Search found 236 matches

by bb
Sun May 08, 2016 1:12 pm
Forum: Investing - Theory, News & General
Topic: Got a Question for Jack Bogle? Post it Here.
Replies: 64
Views: 6783

Re: Got a Question for Jack Bogle? Post it Here.

Where are answers to questions posted?
by bb
Fri Apr 22, 2016 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: withdrawing money from 401k plan at 55
Replies: 3
Views: 580

withdrawing money from 401k plan at 55

I was wondering if all 401k plans allow you to leave employment at 55 and
take distributions penalty free? My plan document doesn't mention being
able to do that. Are the rules governing this set by the plan or IRS?
by bb
Sat Feb 13, 2016 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: deducting government obligation income from NYS income tax
Replies: 13
Views: 593

Re: deducting government obligation income from NYS income tax

Thanks for help. Would be nice if when you called the tax department ....
by bb
Fri Feb 12, 2016 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: deducting government obligation income from NYS income tax
Replies: 13
Views: 593

Re: deducting government obligation income from NYS income tax

Hodor wrote:Bond interest payments are not qualified dividends and are taxed at your ordinary interest rate. Only qualified dividends from US and some foreign stocks are taxed at the capital gains rate.


I didn't say they were qualified dividends but they do appear on the 1099-DIV as dividends.
by bb
Fri Feb 12, 2016 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: deducting government obligation income from NYS income tax
Replies: 13
Views: 593

Re: deducting government obligation income from NYS income tax

S-121 Certain investment income from U.S. government agencies Enter any interest or dividend income on bonds or securities of any U.S. authority, commission, or instrumentality that is exempt from state income taxes under federal laws (but included in federal income). https://www.tax.ny.gov/pdf/cur...
by bb
Fri Feb 12, 2016 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: deducting government obligation income from NYS income tax
Replies: 13
Views: 593

Re: deducting government obligation income from NYS income tax

(Certainly not trying to argue - still a question) Line 28 of IT-201 is Interest Income on US government bonds If you go under the instructions for Line 28 it says: Did you include interest income from U.S. government bonds or other U.S. government obligations on lines 2, 6, or 11? If No, go to line...
by bb
Fri Feb 12, 2016 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: deducting government obligation income from NYS income tax
Replies: 13
Views: 593

Re: deducting government obligation income from NYS income tax

So would you have to also move that income on the federal 1040 from from dividends to income? Obviously that would not be a favorable thing to do as you would pay federal income tax rates on that money vs capital gains and dividends rate? Issue is NYS says only include income from line 2 - interest ...
by bb
Fri Feb 12, 2016 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: deducting government obligation income from NYS income tax
Replies: 13
Views: 593

deducting government obligation income from NYS income tax

I hold vanguard intermediate term bond index in a taxable account. Fund holds >50% assets with US government obligations. The income is reported as ordinary dividends (1099-DIV). According to NYS income from US government bonds can be deducted but only if it is reported as interest income - not divi...
by bb
Fri Jan 22, 2016 10:38 am
Forum: Personal Finance (Not Investing)
Topic: 401k plans that penalize in service withdrawals of after tax money
Replies: 10
Views: 437

Re: 401k plans that penalize in service withdrawals of after tax money

No - not talking hardship withdrawal.

After tax contributions mean after you have either contributed the max annual contribution to
401k/roth 401k and put extra money in it goes to regular 401k.
by bb
Fri Jan 22, 2016 9:57 am
Forum: Personal Finance (Not Investing)
Topic: 401k plans that penalize in service withdrawals of after tax money
Replies: 10
Views: 437

401k plans that penalize in service withdrawals of after tax money

Current and former company penalize in service withdrawals of after tax money in the 401k plan (which has to be contributed to the traditional 401k) - believe it is 6 month suspension from plan participation and company match. (Q1) Any theory on why some companies do and some companies do not penali...
by bb
Sat Dec 12, 2015 11:47 pm
Forum: Personal Consumer Issues
Topic: Where to Rent a Honda Accord
Replies: 25
Views: 2431

Re: Where to Rent a Honda Accord

Just go on a bunch of test drives - could do several at each Honda dealership.
After 10-20 test drives I think you will know if you want the car or not.
by bb
Fri Nov 20, 2015 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: High Earner Careers?
Replies: 254
Views: 29732

Re: High Earner Careers?

"I would guess total compensation of 160-180k is median in the bay area ..."


