Search found 25 matches

by windpig
Wed Jun 24, 2020 2:13 pm
Forum: Personal Investments
Topic: Simple IRA withdraw
Replies: 2
Views: 249

Re: Simple IRA withdraw

Thanks for that. That is how I read it. I don't trust my comprehensive skills as much as in the past :-(
by windpig
Tue Jun 23, 2020 5:25 pm
Forum: Personal Investments
Topic: Simple IRA withdraw
Replies: 2
Views: 249

Simple IRA withdraw

I just retired after being laid off. I've got a Simple IRA with a prior employer that was opened and contributed to 10 years ago. Some contributions were made in 2019. I'm 65, can I close that account and take a distribution without penalty, or do I have to wait 2 years from the last contribution? T...
by windpig
Mon Jun 15, 2020 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Still working and insured. Should I sign up for medicare at 65?
Replies: 7
Views: 880

Re: Still working and insured. Should I sign up for medicare at 65?

If you don't sign up for Medicare, be sure and keep the documentation your employer is required to give you that state's you are on a qualified insurance plan that includes prescriptions. Else you could get billed at a higher Medicare rate when you finally get on it.
by windpig
Sat May 23, 2020 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, Medicaire questions
Replies: 71
Views: 4822

Re: Turning 65, Medicaire questions

I'm also in Seattle. I started on Medicare last November, dropped being on wife's plan at work. I went with the Regence Plan G. I figure I can always change later, I wanted the best. Some states don't allow you to change plans going forward without a physical. For your plan D it seems that you want ...
by windpig
Fri May 22, 2020 5:07 pm
Forum: Personal Investments
Topic: Should I pull my CDs out?
Replies: 26
Views: 2790

Re: Should I pull my CDs out?

I am not sure what to do. I would highly appreciate some ideas from you guys. Situation 1. I have $300K in CDs currently earning 2.3-2.5% and maturing in 2 years. There's an early-withdrawal penalty of 6-month's interest. 2. I applied for and was approved for a $300K mortgage to purchase a property...
by windpig
Wed Mar 25, 2020 8:33 pm
Forum: Personal Investments
Topic: Brokered CD's
Replies: 4
Views: 406

Re: Brokered CD's

Great info. Thank you for taking the time to respond!
by windpig
Wed Mar 25, 2020 7:09 pm
Forum: Personal Investments
Topic: Brokered CD's
Replies: 4
Views: 406

Brokered CD's

I'm looking at using some CD's for part of my wife's portion of her bond portfolio in her Fidelity 401K. Any info on doing this is greatly appreciated. There are multiple banks listed, all have FDIC backing, the best rate has no call protection. What should my considerations be?

Thank you
by windpig
Wed Mar 18, 2020 8:50 pm
Forum: Personal Investments
Topic: Only two bond choices in 401K
Replies: 12
Views: 608

Re: Only two bond choices in 401K

percentage of allocation

FXAIX is the S&P Fund
by windpig
Wed Mar 18, 2020 7:42 pm
Forum: Personal Investments
Topic: Only two bond choices in 401K
Replies: 12
Views: 608

Re: Only two bond choices in 401K

Thank you lakpr for taking the time to respond, I need to get into the brokerage link and figure out a strategy.
by windpig
Wed Mar 18, 2020 6:16 am
Forum: Personal Investments
Topic: Only two bond choices in 401K
Replies: 12
Views: 608

Re: Only two bond choices in 401K

This is our current mix

.06 Vanguard Total Stock Market
.35 Fidelity S&P500
.27 Vanguard Total Bond Market
.32 Fidelity MIP (see above)
by windpig
Wed Mar 18, 2020 6:00 am
Forum: Personal Investments
Topic: Only two bond choices in 401K
Replies: 12
Views: 608

Re: Only two bond choices in 401K

Portfolio Diversification 5,6 Portfolio Diversification Additional Information AS OF 2/29/2020 Portfolio Weight U.S. TREASURY 32.56% U.S. AGENCY 0.00% OTHER GOVERNMENT RELATED (U.S. & FOREIGN) 0.78% CORPORATE 25.54% MBS PASS-THROUGH 7.15% ABS 6.47% CMBS 11.74% CMOS 11.26% GUARANTEED INVESTMENT CONTR...
by windpig
Tue Mar 17, 2020 8:09 pm
Forum: Personal Investments
Topic: Only two bond choices in 401K
Replies: 12
Views: 608

