Search found 240 matches

by Fishing50
Wed Jul 18, 2018 12:57 am
Forum: Investing - Help with Personal Investments
Topic: Quick question on taxable account in early retirement
Replies: 9
Views: 1012

Re: Quick question on taxable account in early retirement

Thanks all. We're still about 15-17 years from early/partial retirement, I just couldn't search for this topic effectively to get the answer I was looking for. So, practically speaking, if you only needed enough money to not trigger any capital gains then the only difference between a Roth and taxa...
by Fishing50
Sat Jul 14, 2018 1:25 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation in Taxable
Replies: 8
Views: 854

Re: Asset Allocation in Taxable

OP - I have a very similar AA by account type and am also 90/10 in taxable. You can certainly hold more there if you want, but the market downturn argument doesn't really make sense. You can always reallocate to stocks in your 401k if needed. +1 if you need to sell from taxable during a downturn, y...
by Fishing50
Fri Jul 13, 2018 1:21 am
Forum: Investing - Help with Personal Investments
Topic: Withdraw Roth contributions to max TSP/get more G Fund?
Replies: 24
Views: 1203

Re: Withdraw Roth contributions to max TSP/get more G Fund?

Leave the Roth alone, and ensure you are making Roth contributions to TSP.
by Fishing50
Fri Jul 13, 2018 12:47 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio help - particularly with dilemma of Roth conversion
Replies: 8
Views: 951

Re: Portfolio help - particularly with dilemma of Roth conversion

Do the Roth conversion, 24% tax bracket is a bagain with your expected income.
by Fishing50
Sun Jul 08, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Deployment TSP limitation question
Replies: 6
Views: 808

Re: Deployment TSP limitation question

Nords wrote:
Sat Jul 07, 2018 12:23 pm
Fishing50 wrote:
Tue Jul 03, 2018 1:57 am
'Nords' has written quite a bit on the topic. Search his posts & PM him with your situation.
Thanks, Fishing50, and I've swapped PMs with the OP!

Thanks for your dedicated support of our service members! Seeming small nuances are not something personnel clerks are prepared to answer.
by Fishing50
Sun Jul 08, 2018 4:04 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Simplification and retirement prep?
Replies: 8
Views: 750

Re: Portfolio Simplification and retirement prep?

Welcome to the forum. Please edit your original post using the pencil in the right hand corner, so your portfolio shows only 100% of assets as a unified whole rather than look at accounts in isolation. Morningstar XRay is also a great tool using the proxies provided. You'll be past the finish line i...
by Fishing50
Tue Jul 03, 2018 1:57 am
Forum: Investing - Help with Personal Investments
Topic: Deployment TSP limitation question
Replies: 6
Views: 808

Re: Deployment TSP limitation question

'Nords' has written quite a bit on the topic. Search his posts & PM him with your situation. I understand $18.5K limit applies to contributions before and after deployment. For you, DFAS computers will stop tax deferred (tax exempt in CZTE) contributions this year at the allowable max. Next year you...
by Fishing50
Thu Jun 28, 2018 2:21 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on AA, tax strategy, TSP changes
Replies: 5
Views: 739

Re: Thoughts on AA, tax strategy, TSP changes

If I change all of the TSP to G fund, sell all the I bonds and buy VTSAX with the funds, and when the T bills mature in 3 months I buy VTSAX with those funds, that would get me to 55.6% stocks (31% in international), 17.5% securities, and 26.9% cash. An improvement from 51.6% Stocks, 12.7% securiti...
by Fishing50
Sun Jun 24, 2018 1:43 am
Forum: Investing - Help with Personal Investments
Topic: Sell individual stock, or index fund
Replies: 12
Views: 1100

Re: Sell individual stock, or index fund

I have $100K cost basis in a fund at VG that is worth about $112k. I could sell the whole lot and buy something similar but not identical. I think I'd swap my Vanguard Developed Markets index for maybe total international or similar. In tax gain harvesting, you can buy the same fund. That said, I'd...
by Fishing50
Sun Jun 17, 2018 3:56 am
Forum: Investing - Help with Personal Investments
Topic: Retooling Portfolio After Job Change
Replies: 4
Views: 449

Re: Retooling Portfolio After Job Change

Few thoughts: As a fed with reliable income and taxable assets available for real emergencies, you can have less EF. New car purchase is not EF. Use deployable cash to purchase the car and then pay down the mortgage. I would't raid the taxable account to pay off the mortgage, just get it to a much l...
by Fishing50
Thu Jun 14, 2018 2:34 am
Forum: Investing - Help with Personal Investments
Topic: Dilemma: Roth conversions vs. Taxable cap gains from Rebalancing
Replies: 2
Views: 273

