Search found 522 matches

by Sandi_k
Mon Jan 15, 2018 10:03 pm
Forum: Personal Consumer Issues
Topic: E-reader for ebooks - Pros and Cons
Replies: 74
Views: 3456

Re: E-reader for ebooks - Pros and Cons

I see the majority of posters to this thread prefer/recommend the PaperWhite. On 1/15/18 its $119.99. The similar sized Kindle is $79.99. https://www.amazon.com/Amazon-Kindle-eReader-6-Inch-Touchscreen/dp/B00ZV9PXP2/ref=pd_ybh_a_1?_encoding=UTF8&psc=1&refRID=WJSDZ67ST9YH3GNVKCTG The middle of that ...
by Sandi_k
Fri Jan 12, 2018 7:24 pm
Forum: Investing - Theory, News & General
Topic: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.
Replies: 58
Views: 6125

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

The key term is your retirement plan has a “floor”. One can talk about having a high equity allocation but without that “floor” would you be so sure about having a high rate of success and one that is not stressful to you. Have you been 80/20+ including the value of your pension? How about includin...
by Sandi_k
Fri Jan 12, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Getting your spouse on the same page
Replies: 51
Views: 4346

Re: Getting your spouse on the same page

What we've done is his, mine, and ours. We have a good idea of what the basic household expenses are, and we contribute equally to the joint account from which we pay them. Short terms savings is included in this figure: for escrow expenses; for car maintenance and replacement; for vacations. I als...
by Sandi_k
Fri Jan 12, 2018 5:42 pm
Forum: Investing - Theory, News & General
Topic: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.
Replies: 58
Views: 6125

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

We have been 80/20 to 95/5 in stocks for a long time, depending on rebalancing bands. Our plan is to have a "withdrawal" account of $250k in cash/CDs upon retirement. Our withdrawal plan from the portfolio is to start with 3.75% for the first 5 years, then drop to 3.5% when DH elects SS at his full ...
by Sandi_k
Fri Jan 12, 2018 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: How many years of fixed income for Sequence of Return Risk
Replies: 26
Views: 1904

Re: How many years of fixed income for Sequence of Return Risk

Our plan is to have $50k of income from our investment portfolio in retirement. So we want 10 years in cash/CDs and bonds/Fixed income - that's $500k We have chosen to move towards two buckets (and yes, I've read about bucket problems; we're more concerned with SoRR). We have one bucket named "the w...
by Sandi_k
Fri Jan 12, 2018 2:48 pm
Forum: Personal Consumer Issues
Topic: Someone spoofing my phone number?
Replies: 65
Views: 5002

Re: Someone spoofing my phone number?

I used to get a couple of robocalls a week from spoofed numbers with the same area code and exchange. I got RoboKiller on my phone and it intercepts them. Somehow it sees past the spoofed number and the real number is on its database of robocallers. This isn't in the Apple iTunes store. Is it only ...
by Sandi_k
Fri Jan 12, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Retirement Checklist.
Replies: 16
Views: 2549

Re: 2018 Retirement Checklist.

- Make sure all medical consults are done.

- Get any dental work - needed or voluntary - done.

- Any major home improvements?

- HELOC while you still have earned income?

- Replace any aging cars while you still have earned income?

- All wills, trusts, durable POAs, legal consults done?
by Sandi_k
Fri Jan 12, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off student loans after kid graduates?
Replies: 35
Views: 2093

Re: Pay off student loans after kid graduates?

IIWY, I'd pay half, and have him pay the other half. Skin in the game, but not so much as to leave him flayed. ;)

Or, as AncientOne proposed, $30k to the gift max, and let him pay off last $20k.

That seems about right to me.
by Sandi_k
Fri Jan 12, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Getting your spouse on the same page
Replies: 51
Views: 4346

Re: Getting your spouse on the same page

What we've done is his, mine, and ours. We have a good idea of what the basic household expenses are, and we contribute equally to the joint account from which we pay them. Short terms savings is included in this figure: for escrow expenses; for car maintenance and replacement; for vacations. I also...
by Sandi_k
Fri Jan 12, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 211
Views: 21563