Re: Only two bond choices in 401K

She's in the S&P500. We're keeping a 40/60 mix across all our retirement accounts. I'm at Vanguard and have pretty much filled all with Total Bond Market there. She has a brokerage account available, that may be the route to go. I'm just wondering how much less risk the MIP has compared to WACPX.
by windpig
Tue Mar 17, 2020 7:37 pm
Forum: Personal Investments
Topic: Only two bond choices in 401K
Replies: 12
Views: 608

Only two bond choices in 401K

The Fidelity 401K plan my wife has only offers Managed Income Portfolio Class 2 or WACPX for income. We've had her in WACPX for a number of years but I'm not happy with the average credit rating going forward, so I've moved the balance over to the MIP. I'm hoping for a little less risk. Any thoughts...
by windpig
Sat Feb 22, 2020 5:56 pm
Forum: Personal Investments
Topic: Vanguard transfer doesn't recognize bank accts.
Replies: 9
Views: 1237

Re: Vanguard transfer doesn't recognize bank accts.

I ran into this last week. It had been a while since I had transfer money from vanguard to my bank. I wound up doing the transfer at the time of sale. It was "What funds to sell" then "where to put the funds", my bank account showed as an option.
by windpig
Mon Feb 17, 2020 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Sending Tax Documents Securely
Replies: 14
Views: 1112

Re: Sending Tax Documents Securely

USPS signature required
by windpig
Wed Dec 04, 2019 4:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6704
Views: 561872

Re: U.S. stocks continue to soar!

Now that's funny :D
by windpig
Thu Oct 17, 2019 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Social Security survivors benefits
Replies: 3
Views: 417

Re: Social Security survivors benefits

Thank you very much for the response. That is what I thought it would be.
by windpig
Thu Oct 17, 2019 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Social Security survivors benefits
Replies: 3
Views: 417

Social Security survivors benefits

I am 65, my wife is 55. I plan on taking social security at 70, she will take hers at 62. If I die between age 67 and 70, are the benefits based on what I would have received at time of death, or at FRA. I'm assuming time of death, that makes the most sense.

Thanks
by windpig
Sun Sep 15, 2019 7:57 pm
Forum: Investing - Theory, News & General
Topic: Delaware Statutory Trusts (DST) - Anyone have a good experience with this?
Replies: 3
Views: 762

Re: Delaware Statutory Trusts (DST) - Anyone have a good experience with this?

This is a Seattle financial adviser that deals in DSTs.
As I recall, he says to be very careful of the quality of the property(s) being purchased, along with amount of leverage.

https://www.madronafinancial.com/about-1031/
by windpig
Tue Aug 06, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: Medicare Enrollment Online question
Replies: 4
Views: 660

Re: Medicare Enrollment Online question

Many thanks for the responses. The electronic signature screen link was awesome.
by windpig
Sun Aug 04, 2019 6:45 pm
Forum: Personal Consumer Issues
Topic: Medicare Enrollment Online question
Replies: 4
Views: 660

Medicare Enrollment Online question

Hello I submitted my Medicare application online today (i'll be 65 in November). I requested to sign up for part B in the form, but nowhere did it mention part A. I am eligible for free part A. I am wondering if it is automatic with my requesting part B in the application. Any help is greatly apprec...
by windpig
Sun Jul 28, 2019 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: remodeling costs in san francisco
Replies: 35
Views: 4187

Re: remodeling costs in san francisco

I'm in the sales of plumbing and electrical materials in Seattle. I've been in the construction industry since the early 70's. Cost of construction is insane, period. Contractors can write there own meal ticket. Cost of permitting, along with parking and debris removal adds to the mess. None of the ...
by windpig
Sun Jul 28, 2019 3:30 pm
Forum: Personal Consumer Issues
Topic: Hawaii in August
Replies: 31
Views: 2948

Re: Hawaii in August

I use to go to Maui 3 to 5 times a year to windsurf. I stayed with friends that lived there. April thru Sept are great months to visit as the trade winds are predominate which create milder temps, less humidity, and less rainfall. Winters can have Kona conditions (weather from the south) which can b...
by windpig
Sun Jun 16, 2019 3:26 pm
Forum: Personal Investments
Topic: 401K bond options
Replies: 3
Views: 396

Re: 401K bond options

Thanks for the replies.
Would a mix of WACPX and VFITX make sense, trying to get closer to what a Total Bond Market would look like?
by windpig
Sun Jun 16, 2019 9:21 am
Forum: Personal Investments
Topic: 401K bond options
Replies: 3
Views: 396

401K bond options

I'm 65 (taking SS at 70) Wife is 55, both working for next 5 years, 5 years expenses in bank. No mortgage or debt. Own half rental with no mortgage, our half value $275 conservative estimate (Seattle high end market area). Looking to be at 50/50 asset allocation in 5 years. Bond options in my wifes ...