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Re: Portfolio advice please. Moving funds to Vanguard.

Thanks for the analysis and explanations. Conclusion: I should not fund a backdoor roth.

Does the proposed asset allocation, etc look OK?
by twowheeler
Mon Jul 15, 2013 5:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice please. Moving funds to Vanguard.
Replies: 15
Views: 1270

Re: Portfolio advice please. Moving funds to Vanguard.

I spoke with my accountant and from what I can understand it seems to make sense. Very difficult for me to totally understand all these concepts. However next year I will most likely be in a higher tax bracket so probably does not make sense to do a backdoor roth. Here is an email he sent and maybe ...
by twowheeler
Mon Jul 15, 2013 3:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice please. Moving funds to Vanguard.
Replies: 15
Views: 1270

Re: Portfolio advice please. Moving funds to Vanguard.

This is certainly beyond my novice level of expertise. So sounds like I should forget about doing a backdoor roth but for my wife it makes sense. I will ask my accountant about this.
by twowheeler
Mon Jul 15, 2013 9:45 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice please. Moving funds to Vanguard.
Replies: 15
Views: 1270

Re: Portfolio advice please. Moving funds to Vanguard.

Total simple IRA contribution for 2012 was $16,153. My contribution limit is $11,500 and employer match 3% of salary, totaling $16,153.
by twowheeler
Sun Jul 14, 2013 11:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice please. Moving funds to Vanguard.
Replies: 15
Views: 1270

Re: Portfolio advice please. Moving funds to Vanguard.

I found my tax form 8606 from 2012 and it appears they certainly knew about all IRA accounts and 2012 contributions. I can check with them tomorrow and make sure it is all OK.
by twowheeler
Sun Jul 14, 2013 10:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice please. Moving funds to Vanguard.
Replies: 15
Views: 1270

Re: Portfolio advice please. Moving funds to Vanguard.

Thanks for the heads up on this issue. I will have to check with my accountant. There was no mention of a pro rata rule and they seemed very confident in funding the backdoor roths.
by twowheeler
Sun Jul 14, 2013 9:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice please. Moving funds to Vanguard.
Replies: 15
Views: 1270

Re: Portfolio advice please. Moving funds to Vanguard.

I think my 2012 Simple contributions were actually around $16,000. Our accountant advised us to fund a traditional IRA and then once the funds clear, roll them into our roth IRAs. Is this the backdoor Roth? Does this answer your questions?

Thanks
by twowheeler
Sun Jul 14, 2013 8:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice please. Moving funds to Vanguard.
Replies: 15
Views: 1270

Portfolio advice please. Moving funds to Vanguard.

OK, so here is my second post regarding my portfolio. I’ve done some reading since and have come to some conclusions. Below are the details about me and my wife. I am transferring my accounts to Vanguard and my wife’s accounts will stay with her employer except a Roth IRA account soon to be at Vangu...
by twowheeler
Sun Jul 14, 2013 5:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice please. Moving funds to Vanguard.
Replies: 15
Views: 1270

Re: 3 fund portfolio vs more complicated allocation

Wow, thanks for all you comments. I have been reading a lot and trying to figure out the best solution for me. I will make another post with my portfolio and what I am planning for changes. Currently debating between (all vanguard funds) 8% US Large Index 8% US Large Value 8% US Small 8% US Small Va...
by twowheeler
Sat Jul 13, 2013 6:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio vs more complicated allocation
Replies: 34
Views: 3689

Re: 3 fund portfolio vs more complicated allocation

Thanks. Maybe I am jumping the gun. I will return with more info.
by twowheeler
Sun Jun 30, 2013 11:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio vs more complicated allocation
Replies: 34
Views: 3689

3 fund portfolio vs more complicated allocation

Hi, I am in the process of moving my funds to Vanguard and simplifying my accounts. I am currently invested in way too many funds and I am interested in the 3 fund portfolio. Should I consider more funds to favor small value and add REITs like Larry Swedroe suggests in his book The Only Guide to a W...
by twowheeler
Sun Jun 30, 2013 10:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio vs more complicated allocation
Replies: 34
Views: 3689

Re: Portfolio review help please!

Thanks for the responses. I think I just needed a good slap to the face to get off my butt and take this on myself. I will take your suggestions and start taking action. Thanks!
by twowheeler
Tue Jun 25, 2013 10:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio review help please!
Replies: 3
Views: 480

Portfolio review help please!

Hi and thanks for taking a look, This is my first post on the forum. I have been meaning to do this for a long time and finally got around to it. Hopefully I provided all the necessary info. I have some questions at the end. I really appreciate any feedback. Age: Me 38, wife 37 Tax Rate: 28% Fed, 9%...
by twowheeler
Tue Jun 25, 2013 7:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio review help please!
Replies: 3
Views: 480

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