Search found 2978 matches

by RadAudit
Sat Sep 22, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: How did you decide when to retire?
Replies: 52
Views: 7193

Re: How did you decide when to retire?

Things just came together. I had recently settled my parents' estate. The youngest kid had just graduated from from his master's program. I had met my number.And, work stopped being fun. Seemed like the time to go.
by RadAudit
Mon Sep 17, 2018 12:56 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 6745

Re: Is there such thing as saving TOO much?

As others have noted, we need some numbers. In general, I would say save as much as possible but don't ``torture'' yourself. There are things that are more enjoyable to do as a younger person. So Far this year, I've saved roughly 26k...and I've made about 38k... You need to start writing a blog as ...
by RadAudit
Mon Sep 17, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: “Costly race to bottom on mutual fund fees”
Replies: 13
Views: 1772

Re: “Costly race to bottom on mutual fund fees”

“I have always been of the opinion that investors have done best in high-fee products with high transactions costs, bought and held over time, which are a built-in form of “advisor alpha.” I will change my mind when I meet my first Vanguard customer who is a billionaire.” OK. All you Flagship + typ...
by RadAudit
Mon Sep 17, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4513

Re: Dilemma: Add room to current house or buy new house?

scorp_pccorp wrote:
Mon Sep 17, 2018 10:24 am
The new room will definitely make her happy because currently the kitchen/dining area is cramped and not very entertainment friendly.
If a new room will really make her happy, do it. Best of luck.
by RadAudit
Sun Sep 16, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: Embarking on a large-scale home update
Replies: 26
Views: 1309

Re: Embarking on a large-scale home update

Best wishes!

We're doing a one fell swoop update of our home for the remainder of our retirement. Been going on for more than a year. Quicker is probably better.
by RadAudit
Sun Sep 16, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 94
Views: 14101

Re: What’s the magic savings rate???

Sort of depends on what you are saving for and when you want to get there.

Look at the charts in the linked article. Ignore the fluff. http://www.mrmoneymustache.com/2012/01/ ... etirement/
by RadAudit
Sat Sep 15, 2018 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 151
Views: 10895

Re: Considering Quitting Job - Seeking Advice. Would you do it?

Do the people telling you not to be a wimp work the same schedule you do?

Instead of wondering what would happen if .... run some numbers and try to figure out how much you need to meet your responsibilities.
by RadAudit
Sat Sep 15, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: Index funds - how do they work? Do passive funds reliant on active funds indirectly?
Replies: 15
Views: 1122

Re: Index funds - how do they work? Do passive funds reliant on active funds indirectly?

how would this work if society mov d completely to index funds? Or if actively managed funds were to die away completely? This has been discussed before. IIIRC, this is not something to spend too much time worrying about. Long way to go before index funds become that dominate. If they come close to...
by RadAudit
Fri Sep 14, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: When to Retire
Replies: 48
Views: 6667

Re: When to Retire

I am struggling with this right now. I have a stressful job with a gov agency, dealing with parents of disabled children. Been doing this for nearly 28 years; never thought it would get old. All of a sudden (I'm 65) I'm finding myself not caring all that much; very much NOT a good feeling. We live ...
by RadAudit
Fri Sep 14, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 1782

Re: Planning to Contact Vanguard

what did we do wrong? Just a guess, we went down the track about his concerns about VG not providing a financial plan without an investment of some considerable amount of money vs. just providing him a link to "asking questions" in the start here link. He made the mistake of leaving two minutes bef...
by RadAudit
Fri Sep 14, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 1782

Re: Planning to Contact Vanguard

JSparks wrote:
Fri Sep 14, 2018 3:58 pm
How is this trolling? What did I do wrong? What is the recommended format?
Go to the top right of the page. Enter - asking questions - in the box that says Google. Hit return on your keyboard.
by RadAudit
Fri Sep 14, 2018 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 1782

Re: Planning to Contact Vanguard

JSparks wrote:
Wed Sep 12, 2018 9:56 am
I'd like to get the opinion ... to see if my numbers are correct and to discuss post-retirement investing.
Why not ask the forum? Go to "asking questions" and post the appropriate numbers in the requested format.
by RadAudit
Fri Sep 14, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: Slight fear of investing in general now
Replies: 20
Views: 2133

Re: Slight fear of investing in general now

as I've gotten older I've defined a lot of myself based on what I *expect* I'll be able to do for my current and future family/friends as a provider. It's a giant deal to me and extremely important to me, I have a lot of people who will depend on me. I had a similar problem, until I realized there ...
by RadAudit
Thu Sep 13, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Question for RMD'ers with predominantly bond IRAs
Replies: 11
Views: 888

