Search found 7474 matches

by Laura
Sat Jan 10, 2015 11:26 pm
Forum: Personal Investments
Topic: Newbie - Need high level assessment and suggestions
Replies: 15
Views: 1680

Re: Newbie - Need high level assessment and suggestions

Bump. This disappeared several pages down.

Laura
by Laura
Sat Jan 10, 2015 8:09 pm
Forum: Personal Investments
Topic: CD's beat bond funds?
Replies: 9
Views: 2236

Re: CD's beat bond funds?

Bump.

Laura
by Laura
Sat Jan 10, 2015 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Issues with employer contributions to accounts
Replies: 6
Views: 1110

Re: Issues with employer contributions to accounts

Bump up so the experts can answer.

Laura
by Laura
Tue Jan 06, 2015 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonably priced personal finance _textbook_
Replies: 11
Views: 1575

Re: Reasonably priced personal finance _textbook_

If you can get past the name there is now a Personal Finance in your 20s for Dummies book.

Laura
by Laura
Tue Jan 06, 2015 10:29 pm
Forum: Personal Investments
Topic: Retirement Accounts Advice...
Replies: 10
Views: 2092

Re: Retirement Accounts Advice...

Please use the edit button on your original post to include the fund names per account. What are the options in your new 401k and how much money will you be adding to each account each year, including matching funds? Everything should blend together so your new 401k is very important.

Laura
by Laura
Tue Jan 06, 2015 10:27 pm
Forum: Personal Investments
Topic: Retirement Investment Advice 56/50
Replies: 12
Views: 2410

Re: Retirement Investment Advice 56/50

I believe you pay both the net asset fee and the expense ratio for any fund you choose. That makes these investments very expensive. I still don't know the cost of the Target Retirement fund in your 401k but it is probably somewhere close to the others or a little more. The easiest way to set this u...
by Laura
Tue Jan 06, 2015 9:38 pm
Forum: Personal Investments
Topic: Retirement Investment Advice 56/50
Replies: 12
Views: 2410

Re: Retirement Investment Advice 56/50

Well I was wrong about the expense ratio being the key factor. You have another charge on top of that which makes everything much higher cost. Can you tell me what the red percentage represents? Is this the annualized expense? Vngrd Smcap Indx Inv (0.21%) 8.29% 22.19% 14.98% 8.64% N/A N/A 0.24% 0.97...
by Laura
Tue Jan 06, 2015 9:34 pm
Forum: Personal Investments
Topic: Need help setting up my 401K
Replies: 13
Views: 2240

Re: Need help setting up my 401K

For $1000 I would get rid of this thing. There should be no fees at tax time since this is inside an IRA. I would call the annuity company tomorrow and ask them how much money would transfer to another company inside your IRA if you did that tomorrow. That should help you figure out the costs. Then ...
by Laura
Tue Jan 06, 2015 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Refund For Principle on House
Replies: 12
Views: 1697

Re: Tax Refund For Principle on House

Good choice to wait. Just keep focused on that debt. It will get easier over time.

Laura
by Laura
Tue Jan 06, 2015 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Business Account
Replies: 2
Views: 775

Re: Business Account

Is this for a retirement plan or something else?

Laura
by Laura
Tue Jan 06, 2015 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Medicaid and Roth Conversion / Gain Harvesting?
Replies: 23
Views: 4032

Re: Medicaid and Roth Conversion / Gain Harvesting?

Bumping up so you can get an answer.

Laura
by Laura
Tue Jan 06, 2015 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to buy a home?
Replies: 48
Views: 5569

Re: Can we afford to buy a home?

I think you will be pushing the limits. You are not taking full advantage of retirement accounts and are stretched with current debt payments. I would not take on extra debt for the house and would keep saving until you can put down much more to get that monthly payment down to an amount that allows...
by Laura
Tue Jan 06, 2015 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Novice needs help understanding ING Annuity
Replies: 27
Views: 8786

Re: Novice needs help understanding ING Annuity

Bumping this up so an annuity expert can help you out.

