Search found 30563 matches

by retiredjg
Fri Nov 24, 2017 3:14 pm
Forum: Personal Consumer Issues
Topic: Update: Amazon "Black Friday Deal": Instant Pot 8-qt $81.99 (Black Friday-Nov 24)
Replies: 26
Views: 2714

Re: Update: Amazon "Black Friday Deal": Instant Pot 8-qt $81.99 (Black Friday-Nov 24)

I don't know what size you need, but the 6 quart ones are still available. Scroll down and you'll find them. Maybe a different model number or something.
by retiredjg
Fri Nov 24, 2017 3:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 119
Views: 18982

Re: Vanguard has switched to brokerage only accounts

quantAndHold wrote:
Fri Nov 24, 2017 1:47 pm
Also, if it’s not a brokerage account, there’ll be a link to upgrade it.
I don't think this is necessarily correct for everyone. I just got my "offer' for an upgrade a few months ago. And I just got the upgrade button as well. I believe there are others who have not gotten their "offer" yet.
by retiredjg
Fri Nov 24, 2017 3:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 119
Views: 18982

Re: Vanguard has switched to brokerage only accounts

How do I know if I have a brokerage account? When I log in to my TIRA, I get a white screen which shows total assets and then directly under a link titled My name - Traditional IRS brokerage - Account Number. It is a brokerage account. You know because it has "brokerage" in the name and because you...
by retiredjg
Fri Nov 24, 2017 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Help Advise with a Fidelity Managed (discretionary) Account
Replies: 17
Views: 1064

Re: Help Advise with a Fidelity Managed (discretionary) Account

Visited our friendly Fidelity account manager today and after quite a few meetings, he recommended we look at a FIDO managed (discretionary) account. While I feel the Boglehead forum advice is sufficient, my wife, who has absolutely no interest in investments, thinks this is a good idea. There have...
by retiredjg
Fri Nov 24, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Discovered debt
Replies: 22
Views: 988

Re: Discovered debt

I think she should at least have a consultation with an attorney to learn real facts. There could be some unknown quirk or wrinkle since they have never had joint finances. Some people are just foolish and some simply cannot help themselves. For instance, if it is possible he is bi-polar, that puts ...
by retiredjg
Fri Nov 24, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Stay the course or?
Replies: 4
Views: 218

Re: Stay the course or?

I don't understand the question. Try again?
by retiredjg
Fri Nov 24, 2017 2:15 pm
Forum: Personal Consumer Issues
Topic: Reminder to Use the Bogleheads' Amazon Link
Replies: 6
Views: 245

Re: Reminder to Use the Bogleheads' Amazon Link

mega317 wrote:
Fri Nov 24, 2017 2:10 pm
There's no url in the app.
On my computer there is also no url showing till I click on it. See what that does.
by retiredjg
Fri Nov 24, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 18
Views: 1134

Re: Advice welcome-VERY unusual circumstance: lien, NOL

I DO have the option to do Roth within my 457, this does indeed appear to be among the best options given the totality of the situation. Roth 457 would be better than traditional 457 since you are getting no (direct) benefit on your taxes. I suppose if you use traditional 457, it simply extends you...
by retiredjg
Fri Nov 24, 2017 2:04 pm
Forum: Personal Consumer Issues
Topic: Reminder to Use the Bogleheads' Amazon Link
Replies: 6
Views: 245

Re: Reminder to Use the Bogleheads' Amazon Link

mega317 wrote:
Fri Nov 24, 2017 1:07 pm
Does this work if you're on a mobile device and clicking the link opens the app?
I would assume it works the same, but I don't know. Click on the link, then highlight the URL and see if the word bogleheads is in it?
by retiredjg
Fri Nov 24, 2017 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: if you could use only 1 investment firm...
Replies: 22
Views: 512

Re: if you could use only 1 investment firm...

