Search found 56 matches

by msheald
Sun Oct 13, 2019 7:24 am
Forum: Personal Consumer Issues
Topic: 1 week camping tour, Phoenix-El Paso, suggestions?
Replies: 21
Views: 1364

Re: 1 week camping tour, Phoenix-El Paso, suggestions?

Hello! White Sands is unique and east of Las Cruces, NM, though it may be a little out of your way depending on how you are getting to El Paso through New Mexico. Best regards.

Mike
by msheald
Thu Sep 19, 2019 9:55 am
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 9773

Re: Do You Tip At Counter Service Restaurants?

Hello! I used to tip zero when I pick up the meal and do not expect table service. However, I read a piece by a food critic that has caused me to rethink what I do. His point was that these types of restaurants have low margins and can easily go out of business. He suggested tipping up to 10% at suc...
by msheald
Sat Jul 13, 2019 7:25 am
Forum: Personal Consumer Issues
Topic: Company not addressing my dad's health condition
Replies: 29
Views: 3112

Re: Company not addressing my dad's health condition

Hello! As noted above, the key is "reasonable accomodation," according to the ADA. If all his colleagues are working the same hours, then he would be expected to work such as part of his job duties. If you feel that he is being singled out, and that other similar employees are not being asked to wor...
by msheald
Fri Mar 08, 2019 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Correcting Improperly Handled Inherited IRA - Suggestions Requested
Replies: 4
Views: 536

Re: Correcting Improperly Handled Inherited IRA - Suggestions Requested

Thank you! I especially appreciate the guidance about the possible tax on gifts over $15,000 and that using form 709 can roll that amount into the lifetime limit so that there would not be any immediate tax consequences. Best regards.

Mike
by msheald
Thu Mar 07, 2019 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Correcting Improperly Handled Inherited IRA - Suggestions Requested
Replies: 4
Views: 536

Correcting Improperly Handled Inherited IRA - Suggestions Requested

Hello! I would like guidance on how to handle an IRA from my father that was not managed properly when he died in 2018. First, let me say that the siblings are consulting a tax specialist. However, I would appreciate folk's impressions on what out options are. My father had a $500,000 estate. Unbekn...
by msheald
Sun Sep 02, 2018 8:02 am
Forum: Personal Investments
Topic: Vanguard Mutual Fund Safety vs. Brokerage Fund SIPC/Lloyd's Insurance
Replies: 15
Views: 1141

Re: Vanguard Mutual Fund Safety vs. Brokerage Fund SIPC/Lloyd's Insurance

Thank you, all, for your responses! Since there is no advantage to me to consolidate my two Vanguard Mutual fund account and brokerage account, I wanted to see if there was any risk to doing so. If there is no advantage, but also no risk, then it is a wash. And switching to a consolidated account ma...
by msheald
Sat Sep 01, 2018 1:57 pm
Forum: Personal Investments
Topic: Vanguard Mutual Fund Safety vs. Brokerage Fund SIPC/Lloyd's Insurance
Replies: 15
Views: 1141

Re: Vanguard Mutual Fund Safety vs. Brokerage Fund SIPC/Lloyd's Insurance

Hello! The threads suggested that any mutual funds held in a brokerage account would be protected by SIPC, so the entire value of the account (mutual funds, stocks, etc.) would be protected to an aggregate of $500,000. Is this a correct understanding? It appears that Vanguard has obtained insurance ...
by msheald
Sat Sep 01, 2018 12:17 pm
Forum: Personal Investments
Topic: Vanguard Mutual Fund Safety vs. Brokerage Fund SIPC/Lloyd's Insurance
Replies: 15
Views: 1141

Re: Vanguard Mutual Fund Safety vs. Brokerage Fund SIPC/Lloyd's Insurance

Thank you! As of now and for the foreseeable future, I have a choice on the type of account for my fundws. I've read the many of the posts on the transition from mutual fund to brokerage fund. The one question I have that was not discussed much is the risk to my portfolio should Vanguard or Lloyds g...
by msheald
Sat Sep 01, 2018 9:17 am
Forum: Personal Investments
Topic: Vanguard Mutual Fund Safety vs. Brokerage Fund SIPC/Lloyd's Insurance
Replies: 15
Views: 1141

Vanguard Mutual Fund Safety vs. Brokerage Fund SIPC/Lloyd's Insurance

Hello! My wife and I have had mutual fund accounts with Vanguard for 30 years- 2 IRA, 2 Roth, and one taxable account - all index funds. Recently, we sold our house, and opened a Vanguard brokerage account so that I could roll the proceeds into a 3-year Treasury till we need it to purchase our next ...
by msheald
Fri Jul 27, 2018 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: 2-Year Tour in NM - Any Reason to Stay a Virginia Resident?
Replies: 5
Views: 983

Re: 2-Year Tour in NM - Any Reason to Stay a Virginia Resident?

