Search found 672 matches

by WoodSpinner
Thu Apr 18, 2019 8:49 pm
Forum: Investing - Theory, News & General
Topic: Can 401k type retirement plans provide safe retirement income? - Thaler & Milevsky
Replies: 16
Views: 2477

Re: Can 401k type retirement plans provide safe retirement income? - Thaler & Milevsky

bobcat2 wrote:
Thu Apr 18, 2019 7:14 pm
The videos and slides for the program are now available on the following Brookings page.
Link - https://www.brookings.edu/events/can-re ... fe-income/

BobK
Appreciate it!
by WoodSpinner
Thu Apr 18, 2019 8:47 pm
Forum: Investing - Theory, News & General
Topic: Would you be willing to temporarily change your AA?
Replies: 41
Views: 3071

Re: Would you be willing to temporarily change your AA?

All, I don’t want to hijack this thread and will be happy to create a new one .... The question asked makes some big assumptions about the investor, namely how long they are to retirement (OP indicated 22 years). I think the answer would be different for someone like me who retired last year and nee...
by WoodSpinner
Wed Apr 17, 2019 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - How Secure?
Replies: 28
Views: 1416

Re: Social Security - How Secure?

Not sure if you have seen this tool. If not, highly recommend it.

https://opensocialsecurity.com/
by WoodSpinner
Tue Apr 16, 2019 8:06 pm
Forum: Personal Consumer Issues
Topic: Buying a Roadtrek
Replies: 27
Views: 2997

Re: Buying a Roadtrek

All,

Looks like there is now a Buyer for Roadtrek, they plan to resume production (scaled back) and honor existing warranties.

https://www.therecord.com/news-story/92 ... rek-brand/

WoodSpinner
by WoodSpinner
Tue Apr 16, 2019 7:46 pm
Forum: Personal Consumer Issues
Topic: Travel Tips -- Santa Fe, Taos, etc.
Replies: 32
Views: 1278

Re: Travel Tips -- Santa Fe, Taos, etc.

We really enjoyed our stay at La Fonda in Santa Fe. Spent a whole day walking the Galleries —

We also had an amazing time at White Sands National Monument and Carlsbad Caverns.

Also, take some time and visit some of the Pueblo’s...


WoodSpinner
by WoodSpinner
Tue Apr 16, 2019 8:58 am
Forum: Personal Consumer Issues
Topic: What Are Your Simple Pleasures?
Replies: 100
Views: 5284

Re: What Are Your Simple Pleasures?

Morning Coffee (my own brewed Americano)
Reading Bogleheads ....

😎
by WoodSpinner
Mon Apr 15, 2019 6:17 pm
Forum: Investing - Theory, News & General
Topic: FIRE Decumulation Strategy Books/Podcasts/Info
Replies: 5
Views: 878

Re: FIRE Decumulation Strategy Books/Podcasts/Info

The Mr Money Mustache forum is also a good source of information depending on where you are on your FIRE journey.

https://forum.mrmoneymustache.com/index.php
by WoodSpinner
Mon Apr 15, 2019 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Is it a no brainier to donate appreciated shares to a charity?
Replies: 13
Views: 1433

Re: Is it a no brainier to donate appreciated shares to a charity?

Donating appreciated stock is exactly what I did last year and plan to do in the future.

Of course I am married and my estate is well under the approx $22MM limit. Biggest concerns where making sure I had enough and how I can bunch the donations to take advantage of itemizing.

WoodSpinner
by WoodSpinner
Mon Apr 15, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: What defines "income" on a retiree's credit card application?
Replies: 102
Views: 5765

Re: What defines "income" on a retiree's credit card application?

1) (Modified) adjusted gross income on my 1040: This would have been very, very low during the past few years when I was on ObamaCare. Now I am doing large (150k+/year) Roth conversions for the next 5 years, so MAGI would be respectable. This approach really does not seem right though, because doin...
by WoodSpinner
Sun Apr 14, 2019 11:18 pm
Forum: Investing - Theory, News & General
Topic: Post your Investment Policy Statement IPS here
Replies: 62
Views: 64406

Re: Post your Investment Policy Statement IPS here

All, I put together a more detailed IPS to help me and my wife navigate retirement investing. Its a bit more detailed than some but its been a great vehicle to help us think and discuss our plans. Thought I would share a template in case its helpful to anyone else.... https://drive.google.com/open?i...
by WoodSpinner
Sat Apr 13, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Should I use an existing Roth IRA with balance for Roth IRA conversion?
Replies: 4
Views: 336

Re: Should I use an existing Roth IRA with balance for Roth IRA conversion?

