Search found 354 matches

by Bruce
Wed Feb 23, 2011 8:23 am
Forum: Personal Consumer Issues
Topic: Turbo Tax
Replies: 32
Views: 4843

TT is easy to use and a good product.

Even better,

The next year it offers you the choice to take the previous return and avoid having to enter the all info that remains the same.
by Bruce
Mon Feb 21, 2011 4:07 pm
Forum: Personal Investments
Topic: Benefits of Social Security at 62
Replies: 64
Views: 7515

SOCIAL SECURITY AT AGE 62? By Henry K. (Bud) Hebeler 10-2-00 "Each month, my wife and/or I visit four elderly women who live alone in low cost housing and are trying to survive on social security. Sometimes they get a little help from their children. These are very nice ladies who deserve better, bu...
by Bruce
Mon Feb 21, 2011 3:54 pm
Forum: Personal Investments
Topic: Benefits of Social Security at 62
Replies: 64
Views: 7515

From Bud Hebeler and his helpful website Analyze Now http://www.analyzenow.com/Free%20Programs/free_programs.htm Free program to decide if a single person should take Social Security early. "You can download this program free, but you must have Microsoft Excel 97 or later, and you must be under 62. ...
by Bruce
Mon Feb 21, 2011 2:40 pm
Forum: Personal Investments
Topic: Benefits of Social Security at 62
Replies: 64
Views: 7515

I am still not eligible for SS yet, so the best advice I can offer comes from others. but Bud Hebeler makes a very compelling argument for waiting as long as possible to draw on social security here. He also has good free planning software at the site for helping decide http://www.analyzenow.com/Art...
by Bruce
Mon Feb 21, 2011 11:16 am
Forum: Personal Investments
Topic: Take SS vs live off IRA
Replies: 23
Views: 3220

I am still not eligible for SS yet, so the best advice I can offer comes from others. but Bud Hebeler makes a very compelling argument for waiting as long as possible to draw on social security here. http://www.analyzenow.com/Articles/Social%20Security/Social%20Security.htm Start Social Security at ...
by Bruce
Mon Feb 21, 2011 10:58 am
Forum: Personal Investments
Topic: Take SS vs live off IRA
Replies: 23
Views: 3220

From Bud Hebeler http://www.analyzenow.com/Articles/Social%20Security/Social%20Security.htm "Some financial planners recommend taking social security early if you retire early. This is based on the assumption that you will save and invest your early social security money and live shorter than or equ...
by Bruce
Mon Feb 21, 2011 10:55 am
Forum: Personal Investments
Topic: Take SS vs live off IRA
Replies: 23
Views: 3220

From Scott Burns http://assetbuilder.com/blogs/scott_burns/archive/2009/03/04/betting-on-social-security-deferral.aspx "In general, it is good to defer taking Social Security benefits if it is financially possible. This is particularly true if you are still earning wages between the age of 62 and yo...
by Bruce
Mon Feb 21, 2011 10:49 am
Forum: Personal Investments
Topic: $19,000 pension decision
Replies: 13
Views: 3212

One more idea on the topic, Pension Buy-Ins Are A Good Deal By Scott Burns Q. I would like your opinion of a decision I made a few years ago. Is it a good investment to purchase 'permissive time' in a government pension plan? In 2008, I retired at age 60 with a government pension. My agency offered ...
by Bruce
Sun Feb 20, 2011 4:49 pm
Forum: Personal Investments
Topic: $19,000 pension decision
Replies: 13
Views: 3212

Based on all the information you provided, taking the buy in option and using your 403 B to complete the buy in looks like a win win for you.

You are lucky, the trend in public employee benefits across the nation is just the opposite.

regards,
by Bruce
Sun Feb 20, 2011 4:22 pm
Forum: Personal Investments
Topic: $19,000 pension decision
Replies: 13
Views: 3212

http://www.bogleheads.org/wiki/403-b One more item. 403 B plans in general are known for high fees and poor investment choices. Yours may be better then average, but be sure and check out the Bogleheads wiki section, especially "W. Scott Simon, who writes a monthly Fiduciary Focus column for Mornin...
by Bruce
Sun Feb 20, 2011 4:10 pm
Forum: Personal Investments
Topic: $19,000 pension decision
Replies: 13
Views: 3212

The 403 B option does look attractive at that interest rate. It is also useful to know a bit more about the details of how your pension plan calculates a monthly payout. Is it reduced by some percentage to provide for a spousal or survivor benefit? Or is the pension monthly benefit an actual 100% of...
by Bruce
Sun Feb 20, 2011 3:46 pm
Forum: Personal Investments
Topic: $19,000 pension decision
Replies: 13
Views: 3212

