Search found 2561 matches

by BigFoot48
Wed Sep 19, 2018 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Are Roth conversions a no-brainer for me?
Replies: 22
Views: 2165

Re: Are Roth conversions a no-brainer for me?

You might find the Retiree Portfolio Model very useful in running your numbers.

viewtopic.php?t=97352
by BigFoot48
Tue Sep 18, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: "Taking" RMDs
Replies: 18
Views: 1599

Re: "Taking" RMDs

When mine starts next year, I will be selling Vanguard Total Bond fund in December and buying Total Bond and/or Vanguard Tax-Exempt Bond fund in the taxable account. Exactly what I have been doing for my 92-YO MIL for many years.
by BigFoot48
Sat Sep 08, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

Version 18.2 of the Retiree Portfolio Model model is now available. This update corrects a calculation error in state income taxes for the bracket method as reported by BH ohyeah. At some income and bracket settings the second bracket formula was overstating state taxes (in the Example case by 22%),...
by BigFoot48
Thu Sep 06, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

When using the state income tax brackets (my state has 3), I noticed that the middle bracket would include the lower bracket in its calculation. I'm glad you like it and thanks for this report on a possible problem. I took a quick look at the state tax calculation and it appears to be calculating c...
by BigFoot48
Thu Sep 06, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: Phone Calls from Windows saying computer has Malware
Replies: 40
Views: 2076

Re: Phone Calls from Windows saying computer has Malware

I recommend and use the free Nomorobo service (if your phone company supports it) which significantly cuts down on junk calls. https://www.nomorobo.com/
by BigFoot48
Thu Sep 06, 2018 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

Great news and thanks for reporting the solution, one that I didn't think of. Using a 32 or 64 bit program should not matter for this model.
by BigFoot48
Wed Sep 05, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

So now for your lasted challenge, RPM 18.1 is crashing on me and then reopens with the file name changing from xxx.xlsm to xxx.xlsb. This has happened few times so in troubleshooting I did the following: .... I'm running Windows 10 with current patches always automatically applied. My Excel is part...
by BigFoot48
Thu Aug 30, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: high RMD withdraw from 401k question
Replies: 31
Views: 3302

Re: high RMD withdraw from 401k question

raaizin wrote:
Tue Aug 28, 2018 6:43 pm
Is there any calculators which could help me decide what optimum withdrawl amount would be.
You might try my Excel Retiree Portfolio Model as it includes most of the factors you are dealing with. Retiree Portfolio Model
by BigFoot48
Wed Aug 29, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 11727

Re: How do you 7 figure guys organize multiple accounts?

Hulk wrote:
Tue Aug 28, 2018 9:01 am
I attempt a 4 fund portfolio across 5 brokerage companies and 3 banks. Would love to simplify but not so easy
I have everything with Schwab. Just take that first step and move everything possible to a single brokerage and enjoy the ease of access.
by BigFoot48
Sat Aug 25, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Costco business credit card
Replies: 13
Views: 947

Re: Costco business credit card

I've been unable to confirm that there's no Federal law protecting business cards but it may allow a $500 limit as shown here: Generally, consumer credit cards have more protections on them, but even with a business credit card, as long as you contact your credit card company within 48 hours, the mo...
by BigFoot48
Sat Aug 25, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Costco business credit card
Replies: 13
Views: 947

Re: Costco business credit card

I investigated the liability for unauthorized charges for the Business card online at Citibank and found this statement: "$0 liability for unauthorized charges means you will not be liable for unauthorized charges on your account." This was found on the "Costco Anywhere Visa® Business Card by Citi" ...
by BigFoot48
Thu Jul 26, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 824
Views: 89456

Re: [What TV Show Have You Recently Watched?]

Dark Tourist on Netflix is interesting, showing sites and people around the world that are unusual, unique and occasionally a bit grim. The host, from New Zealand, claims to be seeking out the “mad, macabre, and morbid” and generally succeeds. Eight parts.
by BigFoot48
Sat Jul 21, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 9088

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

As a Mobil retiree I sold my last 100 shares years ago as I transition to a simplified, diversified Bogleheads portfolio. I have a digital copy of a Mobil stock certificate but any sentimentality I have is with my former co-workers and the work experiences. Sell the stock to those who want the risk ...
by BigFoot48
Fri Jul 20, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