There are ordering rules for withdrawals that govern what is taken out and what penalties or taxes are assessed. Best to consult the source is you have specific concerns. https://www.irs.gov/publications/p590b Ordering Rules for Distributions If you receive a distribution from your Roth IRA that isn...
by WoodSpinner
Sat Apr 13, 2019 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement simulation
Replies: 2
Views: 436

Re: Early retirement simulation

Here is a good place to start...

https://www.bogleheads.org/wiki/Retiree_Portfolio_Model

The forums WIKI has a wealth of knowledge, insight and advice on the topic.

Good luck

WoodSpinner
by WoodSpinner
Fri Apr 12, 2019 8:28 am
Forum: Personal Investments
Topic: Merrill Edge Feedback
Replies: 25
Views: 1986

Re: Merrill Edge Feedback

I was told by ME customer service that ME rep can do the BackDoor Roth over phone vs Manual Forms BoA Credit Card bonus avg around 3.0-3.5% for all catagories with ME 100K, I feel it is a good value. I currently am split between Fidelity and Merrill Edge and only hold Vanguard ETFs, plus a CD. I li...
by WoodSpinner
Thu Apr 11, 2019 9:55 am
Forum: Personal Investments
Topic: Merrill Edge Feedback
Replies: 25
Views: 1986

Re: Merrill Edge Feedback

I currently am split between Fidelity and Merrill Edge and only hold Vanguard ETFs, plus a CD. I like the benefits of the Merrill/BofA connection, checking, credit card, safe deposit box to name a few at no cost (I hold over $100M in assets at Merrill). Only complaint I have is that it is more cumb...
by WoodSpinner
Wed Apr 10, 2019 7:08 pm
Forum: Personal Investments
Topic: Merrill Edge Feedback
Replies: 25
Views: 1986

Re: Merrill Edge Feedback

I currently am split between Fidelity and Merrill Edge and only hold Vanguard ETFs, plus a CD. I like the benefits of the Merrill/BofA connection, checking, credit card, safe deposit box to name a few at no cost (I hold over $100M in assets at Merrill). Only complaint I have is that it is more cumbe...
by WoodSpinner
Mon Apr 08, 2019 7:30 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Are you annually spending in Real or Nominal Terms?
Replies: 63
Views: 3720

Re: Retirees: Are you annually spending in Real or Nominal Terms?

While only 4 responses are in thus far, this is interesting in that it's just like I thought, when retired, one takes from their account either as needed or in nominal terms. No one is saying I'm taking 4% adjusted for 3% inflation this year or 4.12% more than last year! And yet, how many threads d...
by WoodSpinner
Sun Apr 07, 2019 11:03 am
Forum: Investing - Theory, News & General
Topic: April "Bogleheads on Investing" podcast with special guest Allan Roth!
Replies: 18
Views: 2392

Re: April "Bogleheads on Investing" podcast with special guest Allan Roth!

Thousands of people have downloaded Allan Roth's interview posted today. Here is a list of past Bogleheads on Investing podcast guests: Sep. 2018: John Bogle Oct. 2018: David Blitzer Nov. 2018: Jonathan Clements Dec. 2018: Cristine Benz Jan. 2019: Gus Sauter Feb. 2019: Dan Egan Mar. 2019: Mike Pipe...
by WoodSpinner
Sun Apr 07, 2019 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Roth Conversions - Estimating Future Tax Rates
Replies: 47
Views: 2520

Re: Roth Conversions - Estimating Future Tax Rates

I am slowly coming around to the idea of Matching AGI. Spent some time updating my model and now have a plan that averages the AGI from 60-70, with the AGI from 71-80. Definitely a worthwhile exercise and a very helpful conversation. Same here. Just added an AGI chart to my tax planning spreadsheet...
by WoodSpinner
Sat Apr 06, 2019 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversions - Estimating Future Tax Rates
Replies: 47
Views: 2520

Re: Roth Conversions - Estimating Future Tax Rates

Wizard, I am slowly coming around to the idea of Matching AGI. Spent some time updating my model and now have a plan that averages the AGI from 60-70, with the AGI from 71-80. Definitely a worthwhile exercise and a very helpful conversation. I like having some mathematical heuristic that helps me de...
by WoodSpinner
Sat Apr 06, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Roth Conversions - Estimating Future Tax Rates
Replies: 47
Views: 2520

