Search found 37038 matches

by retiredjg
Mon Aug 19, 2019 12:49 pm
Forum: Personal Investments
Topic: Using TSP versus non-government funds in retirement
Replies: 5
Views: 288

Re: Using TSP versus non-government funds in retirement

I am writing to ask people with experience using TSP while in retirement if they see any issues with my plan. Is getting money out of TSP a hassle? Getting a regular distribution from the TSP has been easy. Getting one amount this month and a different amount 2 months from now has been difficult. B...
by retiredjg
Mon Aug 19, 2019 8:28 am
Forum: Personal Investments
Topic: Portfolio advice and Mega Backdoor Roth options
Replies: 2
Views: 220

Re: Portfolio advice and Mega Backdoor Roth options

Welcome to the forum and thank you for posting all the information requested in the format. It makes it so much easier to answer your questions. :happy 1. This is the first year we have maxed all pre-tax options, which led us to begin researching what else we should do. This brought to Bogleheads an...
by retiredjg
Mon Aug 19, 2019 7:26 am
Forum: Personal Investments
Topic: newish investor driving myself crazy picking a bond fund...
Replies: 12
Views: 877

Re: newish investor driving myself crazy picking a bond fund...

Have you considered using a tax-exempt bond fund?

I can't find it now, but I think Vanguard recommends a tax exempt bond fund for the 24% federal tax bracket. And you should certainly prefer tax-exempt bond funds in the 28% and 32% brackets.
by retiredjg
Sun Aug 18, 2019 12:14 pm
Forum: Personal Consumer Issues
Topic: Battery powered lawn mower
Replies: 33
Views: 1862

Re: Battery powered lawn mower

objectivefunction wrote:
Sun Aug 18, 2019 11:53 am
I'd have one already, except that my gas mower is still working fairly well, and I'm trying to get the most out of it (even as much as I dislike the thing).
Make the switch. No ear protection, no fumes, no struggling getting the darn thing started, no gas, no oil...you won't regret it.
by retiredjg
Sun Aug 18, 2019 11:23 am
Forum: Personal Consumer Issues
Topic: Battery powered lawn mower
Replies: 33
Views: 1862

Re: Battery powered lawn mower

I've been using the EGO from Home Depot for 5 years. Loved it enough to buy a few other of their tools - they all share the same batteries.

An electric mower that works well enough is heavenly compared to gas.
by retiredjg
Sun Aug 18, 2019 11:18 am
Forum: Personal Investments
Topic: Roth 401k vs Roth IRA
Replies: 12
Views: 915

Re: Roth 401k vs Roth IRA

I think you may find this information helpful.

https://www.irs.gov/retirement-plans/pl ... tributions

Note that what you seem to want to do is a direct rollover, not an indirect rollover.
by retiredjg
Sun Aug 18, 2019 11:15 am
Forum: Personal Investments
Topic: Roth 401k vs Roth IRA
Replies: 12
Views: 915

Re: Roth 401k vs Roth IRA

I have talked to Vanguard and I understand I can do an indirect rollover while I am still employed by the railroad at 59 1/2 years old. Did they use the term "indirect rollover"? Or is that what you think they meant? You have both traditional and Roth accounts in your 401k. Will they let you specif...
by retiredjg
Sun Aug 18, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Moving from Bay area, CA to Knoxville, TN
Replies: 78
Views: 4507

Re: Moving from Bay area, CA to Knoxville, TN

Is it crazy to accept this offer financially? Probably not. I did this and ended up with a lot more disposable income. It has been awhile, but your experience could be similar. I was squeaking by in CA (probably somewhat lower cost area than Bay area) and took about a 13% salary cut to move to a so...
by retiredjg
Sun Aug 18, 2019 7:00 am
Forum: Personal Investments
Topic: Taxable brokerage accounts
Replies: 12
Views: 1622

Re: Taxable brokerage accounts

We have maxed out our 401K and 453b accounts. In our mid to late 40’s with very delayed investment planning. Looking for advice regarding investing about $250K (for the long term) with minimal active management and also for $5K monthly investment strategies. It's not possible to give advice like th...
by retiredjg
Sat Aug 17, 2019 7:12 pm
Forum: Personal Investments
Topic: Roth 401k vs Roth IRA
Replies: 12
Views: 915

Re: Roth 401k vs Roth IRA

Back to JSCIVALLY, tell us more about what you hope to do.
by retiredjg
Sat Aug 17, 2019 4:25 pm
Forum: Personal Investments
Topic: Stock Goes to Zero - Capital Loss?
Replies: 9
Views: 1218

Re: Stock Goes to Zero - Capital Loss?

