Search found 843 matches

by Silk McCue
Tue May 22, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 401 k fund without dividend
Replies: 3
Views: 138

Re: Vanguard 401 k fund without dividend

Welcome to Bogleheads.

This topic is covered in the link below. I found it by using the search box at the top right of the page. I hope this helps.

viewtopic.php?t=145160#p2160918

Cheers
by Silk McCue
Tue May 22, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: iORP: plan for future of the software (?)
Replies: 3
Views: 320

Re: iORP: plan for future of the software (?)

This is the 1987th individual post to reference "ORP" iORP since Oct 2011. Not massive but respectable. I too believe that there are many here that use it but that there is only so much that needs to be posted about it these days except to recommend to others and discuss the occasional changes. It w...
by Silk McCue
Tue May 22, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 417
Views: 20100

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Once again, we are talking about multi-generational chickens which are not yet born but we have started counting theirs eggs today! OP is 32 years old today. All this discussion is completely insane. It may or may not be insane but you have posted 48 times on this thread. I am up to 10 with this on...
by Silk McCue
Tue May 22, 2018 6:52 am
Forum: Personal Finance (Not Investing)
Topic: How do I tell if Roth conversions are worth the trouble?
Replies: 40
Views: 2699

Re: How do I tell if Roth conversions are worth the trouble?

Horsefly, the online tool ORP provides a methodology to analyze this question. Please see https://www.i-orp.com/InfezMsg/extended.html Funny, I was just trying to use iORP again today. When I put in my numbers and selected the 24% tax bracket, it errored out. The error was "model x will not solve, ...
by Silk McCue
Mon May 21, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Savings Account emptied out!
Replies: 51
Views: 6469

Re: Chase Savings Account emptied out!

I don't understand why banks don't send you an email that says "Please log in to confirm/deny new electronic transfer" when an ACH request comes in from a new source. Because the financial world would come to a stop. Literally tens if not hundreds of millions of transactions every day. Cheers Actua...
by Silk McCue
Mon May 21, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Savings Account emptied out!
Replies: 51
Views: 6469

Re: Chase Savings Account emptied out!

arf30 wrote:
Mon May 21, 2018 3:39 pm
I don't understand why banks don't send you an email that says "Please log in to confirm/deny new electronic transfer" when an ACH request comes in from a new source.
Because the financial world would come to a stop. Literally tens if not hundreds of millions of transactions every day.

Cheers
by Silk McCue
Mon May 21, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: Typical interest rate earned by target date funds in retirement?
Replies: 20
Views: 1376

Re: Typical interest rate earned by target date funds in retirement?

Thanks Silk. Very helpful. It says 5.32% from the beginning. I guess that is typical of Target Dates? No. I wouldn't say that it is typical of Target Dates. It is precisely what this fund has done and represents the 30/70 allocation THE ENTIRE TIME. It is the most conservative fund and over time wo...
by Silk McCue
Mon May 21, 2018 3:03 pm
Forum: Investing - Theory, News & General
Topic: Typical interest rate earned by target date funds in retirement?
Replies: 20
Views: 1376

Re: Typical interest rate earned by target date funds in retirement?

Thanks Silk. Very helpful. It says 5.32% from the beginning. I guess that is typical of Target Dates? No. I wouldn't say that it is typical of Target Dates. It is precisely what this fund has done and represents the 30/70 allocation THE ENTIRE TIME. It is the most conservative fund and over time wo...
by Silk McCue
Mon May 21, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: Typical interest rate earned by target date funds in retirement?
Replies: 20
Views: 1376

Re: Typical interest rate earned by target date funds in retirement?

