Search found 502 matches

by ExitStageLeft
Thu Jul 19, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Advice: Asset Allocation
Replies: 2
Views: 234

Re: Advice: Asset Allocation

Welcome to the forum! There are lots of different asset allocations you can choose based on your need, willingness, and ability to take risks. You've got a very conservative portfolio right now and it may be exactly what's best for you. My read of your defined benefit pension suggests you take it of...
by ExitStageLeft
Thu Jul 19, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 34
Views: 1598

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

If you ever get a stepped-up basis for long held securities, take advantage and sell. If you want to keep some in memory of your dad, then keep a few shares and pass them on to the next generation sooner than later. Just my opinion. I like this idea. You can give up to $15k to each of your heirs wi...
by ExitStageLeft
Thu Jul 19, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner looking for portfolio/investment guidance
Replies: 4
Views: 237

Re: Beginner looking for portfolio/investment guidance

Do the Vanguard funds in the 401k have the same expense ratio as their retail counterparts? If so, those look like an excellent way to put as much into your retirement savings as you can afford. I would develop an investing plan that follows the guidance in the Prioritizing Investments wiki page. Yo...
by ExitStageLeft
Wed Jul 18, 2018 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Program and Administration Fee Error?
Replies: 4
Views: 329

Re: Program and Administration Fee Error?

That spreadsheet calculation certainly suggests the admin surcharge is not being applied. It may or may not mean that the fees taken out of your account are correct. If you don't have a line item showing how much he quarterly fees were, I don't know how you can confirm whether or not your fees are p...
by ExitStageLeft
Wed Jul 18, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: How to treat annuity?
Replies: 10
Views: 825

Re: How to treat annuity?

If it is coming in as passive income then you are being taxed at your current marginal rate. If you take the money out of the annuity and invest it in a total stock market mutual fund like VTSAX, nearly all of the earnings would be as qualified dividends or capital gains. That means that any long t...
by ExitStageLeft
Wed Jul 18, 2018 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Heresy: Is It Worth Converting tIRAs to Roth?
Replies: 41
Views: 3446

Re: Heresy: Is It Worth Converting tIRAs to Roth?

... What post are you reading? I never said anything about DH working (or not), nor did I say anything about him "loving the job." Could you be more rude in lecturing me about a situation that is not at all what I posted about? Sheesh! FWIW, he already is pretty much retired, and I'm the one workin...
by ExitStageLeft
Wed Jul 18, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: How to treat annuity?
Replies: 10
Views: 825

Re: How to treat annuity?

If it is coming in as passive income then you are being taxed at your current marginal rate. If you take the money out of the annuity and invest it in a total stock market mutual fund like VTSAX, nearly all of the earnings would be as qualified dividends or capital gains. That means that any long te...
by ExitStageLeft
Wed Jul 18, 2018 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: How to treat annuity?
Replies: 10
Views: 825

Re: How to treat annuity?

What is it costing you in taxes?
by ExitStageLeft
Wed Jul 18, 2018 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Current Situation
Replies: 10
Views: 722

Re: Help with Current Situation

MooseFoot wrote:
Wed Jul 18, 2018 7:16 pm
...
TOTAL US STOCK INDEX - ER 0.01%
I would put it all in that fund and forget about it. The expense ratio is the lowest just about anywhere.
by ExitStageLeft
Wed Jul 18, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner looking for portfolio/investment guidance
Replies: 4
Views: 237

Re: Beginner looking for portfolio/investment guidance

Welcome to the forum! A 10% bond allocation is pretty typical for someone just starting out, and is also what most target date funds have when expecting 20+ years to retirement. You definitely want to contribute to your 401k plan at work as soon as you can. If you have access to good index bond fund...
by ExitStageLeft
Wed Jul 18, 2018 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Current Situation
Replies: 10
Views: 722

