Search found 6752 matches

by Duckie
Fri Sep 13, 2019 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Medical expense deduction documentation
Replies: 10
Views: 771

Re: Medical expense deduction documentation

However, these medical expenses take the form of well over 100 EOBs. I have the individual EOB for each one of them (that's in fact how I calculated how much the insurance companies didn't reimburse and we paid), but I'm wondering if that's enough in an audit. What if I saved our bank and credit ca...
by Duckie
Fri Sep 13, 2019 5:58 pm
Forum: Forum Issues and Administration
Topic: new to the forum -- how should I "pm a moderator"
Replies: 3
Views: 580

Re: new to the forum -- how should I "pm a moderator"

I could "PM a moderator", but I barely know who the moderators are. Am I supposed to pick one? At random? Is there a generalized moderator-question queue I could send messages to? At the bottom of this page any online user in yellow is a moderator. Or you can go to your Private messages >> Compose ...
by Duckie
Fri Sep 13, 2019 5:33 pm
Forum: Personal Investments
Topic: Targeted 401k funds vs custom 3 fund portfolio
Replies: 3
Views: 404

Re: Targeted 401k funds vs custom 3 fund portfolio

Faced with the same situation, what would you choose? Of the options listed I would choose: VINIX -- Vanguard Institutional Index Fund Investor Shares (0.035%) VTMGX -- Vanguard Developed Markets Index Admiral (0.07%) MWTIX -- Metropolitan West Total Return Bond Fund Class (0.45%) The percentages w...
by Duckie
Fri Sep 13, 2019 5:19 pm
Forum: Personal Investments
Topic: New Graduate Portfolio/General Help
Replies: 8
Views: 449

Re: New Graduate Portfolio/General Help

His tIRA (M1 Finance does not offer Mutual Funds but will be transferring to Fidelity due to Compliance requirements at work) 11% Vanguard Total Int'l Stock ETF (VXUS) (0.09%) 25% Vanguard Total Stock Market ETF (VTI) (0.03%) To avoid commissions at Fidelity sell at M1 Finance, roll over cash, and ...
by Duckie
Thu Sep 12, 2019 6:41 pm
Forum: Personal Investments
Topic: Portfolio Review - Recently Retired
Replies: 6
Views: 1156

Re: Portfolio Review - Recently Retired

Age: Him 63/ Her 62 Desired Asset allocation: 50% stocks / 50% bonds but open to suggestions This is reasonable. Desired International allocation: Open to suggestions - currently 8% This is low but if that's what you want, it will do. Opinion on the safety and soundness of the above portfolio in ea...
by Duckie
Wed Sep 11, 2019 6:14 pm
Forum: Personal Investments
Topic: New To This, Just Read Bogle's Little Book of Common Sense Investing!
Replies: 10
Views: 1101

Re: New To This, Just Read Bogle's Little Book of Common Sense Investing!

I have complete control of where I put my SEP IRA funds and what they could contain. I have no employees on my payroll per se, all of my help is contract labor, so I have no other people to consider when making decisions on the SEP IRA. Since you have no employees you could create a solo 401k at Fi...
by Duckie
Tue Sep 10, 2019 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Planning - Pension
Replies: 24
Views: 2616

Re: Retirement Planning - Pension

Again open to any advice related to retirement planning but primarily would like suggestions on how to handle pension in regards to planning, and knowing whether we need to make immediate adjustments or stay the course. I would not include the future pension when making retirement calculations or f...
by Duckie
Tue Sep 10, 2019 5:24 pm
Forum: Personal Investments
Topic: New To This, Just Read Bogle's Little Book of Common Sense Investing!
Replies: 10
Views: 1101

Re: New To This, Just Read Bogle's Little Book of Common Sense Investing!

