Search found 446 matches

by TBillT
Thu Dec 13, 2018 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Should I replace PIMCO Income Fund with an intermediate-term Treasury fund?
Replies: 13
Views: 1399

Re: Should I replace PIMCO Income Fund with an intermediate-term Treasury fund?

I hold PIMIX (or PONAX formerly PONDX) in Fidelity. I find that the growth cruve closely matches Wellesley VWINX, so in Fidelity that is my clone to VWINX. If the performance fell too much below VWINX, that would be a clue to me.
by TBillT
Wed Dec 12, 2018 10:18 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 352
Views: 19770

Re: What are your property taxes?

Sounds like property tax is not really Ca.'s big problem. I pay $7000 in northern Virginia for a typical suburban house, much smaller than the San Diego case above. But that does not count our *other* property tax CAR TAX If you buy a new $40k+ car in NoVA, you will be owing 5% per year on the value...
by TBillT
Mon Dec 10, 2018 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring in 2 weeks, Traditional 401k
Replies: 99
Views: 6883

Re: Retiring in 2 weeks, Traditional 401k

My spouse has a T Rowe Price 401k and we had the T Rowe Price Stable Value Fund (SVF) which is a consevative safe 2.2% right now. We kept the 401K because for some years, money market funds were paying zero. Now we are ready to roll it over to IRA probably Fidelity because money market funds are now...
by TBillT
Mon Dec 10, 2018 10:48 am
Forum: Local Chapters and Bogleheads Community
Topic: December 9 DC Bogleheads Meeting with Stephen Goss, Chief Actuary of Soc Security
Replies: 28
Views: 3293

Re: December 9 DC Bogleheads Meeting with Stephen Goss, Chief Actuary of Soc Security

Great seminar...great attendance for the Holiday season.
I attended for the first time.
by TBillT
Mon Dec 10, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellesly Income
Replies: 45
Views: 5667

Re: Vanguard Wellesly Income

I am a VWINX fan but in Fido I often substitute with PONAX which has very similar growth chart.
by TBillT
Thu Dec 06, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Tax withholding for Roth Conversion
Replies: 6
Views: 508

Re: Tax withholding for Roth Conversion

I am considering a large Roth conversion this month but I do not want to incur a penalty for under-withholding. A Fidelity rep told me that there would be no penalty and the conversion does not count in the calculation. However, in a sidebar in the latest edition of Kiplinger's Retirement Report, i...
by TBillT
Sat Dec 01, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: social security SSA44
Replies: 6
Views: 843

Re: social security SSA44

Me too I had bumped myself up one IRMAA notch due to some 401K NUA stock sales, so this year I have the higher fee. But should go down next couple years and my spouse should get the lower base fee (waiting to see on that...curious due to Jan birthday). Decided not to contest as it was going to be ha...
by TBillT
Fri Nov 30, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Withhold/Replace Timing - Traditional to Roth Conversion
Replies: 11
Views: 648

Re: Tax Withhold/Replace Timing - Traditional to Roth Conversion

Income received later in the year can cause an underpayment in earlier quarters. The potential penalties can be mitigated by using the annualization method, however, this is complex and time consuming. Withholding from your Tira distribution is straightforward, and the 60 day rollover does not requ...
by TBillT
Thu Nov 29, 2018 12:13 am
Forum: Personal Consumer Issues
Topic: Leasing a Honda Clarity (all electric) good idea or not?
Replies: 5
Views: 594

Re: Leasing a Honda Clarity (all electric) good idea or not?

