Search found 231 matches

by hawkfan55
Fri Apr 20, 2018 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 123
Views: 13090

Re: Divs and Cap Gains are killing me

BTW, the taxes on cap gains and divs are far smaller than the taxes on IRA distributions/withdrawals
+1 :sharebeer
by hawkfan55
Wed Apr 11, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Active Adult Retirement Communities
Replies: 36
Views: 3644

Re: Active Adult Retirement Communities

I appreciate everyone's ideas, recommendations and thoughts. Again, we did visit The Villages in Florida and found it to be very nice! Del Webb's Sun Cities have also experienced lots of success. Robson Communities also seem very nice. With their success over the years, lots of people love the activ...
by hawkfan55
Mon Apr 09, 2018 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Will I catch up saving for retirement?
Replies: 54
Views: 4479

Re: Will I catch up saving for retirement?

My salary alone is 200k and I’m behind in saving for retirement. Currrently I have around 350k saved at age 34. Our HHI is 425k and we are both maxing out retirement and saving ~6k a month into a private brokerage account. With a household income of $425k and saving $86k in retirement accounts AND ...
by hawkfan55
Sun Apr 08, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Active Adult Retirement Communities
Replies: 36
Views: 3644

Re: Active Adult Retirement Communities

HomerJ, thanks for your reply. We're just getting started looking at Active Retirement Communities and have visited The Villages in Florida. We were impressed how nicely landscaped and organized The Villages were. Seemed really nice. We think the gulf side of Florida might suit us better than the At...
by hawkfan55
Sat Apr 07, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Active Adult Retirement Communities
Replies: 36
Views: 3644

Active Adult Retirement Communities

I am looking for suggestions from Bogleheads as to nice Active Adult Retirement Communities in Florida and Arizona that we might want to consider? We enjoy golf, walking, bicycling, pickleball, and socializing. We want to keep our housing expense under $500k. Thank you.
by hawkfan55
Wed Apr 04, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Estimated taxes for 2018
Replies: 18
Views: 1674

Re: Estimated taxes for 2018

use the trump tax calculator As he refuses to share his tax returns, coupled with his multiple bankruptcies, I would not recommend using his calculator! https://www.irs.gov/individuals/irs-wit ... calculator I have used the IRS Calculator for 2018 and found it to be accurate and easy to use. :happy...
by hawkfan55
Thu Mar 29, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: IRMAA and Roth Conversions
Replies: 21
Views: 1122

Re: IRMAA and Roth Conversions

FiveK, The Wizard, Celia, Wagnerjb, munemaker, neilpilot, Pops1860, smitcat, Artsdoctor, pshonore, and BigFoot48 ... Thank you all for your comments, thoughts and recommendations! I really appreciate everyone's replies. Celia, as you may remember, you helped me last year when I was considering doing...
by hawkfan55
Wed Mar 28, 2018 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: IRMAA and Roth Conversions
Replies: 21
Views: 1122

IRMAA and Roth Conversions

I will be turning 63 this year and my DW is 59. We file our taxes Married and Joint. We want to do IRA to Roth Conversions into the 22% and possibly into the 24% tax bracket during the current tax year and into the next three or four following years to avoid RMDs pushing us into higher tax brackets ...
by hawkfan55
Wed Mar 28, 2018 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Retiree looking for investment advice
Replies: 15
Views: 1748

Re: Retiree looking for investment advice

LGVILLANO, I also retired in 2017. Education is the key... it will help you understand investment principles. With stock funds, you own very small parts of businesses and share in their profits (dividends). With bond funds, you are lending your money for a time and rate in effect at the time of inve...
by hawkfan55
Sat Feb 17, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 17691

Re: Number at which to stop worrying

Retired @ 62, DW 59 & working one more year. 45/55 Stock/Bond Allocation SS = $52k per year Pensions = $54.2 per year Roth Accounts = $460k = $18.4 per year at 4% withdrawal IRA/403b Accts = $950k = $38k per year at 4% withdrawal Total Income = $162.6k per year Less Effective Fed/State Tax = 22.33% ...
by hawkfan55
Sat Feb 17, 2018 1:04 am
Forum: Investing - Theory, News & General
Topic: How many of you use the "4% rule" during retirement?
Replies: 68
Views: 8823

Re: How many of you use the "4% rule" during retirement?

The 4% guideline is kept in mind, however, life is not that simple. I am 62 and retired for the past year, DW is 59 with one year before retiring. Her pension starts immediately upon her retirement, I'm waiting until age 65 to start a small pension and waiting till FRA or later to start SS, DW will ...
by hawkfan55
Mon Feb 12, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 127
Views: 12277

Re: Anybody else Age - 10 in bonds, rest in stocks

Me 62 Retired, DW 59
45/55 Stocks/Bonds and Stable Value
I consider Stable Value similar to bonds at 3.25-3.5% return without interest rate risk.
Closer to age-5 in fixed income
After start of SS (FRA or later) and Pensions, will go to 50/50
by hawkfan55
Mon Feb 05, 2018 9:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 15295

Re: Did any other brokerages crash today other than Vanguard?