Thank you, all, for your responses. Best regards.

Mike
by msheald
Wed Jul 25, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: 2-Year Tour in NM - Any Reason to Stay a Virginia Resident?
Replies: 5
Views: 983

2-Year Tour in NM - Any Reason to Stay a Virginia Resident?

Hello! My wife and I are currently Virginia Residents. We will move to New Mexico for her work for 2 to 3 years, after which she plans to retire. I retired in January of 2018. After she retires, we may move back to Virginia, though TN and NC are possible. NM has has slightly lower income tax than Vi...
by msheald
Wed Mar 21, 2018 8:03 am
Forum: Personal Investments
Topic: Suggestions for Paying Tax on Annuities with Wife Still Working?
Replies: 3
Views: 398

Suggestions for Paying Tax on Annuities with Wife Still Working?

Hello! I recently retired, and I am trying to decide how to handle periodic tax payments. When both my wife and I were working, we withheld enough tax from our paychecks to cover taxes owed from pay and our taxable savings accounts - interest, dividends, etc. Since out accounts are stable, we were a...
by msheald
Fri Mar 09, 2018 6:53 am
Forum: Personal Finance (Not Investing)
Topic: Time Frame for OPM to Process New Federal Retirement?
Replies: 1
Views: 300

Time Frame for OPM to Process New Federal Retirement?

Hello! I retired two months ago from Federal Service. I should be receiving my first annuity check about now.

Just checking other Bogleheads' experience as federal retirees with OPM at this time. How long did the process take? What was our experience in getting things set up? Thank you.

Mike
by msheald
Mon Jan 08, 2018 9:28 am
Forum: Personal Consumer Issues
Topic: How to learn creative writing?
Replies: 23
Views: 1872

Re: How to learn creative writing?

Hello! Gotham Writers Workshop has a number of on-line and in-person courses. https://www.writingclasses.com/ Writer's Digest is another. http://www.writersdigest.com/ Some of it depends on the type of writing that you would like to do. Authors in different genres will have their own on-line teachin...
by msheald
Tue Nov 21, 2017 3:28 pm
Forum: Personal Investments
Topic: How to weight Risk:Return for AA in Thrift G fund vs. F Fund?
Replies: 8
Views: 1021

Re: How to weight Risk:Return for AA in Thrift G fund vs. F Fund?

Hello! Perhaps I'm reading the Thrift table wrong? Each year, the F fund seems to outperform the G fund by an average of 2%. Or does this include share price appreciation as well as interest rate return? Best regards.

Mike
by msheald
Sun Nov 19, 2017 7:29 am
Forum: Personal Investments
Topic: How to weight Risk:Return for AA in Thrift G fund vs. F Fund?
Replies: 8
Views: 1021

How to weight Risk:Return for AA in Thrift G fund vs. F Fund?

Hello! I've been reading the posts on Thrift G fund vs. Fund fund with interest. Many folks seem to feel that the negligible risk of G fund is important. A few try to risk adjust the returns of the G fund and F fund so that a person can accurately risk adjust the asset allocation held in a portfolio...
by msheald
Mon Nov 06, 2017 5:08 pm
Forum: Personal Investments
Topic: How to Handle Rebalancing, AA, and Withdrawals during Retirement?
Replies: 3
Views: 713

How to Handle Rebalancing, AA, and Withdrawals during Retirement?

