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by ks1773
Mon Jan 12, 2015 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Mom's retirement
Replies: 15
Views: 1308

Re: Mom's retirement

Thank you so much for your reply. If she were to sell her house, she could get 250k tax exempted (single) and the rest would have to be taxed. So realistically, she would probably net 410k (to be safe). Where would you put 560k (410k +150k) at this point? I am estimating her life expectancy to be 93...
by ks1773
Mon Jan 12, 2015 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Mom's retirement
Replies: 15
Views: 1308

Re: Mom's retirement

Thank you guys for the help and sorry for not explaining the situation clearly. My mom has to retire this year (5/2015) at age 53 to help take care of grandparents at another country. This is something that we did not plan. My sister and I are trying to see what is the best approach to assist her fi...
by ks1773
Mon Jan 12, 2015 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Mom's retirement
Replies: 15
Views: 1308

Re: Mom's retirement

Thank you for your reply.

What about mutual funds?
by ks1773
Mon Jan 12, 2015 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Mom's retirement
Replies: 15
Views: 1308

Mom's retirement

Hello, My mom is currently in a predicament where she is retiring at the age of 53 with 60k in her traditional IRA (which she's not going to withdrawal until ~10-15 years later) and 150k in capital 360 saving. Asset wise, she has a fully paid off house worth ~500k where she is renting out for 1,900k...
by ks1773
Tue Jan 06, 2015 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Pension - Roth TSP vs Traditional TSP
Replies: 10
Views: 1072

Re: Pension - Roth TSP vs Traditional TSP

That's a good question, I am struggling with the best answer for that, I am in a similar situation with a slightly bigger pension. Some of the things I have found say if you can max out the roth version then to go that route since you will most likely be in the same tax bracket. There are fewer ded...
by ks1773
Tue Jan 06, 2015 12:34 am
Forum: Investing - Help with Personal Investments
Topic: Pension - Roth TSP vs Traditional TSP
Replies: 10
Views: 1072

Re: Pension - Roth TSP vs Traditional TSP

baw703916 wrote:Which retirement plan are you on, CSRS or FERS?


I am on the FERS retirement plan
by ks1773
Tue Jan 06, 2015 12:01 am
Forum: Investing - Help with Personal Investments
Topic: Pension - Roth TSP vs Traditional TSP
Replies: 10
Views: 1072

Pension - Roth TSP vs Traditional TSP

Hello! I have been contributing the max for my traditional TSP (17.5k) which brings down my federal tax from 28% to 25%; however, recently, I realized that social security can be taxed per SSA's website (http://www.ssa.gov/planners/taxes.htm). I currently have a pension plan through work which will ...
by ks1773
Wed Aug 21, 2013 12:37 am
Forum: Investing - Help with Personal Investments
Topic: 53 year old with retirement plan. help please!
Replies: 4
Views: 653

53 year old with retirement plan. help please!

Hello, I am posting for my mother; she single-handedly raised my sister and I and because of this she was never able to save for retirement. However, she wants to start now. She recently came into some money: $150k and she wants to see what she can do to maximize it for retirement. so any help would...
by ks1773
Fri Dec 28, 2012 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Not maxing TSP (401k) but putting some in ROTH IRA?
Replies: 15
Views: 5457

Re: Not maxing TSP (401k) but putting some in ROTH IRA?

If it was me, I would put $5000/yr into the Roth IRA so that you have access to asset classes that are not available in TSP (TIPS, Value tilt, REIT, Emerging Markets, International Small). If you are comfortable with S&P 500 (C), Completion Index (S), and Developed Markets (I) plus G and F Fund...
by ks1773
Fri Dec 28, 2012 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Not maxing TSP (401k) but putting some in ROTH IRA?
Replies: 15
Views: 5457

Re: Not maxing TSP (401k) but putting some in ROTH IRA?

Should I contribute about 12500 to my TSP and max ROTH IRA at 5000 ? or should I put the full 17500 in my TSP ? These two are not equivalent. You would be saving more in the first case. by not equivalent, you mean because ROTH IRA is post-tax right? Yea I do realize that. The TSP is now also availa...
by ks1773
Fri Dec 28, 2012 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Not maxing TSP (401k) but putting some in ROTH IRA?
Replies: 15
Views: 5457

Not maxing TSP (401k) but putting some in ROTH IRA?

Hello, I have a quick question regarding TSP (401k gov) + Roth IRA. Should I contribute about 12500 to my Trad TSP and max ROTH IRA at 5000 ? or should I put the full 17500 in my TSP ? contributing 12500 would ensure that I am in the lower tax bracket (25%) and no matter how much I contribute I woul...
by ks1773
Sun Aug 19, 2012 8:28 am
Forum: Investing - Help with Personal Investments
Topic: 23 year old, need financial advisement
Replies: 4
Views: 794

23 year old, need financial advisement

Hello, I have been working for about a year now and have decided to become serious with my finances. I have read several posts in this forum and also The Boglehead’s Guide to Investing , but I definitely still feel like a “newb” to the investing world. I have listed the details of my current state b...

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