Search found 21800 matches

by retiredjg
Mon Jul 27, 2015 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth Slammed Closed--WHAT?!
Replies: 14
Views: 1898

Re: Backdoor Roth Slammed Closed--WHAT?!

It's possible I could roll it into my current 401K. It's managed by Fidelity but their expenses are so much higher than with TSP. If you used the Spartan funds and there are no other high fees, a Fidelity 401k might be fine enough to allow you to use the back door. But here's a twist. Roll everythi...
by retiredjg
Mon Jul 27, 2015 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Questions from a Likely Buyer of a FSBO
Replies: 23
Views: 1457

Re: Questions from a Likely Buyer of a FSBO

That's a tough one. If the inspection came back ok, you pretty well know that the house is worth more than $299k so you don't want to be a weasel and low ball it too much. On the other hand, the $299k might have been a negotiating price instead of a firm price. You don't really know, do you? I suppo...
by retiredjg
Mon Jul 27, 2015 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth Slammed Closed--WHAT?!
Replies: 14
Views: 1898

Re: Backdoor Roth Slammed Closed--WHAT?!

Your plan was correct. Discussing it with someone at Vanguard is just going to confuse things because they won't understand exactly what you are trying to do and it sounds like it is breaking the rules. There have been rules about co-mingled funds in the past. I'm not sure they still apply and I do...
by retiredjg
Mon Jul 27, 2015 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth Slammed Closed--WHAT?!
Replies: 14
Views: 1898

Re: Backdoor Roth Slammed Closed--WHAT?!

I looked at the TSP-60 Form. My guess is that you are going to have an issue with line 14 - to complete this line Vanguard has to make a determination that the funds being rolled over are, in fact, tax-deferred. Unless something has changed, they will not do this. I attempted a rollover to one of m...
by retiredjg
Mon Jul 27, 2015 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth Slammed Closed--WHAT?!
Replies: 14
Views: 1898

Re: Backdoor Roth Slammed Closed--WHAT?!

Your plan was correct. Discussing it with someone at Vanguard is just going to confuse things because they won't understand exactly what you are trying to do and it sounds like it is breaking the rules. There have been rules about co-mingled funds in the past. I'm not sure they still apply and I don...
by retiredjg
Mon Jul 27, 2015 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Rolling over 403b to Roth IRA for 1st home purchase
Replies: 10
Views: 321

Re: Rolling over 403b to Roth IRA for 1st home purchase

It's complicated. Here is some information. http://www.fool.com/money/allaboutiras/allaboutiras12.htm It appears you already have ordinary contributions in Roth (unless they were back door contributions). Those contributions (not earnings) are available without tax or penalty. Would that work for yo...
by retiredjg
Mon Jul 27, 2015 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Employer Acquisition - Choosing New 401k Options
Replies: 8
Views: 651

Re: Employer Acquisition - Choosing New 401k Options

Please remember that if you want to be understood, fund names mean more to many of us than ticker symbols. Without looking up the tickers, I don't actually know what you have in your portfolio. The truth is that anything will suffice right now while the portfolio is small. It does not matter a lot w...
by retiredjg
Mon Jul 27, 2015 8:38 am
Forum: Investing - Theory, News & General
Topic: 50/50 asset allocation
Replies: 58
Views: 4084

Re: 50/50 asset allocation

My point is that people have emotions and being at 70% to 100% stocks is simply not emotionally possible for a lot of people. This particularly true of older people.
by retiredjg
Mon Jul 27, 2015 8:22 am
Forum: Investing - Theory, News & General
Topic: 50/50 asset allocation
Replies: 58
Views: 4084

Re: 50/50 asset allocation

Hence the optimal equity allocation is somewhere in 70-100%. If numbers ruled the world, a statement like this might have some use. Since there is much more to living than knowing some numbers, I don't find this information to be very helpful. The solution is to save enough money and then preserve ...
by retiredjg
Mon Jul 27, 2015 7:45 am
Forum: Investing - Theory, News & General
Topic: 50/50 asset allocation
Replies: 58
Views: 4084

