Search found 329 matches

by bradpevans
Wed Oct 17, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: When to TLH?
Replies: 11
Views: 1168

Re: When to TLH?

28fe6 wrote:
Tue Oct 16, 2018 10:28 pm
If I'm in the 12% bracket, and thus LTCG exempt, can I still TLH?
Tax loss against INCOME is usually preferable to tax loss against gains (depending on rates of course)

Either way, you eventually will pay gains against the now lower basis
by bradpevans
Wed Oct 17, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Determining the "Better Buy"
Replies: 4
Views: 310

Re: Determining the "Better Buy"

This is not a market timing question. I repeat, this is not a market timing question. I max Roth, I max 401K, i invest any remainder in my taxable account according to my 60/40 US/Int'l allocation (US is best/cheapest fun in 401, so I balance as needed in taxable and/or Roth). My question is, based...
by bradpevans
Thu Oct 11, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Pension terminated .. have options
Replies: 28
Views: 3536

Re: Lump sump vs Pension at 5% compound

Hi my company has terminated my the pension. I have 18 years until I can retire. The options are: 1) to either leave it as is (currently $70,000)and collect 5% compound interest which would be $160,000 when I'm eligible to retire (this would be given to an insurance company). 2) Or Take lump sump (...
by bradpevans
Thu Oct 11, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on a large Roth conversion if we have a 30-40% correction.
Replies: 22
Views: 2328

Re: Opinions on a large Roth conversion if we have a 30-40% correction.

I am asking for opinions on if it is a good idea in the long run to do a one time large traditional to Roth conversion if markets tank. Currently have 1.3 million in a traditional and wife has 800,000 in her traditional. Age is 61 and 60, drawing a pension that covers all our expenses. 2 children i...
by bradpevans
Tue Oct 02, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Feeling wobbly
Replies: 14
Views: 1444

Re: Feeling wobbly

Hello all: I'm 64 and working parttime. Until recently I had my retirement assets in just 3 funds. VTI, VXUS and AGG. My allocation was 40% in Bonds (AGG) and 60% in Equities, split 40% in VTI (domestic) and 20% in VXUS (Intl.) 3 funds and quite simple. About 6 months ago my wife and I hired a fina...
by bradpevans
Tue Oct 02, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds... Why do people bother with them. ?
Replies: 71
Views: 7334

Re: Bonds... Why do people bother with them. ?

How many people on here were 100% stocks in 2008? I was 100% stocks through the dot bomb and through the financial crisis. I added a modest fixed income allocated two years ago. My story is similar. I am 52 and in the *accumulation* stage. If stocks go up, my old shares are now worth more. If share...
by bradpevans
Mon Oct 01, 2018 3:40 pm
Forum: Personal Consumer Issues
Topic: New Homeowners - Paint first or fix hard wood floors first?
Replies: 15
Views: 1233

Re: New Homeowners - Paint first or fix hard wood floors first?

As the title says. We just bought a home and are looking to fix up some of the stuff to our liking. Now we going to paint all the rooms and fix the hardwood floors. The question is what do we start off with first? Floors or painting? Do you have baseboard trim? you can do a nicer / easier job on th...
by bradpevans
Sat Sep 29, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Pay extra on mortage if I'm already maxing 401k and Roth?
Replies: 16
Views: 2278

Re: Pay extra on mortage if I'm already maxing 401k and Roth?

I would open a taxable account and continue investing. This is what I do. I also recommend that if someone feels like doing something about the mortgage payment, just round up the payment to the nearest $10, $25 or $50 to scratch the mortgage paydown itch. This IS exactly what I do. 25.05 extra pri...
by bradpevans
Fri Sep 28, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Pay extra on mortage if I'm already maxing 401k and Roth?
Replies: 16
Views: 2278

Re: Pay extra on mortage if I'm already maxing 401k and Roth?

