Search found 65 matches

by simpatico
Sat May 27, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Investment Property - Morgage or HEL?
Replies: 3
Views: 293

Re: Investment Property - Morgage or HEL?

Thank you! So EF is emergency fund, right? The home equity loan would be on our primary residence. I don't understand why is it dangerous if we have money to pay the loan off if we needed to...
by simpatico
Sat May 27, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Investment Property - Morgage or HEL?
Replies: 3
Views: 293

Investment Property - Morgage or HEL?

Hello, investment gurus! I need collective mind input. We decided to buy an investment property. The price is about $250K. The property should bring us roughly 25K per year. We do have enough cash to pay, but then it will be all our cash (don't want to sell any assets at this time). So my questions ...
by simpatico
Mon May 22, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Options
Replies: 9
Views: 619

Re: HSA Investment Options

Great tips y'all! So what would be the short term low risk product?
by simpatico
Mon May 22, 2017 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Options
Replies: 9
Views: 619

Re: HSA Investment Options

We do use HSA to pay for current medical needs, but so far it is not much. I guess we need to start treating it as retirement savings...
by simpatico
Mon May 22, 2017 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Options
Replies: 9
Views: 619

HSA Investment Options

Hello, I'd like to invest some of my HSA money. So far I have $10,000 there. The HSA is in Fidelity account, so a lot of options are available. I need help deciding how to invest. Ideally the money have to be growing but not too risky... I'd like to keep in simple too, so one fund would be great... ...
by simpatico
Tue May 09, 2017 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a House to Participate in PGA House Rentals
Replies: 3
Views: 538

Buy a House to Participate in PGA House Rentals

Hello everybody! A friend of mine just bought a $500K house in Palm Beach Gardens, FL as an investment. She is hoping to use it as a PGA rental house. She said that those houses close to golf courses are the best investments because the monthly rentals are from $6K to $10K for a 2500 sq.ft house. I'...
by simpatico
Tue Jan 19, 2016 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Change from Full-Time Job to Part-Time
Replies: 2
Views: 455

Re: Change from Full-Time Job to Part-Time

Thank you!
Looks like if I put 50% of my paychecks into 401K -- I'll move from 25% bracket into 15%. So 15% from my remaining $25,000 will be $3750. I can't figure out how the exemptions will play into the picture...
by simpatico
Tue Jan 19, 2016 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Change from Full-Time Job to Part-Time
Replies: 2
Views: 455

Change from Full-Time Job to Part-Time

I finally decided that it is time to start a part time job. I am still going to do the same professional job, but part time and for half of the salary. The plan is to do it for 5 years while my husband still working full time. And then in five years I quit, and he will go part time. We live on my hu...
by simpatico
Tue Nov 03, 2015 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Feasibility and Action Plan
Replies: 9
Views: 1416

Re: Early Retirement Feasibility and Action Plan

OP- How do your anticipate paying for the gap years between early retirement and SS and pensions? Is that what the annuities are for? When will they begin and how much income will they produce? You haven't given much information to work with. Yes, got it - not enough data. Will go home, create a sp...
by simpatico
Tue Nov 03, 2015 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Feasibility and Action Plan
Replies: 9
Views: 1416

Re: Early Retirement Feasibility and Action Plan

Clearly, the more you can pare your expenses, the earlier you can retire. Do you really need $80K/year to live on? We live very well (by our lights) on less than half that, in a beautiful 2100+ sq ft house with a mountain view, in a desert community with all imaginable amenities. We no longer trave...
by simpatico
Tue Nov 03, 2015 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Feasibility and Action Plan
Replies: 9
Views: 1416

Re: Early Retirement Feasibility and Action Plan

Please help me put together an early retirement action plan. We are in our fifties and have low seven figures saved. Mostly as two 401Ks, and also two annuities and ROTH IRAs. We have about $200K in taxable accounts. In 10 years we are expecting moneys from SSA and a small pension. Everything is pa...
by simpatico
Tue Nov 03, 2015 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Feasibility and Action Plan
Replies: 9
Views: 1416

Early Retirement Feasibility and Action Plan

Please help me put together an early retirement action plan. We are in our fifties and have low seven figures saved. Mostly as two 401Ks, and also two annuities and ROTH IRAs. We have about $200K in taxable accounts. In 10 years we are expecting moneys from SSA and a small pension. Everything is pai...
by simpatico
Wed Jan 14, 2015 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Help to Understand How to Build Post-Retirement Income
Replies: 11
Views: 1623

Help to Understand How to Build Post-Retirement Income

There are a lot of posts about living in retirement using the savings, namely taking up to 4 % yearly for expenses. The concept is clear to me, but what is not particularly clear is how can we actually do in in reality. We are about 10 years away from retirement. We have a number of accounts, 401Ks,...
by simpatico
Thu Dec 11, 2014 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Little Help with Tax Loss Harvesting
Replies: 6
Views: 637

