Recent content by Fleur58

Turbotax but next year I will begin having them done for me by a tax advisor.

Thank you everyone! I'll check out the calculators. You have given me a lot to consider.

Could someone please comment on the tax deductions for an actual example Trad IRA RMD subject to Federal and state taxes? Say 40Km how much would I have to pay in taxes?. Specifically what line items are there for taxes, e.g. SS, Medicare, other Federal? Just how bad are the taxes? My state...

I am 64 and next summer at 65 I will receive $465 per month from a job that I held for 6 years in the 90s.

Merrill Waterproof Hikers are absolutely the best and are indestructible. Thick soles, good tread, good arch and ankle support. They will last you for years! I even wear them to work for my nursing job at a hospital.

1. If my RMD is 40K per year at Fidelity and will be in the 22% tax bracket. Do I get the whole amount or does Fidelity take out deductions? What are the deductions that will come out of this check? I live in a state that taxes retirement money (approx with state and local 9%). If there...

Three things I experienced: 1. The retirement estimates saying you need 80% of your salary in retirement was wrong. Perhaps those estimates are for married people. I didn't spend near as much with a paid off house. I am not a consumer anymore, I hardly ever need clothes, transportation costs...

I was sorry I didn't follow advice and take profits from some of my Mutual Funds in 2008 before the crash. The funds all sunk and then recovered. In 2014 they had recovered so much that I realized the profit was enough to pay off my house. I decided to sell some of them them and use proceeds to...

In my trad IRA my largest bond positions are in Wellesley and Dodge and Cox Income. Also own bonds in Fidelity Balanced (70/30). I am happy with all of them.

I have no debt. Credit scores was in the 800s. In March I bought a SUV and paid 20K down and financed the rest (9K) to get a better deal. I didn't want to do it but did. I now have a payment of $157 month for 5 years, which I could easily pay in full now. But since then, my credit score has...

I think the definition of "retired" is very flexible these days. If you don't need the money and work anyway--- I think that is "retired" as well. I've run into so many people who are bored with retirement and need something meaningful to do. Might as well get paid for it. I used to volunteer...

I need to give some more info to see if your advice will change. In this taxable account, along with my 100K cash; I own the following: Please don't lambaste me , I have owned most of these funds a very long time and they have appreciated a lot. The only high expense ratio one I could consider...

Could you give me a few examples? Do you mean something like VYM?

I had 100 K sitting at Capital One since 2017 generating minimal interest. I don't need this money, it was my peace of mind stash. I am semi retired, working 2 days a week. No major bills other than household utilities and entertainment. I have more than adequate Traditional Retirement and...

Midpack: Thanks for your response. Right now my AA is Growth with Income but am making changes to move to Balanced. I need about 35K a year in retirement, my expenses are low. Sojourner: I can increase my 403B money by $200 but I am hesitant to bump it up more than that in case I have to...