Search found 16 matches

by SammyD1st
Thu Aug 04, 2011 12:22 pm
Forum: Investing - Theory, News & General
Topic: Fixed Immediate Annuity
Replies: 32
Views: 2813

... I couldn't even verify that The Hartford still offers it. Are you sure they do? The link you posted seems to be to their regular income annuities. The product that the press described as "longevity insurance," which had the age-80-and-higher payout dates and a funny optional "fac...
by SammyD1st
Wed Aug 03, 2011 10:54 pm
Forum: Investing - Theory, News & General
Topic: Fixed Immediate Annuity
Replies: 32
Views: 2813

(mortality credits) are not very important before age 70 or 75. I had my parents buy "longevity insurance" instead of a SPIA for this reason. Setting the payout date to age 80 or 85 allows one to buy the longevity insurance now but still get lots of mortality credits. My parents bought th...
by SammyD1st
Thu May 05, 2011 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Med School Loan Interest in Forbearance vs. Roth IRA
Replies: 26
Views: 3256

My wife and I are in a similar situation, a few years ahead: she is finishing residency this year, while I'm a lawyer with almost as much in student loans. You two are EXCELLENT candidates for the "Public Service Loan Forgiveness" program: http://www.finaid.org/loans/publicservice.phtml Re...
by SammyD1st
Sat Jan 08, 2011 8:11 am
Forum: Investing - Theory, News & General
Topic: Make grandchildren IRA beneficiaries, or a trust?
Replies: 27
Views: 4714

The relationship between the age of the child and the size of the inherited IRA, for purposes of application of the Kiddie Tax, is shown here: http://i.imgur.com/hlPnE.png If the inherited IRA balance is above the line for any given age of the child, then that portion of the RMDs will be subject to ...
by SammyD1st
Thu Sep 16, 2010 2:55 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard/"Income Solutions" income annuity pro
Replies: 46
Views: 17169

While we're talking about SPIAs... ... I don't suppose anyone might be able to point me in the direction of some authoritative resources (other than Chapter 7 of the Retirement Guide) on the role of SPIAs in retirement financial planning? I'm trying to convince my parents to annuitize a small portio...
by SammyD1st
Fri Aug 20, 2010 7:26 pm
Forum: Personal Investments
Topic: Roth IRA gift for Military?
Replies: 9
Views: 1993

It's worth noting that the investment options in the TSP are much better than those available from any brokerage, from a pure cost-minimization perspective.

If he's not already maxing out his TSP, maybe you could just give him more money to put into it.
by SammyD1st
Thu Jan 08, 2009 6:28 pm
Forum: Personal Investments
Topic: Retirement Portfolio Review
Replies: 20
Views: 3679

For the record, FIRECalc does NOT use a monte carlo simulation. You might try flexibleretirementplanner.com for that. This is true, I used the term wrongly, my mistake. FireCalc is actual historical returns as opposed to randomized returns. But both measure the same thing, the likelihood of portfol...
by SammyD1st
Thu Jan 08, 2009 7:25 am
Forum: Personal Investments
Topic: Retirement Portfolio Review
Replies: 20
Views: 3679

... your apparent understanding that intended withdrawal rate has something to do with what makes a sensible stock/bond ratio. I think this is completely invalid (at least within the concept of this example) and once you understand that, the answers you have gotten here will make more sense to you....
by SammyD1st
Wed Jan 07, 2009 8:26 pm
Forum: Personal Investments
Topic: Retirement Portfolio Review
Replies: 20
Views: 3679

This sounds like you're trying to convince yourself that your strategy is the only way to go, regardless of any other opinions. Ouch, I'd sort of prefer if folks attacked my evidence and arguments rather than attacking my motives. I posted precisely because I wanted to hear other's opinions, but it...
by SammyD1st
Wed Jan 07, 2009 6:39 pm
Forum: Personal Investments
Topic: Retirement Portfolio Review
Replies: 20
Views: 3679

Thanks all! Some very interesting thoughts - however, I'm not sure I'm entirely convinced that 70/30 is bad in this situation. Of course, generally , the older one gets the more conservative a portfolio one should use. However, it seems to me that it all depends on the withdrawal rate . You have alm...
by SammyD1st
Wed Jan 07, 2009 6:03 am
Forum: Personal Investments
Topic: Retirement Portfolio Review
Replies: 20
Views: 3679

Thank you all for your posts! It seems that determining the basic stock/bond asset allocation is actually one of the hardest parts of this whole passive investing thing. I'm still not entirely sure where my parent's allocation should lie. On the one hand, they don't "need" to take any extr...
by SammyD1st
Tue Jan 06, 2009 6:39 am
Forum: Personal Investments
Topic: Retirement Portfolio Review
Replies: 20
Views: 3679

Retirement Portfolio Review

Hello Bogleheads, This is my first new topic post, I'm writing to ask for your general guidance and advice regarding my parent's retirement portfolio. Please let me know if I haven't followed the portfolio posting guidelines in any way. Ok, here goes....... * Emergency funds = 6+ months of expenses ...
by SammyD1st
Sun Dec 21, 2008 8:26 am
Forum: Personal Investments
Topic: Please Help Me Review my Student Loan
Replies: 6
Views: 1741

... I'm not in any hurry to pay them off ... I think even after taxes the expected return is greater than 2.8%. I have several friends who took this approach with their $50,000 - $100,000 worth of law school student loans. Then the market dropped 40%. They are VERY upset. Risk adverse = good, IMO.
by SammyD1st
Thu Nov 27, 2008 8:33 am
Forum: Personal Investments
Topic: Why can't advisors charge by the hour when using DFA funds?
Replies: 40
Views: 6760

simply NOT TRUE, must be another urban legend. I know advisors that use DFA funds that charge the hour. DFA does not decide fee strategy--the only thing they require is for the funds you invest with them that they be passive with basically only trading be for TLH or rebalancing purposes I have actu...
by SammyD1st
Sun Aug 17, 2008 8:30 am
Forum: Personal Investments
Topic: Managed Payout and IPAs - very conservative with no thinking
Replies: 4
Views: 1612

Thanks for your replies! First, Learn2earn, yes - I'm anticipating the the managed payouts will fluctuate. I left $200,000 in taxable as a "cushion" for just this reason, and I'm also using the managed payout as further inflation protection for this same reason as well. However, my underst...
by SammyD1st
Sat Aug 16, 2008 8:14 am
Forum: Personal Investments
Topic: Managed Payout and IPAs - very conservative with no thinking
Replies: 4
Views: 1612

Managed Payout and IPAs - very conservative with no thinking

Hello Bogleheads, This is my very first post, I hope I'm providing the information in the preferred format. My questions deal with planning my parent's retirement portfolio. My father has expressed the desire to take a very conservative approach. He currently works with a DFA adviser with fees of 1....