Search found 398 matches

by jjunk
Thu Jul 25, 2019 6:08 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3271

Re: Early retirement - when to start thinking about less equity?

How about a different job/career? When you are ahead of the game, you have options. You don't need to save as much or work as much or take as much stock risk. Dying is a retirement killer. I moved out of a higher stress career to a lower stress career. Lost some stock options. $10k less salary. Not...
by jjunk
Thu Jul 25, 2019 6:04 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3271

Re: Early retirement - when to start thinking about less equity?

Trying to get control of healthcare costs is one of the most debated topics in America right now. Generally, many would acknowledge that trying to predict out-of-pocket healthcare expenses in this turbulent environment is not possible. The one thing that most experts would agree on is that the vola...
by jjunk
Thu Jul 25, 2019 3:28 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3271

Re: Early retirement - when to start thinking about less equity?

The numbers say your chances of portfolio survival are better with higher stock allocation the earlier your retirement. A high bond allocation subjects you to inflation risk. The best protection against both inflation and market risk is low withdrawal rate. If you can get your withdrawal rate to 3%...
by jjunk
Thu Jul 25, 2019 3:24 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3271

Re: Early retirement - when to start thinking about less equity?

my current holdings would give me a 4% SWR which easily pays all of my required and discretionary spending. I'd like that to be closer to a 3.5% SWR for the added safety and buffer. 4% SWR is based on a 30-year retirement, and still fails 1 in 20 times in Monte Carlo tests. You need to be thinking ...
by jjunk
Thu Jul 25, 2019 2:48 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3271

Early retirement - when to start thinking about less equity?

I'm 45, almost 46 and have been bouncing around the idea of retiring on and off for a while now. As I've done so, the two largest questions I keep coming back to are: 1. How much is healthcare going to cost me pre-Medicare? 2. When do I start getting more conservative with my AA, especially towards ...
by jjunk
Tue Jul 23, 2019 9:19 am
Forum: Personal Consumer Issues
Topic: What companies provide the best customer service
Replies: 58
Views: 4780

Re: What companies provide the best customer service

I can't agree with the Amazon suggestions. Yeah, it's great they will refund or replace almost anything with few questions asked, however their entire retail business model has gotten purposefully so sloppy that something like 20% of things we buy from them are counterfeit, damaged or otherwise not...
by jjunk
Tue Jul 09, 2019 11:15 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6275
Views: 1424891

Re: What Movie Have You Recently Watched?

Spiderman: Far From Home - loved it but I'm an MCU and Spiderman homer so it wasnt shocking. Really looking forward to what they do with this iteration of Spiderman Toy Story 4 - it didnt do it for me or my wife. We absolutely loved the first three movies and were genuinely excited to see this one s...
by jjunk
Fri Jun 21, 2019 6:36 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 3098

Re: Best fixed income instrument for 150K in taxable acct


Could you invest it according to your asset allocation and would the resulting dividend income fund retirement?
Yes, if I put this into FXNAX it would be inline with my AA and any dividends it produces would be to fund retirement expenses.
by jjunk
Fri Jun 21, 2019 6:01 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 3098

Re: Best fixed income instrument for 150K in taxable acct

The 30 day yield on FXNAX is sitting ~2.79% right now. Can you help me understand what you mean by saying FXNAX earns close to nothing? Seems like it would be better than cash unless you're saying you think it would be best not to take the duration risk for 70bp. Better suggestion - create a 3 year...
by jjunk
Fri Jun 21, 2019 5:08 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 3098

Re: Best fixed income instrument for 150K in taxable acct

The 30 day yield on FXNAX is sitting ~2.79% right now. Can you help me understand what you mean by saying FXNAX earns close to nothing? Seems like it would be better than cash unless you're saying you think it would be best not to take the duration risk for 70bp. jjunk, <<30-Day Yield 3 2.79% 5/31/...
by jjunk
Fri Jun 21, 2019 5:00 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 3098

Re: Best fixed income instrument for 150K in taxable acct

The 30 day yield on FXNAX is sitting ~2.79% right now. Can you help me understand what you mean by saying FXNAX earns close to nothing? Seems like it would be better than cash unless you're saying you think it would be best not to take the duration risk for 70bp.
by jjunk
Fri Jun 21, 2019 4:32 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 3098

