## Search found 4556 matches

Sun May 26, 2019 8:40 am
Forum: Investing - Theory, News & General
Topic: Three assets all with negative correlations?
Replies: 18
Views: 1357

### Re: Three assets all with negative correlations?

A statistical requirement is that a correlation matrix must be positive semi-definite. +1. Add the restriction that the diagonal entries are 1, and you have all of the requirements. You can have n variables whose pairwise correlations are all equal to x as long as x is in the range from -1/(n-1) to...
Mon May 20, 2019 12:54 pm
Forum: Investing - Theory, News & General
Topic: Pre-RMD Retirement Sweet Spot - Accelerating IRA Withdrawals vs. Roth Conversion
Replies: 51
Views: 3958

### Re: Pre-RMD Retirement Sweet Spot - Accelerating IRA Withdrawals vs. Roth Conversion

Let's take an MFJ couple with a combined \$48K SS benefit (that's \$2K per person per month). For them, the SS tax hump begins at \$8K of "other" (non-SS) income, and ends at \$60,941 of non-SS income. Perhaps I don't understand this tax hump. I thought if you had \$44K of other income, this meant that ...
Mon May 20, 2019 12:38 pm
Forum: Investing - Theory, News & General
Topic: Pre-RMD Retirement Sweet Spot - Accelerating IRA Withdrawals vs. Roth Conversion
Replies: 51
Views: 3958

### Re: Pre-RMD Retirement Sweet Spot - Accelerating IRA Withdrawals vs. Roth Conversion

...A Roth conversion beyond the 12% bracket becomes less compelling if the next (say) \$20K of conversions beyond that will be tax taxed at the rate of 27%, and future RMDs will be taxed at the rate of 22% or 25%. My general recommendation on levelizing AGI looks at your projected age 70/70.5 AGI as...
Mon May 20, 2019 11:47 am
Forum: Investing - Theory, News & General
Topic: Pre-RMD Retirement Sweet Spot - Accelerating IRA Withdrawals vs. Roth Conversion
Replies: 51
Views: 3958

### Re: Pre-RMD Retirement Sweet Spot - Accelerating IRA Withdrawals vs. Roth Conversion

Or 27% (30% after 2026), if you have significant taxable investments. A Roth conversion beyond the 12% bracket becomes less compelling if the next (say) \$20K of conversions beyond that will be tax taxed at the rate of 27%, and future RMDs will be taxed at the rate of 22% or 25%. And folks with inco...
Mon May 20, 2019 10:17 am
Forum: Investing - Theory, News & General
Topic: Pre-RMD Retirement Sweet Spot - Accelerating IRA Withdrawals vs. Roth Conversion
Replies: 51
Views: 3958

### Re: Pre-RMD Retirement Sweet Spot - Accelerating IRA Withdrawals vs. Roth Conversion

The 12% marginal Federal income tax bracket for MFJ goes up to taxable income of \$78,950 this year. I generally do not like the "convert to top of xx% bracket" concept for the following reason: A couple with Taxable Income of \$77,000 would then do just under \$2000 of Roth conversion this year, whic...
Mon May 20, 2019 8:13 am
Forum: Investing - Theory, News & General
Topic: Pre-RMD Retirement Sweet Spot - Accelerating IRA Withdrawals vs. Roth Conversion
Replies: 51
Views: 3958

### Re: Pre-RMD Retirement Sweet Spot - Accelerating IRA Withdrawals vs. Roth Conversion

Roth conversions, since they are voluntarily realizing additional untaxed deferred compensation as ordinary income are by definition "taxed at your highest current marginal tax rate or higher" depending on if the conversion is at you current marginal rate or bumps it into the next bracket. So no hy...
Wed May 15, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Simple Tax Planning and TLH Questions
Replies: 3
Views: 346

