Search found 444 matches

by 2pedals
Fri Mar 16, 2018 7:05 am
Forum: Personal Consumer Issues
Topic: Bicycle Commuting in LA - Thoughts?
Replies: 100
Views: 5501

Re: Bicycle Commuting in LA - Thoughts?

To get a good understanding where the cyclists ride the most, check out the Strava Heatmap.
by 2pedals
Thu Mar 15, 2018 8:39 pm
Forum: Personal Consumer Issues
Topic: Bicycle Commuting in LA - Thoughts?
Replies: 100
Views: 5501

Re: Bicycle Commuting in LA - Thoughts?

I commute to work about 20 miles one way. Great for your health and stress relief. Since I have a desk job it is a good way to get some exercise instead of waiting in traffic with road rage, there seems to be plenty of that going around. I would look of the "safest" route to work. Sometimes this req...
by 2pedals
Sun Mar 11, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 180
Views: 21699

Re: Torn between Vanguard, Fidelity and Schwab

Honestly, although I love Vanguard's philosophy, I would strongly consider Fidelity ( as long as you are able to recognize and ignore their sales-pitches) . They have enough very-low cost vehicles, but the tipping factors are their excellent 24/7 customer service as well as their easy-to-navigate w...
by 2pedals
Sun Mar 11, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 626
Views: 69580

Re: Picking College and College Scholarships

Don't take this too personally, but I think this is much ado about nothing. Just send your son to any good engineering school, statics is statics and thermodynamics is thermodynamics. Engineering schools teach the same material but at different prices. The difference is in graduate school when you ...
by 2pedals
Sun Mar 11, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 626
Views: 69580

Re: Picking College and College Scholarships

You may be reading too much in. But it is still a good question. So a few comments ... If attending college is like marriage, visiting colleges is like dating. Going strictly by online is a bit like having a mail order bride. Arranged marriages work to, but typically, arranged marriages are arrange...
by 2pedals
Sun Mar 11, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage vs. additional tax-advantaged retirement savings
Replies: 93
Views: 5972

Re: Paying off mortgage vs. additional tax-advantaged retirement savings

OP I think you have a good handle on this dilemma. It basically boils down to how much risk you want to take in life. Real estate, stocks and expectations for a steady income stream from employment can impact your future. Other unexpected family issues can also rear their ugly head at times. Bonds i...
by 2pedals
Sat Mar 10, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Dumped My Advisor, Now What?
Replies: 77
Views: 5507

Re: Dumped My Advisor, Now What?

Why did you dump your advisor? Kept pushing us to sell our stocks into High ER funds with front loads, and since he was the financial guy I made the mistake of trusting him to make good decisions on our behalf, expensive mistake after looking at the calculator. Finally sat down and actually looked ...
by 2pedals
Sat Mar 10, 2018 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Dumped My Advisor, Now What?
Replies: 77
Views: 5507

Re: Dumped My Advisor, Now What?

Why did you dump your advisor?
by 2pedals
Sat Mar 10, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Amount saved by age
Replies: 58
Views: 8669

Re: Amount saved by age

I know everyone’s circumstances are different; however, is there a general rule of thumb as to how much you should aim to save by age group? I am a young investor fyi (29). Thanks all. Take a look at the bogleheads wiki. Investment Philosopy Great information. The most important thing is to get a w...
by 2pedals
Sat Mar 10, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: Tires: Where to Get? Warranty? And Questions?
Replies: 74
Views: 6431

Re: Tires: Where to Get? Warranty? And Questions?

My entire family has been using Discount Tire forever. No issues. +1 I have always had great service from my local Discount tire. They have gone above and beyond on several occasions even fixing a problem (tire pull) from another big box club warehouse tire when they refused... +2, I have gone to D...
by 2pedals
Fri Mar 09, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Advisory
Replies: 23
Views: 2704

Re: Schwab Intelligent Advisory

I would stick with the 3 funds approach. I don't think it adds value.
by 2pedals
Thu Mar 08, 2018 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Do I, will I, ever need a bond fund?
Replies: 31
Views: 3985

Re: Do I, will I, ever need a bond fund?

I'm planning to take at 62 for a couple of reasons. First, I don't think I'll be burning through cash when I'm 81.5, I'm expecting that my needs (for the 'fun' spending, anyway) will be less. If I'm wrong and I'm chasing DW around the hotel room in Paris, it's a good way to be wrong. Secondly, as a...
by 2pedals
Wed Mar 07, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 19835

Re: What was your % pay raise?

