Search found 6477 matches

by Dandy
Mon Apr 19, 2021 6:08 pm
Forum: Investing - Theory, News & General
Topic: “Take risk on equity side”
Replies: 57
Views: 4319

Re: “Take risk on equity side”

Don't chase yields? Don't buy bonds/bond funds that are/have a lot of low rated bonds? Your fixed income assets should be low to medium risk.
by Dandy
Mon Apr 19, 2021 6:03 pm
Forum: Personal Investments
Topic: Reinvest v Transfer to settlement fund
Replies: 9
Views: 445

Re: Reinvest v Transfer to settlement fund

It is a reasonable approach. It does require you to reinvest them but that shouldn't be a major problem. I did that with my taxable account which is equity heavy and large cap gains. I'm in retirement and don't want an aggressive allocation.
by Dandy
Sun Apr 18, 2021 10:17 am
Forum: Personal Investments
Topic: Lower bond percentage after you won the game?
Replies: 62
Views: 7323

Re: Lower bond percentage after you won the game?

When you have more than won the game you have the ability to take more risk -- the question is what is the need to take more risk. Money for heirs, buy a mansion, etc. With the asset base you have and project even a modest allocation will likely do very well. Alas, we can't take it with us - so eval...
by Dandy
Sun Apr 18, 2021 10:01 am
Forum: Personal Investments
Topic: What does "won the game stop playing" mean in practice?
Replies: 120
Views: 8907

Re: What does "won the game stop playing" mean in practice?

To me it means you are no longer in the growth mode with higher returns and risk -- you should be more in the asset preservation mode with a more moderate allocation. When I was in my 60's and retired I didn't know what allocation made sense. Dr. WM Bernstein I believed coined the above phrase and s...
by Dandy
Thu Apr 15, 2021 8:12 am
Forum: Investing - Theory, News & General
Topic: "Mortage is a negative bond" - please help me understand
Replies: 202
Views: 10694

Re: "Mortage is a negative bond" - please help me understand

I tend to keep things as they really are. Debt is debt whether it is a mortgage, school loan or car loan. You should take your entire financial picture into account when determining your investment allocation. e.g. a person with a lot of debt might want to keep a bit more assets in fixed income. Sam...
by Dandy
Wed Apr 14, 2021 6:20 am
Forum: Personal Investments
Topic: Multiple years of expenses in cash when starting retirement
Replies: 104
Views: 8070

Re: Multiple years of expenses in cash when starting retirement

Always had some allocation to cash, cash-like assets, changed taxable equities to cash vs reinvest, severance from forced early retirement, later a small inheritance, and knowing last employment was on shaky ground increased cash holdings e.g. banked most of bonuses vs spending or investing them.
by Dandy
Mon Apr 12, 2021 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Pre-retirement checklist, what is on yours?
Replies: 77
Views: 9177

Re: Pre-retirement checklist, what is on yours?

One surprise for me was dental expenses. I have good retirement health coverage from employer and Medicare but oh those dental expenses are on me. I had 3 crowns in the first few years and my wife has major dental issues - the latest will cost about 20k. Make sure to get a dental checkup and tell th...
by Dandy
Sun Apr 11, 2021 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 11223

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

In his PBS TV specials he seemed to say convert all your TIRA to Roth IRA which seems too simplistic. I was forced to retire at age 60 and wanted to delay SS until 70. Like most Bogleheads I had saved/invested a decent amount and had mostly appreciated equities in my taxable account and had a large ...
by Dandy
Sat Apr 10, 2021 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawal Frequency in Retirement
Replies: 22
Views: 1740

Re: Withdrawal Frequency in Retirement

Do people who are retired keep that same 10-15 years spending in fixed income the whole way. For example would you do that if you started that way at age 60 but now you are 80, of if you are 90? How does that work? I roughly follow Dr Wm Bernstein's idea of keeping 20 or more years of draw down dol...
by Dandy
Sat Apr 10, 2021 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawal Frequency in Retirement
Replies: 22
Views: 1740

Re: Withdrawal Frequency in Retirement

I have pension and SS sent to an online savings account that also has other savings. Twice a month I have money automatically sent to my checking account that approximates our normal monthly expenses. It acts like a bimonthly paycheck that I used to get. Also, most of my bills come due mid month or ...
by Dandy
Sat Apr 10, 2021 11:30 am
Forum: Personal Investments
Topic: Protect savings from imminent inflation?
Replies: 29
Views: 2994

Re: Protect savings from imminent inflation?