Re: Question for RMD'ers with predominantly bond IRAs

I'm taking RMDs. As long as it is just a few years' RMDs, I doubt if it would hurt much (loss of value vs. potential increase in income) no matter which way interest rates jump. I too have all of my bonds in an IRA and they are targeted for the source of the RMDs now and into the future. I've SWAG'e...
by RadAudit
Thu Sep 13, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Vanguard - You'll need to sign up for security codes soon
Replies: 140
Views: 17939

Re: Vanguard - You'll need to sign up for security codes soon

I just received an email from Vanguard Flagship Services ... "You'll soon be required to sign up for security codes". Got mine today. They were rather emphatic about signing up by a specified date. Downside: Don't have a cell phone so - no looking at account balances while I'm away from home. Upsid...
by RadAudit
Wed Sep 12, 2018 5:50 pm
Forum: Investing - Theory, News & General
Topic: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]
Replies: 45
Views: 4514

Re: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]

OP, good idea. I, too, use a spreadsheet to manage my portfolio. (Of course, I have about 31 fewer funds than you do; but, I can't multiple and divide either) Great for tracking against rebalance bands and I've set it up to calculate th amounts of money to move among accounts.
by RadAudit
Wed Sep 12, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Retirement Advice - Almost 37, Spouse 39
Replies: 1
Views: 469

Re: Retirement Advice - Almost 37, Spouse 39

Please edit your post to get into this format. viewtopic.php?f=1&t=6212 Might get a few more answers.
by RadAudit
Wed Sep 12, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Opinion's: Best time to withdraw RMD's when required to do so.
Replies: 22
Views: 1513

Re: Opinion's: Best time to withdraw RMD's when required to do so.

I was looking over a prior post in the thread linked above. Upon reflection, what I really do is I take the RMD in Dec. That's on automatic via VG. From that RMD, federal taxes are withheld for that year. The remainder of the RMD is transferred to a MM in a taxable account. In early Jan, I compare t...
by RadAudit
Tue Sep 11, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: What will you do when you find you have more money than expected?
Replies: 91
Views: 9694

Re: What will you do when you find you have more money than expected?

There is no one answer to how much and when to gift to kids. I'm beginning to believe that insight. :happy Obviously, you don’t want to create a sense of entitlement or reduce their work ethic. Simple, not easy. Takes a lot of work to achieve that state before you get to giving money to them. Kinda...
by RadAudit
Tue Sep 11, 2018 7:59 am
Forum: Personal Consumer Issues
Topic: Remodel for aging in place
Replies: 44
Views: 3050

Re: Remodel for aging in place

Adjust the height of the toilets
by RadAudit
Mon Sep 10, 2018 5:52 pm
Forum: Personal Consumer Issues
Topic: What will you do when you find you have more money than expected?
Replies: 91
Views: 9694

Re: What will you do when you find you have more money than expected?

Why not gift money to your kids now? I'm not picking on delamer. He raises an interesting question. I routinely give my children some relatively small amounts throughout the year for various things. (I've had bigger bar bills) But, the question I have is, at what point do you start gifting signific...
by RadAudit
Mon Sep 10, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: DNA ancestry testing
Replies: 88
Views: 9144

Re: DNA ancestry testing

I found ethnic origins I didn't even know about. Seems 2nd great granddaddy was adopted into the family, to be polite about it.

But, when you start chasing family trees, just be prepared. My aunt found that granddaddy had another family we knew nothing about until she started that search.
by RadAudit
Sun Sep 09, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6561

Re: Lower Return Decade Says Jack: Thoughts?

Man, this drives me crazy...you are right...it could be lower....we've had a long run...I still have 15 years before retirement...but would hate to get in with my lump sum I have right before So, if you retire at normal retirement age in 15 years, you may have up to 45 years remaining (30 in retire...
by RadAudit
Sun Sep 09, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 63
Views: 8019

Re: My daughter's inheritance.

Sorry for the loss.

Start here. https://www.bogleheads.org/wiki/Managing_a_windfall

Note the paragraphs that say don't do any investing for at least six months.
by RadAudit
Sat Sep 08, 2018 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Helping my dad with his IRA
Replies: 16
Views: 1216

Re: Helping my dad with his IRA

Kathys wrote:
Sat Sep 08, 2018 8:48 am
or if there was something better out there.
Depends on his risk tolerance, other sources of income, other assets, how comfortable he is with moving money away from the local bank to a mutual fund family, etc.
by RadAudit
Fri Sep 07, 2018 5:11 pm
Forum: Investing - Theory, News & General
Topic: D. E. Shaw fund prospectus - would you invest?
Replies: 35
Views: 2205

Re: D. E. Shaw fund prospectus - would you invest?

