Search found 415 matches

by my name
Thu Jun 22, 2017 6:10 am
Forum: Investing - Help with Personal Investments
Topic: advisors and fiduciary
Replies: 2
Views: 273

advisors and fiduciary

The Vanguard advisor group. I'm told they are salaried, and therefore "fiduciary". But reality, of course, is they represent one company's products as solutions. I would also think they are at least job-rated by management on how they promote and utilize the company's products. So I'd thin...
by my name
Mon Jun 05, 2017 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis on transfer
Replies: 3
Views: 313

Re: cost basis on transfer

The cost basis activity report has the transfer in row 1, representing all purchases and reinvestments in the past. Then has a row for each reinvestment activity going forward to today.
by my name
Mon Jun 05, 2017 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis on transfer
Replies: 3
Views: 313

cost basis on transfer

A few years ago, a fund of mine was transferred from brokerage A to brokerage B. Today I ran a cost basis activity report. The first row represents the transfer. Is the following correct and showing the cost basis of the original fund purchase and subsequent reinvestments (no further money was added...
by my name
Thu Jun 01, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

An accounting firm does my taxes and I think I've trained them to my system even though they expected me at first to pay estimated taxes and/or have withholding taken from income sources. They have POA in case I get even more incompetent than I am now, and then they can do whatever they want. I sta...
by my name
Thu Jun 01, 2017 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Investing, finances and POA
Replies: 0
Views: 256

Investing, finances and POA

On an RMD thread someone mentioned having an accounting firm have their power of attorney in case they became incompetent in old age. I will be talking with an elder law attorney on this type of management. I'd like anyone's feedback on their use of "professionals / institutions" to act in...
by my name
Wed May 31, 2017 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Choose muni or index to avoid SS tax
Replies: 4
Views: 533

Re: Choose muni or index to avoid SS tax

House Blend wrote:choices you make ....

House, both your posts are great. I tried to narrow it down with the second post, but you are right, both posts are together a real help for me. Thank you.
by my name
Wed May 31, 2017 7:17 am
Forum: Investing - Help with Personal Investments
Topic: Choose muni or index to avoid SS tax
Replies: 4
Views: 533

Choose muni or index to avoid SS tax

How do I compare having a muni fund versus total stock index fund for my taxable Vanguard account now that I will begin SS ($40k)? Right now I have large tax exempt interest from my tax exempt NJ fund. It is part of determining tax on SS and it will be taxed. But it keeps the AGI, taxable income and...
by my name
Wed May 31, 2017 6:16 am
Forum: Investing - Help with Personal Investments
Topic: Ask Advice for Investment Changes
Replies: 5
Views: 445

Re: Ask Advice for Investment Changes

You didn't mention your withdrawal rate RMDs and any unspent part of SS will be reinvested in the taxable account. Living expenses are mostly covered by a small pension and other minor sources of untaxed income. UPDATE: I should add that the deferred investments are viewed for LTC. So used as / if ...
by my name
Wed May 31, 2017 6:11 am
Forum: Investing - Help with Personal Investments
Topic: Ask Advice for Investment Changes
Replies: 5
Views: 445

Re: Ask Advice for Investment Changes

Age 70, start delayed SS, single, retired 62. RMDs ($40k) and full SS ($40k) begin next year. Sales and RMDs are to a Vanguard federal tax exempt muni fund, probably intermediate. Maybe instead corporate or short term bond index? With $34K of that SS taxable, you will be in the 25% tax bracket, whi...
by my name
Tue May 30, 2017 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Ask Advice for Investment Changes
Replies: 5
Views: 445

Ask Advice for Investment Changes

UPDATE: a small pension and small amount of untaxed income pay for most living expenses. ********* I appreciate any advise you have. Below is my profile and actions I am thinking about. Age 70, start delayed SS, single, retired 62. RMDs ($40k) and full SS ($40k) begin next year. NJ is eliminating st...
by my name
Tue May 30, 2017 11:10 am
Forum: Investing - Help with Personal Investments
Topic: selling inherited stock
Replies: 5
Views: 399

Re: selling inherited stock

livesoft wrote:Do you see that ... is the same as ...


