Search found 1658 matches

by WoodSpinner
Sun Jul 19, 2020 1:26 am
Forum: Personal Investments
Topic: Until What Age Would You Recommend 0% Bond Allocation?
Replies: 149
Views: 8273

Re: Until What Age Would You Recommend 0% Bond Allocation?

Until death. Because a 100% stock allocation has the highest success rate of survivability using a 3% or less withdrawal rate. This is simply not true based on any of the analytics I am aware of. https://i0.wp.com/earlyretirementnow.com/wp-content/uploads/2016/11/swr-part1-table1.png?resize=764%2C5...
by WoodSpinner
Sat Jul 18, 2020 11:01 pm
Forum: Personal Investments
Topic: Until What Age Would You Recommend 0% Bond Allocation?
Replies: 149
Views: 8273

Re: Until What Age Would You Recommend 0% Bond Allocation?

Until death. Because a 100% stock allocation has the highest success rate of survivability using a 3% or less withdrawal rate. This is simply not true based on any of the analytics I am aware of. https://i0.wp.com/earlyretirementnow.com/wp-content/uploads/2016/11/swr-part1-table1.png?resize=764%2C5...
by WoodSpinner
Sat Jul 18, 2020 10:52 pm
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 18979

Re: Until What Age Would You Recommend 0% Bond Allocation?

Let’s wipe away all of the assumptions. The below table takes into account 6.5 million real historical scenarios which include many the very worse sequence of returns with available US data. This includes folks who retired right before the great depression and right before the dot com bubble. Care ...
by WoodSpinner
Sat Jul 18, 2020 5:58 pm
Forum: Investing - Theory, News & General
Topic: 0.00% Yield on the Vanguard Short-Term Treasury Fund
Replies: 203
Views: 16133

Re: 0.00% Yield on the Vanguard Short-Term Treasury Fund

All the more reason to use the ETF or Admiral Share version of the fund!

VGSH has an SEC Yield of .14% !
VSBSX has a SEC Yield of ,12% !

Living the dream ...

:annoyed

:sharebeer
by WoodSpinner
Fri Jul 17, 2020 11:47 am
Forum: Personal Consumer Issues
Topic: What surprised you the most once you retired?
Replies: 267
Views: 31334

Re: What surprised you the most once you retired?

Interesting thread! 1. How stressed I was from my daily commute. 2. How much Enjoy long walks with my wife or with a good Podcast (doing twice a day 3 mile loops). 3. How much of my weight issues evaporated as I shifted from working lunches to much smaller portions. Down about 90lbs so far and have ...
by WoodSpinner
Thu Jul 16, 2020 11:48 am
Forum: Personal Consumer Issues
Topic: Oddly Difficult to Find Items During the Pandemic
Replies: 282
Views: 25363

Re: Oddly Difficult to Find Items During the Pandemic

kayaks of any sort are very hard to come by. I bought one in early May and the seller was concerned about business as we were still on full lock down. I wanted to buy a second one in mid-June, he just laughed and told me that he sold his entire inventory (usually lasts the summer) by Memorial Day a...
by WoodSpinner
Thu Jul 16, 2020 11:42 am
Forum: Personal Investments
Topic: 2% Real Returns, 2% inflation reasonable for estimating?
Replies: 42
Views: 2666

Re: 2% Real Returns, 2% inflation reasonable for estimating?

I think I would use 3% real for 60/40 asset allocation. 2% inflation is reasonable. Just curious, what modeling tool(s) are you using, is this your own cooking? Hopefully you are not biased and cooking your own books. I like bigfoots48's Retiree Portfolio Model (RPM). You should probably start with...
by WoodSpinner
Thu Jul 16, 2020 9:33 am
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau will be my next Bogleheads podcast guest
Replies: 42
Views: 3901

Re: Dr. Wade Phau will be my next Bogleheads podcast guest

Rick, Can’t wait — should be a great Podcast. Lots of interesting questions in this thread on his Long View podcast, https://www.bogleheads.org/forum/viewtopic.php?t=313475 - I would love to hear more of his thinking on implementing a Bond Tent in Retirement. During the LongView podcast he didn’t se...
by WoodSpinner
Thu Jul 16, 2020 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Funding A Living Trust: Re-Title or Payable/Transfer on Death
Replies: 15
Views: 956

Re: Funding A Living Trust: Re-Title or Payable/Transfer on Death

We were strongly advised not to fund the revocable trust with retirement accounts. Same here.... We set up beneficiaries and contingencies for the Retirement Accounts. Our Checking/Savings accounts are titled in the name of the Trust. WoodSpinner If the trust were properly drafted, you could name t...
by WoodSpinner
Wed Jul 15, 2020 1:29 pm
Forum: Personal Consumer Issues
Topic: Retirees: How you spend your time?
Replies: 63
Views: 7605

Re: Retirees: How you spend your time?

