Recent content by JWR1945

For Mugs: I recommend against paying anywhere near 1.0% to 1.5% in management fees. You need a custodian to handle retirement accounts. Pay Vanguard or some other low cost provider to handle the account, but direct the money yourself. I recommend that you build a TIPS ladder within your...

Yes, 25 times the money needed will last 33 years. With care, you should be able to make it last indefinitely. You can expect to have added to principal at year 33. Here is how: TIPS at 2.0% interest can provide 4.0% (plus inflation) for 35 years before running out of money. You should be...

So what will I do? I will tell you something more about the financial side of Retiring Early. It may help your thinking if you determine what your $1.6 million means as an income stream. I have written a couple of articles that you might find useful. They identify baseline amounts that you can...

Welcome back. John Russell

I had used a withdrawal amount of $75000, not $78000, with an initial balance of $1000000. I looked at 50% stocks and at 75% stocks. I put the inflation adjustment button on NONE instead of the CPI or PPI. I left everything else at their default settings. When I increase the withdrawal...

A smooth talker could easily suggest withdrawing 7.8%. He would talk in terms of post World War 2 stock market data and nominal dollars (i.e., not adjusted to keep up with inflation). A 30-year withdrawal rate of 7%+ is a common result when there are NO ADJUSTMENTS FOR INFLATION as with most...

I have looked into this matter on my own. Visit my Notes section and scroll down to If You Don’t Want to Wait. I have written several articles, beginning with You Can’t Count on 7%. Notes Section Have fun. John Walter Russell

I am seeing a lot of arrogance and ignorance. People should not be surprised to learn that the gods that they create out of their own imaginations do not exist. Actually looking into the facts, the evidence is overwhelming: Michael is right. Have fun. John Russell

John Hussman has written an outstanding article. It is the price to dividends ratio, not price to earnings, that stands at 54. This corresponds to a dividend yield just under 2%. From the article: Have fun. John Russell

The written word and its demonstrated accuracy. Consider, for example, Psalm 22. It was written about 800 to 900 years before the Romans invented crucifixion. Yet, it detailed and explained what happened on the cross. Have fun. John Walter Russell

Art has provided some good advice. I would go about things a little bit differently. I do not know whether I would end up differently. I recommend that you first establish a baseline. Actually, two baselines. The first would be annuities. My personal preference is to use Vanguard's site for...

Thank you, Michael. Many people are horribly ignorant of the word of God. Several have demonstrated their ignorance on this thread. Many people like to make up their own make-believe gods, instead of learning the facts. My preference for factual information is the Thru The Bible Radio...

I use a Yahoo briefcase. You will have to pay if you want to make your spreadsheet available to the general public. You will NOT have to pay to make it available to people who provide you with their Yahoo usernames. (They can get one by registering, which is free.) You allow them access...

I recommend against the Unmodified pension option unless there is a compelling reason. This is an unpleasant thought, but what if ...just about anything really bad happens: a forgetful spouse who does not make his insurance payment? an intentionally forgetful spouse? a divorce? Generally, one...

Welcome, neighbor. Have fun. John Russell