Search found 32853 matches

by retiredjg
Thu Jul 19, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Account vs Roth IRA
Replies: 11
Views: 742

Re: Taxable Account vs Roth IRA

but I am over the limit for traditional IRA, correct? No. As stated above, you are NOT over the limit for contributing to traditional IRA because there is no limit. However, you do make too much money to deduct that contribution. Your spouse may or may not be able to deduct a traditional IRA contri...
by retiredjg
Thu Jul 19, 2018 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 79
Views: 2200

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

It's difficult coming to the realization that I am significantly behind many of my peers. I have worked since 14. Most of the time 2 jobs at once. You are behind where you should be in retirement savings. You are ahead in terms of having property and no mortgages. All this talk of watches and cars ...
by retiredjg
Thu Jul 19, 2018 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Taxable Account vs Roth IRA
Replies: 11
Views: 742

Re: Taxable Account vs Roth IRA

I believe I am over the limit for an individual IRA with a MAGI of around 120K.... There is no MAGI limit for traditional IRA. There is a limit for deducting the traditional IRA. Is that what you mean? If you are single with an MAGI of $120k you are also bumping up against the phase out for contrib...
by retiredjg
Thu Jul 19, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 79
Views: 2200

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

I'm curious as to what your wife thinks about your watch collection.... and whether or not she has a comparable jewelry collection. Your spouse's opinion definitely counts here because if there is a difference of opinion, that could be a real long term bone of contention in the marriage. In fact, I...
by retiredjg
Thu Jul 19, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth IRA Withdrawal Pro-Rata?
Replies: 11
Views: 486

Re: Mega Backdoor Roth IRA Withdrawal Pro-Rata?

Many people have stumbled on that rule and it apparently does not mean what it sounds like it means if the plan is using "separate accounts" for the different types of money in there. What is important for the mega back door....If you roll out money from your after-tax account, the appropriate amoun...
by retiredjg
Thu Jul 19, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: What is the most severe hyperbolic discounting you have ever acted on?
Replies: 29
Views: 1947

Re: What is the most severe hyperbolic discounting you have ever acted on?

livesoft wrote:
Thu Jul 19, 2018 7:21 am
When 2-liter bottles of soda go on sale for 77 cents each, I buy every single one in the store and go to other stores....
Quite a disconnect for me here. The livesoft in my imagination doesn't drink this much soda.... :P
by retiredjg
Thu Jul 19, 2018 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Advice adjusting Asset Allocation
Replies: 25
Views: 1199

Re: Advice adjusting Asset Allocation

reddison wrote:
Thu Jul 19, 2018 9:05 am
Thx Lady Geek - I edited my original post but couldn't figure out how to bump it up. It was so far down and I didn't think it was being seen so I pasted it into a new post. How do you bump up a post? Thx
Just add a reply to the post saying something like "bump".
by retiredjg
Thu Jul 19, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 79
Views: 2200

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

You've done an excellent job of reducing and eliminating debt. I don't think your retirement savings is where it should be though. Whether you need to start selling your collectables depends on how much you decide to save for retirement. If you save enough, I don't see why you can't keep them (at le...
by retiredjg
Thu Jul 19, 2018 7:20 am
Forum: Investing - Help with Personal Investments
Topic: Phasing our Roth vs 401k
Replies: 10
Views: 729

Re: Phasing our Roth vs 401k

I don’t have any reason to believe that my tax bracket will be higher. I suppose I just liked to mix it up. Some in a Roth and some in a traditional. Just in case laws change and what have you. Oh this thinking is not wrong. Along the way, you do want to collect both tax-deferred assets and Roth as...
by retiredjg
Thu Jul 19, 2018 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Phasing our Roth vs 401k
Replies: 10
Views: 729

