Search found 2416 matches

by #Cruncher
Sat Jun 17, 2017 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Second to Die Policy
Replies: 19
Views: 1839

Re: Help with Second to Die Policy

Which is the better estimate of probable return? Since the actuarial approach is a more precise reflection of reality [than the expected lifetime approximation], it's a generally more accurate one to use (particularly for an insurer, whose customers will "average" out to well-selected probability t...
by #Cruncher
Fri Jun 16, 2017 10:30 am
Forum: Investing - Theory, News & General
Topic: Treasury Notes Return vs Actual TIPS Return
Replies: 10
Views: 2767

Re: Treasury Notes Return vs Actual TIPS Return

I've updated my comparisons to include TIPS maturing in 2017. These are the 5-year TIPS issued in 2012 and the 10-year TIPS issued in 2007. For all of them one would have done better with nominal Treasuries. In fact a purchaser at two of the three 5-year auctions, earned a negative return in nominal...
by #Cruncher
Fri Jun 16, 2017 12:51 am
Forum: Investing - Theory, News & General
Topic: 30 yr TIPS auction 6/22: yield 1.0%?
Replies: 37
Views: 4293

Re: 30 yr TIPS auction 6/22: yield 1.0%?

ok but once the auction has been announced aren't the exact values for accrued interest and indexed principal known? Actually they were knowable well before that. So, we know the coupon is .875%. That said, I believe that both the accrued interest and the purchase discount will be based upon the au...
by #Cruncher
Thu Jun 15, 2017 7:22 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPS auction 6/22: yield 1.0%?
Replies: 37
Views: 4293

Re: 30 yr TIPS auction 6/22: yield 1.0%?

According to fidelity, indexed principal is now at $1,011.48 and accrued interest is $2.958. Those are the values on 6/16/2017. But the relevant figures are the ones on 6/30/2017, the date the TIPS will be issued. The index ratio on that date is 1.01287 and the adjusted accrued interest is $3.30512...
by #Cruncher
Wed Jun 14, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Second to Die Policy
Replies: 19
Views: 1839

Re: Help with Second to Die Policy

I'd appreciate comments about an issue that concerns me: I get significantly different estimates of the return from this policy depending on which of two methods I use. Both are based on the same mortality table, the SSA 2013 Period Life Table . Calculating the return using the 21.51 year joint life...
by #Cruncher
Tue Jun 13, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: [Help with asset allocation - TIPS and Corporate bonds]
Replies: 3
Views: 537

Re: [Help with asset allocation - TIPS and Corporate bonds]

- TIPS ; VIPSX/FINPX; 4.5% allocation; US Govt (AAA); 5-10 years maturity I'd consider replacing both of these with Fidelity's Fidelity® Inflation-Protected Bond Index Fund - Premium Class (FSIYX) . All three hold the same broad spectrum of TIPS maturing in over one year. But FSIYX has an expense r...
by #Cruncher
Tue Jun 13, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Help with Second to Die Policy
Replies: 19
Views: 1839

Re: Help with Second to Die Policy

Yes, both must pass away before the policy pays out the death benefit. That's what I was assuming in my first post . My thoughts exactly re:odds in favor of the insurance company (that's what they do after all). Maybe a lot of policy holders stop paying premiums before collecting the death benefit....
by #Cruncher
Mon Jun 12, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Second to Die Policy
Replies: 19
Views: 1839

Re: Help with Second to Die Policy

... dad 72 y/o, mom 66 y/o ... $250,000 second to die life insurance policy ... $3825 annual premium Would someone please explain to me how a policy like this works. As a life insurance novice I'm supposing that, for example if in year 10 the 2nd parent dies, the heirs would collect $250,000; meanw...
by #Cruncher
Mon Jun 12, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: couple questions about SSA (67 vs 70) and breakeven points
Replies: 20
Views: 2061

