Search found 29 matches

by jw2s
Thu Feb 21, 2019 1:16 pm
Forum: Personal Investments
Topic: Vanguard TIRA fund placement
Replies: 6
Views: 219

Re: Vanguard TIRA fund placement

Ahhhhhh, I think I understand. So, the 3K I rolled over was contributed 10yrs ago into my 401k, thus it is not a contribution this year. It is simply being rolled into this year's maximum contribution, but does not count towards the yearly maximum since it was physically contributed 10yrs ago. Thank...
by jw2s
Thu Feb 21, 2019 12:22 pm
Forum: Personal Investments
Topic: Vanguard TIRA fund placement
Replies: 6
Views: 219

Re: Vanguard TIRA fund placement

I called Vanguard. My Roth IRA is maxed out for 2018 and 2019. I didn't know this also meant my TIRA is maxed out, too. Sometimes I think I'm getting it, then this happens and I feel like a total idiot. Anyway, The 3k is sitting in the Vanguard Money Market Fund(Settlement Fund) for my TIRA. Vanguar...
by jw2s
Thu Feb 21, 2019 11:09 am
Forum: Personal Investments
Topic: Vanguard TIRA fund placement
Replies: 6
Views: 219

Vanguard TIRA fund placement

Hello, I don't believe this matters overall due to the small amount of money but I wanted to run it by smarter people than me. I have about 3K in the Vanguard Money Market Account(the 'holding cell' until I decide what to do with it.) This is a rollover from a 401K from many moons ago. It is my unde...
by jw2s
Mon Jan 28, 2019 12:57 pm
Forum: Personal Investments
Topic: Roth IRA or TIRA or pay down mortgage?
Replies: 8
Views: 514

Re: Roth IRA or TIRA or pay down mortgage?

1. You should continue to max all employer accounts with traditional not Roth contributions. Do you only have the 457b, and no access to a 403b through your employer? After maxing everything with traditional, Roth IRA for both of you make sense. Yes, I only have 457 with my employer. I do have a pe...
by jw2s
Mon Jan 28, 2019 11:44 am
Forum: Personal Investments
Topic: Roth IRA or TIRA or pay down mortgage?
Replies: 8
Views: 514

Roth IRA or TIRA or pay down mortgage?

Hello all, Im seeking advice on anything I can do better, or am doing wrong/least efficiently, with our portfolio: I'd like to know if it would be beneficial to start a Roth IRA or contribute more to a TIRA. I'm also thinking of making one of our portfolios 100% bonds for tax efficiency(if I'm corre...
by jw2s
Thu Jun 28, 2018 3:42 pm
Forum: Personal Investments
Topic: VFIAX and VEXAX? Or just one? [Vanguard 500 Index and Extended Market]
Replies: 5
Views: 999

Re: VFIAX and VEXAX? Or just one?

It seems to me, then, that having both would mimic the entire stock market(since VEXAX covers mid and small cap stocks) and the VFIAX covers the large cap stocks. I would prefer to cover the entire domestic market. Since we're both 20+ years from retirement, being a bit aggressive(in my mind investi...
by jw2s
Thu Jun 28, 2018 2:47 pm
Forum: Personal Investments
Topic: VFIAX and VEXAX? Or just one? [Vanguard 500 Index and Extended Market]
Replies: 5
Views: 999

VFIAX and VEXAX? Or just one? [Vanguard 500 Index and Extended Market]

<t>Vanguard 500 Index Admiral(VFIAX) ER 0.04<br/> Vanguard Extended Market Index Admiral(VEXAX) ER 0.08<br/> Vanguard Total Intl Stock Index Admiral(VTIAX) ER 0.11<br/> Vanguard Total Bond Market Index Admiral(VBTLX) ER 0.05<br/> <br/> My wife started a new job and has a 403(b) available to her. Lin...
by jw2s
Tue Jun 19, 2018 2:47 pm
Forum: Personal Investments
Topic: Thoughts on only putting money into a 457 and 403(b). Does anyone do it?
Replies: 18
Views: 978

Re: Thoughts on only putting money into a 457 and 403(b). Does anyone do it?