Re: Phasing our Roth vs 401k

Contributing to an HSA account (if high deductible health insurance is available and appropriate for your situation) also reduces your MAGI. Oh? I thought it didn’t impact MAGI, but did impact AGI. 🤔 Well, let's look at it again. HSA deduction is an adjustment to income before AGI is calculated. I ...
by retiredjg
Wed Jul 18, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Rollover 401k to which institution?
Replies: 9
Views: 468

Re: Rollover 401k to which institution?

jsapiandante wrote:
Wed Jul 18, 2018 6:26 pm
I'll have to check on the annual fee. The balance is $120k.
I'd think there is little chance she must move a balance that large. But sometimes the employee has to assume costs that the employer paid before. Even then, small charge a year is worth it to keep the money in a good low cost plan.
by retiredjg
Wed Jul 18, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Rollover 401k to which institution?
Replies: 9
Views: 468

Re: Rollover 401k to which institution?

Thanks for the replies. I didn't know you could leave it in the old 401k. I thought once you leave the job, you have to take the 401k with you. In this case, I will leave it with the current institution since the index funds she's invested in is very low cost. If the balance is very low, $1k or may...
by retiredjg
Wed Jul 18, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Advice adjusting Asset Allocation
Replies: 25
Views: 1199

Re: Advice adjusting Asset Allocation

So I've been reading about backdoor Roth conversions but it doesn't make any sense right now at our tax rate. Just a clarification of a common misunderstanding or mis-naming. What you need to consider are "Roth conversions". This is a different thing from the "back door" which is a two step maneuve...
by retiredjg
Wed Jul 18, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Advice adjusting Asset Allocation
Replies: 25
Views: 1199

Re: Advice adjusting Asset Allocation

Something to put on your agenda. When you hit age 70.5, your RMDs are going to be pretty large and may be more than you actually need. At some point, your RMDs may push you into a higher tax bracket than earlier in retirement. When one of you dies, the survivor may be pushed into even a higher tax b...
by retiredjg
Wed Jul 18, 2018 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Advice adjusting Asset Allocation
Replies: 25
Views: 1199

Re: Advice adjusting Asset Allocation

jg - thx for tweaking the numbers and adding the percentages. I like the general ideas and in managing the 3 minifunds at least until retirement/rollover time comes and I can consolidate. I am reluctant to take all funds in my 401k and putting it all into a target retirement fund in one fell swoop ...
by retiredjg
Wed Jul 18, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Rollover 401k to which institution?
Replies: 9
Views: 468

Re: Rollover 401k to which institution?

Remember that her new company could change 401k providers. My last company did that and moved to Mass Mutual. Do you want to have a 401k end up with Mass Mutual? I don't think so. Apparently if you roll money into a 401k, you are also allowed to roll it out. I don't know if this can be plan specifi...
by retiredjg
Wed Jul 18, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Rollover 401k to which institution?
Replies: 9
Views: 468

Re: Rollover 401k to which institution?

This depends on about 3 things. -the costs of the new plan; she would not want to roll it into a bad plan if there is a choice -the likelihood of wanting to use the back door to contribute to Roth IRA in the future - a rollover IRA will get in the way -personal preferences She might even find it a g...
by retiredjg
Wed Jul 18, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help with consolidating Retirement and taxable portfolio
Replies: 16
Views: 1292

Re: Help with consolidating Retirement and taxable portfolio

Vanguard Message Number SA7I-0ZWI-01 What is this? :confused As for your question, yes Vanguard does offer an Individual 401k plan and yes, you can transfer your existing Solo 401k plan into the Vanguard Individual 401k plan so that is not a problem. I believe it has been reported here more than on...
by retiredjg
Wed Jul 18, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Phasing our Roth vs 401k
Replies: 10
Views: 729

Re: Phasing our Roth vs 401k

If you are single, the ability to contribute directly to Roth IRA does start to phase out at $120k this year. Contributing to traditional 401k does lower your MAGI. Contributing to Roth 401k does not. If you are making that much money, contributing to traditional 401k is probably a good idea anyway....
by retiredjg
Wed Jul 18, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Need help picking investments for taxable brokerage
Replies: 6
Views: 518

