Search found 5088 matches

by Duckie
Thu Nov 23, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Youngin' looking for help.
Replies: 11
Views: 719

Re: Youngin' looking for help.

If I left my job, it would be to go to school. After school, I may take a job with lower earnings. Not sure how this would affect your advice if at all. Where I could foreseeable get loans or get a scholarship. Either way, I will indeed need money to live during that period. Do you have any general...
by Duckie
Wed Nov 22, 2017 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Youngin' looking for help.
Replies: 11
Views: 719

Re: Youngin' looking for help.

helpmebby , welcome to the forum. Should I open an (roth) IRA and should I max it? At your income you can't contribute to a Roth IRA directly but you can using the Backdoor Roth IRA method. Yes, max it. Should I max my 401k? Yes. Even if i do both of these I should still be able to stash a good dea...
by Duckie
Wed Nov 22, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Making collegebound Kid Financially Savvy Questions..
Replies: 38
Views: 1731

Re: Making collegebound Kid Financially Savvy Questions..

I wanted to open a ROTH IRA for her and match her savings. However, Vanguard has 3000 minimum for Target Date Retirement Fund. What options do I have other than that? The minimum initial investment for the Target Retirement funds is $1,000, not $3,000, example: ( VTTSX ) Vanguard Target Retirement ...
by Duckie
Tue Nov 21, 2017 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Best Taxable Account Option - Vanguard Core Bond, REIT, or Global Wellington
Replies: 9
Views: 777

Re: Question about Best Taxable Account Option - Vanguard Core Bond, REIT, or Global Wellington

I've reached the point that my tax sheltered space is all tied up in Vanguard Core Bond, US REIT, and Global Wellington. Which should I start to move to my taxable individual account? None of them are suitable in taxable. Wellington is 2/3 stocks. If you swap that fund for Core Bond you'll have mor...
by Duckie
Tue Nov 21, 2017 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Check my portfolio
Replies: 13
Views: 1004

Re: Check my portfolio

yncraig316 , welcome to the forum. I'm looking to invest my disposable income amongst these three funds. If by "disposable income" you mean the three funds listed as *Taxable* then I think you should use Total Stock Market and Total International. Is this plan diverse enough? Total Stock is better ...
by Duckie
Tue Nov 21, 2017 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: About to make big changes, second opinions? Vanguard v. Schwab & SEP401k Qs
Replies: 4
Views: 598

Re: About to make big changes, second opinions? Vanguard v. Schwab & SEP401k Qs

lifix , welcome to the forum. I believe that 2017 will be the last year I contribute to my Roth IRA Why? Why not continue to contribute to a Roth IRA? and I'd like to open up a SEP401k, because that should let me stash a lot more money in a tax advantaged account? There is no such thing as a SEP401...
by Duckie
Mon Nov 20, 2017 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring all funds to new elections
Replies: 7
Views: 421

Re: Transferring all funds to new elections

I have $xxx,xxx sitting in my old funds. I need to allocate it into my new funds. Should I put a larger lump sum into the Total Bond Market just to have a more stable lump there? Move it all based on the corresponding percentages? Put a lot into VINIX? You have a desired AA of 49/11/20/20. Just exc...
by Duckie
Mon Nov 20, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: help w/ deceased spouses 401K
Replies: 1
Views: 247

Re: help w/ deceased spouses 401K

ed1claudia , welcome to the forum. Can I roll his 401k into my 403b without any tax consequences? You can roll the 401k into your 403b if your 403b allows incoming rollovers. Not all do. There would be no tax consequences. You could also roll the 401k into your traditional IRA with no tax consequen...
by Duckie
Sun Nov 19, 2017 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Advice needed—Vanguard 403b
Replies: 7
Views: 391

Re: Advice needed—Vanguard 403b

I think part of my hesitation is more psychological; having the Roth at 100% equity while the 403b is fairly conservative. In general it's better to put assets with lower expected growth (bonds) in pre-tax accounts (because they're going to be taxed later) and assets with higher expected growth (st...
by Duckie
Sun Nov 19, 2017 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Best Method To Correct Roth IRA Excess Contributions
Replies: 9
Views: 437