Re: Little Help with Tax Loss Harvesting

I already realize that I used 'Tax Harvesting' in the incorrect way. So the harvesting was when I sold TFI with the loss. Most people say that I shouldn't sell appreciated assets just to offset the loss. But in your example - may be reseting the basis to a lower point would make sense for me? Since ...
by simpatico
Thu Dec 11, 2014 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Little Help with Tax Loss Harvesting
Replies: 6
Views: 637

Re: Little Help with Tax Loss Harvesting

I am in 33% bracket, and I already have $3000 loss from previous years to use on my taxes...
So should I loss-harvest?
by simpatico
Thu Dec 11, 2014 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Little Help with Tax Loss Harvesting
Replies: 6
Views: 637

Little Help with Tax Loss Harvesting

I am planning tax loss harvesting in my taxable Schwab account. I sold TFI shares earlier this year and have $1200 loss. In the same account I have appreciated VXUS shares. The price for VXUS is down, but still shows the gain of $1200. I thought that I’ll sell all of VXUS to harvest the loss from TF...
by simpatico
Mon Nov 24, 2014 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Advise on Muni Fund or Muni ETF
Replies: 3
Views: 642

Re: Advise on Muni Fund or Muni ETF

Thank you! Would it make sense to automatically invest in two muni funds: TFI (long) and SHM (short)?
by simpatico
Mon Nov 24, 2014 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Advise on Muni Fund or Muni ETF
Replies: 3
Views: 642

Advise on Muni Fund or Muni ETF

Dear gurus! Based on my overall allocation I need to increase my bond allocation. And want to start automatic investments in muni fund or ETF in my taxable Schwab account. I checked out Vanguard’s VWLTX, and it looks good, but Schwab doesn’t allow automatic commission-free investments in that fund. ...
by simpatico
Wed Nov 19, 2014 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: After Tax Investment in 401K – Good or Bad?
Replies: 10
Views: 768

Re: After Tax Investment in 401K – Good or Bad?

Thank you so much! I'll try calling again...
So, if I will be able to roll-over to Roth - I should put allowed amount in after tax in 401k.
If not - I should just invest in taxable, right?
It doesn't make sense to accumulate after tax money in 401k, right?
by simpatico
Wed Nov 19, 2014 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: After Tax Investment in 401K – Good or Bad?
Replies: 10
Views: 768

Re: After Tax Investment in 401K – Good or Bad?

They also told me that I have to be 59.5 to transfer money out.
So I talked to an incompetent person?
by simpatico
Wed Nov 19, 2014 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: After Tax Investment in 401K – Good or Bad?
Replies: 10
Views: 768

Re: After Tax Investment in 401K – Good or Bad?

May be I talked to wrong person, but I was told that while I can take after tax money out of 401k once a monthl, but can't do a direct Roth IRA rollover to an outside account. They said I can just move after tax money to my regular bank account. And then invest in Roth. But my income doesn't allow i...
by simpatico
Wed Nov 19, 2014 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: After Tax Investment in 401K – Good or Bad?
Replies: 10
Views: 768

After Tax Investment in 401K – Good or Bad?

Dear gurus, please help me to decide whether to invest some after tax money in my 401K. We have $2500 available for investing after paying off the house, and I was going to do Mega Back-Door Roth conversion. But turned out that my 401K doesn’t allow direct roll-overs from it to Roth IRAs… I believe ...
by simpatico
Tue Oct 28, 2014 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Does Timing Matter for Mega Backdoor Roth Conversion?
Replies: 11
Views: 1356

Re: Does Timing Matter for Mega Backdoor Roth Conversion?

Sorry, out of town and didn't have access earlier...
I haven't asked if I can put after tax contributions in money market as opposed to options that are selected for the pre-tax investments. So need to investigate... Will report later...
by simpatico
Mon Oct 27, 2014 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Does Timing Matter for Mega Backdoor Roth Conversion?
Replies: 11
Views: 1356

Re: Does Timing Matter for Mega Backdoor Roth Conversion?

I contribute to 401K up to the maximum before tax. And then those after tax contributions will be in the separate account... And I guess, yes, 100% after tax. Is that what you were asking?
by simpatico
Mon Oct 27, 2014 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: Does Timing Matter for Mega Backdoor Roth Conversion?
Replies: 11
Views: 1356

Re: Does Timing Matter for Mega Backdoor Roth Conversion?

I called my 401K plan, and they said that I can transfer money out of the after tax account monthly. So I am thinking that I'll put $500 from each paycheck into money market. And transfer out on the day of the second paycheck. That should be the safest way (from the tax standpoint), right?
by simpatico
Mon Oct 27, 2014 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Does Timing Matter for Mega Backdoor Roth Conversion?
Replies: 11
Views: 1356

Does Timing Matter for Mega Backdoor Roth Conversion?

