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I am relocating and want to have about 2 months of overlap in ownership of my current and new home. The home I am selling has no mortgage and should net around 450k. The home I am buying will require about 400k at closing (I have already paid 20% down on the new home). Is a HELOC the way to...

DW and I were late to the game when it came to doing our Roth conversions. If it were not for the great people here we probably would have never started and we would still be reveling in paying little or no federal income tax. We have been doing some small conversions (25k to 35k) for the...

This morning I tried to do an online Roth [-]rollover[/-] conversion from my 401k Rollover IRA to my existing Roth account at Vanguard. When electing to have taxes withheld, a different than usual series of online forms must be completed. I got to the point where I entered the percentage of...

I patiently waited until I was 70 to file for my SS benefits. Ran all the calculators to get an estimate based on my earnings and the number always came out to 3962 per month (PIA = 3001.60 * 1.32). Pretty simple. Checked my MySocialSecurity account yesterday and it shows my benefit to be 3692...

Back in 2018 DW filed for her reduced SS benefit (she was 63) and I filed for spousal benefits since I decided to wait until I was 70 to start receiving mine. This year, I will turn 70 in May so I will be applying for my full benefits and DW will change over to receiving spousal benefits (her...

In 2018 the wife decided she wanted to start taking her social security early (at age 63). Along with her doing that, I filed for spousal benefits. Neither one of us have had any earned income since 2015. Mid 2022 I will turn 70 and we will switch - I will file for my full benefits and she...

Currently, DW and I live off of our Social Security, dividends from our taxable accounts, interest, and sale of funds from our taxable accounts. Soon I will start taking RMDs which, along with our Social Security will exceed our annual expenses. My question is simple (I think): When I start...

I have finished my 2020 taxes using TurboTax and I am now looking at optimizing my future IRA to Roth rollovers using my 2020 return as a baseline. While plugging different numbers for the rollover amount (changing no other entries) I have found something I didn't expect... - For values from...

For tax year 2020, I used EFTPS to make quarterly tax payments. I am now starting to collect my tax documents in preparation for filing my taxes and am wondering what document(s) EFTPS provides that shows how much I paid to them. I looked on their website but couldn't find anything.

I am using TurboTax 2019 to do a little what-if look ahead for 2020 and I am seeing something odd that I hope someone can help me understand. I have entered into TurboTax all of my 2020 estimates for interest, dividends, and Social Security. No capital gains as I will be withdrawing from my...

Is there a way to determine how much of the dividends I have received for 2019 will be Qualified? I know this information will be provided when I get my 1099-DIV in January, but I would like to know what my Qualified Dividends will be today. Thanks, Bill

It's been a while since I've been here but I am back now, fully retired and about to start living off of my investments. Up until now, I have been living off of minimal income form part time jobs and money in a savings account. It is now time to start selling investments for my living expenses...

I am estimating that next year, when I file my federal tax form, my taxable income, after standard deductions and personal exemptions have been taken into account, will be NEGATIVE $13,000. Given that for 2009 a taxable income of $10,000 has zero tax due and assuming this will be the same for...

You call your Life's Good t-shirt a dress shirt.

It's been a long time coming but I have finally made it to ER. I have been mostly lurking on these forums for a long time and have gained a lot of knowledge as a result of doing so. This forum has also been one of my big inspirations to RE. Thanks to all for that. Last February (2008) I...

Soon, we (spouse & I) will be applying for health insurance in preparation for early retirement. A couple of questions: 1. Will we apply together and get a single policy that covers both of us or will we apply separately, each receiving our own independent policy? 2. If we have a single...

This July, my company 401(k) plan will allow us to purchase almost any mutual we fund we want via a brokerage account. I called Vanguard to determine how investments in Vanguard funds would be handled when I roll over from a 401(k) to a Rollover IRA at retirement. The answer was that an...

Individual healthcare insurance is my biggest unknown in my RE planning. I have talked with several insurance brokers and all of them indicate I should not apply until about 2 months before I need the insurance. The problem is, that is too late to find out that the only insurance I can get is...

I pretty sure I need some help... In early 2006 I sold some shares of one of my Vanguard funds to purchase other Vanguard funds. Now that it is tax time, I THINK I want to specify specific lots to maximize my losses so as to offset other capital gains. The bookkeeping issue is not a problem...

In the "How is it Invested" tab of the advanced version, the entry for expense ratio does not seem to affect the outcome if the "mixed portfolio" option is selected. Am I doing something wrong?

While we seem to be on the subject of obtaining private health insurance, here is a question I’d like to get some feedback on from those of you that have some experience with it... What types of “minor” conditions cause an insurance company to reject or your application or increase the premiums...

When I retire I will roll my company 401(k) over to a Vanguard IRA. I plan to start receiving Social Security benefits as soon as I can (62 years). There are a couple of issues with reduction of SS benefits and taxation of SS benefits that I am trying to get straight so, here are my questions...

Hello all. I am a new member of this forum and I have come seeking knowledge of the many new things coming as I approach retirement (hopefully in 12 to 18 months if all goes per plan). I believe that many of the people reading this likely fit into the category of “expert by experience” and I...