Search found 4796 matches

by Duckie
Tue Jun 27, 2017 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Late Start-Seeking Portfolio Advice
Replies: 4
Views: 594

Re: Late Start-Seeking Portfolio Advice

We cannot make any changes to the annuity for now. My in-laws would be hurt if we were to get out of it, or make any changes to it. So does this mean you can make changes but choose not to for now? I will remove the annuity from our portfolio for now, and then try and apply a 3-fund strategy across...
by Duckie
Mon Jun 26, 2017 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Investment on lump sum of a rollover
Replies: 6
Views: 332

Re: Investment on lump sum of a rollover

What should I invest on now? The best options are: ⋅ Fidelity 500 Index FXAIX 0.02% -- Large caps, 80% of US stocks ⋅ Vanguard Small-Cap Index VSIIX 0.06% -- Small caps, 14% of US stocks ⋅ Vanguard Total International Stock Index VTSNX 0.09% -- Complete international s...
by Duckie
Mon Jun 26, 2017 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Late Start-Seeking Portfolio Advice
Replies: 4
Views: 594

Re: Late Start-Seeking Portfolio Advice

Age: 43 (me), 44 (husband) Desired Asset allocation: 80% stocks / 20% bonds 20% bonds at your ages is a little low. I'd bump that up to 30%. Desired International allocation: 25% of stocks Reasonable. Question1. I would really appreciate some feedback on what to do with husbands ROTH funds. The cur...
by Duckie
Sun Jun 25, 2017 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Is this the best, most tax-efficient allocation strategy?
Replies: 4
Views: 462

Re: Is this the best, most tax-efficient allocation strategy?

I would suggest skipping the 2.57% Total International Bond in the Roth IRA. Increase your allocation to Total Bond Market in 401k by 2.57% that would have gone to Total international bond. I agree. That accomplishes three things: ⋅ It removes a fund with a tiny percentage that is not use...
by Duckie
Sat Jun 24, 2017 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Backdoor Roth Conversion (Old Mutual Fund Acct vs. New Brokerage Acct)
Replies: 3
Views: 245

Re: Vanguard Backdoor Roth Conversion (Old Mutual Fund Acct vs. New Brokerage Acct)

Oddly enough, when I convert in my Brokerage account, Vanguard says they CANNOT withhold any taxes. When I converted in my spouse's old MF account, Vanguard says they can withhold if it is at least 10%. I hope we'll still get the right tax forms for my spouse's multiyear conversion. When she conver...
by Duckie
Thu Jun 22, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: (Ameriprise) Current Allocation before move to Vanguard
Replies: 5
Views: 372

Re: (Ameriprise) Current Allocation before move to Vanguard

JDTHOOSIER wrote:Below are all my funds in 3 IRAs and and my solo 401K.
<snip>
My 401K has really cut down on the funds available, the only Vanguard fund is VAIPX.

Is it a solo 401k or not? Because if it is a solo 401k you can choose your own options or even move to a different custodian.
by Duckie
Wed Jun 21, 2017 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Need help deciding fund to choose for 401k
Replies: 13
Views: 478

Re: Need help deciding fund to choose for 401k

Here are my fund choices. The best options (best being relative) in your new 401k are: ⋅ iShares S&P 500 Index Fund 0.11 -- Large caps, 80% of US stocks ⋅ Nationwide International Index Fund 0.71 -- Developed markets, 75% of international stocks ⋅ Lord Abbett Core ...
by Duckie
Wed Jun 21, 2017 2:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard invite - transition to a Brokerage Acct
Replies: 31
Views: 1388

Re: Vanguard invite - transition to a Brokerage Acct

Am I correct in assuming then for those of us who only hold mutual funds, there's little point in doing the upgrade? Yes, but I'm sure once Vanguard has shifted the other people, they'll get to us, too. I'd bet money that eventually everyone will be moved to the brokerage side. At least by then all...
by Duckie
Wed Jun 21, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: 401k mix investments
Replies: 7
Views: 479

