Search found 34282 matches

by retiredjg
Sun Dec 09, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 11487

Re: 20M Inheritance - What is best option for small/no risk on principal?

Am I reading your post correctly to say that you'd prefer to have a portfolio with lower expected net returns in order to pay lower fees? No. Maybe. Why would it matter? Hmm. I think there's a difference between saying the fees are not worth it because you're not getting what you pay for (i.e., the...
by retiredjg
Sun Dec 09, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 11487

Re: 20M Inheritance - What is best option for small/no risk on principal?

midagelawyer wrote:
Sun Dec 09, 2018 10:59 am
Am I reading your post correctly to say that you'd prefer to have a portfolio with lower expected net returns in order to pay lower fees?
No. Maybe. Why would it matter?
by retiredjg
Sat Dec 08, 2018 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Short term or long term Roth conversions?
Replies: 3
Views: 335

Re: Short term or long term Roth conversions?

Money in an IRA may grow or shrink, but it does not have a "capital gain" or a "capital loss". So there is nothing that is considered a short term or long term capital gain or loss inside an IRA. That concept only applies to money in a taxable account. You converted a certain dollar amount. That dol...
by retiredjg
Sat Dec 08, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Best Re-balancing technique . . .
Replies: 20
Views: 1350

Re: Best Re-balancing technique . . .

PS. If you want to show your portfolio broken down by account, it might be easier to help out. You can see how to do that in the link at the bottom of this message.
by retiredjg
Sat Dec 08, 2018 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Best Re-balancing technique . . .
Replies: 20
Views: 1350

Re: Best Re-balancing technique . . .

Best technique to rebalance this? https://bn1302files.storage.live.com/y4m0Vw8hA8aB6dYtGYgbrOgkLsBFnBUZgVPtuuj8k95-Z7cCCE6k_J8b29QEgn0CERya02sP1bd6x-eOMFB_U0pkoE5i2usbWI_zliWrQq4ZzU2mePw0pp83OjCmi2CNBXLlfIkmbqDVPBjv6uGvohXPpY-XDbQFPoBmPJ3rb4OVE5lLA8M8rNa-y9H09_N4AMwYruN3pjTHBw-IrdnuCY4Pw/Rebal_this...
by retiredjg
Sat Dec 08, 2018 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: 401k or Roth IRA? Can't max both this year.
Replies: 5
Views: 395

Re: 401k or Roth IRA? Can't max both this year.

P.S. I can't see how using one or the other for one year is going to make a difference in the long run.
by retiredjg
Sat Dec 08, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: You already own international stocks with VTSMX etc [Vanguard Total Stock Market]
Replies: 53
Views: 3847

Re: You already own international stocks with VTSMX etc

That seems to be Jack Bogle's opinion as well. One reason why the answer to "how much international?" is "somewhere between none and half of your stocks".
by retiredjg
Sat Dec 08, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 11487

Re: 20M Inheritance - What is best option for small/no risk on principal?

IOW, if you're comfortably making $7 million per year, are you not OK paying someone $1 million per year to just handle everything regarding your financial life? Does anyone agree with me? If so, I'd be curious to hear thoughts on the various assumptions I clearly made above. Thank you, Can't say t...
by retiredjg
Sat Dec 08, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: 401k or Roth IRA? Can't max both this year.
Replies: 5
Views: 395

Re: 401k or Roth IRA? Can't max both this year.

In a high tax bracket, I'd use traditional 401k. In a low tax bracket, I'd use Roth IRA. In the middle, I'd probably do some of each.
by retiredjg
Sat Dec 08, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Is 401k or IRA better? and how do you value the backdoor Roth?
Replies: 7
Views: 711

Re: Is 401k or IRA better? and how do you value the backdoor Roth?

I would not voluntarily pay an extra 0.4% on $600k and its earnings just to put $6k a year into Roth IRA instead of a taxable account. Even though Roth is better, taxable is good enough.