Re: Hitting The Sell Button

I sold $30k last week, and am moving to cash for $100k of my portfolio for now. That, in conjunction with a pension and two lump sum payments paying 7.5% and 8% in lieu of base-building merits, help me feel less exposed to volatility. I also re-visited my IPS, and re-considered my AA going forward. ...
by Sandi_k
Thu Jan 11, 2018 12:23 am
Forum: Personal Consumer Issues
Topic: Best Sources to Buy Prescriptions Out of Pocket
Replies: 47
Views: 2625

Re: Best Sources to Buy Prescriptions Out of Pocket

Walmart, Costco, and Target/CVS.
by Sandi_k
Tue Jan 09, 2018 12:50 am
Forum: Local Chapters and Bogleheads Community
Topic: DD just got married !
Replies: 39
Views: 3969

Re: DD just got married !

Miriam2 wrote:
Mon Jan 08, 2018 3:26 pm
^^^ Very nice post dodecahedron :happy
+2! And my condolences on the loss of your DH.
by Sandi_k
Tue Jan 09, 2018 12:50 am
Forum: Local Chapters and Bogleheads Community
Topic: DD just got married !
Replies: 39
Views: 3969

Re: DD just got married !

No, the couple doesn't. It's a free country. Nor do they have to show up at Christmas. Or show up to anyone else's wedding or baptism or bar mitzvah or speak to anyone else in the family or whatever. But to pretend nobody else in the family cares how they live their lives is ignoring reality. Many ...
by Sandi_k
Mon Jan 08, 2018 12:38 am
Forum: Local Chapters and Bogleheads Community
Topic: DD just got married !
Replies: 39
Views: 3969

Re: DD just got married !

I'm really glad. I know a lot of families where there would have been a lot of hurt feelings after a "stunt" like that. Wow. Why in the world would it be a "stunt" if you choose to get married, on your own dime, without being surrounded by 300 of your parents' closest friends? The couple doesn't ow...
by Sandi_k
Mon Jan 08, 2018 12:34 am
Forum: Personal Finance (Not Investing)
Topic: california homeowners - do you have earthquake insurance?
Replies: 96
Views: 8712

Re: california homeowners - do you have earthquake insurance?

We live in Bay Area and do not carry earthquake insurance. House is built in 1984 on slab foundation. To my knowledge, it meets the earthquake standards as we have never been required by our lenders to procure earthquake insurance. Lenders cannot require that you obtain earthquake insurance, since ...
by Sandi_k
Sun Jan 07, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home to realtor friend discount math problem
Replies: 15
Views: 925

Re: Selling home to realtor friend discount math problem

Agree to consult with a RE attorney. CA has huge disclosure requirements (lead paint, death in house in last X years, asbestos). It also has required inspections that you might not know about - sewer laterals was a new one when we sold in 2011. Lastly, the buyer has a RE license - which means they h...
by Sandi_k
Sun Jan 07, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Splitting Assets in Divorce
Replies: 51
Views: 4975

Re: Splitting Assets in Divorce

Consider maintaining the home for the child, with each custodial parent moving in and out of the house for parenting time. Have an apartment on the side that either of you lives in when the other is at home with the child. Makes for a more stable childhood. This is a disaster of an idea. Agreed, es...
by Sandi_k
Sun Jan 07, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Splitting Assets in Divorce
Replies: 51
Views: 4975

Re: Splitting Assets in Divorce

One final thought: My understanding is that in come cases, you can file a formal Separation Agreement with the courts. This means that any debt agreed to by the soon-to-be-ex is solely in their name, and the lienholder cannot come after you as the joint borrower. So even if it takes awhile to negoti...
by Sandi_k
Sun Jan 07, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17581

Re: Memo to those who have won the game: it's time to quit playing

Sandtrap wrote:
Sun Jan 07, 2018 1:05 pm
IPS is 30/70. Equities have crept up to nearly 40/60 over the past year.
Either would be fine as portfolio is substantial.
Tempting to leave it alone.
Really tempting.

j :D
What is your rebalancing band in your IPS?

If it's 5% - rebalance to 35/65 - and the best of both worlds!
by Sandi_k
Sun Jan 07, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: SoCal Ipe deck cost?
Replies: 11
Views: 551

Re: SoCal Ipe deck cost?

