Search found 105 matches

by HotRod
Thu Nov 01, 2018 7:11 am
Forum: Personal Consumer Issues
Topic: Looking for a BH type site to help with retirement healthcare
Replies: 6
Views: 813

Looking for a BH type site to help with retirement healthcare

Hi All, This site has been an invaluable help to me as far as my financial goals and objectives are concerned, and thanks to all of you I think I have all of that under control. Now I need to navigate the complicated world of health insurance for me (age 59), and Medicare for my wife (Age 65). Can a...
by HotRod
Thu Mar 08, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Having 2nd thoughts about Roth conversion, please check my logic
Replies: 10
Views: 835

Re: Having 2nd thoughts about Roth conversion, please check my logic

Some of my savings include: Taxable in IVV (S&P 500) = $953,000 Traditional IRA in BND (Total Bond) = $387,000 Roth IRA in BND = $145,000 Ally Savings Account = $100,000 Look at your Roth? You converted high total returns (IVV) in IRA into low returns (BND) in Roth for which you paid higher margin ...
by HotRod
Thu Mar 08, 2018 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Having 2nd thoughts about Roth conversion, please check my logic
Replies: 10
Views: 835

Re: Having 2nd thoughts about Roth conversion, please check my logic

Seems like you are forgetting that the $10k in your Traditional IRA will grow by the same amount – so when you pay 25% taxes at age 70, it will be on ~$13.5k, and you'll pay over $3000 in taxes. Convert: $10k at 15% becomes 8,500. After 12 years at 2.5%, that becomes $11,432, tax free. Don't conver...
by HotRod
Thu Mar 08, 2018 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Having 2nd thoughts about Roth conversion, please check my logic
Replies: 10
Views: 835

Having 2nd thoughts about Roth conversion, please check my logic

Hi fellow BH's, I am 58 years old and 2018 will be my first complete calendar year of retirement. My financial overview is: Total savings = $2.2 Million Annual Expenses = $50K Some of my savings include: Taxable in IVV (S&P 500) = $953,000 Traditional IRA in BND (Total Bond) = $387,000 Roth IRA in B...
by HotRod
Mon Jan 01, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Anyone know why TD Ameritrade didn't pay the 12/29 BND Dividend ?
Replies: 7
Views: 896

Re: Anyone know why TD Ameritrade didn't pay the 12/29 BND Dividend ?

So you are used to seeing your BND dividend one day after the payable date shown on Vanguard.com when your new shares of BND are bought. Oh for crying out loud... I think it should be obvious that the main curiosity of my post was about the regulatory and tax implications of reporting income in the...
by HotRod
Mon Jan 01, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Anyone know why TD Ameritrade didn't pay the 12/29 BND Dividend ?
Replies: 7
Views: 896

Re: Anyone know why TD Ameritrade didn't pay the 12/29 BND Dividend ?

I got my bond ETF dividends that were paid in cash. But if you have the dividend automatically reinvested via DRIP, then that won't happen until at least one day after the payable date, which would be January 2, 2018. I have at least one Vanguard bond ETF at TDAmeritrade that is set this way and ex...
by HotRod
Mon Jan 01, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Anyone know why TD Ameritrade didn't pay the 12/29 BND Dividend ?
Replies: 7
Views: 896

Anyone know why TD Ameritrade didn't pay the 12/29 BND Dividend ?

Hello fellow BH's, I hold quite a bit of Vanguard Total Bond (BND) with TDA. Vanguards web site clearly shows dividends to be paid on 12/29/2017: https://www.dropbox.com/s/1mrabetjeqhecth/BND122017.JPG?raw=1 However TDA has not paid the dividend, and they have issued end of the year statements for m...
by HotRod
Sun Dec 24, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for advice on retirement withdrawals
Replies: 5
Views: 806

Re: Looking for advice on retirement withdrawals

Yes, my numbers are wrong, thanks for the correction. The concept remains the same.