Not nearly enough to make me want to stay beyond 2018. 2.6%
by 2pedals
Wed Mar 07, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Ok fellow bogleheads, was the correction scary or nothing?
Replies: 147
Views: 11196

Re: Ok fellow bogleheads, was the correction scary or nothing?

Spooky not scary. Spooky is fun and interesting, scary is not fun. Spooky for going up so steady for most of 2017 with a steep run up at the beginning of 2018 and it was like someone turned off the amplifier controls.
by 2pedals
Sun Mar 04, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Lost My Way - Advice Needed
Replies: 44
Views: 4889

Re: Lost My Way - Advice Needed

All of my holdings are individual stocks that are structured as a REIT outside of a S&P 500 fund that is roughly 5% of my portfolio. Would you mind sharing with us what you think a REIT is? I think you're justifying holding individual stocks by saying you structured a REIT. When it seems you simply...
by 2pedals
Tue Feb 27, 2018 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Tips for 401k fund selection with Fidelity
Replies: 8
Views: 942

Re: Tips for 401k fund selection with Fidelity

#1) have you considered Fidelity Freedom and placing the Vanguard money in Vanguard target with a retirement date of say 2045? No need to balance and the fees are still very reasonable for the added portfolio diversity.

#2) Have considered doing a backdoor Roth conversion?
by 2pedals
Tue Feb 20, 2018 9:35 am
Forum: Investing - Theory, News & General
Topic: Sequence of returns risk while accumulating
Replies: 65
Views: 4508

Re: Sequence of returns risk while accumulating

Great Post OP I have a question, is it easy to produce a plot that accumulates based on an increasing investment? For example you start with an investment of $1,000/mo. but in real life that is not practical. In real life most people when they start out they have less disposable income. Once they st...
by 2pedals
Sun Feb 18, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 12122

Re: What has been your most important skill in achieving financial independence?

Take care of your career. Learn a skill that pays well and that you enjoy. Work hard, please your bosses with exceptional performance, challenge yourself and build on your successes. Max out your 401K and save money in your taxable account as well. Most of all passion for life and love your signific...
by 2pedals
Sat Feb 17, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 168
Views: 18523

Re: Retirees: The common sense withdrawal method

As a person nearing retirement I find this thread very interesting thread. I have been learning a lot the past year. Lots of word of wisdom here. I believe what works for you is based on your individual circumstances, i.e. saving for end of life, legacy, pension, expenses, personal desires, SS, heal...
by 2pedals
Thu Feb 15, 2018 1:04 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 113
Views: 9864

Re: PSA: Bank of America now charges $12/month for checking

Seems like you expect a lot for next to nothing. As a BoA shareholder, I am glad to see that they are instituting fees to cover the cost of providing services to you. Okay, yes BoA needs to make money for it's shareholders. As a consumer and credit union member, I am just not seeing why I would wan...
by 2pedals
Mon Feb 12, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 127
Views: 13044

Re: Anybody else Age - 10 in bonds, rest in stocks

Currently age bonds at 58 years old. Conservatively I do not count expected pension, only invested money.

If I added my expected pension value to my bond and stable value investments I would be age + 15 in bonds. I sleep well at night.
by 2pedals
Sat Feb 10, 2018 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: 4% rule and early retirement?
Replies: 69
Views: 9686

Re: 4% rule and early retirement?

I would read Wade Pfau book. I liked it and learned a lot. He talked about a several different approaches. Although I am not yet retired, I am leaning to a hybrid approach using 2% fixed based on value at retirement (adjusted for CPI) and 2% based on the annual value of funds.
by 2pedals
Mon Jan 29, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: TSM believers, defend thyself! (In a good natured, friendly debate.)
Replies: 59
Views: 6923

Re: TSM believers, defend thyself! (In a good natured, friendly debate.)

Example. If someone wishes to accumulate 1.0M+ over 30 years, but can realistically only save $500/month, they need a CAGR of ~10%. Is it legitimate for such a person to somewhat substantially tilt towards small cap/value? Why or why not? Legitimate yes, if you want more risk. I think not, if you d...
by 2pedals
Fri Jan 26, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: Vanguard US Multifactor Fund
Replies: 52
Views: 5757

Re: Vanguard US Multifactor Fund

Be wary of "factor" investing. Consider The Three-Fund Portfolio. which holds nearly all stocks (including "factor" stocks) at market weight. All stocks are "factor" stocks. You may not pay attention to the stable or changing characteristics of a stock, but a lack of attention does not change the c...
by 2pedals
Thu Jan 25, 2018 10:33 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4999

Re: Happy Birthday, Taylor!

