Search found 355 matches

by retire57
Tue Jun 13, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing and Taxable Account
Replies: 15
Views: 1451

Re: Rebalancing and Taxable Account

livesoft wrote:If I have $10,000 invested in equity funds and they pay me $300, then I will have $9700 in equity funds and $300 in cash. See how the equity funds got knocked back by $300?

If I put that $300 into bond funds, then isn't that an act of rebalancing?
Got it, livesoft. Thanks for the context!
by retire57
Tue Jun 13, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing and Taxable Account
Replies: 15
Views: 1451

Re: Rebalancing and Taxable Account

2.) Should I bite the bullet and reallocate in my taxable account? What have you been doing with the dividends in the taxable account? They help knock down the value of equity funds by 2% to 3% every year, so could go into tax-exempt bond funds in taxable or they can be spent. The June dividends wi...
by retire57
Tue Jun 13, 2017 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with 18k in Cash?
Replies: 19
Views: 2085

Re: What to do with 18k in Cash?

Pay off the car asap and funnel the money the car has been costing you to your Roth.
by retire57
Sun Jun 11, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your Savings?
Replies: 24
Views: 4000

Re: Where do you keep your Savings?

WoodSpinner wrote:
retire57 wrote:Wow, that's complicated. We have all savings in one MM account and use Quicken to keep track of how the money is earmarked, e.g. taxes, travel, charity etc ....

Keeping it simple works best for us.
How do you do this in Quivken?

TIA
I use Savings Goals, found under the Planning tab.
by retire57
Sat Jun 10, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your Savings?
Replies: 24
Views: 4000

Re: Where do you keep your Savings?

Wow, that's complicated. We have all savings in one MM account and use Quicken to keep track of how the money is earmarked, e.g. taxes, travel, charity etc ....

Keeping it simple works best for us.
by retire57
Sat Jun 10, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: (Very) Early Retirement vs Parenthood
Replies: 74
Views: 6180

Re: (Very) Early Retirement vs Parenthood

DH and I decided early in our 34-year-and-counting marriage that we weren't interested in being parents. Our decision wasn't based on money, but the financial implications have been enormous. Despite never being high-wage earners, we are enjoying a very comfortable retirement much earlier than would...
by retire57
Fri Jun 09, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2850
Views: 894247

Re: What Book Are You Currently Reading? Part VI

The Unbanking of America: How the New Middle Class Survives by Lisa Servon. Published January 2017.
by retire57
Thu Jun 08, 2017 10:17 am
Forum: Investing - Theory, News & General
Topic: Retirees: What are you doing about withdrawing?
Replies: 31
Views: 5163

Re: Retirees: What are you doing about withdrawing?

2beachcombers wrote:Retired 17 yr. Only withdraw dividends from taxable account.
Ability to do this was waiting till 70 for SS, Pension and controlling expenses

jerry
Same here. Retired 1.5 years with 2 pensions, pre-SS.
by retire57
Wed Jun 07, 2017 8:06 am
Forum: Personal Consumer Issues
Topic: How to buy another car key?
Replies: 16
Views: 2425

Re: How to buy another car key?

This happened to us and the dealer paid to have the Toyota dealer make a duplicate.
by retire57
Mon Jun 05, 2017 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: USAA's New (Irritating) Security Protocol
Replies: 19
Views: 2632

Re: USAA's New (Irritating) Security Protocol

Are you auto downloading on Quicken for Mac? I'm using Quicken for Mac 2017. Try to change your USAA Quicken connection type to "Direct Connect". I have several USAA accounts and use 2FA and I never have to enter a pin on Quicken . Bart Quicken 2016 for Windows. I've tried to change the connection ...
by retire57
Mon Jun 05, 2017 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: USAA's New (Irritating) Security Protocol
Replies: 19
Views: 2632

Re: USAA's New (Irritating) Security Protocol

Also as a reminder to everyone, if you do not adhere to the cyber security policies of your financial institutions then you are not covered for losses in the event a criminal gains access to your accounts. That goes for banks, investment firms, credit cards, ect Not sure this an acurate statement. ...
by retire57
Mon Jun 05, 2017 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: USAA's New (Irritating) Security Protocol
Replies: 19
Views: 2632