OP, are you talking about Weatherford International PLC (WFTIQ ) or Wavefront Technology Solutions Inc (WFTSF) ? WFT seems to be West Fraser Timber Company, LLC. Can't say it is near worthless though. But then there is also the Weatherford International PLC with the same ticker....and that one is n...
by retiredjg
Sat Aug 17, 2019 4:22 pm
Forum: Personal Investments
Topic: Roth 401k vs Roth IRA
Replies: 12
Views: 915

Re: Roth 401k vs Roth IRA

About point #1, some plans do allow a distribution after the age of 59.5.... :?
by retiredjg
Sat Aug 17, 2019 1:26 pm
Forum: Personal Investments
Topic: Roth 401k vs Roth IRA
Replies: 12
Views: 915

Re: Roth 401k vs Roth IRA

I'm having trouble following what you want to do. Can you break this down into separate questions and separate paragraphs please? Some questions that I had... Are you sure you can actually allowed to roll out some of your 401k while still working? Do you plan to convert all $150k to Roth or only hal...
by retiredjg
Sat Aug 17, 2019 1:12 pm
Forum: Personal Investments
Topic: Stock Goes to Zero - Capital Loss?
Replies: 9
Views: 1218

Re: Stock Goes to Zero - Capital Loss?

I'd sell it and harvest the loss.
by retiredjg
Sat Aug 17, 2019 12:32 pm
Forum: Personal Investments
Topic: asset allocation review for newbie
Replies: 6
Views: 480

Re: asset allocation review for newbie

Not to worry. Most new people are not aware when they first start asking questions. In your case, there was enough information for some reasonable comments.

If you want to delve deeper into this, you can use the format then.
by retiredjg
Sat Aug 17, 2019 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Question about income and Medicare Premiums
Replies: 19
Views: 1225

Re: Question about income and Medicare Premiums

cas wrote:
Sat Aug 17, 2019 8:11 am
It suddenly occurred to me upon re-reading that that could be taken as a snarky comment directed at retiredjg, which definitely is not what I intended!
Thanks, but I did not take it as snark at all. :D
by retiredjg
Sat Aug 17, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Question about income and Medicare Premiums
Replies: 19
Views: 1225

Re: Question about income and Medicare Premiums

Follow up on Cas's suggestion about life changing event. I would expect (but I don't know) that a one year bump in income would be something they would accept and give you a waiver. I would be very surprised if the sale of an investment property qualified as a "life changing event" for the appeal, ...
by retiredjg
Sat Aug 17, 2019 7:36 am
Forum: Personal Investments
Topic: asset allocation review for newbie
Replies: 6
Views: 480

Re: asset allocation review for newbie

We have thought to leave our cash in Money Markets until the next correction and then invest in index funds such as VTSAX. This is a bad plan for a couple of reasons. You should go ahead and invest the money, but put most of it in bonds or other fixed income assets. Since you are older and in prese...
by retiredjg
Sat Aug 17, 2019 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Question about income and Medicare Premiums
Replies: 19
Views: 1225

Re: Question about income and Medicare Premiums

The sale will increase the premium for only that one year, but there is an appeal process and you may not be required to pay it for even that year. Follow up on Cas's suggestion about life changing event. I would expect (but I don't know) that a one year bump in income would be something they would ...
by retiredjg
Sat Aug 17, 2019 6:31 am
Forum: Personal Finance (Not Investing)
Topic: Form 8606 not filed with Taxes for last 3 yrs, now what ??
Replies: 8
Views: 1294

Re: Form 8606 not filed with Taxes for last 3 yrs, now what ??

Thanks everybody I think I need to give more information for proper advice, OK here goes- We retired in yr 2015 & have not had any earned income since, and nor did any Roth Conversions or took any distributions in yrs 2016, 2017 or 2018 & have not filed Form 8606 for these 3 years. If one does not ...
by retiredjg
Fri Aug 16, 2019 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Form 8606 not filed with Taxes for last 3 yrs, now what ??
Replies: 8
Views: 1294

Re: Form 8606 not filed with Taxes for last 3 yrs, now what ??