OP, At a high level we wanted to travel as a key part of retirement (Jan2018). Went to an RV show on a lark and ended up purchasing a Class B. Shifted plans a bit to do 1-2 trips Internationally and lots more 5-10 day road trips in the US and Canada. Had to shift again due to Covid — now taking much...
by WoodSpinner
Wed Jul 15, 2020 11:47 am
Forum: Personal Consumer Issues
Topic: Wills and Instructions to executor..
Replies: 5
Views: 559

Re: Wills and Instructions to executor..

Wally,

Some of the other things we include:

- Name, Contact Info for all beneficiaries
- How to get access to Password Vault
- How access safes, safe deposit boxes
- What to do with digital assets (e.g. Kindle Library)
- plans for funeral, celebrations of life, ash scattering etc.


WoodSpinner
by WoodSpinner
Wed Jul 15, 2020 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Funding A Living Trust: Re-Title or Payable/Transfer on Death
Replies: 15
Views: 956

Re: Funding A Living Trust: Re-Title or Payable/Transfer on Death

Planner01 wrote: Sun Jul 12, 2020 3:06 pm We were strongly advised not to fund the revocable trust with retirement accounts.
Same here....

We set up beneficiaries and contingencies for the Retirement Accounts.

Our Checking/Savings accounts are titled in the name of the Trust.

WoodSpinner
by WoodSpinner
Wed Jul 15, 2020 9:05 am
Forum: Personal Finance (Not Investing)
Topic: How do you manage your taxes?
Replies: 65
Views: 4585

Re: How do you manage your taxes?

I just finished paying my taxes and it hurts EVERY. SINGLE. TIME My strategy is that I pay a bit out of my W4 to the Gov so that at the end of the tax year the burden is not so high. This year I did not calculate well, so the burden was higher. What strategy do you follow? Do you pay early on, quar...
by WoodSpinner
Wed Jul 15, 2020 8:15 am
Forum: Personal Consumer Issues
Topic: Coffee bean grinder
Replies: 34
Views: 1641

Re: Coffee bean grinder

Get a cheap blade grinder. If the experience and quality is worth upgrading, you'll know. If not, a blade grinder is also good for grinding herbs & spices, making small batches of rice or oatmeal flour, or converting granulated sugar to icing sugar. But save your money unless you really want to upg...
by WoodSpinner
Tue Jul 14, 2020 10:05 pm
Forum: Personal Investments
Topic: Pull out of 401K?
Replies: 34
Views: 3457

Re: Pull out of 401K?

OP,

Market Corrections will always happen. No reason to pull out of a 401k.

That said, typically 401k money is meant for Retirement, not for spending within a year.

Is something unusual happening?

WoodSpinner
by WoodSpinner
Tue Jul 14, 2020 9:24 pm
Forum: Personal Consumer Issues
Topic: Coffee bean grinder
Replies: 34
Views: 1641

Re: Coffee bean grinder

OP,

How do you prepare your coffee?

WoodSpinner
by WoodSpinner
Tue Jul 14, 2020 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: IRS - Getting a live person for questions
Replies: 6
Views: 425

Re: IRS - Getting a live person for questions

OP,

It’s always a challenge but probably worse at this point.

Lots of knowledgeable Tax folks here, perhaps you could post it?

WoodSpinner
by WoodSpinner
Tue Jul 14, 2020 9:27 am
Forum: Personal Investments
Topic: January RMD (& CARES act) --> move back to IRA
Replies: 26
Views: 1292

Re: January RMD (& CARES act) --> move back to IRA

OP, Strongly suggest that you contact your IRA broker by phone and work through the process. The change is so recent that it’s unlikely the Online systems can handle it. I just completed this expertise through Merrill Edge — had great customer service but it still took a few conversations. WoodSpinner
by WoodSpinner
Thu Jul 09, 2020 3:19 pm
Forum: Personal Consumer Issues
Topic: Apple Airpods vs. Airpods Pro?
Replies: 33
Views: 2296

Re: Apple Airpods vs. Airpods Pro?