Ahh - am I the only one that does not consider median salary in the Bay Area the
median salary for software development - or anything else? The OP was not
about salaries in the Bay Area.
by bb
Mon Nov 16, 2015 11:06 am
Forum: Personal Finance (Not Investing)
Topic: taxable account vs roth 401k
Replies: 7
Views: 754

Re: taxable account vs roth 401k

I was under the impression that distributions from a roth 401k would not affect AGI? Does it really affect AGI and is the answer different between a Roth 401k and a Roth IRA? I assume money in a Roth 401k could be moved to a Roth IRA if there was any benefit to that.
by bb
Mon Nov 16, 2015 8:28 am
Forum: Personal Finance (Not Investing)
Topic: taxable account vs roth 401k
Replies: 7
Views: 754

Re: taxable account vs roth 401k

I thought about this a little more and I guess it comes down to is having the extra deferral space offered by roth 401k (converting after tax traditional 401k to roth 401k) worth giving up flexibility in terms of early retirement of a taxable account. I realize the money can be rolled into a roth ir...
by bb
Mon Nov 16, 2015 7:38 am
Forum: Personal Finance (Not Investing)
Topic: High Earner Careers?
Replies: 254
Views: 29732

Re: High Earner Careers?

so if we define "mid level" as "the average at top tech companies in a high COL area" I guess the rest of the country is just fly-over country. But yes - a legitimate answer - but lots of caveats that should be mentioned. As has already been mentioned it is like asking what you ...
by bb
Sun Nov 15, 2015 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: High Earner Careers?
Replies: 254
Views: 29732

Re: High Earner Careers?

Realizing this thread has been somewhat high jacked - does anyone care to hazard a guess on what % of software developers in the US are making $250-$300k ? I am not talking about what google is paying, or facebook - what is the median salary, what salary puts you in the top 25%. If I was looking at ...
by bb
Sun Nov 15, 2015 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: taxable account vs roth 401k
Replies: 7
Views: 754

taxable account vs roth 401k

After maxing traditional 401k IRS limits would it be better to contribute to a 401k after tax that could be converted to roth 401k (in plan conversion) or keep the money in a taxable account? My employer's plan allows for in-plan roth 401k conversions. Withdrawal of after tax contributions results i...
by bb
Sun Nov 15, 2015 11:37 am
Forum: Personal Finance (Not Investing)
Topic: High Earner Careers?
Replies: 254
Views: 29732

Re: High Earner Careers?

I guess it's fine to say some software developers/engineers are making $300K but what is being left out is all the caveats. When someone asks what jobs are people making $300K I think the caveats need to be mentioned - what is the median. If all we are talking about is the top 10% then it should be ...
by bb
Sat Nov 14, 2015 10:28 am
Forum: Personal Finance (Not Investing)
Topic: High Earner Careers?
Replies: 254
Views: 29732

Re: High Earner Careers?

I don't think $300K in engineering after 10 years is
a realistic expectation. I would be interested in
data on what % of engineers make that kind
of money - at 10 years and at any age.
by bb
Fri Mar 06, 2015 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8970

Re: Does My Daughter Need A Prenup?

I am sure someone with way more knowledge than me will post
but I think answer depends on state you live in with regards to
how property is divided. Believe in some states trust can
be used to segregate property.
by bb
Wed Mar 04, 2015 10:13 pm
Forum: Personal Consumer Issues
Topic: Honda fit vs VW GTI
Replies: 54
Views: 6439

Re: Honda fit vs VW GTI

I absolutely loved the GTI.

I bought a camry.
by bb
Sat Feb 21, 2015 12:51 pm
Forum: Forum Issues and Administration
Topic: question on doing forum search
Replies: 2
Views: 671

Re: question on doing forum search

I guess :

search term site:bogleheads.org

Does work. Any idea why the difference?
by bb
Sat Feb 21, 2015 12:49 pm
Forum: Forum Issues and Administration
Topic: question on doing forum search
Replies: 2
Views: 671

question on doing forum search

So I used to go to google and do a search:

search term site:www.diehards.org

And now when I do that I get a message about connection being untrusted
(I use firefox).

Any idea why?

Yes I know I can do a search from the forum but old habit from google
by bb
Sun Jan 11, 2015 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire early? 38 y/o
Replies: 89
Views: 12806

Re: Can I retire early? 38 y/o

OP should look at 2% SWR *or less*. 60 years is a very long time to live off a lump sum of capital. Remembering OP won't even get full Social Security? Victoria If the road you are going down is to follow the path of a perpetual portfolio why not just say that? What's the difference between the mon...
by bb
Sat Jan 10, 2015 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire early? 38 y/o
Replies: 89
Views: 12806

Re: Can I retire early? 38 y/o

Seems like the potential responses are going to depend on a couple of basic assumptions: - to what extent is spending flexible - is it ok to spend down principle Is a 50 year retirement automatically in the perpetual portfolio category where as a 30 year retirement is not? There is uncertainty in re...
by bb
Thu Jan 01, 2015 9:59 pm
Forum: Personal Consumer Issues
Topic: Test drive new vehicle without sales pressure?
Replies: 60
Views: 6576

Re: Test drive new vehicle without sales pressure?

