Search found 31104 matches

by retiredjg
Sun Jan 21, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Question with vanguard allocation
Replies: 31
Views: 923

Re: Question with vanguard allocation

Thank you greatly appreciated for ur input...one other question...what is the average return for an IRA? Currently have been averaging 10.3%. It depends entirely on how the money is invested. Greater risk produces greater returns as well as greater drops and longer recoveries in a market crash.
by retiredjg
Sun Jan 21, 2018 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Question with vanguard allocation
Replies: 31
Views: 923

Re: Question with vanguard allocation

Spouse stay at home mom....no 401k at work. Yes will be getting SS Thanks for the updates. We understand why you feel the need to catch up. But catch up decisions are one of the things that can lead to doing stupid stuff and we'd like to help you avoid that. :happy The answer is not to be too aggre...
by retiredjg
Sun Jan 21, 2018 3:52 pm
Forum: Investing - Theory, News & General
Topic: Which brokerage for individual 401k?
Replies: 14
Views: 390

Re: Which brokerage for individual 401k?

ChinchillaWhiplash wrote:
Sun Jan 21, 2018 3:19 pm
Schwab also has $4.95 commission fees, which are good.
No, that is not good. Your 401k plan should not have any commission fees.
by retiredjg
Sun Jan 21, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest funds for retirement?
Replies: 12
Views: 1011

Re: How to invest funds for retirement?

I would think that the Federal Government has shopped around for immediate annuities and would get a better deal than what a retiree could get on his own. I thought that too. I'm a retired fed and I did look at annuitizing the TSP, but I never did any comparisons with other providers. However, I ha...
by retiredjg
Sun Jan 21, 2018 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Question with vanguard allocation
Replies: 31
Views: 923

Re: Question with vanguard allocation

Lots of good news there - no debt and no mortgage or car payment. :happy

Married or single? If married, does your spouse have income? Does spouse have any accounts?

Do you have a retirement plan available at work?

Will you be getting SS?

Is that a Roth IRA or a traditional IRA?
by retiredjg
Sun Jan 21, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest funds for retirement?
Replies: 12
Views: 1011

Re: How to invest funds for retirement?

My understanding is that you have the option of annuitizing part or all of your Thrift Savings Plan upon retirement. What this means is that you can buy a pension with a portion of your Thrift Savings Plan. You will get a better deal here than going out into the insurance market to buy an annuity. ...
by retiredjg
Sun Jan 21, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Question with vanguard allocation
Replies: 31
Views: 923

Re: Question with vanguard allocation

So you would go: 1. Vanguard total stock market index fund (VTSAX) 2. Vanguard total international stock index fund (VGTSX) 3. Vanguard total us bond market index fund (VBMFX) Allocate assets as per market? You would need to pick a stock to bond ratio. And pick how much of your stocks should be in ...
by retiredjg
Sun Jan 21, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: 457 worth it with these fees?
Replies: 45
Views: 1229

Re: 457 worth it with these fees?

If you need to change anything, I might consider putting more into the 2 457b's (even though one is higher cost) and less into 401/403b. That would make more money available prior to 59.5 without having to do a SEPP or something. Keep in mind that moving her 403b to IRA will eliminate being able to ...
by retiredjg
Sun Jan 21, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: 457 worth it with these fees?
Replies: 45
Views: 1229

Re: 457 worth it with these fees?

Paying off the mortgage is always a decent idea. Saving in Roth accounts and taxable accounts is another good idea. I don't think you have a problem saving a lot. I think you may be putting too much into tax-deferral. That may come back to haunt you when you are older. If you don't have a lot in tax...
by retiredjg
Sun Jan 21, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Question with vanguard allocation
Replies: 31
Views: 923

Re: Question with vanguard allocation

Trying to be aggressive when it makes you uncomfortable can be a sure recipe for making bad choices and losing money because of it. The first bad choice is being too aggressive. Playing "catch up" is often the reason. The second bad choice is selling during a market crash. People who are not comfort...
by retiredjg
Sun Jan 21, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: 457 worth it with these fees?
Replies: 45
Views: 1229

Re: 457 worth it with these fees?

I saw in another thread that your family is already filling a 401k, a 403b, and a 457b and here you are wondering if you should fill yet another 457b.