A decent equity allocation, a decent allocation to inflation protected bonds, and delaying collecting SS as long as you can.
by Dandy
Thu Apr 08, 2021 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Job Satisfaction vs Maximizing Income
Replies: 87
Views: 5886

Re: Job Satisfaction vs Maximizing Income

A work career can be 30 or 40 years, 5 days a week, 8 or more hours a day plus commute. Having a job that is satisfying would have been my choice assuming it paid a decent salary. Most of my jobs were ok but when the job and or the situation was not good -- I hated to go to work -- Sunday nights wer...
by Dandy
Thu Apr 08, 2021 7:55 am
Forum: Investing - Theory, News & General
Topic: Are international bonds worth it?
Replies: 6
Views: 942

Re: Are international bonds worth it?

I view bonds and other fixed income as a means of mitigating portfolio risk, having some safer assets to fund expenses should equities take a big hit so I don't have to sell them, provide modest income and a source of money to rebalance my portfolio. I think there are very many US based fixed income...
by Dandy
Sun Apr 04, 2021 7:23 pm
Forum: Personal Investments
Topic: Best all-in-one, set it and forget portfolio?
Replies: 36
Views: 3162

Re: Best all-in-one, set it and forget portfolio?

I guess a TD fund starting with the overall allocation that fits your risk vs the published TD year.
by Dandy
Sun Apr 04, 2021 4:45 pm
Forum: Personal Investments
Topic: How to carefully transition from accumulation to withdrawal
Replies: 11
Views: 1682

Re: How to carefully transition from accumulation to withdrawal

Retirement withdrawals will likely make you feel different about your finances. No more salary, contributions, company matches -- now when the market drops and your nest egg is down you will be withdrawing money-- that feels a lot different facing decades of retirement - and it sinks in that the pot...
by Dandy
Sun Apr 04, 2021 4:35 pm
Forum: Personal Investments
Topic: Where to go for cash position returns ?
Replies: 15
Views: 1043

Re: Where to go for cash position returns ?

Cash is returning extra low now but it was never a real winner even when rates were higher -- so was inflation. Cash is for safety not for much return. You can go searching for a bank or credit union that is paying a bit higher but it is probably not going to be really much higher than 1/2%. And tho...
by Dandy
Sun Apr 04, 2021 4:22 pm
Forum: Personal Investments
Topic: AA for someone 2 years from retirement
Replies: 47
Views: 4788

Re: AA for someone 2 years from retirement

What percent of your investments will you have to withdraw to fund your retirement? If less than 4% you are in good shape and don't have a major need to have an aggressive overall allocation.

You need to give your age, investment total etc. to get a better overall answer.
by Dandy
Sun Apr 04, 2021 7:27 am
Forum: Personal Investments
Topic: Bonds vs Cash in a very low interest rate world
Replies: 51
Views: 6706

Re: Bonds vs Cash in a very low interest rate world

I retired and my fixed income is allocated 1/4 No loss (FDIC products/money market funds), 1/4 short term bond funds, and 1/2 intermediate bond funds. In the mix are treasuries, inflation protection, tax free and some intermediate are part of balanced funds.

My overall allocation is about 48/52.
by Dandy
Sat Apr 03, 2021 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Private School - financially irresponsible?
Replies: 213
Views: 16741

Re: Private School - financially irresponsible?

We didn't do it but had decent school system. I also was very frugal (maybe cheap). The advantages of a private school 1. might have more individualized attention e.g. smaller classes 2. might have better teachers - assuming pay and benefits are better 3. might make better career or other contacts e...
by Dandy
Sat Apr 03, 2021 6:51 am
Forum: Personal Investments
Topic: Dollar Cost Average Vs Lump Sum
Replies: 13
Views: 1166

Re: Dollar Cost Average Vs Lump Sum

Since stock markets usually rise over time --most times lump sum wins -- over time. Sitting on the sidelines waiting for the market to drop -- could be a long wait or a lifetime wait. Here's what I've done - put a decent amount lump sum according to your planned allocation - say 25% - automate a dec...
by Dandy
Sat Apr 03, 2021 6:34 am
Forum: Personal Investments
Topic: Lump sum vs. Annuity...it's time to decide - need some help!
Replies: 26
Views: 2500

Re: Lump sum vs. Annuity...it's time to decide - need some help!