Re: 50/50 asset allocation

Do you think 60/40 is a good compromise if that is the route I want to go. I personally think the Vanguard retirement Income funds with only 30% in stocks is not enough to keep up with inflation and/or leave some behind to your heirs and hopefully some charities. I think 60/40 is a good compromise ...
by retiredjg
Mon Jul 27, 2015 6:16 am
Forum: Investing - Help with Personal Investments
Topic: Please help with roth 403b Allocation
Replies: 36
Views: 1730

Re: Please help with roth 403b Allocation

traveltoomuch wrote:It's about the share class, not the fund itself.

This is good information to know. Thanks for the link.
by retiredjg
Sun Jul 26, 2015 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: help with my investing direction.. errrr, I'm with Ram-it James
Replies: 21
Views: 1016

Re: help with my investing direction.. errrr, I'm with Ram-it James

You can pay them $3,450 (and rising) each year or you could pay Vanguard $690 a year to put you in a portfolio that you can understand. Or you can not pay anyone. Yes, over the years it will make a significant difference. Not only do you lose the $3,450 each year, you lose the earnings that money wo...
by retiredjg
Sun Jul 26, 2015 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Individual 401K
Replies: 35
Views: 1512

Re: Individual 401K

Were you able to find a list of what can be bought without a transaction fee? If they will sell you the ETFs you want I don't see any problem. I guess I assumed you wanted a place to roll the old 401k with Principal and maybe even the one with T-C.
by retiredjg
Sun Jul 26, 2015 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation / rebalancing with very small portfolio
Replies: 28
Views: 1283

Re: Asset allocation / rebalancing with very small portfolio

posh, I've been mulling this over in the back of my mind. I've pretty much decided that the idea I had may not suit your personality very well. I was thinking it might be best to just have percentages for each of your goals - X% of income set aside for retirement, Y% for debt, and Z% for the shorter...
by retiredjg
Sun Jul 26, 2015 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Individual 401K
Replies: 35
Views: 1512

Re: Individual 401K

Interesting that you came to that conclusion. The 3 question marks leave a lot of things unanswered and some people are not interested in ETFs. So TD would have been my last choice, not the first choice. :happy If I were in the market, I'd choose Vanguard if I didn't need to do a rollover and Fido i...
by retiredjg
Sun Jul 26, 2015 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Help with asset placement
Replies: 7
Views: 407

Re: Help with asset placement

By the way, please check my math. When dealing with this many 6 and 7 figure numbers, I find it easy to make a mistake here and there. :happy
by retiredjg
Sun Jul 26, 2015 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Help with asset placement
Replies: 7
Views: 407

Re: Help with asset placement

Here is the current portfolio as I understand it. The total I get is $2,501,000 not including the 529 accounts which you do not want to include in this asset allocation. This is a different number from your first post ($2,567,000 not including the 529) but I'm assuming the difference is just the dif...
by retiredjg
Sat Jul 25, 2015 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation / rebalancing with very small portfolio
Replies: 28
Views: 1283

Re: Asset allocation / rebalancing with very small portfolio

I believe for married filing jointly I can contribute up to $11k in an IRA. Is that not the case? No, that is not the case. But, you can contribute $5,500 to your IRA and your wife can contribute $5,500 to Her IRA. It is already apparent that you have some skills with managing and saving money and ...
by retiredjg
Sat Jul 25, 2015 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: What should I put in my Roth IRA if TDF's are "bad?"
Replies: 23
Views: 786

Re: What should I put in my Roth IRA if TDF's are "bad?"

I've been hearing from different sources (research and people) that a target date retirement fund isn't the greatest fund to have your Roth IRA. Hogwash. The only time this is true is if the fund itself is poor and there are a lot of those out there. Vanguard is not one of them. There are times whe...
by retiredjg
Sat Jul 25, 2015 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Help with asset placement
Replies: 7
Views: 407

Re: Help with asset placement

Please clarify - $782k in the G fund.

