Search found 1134 matches

by indexonlyplease
Fri Aug 17, 2018 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Withdraw money from Investments
Replies: 5
Views: 711

Re: Withdraw money from Investments

Withdrawing based on maintaining your preferred AA makes the most sense. So if you’ve drifted up to 53% in stocks, then withdraw from stocks. Keep in mind with large withdrawals, though, that you might end up pushing yourself into a higher tax bracket if you take out everything you need at once. Fo...
by indexonlyplease
Thu Aug 16, 2018 6:50 am
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 109
Views: 15960

Re: Who uses the 3 fund portfolio ?

well, sort of. 3 funds except: 1) 401k is in a Vanguard 2035 fund (which is a 4 fund product with a bond split btwn Bond II fund and an int't bond fund) 2) taxable is in VLCA Vanguard Large Cap Index Fund Admiral Shares for Tax Loss Harvesting purposes Hi, can you explain more about #2. I own the T...
by indexonlyplease
Thu Aug 16, 2018 6:38 am
Forum: Investing - Help with Personal Investments
Topic: Withdraw money from Investments
Replies: 5
Views: 711

Re: Withdraw money from Investments

zuma wrote:
Thu Aug 16, 2018 5:52 am
I withdraw from my taxable account every quarter.

I don't reinvest dividends in taxable, so there's always some money ready to withdraw from my settlement account.

For the rest, I simply sell either stocks or bonds, whatever gets me closer to my target AA.
got it thanks.
by indexonlyplease
Thu Aug 16, 2018 5:59 am
Forum: Personal Consumer Issues
Topic: Men’s Underwear recommendation
Replies: 46
Views: 3231

Re: Men’s Underwear recommendation

I buy all Calvin Klein but not in boxers. The long briefs (I think it's what you call them) I don't like my junk swinging around in boxers.
by indexonlyplease
Thu Aug 16, 2018 5:53 am
Forum: Investing - Help with Personal Investments
Topic: First time investing(401k)
Replies: 19
Views: 767

Re: First time investing(401k)

Vanguard Instl Trgt Retire 2050 Instl VTRLX Expenses 0.09% (Asset Allocation) Keep it simple. We put my cousin now 35 yrs old in a Target Fund and he never change. Been over 10 years. Also, we put my son in a Target Fund. Just makes investing so easy. I think most of us here would of been far off b...
by indexonlyplease
Thu Aug 16, 2018 5:48 am
Forum: Investing - Help with Personal Investments
Topic: Withdraw money from Investments
Replies: 5
Views: 711

Withdraw money from Investments

Question on withdrawing money from my AA. I still don't plan on drawing money from my investments for a few more years. But when I do, how does someone withdraw money. I don't have a need to draw a percent each year just may need to draw money for large purchase car vacation ect. I have a 50/50 AA i...
by indexonlyplease
Thu Aug 16, 2018 5:34 am
Forum: Investing - Help with Personal Investments
Topic: Why bonds when they return nothing over inflation?
Replies: 31
Views: 4631

Re: Why bonds when they return nothing over inflation?

Andrew 99999....There are other people who think like you. It is the basis of the book "Investing at Level 3" by Jim Cloonan the founder of AAII (American Association of Individual Investors) an organization quite similar to the Bogleheads. The essence of the book is summed up in two sentences. "Fu...
by indexonlyplease
Wed Aug 15, 2018 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Marriage [How should finances be handled?]
Replies: 58
Views: 4549

Re: Marriage

My advice is that if you are comfortable marrying someone you should be comfortable combining your finance. I’m sure there are people who have made it work, I’m just speaking from experience. All of the people I know who keep things separate are either divorced or miserable...YMMV +1. Agree 100% on...
by indexonlyplease
Tue Aug 14, 2018 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Marriage [How should finances be handled?]
Replies: 58
Views: 4549

Re: Marriage

My advice is that if you are comfortable marrying someone you should be comfortable combining your finance. I’m sure there are people who have made it work, I’m just speaking from experience. All of the people I know who keep things separate are either divorced or miserable...YMMV +1. Agree 100% on...
by indexonlyplease
Tue Aug 14, 2018 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA max salary
Replies: 14
Views: 2212

Re: Roth IRA max salary

I have money in a taxed Vanguard account I invested last year. My goal is to roll this money into the 2 Roths we have each year. This is a confusing statement. You can't roll a taxable account into an IRA. If you mean that you plan to sell the assets to fund the Roths, that's probably not a great i...
by indexonlyplease
Mon Aug 13, 2018 7:34 am
Forum: Personal Finance (Not Investing)
Topic: How to have “what if” discussion with retired parents?
Replies: 48
Views: 4311

Re: How to have “what if” discussion with retired parents?

