Search found 1341 matches

by dwickenh
Mon Oct 22, 2018 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Federal taxes in retirement
Replies: 16
Views: 755

Re: Federal taxes in retirement

The best way to control taxes is on the expense side of the equation. If you require 12,000 per month to live, it is harder to keep your taxes under the 22% brkt. It is much easier if you can live on 5,000 per month. Contributions to income from pension, deferred investment withdrawals, and 1/2 of S...
by dwickenh
Sun Oct 21, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: First RMD is due last day of year
Replies: 31
Views: 1469

Re: First RMD is due last day of year

The RMD just has to be taken during the tax year you turn 70 1/2 or up to the following April 15th for the first RMD.. But if you wait til the following year, you have to take 2 RMDs in one tax year. I would just take it any time between now and the end of the year. Your birthday does qualify for 7...
by dwickenh
Sun Oct 21, 2018 8:07 am
Forum: Personal Finance (Not Investing)
Topic: First RMD is due last day of year
Replies: 31
Views: 1469

Re: First RMD is due last day of year

The RMD just has to be taken during the tax year you turn 70 1/2 or up to the following April 1st for the first RMD.. But if you wait til the following year, you have to take 2 RMDs in one tax year. I would just take it any time between Jan 1st 2019 and the end of the year. Your birthday does qualif...
by dwickenh
Sun Oct 21, 2018 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Am I doing it right?
Replies: 15
Views: 1104

Re: Am I doing it right?

I had set this up for automatic deposit to our savings account but recently decided to put the automatic inventing in vanguard VTSAX fund in a brokerage account. It’s $1000 a months, is this a good approach? Should I be doing it differently. I think it's a great plan to save automatically into a br...
by dwickenh
Sat Oct 20, 2018 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: AAA Insurance is increasing my home insurance premium by 47.8%!!! with no claims filed
Replies: 29
Views: 2409

Re: AAA Insurance is increasing my home insurance premium by 47.8%!!! with no claims filed

They are likely doing you a favor as getting competitive bids will save you 10-30% in most bundling(auto and homeowners) cases.

congrats and good luck.

Dan
by dwickenh
Fri Oct 19, 2018 7:49 am
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4676

Re: When to change tires; and what brand

Where do you see that 8/32in is the right tread depth for a brand new tire? I go to 'Americas Tire'. They have a large signboard in their lobby with that info and states that 8/32 is brand new If Lincoln's entire head is visible, the tire is worn to approximately 2/32" and is considered legally wor...
by dwickenh
Thu Oct 18, 2018 9:46 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4676

Re: When to change tires; and what brand

There is nothing more critical to driving safely and avoiding accidents than having high quality tires properly inflated and in good shape. I replace tires at wear bar indicator or a little before depending on the season. Absolutely will not drive icy or snow weather with tires that are worn to nea...
by dwickenh
Thu Oct 18, 2018 9:42 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4676

Re: When to change tires; and what brand

FrugalInvestor wrote:
Thu Oct 18, 2018 9:06 pm
I live in the desert with very little rain. I'm retired, so when it does rain I'm typically at home. I buy new tires when they reach the wear indicators (2/32"). If I were leaving on a driving trip and they were 4/32" or below I'd consider purchasing earlier.
You really are frugal!!! :beer
by dwickenh
Thu Oct 18, 2018 5:26 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4676

Re: When to change tires; and what brand

Thanks all. A few of you commented on the reliability of tires as they wear. I am all for being safe. But practically speaking, do you know of anyone you know who had a mishap with tires being too work out ? I have driven 350,000 miles among my cars and only once has a tire blown out when I was dri...
by dwickenh
Wed Oct 17, 2018 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Help me understand
Replies: 16
Views: 1643

Re: Help me understand

If equities were down this year, would you not invest in them? Bonds being down is directly related to their increased yield. Yield is the best predictor of long term returns for bonds. A rising yield bodes well for the future, and you don't need this money until the future per your timeline.
by dwickenh
Wed Oct 17, 2018 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Did you retire because you hit your number?
Replies: 71
Views: 6318

Re: Did you retire because you hit your number?

