Search found 151 matches

by Ready3Retire
Thu Jun 04, 2020 6:05 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3136
Views: 543019

Re: What are you up YTD? [Year To Date]

My 401K comprised of 56% Fixed (46% bonds, 10% MM) / 44% Equity (US & Int'l) finally recovered from YTD losses. Up +0.08% YTD as of yesterday! :sharebeer
by Ready3Retire
Mon Mar 16, 2020 8:26 am
Forum: Personal Investments
Topic: Who is continuing to buy as planned?
Replies: 119
Views: 8378

Re: Who is continuing to buy as planned?

I'm continuing to buy with each monthly paycheck with my pre COVID-19 allocation: 44% equity / 46% Total Bond / 10% MM

Hoping our aggressive quarantining/social distancing helps keep our rate of infection curve stay relatively flat so we don't overwhelm the medical system.
by Ready3Retire
Fri Feb 28, 2020 6:52 am
Forum: Personal Investments
Topic: Time to Rebalance?
Replies: 2
Views: 426

Re: Time to Rebalance?

Is this less than you thought? Yes, it is! I had not done the math and did not account for the fact that the denominator is also getting smaller. I'm still curious how many of those folks that have a 2.5% rebalance trigger have rebalanced. Or, are most IPS rebalance triggers assymetric - i.e. only ...
by Ready3Retire
Thu Feb 27, 2020 10:48 pm
Forum: Personal Investments
Topic: Time to Rebalance?
Replies: 2
Views: 426

Time to Rebalance?

Curious if many people are following their Investment Policy Statments with respect to rebalancing in this current market correction. I've seen IPS examples that say to rebalance if stock/bond percentages get out of whack by more than 2.5% or 5%. We've centainly exceeded that and more this week! Reg...
by Ready3Retire
Fri Feb 14, 2020 11:55 am
Forum: Personal Investments
Topic: Traditional and Roth 401k combined account
Replies: 34
Views: 1961

Re: Traditional and Roth 401k combined account

Why do you expect to be in a higher tax bracket in retirement than now? Stated another way, if you are in a 22% tax bracket now, do you expect to be in a 22% tax bracket or higher in retirement (meaning you are already projecting to have $100k+ income, in inflation adjusted dollars). Are you sure? ...
by Ready3Retire
Tue Jan 14, 2020 6:58 am
Forum: Personal Investments
Topic: Should I consider roth401k?
Replies: 14
Views: 1232

Re: Should I consider roth401k?

Some additional information needed in order to answer your question:
1) what marginal tax rate do you expect to be in after you retire?
2) will you (and spouse) have a pension and if so how much?
3) what do you expect your (and spouse) 401K/IRA balance to be when you retire?
by Ready3Retire
Sun Jan 12, 2020 6:18 pm
Forum: Personal Consumer Issues
Topic: College Reunion Destination
Replies: 49
Views: 3490

Re: College Reunion Destination

Another vote for Nashville! In addition to golf and a great nightlife, there are a number of distilleries that offer free tours that are not too far away from Nashville.
by Ready3Retire
Sun Jan 05, 2020 6:06 pm
Forum: Personal Investments
Topic: How should we pay taxes?
Replies: 10
Views: 1666

Re: How should we pay taxes?

I suggest your wife does a Roth IRA like you are doing. I think having a good balance of pre tax IRA and tax free Roth savings is the best strategy.
by Ready3Retire
Fri Jan 03, 2020 1:48 pm
Forum: Personal Investments
Topic: rebalancing tips
Replies: 10
Views: 615

Re: rebalancing tips

desired asset allocation is 70/30 U.S./Intl.
Do you mean 70/30 Equity/Bonds? Or are you 100% Equity and targeting 70/30 US /Int'l?
by Ready3Retire
Wed Jan 01, 2020 9:57 am
Forum: Investing - Theory, News & General
Topic: Equity/Bond ratio in retirement
Replies: 20
Views: 2046

Re: Equity/Bond ratio in retirement

Why make your portfilio more risky if you don't need to? My opinion is 60/40 is plenty agressive enough for someone 4 years away from needing to pull out 4% a year.
by Ready3Retire
Wed Jan 01, 2020 9:25 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3136
Views: 543019

