Search found 4048 matches

by cherijoh
Tue Nov 07, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Change withdrawal pattern from inherited IRA?
Replies: 3
Views: 239

Re: Change withdrawal pattern from inherited IRA?

I've had an inherited IRA for about 10 years. Over that time, I have taken the stretch withdrawal pattern based on my life expectancy. Now, I'm considering early retirement and wonder if I could increase withdrawals to help fund expenses until age 59.5. Am I stuck with the stretch withdrawal method...
by cherijoh
Mon Nov 06, 2017 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Where to take more risk: 401k or Roth?
Replies: 32
Views: 2856

Re: Where to take more risk: 401k or Roth?

I'm sure this question has been asked before, but I couldn't find it. Sorry if it's substantially redundant. Send links if it is. For someone who has both a 401k and a Roth IRA, where should that person put the riskier assets?. Or say that person ultimately wanted a 75/25 stock/bond overall portfol...
by cherijoh
Mon Nov 06, 2017 6:31 pm
Forum: Personal Consumer Issues
Topic: Mold Discovered in Potential House Purchase
Replies: 27
Views: 2803

Re: Mold Discovered in Potential House Purchase

I'm no expert, but as long as they remedy it I wouldn't be to concerned. I've looked at numerous homes when we were looking to purchase and I am a firm believer that every home has some form of mold contained within it. If you google remedies most recommend a simple bleach/water mix sprayed on the ...
by cherijoh
Mon Nov 06, 2017 6:10 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 116
Views: 12595

Re: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series

How do you work with funded ratio when you have income streams coming on at different times? I will have a DB pension (no COLA) from a former employer that will cover about 1/3 of my basic first year retirement expenses after I account for the state and federal taxes on the pension. I do not have a...
by cherijoh
Mon Nov 06, 2017 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k
Replies: 22
Views: 2160

Re: Fidelity 401k

How much money is in your 401k? How much money total is invested over all accounts? What other accounts do you have? How are they invested? 401k: ~20k Over all accounts: ~65k (~85k including 401k) Other accounts: all with betterment, taxable + roth How are they invested: 83/17 betterment portfolio ...
by cherijoh
Mon Nov 06, 2017 8:30 am
Forum: Investing - Theory, News & General
Topic: Did Vanguard change from 20% to 30% stock in TD retirement income fund?
Replies: 19
Views: 2193

Re: Did Vanguard change from 20% to 30% stock in TD retirement income fund?

. Yes, Vanguard changed the stock percentage in the Target Date Retirement Income fund from 20% to 30% in 2006. See the Wiki page: https://www.bogleheads.org/wiki/Vanguard_target_retirement_funds "In the years since launching the TR funds, Vanguard has made two significant changes to the funds' ass...
by cherijoh
Sun Nov 05, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: I can take $15k out of my trad IRA with no taxes - should I?
Replies: 37
Views: 3296

Re: I can take $15k out of my trad IRA with no taxes - should I?

Qualified dividend and capital gains do not exist in a tIRA. You have contributions and earnings (or growth) in there. Unless some of it has already been taxed (e.g. non-deductible contributions), It is all considered "ordinary income" and is taxed at your ordinary income rate. Yes - the IRA withdr...
by cherijoh
Sun Nov 05, 2017 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Social Security - general question
Replies: 44
Views: 4979

Re: Social Security - general question

If you are good at spreadsheets, you can create one which mimics the AnyPIA program. I looked at the key calculations within the SS website and created a spreadsheet, before I was able to download and successfully run the AnyPIA program. I later used AnyPIA as a check on my spreadsheet and the two ...
by cherijoh
Sun Nov 05, 2017 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: 401k investment vs taxable account.
Replies: 15
Views: 1069

Re: 401k investment vs taxable account.

Yeah I was under the impression that a backdoor roth conversion and saving up to 54k in 401k is the optimal way. In that case you won't pay capital gains tax when you sell your assets so in the aggregate it should be better. The only problem is that you can't access that money easily without taking...
by cherijoh
Sun Nov 05, 2017 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: 401k investment vs taxable account.
Replies: 15
Views: 1069

Re: 401k investment vs taxable account.