Hello all, I'll make this short and sweet. I already max my 401k and Roth contributions. I have a fully funded emergency fund as well. Is it smart to now send any extra funds towards my mortgage at this point? The mortgage is my only debt, and I owe 127k on it. 3.75% interest rate. 12 years left if...
by bradpevans
Thu Sep 27, 2018 6:00 pm
Forum: Investing - Theory, News & General
Topic: Converting rollover to Roth versus harvesting capital gains
Replies: 12
Views: 772

Re: Converting rollover to Roth versus harvesting capital gains

I am looking for financial planning and tax strategy help. I plan to stop working sometime in 2019 and do not expect to receive any employment income starting in 2020. Single tax filer, born in 1960. I plan to delay my social security until at least 2030, at which point I might receive $35,000 / ye...
by bradpevans
Thu Sep 27, 2018 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Why does rebalancing a 50/50 SP500/EAFE mix appear to increase return relative to an unrebalanced 50/50 mix?
Replies: 6
Views: 675

Re: Why does rebalancing a 50/50 SP500/EAFE mix appear to increase return relative to an unrebalanced 50/50 mix?

Hi first post here :) I'm 25, new to investing, and strongly believe in low-fee indexing. I've read William Bernstein's Intelligent Asset Allocator (2001) and am now reading his Four Pillars of Investing (2002). In the latter, p. 119, Bernstein writes: "Had you rebalanced a 50/50 S&P 500/EAFE [resp...
by bradpevans
Thu Sep 27, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: What to consider when selling company RSUs
Replies: 17
Views: 1705

Re: What to consider when selling company RSUs

General advice would be to sell right at vesting (essentially zero taxes beyond the ones collected at vesting). You might keep long term IF that stock fits your AA / risk tolerance. Once you are are 9-10 months it may make sense to wait for LTCG to kick in. Note you only owe on the *gain* since vest...
by bradpevans
Thu Sep 27, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: Am I the only one...[using multiple accounts]
Replies: 27
Views: 1363

Re: Am I the only one...

money is fungible...you're fine
by bradpevans
Wed Sep 26, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to payoff my HELOC?
Replies: 9
Views: 819

Re: Does it make sense to payoff my HELOC?

Will your HELOC be available when you sell your current house?
by bradpevans
Wed Sep 26, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Testing validity of Monte Carlo Simulators
Replies: 34
Views: 2123

Re: Testing validity of Monte Carlo Simulators

I guess I should clarify. Since I know none of us can come back from the dead and tell us what was left the day they departed, what I was getting at was...if you are already retired, how close (or not) did the simulators come to predicting your actual situation (to date). Does that make sense? I do...
by bradpevans
Tue Sep 25, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Highly Compensated Employee - better to get paid $119k than $121k?
Replies: 8
Views: 2295

Re: Highly Compensated Employee - better to get paid $119k than $121k?

Most who hit 55K are either self employed
Or do 18.5 regular pre tax and then the rest by way if after tax 401k. The 55k does include employer match
by bradpevans
Mon Sep 24, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Any reason to leave the 401(k) with previous employer open
Replies: 25
Views: 2558

Re: Any reason to leave the 401(k) with previous employer open

I roll to IRA - but my motivation is broader menu of investments, which is not typical for this forum
by bradpevans
Sun Sep 23, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: For those who use a 2 year cash(like) buffer, how do you know when to use it?
Replies: 67
Views: 5562

Re: For those who use a 2 year cash(like) buffer, how do you know when to use it?

I think the best way to make my point is look at the article and you see that the 100% equity glide path almost does as well as the upward sloping glide paths. I get a very different takeaway from the article. Maybe it depends on your definition of "almost does as well". If you look at the table ju...
by bradpevans
Sun Sep 23, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on track for retirement? Also: Simplify? Optimize?
Replies: 7
Views: 1413

Re: Am I on track for retirement? Also: Simplify? Optimize?