LowCostIndexFundsFTW , welcome to the forum. My primary question is, what is the best way to get my money from these high-cost funds they are currently in, and into low cost index funds? What sort of tax implications will I be facing, and strategically what is the best way to reduce my tax burden? ...
by Duckie
Mon Sep 09, 2019 4:59 pm
Forum: Personal Investments
Topic: Portfolio Review- Please give me your feedback
Replies: 5
Views: 786

Re: Portfolio Review- Please give me your feedback

HIM Fidelity Roth IRA ( Monthly Backdoor Roth Conversations) I did not contribute for many years, I recently learn of the back door conversation. (FFTHX) Fidelity 2035 Fund ($8,200) Exp Ratio 0.73% YTD (Monthly) 1 Yr 3 Yrs 5 Yrs 10 Yrs Life 12.72% -0.70% 8.77% 6.29% 9.03% 6.68% Domestic Equities 56...
by Duckie
Sun Sep 08, 2019 9:59 pm
Forum: Personal Investments
Topic: DINK Couple in late 30's Portfolio Advice
Replies: 7
Views: 1860

Re: DINK Couple in late 30's Portfolio Advice

princessfluffy , welcome to the forum. Age: Me: 36, Spouse: 38 Desired Asset allocation: 70% stocks / 30% bonds That is reasonable for your ages. Desired International allocation: Not sure Vanguard has found between 20% and 40% of stocks in international to be the "sweet spot". See the Vanguard pap...
by Duckie
Sun Sep 08, 2019 8:10 pm
Forum: Personal Investments
Topic: Cash Balance Pension Early Termination - Lump Sum/Annuity
Replies: 9
Views: 780

Re: Cash Balance Pension Early Termination - Lump Sum/Annuity

I have $125k in a cash balance plan that is heading for early termination. I have two options for my money: 1) Roll the money in to an IRA 2) Convert the amount to an annuity at "retirement age." If choosing #1, to avoid the pro-rata rule do you have a current or former employer plan like a 401k th...
by Duckie
Sun Sep 08, 2019 8:02 pm
Forum: Personal Investments
Topic: Roth 401k Help
Replies: 18
Views: 590

Re: Roth 401k Help

I just cut out some of the steps in between; but yea luckily my employer works with Vanguard to do an immediate conversion (I thought about the withdrawal to Roth IRA option too but I figure that's what the regular backdoor Roth conv is for, to fuel it) so there's no tax penalty. It sounds like you...
by Duckie
Sun Sep 08, 2019 7:15 pm
Forum: Personal Investments
Topic: Roth 401k Help
Replies: 18
Views: 590

Re: Roth 401k Help

If so, then I'll probably just use my Roth401K as a bigger/continued extension of what I'm doing already in my Roth IRA. <snip> I'm asking about Roth 401K because, I'm already maxed out my traditional, and my company fortunately allows mega backdoors. Just be aware that an after-tax 401k sub-accoun...
by Duckie
Sun Sep 08, 2019 7:06 pm
Forum: Personal Investments
Topic: Is it worth attempting an in-kind transfer from equiniti or computershare to Vanguard?
Replies: 4
Views: 387

Re: Is it worth attempting an in-kind transfer from equiniti or computershare to Vanguard?

jasonb885 , welcome to the forum. So I have less than $1,000 worth of AT&T and (from AT&T Wireless) Comcast stock at Computershare and Equiniti respectively. The AT&T stock was a gift over 20 years ago. I don't happen to have complete records and over time I started reinvesting dividends. What I am...
by Duckie
Sun Sep 08, 2019 6:42 pm
Forum: Personal Investments
Topic: 401k -> TSP Rollovers?
Replies: 1
Views: 234

Re: 401k -> TSP Rollovers?

- Is the 401k->TSP rollover a one-time all-or-nothing thing...or could I potentially rollover her funds from the 401k to her TSP once a year (for example)? - Would her company's match also be eligible for rollover? I doubt she can roll her 401k employee elective deferrals or her company match out w...
by Duckie
Sat Sep 07, 2019 6:11 pm
Forum: Personal Investments
Topic: How to start withdrawals employing boglehead 3-fund portfolio strategy
Replies: 6
Views: 803

Re: How to start withdrawals employing boglehead 3-fund portfolio strategy

My question is how to we start setting our IRAs up today (employing the boglehead 3-fund portfolio strategy) in readiness for withdrawals that will start in 2 years? If you want a 60/40 AA, billfromct has an excellent example. And how would we employ the boglehead 3-fund portfolio strategy in the R...
by Duckie
Sat Sep 07, 2019 6:01 pm
Forum: Personal Investments
Topic: Help Rebalancing - Fidelity
Replies: 9
Views: 998