Oh really? I though the money I put into my 401k are taxed at that time. Then they grow tax free since the 401k is tax-sheltered so when you sell the assets in the 401k no capital gains tax is incurred. Or am I wrong in making this assumption? Also I'm currently contributing 18k to my 401k I'm just...
by cherijoh
Sun Nov 05, 2017 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: I can take $15k out of my trad IRA with no taxes - should I?
Replies: 37
Views: 3296

Re: I can take $15k out of my trad IRA with no taxes - should I?

Qualified dividend and capital gains do not exist in a tIRA. You have contributions and earnings (or growth) in there. Unless some of it has already been taxed (e.g. non-deductible contributions), It is all considered "ordinary income" and is taxed at your ordinary income rate. Yes - the IRA withdr...
by cherijoh
Sun Nov 05, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 116
Views: 12595

Re: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series

Note: I'm not sure how well the Funded Ratio concept works with delayed SS. For instance, I have a seven year delay from start of retirement until starting SS at $3500/month. So the liability part of the FR would have two components: perhaps $750k to annuitize for lifetime income, and another $250k...
by cherijoh
Sun Nov 05, 2017 10:44 am
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 116
Views: 12595

Re: Using the Funded Ratio to drive your retirement investment plan

Bobcat An excellent post (along with several other recent threads you've been a part of). Full of wisdom and good suggestions. For what it's worth, I've long been against investing in long bonds. I'm still at least a decade from retirement and during my accumulation phase I've always used intermedi...
by cherijoh
Sun Nov 05, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Out of network care
Replies: 84
Views: 4908

Re: Out of network care

Please ignore the people generalizing that don't know what they are talking about. I love love love Kaiser. The Kaiser HMO will pay for what needs to be paid for. You go to see Kaiser docs, they order lab tests, all of it happens at the same office and you never get any crazy balance billing or wac...
by cherijoh
Sun Nov 05, 2017 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Should I pay off mortgage? Has this ever been asked before?
Replies: 41
Views: 3380

Re: Should I pay off mortgage? Has this ever been asked before?

The money would probably come from liquidating the $70K Roth IRA and another $30K I've got stashed for "emergencies." I'd still have emergency funds of $10K + credit cards if needed. That gets me $100K of the way there, the rest would probably be the occasional double payment when I could. Teague -...
by cherijoh
Sat Nov 04, 2017 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: How to keep track of Roth cost basis with regard to rollovers?
Replies: 3
Views: 595

Re: How to keep track of Roth cost basis with regard to rollovers?

I may in the future withdraw some of my Roth contributions, as is allowed by IRS rules. In terms of actually knowing what percentage of my total Roth money is composed of contributions: * For regular/direct yearly contributions, this is trivial, as my broker (obviously) keeps the records of my cont...
by cherijoh
Sat Nov 04, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Split 401k between pre-tax and Roth?
Replies: 22
Views: 1324

Re: Split 401k between pre-tax and Roth?

Yes there are sufficient funds for Roth 401ks. Currently we're both 56, to retire at 62. Oddly enough, looking at starting SS at 62, 67 and 70 with firecalc shows they're all about the same. So, not sure yet. Currently 25% taxable savings, 75% pre-tax IRA/401k. No Roth. We're just above the Roth IR...
by cherijoh
Sat Nov 04, 2017 5:50 pm
Forum: Personal Consumer Issues
Topic: Bosch dishwasher?
Replies: 91
Views: 7310

Re: Bosch dishwasher?

See this thread about a recent recall of Bosch dishwashers.
by cherijoh
Sat Nov 04, 2017 5:47 pm
Forum: Personal Consumer Issues
Topic: Bosch Dishwasher Recall
Replies: 2
Views: 755

Bosch Dishwasher Recall

Since there was a fairly recent thread on Bosch dishwashers, I wanted to make sure everyone was aware of a recent recall for some dishwashers due to a faulty power cord that could result in a fire. You can check online here to see if your dishwasher was involved in the recall. If you enter your mode...
by cherijoh
Sat Nov 04, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Split 401k between pre-tax and Roth?
Replies: 22
Views: 1324

Re: Split 401k between pre-tax and Roth?