What is the interest rate on the 403B loan, and how long until you have to pay it back??
by Bruce
Sun Feb 20, 2011 1:57 pm
Forum: Personal Investments
Topic: $19,000 pension decision
Replies: 13
Views: 3212

To get an idea of the true value of this benefit go to an annuity calculator like the one on Fidelity.com and plug in some numbers to see what it would cost to buy an annuity that offered $452 a month for life starting in 13.7 years. (current ages start at 50 on the Fidelity calculator, so not a per...
by Bruce
Sat Feb 19, 2011 7:30 pm
Forum: Personal Consumer Issues
Topic: Whats the best grill for $500
Replies: 40
Views: 6609

Another Weber fan, they just keep on working when the other brands have rusted away.
by Bruce
Sat Feb 19, 2011 1:41 pm
Forum: Personal Consumer Issues
Topic: Do you and your spouse fly separately or together?
Replies: 54
Views: 6473

On our most recent flight together, I got upgraded on Alaska Air and had my wife sit in the first class seat while I stayed in back with the kids.

Felt separate to me!
by Bruce
Sat Feb 19, 2011 8:10 am
Forum: Investing - Theory, News & General
Topic: UBS outrageous account termination fee - how to dispute?
Replies: 35
Views: 9077

Consider the fee "tuition" in your ongoing school of investing knowledge. It is money well spent as a one time cost to cut your future inevitable fees and costs of doing business with a high fee and high expense "financial adviser". You made a wise choice moving to Vanguard for your investing future...
by Bruce
Sun Feb 13, 2011 1:56 am
Forum: Forum Issues and Administration
Topic: I ACCIDENTALLY DELETED 30 NEW ACCOUNTS WITH 0 POSTS
Replies: 19
Views: 5140

Alex,

Thanks for all you do to keep this site up and running.

It is appreciated!

regards
by Bruce
Fri Jan 07, 2011 1:26 pm
Forum: Investing - Theory, News & General
Topic: THANK YOU JOHN BOGLE
Replies: 2
Views: 961

THANK YOU JOHN BOGLE

I have read other discussions on this forum about the Vanguard ownership and management structure. Vanguard is simply the best alternative I have as an individual investor to participate in the opportunities of this world economy. In contrast, the ownership of Fidelity is fairly straight forward. It...
by Bruce
Wed Jan 05, 2011 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Put off retirement savings for 4 years?
Replies: 53
Views: 6472

Kepp contributing to the 401K at least for the match and always MAX out the Roth while you can! "Distributions from Roth IRA contributions are tax-free. Distributions from earnings are federally tax-free if you've had your Roth IRA for at least five years and you're over age 59½, or you're under age...
by Bruce
Wed Jan 05, 2011 8:13 am
Forum: Investing - Theory, News & General
Topic: Classic Books about great depression financial experience?
Replies: 23
Views: 3657

I found the book " Hard Times: An Oral History of the Great Depression" by the late great Studs Terkel to be worth reading.

If you search for and get it from Amazon, use the link off the Bogleheads page.

regards
by Bruce
Sun Jan 02, 2011 10:34 am
Forum: Personal Investments
Topic: What Investments for Roth IRA for College Student?
Replies: 4
Views: 1477

Welcome to the forum I suggest looking at the Vanguard Target Retirement 2030 Fund, or a similar target retirement choice with a target year of her choosing. It is the fund choice I use for my daughter (still in high school) in her Roth IRA, as she starts learning more about investing. If the initia...
by Bruce
Sun Jan 02, 2011 8:54 am
Forum: Investing - Theory, News & General
Topic: 2011 BOGLEHEAD CONTEST REGISTRATION
Replies: 374
Views: 37872

1297
by Bruce
Wed Dec 01, 2010 6:04 am
Forum: Investing - Theory, News & General
Topic: Admiral Shares - Total International Stock Index
Replies: 5
Views: 1497

Thanks for taking the time to share the news.

I had not seen any other notice and was able to convert shares in both dear wife and my accounts today based on your alert.

