Search found 3166 matches

by RadAudit
Thu Feb 21, 2019 5:21 pm
Forum: Personal Investments
Topic: Target 2020 then what ?
Replies: 7
Views: 687

Re: Target 2020 then what ?

what happens when that 'date' shows up ? Not much. The portfolio continues on its glidepath to an asset allocation of about 30 / 70 stocks / bonds by the time you are about 7 years past the date, IIRC. You can let it ride if you're comfortable with the expected portfolio return dropping to the leve...
by RadAudit
Thu Feb 21, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Feedback
Replies: 11
Views: 884

Re: Estate Planning Feedback

Any feedback is appreciated. OK. Personal opinion. My approach was that the cost of a college education was an insurance premium I chose to pay to increase the probability the kids wouldn't turn around and come home to roost after graduation. It's worked so far. Might work in the future. But the co...
by RadAudit
Wed Feb 20, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: possible to have TOO MUCH in 401k account?
Replies: 104
Views: 17883

Re: possible to have TOO MUCH in 401k account?

can you have too much in a 401K? has anyone tried to quantify or optimize the amount contributed to their 401K? Probably. Not me. I was concerned about having enough - among other things. But, after retiring, I was able to live off SS, a small pension and a little inheritance for about 8 years. (Al...
by RadAudit
Wed Feb 20, 2019 11:48 am
Forum: Investing - Theory, News & General
Topic: rebalancing during decumulation phase
Replies: 49
Views: 3079

Re: rebalancing during decumulation phase

The stock/bond split is the single most important way to strike the risk/reward balance IMO. ... Apart from stock/bond split I'm not convinced it's really worth it at my point in life. +1 I must be a little older that you. I used to rebalance annually. But, even with the RMDs from the bond side and...
by RadAudit
Wed Feb 20, 2019 10:34 am
Forum: US Chapters
Topic: Do you discuss BH philosophy with others?
Replies: 66
Views: 2727

Re: Do you discuss BH philosophy with others?

Once a year, around the new year, I send the kids an update on my portfolio AA, performance (not all that good last year), and a copy of the BH philosophy. Haven't heard a peep out of them.

And, DW doesn't care, either.
by RadAudit
Tue Feb 19, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need a will/trust/etc?
Replies: 58
Views: 3312

Re: Do we need a will/trust/etc?

OK, maybe not a need; but, … I had less than you do now when I got a trust. The primary reason was to make as sure as possible that my grandchildren would have a chance to inherit whatever was left over if my kid died after I was gone and the surviving spouse remarried and left the assets to the new...
by RadAudit
Tue Feb 19, 2019 9:20 am
Forum: Investing - Theory, News & General
Topic: Do you look back and wish you were more aggressive?
Replies: 64
Views: 4274

Re: Do you look back and wish you were more aggressive?

I can't help but look back over the last decade and wonder how much bigger my portfolio would be if I had been a little more aggressive. I know this kind of second guessing is pointless, but it is hard to resist. Does anyone else have to deal with this? Looking back, I wish I hadn't been as aggress...
by RadAudit
Mon Feb 18, 2019 7:11 pm
Forum: Investing - Theory, News & General
Topic: Ultra Safe Withdrawal Strategy?
Replies: 23
Views: 1780

Re: Ultra Safe Withdrawal Strategy?

Unfortunately, there is no such thing as an ironclad safe withdrawal strategy - per Jane Bryant Quinn [p. 221, How to Make Your Money Last (paperback)]. Safe usually means in this context "as far as we can tell." But, yours looks pretty good, as far as I can tell. For planning purposes, 25X annual e...
by RadAudit
Sun Feb 17, 2019 11:27 am
Forum: Investing - Theory, News & General
Topic: Callan Periodic Table. Is the 3 fund portfolio adequate?
Replies: 19
Views: 1173

Re: Callahan Periodic Table. Is the 3 fund portfolio adequate?

https://www.callan.com/wp-content/uploads/2019/01/Classic-Periodic-Table-2019.pdf If not, what should be added and at what %? Well, it's been OK for me. YMMV. The genius of the three fund portfolio to me is its design to provide maximum, cap-weighted, diversification with a minimum number of funds ...
by RadAudit
Wed Feb 06, 2019 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: What does financial peace look like to YOU?
Replies: 64
Views: 5654

Re: What does financial peace look like to YOU?

