Search found 6210 matches

by retired@50
Mon Jul 26, 2021 8:44 pm
Forum: Personal Investments
Topic: Help reinvest cash/ portfolio guidance
Replies: 3
Views: 144

Re: Help reinvest cash/ portfolio guidance

Questions: 1.How to invest cash and liquidated account at big firm? Transfer in kind to vanguard 90% VTSAX some international? 2. Transfer the IRA's over as well and invest the same as #1 or target a target date fund? 3. This leaves the profit sharing account at MS. I have no idea what to do with t...
by retired@50
Mon Jul 26, 2021 8:33 pm
Forum: Personal Investments
Topic: Really how many times your annual spending?
Replies: 18
Views: 1254

Re: Really how many times your annual spending?

My question is, how do you determine X? ... Is there a cheat way to figure that sort of thing out? ... Of course, maybe that's all moot. I am saving as much as I possibly can. That's all I've ever done and all I can do. Personally, I downloaded all the data from my checking account for the prior tw...
by retired@50
Mon Jul 26, 2021 8:27 pm
Forum: Personal Investments
Topic: Start building cash reserve or is it cash drag?
Replies: 20
Views: 2698

Re: Start building cash reserve or is it cash drag?

I think that's what I'm asking, i-Bonds vs my "regular bond allocation" (BND+BNDX+some munis). Is the difference in risk)returns worth worrying about? I-bonds have better i flatiron protection so why not have part of your fixed income in it? Is the difference in risk/returns worth worryin...
by retired@50
Mon Jul 26, 2021 8:23 pm
Forum: Personal Investments
Topic: Moving Accounts (Schwab to Vanguard)
Replies: 7
Views: 186

Re: Moving Accounts (Schwab to Vanguard)

Of all the account closure fees I've ever heard of, they never seem to come from Vanguard, just all the "better" places.

Regards,
by retired@50
Mon Jul 26, 2021 8:12 pm
Forum: Personal Investments
Topic: Help reinvest cash/ portfolio guidance
Replies: 3
Views: 144

Re: Help reinvest cash/ portfolio guidance

You should probably provide the fund names for each of the ticker symbols you included. Virtually nobody will have all those symbols memorized, which means they are far less likely to respond. You can edit your original post to add the information by using the pencil icon in the upper right corner o...
by retired@50
Mon Jul 26, 2021 8:01 pm
Forum: Personal Investments
Topic: Thoughts on my portfolio, please (federal employee, single parent)
Replies: 2
Views: 168

Re: Thoughts on my portfolio, please (federal employee, single parent)

Questions: 1. I know I am very heavy in stocks vs. bonds. I will have a federal pension currently valued between 30,000 and 40000 per year depending on if I retire at Minimum Retirement Age or complete my full 30 years. Hopefully I will also have Social Security (current estimates about 28000 annua...
by retired@50
Mon Jul 26, 2021 7:24 pm
Forum: Personal Investments
Topic: Roth Conversion Questions / Limits /Age
Replies: 9
Views: 376

Re: Roth Conversion Questions / Limits /Age

3. The Medicare ACA SurTax, will I have to pay that if my AGI between Pension, Social Security and Roth Conversions is over $250.000 if I file married joint return? The pension, social security and Roth conversions will be my only income. Are you talking about IRMAA surtax, or something different? ...
by retired@50
Mon Jul 26, 2021 7:19 pm
Forum: Personal Investments
Topic: Really how many times your annual spending?
Replies: 18
Views: 1254

Re: Really how many times your annual spending?

Living in the bit more affordable Midwest, how many times your annual spending do you realistically need to save to retire by 55? I've seen multipliers 25X or 33X. Is this still accurate? I'd say it's still accurate. If the Midwest is a "bit more affordable" then your total dollar amount ...
by retired@50
Mon Jul 26, 2021 7:10 pm
Forum: Personal Investments
Topic: Really how many times your annual spending?
Replies: 18
Views: 1254

Re: Really how many times your annual spending?

Living in the bit more affordable Midwest, how many times your annual spending do you realistically need to save to retire by 55? I've seen multipliers 25X or 33X. Is this still accurate? I'd say it's still accurate. If the Midwest is a "bit more affordable" then your total dollar amount ...
by retired@50
Mon Jul 26, 2021 4:39 pm
Forum: Personal Investments
Topic: When do you get taxed on taking funds out of your brokerage account?
Replies: 27
Views: 3113

Re: When do you get taxed on taking funds out of your brokerage account?