You can download the old forms (one for each different year) from the internet. Start with the oldest one and fill them in going forward. Send to IRS. Do not send with a return. There is a penalty of $50 but they have never charged it to my knowledge. Just mail them in (keeping a copy for yourself) ...
by retiredjg
Fri Aug 16, 2019 4:46 pm
Forum: Personal Investments
Topic: Should I move around my Bonds?
Replies: 7
Views: 597

Re: Should I move around my Bonds?

I chose that Target Fund because at the time (2011?) I didn't know much about investing and it looked good to me for passive investing. The reason I have kept is is the relatively low expense ratio (0.16 for the entire fund) and pretty good performance. My 401k (started in 2007) used to be a Target...
by retiredjg
Fri Aug 16, 2019 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: College senior son - how to pay loans best for credit score?
Replies: 23
Views: 1185

Re: College senior son - how to pay loans best for credit score?

... what payment pattern helps his credit score the most? Last I read up on credit scores, there was no payment pattern that will help or hinder a score. The only thing they care about is late payments. Every month needs to be recorded as "pays on time". There is no icing on the cake for "pays earl...
by retiredjg
Fri Aug 16, 2019 4:34 pm
Forum: Personal Investments
Topic: Should I move around my Bonds?
Replies: 7
Views: 597

Re: Should I move around my Bonds?

A lot of people have what I consider overly stringent rules about bonds in Roth. While I prefer holding mostly or all stock in Roth IRA and it makes sense to me to do that, there are plenty of good reasons why bonds can end up inside a Roth IRA. A person who has some bonds in Roth IRA should not fee...
by retiredjg
Fri Aug 16, 2019 8:43 am
Forum: Investing - Theory, News & General
Topic: Asset location: bonds belong in taxable
Replies: 36
Views: 3064

Re: Asset location: bonds belong in taxable

White Coat Investor wrote:
Thu Aug 15, 2019 11:04 pm
The post had a follow-up post. No one ever seems to link to that one though, and I'm not allowed to.
Why not?
by retiredjg
Fri Aug 16, 2019 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Basic tax topic
Replies: 15
Views: 1562

Re: Basic tax topic

I'm considering that a crash might be coming and it might be good to get out of stocks for a while. I'm sorry to sound harsh, but this is a very poor approach to managing your portfolio. There is no way to get "out of stocks for awhile" and get back in with any kind of reliability. Your plan is exa...
by retiredjg
Thu Aug 15, 2019 5:05 pm
Forum: Personal Investments
Topic: Taxable Investment Portfolio Construction Feedback
Replies: 11
Views: 642

Re: Taxable Investment Portfolio Construction Feedback

The "problem" with your plan, if there is one, is that it is a plan for just one account. It is better to piece your entire portfolio together - all the accounts together - than to just do it account by account.
by retiredjg
Thu Aug 15, 2019 4:37 pm
Forum: Personal Consumer Issues
Topic: Mismatched flooring - discovered halfway through install
Replies: 24
Views: 2115

Re: Mismatched flooring - discovered halfway through install

This is going to work out. Frustrating right now but in a few years, it will be funny. :D
by retiredjg
Thu Aug 15, 2019 4:31 pm
Forum: Personal Investments
Topic: Portfolio Review w/ Questions
Replies: 17
Views: 775

Re: Portfolio Review w/ Questions

Are you trying to state that if I look at tax returns from years past, and it wasn't deductable, we could do something about it? Since you stated that she is working and is contributing 6% to her 401k ... yes, if we can determine what the amount of non-deductible contributions are, we can isolate t...
by retiredjg
Thu Aug 15, 2019 4:27 pm
Forum: Personal Investments
Topic: Portfolio Review w/ Questions
Replies: 17
Views: 775

Re: Portfolio Review w/ Questions

Yes. She was under the limit in 2018, and the contribution was fully deductable. That's definitely something to keep in mind. I was not just thinking of one year. She's got maybe $700k in the traditional IRA. That's a lot of years and could represent years (alone or married) where income could have...
by retiredjg
Thu Aug 15, 2019 10:20 am
Forum: Personal Investments
Topic: Portfolio Review w/ Questions
Replies: 17
Views: 775