Re: Dilemma: Roth conversions vs. Taxable cap gains from Rebalancing

Might be a good time to reconsider your target allocation. Rising equity glidepath in retirement is a reasonable option, especially when pension and SS provide for your needs. https://earlyretirementnow.com/2017/09/13/the-ultimate-guide-to-safe-withdrawal-rates-part-19-equity-glidepaths/ You seem to...
by Fishing50
Sun Jun 10, 2018 4:57 am
Forum: Investing - Help with Personal Investments
Topic: 49 Year Old Retirees - Tax Planning Strategy Questions
Replies: 5
Views: 986

Re: 49 Year Old Retirees - Tax Planning Strategy Questions

You don't need an adviser for the easy answer: Harvest 0% long term capital gain to the ACA cliff but not over. You can generate more cash flow by selling the shares with lowest gains because a higher percentage will be return of capital rather than gains. At 59yrs old, begin IRA withdrawals to the ...
by Fishing50
Sun Jun 10, 2018 2:55 am
Forum: Investing - Help with Personal Investments
Topic: Trad. Vs. Roth with pension, re: Conversion Ladder
Replies: 8
Views: 714

Re: Trad. Vs. Roth with pension, re: Conversion Ladder

Your future pension will fill the lowest tax brackets so planning large conversions will not provide you the largest advantages. You should be utilizing Roth TSP in the 12% tax bracket, especially if passive losses further lower your taxes. Paying zero taxes now probably isn't the best option for yo...
by Fishing50
Sun May 27, 2018 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Military Equity/Bond Allocation
Replies: 6
Views: 717

Re: Military Equity/Bond Allocation

I think you are fine for now. With a military pension 95/5 or 100 equity is reasonable as long as you can stay the course during a downturn. I recommend total stock market Index and total intl stock market index in taxable accounts because you can hold them forever with tax efficiency. In 4 or 5 yea...
by Fishing50
Sat May 26, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: A Lonely T. Rowe Price Account - Transfer?
Replies: 21
Views: 1269

Re: A Lonely T. Rowe Price Account - Transfer?

I'm in a similar situation. I have all of my investments with Vanguard with the exception of one IRA at TRP. I've had it there for probably 15 years or so. Just like you, I've considered moving it to Vanguard several times, but haven't pulled the trigger. And mine has a bigger expense ratio than yo...
by Fishing50
Sun May 13, 2018 6:43 am
Forum: Investing - Theory, News & General
Topic: Guidelines on ratio of Pre-tax, Roth, Post-tax Investing
Replies: 35
Views: 2166

Re: Guidelines on ratio of Pre-tax, Roth, Post-tax Investing

Given all that, my general approach is that I am happy to pay 12% tax on any money that can put away using that rate, like into a Roth or a taxable account. Money that is in the 22% bracket, I try to shield by putting into the pre-tax 401k. I think it makes sense to have a tax diversified set of ac...
by Fishing50
Fri May 11, 2018 2:10 am
Forum: Investing - Help with Personal Investments
Topic: Traditional or Roth TSP with New Tax Brackets?
Replies: 18
Views: 1288

Re: Traditional or Roth TSP with New Tax Brackets?

Emergency funds: 4-6 months expenses Tax Rate: 22% Federal?, 7% State State of Residence: SC VTSAX-Taxable- 14% of portfolio VTIAX- taxable- 8% of portfolio Questions: 1- I am a frequent browser of this forum, yet rarely post anything. Long story short, with the new tax brackets, I am seeking feedb...
by Fishing50
Tue May 08, 2018 2:04 am
Forum: Investing - Help with Personal Investments
Topic: When did you start drawing profits from taxable?
Replies: 48
Views: 3544

Re: When did you start drawing profits from taxable?

NextMil wrote:
Mon May 07, 2018 1:50 pm
And when you did, did you start with just dividends or cash out part of your yearly returns to enjoy it?
We take dividends in cash. Every couple months we decide to spend the cash or reinvest. :beer
by Fishing50
Wed May 02, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement at 43-45 (Military)
Replies: 17
Views: 2910

Re: Retirement at 43-45 (Military)

I was interested in starting TSP/IRA for both of us but we cant touch the growth before 59.5 without penalties from my understanding. Ideal scenario would be to invest in taxable investments, then start with drawing once she retires (2036). This would mean we are both 43 which is under the 59.5 thr...
by Fishing50
Wed May 02, 2018 2:17 am
Forum: Investing - Help with Personal Investments
Topic: Retirement at 43-45 (Military)
Replies: 17
Views: 2910

Re: Retirement at 43-45 (Military)

Your goal is achievable with a pension and TRICARE Health Coverage. Check your tax rate, you are not 25% Fed because it doesn't exist. MFJ over $77,400 in taxable income is 22%. If you are below that number, you definitely want to maximize Roth IRA and Roth TSP because you are in the 12% tax bracket...
by Fishing50
Mon Apr 30, 2018 12:52 am
Forum: Personal Consumer Issues
Topic: 3 days in London - must dos?
Replies: 31
Views: 2065

Re: 3 days in London - must dos?