Oh man, I don't even know how quarterly estimated taxes work or how I would even submit that or what the safe harbor rule is. I'm assuming if I don't withhold enough, then I get penalized for underpayment. I think this usually happens to me with California's taxes. I end up pay a small amount for n...
by retired@50
Mon Jul 26, 2021 4:27 pm
Forum: Personal Investments
Topic: Roth vs Traditional 401k for high savers who max our their 401k
Replies: 11
Views: 595

Re: Roth vs Traditional 401k for high savers who max our their 401k

Welcome to the forum. :happy This issue is often a toss-up. Estimating future tax rates, other guesswork, etc. Have you seen the wiki page that discusses the traditional versus Roth issue? Maybe 50% toward each account type... See link: https://www.bogleheads.org/wiki/Traditional_versus_Roth Regards,
by retired@50
Mon Jul 26, 2021 12:51 pm
Forum: Personal Investments
Topic: Help with investing
Replies: 14
Views: 832

Re: Help with investing

Ok. I think I have a better understanding of the three-fund portfolio. I will invest 55 percent in VTSAX. I will put 25 percent into an international fund and 20 percent in a bond fund. Which Vanguard bond fund and international would be best to choose? Thanks again. The default Boglehead selection...
by retired@50
Mon Jul 26, 2021 12:47 pm
Forum: Personal Investments
Topic: Municipal Bonds (not fund)
Replies: 12
Views: 786

Re: Municipal Bonds (not fund)

It's likely that the new municipal bond purchases are better for the "Money Guy" than for your brother. He's likely getting a commission or a markup on every bond he sells to your brother. The trouble with the municipal bond market is that it's huge and opaque. Individual bond holders typi...
by retired@50
Mon Jul 26, 2021 12:37 pm
Forum: Personal Investments
Topic: Take out a Mortgage to invest?
Replies: 20
Views: 1297

Re: Mortgage or no Mortgage

roguewarrior0 wrote: Mon Jul 26, 2021 12:23 pm thoughts?
The questions that come to my mind are as follows:

What's your asset allocation mix?

Do you hold any bonds?

If you do hold bonds, do they pay more or less than 2.3%?

Regards,
by retired@50
Sun Jul 25, 2021 5:13 pm
Forum: Personal Investments
Topic: RETIREMENT: Does Non Statutory Stock Options Exercise & Sale reported on W2 count as earned income?
Replies: 18
Views: 975

Re: RETIREMENT: Does Non Statutory Stock Options Exercise & Sale reported on W2 count as earned income?

Couldn't you ask the company how they will report it? I would imagine you're not the only one in this situation, so maybe someone in payroll could tell you how it's been reported for other retirees in the past. All you want to know is whether or not it'll be on a W-2, and if so, which box? Regards,
by retired@50
Sun Jul 25, 2021 3:01 pm
Forum: Personal Investments
Topic: Should I Rebalence
Replies: 8
Views: 864

Re: Should I Rebalence

Since you can easily re-balance in the retirement account (Traditional IRA) without any tax consequences, I see no reason why you shouldn't be holding the exact asset allocation you desire.

Regards,
by retired@50
Sun Jul 25, 2021 2:40 pm
Forum: Personal Investments
Topic: Mental Accounting of Cost Basis on Roth Conversions
Replies: 9
Views: 907

Re: Mental Accounting of Cost Basis on Roth Conversions

I'm not sure I'm following your logic, but...

Maybe this will help: https://investor.vanguard.com/taxes/cos ... erformance

Regards,
by retired@50
Sun Jul 25, 2021 1:13 pm
Forum: Personal Investments
Topic: Tiered 529s?
Replies: 9
Views: 481

Re: Tiered 529s?

The idea is based around the different dates the money is needed. For example, the first tier would be needed in 3 years for the oldest child. The second tier would not be needed until maybe 6-7 years for the oldest child. 3 vs 6-7 years seems significant. Don't you think Vanguard (or the state of ...
by retired@50
Sun Jul 25, 2021 12:52 pm
Forum: Personal Investments
Topic: Tiered 529s?
Replies: 9
Views: 481

Re: Tiered 529s?

Does this make sense? Not to me. If you want to control the asset allocation, then just do that. I don't see the need for new accounts. I would revisit the initial decision about choosing the moderate age-based allocation. I suspect that was the right choice , but you're now being driven by greed o...
by retired@50
Sun Jul 25, 2021 9:53 am
Forum: Personal Investments
Topic: Rebalance Taxable with Each New Deposit or Don't Bother?
Replies: 40
Views: 3027

Re: Rebalance Taxable with Each New Deposit or Don't Bother?

