Search found 5858 matches

by retired@50
Thu Jun 17, 2021 11:48 pm
Forum: Personal Investments
Topic: I would like opinions on this fund
Replies: 6
Views: 289

Re: I would like opinions on this fund

What do you think about this as an only fund in taxable plus perhaps a settlement account. Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) It's 50% US 50% Muni I think in the right circumstances, it's an excellent fund. Others will come along to mention the various negative aspects of it ...
by retired@50
Thu Jun 17, 2021 8:22 pm
Forum: Personal Investments
Topic: 401k help
Replies: 13
Views: 490

Re: 401k help

Thank you both for your assistance. I have a Charles Schwab account and was considering them or Fidelity, BUT again I am not comfortable picking my own mutual funds or ETFS and would prefer someone else manage it. I don't trust myself to choose the correct funds and would prefer someone who special...
by retired@50
Thu Jun 17, 2021 6:34 pm
Forum: Personal Investments
Topic: setting up taxable investments for the first time
Replies: 11
Views: 741

Re: setting up taxable investments for the first time

I don't have great bond choices in my 401k. I do have VTSAX so I just do that. I guess my choices are either put new money in 529 in bonds or shift to more bonds in my tIRA . Otherwise, I'm back to holding bonds in taxable. Using a traditional IRA to hold bonds is fine. Presuming it's a tax-deferre...
by retired@50
Thu Jun 17, 2021 6:09 pm
Forum: Personal Investments
Topic: 401k help
Replies: 13
Views: 490

Re: 401k help

Thank you both for your assistance. I have a Charles Schwab account and was considering them or Fidelity, BUT again I am not comfortable picking my own mutual funds or ETFS and would prefer someone else manage it. I don't trust myself to choose the correct funds and would prefer someone who special...
by retired@50
Thu Jun 17, 2021 6:02 pm
Forum: Personal Investments
Topic: setting up taxable investments for the first time
Replies: 11
Views: 741

Re: setting up taxable investments for the first time

After some more thought I decided to change my approach. I'm now going to do the following: 60% Vanguard Large Cap Index Admiral (VLCAX) in taxable 40% Vanguard Total Bond Market (VBMPX) in 529 I still was planning on putting in some $ into the 529 for the next couple of years. So I will do the fix...
by retired@50
Thu Jun 17, 2021 5:57 pm
Forum: Personal Investments
Topic: 401k help
Replies: 13
Views: 490

Re: 401k help

Hello thank you for your reply. I am in a solo 401K. I own my own 1-person company. Does this change your previous thoughts at all? Thanks! It sure does. I see that you have some pretty strong influence in the C-suite. :happy Can't you move your solo 401k to Vanguard, Fidelity, or Schwab? See link:...
by retired@50
Thu Jun 17, 2021 5:46 pm
Forum: Personal Investments
Topic: 401k help
Replies: 13
Views: 490

Re: 401k help

Have you seen the 401k wiki page section that deals with expensive or mediocre choices in a plan? Link: https://www.bogleheads.org/wiki/401(k)#Expensive_or_mediocre_choices Even though the costs are high, sometimes these fees are offset by employer matching contributions. Depending on your ability t...
by retired@50
Thu Jun 17, 2021 3:41 pm
Forum: Personal Investments
Topic: Invest in Separately Managed Bond Account?
Replies: 21
Views: 1204

Re: Invest in Separately Managed Bond Account?

