Search found 452 matches

by 2pedals
Fri Apr 28, 2017 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model (in my case)
Replies: 18
Views: 2621

Retiree Portfolio Model (in my case)

I plan on retiring in about 2 years. I am currently 57 my wife is 56 I have been reviewing different scenarios in the model. https://www.bogleheads.org/wiki/Retiree_Portfolio_Model We have about 400K in taxable, 900K in IRA and 401K 200K in Roth estimated expenses 65K Pension will be about 65K with ...
by 2pedals
Fri Apr 28, 2017 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Law Changes
Replies: 13
Views: 1331

Re: Tax Law Changes

Tax laws can always change, yes. Please remove the Roth at 70 speculation from your OP to keep it from getting locked. But no, I invest based in present tax rules. If changes are ENACTED, I'll reassess what I'm doing and decide if some change would be better... I deleted the Roth "example" Just ask...
by 2pedals
Fri Apr 28, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Law Changes
Replies: 13
Views: 1331

Tax Law Changes

Possible "unknown" changes to tax law may impact future investment returns. Does anybody adjust financial investment strategies based on possible changes to the law? Do people diversify knowing that the current tax laws may impact them in the future?
by 2pedals
Thu Apr 27, 2017 10:42 pm
Forum: Personal Consumer Issues
Topic: 7 car noises you should never ignore
Replies: 23
Views: 4620

Re: 7 car noises you should never ignore

Visual inspections are important as well. Check for cracked or worn belts, cracked or aged hoses, fluid leaks, tire tread depth, tire pressure, head, exterior lights.
by 2pedals
Mon Apr 24, 2017 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Retire By 40?
Replies: 12
Views: 3339

Re: Retire By 40?

Get Started Here

I recommend reading If You Can: How Millennials Can Get Rich Slowly - William Bernstein

20 years probably not, 30 years maybe.
by 2pedals
Mon Apr 24, 2017 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Checking Account - Fidelity CMA vs. Schwab?
Replies: 41
Views: 4453

Re: Joint Checking Account - Fidelity CMA vs. Schwab?

A cash management account at fidelity has no fees for a debit card. This is different for a debit card linked to a fidelity brokerage account, it depends. Read "ATM Reimbursement Levels" hyperlink in the following web page. Fidelity Debit Card I like the fidelity ATM card (I am a premium account hol...
by 2pedals
Mon Apr 24, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 13338

Re: Why are pensions revered, but annuities reviled?

A few other points about DB vs DC plans. Obviously a DC plan wins for folks who change employers multiple times over their career, assuming they keep their qualified funds tax deferred and don't cash out. For people who start maxing out their DC plans early, especially with a good employer match, b...
by 2pedals
Mon Apr 24, 2017 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Joint Checking Account - Fidelity CMA vs. Schwab?
Replies: 41
Views: 4453

Re: Joint Checking Account - Fidelity CMA vs. Schwab?

I've been doing some research lately into switching to an online checking account for primary use (will likely keep current brick and mortar bank account active). I have a online checking account with fidelity and I have not utilized it very much, only because I find the full services that my credi...
by 2pedals
Sun Apr 23, 2017 7:40 pm
Forum: Investing - Theory, News & General
Topic: Not enough US market listings?
Replies: 14
Views: 2020

Re: Not enough US market listings?

It makes me think that the strategy of buying just one large US index is not going to capture what I want; that perhaps I should tilt more to international or to small caps etc. to reflect the historical composition of US equity markets. I always believed in about 30% international indexed equities...
by 2pedals
Sun Apr 23, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 13338

Re: Why are pensions revered, but annuities reviled?

It is too bad, in my opinion, that DB plans were just terminated rather than just reduced for the financial facts of life. I think the "financial facts of life" are tougher for the people now just beginning their working lives than they were when my working life began. In 1875 the American Express ...
by 2pedals
Tue Apr 18, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits
Replies: 41
Views: 4224

Re: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits

All, thank you, I have made my mind up to provide my wife the details of possible scenarios and recommend to her that we select the 100% survival benefit. Inbox788, you helped me greatly with your last statement. Money is fungible. Take the 100% annuity for her benefit, since it seems she may have a...
by 2pedals
Mon Apr 17, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits
Replies: 41
Views: 4224

Re: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits

Thank all again To answer some of the questions; My pension will be from a mega private company, excellent financial health, and insured by the PBG. My wife (survivor beneficiary) will have to sign the forms. If die before retirement she gets 100% survival benefits for my current defined pension val...
by 2pedals
Mon Apr 17, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits
Replies: 41
Views: 4224

Re: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits

All, thank you

Cruncher, interesting that the 100% survivor benefit wins as the most generous option from my employer. Not sure why my employer would offer that, maybe they are being family friendly. Might be enough to change my mind to 100%.
by 2pedals
Mon Apr 17, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits
Replies: 41
Views: 4224