Happy Holidays !!
by HotRod
Sun Dec 24, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for advice on retirement withdrawals
Replies: 5
Views: 806

Re: Looking for advice on retirement withdrawals

Your filing status would be Married Filing Separately , not Single. Is there a particular reason you want to do this? The reason I ask is that MFS can result in paying more tax than MFJ. Agreed, filing separately. Doing this because DW and I keep our finances separate, it's a long story, don't ask....
by HotRod
Sun Dec 24, 2017 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for advice on retirement withdrawals
Replies: 5
Views: 806

Looking for advice on retirement withdrawals

Hi fellow Bogleheads, I retired in October of 2017 and I had enough cash on hand to take me through the end of 2017 without touching my retirement savings. 2018 will be my first complete year as a retiree and I would be grateful for your thoughts on my withdraw plan. Here are my details: Age 58 Tax ...
by HotRod
Tue Oct 17, 2017 9:44 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 566
Views: 70494

Re: TD Ameritrade dropping Vanguard from commission-free ETFs

This is like a bad dream, I retired from my job LAST WEEK so I will now just start to make withdrawals from my savings. Naturally, the 2 primary funds that I'm invested in (IVV - S&P 500 and BND - Vanguard total bond) have been removed from the commission free ETF list. I planned and planned and pla...
by HotRod
Tue Sep 19, 2017 8:30 am
Forum: Investing - Help with Personal Investments
Topic: Please review my early retirement plan
Replies: 13
Views: 2237

Re: Please review my early retirement plan

Thanks for the input so far.

Any thoughts on item #2 - Should I withdrawal a years expenses in January, or make small withdrawals each month ?
by HotRod
Mon Sep 18, 2017 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Please review my early retirement plan
Replies: 13
Views: 2237

Re: Please review my early retirement plan

I agree with delamer that can retire now. To the extent that you can do so, I would try to move some equities from taxable into the Roth account while maintaining your desired AA. It is not worth pay a lot in taxes to do so however. Hmm, that is an interesting thought. Am I correct in assuming that...
by HotRod
Mon Sep 18, 2017 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Please review my early retirement plan
Replies: 13
Views: 2237

Re: Please review my early retirement plan

delamer wrote:
Mon Sep 18, 2017 6:00 pm
...What do you plan to do with your estate in the likely event that you outlive your assets?
Are you offering to take it off my hands ??

:D :D

First it goes to my wife. If she dies before me, then it goes to several carefully selected charities.
by HotRod
Mon Sep 18, 2017 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Please review my early retirement plan
Replies: 13
Views: 2237

Re: Please review my early retirement plan

For nine years, until you are 67, you'll have to spend $450,000 (plus taxes) of your assets to meet your expenses. Even if you only had a return on the remainder equal to inflation, you'd still have enough left to withdraw almost $70,000 per year (in today's dollars) at 4% once you get to 67. And t...
by HotRod
Mon Sep 18, 2017 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Please review my early retirement plan
Replies: 13
Views: 2237

Please review my early retirement plan

Hi BogleHeads, Due in large part to the collective wisdom of this board I think I am in a good position to retire early, probably at the end of this year. Here are the important facts and my plan. As always, I would be grateful for your advice. I will be 58 years old next month, and I will be filing...
by HotRod
Tue Jun 20, 2017 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Has Vanguard gotten too big?
Replies: 30
Views: 5713

Re: Has Vanguard gotten too big?

About 4 years ago I found this site and made the decision to leave my financial adviser and become a BH. I called Vanguard and talked to someone about moving my assets from my FA to VG and he asked me to send my account info via email, which I did. After not hearing anything I wrote back and he repl...
by HotRod
Mon Jun 12, 2017 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Retire Early?? Part 2: Withdrawal Strategy and Plan
Replies: 12
Views: 2473

Re: Retire Early?? Part 2: Withdrawal Strategy and Plan

The general approach to retirement withdrawal in the early retirement phase is to sell stock from taxable account in early January to fund one year's living expense. Late in the year you convert enough regular IRA to Roth IRA that would take you near the top of the 15% tax bracket. This will minimi...
by HotRod
Mon Jun 12, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Retire Early?? Part 2: Withdrawal Strategy and Plan
Replies: 12
Views: 2473

Re: Retire Early?? Part 2: Withdrawal Strategy and Plan

The general approach to retirement withdrawal in the early retirement phase is to sell stock from taxable account in early January to fund one year's living expense. Late in the year you convert enough regular IRA to Roth IRA that would take you near the top of the 15% tax bracket. This will minimi...
by HotRod
Mon Jun 12, 2017 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Retire Early?? Part 2: Withdrawal Strategy and Plan
Replies: 12
Views: 2473