When you come to the realization that you'll probably die before you run out of money is somehow reassuring.
by RadAudit
Wed Feb 06, 2019 9:55 am
Forum: Personal Consumer Issues
Topic: What do you blame for unhappiness in retirement?
Replies: 53
Views: 3733

Re: What do you blame for unhappiness in retirement?

I am perfectly clear that if I quit my job today, there will still be something that will bother me from time to time. I would have to find someone or something to blame for that in retirement. Some people are never satisfied. But as a retiree, you get to choose who or what to blame. Heck, you made...
by RadAudit
Tue Feb 05, 2019 1:22 pm
Forum: Investing - Theory, News & General
Topic: If you are old, why bother with rebalancing!!?
Replies: 114
Views: 7621

Re: If you are old, why bother with rebalancing!!?

If one has any portfolio of equities:bonds in an asset allocation of between 30:70 and 70:30 and one is over age 62 (especially if one is collecting SS benefits), then there is no point is worrying about rebalancing, no point in looking at one's asset allocation, and no actual point in rebalancing....
by RadAudit
Mon Feb 04, 2019 11:35 am
Forum: Personal Finance (Not Investing)
Topic: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?
Replies: 108
Views: 7072

Re: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?

RadAudit wrote: ↑Sun Jan 27, 2019 7:55 pm goodenyou wrote: ↑Sun Jan 27, 2019 6:20 pm I have seen some "advisers" projecting an 80% pre-retirement income need in retirement. That seems very high. What are you projecting for your needs? For those retired, what did it turn out to be? More or less than...
by RadAudit
Sun Feb 03, 2019 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: The future of finance in corporations, should I change career path ?
Replies: 3
Views: 731

Re: The future of finance in corporations, should I change career path ?

Not in your sample group. However, four (cough, cough) years ago in grad school, I remember a finance guy from Singer Sewing Machines claiming he made more money in a month moving currency around Europe than his manufacturing arm made in year. (Way before the EU.) I doubt if the importance of money ...
by RadAudit
Sun Feb 03, 2019 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Building a house in rural mountains
Replies: 70
Views: 7099

Re: Building a house in rural mountains

Not what you asked, but other friends said they would not do this because they would be dead now if they did not live within 15 minutes of a cardiac facility. Not trying to be the self-appointed chairman of the cold water committee. You may want to consider what DW is going to do if DH strokes out ...
by RadAudit
Sat Feb 02, 2019 9:40 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 291
Views: 24996

Re: What lifestyle creep made you happier?

Parking places closer to the football stadium and the basketball arena.
by RadAudit
Sat Feb 02, 2019 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Building a house in rural mountains
Replies: 70
Views: 7099

Re: Building a house in rural mountains

If you like the view, buy the view. [Vanderbuilt (?) had a similar idea for Biltmore.] Had an acquaintance who bought property that backed up to a National Forest so no one could get behind him. Same concept. Just a thought.
by RadAudit
Fri Feb 01, 2019 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage "Benefits"
Replies: 108
Views: 8947

Re: Marriage "Benefits"

It’s a shame folks think nothing of imposing wedding guilt on others.... +1. The end of my first marriage started with an argument about going to a destination bachelorette party and .... She went to both the bachelorette party and wedding, and I got to cover the cost (somewhere around $4k total), ...
by RadAudit
Fri Feb 01, 2019 12:46 pm
Forum: Personal Investments
Topic: We won the game, went to 50/50, but it just doesn't feel right
Replies: 108
Views: 11487

Re: We won the game, went to 50/50, but it just doesn't feel right

I'm not looking to change anything, just wondering if anyone has a comment to add. Thanks for any feedback and feel free to ask for more information as needed. Comments I have. You didn't state your age. I'm about 72. My AA is ~50 / ~50. The fun begins when you are in the decumulation phase of life...
by RadAudit
Fri Feb 01, 2019 8:39 am
Forum: Personal Investments
Topic: What do wise people do with 401(k) balances?
Replies: 35
Views: 4573

Re: What do wise people do with 401(k) balances?

I want to know what wise and expense conscious people do with accumulated 401(k)money? Again, I'm not in your selected sample group. But, I'll offer my experience on this one. When I left Minor Corp, I rolled the 401(k) in to a self directed IRA with Vanguard. And with in a year - should of been a ...
by RadAudit
Thu Jan 31, 2019 4:31 pm
Forum: Personal Investments
Topic: RMD at 70.5 - what am I missing?
Replies: 60
Views: 4502

Re: RMD at 70.5 - what am I missing?

