Search found 363 matches

by Rob54keep
Fri Jun 28, 2019 4:57 am
Forum: Personal Consumer Issues
Topic: Purchasing Major Appliances from Costco
Replies: 39
Views: 4381

Re: Purchasing Major Appliances from Costco

If you are a US military veteran, Home Depot and Lowes give a 10% discount.
by Rob54keep
Sun May 26, 2019 5:44 pm
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 10943

Re: What is your U.S./ex-U.S. stock allocation?

About 93% US, 7% international.
by Rob54keep
Sun May 26, 2019 5:38 pm
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 135
Views: 12311

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why?

I am currently at about 40/60. I have about 30x annual expenses in short-term instruments (bonds, CD's I-Bonds, Stable Funds) to age 95 and the remainder in stocks. I have no desire to take on more risk just to possibly create a larger legacy asset. I rebalance the AA as stocks become inflated and a...
by Rob54keep
Wed May 15, 2019 6:47 am
Forum: Personal Consumer Issues
Topic: What is this collection device?
Replies: 13
Views: 2389

Re: What is this collection device?

A cheap fix to a leaky gutter.
by Rob54keep
Sun Mar 31, 2019 7:39 am
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4081

Re: Selling Series I Bonds

I just sold some I-Bonds last week on TD. Yes the deferred interest is taxable for 2019. I had my credit union details setup in TD and just redeemed them and directed them to sent to my CU. I had funds deposited in two business day! Simple and quick process.
by Rob54keep
Fri Feb 22, 2019 7:37 am
Forum: Personal Investments
Topic: Money Market in HSA account with Fido?
Replies: 4
Views: 465

Re: Money Market in HSA account with Fido?

Yea, I use SPRXX that has no minimum. Current rate somewhere around 2.5%.
by Rob54keep
Fri Feb 15, 2019 8:02 am
Forum: Personal Finance (Not Investing)
Topic: HSA contribution limits & Medicare
Replies: 14
Views: 1163

Re: HSA contribution limits & Medicare

Thanks, that makes it easy for me.
by Rob54keep
Fri Feb 15, 2019 7:36 am
Forum: Personal Finance (Not Investing)
Topic: HSA contribution limits & Medicare
Replies: 14
Views: 1163

Re: HSA contribution limits & Medicare

So if I am eligible for Medicare as of May 1 this year (I will be 65 on May 30) and I enrolled in Medicare in March, is that when my HSA eligibility ends or does it end on April 30 (HSA=4/12 for 2019)? Is it better to delay signing up for Medicare (still before age 65) to get maximize the amount of ...
by Rob54keep
Sun Feb 10, 2019 6:34 am
Forum: Investing - Theory, News & General
Topic: Does Asset Allocation include 401k?
Replies: 10
Views: 993

Re: Does Asset Allocation include 401k?

Your AA in this case? It depends on what is in your 401k. Are there stocks? bonds? other?
by Rob54keep
Sat Feb 02, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Is roth conversion worth it in all cases?
Replies: 64
Views: 5084

Re: Is roth conversion worth it in all cases?

I would consider having a sizable taxable account before you retire. If you decide to do partial Roth conversions, you can pay taxes with these funds. It also allows you some tax diversification when making withdrawals in retirement to control taxes. Mine consisted of stock index funds and municipal...
by Rob54keep
Sat Feb 02, 2019 10:07 am
Forum: Personal Investments
Topic: HSA to Fidelity, now where to park the funds?
Replies: 19
Views: 2401

Re: HSA to Fidelity, now where to park the funds?

It depends on your time-frame in using these HSA assets. Being in retirement and starting to use some HSA funds, I now have my funds in short-term bond and MMA funds.
by Rob54keep
Tue Jan 29, 2019 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax 2018 Forms Now Online
Replies: 65
Views: 4911

Re: Vanguard Tax 2018 Forms Now Online

I happen to have a 401k that is at Vanguard and distributions for 2018 occurred. The 1099-R is not in the typical Vanguard Tax Center but under the 401k section where there is a separate tax area.
by Rob54keep
Fri Jan 25, 2019 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Implementing a wealth tax
Replies: 64
Views: 3321

Re: Implementing a wealth tax

The problem is often on how one defines "wealth" for tax purposes.
by Rob54keep
Fri Jan 25, 2019 7:09 am
Forum: Investing - Theory, News & General
Topic: Tell me your HSA strategy/advice
Replies: 54
Views: 5793