Ok, ok, ok. :oops:
by my name
Tue May 30, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: selling inherited stock
Replies: 5
Views: 399

Re: selling inherited stock

Mike - thank you so much for your quick informative reply.

And thanks, livesoft
by my name
Tue May 30, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: selling inherited stock
Replies: 5
Views: 399

selling inherited stock

I am going to sell all inherited individual stock in my Vanguard taxable account. It is today worth only about $15,000. I know the stock share value at the date of death in year 2000, so I know the cost basis for the original shares received. But I let it reinvest monthly over the years. Also, the s...
by my name
Sun May 28, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Medigap Insurance Plans
Replies: 43
Views: 3211

Re: Medigap Insurance Plans

i'm going with G as F is going away. the interesting thing is that the only difference between G and F is you have to pay the $183 deductible with G. works out to roughly $15 a month. yet the monthly premium difference for BCBS in my state is $57. go figure... Each zip code differs. G and N are vir...
by my name
Sun May 28, 2017 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Medigap Insurance Plans
Replies: 43
Views: 3211

Re: Medigap Insurance Plans

I should add that if you are in a Medigap plan, there are rules where you can change plan with guaranteed coverage (no underwriting). Situations include you move, a plan closes, and more. Read up at Medicare.gov, or do a Goggle search for some other articles. Note other websites are often selling so...
by my name
Sun May 28, 2017 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Medigap Insurance Plans
Replies: 43
Views: 3211

Re: Medigap Insurance Plans

Varies greatly by state, insurer, zip code. For reasons below, I chose Plan N. The premium is dirt cheap, for one thing. NY has some interesting protections. You do not have underwriting with Medigap plan changes, but premiums for F and such are very high. They also limit excess charges to 5% which ...
by my name
Sun May 28, 2017 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Spreadsheet to show how taxable SS benefits will affect you
Replies: 110
Views: 17644

Re: Spreadsheet to show how taxable SS benefits will affect you

PapaGeek, I've just added a link to your spreadsheet in this topic I began. I am starting to play with it, and see defaults are nicely set-up for 2016. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=219630&start=50 Thank you so much for your fine work. I am starting to play with it and...
by my name
Sun May 28, 2017 6:33 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

The following link is to the spreadsheet file in this forum, that you can download, with explanation of the Social Security "hump" and the impact of SS on taxes and such. This is extremely well thought out, excellent work by the author. The file is updated for 2016 tax year, so the first t...
by my name
Sat May 27, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

I would appreciate assistance on the timing of withdrawing the RMD and paying taxes. I am having Vanguard automate my RMD, so I won't make an error or miss a deadline. You will know the RMD in advance, the prior year's account balance and IRS table. Good RMD and tax estimating tools are Vanguard's ...
by my name
Sat May 27, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Looking for advice/reassurance on what to do with $4-5m
Replies: 63
Views: 5944

Re: Looking for advice/reassurance on what to do with $4-5m

ThrowAway asked: "Looking for advice/reassurance on what to do with $4-5m"

Write a check payable to My Name, mail it to .....
by my name
Sat May 27, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard transaction history
Replies: 4
Views: 464

Re: Vanguard transaction history

my name wrote:Thanks, Livesoft. Got it.


OOOPS. Nope. I had all funds selected. I changed to only the Find "x" admiral and the last transaction says "conversion". The record says where it came from with fund name and number. But no records.
by my name
Sat May 27, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard transaction history
Replies: 4
Views: 464

Re: Vanguard transaction history

I looked and the date range accepted under "Custom" is 01/01/1993 to 05/27/2017 today. I see ALL transactions including funds that I don't own anymore. So after selecting "Transactions" be sure to set the Date, All Holdings, and Transaction types in the option menus that appear....
by my name
Sat May 27, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard transaction history
Replies: 4
Views: 464