I was not able to get in 10-15 before the close and not several minutes after the close.
+1
by hawkfan55
Mon Feb 05, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 15295

Re: Vanguard site is crashed now?

still somewhat surprised and disappointed that VGG hasn’t designed platform for client volume I'm sure many here are reluctant to admit they were doing some reallocation towards the end of the "trading day". I did want to transfer (convert) some funds from IRA to Roth IRA. Unfortunately, I received...
by hawkfan55
Tue Jan 23, 2018 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy a business or suck it up at a job(s) with a pension.
Replies: 82
Views: 6108

Re: Should I buy a business or suck it up at a job(s) with a pension.

Another option I thought of was retire at 50, go work at my friends car wash if after a few months it still interests me explore buying my own place. However, this then makes me ineligible for the free medical at 55 because I’d be retiring at 50 from my employer. If I did this, my wife would have t...
by hawkfan55
Tue Jan 23, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Can we pull the plug (retire)?
Replies: 10
Views: 2841

Re: Can we pull the plug (retire)?

You could probably do this and make it work. You may want to use the Optimal Retirement Planner, www.i-orp.com. If you are happy with the spending result, you can make it work. You also will want to look at possible Roth Conversions up to the top of the new 12% fed bracket. I like your conservative ...
by hawkfan55
Tue Jan 23, 2018 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with old pension?
Replies: 12
Views: 832

Re: What to do with old pension?

I worked 10 years for a company with a pension and terminated employment with them when I was 36 years old. I left the money in the company plan rather than taking a lump sum. Now 62 years old and still haven't taken it despite being retired and being eligible to start taking a monthly payment at 55...
by hawkfan55
Tue Jan 23, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with old pension?
Replies: 12
Views: 832

Re: What to do with old pension?

How stable is the company?
Have they told you how much the monthly benefit would be at retirement?
Is the pension "cost of living adjusted"?
Monthly pensions are a valuable asset and fewer companies are offering them.
by hawkfan55
Tue Jan 16, 2018 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Roth Conversion Question
Replies: 4
Views: 315

Re: Quick Roth Conversion Question

The Wiki has info on Roth Conversions. Depending on your income streams, you may also want to research IRMAA as there are Modified Adjusted Gross Income, MAGI, brackets that determine your premiums for Medicare. You have room to do Roth Conversions without concern for IRMAA until the tax year two ye...
by hawkfan55
Tue Jan 16, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Non-IRA Investment
Replies: 3
Views: 354

Re: Non-IRA Investment

was advised by Vanguard that the intended Wellington fund would not be the most appropriate fund because of the tax consequences. I agree, the place to start is the Wiki. Vanguard Wellington is 60% Bonds and 40% Stocks. Bonds are typically not recommended for taxable accounts as the dividends will ...
by hawkfan55
Tue Jan 16, 2018 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Question for Retired BH, over 59.5 with Roth Acct
Replies: 10
Views: 844

Question for Retired BH, over 59.5 with Roth Acct

This question is for Retired Bogleheads who are over 59.5 years old and have a Roth IRA account(s).... How do you plan to spend your Roth Assets? A. Withdraw Roth Assets to supplement spending while keeping under the top of a chosen tax bracket B. Withdraw from Roth for large special expenditures C....
by hawkfan55
Mon Jan 15, 2018 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Possible retirement?
Replies: 10
Views: 1207

Re: Possible retirement?

Can you take your company pension as a monthly payment or do you have to take a lump sum? If a monthly payment, is your pension Cost of Living Adjusted? When do you plan to take Social Security? What is your Full Retirement Age, FRA, Social Security payment? Will your spouse also have SS? How do you...
by hawkfan55
Mon Jan 15, 2018 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Possible retirement?
Replies: 10
Views: 1207

Re: Possible retirement?