Re: Portfolio Review w/ Questions

FYI, we will start thinking of where to put upcoming RMDs next year and don’t plan to focus on this via this post. Looks like her RMDs will be maybe $30k or so. Is it clear if that will push her into a higher tax bracket? Not right now, but I think in a couple years she will be. I'd like to conside...
by retiredjg
Thu Aug 15, 2019 10:18 am
Forum: Personal Investments
Topic: Portfolio Review w/ Questions
Replies: 17
Views: 775

Re: Portfolio Review w/ Questions

Yes. She was under the limit in 2018, and the contribution was fully deductable. That's definitely something to keep in mind. I was not just thinking of one year. She's got maybe $700k in the traditional IRA. That's a lot of years and could represent years (alone or married) where income could have...
by retiredjg
Thu Aug 15, 2019 9:04 am
Forum: Personal Investments
Topic: Portfolio Review w/ Questions
Replies: 17
Views: 775

Re: Portfolio Review w/ Questions

Max Traditional IRA Hmmmm :? In the 22% tax bracket, her contributions to tIRA may or may not be deductible. A lot of people don't realize that. It is important that she knows exactly what has been deducted from taxable income and what has not. Otherwise she could end up paying tax on that money a ...
by retiredjg
Thu Aug 15, 2019 8:54 am
Forum: Personal Investments
Topic: Portfolio Review w/ Questions
Replies: 17
Views: 775

Re: Portfolio Review w/ Questions

FYI, we will start thinking of where to put upcoming RMDs next year and don’t plan to focus on this via this post. Looks like her RMDs will be maybe $30k or so. Is it clear if that will push her into a higher tax bracket? 1. Where should we put the money from her home sale? Thoughts are to add it t...
by retiredjg
Thu Aug 15, 2019 8:43 am
Forum: Personal Investments
Topic: Paralysis
Replies: 16
Views: 3214

Re: Paralysis

I'm very conservative investor. We have Wellesley at Vanguard VWINX in an old IRA. I really like that find. It just goes with no drama. We had 10,000 HSA bank account and I moved to Fidelity and bought JABAX Balanced Fund. Of course now that has lost money and I worry. Listen to your own wisdom. Yo...
by retiredjg
Thu Aug 15, 2019 7:51 am
Forum: Personal Investments
Topic: Beginner 4 fund etf portfolio
Replies: 6
Views: 497

Re: Beginner 4 fund etf portfolio

Commissions are unnecessary and a waste of your money. Well, once or twice a year is no big deal, but commissions should NOT be part of your regular investing habits. They are easy to avoid. That means you need to find a place to buy what you want with no commissions. There are several brokerages wi...
by retiredjg
Thu Aug 15, 2019 7:22 am
Forum: Personal Investments
Topic: Taxable account vs Governmental 457(b)
Replies: 9
Views: 676

Re: Taxable account vs Governmental 457(b)

a) Based on the investment options and expenses, do you think it is worth it to invest in the 457(b) over a taxable account? Maybe. I'm one of the people who believe it is unwise to automatically fill 3 separate tax-deferred accounts. It is possible to have too much in tax deferral. It can be wiser...
by retiredjg
Thu Aug 15, 2019 6:26 am
Forum: Investing - Theory, News & General
Topic: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds
Replies: 54
Views: 4437

Re: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds

If Bogleheads had been in the US Attorney's office, this lawsuit may not have made it this far because it was possible to construct a low cost portfolio using the beloved Fidelity Spartan funds (under 10 basis points). Yes, MIT employees may have chosen high cost funds out of ignorance, but they did...
by retiredjg
Thu Aug 15, 2019 5:54 am
Forum: Personal Investments
Topic: Portfolio Qs from Overly-Conservative Saver
Replies: 20
Views: 1622

Re: Portfolio Qs from Overly-Conservative Saver

Does anybody know how to paste or embed an image into these windows, so nobody has to click the link? I have everything neatly in one screenshot. I have seen it done on this forum but I can't make it work to save my life. There is a reason we ask people to just type it out in the format we use. Tha...
by retiredjg
Thu Aug 15, 2019 5:41 am
Forum: Personal Investments
Topic: Portfolio Qs from Overly-Conservative Saver
Replies: 20
Views: 1622

