Search found 110 matches

by ElmoHongZito
Sun Oct 14, 2018 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Selecting/quoting homeowners insurance??
Replies: 2
Views: 204

Selecting/quoting homeowners insurance??

Thank you in advance for taking the time to read my post and responding. I live in South Florida and recently finished paying off the townhowme that I live with my wife and 2 kids. Its probably worth around 330-350k. As far as homeowners insurance It looks like I have been paid $2400 for this curren...
by ElmoHongZito
Mon Oct 08, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to complete 3 fund portfolio design. Help!!
Replies: 8
Views: 909

Re: Trying to complete 3 fund portfolio design. Help!!

Thanks for analyzing. Thanks for the clarification. Summing up, you have a $750k portfolio that you want to have 30% bonds. Your tax-advantaged total is about 20% of total portfolio and is already 100% bonds (or fixed income). You need to trade 10% of your portfolio in taxable and purchase bonds. Re...
by ElmoHongZito
Mon Oct 08, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Trying to complete 3 fund portfolio design. Help!!
Replies: 8
Views: 909

Re: Trying to complete 3 fund portfolio design. Help!!

Thank you. This is helpful. I believe that I fall in the growth investor category and based on that link you sent I think I am comfortable starting with a 70/30 AA. However since I want my entire portfolio to have this AA and I already have some investments in place (detailed in OP) plus additional ...
by ElmoHongZito
Sun Oct 07, 2018 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to complete 3 fund portfolio design. Help!!
Replies: 8
Views: 909

Re: Trying to complete 3 fund portfolio design. Help!!

@ JBTX and @LadyGeek Thanks so much for responding to my post. If you don't mind I have a couple of questions about your comments... 1- I understand your comment about capital gain tax being the same whether I realize gains from my long term positions now or next year (as long as my taxable income f...
by ElmoHongZito
Sun Oct 07, 2018 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to complete 3 fund portfolio design. Help!!
Replies: 8
Views: 909

Trying to complete 3 fund portfolio design. Help!!

Thanks in advance for any guidance you can provide. I always read and consider every response I receive on this forum. I turn 37 in a couple months and I have been dragging my feet for too long to finish setting up my 3-fund portfolio. I would like to get it going already and make any necessary adju...
by ElmoHongZito
Sun Oct 07, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Should my entire 401k be in total bond market index?
Replies: 20
Views: 2515

Re: Should my entire 401k be in total bond market index?

ElmoHongZito, I went through your older posts (quickly). You have been making steady progress since you joined us back in March (at which time you had a real mess on your hands!). Much has changed since you started and it appears you are trying to figure out how to put your portfolio together on yo...
by ElmoHongZito
Sun Oct 07, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 46
Views: 4065

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

Ended up buying a Honda Civic Type R. Since so few allotted to the US and there is such a high demand given the limited supply it was very difficult for me to get one at MSRP. But after contacting pretty much every dealer in the country that had one in championship white (signature color) I finally ...
by ElmoHongZito
Sun Sep 09, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 46
Views: 4065

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

Sorry to poke insult at one of your narrowed-down choices, but in my opinion the CLA250 is a cheap unrefined excuse for a Mercedes that was meant to hook in millennial fashionistas to the brand at a price point that makes for a relatively cheap lease. It looks good but that's about it. You pay for ...
by ElmoHongZito
Sun Sep 09, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 46
Views: 4065

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

omibogle wrote:
Sun Sep 09, 2018 10:16 am
Why do you think 911 Carrera doesn't meet your criteria? They are great daily drivers and hold value really well.
Even if I am driving it 1500 miles per month?

