Personal Investments • Re: Wife In Hospice Care, Should We Take Remaining RMD?`
Wouldn’t taking it now would allow filing under married status and a lower tax rate.There will be no difference if he takes it now or in December.Statistics: Posted by toddthebod — Wed Aug 28, 2024...
View ArticlePersonal Investments • Re: Retirement Plan Assistance Request
1) Yes.He can retire tomorrow, if she really is going to work 13 more years while he is retired.You have $200k expenses, but will have $140k from her work, so you need $60k from $5.6M, that’s a 1.1%...
View ArticlePersonal Investments • Re: Rebalance threshold
I rebalance annually regardless of the band deviation.Statistics: Posted by well9boy9 — Wed Aug 28, 2024 11:34 pm
View ArticlePersonal Investments • Re: instructions or experience with building a TIPS...
tipsladder.com will give you the quantity you need to get the dollar amount you want to get back per year in principal plus interest.Generally TIPS are best held in tax deferred. If you have money in...
View ArticlePersonal Investments • Re: Considerations at retirement
OP,1) What is your overall asset allocation? Please add up the numbers.2) Please confirm your current annual expense using the following formula.Gross income = annual expense + annual...
View ArticlePersonal Investments • Re: Help with existing 401k Choices
So not a good choice for fixed income investing.For sure! Definitely a “yikes” finding. Thank you again for the pointers.Statistics: Posted by draco159 — Thu Aug 29, 2024 10:19 pm
View ArticlePersonal Investments • Re: Opinions on this advice about managed funds?
Thanks all, again. You've confirmed my hunches and given some good tips. The index fund strategy was something I'd read a lot about here, and in JB Quinn's book, though she didn't call it by that...
View ArticleClik here to view.
Personal Investments • 24-Year-Olds High-Stakes Portfolio: Am I Betting Too...
Emergency funds: 10k yesDebt: 0Tax Filing Status: SingleTax Rate: 22% Federal, 5.7% StateState of Residence: VAAge: 24Desired Asset allocation: 100% stocks / 0% bondsDesired International allocation:...
View ArticlePersonal Investments • Re: Roth IRA or leave it in Taxable? A Wonky Thought...
If the dividend yield is 1.5%, all qualified, then leaving the money in taxable will cost 0.23% per year. If this lasts 30 years, you will lose 7% in taxes compared to the 30 years of tax-free growth....
View ArticlePersonal Investments • Re: Anyone Glad they took Social Security Early?
The market has done so well the last several years that everyone who took it early looks like a genius. Taking it late protects the downside. Taking it early increases the upside.Yes but that doesn't...
View ArticlePersonal Investments • Re: Rules for non-spouse beneficaries of Inherited...
If distributions are made, are they taxed? Assume the 5 year rules have been satisfied.Statistics: Posted by RCL — Thu Aug 29, 2024 11:49 pm
View ArticlePersonal Investments • Re: at Fidelity - CMA or Brokerage?
I still use both. CMA for ATMs and normal brokerage for margin. I don't use margin for leverage but it makes transactions easier as I can place orders without cash in the account and then settle it up...
View ArticlePersonal Investments • Name change on Social Security number
Folks,If you do a name change on your social security number, do you need to update all your financial accounts?Thanks in advance.KlangFoolStatistics: Posted by KlangFool — Fri Aug 30, 2024 11:03 pm
View ArticlePersonal Investments • Re: Name change on Social Security number
Folks,If you do a name change on your social security number, do you need to update all your financial accounts?Thanks in advance.KlangFoolIf you are changing your legal name, then you probably...
View ArticlePersonal Investments • Is it necessary to update name on your social security?
Folks,When I first came to the USA, I registered my social security asMiddle First LastnameWhen I received my US citizenship, I fixed my name correctly asFirst Middle LastnameSo, I have all my...
View ArticlePersonal Investments • Re: Is This a Realisitc Way To Model Tax-Deferred...
Realistically it's likely you'll incur cap gains to pay taxes from a taxable account (especially since to maintain your asset allocation you'll probably have to pull equities from somewhere, otherwise...
View ArticlePersonal Investments • Re: Roth vs brokerage valuation determination
Hey all, in administering my mom’s estate, my sister and I inherited a $120k Roth that we split. My brother wasn’t listed as a beneficiary because he owes the estate a lot of money, and mom didn’t...
View ArticlePersonal Investments • Re: CD/treasury alternatives due to fed rate cuts
I have a good chunk of money sat aside for a cash home purchase when the time is right. The ~5% interest from CDs and short term treasuries has been really nice, but I suspect those days are numbered...
View ArticlePersonal Investments • Re: How to prevent [avoid being hit with] capital...
For various reasons I need to completely avoid, or at least dramatically reduce my risk of capital gains distributions.I keep all my money in Vanguard. I’m also wondering if there’s a way to predict...
View ArticlePersonal Investments • Re: Anyone use DAFFY for DAF (Donor Advised Fund)
Pros and cons to both - I find donating crypto and making quick donations to be much better with DaffyIs donating cryptocurrency as easy as just sending to a wallet address they give you? That's what...
View Article