Search found 3115 matches

by GerryL
Fri May 07, 2021 6:15 pm
Forum: Personal Consumer Issues
Topic: Do you still read the print newspaper?
Replies: 75
Views: 2462

Re: Do you still read the print newspaper?

My local paper weaned me off the print version when they went to 3-days a week + Sundays. They assured us that we could still read the digital version daily. And they kept raising the price. I cancelled the subscription and, when I was home, I would go walk to the near-by convenience store on Sunday...
by GerryL
Fri May 07, 2021 5:57 pm
Forum: Investing - Theory, News & General
Topic: Is it time to rethink automatic reinvestment of dividends in a taxable account?
Replies: 16
Views: 1446

Re: Is it time to rethink automatic reinvestment of dividends in a taxable account?

For 20+ years I had my taxable account set up for auto-reinvest. I knew nothing about what I was doing, just save, and save some more. So every month I auto-invested $100 from my paycheck, each quarter my dividends auto-reinvested, and a few times a year I added part of any bonuses I got. Once I ret...
by GerryL
Thu May 06, 2021 10:27 pm
Forum: Personal Investments
Topic: Buying Before Ex-Dividend Date
Replies: 14
Views: 854

Re: Buying Before Ex-Dividend Date

Since we're discussing ex-div dates ... I ran into a puzzling question today, and the guy on the phone at Schwab wasn't certain about the answer. Earlier this week I executed a transfer of some shares of company stock from my brokerage account at Vanguard to my nephew's account at Schwab. (Just 30 s...
by GerryL
Thu May 06, 2021 2:14 pm
Forum: Personal Investments
Topic: Retirees: Monthly vs Quarterly vs Annual Distributions
Replies: 61
Views: 3468

Re: Retirees: Monthly vs Quarterly vs Annual Distributions

I'm in the "as needed" camp, but so far I don't really need the RMD since my SS and some small income flows pretty much cover my expenses. And I keep plenty in cash to cover about 3 years worth of any gap. So my choice so far has been to move the RMD amount to cash in my IRA early in the y...
by GerryL
Thu May 06, 2021 1:46 am
Forum: Investing - Theory, News & General
Topic: How Do You React After a Market Decline?
Replies: 65
Views: 3553

Re: How Do You React After a Market Decline?

In 2008 I saw the panic around me. My portfolio had just gone over $1M, and then it was back down to six figures. People were saying it was going to get worse. You need to do something. But I had no idea what that something was. So I decided I would "embrace my ignorance" and just keep on ...
by GerryL
Wed May 05, 2021 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement - Spenddown planning
Replies: 37
Views: 2644

Re: Retirement - Spenddown planning

I don't mean to discourage you, but ... designing a plan that is more "comprehensive" is likely to lead to less accuracy with greater precision. Understood. I guess I'm in the "plans are worthless, planning in priceless" mindset. My goal is to have a clear plan that can serve as...
by GerryL
Tue May 04, 2021 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Convert Traditional IRAs to Roth IRAs, or Stand Pat?
Replies: 5
Views: 495

Re: Convert Traditional IRAs to Roth IRAs, or Stand Pat?

Your age and portfolio size and makeup are similar to mine when I retired 7 years ago, except that I am single. Since I was waiting until 70 to collect SS, I started to do some modest Roth conversions, even though I knew that the amount I planned to convert over the next 3 years was not going to mak...
by GerryL
Tue May 04, 2021 1:34 pm
Forum: Personal Consumer Issues
Topic: Streaming TV services?
Replies: 19
Views: 2103

Re: Streaming TV services?

Can you get a signal with an antenna? If so, you can avoid a monthly cable charge and maybe find enough of what you want to watch OTA (over-the-air). Add a Roku for even more options, if the Samsung Smart Hub doesn't offer the streaming apps you want. I recently replaced my Radio Shack rabbit ears w...
by GerryL
Tue May 04, 2021 1:12 pm
Forum: Personal Investments
Topic: Retirees: Distributions in down markets
Replies: 43
Views: 3029

Re: Retirees: Distributions in down markets

I keep enough in cash to cover the gap between income and expenses for several years. That means that if I need to take a distribution when the market is down, I can turn around and reinvest a chunk of it in my taxable account. So I may be selling at a low point, but I am also buying when prices are...
by GerryL
Sun May 02, 2021 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: What do you wish you knew before you retired you know now!
Replies: 84
Views: 12740

Re: What do you wish you knew before you retired you know now!

