Search found 1926 matches

by ExitStageLeft
Wed Sep 30, 2020 5:20 pm
Forum: Personal Investments
Topic: Extra money, what to do with it? FIRE?
Replies: 5
Views: 893

Re: Extra money, what to do with it? FIRE?

Great job living below your means. … It likely makes sense to max out your 401k/403b for as long as possible while spending down taxable accounts. Definitely look into this. That means putting $19.5k from your wages into your 401k and $19.5k from her wages into her 403b account. Double-check with he...
by ExitStageLeft
Wed Sep 30, 2020 2:56 pm
Forum: Personal Investments
Topic: portfolio assessment
Replies: 8
Views: 714

Re: portfolio assessment

I'd probably avoid the REIT and bump up the international, but I also prefer chocolate to strawberry ice cream. My only recommendation is to simplify. Do your balancing in one account and keep just one fund in the others. Something like this: Fidelity Roth IRA 79.63% 30.00% FISVX Fidelity Small Cap ...
by ExitStageLeft
Wed Sep 30, 2020 2:30 pm
Forum: Personal Investments
Topic: Should I switch from 401k to Roth 401k
Replies: 37
Views: 2543

Re: Should I switch from 401k to Roth 401k

There are reasons to want Roth holdings independent of the tax benefits. From a tax-minimization standpoint, it's hard to know what is optimal without knowing a couple more bits of information. The first is what is the size of your nest egg? The second is what do your estimate your social security b...
by ExitStageLeft
Wed Sep 30, 2020 1:25 pm
Forum: Personal Investments
Topic: Investing $150,000, in this day and age
Replies: 30
Views: 2759

Re: Investing $150,000, in this day and age

Check out Harry Browne's Permanent Portfolio. 25% US Equities 25% Long Term Treasuries 25% Cash (Short term treasury bills) 25% Gold (ETFs for ease of use, bullion for physical ownership). For the sake of consideration, can Harry's portfolio be accomplished with VG funds and/or ETFs? I agree with o...
by ExitStageLeft
Tue Sep 29, 2020 3:31 pm
Forum: Personal Investments
Topic: Should I switch from 401k to Roth 401k
Replies: 37
Views: 2543

Re: Should I switch from 401k to Roth 401k

You have it right. Your contribution limit into a 401(k) or similar qualifying retirement plan is $19,500 whether in traditional or Roth accounts. If you are age 50 or older you can also contribute up to $6,500 in catch-up savings. Your contribution to an IRA is limited to the lesser of $6,000 or ea...
by ExitStageLeft
Mon Sep 28, 2020 9:27 pm
Forum: Personal Investments
Topic: Feedback on my mid-term plan
Replies: 3
Views: 292

Re: Feedback on my mid-term plan

Welcome to the forum! You've got a great plan. As long as you're hitting 20% savings per year you should do great. I also like the mindset of considering you options once you've hit financial independence (FI). There's another way to describe that, when you have FU money (coarse language https://www...
by ExitStageLeft
Mon Sep 28, 2020 9:13 pm
Forum: Personal Investments
Topic: Should I switch from 401k to Roth 401k
Replies: 37
Views: 2543

Re: Should I switch from 401k to Roth 401k

Welcome to the forum! I agree with JBTX in that we don't have enough information to be able to offer much helpful advice. If you're up for the challenge, for the best advice you should update your original post to include the information outlined in the Asking Portfolio Questions thread, as describe...
by ExitStageLeft
Fri Sep 25, 2020 6:56 pm
Forum: Personal Investments
Topic: About to retire and looking for consolidation/asset allocation suggestions
Replies: 18
Views: 1850

Re: About to retire and looking for consolidation/asset allocation suggestions

New SOB, welcome to the forum!
newstudentofbogle wrote: Fri Sep 25, 2020 3:15 pm ... So, as long as it is 'close' either way, I will tend toward simplification.