Re: Tell me your HSA strategy/advice

I will be 65 this year so I will start Medicare in May. My wife is 61. I too have my HSA at Fidelity but keep it in money market account (SPRXX). Its less than 1% of our total assets. I looked at possibly putting into short-term bond index/treasury funds but could not justify it based on the small y...
by Rob54keep
Wed Dec 26, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question
Replies: 10
Views: 1302

Re: Tax question

Probably not enough info here to answer your question but I'll try. Top of the 12% bracket (filing single 2018) is $38,700. Your current taxable income is $24k(0.50 of SS) + $10k - $12k (stand deduction <65 years old) = $10k. If you wanted to go to the top of the 12% bracket, you could do a $28k tIR...
by Rob54keep
Sun Dec 23, 2018 9:41 am
Forum: US Chapters
Topic: My Christmas Present To You
Replies: 108
Views: 11805

Re: My Christmas Present To You

This former Marine salutes you and thanks you for your service to this great country.

Merry Christmas!
Rob
by Rob54keep
Fri Dec 21, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1041
Views: 93058

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Interesting, thanks. Is there a large time-lag from the time the funds are in the bank FDIC settlement account to the mutual fund option in Fidelity?
by Rob54keep
Fri Dec 21, 2018 11:43 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1041
Views: 93058

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I have not read every post here but I assume I could just Fidelity Money-Market as a mutual fund option for the HSA? I will be using the HSA funds over the next 5 years (going into retirement).
by Rob54keep
Fri Dec 21, 2018 6:59 am
Forum: Personal Investments
Topic: Should I redirect new 401k to Stable Value in light of current trends?
Replies: 16
Views: 1187

Re: Should I redirect new 401k to Stable Value in light of current trends?

There's no problem doing this but keep in mind that if you were investing in stocks, they are on sale right now. If you have many years until retirement then the current market is your friend. It depends on your objectives, AA and how long until retirement. Are you then planning on keeping this Stab...
by Rob54keep
Fri Dec 14, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Roth Details Question
Replies: 5
Views: 379

Re: Roth Details Question

You are confusing tIRA to Roth conversions with an annual Roth contribution limit. With a Roth conversion, there is no limit except what makes sense in terms of taxable income for you during the year of the conversion (counts as AGI and thus taxable income). In a Roth contribution, the 2018 limit is...
by Rob54keep
Wed Dec 12, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 22836

Re: What percentage of your net worth is your home equity?

Mine is 10%. Not sure why that is important except that I know I did not buy too much house. I'm more concerned about increasing property tax rates.
by Rob54keep
Sun Dec 02, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: "When's the Right Time to Take RMDs?" – (Christine Benz's Latest Column)
Replies: 45
Views: 7515

Re: "When's the Right Time to Take RMDs?" – (Christine Benz's Latest Column)

Gotta ya. Interesting but somewhat confusing rules. I would think charities would begin making this a more streamline process.
by Rob54keep
Sun Dec 02, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: "When's the Right Time to Take RMDs?" – (Christine Benz's Latest Column)
Replies: 45
Views: 7515

Re: "When's the Right Time to Take RMDs?" – (Christine Benz's Latest Column)

If I turn 70.5 on Nov. 30 and my RMD for that year is $120k. I want to do a $10k QCD for that year thus my taxable RMD will be $110k ($120k-$10k) for that year. If I start doing RMD withdrawals in Jan of that year at $10k/month then by Nov. I would have fullfilled my RMD ($10kx11=$110k) and the Dec....
by Rob54keep
Tue Oct 23, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 9435

Re: What's Your Fixed Income Strategy?

In retirement now for 3 years (retired at 60). AA 40/60. Bond Allocation is split between Total Bond Index, Short Term Investment Grade, CD-ladder, some I-Bonds and a Stable Value Fund (from a previous 401k). Currently withdrawing monthly from the Stable value (has highest expense ratio of 0.28). T...
by Rob54keep
Tue Oct 23, 2018 6:42 am
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 9435

Re: What's Your Fixed Income Strategy?

In retirement now for 3 years (retired at 60). AA 40/60. Bond Allocation is split between Total Bond Index, Short Term Investment Grade, CD-ladder, some I-Bonds and a Stable Value Fund (from a previous 401k). Currently withdrawing monthly from the Stable value (has highest expense ratio of 0.28). T...
by Rob54keep
Mon Oct 22, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 9435

Re: What's Your Fixed Income Strategy?