1.5M is a lot to have invested in one stock fund, Fidelity Contrafund Commingled Pool Fund. You've had a great run with this investment over the past 10 years. How would you feel if it were to lose 50% of it's value over the next 6-12 months? The expense ratio for the fund is .43%. You can invest in...
by hawkfan55
Sun Jan 14, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: New investor - need advice on $50K investment
Replies: 3
Views: 458

Re: New investor - need advice on $50K investment

Welcome to the forum... I can't really offer you advice because I'm not sure of rules regarding non-US citizens investing rules. You might want to check the Wiki to see if any guidance can be found. I'm sure you'll receive responses as there are sure to be BH contributors familiar with you circumsta...
by hawkfan55
Tue Jan 09, 2018 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for large sum
Replies: 35
Views: 2450

Re: Asset allocation for large sum

Noob, I have one question... did you complete Vanguard's AA questionnaire listed below and review the Bogleheads Wiki, link in my signature? If yes, you are well on your way to developing as an investor and making decisions that will impact your investing future! :D If not, I doubt you are serious r...
by hawkfan55
Mon Jan 08, 2018 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for large sum
Replies: 35
Views: 2450

Re: Asset allocation for large sum

Noob, you posted this earlier... I have a rather unique situation, i've stayed out of the markets since the crash of 2008 since it super spooked me. At the time I did not clearly understand much of investing and mostly took advice from colleagues etc. Other factors kept me out as well, I had been tr...
by hawkfan55
Mon Jan 08, 2018 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: criticize my portfolio
Replies: 7
Views: 650

Re: criticize my portfolio

etguy, I thought you were asking about a tax deferred account such as the 529. Looking at your original post, it is not clear the planned location of REIT and extended market. Have you read the prospectus for these two ETFs/funds? I would recommend you check out the Bogleheads Wiki at https://www.bo...
by hawkfan55
Mon Jan 08, 2018 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for large sum
Replies: 35
Views: 2450

Re: Asset allocation for large sum

Noob, go to the Bogleheads Wiki. You'll find a whole section on Asset Allocation. I would recommend reading the Wiki to understand investing principles and the relationship between risk and reward with asset classes. Vanguard also has great information for investors seeking to learn and a risk quest...
by hawkfan55
Mon Jan 08, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: criticize my portfolio
Replies: 7
Views: 650

Re: criticize my portfolio

anything wrong with my AA : Taxable : total stock total international tax exempt intermediate Muni bond iRA : vanguard health fund, life strategy 529 for two kids : both aggressive ( 90/10 ) allocation : 75 % stock, 25 % bond I am planning to add REIT and extended market - i Know both are in the to...
by hawkfan55
Sun Jan 07, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2832

Re: Do we have too much in bonds?

Don't be a pig
Pigs get fat, hogs get slaughtered. It pays to be greedy, but not too greedy or else you'll get in trouble. If you get too greedy like a hog, you can end up losing it all. :sharebeer
by hawkfan55
Sun Jan 07, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2832

Re: Do we have too much in bonds?

2Pedals, our situations are somewhat similar... Ages: Me 62 (Retired a year ago) & DW 58 (wants to work till 60, taxable earned income of $69k less 24k to 403b) , MFJ, DW has Non-Cola Pension of $40k begins upon retirement in 2 yrs, I have Non-Cola Pension of 13k that I will start in 3 yrs at age 65...
by hawkfan55
Tue Jan 02, 2018 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Please explain EE bond compounding
Replies: 11
Views: 889

Re: Please explain EE bond compounding

Think I read that the Savings Bond Wizard is being discontinued in mid 2018.
Just FYI.
by hawkfan55
Fri Dec 29, 2017 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement decision help!
Replies: 68
Views: 6350

Re: Retirement decision help!

Lump Sum $1,379,048 Your lump sum at a 4% safe withdrawal rate is $4,596.82 per month. Since you have 1.8 M tax deferred retirement savings, I would probably take the annuity payment your company is offering you. This is the conservative play. You will probably want to get started on Roth Conversio...
by hawkfan55
Mon Dec 25, 2017 4:49 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Present to You
Replies: 90
Views: 8744

Re: My Christmas Present to You

Merry Christmas Taylor! Thank you for your service!
by hawkfan55
Fri Dec 22, 2017 12:23 am
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 12905

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Feels dumb to hold bonds I'm hoping to hear this a little more... makes me feel better about my 45/55 Stock Bond Allocation. At 62 and retired, I do not have the time to recover from a long drawn out bear market in stocks and holding bonds gives me peace of mind. A few famous quotes from Warren Buf...
by hawkfan55
Wed Dec 20, 2017 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 54187

Re: Tax Bill Omnibus Thread

I'm just glad I can file my Form 1040 on a postcard henceforth...
+1 This will be great! I thought the IRS was encouraging Americans to file electronically. Now, we are being encouraged to file through snail-mail on just a postcard :confused :happy
by hawkfan55
Wed Dec 20, 2017 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 54187

Re: Tax Bill Omnibus Thread

That's what I'm thinking. It may be wise for a lot of people to take full advantage of the 24% bracket as the next bracket down is only 2% lower, 24% is a pretty good rate, it's a pretty wide bracket, and the next one up is a huge jump (32%). Would someone who is 63 or older want to limit conversio...
by hawkfan55
Wed Dec 20, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 54187

Re: Tax Bill Omnibus Thread

That's what I'm thinking. It may be wise for a lot of people to take full advantage of the 24% bracket as the next bracket down is only 2% lower, 24% is a pretty good rate, it's a pretty wide bracket, and the next one up is a huge jump (32%). Would someone who is 63 or older want to limit conversio...
by hawkfan55
Mon Dec 18, 2017 11:47 pm
Forum: Investing - Theory, News & General
Topic: Do you have bonds in Roths as a retiree?
Replies: 35
Views: 2985

Re: Do you have bonds in Roths as a retiree?