Don
The older I get the more I see the wisdom of this perspective.
by ExitStageLeft
Thu Sep 24, 2020 3:56 pm
Forum: Personal Investments
Topic: Seeking Advice - Modified GB Portfolio
Replies: 5
Views: 461

Re: Seeking Advice - Modified GB Portfolio

If you're going by the backtest as your criterion then why not all SCV? It outperforms the GB with the same Ulcer Index:

SCV 40%
LTT 20%
STT 20%
Gold 20%
by ExitStageLeft
Tue Sep 22, 2020 4:10 pm
Forum: Personal Investments
Topic: Few questions on backdoor Roth
Replies: 10
Views: 504

Re: Few questions on backdoor Roth

It would probably help to differentiate between the two different types of Roth IRA transactions. Making a contribution to your Roth IRA is not a taxable event but is subject to an annual limit based on your MAGI, up to $6,000 in 2020. You must have earned income equal to or in excess of the amount ...
by ExitStageLeft
Tue Sep 22, 2020 3:57 pm
Forum: Personal Investments
Topic: Portfolio help - Losing Money with Index Funds
Replies: 45
Views: 4398

Re: Portfolio help - Losing Money with Index Funds

I do believe FRS refers to Florida Retirement System.

MissOptimist, does your participation in FRS mean you are also paying into Social Security?
by ExitStageLeft
Tue Sep 22, 2020 3:43 pm
Forum: Personal Investments
Topic: Investment Planning
Replies: 4
Views: 336

Re: Investment Planning

Welcome to the forum! I would consider increasing 401k contribution if it isn't already at max. Beyond that we just don't know enough about your situation and goals. If you can update your post to add the information in the Asking Portfolio Questions thread it will allow us to tailor advice to your ...
by ExitStageLeft
Tue Sep 22, 2020 3:30 pm
Forum: Personal Investments
Topic: 22-year-old seeking help with three fund portfolio in taxable account
Replies: 6
Views: 806

Re: 22-year-old seeking help with three fund portfolio in taxable account

Welcome to the forum! The differences between the Fidelity and Vanguard funds are pretty negligible, so it's probably best to select based on which brokerage better meets your needs. I would normally recommend you avoid bonds in a taxable account as their earnings are generally in the form of intere...
by ExitStageLeft
Mon Sep 21, 2020 3:50 pm
Forum: Personal Investments
Topic: Contemplating retiring in about a year: are we ready?
Replies: 9
Views: 2409

Re: Contemplating retiring in about a year: are we ready?

You look to be pretty well set. Using FIRECalc and a 40 year retirement, you could spend over $140k per year based on pensions and savings. Add in the trust and social security and you are ready to have a most excellent retirement. I would fine-tune the estimated expenses, particularly health care c...
by ExitStageLeft
Sun Sep 20, 2020 5:30 pm
Forum: Personal Investments
Topic: Asset allocation review
Replies: 5
Views: 585

Re: Asset allocation review

Welcome to the forum! Your traditional IRA holdings make doing the backdoor Roth infeasible. You technically can do it, but you essentially get taxed twice for the pleasure of doing so. I agree with the suggestion to place your 401k contributions into tax-deferred. It has the benefit of reducing you...
by ExitStageLeft
Wed Sep 16, 2020 6:39 pm
Forum: Personal Investments
Topic: Retirement Financial Review
Replies: 2
Views: 553

Re: Retirement Financial Review

Congratulations on your retirement! And well done on securing a sizeable nest egg for your future. As I understand it you have the VBAIX in a taxable account. If so,what are your unrealized capital gains? Generally one would want to minimize taxes by having the most tax-efficient assets in taxable. ...
by ExitStageLeft
Fri Sep 04, 2020 8:59 am
Forum: Personal Investments
Topic: Need Advice - Newbie
Replies: 6
Views: 387

Re: Need Advice - Newbie

Welcome to the forum! As b42 noted, you'll have to have this information available if you hire an hourly adviser, so why not gather it now and take the Bogleheads for a test drive? If you don't like the services you can get a refund on what you paid. :-) There are exceptions to every rule, but in my...
by ExitStageLeft
Wed Sep 02, 2020 9:22 pm
Forum: Personal Investments
Topic: Should I opt for both a Roth 401k AND Roth IRA?
Replies: 6
Views: 438

Re: Should I opt for both a Roth 401k AND Roth IRA?