Very good news for the Vanguard investor.

regards,
by Bruce
Tue Nov 30, 2010 1:14 pm
Forum: Personal Consumer Issues
Topic: Replacement Battery for IPhone
Replies: 4
Views: 734

1-800-MY-APPL
by Bruce
Sat Nov 13, 2010 9:16 pm
Forum: Personal Consumer Issues
Topic: Is there a better time to buy a Mac?
Replies: 14
Views: 2398

The past couple years Apple has run a promotion at the start of the fall school year for students and faculty (or any one else qualifying for the education discount), something like buy a Mac get an Ipod for free. The Apple online store often has good deals on refurbished Macs and Apple products tha...
by Bruce
Wed Oct 27, 2010 12:34 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 9 REPORT IS READY
Replies: 35
Views: 5775

Victoria,

Thanks so much for taking the time to put that together and share it.

regards
by Bruce
Thu Oct 21, 2010 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Wise Investing Made Simpler:Swedroe
Replies: 1
Views: 922

Very good summary

Thanks for posting it!

regards,
by Bruce
Mon Aug 02, 2010 5:43 pm
Forum: Personal Consumer Issues
Topic: Considering 2011 Ford Edge. Anyone have Edge opinions?
Replies: 6
Views: 1521

Just drove one as a rental this month, nice car. But do yourself a favor and check out the Hyundai Santa Fe or Hyundai Vera Cruz. We spent six months looking for something comparable to a Highlander and selected the Hyundai Vera Cruz limited as our purchase, essentially a made in Korea clone of the ...
by Bruce
Wed Jul 21, 2010 6:36 am
Forum: Personal Finance (Not Investing)
Topic: Jeremy Grantham, GMO, Summer Essays, 2010
Replies: 5
Views: 1627

Good read, thanks for sharing.

Also enjoyed this reminder in his article.

"we always forget that we are the market, and that all costs are a reduction in our returns."
by Bruce
Mon Jul 05, 2010 1:50 am
Forum: Personal Finance (Not Investing)
Topic: Financial Survival Plan for Wife - just in case
Replies: 8
Views: 2416

www.analyzenow.com/ look in the free articles "estate" section. The Best Gift for Your Spouse-- or Executor. Anyone who has had to handle the affairs of a dying or deceased person knows that it can be a frustrating and time consuming task to get information needed for a home, finances, funeral, and ...
by Bruce
Sun Jul 04, 2010 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Survival Plan for Wife - just in case
Replies: 8
Views: 2416

The T Rowe Price planner is a good one.



Here is another list to look at,

http://www.oakadvisors.com/files/Checkl ... pouses.pdf

Has more good info from Sue Stevens

Checklist for Surviving Spouses
Nine steps for handling financial issues after losing a loved one.
by Bruce
Sat Jul 03, 2010 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Survival Plan for Wife - just in case
Replies: 8
Views: 2416

http://news.morningstar.com/articlenet/article.aspx?id=178977 Prepare Your Spouse for Financial Independence By Sue Stevens, CFA, CFP, CPA | 11-16-06 | Having observed many couples over the years, I see that the majority of the time one spouse is more "financially attuned" than the other. One spouse...
by Bruce
Sat May 08, 2010 12:45 pm
Forum: Investing - Theory, News & General
Topic: Happy Birthday Mr. Bogle
Replies: 39
Views: 5165

Happy Birthday Jack,

Wishing you all the best on this day and many more to come.

regards,
by Bruce
Sat Mar 27, 2010 9:54 pm
Forum: Personal Investments
Topic: Cadet has $19,000 to invest
Replies: 12
Views: 2047

You would not see much benefit from tax exempt funds until you are in a much higher tax bracket than the typical junior officer will be over the next five years. The Vanguard Tips fund is a good choice inside your IRA, less so in a taxable account. TIPS are not tax efficient. Both the inflation adju...
by Bruce
Sat Mar 27, 2010 7:19 pm
Forum: Personal Investments
Topic: Cadet has $19,000 to invest
Replies: 12
Views: 2047

I am using $3000 to fully fund my IRA for this year. Not sure what the latest numbers are, but If a cadet earns about $600 a month (or nearly $7,200 a year), than you can fund up to the $5,000 annual Roth IRA contribution limit. Until April 15th you can still fund a 2009 Roth IRA up to $5,000. If y...
by Bruce
Fri Mar 26, 2010 1:14 pm
Forum: Investing - Theory, News & General
Topic: Question for Bogleheads: Emergency Fund location ?
Replies: 64
Views: 11558

I keep my emergency fund in the Vanguard Tax Exempt Money Market fund, (for an emergency where there is time to cash a check or transfer funds) plus a few thousand in paper I bonds (as good as travelers checks if needed) plus a few hundred in cash and rolls of dollar coins (for the "after the earthq...
by Bruce
Mon Mar 15, 2010 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Interview in the Federal Government coming up...need advice
Replies: 36
Views: 9565

Re: Be the best you can be.

