Search found 1709 matches

by RadAudit
Fri Jul 03, 2015 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 41
Views: 2909

Re: What age did you become debt free and what opportunities did it create?

Paid off the mortgage at 63. And, being debt free gave me the chance to retire.
by RadAudit
Fri Jul 03, 2015 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: young and need advice on investing and where to start
Replies: 9
Views: 542

Re: young and need advice on investing and where to start

Welcome to the forum. Oh, good! A question I can answer. Start here. http://www.bogleheads.org/wiki/Getting_started Watch the videos. Read the linked info. Read a few of the recommended books. thank you, and i will check out some of the books. I don't know if you would know this or not but do you t...
by RadAudit
Thu Jul 02, 2015 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Best Option IRA
Replies: 2
Views: 139

Re: Best Option IRA

You're done for the year in tax advantaged accounts (Roths and tIRA). Google the IRA contribution limits.

Additional investments this year will have to be in taxable accounts.
by RadAudit
Thu Jul 02, 2015 3:49 pm
Forum: Investing - Theory, News & General
Topic: How did you start?
Replies: 30
Views: 2079

Re: How did you start?

Welcome to the forum. So how did everyone here become so knowledgeable ? I don't know about the rest of them. I spent 20 years making stupid mistakes. Any tips to point me in the right direction? any book recommendation to start learning?! You can avoid all / most of that. Start here http://www.bogl...
by RadAudit
Thu Jul 02, 2015 2:05 pm
Forum: Investing - Theory, News & General
Topic: Which Funds to Take RMD From
Replies: 17
Views: 1194

Re: Which Funds to Take RMD From

I sure hope it's not that complicated. I'm two years behind you and I can't do the math. If it's all in one IRA with Vanguard, I'd call Vanguard and tell them to set up an automatic RMD withdrawal schedule. (You could do that yourself on their web-site; but they like to be helpful and you've got $1 ...
by RadAudit
Thu Jul 02, 2015 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Girlfriend's Money Manager--Should She Switch to Vanguard?
Replies: 30
Views: 2457

Re: Girlfriend's Money Manager--Should She Switch to Vanguard?

Welcome to the forum.

ReadySetMillionaire wrote:Will he charge any sort of fee for her pulling her money?


More than likely.

ReadySetMillionaire wrote:What's the professional way to go about this?


Have your girlfriend call Vanguard and tell them she wants to transfer her account to them.
by RadAudit
Thu Jul 02, 2015 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: young and need advice on investing and where to start
Replies: 9
Views: 542

Re: young and need advice on investing and where to start

Welcome to the forum.

Oh, good! A question I can answer.

Start here. http://www.bogleheads.org/wiki/Getting_started

Watch the videos. Read the linked info. Read a few of the recommended books.
by RadAudit
Tue Jun 30, 2015 4:09 pm
Forum: Investing - Theory, News & General
Topic: Let’s Celebrate the Independent Adviser
Replies: 10
Views: 1406

Re: Let’s Celebrate the Independent Adviser

Thanks for bringing these issues to light.
by RadAudit
Mon Jun 29, 2015 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
Replies: 157
Views: 34414

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

Well, $2 million isn't as much as it use to be. But, there are a number of folks who seem to get by on less than that amount and seem to be quite content. And, by the way, BL is on to something. I have met people who are happy no matter where they live, and others who are unhappy no matter where the...
by RadAudit
Fri Jun 26, 2015 4:12 pm
Forum: Investing - Theory, News & General
Topic: Can Good Investors Be Predicted In Childhood?
Replies: 6
Views: 894

Re: Can Good Investors Be Predicted In Childhood?

Estate planning based on when a young child chooses to eat his marshmallows. I guess it's as good an approach as any other.

But, if I chose to leave more to one child than another based on the results of such an experiment, I think I'd be grateful to be out of the room when the will was read.
by RadAudit
Thu Jun 25, 2015 10:29 am
Forum: Personal Finance (Not Investing)
Topic: making minor changes to a will
Replies: 6
Views: 566

Re: making minor changes to a will

I'd be reluctant to make changes to a will on my own. I'd always use a lawyer. But, that's personal preference. About leaving money to relatives, my Mom bought CDs and made them POD to the relatives. One each. Of course, Mom got the interest as long as she was alive. As the relatives died, she cashe...
by RadAudit
Thu Jun 25, 2015 6:56 am
Forum: Investing - Help with Personal Investments
Topic: Target Date 2015- Low-credit-quality bonds?
Replies: 14
Views: 1905

Re: Target Date 2015- Low-credit-quality bonds?

