Search found 41 matches

by robindbee
Sat May 23, 2020 3:15 pm
Forum: Personal Investments
Topic: Re-balance advice; portfolio review; general insight
Replies: 6
Views: 536

Re: Re-balance advice; portfolio review; general insight

Bumping, if ok: I am 66 yo and collect $22K annually from SS. My living expenses are low. I have been retired since 2018. I need help re-balancing and a plan going forward bc I'm moving funds within my Roth and Reg IRA around too much and don't have a plan of withdrawal other than using MM funds whe...
by robindbee
Fri May 22, 2020 4:56 pm
Forum: Personal Investments
Topic: Re-balance advice; portfolio review; general insight
Replies: 6
Views: 536

Re-balance advice; portfolio review; general insight

I am 66 yo and collect $22K annually from SS. My living expenses are low. I have been retired since 2018. I need help re-balancing and a plan going forward bc I'm moving funds within my Roth and Reg IRA around too much and don't have a plan of withdrawal other than using MM funds when I need to supp...
by robindbee
Tue Mar 24, 2020 2:20 pm
Forum: Personal Investments
Topic: How to fix over-contribution to Roth using Vg web site
Replies: 10
Views: 308

Re: How to fix over-contribution to Roth using Vg web site

oh, and I called after five when i figured it wouldn't be horribly busy, so it took effect next day.
by robindbee
Tue Mar 24, 2020 2:19 pm
Forum: Personal Investments
Topic: How to fix over-contribution to Roth using Vg web site
Replies: 10
Views: 308

Re: How to fix over-contribution to Roth using Vg web site

I was on hold for a very long time but put phone on speaker and lived my life until someone picked up; when they finally did, very very helpful. This was middle of last week. HTH!
by robindbee
Mon Mar 23, 2020 3:49 pm
Forum: Personal Investments
Topic: How to fix over-contribution to Roth using Vg web site
Replies: 10
Views: 308

Re: How to fix over-contribution to Roth using Vg web site

I just did this using Turbo Tax; called VG, and they walked me through it on the phone, signed and everything. Just one phone call, about 10 minutes.
by robindbee
Mon Mar 23, 2020 2:27 pm
Forum: Personal Investments
Topic: Retain Total Bond Index or find something safer??
Replies: 3
Views: 484

Retain Total Bond Index or find something safer??

I forgot to add to original post from Sunday: I am already retired one year; 66 yo; SS monthly covering all expenses (rent stabilized apt w all utilities included; adult daughter living w me and paying half expenses); have about $100K totally safe w TIAA Guaranteed; abt $200K VG Total Bond (in my tr...
by robindbee
Mon Mar 23, 2020 2:25 pm
Forum: Personal Investments
Topic: exchange VG Total Bond in my Regular IRA to VG NY Muni MM?
Replies: 7
Views: 343

Retain VG Total Bond Index or think about elsewhere?

I forgot to add to original post from Sunday: I am already retired one year; 66 yo; SS monthly covering all expenses (rent stabilized apt w all utilities included; adult daughter living w me and paying half expenses); have about $100K totally safe w TIAA Guaranteed; abt $200K VG Total Bond (in my tr...
by robindbee
Sun Mar 22, 2020 2:11 pm
Forum: Personal Investments
Topic: exchange VG Total Bond in my Regular IRA to VG NY Muni MM?
Replies: 7
Views: 343

exchange VG Total Bond in my Regular IRA to VG NY Muni MM?

My VG Total Bond in my regular IRA fund seems to be losing money. Does it make sense to exchange some (half?) to VG NY Muni MM which shows a 2.23% compound yield? This is disclaimer when I went to do it: Warning: You're purchasing either a municipal bond fund or a tax-managed stock fund in your reti...
by robindbee
Mon Nov 04, 2019 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendation for NYC CPA (Manhattan)
Replies: 0
Views: 279

Recommendation for NYC CPA (Manhattan)

Hi, Does anyone have a CPA specializing in the concerns of senior age/retired people? I have tax questions, Roth conversion questions, and questions about which funds to draw down first in regard to tax consequences. Is there one person (or person within a firm) that you could refer; ideally have al...
by robindbee
Wed Oct 09, 2019 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Psychologically adverse to start drawing down in retirement
Replies: 82
Views: 8883

