Search found 44 matches

by kalrocmk
Wed Oct 10, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Social Security
Replies: 4
Views: 743

Re: Estimating Social Security

Thank you all for the information. I will assume that the disability amount is her accrued full retirement benefit to date and calculate accordingly.

:sharebeer
by kalrocmk
Thu Oct 04, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Estimating Social Security
Replies: 4
Views: 743

Estimating Social Security

We are hoping to retire next year and my wife will then be 55 years old. Does anyone know of a simple way to estimate what her SS benefits would be if she decides to start taking SS at age 62? Her statement from says that her retirements if she starts at age 62, the payment would be about $1,722 a m...
by kalrocmk
Tue Sep 25, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: PIMCO PTY
Replies: 2
Views: 247

Re: PIMCO PTY

Thanks.
by kalrocmk
Tue Sep 25, 2018 9:43 am
Forum: Investing - Theory, News & General
Topic: PIMCO PTY
Replies: 2
Views: 247

PIMCO PTY

Some one suggested that I explore PIMCO closed end fund - specifically PTY. Anyone here knows more about it who can educate me about it. How can it return almost 8% interest when it is primarily a bond fund? What are the potential risks? :sharebeer
by kalrocmk
Thu Aug 09, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 16046

Re: Will you pay for your kids' college/graduate education?

DW and I decided to pay for my DD's education. When she was in 2nd grade, we prepaid for 4 years of in-state tuition and another 8K in a 529 plan for books. We have set aside another $150K for her room and board and post graduate costs. What ever is left from this will be hers to invest in reliable ...
by kalrocmk
Thu Jul 19, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Good to Go, yes/no?
Replies: 21
Views: 2098

Re: Good to Go, yes/no?

Looks like you have won the game. Good to go. :sharebeer Congratulations!
by kalrocmk
Wed Jun 20, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 9442

Re: Which Supermarket are you?

In the National Capital Region, we have a lot of choices. MY favorite grocery store is LOTTE in Chantilly, VA. Lots of fresh produce and ethnic goods. We also frequent Trader Joes.
by kalrocmk
Thu May 31, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Instant pot pressure cooker
Replies: 50
Views: 6955

Re: Instant pot pressure cooker

My DW loves the Instant Pot. Way better than the regular pressure cookers. She has also managed to convince several of her friends to buy one. easily the best appliance investment for us.
by kalrocmk
Wed May 23, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: How long to hold 80/20 asset allocation
Replies: 58
Views: 11272

Re: How long to hold 80/20 asset allocation

There are many schools of thought on what is the ideal asset allocation. The bottom line is that the best asset allocation for you is the one that lets you sleep well at night, gives you the desired rate of return that you need to meet your financial goals and can be easily implemented.
by kalrocmk
Fri May 04, 2018 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Too much cash - what to do?
Replies: 16
Views: 2817

Re: Too much cash - what to do?

I would take my bond holdings in the taxable account and sell them and buy VTI with that. This will decrease the taxable cash they generate. You are in 33% federal tax and 10% state tax bracket, so you need to minimize your taxable income. I would also try to contribute the maximum into ROTH IRA aft...
by kalrocmk
Fri May 04, 2018 8:18 am
Forum: Investing - Theory, News & General
Topic: Help me understand the "25x/30x cost of living" retirement goal numbers?
Replies: 17
Views: 2129

Re: Help me understand the "25x/30x cost of living" retirement goal numbers?

One can certainly adjust take home pay for additional long term savings that you fund from it. I adjusted mine by the $6500 I put into my Roth IRA, for example. Don't forget to adjust upwards also. If your savings are in tax deferred, then you will have to pay taxes when you withdraw. Also, you wil...
by kalrocmk
Tue May 01, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter starting college and I am retiring
Replies: 45
Views: 4957

Re: Daughter starting college and I am retiring

Thank you all for the information. I understand that I will have to live, maintain residency and pay taxes in Virginia for the full duration of her going to college in Virginia. The thing that I was considering was - would it be cost effective for me to move to Florida next summer and have her pay o...
by kalrocmk
Tue May 01, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Daughter starting college and I am retiring
Replies: 45
Views: 4957

Daughter starting college and I am retiring

I am planning on retiring in summer of 2019. My daughter will be starting college during fall 2019. We are residents of Virginia currently but hoping to move to Florida. If we delay moving to Florida, DD will be eligible for in-state tuition in Virginia. I do not know how long do we have to be resid...
by kalrocmk
Fri Apr 20, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Index Funds Return Above Average
Replies: 11
Views: 1021

Re: Index Funds Return Above Average

Everyone's return is an 'average' return by definition. The return one gets is a weighted average of the return of one's portfolio. The return of an investors who is investing in an index fund is not getting a return equal to the average of the returns obtained by all the investors. The average retu...
by kalrocmk
Fri Apr 20, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Index Funds Return Above Average
Replies: 11
Views: 1021

Re: Index Funds Return Above Average

Everyone's return is an 'average' return by definition. The return one gets is a weighted average of the return of one's portfolio. The return of an investors who is investing in an index fund is not getting a return equal to the average of the returns obtained by all the investors. The average retu...
by kalrocmk
Thu Mar 22, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Much gratitude!
Replies: 5
Views: 576

Re: Much gratitude!