Re: 401k mix investments

Also, any idea why the 2055-2060 is 1% higher than years below it? It might be because the higher the date the more the equities. Stocks can be a little more expensive to handle than bonds. It's the same with Vanguard. 2010 is 0.13% and 2060 is 0.16%. (And it's not 1% higher, it's 0.01% higher. Tha...
by Duckie
Tue Jun 20, 2017 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Portfolio Help
Replies: 3
Views: 416

Re: 401k Portfolio Help

bogledesk , welcome to the forum. I would appreciate your recommendation on which of these funds you would use to create a portfolio consisting of 60% stocks/40% bonds. Ideally, I would like my 401k portfolio to closely resemble the Vanguard LifeStrategy Moderate Growth Fund (VSMGX). VSMGX has an A...
by Duckie
Tue Jun 20, 2017 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another Backdoor Roth IRA post
Replies: 6
Views: 613

Re: Yet another Backdoor Roth IRA post

TrebleMaker , welcome to the forum. Address the $5,000 sitting in wife’s tIRA. Assuming we want to contribute, then convert, the full $5,500 (we are both under age 50) for 2017, if we divide $5,500 by $5,000, we get 1.10, meaning that only 1.10% of my wife’s $5,500 can be converted to Roth tax-free...
by Duckie
Mon Jun 19, 2017 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Review Requested:[Revised] Proposed Allocations in Prep for Retirement
Replies: 25
Views: 1780

Re: Review Requested: Proposed Allocations in Prep for Retirement

Desired Asset Allocation: 57%/39%/4% (start of Retirement) Desired International allocation: 19% of Equities So you want 57% stocks, 43% bonds/cash, with 19% of stocks in international. That breaks down to 46% US stocks, 11% international stocks, and 43% bonds/cash. Below you list 19% of the portfo...
by Duckie
Fri Jun 16, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: help with IRS letter charging for taxes on 2015 backdoor roth
Replies: 26
Views: 1922

Re: help with IRS letter charging for taxes on 2015 backdoor roth

I don't know what was the error but my 8606 says Line 1 (nondeductible contributions): 5,500 Line 2 (total basis): 0 Line 3 (Add 1 + 2): 5,500 Line 4 (In year, did I take a distribution from traditional, SEP, or SIMPLE IRAs, or make a Roth IRA conversion): BLANK Line 5 (Subtract 4 from 3): 5,500 Li...
by Duckie
Fri Jun 16, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for late 40's couple with high savings rate
Replies: 12
Views: 1824

Re: Advice for late 40's couple with high savings rate

For the 2015 and 2016 tax years, I put 11k in my (traditional IRA) even though I am over the income limit and so it came out of post tax money. It suddenly dawned on me that this is what the backdoor is for - I can take that 11k, convert it to a Roth, and now in the latter the money will grow tax-f...
by Duckie
Fri Jun 16, 2017 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: 401k mix investments
Replies: 7
Views: 479

Re: 401k mix investments

I just started a new job and have to pick my 401k investment options and haven't determined the best course of action. <snip> The other options are as follows Without knowing your plan expense ratios, the following appear to be the best/cheapest options: ⋅ BLACKROCK LRG CP US EQ IN NL F -...
by Duckie
Fri Jun 16, 2017 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice to get on track
Replies: 5
Views: 539

Re: Seeking Advice to get on track

So based on your recommendation, i should look to use the funds in the taxable accounts for the allocation towards Total US stock/Total international stock index funds. is there any suggestions on whether i should use ETFs in this account or stick to the corresponding mutual funds ? i did reading o...
by Duckie
Fri Jun 16, 2017 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice to get on track
Replies: 5
Views: 539

Re: Seeking Advice to get on track

Any recommendation on what I should do in the Taxable accounts ? as I understand, the bond fund recommendations should be held in the Tax-advantaged/deferred accounts .. .so should I keep the taxable account for Large Cap index fund only in my case ? The best options in a taxable account are a tota...
by Duckie
Thu Jun 15, 2017 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: 23YO newbie looking for some help from the experienced!!
Replies: 8
Views: 660

Re: 23YO newbie looking for some help from the experienced!!

