Search found 436 matches

by hulburt1
Wed Apr 07, 2021 10:31 pm
Forum: Personal Investments
Topic: How much cash do you really hold?
Replies: 91
Views: 6209

Re: How much cash do you really hold?

68 have 180000 in cash MM and saving. 1.1m in S&P 500 and Apple. IRS and 222000 in Roth IRA. no bond never have or will.
I live on 50000 year. That cash covers me to SS and then RMD. :sharebeer
by hulburt1
Sat Jan 23, 2021 1:26 am
Forum: Personal Finance (Not Investing)
Topic: stimulus IRS, 1099
Replies: 6
Views: 811

Re: stimulus IRS, 1099

I do not need to file it and pay tax?
by hulburt1
Sat Jan 23, 2021 12:01 am
Forum: Personal Finance (Not Investing)
Topic: stimulus IRS, 1099
Replies: 6
Views: 811

stimulus IRS, 1099

Will IRS be sending a 1099 for the stimulus check. We do not know :oops: the amount we received. Is there a place with IRS that we can get that information. Thanks.
by hulburt1
Mon Jan 18, 2021 4:47 pm
Forum: Investing - Theory, News & General
Topic: Is it more advantageous to take all of yearly distribution in one go, or once every month?
Replies: 33
Views: 2920

Re: Is it more advantageous to take all of yearly distribution in one go, or once every month?

I have 3 years in MM IRA. On 7,15,21 I have 1500 sent to my checking account. I then put in 0ne of two saving. One is for playing, save for rainy. The other one I have 500 sent to checking every Fri. At the end of the month I buy something I want for the house. If I have nothing I want or planned fo...
by hulburt1
Thu Dec 10, 2020 2:13 pm
Forum: Investing - Theory, News & General
Topic: wash rule
Replies: 1
Views: 132

wash rule

I wanted to by Apple but I sold it by accident :confused . It is in my IRA. If I buy one hour later can I? Not brake the wash rule?
by hulburt1
Sun Nov 08, 2020 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Modified Adjusted Gross Income
Replies: 7
Views: 1269

Re: Modified Adjusted Gross Income

Thanks everyone :sharebeer
by hulburt1
Sat Nov 07, 2020 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Modified Adjusted Gross Income
Replies: 7
Views: 1269

Modified Adjusted Gross Income

I'm trying to understand my Modified Adjusted Gross Income.
For Medicaid. The cut off for increase is 87000 for single. Does that count the 13850 deduction? (100,850)
I'm at 80000. I wanted to take 10000 from my IRA. Will that put me over?
by hulburt1
Wed Oct 07, 2020 1:00 pm
Forum: Personal Investments
Topic: Roth conversion How aggressive 22% or 24%?
Replies: 99
Views: 9078

Re: Roth conversion How aggressive 22% or 24%?

67 1m in IRA and 200000 Roth Will take SS at 70. I can live at 12% but should I go to top 22 or 24% next 3 years. I can live on 2000 a month. I'm taking out right now 45000 and paying some Roth and a Dr. bill. I also have a pension of 10000 a year. No bills and own home 400000. Single. stay at 12% o...
by hulburt1
Thu Sep 24, 2020 1:04 pm
Forum: Personal Consumer Issues
Topic: Anyone REGRET retiring too soon?
Replies: 77
Views: 15218

Re: Anyone REGRET retiring too soon?

At 55 got hurt but not bad. Retired and have not really worked for 13 years. I have a part time job coaching track and xc HS kids. Not really a job. I have more money now then when I called it quits. At 70 I'm start SS and make 4 times what I made working.
by hulburt1
Fri Sep 11, 2020 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Time to take some profit
Replies: 5
Views: 734

Re: Time to take some profit

what are you in. asset allocation. What Bond Fund are you in? I've always have had 2 to 3 years cash. I have only my IRA and Roth. I have been retire 13 years and never had a bond. I just have S%P and cash. In the last 13 year I have increased my Ira by 1.2m. plus spent about 50000 a year. I'm alway...
by hulburt1
Fri Sep 11, 2020 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Time to take some profit
Replies: 5
Views: 734