If your earnings for the year will be less than $52k then for 2020 your federal tax bracket will be 12%. In that case I would make all contributions this year into the 401k as Roth. Take the tax hit at the low rate. For 2021 I would make the 401k contributions all tax-deferred. The state and city ta...
by ExitStageLeft
Wed Sep 02, 2020 6:31 pm
Forum: Personal Investments
Topic: Need your help - portfolio assessment
Replies: 7
Views: 616

Re: Need your help - portfolio assessment

Paul - thanks for your suggestions, greatly appreciated. So to summarize, you're suggesting that I move out of the bond funds in my taxable account and invest those funds in SWPPX (S&P500) and SWISX (Int'l Idx), to stay with my strategy of investing in the Schwab index funds. Then, adjust my holdin...
by ExitStageLeft
Wed Sep 02, 2020 1:21 pm
Forum: Personal Investments
Topic: TSP Balance will be close to 1M (hopefully) in a few years
Replies: 19
Views: 2467

Re: TSP Balance will be close to 1M (hopefully) in a few years

BestCoast123 wrote: Mon Aug 31, 2020 4:09 pm ...
TSP can't be withdrawn from penalty free until 59.5, correct? Will you be able to tap the TSP in 8 years?
The TSP can be accessed without penalty if separation is at age 55 or later.
by ExitStageLeft
Wed Aug 19, 2020 6:12 pm
Forum: Personal Investments
Topic: 401k fund choices
Replies: 11
Views: 561

Re: 401k fund choices

... Thank you so much!! Yes I am trying to simplify things. I have been with my advisor for 2 years now and she does manage one account but I have other plans for that now as well. The portfolio visualizer is a gem and I had no clue that something like this existed!! The Exposures tab is very usefu...
by ExitStageLeft
Wed Aug 19, 2020 5:36 pm
Forum: Personal Investments
Topic: 401k fund choices
Replies: 11
Views: 561

Re: 401k fund choices

Most complicated portfolios like the advisor's recommendation end up looking like a slightly underperforming index portfolio. That's the case here. In fact you can simplify even more See how the three portfolios compare (yours, advisor's, and a three-fund portfolio): https://www.portfoliovisualizer....
by ExitStageLeft
Wed Aug 19, 2020 4:33 pm
Forum: Personal Investments
Topic: Brokerage portfolio
Replies: 1
Views: 199

Re: Brokerage portfolio

Welcome to the forum! If this is in a taxable account (i.e. not in an IRA) then you need to be mindful of capital gains or losses. Most Bogleheads would recommend having any funds that you will need within five years be in lower-risk assets. Typically that would be a money market fund or CDs for the...
by ExitStageLeft
Tue Aug 11, 2020 7:13 pm
Forum: Personal Investments
Topic: Simplify Retirement Plan Allocations (18 funds to 3 or 4)
Replies: 16
Views: 1194

Re: Simplify Retirement Plan Allocations (18 funds to 3 or 4)

… Thank you or the reply. I checked and we do have another international stock fund: TIAA-CREF International Equity Index Fund - Instl Class TCIEX, Fee: .06%. To start, for simplicity, I'd like to keep my assets in the same account so I could utilize American Funds EuroPacific Growth Fund and/or th...
by ExitStageLeft
Tue Aug 11, 2020 11:56 am
Forum: Personal Investments
Topic: Portfolio Options if One Has "Won the Game"
Replies: 11
Views: 1418

Re: Portfolio Options if One Has "Won the Game"

If you are an analytically minded nerd like myself you will want to take a look at the Safe Withdrawal Rate series at the Early Retirement Now blog. In his introductory post of the series, Big ERN presents a table that summarizes safe withdrawal rates using the Trinity Study methodology. Scroll down...
by ExitStageLeft
Tue Aug 11, 2020 11:38 am
Forum: Personal Investments
Topic: Simplify Retirement Plan Allocations (18 funds to 3 or 4)
Replies: 16
Views: 1194