Re: Psychologically adverse to start drawing down in retirement

And I'm going to sit down and spend time with this: VPW Accumulation And Retirement Worksheet, it appears it will very helpful. ALL of the thread, links, etc., you guys post are again, very helpful!!
by robindbee
Wed Oct 09, 2019 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Psychologically adverse to start drawing down in retirement
Replies: 82
Views: 8883

Re: Psychologically adverse to start drawing down in retirement

Thanks again for all responses, it is very reassuring to see other people struggle with this....Yes, yes, it is AVERSE !! I don't worry about eating cat food but I do worry about the amount of time I spend sort of obsessing/ruminating over my finances in retirement. I tend to be neurotic and over th...
by robindbee
Sun Oct 06, 2019 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Psychologically adverse to start drawing down in retirement
Replies: 82
Views: 8883

Re: Psychologically adverse to start drawing down in retirement

Thank you all for your thoughtful responses, much appreciated, and for directing me to other helpful threads.

Robin
by robindbee
Sun Oct 06, 2019 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Psychologically adverse to start drawing down in retirement
Replies: 82
Views: 8883

Re: Psychologically adverse to start drawing down in retirement

Btw, MikeG7, that was a great thread for me to read, thanks!
by robindbee
Sun Oct 06, 2019 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Psychologically adverse to start drawing down in retirement
Replies: 82
Views: 8883

Re: Psychologically adverse to start drawing down in retirement

Littlebird, I have been thinking a lot about that too. If I annutized my Tia Trad it would pretty much meet the gap between SS and what I need annually; but again, another psychological dilemma, giving up that large of a sum of money! I think I overthink and am pretty neurotic in general LOL
by robindbee
Sun Oct 06, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Psychologically adverse to start drawing down in retirement
Replies: 82
Views: 8883

Re: Psychologically adverse to start drawing down in retirement

sport wrote: ↑Sun Oct 06, 2019 3:45 pm If you have a taxable account, you should discontinue any reinvestments of distributions. Having such distributions sent to your checking account (or MM fund) will provide some "painless" withdrawals for living expenses." +1 When I retired, I changed the divid...
by robindbee
Sun Oct 06, 2019 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Psychologically adverse to start drawing down in retirement
Replies: 82
Views: 8883

Psychologically adverse to start drawing down in retirement

Does anyone have this issue? My retirement portfolio is at a certain "number" which is very pleasing and reassuring to me. I'm good to draw down from my portfolio at 3.5-4% for next 30 years. I retired a year ago and have been using other money to live until my SS kicks in next month. I'm FRA 66 yea...
by robindbee
Sat Sep 28, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance for Retirees
Replies: 62
Views: 5320

Re: Dental Insurance for Retirees

But you have to be a government employee, no?
by robindbee
Sat Sep 21, 2019 12:47 pm
Forum: Personal Investments
Topic: Recommendations Needed for Flat Rate Fee only Fiduciary Advisor
Replies: 8
Views: 786

Re: Recommendations Needed for Flat Rate Fee only Fiduciary Advisor

Following this because I would like to find the same thing, based in NYC. How do you find, without any personal recommendations?
by robindbee
Sat Sep 21, 2019 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance for Retirees
Replies: 62
Views: 5320

Re: Dental Insurance for Retirees

So many options and POV! Yes, I meant my plan is a Medicare Advantage Plan, not original Medicare. It has (basic) vision coverage and the 2 cleanings mentioned. I also have high myopia and always have to end up paying a lot for my contacts and glasses; I used Costco Vision services which are very af...
by robindbee
Fri Sep 20, 2019 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance for Retirees
Replies: 62
Views: 5320

Re: Dental Insurance for Retirees

I have AARP Medicaid Managed Care Mosaic plan and they cover 2 cleanings per year. I find this to be a good Advantage plan for me bc all my doctors here in NYC accept it; my preferred hospital (Weill Cornell) accepts it, and there is zero monthly premium to pay. They use Optum for drugs and the 3 RX...
by robindbee
Fri Sep 20, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance for Retirees
Replies: 62
Views: 5320

Re: Dental Insurance for Retirees

LOL. But what do you use for dental costs then? What are alternatives?
by robindbee
Fri Sep 20, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance for Retirees
Replies: 62
Views: 5320

Dental Insurance for Retirees

This is my first year of retirement. I've used my two free Medicare cleanings I'm entitled to, and now need to choose some sort of plan. Any suggestions? I've been looking at dental insurance and then the flat rate, discounted plans. What has worked best for you? I'm in NYC and my regular dentist on...
by robindbee
Wed Sep 18, 2019 6:48 pm
Forum: Personal Investments
Topic: Portfolio review/ advice welcome
Replies: 2
Views: 564