Re: USAA's New (Irritating) Security Protocol

Also as a reminder to everyone, if you do not adhere to the cyber security policies of your financial institutions then you are not covered for losses in the event a criminal gains access to your accounts. That goes for banks, investment firms, credit cards, ect Not sure this an acurate statement. ...
by retire57
Mon Jun 05, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: USAA's New (Irritating) Security Protocol
Replies: 19
Views: 2632

Re: USAA's New (Irritating) Security Protocol

Hockey10 wrote:
tylerherman wrote:Not going to go look at the site but they should give you an option to save your device (get a cookie). If they don't, ask for that.
I just checked the Security page on the USAA website. They do offer the option described above.
Excellent! I'll see if that takes care of it. Thanks.
by retire57
Mon Jun 05, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: USAA's New (Irritating) Security Protocol
Replies: 19
Views: 2632

Re: USAA's New (Irritating) Security Protocol

Doesn't happen for me. Both the mobile app and website have used a 4-digit PIN for a long time but I'm not getting pressed to confirm my credentials beyond that. Likewise here - username/password then PIN on the next page = entry. That's odd. The new security process began on May 25th. And no, not ...
by retire57
Mon Jun 05, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: USAA's New (Irritating) Security Protocol
Replies: 19
Views: 2632

USAA's New (Irritating) Security Protocol

USAA has implemented a two-factor identification system that is a real headache. Every day we must wait to receive a 6-digit code to be sent via email, text, or phone in order to update our USAA checking account balance in Quicken. This is a one-use code, which means that every single time you want ...
by retire57
Thu Jun 01, 2017 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Objectively assess my situation
Replies: 20
Views: 1831

Re: Objectively assess my situation

How old are you? You probably have plenty of time to bounce back from any unwise decisions (which we all make). And you have done a lot of things right!

Regret is tough, but life is for learning, and no doubt you will do things differently next time.
by retire57
Thu Jun 01, 2017 5:03 pm
Forum: Investing - Theory, News & General
Topic: Dealing with Impatience reaching financial goals
Replies: 30
Views: 3856

Re: Dealing with Impatience reaching financial goals

Rather than looking at just your bottom line or just your ROI, start tracking the number of shares you are accumulating - whether through contributions or dividend reinvestment. Maybe, like me, you will find patience there.
by retire57
Thu Jun 01, 2017 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 67707

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

Is everyone (on 2016) getting those pop-ups when you start Quicken asking you to upgrade? It is annoying. I keep unchecking the remind me later box and they still come about every 2 or 3 times I start Quicken. I have 2016 and have no intention of upgrading anytime soon. Each time makes me want to u...
by retire57
Thu Jun 01, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Drowning in debt
Replies: 52
Views: 5906

Re: Drowning in debt

You don't mention your income or living expenses. Have you considered cashing out enough from your taxable for 3-6 months of living expenses (emergency fund) and going scorched-earth to pay off the HELOC? How long would that take? Should you need another car, buy a junker until you get out of debt. ...
by retire57
Wed May 31, 2017 1:37 pm
Forum: Investing - Theory, News & General
Topic: Does anyone treat taxable as a "someday fund"?
Replies: 86
Views: 7837

Re: Does anyone treat taxable as a "someday fund"?

mortfree wrote:..
my taxable account is labeled "I have no idea what I'm going to use this money for but I like watching it grow."

..
+1 :D
by retire57
Tue May 30, 2017 7:46 am
Forum: Personal Consumer Issues
Topic: Do I deserve it? [A new car]
Replies: 69
Views: 6859

Re: Do I deserve it?

Not so much a question of "deserving", but "affording". You've done the smart math and know the true cost of a new car. Hefty, long-term car payments will delay financial independence, which you are well on your way to achieving.

Buy used and drive for 10 or more years.
by retire57
Sun May 28, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Not Another Payoff The Mortgage Thread....
Replies: 38
Views: 4883

Re: Not Another Payoff The Mortgage Thread....

Agree that this is less about math and more about how badly you want to be free of debt.
by retire57
Sat May 27, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Pay off car loan?
Replies: 17
Views: 1972

Re: Pay off car loan?

JGoneRiding wrote:Don't pay it off! Instead go into work the day after the loan to mom and dad is paid and increase your 401k with holding! Repeat in 9 mos when the car lon is gone! Then you will never even miss the difference
+1
by retire57
Thu May 25, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Arrived at milestone - what should be my next step?
Replies: 14
Views: 1794

Re: Arrived at milestone - what should be my next step?