No.

The fees alone were enough to scare me off - and that was before I got to what they were investing in.
by RadAudit
Fri Sep 07, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: asset allocation -- why bond/stock split first?
Replies: 25
Views: 1987

Re: asset allocation -- why bond/stock split first?

IIRC, I once read that 90% of the difference among various portfolio returns could be accounted for by the asset allocation (Stock / bond split.) And while it is important, very important, when I was starting out it was one part of the decision making process. Other equally important parts were the ...
by RadAudit
Thu Sep 06, 2018 11:39 am
Forum: Personal Consumer Issues
Topic: What will you do when you find you have more money than expected?
Replies: 91
Views: 9694

Re: What will you do when you find you have more money than expected?

After eight years in to retirement I'd just obsess over whether or not I will have enough for future known and unknown unknowns.
by RadAudit
Thu Sep 06, 2018 7:33 am
Forum: Investing - Theory, News & General
Topic: Are the stock market movements really random?
Replies: 37
Views: 2813

Re: Are the stock market movements really random?

IIRC, some guy in France around 1900 got his PhD by showing that the movements of individual stock prices were random. If that is so, than the timing of investing an in individual stock would be immaterial barring some specific knowledge of an event that would influence the stock price (insider know...
by RadAudit
Tue Sep 04, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: "Safeguarding Your Wealth From The Effects Of Cognitive Decline"
Replies: 52
Views: 4914

Re: "Safeguarding Your Wealth From The Effects Of Cognitive Decline"

Mr. Larimore, thanks for the link.

It's that part about finding either a trusted family member or a trusted financial adviser that's giving me fits. Family doesn't care.

In the interim, I'm working on simplification. I'll probably go to a Life Strategy fund in a few years.
by RadAudit
Mon Sep 03, 2018 7:08 am
Forum: Investing - Theory, News & General
Topic: Retirees who went before me: Does a glidepath really work
Replies: 24
Views: 3158

Re: Retirees who went before me: Does a glidepath really work

Did it work? I don't know how much the glidepath worked, and how much dumb luck, LBYM, continuing to invest and the markets worked. My glidepath was conservative at the start because I got a late start and was following conventional wisdom - age in bonds, more or less. In the early to mid 90s, it wa...
by RadAudit
Mon Sep 03, 2018 6:34 am
Forum: Investing - Help with Personal Investments
Topic: What are your goals when you change your bond funds?
Replies: 36
Views: 2339

Re: What are your goals when you change your bond funds?

I think the pushback from that explanation is mostly that no one has the guts to try do it because of their anxiety about losing money. The other thing is that most people have no idea how to track the performance of their portfolios nor the performance of their actions. Got me there, especially on...
by RadAudit
Sun Sep 02, 2018 4:43 pm
Forum: Investing - Theory, News & General
Topic: The Power of Passive Investors
Replies: 3
Views: 835

Re: The Power of Passive Investors

Voting by individuals via mutual funds would be pure entertainment. We on this board can't agree on the proper temperature for ale. I'd just love to see a mutual fund allowing individuals vote on a contentious corporate issue! And, with Total Stock and Total International, I'd get to vote 10,000 tim...
by RadAudit
Sun Sep 02, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: What are your goals when you change your bond funds?
Replies: 36
Views: 2339

Re: What are your goals when you change your bond funds?

OP, thanks for the timely post. It - and the subsequent comments - allowed me to take another look at the costs / benefits of portfolio simplification.
by RadAudit
Sat Sep 01, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: What are your goals when you change your bond funds?
Replies: 36
Views: 2339

Re: What are your goals when you change your bond funds?

Does anybody want to state any of their goals here please? I was thinking about this this morning. E-mailed my successor trustees for comments on the proposed moves. Sorry to disappoint; but, basically I was proposing some portfolio simplification by eliminating two bond funds: (1) a STB fund to MM...
by RadAudit
Sat Sep 01, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: So who's rebalancing stocks to bonds right now?
Replies: 38
Views: 4567

Re: So who's rebalancing stocks to bonds right now?

livesoft wrote:
Sat Sep 01, 2018 11:47 am
If one was disciplined, wouldn't one really be rebalancing from US stocks to International stocks right now?
Good idea. It's on the horizon. Haven't reached the rebalance bands, yet.
by RadAudit
Thu Aug 30, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: Interesting Chart shows all the "crash calls" made by gurus since 2012
Replies: 9
Views: 1190

Re: Interesting Chart shows all the "crash calls" made by gurus since 2012

niceguy7376 wrote:
Thu Aug 30, 2018 1:23 pm
Need to research what makes a "guru"
In the days of old, an expert was a guy with a briefcase 50 miles from home.

