Search found 5135 matches

by Duckie
Fri Dec 15, 2017 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: Request for Portfolio Review/Advice
Replies: 2
Views: 215

Re: Request for Portfolio Review/Advice

OakPark , welcome to the forum. Age: 40 (spouse 41) Desired Asset allocation: 60% stocks / 40% bonds Conservative but reasonable. Desired International allocation: 40% int'l stocks, 30% int'l bonds I'd skip the international bonds. My 403(b) Does your current 403b have decent options? List the fund...
by Duckie
Fri Dec 15, 2017 6:20 pm
Forum: Investing - Theory, News & General
Topic: Backdoor process clarification
Replies: 8
Views: 782

Re: Backdoor process clarification

If i make a contribution this year by Dec 29th, and i don't convert it, and then make another contribution Jan 1, 2018. I can convert both of those transactions to roth next year? so the total $11K could be converted? Yes. When you file your taxes for 2017 you add Form 8606 and fill out Part I for ...
by Duckie
Fri Dec 15, 2017 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Creating Portfolio with Company Offering for 401k.
Replies: 10
Views: 563

Re: Help with Creating Portfolio with Company Offering for 401k.

I'm really thinking about putting everything in the S&P fund. Anyone thinks I should do otherwise? State Street Moderate has an AA of 45/10/45. State Street Aggressive has an AA of 70/15/15. Your Roth IRAs have an AA of 48/31/21. If you want an 80/20 AA in the 401k then you could contribute 20% to ...
by Duckie
Fri Dec 15, 2017 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with Trust Investments
Replies: 3
Views: 265

Re: Need Help with Trust Investments

What would you suggest to do with the 115k in the taxable brokerage given all of this? After deducting the $30K for the future house down-payment and $8K for the Roth contributions, that leaves $77K in taxable plus $11K in the Roth IRA and ~$2K in the 403b. At age 25 I recommend a retirement AA of ...
by Duckie
Thu Dec 14, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Creating Portfolio with Company Offering for 401k.
Replies: 10
Views: 563

Re: Help with Creating Portfolio with Company Offering for 401k.

What would you suggest picking out of these funds, maybe to mirror a 3-fund portfolio? I have some questions: What are the plan expense ratios for the funds? What is the Stable Value fund paying? What other retirement plans do you and your wife have? IRAs? Taxable earmarked for retirement? How old ...
by Duckie
Thu Dec 14, 2017 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review for 31 year old
Replies: 2
Views: 458

Re: Portfolio Review for 31 year old

Income: $125,000 + 10-15% bonus At that income you're almost above the income limits for direct Roth IRA contributions. Are you familiar with the Backdoor Roth IRA method? Desired International Allocation: I don't have a strong opinion here. Open to suggestions Vanguard has found between 20% and 40...
by Duckie
Thu Dec 14, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Help trying to simplify asset allocation to fit 3 fund portfolio
Replies: 12
Views: 973

Re: Help trying to simplify asset allocation to fit 3 fund portfolio

I'll focus more on domestic stocks then. Does that mean you'll reduce your international stock AA from 50% of stocks to something else? If so, what? Her HSA options that have remotely low ERs are - BDOKX (Total International Index Fund) - .14% NMSCX (Small Cap Index Fund) - .20% NMPAX (Mid Cap Inde...
by Duckie
Wed Dec 13, 2017 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: seeking financial advice
Replies: 16
Views: 1050

Re: seeking financial advice

Gr819406 , welcome to the forum. My investment philosophy is low fees index funds, but for whatever reason the past year I have really been worried about a market crash of 30+% as I have not really lived thru one personally when I had investable money. In that case you might want more bonds in your...
by Duckie
Wed Dec 13, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with Trust Investments
Replies: 3
Views: 265

Re: Need Help with Trust Investments

kw79383 , welcome to the forum. My plan so far is this: take about 20k and use it to max out my 2017 and 2018 Roth IRA (about 8k). Then I thought I would put the remaining amount in a Vanguard LifeStrategy Fund (either moderate growth or growth). What is the purpose of the ~$12K in taxable? If for ...
by Duckie
Wed Dec 13, 2017 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: IRAs in wrong bucket - how do I fix it?
Replies: 4
Views: 471

Re: IRAs in wrong bucket - how do I fix it?