I hit my number 2 years earlier than I retired. I retired due to DW health concerns and made the right choice. She is in remission and we are enjoying traveling and daily life.
by dwickenh
Tue Oct 16, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: International Fund Down - What to do?
Replies: 36
Views: 2289

Re: International Fund Down - What to do?

Only buy stuff that goes up!! If you can figure that out ahead of time, let me know. Re-balance is the best way if a tax deferred account, or tax loss harvest if a taxable account. I just harvested losses in International in my taxable and am smiling because of the tax break I am getting. So how wo...
by dwickenh
Tue Oct 16, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: International Fund Down - What to do?
Replies: 36
Views: 2289

Re: International Fund Down - What to do?

Only buy stuff that goes up!! If you can figure that out ahead of time, let me know. Re-balance is the best way if a tax deferred account, or tax loss harvest if a taxable account. I just harvested losses in International in my taxable and am smiling because of the tax break I am getting.
by dwickenh
Mon Oct 15, 2018 8:07 am
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 78
Views: 3919

Re: How Much Is Your Sewer Bill?

Water bill and sewer bill(based on 1:1 basis with water) has averaged 51.03 per month so far this year per my spreadsheet.
by dwickenh
Sun Oct 14, 2018 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Rules
Replies: 8
Views: 1005

Re: Roth Rules

Here is a partial answer that I copied from a post a number of years ago: Re: Roth IRA Rules - Table Approach Posted by: KAWill (IP Logged) Date: October 14, 2010 11:57PM Roth IRA Distribution Table UNDER AGE 59.5 FIVE YEAR CONVERSION HOLDING PERIOD NOT MET Contributions: Tax-No; Penalty-No Convers...
by dwickenh
Sun Oct 14, 2018 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Cassaday & Co. (Financial Advisors)?
Replies: 12
Views: 1005

Re: Cassaday & Co. (Financial Advisors)?

Need to start with minimum of 1 million with the first 500,000 at 1.20% and the second 500.000 at .95%. You just gave up 25% of your safe 4% withdrawal in AUM expenses not counting the fund expenses,trading, tax hit. Seems like all of the other Financial Advisers out there to me. That was my take a...
by dwickenh
Sun Oct 14, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: Real Estate risk-adjusted return theory
Replies: 3
Views: 255

Re: Real Estate risk-adjusted return theory

In another thread that was about a different topic, a forum member stated: "Risk-adjusted" returns is an extremely nebulous term. One person's low risk-adjusted returns are another person's high risk-adjusted returns. It's subjective. For instance, if I have a 0% or 1% down payment on a house, any ...
by dwickenh
Sun Oct 14, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Cassaday & Co. (Financial Advisors)?
Replies: 12
Views: 1005

Re: Cassaday & Co. (Financial Advisors)?

Need to start with minimum of 1 million with the first 500,000 at 1.20% and the second 500.000 at .95%. You just gave up 25% of your safe 4% withdrawal in AUM expenses not counting the fund expenses,trading, tax hit.

Seems like all of the other Financial Advisers out there to me.
by dwickenh
Sun Oct 14, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Selecting/quoting homeowners insurance??
Replies: 2
Views: 209

Re: Selecting/quoting homeowners insurance??

"I live in a private community and we do pay a monthly association fee of $114 which I am asusming covers the exterior of the home to a certain degree." This assumption may be dangerous if you don't actually get the specifics of what is included in the HOA. Be proactive and find out exactly what is ...
by dwickenh
Sun Oct 14, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Feedback on Kai-Zen premium finance life insurance plan
Replies: 19
Views: 1364

Re: Feedback on Kai-Zen premium finance life insurance plan

I came across this plan which is a Universal Life Index premium financing plan. Here is the website: http://www.kaizenplan.com/what-is-kai-zen/ In nutshell, you take a 1m-2mm policy. You pay some premium for 5-7 years and Kaizen finance more than half of the premium as well. They invest in S&P and ...
by dwickenh
Sat Oct 13, 2018 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: ACTWX- Keep or Sell?
Replies: 1
Views: 132

Re: ACTWX- Keep or Sell?

