Search found 25 matches

by Whacker
Thu Apr 19, 2018 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Tax-efficient fund placement?
Replies: 9
Views: 1181

Re: Tax-efficient fund placement?

Of the accounts you have available, I'd put the rest of the bonds in taxable and reserve most or all of the Roth IRA for stock funds. The "bonds in taxable" could be CDs if you like Cds and can find some at good rates. The general idea being we should try to save the Roth space for maximum growth, ...
by Whacker
Thu Apr 19, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Tax-efficient fund placement?
Replies: 9
Views: 1181

Re: Tax-efficient fund placement?

After the tIRA is 100% bonds (due to RMDs, rebalancing, etc.), where would be the next best place to hold fixed income and what type?
by Whacker
Sun Apr 15, 2018 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-efficient fund placement?
Replies: 9
Views: 1181

Re: Tax-efficient bond/fixed-income placement

Looks good to me with the information available. Any improvement would just be at the fringes. Setting aside the fact that I would never want 2-3 years of cash, you could put it in treasuries with higher yield and no state tax. Even 1 month treasuries beat, after taxes, some of the best high-yield ...
by Whacker
Sun Apr 15, 2018 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-efficient fund placement?
Replies: 9
Views: 1181

Tax-efficient fund placement?

Helping a retired family member who has little investment experience/aptitude simplify and diversify into a 3-fund-ish portfolio. I will help implement, manage, and rebalance. The Wiki on tax-efficient fund placement and several posts on the topic have helped me create a target portfolio (outlined b...
by Whacker
Thu Feb 08, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Exchanging stocks for index funds on Fidelity
Replies: 2
Views: 229

Exchanging stocks for index funds on Fidelity

I am helping a recently widowed family member simplify and diversify several Fidelity accounts (including taxable, tIRA, and Roth) into a basic 3 fund portfolio likely consisting of FUSVX (500 Index), FSIVX (International), and FSITX (Bond). The existing portfolio consists of 50-60 individual stocks...
by Whacker
Tue Jan 02, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off high interest student loans with Roth contributions?
Replies: 14
Views: 807

Re: Pay off high interest student loans with Roth contributions?

Thanks for the responses. KlangFool's point about optimizing our retirement contributions by taking advantage of available pre-tax space (rather than Roth) is well taken, but it's an answer to a slightly different question. We want to maintain monthly cash flow in order to increase cash savings, pot...
by Whacker
Mon Jan 01, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off high interest student loans with Roth contributions?
Replies: 14
Views: 807

Re: Pay off high interest student loans with Roth contributions?

I appreciate the response. Questions 1 and 2 were answered in the OP, but I will repost here for you. OP, 1) What is your annual savings? 2) Where do they go? A) Trad. 401K B) Roth IRAs C) Taxable account D) How much to each account? Our current budget allowed us to save $28k ($11k Roth IRA, $17k 40...
by Whacker
Mon Jan 01, 2018 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off high interest student loans with Roth contributions?
Replies: 14
Views: 807

Pay off high interest student loans with Roth contributions?

Married 41/37 years old, 2 year old kiddo (possibly another in 1-2 yrs) We both are working professionals with graduate degrees $155k gross income $320k in retirement accounts with 90/10 AA $45k cash savings $52k student loans: $13k @ 2-3% and $39k (all mine – grad school) @ 6.5-7.5%. Payments are $...
by Whacker
Wed Apr 06, 2016 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: ICMA-RC - Are these reasonable fees?
Replies: 15
Views: 6075

Re: ICMA-RC - Are these reasonable fees?

I work for a smallish government (~350 employees, unknown funds in the plan, HCOL area) using ICMA-RC as well. For some context, here are our expense ratios for the same funds. The ER on our index funds is slightly lower than they would be otherwise due to our plan administrators badgering ICMA for...
by Whacker
Wed Apr 06, 2016 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: ICMA-RC - Are these reasonable fees?
Replies: 15
Views: 6075

Re: ICMA-RC - Are these reasonable fees?

Plans are priced based on: balance (the more the better), # of participants (the less the better), and contributions (the more the better). At first glance, I would say you're on the high end of fees. A plan your size should be paying a record-keeper around 0.40% and some record-keepers will take s...
by Whacker
Wed Apr 06, 2016 10:10 am
Forum: Investing - Help with Personal Investments
Topic: ICMA-RC - Are these reasonable fees?
Replies: 15
Views: 6075

ICMA-RC - Are these reasonable fees?