I have a 457 deferred compensation at 12% contribution. My investments as of right now are setup at; ( I noticed here on this site that many people have some investment international up to 20% which i don't have) Equity Index Fund 10% Mid-Cap Equity Index Fund 50% Small-Cap Equity Fund 40% This is ...
by Duckie
Thu Jun 15, 2017 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice to get on track
Replies: 5
Views: 539

Re: Seeking Advice to get on track

AdviseSHS , welcome to the forum. Desired Asset Allocation: 90% equities/10% bonds (for now, I am ok with the higher risk for my age group). I plan to move to a more conservative allocation as I get closer to 50. That's aggressive for your ages. Desired International allocation: 20% but I am open t...
by Duckie
Thu Jun 15, 2017 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Moving a Roth IRA from Betterment to Vanguard?
Replies: 6
Views: 530

Re: Moving a Roth IRA from Betterment to Vanguard?

I guess one last question while I'm at it: if I plan to get into taxable investments down the line, is there something I can read up on to educate myself on the details? I'm more wondering what concepts I should familiarize myself with like placement. Any good reads to start with? If you're getting...
by Duckie
Thu Jun 15, 2017 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Newly minted military doc seeking help
Replies: 13
Views: 1276

Re: Newly minted military doc seeking help

What is the difference between the Roth TSP option and a Roth IRA? I've read that the Roth TSP option has a higher contribution limit than a Roth IRA, but does this come at the expense of limiting traditional TSP contributions? What are the relative pros and cons of both? Thank you again. Here are ...
by Duckie
Thu Jun 15, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Walk me through a backdoor Roth?
Replies: 42
Views: 1836

Re: Walk me through a backdoor Roth?

By the way if I contribute 4% and employer contributes 2%, for this example say that works out to $4,000 and $2,000, does this mean I have used up $6,000 of my $18,000 contribution limit or have I only used up $4,000 i.e. can contribute another $14,000? The employer match is not part of the $18K em...
by Duckie
Wed Jun 14, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Figuring out an HSA Investment
Replies: 7
Views: 649

Re: Figuring out an HSA Investment

It likely wouldn't make sense to ask y'all to tell me what to invest in, but perhaps you can help me figure out how to decide what to invest in. There are many options and I may not fully understand the risks or benefits of what I'm selecting. It's just like picking funds in your 401k or IRA. You l...
by Duckie
Tue Jun 13, 2017 2:18 pm
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 3010

Re: Got a parking ticket - what to do?

What should I do? Ignore it? Write a letter explaining that the meter maid needs to get her eyes checked? The City of New Rochelle has an online parking ticket payment system . You can look up the ticket and see exactly what vehicle license information is there. If it's not your license, ignore it.
by Duckie
Tue Jun 13, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio initial setup help
Replies: 6
Views: 591

Re: Portfolio initial setup help

Why not portfolio #2 with ETF's until I can afford admiral shares? Lower expense ratio and no minimums? any other downsides besides manual dividend reinvestment? I don't deal with ETFs so I don't know all their ins and outs, but at this stage of your investing they'll work fine. curious- If my desi...
by Duckie
Mon Jun 12, 2017 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice please
Replies: 3
Views: 489

Re: Portfolio advice please

Sorry for the confusion. She has 4 separate retirement accounts: - (current) 457, which we can make changes to. - (current) pension, which I don't think we can access or make any changes to - (old) pension, which we can make changes to - (old) Roth IRA, which I'd like to transfer. You listed four f...
by Duckie
Sun Jun 11, 2017 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice please
Replies: 3
Views: 489

Re: Portfolio advice please

professional_artist , welcome to the forum. Tax Rate: 17% Federal, 5% State That's your effective rate. What are the tax brackets? 25% and 9.3%? Desired Asset allocation: 45% stocks / 35% int’l stocks / 20% bonds (this is the result of Vanguard’s calculator, open to any suggestions) At your ages I'...
by Duckie
Fri Jun 09, 2017 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Employer changing retirement "Record Keeper?"
Replies: 7
Views: 741

Re: Employer changing retirement "Record Keeper?"

