Search found 66 matches

by carguy1993
Sat Oct 21, 2017 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Thinking of converting all my total us stock market funds to target date funds
Replies: 8
Views: 1342

Re: Thinking of converting all my total us stock market funds to target date funds

I have my target date fund in a taxable account only because when I retire I want to have tax free money. I know it contradicts popular opinion on here though.
by carguy1993
Wed Oct 18, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance for retirement
Replies: 15
Views: 1363

Re: Personal Finance for retirement

Thanks for the positive words guys! If I keep my savings rate at 20% throughout my whole career hopefully I will be fine. Things change. Ie. When I buy a house in the future, get married, have kids. Just gotta roll with the punches. Im on the assumption that people my age will only see 75% of social...
by carguy1993
Wed Oct 18, 2017 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance for retirement
Replies: 15
Views: 1363

Re: Personal Finance for retirement

I appreciate the input. I just started a 401k and my retirement account through vanguard is the target date 2050 which has the cash in. Im adding 550 a month and hopefully both that and my 401k will grow over the next few decades where I can retire in my 60s. I also want to enjoy life and every mome...
by carguy1993
Wed Oct 18, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance for retirement
Replies: 15
Views: 1363

Re: Personal Finance for retirement

Yeah but then you have to pay taxes on the money. Is that better off?
by carguy1993
Wed Oct 18, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance for retirement
Replies: 15
Views: 1363

Re: Personal Finance for retirement

I just started a 401k. I get a 3% match. I just dont want to run short.
by carguy1993
Wed Oct 18, 2017 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance for retirement
Replies: 15
Views: 1363

Personal Finance for retirement

So I put in a calculator on bankrate.com and with being 25 and 80k invested along with an additional $550 a month assuming a 5% return and after taxes it will leave me with about 920k when I am 63. That is after putting in an annual inflation of 3.1% would be equilivant to 278k in 2017 cash value. I...
by carguy1993
Sun Oct 08, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Taxes for taxable account
Replies: 12
Views: 1348

Re: Taxes for taxable account

I just started a 401k with 3% employer match. Only issue with not having a taxable account right now is where will I sit my cash. I have about 80k. Cant throw all of that into an IRA. And I wanted to invest and put my money to work and hopefully meet a benchmark 5% yearly return before inflation.
by carguy1993
Wed Oct 04, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Taxes for taxable account
Replies: 12
Views: 1348

Re: Taxes for taxable account

Right now I am at 90% stocks 10% bonds.
by carguy1993
Tue Oct 03, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Taxes for taxable account
Replies: 12
Views: 1348

Re: Taxes for taxable account

Then how do I make my Vanguard Target retirement account into tax advantaged account so it is more tax efficiently?
by carguy1993
Tue Oct 03, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Taxes for taxable account
Replies: 12
Views: 1348

Taxes for taxable account

I have the target retirement fund through Vanguard. Want to start preparing for taxes. Market appreciation, dividends, capital gains??? Are they all taxed as ordinary income for the 25% bracket for example? Or is the dividends and capital gains taxed at a reduced 15% bracket? Need help want to know ...
by carguy1993
Tue Sep 26, 2017 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Calculators
Replies: 18
Views: 2536

Re: Retirement Calculators

Thank you everyone. I appreciate the advice. You guys rock!
by carguy1993
Mon Sep 25, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Calculators
Replies: 18
Views: 2536

Re: Retirement Calculators

Im just hoping saving $500 a month will be good enough. I want to save for retirement but also not to forget to enjoy today as well.
by carguy1993
Mon Sep 25, 2017 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Calculators
Replies: 18
Views: 2536

Re: Retirement Calculators

Right now I use 5% before taxes. Then taxes I put in 22% between market gains at 25% and long term cap gains at 15% my calculator spit out 900k in 38 years.
by carguy1993
Mon Sep 25, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Calculators
Replies: 18
Views: 2536

Retirement Calculators

What should I put in as a conservative rate of return for investment return calculators? I currently am invested in Vanguard TR 2045 fund. My goal is to save $500 a month for the next 38 years until retirement. I just want to know if I am on the right track. 25 years old and 75k saved.
by carguy1993
Wed Aug 23, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Save on tight budget
Replies: 11
Views: 1130