I favor maximizing retirement income for both husband and wife and less reliance on investments in most cases. Your pension is a decent amount and will pass onto wife 100% if you die first. That is a very good deal. I'd consider waiting until age 70 to collect SS - the beauty of that is that is if y...
by Dandy
Fri Apr 02, 2021 1:04 pm
Forum: Personal Investments
Topic: Lower bond percentage after you won the game?
Replies: 62
Views: 7323

Re: Lower bond percentage after you won the game?

After you have won the game you could raise your over risk allocation. But you should consider the need to add risk to your overall portfolio (while keeping a nice level of bonds). If you still have expensive bucket list expenditures -- why not. If you are just trying to run up the number -- maybe n...
by Dandy
Thu Apr 01, 2021 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Do you trust the current value of your portfolio?
Replies: 130
Views: 9298

Re: Do you trust the current value of your portfolio?

A lot depends on your age, investment allocation, and your withdrawal percentage to fund your normal expenses on top of any pension and SS. e.g. a very high equity allocation, retiring at 55, and need to withdraw 5% is riskier than if you were 65 and had a modest equity allocation and need with with...
by Dandy
Wed Mar 31, 2021 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Spending money and living now VS saving and living better later?
Replies: 82
Views: 17330

Re: Spending money and living now VS saving and living better later?

I can relate to this issue. I used to be very tight with spending while younger and saving for retirement. I finally decided that I should and could gradually increase our standard of living and I am so glad I did. Better/safer used car, nice family vacation, eating out a bit more, a new car instead...
by Dandy
Wed Mar 31, 2021 6:24 am
Forum: Personal Investments
Topic: Good Pension and asset allocation
Replies: 31
Views: 2883

Re: Good Pension and asset allocation

Should I view my pension as a "bond" and invest the portfolio, 100 percent in equities?
I believe that a moderate investment allocation is all you need to have a great outcome with much less risk.
by Dandy
Tue Mar 30, 2021 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Retirement: Pension or lump sum ?
Replies: 30
Views: 3054

Re: Retirement: Pension or lump sum ?

Retirement planning isn't only about minimizing taxes while that is very important. To me, especially for those with substantial assets, a key is to try to insure a secure retirement -- assets, income, health insurance, etc. under almost any future risks. It can be a different approach from the accu...
by Dandy
Thu Mar 25, 2021 10:47 am
Forum: Personal Investments
Topic: Should I be worried about inflation?
Replies: 3
Views: 427

Re: Should I be worried about inflation?

you are in enviable shape. But don't confuse USA inflation with your personal inflation. Having COLA pension and SS and great health care probably protects you from both. Floods, hurricanes, tornado's, law suits, fire, fraud etc. could still cause issues. But, if I were you I would sleep well.
by Dandy
Thu Mar 25, 2021 8:15 am
Forum: Personal Investments
Topic: Advice on not stressing closer to retirement
Replies: 62
Views: 3790

Re: Advice on not stressing closer to retirement

I’m comfortable with my current 63/37 allocation Maybe not. The allocation while employed and having a salary and company matches, and contributions changes to withdrawals from your nest egg in retirement- which is and feels a lot different -- especially when your nest egg is shrinking due to marke...
by Dandy
Mon Mar 22, 2021 3:09 pm
Forum: Personal Investments
Topic: Pre-retirement to-do list
Replies: 31
Views: 3551

Re: Pre-retirement to-do list

I retired 13 years ago and had work related numbers and emails but few personal ones. There were people that I would have liked to stay in touch with but that was difficult or didn't happen. Work provided a lot of informal social interactions that I took for granted lunches, walks, meetings -- retir...
by Dandy
Mon Mar 22, 2021 6:34 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement before vs. after buying a house
Replies: 19
Views: 1776

Re: Early retirement before vs. after buying a house

I would stay employed until all your housing is settled.
by Dandy
Sat Mar 20, 2021 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Starting a new job and unsure which health plan to pick. First time doing this. Any suggestions?
Replies: 30
Views: 1494

Re: Starting a new job and unsure which health plan to pick. First time doing this. Any suggestions?

