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Forum: FIRE and Money 11-10-2020, 01:08 PM
Replies: 86
Views: 10,868
Posted By MasterBlaster
There is an issue with the one-fund VTWAX...

There is an issue with the one-fund VTWAX approach. Since VTWAX foreign holdings are less than 50 PerCent of the total, That fund will not report foreign taxes paid (Box 7 on your 1099 form) even...
Forum: Other topics 10-27-2020, 03:40 PM
Replies: 116
Views: 4,593
Posted By MasterBlaster
Learn the G,C, D chords and how to transition...

Learn the G,C, D chords and how to transition between them and the world is yours. It is amazing how many songs use these 3 chords

Ring of Fire (https://www.youtube.com/watch?v=It7107ELQvY) ...
Forum: FIRE and Money 07-07-2020, 06:01 PM
Replies: 81
Views: 5,178
Posted By MasterBlaster
Sorry for the delay in my response... It's...

Sorry for the delay in my response...

It's not just the income taxes that are affected by Roth conversions. It's also the IRMAA taxes on your Medicare cost. Think of those IRMAA taxes as extra...
Forum: FIRE and Money 07-07-2020, 05:33 PM
Replies: 60
Views: 6,207
Posted By MasterBlaster
Depreciation recapture is taxed by the feds at...

Depreciation recapture is taxed by the feds at 25%.

Then there is whatever your state charges. The total (state depending) could be over 33 percent.

same issue with the remaining capital...
Forum: FIRE and Money 06-02-2020, 03:34 PM
Replies: 81
Views: 5,178
Posted By MasterBlaster
I skimmed this thread and I didn't see the...

I skimmed this thread and I didn't see the mention of this

The other Big reason to spend down the Qualified money (401ks, IRAa) is that once you start taking Medicare you can get hit with...
Forum: FIRE and Money 02-13-2020, 06:06 PM
Replies: 122
Views: 10,292
Posted By MasterBlaster
OK: My post was not meant as a slight on...

OK:

My post was not meant as a slight on anyone. Apologies to anyone who may have been offended.


By the way, I did read through much of Midpacks thread on getting a handle on optimal tax...
Forum: FIRE and Money 02-13-2020, 03:31 PM
Replies: 122
Views: 10,292
Posted By MasterBlaster
No need to be snitty. Converting at 10%...

No need to be snitty.

Converting at 10% marginal works out much better than at 22% - that is true.

That may not be optimal for someone converting at higher marginal rates.
Forum: FIRE and Money 02-13-2020, 12:52 PM
Replies: 122
Views: 10,292
Posted By MasterBlaster
It seems that the issue of average rates paid...

It seems that the issue of average rates paid versus marginal rates isn't quite clear to some of you.

If I take SS and RMDs and other money out. My marginal rate may be 22% but that doesn't mean...
Forum: FIRE and Money 02-11-2020, 07:55 PM
Replies: 122
Views: 10,292
Posted By MasterBlaster
Are you sure that taking money out of a taxable...

Are you sure that taking money out of a taxable IRA to pay conversion to a Roth is a step ahead. You are then paying taxes at the highest marginal rate.

I suppose you lock in the 22% federal tax...
Forum: FIRE and Money 02-11-2020, 04:39 PM
Replies: 122
Views: 10,292
Posted By MasterBlaster
For those of you doing Roth conversions... ...

For those of you doing Roth conversions...


Where do you take the money from to pay the conversion tax. Is it from cash you had sitting around ? Or do you take money out of other investments, pay...
Forum: FIRE and Money 01-10-2020, 10:22 AM
Replies: 2
Views: 783
Posted By MasterBlaster
Couldn't read the article due to paywall. ...

Couldn't read the article due to paywall.

I suspect though that the article does some variant of pointing out financial reality going forward and that work and a workplace brings 3 things that...
Forum: FIRE and Money 01-09-2020, 11:26 AM
Replies: 81
Views: 4,080
Posted By MasterBlaster
The octane calculator at Bazelle Race fuels...

The octane calculator at Bazelle Race fuels suggests that what you posted is NOT true. The calculator suggests that mixing 87 and 91 octane gasoline in equal parts gives exactly 89 octane.

