Search found 1841 matches

Return to advanced search

Re: 24 yr old needing help with 401k allocation & rebalancin

Maybe something like this (rounded): 1. 75% JPMCB Equity Index - CF 20.88% 25% Russell Retirement Fund-6 -- 0.38 or: 2. 20% JPMCB Stable Asset Income-Inv -- 0.41 expense ratio (or maybe JPMorgan US Active Fixed Income 14.57%) 80% JPMCB Equity Index-CF -- 0.10 I would wait until you do a Roth IRA to ...
by BL
Thu Apr 24, 2014 11:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: 24 yr old needing help with 401k allocation & rebalancing
Replies: 2
Views: 141

Re: Am I stupid if I use my Roth IRA for a home downpayment?

We spend a lot on food, eating out, booze, travel and other discretionary expenses at about $1,500 per month. Which is more important to you, this or buying a home? Also, maybe, what is better for your unborn child? Edt: Oops, similar thinking to above post! You may have real emergencies after you ...
by BL
Thu Apr 24, 2014 10:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Am I stupid if I use my Roth IRA for a home downpayment?
Replies: 9
Views: 575

Re: Looking for review/suggestions on my investment

You have a good Asset Allocation, I believe, and a good choice of funds. I haven't even considered international bonds, but see nothing wrong with them and I do have a bit of Target fund which includes them. You should research the advantages and disadvantages of delaying higher earner SS as long as...
by BL
Thu Apr 24, 2014 6:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: Looking for review/suggestions on my investment
Replies: 3
Views: 212

Re: Helping my parents with retirement

I would consider gifting I-Bonds to her if she is ok with having them online. These can be purchased at http://www.treasurydirect.gov/ I-Bonds adjust every 6 months for inflation and can be cashed in after 1 year. You can never lose principal. Every month she can work and delay SS will get her more ...
by BL
Thu Apr 24, 2014 5:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Helping my parents with retirement
Replies: 6
Views: 703

Re: Money management advice

The Earned Income credit may be the deciding factor on the advantage of lowering AGI (by traditional TSP), since it involves ~2 to 6 thousand dollars of refundable credit for low income with 3 children. The more you can lower your income, the greater the credit becomes. This would wipe out the Saver...
by BL
Thu Apr 24, 2014 3:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Money management advice
Replies: 7
Views: 779

Re: Money management advice

Questions: As suggested, we don't know enough so editing your first post to the format suggested would help get better answers. 1. I have roughly 6k in a previous employee 457 plan (Prudential) which I can no longer contribute to due to me no longer being employed with my old company. Hypotheticall...
by BL
Thu Apr 24, 2014 1:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Money management advice
Replies: 7
Views: 779

Re: 25yo needs help with AA

Questions: 1. Seeing that I am just starting out and have a long way to go until retirement (30+ years), what would be a recommended allocation strategy for my 401k? I would still like to keep a small portion in company stock due to some strange feeling of loyalty I guess... I believe it is recomme...
by BL
Thu Apr 24, 2014 12:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: 25yo needs help with AA
Replies: 4
Views: 378

Re: Vanguard e-delivery

Do you all get paper annual statements even with e-delivery? It is not at all clear to me what you get. I would like to go down to just annual statements and 1099s but don't know if that is possible, so have held off on most of it. I wish there were a check list to select what you still want in paper.
by BL
Thu Apr 24, 2014 12:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard e-delivery
Replies: 26
Views: 913

Re: Tell Me I'm Stupid To Consider Quitting My Job and Movin

I also think you would benefit from doing volunteer work; do something you are passionate about (or just what you find). Whether it is at a school (maybe you could convince your boss that it would be to the company's advantage), legal aid, soup kitchen, sing or play an instrument, AARP/TCE or VITA f...
by BL
Thu Apr 24, 2014 12:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
Replies: 62
Views: 3301

Re: Tell Me I'm Stupid To Consider Quitting My Job and Movin

You will find yourself more employable if you have a job. Why not use this time in a job search and traveling to different parts of the country to find what you like? You can still leave your stuff in storage and live minimally for a year or so if desired. You may be experiencing a bit of culture sh...
by BL
Thu Apr 24, 2014 10:12 am
 