Re: Best Method To Correct Roth IRA Excess Contributions

IndexRookie wrote:Interesting, so there's no 10% early withdrawal penalty on the earnings (NIA)?
That's because you're not withdrawing them, you're converting them. There's a difference.
by Duckie
Sun Nov 19, 2017 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Advice needed—Vanguard 403b
Replies: 7
Views: 391

Re: Advice needed—Vanguard 403b

Would something like this work? Yes. This is an excellent plan. Almost all of the rebalancing would be done through the 403b. Should the rebalancing occur through new purchases (paycheck contributions) or exchanging from the funds themselves? In the 403b set up your contributions to be roughly 20/2...
by Duckie
Sun Nov 19, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help Moving IRAs, Starting Anew, Balancing Debt, Saving and Investments
Replies: 12
Views: 674

Re: Help Moving IRAs, Starting Anew, Balancing Debt, Saving and Investments

Is there any way at all for me to rollover funds from the SIMPLE-IRA and fully avoid taxes somehow? Or since all of my money is in tax-deferred IRAs I would simply have to pay taxes on whatever amount is converted? You appear to have your own business. Do you have employees (other than your wife)? ...
by Duckie
Fri Nov 17, 2017 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Max out 403b or open solo 401k?
Replies: 4
Views: 238

Re: Max out 403b or open solo 401k?

My thought was that I'd have more control over a solo 401k than my 403b, plus slightly better fund options. The best fund options in my 403b are indexed funds with .60% expense ratio. I know there are cheaper options with Fidelity for solo 401k. In a solo 401k at Fidelity you can buy: Total Market ...
by Duckie
Fri Nov 17, 2017 5:33 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 66
Views: 6049

Re: Buying and Spending Bitcoin

What happens if you lose the "master seed key?" Do you end up with a big wheel of bitcoin at the bottom of the sea... still there, "safe," can't be stolen by anybody else, just inaccessible to you? I forgot my PIN: an epic tale of losing $30,000 in Bitcoin . This article is by a guy who lost his ma...
by Duckie
Thu Nov 16, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about IRA deduction Limts
Replies: 15
Views: 807

Re: Confused about IRA deduction Limts

Still, why would anyone want to make a Traditional IRA contribution if they couldn't deduct it? It seems you're allowed to do the full amount even if you can only deduct a portion of it, or am I wrong about that? Person X makes too much to contribute to a Roth IRA but can't use the backdoor method ...
by Duckie
Thu Nov 16, 2017 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1894

Re: Portfolio Review

I did put all four funds in the Morningstar X-ray and it came up with the following: Cash 2% US Stocks 52% Foreign Stocks 16% Bonds 29% Other 1% I'm not sure what numbers you used to get the above percentages. I recommend 30% VTSAX, 20% VTIAX, 15% VFIAX, and 35% VBTLX which gets a Morningstar AA of...
by Duckie
Thu Nov 16, 2017 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth and $0.01 question
Replies: 6
Views: 656

Re: Backdoor Roth and $0.01 question

First time this year I did backdoor Roth (this was for last year). I deposited 5500$ in tIRA and in two days later I did the Roth conversion (5500$). I filed 8606 form after filing tax. After conversion, 0.01$ was left in the account. Will this be an issue for future backdoor Roth conversion? $0.01...
by Duckie
Thu Nov 16, 2017 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1894

Re: Portfolio Review

Here is my final allocations: Roth IRA: 80% Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) 20% Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) 401k w/ Nationwide: 65% Vanguard STAR Fund (VGSTX)--I had initially had this as my Roth IRA but decided it was better to...
by Duckie
Wed Nov 15, 2017 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: 403b Question on Vanguard Fees
Replies: 4
Views: 264

Re: 403b Question on Vanguard Fees

They are clearly withholding $400 for 403b contributions. But Vanguard only shows a $398 contribution each month. So I take it this is part of Vanguard's fee structure, correct? Where they take that $2 each month for fees? Vanguard is the custodian but it is unlikely they are getting the fee. There...
by Duckie
Wed Nov 15, 2017 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1894

Re: Portfolio Review

The actual amount I contribute to my 401k is $332.80/month. I think there is a match like 5-10% or what I contribute. Are you getting the entire match? You don't want to ignore free money. Find out exactly how it's matched. One question on your allocations for the 401k and Roth, don't the Total Sto...
by Duckie
Wed Nov 15, 2017 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1894