Re: Retire Early?? Part 2: Withdrawal Strategy and Plan

The general approach to retirement withdrawal in the early retirement phase is to sell stock from taxable account in early January to fund one year's living expense. Late in the year you convert enough regular IRA to Roth IRA that would take you near the top of the 15% tax bracket. This will minimi...
by HotRod
Sat May 20, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Please give de-accumulation advice
Replies: 8
Views: 961

Re: Please give de-accumulation advice

aristotelian wrote:Are you single?
I'm married, but we keep separate finances (don't ask, it's a long story...)
by HotRod
Sat May 20, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Please give de-accumulation advice
Replies: 8
Views: 961

Re: Please give de-accumulation advice

If you take the cash value of your life insurance in a year with no other income except the $17,000 of your S&P500 fund qualified dividends, how much tax would you pay. What is that life insurance for anyways? The life insurance was a very poor investment I made during the 1990's when I was poorly ...
by HotRod
Sat May 20, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Please give de-accumulation advice
Replies: 8
Views: 961

Please give de-accumulation advice

Hi fellow BH’s, I moved from working full time to part time 2 years ago. Now due to some corporate restructuring I believe that my part time position is going to be eliminated, so I would appreciate some advice on how to move into full retirement and start spending down my savings. During the past 2...
by HotRod
Fri May 05, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Medallion Signature for Vanguard Trust
Replies: 29
Views: 5410

Re: Medallion Signature for Vanguard Trust

When my parents died I needed a Medallion signature to compete some of the paper work. I went to the closest branch of my bank, and after 3 visits it was obvious that they were going to smile and be friendly, but there was no way they were going to grant the Medallion signature. There was always som...
by HotRod
Mon Jan 23, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: 2017 Portfolio review - Advice welcome
Replies: 22
Views: 2122

Re: 2017 Portfolio review - Advice welcome

Go ahead pay that car off i know .9 not much but you are not making much off your cash with Ally :P Ally pays 1%, so paying off a 0.9% loan from a 1% investment is literally losing money. That was my thought, but I wasn't going to make waves :mrgreen: :mrgreen: Isn't your tax rate 30% (25% fed, 5% ...
by HotRod
Mon Jan 23, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: 2017 Portfolio review - Advice welcome
Replies: 22
Views: 2122

Re: 2017 Portfolio review - Advice welcome

I'm curious as to why you own the one stock, in an otherwise index based portfolio? Doesn't look like a hi % but just wondering Good Question, I wondered if anyone would notice that. That is my one play in the world of market timing. I had some "mad money" that I was willing to play with. A year or...
by HotRod
Mon Jan 23, 2017 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: 2017 Portfolio review - Advice welcome
Replies: 22
Views: 2122

Re: 2017 Portfolio review - Advice welcome

sharpjm wrote:
Willard wrote:Go ahead pay that car off i know .9 not much but you are not making much off your cash with Ally :P
Ally pays 1%, so paying off a 0.9% loan from a 1% investment is literally losing money.
That was my thought, but I wasn't going to make waves :mrgreen: :mrgreen:
by HotRod
Mon Jan 23, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: 2017 Portfolio review - Advice welcome
Replies: 22
Views: 2122

Re: 2017 Portfolio review - Advice welcome

Point well taken concerning BND in taxable. I am aware of the tax implications, but I reinvested IVV dividends into BND in an effort in increase my AA towards bonds, but I agree with your suggestion, I'll look into the details and take action. That sound right. In the meantime, ask yourself if you ...
by HotRod
Mon Jan 23, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: 2017 Portfolio review - Advice welcome
Replies: 22
Views: 2122

Re: 2017 Portfolio review - Advice welcome

5) My employment status is quite volatile and my job could end at any point. I am of the opinion that I could retire at any time, therefore I'm not concerned about what happens with my job. Let me know if you disagree. I would tend to agree but for my piece of mind :), could you run your numbers th...
by HotRod
Mon Jan 23, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: 2017 Portfolio review - Advice welcome
Replies: 22
Views: 2122

