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William Housley

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    Resolutions:

    11 replies

    AUTHOR: William Housley on 12/28/2024
    FIRST: Jeff Bond on 12/29/2024   |   RECENT: Tim Mueller on 1/4

    No tax on your Social Security?

    43 replies

    AUTHOR: William Housley on 11/23/2024
    FIRST: mytimetotravel on 11/23/2024   |   RECENT: R Quinn on 11/26/2024

    Everything About Retirement on a 3x5 card

    10 replies

    AUTHOR: William Housley on 8/14/2024
    FIRST: Jonathan Clements on 8/14/2024   |   RECENT: Cheryl Low on 8/20/2024

    Comments:

    • My property tax is about $2500. Maybe you should consider a change in latitude.

      Post: Quinn doesn’t think like a average retiree, I bet you don’t either. Beware the experts

      Link to comment from February 5, 2025

    • Guilty as charged… UGH!

      Post: Too Hot to Handle

      Link to comment from February 5, 2025

    • My father was disabled when I was in high school. I received SS and that is what put me through college. SS is not just about what we receive in retirement.

      Post: They’re Right, I’m Wrong, Sort Of

      Link to comment from February 2, 2025

    • Puerto Rico :-)

      Post: Seeking Shelter From The Cold – RCC

      Link to comment from January 25, 2025

    • FREEDOM!

      Post: What Drives You? By Jonathan Clements

      Link to comment from January 24, 2025

    • Here’s my strategy: Step 1: I started by calculating my total usable income from my last year of work. Then, I multiplied that amount by 1.03% to 1.05% to determine a reasonable income goal for my retirement years, adjusting for inflation. For example, if my target income was $5,000 per month (a hypothetical, round number), that would serve as my inflation-adjusted retirement income goal. Step 2: Next, I calculated my total income from Social Security and other sources. Let’s say this came out to $3,000 per month. To meet my income goal, I identified a $2,000 per month gap that needed to be covered by withdrawals from my retirement savings. Step 3: I set up an automatic transfer of $2,000 per month from my Vanguard retirement accounts into our bank account. This approach allowed me to replicate my pre-retirement monthly income, adjusted for inflation. Interestingly, the $2,000 monthly withdrawal represented 3.11% of my total retirement savings, which aligns with the safe withdrawal rate I had planned for. Note: the only real number in this example is the 3.11% withdrawal rate.

      Post: Spending It

      Link to comment from January 13, 2025

    • Over the last 20 years the average yield is 1.89%. For the SP500 Low was 1.23% High was 3.11% and the Mode was 1.76%. I would budget on 1.23%. You would likely do Okay to budget 1.76% 20 Years of Dividend Yield (%) 2004, 1.63 2005, 1.76 2006, 1.76 2007, 1.87 2008, 3.11 2009, 2.00 2010, 1.86 2011, 2.13 2012, 2.17 2013, 1.94 2014, 1.92 2015, 2.11 2016, 2.08 2017, 1.89 2018, 2.00 2019, 1.82 2020, 1.58 2021, 1.33 2022, 1.69 2023, 1.23 (approx.)

      Post: Dividends during bull or bear market

      Link to comment from December 31, 2024

    • My wife and I each participate in our work offered 403b. At 59.5 years of age we each transferred the majority to our IRA’s in Vanguard. The 403b has multiple fees: Plan Administration Record Keeping: .25%. The Broker Advisor fee : .45%. Other fees: These fees range from $30 to $200 per event. For example it is $50 for the record keeping company to send me money per event. And to top it off each fund has an expense ratio that is anywhere from .04 to 1%. The total fees are .7% plus the expense ratio of the fund… between .74% to 1.7%. Vanguard fee is minimal .09% No admin fee. No broker fee. No “other” fees. My year over year savings since the 59.5 yr transfers is well… BIG MONEY.

      Post: Costs Matter

      Link to comment from December 2, 2024

    • I would not invest in a company that did not know their numbers. Running our family resources is a business. This includes net worth. Google sheets is a great tool to track all investments. So by default I can see my net worth at any moment in time.

      Post: How Often Do You Calculate Your Net Worth And Why

      Link to comment from November 29, 2024

    • 8.7%. It seems that results is all about individual choices. Those with a few points higher or lower may be due to asset allocation based on risk tolerance.

      Post: What is The 10 Year Return on Your Portfolio?

      Link to comment from November 28, 2024

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