laurie70 , welcome to the forum. I have never moved my funds so not sure how to do this in Vanguard. Do you sell and then buy? So your S.O. has two rollover IRAs at Vanguard, one pre-tax and one Roth? The current funds will probably have to be sold and then the new funds can be bought. I don't thin...
by Duckie
Wed Dec 13, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help trying to simplify asset allocation to fit 3 fund portfolio
Replies: 12
Views: 973

Re: Help trying to simplify asset allocation to fit 3 fund portfolio

Why do you recommend 56/24/20 for US/International over 40/40/20? Is it more advisable to favor US Markets over International? 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 usually split the difference an...
by Duckie
Tue Dec 12, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help trying to simplify asset allocation to fit 3 fund portfolio
Replies: 12
Views: 973

Re: Help trying to simplify asset allocation to fit 3 fund portfolio

my only concern is that it seems like it doesn't take into account the lack of options in His 401k (TSP funds only) - or are there equivalent TSP funds for Total Bond, International and TSM? Would that be the F, I and C funds? C Fund -- Large caps, 80% of US stocks -- VFIAX equivalent S Fund -- Mid...
by Duckie
Mon Dec 11, 2017 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Choose IRA Rollover Provider - investment options
Replies: 5
Views: 300

Re: Choose IRA Rollover Provider - investment options

sirdeeker , welcome to the forum. My question is how can I determine what funds are available to me to invest in if I were to use either T-Rowe Price, Fidelity, Vanguard, Schwab, E-trade, etc.? You go to the company website and type in the ticker symbol of the funds you're interested in. You should...
by Duckie
Mon Dec 11, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Use HSA money now for high medical expenses?
Replies: 8
Views: 927

Re: Use HSA money now for high medical expenses?

Eyedoc76, welcome to the forum.
Eyedoc76 wrote:So the question is would it be smarter to continue our contributions to our IRA's and use HSA money now? Or max our HSA for my wife and I in our retirement years over our IRA's?
Given your situation I would max the IRAs and spend the HSA money now.
by Duckie
Mon Dec 11, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?
Replies: 23
Views: 1255

Re: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?

And why do you have Total Bond in taxable? I only have taxable. No non-taxable. But why do you have Total Bond when you could have a tax-exempt muni fund? Either the balances on the two funds remain the same at this point or increase. But I wouldn't sell them. thoughts? I would not add to the balan...
by Duckie
Mon Dec 11, 2017 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Bond options - What would you do?
Replies: 6
Views: 711

Re: Bond options - What would you do?

tx_hombre wrote:Regarding the tIRA -- We only opened that due to an excess contribution. Had never hit me to convert this back to a Roth. I guess there would be no issue with that, even thought it was a re-characterization?
There is no issue. She can convert without a problem.
by Duckie
Sun Dec 10, 2017 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?
Replies: 23
Views: 1255

Re: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?

1. For Wellesley Income Fund, do I "check" automatic reinvest dividends and interest? 2. For Balanced Index Fund, do I "check" automatic reinvest dividends and interest? No and no. You are keeping them "for now" which to me means you are thinking about selling them. In that case, why buy more? Have...
by Duckie
Sat Dec 09, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth Question
Replies: 4
Views: 627

Re: Back Door Roth Question

Do I need to move that .18 cents in interest over to my Roth as well? You don't need to but you might as well convert it. When filing for 2017, I will have to report all 3 of these conversions from this year. How do I reconcile or showcase my carry over basis when it actually reduced because I lost...
by Duckie
Sat Dec 09, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Have been sitting out, and ready to invest the Bogle way
Replies: 18
Views: 2291

Re: Have been sitting out, and ready to invest the Bogle way

The stable value fund in the 401k plan has lower return and higher expense ratio. My guess is I should not use this as my bond AA, but use US Debt Index in the plan instead. sounds right? Since the stable value fund has a 2% interest rate I would definitely use the US Debt Index fund for fixed inco...
by Duckie
Fri Dec 08, 2017 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: A new boglehead with questions
Replies: 6
Views: 592

Re: A new boglehead with questions

Vizun , welcome to the forum. So again my main question is should I sell the American mutual funds and dollar cost average into International equities, or just do it all at once? Since you don't pay taxes when switching in Roth IRA accounts and since you already had the money in the market, just do...
by Duckie
Fri Dec 08, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Bond options - What would you do?
Replies: 6
Views: 711