Re: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits

My biggest concern is if I die before 70. Social security benefits are hard for me to understand, if I or her die before we start taking SS. What are the options and benefits for survivors before we start taking SS? Say if I die at 62 retired (when she is 61), what are her options at 62 and what are...
by 2pedals
Sun Apr 16, 2017 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits
Replies: 41
Views: 4224

Re: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits

All, thanks for the comments all very good. After running more numbers it's 95%, 91% and 88% of single life for 50%, 75% and 100% survival benefits. You gave some ideas to think about. And definitely I will provide different possible future scenarios for my wife to review. I don't think it really ma...
by 2pedals
Sun Apr 16, 2017 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Should I switch 401a funds?
Replies: 8
Views: 1027

Re: Should I switch 401a funds?

Can you direct your contributions to an International index (should be ~30% of equity IMHO) fund, total stock market (TSM) fund or a small cap index fund? I don't like the ER of 0.37 of the small cap fund.
by 2pedals
Sun Apr 16, 2017 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits
Replies: 41
Views: 4224

Help me decide pension benefits, single life, 50%, 75% and/or 100% survival benefits

In a few years my wife and I will be able to choose our pension pension options for retirement. I can choose single life, 50%, 75% or 100% survival benefits. If I die my wife will get benefits based on what we decide. If she dies my pension reverts back to single life. This is a very important once ...
by 2pedals
Sat Apr 15, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Public School Teacher: Need help with 403b
Replies: 41
Views: 2881

Re: Public School Teacher: Need help with 403b

Doesn't AXA provide low cost index funds for you to direct your investments in? Would think that they would at least provide a S&P 500 index fund and/or a Russel 2000 index fund. Maybe not an International index fund. What are the expense ratios of the funds than AXA provides you to invest in? I don...
by 2pedals
Tue Apr 11, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: 3 Fund Portfolio: FTIPX or FSGDX ?
Replies: 13
Views: 2272

Re: 3 Fund Portfolio: FTIPX or FSGDX ?

I like FTIPX but i don't see it as a game changer between the two. Nothing to lose sleep over.
by 2pedals
Mon Apr 10, 2017 9:58 am
Forum: Personal Finance (Not Investing)
Topic: High Deductible Health Plan (HDHP), Health Savings Account (HSA) and Secondary Insurance
Replies: 1
Views: 542

Re: High Deductible Health Plan (HDHP), Health Savings Account (HSA) and Secondary Insurance

I called my insurance provider this morning to ask some questions and they refused to provide any information until my they get information on my daughter's insurance plan. She has not provided that information to me nor my insurance provider :oops: . My insurance provider suggested to that she call...
by 2pedals
Sun Apr 09, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: High Deductible Health Plan (HDHP), Health Savings Account (HSA) and Secondary Insurance
Replies: 1
Views: 542

High Deductible Health Plan (HDHP), Health Savings Account (HSA) and Secondary Insurance

Last year my young adult (24) daughter started to work after graduating from college last year. She signed up for a HDHP plan and started to contribute to a HSA this year. She is eligible and also covered under my low deductible health care plan PPO from my employer which is generously at no cost to...
by 2pedals
Wed Apr 05, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: IRS and TurboTax Finger Pointing At Each Other
Replies: 17
Views: 2233

Re: IRS and TurboTax Finger Pointing At Each Other

I don't know for sure how to find the date you entered for withdrawal with 2016 Turbo Tax (I used H&R Block this year).

A similar question was asked and answered a few year ago in the TurboTax AnswerXchange.

https://ttlc.intuit.com/questions/26450 ... withdrawal
by 2pedals
Wed Apr 05, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: IRS and TurboTax Finger Pointing At Each Other
Replies: 17
Views: 2233

Re: IRS and TurboTax Finger Pointing At Each Other

If you used direct debit, what date did you specify to money to be withdrawn from your account? The money is withdrawn from your bank account on the date you specify when using direct debit. Did you double and triple check your bank account and routing numbers?
by 2pedals
Wed Apr 05, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Help with college choice
Replies: 125
Views: 8135

Re: Help with college choice

Is it foolish to give up full tuition offer at Vandy for UPenn full-pay( we have about 1 yr saved in 529 and another yr in savings and would have to cash flow the rest or take loans in case of job loss) He loved UPenn but yet to visit Vandy. Not sure if it is too southern for my Asian kid. A very l...
by 2pedals
Sun Mar 26, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: How are we doing? 35, 2nd kid on the way
Replies: 11
Views: 1576

Re: How are we doing? 35, 2nd kid on the way

Please follow the guide for asking portfolio questions https://www.bogleheads.org/wiki/Asking_portfolio_questions This forum would be more helpful with respect to your AA. Looks like you are saving some money for now and so I say you doing great, but you say some concerning things about moving to a ...
by 2pedals
Mon Mar 13, 2017 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving question - newbie
Replies: 4
Views: 614

Re: Tax saving question - newbie

After you have significant savings retire early and convert 401K and TIRA to Roth.
by 2pedals
Mon Mar 13, 2017 7:20 pm
Forum: Personal Consumer Issues
Topic: How Do You Share Expenses?
Replies: 52
Views: 5059

Re: How Do You Share Expenses?

