Search found 20362 matches

Return to advanced search

Re: What to add to my "Core 3"

Yes, the argument would be that tax-deferral is a good thing. Some people would say that your priorities should be: 1) His plan up to the match (free money and tax -deferral) 2) Her plan up to the max (tax-deferral) 3) Roth IRAs. However, we don't know your tax bracket, so it is difficult to say. If...
by retiredjg
Tue Mar 31, 2015 5:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: What to add to my "Core 3"
Replies: 11
Views: 1217

Re: My Strategy For A Market Crash

I'm curious why dividends are relevant to your strategy at all. The distinction between dividends and capital gains has always seemed arbitrary to me. I think all that matters is total return. Respectfully, either you did not read or did not understand the OP's post and following posts, or you may ...
by retiredjg
Tue Mar 31, 2015 4:50 pm
 
Forum: Investing - Theory, News & General
Topic: My Strategy For A Market Crash
Replies: 30
Views: 4515

Re: What to add to my "Core 3"

By the way, many people would encourage you to put more into her 401k before filling up the 2 IRAs.
by retiredjg
Tue Mar 31, 2015 8:49 am
 
Forum: Investing - Help with Personal Investments
Topic: What to add to my "Core 3"
Replies: 11
Views: 1217

Re: What to add to my "Core 3"

Once I get these two IRAs fully funded for the year, I'll start socking away in the wife's 401K. Since I've got a fairly decent AA across the 401K/2 IRAs as it is, I may just try and "recreate" the same AA inside her 401K - using the index funds within each respective asset classes. Thoug...
by retiredjg
Tue Mar 31, 2015 8:48 am
 
Forum: Investing - Help with Personal Investments
Topic: What to add to my "Core 3"
Replies: 11
Views: 1217

Re: Newbie planner with windfall and no real portfolio: help

As it turns out my current employer's AXA broker started dumping my funds into what appears to be a high expense account (though I am not sure). When I could not find the info on their website I emailed and he responded with the following: If this is a new employer, they may have a default option w...
by retiredjg
Tue Mar 31, 2015 8:35 am
 
Forum: Investing - Help with Personal Investments
Topic: Newbie planner with windfall and no real portfolio: help!
Replies: 35
Views: 2180

Re: Newbie planner with windfall and no real portfolio: help

What are your thoughts on this development? I don't think we know enough to have many thoughts. :happy You have a 403b available. Is there only 1 vendor in this 403b? Or are there a bunch of vendors that you can choose from? A bunch of vendors would be typical of a school system. If there is only 1...
by retiredjg
Tue Mar 31, 2015 8:26 am
 
Forum: Investing - Help with Personal Investments
Topic: Newbie planner with windfall and no real portfolio: help!
Replies: 35
Views: 2180

Re: First time 401k/404c, need suggestions

Talked to TDAm today and Vanguard as well. Going to 'in kind' it over just so it's faster. Just to be clear, I did not mean an "in kind" rollover is necessarily faster, just that your money will not be in cash (out of the market) as long. I'm curious what your TDA and Vanguard people had ...
by retiredjg
Tue Mar 31, 2015 6:51 am
 
Forum: Investing - Help with Personal Investments
Topic: First time 401k/404c, need suggestions
Replies: 14
Views: 834

Re: What to add to my "Core 3"

You should definitely be using Her 401k before putting retirement money in taxable. Your wife's 401k is better than yours. Don't contribute more than enough to get the match to your 401k. Principal Bond and Mortgage Separate Account - .71% ER <--if you have to have bonds in His 401k, this one is usa...
by retiredjg
Tue Mar 31, 2015 6:43 am
 
Forum: Investing - Help with Personal Investments
Topic: What to add to my "Core 3"
Replies: 11
Views: 1217

Re: What to add to my "Core 3"

My experience in helping people build their portfolios is that having a bond fund or stable value fund in the 401k pretty much needs to happen because the 401k gets the largest contribution. In your case, you could push international out of Her Roth IRA and replace it with bonds. And push Extended M...
by retiredjg
Mon Mar 30, 2015 8:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: What to add to my "Core 3"
Replies: 11
Views: 1217

Re: Grateful Newbie and self-bogled Portfolio Advice

retiredjg, I am interested your thoughts/point of view on this. I'm fairly neutral on it if it turns up you don't have gains to offset. If you sell everything now, you'll know what your carryover losses are and you can get all your money to work. If you sell everything, you'll be able to take $3k o...
by retiredjg
Mon Mar 30, 2015 6:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: Grateful Newbie and self-bogled Portfolio Advice
Replies: 15
Views: 1048

Re: My Strategy For A Market Crash

EyeYield wrote:If there are any comments on my strategy, I welcome them.