What am I missing? Some people are just surprised at what that RMD can do regarding tax burden. I think that some people simply don't pay attention to retirement income planning in their pre-70 years and then have a bit of a shock when the rules become clear... OK. I'll volunteer to be the cynic. Y...
by RadAudit
Tue Jan 29, 2019 9:11 pm
Forum: Investing - Theory, News & General
Topic: Expected Growth Next Decade?
Replies: 48
Views: 3695

Re: Expected Growth Next Decade?

S.W.A.N. ????? please define if you can. SWAN: Sleep Well At Night. AFAIK, it is a portfolio asset allocation that is sufficiently conservative (for you) to allow one to sleep at night as opposed to staying up and wondering what is going to happen to your investments. Or, probably more to the point...
by RadAudit
Tue Jan 29, 2019 8:36 pm
Forum: Personal Consumer Issues
Topic: 12 Person Family Getaway: Keys, Bahamas, Hawaii?
Replies: 11
Views: 775

Re: 12 Person Family Getaway: Keys, Bahamas, Hawaii?

The Outer Banks of NC? The Corolla or Duck area has many large houses that accommodate 12 although I'm not aware of two house compounds for rent. I have no wish to discourage folks from going to the Outer Banks. (Been vacationing there for 30+ years.) Water may be a tad chilly at that time of the y...
by RadAudit
Tue Jan 29, 2019 9:51 am
Forum: Personal Investments
Topic: Diversification ideas
Replies: 97
Views: 5056

Re: Diversification ideas

It can be shown that maximum diversification is achieved by each stock in proportion to its value to the entire market -- Author and professor, Jeremy J. Siegel I don't know the context of this quote, but as written it's complete nonsense. It's empirically and indisputably true that the market port...
by RadAudit
Tue Jan 29, 2019 9:25 am
Forum: Personal Investments
Topic: Finally thinking about making the switch from Vanguard to Fidelity
Replies: 43
Views: 5328

Re: Finally thinking about making the switch from Vanguard to Fidelity

I am not the most "sophisticated" investor. I'm not the most sophisticated commenter. But, I think you have a significant overlap among these three funds. Fidelity® ZERO Large Cap Index Fund (FNILX), Fidelity® ZERO Total Market Index Fund (FZROX), Fidelity® ZERO Extended Market Index Fund (FZIPX), ...
by RadAudit
Mon Jan 28, 2019 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Appropriate age to communicate your will/wishes to your kids
Replies: 57
Views: 4105

Re: Appropriate age to communicate your will/wishes to your kids

I would not want my children to "take their foot off the gas" in their own studies and/or work simply because they know they're going to be "set." I'm working with smaller numbers. I'm in my early 70's. Kids are in the early to late 30s. Two grandkids are under 7. I guess they have an idea of how m...
by RadAudit
Sun Jan 27, 2019 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?
Replies: 108
Views: 7072

Re: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?

I have seen some "advisers" projecting an 80% pre-retirement income need in retirement. That seems very high. What are you projecting for your needs? For those retired, what did it turn out to be? More or less than projected? Back when I was planning, I targeted 100% of pre-retirement income and a ...
by RadAudit
Sun Jan 27, 2019 1:52 pm
Forum: Personal Investments
Topic: Help with fixing my AA chaos - template included
Replies: 10
Views: 630

Re: Help with fixing my AA chaos - template included

Welcome to the forum. Other folks will be along shortly to provide better opinions / experiences /ideas. 1. Is there any tax harm done by immediately taking the Schwab Tax deferred (IRA) portfolio to the 3 fund portfolio? No, as long as you keep the proceeds in the IRA. AFAIK Does 60/40 stock:bond s...
by RadAudit
Sun Jan 27, 2019 10:15 am
Forum: Personal Investments
Topic: Advice for this 30 year old?
Replies: 22
Views: 2437

Re: Advice for this 30 year old?