### Re: Simple Tax Planning and TLH Questions

1) -5/1/2019 Buy stock in -5/15/2019 Sell all stock at 10% loss and never buy again Can I write the losses off? Yes, but you don't get to write off the entire loss immediately unless it is less than \$3K, or you have enough realized capital gains in the same year to deduct against it. If you harvest...
Tue May 14, 2019 9:01 am
Forum: Investing - Theory, News & General
Topic: Composition and safety of TIAA traditional annuity
Replies: 28
Views: 2281

### Re: Composition and safety of TIAA traditional annuity

TIAA does not have any magic investments. It holds a conservative portfolio and adjusts its crediting rates based on market returns. As with any annuity, it protects the annuitants by using mortality credits to pay those who have long lives. Between its traditional management and state guarantee fu...
Thu May 09, 2019 10:12 am
Forum: Investing - Theory, News & General
Topic: Knowing when to TLH
Replies: 12
Views: 1431

### Re: Knowing when to TLH

I would like to hear from the TLH pros regarding what thresholds they use to decide when to pull the trigger. As an example, if the market drops so that a holding is .5% below its basis, do you sell or wait to see if it drops lower? Or, perhaps a dollar value? Since I'm US market centric, I really ...
Sat May 04, 2019 11:42 am
Forum: Investing - Theory, News & General
Topic: Equity funds for taxable accounts
Replies: 23
Views: 2725

### Re: Equity funds for taxable accounts

Rick Ferri wrote:
Sat May 04, 2019 9:03 am
Be prepared to marry forever the equity mutual funds and ETFs you buy in a taxable account
And if you tax loss harvest, plan on bigamy.
Fri May 03, 2019 10:15 am
Forum: Investing - Theory, News & General
Topic: Taxable Equivalent Yield (TEY)
Replies: 19
Views: 4022

### Re: Taxable Equivalent Yield (TEY)

I have always had a hard time thinking in terms of taxable equivalent yields. I much prefer comparing after tax yields. There really isn't any more math involved. +1. In some sense it is only reframing the issue, but I agree that after tax yield offers a better perspective. What matters is what you...
Thu Apr 18, 2019 9:32 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Factors That Plague Factor Investing
Replies: 44
Views: 3173

### Re: Larry Swedroe: The Factors That Plague Factor Investing

A couple things people misunderstand is that even though two assets are uncorrelated doesn't mean that both assets can't go in the same direction over time. In fact, if they are truly uncorrelated they should move in the same direction about half the time. If they always move in the opposite direct...
Wed Apr 17, 2019 8:59 am
Forum: Investing - Theory, News & General
Topic: What is your one favorite fixed income for retirement?
Replies: 46
Views: 5926

### Re: What is your one favorite fixed income for retirement?

" TIAA Tradtional " was recommended is several posts in this thread. So can anyone invest in this? It looks like a good deal for fixed income. (I thought you had to be a teacher or have some related public sector job to have this. I know anyone can start an account in TIAA bank, but I had no idea y...
Sun Apr 07, 2019 8:45 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4473
Views: 1155337

### Re: What Movie Have You Recently Watched?

Saw Shoplifters recently. Excellent movie about an unconventional family living in near poverty in Japan. Maintains sympathy for the subjects even while peeling back layers that reveal circumstances that wouldn't ordinarily evoke it. It shares some thematic elements with Leave No Trace from last yea...
Thu Mar 14, 2019 8:59 am
Forum: Investing - Theory, News & General
Topic: TSP RMD's
Replies: 34
Views: 3249

### Re: TSP RMD's

rkhusky wrote:
Wed Mar 13, 2019 9:50 am
If taxable is better, I suppose then you should not stop at the RMD, but withdraw up to the top of your tax bracket or maybe higher.
No. Better to Roth convert any amounts beyond the RMD than simply withdraw them.
Mon Mar 11, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Should we convert all tIRA money to Roth?
Replies: 9
Views: 1192

