Search found 813 matches

by ExitStageLeft
Tue Sep 25, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: best use of $115k
Replies: 5
Views: 1114

Re: best use of $115k

Either option are good choices. The PMI amounts to around 0.3% (I figure $1000 a year on a $300k mortgage), making the cost a nuisance but not a major factor. To my eye the two options are close enough financially to be a wash, so pick whichever one you feel puts you more on track for your goal.
by ExitStageLeft
Tue Sep 25, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Rebalancing/modifying a portfolio
Replies: 6
Views: 551

Re: Rebalancing/modifying a portfolio

That puts you in the 15% range for capital gains taxes. How much gain you have will determine how much tax you pay. If you hold it less than a year then your capital gains are short term and taxed at your regular income tax rate. Your brokerage should be able to provide you with information on how m...
by ExitStageLeft
Mon Sep 24, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Is previous employer 401(k) good enough to "shield" from pro rata?
Replies: 2
Views: 202

Re: Is previous employer 401(k) good enough to "shield" from pro rata?

Welcome to the forum! The IRS rules allow you to roll all your traditional IRAs into a qualified retirement plan such as a 401k. The only potential glitch is if the plan adminstrator does not accept rollovers from IRAs or limits it to current employees. Check with the plan and find out. Alternativel...
by ExitStageLeft
Mon Sep 24, 2018 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: AA Review [Asset Allocation]
Replies: 11
Views: 552

Re: AA Review [Asset Allocation]

I would be reluctant to be 100% in equities, but there are plenty of folks who feel that is fine until one reaches age 40. If it is part of an investment strategy that you can stick with even when the market drops like in 2008 then you should invest how you and your wife are comfortable doing. It se...
by ExitStageLeft
Mon Sep 24, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing/modifying a portfolio
Replies: 6
Views: 551

Re: Rebalancing/modifying a portfolio

Greetings everyone, My current portfolio is: 60% Vanguard Total Stock Mkt Idx Adm (VTSAX) 40% Vanguard Total Intl Stock Lx Admiral (VTIAX) I have this portfolio for the last 4 years and now I just want to lower my international exposure to 20%. That means, transferring the 20% from VTIAX to VTSAX. ...
by ExitStageLeft
Mon Sep 24, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie portfolio overhaul
Replies: 7
Views: 596

Re: Newbie portfolio overhaul

3. We are planning on moving to a lower cost of living area and buying a less expensive house when he retires. We will use inherited IRAs for make up the difference in income until he claims Social Security. Are we on track for retirement if we keep our expenses low? Welcome to the forum! You can g...
by ExitStageLeft
Mon Sep 24, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Mother's Retirement Portfolio/Fidelity ESG Funds
Replies: 1
Views: 244

Re: Mother's Retirement Portfolio/Fidelity ESG Funds

I would be uncomfortable recommending less than 40% equities. The portfolio you are considering is 31% equities. Granted, your mother is older than someone just retiring, so there may not be as much risk from inflation. At $15k per year, her portfolio is 22x expenses. That would likely sustain her a...
by ExitStageLeft
Sun Sep 23, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 77
Views: 5189

Re: Emotional Investor - I'm a mess and need help!

This may sound harsh, but here goes. The advice you will get on a forum targeted for buy-and-hold investing in total market indexed funds will be... Buy and hold total market indexed funds! It sounds like everything else you have attempted has under-performed. You have solid evidence that your inves...
by ExitStageLeft
Sun Sep 23, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: New immigrant with complicated situation
Replies: 8
Views: 773

Re: New immigrant with complicated situation

Welcome to the US and welcome to the forum! I am sorry to hear about your wife's medical condition. I hope that the treatment is effective and you both enjoy a long healthy life together. NYC is among the most expensive locations to live in the US. You might consider relocating to somewhere with a l...
by ExitStageLeft
Sun Sep 23, 2018 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: What investment company does your employer use?
Replies: 21
Views: 1221

Re: What investment company does your employer use?

