Search found 5 matches

by NewlyMinted
Mon Jun 24, 2019 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 1807
Views: 544119

Re: Retiree Portfolio Model

Nice tool, I'm just learning how to use it, so please bear with me.

I noticed that if I change a value on the Setup tab, such as the size of the taxable account, that the Results Summary box on the top of the display update for the Current Results, but not for the three columns to the right of it, which include the two SS options and the Roth option. However, if I go to the Details tab, the size of the taxable account is updated. How can I get the Results Summary box to update?

Thanks in advance,
NM
by NewlyMinted
Wed Aug 09, 2017 8:18 pm
Forum: Personal Investments
Topic: TLH Partner?
Replies: 5
Views: 855

TLH Partner?

I recently sold some COLTX - Columbia Tax Exempt Fund for a loss, and bought some FSTFX - FIDELITY LIMITED TERM MUNI INCOME . It seems a bit late to ask :oops: , but hopefully this would not be considered a wash sale as far at Tax Lost Harvesting (TLH) is concerned. It seems like COLTX is a long term muni, and FSTFX a short term muni, so they are different. Just want to get some opinions on this, thanks.
by NewlyMinted
Thu Apr 20, 2017 9:18 pm
Forum: Personal Investments
Topic: Switched from Ameriprise to Fidelity, now what?
Replies: 4
Views: 1043

Re: Switched from Ameriprise to Fidelity, now what?

mhalley wrote:The wiki has all the info you need to know. Basically, you sell the fund with a loss in order to postpone taxes. The main thing is that you don't want to create a wash sale. Since you are going from an active fund to an index fund, that won't be a problem.

https://www.bogleheads.org/wiki/Tax_loss_harvesting

I see no reason to keep the Columbia funds. You will still have a lower er.
Thanks, good info, very detailed with good example Agree on ERs.
by NewlyMinted
Thu Apr 20, 2017 9:05 pm
Forum: Personal Investments
Topic: Switched from Ameriprise to Fidelity, now what?
Replies: 4
Views: 1043

Re: Switched from Ameriprise to Fidelity, now what?

Hi, your plan looked reasonable to me. Appreciated stocks can be donated to save some taxes. Fidelity has a donor advised fund suitable for charities that cannot accept appreciated stocks. You can spread out the selling of funds across multiple years to lessen the effect of realizing capital gains. I do see that your traditional 401k portion was significantly larger compared to the taxable portion. Maybe this is a time to stop contributing to traditional 401k unless there is company matching to be had. You can still contribute to Roth IRA if you are under the income limit. I think you can hold AQEAX for now, since it has the most capital gains. Wait for a recession to sell it. I believe my church will accept appreciated stocks, and we can ...
by NewlyMinted
Wed Apr 19, 2017 9:52 pm
Forum: Personal Investments
Topic: Switched from Ameriprise to Fidelity, now what?
Replies: 4
Views: 1043

Switched from Ameriprise to Fidelity, now what?

Better late than never, we finally transferred our Columbia funds from Ameriprise to Fidelity. Now we would like to transition to a 3-fund strategy, thanks to all the good advice on Bogleheads. We have some IRAs and TIAA-CREF and a 401K at work, which can also be re-allocated. I’ve been reading the wiki and forum posts, but a still pretty much a newbie. Emergency funds: approximately 6 months of expenses Debt: none, house paid off, worth about 250K Tax Filing Status: Married Filing Jointly Tax Rate: 25% Federal, 6% State Age: Him 56, Her 57 Desired Asset allocation: 65% stocks / 35% bonds (age - 20) Desired International allocation: 30% of stocks Pension available: 42K/year, no COLA, available when I retire, perhaps at 60 Income: 140K, DW a...