Personal Consumer Issues
Topic: Why buy medical insurance ?
Replies: 113
Views: 7295

Re: Why buy medical insurance ?

What makes everyone think rates are "negotiated?" Okay what is it then, down east dickering? The insurance provides a contract of adhesion. They don't negotiate unless you are a university or hospital. The way I see it: They call a union contract before the signing a negotiation. The contract is bi...
by 2pedals
Mon Sep 21, 2020 10:15 pm
Forum: Personal Consumer Issues
Topic: Why buy medical insurance ?
Replies: 113
Views: 7295

Re: Why buy medical insurance ?

toofache32 wrote: Mon Sep 21, 2020 10:08 pm What makes everyone think rates are "negotiated?"
Okay what is it then, down east dickering?
by 2pedals
Mon Sep 21, 2020 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: In-network provider refusing service if we use insurance
Replies: 122
Views: 6511

Re: In-network provider refusing service if we use insurance

I would be tempted to get the shot, get a doctors office receipt for the shot and file a claim with my insurance company explaining that the doctor refused to file a claim and provide for this service unless I was billed directly. The doctors office would then have some "splainin" to do.
by 2pedals
Fri Sep 18, 2020 5:25 pm
Forum: Personal Investments
Topic: Decision time...to lump sum or not to lump sum
Replies: 24
Views: 2195

Re: Decision time...to lump sum or not to lump sum

Since you have waited to retire, did your ratio of lump sum payout to pension go up? If your pension is defined by a formula, your lump sum payout might have gone up relative to your pension since the current lower interest rates have made annuities more expensive. If you pick the 100% J&S pension y...
by 2pedals
Fri Sep 18, 2020 3:26 pm
Forum: Personal Consumer Issues
Topic: Anyone REGRET retiring too soon?
Replies: 67
Views: 13057

Re: Anyone REGRET retiring too soon?

No regrets, I have been retired almost 2 years ago and I can't believe how fast the time has gone by. Covid-19 has changed traveling plans but DW and I are still having fun.
by 2pedals
Wed Sep 16, 2020 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 20646

Re: Preparing for retirement in mid 30s

How realistic is your budget? How long have you been tracking? Have you taken lumpy expenses, like car repairs, into account? What adjustments have you made for the lifestyle change? I learned an effective budgeting trick in college. Track all of your spending and if you go over your spending level...
by 2pedals
Wed Sep 09, 2020 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Dog Bite Case (for real - and I own the dog)
Replies: 56
Views: 7527

Re: Dog Bite Case (for real - and I own the dog)

Legendary Texas lawyer Richard "Racehorse" Haynes describing how he defends somebody whom everybody knows is guilty: "Say you sue me because you say my dog bit you. Well, this is my defense: My dog doesn't bite. And second, in the alternative, my dog was tied up that night. And third, I don't belie...
by 2pedals
Mon Sep 07, 2020 11:34 pm
Forum: Investing - Theory, News & General
Topic: Foreign Allocation
Replies: 36
Views: 2138

Re: Foreign Allocation

<--- snip ----> Is this discussed in the Boglehead Wiki at all? (I couldn't find anything). Are there any good resources for this topic? I know the % foreign recommendation has been all over the place over the years but it would be nice to bound the range, while using a consistent definition. Thank...
by 2pedals
Sat Sep 05, 2020 4:30 pm
Forum: Personal Investments
Topic: Updated Portfolio Review
Replies: 10
Views: 769

Re: Updated Portfolio Review

It's a major shame that the 401k funds available have all high ERs. No US index or S&P 500 index funds to pick from adding to the frustration. Does any of these have high load fees as well? I can't fault the picks given the choice of multiple high ERs. I noticed that you have mixed bonds & stocks by...
by 2pedals
Fri Sep 04, 2020 10:03 am
Forum: Personal Consumer Issues
Topic: How to revive a dead deep cycle battery?
Replies: 20
Views: 1312

Re: How to revive a dead deep cycle battery?