Re: Help Rebalancing - Fidelity

Trying to simplify and not overlap. Current holdings in this cash investment account FSKAX - 45% FIDELITY TOTAL MARKET INDEX FUND FSPSX - 8% FIDELITY INTERNATL INDEX FUND FXAIX - 25% FIDELITY 500 INDEX FUND FXNAX - 22% FIDELITY U.S. BOND INDEX FUND Should I stay on this course or should I ditch one...
by Duckie
Fri Sep 06, 2019 8:56 pm
Forum: Personal Investments
Topic: writing off stock loss to off set tax when withdrawing money from 401k.
Replies: 10
Views: 795

Re: writing off stock loss to off set tax when withdrawing money from 401k.

MrKmon wrote:If I incur $30,000 loss on stock, can I keep a record of this for 30 years later and use it to write off $30,000 if I am withdrawing $50,000 in the future?
No. You are required to use it up either by offsetting taxable gains or by offsetting regular income @$3K per year. You can't sit on the loss.
by Duckie
Fri Sep 06, 2019 7:54 pm
Forum: Personal Investments
Topic: Roth rollover after recharacterization
Replies: 2
Views: 169

Re: Roth rollover after recharacterization

ineligible contributions to a Roth IRA (MAGI above limit) for tax years 2018, 2019. recharacterized these contributions on advice of tax guy into a traditional Roth. There is no such thing as a "traditional Roth". can money recharacterized out of a roth be rolled back into a roth backdoor style? Ye...
by Duckie
Thu Sep 05, 2019 6:06 pm
Forum: Personal Investments
Topic: UGMA vs UTMA
Replies: 12
Views: 827

Re: UGMA vs UTMA

Spirit Rider wrote:You do not usually have a choice of UGMA vs UTMA. South Caroline is the only state that has not switched from UGMA to UTMA custodial accounts.
Do you mean in the other 49 states you HAVE to use the UTMA? That UGMA is no longer available?
by Duckie
Thu Sep 05, 2019 5:58 pm
Forum: Personal Investments
Topic: Portfolio Advice (32 y.o.) First Post on Bogleheads
Replies: 8
Views: 1251

Re: Portfolio Advice (32 y.o.) First Post on Bogleheads

Desired asset allocation something to the effect of the following (would welcome comments/thoughts on overall asset allocation): 1. 60% US Stocks (40% Large Cap/Total Market, 20% Small Cap), with tilt toward growth funds 2. 30% International Stocks (Total Market) 3. 10% REITs Where are your bonds? ...
by Duckie
Thu Sep 05, 2019 5:32 pm
Forum: Personal Investments
Topic: UGMA vs UTMA
Replies: 12
Views: 827

Re: UGMA vs UTMA

sandysuha, welcome to the forum.
sandysuha wrote:any thoughts about UGMA vs UTMA. my kid is 6 years old.
UGMA vs. UTMA Custodial Accounts
Beginner's Guide to UGMA and UTMA Custodial Accounts
by Duckie
Mon Sep 02, 2019 5:02 pm
Forum: Personal Investments
Topic: New on Bogleheads and Seeking Portfolio Advice
Replies: 6
Views: 887

Re: New on Bogleheads and Seeking Portfolio Advice

TallDrink wrote:Should I bite the bullet and sell it?
I would.
by Duckie
Sun Sep 01, 2019 6:33 pm
Forum: Personal Investments
Topic: help with bond choices in 457b
Replies: 1
Views: 214

Re: help with bond choices in 457b

jgt808 wrote:Input is appreciated in what you would do.
If you want that money in fixed income you should swap it to BlackRock Total Bond Index Fund .04% and either keep it there or put it in the stable value fund when the 90 days are up.
by Duckie
Sun Sep 01, 2019 5:40 pm
Forum: Personal Investments
Topic: Guidance Needed - Retirement / Investing - Thoughts
Replies: 3
Views: 886