We’ve just paid off the HEL on the house and have extra $2000 to invest. We both are already doing backdoor Roth IRA conversions at the beginning of each year. Now I’d like to do a Mega backdoor conversion using our 401K accounts. Does it matter when to start? Are those conversions completely indepe...
by simpatico
Mon Sep 29, 2014 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: ING Variable Annuity - What to Do?
Replies: 3
Views: 670

Re: ING Variable Annuity - What to Do?

"Never annuitize this until the Account value exceeds the Income value and then think very carefully about doing so because the lifetime withdrawal is with more than the annuity value. Take the Income guarantee withdrawal when the guarantee period ends and remains constant." Wow, it is qu...
by simpatico
Mon Sep 29, 2014 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: ING Variable Annuity - What to Do?
Replies: 3
Views: 670

ING Variable Annuity - What to Do?

I am ashamed to admit that back in 2006 we had a very bad advisor who talked us into buying ING Variable Annuities. I know it is kind of a bad word around here…  We bought into 7% rollup base. The money are invested in ‘ING GoldenSelect Premium Plus’. I can’t even tell what it that… So sad. The mon...
by simpatico
Wed Jul 02, 2014 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Keep ETF or Pay off the Mortgage?
Replies: 10
Views: 1396

Re: Keep ETF or Pay off the Mortgage?

Wow, so many great suggestions and I still don't know what to do! :(
Looks like I should sell both funds to offset gains with losses, pay off the mortgage, buy back FTABX in Fidelity and start investing in another muni fund in Schwab...
by simpatico
Wed Jul 02, 2014 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Keep ETF or Pay off the Mortgage?
Replies: 10
Views: 1396

Keep ETF or Pay off the Mortgage?

My husband and I have two taxable accounts: with Fidelity worth $95K invested in FTABX (Fidelity Tax-free bond fund) and with Schwab $100K invested in TFI muni bond ETF. We consider those accounts to be our emergency money and don’t use them. Munis seemed to be the right choice since we are in the h...
by simpatico
Thu Jun 26, 2014 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401K Investments Selection
Replies: 4
Views: 439

Re: Help with 401K Investments Selection

Thank you so much! I wish I could tell you what is in the Fixed Fund. I called them and didn't get any meaningful answer... So the company stock is not a good option? My husband is not obligated to buy it, I just thought that it would be a good choice. I am buying company stock for my company. My co...
by simpatico
Thu Jun 26, 2014 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401K Investments Selection
Replies: 4
Views: 439

Help with 401K Investments Selection

Hello investment gurus! I need a little help with my husband’s 401K. He is 49 years old. Based on our overall portfolio we determined that we would like to have 65/35 stocks (domestic/foreign as 55/10)/bonds allocation. Currently 100% is invested in JABNX which kind of has the desired allocation. Bu...
by simpatico
Fri Jan 10, 2014 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation and Investment Advice Yet Again...
Replies: 3
Views: 417

Re: Allocation and Investment Advice Yet Again...

Thank you! Taxable accounts amount to roughly $250, the rest is tax-deferred. The funds there are: VXUS, Vanguard Institutional Index Fund Institutional Plus Shares, Vanguard International Growth Fund Admiral Shares, Vanguard Wellington Fund Admiral Shares, SWPPX, SWRSX So we need to keep 45 bods/50...
by simpatico
Fri Jan 10, 2014 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Allocation and Investment Advice Yet Again...
Replies: 3
Views: 417

Allocation and Investment Advice Yet Again...

I need allocation and investment advice! We are 56 and 48. The one who is 56 will work for another 5 years, and the one who is 48 – for another 10 years. In 10 years the one who is 56 will draw about $40K per year in Social Security and pension. The one who is 48 will wait until at least 62 to get t...
by simpatico
Tue Jan 29, 2013 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Tax Help with Backdoor Roth Conversion
Replies: 7
Views: 805

Re: Tax Help with Backdoor Roth Conversion

Thank you all so much! I feel better now... :D
by simpatico
Mon Jan 28, 2013 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Help with Backdoor Roth Conversion
Replies: 7
Views: 805

Tax Help with Backdoor Roth Conversion

In 2012 I contributed 12,000 (2011 and 2012 contributions) of the after tax dollars to my contributory IRA, and straight after that converted total amount to Roth. Yesterday I received 1099R where I have: box 1. Gross distribution $12,000 box 2a. Taxable amount $12,000 box 2b. Taxable amound not det...
by simpatico
Wed Dec 12, 2012 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Tax Free Bond Fund
Replies: 5
Views: 716