As I mentioned earlier, it is possible to have too much in tax-deferred status. I think you need to give some thought to that.
by retiredjg
Sun Jan 21, 2018 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Figuring your tax bracket
Replies: 24
Views: 1707

Re: Figuring your tax bracket

So I would do the standard deduction (-24,000) and 2 kids (-4,000) on top of the other items that you mention above? Many thanks! I don't have kids, but I don't think that is how this works. The standard deduction comes off income. I think the child tax credit comes off the tax. See page 2 of form ...
by retiredjg
Sun Jan 21, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Question with vanguard allocation
Replies: 31
Views: 923

Re: Question with vanguard allocation

They are made up of the same stuff and both are excellent choices. It all depends on whether you want the stock to bond ratio to stay the same or migrate to more bonds over time.
by retiredjg
Sun Jan 21, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Question with vanguard allocation
Replies: 31
Views: 923

Re: Question with vanguard allocation

I currently have 100% of my ira in Lifestrategy Growth Fund which is 90% stocks, 10% bonds...im worried about the market topping off and want to keep my earnings in case of a market correction. This indicates that you are invested too aggressively for your temperament. Maybe you should be using LS ...
by retiredjg
Sun Jan 21, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Immediate Annuities For The Chronically Ill
Replies: 1
Views: 205

Re: Immediate Annuities For The Chronically Ill

I think what you want to look for is "medical underwriting".
by retiredjg
Sun Jan 21, 2018 12:28 pm
Forum: Investing - Theory, News & General
Topic: Which brokerage for individual 401k?
Replies: 14
Views: 390

Re: Which brokerage for individual 401k?

I don't know the answer, but previous discussions have indicated there are several important aspects to consider. -does the i401k accept inbound rollover from an IRA? -what about Roth 401k? -will it allow loans? These issues have been reported repeatedly as important to people looking for an individ...
by retiredjg
Sun Jan 21, 2018 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Figuring your tax bracket
Replies: 24
Views: 1707

Re: Figuring your tax bracket

How different is your income this year from 2017?
by retiredjg
Sun Jan 21, 2018 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance money and taxable investments
Replies: 2
Views: 324

Re: Inheritance money and taxable investments

Broad stock index funds are pretty tax efficient. For just this reason, the most common suggestion. around here for a taxable account would be a total stock index and/or a total international index. If you need bonds in the taxable account, if you are in a higher tax bracket, the bonds should be tax...
by retiredjg
Sun Jan 21, 2018 10:59 am
Forum: Personal Consumer Issues
Topic: Home Humidifier input please
Replies: 39
Views: 1760

Re: Home Humidifier input please

Sandtrap wrote:
Sun Jan 21, 2018 10:44 am
We are also worried about the very fine powder from hard water that a humidifier gives off.
Is this true?
This has been reported, but certainly not by most who have humidifiers. I suspect it is the water. You may have to learn about this from neighbors' experiences.
by retiredjg
Sun Jan 21, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA to Rollover IRA to Employer 401k in one year for Backdoor Roth?
Replies: 5
Views: 227

Re: Rollover IRA to Rollover IRA to Employer 401k in one year for Backdoor Roth?

Yes. The end of the year in which you do a conversion is the date that counts. The year of or for the contribution is irrelevant for the pro-rating issue.
by retiredjg
Sun Jan 21, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: How to invest funds for retirement?
Replies: 12
Views: 1011

Re: How to invest funds for retirement?

Well, here's a post I never thought I'd make. :happy I'm going to suggest that you consider (at least run some numbers) using Roth TSP for at least the next 7 years - while tax rates are lower than they might be later. I'm also going to suggest that you consider retiring earlier. Here's the deal. Yo...
by retiredjg
Sun Jan 21, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA to Rollover IRA to Employer 401k in one year for Backdoor Roth?
Replies: 5
Views: 227

Re: Rollover IRA to Rollover IRA to Employer 401k in one year for Backdoor Roth?

But now I feel like having a Rollover IRA will force me to pay tax on the majority of the Backdoor amount due to having a Rollover IRA (pro-rata), despite opening a new and clean TIRA. Is this correct? Yes. IF I DO HAVE TO PAY PRO-RATA FOR THE CONVERSION, can I instead move the Rollover IRA that I ...
by retiredjg
Sat Jan 20, 2018 6:07 pm
Forum: Personal Consumer Issues
Topic: cheaper shipping/postage?
Replies: 6
Views: 333

Re: cheaper shipping/postage?