Happy birthday, Taylor and thank you for explaining the value of the 3 fund.
Thank you for your sacrifice in wartime service.
by 2pedals
Wed Jan 24, 2018 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 17672

Re: Dear wife quits job and now we are down to 1 income

We will be approximately -700 every month. Options: 1. DW finds a full time job 2. DW finds a part time job 3. DW stays at home with Son Any suggestions and or advice? What is the longest DW should stay at home with son? I am concerned that we will not be saving for retirement or paying down house ...
by 2pedals
Tue Jan 23, 2018 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversions Recommendation Please
Replies: 7
Views: 952

Re: Roth IRA Conversions Recommendation Please

Suggest you try out the RPM - Retirement Portfolio Model. You rmd’s from your 650k 401k will quickly grow to be a challenge, especially w.r.t. IRMAA. You have a few years to aggressively convert, in order to minimize the impact. I wish I had started my large conversions earlier. Really, spend a few...
by 2pedals
Tue Jan 23, 2018 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversions Recommendation Please
Replies: 7
Views: 952

Re: Roth IRA Conversions Recommendation Please

Welcome to Bogleheads. Your taxable account will probably generate an additional income stream of $10k. That results in a total yearly income of $65k + $40k + $10k = $115k. Standard deduction is $24000. I estimate you will be in the 22% tax bracket. If you want to do some Roth IRA conversion, I wou...
by 2pedals
Mon Jan 22, 2018 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversions Recommendation Please
Replies: 7
Views: 952

Roth IRA Conversions Recommendation Please

I plan on retiring early next year at 59 and I need some help in understanding my accounts and the best way to start with Roth IRA conversions early next year. I will be getting a non COLA pension of about 65K with the 100% J&S option. DW will remain at her job making about 40k. We have about 1.6M i...
by 2pedals
Sun Jan 21, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Mega back door roth
Replies: 13
Views: 1639

Re: Mega back door roth

I am not doing a backdoor Roth conversion, just the mega backdoor. After I retire I plan doing some Roth conversions from my 401k and tIRA amounts.
by 2pedals
Sun Jan 21, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Mega back door roth
Replies: 13
Views: 1639

Re: Mega back door roth

Thanks everyone for your replies. This is very helpful. Apologies for late reply as I was out travelling. Update on my end: I called ML (they manage my wife's 401K) and spoke to 3 different people over phone who all gave me conflicting reply. After further digging it turns out they do allow out of ...
by 2pedals
Sun Jan 21, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Mega back door roth
Replies: 13
Views: 1639

Re: Mega back door roth

Thanks everyone for your replies. This is very helpful. Apologies for late reply as I was out travelling. Update on my end: I called ML (they manage my wife's 401K) and spoke to 3 different people over phone who all gave me conflicting reply. After further digging it turns out they do allow out of ...
by 2pedals
Sun Jan 21, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Mega back door roth
Replies: 13
Views: 1639

Re: Mega back door roth

Thanks everyone for your replies. This is very helpful. Apologies for late reply as I was out travelling. Update on my end: I called ML (they manage my wife's 401K) and spoke to 3 different people over phone who all gave me conflicting reply. After further digging it turns out they do allow out of ...
by 2pedals
Sat Jan 20, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Saturday Morning Panic and I-bonds
Replies: 8
Views: 1788

Re: Saturday Morning Panic and I-bonds

Reason for Posting: I am having a Saturday Morning panic and thought I would seek counsel from the group. I originally began to buy I-bonds to add another layer to my savings—i.e. increase the number of sources I could use to pay for retirement/emergencies . I also wanted to add a layer of protecti...
by 2pedals
Mon Jan 15, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Possible retirement?
Replies: 10
Views: 1278

Re: Possible retirement?