Forum: Personal Finance (Not Investing)
Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
Replies: 62
Views: 3301

Re: Help with my 401k investments

If you would like more responses, I suggest you put all you information into the format that many are used to and that answers a lot of questions without having to draw them out. I know it is a lot of work, but it is also a very useful exercise for you and helps you look at the entire picture. See A...
by BL
Thu Apr 24, 2014 9:58 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with my 401k investments
Replies: 2
Views: 248

Re: Help with my 401k investments

The S&P is great and Wellesley is fine, depending on what you plan to have in an IRA. I will let you figure it out, but, for example, 1/3 Wellesley and 2/3 S&P500 would be reasonable. Put as much as you can into the traditional 401k. You could add a Roth IRA at Vanguard as well. Do taxable o...
by BL
Wed Apr 23, 2014 11:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with my 401k investments
Replies: 2
Views: 248

Re: 401k / Roth IRA Allocation Advice

You have the Target Retirement 2030. That is great. Hopefully they don't add on too much in cost (ER).
by BL
Wed Apr 23, 2014 4:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401k / Roth IRA Allocation Advice
Replies: 8
Views: 534

Re: Social Security or 401a plan?

ICMARC is pretty expensive. I was glad to roll over from there. Have you looked at what happens in retirement if you or your spouse will get some pension as well as SS? SS may not want to pay you the usual calculated amount if you earned that pension without paying in to SS. http://www.ssa.gov/pubs/...
by BL
Wed Apr 23, 2014 2:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: Social Security or 401a plan?
Replies: 1
Views: 181

Re: New 24 yo Investor Looking for Advisor and Roth IRA Advi

They may charge you $50-$100+ to get out, so be prepared to make up the difference to bring the amount up to the minimum $1000 at Vanguard. If that just doesn't work for you, you could find a discount broker such as Schwab where you could open a Roth IRA with less and just get an S&P500 fund or ...
by BL
Wed Apr 23, 2014 9:07 am
 
Forum: Investing - Help with Personal Investments
Topic: New 24 yo Investor Looking for Advisor and Roth IRA Advice
Replies: 11
Views: 644

Re: New 24 yo Investor Looking for Advisor and Roth IRA Advi

Read a recommended book mentioned in the Wiki such as Boglehead's Guide to Investing for some good starting information. The Wiki has a lot of information that may be useful. Start at Getting Started. The 3-fund portfolio is a great way to get started investing. The Target funds are essentially that...
by BL
Tue Apr 22, 2014 10:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: New 24 yo Investor Looking for Advisor and Roth IRA Advice
Replies: 11
Views: 644

Re: Portfolio Check: 32 yrs old, going to rebalance to 78/22

I hope you are not selling in taxable to get to the exact decimal amount you want! Unless you go down to 75/25, it won't make much difference, anyway. Bands of + or - 5% are common here. How about gradually increasing your bonds in your 401k? Are you filling up your tax-advantaged accounts before ta...
by BL
Tue Apr 22, 2014 8:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio Check: 32 yrs old, going to rebalance to 78/22
Replies: 10
Views: 942

Re: Invest $180k cash + $50k yearly investment

Read the book mentioned and the Wiki "Getting Started" will also be a good start. I wouldn't keep planning too much on your early retirement until you get a good start on funding for retirement. Max 401k, Roth IRA (see Backdoor Roth in Wiki), HSA if qualified, maybe $10k/year in I-Bonds if...
by BL
Tue Apr 22, 2014 3:01 am
 
Forum: Investing - Help with Personal Investments
Topic: Invest $180k cash + $50k yearly investment
Replies: 5
Views: 1155

Re: is whole life insurance a good investment?

