This to the mountains in the winter?
I can't imagine...
A crude estimation isn't that hard. Do you know what your marginal tax rate (tax bracket) will be when ignoring the RMD? Take that % and multiply it by the RMD amount and that is about how much extra tax you'll pay with the RMD included in income.2020 ButClassic wrote: ↑Sat Mar 16, 2024 11:25 amI use a rough estimate of RMD taxes in calculators like FIRECalc. As I approach retirement I realize that unlike inflation and market growth, RMD withdrawals follow a unique math. How should I estimate RMD taxes when figuring out my expenses?
As a general rule, try to keep fixed income (such as bonds) in tIRAs and anything that might eventually become a tIRA (like a t401k). Try to keep efficient stock funds in rIRA and taxable. If you can't fit all your bond-like holdings in tIRA & t401k and need to use taxable accounts, then determine whether to use tax-exempt bond funds vs something like Treasuries (the earning from which may be state-tax exempt.)AavocadoArdvark wrote: ↑Sat Mar 16, 2024 7:20 amMy questions are about where to hold stock vs bond funds...
Without knowing more about your situation, VUSXX is a better choice than VMFXX.Needsomehelp wrote: ↑Fri Mar 15, 2024 1:00 pm
So, I go back and forth between simply putting it all in VMFXX and getting a return (that I think I would be exempt from state taxes becasue of their treasury compoment) and purchases treasuries directly.
That is my experience as well. I don't know of any local financial institutions anymore that will accept wrapped coins. Too many slugs, foreign coins, etc. They all have coin counters now. Just like they have automatic currency counters to look for counterfeits.SmileyFace wrote: ↑Sun Mar 10, 2024 8:02 pmThis is not true everywhere. My bank has a change counting machine in the lobby. Dump in a bucket of change and it prints out a reciept that you hand to the teller to deposit.
Mr Bogle felt there was no reason to own international. His reason: almost all US companies are multinational in practice. I agree with that position and haven't own anything but US stocks for well over 15 years.Younglearner wrote: ↑Sun Mar 10, 2024 1:04 pm PS. In my humble opinion I believe all people should own ex US stocks. But with that said, I do want to hear why some say 100% US as I have never really understood it/ source. Never found something on the bogleheads that fully states the reasons why someone believes in 100% US stocks.
I think a lot of VG's mailings are done by contractors.dollar_elbow wrote: ↑Wed Mar 06, 2024 2:16 pmI managed to call Vanguard twice, but they were unable to explain why I receive mail on both occasions, but they did confirm I have e-delivery on for everything. It seems like a waste of time pursuing this further.
Amish Furniture Warehouse.
You need to seriously consider that someone is using your SSN. Open an investigation with the IRS by first requesting transcripts of your tax returns for each of the years in question.
Which OS?
What is a "direct sold" plan/account/tIRA?tortoise1981 wrote: ↑Sat Feb 24, 2024 5:01 pm... to a direct sold plan... opening a direct sold traditional IRA ... into a direct sold account
I would switch this to VUSXX (Treasury MMF) to avoid more state income tax. VMFXX has fewer government obligations in its holdings.hacksaw2025 wrote: ↑Tue Feb 20, 2024 8:51 am 3) And $7k in the Vanguard Federal Money Market (currently contributing $1k per month). Emergency Fund?
Based on what you posted you should not invest this money at all. Put it in a safe place as your emergency fund.Colocha24 wrote: ↑Sun Feb 18, 2024 5:25 pmGreetings! I would love recommendations on the best thing to do with 12k cash that I have. I’m 32 years old and this summer I’ll be moving to Central America for an undetermined number of years to work an unpaid job in the public sector. (I plan to get a part time job to cover living expenses). My question is, how should I invest the extra 12k cash that I have now as to have something stored for my future?
Temporarily put it in Vanguard's VUSXX fund (Treasury MMF). It'll earn nice (maybe mostly state-tax exempt) income while you study up on what is the best thing to do with it. If you are in a no-state-income-tax state, then the default settlement fund will be good enough.wesley.burger wrote: ↑Sun Feb 18, 2024 4:47 pm I have recently received $700,000 (after tax) in cash and would like some advice on what to do with it.
Since she is the only economist then this is the most appropriate title.
I hired my first housekeeper in 1986. I was earning $40k/yr. The housekeeper wanted $100 to clean the house the first time (she showed me just how dirty it was) and $25/cleaning thereafter.theplayer11 wrote: ↑Thu Feb 15, 2024 12:44 ami’m actually surprised how many hire someone to clean their own house.
Good recommendation about thrift stores. I had two, virtually new (little worn) Hart-Shaffner-Marx suits I'd long outgrown that I donated to Goodwill. So you just never know what will show up there.
+1.Colorado14 wrote: ↑Mon Feb 12, 2024 11:08 amI agree with all other replies. Late September is likely to be a great time to visit Boulder. Yes, a wild and crazy snow event could occur but it's more likely that you will experience beautiful/mild weather.
How old are you? To some extent the fixed income duration plays into what you may want to do (if younger then a longer term duration is okay).stocknoob4111 wrote: ↑Fri Feb 09, 2024 9:47 am I am wondering what I should do with this cash. I ultimately want to get to a 80/20 asset allocation. Would you put the entire cash as a lumpsum into BND (Total Bond)? Or would you rather buy 3 year or 5 year Treasury bonds?
This was my Fidelity experience as well. And with Vanguard and with my local credit union and ...
Probably nothing.
I agree.HawkeyePierce wrote: ↑Tue Feb 06, 2024 6:32 pm It wasn't Vanguard or your ISP.
This is definitely an issue with your computer.
Would a NY specific municipal MMF be better? You'd need to do a tax equivalent yield calc to know.
Probably an error in the way the database was polled to link the person's name with "an address". I'd simply write "no such person" on the envelope and put it back in the USPS system. It is illegal to open mail not addressed to YOUR NAME, regardless of the address shown.FedRetired2018 wrote: ↑Mon Feb 05, 2024 11:15 amThis is the first time this had happened and hopefully the last.
I'm at the 6.5 year mark and my FICO score has wavered consistently from 736-740 during the entire time. The seven year mark will be in July so it will be interesting to see what happens to the score beyond that point.
Just under 4 weeks: credit union -> Fido.
So you would not recommend a CRNA career path, for example?rickcrna wrote: ↑Sat Feb 03, 2024 4:36 pmRetired RN after 40 years, the last 30 yrs as a nurse anesthetist. My candid advice is NOT to choose nursing or PA as a career because health care has become so corporate and patients have become widgets. Maximize volume of patients especially those with good insurance reimbursement at the expense of quality and conscientious care. Constantly fighting with administrators and other providers leads to very toxic workplaces.