Search found 18 matches

by rory535
Sat Oct 29, 2011 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Re: Portfolio help especially cash value

retiredjg - Cant thank you enough for the detailed recommendations and the patience in helping me out. Bob too. Great site and members. :sharebeer I will follow these recommendations then. Couple questions, so the Rollover IRA I have, that just needs to sit there without contributing into it correct...
by rory535
Sat Oct 29, 2011 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Re: Portfolio help especially cash value

1) How much money is in the taxable account after you take out $25k for the loan and $5k for Her Roth IRA $180 000 2) How much money is in His Rollover? $63 000 3) How much money is in His 401k? $61 000 4) How much money is in Her 401a? $81 000 5) How much money is in Her 457? $0 6) How much money i...
by rory535
Sat Oct 29, 2011 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Re: Portfolio help especially cash value

Taxable (after removing $25k for the loan, and $5k Her Roth) = 46% Cash His rollover - 15% His 401k - 16% - $14 924 ($22 360 including employer contr.) annually Her 401a - 20% - $6058 ($14 325 including employer contr.) annually Her 457 - 1% - $4000 annually Her Roth - 1% - $5000 annually The first ...
by rory535
Sat Oct 29, 2011 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Re: Portfolio help especially cash value

With this in mind, please check again on your eligibility for Roth IRA. Yes, we are still eligible. Taxable (after removing $25k for the loan, and $5k Her Roth) = 46% Cash His Rollover - 16% His 401k - 16% Her 401a - 21% Her 457 - 0% Nothing in here yet, but will be contributing +-$4000 annually We...
by rory535
Fri Oct 28, 2011 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Re: Portfolio help especially cash value

Make sure you are looking at MAGI (modified AGI) when considering Roth eligibility:
Yes, all should be good here.
by rory535
Fri Oct 28, 2011 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Re: Portfolio help especially cash value

You keep saying "cash value". It's just plain cash, right? Yes, plain cash. Have you determined if you are eligible to contribute directly to Roth IRA? That has to be answered first. Yes, as I had been looking at last years tax return where we fell just outside the allowed limits, but we had just i...
by rory535
Fri Oct 28, 2011 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Re: Portfolio help especially cash value

So could a Roth IRA be opened, funded with the cash value and then be put into the Iternational and Total Stock market index funds? You may have been implying this all along but wasnt sure.
by rory535
Fri Oct 28, 2011 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Re: Portfolio help especially cash value

Thasnk ritiredjd. Its gonna take some time to find out those ER's as I have to go into each fund individually. Her 457 funds available are the same as her 401a's. Yes, I want that cash vale to be put towards retirement and if some was needed for an extra downpayment on another house in the future, w...
by rory535
Fri Oct 28, 2011 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Re: Portfolio help especially cash value

Bob - I also realized I was looking at my last years tax return AGI and this year I increased my 401K contribution by $400 p/month, so we should qualify for Roth IRA's? My wife is maxed out in her 401(a) and apparently she can contribute more into a 457(b) plan. So we could put an extra $300 into th...
by rory535
Thu Oct 27, 2011 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Re: Portfolio help especially cash value

Several points of confusion: Do you mean you are $1,000 - $2,000 above the top of the phaseout? Yes, our AGI is $171K, so hence the statement. Fourth, do you say "Roth IRA for the wife" because you've already made a non-deductible contribution to your rollover IRA for the year? Yes, I made a contri...
by rory535
Thu Oct 27, 2011 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Re: Portfolio help especially cash value

Yes we are $1000 - $2000 away from it. Oh and I just remembered, last month we started contributing $500 p/month to a 529 plan, so that should do it.
So...Roth IRA for the wife then.
by rory535
Thu Oct 27, 2011 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Re: Portfolio help especially cash value

Yes, you are correct, we do fall in the 25% tax bracket.
I didnt think we were eligible for Roth as our AGI is above the limit allowed.
I do contribute the $5000 yearly to my Rollover IRA. But this still leaves the begging question on how to invest that cash value??
Thanks for the reply.
by rory535
Wed Oct 26, 2011 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help especially cash value
Replies: 31
Views: 1411

Portfolio help especially cash value

Emergency funds = 6 month’s worth of expenses. Debt: $25000 left on a school loan at 6% interest. Tax Filing Status: Married filing Jointly. Tax Rate: 28% Federal 4.6% State - CO Age: Him – 45 Her - 37 Desired Asset allocation: (70/30) Intl allocation: ? of stocks Current portfolio: 420 000 Taxable ...
by rory535
Wed Oct 19, 2011 1:25 pm
Forum: Forum Issues and Administration
Topic: Search functionality
Replies: 5
Views: 995

Re: Search functionality

Thank you sir!
by rory535
Wed Oct 19, 2011 11:27 am
Forum: Forum Issues and Administration
Topic: Search functionality
Replies: 5
Views: 995

Search functionality

Is it just me or is this forum software bad at searching? I put in "cash" and it comes up with 13 messages and if I choose the "Investing" forum, only 3? Really? I can see several it is not picking up.
Is it maybe only searching those within a certain timeframe?
by rory535
Sun Sep 25, 2011 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advisor or do it ourselves
Replies: 20
Views: 2977

Wow, thanks guys for the advice. Let me break that down in what he told me...... .6% is the expense ratio fees of those investments and then he gets the other 1%.
by rory535
Sun Sep 25, 2011 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advisor or do it ourselves
Replies: 20
Views: 2977

Investment Advisor or do it ourselves

So after a couple of meetings with a financial investor, he has given us valuable topics on life insurance, kids college fund and 401k/Cash account investing etc. He is looking to get us into a combined Avatar/Vanguard portfolio investment for our cash account. To oversee our accounts and investing,...
by rory535
Wed Mar 09, 2011 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for investing my cash
Replies: 3
Views: 856

Advice for investing my cash

All - Im a real novice at investing and whilst I have my 401k distributed according to the Vanguard Target Retirement 2030 Fund , Im at a little of a loss what to do with my money that is basically sitting in a savings account. ( I know this is bad bad, but I didnt know if I was going to need it sho...