Search found 26 matches

by slipp1229
Wed Mar 08, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Spousal Roth IRA when she already contributes to SEP?
Replies: 3
Views: 170

Re: Spousal Roth IRA when she already contributes to SEP?

Thanks Duckie, quick follow-up question:
We do file Married Filing Jointly ...When you say as long as "combined compensation is high enough" ... what does this mean?
Our combined AGI for 2016 is $160K... Is this high enough?
Thanks!
by slipp1229
Tue Mar 07, 2017 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Spousal Roth IRA when she already contributes to SEP?
Replies: 3
Views: 170

Spousal Roth IRA when she already contributes to SEP?

Searched BH.org for this particuliar situation and nothing came up.... Here goes I have always maxed out my Roth IRA for the last 10 years. My wife has always contributed to a SEP IRA for her small business for the write off. I am the main breadwinner with a joint/married AGI of $160K. Both of us ar...
by slipp1229
Sun Mar 05, 2017 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice from David Stockman?
Replies: 9
Views: 1612

Re: Investment Advice from David Stockman?

Agreed ... No actionable advice ... just observations.
Although this is typical of most "Economist". They observe and comment, not advise.
It is too easy to say Buy Gold/Silver..... :confused :confused
by slipp1229
Sat Mar 04, 2017 11:44 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice from David Stockman?
Replies: 9
Views: 1612

Re: Investment Advice from David Stockman?

I notice David Stockman has become very post Trump election vocal again (Fox, CNN etc) This is a very timely topic, because he is not just another perma-bear who is promoting gold. Although ... he is selling his name for $ on his website... which is a credibility killer in my opinion.... That aside ...
by slipp1229
Sun Feb 12, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: When to Convert Multiple IRA to Roths? Before or after retiring?
Replies: 21
Views: 1224

Re: When to Convert Multiple IRA to Roths? Before or after retiring?

"OK, so one last grand market timing move and then swear it off forever, gotcha... :)"

Wiz,
LOL ... I guess so :wink:
by slipp1229
Sun Feb 12, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: When to Convert Multiple IRA to Roths? Before or after retiring?
Replies: 21
Views: 1224

Re: When to Convert Multiple IRA to Roths? Before or after retiring?

Side question for the OP: why are all your IRAs in the Vanguard money market fund earning nothing? Wiz Yup ... stupid "market timing" move I made during the last market decline. :oops: Now with the market at all time high, I am waiting until the next 10-20% market decline occurs (2017 :?:...
by slipp1229
Sun Feb 12, 2017 10:25 am
Forum: Investing - Help with Personal Investments
Topic: When to Convert Multiple IRA to Roths? Before or after retiring?
Replies: 21
Views: 1224

Re: When to Convert Multiple IRA to Roths? Before or after retiring?

You could withdraw from (instead of convert to Roth) the traditional IRA for living expenses instead of taking the pension. Whether that makes sense depends on the absolute pension amount (to which the $2400/yr would be compared), etc. 5K Not sure I understand the strategy here? Upon retiring ... W...
by slipp1229
Fri Feb 10, 2017 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: When to Convert Multiple IRA to Roths? Before or after retiring?
Replies: 21
Views: 1224

Re: When to Convert Multiple IRA to Roths? Before or after retiring?

Yes, I can delay taking my pension until the "Full Retirement" age of 63 ... but the additional $ impact is only $200 more a month. But, I see why you are asking... If I delay taking my pension now, I could convert a higher $ amount and stay within 15% tax window. Unfortunately, I will nee...
by slipp1229
Tue Jan 17, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: When to Convert Multiple IRA to Roths? Before or after retiring?
Replies: 21
Views: 1224

Re: When to Convert Multiple IRA to Roths? Before or after retiring?