Re: Simplify Retirement Plan Allocations (18 funds to 3 or 4)

Welcome to the forum! The good news is that in some ways how your portfolio is presently allocated does not matter a whole lot. The greatest impact right now is your contribution every month. So if you can find ways to increase your retirement savings, either in the 403b or in your Roth IRA, you wil...
by ExitStageLeft
Tue Aug 11, 2020 11:07 am
Forum: Personal Investments
Topic: Review of Retirement Portfolio
Replies: 5
Views: 634

Re: Review of Retirement Portfolio

I'm sure some thought has been given to what their long-term needs will be. I suggest your relative formalize it if they haven't already by calculating what the income will be for the survivor when the higher earner passes on. Then make plans to ensure that enough of the nest egg is there when neede...
by ExitStageLeft
Mon Aug 10, 2020 5:16 pm
Forum: Personal Investments
Topic: Entering worforce, have large inherited allocation in a single stock
Replies: 18
Views: 1956

Re: Entering worforce, have large inherited allocation in a single stock

Welcome to the forum!

I would get to know the gory details of the 401k plan and determine if it allows for Mega Backdoor Roth contributions.
by ExitStageLeft
Fri Aug 07, 2020 5:25 pm
Forum: Personal Investments
Topic: Portfolio Help- Building 3 Fund for 401(k) with Voya
Replies: 5
Views: 313

Re: Portfolio Help- Building 3 Fund for 401(k) with Voya

Thanks for the replies, you two! I have never thought of having certain accounts devoted to certain funds and not having each be as diversified! That's a great idea! That's why I didn't add any of the other account information in the original post. … It was one of those "Aha!" moments for me when i...
by ExitStageLeft
Fri Aug 07, 2020 4:20 pm
Forum: Personal Investments
Topic: Portfolio Advice
Replies: 19
Views: 1150

Re: Portfolio Advice

I saw somewhere it's $174k for 2020, but I can't recall if that was an official number or a guesstimate. The point about putting as much in Roth savings as possible is spot on. You have already paid income tax on that income, so rather than putting it into taxable accounts it would be better to put ...
by ExitStageLeft
Fri Aug 07, 2020 12:48 pm
Forum: Personal Investments
Topic: Portfolio Help- Building 3 Fund for 401(k) with Voya
Replies: 5
Views: 313

Re: Portfolio Help- Building 3 Fund for 401(k) with Voya

Welcome to the forum! Although the choices in the 401k are limited you do have a few reasonably good options. The three large cap options all look pretty similar and have in fact performed almost identically of late: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1...
by ExitStageLeft
Thu Aug 06, 2020 5:14 pm
Forum: Personal Investments
Topic: Portfolio Advice
Replies: 19
Views: 1150

Re: Portfolio Advice

Hi, thanks for your thoughts on this. Our current tax rate is 24%, but I suspect we'll be in a higher tax bracket in retirement. To estimate this, would I estimate growth in taxable accounts X dividends + capital gains and then estimate growth in tax-deferred X RMD requirements by age? Note that ro...
by ExitStageLeft
Thu Aug 06, 2020 2:38 pm
Forum: Personal Investments
Topic: Portfolio Advice
Replies: 19
Views: 1150

Re: Portfolio Advice

Welcome to the forum! It would helps us greatly to know what your present marginal tax rate is, as well as what you expect it to be at age 70 when you are both drawing SS. Roughly two-thirds of your portfolio is in tax-deferred. That could easily exceed $7MM by the time RMDs kick in, which would sug...
by ExitStageLeft
Fri Jul 31, 2020 12:35 pm
Forum: Personal Investments
Topic: How to use and fund a 457 for early retirement (and other techniques)?
Replies: 9
Views: 606

Re: How to use and fund a 457 for early retirement (and other techniques)?