... Speaking only about taxable accounts, what about rebalancing with new money? I currently do this with each deposit I make 2-4 times per month. I calculate my exact asset allocation and then add VTSAX & VBTLX at the exact mix needed to get to 80/20. Obviously, if I'm considerably overweight ...
by retired@50
Sun Jul 25, 2021 9:37 am
Forum: Personal Investments
Topic: VG Personal Advisor only 50/50 mix
Replies: 8
Views: 860

Re: VG Personal Advisor only 50/50 mix

VG personal advisors say 50% until I’m 80... Bogleheads recommend …..? I recommend the linked article below. If 50/50 was good enough for Harry Markowitz (at least initially), it might be okay for you too... Article by Jason Zweig that discusses the topic. Link: https://jasonzweig.com/what-harry-ma...
by retired@50
Sun Jul 25, 2021 9:22 am
Forum: Personal Investments
Topic: 401k International Allocation Advice
Replies: 15
Views: 767

Re: 401k International Allocation Advice

RyanJud76 wrote: Sun Jul 25, 2021 7:39 am My other thought is to avoid having international in my 401k altogether and instead invest that portion in our Roth IRAs...

Let me know your thoughts. Thanks in advance!
I think your "other thought" is the answer.

Regards,
by retired@50
Sun Jul 25, 2021 12:04 am
Forum: Personal Investments
Topic: Early Retirement - No longer needing to work - Back of Napkin formulas to determine when?
Replies: 68
Views: 7376

Re: Early Retirement - No longer needing to work - Back of Napkin formulas to determine when?

There is a very good personal finance tool box spread sheet to help you estimate better than the back of napkin. Find it in the wiki under tools. :beer I went to this, but wasn't ever able to locate any specific excel sheet mentioned. If there is a direct link or something I'd love to take a look a...
by retired@50
Sat Jul 24, 2021 6:36 pm
Forum: Personal Investments
Topic: Traditional to Roth
Replies: 22
Views: 1985

Re: Traditional to Roth

Also, another question. I guess I can convert anytime during the year up to April 15 the next year(?) When I convert, are taxes on the conversion due at the time of conversion? My guess would be yes under IRS rules. Roth conversions are based on calendar year, so you'd have to complete the amount y...
by retired@50
Sat Jul 24, 2021 5:26 pm
Forum: Personal Investments
Topic: Employer to only match while using financial advisor/firm
Replies: 91
Views: 5299

Re: Employer to only match while using financial advisor/firm

]. We spoke with the advisor yesterday who mentioned the fee structure and we’re both fairly shocked at how high it is especially when she will likely use either a retirement date fund or a percentage mix of the 3 mains: SP500, International, bonds (60, 25, 15). I can't find where you use the word ...
by retired@50
Sat Jul 24, 2021 3:25 pm
Forum: Personal Investments
Topic: Help with investing
Replies: 14
Views: 832

Re: Help with investing

Yes. I am looking for an 80 20 three-fund approach. Can you help? Sure, that part seems pretty straightforward, just buy three ETFs. The challenge comes in dealing with taxes on the investments you currently hold. Maybe these wiki links will help. This wiki page is referring to selling one mutual f...
by retired@50
Sat Jul 24, 2021 2:57 pm
Forum: Personal Investments
Topic: Help with investing
Replies: 14
Views: 832

Re: Help with investing

Welcome to the forum. :happy Have you spent any time reading about the Boglehead Investment Philosophy? Here's a link: https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy I can tell from some of the ticker symbols you've provided, it appears you're invested in individual stocks. M...
by retired@50
Sat Jul 24, 2021 2:12 pm
Forum: Personal Investments
Topic: 401k equity fund selection help
Replies: 2
Views: 262

Re: 401k equity fund selection help

Currently my allocation is about equal: 33% in US Equity Index fund(Mirrors russell 3000 TR) with expense ratio of 0.05% 33% in Mid Cap Index fund(Mirrors S&P Mid Cap 400 TR ) with expense ratio of 0.54% 33% in Small Cap Index fund(Mirrors Russell 2000 TR. ) with expense ratio of 0.73% The allo...
by retired@50
Sat Jul 24, 2021 9:59 am
Forum: Personal Investments
Topic: Employer to only match while using financial advisor/firm
Replies: 91
Views: 5299

Re: Employer to only match while using financial advisor

My apologies, the example I used wasn’t the greatest and I should have been more explicit. Her 3% match is based off of her salary, so if she puts in 8% and gets a 3% match based off of 50k salary. 8% is $4000 per year her contribution and 3% match would be $1500. 5500 x 0.0575=316.25 per year that...
by retired@50
Sat Jul 24, 2021 9:40 am
Forum: Personal Finance (Not Investing)
Topic: What is the average savings rates for bogleheads?
Replies: 225
Views: 14420

Re: What is the average savings rates for bogleheads?

