Search found 89 matches

by Monster99
Sun Jul 08, 2018 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Simplification and retirement prep?
Replies: 8
Views: 742

Re: Portfolio Simplification and retirement prep?

I believe the roth growth is tax free...
by Monster99
Wed Jun 27, 2018 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculation Done Correctly?
Replies: 17
Views: 1458

Re: Social Security Calculation Done Correctly?

As mentioned upstream, the SSA.gov site has an off-line calculator (called anyPIA) that will calculate your benefit with your actual salary numbers. In the calculator you can also make changes to the assumptions used and see what the proposed future changes will look like.
by Monster99
Sat Jun 23, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5004

Re: How much of your taxable holdings is unrealized capital gains?

age of 61 and retired.
48% LTCG with 0 carryover in the taxable of ~ $700,000.
Converting 401K to Roth but the pension makes the space limited but I feel it is a good problem to have...
by Monster99
Sat Jun 23, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]
Replies: 21
Views: 2421

Re: VBIAX vs. VWELX [Vanguard Balanced Index vs. Wellington]

DW has the Balanced Fund in her IRA and has done quite well for 20 years. very simple and rebalances on its' own....
by Monster99
Sat Jun 23, 2018 8:08 am
Forum: Investing - Help with Personal Investments
Topic: Is this all investing is?
Replies: 38
Views: 3771

Re: Is this all investing is?

So..... When you hit 40 and are FI, what are you going to do for the next 50-55 years? If you don't live and enjoy life now, it gets more difficult when you are in your 60's and 70's...
by Monster99
Tue Jun 19, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 169
Views: 14714

Re: How much (green) cash at home for emergency ?

20 gals of drinking water in the garage - replaced every 3 weeks.... when the zombies attack, we can trade potable water for transportation. :D Just wondering why you replace the water every 3 weeks. Do you expect it to get stale or spoil? Depending on your religious views that water might be anywh...
by Monster99
Mon Jun 18, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: How do folks pull retirement income out of Wellesley?
Replies: 12
Views: 2028

Re: How do folks pull retirement income out of Wellesley?

I don't reinvest dividends - they go to the settlement account for income if needed or reinvestment to keep AA at my 55/45. I have been retired for 18 months.
by Monster99
Mon Jun 18, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 169
Views: 14714

Re: How much (green) cash at home for emergency ?

20 gals of drinking water in the garage - replaced every 3 weeks....
when the zombies attack, we can trade potable water for transportation. :D
by Monster99
Mon Jun 18, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Admiral Shares (VBIAX)
Replies: 22
Views: 2090

Re: Vanguard Balanced Index Fund Admiral Shares (VBIAX)

Seems like everyone thinks that all the tax effient funds have been available forever. At the time I started investing, 401k space was low, there was no roth accounts abailable and most funds charged high fees - except for Vanguard.
by Monster99
Mon Jun 18, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Northwestern Mutual Advisory Portfolios
Replies: 23
Views: 1041

Re: Northwestern Advisory Portfolios

Make sure that the benchmark index they use incudes the dividend - ins. co. like to use index benchmarks that make their funds look good....
by Monster99
Fri Jun 15, 2018 9:01 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11886

Re: Which boglehead rule do you break--and are ok with

I own Dodge and Cox Stock Fund and International Fund (in taxable)
I also have both Wellesley and Wellington funds.
by Monster99
Thu Jun 07, 2018 6:28 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Marketing [Transition to brokerage account]
Replies: 16
Views: 1216

Re: Vanguard Marketing [Transition to brokerage account]

sport wrote:
Thu Jun 07, 2018 5:08 am
I hate the lack of a comprehensive annual statement, and automatic transfers between funds.
+1
- back in early 2000's I had a Scottrade acct. and at the end of the year, you would get a total transation list and that was 15 years ago.......
by Monster99
Mon May 28, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Brokerage Account
Replies: 17
Views: 2426

Re: Vanguard Brokerage Account

Monthly purchase of the S&P500 fund for ~20 years, still pulled the money from my checking account after conversion to the brokerage platform.
by Monster99
Wed May 23, 2018 8:11 am
Forum: Investing - Theory, News & General
Topic: Predicting income from investment
Replies: 13
Views: 1054

