Search found 23696 matches

by dbr
Wed Nov 22, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Are these 401k Expenses High?
Replies: 2
Views: 135

Re: Are these 401k Expenses High?

Probably the answer is that the expenses are both outrageous and normal. The actual problem is the advisory fee which, should not exist. 0.25% plus 0.07% seems on the high side as well but might not be outrageous depending on the plan size. My plan at Megacorp with excess of $20B in the plan runs so...
by dbr
Wed Nov 22, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 46
Views: 2564

Re: Best vehicle for seniors?

My recently retired mother ...90% of her driving is to the store or church. I think she liked how easy it was to get in and out of the car... She lives in an area that gets occasional winter snow, and AWD could be useful. I think a CUV type of vehicle would probably suit her best... she could start...
by dbr
Wed Nov 22, 2017 2:09 pm
Forum: Personal Consumer Issues
Topic: Honda CR-V vs Subaru Outback
Replies: 14
Views: 1375

Re: Honda CR-V vs Subaru Outback

So here is the latest for those interested . . . Went back to the Subaru dealer yesterday, drove the Premium Outback with cloth seats and the 3.6 Limited with leather seats. Better than the CR-V but still having problems with mid back pain after a short drive (arrgh, I was definitely leaning toward...
by dbr
Wed Nov 22, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had a POA rejected? [Power of Attorney]
Replies: 30
Views: 2294

Re: Anyone had a POA rejected?

A shorter conversation would be "Anyone had a POA accepted ?" My experience is that banks & financial institutions don't accept any POA if it isn't on the bank's form unless there is some arm twisting by a lawyer. Major PITA. Edited to add: In the wonderful state of California. :annoyed I have had ...
by dbr
Wed Nov 22, 2017 12:13 pm
Forum: Investing - Theory, News & General
Topic: DISTRIBUTIONS
Replies: 8
Views: 739

Re: DISTRIBUTIONS

As a quick guess there isn't going to be a very large fraction of that total holding that can be converted tax efficiently. Still, it is entirely possible to run out a set of future tax scenarios that would show what can be done. If you aren't up to doing the work yourself, I would think you could h...
by dbr
Wed Nov 22, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 46
Views: 2564

Re: Best vehicle for seniors?

I should add that I really appreciate the safety features now common on most new cars. Probably the most useful day to day is the backup warning feature that can see crossing traffic as you try to back out of a space. It also picks up pedestrians that might be walking in your potential path, especia...
by dbr
Wed Nov 22, 2017 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Transfer to a Vanguard Brokerage account?
Replies: 11
Views: 417

Re: Transfer to a Vanguard Brokerage account?

Doesn't a brokerage account at Vanguard make them look just like the rest of the world? That would make sense to me if the handwriting on the wall is that they want to consolidate the operation.
by dbr
Wed Nov 22, 2017 11:39 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 169
Views: 10843

Re: The 4% rule DOES fail but still makes sense!

Those considering a withdrawal rate less than 3% would probably be well served to floor their income with a SPIA paying 4.5%, in addition to SS, and then implementing a higher withdrawal rate for the remainder of their portfolio. Otar considers this decision in his book. The gist of the comment is ...
by dbr
Wed Nov 22, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Transfer to a Vanguard Brokerage account?
Replies: 11
Views: 417

Re: Transfer to a Vanguard Brokerage account?

And, as mentioned there are brokerages that will give you money for opening new accounts and transferring in assets.
by dbr
Wed Nov 22, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: retirement portfolio
Replies: 6
Views: 541

Re: retirement portfolio

However, I am thinking of transferring all my funds to Vanguard. My goal is to maintain my principal and live off of income from my investments. I am planning that I can get a return of 4%. One third of my funds are in retirement accounts. Originally I was thinking of putting that 33% that is in re...
by dbr
Wed Nov 22, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Help DW gets fired, but then next day her boss offers her job back
Replies: 128
Views: 5481

Re: Help DW gets fired, but then next day her boss offers her job back

If it were me, I don't think I would ever go back. Her boss fired her and want to hire her back at less pay and less benefits. They have vicious intentions. Keep a copy of the pink slip and new offer, it might help her explain things when looking for a new job. No pink slip! He said. She said. May ...
by dbr
Wed Nov 22, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 127
Views: 6690

Re: Why not take Social Security at 62

If I have zero real need for SS in retirement and it's a "bonus" that will just be tossed in the market, then I'll wait until 70 to minimize longevity risk. An 8% annual increase seems massive in this low rate environment, and a larger annuity will provide a lot of safety in old age. If I've been l...
by dbr
Wed Nov 22, 2017 11:06 am
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 46
Views: 2564

Re: Best vehicle for seniors?

