Search found 463 matches

by PhysicianOnFIRE
Sat Jan 30, 2016 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement - Ten key years + Summary
Replies: 68
Views: 21531

Re: Retirement - Ten key years

2 things I haven't seen mentioned:

1. The benefit of remaining in the 15% federal tax bracket to avoid taxes on LTCG and qualified dividends, and strategies used to achieve this.

2. Planning psychologically for retirement. The whole Retire To something idea. Develop hobbies, have a plan, etc...
by PhysicianOnFIRE
Tue Jan 26, 2016 8:04 am
Forum: Personal Consumer Issues
Topic: Is Nitrogen better than air?
Replies: 86
Views: 12670

Re: Is Nitrogen better than air?

I use a special proprietary blend: 78% Nitrogen 21% Oxygen 1% Argon And tiny amounts of Carbon Dioxide & some other secret ingredients. It's very expensive to buy & mix all the ingredients, but it's totally worth it. Breathing your specialty proprietary blend is much more likely to sustain life com...
by PhysicianOnFIRE
Mon Jan 25, 2016 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: SEP IRA for s corp question
Replies: 10
Views: 1328

Re: SEP IRA for s corp question

I'm no expert, but I was in this situation as an independent contractor for a number of years. The SEP-IRA was in my name.
by PhysicianOnFIRE
Mon Jan 25, 2016 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: the how long will my assets have to last question.
Replies: 1
Views: 649

Re: the how long will my assets have to last question.

I took the 40-question longevity survey. Gives you an estimate based on many factors. I've got a good possibility of living a very a long time, and I plan accordingly.
https://www.livingto100.com/
by PhysicianOnFIRE
Mon Jan 25, 2016 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Did the bears eat my retirement? - Sequence of Returns Risk
Replies: 70
Views: 8589

Re: Did the bears eat my retirement? - Sequence of Returns Risk

Quite a few people worked a couple extra years when their initial plan was to retire in 2008. Saving cash seems like a good plan. If you retire with plenty of cash on hand, you may not have to draw from retirement accounts until the market has rebounded. Try to get some return on that cash, though. ...
by PhysicianOnFIRE
Tue Jan 19, 2016 11:11 am
Forum: Personal Investments
Topic: Tax Loss Harvesting
Replies: 15
Views: 1326

Re: Tax Loss Harvesting

Your plan seems sound to me. One change I would make going forward is changing to Specific ID. Some of your lots may have gains. Selling those lots will reduce your tax loss harvested. It is simple when using SpecID to sell only the red numbers and keep the green numbers. Another advantage of SpecID...
by PhysicianOnFIRE
Tue Jan 19, 2016 10:21 am
Forum: Personal Investments
Topic: Exchange international stock ETF for tax loss harvesting
Replies: 4
Views: 470

Re: Exchange international stock ETF for tax loss harvesting

Go for it. Similar market exposure with the swap, but I think it's fair to say the new fund is not substantially identical to the 2 you would be selling. I did something similar, selling from Developed Markets into 2 funds (European and developed Asian) when they dropped last fall, then back into De...
by PhysicianOnFIRE
Mon Jan 18, 2016 10:22 pm
Forum: Personal Investments
Topic: Portfolio Advice
Replies: 12
Views: 1161

Re: Portfolio Advice

By tax loss harvesting, I'll save over $1000 in income taxes every year. I've got enough carryover losses to offset some capital gains in retirement as well. It's worthwhile for me. I agree, it can save money on taxes. But it's not free money, you're shifting the tax liability to the future. And th...
by PhysicianOnFIRE
Mon Jan 18, 2016 9:04 pm
Forum: Personal Investments
Topic: Portfolio Advice
Replies: 12
Views: 1161

Re: Portfolio Advice

2. Your monthly taxable investments should go to one fund only. You will be better able to take advantage of tax loss harvesting https://www.bogleheads.org/wiki/Tax_loss_harvesting if you do. Along those lines, turn off the auto-reinvestment of dividends. Have them sent to a checking account and de...
by PhysicianOnFIRE
Mon Jan 18, 2016 8:53 pm
Forum: Personal Investments
Topic: Portfolio Advice
Replies: 12
Views: 1161

Re: Portfolio Advice

Hey PhysicianOnFIRE - thanks for the responses! Few more questions/answers/comments based on what you brought up. 2. Your monthly taxable investments should go to one fund only. You will be better able to take advantage of tax loss harvesting https://www.bogleheads.org/wiki/Tax_loss_harvesting if y...
by PhysicianOnFIRE
Mon Jan 18, 2016 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: 15yr or 30yr
Replies: 5
Views: 1039

Re: Advice: 15yr or 30yr

1. A rule of thumb I recall is to refinance if you can save 1% on the rate. With $5000 in closing costs, I wouldn't consider to save less than 0.4%. I would think you could find lower closing costs if you shop around, though. 2. The 30-year is a higher interest rate and will lock you into much highe...
by PhysicianOnFIRE
Mon Jan 18, 2016 2:13 pm
Forum: Personal Investments
Topic: Portfolio Advice
Replies: 12
Views: 1161

Re: Portfolio Advice

My advice: 1. Drop the Target Date fund. You've got a desired asset allocation and holding stock funds, bond funds, and mixed funds can make that calculation unnecessarily complicated. 2. Your monthly taxable investments should go to one fund only. You will be better able to take advantage of tax lo...
by PhysicianOnFIRE
Mon Jan 18, 2016 1:52 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 935
Views: 176572

Re: Boglehead Beer

My boglehead beers are those that I brewed myself (low cost after the initial investment) and beers that age well that end up in the clearance aisle. I love it when an imperial porter is dropped to half price because it's been on the shelves a few months. An Oktoberfest doesn't spoil the moment the ...