Re: couple questions about SSA (67 vs 70) and breakeven points

... Col A Col B Col C Col D -- Breakeven -- Row Age % PIA Years Age --- --- ------- ------ ------ 5 62 70.000 6 67 100.000 11.667 78.667 7 70 124.000 12.500 82.500 ... I think the problem with this approach is it ignores the time value of money. It just totals up how much one has received by a cert...
by #Cruncher
Sun Jun 11, 2017 8:03 pm
Forum: Investing - Theory, News & General
Topic: [Wiki] - Percentage Gain and Loss (for new investors)
Replies: 115
Views: 8012

Re: [Wiki] - Percentage Gain and Loss (for new investors)

Could you please point out what, exactly, should be fixed? ... The graph is the same as the example ... No, the graph and the example aren't the same in the use of the term "Initial Value". Here is the graph: https://www.bogleheads.org/w/images/f/fa/Percentage_gain_and_loss.png Now here is the exam...
by #Cruncher
Sun Jun 11, 2017 6:41 am
Forum: Personal Finance (Not Investing)
Topic: couple questions about SSA (67 vs 70) and breakeven points
Replies: 20
Views: 2061

Re: couple questions about SSA (67 vs 70) and breakeven points

I did a quick excel using the amounts above starting at those ages and just adjusted 3% COLA each year based on the starting amounts. ... I come up with the break even point of 82 for starting at 67 (rather than 62) ... There is no need to adjust SS benefits for estimated Cost of Living Adjustments...
by #Cruncher
Sat Jun 10, 2017 7:47 am
Forum: Personal Finance (Not Investing)
Topic: When is Municipal Bond Interest NOT "Tax-free"...
Replies: 15
Views: 1713

Re: When is Municipal Bond Interest NOT "Tax-free"...

It is like traveling across the country and not being able to avoid 500 miles of toll road somewhere in the middle. Excellent metaphor, Nisi! Just be aware that the length of the "toll road" (extent of the hump) will depend on the amount of Social Security benefits -- as shown in the following two ...
by #Cruncher
Fri Jun 09, 2017 7:36 am
Forum: Personal Finance (Not Investing)
Topic: When is Municipal Bond Interest NOT "Tax-free"...
Replies: 15
Views: 1713

Re: When is Municipal Bond Interest NOT "Tax-free"...

(2) 15% federal bracket: municipal bond interest marginal tax rates can be 12.5% (3) 25% federal bracket: municipal bond interest marginal tax rates can be 21.25% To be picky, the 12.5% should be 12.75% (15% X 85%). But, more significantly, if one has long term capital gains (LTCG) or Qualified Div...
by #Cruncher
Thu Jun 08, 2017 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Should equals take SS at FRA or Early to preserve portfolio?
Replies: 30
Views: 3098

Re: Should equals take SS at FRA or Early to preserve portfolio?

... would it be better to take our benefits at FRA [Full Retirement Age] or even a couple years early ... ? I think it's pretty clear that at least one of you should delay claiming benefits until age 70. Assuming that, I estimated the probable overall value if the other one begins benefits at any o...
by #Cruncher
Thu Jun 08, 2017 4:33 pm
Forum: Investing - Theory, News & General
Topic: I pay off my 3% loan. Is my return 3%?
Replies: 36
Views: 4429

Re: I pay off my 3% loan. Is my return 3%?

It's easier to view the loan as a series of payments. I wouldn't say it's easier; but it is certainly another valid way of looking at the issue. However, it may be clearer if the calculation of additional amounts to prepay is done on the basis of monthly compounding as is done in computing the $965...
by #Cruncher
Tue Jun 06, 2017 11:09 am
Forum: Investing - Theory, News & General
Topic: I pay off my 3% loan. Is my return 3%?
Replies: 36
Views: 4429

Re: I pay off my 3% loan. Is my return 3%?