Yes, we have bond funds in our Roth IRAs. Our Tax Deferred RO IRA/403b accounts make up 70% of our total portfolio with Roth IRAs making up 30%. Our overall portfolio has an asset allocation of 45/55 Stocks/Bonds. I am retired, early 60s and DW is late 50s with about a year and half to go before she...
by hawkfan55
Mon Dec 18, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Cashed out and wondering if/when to get back in
Replies: 26
Views: 3953

Re: Cashed out and wondering if/when to get back in

A conservative balanced fund like Vanguard Life Strategy Conservative Growth might be most appropriate for you
This might work for you as well, depending on your risk tolerance.
by hawkfan55
Mon Dec 18, 2017 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Cashed out and wondering if/when to get back in
Replies: 26
Views: 3953

Re: Cashed out and wondering if/when to get back in

Pianoman, I understand your situation because I've done similar things in my past, distant past thankfully. What was your asset allocation previously? Your stock allocation must have been too high or you wouldn't have been scared of a downturn ruining your portfolio. You can income average back in o...
by hawkfan55
Sat Dec 16, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: New SOLO 401k question re: Roth functionality
Replies: 3
Views: 255

Re: New SOLO 401k question re: Roth functionality

so I'll also need a traditional SOLO 401k to make employER contributions? Yes, because employers are not allowed to contribute to Roth 401k regardless of whether it is Individual (solo) or employer sponsored. I had my Individual 401k with Vanguard (now closed due to recent retirement). It was great...
by hawkfan55
Tue Dec 12, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 156
Views: 17730

Re: What to do after losing $117k in stock market?

Invest minimum to obtain any 401k matching and attack the student loans with a vengenge with every extra dollar. Make it a game to see how fast you can do it to add some excitement.
+1
by hawkfan55
Sun Dec 10, 2017 2:26 pm
Forum: Personal Consumer Issues
Topic: I am buying a car: Most/Least Reliable Makes?
Replies: 83
Views: 5889

Re: I am buying a car: Most/Least Reliable Makes?

I've have bought GM and Honda vehicles. By far, I've enjoyed the GM vehicles more, quieter and more comfortable. I've never had a breakdown with either. Just change oil every 5k miles and transmission fluid at 80k miles. Timing Belt on Honda at 100k miles. Cars are like opinions. Everyone has one. W...
by hawkfan55
Fri Dec 08, 2017 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion and/or Roth Contribution for those with Few Taxable Assets?
Replies: 8
Views: 1099

Re: Roth Conversion and/or Roth Contribution for those with Few Taxable Assets?

First, I question if you are in the 15% tax bracket this year. Have you done a dry run of your taxes using tax software? (2016 software is close enough) We are in the 15% bracket with DW taxable income and my Rollover IRA Withdrawals for 2017. I've yet to get the 2017 TurboTax program, however, am ...
by hawkfan55
Thu Dec 07, 2017 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: should I rollover a 457 to a roth this tax year
Replies: 5
Views: 396

Re: should I rollover a 457 to a roth this tax year

So, this would be a pretty good year to convert that.
+1
by hawkfan55
Thu Dec 07, 2017 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion and/or Roth Contribution for those with Few Taxable Assets?
Replies: 8
Views: 1099

Re: Roth Conversion and/or Roth Contribution?

Hi Celia and FiveK, thank you for replying to my questions. It seems you may have $1.4M in retirement accounts (since 1.4M * 3.6% = 50K) but we don't know if that is all tax-deferred or a good part of it is Roth. We have 980k in tax deferred (r/o IRA and 403b), me @ 670k and DW @ 310k We have 415k i...
by hawkfan55
Thu Dec 07, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion and/or Roth Contribution for those with Few Taxable Assets?
Replies: 8
Views: 1099

Re: Roth Conversion and/or Roth Contribution?

Those 13k you may contribute to a Roth will be taxed no matter what. Instead, you may chose not to tax your rollover IRA. Unless you have pressing needs to invest more than 13k in a Roth, I’d say the choice is straightforward Thesaints, thank you for your reply. We do not have pressing needs to con...