Re: Guidance Needed - Retirement / Investing - Thoughts

Take Home Pay Me: 125k-150k ~ varies +- 15k Her (FT job): 50k Her (Small business): 30k It's not take-home that matters; it's your marginal tax bracket. Does her small business have employees? Would she want to open a small-business retirement plan? Does her W-2 Voya 401k have decent options? Him: ...
by Duckie
Fri Aug 30, 2019 4:35 pm
Forum: Personal Investments
Topic: solo 401K limits with other employee sponsored plans
Replies: 1
Views: 108

Re: solo 401K limits with other employee sponsored plans

rainmanonfire , welcome to the forum. My question is on the limits I could contribute to a solo 401K if I were to take the W-2 job. Am I limited to 56K total in eligible retirement plans or is just the elective deferral limited and could max a solo 401K if the income was justified on the 1099 incom...
by Duckie
Thu Aug 29, 2019 3:47 pm
Forum: Personal Investments
Topic: First post - Waking up!
Replies: 3
Views: 839

Re: First post - Waking up!

theBuddhaInMe , welcome to the forum. So first things I did was set up auto investment in my vanguard account bi weekly. There are better first moves than contributing to taxable. Do you have IRAs? Do you have an emergency fund? Do you have wills, etc? I have my employer 401k as well (through hewit...
by Duckie
Wed Aug 28, 2019 7:04 pm
Forum: Personal Investments
Topic: Behind on Retirement - Need Guidance on 401k, Mortgage vs. Invest, HSA investments
Replies: 18
Views: 1194

Re: Behind on Retirement - Need Guidance on 401k, Mortgage vs. Invest, HSA investments

Married couple ages 33 & 31 <snip> Desired Asset allocation: 80% stocks / 20% bonds That seems reasonable. Desired International allocation: 30% of stocks Vanguard has found between 20% and 40% of stocks in international to be the "sweet spot". See the Vanguard paper link and the discussion . I usu...
by Duckie
Mon Aug 26, 2019 6:39 pm
Forum: Personal Investments
Topic: Schwab 401k: What's the difference between Rebalancing and Trade/Change/Transfer Investment?
Replies: 1
Views: 182

Re: Schwab 401k: What's the difference between Rebalancing and Trade/Change/Transfer Investment?

I'm unclear if I should "Rebalance Investment" or "Trade An Investment/Transfer" It all depends on your particular 401k plan's website. If you click on "Rebalance investment" what happens? If you click on "Trade An Investment/Transfer" what happens? When you figure it out you need to first set your...
by Duckie
Sun Aug 25, 2019 8:08 pm
Forum: Personal Investments
Topic: Portfolio Request Review Please
Replies: 16
Views: 1020

Re: Portfolio Request Review Please

Available Funds in His 401K The best options are: Spartan 500 Index (FXAIX) (.015%) -- Large caps, 80% of US stocks Fidelity Extended Market (FSMAX) (.045%) -- Mid/small caps, 20% of US stocks SSgA International Index (.075%) -- Developed markets, 75% of international stocks SSgA US Bond Index (.05...
by Duckie
Sun Aug 25, 2019 7:03 pm
Forum: Personal Investments
Topic: Seeking Retirement Planning Advice
Replies: 4
Views: 665

Re: Seeking Retirement Planning Advice

Should I move everything into the TSP? No. You are not allowed to roll the taxable or the Roth IRA into the TSP (not even into the Roth TSP). [W]hich TSP funds should I be invested in at my age and what should the allocation percentages be? See below. Also, at what age should those percentages chan...
by Duckie
Sun Aug 25, 2019 6:59 pm
Forum: Personal Investments
Topic: Portfolio Request Review Please
Replies: 16
Views: 1020

Re: Portfolio Request Review Please

To clarify, is her Roth 403b at Transamerica the current plan and her 403b at Fidelity an old plan that can be rolled over?
by Duckie
Sun Aug 25, 2019 5:55 pm
Forum: Personal Investments
Topic: Portfolio Request Review Please
Replies: 16
Views: 1020

Re: Portfolio Request Review Please

Her 403B at Fidelity 1.1% Freedom Fund Index 2030 (FFEGX) (.080%) 0.5% T. Rowe Price Retirement I 2030 Fund I Class (TRPCX) (.530%) Her 403B Roth at Transamerica 0.2% Blackrock MSCI Foreign Index (n/a) (.120%) New Annual Contributions: His 401K - $47,000 as follows (35,000 EE - Max Tax Def + After ...
by Duckie
Sat Aug 24, 2019 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Transfer of stock (gift) reported to IRS?
Replies: 7
Views: 575

Re: Transfer of stock (gift) reported to IRS?

