Search found 7043 matches

by JBTX
Sun Aug 27, 2017 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate vs stock market returns: some unbiased numbers
Replies: 53
Views: 10462

Re: Real estate vs stock market returns: some unbiased numbers

If I look at my home and look at Zillow monthly rent estimate, that would only clear $300 a month with a 30 year 80% mortgage plus taxes. That $300 would have to cover all other expenses plus any unrented months. That doesn't seem terribly attractive.
by JBTX
Sun Aug 27, 2017 11:04 pm
Forum: Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 4424

Re: Who is doing 50:50 traditional:Roth 401k/TSP

I contribute the minimum amount needed my traditional 403b to achieve my employer's match, and once I hit the maximum match, then switch my contributions to Roth 403b to max out at $18K. My employer won't provide any matching contributions if I contribute to the Roth 403b (I have no idea why), so t...
by JBTX
Sun Aug 27, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate vs stock market returns: some unbiased numbers
Replies: 53
Views: 10462

Re: Real estate vs stock market returns: some unbiased numbers

I can't attest to the accuracy of the real estate numbers but I have no reason to disbelieve them either. The fact that the leveraged scenario breaks even is probably pretty realistic. I've thought about owning property but never seriously. It would be nice to have a supplemental income source. My l...
by JBTX
Sun Aug 27, 2017 8:39 pm
Forum: Personal Consumer Issues
Topic: Stay or not - natural disaster
Replies: 16
Views: 2343

Re: Stay or not - natural disaster

I lived in the Miami area during Andrew. I went about an hours north out of harms way. Having seen he devastation when I came back glad I did. I had friends stayed huddled up in bathroom and watched their roof blow off. I guess that is worth some entertainment value. Chances are you will survive if ...
by JBTX
Sun Aug 27, 2017 8:14 pm
Forum: Personal Investments
Topic: Transitioning management of investments as cognitive ability declines
Replies: 46
Views: 5162

Re: Transitioning management of investments as cognitive ability declines

Can you get an inflation adjusted SPIA? It sounds like they exist but when i google them there isn't a lot of specific information on them out there. On a couple of articles I read on them the returns are very low, something like 3.5 % give or take. Try running some quotes on immediateannuities.com...
by JBTX
Sun Aug 27, 2017 8:09 pm
Forum: Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 4424

Re: Who is doing 50:50 traditional:Roth 401k/TSP

Seems like lots of people on here say to max out pretax/ tradtional for anybody with substantial savings but i posted my information in here and based on those assumptions, including taxability of social security, my marginal rate in retirement according to one of the wonks in here using one of the...
by JBTX
Sun Aug 27, 2017 8:05 pm
Forum: Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 4424

Re: Who is doing 50:50 traditional:Roth 401k/TSP

The benefit of tax diversification in your retirement accounts is only realized when you make the withdrawals; you don't need to diversify each year. It makes sense to use the Roth in those years you have a lower marginal tax rate. For example, if you have $7200 to contribute out of pocket both thi...
by JBTX
Sun Aug 27, 2017 7:49 pm
Forum: Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 4424

Re: Who is doing 50:50 traditional:Roth 401k/TSP

Seems like lots of people on here say to max out pretax/ tradtional for anybody with substantial savings but i posted my information in here and based on those assumptions, including taxability of social security, my marginal rate in retirement according to one of the wonks in here using one of the...
by JBTX
Sun Aug 27, 2017 7:27 pm
Forum: Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 4424

Re: Who is doing 50:50 traditional:Roth 401k/TSP

The benefit of tax diversification in your retirement accounts is only realized when you make the withdrawals; you don't need to diversify each year. It makes sense to use the Roth in those years you have a lower marginal tax rate. For example, if you have $7200 to contribute out of pocket both thi...
by JBTX
Sun Aug 27, 2017 7:10 pm
Forum: Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 4424

Re: Who is doing 50:50 traditional:Roth 401k/TSP

Seems like lots of people on here say to max out pretax/ tradtional for anybody with substantial savings but i posted my information in here and based on those assumptions, including taxability of social security, my marginal rate in retirement according to one of the wonks in here using one of the...
by JBTX
Sun Aug 27, 2017 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"
Replies: 119
Views: 19608

Re: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"