Re: Help with Tax Free Bond Fund

Well, I did some reading, may be not enough...:)) I want to invest in muni fund in a taxable account to pay avoid paying taxes on dividends. And I wanted international fund in taxable account to utilize foreign creadi if possible. Is something wrong with that strategy?
by simpatico
Wed Dec 12, 2012 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Tax Free Bond Fund
Replies: 5
Views: 716

Re: Help with Tax Free Bond Fund

Thank you! The only reason that I didn't want to include the total market stock fund is that I already have it in 401K. So I was trying to implement the allocation based on the portfolio as a whole... Thank you for the tip on TFI. It looks good. Do you have any suggestions for the international and ...
by simpatico
Wed Dec 12, 2012 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Help with Tax Free Bond Fund
Replies: 5
Views: 716

Help with Tax Free Bond Fund

Hello, I am trying to prepare for the next year tax increases. I've sold all the stocks in my Schwab brockerage account. Will increase stock exposure in my tax-deffered accounts to keep the ballance. Now I have $150000 to invest. I am looking at getting tax free bond fund for 3/4 of the money and in...
by simpatico
Fri Oct 19, 2012 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: More Taxable Investments Assistance
Replies: 4
Views: 440

Re: More Taxable Investments Assistance

Yes, I understand that I didn't provide sufficient information about other investments. Will need more time to get everything in the required format. I'll try to do it as soon as possible and get back on the forum. But so it is true - if I don't sell my stocks this year - I'll have higher capital ga...
by simpatico
Fri Oct 19, 2012 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: More Taxable Investments Assistance
Replies: 4
Views: 440

More Taxable Investments Assistance

We have 2 taxable accounts. One that has about 35 actual stocks for about $150,000. The accound used to be managed but some company, but we cancelled them few months ago. Another account has tax-free mutual fund for about $100,000. The questions are: 1. Whether to keep account with stocks, ot to sel...
by simpatico
Fri Aug 10, 2012 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Conversion to Roth and Inherited IRA
Replies: 9
Views: 1865

Re: Backdoor Conversion to Roth and Inherited IRA

Thank you so much! I did like the link on other forum, but this was posted first. When I realized that nobody is responding here - I asked in the other place... Looks like we can do the conversion. I was surprised that I shouldn't have the money grow though. Oh well...
by simpatico
Fri Aug 10, 2012 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA Help Needed
Replies: 27
Views: 2217

Re: Inherited IRA Help Needed

And also because Inherited IRAs tend to have earlier distributions than traditional IRAs, it's better to use potentially lower growth funds because Inherited IRAs are "sooner taxable" than other tax advantaged accounts That I didn't quite get. What does it mean - sooner taxable? I was thi...
by simpatico
Fri Aug 10, 2012 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA Help Needed
Replies: 27
Views: 2217

Re: Inherited IRA Help Needed

Thank you all. We'll transfer the money to Vanguard. There is another question that I asked on different board, but didn't get the answer. My husband is going to do a 'backdoor' conversion to Roth from a conventional IRA that we opened just to do a conversion. Could anybody tell me if the inherited ...
by simpatico
Fri Aug 10, 2012 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA Help Needed
Replies: 27
Views: 2217

Inherited IRA Help Needed

My husband has a $16,000 inherited IRA with Edward Jones. We have to take minimum distributions from the IRA. I think that we need to move the money from Edward Jones to Vanguard. Should we? And if so - what is the best investment option? Is it possible to cover the distribution and still have some ...
by simpatico
Fri Aug 10, 2012 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Conversion to Roth and Inherited IRA
Replies: 9
Views: 1865

Backdoor Conversion to Roth and Inherited IRA

My husband is going to do a 'backdoor' conversion to Roth from a conventional IRA that we opened just to do a conversion. He also has an inherited IRA. It is in his Mom's name with his C/O. Could anybody tell me if that IRA will cause us to incur any additional taxes during the conversion? Thank you...
by simpatico
Wed Jul 18, 2012 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: To Buy or Not To Buy a Condo
Replies: 13
Views: 6433

Re: To Buy or Not To Buy a Condo

I write to dissuade you, in strong terms, from purchasing a vacation "condo," especially in a one-season town like Colorado. I've been to Vail, Steamboat, and Telluride many times. CO is dead unless it's ski season, so out of the starting gate you've got limited opportunities to rent. Mac...
by simpatico
Wed Jul 18, 2012 10:01 am
Forum: Personal Finance (Not Investing)
Topic: To Buy or Not To Buy a Condo
Replies: 13
Views: 6433

Re: To Buy or Not To Buy a Condo

I was looking into Condo's and time shares (resell) in Colorado ski towns but when doing the math I could not make it work even with us being in a high (AMT) tax bracket. It was still cheaper to just rent via vrbo or go into a hotel for the couple skip trips we take per year. And no hassle around r...

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