I think if you can live on just the dividends it probably does not matter which of several strategies you use. I don't see anything particularly harmful about the one you have chosen.
by retiredjg
Mon Mar 30, 2015 5:56 pm
 
Forum: Investing - Theory, News & General
Topic: My Strategy For A Market Crash
Replies: 30
Views: 4515

Re: To convert to Roth IRA from 401(k)

I must have overlooked something. I figured income of $206k. I don't see how that could get to a taxable income as low as you did.

Point is the same though - at least some would be converted at 28%. Not a good plan in my opinion.
by retiredjg
Mon Mar 30, 2015 5:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: To convert to Roth IRA from 401(k)
Replies: 8
Views: 649

Re: stick with current portfolio or move to Bill Schultheis'

Do you even have access to all those funds while filling your TSP and a Roth IRA? I'm thinking you don't. Don't look for a portfolio you like. Look for the best portfolio you can build with the building blocks you have. And don't go headed east when your destination is west. And mostly don't head in...
by retiredjg
Mon Mar 30, 2015 5:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: stick with current portfolio or move to Bill Schultheis' cof
Replies: 15
Views: 1064

Re: What to add to my "Core 3"

I'm surprised it turns out that close, I'd use Extended Market unless you want to tilt to small cap.

I don't see any holes. One of those is the next logical thing to add in my opinion.
by retiredjg
Mon Mar 30, 2015 5:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: What to add to my "Core 3"
Replies: 11
Views: 1217

Re: Grateful Newbie and self-bogled Portfolio Advice

It must have been a very nice newsletter....
by retiredjg
Mon Mar 30, 2015 5:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Grateful Newbie and self-bogled Portfolio Advice
Replies: 15
Views: 1048

Re: Grateful Newbie and self-bogled Portfolio Advice

Vanguard will not know the cost basis of these funds. This is something you must get from your current custodian or figure out for yourself before you move . Thanks didn't know that. Since my accounts were transferring "in kind" I assumed the financial history of the accounts went with it...
by retiredjg
Mon Mar 30, 2015 5:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: Grateful Newbie and self-bogled Portfolio Advice
Replies: 15
Views: 1048

Re: To convert to Roth IRA from 401(k)

It appears the income* would put you in the 28% bracket. I also get $15k in federal tax and the tax needs to be paid out of savings, not the 401k. Plus state tax. I would not convert a 401k at 28% under very many circumstances. I especially would not defer taxes at 25% and then voluntarily pay 28% a...
by retiredjg
Mon Mar 30, 2015 4:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: To convert to Roth IRA from 401(k)
Replies: 8
Views: 649

Re: Sued and won for drycleaner losing suit, suit now found.

Ok, the money came out fine. But will your wife get a new suit just like the one she lost? Does she care?
by retiredjg
Mon Mar 30, 2015 4:05 pm
 
Forum: Personal Consumer Issues
Topic: Sued and won for drycleaner losing suit, suit now found.
Replies: 86
Views: 7643

Re: Can I offset short & long term Cap Gains?

If you sell all of ABC and all of XYZ you will have a long term loss of $1000 and a short term gain of $1000. If you have no other sales, these 2 will offset each other. But as dbr mentioned, there could be a better choice. Unfortunately, that can't be predicted because you don't know how large the ...
by retiredjg
Mon Mar 30, 2015 4:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Can I offset short & long term Cap Gains?
Replies: 3
Views: 256

Re: Need pointers from my situation to understand investing

You are not filling your Roth IRA, so some of the money should go there. We don't know if you are filling the 401k or not, but you should. Whatever you are putting in the 401k should probably be traditional not Roth in the 28% tax bracket. There are some exceptions, but unless you are Doogie Howser,...
by retiredjg
Mon Mar 30, 2015 3:56 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need pointers from my situation to understand investing
Replies: 6
Views: 518