If I was going to use only ETF's or mutual funds, I would only use VG period... I do now and intend in the future to buy/hold individual stocks/bonds, mutual funds and ETF's. I have no intention of changing this. Is there some problem buying individual stocks or bonds at Vanguard? It would be Vangu...
by retiredjg
Fri Nov 24, 2017 12:31 pm
Forum: Personal Consumer Issues
Topic: Reminder to Use the Bogleheads' Amazon Link
Replies: 6
Views: 245

Reminder to Use the Bogleheads' Amazon Link

A reminder to members and especially for the deluge of new folks..... our Boglehead's forum can make a little money :shock: from your purchases at Amazon if you use the Amazon link which is found above. As you may have noticed, there is no advertising here. All of this is paid for individually by th...
by retiredjg
Fri Nov 24, 2017 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 18
Views: 1134

Re: Advice welcome-VERY unusual circumstance: lien, NOL

Consider some variation to this theme. Continue paying the IRS at current rate. If you are paying $12k a year, you'll be done in 5 or 6 years, before your oldest two get into college. If your interest rate really is 3% or 4%, it is a debt worth keeping when you have other debt at a higher rates. If ...
by retiredjg
Fri Nov 24, 2017 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 18
Views: 1134

Re: Advice welcome-VERY unusual circumstance: lien, NOL

Makes sense. If correct, I think Roth IRA or Roth 457 (if available) would be the better choice.
by retiredjg
Fri Nov 24, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advisory service?
Replies: 22
Views: 1226

Re: Fidelity Portfolio Advisory service?

How do you judge when doing that would be worth it? I know you can balance it with losses--but I don't know that we have any to balance it with. This is where it gets tricky, doesn't it? And this is where, years ago, we used to pay someone for advice, who would send us a quarterly report with sugge...
by retiredjg
Fri Nov 24, 2017 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 18
Views: 1134

Re: Advice welcome-VERY unusual circumstance: lien, NOL

BL wrote:
Fri Nov 24, 2017 10:00 am
You will have no tax benefits from your 457 contributions....
Why? Because of the NOL?

Putting some into a Roth IRA would at least let the contributions serve as an emergency fund.
Had not thought of this - might be a very good idea.
by retiredjg
Fri Nov 24, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 18
Views: 1134

Re: Advice welcome-VERY unusual circumstance: lien, NOL

Is there some specific date in the future when you are allowed to refinance that mortgage at a lower rate?
by retiredjg
Fri Nov 24, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 18
Views: 1134

Re: Advice welcome-VERY unusual circumstance: lien, NOL

Thanks for the update. I had no idea how to interpret the post without that information. See if I have this debt right: $52k to IRS at what interest rate? $13k to IRS at what interest rate? $205k mortgage at 4.875% $47k HELOC at 5.25% $2k at 0% $4k at 13% Savings/Retirement: $0k Emergency fund $20k ...
by retiredjg
Fri Nov 24, 2017 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Should I Pay Off My Mortgage When I Retire?
Replies: 24
Views: 916

Re: Should I Pay Off My Mortgage When I Retire?

There are no bad choices here and it won't make any difference financially in your daily life....so follow your heart. I don't recall ever hearing anyone say they regretted paying off the mortgage. And there are many who have done it and reported being glad they did. Or flip a coin. If you don't lik...
by retiredjg
Fri Nov 24, 2017 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advisory service?
Replies: 22
Views: 1226

Re: Fidelity Portfolio Advisory service?

Here are some quick and dirty suggestions to consider when/if you decide to improve this portfolio. Taxable $110,000 First Eagle Global Class A <--dump this, high expense ratio, actively managed and not tax efficient Schwab 1000 Index Fund Ishares S&P 500 Value ETF Fidelity Contra ($40,000) <--keep ...
by retiredjg
Fri Nov 24, 2017 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advisory service?
Replies: 22
Views: 1226

Re: Fidelity Portfolio Advisory service?