For Vanguard Target Date funds all eventually glide path to a 30% stock 70% bond allocation 7 years after their Target date. Thus TD 2015 will have that allocation in 2022. The link below provides details on the Target Retirement Income fund including multi year period average returns that matches t...
by Silk McCue
Mon May 21, 2018 12:49 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 417
Views: 20100

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

If you'll be in the same tax bracket during retirement as when you were working, Roth conversions are unlikely to result in tax savings. This will not hold true if any of your Social Security income gets taxed and you could have avoided that by using Roth dollars rather than tax deferred dollars. A...
by Silk McCue
Mon May 21, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 417
Views: 20100

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

If you'll be in the same tax bracket during retirement as when you were working, Roth conversions are unlikely to result in tax savings. This will not hold true if any of your Social Security income gets taxed and you could have avoided that by using Roth dollars rather than tax deferred dollars. A...
by Silk McCue
Mon May 21, 2018 7:42 am
Forum: Personal Consumer Issues
Topic: Older iPhone text msgs disappear
Replies: 25
Views: 1046

Re: Older iPhone text msgs disappear

Apple cannot get this to work, either, and the Genius Bar (who have rescued DH's laptops from a variety of seemingly serious problems) says they've never seen this before not being able to work right. Apple hardware, Apple software - Local Genius bar not being able to resolve this "never seen befor...
by Silk McCue
Mon May 21, 2018 6:33 am
Forum: Investing - Help with Personal Investments
Topic: Same funds within IRA and Taxable
Replies: 26
Views: 1633

Re: Same funds within IRA and Taxable

I think I’ll go ahead and change my Roth to 80%-Vanguard SP500 (VFIAX) and 20%-Vanguard Extended Market Index Fund (VEXMX). Just to avoid any potential wash sales in the future. You should do as you please but doing this is called "Letting the tail wag the dog". If sometime in the future you want t...
by Silk McCue
Sun May 20, 2018 9:04 pm
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 85
Views: 8451

Re: done with Gmail

ThriftyPhD wrote:
Sun May 20, 2018 8:47 pm
What does 'recover' or 'clear' mean. Hard to recommend alternatives without knowing what specifically with Gmail doesn't work for you.
+1

Please explain what you mean. I have used Gmail for years without issue.

Cheers
by Silk McCue
Sun May 20, 2018 7:33 pm
Forum: Investing - Theory, News & General
Topic: Roll your own index fund current viability
Replies: 22
Views: 1377

Re: Roll your own index fund current viability

Welcome to the forum. The greatest pitfall is gaining little to negative advantage by designing an unnecessarily complex investing approach. Bogleheads are focused on low expense broadly diverse investing primarily using index funds. If you haven’t already done so click on Start Here on the main pag...
by Silk McCue
Sun May 20, 2018 7:18 pm
Forum: Investing - Theory, News & General
Topic: CDs in Vanguard IRA
Replies: 2
Views: 391

Re: CDs in Vanguard IRA

If you are rolling over your 401k to an IRA you can buy brokered CDs within the IRA.

Cheers
by Silk McCue
Sat May 19, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 417
Views: 20100

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

So far every hypothetical example of a Roth being better has mentioned pensions. Do people still have pensions? I feel like this is an increasingly irrelevant thing that is muddying up discussions. Yes. There are many people that still have pensions but certainly fewer than in the past. Very large ...
by Silk McCue
Sat May 19, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 417
Views: 20100

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

ruralavalon wrote:
Sat May 19, 2018 8:50 pm
However there are Required Minimum Distributions for Roth 401ks.
Of course no taxes will be due on those RMDs.

Or, it could be rolled into a Roth IRA and no RMDs would be required.

Cheers
by Silk McCue
Sat May 19, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: Discontinuity and marginal vs effective rates
Replies: 39
Views: 1643

Re: Discontinuity and marginal vs effective rates

Don't confuse by adding COLA etc to the mix. Let us stay with today's numbers rather than trying to project further and show how 40%+ marginal tax rate is suffered by today Mr&Mrs RetiredCouple on their 2018 taxes. By jumping the numbers by $10K, I am just not seeing it at all. And if you talking a...
by Silk McCue
Sat May 19, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: Discontinuity and marginal vs effective rates
Replies: 39
Views: 1643