Laura
by Laura
Tue Jan 06, 2015 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonably priced personal finance _textbook_
Replies: 11
Views: 1575

Re: Reasonably priced personal finance _textbook_

I would look into copies of Personal Finance for Dummies. Kids need to start with the basics before worrying about investing. How many times have we seen posters arrive here with huge amounts of high cots student debt, car loans, credit card debt, and a house loan but ready to invest in an aggressiv...
by Laura
Tue Jan 06, 2015 8:44 pm
Forum: Personal Investments
Topic: Took new job; Need help w/ 401k rollover & portfolio review
Replies: 2
Views: 966

Re: Took new job; Need help w/ 401k rollover & portfolio rev

You didn't tell us the total money going into the 401k so for this example I assumed $22k ($18k from you and $4k from employer). You may also want to consider converting the "her rollover" to a roth to eliminate that small account. You could do some of it this year and some of it next year to spread...
by Laura
Tue Jan 06, 2015 8:31 pm
Forum: Personal Investments
Topic: Preferred Stock ETF question
Replies: 6
Views: 1310

Re: Preferred Stock ETF question

Bump so someone can answer.

Laura
by Laura
Tue Jan 06, 2015 8:27 pm
Forum: Personal Investments
Topic: which way to split funds across accounts? (sanity check)
Replies: 4
Views: 882

Re: which way to split funds across accounts? (sanity check)

Option A would be my choice in order to keep bonds out of the roth. The opportunity for more tax free growth using an international fund compared to a bond fund makes that my top choice.

Laura
by Laura
Tue Jan 06, 2015 8:24 pm
Forum: Personal Investments
Topic: Portfolio review for a fed
Replies: 3
Views: 944

Re: Portfolio review for a fed

Hi zad80, Welcome to the forum. Your portfolio is very nice but there are a few things I could suggest. Let me see if I can answer your questions. 1. I know this topic has been discussed before, but for our situation, does anyone have any recommendations as to whether I should shift the bond allocat...
by Laura
Tue Jan 06, 2015 8:03 pm
Forum: Personal Investments
Topic: Pension - Roth TSP vs Traditional TSP
Replies: 10
Views: 1561

Re: Pension - Roth TSP vs Traditional TSP

I also use traditional because it keeps me roth eligible for a while longer. The lower tax bracket is an added advantage.

Laura
by Laura
Tue Jan 06, 2015 8:00 pm
Forum: Personal Investments
Topic: V's New Brokerage Acc'ts: a caution on settlement time
Replies: 2
Views: 872

Re: V's New Brokerage Acc'ts: a caution on settlement time

Thanks for posting the information.

Laura
by Laura
Tue Jan 06, 2015 7:57 pm
Forum: Personal Investments
Topic: 35yo Small Business Owner ready to start investing, finally!
Replies: 8
Views: 2046

Re: 35yo Small Business Owner ready to start investing, fina

Greatness

The OP has employees
I've also been meaning to setup something for my employees anyway
so I don't think a solo 401k will work. A small business 401k is an option however.

Laura
by Laura
Tue Jan 06, 2015 7:46 pm
Forum: Personal Investments
Topic: Need help setting up my 401K
Replies: 13
Views: 2240

Re: Need help setting up my 401K

Normally I am 100% for simplicity and would recommending combining accounts but your 401k seems to have extremely limited options. The Vanguard Balanced index fund has an asset allocation of 60/40 US stocks and US bonds. There is no international here. You can add the developed market index for inte...
by Laura
Tue Jan 06, 2015 7:37 pm
Forum: Personal Investments
Topic: Newbie wanting help with portfolio and advisor critique
Replies: 20
Views: 3369