Retired 10 years. That life flys by in retirement, if you feel like doing something, do it. Money is not a main focus, good health and enjoying life are. “Don’t sweat the small stuff” Perfect Ditto On Health,Happiness,Family 10 stars out of 5 Life starts speeding by. Put off nothing if you want to ...
by GerryL
Sun May 02, 2021 4:21 pm
Forum: Personal Investments
Topic: What percent of Roth IRA should be in bonds if I am 38
Replies: 29
Views: 2251

Re: What percent of Roth IRA should be in bonds if I am 38

I think a better question would be "In which account(s) should I put the bond portion of my portfolio: tIRA, Roth or taxable?" The idea is to invest according to your preferred asset allocation based on WHEN you expect to tap each of the accounts. In my case, I am in my 70s and all of my n...
by GerryL
Sat May 01, 2021 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: What do you wish you knew before you retired you know now!
Replies: 84
Views: 12740

Re: What do you wish you knew before you retired you know now!

I've been sitting here considering this question. Frankly, I can't think of anything. I'm not suggesting I had everything all figured out, but let's say that the importance of being adaptable (at all ages) has been reinforced. Especially true in this past year. I thought I would spend more time on c...
by GerryL
Sat May 01, 2021 10:08 pm
Forum: Personal Investments
Topic: Any free Vanguard basic advisory services available anymore?
Replies: 2
Views: 613

Re: Any free Vanguard basic advisory services available anymore?

Are there any free advisory services that Vanguard provides? I have seen references to this in the past but cannot find anything on their web site. The only thing I can find is their Personal Advisor Service which is a fee-based service. Thanks! I've twice requested and gotten a portfolio evaluatio...
by GerryL
Sat May 01, 2021 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Did You Budget for Travel in Retirement?
Replies: 122
Views: 10589

Re: How Much Did You Budget for Travel in Retirement?

Initially, I mentally gave myself an allowance of $10k for travel. (Solo travel is not just 1/2 of coupled travel.) But as I got further into retirement and saw that I wasn't spending up to my overall target, I upped my travel allowance by 50%. It will go up again as things open up and I treat mysel...
by GerryL
Sat May 01, 2021 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Can we get tax deductions for Charitable Donations with Standard Deductions
Replies: 4
Views: 535

Re: Standard Deductions & Charitable Donations

Two things: There is a charitable deduction bump for non-itemizers in 2021. Unlike this year, it will not reduce AGI but will reduce taxable income. Also, for a couple filing MFJ, you get $600 you can take for 2021. Second thing, lots of folks in your boat “bunch” deductions so that they itemize ev...
by GerryL
Sat May 01, 2021 9:39 pm
Forum: Personal Consumer Issues
Topic: Questions for New York Times Subscribers
Replies: 42
Views: 3320

Re: Questions for New York Times Subscribers

jimjam600 wrote: Sat May 01, 2021 8:59 pm Call and tell them you want to cancel. They were quick to extend our subscription at $4 a month.
Yup. I'm on my 3rd year of the special 1-year promotion. In a few days I will see if this works for my WaPo subscription promo, which is set to expire.
by GerryL
Thu Apr 29, 2021 7:26 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads Guides - Books
Replies: 32
Views: 2002

Re: The Bogleheads Guides - Books

I've read all three. Gave the Guide to Investing to my nephew when he graduated from college shortly after the update. I recommend Guide to Investing to plenty of people, even those who are approaching retirement, because it has been updated, unlike Guide to Retirement.
by GerryL
Thu Apr 29, 2021 1:42 am
Forum: Personal Consumer Issues
Topic: Case for Storing IPhone Wired Earbuds?
Replies: 3
Views: 445

Re: Case for Storing IPhone Wired Earbuds?

I like this design. Wrap and clip. https://www.amazon.com/ELFRhino-Organizer-Earphone-Earphones-Headphone/dp/B0773LH4T9/ref=sr_1_12?crid=ZKBUOCQRNH5Y&dchild=1&keywords=ear+bud+storage+no+tangle&qid=1619631385&sprefix=ear+bud+storage+%2Caps%2C221&sr=8-12 I keep thinking about get...
by GerryL
Thu Apr 29, 2021 1:39 am
Forum: Personal Consumer Issues
Topic: Any Roku Users?
Replies: 4
Views: 1148

Re: Any Roku Users?

Another Roku tip I've learned from experience that may come in handy: Reboot. If something is not working right, try restarting the Roku. The audio on a program I was watching on Disney+ was out of sync. Like a badly dubbed foreign film. Then I noticed the same issue with the next thing I watched, b...
by GerryL
Mon Apr 26, 2021 2:30 pm
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 1157
Views: 54454

Re: Bird watchers – what birds are you seeing?