I'm sure it is just a glitch. That's the way to bet. On a more uplifting note, we've only got about 7 to 10 more years to live with this glitch and then TR 2015 gets merged into VG Retirement Income (?) [VTINX]. And then, the problem goes away. So far, they don't have the glitch. PS: Finally read t...
by RadAudit
Wed Jun 24, 2015 6:20 am
Forum: Investing - Help with Personal Investments
Topic: Target Date 2015- Low-credit-quality bonds?
Replies: 14
Views: 1905

Re: Target Date 2015- Low-credit-quality bonds?

Don't all the TR funds invest in the Total Bond fund? They don't invest individually. Haven't looked at all of them. But, TR 2015 invests in Total Bond Fund II. The TR 2015 fund itself - on the bond side - tracks for U.S. bonds, the Barclays U.S. Aggregate Bond Index through December 31, 2009, and ...
by RadAudit
Tue Jun 23, 2015 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date 2015- Low-credit-quality bonds?
Replies: 14
Views: 1905

Re: Target Date 2015- Low-credit-quality bonds?

And yes, it is bad that Vanguard hasn't fixed it. My old college accounting professor used to have us explain answers as if we were talking to 5 years olds - just to get us use to talking to the Board of Directors about technical things. Maybe we could drop Mike Buek, Bill Coleman and Walter Nejman...
by RadAudit
Tue Jun 23, 2015 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Target Date 2015- Low-credit-quality bonds?
Replies: 14
Views: 1905

Re: Target Date 2025- Low-credit-quality bonds?

It sure is odd that the 2010 and 2020 don't have the same issue. Yes it is. Give them a call about your concerns. I'm not trying to be dismissive; it's just a topic that I find interesting because the DW's money is in the fund. Here's one discussion http://www.bogleheads.org/forum/viewtopic.php?f=2...
by RadAudit
Tue Jun 23, 2015 6:25 am
Forum: Investing - Help with Personal Investments
Topic: Target Date 2015- Low-credit-quality bonds?
Replies: 14
Views: 1905

Re: Target Date 2025- Low-credit-quality bonds?

The DW's portfolio is entirely in Target Date 2015. I get the "low quality" message every time I look at the investments. Fortunately, DW never looks at her portfolio so we never have the discussion on "why did I put her in such a risky fund with such questionable bond holdings."...
by RadAudit
Sun Jun 21, 2015 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis
Replies: 2
Views: 629

Re: Portfolio Analysis

You have 200% in your portfolio. Since I don't know how the money is split, I'm reluctant to offer advice on asset allocation; but, I'm sure you can figure that out. The biggest question I would have is - if you believe in the simplicity of the three / four fund portfolio - why do you have 53% of th...
by RadAudit
Sun Jun 21, 2015 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Question regarding sharing an inheritance:
Replies: 19
Views: 2098

Re: Question regarding sharing an inheritance:

In the unlikely event that none of you are still alive in 25 years, any remaining proceeds could be passed on to your children or split among the heirs of all 4 of you if you wish. Or you could set it up such that if it gets down to one survivor, he gets everything remaining immediately. Re: Questi...
by RadAudit
Sat Jun 20, 2015 9:03 am
Forum: Personal Finance (Not Investing)
Topic: How to enter new career after hitting Financial Indepence
Replies: 11
Views: 2379

Re: How to enter new career after hitting Financial Indepence

board jobs, professorships, and government jobs (specifically working for the Dept of Treasury or State department or something) seem like the best. Ah, the what do you want to do when you grow up question. You have almost reached a very interesting point on the road to financial independence. The ...
by RadAudit
Sat Jun 20, 2015 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Help pick out 401k funds
Replies: 10
Views: 761

Re: Help pick out 401k funds

regardless I need and want to learn as much as I can-to have the knowledge and make the best choice now and next open enrollment period in a couple months In the interim, go with option 1. To get ready for the next open enrollment, start here. http://www.bogleheads.org/wiki/Getting_started Watch th...
by RadAudit
Fri Jun 19, 2015 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Investing 11 Million Dollar Gift
Replies: 80
Views: 11975

Re: Investing 11 Million Dollar Gift

A three fund portfolio is scalable. http://www.bogleheads.org/wiki/Three-fund_portfolio So much for picking the funds. All you have to do is pick the correct asset allocation. For large amounts in a taxable account, use a tax exempt bond fund instead of a total bond fund.