Re: Discontinuity and marginal vs effective rates

In the real situation of the SS tax hump, take this example: - Annual expenses correspond to income that puts one at the end of the hump. - The width of the hump is $7500, and starts at $X. One might choose to stagger tIRA withdrawals this way: Odd years: Withdraw enough so income is $X + $15000 Ev...
by Silk McCue
Sat May 19, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: Discontinuity and marginal vs effective rates
Replies: 39
Views: 1643

Re: Discontinuity and marginal vs effective rates

Please tell me the numbers that I need to run to exhibit the 40% marginal rate. With our COLA'd pension and 72k combined SS (many years away) we are projected to easily walk into the 40.7 Hump if we do nothing. Can you give me the pension number? I will add that to my spreadsheet to see if I see th...
by Silk McCue
Sat May 19, 2018 5:01 pm
Forum: Investing - Theory, News & General
Topic: Discontinuity and marginal vs effective rates
Replies: 39
Views: 1643

Re: Discontinuity and marginal vs effective rates

For SS hump some literature claims that marginal tax can be as high as 46.25% I fired up the 1040 tax spreadsheet from BH toolbox (Thanks!!) I ran numbers for MFJ and kept ss payment at $45K and moved taxable IRA (aka converting to Roth) from $1K to $100K I never ran in to the so called 46% margina...
by Silk McCue
Sat May 19, 2018 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Faulty mortgage math
Replies: 2
Views: 414

Re: Faulty mortgage math

I know I must be screwing something up here and I am hoping someone can point it out to me. I am looking to refinance a mortgage, balance 1,570,000. I am planning on spending 10,500/month on mortgage payments. Option 1: 3.75% 10 year ARM financing 1,258,600 of total (monthly payment 5,829) 5.49% 15...
by Silk McCue
Sat May 19, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Entry-level employment affected by having no credit score?
Replies: 2
Views: 326

Re: Entry-level employment affected by having no credit score?

Bad credit can absolutely hurt in certain circumstances. No credit should not be a problem. Best to analyze all other factors.

Cheers
by Silk McCue
Sat May 19, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: Discontinuity and marginal vs effective rates
Replies: 39
Views: 1643

Re: Discontinuity and marginal vs effective rates

The aim of this topic is to get KF and FiveK in to discussion about difference between local maxima and global maxima and how it artificially skews the marginal vs effective tax rate calculation. Personally, being able to guess if one would in that hump a decade from now just seems rather stupid gi...
by Silk McCue
Sat May 19, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: Discontinuity and marginal vs effective rates
Replies: 39
Views: 1643

Re: Discontinuity and marginal vs effective rates

My favorite case is the so called social security hump case. I believe it could be shown that the higher marginal rate in that particular case is because of the temporary nature of having the discount in the first place. Calling having only 85% of your Social Security income taxed as opposed to 100...
by Silk McCue
Sat May 19, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 58
Views: 8697

Re: The Millionaire Next Door and civil servants

"It seems Thomas Stanley does not think of federal employees as doing well financially." The book wasn't about how to get a job with a pension and live happily ever after. I expect the definition of a Millionaire in these books was not based upon the future value of a pension payout when it was writ...
by Silk McCue
Sat May 19, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: Hardwood around the perimeter but plywood under the rug
Replies: 12
Views: 1187

Re: Hardwood around the perimeter but plywood under the rug

The plywood isn't original (because it wasn't available when the house was built), so somewhere along the line someone wanted carpet (with a wood border) and decided this was the cheapest way to get what they wanted, so no red flags. You won't get the fairy tale story of "we just ripped up the carp...
by Silk McCue
Sat May 19, 2018 7:34 am
Forum: Personal Consumer Issues
Topic: Hardwood around the perimeter but plywood under the rug
Replies: 12
Views: 1187

Re: Hardwood around the perimeter but plywood under the rug

Thank you. What did you search? I tried a lot of different queries and had no luck. I searched “hardwood perimeter with plywood in centrer” a slight modification of your post title. I got lucky. By fat fingering center as centrer Google changed that to centre which actually provided the hit. The pr...
by Silk McCue
Sat May 19, 2018 6:08 am
Forum: Personal Consumer Issues
Topic: Hardwood around the perimeter but plywood under the rug
Replies: 12
Views: 1187

