Search found 471 matches

by mortal
Sat Mar 06, 2021 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Over contributed to roth for '20 & '21, what now?
Replies: 5
Views: 419

Re: Over contributed to roth for '20 & '21, what now?

Call Vanguard and they will do it for you and tell you exactly what you need to do. If you have just one Roth at VG, the system wouldn't have let you contribute more than the maximum allowed for the year... maybe you have two Roths at two different institutions? No, I only have one roth ira but the...
by mortal
Sat Mar 06, 2021 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Over contributed to roth for '20 & '21, what now?
Replies: 5
Views: 419

Over contributed to roth for '20 & '21, what now?

So, I did my taxes recently. I discovered that I made more than the roth IRA income limit. This was a fairly big surprise for me because, with everything that was going on in 2020 I'll be honest I wasn't really even paying attention to my income and I thought I was *far* away from the limit. So, I'v...
by mortal
Sat Dec 12, 2020 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: 50x milestone, and purposeful lifestyle inflation
Replies: 27
Views: 3337

Re: 50x milestone, and purposeful lifestyle inflation

It sounds like you enjoy and are motivated by donating to charities. That is great as well. Don’t underestimate the retirement charitable contribution matches from mega corps. That could be one reason I work at my mega Corp until I’m eligible for retirement. But also don’t discount the benefits of ...
by mortal
Sat Dec 12, 2020 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: 50x milestone, and purposeful lifestyle inflation
Replies: 27
Views: 3337

Re: 50x milestone, and purposeful lifestyle inflation

Given that you can afford to do things you would like to do, or perhaps buy some things you might like, then how about setting aside a budget (such that you are not eating into your total, or not yet...), and then TRY to make a point of spending some, and see if you enjoy it, or perhaps, which spen...
by mortal
Sat Dec 12, 2020 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: 50x milestone, and purposeful lifestyle inflation
Replies: 27
Views: 3337

Re: 50x milestone, and purposeful lifestyle inflation

I don't know your age, but 50x expenses and still working. I think you can let loose a bit or buy back some of your time I'm in my late 30s. I'm not ready to retire yet. Partially, that's down to wanting to feather the nest. I want to make sure that I'm not locking myself or potential partners into...
by mortal
Sat Dec 12, 2020 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: 50x milestone, and purposeful lifestyle inflation
Replies: 27
Views: 3337

Re: 50x milestone, and purposeful lifestyle inflation

livesoft wrote: Sat Dec 12, 2020 1:02 pm Why wait to sign up for the gym when you can build a gym in your residence right now?
I have been doing body weight exercises, and I have some 20lb dumbells. It's been great for my mental health.
by mortal
Sat Dec 12, 2020 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: 50x milestone, and purposeful lifestyle inflation
Replies: 27
Views: 3337

50x milestone, and purposeful lifestyle inflation

So, I hit a big personal milestone the other day. My portfolio is now 50x my base-line expenses. This is a significant threshold for me. Before I graduated college, I was living on SSI disability, well below the poverty line. Even after I graduated, and started working during the great recession, I’...
by mortal
Tue Dec 01, 2020 1:34 pm
Forum: Investing - Theory, News & General
Topic: High valuations, CAPE, and passive investing
Replies: 103
Views: 5689

Re: High valuations, CAPE, and passive investing

The only thing that bothers me about CAPE is it's almost always in reference to the S&P 500. Where does one find the CAPE for VTI or VXUS? Sure CAPE might have a fairly tight correlation to the s&p, but total world stock market? I have yet to figure out how to calculate CAPE value for a well...
by mortal
Fri Aug 28, 2020 10:06 pm
Forum: Investing - Theory, News & General
Topic: How long could you live off your portfolio if the worst happened?
Replies: 110
Views: 10953

Re: How long could you live off your portfolio if the worst happened?

