Search found 2761 matches

by 22twain
Tue Apr 20, 2021 5:29 pm
Forum: Personal Investments
Topic: Fixed income bucket
Replies: 9
Views: 915

Re: Fixed income bucket

If they have 401(k) or 403(b) plans from their (former) employers, check for stable-value funds. Some of them still have decent yields. The one in my 403(b) has a guaranteed minimum of 3%. Otherwise, low-risk fixed-income vehicles have historically low yields pretty much across the board. They shoul...
by 22twain
Tue Apr 20, 2021 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring in Florida-Limited Requirements
Replies: 6
Views: 759

Re: Retiring in Florida-Limited Requirements

Gill wrote: Tue Apr 20, 2021 2:33 pm near Fort Lauderdale
The nearest Cleveland Clinic is in Weston, which borders on the Everglades west of Ft Laud. It's a good 30-45 minutes from the central part of Ft Laud beach, depending on traffic. I drove my mother there several times in the '90s-'00s.
by 22twain
Mon Apr 19, 2021 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a university/college for my son a future Computer Science Major
Replies: 208
Views: 16889

Re: Choosing a university/college for my son a future Computer Science Major

cableguy wrote: Mon Apr 19, 2021 5:13 pm Check out U of Maryland.
Kind of late in this year's admissions cycle, isn't it?

Check the dates on the posts in this thread, including the most recent ones.
by 22twain
Mon Apr 19, 2021 11:05 am
Forum: Personal Consumer Issues
Topic: downsize or remodel
Replies: 10
Views: 661

Re: downsize or remodel

1. Will my new neighbors use their 2 cycle gas powered leaf blower 7 days a week? 2. Will my new neighbors run their moto cross motorcycles up and down the street, fine tuning them, on Sunday mornings before going out for a day of riding? 3. Will the teenage kid down the block finally get his Dodge...
by 22twain
Mon Apr 19, 2021 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Permission to retire?
Replies: 38
Views: 6188

Re: Permission to retire?

Start tracking your expenses and trying to figure out your retirement spending. That's key. If all or most of your expenses flow through a checking account, you can quickly get a "top-down" view of your total current spending. Pick a year, say last year (2020). Look at your checkbook or s...
by 22twain
Sun Apr 18, 2021 3:32 pm
Forum: Investing - Theory, News & General
Topic: When can you put bonds in a taxable account?
Replies: 15
Views: 1878

Re: When can you put bonds in a taxable account?

Her taxable income was around 90K and her tax was $14K, so she paid 15% in taxes. However, when I looked at what the "tax rates" are for her level of income I see that it is 24% (a bit confusing). Are you familiar with how tax brackets work? It appears that she is in the 24% bracket, whic...
by 22twain
Sun Apr 18, 2021 12:11 am
Forum: Personal Consumer Issues
Topic: Travel to Vietnam, Thailand, or India
Replies: 72
Views: 5866

Re: Travel to Vietnam, Thailand, or India

I read an article today about the (bad) Covid situation in India, so I did a Google search for "covid india" just now. Even after having completed my vaccination process, I wouldn't want to go there for purely discretionary reasons in the near future. I didn't check the other countries.
by 22twain
Fri Apr 16, 2021 9:43 pm
Forum: Personal Investments
Topic: Anyone have experience with Suntrust?
Replies: 21
Views: 1873

Re: Anyone have experience with Suntrust?

You did look on their web site, right? I got a CD and checking account with them more than ten years ago, and still have the checking account. I never thought to use them for investments, so I looked just now. Best I can find is this page about self-directed investing. https://www.suntrust.com/inves...
by 22twain
Fri Apr 16, 2021 10:38 am
Forum: Investing - Theory, News & General
Topic: Future Market Expectations
Replies: 33
Views: 2055

Re: Future Market Expectations

Tamalak wrote: Fri Apr 16, 2021 7:40 am I expect low returns in the next 10 years.
Lots of people said the same thing after 2008-09.
by 22twain
Thu Apr 15, 2021 12:01 pm
Forum: Investing - Theory, News & General
Topic: For a 40/60 Allocation, what would you choose ?
Replies: 33
Views: 3511

Re: For a 40/60 Allocation, what would you choose ?

