Search found 2417 matches

by #Cruncher
Tue Sep 19, 2017 5:45 am
Forum: Investing - Help with Personal Investments
Topic: Take The Lump Sum or The Immediate Annuity?
Replies: 34
Views: 3307

Re: Take The Lump Sum or The Immediate Annuity?

... lump sum of $197,800 or an immediate annuity for myself of $1,170/mo. ... I'm 65 ... Using my longevity estimator with the SSA 1950 Cohort Life Table , a survival-weighted $1,170 per month represents a 2.2% return on the $197,800 lump sum for a 65-year old man. I consider this adequate only if ...
by #Cruncher
Mon Sep 18, 2017 9:21 am
Forum: Investing - Theory, News & General
Topic: Can a TIPS ladder 'fail' ?
Replies: 101
Views: 9411

Re: Can a TIPS ladder 'fail' ?

Given the quote from the NY Fed I referenced above I don't think the coupon can ever be reduced below the original amount either. The coupon percent never changes. But I think, Doc, you mean more than this: that the interest payment can never be less than the coupon applied against the face amount....
by #Cruncher
Fri Sep 15, 2017 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund Will Perform Best With Rising Rates?
Replies: 27
Views: 3274

Re: Which Bond Fund Will Perform Best With Rising Rates?

... from the point of view of someone who has already bought the bond fund ... as interest rates rise their income neither increases nor decreases, but over time as the bonds in the fund are replaced by higher-interest bonds their income gradually increases. If we grant that "income" is more than j...
by #Cruncher
Thu Sep 14, 2017 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund Will Perform Best With Rising Rates?
Replies: 27
Views: 3274

Re: Which Bond Fund Will Perform Best With Rising Rates?

(... In a fund, of course, you have to wait for the older, lower-interest-rate bonds to be replaced by newer, higher-interest-rate bonds.) This is a common misconception. Once yields rise, existing bonds will immediately be yielding the higher rate. It's not necessary to wait for them to be replace...
by #Cruncher
Thu Sep 14, 2017 6:35 am
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund Will Perform Best With Rising Rates?
Replies: 27
Views: 3274

Re: Which Bond Fund Will Perform Best With Rising Rates?

I guess the fund with the lowest duration and the highest percentage of corporate bonds will outperform the others, at first . Then it will underperform. (underline added) Yes, after a one time uniform rise in the yield curve, the shortest duration bond (and bond fund) will likely do best at first....
by #Cruncher
Wed Sep 13, 2017 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund Will Perform Best With Rising Rates?
Replies: 27
Views: 3274

Re: Which Bond Fund Will Perform Best With Rising Rates?

... In the big picture, all bond funds will perform better if rates increase. Yes, in the long term and if the interest rate increase is gradual. It's true even if the interest rate increase is not gradual. The best case is if the increase is quick; the worst case is if it is delayed; and the gradu...
by #Cruncher
Wed Sep 13, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Changing from Survivor Benefits to Own Benefits at age 70
Replies: 4
Views: 732

Re: Changing from Survivor Benefits to Own Benefits at age 70

Our issue has to do with the actual numbers we are working with. I'll repeat the question from my first post: "Have you calculated the tax both ways?" We are working hard to insure that our income levels will remain just below the 46.25% marginal rate. ... A portion of our income at age 70 will be ...
by #Cruncher
Tue Sep 12, 2017 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Changing from Survivor Benefits to Own Benefits at age 70
Replies: 4
Views: 732

Re: Changing from Survivor Benefits to Own Benefits at age 70

... 2018 would be $31,000 ... and 2019 ... would be $36,000. BUT, that is not the way I understand what they said. ... 2018 will also be $24,000 ... Then 2019 will be $43,000 ... the added SSA-1099 income for 2019 could cause some unwanted tax problems. What tax problems, PapaGeek? Have you calcula...
by #Cruncher
Sun Sep 10, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Do I-bonds (vs TIPS) make any long term sense in taxable space?
Replies: 9
Views: 925

Re: Do I-bonds (vs TIPS) make any long term sense in taxable space?