### Re: Should we convert all tIRA money to Roth?

Agreed, not enough information. Any pensions or other guaranteed income besides SS in retirement? The issue is whether you will have something besides RMDs filling up the low tax brackets. Is your goal to retire as soon as humanly possible (or spend as much as humanly possible), or did you or spouse...
Wed Feb 27, 2019 12:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Ups the Ante in an ETF Race to Zero - Fees are coming down on seven ETFs
Replies: 97
Views: 9220

### Re: Vanguard Ups the Ante in an ETF Race to Zero Fees are coming down on seven ETFs, with combined assets of more t

Anybody bother to see if the financial statements allow the ER to be calculated to another significant digit? 9 vs. 11 could be much closer than it first appears due to rounding. For bond mutual funds you can reverse engineer differences in the expense ratios between share classes by monitoring the...
Fri Feb 22, 2019 2:16 pm
Forum: Investing - Theory, News & General
Topic: Muni bonds have done well even pre-tax
Replies: 6
Views: 1329

### Re: Muni bonds have done well even pre-tax

While on the topic of predicting the past, let me point out that VWITX (Intermediate Tax Exempt) has done well compared to VBMFX (Total Bond) even before discounting VBMFX for tax. For the 30 years from 1/1989 to 1/2019, portfolio visualizer reports 5.26%/yr for VWITX and 5.89% for VBMFX. That makes...
Mon Feb 18, 2019 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: TLH... Holding period not met for LTCG distributions...How to report?
Replies: 16
Views: 988

### Re: TLH... Holding period not met for LTCG distributions...How to report?

Read the instructions for Form 8949 for the boxes to check and the codes to enter. Thanks for the explanation. But the 1099-B will show a \$1000 short-term capital loss reported to the IRS with cost basis reported as well. So can you post a screen capture of the Form 8949 entries for your example pl...
Mon Feb 18, 2019 9:59 am
Forum: Investing - Theory, News & General
Topic: How are Roth earnings calculated for recharacterizations?
Replies: 28
Views: 1120

### Re: How are Roth earnings calculated for recharacterizations?

Gains are prorated--that's tax law, not Vanguard rules. So it doesn't matter if the 2018 contribution went to Total Bond and the 2019 contribution went to Total Stock, or vice-versa. The \$5,000 in contributions owns some percentage of the gains in the entire account, and it is Vanguard's problem to ...
Sun Feb 17, 2019 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: TLH... Holding period not met for LTCG distributions...How to report?
Replies: 16
Views: 988

### Re: TLH... Holding period not met for LTCG distributions...How to report?

I don't read anything there that would change things for VHCAX since it is not a REIT nor tax-exempt muni fund. You must be reading something else, because that passage makes it quite plain that it applies to all mutual funds, including VHCAX. OP, here's an example: You buy 100 shares of Fund X @ \$...
Sat Feb 16, 2019 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Dividend holding period not met… simple QDI tax math/understanding correct?
Replies: 28
Views: 1011

### Re: Dividend holding period not met… simple QDI tax math/understanding correct?

I agree and your logic follows. What doesn't seem logical is this CG topic does not seem to be discussed on this forum. It's at least as significant as the QDI issue. You might be surprised. A stereotypical Boglehead with a taxable account only owns Vanguard index funds (or ETFs) in that account. W...
Sat Feb 16, 2019 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Dividend holding period not met… simple QDI tax math/understanding correct?
Replies: 28
Views: 1011

### Re: Dividend holding period not met… simple QDI tax math/understanding correct?

(But only our broker could know which distributions contained QDI, and which did not.) Not your broker, but the fund/ETF sponsor could know. One's broker only passes on the info from the sponsor. Some sponsors do actually show the breakdown for each of the quarterly distributions. Vanguard does not...
Wed Feb 13, 2019 1:39 pm
Forum: Investing - Theory, News & General
Topic: is rebalancing loosely akin to market timing?
Replies: 60
Views: 2942