I mean, the worst case scenario is a nuclear exchange and the total collapse of civilization. Look man, I'm financially independent at a 3% SWR. That withdrawal rate has survived two world wars, the collapse of a super power, etc. If that SWR fails, the world is likely in such bad shape that I would...
by mortal
Thu Jul 02, 2020 9:22 pm
Forum: Personal Consumer Issues
Topic: Really hard to avoid "Keeping up with the Joneses"!
Replies: 313
Views: 32898

Re: Really hard to avoid "Keeping up with the Joneses"!

My only problem with people's excess consumption is that they aren't paying for the negative externality of the harm to the environment. I'd be perfectly fine with someone owning a hummer if we had a $3 / gal gas tax and that money went to researching ways to fight climate change.
by mortal
Thu Jul 02, 2020 6:39 pm
Forum: Personal Investments
Topic: Alternatives to vanguard's 'asset allocation' calculator?
Replies: 1
Views: 241

Alternatives to vanguard's 'asset allocation' calculator?

Howdy folks, I've noticed, ever since I added vanguard total world (VT) to my roth, my AA has been clearly wrong. Vanguard thinks I'm now way overweight in midcaps and somehow have way more bonds than I really do. I find this really annoying. Is there any external tools I can use to get a good pictu...
by mortal
Thu May 28, 2020 9:16 pm
Forum: Non-US Investing
Topic: Vanguard All World ETFs
Replies: 18
Views: 3259

Re: Vanguard All World ETFs

Can someone please explain what an accumulating vs distributing ETF is? Does this mean the 'accumulating' fund doesn't distribute dividends?
by mortal
Mon May 25, 2020 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone ever donated stock out of an ESPP?
Replies: 0
Views: 188

Anyone ever donated stock out of an ESPP?

Howdy folks, Given that I won't be traveling this year due to covid19, I'm probably gonna donate my 'travel budget' to some charities (food banks and Gates foundation). So, I can either donate cash from my checking account, or I could also donate my ESPP (stock purchase plan) shares that are vesting...
by mortal
Tue Apr 14, 2020 9:00 pm
Forum: Investing - Theory, News & General
Topic: My theory about FIRE
Replies: 419
Views: 32355

Re: My theory about FIRE

I don't hate my job. I really enjoy coding. I'd probably start contributing to open source if I retired. What I *don't* like is how inflexible companies are around part time schedules. It's either 40+ hours a week, or nothing. I'm FI now, at a 3% SWR, and I'll likely retire in my mid 40s unless I c...
by mortal
Tue Apr 14, 2020 6:20 pm
Forum: Investing - Theory, News & General
Topic: My theory about FIRE
Replies: 419
Views: 32355

Re: My theory about FIRE

I don't hate my job. I really enjoy coding. I'd probably start contributing to open source if I retired. What I *don't* like is how inflexible companies are around part time schedules. It's either 40+ hours a week, or nothing. I'm FI now, at a 3% SWR, and I'll likely retire in my mid 40s unless I ca...
by mortal
Sun Mar 22, 2020 9:58 pm
Forum: Investing - Theory, News & General
Topic: S&P500 and Dow Futures Hit Limit Down After Reaching 5% Down Limit for Monday Open
Replies: 155
Views: 13574

Re: S&P500 and Dow Futures Halted After Reaching 5% Down Limit for Monday Open

I went to 50 / 50 stocks / bonds in 2017, said I'd move back to my standard AA of 65 / 35 when stocks were down 35% from peak during a recession. Looks like tomorrow is the day! I'll keep 'overbalancing' until I'm 100% stocks if we're down 50%. A lot of folks said I was overly conservative, and I ad...
by mortal
Tue Mar 17, 2020 8:58 pm
Forum: Investing - Theory, News & General
Topic: TSP F Fund After Fed Cut to Zero. What Now?
Replies: 28
Views: 3466

Re: TSP F Fund After Fed Cut to Zero. What Now?