Vanguard LifeStrategy Conservative. 40% stocks, 60% bonds. I am transitioning to a "one-fund" portfolio, with everything in a single LifeStrategy fund, for the simplicity. Does simplicity trump the need for tax efficiency? Let's estimate the consequences of choosing simplicity. For me, th...
by 22twain
Thu Apr 15, 2021 2:44 am
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 20947

Re: For those retired or FI, how much do you spend annually?

Also note this thread, which started up while this one was dormant: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=345321 [Link broken, see below --admin LadyGeek] My responses are there, which is why I haven't posted here. [added: now I see that I have posted here after all. :wink: ]
by 22twain
Wed Apr 14, 2021 1:00 am
Forum: Investing - Theory, News & General
Topic: What's your definition of "Family Money"?
Replies: 47
Views: 5523

Re: What's your definition of "Family Money"?

revsk wrote: Mon Apr 12, 2021 11:00 pm have recently been told I have family money
It might be helpful to describe the circumstances or context in which you were told this.
by 22twain
Tue Apr 13, 2021 5:32 pm
Forum: Investing - Theory, News & General
Topic: What's your definition of "Family Money"?
Replies: 47
Views: 5523

Re: What's your definition of "Family Money"?

I think to be family money it is more than just inherited or expected to be passed down but also that the accounts are owned in trusts or entities that are joint to a number of individuals. This implies that no single person can just do something with all the money. There is an implication that thi...
by 22twain
Mon Apr 12, 2021 6:25 pm
Forum: Personal Investments
Topic: 400k to invest.
Replies: 4
Views: 738

Re: 400k to invest.

beacher500 wrote: Mon Apr 12, 2021 5:11 pm My fixed monthly costs will be about $200.00 plus fuel, food and any upkeep for tow vehicle and camper.
What are you doing for medical insurance? My Medicare premiums (part B, supplement and part D) are over $250 per month at 67.
by 22twain
Thu Apr 08, 2021 11:50 am
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 20947

Re: How much do you spend annually in retirement?

3k for food. I don't know how you do this for two people. If I buy fresh vegetables, fruit, fish, meat, butter, eggs, cheese and a bottle of wine, that's $150 per week for one person while keeping an eye on the budget, not free-wheeling. $7200 per year. How do you keep it to 3K? If you don't mind, ...
by 22twain
Wed Apr 07, 2021 10:30 am
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 20947

Re: How much do you spend annually in retirement?

We're retired, late 60s / early 70s, in a small town in the South, with a paid-off house. Last year we spent a total of about $53K, of which: $3K food (no eating out because of Covid) This is remarkable. Even the USDA “thrifty plan” adds up to over $4500 a year for a married couple age 51-70. What ...
by 22twain
Tue Apr 06, 2021 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 20947

Re: How much do you spend annually in retirement?

We're retired, late 60s / early 70s, in a small town in the South, with a paid-off house. Last year we spent a total of about $53K, of which: $8K income tax (fed + state) $12K donations (charitable + political) $7K Medicare premiums $9K housing-related (utilities, property tax, insurance, maintenanc...
by 22twain
Tue Apr 06, 2021 9:40 am
Forum: Personal Consumer Issues
Topic: Fidelity debit card question. When I use the atm it takes money out twice on the same date. Anyone else have this
Replies: 8
Views: 1028

Re: Fidelity debit card question. When I use the atm it takes money out twice on the same date. Anyone else have this

Is this a new account that's been acting like this from the beginning? Or is it an "old" account that previously behaved as you expected, but is now behaving differently?
by 22twain
Mon Apr 05, 2021 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else see drastic increase in Zillow value today?
Replies: 132
Views: 12758

Re: Anyone else see drastic increase in Zillow value today?

I noticed my Zillow home value increased by 20k this past month. From what? $20K on top of $100K is a big deal. $20K on top of $1 million, not so much. :wink: It looks like our house is up about $4K from the last time I looked, from $155K to $159K. The house next door sold last week for $228K compa...
by 22twain
Sun Apr 04, 2021 5:36 pm
Forum: Personal Investments
Topic: Can I makeup for previous low contributions? And review of new retirement plan.
Replies: 26
Views: 2243

Re: Can I makeup for previous low contributions? And review of new retirement plan.

