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I'm 65 and almost all my liquid assets - $3.3M - are behind an IRA. I understand that not paying taxes on it eliminates the tax drag on compounding interest, but I'm getting scared about RMDs in six/seven years. I'm guesstimating (in today's dollars) that at 72 the Feds will assume I'll have...

Hey Buddies My father-in-law died a few weeks ago. He and my Mother-in law: - Live in Los Angeles county - have a $1.1M home; no mortgage - have a taxable $400K account in a Living Trust; mostly stocks/stock funds - He had a $100K IRA - She has a $100K IRA - He was 88; she is 84 - They have...

Yesterday (12/16/15) I nearly swallowed my chewing tobacco when I saw VWIAX dropped 2.84%. Not my first rodeo so I looked at Vanguard's year-end estimated distribution table and saw Wellesley's was 2.4%. https://personal.vanguard.com/us/insights/article/estimated-yearend-distributions-122015...

For, when you are approaching poverty, you make one discovery which outweighs some of the others. You discover boredom and mean complications and the beginnings of hunger, but you also discover the great redeeming feature of poverty: the fact that it annihilates the future. Within certain...

As an aspiring Boglehead I'm a little ashamed to admit I went 100% into cash and short term bond funds today. I retired 37 months ago and am three years into a five year pension payout. I've always maintained a pretty conservative 40/60 portfolio, but with my current nestegg a modest correction...

Broad market was up better than 0.6% today My intermediate term bond fund was down 0.7% I can usually guestimate what Wellesley (40/60) will do based on the broad stock and bond markets - I would have guessed it would be about flat. I realize it isn't meant to precisely track the indices but a...

Greetings 2011'ers! My first day of retirement was one year ago today. I'm now 56 and wife is 52. Finance - We are doing surprisingly well considering the last 12 months have been checkered in the market. We are maybe $2K away from our all-time highest net worth, in spite of our house...

I feel like a dope. I retired on July 1, at which point my healthcare FSA contributions stopped. When I saw FSA continuation was an available COBRA option, I took it. But... why? I no longer receive a paycheck, so my FSA witholding isn't reducing any taxable income. I'm just mailing an FSA...

I retire this July 1 at age 55. Wife is 50 and will continue as a teacher for 5 - 7 more years. Our after-tax annual expenses are about 90K and she takes home about 40K so we need to crack the piggybank for about 50K / year. Lump-sum pension is rolling into a Vanguard IRA. Can't touch that...

Greetings I hope to retire in mid-2011 at age 55. Among the many options for my pension distribution, the two I am considering are the closest I have to a lump sum payout: five year simple (60 monthly payments, unless I die first) or 5 year certain (i.e. if I croak my survivors get the balance...

401(k) plans will have to disclose fees

I'm 54 and will be eligible to retire at 55 next year. 30 years at Megacorp. - Salary = $140K - 401K = $500K (I contribute $22K/yr pretax & $15K/yr after-tax) - $650K house paid off - Wife is 50, makes $75K & can retire at 55 with $30K/yr COLA'd pension & $200K 401K. - SS should be worth...