Time to take some profit

I'm 67. Sold at the high this year. I'm back up 88% stocks. At the end of the year I usually take 2 years living expenses out and put in MM. I have enough to get to 70 and SS. But I'm thinking taking 100000 right now from S&P. I will still have 1m in stocks but 7 years of cash. that will get me ...
by hulburt1
Wed Sep 02, 2020 7:54 am
Forum: Personal Investments
Topic: Annuitizing vs. 4% withdrawls
Replies: 45
Views: 2686

Re: Annuitizing vs. 4% withdrawls

If she needs 30000 a year. divide 800000 by 30000. It will give her 30000 until she is 92. Her 800000 will grow. In the last 6 years her money could double.
by hulburt1
Mon Aug 31, 2020 2:06 pm
Forum: Personal Investments
Topic: Dump Bonds -- buy AAPL & TSLA split?
Replies: 131
Views: 10795

Re: Dump Bonds -- buy AAPL & TSLA split?

When Facebook came out I sold all my bond fund and bought 4000 shares, boy did I and have :moneybag money.
by hulburt1
Mon Aug 31, 2020 2:03 pm
Forum: Personal Investments
Topic: Dump Bonds -- buy AAPL & TSLA split?
Replies: 131
Views: 10795

Re: Dump Bonds -- buy AAPL & TSLA split?

Put it in your Roth and let it sit for 10 years. That's what I did today. Apple $250000
by hulburt1
Mon Aug 31, 2020 1:58 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 305
Views: 38157

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

I'm 67 and bought $250000 of Apple, also sold 100000 of face book today :sharebeer . I no what I can lose and still be very well off. In 3 years I'll get SS. I have over a 1m in the stock market most in S&P. I'm having fun.
by hulburt1
Sun Aug 30, 2020 8:40 am
Forum: Personal Investments
Topic: Checking in with 2 and 3 fund portfolio people
Replies: 23
Views: 2667

Re: Checking in with 2 and 3 fund portfolio people

No bonds and never will. Have 5 years cash and the rest S&P and play with Facebook. Will take ss in 3 years at 70. I look at cash I need for 20 years, with 1.3m I can make it at about 1000 a week for the rest of my life. That's not including ss or small pension. I'm a person that made it here on...
by hulburt1
Fri Aug 28, 2020 7:21 pm
Forum: Investing - Theory, News & General
Topic: How long could you live off your portfolio if the worst happened?
Replies: 110
Views: 10968

Re: How long could you live off your portfolio if the worst happened?

I'm 67. At 7 ss=26000 pension 10000 have 1.3m house paid off. 2 paid for cars. Easily live on 3000 a month. Last 2 months being grounded live on less then 1000. I could live without phone, Tv. but must have daily fix of Bogleheas.org I've 25 year old shirts I still put on. They do seem to shrink dur...
by hulburt1
Thu Aug 27, 2020 6:15 am
Forum: Personal Investments
Topic: Vanguard Funds that offer a monthly payment?
Replies: 27
Views: 3428

Re: Vanguard Funds that offer a monthly payment?

Every week I have $1000 sent from my MM to my checking. I can start it and stop it. Vanguard takes out the tax's that I want taken out. I have been doing it this way for years.
by hulburt1
Sun Aug 16, 2020 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Any complications of direct pay to IRS instead of W4 adjusting?
Replies: 11
Views: 814

Re: Any complications of direct pay to IRS instead of W4 adjusting?

What about Direct from my Ira. I have 10000 from Ira to Roth then 1500 and 1300 for Fed and state from my Ira. I have to pay it from some where.
by hulburt1
Tue Aug 11, 2020 6:35 pm
Forum: Personal Consumer Issues
Topic: What YouTube channels do you watch?
Replies: 56
Views: 5266

Re: What YouTube channels do you watch?