Here is your information posted in a format that makes it easier to understand. With more information, people here can help you understand what you have and make some decisions about whether you want to have this money managed or rebuild it into a portfolio that can be easily managed by you. Taxable...
by retiredjg
Fri Nov 24, 2017 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advisory service?
Replies: 22
Views: 1226

Re: Fidelity Portfolio Advisory service?

and don't want to open a new window to look up because I keep losing my post when I do that Under the white box that you type in there are 3 buttons. If you click the "preview" button before wandering to the internet, you can come back to what you were typing without losing anything. You must do it...
by retiredjg
Thu Nov 23, 2017 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 58
Views: 3739

Re: Regrets for taking SS at 62 or waiting?

Retired at 57 and started SS at 62. I was aware of the possible benefits of waiting, but I didn't wish to deplete my IRA/TSP hoping that I'd live long enough to get past the "break even" age with a bigger SS check. For me it was "known" vs "unknown". My family has not been long lived so even if I do...
by retiredjg
Thu Nov 23, 2017 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: Finding a direction - What next?
Replies: 13
Views: 1128

Re: Finding a direction - What next?

When asking the reason why this was the case, she (FA) said it was to ‘make sure I was serious about investing, and I really needed 20k in the account to begin’. Should I fire her and move on alone? If so, how has this group done that in the past? Hogwash. There is no need to have $20k to start inv...
by retiredjg
Thu Nov 23, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth Vs Traditional IRA for Wife’s Accounts
Replies: 12
Views: 687

Re: Backdoor Roth Vs Traditional IRA for Wife’s Accounts

Yes, the IRS will consider any IRAs in her name (that are not Roth) to all be one IRA. However, the IRS allows a person to "drain off" all tax-deferred money (from any number of IRAs) into a 401k leaving only basis (already taxed money) in the IRA - which can then be converted to Roth. This is a lit...
by retiredjg
Thu Nov 23, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Roll IRA into high fee 401k to do backdoor roth
Replies: 4
Views: 295

Re: Roll IRA into high fee 401k to do backdoor roth

To me, it would depend on how big the IRA is and how long she is likely to stay at that employer. For example, if the IRA is $100k, it will cost an extra $650 a year to be in the 401k. Doing that for many years would be more than I'd want to pay. But if the IRA is $10k and she'll likely be there onl...
by retiredjg
Thu Nov 23, 2017 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 18
Views: 1134

Re: Advice welcome-VERY unusual circumstance: lien, NOL

Broken Man 1999 wrote:
Thu Nov 23, 2017 9:26 am
Could NOL be net operating loss?
Seems likely, but what happens with it? What does it do?
by retiredjg
Thu Nov 23, 2017 8:54 am
Forum: Investing - Help with Personal Investments
Topic: portfolio check
Replies: 7
Views: 640

Re: portfolio check

P.S. Having 26% of your nest egg in the same tree as your current income is not wise. There is no reasonable excuse to take this kind of risk if you are able to sell those shares. You cannot afford to lose both at the same time. Yes, that does happen. And it always happens at the worst possible time...
by retiredjg
Thu Nov 23, 2017 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Advice welcome-VERY unusual circumstance: lien, NOL
Replies: 18
Views: 1134

Re: Advice welcome-VERY unusual circumstance: lien, NOL

This is mostly a bump. It might be helpful for you to describe what a NOL is and how it works. My only question is whether you can afford to contribute to the 457b at this point although I know 4% is not a lot. Don't worry about the ER of the plan - all are fine except the emerging markets and that ...
by retiredjg
Thu Nov 23, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: portfolio check
Replies: 7
Views: 640

Re: portfolio check

1. I have my emergency fund in Betterment. I realize this may be redundant with what I'm try to do with my retirement accounts. Should I put this money in a high yield savings account? An account that is 80% stock is not really an emergency fund. But you do have a savings account that you could con...
by retiredjg
Thu Nov 23, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Bucket or Rebalance ?
Replies: 17
Views: 1164

Re: Bucket or Rebalance ?