Lets see your dad and mom made it to there 70s without the help of others (kids). My parents in there 80 manage all money on there own. Never talked about it. They have a will. Thats all we know. Wife's parents passed away in their 80s. They had a will. Never talked about money. Will split everythin...
by indexonlyplease
Mon Aug 13, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: How often do you check your brokerage accounts
Replies: 77
Views: 4720

Re: How often do you check your brokerage accounts

Rarely. I don't use the phone app for any accounts. So can't check there. Also all emails and text turned off on all accounts. All bill are on auto so no need to check. Never had a problem. I don't even have a budget. We have always been good with money so I don't want the hassel Check investments r...
by indexonlyplease
Mon Aug 13, 2018 6:57 am
Forum: Investing - Theory, News & General
Topic: How can I use the Rising Equity Glide Path?
Replies: 61
Views: 3574

Re: How can I use the Rising Equity Glide Path?

I'm thinking of backing it up with a bucket strategy - taking $50k per year in years 1-5 in fixed income/CDs to avoid possible sale requirements in a recession; If you are starting with a relatively conservative allocation, you wouldn't need to be selling equity in a down turn. You'd be buying equi...
by indexonlyplease
Mon Aug 13, 2018 6:50 am
Forum: Investing - Theory, News & General
Topic: How can I use the Rising Equity Glide Path?
Replies: 61
Views: 3574

Re: How can I use the Rising Equity Glide Path?

I've been looking into the Rising Equity Glide Path concept, and I'm intrigued. However, I haven't been able to find an applicable model that suggests anything more than the one (simple) Kitces graph. Do any of you have access to a PRACTICAL model of how this can be applied to a portfolio? Darwin: ...
by indexonlyplease
Mon Aug 13, 2018 6:42 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA max salary
Replies: 14
Views: 2212

Re: Roth IRA max salary

Thanks for all the comments. Looks like I will use the 401k to get below the limits for this year. And then next year I will use the 401k and the Roth to max out both. I have money in a taxed Vanguard account I invested last year. My goal is to roll this money into the 2 Roths we have each year. Tha...
by indexonlyplease
Sat Aug 11, 2018 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 184
Views: 11768

Re: Joint Ownership of home with second wife

I am about to embark on a second marriage and hoping to buy a house in the not so distant future. I have children and my spouse does not, so clearly I am concerned about estates and This is your real problem. The first marriage did not work but you think the second will. Not that I am against a sec...
by indexonlyplease
Sat Aug 11, 2018 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA max salary
Replies: 14
Views: 2212

Roth IRA max salary

After almost 2 years of retirement I am going back to work. To be able to still max out the Roth IRA each year what choice is better. My wife max out her taxed deferred acount 24K so this gets us below the limit to invest in the Roth each year. Now my job will get us over the salary limit. I believe...
by indexonlyplease
Sat Aug 11, 2018 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Brokerage Account for Minor
Replies: 25
Views: 1593

Re: Brokerage Account for Minor

The child is only 17. Why not just let the child learn about saving money in a checking and savings account. When the child turns 19 and still working part time let them open their own Roth IRA and start investing the amount they want. Waiting 2 year will not break them. We did this with our son. Wh...
by indexonlyplease
Sat Aug 11, 2018 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Crossroad of what to do next?
Replies: 37
Views: 2593

Re: Crossroad of what to do next?

Debts
$440k @ 4.375 – Mortgage (30 years left)
$45k @ 3.325% - Student Loan
You have a great yearly salary, maxed out investment accounts. NOW payoff that debt. Everything gets better with no debt.
by indexonlyplease
Sat Aug 11, 2018 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Crossroad of what to do next?
Replies: 37
Views: 2593

Re: Crossroad of what to do next?