Re: Save on tight budget

Hardwork pays off. I like to work hard but I have fatigue issues. I get too tired too quick but when I am on the clock I work hard. Sometimes to the point where once I get home I have no energy for anything besides laying down.
by carguy1993
Wed Aug 23, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Save on tight budget
Replies: 11
Views: 1130

Re: Save on tight budget

Wait you said don't? Oh crap. Lol just kidding. Yeah I appreciate the advice.
by carguy1993
Wed Aug 23, 2017 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Save on tight budget
Replies: 11
Views: 1130

Re: Save on tight budget

Thank you. I am looking at moving up where I work. I like working with my hands. And I work 15 minutes from home. If I gave up my car and biked Id save more but I like that luxary of a car.
by carguy1993
Wed Aug 23, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Save on tight budget
Replies: 11
Views: 1130

Save on tight budget

Hey. I have a job I enjoy. I live in MA and have a small income of close to 24k a year. After rent and other bills I find it difficult to save $500 a month. To be honest I can only save about $200-250 a month living frugally. I have no debt and am 25 years old. Will I be alright if I save and invest...
by carguy1993
Sat Jul 29, 2017 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate your retirement number
Replies: 95
Views: 9656

How to calculate your retirement number

Picking brains here. How do you guys calculate your retirement number?
by carguy1993
Sat Jul 15, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Stock Market Index
Replies: 7
Views: 10817

Vanguard Total Stock Market Index

I was looking at funds and technically since it is diverse in stocks would it be a reasonably safe fund to invest agressively for the next 30+ years?
by carguy1993
Sat Jul 15, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 32
Views: 4561

Re: Best way to build wealth

With low expense ratios I invest with Vanguard and just started 401k up to full employer match.
by carguy1993
Sat Jul 15, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 32
Views: 4561

Re: Best way to build wealth

Around $1200 a month I guess.
by carguy1993
Sat Jul 15, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 32
Views: 4561

Re: Best way to build wealth

What is my best way to build wealth on a 30k a year budget. With 6% going to 401k. And money going into a vanguard taxable account in a diversified fund that is allocated between 40/60 and 80/20. My risk tolerance depends on the diversity of the fund and how it will hold up in a bear market. Thank ...
by carguy1993
Sat Jul 15, 2017 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 32
Views: 4561

Re: Best way to build wealth

30k a year salary before taxes. And thank you!
by carguy1993
Sat Jul 15, 2017 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

I appreciate the advice guys. Looking to minimize risk but still get a decent return of about 5% before taxes. Looking either an index or a safer mutual fund. Something that will produce decently but hold its own in a bear market. Ie. Wellington or Weselley.
by carguy1993
Sat Jul 15, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 32
Views: 4561

Best way to build wealth

What is my best way to build wealth on a 30k a year budget. With 6% going to 401k. And money going into a vanguard taxable account in a diversified fund that is allocated between 40/60 and 80/20. My risk tolerance depends on the diversity of the fund and how it will hold up in a bear market. Thank y...
by carguy1993
Wed Jul 12, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: I am selling my wellington buying Total stock market and Total bond. Is this the best bond fund for a taxable account?
Replies: 34
Views: 3520

Re: I am selling my wellington buying Total stock market and Total bond. Is this the best bond fund for a taxable accoun

Thank you and does market gains count as qualified dividends? And I will never pay taxes on my initial investment or future investments from post tax dollars?
by carguy1993
Wed Jul 12, 2017 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: I am selling my wellington buying Total stock market and Total bond. Is this the best bond fund for a taxable account?
Replies: 34
Views: 3520

Re: I am selling my wellington buying Total stock market and Total bond. Is this the best bond fund for a taxable accoun

What about Target Retirement 2055 is that better for taxes? The money going in is post tax so I thought you just pay taxes on the gains. I thought this was true with Wellington.
by carguy1993
Wed Jul 12, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: I am selling my wellington buying Total stock market and Total bond. Is this the best bond fund for a taxable account?
Replies: 34
Views: 3520

Re: I am selling my wellington buying Total stock market and Total bond. Is this the best bond fund for a taxable accoun

I personally like the Wellington fund. I am going to be switching from Vanguard TR2055 to Wellington after my yearly dividend payout in September. It has the track record the history and held its own in the 2000's compared to other funds. I want boring and consistent. Nothing is guarenteed but death...
by carguy1993
Mon Jul 10, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