Scenario 1: ... After 30 years, the Ibond is worth 18113.62 and taxes @ 20%= 3622.72. After tax value =14490.89 When an I Bond matures one pays tax only on the gain , not on the total value. Therefore, given your assumptions, kiddoc, the breakeven inflation rate is 3.8616% as shown in the middle co...
by #Cruncher
Sat Sep 09, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security bend points/early retirement estimates
Replies: 17
Views: 2896

Re: Social Security bend points/early retirement estimates

... your bend points are not applied yearly . ... at age 60 your Adjusted Indexed Monthly Earnings (AIME) are calculated from your 35 highest wage index adjusted SS earning years. ... your Primary Insurance Amount (PIA) can be calculated from your AIME and the appropriate bend points. This is when ...
by #Cruncher
Fri Sep 08, 2017 10:45 am
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 37435

Re: Michael Kitces 4% rule podcast on Madfientist

There is a reason not too many retire at age 35. Even if we assume you can predict your expenses including healthcare for that long, it'll be interesting to see how the numbers will work. The following table gives an idea how hard it would be for a worker to retire at age 35. Assuming he starts at ...
by #Cruncher
Tue Sep 05, 2017 1:06 pm
Forum: Investing - Theory, News & General
Topic: IBonds - now or wait? [November 2017 rate]
Replies: 40
Views: 5492

Re: IBonds - now or wait?

You can get CPI info in October which determines the 6-month variable part and can help you make the decision whether to buy before November or wait. Every six months a thread like this one appears where the original poster asks if he should buy I Bonds before or after the next six-month rate chang...
by #Cruncher
Mon Sep 04, 2017 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Any way to "translate" a fixed pension/annuity to an inflation adjusted one?
Replies: 23
Views: 1660

Re: Any way to "translate" a fixed pension/annuity to an inflation adjusted one?

If you want to add a little complexity ... For each year one could multipl[y] the ... amount by a survival rate. i.e., in year 1 when you are 65 you would have a 100% survival rate. In year 30 when your are 95 you would have a 10% rate - number pulled out of thin air. My longevity estimator does th...
by #Cruncher
Mon Sep 04, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Any way to "translate" a fixed pension/annuity to an inflation adjusted one?
Replies: 23
Views: 1660

Re: Any way to "translate" a fixed pension/annuity to an inflation adjusted one?

50 years: 7,287.89 = PMT(3.5%, 50, PV(5.57%, 50, 10000, 0, 1), 0, 1) It may be helpful to see how the result of this formula (from my previous post ) works out year-by-year in nominal dollars. To review, the assumptions are: $10,000 nominal pension received at the beginning of each year for 50 year...
by #Cruncher
Sun Sep 03, 2017 10:18 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 37435

Re: Michael Kitces 4% rule podcast on Madfientist

The paper I mentioned is Google-able but here's the link for posterity: https://www.onefpa.org/journal/Pages/Inflation%20Hyperinflation%20Adjustment%20Lags%20Why%20TIPS%20Don%E2%80%99t%20Guarantee%20Real%20Rates%20of%20Return.aspx Thanks for providing the link, AlohaJoe. Table 1 in the paper is cal...
by #Cruncher
Sun Sep 03, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Any way to "translate" a fixed pension/annuity to an inflation adjusted one?
Replies: 23
Views: 1660

Re: Any way to "translate" a fixed pension/annuity to an inflation adjusted one?

Assumptions: ... Perpetual life (no death). Assuming a perpetual annuity, longinvest, understates the equivalent constant dollar annuity for any reasonable life expectancy. For example, with your 2% inflation and 3.5% real growth, if one assumes the annuity will run for 50 years, the constant dolla...
by #Cruncher
Sun Sep 03, 2017 2:01 am
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 37435

Re: Michael Kitces 4% rule podcast on Madfientist

https://raw.githubusercontent.com/maizeman/dead_broke/master/DAB_graphs/Example_Output.png [The chart] puts the odds of the 4% rule failing in the proper perspective. Thanks for posting this chart, Raven15. But I'm not sure that this is the proper perspective. The odds of a withdrawal plan failing ...
by #Cruncher
Fri Sep 01, 2017 1:08 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 37435

Re: Michael Kitces 4% rule podcast on Madfientist

[What happens when ...] we have hyperinflation (even TIPS with their 6-month lag get adjusted too slow to mitigate this) As an aside, there's an article in the Journal of Financial Planning on exactly this called "Inflation, Hyperinflation, Adjustment Lags: Why TIPS Don't Guarantee Real Returns". D...
by #Cruncher
Mon Aug 28, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: Effect of duration rate on bond funds
Replies: 21
Views: 2214