My broker ( Fidelity) is advising me to get into a Separately Managed Bond Fund that requires a $350,000 minimum with a 0.30-0.40 fee. For reference, I am retired, 66 years old, and already have a Fidelity Federal Equity Income Strategy Account that yields 20% with a 0.90 fee. The money for the bon...
by retired@50
Thu Jun 17, 2021 2:45 pm
Forum: Personal Investments
Topic: Recently retired and need advice
Replies: 27
Views: 2166

Re: Recently retired and need advice

3. Possibly keep the 300,000 in cash to supplement income until claiming SS at age 70 and having it available if markets downturn. Would you put the cash in a bond fund in taxable? I wouldn't keep this much in cash, my personal limit might be around 2 years of expenses needed beyond income. In your...
by retired@50
Thu Jun 17, 2021 10:28 am
Forum: Personal Investments
Topic: Recently retired and need advice
Replies: 27
Views: 2166

Re: Recently retired and need advice

Living expenses should around 70,000 a year. The cash was not part of the 55/45 ratio So, if I'm following this... Current income is as follows: Social Security for her 750/mo X 12 = $9,000 Pension for him 1,300/mo X 12 = $15,600 Dividends on taxable portfolio (guessing about $2,000) total = $26,60...
by retired@50
Thu Jun 17, 2021 10:20 am
Forum: Personal Investments
Topic: Roth conversion question
Replies: 13
Views: 934

Re: Roth conversion question

But we are already in a high tax bracket so would it make any difference? What tax bracket will you be in when her $300k in wages stops? That's the "lower tax bracket" in the future that the wiki is referring to. You may be able to squeeze in a few years of low(er) income between her work...
by retired@50
Thu Jun 17, 2021 9:59 am
Forum: Personal Investments
Topic: Recently retired and need advice
Replies: 27
Views: 2166

Re: Recently retired and need advice

I think income depending on when I start SS will be over $100,000. Where is this income coming from? Social Security = approx. $39,000 which hasn't started yet. Social Security for her = $9,000 Dividends? Wages? IRA Withdrawals? Is the $1,300 pension an annual amount or a monthly amount? Regards,
by retired@50
Wed Jun 16, 2021 8:45 pm
Forum: Personal Investments
Topic: Gut check at 24 years old - not sure if I should feel this behind
Replies: 51
Views: 3995

Re: Gut check at 24 years old - not sure if I should feel this behind

I didn't know it was possible to be "behind" at 24.

If so, I certainly was, but it didn't make a difference in my life.

Regards,
by retired@50
Wed Jun 16, 2021 7:25 pm
Forum: Personal Investments
Topic: Taxable acct/FI questions
Replies: 4
Views: 372

Re: Taxable acct/FI questions

Looking for advice specifically regarding taxable account. Goal is to retire age 50-55. Currently in mid 30s. No dependents. File MFJ. Current income: 250k, in 1-2 years will be 400-450k Current NW: +150k Debts: 150k private student loan @ 0.45%. Initial refi was for 1.99% variable 5 year but rates...
by retired@50
Wed Jun 16, 2021 6:17 pm
Forum: Personal Investments
Topic: Invest in Separately Managed Bond Account?
Replies: 21
Views: 1204

Re: Invest in Separately Managed Bond Account?

It seems a couple of the brokerages (Fidelity, Schwab) are advocating for this recently... See this thread. https://www.bogleheads.org/forum/viewtopic.php?t=351130 My advice would be to skip the "managed" part and just buy a low expense ratio bond index fund like FXNAX if you're interested...
by retired@50
Wed Jun 16, 2021 1:13 pm
Forum: Personal Investments
Topic: setting up taxable investments for the first time
Replies: 11
Views: 741

Re: setting up taxable investments for the first time

Fed tax rate is 22%, 8.75% state. I wasn't sure if Oregon taxes apply to a treasury fund like this. As I understand it, states aren't allowed to tax Treasury interest, only the Federal government can do that. You may need to study the Oregon tax forms to find out where you would "back-out"...
by retired@50
Wed Jun 16, 2021 11:02 am
Forum: Personal Investments
Topic: Worth it to target and track asset location?
Replies: 1
Views: 179

Re: Worth it to target and track asset location?