Re: Predicting income from investment

Fine print at the bottom of every statement I have ever seen - "Past performance is no guarantee of future returns"...
by Monster99
Thu May 17, 2018 6:21 pm
Forum: Investing - Theory, News & General
Topic: In plan Roth conversion and RMDs
Replies: 6
Views: 595

Re: In plan Roth conversion and RMDs

That is my strategy for my 401k - do in-plan conversions to my roth 401k (pay the taxes from my savings) and then roll over to a roth IRA before age 70.
by Monster99
Wed May 09, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: template portfolios for after retiring
Replies: 2
Views: 492

Re: template portfolios for after retiring

I kept my funds the same and just reduced stock allocation from 70/30 (St/Bd) to 55/40/5 (St/Bd/Cash) in retirement.
by Monster99
Wed May 09, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: 401k Stable Value Fund Rates?
Replies: 35
Views: 2629

Re: 401k Stable Value Fund Rates?

Wow! My 401K SVF really lags most of the posted returns -

YTD - 0.69%
1Y - 1.79%
3Y - 1.60%
5Y - 1.56%
ER - 0.334
by Monster99
Sat May 05, 2018 6:04 am
Forum: Investing - Help with Personal Investments
Topic: historical transactions into spreadsheet
Replies: 10
Views: 767

Re: historical transactions into spreadsheet

I have a Excel file that has transactions that go back into the 90's - the biggest issue is when you cross the Admiral level, you need to adjust the cost of the previous shares in your transaction sheet.
by Monster99
Mon Apr 02, 2018 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Hold on Transfered Cash
Replies: 1
Views: 178

Hold on Transfered Cash

I recently linked my bank account to my Vanguard account (previously I would just send in a check...). I understand the 5 day hold on a check that they receive to clear from the bank, but I was surprised to see the same hold period for electronic transfer - I don't think the bank will transfer money...
by Monster99
Thu Mar 29, 2018 7:45 am
Forum: Investing - Help with Personal Investments
Topic: SpecId cost-basis in upgraded brokerage account
Replies: 1
Views: 222

Re: SpecId cost-basis in upgraded brokerage account

For my account, it took about 3 days. I would also recommend doing a screen capture that shows that the selection is SpecID for your funds. Things happen, and it is better to have proof they were SpecID.
by Monster99
Tue Mar 27, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Downloading 1099s into H & R Block
Replies: 12
Views: 632

Re: Downloading 1099s into H & R Block

The only issue I have come across with downloading is the fact that you can't designate the % Government obligations for each fund - helpful for my state (IN) return as they don't tax government obligations.
by Monster99
Tue Mar 27, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 6805

Re: Vanguard "system issue" 3/27/18 [erroneous "not enough money in settlement fund" notice]

Are they (Vanguard) responsible for lost interest since they sold my Prime MM in error? I doubt They will even acknowledge that a problem even existed, let alone apologize to their customers.....
by Monster99
Tue Mar 27, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 6805

Re: Vanguard "system issue" 3/27/18 [erroneous "not enough money in settlement fund" notice]

Same Issue here - Looks like they sold some of my Prime MM to cover a transaction when my settlement account had more than enough. This is the second screw-up in the last few months and will finally generate enough activation energy for me to switch to Fidelity or Schwab. I guess they consider my 2M...
by Monster99
Thu Mar 22, 2018 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: What Budget? Do you keep one?
Replies: 116
Views: 8087

Re: What Budget? Do you keep one?

I tracked saving and spending in MSMoney for about 10 years before retiring. Now I track spending with Excel and have a basic budget with monthly spending guidelines. Being debt-free (no mortgage or CC debt) really helps with the budget - We find that my pension and the dividends from the taxable ac...
by Monster99
Fri Mar 16, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: If you were to fully fund 2 Roths 22k tommorow.
Replies: 20
Views: 1556

Re: If you were to fully fund 2 Roths 22k tommorow.