Re: Portfolio Review

My 401k does allow me to invest in Vanguard 500 Index Fund Admiral Shares (VFIAX) and Vanguard Total Bond Index Admiral Shares (VBTLX). If I update my 401k allocations to these two funds would I also change my Roth IRA to just the Total Stock Market and Total International Stock Market funds since ...
by Duckie
Tue Nov 14, 2017 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1894

Re: Portfolio Review

401k: $75k in Vanguard Extended Market Index fund admiral shares through Nationwide Roth IRA: $76k in Vanguard Total Stock Market Index Fund Admiral Shares (50%), Vanguard Total International Stock Index Fund Admiral Shares (30%), and Vanguard Total Bond Market Index Fund Admiral Shares (20%) Exten...
by Duckie
Tue Nov 14, 2017 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: 401k question - shift to a three-fund portfolio?
Replies: 4
Views: 433

Re: 401k question - shift to a three-fund portfolio?

assuming I move to an 80/20 allocation in my 401k (with an understanding that this isnt truly an 80/20 allocation across all my retirement accounts), are there any thoughts on why I might not want to go with the three-fund I'm considering above? If you want an 80/20 AA in this specific account then...
by Duckie
Tue Nov 14, 2017 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Introduction to myself, my portfolio and my situation
Replies: 9
Views: 1707

Re: Introduction to myself, my portfolio and my situation

I need suggestions on how to structure the portfolio and what I should place in my IRA and Roth. That would be my first step in this process since I could liquidate the entire IRA and ROTH portions with no tax implications at all. Leaving aside the $88K in cash that appears to be part of your emerg...
by Duckie
Mon Nov 13, 2017 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: 9-5 and a Side Hustle that's growing
Replies: 10
Views: 2207

Re: 9-5 and a Side Hustle that's growing

I thought you cannot exceed self-funded $18,000 cap across 401K plans, which is why I thought you would need to stop the 9-5 401K. The 54K max is counting the employer contribution, let me know if I'm not correct in that thinking. You're correct that the $18K employEE contribution limit is spread a...
by Duckie
Mon Nov 13, 2017 3:25 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth: How Long To Wait For Conversion?
Replies: 32
Views: 7403

Re: Backdoor Roth: How Long To Wait For Conversion?

Does this change if conversion fees are involved? Fidelity is charging $15 for after-tax 401K conversion to RothIRA. So $390 in fees if doing immediately for bi-monthly paycheck, but half for each double delay (12 months - $180, 6 months $90, etc.). $390? Yuck! I'd still do it, but yuck. Unfortunat...
by Duckie
Sun Nov 12, 2017 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth question about procedure and timeline sequence
Replies: 5
Views: 551

Re: Backdoor Roth question about procedure and timeline sequence

Can we fund the traditional (non-deductible) IRA and convert to Roth IRA in November 2017 first and then move the rollover IRA into our company 401(k) in December 2017 ? Please note the sequence and timeline. Will i get in trouble with IRA Aggregation Rule/ProRata rule ? As long as the rollover IRA...
by Duckie
Sun Nov 12, 2017 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Help Moving IRAs, Starting Anew, Balancing Debt, Saving and Investments
Replies: 12
Views: 674

Re: Help Moving IRAs, Starting Anew, Balancing Debt, Saving and Investments

GreyInvestment , welcome to the forum. -Age: 35 -Desired Asset allocation: 80-90% stocks / 10-20% bonds At your age I recommend at least 20% bonds. 25% would be better. -Desired International allocation: 30-40%??? of stocks, really not educated on this one. Vanguard has found between 20% and 40% of...
by Duckie
Sun Nov 12, 2017 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice - Reducing Clutter Military 31M
Replies: 7
Views: 1081

Re: Portfolio Advice - Reducing Clutter Military 31M

Slacker wrote:You cannot direct Roth separate from Traditional in TSP. Your C, S, I, F, G and L fund allocation percentages apply equally across Roth TSP and Traditional TSP.
Bummer.
by Duckie
Sun Nov 12, 2017 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: 401k / IRA questions
Replies: 8
Views: 794

Re: 401k / IRA questions

tindel , welcome to the forum. I will also be phased out completely from the a tIRA, meaning that all of my contributions henceforth will be to rIRA until I phase out of that. If you expect your future income to be high enough to disallow Roth IRA contributions then you may want to use the Backdoor...
by Duckie
Sun Nov 12, 2017 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice - Reducing Clutter Military 31M
Replies: 7
Views: 1081

