Search found 737 matches

by corn18
Mon Jul 16, 2018 3:23 pm
Forum: Investing - Theory, News & General
Topic: A different take on retirement income: time segmentation
Replies: 68
Views: 3504

Re: A different take on retirement income: time segmentation

I like this concept. My essential budget look like this right now (3 years out from retirement): sorry for the formatting issues BUDGET CATEGORY MONTHLY ANNUAL AUTO FUEL 150 1,800.00 AUTO SERVICE 75 900.00 CLOTHES 300 3,600.00 DOGS / CATS 200 2,400.00 FOOD 700 8,400.00 DINING 700 8,400.00 HEALTH / B...
by corn18
Sun Jul 15, 2018 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Spending profile in retirement
Replies: 19
Views: 1551

Re: Spending profile in retirement

Cyclesafe wrote:
Sun Jul 15, 2018 8:07 am
Ike said something like "Plans are useless, planning is indispensable".

The only value of these heuristics is to plug them - one-by-one - into your spreadsheet. If you are still solvent by age 100, you're probably good to go.
I like this. Wish we had a like button.
by corn18
Sat Jul 14, 2018 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Tax Hump vs. Tax Torpedo
Replies: 13
Views: 1663

Re: Social Security Tax Hump vs. Tax Torpedo

I-ORP really helped me figure out how to avoid the hump. I can get all my 401k converted before 70.5 and avoid rmd’s.
by corn18
Sat Jul 14, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 64
Views: 3322

Re: Direct Real Estate Returns

Yes, you can get 10 (Fannie/Freddie) loans at 20% down. +10 for the spouse if you have one. I have reached financial independence long before the 10th loan, so I am just shuttled my capital to 100% passive large apartment/self storage/etc. syndications. I wish I had not spent like a madman in my yo...
by corn18
Sat Jul 14, 2018 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Spending profile in retirement
Replies: 19
Views: 1551

Re: Spending profile in retirement

What do you use as a spending profile in retirement? I don't don't think the SWR method is what I want to use. My current plan in firecalc and The Flexible Retirement Planner is: 55-60: $105k base spending (current spending), $25k travel 61-70: $95k base spending (kids are off the dole), $25k trave...
by corn18
Sat Jul 14, 2018 7:35 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 64
Views: 3322

Re: Direct Real Estate Returns

20% is extremely doable with leveraged rentals and perhaps even if you use property manager, if you buy well. Real estate isn't for everyone, but 20-30% is realistic. Ignore the "Real estate pays you 5 ways instead of just 1 way" people. The number of ways an investment pays is irrelevant. The key ...
by corn18
Sat Jul 14, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Spending profile in retirement
Replies: 19
Views: 1551

Spending profile in retirement

What do you use as a spending profile in retirement? I don't don't think the SWR method is what I want to use. My current plan in firecalc and The Flexible Retirement Planner is: 55-60: $105k base spending (current spending), $25k travel 61-70: $95k base spending (kids are off the dole), $25k travel...
by corn18
Sat Jul 14, 2018 7:19 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 64
Views: 3322

Re: Direct Real Estate Returns

20% is extremely doable with leveraged rentals and perhaps even if you use property manager, if you buy well. Real estate isn't for everyone, but 20-30% is realistic. Ignore the "Real estate pays you 5 ways instead of just 1 way" people. The number of ways an investment pays is irrelevant. The key ...
by corn18
Sat Jul 14, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation in Taxable
Replies: 8
Views: 837

Re: Asset Allocation in Taxable

So if you retire at >55 your are correct you'll have access to just about all your financial accounts penalty free. With $45k pension and something I assume around a million in savings based on your post, you should be able to sustain $80-100k in expenses. If you have no need for accessing any mone...
by corn18
Sat Jul 14, 2018 6:57 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation in Taxable
Replies: 8
Views: 837

