Search found 29973 matches

by retiredjg
Thu Sep 21, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: What say ye... 60/40 or 65/35?
Replies: 17
Views: 1507

Re: What say ye... 60/40 or 65/35?

Of course you do! The EF is an "asset" and whether you use it to rebalance has nothing to do with where its located. If you keep 5% of your money in a MM then its allocated as such. Any thinking to the contrary is just mind games... I disagree. What if your emergency fund needs to be $30k and your ...
by retiredjg
Wed Sep 20, 2017 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Tax implications for converting rollover IRA to Roth
Replies: 5
Views: 376

Re: Tax implications for converting rollover IRA to Roth

So looking at all the information I can find, I would owe (roughly) an additional $5,610 in federal taxes and additional $1,581 in state taxes. My question is: Is there any additional tax "penalty" from owing so much more federal tax than last year? I think it will cost you more than that. You have...
by retiredjg
Wed Sep 20, 2017 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request - ReadyInvestor
Replies: 7
Views: 606

Re: Portfolio Review Request - ReadyInvestor

Can't you just give us the name of what you own and a ticker symbol if one is given?

Don't worry about the funds in the IRA or the TSP - we already know what that stuff is.

Yes, it is frustrating, but you will learn a lot by doing this.
by retiredjg
Wed Sep 20, 2017 2:42 pm
Forum: Personal Consumer Issues
Topic: Uplifted Driveway = No Home Owners Policy ?!
Replies: 56
Views: 2688

Re: Uplifted Driveway = No Home Owners Policy ?!

Insurance companies have leeway to make some of their own decisions. I had one say they would not insure me if I had a pit bull dog. I think this is common. Another would not insure me if I had a trampoline.

To my knowledge, I've never had anyone come by and actually look at my house.
by retiredjg
Wed Sep 20, 2017 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard PAS Seems Inflexable
Replies: 24
Views: 1593

Re: Vanguard PAS Seems Inflexable

If the "couple of actively managed funds" is an issue, remember than many of Vanguard's vanilla bond funds are not index funds, they are actively managed. That might have been what that was about.

Yes, they are inflexible. That can be judged in different ways.
by retiredjg
Wed Sep 20, 2017 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Advise on what to do with additional savings
Replies: 26
Views: 2224

Re: Advise on what to do with additional savings

" ... or if we should shift more money into taxable IRA accounts. What do you think a "taxable IRA account" is?” Sorry that last one was a typo. I was responding on another site to taxable accounts, and posted here right afterwards. Well, if you didn't mean taxable IRA account, what did you mean?
by retiredjg
Wed Sep 20, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Funding parent IRA
Replies: 10
Views: 688

Re: Funding parent IRA

What do you mean "avoid taxes on both sides"? That money will certainly be taxed at some point - in the year you make it. I'm not sure it matters where the money comes from if she is actually eligible to contribute to Roth IRA . Not sure it does not matter either but someone else will probably know.
by retiredjg
Wed Sep 20, 2017 1:28 pm
Forum: Investing - Theory, News & General
Topic: DCP rollover: rollover first or convert first?
Replies: 4
Views: 384

Re: DCP rollover: rollover first or convert first?

It all revolves around this part of your post.... "to eventually convert to Roth soon." I have to admit that "eventually" and "soon" seem contradictory. :happy If you are able and willing to pay the tax on the whole thing and if you want all the money in Roth IRA by the end of the year, do what the ...
by retiredjg
Wed Sep 20, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: What say ye... 60/40 or 65/35?
Replies: 17
Views: 1507

Re: What say ye... 60/40 or 65/35?

Help, what am I ? :confused Why does it matter? This is not meant to be a smart remark. If you figure out why it matters to you whether you are 60/4- or 65/35, maybe the answer will be clear which you are or which you want to be. Or maybe you can just learn to accept that your AA is "60/40 when the...
by retiredjg
Wed Sep 20, 2017 11:38 am
Forum: Investing - Help with Personal Investments
Topic: How to allocate between 401k with expensive fees + Vangaurd
Replies: 32
Views: 1562