Re: Effect of duration rate on bond funds

If bond traders cause ten-year Treasury bonds to lose 5% of their value, then the yield on ten-year Treasury bonds must increase by 0.5%. This is true only for a zero coupon bond maturing in ten years. The yield on 10-year coupon bonds would have to rise more than 0.5% to cause a 5% fall in price. ...
by #Cruncher
Mon Aug 28, 2017 11:54 am
Forum: Investing - Theory, News & General
Topic: Can't reconcile dividend taxation problem
Replies: 3
Views: 881

Re: Can't reconcile dividend taxation problem

I would think that the difference would be attributed to the loss of growth on the annual tax bill of investment A. That's correct; but remember that the extra growth on the annual tax would itself be subject to tax at the end of the 3rd year. Your comparison is also off because you incorrectly inc...
by #Cruncher
Fri Aug 25, 2017 11:23 pm
Forum: Investing - Theory, News & General
Topic: Effect of duration rate on bond funds
Replies: 21
Views: 2214

Re: Effect of duration rate on bond funds

Modified duration is the one that does price sensitivity. Macaulay and Modified duration should be the same for option free bonds. You're correct, Alex, that Modified duration measures a bond price's sensitivity to changes in its yield; but incorrect that Macaulay duration is the same. As mentioned...
by #Cruncher
Fri Aug 25, 2017 8:08 pm
Forum: Investing - Theory, News & General
Topic: Value of Regular Investments that Increase over Time
Replies: 0
Views: 489

Value of Regular Investments that Increase over Time

We can calculate how much a regular constant investment grows to after a specified period of time. For example the value of $322 invested at the end of each year, growing at 7% per year, would be $4,449 after ten years. 4,448.90 = 322 *((1.07 ^ 10 - 1) / 0.07) But what if the amount invested itself ...
by #Cruncher
Mon Aug 21, 2017 7:55 pm
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 74
Views: 8063

Re: IBonds: My worst bond investment over the last 5 years

... the greater the rate of DEflation, the greater the REAL return on I Bonds (even 0% I Bonds). Instead of " even 0% I Bonds", Mel, I'd say " especially 0% I Bonds". This is because I Bonds with a 0% fixed rate benefit from any CPI decrease (over a six month period March - September or September -...
by #Cruncher
Sun Aug 20, 2017 10:03 am
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4091

Re: XIRR - Non-reinvested dividends

Warning! This post will get even more esoteric. I wonder if the board has a policy against discussing epistemological issues? After all, we don't want people coming to blows over the meaning of words like "year". :wink: How many years are there in the 366 day period from 12/31/15 to 12/31/16? A fai...
by #Cruncher
Sat Aug 19, 2017 3:13 pm
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 74
Views: 8063

Re: IBonds: My worst bond investment over the last 5 years

... inflation-adjusted return should have been exactly what was expected. Zero. Actually the five year real return for I Bonds purchased May - October 2012 is slightly more than zero: about 0.17% points more to be precise. This arises because of the "0% composite rate floor". According to TreasuryD...
by #Cruncher
Sat Aug 19, 2017 12:01 pm
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 74
Views: 8063

Re: IBonds: My worst bond investment over the last 5 years

Assuming a 0% on the fixed part: I did (.98+1.38)/2 + (.08+.77)/2 + (0+.74)/2 + (.92+59)/2 + (.59+.88)/2 to get 3.465 and then divide by 5 to get .693% You've made three errors here, Jdilla. The major one, as Lars_2013 points out in this post is that, since you're using semi-annual rates (see here ...
by #Cruncher
Fri Aug 18, 2017 8:20 pm
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4091

Re: XIRR - Non-reinvested dividends

Esoteric alert! :wink: This post concerns only the effect of leap years on calculating annual return. It will interest few people. What you posted was only about the total return and did not include the XIRR. That's correct. But for the case you referred to with only two "cash flows", a starting an...
by #Cruncher
Fri Aug 18, 2017 3:38 pm
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 427
Views: 62287

Re: Forum software upgrade bug reports and change requests

... here is how I get rid of that date and time and day and minute clutter :annoyed : When I am quoting to create a post, in the "post a reply" window, delete everything between the last letter of the quoted person's name to that line's closing bracket. Please consider not doing this, Miriam. Leavi...
by #Cruncher
Thu Aug 17, 2017 10:03 pm
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4091

Re: XIRR - Non-reinvested dividends

Mutual funds typically report the time-weighted return. Thanks for pointing this out, Ron. After working on this in my previous post , I now see how to calculate the annual return for a mutual fund much easier than I've always done it before. There is no need to keep track of account value, shares,...
by #Cruncher
Thu Aug 17, 2017 2:19 pm
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4091

