Search found 2778 matches

by RadAudit
Wed Apr 18, 2018 7:11 am
Forum: Investing - Theory, News & General
Topic: Your Money Or Your Life
Replies: 42
Views: 5131

Re: Your Money Or Your Life

I know it is just me, but I can't understand all those people living very parsimoniously, only to finance a long (and a lot less secure) even more parsimonious retirement. What I get from glancing at this forum is that a number of posts are concerned with how soon can I get to an amount of money th...
by RadAudit
Mon Apr 16, 2018 8:10 am
Forum: Investing - Theory, News & General
Topic: The World in 2050 — GDP & Stock Market Capitalization
Replies: 52
Views: 3655

Re: The World in 2050 — GDP & Stock Market Capitalization

I'm just hoping that VG keeps updating the total international stock and bond fund portfolios to track the indices. Then, I'll concern my self with the domestic / international allocations of stocks and bonds within my portfolio. I'm sure it will be high on the lists of concerns as I move forward to...
by RadAudit
Mon Apr 16, 2018 7:36 am
Forum: Investing - Help with Personal Investments
Topic: What to do about withdrawal this year if market doesn't go up?
Replies: 32
Views: 2796

Re: What to do about withdrawal this year if market doesn't go up?

getting used to it. Switching gears from the accumulation phase to retirement does take some getting use to. Watching money go out the door with not enough coming in to make the portfolio balances go up can be unnerving, at first. Check your asset allocation (AA) and your sustainable withdrawal rat...
by RadAudit
Mon Apr 16, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: What percentage of you 2017 income can you account for?
Replies: 49
Views: 3162

Re: What percentage of you 2017 income can you account for?

imo if your savings rate is really high and you know how much is spent on big ticket items (housing, vehicles, pets, medical, loan service), the rest just ends up being trivial, for us anyway. ~ +1 LBYM. Invest the rest and roll on. Of course, most of our big expenditures are in the past, I hope.
by RadAudit
Sun Apr 15, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: "guaranteed" 6% return vs index fund investing
Replies: 30
Views: 2717

Re: "guaranteed" 6% return vs index fund investing

Personal opinion: Anything that offers a rate of return significantly greater than a government backed CD probably has some risk somewhere. You might want to keep that in mind.
by RadAudit
Sat Apr 14, 2018 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Aren't we betting a bit too heavily on US stocks and bonds?
Replies: 34
Views: 2556

Re: Aren't we betting a bit too heavily on US stocks and bonds?

but most of the simple portfolios I've come across recommend that at least 60-80% of our portfolio consists of US securities. Were the articles written for a US audience? If so, they may be shading their advice toward the hometown crowd's preferences. I'm from Europe and lately I've been thinking a...
by RadAudit
Thu Apr 12, 2018 4:43 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 66
Views: 7908

Re: Too much Bogleheads.org?

dodecahedron wrote:
Tue Apr 10, 2018 9:44 pm
"People always live for ever when there's an annuity to be paid them."
So, that's why so many folks on this site recommend annuities!!! :wink:
by RadAudit
Tue Apr 10, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5033

Re: Retirees: Who's increasing their equities as they age?

my point is that long periods of a rising stock market due tend to make one "think about increasing my equity side a little." I eventually decided not to. I was glad I didn't. Although I thought I'd been planning for the possibility of a 50% decline all along, when it actually happened the pain was...
by RadAudit
Sun Apr 08, 2018 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: !Please Advise on sensible housing for guy going through divorce!
Replies: 32
Views: 2622

Re: !Please Advise on sensible housing for guy going through divorce!

There is a law firm in our area of the country that specializes in representing men who are going through a divorce. You may wish to see if your area has one of those types of firms.
by RadAudit
Sun Apr 08, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Am I Crazy??? [Excess W-4 withholding, got large tax refund]
Replies: 31
Views: 3468

Re: Am I Crazy???

GoldenGoose wrote:
Sat Apr 07, 2018 10:59 am
Am I crazy?
I have a friend who deliberately withholds a large amount just so he can get a big return. I'm fairly sure he is not crazy. Not too good at math; but, not crazy.
by RadAudit
Sat Apr 07, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11217

Re: What is your AA, given your age? and, Why?

I'm 71 AA is 50 / 50, Stocks are split 60 / 40 domestic / international, Bonds are split 70 / 30 domestic / international. The sub-set allocation follows, roughly, the VG Retirement Income allocation as I recall. The overall allocation was arrived at over several decades as I found out over successi...
by RadAudit
Sat Apr 07, 2018 7:00 pm
Forum: Investing - Theory, News & General
Topic: JAMA article's health implications for asset allocation
Replies: 28
Views: 2416

Re: JAMA article's health implications for asset allocation

VictoriaF wrote:
Thu Apr 05, 2018 2:16 pm
The U.S. market has never lost 75%, but it could
I thought the US market (Dow) lost 90% over several years during the Depression. Could be wrong.
by RadAudit
Sat Apr 07, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13798

Re: Parents have zero savings. What can I do?