We've been maxing out 401k contributions (24k each) for years... all pre-tax. We're in the 28% tax bracket with 33k to go before we hit 33% (after all our deductions). I expect us to be in the 25% bracket when retired. Because you are maxing out your retirement accounts , and the difference between...
by cherijoh
Thu Nov 02, 2017 7:40 pm
Forum: Personal Consumer Issues
Topic: Spam calls to cell phone...
Replies: 87
Views: 6147

Re: Spam calls to cell phone...

My wife recently got a call from her exact number. This is my fear - that I diligently block all these fake numbers on my phone, but end up blocking real numbers because of the spoofing. If someone is calling from a real local number, the Caller ID on my portable handset will show: Name and phone n...
by cherijoh
Mon Oct 30, 2017 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Help Planning Mom's Finances after Dad Passed
Replies: 27
Views: 2322

Re: Help Planning Mom's Finances after Dad Passed

Hi Bogleheads, Unfortunately two weeks ago my father passed away at the far too young age of 61 after a long battle with cancer. Knowing that I have enjoyed learning about investing and personal finance my mother has asked me to sit down and help her plan several aspects of her remaining finances. ...
by cherijoh
Mon Oct 30, 2017 4:42 pm
Forum: Personal Consumer Issues
Topic: Need advice - Job
Replies: 37
Views: 3499

Re: Need advice - Job

Do you need the extra money? Are you having trouble paying bills and leading a reasonable life-style? My thoughts on money are that we all need a certain amount to maintain a reasonable life-style without worrying about money all the time. Worrying about paying bills is no fun at all. However, once...
by cherijoh
Mon Oct 30, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: we bought a house - are we housepoor now?
Replies: 195
Views: 8981

Re: we bought a house - are we housepoor now?

Thats why we put 30% down instead of 20% ;) Its not just the mortgage - its also your higher property taxes that will drag on you for years to come. That's why many folks run the numbers against property value - not simply the mortgage. So why are you asking this question? I'm still waiting for you...
by cherijoh
Sun Oct 29, 2017 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: we bought a house - are we housepoor now?
Replies: 195
Views: 8981

Re: we bought a house - are we housepoor now?

If someone is unemployed for two years, they will likely have trouble with any mortgage. Klang's rules not only don't work for plenty of Bogleheads, they don't work for the vast majority of folks in the U.S. Yet, MANY own houses. How's that work? Not if you bought less house and boosted your saving...
by cherijoh
Sun Oct 29, 2017 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: RMD and Roth Conversion.
Replies: 5
Views: 433

Re: RMD and Roth Conversion.

I thought RMDs are base on Dec 31 of the previous year IRA balance. The amount that is required to be withdrawn is based on the previous year end balance. But as long as you withdraw enough the cover the sum of the RMDs across all IRAs, it doesn't matter from which IRA account or accounts the RMD i...
by cherijoh
Sun Oct 29, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: RMD and Roth Conversion.
Replies: 5
Views: 433

Re: RMD and Roth Conversion.

The RMD (for that particular IRA account) must be completed before or at the same time as the conversion because the first distribution in an RMD distribution year is deemed to apply to the RMD. If you convert your RMD for a particular account you create an excess contribution to your Roth IRA, but...
by cherijoh
Sun Oct 29, 2017 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: we bought a house - are we housepoor now?
Replies: 195
Views: 8981

Re: we bought a house - are we housepoor now?

I don't know why people continue to argue with Klangfool about housing. I don't think he's going to change his mind. He is very conservative about house due to his experience and that's fine. Just because he has his rules doesn't mean you have to follow them. In that regard I'm not sure why the OP ...
by cherijoh
Sun Oct 29, 2017 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: What was the main reason you retired?
Replies: 210
Views: 15120

Re: What was the main reason you retired?

It's possible the husband was wearing sandals with socks to work. That's a rather egregious violation of all possible dress codes... Sadly, we have a group that comes in with sandels sans socks. Personally, I think they look silly on cold days (okay, I think they look silly every day.) but not my c...
by cherijoh
Sun Oct 29, 2017 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: What was the main reason you retired?
Replies: 210
Views: 15120

Re: What was the main reason you retired?

There is another reason for retiring that you seem to ignore: Lack of stress. Every job has some level of stress associated with it. You have to commute, you have to be there on time, you have to fight bad weather, you have deadlines to meet, you have to deal with disagreeable coworkers, you have a...
by cherijoh
Sun Oct 29, 2017 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: What was the main reason you retired?
Replies: 210
Views: 15120

Re: What was the main reason you retired?