That sounds like a very good lease deal, from what I can see. There is some recent news that the 2019 Toyota Prime plug-in will come with normal 3 seats in back vs. current 2 seats. So that could qualify as a little better family car than the current Prime. But I not recommending Prime over the leas...
by TBillT
Wed Nov 28, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: Buying Used Tesla Model S? What to look for
Replies: 11
Views: 1836

Re: Buying Used Tesla Model S? What to look for

Wait, so if I buy a used Tesla in CA with an active HOV sticker, then my HOV sticker will become invalid ? Can you provide link to this HOV rule ? Thanks. It all depends on the exact year when the HOV stickers were issued to that vehicle. The HOV stickers issued 2016 and earlier are only good until...
by TBillT
Wed Nov 28, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: Buying Used Tesla Model S? What to look for
Replies: 11
Views: 1836

Re: Buying Used Tesla Model S? What to look for

Generically for Calfornia used plug-in purchases, if you are interested in the free HOV incentive, you need to understand the new HOV rules. Some Ca. people are buying out-of-state used plug-ins, which have never had Ca. HOV stickers, so in that way they can qualify for the new HOV stickers. This is...
by TBillT
Wed Nov 28, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand secondary market for treasuries
Replies: 10
Views: 877

Re: Help me understand secondary market for treasuries

The yield you actually get also depends on the quantity you buy on the secondary market. At Fidelity and Vanguard, the yield can be significantly lower if you're buying less than $100K, $200K or $500K of face value. Kevin I was not aware (at Fidelity) that buying bigger gives a better yield...typic...
by TBillT
Tue Nov 27, 2018 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Starting SS to cover Roth conversion tax
Replies: 19
Views: 1359

Re: Starting SS to cover Roth conversion tax

Yes I was going say to use Open Social Security tool, which I also found to be very helpful.
Those of us who are or will be Age 65 by 2-Jan-2019 have some different options, so the tool will sort that out for you.
In the OP I did not see the spouses age to help us help you judge the best option.
by TBillT
Mon Nov 26, 2018 9:22 pm
Forum: Personal Consumer Issues
Topic: Time to buy/lease an electric or hybrid?
Replies: 22
Views: 2866

Re: Time to buy/lease an electric or hybrid?

California's new HOV laws for plug-ins are a little crazy, but you need a plug-in, and the vehicle must not have previously had a pre-2017 HOV sticker in the past that expired in 2019. So make sure you know what you are doing. Some are getting used plug-ins from out-of-state to get around that provi...
by TBillT
Mon Nov 26, 2018 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: US govt agency bonds
Replies: 8
Views: 923

Re: US govt agency bonds

Thanks to all who have replied. ...right now broker CD's tend to look more attractive, assuming buy and hold. You mean e.g. Vanguard's New Issue CD's? And by "buy and hold" do you just mean don't sell before maturity which would incur the early withdrawal penalty? The broker CD's are just like bond...
by TBillT
Mon Nov 26, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: US govt agency bonds
Replies: 8
Views: 923

Re: US govt agency bonds

ImMerelyAMan wrote:
Sun Nov 25, 2018 11:45 pm
Yes, "the rising interest rate environment" is what concerns me. But I am retired and not looking to increase my exposure to stocks, especially now.
...right now broker CD's tend to look more attractive, assuming buy and hold.
by TBillT
Sun Nov 25, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: ride-sharing - just saying... [Check your insurance policy]
Replies: 20
Views: 2741

Re: ride-sharing - just saying...

The question that comes to my mind is the practice of "slugging" (flexible car pools) that we have in Wash DC/Virginia You can google the threads but the people that have asked their insurance company say your covered just like any other driving of friends. Access to HOV lanes isnt considered compe...
by TBillT
Sun Nov 25, 2018 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion
Replies: 50
Views: 3160

Re: Roth Conversion

Another consideration is state taxes. Virginia I have a relatively big penalty for Roth Conversion as (1) I have to pay full state tax on IRA withdrawals, and (2) I lose all of the juicy tax credits for elderly tax payers (which phase out as income increases beyond $75000). I should still probably d...
by TBillT
Sun Nov 25, 2018 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: US govt agency bonds
Replies: 8
Views: 923

Re: US govt agency bonds

Historically I have purchased quite a few of these type of agency bonds in my Fidelity IRA. Some of them are state tax free, which however does not matter much inside an IRA. Perhpas the best way to learn is start making some smaller trades. I tended to purchase a lot of bonds, with higher interest ...
by TBillT
Sun Nov 25, 2018 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: ride-sharing - just saying... [Check your insurance policy]
Replies: 20
Views: 2741

Re: ride-sharing - just saying...