Goals: - ensure my wife doesn't need to ever worry about money if at all possible - have 100-150K per child for college - retire age 60, maybe before, but not feeling a strong urge for that currently - live fairly modestly in retirement - leave a couple million for the kids when I die I guess my sp...
by RadAudit
Fri Jan 25, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: small town
Replies: 47
Views: 3878

Re: small town

Make the transfer. Recognize that they are trying to keep your account with any pitch they can think up. If their friendship is based on they having your account, then what type of friendship is it? Edit: Mr. Larimore tells a delightful story about what happened to his invitations to go sailing when...
by RadAudit
Thu Jan 24, 2019 7:02 pm
Forum: Personal Investments
Topic: Advice for this 30 year old?
Replies: 22
Views: 2437

Re: Advice for this 30 year old?

What specifically do you want to do besides make more money? Goals?

Go to the wiki and look for Getting Started or on this page, click on start here. Scroll down to Asking Questions. Edit your information to fit the format. This will help folks provide you with better ideas.
by RadAudit
Wed Jan 23, 2019 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Appropriate allocation of Church funds
Replies: 30
Views: 2061

Re: Appropriate allocation of Church funds

IIRC, my local church almost removed me from the fellowship when I suggested that they might not want to have 1/2 their funds in a single bank stock. And, they might want to have more than one guy making all the investing decisions. So, there may be some non-financial risks in trying to offer an opi...
by RadAudit
Wed Jan 23, 2019 6:51 pm
Forum: Personal Investments
Topic: Vanguard?
Replies: 41
Views: 3645

Re: Vanguard?

Do they offer financial advisor services? I know enough to know that I'm not a professional on picking funds. While I'm currently happy with my current advisor, always looking. Vanguard started Personal Advisor Services for 0.30% a few years ago. My understanding is they typically recommend Total S...
by RadAudit
Wed Jan 23, 2019 8:49 am
Forum: Personal Investments
Topic: I'm 23 and I'm trying to help my family with their finances
Replies: 19
Views: 1305

Re: I'm 23 and I'm trying to help my family with their finances

Welcome to the forum. You've raised a number of concerns. A number of them I can't help you with due to the lack of information about the specific individual's situation. I do, however, have a few opinions that may help you. First, start here. https://www.bogleheads.org/wiki/Getting_started Watch th...
by RadAudit
Tue Jan 22, 2019 7:55 pm
Forum: Personal Investments
Topic: 63 years old and 3 fund portfolio allocation
Replies: 17
Views: 2212

Re: 63 years old and 3 fund portfolio allocation

Welcome to the forum When you start with "start here" post your portfolio / AA IAW this https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 The reasons are fairly straight forward. 1. Not enough information about your situation to know how hard you have to push yourself. 2. Late stage doesn't ...
by RadAudit
Tue Jan 22, 2019 4:43 pm
Forum: Investing - Theory, News & General
Topic: Your Retirement W/D method and why?
Replies: 40
Views: 3703

Re: Your Retirement W/D method and why?

My curiosity makes me ask, for those of you currently making withdrawals in retirement which method are you using and why. Thanks for starting the thread. Made me look at the wiki pages. I guess I'm still in the slightly elevated spending phase (travel) waiting on the ~75 break point to kick in (an...
by RadAudit
Mon Jan 21, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: What should be the minimum income to consider living in a HCOL?
Replies: 29
Views: 2886

Re: What should be the minimum income to consider living in a HCOL?

Some folks live fairly well on less than $85k/yr in some LCOL areas.
by RadAudit
Sun Jan 20, 2019 12:51 pm
Forum: Personal Consumer Issues
Topic: Cruise to China, Japan and South Korea— ship tours or booking private tours
Replies: 8
Views: 725

Re: Cruise to China, Japan and South Korea— ship tours or booking private tours

Learned a lot from Cruise Critic- I learned a lot from Cruise Critic, too. One - some folks will complain about anything and everything. Two - be skeptical about folks who complain about tipping when they come from countries where tipping is not customary. The idea of getting left behind in a count...
by RadAudit
Sun Jan 20, 2019 11:23 am
Forum: Personal Investments
Topic: Stay the course is hard
Replies: 74
Views: 7830

Re: Stay the course is hard

How do you stay the course? Pepto Bismol. Lots of Pepto Bismol. If you look at your portfolio during a 50% drop in equities - even if only to check if you've exceeded your rebalance bands (again) - and without a very conservative AA, losing 1/2 of the value of your equities will probably cause some...
by RadAudit
Sat Jan 19, 2019 10:48 am
Forum: Investing - Theory, News & General
Topic: Total Stock & Intnl Stock vs Total World?
Replies: 7
Views: 616

Re: Total Stock & Intnl Stock vs Total World?