So lots of different ways of calculating this I am sure but just to keep it consistent would like to hear what people's savings rates are as a percentage of net pay after taxes. Mine averages about 25%-35% depending on bonuses and expenses. Would like to collect some rough data from the group but p...
by retired@50
Sat Jul 24, 2021 9:27 am
Forum: Personal Investments
Topic: Employer to only match while using financial advisor/firm
Replies: 91
Views: 5299

Re: Employer to only match while using financial advisor

Good morning Bogleheads, I’ve been reading the forums for quite a while and been introduced by my brother, an avid saver and mentor. I’ve read a few Bill Bernstein books and consider myself an intro level student! I know enough to set it and forget it but have the luxury of using a TSP for work rel...
by retired@50
Fri Jul 23, 2021 8:04 pm
Forum: Personal Investments
Topic: Started Work, Looking for Advice on Contribution Rates, Non-Stock Savings
Replies: 2
Views: 215

Re: Started Work, Looking for Advice on Contribution Rates, Non-Stock Savings

Does the 401k offer a Roth 401k option?

If so, you could use that for now, while you're in the 12% Federal tax bracket.

Regards,
by retired@50
Fri Jul 23, 2021 7:43 pm
Forum: Personal Investments
Topic: New investor: Only Roth IRA and taxable account, ideal asset location/allocation?
Replies: 1
Views: 242

Re: New investor: Only Roth IRA and taxable account, ideal asset location/allocation?

Welcome to the forum. :happy The trouble is, you don't have a tax-deferred account, so you don't have an "ideal" place to put bonds, you've only got a second-best place to put bonds. Either in taxable or Roth. You could always do a little of both. Put a normal taxable bond fund in the Roth...
by retired@50
Fri Jul 23, 2021 7:23 pm
Forum: Personal Investments
Topic: Are fiduciary's actually trustworthy?
Replies: 58
Views: 4531

Re: Are fiduciary's actually trustworthy?

In any event, let's approach this from a different angle. He wants to sell you life insurance. Do you need any? Are you even a decent candidate for life insurance? Do you already own a term life policy? Do you have a wife and children or other dependents who would face a financial hardship if you w...
by retired@50
Fri Jul 23, 2021 5:34 pm
Forum: Personal Investments
Topic: Are fiduciary's actually trustworthy?
Replies: 58
Views: 4531

Re: Are fiduciary's actually trustworthy?

Thanks for all the information. I just looked him up on adviser info. [personally identifiable link removed by admin LadyGeek] It seems he is indeed an Investment Adviser, which seems to imply that he is indeed a fiduciary. https://en.wikipedia.org/wiki/Financial_adviser#Fiduciary_standard The advi...
by retired@50
Fri Jul 23, 2021 12:05 pm
Forum: Personal Investments
Topic: What would you do with $116 in a Roth account?
Replies: 36
Views: 2647

Re: What would you do with $116 in a Roth account?

Buy two shares of Altria Group (MO), set to re-invest dividends, and check back every 15 years.

Regards,
by retired@50
Fri Jul 23, 2021 11:42 am
Forum: Personal Investments
Topic: How Do People Manage Tuition Funding?
Replies: 33
Views: 3510

Re: How Do People Manage Tuition Funding?

If it helps we live in CA and am paying about 9.3% in state tax on any income earnt and am right on the 24%, 32% fed tax boundary. Vanguard has a couple of good CA municipal bond funds that might suit your situation. Tax-free income with less risk than stocks. VCAIX, VCITX or their Admiral counterp...
by retired@50
Fri Jul 23, 2021 11:37 am
Forum: Personal Investments
Topic: How Do People Manage Tuition Funding?
Replies: 33
Views: 3510

Re: How Do People Manage Tuition Funding?

If it helps we live in CA and am paying about 9.3% in state tax on any income earnt and am right on the 24%, 32% fed tax boundary. Vanguard has a couple of good CA municipal bond funds that might suit your situation. Tax-free income with less risk than stocks. VCAIX, VCITX or their Admiral counterp...
by retired@50
Fri Jul 23, 2021 11:13 am
Forum: Personal Investments
Topic: How Do People Manage Tuition Funding?
Replies: 33
Views: 3510

Re: How Do People Manage Tuition Funding?