Re: Bond options - What would you do?

tx_hombre wrote:Her Traditional IRA at Vanguard
$1,700 VTSAX — We only have this as a result of excess contribution to her Roth in 2015
Why doesn't she convert this?
How would you move forward with bonds?
Put all the bond AA in his Rollover IRA.
by Duckie
Fri Dec 08, 2017 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Have been sitting out, and ready to invest the Bogle way
Replies: 18
Views: 2291

Re: Have been sitting out, and ready to invest the Bogle way

Age: me 45, husband 49 Desired Asset allocation: looking for suggestions; maybe 70 stock/20 bond / 10 cash. Please see specific questions about bond at the end. I would like to be a little more aggressive than the typical 60/40 mix or 50/50 mix for our age. Desired International allocation: looking...
by Duckie
Thu Dec 07, 2017 5:58 pm
Forum: Investing - Theory, News & General
Topic: Back door ROTH eligibility
Replies: 11
Views: 815

Re: Back door ROTH eligibility

I understand it’s primarily for those who don’t qualify because they exceed the income limit. The backdoor method is specifically for people who exceed the income limit. There's no point otherwise. If you don't exceed the limit you can still convert, but it's not considered a "backdoor Roth", it's ...
by Duckie
Thu Dec 07, 2017 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: 112K pension- need help w/the rest
Replies: 26
Views: 2400

Re: 112K pension- need help w/the rest

I am considering either the fidelity four in one index FFNOX or simply using a combination of 60% total stock index 25% total international index 15% total bond index. I tend to be a set it and forget type of person so I am heavily leaning towards the FFNOX route. If this is too risky, is there an ...
by Duckie
Wed Dec 06, 2017 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Best financial/Investing book in your opinion to read
Replies: 7
Views: 823

Re: Best financial/Investing book in your opinion to read

Wezzley77, welcome to the forum.
Wezzley77 wrote:Id like to know what books you have read or suggest for investing or money management or both.
Books: recommendations and reviews
by Duckie
Wed Dec 06, 2017 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: 112K pension- need help w/the rest
Replies: 26
Views: 2400

Re: 112K pension- need help w/the rest

I'll treat the annual pension payout I am currently receiving ($112k) as a safe bond type portfolio. I disagree with this. Some people think of a pension as a bond which means they feel they can take more risks and therefore hold fewer actual bonds. Some think of it as a reliable income stream whic...
by Duckie
Wed Dec 06, 2017 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Questions Regarding Back Door Roth IRA With Existing Accounts
Replies: 4
Views: 367

Re: Questinons Regarding Back Door Roth IRA With Exisisting Accounts

If we can get the money into a 401k by 12/31 from the previous trad ira roll over can we still do the back door roth? If it gets pushed into 2018 what does that mean? If you can't get the rollover IRA moved then you wait until 2018 to convert. It's not a big deal. The money that is already in the R...
by Duckie
Tue Dec 05, 2017 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Need help choosing bond funds in my wife's 401k
Replies: 6
Views: 416

Re: Need help choosing bond funds in my wife's 401k

So we were re-balancing our 401ks (going to 20% bonds from 10%), but my wife's bond options aren't the best (i.e. lack index funds) and I'm not sure how to proceed. Are your 401k bond options better? You could put the bond AA in your 401k instead of in hers. PIMCO Total Return Fund Institutional Cl...
by Duckie
Tue Dec 05, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) Rollover to Vanguard from Current Employer
Replies: 6
Views: 503

Re: 403(b) Rollover to Vanguard from Current Employer

The funds they have her invested in are as follows: Does this mean she doesn't choose which funds to invest in, they choose for everyone? Are there any other options or is this it? If she has a choice of what to invest in she should choose CREF Stock for US stocks and TIAA Traditional for fixed inc...
by Duckie
Mon Dec 04, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Brokerage for Foreigners (Outside USA) to Buy USA Equities
Replies: 2
Views: 191

Re: Brokerage for Foreigners (Outside USA) to Buy USA Equities

RunPacoRun , welcome to the forum. Can anyone recommend any brokerages (based anywhere) that'll allow non-USA residents and non-USA citizens to buy USA equities? Leaving aside the issue of having your relatives copy your AA, Interactive Brokers has many Vanguard Irish-domiciled ETFs, which means fo...
by Duckie
Mon Dec 04, 2017 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity FIAM investments
Replies: 2
Views: 306