Re: Newbie wanting help with portfolio and advisor critique

Before cancelling the current insurance policy, make sure you have new term life insurance in place. I am assuming you are counting on the insurance portion and not just the investment portion. While working on new term life policies you can get everything ready to go and pull the trigger the day th...
by Laura
Tue Jan 06, 2015 7:31 pm
Forum: Personal Investments
Topic: Military Starter
Replies: 3
Views: 681

Re: Military Starter

Welcome to the forum and thanks for your service to the country. If you haven't seen it yet you might benefit from the Bogleheads wiki page on military finances . You do have some unique options. Your plan is fine but remember that your long term career in the military, while desired, is not guarant...
by Laura
Tue Jan 06, 2015 6:46 pm
Forum: Personal Investments
Topic: Former Student--Self Employed Business Owner with employees
Replies: 4
Views: 928

Re: Former Student--Self Employed Business Owner with employ

Vanguard offers a variety of small business plans that provide different options. He should explore these.

Laura
by Laura
Tue Jan 06, 2015 6:43 pm
Forum: Personal Investments
Topic: TSP to IRA Transfer and Conversion Help
Replies: 9
Views: 1625

Re: TSP to IRA Transfer and Conversion Help

You don't need to be able to contribute to the TSP to benefit from it. You can transfer money into the TSP account from other retirement accounts so you sort of have a way to add money. This is a huge advantage and I would not give this up. At your tax bracket doing a conversion doesn't make sense. ...
by Laura
Tue Jan 06, 2015 6:39 pm
Forum: Personal Investments
Topic: New Member - Need Help with Asset Allocation & More
Replies: 8
Views: 1538

Re: New Member - Need Help with Asset Allocation & More

Looks great. Congratulations.

Laura
by Laura
Tue Jan 06, 2015 7:58 am
Forum: Personal Investments
Topic: Newbie wanting help with portfolio and advisor critique
Replies: 20
Views: 3369

Re: Newbie wanting help with portfolio and advisor critique

Sam, I suggest stopping the insurance investing and temporarily redirecting your money into a savings account. If you decide you want to continue with the life insurance just take the money out of the savings account and put it into the insurance later. This keeps you from locking up more money that...
by Laura
Tue Jan 06, 2015 7:48 am
Forum: Personal Investments
Topic: After Tax Account - What kind?
Replies: 4
Views: 918

Re: After Tax Account - What kind?

You an also consider a HSA (health savings account) if you have that type of insurance plan available.

Laura
by Laura
Tue Jan 06, 2015 12:50 am
Forum: Personal Investments
Topic: After Tax Account - What kind?
Replies: 4
Views: 918

Re: After Tax Account - What kind?

If you are already maximizing contributions to your 401k, your spouse's 401k (if there is one), and a roth for each of you, then the next investment is a taxable account. This can be joint or individual but you would want to focus on holding only tax efficient funds inside this account. The principl...
by Laura
Tue Jan 06, 2015 12:34 am
Forum: Personal Finance (Not Investing)
Topic: Not sure about Inlaws' Financial Advisor. What ?s to ask?
Replies: 12
Views: 1857

Re: Not sure about Inlaws' Financial Advisor. What ?s to ask

Annuities are usually very expensive and make terrible investments for most people. There are few exceptions. It sounds like your in-laws may have a bit of a problem. I think what I might do in this case is find a good financial adviser who follows the Boglehead principles and pay for them to spend ...
by Laura
Tue Jan 06, 2015 12:10 am
Forum: Personal Investments
Topic: Am I on the right track to being financially wealthy?
Replies: 51
Views: 11548

Re: Am I on the right track to being financially wealthy?

That looks fine but make sure you are ready for volatility. It will act like a portfolio with 90% stocks inside. If you can tolerate the downside swings which can be huge (40% or more) you can use this. Alternatively, ignore the date and select the fund with the asset allocation that most closely ma...
by Laura
Tue Jan 06, 2015 12:04 am
Forum: Personal Investments
Topic: Am I on the right track to being financially wealthy?
Replies: 51
Views: 11548

Re: Am I on the right track to being financially wealthy?