Re: 2017 Portfolio review - Advice welcome

Even though it is a small amount, i don't get why you have BND in taxable. Dividends are taxed as ordinary income, but it can grow tax deferred in your Traditional IRA. Sell $15k of your PNG stock and replace it with BND to get the same allocation but more tax efficient. I don't see any internation...
by HotRod
Sun Jan 22, 2017 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: 2017 Portfolio review - Advice welcome
Replies: 22
Views: 2122

Re: 2017 Portfolio review - Advice welcome

I'm curious as to why you own the one stock, in an otherwise index based portfolio? Doesn't look like a hi % but just wondering Good Question, I wondered if anyone would notice that. That is my one play in the world of market timing. I had some "mad money" that I was willing to play with. A year or...
by HotRod
Sun Jan 22, 2017 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: 2017 Portfolio review - Advice welcome
Replies: 22
Views: 2122

2017 Portfolio review - Advice welcome

Hi Bogelheads, Now that we are into 2017 I am reviewing my portfolio, and I would be grateful for any advice from this board. I will start by thanking you all for the help you have given me in the past, and the help that you continue to give. Here are my vitals: Emergency funds: $93K in Ally Debt: $...
by HotRod
Tue Nov 22, 2016 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: In a taxable account do you reinvest dividends and capital gains?
Replies: 24
Views: 3193

Re: In a taxable account do you reinvest dividends and capital gains?

I don't need the income right now, so I put the first $6,500 of taxable dividends I receive in my IRA. I put the next $4,300 (I think) of taxable dividends in my HSA. That effectively shields $10,800 of income from tax. I do reinvest the rest of my taxable dividends (not much left though) and I do ...
by HotRod
Tue Nov 22, 2016 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: In a taxable account do you reinvest dividends and capital gains?
Replies: 24
Views: 3193

Re: In a taxable account do you reinvest dividends and capital gains?

I don't need the income right now, so I put the first $6,500 of taxable dividends I receive in my IRA. I put the next $4,300 (I think) of taxable dividends in my HSA. That effectively shields $10,800 of income from tax. I do reinvest the rest of my taxable dividends (not much left though) and I do h...
by HotRod
Wed Nov 16, 2016 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Take SS at 62 or wait ?
Replies: 74
Views: 10717

Re: Take SS at 62 or wait ?

If you elect to take your benefits early your payment is reduced by the extra time such that by your projected date of death you receive the exact same amount. Therefore, the only advantage of waiting is the gamble that you will outlive the actuarial tables. The actuarial tables predict my death at...
by HotRod
Wed Nov 16, 2016 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Take SS at 62 or wait ?
Replies: 74
Views: 10717

Re: Take SS at 62 or wait ?

The most common response I read is to delay taking SS as long as possible. I'm most likely the least educated on this board, but I question the wisdom of delaying. When the SSA calculates your benefits, they determine how much you are eligible to receive, and at what age you are predicted to die. Th...
by HotRod
Sun Oct 16, 2016 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: TD Ameritrade Commission Free ETFs(2 Fund Portfolio)
Replies: 5
Views: 991

Re: TD Ameritrade Commission Free ETFs(2 Fund Portfolio)

I hold IVV (Ishares S&P 500) and BND (Vanguard total bond) in TD Ameritrade. Both are no commission, and free trades so long as you don't trade twice within 30 days.

Those 2 funds are 98 percent of my portfolio allocated close to 50/50.

I sleep well at night... 8-) 8-)
by HotRod
Wed Aug 24, 2016 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with dividends and capital gains in taxable account?
Replies: 17
Views: 3116

Re: What to do with dividends and capital gains in taxable account?

It's not clear to me if you are already contributing to your IRA and HSA. In my case I contribute the first $6500 of my taxable dividends to my IRA (I'm old enough to qualify for the extra $1K) and then I contribute the next $4350 of my taxable dividends to my HSA. That results in $10,850 of tax fr...
by HotRod
Mon Aug 22, 2016 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Timing for RMD withdrawals?
Replies: 33
Views: 3969

Re: Timing for RMD withdrawals?

"There are no capital gains in a tax-deferred account."

Duh... :oops:
by HotRod
Mon Aug 22, 2016 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Timing for RMD withdrawals?
Replies: 33
Views: 3969

Re: Timing for RMD withdrawals?

