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$60,000 a year spending is modest? Really??? If so, my spending isn't modest but I am a miser. Just went through 2014 expenses recently and my wife and I spent $47,000 last year not including taxes. We purchased some toys for ourselves so our spending was up. Most years it is less than...

Rick Ferri is one that I place a lot of confidence in. I read some work that Jim Otar did almost a decade ago that states essentially the same thing. Based upon that writing by Jim Otar coupled with my dreaded fear of sequence risk I scaled back my stock percentage much further than I ever...

The one point in the article that I didn't understand is delaying IRA distributions until age 70. Perhaps someone can help me understand this. I read a Prudential white paper that was written a couple of years ago which had a portion on minimizing taxes on social security and taxes overall...

Last year he was going to take away the spousal benefit because rich people don't need them. That went no where.

It seems that in my lifetime about once a decade someone comes out of the woodwork & claims imminent collapse and somehow works gold into the narrative. I was thinking the other day that perhaps I'd write a book of doom and gloom and working gold into it somehow. To find out now that this has...

I was intrigued by the payout funds (there were 3 of them until earlier this year) and was planning on using at least one of them. However, go to Bogleheads website and do a search and you will find very little good to say about the payout funds from these savvy investors. The gist of it is...

Walt34, I think I am missing something when you queried if your BCBS health insurance premiums would go down because they are secondary. That's not the way it works. One goes on medicare and gets Part A for free and will pay a little over $100 a month for Part B. Then instead of using a your...

However, the Obama 2015 budget does away with file and suspend. So far this idea has not gained traction.

For what it is worth, Harold Evensky is a well respected financial planner. I've seen him quoted numerous times in Money magazine and I've seen him on Consuelo Mack's Wealthtrack series on PBS. He is also a prolific author in the CFP circles. I take what he says seriously.

I'm not so sure I should enter the fray as it looks like maybe the point of beating a dead horse has come :horse:. States do not guarantee annuities or any other type of insurance product. States do require all admitted insurors to participate in a pool for the lines of business they write...

IMT is the main company. They formed Wadena for low risk highly desirable insureds. As for buying their insurance, I would buy it without hesitation. They treat their customers well.

You're fine. Enjoy your life.

I predict that within the next five years the Cubs will win the world series. :dance: I too look at those projected returns for the future as I stategize for the future but the man behind the mirror keeps whispering to me that anyone who says he can predict the future is but one thing. A...

I think you are asking the wrong question gcgang. Seems to me that you are asking which is better, a BMW sedan or a Mercedes SUV. I'm speaking from naivety since I don't buy German vehicles. I would assume that both are excellent vehicles but they are different. One is a car and the other is a...

I like firecalc and find it to be useful but like most I see it as a guide but even guides can be useful. For those who increase the expense ratio to .50 or higher. I don't. My current portfolio expense ratio at Vanguard is .12 and I will soon be making some adjustments that will drive it...

Is 4% spending unreasonable? Not as he does it as I recall. The typical 4% SWR referred to is a withdrawal dollar amount at 4% of portfolio at retirement and then adjusting for inflation each and every year over a 30 year time period. On the other hand, as MMM does it, he takes 4% of whatever...

Great post NW-Bound!!! I am going to go back and review your research in greater detail as it is interesting stuff. I interpret your findings as what happens with reverse dollar cost averaging. The 2000 retiree had a sideways secular with two dramatic downturns to be withdrawing from a...

I tend to think of gold not being an investment. It doesn't have earnings. Gold does not pay interest or dividends. It's price is based on emotional factors not earnings. Gold I feel is an item of speculation. Nothing more and nothing less.

Yes but aren't these percentages based upon inflation increases each and every year? Even in bad markets a constant 4% withdrawal of portfolio amount should last much longer than I will. I know I know that someone is going to say but what if the market drops BIG TIME every now and then. I...

I had not looked at the T Rowe Price calculator for quite sometime and there is a bit of a flaw for married couples of about the same age that delay until 70 while using a spousal benefit for one of the two. Their calculator does a nice job computing spousal benefits for one of the two when a...

This works out well for a single person. It gets a bit more complicated when you a husband and wife, they may or may not be of the same age, they may or may not have the same earnings history. Spousal benefits clouds it up for the best claiming strategy, thus, some of the calculators mentioned...

To an earlier post about using a SPIA inside a Roth, I see it differently. Like many I may purchase a SPIA at age 75 and up and if I do I will do so with after tax money. When one buys an annuity this way, there is a tax benefit due to the structure of the payments which are made from interest...

Made me dizzy looking at all of it but I am a boglehead follower so YMMV. All of my money is in 3 funds and my allocation right now is 50/50 between stocks bonds. Ttl US Stock maret, Ttl Foreign Stock market and Ttl bond market. Thankfully all are in one place which in my case is Vanguard. I...

Just call me stupid. I don't understand ORP as it has me taking considerably much more money than firecalc, FIDO or any other retirement calculator I've tried. When I say considerably more I mean considerably more.

I know of two. Kiplingers has this for about this price as doe ESPlanner.