DanMahowny wrote:
Sat Apr 07, 2018 1:18 pm
livesoft wrote:
Sat Apr 07, 2018 12:23 pm
You can tell them:

Not my monkeys, not my circus.

Or buy them the T-shirt.
Agree 100%
May be not. Holiday dinners might become a real hoot.
by RadAudit
Sat Apr 07, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax "Audit Defense" worth it?
Replies: 9
Views: 1574

Re: TurboTax "Audit Defense" worth it?

In your case, it might be. Couldn't hurt.

For my returns, not so much.
by RadAudit
Fri Apr 06, 2018 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 39
Views: 3877

Re: Who uses the 3 fund portfolio ?

aaja wrote:
Thu Apr 05, 2018 11:32 pm
This makes me wonder whether the 3 fund portfolio is only for beginners
The simple answer is no.
by RadAudit
Wed Apr 04, 2018 9:51 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Speeches - Support the Forum?
Replies: 6
Views: 1064

Re: Jack Bogle Speeches - Support the Forum?

Some BH would just point out that most of that information is available for free on Mr. Bogle's website.
by RadAudit
Wed Apr 04, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: What can we learn from secret millionaires.
Replies: 93
Views: 16405

Re: What can we learn from secret millionaires.

I can also tell you that one attribute of a secret millionaire is that they understand very well that a million dollars isn't a lot of money. Good point. (At a 4% SWR, $40k doesn't go but so far.) The corollary to that observation is that you can't tell that to anyone else because they'll look at y...
by RadAudit
Wed Apr 04, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: How Scalabale is the 3/4 Fund portfolio?
Replies: 38
Views: 2811

Re: How Scalabale is the 3/4 Fund portfolio?

bligh wrote:
Wed Apr 04, 2018 4:25 pm
Is there a point at which you believe that your portfolio is could be too big to be held solely in the 3 or 4 fund portfolio?
Not any point I'm likely to get to.
by RadAudit
Mon Apr 02, 2018 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing target date fund
Replies: 8
Views: 649

Re: Choosing target date fund

Welcome to the forum.

2045, assuming that you'll retire at 60.

That's the simple answer. Could be a lot more complicated than that based on the unique particulars of your situation; but, it's a good place to start.
by RadAudit
Mon Apr 02, 2018 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time to retire
Replies: 23
Views: 3598

Re: Is it time to retire

What are you going to do when you retire? I didn't remember seeing anything about what you wanted to do.
by RadAudit
Mon Apr 02, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 10597

Re: What age is the best to give a child control of an inheritance?

OP, thanks for starting this thread.

I've gone back and forth on this question more times than a ping-pong ball. :happy Lot to think about.
by RadAudit
Fri Mar 30, 2018 10:01 am
Forum: Investing - Help with Personal Investments
Topic: RMDs & "Prime Harvesting Strategy"
Replies: 7
Views: 1130

Re: RMDs & "Prime Harvesting Strategy"

heyyou wrote:
Wed Mar 28, 2018 8:42 pm
Calculate the Prime Harvesting amount, subtract the RMD from it, to find how much more to withdraw (WD).
I think you have a larger portfolio than I do.
by RadAudit
Thu Mar 29, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: CNBC: A.I. Money Managers Comng Soon..
Replies: 2
Views: 517

Re: CNBC: A.I. Money Managers Comng Soon..

I wonder what a conversation with an AI FA would sound like if a client needed hand holding during severe market turbulence.
by RadAudit
Thu Mar 29, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Should I loan my child money for college?
Replies: 73
Views: 5215

Re: Should I loan my child money for college?

Welcome to the forum. Well, given that you probably can't borrow your way through retirement, it might not be the best idea to loan too much to your daughter. And, since there are programs for forgiveness of student loans for some folks going in to the health care field, that might be the way to go....
by RadAudit
Thu Mar 29, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: Spending in Retirement: An interesting study
Replies: 5
Views: 1413

Re: Spending in Retirement: An interesting study

I don't wish to guess at what GAAP wants. But, if you're normal retirement age (65) and planning on a 30 yr retirement to figure a SWR, you might leave money on the table compared to using a projection based on probable life span. Not the worse outcome possible.
by RadAudit
Wed Mar 28, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for retirees.. who writes this stuff!?
Replies: 8
Views: 2013

Re: Advice for retirees.. who writes this stuff!?

