Search found 22 matches

Return to advanced search

Re: Help with IRA invested in Flexible Premium Deferred Annu

I suggest you contact the Vanguard annuity people to see what options they suggest. Perhaps you can cash it in and keep it within an IRA to invest rather than in any annuity. Also check immediateannuities.com to see what the cost of something similar would be. You are a bit young to be buying a SPI...
by monicafaye
Mon Oct 06, 2014 3:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with IRA invested in Flexible Premium Deferred Annuity
Replies: 3
Views: 215

Help with IRA invested in Flexible Premium Deferred Annuity

I have just turned 59 ½ and have an IRA that is invested in a flexible premium deferred annuity which I knew nothing about when I was sold the product. I tried to transfer it to Vanguard but the policy is non-transferable. I am considering beginning withdrawals now, instead of waiting until 70 ½, an...
by monicafaye
Mon Oct 06, 2014 3:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with IRA invested in Flexible Premium Deferred Annuity
Replies: 3
Views: 215

Re: IRA in a Personal Pension Annuity-Opinions please?

Of those, only #1 would allow you to roll the distribution over, as the rest would be considered RMDs even if you annuitized now. And even for #1, you should keep the number of years to 10 or less if you want to roll the payments over to another IRA. In addition, if you do elect to do the number of...
by monicafaye
Sat Sep 20, 2014 7:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: IRA in a Personal Pension Annuity-Opinions please?
Replies: 6
Views: 375

Re: IRA in a Personal Pension Annuity-Opinions please?

Note that should you elect a life annuity from this IRA Annuity, the date you begin distributions will be considered your RMD required beginning date even though it is well before age 70. That means all the annuity payouts are treated as RMDs and therefore there is no rollover permitted to another ...
by monicafaye
Sat Sep 20, 2014 4:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: IRA in a Personal Pension Annuity-Opinions please?
Replies: 6
Views: 375

IRA in a Personal Pension Annuity-Opinions please?

Years ago I rolled over a traditional IRA into something called a Personal Pension Annuity (A Non-surrendable Flexible Premium Deferred Annuity). I was totally ignorant about the product at the time and when I tried to rollover the IRA to Vanguard a few years ago I found out that it was non transfer...
by monicafaye
Sat Sep 20, 2014 10:26 am
 
Forum: Investing - Help with Personal Investments
Topic: IRA in a Personal Pension Annuity-Opinions please?
Replies: 6
Views: 375

Re: Guidance in choosing an institutional Trustee

OP, you mean your child is on Medicaid, not Medicare, right? If so, the trust needs to be a special needs trust or he will lose eligibility for Medicaid. No, he is on Medicare. He draws Social Security Disability on his father's earning record. Therefore he qualifies for Medicare but not Medicaid.
by monicafaye
Sun Dec 30, 2012 12:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Guidance in choosing an institutional Trustee
Replies: 12
Views: 1110

Guidance in choosing an institutional Trustee

I have a 22 year old son with special needs who works part-time and receives Social Security Disability and Medicare. He is high-functioning and should, in the next few years, be able to live independently with support. My will leaves money to him in a trust after my death. The money is invested in ...
by monicafaye
Sat Dec 29, 2012 2:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Guidance in choosing an institutional Trustee
Replies: 12
Views: 1110

There is a missed opportunity here, and it's the time value of money. Larry Swedroe gives a good example in his books. Save $5000 a year from age 25-35 and never save another dollar; or save $5000 a year from age 35-65. Earn 10% per year. Who has more money at age 65? You have no expenses and few n...
by monicafaye
Sat Jan 15, 2011 1:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: How much is too much?
Replies: 86
Views: 8098

Help with Asset Allocation for Special Needs Adult

Which AA would be best for an adult with intellectual disabilities who wants to learn about investing in order to become as independent as possible in the future? I believe he can master this with supervision. 70% VTWSX-Van. Total World Stock Index 30% VBMFX-Van. Total Bond Market Index vs. 45% VTSM...
by monicafaye
Sun Dec 19, 2010 1:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with Asset Allocation for Special Needs Adult
Replies: 2
Views: 317

I also have to voice my appreciation for your generosity in offering sage advice from the goodness in your heart to countless people. You are the calm voice amid the cacophony of investing noise. I rarely post, but frequently read and am eternally grateful for this forum and fine gentlemen like you ...
by monicafaye
Fri Oct 15, 2010 10:18 am
 
Forum: Investing - Help with Personal Investments
Topic: Taylor
Replies: 138
Views: 19125