Good luck.
by RadAudit
Fri Jun 19, 2015 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Saving vs Spending in Retirement ~
Replies: 30
Views: 4720

Re: Saving vs Spending in Retirement ~

NightFall wrote:I was wondering how your older children are showing you why you should spend their inheritance. Perhaps it's something I need to watch out for.


Don't worry. You'll know it when you see it.
by RadAudit
Fri Jun 19, 2015 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Saving vs Spending in Retirement ~
Replies: 30
Views: 4720

Re: Saving vs Spending in Retirement ~

I have similar concerns. We were frugal for so long because we had to be it's difficult to break the habit. Then I read on this board an observation from a well known economist on money at this stage in life. Simply put - slightly modified - you have three options. You can whiz it away, your heirs c...
by RadAudit
Thu Jun 18, 2015 4:57 pm
Forum: Investing - Theory, News & General
Topic: Article: Vanguard price cuts rattle the brokers who sell its funds
Replies: 5
Views: 1995

Re: Article: Vanguard price cuts rattle the brokers who sell its funds

The largest number of positive comments I've ever seen in response to an on-line article. VG and Mr. Bogle must have done something right.
by RadAudit
Thu Jun 18, 2015 3:27 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?
Replies: 81
Views: 11469

Re: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?

No. We were spending time trying to put food on the table, clothes on the back .... kids through college. Not much time left over to worry. Just saved 8% (plus a 4% match) of income, had a DB pension and rolled on. I'd been working 25 years before I even heard of Mr. Bogle.
by RadAudit
Wed Jun 17, 2015 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Retirement investing help for recent grad
Replies: 3
Views: 441

Re: Retirement investing help for recent grad

I'm sure folks more knowledgeable than I will be along soon. Some general stuff first. Invest in the low cost (low ER) alternative whenever possible. Usually that means a low cost index fund. Choose an asset allocation (% of portfolio in stocks / bonds) you can live with and stick with it. More exte...
by RadAudit
Tue Jun 16, 2015 4:18 pm
Forum: Investing - Theory, News & General
Topic: Why High Equity Allocation in Retirement
Replies: 78
Views: 9745

Re: Why High Equity Allocation in Retirement

My question is do those who argue for 50% or 60% equity in retirement , or who think 30% in equity is to low, consider the size of ones portfolio in deciding they need that much equity. The size of the portfolio wasn't the concern, per se. The unknown size of various possible future personal / medi...
by RadAudit
Tue Jun 16, 2015 6:42 am
Forum: Investing - Help with Personal Investments
Topic: tIRA's RMDs causing increasing tax concerns
Replies: 62
Views: 7240

Re: tIRA's RMDs causing increasing tax concerns

Well, I partially solved the problem of what to do with SS I am getting and don't need at the moment. The non-Schedule A solution for the increasing taxes question if the money was withdrawn from a tax advantaged account. I hadn't really considered that one Congrats. Enjoy the ride. And best of luck.
by RadAudit
Mon Jun 15, 2015 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Nice Milestone Reached Last Week
Replies: 41
Views: 6756

Re: Nice Milestone Reached Last Week

Congrats.