I recently have transferred shares of stocks from my taxable brokerage account to my adult kids’ taxable brokerage accounts. All accounts are within Vanguard, in case that is relevant. Are these transactions that will be reported to the IRS, either for the giver or receiver, by Vanguard? No. The gi...
by Duckie
Sat Aug 24, 2019 4:26 pm
Forum: Personal Investments
Topic: Roth IRA Contribution Can I make it?
Replies: 9
Views: 998

Re: Roth IRA Contribution Can I make it?

I am married and I am going to file jointly my tax return for next year. My current base salary is 178500 and I got 32000 as bonus. Can I contribute to a ROTH IRA up to 6000$ considering that I maximized my 401k so my adjusted income should be something like 178500+32000-19000= 191500 that it is be...
by Duckie
Fri Aug 23, 2019 5:00 pm
Forum: Personal Investments
Topic: need help with the bond portion at Fidelity
Replies: 6
Views: 663

Re: need help with the bond portion at Fidelity

sbiswas12 , welcome to the forum. I am trying to set up a 3 fund portfolio at Fidelity. Using FSKAX/FZROX for total stock, using FTIHX/FZILX for total international stock. FSKAX - Fidelity® Total Market Index FZROX - Fidelity ZERO Total Market Index FTIHX - Fidelity® Total International Index FZILX...
by Duckie
Fri Aug 23, 2019 4:30 pm
Forum: Personal Investments
Topic: Suggestions From TIAA and Checkup
Replies: 39
Views: 2636

Re: Suggestions From TIAA and Checkup

Below left of the bar are my current investments; below right of the bar are the suggested 403(b) and Savings and Investment Plan (inherited Spousal 403(b)) investments. Has the inherited spousal 403b been retitled into your name so it's treated completely as yours or are you keeping it as "inherit...
by Duckie
Fri Aug 23, 2019 4:10 pm
Forum: Personal Investments
Topic: Question on withdrawing/investing before/in recession
Replies: 15
Views: 1769

Re: Question on withdrawing/investing before/in recession

kaleyna wrote:I've held off on paying off the mortgage (currently gone up to 5.125%) as I had been earning more overall from the funds being in the market.
Does "currently gone up to 5.125%" mean you have an adjustable rate mortgage or that you've been refinancing and taking out equity?
by Duckie
Thu Aug 22, 2019 4:31 pm
Forum: Personal Investments
Topic: 401K bad investment choice...need help
Replies: 13
Views: 633

Re: 401K bad investment choice...need help

ajm1489 wrote:any books you would recommend for learning?
Books: recommendations and reviews
You can get many of these at the public library.
by Duckie
Wed Aug 21, 2019 6:11 pm
Forum: Personal Investments
Topic: New on Bogleheads and Seeking Portfolio Advice
Replies: 6
Views: 887

Re: New on Bogleheads and Seeking Portfolio Advice

Age: both 61 years old Desired Asset allocation: 60% stocks / 40% bonds Desired International allocation: 40% of stocks These are reasonable allocations. His Taxable Vanguard Wellesley is not a good choice for taxable. What is the cost basis for this fund? I'm wondering what the tax-hit would be to...
by Duckie
Wed Aug 21, 2019 4:43 pm
Forum: Personal Investments
Topic: Am I on the Right Track?
Replies: 13
Views: 1173

Re: Am I on the Right Track?

if you have access to total market, use it 100%. If you have only access to S&p500 and *extended* market, use those 80/20. It's best to do the math across your whole portfolio.... But it looks like you have access to Fidelity total market in your Roth IRA, so just use that. The problem with putting...
by Duckie
Tue Aug 20, 2019 6:48 pm
Forum: Personal Investments
Topic: Advice for asset allocation for IRA funds with 5 year withdrawal timeframe
Replies: 2
Views: 307

