Search found 5293 matches

by retired@50
Thu Apr 22, 2021 11:26 pm
Forum: Personal Investments
Topic: Where do you store your cash part of retirement?
Replies: 8
Views: 1444

Re: Where do you store your cash part of retirement?

I keep my non interest bearing cash in my wallet. Me too. My other cash is at my credit union, earning 1% interest. Speaking of Greece and $60 per day in withdrawals... I've been toting around the same $60 for at least the past several months. Who actually uses cash anymore? I've been using my cred...
by retired@50
Thu Apr 22, 2021 7:53 pm
Forum: Personal Investments
Topic: 401k questions
Replies: 4
Views: 381

Re: 401k questions

Thank you, if there were loads, I assume it would say something like "Sales Charge" or somewhere there would be a "Back" "Front" indication under where the rest of the fees are listed? Nope. Loads are cleverly hidden. Example: if you stated new and bought just one A cl...
by retired@50
Thu Apr 22, 2021 7:44 pm
Forum: Personal Investments
Topic: Advice on Asset Allocation when starting out Taxable Account (Other retirements maxed)
Replies: 5
Views: 353

Re: Advice on Asset Allocation when starting out Taxable Account (Other retirements maxed)

Is there a resource to check into on what one should invest a taxable account into, based on a traditional AA allocation of 80/20? Yes, there is a resource in the wiki. https://www.bogleheads.org/wiki/Tax_efficient_fund_placement The general idea expressed in the wiki page is to put all your bonds ...
by retired@50
Thu Apr 22, 2021 11:57 am
Forum: Personal Investments
Topic: Helping an elderly MIL consolidate CC debt?
Replies: 11
Views: 825

Re: Helping an elderly MIL consolidate CC debt?

My MIL called me and wanted advice on CC debt consolidation. She is 77 years old and lives alone. She doesn't have access to a HELOC of anything like that. Anyway...any services that help in this? Are they worth it or rip offs? Thanks I've not seen any recommendations for credit consolidation servi...
by retired@50
Thu Apr 22, 2021 11:48 am
Forum: Personal Investments
Topic: Help with 401k allocations
Replies: 4
Views: 337

Re: Help with 401k allocations

... What am I doing wrong? ... Should I just stick to VTRLX? Welcome to the forum. :happy The target date fund re-balances holdings on a daily basis. That's not practical in a 401k plan. Further, including the whole market (VTI) is important in this particular case since small-caps have had a huge ...
by retired@50
Thu Apr 22, 2021 11:41 am
Forum: Personal Investments
Topic: Portfolio Review - 4 Years Later
Replies: 3
Views: 378

Re: Portfolio Review - 4 Years Later

... Emergency Fund $55k Cap One + $22k NW Mutual Cash Balance from $500k Whole Life ... Lastly - any overall advice or input? This board has been tremendous for me over the years, so anything you could add I'd take to heart. Thanks again The most concerning thing I see in your post is the "Who...
by retired@50
Thu Apr 22, 2021 10:36 am
Forum: Personal Investments
Topic: Stop Roth Contributions to buy pension years?
Replies: 5
Views: 557

Re: Stop Roth Contributions to buy pension years?

You may want to consider how well the pension is funded too... Is it government or private employer? Have you read any/all of the various disclosure documents you're entitled to see? Some due diligence is required here, just like if you were going to buy an SPIA from an insurance company, you'd want...
by retired@50
Thu Apr 22, 2021 10:13 am
Forum: Personal Investments
Topic: Inaccurate valuations - Vanguard's "Outside Investments"
Replies: 13
Views: 680

Re: Inaccurate valuations - Vanguard's "Outside Investments"

It has worked fine for me until March 2021. Same here. I've noticed some minor issues recently with the "new & improved" look to Portfolio Watch. I'm hoping that someone back in IT is working frantically to fix it, but I haven't raised any questions at Vanguard. I also have a spreadsh...
by retired@50
Thu Apr 22, 2021 9:56 am
Forum: Personal Investments
Topic: Portfolio Advice Needed - Building Portfolio
Replies: 9
Views: 769

Re: Portfolio Advice Needed - Building Portfolio

More important than sorting that out is deciding what our overall portfolio should look like, and what funds I should invest in within my own 403b. If any bogleheads have thoughts on those, that would be appreciated! The fund you're using in the 403b looks fine to me. A target date fund for 9 basis...
by retired@50
Wed Apr 21, 2021 11:39 pm
Forum: Personal Investments
Topic: Adjusting funds for 403b at TIAA
Replies: 4
Views: 341

