"Retired" Life Stage Virtual Chapter "Master Thread"

[DFWBogleheads]

The following meeting may also be of interest to many in the Retired Life Stage virtual chapter.
Note that the meeting is in two days.

The Pre/Early Retirement Life Stage chapter will be hosting a meeting on Wednesday, April 6, 2022, on Zoom, starting 7 PM (Central).

5 pm Pacific
6 pm Mountain
7 pm Central
8 pm Eastern

Topic: "Documenting Financial Information for Surviving Spouse/Executor"

In some cases, one spouse or partner handles most of the financial tasks. If this is true in your case, what can you document ahead of time to make things easier for your surviving spouse/partner to handle the finances should you pass away or become incapacitated.

Zoom presentation/meeting

The format of the meeting is as follows:

A series of slides will be presented with a list of points on a subtopic. After each slide we will open a discussion on the subtopic presented and participants may (either live on video or written in the chat window) offer their input/personal experience/ideas/questions/etc on that subtopic.

This meeting is not meant to present definitive answers on how to document things, but rather to offer a list of points for participants to research/reflect upon and figure out the best way for them to handle each issue.

Targeted audience: Pre/Early Retirement Life Stage (but useful for all life stages, as you never know what could happen unexpectedly at any age.)

You can RSVP for the meeting and submit questions here...

Please use this RSVP link

All responses are anonymous.

Zoom link

Meeting ID: 892 9264 0248
Passcode: 794093
One tap mobile
+13462487799,,89292640248#,,,,*794093# US (Houston)
+12532158782,,89292640248#,,,,*794093# US (Tacoma)

Dial by your location
+1 346 248 7799 US (Houston)
+1 253 215 8782 US (Tacoma)
+1 669 900 6833 US (San Jose)
+1 301 715 8592 US (Washington DC)
+1 312 626 6799 US (Chicago)
+1 929 205 6099 US (New York)
Meeting ID: 892 9264 0248
Passcode: 794093
Find your local number: https://us06web.zoom.us/u/kbcWBz0tfi

The Pre/Early Retirement Life Stage Chapter Coordinators

[sleepysurf]

Final reminder about our "Retired" Life Stage chapter meeting on Zoom, this coming Tue, April 12, starting...
5 PM Pacific | 6 PM Mountain | 7 PM Central | 8 PM Eastern, and running up to 2 hours.

Format: Open Q&A session discussing a variety of topics, such as...

• How are you dealing with inflation and increased market volatility?
• Have you made (or contemplated) any changes in your asset allocation and/or bond holdings?
• What tools have you found most helpful for retirement planning?
• Other (suggest in our RSVP Form).

Targeted audience: "Retired" Life Stage (but others always welcome)

To encourage open discussion (preferably with video), and protect participants privacy, the meeting will NOT be recorded. You can RSVP for the meeting and suggest additional topics for discussion here (all responses are anonymous)... RSVP Link

The Zoom link is posted on the BH Calendar of Events.

We're looking forward to a lively discussion!

-Chapter Co-Coordinators (Alan, Robert, Henry, and Raj)

[sleepysurf]

FYI, there have been recent updates to Zoom, so make sure you're running the latest version for your computer, tablet, or smartphone... https://zoom.us/download

[sleepysurf]

FYI, Zoom apparently is requiring a Passcode to access this meeting... Passcode 675152

[LadyGeek]

The chat from last night's meeting has been posted in the blog. See: Virtual online chapter presentations (4/12/2022)

All personally identifiable information has been removed.

[sleepysurf]

Thanks LG! Even though the meeting was not recorded, the Chat still has some useful comments and links, albeit without full context.

[sleepysurf]

FYI, there's a FREE Retirement Webinar streaming online Sat 5/14 from 11 AM - 6 PM (Eastern), hosted by Tom Cock and Don McDonald (from the "Boglehead-ish" Talking Real Money podcast, affiliated with Vestory Advisors and Dimensional)... https://retiremeet.com/

Guest speakers include Paul Merriman, and Apollo Lupesco (from Dimensional), and many others. Although likely promotional in nature, the topics being covered should be of interest to near and current retirees. Those in the Bellevue, WA area can attend in-person, for a small registration fee (covers lunch).

[sleepysurf]

FYI, many of those in the "Retired" Life Stage may be interested in this upcoming meeting from the "Pre/Early Retirement" chapter...