Come to think of it, what does this mean for G fund rates, is the fed effectively just holding our money in a bank account now? What happens if things go negative?
by mortal
Thu Mar 05, 2020 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Long term disability premiums included in highly compensated employee calculation?
Replies: 2
Views: 231

Re: Long term disability premiums included in highly compensated employee calculation?

Thank you very much for the answer. I do max a roth ira every year.

The good news is the limit increases to 130k next year, so I'll be able to make a full contribution next year unless I get a promotion or really nice raise (in which case I won't mind too much).
by mortal
Tue Mar 03, 2020 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Long term disability premiums included in highly compensated employee calculation?
Replies: 2
Views: 231

Long term disability premiums included in highly compensated employee calculation?

So, if you make more than 125k / yr, the fed considers you a 'highly compensated employee'. I was happy to see that I just squeaked under this limit by a few hundred dollars last year, according to my last pay stub (hey, if I'm going over, I want to be well over). This month I got an email from my 4...
by mortal
Sun Jan 12, 2020 12:14 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard] Any way to see EOY dividends before they pay out?
Replies: 4
Views: 279

[Vanguard] Any way to see EOY dividends before they pay out?

So, when I retire I intend to slowly convert my traditional accounts over to roth iras, while staying under certain ACA income limits. One potential problem I see, is that dividends from taxable accounts count as income for the ACA, but these dividends don't actually hit the account until the very e...
by mortal
Tue Dec 31, 2019 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement and raising kids. Impact?
Replies: 8
Views: 1302

Early retirement and raising kids. Impact?

Kids, if I decide to have them, are going to come late for me, and retirement is going to come early. It got me thinking. What sort of impact would it have on my hypothetical kids if they were raised in an environment where there parents never had to work for money and spent most of their time indul...
by mortal
Sun Nov 10, 2019 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone want to share their monthly budget? Here's ours
Replies: 153
Views: 35709

Re: Anyone want to share their monthly budget? Here's ours

Late 30s, single guy Credit card: ~$415/mo This includes gas, groceries, internet, booze, etc HOA: $212/mo for 1 bd/1/ba condo. Includes water, trash, gas fireplace used for heating Home insurance / Property taxes: $75/mo Power: ~ $60/mo Car insurance: $55 /mo for liability Maintenance / Other unexp...
by mortal
Wed Sep 25, 2019 10:36 am
Forum: Personal Investments
Topic: Rentals vs REITs
Replies: 25
Views: 3396

Re: Rentals vs REITs

I was wondering about this myself. Given that I'd use a property manager, and I assume I have no special talent in picking choice real estate, would I essentially be better off going with REITs? The diversification sounds nice, but their performance in 2008 was alarming to say the least.
by mortal
Thu Sep 12, 2019 10:13 pm
Forum: Investing - Theory, News & General
Topic: Baseline income options for early retirees?
Replies: 26
Views: 3449

Re: Baseline income options for early retirees?

So, I vehemently disagree that VPW for early retirement requires anything close to a 2%, even for early retirement. It's 3-3.5% for the "secure part". Then more for the VPW part, but I admit I have no idea about that side. Check out the first graph I linked in my 50x expenses post: https:...
by mortal
Wed Sep 11, 2019 6:39 pm
Forum: Investing - Theory, News & General
Topic: Baseline income options for early retirees?
Replies: 26
Views: 3449

Re: Baseline income options for early retirees?

A lot of you are suggesting a lower SWR / higher savings. What you don't realize is just *how much* higher one's savings has to be in order to use a variable percentage withdrawal. If you want to cover all your expenses this way, you have to salt away 50 times your annual expenses to handle somethin...
by mortal
Tue Sep 10, 2019 11:04 pm
Forum: Investing - Theory, News & General
Topic: Baseline income options for early retirees?
Replies: 26
Views: 3449

Baseline income options for early retirees?