Re: Best fixed income instrument for 150K in taxable acct

I think the point KlangFool is trying to make is, are you not allocating this money according to your asset allocation? If not, what's going to happen in 3 years if you do retire? Will you withdraw another 3 years of expenses at once and put that in fixed income? (Most people withdraw when they nee...
by jjunk
Fri Jun 21, 2019 12:21 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 3098

Best fixed income instrument for 150K in taxable acct

I have 150K I need to allocate to fixed income. I hold a very simple two fund portfolio of S&P500 (IVV) and Intermediate Bonds (FXNAX). Normally, this would be an easy decision for me and I'd just drop it into FXNAX and forget about it. However, there's a non-zero chance I might retire in Sept/O...
by jjunk
Sun Jun 16, 2019 4:25 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 16670

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Congrats on the R8. I didnt read through this entire thread so I dont know if the car was ever thrown out there, but if you wanted something unique that isnt going to cost millions of dollars, get a Singer Porsche. You'll have to wait several years to get one but you're basically assured of getting ...
by jjunk
Mon May 06, 2019 6:15 pm
Forum: Personal Investments
Topic: Mega Backdoor Roth vs. EF/Taxable
Replies: 11
Views: 1388

Re: Mega Backdoor Roth vs. EF/Taxable

OOC how do people feel about this (AT 401K vs. taxable) if you're 45 and 4-5yrs from fully retiring? I've been betting that the money in taxable is the better choice since I'll need it to get to 59.5++ but maybe I'm wrong?
by jjunk
Fri Apr 26, 2019 1:14 pm
Forum: Investing - Theory, News & General
Topic: Tax gain harvesting question
Replies: 5
Views: 429

Re: Tax gain harvesting question

@megabad I see, thanks for the additional info. I will "hopefully" have SS at some point in retirement (I'm only 45 atm) but its not something I've spent much time worrying about aside from knowing what my estimated benefits are. My assumption was that by the time any funds hit there, it w...
by jjunk
Fri Apr 26, 2019 11:00 am
Forum: Investing - Theory, News & General
Topic: Tax gain harvesting question
Replies: 5
Views: 429

Re: Tax gain harvesting question

Your annual expenses may not have any bearing on what your income and tax bracket are in retirement so be careful using that assumption. In your case, since you don't need the money, if you want to leave to heirs, I would think it would be most beneficial to deduct your carryover losses from income...
by jjunk
Fri Apr 26, 2019 9:58 am
Forum: Investing - Theory, News & General
Topic: Tax gain harvesting question
Replies: 5
Views: 429

Tax gain harvesting question

I currently have ~47K in short term losses and ~5K in long term losses booked in my taxable account. Originally, I'd been planning on using these in retirement to offset capital gains. Given that my annual expenses in retirement are likely to be in the 60-70K/yr range, after using dividends to cover...
by jjunk
Thu Apr 25, 2019 3:21 pm
Forum: Personal Investments
Topic: Capital Loss Carryover Question
Replies: 6
Views: 746

Re: Capital Loss Carryover Question

Capital Losses have to be used first for off-setting CGs, even if those gains are taxed at 0%. Any remaining can be used first to off-set 3000 income, then used in the future the same way. Question on this point. Say I have 50K in a mix of short and long term losses that I've been carrying over for...
by jjunk
Wed Apr 17, 2019 1:35 pm
Forum: Personal Consumer Issues
Topic: I give up on discount movie apps....
Replies: 11
Views: 1373

Re: I give up on discount movie apps....

If you have an AMC near you, their program is excellent. It costs 22-25/mo depending on your location and you can see up to 3 movies a week, including all special formats (3D, IMAX, Dolby, etc). They also give you points in their own rewards system and the monthly fee generates a $5 reward every few...
by jjunk
Wed Apr 17, 2019 1:29 pm
Forum: Investing - Theory, News & General
Topic: Five Year TIPs Auction
Replies: 3
Views: 507

Re: Five Year TIPs Auction

TIPS Watch did a good write up of the offering here: https://seekingalpha.com/article/425434 ... acceptable
by jjunk
Mon Apr 08, 2019 4:25 pm
Forum: Personal Investments
Topic: How far from retirement should you start adjusting asset allocation?
Replies: 14
Views: 1460

Re: How far from retirement should you start adjusting asset allocation?

