Search found 304 matches

by sandramjet
Tue Apr 04, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Value of your social security tax contributions "account"
Replies: 15
Views: 2378

Re: Value of your social security tax contributions "account"

I realize you put "my account" in quotes, indicating you realize you don't actually have an account, but I think this point is really important. SS is not an "investment" it is much more of an "insurance". It has elements of annuities, disability insurance, benefits for...
by sandramjet
Sun Apr 02, 2017 2:32 pm
Forum: Personal Consumer Issues
Topic: Weird house buying experience
Replies: 123
Views: 12366

Re: Weird house buying experience

I'm reminded of the old saying "Anytime someone says it's not the money, its the principle ... its really the money". You need to decide if it is the money, and whether that matters. If it is, drop the house and move on. If not, forget it.
by sandramjet
Fri Mar 31, 2017 12:36 am
Forum: Personal Consumer Issues
Topic: August Vacation With Kids
Replies: 33
Views: 4310

Re: August Vacation With Kids

We found we mostly did two different vacation types ... camping, generally at a beach/lake if we wanted to be "near" home. Otherwise, cruises ... because of the easy daycare on those.
by sandramjet
Mon Mar 27, 2017 11:22 pm
Forum: Personal Consumer Issues
Topic: Versatile economical RV recommendations for a frugal retiree?
Replies: 59
Views: 8651

Re: Versatile economical RV recommendations for a frugal retiree?

I have an "A-Frame" popup camper (e.g. A-Liner, Chalet, etc) that I absolutely love. It is small and easy to tow and maneuver, sets up in less than a minute, and has hard sides so good in all weather (no canvas to get wet, etc). On the other hand, if you really want a compact, "slide ...
by sandramjet
Thu Mar 23, 2017 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 90126

Re: Quicken's future direction - a cause for concern

I left quicken about 15 years ago when they stopped allowing qfx uploads without signing up for a premium product and?or online (Forget which but it was a veiled price increase). Dumped them and moved to an infinitely more flexible tool with perfect categorization - excel. Recommend you do the same...
by sandramjet
Tue Mar 21, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: My retirement funding strategy - for comments please
Replies: 10
Views: 1954

Re: My retirement funding strategy - for comments please

Have you looked at BigFoot48's "Retiree Portfolio Model" ? It seems to allow you to model much of this.
by sandramjet
Thu Mar 09, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: SS taxes
Replies: 28
Views: 4621

Re: SS taxes

I haven't read all the replies, but there's an SS worksheet in the 1040 instructions. It's crazy complex in arithmetic, so I put it in Excel. Yes, it's not fair to be taxed on money you have already paid taxes on. That was supposedly the sort of reasoning originally for only taxing a portion (up to...
by sandramjet
Wed Mar 08, 2017 3:02 pm
Forum: Personal Consumer Issues
Topic: Google wifi is awesome
Replies: 67
Views: 16857

Re: Google wifi is awesome

I know this is as brazen a product plug as it gets, but I think it's warranted. Another benefit - it was stupidly simple to set up. You literally plug it in, download an app on the phone, and turn it on. and thats the deal killer for me... we don't own any smartphones, and you can't set it up witho...
by sandramjet
Wed Mar 08, 2017 12:17 pm
Forum: Investing - Theory, News & General
Topic: Buffett’s bets: how dumb are hedge fund managers?
Replies: 50
Views: 6118

Re: Buffett’s bets: how dumb are hedge fund managers?

Or, perhaps the question is "how cocky are the fund managers?" because I'm sure they thought they would continue to trounce the index. I'm not sure what the exact terms of the bet were. For example, did it include the effect of fees? Because they would have had to earn more than the S&...
by sandramjet
Fri Mar 03, 2017 12:54 pm
Forum: Investing - Theory, News & General
Topic: I Bonds: time-delayed Emergency Fund or down-payment?
Replies: 31
Views: 3272

Re: I Bonds: time-delayed Emergency Fund or down-payment?