The question that comes to my mind is the practice of "slugging" (flexible car pools) that we have in Wash DC/Virginia
by TBillT
Mon Nov 19, 2018 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: SS Question
Replies: 9
Views: 1130

Re: SS Question

Sounds like my situation.
Open Social Security tool (Mike Piper) gives quickly calcs this.
Looks like spouse gets spousal benefit to bring total payment as noted above to 1/2 FRA Age PIA for the other spouse
My spouses PIA is about 1/2 of my PIA anyways so I do not see much difference in my case
by TBillT
Sat Nov 17, 2018 9:44 am
Forum: Investing - Help with Personal Investments
Topic: LOST OVER $400 on CDs in 2 Weeks!
Replies: 24
Views: 4369

Re: LOST OVER $400 on CDs in 2 Weeks!

If interest rates trend down, you could also see the CD value *increase* over par. This is the nature of broker CDs, the value shifts with markert like a bond. Normally you are holding so it does not matter. It is harder to sell broker CD's because there is limited market of buyers, but I believe I ...
by TBillT
Fri Nov 16, 2018 7:07 pm
Forum: Personal Consumer Issues
Topic: Mouse in the house
Replies: 32
Views: 2205

Re: Mouse in the house

Well we have no mouse problem, but this morning I had to catch a big black snake in the house, and toss him out. It is fairly common in Virginia as the black snakes seem to like to get inside homes. Don't tell my better half please, thankfully she was out. During snake absences, we do use sticky tra...
by TBillT
Fri Nov 16, 2018 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 85
Views: 9876

Re: Amazon says TurboTax 2018 will be released November 12

https://www.fidelity.com/tax-information/turbotax-discount/overview I was looking at the Fidelity ‘discount’ page, not the not-yet-available free offer, and saw that I could “start now” and not pay until I file. Does this mean I can do all the analysis now on TurboTax and just wait to file until I ...
by TBillT
Wed Nov 14, 2018 1:56 am
Forum: Personal Consumer Issues
Topic: fuel for snowblower
Replies: 97
Views: 5453

Re: fuel for snowblower

E0 can be better for small engines. If you live in a reformulated gasoline area, then assume exactly 10% ethanol in all grades. https://www.api.org/~/media/Files/Policy/Fuels-and-Renewables/2016-Oct-RFS/US-Fuel-Requirements/US-Gasoline-Requirements-Map.pdf Outside RFG areas, could be a little less t...
by TBillT
Thu Nov 08, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 261
Views: 24708

Re: "Open Social Security" calculator: feature requests, bug reports, etc

What's confusing is when Social Security quotes the PIA for a person (eg; per the"annual" statement), often times they do not say: (1) what cost-of-livng updates were included, and (2) they do not say what the max PIA is in theory, so it's hard to interpret the numbers without re-doing all the calc...
by TBillT
Mon Nov 05, 2018 11:50 am
Forum: Investing - Help with Personal Investments
Topic: RMDs and taxes
Replies: 28
Views: 2772

Re: RMDs and taxes

We are in a somewhat similar situation, and using the toolkits referenced above for planning. This year we have the "opportunity" to convert extra to Roth, which is an anathema to me to intentionally pay more taxes now. One pain-in-the-butt is State taxes if they collect on retirement savings, so wh...
by TBillT
Mon Nov 05, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: Social Security Max Taxable Earnings
Replies: 12
Views: 1765

Re: Social Security Max Taxable Earnings

Re: PIA calc, I was surprised I am not at maximum PIA even though i paid the maximum for 36 straight years. But if you look at inflation adjusted salary that SS uses in the PIA calc, prior years like 1979 for example, only come out to $89,400 as the max compared to the $132,900 value for 2019. So ge...
by TBillT
Sat Nov 03, 2018 8:27 pm
Forum: Personal Consumer Issues
Topic: Which Prius or something else?
Replies: 25
Views: 1620

Re: Which Prius or something else?

