Search found 732 matches

by elgob.bogle
Fri Apr 10, 2020 4:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 12057
Views: 934214

Re: U.S. stocks continue to soar!

madbrain wrote: ↑Wed Apr 08, 2020 8:07 pm As a public service announcement, I initiated a transfer of my Roth 401k assets at Vanguard yesterday. These were 100% in S&P500. Funds should have been sold today at close. The transfer check will come in 7 to 10 business days, at which point I will dep...
by elgob.bogle
Thu Mar 12, 2020 1:35 pm
Forum: Investing - Theory, News & General
Topic: Reality Check - Don't assume prices will go up
Replies: 44
Views: 4157

Re: Reality Check - Don't assume prices will go up

What about the price-earnings ratio. Right now, the price has gone down, apparently because of a supply crunch. That means the numerator has gone down while the denominator has basically remained the same, and the PE ratio is looking better (buy - buy -buy). What if the virus has long term effects o...
by elgob.bogle
Wed Nov 06, 2019 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Any way to "forfeit" income to avoid IRMAA cliff
Replies: 54
Views: 6672

Re: Any way to "forfeit" income to avoid IRMAA cliff

OK - say you take you MAGI over the IRMAA cliff, for one or even several years, until your conversions to ROTH IRAs are completed. Then you drop back into the "no-penalty zone". How do you stop the IRMAA Penalties (for both Medicare Part B & D). On the Medicare website, the only way th...
by elgob.bogle
Wed Jul 17, 2019 10:29 am
Forum: Investing - Theory, News & General
Topic: Mathematical model of Roth conversion [error] (does not suggest more is better)
Replies: 50
Views: 5570

Re: Mathematical model of Roth conversion [error] (does not suggest more is better)

Petulant Asked: "Is the spouse bloated or the accounts?" Well - we just returned from a Baltic Sea cruise, so my answer to that is yes, but not nearly as much as me. I averaged gaining 1 lb every day over the 2-week trip. :D Her accounts also are bloated. We want to avoid both RMD's and pa...
by elgob.bogle
Tue Jul 16, 2019 10:46 pm
Forum: Investing - Theory, News & General
Topic: Mathematical model of Roth conversion [error] (does not suggest more is better)
Replies: 50
Views: 5570

Re: Mathematical model of Roth conversion suggests more is better.

We are contemplating converting large sums annually from bloated spouse's 401k & 403b accounts, perhaps into the current 24% tax bracket, beginning in 2020. The goal is to be done with all conversion before 2026. I've been searching, but could not find, any solid references to current AMT provis...
by elgob.bogle
Tue Apr 02, 2019 7:27 pm
Forum: Investing - Theory, News & General
Topic: Rollover from pension plan to Traditional IRA
Replies: 6
Views: 624

Re: Rollover from pension plan to Traditional IRA

I did this a number of years back, rolling my lump sum retirement settlement to a "Rollover" IRA that I created at Vanguard. The State of Florida had placed my settlement with an investment firm where it went into a 401a account. I had to wait 90 days after retirement to access the $$. The...
by elgob.bogle
Sat Mar 30, 2019 2:26 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 303
Views: 38502

Re: "The best and worst U.S. states for retirement"

I wonder how much, if any, of South Dakota's ranking is due to RV enthusiasts that travel around the US camping, but use South Dakota as a base state for tax purposes. If one looks online, you can see a number of sites that offer to process South Dakota residency packages at low fees for RV & ot...
by elgob.bogle
Sat Mar 30, 2019 9:53 am
Forum: Investing - Theory, News & General
Topic: Conversion Strategy and a market drop
Replies: 24
Views: 1965

Re: Conversion Strategy and a market drop

Not holding off for possible equities downturn because all deferred investments currently are Total Bond Market Mutual Funds while all equity investments are in ROTH accounts. We plan to convert all of these bond investments before 2024 while the current temporary tax reduction is in effect. We are ...
by elgob.bogle
Fri Mar 22, 2019 6:25 am
Forum: Investing - Theory, News & General
Topic: Finance Books sequence
Replies: 14
Views: 1118

Re: Finance Books sequence

You didn't list "Boglehead's Guide to Retirement Planing" which is a logical follow-up to "The Boglehead's Guide to Investing". Swedroe & Grogan's "Your Complete Guide to a Successful & Secure Retirement" is well worth reading. These three will give you the back...
by elgob.bogle
Fri Jan 25, 2019 10:29 pm
Forum: Investing - Theory, News & General
Topic: Considering future tax when analyzing portfolio?
Replies: 8
Views: 798

Re: Considering future tax when analyzing portfolio?