Question: I am currently receiving RMDs from a traditional IRA inherited from my mom about 16 years ago and wonder how to model it in RPM. Apparently RPM does not model an IRA in the past. Seems like I need to set this up as though it was inherited this year and RMDs start next year. Is that correc...
by BigFoot48
Fri Jul 13, 2018 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: massive Roth conversion
Replies: 39
Views: 3327

Re: massive Roth conversion

Dottie57 wrote:
Fri Jul 13, 2018 2:23 pm

Will this run on Mac which does not have Visual Basic for applications?
Sorry, but I don't know, but the model can be used without the Visual Basic macros which are just used for navigating and clearing entries.
by BigFoot48
Fri Jul 13, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: massive Roth conversion
Replies: 39
Views: 3327

Re: massive Roth conversion

Put your numbers in the Retiree Portfolio Model to get an estimate of what the gutting might be during conversions, or after 70 during RMD years. It now includes an estimate of the impact of high income on Medicare premiums.
by BigFoot48
Sun Jul 08, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Checkbook balancing software?
Replies: 31
Views: 1886

Re: Checkbook balancing software?

I'm still using Microsoft Money Plus Deluxe after many years. It's free to download but no longer updated which isn't an issue in doing check reconciliation. That feature works very well and makes it easy to do in about 1 minute (many entries are entered automatically via the Bills feature.) My 92-Y...
by BigFoot48
Wed Jul 04, 2018 10:28 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 824
Views: 89456

Re: [What TV Show Have You Recently Watched?]

"A Very English Scandal", a 3-part BBC true story starring Hugh Grant, was very good. Amazon Prime

3-part, not 4 per correction
by BigFoot48
Sun Jun 24, 2018 9:21 am
Forum: Personal Consumer Issues
Topic: Fixing drip irrigation line
Replies: 13
Views: 1002

Re: Fixing drip irrigation line

I have drip irrigation all over the yard, most inherited and some I installed. It's all buried 4"-12". The older tubing lines randomly starts leaking a few times a year, requiring cutting out the leaking area and installing a coupling or a larger segment of tubing and using two couplings. The most w...
by BigFoot48
Sat Jun 23, 2018 8:49 am
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 11187

Re: I-bonds look pretty bad right now

I cashed-in my modest holding of i-bonds a few years ago when I finally evolved to having a 3-fund portfolio. (Thank you Taylor!) I also realized that i-bonds would never be more than a few percent of my portfolio because of the annual limit on purchases, and holding an investment that is less than ...
by BigFoot48
Thu Jun 14, 2018 7:34 am
Forum: Personal Consumer Issues
Topic: 2010 Toyota Highlander Heater and AC
Replies: 3
Views: 434

Re: 2010 Toyota Highlander Heater and AC

You might want to post your question at Toyota Nation. Lots of knowledgeable Highlander people there. http://www.toyotanation.com/forum/122-h ... 2008-2013/
by BigFoot48
Sun Jun 10, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Help for my Mom - She's 86
Replies: 10
Views: 992

Re: Investing Help for my Mom - She's 86

I manage my age 90 mother-in-law's portfolio and have her in 20% Total Stock Market and 80% Total Bond and Tax-Exempt Bond (return of 7.3% in 2017), but think retiredjg's suggestion of Vanguard's LifeStrategy Income fund is an excellent idea to keep it simple. If you or her want to keep managing the...
by BigFoot48
Sat Jun 02, 2018 4:27 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 824
Views: 89456

Re: [What TV Show Have You Recently Watched?]

Just finished the Netflix import "Stranger", which is a South Korean crime drama with sub-titles. 18 long episodes so its a big of a ordeal but a very good show on murder and corruption, with excellent acting. Also offers an interesting glimpse into S Korea for those of us who haven't been there.
by BigFoot48
Thu May 31, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Writing Checks on a Schwab IRA
Replies: 22
Views: 1336

Re: Writing Checks on a Schwab IRA

Looks like the QCD feature is fairly new, and is limited to 5 checks a month: To make it easier for your clients to make charitable donations from their IRA accounts, Schwab will roll out a new IRA Checkwriting feature on November 15, 2017, that will allow clients to write checks from their IRA acco...
by BigFoot48
Thu May 31, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Writing Checks on a Schwab IRA
Replies: 22
Views: 1336

Re: Writing Checks on a Schwab IRA

Here's an thread from 2016 on Fidelity's check writing feature: viewtopic.php?t=202913 and 2017 on Vanguard's/etc.: viewtopic.php?t=224379
by BigFoot48
Thu May 31, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Writing Checks on a Schwab IRA
Replies: 22
Views: 1336