Re: What are you up YTD? [Year To Date]

I was up 16.7% for 2019 in my 401K that was roughly 50% Equity / 50% Fixed Income. I ramped down equity throughout the year as I approach retirement and am currently at 44% Equity / 56% Fixed Income.
by Ready3Retire
Wed Jan 01, 2020 8:58 am
Forum: Personal Investments
Topic: Well.... Its about time for international for me
Replies: 26
Views: 3678

Re: Well.... Its about time for international for me

My suggestion is to write up an Investment Policy Statement (IPS) with your desired asset allocation, including international, along with any other pertinent info (savings rates, rebalance triggers, etc). Then, wait a week and if you still agree with the international allocation, pull the trigger. I...
by Ready3Retire
Sun Dec 29, 2019 6:22 pm
Forum: Personal Consumer Issues
Topic: Kitchen faucet pull-down nozzle
Replies: 18
Views: 1822

Re: Kitchen faucet pull-down nozzle

If you had adequate flow at some point, you may now have a build up of mineral deposits. You may improve the flow if you soak the spray head in a bowl of white vinegar and water diluted to 50/50.
by Ready3Retire
Tue Dec 24, 2019 8:56 am
Forum: Personal Investments
Topic: Keep Adding to Wellesley (VWIAX) and Balance Index(VBIAX)
Replies: 11
Views: 1755

Re: Keep Adding to Wellesley (VWIAX) and Balance Index(VBIAX)

Slope - adding to VWIAX and VBIAX in taxable is fine. One tweak to your portfolio I would do is sell $150K Total Bond in taxable and buy $150K of Total US. At the same time, sell $150K of Total US in 401K/IRA and buy $150K of Total Bond. Your overall asset allocation would be unchanged but you would...
by Ready3Retire
Mon Dec 23, 2019 11:01 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 284
Views: 37006

Re: What is your AA, given your age? and, Why?

I'm 59 and DW is 55 and both planning to retire in a year. Currently at 44/56 stock/FI (5X Bond + 1X Interest Income). I've been ramping down my equity the last 2 years from 70/30. Hoping to avoid a bad sequence of return situation after I pull the trigger on retirement. Currenty at about 29X expens...
by Ready3Retire
Sat Nov 30, 2019 10:28 pm
Forum: Investing - Theory, News & General
Topic: Tax Deferred : Taxable : Tax Free
Replies: 224
Views: 14291

Re: Tax Deferred : Taxable : Tax Free

78% 12% 10%
Age 59. Planning to retire in a little over a year and will have pension (if I don't take the lump sum). I recently changed 401K contributions to be 1/2 401K and 1/2 Roth 401K and plan to continue until I retire. After I retire, I plan to do Roth conversions to top of 22% bracket.
by Ready3Retire
Tue Nov 26, 2019 10:29 pm
Forum: Personal Consumer Issues
Topic: Should The Dentist See Me On Every Visit?
Replies: 64
Views: 4017

Re: Should The Dentist See Me On Every Visit?

It depends on your dental insurance. For several years my dental insurance did not cover the dentist 3 minute exam after the hygienist completed the cleaning. To avoid paying the $80 out of pocket fee I would let the hygienist know I was not having any dental issues so did not need the dentist to do...
by Ready3Retire
Mon Nov 04, 2019 6:56 am
Forum: Personal Investments
Topic: Is there a typical age (or years until retirement) where Roth IRA stops making sense vs pre-tax (401k)?
Replies: 17
Views: 2537

Re: Is there a typical age (or years until retirement) where Roth IRA stops making sense vs pre-tax (401k)?

If that is your expectation and contribution amount, the indicated action is to go 100% Roth because a tie goes to the Roth when Maxing out your retirement accounts. Sorry, I should have mentioned, 1/2 401K Roth contributions will keep me in the 22% tax bracket. 100% will push me up to 25% marginal...
by Ready3Retire
Mon Nov 04, 2019 5:47 am
Forum: Personal Investments
Topic: Is there a typical age (or years until retirement) where Roth IRA stops making sense vs pre-tax (401k)?
Replies: 17
Views: 2537

Re: Is there a typical age (or years until retirement) where Roth IRA stops making sense vs pre-tax (401k)?