Re: Asset Allocation in Taxable

I plan to retire from my current employer and they have the rule of 55 so I will have access to all of my savings penalty free except Roth earnings which are small.
by corn18
Fri Jul 13, 2018 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6452

Re: Dave Ramsey made me laugh today

He hates bond funds and says one needs to immediately sell them. So essentially what he is suggesting is a 100% equities portfolio with zero diversification among other asset classes - I have not heard this type of advice from anyone else. In fact even the vast majority of other experts harp on the...
by corn18
Fri Jul 13, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation in Taxable
Replies: 8
Views: 837

Re: Asset Allocation in Taxable

Portfolio details below. Plan to retire in 3 years @ 55. On track with some extra. Emergency funds: 6 months expenses Debt: mortgage, 3.75%, 30 year, no PMI (VA loan), $413k balance, $515k value Tax Filing Status: Married Filing Jointly Tax Rate: 37% Federal, 5.33% State, 1% local State of Residence...
by corn18
Fri Jul 13, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation in Taxable
Replies: 8
Views: 837

Asset Allocation in Taxable

I met with an advisor the other week and he was quite knowledgable. I didn't hire him due to the 1% AUM fee, but he mentioned something that got me thinking. My taxable account is 90/10, my Roths are 97/3 and my 401k is 29/71 for an overall AA of 60/40. The advisor sad he understood why I was heavy ...
by corn18
Thu Jul 12, 2018 11:19 am
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 8499

Re: What rate of return are you using for retirement projections?

220volt wrote:
Thu Jul 12, 2018 11:07 am
Dave Ramsey said to use 12% so you can withdraw 8% safely. Whoo Hoo. I can retire right now. :sharebeer
Holy SWR Batman, I just updated my retirement spreadsheet with a 12% nominal return and 8% WR and I can retire now, too! Oh Happy Days! :moneybag :moneybag :moneybag
by corn18
Thu Jul 12, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Career Advice: Preparing for military retirement
Replies: 10
Views: 1171

Re: Career Advice: Preparing for military retirement

If you are well connected with the user community, Pentagon, acquisition commands or logistics commands, you are incredibly valuable as a recent retiree and warfighter. Business Development is the easiest to transition to if you have a good rolodex. If you have a current TS/SCI with a poly, you can ...
by corn18
Wed Jul 11, 2018 7:57 am
Forum: Investing - Theory, News & General
Topic: Disappointed with Fidelity's Online Interface
Replies: 19
Views: 1494

Re: Disappointed with Fidelity's Online Interface

For issue 1, just select Choose Custom Time Period at the bottom of the Time Period drop down box.
by corn18
Tue Jul 10, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life - We're doing it. What to look for?
Replies: 128
Views: 7393

Re: Whole Life - We're doing it. What to look for?

I use NMAA for my term insurance. Good company with good rates. If I were you, I would send $31,440 to NMAA and relax. Let the cash value grow with what appears to be an excellent ROI. What I did is put $100k into a money market account for my wife in case I die. That serves as the EF as well. I ask...
by corn18
Mon Jul 09, 2018 10:10 am
Forum: Investing - Theory, News & General
Topic: 50/50 blend of VWENX+VUSUX provides ridiculous risk adjusted return vs 100% stocks
Replies: 22
Views: 2615

Re: 50/50 blend of VWENX+VUSUX provides ridiculous risk adjusted return vs 100% stocks

Curious to see the responses as this is exactly why I am 60/40 3 years out from retirement.
by corn18
Sat Jul 07, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 8499

Re: What rate of return are you using for retirement projections?