There's "mostly dead" and "all dead" -- Billy Crystal, in the movie The Princess Bride
by 2pedals
Wed Sep 02, 2020 11:18 pm
Forum: Investing - Theory, News & General
Topic: Chase performance all you want.. it doesn't need to matter
Replies: 111
Views: 8102

Re: Chase performance all you want.. it doesn't need to matter

You should stop chasing performance and start living your life :P
by 2pedals
Wed Sep 02, 2020 4:47 pm
Forum: Personal Investments
Topic: Best choice for Fidelity money market funds – which fund?
Replies: 14
Views: 1172

Re: Best choice for Fidelity money market funds – which fund?

drk wrote: Wed Sep 02, 2020 4:41 pm
zie wrote: Wed Sep 02, 2020 4:19 pm FTEXX seems to be the best paying at the moment, that's where my cash @ Fidelity is right now.
True. On an after-tax basis it's paying me a whopping 35% more than the Government or Treasury money funds. 8-)
Since the OP is a 401k plan (pre-tax) the OP will not realize this after-tax basis.
by 2pedals
Wed Sep 02, 2020 3:23 pm
Forum: Personal Investments
Topic: Best choice for Fidelity money market funds – which fund?
Replies: 14
Views: 1172

Re: Best choice for Fidelity money market funds – which fund?

I don't see much difference. Yields are stuck at nearly identically low values, so I would go with treasury or government for hopefully slightly better quality.

https://www.fidelity.com/mutual-funds/f ... unds-fcash
by 2pedals
Tue Sep 01, 2020 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: What are the drawbacks to an Immediate Annuity (SPIA)?
Replies: 47
Views: 2981

Re: What are the drawbacks to an Immediate Annuity (SPIA)?

If you plan on doing partial annual Roth conversions early in retirement, I would wait to purchase until you have all of the conversions completed. Lower income in early retirement will allow for more Roth conversions at an effective lower tax rate. I like many things that Wade Pfau writes about in ...
by 2pedals
Mon Aug 31, 2020 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity sent information packet about my Solo 401k to my wife
Replies: 28
Views: 3333

Re: Fidelity sent information packet about my Solo 401k to my wife

Maybe because your spouse legally has the ability to make contributions to the solo 401k, if your spouse is involved in the business and earns compensation from it, he/she can contribute to the Solo 401k plan. I would call Fidelity and ask why the information packet was sent to DW or better yet have...
by 2pedals
Sat Aug 29, 2020 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity sent information packet about my Solo 401k to my wife
Replies: 28
Views: 3333

Re: Fidelity sent information packet about my Solo 401k to my wife

I don't find it strange. Plans are set up for participants and their beneficiaries.
by 2pedals
Sat Aug 29, 2020 11:45 am
Forum: Personal Consumer Issues
Topic: Digitizing VHS ....
Replies: 8
Views: 562

Re: Digitizing VHS ....

We purchased the DIGITNOW Video Capture Converter from Amazon and converted all of our family VHS tapes. It was inexpensive and worked well. We placed a laptop and the tv room. Whenever we were watching news or netflix we started the converter. It took a while to convert but it was simple and painle...
by 2pedals
Wed Aug 26, 2020 2:50 pm
Forum: Investing - Theory, News & General
Topic: Bear Cub Smells Bubble
Replies: 406
Views: 29708

Re: Bear Cub Smells Bubble

In 2000, we had the dot-com bubble. In 2007, we had the housing bubble.

We are having different kind of bubbles all the time. But what happens if we have three big bubbles meet at the same place? You get something that looks like 000
by 2pedals
Mon Aug 17, 2020 11:11 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving Seattle or Vancouver, WA
Replies: 88
Views: 6250

Re: Thinking of moving Seattle or Vancouver, WA

Image

Don't come to the PNW, it rains almost everyday. :wink:
by 2pedals
Sun Aug 16, 2020 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: How much house to buy in Seattle?
Replies: 30
Views: 3066

Re: How much house to buy in Seattle?