Re: How to allocate between 401k with expensive fees + Vangaurd

This works, but it places the same identical fund in taxable and Roth IRA. If you decide to tax loss harvest, this will present a wash sale conflict. You can avoid that by moving all the international into taxable as your contributions permit. Can you explain more? https://www.bogleheads.org/wiki/T...
by retiredjg
Wed Sep 20, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Advise on what to do with additional savings
Replies: 26
Views: 2224

Re: Advise on what to do with additional savings

Is there any way in which we could be eligible to backdoor a Roth this year since we cannot contribute to an employer plan for 12 months? Does the IRA that each of us have completely prevent eligibility, or is there a way to do it without penalty or audit? Again, I only see one IRA. Do you have one...
by retiredjg
Wed Sep 20, 2017 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Advise on what to do with additional savings
Replies: 26
Views: 2224

Re: Advise on what to do with additional savings

That was my thought. I generally follow the prioritization from MMM: WHAT 0. Establish an emergency fund to your satisfaction 1. Contribute to your 401k up to any company match 2. Pay off any debts with interest rates ~5% or more above the 10-year Treasury note yield. 3. Max HSA 4. Max Traditional ...
by retiredjg
Tue Sep 19, 2017 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: [Help with Edward Jones account]
Replies: 10
Views: 1243

Re: Edward Jones Guided Solutions Fees [moving from but need new advisor]

I still haven't moved from Edward Jones, its just all so confusing. I am an Employer and in charge of the Simple IRA plan for our company and we started with Edward Jones in 1999. So for me it's not just myself to worry about because I have all the other employees too. My one question is though how...
by retiredjg
Tue Sep 19, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Help with conservative alloction strategy
Replies: 12
Views: 1039

Re: Help with conservative alloction strategy

patrick013 wrote:
Tue Sep 19, 2017 12:34 pm
...as no mention of 401k's or other retirement accounts.
The original post does mention both taxable and tax-deferred accounts. We just don't know the details.
by retiredjg
Tue Sep 19, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Help with conservative alloction strategy
Replies: 12
Views: 1039

Re: Help with conservative alloction strategy

People use the term "cash" in different ways, so you might need to be more specific. I think having 60% stocks and 40% fixed income assets like bonds and cash is a fine idea if that is where you are comfortable. But here's the thing about "cash" - it does not keep up with inflation. Most of your "ca...
by retiredjg
Tue Sep 19, 2017 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Request - ReadyInvestor
Replies: 7
Views: 606

Re: Portfolio Review Request - ReadyInvestor

Readyinvestor, welcome to the forum! We'll need a little help from you before going much further. Desired International allocation: 20% of stocks (I have seen 20-40% numbers, I keep coming back to 20%). The discussions of 20% to 40% mean 20% to 40% of the stock allocation . If you use a 70% stock al...
by retiredjg
Tue Sep 19, 2017 6:31 am
Forum: Investing - Help with Personal Investments
Topic: 23 y/o looking for investing advice
Replies: 1
Views: 215

Re: 23 y/o looking for investing advice

AT 23, it is easy to say you want a very risky portfolio. But it is not necessary to do that and when the bad times come, it's not much fun. Better to just have a bit of bonds in there from the start - a portfolio with a bit of bonds is a better portfolio in my opinion. I'd pick the most aggressive ...
by retiredjg
Tue Sep 19, 2017 5:42 am
Forum: Investing - Help with Personal Investments
Topic: How to allocate between 401k with expensive fees + Vangaurd
Replies: 32
Views: 1562

Re: How to allocate between 401k with expensive fees + Vangaurd

What VG bond fund do you prefer, if I were to put one into my roth? My go-to bond fund is a Total Bond Index and it should be fine in the Roth IRA. I made some edits to my allocations and portfolio holdings over the last week. Right now I have: Fund Name Amount % of Total Taxable VGTSX Vanguard Tot...
by retiredjg
Mon Sep 18, 2017 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Retiree Roth Withdrawals
Replies: 10
Views: 1121

Re: Retiree Roth Withdrawals

There are times in retirement when withdrawing from Roth, which does not add to taxable income, is handy even though most of your income comes from something other than Roth. There are no hard and fast rules. Having more than 1 kind of account gives you flexibility. Don't lock in your thinking that ...
by retiredjg
Mon Sep 18, 2017 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: math on determining rebalancing bands?
Replies: 6
Views: 417

Re: math on determining rebalancing bands?