Remember that your spouse's back door contribution to Roth is not affected by your Rollover IRA.
by retiredjg
Sat Dec 08, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: Tax ramification question
Replies: 12
Views: 1033

Re: Tax ramification question

I'm curious about the question as well. I believe your taxes are actually due as you bring in income. If you are just selling a little, the taxes are likely to be covered by withholding from salary. But if you are making a big sale with a big capital gain, you might want to have some withheld for ta...
by retiredjg
Sat Dec 08, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Help Simplify Portfolio for New Boglehead
Replies: 3
Views: 467

Re: Help Simplify Portfolio for New Boglehead

This suggestion is set up at 75% stock and 25% bonds with 15% of the stocks (11% of the portfolio) in international. Target for the portfolio is 64% US stock, 11% International stock, and 25% bonds. Before doing this, you need to know the tax cost of selling your taxable account. You might want to d...
by retiredjg
Sat Dec 08, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Help Simplify Portfolio for New Boglehead
Replies: 3
Views: 467

Re: Help Simplify Portfolio for New Boglehead

Lexy, welcome to the forum! And thank you for posting your information in the requested format - it makes it SO much easier to help you. :happy I thought I was doing a decent job managing my investments until I found this forum. Wish I would have found you sooner. You actually are doing a decent job...
by retiredjg
Sat Dec 08, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: IRA to Roth Conversion: looking for good modeling tools
Replies: 5
Views: 541

Re: IRA to Roth Conversion: looking for good modeling tools

However, current earnings are in the 10% bracket this tax year -- i.e., up to $9525. A conversion of any significance would throw me into the next bracket -- i.e., 12%. Why would I not contribute more, i.e., up to the 22% bracket or into the 24% bracket vs leaving in tax advantaged account until ~6...
by retiredjg
Sat Dec 08, 2018 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Should we abandon the Roth IRA (for now)?
Replies: 19
Views: 1947

Re: Should we abandon the Roth IRA (for now)?

If you are a resident, chances are your income will be higher at a later date. I'd use these "lower" income years more for Roth if you can't do all of it. Does this apply even if "lower" income years are at a 31.3% marginal tax rate? If all tax brackets remain the same (hah!) I plan to retire in th...
by retiredjg
Thu Dec 06, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 11487

Re: 20M Inheritance - What is best option for small/no risk on principal?

I think using CDs for that size portfolio would be a mistake for two reasons. You would have money in so many different places and with something maturing all the time, it would likely drive you nuts. I believe it would be very labor intensive and not very profitable. Second, a portfolio of all CDs ...
by retiredjg
Thu Dec 06, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Whoops, thought wife's tIRA was Roth...help!
Replies: 28
Views: 1876

Re: Whoops, thought wife's tIRA was Roth...help!

retiringwhen wrote:
Thu Dec 06, 2018 9:11 am
TD Ameritrade bought / merged Scottrade into their business within the past two years. So TD inherited the problem :shock:
Oh. That might make things easier. We hope. :happy
by retiredjg
Thu Dec 06, 2018 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Whoops, thought wife's tIRA was Roth...help!
Replies: 28
Views: 1876

Re: Whoops, thought wife's tIRA was Roth...help!

I think the problem is at Scottrade, not TD Ameritrade, although both will have to contribute something to fix it. There is no way that TDA is going to change that IRA to a Roth IRA without Scottrade agreeing they messed up.
by retiredjg
Thu Dec 06, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation calculator
Replies: 55
Views: 3941

Re: Asset allocation calculator

It is supposed to be based on need, willingness, and ability. And willingness is not only a desire for the higher returns, it includes being able to see your money disappear for a few years without caring very much. It is a system of checks and balances. For example, one could have need, but no abil...
by retiredjg
Thu Dec 06, 2018 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Whoops, thought wife's tIRA was Roth...help!
Replies: 28
Views: 1876

Re: Whoops, thought wife's tIRA was Roth...help!