Things seem very different in my area. Could test drive any car and
did so for multiple cars / multiple times per car. Test drove cars
at most of the major brands - never had any issues. Also never
wanted sales person along for test drive - that was generally
not an issue either.
by bb
Sat Dec 20, 2014 4:07 pm
Forum: Personal Consumer Issues
Topic: WHY is retirement enjoyable / something to look forward to?
Replies: 237
Views: 22631

Re: WHY is retirement enjoyable / something to look forward

I think it is relevant to ask what % of people would continue to work / stay in their
current job if they were financially independent. My guess the percentage would
not be very high.
by bb
Tue Dec 02, 2014 10:41 pm
Forum: Personal Consumer Issues
Topic: Which degree makes more sense for a late starter
Replies: 54
Views: 4580

Re: Which degree makes more sense for a late starter

I am suprised no one mentioned sales. Presumably could lead to higher salary with no
additional credentials required.
by bb
Sat Nov 29, 2014 10:30 am
Forum: Personal Finance (Not Investing)
Topic: early retirement - financial flexibility
Replies: 8
Views: 2347

Re: early retirement - financial flexibility

any other thoughts from people with similar concerns?
by bb
Sat Nov 29, 2014 10:30 am
Forum: Investing - Help with Personal Investments
Topic: "In-Plan" Roth 401(k) conversion complex tax question
Replies: 14
Views: 1721

Re: "In-Plan" Roth 401(k) conversion complex tax question

Realize thread is old by my questions relate to info in thread - seemed like it made sense to continue the conversation. Should have said: (Q2) So if you convert deductible traditional ira to roth ira that money would be considered taxable conversion money and if you converted after tax traditional ...
by bb
Sat Nov 29, 2014 9:30 am
Forum: Investing - Help with Personal Investments
Topic: After Tax 401k contribution rollover to Roth 401k?
Replies: 32
Views: 2213

Re: After Tax 401k contribution rollover to Roth 401k?

I was under the impression that you could roll-over after tax money to a roth ira
and the earnings to a traditional ira:

http://www.forbes.com/sites/ashleaebeling/2014/09/19/irs-issues-401k-after-tax-rollover-rules/
by bb
Sat Nov 29, 2014 7:43 am
Forum: Investing - Help with Personal Investments
Topic: "In-Plan" Roth 401(k) conversion complex tax question
Replies: 14
Views: 1721

Re: "In-Plan" Roth 401(k) conversion complex tax question

Just want to make sure I understand this: (Q1) Taxable roth ira conversions are any money that when converted was taxable? (Q2) So if you convert traditional ira to roth ira that money would be considered taxable conversion money and if you converted after tax traditional ira/ after tax 401k / roth ...
by bb
Fri Nov 28, 2014 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: early retirement - financial flexibility
Replies: 8
Views: 2347

Re: financial flexibility - early retirement

My understanding is roth ira conversions require a 5 year holding period. For the case of forced early retirement seems like the 5 year holding period to avoid penalties would be fairly inflexible. So I guess I am asking the original question for both the case of voluntary and involuntary early reti...
by bb
Fri Nov 28, 2014 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: early retirement - financial flexibility
Replies: 8
Views: 2347

early retirement - financial flexibility

I contribute to employer 401k. Have the option of roth 401k and after tax contributions to 401k. I have a concern about financial flexibility in the event of voluntary/forced early retirement where access to retirement accounts is restrictive before age 55 for company plan and 59 1/2 for non-company...
by bb
Tue Aug 26, 2014 9:59 pm
Forum: Personal Consumer Issues
Topic: Any experience with LifeSpan TR800 DT5 Treadmill Desk?
Replies: 12
Views: 1203

Re: Any experience with LifeSpan TR800 DT5 Treadmill Desk?