Becoming a landlord

My husband and I have owned single family rentals for 19 years and it is very hard on the marriage at times. You DO NOT want to bet your retirement income on the behavior of other individuals, namely tenants. If they don't pay their rent, or due to tenant damage your property is vacant for one to tw...
by monicafaye
Fri Sep 24, 2010 1:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Becoming a Landlord
Replies: 78
Views: 8079

Hi Monica; Were you using this backtest website? http://assetplay.net/financial-tools/backtest.html I tried running an allocation of 76% intermediate treasury bonds and 8% each small cap value, emerging markets and commodities and that engine came up with a 10.26% avg return with only two losing ye...
by monicafaye
Sat May 29, 2010 1:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: Simple Retirement AA. Opinions please?
Replies: 10
Views: 870

Re: Simple Retirement AA. Opinions please?

livesoft wrote:
monicafaye wrote:Unfortunately, I invested most of it before the market drop. But I will stay the course.

But you put 40% into BND, right? So that has had a positive return.

You have a chance to rebalance now.


Yes I did put 40% in BND. Should I rebalance now or at end-of-year?
by monicafaye
Sat May 29, 2010 1:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: Simple Retirement AA. Opinions please?
Replies: 10
Views: 870

Simple Retirement AA. Opinions please?

Unfortunately, I invested most of it before the market drop. But I will stay the course.
by monicafaye
Sat May 29, 2010 1:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Simple Retirement AA. Opinions please?
Replies: 10
Views: 870

Oops, left off the R in VBR. Thanks
by monicafaye
Sat May 29, 2010 1:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Simple Retirement AA. Opinions please?
Replies: 10
Views: 870

Simple Retirement AA. Opinions please?

33% VBR (Small Cap Value) 67% BND (Total Bond Market) I did a backtest of this portfolio covering the 1972-2008 time period. The average Return was 10.29%, Standard Deviation was 8.93%, and the CAGR was 9.94%. The worst loss was -7.19% in 2008 and the best gain was 26.42% in 1982. Someone may want t...
by monicafaye
Sat May 29, 2010 12:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: Simple Retirement AA. Opinions please?
Replies: 10
Views: 870

AA opinions for a 20 year old disabled adult

I have a 20 year old son disabled from birth with $9,000 from an inheritance to invest. He currently lives at home and has a part-time job. He understands the importance of saving. He also understands the concept of frugality, which as a disabled person with limited current and future earning power ...
by monicafaye
Sun Apr 25, 2010 4:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: AA opinions for a 20 year old disabled adult
Replies: 8
Views: 1145

Invest lump sum now or wait for market pullback? Opinions

Thanks for your replies. My time horizon is 20 years and after I'm gone, I hope to leave most of it to my disabled son. So I hope my allocation is not too conservative.
by monicafaye
Sun Mar 28, 2010 7:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Invest lump sum now or wait for market pullback? Opinions
Replies: 20
Views: 2598

Invest lump sum now or wait for market pullback? Opinions

9% US Large- Vang Total Stock Market-VTI 9% US Large Value-Vang Large Cap-VV 9% US Sm Market-Vang Small Cap-VB 9% US Sm Cap Value-Vang Sm Cap Value-VBR 3% Commodities-Vang Energy-VDE 3% REIT-Vang REIT-VNQ 12% Foreign-Vang FTSE All-World ex-US-VEU 6% Emerging Markets-Vang Emerging Markets-VWO 40% Bon...
by monicafaye
Sun Mar 28, 2010 2:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: Invest lump sum now or wait for market pullback? Opinions
Replies: 20
Views: 2598

Invest lump sum now or wait for market pullback? Opinions

My AA is:

39% Domestic
3% REIT
12% Foreign
6% Emerging Markets
40% BND

What do you think?
by monicafaye
Sun Mar 28, 2010 2:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Invest lump sum now or wait for market pullback? Opinions
Replies: 20
Views: 2598

Invest lump sum now or wait for market pullback? Opinions

I have $100,000 to invest in Vanguard index ETFs. Since the market has really jumped since Feb, would I be wise to wait for a pullback before investing it? I would hate to invest such a large amount now and possibly have to suffer through a nasty correction. Maybe I could invest half now and half in...
by monicafaye
Sun Mar 28, 2010 1:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: Invest lump sum now or wait for market pullback? Opinions
Replies: 20
Views: 2598

BND and dividend reinvestment question

I currently hold BND in a USAA brokerage account and they do not offer automatic dividend reinvestment. Dividends are deposited in my MMF. Would I be better off selling BND and purchasing VBMFX through my Vanguard account where I can choose automatic dividend reinvestment? Thanks
by monicafaye
Thu Mar 18, 2010 10:39 am
 
Forum: Investing - Help with Personal Investments
Topic: BND and dividend reinvestment question
Replies: 1
Views: 713

Return to advanced search