Search found 4016 matches

by RadAudit
Tue May 11, 2021 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: What prompted you to pull the plug and retire?
Replies: 100
Views: 8103

Re: What prompted you to pull the plug and retire?

Guess it was just time.

I was past 62 and had "enough". Mom died about a year prior and I had just finished up distributing the estate.
by RadAudit
Mon May 10, 2021 11:17 am
Forum: Personal Finance (Not Investing)
Topic: If your net worth is over $3 million, how did you do it?
Replies: 589
Views: 150485

Re: If your networth is over $3 million, how did you do it?

I worked in the defense industry for 39 years and never made a 6 figure income. Started saving / investing at 1% / year after the first year of work out of grad school. Got savings up to 12% of income (with employer's match) after five (?) years. Retired in 2010, with ~ $1.2 mil including a small i...
by RadAudit
Mon May 10, 2021 8:54 am
Forum: Personal Investments
Topic: Is it a sin to sit on $2M+ of cash for several months?
Replies: 31
Views: 4189

Re: Is it a sin to sit on $2M+ of cash for several months?

I just mean... is it generally considered good or bad practice to be keeping money in cash instead of invested, given these circumstances? Are you talking about FDIC insured cash? If so, you are going to be the most popular guy in a number of banks / credit unions / etc. around town until you take ...
by RadAudit
Mon May 10, 2021 8:29 am
Forum: Personal Investments
Topic: How much is enough for a single man to retire?
Replies: 53
Views: 5391

Re: How much is enough for a single man to retire?

JoMoney wrote: Mon May 10, 2021 8:15 am maybe you can get over your fear by just expecting to die young or senile and alone.
Trust BHers to always look for the upside in every situation. :happy
by RadAudit
Sun May 09, 2021 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling Some Regret Over Conservative Approach to Finances
Replies: 110
Views: 11983

Re: Feeling Some Regret Over Conservative Approach to Finances

OK. Fun fact for those who arrived late to the party and invested big bucks. Dogecoin lost between 25% and 30% last night because Elon Musk cracked a joke about it on SNL. Some times you have to know the risks you are taking when you invest before you have to find out by other methods. Now that's no...
by RadAudit
Sat May 08, 2021 8:54 am
Forum: Personal Investments
Topic: Tips to convince my Dad about Index Funds?
Replies: 57
Views: 3823

Re: Tips to convince my Dad about Index Funds?

I am trying to convince my Dad (retired) to invest majority of his portfolio in Index Funds. You tried. He tried. Now back off. You're fighting an uphill battle against a number of obstacles. His friends aren't on board with your approach. And then, there is the "powdered butt syndrome" -...
by RadAudit
Fri May 07, 2021 8:05 am
Forum: Personal Investments
Topic: Willing to share your Taxable Portfolio?
Replies: 185
Views: 18338

Re: Willing to share your Taxable Portfolio?

74 years old. Approximately 14 % in taxable due to left over RMDs, etc. Taxable is divided 13% VTWAX. 63% VTSAX and 24% VMRXX. I stopped contributing to VTSAX a few years ago when I noted it was throwing my AA out of whack vs. targets. VTWAX is now the ultimate recipient of tax refunds, left over RM...
by RadAudit
Tue May 04, 2021 12:42 pm
Forum: Personal Investments
Topic: VTWAX OR Target 2055
Replies: 12
Views: 1609

Re: VTWAX OR Target 5055

First suggestion - change the title of the thread. 2055 instead of 5055. Wanting to have the most growth that I can get without losing sleep stressing about what to invest in. Does anyone have any suggestions? Guess 2. As 2055 increases its bond allocation, VTWAX should surpass 2055 in performance. ...
by RadAudit
Mon May 03, 2021 5:39 pm
Forum: Personal Investments
Topic: Newbie Advice
Replies: 4
Views: 340

Re: Newbie Advice

I just turned 35 and hope I'm not too late to the game, You're not too late to the game. I'm currently in VTWAX/VBTLX $9,000 VTWAX $3,000 VBTLX Would it be a better plan to do the 3 fund portfolio VTSAX/VBTLX/VTIAX or keep it as is? ... Or should I just do a lifecycle fund? I'd stay with what you h...
by RadAudit
Sun May 02, 2021 10:24 am
Forum: Investing - Theory, News & General
Topic: Target Date Funds
Replies: 36
Views: 5193