Re: Fidelity FIAM investments

swenson19 , welcome to the forum. What is the best investment to weather stormy seas? Without knowing the plan expense ratios, the best options in the 401k appear to be: NT S&P 500 INDEX -- Large caps, 80% of US stocks NT EXT EQ MKT IDX -- Mid/small caps, 20% of US stocks NT MSCI ACWI IDX NL -- Alm...
by Duckie
Mon Dec 04, 2017 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Adjusting ROTH IRA contribution because of severance
Replies: 8
Views: 861

Re: Adjusting ROTH IRA contribution because of severance

[Post removed by admin LadyGeek]
The H.R.1 - Tax Cuts and Jobs Act passed the House and passed the Senate [OT comments removed by admin LadyGeek]
by Duckie
Sun Dec 03, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401k roll-over prior to moving to much higher tax bracket
Replies: 3
Views: 217

Re: Help with 401k roll-over prior to moving to much higher tax bracket

jeff622859 , welcome to the forum. I have a 401k (~$19,000) that i would like to roll-over to a Roth IRA: 1. can i roll the entire $19,000 this year? Since the 401k is from a former employer, yes. 2. if i do, can i still in addition contribute my usual yearly $5,500 into my other Roth IRA? Yes. A r...
by Duckie
Sun Dec 03, 2017 6:39 pm
Forum: Personal Consumer Issues
Topic: Suggested reading for Norwegian coast trip
Replies: 18
Views: 1029

Re: Suggested reading for Norwegian coast trip

ResearchMed wrote:Are there any recommendations of light reading in English?
Mysteries are especially welcomed.
Top 10 Nordic Noir Novels of 2016 has of couple of Norwegian mysteries.

Norwegian Mystery series
by Duckie
Fri Dec 01, 2017 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA - uh oh
Replies: 18
Views: 2267

Re: Backdoor Roth IRA - uh oh

How can I calculate if we should have done a Backdoor Roth IRA contribution? (Gross HH Income) - (401k contributions) - (Taxes) = AGI? ($257,000) - ($36,000) - (Unknown) = AGI? Is that right? No. Taxes are after the AGI, not before. You're above the limit. If I did contribute to the Roth IRA and sh...
by Duckie
Fri Dec 01, 2017 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: ETRADE - Northern Stock Index - FEES
Replies: 5
Views: 404

Re: ETRADE - Northern Stock Index - FEES

I don't think ETRADE has a no fee 3 fund portfolio option anymore. I'm looking to get out of ETRADE, where do you suggest I go to find good low-cost funds? I know that a lot of you use Vanguard, but are there other options that are perhaps better or just as competitive? Vanguard sells Vanguard fund...
by Duckie
Fri Dec 01, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio rebalancing
Replies: 5
Views: 517

Re: Help with portfolio rebalancing

socguy , welcome to the forum. Funds available in 401(k) The best options are: U.S. Large Cap Stock (ER 0.05%) Core Bond Fund (ER 0.10%) or one of the LifeCycle funds Since you have a taxable account for retirement I would not use a LifeCycle fund in the 401k or any balanced fund in the IRAs. Shoul...
by Duckie
Fri Dec 01, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice/evaluation
Replies: 3
Views: 376

Re: Portfolio advice/evaluation

Funds available in 401(k) The best options are: ISHARES S&P 500 INDEX (BSPIX) (0.11%) -- Large caps, 80% of US stocks ISHARES RUSSELL 2000 (MASKX) (0.20%) -- Small caps, 15% of US stocks ISHARES MSCI EAFE INTRNL (MAIIX) (0.15%) -- Developed markets, 75% of international stocks VOYA INTERMEDIATE BON...
by Duckie
Fri Dec 01, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401(k), SEP IRA, Traditional IRA in same year
Replies: 2
Views: 178

Re: Solo 401(k), SEP IRA, Traditional IRA in same year

Assuming you had infinite funds in savings, would it be possible to (i) max your 403(b) at work ($18,000), Yes. (ii) max a traditional IRA ($5,500), Yes. (iii) max a solo 401(k) employER contribution and (iv) max a SEP IRA contribution (employER? does this work like a solo 401(k)?)? You can't contr...
by Duckie
Thu Nov 30, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Target date to 3 Fund Conversion
Replies: 5
Views: 340