Vanguard balanced index (admiral shares) 60/40 and low cost.
by Monster99
Fri Mar 09, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: CRISPR Cas9 [Molecular biology - Targeted genome editing]
Replies: 14
Views: 1903

Re: CRISPR Cas9 [Molecular biology - Targeted genome editing]

I was a biochemist for a large pharma co. and have done a small amount of molecular biology, and can say it is quite useful, but not all that easy-to-use. Still will be interesting to see if it can be utilized to its full potential in the next 10 years...
by Monster99
Fri Mar 09, 2018 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Tax withholding from tIRA to Roth
Replies: 4
Views: 517

Re: Tax withholding from tIRA to Roth

Thanks to all for the responses!
by Monster99
Fri Mar 09, 2018 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: Freezing credit reports and opening CDs
Replies: 22
Views: 1971

Re: Freezing credit reports and opening CDs

mbres60 wrote:
Fri Mar 09, 2018 5:34 pm
I may be naive but why would opening a CD require a credit check?
Credit has been frozen for years, no problem with purchasing CD's....
by Monster99
Fri Mar 09, 2018 6:22 am
Forum: Investing - Help with Personal Investments
Topic: Tax withholding from tIRA to Roth
Replies: 4
Views: 517

Tax withholding from tIRA to Roth

Age - 62 tIRA - 800,000 Roth 75,000 Pension income + capital gains - ~60,000 At age 70 Pension + SS (DW and myself) Will cover over 100% of expenses This year will be the first year for me to convert tIRA funds to the Roth account. The question I have is about tax withholding from the conversion. If...
by Monster99
Mon Mar 05, 2018 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Taxes
Replies: 19
Views: 1813

Re: Estimated Taxes

I just finished my 2017 return, got back $800 in federal. I will have ~$200,000 LTCG in 2018. From the below highlight, I don't need to make estimated tax.Correct ? https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes Penalty for Underpayment of Estimated Tax If you didn’t ...
by Monster99
Tue Feb 27, 2018 10:28 pm
Forum: Investing - Theory, News & General
Topic: The Flexible Retirement Planner
Replies: 23
Views: 3021

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 Monster99
Wed Feb 21, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Safe to file taxes now?
Replies: 57
Views: 5141

Re: Safe to file taxes now?

Anybody use H&R Block Deluxe tax software? Software says not all Federal forms are final and softwar update coming Feb 23. There will certainly be some revisions to forms. The 1040 will need to add a line in the adjustments section for Tuition and Fees Deduction. Schedule A will need to add a line ...
by Monster99
Tue Feb 13, 2018 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Going Paperless Issues
Replies: 68
Views: 4636

Re: Going Paperless Issues

Had my cc compromised (twice) - after rhe second time, I now do everything though snail mail...
by Monster99
Thu Feb 01, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Question about switching to SpecID at Vanguard
Replies: 5
Views: 553

Re: Question about switching to SpecID at Vanguard

Be sure to take screen captures before confirming the sale - I had a sale with specID that Vanguard documented as FIFO...
by Monster99
Mon Jan 29, 2018 7:20 pm
Forum: Investing - Theory, News & General
Topic: What taxes in retirement?
Replies: 6
Views: 1424

Re: What taxes in retirement?

nolesrule wrote:
Mon Jan 29, 2018 11:00 am
There is the 3.8% Net Investment Income Tax on investment earnings that fall above an AGI of 250k MFJ.
This, plus if your investments generate a lot of dividends and capital gains, you could be looking at ATM issues...
by Monster99
Mon Jan 29, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvest dividends in taxable account?
Replies: 13
Views: 1767

Re: Reinvest dividends in taxable account?

being retired, I take the div and capital gains from the taxable account in cash. If I don't need it for living expenses I reinvest where needed to keep my allocation at 55/40/5 (stock/bonds/cash).
by Monster99
Tue Jan 23, 2018 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard lists my cost-basis (cost per share) the same for all lots
Replies: 14
Views: 1283

Re: Vanguard lists my cost-basis (cost per share) the same for all lots

I had this happen also - sold 3 lots with SpecID and the confirmation said ave cost. took one phone call to get straight, but I now have been reluctant to move my 401K to Vanguard if they can't get simple transactions straight. I wonder if they realize how much additional business they lose because ...
by Monster99
Wed Jan 10, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: Running Maximum Withdrawal Percentage: Any data on this?
Replies: 26
Views: 1860

Re: Running Maximum Withdrawal Percentage: Any data on this?