Re: XIRR - Non-reinvested dividends

Note that the time-weighted rate depends only on the percent gains. This means the time weighted rate is the same whether or not distributions are reinvested. Never having calculated a time-weighted return, I was skeptical of this claim. So I applied it against the 2016 prices and dividends for Van...
by #Cruncher
Wed Aug 16, 2017 10:12 pm
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4091

Re: XIRR - Non-reinvested dividends

Question: When you are reinvesting your dividends at different NAV are you calculating the shares purchased, adding those shares to the share total and then calculating the ending balance using the total shares purchased including the reinvestment and the ending price? That's exactly right, Doc. To...
by #Cruncher
Wed Aug 16, 2017 3:06 pm
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4091

Re: XIRR - Non-reinvested dividends

The discounted flow equations IRR or XIRR have an inherent assumption or even definition that [t]here is only one rate involved. Of course; how could it be otherwise? The Internal Rate of Return (IRR) is the single discount rate that, when applied to all the cash flows, produces a series that sums ...
by #Cruncher
Wed Aug 16, 2017 12:01 pm
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 123
Views: 15211

Re: The Mathematics of Retirement Investing

I wrote the first post of this thread to show that the cost of using a diversified 60/40 stocks/bonds portfolio, instead of a concentrated 100% stocks portfolio, is small enough . That it's approximately $150 per month for someone earning a $80,000 salary. I would restate this slightly to say "smal...
by #Cruncher
Tue Aug 15, 2017 10:39 pm
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4091

Re: XIRR - Non-reinvested dividends

The question in the OP concerns the effect of reinvested dividends on the XIRR. Reinvestment of dividends does effect the final value but has no effect on the Internal Rate of Return itself . Really? Doc, please enter the following into cells A1:D3 of a blank spreadsheet: Row Col A Col B Col C Col ...
by #Cruncher
Mon Aug 14, 2017 11:30 pm
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 123
Views: 15211

Re: The Mathematics of Retirement Investing

Cutting expenses by 3.3% but investing in the higher growth portfolio means hitting the target portfolio size and retiring over 3 years earlier, right? I think "over 3 years earlier" is optimistic, AlohaJoe. I estimate 1.3 years taking into consideration If one retires earlier, one should have a la...
by #Cruncher
Mon Aug 14, 2017 8:18 pm
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4091

Re: XIRR - Non-reinvested dividends

In my experience, the XIRR of a fund account with dividends taken in cash is not the same as the Total Return reported by the fund. Yes; while the two might be the same; in general they will differ since fund total returns assume dividends are reinvested. To illustrate, consider the following hypot...
by #Cruncher
Mon Aug 14, 2017 9:33 am
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4091

Re: XIRR - Non-reinvested dividends

Depends on circumstances. If you're working with a single stock or fund, then yes, it's a withdrawal. If you're working with a total portfolio balance and the dividends go to a Money market fund, etc which is included in the total portfolio balance, then no it is not a withdrawal. To illustrate thi...
by #Cruncher
Sun Aug 13, 2017 4:53 pm
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 123
Views: 15211

Re: The Mathematics of Retirement Investing

I really like the option you added in your spreadsheet to make the retirement spending something other than 100% of working spending. That can be particularly useful for people paying a mortgage during working years and retiring with a paid off house. Your example of a mortgage made me realize that...
by #Cruncher
Fri Aug 11, 2017 10:33 pm
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 123
Views: 15211

Re: The Mathematics of Retirement Investing

Nice work, longinvest! Our objective is for work-years salary minus savings to be equal to total retirement income . It took me a while to understand just what your objective means. Normally one posits a desired retirement income and then backs into the savings needed to attain it. Instead you posit...
by #Cruncher
Thu Aug 10, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Ex Pat Physical Presence Test Spreadsheet/Calculator?
Replies: 5
Views: 831

Re: Ex Pat Physical Presence Test Spreadsheet/Calculator?

The rolling aspect of the law is messing with my mind and I am never confident I am arriving at the correct numbers. I believe you're referring to the flexible way one is allowed to count the days. From Form 2555-EZ 2016 : 2 Physical Presence Test Were you physically present in a foreign country or...
by #Cruncher
Wed Aug 09, 2017 4:14 am
Forum: Investing - Help with Personal Investments
Topic: Is there a calculator to find hurdle rate for stock rotation after paying cap gains?
Replies: 5
Views: 522

Re: Is there a calculator to find hurdle rate for stock rotation after paying cap gains?