Re: 401k Target date to 3 Fund Conversion

Maybe a 5 Fund portfolio? 30% VANG 500 INDEX ADM (VFIAX) 15% VANG MIDCAP IDX ADM (VIMAX) 15% VANG SM CAP IDX ADM (VSMAX) 30% VANG DEV MKT IDX ADM (VTMGX) 10% VANG INTM BD IDX ADM (VBILX) 500 Index is about 80% of US stocks, Mid cap is about 6%, and Small cap around 14%. Since your US stock AA is 60...
by Duckie
Wed Nov 29, 2017 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Moved But Which State to File In?
Replies: 6
Views: 468

Re: Moved But Which State to File In?

What are the rules? In New Hampshire you file the regular return as a part-year resident and will pay taxes on a pro-rated share of interest/dividends (see here ). In Oregon you file a Part-year resident return OR-40-P (see here for 2016 forms and instructions). You will pay taxes on a pro-rated sh...
by Duckie
Tue Nov 28, 2017 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: How to minimize trade fees within individual 401k?
Replies: 5
Views: 315

Re: How to minimize trade fees within individual 401k?

EMCC , welcome to the forum. I am about to open my first individual 401k and plan to use a 4 -5 index fund portfolio, ideally with vanguard ETFs. <snip> Is there another way to minimize monthly trading fees? You could open the solo 401k at Vanguard and use Vanguard index funds or you could open it ...
by Duckie
Tue Nov 28, 2017 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Possibilities after Roth and 401k max
Replies: 9
Views: 1325

Re: Possibilities after Roth and 401k max

I'm planning to move my 401k funds from an old employer over to Vanguard. Will your current 401k take incoming rollovers? Vanguard Roth IRA VBMFX Vanguard Total Bond Market Index Fund Investor Shares (0.15%) Generally it's better to put assets with lower expected growth (bonds) in pre-tax accounts ...
by Duckie
Mon Nov 27, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring in a few months (70 and 68 year old)
Replies: 10
Views: 1316

Re: Retiring in a few months (70 and 68 year old)

They would not be able to tell you a numerical asset allocation, though, so I am curious how would you split up their cash and IRA accounts if you were their age and in their position? Since your parents are risk-averse, at their ages I recommend an AA of 40% stocks, 60% bonds, with 30% of stocks i...
by Duckie
Mon Nov 27, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Expecting high income in 2018 ($1m+) looking for advice
Replies: 16
Views: 3160

Re: Expecting high income in 2018 ($1m+) looking for advice

2017: $54,000 contributed - $30,000 employer contribution (tax deferred) - $24,000 personal contribution (after tax) converted to roth via backdoor conversion. How were you able to contribute 24K as EmployEE since you are in 30s age group? There are three possible ways to contribute as an employEE:...
by Duckie
Sun Nov 26, 2017 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: A little money - Less investing knowledge - Help please!
Replies: 7
Views: 693

Re: A little money - Less investing knowledge - Help please!

I'm Single and lucky to be in good health with no medical issues and on no medications. I hope to retire modestly in 7 years. Are you over age 50? I have a savings account: $106,925.00 That's a lot of cash. What's your plan for this? I'm planning to call Fidelity about using a portion of my savings...
by Duckie
Sat Nov 25, 2017 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Unfortunately I learned to save late in life, help me choose optimal 401(K) funds, can't believe I'm turning 40 yrs old
Replies: 10
Views: 1531

Re: Unfortunately I learned to save late in life, help me choose optimal 401(K) funds, can't believe I'm turning 40 yrs

Current Employer 401(k) and Roth 401(k) Fund Choices: The best options are: Vanguard Total Stock Market Index Admiral (VTSAX)(.05%) -- Complete US stocks Vanguard Total Bond Market Index Admiral (VBTLX)(.05%) -- US bonds Emergency Funds: $0 (I am working on this.) Work harder. Stop contributing to ...
by Duckie
Thu Nov 23, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Youngin' looking for help.
Replies: 11
Views: 916

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: 916

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: 49
Views: 2996

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 ...