In the Bay Area, I'd assume more like $45k for that. It's one reason we have not rebuilt our deck. :D I believe most CA location codes requires a permit for any improvement or project that is not done by the homeowner exceeding $500 in cost - even if it's under county auspices, not city. Lastly, I b...
by Sandi_k
Sun Jan 07, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about leaving Ameriprise
Replies: 43
Views: 3043

Re: Thinking about leaving Ameriprise

Here's a free tip for all financial situations....DON'T DO BUSINESS WITH FRIENDS AND RELATIVES It's not always that easy. My brother is a broker. When he first started out (ca. 1995) he worked for a big fee brokerage - and he needed clients if he was going to stay employed. My MOTHER strong-armed m...
by Sandi_k
Sun Jan 07, 2018 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time for me to get my 401K out of the stock market?
Replies: 24
Views: 3856

Re: Is it time for me to get my 401K out of the stock market?

Recent research says that you do best if you start retirement with 20-40% stocks, and gradually increase stock ownership halfway through your expected retirement term. They call it a "rising equity glidepath" - and there has been a lot of discussion about this strategy. So if you start with 30/70%, ...
by Sandi_k
Sun Jan 07, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Liability Issues with Organizing Meetup Events
Replies: 10
Views: 1266

Re: Liability Issues with Organizing Meetup Events

I organized a large group boating event for 15 years (50+ people). It was fine until we got some hot doggers who decided they were going to do what they wanted, regardless of boating laws and risky behavior. We had regular safety meetings, signed waivers, etc. But when the risky behavior got trucule...
by Sandi_k
Sun Jan 07, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Quandary regarding granddaughter
Replies: 5
Views: 1311

Re: Quandary regarding granddaughter

It seems your granddaughter will be fine based on parentage as well. IIWY, I'd revise my trust and will to split the assets equally between your son and any of his kids - what if he has another kid, and you're incapacitated and can't update your trust or will at that age? Then work with your son in ...
by Sandi_k
Sun Jan 07, 2018 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home to realtor friend discount math problem
Replies: 15
Views: 925

Re: Selling home to realtor friend discount math problem

You do realize if he sells he'll have significant capital gains tax to pay, right?

Sale Price: $835k
Purchase Price: $265k

Profit: $570k
Exemption: $250k

Capital Gains due: on $320k - could be as high as 20% of this, or $64,000
by Sandi_k
Sun Jan 07, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Splitting Assets in Divorce
Replies: 51
Views: 4975

Re: Splitting Assets in Divorce

I would hope that a settlement would include eliminating any shared debts, although that might involve some inefficiencies in terms of one party or the other no longer having optimal terms in some financial arrangements. Nope, divorce deals with the ending of the marriage and the splitting of asset...
by Sandi_k
Sun Jan 07, 2018 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 75
Views: 6781

Re: So, how was the year ? Gains made and Lessons learnt ?

My main lesson learned this year was about end of life and the related care options and the emotional and financial costs of that. My Dad died this year, and several close friends also lost parents this year. Dad lived past 90+ so it was not unexpected. After comparing and contrasting the experienc...
by Sandi_k
Sat Jan 06, 2018 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: What strategy do you use to reduce sequence of returns risk in retirement?
Replies: 117
Views: 7206

Re: What strategy do you use to reduce sequence of returns risk in retirement?

Take a look at Wade Pfau's article "Rising Equity Glide Path." Basically it talks about being more conservative in terms of AA around the time you retire and letting your AA drift higher later. A few posters have hinted at a part of this strategy which is to keep a few years of income needs in cash...
by Sandi_k
Sat Jan 06, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Splitting Assets in Divorce
Replies: 51
Views: 4975

Re: Splitting Assets in Divorce

One other thing to add: My friend and his ex had "agreed" to amicably DIY the divorce. Only for him to find out that the day they appeared in front of the judge to finalize their "agreement" - she showed up with a retained attorney, and he had no one. Even if it's amicable to start, you want to have...
by Sandi_k
Sat Jan 06, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: asset allocation as one transitions into retirement
Replies: 7
Views: 694

Re: asset allocation as one transitions into retirement

Take a look and search for "glide path" and Liability Matching Portfolios (LMP) posts in the forum. I have been working on ours this past week, as we always use January as our reflection and tweak the plan time. ;) Our current plan, upon retiring at 60/62: Have $250k (5 years worth) of expenses in c...
by Sandi_k
Sat Jan 06, 2018 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Splitting Assets in Divorce
Replies: 51
Views: 4975

Re: Splitting Assets in Divorce

There are many details that have not yet been mentioned. For example, who gets to take the child as a tax deduction? You want it in writing that this is done in alternating years, for example. Second, who maintains health insurance for the child, and how does the other parent compensate the providin...
by Sandi_k
Sat Jan 06, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Re-balance to bond and/or cash?
Replies: 14
Views: 895

Re: Re-balance to bond and/or cash?