In retirement now for 3 years (retired at 60). AA 40/60. Bond Allocation is split between Total Bond Index, Short Term Investment Grade, CD-ladder, some I-Bonds and a Stable Value Fund (from a previous 401k). Currently withdrawing monthly from the Stable value (has highest expense ratio of 0.28). Th...
by Rob54keep
Wed Oct 10, 2018 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: confused about medicare threshold
Replies: 11
Views: 965

Re: confused about medicare threshold

The threshold of $170k is for married filing jointly ($85k if single) and is the adjusted gross income (AGI). The AGI is before taking the standard deduction. Interest & dividends from t-IRA's count only is they are IRA distributions in that tax year. If they are just reinvested, they do not count.
by Rob54keep
Wed Oct 10, 2018 6:24 am
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 106
Views: 6010

Re: Vanguard site 500 error

Site is up and then its down again. I got some work done & then it freaked out on me. Now its up again. Not good.
by Rob54keep
Sun Aug 19, 2018 6:12 am
Forum: Personal Finance (Not Investing)
Topic: Your major and investing/finance?
Replies: 99
Views: 5313

Re: Your major and investing/finance?

Geology/Geophysics

Part of my job was to run probabilistic reserves and economic models that forced me to understand corporate finance. This eventually leaked over into personal finance.
by Rob54keep
Mon Jul 23, 2018 6:49 am
Forum: Personal Investments
Topic: Withdrawing funds for Roth conversions
Replies: 5
Views: 571

Re: Withdrawing funds for Roth conversions

When I initially retired, I used (and had) after-tax money to pay tax for Roth conversions (paid quarterly estimated taxes) but in the last two years I have had withholding (by Vanguard) taken from the tIRA during the monthly withdrawal. It's easier for me than doing estimated taxes for sure. My tIR...
by Rob54keep
Sun Jul 22, 2018 6:31 am
Forum: Personal Investments
Topic: 28yo Needs Help with 401K and Personal Investments
Replies: 19
Views: 2034

Re: 28yo Needs Help with 401K and Personal Investments

I would 1) pay of the student loan (especially before you get married) 2) invest in the 401k up to the company match with your 90/10 AA in Vanguard Inst Stock & Inst Bond Funds, 3) do a 2018 Roth IRA for yourself & then your wife after married outside of your 401k according to your overall AA and th...
by Rob54keep
Mon Jul 16, 2018 5:37 pm
Forum: Personal Investments
Topic: Roth IRA conversion
Replies: 2
Views: 435

Re: Roth IRA conversion

Your AGI is your Gross Income +any interest/dividends + Roth Conversions - HSA and IRA contributions. If you are at AGI of $131k + $27k = $158k. That's still in the 22% tax bracket. Assuming no HSA or IRA deductions,,,,The difference in taxes owed can be calculated by taking the standard deduction (...
by Rob54keep
Thu Jul 12, 2018 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare [Can I contribute to a Health Savings Account?]
Replies: 29
Views: 3012

Re: Medicare [Can I contribute to a Health Savings Account?]

Awesome! Now my 2019 taxes will be in better shape.
by Rob54keep
Thu Jul 12, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Medicare [Can I contribute to a Health Savings Account?]
Replies: 29
Views: 3012

Re: Medicare [Can I contribute to a Health Savings Account?]

OK,,,I will turn 65 in May 2019. My wife is only 60 years old. I am retired but have retiree medical insurance with my former employer until I am Medicare eligible. I then can get Medigap insurance through that same former employee after age 65. We contributed the max HSA contribution for tax year 2...
by Rob54keep
Fri Jun 22, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 318
Views: 32894

Re: "Open Social Security" calculator: feature requests, bug reports, etc

Was there a projected COLA included? Perhaps this was already mentioned somewhere in this thread.
by Rob54keep
Mon Jun 18, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Sanity Check on House Purchase
Replies: 13
Views: 1929

Re: Sanity Check on House Purchase

With a new baby arriving in January, I would have more than 4 months emergency fund if possible. Things happen,,,and they'll happen at the same time that the 10 year old AC will give you problems.
by Rob54keep
Sat Apr 28, 2018 6:43 am
Forum: Personal Consumer Issues
Topic: Do you sell or donate unused items?
Replies: 46
Views: 3736

Re: Do you sell or donate unused items?