This Kitces article may be helpful (https://www.kitces.com/blog/roth-vs-traditional-ira-the-four-factors-that-determine-which-is-best/ ) There are only four factors that impact the wealth outcome when choosing between a Roth or traditional IRA (or other retirement account). They are: current vs futu...
by Ready3Retire
Sat Nov 02, 2019 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 156
Views: 15286

Re: Possible Layoff: Need Assurance That We Will Be Okay

Pennywise - I found your post very helpful with my angst about retiring after nearly 40 yrs of steady emloyment. End of 2020 CY is my plan. Thanks!
by Ready3Retire
Sat Oct 12, 2019 5:38 am
Forum: Personal Consumer Issues
Topic: Hilton location - can only be called from landline?
Replies: 27
Views: 2420

Re: Hilton location - can only be called from landline?

My suggestion is go to a Hilton hotel near your home and ask them to use their landline to call the Hilton hotel you need to call.
by Ready3Retire
Thu Oct 10, 2019 6:15 am
Forum: Personal Finance (Not Investing)
Topic: Working in a different city
Replies: 32
Views: 2329

Re: Working in a different city

Could you do a 6 month trial of 1 week on 2 weeks off at new job, and at the same time have your current employer agree to you doing 2 weeks on 1 week off? After 6 months, you will know how the 1 of every 3 weeks away is working, as well as how you like the new position. You'll also be exhausted I'm...
by Ready3Retire
Wed Sep 04, 2019 5:48 am
Forum: Personal Consumer Issues
Topic: Pre-paid Funeral Expenses
Replies: 66
Views: 4368

Re: Pre-paid Funeral Expenses

Maybe a good middle ground is for your in laws to spell out funeral wishes (e.g. cremate vs bury, wood vs metal coffin) and purchase a cemetery plot in advance. Having recently gone thru a funeral of a parent, I can tell you it would have been nice if a lot of these decision were made in advance. I ...
by Ready3Retire
Thu Aug 29, 2019 6:35 pm
Forum: Personal Consumer Issues
Topic: College age male: How much money for food?
Replies: 138
Views: 6685

Re: College age male: How much money for food?

I ACH auto transfer $130 every 2 wks during the school year to my college student son’s bank account.
by Ready3Retire
Mon Aug 19, 2019 5:53 am
Forum: Personal Investments
Topic: Minimal Cash and Bonds in Portfolio
Replies: 23
Views: 2532

Re: Minimal Cash and Bonds in Portfolio

If it were me, I would change my $3.5M to a 80/20 or 70/30 allocation. The difference in returns between 100/0 and 80/20 or 70/30 is not be worth the risk. But that is just me.
by Ready3Retire
Mon Aug 19, 2019 5:24 am
Forum: Personal Investments
Topic: Portfolio advice and Mega Backdoor Roth options
Replies: 3
Views: 443

Re: Portfolio advice and Mega Backdoor Roth options

I'll respond to some of your questions - If you are currently at 98/2, that is way too aggressive given your ages. I would rebalance immediately to your desired 70/30. Also, suggest you keep previous employer 401k monies there and not roll over to a tIRA, Reason is this allows you to do backdoor Rot...
by Ready3Retire
Sun Jul 21, 2019 7:17 pm
Forum: Personal Consumer Issues
Topic: Prescription drug cost and manufacturer coupon
Replies: 8
Views: 586

Re: Prescription drug cost and manufacturer coupon

Good job checking on line for the mfgr coupon. Due to high deductible healthcare plans, gone are the days of $25 (or less) co-pays. Now, one has to check these options until you find a reasonable cost for a prescription:
1) Insurance cost
2) GoodRx cost
3) Mfgr coupon
4) Canadian pharmacies
by Ready3Retire
Wed Jul 10, 2019 10:11 pm
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 92
Views: 7337

Re: Automatic Watches

My Omega Seamaster automatic loses about 1-2 MINUTES per day. I sent it in to the factory for a tune up/cleaning a few years ago at a cost of $700. It kept better time for a year or two. I now reset it every few days rather than spend the cost of a very nice new watch every few years for a tune up/c...
by Ready3Retire
Sat Jun 29, 2019 7:08 am
Forum: Personal Investments
Topic: Holding foreign currency for travel
Replies: 11
Views: 734