0% real across the portfolio. I’m in the accumulation phase but 3 years from potential retirement. Not sure what I assume in retirement as I use firecalc, iORP, flexible retirement planner and a spreadsheet to look at scenarios and probabilities. I assume they all assume something for my 60/40 plann...
by corn18
Sat Jul 07, 2018 7:48 am
Forum: Investing - Theory, News & General
Topic: yield curve inversion
Replies: 47
Views: 4163

Re: yield curve inversion

Let's say we knew for certain that a recession was going to start in 2021 and last 18 months. What would you do differently than you are now? Sell stocks? Sell Bonds? Go all cash? Doesn't seem to be a good countermeasure to a recession.
by corn18
Fri Jul 06, 2018 9:19 pm
Forum: Personal Consumer Issues
Topic: Replacing only 2 tires out of 4?
Replies: 18
Views: 1371

Re: Replacing only 2 tires out of 4?

Some cars have different sizes on the front and rear (my BMW). My rears are worn and need replace (RWD), fronts are fine. I am going to replace just the rears. That's what the dealer recommended, too.
by corn18
Fri Jul 06, 2018 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: 10 years to lose wealth applicable to bogleheads ?
Replies: 32
Views: 3686

Re: 10 years to lose wealth applicable to bogleheads ?

I retired from the Navy in 2008 with 80k of consumer debt. Got a nice gig as a VP of BD and popped right into the 1% salary range. We increased our spending a LOT and our net worth dropped to a low of -$160k while earning over $400k a year. We were spending around $3000 more a month than we made and...
by corn18
Wed Jul 04, 2018 2:23 pm
Forum: Investing - Theory, News & General
Topic: yield curve inversion
Replies: 47
Views: 4163

Re: yield curve inversion

Having a hard time seeing that as an inversion, but whatevs.

Image
by corn18
Wed Jul 04, 2018 1:59 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5673

Re: Any Boglehead powerlifters?

Never. Because with all things in life based on a system (the body is based on a biological system), more can go wrong than right. As Charlie Munger would say, "invert, always invert." In this regard, all I want to know is the date of my major injury so I don't show up that day. Huh? :?: :?: It's n...
by corn18
Wed Jul 04, 2018 10:25 am
Forum: Investing - Theory, News & General
Topic: yield curve inversion
Replies: 47
Views: 4163

Re: yield curve inversion

It is certainly true that there is a correlation. There does not appear to be good, testable theory as to why one would cause the other. Correlation does not imply causation. Ralph I agree. And right now, we're not flat but flattening and certainly not inverted like 2001 or 2008. https://www.early-...
by corn18
Wed Jul 04, 2018 6:20 am
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4230

Re: Can I finance a new home abroad (Carribean)???

Maybe you can borrow from the two overfunded IUL's you bought in March.
by corn18
Tue Jul 03, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Expected returns for 80/20 stock bond for next 10 years.
Replies: 169
Views: 12000

Re: Expected returns for 80/20 stock bond for next 10 years.

GAAP wrote:
Tue Jul 03, 2018 6:09 pm
corn18 wrote:
Tue Jul 03, 2018 4:40 pm
Maybe we could all get together and decide the markets need to correct down 40% right now so we can forecast 7-10% real growth over the next 10 years. Everyone sell everything on Friday and get those prices down!
Sure -- you go first...
Going first would be the best position.
by corn18
Tue Jul 03, 2018 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Expected returns for 80/20 stock bond for next 10 years.
Replies: 169
Views: 12000

Re: Expected returns for 80/20 stock bond for next 10 years.

Maybe we could all get together and decide the markets need to correct down 40% right now so we can forecast 7-10% real growth over the next 10 years. Everyone sell everything on Friday and get those prices down!
by corn18
Tue Jul 03, 2018 4:33 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5673

Re: Any Boglehead powerlifters?

Other than to do it, what is the point of a one rep press, or a one rep anything? I am sure you see it as a test. A marker for your fitness. What happens when you reach a maximum and you can no longer exceed that? Is that how you know your maximum fitness level? Then what. If you are a bodybuilder ...
by corn18
Tue Jul 03, 2018 3:18 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5673

Re: Any Boglehead powerlifters?

