Search found 15 matches

by Pilgrim211
Sat Feb 10, 2018 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) vs Taxable Account
Replies: 14
Views: 1498

Re: 403(b) vs Taxable Account

I expect my capital gains rate to remain at 0% for 2018, and quite likely for the next several years if I continue this path through at least 59 1/2. At that point I will need to decide whether it's worth it to take any in-service distributions in order to move 403b funds into IRA (either traditiona...
by Pilgrim211
Sat Feb 10, 2018 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) vs Taxable Account
Replies: 14
Views: 1498

Re: 403(b) vs Taxable Account

CyclingDuo, At this point the RMD from Inherited IRA is small enough it partially funds my Roth IRA, so I took that in January, and fully funded the Roth. (I'd like to gain full advantage of any time in the Roth possible. The future is hard to predict, and I felt like I was behind.) Since it seems t...
by Pilgrim211
Sat Feb 10, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: 403(b) vs Taxable Account
Replies: 14
Views: 1498

Re: 403(b) vs Taxable Account

The market roller coaster these past few days seems a fairly new thing for me, though I realize it's far more normal than the past year and a half. I'd never really paid much attention when all investments were in workplace retirement accounts with retirement on what felt like a distant horizon. I h...
by Pilgrim211
Tue Jan 30, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone use Personal Capital, Mint, Tiller, or You Need a Budget?
Replies: 38
Views: 3408

Re: Does anyone use Personal Capital, Mint, Tiller, or You Need a Budget?

I use YNAB Classic, which was a one time purchase and has no monthly subscription. Not sure if it's still available though. I stick with it simply because I prefer manual entry for security and personal accountability. Something about inputting transactions, it helps to keep me on track.
by Pilgrim211
Wed Dec 13, 2017 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Looking ahead to 2018
Replies: 7
Views: 1364

Re: Looking ahead to 2018

I was trying to sort it out in my mind, but might be confused. If I press pause, rather than move funds the first week of January, then if there's a correction I'd have room to take a loss in taxable, then fund Roth while funds are down ("on sale"). However, as I was researching, it seems I would ha...
by Pilgrim211
Wed Dec 13, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Looking ahead to 2018
Replies: 7
Views: 1364

Re: Looking ahead to 2018

Of course I'd not claim to know the when, which is why I said "waiting up to a few months..." (Now if I knew the when for sure, I'm guessing I could make some good money!) :D I thought of setting a limit, perhaps end of first quarter, or by the time taxes are filed, act if there had been no correcti...
by Pilgrim211
Wed Dec 13, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Looking ahead to 2018
Replies: 7
Views: 1364

Looking ahead to 2018

I'm debating on plans for a 2018 Roth contribution. We've had a good year, and I'll be required to take an RMD from an inherited traditional IRA next year. Uncle Sam will get his share, of course, then I've thought about immediately using the balance toward funding the Roth for 2018, investing immed...
by Pilgrim211
Mon Aug 21, 2017 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 18106

Re: Lost $7000 today in ONE DAY!

Thanks, Fallible, for your kind words. Yes, I have written an IPS - at least an initial one, knowing it may change over time as I learn. Just thought I'd share the simple thing that helps me with a one-day loss of several thousand dollars. If compared to what I earned that day, it will scare me into...
by Pilgrim211
Sun Aug 20, 2017 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 18106

Re: Lost $7000 today in ONE DAY!

I still consider myself a newbie to investing. I by nature tend to look at detail, and knew that could lead to disaster with investing. I could quickly fall into a market-timing pitfall and drive myself nutty. I needed to quickly sort out how to respond when potentially faced with "losses" or "gains...
by Pilgrim211
Mon Jul 17, 2017 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Planning ahead
Replies: 4
Views: 613

Re: Planning ahead

Thanks for the input. Dan, I found that article helpful, it addressed some of my concerns. I was surprised that some suggested that high a ratio (40-50%) for a taxable account, yet it sure gives me something to consider. HouseBlend, you have hit on some of my concern...am I being too aggressive in t...
by Pilgrim211
Sun Jul 16, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Planning ahead
Replies: 4
Views: 613

Planning ahead

Are there general guidelines on how to plan ahead for tax-efficiency in the withdrawal phase? I'm trying to wrap my mind around multiple income streams in the future. Here's where I am now: single, 15% marginal tax rate (with headroom in that bracket for now), employed and in my mid-fifties. I've be...
by Pilgrim211
Tue Apr 04, 2017 5:37 am
Forum: Investing - Help with Personal Investments
Topic: 403(b) vs Taxable Account
Replies: 14
Views: 1498

Re: 403(b) vs Taxable Account

I wonder if you aren’t overthinking this. We don’t know what the future holds as far as tax rates, IRS regulations or the markets. It would seem to be ideal to have many different sources of retirement funds: a taxable account, a Roth IRA account and a traditional IRA (or 403b). Add in the increasi...
by Pilgrim211
Mon Apr 03, 2017 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) vs Taxable Account
Replies: 14
Views: 1498

Re: 403(b) vs Taxable Account

Thanks for your responses. You've given me some good things to think about. Krow36 commented, "... it’s hard to know if it would be a good idea to sell some of it to supplement your living expenses so that you could max out your 403b account. In general, I think it’s a good idea, but I’ll leave it t...
by Pilgrim211
Sun Apr 02, 2017 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) vs Taxable Account
Replies: 14
Views: 1498

Re: 403(b) vs Taxable Account

Thanks for your quick response, krow36. I have a slight hesitation with using the taxable account to facilitate maxing 403(b), and am trying to sort it out in my mind. Am I, in effect, setting myself up to pay extra income tax since the Taxable has the taxes already paid for most of it (other than 2...
by Pilgrim211
Sun Apr 02, 2017 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) vs Taxable Account
Replies: 14
Views: 1498

403(b) vs Taxable Account

Hi there, I’m new to the forum, and would like to ask a “what-if” question. I have seen that you like a good snapshot of current state before answering so here goes. A little background. Although I’ve had few thousand invested in a Roth IRA and in a traditional IRA, I’ve not contributed anything for...