I would suggest you spend some time reading the following book: How Much Can I Spend in Retirement?: A Guide to Investment-Based Retirement Income Srategies, by Wade Pfau You need to define your asset allocation (%stocks and %bonds) and minimize your sequence of returns risks. It could work, you nee...
by 2pedals
Mon Jan 15, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: “Better Buy” Total US or International ?
Replies: 36
Views: 4472

Re: “Better Buy” Total US or International ?

thank you! INT'L it is ! well, why stop there? If you're looking for the "cheapest" why not try Vanguard's Emerging Market Stock Index fund. It's is even cheaper than total international stock market index fund (p/e 14.8X and price to book 1.8X): https://s13.postimg.org/ab82iikif/emerging.jpg sourc...
by 2pedals
Sat Jan 13, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 8865

Re: Heading for a top?

nobody knows nothing
by 2pedals
Fri Jan 12, 2018 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: RMD and Roth IRA conversions
Replies: 13
Views: 1957

Re: RMD and Roth IRA conversions

I am 58 and plan on to retire in about 1 year. After I retire, the assets the I convert from 401k and TIRA to Roth should be "long term" and will avoid RMD's after 70.5. For me the biggest advantage to Roth accounts is in legacy estate planning. I believe my DD (a professional) will be in a higher ...
by 2pedals
Tue Jan 09, 2018 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking investment advice
Replies: 4
Views: 442

Re: Seeking investment advice

What is your income and expenses? I think you should focus on repaying your debt. You made a big investment in yourself. If I was an employee I would rather has a 401k plan with fidelity.
by 2pedals
Mon Jan 08, 2018 10:42 pm
Forum: Local Chapters and Bogleheads Community
Topic: Livesoft at 58,000 posts!
Replies: 36
Views: 3587

Re: Livesoft at 58,000 posts!

I was going to wait until 60,000 to mention anything, but I'm not averse to someone posting his total now. You should wait until 59999, as it is prime. What about 64,000 it has 38 factors? The prime factors for, 64000 = (2^9 × 5^3). Also we when get to that level we can finally ask him the $64,000 ...
by 2pedals
Sun Jan 07, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2994

Re: Do we have too much in bonds?

2Pedals, our situations are somewhat similar... Ages: Me 62 (Retired a year ago) & DW 58 (wants to work till 60, taxable earned income of $69k less 24k to 403b) , MFJ, DW has Non-Cola Pension of $40k begins upon retirement in 2 yrs, I have Non-Cola Pension of 13k that I will start in 3 yrs at age 6...
by 2pedals
Sun Jan 07, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2994

Re: Do we have too much in bonds?

OP, I don't get theses numbers: your pension is 65K, your wife is making $40K, your expense is $50K, but you still need to take out $40K a year from your investment before SS kicks in? With pension, SS, and perhaps a 2 or 3% withdrawal, you will have more than enough to live on. You should spend an...
by 2pedals
Sun Jan 07, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2994

Re: Do we have too much in bonds?

Thanks, everyone, for your encouragement. One more vote of confidence in your current plan. Good job of saving, controlling expenses, and preparing for the transition. Just wondering with 240K income and 50,000 yearly expenses, seem like 1.6M would accumulate pretty fast. Did you get a late start o...
by 2pedals
Sat Jan 06, 2018 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2994

Re: Do we have too much in bonds?

Thanks, everyone, for your encouragement.
by 2pedals
Sat Jan 06, 2018 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2994

Re: Do we have too much in bonds?

TomatoTomahto wrote:
Sat Jan 06, 2018 6:36 pm
Your numbers work for you. Why jeopardize them to satisfy someone else’s idea of what’s appropriate.

That said, are you sure about 50k annual expenses?
We are, but after retirement not so much. We may want to do more traveling and other hobbies.
by 2pedals
Sat Jan 06, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2994

Re: Do we have too much in bonds?

Next year when I retire at 59.
by 2pedals
Sat Jan 06, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2994

Do we have too much in bonds?

I plan on retiring early next year at 59. I will be getting a non COLA pension of about 65K with the 100% J&S option and medical insurance coverage until medicare from a very stable mega corp. I am making about 200k and DW makes about 40k. I can not convince DW that she might as well retire as well,...
by 2pedals
Sat Jan 06, 2018 2:05 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 9420

Re: Misuse of adverse when averse was meant

Wood you like too mete me for a glass of whine in an our?
by 2pedals
Sat Jan 06, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 7134

Re: Does the 3 fund portfolio seem somewhat flawed?

nisiprius wrote:
Sat Jan 06, 2018 8:12 am
But a sane person could also decide to own the market, in the same proportions as the market itself owns them.
+1, nisprius thank you, your post was amazing. :beer