Yep! https://www.fidelity.com/retirement-ira/small-business/401k-plans https://investor.vanguard.com/small-business-retirement-plans/self-employed https://www.schwab.com/public/schwab/investing/accounts_products/accounts/small_business_retirement/business_401k_plan One thing to consider is if your d...
by ExitStageLeft
Sun Sep 23, 2018 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Starting Fidelity Roth IRA
Replies: 14
Views: 1145

Re: Starting Fidelity Roth IRA

OP, do you have any other retirement accounts, investments, etc? You will get a more complete suggestion if you provide more information. Sadly, this is it so far. My job doesn't offer any 401k matching and as I'm starting so late I am thinking I may need to be a bit more aggressive in all of this....
by ExitStageLeft
Sun Sep 23, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Investment Advice for a Teacher
Replies: 19
Views: 1423

Re: Investment Advice for a Teacher

Welcome to the forum! Can't really comment on the weight of each fund without knowing the rest of your portfolio. It would also help to know the expenses you have in your plan, are they the same as Fidelity has for their retail shares? Your 30% in bonds is reasonable, if perhaps a bit low for someon...
by ExitStageLeft
Sun Sep 23, 2018 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Need 401k Portfolio asset allocation recommendations - 35yo with 200k.
Replies: 9
Views: 957

Re: Need 401k Portfolio asset allocation recommendations - 35yo with 200k.

If you are talking about selling shares of one or more funds in a 401k or rIRA and buying shares of different funds within the same account, there is no point in delaying. If the market goes up or down, you are already invested so there's no sense in doing a dollar cost averaging transition. That is...
by ExitStageLeft
Sat Sep 22, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: TSP to Roth IRA Tax Strategy (Post Retirement)
Replies: 27
Views: 1627

Re: TSP to Roth IRA Tax Strategy (Post Retirement)

I know I can start withdrawing funds from my TSP now (at age 58) without a penalty but If I transfer to a Roth IRA in 2 steps by first transferring to a traditional IRA, do I need to be worried about penalties when I transfer funds from the traditional to the Roth because I'm below 59.5 or is it no...
by ExitStageLeft
Sat Sep 22, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Need 401k Portfolio asset allocation recommendations - 35yo with 200k.
Replies: 9
Views: 957

Re: Need 401k Portfolio asset allocation recommendations - 35yo with 200k.

I echo the comments above, you can build a three-fund portfolio with the Vanguard funds and a portfolio with broad diversification that will capture whatever the market yields. Once you add a Roth IRA into the mix, let it grow tax-free with a stock fund. My preference would be for 20% in bonds and n...
by ExitStageLeft
Sat Sep 22, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Roth in-plan conversion questions
Replies: 6
Views: 538

Re: Roth in-plan conversion questions

There's a bit of info from the IRS at https://www.irs.gov/retirement-plans/designated-roth-accounts-in-plan-rollovers-to-designated-roth-accounts It's not clear to me if a loss gets reported as negative income. A literal reading of that IRS page suggests it to be so, but I'm slowly learning that one...
by ExitStageLeft
Sat Sep 22, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: AA Review [Asset Allocation]
Replies: 11
Views: 552

Re: AA Review [Asset Allocation]

Hello bogleheads - I'm 31 years old and recently married. I wasn't the most financially conscience in my younger years and now I'm trying to play catch up. Savings wise I have 35k in Northfield bank online savings giving a whopping 2.25% return, I switched from CIT Money Market at 1.85%. From the 3...
by ExitStageLeft
Tue Sep 18, 2018 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Take winnings and go "defensive"???/ Advice
Replies: 6
Views: 1737

Re: Take winnings and go "defensive"???/ Advice

It's reasonable and appropriate to reduce risk in your portfolio as you approach retirement. See the Michael Kitces article on using a "bond tent" to mitigate sequence of return risk: https://www.kitces.com/blog/managing-portfolio-size-effect-with-bond-tent-in-retirement-red-zone/ It's not necessari...
by ExitStageLeft
Tue Sep 18, 2018 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Complete Beginner to investing, 24 years old
Replies: 24
Views: 3103

Re: Complete Beginner to investing, 24 years old

Good job on following through with the financial plan. Bummer about the missed 2017 Roth contribution. You'll end up doing yourself a favor by putting the funds in different accounts based on their tax-efficiency. Also, in any tax-advantaged account such as an IRA or a 401k, you can buy and sell fun...
by ExitStageLeft
Tue Sep 18, 2018 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 7
Views: 967

