Recent content by james22

For later.

Just retired, I've three years in cash (MM) and the rest equity.

Austin, TX condo $550 property tax $20 insurance $360 HOA $930/month, $11,160/year

… the brokerage account – which will never grow quite as quickly in the first place, as the annual drag of taxation on interest, dividends, and capital gains will reduce the ability of the account to compound. My brokerage account of Berkshire (only) has no such annual drag. Does this change...

Thanks, everyone. I do understand I've 10 years to withdraw the Inherited IRA. Since it seems I cannot convert for the next 4 years while working (because would pay 35%), it then becomes a question once retired of withdrawing my Inherited IRA or converting my IRA for the next 6. (That IRA does...

Thanks, GB. Inherited from my father who just passed in January. I understand I have to take the RMD he'd have taken this year? But I'm sorry, I forgot the 'stackable' nature of my Foreign Earned Income Exclusion. Since I'll be paying 35% on any withdrawal until I retire, I'll put off until then.

4 years until I retire in 2023. 6 years until the tax brackets revert higher in 2026. I'll have a sizeable IRA at retirement (401k plus Pension) with only 3 years to convert to a Roth at current rates. I've an Inherited IRA. Question is: do I begin withdrawing the Inherited IRA down...

Great thread. Thanks, everyone. Single, with ~65% in tax-deferred, I needs to think about this.

Single, no children, I've thought about a reverse mortgage (Pfau's book was helpful). But TX allows me to defer property tax after 65, so that seems (net) preferable in that I can expect some remaining home equity to pay for assisted living if necessary.

Fantastically helpful. Thanks.

You actually get to spend more money at age 62, by delaying S.S. to age 70 http://www.early-retirement.org/forums/f28/laurence-kotlikoff-maximize-my-ss-com-77660.html#post1604411

FI, and won't retire any later than at age 60 in 2023.

Downtown Austin studio condo: Property tax $665 HOA $315 Insurance $20 $1,000/month

The good news is that a growing body of research reveals that, in fact, longer-term returns can be predicted to some extent. https://www.kitces.com/wp-content/uploads/2014/11/Kitces-Report-May-2008.pdf Yeah, I'm expecting a time will come when I can invest the condo equity in the market...

Valuation matters, yeah? Market growth *today* might be more like a tree in a flower pot.