Writing Checks on a Schwab IRA

I just got an email from Schwab concerning a new IRA check writing feature they have created. The most interesting thing is apparently the ability to write checks for qualified charitable distributions without having to have Schwab do it. This would make giving numerous smaller contributions much ea...
by BigFoot48
Thu May 31, 2018 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

Bigfoot - just a general thank you and to say that your RPM tool has been very valuable to us and many others. Thanks very much! And I want to thank the many Bogleheads who have contributed extremely useful features to it that were beyond my Excel knowledge base, and all the error reports that help...
by BigFoot48
Thu May 31, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

jkrm wrote:
Thu May 31, 2018 8:31 am
I just noticed an odd thing. If I enter manual withdrawals (cell E139 of the setup tab), then all withdrawals from IRA1 abruptly stop when I turn 80 (column V, rows 85 - 89 of the Details tab).
I suspect your IRA1 has a zero balance by age 80. What is shown in Setup J139 - Ending Balance?
by BigFoot48
Wed May 30, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: 15% rate of return in last 15 years can I expect the same in next 16 years
Replies: 39
Views: 4252

Re: 15% rate of return in last 15 years can I expect the same in next 16 years

I see on madsinger's 2017 annual summary of returns that VFINX: Vanguard 500 Index Fund Investor had a 6.07% CAGR since 1999. I use 5% nominal.
by BigFoot48
Tue May 29, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

Does anyone know if it is possible for the model to use IRA2 for Roth conversions once IRA1 completely converted or doesn't have enough funds for desired conversion? I'm afraid not. A solution is to add to IRA1 the extra amount desired, reducing IRA2 balance. Or just completely combine them for thi...
by BigFoot48
Sat May 26, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

Any chance there will be a versions that includes as an input, the cost basis of taxable account and takes into consideration the capital gains tax paid on withdrawals from such an account, as well as its impact on Roth conversion tax rates. This seems like it would change the Roth Conversion analy...
by BigFoot48
Mon May 14, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

Exemptions bug. Thanks for reporting that bug and its been fixed! Personal Federal exemptions are not used beginning in 2018, but the age checking has been fixed to require the starting age to be greater than Your starting age and the ending age less than Your ending age. The extra exemptions are n...
by BigFoot48
Mon May 14, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: Total Bond - SEC yield breaks 3%
Replies: 104
Views: 13324

Re: Total Bond - SEC yield breaks 3%

It's not all that bad. If you used the mutual fund instead of the ETF (using total bond market index fund VBTLX) you would be up $13.78 instead :wink: I happen to have 60% of my portfolio in the Vanguard Total Bond ETF, which I moved to from the mutual fund as I'm with Schwab and was annoyed by wha...
by BigFoot48
Sun May 13, 2018 8:16 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 824
Views: 89456

Re: Netflix, Your Current Favorite Show

Just finished the 8-part "Safe" UK series. Well acted, interesting missing person/crime drama.
by BigFoot48
Sun Apr 15, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model - SPIA Exclusion Ratio

I could use a little direction regarding the Exclusion Ratio for a SPIA purchase. I have reviewed several annuity offerings and each have a different method for defining the taxable portion. One in particular states the monthly payment is $2376 and the taxable portion is $323 per month. Based on th...
by BigFoot48
Sun Apr 15, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

When I tried to use the "clear entry macro" I get an error (1004) "the cell or chart is on a protected sheet ". The debug shows it to be at: !special events Range("G156:J156").Select Sorry about that! Fixed. I failed to test the clear macro with page protection turned on and it faulted on those cel...
by BigFoot48
Sun Apr 15, 2018 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

Hello, I assume RPM account balances are nominal (inflated dollars). Is there an easy way to display them in real (non-inflated) dollars? Thank you. You can set the inflation rate to 0% (Section 5 - Expenses), and the tax rate/bracket escalator to 0% (Rax Tables page), and enter your earnings rates...
by BigFoot48
Sun Apr 15, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

Version 18.1 of the Retiree Portfolio Model model is now available. This update adds new features along with other improvements and updates. Calculated results have not changed from 18.0 so only those who would like to use one of the new features need to download it. Note: the model was updated as ...
by BigFoot48
Thu Mar 29, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: IRMAA and Roth Conversions
Replies: 21
Views: 1453

Re: IRMAA and Roth Conversions

The best way I have found to deal with making this decision is using BigFoot's RPM spreadsheet. You can model the Roth conversions over the years. It is not as simple as pushing a button, but it is the best tool I know of to help you get to the optimum solution. It does require that you put some wo...
by BigFoot48
Sun Mar 11, 2018 4:47 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 824
Views: 89456

Re: Netflix, Your Current Favorite Show

Money Heist, a Spanish sub-titled crime drama is good, although Netflix has split it into 2 "seasons", leaving us hanging.
by BigFoot48
Sun Mar 11, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Should I Take MY RMD Now Or Wait Until Later In The Year?
Replies: 20
Views: 1927

Re: Should I Take MY RMD Now Or Wait Until Later In The Year?