Have you all tried both the standard Airpods versus the Airpods Pro? Amazon has a sale on standard Airpods with wireless charging case now for $150 so leaning that option but wondering if it's worth the money for the Pros? Or, is there a better alternative to Airpods by a different manufacture. Hav...
by WoodSpinner
Wed Jul 08, 2020 10:02 pm
Forum: Personal Investments
Topic: "Core" Bond ETFs Seem Expensive
Replies: 4
Views: 569

Re: "Core" Bond ETFs Seem Expensive

OP, I faced a similar issue in 2017 as I prepared for Retirement. I was 80/20 at that point but hadn’t originally planned to retire till 2024. Once I decided to pull the plug it was clear to me that my AA needed to change to match my new situation. Bit the bullet and shifted to 50/50. Made the chang...
by WoodSpinner
Wed Jul 08, 2020 9:29 pm
Forum: Personal Investments
Topic: Making sense of Fidelity 401K balances and pension options
Replies: 3
Views: 328

Re: Making sense of Fidelity 401K balances and pension options

I write this with my good friend as we (not so) patiently wait on the phone for the Fidelity Service Center to answer some basic questions about her online retirement plan data (she is planning to retire later this year). My bet is that we get a better answer from the forum before the phone music s...
by WoodSpinner
Wed Jul 08, 2020 8:54 pm
Forum: Personal Consumer Issues
Topic: Anybody use a percussion massage device?
Replies: 16
Views: 1410

Re: Anybody use a percussion massage device?

Been using a Thumper for about 20 years now....

Love it!

https://www.massagetools.com/thumper-sp ... sager.html
by WoodSpinner
Wed Jul 08, 2020 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Move from Bay Area?
Replies: 34
Views: 3635

Re: Move from Bay Area?

We have some family friends in the El Dorado Hills area about an hour east of Sacramento near Folsom Lake. We come up from Southern California to visit about twice a year. It is very "suburbia" but I like it a lot. There are a lot of outdoor hiking / biking areas as well as Folsom Lake itself. It's...
by WoodSpinner
Tue Jul 07, 2020 9:14 am
Forum: Personal Investments
Topic: Supplementing Total Bond as I Approach Retirement
Replies: 9
Views: 1280

Re: Supplementing Total Bond as I Approach Retirement

Given the Short Term outlook for inflation is close to 0 (many are much more concerned about deflation for the next few years!), why Short Term Tips? I must be missing something.... It is a bit of a paradox for me, because by definition TIPS are supposed to protect against UNEXPECTED inflation, the...
by WoodSpinner
Mon Jul 06, 2020 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: How are business owners dealing with coin shortages?
Replies: 14
Views: 1625

Re: How are business owners dealing with coin shortages?

How about installing a CoinStar like machine in your store and invite folks to use it to exchange their change for purchases?

WoodSpinner
by WoodSpinner
Mon Jul 06, 2020 8:15 pm
Forum: Personal Investments
Topic: 401 K rollover from Fidelity to Vanguard or Schwab? Looking for advice!
Replies: 19
Views: 1068

Re: 401 K rollover from Fidelity to Vanguard or Schwab? Looking for advice!

3) I didn't like the "have them send a check to vanguard" part of a rollover (this is friggin 2020, send a check??? seriously??) That is how 401k to IRA rollovers generally work. Even Fidelity 401k to Fidelity IRA involves a paper check, I believe. If there's a way to do it electronically, I'm not ...
by WoodSpinner
Mon Jul 06, 2020 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: What is a "gift" according to the IRS?
Replies: 20
Views: 1515

Re: What is a "gift" according to the IRS?

OP,

Form 709 can be handled. I had a few issues originally but got help from the forum. It won’t take you long to fill and file once you have a template. Happy to help if I can.

How much in student loans are you talking about?

Are you married?

WoodSpinner
by WoodSpinner
Mon Jul 06, 2020 1:03 pm
Forum: Personal Investments
Topic: 401K / New Job
Replies: 5
Views: 387

Re: 401K / New Job

OP, If you have a reasonable 401K plan (fees and investment options) you might be better off rolling the old 401K into the new plan rather than an IRA (new plan has to allow rollovers though). Having an empty IRA is helpful for doing Backdoor Roth contributions should you choose to go down that path...
by WoodSpinner
Mon Jul 06, 2020 11:16 am
Forum: Investing - Theory, News & General
Topic: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.
Replies: 112
Views: 9749

Re: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.

There are three parts to successful investing over the long run: 1) Philosophy - Whether you believe a passive approach is better than an active approach. These are universal concepts. 2) Strategy - How you should create an investment portfolio based on your particular needs. This is unique to each...
by WoodSpinner
Mon Jul 06, 2020 11:02 am
Forum: Investing - Theory, News & General
Topic: The perfect retirement portfolio...
Replies: 29
Views: 4400

Re: The perfect retirement portfolio...