Vanguard transaction history

Does anyone know how to see old transaction history at Vanguard? I have an account that was converted to admiral shares and those are all I see. There used to be (way back) a way to see the former investor shares fund history. This is not in the list of current or prior funds. It used to be .... Van...
by my name
Sat May 27, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

Ron, well said !
by my name
Sat May 27, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

Same boat... 70 later this year and will start RMD next year to avoid a double RMD hit in calendar 2019. SS, pension, taxable dividends, tax-exempt dividends and no place to hide. Have already done Roth conversions to the top of the 15% bracket, accumulated tax loss harvesting and will be looking a...
by my name
Sat May 27, 2017 8:30 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

cheri said: "You chose not to take advantage of your best opportunity to reduce your RMDs going forward" Not true. Go back and reread my posts. Last year was the year I really might have converted some to Roth, but it would have been one water drop in a big gallon bucket, no real impact. I...
by my name
Sat May 27, 2017 5:56 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

itstoomuch said: IMO, we are not avoiding taxes but delaying the tax owed to either your later years or to your heirs. I agree, I've heard this many times before. Smoothing in years between retirement and 70.5 is not an option (every year) for many, and for many it provides some but not much help. T...
by my name
Fri May 26, 2017 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

Thank you !
by my name
Fri May 26, 2017 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: Really trying to understand no bonds in taxable
Replies: 46
Views: 3313

Re: Really trying to understand no bonds in taxable

would a state tax exempt muni bond be ideal for taxable? You can calculate tax-equivalent yield to see if munis (or state munis) are worth it in your situation. Vanguard's state tax exempt muni funds have done great, munis overall have done great this past decade anyway. I have lots in my taxable a...
by my name
Fri May 26, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

OK, with these hard numbers, let me offer my $0.02: Thank you, House Blend. Lots to think about as I use a copy of TurboTax from 2016 to play with entering RMD and SS. On comparing the munis at Vanguard, the intermediate has done better than the shortterm, but I realize we are entering a time with ...
by my name
Fri May 26, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs higher cost bond funds
Replies: 10
Views: 627

Re: Vanguard vs higher cost bond funds

Very interesting. So if I move all of my 401K to the Vanguard stock indexes and then buy into Vanguard tax exempt bonds for the proportion that I want in bonds this would accomplish the same as having bond funds in my 401K? Does tax free means no tax on withdrawals which makes it equivalent to a Ro...
by my name
Fri May 26, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs higher cost bond funds
Replies: 10
Views: 627

Re: Vanguard vs higher cost bond funds

As I wrote elsewhere, my bonds have a big chunk in the taxable area. Vanguard's tax exempt state and federal muni funds have over the decade I've had them have done better than the taxable bond funds, even without tax consideration. No tax and no limit like savings plans.
by my name
Fri May 26, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Investing money after IRAs are maxed
Replies: 9
Views: 967

Re: Investing money after IRAs are maxed

Just a thought. My investment strategy pre-retirement. After I maxed out my savings plan (401K) to get the employer match, I maxed out an IRA - became a Roth when available. In my taxables, the largest fund is Vanguard's NJ tax free muni fund. It is for me both bonds for balance and no tax. Over the...
by my name
Fri May 26, 2017 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

...You must be young. Roths are relatively new for my age. I used them when they became available. Conversions were reviewed and made no sense while working. After retirement, they made no sense in years with other taxable events, like selling rental property. Roths are not advisable for a number o...
by my name
Fri May 26, 2017 7:11 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

Yeah it sounds like the OP failed to take a long-range view of his/her taxes in retirement ... Only now has it occurred to him/her that the tax bill he/she postponed is coming due. Not true. I've no interest in IRA to charity while living, and no need nor interest in an annuity as you suggest. You ...
by my name
Fri May 26, 2017 6:54 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

A quick overview of what to do ... http://time.com/money/4377233/retirement-boomers-taxes-required-withdrawals/?iid=sr-link1 Excerpts: 1) (Annuity, delay up to age 85) QLAC purchase is limited to 25% of your portfolio or a maximum of $125,000. 2) (Charity) donate up to $100,000 of your RMD to charit...
by my name
Fri May 26, 2017 5:45 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

