Search results

Ditto. I've been withholding both state and federal taxes this way since I retired (4 years ago). It's convenient and never been and issue when filing.

-10.67% for 2022 with a 49/26/25 stock/bond/cash asset allocation. I am retired and prefer the cash allocation to get me safely on to Social Security in three years.

We didn't realize that there was a state penalty in addition to a federal penalty for early withdrawal from an IRA. It just never dawned on me. The 10% federal penalty is often talked about. A possible state penalty, not so much.

Hypothetically, could one withdraw Roth contributions during the course of the year, penalty free, and then do a t-IRA to Roth conversion upon reaching 59 1/2 to replace the original Roth funds? All to avoid the penalty.

Our ROTH account gained 19.8%, largely equities. Our Traditional IRA came in at 6.44%, mostly bonds, but a handful of equities. Across the two, its roughly a 50/50 balanced portfolio.

For the two of us in 2021: Federal Income Tax: $13,096 State Income Tax: $5,881 Health Premiums: $4,080

We withdraw quarterly and have Fidelity withhold taxes based on our annual forecast. Funds are allocated based on early retirement milestones. Cash getting me to 59 1/2 in a little over a year. TIPs getting me to Social Security at 62. Then remaining t-IRA Index funds getting me to Medicare (DW...

Just asked DW on her preferences since she uses the LG Smart TV the most. For her, its whatever remote she picks up. But the nice thing with Roku is we can get services not available on WebOS like HBOMax. An additional bonus is the grandson has a Roku at home, so he has an easy time...

I reduced from 65/35/0 to 50/25/25 (stocks, bonds, cash) during the early stages of COVID. It was a SWAN move until I get on Social Security and Medicare. No regrets. I'm drawing down the cash position with plans to eliminate it by 65. After that, I'll get more aggressive with stocks, given...

Our legacy will largely be the value of the house and cabin, if we still own them when we pass on. Our investments we hope to grow aggressively mainly for charities, large expenses, or any end of life needs. We let our parents know we didn't expect any inheritance and to spend it down...

The iShares TIPS Bond ETF (TIP) has treated me well for the past several months when compared to the iShares Core U.S. Aggregate Bond ETF (AGG) where I would normally be holding bonds.

Would have chosen Variable Percentage Withdrawal (VPW) if it had been in the poll. Although I don't intend to completely follow it. If I start closing in on my planned departure date, I'll reset and bump the departure date out to something I'm more comfortable with at the time.

Thanks for posting OP. Dug the flimsy card out of the trash bin and processed it. Now we wait.

I agree. Am taking notes on things to try. Some good suggestions. Keep 'em coming. I'd rather go off the opinions here than rely on comments on Amazon or the like.

Any beard oil users or former users out there? Looking for impressions on the value of using it or not. I've had a beard or goatee in one form or another since I was 18. I've been dry shaving with a cartridge razor for ages. When my son learned this, he was like "what are you some kind of...

First full year of retirement here. Came out golden on the Federal side. But this was largely due to having been short changed on the two stimulus checks (based on my pre-retirement salary) and recouping the difference on the tax return. Got dinged a little on state. Didn't realize they too...

Ditto. First two came without a hitch. But no status or deposit of the third, yet.

Amazon Sale on H&R Block + State 2020 Deal H&R Block Tax Software Deluxe + State 2020 with Refund Bonus Offer (Amazon Exclusive) [PC Download] $22.49...

When talking about active funds, are we talking all in one funds or categorized? I invest exclusively in category ETFs...Total US, Total International, Aggregate Bond, Small Cap, etc. I like seeing point in time how the fund is performing (not that I trade excessively). Just me. Instant...

Recent Retiree Ditto that. I retired last December. Perfect timing, eh. But over the last year plus, considering high valuations, I drifted from 60/40 to 50/50. Now at 40/60. That puts me perfectly square with my implementation of a Liability Matching Portfolio. All in all, weathering...

That's basically what we did and I was able to retire at 55 this year. I wouldn't go hog wild. Moderation is the key IMO. I guarantee "future self" will appreciate what "past self" did to make FI and RE possible.

Ytd 14.76%. Aa: 60/40 Equities/Bonds Age: 55 (retired this year)

Awesome! And thank you for your service.

Great suggestion OP. Thanks. I've added that to my financial plan. Now I just have to wait for that doggone magic 59 1/2.

Akin to Walmart, Amazon has the following on sale too... H&R Block Tax Software Deluxe + State 2019 with 4% Refund Bonus Offer [Amazon Exclusive] [PC Download] $24.97