Today, it's a web-site.
by RadAudit
Thu Aug 30, 2018 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Young investor: How to stay the course? How to not think about investing all the time?
Replies: 16
Views: 2137

Re: Young investor: How to stay the course? How to not think about investing all the time?

Welcome to the forum. Congrats on achieving so much at so young of an age. With so many investment opportunities out there, what's your way of ignoring them (or, not letting them influence you) and stick to a three-fund? portfolio I found a few foundational articles that made sense to me and that I ...
by RadAudit
Tue Aug 28, 2018 7:39 am
Forum: Investing - Help with Personal Investments
Topic: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.
Replies: 80
Views: 13572

Re: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.

randomizer wrote:
Tue Aug 28, 2018 5:33 am
Go 50:50 and then forget about it, literally.
There are a large number of asset allocations that are infinitely worse than 50:50. Rebalance every couple of years to the target allocation. Best of luck.
by RadAudit
Mon Aug 27, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: Pensions and retirement savings rate
Replies: 30
Views: 2571

Re: Pensions and retirement savings rate

Agreed. I guess my question is more about practical thoughts on retirement saving in light of also having a pension. Nate79 provided the approved solution. So, it'll take a little work to figure out a SWAG on the amount to save in addition to your pension contribution. More than 30 years ago, I wor...
by RadAudit
Mon Aug 27, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Maintaining portfolio balance
Replies: 5
Views: 530

Re: Maintaining portfolio balance

Can't get through the day without a good rationalization. I keep telling myself that I really don't know what the markets are going to do today much less over the next couple of decades. So, I fall back on the idea that diversification is the only way to combat that particular lack of knowledge. And...
by RadAudit
Sun Aug 26, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: New highs and portfolio growth in retirement
Replies: 10
Views: 1161

Re: New highs and portfolio growth in retirement

Many people say they want 50/50 AA but when the market drops 50% they find they can't live with it. That prospect of what I'll do after a 50% drop bothers me, too. Hope I can convince myself that I've got it covered by the bond funds in the portfolio when it happens. Time has a way of answering tha...
by RadAudit
Sun Aug 26, 2018 8:38 am
Forum: Investing - Theory, News & General
Topic: New highs and portfolio growth in retirement
Replies: 10
Views: 1161

Re: New highs and portfolio growth in retirement

FWIW, I retired at 63 some 8 years ago. The asset allocation was then and is now 50 / 50 stocks / bonds with essentially four funds modeled after a somewhat standard VG like distribution between domestic and international. 60 / 40 for stocks. 70 / 30 for bonds. The portfolio has doubled in the last ...
by RadAudit
Wed Aug 22, 2018 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Suggestions for a Generous Grandparent?
Replies: 53
Views: 4352

Re: Suggestions for a Generous Grandparent?

Just a heads up. I was the trustee for a small family educational trust. All the kids have been out of college for more than at least 10 years now and I still haven't heard the end of the griping of how the trust favored one family over another. YMMV. In this case, one family has three children, the...
by RadAudit
Wed Aug 22, 2018 8:27 am
Forum: Investing - Theory, News & General
Topic: The futility of stock market forecasts
Replies: 9
Views: 1172

Re: The futility of stock market forecasts

Amazingly quick recovery from a non-existent crash.
by RadAudit
Mon Aug 20, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you put away in investments?
Replies: 66
Views: 5444

Re: How much do you put away in investments?

Welcome to the forum.

IIRC for all of my working career, we invested about 12% of my pre-tax income every year. That include my 8% and a 4% employer match. Of course, I also got a pension so that was figured in to the saving rate for a number I wanted at retirement.
by RadAudit
Mon Aug 20, 2018 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Investing - Feedback Needed
Replies: 6
Views: 606

Re: Vanguard Investing - Feedback Needed

However, being I don't mind doing the re-balancing myself each year, I'm thinking of moving my money into the individual funds to support a better return. I've been rebalancing my portfolio for a number of years. I'm just not sure an improvement of 0.07% in the annual return is either the reason I'...
by RadAudit
Mon Aug 20, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: Timing your withdrawals
Replies: 40
Views: 3706

Re: Retirees: Timing your withdrawals

One a year in first week of January , I withdraw and re balance my portfolio. +1 So far it seems to be working. With SS and a small pension, part of the RMD has been all we've needed so far. Although, of late, DW has discovered one can check off bucket list items via cruising and enjoy the trip, too.