Your Retirement fund options also have a very low cost. I would select the year that has the asset allocation that most closely matches your target split between stocks and bonds. Here is a table offered by Larry Swedroe based on the 1970s bear market showing the amount of decline for various stock/...
by Laura
Mon Jan 05, 2015 11:43 pm
Forum: Personal Investments
Topic: New to forum - looking to make some changes
Replies: 5
Views: 905

Re: New to forum - looking to make some changes

I realize I didn't explain why. The Vanguard Total Intl Stock Market (TiSM) fund has both developed and emerging markets. The TSP I fund is developed markets only. It is fine if that is all you have but the TISM fund is slightly better.

Laura
by Laura
Mon Jan 05, 2015 11:40 pm
Forum: Personal Investments
Topic: Tips for a young investor
Replies: 6
Views: 1059

Re: Tips for a young investor

The general rule of thumb for investing money needed in: 1-5 years keep it in cash 5-10 years use bonds 10+ years use equities In your situation I would do something a little unusual since the money in your taxable account will be needed in 5 years or so for some undefined purpose. taxable Vanguard ...
by Laura
Mon Jan 05, 2015 11:34 pm
Forum: Personal Investments
Topic: Help with investments of in-laws
Replies: 7
Views: 1379

Re: Help with investments of in-laws

I am in no way an expert and would suggest a lawyer with expertise in these matters but I found this article from a source of unknown quality. NoLo, an excellent website, says something similar. It seems this could be a good option.

Laura
by Laura
Mon Jan 05, 2015 11:29 pm
Forum: Personal Investments
Topic: Am I on the right track to being financially wealthy?
Replies: 51
Views: 11548

Re: Am I on the right track to being financially wealthy?

Can you add the expense ratio of all of those funds? It seems you have some good options. Take a close look at those Retirement funds with dates. Those usually are great choices although it depends on the costs. With a small portfolio, costs are not nearly as critical as your savings rate. Every dol...
by Laura
Mon Jan 05, 2015 11:25 pm
Forum: Personal Investments
Topic: 35yo Small Business Owner ready to start investing, finally!
Replies: 8
Views: 2046

Re: 35yo Small Business Owner ready to start investing, fina

Look to Vanguard small business plans for your solution. Talking with your CPA is fine but don't let them direct you toward a provider. Use the low cost small business plans with Vanguard and have your CPA help you set this up appropriately. You want to shelter all of your money so the idea of taxab...
by Laura
Mon Jan 05, 2015 11:09 pm
Forum: Personal Investments
Topic: What to do with my Vanguard Roth IRA?
Replies: 12
Views: 2006

Re: What to do with my Vanguard Roth IRA?

I am very confused about what you actually have. Could you look at Investment Planning and Asking Portfolio Questions and post the requested information in the standard format? You will then receive many helpful comments.

Laura
by Laura
Mon Jan 05, 2015 11:08 pm
Forum: Personal Investments
Topic: TSP or Unmatched 401K
Replies: 8
Views: 1037

Re: TSP or Unmatched 401K

Maximize the TSP before using the 401k with no match.

Laura
by Laura
Mon Jan 05, 2015 10:45 pm
Forum: Personal Investments
Topic: New to forum - looking to make some changes
Replies: 5
Views: 905

Re: New to forum - looking to make some changes

With money going into your taxable accounts as well I would suggest skipping the TSP I fund to the extent possible. That fund has developed markets only. Instead, direct all of the international money toward your taxable account and the roth. Only if you still need extra to meet your target asset al...
by Laura
Mon Jan 05, 2015 10:41 pm
Forum: Personal Investments
Topic: Am I on the right track to being financially wealthy?
Replies: 51
Views: 11548

Re: Am I on the right track to being financially wealthy?

