Search found 1415 matches

by bdpb
Thu Dec 01, 2016 1:04 am
Forum: Investing - Help with Personal Investments
Topic: New Investor's Late to Retirement Portfolio Help
Replies: 15
Views: 939

Re: New Investor's Late to Retirement Portfolio Help

Debt: 15y Mortgage, 3.25% Bal $63k last pmt in 2025 Tax Filing: MFJ, Itemize, qualify for American Opp Tax Credit; Both contribute to IRAs on top of DH 401k Fed Tax Rate 15%, State: IL 5% Taxable at Vanguard Joint Brokerage $36,790 Her Taxable Trust- $159,300 Plan going forward is to max the 401k w...
by bdpb
Sun Nov 20, 2016 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Saving for home downpayment
Replies: 23
Views: 2877

Re: Saving for home downpayment

Hey all, I've gotten some great advice on retirement investing here over the last few years and now that it's all settled down I could use some recommendations on how best to approach an investment vehicle to hold home down payment savings, aka short-intermediate term investment vehicle. Here's wha...
by bdpb
Tue Nov 15, 2016 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds with high ER in 401(k)
Replies: 10
Views: 607

Re: Bonds with high ER in 401(k)

After switching to the self directive brokerage, I'll definitely be following up on all purchases/transactions (should only be 3 purchases since we'll be doing the 3 fund portfolio) and all fees - just in case. There's no need to purchase three funds in the brokerage account. Just purchase the bond...
by bdpb
Fri Nov 04, 2016 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance - Unhealthy
Replies: 28
Views: 3838

Re: Personal Finance - Unhealthy

I wouldn't put my plan into action until the divorce was finalized. I would take every extra dollar after minimum debt payments and stash it in my sock drawer. Then, follow White Coat Investors advice. I would also use any current Roth balance from previous contributions to pay down debt, too. You w...
by bdpb
Fri Nov 04, 2016 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Debt or Taxable Account - Advice Please
Replies: 13
Views: 1001

Re: Debt or Taxable Account - Advice Please

How is the business loan secured? Although it will cost a few more bucks in the long run, I'd be inclined to pay off the mortgage on my house before the business loan. If the business fails for some reason, you may be able to protect the equity in your house if you end up in some kind of bankruptcy....
by bdpb
Tue Nov 01, 2016 11:45 am
Forum: Personal Consumer Issues
Topic: New York Thanksgiving day parade suggestions
Replies: 7
Views: 780

New York Thanksgiving day parade suggestions

We will be in New York City over Thanksgiving and are considering attending the parade. I'm looking for ideas from those who have attended in the past that might help in making it a more positive experience. Currently, we will be staying north of the city. Here is what I think our options might be: ...
by bdpb
Sat Oct 29, 2016 11:05 am
Forum: Personal Finance (Not Investing)
Topic: 2017 ACA plan previews
Replies: 172
Views: 10972

Re: 2017 ACA plan previews

jjface wrote:The ACA is merely a tax on those with $25k+ to pay for those earning less than $25k. Disguised very well.


With the strategies executed around here, it looks more like a subsidy for the middle to upper middle class.
by bdpb
Thu Oct 27, 2016 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Simplification to Boglehead Style Investing
Replies: 6
Views: 815

Re: Portfolio Simplification to Boglehead Style Investing

Tax Filing Status: Married Filing Jointly Tax Rate: 25% Federal, 6.5% NY State, 3.7% PA State (receive credit for NY state tax) Household income ~$120K Gross (Wife is a domestic engineer a.k.a. stay at home mom) Current retirement assets Taxable 18.12% 3M (MMM) New annual Contributions $7200 his 40...
by bdpb
Mon Oct 17, 2016 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Variable annuity for kids
Replies: 15
Views: 1499

Re: Variable annuity for kids

(Stocks cannot win in a variable annuity, as the extra expenses of the variable annuity are more than the tax on qualified dividends.) I disagree. Run the numbers. The VA will work for stocks, even very tax-efficient stock index funds over a long enough time period. Vanguard Total Stock Market Admi...
by bdpb
Sat Sep 17, 2016 10:57 am
Forum: Investing - Theory, News & General
Topic: Pay mortgage down (PMI) or invest
Replies: 33
Views: 2029

Re: Pay mortgage down (PMI) or invest

Making normal payments the PMI is going to be around for about 5 years. Our budget is fairly tight but I could probably get that down to 3yrs or less with the extra money I could put towards it. We do like the home and plan to stay - no plans short or long to move right now. Both our cars are now p...
by bdpb
Wed Sep 07, 2016 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Input on Retirement Portfolio Changes
Replies: 5
Views: 630