Re: Newbie planner with windfall and no real portfolio: help

Are target accounts considered tax friendly for my windfall funds? What would be considered not tax friendly for those funds? I really appreciate the input, this entire discussion has been extremely helpful to me; I can only read so much in a vacuum before having a dialogue forces me to really comp...
by retiredjg
Mon Mar 30, 2015 3:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie planner with windfall and no real portfolio: help!
Replies: 35
Views: 2180

Re: Newbie planner with windfall and no real portfolio: help

Here is something I threw together a few years ago. It is not a sequence of ideas. They are separate ideas. Give each some thought and see if you start coming up with a number or a range of numbers. If you can narrow it down at all, that's progress. I'll mention again, like others, that your stock t...
by retiredjg
Mon Mar 30, 2015 3:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie planner with windfall and no real portfolio: help!
Replies: 35
Views: 2180

Re: Moving Fiance's investments

Forget the points and the pros and cons. You will never win this argument. Even if you are right, and even if you win, you will not win this. Just leave it alone.

The Roth vs traditional discussion is a moot point - you need to put money into both.
by retiredjg
Mon Mar 30, 2015 3:23 pm
 
Forum: Investing - Theory, News & General
Topic: Moving Fiance's investments
Replies: 14
Views: 839

Re: Newbie planner with windfall and no real portfolio: help

I am going to start consolidating the accounts as soon as I get all of the details about expense ratios. I am funding the 2014 and 2015 roth IRA accounts now. I do not believe I need the backdoor either since we are <191k in taxable income likely for 2015. However, reading into the details of that ...
by retiredjg
Mon Mar 30, 2015 3:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie planner with windfall and no real portfolio: help!
Replies: 35
Views: 2180

Re: Grateful Newbie and self-bogled Portfolio Advice

Theoretically, if you subtract your basis (purchase price plus reinvestments) from the current value of a fund, what you get is the unrealized capital gain or unrealized capital loss. See if that makes your "mistake" make sense.
by retiredjg
Mon Mar 30, 2015 1:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: Grateful Newbie and self-bogled Portfolio Advice
Replies: 15
Views: 1048

Re: Grateful Newbie and self-bogled Portfolio Advice

She stated to get the cost basis for the funds and then I will run it past her. My accounts are being transferred in kind to Vanguard and will do that after the transfer. Vanguard will not know the cost basis of these funds. This is something you must get from your current custodian or figure out f...
by retiredjg
Mon Mar 30, 2015 1:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Grateful Newbie and self-bogled Portfolio Advice
Replies: 15
Views: 1048

Re: Newbie planner with windfall and no real portfolio: help

I suggested this one as your risk tolerance for this windfall points to a much higher bond proportion than the target fund offers. Psychologically, I think this could be a good choice. But there are a couple of downfalls that some Bogleheads would pay attention to: -taxable bonds are not particular...
by retiredjg
Mon Mar 30, 2015 12:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie planner with windfall and no real portfolio: help!
Replies: 35
Views: 2180

Re: Brokerage account beyond tax-advantaged accounts

I actually believe there could be some diversification benefit in terms of tax-diversification. But I don't believe it outweighs the benefit of tax-deferral (401k, IRA) or Rothness (no tax on earnings).
by retiredjg
Mon Mar 30, 2015 12:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: Brokerage account beyond tax-advantaged accounts
Replies: 3
Views: 435

Re: All lazy portfolios impossible at Vanguard?

Other than slightly higher fees, what exactly is the downside of implementing a lazy 3-fund portfolio by simply buying Vanguard LifeStrategy? If a person has retirement money in a taxable account and is in the 25% or higher tax bracket, the LifeStrategy fund is not the best choice for holding the i...
by retiredjg
Mon Mar 30, 2015 9:57 am
 
Forum: Investing - Help with Personal Investments
Topic: All lazy portfolios impossible at Vanguard?
Replies: 23
Views: 2655

Re: AA advice for 57 year old of modest means

I let this happen through a lifetime of practicing risk aversion and procrastination. You have identified your weaknesses. That a huge step in the right direction! Current portfolio is $110,000 Asset (un)balance is approximately $35,00 in Vanguard sector funds and STAR, with some (not enough) Fidel...
by retiredjg
Mon Mar 30, 2015 9:53 am
 