Today our HOA-neighborhood is doing the Annual Garage Sale. My wife wants to put out quite a few furniture items from my daughter (she is now married with better stuff). We'll see how this goes but anything left after noon today is going to be donated on Monday. I still itemize for 2018. But if the ...
by Rob54keep
Tue Apr 24, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 109
Views: 17380

Re: Downloadable Social Security Benefit Estimator (repost)

Ah,, my bad. The manual changes in the CPI-W and AWI affect future earnings only. Seeing all my earnings are in the past (64 and retired), it does not affect my PIA. Also the BOLD indexed earnings now works AOK. Thanks. Also where does the SS-CPI-W come from and how does that relate to COLA? Because...
by Rob54keep
Tue Apr 24, 2018 6:52 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 109
Views: 17380

Re: Downloadable Social Security Benefit Estimator (repost)

When I change a value in the Peach Box (CPI-W or AWI) it changes the green values below the peach box but it does nothing to the benefits box (above the graph) nor to the graph itself. Is anything "Protected" in the spreadsheet that may prevent the changes from occurring?
by Rob54keep
Tue Apr 24, 2018 6:07 am
Forum: Personal Finance (Not Investing)
Topic: Downloadable Social Security Benefit Estimator (repost)
Replies: 109
Views: 17380

Re: Downloadable Social Security Benefit Estimator (repost)

It does bold the top 35 earning years but when using the index inflation factor that SS provides (using the inflation factors from the year when you were eligible for SS at age 62) these bold numbers are not the top 35 years. For example, I have a wage in 1975 that has an index inflation factor of 5...
by Rob54keep
Wed Apr 18, 2018 6:38 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 2.20%]
Replies: 285
Views: 50507

Re: Ally online savings now at 1.45%

There are a few out there or you can calculate it yourself:
https://www.calcxml.com/do/inc11
(Tax-Free Yield)/1-(Marginal Tax Rate) = Tax Equivalent Yield
by Rob54keep
Mon Apr 09, 2018 8:23 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 219
Views: 24257

Re: What is your AA, given your age? and, Why?

I am 64 and wife is 60 (both retired but still waiting for SS). We are at about 40% stocks / 60% Bonds. Total of 5 funds. Why? I really don't need (or want) to take more risk than needed. I have two funds that I kept from my old 401k, a Stable Fund and PrimeCap. Both fairly low ER's and useful in my...
by Rob54keep
Mon Apr 02, 2018 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: How did you file your income taxes?
Replies: 77
Views: 6722

Re: How did you file your income taxes?

I do my own taxes via Excel spreadsheets that I have setup for each year. I then do it in TurboTax to see if I missed something. They were within $3 so I submitted via e-file in TurboTax.
by Rob54keep
Tue Mar 27, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: When to Take Social Security (again...)
Replies: 62
Views: 7271

Re: When to Take Social Security (again...)

Each individual (family) is different on this decision. As a result, all variables need to be reviewed and those variables that have the largest weight for that family are the deciding factors. For me the main deciding factors are doing partial Roth conversions from 60 (retired) to FRA to reduce pro...
by Rob54keep
Sat Mar 17, 2018 8:00 pm
Forum: Personal Consumer Issues
Topic: Anyone get a 'Tuff Shed' ?
Replies: 12
Views: 3064

Re: Anyone get a 'Tuff Shed' ?

I have purchased two Tuff Sheds over the years - two different houses. The one I have now is 7 years old. I added ventilation vents (low and high) and painted the inside floor. No problems and I would buy again.
by Rob54keep
Mon Mar 12, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: what is marginal tax rate?
Replies: 29
Views: 3000

Re: what is marginal tax rate?

It's the tax rate you paid on the last dollar earned.
MFJ both years: 2017 = 25%, Current Estimated 2018 = 22%, No State Income Taxes.
by Rob54keep
Fri Mar 09, 2018 7:24 am
Forum: Personal Investments
Topic: Tax withholding from tIRA to Roth
Replies: 4
Views: 603

Re: Tax withholding from tIRA to Roth

You can pay the taxes also from from other income sources (job, pension, etc) during the year (Withholding) or you can pay Estimated Taxes where you pay the IRS quarterly estimates (can pay online) based on when you receive the distribution (tIRA to Roth conversion),,, or both. I'm assuming you are ...
by Rob54keep
Sat Feb 10, 2018 1:03 pm
Forum: Personal Investments
Topic: Retiring soon.....401K vs rollover to IRA?
Replies: 28
Views: 3834

Re: Retiring soon.....401K vs rollover to IRA?

I kept my 401k intact when I retired because of a Stable Fund and low ER’s and it was at Vanguard. One drawback that I have is that to make any changes on withdrawal rates or tax withholding, I have to talk to a Vanguard 401k specialist rather than doing online as I could with an IRA. Not a big deal...
by Rob54keep
Sat Jan 20, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Form 1099-R IRA/SEP/SIMPLE box affecting refund
Replies: 52
Views: 3802

Re: Form 1099-R IRA/SEP/SIMPLE box affecting refund

Ah,,,finally. I will pursue this with Intuit/TT. Many thanks for diving deeper into this.