Do NOT miss Borough Market.
by Fishing50
Sun Apr 29, 2018 4:11 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement using Mega Back Door Roth - Need advice
Replies: 8
Views: 1381

Re: Early Retirement using Mega Back Door Roth - Need advice

I likely would stay in the same tax bracket when I retire, so did not want to bother much with Traditional IRAs or Pre-Tax 401k. I doubt it. If you are saving over $70K a year, you are higher than the 12% tax bracket. For a single person retired at 50yrs the first $50,700 of income (401K distributi...
by Fishing50
Sun Apr 22, 2018 3:43 am
Forum: Investing - Help with Personal Investments
Topic: What should I change or adjust in my portfolio?
Replies: 3
Views: 446

Re: What should I change or adjust in my portfolio?

From a military officer 3yrs from retirement, I think you are doing great--you don't need to adjust anything. I offer the following: Emergency funds: Do don't really need 6 months with a reliable government paycheck and taxable investments. Keep a couple thousand around for a spending cushion, and g...
by Fishing50
Sun Apr 15, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: 401k rollover to TSP, 457 plan or IRA
Replies: 5
Views: 354

Re: 401k rollover to TSP, 457 plan or IRA

TSP has great options...Don't ever give it up!
by Fishing50
Tue Apr 10, 2018 1:02 am
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy? Military Doc. What would you do?
Replies: 46
Views: 3495

Re: Rent or Buy? Military Doc. What would you do?

Thanks again for everyone’s insight and opinions. We decided to continue to rent and will have more to aggressively save/invest each month. I added some REIT fund exposure to our portfolio (I know there are diverse opinions on that). If I do wait to purchase a home after the military (10+ years), h...
by Fishing50
Wed Apr 04, 2018 2:21 am
Forum: Investing - Theory, News & General
Topic: Bonds in TSP - but what if it’s split 50% Roth TSP?!
Replies: 20
Views: 1850

Re: Bonds in TSP - but what if it’s split 50% Roth TSP?!

Over time, through contributions, the TSP will grow much larger than a Roth IRA. I’m in a situation where I’m heavily sheltered from taxes now. However I anticipate to be in a higher tax bracket later with a pension - so I was entertaining the idea of increasing tax free growth by splitting TSP int...
by Fishing50
Mon Apr 02, 2018 3:59 am
Forum: Investing - Theory, News & General
Topic: Bonds in TSP - but what if it’s split 50% Roth TSP?!
Replies: 20
Views: 1850

Re: Bonds in TSP - but what if it’s split 50% Roth TSP?!

Roth and tax exempt balances in TSP are frustrating, but TSP is still the best place for your bonds. I recommend a mix of G and F Funds. To minimize taxes: taxable account should be 100% US and international total market equity index funds. Foreign tax credit provides tax advantage for international...
by Fishing50
Sat Mar 10, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: What steps to take as I get close to my number?
Replies: 20
Views: 2452

Re: What steps to take as I get close to my number?

We're in the same timeframe, we'll retire from the military in 3 years at 50yrs old (25x expenses right now). Planning to take her lower SS at 62 yrs old, my higher SS at 70yrs old. I've started doing our taxes with Turbo Tax PC version to understand our tax bracket. I make modifications to a copy o...
by Fishing50
Tue Mar 06, 2018 5:13 am
Forum: Investing - Help with Personal Investments
Topic: 401K contributions (percentage sounds high)
Replies: 24
Views: 2693

Re: 401K contributions (percentage sounds high)

Do either/both of your employers offer a Roth 401K? $105k gross comes out to $81k after the standard deduction, so if you put away $4000 in traditional 401k money, that drops you into the 12% marginal bracket (top end $77400). Any contributions beyond that I would put in Roth. Odds are you won't ha...
by Fishing50
Tue Mar 06, 2018 4:42 am
Forum: Investing - Help with Personal Investments
Topic: Just out of college, new job w/ 401k
Replies: 18
Views: 1577