KlangFool wrote:
Fri Aug 10, 2018 8:46 am
car733 wrote:
Fri Aug 10, 2018 8:37 am
KlangFool wrote:
Fri Aug 10, 2018 8:30 am
Why are you thinking about 529 of your children when you are paying your own student loan?
Sorry, can you explain what's the issue?
car733,

If the parent cannot pay off his own student loan, why worry about the children's college education?

KlangFool
There is debt. You had to ask.
by indexonlyplease
Sat Aug 11, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Biggest Threats to Financial Well-Being
Replies: 99
Views: 8913

Re: Biggest Threats to Financial Well-Being

lack of an education or employable skills disability (can be worse than death since some of your income may be needed for the disability, in addition to regular living expenses) lack of proper insurance(s)--medical, auto, homeowners, liability, etc So true. Many don't think about disability, life i...
by indexonlyplease
Sat Aug 11, 2018 7:07 am
Forum: Investing - Help with Personal Investments
Topic: Preparing for a bear market
Replies: 43
Views: 4999

Re: Preparing for a bear market

Question: Does pension and SS take care of the monthly bills? If yes, then it does not matter what your AA is because you can ride the market up and down. But why take the risk. Lowering you AA is smart when in retirement. They call this winning the game so don't take extra risk. I think you may be ...
by indexonlyplease
Sat Aug 11, 2018 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Comfortably Retired and charity giving?
Replies: 25
Views: 1952

Re: Comfortably Retired and charity giving?

However, I plan on buying my way into the promise land on my last trick by donating 100% of my estate to charity. What do others do? I just checked with god. He told me it does not work that way. However, I plan on buying my way into the promise land on my last trick by donating 100% of my estate t...
by indexonlyplease
Wed Aug 08, 2018 5:08 pm
Forum: Personal Consumer Issues
Topic: When is leaving your job that pays well a good idea?
Replies: 74
Views: 6840

Re: When is leaving your job that pays well a good idea?

Not sure what is going on with young people but the only thing some keep stating is dreaming of retirement at an early age.. This may have worked for the few that write blogs about it. But for many it will not. There are just to many expenses that you have no idea of when someone retires early. The ...
by indexonlyplease
Wed Aug 08, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Saving Enough for Retirement vs Vacation Home
Replies: 36
Views: 3533

Re: Saving Enough for Retirement vs Vacation Home

My wife and I are talking about buying a vacation home that we would also rent out occasionally(Not counting on more that 5K per year). We don't have much cash saved up, so my wife and I scaled back out retirement to build up cash for downpayment/larger EF, and I am curious if we are saving enough....
by indexonlyplease
Wed Aug 08, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice - Lump sum investing
Replies: 15
Views: 1196

Re: Investment Advice - Lump sum investing

Do some of each, if that makes you feel better. Invest $120K now and $2.5K per week for 52 weeks. Or $50K towards house, $100K now, and $2K per week for 50 weeks. Or.... I like the idea of speading the money out. Many here never have or will never have your good fortune to receive 250k. So, it is e...
by indexonlyplease
Wed Aug 08, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: "Skin in the game"
Replies: 105
Views: 6963

Re: "Skin in the game"

Parents are the problem with college not the kids. I have not heard of a child not being able to attend college it they wish. If the child wants to attend college they will (high school grades will decide where they go). Also, there is no guarentee a college graduate will do better than a college gr...
by indexonlyplease
Wed Aug 08, 2018 7:10 am
Forum: Investing - Help with Personal Investments
Topic: Advice Needed on New Asset Allocation
Replies: 12
Views: 961

Re: Advice Needed on New Asset Allocation

With the recommendations above, why not make your life simple and go with a Target Dated Fund or Lifestyle fund if possible in your work plan. You with get close to same % recommendations and then concentrate on your career and other things.
by indexonlyplease
Wed Aug 08, 2018 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Comfort level with Credit Card Balance
Replies: 86
Views: 5257

Re: Comfort level with Credit Card Balance

+1 pay off the credit card each month. It does not matter if the interest is 0% or 20%. I don't see any point in that. I have better things to do with the money. Please tell me what? My thinking, I have never paid interest on my credit cards. Also, with even 0% interest on cards for a certain time ...
by indexonlyplease
Tue Aug 07, 2018 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Comfort level with Credit Card Balance
Replies: 86
Views: 5257

Re: Comfort level with Credit Card Balance

You can’t both not be paying off your credit card each and not paying interest (unless you have a 0% interest rate). What do you mean by your “monthly carry-over balance?” If we didn’t already have the cash in the bank to buy an item, we wouldn’t put it on a credit card. Credit cards are for conven...
by indexonlyplease
Tue Aug 07, 2018 7:28 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 12745

Re: "Age in Bonds" fails almost everyone

You know this is a good post when in less than 2 day it has 4 pages.

