Search found 33 matches

by frankyo
Sun Nov 19, 2017 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with 360k for an old man
Replies: 30
Views: 2953

Re: What to do with 360k for an old man

Whatever grandpa wants and makes him happy. :D Yup...... the family taking such an active interest in Grampa's stash seems a bit self serving FWIW, although about $325K in IT Tax-Ex would pay him about $700- $725 a month in tax free income and leave about $25K - $35K which could be in a 1.25% Ally ...
by frankyo
Sun Nov 19, 2017 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Regular 401K vs Roth 401K
Replies: 30
Views: 1691

Re: Regular 401K vs Roth 401K

After-tax contributions and Roth contributions are not the same thing. Roth 401k employee contributions and Traditional 401k employee contributions are subject to a total shared contribution limit of $18000. Some plans allow after-tax contributions which can go beyond the $18k limit. Earnings are s...
by frankyo
Sun Nov 19, 2017 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Regular 401K vs Roth 401K
Replies: 30
Views: 1691

Re: Regular 401K vs Roth 401K

If you contributed the max to the regular 401K, you should be able to contribute after-tax in the same plan, if the plan allows it. Then at retirement, or if you leave your job, you should be able to roll the after-tax contributions into a Roth IRA. The max contribution before and after tax to a 40...
by frankyo
Sun Nov 19, 2017 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Regular 401K vs Roth 401K
Replies: 30
Views: 1691

Re: Regular 401K vs Roth 401K

If you contributed the max to the regular 401K, you should be able to contribute after-tax in the same plan, if the plan allows it. Then at retirement, or if you leave your job, you should be able to roll the after-tax contributions into a Roth IRA. The max contribution before and after tax to a 401...
by frankyo
Fri Mar 03, 2017 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!
Replies: 68
Views: 9033

Re: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!

I'm confused. How a taxable income of $44,400 pays $0 in taxes for a married couple filing jointly? I thought any dollar after the standard deduction and exemptions starts being taxable. What am I missing? See my post just before yours. Thanks Livesoft, but I'm still confused. Applying all types of...
by frankyo
Fri Mar 03, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!
Replies: 68
Views: 9033

Re: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!

I'm confused. How a taxable income of $44,400 pays $0 in taxes for a married couple filing jointly? I thought any dollar after the standard deduction and exemptions starts being taxable. What am I missing? See my post just before yours. Thanks Livesoft, but I'm still confused. Applying all types of...
by frankyo
Fri Mar 03, 2017 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!
Replies: 68
Views: 9033

Re: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!

I've come up with several examples of ways to pull off 6-figure spending in early retirement without having to pay any [federal income] tax. It's easier if you have kids at home and qualify for the child tax credit. -PoF I'm confused. How a taxable income of $44,400 pays $0 in taxes for a married c...
by frankyo
Thu Feb 09, 2017 8:31 pm
Forum: Forum Issues and Administration
Topic: How to link to a forum post within a post
Replies: 5
Views: 806

Re: How to link to a forum post within a post

Thank you all for your help. I finally got it.
by frankyo
Thu Feb 09, 2017 8:16 pm
Forum: Forum Issues and Administration
Topic: How to link to a forum post within a post
Replies: 5
Views: 806

Re: How to link to a forum post within a post

Sorry, I still don't get. Do you mean to copy the title of the old post and then paste it in the body of the new post? I tried this, but didn't work.
by frankyo
Thu Feb 09, 2017 8:03 pm
Forum: Forum Issues and Administration
Topic: How to link to a forum post within a post
Replies: 5
Views: 806

How to link to a forum post within a post

I know the answer is someplace in this board, but after searching I couldn't find it. How do you link to another thread/post within a post? I copied and pasted the URL starting at 'viewtopic', but it didn't work. e.g. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=207223&p=3177307#p317...
by frankyo
Thu Feb 09, 2017 7:55 pm
Forum: Investing - Theory, News & General
Topic: A Wellesley alternative
Replies: 93
Views: 9501

Re: A Wellesley alternative

Thank you Willthrill. Before looking at this thread, I was leaning towards the three-fund portfolio using an AA of 60 % Total Bond, 32% Total Stock, and 8% Total International Stock. Do you think it would be better to go with the above Wellesley alternative, and maybe adding a corresponding percent...
by frankyo
Thu Feb 09, 2017 7:44 pm
Forum: Forum Issues and Administration
Topic: Please Try Out Test Posts Here
Replies: 200
Views: 163963

