Search results

Variable percentage withdrawal - Bogleheads is where to start, with discussion at Variable Percentage Withdrawal (VPW) - Bogleheads.org. I modified it to be a little more conservative and run it out a few more years, just in case. The WR% increases gradually each year, and the amount can...

When you're in the 28% tax bracket and climbing up the IRMAA tiers once RMDs start, remember that you had a way to dampen your situation but chose not to do much about it. People complain about having to pay taxes now, but look how much money you'll have freed up to use or let grow tax free by...

@old medic, type your post in the white space, not the colored box you are replying to. This way it's clear what you posted, and you can be quoted in a reply. To answer your question, most people do not invest 100% in stocks An 80/20 mix historical returns a bit higher, IIRC. Many people...

I've never thought to use a % of NW or anything like that for a new car once I could afford anything I want. I've generally bought a new car every 7-9 years. I figure out what I need and want, and look at cars that match that, and compare them. I don't mind buying a more expensive car, but...

I lost the best cat in the world last summer. I decided to go without a pet for a little while so I could take a guilt-free extended ski vacation this winter. I was going to start looking after getting back from a trip last weekend, and just before I left a friend posted about an old homeless...

I think I'd put more emphasis on holding less volatile investments in an IRA if yours could take such a hit as to knock you down a tax bracket and would put your retirement in jeopardy. But yeah, things really could go bad and if that happens you wouldn't want to have paid more taxes than...

It depends on why you are paying more in taxes later. If it's because tax rates have increased, there's no correlation with being more wealthy. You may in fact be in that "much worse" situation because you are paying higher taxes when you'd have been better off paying taxes at a lower rate...

So what happens if years 6-10 are bad? Especially if years 1-5 are neutral? My point is that at age 51 SORR isn't over unless those first 5 years are really good, and if you increase cash/bond holdings for years 1-5 you're less likely to get that 6% real return. You still probably have to...

If you need to sell in a down market and all of your bonds are in your IRAs, you can sell stocks in taxable and buy the equivalent amount in one of your IRAs. That way you aren't really selling stocks low, you are just moving them to a new account. You may even be able to do some tax loss...

Ah yeah, that could be a way for it to be. You'll have to excuse me, I just ran a marathon today and it was 80 degrees at the finish. May not be thinking totally clearly. But now that I've downed a Victory Golden Monkey 19.2 oz skull buster with 9.5 ABV I'm sure all is well. Rest assured I am...

I'm trying to figure out how someone can be in the 15% marginal bracket for regular income since that bracket doesn't exist, and the only way you can be in 15% marginal is if you are talking about extra QDivs or LTCGs. Anyway... Unless they have an idea of moving to a lower/no-tax state in...

I generally don't like when interfaces change, because usually some function I use goes away. But the team seems to have done a really good job on this. Any differences seem to be minor. The only thing I don't care so much about is that it takes more scrolling to read a page, probably because...

OK, so it looks like for any old thread (created before the change), the first time you click on it it starts at page 1, post 1. I *think* after that it will take you to the first unread post. For new threads, it takes you to the first unread post.

Maybe. If a busy thread went multiple pages since your last viewing, going to the last page would not be the right page to catch up on all new posts. But like I said it seems to be working right for me.

I don't know. I give myself pretty much free reign to spend what I need to if it will help me get out there and run, walk, ski, or do whatever else to keep fit. Within reason. I'm not going to pay $55K to run 7 marathons in 7 days on 7 continents, but if I want to spend 3-4 nights in Boston to...

Another reason I'll tap the Roth before taxable is that my heirs will get a stepped up basis on taxable assets. I'll spend small gainers in taxable, but I've got a couple of index funds that have about tripled in value. If I don't ever sell them, they grow tax free as effectively as a Roth...

I made a large donation of appreciated stock to a DAF in one year, lumped with anything else I could deduct the last year of the lower standard deduction. Now I do grants from my DAF so that my preferred charities still get their yearly amount from me, but I'm not actually donating anything...

Could be people are just jerking you around, knowing how you feel. I was tempted to, but I try not to troll. I'm 50/50 on this. Maybe the Eagles should be exposed for lip syncing, or maybe you should let people be oblivious to it and enjoy their concerts.

Unless your taxable income is low enough to have 0% tax on some LTCGs, or in the future will be high enough to have IRMAA issues, NIIT, 20% cap gains, etc, I would just sell what you need to each year. The main reason is if it turns out you didn't need the money for your own spending, you...

This just shows why you there isn't just one "net worth" for all situations. For determining when you can retire, or calculating a withdrawal amount using a WR% * NW, you could reduce NW by the taxable amount on unrealized gains, or factoring it into your expenses. Just because it may be...

First, you should try to estimate the tax rate they would have taking the required distributions over 10 years vs the tax rate you are paying now. If their tax burden (rate) is less, wouldn't it be better to let them take the distributions so they can get more money in the end? Second, why...

And nobody here is doing that, just the facts. OP said it was a personal longest walk. However, most through hikers on the AT do at least 11 miles a day week after week, with occasional 0 days in towns.

Same here. But I have a comeback for them. About 12 years ago I had a ski accident and tore my ACL, MCL and meniscus. The surgeon was able to repair the meniscus rather than remove, which I thought was good news for my running. I asked the surgeon afterward if he could tell how much wear I...

It doesn't look like this is the percentile for just people of retirement age. A 25 year old would not be expected to have a net worth that would allow them to retire. I can't even tell if this includes 5 year olds...

It seems like carrying a cane might make you look like more of a target. I'm just remembering my uncle, who was probably around your age at the time, getting mugged at a Chicago train station. He had a cane, and probably was limping after a surgery. I'd guess the muggers (they worked as a...