Depending on the funds available in the 457b plan there may be a cost difference that influences your decision. What you buy now in the 457 doesn't really matter because one can sell within a tax-advantaged account and not have to worry about capital gains or other taxes. So it isn't until you are p...
by ExitStageLeft
Fri Jul 31, 2020 12:20 pm
Forum: Personal Investments
Topic: Portfolio Review Request - 30yo Military member and Spouse
Replies: 12
Views: 917

Re: Portfolio Review Request - 30yo Military member and Spouse

Welcome to the forum! I'm a civilian fed and am familiar with the TSP from that standpoint, no knowledge about military-specific aspects of the TSP. But I'm pretty sure that the matching contribution is tax-deferred. That's certainly the case for civilian TSP and for 401k plans. So it is likely your...
by ExitStageLeft
Wed Jul 29, 2020 5:30 pm
Forum: Personal Investments
Topic: What to do with Solo401K?
Replies: 13
Views: 1115

Re: What to do with Solo401K?

It would help to know what your marginal tax rate is now and what you think it will be in retirement. But I think you're likely best served with putting as much as you can into the 401k. If it's a no-brainer to use the company 401k when it gets up and running then it's probably a no-brainer to use t...
by ExitStageLeft
Wed Jul 08, 2020 7:15 pm
Forum: Personal Investments
Topic: Three Fund Portfolio - A Few Questions
Replies: 6
Views: 735

Re: Three Fund Portfolio - A Few Questions

I may have misunderstood your plan, but I would not be purchasing VBTLX or any bond fund in a taxable account. I would just buy VTSAX in taxable and rebalance at the end of the year in the IRA so that the overall balance of stock funds and bond funds across all accounts matches your target asset all...
by ExitStageLeft
Wed Jul 08, 2020 1:11 pm
Forum: Personal Investments
Topic: Roth Advice, Military Related
Replies: 22
Views: 922

Re: Roth Advice, Military Related

Welcome to the forum! I was in your shoes just a few years ago, looking for some guidance on how to best plan for my wife's financial future. Mine too, but honestly she's likely to be around a lot longer than I am. Anyhoo, I stumbled onto Bogleheads and here I am. The amount of information one needs...
by ExitStageLeft
Wed May 13, 2020 5:48 pm
Forum: Personal Investments
Topic: Help needed on portfolio (75 y.o. family member)
Replies: 12
Views: 871

Re: Help needed on portfolio (75 y.o. family member)

Some of the brokerages offer bonuses like 10 commission-free transactions if you transfer assets over to them. Her total asset value isn't all that much, so that may be difficult to swing but worth looking into. Also worth exploring whether she is getting full Social Security benefits she is entitle...
by ExitStageLeft
Wed May 13, 2020 2:27 pm
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 119
Views: 17506

Re: New era for TSP "I" Fund?

Separate but somewhat related topic/question: I initially rolled a six figure sum into my TSP from a 401k a couple years ago. Can I roll back from TSP to Rollover IRA while still contributing to TSP (i.e., not retired)? From what I can tell, TSP does not permit rollovers unless one leaves federal s...
by ExitStageLeft
Wed May 06, 2020 11:17 am
Forum: Personal Investments
Topic: Help: Rebalance 401K Plan from previous employer
Replies: 12
Views: 534

Re: Help: Rebalance 401K Plan from previous employer

There generally is a large amount of overlap between mid-cap and small-cap index funds, such that returns with the mid-cap are indistinguishable from those without. With the ratio you have between VINIX and VSMAX you are slightly underweight in small caps. If you want to get precise you would do bet...
by ExitStageLeft
Wed Apr 22, 2020 7:21 pm
Forum: Personal Investments
Topic: Scenario
Replies: 2
Views: 256

Re: Scenario

Welcome to the forum!

