Search found 17 matches

by 7out
Thu Mar 23, 2017 9:50 am
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

I like what you did with the bonds retiredjg. It makes a lot of sense considering the options they give me in the 401k.

My wife and I do have our share of health issues, and unfortunately the High Deductible is not available to us. Thanks for the info on it though harvestbook.
by 7out
Wed Mar 22, 2017 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

This is a copy and paste of the Federated Capital Preservation R6 from my 401k website...

Annualized Returns (%)
as of 12/31/2016
Gross Expense Ratio: 0.48%
Net Expense Ratio: 0.46%
4Q 0.32
YTD 1.18
1 Yr 1.18
3 Yrs 1.01
5 Yrs 1.18
10 Yrs 2.36
by 7out
Wed Mar 22, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

I have an HMO plan at work that covers my wife and I. It's not great but it helps us to see a doctor when we need to. I am concerned with how I'm going to get to 65 and medicare if I was to retire in the next few years. It is a bit scary thinking about the 13 years until my wife makes it to medicare...
by 7out
Wed Mar 22, 2017 8:50 am
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

As far as savings go... All these years I have been able to save both max contributions to our IRA's and the 401k along with the $100 a month auto deposit. Roughly $13,000 + $3,669 + $1,200 = $17,869 a year But I am about to take a dip in my earnings. A side job that I do at work that has paid me $1...
by 7out
Tue Mar 21, 2017 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

retiredjg, I can't thank you enough for the effort you have put into helping me. I have learned a lot from you in this short time. I really like what you have put together, and it makes so much more sense now that I have a better understanding. My IRA conversion will take care of the 40% in bonds pr...
by 7out
Mon Mar 20, 2017 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

Thanks ruralavalon!

I'll park it in the money market retiredjg suggested for now, and wait for his advice for it's future location.
by 7out
Mon Mar 20, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

I was about to invest in the 2 money market funds when I started thinking about my wife's new Roth IRA. Since she still has 7 and a half years before she could withdraw from it (59 1/2), should I stay aggressive with hers? Granted her fund is currently 100% stock, but with that much time left, what ...
by 7out
Mon Mar 20, 2017 9:13 am
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

Thanks for your reply in_reality Unfortunately, my wife hasn't worked all these years because of health issues. My comeback would have been so much easier with help from her. The more I think about it, I probably will drag my feet when it comes to a retirement date. I hoped for age 62 (Dec 2017), bu...
by 7out
Sun Mar 19, 2017 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

Thank You jg!

Is this where I should put the 2016 Roth IRA's?

Vanguard Prime Money Market Fund (VMMXX)
by 7out
Sun Mar 19, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

Hi jg! Your suggestion of 60/40 sounds great to me. Coming from my current 100/0, I could even go 70/30, but at my age that's probably not a great idea. I guess I'm not really sweating the risk as 16 years ago, I had 0 saved. I'm not sure what to do about international stocks. If you think it's a go...
by 7out
Sat Mar 18, 2017 9:25 am
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

Thank you Epsilon Delta for clearing up the 5 year clock. Retiredjg, On monday I plan to start the roth's with the 2016 contribution. ($6,500 X 2) Should I just start 2 money markets? or maybe the Vanguard Total Bond? retiredjg wrote: I don't think you need the expensive Large Cap Growth Select fund...
by 7out
Tue Mar 14, 2017 10:13 am
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

Wow, thank you so much jg! My portfolio makes so much more sense now. Yes, you are dead on with your breakdown. 80% of my earnings are from tips. Business is slower the last few years, but we have leveled off to around 50 to 55k a year. Realistically, I think I can average between 750 to 1,000 a mon...
by 7out
Mon Mar 13, 2017 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

Hey retiredjg! Yes, I followed your link and I am in the 15% bracket. I listed the expense ratios for the funds I'm in with my 401k above. There was only one international and a couple bond funds available. Some of the other funds available are... Delaware Value Inst - DDVIX - Gross Exp Ratio- 0.72%...
by 7out
Mon Mar 13, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

Thank you so much for the feedback guys! Emergency funds: 20,000 (2,500 x 6 months = $15,000) Debt: Mortgage $8,100 @ 4.5% Tax Filing Status: Married Filing Jointly (wife doesn’t work, $0 income) Tax Rate: 15% Federal ($55,000 2016) 0% State State of Residence: Nevada Age: 61 (wife 52) Desired Asset...
by 7out
Mon Mar 13, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

Thank you Aristotelian. When you say I can decide later what to put it in, do you mean I can do my taxes now and claim that I have maxed both IRA's with the IRS? Also, should I make this years $6,500 contribution for me into a bond fund to help to start my re balancing? Thank You very much for the h...
by 7out
Sun Mar 12, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

Re: IRA yes or no?

Hi David, thank you so much for your reply! My only investments are my IRA - Vanguard Value Index which is currently $153,000. A 401k with Transamerica that is $111,000 today. I have a small mutual fund in the Vanguard Mid-Cap Index which is around $35,000. My wife's IRA is in the Vanguard Dividend ...
by 7out
Sun Mar 12, 2017 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: IRA yes or no?
Replies: 41
Views: 2906

IRA yes or no?

Hey Guys, I'm 61 and my wife is 52. After a few bad decisions, I started my life over in the mid 40's. 15 years ago I started a Vanguard traditional IRA. Not knowing where to put it, I choose the Vanguard Value Index. Every year I have contributed the maximum. 12 years ago I started one for my wife,...

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