Hi fposte
The link is coming up as bad. Can you repost it?
by jw2s
Tue Jun 19, 2018 2:19 pm
Forum: Personal Investments
Topic: Thoughts on only putting money into a 457 and 403(b). Does anyone do it?
Replies: 18
Views: 978

Re: Thoughts on only putting money into a 457 and 403(b). Does anyone do it?

This is great stuff. Thank you all for your input. Spencer99 you're right. I may not drop into a lower tax bracket at retirement due to my pension and RMD. I do not have social security yet. I have to work one more quarter in the private sector to qualify for it. This factors in now, too. If I colle...
by jw2s
Tue Jun 19, 2018 10:34 am
Forum: Personal Investments
Topic: Thoughts on only putting money into a 457 and 403(b). Does anyone do it?
Replies: 18
Views: 978

Re: Thoughts on only putting money into a 457 and 403(b). Does anyone do it?

I forgot to add a tidbit. I do have a pension, so I will be getting taxed on that, too. I will be taxed on my pension as well as my 457 when I retire. This makes me want to add a Roth for both myself and my wife so we have some income that is not taxed at retirement. Does this seem logical or am I m...
by jw2s
Tue Jun 19, 2018 10:06 am
Forum: Personal Investments
Topic: Thoughts on only putting money into a 457 and 403(b). Does anyone do it?
Replies: 18
Views: 978

Re: Thoughts on only putting money into a 457 and 403(b). Does anyone do it?

Thank you soccerrules and nightfall I do save. A lot by everyone else's standards, but to Bogleheads, not enough! I max out my 457. My employer does not match anything. I am aware of a 457 not being mine until I retire. I feel safe as my employer is governmental and isn't going anywhere. I lump 457,...
by jw2s
Tue Jun 19, 2018 9:24 am
Forum: Personal Investments
Topic: Thoughts on only putting money into a 457 and 403(b). Does anyone do it?
Replies: 18
Views: 978

Thoughts on only putting money into a 457 and 403(b). Does anyone do it?

Hello everyone, I max out my 457 every year. My wife started a new job and has a 403(b) option now. After reading and reading and reading, I'm still unsure if it would be wise for her to max out her 403(b) or possibly set up a Roth IRA so that we can cover 'both bases' insofar as taxes go. Or split ...
by jw2s
Mon Nov 20, 2017 2:19 pm
Forum: Personal Investments
Topic: Transferring all funds to new elections
Replies: 7
Views: 636

Re: Transferring all funds to new elections

Hi Alexa and Paul Below was my former investment election(I switched it last week) and the corresponding ER's: I still have money sitting in these funds and am deciding on how much and where to allocate into the new investment election. I wanted to lower all of my ER's while covering the total domes...
by jw2s
Mon Nov 20, 2017 11:01 am
Forum: Personal Investments
Topic: Transferring all funds to new elections
Replies: 7
Views: 636

Re: Transferring all funds to new elections

Oops
I apologize
This is a 457 tax deferred account
by jw2s
Mon Nov 20, 2017 10:51 am
Forum: Personal Investments
Topic: Transferring all funds to new elections
Replies: 7
Views: 636

Transferring all funds to new elections

Hello everyone, Before I do this, I wanted double check with more intelligent investors and see if what I'm thinking is a good move. This is what I had as my investment elections: Vanguard Target Retirement 2040 Fund 60% Dodge & Cox International Stock Fund 15% AllianzGI NFJ Small-Cap Value Fund - I...
by jw2s
Thu Nov 16, 2017 7:27 pm
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

Re: So new, it hurts to even think about it.

Thank you for your cautionary advice. I'm very aware that I know next to nothing, but it does not dissuade me from venturing out and learning how to be an informed, active investor. I've been invested in a Target Fund for over 9 years. I'm willing to get out of it and start learning new ways of inve...
by jw2s
Thu Nov 16, 2017 10:08 am
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

Re: So new, it hurts to even think about it.

If you don't do anything, it just sits there. Your 401k will have another set of options for reallocating money already in your account. So, does this mean I essentially have 8 'places' to put my deferred comp deductions? I have $xxxxxx in my 'old' portfolio that is now sitting there(the 4 previous ...
by jw2s
Thu Nov 16, 2017 4:30 am
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

Re: So new, it hurts to even think about it.