Yes to your question. We've been doing this for a long time. We treat ROTH IRA's as Tax Free, while for traditional IRA's & Taxable accounts we use our average effective tax rate (Total Tax paid/Total Income) from our "married filing jointly" 1040 IRS tax forms. They are usually about ...
by elgob.bogle
Thu Jan 10, 2019 9:12 am
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 137
Views: 9039

Re: BHers, what is your Roth IRA %?

50% right now, but will begin converting wife's tIRA funds in 2020 when she retires/turns 65. Hope to get all conversions done before the Trump Tax Cuts expire/she turns 70. We will have saved lots of tax $$ if can get accomplished. End goal is 95% ROTH IRA & 5% cash.

elgob
by elgob.bogle
Wed Sep 26, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 292
Views: 34062

Re: What is your overall portfolio weighted expense ratio

Current ER is .052 DW has 401k which represents about 1/4 of our combined portfolio which now is all Fixed Income: 46% TBM, 27% Short TIPS, 27% Short Treasuries. Loosing some to inflation now, & waiting for DW to retire in 18 months before any planned tweaking. Likely will replace TBM with Inter...
by elgob.bogle
Sat Sep 22, 2018 11:53 pm
Forum: Investing - Theory, News & General
Topic: Allocating 1/3 of Investable Assets to Roth Accounts
Replies: 35
Views: 2284

Re: Allocating 1/3 of Investable Assets to Roth Accounts

MrBeaver et al: FWIW, the new 2018 tax brackets are scheduled to phase out in 2025 and apparently revert back to 2017 levels. Couldn't quickly locate a great reference, but the reversion is mentioned here: https://obliviousinvestor.com/2018-tax-brackets/ Accordingly, DW will be loading up her ROTH a...
by elgob.bogle
Sun Sep 16, 2018 9:53 pm
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 69
Views: 11585

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

Excellent! Suggest including a date in the title so that it stays with the mp3 instead of with the introductory text. Could even expand it a little to include the podcast length. For example, this is how I have modified the title for my personal archive: 180914_Bogleheads_Investing.Podcast.001_Rick ...
by elgob.bogle
Tue Feb 13, 2018 7:11 pm
Forum: Personal Investments
Topic: Transfer in-kind between Roth Accounts @ vanguard?
Replies: 10
Views: 1483

Re: Transfer in-kind between Roth Accounts @ vanguard?

I have 2 ROTH IRA's in my name at Vanguard. The upside for me, in the past, was that I could re-purchase in one ROTH Account a mutual fund that I had recently sold that was in the other ROTH Account, without running into a roadblock due to frequent trading. I have not done this in a while, but if I ...
by elgob.bogle
Tue Feb 13, 2018 7:37 am
Forum: Personal Investments
Topic: Vanguard TIPS
Replies: 10
Views: 3438

Re: Vanguard TIPS

We used to have a 10-year rolling TIPS ladder, but DW didn't want to deal with the auctions and the process of rolling over unused TIPS. Our fixed income now is about 1/2 total bond market and 1/2 short term TIPS. This shortens the overall duration of our fixed income, and increases the ratio of US ...
by elgob.bogle
Mon Jan 29, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: continuing to contribute to ira/roth in retirement?
Replies: 6
Views: 1402

Re: continuing to contribute to ira/roth in retirement?