Re: Portfolio Review

Welcome to the forum and congratulations on building a long-term financial plan. Stan's comment about a tax loss had an implicit assumption that you would want to divest of the target date fund in your taxable account. Because all earnings in that account are taxed, any sale will result in capital g...
by ExitStageLeft
Mon Sep 17, 2018 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs. EJ vs. Fidelity
Replies: 13
Views: 979

Re: Vanguard vs. EJ vs. Fidelity

Welcome to the forum! You can also go it yourself with Fidelity, you are not obliged to pay for an advisor. Your take on EJ is correct, they will sell you products that may be good for your, but the commission and fees will always be good fro EJ. With Vanguard you can go it alone or you could pay 0....
by ExitStageLeft
Mon Sep 17, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie seeking help with planning asset allocation and fund selection in multiple retirement accounts
Replies: 4
Views: 417

Re: Newbie seeking help with planning asset allocation and fund selection in multiple retirement accounts

Welcome to the forum! With the amounts you are both saving in retirement you will be caught up in no time. ... How would you recommend allocating our assets across these multiple accounts? I'm leaning towards a mirrored approach where each account mirrors the overall asset allocation, but I want to ...
by ExitStageLeft
Sun Sep 16, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Would appreciate resources and advice
Replies: 3
Views: 295

Re: Would appreciate resources and advice

Welcome to the forum! It's good that you and your wife are taking the time to learn more about self-managing your finances. It's always a good time to do that. If you haven't yet started reading the Boglehead wiki page, you can do that at https://www.bogleheads.org/wiki/Main_Page Mr. Money Mustaches...
by ExitStageLeft
Sun Sep 16, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Critique, what can I do better?
Replies: 7
Views: 680

Re: Critique, what can I do better?

Welcome to the forum! Good on ya for getting your sights focused on your future while still in college. Once you've amassed a portfolio worth a few $100k you'll likely want to shift a portion into bonds. Until then, keeping it simple with low-cost indexed funds is the way to go. There's nothing wron...
by ExitStageLeft
Sat Sep 15, 2018 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Assist with porfolio analysis
Replies: 9
Views: 794

Re: Assist with porfolio analysis

Contributions to IRAs are limited top $5500 per year, but both you and your spouse can save that much each year. I'm guessing your combined income is above $189k, so you probably can't contribute directly to a Roth IRA. You should look into the backdoor Roth option, which would allow you to save $11...
by ExitStageLeft
Sat Sep 15, 2018 7:54 am
Forum: Investing - Help with Personal Investments
Topic: US Index or Emerging Index fund in Roth IRA
Replies: 5
Views: 699

Re: US Index or Emerging Index fund in Roth IRA

I agree with your decision to put the emerging markets assets in the Roth. That seems more likely to generate income from dividends and STCG, so the tax-advantaged account is a good home for it. No specific advice on the small-cap other than to remind you that having to deal with taxes from capital ...
by ExitStageLeft
Sat Sep 15, 2018 7:46 am
Forum: Investing - Help with Personal Investments
Topic: TIAA near-retiree begins to consider retirement now
Replies: 22
Views: 1260

Re: TIAA near-retiree begins to consider retirement now

Welcome to the forum! With retirement so near now is a good time to get your heads together and make sure you're well positioned to transition into the decumulation stage of your life. I'm just a guy on the internet, so take my advice with a grain of salt. Her's my quick answers to your questions: 1...
by ExitStageLeft
Sat Sep 15, 2018 7:30 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help Please
Replies: 8
Views: 446

Re: Portfolio Help Please

Welcome to the forum! With retirement so close on the horizon, now is a good time to make sure your sailing into the right seas. I'm a little concerned that you're chasing returns and losing out on the benefit of diversification in the process. You also should consider how much risk is appropriate a...
by ExitStageLeft
Fri Sep 14, 2018 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for guidance on portfolio & strategy
Replies: 7
Views: 663

Re: Looking for guidance on portfolio & strategy

... What's the benefit of moving the IRA to the 401K? Your combined income is very close to the phase-out level for making Roth IRA contributions. At $180k you can each put $5.5k into Roth IRAs. That starts to phase out at $189k and once your income gets above $199k you cannot make direct Roth IRA ...
by ExitStageLeft
Fri Sep 14, 2018 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: So new to all this it hurts!
Replies: 27
Views: 3395

Re: So new to all this it hurts!