So, I plan on using a variable percentage withdrawal, or a constant percentage withdrawal style retirement. The only problem is that such methods can have *wild* swings in what they allow one to withdraw in a major downturn. The standard advice around this if one is 62 or older is to simply draw soc...
by mortal
Tue Aug 27, 2019 6:54 pm
Forum: Personal Investments
Topic: Mega 529s!!
Replies: 13
Views: 2100

Re: Mega 529s!!

Where are you getting the 370k from? I know you can 'super fund' a 529, but I thought you could only contribute 5 years worth of contributions at once? I.e. 75k single / 150 married?
by mortal
Tue Aug 27, 2019 6:45 pm
Forum: Personal Consumer Issues
Topic: out of network emergency visits. Huge bill!!!
Replies: 156
Views: 14460

Re: out of network emergency visits. Huge bill!!!

I thought with the ACA, that in the event of an emergency that out of network providers had to be covered as in network? Basically, if it's an emergency I thought you were always in network? My insurance has NO coverage for out of network services. This scares the bejezus out of me!
by mortal
Wed May 01, 2019 11:15 pm
Forum: Investing - Theory, News & General
Topic: "The market is overvalued"
Replies: 90
Views: 11027

Re: "The market is overvalued"

Trailing and forward P/E of all-country world stock index is 16.7 and 15.2. (Yawn.....) Yet another reason to avoid single-country bets. I've held ~ 40% of my stocks in international etfs since I started investing about a decade ago. Looks like we're just sitting here waiting for those dogs to have...
by mortal
Fri Apr 26, 2019 6:51 pm
Forum: Investing - Theory, News & General
Topic: 50x minimum expenses to use VPW?
Replies: 28
Views: 4757

Re: 50x minimum expenses to use VPW?

I am curious as to what you guys think about using a low (3%) normal SWR to provide for basic expenses and VPW for the remainder? Here, I tested a 1M portfolio, 600K of which operates under a 3% SWR, yielding an inflation adjusted 18k / yr and 400k operates under VPW. You can see the combination of ...
by mortal
Thu Apr 25, 2019 9:50 pm
Forum: Investing - Theory, News & General
Topic: 50x minimum expenses to use VPW?
Replies: 28
Views: 4757

Re: 50x minimum expenses to use VPW?

I could understand such volatility while being 100% stocks, but this example has 40% of the portfolio in bonds. Isn't this roughly equivalent to a bond ladder? I don't really understand the mechanics of having a split portfolio. Should I have a logical partition where I'm withdrawing a 3% SWR on a p...
by mortal
Thu Apr 25, 2019 8:35 pm
Forum: Personal Investments
Topic: Disabled, Disillusioned, but Significant Assets - Move Overseas, Offshore?
Replies: 47
Views: 3936

Re: Disabled, Disillusioned, but Significant Assets - Move Overseas, Offshore?

I have cerebral palsy, but I got a degree in computer science and make a living as a software developer. Frankly, I knew when I got my degree that I was 'crossing the Rubicon', so to speak, and would never qualify for disability again. You know what? That's ok! Today, I make about 20x what I made on...
by mortal
Thu Apr 25, 2019 6:20 pm
Forum: Investing - Theory, News & General
Topic: 50x minimum expenses to use VPW?
Replies: 28
Views: 4757

Re: 50x minimum expenses to use VPW?

My apologies, I didn't do a very good job at explaining myself. Yes, VPW is variable percentage withdrawal, and I got the 2% SWR from graphs like the one below. https://i.imgur.com/HgcVE7r.png This is 1M with a 60 / 40 stock / bond mix. Real withdrawals for someone retiring in the 1914s (ok, I cherr...
by mortal
Wed Apr 24, 2019 8:39 pm
Forum: Investing - Theory, News & General
Topic: 50x minimum expenses to use VPW?
Replies: 28
Views: 4757

50x minimum expenses to use VPW?