Post by WoodSpinner » Sat Jul 04, 2020 9:04 am Wrench, When did you purchase the Deferred annuity? How much of the payout is return on Principle? Why do you feel that this meets your Criteria #1? WoodSpinner In answer to your questions: June 2019. No idea for question #2. I don't care about return ...
by WoodSpinner
Mon Jul 06, 2020 10:23 am
Forum: Investing - Theory, News & General
Topic: 4% rule - confidence poll
Replies: 457
Views: 27095

Re: 4% rule - confidence poll

I can't figure out how to figure out the 4% rule for me. I have a COLA pension that is in effect the day I retire @ 55. I have SS. At age 70, these cover all my base expenses. What % do I use between 55 and 70? 4%? 4% of what? It only needs to last 15 years. Then what do I do @ 70? I don't NEED any...
by WoodSpinner
Sun Jul 05, 2020 10:54 pm
Forum: Investing - Theory, News & General
Topic: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.
Replies: 112
Views: 9749

Re: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.

What does this guy know? I could swear he said there is no problem with buying high quality dividend stocks in place of bonds for income.Yes he did say that. He said you can always sell shares for income but sees no problem with the dividends approach for simplicity. Yes he did say that. It was an ...
by WoodSpinner
Sun Jul 05, 2020 7:28 pm
Forum: Investing - Theory, News & General
Topic: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.
Replies: 112
Views: 9749

Re: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.

What does this guy know? I could swear he said there is no problem with buying high quality dividend stocks in place of bonds for income.Yes he did say that. He said you can always sell shares for income but sees no problem with the dividends approach for simplicity. Yes he did say that. It was an ...
by WoodSpinner
Sun Jul 05, 2020 2:59 pm
Forum: Investing - Theory, News & General
Topic: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.
Replies: 112
Views: 9749

Re: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.

What does this guy know? I could swear he said there is no problem with buying high quality dividend stocks in place of bonds for income.Yes he did say that. He said you can always sell shares for income but sees no problem with the dividends approach for simplicity. Yes he did say that. It was an ...
by WoodSpinner
Sun Jul 05, 2020 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion / Private Letter Ruling
Replies: 38
Views: 3560

Re: Roth Conversion / Estimated Taxes

So the required annual payment to avoid a penalty would be $3,357-$1,200=$2,257? If this is correct, I am absolutely thrilled and I will either pay $2,257 on July 15 (ok to make one payment?) or make three payments, $1,129 on July 15, and $564 on Sept 15 and Jan 15, 21. (I may decide to pay more if...
by WoodSpinner
Sun Jul 05, 2020 8:46 am
Forum: Personal Consumer Issues
Topic: What happens to all my digitized photos when I die?
Replies: 68
Views: 5509

Re: What happens to all my digitized photos when I die?

What's smaller? If you have 300 (picking a number somewhat at random) photos of your entire family history , that's a whole lot of photos unless you had a very very interesting family. I mean, you can keep all of them, perhaps organized, as my relative did in some general way, but pick out a key sm...
by WoodSpinner
Sat Jul 04, 2020 9:30 am
Forum: Investing - Theory, News & General
Topic: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.
Replies: 112
Views: 9749

Re: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.

Rick, Another great Podcast, will have to listen a few times to make sure I get the nuances. I was a bit perplexed about his answer to the question around the 4% rule. He mentioned that it would be dangerous for endowments to use 4% and still expect principle to remain (I think this is close but par...
by WoodSpinner
Sat Jul 04, 2020 9:12 am
Forum: Personal Investments
Topic: Supplementing Total Bond as I Approach Retirement
Replies: 9
Views: 1280

Re: Supplementing Total Bond as I Approach Retirement

OP,

Given the Short Term outlook for inflation is close to 0 (many are much more concerned about deflation for the next few years!), why Short Term Tips? I must be missing something....

WoodSpinner
by WoodSpinner
Sat Jul 04, 2020 9:04 am
Forum: Investing - Theory, News & General
Topic: The perfect retirement portfolio...
Replies: 29
Views: 4400

Re: The perfect retirement portfolio...

Wrench,

When did you purchase the Deferred annuity?

How much of the payout is return on Principle?

Why do you feel that this meets your Criteria #1?