Amounts converted get added to your AGI and thus to your taxable income, so be sure you are thinking about that when thinking about $75,000. Thanks livesoft ... Although I don't like the answer :oops: My whole goal was to convert the entire Traditional IRA $ amount at my new lower (retired) tax rat...
by slipp1229
Tue Jan 17, 2017 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: When to Convert Multiple IRA to Roths? Before or after retiring?
Replies: 21
Views: 1224

When to Convert Multiple IRA to Roths? Before or after retiring?

This is my real life numbers ... short and sweet: Trad. IRA #1 all in VG MM. $110,000 Trad. IRA #2 " " " " $159,000 ROTH IRA " " " " $120,000 - I retire in one month. Current tax rate 25%. - In Retirement: Pension and all other income sources I will try to kee...
by slipp1229
Sat Oct 08, 2016 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Best Calculator for Defined Pension Options??
Replies: 7
Views: 771

Re: Best Calculator for Defined Pension Options??

Sorry for the confusion ... - The Plan I am under is a Defined Benefit Pension ie: I do not contribute to my pension plan... employer pays all. - When I said "play with different payout scenarios" I meant a calculator that I could enter different ages where I might die and it would auto ca...
by slipp1229
Sat Oct 08, 2016 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Best Calculator for Defined Pension Options??
Replies: 7
Views: 771

Best Calculator for Defined Pension Options??

Hello Bogleheads! I have searched the "Pension Calculator" related topics on BH ... but could not find a post that specifically addresses this question ... I retire in 4 months and need to choose a pension payout option for my employers Defined Contribution Plan. It is the typical pension ...
by slipp1229
Wed Aug 03, 2016 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Is my IRA really an IOU to the IRS??
Replies: 58
Views: 6549

Re: Is my IRA really an IOU to the IRS??

- Spouse never employed
- All $'s shown are my and her combined assets.
- Pension starts April 2017 (month after I retire)
by slipp1229
Wed Aug 03, 2016 6:35 am
Forum: Investing - Help with Personal Investments
Topic: Is my IRA really an IOU to the IRS??
Replies: 58
Views: 6549

Re: Is my IRA really an IOU to the IRS??

Wow... I'm somewhat overwhelmed by the array of answers! Thanks! :D My situation going into Retirement: Status Married (to retire in 6 months at 59) no debt Total savings: $1.8MM 401K: $1.1MM tIRA: $.2MM Roth: $.1MM Taxable & Cash: $.4MM Retirement Income Pension: $30,000/yr SS: $24,000/yr (assu...
by slipp1229
Tue Aug 02, 2016 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: Is my IRA really an IOU to the IRS??
Replies: 58
Views: 6549

Is my IRA really an IOU to the IRS??

A quick Retirement Planning question to the Boglehead community : As I approach early retirement at age 59 in 6 months, I was wondering if there is anything that could be done now (pre-retirement) with my sizeable Regular IRA's to lessen the tax burden when I finally start cashing them in many reti...
by slipp1229
Sat Jul 30, 2016 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring in 6 months ...Why should I pay $13,500/year to a Financial Advisor?
Replies: 43
Views: 5033

Re: Retiring in 6 months ...Why should I pay $13,500/year to a Financial Advisor?

Well .... It is unanimous! I should forget the AUM advisor. Maybe I should have expected that answer from the learned Boglehead community. I will use a trusted CPA for tax preparation and advice on a "as needed" basis... and when a retirement question arises... look here for the answer. :...
by slipp1229
Sat Jul 30, 2016 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Retiring in 6 months ...Why should I pay $13,500/year to a Financial Advisor?
Replies: 43
Views: 5033

Retiring in 6 months ...Why should I pay $13,500/year to a Financial Advisor?