A total newb question again... To preface this, I am reading 'The Boglehead's Guide to Investing' currently so please don't think I'm not putting effort into this. I do like the opinions of more knowledgeable investors and have gained some very welcomed insight from you all! I changed my asset alloc...
by jw2s
Thu Nov 16, 2017 3:49 am
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

Re: So new, it hurts to even think about it.

Hi Hyperborea, I have been in my current allocations since 2008. To be honest, somebody told me what to put my deferred comp into and I did. I am only now, sadly, informing myself of where/how my money has been invested. I was of the mindset 'set it and forget it' which is what I did. I am going to ...
by jw2s
Wed Nov 08, 2017 8:57 pm
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

Re: So new, it hurts to even think about it.

onthecusp said it much better then I did. I would want to build up a very good foundation of the three fund portfolio before starting to putting money into a high volatile SC fund. Badbreath, When you say foundation, do you mean money? I have low six figures tied up in these right now: Vanguard Tar...
by jw2s
Wed Nov 08, 2017 8:42 pm
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

Re: So new, it hurts to even think about it.

The book "The Boglehead's Guide to Investing" would be a great start to your education. It is a very easy ready, meant for newbies, and will give you all of the background necessary to understand the reasons for these suggestions, plus more. You can also find the information in the wiki here, but t...
by jw2s
Wed Nov 08, 2017 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 37643

Re: How old are you and how much do you save for retirement a year

It's funny. Talking to people at work I feel like I'm the only one in the world saving for retirement. Reading on here I feel like I am not doing nearly enough. I second this! People at work think I'm crazy because I max out my 457 plan($18,000/yr) but when I come on here, I feel like I'm so far be...
by jw2s
Wed Nov 08, 2017 5:23 am
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

Re: So new, it hurts to even think about it.

I did not suggest mid cap because the Institutional fund already have some in it. Yes I did suggest the low er because of cost it can make-save you thousands in the long run. I did not suggest small cap as I would rather you get comfortable with the three fund before you invest in small cap. What I...
by jw2s
Wed Nov 08, 2017 5:15 am
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

Re: So new, it hurts to even think about it.

So although your selected funds look like they are all stock funds, 13.5% (9.6 + 3.9%) of the Retirement 2040 Fund (which is 60% of your portfolio, means that your portfolio is currently 8.1% (0.135 * 0.60) in bonds. If you want to re-balance easier in the future (exchange some stock funds for bonds...
by jw2s
Wed Nov 08, 2017 5:12 am
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

Re: So new, it hurts to even think about it.

Returns since inception are mostly useless for comparison purposes, since most funds may have wildly different inception dates. I see. I guess a longer lasting fund is more reliable? The only thing expense ratio correlates with is the amount you pay to the fund company. The main reason index funds g...
by jw2s
Wed Nov 08, 2017 5:09 am
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

Re: So new, it hurts to even think about it.

I'm curious why the Vanguard Target 2040 was eliminated? Too moderate? See below. [/quote] I think you should consider using only a Vanguard Target Retirement fund, one that has an asset allocation close to your desired AA. The TR fund you are using is 85% equities, 15% bonds. The 2030 fund is at 75...
by jw2s
Tue Nov 07, 2017 8:47 pm
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

Re: So new, it hurts to even think about it.

Thank you for replying Badbreath, I like the idea of only having 3 funds. I'm curious as to why you suggested the funds you did. I see you picked the funds with the lowest ER. Is this the sole basis? Should I look at other numbers? I see some funds have higher returns with higher ER's, but don't kno...
by jw2s
Tue Nov 07, 2017 8:41 pm
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

Re: So new, it hurts to even think about it.

Also,
I see that in the three fund portfolio, the small cap stock option was eliminated and mid cap stocks weren't suggested at all. Can you share(and enlighten me) with the reasoning behind this?
by jw2s
Tue Nov 07, 2017 12:41 pm
Forum: Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 5378

So new, it hurts to even think about it.

Hello everyone, I'm trying to become more educated and involved in my finances. Prior to this, I've simply built up a savings account and maxed out my 457 deferred comp. I've always been a saver, but am now trying to make the money work for me(interest, taxes, etc).I'm trying to figure out if I shou...