I bought an Outback a couple of years ago mainly starting with trying find a vehicle one can see out of with some minimal ease. I find that car to be a very good height for ingress/egress, neither too low as with a typical sedan nor too high as with many large SUVs. Seating comfort in the Outback ha...
by dbr
Wed Nov 22, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Is The Vanguard Balanced Index Fund All One Needs?
Replies: 52
Views: 10926

Re: Is The Vanguard Balanced Index Fund All One Needs?

58yo and combining 2 prev employer's plan, both tax deferred into 1 IRA with Vanguard. 200k total. Thinking of 50% VBIAX 60/40 and 50% VWIAX 40/60. Would that be considered good diversification? Probably, but Wellesley is not quite as diversified as it might be. It wouldn't be something to worry ab...
by dbr
Wed Nov 22, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: best SUV
Replies: 14
Views: 966

Re: best SUV

This sort of thread will eventually accumulate suggestions for every possible vehicle that might be found on the market that has whatever was specified and in addition a bunch of suggestions that don't. The latter is not a bad thing and the discussion can be informative. My neighbors, who seem to be...
by dbr
Wed Nov 22, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 169
Views: 10843

Re: The 4% rule DOES fail but still makes sense!

What asset allocation is this based on (%stocks/%bonds)? Are there index fund asset allocations where the 4% rule is less likely to fail? The general answer to that is the rule does fail if there are not enough stocks. The cutoff normally observed is a falloff at and under about 30% stocks. There d...
by dbr
Tue Nov 21, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: First time investor looking to jump in market but apprehensive with record highs
Replies: 18
Views: 1565

Re: First time investor looking to jump in market but apprehensive with record highs

Appreciate all the replies. I fully understand that I should pull the trigger and not worry about "timing the market." The particular reluctance is here, we've built a nice nest egg, and for the next 5-10 years, I don't see being able to stash away much more money, so we really are banking on the c...
by dbr
Tue Nov 21, 2017 10:40 am
Forum: Personal Consumer Issues
Topic: LED Lightbulbs - Recommended Brands
Replies: 47
Views: 2308

Re: LED Lightbulbs - Recommended Brands

I bought my first LED bulbs for £20 (would have been about $20 in USA) and did achieve a payback (over 5+ years, typically). That there were relatively early adopters such as myself created a market, which companies then went after. I think it is fair to say that CFLs underperformed what was someti...
by dbr
Tue Nov 21, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: First time investor looking to jump in market but apprehensive with record highs
Replies: 18
Views: 1565

Re: First time investor looking to jump in market but apprehensive with record highs

Ahh, the classic dca vs lump sum dilemma. The wiki states that if you lump sum, then you will make more money something like 66 percent of the time. https://www.bogleheads.org/wiki/Dollar_cost_averaging But if investing all at once followed by a big drop will scare you, it is fine to dca the money....
by dbr
Tue Nov 21, 2017 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Planning for the final months of work
Replies: 50
Views: 3366

Re: Planning for the final months of work

I may be wrong but I think financial advisory fees are tax deductible as well. Someone can supply correct detail on that. Certain investment expenses are a miscellaneous deduction so only the amount over 2% of your total AGI is deductible. However if those fees reduce your AGI then they are not ded...
by dbr
Tue Nov 21, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 127
Views: 6690

Re: Why not take Social Security at 62

As has become evident the answer depends on what you are trying to do. It is a general principle of all planning that the resolution of any dilemma at one level of a plan lies in reviewing and understanding how one arrived at the end of the preceding step of the plan. In this case there are the two ...
by dbr
Tue Nov 21, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Planning for the final months of work
Replies: 50
Views: 3366

Re: Planning for the final months of work

Knowledge is power. .1% a month is a lot of money for very little if any benefit. The safe withdrawal rate is usually considered .33% a month (4% a year) so you are paying EJ 1/3 of your safe withdrawal rate. You still need to figure out the Expense Ratios of your 20 funds. And with 20 funds I guar...
by dbr
Tue Nov 21, 2017 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Hoping for clarification on retirement income and financial advisor
Replies: 4
Views: 623

Re: Hoping for clarification on retirement income and financial advisor

To make a long story short, I never thought I would ever retire. I put money in my 401k and have a small investment account using the three fund strategy which is a take on the 4 fund strategy at Vanguard. It still may not happen, but I hope I make it. I am 48 so still have some time before I retir...
by dbr
Tue Nov 21, 2017 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Planning for the final months of work
Replies: 50
Views: 3366

Re: Planning for the final months of work

As I have said earlier to your question "Then there is transaction fees, dividend reinvestment fees,etc. I couldn't name them all." There are NO additional fees. I can even buy and sell stocks without a fee if I wanted to use my accounts at EJ as a brokerage account. The managed fee takes care of a...
by dbr
Tue Nov 21, 2017 9:59 am
Forum: Personal Consumer Issues
Topic: LED Lightbulbs - Recommended Brands
Replies: 47
Views: 2308