Congratulations! Thank you for your inspiring story. :sharebeer
by kalrocmk
Fri Mar 09, 2018 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Would YOU retire
Replies: 67
Views: 9808

Re: Would YOU retire

9650 prior to any medicare. 1500 less when my wife gets on medicare. 1500 less when i get on medicare and15% less when i turn 80. I actaully model this on a year by year basis with my wifes ss kicking in when she turn 67 and my ss kicking in when i turn 67 and medicare reductions kicking in when ea...
by kalrocmk
Thu Feb 15, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Federal Retiree Health Care with/Medicare
Replies: 209
Views: 19616

Re: Federal Retiree Health Care with/Medicare

I am with Aetna Open Access HMO currently and am quite happy with it. All our doctors are through Aetna. I have thought about switching to Kaiser. The other option I am thinking about is Aetna Direct. Does anyone have experience with that? How would it work with my spouse not on Medicare?
by kalrocmk
Tue Feb 13, 2018 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Retiree Health Care with/Medicare
Replies: 209
Views: 19616

Re: Federal Retiree Health Care with/Medicare

Delamer and dm200 many thanks for the responses. I will check into Kaiser and the checkbook article.
by kalrocmk
Tue Feb 13, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Federal Retiree Health Care with/Medicare
Replies: 209
Views: 19616

Re: Federal Retiree Health Care with/Medicare

I am in a similar situation as the OP. I plan on retiring next year at age 62 with an immediate annuity. I had a few questions and hope that other folks here may be able to answer. My wife is also a federal employee but will not be retiring from the federal government. She plans on quitting her job ...
by kalrocmk
Fri Feb 09, 2018 12:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 58453

Re: Excited about a milestone!

:sharebeer

Congratulations! that is no small achievement.
by kalrocmk
Tue Jan 23, 2018 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead Newbie pulled the trigger....
Replies: 17
Views: 4331

Re: Boglehead Newbie pulled the trigger....

Thank you for posting your inspirational story! It's posts like these that help us all to keep the faith when we are tempted to stray. :sharebeer
by kalrocmk
Mon Nov 27, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 36826

Re: Does anyone here with net worths north of $1 mil use financial advisors?

no. We haven't used a FA. Prefer to go it alone and consult with BH when need some guidance.
by kalrocmk
Tue Nov 14, 2017 10:03 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 195
Views: 18318

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

You have to take the context into account. The original Bengen study based it on actual market returns. The worst starting year was in 1967 IIRC. If your portfolio drops by 20% in year 1 of 30 the subsequent 29 years will likely be better because the markets have better valuations after the drop. Wh...
by kalrocmk
Wed Oct 25, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help with allocations
Replies: 21
Views: 2836

Re: Help with allocations

First of all, congratulations on getting your financial house in order. You are on the right track. I wish I had found this forum years back when I was younger. Your future 401K seems to have a small cap tilt. I like to keep things simple. I use personal capital which aggregates all my investment ac...
by kalrocmk
Thu Oct 05, 2017 11:24 am
Forum: Personal Finance (Not Investing)
Topic: That blank stare... ?
Replies: 49
Views: 4090

Re: That blank stare... ?

I am glad to find out that I am not the only one who gets that reaction from my lovely wife. But as I get older, she seems to be coming around and starting to pay more attention. I think that reality is sinking in that I may not be around forever. Yesterday, she voluntarily went to a workshop at her...
by kalrocmk
Mon Oct 02, 2017 9:50 am
Forum: Local Chapters and Bogleheads Community
Topic: Retirement Class of 1998
Replies: 47
Views: 6779

Re: Retirement Class of 1998 (Sheepdog's Experience)

Thank you for posting this very encouraging post. It is really an inspiration to hear your success story. Wish you many more happy years. :sharebeer
by kalrocmk
Thu Aug 31, 2017 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Rezoning and Development
Replies: 11
Views: 1024

Re: Rezoning and Development

There are a few things that I would look into: • The new zone district- You will be signing a form to apply to rezone your property regardless of the sale- if the rezone goes through is there anything in the zone district standards that would create a problem for your current situation and reasonab...
by kalrocmk
Wed Aug 30, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Rezoning and Development
Replies: 11
Views: 1024

Re: Rezoning and Development

He is an architect and has done some real estate deals before. He bought his small house on a lot the same size as mine in 2008, with the intention of living in it while he builds a bigger house in the back portion of the lot and then tear down the one he is living in. But after he moved in, he disc...
by kalrocmk
Wed Aug 30, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Rezoning and Development
Replies: 11
Views: 1024