Re: Adjusting funds for 403b at TIAA

I was reviewing my 403b of about $21,000 and I realized I have not been approximating the S&P 500 considering my attempt to take on a simple yet aggressive approach to investing for retirement (35+ yrs from now, probably more?). I believe mistook the purchase of VINIX as a total S&P tracker...
by retired@50
Wed Apr 21, 2021 11:28 pm
Forum: Personal Investments
Topic: Portfolio Advice Needed - Building Portfolio
Replies: 9
Views: 769

Re: Portfolio Advice Needed - Building Portfolio

Maybe I misunderstand the nature of the existing Traditional IRA, since you say it's "non-deductible, post-tax". Maybe you could convert this to Roth IRA by only paying taxes on the earnings, and not on the original contribution(s). Further, and again, I've not had to deal with the pro-rat...
by retired@50
Wed Apr 21, 2021 11:18 pm
Forum: Investing - Theory, News & General
Topic: Why Is There a Gap in International Expense Ratios of Growth and Value vs Total International?
Replies: 13
Views: 928

Re: Why Is There a Gap in International Expense Ratios of Growth and Value vs Total International?

These discrepancies are much higher when comparing US total funds to US growth and US value, why is that? Why is that? Because active portfolio managers don't work for free. All that decision making is thirsty work that requires a high rate of pay. Not that there is much benefit to it, but it pays ...
by retired@50
Wed Apr 21, 2021 8:27 pm
Forum: Investing - Theory, News & General
Topic: Why Is There a Gap in International Expense Ratios of Growth and Value vs Total International?
Replies: 13
Views: 928

Re: Why Is There a Gap in International Expense Ratios of Growth and Value vs Total International?

These discrepancies are much higher when comparing US total funds to US growth and US value, why is that? Why is that? Because active portfolio managers don't work for free. All that decision making is thirsty work that requires a high rate of pay. Not that there is much benefit to it, but it pays ...
by retired@50
Wed Apr 21, 2021 8:05 pm
Forum: Personal Investments
Topic: Help with 401k allocations
Replies: 4
Views: 337

Re: Help with 401k allocations

... What am I doing wrong? ... Should I just stick to VTRLX? Welcome to the forum. :happy The target date fund re-balances holdings on a daily basis. That's not practical in a 401k plan. Further, including the whole market (VTI) is important in this particular case since small-caps have had a huge ...
by retired@50
Wed Apr 21, 2021 7:35 pm
Forum: Personal Investments
Topic: 3 ROTH Conversion Options
Replies: 13
Views: 965

Re: 3 ROTH Conversion Options

If I'm understanding correctly, you're trying to convert the $450k in the traditional IRA and you're currently in the 22% bracket. My questions are: What is your asset allocation? How is the $450k invested? Is there any room at all to do partial conversions and remain in the 22% bracket? Regards, B...
by retired@50
Wed Apr 21, 2021 6:43 pm
Forum: Personal Investments
Topic: 3 ROTH Conversion Options
Replies: 13
Views: 965

Re: 3 ROTH Conversion Options

If I'm understanding correctly, you're trying to convert the $450k in the traditional IRA and you're currently in the 22% bracket.

My questions are:
What is your asset allocation?
How is the $450k invested?
Is there any room at all to do partial conversions and remain in the 22% bracket?

Regards,
by retired@50
Wed Apr 21, 2021 6:21 pm
Forum: Personal Investments
Topic: Portfolio Advice Needed - Building Portfolio
Replies: 9
Views: 769

Re: Portfolio Advice Needed - Building Portfolio

My Roth IRA at Fidelity $131,000 (32% of portfolio) in FFFHX Fidelity Freedom 2050 Fund (0.75% expense ratio) Welcome to the forum. You would probably be better off using the Fidelity Freedom Index 2050 Fund with an expense ratio of .12% (Ticker = FIPFX). With regard to using Roth contributions in ...
by retired@50
Wed Apr 21, 2021 5:50 pm
Forum: Personal Investments
Topic: Valuations/Allocation
Replies: 9
Views: 541

Re: Valuations/Allocation

vanillagerm wrote: Wed Apr 21, 2021 3:35 pm May I ask what is IPS?
It's typically the document that talks you out of impulsive decisions, like the one you're considering now.

How many years until your intended retirement?