Re: Please Try Out Test Posts Here

viewtopic.php?f=1&t=3177307#p3177307
by frankyo
Thu Feb 09, 2017 7:18 pm
Forum: Investing - Theory, News & General
Topic: A Wellesley alternative
Replies: 93
Views: 9501

Re: A Wellesley alternative

Thank you Willthrill. Before looking at this thread, I was leaning towards the three-fund portfolio using an AA of 60 % Total Bond, 32% Total Stock, and 8% Total International Stock. Do you think it would be better to go with the above Wellesley alternative, and maybe adding a corresponding percent...
by frankyo
Thu Feb 09, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: A Wellesley alternative
Replies: 93
Views: 9501

Re: A Wellesley alternative

Willthrill81, in a similar thread I asked for a Wellesley alternative using Vanguard ETFs since I don't have access to Vanguard funds nor Admiral shares. In looking at the above portfolio, VFITX does not have an ETF equivalent, but I found VGIT (Vanguard Intermediate-Term Government Bond ETF). Can ...
by frankyo
Thu Feb 09, 2017 6:30 pm
Forum: Investing - Theory, News & General
Topic: A Wellesley alternative
Replies: 93
Views: 9501

Re: A Wellesley alternative

Not sure why anyone would want an "alternative" to Wellesley, which consistently ranks as one of Vanguard's top managed funds. But if you're looking for an all-index equivalent, you could try the LifeStrategy Conservative Growth fund (VSCGX), which has a similar 40/60 stock/bond mix (alth...
by frankyo
Wed Feb 08, 2017 9:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 133
Views: 32890

Re: Vanguard's Wellesley Income fund is incredible

Is there a way to approximate the Wellesley fund with a three-fund portfolio using VG ETFs along with the AA? I don't have access to VG funds nor Admiral shares. Thanks.
by frankyo
Sat Feb 04, 2017 6:13 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1876
Views: 1158380

Re: Adding bond funds?

Duffydog1: Vanguard's Total Bond Market Index Fund is an extremely diversified and low-cost bond fund. You can see for yourself here . I think it would be a mistake to complicate your portfolio by adding more bond funds. Read the "Simplicity" link below. Best wishes.' Taylor Taylor, I wou...
by frankyo
Sat Feb 04, 2017 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Banking ATM card with no international ATM fees and foreign exchange fees
Replies: 15
Views: 1705

Re: Banking ATM card with no international ATM fees and foreign exchange fees

Thank you all for your input. I'll take a look at Schwab and Fidelity. As far as I can tell Schwab has all your desired features and Fidelity doesn't. You are correct. Fidelity small print does declare the foreign exchange charge. So Schwab looks like the one. SalemFiveDirect.com is the online divi...
by frankyo
Sat Feb 04, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Banking ATM card with no international ATM fees and foreign exchange fees
Replies: 15
Views: 1705

Re: Banking ATM card with no international ATM fees and foreign exchange fees

Thank you all for your input. I'll take a look at Schwabb and Fidelity.
by frankyo
Sat Feb 04, 2017 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Banking ATM card with no international ATM fees and foreign exchange fees
Replies: 15
Views: 1705

Banking ATM card with no international ATM fees and foreign exchange fees

Does anybody know of any banks that offer checking/savings accounts with no maintenance fees, international ATM fees, and no foreign exchange fees without requiring a huge combined minimum amount in the accounts? The reason I cannot invest directly with Vanguard is that my current bank requires a hu...
by frankyo
Sat Jan 28, 2017 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: BND vs. VTBIX
Replies: 5
Views: 999

Re: BND vs. VTBIX

From what I have seen, bank investment advisors are a very expensive way to invest. Unless things have changed, they certainly are not fiduciaries. Thanks Sport. Yes, they are expensive if they manage the account. The charge 1+%. That's why I stopped them from managing my account and I'm redirectin...
by frankyo
Sat Jan 28, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: BND vs. VTBIX
Replies: 5
Views: 999

Re: BND vs. VTBIX

Yes, BND would work fine for that assumption. Thank you Livesoft. When you refer to your broker, do you mean your account? Such as a company 401k? Otherwise, if you just open a Vanguard account you have access to the LifeStrategy funds. Thank you Kencufc. My 'broker' is my bank investment services....
by frankyo
Fri Jan 27, 2017 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: BND vs. VTBIX
Replies: 5
Views: 999

BND vs. VTBIX

I like the Vanguard LifeStrategy funds, but my broker only has access to Vanguard ETFs. So if I want to build something comparable to the LifeStrategy funds, should I assume that the Total Bond Market ETF is the same as the Total Bond Market II Index Fund Investor Shares? Or is there another Vanguar...
by frankyo
Thu Jan 26, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: Dow hits 20,000. What next? Share your strategy
Replies: 107
Views: 10282

Re: Dow hits 20,000. What next? Share your strategy

What if I went 100% cash when DOW was 19,800? I was planning to go into the three-fund allocation, but thought I was buying to high.