Re: Just out of college, new job w/ 401k

I recommend 8% contribution to Roth in the 12% tax bracket. I doubt you'll regret paying these taxes 25-30 years from now. Prefer tax deferred contributions when you start making over $50,700 ($38,700 top of 12% + $12,000 personal exemption) 100% equities for now, add bonds in 20yrs: Vanguard Instit...
by Fishing50
Mon Feb 26, 2018 3:08 am
Forum: Investing - Help with Personal Investments
Topic: TSP & taxable allocations, near retirement
Replies: 7
Views: 990

Re: TSP & taxable allocations, near retirement

My wife & I would like advise/ideas on allocations/strategies, as we are planning to retire in 2020. We are trying to determine a good approach to our TSP and taxable account funds (which we will have soon due some real estate sales). Here's our situation: Retirement in 2.5 years (2020) at 56 & 60 ...
by Fishing50
Sat Feb 24, 2018 7:00 am
Forum: Investing - Help with Personal Investments
Topic: New Boglehead's First Post [portfolio questions]
Replies: 4
Views: 801

Re: New Boglehead's First Post [portfolio questions]

1) Transfer ROTH IRAs to Vanguard. 2) Roth TSP has been the correct choice because you've been in the 15% tax bracket. Roth TSP is not the wrong answer in the 22% tax bracket because of the low tax taxes on military total income due to tax free allowances. In 2018 it's worth considering some Traditi...
by Fishing50
Fri Feb 02, 2018 3:19 am
Forum: Personal Finance (Not Investing)
Topic: Emergency Money
Replies: 25
Views: 2784

Re: Emergency Money

No emergency fund because I have a reliable military paycheck with taxable investments. Taxable investments are no longer automatically invested to allow flexibility to pay larger bills or invest. Dividends are no longer automatically reinvested to make larger tax lots and avoid wash sale during ta...
by Fishing50
Mon Jan 29, 2018 2:27 am
Forum: Investing - Help with Personal Investments
Topic: Sequence of returns for early retiree
Replies: 14
Views: 2627

Re: Sequence of returns for early retiree

2 years from retirement at 50 yrs old, I like the rising equity glide path: https://earlyretirementnow.com/2017/09/ ... lidepaths/
by Fishing50
Sun Jan 28, 2018 3:13 am
Forum: Investing - Help with Personal Investments
Topic: Allocation Dilemma - Bonds or No Bonds, retiring 8 years @ 50y/o, w/ $ lasting to 90s.
Replies: 65
Views: 5061

Re: Allocation Dilemma - Bonds or No Bonds, retiring 8 years @ 50y/o, w/ $ lasting to 90s.

OP- I agree you can take more risk in your retirement portfolio with a govt pension providing an income floor. Tax efficient investing may add some value. Check your tax bracket for 2018, if you are above $101,400 take home pay you are in the 22% bracket making traditional TSP is best because you ca...
by Fishing50
Mon Jan 22, 2018 4:25 am
Forum: Investing - Help with Personal Investments
Topic: Military Retirement BRS vs. Legacy
Replies: 7
Views: 761

Re: Military Retirement BRS vs. Legacy

Most service members with 9 yrs service need to be careful choosing reduced benefits because BRS includes reduced pension and reduced COLA payments which add up over time. Military doc, planning to work after military retirement, can absorb the risk of opting in. Savers can win with BRS, especially ...
by Fishing50
Fri Jan 19, 2018 3:54 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Re-balance... What's Next?
Replies: 23
Views: 2978

Re: Portfolio Re-balance... What's Next?

Single, with a damn near guaranteed military paycheck you don't need a 6 month emergency fund. Yes, you should have some cash available for a vacation, down payment on a quality used car purchase, etc. Get some of that money invested in a taxable account with total US and/or total Intl equity index ...
by Fishing50
Fri Jan 19, 2018 2:27 am
Forum: Investing - Help with Personal Investments
Topic: Military TSP Question
Replies: 9
Views: 1065

Re: Military TSP Question

Yes, DFAS will shut down contributions at $18,500, unless you're serving in a tax exempt combat zone.
by Fishing50
Thu Jan 18, 2018 6:58 am
Forum: Investing - Help with Personal Investments
Topic: Blended Retirement System Opt In Decision
Replies: 4
Views: 475

Re: Blended Retirement System Opt In Decision

Op- I think you are making the correct decision to opt in. With only 3 years in service you can break even with High 3 by keeping your savings rate high & investing your mid career incentive pay. Great choice for Roth contributions now, you can choose tax deferred contributions after a few promotion...
by Fishing50
Sun Jan 07, 2018 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Military Deployment Help—TSP Optimization
Replies: 17
Views: 1808