Welcome to the forum!

The 56/44 ratio is very reasonable for one approaching retirement. You will find folks here with anything from 80/20 to 40/60.

What are the expenses and fees for 1), 2) and no change?
by ExitStageLeft
Fri Sep 14, 2018 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Assist with porfolio analysis
Replies: 9
Views: 794

Re: Assist with porfolio analysis

Welcome to the forum! Nicely done, you've got a fairly diverse portfolio invested in low-cost indexed funds. There are a couple of areas I see where you could make a few changes that could help you minimize taxes, simplify your portfolio, and protect yourself from inflation. On minimizing taxes, did...
by ExitStageLeft
Fri Sep 14, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Updated Asset Allocation and Fund Placement
Replies: 9
Views: 891

Re: Updated Asset Allocation and Fund Placement

Ah, I see. Thank you for explaining that and including the link; I am motivated to manage my own finances and have read a few financial books, but I get a lot of value in seeing others' thought processes. I don't own a home and don't want to be a landlord, etc, so I included REIT to diversify; it's...
by ExitStageLeft
Fri Sep 14, 2018 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Updated Asset Allocation and Fund Placement
Replies: 9
Views: 891

Re: Updated Asset Allocation and Fund Placement

I have no specific advice on the international allocation, but the rest is a reasonable balance. My personal preference would be to drop the REIT as a 5% position doesn't really do much. You already have a small cap tilt. I would explore how much consolidation you can do. You can roll one of the Ro...
by ExitStageLeft
Thu Sep 13, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Portfolio Mix
Replies: 5
Views: 438

Re: Investing Portfolio Mix

Welcome to the forum! I agree with bloom that you're best choice right now is tax-deferred savings in the TSP. You'll want a mix of pre-tax and Roth savings each year, and you're probably best served with $18.5k pre-tax and $11k in Roth. Shooting for an early retirement means accessing money in reti...
by ExitStageLeft
Thu Sep 13, 2018 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Updated Asset Allocation and Fund Placement
Replies: 9
Views: 891

Re: Updated Asset Allocation and Fund Placement

I have no specific advice on the international allocation, but the rest is a reasonable balance. My personal preference would be to drop the REIT as a 5% position doesn't really do much. You already have a small cap tilt. I would explore how much consolidation you can do. You can roll one of the Rot...
by ExitStageLeft
Wed Sep 12, 2018 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: Another high expense-ratio 401(k), Help!
Replies: 22
Views: 1237

Re: Another high expense-ratio 401(k), Help!

Those really bite. How long until retirement, and what is present tax bracket? Current age: 40 Planned retirement: 65 Present tax bracket: barely low end of 33% (married filed jointly) if no pre-tax 401(k) contribution, most likely 28% bracket Note: this is the first year I earn enough that I'd nee...
by ExitStageLeft
Wed Sep 12, 2018 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Another high expense-ratio 401(k), Help!
Replies: 22
Views: 1237

Re: Another high expense-ratio 401(k), Help!

I'm slow! I reread your original post and realize you say you are 40. Doh! :oops: You'll max out your 401k, that's a given even though the fund selection is awful. The question is what to do with the $5500 per year that you want to put in the Roth IRA? Your options are: Roll the tIRA into the 401k a...
by ExitStageLeft
Wed Sep 12, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: rmd for IRAs at multiple institutions
Replies: 18
Views: 1197

Re: rmd for IRAs at multiple institutions

Welcome to the forum! From the IRS perspective you have one IRA that happens to be split across several companies. They don't care which sliver(s) it comes from, just that the total amount is equal to or greater than your RMD. Edit to add: You probably would have mentioned if any of these are inheri...
by ExitStageLeft
Wed Sep 12, 2018 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Another high expense-ratio 401(k), Help!
Replies: 22
Views: 1237

Re: Another high expense-ratio 401(k), Help!

Those really bite. How long until retirement, and what is present tax bracket?
by ExitStageLeft
Wed Sep 12, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Wife's Roth @ a Financial Advisor
Replies: 33
Views: 1752

Re: Wife's Roth @ a Financial Advisor

https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2018&lastMonth=12&endDate=09%2F12%2F2018&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&showYield=false&reinve...
by ExitStageLeft
Wed Sep 12, 2018 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: FERS why it is so low.
Replies: 12
Views: 1782

Re: FERS why it is so low.

