Search found 343 matches

by lazylarry
Sun Sep 17, 2017 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Active Duty Airmen(24) Looking to maximize investment potentional
Replies: 6
Views: 605

Re: Active Duty Airmen(24) Looking to maximize investment potentional

I'm younger as well but here is my advice. -Is interest accruing on loans? Or is accrual of interest deferred? If the first, then depending on your interest rate, it may be worth it to pay off the loan. It depends on the loan rate. If the 2nd, then don't pay it off until you have to. -Your allocatio...
by lazylarry
Sun Sep 17, 2017 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: 529 help for an investing newbie
Replies: 4
Views: 421

Re: 529 help for an investing newbie

Welcome to the US. May be helpful to post as per the intro sticky. -Are you paying mortgage,if so, what is rate? May be more efficient to pay this off first. -Also are you maxing retirement savings? That rate is low unless you are high income earner. This is recommended before contributing to 529. I...
by lazylarry
Sun Sep 17, 2017 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Multiple Roth IRA accounts
Replies: 4
Views: 710

Re: Multiple Roth IRA accounts

I have Roths at Fidelity and Vanguard. I don't think it's a big deal to have one at Betterment. It makes it harder for me to track my asset allocation because I'm am using two brokerage services, but also provides some protection I suppose if something catastrophic happened to Vanguard. Betterment h...
by lazylarry
Sun Sep 17, 2017 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Clarification on a TIRA
Replies: 3
Views: 315

Re: Clarification on a TIRA

Hello I am over 60 and have just opened a T IRA and funded it to the max of $6500. if I withdraw part of it in less than a year, is there any penalty, other than paying my current tax rate of 25%? Can I then top it up or is it subject to only one $6500 top up per fin year? In essence thinking I cou...
by lazylarry
Sun Sep 10, 2017 8:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 57
Views: 6319

Re: [Virtual online chapter - Master thread]

It's that time of year again for our Fourth Virtual Bogleheads Meeting. It will be September 20, 2017 @ 8pm EST . Topic to be decided and the links will be provided via Zoom in my next email in about a week. Email virtualbogleheads@gmail.com if you are interested in joining and are not on the lists...
by lazylarry
Tue Sep 05, 2017 9:21 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 57
Views: 6319

Re: [Virtual online chapter - Master thread]

Hi All, It's that time of year again for our Fourth Virtual Bogleheads Meeting. It will be September 20, 2017 @ 8pm EST. Topic to be decided and the links will be provided via Zoom in my next email in about a week. Email virtualbogleheads@gmail.com if you are interested in joining and are not on the...
by lazylarry
Fri Sep 01, 2017 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: mega backdoor Roth 401k practical issues
Replies: 12
Views: 915

Re: mega backdoor Roth 401k practical issues

Ah thanks all for helping. Forgot pro rata doesn't apply to 401ks. Will just simplify and invest in Jan (don't want additional taxes this year as I am at top of bracket) What is IRR? Anyways I don't have to deal with this as conversions are very simple and clear in my plan and I plan to keep everyth...
by lazylarry
Fri Sep 01, 2017 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: How can I take advantage of a low-income year?
Replies: 23
Views: 1952

Re: How can I take advantage of a low-income year?

+1 grabiner
I would convert such that you Max 15% tax bracket
Then do capital gains harvesting on taxable as is possible
by lazylarry
Fri Sep 01, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: mega backdoor Roth 401k practical issues
Replies: 12
Views: 915

mega backdoor Roth 401k practical issues

So my employer recently started allowing megabackdoor Roth 401ks. Essentially, I am able to contribute to after-tax 401k and am able to convert this to a Roth 401k. I can not convert to a Roth IRA. However, I am only allowed two conversions per year. My contributions to the after-tax 401k are basica...
by lazylarry
Thu Aug 31, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable retirement account for young physician
Replies: 25
Views: 2623

Re: Taxable retirement account for young physician

Solid advice as usual and sounds like you will be golden in retirement and now. One thing that was mentioned earlier - you may be able to use mega back door Roth depending on your 401k type and options. I'd at least look into it given that you are still in a (relatively) lower earning period compare...
by lazylarry
Fri Aug 18, 2017 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Portfolio Questions
Replies: 9
Views: 1262