What exactly is a "record keeper" and how is that different from a plan provider such as VG or TC? 401(k) Recordkeeper: What they do and what to look for And if the "record keeper" changes, what does that mean for employees? The most obvious difference is that your plan website ...
by Duckie
Fri Jun 09, 2017 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio initial setup help
Replies: 6
Views: 591

Re: Portfolio initial setup help

arf00121 , welcome to the forum. How should I allocate the funds in the traditional IRA? The traditional IRA is rollover from old employer 401K. I believe from the Boglehead wiki that I should not contribute to this so I can keep track of the money that was from the 401k. Should all all this money ...
by Duckie
Fri Jun 09, 2017 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Investment crossroads, which path to pick....please critique.
Replies: 11
Views: 1516

Re: Investment crossroads, which path to pick....please critique.

Tub84 , welcome to the forum. With the above information, which of the following scenarios makes more sense? 1.) Keep current assets invested as they are and put the new 500k into CD ladder, I-Bonds, and FI to create a secured social security bridge from 57 to 70. Or, 2.) No changes to Roth. Add th...
by Duckie
Tue Jun 06, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 31
Views: 2015

Re: Investment Advice

From gross $202,000 less $36,000 less $8,000 for tax free insurance (est.) less $5000 mortgage interest (est.), comes to $153,000, well under the MFJ $184,000 limit. That $184K limit is MAGI which is before any deductions/exemptions on the second page of the 1040 form. cgolightly , since you have n...
by Duckie
Tue Jun 06, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Evaluation
Replies: 4
Views: 691

Re: Portfolio Evaluation

If I "Exchange" VTSAX for VFIAX (within the IRA), do I need to worry about paying capital gains tax, or any other tax consequences? No. Selling or exchanging inside an IRA triggers no taxes. The expense ratio for VEXMX seems high. Do you think it is worth the extra diversification? You co...
by Duckie
Mon Jun 05, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Evaluation
Replies: 4
Views: 691

Re: Portfolio Evaluation

If VBIIX will be held long term, is it better to switch to a long term bond fund? (e.g., switch to VBLTX) No. No matter your personal holding period, long-term bonds are riskier than intermediate-term bonds. Is there any benefit to holding just VTWSX (total world stock), rather than splitting betwe...
by Duckie
Sun Jun 04, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 31
Views: 2015

Re: Investment Advice

To my understanding there are hundreds of funds. I started trying to find the individual expense ratios but with hundreds or even thousands of funds to choose from I realized that might literally take months of full-time work to get all of the important information on each option so I've held off f...
by Duckie
Sun Jun 04, 2017 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 31
Views: 2015

Re: Investment Advice

Ok wow, I checked into the options on my wife's 403b and they are numerous! I asked the representative from Texas Infinite Wealth Planners and he said there are hundreds, if not thousands, to choose from. Hundreds of 403b providers or hundreds of funds? Can you just give a list of providers? What a...
by Duckie
Sat Jun 03, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on our Global Bond Fund performance
Replies: 3
Views: 379

Re: Need advice on our Global Bond Fund performance

Is this worth holding? Or am I better off finding something else to use in our 401k Brokerage account? If you want 30% of your bonds in international, this is a good fund. The BlackRock U.S. Debt Index follows the same AGG index that Vanguard Total Bond Index follows. So it's the same as 70% TBM an...
by Duckie
Fri Jun 02, 2017 3:55 pm
Forum: Personal Consumer Issues
Topic: Medi-Cal (for CA) equivalent in Texas
Replies: 5
Views: 600

Re: Medi-Cal (for CA) equivalent in Texas

FB01 wrote:California has Medi-Cal which provides free Medical to Senior Citizens with GC and low income. Does Texas has similar thing?

Texas has Medicaid.
by Duckie
Fri Jun 02, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Getting Portfolio Back On Track
Replies: 5
Views: 637

Re: Getting Portfolio Back On Track

I understand the advantage of configuring my AA across my portfolio instead of in each account. But wouldn't this strategy result in more drift away from my AA? <snip> Is this to be expected and the yearly rebalancing meant to bring AA into alignment again? Yes, your AA will drift and yes, you will...
by Duckie
Thu Jun 01, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Question re Expense Ratios (Pro-ration)
Replies: 1
Views: 119

Re: Question re Expense Ratios (Pro-ration)

polarcup85 , welcome to the forum. Will the annual expense fee get pro-rated if I sell out of the fund? A fund's expense ratio is its daily operating costs, expressed an an annual percentage of average net assets. (And the annual expense ratio is the previous year's costs.) Whatever your fund's cos...
by Duckie
Thu Jun 01, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Accidental Contribution to IRA
Replies: 7
Views: 566