Re: Holding foreign currency for travel

I do not do this. I use an ATM debit card (Charles Schwab checking account) that has no foreign transaction fee and refunds ATM fees to withdraw local currency after I arrive in a foreign country.
by Ready3Retire
Fri Jun 28, 2019 5:45 am
Forum: Personal Investments
Topic: Looking For A Review On How To Invest $2.5M
Replies: 7
Views: 2122

Re: Looking For A Review On How To Invest $2.5M

Your wife's traditional IRA will complicate backdoor Roths for her. Read up on pro rata rule here: https://www.bogleheads.org/forum/viewtopic.php?t=239356 Since her balance is only $5K you may want to just pay the taxes and convert it to a Roth so you are clear for future backdoor Roths for her. Ano...
by Ready3Retire
Mon Jun 17, 2019 5:43 am
Forum: Personal Investments
Topic: ROTH asset allocation
Replies: 5
Views: 763

Re: ROTH asset allocation

If your portfolio includes after-tax, tax deferred (e.g. 401k, tIRA), and tax free (e.g. Roth), the recommended allocation is: 1) after- tax: hold most tax efficient such as total US or total international because you have to pay taxes on the earnings; 2) tax deferred: hold tax inefficient and lowes...
by Ready3Retire
Sun Jun 02, 2019 5:21 am
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 153
Views: 17759

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why?

Would it make sense to use instead of X times expenses, X times the drawdown required to meet expenses. There is a big difference if most/all of your expenses are covered by pension/SS vs little or none. The equity allocation/risk need can be vastly different. I've always thought that was implied, ...
by Ready3Retire
Mon May 27, 2019 6:40 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2020!
Replies: 226
Views: 25960

Re: Roll Call for the Retirement Class of 2020!

Well, I've been jealously watching these Roll Call threads the last several years and now I can finally post! I'm planning to retire Dec 31, 2020 from MegaCorp after 32 1/2 years there. I'll be just over 60 years old. My wife plans to stop working at the same time as I do. Our plan is to then move o...
by Ready3Retire
Tue May 21, 2019 7:15 pm
Forum: Personal Investments
Topic: Advice on Windfall
Replies: 17
Views: 2058

Re: Advice on Windfall

4.75% is a highish mortgage rate especially with new tax law. You might consider using a portion of your windfall to pay off your mortgage balance. This will allow you to divert the money you would be using on the mortgage to savings - either Roth, tax deferred, or after tax.
by Ready3Retire
Thu May 16, 2019 6:04 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 495
Views: 58204

Re: Selling home- Demanding Buyer (Repairs)

Given you accepted the request to pay for the $5,200 of repairs, I suggest start pushing back a bit and agree to fund 50% of the new septic and drain field. This should make the prospective buyer feel like he got something out of the negotiation. Also, you are still getting a sell price above your i...
by Ready3Retire
Wed May 15, 2019 11:33 am
Forum: Personal Consumer Issues
Topic: a week in Italy(first time)
Replies: 53
Views: 4669

Re: a week in Italy(first time)

For italy, is it recommended to carry cash (Euros) or will credit card work in most places? We found most places accepted credit cards. Use one that does not charge a foreign transaction fee. Some stores/restaraunts will ask if you want the bill in USD or Euros. Always pay in Euros. Also, it is goo...
by Ready3Retire
Fri May 03, 2019 4:57 am
Forum: Personal Consumer Issues
Topic: Canadian Pharmacies
Replies: 27
Views: 2945

Re: Canadian Pharmacies

I've used Northwestpharmacy.com very successfully three times. In my case, US cost for 90 days supply was $1,200 - even using using the GoodRx App. Northwestpharmacy cost was $195 incl shipping. They give you the option of brand name or generic. You just attach a photo of the script and check when o...
by Ready3Retire
Sat Mar 30, 2019 12:42 pm
Forum: Personal Investments
Topic: tIRA to Roth IRA Conversion Tax Question
Replies: 2
Views: 337

