Recent content by EarlyBirdly

She gets it. Exactly. Thanks Audrey

Oh, I understand exactly what I was asking. As well, I never ask questions unless I already have the answers. When the same question, worded almost identically, was asked in a different venue the answers were quite clear and concise. Sorry for any confusion and, Good Luck to All.

Never said I had great reading comprehension. Scrabble does. No "stealth change". Original post mentioned 401K/IRA and never asked a thing about taxes. Ya'll have a good day ! Pretty sure I've learned all I need to know after this posting.... :)

^^^ WHEW!^^^ Tired now. So tired... Think I'll go try and bench that 350 now. Should be easier. :) Embrace The Madness, B1-RD

Somewhat analogous answer : " It doesn't matter, you're going to eat the damn pizza anyway and it tastes the same either way!"

Analogous sample conversation: " When you make a pepperoni pizza do you prefer to layer the cheese first and then pepperoni or, pepperoni first then layered with cheese? " " I use a gluten free crust and make sure the tomatoes are fresh Marzano's. This then is baked at 462 degrees ( I never...

Well....someone got it, and answered the question rather succinctly I might add. Let's all raise a hearty toast to Scrabbler1 !! Apparently his Scrabble skills are of Ninja Like Quality and translate directly to his understanding of the subtleties of the English Language. In the future I...

Where did I mention taxes? Intention: Income .

Awarded 100 pts. for reading comprehension skills ! Also correctly stated as regards taxes ( even though I never mentioned taxes initially ). As well, there are no Capital Gains Taxes on distributions from Tax Deferred accounts such as an 401k/IRA. ( Which is why that was not part of my...

BINGO. That's about what I was looking for. Capital Gains are not a big deal as regards taxes as these funds are in an IRA's/401k's.

I will elaborate so as to make a simple question much more complicated... :) Currently, and for the next several years, I reinvest both Dividends and Capital gains. When I am no longer drawing down taxable accounts, and would like to be generating income from an IRA, I am looking at taking...

Reinvesting.... or taking ( key word ) Distributions to generate monthly/annual income.

What is the prevailing attitude here on income strategy within a 401k/IRA as regards Dividends/Capital Gains distributions ? Do you prefer to take one, the other, or both ? Discuss. E.B.

" I'm already finding that the advisor isn't that helpful. Actually the opposite, because he's now made DH worry we aren't on track! " Well then, he does his job well doesn't he ? Sow the seeds of doubt and wait for the returns. As an acquaintance once said to me, " Wow..I would hate to...

Absolutely agree. It amazes and saddens me that most have no ability to grasp this very simple concept. Most retirement calculators use the income replacement farce and really mess up those who don't have an inherent understanding of their own finances. They then become confused, doubt their...