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Wow you came up with that fast lol. Anyway why save for retirement when you can just be a FA and have 3-4 clients with the account balance you should have saved yourself? LOL

It takes out the advisor fee from your account. But anyway the point is the advisor comes out good because of compounding. In 70 years or less you've sacrificed over 50% of your total account. This of course assumes both accounts earn the same and are taxed the same.

Bet you guys don't know this. If you pay a advisor 1% and he/she takes the 1% and invests it each year and you don't withdraw a dime the FA will have more $$ than you in 70 years. Assumes 8% return for both accounts (Year #) (Investor's account) (Total Addition) (Advisor Fee$ AUM) (Advisor's...

I retired early and am 48. 92% of my portfolio is in taxable accounts. 8% is in a IRA. Over the years I have sold tax lots that result in losses first or lowest gains first. But now basically all stock "lots" have huge gains of at least 300% so anything I rebalance is going to be taxed...

I don't think it is a problem if your credit is ok. Your credit limit 'might' go down if you had to tell them your income to apply for another card. Your retirement income is your income listed and it helps to not have any house payment.

It is a .08 (.12 vs .20) difference and yes you need to have the funds with Vanguard. There is also no trading fees with a Vanguard account/Vanguard funds

If you have more than $50k you should be in the admiral version of this fund VWIUX

Thanks for the replies. I retired several years ago and used a starting SWR of about 3% (or less) of my starting portfolio value adjusted yearly for CPI. Up till now I have always included taxes in my annual spending. So when encountering a once every 5-10 year unusual large tax bill I was...

OK so I'm 45 and ERd. I have large stock positions with large capital gains. My cap gains rate is 23.8%. Usually I count all spending including taxes in my SWR. But if I sell a large amount of stock to rebalance, my taxes could be a large amount. How should I account for taxes if I have a...

My opinion - I believe the estate tax exemption and the gift tax exemption are the same tax. So in your example the final $1 million would all be subject to the estate/gift tax. You have a $1 million lifetime bucket as of next year with no law changes. Yearly gift exclutions are currently $13k...

Yes the numbers are a 6 year total sorry for the confusion

I'm 41 years old and I retired at 35. Lucky I know. I have a well diversified portfolio mainly of ETF's and Vanguard funds. What is bugging me is that even though my portfolio is up a nominal (after withdrawal) amount of 2.42% my REAL return I have calculated is -10.15%. I base my...

Someone correct me if I'm wrong because I'm not a expert on annuities but here are my issues with them. In my state (Varies) the state only guarantees 100k of the annuity. So if I had a 700k annuity and the insurer went under I am out of luck on 600k. Too much risk for me. Annuities give...

This is a lot more reasonable. Guessing your taxes to be around $15-20k on your investment dividends and interest that puts you at 115-120k. Also you need to figure out your investment expenses (Expense Ratio) on your entire portfolio. If this is fairly low (< .40%) you should be ok. If you...

I am in a similar position and I have decided to go the more conservative route since I am 40 and retired. While the 4% withdrawal rate may work for you I think you need to include all taxes in the 4% and I believe all investent fees as well. This would be the best case scenario. So $128k...

Yes exactly. 20-30k debt due to company I worked for going under at age 25 with no warning. My formula was. - I had to make my business work my family relied on me there was no backup. I'm old fashioned and I never made my wife work and she chose not to and raise our family instead. - We...

Here's my brief story. I dropped out of college and worked 2 jobs at age 18. I worked in retail during my early 20's. Mid 20's I worked for a place that went bankrupt and left me unemployed and they owed me over $5500 in back pay & expenses. This left me and my family in a terrible financial...

It would be impossible for me to be in the 0% tax bracket unless I went to 96% equities as my tax-advantaged is only 4% of my portfolio and they were maxed out during my working years. I would be lucky to retire at 65 if I relied on just tax-sheltered. Nothing wrong with tax-sheltered accounts...

To retire really early you can throw tax-advantaged accounts out the window. I ER'd at 35 and I'm now 40. I use muni's to get rid of AMT on my taxes and get my taxable income down to the 25% bracket. The Vangaurd munis have been a good yield this year IMO. To really ER (before 50) you need to...

This fund would give you a tax equivalent yield of 4.325% - 5.13% based on you being married filing jointly in the 15% tax bracket Income of (16,700-67,900 for 2009) with state taxes of 5.3 %. The range is based on SEC yield and distribution yield on the fund. Since it is a 9.5 year average...

I retired at age 35 - 5 years ago so I have a little insight. First it appears you are pretty thin on the taxable accounts for your early retirement. I would want quite a bit more there. Second I would reduce the 4% withdrawal rate to no more than 3.5% at age 45-50 because of longer...

For the cash portion of my portfolio I am looking to add global bonds? Anyone have a opinion on IGOV ?? I have about 2M in cash assets in the following items so far: CD's & Money markets 56% of cash avg 3.14% avg yield Treasury Bonds directly invested at Treasury Direct - 16% of cash and...

Local bank quoted me 30 year 4.375 w/1 point buydown /no origination last week. 4.5x something was standard rate I have no earned income just rents/interest/dividends in the 300k range. Think they will hassle me? 800+ credit

Sorry it was a effective tax rate not bracket. I get hit with about 40k taxes on 250-300k of adjusted income which has about 7k AMT.

Ok so I'm 40 yo and I am basically retired with about 2X the amount of retirement income I need coming in from interest, dividends and rents. I currently own several properties all mortgage free. I currently can get a 4.375% 30 year fixed loan on my residence which is worth 500k. A loan would be...