I think some concepts are confused Sequence of risk is only relevant when you are no longer adding money and/or withdrawing. In accumulating its nit relevant Tax loss harvest is only applicable in taxable. Just watch auto reinvest in other accounts (many hear direct dividend to a money market to avo...
by bradpevans
Sun Sep 23, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Credit score impact of high card balance
Replies: 6
Views: 411

Re: Credit score impact of high card balance

I recently made a high (for me) purchase on a credit card. Would there be any advantage to making a payment early before the statement date so that the utilization rate was lower at the end of the statement period? Example: Suppose I had a card with a credit limit of $10,000 and typically had month...
by bradpevans
Sun Sep 23, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Funding a Roth IRA for 60+ Years
Replies: 7
Views: 1130

Re: Funding a Roth IRA for 60+ Years

Hello- First time poster and a bit intimidated, but I'm thankful for all the great info that I have learn thus far. My wife and I are in a fortunate position and I do not anticipate requiring our Roth IRA's to fund our retirements. I am in my 40's now and I believe we will be able to pass our Roth ...
by bradpevans
Sun Sep 23, 2018 8:06 am
Forum: Investing - Theory, News & General
Topic: For those who use a 2 year cash(like) buffer, how do you know when to use it?
Replies: 67
Views: 5562

Re: For those who use a 2 year cash(like) buffer, how do you know when to use it?

I think the best way to make my point is look at the article and you see that the 100% equity glide path almost does as well as the upward sloping glide paths. I get a very different takeaway from the article. Maybe it depends on your definition of "almost does as well". If you look at the table ju...
by bradpevans
Sat Sep 22, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Delaying SS? How Long It Will Take for It to Pay Off?
Replies: 53
Views: 5287

Re: Delaying SS? How Long It Will Take for It to Pay Off?

But the decision [when to start SS benefits] should be made separately for each year. There's nothing special about one year. [1] The diagonal in the following table shows the one-year breakevens. But the table also shows the other combinations of yearly commencement of benefits. For example the br...
by bradpevans
Sat Sep 22, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Home Equity Line of Credit, keep or close?
Replies: 5
Views: 346

Re: Home Equity Line of Credit, keep or close?

You might offer them less and see if they bite

FWIW, my credit union HELOC has no fees
by bradpevans
Fri Sep 21, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring at 55 - regular 401k vs. ROTH 401k....which?
Replies: 10
Views: 1127

Re: Retiring at 55 - regular 401k vs. ROTH 401k....which?

Many plans allow you to withdraw (401) money without penalty before 59.5 IF you in fact retire from that company after age 55. You will want to know for certainty what the rules are in your case. That's not a plan thing. They can't allow withdrawing before 59-1/2 unless you have stopped working the...
by bradpevans
Fri Sep 21, 2018 4:54 pm
Forum: Investing - Theory, News & General
Topic: Allocating 1/3 of Investable Assets to Roth Accounts
Replies: 35
Views: 2099

Re: Allocating 1/3 of Investable Assets to Roth Accounts

can someone explain to me why this should be a goal, or if it is based of some previous research? they are advocating 1/2 allocation to Roth in employer plan accounts and Roth conversions during working years for high income professionals. and contributing more during down market years still doesnt...
by bradpevans
Fri Sep 21, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: For those who use a 2 year cash(like) buffer, how do you know when to use it?
Replies: 67
Views: 5562

Re: For those who use a 2 year cash(like) buffer, how do you know when to use it?

I'm still in accumulation phase but thinking about the cash buffer/bucket for a market downturn. Those that have this buffer and retired and withdrawing, do you: 1. Draw from your equities (keeping AA intact)until the market reaches a certain percent below its high? What percentage, 10 or wait for ...
by bradpevans
Fri Sep 21, 2018 5:39 am
Forum: Personal Finance (Not Investing)
Topic: Pay-off or keep mortgage with 2018 interest deduction changes?
Replies: 17
Views: 1669

Re: Pay-off or keep mortgage with 2018 interest deduction changes?

We have an outstanding mortgage of approximately $325,000 at 3.5% by choice. we could pay off the mortgage but have chosen to invest the "extra" $325,000 with the belief that we can obtain a greater return than 2.66% So do you believe that you can obtain a greater return than 3.5% ? If so, then not...
by bradpevans
Thu Sep 20, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401k or Traditional?
Replies: 21
Views: 1378

Re: Roth 401k or Traditional?

Roth vs. Traditional is largely a matter of "tax rate in vs. tax rate out" Traditional "saves" you that rate now, but you "pay" some rate to get the money out. Roth you "pay" your (known) rate now, but you never pay again. For most, the traditional is better due to progressive tax rates: you "save" ...
by bradpevans
Thu Sep 20, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring at 55 - regular 401k vs. ROTH 401k....which?
Replies: 10
Views: 1127

Re: Retiring at 55 - regular 401k vs. ROTH 401k....which?