That cannot be in an IRA to my knowledge - only in the TSP. Is that the only money in the TSP or is there other money in the TSP?
by retiredjg
Sat Jul 25, 2015 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation / rebalancing with very small portfolio
Replies: 28
Views: 1283

Re: Asset allocation / rebalancing with very small portfolio

I don't think anyone has suggested that you invest heavily in your 401k if you need the money for shorter term goals. What was suggested is that your 401k is worth investing in (to the extent that you can put money away for retirement) even if the expense ratios are high (which they are not). If you...
by retiredjg
Sat Jul 25, 2015 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Help with division across tax/non-tax advantaged accts
Replies: 4
Views: 184

Re: Help with division across tax/non-tax advantaged accts

I'd do this: VTSAX - $825k VTIAX - $375k VBTLX - $300k <--$100k in the IRA and the rest in the 401k and split the rest up any way you want However, if you want to tax loss harvest, there will be some conflicts and these should be worked out ahead of time. Edited to add: Since the IRA is a Roth, I'd ...
by retiredjg
Sat Jul 25, 2015 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Moving to 3 fund portfolio and "correcting" for limited 401k offerings without sacrificing simplicity
Replies: 4
Views: 272

Re: Moving to 3 fund portfolio and "correcting" for limited 401k offerings without sacrificing simplicity

It might be hard to answer this since we cannot visualize what you have. Here are some possibilities. 1) Do you have a taxable account or any IRA or Roth IRA at Vanguard? If yes, will it/they hold all the international you want? If so, just use the Vanguard fund in those accounts. 2) Add an emerging...
by retiredjg
Sat Jul 25, 2015 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help with asset placement
Replies: 7
Views: 407

Re: Help with asset placement

Agree. We need to know what you have now and where it is located to help you. Also, the amount of capital gains you have in the taxable account. You also need to consider that "fixing" your portfolio to make it more efficient may not be worth the cost of fixing it. Sometimes it's just bett...
by retiredjg
Sat Jul 25, 2015 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Question about my Roth & Traditional IRAs
Replies: 9
Views: 551

Re: Question about my Roth & Traditional IRAs

It depends largely on your tax bracket. If you convert the $15k in the tIRA to Roth IRA, you'll own tax on the additional $15k in income. That tax money should come out of savings, not out of the IRA. If you are in a very low tax bracket now, converting to Roth might be a good idea if you have the m...
by retiredjg
Sat Jul 25, 2015 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: Please help with roth 403b Allocation
Replies: 36
Views: 1730

Re: Please help with roth 403b Allocation

To my knowledge, all the American funds are load funds except money market. Sometimes, the loads are waived inside a 401k or similar plan. See next post. There is nothing wrong with the American funds themselves, but the loads and the higher expense ratios make them less than desirable in my opinio...
by retiredjg
Sat Jul 25, 2015 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: help with my investing direction.. errrr, I'm with Ram-it James
Replies: 21
Views: 1016

Re: help with my investing direction.. errrr, I'm with Ram-it James

Do you have control over how your assets are invested in the NFL 401k? If so, both your taxable account and your 401k should be coordinated to work as a whole. And your wife's accounts should be worked in there as well. Also, you probably have a 403b and maybe a 457b plan available at work? If you s...
by retiredjg
Sat Jul 25, 2015 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: help with my investing direction.. errrr, I'm with Ram-it James
Replies: 21
Views: 1016

Re: help with my investing direction.. errrr, I'm with Ram-it James

Agree. Frying pan to fire. Your best choice is to do it yourself. This investing stuff is not that hard. Your biggest problem is going to be getting rid of the 31 mutual funds without paying a lot of taxes. That might take you some time unless we have a market downturn - then it would be easy. If yo...
by retiredjg
Sat Jul 25, 2015 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Employer sponsoring fee based 401K advisor / Fund Questions
Replies: 4
Views: 253

Re: Employer sponsoring fee based 401K advisor / Fund Questions

TradingPlaces wrote:You might want to contact regulators and send them to your 401K administrator.