5% bands on broad asset classes is just fine. It means your stock to bond ratio might wander from 55%/45% to 65%/35%. That is 5% up or down from your target of 60/40. That's enough room to keep your risk level about the same without having to rebalance very frequently. Your international allocation ...
by retiredjg
Mon Sep 18, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Advise on what to do with additional savings
Replies: 26
Views: 2224

Re: Advise on what to do with additional savings

It appears your situation is in transit. Just general all round advice.... You have a lot of debt but none of it is really high interest rate and you apparently do/will have good income. As a minimum, you want to fill two work plans (401k, 403b, etc) when they are available before considering paying...
by retiredjg
Mon Sep 18, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Advise on what to do with additional savings
Replies: 26
Views: 2224

Re: Advise on what to do with additional savings

What is the best way to avoid the capital gains tax? 12% to 14% a year is a good return. Nevertheless, if you are paying an advisor fee and/or a high expense ratio on that fund, I'd get rid of it. It appears that fund is not in an IRA or 401k or 403b so it is probably in a taxable account. If you s...
by retiredjg
Mon Sep 18, 2017 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Investment and Portfolio Advice
Replies: 8
Views: 824

Re: Investment and Portfolio Advice

I was thinking about the gains from the taxable account. But now that I think about, those should be unrealized so it wouldn't have an impact. And any dividends would be re-invested so that shouldn't count either, correct? Dividends and capital gains distributions are taxable every year whether rei...
by retiredjg
Mon Sep 18, 2017 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Getting over emotional attachment to house
Replies: 70
Views: 5391

Re: Getting over emotional attachment to house

Since you have 10 years till retirement, you have lots of time for an answer to present itself....as they often do. So while considering this move is fine, I certainly would not worry about it. The decision may be much easier in 10 years than you think. I also think most people should do nothing thi...
by retiredjg
Mon Sep 18, 2017 6:18 am
Forum: Investing - Help with Personal Investments
Topic: How to allocate between 401k with expensive fees + Vangaurd
Replies: 32
Views: 1562

Re: How to allocate between 401k with expensive fees + Vangaurd

...you said you wouldn't hold a bond in your taxable account. I figure if it's a tax exempt bond, it wouldn't be a problem. My 401k has pretty much nothing good except the 500 index. A tax exempt bond in taxable is not a "problem", but it is not a good choice for your entire bond allocation in my o...
by retiredjg
Mon Sep 18, 2017 6:06 am
Forum: Investing - Help with Personal Investments
Topic: Advise on what to do with additional savings
Replies: 26
Views: 2224

Re: Advise on what to do with additional savings

I have not contributed in 5 years, and the total balance went from 54k to 72k in less than 3 years, but I never spent time to break down the numbers. I do plan to transfer the account to a brokerage in the next few weeks. If the account went from 54k to 72k, my math indicates that is a 33% increase...
by retiredjg
Sun Sep 17, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Advise on what to do with additional savings
Replies: 26
Views: 2224

Re: Advise on what to do with additional savings

beth65 wrote:
Sun Sep 17, 2017 1:39 pm
Spouse wants to invest in more ETF’s, I am questioning if we need further diversification than just stock/bond/international mix.
These things are not mutually exclusive. Maybe you could tell us more about what this means.
by retiredjg
Sun Sep 17, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Advise on what to do with additional savings
Replies: 26
Views: 2224

Re: Advise on what to do with additional savings

How much are you saving each year and in what types of accounts?
by retiredjg
Sun Sep 17, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: 401a and 457: Read Guide to Investing - Now what
Replies: 13
Views: 601

Re: 401a and 457: Read Guide to Investing - Now what

It does have access to FSTVX (Fidelity Total Market Index Fund - ER 0.035%) Is this what you mean by "total fund"? Sorry, I should have been more clear. I was talking about Fidelity's Total International Index, not their International Index which does not cover/include everything possible. Similar ...
by retiredjg
Sun Sep 17, 2017 10:28 am
Forum: Investing - Help with Personal Investments
Topic: 401a and 457: Read Guide to Investing - Now what
Replies: 13
Views: 601