I'm just trying to figure out if there's a good goal, for example 40% tax deferred, 30% taxable 30% roth. Right now my goal is just "as much as possible" :) STVCT I don't think there is any sort of recipe for success in these cases. Sometimes savings patterns are just the result of what y...
by retired@50
Wed Jun 16, 2021 10:56 am
Forum: Personal Investments
Topic: setting up taxable investments for the first time
Replies: 11
Views: 741

Re: setting up taxable investments for the first time

Depending on your income tax rate, holding 40% in bonds in the taxable account might be sub-optimal from a tax perspective. Have you seen the wiki page on tax-efficient fund placement? Link: https://www.bogleheads.org/wiki/Tax-efficient_fund_placement If you're in a low tax bracket it may not matter...
by retired@50
Wed Jun 16, 2021 9:48 am
Forum: Personal Investments
Topic: $ out of Schwab Money Market and into Schwab Checking?
Replies: 17
Views: 964

Re: $ out of Schwab Money Market and into Schwab Checking?

Thanks for reading my question, galawdawg! My question is about the expense ratio of .34%. Specifically: I'm paying the expense ratio of .34% to earn .03% in the Schwab money market. I'm not paying anything to earn .03% in the Schwab checking account. I *think* it makes sense to take my money out o...
by retired@50
Tue Jun 15, 2021 11:50 pm
Forum: Personal Investments
Topic: Senior, worried about investments
Replies: 23
Views: 3360

Re: Senior, worried about investments

Is anyone named as a financial power of attorney for your husband? Having a lawyer draft such a document might help. If/when he is no longer able to manage his own affairs, or sooner, it could be invoked. I think there are generally two flavors of the POA document. One takes effect immediately, the ...
by retired@50
Tue Jun 15, 2021 8:03 pm
Forum: Personal Investments
Topic: Just retired; should I redo Solo 401k to enable Mega Backdoor Roth (MBR)?
Replies: 2
Views: 364

Re: Just retired; should I redo Solo 401k to enable Mega Backdoor Roth (MBR)?

I can't comment about what's best for self employed folks, but I'll say this...

You're 59, RMDs won't start until 72. Doesn't that give you a long runway to perform traditional to Roth conversions each year as needed?

Regards,
by retired@50
Tue Jun 15, 2021 7:57 pm
Forum: Personal Investments
Topic: Teenager new to the job market
Replies: 12
Views: 1218

Re: Teenager new to the job market

What's the nature of his earned income?

Is he getting a normal paycheck from McDonald's or is he mowing lawns for neighbors?

This could make a difference with regard to which type of account is best suited to his situation.

Regards,
by retired@50
Tue Jun 15, 2021 7:45 pm
Forum: Personal Investments
Topic: Trying to establish my asset allocation
Replies: 29
Views: 2484

Re: Trying to establish my asset allocation

I am 36, my marginal tax rate is 35%, I am a disciplined investor with patience and risk tolerance. What percentage of my portfolio should be in bonds? What percentage of your current after tax annual income are you currently saving? I save 20-22% of my gross income, maxing out a 403b, 457b, 2 back...
by retired@50
Tue Jun 15, 2021 3:44 pm
Forum: Personal Investments
Topic: Advice for a recent widow
Replies: 46
Views: 3386

Re: Advice for a recent widow

One further question. Several respondents have recommended some fine retirement funds. Why use them instead of a traditional asset allocation? With a traditional AA, if the market goes down, you can live off the bonds, especially since she is foreseeing large profit from the house sale. With a blen...
by retired@50
Tue Jun 15, 2021 2:39 pm
Forum: Personal Investments
Topic: Roth IRA for Children
Replies: 3
Views: 352

Re: Roth IRA for Children

The typical rule is that the IRS requires "earned income" to be eligible to contribute to a Roth IRA. My personal feeling is that it's probably not smart to do this to your daughter, saddling her with a potential audit down the road. I'd just save for her in a taxable account, and gift her...
by retired@50
Tue Jun 15, 2021 2:35 pm
Forum: Personal Investments
Topic: VINIX all the way or...
Replies: 8
Views: 1102

Re: VINIX all the way or...