Hello! I'll start to withdraw money from my retirement funds in about 2 years. I have a 70/30 AA between general bond and stock funds in both taxable and tax deferred acounts. I plan to rebalance once a year if +/- 5% from the 70/30 balance. I plan to withdraw 3% a year from my accounts. According t...
by msheald
Sat Aug 19, 2017 4:57 pm
Forum: Personal Investments
Topic: Timing of Converting Taxable Stock Fund to Bond Fund for Retirement
Replies: 8
Views: 1162

Re: Timing of Converting Taxable Stock Fund to Bond Fund for Retirement

Thank you all for your replies. To be frank, one situation I'm concerned about is that there would be a significant increase in long term capital gains tax in 4 years. In addition to managing my AA, I'm wondering about paying the tax now in order to lock in the 15%. and then purchasing the stock fun...
by msheald
Sat Aug 19, 2017 5:51 am
Forum: Personal Investments
Topic: Timing of Converting Taxable Stock Fund to Bond Fund for Retirement
Replies: 8
Views: 1162

Timing of Converting Taxable Stock Fund to Bond Fund for Retirement

Hello! I am wondering if there is an advantage of when to convert a taxable stock fund to a bond fund. I will retire in 2018. I have a Vanguard taxable stock fund with about $500,000 of long-term capital gains, and I would like to convert most of it to a bond fund in order to be more conservative. W...
by msheald
Sun Jul 16, 2017 10:09 am
Forum: Personal Consumer Issues
Topic: Rent or Buy in Las Cruces, NM
Replies: 12
Views: 1784

Re: Rent or Buy in Las Cruces, NM

Thank you for your replies. I appreciate them. Best regards.

Mike
by msheald
Sun Jul 16, 2017 6:23 am
Forum: Personal Consumer Issues
Topic: Rent or Buy in Las Cruces, NM
Replies: 12
Views: 1784

Rent or Buy in Las Cruces, NM

Hello! My organization has asked me to consider a 3-year assignment in Las Cruces. I would appreciate guidance of factors to consider as to whether my wife and I should rent or buy a house there. The market seems cool to luke-warm, though houses may stay on the market for 60 days or more if we buy a...
by msheald
Sun Jul 16, 2017 6:10 am
Forum: Investing - Theory, News & General
Topic: Taxes Due When Converting International to US Stock Fund?
Replies: 13
Views: 1353

Re: Taxes Due When Converting International to US Stock Fund?

Hello! Thank you all for your comments. This is a taxable account. I have not identified the tax situation for converting to a US stock fund. I've had the Vanguard funds for years, so. since taxes will be owed, I'll evaluate the tax consequences carefully before performing any fund transfers. Thank ...
by msheald
Sat Jul 15, 2017 5:33 am
Forum: Investing - Theory, News & General
Topic: Taxes Due When Converting International to US Stock Fund?
Replies: 13
Views: 1353

Taxes Due When Converting International to US Stock Fund?

Hello! I am considering selling my Vanguard international stock fund and moving the money immediately to a US total market stock fund. Would this move be considered between two substantially equivalent funds so that tax would not be due? Or would they be considered different by the IRS and tax due? ...
by msheald
Sun Jun 04, 2017 6:37 am
Forum: Personal Investments
Topic: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?
Replies: 49
Views: 4604

Re: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?

Hello! Thank you all for your comments. I appreciate them. As far as taxes, I plan to move funds from stocks to bonds in my IRAs so that taxes will be deferred. I have a high risk tolerance. I was 90% in equities in 2008. I kept the course then, and I did not cash out. However, any new money I put i...
by msheald
Sat Jun 03, 2017 6:02 am
Forum: Personal Investments
Topic: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?
Replies: 49
Views: 4604

Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?

Hello! My portfolio is roughly 70/30 between stocks and bonds in taxable and tax-free accounts. I want to convert to 30/70 for stability in retirement. With the recent stock run-up, I have nearly met my goal for portfolio value that would trigger the change in stock/bond allocation. What are the adv...
by msheald
Sun Mar 12, 2017 3:49 pm
Forum: Investing - Theory, News & General
Topic: Estimated Quarterly Tax Payments and Capital Gains Distributions
Replies: 8
Views: 1251

Estimated Quarterly Tax Payments and Capital Gains Distributions

Hello! As I begin retirement planning, I am wondering how to handle estimated quarterly tax payments. I will receive interest, dividends, and capital gains on my funds. It appears that if I do not pay sufficient estimated quarterly tax, I would pay a penalty. How are capital gains handled when payin...
by msheald
Sun Jan 22, 2017 2:51 pm
Forum: Personal Investments
Topic: What to do with Passive Rental Loss?
Replies: 9
Views: 3225

Re: What to do with Passive Rental Loss?