I think the "early retirement" part here might be being overlooked. You're basically in the exact same situation my wife and I project being in ~10 years and I've recently been thinking and reading up quite a bit on adjustments that need to be made from conventional retirement rules of th...
by jjunk
Mon Apr 08, 2019 4:22 pm
Forum: Personal Investments
Topic: How far from retirement should you start adjusting asset allocation?
Replies: 14
Views: 1460

Re: How far from retirement should you start adjusting asset allocation?

It depends. Good work on the $. What are your expenses? How will you fund health insurance? I recall longer retirements require larger stock allocations to capture growth. One of us is less than a year from retiring, the other could quit though emotional comfort and insurance will keep one of us wo...
by jjunk
Mon Apr 08, 2019 1:44 pm
Forum: Personal Investments
Topic: How far from retirement should you start adjusting asset allocation?
Replies: 14
Views: 1460

Re: How far from retirement should you start adjusting asset allocation?

I'm 45, my DW is 44. We have no kids and are not home owners. Our current net worth is in the low 2M range. We would like to retire early, within the next 1-5yrs and I've been considering a change to our asset allocation from 70/30 to 60/40. So, start with the knowledge that the difference between ...
by jjunk
Mon Apr 08, 2019 1:27 pm
Forum: Personal Investments
Topic: How far from retirement should you start adjusting asset allocation?
Replies: 14
Views: 1460

Re: How far from retirement should you start adjusting asset allocation?

I see Roth space being wasted for bonds, should be 100% stocks. Better than holding stock funds in taxable since no cap gains taxes or qualified / non qualified dividends to worry about. Shift some of the taxable money to bond like instruments, not necessarily bonds themselves. CDs, money market, e...
by jjunk
Mon Apr 08, 2019 1:25 pm
Forum: Personal Investments
Topic: How far from retirement should you start adjusting asset allocation?
Replies: 14
Views: 1460

Re: How far from retirement should you start adjusting asset allocation?

The option of buying bonds in taxable would allow you to shift your allocation without having to liquidate anything. If you share your income tax brackets and what state you live in you will probably get very helpful advice on which bonds in taxable would be the best fit for you. Thanks. I'm in WA ...
by jjunk
Mon Apr 08, 2019 11:53 am
Forum: Personal Investments
Topic: How far from retirement should you start adjusting asset allocation?
Replies: 14
Views: 1460

How far from retirement should you start adjusting asset allocation?

I'm 45, my DW is 44. We have no kids and are not home owners. Our current net worth is in the low 2M range. We would like to retire early, within the next 1-5yrs and I've been considering a change to our asset allocation from 70/30 to 60/40. We do not have any family to leave a legacy to, so its fin...
by jjunk
Wed Mar 27, 2019 3:52 pm
Forum: Investing - Theory, News & General
Topic: Help me with my retirement math
Replies: 7
Views: 812

Re: Help me with my retirement math

given 2.2M and ~72K in annual expenses on a 70/30 portfolio, would it last for 40yrs without running out of money. Have you tried FIRECalc ? I plugged in your numbers and it finds 100% success (barely). Default portfolio is 75% stock, which you can change on the "Your Portfolio" tab. Pres...
by jjunk
Wed Mar 27, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: Help me with my retirement math
Replies: 7
Views: 812

Re: Help me with my retirement math

I'm not sure I completely understand your question, but I wanted to make sure you understood how the 4% rule works as it wasn't clear to me from your question. It isn't 4% of your portfolio every year. It says to withdraw 4% of your portfolio the first year of your retirement, then increase the amo...
by jjunk
Wed Mar 27, 2019 2:17 pm
Forum: Investing - Theory, News & General
Topic: Help me with my retirement math
Replies: 7
Views: 812