[ Several other benefits: 1. They're tax deferred. 2. They're free from state and local taxation. 3. They can be used, tax-free, for qualifying educational expenses. Agree with first 2; last one is conditional, based on income. I unfortunately found that out the hard way when we saved for education...
by sandramjet
Thu Mar 02, 2017 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: I bond ladder
Replies: 22
Views: 4765

Re: I bond ladder

I would also count that as part of your fixed income holdings. You need to be careful about that. They are clearly fixed income funds but they would be emergency money not retirement funds. It might not be appropriate to include then in retirement portfolio asset allocation. Why not? I've heard it ...
by sandramjet
Thu Mar 02, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Why can't I save enough to have decent vacation or restaurant meal
Replies: 125
Views: 15394

Re: Why can't I save enough to have decent vacation or restaurant meal

You're living in a 2+ million dollar home neighborhood (on one income, and with a husband that couldn't find steady work for several years(?)), but you can't move because you can't work and his job is "flexible"? If your spouse is talented enough to be bringing in that kind of income, I'm...
by sandramjet
Sat Feb 18, 2017 4:51 pm
Forum: Investing - Theory, News & General
Topic: Is a 4% plus CPI withdrawal rate actually aggressive?
Replies: 232
Views: 16951

Re: Is a 4% plus CPI withdrawal rate actually aggressive?

frankly I worry less about the ability to guess the future returns than I do to guess my future expenses (and both are just that, guesses!) Given the unexpected expenses I've seen in my life already, predicting what I will need in the future is frankly much harder than the returns. I have much less ...
by sandramjet
Fri Feb 17, 2017 1:15 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 47878

Re: Tesla Model 3 or Chevy Bolt?

my problem is I just want an appliance. I am used to Toyota and Honda reliability and scared to own anything else. They're not perfect but the odds are in my favor. Ok, if you want just an "appliance" then you need to wait a while...a long while! Remember, you are comparing the reliabilit...
by sandramjet
Fri Feb 17, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?
Replies: 36
Views: 5125

Re: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?

So just googling found an article discussing this very subject. (Try googling "Cemetery Plots: The Reality of Selling Cemetery Plots"). Unfortunately, it doesn't sound really hopeful.. The fact of the matter is, however, that cemetery plots take sometimes years to find that right mix of re...
by sandramjet
Tue Feb 14, 2017 2:51 pm
Forum: Personal Investments
Topic: Talking sense
Replies: 36
Views: 3402

Re: Talking sense

Not sure where you are getting that from that page, but remember the caveat on the M* report " Rating, risk, and return values are relative to each fund’s Morningstar Category" ... and those 2 funds are in different categories, so the comparison is not really apples to apples. Notice that ...
by sandramjet
Mon Feb 13, 2017 12:21 am
Forum: Personal Finance (Not Investing)
Topic: To those who avoid FICA with HSA payroll contributions
Replies: 51
Views: 9642

Re: To those who avoid FICA with HSA payroll contributions

IMO, viewing SS as an investment is wrong. I view it as "insurance". To be sure, it is a reasonable question to ask whether you need to "purchase" more (i.e. whether or not you should reduce the amount you get by reducing what is paid in), but assessing it like any other investme...
by sandramjet
Fri Feb 10, 2017 11:11 pm
Forum: Personal Consumer Issues
Topic: iPhone SE 16GB - is memory adequate?
Replies: 43
Views: 3681

Re: iPhone SE 16GB - is memory adequate?

I'm tempted to say, get a new Android with a MicroSD card, but the key is that she's never had an iphone before. She should. They're rock solid. If she had a samsung before and is used to Android, is there a reason she needs to switch to iPhone? I wish I never had; despite people telling me the iPh...
by sandramjet
Wed Feb 08, 2017 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 90126

Re: Quicken's future direction - a cause for concern

The problem is that there is no substitute for Quicken. ...... From time to time I have looked at other solutions like gnucash or moneydance only to find that they do not provide some functionality which I view as essential, such as investment performance reports that aggregate across accounts. Tha...
by sandramjet
Wed Feb 08, 2017 1:38 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 90126

Re: Quicken's future direction - a cause for concern

The problem is that there is no substitute for Quicken. ...... From time to time I have looked at other solutions like gnucash or moneydance only to find that they do not provide some functionality which I view as essential, such as investment performance reports that aggregate across accounts. Tha...
by sandramjet
Sun Feb 05, 2017 12:43 am
Forum: Investing - Theory, News & General
Topic: Why go with an 80% stock / 20% bond portfolio?
Replies: 436
Views: 68633

Re: Why go with an 80% stock / 20% bond portfolio?