Also keep in mind that the cost to repair anything in Seattle is RIDICULOUS. I currently live in the Puget sound area, now for over 30 years. What you say is true, it very hard to find good help that is reasonably priced. I have learned to do things that I would rather not do because of the cost an...
by 2pedals
Sat Aug 15, 2020 10:38 pm
Forum: Investing - Theory, News & General
Topic: The 0.5% Rule (SWR) [Safe Withdrawal Rate]
Replies: 419
Views: 24299

Re: The 0.5% Rule (SWR)

0.5% as the new 4% SWR a bunch of malarkey. 200x spending is morbidly obese FIRE.
by 2pedals
Sat Aug 15, 2020 4:09 pm
Forum: Investing - Theory, News & General
Topic: Kitces on Roth Conversions vs. Harvesting Capital Gains
Replies: 169
Views: 10403

Re: Kitces on Roth Conversions vs. Harvesting Capital Gains

This is a very interesting thread. I think lumpy expenses in retirement is a big deal but I didn't see a direct discussion. Roth conversions should help pay for lumpy expenses so that someone doesn't bump up into a higher tax bracket. Harvesting capital gains a few years before an expected lumpy ex...
by 2pedals
Sat Aug 15, 2020 10:27 am
Forum: Investing - Theory, News & General
Topic: Kitces on Roth Conversions vs. Harvesting Capital Gains
Replies: 169
Views: 10403

Re: Kitces on Roth Conversions vs. Harvesting Capital Gains

This is a very interesting thread. I think lumpy expenses in retirement is a big deal but I didn't see a direct discussion. Roth conversions should help pay for lumpy expenses so that someone doesn't bump up into a higher tax bracket. Harvesting capital gains a few years before an expected lumpy exp...
by 2pedals
Tue Aug 11, 2020 2:33 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads blog: a new rebalancing study
Replies: 143
Views: 10988

Re: Bogleheads blog: a new rebalancing study

I am curious to understand the annualized volatility of the portfolio balance of each rebalancing method for comparison purposes. Knowing the maximum drawdown might also be useful.[...] Got it. Based on previous feedback, I already added drawdown math and updated my stats, but not yet the blog cont...
by 2pedals
Mon Aug 10, 2020 5:12 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads blog: a new rebalancing study
Replies: 143
Views: 10988

Re: Bogleheads blog: a new rebalancing study

I am curious to know how the rebalancing method historically effected the volatility? At what point does volatility have a material change (semi annual, 1 year, 2 year, 5 year or 10 year rebalancing)? Thank you for coming back to rebalancing, this thread was side-tracking... I don't understand your...
by 2pedals
Mon Aug 10, 2020 2:11 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads blog: a new rebalancing study
Replies: 143
Views: 10988

Re: Bogleheads blog: a new rebalancing study

I am curious to know how the rebalancing method historically effected the volatility? At what point does volatility have a material change (semi annual, 1 year, 2 year, 5 year or 10 year rebalancing)?
by 2pedals
Sun Aug 09, 2020 4:05 pm
Forum: Investing - Theory, News & General
Topic: Think no one can beat the index?
Replies: 158
Views: 15306

Re: Think no one can beat the index?

Active management has produced underwhelming results. I expect to see similar long term underwhelming results in the future based on higher active management costs. Nobody knows which individual fund will justify their higher management costs, but the odds are you will not be invested in that indivi...
by 2pedals
Wed Aug 05, 2020 11:21 pm
Forum: Investing - Theory, News & General
Topic: When and how often do you rebalance?
Replies: 53
Views: 2724

Re: When and how often do you rebalance?

I am letting my percentage of equity in my allocation float with a limit. I plan to sell equity when my account value in equity goes over 120% over what I started with when I retired. Also if my equity goes over 65% before age 65 and 70% after I reach 70 years old will I rebalance to limit risks in ...
by 2pedals
Mon Aug 03, 2020 11:15 pm
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!
Replies: 279
Views: 14842

Re: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!