My angst is that I also have MFEKX (MFS Growth Fund Class R6) that has done very well for me over the last 15 years (18% plus ROI). The expense ratio of this fund is .53 The fund manager appears to be a pretty smart person, but eventually, he'll either retire, or his luck will run out. Even after l...
by retired@50
Tue Jun 15, 2021 2:15 pm
Forum: Personal Investments
Topic: Portfolio help and guidance for newbie 38yo
Replies: 13
Views: 1425

Re: Portfolio help and guidance for newbie 38yo

jump4joy wrote: Tue Jun 15, 2021 12:39 pm Thank you so much. Your explanations are incredibly helpful!
Thank you.
The occasional compliment like this lets me know that I'm having a positive impact, which is one of my reasons for contributing to Bogleheads.org.

Regards,
by retired@50
Tue Jun 15, 2021 1:28 pm
Forum: Personal Investments
Topic: Advice for a recent widow
Replies: 46
Views: 3386

Re: Advice for a recent widow

TXJeff, Since California is a community property state, she gets a step-up in cost basis on the value of the house on the day her husband died. I have no idea how that is calculated. Given California's crazy real estate, it's conceivable the house will go up more than 250K in four years, but I doub...
by retired@50
Tue Jun 15, 2021 1:19 pm
Forum: Personal Investments
Topic: Portfolio help and guidance for newbie 38yo
Replies: 13
Views: 1425

Re: Portfolio help and guidance for newbie 38yo

New Question: I know there is variation on this, but how often do you check on your portfolio/rebalance? Cheers! My typical recommendation for re-balancing is annually, or when the market swings wildly, which can throw your asset allocation out of balance by more than 5%. Checking on this quarterly...
by retired@50
Tue Jun 15, 2021 10:01 am
Forum: Personal Investments
Topic: Where to put my bi-weekly savings $$$?
Replies: 10
Views: 1427

Re: Where to put my bi-weekly savings $$$?

You all think maxing the 401k is best, even though there is no match and the fees are fairly high? I’ve invested very little into it thus far as I just started a job and don’t plan on being at the company long at all, so didn’t want to tie up a bunch of money in another 401k. I’m not necessarily op...
by retired@50
Tue Jun 15, 2021 9:52 am
Forum: Personal Investments
Topic: Where to put my bi-weekly savings $$$?
Replies: 10
Views: 1427

Re: Where to put my bi-weekly savings $$$?

If you want to add more bonds, do so, inside the 401k plan.

If you want help or guidance on the 401k choices, list them out for forum members to review. Include the fund names, expense ratios, and ticker symbols.

Regards,
by retired@50
Mon Jun 14, 2021 11:45 pm
Forum: Personal Investments
Topic: [Rollover IRA]
Replies: 7
Views: 616

Re: ROLLOVER IRA

The normal routine, when moving accounts, is to call the destination firm, Fidelity, in this case. Does Job 3 have a 401k plan hotline phone number? You could call and confirm that you're allowed to combine both the Rollover IRA and the 401k from Job 2 into the 401k account at Job 3. Presuming the 4...
by retired@50
Mon Jun 14, 2021 6:31 pm
Forum: Personal Investments
Topic: Options for RMDs and Recent Inheritance?
Replies: 4
Views: 467

Re: Options for RMDs and Recent Inheritance?

As first-timer, I echo sentiments of lurking and learning. Greatly appreciate the opportunity of reaching out to such a intelligent, experienced, sharing and welcoming bunch of free advisors! Welcome to the forum. :happy It appears you've skipped over one of the very important parts of the Asking P...
by retired@50
Mon Jun 14, 2021 1:10 pm
Forum: Personal Investments
Topic: Senior, worried about investments
Replies: 23
Views: 3360

Re: Senior, worried about investments

We have two children in their late fifties. One is a cancer survivor who has recently lost his insurance and might need our financial help in the future. Thanks for any help or advice. Nov Has your son tried to get a policy at the Health Care web site the US Government created? See link: https://ww...
by retired@50
Mon Jun 14, 2021 12:23 pm
Forum: Personal Investments
Topic: Portfolio help and guidance for newbie 38yo
Replies: 13
Views: 1425