FERS is built as a three-legged stool. The pamphlet I got back in year 1 actually had a stool printed on it.

The three legs are the FERS pension, social security, and the Thrift Savings Plan. You'll need all three (at least) to have a reasonable retirement.
by ExitStageLeft
Wed Sep 12, 2018 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: expenses in a 401k
Replies: 6
Views: 418

Re: expenses in a 401k

I wonder if these things aren't made on purpose to be hard to understand. My guess is 0.08% of assets, twice the retail price but a very reasonable surcharge for a 401k plan.
by ExitStageLeft
Wed Sep 12, 2018 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - I would like to manage portfolio going forward
Replies: 4
Views: 454

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

You can easily manage your retirement portfolio and simplify it in the process. My thoughts on your questions are as follows: 1) If you didn't have your wife's 457b plan available I would say it is probably worth clearing the tIRAs to allow backdoor Roth contributions. Given that you are saving $55k...
by ExitStageLeft
Tue Sep 11, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Convert Traditional IRA to Roth, and How Do I Pay Estimated Tax
Replies: 31
Views: 2302

Re: Should I Convert Traditional IRA to Roth, and How Do I Pay Estimated Tax

The lure of so many years of making backdoor Roth contributions would be irresistable to me. The limited offerings in the 401k aren't so bad, and you're doing well to make the Wellesley fund be your bond holdings. I would roll the tIRA into the 401k and make a four-fund portfolio to approximate a bl...
by ExitStageLeft
Mon Sep 10, 2018 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Moving old 401k. Is my investment thinking sound ?
Replies: 4
Views: 431

Re: Moving old 401k. Is my investment thinking sound ?

Welcome to the forum! There doesn't seem to be any issue with keeping your IRA with your bank, but I caution you to be certain you have identified all the potential fees. Provided you don't tie yourself up in a back-loaded fund, there should be no problem transferring your IRA assets to another brok...
by ExitStageLeft
Mon Sep 10, 2018 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Simplify Porfolio? Getting Crazy
Replies: 10
Views: 1998

Re: Simplify Porfolio? Getting Crazy

Hello, appreciate any advice on the final 4 posts in this thread To recap, your plan is to maximize her 403b contribution and have it all go into a low cost total bond fund. When you re-balance, in your 401k you will trade some bond funds for the 500 and small-cap index funds. You'll maintain the s...
by ExitStageLeft
Mon Sep 10, 2018 12:40 am
Forum: Investing - Help with Personal Investments
Topic: Pre-retirement portfolio and plans; how am I doing?
Replies: 6
Views: 1118

Re: Pre-retirement portfolio and plans; how am I doing?

Your 403b contribution for 2018, including catch-up, is a max of $24,500. Just in case you wanted to put an extra $500 into tax-deferred this year. :D
by ExitStageLeft
Sun Sep 09, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Am I on track at 29? More to investments or mortgage?
Replies: 6
Views: 729

Re: Am I on track at 29? More to investments or mortgage?

It looks to me like you are on track. https://networthify.com/calculator/earlyretirement?income=70000&initialBalance=100000&expenses=55000&annualPct=5&withdrawalRate=4 If it is any consolation, you are way ahead of most. Being 100% in equities is a little riskier than most would recommend, but not u...
by ExitStageLeft
Sun Sep 09, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: 403b fixed 7% return - treat as bonds w.r.t. asset allocations?
Replies: 9
Views: 887

Re: 403b fixed 7% return - treat as bonds w.r.t. asset allocations?

Welcome to the forum! Your 403b fixed return account is indeed on par with a bond or any other fixed income asset. I would treat it as such in figuring your asset allocation, and put equities in the Roth IRA. With the high pension you may be a better candidate for Roth savings than most. It's worth ...
by ExitStageLeft
Sun Sep 09, 2018 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Is it worth doing a small Roth conversion now?
Replies: 16
Views: 1076

Re: Is it worth doing a small Roth conversion now?

At that amount I think all you can get is a target date fund. Well done, now enjoy the rest of your weekend!