Re: 401a and 457: Read Guide to Investing - Now what

Your 457 documentation should tell you if it is governmental or non-governmental. Since you do not mention also having access to a 403b, I suspect it might be governmental. You are correct that your money in a non-governmental 457 is subject to your employer's creditors. This is true until you withd...
by retiredjg
Sun Sep 17, 2017 8:24 am
Forum: Personal Consumer Issues
Topic: point and shoot digital cameras
Replies: 22
Views: 1481

Re: point and shoot digital cameras

I"ve found Canon Power Shots to be easy, reliable, and not too expensive. My current one is an ELPH model, but things have probably changed since I bought.
by retiredjg
Sun Sep 17, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401(K) Reallocation Question
Replies: 4
Views: 336

Re: Fidelity 401(K) Reallocation Question

It's difficult to figure out what you have. See the format in the link at the bottom of this message for how to present your overall portfolio. You might get more help that way.
by retiredjg
Sun Sep 17, 2017 7:55 am
Forum: Personal Consumer Issues
Topic: Vanguard customer service/technology = "Bad returns in Bad times"
Replies: 37
Views: 2503

Re: Vanguard customer service/technology = "Bad returns in Bad times"

A reminder to those who have missed it or forgotten....some of the absolute worst portfolios we have ever seen have come from "Fidelity Advisors". I'm talking about 50 to 100 funds, overlap, lack of tax-efficiency, loads, restricted funds that can only be used with an advisor (have to be sold if you...
by retiredjg
Sun Sep 17, 2017 6:57 am
Forum: Investing - Help with Personal Investments
Topic: 401a and 457: Read Guide to Investing - Now what
Replies: 13
Views: 601

Re: 401a and 457: Read Guide to Investing - Now what

I work for a non-profit/public hospital, and yes I contribute as much as I understand I am allowed to. We previously did not max out (while paying off student loans) but realized we should take advantage of the pretax option when we had it since we would be maxed out other years. You need to find o...
by retiredjg
Sun Sep 17, 2017 6:54 am
Forum: Investing - Help with Personal Investments
Topic: 401a and 457: Read Guide to Investing - Now what
Replies: 13
Views: 601

Re: 401a and 457: Read Guide to Investing - Now what

Retiredjg: There are a total of 33 options in the 401a/457. I eliminated those with high expense ratios (some over 1%!) I can list them if that would be helpful. Are you saying that the "frontrunners for me" is a list of some of what is available in your 401k? I thought it was just funds you were i...
by retiredjg
Sun Sep 17, 2017 6:48 am
Forum: Investing - Help with Personal Investments
Topic: Investment and Portfolio Advice
Replies: 8
Views: 824

Re: Investment and Portfolio Advice

4. BlackRock MSCI ACWI ex-US IMI Index Non-Lendable Fund R (0.12%) I think this looks good, not sure how I missed this one. What do you think? Should I go with this for international and the other two I mentioned for domestic/bonds or just stick with the target fund? This is a fine international fu...
by retiredjg
Sun Sep 17, 2017 6:10 am
Forum: Investing - Help with Personal Investments
Topic: Transferring part of emergency fund into Roth IRA
Replies: 17
Views: 2033

Re: Transferring part of emergency fund into Roth IRA

I'm not sure that all of those things are even allowed or if allowed, I'm not sure I'd trust the administrators to get it right. But if you keep it simple, the plan should work for the house. By keep it simple I mean contribute the $20k or so to the after-tax account and roll it out to Roth IRA/IRA ...
by retiredjg
Sun Sep 17, 2017 5:53 am
Forum: Investing - Help with Personal Investments
Topic: Access to 401k at age 55
Replies: 12
Views: 1288

Re: Access to 401k at age 55

bb wrote:
Sat Sep 16, 2017 8:52 pm
I guess my assumption at this point is I will be doing a rollover to an IRA and then a series of ROTH conversions.
Not a bad idea, but that won't help you get access to the money any sooner. Does that work for you?
by retiredjg
Sat Sep 16, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Access to 401k at age 55
Replies: 12
Views: 1288

Re: Access to 401k at age 55

One less than ideal option is to take a full distribution and rollover what remains after you set aside the necessary funds to get you to 59 1/2, to an IRA. This retained amount will be taxable as ordinary income, but will not be subject to early distribution penalties. It may be less than ideal, b...
by retiredjg
Sat Sep 16, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Advice about portfolio, especially bonds
Replies: 21
Views: 1199

Re: Advice about portfolio, especially bonds

Just to be clear....I didn't actually say that IRAs and 401ks are different. I said the IRS has ruled on IRAs but not on 401ks. It is my opinion they are silent for a reason - they don't consider 401ks to be involved. Other people have the opposite opinion. About the bonds....if I were going to hold...
by retiredjg
Sat Sep 16, 2017 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Access to 401k at age 55
Replies: 12
Views: 1288

Re: Access to 401k at age 55

After age 59.5, that seems pretty restrictive to me. I think most plans are more flexible. But your plan is allowed to make these kinds of rules if they want.