Here's what's missing: behavior. There was a 2008 article, somewhere, where Mr. Bengen panic-sold his own and client portfolios, due to the fear that "this time is different". There never was a follow up article as to when he got back in, etc. He sold all stocks. The article is gone and &...
by JBTX
Sun Aug 27, 2017 3:51 pm
Forum: Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 4424

Re: Who is doing 50:50 traditional:Roth 401k/TSP

I would suggest that those who make these strong recommendations without having running the numbers themselves scale back their enthusiasm for any particular strategy. In my case I like the diversified approach and I think the OP is perfectly reasonable to pursue such approach. Remember that at OP'...
by JBTX
Sun Aug 27, 2017 3:50 pm
Forum: Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 4424

Re: Who is doing 50:50 traditional:Roth 401k/TSP

Seems like lots of people on here say to max out pretax/ tradtional for anybody with substantial savings but i posted my information in here and based on those assumptions, including taxability of social security, my marginal rate in retirement according to one of the wonks in here using one of the...
by JBTX
Sun Aug 27, 2017 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"
Replies: 119
Views: 19608

Re: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"

I was mainly just trying to stress that there was another well respected researcher who implied sub 3% withdrawal rates, regardless of age, are overkill (which for some reason I get irrationally riled up about whenever I see them discussed here). I think that it is reasonably easy to talk about liv...
by JBTX
Sun Aug 27, 2017 2:09 pm
Forum: Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 4424

Re: Who is doing 50:50 traditional:Roth 401k/TSP

Who is doing 50%-50% traditional-Roth 401k or TSP, and what is your reasoning? Do you think it is a good idea for possible diversification and not exactly knowing what tax bracket you'll be in. It seems like having too many different 401k buckets and too many different 401ks may prove too complicat...
by JBTX
Sun Aug 27, 2017 1:59 pm
Forum: Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 4424

Re: Who is doing 50:50 traditional:Roth 401k/TSP

I contribute the minimum amount needed my traditional 403b to achieve my employer's match, and once I hit the maximum match, then switch my contributions to Roth 403b to max out at $18K. My employer won't provide any matching contributions if I contribute to the Roth 403b (I have no idea why), so t...
by JBTX
Sun Aug 27, 2017 1:17 pm
Forum: Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 4424

Re: Who is doing 50:50 traditional:Roth 401k/TSP

I contribute the minimum amount needed my traditional 403b to achieve my employer's match, and once I hit the maximum match, then switch my contributions to Roth 403b to max out at $18K. My employer won't provide any matching contributions if I contribute to the Roth 403b (I have no idea why), so t...
by JBTX
Sun Aug 27, 2017 1:13 pm
Forum: Personal Consumer Issues
Topic: on track, but what about black swans
Replies: 34
Views: 3516

Re: on track, but what about black swans

I am on track for retirement, provided I achieve a 4.5% annual return averaged over the next 10 years, with a 60/40 S/B asset allocation, and if I contribute to my 401k as I have been. My FIRE calculation states I will be 100% with no failure rate after these 10 years. So this seems reasonable. (ho...
by JBTX
Sun Aug 27, 2017 1:04 pm
Forum: Personal Investments
Topic: Schwab advice: 1 yr expenses cash + 2-4 yr ST bond
Replies: 7
Views: 1231

Re: Schwab advice: 1 yr expenses cash + 2-4 yr ST bond

Here is a paste from the August 2017 edition of Schwab's On Investing magazine. The context is to avoid having to sell assets in a downturn when in retirement. Adjust your allocation: Consider moving a portion of your assets into investments that can help weather market disruptions. We suggest that...
by JBTX
Sun Aug 27, 2017 2:11 am
Forum: Personal Finance (Not Investing)
Topic: All areas will have Obamacare plan in 2018
Replies: 14
Views: 2423

Re: All areas will have Obamacare plan in 2018

I offer (and pay for most of) my employees medial insurance. Over many years and tragic personal anecdotes, I have become aware of the need for access to a wide pool of doctors and a wide selection of expert hospitals. These limited doctor plans (Obama Care) may very well work for routine and preve...
by JBTX
Sun Aug 27, 2017 1:52 am
Forum: Personal Investments
Topic: How EXACTLY does investing work? PROs needed.
Replies: 5
Views: 1133

Re: How EXACTLY does investing work? PROs needed.