WoodSpinner
by WoodSpinner
Thu Jul 02, 2020 9:08 am
Forum: Personal Consumer Issues
Topic: Thought about buying a small motor home, but the market is crazy
Replies: 90
Views: 7261

Re: Thought about buying a small motor home, but the market is crazy

Will, It’s a crazy market even before Covid and now it’s a bit insane. I would second the idea of joining FB groups to look at owner’s experiences with different models. Plus you often can find out about potential sales before they hit RV Trader. One aspect that hasn’t been mentioned yet is the insa...
by WoodSpinner
Wed Jul 01, 2020 10:49 pm
Forum: Personal Consumer Issues
Topic: Renting an RV for the first time. Any advice?
Replies: 53
Views: 3495

Re: Renting an RV for the first time. Any advice?

How about this as an alternate plan. Drive your car or whatever vehicle you have. Go wherever you want without having to worry and without hiring a driver. Stay in hotels and air bnb when you want. Reserve an RV in a campground when you want. Yes, that's a thing. Then you don't have to drive a vehi...
by WoodSpinner
Wed Jul 01, 2020 7:49 pm
Forum: Personal Investments
Topic: Retirement Planning and Advice
Replies: 9
Views: 1109

Re: Retirement Planning and Advice

OP, Looks like you are well set for Retirement -- you seem to have plenty. Suggestions: 1. Fine-tune your SS strategy using https://opensocialsecurity.com. You may find that this shifts you're thinking from both spouses waiting till 70 to start collecting. 2. Health Insurance is always worth a 2nd l...
by WoodSpinner
Wed Jul 01, 2020 7:34 pm
Forum: Investing - Theory, News & General
Topic: The perfect retirement portfolio...
Replies: 29
Views: 4400

Re: The perfect retirement portfolio...

So as I approach the magic kingdom, i.e. retirement, I ponder what is the perfect retirement portfolio. Of course, "perfect" is in the eye of the beholder, but for me, it should have the following characteristics more or less in order of importance: 1. Generate real income (i.e. inflation adjusted)...
by WoodSpinner
Wed Jul 01, 2020 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: IRS broadens rollover options for 2020 RMD distributions
Replies: 47
Views: 3150

Re: IRS broadens rollover options for 2020 RMD distributions

All, I read the IRS document and am a bit lost.... In January, I took an RMD payment + a bit extra (about $500) from an Inherited IRA from my Mother. She passed in 2016 and I have been taking RMDs since 2017. Am I correct that I can choose to roll the entire distribution back into the Inherited IRA...
by WoodSpinner
Wed Jul 01, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Confirm FDIC Insurance for Our Trust
Replies: 7
Views: 452

Re: Confirm FDIC Insurance for Our Trust

OP,

You may find this FDIC tool helpful!

https://edie.fdic.gov/

WoodSpinner
by WoodSpinner
Wed Jul 01, 2020 2:58 pm
Forum: Investing - Theory, News & General
Topic: 4% rule - confidence poll
Replies: 457
Views: 27095

Re: 4% rule - confidence poll

High CAPE suggests low SWR. To me this makes sens because earnings are what matters for return. Yes, Kitces has found that the real returns of the first 15 years of retirement have been very strongly correlated with the 30 year SWR (inclusive of those first 15 years). But the real returns of the fi...
by WoodSpinner
Wed Jul 01, 2020 2:20 pm
Forum: Personal Consumer Issues
Topic: Renting an RV for the first time. Any advice?
Replies: 53
Views: 3495

Re: Renting an RV for the first time. Any advice?

OP,

Other’s have chimed in with good advice. A 40’+ Diesel pusher is a whole different beast.

Can you elaborate more on what you want to do and see? Why am RV versus a longer term AirBnB or VRBO rental?

WoodSpinner
by WoodSpinner
Wed Jul 01, 2020 9:05 am
Forum: Personal Consumer Issues
Topic: Renting an RV for the first time. Any advice?
Replies: 53
Views: 3495

Re: Renting an RV for the first time. Any advice?

OP, First, We own and use a Class-B RV built on a Sprinter 3500. It’s about 22 feet long and drives great. That said, it’s wonderful for camping in National/State/County Parks with or without hookups (electric, water, sewer). We almost never spend time in commercial RV parks But that is just our sty...
by WoodSpinner
Wed Jul 01, 2020 8:38 am
Forum: Personal Consumer Issues
Topic: Landlord expectations: Rats in the yard
Replies: 80
Views: 5791

Re: Landlord expectations: Rats in the yard

OP, I suggest you relax and let them be.... as long as they are not in the home. FWIW, it is not legal to trap and relocate wildlife (rats included) in California. WoodSpinner Not rattus rattus ... "According to Section 116125 of the California Health & Safety code, California citizens aren't just ...