Recent content by Rothman

Harley, I thought the old Ed Slott eternal tax free was based on you naming a very young heir and based on their life expectancy the Roth would grow faster than their required life expectancy-based withdrawals and therefore thus inheritance grew. What changed?

Congrats joylesshusband on fire, is it a Roth conversion plan or did you have a lot of 401k in Roth already?

Running_Man welcome back to equities. I agreed with you in 2007, and at that point had been 100% in stocks. But reading WSJ everyday and watching financial markets at the time there was a lot of bad news. To me it was overwhelming at that time. I had a financial advisor then as my company...

I have more cash these days than ever before as my bond fund BND has done so poorly in recent times. I expect others also have less bonds more cash than 5 years ago? Sent from my iPad using Early Retirement Forum

I like the Roth advice of course, 100% in equities at his age. Later he'll want to put some traditional tax deferred money away as well since a mix at retirement provides flexibility in withdrawal strategy, but getting some tax free forever compound growth in early years is a great way to...

Although REWahoo's reaction was more like going back to prison, I think a part time job could have positive benefits if it's work you enjoy like the teaching examples. The biggest problem to me is restriction on location and time flexibility. Sent from my iPad using Early Retirement Forum

Congrats Buckleyrw your numbers look good. My comment on the target age is that watching my parents age you should definitely reduce expected spending in the 80s and beyond. I think the approach to recognize this helps you plan to enjoy your money in the younger years. Sent from my iPad...

Congrats firewhen, I'm sure you'll get the itch to retire, but till then your initiative made it possible to increase your saving power. The power of FI lets you decide, now and in the future. Sent from my iPad using Early Retirement Forum

Fermion, I have short term traded IBB, did you ever consider an index option, of course less individual stock risk brings more damped highs and lows but the sector moves plenty for me. I started in the sector using FIDOs FBIOX, and still have it, feeling trapped to avoid the tax hit to realize...

I see at 2034 your retirement is 18 years out, but kid at 2nd year in college, that's an unusual combination. Congrats so far. Sent from my iPad using Early Retirement Forum

Congrats EastWest, enjoy the rest of your summer, and then fall, winter, spring, repeat. Sent from my iPad using Early Retirement Forum

Congrats, enjoy your trip, and remember no need to hurry back worrying about all the work piling up waiting for you. Sweet lemonade indeed! Sent from my iPad using Early Retirement Forum

Sunset, I think the complication you are thinking of is when the mutual fund takes capital gains they must distribute them to fund owners, that is complicated and it can be bad timing for fund owners, this is an advantage of stock ownership where you decide when to take capital gains. When you...

Turbotax, although I am not a fan of the new format, try to jump to direct input Sent from my iPad using Early Retirement Forum

Ok, we opened new account for mom at a bank that will provide the medallion stamp... In 11 more months, as they told me their policy is 12 months customer. Now here's the next irony. This bank, dollar bank, is where mom and dad had their joint account for 20 years leaving in 2011 when they...