Keep plugging.
by RadAudit
Mon Jun 15, 2015 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: tIRA's RMDs causing increasing tax concerns
Replies: 62
Views: 7240

Re: tIRA's RMDs causing increasing tax concerns

You didn't pay the taxes before. You have to pay the taxes now. Yes, that's true. And, I'm sure most of us aren't complaining; we're discussing alternatives. While it is correct you usually have to pay taxes on money withdrawn from tax deferred (advantaged) accounts, you aren't under an obligation ...
by RadAudit
Mon Jun 15, 2015 8:30 am
Forum: Investing - Help with Personal Investments
Topic: tIRA's RMDs causing increasing tax concerns
Replies: 62
Views: 7240

Re: tIRA's RMDs causing increasing tax concerns

If you are moderate income in the 15% or 25% nominal bracket you could find you are paying double or more the marginal tax rate on your RMD dollars compared to your SS dollars. If you are in the nominal 25% bracket, actual RMD marginal tax rates range to as high as 46.25% (+state tax) during the in...
by RadAudit
Mon Jun 15, 2015 7:22 am
Forum: Investing - Help with Personal Investments
Topic: tIRA's RMDs causing increasing tax concerns
Replies: 62
Views: 7240

Re: tIRA's RMDs causing increasing tax concerns

dolphinsaremammals wrote:What saves me is Schedule A.


Good point. There'll alway be an unexpected expense somewhere to pull you out of a higher tax bracket - in case charitable deductions aren't enough.
by RadAudit
Sun Jun 14, 2015 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: tIRA's RMDs causing increasing tax concerns
Replies: 62
Views: 7240

Re: tIRA's RMDs causing increasing tax concerns

The only way to avoid having tax-deferred dollars exposed (eventually) to income tax, either yours or your beneficiaries, is to donate those dollars to charity. (Perhaps a charity *is* the beneficiary.) I'm beginning to understand there are certain immutable truths in this world and this might be o...
by RadAudit
Sat Jun 13, 2015 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: tIRA's RMDs causing increasing tax concerns
Replies: 62
Views: 7240

Re: tIRA's RMDs causing increasing tax concerns

If you convert $1000 while in the 15% bracket, worst case would be that you had to take some of the proceeds and pay the $150 tax. In this case you would have $850 in the Roth. In 8 years, assuming it garnered a 7% return, your Roth would be worth $1460.46. If you had waited to take the $1000 equiv...
by RadAudit
Sat Jun 13, 2015 10:49 am
Forum: Investing - Help with Personal Investments
Topic: tIRA's RMDs causing increasing tax concerns
Replies: 62
Views: 7240

Re: tIRA's RMDs causing increasing tax concerns

I might take another look at Roth Conversions. I really appreciate you all's input. I'm not picking on Electron. It's just he offered one of the first ideas I might have a chance of understanding and calculating. But, I'm probably doing this wrong - so please chime in with corrections. If I do a Ro...
by RadAudit
Sat Jun 13, 2015 8:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard: "The role of emerging markets in your portfolio."
Replies: 2
Views: 1000

Re: Vanguard: "The role of emerging markets in your portfolio."

Thanks for the post. I think VG, of course, is arguing for a single fund approach for the international side of the investment portfolio. But, they may have a point that when you have multiple funds on the international side and volatility kicks in, the chances for behavioral risks to the portfolio ...
by RadAudit
Fri Jun 12, 2015 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: tIRA's RMDs causing increasing tax concerns
Replies: 62
Views: 7240

Re: tIRA's RMDs causing increasing tax concerns

Thank you all for your time and ideas.

You've given me a lot to work on.
by RadAudit
Fri Jun 12, 2015 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: tIRA's RMDs causing increasing tax concerns
Replies: 62
Views: 7240

tIRA's RMDs causing increasing tax concerns

RMDs from a tIRA will push me into a 25% marginal income tax bracket from a 15% marginal income tax bracket. (Yes. I know others have bigger tax problems. I'm grateful I don't have those problems. And, I appreciated the tax avoidance I've experienced - to one extent or another - for more than 44 yea...
by RadAudit
Thu Jun 11, 2015 8:30 am
Forum: Investing - Help with Personal Investments
Topic: Investing for my 19 yr old son
Replies: 23
Views: 2346

Re: Investing for my 19 yr old son

For those who find a $3000 minimum to be too high of a hurdle for an initial investment, there is the VG STAR fund with a $1000 minimum. A closer look at its portfolio would tend to undermine the lessons of simplicity and index fund investing; and, additionally would miss out on some of whatever equ...
by RadAudit
Wed Jun 10, 2015 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Three fund portfolio vs Life Strategy
Replies: 5
Views: 1099

