Bogleheads.org

... Circling back here. You mentioned the following books Recommended library books. --The Only Investment Guide You'll Ever Need, Tobias. General personal finance topics. --The Bogleheads' Guide to Investing. Investing for retirement. --Date ...or Soul Mate, Warren. Priceless if you avoid the expense of a bad relationship/marriage/divorce. What about The Bogleheads' Guide to Retirement Planning? Or does the "Guide to investing Book" that you mentioned covered everything I need? First things first grasshopper. Your topic sounds like you are just starting out ...so only suggested the getting-started books. For completeness: recommended library books for planning to live in retirement. -- The Bogleheads' Guide to Retirement Plannin...

Depending upon where your new employer holds its 401k, it might be more convenient if you hold your personal accounts (taxable, IRA,...) there too. ** Fidelity and Charles Schwab are recommended brokerages for their low cost and customer service, ...if your new employer's brokerage is less customer friendly. When choosing a muni fund for your taxable account, it will probably be an ETF (exchange-traded fund), meaning the "IRS 6mo holding period requirement"* comes into play. * If selling muni shares at a loss (TLH), you must own those shares for >6mos, to claim the full loss. You must remember/do this ...to avoid the IRS paperwork reporting hassle. "An ounce of prevention...." (This IRS rule does not apply if selling fo...

Good evening Everyone,


I have been trying to acquire knowledge in regards to "Towards Retirement or Entering Retirement" as I will soon be managing my Parents Retirement Accounts.

I just finished reading The Bogleheads' Guide to Investing 2nd Edition which was published in 2014

I also saw that there is another book called The Bogleheads' Guide to Retirement Planning which was published in 2011.

Since I have already read the Guide to investing, is there anything new or worthwhile in the "guide to retirement planning" book that I didn't see in the Guide to investing book?

thank you in advanced.

Good evening

Any recommendations on a CPA proactivr tax strategist, planner, advisor, Tax preparer,


I'll be a K1 independent contractor
I'm going to manage my investments but I'll need some assistance with maximizing Tax deductions, strategies, and preparation?

Thank u in advanced

I assume you are looking at Target to think ahead about strategy for asset ALLOCATION. And for asset LOCATION, you want to know how to break up the components to their optimal location. TIPS are a debatable asset class, as to location, depending on your circumstances. If you have much more $ in taxable or tax advantaged, you may make a case for either. If in a high income tax state, you can benefit by putting these US tsy securities into taxable and only paying federal, no state income tax. This presumes your federal bracket is not very high. OTOH, if in a very high federal bracket, you should be saving max possible to tax deferred and putting highest yielding bonds in that acct, as is the case recently with TIPS. I kept TIPS in taxable wh...

Good Evening Everyone, I am currently a young investor. But I am looking to the future. I noticed on the vanguard target retirement series they start to at VTAPX (Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares) towards the end of retirement) When looking at tax efficiency placement and when that time comes in my life, should this fund be placed in Tax Deferred Accounts and in similar priority as Bond funds? best, Your question is confusing. Are you asking about placement of the Target Retirement fund? The other funds are held within this one fund, so you don't have a choice about where VTAPX is held. You can't really optimize asset location with an all in one fund. Most commonly, there is a preference for fixe...

Good Evening Everyone,

I am currently a young investor. But I am looking to the future. I noticed on the vanguard target retirement series they start to at VTAPX
(Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares) towards the end of retirement)

When looking at tax efficiency placement and when that time comes in my life, should this fund be placed in Tax Deferred Accounts and in similar priority as Bond funds?

best,

Depending upon where your new employer holds its 401k, it might be more convenient if you hold your personal accounts (taxable, IRA,...) there too. ** Fidelity and Charles Schwab are recommended brokerages for their low cost and customer service, ...if your new employer's brokerage is less customer friendly. When choosing a muni fund for your taxable account, it will probably be an ETF (exchange-traded fund), meaning the "IRS 6mo holding period requirement"* comes into play. * If selling muni shares at a loss (TLH), you must own those shares for >6mos, to claim the full loss. You must remember/do this ...to avoid the IRS paperwork reporting hassle. "An ounce of prevention...." (This IRS rule does not apply if selling fo...

aristotelian wrote: ↑Thu Jan 19, 2023 6:38 am One option that hasn't been mentioned is I Bonds. There are lots of threads on them if you want to do a search. They are guaranteed to beat inflation and tax deferred. They were a big thing when HYSA rates were zero and inflation was 10%. That situation may not happen again but it is good to have some for diversification.

