Search found 969 matches

by ExitStageLeft
Tue Nov 13, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Should we drop our manager, for 4-fund portfolio?
Replies: 35
Views: 2714

Re: Should we drop our manager, for 4-fund portfolio?

Be sure to check out the Exposures tab that PortfolioVisualizer gives you. Your current portfolio is able to cover the cost of actively managed funds by taking more risk. The credit quality is much lower, with 18% junk bonds whereas the lazy portfolios have no junk bonds.
by ExitStageLeft
Mon Nov 12, 2018 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Just starting
Replies: 2
Views: 317

Re: Just starting

Welcome ot the forum! It's never too late to start saving, and the sooner you make it automatic the better off you'll be. You've got some excellent funds in your 401k that happen to have the Fidelity name instead of Vanguard. No worries, they are low-cost index funds that will allow you to grow your...
by ExitStageLeft
Mon Nov 12, 2018 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Should we drop our manager, for 4-fund portfolio?
Replies: 35
Views: 2714

Re: Should we drop our manager, for 4-fund portfolio?

Welcome to the forum! The good news is that your current manager put you in funds that have captured the same returns that a lazy three-fund or four-fund portfolio would have delivered. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2018&l...
by ExitStageLeft
Sun Nov 11, 2018 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401k vs Taxable accounts - early withdrawal
Replies: 14
Views: 647

Re: Roth 401k vs Taxable accounts - early withdrawal

My spreadsheet was pretty simplistic actually, and applied the LTCG tax to the entire gains at the top bracket. I was more interested in how tax efficiency reduces the drag on the taxable account. If most of the return is in the form of capital gains or qualified dividends then the tax drag is prett...
by ExitStageLeft
Sun Nov 11, 2018 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401k vs Taxable accounts - early withdrawal
Replies: 14
Views: 647

Re: Roth 401k vs Taxable accounts - early withdrawal

If comparing taxable to a Roth early full withdrawal with penalties, the taxable account is better under most circumstances. The ability to manage LTCG taxes and the better LTCG tax rate make even a moderately tax efficient portfolio in taxable the preferred choice. If your tax bracket ten years fro...
by ExitStageLeft
Sun Nov 11, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Another 401(k) selection check
Replies: 2
Views: 145

Re: Another 401(k) selection check

The Vanguard index funds are all you need for a great three-fund portfolio. If you went with an 80/20 ratio of stocks to bonds and had 25% of stocks in international, that would work out to be: 60% VSMPX 20% VTSNX 20% VBTIX Read up on the three-fund portfolio at https://www.bogleheads.org/wiki/Lazy_...
by ExitStageLeft
Sun Nov 04, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Help With Backdoor Roth
Replies: 8
Views: 460

Re: Help With Backdoor Roth

Many commenters recommend filling out the Form 8606 as the first thing, to make sure you fully understand the process and the tax implications. Her traditional IRA is an impediment to a backdoor Roth for her. Do a Roth conversion on it and pay $1.9k in taxes and then it's out of the way. Or roll it ...
by ExitStageLeft
Sun Nov 04, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Newbie question: IRA conversion with high pensions
Replies: 7
Views: 642

Re: Newbie question: IRA conversion with high pensions

Welcome to the forum! You're on the right track investigating Roth conversions. The benefits can be substantial, but it can be quite complicated figuring when and how much to move from tax-deferred to Roth. The wiki page on Roth Conversions is a great place to start learning more. If you would like ...
by ExitStageLeft
Sun Nov 04, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Saving for something 20 years from now
Replies: 24
Views: 3184

Re: Saving for something 20 years from now

Welcome to the forum! You're right that a target date fund, or any balanced fund for that matter, is not the most tax efficient fund for a taxable account. There are ways to mitigate those taxes, but there is no free lunch. The options I see for you are: Acknowledge that it's not efficient but go wi...
by ExitStageLeft
Sun Nov 04, 2018 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Emerging Market Index: Fidelity or Vangaurd
Replies: 5
Views: 1007