Re: Rezoning and Development

Thank you for your input about doing a straight deal. I am not sure that my neighbor will qualify for a loan to buy my house without the rezoning in place, given that he has the house that he lives in too.
by kalrocmk
Tue Aug 29, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Rezoning and Development
Replies: 11
Views: 1024

Re: Rezoning and Development

Both the lots will be needed in order to get the "frontage" needed to subdivide. I will check with the real estate agent about the potential value of the subdivided lots.
by kalrocmk
Tue Aug 29, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Rezoning and Development
Replies: 11
Views: 1024

Re: Rezoning and Development

Just double check that the "deal" makes sense for you. Also, be careful about locking yourself into something that is 2 years in the future. Who knows what you might want to do, or what the situation might be then. And no matter what, have a real estate attorney (your attorney, not the neighbor's) ...
by kalrocmk
Tue Aug 29, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Rezoning and Development
Replies: 11
Views: 1024

Rezoning and Development

I have learned a lot from the people on this forum. Thank you for your insights. My neighbor approached me the other day with an offer. He would like to file for rezoning our two plots and build 4 to 5 single family houses on the combined properties. My house is worth about $850K. I told him that I ...
by kalrocmk
Fri Jul 07, 2017 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: Paid off the Mortgage!
Replies: 73
Views: 7138

Re: Paid off the Mortgage!

Congratulations! I hope to do the same in a few years. Enjoy the freedom that comes from not having a mortgage.
by kalrocmk
Wed Jun 28, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Hilton Vacation Getaways
Replies: 11
Views: 1837

Re: Hilton Vacation Getaways

My DW had specifically asked the saleslady to send her the details via email so that she could read everything. Nothing came in writing.

I will try to call the supervisor and see if we can get it cancelled.

Thanks for the feedback.
by kalrocmk
Tue Jun 27, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: (Almost) every day I make a financial mistake more costly than the day before
Replies: 57
Views: 8615

Re: (Almost) every day I make a financial mistake more costly than the day before

I feel your pain of indecision. I used to trade a lot. In the long run, what I realized was that my passive portfolio (DCA into my 401K Plan) performed much better than my taxable trading portfolio. The key to investing lies in your psychology. You have to figure out a way to overcome your emotions....
by kalrocmk
Tue Jun 27, 2017 9:43 am
Forum: Personal Consumer Issues
Topic: Hilton Vacation Getaways
Replies: 11
Views: 1837

Re: Hilton Vacation Getaways

Thanks. Will do.
by kalrocmk
Tue Jun 27, 2017 8:44 am
Forum: Personal Consumer Issues
Topic: Hilton Vacation Getaways
Replies: 11
Views: 1837

Hilton Vacation Getaways

My wonderful wife got a call from Hilton Vacation Getaways and was invited to spend 4 days 3 nights in Las Vegas for $350 as long as we sat in on a 2 hour long presentation. Unfortunately she agreed and gave them her credit card number. She requested all the details to be sent to her in an email. Sh...
by kalrocmk
Mon Jun 12, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Need a sanity check on my retirement plan
Replies: 4
Views: 1222

Re: Need a sanity check on my retirement plan

First of all thank you very much for the feedback. Just to confirm, will you have health care through your wife as long as she is still working? The only risk you are taking is if for some reason your wife becomes unable to work until full retirement age. Then you could lose her income as well as he...
by kalrocmk
Fri Jun 09, 2017 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Need a sanity check on my retirement plan
Replies: 4
Views: 1222

Need a sanity check on my retirement plan

Because of health reasons, I am considering retiring earlier than I expected. I am requesting feedback on my retirement plan. Personal Details: I am 60 years old, Wife is 53 and one daughter who is 16. Living in northern Virginia. Daughter will be heading to college (hopefully) in September 2019. We...
by kalrocmk
Sat Apr 11, 2015 12:40 am
Forum: Investing - Help with Personal Investments
Topic: Two Comma Club
Replies: 94
Views: 19707

Re: Two Comma Club

Congratulations! And welcome to the club. It is a great feeling to reach this milestone and comforting to know that you are that much closer to being financially independent.
by kalrocmk
Sat Apr 11, 2015 12:04 am
Forum: Investing - Help with Personal Investments
Topic: Retirement planning
Replies: 3
Views: 903

Re: Retirement planning

Thank you for confirming that We are on track. We will definitely revisit the asset allocation. Our focus has always been on stocks and bonds are a relatively rrecent addition to our portfolio.
by kalrocmk
Fri Apr 10, 2015 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement planning
Replies: 3
Views: 903

Retirement planning

Current Expenses: Approximately $100K per year including $15K for travel but excludes income and payroll taxes. This has been estimated based on the detailed tracking over last two years. Emergency funds: $45K in checking and money market accounts Debt: $300K - 5 year balloon note due December 2016....