Recent content by hadavi

What do you all think about Tax-Exempt Funds right now? I have alot of money in Vanguard's Limited Term and Intermediate Term admiral mutual funds. I noticed that they have moved up more than I expected the last several months and I wanted to get a feel for the general feelings on Muni. Bonds...

What books do you recommend that help guide someone that is already in retirement? Thanks.

I am going to do the free annual plan with Vanguard and find a at least one CFP that is fee based.

Yeah...I have already made appointments with different firms to see what approaches are out there and which ones fit our situation the best.

:angel:If I were to do a term annuity at 50 years old with money that I moved from a Variable Annuity, wouldn't I have to pay a penalty for doing so? I thought I could only do a SPIA with equal and periodic payments under IRS 72 (t)??

Well, right now we get by with 5500/month in expenses. This is living in our current home that is paid off and is worth about 600k. We plan on moving to a home in LV that is also paid off and is much smaller so we figure our expenses should be lower, but we are planning on the same 5500/month...

That is why I am asking you all what is recommended...if I knew exactly how I should approach income streaming, then I wouldn't be looking for input. Thanks to everyone that has ideas!

Question: If at 50 years old, one decides to retire and wants to live off interest and dividend income....what etf's and other strategies would you recommend? I was thinking an SPIA for about 700k to give about 2.5k/month in income and live off the interest and dividends of mostly muni bonds...

Hi. My wife is about to ER in the next two to three years (right now she is 47) and we are in the 35 percent tax bracket (2011..it may be 45%). I plan on working another 15 years..but as a principal of an elementary, once she retires my income will only provide a minimal contribution (I...

Lake Las Vegas is nice. I actually proposed to my there five years ago. It is part of Old Henderson. Just letting you know what I found out and why I didn't buy there. If the markets turn soon, then obviously it will be a great place to live.

Lake Las Vegas We were looking at Lake Las Vegas too but backed off from that idea because the HOA is having some major problems. They filed for bankruptcy a few months ago and a judge ordered them to close one of the golf courses. There are tremendous deals out there, especially on home that...

just bought a towhhome My wife and i just bought a townhome in Anthem (henderson area). We almost pulled the trigger early last year on a different home in the same area. We bought a completely upgraded 1700sq ft gated home for 250k. It was going for 350 last year. I know that you can get...

Thanks for the clarification!

So just to make sure, if I have several non-qualifies annuities, I can turn them into income annuities at 50 years old and not have to pay a penalty? I have had two financial planners say differently and an annuity rep. from Vanguard say that I wouldn't have any penalties if I set them up for...

Does anyone know if there would be any penalty from the IRS is I turn a non-qualified annuity income an income for life one at age 50? Thanks. Trying to get consistent monthly until 59 1/2. Thanks.