It's not a bad idea. People have different preferences on this subject and you should do what you feel most comfortable with.
by retiredjg
Thu Nov 23, 2017 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Finding a direction - What next?
Replies: 13
Views: 1128

Re: Finding a direction - What next?

It appears you are in the 25% tax bracket. For that reason, you should switch back to traditional 401k and not use the Roth 401k option. Or at least use enough traditional 401k to drop into the 15% bracket and use Roth 401k after that. The reason to do this is there is a good possibility you will pa...
by retiredjg
Wed Nov 22, 2017 9:17 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 59
Views: 3676

Re: Best vehicle for seniors?

My Outback was a 2014 so the newer ones may be higher. However, from riding in a friend's new Outback, I'd say it is still a car you need to stand up from. And squat to get into. All I know is that every day I'm so happy to simply step out of my current vehicle - no need to stand up to get out or s...
by retiredjg
Wed Nov 22, 2017 6:18 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 59
Views: 3676

Re: Best vehicle for seniors?

My Outback was a 2014 so the newer ones may be higher. However, from riding in a friend's new Outback, I'd say it is still a car you need to stand up from. And squat to get into. All I know is that every day I'm so happy to simply step out of my current vehicle - no need to stand up to get out or sq...
by retiredjg
Wed Nov 22, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Rollover and Backdoor Roth Question
Replies: 5
Views: 341

Re: Reverse Rollover and Backdoor Roth Question

Sounds like a plan!

We have heard in the past that rolling from a 401k at Fido to an IRA at Fido is very quick. It is good to hear the reverse is also very quick. Good luck and let is know how it works out for you. :happy
by retiredjg
Wed Nov 22, 2017 5:11 pm
Forum: Personal Consumer Issues
Topic: December 22 - Jan 1 vacation
Replies: 13
Views: 726

Re: December 22 - Jan 1 vacation

Florida Keys?
by retiredjg
Wed Nov 22, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 59
Views: 3676

Re: Best vehicle for seniors?

That is an odd statement. Forester and Outback are not sedans and Forester I think was rated the top model for ease of entry and exit. I certainly find the Outback very good on that as with most CUV designs today. It may be odd, but it was an Outback I got rid of before owning it even a year. I lov...
by retiredjg
Wed Nov 22, 2017 4:51 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA Contributions: Still make sense for us?
Replies: 10
Views: 658

Re: Roth IRA Contributions: Still make sense for us?

Ahhhh, ok! A different interpretation of the word "shouldn't" in "shouldn't be contributing to Roth IRA". Meaning "you are not eligible". And I agree, that would be correct. With very large pre-take home expenditures (more than 2 401ks, some expensive health insurance, maybe other things we don't kn...
by retiredjg
Wed Nov 22, 2017 3:30 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 59
Views: 3676

Re: Best vehicle for seniors?

She drove a Honda Element (with their version of AWD), which she really enjoyed, mostly for its trunk space, although I don't think it's a particularly good car for someone her age, who no longer commutes to work, doesn't do road trips, nor does she have dogs or other things to keep in the back. 90...
by retiredjg
Wed Nov 22, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Question - Deferred Compensation Plan
Replies: 4
Views: 540

Re: Question - Deferred Compensation Plan

This would not interest me. You may have already seen this information, but maybe others have not. In particular, what if you leave the company prior to retirement? You might be forced to take distributions at a time when your tax rate is still high. Not to mention....I would not have my retirement ...
by retiredjg
Wed Nov 22, 2017 2:43 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA Contributions: Still make sense for us?
Replies: 10
Views: 658

Re: Roth IRA Contributions: Still make sense for us?