The Pre/Early Retirement Life Stage chapter will be hosting a meeting on Wednesday, May 18, 2022, on Zoom, starting 7 PM (Central).

5 pm Pacific
6 pm Mountain
7 pm Central
8 pm Eastern

Topic: "Setting Your Children Up For Financial Success"

There are many things parents or guardians can do to help set their children up for financial success in life. We will be presenting topics regarding the financial education of young children to young adults. Since there is often no one way to do things that works for every child, participants are encouraged to share what has worked with their family, along with any successes/failures/lessons along the way.

This will be a Zoom presentation/meeting

The format of the meeting is as follows:

A series of slides will be presented with a list of points on a subtopic. After each slide we will open a discussion on the subtopic presented and participants may (either live on video or written in the chat window) offer their input/personal experience/ideas/questions/etc on that subtopic.

This meeting is not meant to present definitive answers on how to handle things, but rather to offer a list of points for participants to research/reflect upon and figure out the best way for them to handle each issue in their own family.

Targeted audience: anyone with children or planning to have children, or who just wants to listen in.

You can RSVP for the meeting and submit questions here... RSVP Link

All responses are anonymous.

Zoom link

Meeting ID: 854 8414 7948
Passcode: 338801
One tap mobile
+13462487799,,85484147948#,,,,*338801# US (Houston)
+12532158782,,85484147948#,,,,*338801# US (Tacoma)

Dial by your location
+1 346 248 7799 US (Houston)
+1 253 215 8782 US (Tacoma)
+1 669 900 6833 US (San Jose)
+1 312 626 6799 US (Chicago)
+1 929 205 6099 US (New York)
+1 301 715 8592 US (Washington DC)
Meeting ID: 854 8414 7948
Passcode: 338801
Find your local number: https://us06web.zoom.us/u/kcfGwuf2Re

The Pre/Early Retirement Life Stage Chapter Coordinators

[sleepysurf]

Reminder that the "Early/Pre Retirement" Chapter meeting about "Setting Your Children Up For Financial Success" is TOMORROW, Wednesday, May 18. Details in post above.

[LadyGeek]

The chapter series video is now on YouTube. See: Bogleheads® Chapter Series – Setting Your Children Up for Financial Success

Links to the slides and chat are in the show notes.

A concise summary of the chapters' meeting content is available in the blog: Virtual online chapter presentations

(Production of the Chapter Series videos is a group effort by several forum members. I only upload and publish the video on YouTube.)

[sleepysurf]

FYI, the "Starting Out" and "Mid-Career/Accumulators" Life Stage Chapters will be hosting JL (Jim) Collins, author of "The Simple Path to Wealth," for an open Q&A Zoom meeting on Wed, June 15, 2022, at 8:00 pm ET

Although this program is designed for novice investors and mid-career accumulators, this will be a great session for the "Pre/Early" and "Retired" cohorts to share with children (even older grandchildren).

Questions can be submitted (anonymously) in advance HERE. The meeting is open to all Bogleheads, and RSVP's are not required to attend.

The Zoom link has been posted on the Bogleheads Calendar of Events. You might want to jot down the meeting ID and passcode just in case Zoom asks for it.

[sleepysurf]

Our next "Retired" Life Stage Zoom meeting will be Wed, July 20, starting 8 PM (Eastern)
5 PM Pacific | 6 PM Mountain | 7 PM Central | 8 PM Eastern

Format: Open Q&A discussing whatever is on participants minds

Targeted audience: "Retired" Life Stage (but others always welcome)

To encourage open discussion (preferably with video), and protect participants privacy, the meeting will NOT be recorded. You can RSVP for the meeting and pre-submit questions/topics here (all responses are anonymous)... RSVP Link

The Zoom link will be posted in the BH Calendar of Events at least one week prior to the meeting.

[sleepysurf]

Bumping this for visibility. See post above for full details, including the link to RSVP and pre-submit questions/topics. The Zoom link has been posted in the BH Calendar of Events and the BH Chapter Series Google Email Group. Instructions for subscribing to the latter can also be found on the BH Calendar of Events page.

[sleepysurf]

FYI, Rob Berger just interviewed two investing "luminaries" on his YouTube channel, addressing a variety of topics relevant for retirees. Definitely worth watching prior to our meeting next Wed!