### Re: is rebalancing loosely akin to market timing?

"Rebalancing is Market Timing" or worse, "Everything is Market Timing" are useless reductionisms. Unless your objective is FUD. In any case, asking whether rebalancing is market timing is the wrong question and encourages posts from those who prefer to spend their time here arguing and scoring point...
Fri Feb 08, 2019 9:35 am
Forum: Investing - Theory, News & General
Topic: Episode 006: "Bogleheads on Investing" with guest Dan Egan
Replies: 26
Views: 3375

### Re: Episode 006: "Bogleheads on Investing" with guest Dan Egan

Episode 007 should be about bonds.
Thu Jan 31, 2019 5:56 pm
Forum: Personal Investments
Topic: 2018 foreign tax credit forecast
Replies: 6
Views: 921

### Re: 2018 foreign tax credit forecast

This year our foreign tax credit of our mutual funds is \$710. Since it exceeds \$600 (=2 x \$300) for a joint return,we cannot skip Form 1116 to get a full credit and/or carryover. Are we allowed to claim \$600 foreign tax credit without filing the Form 1116, by giving up a \$110 (\$710-\$600) ? This was...
Sun Jan 27, 2019 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 114
Views: 16341

### Re: Unpleasant surprise 2018 Federal Tax - high level overview?

Once I complete my 2018 taxes, I plan on opening TurboTax 2017 and inputting all the numbers to see the truth - what's my difference in Federal Tax between the prior tax rules and the new ones. My expectation is that I will be paying more. A simpler way is to view your tax history after you have en...
Fri Jan 25, 2019 4:19 pm
Forum: Investing - Theory, News & General
Topic: The problem with TLH...
Replies: 31
Views: 2343

### Re: The problem with TLH...

If you really don't want to be "stuck", then use your tax-advantaged accounts to your advantage. Sell for a loss in taxable, put the proceeds in money market. In an IRA, sell fixed income and buy a replacement that is not substantially identical. After 30 days, buy the original back in taxable and ...
Wed Jan 23, 2019 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Ignore small amount of post-tax contributions in Traditional/Rollover IRA?
Replies: 2
Views: 229

### Re: Ignore small amount of post-tax contributions in Traditional/Rollover IRA?

If I had filed forms 8606, it seems I could get a tiny break on tax on my yearly RMDs, but I didn’t save my ancient tax returns . And due to 2018 tax law, now that I am old enough, I am donating my RMD’s to charity. Typically, treating your basis as zero when it isn't can only increase your taxes. ...
Tue Jan 22, 2019 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax 2018 Forms Now Online
Replies: 65
Views: 4747

### Re: Vanguard Tax Forms Now Online

Can those of you who have 2018 tax forms tell us the final qualified dividend percentage for Vanguard Total Stock? Vanguard Total International (VTIAX) is 74.58% for me. The QDI percentage for Total Stock is 94.01%. I don't have my 1099-DIV yet, but you can figure this out and a lot more if you are...
Sun Jan 20, 2019 2:56 pm
Forum: Investing - Theory, News & General
Topic: Predicting future Exp. Ratio changes on Vanguard funds...
Replies: 20
Views: 1577

### Re: Predicting future Exp. Ratio changes on Vanguard funds...

[OT comment removed by admin LadyGeek] For example, some might find it interesting or useful to learn that you can get advanced notice of changes in ER for Vanguard funds by monitoring the Semi-Annual and Annual Reports. The ER experienced by the fund in the previous year, which is something that a...
Sun Jan 20, 2019 10:07 am
Forum: Investing - Theory, News & General
Topic: A Roth In Plan conversion is now available to me.
Replies: 5
Views: 739

### Re: A Roth In Plan conversion is now available to me.

2) To me, for the future I don't foresee the need to look into Roth rollovers if I can do an in-plan conversion at any time, but maybe I am missing something. The 457 plan has good funds & expenses, and age withdrawal restrictions shouldn't come into play, so why go through the extra steps of a rol...
Mon Jan 14, 2019 1:00 pm
Forum: Investing - Theory, News & General
Topic: Why No Mid-Cap TIAA Index Fund?
Replies: 6
Views: 445