Have you considered keeping a supply of the flat rate boxes?

https://www.usps.com/ship/priority-mail ... asQAvD_BwE
by retiredjg
Sat Jan 20, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab vs fidelity
Replies: 25
Views: 1979

Re: Schwab vs fidelity

If the check comes to you made out to the broker of your choice FBO (for the benefit of) your IRA, that is normal and customary. You then send that check to the broker of your choice and they put it into your IRA. They do this so they can send the check to your real address already known to them, to...
by retiredjg
Sat Jan 20, 2018 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Lifestrategy Growth and Total Stock market -Roth
Replies: 10
Views: 726

Re: Lifestrategy Growth and Total Stock market -Roth

I think the most logical answer is to invest the entire Roth IRA in a Vanguard Target Fund that either has about the same stock to bond ratio he has already chosen or the stock to bond ratio that makes sense to you (for example if you believe his is too aggressive). The differences in performance yo...
by retiredjg
Sat Jan 20, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Target Retirement Funds
Replies: 15
Views: 1992

Re: Target Retirement Funds

Looks good to me.
by retiredjg
Sat Jan 20, 2018 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 950

Re: consolidating ROTH IRAs?

If all the larger accounts are being handled by trustee to trustee transfers, I'd agree that you should just take the distribution of the tiny accounts and report it on your taxes.

Looks like it would be a total of $50 or less. Probably not worth the trouble to do a 60 day rollover.
by retiredjg
Sat Jan 20, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: House vs Taxable account
Replies: 11
Views: 861

Re: House vs Taxable account

You will be taxed on the gains only. And if you are in a very low tax bracket, the long term capital gains (shares held more than a year) will be taxed at 0%.

The Vanguard website should tell you what your gains, short term and long term, are so you can decide what to do.
by retiredjg
Sat Jan 20, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: Home Humidifier input please
Replies: 39
Views: 1760

Re: Home Humidifier input please

I have a bypass humidifier system. My heat source is a heat pump. I can't say the humidifier has been very helpful. My humidity can still be very low (high teens, low 20's) when it is cold out. It only stays at the default 35% when the weather is warmer. I'm not sure what the problem is -buypass sys...
by retiredjg
Sat Jan 20, 2018 9:36 am
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 950

Re: consolidating ROTH IRAs?

Since you contributed more than $11, there are no earnings.*** Just take the $11 and roll it into the Roth IRA you want to keep within 60 days. This will be the only 60 day rollover you can do in a year. If another account is larger, you might just want to keep this $11 but it will have to be record...
by retiredjg
Sat Jan 20, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: House vs Taxable account
Replies: 11
Views: 861

Re: House vs Taxable account

Have you considered selling it and buying a fund that is not a tax drag? I have considered this, wasn't sure what would be a better move to put it in another fund or house. Currently in Lifestrategy Moderate I'm not sure one choice is "better" than the other. It's probably personal choice. The LS M...
by retiredjg
Sat Jan 20, 2018 6:55 am
Forum: Investing - Help with Personal Investments
Topic: House vs Taxable account
Replies: 11
Views: 861

Re: House vs Taxable account

Have you considered selling it and buying a fund that is not a tax drag?
by retiredjg
Fri Jan 19, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 950

Re: consolidating ROTH IRAs?

That's odd. They will let you close the account for free but charge you $75 to transfer it. I'd check again to be sure that is actually true. You can do the 60 day rollover but you can only do 1 per year. I would not waste that on $11 unless that is the only one. You can take out your contributions,...
by retiredjg
Fri Jan 19, 2018 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 950

Re: consolidating ROTH IRAs?

I would not add money and transfer. If there is an account closing fee, it is probably greater than any of those balances.
by retiredjg
Fri Jan 19, 2018 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: SCHZ investment grade bond fund
Replies: 4
Views: 233

Re: SCHZ investment grade bond fund

What do you mean by "done poorly"? Do you mean the value has dropped? A bond fund will lose value when interest rates rise. The price per share will drop. If that is what you are talking about, it is doing exactly what it is supposed to do. Given a little time, as newer bonds are exchanged into the ...
by retiredjg
Fri Jan 19, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: 457 worth it with these fees?
Replies: 45
Views: 1229

Re: 457 worth it with these fees?

fortfun wrote:
Thu Jan 18, 2018 10:35 pm
If my wife retires from her employer, I believe she can draw from her 403b the year she turns 55....
Her plan can only allow this (without a SEPP arrangement) if she is actually 55 (or older) in the year she retires. And only some plans do allow it.
by retiredjg
Fri Jan 19, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: 457 worth it with these fees?
Replies: 45
Views: 1229

Re: 457 worth it with these fees?

I think the plan is worth using (just for that one fund) if you have a need for more tax-deferred savings. Are you sure you actually need more? You are already filling a 401k and possibly filling a 403b. What about other tax-deferred or tax-advantaged accounts - HSAs, IRAs, Roth IRAs? The pension(s)...
by retiredjg
Fri Jan 19, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Need help with changed mind on IRA contrib.
Replies: 9
Views: 442

Re: Need help with changed mind on IRA contrib.

