Search found 15 matches

by beanie
Wed Dec 06, 2017 1:55 am
Forum: Investing - Help with Personal Investments
Topic: Investing for long term care needs
Replies: 6
Views: 863

Re: Investing for long term care needs

Thanks for the replies. I did edit my post to answer some of your questions and to better focus my question. I see that some of the information I had included was extraneous to my main concern — which is how to invest this pool of money, given the inherent uncertainties of amount and timing of the e...
by beanie
Wed Dec 06, 2017 12:21 am
Forum: Investing - Help with Personal Investments
Topic: Making Best Use of Being in 15% Income Tax Bracket This Year
Replies: 22
Views: 3160

Re: Making Best Use of Being in 15% Income Tax Bracket This Year

If you think you are going to be in the 25% bracket next year and in the future, then realizing your capital gains this year saves you 15% (0% capital gains tax this year versus 15% future capital gains tax), and a Roth conversion saves you just 10% (15% ordinary income tax this year versus 25% futu...
by beanie
Tue Dec 05, 2017 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for long term care needs
Replies: 6
Views: 863

Investing for long term care needs

My spouse and I have set aside a bucket of assets for our potential long term care needs. I am reviewing how we have this money invested, and would like comments on my asset allocation. We are currently in good health, retired, ages 65 and 73. Our income fully covers our current core expenses. We ha...
by beanie
Mon Aug 21, 2017 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice on Simplifying Large Taxable Retirement Portfolio
Replies: 23
Views: 3108

Re: Seeking Advice on Simplifying Large Taxable Retirement Portfolio

3. Bonds I don't have much experience with bonds. Have you considered a bond ladder? You certainly have enough assets for this to make sense, although it's not for everyone. A ladder does require a different level of attention than a bond fund. But for starters TIPS and Treasury bonds are quite sim...
by beanie
Sat Aug 19, 2017 1:31 pm
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 74
Views: 9818

Re: IBonds: My worst bond investment over the last 5 years

1.42% doesn't seem like a bad return if you think of your ibonds as a cash substitute. Average five year money market returns were 0.08% (according to Vanguard, https://personal.vanguard.com/us/funds/ ... arkreturns).
by beanie
Sat Aug 19, 2017 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help me evaluate SPIA purchase
Replies: 12
Views: 1432

Re: Help me evaluate SPIA purchase

Ron, thanks, that's a helpful perspective. I see your point about waiting until my income need is more certain. But if I were you I would not regret that 2007 annuity purchase. I too purchased a SPIA in 2007 (needed the income then before spouse's pension kicked in). Now maybe my math is nerdy, but ...
by beanie
Sat Aug 19, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 74
Views: 9818

Re: IBonds: My worst bond investment over the last 5 years

If you have paper ibonds, you can can get the value on the Treasury Direct website here: https://www.treasurydirect.gov/BC/SBCPrice Otherwise you are presumably getting your values from your Treasury Direct account. A 0.7% return does seem rather low given recent ibond rates. How did you calculate it?
by beanie
Sat Aug 19, 2017 9:53 am
Forum: Investing - Help with Personal Investments
Topic: where do I put the proceeds of my house sale?
Replies: 13
Views: 2458

Re: where do I put the proceeds of my house sale?

I am not sure I understand what your goal is for the 350K house proceeds. You said you postponed any decisions two years ago, so are you now thinking of this as money set aside for eventual retirement? How far away is that? Or are you trying to preserve your house money for a nearer-term need? The b...
by beanie
Sat Aug 19, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Help me evaluate SPIA purchase
Replies: 12
Views: 1432

Re: Help me evaluate SPIA purchase

I don’t think a level payment SPIA makes sense for my situation. My need is higher with each passing year, and the higher inflation turns out to be, the higher my need is. I have other income today that will definitely decrease in value in the future, so the whole point of the SPIA is to provide inc...
by beanie
Fri Aug 18, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help me evaluate SPIA purchase
Replies: 12
Views: 1432

Help me evaluate SPIA purchase

I'm trying to decide whether to buy a single premium immediate annuity now or later. I could use some help on how to evaluate the timing decision. Is my math correct? Am I looking at the right factors? I want to buy a SPIA to insure against outliving my assets. I am currently retired. I am not conce...
by beanie
Sat Jun 18, 2016 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity advisory service fee issue
Replies: 39
Views: 3978

Re: Fidelity advisory service fee issue

I think you are unlikely to get the lower fee. Look at it from Fidelity's point of view. They make a bigger profit on the managed funds, which has allowed them to give you a discount on the advisory fee. If you cut the fund fees, they have less room to negotiate.
by beanie
Tue Jan 29, 2013 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct site issues
Replies: 3
Views: 538

Treasury Direct site issues

Did anybody else have trouble with Treasury Direct yesterday? I tried all day and could not get into the site -- anything at all starting with "treasurydirect.gov." I got various error messages: "servers over capacity", "the connection to the server was reset while the page was loading" or just endl...
by beanie
Wed Jan 06, 2010 11:01 pm
Forum: Investing - Theory, News & General
Topic: TIPS in taxable accounts vs. Roth
Replies: 14
Views: 2421

What kind of tax quirks? It's the "phantom income" problem. Held in a taxable account, the IRS will demand to be paid taxes on both the coupon payments and the principal adjustment. But since you don't actually receive the amount of the principal adjustment in the year in which it occurs (it's paid...
by beanie
Wed Jan 06, 2010 10:19 pm
Forum: Investing - Theory, News & General
Topic: TIPS in taxable accounts vs. Roth
Replies: 14
Views: 2421

Right now, TIPS are pretty tax efficient (low inflation and hence low taxable distributions). But if things were to stay like they are right now, there would be no need for TIPS. So I think TIPS need to be kept in a tax-advantaged account, because otherwise they will become very tax-inefficient rig...
by beanie
Tue Jan 05, 2010 1:45 pm
Forum: Investing - Theory, News & General
Topic: TIPS in taxable accounts vs. Roth
Replies: 14
Views: 2421

TIPS in taxable accounts vs. Roth

I have only Roth IRAs and taxable accounts (no traditional IRA). I think I am better off putting my TIPS in my taxable accounts and not in my Roth, using the Roth instead for stocks. Anyone care to disagree? I know there have been a zillion boglehead posts on TIPS asset location. I know that the sta...