During the accumulation phase of my life I have always managed my own investments. Now that I will be retiring early (age 59) in 6 months, I have been talking to some Financial Advisors who specialize in Retirement Planning and their annual fees seem to range in the .75% to 1.25% range for my accoun...
by slipp1229
Wed Jul 27, 2016 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Building a Bond Ladder in VG Brokerage Acct
Replies: 6
Views: 700

Building a Bond Ladder in VG Brokerage Acct

I have a problem... Have way too much cash sitting in my VG brokerage acct that I would like to build a Bond Ladder with. This is in preparation for retirement in 6 months with a goal to generate monthly income. I've read Swedroe and others. Questions: 1) Can I buy/sell individual bonds in my VG bro...
by slipp1229
Mon Jul 25, 2016 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirees, how much did you leave on the table?
Replies: 202
Views: 16633

Re: Early retirees, how much did you leave on the table?

I too am going to retire early in 6 months (age 59)... A VERY easy and envious decision for all you guys/gals with a remaining working spouse. :beer I don't have that luxury. Wife never has worked outside the home. I hope the $2MM I have saved ($1.65MM after tax if cashed in now) will be enough to m...
by slipp1229
Sun Jul 10, 2016 10:55 am
Forum: Investing - Help with Personal Investments
Topic: When are 401k fees too high?
Replies: 20
Views: 1272

Re: When are 401k fees too high?

That expense ratio of 1.6% on the VG S&P 500 Index Fund does not make sense to me? :confused I have the exact same fund in my 401K plan at work (also managed by Voya) and the expense is just .04%. Is there another fee your company might be adding on?

Slipp
by slipp1229
Sun Sep 01, 2013 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring in 3 years and sitting on 85% cash since 2008
Replies: 75
Views: 8674

Re: Retiring in 3 years and sitting on 85% cash since 2008

Wow! ... What a great bunch of responses/people. Thanks!. I will carefully review each of your situations and decide which works best for me. My only reservation now is "timing". I feel waiting until the next equities correction takes place might be wise before jumping in with 50% ... but ...
by slipp1229
Sat Aug 31, 2013 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring in 3 years and sitting on 85% cash since 2008
Replies: 75
Views: 8674

Re: Retiring in 3 years and sitting on 85% cash since 2008

Joe, All
We must talk ... Thanks. I love detail.
Do you know of a BH topic focused on just this topic?
I need direction being a newbie to this fantastic source of retirement information.
Slipp
by slipp1229
Sat Aug 31, 2013 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring in 3 years and sitting on 85% cash since 2008
Replies: 75
Views: 8674

Re: Retiring in 3 years and sitting on 85% cash since 2008

Great feedback... Thanks
If the majority of 55+ year old BH's are 50% or less in equities... what is the the other 50% of your retirment funds in?
Cash, Annuities, Saving Acct... making .1% ?
Thanks
Slipp
by slipp1229
Sat Aug 31, 2013 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring in 3 years and sitting on 85% cash since 2008
Replies: 75
Views: 8674

Re: Retiring in 3 years and sitting on 85% cash since 2008

Yes, I know the Market has been doing well for the last 3-4 years... I have always been 90% in stocks since 1980, so have made a great deal of money. But.... Then 2000 happened and then the "Big One" 2007-8-9". As I approach retirement, there is no room for 40-50% losses in my retirem...
by slipp1229
Sat Aug 31, 2013 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring in 3 years and sitting on 85% cash since 2008
Replies: 75
Views: 8674

Re: Retiring in 3 years and sitting on 85% cash since 2008

Thanks for the fast responses.... looking forward to more! This is great. I have been researching the Indexed (Hybrid) annuities and thought laddering 3 or 4 $100K Hybrids might provide a cash stream into my 60's. I just don't like the 7-10 year holding period before you can exercise this rider prof...
by slipp1229
Sat Aug 31, 2013 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring in 3 years and sitting on 85% cash since 2008
Replies: 75
Views: 8674

Retiring in 3 years and sitting on 85% cash since 2008

First post, great site! I am going to leave the grindstone in 3 years max. Liquidated 90% of my equities assets after recovering most of my 2007-09 losses. Back in 2007-08, I was 90% equities. Ouch... Learned my lesson the hard way. Even had 75% of that sizeable money with high paid "profession...

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