Details are important so by all means get more of them. But PPO's do provide at least some coverage for out of network providers. Most other plans like an HMO you are probably not covered by providers outside their network. An exception could be a specialty that the HMO doesn't have expertise in --b...
by Dandy
Sat Mar 20, 2021 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Starting a new job and unsure which health plan to pick. First time doing this. Any suggestions?
Replies: 30
Views: 1494

Re: Starting a new job and unsure which health plan to pick. First time doing this. Any suggestions?

If you can afford it I'd suggest the PPO. When you have a serious health issue you want to see the best medical professional you can not the best in plan. To me it wasn't about the cheapest cost but the best options when it really counts. e.g. a family member was diagnosed with cancer and was set to...
by Dandy
Sat Mar 20, 2021 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Retire in early 40s?
Replies: 53
Views: 7884

Re: Retire in early 40s?

Your asking your portfolio to support you for up to 45 years or more -- hard to predict success the longer the time frame. Also, declining skills? if you need to return to work down the road? Health and health insurance now and down the road? You won't have much income help from Social Security. In ...
by Dandy
Wed Mar 17, 2021 12:29 pm
Forum: Investing - Theory, News & General
Topic: Hitting your numbers. How to estimate when you have enough.
Replies: 175
Views: 20039

Re: Hitting your numbers. How to estimate when you have enough.

I would never go a day without health insurance if possible. When my daughter got her first job her health insurance coverage didn't start for 2 months. We bought coverage for those 2 months and she was in very good health.
by Dandy
Wed Mar 17, 2021 9:11 am
Forum: Investing - Theory, News & General
Topic: Hitting your numbers. How to estimate when you have enough.
Replies: 175
Views: 20039

Re: Hitting your numbers. How to estimate when you have enough.

My approach: Estimate your yearly drawdown dollars needed to supplement any pension, SS, annuities etc. to get to your normal expense run rate. That should leave an ability to trim expenses a bit if needed. Have a moderate allocation --say somewhere between 40/60 and 60/40. Be in your 60's with heal...
by Dandy
Wed Mar 17, 2021 8:44 am
Forum: Investing - Theory, News & General
Topic: LT Treasuries or LT TIPS for early retirees?
Replies: 35
Views: 2157

Re: LT Treasuries or LT TIPS for early retirees?

I'm no fixed income expert. I don't favor longer term bonds of any kind, especially with interest rates at historic lows. I do have some allocation to the intermediate TIPS and Treasury Funds as well as balanced funds that allocate to intermediate bonds. So intermediate fixed income accounts for abo...
by Dandy
Tue Mar 16, 2021 1:15 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Based on Years to and Expected Need for Retirement
Replies: 29
Views: 2603

Re: Asset Allocation Based on Years to and Expected Need for Retirement

13 years retired at age 73. Was forced to retire at age 52 in 2000 with health insurance coverage and moderate pension. Also got additional 16 months salary and decent one time payment. Was forced to retire from second job at age 60 and received decent one time payment. wife collected SS at age 62 (...
by Dandy
Tue Mar 16, 2021 8:09 am
Forum: Personal Investments
Topic: Invest in market or hold cash?
Replies: 22
Views: 2757

Re: Invest in market or hold cash?

A lot depends on age and whether you are on track to reach your number close to desired retirement age. Usually, investing is the best answer. On the other hand things like debt reduction should be considered. Also, are there things that could increase your safety or efficiency? e.g. a newer car wit...
by Dandy
Wed Mar 10, 2021 8:43 am
Forum: Personal Investments
Topic: Where do you keep your emergency fund?
Replies: 45
Views: 3584

Re: Where do you keep your emergency fund?

Saving account, checking account (with interest), Ltd Term Tax exempt, CDs, Short Term Treasury Fund have all been used to keep E fund assets - money markets used to be used more when interest rate was more than .01%.
by Dandy
Tue Mar 09, 2021 6:50 am
Forum: Personal Finance (Not Investing)
Topic: How quickly did you receive your 2020 tax refund?
Replies: 137
Views: 11635

Re: How quickly did you receive your 2020 tax refund?

E filed Federal the afternoon of 2/24 received "notice" of refund in my checking account on 3/2 and reflected in the account on 3/3. Never had such a quick refund and was expecting it to take weeks/months.