Yes. As an example, we found ourselves with too little cash on hand for an emergency fund, and to use to eventually convert Traditional IRA funds to Roth IRA funds. Now, we could, during the future conversion processes, allow a 20% deduction for taxes (our effective overall tax rate has been 20% for...
by elgob.bogle
Thu Jan 25, 2018 4:28 pm
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 29827

Re: 401k millionaires

FWIW - here is an article https://www.rollingstone.com/politics/news/mitt-romney-s-tax-dodge-20121012 that digs into M.Romney's IRA (near the bottom). Discussing it might be off topic, other than to point out that there are/were ways to take advantage of the wording of the applicable law(s)/rule(s)....
by elgob.bogle
Tue Jan 02, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: Target Date Funds & sustainable retirement income and spending
Replies: 11
Views: 1470

Re: Target Date Funds & sustainable retirement income and spending

I'm curious. What year of your scenario were you in last year (2017, or your latest personal fiscal year) and approximately how much return did you get per $10k invested in TIPS?

elgob
by elgob.bogle
Mon Jan 01, 2018 5:23 pm
Forum: Investing - Theory, News & General
Topic: Bonds: TBM, Treasuries, TIPS, and cash.
Replies: 10
Views: 1286

Re: Bonds: TBM, Treasuries, TIPS, and cash.

Have you read Swedroe & Hempen's "The Only Guide to a Winning Bond Strategy That You'll Ever Need"? It is a very informative book!

elgob
by elgob.bogle
Mon Jan 01, 2018 5:06 pm
Forum: Investing - Theory, News & General
Topic: Rationale for a 30% ex-US equity allocation
Replies: 30
Views: 4651

Re: Rationale for a 30% ex-US equity allocation

Good Analysis! Make sure you put this in your IPS.

elgob
by elgob.bogle
Wed Dec 27, 2017 7:32 pm
Forum: Investing - Theory, News & General
Topic: Is anyone putting money aside into Gold?
Replies: 148
Views: 19823

Re: Is anyone putting money aside into Gold?

I buy gold occasionally in the form of Strike King's Redfish Magic baits which have a single, large. gold-plated Colorado style blade. I seem to loose them occasionally to the gods of the seas, who may now be holding them in their storehouses.

elgob
by elgob.bogle
Tue Aug 15, 2017 6:52 pm
Forum: Investing - Theory, News & General
Topic: 401(k)/403(b) Conversion to Roth IRA
Replies: 29
Views: 4286

Re: 401(k)/403(b) Conversion to Roth IRA

When you convert the TIRA to the ROTH IRA at vanguard, you will be given a choice on whether or not Vanguard should take out taxes. I believe that the default is 20%. If you can use outside funds, you likely may be better off. David Jay had some spreadsheet advice for me regarding how to determine h...
by elgob.bogle
Thu Aug 10, 2017 12:16 pm
Forum: Personal Investments
Topic: 3 years to go - ROTH now or ROTH Conversions later
Replies: 11
Views: 2056

Re: 3 years to go - ROTH now or ROTH Conversions later

Well, we discussed COBRA yesterday, and she is not interested. She has a good job & career, and is enjoying herself. She simply does not want to retire now, even if we can afford for her to do so.

elgob
by elgob.bogle
Wed Aug 09, 2017 9:48 am
Forum: Personal Investments
Topic: 3 years to go - ROTH now or ROTH Conversions later
Replies: 11
Views: 2056

Re: 3 years to go - ROTH now or ROTH Conversions later

If one doesn't have the money for conversion taxes now, but will accumulate it over the next 3 years and then withdraw it to pay taxes, putting in a Roth now will at least allow any gains to be tax free.] We agree. I guess the question boils down to how to make the decision to either save the $$ fo...
by elgob.bogle
Wed Aug 09, 2017 9:04 am
Forum: Personal Investments
Topic: 3 years to go - ROTH now or ROTH Conversions later
Replies: 11
Views: 2056

Re: 3 years to go - ROTH now or ROTH Conversions later

Watty said Without knowing more about your assets Out total portfolio (including her estimated pension) is currently $2.1 M. We hope to grow this so that she can retire with a $2 M portfolio, after deducting estimated 20% for taxes. We are not wealthy, in our view, but we are doing OK. We are at 20%...
by elgob.bogle
Wed Aug 09, 2017 8:46 am
Forum: Personal Investments
Topic: 3 years to go - ROTH now or ROTH Conversions later
Replies: 11
Views: 2056