Hello! Thank you for your response. I am unsure what happens to the passive losses when they are freed when we sell our house. Do they disappear? Are they continued to be brought forward to be used against possible other passive income? Does it offset any appreciation of the house when we sell it? W...
by msheald
Sun Jan 22, 2017 6:51 am
Forum: Personal Investments
Topic: What to do with Passive Rental Loss?
Replies: 9
Views: 3225

What to do with Passive Rental Loss?

Hello! We worked overseas for several years and accumulated $25,000 of passive loss when we rented our house out during that time. When we returned, we have been living in our house and it is our primary residence once again.We don't have any source of passive income. My understanding is that the pa...
by msheald
Wed Dec 21, 2016 10:52 am
Forum: Investing - Theory, News & General
Topic: What are teh Advanages of Roth Conversion after Retirement?
Replies: 7
Views: 995

What are teh Advanages of Roth Conversion after Retirement?

Hello! I've been running different scenarios for retirement with i-OPR. I am wondering about IRA to Roth conversions after retirement. My tax bracket will not change in retirement - 28% top bracket. Would there be advantages to IRA to Roth conversion in this case? It appears that Roth conversion wou...
by msheald
Sun Dec 18, 2016 7:59 am
Forum: Personal Investments
Topic: Optimal Retirement Planner and Early IRA Withdrawals
Replies: 0
Views: 304

Optimal Retirement Planner and Early IRA Withdrawals

Hello! One final question about OPR. I am modeling retiring at age 58. OPR seems to model equal IRA withdrawals to age 59 rather than for 5 years, which is my understanding of the requirement. The tax deferred withdrawal shows about twice as much at age 58 and 59 as for 60 to 65 after which it drops...
by msheald
Sat Dec 17, 2016 7:10 pm
Forum: Personal Investments
Topic: Question about Optimal Retirement Planner and Asset Allocation
Replies: 2
Views: 553

Re: Question about Optimal Retirement Planner and Asset Allocation

Thank you for the update! I ran several scenarios with the different AAs, but I was wondering if the program might automatically handle it. Best regards.

Mike
by msheald
Sat Dec 17, 2016 4:24 pm
Forum: Personal Investments
Topic: Question about Optimal Retirement Planner and Asset Allocation
Replies: 2
Views: 553

Question about Optimal Retirement Planner and Asset Allocation

Hello! I've run several withdrawal analyses with OPR, and I have a question about asset allocation. I have savings between divided between Roth, traditional IRA, and taxable accounts. I wanted to run the analysis with a 70/30 bond/stock AA with rebalancing each year (preferably with 1% change each y...
by msheald
Wed Nov 23, 2016 3:15 pm
Forum: Investing - Theory, News & General
Topic: Why International Stocks
Replies: 73
Views: 11833

Re: Why International Stocks

Thank you all for your insights.

Mike
by msheald
Tue Nov 22, 2016 7:11 pm
Forum: Investing - Theory, News & General
Topic: Why International Stocks
Replies: 73
Views: 11833

Why International Stocks

Hello! As I approach retirement, I am making final adjustments to my asset allocation. I have had some Vanguard international stock funds over the years, but I am considering only US bond and Stock funds in retirement. For the last several years, it appears that international stocks correlate with U...
by msheald
Fri Nov 27, 2015 5:23 pm
Forum: Personal Investments
Topic: Alternate Withdrawal Stragety to Constant Percentage
Replies: 3
Views: 977

Re: Alternate Withdrawal Stragety to Constant Percentage

Thank you for your replies. Best regards.

Mike
by msheald
Thu Nov 26, 2015 8:58 am
Forum: Personal Investments
Topic: Alternate Withdrawal Stragety to Constant Percentage
Replies: 3
Views: 977

Alternate Withdrawal Stragety to Constant Percentage

Hello! I like the alternate withdrawal strategy that Bogleheads describes for constant percentage (https://www.bogleheads.org/wiki/Withdrawal_methods). The example is for a 70/30 stock/bond allocation, keeping 7-1/2 years in bonds and transferring 6% of the stock portfolio each year to the bond port...
by msheald
Wed Nov 25, 2015 6:47 pm
Forum: Personal Investments
Topic: Will Distribtuions from my 401(a) be Taxable?
Replies: 3
Views: 594

Re: Will Distribtuions from my 401(a) be Taxable?

