Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
@catch22 - Using your Calculator
Timeframe
2014 - 2024
No COLA
($1000/M *12) = $12K in 2014 is still $12K in 2024
With COLA
($1000/M *12) = $12K in 2014 adjusts to $15,984 in 2024
I think you adjusted the non-COLA pension ($670*12) to get $8040 …
@bee I'm not sure I like the wording, "government transfers." I take it as a gift from the gov., which most of it isn't. VA Benny's all earned as is my SS monthly check.
It's a very interesting topic and can appear convoluted. Couldn't an argument…
Similar story in CT.
We continue to have a "choice" (Medicare Supplemental vs Medicare Advantage) but the premium difference between the two attracted a lot of retirees to sign up for our MA option.
Both are offered by United Healthcare.
Curiousl…
Oct 12 Episode:
Morningstar’s retirement guru Christine Benz discusses the often overlooked non-financial aspects of retirement planning during this conversation about her new book, How to Retire: 20 Lessons for a Happy, Successful, and Wealthy Reti…
@msf, yes I just signed up to two years of credit monitoring as a result of the Change Healthcare Breach, but prior to that I froze my credit with all 5 credit bureaus that MFO members discussed here in past threads.
Thanks to all for keeping us in…
Why is the response to customers to offer credit monitoring after the breach?
How about offering it prior, as part of the customer relationship?
One of my CU banks does just that.
Identity theft is a billion dollar business for thieves and a billi…
Milton losses must be lower than previously anticipated - amazing that these guys already know the severity of losses.
But somehow I see Insurance premiums escalating.
We live in a time where community bucket brigade have been replaced with privat…
@hank - would this be a problem for RE market when LT rates remain "stuck"... I noticed RE (VGSIX) has stopped advancing in recent weeks.
VGSIX
https://morningstar.com/funds/xnas/vgsix/chart
Mortgages may need to be on the FED's buying menu for t…
Thanks @Regex,
American Century's Avantis ETFs fills many spots on PM's list.
How Avantis Became One of the Fastest-Growing Fund Companies
https://morningstar.com/funds/how-avantis-become-one-fastest-growing-fund-companies
Oct 5th Episode:
Guest Abby Joseph Cohen - Part 2:
The tide went out during the pandemic and it exposed where the problems exist globally
ONE INVESTMENT
COHEN: THINK OUTSIDE THE U.S.
Long period of U.S. outperformance
International market…
Fidelity is offering a 3 part webinar... part 1 is on 10/10/24 on the follow topics:
Topics:
• How annuities, Social Security, bonds, and other sources may fit into a monthly income plan
• How your retirement spending might evolve as your prioriti…
@hank
From your link:
The law allows the IRS to waive the penalty if:
1. You didn't make a required payment because of a casualty event, disaster, or other unusual circumstance and it would be inequitable to impose the penalty, or
2. You retired (…
Sept 14 Episode - Part 2 with Whitney Tilson
Former fund manager turned financial journalist Whitney Tilson shares lessons learned from knowing and studying great investors Warren Buffett, Charlie Munger and Bill Ackman.
interesting article and charts that add food for thought regarding shipping, inflation, interest rate, M2 and GDP.
The continued drop in the M2/GDP ratio says that we should not yet start looking for great things for the shipping industry for anothe…
@low_tech
Using PV with 4% withdrawal for 10 years shows that starting with one million ended at $779K(rounding) while SPY ended at 2.23 million.
My Comment:
PV also provide a inflation adjusted amount:
$779K = $558K (inflation adjusted)
$2.2…
Personal finance master Jonathan Clements is turning his recent terminal cancer diagnosis into an important teaching opportunity on money and life.
Also,
Previous Clements interview:
https://youtube.com/watch?v=2Kd9pB58j_0&list=PLznI5J0QOR…
Personal finance master Jonathan Clements is turning his recent terminal cancer diagnosis into an important teaching opportunity on money and life.
Also,
Previous Clements interview:
Another thought is owning a combination of TCAF and PRCFX (mentioned by others here).
Consider a combination of:
- 23% position in TCAF
- 77% position in PRCFX
This combination (short historical data) seems to mimic PRWCX (composition/performance…
Berkshire labeled as a conglomerate:
Examples of conglomerates are Berkshire Hathaway, Amazon, Alphabet, Meta (formerly Facebook), Procter & Gamble, Unilever, Diageo, Johnson & Johnson, and Warner Media.
All of these companies own many sub…
It is our goal to leave taxable investments to our heirs.
According to Section 1014 of the Internal Revenue Code, if a person holds property at death, it will receive a new basis equal to the fair market value of the property at the person's date of…
August 24 episode:
Are we experiencing a "Quality Bubble"?
How to handle signs of a bubble in quality stocks with influential newsletter editor Whitney Tilson.
Thanks @msf,
Those annuity flavor ticker symbols are a pain.
A family member has a VA annuity from Monument Advisors (Nationwide) which has a $20 / month flat fee and 350 mutual fund choices from DFA, Vanguard, Fidelity and others.
We self manag…
August 3rd Episode:
Mary Beth Franklin discusses Social Security's Health and Outlook:
Social Security guru Mary Beth Franklin discusses the program’s financial challenges and outlook, plus individual strategies to maximize its benefits.
Her websi…
A fund that has had amazing risk/reward over the years (minus recent years). Linked here is a MFO/Fund Alarm discussion regarding VGHCX. A fund that is hopefully on the "mend":
https://mutualfundobserver.com/discuss/search?Search=vghcx
Thanks @Observant1
Here's an interesting article on a previous week's guest (Bitcoin Goes Mainstream):
Given crypto’s extreme volatility, instead of sourcing from broad equities, an investor could pull from the riskiest areas of the equity sleeve …
@yogibearbull, I started a parallel discussion referencing the same article after your post here.
My apologies to yogi and readers.
Here's a link to that discussion/reader comments:
https://mutualfundobserver.com/discuss/discussion/62524/when-reb…
