Search found 520 matches

by WoodSpinner
Mon Nov 12, 2018 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Finance software for couples
Replies: 4
Views: 833

Re: Finance software for couples

Happy Quicken user here. Like the automation, bookkeeping, and reporting. Works well for us.
by WoodSpinner
Sun Nov 11, 2018 4:46 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

Woodspinner - just wondering if you're still out there? I think many of us would like to hear how the PW and travels are working out for you. I[we] really appreciated the thread you started and all the helpful comments and experiences and sites everyone shared. I'm currently in the research and ren...
by WoodSpinner
Sat Nov 10, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Early withdrawal penalty ?
Replies: 9
Views: 506

Re: IRA Early withdrawal penalty ?

I suppose you can put back the money into another IRA within 60 days of your withdrawal, and on your tax return treat it as an indirect rollover. But that alternative begs the question of where you can get the money from. Sounds like you have already used up the money. Can you get a HELOC that you ...
by WoodSpinner
Sat Nov 10, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: IRA Early withdrawal penalty ?
Replies: 9
Views: 506

IRA Early withdrawal penalty ?

All, Mea Culpa I think I made a mistake and triggered an Early Withdrawal Penalty and can use some advice to see if there is any way to address it in this Tax Year. Background: Age : 59 (turned 59 Oct 2018) Rollover : Retired this year and rolled over my 401K into a new IRA at Fidelity Other IRA : H...
by WoodSpinner
Tue Oct 09, 2018 10:07 pm
Forum: Investing - Theory, News & General
Topic: pension vs lump sum payment
Replies: 12
Views: 1039

Re: pension vs lump sum payment

You might find this a useful thread.....

Went through the analysis (tough decision) Dec2017, decided to take the pension and so far so good.

viewtopic.php?t=236087
by WoodSpinner
Mon Sep 03, 2018 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Coverdell Educational IRA Rollover to Family Member
Replies: 1
Views: 150

Re: Coverdell Educational IRA Rollover to Family Member

OP,

I have done this myself with no issues. Rolled over funds my grandchildren won’t use so my nephews and nieces can take advantage. Some paperwork to open and shift accounts but no issues in the last 5 years.

WoodSpinner
by WoodSpinner
Sat Jul 07, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Destination - are you happy with your choice?
Replies: 127
Views: 16454

Re: Retirement Destination - are you happy with your choice?

I am struggling with a similar challenge and will follow this thread with avid interest. One aspect that is important to me is the political climate of the state, town, or neighborhood. Wondering if others are feeling this way? Sometimes I feel a bit trapped in an area Ithat largely aligns with my p...
by WoodSpinner
Thu May 17, 2018 10:21 am
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

OP here, Thought I would give everyone a quick update ... We ordered a NEW Plateau FL from the dealer and were able to customize the options (PleasureWay doesn’t have many) and negotiate a price we were comfortable with. Having a sure sale gave the dealer more flexibility and less risk so they cut s...
by WoodSpinner
Thu May 17, 2018 10:17 am
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

OP here, Thought I would give everyone a quick update ... We ordered a NEW Plateau FL from the dealer and were able to customize the options (PleasureWay doesn’t have many) and negotiate a price we were comfortable with. Having a sure sale gave the dealer more flexibility and less risk so they cut s...
by WoodSpinner
Thu May 17, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

OP here, Thought I would give everyone a quick update ... We ordered a NEW Plateau FL from the dealer and were able to customize the options (PleasureWay doesn’t have many) and negotiate a price we were comfortable with. Having a sure sale gave the dealer more flexibility and less risk so they cut s...
by WoodSpinner
Wed Apr 25, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: anyone convert PONAX to PIMIX at Fidelity?
Replies: 10
Views: 1687

Re: anyone convert PONAX to PIMIX at Fidelity?

I have had a fairly small percentage of my bond allocation invested in PONDX (PIMCO income fund D class) in a couple of retirement accounts at Fido. PIMCO has done away with D class so these were converted to A class which has a slightly high ER. I would like to convert the holdings to PIMIX, the i...
by WoodSpinner
Sun Mar 25, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Are the following rollovers/conversions allowed?
Replies: 9
Views: 695

Re: Are the following rollovers/conversions allowed?

Looking to consolidate all my accounts and want to make sure this can be done so as to not violate any ira rules. Can a person: A. Contribute to a t Ira and convert it to a Roth in Jan. B. Move money from a prior 401k (with pre and after tax contributions) to the same t Ira and Roth in March. The 4...
by WoodSpinner
Sun Mar 11, 2018 8:59 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 542
Views: 63577

Re: Post your Financial Milestone Announcements Here

We hit $1M net worth (including home equity) in January, according to Quicken. And, we pushed our savings rate above 32%, which I think is more significant. The wife was mostly unimpressed . . . probably because our future retirement dates are essentially fixed in the distant future, due to the age...
by WoodSpinner
Wed Mar 07, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: New Finance Vehicles [what to invest in for retirement?]
Replies: 2
Views: 321

Re: New Finance Vehicles [what to invest in for retirement?]