My company has us setup in a regular 401k with mass-mutual by default (with a 3% match). It looks like they also have a Roth 401k available. 1) Would my best bet be to put everything into the Roth 401k, then when I retire at 55, roll it into my M1 or Vanguard Roth IRA account to be able to draw fro...
by bradpevans
Thu Sep 20, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage vs investing?
Replies: 20
Views: 2071

Re: Paying off mortgage vs investing?

Pre-paying a mortgage pros: - Savings on interest payments. Reduces total cost of ownership for the house. - Frees up cash flow after the house is PAID OFF. - Feels really good psychologically. It is much more difficult to go bankrupt if you don't owe anybody any money. - A mortgage is like a bond ...
by bradpevans
Thu Sep 20, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Automated Roth in plan conversions better than Mega Backdoor to Roth IRA?
Replies: 7
Views: 564

Re: Automated Roth in plan conversions better than Mega Backdoor to Roth IRA?

Hi all, I've been mulling doing a mega backdoor Roth for awhile (https://www.bogleheads.org/forum/viewtopic.php?f=1&t=257494&p=4088813#p4088813). I'm one of the lucky ones who's 401k plans include after-tax contributions, in-service transfers, no fees on transfers, and no limit on transfers. Today ...
by bradpevans
Thu Sep 20, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Question on 401k After-Tax Conversion vs Savings
Replies: 6
Views: 329

Re: Question on 401k After-Tax Conversion vs Savings

I essentially had the same question several months ago, and that search led me to this forum! The closer you are to retiring and the more money you *already* have in taxable, the more the Roth makes sense. You give up Tax Loss Harvest (which is over-rated IMO), Tax Gain Harvest (under-rated, especi...
by bradpevans
Thu Sep 20, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Physical Banking - Any benefits anymore?
Replies: 139
Views: 8729

Re: Physical Banking - Any benefits anymore?

I have a local credit union. Most of the time its direct deposit / phone deposit. But i have been able to: quickly get a Line of Credit (for overdraft protection) call a person to get a few checks printed as well as other things because the know me fees are low / zero depending on account set up. 50...
by bradpevans
Thu Sep 20, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Question on 401k After-Tax Conversion vs Savings
Replies: 6
Views: 329

Re: Question on 401k After-Tax Conversion vs Savings

Hi, My 401k allows after-tax contributions that can then be converted to the plan's "Roth In-Plan Conversion" space (different from contributions to the plan's Roth 401k). Earlier this year I converted about $7k of existing long-ago after-tax contributions. I have very little in Roths right now, be...
by bradpevans
Wed Sep 19, 2018 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Another mortgage repayment thread..
Replies: 30
Views: 2355

Re: Another mortgage repayment thread..

At 2.75 I would not. Pay it off with future dollars. Keep invested
by bradpevans
Wed Sep 19, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Should we temporarily reduce our retirement contributions in order to pay off our $400k mortgage in 7 years?
Replies: 83
Views: 7460

Re: Should we temporarily reduce our retirement contributions in order to pay off our $400k mortgage in 7 years?

Nope

I look at it this way: if you invest that many will grow and grow and grow, possibly doubling every 7-10 years. The third doubling and fourth doubling are a lot bigger impact than the first or second. The sooner it’s invested....
by bradpevans
Wed Sep 19, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: What's the best early retirement strategy for us?
Replies: 39
Views: 3186

Re: What's the best early retirement strategy for us?

Refinance and drop the 5.875% to a lower percent.

the best route here is to go into mega-savings mode ... asap
by bradpevans
Tue Sep 18, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 45
Views: 2723

Re: Bank of America credit card “feature” (be careful with autopay)

Huge autopay fan

I have to imagine the number of people on this forum that carry a balance is near zero

So why not have autopay full balance set up on every card
by bradpevans
Tue Sep 18, 2018 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Employer/Plan Limit on 401K Contributions
Replies: 10
Views: 540

Re: Employer/Plan Limit on 401K Contributions

I discovered my SO employer has a contribution limit of 25% per pay period. With that limit, she is about $1500 under the IRS yearly limit of $18,500. Is this normal for a plan to impose limits on employees? If so, it frustrates me that an employee doesn't have the ability to max out if they so des...
by bradpevans
Mon Sep 17, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Delaying SS? How Long It Will Take for It to Pay Off?
Replies: 53
Views: 5287

Re: Delaying SS? How Long It Will Take for It to Pay Off?