Re: Target Date Funds

In theory, most investors should prefer a relatively constant asset allocation in retirement so (depending on tax implications) you might be just as well served to move some or all your money from Target 2020 to a fixed allocation fund like Vanguard LifeStrategy Growth Fund (VASGX) or Vanguard Life...
by RadAudit
Fri Apr 30, 2021 11:56 am
Forum: Personal Investments
Topic: New investor needs some guidance vtwax or vtsax
Replies: 8
Views: 692

Re: New investor needs some guidance vtwax or vtsax

My 2nd question, shouLd I invest into VTSAX or VTWAX for the long term. I'm stuck between these two Mutual Funds, and I want to make investing simple as I can without having to look at it or worry about it so I can enjoy life.... I really want to live a F.I.R.E life one day and maybe I'm too old no...
by RadAudit
Wed Apr 28, 2021 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Need to Convince Parents Not to Purchase Life Insurance for "Inheritance"
Replies: 64
Views: 3472

Re: Good Idea? Parents Want Life Insurance So They Leave An Inheritance

My folks sold their business and asked me if they should continue their insurance so they could leave something for my sister and me. The simple answer is they had already done enough for both of us. We were both college grads, had jobs, and were pretty much settled. My question was would they need ...
by RadAudit
Wed Apr 28, 2021 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Promotion opportunity - use it or lose it?
Replies: 41
Views: 4084

Re: Promotion opportunity - use it or loose it?

In my limited experience - back when dinosaurs roamed the planet - they didn't ask if you wanted a promotion more than once. YMMV.
by RadAudit
Wed Apr 28, 2021 7:43 am
Forum: Investing - Theory, News & General
Topic: The comfort of "good enough"
Replies: 89
Views: 10670

Re: The comfort of "good enough"

I find no one ever asks either of us for financial advice. Plenty of folks ready to give it to us, connect us with their guy or tell us how the stock market is a scam or hook up us with a real estate project or whatever, A number of people are looking for validation of their approach to investing. ...
by RadAudit
Tue Apr 27, 2021 7:24 am
Forum: Personal Finance (Not Investing)
Topic: RMD coming.....
Replies: 131
Views: 13380

Re: RMD coming.....

This thread raises some interesting questions. (You should've known to make Roth conversions sooner, etc.) This thread https://www.bogleheads.org/forum/viewtopic.php?p=5970246#p5970246 raises other interesting questions (what investing rules changed since we started investing). A piece of advice I m...
by RadAudit
Sun Apr 25, 2021 2:15 pm
Forum: Personal Investments
Topic: What to do with old 401k roll over
Replies: 7
Views: 757

Re: What to do with old 401k roll over

ptp777 wrote: Sun Apr 25, 2021 1:16 pm How are we doing??
What do you want to do and when do you want to do it? What % of the total portfolio do you have in each of the accounts?
by RadAudit
Sun Apr 25, 2021 9:17 am
Forum: Personal Investments
Topic: Target Date Fund as Bond Allocation
Replies: 22
Views: 1451

Re: Target Date Fund as Bond Allocation

Do you have tax deferred accounts? I have a Roth that 100% stock because I won't need it for another 15 years or so. I'll rebalance it at about the 5 year mark to add some bonds. Re: Target Date Fund as Bond AllocationQuote RadAudit by RadAudit » Sat Apr 24, 2021 5:15 pm Well, as you can surmise, t...
by RadAudit
Sat Apr 24, 2021 5:15 pm
Forum: Personal Investments
Topic: Target Date Fund as Bond Allocation
Replies: 22
Views: 1451

Re: Target Date Fund as Bond Allocation

I shouldn't need this money for 20 years or even longer. Anyone ever treated a TDF as a bond allocation? I've got both of my kids (35 and 40) in TDFs in tIRAs. Neither gives a hoot about DIY rebalancing and this seems as good of a way as any to let their investments become more conservative over ti...
by RadAudit
Thu Apr 22, 2021 12:46 pm
Forum: Investing - Theory, News & General
Topic: Hit Millionaire Status! [Does anyone shift when they hit a milestone?]
Replies: 132
Views: 18368

Re: Hit Millionaire Status! [Does anyone shift when they hit a milestone?]

broncocountry25 wrote: Thu Apr 22, 2021 9:06 am Wow this thread got dark with the divorce aspect!
Wait until you trip across some threads that talk tangentially about death.
by RadAudit
Tue Apr 20, 2021 6:15 pm
Forum: Personal Investments
Topic: New To Investing
Replies: 14
Views: 1129