Thanks for posting. Brought up some good ideas.
by indexonlyplease
Tue Aug 07, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 12745

Re: "Age in Bonds" fails almost everyone

There are a few points here many are talking about and I a thinking. 1st. the Target Dated Fund. For the 22 year old out of college and starting his first full time job, there is nothing better than the Target Dated Fund. I also believe many would do much better then trying to chase a better stategy...
by indexonlyplease
Mon Aug 06, 2018 7:35 am
Forum: Investing - Help with Personal Investments
Topic: All cash retirement portfolio
Replies: 14
Views: 2366

Re: All cash retirement portfolio

The mortgage is under my name (I'm a "she" btw) as well. I consider it an investment property, which is why I'm okay with handling 100% of the costs if need be. Thanks for the input. I was also thinking that to preserve what they have, then bonds and/or CD's would make sense in this case. I guess I...
by indexonlyplease
Sat Aug 04, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: Will dividend spending only portfolio last forever ?
Replies: 90
Views: 5659

Re: Will dividend spending only portfolio last forever ?

I would think someone with a pension and SS that covers all expenses could use the dividend/interest stategy. Meaning at the end of the year check how the portfolio grew. If you had 1 mil then end of 2018 it grew by 30k you could just take the 30k out for extra travel, spending ect. If the portfolio...
by indexonlyplease
Sat Jul 28, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Regret Public School?
Replies: 75
Views: 5464

Re: Regret Public School?

As someone has already stated, if the child is in a safe environment going to school and at school, then it is all about the child. The child will decide if they are willing to work hard for the good grades. Also, the public schools have so much to offer because of funding and no profits needed. I i...
by indexonlyplease
Sat Jul 28, 2018 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6335

Re: Retirees: how much cash?

2008-09 taught me, a 20 year retired person living off of savings and SS only, to keep 3 to 5 years of normal withdrawals in safety (cash, checking, money market, CDs. fixed term immediate annuities and short term bond funds) so that I won't have to sell and draw from stock containing investments i...
by indexonlyplease
Sat Jul 28, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6335

Re: Retirees: how much cash?

2008-09 taught me, a 20 year retired person living off of savings and SS only, to keep 3 to 5 years of normal withdrawals in safety (cash, checking, money market, CDs. fixed term immediate annuities and short term bond funds) so that I won't have to sell and draw from stock containing investments i...
by indexonlyplease
Sat Jul 28, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Pension-Lump Sum or Monthly Payments?
Replies: 16
Views: 1590

Re: Pension-Lump Sum or Monthly Payments?

Thanks for all the feedback. Answers to some questions: No Cola with wife's pension I do not receive pension Cruncher is right= "$3,177 while you're both alive; drops to $3,076 if she dies first; and remains at $3,177 if you die first." Both will get Social Security- plan on collecting wife at 70 a...
by indexonlyplease
Sat Jul 28, 2018 7:34 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6335

Re: Retirees: how much cash?

I have about 2 years of living expenses sitting in cd, checking and savings. Why, don't know since my pension covers everything and wife still works. But I figure if I need to make any large purchase car ect. The money will be there. So, I don't have to touch my taxed deferred investments. Most woul...
by indexonlyplease
Sat Jul 28, 2018 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Pay for college with cash flow
Replies: 78
Views: 5011

Re: Pay for college with cash flow

Living in Florida I was able to purchase 2 Florida Pre paid plans. This was a great investment. They now are both using the college plan. This is the only investment I made for their college. But it was cheap and backed by the state of Florida. I don't think I would of ever invested in a 529 when I ...
by indexonlyplease
Sat Jul 28, 2018 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Pension-Lump Sum or Monthly Payments?
Replies: 16
Views: 1590

Re: Pension-Lump Sum or Monthly Payments?

