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62 &1 week to go.
Old 04-03-2018, 02:03 PM   #1
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62 &1 week to go.

Greetings all. Just signed up today. Our wealth is parked, 600,000 and we are zero debt. In a few years DW will get 140,000 in taxable and 150,000 in cash.

For now trying to find a place for the 600 and pull 4-5% yr. w/ a little growth.
Someone mentioned Target 2015/2020 50-50 as a set it forget it? Opinions?

Will post the same in Investor forum. Great to be here with your community!!!
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Old 04-03-2018, 02:05 PM   #2
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How much of the 600 is taxable? tax-deferred (401k, 403b, tIRA)? tax-free (Roths or HSAs)?
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Old 04-03-2018, 02:25 PM   #3
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Will post the same in Investor forum. Great to be here with your community!!!
No need to duplicate. It will be deleted by the mods.

You can get your questions addressed here.
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Old 04-03-2018, 03:05 PM   #4
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Have you run your numbers through Firecalc with a 5% WR?
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Old 04-03-2018, 06:16 PM   #5
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Originally Posted by ToneGod View Post
Greetings all. Just signed up today. Our wealth is parked, 600,000 and we are zero debt. In a few years DW will get 140,000 in taxable and 150,000 in cash.

For now trying to find a place for the 600 and pull 4-5% yr. w/ a little growth.
No growth, but if you wait until Dec., you may be getting close to that 4% in 5 year CD's, or 10 year treasuries....
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Old 04-03-2018, 06:17 PM   #6
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Welcome, BTW.
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Old 04-03-2018, 06:24 PM   #7
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Old 04-03-2018, 10:23 PM   #8
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Do you have a pension or anything besides that or just SS? Do you have a plan for health insurance?
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Old 04-04-2018, 04:22 AM   #9
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Someone mentioned Target 2015/2020 50-50 as a set it forget it? Opinions?
No. They will steadily reduce the equity allocation. You probably need to at least keep it 50/50.
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Old 04-04-2018, 04:54 AM   #10
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I manage my parents investments and they have done relatively well in the Fidelity 2010 fund over the long term. It's a little more conservative than your choices but I tend to gravitate to a more conservative allocation.

My "sleep at night" allocation is:

1/3 CD's and Cash
1/3 vanguard Wellesley
1/3 Fidelity Four in one Fund

I do have a $2,600 pension per month that starts in 32 months and am easily living off the CDs and cash until my pension starts.

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Old 04-04-2018, 05:03 AM   #11
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That's a pretty high withdrawal rate. Can you ratchet back if it becomes necessary?


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Old 04-04-2018, 06:03 AM   #12
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62 & 1 week to go

How much of the 600 is taxable? tax-deferred (401k, 403b, tIRA)? tax-free (Roths or HSAs)?

It is taxable 401k that I will roll to IRA. 4% a common rate from what I've read. I have a little hobby for spending money and can work part time and take 2% if there's a crash. Wife on MC already so I'll either do cobra $510 or the market at $280 high deductible. Not sure yet ...$390 single now.
No state income tax. Running the numbers Ill have 300-500 a month extra.
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Old 04-04-2018, 09:47 AM   #13
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Quote:
Originally Posted by ToneGod View Post
Greetings all. Just signed up today. Our wealth is parked, 600,000 and we are zero debt. In a few years DW will get 140,000 in taxable and 150,000 in cash.

For now trying to find a place for the 600 and pull 4-5% yr. w/ a little growth.
Someone mentioned Target 2015/2020 50-50 as a set it forget it? Opinions?

Will post the same in Investor forum. Great to be here with your community!!!
To clarify, the $140k + $150k is anticipated inheritance and accounts for ~ 1/3 of your planned portfolio - correct?

-gauss
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Old 04-04-2018, 09:53 AM   #14
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I hope the inheritance occurs, but I'd not base my retirement on it.
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Old 04-05-2018, 06:06 AM   #15
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Yes although we have not researched how to invest the cash portion.
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Old 04-05-2018, 06:09 AM   #16
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I agree on the inheritance. A portion could be used up and we've factored that in.
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Old 04-05-2018, 01:26 PM   #17
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Quote:
Originally Posted by ToneGod View Post
How much of the 600 is taxable? tax-deferred (401k, 403b, tIRA)? tax-free (Roths or HSAs)?

It is taxable 401k that I will roll to IRA. 4% a common rate from what I've read. I have a little hobby for spending money and can work part time and take 2% if there's a crash. Wife on MC already so I'll either do cobra $510 or the market at $280 high deductible. Not sure yet ...$390 single now.
No state income tax. Running the numbers Ill have 300-500 a month extra.
If you want easy, you could open an IRA at Vanguard and put the money in their LifeStrategy Moderate Growth Fund.... a 60% stocks/40% bonds fund that has a good track record and a 0.13% expense ratio.

https://personal.vanguard.com/us/fun...ect=true#tab=0
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