• Beyond the 4% Rule-- Conversation with Bill Bengen... https://youtu.be/sGs-Slvf-bU

• Conversation with the Father of the Bucket Strategy-- Harold Evensky... https://youtu.be/cjaf5MZPPNU

Bill Bengen's comments about his own "Risk Management" (aka "Market Timing") portfolio strategy is, surprisingly, very UN-Boglehead-ish. He apparently does not "eat his own cooking!"

[boglehooligan]

Bill Bengen's comments about his own "Risk Management" (aka "Market Timing") portfolio strategy is, surprisingly, very UN-Boglehead-ish. He apparently does not "eat his own cooking!"

Yes I agree I was quite surprised by that

[Zeno]

Bill Bengen's comments about his own "Risk Management" (aka "Market Timing") portfolio strategy is, surprisingly, very UN-Boglehead-ish. He apparently does not "eat his own cooking!"

Yes I agree I was quite surprised by that

+1

[CraigTester]

Bill Bengen's comments about his own "Risk Management" (aka "Market Timing") portfolio strategy is, surprisingly, very UN-Boglehead-ish. He apparently does not "eat his own cooking!"

Yes I agree I was quite surprised by that

+1

Pretty stunning. A very interesting investment of 90 minutes of my time this evening.

To summarize, I think I heard him say he was 50% cash plus 20% CDs — and this after an hour of defending the “4%/4.7% rule.”

I think I also heard him describe 3% as the “Methuselah”/PWR.

I had a different take...

Rather than "defending" his 4% rule, I heard him simply explain that if you happened to retire in the late 1960's when valuations and inflation were both very high, a 60-40 portfolio ONLY survived 30 years.

Note that this is a shockingly bad outcome given that even at a zero return you could last 25 years (e.g. 100/4 = 25)

He then observed that valuations and inflation are both very high today.

So his research is simply leading him to NOT invest at a time when the markets are exhibiting the same conditions that produced the worst outcome in 100 years.....

Sounds like a very logical application of his research findings to me....

All the best,

Craig Tester

[sleepysurf]

Final reminder for tomorrow's "Retired" Life Stage meeting. See details in posts above. If attending, make sure you've installed the latest Zoom update for your platform... https://zoom.us/download

Looking forward to a great Q&A session!

[boglehooligan]

I had a different take...

Rather than "defending" his 4% rule, I heard him simply explain that if you happened to retire in the late 1960's when valuations and inflation were both very high, a 60-40 portfolio ONLY survived 30 years.

Note that this is a shockingly bad outcome given that even at a zero return you could last 25 years (e.g. 100/4 = 25)

He then observed that valuations and inflation are both very high today.

So his research is simply leading him to NOT invest at a time when the markets are exhibiting the same conditions that produced the worst outcome in 100 years.....

Sounds like a very logical application of his research findings to me....

All the best,

Craig Tester

[ quote fixed by admin LadyGeek]

Yes that now makes sense why he said that.

But then yesterday Morningstar mentioned that growth and small cap are undervalued? https://youtu.be/UkgqjxcGlfA

[ResearchMed]

Bill Bengen's comments about his own "Risk Management" (aka "Market Timing") portfolio strategy is, surprisingly, very UN-Boglehead-ish. He apparently does not "eat his own cooking!"

Yes I agree I was quite surprised by that

+1

Pretty stunning. A very interesting investment of 90 minutes of my time this evening.

To summarize, I think I heard him say he was 50% cash plus 20% CDs — and this after an hour of defending the “4%/4.7% rule.”

I think I also heard him describe 3% as the “Methuselah”/PWR.

Did he indeed state that he is 50% cash/20% CDs?

That would be quite interesting...

If so, did he mention what the remaining 30% was?

RM

[sleepysurf]

Let's move further discussion about Bill Bengen's interview to this other thread on the same topic... viewtopic.php?t=382106

[ResearchMed]

Let's move further discussion about Bill Bengen's interview to this other thread on the same topic... viewtopic.php?t=382106

Done.

Sorry... didn't mean to hijack this thread!

RM

[LadyGeek]

Final reminder for tomorrow's "Retired" Life Stage meeting. See details in posts above. If attending, make sure you've installed the latest Zoom update for your platform... https://zoom.us/download

Looking forward to a great Q&A session!

The anonymized chat from last night's meeting, along with a concise summary of the chapters' meeting content is available in the blog: Virtual online chapter presentations

[sleepysurf]

Thank you LG for editing the chat and helping as moderator, along with my Co-Coordinators Robert and Henry, and everybody else! Thanks to all who participated with great questions. Looking forward to the continued growth of our "Retired" and all the other "Life Stage" Chapters.