If it helps we live in CA and am paying about 9.3% in state tax on any income earnt and am right on the 24%, 32% fed tax boundary. Vanguard has a couple of good CA municipal bond funds that might suit your situation. Tax-free income with less risk than stocks. VCAIX, VCITX or their Admiral counterp...
by retired@50
Fri Jul 23, 2021 11:06 am
Forum: Personal Investments
Topic: Help deciding how to invest parent's estate proceeds
Replies: 15
Views: 1835

Re: Help deciding how to invest parent's estate proceeds

So the question now becomes "where do we put the money in all these new accounts and what allocation?" The only place I have things in a retirement account now is the inherited IRA with a allocation of 42% us stock market index 18% international market index and 40% bonds. My boring mind ...
by retired@50
Fri Jul 23, 2021 9:18 am
Forum: Personal Investments
Topic: Confused about Large Caps. Talk me out of them...
Replies: 23
Views: 2443

Re: Confused about Large Caps. Talk me out of them...

Your thoughts on this subject please? Have you read the book by Jeremy Siegel called "Stocks For The Long Run"? It discusses lots of market history and the large cap growth chasing that has gone on in the past. There is such a thing as paying too much for a stock. When a company first sho...
by retired@50
Thu Jul 22, 2021 11:39 pm
Forum: Personal Investments
Topic: Good start for a 19 year old?
Replies: 20
Views: 1861

Re: Good start for a 19 year old?

Hoping for 15% is fine, but expecting to hold a non-market portfolio and still meet or beat the market isn't realistic. Would you happen to have a link to a wiki/forum or proof of this concept. The general concept is called tracking error. By holding the hedgefundie portfolio you will either under-...
by retired@50
Thu Jul 22, 2021 8:29 pm
Forum: Personal Investments
Topic: Good start for a 19 year old?
Replies: 20
Views: 1861

Re: Good start for a 19 year old?

I hope to hit around 15% returns yearly with this although I am comfortable missing that as long as I meet or beat the market. Does all of this seem reasonable and am I not making some beginner error? Is there a better plan for me personally/should I reassess my goals? Apologies for the long post, ...
by retired@50
Thu Jul 22, 2021 8:16 pm
Forum: Personal Investments
Topic: Good start for a 19 year old?
Replies: 20
Views: 1861

Re: Good start for a 19 year old?

Welcome to the forum. :happy

My advice would be to read the Boglehead Investment Philosophy and see if it resonates with you.

Link: https://www.bogleheads.org/wiki/Boglehe ... philosophy


Regards,
by retired@50
Thu Jul 22, 2021 4:00 pm
Forum: Personal Investments
Topic: Seeking Wisdom...what should I do?
Replies: 26
Views: 1742

Re: Seeking Wisdom...what should I do?

With 5 kids, I'd start on the 529s... With that many kids, and the income shown, I'd imagine that these particular children might qualify for all sorts of grants, assistance, scholarships, etc. I'm no expert on paying for college, but a separate thread on the topic might be helpful if the OP is loo...
by retired@50
Thu Jul 22, 2021 3:52 pm
Forum: Personal Investments
Topic: Seeking Wisdom...what should I do?
Replies: 26
Views: 1742

Re: Seeking Wisdom...what should I do?

My question: Is it wise in your opinion to slap the ever living crap out of that mortgage or should I look to fund mine and wife's IRA's with that money? I'd like to hear your thoughts and suggestions. Thank you for your time, Welcome to the forum. :happy I'd suggest you focus on the retirement sav...
by retired@50
Thu Jul 22, 2021 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: House for my daughter
Replies: 31
Views: 4207

Re: House for my daughter

I second the advise to send her to the white coat investor. He has expanded offerings so there are podcasts, blogs, Facebook groups, etc. I would strongly recommend spending the $15 or so for his book. My personal opinion is that very few physicians should purchase a home immediately after residenc...
by retired@50
Thu Jul 22, 2021 10:29 am
Forum: Personal Investments
Topic: Question about changing Brokerages
Replies: 9
Views: 407

Re: Question about changing Brokerages

Stillwater1971 wrote: Thu Jul 22, 2021 10:28 am Is there a fee for transferring your Investments from Vanguard to Schwab? Or can the transfer from one to the other cost basically nothing?
Sometimes, it's even better than free. Sometimes you can get a bonus. Check with Schwab.

Regards,
by retired@50
Thu Jul 22, 2021 10:21 am
Forum: Personal Investments
Topic: Early (55) retirement dreams. On target? Directional feedback?
Replies: 7
Views: 1588

Re: Early (55) retirement dreams. On target? Directional feedback?

• Should we hire a fee only financial advisor or tax professional to help with the ACA subsidy and withdrawal strategy issues? • Any feedback/advice on obtaining ACA subsidies in our situation? See IRS form 8962. Link: https://www.irs.gov/forms-pubs/about-form-8962 The general rule is to have your ...