I agree, there's so much we don't know. If you update your post as suggested, we can give you some targeted specific advice. Otherwise, you can't go wrong acquainting yourself with the information in the wiki: https://www.bogleheads.org/wiki/Getting_started
by ExitStageLeft
Thu Apr 09, 2020 11:11 am
Forum: Personal Investments
Topic: Complete amateur with advisor problems
Replies: 21
Views: 1893

Re: Complete amateur with advisor problems

Welcome to the forum and congratulations on recognizing the hazards of Edward Jones. It looks like you and your spouse are in good shape. Now is an excellent time to pause and reflect on the importance of looking after your money yourself. As mentioned above, the Bogleheads wiki has an immense amoun...
by ExitStageLeft
Mon Apr 06, 2020 8:50 pm
Forum: Personal Investments
Topic: Portfolio Review—analysis paralysis
Replies: 7
Views: 626

Re: Portfolio Review—analysis paralysis

It's easy to get stuck in analysis, been there. I would have her draft an IPS, perhaps with your help, that captures her goals and will be simple to implement. Then implement it. You won't know until after the fact which of the 10,000 possible plan variations will be the best one. So chart a course ...
by ExitStageLeft
Fri Mar 27, 2020 10:23 am
Forum: Personal Investments
Topic: TSP allowing more than two interfund transfers per month?
Replies: 20
Views: 2008

Re: TSP allowing more than two interfund transfers per month?

I have only made two interfund transfers this month, and they did not happen quickly. I posted my second request on a Friday and received notification the following Tuesday. Timing wasn't a concern for me, but I suspect the TSP is processing a lot of transfers and it may be a challenge having it tak...
by ExitStageLeft
Mon Mar 16, 2020 1:17 pm
Forum: Personal Investments
Topic: Roth IRA non-working spouse
Replies: 14
Views: 644

Re: Roth IRA non-working spouse

KingRiggs wrote: Sun Mar 15, 2020 7:07 pm
ExitStageLeft wrote: Sun Mar 15, 2020 3:15 pm

If MAGI exceeds $203k then neither of you can contribute to a Roth IRA for 2019.
Except through the backdoor Roth maneuver, of course.
Yes indeed, I should have typed "directly" in that sentence.
by ExitStageLeft
Sun Mar 15, 2020 3:30 pm
Forum: Personal Investments
Topic: 4 weeks ago I googled "Can I manage my own investments?" .... Mind blown!
Replies: 7
Views: 1237

Re: 4 weeks ago I googled "Can I manage my own investments?" .... Mind blown!

Welcome to the forum! You've got this. It's important not to get anxious and make rash decisions, so take your time and plot your course. Understanding your tax situation is a big part of it, so the extent to which you can limit the number of sales the better off you'll be. I would call Schwab and a...
by ExitStageLeft
Sun Mar 15, 2020 3:15 pm
Forum: Personal Investments
Topic: Roth IRA non-working spouse
Replies: 14
Views: 644

Re: Roth IRA non-working spouse

Hopefully it's just a misunderstanding and/or something got lost in the communication. But I agree with the posters above that this should not be something that your CPA is confused about. Spousal IRAs have been a thing and as long as your MAGI is above $12k and below $193k then you both can contrib...
by ExitStageLeft
Sat Mar 14, 2020 3:46 pm
Forum: Personal Investments
Topic: Building my 3-Funds: TBM, G fund or F fund?
Replies: 21
Views: 1397

Re: Building my 3-Funds: TBM, G fund or F fund?

tomwood wrote: Sat Mar 14, 2020 7:24 am ...
Thank you for your help.
How would you answer my updated question if my OP asked if I should be using F fund or G fund to build 3 fund portfolio?
The F fund is a drop-in replacement for BND, AGG, or VBTLX. If you want to match the lazy three-fund portfolio then you use F Fund.
by ExitStageLeft
Fri Mar 13, 2020 10:58 am
Forum: Personal Investments
Topic: What To Do With The 403b?
Replies: 3
Views: 192

Re: What To Do With The 403b?

First off, congratulations to your daughter for improving the return on her human capital. Secondly, the balance in the 403b is above $5k, so the old employer cannot force her to make an immediate decision. It can stay right where it's at for a few months or even a few years while she figures out wh...