Everyone is different, of course. But in my case, I have always had 80/20 since I started in the 80's, and in fact the 20 was always stable value fund. Did it make a difference? Was it the best choice? I don't know, but behaviorally it made it easy to stand all the volatility because I could always ...
by sandramjet
Fri Jan 27, 2017 8:30 pm
Forum: Personal Consumer Issues
Topic: Windows 10 Security on a Tablet
Replies: 17
Views: 1920

Re: Windows 10 Security on a Tablet

You have been a great poster. Advice,: cancel it or return it unopened. Get an Android and never look back. My experience is just the opposite. I ditched my Android tablet (which gave me constant headaches and would not run the latest versions of browsers, so I had sites refusing to work correctly)...
by sandramjet
Wed Jan 25, 2017 10:50 pm
Forum: Personal Consumer Issues
Topic: Refusing to sign or altering hospital billing admission forms?
Replies: 79
Views: 11256

Re: Refusing to sign or altering hospital billing admission forms?

In my research I've found many anecdotal stories of people having their wages garnished and real property seized to satisfy judgement of medical creditors, sometimes based on the phony "charge master" hyperinflated price. Why do you think that medical bankruptcy is the most common kind? I...
by sandramjet
Wed Jan 25, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculators [free vs paid]
Replies: 24
Views: 2905

Re: Social Security Calculators [free vs paid]

I have used ssanalyze from bedrock capital (online ) and it seemed to work nicely.
by sandramjet
Mon Jan 23, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 1059
Views: 332620

Re: Retiree Portfolio Model

I think you are thinking that the "taxable account" is what you hold at a brokerage as an investment. Don't think of the "taxable" account as just an "investment" account. Remember that as far as the IRS is concerned, your checking account is also a "taxable accoun...
by sandramjet
Mon Jan 16, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 1059
Views: 332620

Re: Retiree Portfolio Model

THanks, that should do it. Once again, I'm impressed by how much this tool does! I found one more issue, again not sure if this is my problem... I decided to download the latest version. Did that, but then saved it as an xlsm file in Excel 2010. When I then tried to run the "clear" macro o...
by sandramjet
Mon Jan 16, 2017 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 1059
Views: 332620

Re: Retiree Portfolio Model

I was trying to model some SS scenarios and not sure I'm doing it correctly. Here's what I want to model: My benefit to start at Age 70 My spouse starts benefit at age 62, continues to my age 70 At age 70, spouse switches to my spousal benefit At age 85, spousal benefit switches to survivor benefit....
by sandramjet
Sun Jan 15, 2017 4:31 pm
Forum: Personal Investments
Topic: WA state 529 program (GET) change worth it?
Replies: 28
Views: 7501

Re: WA state 529 program (GET) change worth it?

If it was made out to your husband, I assume he was listed as the owner of the account. You can simply deposit the check, then write one to the 529 plan to which you are changing. Yes, you'll get a 1099 showing the distribution but making a rollover to another 529 plan is legitimate, tax free use of...
by sandramjet
Tue Jan 10, 2017 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: best software for financial planning
Replies: 60
Views: 11560

Re: best software for financial planning

You might also look at the tool "Flexible Retirement Planner"...
by sandramjet
Tue Jan 10, 2017 3:34 pm
Forum: Investing - Theory, News & General
Topic: www.portfoliocharts.com ... "The Coolest Portfolio Tool on the Web"?
Replies: 277
Views: 66139

Re: www.portfoliocharts.com ... "The Coolest Portfolio Tool on the Web"?

