Bogleheads.org

Our FIRECalc numbers indicate 100% success. We were close last year but the recent market run up has pushed us to the magic 100%. If we actually retired, we'd be looking at a 40+ year retirement period. I've read that much of the success in not running out of money depends on how the market performs...

Since the proposed LLC would have more than one member (owner), it would have to file it's own tax return. Single member LLC's can file on the members 1040, thus saving a little paperwork. IMO, the marginal additional work for an S-Corp is insignificant compared to the SS and Medicare tax savings ad...

For what it's worth, I'm a CPA. It's not taxable income, you're just reimbursing him for your expenses.

Much has been written lately about the "impending" bond bubble burst. First, it's interesting to see that these articles have been written for the last several years, yet there has been no collapse of the bond market. Obviously trying to time it is impossible. However researching and under...

Q: When beginning to live off one’s investments, what is your preference (and why) among these to choices for drawing down assets: (1) Use taxable accounts first, letting IRA’s continue to grow; or (2) begin withdrawing some from IRA’s annually and use less of the taxable accounts to supplement the...

Has anyone stayed at "Southernmost on the Beach"? We're planning an anniversary trip in December and are considering staying there.

To prevent a foreclosure or bankruptcy......that's about all. And these can be avoided with a debt free lifestyle.

Similar situation here. I've done them all over the years....DB....SEP....solo 401(k). IMO a solo 401(k) w/profit sharing (PS) is best in your (our) situation. No cost (at least at Vanguard where mine is). No required contributions (if business slows). You can contribute more than a SEP. Depending o...

Only offered $5 off per month for two months. Turned them down and I'll try again. I guess it depends on who answers the phone.

The stamped concrete walkways cracked in a few years. A few more expansion joints would have helped. I don't recall the name of the sealer, but the only place I could find it was Sherwin Williams. I'm sure if you call a local store they can tell you the name. No weed or ant problems on the paver pat...

We have stamped concrete porch/sidewalk and a paver patio. The pavers are much nicer. Concrete cracks and it requires sealers, too, to maintain an even color. We waited too long to re-seal it and now it's discolored. Our paver patio hasn't required any maintenance at all.

Vanguard does not allow SEP/IRA rollovers into the plan. Fidelity does. If you want to roll SEP/IRA investments into the plan (say, to be able to do a backdoor Roth), Fidelity would allow this. My plan (thru my S-Corp where I am the only employee, too) is at Vanguard and it works very easily. I just...

http://www.hsaadministrators.info/

They allow investing in Vanguard mutual funds. Great option if you pay your medical expenses with non-HSA money so the HSA funds can compound.

No regrets at all.

I have an individual 401k plan at Vanguard and have checked into your questions myself. In theory you can move the other accounts into a 401k plan, the problem is Vanguard's 401k plan does not allow it in their plan unless it comes from another 401k plan. However the 401k plans that Fidelity offers ...

The income on the W-2 could be offset by the S-Corp losses on the K-1 for income tax purposes . However, you'd still pay SS and Medicare on the W-2 wages. IMO you'd be better off with an LLC while there are losses in the company, then convert to an S-Corp when it turns profitable. The S-Corps can sa...

We paid off our mortgage about 5 years ago using the vast majority of the taxable balances we had saved (probably 95% of it). In our case, we have no regrets and our taxable account is now larger than it was before paying off the loan. Not having a monthly payment was a big part of that. I suppose t...

I have the Fidelity VISA and the cash back goes into my traditional, taxable account...not an IRA. I can transfer the money to my checking account at any time.

Ok....Ok.....Ok. I know (and I guess knew all along) it was bad idea. I guess after so many years of weak returns, your confidence in your plans begins to waiver. I've been duly corrected and will stick to my original plans. Thanks for the needed attitude adjustment. I sure hope 2012 is better year.

Is anyone familiar with the ML High Quality & Dividend Yield screen to select stocks? Based on the results I've been provided, it seems to have consistently out performed the overall market. It's outside my normal investment routine to buy a basket of individual stocks, but with the dismal inves...

Field of Dreams

Cow bell.

Assuming paying it off would still leave you with at least 6 months of (now reduced) expenses, I'd pay it off. We did several years ago (nearly $300k to payoff) and have never regretted it. If you owned your house outright, would you borrow money to invest it at today's returns (and risks)? Some may...

We've used one for 6+ years. Wouldn't want to go back to a tank-style! Great experience.

I have my solo 401k (with profit sharing) through Vanguard. Easy to use....no cost.....it's all done on-line - even the monthly contributions. No administrative headaches.

Thanks for the ideas. I'll check out the funds mentioned.

Maybe I'll look at lake property again, too......

Early 40's, stable job (self employed), retirement well funded already and will continue to fund, no debts / mortgages, AGI around $250k so muni's may make sense tax-wise - but what's the risk with them in today's economy? Any property we would buy would be all cash. We avoid debt! No specific need ...

We have about $300k saved outside of our retirement accounts. Right now it's sitting in a money market account at under 1%. We're not sure what we'll end up doing with the funds. Sometimes we talk about buying a lake house.....or rental property......or move to a larger personal residence.....etc. T...

I do listen to Dave Ramsey once in a while. That said ... [...]I don't think I'd go to him for financial advice on the stock market, but I believe in his message of personal responsibility, no debt and savings. Here's where the hypocrisy of his talk of personal responsibilty gets me (note that I ag...

(I'll probably get flamed for this.....) Personally I find Dave Ramsey to offer pretty solid advice, especially to those deep in debt and a mess financially. The 12% return funds sounded like a stretch to me, too, but I've looked and there are a fairly large number of funds that have returned at le...

(I'll probably get flamed for this.....) Personally I find Dave Ramsey to offer pretty solid advice, especially to those deep in debt and a mess financially. The 12% return funds sounded like a stretch to me, too, but I've looked and there are a fairly large number of funds that have returned at lea...

I'd consider either an S-Corp or an LLC. An LLC still files it's activity on your 1040 (assuming it's a single-member LLC), but it affords some legal protection. An S-Corp is nice (it's what I use for my business) as a portion of my companies profits are taxed to me via a K-1, and therefore not subj...

I'd pay off the loan in full.

Assuming no other debt, then save 6 months of living expenses, the save 15% for retirement (401k, Roth IRA, etc.).

Easy enough.....

Personally I'd pay them off as soon as possible. Be rid of the debt and have more flexibility and freedom in your financial life.

Tankless water heater! Love it.....and it'll pay for itself.

I've been involved with a 1031 as the seller to a buyer doing one. From my end, things were pretty much like a regular transaction. Their offer had to specify it was a 1031. It's a great opportunity to defer taxes for the buyer. One word of caution: select your qualified intermediary carefully. A fe...