Recent content by Badger19

Norton Norton 360 suite covers all my devices for threats and includes a great password vault called Identity Safe. You need to remember 1 key password (I use a short, easy to remember phrase). It's pretty good at inserting usernames and passwords if you let it. It will store a url and open it...

Other considerations We retired at 59.5, sold our large home and moved into our vacation home. Used that cash to fund conversions for 4 years to supplement our workplace Roths. We will now scale conversion back to avoid significant IRMAA multiples. Legislation that lowered Federal marginal tax...

We retired at 59.5, sold our large home and moved into our vacation home. Used that cash to fund conversions for 4 years to supplement our workplace Roths. We will now scale conversion back to avoid significant IRMAA multiples. Legislation that lowered Federal marginal tax rates expires in 2...

Debt free for 8 years with 2 homes. Sold one at retirement 3 years ago. Used proceeds to preserve retirement accounts and do massive Roth conversions. Building new home next year and will sell current property but need $400k more. Preserving Roths. Taxes are untenable with pension income for...

Thank you for your suggestions and experiences. We are building in a town of 10k and GCs build between 6 and 10 new homes per year. We're waiting to start early next spring so we have a summer/fall build. They don't take on more than that to prevent protracted build times. Biggest threat is...

Interesting, I'll take that into consideration. Any thoughts on keeping my Roth impact to $400k by using the sales proceeds from our current property, depending on sale timing?

No, I'll have a GC. Construction estimated at 6 months.

My wife and I are 62, comfortably retired and plan to start building a new home about this time next year. The budget is $700K. We have the money for the construction but it is in traditional and Roth IRAs. We expect our current property, a remote log vacation home on 3 acres, to sell for about...

Good point. As it stands today, 2-3 years of flex.

Thank you all for your perspectives. If one ascribes to the old addage, buy on bad news, sell on good, it would seem now might be an opportunity to still buy, given enough time for good news to lift the markets. I believe their is pent up demand that could provide this lift, when covid and...

As I understand it there are no tax consequences on a primary residence if held at least 2 years which we would eventually meet with the play house. I agree we may not need these proceeds for the future purchase, but pulling a large sum from the tax advantaged accounts would sting a little on...

My wife and I recently retired in our late 50s with 2 homes, one where we worked and one where we played. Having no interest to keep up 2 homes in retirement and with interest in snowbirding with our travel trailer in the winter, we are selling our "work" residence and will net about $325K. We...

If you're going to love, don't love by the gate, because love is blind but the neighbors ain't. If you're not in bed by 10, go home.

Like Cobra, I was looking for a more advantageous departure and transition from my MegaCorp manager career of 36 years. When I was a few years out, I asked about phased retirement, IOW, stepping out of my position to allow them to hire my successor. I would then transition to a part-time job...

Thanks for the advice and perspectives. If our eventual choice would be the single annuity, both my DW and I will both be comfortable with it. In fact, the law requires her to sign off on it. That said, taking the joint option has some huge reductions to consider beyond the $180K as the...