Re: Roth Conversions - Estimating Future Tax Rates

All, Could someone double check my logic for what the current Tax Law specifies when TCJA sunsets and rates revert in 2026. I am assuming a 2.5% inflation rate and simply compounded this (2% Inflation, 9 years) to get projected rates for 2026. Is the math and legal logic correct? https://drive.googl...
by WoodSpinner
Thu Apr 04, 2019 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversions - Estimating Future Tax Rates
Replies: 47
Views: 2520

Re: Roth Conversions - Estimating Future Tax Rates

All, First, thank you all for your input. Based on the discussion there seems to be several approaches for Estimating Future Tax Rates. 1. Ignore them and focus on matching AGI. 2. Ignore them and focus on converting to the top of the current years marginal tax rate. 3. Adjust Tax Brackets based on ...
by WoodSpinner
Thu Apr 04, 2019 10:10 am
Forum: Personal Investments
Topic: Taxes and Roth conversions
Replies: 11
Views: 634

Re: Taxes and Roth conversions

OP, I find it much easier to NEVER HAVE TAXES TAKEN from my Pensions or Roth Conversions. Use TaxCaster, TurboTax, or manual method to estimate taxes so I can properly budget them. If my income is similar or greater than last year, I use a safe harbor provision, in my case it’s 110% of 2018 taxes fo...
by WoodSpinner
Wed Apr 03, 2019 10:51 am
Forum: Personal Consumer Issues
Topic: Windows 10 on Macbookpro
Replies: 6
Views: 425

Re: Windows 10 on Macbookpro

Is anyone running Windows 10 Home edition on a MBP? If so, are you happy with the performance? Are you using Apple's Bootcamp or some other Virtual Machine software? If VM, which one? I am really considering installing W10 on my 2015 MBP and would like to hear from others. Thanks. I am and so far v...
by WoodSpinner
Wed Apr 03, 2019 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Roth Conversions - Estimating Future Tax Rates
Replies: 47
Views: 2520

Re: Roth Conversions - Estimating Future Tax Rates

All, Appreciate the feedback but I am not sure I am quite getting the info I seek. Trying to focus on how to model tax rates through a 30 year retirement and their effect on Roth Conversions. For those of you who have built Retirement Models, how are you handling this tricky issue? We have to do som...
by WoodSpinner
Tue Apr 02, 2019 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversions - Estimating Future Tax Rates
Replies: 47
Views: 2520

Re: Roth Conversions - Estimating Future Tax Rates

Don’t rely on one set of future tax rates to do the analysis. Run a few different analyses with different tax rate assumptions. Your planning should try to balance out the different results, depending on your perception of their likelihood. Probing a bit given there are already a number of variable...
by WoodSpinner
Tue Apr 02, 2019 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Large Tax Liability, Post-Divorce
Replies: 8
Views: 994

Re: Large Tax Liability, Post-Divorce

One quick question -- is your ex paying more than 50% for the home and support of your kids? Just wondering if you could file as Head-of-Household and claim them as dependents/ No insights on your bigger question -- but would like to learn for my own sake. I don't believe it is based on who is payi...
by WoodSpinner
Tue Apr 02, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversions - Estimating Future Tax Rates
Replies: 47
Views: 2520

Roth Conversions - Estimating Future Tax Rates

All, When planning a Roth Conversion strategy you need to have a process for estimating what your future taxes will be based on predicted RMDs. Wondering what is the best way to generate the Future Tax tables for this analysis. It's taken me several years to wrap my head around the variables and con...
by WoodSpinner
Tue Apr 02, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Large Tax Liability, Post-Divorce
Replies: 8
Views: 994

Re: Large Tax Liability, Post-Divorce

One quick question -- is your ex paying more than 50% for the home and support of your kids? Just wondering if you could file as Head-of-Household and claim them as dependents/

No insights on your bigger question -- but would like to learn for my own sake.
by WoodSpinner
Tue Apr 02, 2019 9:54 am
Forum: Investing - Theory, News & General
Topic: Retirement Income Plan - Vanguard
Replies: 4
Views: 838

