Search found 2460 matches

by 22twain
Wed May 20, 2020 4:42 pm
Forum: Personal Consumer Issues
Topic: Car Transport Services
Replies: 9
Views: 582

Re: Car Transport Services

Did you try a forum search? I've never shipped a car myself, but I remember seeing previous discussions about it.
by 22twain
Wed May 20, 2020 4:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 194
Views: 19333

Re: Vanguard High Dividend Yield Index Fund

I'm surprised that no one has yet explicitly compared the total return of Vanguard High Dividend Yield with Vanguard Total Stock Market. Here's a Morningstar growth chart that compares the admiral shares of these two mutual funds (VHYAX and VTSAX). The results should be practically the same for the ...
by 22twain
Wed May 20, 2020 3:34 pm
Forum: Personal Investments
Topic: Really stupid question re: Capital Gains
Replies: 10
Views: 759

Re: Really stupid question re: Capital Gains

Dividends are realized gains, so you pay taxes on them when they happen. If you had them reinvested, that amount is now part of the investment, and will not count again in capital gains when those stocks are sold - only the gain will be taxed. Ok that makes sense, but how can I estimate those? In o...
by 22twain
Wed May 20, 2020 12:12 pm
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 97
Views: 6900

Re: RIP + Freecycle

1. Rip to FLAC. (15 minutes per CD) 2. If you are a nerd, then photograph the CD cover and liner notes. (20 min) 3. If you are a total nerd, then find the lyrics and create a text file for each song. (1+ hour) I guess I'm an uber-nerd because I scan the booklet pages, tweak them in Photoshop, and m...
by 22twain
Mon May 18, 2020 11:46 am
Forum: Personal Investments
Topic: Large inheritance -- looking for advice
Replies: 65
Views: 10075

Re: Large inheritance -- looking for advice

I'd sell ALL the stocks as soon as possible and not attach any sentimental value to them. LOL...you might actually want to look at the stocks prior to selling them "as soon as possible". Look at the date on livesoft's post. :wink: I think it's safe to say that the OP has probably decided what to do...
by 22twain
Sat May 16, 2020 11:57 pm
Forum: Personal Consumer Issues
Topic: June vacation
Replies: 29
Views: 3920

Re: June vacation

What kind of place do you live in now? New York City? Its suburbs? Los Angeles area? A small town in flyover country? How does it compare to Toronto?

Can you even travel to Canada? I thought the border was more or less closed, but I may be mistaken, I'm far from the northern border of the US.
by 22twain
Thu May 14, 2020 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculation question
Replies: 17
Views: 1026

Re: Attn: Social Security Calculation experts!

You can get a table of indexing factors customized for you, here: https://www.ssa.gov/OACT/COLA/awifactors.html Enter the year in which you turned 62 (the first year that you could have claimed SS benefits). For years after the end of the table, use 1.0000000 as the indexing factor. Earnings from ag...
by 22twain
Wed May 13, 2020 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred Compensation Money Gets Taxed
Replies: 46
Views: 2708

Re: Deferred Compensation Money Gets Taxed

\Out of $87.31 taxable income, I was hit with $65.70 tax, which is an effective tax rate of 75%. No amount of rationalizations will make me accept that this is correct or reasonable. You did NOT get hit with $65.70 tax. You got hit with $65.70 tax WITHHOLDING. You'll get most of it back next spring...
by 22twain
Wed May 13, 2020 2:35 pm
Forum: Personal Investments
Topic: Vanguard Wellington Fund vs TIAA-CREF?
Replies: 20
Views: 1908

Re: Vanguard Wellington Fund vs TIAA-CREF?

What other options does your plan offer besides TIAA-CREF and Vanguard Wellington? The "best" choice may be "neither of them."

What is the minimum guaranteed rate on your TIAA Traditional? That might make a difference.
by 22twain
Wed May 13, 2020 2:14 pm
Forum: Investing - Theory, News & General
Topic: Why it’s a good idea to hold long term Treasuries as your emergency fund
Replies: 114
Views: 9400

Re: Why it’s a good idea to hold long term Treasuries as your emergency fund

1789 wrote:
Mon Mar 02, 2020 5:10 pm
Why not keeping cash and EF in a simple MMF?
Too boring, and you don't have all your money working to the max for you. :twisted: :wink:
by 22twain
Tue May 12, 2020 5:50 pm
Forum: Investing - Theory, News & General
Topic: International market recovery
Replies: 146
Views: 9823