Re: Emerging Market Index: Fidelity or Vangaurd

You can dig a little into the respective funds using some online tools. PortfolioVisualizer has their performance nearly identical for the last six years. If you click on the Exposures tab you can see that they have a couple of minor differences in asset composition. According to Morningstar, FPMAX ...
by ExitStageLeft
Sun Nov 04, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Getting on track; Edward Jones & Vanguard advice
Replies: 31
Views: 3136

Re: Getting on track; Edward Jones & Vanguard advice

That seems super cool.....not. A couple people above make it seem like they’ve done it without losing money. Curious if that’s actually true or if they did something different. Didn't mean to imply that EJ wouldn't get you coming and going. My wife transferred everything in kind to Vanguard. Once i...
by ExitStageLeft
Sat Nov 03, 2018 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 14
Views: 1352

Re: Portfolio Advice

... For my primary bond fund, I'm considering Dodge and Cox Bond income DODIX 0.16% in the 401K (0.43% otherwisw) over Vanguards' Total Bond Fund (VBTIX 0.04%) due to DODIX's better performance over many years and the low cost in my 401K. Does this seem to be a good move, given DODIX's long-term pe...
by ExitStageLeft
Sat Nov 03, 2018 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Help With Deciding to Start TSP Withdrawals/IRA Conversions
Replies: 7
Views: 656

Re: Help With Deciding to Start TSP Withdrawals/IRA Conversions

I would work up an estimate of income streams for each year starting with 2018 up to age 72 or so. A spreadsheet program can be very useful for this, but even a simple calculation on paper should allow you to get a better sense of when will be the best time to do some Roth conversions. I would also ...
by ExitStageLeft
Fri Nov 02, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Getting on track; Edward Jones & Vanguard advice
Replies: 31
Views: 3136

Re: Getting on track; Edward Jones & Vanguard advice

I would select a target date fund and be done with it in the 401k. Your EJ account is probably costing you close to 1% a year in fund expenses. I would open a Vanguard IRA and roll it over, custodian to custodian in-kind transfer. Just did that for my wife's IRA. Was quick and painless and didn't co...
by ExitStageLeft
Fri Nov 02, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: help with my investment
Replies: 5
Views: 675

Re: help with my investment

Welcome to the forum! Select answers to your questions/comments: 3. DW and I are in relatively good health and really enjoy our profession, and plan to work for as long as we can. We will get health insurance, if we retire from our current employer, as we are both already vested. Social Security at ...
by ExitStageLeft
Fri Nov 02, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Dilemma
Replies: 6
Views: 498

Re: Investing Dilemma

Hello, I recently found this forum while searching for investment advice. I thank you in advance. I was pretty much broke until I recently received an inheritance. I plan to open a $100,000 inherited IRA using Vanguard's popular three fund investment with zero down and dollar cost average over six ...
by ExitStageLeft
Fri Nov 02, 2018 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Asset Allocation
Replies: 1
Views: 168

Re: Help with Asset Allocation

Welcome to the forum! The Early Retirement Now blog ran a series on safe withdrawal rates: https://earlyretirementnow.com/2016/12/07/the-ultimate-guide-to-safe-withdrawal-rates-part-1-intro/ The table about halfway down that page shows the likelihood of success for various withdrawal rates, portfoli...
by ExitStageLeft
Thu Nov 01, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - I would like to manage portfolio going forward
Replies: 11
Views: 1387

Re: Portfolio Review - I would like to manage portfolio going forward

From my perspective, you can cover most of your US equity needs with an index fund that tracks the S&P 500. You can do a little bit better by adding in another fund that is invested in small cap or mid cap companies. You can get the balance exactly right if you use a ratio of all three type of funds...
by ExitStageLeft
Wed Oct 31, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Please Help - Retirement Allocations
Replies: 11
Views: 1074

Re: Please Help - Retirement Allocations

Just a slight correction to ExitStageLeft (rIRA): Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) Here's the URL: https://investor.vanguard.com/mutual-funds/profile/overview/vtiax Personally I wouldn't put the pension (assuming defined benefit plan) in the portfolio mix or asse...
by ExitStageLeft
Wed Oct 31, 2018 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: How much for retirement ?
Replies: 21
Views: 2304

Re: How much for retirement ?