The roth could be right for many people but in your situation I strongly urge you to go back to the traditional 401k. Why? The traditional 401k reduces your taxable income meaning you pay less tax to the IRS and have more money for you. Because you have debts you need to reduce your tax to increase ...
by Laura
Mon Jan 05, 2015 10:35 pm
Forum: Personal Investments
Topic: Finally starting, what do you think of my plan?
Replies: 11
Views: 1986

Re: Finally starting, what do you think of my plan?

Yes, call Vanguard or go online and they can do the paperwork to pull the money out of Betterment and directly to them.

I thought Betterment had changed but then thought I had missed another change back to the high fees. Glad it was a typo.

Laura
by Laura
Mon Jan 05, 2015 10:34 pm
Forum: Personal Investments
Topic: Reconfiguring entire portfolio - another set of eyes?
Replies: 6
Views: 1372

Re: Reconfiguring entire portfolio - another set of eyes?

If you have a traditional IRA and want to convert it to a roth you pay tax on your contributions and all gains at your normal income tax rate. So, if you have a $70k rollover IRA and want to convert it to a roth, you would pay $23,100 in federal taxes and probably another $4200 in state taxes. This ...
by Laura
Mon Jan 05, 2015 10:19 pm
Forum: Personal Investments
Topic: Finally starting, what do you think of my plan?
Replies: 11
Views: 1986

Re: Finally starting, what do you think of my plan?

This is actually another reason to switch in my opinion. They lock you in and make it very difficult to change. I would still go ahead and get it done. I don't know if they allow a custodian to custodian transfer or if you need to take the money then send it to Vanguard. If you have to take the mone...
by Laura
Mon Jan 05, 2015 10:11 pm
Forum: Personal Investments
Topic: Need help setting up my 401K
Replies: 13
Views: 2240

Re: Need help setting up my 401K

Yes, it is likely that March is the day so if you wait until March 22 you might be able to reduce the fees a little. Do you see anything in the document talking about surrender fees? These are often couched as 1% for each year so perhaps starting at 10% the first year, 9% the second year, 8% the thi...
by Laura
Mon Jan 05, 2015 10:09 pm
Forum: Personal Investments
Topic: Preparing your assets for your inheritors, simplify?
Replies: 9
Views: 1897

Re: Preparing your assets for your inheritors, simplify?

My vote would be no, you don't leave this for your wife to handle and assume that she will get it. If those warning signs come along just as she is dealing with your death and not at all focused on investments she will surely miss them. I don't see that the possibility of this fund outperforming ove...
by Laura
Mon Jan 05, 2015 10:05 pm
Forum: Personal Investments
Topic: Retirement Investment Advice 56/50
Replies: 12
Views: 2410

Re: Retirement Investment Advice 56/50

Thanks for digging this all up. I know it feels overwhelming but this is all very useful. Let's see if I can clarify what you have now: $25k taxable investing $37k his 401k $60k his rollover IRA at Wells Fargo $50k his roth IRA (at Vanguard?) $19k traditional IRA at a bank $19.5k her two old 403bs $...
by Laura
Mon Jan 05, 2015 9:46 pm
Forum: Personal Investments
Topic: Newbie wanting help with portfolio and advisor critique
Replies: 20
Views: 3369

Re: Newbie wanting help with portfolio and advisor critique

Hi Sam, Sadly I don't think your adviser is helping you as much as he is helping himself. He has you in high cost funds with a 1% AUM on top of that. He also sold you an insurance policy as an investment vehicle. Again, he made a lot of money off of that sale but it is costing you a lot in high cost...
by Laura
Mon Jan 05, 2015 8:39 pm
Forum: Personal Investments
Topic: Need help setting up my 401K
Replies: 13
Views: 2240

Re: Need help setting up my 401K

I am fairly certain you can move the IRA to Vanguard and the annuity will be eliminated. There may be a cost you end up paying to the annuity company to get out of the annuity but with those high costs it would be a good idea anyway. Annuities inside IRAs as investment vehicles are almost criminal. ...