Personal Investments • Retirement Planning - Target Date Funds
At the moment my retirement investments are spread over two different "2050" funds. (For any who are unfamiliar, these "target date" funds slowly grow more conservative as you get closer to your...
View ArticlePersonal Investments • Roth 401k fees
Hi all! My employer Roth 401k retirement plan charges a flat fee of $6 a year plus 0.11% a yr of the total balance. Is this reasonable or should I run to my IRA? They do not offer a match but I am...
View ArticleInvesting - Theory, News & General • Argument against people that say...
My brother in law and I got to talking about Las Vegas and sports gambling. And then it transitioned off to the stock market.He said he was listening to a famous sports gambler (I cannot recall his...
View ArticleInvesting - Theory, News & General • Age 60+ AND retired? What's your...
I know the AA question has been asked before. But I'm asking again to focus on those who are ages 60+ and retired. If you'd like to comment on any or all the bullets below..What are your / spouse...
View ArticlePersonal Finance (Not Investing) • Putting in two weeks notice same day as...
Assuming I have direct deposit, is it safe to quit the same day i see my annual bonus payment in my bank account?Thanks!Statistics: Posted by loganvonstrangle — Thu Mar 07, 2024 8:10 pm — Replies 17 —...
View ArticlePersonal Finance (Not Investing) • feeling stuck with kid expenses and this...
Hi FolksWe have a 19 month old little boy and are trying for number 2 currently. It has become painfully obvious that I cannot keep the level of funding in our retirement accounts that we are...
View ArticlePersonal Finance (Not Investing) • Promotion to the next level. How does it...
Would appreciate your experiences and perspectives.I have been in my current role as a senior manager for 5 years. Approached my supervisor about a bump to next level( director). He spoke positively...
View ArticleInvesting - Theory, News & General • Question on margin interest in...
As an example, margin interest = $100,000, short-term capital gains = $120,000. So $20,000 short-term capital gains taxed as ordinary income, right?Continue with the example, single filer Schedule A...
View ArticlePersonal Investments • Fidelity advice
Some of my investments are at Fidelity, most are at Vanguard.Fidelity representatives called me and my wife over and over again, including 4 times last week, wanting to talk about my investments. I...
View ArticlePersonal Finance (Not Investing) • Recharacterize trad IRA when income...
Both DW and I have already contributed to traditional IRAs for the 2023 tax year. While filling out the tax form, I discovered that our income exceeded the deduction limit for traditional IRAs. Had I...
View ArticlePersonal Investments • 16 yr old - how can I best take on high risk?
I have a 50 year time horizon so it is safe to say I am not at all worried about short-term risk. I want to take advantage of my youth to assist my returns since I have such an enormous amount of time...
View ArticlePersonal Finance (Not Investing) • Filing 2023 tax return while 2022/2021...
Hi,I'm looking for some advices while I'm preparing 2023 tax year return.I just have filed 2022/2021 amended return after finding I haven't reported 8606 forms for my Backdoor Roth IRA conversion in...
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Personal Finance (Not Investing) • HR&R Block filing 2022 Amended Return...
I'm trying to complete a 1040-X. The amount of the excess contribution was $2245 which was returned in 2023. I notice that the 1040-X form uses the Schedule D method to determine the tax due. What...
View ArticlePersonal Finance (Not Investing) • Help w 2023 Taxes - Recharacterization...
Thanks for your help.Filing my 2023 taxes. First year dealing with backdoor. Do not have a previous Form 8606.I contributed to a Roth between 1/1/2022 and 12/31/2022, for tax year 2022. Realized I was...
View ArticlePersonal Finance (Not Investing) • Contributions to tax-deferred or roth...
Hello,I'm a regular guy and need some actionable advice. Here's my situation:Age: will be 59 in 2 monthsSingle guy with two dogsPlan to retire in 3 years at age 62, but might stay until 65 since I...
View ArticlePersonal Finance (Not Investing) • RMD questions
I am a few years away from RMDs. I have to start at 73 with a birthday in November of 2029. I understand I could push it back to 2030and take two RMDs that year but that is not my plan. I would use my...
View ArticlePersonal Finance (Not Investing) • Entering Fixed Income into Firecalc
I am unsure how to enter fixed income into firecalc. I'm looking at both the Total Market and Mixed Portfolio options, and I am not sure how to enter it in either case. I have domestic Total Bond...
View ArticleInvesting - Theory, News & General • Social security approval
Not disability.Once an online application is complete, how long does approval of social security take? Do they email you or does payment just appear in the bank?Thank you.Statistics: Posted by...
View ArticlePersonal Finance (Not Investing) • Projecting FI number. How much to add for...
Trying to determine our FI target number but I need to account for health insurance and taxes. I have some idea about our taxes using tax brackets, but no idea about health insurance between...
View ArticlePersonal Investments • Wife's New Job, Expensive Funds
Wife is switching jobs from being a physician with a private company to The City of Los Angeles. Emergency funds: 3 monthsDebt: Mortgage and about 140k in student loans(paying off in the next year)...
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