Regards,
by retired@50
Wed Apr 21, 2021 2:21 pm
Forum: Personal Investments
Topic: next dollar of savings, and asset allocation
Replies: 7
Views: 503

Re: next dollar of savings, and asset allocation

And what’s up with Schwab leaving 7% of your assets in cash instead of investing them? ... Thanks in advance for any advice This is one of the main ways Schwab makes money. They are also a bank, and love to hold on to customer cash, so they can make money off of it, and/or loan it out to borrowers....
by retired@50
Wed Apr 21, 2021 12:52 pm
Forum: Investing - Theory, News & General
Topic: Dividend Portfolio (SCHD) vs Stock-Bond (VTI-BND) Portfolio
Replies: 71
Views: 3291

Re: Dividend Portfolio (SCHD) vs Stock-Bond (VTI-BND) Portfolio

So my post shows that one can could have withdrawn $2000/mo for almost 10 years in a 100% dividend stock portfolio and end up with a substantially higher balance while generating substantially more income. With greater risk all the while. The fact that it worked in the past doesn't mean it will con...
by retired@50
Wed Apr 21, 2021 11:40 am
Forum: Personal Investments
Topic: Is Prudential worth it?
Replies: 28
Views: 1539

Re: Is Prudential worth it?

My questions are: Is there any reason at all to stay with Prudential and pay these fees? If not, should I go with Vanguard or someone else? Welcome to the forum. :happy If you have the time and energy to manage a simple 3-fund portfolio, then leaving the adviser is probably best, assuming you can a...
by retired@50
Wed Apr 21, 2021 11:19 am
Forum: Investing - Theory, News & General
Topic: Dividend Portfolio (SCHD) vs Stock-Bond (VTI-BND) Portfolio
Replies: 71
Views: 3291

Re: Dividend Portfolio (SCHD) vs Stock-Bond (VTI-BND) Portfolio

So my post shows that one can could have withdrawn $2000/mo for almost 10 years in a 100% dividend stock portfolio and end up with a substantially higher balance while generating substantially more income. With greater risk all the while. The fact that it worked in the past doesn't mean it will con...
by retired@50
Wed Apr 21, 2021 11:02 am
Forum: Personal Investments
Topic: I Bonds for a minor
Replies: 10
Views: 640

Re: I Bonds for a minor

There have been a number of recent posts on I bonds, which make it seem like a no-brainer to move $10k from a high-yield savings account (currently yielding around 0.5%) and move it into I bonds. Aside from myself, I'm thinking of doing the same for my infant. Are there any potential downsides that...
by retired@50
Wed Apr 21, 2021 10:50 am
Forum: Personal Investments
Topic: Taxable account - index funds vs. mutual funds
Replies: 5
Views: 490

Re: Taxable account - index funds vs. mutual funds

Welcome to the forum, Okay so for easy numbers, let's say you invest 100k in something like a FZROX - total market zero cost mutual fund in a TAXABLE brokerage account. MY REAL QUESTION IS... I started investing a couple of months ago, I purchased FZROX because of the no costs. However, as I am lea...
by retired@50
Wed Apr 21, 2021 9:38 am
Forum: Personal Investments
Topic: What does "won the game stop playing" mean in practice?
Replies: 192
Views: 14907

Re: What does "won the game stop playing" mean in practice?

But earn for so long as it is possible to do so? No thanks, I don't want to die at my desk. I'll include reasonable cushions in my plan and then pull the ripcord to a freer life . To me, having a freer life is the main reason to save. Having control over your own time is huge. I can do what I want,...
by retired@50
Wed Apr 21, 2021 9:19 am
Forum: Personal Investments
Topic: How to invest cash both in tax advantaged and taxable accounts right now.
Replies: 6
Views: 829

Re: How to invest cash both in tax advantaged and taxable accounts right now.

My husband and I both retired in the last couple of years. We got out of the market to some extent about 2 months before the crash in March 2021 and now have about half of an IRA in cash. We also have substantial cash in a savings account with virtually no return. We are debt free and can be comfor...
by retired@50
Wed Apr 21, 2021 9:12 am
Forum: Personal Investments
Topic: Need help with how to invest bonus
Replies: 15
Views: 957

Re: Need help with how to invest bonus

Why not split it between both goals?

Put half toward the mortgage, and half in your portfolio.

Regards,
by retired@50
Wed Apr 21, 2021 9:11 am
Forum: Personal Investments
Topic: Personal Finance Advisor - how to find
Replies: 11
Views: 1002

Re: Personal Finance Advisor - how to find

Before signing anything, consider this article by Jason Zweig, which includes the 19 questions you should ask your adviser (In Advance).

Link: https://jasonzweig.com/the-19-questions ... l-adviser/

Regards,
by retired@50
Wed Apr 21, 2021 9:05 am
Forum: Personal Investments
Topic: What does "won the game stop playing" mean in practice?
Replies: 192
Views: 14907

Re: What does "won the game stop playing" mean in practice?