No, there is no good reason to waste your money here rather than invest in low-cost index funds. They want to sell to you because their income depends on it. It is nothing but trouble; if you later borrow on it, you could crash the policy and lose it and owe tax on it as well if you don't pay it back.
by BL
Tue Apr 22, 2014 2:20 am
 
Forum: Investing - Help with Personal Investments
Topic: is whole life insurance a good investment?
Replies: 17
Views: 1484

Re: Which third fund for roth

It is fine to have total stock market in Roth as well as taxable.
Agree that you can't get good advice without more information.
by BL
Tue Apr 22, 2014 12:32 am
 
Forum: Investing - Help with Personal Investments
Topic: Which third fund for roth
Replies: 6
Views: 345

Re: Forced job responsibility putting me in a panic

http://www.toastmasters.org/ToastmastersMagazine/ToastmasterArchive/2007/December/ReframingThreeFears.aspx has some good advice for a phobia such as this. Also consider joining Toastmasters, Dale Carnegie, or similar groups where you regularly practice public speaking. It truly does get better with...
by BL
Mon Apr 21, 2014 11:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: Forced job responsibility putting me in a panic
Replies: 32
Views: 2125

Re: Lots of Questions Re: Investment Portfolio

Good, I was hoping Duckie would chime in with his excellent detailed advice!
by BL
Mon Apr 21, 2014 7:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Lots of Questions Re: Investment Portfolio
Replies: 19
Views: 1613

Re: Lots of Questions Re: Investment Portfolio

Can you get a mortgage refi (have you paid off 20%?) If you could get a 15 yr at much lower rate, then maybe it would make sense to pay it down to get it.

I would keep the Vanguard funds.
by BL
Mon Apr 21, 2014 4:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: Lots of Questions Re: Investment Portfolio
Replies: 19
Views: 1613

Re: Just maxed 2013 Roth IRA. Should I max 2014 now too?

Have a Roth 401k through my work that I opened at the same time. 80/20 split and contributing 10%, but I can give more info if necessary. I would say that at least until contributing the max to retirement funds, it is better to stick with regular 401k and contribute the tax saved (15% fed + x% stat...
by BL
Mon Apr 21, 2014 8:41 am
 
Forum: Investing - Help with Personal Investments
Topic: Just maxed 2013 Roth IRA. Should I max 2014 now too?
Replies: 21
Views: 2596

Re: Lots of Questions Re: Investment Portfolio

Questions: 1. Should we use some of the inheritance to pay down our debts? After reading the materials on this website and comparing the interest rates to bond benchmarks, it seems like it would make the most sense to pay down my wife’s Student Loan 1 Account (at 3.5%) and leave the other loans out...
by BL
Sun Apr 20, 2014 10:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: Lots of Questions Re: Investment Portfolio
Replies: 19
Views: 1613

Re: Please critique my 300k portfolio

You will get more help if you use the suggested format at the top of "Investing-Help with personal investments". Otherwise there has to be digging out of information and something important can easily be missed. Funds should have both name and symbols and include ERs as most don't have the...
by BL
Sun Apr 20, 2014 7:28 am
 
Forum: Investing - Help with Personal Investments
Topic: Please critique my 300k portfolio
Replies: 12
Views: 1836

Re: Vanguard Personal Advisor Services

No, I am not sure but you could look at the several articles listed on the side. I will bow out as I am not sure now what you or he are looking at and I have no particular interest at this time. Here is from Part 4: The advisor answered both investment and non-investment questions in the consultatio...
by BL
Sat Apr 19, 2014 3:48 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard Personal Advisor Services
Replies: 26
Views: 4122

Re: Vanguard Personal Advisor Services

TFB (see post above) has tried and written about this service on his blog: http://thefinancebuff.com/vanguard-financial-plan-review-consultation.html
by BL
Sat Apr 19, 2014 2:10 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard Personal Advisor Services
Replies: 26
Views: 4122

Re: Presentation for Retiring Physicians

I would look at the Contents page of Boglehead's Guide to Retirement and decide if some of those should be added.
by BL
Sat Apr 19, 2014 1:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Presentation for Retiring Physicians
Replies: 5
Views: 676

Re: Help with Investment Advice

What income and what expenses do they have now and in the future? Have they started to take SS? If so, If less than 1 year ago, I believe the higher income person might be able to suspend and delay so that the COLAd SS income might increase and also be there for the survivor. This could be the best ...
by BL
Sat Apr 19, 2014 1:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with Investment Advice
Replies: 9
Views: 628

Re: Can you put after tax RMD withdrawals into ROTH?