It appears there may have been a clerical error at Scottrade in 2006 which has carried over. We never opened a traditional IRA nor agreed to convert from Roth to tIRA (why would anyone ever do that anyway!?!?!). We have contacted account maintenance at TD Ameritrade . Hopefully they make this right...
by retiredjg
Wed Dec 05, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Should we abandon the Roth IRA (for now)?
Replies: 19
Views: 1947

Re: Should we abandon the Roth IRA (for now)?

If you are a resident, chances are your income will be higher at a later date. I'd use these "lower" income years more for Roth if you can't do all of it.
by retiredjg
Wed Dec 05, 2018 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Whoops, thought wife's tIRA was Roth...help!
Replies: 28
Views: 1876

Re: Whoops, thought wife's tIRA was Roth...help!

Thank you for the nice response, retiredjg. Yes, she was in a very low tax bracket when she was making the contributions. Option 3 sounds like the easiest course of action. It's just a huge bummer that we have $35,000 less in Roth than we had thought! At least we have a ways to go until retirement ...
by retiredjg
Wed Dec 05, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Whoops, thought wife's tIRA was Roth...help!
Replies: 28
Views: 1876

Re: Whoops, thought wife's tIRA was Roth...help!

I know this is brain hurt territory, but i think retireddjg’s option 3 is backwards, because there is a ton of pre-tax money in the IRA, you owed a lot MORE tax than you paid on the backdoor transactions. You are right. What I said was incorrect about making the back doors correct. I'll fix it. :oo...
by retiredjg
Wed Dec 05, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Should we abandon the Roth IRA (for now)?
Replies: 19
Views: 1947

Re: Should we abandon the Roth IRA (for now)?

I don't think my answer will be a popular one, but I'm one of the people who believe you can save too much in tax-deferred accounts. I think that filling 2 of them is enough for most couples. I have no basis for that "2". It is a gut feeling. And it might not even apply to you since you may have a s...
by retiredjg
Wed Dec 05, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Whoops, thought wife's tIRA was Roth...help!
Replies: 28
Views: 1876

Re: Whoops, thought wife's tIRA was Roth...help!

My wife thought she had opened a Roth with Scottrade/TD Ameritrade after finishing school but it turns out it was a post tax traditional IRA. She contributed for a few years, we got married, got better jobs, and then got an advisor to help with our finances. He did not manage this tIRA and we all f...
by retiredjg
Wed Dec 05, 2018 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: IRA to Roth Conversion: looking for good modeling tools
Replies: 5
Views: 541

Re: IRA to Roth Conversion: looking for good modeling tools

I'm in a year where my taxable income is really low and have decided to convert part of an IRA to a Roth IRA. The IRA includes funds from both rollover 401k's and deductible contributions (I have the basis on previously filed forms 8606). The basic question is how much to convert. Is that what you ...
by retiredjg
Tue Dec 04, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie investor, portfolio diversification... and is 100% stocks OK?
Replies: 16
Views: 565

Re: Newbie investor, portfolio diversification... and is 100% stocks OK?

Are you diversified enough? No. You are not diversified at all. If you want a diversified portfolio, by definition it cannot be 100% stocks. And even the stocks you have are not diversified. They are all the same stuff. So I'd have to say that your portfolio is not OK if you want portfolio diversifi...
by retiredjg
Tue Dec 04, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: [Bond returns are currently negative. Why should I buy bonds now?]
Replies: 8
Views: 1273

Re: [Bond returns are currently negative. Why should I buy bonds now?]

[Moved into a separate post from: Bond alternative to balance portfolio? --admin LadyGeek] I'm an EXTREME novice at investing and trying to learn as much as I can right now. This is something that I can't seem to make sense of. Can someone please have the patience to explain to me why you would buy...
by retiredjg
Tue Dec 04, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: transfer 401k to IRA transaction delays
Replies: 11
Views: 372

Re: transfer 401k to IRA transaction delays

It is rare for this to be done electronically. They must be sure they are sending it to the person entitled to it (employee's last address). So this mail the check procedure is not unusual. I believe Fidelity will do an ACH from a Fidelity 401k to a Fidelity IRA though. For a sizable amount, you mig...
by retiredjg
Mon Dec 03, 2018 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: .28 cents in my IRA account after backdoor Roth
Replies: 14
Views: 1555

Re: .28 cents in my IRA account after backdoor Roth

On your Form 8606 you will have to enter the balance on line 6 but since 28 cents rounds down to $0, you don't have to enter anything.