Tyler... I realize the answer to this question is likely just "when we can get good data", but I'll ask anyway. One of the periods I always like to look at is a timeframe starting in the mid 60's to mid 90's, just because that seems to be one that is often challenging in terms of supportin...
by sandramjet
Sun Jan 01, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about accounting for taxes in retirement plan
Replies: 7
Views: 869

Re: Confused about accounting for taxes in retirement plan

IN addition to using tax software, you might try the Retiree Portfolio Model by Bigfoot48 here at bogleheads (check the wiki)
by sandramjet
Wed Dec 28, 2016 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Monthly Expenses in line or too much
Replies: 81
Views: 9817

Re: Monthly Expenses in line or too much

The only person that matters is you. +10 BTW, and not to derail anything here, but what exactly defines a "HCOL", "LCOL" or "MCOL" area? High/Medium/Low Cost of Living (Sometimes you'll see VHCOL for San Fran/NYC....) I guess I wasn't clear... I understand what the acr...
by sandramjet
Wed Dec 28, 2016 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Monthly Expenses in line or too much
Replies: 81
Views: 9817

Re: Monthly Expenses in line or too much

KlangFool wrote: The only person that matters is you.
+10

BTW, and not to derail anything here, but what exactly defines a "HCOL", "LCOL" or "MCOL" area?
by sandramjet
Tue Dec 27, 2016 1:41 am
Forum: Personal Finance (Not Investing)
Topic: Your Retirement Number, or, calculating the funding ratio
Replies: 205
Views: 36910

Re: Your Retirement Number, or, calculating the funding ratio

If you think it is reasonable to think you will never make additional contributions to SS I can't stop you. I guess my point is that I think it is equally likely that I will make contributions to SS, and to my retirement accounts (at least, so far any year I have had wages, I have both SS and retir...
by sandramjet
Tue Dec 27, 2016 12:55 am
Forum: Personal Finance (Not Investing)
Topic: Your Retirement Number, or, calculating the funding ratio
Replies: 205
Views: 36910

Re: Your Retirement Number, or, calculating the funding ratio

Ok, I admit I haven't read all of the posts, but I am wondering about one seeming inconsistency in the approach. You speak of this being a snapshot of where you are today, hence you don't include any future retirement calculations. HOwever, isnt the SS amount implicitly including that? When I get an...
by sandramjet
Mon Dec 26, 2016 8:04 pm
Forum: Investing - Theory, News & General
Topic: Improving the Dalio/Robbins All-Seasons Portfolio
Replies: 347
Views: 80840

Re: Improving the Dalio/Robbins All-Seasons Portfolio

This is an interesting discussion, to be sure. One question that I have not seen addressed is what is your timeline and how confident are you that you will stick to this portfolio for this timeframe? I realize you are just formulating the portfolio, but you have indicated several revisions to your p...
by sandramjet
Thu Dec 22, 2016 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Your Retirement Number, or, calculating the funding ratio
Replies: 205
Views: 36910

Re: Your Retirement Number, or, calculating the funding ratio

If I stop someone on the street and say at the rate you are going you are only on target for an income of $65K a year rather than the $70K you want, they will understand instantly. If I tell them their retirement funding ratio is only 0.93, what is that going to mean to them? Sure they could figure...
by sandramjet
Wed Dec 21, 2016 12:22 pm
Forum: Investing - Theory, News & General
Topic: Three fund portfolio for retirement
Replies: 79
Views: 15289

Re: Three fund portfolio for retirement

It's true that we may make mistakes estimating the amount of aspirational retirement income we target before retirement. Nonetheless, it shouldn't be that difficult to target a safe floor level of retirement income. Here's an example of a very simple goal for safe floor income. I want safe floor in...
by sandramjet
Mon Dec 19, 2016 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Your Retirement Number, or, calculating the funding ratio
Replies: 205
Views: 36910

Re: Your Retirement Number, or, calculating the funding ratio

The one is the value of an asset. The other is the value of a liability. The fair market value of a life annuity doesn't cost me more because I believe I will live a long life. Whether I think I will live to age 85 or age 100 doesn't affect the price of a life annuity I intend to purchase at age 65...
by sandramjet
Mon Dec 19, 2016 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Your Retirement Number, or, calculating the funding ratio
Replies: 205
Views: 36910