Heritage Wealth planning.
Have 150 videos'. A lot of good information
no trying to sell you something.
by hulburt1
Mon Aug 10, 2020 7:46 am
Forum: Investing - Theory, News & General
Topic: Real life example of 7 digit 401k/Roth IRA portfolios
Replies: 60
Views: 6441

Re: Real life example of 7 digit 401k/Roth IRA portfolios

Never made more then 40000, retired at 55 with 800000, at 67 about 2m Will take SS at 70. Wife has 1.3m We just spite for good after 41 years. she has a small spending problem but we are still good friends. all vanguard. 3 years ago we hit it big and cleared 500000 in S&P. In those 12 years I to...
by hulburt1
Wed Jul 29, 2020 3:51 pm
Forum: Personal Investments
Topic: Poor service at Vanguard making me re-think my decision
Replies: 153
Views: 15443

Re: Poor service at Vanguard making me re-think my decision

I don't work for Vanguard. But the service a got during my devoiced. It was like she was holding my hand. My wife has 2m with them thanks to me. Sister moved 1m to vanguard she loves them and I'm at 2m I have been with them sense they opened up. I did ask if they would send me a toaster with the cli...
by hulburt1
Wed Jul 22, 2020 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much (for our needs)?
Replies: 35
Views: 4092

Re: Are we saving too much (for our needs)?

I'm 67 and one thing I wish I did was put more in Roth and less in my Ira.
by hulburt1
Tue Jul 21, 2020 10:17 pm
Forum: Personal Consumer Issues
Topic: Moving to Baltimore area
Replies: 49
Views: 4069

Re: Moving to Baltimore area

You should really check the schools out. I have heard that that there are 13 high school and all are failing in math not one student is passing. .
by hulburt1
Sat Jul 18, 2020 7:16 am
Forum: Investing - Theory, News & General
Topic: A careful look at the Roth
Replies: 14
Views: 1666

Re: A careful look at the Roth

I'm 67 have been moving money to Roth for years. This year I had to have $30000. I just went to my Roth and out came the money. Did not have to get it from my paid off house or take from my Ira which would have cost me 32% tax. I've built up my Roth so I can take out 1500 a month tax free for 20 yea...
by hulburt1
Mon Jul 06, 2020 9:19 am
Forum: Personal Investments
Topic: Bond Alternatives in the time of Zero rates
Replies: 151
Views: 15307

Re: Bond Alternatives in the time of Zero rates

I'm 67. Right now my best bond is weighting to take SS at 70. I have 400000 in MM This will last for 10 years. I have 750000 in S&P Which will be used after my MM money run out. Bonds make no sense to me. All is in Roth and Ira. I look at moving money from Ira to Roth as a good Annuity. For ever...
by hulburt1
Thu Jul 02, 2020 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Question - Reloc to TX
Replies: 105
Views: 8301

Re: Question - Reloc to TX

Sister lives in Tyler. Lived in Sac. cal. She loves it there. You can fly your flag and no one cares. This year 3 tornado :sharebeer , 5 copper heads and its 100 out side but you think your in a shower.
by hulburt1
Tue Jun 30, 2020 8:49 am
Forum: Investing - Theory, News & General
Topic: Do Index Funds Overvalue the S&P 500?
Replies: 12
Views: 1535

Re: Do Index Funds Overvalue the S&P 500?

S&P has made me a millionaire so that what I stick with. 67 and still 70% S&P.
by hulburt1
Fri Jun 26, 2020 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Going Thru Divorce
Replies: 41
Views: 6803

Re: Going Thru Divorce

I'm 67 married 41 years. At thanksgiving wife walks in a said I want to move out. Found that last year she spent 130000 from her IRA. Then as we are working to go our on ways she says I have 60000 worth of loans. I took the paid off house, gave her 120000 from my IRA and paid the loans off. June 8th...
by hulburt1
Thu Jun 18, 2020 7:25 am
Forum: Personal Finance (Not Investing)
Topic: How to think about money earned during semi-retirement
Replies: 26
Views: 2450

Re: How to think about money earned during semi-retirement

I'm 67 and coach HS track and x-c. I love it. I coach 6 months a year about 3hr a day. I'm the head coach so I can decide what I want to do. HS kids keep me young, They are all smarter then me but they love my wisdom about life. My check all go's to tax's on the money that I put into my Roth from my...
by hulburt1
Wed Jun 17, 2020 8:28 pm
Forum: Personal Investments
Topic: Why Morgan Stanley Says the 60/40 Portfolio Is Doomed
Replies: 107
Views: 11759

Re: 60/40 split at 70 year old?