Re: Portfolio help and guidance for newbie 38yo

Welcome to the forum. :happy After reading your post a few thoughts come to mind. 1. In the 401k plan I'd use these 3 funds. BlackRock Equity Index Fund (WBRERX) (0.03%) <- Consider this fund your US Stock exposure. Put 64% here. Vanguard Developed Markets Index Fund Admiral Shares (VTMGX) (0.07%) ...
by retired@50
Mon Jun 14, 2021 9:33 am
Forum: Personal Investments
Topic: Portfolio review: How can I make this painful rebalancing a little less painful?
Replies: 37
Views: 3787

Re: Portfolio review: How can I make this painful rebalancing a little less painful?

I would speak to someone where you work. Maybe Human Resources or Payroll. I really struggle to imagine that they don't offer a traditional tax-deferred 401k option for their employees. It may not be simple or intuitive on the website, and I'm not necessarily certain that using the tax-deferred pat...
by retired@50
Mon Jun 14, 2021 9:26 am
Forum: Personal Investments
Topic: Portfolio help and guidance for newbie 38yo
Replies: 13
Views: 1425

Re: Portfolio help and guidance for newbie 38yo

I appreciate any advice and insight. Questions: It seems that I am paying more than I should in fees for the target date fund in my 401k at Charles Schwab. I would also like some further control. For Roth IRA money at Vanguard, I didn’t have a chance to explore options and move the money- I was jus...
by retired@50
Mon Jun 14, 2021 8:54 am
Forum: Personal Investments
Topic: diversification and taxes
Replies: 6
Views: 460

Re: diversification and taxes

Is it ok to have a total bond market fund in my taxable account? Or should I rethink how I structure my accounts . Thanks for the help. I'm a fan of the target date funds too, although they were created long after I started investing, so I didn't really get to take advantage of them. Anyway, here's...
by retired@50
Mon Jun 14, 2021 8:44 am
Forum: Personal Investments
Topic: How to tilt away from possible bubbles in mega-cap growth stocks
Replies: 26
Views: 1809

Re: How to tilt away from possible bubbles in mega-cap growth stocks

I would point you to the Rational Reminder podcast and the related forum, which I participate in. Ben Felix also has some excellent videos on YouTube. https://www.youtube.com/watch?v=jKWbW7Wgm0w https://community.rationalreminder.ca/ Welcome back to the forum whodidntante! Haven't seen you post in ...
by retired@50
Mon Jun 14, 2021 8:23 am
Forum: Personal Investments
Topic: How to tilt away from possible bubbles in mega-cap growth stocks
Replies: 26
Views: 1809

Re: How to tilt away from possible bubbles in mega-cap growth stocks

And are there any good strategies for tilting away from potential bubbles other than value-based approaches? Welcome to the forum. :happy Using traditional value metrics like P/E and Price to Sales is precisely how one would tilt away from a high P/E or high Price to Sales "bubble" stock....
by retired@50
Sun Jun 13, 2021 6:41 pm
Forum: Personal Investments
Topic: Portfolio Review / Retirement Readiness Review
Replies: 10
Views: 638

Re: Portfolio Review / Retirement Readiness Review

My first comment is that you are holding US stock, Intl. Stock and Bonds in every account. You can improve tax efficiency by considering your total portfolio for your overall asset allocation but using different accounts for different catgories of holdings. There is a full WIKI on tax efficient fun...
by retired@50
Sun Jun 13, 2021 6:16 pm
Forum: Personal Investments
Topic: Portfolio Review / Retirement Readiness Review
Replies: 10
Views: 638

Re: Portfolio Review / Retirement Readiness Review

Hi, that’s the effective tax rate. I was in the marginal 35% tax rate for 2020 filing. I expect to be there this year as well. It would be best to update your original post, by using the pencil icon in the upper right corner, so other contributors don't get misled. Update the State tax rate as well...
by retired@50
Sun Jun 13, 2021 5:51 pm
Forum: Personal Investments
Topic: Portfolio Review / Retirement Readiness Review
Replies: 10
Views: 638