Assuming the alternative was to rebalance to 50/50 periodically, then you can't say whether you've increased or decreased the impact of ex-US holdings in the long run. The main difference that comes to mind is Total World is its own index not the combined versions of Vanguards Total Stock and Total...
by RadAudit
Sat Jan 19, 2019 9:19 am
Forum: Investing - Theory, News & General
Topic: Total Stock & Intnl Stock vs Total World?
Replies: 7
Views: 616

Total Stock & Intnl Stock vs Total World?

Let's assume I was thinking (over thinking?) about simplifying the stock side of the portfolio from a 50 / 50 Total Stock and Total International Stock asset allocation to a Total World allocation. I was looking at the portfolios of all three funds. IIRC, the Total World and Total Stock portfolios h...
by RadAudit
Fri Jan 18, 2019 2:54 pm
Forum: Personal Investments
Topic: Should I dump our wealth planner/financial advisor?
Replies: 49
Views: 5031

Re: Should I dump our wealth planner/financial advisor?

Welcome to the forum. You came to the right place. For an overview - https://www.bogleheads.org/wiki/Getting_started Read the linked items. Watch the videos. Read a few of the books. For specific questions about your portfolio and goals https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 There...
by RadAudit
Fri Jan 18, 2019 8:59 am
Forum: Personal Investments
Topic: I'm to expect a call from Vanguard
Replies: 2
Views: 770

Re: I'm to expect a call from Vanguard

They reviewed my portfolio, I looked over their recommendations and decided I'd just stay with my own management. Their response was WHY!!!!! ... Yea, my "portfolio" isn't perfect but it's mine and I like it the way it is just fine. My apologies, in advance, to Mr. Larimore. There are many roads. S...
by RadAudit
Thu Jan 17, 2019 9:43 am
Forum: Investing - Theory, News & General
Topic: Retirement savings new research
Replies: 29
Views: 6122

Re: Retirement savings new research

This from the article - If we successfully navigate the first five years of portfolio returns then we still have to negotiate the next five and eventually the next two. There's no reason to expect that if you make it through the first 5 years of retirement that your risk will simply disappear. remi...
by RadAudit
Wed Jan 16, 2019 8:01 pm
Forum: Personal Investments
Topic: Help w/ Portfolio
Replies: 2
Views: 403

Re: Help w/ Portfolio

Welcome to the forum. Just a few observations for whatever they're worth. I do not keep back an emergency fund. Generally speaking, emergency funds tend to be helpful in … well, emergencies. I stuck with mostly large cap funds and some tech stocks hoping to ride out the next inevitable downturn with...
by RadAudit
Wed Jan 16, 2019 1:37 pm
Forum: Investing - Theory, News & General
Topic: Retirement savings new research
Replies: 29
Views: 6122

Re: Retirement savings new research

This from the article - If we successfully navigate the first five years of portfolio returns then we still have to negotiate the next five and eventually the next two. There's no reason to expect that if you make it through the first 5 years of retirement that your risk will simply disappear. remin...
by RadAudit
Wed Jan 16, 2019 8:54 am
Forum: Personal Investments
Topic: The Three-Fund Portfolio
Replies: 10
Views: 1122

Re: The Three-Fund Portfolio

staythecourse wrote:
Tue Jan 15, 2019 12:17 pm
The answer is it may or may not.

I am not sure how many times I have to say this on this forum, ...
Folks new to the forum show up almost every day. :happy
by RadAudit
Tue Jan 15, 2019 9:29 pm
Forum: Personal Investments
Topic: Vanguard Target 2050 question
Replies: 7
Views: 584

Re: Vanguard Target 2050 question

Should we stick with this, or is this a poor choice? Thanks. VG TR2050 is a good fund for a retirement starting in about 30 years. FWIW I put my wife and both of my kids in TR funds when they started investing for retirement. I believe they are excellent funds for individuals who want an aggressive...
by RadAudit
Mon Jan 14, 2019 9:13 pm
Forum: Investing - Theory, News & General
Topic: rebalancing questions
Replies: 6
Views: 555

Re: rebalancing questions

From what I remember about the rebalancing bonus, the less frequent the rebalancing the better. Additionally, rebalancing bands of at least +/- 5% tend to get a better bonus than smaller bands. +/- 10% bands might be better. However, the purpose of rebalancing is to maintain the appropriate level of...