We made extra QCDs at end of last year (since it was not renewed for this year) to cover some of the money we planned to give this year, sort of like bunching deductions. Our small RMDs are much lower than charitable contributions and we do not itemize.
by BL
Fri Apr 18, 2014 10:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Can you put after tax RMD withdrawals into ROTH?
Replies: 25
Views: 1132

Re: Can you put after tax RMD withdrawals into ROTH?

Since you are planning for the future RMDs, also watch for Congress to reinstate QCDs (qualified charitable distributions) which is not yet in effect this year but has been the law for several years now, often passed at the last minute. On the day you do RMD, call to have checks made out to qualifie...
by BL
Fri Apr 18, 2014 6:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: Can you put after tax RMD withdrawals into ROTH?
Replies: 25
Views: 1132

Re: Trying to clean up personal finance

Stay away from investment and insurance advisers if you want to avoid giving them a big share of your income from investments. There may be insurance that you need and seek out such as disability and term life, but don't let them up-sell you with whole life or annuities! Vanguard has the most low-co...
by BL
Fri Apr 18, 2014 6:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Trying to clean up personal finance
Replies: 17
Views: 1672

Re: Need Help with Investments

I am surprised you don't have health insurance. Is it a private school? Where are you getting it now? Do you get a pension? Are you committed long term to this job?

Short term needs should not be invested in stocks, although you have probably done well lately.
by BL
Fri Apr 18, 2014 5:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need Help with Investments
Replies: 12
Views: 651

Re: Trying to clean up personal finance

The Roth IRA could also be considered a back-up emergency fund (for those very unlikely occurrences) so it is good to have. Only contributions can be removed without tax and penalty.
by BL
Fri Apr 18, 2014 4:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Trying to clean up personal finance
Replies: 17
Views: 1672

Re: Investing a financial settlement

I guess my question is whether I should do anything differently with both chunks of cash than a brokerage mutual fund? In other words...529 plans, life insurance, annuities, etc, etc? Don't let anyone sell you insurance, annuities, etc. Consider term (only) insurance if you need it. They will want ...
by BL
Fri Apr 18, 2014 11:47 am
 
Forum: Investing - Help with Personal Investments
Topic: Investing a financial settlement
Replies: 10
Views: 432

Re: Investing a financial settlement

Max all tax advantaged accounts each year:

17.5k + 5k to 401k, 6500 each to Roth IRA. Any other that you max use such as Flex plans.

Are you sure kids won't be eligible for aid? Will several be in college at same time?
by BL
Fri Apr 18, 2014 10:18 am
 
Forum: Investing - Help with Personal Investments
Topic: Investing a financial settlement
Replies: 10
Views: 432

Re: Annuity Rollover

Ask the company for an "in-force illustration" so you have some numbers to look at. Rollover may not be the correct term; perhaps a 1035 conversion to a Vanguard annuity is what you mean. You could ask Vanguard what type of accounts you could do a 1035 to. Otherwise you either leave it alo...
by BL
Fri Apr 18, 2014 9:56 am
 
Forum: Investing - Help with Personal Investments
Topic: Annuity Rollover
Replies: 15
Views: 611

Re: Newly Widowed, what to do with the life insurance money.

I have been lurking for a long time, and am coming out of lurk mode to respond to Morningstarc's post..... What an excellent and touching first post. A lot of sage advice from someone who has been in the OP's shoes. Welcome, Herekittykitty ! +1 There is a lot of useful common sense information here...
by BL
Fri Apr 18, 2014 8:47 am
 
Forum: Investing - Help with Personal Investments
Topic: Newly Widowed, what to do with the life insurance money....
Replies: 28
Views: 3254

Re: Roth IRA/Traditional IRA

You could use a suitable Target Retirement or Life Strategy fund which maintains balance so you don't need to do anything. Of course, a single stock fund would also not need to be rebalanced because you wouldn't have a bond or international fund to keep in balance with it.
by BL
Thu Apr 17, 2014 8:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth IRA/Traditional IRA
Replies: 9
Views: 393

Re: Beginning Investor - 457B Good Idea?

