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Re: brokerage risk (for lack of better term)

Just a novice point of view, but it seems to me that if Vanguard goes completely under we've all got much bigger problems to worry about than our retirement savings.
by failwhaler
Mon Jul 29, 2013 4:25 am
 
Forum: Investing - Help with Personal Investments
Topic: brokerage risk (for lack of better term)
Replies: 3
Views: 291

Re: Financial Health/Portfolio checkup

Again, there's no such thing as "backdoor Roth" as far as the IRS is concerned. There are no special rules regarding contributions. It's the same as for a Roth or Traditional IRA (in fact it IS a TIRA). So the yearly IRA contributions have to be completed by "tax day" of the nex...
by failwhaler
Sun Jul 28, 2013 1:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Financial Health/Portfolio checkup
Replies: 23
Views: 1971

Re: Financial Health/Portfolio checkup

Sorry to bump, but had another question on the timing of the backdoor Roth. I can do this any time before April 15, 2014, correct? Also if I do the Traditional IRA and then convert it, the IRS only "sees" the contribution to the Traditional IRA?
by failwhaler
Sat Jul 27, 2013 12:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: Financial Health/Portfolio checkup
Replies: 23
Views: 1971

Re: Financial Health/Portfolio checkup

Back to your post, have you all decided what you want to do with your AA? When do you want to pull the trigger? I think Duckie's suggestion is a good one, and I'll probably go through with that. I need to think about the tax implications of buying & selling in the taxable account. Like I said, ...
by failwhaler
Tue Jul 23, 2013 12:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: Financial Health/Portfolio checkup
Replies: 23
Views: 1971

Re: Financial Health/Portfolio checkup

1. I wouldn't worry at all about the pension not being there when you retire, and I would definitely include it in your retirement-income-needs calculations. It would take a lot to eliminate federal pensions. I do, however, believe that FERS will be changed significantly at some point for new hires...
by failwhaler
Tue Jul 23, 2013 11:00 am
 
Forum: Investing - Help with Personal Investments
Topic: Financial Health/Portfolio checkup
Replies: 23
Views: 1971

Re: Financial Health/Portfolio checkup

That was my logic too, but wanted to do due diligence and ask the question. Thanks.
by failwhaler
Tue Jul 23, 2013 12:13 am
 
Forum: Investing - Help with Personal Investments
Topic: Financial Health/Portfolio checkup
Replies: 23
Views: 1971

Re: Financial Health/Portfolio checkup

If I put $5500 into a Traditional IRA now and it gains value, how does that work with rolling it into the Roth? Can I roll all of it? You can, but the cleanest way to do a backdoor Roth is to fund the TIRA and immediately convert to a Roth before there are gains to worry about. Paul I've read that ...
by failwhaler
Mon Jul 22, 2013 11:16 am
 
Forum: Investing - Help with Personal Investments
Topic: Financial Health/Portfolio checkup
Replies: 23
Views: 1971

Re: Financial Health/Portfolio checkup

If I put $5500 into a Traditional IRA now and it gains value, how does that work with rolling it into the Roth? Can I roll all of it?
by failwhaler
Sun Jul 21, 2013 10:49 am
 
Forum: Investing - Help with Personal Investments
Topic: Financial Health/Portfolio checkup
Replies: 23
Views: 1971

Re: Financial Health/Portfolio checkup

It looks like the pro-rata rule is only an issue if I have multiple non-Roth IRAs. Since we'll each only have one it seems like it won't be a problem.
by failwhaler
Sat Jul 20, 2013 11:36 am
 
Forum: Investing - Help with Personal Investments
Topic: Financial Health/Portfolio checkup
Replies: 23
Views: 1971

Re: Financial Health/Portfolio checkup

Thank you very much for your detailed reply! I really appreciate it. Some follow-up comments/questions: 15% bonds (a little low for your ages) I know the "rule of thumb" is to have [your age] in bonds, but also that your bond allocation depends on your appetite for risk. Since we both have...
by failwhaler
Sat Jul 20, 2013 6:05 am
 
Forum: Investing - Help with Personal Investments
Topic: Financial Health/Portfolio checkup
Replies: 23
Views: 1971

Financial Health/Portfolio checkup

Greetings all, My wife and I are federal DINKs. Due to our employer (a government agency), our incomes are highly variable depending on where we are stationed in the world. That being said, we save at a pretty high rate because we have very few expenses. Information about our goals, finances, & ...
by failwhaler
Fri Jul 19, 2013 7:55 am
 
Forum: Investing - Help with Personal Investments
Topic: Financial Health/Portfolio checkup
Replies: 23
Views: 1971

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