Re: Hardwood around the perimeter but plywood under the rug

I searched and found the link bellow to a question about a very similar situation. This is one of the answers provided. It's probably pine or fir in the middle of those nice skinny tongue and groove flooring. That was common when carpeting was popular for the center of the room, because no thrifty b...
by Silk McCue
Fri May 18, 2018 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion
Replies: 5
Views: 708

Re: Roth Conversion

Thanks for the great response Duckie. Silk, not sure I'm getting what you're getting at. Could you elaborate a little bit? My 401k is just about maxed for the year, hers still has some room. If you can increase your tax deferred contribution to the 401k this year by the amount of the gain in the no...
by Silk McCue
Fri May 18, 2018 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Finding Rates for Inflation Indexed Annuities
Replies: 3
Views: 316

Re: Finding Rates for Inflation Indexed Annuities

A few more details will be helpful. Is there an annual COLA for the quoted payout? If so, what is it? How old are each of you now? If you aren't already 62 will the 30k be adjusted up until you reach that age. Is the 30k per year level through death of the 2nd to die or is it reduced to some other a...
by Silk McCue
Fri May 18, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 417
Views: 20100

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

It is thus incorrect to assume future traditional contributions can use those lower brackets. Are you sure you really mean that? I believe the poster was talking about future distributions. Why would anybody be talking about future using lower brackets? Wrongfunds. I notice that all/most of your qu...
by Silk McCue
Fri May 18, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 417
Views: 20100

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

I haven't had a chance to read the entire thread yet, but I would think the really wise folks are going Roth because it provides for the most room for tax sheltered money. Specifically, there is no doubt at all that 18,500 in a Roth is worth more than 18,500 in a traditional. I think that "really w...
by Silk McCue
Fri May 18, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Partial Roth conversions--okay to withdraw them?
Replies: 4
Views: 444

Re: Partial Roth conversions--okay to withdraw them?

From another post I find that you have a pension that provides some level of support in addition to your taxable account between now and 70. Having converted to Roth I would not be inclined as a first choice to pull from the Roth account while continuing to do conversions as that seems counter prod...
by Silk McCue
Fri May 18, 2018 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Where to aggressively put 60k after 401k and Roth ? Family of 3
Replies: 2
Views: 250

Re: Where to aggressively put 60k after 401k and Roth ? Family of 3

7 Contribute to non-deductible IRAs (may be better than taxable in certain circumstances) or annuities. - no idea if I should/can do this? Since you contribute to a Roth you can't additionally contribute to a non-deductible IRA. In regards to annuities, this would not be appropriate for your circum...
by Silk McCue
Fri May 18, 2018 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Are there any experienced real-estate people here?
Replies: 37
Views: 2925

Re: Are there any experienced real-estate people here?

I wouldn’t bother, there’s going to be absestos, lead paint and mold. You’re in the Seattle market there’s already a line of buyers that will overbid and waive contingencies. I sold my a property in Kitsap county for more than I expected without fixing it up. The new buyer is going to want to add t...
by Silk McCue
Fri May 18, 2018 6:36 am
Forum: Personal Finance (Not Investing)
Topic: Partial Roth conversions--okay to withdraw them?
Replies: 4
Views: 444

Re: Partial Roth conversions--okay to withdraw them?

Although it is true that no one knows the future we absolutely should plan using the best information we have. If you can convert to Roth now at 22% to avoid what you believe will be 28% in 9 years when you begin taking RMDs that is very reasonable. My wife and I are under 60 and are already convert...
by Silk McCue
Fri May 18, 2018 5:22 am
Forum: Personal Finance (Not Investing)
Topic: Buying land in central FL
Replies: 55
Views: 5134

Re: Buying land in central FL

Sorry but it appears to me that your have the “hots” for this property and are willfully ignoring the feedback from a number of folks that live here. There is nothing magical nor special about this “rare opportunity”. You are being sold by a very slick marketing campaign with drone footage, carefull...
by Silk McCue
Thu May 17, 2018 7:15 pm
Forum: Personal Consumer Issues
Topic: HV Landscaping Electrical Wiring
Replies: 7
Views: 499

Re: HV Landscaping Electrical Wiring

It’s a horrible idea.
by Silk McCue
Thu May 17, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: "Patient paid amount" for month of death in nursing home?
Replies: 33
Views: 3758

Re: "Patient paid amount" for month of death in nursing home?