Re: Help me with my retirement math

I think I'm approaching this the wrong way and thats my problem. I'm trying to find the right number which represents a SWR over a 40yr time which leaves around $0 but doesnt completely run out of money before then. Portfolio Charts has already given me that number, which is 3.8%/3.2%. Given I want ...
by jjunk
Wed Mar 27, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: Help me with my retirement math
Replies: 7
Views: 812

Help me with my retirement math

I'm sure this is something simple and that I've mentally manipulated myself into a position where I'm missing it, so I'm asking for help. My DW and I have been talking about what our "number" needs to be to properly retire. Most of my past readings on the topic suggest starting with 25x an...
by jjunk
Sun Jan 13, 2019 8:55 pm
Forum: Personal Consumer Issues
Topic: MMORPG games
Replies: 63
Views: 6603

Re: MMORPG games


www.project1999.com


Pulled me back in a few years ago. If you want to re-create the old times it was great, but realized I had to stop before the addiction set in.
This may have just ruined my life.....thank you! :happy
by jjunk
Sun Jan 13, 2019 1:10 am
Forum: Personal Consumer Issues
Topic: MMORPG games
Replies: 63
Views: 6603

Re: MMORPG games

I really miss EQ now that people have brought it up a couple of times, nothing like going on a corpse run in the early hours of the morning before work. I was in my early 20s when that came out and it consumed my life. I was in a "server first" guild in EQ and played from release through G...
by jjunk
Fri Oct 12, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 3606

Re: Pacific Northwest trip

I moved to PacNW from the Midwest six years ago, and while I do have my reservations about continuing to live here I can say that I remain in awe of its beauty. OOC, what dont you like about the PNW? There are a number of things but I’m not sure it is a good idea to go into them here. I only have m...
by jjunk
Fri Oct 12, 2018 2:04 pm
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 3606

Re: Pacific Northwest trip

MJW wrote: Fri Oct 12, 2018 1:22 pmI moved to PacNW from the Midwest six years ago, and while I do have my reservations about continuing to live here I can say that I remain in awe of its beauty.
OOC, what dont you like about the PNW?
by jjunk
Mon Oct 01, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone want to share their monthly budget? Here's ours
Replies: 153
Views: 35572

Re: Anyone want to share their monthly budget? Here's ours

I'm now super depressed at what we spend for rent after seeing this thread. We're a married couple, single earner making 185K gross in Seattle. Our avg monthly expenses right now are $5,250/mo all in, $3,000/mo of that is rent. Remainder covers all necessities as well as any discretionary. Rent incr...
by jjunk
Thu Apr 12, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 484
Views: 92017

Re: 2-year CDs at Vanguard and Fidelity Today

Question for the experts. I have my 401k and RIRAs all sitting in FSITX (Fidelity Total Intermediate Bond). It currently has a 30d yield of 2.96% and a duration of close to six years. I was thinking about moving all of it into 2yr/3yr CDs. I'd lose ~30bps across the transaction but lower my duratio...
by jjunk
Tue Apr 10, 2018 3:20 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 484
Views: 92017

Re: 2-year CDs at Vanguard and Fidelity Today

Thanks, I'll have to look into how I'd split it up. I chose FSITX as the 'intermediate' choice when we first built out our three fund portfolio. You're right, I havent really looked into anything else shorter duration in the fund market to see whats there. We recently bought a ladder in our taxable ...
by jjunk
Tue Apr 10, 2018 3:05 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 484
Views: 92017

Re: 2-year CDs at Vanguard and Fidelity Today

Question for the experts. I have my 401k and RIRAs all sitting in FSITX (Fidelity Total Intermediate Bond). It currently has a 30d yield of 2.96% and a duration of close to six years. I was thinking about moving all of it into 2yr/3yr CDs. I'd lose ~30bps across the transaction but lower my duration...
by jjunk
Mon May 08, 2017 12:45 am
Forum: Personal Consumer Issues
Topic: Seattle and Vancouver with kids
Replies: 19
Views: 2041

Re: Seattle and Vancouver with kids

Another Seattlite here. I'd see the Space Needle but then go to Columbia Tower for views. The Fremont Troll is a fun thing to see and is very Seattle (plus Fremont is my favorite area of the city). Pike Place is a must if you havent been here. The waterfront is nice but I dont think our aquarium is ...
by jjunk
Fri Apr 28, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: A Morbid Subject
Replies: 20
Views: 3254