Reward4Risk, I would start with the WIKI Start Here . In addition, I think you should figure out how much you can start saving and how ? (IRA, 401K, Taxable? Etc.) The Retirement Planning Wiki will also help. Lastly, after poking around the WIKI, I think you can re-post with some additional details ...
by WoodSpinner
Tue Mar 06, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: IPS – looking for details from Nisiprius, Livesoft and others
Replies: 39
Views: 5001

Re: IPS – looking for details from Nisiprius, Livesoft and others

I have a single page RETIREMENT Policy Statement. Here are two good articles from Christine Benz from Morningstar on how to create the documents. How to Create an Investment Policy Statement [Morningstar]: http://www.morningstar.com/articles/808692/how-to-create-an-investment-policy-statement.html ...
by WoodSpinner
Thu Mar 01, 2018 12:24 am
Forum: Investing - Theory, News & General
Topic: The Flexible Retirement Planner
Replies: 23
Views: 3679

Re: The Flexible Retirement Planner

I have used it for about three years and like it very much. I used extensively for modeling my plans and understanding risk. I ended up putting detailed entries to build the model. Woodspinner, Admiral....Is it worth getting the license key? Or is the freeware version with three scenarios good enou...
by WoodSpinner
Tue Feb 27, 2018 11:42 pm
Forum: Investing - Theory, News & General
Topic: The Flexible Retirement Planner
Replies: 23
Views: 3679

Re: The Flexible Retirement Planner

Good Morning - Longtime lurker and infrequent poster here. I am familiar with many of the free financial tools often referenced on the site (i.e. FIRECalc), but was wondering whether any posters are familiar with The Flexible Retirement Planner? I have been using it to model out different financial...
by WoodSpinner
Tue Feb 27, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: AA: am I being wise or missing something?
Replies: 26
Views: 2669

Re: AA: am I being wise or missing something?

OP, How secure is your Municipal pension? As I understand it, many of these types of pensions are under funded and are not backed any any guarantees. Part of the risk calculus you need to consider. I believe it to be about 75% safe. It is conservatively invested and weathered 2008/09 well. Of even ...
by WoodSpinner
Sat Feb 24, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: AA: am I being wise or missing something?
Replies: 26
Views: 2669

Re: AA: am I being wise or missing something?

OP, How secure is your Municipal pension? As I understand it, many of these types of pensions are under funded and are not backed any any guarantees. Part of the risk calculus you need to consider. Question — why are you considering a shift to a larger stock position? What changed? WoodSpinner 8-)
by WoodSpinner
Tue Feb 20, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Re-characterization Analysis -- Should I or Shouldn't I
Replies: 6
Views: 398

Re-characterization Analysis -- Should I or Shouldn't I

All, I could use some help in analyzing a tax question-- should I re characterize my Roth Conversion or leave it be? Background 1. I did an In-Kind Roth Conversion in 2017 of $34,315.45 (my very first one) into a new Roth Account. The only asset converted was VTI shares. 2. It looks like the Margina...
by WoodSpinner
Mon Feb 19, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Presenting a case for Pension vs. 403b
Replies: 6
Views: 962

Re: Presenting a case for Pension vs. 403b

I'm definitely aware and content with defined contribution plan (btw it's 6% of base salary plus 1.25% of the matching program (18.5K) so ~ 11K) The question comes down to how do I present a case for a defined contribution plan that is as reasonable as the pension plan. After all, it's a 1M differe...
by WoodSpinner
Sun Feb 18, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 168
Views: 20187

Re: Retirees: The common sense withdrawal method

From "simple Bogle Basics" to Bob's "Funded Ratio", there comes a point where, yes, to those that are aware and informed (most on the forum) things become intuitive and seem like "common sense". j :D I don't believe using the funded ratio for retirement planning is something that is intuitive for m...
by WoodSpinner
Tue Feb 13, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge - Platinum Honors
Replies: 31
Views: 5368

Re: Merrill Edge - Platinum Honors

OP,

I am a Merrill Edge client and have been very happy with their service, fund selection, and costs, Hard to go wrong. Plus their are add-on benefits through BofA that are valuable
by WoodSpinner
Tue Feb 13, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: I'm Lost Please Help Me :(
Replies: 20
Views: 2721

Re: I'm Lost Please Help Me :(

OP,

You might start at the beginning with the Bogleheads Getting Started Wiki.

You have had some very good recommendations, only additional thought is to establish an Emergency Fund as a priority.