You could use the IRS RMD tables to withdraw from your total portfolio - That would pull all the funds out over your timeframe and leave no legacy.
by Monster99
Mon Jan 08, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: Present value of stable income in retirement
Replies: 3
Views: 758

Present value of stable income in retirement

Does the present value (pv) calculations of your social security and pension affect your AA in retirement? I am wondering how stable income affects bond allocation in retirement....
by Monster99
Sat Jan 06, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: 2018 Hedge Fund contest
Replies: 155
Views: 14792

Re: 2018 Hedge Fund contest

Name - Perfect Pyramid Planning

Long
Netflix. NFLX
Amazon. AMZN
General Electric. GE

short
Tesla. TSLA
Intel. INTC
Twitter. TWTR
by Monster99
Wed Jan 03, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes [Do it yourself or use tax software?]
Replies: 39
Views: 3220

Re: Taxes [Do it yourself or use tax software?]

H&R Block software - used TT before but got tired of them changing things with the software to maximize their profit.

Picked up CD version of Deluxe with State for $20 from Amazon, but the forms update won't be available until Jan 5.....
by Monster99
Sat Dec 30, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Will I be taxed again on my 401k?
Replies: 28
Views: 2127

Re: Will I be taxed again on my 401k?

To think about -
Hurricanes, mosquitoes, oppressive heat in the summer, ect.....
by Monster99
Thu Dec 28, 2017 1:47 pm
Forum: Investing - Theory, News & General
Topic: This is Unbelievable - another Vanguard customer support odyssey
Replies: 59
Views: 12330

Re: This is Unbelievable - another Vanguard customer support odyssey

I have recently retired and am thinking of rolling my 401K over next year - It is 90% t401K and 10% roth 401K. From the way the funds are tracked in the 401K, they look "co-mingled", in that if I move money to a different fund, the money is 90% traditional and 10% roth. I am really concerned that th...
by Monster99
Wed Dec 27, 2017 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Andrews FCU failed to withhold state tax from RMD
Replies: 9
Views: 966

Re: Andrews FCU failed to withhold state tax from RMD

I had a unexpected large distribution from a fund for December, and contacted my state DOR (Indiana). The said that I could make a one-time payment before the end of the year. It also will be deductible this tax year, if I itemize.
by Monster99
Fri Dec 22, 2017 4:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard’s take on the tax bill
Replies: 14
Views: 3364

Re: Vanguard’s take on the tax bill

But you won't be able to re-characterize the losers back to tIRA at the end of the year. Once you have converted to the roth, no going back.....
by Monster99
Mon Dec 18, 2017 10:06 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 90
Views: 15522

Re: Why is Vanguard switching all accounts to brokerage accounts?

Must be the trust - we have only individual accounts.
by Monster99
Mon Dec 18, 2017 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Dividends
Replies: 40
Views: 4469

Re: Dividends

This is an interesting discussion. I'm interested in hearing strategies used by investors in taxable accounts to reinvest dividends in such a way as to minimize the creation of bunches of additional tax lots. Retired - I direct dividends to cash, then what is not needed for living expenses is reinv...
by Monster99
Mon Dec 18, 2017 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Dividends
Replies: 40
Views: 4469

Re: Dividends

This is an interesting discussion. I'm interested in hearing strategies used by investors in taxable accounts to reinvest dividends in such a way as to minimize the creation of bunches of additional tax lots. Retired - I direct dividends to cash, then what is not needed for living expenses is reinv...
by Monster99
Sun Dec 17, 2017 10:01 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 90
Views: 15522

Re: Why is Vanguard switching all accounts to brokerage accounts?

I converted to brokerage last year and my wife converted this year - no paperwork and took less than 10 minutes of my time. A few days later all accounts were converted. The only thing I dislike is the 1099 forms come later in the new year.