Re: Early Retirement Portfolio Questions

I can't tell if you're planning to work or not in the future, which greatly affects everything. a) I wouldn't move 100%. I'd move enough so that you would be able to sustain a 10-year recession. Why 10 year? I'm just guessing. But the point is that the tax-ineffiency of bonds makes them very painful...
by lazylarry
Fri Aug 18, 2017 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Accumulation phase: Roth vs Traditional IRA?
Replies: 13
Views: 1174

Re: Accumulation phase: Roth vs Traditional IRA?

Look at https://www.bogleheads.org/wiki/Traditional_versus_Roth
+1 JBTX. The one thing is that if you are 25%+, then I would probably MAX 401k prior to any Roth IRA contributions.
by lazylarry
Fri Aug 18, 2017 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Savings vs Down Payment vs Retirement
Replies: 4
Views: 610

Re: Savings vs Down Payment vs Retirement

1 - No if you plan to use the money soon and you don't have the income to support it. I would put some in CDs if you need it within the next 4-5 years. A short term CD or use a longer term one with the expectation of breaking it. 2 - Depends what you value. If you really want the home, then go for i...
by lazylarry
Sun Aug 13, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) Choices - Help Please
Replies: 6
Views: 422

Re: 401(k) Choices - Help Please

These are the best choices. iShares S&P 500 Index Institutional, BSPIX, ER 0.11% iShares MSCI EAFE Intl Idx Inv A, MDIIX, ER 0.38% BlackRock Total Return Inv A1, MEHQX, ER 0.75% (or possibly the stable value fund if it pays enough) This is the best she can do unless you are willing to change from t...
by lazylarry
Sun Aug 13, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) overcontribution?
Replies: 6
Views: 399

403(b) overcontribution?

Have a practical question for folks who have experience with over-contributing to 401k or 403b. I've almost maxed out my 403b (I have a combo of 403b and Roth 403b contributions) - at about $17500. However, I would like to contribute fully to the max $18000 limit. The problem is that my plan takes u...
by lazylarry
Sun Aug 13, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) Choices - Help Please
Replies: 6
Views: 422

Re: 401(k) Choices - Help Please

We probably need more info as per the above main stickies in the forum, e.g. age, desired AA, tax bracket, etc. But as mentioned, BSPIX is good, tracks S&P and low ER iShares MSCI EAFE Intl Idx Inv A, MDIIX, ER 0.38% is also good if you want international diversification. Your bond funds are a bit o...
by lazylarry
Sat Aug 05, 2017 3:31 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 57
Views: 6319

virtual Bogleheads group

Just wanted to let anyone interested in attending virtual bogleheads group (more info in the local groups section on this forum), that our next meeting will be about Tilting and will be on 8/23 at 8pm EST. We will have a quick 10-25 min presentation and then open questions afterwards. If you are int...
by lazylarry
Sun Jul 30, 2017 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Aging Anticipation and Portfolio Changes
Replies: 10
Views: 950

Re: Aging Anticipation and Portfolio Changes

Hi Sara, A few comments: -How much extra income do you want? Since your annual income funds all your expenditures, you are pretty set as you can withdraw from your other accounts if a crisis sets in. The rest is just how much risk you are willing to take for a certain amount of return - that depends...
by lazylarry
Sat Jul 29, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on taxable account - yearly additions.
Replies: 7
Views: 1124

Re: Advice on taxable account - yearly additions.

Since a few years ago, the brokerages have been required to keep track of basis and report it to IRS when someone sells in a taxable account. You you can tell your brokerage that you choose Specific ID (or other types) as cost basis and then you can probably see on-line what the basis is for each l...
by lazylarry
Sat Jul 29, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone invest in I Bonds and why?
Replies: 17
Views: 1901

Re: Anyone invest in I Bonds and why?