Best of all is the self-respect that comes to anyone who tries to do their best in whatever they do. I hope it is reflected in my posts. Taylor, your sincere desire to help others and willingness to share your wisdom are very evident in all your posts and greatly appreciated. Thank you for your mil...
by Bruce
Sun Feb 14, 2010 6:02 pm
Forum: Personal Investments
Topic: Optimal Use of 457B Plan
Replies: 7
Views: 1512

The loads might be waived but the expense ratios are not, and they are higher than you would pay to get funds at Vanguard or Fidelity. Even the stable value fund seems to have a lower return than other stable value products I am aware of. i would look hard at transferring the 457 to an IRA as soon a...
by Bruce
Fri Feb 12, 2010 12:53 am
Forum: Personal Investments
Topic: Seeking advice for Vanguard UTMA account allocation.
Replies: 23
Views: 4961

My revised question would be, given the new nature of the UTMA funds, what would you advise as an AA? I like the idea of using it to shadow our retirement allocation (a combined 65%/35%), since the time horizon is slightly amorphous, but don't want to consider another pseudo-tax-advantaged bucket f...
by Bruce
Thu Feb 11, 2010 8:50 am
Forum: Personal Investments
Topic: Seeking advice for Vanguard UTMA account allocation.
Replies: 23
Views: 4961

What about tax reporting of the money in the UGTMA account once the child turns 18? A bit tougher to keep the money "hidden" when the custodian is sending out 10-99 forms to you and to the IRS matched to the SSN of the now 18 year old adult. Also I suggest you should be very, very sure you have adeq...
by Bruce
Mon Jan 18, 2010 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Best Will Software
Replies: 15
Views: 4111

Before we had kids my wife and I used Willmaker from Nolo and thought it worked fine, we even took the printed out result to her fathers law office and got the copies witnessed and notarized. Once we had children we needed to update our wills. For that I highly recommend working directly with an exp...
by Bruce
Mon Jan 18, 2010 2:37 pm
Forum: Personal Investments
Topic: A Decent Proposal? (BRK Shares Offer)
Replies: 20
Views: 4996

If you are looking to simplify, take the cash offered for the buy out of the BN+SF shares. It will be commission free and simplify your holdings. If you still want to own some Berkshire it is part of the total stock market index, but NOT part of the S+P 500 index. Berkshire may go up after the trans...
by Bruce
Sun Jan 17, 2010 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Firefox & 2009 Vanguard Tax Forms
Replies: 87
Views: 13812

The Vanguard 1099 info for 2009 imported flawlessly into Turbo tax on my IMac today.

Similar info from Fidelity is unavailable until Feb 2nd.

I am happy with Vanguard's customer service today!
by Bruce
Fri Jan 15, 2010 8:17 am
Forum: Investing - Theory, News & General
Topic: Larry's new book
Replies: 28
Views: 4456

Amazon will take your order before the book is available and ship the book on release.
by Bruce
Sun Jan 10, 2010 8:45 pm
Forum: Personal Investments
Topic: deducting expenses when there is no income (timberland)
Replies: 12
Views: 5162

http://www.timbertax.org/developments/TaxTip09-Final.pdf http://www.srs.fs.usda.gov/pubs/ja/ja_siegel004.pdf Two useful short summaries of some of the things to think about. http://www.timbertax.org/publications/publications.asp has much more detailed information on tax management for forest landown...
by Bruce
Wed Jan 06, 2010 10:25 am
Forum: Investing - Theory, News & General
Topic: Another gem from Rick Ferri on Forbes.com today
Replies: 39
Views: 8088

Good article Rick

One question that came to mind when I read it, is with interest rates near record lows, should short term bond index fund be considered instead of total bond market index fund for the start of this decade?

regards,
by Bruce
Sun Jan 03, 2010 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance Guidance
Replies: 21
Views: 3216

http://term4sale.com/ is a useful site for getting price info. I had recent good experience buying term through the online site www.insure.com They had fast and competent help available by phone and e-mail. The medical exam and underwriting process was fast and professional. The policy actually came...
by Bruce
Fri Jan 01, 2010 5:01 pm
Forum: Personal Consumer Issues
Topic: 2010 BOGLEHEAD CONTEST REGISTRATION
Replies: 284
Views: 34129

1299
by Bruce
Thu Nov 26, 2009 2:25 am
Forum: Personal Consumer Issues
Topic: A time to give thanks--10 years later
Replies: 14
Views: 3085

Taylor, Thanks for your service, and for sharing that note, and for all your shared wisdom over the years. Jack, Thanks for your work, your continuing effort to help the little guy and the positive impact it has had on my family. To all the "Bogleheads", Thanks for creating a great source of informa...
by Bruce
Wed Nov 25, 2009 8:33 am
Forum: Personal Consumer Issues
Topic: Question about snowblowers
Replies: 48
Views: 11273

Better is the enemy of good enough! A single stage will work fine, mine does in an area with more frequent snow than you report. If you want long term reliability and durability, look at what Honda offers in a single stage as well. If this is your first snowblower, read up on operator injuries from ...