Re: New To Investing

I try to invest by this quote.
Buy and hold, long term, cap weighted, all-market-index strategies, implemented at rock-bottom cost, are the surest of all routes to the accumulation of wealth – John C. Bogle
You can do due diligence in either one, two or three mutual funds
by RadAudit
Sun Apr 18, 2021 10:46 am
Forum: Investing - Theory, News & General
Topic: Do simple index fund-only portfolios (e.g., 3-fund, 5-fund, etc.) work for the ultra wealthy (say, $20+ million)?
Replies: 100
Views: 12180

Re: Do simple index fund-only portfolios (e.g., 3-fund, 5-fund, etc.) work for the ultra wealthy (say, $20+ million)?

bsteiner wrote: Sun Apr 18, 2021 7:57 am I wouldn't call $20 million great wealth
I concur. But, it'll come as a major disappointment / surprise to a number of folks outside of the Boglehead community.
by RadAudit
Sat Apr 17, 2021 10:23 am
Forum: Personal Investments
Topic: Total Stock Market Index Market Capitalization
Replies: 10
Views: 1145

Re: Total Stock Market Index Market Capitalization

I had a similar question a couple of days. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=346000 Don't know the answer; but, I'm beginning to believe it's a temporary / transient difference caused by the loading of information to the portfolio analysis feature. Doubt if your actual holding...
by RadAudit
Fri Apr 16, 2021 8:59 am
Forum: Personal Investments
Topic: Roth Help for Adult Children or Inheritances?
Replies: 19
Views: 1729

Re: Roth Help for Adult Children or Inheritances?

There's a lot of discussion about these issues on this board. It's really a series of questions I've wrestled with for at least a decade. Seems there are a lot of folks going through similar circumstances. So lot of different opinions. Our approach is to divide things equally - as much as we can - a...
by RadAudit
Tue Apr 13, 2021 12:36 pm
Forum: Personal Investments
Topic: Differences btwn sector weights and mrkt weights
Replies: 5
Views: 405

Re: Differences btwn sector weights and mrkt weights

I wouldn't worry about anything Portfolio Watch says, as it has been consistently unreliable. This Wiki article on portfolio watch might provide some insight. I suspect it's something wrong with the software or the input data that is feeding the Portfolio Watch tool. Thanks for the quick replies. A...
by RadAudit
Tue Apr 13, 2021 8:53 am
Forum: Personal Investments
Topic: Differences btwn sector weights and mrkt weights
Replies: 5
Views: 405

Differences btwn sector weights and mrkt weights

I'm invested primarily in two of VG's LifeStrategy funds - Moderate Growth and Conservative Growth. In looking at the portfolio via the Portfolio Watch feature, I got an alert message. It said that a sector analysis showed my sector weights differed from the market weights. I found that interesting ...
by RadAudit
Mon Apr 12, 2021 4:07 pm
Forum: Investing - Theory, News & General
Topic: Ross Gerber (Wealth Management) claims index funds won’t have high enough returns to fund retirement
Replies: 45
Views: 15428

Re: Ross Gerber (Wealth Management) claims index funds won’t have high enough returns to fund retirement

Nathan Drake wrote: Mon Apr 12, 2021 1:37 pm -Someone earning 150k and getting 6-8% on index funds won’t be able to retire
There are many simulations; but, there is only one true test.
by RadAudit
Sun Apr 11, 2021 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11435

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

While we're talking about Roth vs/ tIRA, what is the impact on the portfolio value - tax deferment of contributions and savings in a tIRA until 72 - vs paying taxes on contributions and never taxing distributions in a Roth? Just to make it entertaining, you can use an RMD schedule and / or an assume...
by RadAudit
Sat Apr 10, 2021 10:25 am
Forum: Personal Investments
Topic: Looking for a well-diversified portfolio of 100% stocks
Replies: 14
Views: 1177

Re: Looking for a well-diversified portfolio of 100% stocks

weirdsong1 wrote: Sat Apr 10, 2021 10:16 am Is there anything more diversified than VTWAX (Vanguard's Total World Stock Index)?
Not that I'm aware of. And although you'll never know for sure in advance, some part of the portfolio / fund may under perform some of the more currently popular indices.
by RadAudit
Wed Apr 07, 2021 6:47 pm
Forum: Personal Consumer Issues
Topic: Talk me out of DIY Yard drain project.....
Replies: 37
Views: 3046

Re: Talk me out of DIY Yard drain project.....