Have you stated what you think would be fair, has she? Have you asked her what she thinks would be fair? Someone has to get the ball rolling.
by 2pedals
Thu Mar 09, 2017 10:31 pm
Forum: Personal Consumer Issues
Topic: Buying a rental car.. Any new experience?
Replies: 76
Views: 8242

Re: Buying a rental car.. Any new experience?

Another poster (2pedals) has purchased 4 ex-rental cars, and 50% had to have their transmissions replaced. Yes I did break their transmissions after driving about 50,000 miles but they were fully covered and under manufacturer warranty at no cost to me. All used previous rental cars still running s...
by 2pedals
Wed Mar 08, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Rate my portfolio?
Replies: 11
Views: 1312

Re: Rate my portfolio?

I get the redundancy of having the total stock market and s&p 500 but I feel that because of the optimism we're seeing for large-cap companies, tilting towards large-cap could generate higher shorter term gains. I would not assume that tilting towards large-cap would work out best for you, it could...
by 2pedals
Tue Mar 07, 2017 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: How am I doing?
Replies: 29
Views: 4257

Re: How am I doing?

For my international allocation in taxable I am thinking of Schwab International Index Fund SWISX (0.06) or Schwab International Equity ETF (SCHF) (0.07%)? Thoughts between the two? If you have a taxable brokerage account at Schwab, both would be a good in IMHO with a slight tax advantage to the ET...
by 2pedals
Tue Mar 07, 2017 1:49 pm
Forum: Personal Consumer Issues
Topic: Buying a rental car.. Any new experience?
Replies: 76
Views: 8242

Re: Buying a rental car.. Any new experience?

I have bought 3 cars from budget and 1 from Hertz. Bought them in 1995 (1994 model), 2001 (2000 model), 2002 (2001 model) and 2014 (2013 model) and the family still drives them. All bought with less than 30,000 miles and had various manufacturer warranties for several years after. The 1994 car had t...
by 2pedals
Tue Mar 07, 2017 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard doesn't understand Mega-Backdoor
Replies: 47
Views: 6479

Re: Vanguard doesn't understand Mega-Backdoor

I always request two in service distribution checks, 1) for the 401K after tax portion that will be payable to your Roth account FBO of you. 2) for the 401k gains on the after tax portion that will be payable to your IRA account FBO of you. Both checks avoid taxes on the distribution for the tax year.
by 2pedals
Sat Feb 25, 2017 6:44 pm
Forum: Investing - Theory, News & General
Topic: new study on Investor behavior being disconnected from financial theory and reality
Replies: 89
Views: 7476

Re: new study on Investor behavior being disconnected from financial theory and reality

Thank you Larry for that wonderful article explaining why some many investors are mislead by chasing dividend returns.
by 2pedals
Sun Feb 19, 2017 1:53 pm
Forum: Investing - Theory, News & General
Topic: Combining Wellesley and the Larry Portfolio
Replies: 37
Views: 2987

Re: Combining Wellesley and the Larry Portfolio

I think I would just use the 3 fund portfolio, variations in %stocks and %bonds are extremely easy to understand. Most actively managed funds can not beat the TSM benchmark, low cost and the ultimate diversity.
by 2pedals
Sun Feb 19, 2017 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: P2P Lending - Anyone try it?
Replies: 93
Views: 11712

Re: P2P Lending - Anyone try it?

Page 1 in the Wall Street Journal business section Feb 18-19 had an article about returns for investors on online lenders and weakened returns. Does anybody still use P2P lending? If you have have returns weakened?
by 2pedals
Sun Feb 19, 2017 12:14 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 10TH BIRTHDAY BOGLEHEADS FORUM
Replies: 69
Views: 7711

Re: HAPPY 10TH BIRTHDAY BOGLEHEADS FORUM

I have learned a tremendous amount about investing by reading posts on Bogleheads.org and "The Bogleheads Guide to Retirement Planning"

Bogleheads, happy 10th birthday and thank you :sharebeer
by 2pedals
Fri Feb 17, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: A 2-Fund Portfolio idea. Opinions Welcome!
Replies: 10
Views: 1259

Re: A 2-Fund Portfolio idea. Opinions Welcome!