Forum: Investing - Help with Personal Investments
Topic: AA advice for 57 year old of modest means
Replies: 4
Views: 794

Re: Grateful Newbie and self-bogled Portfolio Advice

TAXES My 2014 Fed taxable income (25%) was $57,288 (using standard deduction and personal exemption) Prior to any sale of the above investments, my 2015 Fed taxable income estimate, assuming similar dividends and capital gains income from investments, and using 2015 tax deductions/exemption, is $51...
by retiredjg
Mon Mar 30, 2015 9:34 am
 
Forum: Investing - Help with Personal Investments
Topic: Grateful Newbie and self-bogled Portfolio Advice
Replies: 15
Views: 1048

Re: Contributed too much to a Roth IRA - now what?

That is what I would do as well. Have the custodian recharacterize the Roth IRA contribution to tIRA. You will need to do form 8606 to document the $5,500 non-deductible contribution and send that into the IRS with your taxes (or alone if you've already done your taxes). Then convert the tIRA to Rot...
by retiredjg
Mon Mar 30, 2015 9:09 am
 
Forum: Personal Finance (Not Investing)
Topic: Contributed too much to a Roth IRA - now what?
Replies: 2
Views: 385

Re: pension lump sum rollover to Roth IRA

First, does this provision mean that even if Hewitt sends the check to my wife (rather than directly to Vanguard as we’d prefer), and even if my wife then has 60 days to forward the check to Vanguard, Hewitt should not withhold tax because the check is to be made payable to Vanguard [FBO my wife] a...
by retiredjg
Mon Mar 30, 2015 9:01 am
 
Forum: Investing - Help with Personal Investments
Topic: pension lump sum rollover to Roth IRA
Replies: 13
Views: 972

Re: First time 401k/404c, need suggestions

Some people prefer to move their assets "in kind" (as is) and sell once they get to Vanguard. This reduces the time that the money is out of the market which can be 2 or even 3 weeks. But I believe you'd pay a transaction fee to sell once at Vanguard unless they waive that for incoming acc...
by retiredjg
Mon Mar 30, 2015 5:24 am
 
Forum: Investing - Help with Personal Investments
Topic: First time 401k/404c, need suggestions
Replies: 14
Views: 834

Re: All lazy portfolios impossible at Vanguard?

sawhorse wrote:All lazy portfolios impossible at Vanguard?

I have to say this made me laugh. What could be lazier than a Vanguard Target Fund? :happy
by retiredjg
Sun Mar 29, 2015 8:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: All lazy portfolios impossible at Vanguard?
Replies: 23
Views: 2655

Re: All lazy portfolios impossible at Vanguard?

So am I basically limited to the Target Retirement and STAR funds? Well yes, if you want to use mutual funds instead of ETFs. But just how limiting are the target funds and the STAR fund? You get everything you need in one package for a very low costs. Try to see that as convenience rather than lim...
by retiredjg
Sun Mar 29, 2015 7:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: All lazy portfolios impossible at Vanguard?
Replies: 23
Views: 2655

Re: State Tax Prep Questions - Multi-State/Staggered Move

I don't know the answer to your question, but it makes me wonder if you can file married lointly for federal tax and separately for state tax. Is it possible to say you both moved on one date? This would mean the second person lived officially in one state and worked in another. Or the first person ...
by retiredjg
Sun Mar 29, 2015 5:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: State Tax Prep Questions - Multi-State/Staggered Move
Replies: 1
Views: 219

Re: How long do sofas really last

My couch is at least 65 years old. It was "good solid furniture" when it was bought sometime between 1945 and 1950. Lived through a couple of kids and about 6 dogs (more or less consecutively) and 2 or 3 cats. My parents had it reupholstered at least once. I've done it twice I think. That ...
by retiredjg
Sun Mar 29, 2015 4:41 pm
 
Forum: Personal Consumer Issues
Topic: How long do sofas really last
Replies: 42
Views: 3329

Re: pension lump sum rollover to Roth IRA

This should answer your question. Note that the rules for IRA and for 401k are not always the same. http://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Rollovers-of-Retirement-Plan-and-IRA-Distributions It looks like the employer may be confused - pretty easy since 20% withholding is requ...
by retiredjg
Sun Mar 29, 2015 4:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: pension lump sum rollover to Roth IRA
Replies: 13
Views: 972