Re: Help with Current Situation

Welcome to the forum both of you! Since your fiancee no longer works at either company she may not be able to roll from one account to the other. As an alternative she could roll both into a new IRA account with Vanguard, Fidelity, or Schwab. The costs of maintaining the status quo would determine i...
by ExitStageLeft
Wed Jul 18, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie question
Replies: 2
Views: 167

Re: Newbie question

I am very new at this Investment scene, and want to run a couple ?'s by you gurus. I am 39 and have Roth and Simple IRA's setup through my business. My partner and I are the owners and have the company setup as an s-corp. We have few other employees as well. We have our retirement setup through Edw...
by ExitStageLeft
Wed Jul 18, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help with consolidating Retirement and taxable portfolio
Replies: 16
Views: 1290

Re: Help with consolidating Retirement and taxable portfolio

I think the Vanguard limitation you may have in mind is after-tax contributions and/or in-service distributions, both needed to implement a mega backdoor Roth conversion.
by ExitStageLeft
Wed Jul 18, 2018 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Asset Allocation. Stuck.
Replies: 2
Views: 413

Re: Help with Asset Allocation. Stuck.

Welcome to the forum! I think it's most useful to view your pension as part of your investable assets, especially since you have control over it just like your 401k and it will be used for the same purpose, your living expenses in retirement. A 60/40 overall asset allocation is reasonable for someon...
by ExitStageLeft
Tue Jul 17, 2018 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Funds - Other Financial Advice Requested
Replies: 23
Views: 1411

Re: Retirement Funds - Other Financial Advice Requested

... Also, I wanted to know, what should my emergency fund money go into? Traditional savings account won't bear hardly any interest and will lose value due to inflation. A high-yield savings account for most of it. You can find them with 1.75% or higher interest rates. https://www.bankrate.com/bank...
by ExitStageLeft
Tue Jul 17, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Consolidate and simplify
Replies: 11
Views: 1334

Re: Consolidate and simplify

If you see a near future where you're no longer contributing to the TSP then it would be good to design your portfolio around that. You can balance in your tax-advantaged accounts without any tax implications. In taxable you want to be able to balance just with contributions and not have to sell any...
by ExitStageLeft
Mon Jul 16, 2018 1:13 am
Forum: Investing - Help with Personal Investments
Topic: Consolidate and simplify
Replies: 11
Views: 1334

Re: Consolidate and simplify

Welcome to the forum! It seems to me that you could be putting some of your TSP into traditional rather than Roth. Your tax rate in retirement might be lower than your current. You'll have some flexibility if you have part traditional and part Roth, at least when the TSP Modernization Act gets fully...
by ExitStageLeft
Sun Jul 15, 2018 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Grade my portfolio please, newbie here
Replies: 9
Views: 858

Re: Grade my portfolio please, newbie here

... I tried to keep it pretty passive , low turnover funds, and low cost, but tried to add a little tilt. I am not married to this and would love if you think any fund is to heavy, redundant, not smart, etc. Be as harsh as you would like. There are no International Bonds, REITs, and maybe light on ...
by ExitStageLeft
Fri Jul 13, 2018 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Funds - Other Financial Advice Requested
Replies: 23
Views: 1411

Re: Retirement Funds - Other Financial Advice Requested

3. I can definitely see the benefit of the Roth. My concern is wouldn't that money make more sense in a larger fund (my 457b) vs. starting a Roth from zero? Or does the tax benefits outweigh the growth of a post-taxed investment? The important thing is to contribute the minimum to open and maintain...
by ExitStageLeft
Fri Jul 13, 2018 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Tune up Help
Replies: 3
Views: 373

Re: Portfolio Tune up Help

TL;DR answers: 1) It would help us out immensely if we knew what the expense fees are for the 401k and what other funds are available. Please include fund names, tickers, and expense ratios. 2) Who is the IRA provider? Any restrictions or additional costs from what provider normally offers? 3) Eithe...
by ExitStageLeft
Fri Jul 13, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Planning
Replies: 13
Views: 1565