It’s like the comical postings where someone in describing their assets includes cents . I can see the ease of copy/paste, but sometimes I wonder if the poster is aware that the numbers change daily. Sharp pencils and spreadsheets give a false sense of accuracy and predictability , and I worry abou...
by retired@50
Wed Apr 21, 2021 8:59 am
Forum: Personal Investments
Topic: Vanguard personal advisory service
Replies: 26
Views: 2253

Re: Vanguard personal advisory service

I have been having a cold feet to drop them but my logical mind tells me it is a waste of money for simply rebalancing every quarter for boiler plate advice. Anything complex they tell me to go to Tax advisor or estate attorney and they give you 30 minutes time to talk to them every quarter. In mos...
by retired@50
Tue Apr 20, 2021 9:09 pm
Forum: Personal Investments
Topic: VWO/VSS in Roth IRA or taxable?
Replies: 5
Views: 495

Re: VWO/VSS in Roth IRA or taxable?

I think VWO would be best in Roth or 401k. It's not tax efficient since much of the dividend isn't qualified.

Regards,
by retired@50
Tue Apr 20, 2021 8:25 pm
Forum: Personal Investments
Topic: Payoff Mortgage or Not?
Replies: 19
Views: 1603

Re: Payoff Mortgage or Not?

The answer is "maybe". You're comparing a guaranteed return with no risk (mortgage payoff) with a risky return that assumes market average returns over some period of time. What if your risky investment tanks somewhere along the way? But that's always true when comparing risky and risk fr...
by retired@50
Tue Apr 20, 2021 11:27 am
Forum: Personal Investments
Topic: Need portfolio guidance
Replies: 8
Views: 774

Re: Need portfolio guidance

... $580,000 in Apple stock [$390,000 in ROTH IRA, $190,000 in brokerage account] ... I would like to get more conservative than I am now but still want some growth potential. I have always been nervous about international funds but if I need some so be it. Thank you very much for looking at this! ...
by retired@50
Tue Apr 20, 2021 10:49 am
Forum: Personal Investments
Topic: Help with selecting 401(k) funds
Replies: 34
Views: 1335

Re: Help with selecting 401(k) funds

mikejuss wrote: Tue Apr 20, 2021 10:36 am I feel likewise about tax-loss harvesting, the rules for which are pretty darn baroque. But to each his own! :beer
If the IRS made it easy, everyone would be doing it...

Regards,
by retired@50
Tue Apr 20, 2021 10:45 am
Forum: Personal Investments
Topic: Wading Through The Fixed Income Maze
Replies: 18
Views: 1362

Re: Wading Through The Fixed Income Maze

dbr wrote: Tue Apr 20, 2021 10:28 am
David Jay wrote: Tue Apr 20, 2021 9:52 am
Please take this as humor, but humor with a point, from the old Bob Newhart show: https://www.youtube.com/watch?v=4BjKS1-vjPs
That seems incredibly apt to this forum.
It sure does. Maybe we can get it added as a sticky, or put in the wiki... :happy

Regards,
by retired@50
Tue Apr 20, 2021 10:13 am
Forum: Personal Investments
Topic: Help with selecting 401(k) funds
Replies: 34
Views: 1335

Re: Help with selecting 401(k) funds

1. Since interest rates for federal student loans are frozen until September (part of the CARES act for Covid), I wasn't going to make any payments yet. Does it still make sense to knock it out now even with frozen interest rates? I'd be making payments now, unless you can save up enough to pay off...
by retired@50
Tue Apr 20, 2021 10:10 am
Forum: Personal Investments
Topic: Confused about my old EE Savings Bond values [Answer: 17 vs 20 year Original Maturity]
Replies: 5
Views: 352

Re: Confused about my old EE Savings Bond values [Answer: 17 vs 20 year Original Maturity]

For the bonds that have already doubled, I'd cash them in.

If I recall correctly, I think the rate of interest they will earn from this point forward isn't particularly high.

Regards,
by retired@50
Tue Apr 20, 2021 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Personal liability for filing complaint for financial adviser?
Replies: 51
Views: 4299

Re: Personal liability for filing complaint for financial adviser?