...
Forum: FIRE and Money 01-08-2020, 10:32 AM
Replies: 81
Views: 4,080
Posted By MasterBlaster
Can't help with diesel. Here's the deal why...

Can't help with diesel.

Here's the deal why Tier 1 has measurable better outcomes in many GDI engines.

The GM 3.6 engine is (gasoline) direct injection. With such (improved) engines there is no...
Forum: FIRE and Money 01-07-2020, 05:07 PM
Replies: 81
Views: 4,080
Posted By MasterBlaster
FWIW...The GM 3.6 actually has 3 timing chains....

FWIW...The GM 3.6 actually has 3 timing chains. The issue as I understand it is that the direct injection causes pressure to build in the crankcase that then causes higher than normal oil...
Forum: Technology, Media & e-Gadgets 08-19-2019, 02:55 PM
Replies: 242
Views: 16,398
Posted By MasterBlaster
Tracfone has a $49 promotion this month (August)...

Tracfone has a $49 promotion this month (August) that gives you a year of service plus 1200 minutes, 1200 texts, and 3 GB of data. That would be half of what you normally pay ($100/year).

I,...
Forum: Life after FIRE 04-01-2019, 12:19 PM
Replies: 106
Views: 7,255
Posted By MasterBlaster
Pictures say it best... Before and after...

Pictures say it best...


Before and after retirement !
Forum: FIRE and Money 02-19-2019, 04:57 PM
Replies: 107
Views: 14,292
Posted By MasterBlaster
That blog is wonderful. I spent a day (or two)...

That blog is wonderful. I spent a day (or two) reading everything he wrote. he writes so well and one can really feel his angst and the indignity of modern office work and his quest to escape.

...
Forum: FIRE and Money 05-23-2016, 11:29 AM
Replies: 114
Views: 12,313
Posted By MasterBlaster
There is some "Noise" on the metric. I wouldn't...

There is some "Noise" on the metric. I wouldn't read too much in the 1% difference.
Forum: Young Dreamers 05-23-2016, 11:27 AM
Replies: 11
Views: 2,361
Posted By MasterBlaster
As always, you have to evaluate the good versus...

As always, you have to evaluate the good versus the bad. Make a move if needed.

https://www.youtube.com/watch?v=oGIFublvDes
Forum: Life after FIRE 05-23-2016, 10:54 AM
Replies: 55
Views: 4,217
Posted By MasterBlaster
I downsized my large house to some very...

I downsized my large house to some very affordable housing. Funny though, I was happier in the larger house.

I have attached some photos of the before and after. With the latter I could afford...
Forum: FIRE Related Public Policy 05-23-2016, 10:31 AM
Replies: 56
Views: 5,364
Posted By MasterBlaster
Social Security is the easy fix. What's...

Social Security is the easy fix.


What's your easy fix for Medicare/Medicaid ?
Forum: FIRE and Money 05-23-2016, 10:19 AM
Replies: 17
Views: 2,115
Posted By MasterBlaster
At FRA you can work all you want. Those earnings...

At FRA you can work all you want. Those earnings will then not be subject to a SS penalty. Before FRA you pay a steep penalty to work.

Now, isn't that magic !
Forum: FIRE and Money 05-19-2016, 10:11 AM
Replies: 64
Views: 6,621
Posted By MasterBlaster
What if stocks are flat for the next ten years or...

What if stocks are flat for the next ten years or more ?
Forum: Stock Picking and Market Strategy 05-17-2016, 12:23 PM
Replies: 146
Views: 12,884
Posted By MasterBlaster
Look at it over the last 5 years or so and the...

Look at it over the last 5 years or so and the flatness will pop right out at you :eek:
Forum: FIRE Related Public Policy 05-16-2016, 06:28 PM
Replies: 56
Views: 5,364
Posted By MasterBlaster
It may be manageable now, as you post. But all...

It may be manageable now, as you post. But all those poorly funded future entitlements are the concern. Depending on what happens, that debt to GDP could get way too large causing way big problems....
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