Re: International market recovery

rob wrote:
Tue May 12, 2020 2:35 pm
Both sides fermentedly hold that they have the right position....
I wonder if it depends on whether one favors beer, wine, or whisky? :twisted:

(yeah, blame the spell-checker... :) )
by 22twain
Tue May 12, 2020 11:59 am
Forum: Personal Consumer Issues
Topic: How to visit all the US national parks
Replies: 19
Views: 2162

Re: How to visit all the US national parks

And don't forget all those National Monuments and National Historical Sites. And National Historical Parks (larger than National Historical Sites), National Battlefields, National Preserves, National Parkways, etc. List of the United States National Park System official units (Wikipedia) Bunker Hil...
by 22twain
Tue May 12, 2020 7:21 am
Forum: Personal Consumer Issues
Topic: How to visit all the US national parks
Replies: 19
Views: 2162

Re: How to visit all the US national parks

Don't fly. Drive. [...] Should be much easier doing this from California :) Except of course for Everglades, Great Smokies, Shenandoah, Adirondack, Acadia... And don't forget all those National Monuments and National Historical Sites. Probably too many of them to try to do them all, but you can inc...
by 22twain
Tue May 12, 2020 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Deferred Compensation Money Gets Taxed
Replies: 46
Views: 2708

Re: Deferred Compensation Money Gets Taxed

Is it possible they are just withholding the extra $ and it will all even out when you file taxes next year? I didn't consider this, and I should have. Was too focused on the fact that this money should have never been taxed to begin with, and was wondering if I should opt to put any future money i...
by 22twain
Mon May 11, 2020 5:48 pm
Forum: Personal Investments
Topic: ML/AI based withdrawal systems?
Replies: 11
Views: 739

Re: ML/AI based withdrawal systems?

It occurs to me this would be better in the theory forum. Is there some way to move it? Click the "!" button at the top right of the first post in the thread, and report yourself to a moderator. Select "Wrong Forum" in the dropdown menu of reasons, and write a brief explanation. "Oops, mea culpa, g...
by 22twain
Mon May 11, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: At what moment does retirement begin?
Replies: 68
Views: 5878

Re: At what moment does retirement begin?

I retired at the end of a year. Everybody at my college (except essential staff like campus police) went on vacation at the end of the week before Christmas. During that week I took all my personal stuff home, leaving only my computer. At 5pm on Friday, I packed up the computer and locked my office ...
by 22twain
Sun May 10, 2020 1:24 pm
Forum: Personal Consumer Issues
Topic: Kite Recommendations?
Replies: 6
Views: 529

Re: Kite Recommendations?

fareastwarriors wrote:
Sun May 10, 2020 11:42 am
Maybe $30 budget. Is that too low?
Probably too high. You can make your own kite out of a sheet of newspaper, or a paper bag, etc., plus a couple of sticks, some string and glue. Google "how to make a kite" and you'll get lots of instructions.
by 22twain
Sun May 10, 2020 6:20 am
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10044

Re: $2 million dollar house pre requisites

Edge215 wrote:
Sat May 09, 2020 1:40 pm
If someone wanted to buy a $2 million dollar house in a HCOLA
A few months ago you were asking about buying a $1.5 million house.

viewtopic.php?f=2&t=297035

Did you happen to find one for $2 million that you're particularly interested in? 8-)
by 22twain
Sat May 09, 2020 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 10044

Re: $2 million dollar house pre requisites

Edge215 wrote:
Sat May 09, 2020 1:40 pm
If someone wanted to buy
You, or someone you know?
by 22twain
Fri May 08, 2020 1:28 am
Forum: Personal Finance (Not Investing)
Topic: Am I eligible for unemployment?
Replies: 7
Views: 844

Re: Am I eligible for unemployment?

If you can see fit to tell us which state you're in, maybe someone here has experience with that state's unemployment system. Otherwise, try a Google search for "new york unemployment" or "alabama unemployment" or "colorado unemployment" or whichever state fits your situation. State unemployment age...
by 22twain
Thu May 07, 2020 2:18 pm
Forum: Personal Investments
Topic: How does 401K payments/distributions actually work?
Replies: 20
Views: 1457

Re: How does 401K payments/distributions actually work?

rterickson wrote:
Thu May 07, 2020 1:41 pm
mllouay wrote:
Thu May 07, 2020 11:49 am
So if you were to take payments from you tIRA, how would that work?
This will be spelled out in your SPD.
IRAs have SPDs? :shock:
by 22twain
Thu May 07, 2020 1:34 pm
Forum: Personal Investments
Topic: How does 401K payments/distributions actually work?
Replies: 20
Views: 1457

Re: How does 401K payments/distributions actually work?