Tax loss harvest and change to a lower expense, more diversified fund sounds like a no brainer to me.

Make sure the change fits your allocation or reallocate at the same time.

Best to you,

Dan
by dwickenh
Fri Oct 12, 2018 11:45 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1553602

Re: U.S. stocks in freefall

Just wonder how many people on this board really saw this correction or market freefall coming? I will admit that I was surprised by its intensity and widespread retreat. Not only in equity but in bonds also. All the economic signs were good, earnings, job report, economy humming along, spat with C...
by dwickenh
Fri Oct 12, 2018 11:43 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1553602

Re: U.S. stocks in freefall

kacang wrote:
Fri Oct 12, 2018 10:25 am
ruralavalon wrote:
Fri Oct 12, 2018 10:15 am
The S&P 500 index is up 1.49% so far today :D .
Of course, just as I was going to TLH today :annoyed
Foreign funds down more- harvested total international this week and hit my 3000.00 goal for the year in tax savings!

Dan
by dwickenh
Fri Oct 12, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Does Timing Matter? 3 Fund Portfolio
Replies: 39
Views: 2709

Re: Does Timing Matter? 3 Fund Portfolio

As it seems you are 100% in FZROX (total stock market) and you prefer to be in a three fund with 70% in stocks and 30% in bonds, why would you wait?

The funds you are choosing have all been affected by the 2 day downturn, so no real difference.

Good luck on your 3 fund portfolio!!

Dan
by dwickenh
Wed Oct 10, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Bad time to invest in govt bonds?
Replies: 20
Views: 2566

Re: Bad time to invest in govt bonds?

If you need to access/start spending these funds in less than 5.2 years(duration of the fund) you may get nicked by the rising rates. But if your horizon for this investment is over 5.2 years, the increased interest will make up for any capital loss of principal. I have most of my TIRA in Intermedi...
by dwickenh
Wed Oct 10, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Bad time to invest in govt bonds?
Replies: 20
Views: 2566

Re: Bad time to invest in govt bonds?

So I made an investment (my first real bond investment in an attempt to minimize volatility in my taxable) into VWIUX recently. I opted for that over CDs since I realized I can absorb some level of risk. Now, I've been reading opinions (on other forums), about why people should get out of govt bond...
by dwickenh
Wed Oct 10, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: VMRXX vs. VMFXX MM Funds - Preferences?
Replies: 3
Views: 299

Re: VMRXX vs. VMFXX MM Funds - Preferences?

Just wondering if (and why) anyone has serious preferences for either VMRXX (Prime Money Market) or VMFXX (Federal Money Market); the object being an emergency savings account as opposed to a regular bank savings account. Thanks, bogleheads! I use VMFXX for income withdrawals for 12 months at a tim...
by dwickenh
Wed Oct 10, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: ACA Questions
Replies: 3
Views: 378

Re: ACA Questions

I need a better understanding of how ACA is applied in a situation where one person is Medicare eligible and the other is not. Our situation is as follows: Me: 61 - considering retirement at the end of the year DW:65 - retired - Medicare Our health insurance is currently covered through my employer...
by dwickenh
Wed Oct 10, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: How are stock dividends and bond coupons distributed in funds investment?
Replies: 6
Views: 450

Re: How are stock dividends and bond coupons distributed in funds investment?

The dividend and interest coupon is reinvested in additional shares of the same fund in most cases. On the date that dividends are paid and reinvested, you may not see a different dollar amount, only a different share count. The funds price drops to reflect the dividend paid, and the additional shar...
by dwickenh
Wed Oct 10, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1553602

Re: Stocks tumbling?