Re: Seeking Input on Retirement Portfolio Changes

Hello Bogleheads, I am 69, widowed, retired, and fortunate enough to be able to cover my normal expenses from a combination of my own pension/Social Security and survivor benefits from my late husband. I have a good long-term care insurance policy as well as decent health insurance. I do intend to ...
by bdpb
Thu Aug 25, 2016 2:43 am
Forum: Investing - Help with Personal Investments
Topic: Financial Checkup 33 year old Fed
Replies: 14
Views: 1749

Re: Financial Checkup

Debt: Car 1: 11,500 @2% (I know I need to wipe out both loans quickly!) Debt Car 2: 17,100 @2% Income: 200k gross Tax Rate: 25% Federal, 4.75% State + 3.05 county = 7.8% Goals: My goals are as follows: 1. Save $20,000 for an emergency fund 2. Pay the $28,6000 in car debt (while completing goals 1 a...
by bdpb
Sun Aug 21, 2016 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Beginner Seeking Advice
Replies: 5
Views: 567

Re: Investing Beginner Seeking Advice

Debt: -Student loan $12300 at 10% - Not eligible for PSLF - paying this off is top priority currently -Student loan $137000 at 6.5% - Eligible for PSLF in 4 years -Car $15000 at 1.9% Tax Filing Status: MFJ Tax Rate: 35% Federal, 0% State Questions: 1. At our tax rate, IRA to backdoor Roth doesn't s...
by bdpb
Sun Aug 21, 2016 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2550

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

If you believe that SC has a higher expected return than LC, you could keep a lower overall stock position by keeping a higher SC allocation. For example, you could sell the LC(and maybe even add more SC), thus having a new higher SC AA and go to 45/55 AA overall. True, but keeping the higher perce...
by bdpb
Sat Aug 20, 2016 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?
Replies: 43
Views: 2550

Re: Asset Reallocation Dilemma: Can I Avoid the Tax Hit?

If you believe that SC has a higher expected return than LC, you could keep a lower overall stock position by keeping a higher SC allocation.

For example, you could sell the LC(and maybe even add more SC), thus having a new higher SC AA and go to 45/55 AA overall.
by bdpb
Fri Aug 19, 2016 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Just began my career and would love help investing!
Replies: 22
Views: 2266

Re: Just began my career and would love help investing!

Just doing some back of the envelope math here: $270k income less $36k 401k contributions times (1-50% taxes/FICA) is $117k after taxes and $106k after IRA contributions, which leaves you with almost $8.8k/month to spend, $11.3k after the in-laws contribution. Your estimate of 117k in taxes seems q...
by bdpb
Mon Aug 15, 2016 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Next steps for retirement
Replies: 10
Views: 1507

Re: Next steps for retirement

Wenonah, No, I would not pay off the mortgage since you may move in a couple years and your interest is probably front loaded on a conventional 15 year mortgage loan. You've already paid most of the cost of borrowing your lenders funds and most of your payment is going towards principle. Stay liqui...
by bdpb
Mon Aug 15, 2016 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Decide: Refi or Invest in 401K
Replies: 4
Views: 496

Re: Time to Decide: Refi or Invest in 401K

What's your state income tax rate?

If zero, I might lean toward refi. If 10%, I would probably lean toward more tax deductible savings and just pay down current mortgage with extra savings.
by bdpb
Mon Aug 15, 2016 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: Just began my career and would love help investing!
Replies: 22
Views: 2266

Re: Just began my career and would love help investing!

Debt: School (16k at 6.1% and 40k at 2-4%) Tax Filing Status: Married filing jointly Tax Rate: 33%, 10.3% 401K Her: 18k a year, TSP 100% G Fund (Government Securities), 58k 5% match 403B Mine: 18k a year, 100% Vanguard Target Retirement 2050, 1800 5% auto-contribution, 4% match 2. Should we be putt...
by bdpb
Tue Aug 09, 2016 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: How to deploy surplus of cash?
Replies: 3
Views: 985

Re: How to deploy surplus of cash?