Yes, the return one earns from paying down a loan does equal the interest rate on the loan. This is true over any time period one chooses and results from one or both of the following: Reduction in monthly payment Reduction in future loan balance To illustrate this, let's assume a $60,000 loan with ...
by #Cruncher
Mon Jun 05, 2017 9:50 am
Forum: Investing - Theory, News & General
Topic: [Wiki] - Percentage Gain and Loss (for new investors)
Replies: 115
Views: 8012

Re: [Wiki] - Percentage Gain and Loss (for new investors)

Investors can lose sight of the fact that percentages, which is a ratio, is not the same as working with the actual dollar value. The Wiki article is correct. But it may create the false impression that what it describes refers specifically to investing and that it results from expressing changes i...
by #Cruncher
Sat Jun 03, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Lump Sum or Annuity
Replies: 8
Views: 1033

Re: Lump Sum or Annuity

E.g., for 30 years of a $525/mo withdrawal, starting in 4 years, the return on the lump sum would have to average ~5.4%/yr for the next 34 years. Yes, that's the return I get too. [1] But living to age 95 is optimistic. Based on the SSA 2013 Period Life Table , only 7% of males and 13% of females a...
by #Cruncher
Sat Jun 03, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a way on earth to reduce SS taxes?
Replies: 54
Views: 5378

Re: Is there a way on earth to reduce SS taxes?

What is the SS % return on the second bend ? I'm not sure if this is what you're asking, deltaneutral83, but in my post above , I estimate the 2nd bend point return as 4.4%, 5.0%, and 7.3% for a single male, single female, and couple respectively. Here is the first table from that post with two col...
by #Cruncher
Sat Jun 03, 2017 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Is there a way on earth to reduce SS taxes?
Replies: 54
Views: 5378

Re: Is there a way on earth to reduce SS taxes?

Why would you want to [not pay SS taxes] until you pass at least the first bend point? Or, the second bend point. It is one of the best investment option available. I estimated the return on SS taxes paid for three Average Indexed Monthly Earnings (AIME): An amount equivalent (after indexing) to th...
by #Cruncher
Fri Jun 02, 2017 7:20 am
Forum: Investing - Help with Personal Investments
Topic: Lump Sum Vs. Annuity?
Replies: 13
Views: 2083

Re: Lump Sum Vs. Annuity?

My numbers if I retire at 62 are $4740 a month for the pension and $903,000 for the lump sum. This is a payout ratio of 6.3%, not the 6.4% that you mentioned in your two previous posts. My wife would get $4740 a month if I died before her. This significantly improves the value of your pension. See ...
by #Cruncher
Wed May 31, 2017 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Lump Sum Vs. Annuity?
Replies: 13
Views: 2083

Re: Lump Sum Vs. Annuity?

If you die in 20 years, 2.6%, not 6.4%, is the return you'd have to earn by investing the lump sum to match the payments from the pension. #cruncher Yes if I divide my annual payment by my lump sum it equals 6.4%. As far as what else you were talking about on the payout over 20 years you need to ex...
by #Cruncher
Mon May 29, 2017 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Nominal yield of vanguard TIPS fund
Replies: 2
Views: 529

Re: Nominal yield of vanguard TIPS fund

... nominal forward yield ... We can know the real forward yield or the nominal backward yield of a TIPS. Vanguard shows a yield of this latter type on the VAIPX Portfolio & Management tab. It is reported to be 2.1% as of 4/30/2017. [1] The footnote says This figure is an estimated yield-to-maturit...
by #Cruncher
Mon May 29, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4788

Re: Intermediate vs Short Term TIPS Fund

... in none of these duration matching strategies, and that includes TIPS bond ladders , are we going to achieve perfect immunization against changes in interest rates. (underline added) I disagree. A non-rolling ladder does immunize perfectly against changes in interest rates. Since each rung of t...
by #Cruncher
Sun May 28, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Lump Sum Vs. Annuity?
Replies: 13
Views: 2083

Re: Lump Sum Vs. Annuity?

