Search found 16 matches

by Salmonid
Fri Mar 29, 2019 6:21 pm
Forum: Personal Investments
Topic: Help with wife and I's Retirement Plan
Replies: 21
Views: 1803

Re: Help with wife and I's Retirement Plan

Refinance that mortgage!
by Salmonid
Fri Mar 29, 2019 3:35 pm
Forum: Personal Investments
Topic: Roth conversion
Replies: 48
Views: 4514

Re: Roth conversion

Depending on how far out you're thinking, converting to Roth can be a killer estate planning move. Roth funds aren't subject to RMDs and retain their tax-free status indefinitely. I'm not an expert in that area, but it might be something to think about.
by Salmonid
Fri Mar 29, 2019 3:15 pm
Forum: Personal Investments
Topic: Mortgage as negative bond = YIKES! Should I panic?
Replies: 37
Views: 3550

Re: Mortgage as negative bond = YIKES! Should I panic?

OP, I certainly don't see the point in maintaining a 40% bond allocation while keeping a mortgage at a higher interest rate. You are just losing the arbitrage game to the bank. This was my conclusion. I allocate about 15% of my free cash flow (my "bond money") to paying down additional mortgage pri...
by Salmonid
Fri Mar 29, 2019 3:07 pm
Forum: Personal Investments
Topic: Mortgage as negative bond = YIKES! Should I panic?
Replies: 37
Views: 3550

Re: Mortgage as negative bond = YIKES! Should I panic?

If having a mortgage freaks you out, you could get rid of the house and pay rent to a landlord instead. Would that make you feel better? If it were the house I'm in at a reasonable rent, I would love to rent. Sounds like a wash to me; I leave the house and mortgage out of my asset allocation decisi...
by Salmonid
Fri Mar 29, 2019 2:58 pm
Forum: Personal Investments
Topic: Where to invest home downpayment which I am not certain when to buy if ever?!
Replies: 75
Views: 7589

Re: Where to invest home downpayment which I am not certain when to buy if ever?!

Back on topic, with a truly indefinite timeframe, I would just invest according to your normal allocation. Don't invest in a "separate account" that could limit your return for years to come. When you get close to the point of being ready to buy, then consider either savings, CD, or short term bond...
by Salmonid
Fri Mar 29, 2019 1:25 pm
Forum: Personal Investments
Topic: Mortgage as negative bond = YIKES! Should I panic?
Replies: 37
Views: 3550

Re: Mortgage as negative bond = YIKES! Should I panic?

You could consider diverting the money you'd use to buy more bonds to paying down the mortgage instead. There are some good arguments for doing so - you'll make more in guaranteed interest avoided than you would on a comparable risk-free bond in the current rate environment, and you probably want th...
by Salmonid
Sun Feb 18, 2018 1:29 am
Forum: Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 9426

Sell me on the benefits of an emergency fund

I'm struggling to see why I should bother with a cash equivalent emergency fund. What risks would I be hedging against? I have a year plus of living expenses in after tax investments that I could access if the need was truly dire. What are the advantages of taking part of that out of the market? It ...
by Salmonid
Sat Feb 17, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: 403(b) plan provisions
Replies: 10
Views: 839

Re: 403(b) plan provisions

There is a dollar for dollar match of the first 5% of salary deferred. It vests 50% at year 2 and 100% at year 3. Total plan assets are in the range of 70m, so maybe it would be difficult to reduce the asset based fee substantially.
by Salmonid
Sat Feb 17, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: 403(b) plan provisions
Replies: 10
Views: 839

Re: 403(b) plan provisions

I don't believe the plan offers a 15 year catch up. I added an extra 0 in previous posts - the actual asset based charge is .235%, which isn't great but it sounds like it could be a lot worse. More fund options are never bad, but it already has the full range of Vanguard target date funds as well as...
by Salmonid
Thu Feb 15, 2018 5:04 pm
Forum: Investing - Theory, News & General
Topic: 403(b) plan provisions
Replies: 10
Views: 839

Re: 403(b) plan provisions

I don't think I'd be able to sell immediate vesting, although it would be nice. Flat dollar amounts in addition to percentage are a good idea. Thanks!
by Salmonid
Thu Feb 15, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: 403(b) plan provisions
Replies: 10
Views: 839

403(b) plan provisions

Hi Bogleheads, I may have the ability to significantly influence the design of my employer's 403(b) plan. What types of employee-friendly changes can I shoot for that won't cost the company too much? Right now there is no Roth option, so that's an obvious one. The plan already has a decent selection...
by Salmonid
Tue Feb 06, 2018 7:39 pm
Forum: Personal Investments
Topic: How to ditch Ameriprise
Replies: 15
Views: 1959

Re: How to ditch Ameriprise

Fantastic. Thanks! I'll have to look into the sale fees. Really appreciate the detail process breakdown.
by Salmonid
Tue Feb 06, 2018 6:21 pm
Forum: Personal Investments
Topic: How to ditch Ameriprise
Replies: 15
Views: 1959

Re: How to ditch Ameriprise

This is helpful, thanks!
by Salmonid
Tue Feb 06, 2018 5:06 pm
Forum: Personal Investments
Topic: How to ditch Ameriprise
Replies: 15
Views: 1959

Re: How to ditch Ameriprise

TwstdSista wrote:
Tue Feb 06, 2018 4:55 pm
Just be sure to check the trade fees for your mutual funds. It may be that some are less expensive to sell at Ameriprise vs. Vanguard, and vice versa.
This may be a dumb question, but don't I have to sell them at Ameriprise to be able to transfer the accounts to Vanguard?
by Salmonid
Tue Feb 06, 2018 4:47 pm
Forum: Personal Investments
Topic: Help me assess new 401k?
Replies: 8
Views: 924

Re: Help me assess new 401k?

My Empower plan has a fee disclosure sheet available as a link in the participant accounts section that lays out the fund fees and the plan fee. This is a required disclosure, so you should be able to get it. There's a good chance the HR folks either don't know about it or don't understand what it is.
by Salmonid
Tue Feb 06, 2018 4:23 pm
Forum: Personal Investments
Topic: How to ditch Ameriprise
Replies: 15
Views: 1959

How to ditch Ameriprise

Hello, I’ve been reading the books (thanks!) and have determined that I probably need to move my savings away from Ameriprise. I'd love some feedback on my draft plan to do so. Right now I have the following: 403(b) plan (held in plan, pretax) VTIAX Vanguard Total Intl Stock Index Admiral 25% $6,300...