Re: Three fund portfolio vs Life Strategy

Welcome to the forum I'm not in that league - so be forewarned. But I'd figure that whatever income is being thrown off by the investment (Say 2% on $100k or $2000 (?)) is being taxed at your highest marginal income tax rate or 39% x $2000 or ~ $800. Then you have to add the state income tax on top ...
by RadAudit
Tue Jun 09, 2015 12:05 pm
Forum: Investing - Theory, News & General
Topic: I lost $100 million — and I’ve never been happier
Replies: 26
Views: 7828

Re: I lost $100 million — and I’ve never been happier

I realized I had joined the 2-comma club, my first thought was, "If you ever go broke, you will have taken stupidity to a new level." Beautiful insight. Wonderful turn of a phrase. But back to the article, apparently, the skill and mindsets necessary to amass / access $100 million are dif...
by RadAudit
Tue Jun 09, 2015 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Retirement withdrawal rate and planning?
Replies: 2
Views: 447

Re: Retirement withdrawal rate and planning?

Welcome to the forum The Trinity Study explains where the 4% withdrawal rate estimate came from and how it was calculated and the portfolio asset allocations used. It also explains the limitations of the estimated withdrawal rate. You may wish to take a look at it before you act on whatever suggesti...
by RadAudit
Tue Jun 09, 2015 6:43 am
Forum: Investing - Theory, News & General
Topic: Vanguard - Four Fund Portfolio
Replies: 103
Views: 10493

Re: Vanguard - Total Markets Four Fund Portfolio

I sure hope the combination works. The whole family is betting that way in one way or another - target date funds or basically a four fund approach. If it goes belly up, my name will be mud (or Mudd - don't know which reference is correct) for several generations because I put them into those invest...
by RadAudit
Sat Jun 06, 2015 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Confused college kid
Replies: 54
Views: 5222

Re: Confused college kid

Cires wrote:I really don't know what I want to do.


You're a sophomore.You aren't suppose to know what you want to do for the next 45 years. Relax. Work on your project this summer. These things have a way of working themselves out.
by RadAudit
Sat Jun 06, 2015 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Index versus active management
Replies: 11
Views: 1062

Re: Index versus active management

the three funds I am holding appear to be an exception to that rule, and that holds up over fifteen years, so we are not talking about mutual funds that are just temporarily "hot". So, do you think I should follow the advisors recommendations and sell these funds, and if so, why? OP, cong...
by RadAudit
Sat Jun 06, 2015 12:14 pm
Forum: Investing - Theory, News & General
Topic: Investing in Index Funds is Scalable
Replies: 1
Views: 533

Investing in Index Funds is Scalable

The Oblivious Investor http://www.obliviousinvestor.com/ linked to this article for high net worth investors. http://evergreensmallbusiness.com/index-funds-asset-allocation-even-better-for-wealthy/ The basic argument is that index funds work just as well for asset allocation for the high net worth i...
by RadAudit
Sat Jun 06, 2015 10:12 am
Forum: Investing - Help with Personal Investments
Topic: -New, Young, Looking for Retirement advice-
Replies: 16
Views: 2255

Re: -New, Young, Looking for Retirement advice-

He had also attempted to sell me on rolling into a Merrill Edge Roth as the penalty would be a nominal $.70 cents ... Of course I rather stay with Vanguard I'd be very careful about staying with either Merrill Lynch or BOA in anything to do with investments. Neither will be doing anything in your b...
by RadAudit
Thu Jun 04, 2015 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Big Decision to Make
Replies: 58
Views: 8179

Re: Big Decision to Make

for 5 years in Saudi Arabia such that you would likely be a millionaire by age 37, would you do it? A million isn't as much as it used to be. If you are a Boglehead for a little longer, you'll find yourself saying things like well that'll only throw off 4% a year plus inflation and then it'll only ...
by RadAudit
Thu Jun 04, 2015 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Another refugee from Ameriprise - help!
Replies: 23
Views: 2287

Re: Another refugee from Ameriprise - help!

ln2419 wrote:Thanks for all your help. I may have other questions in the weeks ahead.


Come on back anytime you have a question. There are a number of very helpful folks on the forum. There is also a ton of information on the wiki that can be extremely helpful.

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