This is coming up because a friend told me "Based on your income you should not be contributing to a Roth IRA" Your friend is confused or you miscommunicated. What your friend probably means is that "based on your income you should not be contributing to Roth 401k". That would be correct and that i...
by retiredjg
Wed Nov 22, 2017 2:20 pm
Forum: Investing - Theory, News & General
Topic: DISTRIBUTIONS
Replies: 9
Views: 1211

Re: DISTRIBUTIONS

I do Roth conversions, but I pay the tax with money that doesn't come from the IRA. I've seen this sentiment expressed several times on this forum and elsewhere. Is the consensus that it's not worth doing Roth conversions if one has to pay the taxes from the IRA? No, there is no such consensus. The...
by retiredjg
Wed Nov 22, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: [Help with 401k, Backdoor Roth]
Replies: 10
Views: 589

Re: [Help with 401k, Backdoor Roth]

So it sounds like she has a total of $16,500 in deductible contributions, $5,500 in non-deductible contributions from this year, and an unknown amount of earnings (let's just say $2k for the sake of discussion). If she converts the entire $24k to Roth IRA, she will pay tax on $18,500 at whatever you...
by retiredjg
Wed Nov 22, 2017 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Any need for professional tax preparer?
Replies: 11
Views: 885

Re: Any need for professional tax preparer?

I don't see a need for a professional either. Income in retirement is not difficult. It's just different. If you are really insecure, use two different tax programs the first year and see if they prompt you to think of different things. It seems unlikely that two different software packages would bo...
by retiredjg
Wed Nov 22, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: retirement portfolio
Replies: 6
Views: 677

Re: retirement portfolio

However, I am thinking of transferring all my funds to Vanguard. My goal is to maintain my principal and live off of income from my investments. I am planning that I can get a return of 4%. This is probably not your best choice. Living off the income is difficult to achieve unless you are very weal...
by retiredjg
Wed Nov 22, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: How do you define success in your life?
Replies: 46
Views: 1796

Re: How do you define success in your life?

Success in my life was having 2 careers that I loved. Everyone should be so fortunate. :happy
by retiredjg
Wed Nov 22, 2017 9:24 am
Forum: Investing - Theory, News & General
Topic: DISTRIBUTIONS
Replies: 9
Views: 1211

Re: DISTRIBUTIONS

It appears you might be in the top of the 15% bracket or maybe lower 25% bracket now. Your RMDs are going to be large - maybe $200k to start with, going higher as you age. This is going to push you (as a couple) into the 28% bracket and maybe higher in your 80's. When one dies, the survivor may be p...
by retiredjg
Wed Nov 22, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Check my portfolio
Replies: 14
Views: 1178

Re: Check my portfolio

Looks like you are picking funds before planning your overall portfolio. It also looks like you are planning to skip using a retirement plan at work. If you have one available, the plan at work is the place to start. First, you look at the choices available at work. After picking the best (lowest co...
by retiredjg
Wed Nov 22, 2017 8:43 am
Forum: Personal Finance (Not Investing)
Topic: [Help with 401k, Backdoor Roth]
Replies: 10
Views: 589

Re: [Help with 401k, Backdoor Roth]

Haven't decided yet what to do with DW's tIRA. Mostly will do a Rith conversion of the whole tIRA and take the tax hit... Any suggestions? Don't want the hassle of keeping track of non-deductible contributions to tIRA considering that we might stay in the higher income bracket for the next few year...
by retiredjg
Wed Nov 22, 2017 8:29 am
Forum: Investing - Help with Personal Investments
Topic: FTIPX in tIRA, any concern about foreign tax?
Replies: 5
Views: 325

Re: FTIPX in tIRA, any concern about foreign tax?

Welcome to the forum!

Agree with the others - there is no problem with holding Fidelity's International Index in an IRA.
by retiredjg
Tue Nov 21, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Best Taxable Account Option - Vanguard Core Bond, REIT, or Global Wellington
Replies: 9
Views: 784

Re: Question about Best Taxable Account Option - Vanguard Core Bond, REIT, or Global Wellington

Yes I'm making maximum use of all tax-advantaged space. Is your tax-advantaged space limited? Like maybe you don't have a 401k? Or are you saving so much that things no longer fit into the slots you had in mind? As almost always happens, I agree with livesoft - you may need to reevaluate and adjust...