So how would I get a used one that will stay under warranty for the next 3 years will all those miles I would put on it?
by ElmoHongZito
Sun Sep 09, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 46
Views: 4065

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

So after reading all your responses and looking around I think I have narrowed down my options to either a 2018 Mercedes CLA 250 with low 9k mileage (not CPO) or a 2015 Lexus CT200h with around 30k miles (CPO). For the maximum 2 to 3 years I would keep the car before I get bored I should be covered ...
by ElmoHongZito
Sat Sep 08, 2018 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 46
Views: 4065

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

The c43 isn’t a “real” AMG. It’s more like the BMW Mxxx vehicles. That’s somewhat of a good thing, as it will be cheaper to maintain. The CLA is not going to be up to the quality levels you probably expect from Mercedes. It was built to a price point, and it shows. You buy one of these for the badg...
by ElmoHongZito
Sat Sep 08, 2018 5:58 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 46
Views: 4065

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

Thank you everyone for sharing your thoughts. You definetely have given me some things to seriously think about in making this decision. Thank goodness I did not make an impulsive decision yesterday and trade in my truck for that CLA 45 which no longer had factory warranty. A few comments from thing...
by ElmoHongZito
Fri Sep 07, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 46
Views: 4065

Thoughts on buying a pre-owned Mercedes Benz cash?

I thought it would be difficult to search the forums for car buying tips and strategies so I thought I would start a new thread. I am in sales and spend a good amount on of time in my vehicle and putting miles on my vehicle. I have been doing 15k mile per year leases but I always end up paying for e...
by ElmoHongZito
Wed Sep 05, 2018 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Need some guidance on 401k, 403b, 457b
Replies: 6
Views: 604

Re: Need some guidance on 401k, 403b, 457b

However I found out today that as a teacher for the county public schools she also has access to a 401k plan and a 457b plan. My understanding is that she cannot contribute to both a 401k and a 403b plan. Not sure what state you're in, but my wife is a teacher in North Carolina and has access to a ...
by ElmoHongZito
Wed Sep 05, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Need some guidance on 401k, 403b, 457b
Replies: 6
Views: 604

Need some guidance on 401k, 403b, 457b

First I would like to thank all of you in advance for any guidance you are willing to provide me and my family. I am working on allocating our saved cash in the bank into the asset allocation we think is best. I am following the boards advise to put bonds in tax-advantaged accounts. To meet my initi...
by ElmoHongZito
Mon Sep 03, 2018 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Should we max out all tax advantaged accounts?
Replies: 10
Views: 1908

Re: Should we max out all tax advantaged accounts?

Thank you sooo much for your dedicated responses to my OP. I feel so bad that I did not realize until today that these responses were made. Yes, if a 457b is also available, she can max both the 403b and the 457b provided her income is high enough. What else is deducted out of it besides the 3% mand...
by ElmoHongZito
Mon Sep 03, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Should my entire 401k be in total bond market index?
Replies: 20
Views: 2515

Re: Should my entire 401k be in total bond market index?

I think that portion of the Wiki must have been written awhile back. It has been awhile since the usual bond funds had an expected return of less than 1%. Put your bonds in the 401k. If all the bonds won't fit in your 401k, what other accounts do you have to put bonds in? Going to look into my maxi...
by ElmoHongZito
Mon Sep 03, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Should my entire 401k be in total bond market index?
Replies: 20
Views: 2515

Re: Should my entire 401k be in total bond market index?

If the bond portion of my asset allocation is going to all go to tax deferred accounts (401k, 529 plan, HSA) I stopped reading your long post when I saw that you changed my response, so I wanted to clear that up now. I wrote "tax-deferred" and you changed that to "tax advantged." Tax-deferred is a ...
by ElmoHongZito
Mon Sep 03, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Should my entire 401k be in total bond market index?
Replies: 20
Views: 2515

Re: Should my entire 401k be in total bond market index?

2b. If you have a tax-deferred 401(k) and you have NOT filled it up with fixed income, then go ahead now and fill it up now with equity funds. Does this mean that If I haven’t reached the $18,500 yearly contribution limit in my 401k but have already met my desired asset allocation for bonds in my o...
by ElmoHongZito
Mon Sep 03, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Should my entire 401k be in total bond market index?
Replies: 20
Views: 2515

Re: Should my entire 401k be in total bond market index?