... I would have to make 6.4% interest on my lump to match what my pension pays. What exactly do you mean by "what my pension pays", stumpy? If 6.4% is the pension's payout (annual payment divided by the lump sum), then its return over your expected lifetime is much less. For example, according to ...
by #Cruncher
Sun May 28, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: More Roth conversions better to avoid 85% SS tax?
Replies: 4
Views: 1064

Re: More Roth conversions better to avoid 85% SS tax?

Go through the SS taxation worksheet and fill it out with actual numbers at 26k and 35k to see what I mean. You may be able to find a calculator online that will do it for you. The wiki has a pointer to one here . Or create your own in Excel. The SS taxation worksheet is cumbersome and hard to foll...
by #Cruncher
Sat May 27, 2017 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate vs Short Term TIPS Fund
Replies: 45
Views: 4788

Re: Intermediate vs Short Term TIPS Fund

By mixing the ST & LT TIPS funds dynamically over time to match the TIPS duration with the duration of the liabilities over time, what DFA is doing with these TIPS funds is equivalent to holding a TIPS bond ladder. I don't see how this can be, Bob. The whole concept of using funds to match a non-ro...
by #Cruncher
Fri May 26, 2017 4:05 am
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6826

Re: Can I really pay no capital gains on $100k?

With $40,000 of ordinary income, you'd pay 0% federal tax on about $8,000 of the Long Term Capital Gain (LTCG) and 15% on the rest if you're single. On a joint return you'd pay 0% tax on about $57,000 of the LTCG and 15% on the rest. The marginal tax rate is 13.75% on the single return and 6.5% on t...
by #Cruncher
Thu May 25, 2017 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct delay in crediting interest?
Replies: 4
Views: 439

Re: Treasury Direct delay in crediting interest?

... should I expect a one time credit adjustment when the deposit becomes 5 years old? TreasuryDirect's Savings Bond Calculator (SBC) doesn't show any adjustment and I suspect the inventory shown in your TD account won't either. When an I Bond is 4 years 11 months old, you'll see the value as of 4 ...
by #Cruncher
Thu May 25, 2017 11:22 am
Forum: Investing - Theory, News & General
Topic: Interesting conversation with an alleged SS actuary
Replies: 63
Views: 6178

Re: Interesting conversation with an alleged SS actuary

That SS is actuarially neutral has been debunked numerous times at Bogleheads. There are many reasons it is not actuarially neutral. Here are some of them.... SS implicitly assumes a real LT interest rate of about 2.9% ... 2.9% may be about right for females and for couples. But it's too high for m...
by #Cruncher
Wed May 24, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 17051

Re: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)

... I would quantify how much better (or worse) delayed SS is compared to immediate SS in the tax-deferred scenario. Next do the same calculation in the Roth scenario. I'm perplexed, House Blend. In my previous post I already did that. Either you didn't realize it, or I'm misunderstanding your ques...
by #Cruncher
Wed May 24, 2017 4:00 am
Forum: Investing - Help with Personal Investments
Topic: Mortgage prepay math with PMI
Replies: 11
Views: 1390

Re: Mortgage prepay math with PMI

So my quick estimation was that (80.51 * 12) / 41,180 = 2.346% yearly interest. Added on to our loan's [4.125%] interest, the 41k prepayment would be "earning" 6.471% (for the first 10 years we're scheduled to pay PMI ...). Does that sound correct? Or at least ballpark range? Yes, it's in the ballp...
by #Cruncher
Tue May 23, 2017 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Present value of COLA pension
Replies: 20
Views: 2159

Re: Present value of COLA pension

(CF * Life) / ((1+r)^t) ... we can estimate the chance of you receiving a payment for any given year. Life being the percent chance that you are alive. Here is a link to a Social Security actuarial table to help you figure out what that is. You are going to need a spreadsheet for this calculation b...
by #Cruncher
Mon May 22, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 17051

Re: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)