Re: Portfolio Advice - Reducing Clutter Military 31M

EODTECH19 , welcome to the forum Taxable 14.92% cash (Savings Deposit Program Interest @ 10%) What is the purpose of this cash? Because if it's not for retirement it shouldn't be listed in the portfolio and if it is for retirement it covers your 15% fixed income portion. I am pretty sure ditching t...
by Duckie
Fri Nov 10, 2017 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Rollover 1 per year rule
Replies: 14
Views: 1041

Re: IRA Rollover 1 per year rule

Will rolling both of these into the TIAA-CREF account in one year violate the rule? I understand a trustee-to-trustee transfer exempts you from the rule, but I'm not sure that is supported by these investment companies. Here are the ways to transfer assets from one IRA to another IRA: Trustee-to-tr...
by Duckie
Fri Nov 10, 2017 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor Help
Replies: 5
Views: 328

Re: New Investor Help

I'm 30 years old. I make around $145,000 a year and have $180,000 in a saving account. What is the purpose of the savings account? Is part of it your emergency fund? Is part of it a short-term needs fund for future planned expenses like a new car or house downpayment? Is any of it earmarked for ret...
by Duckie
Wed Nov 08, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor IRA Questions + General Guidance
Replies: 1
Views: 139

Re: Backdoor IRA Questions + General Guidance

BayAreaKTM , welcome to the forum. My plan is to contribute to a Vanguard 2055 target date fund, despite my belief a correction is looming. Would love to hear advice on this matter and/or any suggestions. What you buy in the Roth IRA depends on your Asset allocation and what options you have in you...
by Duckie
Wed Nov 08, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Help! Portfolio checkup needed!
Replies: 11
Views: 1526

Re: Help! Portfolio checkup needed!

I understand the idea behind all funds except in the Fidelity taxable, but would it make sense to leave the IXUS and ITOT instead of selling and buying FTIPX and FSTVX? I prefer funds to ETFs so I set it up that way. Keeping IXUS and ITOT would be fine. If my contribution to VFIAX is only 3%, how c...
by Duckie
Tue Nov 07, 2017 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation and placement critique/feedback
Replies: 13
Views: 986

Re: Asset allocation and placement critique/feedback

freedominvestor , welcome to the forum. I would really appreciate feedback on the asset allocation and fund placement my wife and I have chosen for our retirement investments. It would be much better if you didn't mirror your AA in your accounts. Think of the portfolio as a whole. I would change a ...
by Duckie
Tue Nov 07, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds confuse me...
Replies: 13
Views: 1417

Re: Bonds confuse me...

Equity is set to the following: 45% of pay to STATE STREET S&P 500 INDEX NON LENDING SERIES FUND with ER of 0.12% 40% of pay to VANGUARD EXTENDED MARKET INDEX FUND with ER of 0.08% 500 Index is roughly 80% of US stocks and Extended Market is roughly 20%. You are seriously overweighting mid/small ca...
by Duckie
Mon Nov 06, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard CA Intermediate / Long Term Tax Exempt Fund
Replies: 4
Views: 310

Re: Vanguard CA Intermediate / Long Term Tax Exempt Fund

I'm looking to put the cash (about ~$16K) into a bond fund to get the bond AA higher. Since my 401(k)/IRA are maxed, I'm thinking holding the bond fund in the taxable account. So I'm considering Vanguard CA Tax Exempt Intermediate or Long-term fund. Rest of my bond AA in my 401K is in VBTMX. Why no...
by Duckie
Sun Nov 05, 2017 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Move My Rollover IRA to my 401(k)
Replies: 9
Views: 771

Re: Should I Move My Rollover IRA to my 401(k)

Can you provide more information why would u move rollover IRA into 401(k)? Based on the comment about the IRA Aggregation Rule, the OP probably earns too much to contribute to a Roth IRA directly and wants to use the Backdoor Roth IRA method. Having a Rollover IRA gets in the way of that method be...
by Duckie
Sun Nov 05, 2017 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Funded Roth and Now my MAGI is too high to qualify
Replies: 4
Views: 565