Thank you! I was wondering if the earnings were taxed even though the contributions are after-tax dollars. Best regards.

Mike
by msheald
Tue Nov 24, 2015 7:45 pm
Forum: Personal Investments
Topic: Will Distribtuions from my 401(a) be Taxable?
Replies: 3
Views: 594

Will Distribtuions from my 401(a) be Taxable?

Hello! As a government employee, I fully fund my Thrift plan. I also contribute as much as I can to my 401(a). I believe that Thrift contributions are before tax, so all distributions are taxable. I believe that the 401(a) contributions are after tax. Is a 401(a) treated like a Roth in that gains, e...
by msheald
Wed Nov 18, 2015 11:56 am
Forum: Personal Investments
Topic: After Tax Contributions to tIRA Rollover to Roth?
Replies: 7
Views: 1209

Re: After Tax Contributions to tIRA Rollover to Roth?

Thanks! Turbotax included the appropriate forms for the non-deductible IRA contributions when I filed each year and keeps track of the basis, I need to go back to verify them all. I'll keep the funds in Vanguard stock index funds for now. Over the next couple of years before I retire, I plan on conv...
by msheald
Tue Nov 17, 2015 1:11 pm
Forum: Personal Investments
Topic: After Tax Contributions to tIRA Rollover to Roth?
Replies: 7
Views: 1209

Re: After Tax Contributions to tIRA Rollover to Roth?

Hello! It looks like my best course would be to rollover the pre-tax portion of my IRA into my employer's plan (a good plan). Then, I can roll over the after-tax amount to my Roth IRA. One question - how are the gains from the non-deductible contributions handled? For example, consider a traditional...
by msheald
Sun Nov 08, 2015 6:49 am
Forum: Personal Investments
Topic: After Tax Contributions to tIRA Rollover to Roth?
Replies: 7
Views: 1209

After Tax Contributions to tIRA Rollover to Roth?

Hello! For several years, I have made after tax contributions to my tIRA (Vanguard Index funds) since my income is above the Roth IRA limits. I am 56. It looks like I can make a lump sum roll over the after tax contributions to my Roth IRA and leave any earnings in the tIRA. It does not appear that ...
by msheald
Sun Nov 01, 2015 6:13 am
Forum: Investing - Theory, News & General
Topic: Good Withdraw Similator for Retirement?
Replies: 12
Views: 2315

Good Withdraw Similator for Retirement?

Hello! I'm about 2 years from retirement, and I've begun thinking about withdrawal strategies. Are there websites/calculators that help model how different withdrawal assumptions affect income streams? I'd like to try to develop a retirement strategy that would smooth over significant fluctuations i...
by msheald
Sat Aug 29, 2015 5:44 am
Forum: Personal Investments
Topic: Timber Anyone?
Replies: 12
Views: 2236

Timber Anyone?

Hello! I've met a number of people who have done quite well with timber investments. I've looked into timber from time to time, both the actual land and timber REITs.
Does anyone pursue timber investments? How have you done and what pitfalls have you encountered? Beest regards.

Mike
by msheald
Wed Jul 15, 2015 4:19 pm
Forum: Personal Consumer Issues
Topic: Tax Consequnces of Retiring to VA or TN
Replies: 14
Views: 3428

Re: Tax Consequnces of Retiring to VA or TN

Hello! Thank you for your notes. My initial screen was identifying areas that would in a large part meet my wife's and my lifestyle. To that end, we looked at eastern TN. SW VA, and north/western NC. We briefly looked at KY, but it was a bit farther away from family and friends than we wanted. NC lo...
by msheald
Tue Jul 14, 2015 3:51 pm
Forum: Personal Consumer Issues
Topic: Tax Consequnces of Retiring to VA or TN
Replies: 14
Views: 3428

Re: Tax Consequnces of Retiring to VA or TN

Thank you for your thoughts.

I'm hoping to get a good handle on costs for different locations and then try to answer the question, "Are the non-monetary benefits of a particular locations worth the costs compared to another location?" Best regards.

Mike