In addition, the total value of all the shares remain the same, ie if you don't sell any and you pay the taxes using money from your taxable accounts. Maybe I am not following you, but once you take the RMD the money becomes cash which is fungible with any other cash you have so there is no choice ...
by HotRod
Fri Aug 19, 2016 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with dividends and capital gains in taxable account?
Replies: 17
Views: 3116

Re: What to do with dividends and capital gains in taxable account?

It's not clear to me if you are already contributing to your IRA and HSA. In my case I contribute the first $6500 of my taxable dividends to my IRA (I'm old enough to qualify for the extra $1K) and then I contribute the next $4350 of my taxable dividends to my HSA. That results in $10,850 of tax fre...
by HotRod
Wed Aug 10, 2016 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Excessive Optum Bank HSA fees vs HSA Bank vs SelectAccount?
Replies: 30
Views: 8482

Re: Excessive Optum Bank HSA fees vs HSA Bank?

This may not be important to you, but I have an account at HSA bank and I am very disappointed that HSA bank does not play well with Quicken. Sometimes my transactions come down, sometimes they don't. I wrote HSA Bank about the problem and I got a very short reply that HSA Bank doesn't support quick...
by HotRod
Wed Jul 06, 2016 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Ideal allocation for someone who has reached their "number"
Replies: 38
Views: 5783

Re: Ideal allocation for someone who has reached their "number"

Rick Ferri wrote an article at Forbes entitled The Center of Gravity for Retirees that seems like it may answer your question. Thanks for posting the link to this article, I found it to be very informative. Rick is proposing a 30/70 AA for those who have won the game. I would like to increase my Bo...
by HotRod
Thu Jun 30, 2016 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me decide if I should dump a loser stock
Replies: 28
Views: 1814

Re: Please help me decide if I should dump a looser stock

Thanks for all your input.

Just to follow up, I went ahead and dumped it. It did not fit my investment plan or my desired allocation.

I felt that I should get rid of it, but as always, the advice from this group helps me to feel good (or bad) about my decisions.

:sharebeer
by HotRod
Thu Jun 30, 2016 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me decide if I should dump a loser stock
Replies: 28
Views: 1814

Re: Please help me decide if I should dump a looser stock

I read an article about XBI (S&P Biotech ETF) and on impulse I purchased 20K of it. Yes, I know, it was bad decision, and not the action of a true BH. By way of this decision I turned 20K into 14K :( XBI has been down for over a year and just sitting there. So now my question is, should I just hold...
by HotRod
Thu Jun 30, 2016 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Please help me decide if I should dump a loser stock
Replies: 28
Views: 1814

Please help me decide if I should dump a loser stock

Hi fellow BH's, Some time ago I made a bad decision. I read an article about XBI (S&P Biotech ETF) and on impulse I purchased 20K of it. Yes, I know, it was bad decision, and not the action of a true BH. By way of this decision I turned 20K into 14K :( XBI has been down for over a year and just sitt...
by HotRod
Tue Apr 19, 2016 10:11 am
Forum: Investing - Help with Personal Investments
Topic: How did your retirement plans evolve over your career?
Replies: 45
Views: 5739

Re: How did your retirement plans evolve over your career?

I was always a saver, even during my teens when I cut grass. When I was still in college I read an article about the miracle of compounding interest and figured out that I could become a millionaire if I started saving early. I graduated from college and from day one lived well below my means and sa...
by HotRod
Tue Apr 12, 2016 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Bonds are such a lousy investment
Replies: 43
Views: 6007

Re: Bonds are such a lousy investment

Although 60% of my portfolio is in bonds (I am retired), whenever I do the math I come to the same conclusion, after fees and taxes , at best, bonds will keep up with inflation. With an SEC yield of 2.18% for the Bogleheads' much loved Total Bond Market Index and a Fed trying to target for 2%, wher...
by HotRod
Wed Apr 06, 2016 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Arrg, have to take an RMD
Replies: 12
Views: 1891

Re: Arrg, have to take an RMD

It is more important to get the right risk level than to optimize taxes. If you currently hold too much in stock, you should sell stock even if you have a capital-gains tax; it's better to pay the tax than to risk losing more than you can afford if the market crashes. I see from your other posts th...