### Re: Why No Mid-Cap TIAA Index Fund?

Any rationale for TIAA to not offer index fund(s) that more directly complement or cover market capitalization? 1. Well, back in the day, TIAA had index funds targeting all 9 of the morningstar style boxes. (Except maybe large cap blend, which you could argue as being covered by the 500 index fund....
Fri Jan 11, 2019 3:24 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 188
Views: 20020

### Re: Around 43K in dividends last year - feel good about it ?

Yes, the livesoft comment is nonsense. Having \$14K in taxable dividends is, by itself, nothing to feel bad (or good) about. Nor is paying tax on taxable dividends. Not following. OP should feel bad about receiving dividends, as should anyone. Not that it's his fault for receiving dividends, or that...
Fri Jan 11, 2019 3:16 pm
Forum: Investing - Theory, News & General
Topic: Are index fund managers forced to sell stocks when incurring greater trading?
Replies: 28
Views: 2081

### Re: Are index fund managers forced to sell stocks when incurring greater trading?

Does this put index funds at a major disadvantage vs. ETFs? Go look at the data. Look at the actual real-world results. The blue line is an S&P 500 index fund, the Fidelity 500 Index Fund, FXAIX. (I am deliberately not using Vanguard products, so that I don't go down any rabbit holes about Vanguard...
Fri Jan 11, 2019 3:02 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 188
Views: 20020

### Re: Around 43K in dividends last year - feel good about it ?

You should feel terrible about the \$14K in taxable dividends. Terrible? Seriously? Sometimes I think some people on this forum live in an alternate universe. You should feel proud. That is an excellent accomplishment. Your total dividends is more than my annual salary. Keep up the good work. Agree ...
Tue Jan 08, 2019 12:05 pm
Forum: Investing - Theory, News & General
Topic: Differences between Short-term and Long-term Capital Losses
Replies: 3
Views: 455

### Re: Differences between Short-term and Long-term Capital Losses

I'm having a difficult time understanding the differences between implications of having short-term vs. long-term losses . Can you recommend a webpage that provides descriptions of how the two differ? My recommendation is to unravel the line by line instructions for Schedule D, which is where it pl...
Tue Jan 08, 2019 11:05 am
Forum: Investing - Theory, News & General
Topic: What am I missing?
Replies: 4
Views: 1182

### Re: What am I missing?

I often move cash around between institutions, such as from Ally Bank to Vanguard etc. It seems when I do so, particularly at Vanguard, I start earning interest on the money the day I put the order in. But the money doesn't exit Ally Bank for a couple of days. Am I actually earning interest in both...
Sat Jan 05, 2019 1:07 pm
Forum: Personal Investments
Topic: Backdoor Roth and TIRA with dividends
Replies: 4
Views: 396

### Re: Backdoor Roth and TIRA with dividends

My wife has a Traditional Rollover IRA account that has the traditional 401K contributions that she brought from a previous employer. (\$40,000) We made no further contributions into this Rollover IRA I had started a new Traditional IRA with non-deductible contribution of \$5500 and did the ROTH conv...
Thu Jan 03, 2019 10:07 pm
Forum: Personal Investments
Topic: Why large cap index fund is more tax efficient than Small cap index fund ?
Replies: 4
Views: 567

### Re: Why large cap index fund is more tax efficient than Small cap index fund ?

Please help me understand why the large cap index fund is more tax efficient than small cap index funds in a taxable account? For example, VSMAX(Vanguard small cap index admiral) versus VFIAX(Vanguard 500 index admiral). Looks like Both have pretty much zero short term/long term capital gains. Look...
Wed Jan 02, 2019 10:23 am
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 160
Views: 8479

### Re: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?

Math and history says you should. Agreed. I will be doing it tomorrow. You have that exactly backwards. Math and history says that sitting on a lump of cash waiting for January 2 to arrive is worse than investing cash whenever you have cash to invest. You can invest \$6,000 or \$600,000 on any day th...
Tue Jan 01, 2019 4:21 pm
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 160
Views: 8479