Re: tIRA to Roth IRA Conversion Tax Question

Thanks David Jay!
by Ready3Retire
Sat Mar 30, 2019 9:21 am
Forum: Personal Investments
Topic: tIRA to Roth IRA Conversion Tax Question
Replies: 2
Views: 337

tIRA to Roth IRA Conversion Tax Question

My 21 year old son had about $550 of pre tax money in a 457(b) from a previous summer job. Because he no longer works there, and the value of the account was less than $1,000, he was notified by the provider that they would close the account and mail him a check if he did not roll it over to a rollo...
by Ready3Retire
Sat Mar 23, 2019 7:01 am
Forum: Personal Consumer Issues
Topic: Lease a car or buy a car
Replies: 49
Views: 4123

Re: Lease a car or buy a car

You can usually find a lease special (not on a Mercedes, probably) for under $250 a month x 24 months. Over 10 years, that's $30,000. You can have a brand new car every two years for a total outlay of $30,000 and never pay for any upkeep. Or, you can spend $30,000 now on a brand new car and have a ...
by Ready3Retire
Fri Mar 22, 2019 5:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19464
Views: 2695807

Re: U.S. stocks in free fall

Today was one of those rare days where BND (Vanguard Total Bond Market ETF) went up over 0.5%. I for one am glad I hold nearly 50% of my investments in bonds. We'll see what next week brings....
by Ready3Retire
Mon Mar 18, 2019 11:19 am
Forum: Personal Investments
Topic: Allocation - No Bonds yet, but they seem like a bad deal. - 38yo
Replies: 41
Views: 3077

Re: Allocation - No Bonds yet, but they seem like a bad deal. - 38yo

Fidelity US Bond Index Fund (FXNAX) is up 1.6% YTD. My state Fidelity Muni bond fund is up 1.7% YTD. What sort of returns are you looking for from a bond fund?
by Ready3Retire
Mon Feb 04, 2019 8:25 pm
Forum: Personal Consumer Issues
Topic: Tips/suggestions for skiing out west?
Replies: 46
Views: 3183

Re: Tips/suggestions for skiing out west?

Check out Park City Mountain Resort website for stay and ski packages. Great prices and you can’t beat the convenience of SLC - 45 minutes away from PCMR. I took my family of 4 there 2 different times. Also don’t bother skiing over to The Canyons side.
by Ready3Retire
Mon Jan 28, 2019 6:41 am
Forum: Personal Investments
Topic: Helping Kids with Home Purchase
Replies: 77
Views: 6758

Re: Helping Kids with Home Purchase

deleted
by Ready3Retire
Mon Jan 28, 2019 6:06 am
Forum: Personal Investments
Topic: Reduce Tax exposure when RMD's kick in
Replies: 22
Views: 2587

Re: Reduce Tax exposure when RMD's kick in

Also, your spouse who does not work can do a backdoor Roth IRA. Best if she does not currently have a traditional IRA. $7K for 2019. See link https://www.bogleheads.org/wiki/Backdoor_Roth
by Ready3Retire
Sun Jan 27, 2019 9:16 am
Forum: Personal Investments
Topic: Investment Allocation - Bucket Approach
Replies: 26
Views: 2009

Re: Investment Allocation - Bucket Approach

I would say your desired overall asset allocation should supersede the fallout allocation. Why not just adjust the bucket 3 asset allocation so it results in the overall 50/50 targeted allocation - i.e. split the $700K as $500K stock/$200K of bonds?
by Ready3Retire
Tue Jan 15, 2019 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Change my mind - Lease > Buy New Car
Replies: 23
Views: 2264

Re: Change my mind - Lease > Buy New Car

I like driving a newish car because I want a reliable car and don’t want to pay big money to replace tires, brakes, etc. I do 3 year leases and get the 15k miles per year. My current lease is a 2017 Ford Fusion SE for $221 per month. I went to some technology demonstration promo at a nearby Ford dea...
by Ready3Retire
Mon Jan 07, 2019 5:34 pm
Forum: Personal Consumer Issues
Topic: How to save on prescription drug costs?
Replies: 60
Views: 5317

Re: How to save on prescription drug costs?

When I have a new prescription to fill for me or one of my dependents, I explore these 4 options to find a reasonable price: > My medical/prescription drug insurance – I call the number on back of my insurance card to get the co-pay of medication at various pharmacies. - If a reasonable price, I jus...