Any advice for first time poster would be appreciated. Wife took layoff and will retire in November. 3 days later she was diagnosed with Breast cancer. It is stage 0 and caught early but still needs radiation after surgery in August. All signs look positive for full recovery. Before news we were de...
by indexonlyplease
Sat Jul 28, 2018 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 94
Views: 12309

Re: Retire Internationally for FIRE

I am wondering if anyone here has managed to retire early by moving overseas? I've heard that some destinations in Central America and Asia offer a comfortable retirement for around $2-3k per month per couple. I am 44 yo and my idea is to move to a LCOL country in 12 years or so. If I rent out my p...
by indexonlyplease
Sat Jul 28, 2018 6:57 am
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9258

Re: Toughest Purchase of my Life. Engagement Ring time

Buy her the larget ring you can afford if you are serious about marriage. You will get it back if you don't get married. But don't forget the most important thing before you get married "the prenup". Good for both of you in the long run. Also, I purchased my wife a 2 ct ring 25 years ago. She still ...
by indexonlyplease
Sat Jul 28, 2018 6:40 am
Forum: Investing - Theory, News & General
Topic: Passive Index Investing, A Bubble Bound To Burst?
Replies: 114
Views: 11474

Re: Passive Index Investing, A Bubble Bound To Burst?

I always enjoy and try to understand new investing ideas. Usually I just don't understand them. Which means I just don't have enough knowledge. Then comes the 3 fund portfolio. Easy for me to understand and learn about what and why I invest and beleive in the 3 fund idea. So every time some new idea...
by indexonlyplease
Sat Jul 28, 2018 6:21 am
Forum: Investing - Theory, News & General
Topic: Heresy: is using a SP500 index still a valid strategy ?
Replies: 28
Views: 4557

Re: Heresy: is using a SP500 index still a valid strategy ?

However, this spring 2018 I transitioned from a three fund portfolio to a fixed income and bond portfolio yielding avg 2.7% until I gain a personal comfort level with these atypical market conditions. I just retired in April, had been concerned our retirement plans were vulnerable to sequence of re...
by indexonlyplease
Fri Jul 27, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Index Fund vs SP 500
Replies: 38
Views: 6690

Re: Total Stock Index Fund vs SP 500

I understand that the total index fund and SP500 returns are really close. Question: lf the large companies in the SP 500 are down for the next 10 years and the mid and small caps are up for the next 10, does this mean the total stock index with have a better return the the SP 500???? indexonlyplea...
by indexonlyplease
Fri Jul 27, 2018 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: FRS (Florida Retirement System) question
Replies: 13
Views: 1329

Re: FRS (Florida Retirement System) question

The FRS is top 3 in the country for a pension plan. By what criteria? According to https://www.bloomberg.com/graphics/2017-state-pension-funding-ratios/ it isn't in the top 3 in funding ratios, and it doesn't seem to be among those with the highest benefits according to http://www.in.gov/legislativ...
by indexonlyplease
Fri Jul 27, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: DisneyWorld-Needing specific advice
Replies: 33
Views: 1906

Re: DisneyWorld-Needing specific advice

I know there are numerous Disney threads, but wanted to ask for specific advice on the following as we are planning a 3 day trip, 2 adults, 1-9 year old. We want a moderateley priced on site disney resort- LIMITING WALKING is important to us. More so than the added price of being off site. We want ...
by indexonlyplease
Fri Jul 27, 2018 5:31 am
Forum: Personal Finance (Not Investing)
Topic: An argument against self-insuring for long-term care
Replies: 214
Views: 10385

Re: An argument against self-insuring for long-term care

1. LTC insurance policies that have built-in price increases should be avoided. 2. Most of the people who need LTC receive it in their homes; only a relatively small number go to LTC facilities. This means that the likelihood of someone receiving LTC is higher than many believe. 3. LTC insurance sh...
by indexonlyplease
Thu Jul 26, 2018 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: FRS (Florida Retirement System) question
Replies: 13
Views: 1329

Re: FRS (Florida Retirement System) question

The FRS is top 3 in the country for a pension plan. Have her take the pension not the investment. You have a one time choice in the FRS. At the end of her career she can decide to take a lump sum if she does not want the pension. This is the best time to decide (in 10 years). There is no COLA as of ...