You see something that looks amiss?
by retiredjg
Sat Jul 25, 2015 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation / rebalancing with very small portfolio
Replies: 28
Views: 1283

Re: Asset allocation / rebalancing with very small portfolio

Re: capital gains, wouldn't it make more sense to sell it sooner if I'm going to sell it? If I sell everything now I'll have about $200 in capital gains to pay at 25%, so that'd be $50 in tax. If I wait a year, and the investments grow by 5%, the new portfolio value would be $15960, and 15% of $960...
by retiredjg
Sat Jul 25, 2015 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation / rebalancing with very small portfolio
Replies: 28
Views: 1283

Re: Asset allocation / rebalancing with very small portfolio

One reason I don't want to fund the 401k beyond enough to max the match is it's a Fidelity thing, and the investment choices are limited and have high MERs. Vanguard ETFs have much lower MERs. Mostly we see decent choices in Fidelity 401k plans. Occasionally, we see one that is really bad. Even wit...
by retiredjg
Sat Jul 25, 2015 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Employer sponsoring fee based 401K advisor / Fund Questions
Replies: 4
Views: 253

Re: Employer sponsoring fee based 401K advisor / Fund Questions

1. I find it disturbing that my employer and 401k plan administrator are sharing my 401k balance, investment selections, and contributions with third parties. Is this common practice? 2. Why would a company sponsor this type of activity? Do they get kickback or do the managers think they are helpin...
by retiredjg
Sat Jul 25, 2015 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation / rebalancing with very small portfolio
Replies: 28
Views: 1283

Re: Asset allocation / rebalancing with very small portfolio

Something you may want to consider is tax-efficiency. Basically, that means not paying extra taxes. Several things in your taxable account are not tax-efficient - REIT, the bonds, the global real estate - all of those are raising your taxes. To the extent you hold them at all, they should be held in...
by retiredjg
Fri Jul 24, 2015 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Please help with roth 403b Allocation
Replies: 36
Views: 1730

Re: Please help with roth 403b Allocation

You might find playing with tax-caster to be informative.

https://turbotax.intuit.com/tax-tools/c ... taxcaster/
by retiredjg
Fri Jul 24, 2015 10:59 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) employer match true-up after leaving company
Replies: 27
Views: 1852

Re: 401(k) employer match true-up after leaving company

Thanks! I get it now. Apparently, my plan (TSP) match was done by pay period. The whole concept of true-up sort of made sense, but didn't make complete sense.
by retiredjg
Fri Jul 24, 2015 6:45 am
Forum: Investing - Help with Personal Investments
Topic: Please help with roth 403b Allocation
Replies: 36
Views: 1730

Re: Please help with roth 403b Allocation

I'm really glad you brought this up because I was referring to gross income as opposed to taxable so it's actually lower with all the exemptions. This is why I pointed out that taxable income is line 43 on your Form 1040 - so you could compare it to the chart. Your taxable income is not just lower ...
by retiredjg
Thu Jul 23, 2015 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Back door Roth Help - Fidelity
Replies: 5
Views: 679

Re: Mega Back door Roth Help - Fidelity

If they made the check out to you personally then somebody messed up big time in my opinion. I hope you'll let us know how it turns out. As far as I can see, your instructions were exactly what Alan S said they needed to be in order to do what you want to do. Customer service at Fido is really takin...
by retiredjg
Thu Jul 23, 2015 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Is the Vanguard advisor service worth while for me?
Replies: 18
Views: 1407

Re: Is the Vanguard advisor service worth while for me?

I don't know and I certainly hope you let us all in on what you learn tomorrow.