Emergency fund! You can always cash out for something else if a nice CD turns up. I think they're good because you can use them for things like paying for education. Also it's fun to just invest in something to get a little idea of how it works, just in case there is such a need for an investment do...
by lazylarry
Fri Jul 14, 2017 8:27 am
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 57
Views: 6319

Re: [Virtual online chapter - Master thread]

Our next meeting will be on July 26th at 8pm EST , with the topic of asset allocation. If you are interested in joining the meeting, please email me at virtualbogleheads@gmail.com. If you have already contacted me, you should have received an email and please let me know if there were any issues. Ho...
by lazylarry
Thu Jul 06, 2017 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Where else to invest?
Replies: 13
Views: 1172

Re: Where else to invest?

Few thoughts -what's the interest rate on mortgage? If higher (like >4%) then would consider paying off first, or you could invest if <4%. -Yes you probably should just max out that contribution rate to your tax-advantaged accounts -You/husband can also contribute to Roth IRA based on the monthly in...
by lazylarry
Thu Jul 06, 2017 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3160

Re: Why Doesn't My 401(k) Pay Dividends?

One point to consider is that payment of dividend (and you manually reinvesting) is equivalent to not having a dividend at all. Payment of dividend by investment will result in appropriate reduction of the share price. So as long as the money is in a 401k where you are deciding the asset allocation,...
by lazylarry
Wed Jul 05, 2017 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Keep Intl. Stock AA in IRA or Avoid 403b bond fund ER?
Replies: 3
Views: 278

Re: Keep Intl. Stock AA in IRA or Avoid 403b bond fund ER?

Well what a fantastic match by your company. That is great. I'm a little confused by your explanation: -how does giving $500 to your Roth bring VTSMX down to $3000? According to your percentages, you have 0.13*33k in VTSMX which is ~4.5k. Why does this happen in 3 months, are you rebalancing? And ho...
by lazylarry
Wed Jun 28, 2017 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Age 29, No Debt, 137,000+
Replies: 3
Views: 889

Re: Age 29, No Debt, 137,000+

**Would be careful stating your income range. I thought you were <15% tax bracket but your last statement clearly indicated you will not be! What is your projected tax bracket? Income is based on calender year - e.g. all of 2017. 1. Consider Roth conversion of 401k (after rolling it over to IRA) sin...
by lazylarry
Sat Jun 24, 2017 1:40 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 57
Views: 6319

Re: Online group meetings via web conference? [Virtual online chapter]

Hi all, Thank you for the interest and we did have a nice first meeting with five participants, with many others expressing interest but unable to make it! We introduced our level of knowledge of financial knowledge and also topics for future meetings. We will try to make meetings on Wednesdays at 8...
by lazylarry
Wed Jun 14, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: 66 and perplexed, hoping for some advice!
Replies: 19
Views: 2848

Re: 66 and perplexed, hoping for some advice!

Is there a retirement calculator that does Monte Carlo analyses but based on different asset allocations and a variable withdrawal amount? I feel like that might be helpful to the OP.
by lazylarry
Wed Jun 14, 2017 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Bond funds vs bonds (yes, again)
Replies: 16
Views: 1612

Re: Bond funds vs bonds (yes, again)

I guess I don't see the issue here. Yes, if interest rates go up my bond fund will drop in value, but as the fund ads new bonds at the higher yield I benefit from the higher yield, right? Presumably it all comes out in the wash, so to speak. Someone please correct me if I'm wrong. I'm no expert at ...
by lazylarry
Mon Jun 12, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Bond funds vs bonds (yes, again)
Replies: 16
Views: 1612

Re: Bond funds vs bonds (yes, again)

I guess I don't see the issue here. Yes, if interest rates go up my bond fund will drop in value, but as the fund ads new bonds at the higher yield I benefit from the higher yield, right? Presumably it all comes out in the wash, so to speak. Someone please correct me if I'm wrong. I'm no expert at ...
by lazylarry
Thu Jun 08, 2017 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio/Fund Selection Advice For New'ish Investor
Replies: 7
Views: 484