Re: Retirement Income Plan - Vanguard

#4 makes no sense to me. It is vague and implies double taxation which is wrong. All it says is that you pay tax on the dividends when issued in Taxable. If yo re-invest them and the shares gain in value you will also have CapitolGains on the sale. Pretty straightforward unless I missed something.
by WoodSpinner
Sun Mar 31, 2019 9:22 pm
Forum: Personal Investments
Topic: Form 709 question - Superfunding 529
Replies: 2
Views: 189

Re: Form 709 question - Superfunding 529

Not 100% sure I follow the question, but I think it’s handled since each spouse completes a 709 for their portion of the gift.
by WoodSpinner
Sun Mar 31, 2019 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Struggling with Gift Tax 709 Form
Replies: 15
Views: 979

Re: Struggling with Gift Tax 709 Form

HueyLD wrote:
Sun Mar 31, 2019 9:30 am
Yes, that's what the exception #2 says.

You do need to parse the complicated sentences carefully and may have to do it more than once.
Gotta say, 709 was pretty daunting to figure out. Glad I don’t do this for a living. Might be a good WIKI add, “Form 709 for dummies!”.
by WoodSpinner
Sun Mar 31, 2019 10:41 am
Forum: Forum Issues and Administration
Topic: An Open Call for Forum Moderators
Replies: 6
Views: 1836

Re: An Open Call for Forum Moderators

LadyGeek,

Appreciate the insight...

Will pass for now.

WoodSpinner
by WoodSpinner
Sun Mar 31, 2019 9:32 am
Forum: Forum Issues and Administration
Topic: An Open Call for Forum Moderators
Replies: 6
Views: 1836

Re: An Open Call for Forum Moderators

Is there enough flexibility to deal with travel schedules? I would like to help, but there are times When I am on the road in our RV and my time and cell signal will be questionable.

I like the idea of helping this community and paying forward for all the great assistance it has provided.
by WoodSpinner
Sun Mar 31, 2019 9:01 am
Forum: Personal Investments
Topic: Assisting with Mom's Portfolio and RMDs
Replies: 10
Views: 984

Re: Assisting with Mom's Portfolio and RMDs

OP, For convience I would combine the IRAs since it will reduce complexity and make it easier to manage. Not familiar with TD Ameritrade but really like the Fidelity platform and customer service. Your call... You can easily just take the RMD from only 1 or both of the funds, just consider it 1 pool...
by WoodSpinner
Sat Mar 30, 2019 9:28 am
Forum: Personal Investments
Topic: What should I do with my dividends?
Replies: 16
Views: 1277

Re: What should I do with my dividends?

What is RMW 🥺
by WoodSpinner
Fri Mar 29, 2019 9:12 pm
Forum: Investing - Theory, News & General
Topic: Conversion Strategy and a market drop
Replies: 22
Views: 1205

Re: Conversion Strategy and a market drop

I have a target $$ amount to convert most years. If I see that a particular asset class (bonds vs stock vs inter'l stock) is down relative to last year's value, then I convert more of that. If everything is up, I would pick bond funds to convert. This does not change my asset balance, but I try a l...
by WoodSpinner
Fri Mar 29, 2019 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: When to take social security for maximum inheritance?
Replies: 31
Views: 2768

Re: When to take social security for maximum inheritance?

Have you used viewtopic.php?t=236087 yet?

Very helpful with this kind of question.
by WoodSpinner
Fri Mar 29, 2019 3:35 pm
Forum: Personal Investments
Topic: Help with Pension Decision
Replies: 29
Views: 2764

Re: Help with Pension Decision

You may find this thread helpful — viewtopic.php?t=236087

Not an easy decision since it depends a grreat deal on your personal circumstances and priorities.

WoodSpinner
by WoodSpinner
Fri Mar 29, 2019 10:42 am
Forum: Personal Investments
Topic: What's the angle???
Replies: 8
Views: 734

Re: What's the angle???

Hi- Just wanted to ask for some opinions. I recently became a widow, I'm with Fidelity, and when they combined my husband's accounts with mine, I suddenly became "interesting" to them, and was assigned an "advisor" in the local office. He asked me to come in for a "portfolio review".. I have been f...
by WoodSpinner
Fri Mar 29, 2019 10:37 am
Forum: Investing - Theory, News & General
Topic: Conversion Strategy and a market drop
Replies: 22
Views: 1205

Re: Conversion Strategy and a market drop

Great question, I have been pondering Conversion timing myself. Given that no one knows what will be going on in the markets...... 1. Created a target conversion for the next year in early December ( this is can be pretty challenging). 2. Convert in monthly increments, similar to dollar-cost-averagi...
by WoodSpinner
Thu Mar 28, 2019 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: I'm paying estimated taxes this year...
Replies: 4
Views: 370

Re: I'm paying estimated taxes this year...