Re: LED Lightbulbs - Recommended Brands

My house is (with one minor and one larger exception) all LED since a couple of years ago. I am almost entirely in Switch bulbs, which are now no longer available mostly. I have never had a bulb failure and have no complaint in any application including enclosed bulbs on dimmers and three-way bulbs ...
by dbr
Tue Nov 21, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Certified Financial Planner (CFP) fees
Replies: 17
Views: 1046

Re: Certified Financial Planner (CFP) fees

Paying .75-1.0% every year on assets under management is flat out stupid. It is especially stupid as it is highly likely you will be managed into assets that themselves cost too much, up to another 1% or even more when all is said and done. I don't think a one time cost of $2500 is necessarily exces...
by dbr
Tue Nov 21, 2017 9:31 am
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 102
Views: 5489

Re: Tipping in living wage state. Redux.

In reality I disagree with our tipping culture in the US. How do you disagree with a culture? I think you can not like it or wish it were otherwise. Finding an actionable process to change a culture is a tall order. I'm not sure I understand your question. I disagree with the American culture of ti...
by dbr
Mon Nov 20, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 102
Views: 5489

Re: Tipping in living wage state. Redux.

In reality I disagree with our tipping culture in the US. How do you disagree with a culture? I think you can not like it or wish it were otherwise. Finding an actionable process to change a culture is a tall order. I'm not sure I understand your question. I disagree with the American culture of ti...
by dbr
Mon Nov 20, 2017 4:42 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 102
Views: 5489

Re: Tipping in living wage state. Redux.

EnjoyIt wrote:
Mon Nov 20, 2017 4:21 pm
In reality I disagree with our tipping culture in the US.
How do you disagree with a culture? I think you can not like it or wish it were otherwise. Finding an actionable process to change a culture is a tall order.
by dbr
Sun Nov 19, 2017 3:52 pm
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 21
Views: 1334

Re: Investment Portfolio Tracking & Spreadsheets

abuss368 wrote:
Sun Nov 19, 2017 3:37 pm
Importantly any spreadsheet can be tailored to our individual needs and circumstances.
Yes, that and the fact that right or wrong you know exactly what everything is and what you are calculating.
by dbr
Sun Nov 19, 2017 1:48 pm
Forum: Investing - Theory, News & General
Topic: Is treating all accounts as one bucket really simpler
Replies: 21
Views: 2679

Re: Is treating all accounts as one bucket really simpler

The real reason and origin for the "treating all accounts as one bucket" has to do with understanding one's asset allocation and the position one is in for risk and return. After that question is resolved there can be any number of practical answers as to how assets might be distributed for tax effi...
by dbr
Sun Nov 19, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 21
Views: 1334

Re: Investment Portfolio Tracking & Spreadsheets

I use an excel spreadsheet with many many tabs to track my expenses and income, assets and liabilities, individual stock and mutual fund returns (by incorporating Yahoo Finance), my asset allocation, and other things that are important to me. But I can't get my wife to sit down with me so I can sho...
by dbr
Sun Nov 19, 2017 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about cash and retirement - isn't this really about market timing?
Replies: 38
Views: 2984

Re: Confused about cash and retirement - isn't this really about market timing?

This entire thread confuses me because different posters seem to mean different things by the word "cash." When people say they have four years of cash, I surely hope that they are not holding four years of expenses in a standard savings account or even a money market account. It seems wasteful for...
by dbr
Sun Nov 19, 2017 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: How to take income from IRA?
Replies: 8
Views: 524

Re: How to take income from IRA?

You can (or may be able) to take a distribution in kind, but the distribution is still taxed in full as ordinary income. There might be an advantage in avoiding a commission to sell an asset and then repurchase the asset if for some reason you wanted to keep exactly that asset. It doesn't mean anyth...
by dbr
Sun Nov 19, 2017 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about cash and retirement - isn't this really about market timing?
Replies: 38
Views: 2984

Re: Confused about cash and retirement - isn't this really about market timing?