Unbelievable. I would definitely reply to this email refuting their claim that you said you would pay. It’s a pain but you want to be on record for everything. I would consider telling them that if they continue to misrepresent your position that you will engage a lawyer to hold them responsible for...
by Silk McCue
Thu May 17, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: more rotten service from Vanguard [ACH transfer, fund availability]
Replies: 26
Views: 3089

Re: more rotten service from Vanguard

Not good on having to go through voice recognition again. Did you ask why? If believe if you have VG pull the funds from the bank for a purchase they will execute as if the funds are available but won’t let a trade happen after that for 3 days until it lands. Why ACH to rather than have VG pull? Che...
by Silk McCue
Thu May 17, 2018 3:12 pm
Forum: Investing - Theory, News & General
Topic: In plan Roth conversion and RMDs
Replies: 6
Views: 538

Re: In plan Roth conversion and RMDs

Your description is correct. There will of course be taxes due as well at conversion regardless of where it is done.

Cheers
by Silk McCue
Thu May 17, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Long term investment in grains/wheat
Replies: 22
Views: 1303

Re: Long term investment in grains/wheat

This may help.

https://finance.zacks.com/invest-wheat- ... -1816.html

On a lighter note:

I would do wheat conversions to bread and eat the gains. Conversion of raw milk to butter would sweeten the returns.

Cheers
by Silk McCue
Thu May 17, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Buying land in central FL
Replies: 55
Views: 5134

Re: Buying land in central FL

These are small ponds/lakes and and may be only a few feet deep. Certainly not someplace you would run a boat in to fish. But sufficient for skeeters and gators, right? ;) Where are the hills? Looks pretty flat to me. Absolutely sufficient skeeters, gators and moccasins. There actually is a bit of ...
by Silk McCue
Thu May 17, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Buying land in central FL
Replies: 55
Views: 5134

Re: Buying land in central FL

These are small ponds/lakes and and may be only a few feet deep. Certainly not someplace you would run a boat in to fish. These pictures may have been taken at a time when the water is high and may be this way right now. At other times they drop way down and not look nearly as nice. The lakes you se...
by Silk McCue
Thu May 17, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 417
Views: 20100

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

For those that have a decent pension and social security this would not be true. In this case it is all about the marginal rate on each additional dollar taken from tax deferred. I think most of us here are familiar with the Social Security Hump which can cause each additional dollar withdrawn when...
by Silk McCue
Thu May 17, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 417
Views: 20100

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Also keep in mind that it's your effective tax rate that matters when you withdraw. When you save it's the marginal rate. When I contribute to my 401K, it reduces my taxable income--thus I'm taking money "off the top" in terms of income. Whatever bracket I'm in, I'm getting a deduction at my margin...
by Silk McCue
Thu May 17, 2018 7:28 am
Forum: Investing - Theory, News & General
Topic: Vanguard Stocks for Employees?
Replies: 2
Views: 476

Re: Vanguard Stocks for Employees?

The information you reference is under "Investment Stewardship" and is referring to the oversight of companies that Vanguard invests in through the funds it offers. It isn't speaking of Vanguard stock because there is no such thing. Vanguard is a permanent holder of stock, and large one at that. Van...
by Silk McCue
Wed May 16, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 417
Views: 20100

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement

I'm just trying to open up the conversation with scenarios. Personally I will have 15-20 years to convert our 401ks so I think we might come out ahead, but it will be pretty tight. With 15-20 years to convert you may very well benefit by converting heavily one bracket higher early in that process t...