Re: 3 years to go - ROTH now or ROTH Conversions later

" so that she can convert some (or more) of her TIRA money into ROTH money. Could you explain the highlighted part? In other words, how does a taxable balance allow conversions that the same Roth balance would not?" I do not have any tax deferred accounts. She has a 401k, 401k ROTH, 403b, ...
by elgob.bogle
Tue Aug 08, 2017 10:55 am
Forum: Personal Investments
Topic: Need help understanding TIPS funds
Replies: 15
Views: 2197

Re: Need help understanding TIPS funds

Vanguard used to include their intermediate term TIPS Fund in their fund of funds products. Recently, they only include their Short Term TIPS Fund in those products. I used to have a TIPS ladder, but my spouse did not want to deal with a ladder if/when I pass away, so I switched the Short Term Tips ...
by elgob.bogle
Tue Aug 08, 2017 8:17 am
Forum: Personal Investments
Topic: 3 years to go - ROTH now or ROTH Conversions later
Replies: 11
Views: 2056

Re: 3 years to go - ROTH now or ROTH Conversions later

Thank you! I used the RMD calculator (linked in the Wiki) and came up with quick estimate of RMDs for her TIRA from ages 70 - 100. I couldn't figure out how to change the ending age from 100 to 95. I am guessing these figures were not cola'd, as I didn't have a place to enter estimated inflation dat...
by elgob.bogle
Mon Aug 07, 2017 8:10 pm
Forum: Personal Investments
Topic: Looking for general help with strategy - not sure what to do about retirement options, and with prior savings
Replies: 6
Views: 979

Re: Looking for general help with strategy - not sure what to do about retirement options, and with prior savings

Welcome to the forum. This won't answer all of you questions, but consider rolling your old 401 k into a Vanguard Traditional IRA to give you more flexibility. Secondly, consider that all contributions to a ROTH may be withdrawn, you just can't withdraw the growth money. So, you could do your annual...
by elgob.bogle
Mon Aug 07, 2017 7:57 pm
Forum: Personal Investments
Topic: Close empty brokerage accounts at Scottrade?
Replies: 1
Views: 464

Re: Close empty brokerage accounts at Scottrade?

If Scottrade is like Vanguard, they won't close them at all. We have had two empty Vanguard Brokerage accounts for several years, and have asked Vanguard to close one of them to no avail. No harm - No Foul we suppose!

elgob
by elgob.bogle
Mon Aug 07, 2017 7:48 pm
Forum: Personal Investments
Topic: 3 years to go - ROTH now or ROTH Conversions later
Replies: 11
Views: 2056

3 years to go - ROTH now or ROTH Conversions later

Here is a question that we have been asking ourselves, and could use some advice. I have converted all of my TIRA type accounts to ROTH IRA's since my retirement in 2011. My spouse has about 3 years to go until her retirement, and is paying taxes on her annual $23,000 401k contributions and placing ...
by elgob.bogle
Mon Aug 07, 2017 7:09 pm
Forum: Personal Investments
Topic: Roth conversions
Replies: 7
Views: 1218

Re: Roth conversions

Another advantage of multiple ROTH IRA accounts is the ability to "change your mind" on an investment exchange you just made and reverse it in a different ROTH account to avoid "round trip" issues with Vanguard. At least, that was the way it used to work before the new ETF System...
by elgob.bogle
Mon Aug 07, 2017 7:02 pm
Forum: Personal Investments
Topic: Help with New Portfolio
Replies: 7
Views: 917

Re: Help with New Portfolio

Have you considered starting your Vanguard account with Vanguard's equivalent fund to the most expensive (ER) fund that you currently have with your broker, and then convert same $$ amount that you put into your Vanguard account into the least expensive (ER) available fund in your brokerage account....
by elgob.bogle
Sun Aug 06, 2017 9:29 pm
Forum: Investing - Theory, News & General
Topic: Study: Who Sold Stock During the 2008-9 Crash?
Replies: 85
Views: 10196

Re: Study: Who Sold Stock During the 2008-9 Crash?