I'm 29 years old. [...] Part 2. Can I "catch up" to missed years of low 401k contributions? I didn't even have an employer retirement plan, in my case a 403b, until I got my first real job at age 29, after finishing my PhD. That was 38 years ago, and I'm doing fine now, in my fifth year o...
by 22twain
Sun Apr 04, 2021 2:59 pm
Forum: Personal Investments
Topic: Where to go for cash position returns ?
Replies: 15
Views: 1053

Re: Where to go for cash position returns ?

Some people here like multi-year guaranteed annuities (MYGA). They're like CD's but with stiffer penalties if you "break" them before maturity, so you have to be willing to lock up the money for some number of years. You can use the forum search box to search for "MYGA". My "...
by 22twain
Sat Apr 03, 2021 7:52 am
Forum: Investing - Theory, News & General
Topic: What is so great about dividends? Alot of misinformation?
Replies: 219
Views: 44479

Re: What is so great about dividends? Alot of misinformation?

Zombie thread alert. Please look at the date on a post before you decide whether to respond to it. The current revivification started with a response to a ten-year-old post, and was followed by a response to a twelve-year-old post.
by 22twain
Thu Apr 01, 2021 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Yearly capital gains question
Replies: 3
Views: 451

Re: Yearly capital gains question

Last week I wrote a step-by-step example of calculating the tax on a combination of wages and long-term capital gains. You can use the same procedure. Simply lump any short-term capital gains together with wages into a single number. https://www.bogleheads.org/forum/viewtopic.php?p=5899389#p5899389 ...
by 22twain
Wed Mar 31, 2021 10:10 am
Forum: Personal Investments
Topic: Retire with Less Than $1 million?
Replies: 175
Views: 35893

Re: Retire with Less Than $1 million?

stocknoob4111 wrote: Tue Mar 30, 2021 10:11 pm ACA if your income is low enough... what I was wondering is if someone say retired at 50 with $800k and a $30k/yr withdrawal (3.75% SWR) and what was their experience.
One person or two?
by 22twain
Tue Mar 30, 2021 9:37 am
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 25386

Re: High spenders what do you spend on?

If I felt I could spare the money, I'd reserve a flight on Richard Branson's Virgin Galactic spaceship. 8-)

Currently $250K, but maybe they'll eventually do enough trips to bring the price down to something "affordable".
by 22twain
Tue Mar 30, 2021 7:48 am
Forum: Investing - Theory, News & General
Topic: Standard Deviation and %
Replies: 25
Views: 1938

Re: Standard Deviation and %

This is totally philosophical, but it bears pointing out that they squared that difference because some of them are negative. If you just added them all up, they would cancel each other out and you wouldn't learn anything. By squaring them, the negatives changed to positive. By taking the square ro...
by 22twain
Mon Mar 29, 2021 9:35 pm
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 25386

Re: High spenders what do you spend on?

You could spend eight years in a nursing home like my mother-in-law did. She stayed on private pay until the end, but still had some money and stock left over to pass on to my wife.
by 22twain
Mon Mar 29, 2021 10:39 am
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 25386

Re: High spenders what do you spend on?

Bill Gross (yes, the "bond king") spent a lot of money on his stamp collection. https://www.bloomberg.com/news/articles/2018-03-07/bond-guru-bill-gross-to-sell-42-2-million-stamp-collection On a somewhat lesser level, I've seen a lot of (presumably) very pricey collections exhibited at nat...
by 22twain
Mon Mar 29, 2021 10:24 am
Forum: Personal Investments
Topic: Why the International Total Stock Market piece?
Replies: 46
Views: 3655

Re: Why the International Total Stock Market piece?

The Total International stock component confuses me. Please tell me your take on the Total International Stock piece? See the can of worms you've opened? :twisted: You're fairly new here, so you probably hadn't noticed that "why international stock?" is one of the most frequently and inco...
by 22twain
Mon Mar 29, 2021 5:37 am
Forum: Personal Finance (Not Investing)
Topic: Estimating my future taxes in retirement
Replies: 12
Views: 1202

Re: Estimating my future taxes in retirement

Dividends from stock index funds are mostly or completely "qualified" dividends that are taxed at the same (lower) rate that long-term capital gains (LTCG) receive. Dividends from bond funds are not "qualified" and do not benefit from the lower LTCG tax rate. You may want to take...
by 22twain
Sun Mar 28, 2021 9:31 am
Forum: Personal Investments
Topic: Financial plan to make most money possible.
Replies: 32
Views: 2607

Re: Financial plan to make most money possible.