Re: Need help picking investments for taxable brokerage

How easy it is depends on what is available in your 401k and Roth IRA. The best funds for a taxable account are a broad stock index like Total Stock Index and/or a broad international index like Total Stock Index. This means you would need to increase the bond percentage in the 401k. I would probabl...
by retiredjg
Wed Jul 18, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Help with consolidating Retirement and taxable portfolio
Replies: 16
Views: 1292

Re: Help with consolidating Retirement and taxable portfolio

you are correct! I called both TD and Vanguard. TD will still charge 6.95 for transaction fee but they have commission-free ETFs but none from Vanguard. Vanguard has no transaction fee if I am buying Vanguard products as you said. The question I now have is, if I plan to consolidate and buy Index f...
by retiredjg
Wed Jul 18, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advice Please
Replies: 23
Views: 2258

Re: Fidelity Portfolio Advice Please

Just for clarification....ITOT is not a Fidelity product. It is an iShares product that you can buy at Fidelity (commission free I assume). It is also not a total market index fund. Instead, it follows the S&P 500 Index which is only a portion of the total US market. In reality, the 500 Index and t...
by retiredjg
Wed Jul 18, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Advice adjusting Asset Allocation
Replies: 25
Views: 1199

Re: Advice adjusting Asset Allocation

Thanks for the extra information. It is helpful to start seeing your portfolio as a "whole" and seeing each holding as a percentage of the whole. So the portfolio adds up to 100%. I've done that for you, leaving out the $127k in checking and other. If you want to invest some of that money, you can a...
by retiredjg
Wed Jul 18, 2018 5:51 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advice Please
Replies: 23
Views: 2258

Re: Fidelity Portfolio Advice Please

Too many good funds to choose from! Once I decide on one, I find a better one!! At this point in the taxable account I am looking at Fidelity Total Market Index (ITOT) Fidelity Total Market International (FTIPX) Just for clarification....ITOT is not a Fidelity product. It is an iShares product that...
by retiredjg
Tue Jul 17, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest 100000?
Replies: 36
Views: 2442

Re: When to invest 100000?

When the question is "when to invest?"... the answer is almost always "now". Do you have a reason to think that may not apply?

The market is almost always on a high or near some high. Invest now for what will be something higher in the future, even if it goes to something lower in the meantime.
by retiredjg
Tue Jul 17, 2018 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds
Replies: 1
Views: 252

Re: Bonds

Some people think it does matter. There is a tendency to want stock funds, instead of bond funds, in Roth IRA. This is because stocks have more expected growth and in a Roth IRA that growth would not be taxed. The best place overall for bonds is inside a traditional IRA/401k/403b/457b/SEP or SIMPLE ...
by retiredjg
Tue Jul 17, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Tell me what's wrong with my strategy
Replies: 76
Views: 5010

Re: Tell me what's wrong with my strategy

New to bogleheads and I feel lucky to find such a welcoming and knowledgeable community. I'm about to invest my first 500k into a stock portfolio (I have a moderate/high to high-risk tolerance). I'm not considering retirement (I'm 45 and I've owned and held high end commercial real estate since I w...
by retiredjg
Tue Jul 17, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Tell me what's wrong with my strategy
Replies: 76
Views: 5010

Re: Tell me what's wrong with my strategy

I'm basing it on my belief that Amazon is already untouchable.... There are two things wrong with putting much value on this type of thinking. 1) You don't know anything that others can't see for themselves. Everybody has this information and many have the same opinion as you. The information you j...
by retiredjg
Tue Jul 17, 2018 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Help with Solo 401k Placement
Replies: 15
Views: 673

Re: Help with Solo 401k Placement

Since the OP mentioned that this is a non-prototype one-participant 401k plan. I am assuming that they are referring to actually purchasing real estate in the 401k. Spirit Rider, thanks for the education. I knew this could be done in a certain type of IRA, but I didn't know it could be done in a 40...
by retiredjg
Tue Jul 17, 2018 7:30 am
Forum: Investing - Help with Personal Investments
Topic: Help with Solo 401k Placement
Replies: 15
Views: 673