Good luck!

WoodSpinner
by WoodSpinner
Sun Feb 11, 2018 11:43 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

All, Well the deed is done. The order is! Paperwork signed! Deposit paid! Lead time should be about 3 months! Still a bit nervous about the decision—it’s a pricey piece of machinery. Next big question — Are the extended warranties for th MB Sprinter chasis or the PLeasure-Way build/appliances worth ...
by WoodSpinner
Sun Feb 11, 2018 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Planning and Pre or Post Tax
Replies: 6
Views: 808

Re: Retirement Planning and Pre or Post Tax

Op,

Include any taxes required within the 4% withdrawal.

This is how I did it.

WoodSpinner
by WoodSpinner
Sat Feb 10, 2018 9:13 am
Forum: Investing - Help with Personal Investments
Topic: My Portfolio – Youngish Investor – Can I Improve?
Replies: 8
Views: 735

Re: My Portfolio – Youngish Investor – Can I Improve?

OP,

Probably the most important thing to do is keep saving and Live Below Your Means. 17 years is a long time, no need to make these kinds of plans now.

Trick is to find the balance to your life, find joy and adventure now, while putting away for tomorrow.

Well done!!

WoodSpinner
by WoodSpinner
Fri Feb 09, 2018 11:10 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

All, Thought I would update everyone on where we stand.... We are planning to buy a new 2017 Pleasure-way (PW) Plateau FL . Here are they key factors PW has a great reputation for quality. We have found a great deal of info on the PW FB groups as well as a number of You Tube channels. We really like...
by WoodSpinner
Thu Feb 08, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36587

Re: free dinner investing seminar

Sorry, but some of your responses are "nuts." Why not enjoy a free, high end steak dinner, at somebody else's expense? I did my first a month or so ago and have another scheduled for next week. The first steak was absolutely delicious, and the next one is at the same place. I just received another ...
by WoodSpinner
Thu Feb 08, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: moving RMDs to taxable
Replies: 9
Views: 1286

Re: moving RMDs to taxable

No. You can not do an in kind transfer with an RMD. But there is no problem with “selling low” when you are also buying low. Think of it as more of an exchange. I do not believe you are correct .... https://www.kiplinger.com/article/retirement/T055-C000-S004-shift-stock-to-satisfy-your-rmd.html Woo...
by WoodSpinner
Wed Feb 07, 2018 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: Fair Market Value of Annuity
Replies: 11
Views: 1413

Re: Fair Market Value of Annuity

Excel’s NPV functionality should help . Assume Google sheets has something similar.
by WoodSpinner
Wed Feb 07, 2018 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review for new investor
Replies: 3
Views: 544

Re: Portfolio review for new investor

I just started investing about a month ago by rolling over part of an old 401k to a traditional IRA. I chose Betterment since I am new to investing and their service manages everything for you. I felt it was a good way to get my feet wet. Then I opened a taxable account with them and deposited some...
by WoodSpinner
Tue Feb 06, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 8434
Views: 1661604

Re: U.S. stocks in freefall

Hi all, Long time lurker, first time poster. The Bogleheads.org site is such a wealth of information, I learned how to set up an IPS, how to decide upon my asset allocation, the reason for having Bonds (that took me quite a while I'll admit...) and how to set comfortable rebalancing bands and inter...
by WoodSpinner
Tue Feb 06, 2018 1:04 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 8434
Views: 1661604

Re: U.S. stocks in freefall

Looks like XIV is busted and will have to liquidate. There is also a large imbalance between the long vol and short vol products. I hate to mention Cramer but he is talking about this. We could be in store for a historic flash crash at the open quickly capitalized on by the algos. What are you all ...
by WoodSpinner
Sun Feb 04, 2018 7:37 pm
Forum: Local Chapters and Bogleheads Community
Topic: Forum's 11th Birthday - Feb. 19th
Replies: 27
Views: 2938

Re: Upcoming Forum Birthday (Feb. 19th)

All,

I am relatively new to this forum, but owe all of you an immense debt of gratitude. Since joining this forum, I have radically restructured my portfolio, developed an AA, Terminated my FA, and Retired.

WoodSpinner
by WoodSpinner
Sun Feb 04, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 161
Views: 14224

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

Missed it -- get message that the order didn't go through and contact Quicken Support ....
by WoodSpinner
Sun Feb 04, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

Disclaimer: We realize this decision is much more about a lifestyle choice than about straight economic analysis. Before I got married I spent months living out of a Ford Explorer and know quite a bit about Boondocking and Stealth camping. Its a really different experience than renting hotel rooms,...
by WoodSpinner
Sat Feb 03, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Flying Under Uncle Sam's Radar?
Replies: 17
Views: 2401

Re: Flying Under Uncle Sam's Radar?