But it is not very different from what the TSP (federal 401 like plan) does. This keeps the plan costs lower.
by retiredjg
Sat Sep 16, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Investment and Portfolio Advice
Replies: 8
Views: 824

Re: Investment and Portfolio Advice

1. I have always contributed at least the minimum for the 401k match ($6K) and have been slowly and steadily increasing. But when I look at the total ($80K), it seemed a bit low so I recently changed this to contribute the maximum annual limit ($18K). This money would have ended up in a high-yield ...
by retiredjg
Sat Sep 16, 2017 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Guidance on Index Investing
Replies: 3
Views: 520

Re: Guidance on Index Investing

Certain information is needed to answer questions like these. See the link at the bottom of this message for how to do that. Based only on the information provided, I'd use use a target fund (which is very close to a 3 fund portfolio) in both the 401k and the IRA. The taxable account is a different ...
by retiredjg
Sat Sep 16, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Advice about portfolio, especially bonds
Replies: 21
Views: 1199

Re: Advice about portfolio, especially bonds

Here's my understanding on that. We know that the IRS includes your IRAs and your spouse's IRAs when looking at wash sales. The IRS has never included (or excluded) 401k/etc. plans in this though. They have been silent. People interpret this in different ways. At least one of the larger robos (eithe...
by retiredjg
Sat Sep 16, 2017 11:42 am
Forum: Investing - Help with Personal Investments
Topic: 401a and 457: Read Guide to Investing - Now what
Replies: 13
Views: 601

Re: 401a and 457: Read Guide to Investing - Now what

Hi All, I'm new here and trying to take everything I learned from The Bogleheads Guide to Investing and make my work investments work better for me. A bit more about my situation: DINK (maybe one adopted child later, 3-5 years away) 250k combined income (him 33yo, me 35yo) <--it appears you are pro...
by retiredjg
Sat Sep 16, 2017 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Access to 401k at age 55
Replies: 12
Views: 1288

Re: Access to 401k at age 55

Seems like you are out of luck if you retire before 59.5 and don't have other assets to live on for a few years. Roll out to IRA and SEPP seems like the only choice. Be careful to fully understand the SEPP - busting a SEPP is reported to have significant penalties.
by retiredjg
Sat Sep 16, 2017 10:53 am
Forum: Investing - Theory, News & General
Topic: Transferring shares from Taxable account to Roth IRA account
Replies: 1
Views: 267

Re: Transferring shares from Taxable account to Roth IRA account

No. You have to sell them. This might be a taxable event. I would do it anyway.
by retiredjg
Sat Sep 16, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Access to 401k at age 55
Replies: 12
Views: 1288

Re: Access to 401k at age 55

It is unclear if you are still working and want the money now or working but talking about if you retire. To my knowledge, no plan is allowed to give you access to your elective deferrals before age 59.5 if you are still working. Even then, some do and some don't. The age 55 rule for 401k/etc. plans...
by retiredjg
Sat Sep 16, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: What funds would you pick if you were creating you own small business 401k?
Replies: 21
Views: 1127

Re: What funds would you pick if you were creating you own small business 401k?

Like the TSP, but with a total international.
  • 500 Index
    Extended Market Index
    Total International Index
    Total Bond Index
    Short term bond or money market
    Target Index Funds
This is all that anybody "needs". They can satisfy their "wants" (small cap value, REIT, etc.) in an IRA/Roth IRA.
by retiredjg
Sat Sep 16, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Advice about portfolio, especially bonds
Replies: 21
Views: 1199

Re: Advice about portfolio, especially bonds

I didn't read each post carefully, but I'm wondering if you are having Betterment do tax loss harvesting? If yes, you've got some possible wash sale conflicts.