My concern with this plan is that whatever they TLH in taxable could inadvertently overlap and cause a wash sale with what you hold in your other accounts. I'd be interested in how they would plan to work around that.
by retiredjg
Thu Jul 23, 2015 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Employer Acquisition - Choosing New 401k Options
Replies: 8
Views: 651

Re: Employer Acquisition - Choosing New 401k Options

In the 25% tax bracket, I'd probably use traditional 401k and Roth IRA combination. If you have a pension coming or if your income is going up very quickly to a very high level and will stay there a long time, I might use Roth 401k while in the 25% bracket and switch to traditional when higher than ...
by retiredjg
Thu Jul 23, 2015 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Back door Roth Help - Fidelity
Replies: 5
Views: 679

Re: Mega Back door Roth Help - Fidelity

It appears they messed up and my guess is that they will have to fix it. You'd best call them before actually doing anything. Regarding the check - is it made out to you or is it made out to Vanguard FBO (for benefit of) you? If it is made out to Vanguard FBO your Roth IRA, you can forward it to Van...
by retiredjg
Thu Jul 23, 2015 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Buying SPIA
Replies: 3
Views: 434

Re: Buying SPIA

I think you'll get a lot of differing opinions on this. I'd look at the SPIA as an income stream, not as bonds. Then I'd set the portfolio AA at a number that would make me comfortable during a crash. That might be 80/20 or 70/30 if I never expect to need the portfolio money and wanted to invest for...
by retiredjg
Thu Jul 23, 2015 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Balance between saving in taxable account and retirement account? (mega backdoor version)
Replies: 13
Views: 1519

Re: Balance between saving in taxable account and retirement account? (mega backdoor version)

On the other hand, because there's a limit on how much money we can put into retirement account and I do not want to miss it. There is absolutely no need to put over $100k into retirement accounts each year. Saving half that would be more than enough for most people. You set an unnecessary and unre...
by retiredjg
Thu Jul 23, 2015 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) employer match true-up after leaving company
Replies: 27
Views: 1852

Re: 401(k) employer match true-up after leaving company

But my previous employer only matches if you contribute at least their X% *every* paycheck, so if you max out early, you stop getting the matching money. I maxed it out partway through the year and then they gave me the missing matching money in February as the "true-up". So you did event...
by retiredjg
Thu Jul 23, 2015 11:36 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) employer match true-up after leaving company
Replies: 27
Views: 1852

Re: 401(k) employer match true-up after leaving company

Someone please educate me. I'm assuming if you put in enough each paycheck to get the full annual amount, you should be getting the full match each paycheck and there will be no true-up. Is this incorrect?

What types of circumstances result in a true-up happening?
by retiredjg
Thu Jul 23, 2015 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Employer Acquisition - Choosing New 401k Options
Replies: 8
Views: 651

Re: Employer Acquisition - Choosing New 401k Options

30% AMECX *this is from previous employer and currently with American Funds. I can transfer to frozen acct at Vanguard or keep at AF in the market until May '16 and i will roll over. Thoughts?* I don't believe there is any need to roll to a frozen SIMPLE. Since you have a new employer and a new pla...
by retiredjg
Thu Jul 23, 2015 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Please help with roth 403b Allocation
Replies: 36
Views: 1730

Re: Please help with roth 403b Allocation

With that information, I'd be using Roth 403b now - you are in the 25% bracket now and it appears you will never be in a bracket lower than that without some very big changes in tax law. Since you are not very likely to ever pay at a lower rate, you might as well pay now. Once you get into the 28% b...
by retiredjg
Thu Jul 23, 2015 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Selling home - unexpected competition
Replies: 111
Views: 13334

Re: Selling home - unexpected competition

I sure hope it is not a tear-down. It would be so frustrating to me to paint my home and pretty it up just to have someone come in and tear it down.

What a waste of resources. People doing that should be ashamed.
by retiredjg
Thu Jul 23, 2015 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Selling home - unexpected competition
Replies: 111
Views: 13334

Re: Selling home - unexpected competition

Thanks for the update. A very educational thread.

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