Search found 17 matches

by elgob
Thu Feb 28, 2019 1:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 64872

Re: Discontinuing VanguardAdvantage Accounts

beyou wrote:
Thu Feb 28, 2019 12:55 pm
I find ACH and wire to/from Vanguard works very well and have no need for Vang Advantage.
How do you do ACH from Vanguard, apart from a VanguardAdvantage account (which uses the TBNY Mellon bank routing and account #)?
by elgob
Mon Oct 08, 2018 4:51 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 155
Views: 18498

Re: Debunking Bonds in Taxable

For a detailed analysis of this issue, see The Asset Location Decision Revisited, a 2013 article in the Journal of Financial Planning https://www.onefpa.org/journal/Pages/November-2013-The-Asset-Location-Decision-Revisited.aspx It concludes: This study has revealed that the traditional approach to c...
by elgob
Sat Sep 22, 2018 10:29 am
Forum: Personal Investments
Topic: The bond side of my asset allocation ...
Replies: 21
Views: 1237

Re: The bond side of my asset allocation ...

Vanguard's answer to the question is here in this research paper: https://personal.vanguard.com/pdf/ICRIBI.pdf They say, among other things: The ‘principal at maturity’ myth Holding an individual bond to maturity primarily confers an emotional, rather than economic, benefit and tends to be most prac...
by elgob
Mon Sep 10, 2018 11:44 am
Forum: Personal Investments
Topic: General check-up on retirement financial status
Replies: 22
Views: 1788

Re: General check-up on retirement financial status

Delaying SS to 70 is the easy and best thing you can do to hold down these looming taxes simply because of it's significantly lower tax rate. No state tax on it and at least 15% is always untaxed by IRS. Thanks. I hadn't thought of it like that. I always forget to consider the different tax bite on...
by elgob
Mon Sep 10, 2018 11:42 am
Forum: Personal Investments
Topic: General check-up on retirement financial status
Replies: 22
Views: 1788

Re: General check-up on retirement financial status

Roth conversion (perhaps to higher than typical levels) because eventually you will have: SS + pension + RMDs. Thanks. Definitely looking at Roth conversions. An aspect of that I'm not sure how to factor in is that all our IRA beneficiaries are tax-exempt charities. So, to whatever extent conversio...
by elgob
Mon Sep 10, 2018 11:38 am
Forum: Personal Investments
Topic: General check-up on retirement financial status
Replies: 22
Views: 1788

Re: General check-up on retirement financial status

Everything looks good to me, your asset allocation is a bit aggressive but you have plenty of income and assets so there is no problem (you should still be fine even with a major correction). Thank you. I've been contemplating whether AA is maybe too aggressive at this point. We've always been in t...
by elgob
Sun Sep 09, 2018 9:45 pm
Forum: Personal Investments
Topic: General check-up on retirement financial status
Replies: 22
Views: 1788

Re: General check-up on retirement financial status

am wrote:
Sun Sep 09, 2018 9:39 pm
Typical boglehead post however where either your bragging or insecure.
The latter.
by elgob
Sun Sep 09, 2018 9:41 pm
Forum: Personal Investments
Topic: General check-up on retirement financial status
Replies: 22
Views: 1788

Re: General check-up on retirement financial status

delamer wrote:
Sun Sep 09, 2018 9:36 pm
While I can understand anyone wanting to minimize taxes, I don’t understand why you’d be concerned about sleep-at-night strategies or Social Security claiming timing. The biggest issue is whether you pay taxes now or later on your tax-deferred accounts.
Thanks, I think that's right.
by elgob
Sun Sep 09, 2018 9:11 pm
Forum: Personal Investments
Topic: General check-up on retirement financial status
Replies: 22
Views: 1788

Re: General check-up on retirement financial status

Your expenses appear quite low, and with no debt, you should have no financial stress whatever happens with the markets. Your portfolio is significantly weighted toward domestic equities, and now may be a good time to raise the foreign stock allocation. International stocks have not had good recent...
by elgob
Sun Sep 09, 2018 8:34 pm
Forum: Personal Investments
Topic: General check-up on retirement financial status
Replies: 22
Views: 1788

Re: General check-up on retirement financial status

MathIsMyWayr wrote:
Sun Sep 09, 2018 8:28 pm
Managing future tax may be a major consideration.
Yes, very much a concern.
by elgob
Sun Sep 09, 2018 8:11 pm
Forum: Personal Investments
Topic: General check-up on retirement financial status
Replies: 22
Views: 1788

Re: General check-up on retirement financial status

delamer wrote:
Sun Sep 09, 2018 7:18 pm
So you aren’t drawing anything from your portfolio now to cover your expenses, other than the dividends/interest from taxable?
Drawing some amounts from taxable bond funds as needed; not large amounts, because we have the pension and dividends.
by elgob
Sun Sep 09, 2018 8:08 pm
Forum: Personal Investments
Topic: General check-up on retirement financial status
Replies: 22
Views: 1788

Re: General check-up on retirement financial status

Only suggestion is you consider giving away some of your wealth before you both pass so you can see the good that comes from your generosity. Thank you, yes, have done some of that and probably will do more as we get older. At our current ages, I guess I'm focused a lot on the contingency scenarios...
by elgob
Sun Sep 09, 2018 7:07 pm
Forum: Personal Investments
Topic: General check-up on retirement financial status
Replies: 22
Views: 1788

General check-up on retirement financial status

Hi, I would greatly appreciate any input regarding the following, whether portfolio advice, AA, SS, tax strategies, sleep-at-night strategies, or anything else that comes to mind! Many thanks. H is 64, W is 67, both retired, both in reasonably good health; no children. Neither is taking SS benefits ...
by elgob
Sat Jun 16, 2018 12:41 pm
Forum: Personal Investments
Topic: Roth conversion advice - charitable beneficiaries
Replies: 6
Views: 640

Re: Roth conversion advice - charitable beneficiaries

Thanks everyone ... pondering all this!
by elgob
Fri Jun 15, 2018 10:24 pm
Forum: Personal Investments
Topic: Roth conversion advice - charitable beneficiaries
Replies: 6
Views: 640

Re: Roth conversion advice - charitable beneficiaries

House Blend, thanks very much. 1. Yes ... and a related decision is when to have W start SS. Hers is smaller. 2. If I understand you correctly, you're saying that if, later on, our spending needs exceed SS + RMDs, such that additional IRA withdrawals become necessary, take from Roth. Right? 3. No ch...
by elgob
Fri Jun 15, 2018 2:59 pm
Forum: Personal Investments
Topic: Roth conversion advice - charitable beneficiaries
Replies: 6
Views: 640

Roth conversion advice - charitable beneficiaries

I'm 64, wife is 67, both retired, both in reasonably good health, neither have started SS. Current taxable income is from investment earnings and her pension, and we're in a very low tax bracket right now. But we both have significant size tIRAs, so will face taxy RMDs when the time comes. My best g...