Currently 25 y/o. I currently have about 740 shares of Vanguard VFFVX (Vanguard Target Retirement 2055 Fund Investor Shares) and the price is $37 as of today in my Roth IRA. If I never buy more shares, will I always have 740 shares of VFFVX? Most likely you will end up with more shares. Most mutual...
by JBTX
Sun Aug 27, 2017 1:26 am
Forum: Personal Investments
Topic: Schwab advice: 1 yr expenses cash + 2-4 yr ST bond
Replies: 7
Views: 1231

Re: Schwab advice: 1 yr expenses cash + 2-4 yr ST bond

Here is a paste from the August 2017 edition of Schwab's On Investing magazine. The context is to avoid having to sell assets in a downturn when in retirement. Adjust your allocation: Consider moving a portion of your assets into investments that can help weather market disruptions. We suggest that...
by JBTX
Sun Aug 27, 2017 12:33 am
Forum: Personal Investments
Topic: Help Me Plan My Retirement
Replies: 14
Views: 2720

Re: Help Me Plan My Retirement

Thanks for all the reply. I have another question. How should I allocate? by Assets allocation or location allocation. How is it different? Is one way better than the other. How should i diversify? Should I put all bonds in IRA/401k and all Stocks in ROTH. What is the best strategy. As to the earli...
by JBTX
Sun Aug 27, 2017 12:17 am
Forum: Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 4424

Re: Who is doing 50:50 traditional:Roth 401k/TSP

Overall I have built up a decent amount in retirement accounts and it is roughly 60/40 Traditional to Roth. My self employed 401k is Roth but the employer contribution is traditional. My rationale for having both is mainly diversification. I can't predict what my exact situation will be and I certai...
by JBTX
Sun Aug 27, 2017 12:05 am
Forum: Personal Consumer Issues
Topic: Best place to get eyeglasses / no vision insurance
Replies: 94
Views: 32955

Re: Best place to get eyeglasses / no vision insurance

Wow I really need to look into Costco next time around. Last time at my optometrist my total bill was around $800, the exam (which is mostly covered) plus frames plus lenses. I usually upgrade to thinner lens and also get progressives add UV 400 and transitions. I think the frames were around $170 s...
by JBTX
Sat Aug 26, 2017 10:15 pm
Forum: Personal Consumer Issues
Topic: mold problem in bathroom --advice?
Replies: 18
Views: 2693

Re: mold problem in bathroom --advice?

As to bleach being ineffective on penetrating mold

https://cleaningallstars.com/the-truth- ... s-vinegar/
by JBTX
Sat Aug 26, 2017 10:12 pm
Forum: Personal Consumer Issues
Topic: mold problem in bathroom --advice?
Replies: 18
Views: 2693

Re: mold problem in bathroom --advice?

You might try something like this http://www.wetandforget.com I have used it on a composite outdoor deck. It is designed to penetrate the fibers and kill and prevent future mold over time. I would say it works ok. I didn't wipe out all the mold, but it did seem to lighten it some over time and has k...
by JBTX
Sat Aug 26, 2017 9:52 pm
Forum: Personal Investments
Topic: Transitioning management of investments as cognitive ability declines
Replies: 46
Views: 5162

Re: Transitioning management of investments as cognitive ability declines

Can you get an inflation adjusted SPIA? It sounds like they exist but when i google them there isn't a lot of specific information on them out there. On a couple of articles I read on them the returns are very low, something like 3.5 % give or take.
by JBTX
Sat Aug 26, 2017 9:20 pm
Forum: Personal Consumer Issues
Topic: Bosch dishwasher?
Replies: 92
Views: 10976

Re: Bosch dishwasher?

Be prepared that most new dishwashers don't have a drying element. That saves energy and is safer but your plastic dishes don't get completely dry. I didn't realize until we just installed our new washer. We just got a frigidaire that was bundled with all the other frigidaire kitchen appliances. I h...
by JBTX
Sat Aug 26, 2017 9:14 pm
Forum: Personal Consumer Issues
Topic: mold problem in bathroom --advice?
Replies: 18
Views: 2693

Re: mold problem in bathroom --advice?

From what I understand bleach doesn't really get at mold except for what is on surface. It just tends to discolor it. You need something that penetrates to actually kill it. I have found daily clean shower products that you spray on right after finishing your shower to do a good job at keeping showe...
by JBTX
Sat Aug 26, 2017 9:02 pm
Forum: Personal Investments
Topic: Move Fidelity ROTH to Vanguard?
Replies: 15
Views: 2457

Re: Move Fidelity ROTH to Vanguard?