Re: Accidental Contribution to IRA

Deleted, incorrect answer.
by Duckie
Thu Jun 01, 2017 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 5
Views: 581

Re: Portfolio Advice

What if I went with the following mix for our 401k's Her 401k: 30% VBTIX Vanguard Total Bond Market Index I (.04) 17% SWPPX Schwab S&P 500 index (.03) His 401k: 14% RERGX American Funds Europacific – R6 (.50) 39% VINIX Vanguard Institutional Index (.04) That would work. You could also add VSCIX...
by Duckie
Wed May 31, 2017 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 5
Views: 581

Re: Portfolio Advice

I am thinking about moving my balances into the following investments. Both plan's have a simple re-balancing tool. Is there any reason not to use it to move the current $ into these investments and then adjust my future contributions accordingly? His 401K VINIX Vanguard Institutional Index (.04) R...
by Duckie
Wed May 31, 2017 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Roth contribution question
Replies: 3
Views: 468

Re: Roth contribution question

billfromct wrote:If a retirement plan is not offered, it is my understanding that there are no income restrictions to contribute to a Roth IRA.

An employer retirement plan affects whether or not a Traditional IRA contribution is deductible. But Roth IRA contributions do have income limits.
by Duckie
Wed May 31, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: First "Big Boy" Job - Retirement Investing Advice with an IRA and 457
Replies: 6
Views: 675

Re: First "Big Boy" Job - Retirement Investing Advice with an IRA and 457

Here is the investment selection for the 457, with the net expense ratios listed! Yikes! The best (best being relative) options are: ⋅ VT Vantagepoint Broad Market Index Fund - 0.95 -- Most US stocks ⋅ VT Vantagepoint Overseas Equity Index Fund - 1.05 -- Developed markets only &...
by Duckie
Wed May 31, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Another 3 fund question
Replies: 6
Views: 555

Re: Another 3 fund question

30k 401k investing 16% annually with 2% additional company match In dollars, how much is 16%? Are you maxing this account at $18K annually? If not, you could have more contributed to your 401k via payroll and use some of that $55K savings to live on. This would move money from taxable to tax-shelte...
by Duckie
Wed May 31, 2017 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Getting Portfolio Back On Track
Replies: 5
Views: 637

Re: Getting Portfolio Back On Track

johnnypn , welcome to the forum. Contributions: His: 401K: 18K/year + employer matches up to 7% contribution His: Vanguard tIRA: 5.5K/year His Taxable: approx. 20K/year Her 401k: 2400/year Her Roth IRA: 5.5K/year (will open) Are you sure you can deduct your TIRA contributions? If you can't, you sho...
by Duckie
Tue May 30, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - 403B
Replies: 2
Views: 233

Re: Asset Allocation - 403B

My question is, does my current asset allocation look okay?[\ <snip> My current allocations - 30% TIAA-CREF Bond Instl - TIBDX - .31% Expense Ratio 50% Vanguard 500 Index Admiral - VFIAX - .05% Expense Ratio 20% Vanguard Extended market Index Admiral - VEXAX - .09% Expense Ratio These look fine. I'...
by Duckie
Mon May 29, 2017 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: 529 QHEE question [Qualified Higher Education Expenses]
Replies: 2
Views: 335

Re: 529 QHEE question [Qualified Higher Education Expenses]

What is the allowed QHEE for these expenses? Is it $5000 (limited by CoA)? or is it $6000 ($4000 for room as actually charged by university) plus $2000 for board as limited by CoA figure? Or maybe it could be $6500 based on actual costs (i don't think this is allowed per Pub 970, see below.) I am n...
by Duckie
Mon May 29, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Accidental Contribution to IRA
Replies: 7
Views: 566

Re: Accidental Contribution to IRA

What are my options here? Can I send that money over to a Roth IRA at Vanguard instead? You have three options: ⋅ Have Vanguard "recharacterize" the TIRA contribution and earnings to a Roth IRA. You must be under the income limits for direct Roth IRA contributions. You'll have t...

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