We love our 2006 Prius. My wife thinks sedan is what cars were meant to be, so may replace with Camry hybrid. My wife highly values a trunk for package security. If it was me I'd proably get the wagon Prius v, but these are no longer sold in USA, so used car in that case. I would be getting relative...
by TBillT
Wed Oct 31, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: California municipal money market vs vanguard prime money market
Replies: 19
Views: 2468

Re: California municipal money market vs vanguard prime money market

Well if they had a Virginia Tax Free MMF that's where I would be.
Without that we are in Prime MMF, but I notice the Treasury MMF seems competitive at the moment, and we have an old account balance there.
by TBillT
Wed Oct 31, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: NUA, (Net Unrealized Appreciation), tax forms
Replies: 16
Views: 1201

Re: NUA, (Net Unrealized Appreciation), tax forms

Your situation is undoubtedly different. But I encourage to run the numbers. It is not as simple as comparing 15% to 35% and saying that it's an obvious choice. By the way, are you really facing a 35% rate in retirement ? If so, congrats. :beer In my case the stock, when sold, will be used to pay t...
by TBillT
Tue Oct 30, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Fixed Price Option for natural gas
Replies: 6
Views: 773

Re: Fixed Price Option for natural gas

My perception. unfortunately as homeonwers we do not see the (low cost) well-head price on natural gas, we see a much higher cost assigned to homeowners, and then lots of fees added on to that. So certainly when nat gas price goes down, we tend to not see that benefit. Not sure about when prices go ...
by TBillT
Mon Oct 29, 2018 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: NUA, (Net Unrealized Appreciation), tax forms
Replies: 16
Views: 1201

Re: NUA, (Net Unrealized Appreciation), tax forms

I got three 1099-Rs (1) Aftertax cash (minor amount) -No taxable amount (2) Rollover cash to Rollover IRA -No Taxable Amount (3) Aftertax stocks- Line1 Total Gross Amount/Line2 Taxable Amount ( 0 for me but I presume cost basis if it is not after tax basis) Lines 5 and 6 Detail cost basis (Contribut...
by TBillT
Mon Oct 29, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Claiming the Itemized Deduction on NY Income Tax Return for the 2018 Tax Year
Replies: 7
Views: 787

Re: Claiming the Itemized Deduction on NY Income Tax Return for the 2018 Tax Year

That's interesting!
Virginia so far is *NOT* making that same change, and it means a windfall tax profit for Virginia, and it wipes out any tax decrease I may see on federal.
by TBillT
Mon Oct 29, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: NUA, (Net Unrealized Appreciation), tax forms
Replies: 16
Views: 1201

Re: NUA, (Net Unrealized Appreciation), tax forms

I did the NUA thing about 2-3 years ago. I ended up using/transferring the stocks to VOYA, who had the orig 401K, because they had reps with experience with my company they did it all the time. I had trouble finding anyone else including Fidelity who seemed to know how to handle it exactly the way w...
by TBillT
Mon Oct 29, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Why has VG Target 2015 outperformed Lifestrategy Cons. Growth?
Replies: 6
Views: 728

Re: Why has VG Target 2015 outperformed Lifestrategy Cons. Growth?

Forgeting about 10-yr, they are really close, and as you say the TIPS in Target 2015 is one obvious difference. On Morningstar chart I like to compare against VWINX and PONAX whereas PONAX is my substitute for VWINX at Fidelity. Note how PONAX seems to keep up with a more steady line with less up an...
by TBillT
Sun Oct 28, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: If On Medicare Before SS, How Do You Pay?
Replies: 40
Views: 3193

Re: If On Medicare Before SS, How Do You Pay?

we are in the same boat, so far we made one payment via check.
by TBillT
Fri Oct 26, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion Retirement Calc Tool?
Replies: 4
Views: 599

Re: Roth Conversion Retirement Calc Tool?

Thank you!
That material ought to keep me busy for while.
by TBillT
Fri Oct 26, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion Retirement Calc Tool?
Replies: 4
Views: 599

Roth Conversion Retirement Calc Tool?