Re: Portfolio Qs from Overly-Conservative Saver

I hear you, but some others here are counseling me to do exactly the opposite - to ditch the Lifecycle funds and manage it myself manually among the other funds! Because I am torn between these two approaches, that's why this looks so all over the place. I split between the 2040 and the 2050 Lifecy...
by retiredjg
Wed Aug 14, 2019 7:46 pm
Forum: Personal Investments
Topic: Re rollover to new employer
Replies: 5
Views: 362

Re: Re rollover to new employer

standupguy wrote:
Wed Aug 14, 2019 5:40 pm
I have a 403(b) and qualified dcp through University of California and now have a 401k with vanguard.
Your situation is unclear. Are any or all of these plans with your current employer?
by retiredjg
Wed Aug 14, 2019 4:33 pm
Forum: Investing - Theory, News & General
Topic: Has anybody bought Wellington,Wellesley,LifeStra and just said the heck with the taxes or is that just dumb in taxable?
Replies: 48
Views: 2997

Re: Has anybody bought Wellington,Wellesley,LifeStra and just said the heck with the taxes or is that just dumb in taxa

I think people do this with target retirement funds a lot more often. You're probably right. I tend to lump LifeStrategy and target funds all together in my mind and that is what I was thinking of. I would not recommend W or W in taxable, but I would definitely encourage W or W in taxable to someon...
by retiredjg
Wed Aug 14, 2019 4:21 pm
Forum: Investing - Theory, News & General
Topic: Has anybody bought Wellington,Wellesley,LifeStra and just said the heck with the taxes or is that just dumb in taxable?
Replies: 48
Views: 2997

Re: Has anybody bought Wellington,Wellesley,LifeStra and just said the heck with the taxes or is that just dumb in taxa

Funny. :happy

Actually, I was thinking of all our friends out there. Bogleheads would definitely advise their friends to put a target fund in every account rather than see them go to Edward Jones.
by retiredjg
Wed Aug 14, 2019 2:23 pm
Forum: Personal Consumer Issues
Topic: Mismatched flooring - discovered halfway through install
Replies: 24
Views: 2115

Re: Mismatched flooring - discovered halfway through install

If you decide to re-do the bathroom, wouldn't that be the smaller fix? Also, you might have more leverage against Home Depot if you show them they gave you the wrong thing. You'd simply be asking for what you ordered in the first place. Some of the fault is still on you, but they did make the first ...
by retiredjg
Wed Aug 14, 2019 2:18 pm
Forum: Personal Consumer Issues
Topic: Mismatched flooring - discovered halfway through install
Replies: 24
Views: 2115

Re: Mismatched flooring - discovered halfway through install

If it were me, I would likely leave both in as-is. I would get used the color difference and likely in a month would never notice. I think this could work in some cases. For example if the boards run N/S in one room and E/W in the other room. And if you put a very definitive thing between them (tha...
by retiredjg
Wed Aug 14, 2019 2:08 pm
Forum: Personal Investments
Topic: Mothers old 403(b)s
Replies: 11
Views: 473

Re: Mothers old 403(b)s

I'm still mulling this over, but my first thought is there is no reason to convert to Roth. If she does convert to Roth, I think the taxes (probably about 12% of whatever she converts) should come out of savings because paying the taxes out of the IRA would cause a 10% penalty because she is only 55...
by retiredjg
Wed Aug 14, 2019 1:14 pm
Forum: Personal Consumer Issues
Topic: Mismatched flooring - discovered halfway through install
Replies: 24
Views: 2115

Re: Mismatched flooring - discovered halfway through install

I think you may be SOL. But I also think that Home Depot wants happy customers. I think I'd go talk to a manager. Show the manager the original order and some packaging indicating you got something other than what you ordered. Admit that you just didn't realize it was the wrong product. It should be...
by retiredjg
Wed Aug 14, 2019 1:00 pm
Forum: Investing - Theory, News & General
Topic: Value & Growth Funds/ETFs - Taxable or Tax-Deferred or Tax-Exempt
Replies: 4
Views: 278

Re: Value & Growth Funds/ETFs - Taxable or Tax-Deferred or Tax-Exempt

Welcome to the forum. This is probably the wrong question to ask so you will probably only get wrong answers. :D Let me explain. Before considering the placement of assets, you need to consider what accounts (containers) you have access to. Before anything else, you should fill your work plan (if th...