I am waiting for them to come out and say gravity is the real problem - must hang
upside down to counteract the affects.
by bb
Sun Aug 10, 2014 9:00 am
Forum: Personal Finance (Not Investing)
Topic: That sudden moment when Money is not a Problem
Replies: 33
Views: 7424

Re: That sudden moment when Money is not a Problem

It would be interesting to know the percentage of bogleheads that have
high savings rates simply because they don't want a lot of stuff. In those
cases the struggle between saving/spending presumably is less.
by bb
Fri Jul 25, 2014 7:31 am
Forum: Personal Consumer Issues
Topic: Buying a car- 2011 Lexus IS 250 9k miles
Replies: 27
Views: 2554

Re: Buying a car- 2011 Lexus IS 250 9k miles

Think you could get a base camry for around 20k. You could get a loaded
camry w/6 cyl for same price as lexus and you would get a 3 year
warranty. Would not buy lexus because I can get it for 27k -
would buy lexus if I really wanted a lexus - you didn't state
that
by bb
Sat Jul 19, 2014 10:17 am
Forum: Personal Consumer Issues
Topic: The ultimate Boglehead exercise
Replies: 30
Views: 4246

Re: The ultimate Boglehead exercise

squash - 1 hr and you are exhausted
by bb
Sun Jul 06, 2014 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Easy careers to last me to retirement?
Replies: 141
Views: 18946

Re: Easy careers to last me to retirement?

I never got the impression there were a lot of drifters on this board.
by bb
Mon Jun 02, 2014 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: SEP IRA for Real Estate LLC
Replies: 9
Views: 683

Re: SEP IRA for Real Estate LLC

I was under the impression that it is very desirable to put real estate in an LLC
to limit personal liability.

Are you saying that it is not? Are you arguing that direct ownership is preferable?
What about lawsuits?
by bb
Mon May 19, 2014 7:56 pm
Forum: Investing - Theory, News & General
Topic: Private NNN RIET
Replies: 21
Views: 1428

Re: Private NNN RIET

How confident are you that the credit worthiness of the tenants would equate to an aggregate bond rating
of BB. Quick look at the fund info says tenants are credit worthy but not credit rated.
by bb
Mon May 19, 2014 8:25 am
Forum: Investing - Theory, News & General
Topic: Private NNN RIET
Replies: 21
Views: 1428

Re: Private NNN RIET

Curious what you think of this author's prospective on private REITs:

http://www.marketwatch.com/story/non-traded-reit-is-a-non-starter-2011-11-04

Certianly seems to make some valid points.
by bb
Sun May 18, 2014 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: car rebate - based on who's zip code?
Replies: 6
Views: 799

Re: car rebate - based on who's zip code?

None of these dealers are metro dealers. Simply going to toyota.com,
clicking on local specials, putting in 2 different zip codes and getting
2 different rebates. Both areas are smaller towns.
by bb
Sun May 18, 2014 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: car rebate - based on who's zip code?
Replies: 6
Views: 799

car rebate - based on who's zip code?

Was told by one dealer manufacturers rebate is based on the zip code
of the buyers address and was told by another it is based on zip code
of dealer.

Which is it?

Just over border from me rebate is more than the rebate for my dealer/home
address zip code.
by bb
Sun May 18, 2014 1:12 pm
Forum: Investing - Theory, News & General
Topic: What If You Don't Have Financial Goals or Known Liabilities?
Replies: 17
Views: 1190

Re: What If You Don't Have Financial Goals or Known Liabilit

Seems not having a goal is less of an issue if you are naturally a saver.
Then mentally take whatever risk you are comfortable with. If
the goal isn't really going to change anything then what difference
does it make.
by bb
Thu Apr 24, 2014 6:53 am
Forum: Investing - Theory, News & General
Topic: Early retirement with only a 401k
Replies: 6
Views: 1270

Re: Early retirement with only a 401k

IRS rule 72(t) - series of substantially equal payments

Not sure how many people are actually doing this in practice - don't see it discussed much.
by bb
Tue Apr 22, 2014 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about retiring early - tell me what I've missed
Replies: 42
Views: 6382

Re: Thinking about retiring early - tell me what I've missed

Is the $600k windfall from the sale of the house? If you are already at 2.1M why sale of house only leave you with $2.0M liquid? Assume by liquid you mean taxable account? Does this imply you have a tax deferred account? I don't think it is clear what your presumed withdrawal rate is factoring in ta...
by bb
Fri Apr 04, 2014 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Liability Matching Portfoloio
Replies: 36
Views: 4303

Re: Liability Matching Portfoloio

Bill, Would be interested in your thoughts on three fund portfolio at say a 2 to 2.5% withdrawal rate. Sounds as if you still feel there is a qualitative difference between LMP vs traditional balanced portfolio approach. Assume you mentioned 1% withdrawal as acceptable because you have such a high c...
by bb
Sun Mar 30, 2014 9:10 pm
Forum: Investing - Theory, News & General
Topic: Really confused by Bernstein
Replies: 168
Views: 15704

Re: Really confused by Bernstein

The Retirement Calculator from Hell, Part III:

http://www.efficientfrontier.com/ef/901/hell3.htm

Thus, any estimate of long-term financial success greater than about 80% is meaningless.

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