It is funny how that wiki article confuses people. 1. If you have a tax-deferred 401(k), then my suggestion is to put as much of your fixed income that you have in your asset allocation into the 401(k) until the 401(k) is full OR no more fixed income to allocation. Did you see that big" OR " becaus...
by ElmoHongZito
Sun Sep 02, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Should my entire 401k be in total bond market index?
Replies: 20
Views: 2515

Re: Should my entire 401k be in total bond market index?

I’m still a believer in the bonds should equal your age. All of your bonds should be in TIPS. I feel that the general bent of this board is on the bullish side, due to the incredible performance of equities since the crash. They will probably come out a little bit ahead in the end, but sleeping at ...
by ElmoHongZito
Sun Sep 02, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Should my entire 401k be in total bond market index?
Replies: 20
Views: 2515

Re: Should my entire 401k be in total bond market index?

I need some helpful guidance after reading the 3-fund portfolio wiki aricle as well as the Tax Efficient Fund Placement wiki article. 750k to allocate to an emergency fund and a 3-fund portfolio I am trying to establish I’m thinking of my asset allocation being 80% stocks/20% bonds or 75/25. I will...
by ElmoHongZito
Sun Sep 02, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Should my entire 401k be in total bond market index?
Replies: 20
Views: 2515

Should my entire 401k be in total bond market index?

I need some helpful guidance after reading the 3-fund portfolio wiki aricle as well as the Tax Efficient Fund Placement wiki article. Just paid off my mortgage and still have about 750k to allocate to an emergency fund and a 3-fund portfolio I am trying to establish after stupidly keeping most of my...
by ElmoHongZito
Sat Sep 01, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on investing in Uranium???
Replies: 48
Views: 3135

Re: Thoughts on investing in Uranium???

Everything in the OP the market already knows. What do you know that the commodity traders who do this for a living every single day doesn't know? Or do you just want to gamble? That’s a good point. I was contemplating perhaps purchasing shares in one of the US mining companies that has large reser...
by ElmoHongZito
Sat Sep 01, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on investing in Uranium???
Replies: 48
Views: 3135

Re: Thoughts on investing in Uranium???

I was under the impression that US and Canada have vast uranium deposits, but we just import most of it from Kazakhstan. I wouldn't invest in it bc I just do the 3-fund. Aside from that, nuclear energy has its own environmental problems, particularly at the tail end of the lifecycle, that make it u...
by ElmoHongZito
Sat Sep 01, 2018 9:35 am
Forum: Investing - Theory, News & General
Topic: Thoughts on investing in Uranium???
Replies: 48
Views: 3135

Thoughts on investing in Uranium???

Someone I spoke to this week shared some insights on investing in the Uranium mining/processing sector — a topic that I am not familiar with. However after listening to him and reading a little I thought it would be worth starting a thread here and picking the brains of my fellow bogleheads to get m...
by ElmoHongZito
Tue Aug 28, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Where should I put funds after selling out of all these individual stocks?
Replies: 2
Views: 298

Where should I put funds after selling out of all these individual stocks?

Thank you in advance for any guidance you can provide. I had a FA managing a Managed Brokerage account for me for 2+ years. Started with 150k and now its worth 214k Thanks to BH forum, I decided recently to transfer those funds to a self manage account with Merrill Edge to manage myself so I can sto...
by ElmoHongZito
Sun Jul 08, 2018 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12082

Re: Please help 36yr old with Asset Allocation!!

chonp3 wrote:
Sun Jul 08, 2018 1:51 pm
Have you tried using an asset allocation questionaire, such as
https://personal.vanguard.com/us/FundsInvQuestionnaire
Just did it and it suggests 80% stocks 20% bonds which is what I was considering to do. Thanks for that survey. It served well as reassurance.
by ElmoHongZito
Sun Jul 08, 2018 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12082

Please help 36yr old with Asset Allocation!!

[Thread merge into here, see below. --admin LadyGeek] BH newbie here...I am 36.5 years old and about to make a move to pay off my mortgage, set aside an emergency fund and dump the majority of my savings into a 3-fund portfolio. My biggest fear is a sudden drop in the market shortly after I do that...
by ElmoHongZito
Sun Jul 08, 2018 7:37 am
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12082

Re: 36 yr old BH Newbie with substantial savings- Help!!!