A retiree day trading with hard earned savings going "full-bore" as their new job is a very dangerous game indeed. Many people have forgotten the harsh lessens of 1999-2001 (or were not investing yet.) Has it been that long? Time flies. I still remember the stories of folks going off the rails and ...
by RadAudit
Wed Mar 28, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: RMDs & "Prime Harvesting Strategy"
Replies: 7
Views: 1130

Re: RMDs & "Prime Harvesting Strategy"

My money is in a four fund set up and most of it is in an IRA. I view both both tax deferred and non-tax deferred as parts of the same portfolio. The RMDs are taken from the bond side in tax deferred. Then, after I put enough money in a non-tax deferred MM for the year, the remainder goes in to a n...
by RadAudit
Wed Mar 28, 2018 5:39 pm
Forum: Investing - Theory, News & General
Topic: Prime Harvesting--Do I have the steps accurate
Replies: 8
Views: 1153

Re: Prime Harvesting--Do I have the steps accurate

He provides the exact details needed in Chapter 3 on page 91 of his free pdf download at http://livingoffyourmoney.com/ You may also want to take a look at the ERN article (the entire series on withdrawal strategies is excellent) that discusses a smoother version of harvesting to reduce the abrupt ...
by RadAudit
Wed Mar 28, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Do you spend all your "income"?
Replies: 46
Views: 4239

Re: Retirees: Do you spend all your "income"?

Thanks to all for your comments on RMDs. Learned something today.
by RadAudit
Wed Mar 28, 2018 3:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 16925

Re: A lot of heavy hitters this morning

Ron wrote:
Wed Mar 28, 2018 12:55 pm
Just remember, when folks start to talk about their 7 figure portfolios, that could mean anything from $10,000.00 to $9,999,999.

Both amounts have seven (digit) figures :mrgreen: ...

- Ron
I always count the digits to the right of the decimal point.
by RadAudit
Tue Mar 27, 2018 4:48 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Do you spend all your "income"?
Replies: 46
Views: 4239

Re: Retirees: Do you spend all your "income"?

I am not even close to spending my income since I retired. Congrats! :sharebeer Of course, some on the forum will argue for spending more if that's what you want to do. Or, they could point out you probably worked too long or saved too much. (Similar to the old saw about spent too much or died too ...
by RadAudit
Tue Mar 27, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: KF Annual Expense Based Personal Finance Strategy
Replies: 149
Views: 6242

Re: KF Annual Expense Based Personal Finance Strategy

Thanks for the post.

OK. If the goal is FI, after you get by the first line, how do you calculate when you reach FI? Assets times some whole number? Cash flow? If so, from what?
by RadAudit
Tue Mar 27, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Anxious about retirement - Am I alone?
Replies: 10
Views: 2140

Re: Anxious about retirement - Am I alone?

But maybe there are interesting things to do that you might suggest? Looks as if you are off to a good start. I'm sure other interests will present themselves as time goes on. Best wishes. I'm sure you'll do OK. PS: I'm told gardening is good, if you like it. (Dad was raised on a farm. Liked to can...
by RadAudit
Tue Mar 27, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Grass is always greener, federal edition
Replies: 59
Views: 6427

Re: Grass is always greener, federal edition

Stay where you are and enjoy it. It's a lot less stressful to enjoy the work you do than to wonder every day if you have enough to retire and / or calculate the odds of running out of money before you die.
by RadAudit
Tue Mar 27, 2018 7:13 am
Forum: Investing - Help with Personal Investments
Topic: Investing for retired lady
Replies: 4
Views: 630

Re: Investing for retired lady

My instinct is just to buy all Vanguard total bond market even though it is a taxable account. The women is in her 50s. She has maybe 40 more years to go. If she doesn't need the money to live off of now, I'd recommend something with a little more potential for growth. Primarily, because inflation ...
by RadAudit
Sun Mar 25, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Anxious about retirement - Am I alone?
Replies: 10
Views: 2140

Re: Anxious about retirement - Am I alone?

segula wrote:
Sun Mar 25, 2018 11:58 am
Thoughts on how to enjoy that time meaningfully?
Besides traveling and eating, what other activities are meaningful to you? Can you indulge in those activities on your retirement budget?

Nothing wrong with eating and traveling; but ...
by RadAudit
Sun Mar 25, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Best Target fund for my age?
Replies: 23
Views: 1387

Re: Best Target fund for my age?

Ok, so what are the guidelines for low, medium and high expense ratios? In other words, what would be the cut off for a low ER, .75%? From what I can pull up on internet, seems the general rule is anything under a .75% is considered low. Opinions differ on that. But, if it is the best you can do, y...
by RadAudit
Sun Mar 25, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Best Target fund for my age?
Replies: 23
Views: 1387

Re: Best Target fund for my age?