So if you were to take payments from you tIRA, how would that work? [...] Is it up to you which funds your payments come from? This. You can choose which investments to sell. Your IRA custodian (brokerage or mutual fund company or whatever) might have an option for automatic sales and distributions...
by 22twain
Thu May 07, 2020 11:15 am
Forum: Investing - Theory, News & General
Topic: What are the risks investing in DIV?
Replies: 27
Views: 1041

Re: What are the risks investing in DIV?

Go to the search box at top right of this page and enter "dividends versus total return". This does a Google search that is restricted to this forum. You'll see many discussions on the topic.
by 22twain
Wed May 06, 2020 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Graph of how SS benefits can change with decreases in 2020 national wages for one born in 1960
Replies: 89
Views: 6884

Re: Graph of how SS benefits can change with decreases in 2020 national wages for one born in 1960

ObliviousInvestor wrote:
Tue May 05, 2020 6:55 am
(And from age 62 forward, your PIA is adjusted upward based on price inflation as measured by CPI-W,
which is commonly known as the COLA (Cost of Living Adjustment). The SSA announces it in October, for the following year.

https://www.ssa.gov/cola/
by 22twain
Tue May 05, 2020 10:47 pm
Forum: Personal Investments
Topic: Amount and time needed to retire
Replies: 19
Views: 1863

Re: Amount and time needed to retire

justsomeguy2018 wrote:
Tue May 05, 2020 10:10 pm
live primarily off the dividends/interest and withdrawals
Do you mean "primarily off the dividends/interest plus some withdrawals (selling some shares of stock/bond funds)"? If so, how much is "primarily"? 90%? 75%? 60%?
by 22twain
Tue May 05, 2020 9:45 pm
Forum: Investing - Theory, News & General
Topic: My theory about FIRE
Replies: 419
Views: 31356

Re: My theory about FIRE

Those 403b and 457b plans are available for public school teachers without the match as a voluntary pre-tax or post-tax salary deduction which would be in addition to the mandatory pension deduction that comes out of every paycheck. Those plans are designed to set up an educator for retirement succ...
by 22twain
Mon May 04, 2020 11:03 am
Forum: Personal Investments
Topic: TIAA Cref Accumulation = Lifetime Income?
Replies: 27
Views: 1475

Re: TIAA Cref Accumulation = Lifetime Income?

Secondly our SS situation is according to our SS statement today. Me: $2316 month / $27,792 year Wife: $1536 month / $18,432 I suppose those figures are for claiming benefits at age 67 which is probably your SS "normal retirement age." You should at least consider waiting until age 70, which will i...
by 22twain
Sun May 03, 2020 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me unravel my parents mess
Replies: 55
Views: 6750

Re: Please help me unravel my parents mess

OP, when calculating total annual expenses for the past year if your parents only record in their checkbook the net amount of their paychecks, they also need to take into account any payroll deductions for expenses like healthcare premiums, commuting passes, etc. They also need to take income taxes...
by 22twain
Sun May 03, 2020 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me unravel my parents mess
Replies: 55
Views: 6750

Re: Please help me unravel my parents mess

First, your parents need to spend a year documenting everything they spend. $180k plus the short term teaching result in a boatload of income. But that doesn't mean that they spend $180k a year of $40k a year. We have no idea and likely, neither do they. This can be relatively simple. Every month, ...
by 22twain
Fri May 01, 2020 11:45 pm
Forum: Personal Investments
Topic: Starting life over from scratch at 33
Replies: 32
Views: 6323

Re: Starting life over from scratch at 33

If you want to continue as a teacher in the US, I would try to get settled in a place you are willing to stay as quickly as possible. +1 How did you end up in Georgia when you came back to the US? If you have family and/or friends there, I can appreciate that those connections might pull you strong...
by 22twain
Fri May 01, 2020 11:03 pm
Forum: Investing - Theory, News & General
Topic: Do you keep moving your cash around chasing yield?
Replies: 56
Views: 5557

Re: Do you keep moving your cash around chasing yield?