Re: Help with Solo 401k Placement

Once my Solo 401k gets funded enough (1-2 years out), I plan to use it for alternative investments like real estate. But for the near future, it will be 100% in mutual funds/index funds. What do you mean by "alternative investments like real estate"? If you mean REITs, I'd suggest Fidelity because ...
by retiredjg
Tue Jul 17, 2018 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Help with consolidating Retirement and taxable portfolio
Replies: 16
Views: 1292

Re: Help with consolidating Retirement and taxable portfolio

I called TD and they said there's no cost associated with holding the 401k account, there's the 6.95 transaction fee associated when ever I buy/sell any positions. but that's the same with any other account. Should I be looking/asking them for something else? You should be looking for a new place t...
by retiredjg
Mon Jul 16, 2018 5:56 pm
Forum: Investing - Theory, News & General
Topic: Classifying CDs as Bonds or Short Term assets
Replies: 12
Views: 1087

Re: Classifying CDs as Bonds or Short Term assets

If you are only looking at retirement assets, I don't think the demarcation between "bond" and "short term asset" is of much importance. It all falls into the fixed income assets portion of the portfolio, commonly called the bond side. To me, a CD of any term would fall into the "fixed income assets...
by retiredjg
Mon Jul 16, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Advice adjusting Asset Allocation
Replies: 25
Views: 1199

Re: Advice adjusting Asset Allocation

Always consider all accounts as part of one portfolio, so yes, increase bonds in the 401k. DODIX probably best choice, but you could also put 25-30% into TSYYX. It's shorter duration, but lower quality. I'm thinking of using a low cost Vanguard Target fund that has lots of bonds in that account. Lo...
by retiredjg
Mon Jul 16, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Advice adjusting Asset Allocation
Replies: 25
Views: 1199

Re: Advice adjusting Asset Allocation

Welcome to the forum!

If/when you are ready to move to a higher bond allocation, just do it. Sell stocks in the 401k and buy bonds. There is no reason to do anything else.
by retiredjg
Mon Jul 16, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: Bears!!!
Replies: 59
Views: 4536

Re: Bears!!!

I don't get the ammonia trick. If you have to put a cup of caustic liquid in the can a couple of times a week, how does it not become hazardous to the people handling the can? Even if you have an automated can dumping trash truck, seems like it would be splashing all over the place to be stepped in ...
by retiredjg
Mon Jul 16, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advice Please
Replies: 23
Views: 2258

Re: Fidelity Portfolio Advice Please

Fidelity Prospectus Portfolio Advisory Service @ 1.23 % Domestic Stock ER iShares Russell 1000 ETF (IWB) 0.15 iShares Russell 1000 Growth ETF (IWF) 0.2 iShares S&P Small-Cap 600 Growth ETF (IJT) 0.25 iShares S&P Small-Cap 600 Value ETF (IJS) 0.25 Loomis Sayles Growth Fund (LGRCX) 1.66 JPMorgan Mid ...
by retiredjg
Mon Jul 16, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio vs. Schwab Target Fund
Replies: 85
Views: 9119

Re: Schwab Intelligent Portfolio vs. Schwab Target Fund

Happy to help. Hope things work out well for her (and you too!). :happy
by retiredjg
Mon Jul 16, 2018 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Help with consolidating Retirement and taxable portfolio
Replies: 16
Views: 1292

Re: Help with consolidating Retirement and taxable portfolio

I called TD and they said there's no cost associated with holding the 401k account, there's the 6.95 transaction fee associated when ever I buy/sell any positions. but that's the same with any other account. Should I be looking/asking them for something else? You should be looking for a new place t...
by retiredjg
Mon Jul 16, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: How to apply safe withdraw rule?
Replies: 5
Views: 709

Re: How to apply safe withdraw rule?