1) Don't get married That's true if you have to support your spouse financially, especially if you later divorce and you have to give up a chunk of your investments and/or pay alimony. However, if your spouse contributes more or less equally to your joint finances (e.g. housing), and can stand on h...
by 22twain
Fri Mar 26, 2021 5:08 pm
Forum: Personal Consumer Issues
Topic: Thoughts on selling a CD music collection....
Replies: 65
Views: 3693

Re: Thoughts on selling a CD music collection....

Lots of memories - Tower Records in NYC Village, J&R Music by City Hall... Aaahhh... I lived and taught in the Capital District for a couple of years in the 1980s, and made regular day- and weekend-trips down to the city to shop at Tower and J&R. I bought my first CD player at J&R in th...
by 22twain
Thu Mar 25, 2021 11:14 pm
Forum: Personal Consumer Issues
Topic: Digital persona - curating your online presence
Replies: 28
Views: 2079

Re: Digital persona - curating your online presence

why even have a Facebook account? I created a Facebook account only so I could follow the activities of some hobby-related organizations that maintain Facebook pages instead of public web sites. Originally I could read those pages without having a Facebook account, but at some point FB started to r...
by 22twain
Tue Mar 23, 2021 10:09 am
Forum: Investing - Theory, News & General
Topic: Question on Capital Gains and Tax Brackets
Replies: 22
Views: 1412

Re: Question on Capital Gains and Tax Brackets

Mr. Jones is single and has $42,400 in wages. Ugh, you changed this from $52,400 while I was calculating and writing up my answer. Naughty, naughty. Now I have to start all over again. :annoyed Here's my take on it. Corrections from the peanut gallery are welcome. The $12,400 standard deduction is ...
by 22twain
Mon Mar 22, 2021 5:54 pm
Forum: Investing - Theory, News & General
Topic: Anyone else hold >80% in Real estate?
Replies: 21
Views: 2237

Re: Anyone else hold >80% in Real estate?

Neus wrote: Mon Mar 22, 2021 8:00 am what’s your story?
What's your story?

I assume it has something to do with why you're asking this question. :wink:
by 22twain
Mon Mar 22, 2021 10:39 am
Forum: Personal Investments
Topic: Deciding on a portfolio/allocation
Replies: 22
Views: 1268

Re: Deciding on a portfolio/allocation

Note I added something to the end of my instructions while you were posting...
by 22twain
Mon Mar 22, 2021 10:24 am
Forum: Personal Investments
Topic: Deciding on a portfolio/allocation
Replies: 22
Views: 1268

Re: Deciding on a portfolio/allocation

(also I wish this forum had multiquote xD) It does! 8-) To use it, start a reply by clicking on the "Post Reply" button, way down at the bottom of a thread. You get an empty "Post a Reply" box, and below it, a scrollable "Topic Review" which shows the posts in the thre...
by 22twain
Mon Mar 22, 2021 9:22 am
Forum: Personal Investments
Topic: Bonds in retirement
Replies: 16
Views: 1309

Re: Bonds in retirement

climber2020 wrote: Mon Mar 22, 2021 7:35 am And here's a chart showing the growth of Total Bond over the last 10 years:

Image
Note the lower limit of the chart's vertical scale. If the lower limit were at zero, the chart would look a lot less scary. :wink:
by 22twain
Sun Mar 21, 2021 11:48 am
Forum: Investing - Theory, News & General
Topic: What is your Favorite Technical Indicator
Replies: 30
Views: 1792

Re: What is your Favorite Technical Indicator

Someone here used to occasionally post hilarious parodies of technical-speak. Whatever happened to him? Or is he still here, and I've somehow missed his recent creations? Stuff like this (my own crude imitation): "The upper and lower bounds of the fizzbin band are converging and will soon cross...
by 22twain
Sat Mar 20, 2021 10:10 am
Forum: Personal Investments
Topic: Investment Planning
Replies: 8
Views: 561

Re: Investment Planning

He's thinking in terms of gross income, you're thinking in terms of taxable income. $106K gross gives you about $81K taxable, after taking the standard deduction.
by 22twain
Wed Mar 17, 2021 5:32 pm
Forum: Personal Consumer Issues
Topic: What are your travel plans in 2021 and beyond?
Replies: 151
Views: 9934

Re: What are your travel plans in 2021 and beyond?