Hello Everyone! I'm married, 63 yo and plan to work for 3 more years. Portfolio: $950,000 3 Fund Portfolio (AA 60/40) 1) VTSAX Total Market 2) VTIAX Total Intl 3) FSITX Total Bond I need to rebalance about $40,000 to $50,000. This would normally be a no brainer...take from equity, move to bond, and...
by Sandi_k
Sat Jan 06, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: Customizing The Glidepath
Replies: 9
Views: 971

Re: Customizing The Glidepath

This post is strongly influenced by Nedsaids post “Hitting The Sell Button”. I saw lots of us 50ish year olds responding, and I think they are on target. I think most of us assume that as we approach retirement, we should cool off the asset allocation. Target date funds define a glide path towards ...
by Sandi_k
Sat Jan 06, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Morgage Interest Deduction
Replies: 17
Views: 2109

Re: 2018 Morgage Interest Deduction

I agree and it's a non-issue in our case ; and again I was just intrigued by the words " Acquisition Indebtedness Retained" and thought it sounded very complicated and was something only a CPA would understand - I mean why not just say outstanding loan balance which most lay people could understand...
by Sandi_k
Sat Jan 06, 2018 12:30 pm
Forum: Local Chapters and Bogleheads Community
Topic: DD just got married !
Replies: 39
Views: 3969

Re: DD just got married !

What a blessing you are to her and her new family already. Good job, dad!
by Sandi_k
Thu Jan 04, 2018 9:03 pm
Forum: Personal Consumer Issues
Topic: Buying a car?
Replies: 27
Views: 2819

Re: Buying a car?

You want a car for under $10k, and "don't want to get stuck with a lemon." I've bought brand new cars that were lemons, so not sure how you can make that happen. IIWY, I'd create some base requirements - sedan, under 50k miles, manual transmission, Japanese make, not the dirst or second year of a mo...
by Sandi_k
Thu Jan 04, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: What strategy do you use to reduce sequence of returns risk in retirement?
Replies: 117
Views: 7206

Re: What strategy do you use to reduce sequence of returns risk in retirement?

Sorry, Sandi_k, it's not available retail. Stable value funds are only able to offer unique rate structures by taking advantage of the low turnover in employer-based defined contribution plans. Do you have access to one in a defined contribution plan anywhere? I had eagerly looked forward to rollin...
by Sandi_k
Thu Jan 04, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: What strategy do you use to reduce sequence of returns risk in retirement?
Replies: 117
Views: 7206

Re: What strategy do you use to reduce sequence of returns risk in retirement?

Our plan is evolving over time, as we learn more and have more discussions. Current thinking is VPW and LMP influenced... - Floor is my COLA'd pension. Current estimate is $120k income annually with full survivorship payout option for DH. - Investments - our plan is 3.75% withdrawal rate from invest...
by Sandi_k
Thu Jan 04, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: What strategy do you use to reduce sequence of returns risk in retirement?
Replies: 117
Views: 7206

Re: What strategy do you use to reduce sequence of returns risk in retirement?

What strategy do you use to reduce sequence of returns risk in retirement? I have a static 56/44 AA, with about 4 years' worth of 4% withdrawals covered by a stable value fund yielding close to 3% now. Would you be willing to share the fund name and ticker? We're still 8 years away, and we're begin...
by Sandi_k
Thu Jan 04, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: Paying off mortgage before investing at all?
Replies: 75
Views: 7567

Re: Paying off mortgage before investing at all?