Re: Portfolio/Fund Selection Advice For New'ish Investor

I would suggest reading a good book on types of bonds and bond funds. They are not nearly as intuitive as stocks but can become an equally important part of your portfolio. Most Bogleheads seek bonds in part to provide stability, but long term funds are risky, sometimes as risky as stocks. Long ter...
by lazylarry
Thu Jun 08, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio/Fund Selection Advice For New'ish Investor
Replies: 7
Views: 484

Re: Portfolio/Fund Selection Advice For New'ish Investor

Welcome to the forum by the way! ! Age: 30 Tax Filing: Married filing jointly(with baby due next month) Tax Rate: I think the lowest, 25% maybe?? use this website to find out : m State: AZ Employment: Current Med Student, so only wife’s income now, but income should increase significantly down the ...
by lazylarry
Thu Jun 08, 2017 7:56 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 57
Views: 6319

Re: Online group meetings via web conference? [Virtual online chapter]

Alright so we had 6 people who were interested - and all able to make date of June 21st at 8pm EST on the Zoom platform. So we will plan for then. If you are still interested, please email me as it is harder for me to individually message people on this forum. Likewise, even if you have already repl...
by lazylarry
Tue Jun 06, 2017 10:27 pm
Forum: Personal Consumer Issues
Topic: Yellowstone best itinerary?
Replies: 15
Views: 1639

Re: Yellowstone best itinerary?

Thanks all, I appreciate the detailed advice. I looked at the other threads. I was wondering what folks thought of this itinerary (definitely want mt. rushmore but could be convinced not to do tetons). Also, what are thoughts on Yellowstone tours? -have not done anything like this before, no nationa...
by lazylarry
Sun Jun 04, 2017 8:01 am
Forum: Investing - Help with Personal Investments
Topic: New Cash to Invest - what now???
Replies: 13
Views: 1694

Re: New Cash to Invest - what now???

-Helpful information for us to have would be as per my signature regarding posting. Specifically, your age, current savings/retirement assets would be helpful. My 2 cents below. I have been fortunate to have recently sold some real estate at a profit and have some cash sitting on hand. I am trying t...
by lazylarry
Fri Jun 02, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: Yellowstone best itinerary?
Replies: 15
Views: 1639

Yellowstone best itinerary?

So my parents and sibling (adult) are planning to go to Yellowstone in August. Really not familiar at all with it, but they did see this tour package from TakeTours - 7 days from Denver to Yellowstone to SLC and back to Denver , with several little side tours thrown in. Website ( m) We will be in Ye...
by lazylarry
Thu Jun 01, 2017 5:02 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 57
Views: 6319

Re: Online group meetings via web conference? [Virtual online chapter]

Great! So far following folks have indicated interest. Will pm folks since I know everyone doesn't check this thread, but I think going forward may be best to email "virtualbogleheads@gmail.com" if anyone is interested and we will add you. Also will set up a first video meeting on Zoom for...
by lazylarry
Sat May 27, 2017 10:49 am
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 57
Views: 6319

Re: Online group meetings via web conference? [Virtual online chapter]

I've been busy, but finally have time to revive this. Anybody still interested? I will make a list and start the group if it is ok with the admins. Will use Zoom. If anybody else wants to organize this (as long as they actually do that) that's fine by me.
by lazylarry
Wed May 24, 2017 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: After tax efficient investment
Replies: 15
Views: 1789

Re: After tax efficient investment

When do you need the money? -Are you doing backdoor Roth IRA ? Or is it worth it (don't know your tax bracket)? -If you may need the money, most people would put it in something like a tax-free muni bond fund or something like VBIIX/VBSIX as a "emergency fund" type deal. Tax efficiency wou...
by lazylarry
Thu May 18, 2017 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs pre-tax with higher income in the future
Replies: 10
Views: 1094

Re: Roth vs pre-tax with higher income in the future

Thanks for your reply! I was referring primarily for Roth vs "traditional" 401k (TSP) for myself. I think most of what I said before applies. We file separately (at least for now) due to optimizing income-based loan payments w/ public service loan forgiveness in 10 years. Don't know a ton ...
by lazylarry
Wed May 17, 2017 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs pre-tax with higher income in the future
Replies: 10
Views: 1094

Re: Roth vs pre-tax with higher income in the future

-Read White Coat Investor if you haven't already. -I assume you are talking about Roth IRA vs 401k contributions -also assume you are contributing up to match in 401k -I think you will get differing opinions here. While you are still in the 25% tax bracket, it's slightly unclear whether you will be ...
by lazylarry
Sun May 14, 2017 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason to NOT rollover SEP IRA to 401k?
Replies: 5
Views: 658

Re: Any reason to NOT rollover SEP IRA to 401k?