Ykcor wrote: Mon Apr 05, 2021 8:50 pm My wife says no hire it done.
Based on your background, you should do OK. And, I'm sure your DW is more forgiving than mine. But JIC anything goes wrong, have you figured out how years you're going to have to listen to "I told you so."
by RadAudit
Wed Apr 07, 2021 9:47 am
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 26010

Re: High spenders what do you spend on?

Taxes. Made a few mistakes on location of assets (tIRA vs Roth) Reinvestment of difference between RMD and SWR. Wife is extremely reluctant to commit to only living a set number of years in retirement. Kids want us to help with the grandkids' education and other things. LTC insurance. Charities Vaca...
by RadAudit
Fri Apr 02, 2021 8:51 am
Forum: Personal Investments
Topic: How can my father see the light?
Replies: 56
Views: 7425

Re: How can my father see the light?

Most in his IRA and a bit in taxable. 0.0% debt so he's pretty content living off his SS and an annuity aside from some compulsive large one-off needs. Does he have enough to make it as long as he is going to live? How much extra can he make if he goes to a VG PAS? Is it enough to materially change...
by RadAudit
Thu Apr 01, 2021 5:47 pm
Forum: Personal Investments
Topic: How do I know if i am saving enough?
Replies: 24
Views: 4003

Re: How do I know if i am saving enough?

So we are not quite half way there but from reading here you can expect your assets to double every 7 years no? Expect? No. Quick math says our expenses' are approximate 50-55k a year. So this tells me we need around 1.25 million or so Try using a 3% or 4% withdrawal rate and see what you need afte...
by RadAudit
Wed Mar 31, 2021 5:07 pm
Forum: Personal Consumer Issues
Topic: Johnson &Johnson and Apple Heartline
Replies: 6
Views: 910

Re: Johnson &Johnson and Apple Heartline

Mapmaker wrote: Wed Mar 31, 2021 4:52 pm Would you volunteer for the study?
No. Not from an unsolicited e-mail.
by RadAudit
Sun Mar 28, 2021 7:48 am
Forum: Personal Investments
Topic: retirement portfolio from 40s through 80s
Replies: 5
Views: 1181

Re: retirement portfolio from 40s through 80s

At retirement move everything to a 50-50 stock-bond portfolio and each year withdraw from whichever account has a higher balance (saw this recommended by someone on bogleheads), Forget VTINX or changing allocations from retirement age until death. This part sounds good. It's close to what I'm doing...
by RadAudit
Sat Mar 27, 2021 3:10 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 v Total Stock - What is your favorite and why?
Replies: 104
Views: 9030

Re: S&P 500 v Total Stock - What is your favorite and why?

Of the two, total stock. I like the extra diversification of total stock. For my portfolio, I like total world stock for new money in to a (very slightly) rising equity glidepath. It keeps the world wide diversification that I want in my portfolio. Now, if you ask why do you give up several % points...
by RadAudit
Sat Mar 27, 2021 2:01 pm
Forum: Personal Investments
Topic: 68yo, considering leaving Vanguard
Replies: 27
Views: 4060

Re: 68yo, considering leaving Vanguard

TomWiz wrote: Sat Mar 27, 2021 12:14 pm So, how does a retiree stay with VG and get some decent advice?
Ask Bogleheads. viewtopic.php?f=1&t=6212
by RadAudit
Sat Mar 27, 2021 1:59 pm
Forum: Personal Investments
Topic: 68yo, considering leaving Vanguard
Replies: 27
Views: 4060

Re: 68yo, considering leaving Vanguard

Duplicate post
by RadAudit
Fri Mar 26, 2021 5:46 am
Forum: Personal Investments
Topic: Desperately asking for help - Thank you!
Replies: 39
Views: 5461

Re: Desperately asking for help - Thank you!

I am here to ask for advice what to do with our cash now and savings in the future. Advice I have. Good advice? I'm not so sure. Over a span of more than 30 years, I slowly moved my AA from 70/30 (stocks/bonds) to 50/50. The change in AA was due to the fact that I found out I couldn't handle that l...
by RadAudit
Tue Mar 23, 2021 6:18 pm
Forum: Personal Investments
Topic: Advice on how to ease the anxiety of deciding to retire.
Replies: 91
Views: 10708

Re: Advice on how to ease the anxiety of deciding to retire.