Convert it with your next contribution.
by retiredjg
Mon Dec 03, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: Re-balancing multiple accounts
Replies: 6
Views: 647

Re: Re-balancing multiple accounts

Any thoughts? How do you bring an entire portfolio with multiple accounts back into balance? Sell what you have too much of and buy what you have too little of. Do as much of this as possible in your tax-advantaged accounts (401k, IRA, roth IRA) to avoid triggering taxes. If you need more specific ...
by retiredjg
Mon Dec 03, 2018 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Converting Trad IRA $'s to Roth
Replies: 5
Views: 504

Re: Converting Trad IRA $'s to Roth

Here is information gathered from and by one Boglehead about conversions.

viewtopic.php?t=170477
by retiredjg
Mon Dec 03, 2018 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA
Replies: 5
Views: 403

Re: Backdoor Roth IRA

Yes, you can contribute for 2019 any time in 2019. I'd wait a few weeks to be sure you actually receive enough income to be eligible.
by retiredjg
Mon Dec 03, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: How to stage long overdue rebalance
Replies: 9
Views: 820

Re: How to stage long overdue rebalance

It seems I could use a serious primer on tax and tax-efficiency -- is there a book/reference you would recommend to me? This is a big amount of information to swallow at one time. Take it a little at at time. https://www.bogleheads.org/wiki/Tax-efficient_fund_placement Intro and short story....Thin...
by retiredjg
Mon Dec 03, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Forgot to convert to backdoor roth
Replies: 11
Views: 1087

Re: Forgot to convert to backdoor roth

Do another conversion of the $7 amount. When you do your form 8606, you will enter conversion of 5,527 for the 2 conversion together. You will owe tax on $27.
by retiredjg
Mon Dec 03, 2018 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice
Replies: 4
Views: 468

Re: Portfolio advice

Sounds like there is not a lot to do about it right now. And you have the right attitude in thinking of it as a windfall, assuming you realize the windfall could potentially disappear. I would not count those chickens as mine just yet. You have many things going for you. Apparently your income is ge...
by retiredjg
Mon Dec 03, 2018 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Personnel turnover in Vanguard Personal Advisory Services
Replies: 22
Views: 2134

Re: Personnel turnover in Vanguard Personal Advisory Services

I feel sure you can test it with only part of your assets, but I'm not sure how they take your other assets, that they are not managing, into account.
by retiredjg
Mon Dec 03, 2018 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice
Replies: 4
Views: 468

Re: Portfolio advice

Your plan seems fine except for one big red flag...."several million in private company stock". That private company stock is the achilles heel of your portfolio but you are acting like it does not exist. Is there nothing you can do with it? Do you realize that it makes your bond allocation closer t...
by retiredjg
Mon Dec 03, 2018 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion for 2019 and Beyond
Replies: 8
Views: 1314

Re: Roth Conversion for 2019 and Beyond

It appears to me that you are in the 12% tax bracket although I'm not sure just where in that bracket you are. I guess the first question is whether to do Roth conversions at all. I think the answer is probably "yes", at least while your tax bracket is 12% instead of the 15% which may happen in a fe...
by retiredjg
Mon Dec 03, 2018 7:20 am
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market completion fund - S&P 500 index with Russell 2000 good enough?
Replies: 25
Views: 1592

Re: Total Stock Market completion fund - S&P 500 index with Russell 2000 good enough?