Sandtrap wrote:
Wed Oct 10, 2018 9:49 am
Tumbling today.
Falling tomorrow.
Climbing next week.
Flying and soaring next month.
Your crystal ball is definitely clearer than mine :confused
by dwickenh
Mon Oct 08, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds for an aggressive investor
Replies: 25
Views: 2438

Re: Bonds for an aggressive investor

Bonds are for safety. Stocks are for higher returns. People keep saying this, but it sounds just as nonsensical the 50th time it is said as it does the first. Bonds and stocks are just assets, each with a variety of characteristics. Neither is "for" anything. It is a simplistic way to infer the qua...
by dwickenh
Mon Oct 08, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 39
Views: 3105

Re: Debunking Bonds in Taxable

There is a solution to this dilemma: don't use taxable accounts. :beer Always use a taxable account, along with your Roth and TIRA. The three together are magic for controlling income for taxes and Health Insurance Subsidies. Dan I have no need for a taxable account as we have over $75k of tax-adva...
by dwickenh
Mon Oct 08, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 39
Views: 3105

Re: Debunking Bonds in Taxable

There is a solution to this dilemma: don't use taxable accounts. :beer Always use a taxable account, along with your Roth and TIRA. The three together are magic for controlling income for taxes and Health Insurance Subsidies. Dan I have no need for a taxable account as we have over $75k of tax-adva...
by dwickenh
Mon Oct 08, 2018 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Allocation
Replies: 24
Views: 2869

Re: Early Retirement Allocation

livesoft wrote:
Mon Oct 08, 2018 3:18 pm
I'm using between 58-63% equities, about 31% bonds, and the rest in TIAA Real Estate Account.

But why would what I write be any more valid that any other opinion?
It wouldn't be, but it is an opinion!
by dwickenh
Mon Oct 08, 2018 3:55 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 39
Views: 3105

Re: Debunking Bonds in Taxable

willthrill81 wrote:
Mon Oct 08, 2018 3:49 pm
There is a solution to this dilemma: don't use taxable accounts. :beer
Always use a taxable account, along with your Roth and TIRA.

The three together are magic for controlling income for taxes and Health Insurance Subsidies.

Dan
by dwickenh
Sun Oct 07, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 137
Views: 9598

Re: What is your annual cost for health insurance?

31,104 per year for DW and I ages 63.
by dwickenh
Sun Oct 07, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Diversification For Retirees
Replies: 10
Views: 913

Re: Tax Diversification For Retirees

The best result would be 50% in Roth 401K/IRA and 50% in taxable with qualified dividends. This result is very hard to achieve without paying heavily for the benefit. With the Roth, you are paying taxes up front that you could delay with a tax-sheltered TIRA. With the taxable account, you are losing...
by dwickenh
Sun Oct 07, 2018 9:11 am
Forum: Investing - Help with Personal Investments
Topic: I'm unclear on how to use a Vanguard account
Replies: 21
Views: 1768

Re: I'm unclear on how to use a Vanguard account

Just call Vanguard and they will walk you through it. I did the same my first time. They will not question why you moved from Fidelity to Vanguard, and will just give you the assistance you requested.

Best wishes and success to you,

Dan
by dwickenh
Sun Oct 07, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Active vs passive indexing
Replies: 14
Views: 1364

Re: Active vs passive indexing

I own mostly index funds and VPMAX. I've owned it for decades, and have regularly added to my positions, taxable and ROTH. No reason you can't do both. +1 A little bit of both active and passive can help "scratch an itch" and keep most of your funds in low cost funds. Many active funds from Vanguar...
by dwickenh
Sun Oct 07, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: Honda Odyssey - ADAS Calibration after Windshield Replacement
Replies: 1
Views: 206

Re: Honda Odyssey - ADAS Calibration after Windshield Replacement

If calibration is required by the manufacturer, the Insurance company will cover the cost after your deductible. Honda will have to answer the question of whether it is required.