You could get the same deferred taxes by using a deductible traditional IRA with a Vanguard Target Retirement fund of desired stock/bond ratio instead of a Roth at least until some future date. If you expect huge increases in pay, I would not recommend it, but if you are not, you will probably not b...
by BL
Thu Apr 17, 2014 2:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: Beginning Investor - 457B Good Idea?
Replies: 8
Views: 408

Re: Help select laptop

you are the ALMOST ideal candidate for a Chromebook. if you could get past the "need" for MS Office/Word. (not exactly sure what you mean by needing MS Word for job searching - do you mean drafting resumes? if so, you can certainly do this on Googledocs or the MS Word online/cloud version...
by BL
Thu Apr 17, 2014 11:48 am
 
Forum: Personal Consumer Issues
Topic: Help select laptop
Replies: 21
Views: 1433

Re: Help select laptop

You don't give your age or computer experience so it is hard to give advice. I suggest you search (here or Google) for other threads here on purchasing laptops. They also recommend brands to look at. I think a regular Windows computer is fine even though the Apple is a good choice, also, if you wish...
by BL
Thu Apr 17, 2014 10:23 am
 
Forum: Personal Consumer Issues
Topic: Help select laptop
Replies: 21
Views: 1433

Re: Investment Portfolio for Young, New Investor - Advice?

You cannot add directly to your 401k. It needs to come from your pay at work. You could increase the deduction and then use your other money for living expenses. Unless you expect a huge increase in pay (such as a student about to become a professional xxx) it is not recommended to change to Roth 40...
by BL
Wed Apr 16, 2014 11:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment Portfolio for Young, New Investor - Advice?
Replies: 9
Views: 1029

Re: B-shares

Here is something for Primamerica shareholders: http://shareholder.primerica.com/public/shareholder/mutual_fund_disc.html It will cost you something similar to a load when you sell. Definitely stop reinvesting in funds immediately. Leave in cash while you get this straightened out. Are you saying th...
by BL
Wed Apr 16, 2014 6:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: B-shares
Replies: 6
Views: 431

Re: Curious on tax return for mom and dad..

There are boxes to check and questions to answer on the EIC form, so if they said, for instance, that the child lived with them 3 months, that might disqualify the child. See:
http://www.irs.gov/pub/irs-pdf/f1040sei.pdf

This defines a Qualifying Child for EIC purposes.
by BL
Wed Apr 16, 2014 5:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Curious on tax return for mom and dad..
Replies: 22
Views: 1840

Re: Curious on tax return for mom and dad..

You need to compare your 1040 to his and see where the difference is.

I am curious: what did he charge for federal, state, etc.?
by BL
Wed Apr 16, 2014 2:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Curious on tax return for mom and dad..
Replies: 22
Views: 1840

Re: I saw a "Boglehead" on my flight yesterday!

Ice-9 wrote:Vanguard sent me a pen with a USB at the other end last holiday season because I responded to one of their Facebook posts. After reading this thread, I think I'm going to have to take it around with me now just to see if anyone spots it and asks me if I'm a Boglehead. :happy


Oh, I want one!
by BL
Wed Apr 16, 2014 2:06 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: I saw a "Boglehead" on my flight yesterday!
Replies: 65
Views: 7673

Re: Looking for Low-Cost Eyeglass Shop I can visit

I don't have Costco but Sam's Club was fine. I put new lenses into old frames.
by BL
Wed Apr 16, 2014 12:01 am
 
Forum: Personal Consumer Issues
Topic: Looking for Low-Cost Eyeglass Shop I can visit
Replies: 25
Views: 1503

Re: Tax year 2013 IRA contribution deadline, April or Oct 15

Unless you have a local bank or credit union open late tonight, you are out of luck.

EDT: or maybe Fidelity or Schwab might stay open late on April 15, I have no idea.
by BL
Tue Apr 15, 2014 7:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tax year 2013 IRA contribution deadline, April or Oct 15th?
Replies: 4
Views: 191
Next

Return to advanced search