How many years until my ABC stock I have rotated into is now doing better than XYZ? (Since on a liquidated after tax basis it does better immediately, marcv, I assume you mean on a pretax basis.) For your example, the answer is 1.6599 years as shown on the 6th row below: Row Col A Col B Col C Col D...
by #Cruncher
Tue Aug 08, 2017 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Need help understanding TIPS funds
Replies: 15
Views: 1499

Re: Need help understanding TIPS funds

In light of these market crosscurrents, and based on our expectation of a rise in inflation and interest rates, we continue to modestly overweight longer-term TIPS. ... This statement from page 9 of the Vanguard Inflation-Protected Securities Fund 12/31/2016 Annual Report is strange on three counts...
by #Cruncher
Mon Aug 07, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion - Math check
Replies: 22
Views: 1699

Re: Roth Conversion - Math check

If you foresee paying a lower rate many years from now it would be good to wait for that. The tax rate would have to be much lower for waiting to pay. If all $95,000 of the IRA conversion were taxable, then the end result is the same if the tax rate remains the same. But this is not the case for th...
by #Cruncher
Sat Aug 05, 2017 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Want to finish mortgage in five years, how much to pay?
Replies: 15
Views: 1899

Re: Want to finish mortgage in five years, how much to pay?

... at our current rate of payment we will be done in seven more years. ... How much would I have to put down annually to pay the mortgage off in five years? Four years? ... Rate: 4.125% Current balance: 280k ... Lump sum payment would begin October 2017 and be in October of each year after. Given ...
by #Cruncher
Sat Aug 05, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: Roth conversions after start of SS benefits (for low expense couples)
Replies: 16
Views: 1731

Re: Roth conversions after start of SS benefits (for low expense couples)

This works, but why not just decrease the 50% & 85% SS thresholds 2.5% per year instead of increasing everything else? The results would then be in 2017 constant dollars. Doing this all in 2017 dollars, using $54,700 for SS income (70000/(1.025^10) ~= 54700) one gets a very similar result: ~$17K be...
by #Cruncher
Fri Aug 04, 2017 1:31 pm
Forum: Investing - Theory, News & General
Topic: Roth conversions after start of SS benefits (for low expense couples)
Replies: 16
Views: 1731

Re: Roth conversions after start of SS benefits (for low expense couples)

3. Inflation (personal exemption, SS and COL): 2.5% (note: I did not inflate the SS 50%/85% limits) This works, but why not just decrease the 50% & 85% SS thresholds 2.5% per year instead of increasing everything else? The results would then be in 2017 constant dollars. At age 70, here are the spre...
by #Cruncher
Thu Aug 03, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with 403b pension plan vs Rollover IRA
Replies: 2
Views: 227

Re: Need help with 403b pension plan vs Rollover IRA

She's 41 ... [can get] retirement money [when] she's 63 ... would be roughly 1500-1800 a month ... depending on which plan she chose. ... every month for life ... she has about 67K ... allowed to ... roll it over into ... IRA ... I'm assuming the $1,800 is for a single life option while $1,500 is f...
by #Cruncher
Wed Aug 02, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: (Not a DCA question) Better to invest a large amount earlier in life?
Replies: 4
Views: 636

Re: (Not a DCA question) Better to invest a large amount earlier in life?

Scenario 2 I take $30,000 of my savings and invest that ... at 5% return for 25 years ... That is a $100,000 difference equal to 15 years of saving $6,500 a year! Indeed (as welderwannabe confirms) $30,000 growing at 5% will be about $100,000 in 25 years. But $6,500 per year also growing at 5% will...
by #Cruncher
Sun Jul 30, 2017 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity versus Lump Sum math
Replies: 12
Views: 1379

Re: Annuity versus Lump Sum math

The SSA life expectancy calculator says 27 more years for him. We're doing two calculations: Invest $197K at 4, 6 or 8% compounded monthly for 27 years Invest $1,430 each month at the same 4, 6 or 8% compounded monthly for 27 years Via Bankrate.com savings calculator the results after 27 years are:...
by #Cruncher
Sat Jul 29, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Roth conversion tax question
Replies: 14
Views: 1291

Re: Roth conversion tax question

... our only taxable income is 3000 worth of income from a cd, ... We do have some CA tax free muni income of about 5000. ... our combined SS is projected to start at about 62,000 and our RMDs about 36,000 if we do no conversions. Even though you can have income up to almost $100,000 before reachin...