Re: Portfolio Review / Retirement Readiness Review

Tax Filing Status: Married Filing Jointly Tax Rate: 23% Federal, 8% State (2020) State of Residence: CA Is the above a typo? I'm not aware of a Federal 23% bracket. Maybe it's an effective tax rate instead of a marginal tax rate? Marginal rate is more helpful for making tax related decisions. Regar...
by retired@50
Sun Jun 13, 2021 3:42 pm
Forum: Personal Investments
Topic: Good set-and-forget fund(s) for 85 year old
Replies: 14
Views: 1483

Re: Good set-and-forget fund(s) for 85 year old

BH_RedRan wrote: Sun Jun 13, 2021 2:45 pm Not sure what an ESG fund is so I'll look it up.
See link: https://investor.vanguard.com/etf/profi ... folio/esgv

Note that the exposure to the Energy sector is .20% which is minimal when compared to other total market funds.

Regards,
by retired@50
Sun Jun 13, 2021 3:37 pm
Forum: Personal Investments
Topic: Eyes on ... thank you! [Portfolio review]
Replies: 8
Views: 783

Re: Eyes on ... thank you!

Questions: 1. I like the granularity of the individual sector funds over a broad (IVV or VTSMX) fund. comments? Welcome to the forum. :happy You're in violation of point number 9 of the Boglehead Investment Philosophy. Invest with simplicity. My opinion is that this will become harder to manage as ...
by retired@50
Sun Jun 13, 2021 1:53 pm
Forum: Personal Investments
Topic: Extremely lazy investing
Replies: 81
Views: 7484

Re: Extremely lazy investing

Hi. Is there some way for the mods/admins to create a bot that automatically translates "TLAs" (three or more letter acronyms) into intelligible English? EF? HYSA? I already speak two languages. To use Bogleheads, I have to learn a third? -- from a noob (newbie) Welcome to the forum. See ...
by retired@50
Sun Jun 13, 2021 1:27 pm
Forum: Personal Investments
Topic: So tempted to pull the trigger and Retire
Replies: 61
Views: 6730

Re: So tempted to pull the trigger and Retire

You might be pushing things a bit unless your $40,000 annual figure is negotiable. At 48, you could easily be looking at a 40+ year retirement, which suggests a smaller withdrawal rate would be "safer". Whatever that means. Predictions about the future rate of return for the stock and bond...
by retired@50
Sun Jun 13, 2021 1:22 pm
Forum: Personal Investments
Topic: Good set-and-forget fund(s) for 85 year old
Replies: 14
Views: 1483

Re: Good set-and-forget fund(s) for 85 year old

~$275K, at the moment of Chevron. These are sacred inherited shares she will never part with . One way to help reduce the firm-specific risk of holding Chevron would be to use an ESG fund. Vanguard has a couple, one of which is an ETF. See ESGV. Hopefully, the risk of owning a single company stock ...
by retired@50
Sun Jun 13, 2021 12:14 pm
Forum: Investing - Theory, News & General
Topic: Optimal Investment Withdrawl Rate for very early retirement (<50 years old)
Replies: 22
Views: 2433

Re: Optimal Investment Withdrawl Rate for very early retirement (<50 years old)

3% is probably safe, but of course the lower it is, the "safer" you are. For an in-depth book on the topic, see "Living Off Your Money" by Michael H. McClung. Link: https://www.goodreads.com/book/show/30269060-living-off-your-money?from_search=true&from_srp=true&qid=mZKkw...
by retired@50
Sun Jun 13, 2021 10:48 am
Forum: Personal Investments
Topic: Series I - Interest Payment
Replies: 2
Views: 348

Re: Series I - Interest Payment

I found the following passage on the Treasury Direct website. How do I bonds earn interest? Interest on an I bond is a combination of two rates: 1. A fixed rate of return which remains the same throughout the life of the I bond and 2. A variable inflation rate which we calculate twice a year, based ...