Re: Military Deployment Help—TSP Optimization

If you are able to commit $55K to retirement, I recommend tax exempt and Roth TSP. Upon retirement, you can execute a rollover using TSP partial withdrawal taking TSP balance down to the minimum separating tax deferred, Roth, and tax exempt monies. When you get the check for tax exempt monies, you c...
by Fishing50
Tue Jan 02, 2018 1:44 am
Forum: Investing - Help with Personal Investments
Topic: Eval my IPS [Investment Policy Statement]
Replies: 31
Views: 2344

Re: Eval my IPS

A few thoughts: With a pension you probably don't need to aim at a figure prior to retirement, just continue saving at a good rate with priorities of TSP to the match, his and her Roth IRAs, taxable investments. Unfortunately, my TSP contributions aren't matched...I'm active duty. Funding the wife'...
by Fishing50
Mon Jan 01, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Eval my IPS [Investment Policy Statement]
Replies: 31
Views: 2344

Re: Eval my IPS

aristotelian wrote:
Mon Jan 01, 2018 5:13 pm
5% would not be considered a safe sustainable withdrawal rate.
Could be, if withdrawals decrease after SS. A military pension helps accept some risk.
by Fishing50
Mon Jan 01, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Eval my IPS [Investment Policy Statement]
Replies: 31
Views: 2344

Re: Eval my IPS

A few thoughts: With a pension you probably don't need to aim at a figure prior to retirement, just continue saving at a good rate with priorities of TSP to the match, his and her Roth IRAs, taxable investments. Contributions can be used to maintain balance mitigating need to reallocate. No more tha...
by Fishing50
Mon Jan 01, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 152
Views: 29846

Re: How Do You Like My New 'Doo

This is a very interesting summary of portfolio performance and Nedsaid Doo effects. Has this changed your planing for your future portfolio planning? Are you going to shift to a more "3 fund index approach" to simply things a bit? I will turn 59 1/2 early in 2019. The minimum I will do is some con...
by Fishing50
Mon Jan 01, 2018 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Plan for Stay at home mom within 1.5yrs - what to do about mortgage/saving/expenses
Replies: 46
Views: 3826

Re: Plan for Stay at home mom within 1.5yrs - what to do about mortgage/saving/expenses

Beef up EF. I would not dare touch my Roth. Thanks PFInterest - I wondered if someone would mention this, so appreciate the encouragement to bring this up vs. other priorities. As mentioned by others, increased taxable investments should be the focus because it adds flexibility when income decrease...
by Fishing50
Sun Dec 24, 2017 7:11 am
Forum: Investing - Help with Personal Investments
Topic: Ever tempted to shut it down once you have “enough”?
Replies: 37
Views: 4663

Re: Ever tempted to shut it down once you have “enough”?

Thanks again, everyone. I offer this only as something of interest, tangentially relevant to our discussion: Not long ago, I discovered a 2011 study by Putnam, which concluded the following: "When minimizing the risk of retirement plan shortfalls, we find that the optimal asset allocation mix for s...
by Fishing50
Sun Dec 24, 2017 5:58 am
Forum: Investing - Help with Personal Investments
Topic: Do you have trouble standing firm on your asset allocation?
Replies: 45
Views: 4321

Re: Do you have trouble standing firm on your asset allocation?

Thanks to the forum, I formulated an extensive IPS statement and have stuck to my allocations. However, I may tend to ride either side of the 5% rebalancing bands for longer before rebalancing. j :D In 2015 we combined assets and developed a draft IPS that says 70% equities (20% intl) / 30% bonds. ...
by Fishing50
Fri Dec 22, 2017 7:05 am
Forum: Investing - Help with Personal Investments
Topic: Selling funds to put in Roth IRA - Sell VTIAX, VTSAX or Both?
Replies: 2
Views: 505

Re: Selling funds to put in Roth IRA - Sell VTIAX, VTSAX or Both?

You can fund a 2017 Roth until April 2018. No need to sell, Just use your bonus. :beer
by Fishing50
Mon Dec 18, 2017 2:29 am
Forum: Investing - Help with Personal Investments
Topic: Military Deployment Help—TSP Optimization
Replies: 17
Views: 1808

Re: Military Deployment Help—TSP Optimization

Be careful not to contribute the last dollar to Roth TSP before deployment because DFAS will not allow further contributions if $18.5K is reached. Check out this thread: viewtopic.php?f=1&t=234599&p=3666794#p3666794