After reading these responses, it's sounding more and more like she was simply a bad investment adviser. Now that I'm learning, I'm absolutely disgusted by this industry. A fellow Boglehead (and excellent author) William Bernstein wrote this: You are engaged in a life-and-death struggle with the fi...
by retired@50
Tue Apr 20, 2021 9:47 am
Forum: Personal Investments
Topic: Help with selecting 401(k) funds
Replies: 34
Views: 1335

Re: Help with selecting 401(k) funds

I just want to understand how to evaluate the choice of ditching something like HACAX for VFIAX/VBIAX. See linked article from Morningstar on how low expense ratios are a greater predictor of future success than past performance. Link: https://www.morningstar.com/articles/752485/fund-fees-predict-f...
by retired@50
Mon Apr 19, 2021 11:27 pm
Forum: Personal Investments
Topic: When to retire - 2 children
Replies: 56
Views: 8308

Re: How do you know when to call it?

my math says we are at 4.5% withdrawal rate if I were to retire now. A couple of variables for us are 1) cost of college for our 5 years old (projected calculation says $400k by the time she goes to college 2) cost of medical insurance. For those of you who decided to retire, how do you know you ar...
by retired@50
Mon Apr 19, 2021 7:55 pm
Forum: Personal Investments
Topic: Dad Dying, Son POA to become Executor, Bond Fund to Cash Now?
Replies: 25
Views: 3316

Re: Dad Dying, Son POA to become Executor, Bond Fund to Cash Now?

Does the bond fund position show a capital gain or a capital loss? If the position has a capital gain, and is sold while the FIL is alive, that gain will likely need to be recognized on FIL's final tax return. If you wait, you'll likely receive the stepped up basis on the position. Then, you could s...
by retired@50
Mon Apr 19, 2021 7:24 pm
Forum: Personal Investments
Topic: Payoff Mortgage or Not?
Replies: 19
Views: 1603

Re: Payoff Mortgage or Not?

So it comes down to can we earn $21K on an investment of $125K over a 11 year period. The answer is "of course"! The answer is "maybe". You're comparing a guaranteed return with no risk (mortgage payoff) with a risky return that assumes market average returns over some period of...
by retired@50
Mon Apr 19, 2021 6:51 pm
Forum: Personal Investments
Topic: Payoff Mortgage or Not?
Replies: 19
Views: 1603

Re: Payoff Mortgage or Not?

Do you own any bonds or bond funds in your portfolio?

If yes,

Is the interest on the bonds or bond funds more or less than your mortgage?

Regards,
by retired@50
Mon Apr 19, 2021 6:37 pm
Forum: Personal Investments
Topic: Vanguard personal advisory service
Replies: 26
Views: 2253

Re: Vanguard personal advisory service

Hello If PAS uses few index funds leaves them for long-term growth with quarterly 0.3% fees. Is this worth it ? Only service I get is quarterly rebalancing. I will appreciate comments from the forum if I am wasting money. It depends. It can be worth it if you're an investor who tends to tinker with...
by retired@50
Mon Apr 19, 2021 5:42 pm
Forum: Personal Investments
Topic: How to think of 529s and asset allocation?
Replies: 11
Views: 972

Re: How to think of 529s and asset allocation?

Maybe you'd prefer one of the fund choices in this 529 funds list from Vanguard?

https://investor.vanguard.com/529-plan/ ... nd-returns

Regards,
by retired@50
Mon Apr 19, 2021 5:26 pm
Forum: Investing - Theory, News & General
Topic: Future of advisory services?
Replies: 5
Views: 613

Re: Future of advisory services?

Get a library card.
Do some reading.

Education is waiting at the library's check-out desk.

Regards,
by retired@50
Mon Apr 19, 2021 5:10 pm
Forum: Personal Investments
Topic: Help with Investing Plan -- Choosing Funds for Retirement/Non-Retirement
Replies: 15
Views: 1169

Re: Help with Investing Plan -- Choosing Funds for Retirement/Non-Retirement

I'd probably use the TGCFX fund, even though the expense ratio isn't ideal.

Regards,
by retired@50
Mon Apr 19, 2021 12:09 pm
Forum: Personal Investments
Topic: TSP Questions
Replies: 15
Views: 1466

Re: TSP Questions

Maybe some reading... Like the Boglehead investment philosophy will help. https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy If you're making a permanent shift in your asset allocation, that's one thing (and might be appropriate). However, if you're trying to swerve around a mark...
by retired@50
Mon Apr 19, 2021 11:45 am
Forum: Personal Investments
Topic: New To Investing
Replies: 14
Views: 1081

Re: New To Investing

I'm a complete beginner to investing, so I was wondering how do you choose which companies are good to invest in, and which ones to stay away from? I always see people talk about doing your due diligence, but I'm not sure what that entails. Welcome to the Bogleheads forum. :happy If you're interest...