Title. Here for a day or so. Planning to stop by Sim City area. Have been eyeing the 20mm 2.8 as a walk around lens. I have the 20-60 but I don't like the bokeh on it and it's heavy.
Ideas welcome!
I recently saw Erin's video (cant seem to find the video now! :( ) on this and her argument (with data), was:
For retirees (in decumulation phase) with a balanced portfolio - say 60-35-5 (stock/bonds/cash) - the SORR risk and hence bounceback time (time for portfolio to recover to its former value before drop) is lower than those with aggressive porfolio like during accumulation phase.
She ran the numbers and if I remember right, even in the worst case, it look about 2 years to recover (rather than 4-5 for more aggressive portfolios)
This means the cash cushion to maintain could be 2 years of expenses, rather than 5.
(what I am not remembering is if a move from bond->stocks rebalancing is required when the market is down, to achieve this)
This was a bit eye opening for me, because I had taken the "5 years of cash" as a rule of thumb, but this made it more data driven decision for me.
I already see this in action - when the market moves say 1% in a day, my portfolio only registers about 0.3% gain. But it also does the same when the market moves downward, so the variance is lower.
Any thoughts on this?
Title.
Agent says we can make it. Anyone with recent experience with airport transfer from Southampton to Heathrow, love to hear your thoughts. We would need to be at the airport by at least 10am to comfortably checkin (we have checkin bags) and board.
Thanks!
I am on the BF Pro extra path - the very last one. And I am 9/10 - and need 3 tokens - and the last 10 games i have gotten -0- tokens. Something seems broken.
Any ideas of what might be happening?
I am tempted to get the PRO package. I got it for season 1 and 2, and enjoyed it. Also completed all tiers for season 2 so it was "worth" it for me.
Thoughts from the community?
So we all plan extensively using tools like ProjectionLab (thats what I am using). It gives us a great map of what to do, but not a when to do.
For e.g. I have a plan that says I can stay at/below 250% FPL (to get those silver CSR credits) AND do Roth conversions, and my NW is like 50% more at end of plan. I like it. However, it can easily go wrong if I dont do things in the right order. For e.g. I need to know that, during the ACA years, to keep Roth conversions as one of the last things I do "to fill in the gaps"; if I do it earlier, I could be screwed by having any unexpected dividend returns that pushes me over the 250% FPL limit (or whatever limit u are planning for).
So is there a way to take what these tools give us, and convert it into a "event calendar"? For e.g. when to take SEPP? Do I spend cash portion first? Do I do quarterly or yearly pulls from taxable? How does it change in an upmarket vs. down (compared to last quarter or year's performance)?
If folks already use some strategies, I would love to hear about them.
Getting the VCR-2 made a big difference. Just in time for Season 3 now 😄
I'm in a situation where I do need to take SEPP 72T withdrawals from my 401k or the rollover IRA because I have a long bridge period of about nine years left and I don't have enough in my taxable alone (bought a home recently doh) and whatever I have in taxable is reasonably high basis about 80% is basis. My expenses are high because we bought a home recently and so we need a SEPP withdrawal of about 70k per year and that puts me very very close to the ACA MAGI of 84k for two people for most of this bridge period (once my second kid stops being a dependent for tax purposes bringing us from 3->2 for ACA calculations).
Combine this with net rental income of about 10k, dividends of about 10k. I am already over the ACA MAGI needed for pretty much every year between now through the bridge year end at 59.5.
So at this point ACA subsidies are just not possible for me for my entirety of my bridge period :(
However, when I was modeling this in projectionlab what I found is that even without ACA subsidies and by doing some withdrawal shielding (and a small amount of Roth contribution withdrawal closer to 59.5), I'm able to end up with a higher net worth even while paying full ACA prices (and I am estimating about 6% increase per year for ACA costs). This is modeled with 4% annual stock growth in the market, and 60/40 portfolio.
This confounds me, and I still need to look at the numbers closely, but any thoughts on this? Perhaps ACA subsidies are not as important to bend over backwards to stay within the 400% FPL cliff?
Appreciate if folks can share their experiences in this matter.
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EDIT:
So my biggest qualm was that anytime I wanted ACA subsidies, PL started using my Roth Contributions prior to 59.5. This irked me, as I wanted to keep Roth untouched for as long as possible (at least until after 59.5) to let it grow aggressively. HOWEVER once I made peace with it, I was able to get to a state where I qualified for 250% FPL which means CSR @ Silver level!! I didnt think that was possible at all, and PL didnt let me because I started with an initial core assumption of "I need SEPP to be as high as possible". SO -- once I 1) lowered SEPP to 25k (from 70k), AND made peace with Roth Contribution withdrawals before 59.5 AND increased cost basis for my Brokerage, it opened up more options for PL, and it was able to show me how to hit 250% FPL. I can even squeeze in small amounts of Roth conversions for a few years. This also means healthcare costs drop dramatically and overall net worth seems better too.