Re: Retirement Planning

Welcome to the forum! I agree that you probably wouldn't want to retire so early, but you are probably on the verge of financial independence. The best way to know for sure is to have a rock solid grasp of your expenses, including the ones that occur once a year or even less frequently. If you reall...
by ExitStageLeft
Fri Jul 13, 2018 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for Advice on portfolio and PAS
Replies: 7
Views: 661

Re: Looking for Advice on portfolio and PAS

Welcome to the forum! Congratulations on being an effective wealth builder. Now would be a great time to ensure that you keep as much of that wealth working for you rather than paying for a financial adviser's new car. Is this portfolio with TIAA in a taxable account or is it in one or more retireme...
by ExitStageLeft
Fri Jul 13, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: New 18 year old need advice
Replies: 15
Views: 832

Re: New 18 year old need advice

Ynarto wrote:
Fri Jul 13, 2018 2:30 pm
Thank you for the advice! Do you recommend investing in Vanguard brokerage CD's or should put the money into bank CD's?
I have no experience with either, but assuming rates are comparable I would look for whichever is more convenientfor purchase or redemption.
by ExitStageLeft
Fri Jul 13, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Funds - Other Financial Advice Requested
Replies: 23
Views: 1411

Re: Retirement Funds - Other Financial Advice Requested

Are pension estimates in 2018 dollars? Have you looked at social security estimates?
by ExitStageLeft
Fri Jul 13, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Funds - Other Financial Advice Requested
Replies: 23
Views: 1411

Re: Retirement Funds - Other Financial Advice Requested

I'm on board with paying down the mortgage until you can rid yourself of the PMI. At that point you could also ask the lender about recasting the mortgage. That would lower the P&I portion of the monthly payment by probably 15%.
by ExitStageLeft
Fri Jul 13, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Funds - Other Financial Advice Requested
Replies: 23
Views: 1411

Re: Retirement Funds - Could use some assistance

Welcome to the forum. For the best information download, you might want to RTFM . :D It looks like you're getting yourselves in an awesome position to focus on saving for retirement. The key at this stage is to maximize your savings and minimize your taxes. The easiest way to do that is to save in e...
by ExitStageLeft
Fri Jul 13, 2018 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 403b rmd question
Replies: 14
Views: 702

Re: Roth 403b rmd question

So I am 52 and retired last year. I am somewhat confused about what was posted above as far as when would be the best time to rollover the Roth 403b to a Roth IRA. I only started the Roth 403b about 4 years ago but I contributed the max. so its a somewhat decent amount. None of that is taxable if I...
by ExitStageLeft
Fri Jul 13, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help with consolidating Retirement and taxable portfolio
Replies: 16
Views: 1290

Re: Help with consolidating Retirement and taxable portfolio

Welcome to the forum! That sure is a lot of complexity that the CFP has created. Thankfully none of the complexity is in taxable, so fixing it is going to be really easy. I first want to show you what your current portfolio is providing in the way of diversification and risk. You can see it at Portf...
by ExitStageLeft
Fri Jul 13, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: CD's vs. Market Investment
Replies: 3
Views: 445

Re: CD's vs. Market Investment

Welcome to the forum! There probaly is an asterisk and a footnote somewhere in the marketing for the one-month CD that makes clear you will be getting an annual rate of 1.8%. That's actually pretty good for a one-month CD. You give them $240,000 and you get back $240,360 one month later. There are m...
by ExitStageLeft
Fri Jul 13, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: New 18 year old need advice
Replies: 15
Views: 832

Re: New 18 year old need advice

Welcome to the forum and congratulations on keeping a long-term perspective in saving for your future. A high-yield savings account would be a good place to put the additional funds. This money is to be used for a specific purpose within a specific time frame. Thus you would probably like to ensure ...
by ExitStageLeft
Thu Jul 12, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Selecting retirement plan provider (TIAA/Fidelity/ICME) and supplemental plan (403b/457b)
Replies: 6
Views: 465

Re: Selecting retirement plan provider (TIAA/Fidelity/ICME) and supplemental plan (403b/457b)

Welcome to the forum! 1. No preference for one over the other. Whichever one can provide the lowest cost index funds that match your desired allocation. 2. Depends on the type of 457b plan. If it is non-governmental then I would choose the 403b. You cannot roll a non-govrnmental 457b into an IRA aft...
by ExitStageLeft
Thu Jul 12, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: When to start taxable?
Replies: 22
Views: 1991

Re: When to start taxable?