Just curious, where would I get the updated ratio info you provided? If I do an 80/20 split, how do you stay current on the latest recommendations from year to year? Thank you. Cow 500 Index alone is just fine. 500 index and 10% Russell 2000 is fine. 500 index and 20% Russell is fine. They are all ...
by retiredjg
Sun Dec 02, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Moving Pods or "Packs" for long distance move
Replies: 12
Views: 1442

Re: Moving Pods or "Packs" for long distance move

Last time I looked at this (cross country move) it was much more expensive than UHaul for my situation.
by retiredjg
Sun Dec 02, 2018 5:16 pm
Forum: Personal Consumer Issues
Topic: Quality Kitchen Faucet Recommendations?
Replies: 36
Views: 2743

Re: Quality Kitchen Faucet Recommendations?

I guess this might not be "low profile", but I had this kitchen faucet installed several months ago and have been very happy with it. It is nice looking, easy to use, high quality, not high price, and easy to install. It's a pleasure to use which is important considering how much time a person spend...
by retiredjg
Sun Dec 02, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Personnel turnover in Vanguard Personal Advisory Services
Replies: 22
Views: 2134

Re: Personnel turnover in Vanguard Personal Advisory Services

I'd be interested in hearing if the changing of the advisors has resulted in changing guidance of your portfolio to any significant degree.

I agree it might be frustrating but I wonder if it is also harmful.
by retiredjg
Sun Dec 02, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market completion fund - S&P 500 index with Russell 2000 good enough?
Replies: 25
Views: 1592

Re: Total Stock Market completion fund - S&P 500 index with Russell 2000 good enough?

Of course it is an adequate completion fund. There might be a few people who would prefer something else, but many people attempt to achieve an unnecessary preciseness in their investing. Investing is not precise at all. Get something close to your ideal at the lowest cost you can find and call it g...
by retiredjg
Sun Dec 02, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: Rules of thumb for allocation/exposure
Replies: 29
Views: 2179

Re: Rules of thumb for allocation/exposure

Indianrock wrote:
Sun Dec 02, 2018 10:37 am

Considering this 51% stock, 46% bond
Well, this does not add up to 100% :happy but numbers in this region are not unreasonable for a 70 year old who wishes to take that much risk.
by retiredjg
Sun Dec 02, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: How to stage long overdue rebalance
Replies: 9
Views: 820

Re: How to stage long overdue rebalance

If you exchange all your IRA and 401k into bonds, your allocation will be 41% bonds and that is not far from your goal. I would sell the Carillon fund at a loss and replace that 11% with Total International. Also sell your Total bond index (which should not be held in a taxable account at your tax r...
by retiredjg
Sun Dec 02, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Simple Person Needs Simple Advice Regarding Retirement
Replies: 26
Views: 2294

Re: Simple Person Needs Simple Advice Regarding Retirement

Thank you. I've always heard to stay away from annuities but as you said, it may be a good fit for some of my money now. There are many kinds of annuities and most should be avoided, just like you have heard. The SPIA (single premium immediate annuity or single premium income annuity - I've heard b...
by retiredjg
Sun Dec 02, 2018 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Simple Person Needs Simple Advice Regarding Retirement
Replies: 26
Views: 2294

Re: Simple Person Needs Simple Advice Regarding Retirement

However I did save a lot of money in the past 30 years. It has sat in the bank with dormant interest rates. The best way for me to approach this would be to invest the money at about 30% stocks and 70% bonds - likely a Target Retirement Income fund. But since you've not invested your money in the p...
by retiredjg
Sun Dec 02, 2018 9:53 am
Forum: Investing - Theory, News & General
Topic: Rules of thumb for allocation/exposure
Replies: 29
Views: 2179

Re: Rules of thumb for allocation/exposure

All of those are just guidelines and they still make sense in my book. They are not rigid rules to follow though. For example, I don't think I want my stock exposure to ever go below 30% or 35% no matter how old I get.
by retiredjg
Sun Dec 02, 2018 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion for 2019 and Beyond
Replies: 8
Views: 1314

Re: Roth Conversion for 2019 and Beyond

INCOME: Current Social security income: $28.2K /year. (SSDI income). Investment income: approx. $10K/year. Is the SSDI income taxable? Are you single? Is this $38.2k enough to cover your living expenses each year? Will there be other income that starts at a later time, maybe a pension or something ...