... if you use tax-deferred assets as the source, ... ignoring taxes ... overstates the value of delaying SS. There may be instances where what you say is correct, House Blend, but here is a case where the opposite is true: ignoring taxes understates the return. Single individual can get $20,000 SS...
by #Cruncher
Mon May 22, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 17051

Re: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)

The following is from the BH Wiki pages which describe the taxation of SS benefits: ... tax brackets and Social Security taxation interact, creating a 27.75% marginal tax rate for most taxpayers in the 15% tax bracket, and a 46.25% marginal tax rate for some single taxpayers ... The point is that f...
by #Cruncher
Mon May 22, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Lump Sum Vs. Annuity?
Replies: 13
Views: 2083

Re: Lump Sum Vs. Annuity?

I am 67. W is turning 62 in 2017. Lump sum amount $181,498. ... Given age difference, leaning toward 100% joint and survivor, ... We do have other pensions but they aren't COLA. Using this longevity estimator with the 2013 SSA Period Life Table for a male age 67 and a female age 62 the 100% survivo...
by #Cruncher
Sun May 21, 2017 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Lump Sum - Insured Parking Spot [for money]
Replies: 10
Views: 1547

Re: Lump Sum - Insured Parking Spot

... $1.5 million ... was wired into a bank money market account ... I would like to ... earn some return ... for the next 6 months ... ... it might well be more convenient for you to buy a money-market fund which holds them. For example, Vanguard Treasury Money Market fund holds 100% of its assets ...
by #Cruncher
Sun May 21, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 17051

Re: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)

The OP is also ignoring the taxation of SS benefits. Such taxation can be at a very high marginal tax rate for a single person. This isn't correct, Peter. From the original post , the father can choose from a SS benefit of about $18,000 at age 62 up to about $31,000 at age 70. We won't know for sur...
by #Cruncher
Sat May 20, 2017 8:00 am
Forum: Investing - Theory, News & General
Topic: Interesting conversation with an alleged SS actuary
Replies: 63
Views: 6178

Re: Interesting conversation with an alleged SS actuary

[the retired actuary] stated ... mathematically the expected benefit is the same without respect to when you claim your social security. I don't believe this is true today. To see, I used this longevity estimator with the SSA 2013 Period Life Table and a 1% discount rate to approximate what would b...
by #Cruncher
Fri May 19, 2017 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 17051

Re: My Dad is taking Social Security at 62, why would anyone not? (If they already quit working)

Here's a variant of the argument given by Bill Bernstein in this post by Cyberbob : According to the original post, the father can collect $17,664 annually in SS starting at age 62. Assume each year he uses this money to buy a deferred annuity commencing at age 70. I went to Immediate Annuities and ...
by #Cruncher
Fri May 19, 2017 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Delay SS, but claim if market plunges
Replies: 49
Views: 4915

Re: Delay SS, but claim if market plunges

I'm wondering whether a strategy would be to delay SS, but if the market has a large drop (e.g. 25% or more) in the region between my retirement and 70, to take SS then. In this way, the portfolio is under less pressure from withdrawals. There may be cases where this is a good strategy. But there a...
by #Cruncher
Wed May 17, 2017 8:09 pm
Forum: Investing - Theory, News & General
Topic: TIPS Roll Return .6%?
Replies: 3
Views: 681

Re: TIPS Roll Return .6%?