If you need 14444 to live on you could put 144444 in cash and live for 10 years. Then have 455555 in stocks. every year take out 14444 from your stock and add to your cask. On average your stock could through off 35000 with a 8% return. :sharebeer
by hulburt1
Wed Jun 10, 2020 6:42 am
Forum: Investing - Theory, News & General
Topic: Increasing Cash Reserves
Replies: 32
Views: 3635

Re: Increasing Cash Reserves

Was 97% in the market just before all H broke sold everything. 48 years of market. Just got scared :sharebeer . Then back in after about 2 months. I'm $400000 in cash will give me 10 years without touching my 800000 in the S&P. Being single, 67 years old and living on about 3000 a month I will b...
by hulburt1
Wed Jun 10, 2020 6:28 am
Forum: Personal Investments
Topic: percentage of portfolio in Roth?
Replies: 72
Views: 3797

Re: percentage of portfolio in Roth?

I'm 220000 Roth/1m Ira.

My goal is to have free money coming in monthly. I would like 360000 in Roth, that would give me 3000 a month for 10 years tax free. I'm 67 will be taking SS at 70. I look at my Roth as a annuity but I control.

At 70
monthly
2200 ss
3000 Roth
Pension 800
Ira up to top of 12%
by hulburt1
Fri Jun 05, 2020 11:13 am
Forum: Investing - Theory, News & General
Topic: Roth Contributions as "Emergency Fund?"
Replies: 16
Views: 1372

Re: Roth Contributions as "Emergency Fund?"

I really have been thinking That all I have sent to me monthly would be put in my Roth yearly pay the tax and just have small amount sent to me monthly when needed. It would also build up my Roth for the day RDM kicks in 5 years from now. I do think it would help me control my tax's now and later. Y...
by hulburt1
Tue Jun 02, 2020 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Need money from your retirement fund? Vanguard advises taking loans instead of withdrawals.
Replies: 8
Views: 1245

Re: Need money from your retirement fund? Vanguard advises taking loans instead of withdrawals.

I'm down to needing 28000 for a loan I'm taking over after divorce. I don't want a 500 monthly payment for nest 5 years. I could take it out of my Roth. it has 205000. or Ira 1.1m. I take out now 3000 a month have thought taking 1000 more per month. I'm at 12% but hit 22% with taking out of Ira. Rot...
by hulburt1
Fri May 29, 2020 10:38 am
Forum: Personal Investments
Topic: How to invest for the next 20 years?
Replies: 13
Views: 1107

Re: How to invest for the next 20 years?

If you divide 600000 by 20 you will have your money 30000 a year. Do a annuity they have it plus they will be giving you your money to live on. If you die who gets the money? and can you get that money with out cost?
by hulburt1
Fri May 29, 2020 10:32 am
Forum: Personal Investments
Topic: How to invest for the next 20 years?
Replies: 13
Views: 1107

Re: How to invest for the next 20 years?

You have SS.. You need 30000 a year. I would and did myself put 5 years in cash. (150000) the rest would be in S&P. I look at my S&P once a year and see how it did and move the increase to my MM. your tax's will be 0. Your S&P should kick out about 27000 a year. You don't have to move al...
by hulburt1
Thu May 28, 2020 10:58 am
Forum: Investing - Theory, News & General
Topic: Roth + Time vs Pretax + tax
Replies: 94
Views: 6107

Re: Roth + Time vs Pretax + tax

3 things-RMD at 72-SS will add to income and in 5 years your tax's will go up it's in the law. I'm 67 those tax's are going to hurt more then you think, So a Roth now my help with the hurt. Take a look at RMD for 1m..at 72 its not bad but at 77 it will really hurt. With pension, Ira-RMD, SS and the ...
by hulburt1
Sat May 23, 2020 12:46 pm
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 97
Views: 8144

Re: NJ property taxes too high. What are my alternative states?