I guess one question is my ROTH TRP Cap Apprec fund has an expense ratio of .71, while Vanguard Target 2030 is .14. Will this difference in lower expense really add up over a 12 year period, or would the difference be minimum and not really a concern? The short answer is yes. I haven't looked at / ...
by RadAudit
Sun Mar 25, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Best Target fund for my age?
Replies: 23
Views: 1387

Re: Best Target fund for my age?

rad, No, also my TIAA-CREF 403(b) ($425,000.00). Ah, the plot thickens!! The question now becomes what is the right AA for a portfolio of a 1/2 mil? General answer of need, willingness ... still applies. Might want to go to the wiki and look for asking questions. Around here, the general advice run...
by RadAudit
Sun Mar 25, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Best Target fund for my age?
Replies: 23
Views: 1387

Re: Best Target fund for my age?

Well, typically as a general rule, what percentage of stocks and bonds is appropriate for a 55 yo with 12 year till retirement who is moderate? Not to be snarky, the AA should be the one that meets your need, willingness and ability to accept the risks necessary to meet your goals. But to give an a...
by RadAudit
Sat Mar 24, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 11842

Re: Seasoned bogleheads repressing the thought of lower expected returns

There are a number of BHers who are willing to accept what the markets provide. Some of those believe in LBYM.
by RadAudit
Sat Mar 24, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: RMDs & "Prime Harvesting Strategy"
Replies: 7
Views: 1130

Re: RMDs & "Prime Harvesting Strategy"

I'm retired and taking RMDs. Additionally, I am also using Alt-Prime Harvesting which for the sake of this thread is close enough. My money is in a four fund set up and most of it is in an IRA. I view both both tax deferred and non-tax deferred as parts of the same portfolio. The RMDs are taken from...
by RadAudit
Tue Mar 20, 2018 6:03 pm
Forum: Investing - Theory, News & General
Topic: Maybe Ramsey is right
Replies: 43
Views: 9476

Maybe Ramsey is right

Didn't see this posted; apologies if I missed it. Apparently, as may as 5% of the mutual funds can beat the S&P indices over 15 years. Now, if we only knew in advance ... http://www.aei.org/publication/more-evidence-that-its-very-hard-to-beat-the-market-over-time-95-of-financial-professionals-cant-d...
by RadAudit
Tue Mar 20, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth: Boosting Returns With Rebalancing
Replies: 11
Views: 1723

Re: Alan Roth: Boosting Returns With Rebalancing

Roth says
So far in the first 18 years of the century, rebalancing has boosted returns.


I wonder how much the 18 year trend was helped by rebalancing just after 2008 - 2009? And around 2000, if I recall correctly.
by RadAudit
Fri Mar 16, 2018 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: If you knew a recession was coming, what would you do?
Replies: 57
Views: 6507

Re: If you knew a recession was coming, what would you do?

I'm retired. I'd make sure the portfolio AA agreed with my IPS and take the RMDs from the bond side of the portfolio. The bond side should cover SWRs for about 20 years.* I'd rebalance when / if stocks recovered to appropriate levels. * If stocks don't recover in 20 years, hopefully I'll think of so...
by RadAudit
Wed Mar 14, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Cash out inherited IRA or just take RMD's?
Replies: 19
Views: 1382

Re: Cash out inherited IRA or just take RMD's?

I've been taking RMDs from an inherited IRA for nine years now. Nothing major; but, I see no reason to forego the tax deferred compounding that this approach permits me. And, I see no reason to let the feds and the state tax me for a larger withdrawal; I can come up with the money I need from other ...
by RadAudit
Tue Mar 13, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 12382

Re: Need advice re: Liberal Arts Colleges...

There are a number of individuals who go to and graduate from any number of LACs who live perfectly satisfying lives - maybe not what a BH, engineer / MBA would want, but ... Don't fall for the scam of "everyone has to go to grad school to get a job these days". +1 Is a degree from a LAC useful from...
by RadAudit
Mon Mar 12, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Calling home elevator owners
Replies: 15
Views: 1900

Re: Calling home elevator owners

AntsOnTheMarch wrote:
Mon Mar 12, 2018 11:24 am
Why would they lug groceries upstairs?
Kitchens on the beach rentals I'm familiar with are on the third floor. Third floor decks also help see over the dunes and catch the afternoon breezes.
by RadAudit
Mon Mar 12, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Calling home elevator owners
Replies: 15
Views: 1900

Re: Calling home elevator owners

My friends are trying to sell a home on the beach which was designed for and built by their mom (now in assisted living). The home has an elevator and they are having a dickens of a time (a couple of years on the market) with real estate agents telling them that buyers don’t want elevators. If pote...