TheDDC wrote: Mon Aug 03, 2020 10:57 pm The lump sum is a good option. With my pension (state) I have the option of taking a partial lump sum while receiving a monthly payout upon retirement which is the best of both worlds. Do they have that option?

-TheDDC
A partial lump sum is not available at this mega corp.
by 2pedals
Mon Aug 03, 2020 10:33 pm
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!
Replies: 279
Views: 14842

Re: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!

My previous colleagues that are retiring today from a mega corp are offered a lump sum or a non-COLA pension (single life, 50% J&S, 75% J&S or 100% J&S annuities). The lump sum is valued based on mortality tables and segment rates published in Nov. by the IRS. The higher the segment rates the lower ...
by 2pedals
Sun Aug 02, 2020 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: USPS insurance claim.
Replies: 22
Views: 1728

Re: USPS insurance claim.

USPS has rejected my first 2 tries. I have one final try left. I don't try that hard, my US mail postal office is very bad. One day I asked my adult daughter to pick up our mail our family placed on hold. The postal office said her drivers license was fake and was temporary held for the police to s...
by 2pedals
Thu Jul 30, 2020 10:48 pm
Forum: Personal Investments
Topic: 28 year old with $1.4 million in cash investing for the first time. My thoughts.
Replies: 72
Views: 10289

Re: 28 year old with $1,4 million in cash investing for the first time. My thoughts.

What are your expenses? I can't see 1.4 million lasting very long since living expenses tend go up as you age. I would do whatever I could to produce stable income through a business or a job.
by 2pedals
Thu Jul 30, 2020 10:36 pm
Forum: Personal Consumer Issues
Topic: Speed bump in front of your house — affect on home value
Replies: 54
Views: 4022

Re: Speed bump in front of your house — affect on home value

Whenever a set of speed bumps are placed in my neighborhood the traffic pattern changes. We are on a side street but the traffic flows has increased since the other nearby street now has speed bumps. I am not too pleased about it. Having said that I wouldn't want a speed bump in front of my house ei...
by 2pedals
Sat Jul 25, 2020 11:40 pm
Forum: Investing - Theory, News & General
Topic: 0.00% Yield on the Vanguard Short-Term Treasury Fund
Replies: 203
Views: 16025

Re: 0.00% Yield on the Vanguard Short-Term Treasury Fund

Before the drop in bond yields this year, I was planning to transfer my 401k to an tIRA to simplify my investments for DW if I predecease her. For tax reasons I waited to transfer. I'm curious what the "tax reasons" could be for delaying such a transfer? I converted all my tIRA to Roth. The tIRA th...
by 2pedals
Sat Jul 25, 2020 9:57 pm
Forum: Investing - Theory, News & General
Topic: 0.00% Yield on the Vanguard Short-Term Treasury Fund
Replies: 203
Views: 16025

Re: 0.00% Yield on the Vanguard Short-Term Treasury Fund

I have most of my "bonds" invested in a stable value fund offered in my 401k plan currently yielding 2.4%. Many stable value funds currently offer much better yields than CDs, money market, high yield savings and short and intermediate term bond funds. Before the drop in bond yields this year, I was...
by 2pedals
Sun Jul 19, 2020 9:25 pm
Forum: Investing - Theory, News & General
Topic: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.
Replies: 112
Views: 9620

Re: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.

There are three parts to successful investing over the long run: 1) Philosophy - Whether you believe a passive approach is better than an active approach. These are universal concepts. 2) Strategy - How you should create an investment portfolio based on your particular needs. This is unique to each...
by 2pedals
Sat Jul 18, 2020 9:32 am
Forum: Personal Consumer Issues
Topic: When to take a sabbatical year (as my kids grow up)
Replies: 29
Views: 2517

Re: When to take a sabbatical year (as my kids grow up)

No way would I recommend taking your kid(s) on a thru-hike on the pacific crest trail for 4-6 months, if that is your plan. Many very fit adults try this but can't finish for various reasons and many are not enjoyable. I knew an ex-colleague that tried it and he got very sick, injured and ended up i...
by 2pedals
Wed Jul 15, 2020 6:29 pm
Forum: Personal Investments
Topic: 2% Real Returns, 2% inflation reasonable for estimating?
Replies: 42
Views: 2646

Re: 2% Real Returns, 2% inflation reasonable for estimating?