On another note, after reading the first reply from @spth I noticed that the deadline to participate in an IRA for 2017 is April 16. That would be 11K for me and my wife combined. is this something fairly easy I can set up through my Fidelity account? Should I set this up as a Roth IRA? does it mat...
by ElmoHongZito
Sat Jul 07, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4676

Re: Can I finance a new home abroad (Carribean)???

In April you told us you had $700k sitting in a bank account. No need to borrow money, then. I am not comfortable purchasing a home cash and much less in another country. Got too little ones at home a large amount of my liquidity to that amount of risk I don’t think is a smart decision. You seem to...
by ElmoHongZito
Thu Jul 05, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4676

Re: Can I finance a new home abroad (Carribean)???

Thank you everyone for helping me put this into perspective. I expect the prices in the area I am interested today to continue to exponentially rise as they continue to dump billions more into the development. A square meter of land where I am interested was $25 back in 2000-2002 and that same squar...
by ElmoHongZito
Thu Jul 05, 2018 8:40 am
Forum: Investing - Theory, News & General
Topic: What are equivalent total market index funds for foreigners?
Replies: 7
Views: 780

Re: What are equivalent total market index funds for foreigners?

Avoid all US based funds and ETFs because of the 30% withholding tax on dividends and the dreaded threat of estate tax. Mexico has a 10% US income tax treaty rate for dividends, so US domiciled funds should be okay for Mexican residents -- and arguably perhaps better than Ireland domiciled ones whe...
by ElmoHongZito
Wed Jul 04, 2018 3:52 pm
Forum: Investing - Theory, News & General
Topic: What are equivalent total market index funds for foreigners?
Replies: 7
Views: 780

What are equivalent total market index funds for foreigners?

One of my best friends currently lives in Mexico because of his job. He is from the Dominican Republic but has permanent residency in Brazil and Mexico due to his work. I was talking to him about some of the things I have learned since joining this forum and reading a couple of books and the questio...
by ElmoHongZito
Wed Jul 04, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4676

Re: Can I finance a new home abroad (Carribean)???

Thank you for all the feedback so far. I am reading through it and looks like not one person is supportive of the idea lol :P Just to add some light, I DO have family in the DR. My wife was born and raised there and I lived there as a teenager which is when we met. We go back at least once per year...
by ElmoHongZito
Wed Jul 04, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4676

Re: Can I finance a new home abroad (Carribean)???

In April you told us you had $700k sitting in a bank account. No need to borrow money, then. I am not comfortable purchasing a home cash and much less in another country. Got too little ones at home a large amount of my liquidity to that amount of risk I don’t think is a smart decision. You think y...
by ElmoHongZito
Wed Jul 04, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4676

Re: Can I finance a new home abroad (Carribean)???

My sister and brother in law live and work in the neighborhood I would purchase. In fact my brother in law sells real estate there and works directly for the family that owns most of the land and developments. [...] Any new feedback or guidance now that you have more background? I really value all ...
by ElmoHongZito
Wed Jul 04, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4676

Re: Can I finance a new home abroad (Carribean)???

Thank you for all the feedback so far. I am reading through it and looks like not one person is supportive of the idea lol :P Just to add some light, I DO have family in the DR. My wife was born and raised there and I lived there as a teenager which is when we met. We go back at least once per year ...
by ElmoHongZito
Tue Jul 03, 2018 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4676

Re: Can I finance a new home abroad (Carribean)???

In April you told us you had $700k sitting in a bank account. No need to borrow money, then. I am not comfortable purchasing a home cash and much less in another country. Got too little ones at home a large amount of my liquidity to that amount of risk I don’t think is a smart decision. You think y...
by ElmoHongZito
Tue Jul 03, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4676

Re: Can I finance a new home abroad (Carribean)???