Only theoretical reason would be if the 401k had higher ERs or other fees. But the fact that you are clearing for backdoor Roth IRA makes that point moot.
by lazylarry
Sun May 14, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Help Selecting from limited Employer 401k Plan Options
Replies: 5
Views: 582

Re: Help Selecting from limited Employer 401k Plan Options

I like how you listed how long you will be in retirement for, that's an interesting fact that most of us don't know. Also, my personal opinion is not liking Lifestrategy because I believe AA should change based on how far away from retirement you are, as it does in target date. Anywho this is the re...
by lazylarry
Sun May 14, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: 403B with high expense ratio's and insurance wrappers
Replies: 8
Views: 717

Re: 403B with high expense ratio's and insurance wrappers

This depends on a few things and we need more info, but even fees that high would still probably make the 403b a decent bet. There are several prior threads about this (more about 401ks with high expense ratios),
by lazylarry
Thu May 04, 2017 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Priority of Retirement Accounts
Replies: 18
Views: 1849

Re: Priority of Retirement Accounts

By matches at 5%, I assume you mean matches up to 5%. Also you should post as per the sticky (see my sig) but I'll give you advice on what you have. 1 - Yes at least get the match. That's free money. 2 - Your second question confused me. If you have a traditional 401k, that should be the next invest...
by lazylarry
Thu May 04, 2017 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Advice
Replies: 3
Views: 408

Re: Investing Advice

I would slightly disagree with the above poster. If it's for family inheritance, you can definitely take advantage of the step-up in basis upon inheritance, and have a higher equity:bond ratio, I would probably do something like 80/20, if that is reasonable for your family members given their age. I...
by lazylarry
Thu May 04, 2017 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Who am I looking for?
Replies: 5
Views: 1050

Re: Who am I looking for?

Are you looking for someone to help you with a complicated tax situation? What part of the finances do you exactly need help with? -Would consider a flat-fee advisor -May be that you need an accountant moreso than financial advisor -I'd probably say at least the "level" of a CFP, or higher...
by lazylarry
Thu May 04, 2017 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Contribution/Withdrawal Question
Replies: 7
Views: 687

Re: Roth IRA Contribution/Withdrawal Question

Caveat that I haven't done this but:
Yes you can def withdraw and redeposit.
No reporting requirements as far as I know.
by lazylarry
Wed May 03, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Trad 401k or Roth 401k - invest in both?
Replies: 8
Views: 4298

Re: Trad 401k or Roth 401k - invest in both?

edit - that seems high for state tax rate, but even another reason to go to t401k, particularly if you retire out of state. Top of 25% federal bracket for 2017 for single is 91,900. The CA 9.3% bracket for 2016 starts at 51,530. So at $100K/year, 25% and 9.3% seem correct after deduction and exempt...
by lazylarry
Wed May 03, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: 57 - Retirement Portfolio Review - Am I on the right track.
Replies: 4
Views: 1105

Re: 57 - Retirement Portfolio Review - Am I on the right track.

IMHO, -you are far too aggressive given your age, unless you plan to retire at 70 and even then it's aggressive. Bad experiences with companies does not mean a fund is bad. If there is a market downturn then your savings will be severely hit in the early retirement phase which is quite bad. -get rid...
by lazylarry
Wed May 03, 2017 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help with investing in my ROTH IRA
Replies: 7
Views: 776

Re: Help with investing in my ROTH IRA

-Why that random fund? You miss small caps. consider VTSMX. -You should do Roths and max for you and wife -kids? 529? -could do bonds in Roth (they are better in a 401k though) or tax-exempt in taxable is fine also -Yes you can put your money in a taxable. Look at: m https://www.bogleheads.org/forum...