Please decide your equity to bond allocation, such as 60% Equity, 40% bond. Then decide within the equity, US, to International ratio, international can be from 0% to 50% of your equity allocation. I agree with LiveSimple and would like to add the following. split stocks total between: Vanguard Tot...
by 2pedals
Thu Feb 16, 2017 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: How am I doing?
Replies: 29
Views: 4257

Re: How am I doing?

I would try to simplify your investments to the lower cost Schwab funds. I would prefer more exposure to large stocks. Decide your asset allocation (%stocks and %bonds), If want to use 80/20, factor following percentages appropriately to get asset allocation. I would not add bond funds to the taxabl...
by 2pedals
Tue Feb 14, 2017 12:53 pm
Forum: Investing - Theory, News & General
Topic: Rick Edelman Advice....Good?
Replies: 25
Views: 5725

Re: Rick Edelman Advice....Good?

I am looking to at least max out my IRA contributions every year for my wife and myself. I've got $10,000 in additional funds sitting in my bank account that is ready to be invested as well. Would you recommend that I put that into my 2016 Roth IRA contribution? I would also like to invest at least...
by 2pedals
Tue Feb 14, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Schwab
Replies: 15
Views: 1459

Re: Schwab

Don't do it unless you absolutely have to have local service, otherwise I believe you would be stuck paying little bit more ~.1% ER (or about $100/year for $100,000 investment) for your your Vanguard funds. I think both of your fund selections are excellent with Vanguard and would not change that.
by 2pedals
Tue Feb 14, 2017 11:08 am
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 21525

Re: Why do you go to restaurants?

Almost always because my wife happy asks me go with her, otherwise we are working or playing long hours and we have limited hours to shop, cook and clean up for a decent meal.
by 2pedals
Tue Feb 14, 2017 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Forbes Article - Best Vanguard funds for retirement
Replies: 12
Views: 2474

Re: Forbes Article - Best Vanguard funds for retirement

Educate yourself https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investing_start-up_kit I don't understand why Forbes would recommend those investments for retirement first without talking about total market and total bond funds first. Sometimes 401K plans have limited investment options. If a LOW ...
by 2pedals
Sun Feb 12, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: College student looking for advice
Replies: 24
Views: 1897

Re: College student looking for advice

First thing, you have to define your tolerance to risk, would you be able to handle a >20% loss without a panic sell? Or could you "weather the storm". That is very hard considering your age and no experience with bear markets. I believe at your age I would be mostly stocks (>80%) and consider the 3...
by 2pedals
Sun Jan 08, 2017 11:34 am
Forum: Investing - Theory, News & General
Topic: Fidelity International Index Funds
Replies: 9
Views: 1442

Re: Fidelity International Index Funds

I think it must be a play on foreign to USD currency.
by 2pedals
Fri Aug 26, 2016 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Is my salary inflated by my employer?
Replies: 32
Views: 4573

Re: Is my salary inflated by my employer?

If my employer had a reputation to negotiate salaries and your boss gives you excellent reviews, would look for another job to find your real worth. I would take the offer(s) to your boss and ask him to at least match your salary. If they will not it may be time to move on. If you do not want to lea...
by 2pedals
Wed Sep 16, 2015 9:54 pm
Forum: Personal Consumer Issues
Topic: Taking a trip to Oregon
Replies: 36
Views: 3149

Re: Taking a trip to Oregon

A trip to the coast might be fun on a clear sunny day, someplace like Cannon Beach. Don't bother if the weather is bad.
by 2pedals
Wed Jul 29, 2015 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Hefty Medical Bill
Replies: 38
Views: 3928

Re: Hefty Medical Bill

My job was eliminated and I received a severance package of 3 months. I received my last check on June 5th and was unclear whether my health benefits ended in May or June. All of this was important because my son had a surgical procedure scheduled for June 2nd that was pretty time sensitive and I d...
by 2pedals
Sat Jun 20, 2015 12:41 pm
Forum: Personal Consumer Issues
Topic: Where can I buy wiper blade inserts?
Replies: 22
Views: 4448

Re: Where can I buy wiper blade inserts?

www.autoplicity.com sells inserts. I order the anco blades and the refills. I do not know if the anco refills will work with any blade. You may need to order a bunch to to make to worth it. S&H can be cost prohibitive for only a few items.
by 2pedals
Sun May 10, 2015 8:02 pm
Forum: Personal Consumer Issues
Topic: Should I buy a lighter bicycle or lose body weight?
Replies: 53
Views: 6819

Re: Should I buy a lighter bicycle or lose body weight?

I believe you do no need a new bike, you want a new bike. How about if you change it up a little, buy a fitness bike mountain bike, cross bike or even a fat bike. You may like them more than your road bike.