A couple of weeks ago I was sitting on my patio and spotted an unusual bird hopping between the shrubs. It was black and had a crest. I kept staring to capture it in my mind, and when I went back inside I searched online. The only match I could find was a phainopepla , and the images are exactly wha...
by GerryL
Sun Apr 25, 2021 2:49 pm
Forum: Investing - Theory, News & General
Topic: The comfort of "good enough"
Replies: 89
Views: 10646

Re: The comfort of "good enough"

I call it "embracing the good enough." That, along with my other guideline, "embracing my ignorance," pretty much summarizes my investment philosophy.
by GerryL
Sat Apr 24, 2021 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: How do you stop moving your goalpost ?
Replies: 88
Views: 7702

Re: How do you stop moving your goalpost ?

Pick a date?! No seriously, seems like you are going through the one more year (OMY) dilemma. Pick your target goals and when they are all ticked off, pull the trigger. My "goalpost" was a target at my job: Get that 3rd sabbatical. An evaluation of my portfolio indicated I could retire im...
by GerryL
Sun Apr 18, 2021 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap economic value by plan type?
Replies: 19
Views: 943

Re: Medigap economic value by plan type?

... I think it's a bad mistake to suppose that you know whether you are going to be a "high utilizer of medical services." You can eat right, keep fit, and still end up with snakebite and a $50,000 bill for antivenin. You buy insurance to protect against the unlikely, not the predictable....
by GerryL
Sun Apr 18, 2021 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap economic value by plan type?
Replies: 19
Views: 943

Re: Medigap economic value by plan type?

Edit: what is the benefit of a high-deductible Plan G? The OOP exceeds the savings in lower premiums, for policies available to me. Is that an anomaly? Are there other financial benefits I don't know about? Is it for subscribers who have no expectation of actually reaching the max OOP? The HD plans...
by GerryL
Fri Apr 16, 2021 8:23 pm
Forum: Personal Consumer Issues
Topic: Any Recommendations for Travel Insurance?
Replies: 7
Views: 655

Re: Any Recommendations for Travel Insurance?

I've been using Trip Insurance Store since finding the recommendation here on the BH Forum. (I think it was a recommendation by ResearchMed, as a matter of fact.) I go on the site and input my info to get a comparison chart to review and get an idea about which policy I might want. Then I call to di...
by GerryL
Fri Apr 16, 2021 2:44 pm
Forum: Personal Consumer Issues
Topic: Please suggest a docuseries to watch
Replies: 32
Views: 3121

Re: Please suggest a docuseries to watch

Here is an odd suggestion: Who Killed Little Gregory? on Netflix in 5 episodes. The murder of 4-year-old Gregory was a major unsolved crime in France decades ago. Over the years the story has repeatedly come back into the news when new evidence has come to light. I had read about it in French and co...
by GerryL
Mon Apr 12, 2021 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Unexpected interpretation of the SECURE Act 10-year inherited IRA drawdown
Replies: 8
Views: 1210

Unexpected interpretation of the SECURE Act 10-year inherited IRA drawdown

Saw this today in Investment News and figured it would be of interest to many people here. In late March, IRS released IRS Publication 590-B, which contains the tax rules on withdrawing funds from individual retirement accounts. Normally this is a wrap-up of rules to use as guidance in preparing tax...
by GerryL
Mon Apr 12, 2021 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Distributions - are they income tax-free if ... ?
Replies: 7
Views: 873

Re: Roth IRA Distributions - are they income tax-free if ... ?

My aunt has a Roth IRA she started outside of her employer back in 2000
This seems to be a non sequitur. All IRAs, traditional and Roth, as started outside of an employer. Or is there an instance I'm not familiar with?
by GerryL
Mon Apr 12, 2021 1:22 pm
Forum: Personal Consumer Issues
Topic: What do you do with well worn clothing?
Replies: 39
Views: 3294

Re: What do you do with well worn clothing?