Re: Funded Roth and Now my MAGI is too high to qualify

Do I simply call Schwab and tell them I need to reclassify the $2,350 ($2,000 contribution plus $350 in earnings) to a traditional IRA? You tell Schwab to recharacterize the $2000 2017 Roth IRA contribution plus earnings to a TIRA. They'll do the exact figuring. If you have no other non-Roth IRAs (...
by Duckie
Sat Nov 04, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Final Decision
Replies: 5
Views: 1039

Re: FINAL DECISION

DazedandConfused wrote:Available investment options
Please edit your post and add the 457b plan expense ratios. Costs are important and often the first thing looked at.
by Duckie
Sat Nov 04, 2017 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Anti-discrimination rules apply to SIMPLEs? Avoidable?
Replies: 3
Views: 270

Re: Anti-discrimination rules apply to SIMPLEs? Avoidable?

Can just direct transfer the balances in my Investor Simple to the same funds in my Admiral traditional IRA? I am not leaving my firm. I can't find anything online that answers this question, but I am guessing I cannot, because that would be an easy way to avoid the "anti-discrimination rule." Can ...
by Duckie
Sat Nov 04, 2017 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: TIRA (with Non-Deductible Contributions) Transfer to Vanguard and Convert to Roth
Replies: 4
Views: 235

Re: TIRA (with Non-Deductible Contributions) Transfer to Vanguard and Convert to Roth

nBbdLlCsvwxwjaxHFafs , welcome to the forum. What is the best way to transfer this account to Vanguard and make the Roth conversion? It seems easy to do the Roth conversion at Vanguard so I'd prefer to transfer the account and then do the conversion. He talked to a rep from Vanguard who seemed wary...
by Duckie
Sat Nov 04, 2017 3:50 pm
Forum: Investing - Theory, News & General
Topic: Tax question. Rolling over a CB DB into an IRA with Roth Conversion
Replies: 7
Views: 419

Re: Tax question. Rolling over a CB DB into an IRA with Roth Conversion

My coworker told me that I’m wrong and that I’d owe taxes on the total balance of the rollover IRA. Is that true? If it’s partially true would I “only” owe taxes on the amount over some sort of basis amount? You will pay taxes on any amount on which you have not already paid taxes. If you contribut...
by Duckie
Fri Nov 03, 2017 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Request for Investment Advice
Replies: 5
Views: 497

Re: Request for Investment Advice

We are planning to convert Spouse #1 TIRA to a Roth IRA for the backdoor Roth IRA method, but I was unaware we needed to convert Spouse #2 to a Roth for that as well. Can you please explain more as to why? So that Spouse #2 would be able to contribute using the backdoor method also. List the 401k f...
by Duckie
Fri Nov 03, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help! Portfolio checkup needed!
Replies: 11
Views: 1526

Re: Help! Portfolio checkup needed!

Boco_guy wrote:Another quick question: does the 25% bond allocation sound a bit conservative for my age?
At age 38 a bond AA of 25% to 35% would be reasonable. So no, I don't think it's conservative.
by Duckie
Thu Nov 02, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Help! Portfolio checkup needed!
Replies: 11
Views: 1526

Re: Help! Portfolio checkup needed!

I am contributing 18k per year to Transamerica (Roth 403b) retirement Is the Transamerica account a 401k or 403b? Is it pre-tax or Roth? I would like to for now leave the wealthfront out of the equation as I may need this money for something else other than a retirement. I am currently contributing...
by Duckie
Thu Nov 02, 2017 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Request for Investment Advice
Replies: 5
Views: 497

Re: Request for Investment Advice

yosemitesam , welcome to the forum. Emergency Fund: $458,000 (presently divided into two “high yield” savings accounts) (Actual 6-9 Month Expenses Emergency Fund should be at $60,000) Debt: Mortgage: 375,000 / 14 years remaining on a 15 year loan @ 3.625% Have you considered paying off the $375K mo...
by Duckie
Wed Nov 01, 2017 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: How to utilize newly available Vanguard funds in my 401K
Replies: 17
Views: 1417

Re: How to utilize newly available Vanguard funds in my 401K

To better understand how to asset allocate with these, how/where do I find information to understand which other Vanguard funds more commonly discussed on the forums these are equivalent to? If I understand right these are Institutional funds, and to make use of much of the forum knowledge I would ...