Both my wife and I retired about 6 months ago and we are just looking into the withdraw rule. My wife's conclusion is ~2.5%, citing a Morningstar article which she adopted to be on the conservative side in terms of length of retirement period until death and future equity return. Well, I think the ...
by retiredjg
Sun Jul 15, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help with consolidating Retirement and taxable portfolio
Replies: 16
Views: 1292

Re: Help with consolidating Retirement and taxable portfolio

@retiredjgm, all my accounts are in TD and I plan to keep them there, unless there's a strong reason for me to move them to another brokerage So...does TD offer a low cost 401k plan that you like? Will it accept a rollover from your old 401k plan? Do you know what you will be able to buy in the TDA...
by retiredjg
Sun Jul 15, 2018 6:09 pm
Forum: Personal Consumer Issues
Topic: Bears!!!
Replies: 59
Views: 4536

Re: Bears!!!

The trouble with ammonia is how to apply it in such a way that the house humans don't come in contact with it and suffer burns or eye damage.

You'd have to be careful with this route.
by retiredjg
Sun Jul 15, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Bears!!!
Replies: 59
Views: 4536

Re: Bears!!!

Next with so little garbage, you don't have to put your garbage out every week. We don't. You can use odor-proof bags and containers and have your garbage around the house longer. Might work where you live, but in the summer my garbage has to go somewhere twice a week. Otherwise, there will be frui...
by retiredjg
Sun Jul 15, 2018 4:54 pm
Forum: Investing - Theory, News & General
Topic: How to determine weights within portfolio
Replies: 29
Views: 1397

Re: How to determine weights within portfolio

Perhaps I should have said it does not work for me.
by retiredjg
Sun Jul 15, 2018 4:52 pm
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 46
Views: 2881

Re: How much furniture spending is ok?

I don't think there is a number. Buy what you will enjoy when you can afford it. If you cannot afford it, wait till next year and start enjoying it then. Don't borrow money for furniture beyond what you absolutely have to have (bed, few chairs, table to eat on). You certainly are not spending "too m...
by retiredjg
Sun Jul 15, 2018 4:46 pm
Forum: Personal Consumer Issues
Topic: Bears!!!
Replies: 59
Views: 4536

Re: Bears!!!

The easiest thing might be to put an electric fence around your trash can. Or around the enclosure for your trash can.

You and your family are sure to get zapped once or twice, but it will probably be effective against the bears. That's why beekeepers use them. :happy
by retiredjg
Sun Jul 15, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: How to determine weights within portfolio
Replies: 29
Views: 1397

Re: How to determine weights within portfolio

My reference was to the link at the bottom of every message I post. It is "Asking Portfolio Questions".

Your spreadsheet might do, but frequently they do not. Depends on how you built it.

Either way, your link to your spreadsheet does not work.
by retiredjg
Sun Jul 15, 2018 4:26 pm
Forum: Personal Consumer Issues
Topic: Bears!!!
Replies: 59
Views: 4536

Re: Bears!!!

...then on your next trip into town throw that little bag into a public trash bin outside your place of work, or a gas station, or a WalMart. While effective, this is not legal in many jurisdictions. Those cans are usually not "public" in terms of receiving home generated trash. They are only "publ...
by retiredjg
Sun Jul 15, 2018 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: need help pls
Replies: 19
Views: 1039

Re: need help pls

Yes. You can hold IRAs and 401k accounts at the same time. Even multiple IRAs and 401ks if you want - though I don't necessarily suggest that. Sometimes there is a question about whether you can contribute, but I can't think of a time where there is a question about what you can hold. Your plan to r...
by retiredjg
Sun Jul 15, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: How to determine weights within portfolio
Replies: 29
Views: 1397

Re: How to determine weights within portfolio

flroots wrote:
Sun Jul 15, 2018 3:44 pm
My stock weightings are.....
I actually meant to show us the funds you hold and what accounts you hold them in. See the link at the bottom of this message for how to do that.