Is there an easy way to estimate the expected roll yield if we assume rates don't change? The following simple model may help answer your question: A portfolio of ten TIPS maturing each year 2018 - 2027. To simplify computation each TIPS has a zero coupon. Initial yields for the 2018 - 2026 maturit...
by #Cruncher
Tue May 16, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Has anyone sold TIPS prior to maturity
Replies: 21
Views: 1646

Re: Has anyone sold TIPS prior to maturity

Say a 5 year TIPS in an auction today has a coupon rate of X, a 10 years TIPS from exactly 5 years prior to today (another 5 years to maturity) has a YTM of the same X. Then the fair price for both has to be the same, right? No. Even if two bonds maturing on the same date have the same yield to mat...
by #Cruncher
Tue May 16, 2017 7:00 am
Forum: Investing - Help with Personal Investments
Topic: Has anyone sold TIPS prior to maturity
Replies: 21
Views: 1646

Re: Has anyone sold TIPS prior to maturity

We bought a slug of Tips in October 2008. The real rate was around 3%. At some point, the rate dropped below 1% and I sold about half the holding for a large gain. I thought the real rate of a TIPS was fixed for the life of the bond. Am I confused and/or misinformed? The interest rate (aka coupon) ...
by #Cruncher
Mon May 15, 2017 5:05 pm
Forum: Investing - Theory, News & General
Topic: LMP-3: Roll your own pension- Build a tips ladder!
Replies: 43
Views: 5276

Re: LMP-3: Roll your own pension- Build a tips ladder!

... for the bond in question coupons need to be reinvested and its not clear what the yield on those reinvested coupons would be Reinvestment of coupons usually isn't very important for TIPS held in a taxable account for two reasons: Firstly the coupons are usually small; and secondly only part of ...
by #Cruncher
Sun May 14, 2017 1:27 pm
Forum: Investing - Theory, News & General
Topic: LMP-3: Roll your own pension- Build a tips ladder!
Replies: 43
Views: 5276

Re: LMP-3: Roll your own pension- Build a tips ladder!

So to give a concrete example, let's looks at a simplified example for convenience. years 1-5: total inflation of 28% (roughly 5% a year)' years 6-10: total deflation of -5% (roughly 1% a year) years 11-15: total inflation of 28% (roughly 5% a year) years 16-20: total deflation of -5% (roughly 1% a...
by #Cruncher
Sat May 13, 2017 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: recent widow needs help with life insurance payout options
Replies: 44
Views: 3613

Re: recent widow needs help with life insurance payout options

If I am hearing people correctly it sounds like Option #3 (Life Income) is not "the deal of a lifetime", i.e. I thought collecting $356,000 if I live to age 85 sounded like a huge amount of money, but maybe it's not.. I wouldn't go so far as to say it's the "deal of a lifetime", but with the follow...
by #Cruncher
Sat May 13, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Buying individual Bonds, T Notes
Replies: 3
Views: 637

Re: Buying individual Bonds, T Notes

CUSIP: 912828XA3 ... Issue: T Note Coupon: 1% Maturity: 05/15/2018 ... Principal: $998.75 This is the 3-year note issued 5/15/2015 and maturing in almost exactly one year. At the price quoted, your return would be about 1.13% (1010 / 998.75 - 1) close to the 1.11% shown 5/12/2017 on the Treasury Yi...
by #Cruncher
Sat May 13, 2017 7:42 am
Forum: Investing - Theory, News & General
Topic: LMP-3: Roll your own pension- Build a tips ladder!
Replies: 43
Views: 5276

Re: LMP-3: Roll your own pension- Build a tips ladder!

I've never owned TIPS in taxable, but I don't see why this [tax reporting] would be such a big deal. Once you get it set up in a spreadsheet, it seems to me that it should be fairly straightforward. See TIPS Interest and OID Calculator for a spreadsheet I use to compare against 1099s. Member tfb ex...
by #Cruncher
Fri May 12, 2017 1:27 pm
Forum: Investing - Theory, News & General
Topic: LMP-3: Roll your own pension- Build a tips ladder!
Replies: 43
Views: 5276

Re: LMP-3: Roll your own pension- Build a tips ladder!

...for others who want to follow along, ... Benefit Calculation Examples for Workers Retiring in 2017 Thanks for this link. Grok. (It's page 1 of 2. Click NEXT at the bottom left for page 2.) I now see why I wasn't able to exactly get the $2,687 per month. For those interested here are the steps to...