Re: Closing out my first 'snowbirding' winter

...not sure if we'll recruit that same neighbor next year , we might ask out daughter and SIL to drive down from Boston every couple weeks but DW doesn't want to impose on them :annoyed . Many pet sitters also house and plant sit. Many of these people are bonded. They would not need to come every d...
by retiredjg
Sun Mar 29, 2015 3:41 pm
 
Forum: Personal Consumer Issues
Topic: Closing out my first 'snowbirding' winter
Replies: 37
Views: 4103

Re: Newbie planner with windfall and no real portfolio: help

To me, this is arguably the best way to approach the situation. Aggressive for long term funds (make sure you max out every year!), conservative for funds you might need before retirement. That makes perfect sense if this money were intended to go into a house in a year or a few. But he specificall...
by retiredjg
Sun Mar 29, 2015 3:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie planner with windfall and no real portfolio: help!
Replies: 35
Views: 2180

Re: Newbie planner with windfall and no real portfolio: help

A quick look suggests that your tax bracket this year will be 25% instead of 15%. Would you agree? Is that likely to continue? In the 15% bracket, the bond funds you are considering are fine. In the 28% bracket, they are not particularly fine. In the 25% bracket, it can go either way, but usually a ...
by retiredjg
Sun Mar 29, 2015 3:21 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie planner with windfall and no real portfolio: help!
Replies: 35
Views: 2180

Re: Why do I need a CFP?

I don't think you need a CFP. At least, I didn't see an identifiable need in your post. There are some people who do have a true need. And there are also people who just don't want to do it. For them I'm happy for the places that you mentioned. And one new one - Vanguard Personal Advisor Services wh...
by retiredjg
Sun Mar 29, 2015 2:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: Why do I need a CFP?
Replies: 3
Views: 605

Re: Buying a house, not new, what to look for/wish you had

Here's a different view of cup-de-sacs. I lived in one when I was in another state and I loved it until...all the neighborhood infants became children and tweens. Once all 30 to 40 of them were up and mobile, there was a constant stream of children going from yard to yard - as if the entire cup-de-s...
by retiredjg
Sun Mar 29, 2015 2:18 pm
 
Forum: Personal Consumer Issues
Topic: Buying a house, not new, what to look for/wish you had
Replies: 33
Views: 1926

Re: Newbie planner with windfall and no real portfolio: help

In regard to the student loans; my gut reaction was to pay them off immediately, however, it was pointed out to me that there may be an opportunity cost there in that if I did invest well I could potentially make more than the interest on the loans and I would also "have that money if I needed...
by retiredjg
Sun Mar 29, 2015 1:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie planner with windfall and no real portfolio: help!
Replies: 35
Views: 2180

Re: Newbie planner with windfall and no real portfolio: help

Debt: Total student loans $85,000 (consolidated federal, average 5%). Any loans that are higher interest should be put very near the top of your priorities. Certainly anything in the 6 or 7% range, and probably 5% as well. In fact, you should probably pay them with the cash you have. It makes littl...
by retiredjg
Sun Mar 29, 2015 1:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie planner with windfall and no real portfolio: help!
Replies: 35
Views: 2180

Re: Investment Portfolio Advice Needed

I understand better the combination of the fidelity 500 and extended market now. Just be sure to note - you have 500 index in 2 different accounts. That Extended Market is enough for all the 500 index in both accounts. As you add new money, you may have to fiddle with the numbers to get your ratios...
by retiredjg
Sun Mar 29, 2015 12:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment Portfolio Advice Needed
Replies: 13
Views: 1016

Re: Investment Portfolio Advice Needed

The Extended Market fund (yes, you pulled up the right one) is simply all the stocks in the total market that are not in the 500 index. So the two together at about 80:20 give you total stock market. I have never used Fidelity, but there should be no issue with moving from one set of funds to anothe...
by retiredjg
Sun Mar 29, 2015 11:43 am
 
Forum: Investing - Help with Personal Investments
Topic: Investment Portfolio Advice Needed
Replies: 13
Views: 1016
Next

Return to advanced search