I'm retired, living off my investments until I finally start Social Security at 70 in a few years. I keep on average about 2%, one year's expenses, in cash (mostly my money market settlement fund) for convenience, so I don't have to sell shares of stock or bond funds too often. It keeps my taxes sim...
by 22twain
Thu Apr 30, 2020 7:55 am
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 25188

Re: IRS Get My Payment up and running

So I got out the checkbook and entered the routing and account numbers from a check. Unfortunately, when I saw the confirmation screen, I realized that I had omitted the last digit of the account number! :oops: It's a "1", so my brain must interpreted it as a vertical-bar divider or something. This...
by 22twain
Wed Apr 29, 2020 11:49 pm
Forum: Personal Investments
Topic: 25 Years Old Trying to Build a Lazy Portfolio
Replies: 31
Views: 2425

Re: 25 Years Old Trying to Build a Lazy Portfolio

Robert20 wrote:
Wed Apr 29, 2020 11:41 pm
10% SPTL
I'm sure a lot of us would prefer that you not spit on us in these times. :shock:

Or make us look up ticker symbols at any time. :wink:
by 22twain
Wed Apr 29, 2020 1:24 am
Forum: Personal Investments
Topic: UC system, pension or traditional 401k?
Replies: 30
Views: 2046

Re: UC system, pension or traditional 401k?

TheDDC wrote:
Tue Apr 28, 2020 10:57 pm
Also, the obligation has nothing to do with being in a "friendly state" or "unfriendly state".
Who said "friendly" or "unfriendly"? I didn't find those words in any other post in this thread.
by 22twain
Mon Apr 27, 2020 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Earnings Record Statement Should Match W-2 Box 1 or Box 3?
Replies: 6
Views: 331

Re: Social Security Earnings Record Statement Should Match W-2 Box 1 or Box 3?

From the horse's mouth, er, keyboard... General Instructions for Forms W-2 and W-3 (2020) Specifically the section that describes box 3 . Box 3—Social security wages. Show the total wages paid (before payroll deductions) subject to employee social security tax but not including social security tips ...
by 22twain
Sat Apr 25, 2020 4:01 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey against index funds?
Replies: 93
Views: 10706

Re: Dave Ramsey against index funds?

That "be average" thing is psychological. Everyone wants to do more... want to 'beat' something... wants to win... wants to be exceptional. As we've seen even here, more and more, over the past year or two. Look at all the discussions of stock-picking, sector-picking, playing games with leveraged E...
by 22twain
Sat Apr 25, 2020 3:44 pm
Forum: Personal Investments
Topic: Pros/Cons of Hiring an Advisor to optimize COVID-recovery
Replies: 19
Views: 1612

Re: Pros/Cons of Hiring an Advisor to optimize COVID-recovery

SS Benefits at ages: 70/66 or 70/70 What percentage of your anticipated expenses will SS cover, if you start at these ages? For example, if it's 50%, then your withdrawal rate from that point on will drop to 1.8-1.9% of your current balance. I think most people here would consider a 3.7% rate for a...
by 22twain
Thu Apr 23, 2020 5:17 pm
Forum: Personal Investments
Topic: Confused
Replies: 59
Views: 6081

Re: Confused

If your username is your real name, I strongly suggest you contact one of the moderators and ask them to change it to something else before you post a lot of personal financial information. [added] OK, a Google search reveals it's likely a madeup name based on a literary reference. 8-) But just in ...
by 22twain
Thu Apr 23, 2020 4:42 pm
Forum: Investing - Theory, News & General
Topic: Who has changed FROM the 3 Fund Portfolio?
Replies: 28
Views: 2227

Re: Who has changed FROM the 3 Fund Portfolio?

From the mid 1980s until about ten years ago, my only investments were in my TIAA 403(b) plan. When I started, my only choices were the bond-like TIAA Traditional account and the CREF Stock account, a 70/30 mixture of domestic and international. I've stuck with only those two even after other choice...
by 22twain
Thu Apr 23, 2020 12:32 pm
Forum: Personal Investments
Topic: Traditional vs Roth Given Current Gov't Spending?
Replies: 4
Views: 506

Re: Traditional vs Roth Given Current Gov't Spending?

fixieclimber wrote:
Thu Apr 23, 2020 11:49 am
someone has got to pay for all that.
I think there is no such thing as a "sure thing" in either politics or economics, let alone the two combined.
by 22twain
Thu Apr 23, 2020 12:01 am
Forum: Personal Investments
Topic: $50K to invest, VTI or QQQ?
Replies: 8
Views: 1690

Re: $50K to invest, VTI or QQQ?