Haven't heard anything about state refund.
by Dandy
Tue Mar 09, 2021 6:42 am
Forum: Personal Investments
Topic: setting allocation across all accounts
Replies: 9
Views: 653

Re: setting allocation across all accounts

I favor having a bit of both fixed income and equities in all type of accounts. In taxable you can use muni funds for some/all of your fixed income to mitigate taxes. Having all fixed income in your IRA really limits growth and for many that account is often a major asset since people often contribu...
by Dandy
Mon Mar 08, 2021 12:08 pm
Forum: Investing - Theory, News & General
Topic: Risk tolerance
Replies: 59
Views: 4423

Re: Risk tolerance

Risk tolerance pre retirement is often higher than when retired but many are less aware of that. Having a salary, a bonus, a company match to your contributions etc. tends to tame the urge to panic a bit when the market tanks and the market news is all bad. I kept on investing during the market drop...
by Dandy
Sat Mar 06, 2021 8:06 am
Forum: Investing - Theory, News & General
Topic: Bond Asset Allocation % include/exclude Emergency Fund
Replies: 63
Views: 3606

Re: Bond Asset Allocation % include/exclude Emergency Fund

In an emergency all your assets can come into play not just those you tagged as an emergency fund. I always counted all my financial assets in my allocation. I always had cash and cash like assets to cover most emergencies. But, also had a no cost (until used)Home Equity Line of Credit. I rarely had...
by Dandy
Tue Mar 02, 2021 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union Financial Performance Report - does it look ok?
Replies: 25
Views: 1338

Re: Alliant Credit Union Financial Performance Report - does it look ok?

Check their ratings/reviews on depositaccounts.com. I've used them for several years and have no issues.
by Dandy
Tue Mar 02, 2021 12:48 pm
Forum: Investing - Theory, News & General
Topic: How crazy is it to hold 100% equities until retirement? (ERN)
Replies: 540
Views: 21865

Re: How crazy is it to hold 100% equities until retirement? (ERN)

A very long bull market dulls the risk sensitivity for most. Is there really a need to take this much risk so close to retirement?

As mentioned people aren't always in charge of when they retire - increasingly your boss is. Happened to me twice. :oops:

Good luck
by Dandy
Mon Mar 01, 2021 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Relocation to Florida for retirement
Replies: 55
Views: 6810

Re: Relocation to Florida for retirement

My parents located to Ft Lauderdale many years ago and enjoyed life there. I'd suggest renting first since some find the heat and humidity difficult to adjust to. I think you can adjust to it but it can take some time. Since I visited them in the summer I only experienced the peak of summer heat and...
by Dandy
Sat Feb 27, 2021 9:41 am
Forum: Personal Investments
Topic: Stick with Bond AA or 10 Years Living Expenses?
Replies: 31
Views: 1770

Re: Stick with Bond AA or 10 Years Living Expenses?

A mix of short and intermediate bond funds and some cash assets is what my fixed income assets are. Rising rates hit the bond funds a bit but usually have a slight positive impact on cash assets--eventually - at least they hold their value.
by Dandy
Fri Feb 26, 2021 10:09 am
Forum: Personal Investments
Topic: Stick with Bond AA or 10 Years Living Expenses?
Replies: 31
Views: 1770

Re: Stick with Bond AA or 10 Years Living Expenses?

A lot depends on the need for growth vs the desire for growth. It is a difficult transition from decades of investing for growth to "settle" for less growth/less risk. A lot depends on your key financials i.e. what is your withdrawal rate, have you reached your "number", will you...
by Dandy
Wed Feb 24, 2021 8:25 am
Forum: Personal Investments
Topic: Advice on how to ease the anxiety of deciding to retire.
Replies: 91
Views: 10532

Re: Advice on how to ease the anxiety of deciding to retire.

Very common fret about leave working for retirement. I had no choice but in talking to those that did most were afraid to pull the trigger --yet most soon became not only at peace but really started to enjoy travel, hobbies, time with family etc. Some did some volunteer work. Can't remember a person...
by Dandy
Sun Feb 21, 2021 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Revealing net worth
Replies: 251
Views: 16561

Re: Revealing net worth

It's really not "all or none" (i.e. revealing all now vs. them having to "figure it all out" later). The third option is to simply maintain a concise summary of your assets (account numbers and custodians, etc.) and let your kids (or, better yet, just your DPOA and nominated exe...