Not to hijack the thread, but those who answered that they disliked the job makes it a bit sad. Great you have enough to do what you want AFTER spending 30+ years doing something you disliked. Seems that one wasted a LARGE portion of their youth just to make money that they may or may not take adva...
by cherijoh
Sun Oct 29, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: we bought a house - are we housepoor now?
Replies: 195
Views: 8981

Re: we bought a house - are we housepoor now?

Where did i say that i based the purchase on that assumption? I bought the house with the expectation that my income will keep up with inflation. I mentioned beating inflation because you mentioned the possibility of not keeping up with inflation. My wages are largely based on the market for my ski...
by cherijoh
Sun Oct 29, 2017 12:53 pm
Forum: Personal Consumer Issues
Topic: European Tours
Replies: 67
Views: 3177

Re: European Tours

<snip> A friend found a company that would book the hotels and transportation and also provide a local English speaking contact in each city you visited. They would also arrange for city tours either private or joining a larger group so it was a hybrid of a custom tour and DIY. <snip> Can you share...
by cherijoh
Sun Oct 29, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire today?
Replies: 132
Views: 7663

Re: Can I retire today?

Alright, I found the plan document, which states: FORMER EMPLOYEES Participants who leave employment have the following options for assets in the 403(b) Plan: • Leave the assets in the Plan if the Plan balance totals at least $2,000, subject to minimum required distribution rules. Although particip...
by cherijoh
Sun Oct 29, 2017 9:59 am
Forum: Personal Consumer Issues
Topic: European Tours
Replies: 67
Views: 3177

Re: European Tours

what we have found works for us is to use a group tour and then reading/using Rick Steve's guidebook(s) for preparation and trip supplement. we have used Globus before on several trips and have had a good experience. Rick Steves has some TV videos available, and we found those terrific for giving a...
by cherijoh
Sun Oct 29, 2017 9:48 am
Forum: Personal Consumer Issues
Topic: European Tours
Replies: 67
Views: 3177

Re: European Tours

I haven't started many threads, hopefully I'll be forgiven one that is more consumer oriented than investing oriented. 2018 will be our 30th wedding anniversary. I would like to take my wife to Europe to celebrate it. I wouldn't say we are rubes, but we aren't exactly world travelers, either. Rathe...
by cherijoh
Sat Oct 28, 2017 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire today?
Replies: 132
Views: 7663

Re: Can I retire today?

A little unrelated, but I feel the need for a quick shout out to the book The Millionaire Next Door, particularly the part that advises against buying in a prestige neighborhood. Several colleagues bought in those areas. One started his own business, and now has a second house and seems to be doing...
by cherijoh
Sat Oct 28, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire today?
Replies: 132
Views: 7663

Re: Can I retire today?

The only thing I can think is that perhaps you should consider Roth conversions of that tax deferred money up to the top of the 15% bracket until SS kicks in and your tax bracket may go up. If the OP had more in taxable that would have been my recommendation too. But at 58, OP is not eligible for p...
by cherijoh
Fri Oct 27, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire today?
Replies: 132
Views: 7663

Re: Can I retire today?

The only thing I can think is that perhaps you should consider Roth conversions of that tax deferred money up to the top of the 15% bracket until SS kicks in and your tax bracket may go up. If the OP had more in taxable that would have been my recommendation too. But at 58, OP is not eligible for p...
by cherijoh
Fri Oct 27, 2017 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire today?
Replies: 132
Views: 7663

Re: Can I retire today?

FraggleRock wrote:
Fri Oct 27, 2017 5:16 pm
Teague wrote:
Fri Oct 27, 2017 4:19 pm
Assume all assets are 35% S&P 500, 65% intermediate bond fund
I think, at your age, should be: 80% stocks and 20% cash.
You are joking right? Anyone who is retiring now should NOT be at 80% stock.
by cherijoh
Fri Oct 27, 2017 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Maximum Limit
Replies: 15
Views: 1512

Re: 401K Maximum Limit

Looks like 401k maximum limit through employment is $18K for 2017. I have been contributing maximum allowed 25% contribution and hit the maximum employee contribution limit of $18K in October. My company matches dollar for dollar up to 7%. Does this mean 7% company contribution will stop since I hi...
by cherijoh
Fri Oct 27, 2017 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Pay lump sum to get rid of PMI?
Replies: 13
Views: 1549

Re: Pay lump sum to get rid of PMI?