Marsh43, The annuity/limp sum decision is a really difficult one and depends a great deal on personal circumstances. We recently had a detailed thread on the analytics of the decision that might be helpful. https://www.bogleheads.org/forum/viewtopic.php?t=236087 In addition, this Kitces article is w...
by WoodSpinner
Sat Feb 03, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: How to pay off margin and not get killed on taxes
Replies: 28
Views: 3261

Re: How to pay off margin and not get killed on taxes

I only make $14,000. A year from SSI disability tax free since FL has no state tax. I have paid $0 taxes for many many years. Only when I sold stock years ago and had capital gains did I pay the 15% taxes. My account now is with a discount broker Charles Schwab. Any income/dividends from stocks tha...
by WoodSpinner
Sat Feb 03, 2018 8:20 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

Disclaimer: We realize this decision is much more about a lifestyle choice than about straight economic analysis. Before I got married I spent months living out of a Ford Explorer and know quite a bit about Boondocking and Stealth camping. Its a really different experience than renting hotel rooms,...
by WoodSpinner
Sat Feb 03, 2018 8:18 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

We have a 2016 Pleasureway Plateau TS and like it very much. Not any major problems yet. Mobility is great, but storage space is limited, as you would expect. The on-demand hot water on ours is fussy but I believe Pleasureway has gone to a better brand. Things we newbies didn’t really think about w...
by WoodSpinner
Sat Feb 03, 2018 11:01 am
Forum: Investing - Theory, News & General
Topic: Anyone else cashing out on *some* of the crazy earnings?
Replies: 74
Views: 9384

Re: Anyone else cashing out on *some* of the crazy earnings?

jebmke wrote:
Thu Feb 01, 2018 11:11 am
I have stopped re-balancing on the way up now that I have no carryover losses.
A little puzzled by this approach ...

Do you have tax deferred space to rebalance with?

What changed to make you feel comfortable with a different AA.

WoodSpinner :?:
by WoodSpinner
Fri Feb 02, 2018 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Year 5 as a Boglehead: No debt!
Replies: 5
Views: 1445

Re: Year 5 as a Boglehead: No debt!

Way to go! Pretty impressive accomplishment.

Kudos to your wife as well, nursing is a great career

WoodSpinner :sharebeer
by WoodSpinner
Fri Feb 02, 2018 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting portfolio/investment advice
Replies: 20
Views: 2020

Re: Requesting portfolio/investment advice

Jarhead, You seem to have built a very low cost, passive portfolio! Well done. It’s obvious you have quite a bit of experience and insight. Not sure I see why you would use a Chase Private Client service unless there are benefits I am missing. I didn’t do the math, how close are you to your desired ...
by WoodSpinner
Fri Feb 02, 2018 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: How to pay off margin and not get killed on taxes
Replies: 28
Views: 3261

Re: How to pay off margin and not get killed on taxes

OP,

Can you provide some more info?

Amounts? Current income? Tax bracket? State Tax? Filing status?

We need this info to help analyze tax plan..

WoodSpinner
by WoodSpinner
Fri Feb 02, 2018 8:55 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

Class B's are nice from a mobility & economy standpoint, but they are pricey. $100-$140K can go a long way in other, larger RV options..but, everything in RVs (or boats) are a tradeoff... Mobility/economy is not a bad thing. Take a look at Sportsmobile..not heard of much, but they are into Class B'...
by WoodSpinner
Fri Feb 02, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

Sigh, just had that conversation with my lovely wife .....
by WoodSpinner
Fri Feb 02, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Roth 401k Rollover clarification
Replies: 7
Views: 905

Re: Roth 401k Rollover clarification

OP, Fortuitous timing. I just completed a Rollover of my 401k and it was really quite easy. The brokerage takes care of the details and I really didn’t have to do much other than formally make the request. Pre-Tax Funds -> Rollover IRA Roth (contributions and earnings) -> Roth IRA After Tax Funds -...
by WoodSpinner
Fri Feb 02, 2018 4:51 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

We have a 2016 Pleasureway Plateau TS and like it very much. Not any major problems yet. Mobility is great, but storage space is limited, as you would expect. The on-demand hot water on ours is fussy but I believe Pleasureway has gone to a better brand. Things we newbies didn’t really think about w...
by WoodSpinner
Fri Feb 02, 2018 4:47 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 125
Views: 14912

Re: Tips on Buying a Class-B RV

I bought a new 2014 Airstream Interstate Class B and have used it for 4 years, 40k miles, perhaps 300 nights. It was not our first RV. 1. There is plenty of room inside for two of us. Sleeping is fine. The couch folds into a Cali King, and we unroll a 1” piece of foam onto it. 2. It is easy to park...