Remind me if we have planning tool for managing IRA to Roth Conversions prior to Age 70 RMD's?
I am getting cold feet...hard to feel good about the extra tax bite now, since Virginia adds 5.85% state tax if I do more than minimalist approach.
by TBillT
Fri Oct 26, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Social Security - 2 year inflation adjustment gap
Replies: 22
Views: 3245

Re: Social Security - 2 year inflation adjustment gap

I noticed that Social Security's ANYPIA worksheet is nice becuase it includes the recent 2.8% COLA. On the other hand, the normal "Your Social Secuirty Statement" report is confusing right now becuase (1) it does not include the recent COLA (as of earlier this week), and (2) it doesn't specify what ...
by TBillT
Thu Oct 25, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: How Can I Reduce 2018 Tax Bite?
Replies: 5
Views: 1439

Re: How Can I Reduce 2018 Tax Bite?

I am in a similar situation, but I have not yet made the Roth Conversion...I do not like the tax cost either. But it could be good idea versus RMD after age 70. One trick I use, I do have some small earned income, so I can donate to an IRA at tax time to indirectly reverse some of the withdrawal. I ...
by TBillT
Thu Oct 25, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Making a substantial gift to a college
Replies: 27
Views: 2100

Re: Making a substantial gift to a college

I am not sure about this, but apparently sometimes you can get a state tax credit for certain university donations, presumably in your own state. That would a special program for larger donations.
by TBillT
Thu Oct 25, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: 2019 Chrysler Pacifica Hybrid
Replies: 30
Views: 2541

Re: 2019 Chrysler Pacifica Hybrid

Pacifica is a PHEV (Plug-in Hybrid) confusing because they call it a Hybrid, which Hybrid implies no plug, 100% gaso all the time.
by TBillT
Thu Oct 25, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: social security maximize plan
Replies: 9
Views: 1095

Re: social security maximize plan

I just used Open Social Security and found it extremely helpful for those of us 65+. Those younger than 65 in 2018 lose most of the creative "double dipping" features that are being eliminated at the end of the year. Right now our plan is higher PIA person (me) waits to age 70, and before that we ar...
by TBillT
Thu Oct 25, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Net worth compared to Medicare earnings
Replies: 16
Views: 1585

Re: Net worth compared to Medicare earnings

For us 65+ it looks like 1991 was the first year that Medicare Earnings were > Social Security Earnings, in other words they changed the tax base. Social security seems a little unfair to me that it is only people <$125k (or whatever it is now) that pay the burden.
by TBillT
Thu Oct 25, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: Effect of Federal Funds Rate on bond yields
Replies: 20
Views: 1501

Re: Effect of Federal Funds Rate on bond yields

If you are investing in ultra-short term bonds, the interest rate will be market rate. But something like 30-year T-Bonds value are impacted by what the bond vigilantes, hedge funds and computer trading algorithms want to suggest the future value should be.
by TBillT
Thu Oct 25, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: PNC Stable value fund class z
Replies: 10
Views: 711

Re: PNC Stable value fund class z

As a good benchmark, you can look at T Rowe Price SVF which has historically been attractive rate of return. I think it is only running about 2% right now. My Va 529 fund I think has Ivesco SVF, which has been less return than T Rowe, but maybe catching up. But at the current time, SVF's are not inc...
by TBillT
Wed Oct 24, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: Effect of Federal Funds Rate on bond yields
Replies: 20
Views: 1501

Re: Effect of Federal Funds Rate on bond yields

The Fed Chairman said he was going to keep increasing interest rates every quarter through next year. That was probably a mistake to say that, but if you believe that, interest rates are being forced up and up and up by the Fed. The problem with that strategy is it can hurt the economy, and the only...
by TBillT
Tue Oct 23, 2018 11:19 am
Forum: Personal Finance (Not Investing)
Topic: CA property tax > $10K, any options to deduct all?
Replies: 45
Views: 5865

Re: CA property tax > $10K, any options to deduct all?

How is that better than just making a donation equivalent to the 35% to whatever charity you'd prefer? In Scenario 2, you pay the same, get a larger deduction, and got to pick where your charitable money went. In fact, I think the difference in deduction is equal to how much you went below $10,000 ...