Lump sum needed to get rid of PMI is about 24k. If I do nothing the PMI will drop of in July 2022, adds up to about additional of $6.5k in pmi payment between now and then. So spend the 24k and save 6.5k is a no brainer right? Hopefully I'll be able to re-coop the 24k when I sell the condo. Assume ...
by cherijoh
Thu Oct 26, 2017 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to get interview/ strange turn, what to think?
Replies: 19
Views: 2434

Re: What would you do to get an interview?

Just about every job I have ever gotten has been the result of a referral of some sort rather than the normal process of blindly submitting a cover letter and resume in response to a job posting. Job postings are good for identifying target companies and figuring out who is hiring, but that's about ...
by cherijoh
Thu Oct 26, 2017 7:55 pm
Forum: Investing - Theory, News & General
Topic: Emotional impact of spending down assets?
Replies: 100
Views: 10030

Re: Emotional impact of spending down assets?

Ron Scott, Sandtrap, et al....give it up on helping your octogenarians. We in our 80s and 90s are The Depression era kids. We will do what we want to do, when we want to do it, if we want to do it, and do it cheaply if we do it at all. My mom has been gone 11 years and this thread really makes me t...
by cherijoh
Thu Oct 26, 2017 5:17 pm
Forum: Personal Consumer Issues
Topic: Fix or replace my vehicle
Replies: 33
Views: 1556

Re: Fix or replace my vehicle

OK Bogleheads, I think I need a different vehicle but I'm feeling a bit guilty about spending the money. Wanted to see what your thoughts were. Current car: 18 year old SUV. 215,000 miles. Primary commuting vehicle for me. Required servicing: New struts ($1100) New wheel bearing ($120) New tires ($...
by cherijoh
Thu Oct 26, 2017 5:13 pm
Forum: Personal Consumer Issues
Topic: Excel Warning Message
Replies: 9
Views: 1353

Re: Excel Warning Message

Probably because it is very easy to determine when a reference is to a cell outside the current workbook. That is a natural, fixed definition of "external". What you would consider an "external" link probably can't be referenced directly anyway. I think the workbook has to reside somewhere that you ...
by cherijoh
Wed Oct 25, 2017 8:05 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime customers can now give Amazon access to their home
Replies: 51
Views: 4115

Re: Amazon Prime customers can now give Amazon access to their home

telemark wrote:
Wed Oct 25, 2017 2:59 pm
Given the track record of the carriers in my area, they'd probably leave it in the wrong house.
+1
by cherijoh
Wed Oct 25, 2017 7:59 pm
Forum: Personal Consumer Issues
Topic: Package addresssed to my address, someone else's name, on house I am selling
Replies: 35
Views: 2723

Re: Package addresssed to my address, someone else's name, on house I am selling

Sometimes it seems as if this forum tends to view everything within the framework of it being identity theft or another type of scam. Most people make mistakes on a daily basis. True, there is a tendency to be cautious in this forum. Then again, I have never received a package addressed to a comple...
by cherijoh
Wed Oct 25, 2017 5:55 pm
Forum: Personal Consumer Issues
Topic: Planing Europe trip during Christmas, Eurorail pass or car rental
Replies: 16
Views: 854

Re: Planing Europe trip during Christmas, Eurorail pass or car rental

I am trying to use the over nite sleeper train to avoid finding hotel. leave late in the evening and arrive morning at city center to explore the new place. Find a looker at train station. I would probably need a pocket wifi so I can book next trip on the train. I wouldn't recommend waiting until t...
by cherijoh
Wed Oct 25, 2017 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA at Vanguard throwing an error
Replies: 5
Views: 350

Re: Backdoor Roth IRA at Vanguard throwing an error

Hi All, Anybody see the error “ The amount you entered exceeds the fund’s balance ” on Vanguard? Background: It’s been three years since (DW and) I did a Backdoor Roth IRA and admittedly I am out of practice. In the meantime, some of Vanguard’s screens and processes may have changed. To do a backdo...