[sleepysurf]

Our next "Retired" Life Stage Zoom meeting will be Wed, Oct 19, from 8 - 10 PM (Eastern)
5 PM Pacific | 6 PM Mountain | 7 PM Central | 8 PM Eastern

Format: Open Q&A session discussing a variety of topics, such as...
-Dealing with the current "Bear" market, inflation, rising interest rates, etc.
-Sharing "takeaways" from those who attended the prior weeks Bogleheads Conference in Chicago
-Whatever else is on participants minds!

Targeted audience: "Retired" Life Stage (but others always welcome)

To encourage open discussion (preferably with video), and protect participants privacy, the meeting will NOT be recorded.

The Zoom link will be posted in the BH Calendar of Events at least one week prior to the meeting.

[sleepysurf]

FYI, for those interested in participating, no need to "register" or "RSVP" this time around. Just show up .

Hosts/Moderators will call upon participants chronologically (preferably using Zoom's "raised hand icon"). Zoom link has been posted in the BH Calendar of Events.

[sleepysurf]

Just a quickie reminder about our "Retired Life Stage" Chapter meeting on Zoom, Wed 10/19, starting 8 PM (Eastern). These are challenging times for near/current retirees (those in accumulation stage too ), so lots to discuss!

Zoom link has been posted in the BH Calendar of Events.

If attending, make sure you've installed the latest Zoom update for your platform... https://zoom.us/download

[LadyGeek]

The anonymized chat is now available in the Bogleheads blog: Virtual online chapter presentations

[sleepysurf]

Wishing everybody Happy Holidays!

Our next "Retired" Life Stage Zoom meeting will be Tue, Jan 31, from 8 - 10 PM (Eastern)
5 PM Pacific | 6 PM Mountain | 7 PM Central | 8 PM Eastern

Format: Open Q&A session discussing a variety of topics, such as...
-Lessons learned in 2022
-How are you handling the decline in Total Bond Market (and similar)?
-Your thoughts on inflation, and also ? potential recession
-Whatever else is on participants minds

Targeted audience: "Retired" Life Stage (but others always welcome)

To encourage open discussion (preferably with video), and protect participants privacy, the meeting will NOT be recorded.

The Zoom link will be posted in the BH Calendar of Events in Jan.

[sleepysurf]

Just a quickie reminder about our "Retired Life Stage" Chapter meeting on Zoom, Tue 1/31, starting 8 PM (Eastern). Like last time, this will be an Open Q&A session. Given the current economic and investing outlook, we'll certainly have lots to discuss. Potential topics include...

• Lessons learned in 2022
• How are you handling the decline in Total Bond Market (and similar)?
• Dealing with inflation, and also ? potential recession
• Whatever else is on participants minds

Zoom link has been posted in the BH Calendar of Events.

If attending, please make sure you've installed the latest Zoom update for your platform... https://zoom.us/download

[sleepysurf]

Final reminder for tomorrow's Retired Life Stage meeting on Zoom, starting 8 PM (Eastern)

Looking forward to a great Q&A session!

Hosts/Moderators will call upon participants chronologically (preferably using Zoom's "raised hand icon"). Zoom link has been posted in the BH Calendar of Events.

[jaqenhghar]

Just wanted to say thank you to the organizers & participants for tonight's event. As always, it was top notch & spurred lots of thoughtful discussion & insights!

[LadyGeek]

I also enjoyed the meeting.

The anonymized chat is now in the wiki: Virtual online chapter presentations

The Chat link goes to the Bogle Center's SharePoint site. If you want to share the file, only use the link shown on the blog page. When you view the file in your browser, the link changes and won't work for anyone else. That's how SharePoint works.

The direct link to share is this one:

Code: Select all

https://boglecenter.sharepoint.com/:b:/s/Bogleheads/ESZnIMOfy2pKv03r86hGccsBwS-tt7MibFfdonHCN0pqBQ?e=4Fvevj

[sleepysurf]

Thanks everybody, including LG for the anonymized Chat, and our Co-Hosts/Moderators for their assistance, plus everybody else who asked/answered questions, or just lurked. We had over 90 participants at one point! Feel free to PM me with feedback (especially if critical), so we can continue improving next time around. Next quarterly meeting will be in April, but not sure if before or after tax day.

Stay tuned for updates.