Ideally 50/50 to 60/40 because I couldn't withstand to lose more than 25% of my fund in a given year. But I want very diverse, safe, and at least a 5-7% return on my investments. But its tough because bonds are pretty volatile as well but doesnt have the same returns as stocks. So definitely divers...
by carguy1993
Mon Jul 10, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

Where can I find that model calculator and any hit I face now. 30-40 years the market will rebound.
by carguy1993
Mon Jul 10, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

Then I would rather take alittle more risk to cover the performance of less than 5% roi if that makes sense?
by carguy1993
Mon Jul 10, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

But its tough because bonds are pretty volatile as well but doesnt have the same returns as stocks. So definitely diverse. Should I go index with TR2055 or mutual fund with Wellington admiral?
by carguy1993
Mon Jul 10, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

Ideally 50/50 to 60/40 because I couldn't withstand to lose more than 25% of my fund in a given year. But I want very diverse, safe, and atleast a 5-7% return on my investments.
by carguy1993
Mon Jul 10, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: 100k milestone
Replies: 49
Views: 6220

Re: 100k milestone

For those saying you hit 100k and then 10 years later you are at 500-900k? I am only investing an additional $500-600 a month. I am only working with about 30k income before taxes. I can live off of it and am content. How are you able to build your wealth that fast? Where do you have it invested? Is...
by carguy1993
Mon Jul 10, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

I like the Wellington just dont know if I should choose Vanguard Wellington or Vanguard Target Retirement 2055. Wellington is 65/35 TR2055 is 90/10 but TR has more diversity with international and will hopefully lower such risk but Wellington has the track history. Both good funds but which one is b...
by carguy1993
Sun Jul 09, 2017 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: 100k milestone
Replies: 49
Views: 6220

Re: 100k milestone

Thanks I am 25 and learning. I just want to be able to have a safe retirement one day.
by carguy1993
Sun Jul 09, 2017 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

I put 7% they match 3%. Just started that last week. Its a traditional 401k pre tax dollars not roth.
by carguy1993
Sun Jul 09, 2017 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

It is an idea. Im not sure how much risk I can handle but I have 35-40 years for the market to ride through so I am assuming agressiveish? But I am conservative by nature. But want a minimum annual return of 5% in order to meet retirement needs.
by carguy1993
Sun Jul 09, 2017 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

I am gradually saving up. I dont want to touch the 65k though for a house. I want that for retirement. Wellington admiral shares or target retirement 2055 is a hard choice. Go with Wellington based solely on the fact that you need 50k to even get into the admiral shares. ... and as little as a week...
by carguy1993
Sun Jul 09, 2017 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: 100k milestone
Replies: 49
Views: 6220

100k milestone

Just wanted to know when and how you guys hit the 100k mark and where you are at in net worth now? Congrats on everyone for saving! I wont be at 100k probably until like 29-30 years old I am far off. I just love hearing the positive and motivating stories.
by carguy1993
Sun Jul 09, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

I am gradually saving up. I dont want to touch the 65k though for a house. I want that for retirement. Wellington admiral shares or target retirement 2055 is a hard choice.
by carguy1993
Sun Jul 09, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

I just started a 401k at my job and they will match 3% so I put 7% in there. I make 30k a year before taxes.
by carguy1993
Sun Jul 09, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

In Vanguard Target Retirement 2055 fund. Im willing to let it sit and continue to contribute $500 a month until age 60-65 when Im nearing retirement. I am conservative by nature but want a good return. I have no debt at all but also no house but planning to put a 20% down payment by the time I am in...
by carguy1993
Sun Jul 09, 2017 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5639

Re: Where to put 65k cash

Money is for retirement. Just dont know what to do. IRA's have a limit and I cant move all 65k into it.
by carguy1993
Sun Jul 09, 2017 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Expected rate of return
Replies: 26
Views: 2027

Re: Expected rate of return

And a 5% return before taxes and inflation and fees.
by carguy1993
Sun Jul 09, 2017 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Expected rate of return
Replies: 26
Views: 2027

Re: Expected rate of return

I am 25 and I believe 90 Stocks/ 10 Bonds. But is that too agressive?