dbphd

Boards Post

dbphd replied to the Millionaire Fools board. 1:06 PM

Re: For Retirees, a Million-Dollar Illusion

SG,

A very desirable goal for retirement is having secure sources of income cover living expenses so you needn't worry about your investments. To achieve this goal you may have to reduce your living expenses, but it's a worthwhile goal to [more]

Boards Post

dbphd replied to the Millionaire Fools board. 11:58 PM

Re: For Retirees, a Million-Dollar Illusion

I was a post doc at Stanford working at SRI (Stanford Research Institute) by the fall of '66. SRI was deeply involved, but I think BBN may have been the principal developer of the internet under ARPA contract. I wasn't involved in the development of [more]

Boards Post

dbphd replied to the Millionaire Fools board. 5:38 PM

Re: For Retirees, a Million-Dollar Illusion

BBN, MIT, CMU, Stanford/SRI, and Bell labs were on the ARPA net, perhaps others as well. IIRC, I was bell@sri until Bell Labs joined, at which time I became dbell@sri.

I wrote papers using a system on a DEC PDP-11 that ran a Graphical User [more]

Boards Post

dbphd replied to the Retired Fools board. 3:04 PM

Re: What State is Best?

Indeed she does, but I've only seen her out jogging once. A number of celebrities live in town where they can enjoy a life free of hassle. In my experience, only Jonatan Winters went out of his way to talk with locals. I recall a time when we were [more]

Boards Post

dbphd replied to the Retired Fools board. 11:20 PM

Re: What State is Best?

I certainly wasn't directing my comments at you, sonnet. I'm 77, grew up in Venice, moved to the SF peninsula for a post doc at Stanford and stayed, retired at 56 and moved to Montecito, a small town adjacent to Santa Barbara. I've traveled quite a [more]

Boards Post

dbphd replied to the Retired Fools board. 1:49 PM

Re: What State is Best?

I thought I recently read a piece in the NYT asserting that CA is not broke, and in fact doing well financially. Anyway, who wants to live in a state like TX? OTOH, please do retire in TX and leave CA to those of us who appreciate it though taxes are [more]

Boards Post

dbphd replied to the Millionaire Fools board. 9:19 PM

Re: Well, shoot!

I've never understood the rationale for buying more than a single lottery ticket. A single ticket moves you from no chance to win to a chance to win, even though the odds are exceedingly small. But buying several or even many tickets doesn't [more]

Boards Post

dbphd replied to the Retirement Investing board. 1:17 PM

Re: Where to put 403b

Isn't that what a balanced asset allocation is about? That seems a better approach than attempting to time the market, which is what you seem to be thinking about.

db

Boards Post

dbphd replied to the Retired Fools board. 2:54 PM

Re: Hey, RV!

Thanks for the link. I looked at the 10 worst and best places to retire. I noticed the picture for CA looked a lot like that off the beach in Montecito, a small town adjacent to Santa Barbara. We live a block from that beach. Except that it's [more]

Boards Post

dbphd replied to the Retirement Investing board. 2:14 PM

Re: thinking of the 3 ETF or fund portfolio

The 3 funds are a fine start, but you need to decide how to allocate among them. If you used the 110-age notion, that would leave only 40% to divide among the equity funds. I'm 77 and use a 60/40 allocation, but I plan the funds more as a legacy for [more]