### Re: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?

Math and history says you should. Agreed. I will be doing it tomorrow. You have that exactly backwards. Math and history says that sitting on a lump of cash waiting for January 2 to arrive is worse than investing cash whenever you have cash to invest. You can invest \$6,000 or \$600,000 on any day th...
Mon Dec 31, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: Annuities objectively considered
Replies: 111
Views: 7698

### Re: Annuities objectively considered

...As far as I know, TIAA does not offer an SPIA as such. The "lifetime contracts" are still a kind of variable annuity, with payouts determined by growth of the different "vintages" in one's TIAA Traditional account. That means there isn't any obvious way to make an apples-to-apple comparison betw...
Fri Dec 21, 2018 9:33 pm
Forum: Personal Investments
Topic: mutiple overlapping wash sales triggered by wife's roth
Replies: 2
Views: 469

### Re: mutiple overlapping wash sales triggered by wife's roth

If all the accounts were taxable, not IRA, it would depend on how old the oldest 20 shares sold on 12/15 were. The loss on those 20 shares is acquired by the 20 replacement shares. The replacement shares also acquire the purchase date of those 20 oldest shares. They no longer have a purchase date of...
Fri Dec 21, 2018 8:31 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4473
Views: 1155337

### Re: What Movie Have You Recently Watched?

Five stars for Springsteen on Broadway, on Netflix.

This is a film of his final broadway show. A capitivating mix of storytelling and songs. Much funnier and with much more emotional depth than I expected.
Thu Dec 20, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Should I TLH now if I have no state tax?
Replies: 4
Views: 603

### Re: Should I TLH now if I have no state tax?

For example, suppose I have \$50K in capital losses this year and at least that much in capital gains. For federal tax purposes, I would apply the entire loss this year, right? Yes. It's important to understand that once you've realized gains or losses, you have no options about how to use them: rea...
Wed Dec 19, 2018 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Should I TLH now if I have no state tax?
Replies: 4
Views: 603

### Re: Should I TLH now if I have no state tax?

Let's say your absence covers exactly 2 tax years. I will also assume that you have no carryover losses now, and will not need to realize capital gains in these 2 years. Your first \$6K of harvested losses will reduce your Federal taxes for the next two years, in exchange for having to pay LTCG rates...
Tue Dec 18, 2018 9:37 am
Forum: Investing - Theory, News & General
Topic: Are harvesters investing their tax savings when they TLH?
Replies: 5
Views: 495

### Re: Are harvesters investing their tax savings when they TLH?

Looks like a question about mental accounting. For someone who budgets exactly \$X or Y% of gross per year for investing, and spends the rest, TLH allows them to spend more. But for someone whose spending is decoupled from income, any tax-saving strategy has no effect on spending. The taxes saved get...
Mon Dec 03, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Loss Harvesting with Vanguard Short Term Investment Grade Bond Fund Admiral
Replies: 5
Views: 484

### Re: Tax Loss Harvesting with Vanguard Short Term Investment Grade Bond Fund Admiral

3. The benefit: \$3,000 x 22% marginal tax bracket =\$660.00. This can be used to offset my 2018 tax. 4. Benefit to me is reduced by the yield difference of the substitute bond fund: VFSUX: 150,000 x 3.44% = \$5,160/12 =\$430.00 for one month. VSGDX: 150,000 x 2.78% = \$4,170/12 = \$347.50 for one month....
Mon Dec 03, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: "When's the Right Time to Take RMDs?" – (Christine Benz's Latest Column)
Replies: 45
Views: 7461

### Re: "When's the Right Time to Take RMDs?" – (Christine Benz's Latest Column)

If I turn 70.5 on Nov. 30 and my RMD for that year is \$120k. I want to do a \$10k QCD for that year thus my taxable RMD will be \$110k (\$120k-\$10k) for that year. If I start doing RMD withdrawals in Jan of that year at \$10k/month then by Nov. I would have fullfilled my RMD (\$10kx11=\$110k) and the Dec...