Re: Portfolio review/ advice welcome

Thank you for response. Question: Why would I do this?
"Take a transfer payment option for the TIAA Traditional to transfer the money over several years to a rollover IRA."
I consider the Trad as my 'bond' fund and like the 3% guarantee. What would be benefit in moving?
by robindbee
Tue Sep 17, 2019 6:53 pm
Forum: Personal Investments
Topic: Portfolio review/ advice welcome
Replies: 2
Views: 564

Portfolio review/ advice welcome

Portfolio Review? I am 66 woman, adult daughter, recent retired social worker, single HoH, 12% Fed tax bracket , beginning SS 10/2019 {approx $23K annually}, need approx $18K drawdown from portfolio {about 3.5% per year} which includes all living expenses-- stabilized rent/ins/travel/ medical/ etc. ...
by robindbee
Sun Sep 15, 2019 9:38 pm
Forum: Personal Investments
Topic: comparing expenses
Replies: 7
Views: 608

Re: comparing expenses

duckie :happy
by robindbee
Sun Sep 15, 2019 8:19 pm
Forum: Personal Investments
Topic: comparing expenses
Replies: 7
Views: 608

Re: comparing expenses

"Rough comparison here by using VTSMX and a 0.52% annual withdrawal. 1993-present $10K turned into $96,904 vs. $110,972."


So are you saying there is an approx $14000 difference? VG is the $96k and Tiaa $110K?
by robindbee
Sun Sep 15, 2019 7:57 pm
Forum: Personal Investments
Topic: comparing expenses
Replies: 7
Views: 608

comparing expenses

Is it possible to see the difference of a VG Total Stock Market expense .04% -V- Tiaa Cref Stock Account R1 of 0.56% of $100,000 over a 10 yr period?
I hope I did this correctly. Thanks!
by robindbee
Sun Aug 18, 2019 8:57 pm
Forum: Personal Investments
Topic: Portfolio OK but need advice about closing yearly income gap from age 66 to RMD time
Replies: 12
Views: 1255

Re: Portfolio OK but need advice about closing yearly income gap from age 66 to RMD time

I just wrote an incredibly long and detailed response to all of your wonderful ideas and it appears to have been eaten! I can't find it on this thread. Does this happen often?
by robindbee
Sun Aug 18, 2019 8:50 pm
Forum: Personal Investments
Topic: Portfolio OK but need advice about closing yearly income gap from age 66 to RMD time
Replies: 12
Views: 1255

Re: Portfolio OK but need advice about closing yearly income gap from age 66 to RMD time

Oh, and it's just me. I was a single mother by choice and have never been married. There is no other person for fall back, it's all me! My 23 yo daughter has moved back in w me after college and has started her first job, and she is paying me half of (my very low rent).
by robindbee
Sun Aug 18, 2019 3:55 pm
Forum: Personal Investments
Topic: Prudential Premier Retirement B / HDI v3.0 Annuity
Replies: 13
Views: 838

Re: Prudential Premier Retirement B / HDI v3.0 Annuity

"Is this a Roth IRA?"

Yes. And 'broker/friend' IKR? :)
by robindbee
Sun Aug 18, 2019 3:24 pm
Forum: Personal Investments
Topic: Portfolio OK but need advice about closing yearly income gap from age 66 to RMD time
Replies: 12
Views: 1255

Portfolio OK but need advice about closing yearly income gap from age 66 to RMD time

66yo Single female, 1 adult daughter SS (beginning Oct. 19) $22000 year Tiaa Guaranteed : $288K total ( 77% or $222K Guaranteed 24% or $66K Equity Stock Fund ) Vanguard: $104K Qualified in MM (parked there, and question is where to invest it to make up approx $20K yr shortfall until RMD time) $53K W...
by robindbee
Sun Aug 18, 2019 1:33 pm
Forum: Personal Investments
Topic: Prudential Premier Retirement B / HDI v3.0 Annuity
Replies: 13
Views: 838

Prudential Premier Retirement B / HDI v3.0 Annuity

Hi, quick question: Does anyone here have any direct experience with this product? I am going to post a full portfolio review when I have all my info gathered but a broker friend suggested this for $100K I have sitting in Vanguard Prime MM (as Roth). Thanks. Prudential Premier Retirement B / HDI v3....
by robindbee
Wed Jan 23, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: HSBC Bonus offer $350 for $10000?
Replies: 6
Views: 724

Re: HSBC Bonus offer $350 for $10000?

wow. i just went to Doctor of Credit page/Reddit/ along w prior threads here etc. for these new bank and new CC bonus offers and THERE IS SO MUCH TO READ AND DIGEST. ACK!! I now feel paralyzed lol. How do you compare/contract/make best choice, etc., without devoting all your free time to this? I'm b...
by robindbee
Wed Jan 23, 2019 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: HSBC Bonus offer $350 for $10000?
Replies: 6
Views: 724

HSBC Bonus offer $350 for $10000?