Dan
by dwickenh
Sun Oct 07, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Taxable - Would you switch from Vanguard to Fidelity (iShares ETFs) for $1000 a year?
Replies: 19
Views: 2273

Re: Taxable - Would you switch from Vanguard to Fidelity (iShares ETFs) for $1000 a year?

A good plan you can maintain on a long term basis is better than a "perfect" plan that my be a moving target over the years. With your income, if the 1000.00 per year seems like a boost, just save 101K per year instead of 100K. I will admit I am a long term Vanguard investor, but am considering movi...
by dwickenh
Tue Oct 02, 2018 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: In retirement
Replies: 22
Views: 2351

Re: In retirement

Okay. I have adjusted gross income of 66 grand. As per IRS form 1040 (from 2017) Married (no kids). Wife 69 and I (65) are not yet collecting social security. 11 grand - Taxable Interest (schedule B) 37 grand - Ordinary dividends (of which 12 grand are Qualified dividends) 14 grand - Pension 7 gran...
by dwickenh
Tue Oct 02, 2018 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Long term capital gains tax deferral
Replies: 7
Views: 483

Re: Long term capital gains tax deferral

Also to be considered is the effect of AGI on the amount of SS which becomes taxable, and ACA/Medicare premiums, if applicable. These two are important considerations!! Even if the person is not collecting SS yet? The quote states "if applicable" so it could affect SS if either person of a couple i...
by dwickenh
Tue Oct 02, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Long term capital gains tax deferral
Replies: 7
Views: 483

Re: Long term capital gains tax deferral

samsoes wrote:
Tue Oct 02, 2018 7:27 am
Also to be considered is the effect of AGI on the amount of SS which becomes taxable, and ACA/Medicare premiums, if applicable.
These two are important considerations!!
by dwickenh
Tue Oct 02, 2018 7:44 am
Forum: Investing - Help with Personal Investments
Topic: Which bond fund to choose?
Replies: 5
Views: 571

Re: Which bond fund to choose?

Is there a need to have any bonds in your taxable account? You may be able to keep all of your bond funds in the TIAA account and keep only equities in your taxable account. I have included a link on tax efficient location of investments from the WIKI above. https://www.bogleheads.org/wiki/Tax-effic...
by dwickenh
Mon Oct 01, 2018 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Which bond fund to choose?
Replies: 5
Views: 571

Re: Which bond fund to choose?

I tried to get the duration for both funds, but none listed in Morningstar for the Goldman Sachs fund. Found this on the CREF fund:https://www.tiaa.org/public/pdf/ffs/194408225.pdf The CREF fund has a 5.72 year duration which may be important in a rising interest rate environment. The Cref fund appe...
by dwickenh
Sun Sep 30, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 753
Views: 73914

Re: NEW Fidelity® ZERO Large Cap Index Fund (FNILX)

NEW Fidelity® ZERO Large Cap Index Fund (FNILX) Seeks to provide investment results that correspond to the total return of a broad range of large-capitalization U.S. companies. There is a 0% expense ratio and no minimums to invest in FNILX. Forgive this newbie question, but I don't have the informa...
by dwickenh
Fri Sep 28, 2018 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Public Student Loan Forgiveness Program Rejects 99% of Applicants
Replies: 27
Views: 2403

Re: Public Student Loan Forgiveness Program Rejects 99% of Applicants

There have been many stories recently in the media regarding the Public Student Loan Forgiveness Program. The program was created 10 years ago, so the first round of applicants have been applying for loan forgiveness starting this year. As this story from the New York Times shows, 99 percent of app...
by dwickenh
Fri Sep 28, 2018 7:46 am
Forum: Investing - Help with Personal Investments
Topic: 99% invested in stocks, bond recommendations please?
Replies: 19
Views: 2519

Re: 99% invested in stocks, bond recommendations please?

Vanguard's Total Bond Market Index Fund (VBTLX) I would lean towards 70/30 at your age, but then I am more of a moderate investor vs aggressive. Be careful trying to catch up by being aggressive. You would be better off to increase the amount you save instead of getting too aggressive. Best to you, ...