Howdy folks, One thing I've noticed with VPW, when one looks at the 'Withdrawal Stats for Every Year' chart, is that the 'lower bound' for the inflation adjusted minimum withdrawal sometimes hovers close to 2% SWR. Does this mean one should have about 50x their minimum expenses before they consider ...
by mortal
Thu Feb 14, 2019 7:23 pm
Forum: Personal Investments
Topic: How to calculate cape for a given ETF, or entire portfolio?
Replies: 0
Views: 203

How to calculate cape for a given ETF, or entire portfolio?

Howdy folks, I've seen a number of posts here and elsewhere that use CAPE ratios for various things, from calculating asset allocations, withdrawal rates, etc. One thing I've always been curious about is how one is supposed to calculate cape for a given etf or a portfolio of etfs. Where does one get...
by mortal
Wed Oct 10, 2018 10:15 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Emerging Markets Matter
Replies: 82
Views: 9357

Re: Larry Swedroe: Why Emerging Markets Matter

I have about 50% of my equities in international stocks, because I wanted to be as diversified as possible and avoid a japan scenario. Of that, I'm overweight EM by 10%. I've held this asset allocation for about 10 years now, patiently waiting for the high returns that supposedly accompany their hig...
by mortal
Mon Oct 01, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: Best neighborhoods in Atlanta
Replies: 46
Views: 4437

Re: Best neighborhoods in Atlanta

I'll walk you through my decision process when I moved to Atlanta. I'm in Tech, so this may not apply to you, but tech companies seem to be situated in a wide band, just north of 285, and a narrower one that runs down 400 to downtown. Given this, I rented (and later bought) a condo right smack dab i...
by mortal
Thu Aug 16, 2018 5:43 pm
Forum: Personal Investments
Topic: Convert TSP to roth on retirement?
Replies: 7
Views: 691

Re: Convert TSP to roth on retirement?

I'd wait 5 to 10 years to make that decision. Hah! You don't know who you're talking to! It takes me 5 minutes to pick a candy bar out of the vending machine. It took me 3 years to settle on the last car I bought. :wink: More seriously, If I do decide to do this, it could weigh on where I live in r...
by mortal
Wed Aug 15, 2018 7:31 pm
Forum: Personal Investments
Topic: Convert TSP to roth on retirement?
Replies: 7
Views: 691

Re: Convert TSP to roth on retirement?

I The TSP also has some "quirks" with different inheritance rules than an IRA or 401k. https://www.bogleheads.org/wiki/TSP_estate_planning There was a poster a while back that had run into this situation. 1) Dad had large TSP account, he dies and leave it to his wife. 2) Wife left the mone...
by mortal
Wed Aug 15, 2018 7:26 pm
Forum: Personal Investments
Topic: Convert TSP to roth on retirement?
Replies: 7
Views: 691

Re: Convert TSP to roth on retirement?

It is not possible to answer this question reliably with only the information given. Things like how much of your portfolio is tax deferred, what other accounts you have, your tax bracket when you do the conversions, your age when you retire, your marital status, the size of your TSP, and probably ...
by mortal
Wed Aug 15, 2018 6:46 pm
Forum: Personal Investments
Topic: Convert TSP to roth on retirement?
Replies: 7
Views: 691

Convert TSP to roth on retirement?

Howdy folks, I have a tsp account, and use it (and the G fund) for the bond portion of my portfolio. When I retire, I've given some thought to rolling it over to a traditional IRA, and converting it in chunks to a roth IRA and paying taxes on it. I don't want to get into a political debate here, but...
by mortal
Mon Jul 03, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: Using a 5y moving average to smooth withdrawals in VPW?
Replies: 70
Views: 8415

Re: Using a 5y moving average to smooth withdrawals in VPW?

The creator of the method doesn't like the idea at all -- smoothing is essentially incompatible with the expressed goal of spending down the entire portfolio in a specific time. Perhaps. I'm not heart set on a given outcome besides not running out of money. If I'm left with a quarter of my starting...
by mortal
Sun Jul 02, 2017 4:36 pm
Forum: Investing - Theory, News & General
Topic: Using a 5y moving average to smooth withdrawals in VPW?
Replies: 70
Views: 8415

Using a 5y moving average to smooth withdrawals in VPW?