Bhairston2018 wrote:
Wed Oct 31, 2018 5:02 pm
...
Employer match goes up to 6.5% - my company does 1.5% match and a discretionary 5% after 5 years vested. I don’t see their amount of 5% changing any time soon
Will the employer match increase if you increase your contribution?
by ExitStageLeft
Wed Oct 31, 2018 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire??
Replies: 26
Views: 3096

Re: Can I retire??

Welcome to the forum! I'm not sure if your $2.6M includes the value of your home. If that is the case, you should subtract it out. You may opt to selll the house and downsize but for a quick assessment you don't want your house counted as an investable asset. You can see how your portfolio would far...
by ExitStageLeft
Wed Oct 31, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Deferred Compensation (457) Portfolio
Replies: 11
Views: 1238

Re: Deferred Compensation (457) Portfolio

Improved diversification and lower fees with Vanguard's total stock market index funds. Looks like a good choice. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2018&lastMonth=12&endDate=10%2F30%2F2018&initialAmount=10000&annualOperation=0...
by ExitStageLeft
Wed Oct 31, 2018 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: How much for retirement ?
Replies: 21
Views: 2304

Re: How much for retirement ?

Great work saving!

Does the employer match stop at 5.5 percent? If not, you should reduce your Roth savings to get the max out of the employer match.

You didn't mention an emergency fund. If you don't have one, that should be a priority too.
by ExitStageLeft
Wed Oct 31, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for filling a short term gap
Replies: 11
Views: 847

Re: Strategy for filling a short term gap

Welcome to the forum! It looks like you are well-positioned to retire now. If you haven't done it yet, I would tally expenses from 2019 through 2026 and subtract all income in the same period. If the resulting number is less than half your existing portfolio then I would say you can retire now with ...
by ExitStageLeft
Tue Oct 30, 2018 12:42 am
Forum: Investing - Help with Personal Investments
Topic: New Boglehead - Portfolio Advice
Replies: 5
Views: 745

Re: New Boglehead - Portfolio Advice

Yes, whichever results in a lower overall expense ratio. If you buy international in the Roth IRA then you would reduce the international in the Roth IRA by the same percentage.
by ExitStageLeft
Mon Oct 29, 2018 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead - Portfolio Advice
Replies: 5
Views: 745

Re: New Boglehead - Portfolio Advice

Agreed, the bond offerings in your 401k aren't so hot. You could put bonds in your Roth and have equities in your 401k. You can transfer your Roth IRA to a brokerage that has the desired low-cost index funds that suit your 3-fund portfolio. Then decide on an allocation and portion of stocks you want...
by ExitStageLeft
Mon Oct 29, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Just starting out at 39 yrs old.
Replies: 37
Views: 5285

Re: Just starting out at 39 yrs old.

Here's a great primer for anyone starting out on their long-term savings: https://www.etf.com/docs/IfYouCan.pdf
by ExitStageLeft
Mon Oct 29, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Changing to FZROX, IXUS, and FSITX?
Replies: 7
Views: 459

Re: Changing to FZROX, IXUS, and FSITX?