Stay. You voted for the folks that raised your tax's. Live with it.
by hulburt1
Tue May 19, 2020 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Need money from your retirement fund? Vanguard advises taking loans instead of withdrawals.
Replies: 8
Views: 1245

Re: Need money from your retirement fund? Vanguard advises taking loans instead of withdrawals.

I have 1.2m in Ira and 200000 in Roth. I can not work because of the Vires. I have been sending 30000 from Ira to Roth for 5 years. My house is paid off. What I do not pay back in the loan in 3 year I just pay the tax on that. I can give my wife 120000 from my Ira (QDRO) and be done. This loan has n...
by hulburt1
Tue May 19, 2020 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Need money from your retirement fund? Vanguard advises taking loans instead of withdrawals.
Replies: 8
Views: 1245

Need money from your retirement fund? Vanguard advises taking loans instead of withdrawals.

I need $100000. I'm 67 should I take a vires loan from my Ira. You do not pay tax's for 3 years. You can pay it back and not pay tax. It is interested free and will not cost anything if paid back on time. What is not paid will be taxed. I have cash sitting in my MM and not making anything. Would it ...
by hulburt1
Thu May 14, 2020 9:16 am
Forum: Personal Investments
Topic: Low risk vanguard fund for short term?
Replies: 18
Views: 1480

Re: Low risk vanguard fund for short term?

I have won the game, I have 500000 in s%p 680000cash. I'm going to leave 140000 in cash for 3 years to get me to 70 and SS. what bond or just leave in cash for 3 years the money I don't need for 3 years. Has anyone looked at stars fund? Thanks I'm 67 thanks, bonds just scare me.
by hulburt1
Tue May 12, 2020 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Setting up wife after devorce
Replies: 45
Views: 6078

Re: Setting up wife after devorce

Thanks for all the caring.
by hulburt1
Sun May 10, 2020 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up wife after devorce
Replies: 45
Views: 6078

Re: Setting up wife after devorce

We will have about 1m each. In Oregon you can do it on line. We have worked this out over the last 2 months. She is a very good person. No one else is in the picture. We are going to do it together and take it in or will send it in. We have dinner twice a week and she was over today. We just need to...
by hulburt1
Sun May 10, 2020 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up wife after devorce
Replies: 45
Views: 6078

Setting up wife after devorce

My wife of 41 years has decided to split. She is 64. We are good friends and I want her to make it. I'm giving her 120000 from my Ira to hers, I' also paying off 60000 in loans that I did not know about. This is one reason we are going separate ways. You think this is a good plan for her. 320000 in ...
by hulburt1
Mon Apr 27, 2020 3:21 pm
Forum: Investing - Theory, News & General
Topic: Bonds won't get you anywhere!
Replies: 85
Views: 9876

Re: Bonds won't get you anywhere!

I'm all set have 3 years cash, 650000 in stocks now bonds I want to open up a bond fund and add to it weekly the goal for the money is use it in 3 to +5 years, I'm stating with 10000. and will add 1000 a week. have 400000 in cash that I'll start moving in. What fund would you put in. I won the game ...
by hulburt1
Mon Apr 27, 2020 8:48 am
Forum: Personal Investments
Topic: 90% Bond 401k is up 3.2% Year to date, AA 30-40% Stocks Am I still Stupid?
Replies: 7
Views: 788

Re: 90% Bond 401k is up 3.2% Year to date, AA 30-40% Stocks Am I still Stupid?

I'm going to follow you. I'm trying to change after being 97% in the market for 40 years. I sold 2 months ago have 1.3 cash. Bond I'm 67 now and will wait until 70 for SS. You getting information that is helping me Thanks.
by hulburt1
Sat Apr 25, 2020 11:03 am
Forum: Investing - Theory, News & General
Topic: Vanguard's new forecast from Christine Benz
Replies: 38
Views: 6834

Re: Vanguard's new forecast from Christine Benz

So last year I was up 33% so I made up 5 years. I was all in Vanguard. No one no's no's
I forecast that If you die tomorrow and had all your money in the S%P. In 10 years you have made close to 8% and you would be dead. So don't move your money from S&P>