Any advice to help make taking the plunge a bit easier? We always had a saying around my last place of employment - If you think you'll be missed around here when you retire, stick your finger in a cup of coffee. You'll be missed about as long as it takes for the hole where your finger was to fill ...
by RadAudit
Fri Mar 19, 2021 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Appraisal Gap $ - Giving While Living
Replies: 3
Views: 457

Re: Appraisal Gap $ - Giving While Living

I think you've been extremely generous so far or may be I'm just cheap or scared. But there are other approaches to this question. One was explored here. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=342893 One poster, ZWorkLess , had an interesting take. There is no more important practi...
by RadAudit
Thu Mar 18, 2021 6:16 am
Forum: Investing - Theory, News & General
Topic: Hitting your numbers. How to estimate when you have enough.
Replies: 175
Views: 20157

Re: Hitting your numbers. How to estimate when you have enough.

I’m not saying I would retire as soon as I hit 4%. I actually hit that years ago and was willing to keep working because I had the means and capacity to continue to do so. My question was to Scooter57 who asked if someone is still FI after a market drop. And my assertion is that the 4% rule actuall...
by RadAudit
Tue Mar 16, 2021 5:59 pm
Forum: Personal Investments
Topic: Lump sum retirement portfolio
Replies: 3
Views: 673

Re: Lump sum retirement portfolio

Opinions? I have those. I have spent considerable time on research and analysis in constructing a 40/60 portfolio and backtested on Portfolio Visualizer (2008-2021). Will be rolled-over to traditional IRA. Try Vanguard Life Strategy Conservative Growth. (40 / 60) One and done. Still considering a sl...
by RadAudit
Mon Mar 15, 2021 12:41 pm
Forum: Personal Investments
Topic: Advice to give dad and mom
Replies: 21
Views: 2624

Re: Advice to give dad and mom

IMHO, they are very young and don't have enough to share. There is no more important practical thing a parent can do for their adult kids than to make sure they've secured enough financial resources to ensure they will never be a financial burden and their kids will have the freedom to provide the ...
by RadAudit
Sat Mar 13, 2021 4:47 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Based on Years to and Expected Need for Retirement
Replies: 29
Views: 2633

Re: Asset Allocation Based on Years to and Expected Need for Retirement

I wonder if some of you would be willing to share your asset allocation but also share how many years until retirement or in retirement. In addition, what percentage of that allocation do you expect to draw each year to supplement other income like social security, pensions, rental income, etc., if...
by RadAudit
Thu Mar 11, 2021 8:03 pm
Forum: Personal Investments
Topic: I'm a newbie, follow BH investing, but feel left out during stock conversations
Replies: 50
Views: 4622

Re: I'm a newbie, follow BH investing, but feel left out during stock conversations

I get doubts if I'm missing something when I hear those conversations. I know thats just noise, but deep inside there is fear as I think I'm a bit late to the game. It's a long game. I've got 40 years on you and I'm still playing the game for myself, DW and to help the kids. There are a number of d...
by RadAudit
Mon Mar 08, 2021 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 407
Views: 47064

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

I am watching an inheritance going as planned; and, it's a doozy. Grandfather's 1st wife dies. He remarries. Gives life rights to the house to the second wife and the house to the granddaughter. (Second wife is well on her way to living forever.) Granddad's son by the 1st wife thinks this is a cool ...
by RadAudit
Fri Mar 05, 2021 7:16 pm
Forum: Investing - Theory, News & General
Topic: "Investing Isn't Engineering"
Replies: 27
Views: 3548

Re: "Investing Isn't Engineering"

The part that bothers me of about giving investment advice to my kids is that none of the numbers are verifiable - definitely over a 30+ year timeframe. Total Return. Interest rates. Taxes. etc. Well, if the advice - low cost, widely diversified, cap weighted index funds* and add money - doesn't tur...
by RadAudit
Fri Mar 05, 2021 5:07 pm
Forum: Investing - Theory, News & General
Topic: Target date fund but ends with different assert allocation
Replies: 8
Views: 568

Re: Target date fund but ends with different assert allocation

jocdoc wrote: Fri Mar 05, 2021 4:51 pm split the $ fifty fifty between the moderate and conservative lifestrategy growth funds. for a fifty fifty split between bonds and stocks.
JC
+1

Some rebalancing may be necessary from time to time.