I wear a lot of my stuff until it practically disintegrates. I cascade items from "best" to "okay for errands" to "house and yardwork only." If I decide I really can't wear something anymore (doesn't fit) or I have replaced it or I just don't want it, it goes to the ape...
by GerryL
Sun Apr 11, 2021 8:56 pm
Forum: Personal Consumer Issues
Topic: Flooring decisions for whole house - tile vs laminate
Replies: 31
Views: 3049

Re: Flooring decisions for whole house - tile vs laminate

My brother's fancy house is ALL tile downstairs. (Carpet upstairs.) Cold, noisy and hard on the legs and feet when you are preparing a holiday meal in the kitchen -- for hours. And if you drop a glass or dish, odds are very much against it surviving. In my house I have LVP (large, square tiles) in t...
by GerryL
Sun Apr 11, 2021 3:49 pm
Forum: Personal Consumer Issues
Topic: Would (did) you preemptively replace your Roof Shingles
Replies: 51
Views: 3577

Re: Would you preemptively replace your Roof

If your roof is nearing the end of it's estimated useful life, would you (have you) preemptively replace(d) it? Seems risky to wait for it to fail and run the risk of incurring additional expenses relating to fixing the damage from the failure. Some seem to suggest damage would be covered by insura...
by GerryL
Sun Apr 11, 2021 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Using only Fidelity for Retirement
Replies: 23
Views: 3509

Re: Using only Fidelity for Retirement

... Use this forum and an hourly fee-only advisor to help in your decumulation phase. Thanks for the replies. I was concerned that that was the answer. I am looking to simplify the process, what could an hourly fee-only do? Set up an annual plan? To be honest one of my concerns is a mental decline ...
by GerryL
Sat Apr 10, 2021 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend in retirement compared to before? Did you budget enough?
Replies: 13
Views: 1806

Re: How much do you spend in retirement compared to before? Did you budget enough?

I'm spending more now -- by choice. My basic living expenses have not changed all that much, but my "allowance" is bigger. Pre-Covid I was eating out more often than when I was working. And my spending on travel accounts for a chunk of the higher spend. I know that if I had to, I could eas...
by GerryL
Thu Apr 08, 2021 4:24 pm
Forum: Personal Investments
Topic: How to lose the desire of outperforming the market?
Replies: 112
Views: 7472

Re: How to lose the desire of outperforming the market?

Jack Bogle wrote a little book titled "Enough." Read it.

I think the key is redefining what winning means to you. Many/most people seem to think winning means "more." Get to where you see winning as having "enough."
by GerryL
Wed Apr 07, 2021 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a Supplement G Medicare Company
Replies: 15
Views: 1291

Re: Choosing a Supplement G Medicare Company

choral54 wrote: Wed Apr 07, 2021 4:54 pm Do I need to go through an agent to get a supplement plan?
No. You can call the company directly. Or even, maybe, fill out application on their website. I like calling and talking to a live person, just to get a feel for their definition of "customer service."
by GerryL
Wed Apr 07, 2021 2:15 pm
Forum: Personal Investments
Topic: How much cash do you really hold?
Replies: 91
Views: 6478

Re: How much cash do you really hold?

I keep a healthy cash stash that is built up from monthly income and dividends and RMDs that are not immediately reinvested. This is in checking, savings and CDs. I don't count this cash as part of my portfolio, but if it gets too bulked up, I will move some to the Balanced Index Fund in taxable, at...
by GerryL
Wed Apr 07, 2021 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a Supplement G Medicare Company
Replies: 15
Views: 1291

Re: Choosing a Supplement G Medicare Company

Thank you for all of your responses. I have found a company through the Iowa Retired Teachers website that has a good rate. It is Accendo, but I don't know if I should be leery because it has only been in existence for a year. I understand it is affiliated with Aetna. Any thoughts about this situat...
by GerryL
Tue Apr 06, 2021 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 21593

Re: How much do you spend annually in retirement?

Well, this year so far, when charitable giving is excluded, I haven't even spent $1500 a month, so .... Significantly below my target spend. Many of us on this forum are in the situation to be able to spend what we need to spend, and those of us who are naturally frugal can also spend what we want t...
by GerryL
Tue Apr 06, 2021 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus as only income eligible for IRA contributions?
Replies: 4
Views: 335

Re: Bonus as only income eligible for IRA contributions?

Take5Man wrote: Tue Apr 06, 2021 1:01 pm thanks for the answers..I kinda / sorta knew the bonus (supplemental income) would be considered W-2 since normal federal taxes are taken out.
My very last Roth IRA contribution was the pro-rated bonus I got about 9 months after I retired.
by GerryL
Tue Apr 06, 2021 1:49 pm
Forum: Investing - Theory, News & General
Topic: The Emotional Side of Investing
Replies: 28
Views: 2643

Re: The Emotional Side of Investing

When I sell off my company shares, I do it by limit-order. So I am selecting a price that will satisfy me. On occasion the price has shot up over night and I end up getting more than what I expected. ("Oh, isn't that nice.") On other occasions I have gotten my designated price and then the...
by GerryL
Tue Apr 06, 2021 1:40 pm
Forum: Personal Consumer Issues
Topic: binoculars advise
Replies: 29
Views: 1754

