Personal Finance (Not Investing) • Help with Spousal Inhereted IRA Rules
I suggest he do things in this order: 1. Since HE has an RMD for this year and SHE doesn't, he should first take his RMD. 2. He should merge her tIRAs into his IRA. Now all the money is his (and Uncle...
View ArticleInvesting - Theory, News & General • What's the best non-Vanguard...
I hold nothing but Vanguard ETFs in my rollover IRA at E*Trade, and that has worked fine. But will admit that the only reason I am there is because they paid a hefty signing bonus for opening new...
View ArticlePersonal Consumer Issues • Any recommendation of a book that chronicles the...
great expectationsStatistics: Posted by dunk1234 — Sun Feb 18, 2024 2:16 pm — Replies 94 — Views 7052
View ArticlePersonal Investments • If we are maxing 401k and income limits prevent...
Welcome to the forum!#2 never makes sense to meI think doing backdoor Roth makes more sense than the deductible IRA if you think your salaries will grow to the point you cannot make deductible IRA...
View ArticlePersonal Finance (Not Investing) • Determining the size for a LTC Buffer?
I think aside from the LTCI and the $400,000 in dedicated investable assets, I think in our later 70s it would make sense to find a CCRC and use some of the proceeds from the sale of our home to buy a...
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Investing - Theory, News & General • Taxation of Treasury bills, notes...
So there are no other lines in the TT state income tax worksheets where you can enter additional subtractions? Some else mentioned that this was the case for their state.I do appreciate the...
View ArticleInvesting - Theory, News & General • International (Non-US) versus US...
... I've found a clip on YouTube by James Shack, a smart young retirement planner in the UK which seems to back up my feeling about why having international equities is very useful, particularly for...
View ArticlePersonal Finance (Not Investing) • Share your net worth progression
I started keeping track of our net worth after my residency. Primary residence excluded. 05/23 - 465k (32 yo and about 1 year post residency)12/23- 721k02/24- 836kStatistics: Posted by scx123 — Sun...
View ArticlePersonal Investments • Am I Missing Anything?
1) Gross income is ~$600k. Give or take. Could be higher, could be lower. Around 50% of my compensation is year-end bonus (of which 20% of the bonus is in company stock which vests over 4 years). 2)...
View ArticlePersonal Investments • Planning Future Withdrawals
I don't know enough about SPIA and MYGA to really comment but if you can invest less than $230K and generate your required income stream for eight years, that seems like a better deal (not sure that...
View ArticlePersonal Finance (Not Investing) • Online Tax Software for 25 year old.
I have been asked to recommend an online tax software program for a 25 year old with wage, interest, and a small amount dividends and capital gains. Total income about $55,000. Never done their own...
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Personal Consumer Issues • Brown spots on the inside bottom of the kettle
It's an electric kettle, right? We've been using those exclusively to boil water for what seems like decades. We've bought them as gifts for our parents, and their guest houses and have owned/bought...
View ArticlePersonal Investments • Investment recommendations
Thank you all for this insight! I’m a novice at all of this, so I really appreciate the knowledge you all have shared. I have a lot to think about now! I’m going to look into the bond option and the...
View ArticlePersonal Finance (Not Investing) • 20-30X income, is that the...
I don't see how (or really why) motivation to work is tied to a portfolio number...Setting aside the question of how easily most people can find and get a job that is fulfilling, enriching, and...
View ArticlePersonal Consumer Issues • What Movie Have You Recently Watched?
Leave The World Behind - a 10/10, and this week's news about Putin putting nukes in space to attack our satellites sent a chill down my spine. Now reading the book. This is a must-see movie.Better...
View ArticlePersonal Consumer Issues • Life skills and resources
A lot of people are fortunate to have parents that teach them the basics of things like cooking and laundry/cleaning while they're still living with them.Unfortunately, this is a true. It's both a...
View ArticlePersonal Finance (Not Investing) • Accessing Closed Vanguard Account(s)
I have a similar mystery that I just discovered. About three years ago, I closed a Vanguard Jt Tenants WROS account, transferring all of the assets into a Vanguard Tenants in Common account. I'm still...
View ArticlePersonal Consumer Issues • Older, clean title vehicle or newer rebuilt vehicle?
What are your thoughts about buying a slightly older car versus buying a new car with a rebuilt title? Or getting a newer car with a clean title but high miles?I've been around several rebuilt cars,...
View ArticleInvesting - Theory, News & General • Newbie friendly NPR article...
The 70/30 Swensen model portfolio is a good portfolio for the retail investor in theory if you’re no longer buying any stocks. It has dramatically underperformed a plain vanilla Sandp500 for the past...
View ArticlePersonal Finance (Not Investing) • IRS Tax brackets for Roth Conversion and...
The 2024 IRMAA second tier is AGI of 206-258K. My best guess estimate for tax year 2025 is that the second tier will top out around AGI of 264K but this is just based on my rough conservative guess....
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