JHU ALmuni wrote:
Wed Apr 22, 2020 1:01 pm
I have about $50K to invest
Context is important. Is this a major part of your investable assets, or is it merely 5%-10% "play money"?
by 22twain
Wed Apr 22, 2020 11:46 pm
Forum: Personal Investments
Topic: TIAA Allocation advice wanted
Replies: 30
Views: 1383

Re: TIAA Allocation advice wanted

If you are trying to transfer money from Traditional, it has to be done over 10 years. This depends on the type of contract. But if you retire, everything is annuitized, and the money would be withdrawn over a longer period of time. At least, that's my understanding of it. Before the year in which ...
by 22twain
Wed Apr 22, 2020 9:20 pm
Forum: Personal Consumer Issues
Topic: Anybody here pay less than $40 a month for home internet and with what company?
Replies: 62
Views: 4414

Re: Anybody here pay less than $40 a month for home internet and with what company?

montanagirl wrote:
Wed Apr 22, 2020 8:42 pm
I figured OP just wants to compare. I'm kinda curious too.
But how is it actionable? Who moves to a new city just for cheaper internet? :shock:
by 22twain
Wed Apr 22, 2020 7:40 am
Forum: Personal Investments
Topic: Retirees: Walk me thru your portfolio drawdown process
Replies: 39
Views: 3762

Re: Retirees: Walk me thru your portfolio drawdown process

I'm still a few years away from collecting Social Security at 70 and taking RMDs from my tax-deferred 403(b) at 72. About once a year, I estimate the dividends that my taxable investment account will produce, sell enough shares so the total including the dividends equals my estimated expenses, and l...
by 22twain
Wed Apr 22, 2020 12:17 am
Forum: Personal Consumer Issues
Topic: Anybody here pay less than $40 a month for home internet and with what company?
Replies: 62
Views: 4414

Re: Anybody here pay less than $40 a month for home internet and with what company?

iamblessed wrote:
Mon Apr 20, 2020 9:37 pm
Home internet under $40?
As multiple people have said, it's all about "location, location, location."

So. where are YOU????
by 22twain
Tue Apr 21, 2020 7:39 am
Forum: Personal Investments
Topic: Mechanics of Holding, but not Using, X-Years of Cash or Bonds?
Replies: 50
Views: 2840

Re: Mechanics of Holding, but not Using, X-Years of Cash or Bonds?

jabberwockOG wrote:
Tue Apr 21, 2020 7:31 am
If the cash cushion is sufficient in size, you then sell equities to replenish the cash cushion when the market comes back up.
Has anyone here carried out this procedure during a previous major downturn, and if so, when did you finally replenish the cash cushion?
by 22twain
Mon Apr 20, 2020 4:09 pm
Forum: Personal Investments
Topic: Confused
Replies: 59
Views: 6081

Re: Confused

If your username is your real name, I strongly suggest you contact one of the moderators and ask them to change it to something else before you post a lot of personal financial information. [added] OK, a Google search reveals it's likely a madeup name based on a literary reference. 8-) But just in c...
by 22twain
Sun Apr 19, 2020 11:08 am
Forum: Personal Investments
Topic: Tax Categories
Replies: 15
Views: 854

Re: Tax Categories

Nit-pick: the standard deduction for 2019 is $12.2K, so your "total" should be $50.3K. This is your taxable income, which is what the tax brackets apply to. Your tax breaks down as: 10% on the first $9,700 = $970 plus 12% on $39,475-$9,700 = $3,573 plus 22% on $50,300-$39,475 = $2,381 total tax = $6...
by 22twain
Fri Apr 17, 2020 5:27 pm
Forum: Personal Investments
Topic: What To Do With Leftover Cash In A Roth IRA?
Replies: 9
Views: 727

Re: What To Do With Leftover Cash In A Roth IRA?

If you leave the leftover cash in your settlement fund, you'll get a little bit of interest on it. Next month it will become part of the funds you have available for that month's purchase of VTI, and you'll end up with a different-sized "cash turd." Over the long run, the turd will average about hal...
by 22twain
Thu Apr 16, 2020 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 25188

Re: IRS Get My Payment up and running

Site is broken when I tried. “Payment status not available” Seems from comments above and on Reddit this is a widespread glitch. No deposit in my account either (have always used DirectPay for taxes owed). I see info in the FAQ about identity verification. It didn’t ask any questions. I have a cred...