Welcome to the forum! Not all 401k plans allow in-service rollovers. If yours does then you have an excellent plan to reduce expenses with a three-fund portfolio. Check out the tax efficiency of IXUS, there may be a better option (VTIAX?). Not meaning to cast stones, just not aware if it's as good a...
by ExitStageLeft
Mon Oct 29, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Roth IRA and Rollover IRA
Replies: 7
Views: 639

Re: Asset Allocation - Roth IRA and Rollover IRA

Welcome to the forum! Is the $15k you have in money market in a taxable account? If so, you may want to consider something other than a target date (TD) fund. TD funds are wonderful in a tax-advantaged account, but they can generate some tax drag if purchased in taxable. Congratulations by the way f...
by ExitStageLeft
Mon Oct 29, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 14
Views: 1352

Re: Portfolio Advice

... 1. Should I be concerned about simplifying in "one fell swoop" (as recommended) in a down market or is making incremental changes akin to market timing? 2. Should I also steer a larger percentage of my 401K contributions to Roth 401k? Thanks again! My take on your two questions: 1) Yes, it can ...
by ExitStageLeft
Sun Oct 28, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 14
Views: 1352

Re: Portfolio Advice

Welcome to the forum! You and your spouse should decide on a glide path for your bond assets and write it down in an Investment Policy Statement. It should describe the stock to bond allocation that you will be comfortable with no matter what the market is doing. One option is to seek cover under a ...
by ExitStageLeft
Sun Oct 28, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Guidance
Replies: 3
Views: 406

Re: Portfolio Guidance

For a 401k or IRA I would just make the change. For changing an allocation in a taxable account I would adjust with new money.

I don't have an opinion on the Fidelity zero fee funds, at least not an informed opinion. Just some skepticism along the lines as there being no such thing as a free lunch.
by ExitStageLeft
Sat Oct 27, 2018 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - I would like to manage portfolio going forward
Replies: 11
Views: 1387

Re: Portfolio Review - I would like to manage portfolio going forward

I'm a big fan of "close enough" when trying to emulate a TSM fund with limited 401k options. I would look for ways to further simplify so that you only need one completion fund in one account. Buy the S&P 500 funds in both his and her plans, but have the completion fund in just one plan. With costs ...
by ExitStageLeft
Sat Oct 27, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: New to index investing
Replies: 6
Views: 411

Re: New to index investing

Welcome to the forum! If you haven't yet read this page on the wiki, you should Start Here . The bond allocation question is one that has a million answers that are all correct. It comes down to your need, ability, and willingness to take risks. I don't recommend anything less than 20% bonds, even t...
by ExitStageLeft
Sat Oct 27, 2018 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Help with my financial outlook (Investing)
Replies: 4
Views: 349

Re: Help with my financial outlook (Investing)

Welcome to the forum! You've outlined some ambitious goals, and most of that is achievable with some committed savings over the next eight years. Reaching "millionaire" status might be possible within 8 years, but being able to retire and live comfortable certainly is. If you are saving $50k per yea...
by ExitStageLeft
Sat Oct 27, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Need advice
Replies: 1
Views: 218

Re: Need advice

... I will call both transamerica and vanguard first thing on Monday morning. If somebody can give me some guidance here. Thank you. Wow, it's interesting to me that the transfer made it that far. I would call Vanguard first thing and see what they require in order to get the funds in the correct a...
by ExitStageLeft
Sat Oct 27, 2018 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Guidance
Replies: 3
Views: 406

Re: Portfolio Guidance

Welcome to the forum! My apologies if I'm in error, but I believe if your spouse is a permanent resident then she can save in an IRA just like you. https://thunfinancial.com/home/american-expat-financial-advice-research-articles/investing-and-financial-planning-for-foreign-nationals-in-the-united-st...
by ExitStageLeft
Sat Oct 27, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - I would like to manage portfolio going forward
Replies: 11
Views: 1387

Re: Portfolio Review - I would like to manage portfolio going forward

After more research, we want to simplify and go to a 3-fund portfolio. For my wife's retirement accounts, she doesn't have Vanguard total stock market fund as a choice. Would you just use the S&P 500 fund in place of it, or would you use some % of mid cap and small cap with it? If so, what % would ...
by ExitStageLeft
Fri Oct 26, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Please Help - Retirement Allocations
Replies: 11
Views: 1074