My numbers ignoring inflation/COLA increases: Age 62 to age 70: $198,144 Age 62 to age 80: $445,824 Age 70 to age 80: $435,240 The crossover is indeed a bit over age 80. 80.5 looks about right. I've never bothered to model the return on that $198,144. If you assume an after-inflation, after-tax 3% ...
by bradpevans
Mon Sep 17, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Pay large medical bills - cash or HSA?
Replies: 8
Views: 550

Re: Pay large medical bills - cash or HSA?

Use your HSA, thats the point. Many on here use their HSA as a backdoor tax advantaged investment account and you can do that too but it only makes sense if you've already maxed out your 401k and roth. you can use your HSA *later*, you don't have to submit the expenses right now. i.e. let your HSA ...
by bradpevans
Mon Sep 17, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security Until 70
Replies: 115
Views: 9377

Re: Delaying Social Security Until 70

2. Some do the math and (with justification) conclude earlier is better I believe that we are going to be in this category. We'll be bridging the gap between punching out and filing for SS by drawing on our 401k / tIRA accounts, and my math seems to indicate that there is a "sweet spot" between spe...
by bradpevans
Sat Sep 15, 2018 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: When to Tap Into SS
Replies: 14
Views: 1704

Re: When to Tap Into SS

If you need the money then sooner

If you expect to live to 94 then later

Delaying might leave more room for Roth Conversion if thst is in the cards
by bradpevans
Fri Sep 14, 2018 9:16 am
Forum: Investing - Theory, News & General
Topic: Pension alternatives
Replies: 41
Views: 3333

Re: Pension alternatives

We'll be buying an SPIA. Easy and relatively safe. We'll probably use about 25% of our savings. Together with SS that should cover our basic expenses. Another vote for SPIA in lieu of a pension. Much more stable / less complicated than real estate. Real estate does offer the potential for much high...
by bradpevans
Fri Sep 14, 2018 7:29 am
Forum: Investing - Theory, News & General
Topic: Pension alternatives
Replies: 41
Views: 3333

Re: Pension alternatives

We'll be buying an SPIA. Easy and relatively safe. We'll probably use about 25% of our savings. Together with SS that should cover our basic expenses. Another vote for SPIA in lieu of a pension. Much more stable / less complicated than real estate. Real estate does offer the potential for much high...
by bradpevans
Thu Sep 13, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: Argument for taking social security before 70. Comments?
Replies: 134
Views: 10170

Re: Argument for taking social security before 70. Comments?

I don't know if the calculations included any investment returns. Ignoring that (i.e. put all your SS money under the pillow), ... Since SS benefits are inflation-indexed, to not "include any investment returns" is not the same as to "put all your SS money under the pillow". The latter would repres...
by bradpevans
Wed Sep 12, 2018 11:46 pm
Forum: Investing - Theory, News & General
Topic: Argument for taking social security before 70. Comments?
Replies: 134
Views: 10170

Re: Argument for taking social security before 70. Comments?

My calculated break even at 66 vs 70 came out to 82 yrs and 68 vs 70 breakeven was 95. So I'll probably cut the difference and retire at 67 :) My suspician is that you need to check your math, unless what you're doing simply escapes me - granted, I have not crunched any of the numbers, but what you...
by bradpevans
Wed Sep 12, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Mega backdoor roth vs Keeping company issued stock
Replies: 9
Views: 580

Re: Mega backdoor roth vs Keeping company issued stock

Once RSU's vest, that $ value is yours, it just happens to be in company stock. Roughly, for every $100 in value, upon vesting, you have ~ $61 remaining. The taxes have been paid on your behalf (and will be reflected at W2 time) So, it's "like" a bonus check, taxed down to 61%. If you like the compa...