I skimmed the thread, and didn't notice anyone mention the possibility of greater than usual conversions to ROTH IRA's. I forget, were the new, less restrictive conversion rules in place at this time? I know that I was doing those conversions beginning six years ago, and now I have no TIRA's :D Howe...
by elgob.bogle
Wed Jul 19, 2017 6:27 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3402
Views: 571328

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

22.5% Socks & 77.5% Bonds 5.03% Today (7/19/2017)

elgob
by elgob.bogle
Sun Jul 02, 2017 8:55 am
Forum: Investing - Theory, News & General
Topic: Consistent Yield & Duration to Help Choose TIPS Fund
Replies: 116
Views: 37348

Re: Consistent Yield & Duration to Help Choose TIPS Fund

# Cruncher noted: "I'd estimate the future return of VTAPX would be -0.06% in real terms (+0.01% - 0.07%)"

Too bad, we have a bunch of this fund, hoping to protect the value before future withdrawals. Oh Well!

elgob
by elgob.bogle
Wed Jun 14, 2017 10:03 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Stocks, Bonds, & Risk
Replies: 61
Views: 8985

Re: Larry Swedroe: Stocks, Bonds, & Risk

Thanks! Excellent article!

elgob
by elgob.bogle
Sat May 20, 2017 3:37 am
Forum: Investing - Theory, News & General
Topic: "Stocks, Bonds and Future Returns" by Prof. Jeremy Siegel
Replies: 65
Views: 8637

Re: "Stocks, Bonds and Future Returns" by Prof. Jeremy Siegel

Thanks! Great visuals to go with my morning coffee.

elgob
by elgob.bogle
Thu May 18, 2017 1:30 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 211
Views: 33861

Re: For those with $500k-$1m in investments...

4% Taxable, 34% in 401k/403b, 62% in ROTH I'm 69 & DW is 62

elgob
by elgob.bogle
Sat May 06, 2017 4:11 am
Forum: Investing - Theory, News & General
Topic: Financial Literacy
Replies: 27
Views: 3229

Re: Financial Literacy

I have to admit that I scored only 87%, and the questions that I missed were all annuity questions. My results make me think that the test is designed to make participants think more about annuities. Nice ploy to spark interest!

elgob
by elgob.bogle
Thu Apr 20, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 445
Views: 70351

Re: Larry Swedroe says "Goodby."

This is sad day for all of us! Larry, if you are reading this thread, just want you to know that I have more of your books in my library than those of any other financial author.

ellgob
by elgob.bogle
Sat Apr 15, 2017 5:54 pm
Forum: Investing - Theory, News & General
Topic: Is it necessary to diversify across Factors?
Replies: 126
Views: 10319

Re: Is it necessary to diversify across Factors?

Not easy question to answer. I have pondered whether or not to have a strong factor tilt and reduce my left tail exposure now that I am retired. Still more heavily influenced by the 3-fund portfolio gang than I am by the tilting crowd. The min problem that I see in the tilting is that it may take ma...
by elgob.bogle
Thu Apr 06, 2017 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Secretly entered two comma club
Replies: 44
Views: 8942

Re: Secretly entered two comma club

"Stealth millionaire is better"
+1

elgob
by elgob.bogle
Tue Apr 04, 2017 4:41 pm
Forum: Investing - Theory, News & General
Topic: Help me decide!
Replies: 5
Views: 1040

Re: Help me decide!

Have you used portfolio visualizer (https://www.portfoliovisualizer.com/) to analyze all of your various scenarios? It can be a good place to get additional insight.

elgob
by elgob.bogle
Mon Apr 03, 2017 1:28 pm
Forum: Investing - Theory, News & General
Topic: 100% stocks in ROTH?
Replies: 27
Views: 2945

Re: 100% stocks in ROTH?

We currently have only safe bonds (ST Treasury & ST TIPS Funds) in our ROTH accounts, and equity funds in tax-deferred. Until late last year, placement was just the opposite. We enjoyed a good expansion of our ROTH money, with relatively very little decrease in bond values. The switch basically ...