Re: Please Help - Retirement Allocations

I'll give it a go. First initial allocation you might consider this: 60% US equities 20% international equities 20% fixed income I'm mostly onboard with the idea of counting your defined-contribution pension as a bond-like asset. Your portfolio can then be Pension 19% 19% Mandatory contribution 457b...
by ExitStageLeft
Thu Oct 25, 2018 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Please Help - Retirement Allocations
Replies: 11
Views: 1074

Re: Please Help - Retirement Allocations

Kind of need to see the big picture. What are percentages of each account of your total portfolio? What brokerage is rIRA with?
by ExitStageLeft
Thu Oct 25, 2018 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio, looking for advice on my selections
Replies: 2
Views: 173

Re: portfolio, looking for advice on my selections

Welcome to the forum and congratulations on knocking down that debt! :sharebeer The portfolio looks great, you've definitely dialed in the low ER. About the only advice I can give is keep doing what you're doing. Plan on gradually increasing the percentage of income that you save; bump it up when yo...
by ExitStageLeft
Thu Oct 25, 2018 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Please Help - Retirement Allocations
Replies: 11
Views: 1074

Re: Please Help - Retirement Allocations

Good evening everyone, I am a long time follower and want to thank everyone who participates in the discussions. I’ve learned a great deal about investing and personal finance simply by reading, applying the discussed concepts to my personal situation, and staying the course. I’ve recently started ...
by ExitStageLeft
Thu Oct 25, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversions from old company 403b
Replies: 3
Views: 318

Re: Roth conversions from old company 403b

My DW is in the process of doing same with her 403b and 457b. Well, rolling to tIRA not a rIRA. For her plans it is necessary to initiate with the plan administrator using their paperwork. She has option of rolling to tIRA or rIRA. They will send a check to made out to Vanguard FBO Mrs. ExitStageLef...
by ExitStageLeft
Thu Oct 25, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Investment Options to Make the Total Stock Mkt
Replies: 5
Views: 409

Re: 401k Investment Options to Make the Total Stock Mkt

As noted above, an 80/20 mix of large cap and small cap is pretty simple to track. Results are pretty indistinguishable: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2018&lastMonth=12&endDate=10%2F24%2F2018&initialAmount=10000&annualOper...
by ExitStageLeft
Thu Oct 25, 2018 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about implementing 3 fund portfolio
Replies: 1
Views: 205

Re: Questions about implementing 3 fund portfolio

I have decided to structure my portfolio on the 3-portfolio model, but I have some questions about the implementation. ... Welcome to the forum! I think I would go with option #3. Fill your tax-deferred with the bond fund of your choice, then put bonds in taxable up to your desired allocation. The ...
by ExitStageLeft
Wed Oct 24, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Best way to transfer investment to Vanguard
Replies: 5
Views: 710

Re: Best way to transfer investment to Vanguard

My wife recently completed a transfer of her Edward Jones IRA over to Vanguard. She opted for an in-kind transfer, so she ended up with shares in 10 funds at Vanguard that she then sold to purchase VTSAX. Vanguard did not charge a fee to sell her old holdings. This was an IRA so no tax consequences,...
by ExitStageLeft
Tue Oct 23, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing the right index fund mix
Replies: 9
Views: 1059

Re: Choosing the right index fund mix

Welcome to the forum! Since this is intended to be held for a long time, it is reasonable to lump your taxable account in with your IRA and TSP for portfolio balancing. Your taxable account can be a fundamental part of a simple three-fund portfolio . What you invest in for your taxable account shoul...
by ExitStageLeft
Mon Oct 22, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about managing parent's conservative investments
Replies: 6
Views: 882

Re: Questions about managing parent's conservative investments

My concolences for her loss. It sounds like your parents worked hard to ensure that all her needs are well covered. I would do the Roth conversions, but be mindful of the impact on the IRMAA medicare surcharge. The only other comment I have is that your mother can make gifts above the exclusion limi...