We've both had the second dose of the Moderna vaccine, so it should be fairly safe for us to travel this summer. My wife's 50-year college reunion was canceled (originally scheduled for June). My 45-year reunion last summer was canceled and combined with this year's reunion, then canceled again. I h...
by 22twain
Wed Mar 17, 2021 12:59 am
Forum: Personal Investments
Topic: Optimal Investment Location for COVID-19 stimulus & tax returns
Replies: 9
Views: 731

Re: Optimal Investment Location for COVID-19 stimulus & tax returns

Your tax return should be filed, not invested. Is this intended to communicate that I should not have returns left over as that’s a waste of savings that could’ve already been invested? He's hinting at the distinction between "tax return ", which is the document that you file with the IRS...
by 22twain
Tue Mar 16, 2021 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Should I open an account with a bank having a local branch?
Replies: 69
Views: 3731

Re: Should I open an account with a bank having a local branch?

I'm surprised nobody has mentioned safe deposit boxes yet. Have they become obsolete? Excellent point. My wife and I were indeed considering one to keep my wife's jewelry. Since we did not have a local BofA branch, we never really took any action. I just checked out credit union and they indeed off...
by 22twain
Mon Mar 15, 2021 11:24 pm
Forum: Personal Consumer Issues
Topic: FaceTime group call spam
Replies: 0
Views: 301

FaceTime group call spam

Has anyone here, who is in the Apple ecosystem, experienced FaceTime group call spam? https://arstechnica.com/gadgets/2021/03/if-youre-getting-bombarded-with-facetime-group-calls-youre-not-alone/ A couple of weeks ago, I started to get FaceTime calls from an unknown (to me) phone number in another t...
by 22twain
Mon Mar 15, 2021 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: [Third stimulus payment - mega-thread]
Replies: 366
Views: 26301

Re: Received 3rd stimulus check 3/12/21

Nacha, the organization that manages the ACH network, told CBS News that the IRS set the settlement date of March 17 for this first batch of payments. "This is the date on which the IRS will provide the funds to the banks and credit unions to further make available to recipients," Nacha sa...
by 22twain
Mon Mar 15, 2021 1:45 am
Forum: Personal Finance (Not Investing)
Topic: How quickly did you receive your 2020 tax refund?
Replies: 145
Views: 12341

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

E-filed via TurboTax: 2/25
Federal refund: 3/4
State (SC) refund: 3/9
by 22twain
Mon Mar 15, 2021 1:22 am
Forum: Personal Finance (Not Investing)
Topic: Should I open an account with a bank having a local branch?
Replies: 69
Views: 3731

Re: Should I open an account with a bank having a local branch?

HasHas wrote: Sun Mar 14, 2021 1:30 pm 1. In addition to MSG, are there any other situations in which having a brick and mortar bank close to you is better?
I'm surprised nobody has mentioned safe deposit boxes yet. Have they become obsolete?
by 22twain
Sun Mar 14, 2021 12:43 pm
Forum: Personal Investments
Topic: New to Indexing
Replies: 6
Views: 369

Re: New to Indexing

Any favorite adjunct funds that you like and use if you use additional funds to stay active in the market? I think you should find some other hobbies to be active in. :wink: Nevertheless, if you can't resist the urge to tinker with a small part of your portfolio, you'll find many discussions about ...
by 22twain
Sun Mar 14, 2021 1:08 am
Forum: Personal Consumer Issues
Topic: 3 days in Asheville NC -- end of march weekend
Replies: 39
Views: 3134

Re: 3 days in Asheville NC -- end of march weekend

Craggy Gardens Visitor Center on the Blue Ridge Parkway is a great spot with a scenic drive getting there. There's a relatively easy 45 minute hike nearby up to a terrific 360 degree panoramic overlook. My wife and I stopped there several years ago. I agree the view is great. The "overlook&quo...
by 22twain
Fri Mar 12, 2021 11:45 pm
Forum: Personal Consumer Issues
Topic: 3 days in Asheville NC -- end of march weekend
Replies: 39
Views: 3134

Re: 3 days in Asheville NC -- end of march weekend

The Moog factory reminds me of another tech-y attraction I saw a story about on TV a year or so ago and want to visit sometime: the Asheville Radio Museum. It's closed now because of the pandemic, but I'll mention it anyway for future reference.