Makes sense but if you were my age, what would you do. 52 and 29 years left on the mortgage? I'd still owe $210,000 in 12 years and would have already paid $137,000 in interest. Piling up the prepayments in a taxable account doesn't make much sense to hopefully pay off the mortgage if and only the ...
by Sandi_k
Wed Jan 03, 2018 12:04 pm
Forum: Personal Consumer Issues
Topic: E-reader for ebooks - Pros and Cons
Replies: 74
Views: 3456

Re: E-reader for ebooks - Pros and Cons

Love, love, love the Paperwhite. Battery lasts a week of extensive reading, low-glare screen means I can read outdoors, and it's lightweight as well. Adjustable font size, and an adjustable backlight makes it an amazing addition to my reading life. If it broke today, I'd buy another one later today....
by Sandi_k
Wed Jan 03, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking we are close to winning the game
Replies: 40
Views: 7134

Re: Thinking we are close to winning the game

I think there's one hole that hasn't been mentioned. The 25x expenses model is for a traditional retirement, starting at 65, living to age 90. You're talking about retirement at 54 and 56 - about 10 years longer. DH and I are exactly your ages, and the actuarial charts I've seen say for me to expect...
by Sandi_k
Wed Jan 03, 2018 4:00 am
Forum: Investing - Help with Personal Investments
Topic: Age In Bonds after 65 with 25X, 35X, 50X ??? Your Approach?
Replies: 35
Views: 2821

Re: Age In Bonds after 65 with 25X, 35X, 50X ??? Your Approach?

We will have multiple streams of income: pension, two SocSec checks, plus investment income. Our plan is to be age - 20 in bonds at retirement (we're at age - 35 right now). We will hold at a 60/40 split in retirement, since we consider the pension and Social Security incomes to provide the FI porti...
by Sandi_k
Wed Jan 03, 2018 3:49 am
Forum: Personal Consumer Issues
Topic: Long Term House—Any Regrets on things you didn’t do?
Replies: 48
Views: 5784

Re: Long Term House—Any Regrets on things you didn’t do?

We were in our "starter home" for 20 years, and in our current home nearly seven. What we've learned: You can spend a lot of money on things that buyers will never pay you for: roofs, electrical re-wiring, new front door, etc. But there is comfort in knowing that your house is weather-tight, up to c...
by Sandi_k
Wed Jan 03, 2018 2:23 am
Forum: Personal Finance (Not Investing)
Topic: Taking on a new mortgage, but how much?
Replies: 9
Views: 1026

Re: Taking on a new mortgage, but how much?

Personally, I'd stay within 25% of net BASE income for PITI. So that's probably a mortgage of ~ $625k or so, at a 15 year term.
by Sandi_k
Tue Jan 02, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking advice on financial management for family member
Replies: 6
Views: 530

Re: Seeking advice on financial management for family member

Will your mother be eligible for survivors benefits from SocSec? IIWY, I'd sell two of the cars, and take the annuity. If you could ladder the annual payout so she gets ~$700 per month from each year's payout, that would keep her whole/above water for 10 years or so. Re-evaluate when either your dad...
by Sandi_k
Sun Dec 31, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Creative gifting of property
Replies: 28
Views: 2156

Re: Creative gifting of property

So in this case, another option to reduce tax liability for my mom or dad is to consider having them gift or privately sell the property(ies) to us after the point at which one of them passes and the other is still living? Because if they were to gift us the property we would carryover whatever the...
by Sandi_k
Sat Dec 30, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating Listing Agreement
Replies: 4
Views: 459

Re: Negotiating Listing Agreement

This is normal. RE agents are not loan brokers. And your RE agent is not privy to the potential buyers' finances. You *do* want to make sure that your listing agent doesn't demand or expect the commission for "presenting" a qualified buyer to you. I would make sure that the contract specifically say...
by Sandi_k
Sat Dec 30, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 75
Views: 6781

Re: So, how was the year ? Gains made and Lessons learnt ?

I have a 70% (stock)/30% (bond) 3 fund portfolio with the stock 70 US/30 Intl. Up 17% for the year (inclusive of contributions which are hard to break out). No, it's not hard to break out: The formula to calculate your 2017 gains is this: [EV - BV - Adds] / [BV + 1/2 Adds] Where EV is the ending va...
by Sandi_k
Sat Dec 30, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement decision help!
Replies: 68
Views: 5871

Re: Retirement decision help!

I may have missed it - but does your pension have any survivor benefits? That could make a big difference for your wife, assuming she's younger than you are... All of my calcs are assuming that I live to 93 - so I think that your assumption of a 30 year life span post-retirement is low - I'd be mode...