This would be a "don't fast forward" moment. Rent until "the time" when you can move there or spend more time there. Too many issues with it sitting empty much of the year. I go over these scenarios (as they are fun), but they don't make sense when you can go there and rent when you have time to go...
by ElmoHongZito
Tue Jul 03, 2018 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4676

Re: Can I finance a new home abroad (Carribean)???

gwe67 wrote:
Tue Jul 03, 2018 9:00 pm
In April you told us you had $700k sitting in a bank account. No need to borrow money, then.
I am not comfortable purchasing a home cash and much less in another country. Got too little ones at home a large amount of my liquidity to that amount of risk I don’t think is a smart decision.
by ElmoHongZito
Tue Jul 03, 2018 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4676

Re: Can I finance a new home abroad (Carribean)???

Assuming you have a home in the US, why not do a cash out finance on it and use the proceeds for your Dominican home. Is it possible to insure a home there? What happens if it gets wiped out by a hurricane? I'm not sure I'd want to purchase anything there I couldn't afford a 100% loss on. By “cash ...
by ElmoHongZito
Tue Jul 03, 2018 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4676

Can I finance a new home abroad (Carribean)???

I am hoping I can get some direction on this subject. I am really interested in owning a home in the Dominican Republic which can one day be my retirement home or perhaps a home I can go back and forth to during retirement. That being said I would really like to know if there are any options for me ...
by ElmoHongZito
Fri Jun 22, 2018 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Helping mom with inheritance. Help!
Replies: 13
Views: 1597

Re: Helping mom with inheritance. Help!

The options recommended so far are: 1) SPIA of the full amount, yields around $413 per month of income with complete loss of capital. 2) SPIA of partial amount, invest the remainder appropriately. An SPIA of $40,000 yields $206 per month with 50% loss of capital. 3) Invest entirety in appropriate i...
by ElmoHongZito
Wed Jun 20, 2018 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: Helping mom with inheritance. Help!
Replies: 13
Views: 1597

Helping mom with inheritance. Help!

My mother of 65 years old will be recieving a small inheritance of 80k. I would really like some guidance on how she can invest a portion of it and rebalance every so often so that it lasts her as long as possible. I am assuming that any capital gains she would earn will not be taxed based on her ve...
by ElmoHongZito
Tue May 29, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12082

Re: 36 yr old BH Newbie with substantial savings- Help!!!

The question is, is your wife's tIRA deductible? That depends on your MFJ Modified Adjusted Gross Income. If it's not deductible, you will in effect have payed income tax on that money, and when she takes a distribution, it will be taxed again! If it is not deductible, you should convert it to a Ro...
by ElmoHongZito
Tue May 29, 2018 8:47 am
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12082

Re: 36 yr old BH Newbie with substantial savings- Help!!!

The question is, is your wife's tIRA deductible? That depends on your MFJ Modified Adjusted Gross Income. If it's not deductible, you will in effect have payed income tax on that money, and when she takes a distribution, it will be taxed again! If it is not deductible, you should convert it to a Ro...
by ElmoHongZito
Tue May 29, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12082

Re: 36 yr old BH Newbie with substantial savings- Help!!!

The only observation I would add to the wealth of thoughtful advice already offered pertains to your managed account. If 35% of a $200,000 account ($70,000) is spread across 46 different stocks, this seems like a lot of relatively small positions (in the context of your total portfolio), and unless...
by ElmoHongZito
Sun May 27, 2018 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12082

Re: 36 yr old BH Newbie with substantial savings- Help!!!

Do you have low expense ratio 401k options, especially total bond fund? How about your wife? Does your 401k accept IRA transfers? Do you have an HSA? If you have low ER options in 401k, then transfer IRA to your 401k. Max out your 401k and wife’s 403b. Once IRA is cleared, do Backdoor Roth for you ...
by ElmoHongZito
Sun May 27, 2018 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12082

Re: 36 yr old BH Newbie with substantial savings- Help!!!

Do you have low expense ratio 401k options, especially total bond fund? How about your wife? Does your 401k accept IRA transfers? Do you have an HSA? If you have low ER options in 401k, then transfer IRA to your 401k. Max out your 401k and wife’s 403b. Once IRA is cleared, do Backdoor Roth for you ...