Even if spouse is a big Dave Ramsey fan (me too for certain aspects) my understanding of his steps are: 1) Small emergency fund 2) Pay off all debt except mortgage 3) 6 months emergency fund 4) Retirement funds, college funds, and then start paying off mortgage. As far as I know he doesn't recommen...
by retire57
Sat May 20, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: What are your priorities for retirement?
Replies: 56
Views: 6608

Re: What are your priorities for retirement?

1. Stay healthy.

2. Continue traveling 4-6 months a year in my camper until someone takes my keys away.

3. Increase our charitable donations.

4. Volunteer.
by retire57
Sat May 20, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Automatic Reinvestment: To "check" or not to "check" (the box) . . that is the question?
Replies: 52
Views: 5459

Re: Automatic Reinvestment: To "check" or not to "check" (the box) . . that is the question?

This thread has me wondering ...

We sell $600/month from a taxable mutual fund to supplement our pensions and my very part-time work. Coincidentally, dividends from our taxable mutual fund acounts add up to to about 8K/yr. Should we be supplementing from dividends versus selling shares?
by retire57
Fri May 19, 2017 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: I'm having a freak-out moment (portfolio question)
Replies: 24
Views: 3052

Re: I'm having a freak-out moment (portfolio question)

The only thing you should be freaking out about is not having an emergency fund.
by retire57
Fri May 19, 2017 11:27 am
Forum: Personal Finance (Not Investing)
Topic: How Best to Give?
Replies: 8
Views: 938

Re: How Best to Give?

You don't itemize so the only concern from your standpoint is really how much, and how your gifts impact your cash flow. From the charity's standpoint, a regular, dependable contribution is more valuable than an unplanned for lump sum. They have to manage their cash flow, too. re: Amazon, ask the c...
by retire57
Fri May 19, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: How Best to Give?
Replies: 8
Views: 938

How Best to Give?

Is it best to donate to a charity with one lump sum (say, a check at the end of the year), in monthly increments, or through Amazon? Our charity has a 'supplies needs' list on Amazon. By best , I mean for both the charity and ourselves. We don't itemize at this point. Note: when SS kicks in to give ...
by retire57
Thu May 18, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 15429

Re: For those with $500k-$1m in investments...

Age 59, semi-retired. 52% taxable due to inheritance.
by retire57
Sun May 14, 2017 4:45 pm
Forum: Investing - Theory, News & General
Topic: Donor-Advised Fund and Portfolio
Replies: 5
Views: 642

Donor-Advised Fund and Portfolio

Do you consider your DAF investments as part of your asset allocation?
by retire57
Fri May 12, 2017 8:50 pm
Forum: Personal Consumer Issues
Topic: Cars: Expense or Asset?
Replies: 84
Views: 6299

Re: Cars: Expense or Asset?

Technically an asset. We update the value each January to reflect depreciation.
by retire57
Fri May 12, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Staying the course with our plan
Replies: 16
Views: 1507

Re: Staying the course with our plan

What motivated us (especially in the accumulation phase) was watching our investments grow. Duh, right? I mean, really watching them. For example, the day after dividends were paid out (obviously we were re-investing them), you can bet I was updating our values on Quicken and keeping track of how ma...
by retire57
Tue May 09, 2017 8:46 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3350
Views: 963061

Re: What Movie Have You Recently Watched?

Finally got around to watching Enron: The Smartest Guys in the Room. Chilling.
by retire57
Mon May 08, 2017 7:04 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early
Replies: 68
Views: 5082

Re: HAPPY BIRTHDAY MR. BOGLE: Let's Get The Party Started One Day Early

Happy Birthday, Mr. Bogle! :beer

And heartfelt thanks for all you've done for investors. We owe you a great deal.
by retire57
Sun May 07, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads buy cars?
Replies: 71
Views: 9141

Re: How do Bogleheads buy cars?

We seldom buy cars, but this is has been our long-time tried-and-true method. Used, 2-3 years old, just off lease under 35,000 miles. Prefer to pay cash. However, if the interest rate is sufficiently low, you could consider putting 1/4 - 1/2 down and pay the loan off within a year. Then drive it for...
by retire57
Sun May 07, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Solid justification for including all stocks & NO bonds?
Replies: 143
Views: 8545

Re: Solid justification for including all stocks & NO bonds?