Howdy folks, Lately I've looking at various variable withdrawal strategies . The series I link to seems to have a pretty thorough analysis, but the cape strategy they favor seems to be pretty complex. I also don't know how to calculate or where to find cape for a diversified portfolio consisting of ...
by mortal
Sat Mar 11, 2017 12:43 pm
Forum: Personal Consumer Issues
Topic: Why do reviewers love the Dell XPS 13 but users don't?
Replies: 97
Views: 16458

Re: Why do reviewers love the Dell XPS 13 but users don't?

Shrug . I dunno what to tell you. I love mine. I don't tend to trust user reviews on the extreme good or bad end of the bell curve. Mine's a i5/8gb ram / 256 ssd for $850. Also, it has excellent linux support which is a must for me. The only issue I've had with it is missing the touchpad from my wo...
by mortal
Thu Mar 09, 2017 10:34 pm
Forum: Investing - Theory, News & General
Topic: HSA (Tax + Penalty) vs Taxable? HSA always wins?
Replies: 13
Views: 2149

Re: HSA (Tax + Penalty) vs Taxable? HSA always wins?

So, taking another swing at this. Again, my assumptions are that I'm saving money in a higher tax bracket (28%) and withdrawing at a lower one (15%). Ignoring all of the better ways to get at the money, assuming a worst case scenario I think the HSA wins over the taxable unless your marginal tax rat...
by mortal
Thu Mar 09, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: HSA (Tax + Penalty) vs Taxable? HSA always wins?
Replies: 13
Views: 2149

Re: HSA (Tax + Penalty) vs Taxable? HSA always wins?

So, I'm aware that there are various tax advantaged means of accessing a hsa. What I am specifically asking is does a hsa make sense where : You've already saved 'enough' for health care. You'll be using it for non health expenses and incurring a penalty Your income is lower at the time of withdraw...
by mortal
Thu Mar 09, 2017 1:00 pm
Forum: Investing - Theory, News & General
Topic: HSA (Tax + Penalty) vs Taxable? HSA always wins?
Replies: 13
Views: 2149

Re: HSA (Tax + Penalty) vs Taxable? HSA always wins?

So, I'm aware that there are various tax advantaged means of accessing a hsa. What I am specifically asking is does a hsa make sense where : You've already saved 'enough' for health care. You'll be using it for non health expenses and incurring a penalty Your income is lower at the time of withdrawa...
by mortal
Thu Mar 09, 2017 12:13 am
Forum: Investing - Theory, News & General
Topic: HSA (Tax + Penalty) vs Taxable? HSA always wins?
Replies: 13
Views: 2149

HSA (Tax + Penalty) vs Taxable? HSA always wins?

The other day I saw a forum post elsewhere, an the author suggested that saving in a HSA was better than taxable even when taking taxes and penalties into account. (Yes, I know the various ways that one can withdraw from a HSA penalty free, but lets ignore them for now) The math went something like ...
by mortal
Thu Mar 02, 2017 11:08 pm
Forum: Investing - Theory, News & General
Topic: How to 'deal' with large swings in withdrawals when using VPW?
Replies: 26
Views: 2989

How to 'deal' with large swings in withdrawals when using VPW?

Howdy folks, I've been thinking of my future hypothetical retirement lately, and one question that keeps popping up in my mind is this: If one religiously follows the VPW method, or withdraws a constant (un-inflation adjusted) amount, (4% for the sake of argument), how do you deal with the large swi...
by mortal
Sat Feb 11, 2017 10:46 pm
Forum: Investing - Theory, News & General
Topic: Efficent Frontier Stock / Bond curve for foriegn markets?
Replies: 20
Views: 2373

Re: Efficent Frontier Stock / Bond curve for foriegn markets?

Wow, tyvm for the replies! I have much to go through here, and I didn't know about the portfolio visualizer. Very interesting. Thank you