This entire thread confuses me because different posters seem to mean different things by the word "cash." When people say they have four years of cash, I surely hope that they are not holding four years of expenses in a standard savings account or even a money market account. It seems wasteful for...
by dbr
Sun Nov 19, 2017 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for Retirement Income
Replies: 1
Views: 270

Re: Investing for Retirement Income

Well, for sure costs are effectively a tax taken directly from your income, so paying excessive costs is a really bad idea. I'm not sure what problem you envision selling some assets to make a withdrawal from your portfolio. It is true that you have to attend to tax issues meaning you usually sell f...
by dbr
Sun Nov 19, 2017 11:56 am
Forum: Personal Consumer Issues
Topic: Syncing Family Files and Photos
Replies: 9
Views: 804

Re: Syncing Family Files and Photos

Google Drive folders can be shared to other Google accounts. Sharing can be restricted to read only or allow full access. Not sure how that interacts with the camera apps on phones but if you are just using Google drive as a repository, the shares work fine. I have several Google accounts used in m...
by dbr
Sun Nov 19, 2017 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Side investment to go along with a 2050 Fund (VFIFX)
Replies: 4
Views: 255

Re: Side investment to go along with a 2050 Fund (VFIFX)

That depends on what the secondary investment is for. What do you have in mind? For one thing you should not be confused that all savings for retirement have to be in a "retirement" account. You can save in a taxable account as well, and if you do, it would be very common to put that investment in s...
by dbr
Sun Nov 19, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 102
Views: 10531

Re: The valet smashed my Tesla into a brick wall!

I too am curious if Tesla does not have automatic brake activation for frontal impact. Does it even have collision warning?
by dbr
Sun Nov 19, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: Syncing Family Files and Photos
Replies: 9
Views: 804

Re: Syncing Family Files and Photos

Does anyone have a system to sync your family files and photos? My wife and I have One Drive and Google Drive accounts that we use to share our photos and financial files, but I'm trying to determine a configuration where our photos can be automatically synced into one account. I do this through Sh...
by dbr
Sun Nov 19, 2017 11:38 am
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 21
Views: 1334

Re: Investment Portfolio Tracking & Spreadsheets

I track portfolio, spending, balance my checking account, keep a record of credit cards, keep a record of taxes, have a budget plan, and record and track a variety of miscellaneous things of interest in Excel. Most of the data is entered manually though it is is possible to download contents of bank...
by dbr
Sun Nov 19, 2017 11:26 am
Forum: Investing - Help with Personal Investments
Topic: pretax and after tax wellesley investment
Replies: 2
Views: 372

Re: pretax and after tax wellesley investment

It might be helpful to know what kind of accounts this money is in. For example, maybe all the "pre-tax" accounts are IRAs, but the "post-tax accounts" could be a taxable account or a Roth IRA or a tIRA with non-deductible contributions. So show us what you have and what you are considering - you m...
by dbr
Sun Nov 19, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Planning for the final months of work
Replies: 50
Views: 3366

Re: Planning for the final months of work

Neither $45K out of your assets nor the mortgage payment out of your income and possible withdrawals are large enough to worry about. I would suggest you relax and not let this concern you. One possible consideration is that selling assets to pay the mortgage might incur capital gains tax cost and t...
by dbr
Sun Nov 19, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3356

Re: Do you include the sale of your home as part of your retirement planning?

But I absolutely view the home equity as part of the solution for long term care; e.g. I move to something like assisted living, and use sale proceeds of house to fund it. So, do I have LTC insurance? Sort of -- equity in the house would pay for about four years of assisted living in my area. Depen...
by dbr
Sun Nov 19, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Bond funds vs Ladder
Replies: 26
Views: 1788

Re: Bond funds vs Ladder

I agree there is no reason to replace a bond fund with a bond ladder just to enter retirement, or maybe ever. Management, complexity, and lack of diversification are reasons not to.
by dbr
Sun Nov 19, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: Is treating all accounts as one bucket really simpler
Replies: 21
Views: 2679

Re: Is treating all accounts as one bucket really simpler

There is no need to project tax paid 30 years into the future, because the return into the future is unclear. We only need to consider our investment's current value for the purpose of rebalancing. Variations of US tax laws treat each asset class differently according to account types. There is a p...
by dbr
Sun Nov 19, 2017 10:10 am
Forum: Personal Consumer Issues
Topic: Charge card, what info embedded in chip?
Replies: 9
Views: 841

Re: Charge card, what info embedded in chip?

If you do want to know what is on the chip you can look here:

http://pannetrat.com/Cardpeek/
http://tvr-decoder.appspot.com/t/home

and also Google for description of EMV card methodology.
by dbr
Sun Nov 19, 2017 10:04 am
Forum: Investing - Theory, News & General
Topic: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.
Replies: 50
Views: 4360

Re: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.

When talking about safe withdrawal rates and about the risk of running out of money before you die, I think it needs to be acknowledged that different people can have substantially different goals and preferences, and consequently a single correct approach cannot possibly exist , not even in theory...
by dbr
Sun Nov 19, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 169
Views: 10843

Re: The 4% rule DOES fail but still makes sense!

doesnt any rule depend on inflation rates? 4% may not be adequate if inflation goes to 4%? The amount withdrawn is indexed for inflation and the portfolio value is tracked in real dollars. That does not mean inflation cannot cause problems for a retiree. The historical worst year to retire, 1966, i...