While I fully endorse indexing over active funds contrafund and puritan have pretty much matched or slightly edged their index benchmarks. Over 10 years $10000 in puritan has gained only $200 less than vanguard balanced admiral and has beat vanguard balanced admiral over last 5 by small margin. Cont...
by JBTX
Sat Aug 26, 2017 8:35 pm
Forum: Personal Investments
Topic: Debt payoff vs retirement savings
Replies: 32
Views: 3239

Re: Debt payoff vs retirement savings

While I totally agree the tax deferred option is better than paying off a 3.25% debt, your comparison is apples to oranges. The 28% is a one time deferral which you will have to pay back decades later at tax rates that may be lower or higher. The 3.25% is a permanent savings. A Roth is also much be...
by JBTX
Sat Aug 26, 2017 5:42 pm
Forum: Personal Investments
Topic: 401K Post Tax or Taxable Investment
Replies: 12
Views: 1308

Re: 401K Post Tax or Taxable Investment

Since you are 3 to 5 years from retirement, it may still be a good idea to send the money to the after tax account. https://thefinancebuff.com/after-tax-401k-to-roth-no-in-service-distribution.html In your situation, I think I would do it because you have plenty of money in taxable and apparently h...
by JBTX
Sat Aug 26, 2017 5:31 pm
Forum: Personal Investments
Topic: Debt payoff vs retirement savings
Replies: 32
Views: 3239

Re: Debt payoff vs retirement savings

Folks, I do not get it. Why would OP choose to pay 28% tax in order to save 3.25% interest? 28% is bigger than 3.25%. Especially with the government 457(B). Can OP leave his money in the 457(B) even separated? If yes, it looks close to a no-brainer. KlangFool Can you explain what you mean? I am int...
by JBTX
Sat Aug 26, 2017 4:45 pm
Forum: Personal Consumer Issues
Topic: Desperate to get rid of mosquitoes, what else could we try?
Replies: 62
Views: 7942

Re: Desperate to get rid of mosquitoes, what else could we try?

Lots of good advice here but nothing is foolproof. - get rid of any standing water. Go to the neighbor and tell your issue and see if he cooperates. If not agree call the local public health or applicable agency. -Pay attention to gutters that they empty and aren't blocked - get rid of as much groun...
by JBTX
Sat Aug 26, 2017 4:34 pm
Forum: Personal Consumer Issues
Topic: Desperate to get rid of mosquitoes, what else could we try?
Replies: 62
Views: 7942

Re: Desperate to get rid of mosquitoes, what else could we try?

I have friends who have set up an oscillating fan on their patio. They cited a piece in the NY Times some that said mosquitos are very weak flyers and will not get at you if there is a fan blowing. I've not tried this myself but have been meaning to. We do that. One high and one on the deck blowing...
by JBTX
Sat Aug 26, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 3280

Re: IRS CP2000 Tax Bill Letter - Please Help

I've had a tax issue with the IRS which stated I owed them $2600. I replied with a simple letter I typed up myself and they accepted my response :sharebeer and changed the balance due to 0.00 It was well worth the time it took to write the letter. I called my tax guy, who said I was SOL. I've found...
by JBTX
Sat Aug 26, 2017 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 168
Views: 24027

Re: What should the savings be for an average professional

It just dawned on me that one reason engineers do so well in retirement planning (wealth accumulation) is that their salaries start low, and progress relatively rapidly. Does that allow them to follow the advice of starting their lifestyle on the lower side, and increasing their savings rate as the...
by JBTX
Sat Aug 26, 2017 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 168
Views: 24027

Re: What should the savings be for an average professional

It just dawned on me that one reason engineers do so well in retirement planning (wealth accumulation) is that their salaries start low, and progress relatively rapidly. Does that allow them to follow the advice of starting their lifestyle on the lower side, and increasing their savings rate as the...
by JBTX
Fri Aug 25, 2017 7:16 pm
Forum: Personal Investments
Topic: Debt payoff vs retirement savings
Replies: 32
Views: 3239

Re: Debt payoff vs retirement savings

A classic question - money is limited, what should priorities be? I am moderately debt averse, and had been in the mindset to pay off my student loans as quickly as possible (especially when they were 6.8%), but now that I've lowered the rate I'm rethinking what my priorities should be. Emergency f...
by JBTX
Fri Aug 25, 2017 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Is Geico a bait and switcher?
Replies: 32
Views: 14781

Re: Is Geico a bait and switcher?