Never. Because with all things in life based on a system (the body is based on a biological system), more can go wrong than right. As Charlie Munger would say, "invert, always invert." In this regard, all I want to know is the date of my major injury so I don't show up that day. Huh? :?: :?: It's n...
by corn18
Tue Jul 03, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5673

Re: Any Boglehead powerlifters?

2015 wrote:
Tue Jul 03, 2018 12:57 pm
Never. Because with all things in life based on a system (the body is based on a biological system), more can go wrong than right. As Charlie Munger would say, "invert, always invert." In this regard, all I want to know is the date of my major injury so I don't show up that day.
Huh? :?: :?:
by corn18
Tue Jul 03, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Expected returns for 80/20 stock bond for next 10 years.
Replies: 169
Views: 12000

Re: Expected returns for 80/20 stock bond for next 10 years.

I’m forecasting 0% real returns on a 60/40 portfolio for the next 5 years. Seems to be as good as anyone else’s backside from which to pull a market forecast.
by corn18
Tue Jul 03, 2018 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Downsizing question: smaller house or interim rental
Replies: 15
Views: 835

Re: Downsizing question: smaller house or interim rental

bltkmt wrote:
Tue Jul 03, 2018 9:38 am
Watching this with popcorn in my lap as we are in a VERY similar situation and would like to hear what others think.
+1
by corn18
Tue Jul 03, 2018 6:37 am
Forum: Investing - Help with Personal Investments
Topic: RSU Strategy
Replies: 10
Views: 788

Re: RSU Strategy

I follow my IPS: "Restricted Stock Units (RSU): When RSU's vest, sell immediately and invest the money in a lump sum in accordance with my Asset Allocation (AA) in my taxable retirement account." But I missed out on a lot of gains by doing this: $490,000 total value at grant $755,879 total value at ...
by corn18
Tue Jul 03, 2018 5:48 am
Forum: Investing - Help with Personal Investments
Topic: Strategy for my employer’s ESPP?
Replies: 27
Views: 1329

Re: Strategy for my employer’s ESPP?

I decided years ago that my 5% ESPP was not worth the trouble. After tax, I would net $500 and our plan tied up the cash for 6 months. Not worth it.
by corn18
Tue Jul 03, 2018 5:35 am
Forum: Investing - Theory, News & General
Topic: Advocating to not index
Replies: 28
Views: 3365

Re: Advocating to not index

Well, even here in indexing nervana, there are myriad threads every day on people tilting, bobbing and weaving trying to beat the index. I think greed will sustain the true indexers until the next meteor comes along and resets evolution.
by corn18
Mon Jul 02, 2018 7:01 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5673

Re: Any Boglehead powerlifters?

Never realized it until a few years ago, but I've been boglehead lifting all my adult life. I like that analogy. I went through phases of doing a lot of secondary lifts, but never found they helped the 3 primary lifts. The big 3 (push, pull, squat) cover all the muscle groups. I did like adding pul...
by corn18
Mon Jul 02, 2018 6:51 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5673

Re: Any Boglehead powerlifters?

Very cool replies! I started from scratch in 2013 and found the 5x5 method pretty quickly. I switched to 5/3/1 as 5x5 was stalling. Always used 5/3/1 or a variant of it while competing. I can say that my over aggressive reach for big numbers early on set me back about a year. Bad form blew up my sho...
by corn18
Mon Jul 02, 2018 2:01 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5673

Any Boglehead powerlifters?

Love to find out if there are any powerlifters. I used to compete but had a heart issue a few years back and now I'm just starting back into it. Always wanted to try Olympic lifts but my basement workout room is too small. Would love to chat PR's and training methods. Xfit is welcome as well as long...
by corn18
Mon Jul 02, 2018 1:17 pm
Forum: Personal Consumer Issues
Topic: Retiring in Michigan (Ann Arbor)
Replies: 65
Views: 4607

Re: Retiring in Michigan (Ann Arbor)

Why do you think it is ok to freeload on our great quality of life? You didn't contribute during your working years and presumably have no or weak ties to the community, so now you expect to buy property in Ann Arbor and be accepted? You'd be helping to price out the working class, the people with ...
by corn18
Mon Jul 02, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Retirees- How hard is it to dial spending down/up?
Replies: 38
Views: 2653

Re: Retirees- How hard is it to dial spending down/up?