-We've already maxed out our retirement accounts for this year (two 401k, two Roth, HSA) and hope to do so every year going forward. -All of our current investments are in tax advantaged accounts (roth, 401k, hsa) with nothing in a taxable account. Total ~200k Change future 401k contributions from ...
by bdpb
Sat Jul 30, 2016 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Pension funding ratio question
Replies: 5
Views: 433

Re: Pension funding ratio question

But you might want to consider moving out of the state once you retire, because the increased taxes that are inevitable might erode your pension as much as any modest cuts. Moving may not be necessary. Currently (which may also change because of the current shortfall), pension, IRA, 401k and SS inc...
by bdpb
Sun Jul 24, 2016 12:48 pm
Forum: Personal Consumer Issues
Topic: New car or not?
Replies: 43
Views: 3982

Re: New car or not?

If you have a Pharmacist's income I'd say just suck it up and buy a SUV or car with AWD. Peace of mind is worth something. If you are legitimately scared driving this car and you will be doing a lot of driving for work, at your income it's not worth any "savings" by driving the current ca...
by bdpb
Sat Jul 16, 2016 12:47 am
Forum: Investing - Help with Personal Investments
Topic: Help with Planning. Opportunities for extra cash to taxable investmens, rentals or mortgage.
Replies: 4
Views: 508

Re: Help with Planning. Opportunities for extra cash to taxable investmens, rentals or mortgage.

I would never buy a property to rent to someone else now so that I could live in it ten years from now. The property just won't be the same as today. I would also not want the hassle of being a landlord, especially long distance in another country. I wouldn't buy the property until I was planning to...
by bdpb
Thu Jul 14, 2016 2:49 am
Forum: Investing - Help with Personal Investments
Topic: Critique my investment plan
Replies: 18
Views: 1573

Re: Critique my investment plan

Thank you for valuable feedback. From what I understand, the most I can deduct from tax is 29K. 18K for 403b + 5.5K for an IRA if I start one and 5.5K for a spousal IRA. Unfortunately, based on my recent income, even if I can save that much, I will still not be able to make the 15% tax bracket by a...
by bdpb
Wed Jul 13, 2016 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Refinance, make bigger payments, invest in taxable, or do nothing?
Replies: 7
Views: 814

Re: Refinance, make bigger payments, invest in taxable, or do nothing?

Admiral wrote:EDIT: I have to say I am really on the fence about this. It's super cheap money, but I also feel like it's not hard to beat this interest rate by investing.

Do you own any bonds? If so, sell them because it's not hard to beat their return by investing in stocks.
by bdpb
Tue Jul 12, 2016 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my investment plan
Replies: 18
Views: 1573

Re: Critique my investment plan

What should be the highest priority then? Is this what I should do? 1. Max out 403b with 18K/year. 2. If 403b is maxed out, max out Roth IRA with 5.5K/year. 3. If Roth IRA is maxed out, put remainder savings in taxable account. Also, what is the advantage of funding 403b over Roth IRA, putting asid...
by bdpb
Wed Jul 06, 2016 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Questions on my portfolio and requesting advice!
Replies: 4
Views: 436

Re: Questions on my portfolio and requesting advice!

wikiradio wrote:Debt: No consumer debt; his student loan debt: ~70k @ 6.65%, hers: none

Assets: 150k fully paid home



Mortgage your house at around 3% tax deductible and pay off your student loan debt (probably partially or not deductible). Saves you an extra 2k to 3k per year.
by bdpb
Sat Jul 02, 2016 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Need help deciding!
Replies: 16
Views: 1043

Re: Need help deciding!

If you invested the $944 per month at 7% for 8 years you would end up with 120k (instead of 137k) and your dad would have his mortgage paid off. He wouldn't have to worry about you stopping payment for any reason (like disability, job loss or a falling out in your relationship). I would not mix this...
by bdpb
Wed Jun 15, 2016 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Plan
Replies: 4
Views: 528

Re: 529 Plan

Looks like you should make a contribution of up to 16k this year in Missouri. The state tax rate in IL is currently 3.75%. Looks like it's 6% in MO. In IL, you have to contribute to the IL 529 plan to get the IL state tax break. Since IL 529 direct investment includes low cost index funds, I would m...
by bdpb
Tue Jun 07, 2016 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: New Member - Investment Allocation Advice Requested
Replies: 5
Views: 632

Re: New Member - Investment Allocation Advice Requested

You want to hold tax efficient funds only in your taxable account. That is, Total US index and Total Intl index. Sell everything else. Keep SP500 but don't add to it or reinvest dividends. Use the proceeds (about 30% of 400k = 120k) from above to pay off all your school debts (6.8%, 6.55% and 3.4 va...
by bdpb
Tue Apr 12, 2016 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Retirment Account(s) Guidance
Replies: 14
Views: 1281