Stay the course until DOW drops to about 19,800?
by frankyo
Sat Jan 14, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: ROTH conversion calculator to minimize RMDs?
Replies: 18
Views: 2149

Re: ROTH conversion calculator to minimize RMDs?

Thank you all for your replies. I tried the i-orp, but it had me getting very high distributions (compare to what my budget really is), and nothing about converting to Roth. It had me distributing Roth at about 85 years old, which is probably too late for me I will try Bigfoot's Retiree Portfolio Ma...
by frankyo
Thu Jan 12, 2017 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: ROTH conversion calculator to minimize RMDs?
Replies: 18
Views: 2149

ROTH conversion calculator to minimize RMDs?

Is there a calculator that given the individual's age (less than 70 and 1/2), amount of tax-deferred balance, tax-filing status, current tax rate, and projected growth of tax-deferred balance, will give you a suggested Roth conversion amount per year, up to 70 and 1/2?

Thank you.
by frankyo
Sat Jan 07, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Differences among total index, total ETF, and total index admiral
Replies: 5
Views: 559

Re: Differences among total index, total ETF, and total index admiral

Thank you Earl Lemongrab. This is good to know since I have my accounts outside Vanguard, and because the relationship with the custodian, I'm planning to keep the accounts there.
by frankyo
Fri Jan 06, 2017 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Differences among total index, total ETF, and total index admiral
Replies: 5
Views: 559

Re: Differences among total index, total ETF, and total index admiral

Thank you, nisiprius and mhalley. Great explanations'. These are choices for tIRA and Roth IRA accounts. Since I don't expect to trade much, I guess the Admiral funds would be the best.
by frankyo
Fri Jan 06, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Differences among total index, total ETF, and total index admiral
Replies: 5
Views: 559

Differences among total index, total ETF, and total index admiral

Sorry for the ignorance, but can somebody explain the differences between the Vanguard total market index funds, total market ETFs, and total market index Admiral, or pinpoint me to the proper resources? Aside the ERs, or minimums, what are the pros and cons for each type? If trying to get a proper ...
by frankyo
Thu Jan 05, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Investments and Portfolio
Replies: 2
Views: 640

Re: Help with Investments and Portfolio

Thank you lazyharry for your response. 30% Sempra Energy stock SRE !! Very unboglehead of you. If Sempra does bad, you just lost a huge chunk of portfolio. I would really recommend going for an index fund. This is not really conservative. I know. I have an emotional attachment to the stock. I've had...
by frankyo
Wed Jan 04, 2017 2:32 am
Forum: Investing - Help with Personal Investments
Topic: Help with Investments and Portfolio
Replies: 2
Views: 640

Help with Investments and Portfolio

Hello everybody and Happy New Year. I'm 63 +, and retired 3 yrs ago. I have a 401K which I haven't touched, and a tIRA and Roth IRA that were managed by Citi Personal Wealth Management, but I moved them into cash, within Citi, in mid-December since I was paying 1+% in fees, and the performance were ...
by frankyo
Wed Jan 04, 2017 12:51 am
Forum: Forum Issues and Administration
Topic: How to post a draft
Replies: 3
Views: 816

Re: How to post a draft

Thank you Whaleknives, I was clicking all the time at the title of the saved draft, that's why I couldn't get to the 'submit' button, Now, I know what to do. I couldn't even find this in the faq.
by frankyo
Tue Jan 03, 2017 7:48 pm
Forum: Forum Issues and Administration
Topic: How to post a draft
Replies: 3
Views: 816

How to post a draft

Sorry, I'm new here and have created a draft. How do I post it? I'm afraid if I hit the 'reset' button I might lose it. Also, is there a way to upload a pdf file to show all the investments available in my 401K plan? The information is available in the plan administrator site, but I doubt that I can...