A, perhaps, stupid question... The 401k cap is 18.5k, and employer match doesn't count towards this cap as I understand it? I also have two jobs at different hospitals, one has a 401k and the other a 403b. Is it... is it possible to contribute 18.5k to the 401k, and contribute to the 403b as well? ...
by ExitStageLeft
Thu Jul 12, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Self Employed 48years old and nothing saved for retirement
Replies: 40
Views: 4728

Re: Self Employed 48years old and nothing saved for retirement

Welcome to the forum! A good place to start is the wiki page: Start Here . If you would like specific advice tailored to your circumstance, it would be best to update your original post (use the pencil icon) to add information using the format shown in this thread . It asks for a lot of information ...
by ExitStageLeft
Thu Jul 12, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: New attending physician--seeking recs on rollover this tax year
Replies: 4
Views: 372

Re: New attending physician--seeking recs on rollover this tax year

It would probably be a good idea to make sure whatever you do this year won't complicate your savings in 2019 and beyond. If your income next year exceeds $199,000 you won't be able to make Roth IRA contributions for yourself or spouse. In that case you can do what is called a backdoor Roth to fill ...
by ExitStageLeft
Thu Jul 12, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: when is it better to take short term capital gain
Replies: 6
Views: 707

Re: when is it better to take short term capital gain

I don't think there's ever a point, under current tax law, where it is preferable to take a short term gain over a long term one. Short term gain is going to be taxed at 40.8% (37% + 3.8% NIIT) and a long term one is going to be taxed at 23.8%. Maybe for loss aversion one might need to sell before t...
by ExitStageLeft
Thu Jul 12, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Will investment in business trigger gift tax
Replies: 2
Views: 169

Re: Will investment in business trigger gift tax

Welcome to the forum. The first thought that comes to mind is the fact that the annual exclusion is $15,000 for 2018. If you and his mother each gave $15k then only $20k would be subject to the gift tax requirements. That doesn't mean you pay tax on that $20k, just that you have to keep track of it....
by ExitStageLeft
Thu Jul 12, 2018 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Full Review
Replies: 5
Views: 684

Re: Full Review

You can ballpark your future taxes by estimating pensions, social security and portfolio withdrawal. Based on current salaries what will pension and SS benefits be? Figure 85% of social security will be taxable, and use 2018 dollars and tax rates. The top of the 12% bracket is $77,400 which means an...
by ExitStageLeft
Thu Jul 12, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio analysis and savings strategy - 33 year old couple with 2 kids
Replies: 4
Views: 780

Re: Portfolio analysis and savings strategy - 33 year old couple with 2 kids

... Any comments on taxation? Is it possible to shelter too much in tax deferred accounts (should I take advantage of Roth 401k)? Part of my fear is to defer so much now and be stuck paying high taxes during RMD. To avoid this, I think early retirement and early 401k withdrawl utilizing 72(t) rule ...
by ExitStageLeft
Wed Jul 11, 2018 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Full Review
Replies: 5
Views: 684

Re: Full Review

The Vanguard fund in the Voya plan is its one saving grace. I agree with the plan you have outlined. I would go with the iShares bond fund in His 403b, and put the rest in the S&P 500 fund. Maybe add mid-cap and small-cap if you want to fully emulate a total market fund. Oh I see Duckie already reco...
by ExitStageLeft
Wed Jul 11, 2018 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: What to invest 401k in?
Replies: 13
Views: 717

Re: What to invest 401k in?