Re: binoculars advise

All good suggestions so far. Just be aware if you go to a big store with very bright, excellent lighting, it will be difficult to really discern the differences in optical quality between models. It is a good chance to ensure fit, grip, size, are all to your liking. The really good (expensive) glas...
by GerryL
Tue Apr 06, 2021 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a Supplement G Medicare Company
Replies: 15
Views: 1291

Re: Choosing a Supplement G Medicare Company

In Oregon it is possible to switch to a lower level plan without underwriting. It also depends on the company. I had Plan N with Blue Cross/Blue Shield (BCBS). They would not let me switch from Plan N to Plan F without going through underwriting. Talking to Humana (where I had my Part D) I learned ...
by GerryL
Mon Apr 05, 2021 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a Supplement G Medicare Company
Replies: 15
Views: 1291

Re: Choosing a Supplement G Medicare Company

When I decided on a plan, I checked each of the lowest cost companies' websites. (If they had one. If they didn't, I knocked them off the list.) I narrowed it down to 3 and called each. My goal was to see what it was like dealing with them, online and on the phone. I was on F-HD for five years and j...
by GerryL
Mon Apr 05, 2021 3:06 pm
Forum: Personal Consumer Issues
Topic: binoculars advise
Replies: 29
Views: 1754

Re: binoculars advise

A few years back I was looking for a smaller binocular that I could easily pack for air travel. (I always take a small suitcase and a carryon.) I visited any store nearby that carried binoculars and tried out at least a dozen products in the price range you are looking at. Finally settled on Nikon P...
by GerryL
Mon Apr 05, 2021 2:52 pm
Forum: Personal Consumer Issues
Topic: Buying pantry items in bulk
Replies: 22
Views: 1935

Re: Buying pantry items in bulk

I was in the habit of buying my brown rice from the grocery store bulk bins -- moderate quantities since I am a solo and brown rice can go rancid. (I store it in fridge.) With the start of the pandemic, bulk bins were taken out, and shelves were bare of all rice. I found a 5lb bag of Nishiki brown r...
by GerryL
Mon Apr 05, 2021 2:33 pm
Forum: Investing - Theory, News & General
Topic: The Vanguard global 60/40 balanced fund thread - give us your thoughts!
Replies: 16
Views: 1629

Re: The Vanguard global 60/40 balanced fund thread - give us your thoughts!

My taxable is in the 60/40 Balanced Index Fund, but my retirement accounts are set up in a 60/40 basic 4-fund model, with enough of the stock in international to bring my overall portfolio to the VG-recommended to 40%. It would be convenient to put the traditional IRA all into a single fund, but my ...
by GerryL
Sun Apr 04, 2021 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: RMD(s) for Traditional IRA and Rollover IRA?
Replies: 10
Views: 899

Re: RMD(s) for Traditional IRA and Rollover IRA?

Why not just combine the two t-IRA's into one account? What's the point of maintaining two t-IRA's? That would simplify things considerably. To my knowledge, there is no advantage in maintaining multiple t-IRA accounts. Calling one t-IRA account a "rollover" is meaningless. Unless you are...
by GerryL
Thu Apr 01, 2021 6:14 pm
Forum: Personal Consumer Issues
Topic: Is it time to replace my Roku 3?
Replies: 18
Views: 1265

Re: Is it time to replace my Roku 3?

What is a Roku 3? I don't see numbered devices on the Roku site? A couple of years ago I decided to try out a Roku and went with the lowest-priced model, Roku Express. It's been working just fine for my needs, but on several occasions I have found that the sound is out of sync with the picture and e...
by GerryL
Thu Apr 01, 2021 5:59 pm
Forum: Personal Investments
Topic: Personal Rep from vangusrd
Replies: 7
Views: 610

Re: Personal Rep from vangusrd

So I got an email from an individual who said he was a vanguard personal representative. He said he has a few account specific items he wants to discuss. The email looks official. I have been a Vanguard customer for 35 years and have never been contacted to assist me in meeting my financial goals. ...
by GerryL
Thu Apr 01, 2021 5:56 pm
Forum: Personal Consumer Issues
Topic: Laser Printer: Buy a New One?
Replies: 54
Views: 4049

Re: Laser Printer: Buy a New One?

For many years I've had an HP LaserJet 1020 printer. Any thoughts on a replacement printer which hopefully won't develop paper-feed issues after a few years of light use? A few years? It's probably about 10-15 years old, right? And it was probably about $100 when new. You've gotten your money's wor...