Re: Advice for asset allocation for IRA funds with 5 year withdrawal timeframe

Gelsomina , welcome to the forum. 1. FERS (pension): age 57-99, 51%-42% of ret inc 2. TSP (like a 401k): age 57-99, 32%-36% of ret inc 3. SRS (limited pension supplement): age 57-62, 18%-15% of ret inc 4. IRA: age 62-67, 30%-28% of ret inc 5. SS: age 67-99, 30%-24% of ret inc 6. Savings: 3 years’ w...
by Duckie
Tue Aug 20, 2019 5:53 pm
Forum: Personal Investments
Topic: Help getting out from under Northwestern and onto my own
Replies: 22
Views: 1714

Re: Help getting out from under Northwestern and onto my own

Desired Asset allocation: 90/10 or 95/5; I'm in full-on accumulation mode I'd start with 90/10 and slowly ramp up the bonds. Desired International allocation: Not too worried about this (maybe I should be?) Not everyone wants international. But Vanguard has found between 20% and 40% of stocks in in...
by Duckie
Tue Aug 20, 2019 5:11 pm
Forum: Personal Investments
Topic: Am I on the Right Track?
Replies: 13
Views: 1173

Re: Am I on the Right Track?

stt816 wrote:so say I have 10k into roth I should put 8k into s&p and 2k into total market?
No. To mimic the total US stock market you would put $8K into S&P 500 and $2K into Extended Market. But that's not necessary until your Roth IRA value gets a lot higher, closer to $50K. Until then just stick with S&P 500.
by Duckie
Sun Aug 18, 2019 4:18 pm
Forum: Personal Investments
Topic: Taxable brokerage accounts
Replies: 13
Views: 2022

Re: Taxable brokerage accounts

fdrm2019 wrote:We have maxed out our 401K and 453b accounts.
Is that 453b supposed to be 403b or 457b?
by Duckie
Sat Aug 17, 2019 5:36 pm
Forum: Personal Investments
Topic: Portfolio check and some other questions
Replies: 11
Views: 1041

Re: Portfolio check and some other questions

Debt Student Loans - $6,000 @ 2.83% Pay this off. I recently got a free Investment Plan through Vanguard PAS, and we agreed to use a 95/5 asset allocation: Vanguard PAS Investment Plan: https://i.imgur.com/ZE7nQSf.png He's investing in quite a few more funds than I would - is this complexity any be...
by Duckie
Fri Aug 16, 2019 6:08 pm
Forum: Personal Consumer Issues
Topic: Kindergarten lunches
Replies: 59
Views: 4342

Re: Kindergarten lunches

I thought kindergarten was only for half a day. Is it for a whole day now?
by Duckie
Fri Aug 16, 2019 5:46 pm
Forum: Personal Investments
Topic: Merril Lynch 401k option help
Replies: 3
Views: 255

Re: Merril Lynch 401k option help

I have a Merrill Lynch 401k through my employer, and wondering if anyone can provide some advice on how to set up my investments with what I am offered. The best options (as already mentioned) are: ISHARES S&P 500 INDEX (0.03%) -- Large caps, 80% of US stocks VANGUARD EXTENDED MKT INDEX (0.07%) -- ...
by Duckie
Fri Aug 16, 2019 5:38 pm
Forum: Personal Investments
Topic: Ok it’s time for, My Portfolio review
Replies: 12
Views: 1347

Re: Ok it’s time for, My Portfolio review

Do I understand correctly that I should fill up my AA allotment of bonds first into my Traditional and inherited IRA and if I have any allotment left, I place that into Roth or is there a better method. You have an AA of 40% bonds but only 22% space in pre-tax IRAs and only 6% space in a Roth IRA s...
by Duckie
Wed Aug 14, 2019 5:05 pm
Forum: Personal Investments
Topic: TIAA Retirement Planning
Replies: 13
Views: 830

Re: TIAA Retirement Planning

Through TIAA I have access to the Vanguard Total Stock Market Index Fund. However, I am trying to figure out how to do the rest of my three-fund portfolio. For the international component, would the Vanguard Developed Markets Index Fund Admiral (VTMGX) be a good replacement? Yes. It cover roughly 8...