I’m planning to spend $140k / yr in retirement. My base spending is $95k which isn’t frugal but isn’t fun. The extra $45k is for fun and gifting, so that could go away for a bit if the market drops. Cutting below $95k would require changes, so maybe I should look at that.
by corn18
Sun Jul 01, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to document a verbal conversation for future legal reasons.
Replies: 21
Views: 2930

Re: How to document a verbal conversation for future legal reasons.

Most communication is verbal, that is, consisting of words. The correct term for non-written communication is “oral”. So American Sign Language is oral communication? Negative "Here’s the traditional distinction: Verbal applies to things that are put into words, whether written or spoken, while ora...
by corn18
Fri Jun 29, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5001

Re: How much of your taxable holdings is unrealized capital gains?

+1. i-ORP gave me a plan where I pay no taxes on my unrealized cap gains which are about 20% of my taxable account. It also showed me how to convert all of my 401k @ 12% fed tax before I hit RMD's. Considering my current cap gains tax is 24% and my marginal income tax rate is 40% (federal+state), t...
by corn18
Thu Jun 28, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Disappointed with Fidelity 401k
Replies: 36
Views: 3468

Re: Disappointed with Fidelity 401k

What site do they send you to for your 401k? For me, it is workplaceservices.fidelity.com and it is a great site. It is setup specifically for my megacorp. It has all plan info, you can do almost everything you ever need online and it is a breeze to navigate. I sometimes got to the regular Fidelity....
by corn18
Thu Jun 28, 2018 9:08 am
Forum: Investing - Theory, News & General
Topic: The cost of reducing portfolio volatility
Replies: 25
Views: 2330

Re: The cost of reducing portfolio volatility

My head explodes with all the data and analysis. So I picked 60/40 because that seems to come up a lot more than anything else as being as good as anything else. I only need a 0% real return to retire, so anything over that goes to splurging or the kids. I guess I could go more conservative, but tha...
by corn18
Tue Jun 26, 2018 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Timing exit from megacorp
Replies: 54
Views: 5819

Re: Timing exit from megacorp

Almost identical situation for me (I'm 52 at megacorp). I plan to wait and tell them after I get my RSU's and bonus for the year which happens to coincide with my 55th birthday in early March. Then we can do the dance on exact timing and consulting options. I'll leave about $1M of RSU's on the table...
by corn18
Tue Jun 26, 2018 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 343
Views: 30718

Re: What is/ was your career and would you recommend it now?

Aviation Electronics Technical (AT) – joined Navy 1976 -1979, VS-31 S3-A Vikings did first Med cruise aboard CVN-69 as flight deck troubleshooter, saw some cool stuff up there…. Got out and moved onto Fast Tactical Naval Aviation flight test at PAX River. Was electronics tech on F-18 Hornet Ship Si...
by corn18
Sun Jun 24, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard health care cost study
Replies: 2
Views: 729

Vanguard health care cost study

I did a search and did not see this posted. In depth look at health care costs for retirees done by Vanguard. Very detailed and interesting.

https://personal.vanguard.com/pdf/ISGPLHC.pdf
by corn18
Sat Jun 23, 2018 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Is this all investing is?
Replies: 38
Views: 3770

Re: Is this all investing is?

My wife and I have adopted the Hunter S. Thompson approach: “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming "Wow! Wh...
by corn18
Sat Jun 23, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: Jaguar F-Pace SUV ?
Replies: 9
Views: 1042

Re: Jaguar F-Pace SUV ?

Anyone try the new Range Rover Velar? Thinking about getting one for my wife.