My question is: how do you know you can stomach large fluctuations until you've live through it? You really don't know your risk tolerance until you are at risk . So why increase your risk at this point? With all that time on your side? We went through 1987, 2000, and 2008 - trust me, it takes a lot...
by retire57
Sat May 06, 2017 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Safe Retirement at 62?
Replies: 20
Views: 4416

Re: Safe Retirement at 62?

You didn't mention health care. How are you factoring that into the equation? One question is how much are you budgeting for health care pre-Medicare, but the first is how are you going obtain it? +1. We are pre-Medicare at 59 and 63. And healthy. Medical insurance is our biggest expense at $900/mo...
by retire57
Sat May 06, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: All VBLTX or Keep Our Current Bond Mix?
Replies: 6
Views: 880

Re: All VBLTX or Keep Our Current Bond Mix?

I prefer to keep a year's worth of expenses in taxable in a short term bond fund as an emergency fund. CD's would serve a similar purpose. I see no problem with tilting more to corporates than total bond fund, as long as it a smallish tilt and you have the short term funds as a reserve. Yes - we ha...
by retire57
Sat May 06, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Safe Retirement at 62?
Replies: 20
Views: 4416

Re: Safe Retirement at 62?

You didn't mention health care. How are you factoring that into the equation? One question is how much are you budgeting for health care pre-Medicare, but the first is how are you going obtain it? +1. We are pre-Medicare at 59 and 63. And healthy. Medical insurance is our biggest expense at $900/mo...
by retire57
Sat May 06, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: All VBLTX or Keep Our Current Bond Mix?
Replies: 6
Views: 880

All VBLTX or Keep Our Current Bond Mix?

With all our bond holdings in tax-deferred accounts, we won't be withdrawing the funds until RMDs commence in about 7 years. In the meantime, do we want to hold all in the Total Bond Market or should we also keep our VFSUX (short-term investment grade) and VFIDX (intermediate-term investment grade) ...
by retire57
Sat May 06, 2017 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Watch Concerns
Replies: 22
Views: 2439

Re: Portfolio Watch Concerns

retire57 wrote:I was just over at the Portfolio Watch myself and it led me to compare our VBTLX with our VFIDX and the 2 seem to overlap. As they do when you use the fund comparison tool.

Then I went to M-star and the picture is now much clearer.
by retire57
Sat May 06, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Watch Concerns
Replies: 22
Views: 2439

Re: Portfolio Watch Concerns

I was just over at the Portfolio Watch myself and it led me to compare our VBTLX with our VFIDX and the 2 seem to overlap.

Then I went to M-star and the picture is now much clearer.
by retire57
Thu May 04, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle large variable expenses?
Replies: 16
Views: 1308

Re: How to handle large variable expenses?

We have a separate savings account (separate from our emergency fund) that we use as something like an expense escrow account. For all of the expenses that are at least annual, but less frequent than monthly, we deposit money into the account to cover those expenses. For example, the property tax o...
by retire57
Thu May 04, 2017 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle large variable expenses?
Replies: 16
Views: 1308

Re: How to handle large variable expenses?

I would say keep saving until you have the cash to pay for the projects. Not sure what the nature of the projects are, but if they aren't emergencies or are less critical than your financial future, then wait until you can write a check. I think I need to clarify few things which I failed to mentio...
by retire57
Thu May 04, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle large variable expenses?
Replies: 16
Views: 1308

Re: How to handle large variable expenses?

I would say keep saving until you have the cash to pay for the projects. Not sure what the nature of the projects are, but if they aren't emergencies or are less critical than your financial future, then wait until you can write a check.
by retire57
Wed May 03, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Advice
Replies: 10
Views: 1285

Re: Bond Fund Advice

Munir wrote:Dump the International Bond Fund and keep the rest. They provide good diversification and total return.
Any suggestions regarding how to allocate between the 3 remaining bond funds (after jettisoning the International)?
by retire57
Wed May 03, 2017 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Advice
Replies: 10
Views: 1285

Bond Fund Advice

The 3-Fund Portfolio appeals to my quest for simplicity. We currently own 6 funds – all Vanguard - and would like your opinion about perhaps winnowing down to 3 funds. Our AA is 55/45. 55% of our portfolio is in a taxable account (Total Stock Index and Total International Index) and the other 45% in...