You have the option to withdraw your IRA contribution (or get a return of your contribution) before the tax filing day of the year the contribution was for. Do not simply take out the money. You must contact the custodian to do this so they can properly code your 1099. Make sure they understand what...
by retiredjg
Fri Jan 19, 2018 11:43 am
Forum: Investing - Help with Personal Investments
Topic: MEC's instead of Bonds?
Replies: 18
Views: 721

Re: MEC's instead of Bonds?

Would you consider using MEC's instead of Bonds for AA? No. Please explain your negative response. In my opinion, most every financial product that is contrived, constructed, wrapped, or otherwise "improved" from it's most simple form is not in my best interest. It has been developed so that the co...
by retiredjg
Fri Jan 19, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Next Phase - Move to Taxable?
Replies: 5
Views: 668

Re: Next Phase - Move to Taxable?

Since this money is not for retirement and may be needed in the next few years, it should not be invested. It should be saved. Otherwise, it may not be there when you want it. I would use CDs and high yield savings. The most aggressive would be a short term bond fund and that for only part of the mo...
by retiredjg
Fri Jan 19, 2018 10:56 am
Forum: Investing - Help with Personal Investments
Topic: MEC's instead of Bonds?
Replies: 18
Views: 721

Re: MEC's instead of Bonds?

boyntonstu wrote:
Fri Jan 19, 2018 9:26 am
Would you consider using MEC's instead of Bonds for AA?
No.
by retiredjg
Fri Jan 19, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 950

Re: consolidating ROTH IRAs?

Some of us use "roll" and "rollover" loosely around here. There is a limit on the number of true rollovers (where you actually take possession of the money and can put it in your bank account). You only get one of those a year. So what you want is a "trustee to trustee transfer". There is no limit o...
by retiredjg
Fri Jan 19, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: consolidating ROTH IRAs?
Replies: 23
Views: 950

Re: consolidating ROTH IRAs?

Tax efficiency does not play a part in consolidating Roth IRAs. Yes, you should consolidate them into 1 or maybe 2 if that serves a purpose for you. You will almost certainly have to pay some account closing fee on most of them. Just pay it and consider it a lesson learned. Have your chosen custodia...
by retiredjg
Thu Jan 18, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: 39 year old - Personal investing & Asset Allocation
Replies: 68
Views: 14753

Re: 39 year old - Personal investing & Asset Allocation

Do you recommend a particular short term tax exempt fund? I know they have at least 2 - one called short term and one called limited term. There might be a 3rd one. I don't know the pros and cons of each one right now. I don't even know why they have 2. New question - How do you view Vanguard Prime...
by retiredjg
Thu Jan 18, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: 39 year old - Personal investing & Asset Allocation
Replies: 68
Views: 14753

Re: 39 year old - Personal investing & Asset Allocation

Should I rebalance 100% to the Total Bond fund on a single day or gradually? Do it all at one time. The emerging market allocation was based on the David Swensen model which I used in 2010. Should I get out of emerging all at once or gradually? Over what time period? You don't have to get out of it...
by retiredjg
Thu Jan 18, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: 39 year old - Personal investing & Asset Allocation
Replies: 68
Views: 14753

Re: 39 year old - Personal investing & Asset Allocation

1. Do I need to reconsider my stock / bond allocation? I originally had 70% / 30% and now it looks like 79% stocks and 21% bonds. What you need to do is "rebalance" which means bring your stock to bond ratio back to target. It has wandered too far from your target. 70/30 is a reasonable number for ...
by retiredjg
Wed Jan 17, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth - help with tax filing situation
Replies: 9
Views: 415

Re: Backdoor Roth - help with tax filing situation

Turns out this is not complicated at all. It's easy once you understand how the forms work. Agree with above information. And do download some forms and pencil through them. What you should finally end up with this this: Her 2017 Form 8606 will document both the contribution and the conversion. Line...
by retiredjg
Wed Jan 17, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Target Retirement Funds
Replies: 15
Views: 1992

Re: Target Retirement Funds

(18) WFBIX - iShares US Aggregate Bond Index K would be my choice out of those bonds. If you got the ERs for those funds from your plan (not off the retail internet) and if you will be at your current employer a long time, I'd switch to the individual funds. The savings would be significant enough i...
by retiredjg
Wed Jan 17, 2018 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: rebalancing in a taxable account
Replies: 9
Views: 1115

Re: rebalancing in a taxable account

If you are reinvesting dividends, send the dividends to a bond fund instead. Might help some.