Re: Your Retirement Number, or, calculating the funding ratio

The PV of the SS benefit is calculated as the SS income stream from age 66 to age 83, Larry’s current life expectancy. Again, using the two step process. Why is this? The SS income stream doesn't stop at age 83, it stops when he dies (which Larry is assuming happens 5 years later, because you said ...
by sandramjet
Mon Dec 19, 2016 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Your Retirement Number, or, calculating the funding ratio
Replies: 205
Views: 36910

Re: Your Retirement Number, or, calculating the funding ratio

A couple of questions... first, maybe I don't understand the process but you say The PV of the SS benefit is calculated as the SS income stream from age 66 to age 83, Larry’s current life expectancy. Again, using the two step process. Why is this? The SS income stream doesn't stop at age 83, it stop...
by sandramjet
Wed Dec 14, 2016 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: If and how to bring up inappropriate conduct of former boss?
Replies: 60
Views: 5737

Re: If and how to bring up inappropriate conduct of former boss?

sandramjet, <<it was NOT true that "upper management tolerated" it ... rather they were unaware of it because everyone was too busy looking the other way>> This might be true if it occurred for a short period of time. But, in this case, it is 17 years. There is a systemic problem here. An...
by sandramjet
Wed Dec 14, 2016 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: If and how to bring up inappropriate conduct of former boss?
Replies: 60
Views: 5737

Re: If and how to bring up inappropriate conduct of former boss?

It has become clear that he has a problem with working with female staff. I'm apparently in the minority here, but I know at our mega-corp we had managers who acted inappropriately with female employees and got away with it for years precisely because no one wanted to get involved, and the women in...
by sandramjet
Wed Dec 14, 2016 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: If and how to bring up inappropriate conduct of former boss?
Replies: 60
Views: 5737

Re: If and how to bring up inappropriate conduct of former boss?

Hopefully your megacorp has an ethics hotline or group that you can report to if you believe there are legitimate issues. I would report it to them.
by sandramjet
Tue Dec 13, 2016 6:36 pm
Forum: Investing - Theory, News & General
Topic: Silver market was allegedly fixed
Replies: 11
Views: 1932

Re: Silver market was allegedly fixed

I didn't read the article, but just the words "silver market" bring to mind (well for some, anyway) the Hunt brothers and their effort to manipulate that market....
by sandramjet
Mon Dec 12, 2016 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs, Roth conversions, tax efficiency - 2016-2020
Replies: 13
Views: 1300

Re: RMDs, Roth conversions, tax efficiency - 2016-2020

I frankly like to use the RPM (Retiree Portfolio Model) from Bigfoot48 to look at these things (see the wiki for references). It is easier (IMHO) to see the impact of possible strategies. Doesn't do optimization, but for many things it will show you what is close enough, and it lets you easily see t...
by sandramjet
Mon Dec 12, 2016 12:12 pm
Forum: Personal Consumer Issues
Topic: Ideal two vehicle combo?
Replies: 73
Views: 8619

Re: Ideal two vehicle combo?

Since the second car is primarily for you to commute to work, buy a small, hybrid or electric (good mileage) car. When you need temporary transportation for the family, just rent a car for a few days
by sandramjet
Fri Dec 09, 2016 12:32 am
Forum: Personal Finance (Not Investing)
Topic: Just too conservative for my own good
Replies: 30
Views: 5546

Re: Just too conservative for my own good

We've managed to save enough for retirement but it hasn't been easy. ..... I'm finding myself looking at my investing experience with regret for not being educated early on and being too conservative. I do think we are at an AA we can live with but with thoughts of what might have been. :oops: I fo...
by sandramjet
Thu Dec 08, 2016 10:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's new "account overview" page... BOO!
Replies: 105
Views: 16212

Re: Vanguard's new "account overview" page... BOO!

Hmmm... I don't see the new ticker, etc. so at least mine has not changed yet.
On the other hand, even the existing one is pretty large, but my browser lets me conviently change the size by just using <cntrl>- (smaller) or <cntrl>+, so it isn't a big deal to me.