Re: A Morbid Subject

How would you do this? As I said, it wont be a popular opinion but I'm personally of the opinion that you can get to a point where life isn't worth living. For myself, that will likely come when my physical mobility is severely compromised or if a chronic illness becomes untenable. Anything that re...
by jjunk
Fri Apr 28, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: A Morbid Subject
Replies: 20
Views: 3254

Re: A Morbid Subject

I know it wont be a popular opinion but my DW and I both subscribe to voluntary euthanasia and assisted suicide for the elderly. It's not a decision to be taken lightly obviously but I would very much opt out of life if I were confined to a certain kind of life. Obviously, how you view death plays a...
by jjunk
Fri Apr 28, 2017 2:01 pm
Forum: Personal Consumer Issues
Topic: The Power of Habit
Replies: 15
Views: 4476

Re: The Power of Habit

Just an FYI, his latest book ties on nicely to Power of Habit (its about motivation). So its worth checking out as well.
by jjunk
Fri Mar 31, 2017 1:59 pm
Forum: Personal Investments
Topic: Short term munis vs. CDs for extra cash on hand?
Replies: 7
Views: 1525

Re: Short term munis vs. CDs for extra cash on hand?

Thanks for the additional suggestions. No, it doesnt have to be an ETF but I'm a Fidelity customer so I usually look for NTF/zero trade items where I can. I'll see if they have an equivalent to Vanguards offerings, so far it looks like SLQD might be the only corporate limited term, I'll see what els...
by jjunk
Thu Mar 30, 2017 3:16 pm
Forum: Personal Consumer Issues
Topic: Spring Break Trip to Disney World
Replies: 68
Views: 6996

Re: Spring Break Trip to Disney World

Make a list of the rides you want to hit the most and hit them first. If you have two rides that are close to one another, FastPass one and ride the other. Then you're likely to walk-on (or close to it) for the second ride. The time estimates at Disney are generally pretty accurate, so if you see an...
by jjunk
Thu Mar 30, 2017 11:19 am
Forum: Personal Investments
Topic: Short term munis vs. CDs for extra cash on hand?
Replies: 7
Views: 1525

Re: Short term munis vs. CDs for extra cash on hand?

I hadn't considered short term corporates. Thanks for that suggestion. What are you using in that space? ETF or mutual fund?
by jjunk
Wed Mar 29, 2017 11:56 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4903
Views: 1308019

Re: What Book Are You Currently Reading? Part VI

I am not your negro: James Baldwin, short powerful read
Disrupted: Dan Lyons, 50yr old re-enters the workforce via startup, hilarity and sabotage ensues
by jjunk
Wed Mar 29, 2017 7:35 pm
Forum: Personal Investments
Topic: Short term munis vs. CDs for extra cash on hand?
Replies: 7
Views: 1525

Short term munis vs. CDs for extra cash on hand?

I'm planning to early retire from full time work in the next 2-3yrs. I've currently been growing my cash reserves to take care of my first year of retirement expenses as well as having enough to pay for a house outright in the area we retire to (basically this is 300-400k all up). Right now the mone...
by jjunk
Wed Feb 08, 2017 1:04 am
Forum: Personal Consumer Issues
Topic: Hotel Recommendations - Las Vegas
Replies: 20
Views: 2938

Re: Hotel Recommendations - Las Vegas

Mandarin was excellent when we stayed there. Good location, walk-able everywhere and excellent service. They dont have a casino, have a very nice pool but we didnt eat there.
by jjunk
Wed Feb 08, 2017 1:01 am
Forum: Personal Consumer Issues
Topic: [Books that changed your life]
Replies: 577
Views: 62923

Re: Any books really change your outlook on life?

12 Years a Slave - Northrup
Hamlet - Shakespeare
Paradise Lost - Milton
Jack Daniels Running Formula - Daniels
Not Taco Bell Material - Carolla
Travels - Crichton
Outliers - Gladwell
Conversations with Major Dick Winters - Kingseed
Paddle Your Own Canoe - Offerman