Hi, I have some cash and I'm wondering if I'm missing anything is these bank offers? HSBC $10K deposit w $350 bonus? I think you need to leave in account for 3 months (?) which is not a problem. Has to be new money, also not problem. Am I missing anything? Seems to good to be true. Thanks for opinio...
by robindbee
Sun Jan 20, 2019 5:53 pm
Forum: Personal Investments
Topic: Brand new here, what to do with $50K cash right now
Replies: 12
Views: 1947

Re: Brand new here, what to do with $50K cash right now

Can the underlined/bold parts of reply be explained? Thank you! Rather than which bucket, perhaps pick the combo that would give you an even amount with what you expect after age 70. If you will be in 12% bracket, then perhaps choose money from sources that will also bring you near top of, but not a...
by robindbee
Sun Jan 20, 2019 2:52 pm
Forum: Personal Investments
Topic: Brand new here, what to do with $50K cash right now
Replies: 12
Views: 1947

Re: Brand new here, what to do with $50K cash right now

Where do you advise I keep $50K cash? Since sale was taxable event, I'm going to be paying taxes from sale in 2019 and I don't want to stash it anywhere where I'll again be taxed on withdrawal but I don't think having $50K in MM account or under my mattress makes sense or does it? If my 2019 tax rat...
by robindbee
Sun Jan 20, 2019 1:51 pm
Forum: Personal Investments
Topic: Brand new here, what to do with $50K cash right now
Replies: 12
Views: 1947

Re: Brand new here, what to do with $50K cash right now

Rather than which bucket, perhaps pick the combo that would give you an even amount with what you expect after age 70. If you will be in 12% bracket, then perhaps choose money from sources that will also bring you near top of, but not above 12% bracket. The first amount is 0%, the amount of your st...
by robindbee
Sat Jan 19, 2019 7:32 pm
Forum: Personal Investments
Topic: Brand new here, what to do with $50K cash right now
Replies: 12
Views: 1947

Re: Brand new here, what to do with $50K cash right now

I would probably pick option #2 if it was me (CD ladder) to make it easier to use as income if needed. Maybe this is part of larger question and opinions are welcome! I was planning on beginning my SS at age 66 (10/2019) If I used the $50 k cash I have now to live frugally, and defer beginning SS t...
by robindbee
Sat Jan 19, 2019 7:15 pm
Forum: Personal Investments
Topic: Brand new here, what to do with $50K cash right now
Replies: 12
Views: 1947

Re: Brand new here, what to do with $50K cash right now

Question: fund 2019 Roth but you said you have no income. Just curious on that comment. Edit: because if you have no income you shouldn’t be eligible to contribute to a Roth. [/quot Good point, I had forgotten definition of 'earned income.' Hmmmmm, what if when my CD comes due I use that? About hal...
by robindbee
Sat Jan 19, 2019 3:21 pm
Forum: Personal Investments
Topic: Brand new here, what to do with $50K cash right now
Replies: 12
Views: 1947

Brand new here, what to do with $50K cash right now

Hi, and I hope I'm doing this correctly! Single, Head of Household, (15-22% tax rate?) Retired Social Worker 9/2018, 65 yo NYC-Rent Stabilized Apt inc gas/elec. ($1115 mo frozen by SCRIE) No Debt Low monthly nut currently: Medicare quarterly, cable, cell, food, etc. TOTAL ASSETS: Tiaa $280,000 Tradi...
by robindbee
Thu Jan 17, 2019 4:50 pm
Forum: Forum Issues and Administration
Topic: Posting Format
Replies: 1
Views: 795

Posting Format

Hi, I'm brand new here and before I post my q's, I know there is a particular format to enter my financial stats, goals, etc., but I can't locate it. Can anyone send me the link or cut/paste appropriate format? Much appreciated.
Thank you.
Robin B