Re: Retirment Account(s) Guidance

Emergency funds: 3 months Debt: Mortgage: 205k @ 4.375%; Student Loans: 120k @ 6.5%; Car Loan: 25k @ 2.75% Tax Filing Status: Single Tax Rate: 28% Federal, 5.8% State Salary: 100k Contributions: Employer contributes 10% of salary into 403b monthly (~$1000/month) I contribute $300/month into Roth IR...
by bdpb
Wed Mar 23, 2016 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: 403b options... what should i Pick
Replies: 20
Views: 1064

Re: 403b options... what should i Pick

I was thinking of doing 80/20 of stocks/bonds Skip the bonds.You will only be investing about 23.5k per year for a few years so you won't really have all that much at risk in the short term. In five years you will be investing 50k to 100k per year, it will overwhelm what you'll already have investe...
by bdpb
Mon Mar 14, 2016 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement planning / portfolio help
Replies: 7
Views: 1123

Re: Retirement planning / portfolio help

carlos2 wrote:I could go with VTIAX in the Roth and VGTSX in the Traditional. That would put about 30.5% of my stocks in international.

Roth IRA
VASGX 0.15% --> VTIAX 0.12%

Traditional IRA
VTSMX 0.17% --> VGTSX 0.19%

Looks like a good choice, to me.
by bdpb
Fri Mar 11, 2016 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement planning / portfolio help
Replies: 7
Views: 1123

Re: Retirement planning / portfolio help

Where is your International stock?

You should have between 20% to 40% of your stock in Intl. That would be 18% to 36% of your total portfolio. Use Vanguard Total Intl Stock Market Index in your tIRA or Roth.
by bdpb
Thu Mar 10, 2016 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Free File - College Student with $400 investment income
Replies: 16
Views: 1133

Re: IRS Free File - College Student with $400 investment income

2. I had another student who used the IRS Free File, and chose Turbo Tax, and had both W-2 and small 1099 income from another job. She told me that Turbotax kept insisting that she needed to use a paid version so she could do a schedule C -- for about $800 in income with no associated expenses. (Sh...
by bdpb
Thu Mar 10, 2016 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Internal Job Offer Negotiations
Replies: 12
Views: 2355

Re: Internal Job Offer Negotiations

In my specific situation, I recently just got my yearly bump at higher than average (6%). Am I wrong to think this should be independent of any potential upcoming offer as this should be reflective for last year's performance? Often times when you're on the road to promotion, previous years raises ...
by bdpb
Thu Mar 10, 2016 12:33 am
Forum: Personal Finance (Not Investing)
Topic: IRS Free File - College Student with $400 investment income
Replies: 16
Views: 1133

Re: IRS Free File - College Student with $400 investment income

Go here: https://www.irs.gov/uac/Free-File:-Do-Your-Federal-Taxes-for-Free and click on "Start Free File Now" which goes here: https://apps.irs.gov/app/freeFile/jsp/index.jsp I used TurboTax ® All Free(℠) to help mother, brother and college student efile fed and state for free. Allows view...
by bdpb
Wed Mar 02, 2016 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback and Analysis Appreciated
Replies: 5
Views: 592

Re: Feedback and Analysis Appreciated

We do max out our Roth IRAs each year, partly with the RMDs. I do have access to a 457 plan, but we don't have much extra room in our income currently. Interesting take on selling taxable to pay off the mortgage early. I know our rate isn't ideal and it would feel amazing to be done with it, but I ...
by bdpb
Tue Mar 01, 2016 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback and Analysis Appreciated
Replies: 5
Views: 592

Re: Feedback and Analysis Appreciated

Debt: Mortgage - ~150k @ 4.375% Student Loan - ~10k @ 3.2% Tax Filing Status: Married Filing Jointly Tax Rate: 15% Federal, ~5% State Taxable -41% VTSAX Vanguard Total Stock Market- 28% VTIAX Vanguard Total International - 13% Traditional IRA - 1.5% VTSAX Vanguard Total Stock Market- 1.5% Roth IRA ...
by bdpb
Sun Feb 28, 2016 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 6
Views: 840

Re: Portfolio Advice

Just want to bump this up to see if I should pay off the car or use it to help build credit for my wife/me. My wife has zero credit history. Should i wait another 6 months before I pay it off. We have had it for about 6 months now. I think I have everything else handled. I don't think paying it off...
by bdpb
Sun Feb 28, 2016 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Revamping portfolio after marriage; figuring out what to sell to fund grad school
Replies: 2
Views: 385