Welcome to the forum. It looks like a nice collection of funds you have currently. One way to make sure you hang onto your hard earned savings is to keep the costs of your funds low. Do you have the expense ratios or other fees that your 401k plan charges?
by ExitStageLeft
Wed Jul 11, 2018 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: ADP 401K Funds Recommendations
Replies: 8
Views: 369

Re: ADP 401K Funds Recommendations

Use the Nationwide S&P 500 Index fund and save 0.11 in expenses, continue using the State Street Fund and you will pay 0.11 more. Choose the lower expense ratio fund - they are both the same, except one costs 16% less. I'm not sure that is necessarily a given that the Nationwide fund is better. Acc...
by ExitStageLeft
Wed Jul 11, 2018 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio analysis and savings strategy - 33 year old couple with 2 kids
Replies: 4
Views: 780

Re: Portfolio analysis and savings strategy - 33 year old couple with 2 kids

Wowsers, wish I could have drafted off you when I was 33. It took me a much longer time to find my financial footing. One thing that comes to mind is that the above-mentioned $20k per year will get eaten up by increased expenses as the kids grow. Music lessons, organized sports, braces, etc, will ad...
by ExitStageLeft
Wed Jul 11, 2018 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: ADP 401K Funds Recommendations
Replies: 8
Views: 369

Re: ADP 401K Funds Recommendations

Welcome to the forum! If you haven't yet explored the Boglehead wiki page, you can Start Here . One of the pages you should definitely review is the one on Proritizing Investments . You've got the first part down cold, contibuting to your 401k to get the full employer match available. The next step ...
by ExitStageLeft
Wed Jul 11, 2018 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone have an opinion on this Fidelity portfolio (heavy on FCTDX)?
Replies: 4
Views: 384

Re: Anyone have an opinion on this Fidelity portfolio (heavy on FCTDX)?

Hmm, the word "nimble" suggests to me that they'll be busily turning over assets to chase returns. Perhaps the good folks at Fidelity can explain the benfits of such a nimble fund over an indexed total market fund. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=198...
by ExitStageLeft
Wed Jul 11, 2018 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio help
Replies: 12
Views: 838

Re: portfolio help

I'm a little new to this forum and how to respond to individual messages so please excuse the bulk reply ... There are always at least two square-shaped "buttons" in the upper right corner of each message. If you click on the right-most one, it will quote that message in reply in the comment box. T...
by ExitStageLeft
Wed Jul 11, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 403b rmd question
Replies: 14
Views: 702

Re: Roth 403b rmd question

Once you have withdrawn all your regular Roth contributions, you withdraw your conversions starting with the oldest conversions. Conversions more than 5 years old come out without tax or penalty, just like regular contributions. Under 5 years, conversions come out without tax but the 10% penalty ap...
by ExitStageLeft
Wed Jul 11, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone have an opinion on this Fidelity portfolio (heavy on FCTDX)?
Replies: 4
Views: 384

Re: Anyone have an opinion on this Fidelity portfolio (heavy on FCTDX)?

Welcome to the forum! I take it this is in a taxable account? There's not a lot of info on the Strategic Advisers fund. Past performance is no guarantee of future returns, but the performance over the last three months isn't very good. It underperfomed FSTVX and the total market index. Tax efficienc...
by ExitStageLeft
Wed Jul 11, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 403b rmd question
Replies: 14
Views: 702

Re: Roth 403b rmd question

I have a question about the Roth's as well. I'm 45 currently and opened a roth in 1998. I have about 13k regular contributions in it but everything else is either a conversion or a 'backdoor' contribution. Am I right that until I'm 59 1/2 I can only withdraw the 13k without penalty? A backdoor cont...
by ExitStageLeft
Wed Jul 11, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help - particularly with dilemma of Roth conversion
Replies: 8
Views: 948

Re: Portfolio help - particularly with dilemma of Roth conversion

Welcome to the forum and congratulations on the new job! I'm incredulous at the expense ratio of your 403b institutional fund. Wow. As long as that fund is consistent with your current investing goals I would leave those accounts where they are. There is however a lot to be said for simplicity, and ...