I've been doing my widowed mother-in-law's for the past 8 years in December, which is what my FIL did. The advantage I see is that the tax withholding amount for the year can be included in it, delaying that expenditure as late as possible and allowing earnings to made on that amount during the year...
by BigFoot48
Thu Mar 08, 2018 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Roth multi-year conversion plan: inputs requested
Replies: 25
Views: 2704

Re: Roth multi-year conversion plan: inputs requested

(6) Is there a good place to look for or post Q&A on the Retiree Portfolio Model? It was very useful, but there are some aspects that I don’t quite get, even after looking at the ReadMe section of the model. Sorry about that! If it's a general question that you think other users might benefit from ...
by BigFoot48
Wed Mar 07, 2018 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Simple Two Fund Portfolio vs. Diversified
Replies: 14
Views: 2015

Re: Simple Two Fund Portfolio vs. Diversified

Stay simple with a two or three fund portfolio and use its total return as your "income drivers".
by BigFoot48
Mon Mar 05, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Best options for cash in Schwab brokerage accounts?
Replies: 47
Views: 10053

Re: Best options for cash in Schwab brokerage accounts?

One frustration I have with Schwab is that excess cash isn't automatically put into a 'sweep account', you have to literally put in a purchase order to move your cash into SWVXX for example (they treat it like buying a 'mutual fund'). Yes, that is the annoyance that comes with this change. For abou...
by BigFoot48
Mon Mar 05, 2018 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Best options for cash in Schwab brokerage accounts?
Replies: 47
Views: 10053

Re: Best options for cash in Schwab brokerage accounts?

In February Schwab changed the vehicle the cash in my brokerage and IRA accounts are automatically invested in from Schwab Cash Reserves Sweep to the FDIC-insured Bank Sweep. (They had sent me two letters saying this was coming.) The result is that cash is now earning 0.12% vs. the 0.88% it previous...
by BigFoot48
Thu Mar 01, 2018 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Retiring Early
Replies: 22
Views: 6761

Re: Retiring Early

My wife and I have a combined $2M worth of investment spread across 401K, IRA, and taxable account. ... Can $2M generate enough monthly interest to support our very low maintenance lifestyle? My 40/60% 3-fund portfolio is somewhat below yours and I don't re-invest distributions of dividends, capita...
by BigFoot48
Mon Feb 26, 2018 9:07 am
Forum: Investing - Help with Personal Investments
Topic: 66 yr old Woman Needs HELP!
Replies: 68
Views: 4222

Re: 66 yr old Woman Needs HELP!

I'm 69 and my portfolio is at 40% Total Stock and 60% Total Bond. If you want 30% (not 30 stocks everyone!), just do it as its better than 0%. I don't think you need to hire yet another advisor to adopt the 3-Fund portfolio and its highly unlikely they would recommend it. You may want to consider th...
by BigFoot48
Mon Feb 19, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 416
Views: 161584

Re: Retiree Portfolio Model

I purchased "Office 2016 for Mac" from Amazon for $130. .. With all the latest updates applied Excel on Mac works very well. It's considerably quicker than LibreOffice and has better support for Apple's Retina graphics. That's very good to learn as there have been a number of Mac users over the yea...
by BigFoot48
Wed Feb 14, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Helping Mom with Taxes
Replies: 49
Views: 3090

Re: Helping Mom with Taxes

One still is advised to collect the previous returns to see what all the items are that need to be gathered for input. Agree, and Turbotax produces nice PDFs of the returns that make it easy to store and use for comparisons. And TT shows the prior year amounts for each entry on the input screens wh...
by BigFoot48
Wed Feb 14, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Helping Mom with Taxes
Replies: 49
Views: 3090

Re: Helping Mom with Taxes

I do my 90 YO MIL's taxes every year using Turbotax. It's a trivial effort as nothing much changes from year-to-year and importing the prior year return provides prompts for most all the items. I finish it at her house as we mail-in the state return to avoid the fee but both returns could be done re...