Did you discuss this with the Tax Preparer?
by WoodSpinner
Thu Mar 28, 2019 12:13 pm
Forum: Personal Investments
Topic: Should We Sell Short Term Bonds to Pay Off Mortgage?
Replies: 179
Views: 5171

Re: Should We Sell Short Term Bonds to Pay Off Mortgage?

2.8% withdrawal? May I be the first to welcome you into the world of rediculous. No worries at all about the thread. I'm enjoying the discussion. cherijoh: For what it's worth, our planned withdrawal rate is 3.5%. We have no crystal ball, but we believe we'll have enough to have a paid off mortgage...
by WoodSpinner
Wed Mar 27, 2019 2:31 pm
Forum: Investing - Theory, News & General
Topic: 17 out of 18 American Funds have beaten the index
Replies: 63
Views: 4633

Re: 17 out of 18 American Funds have beaten the index

This is all I'm going to say: https://www.youtube.com/watch?v=K2FQ98gzeDw Very interesting video..... Seems persuasive to me but would love others to comment. FWIW, I prefer to get my info in writing along with analysis, charts etc. not video. Find it difficult to absorb and analyze in video form —...
by WoodSpinner
Tue Mar 26, 2019 11:16 pm
Forum: Personal Investments
Topic: Should We Sell Short Term Bonds to Pay Off Mortgage?
Replies: 179
Views: 5171

Re: Should We Sell Short Term Bonds to Pay Off Mortgage?

Because he can’t maintain his desired asset allocation if he sells bonds to payoff mortgage. It will take him close to 100% in stocks near retirement.

That is riskier than the mortgage cashflow.

Plus he doesn’t need to hold bonds in taxable, hold stocks there and bonds in tax deferred.
by WoodSpinner
Tue Mar 26, 2019 9:28 pm
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 8422

Re: Tattoos and Bogleheads

OP, I have several tattoos and a few regrets. The most Important one is a memorial piece for my first wife who passed way too early. All of my tattoos have a very personal meaning, they were well considered, and expertly done. That said, I learned a few things living with them and at least one I wou...
by WoodSpinner
Tue Mar 26, 2019 9:09 pm
Forum: Personal Investments
Topic: Should We Sell Short Term Bonds to Pay Off Mortgage?
Replies: 179
Views: 5171

Re: Should We Sell Short Term Bonds to Pay Off Mortgage?

All, Here are a couple of points that might help... 1. I would not be comfortable going into retirement at 100% equities despite backtesting. Given a 50 plus year retirement I would not make a “bet” that the past performance would be indicative of future results. 2. We don’t have the full financial ...
by WoodSpinner
Sun Mar 24, 2019 9:19 am
Forum: Personal Investments
Topic: EmergDoc's Investing Plan Thread [White Coat Investor]
Replies: 39
Views: 23513

Re: EmergDoc's Investing Plan Thread

A quick Google on “Excel FV” will lead to numerous writtenexamples and other videos.

This should be a good start.

https://exceljet.net/excel-functions/excel-fv-function
by WoodSpinner
Fri Mar 22, 2019 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Need Foreign Currency
Replies: 25
Views: 1250

Re: Need Foreign Currency

ATM once I have landed.Usually a small amount at airport and more at a local bank.
by WoodSpinner
Wed Mar 20, 2019 5:07 pm
Forum: Personal Investments
Topic: Looking for AMT estimator for 2019 taxes
Replies: 7
Views: 599

Re: Looking for AMT estimator for 2019 taxes

I would run it through Turbo Tax to simulate the return
by WoodSpinner
Tue Mar 19, 2019 8:06 am
Forum: Personal Consumer Issues
Topic: Visiting Tucson, AZ for 3 days - what to see?
Replies: 46
Views: 1663

Re: Visiting Tucson, AZ for 3 days - what to see?

OP, We were there for the Gem and Mineral Show in February. Loved the town and found lot’s to see. A couple of items I didn’t see mentioned ... Mexican Food — Mi Nidito, it was really special! Military Aircraft Boneyard — http://www.pimaair.org/tour-boneyard (note, you have to reserve in advance and...