Where to put the RMD distribution. I'm thinking into a national federal tax exempt fund at Vanguard. With NJ moving to no state taxes for retirement income, that seems a great way to both not add to taxes and also re-balance from my being 70% stock. It also helps diversify my muni bond holdings, my ...
by my name
Thu May 25, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

Prior to reaching 70 is the ideal time to consider moving to a low income tax or no income tax state if you live in a high tax state. Right. My high tax state of NJ just changed their law to keep seniors. They already did not tax SS. Now seniors will pay no tax on any retirement income as follows -...
by my name
Thu May 25, 2017 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

By "owed no taxes" do you mean you paid zero income tax in 2016? Right, no tax owed. I lived on already taxed money and a small pension. I had maybe 3 years where I might have done some Roth conversions, but the effect is very minimal if you are just trying to reach the border of the next...
by my name
Wed May 24, 2017 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Re: Avoiding Taxes with RMD

but you were going to pay the piper. Better to have higher income and owe more taxes than low income with no taxes. Thanks. I agree, I recall someone made a zillion dollars on stock like Google and was hesitant to sell some to take some profit because of taxes. It is all relative, I guess. As you s...
by my name
Wed May 24, 2017 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 15396

Re: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)

He is looking forward to taking Social Security at 62. I personally think it is a good idea Here is why I - and 2% of retirees - delay until age 70. NOTE: I turn 70 later this year. Like your Dad, I am single. I have had good health and have had other funds to live on. Note one SS strategy for a co...
by my name
Wed May 24, 2017 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6966

Avoiding Taxes with RMD

In 2016 I had a calm tax year, owed no taxes and only used the itemized deductions thanks to some medical costs. I have lived off of money that was already taxed and a small pension, and delay social security until 70. Now, I am 70 later this year. My RMDs begin next year, as does my first full year...
by my name
Fri May 19, 2017 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: RMD start
Replies: 7
Views: 935

Re: RMD start

Thanks everyone for all the great ideas. Lots to think about. I will play with turbo tax and maybe hold off on the 401k roll over so I can do some roth play this year. I'll see what I can do to possibly delay on the first year rmd to see if a roth thing next year is the better play.
by my name
Fri May 19, 2017 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: RMD start
Replies: 7
Views: 935

Re: RMD start

SpringMan wrote:I don't think Vanguard will allow RMD setup until December of the year before.

If you are age 69 1/2 you can set-up the auto RMD. Thanks for our thoughts.
by my name
Thu May 18, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: RMD start
Replies: 7
Views: 935

RMD start

I am reviewing setting up automating my RMD with Vanguard. I begin next year. I am reviewing things like this should I become incapacitated, so automated is a good idea. It is a free service. I am looking for any feedback on approach. I have a small traditional IRA and some Rollover IRAs. The RMD es...
by my name
Thu Apr 13, 2017 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Which type of CCRC? [Continuing Care Retirement Community]
Replies: 17
Views: 2161

Re: Which type of CCRC? [Continuing Care Retirement Community]

Thank you Rat Daddy. Great timing. I've revisited places in the past 2 months for a more detail overview. I will read your info in the morning when I am fresh and have a cup of coffee.
by my name
Sat Apr 08, 2017 11:30 am
Forum: Investing - Help with Personal Investments
Topic: RMD rules
Replies: 4
Views: 567

Re: RMD rules

Thanks S.
by my name
Sat Apr 08, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: RMD rules
Replies: 4
Views: 567

Re: RMD rules

Thank you, SR
by my name
Sat Apr 08, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: RMD rules
Replies: 4
Views: 567

RMD rules

I've read some posts but am not clear on this. Your thoughts are appreciated. I have IRAs. I reinvest dividends. I begin my RMD next year. I understand I can use dividends, rather than the principal, to cover the RMD required amount. I understand that the IRA basis is the amount in IRA accounts at e...
by my name
Sat Apr 01, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: IRA to Roth and 401Ks
Replies: 10
Views: 407

Re: IRA to Roth and 401Ks

Thanks, Retired.

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