I also think short term Treasuries or STT ETF would be a fine choice if your brokerage doesn't have a good money market fund.

Thanks for this additional info

Idea. Use a tiered structure for your savings/emergency fund structure. --1st-tier EFs: checking, savings, CDs,... --Extended-tier EF: muni bond fund in taxable, justified by your future income. (Not a stock fund.) Just went though this drill, see: https://www.bogleheads.org/forum/viewtopic.php?p=7069631#p7069631 --For thoughts on using the "ABP by CC technique" to boost the yield on your 1st-tier EFs. --For choosing a muni fund. Generally we should match our savings vehicle to our need horizon. If our need is within: --0-5yrs: Use insured accounts (checking, savings, CDs,...). --5-10yrs: Safe bond funds. -->10yrs: Safe stock funds. But with your income potential, you could easily/quickly have many years of living expenses in a m...

Oddball wrote: ↑Wed Jan 18, 2023 9:51 am What is the %APR for the student loans once they go back into repayment?

About 6.5% I believe

My plan, once I acquire this high-income job, is to 1. Build up 6 months Emergency Fund 2. Max out all of my tax advantage accounts (Employer 401k etc, Backdoor Roth) 3. Transfer my old employer Roth 403b into my Vanguard Roth Account. 4. Defer on paying down loans for now Now I plan to save money to eventually pay off this student loan/start paying off the student loan once the pause of student loans ends (whenever the government decides) My question is whether I should store the money for future student loan repayment in a high interest savings account (Marcus Goldman Sachs) or should I put the money in a taxable brokerage account. If I invest in a taxable brokerage account I plan to invest in VTSAX & VTIAX. In order to keep my desir...

Can u please explain why its not good to have Bond funds in Roth accounts but instead have them in tax deferred/traditional 401k? The general idea is that it's preferable to put assets with highest expected returns (i.e., stocks) in Roth accounts, because the growth and withdrawals are tax-free, if you follow the rules. See this wiki for more information about tax-efficient fund placement: https://www.bogleheads.org/wiki/Tax-efficient_fund_placement Also why is it best to not put the same funds in taxable as I have in other accounts? If you ever want to tax loss harvest (TLH) in the taxable account, it's easier not to have the same funds in other accounts, because you can more easily avoid the wash sale rule. If you use different funds in ...

Unless you're currently employed by the employer where you have the Roth 403b, you can transfer that money into your Roth IRA now. No need to wait until later in the year. You would be out of the market for some time, possibly up to a few weeks, depending on where the 403b and Roth IRA are held. I agree that at your age it definitely doesn't make sense to keep bonds in Roth accounts. I would put desired bonds in your tax-deferred/traditional 401k after you start the new job. I also agree that it's best not to use the same funds in taxable as you have in other accounts. Because your employer-sponsored plan generally will have a limited selection of funds but will typically have an S&P 500 fund, I find it easier to use S&P 500 in 401...

Hello Everyone, I am a 29-year-old graduating student and new to investing. In the later part of this year I will be acquiring a job that will increase my income well into the triple figures (300k+) I currently have: 1. 230k in personal student loans which are currently deferred (Due to the Biden Covid administration pause) 2. Vanguard Roth IRA account with 80% VTSAX, 10% VTIAX, and 10% BND (70k) 3. Employer Roth 403b with 100% FXAIX (1.5k) 4. High interest Savings Account (11k) My plan, once I acquire this high-income job, is to 1. Build up 6 months Emergency Fund 2. Max out all of my tax advantage accounts (Employer 401k etc, Backdoor Roth) 3. Transfer my old employer Roth 403b into my Vanguard Roth Account. 4. Defer on paying down loans ...