I think I would use 3% real for 60/40 asset allocation. 2% inflation is reasonable. Just curious, what modeling tool(s) are you using, is this your own cooking? Hopefully you are not biased and cooking your own books. I like bigfoots48's Retiree Portfolio Model (RPM). You should probably start with ...
by 2pedals
Tue Jul 14, 2020 9:52 pm
Forum: Personal Consumer Issues
Topic: Provider In-Network/Out-of-Network Switcharoos
Replies: 8
Views: 804

Re: Provider In-Network/Out-of-Network Switcharoos

Yah, good luck. I went to the ER with chest pain. I already have cardiac history with a slew of stents. My wife is a case manager, so is more qualified than almost anyone on earth to keep me in network and she brought me in. I was admitted for observation and then transferred to another hospital (I...
by 2pedals
Tue Jul 14, 2020 2:33 pm
Forum: Personal Consumer Issues
Topic: Provider In-Network/Out-of-Network Switcharoos
Replies: 8
Views: 804

Re: Provider In-Network/Out-of-Network Switcharoos

....I just contacted the insurance company. The service date was 6/3 but the doctor became in-network on 6/15. The insurance company said the clinic probably should not have set me up with an out-of-network doctor. They said I was victim of some really bad timing. I wasn't trying to time anything. :...
by 2pedals
Tue Jul 14, 2020 1:30 pm
Forum: Personal Consumer Issues
Topic: Provider In-Network/Out-of-Network Switcharoos
Replies: 8
Views: 804

Re: Provider In-Network/Out-of-Network Switcharoos

I'm a surgeon and also a patient, so I have seen both sides of these scenarios. I am very suspicious and distrustful of everyone by nature. Most surgical procedures have what the insurance world calls a "90 day global" period. This means all follow-up visits for 90 days are included in the surgical...
by 2pedals
Mon Jul 13, 2020 10:10 pm
Forum: Personal Consumer Issues
Topic: Provider In-Network/Out-of-Network Switcharoos
Replies: 8
Views: 804

Re: Provider In-Network/Out-of-Network Switcharoos

ScubaHogg Yes this is a problem, the only thing we can do is ask the providers and insurance company everything and don't assume anything. I think this one is on me because I didn't check before the post op exam was performed only because I assumed the clinic would be all in-network (they were two y...
by 2pedals
Mon Jul 13, 2020 9:21 pm
Forum: Personal Consumer Issues
Topic: Provider In-Network/Out-of-Network Switcharoos
Replies: 8
Views: 804

Provider In-Network/Out-of-Network Switcharoos

Two years ago I have cataract surgery for both right and left eyes at the local eye surgery center. BCBS insurance covered the surgery as in-network for both surgeries and all post op exams. I saw two different ophthalmologists since the post op doctor was different for one of the post op exams. Thi...
by 2pedals
Sat Jul 11, 2020 4:40 pm
Forum: Personal Consumer Issues
Topic: Bike upgrade recs?
Replies: 51
Views: 2826

Re: Bike upgrade recs?

There is nothing wrong with a bike that is a bit heavy, they make for good training and can be very durable if built right. If you want to go on longer rides it takes time to work up to it. At first the longer rides will feel uncomfortable but you will get used to it as your conditioning changes. Ri...
by 2pedals
Wed Jul 08, 2020 10:40 pm
Forum: Investing - Theory, News & General
Topic: Does it really matter when you claim Social Security
Replies: 109
Views: 9364

Re: Does it really matter when you claim Social Security

I believe that Medicare, medigap, drug and possible end of life costs is "the big elephant in the room". Taking SS at 70 for longevity insurance is a good way to help reduce some risks in my opinion.