I signed up with GEICO several years ago, and our premiums have gone up almost 50% since then. Some of that was our fault, but much of it was across the board rate increases.
by JBTX
Fri Aug 25, 2017 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 3280

Re: IRS CP2000 Tax Bill Letter - Please Help

Its been a while, but my recollection was you had to roll a traditional 401K into a Traditional IRA first, then roll the traditional IRA into a Roth IRA. I didn't think you could roll it directly into a Roth IRA. Perhaps that is the way Vanguard did it, but I wouldn't assume anything. You may have ...
by JBTX
Fri Aug 25, 2017 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 3280

Re: IRS CP2000 Tax Bill Letter - Please Help

Its been a while, but my recollection was you had to roll a traditional 401K into a Traditional IRA first, then roll the traditional IRA into a Roth IRA. I didn't think you could roll it directly into a Roth IRA. Perhaps that is the way Vanguard did it, but I wouldn't assume anything. You may have a...
by JBTX
Fri Aug 25, 2017 5:31 pm
Forum: Personal Investments
Topic: Is anybody using BND as a way to park cash?
Replies: 23
Views: 3808

Re: Is anybody using BND as a way to park cash?

I have some reserves in a money market bank account which these days pays almost nothing. I don't have anything set up that automatically add funds to my portfolio, I kinda like to save some money ($50-100k) and then invest. I was thinking about this and I was wondering if anybody here is using BND...
by JBTX
Fri Aug 25, 2017 5:17 pm
Forum: Personal Investments
Topic: Dan Wiener Independent Advisor for Vanguard Investors
Replies: 45
Views: 18578

Re: Dan Wiener Independent Advisor for Vanguard Investors

I think the life strategy funds use the underlying expense ratios of the funds. Maybe not admiral ER.
by JBTX
Fri Aug 25, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Should I abandon airline credit cards for cash back?
Replies: 34
Views: 4194

Re: Should I abandon airline credit cards for cash back?

I'm with the OP. The value airline miles are diminishing. It seems like on a practical level they are worth a penny a point. Availability of lowest point fares is always low and typically makes them practically unusable plus now there are copays-fees even when you do use the miles. I am sure if you ...
by JBTX
Fri Aug 25, 2017 1:44 pm
Forum: Personal Consumer Issues
Topic: Storing a push lawn mower
Replies: 21
Views: 3769

Re: Storing a push lawn mower

Any ideas on a compact way of storing a lawnmower and some small tools for lawn work. Property is small and do not want a shed. Wife says garage smells of gasoline when it is in there. I currently have it under the deck with a tarp over it. Trying to clean up the area under the deck and not use for...
by JBTX
Fri Aug 25, 2017 1:27 pm
Forum: Personal Investments
Topic: Dan Wiener Independent Advisor for Vanguard Investors
Replies: 45
Views: 18578

Re: Dan Wiener Independent Advisor for Vanguard Investors

Here's the latest: madsinger monthly report (October 2013) I extracted his opinion of the Three-fund portfolio (which I like): Subject: madsinger monthly report (October 2013) ... If a 3-fund portfolio matches your willingness, need and ability to take risk, then there is nothing wrong with it. The...
by JBTX
Fri Aug 25, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One Credit Cards - Disaster
Replies: 42
Views: 6971

Re: Capital One Credit Cards - Disaster

Typically if you've missed a payment and that has never happened before you can call and they will override and not report it. A couple of times years ago I missed a payment due to oversight or some other snafu and called and they made an exception.
by JBTX
Fri Aug 25, 2017 9:16 am
Forum: Personal Investments
Topic: Should I sell and reinvest Roth IRA funds in SEP-IRA?
Replies: 29
Views: 2256

Re: Should I sell and reinvest Roth IRA funds in SEP-IRA?

While I think the 3 fund idea is a very good framework, especially for someone starting out, and is as good as any other approach, I am always amazed to see people want to turn otherwise very reasonable portfolios upside down to convert to three fund. It isn't the end all be all.