Re: Revamping portfolio after marriage; figuring out what to sell to fund grad school

1. Sell these mostly in the following order: His Taxable at Schwab 8.1% Vanguard Total Bond (VBMFX) ER 0.2 (small gains here) - tax inefficient and small gains 7.6% Vanguard GMNA (VFIIX) ER 0.21 (small gains here) - tax inefficient and small gains 9.7% Vanguard PRIMECAP (VPCCX) ER 0.47 (moderate-big...
by bdpb
Sat Feb 27, 2016 1:35 am
Forum: Personal Consumer Issues
Topic: Time To Quit My Job?
Replies: 53
Views: 5170

Re: Time To Quit My Job?

At 24, I wouldn't pass up this kind of income for this much work. Imagine if you were working only 40 hours a week and working on a Master's or Doctorate, too. It would be much more than what you're working now. Have you tried to ask the company you work for to reduce some of your travel time? How a...
by bdpb
Sat Feb 27, 2016 1:09 am
Forum: Investing - Help with Personal Investments
Topic: Roth, Traditional, and the 15% Tax Bracket
Replies: 70
Views: 6859

Re: Roth, Traditional, and the 15% Tax Bracket

Thanks to FiveK for your persistence. Unfortunately, there seems to be a blind spot on this topic for many Bogleheads. Every so often we have a never ending thread on this topic and there is usually one or two persons supporting your position. Eventually, those folks supporting your position get bur...
by bdpb
Sat Feb 27, 2016 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Retirement planning / portfolio help
Replies: 7
Views: 1123

Re: Retirement planning / portfolio help

1) Are my funds below in the best accounts to be the most tax efficient? 2) Do I have "good coverage" of the market? I read terms like "small cap" "mid cap" but don't know what they mean. 3) Do I need international funds in my portfolio? If so, why? 4) Is Traditional I...
by bdpb
Sat Feb 27, 2016 12:37 am
Forum: Investing - Help with Personal Investments
Topic: Play nice with Betterment (pre- vs post-tax, etc.)
Replies: 6
Views: 891

Re: Play nice with Betterment (pre- vs post-tax, etc.)

Are you really in the 28% fed tax bracket? That would imply gross income over 190k.

If so, you should be contributing the max to both your 401k and her 403b as well as max to both Roth IRA.
by bdpb
Wed Feb 24, 2016 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 6
Views: 840

Re: Portfolio Advice

Don't buy individual stocks. Their return is not worth their risk. Buy Total US and International market Index funds. You are in a relatively high federal tax bracket and very high state tax bracket. Max out your deductible 401k accounts before taxable investing. You can contribute up to 5500 each t...
by bdpb
Sun Feb 14, 2016 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Request for portfolio review - how to allocate new money?
Replies: 7
Views: 1049

Re: Request for portfolio review - how to allocate new money?

I'm looking to simplify my portfolio if possible. My questions are - 1) How should I allocate new money going forward to stay in line with my desired allocation? and 2) What, if any, rebalancing should I do now? Thanks. Desired Asset allocation: 20% large cap, 20% small/mid cap, 30% international, ...
by bdpb
Sun Feb 14, 2016 12:08 am
Forum: Investing - Help with Personal Investments
Topic: Request for portfolio review - how to allocate new money?
Replies: 7
Views: 1049

Re: Request for portfolio review - how to allocate new money?

I have been selling off the MegaCorp stock periodically but that's how I receive my 401k match so there will always be new contributions. If I sell that, where would I allocate the proceeds? I've been thinking that about STAR and Healthcare but they're both down from when I purchased. Should I go a...
by bdpb
Sat Feb 13, 2016 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Portfolio (Re)allocation
Replies: 10
Views: 1128

Re: Help with Portfolio (Re)allocation

Duckie has given you excellent advice. I'd suggest a few minor different options to ponder. I would split my taxable into Total US and Total Intl. It gives more opportunities for TLH. I wouldn't use the SP600 and SP400 in the 403b for US mid/small cap. Instead, I would use the Extended market in his...
by bdpb
Sat Feb 13, 2016 12:07 am
Forum: Investing - Help with Personal Investments
Topic: Help with buying back in after broker transition to Vanguard
Replies: 14
Views: 1283

Re: Help with buying back in after broker transition to Vanguard

Choose your AA or how much you want in stocks and either dollar cost average or value average over some predetermined time period. Make those decisions now and make the investments mechanical without allowing behavioral aspects to take over. Do not try to time the market. It will only cause doubt an...

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