I work for a smallish government agency. We have a small 401 plan ($4-5 million) administered by ICMA-RC. I had not heard of ICMA-RC until I started working at my current job. I have not found many reviews or much in-depth analysis online, but they describe themselves on their website: "We are an in...
by Whacker
Sat Mar 26, 2016 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Parents with Social Security
Replies: 7
Views: 780

Re: Helping Parents with Social Security

You mention that they have "about $120k in retirement accounts that they hope to avoid tapping into for anouther 5-10 years." Since they are age 67 & 70, they will probably have to start taking required minimum distributions (RMD's) depending who is the owner of these " retirement accounts". If the...
by Whacker
Sat Mar 26, 2016 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Parents with Social Security
Replies: 7
Views: 780

Re: Helping Parents with Social Security

May I suggest taking a little broader view on this topic? There pre-tax income looks to be about $6500/month once your mother starts substitute teaching, falls to $4,500 if they both stop substituting, and to $3,500 if they tire of renting out space. How much do they need to live on each month? How...
by Whacker
Sat Mar 26, 2016 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Parents with Social Security
Replies: 7
Views: 780

Helping Parents with Social Security

I am trying to use Boglehead principles to help my folks as they head into their retirement. Unfortunately, they are not financially savvy at all, and have made many mistakes along the way. Dad is 70, mostly retired, substitute teaches some and runs an AirBnB out of their home. He began taking SS se...
by Whacker
Thu Mar 24, 2016 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Extra 10K lying around - should i invest?
Replies: 23
Views: 4139

Re: Extra 10K lying around - should i invest?

Hopefully someone can read this down here as a follow up question. So I have about 13k as an emergency fund. I am about to get an extra 4.5k. I don't need it for any pressing matters. Would it make sense to just invest it instead of adding to my emergency fund? It's really difficult to offer you an...
by Whacker
Wed Mar 23, 2016 10:56 am
Forum: Local Chapters and Bogleheads Community
Topic: Master Thread for Portland, Oregon
Replies: 136
Views: 41687

Re: Master Thread for Portland, Oregon

Shoot. I see I just missed a meeting. I'm curious how many folks have shown up over the past couple meetings?
by Whacker
Wed Mar 23, 2016 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Changing careers (becoming real estate agent)
Replies: 18
Views: 2508

Re: Changing careers (becoming real estate agent)

Also, you should probably check out the BiggerPockets site. If you take the irrational exuberance that permeates the site with a grain of salt, there's actually a lot of good information there.
by Whacker
Wed Mar 23, 2016 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Changing careers (becoming real estate agent)
Replies: 18
Views: 2508

Re: Changing careers (becoming real estate agent)

My questions: - How flexible can my schedule be? By this I mean will I be able to cordon off personal time from work? I ask this as I am a writer and musician and these projects matter greatly to me; I am not solely interested in making tons of commissions. - How much can I reasonably expect to mak...
by Whacker
Sat Feb 20, 2016 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Jobs with Student Loan Forgiveness
Replies: 52
Views: 5621

Re: Jobs with Student Loan Forgiveness

For folks who see PSLF as some inappropriate handout, please consider the following: Our public and nonprofit sectors require the employ of doctors, lawyers, engineers, and other highly-educated professionals. Higher education cannot always be financed by grants, part-time work, or wealthy families....
by Whacker
Wed Apr 01, 2015 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for My Parents at Retirement
Replies: 10
Views: 2119

Re: Advice for My Parents at Retirement

No point in paying in a 25% Fed bracket on the Roth contribution money now, when they could be deferring those taxes and paying just 15% on tIRA IRA withdrawals in a few years. Not sure what you mean by "net income". If they have less than $98k AGI (line 37 on a 1040) they can probably each make a ...
by Whacker
Mon Mar 30, 2015 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Advice for My Parents at Retirement
Replies: 10
Views: 2119

Re: Advice for My Parents at Retirement

Do you have an estimate of how much income they will have in retirement...... how much is pension, SS, AirBnB....? What will their tax bracket be? I'm wondering if saving in a Roth is best. Is this a teachers pension? Has your mother been into paying into social security too, or are there going to ...
by Whacker
Mon Mar 30, 2015 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Advice for My Parents at Retirement
Replies: 10
Views: 2119

Re: Advice for My Parents at Retirement

When does the HELOC next rebalance? Maybe just up the amount they pay each month a little for a while until the rate actually goes up? It definitely makes sense to get rid of Curian; although you should look at the tax implications if there are a lot of capital gains. Since the money is in taxable,...
by Whacker
Sun Mar 29, 2015 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for My Parents at Retirement
Replies: 10
Views: 2119

Re: Advice for My Parents at Retirement

Sorry to ask a peripheral question, but how did they come to own all that equity and bonds, and did they take out the huge HELOC to buy investments, or to repair the house? Do they need/hope to leave an inheritance? Did they SELL anything during the Great Recession? How do they justify that huge Cu...
by Whacker
Sun Mar 29, 2015 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Advice for My Parents at Retirement
Replies: 10
Views: 2119

Re: Advice for My Parents at Retirement

Updated with more info.
by Whacker
Sun Mar 29, 2015 2:40 am
Forum: Investing - Help with Personal Investments
Topic: Advice for My Parents at Retirement
Replies: 10
Views: 2119

Advice for My Parents at Retirement

Hello, I've been lurking for a few months, but first time poster. Relatively new to investing but have been doing a lot of reading over the past few months, beginning with The Little Book of Common Sense Investing. I'm hoping to get your advice as I try to help my folks into their retirement. Their ...