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In IRS termilogy IRA distributions are not earned income. SS payments are also not earned income. But maybe you don't want IRS definition?

The rule of thumb I use is "if I get a 1099, I enter it". Else when IRS system does its automatic match against all the tax documents filed by the payers for my SSN, it will trigger red flags/audit notices. Tax software (for the most part) is good enough to figure out what part is taxable and...

Having done airline pleasure standby travel for years, you could say planning was after we boarded a flight. Really you don't know whether you will go back home or end up in London for a few days or maybe Bangkok. Although we typically had our preference list heading to the airport and often...

Living in the Bay Area, you realize that for quite a few people their entire net worth is in their home. And their retirement plan is to sell the house at some point and move to a lower COL area. Then there are others who are lifelong renters. Hence to account for such differences it was asked...

That was the primary reason for this poll. To have us all aware of where we are in this. Specially if you look at the second calculation in the OP, it will make you somewhat more aware of how to plan/even out your taxes in the years to come. Going forward I am going to be tracking this % as...

You mean in your case? Because for others it may be lower because of Roth.

Correct. In the OP, you will see examples of what portion of what types of accounts should be counted in the numerator. Denominator is your NW. The logic is that a person with net worth 1M may have close to 90% of their net worth in 401k and unrealized capital gains. In which case they have to...

Kudos to those who had that number handy or could calculate it fairly easily! You are super-organized and have a good handle on your finances. I did my calculation. It came to 32%. Not bad.

I am surprised that your 401k doesn't split out regular/Roth. If one does the 2nd calculation in the OP for oneself, it will give some more insights on where your tax bracket may be headed, so you can plan better if you wanted to access all your assets and leave nothing behind:). Of course, one...

Yes. Sengsational's interpretation is correct. I am not asking about your tax rate.

Real life is a lot more complicated, agreed! That is part of ongoing expenses. Note, I have not even included annual interest/dividends. Or property tax, sales tax, etc. I am focusing on assets that are still subject to Income Taxes. I will revise title to reflect that.

Yes. Edited my post to reflect that.

Poll: What % of net-worth do you still have to pay income tax on? Inspired by another thread, I thought it might be worthwhile to see from what part of my assets I still need to give gifts to Uncle Sam. What percentage of your total net-worth, do you still have to pay tax on? You may not have...

Where should one count I-bonds? Probably tax-advantaged?

At Vanguard, use VWO or VEMAX for broad emerging markets. It would be highly speculative and a lot more risk, but if you want exposure to Vietnam, there is at least one ETF (don't know about MF. Google it). Top 3 Vietnam ETFs (VNM, FRN) | Investopedia...

This Bogleheads wiki page addresses your question and more very well. Excellent guide that has served me well. https://www.bogleheads.org/wiki/Tax-efficient_fund_placement

Missed your original thread in March... but commenting in case you find this of value. Based on my experience and your income/tax situation, I would think your target income would be best around the lower of 399% FPL (to get ACA subsidies) and top of 15% tax bracket. I think maximizing LTCG at...

Welcome! Is 65K in annual pensions? What about SS? If you have 65K in annual pension and will have SS, you may be able to retire now. Maybe do something else you love for a fraction of the pay. Looks like DW loves her job and can continue working if she prefers. And as pb4uski pointed out, you...

jerryo, thanks! Your itinerary makes sense. I had found their website earlier but didn't find any 3 week walking tour including Italy, so was wondering what you did... Adding this to my potential 2017 summer plan.

Sounds wonderful. Can you provide a link to their website and also the particular tour you took? What was the approx per day cost?

Been to Japan a few times. Most recently last month for about 2 weeks. English is not much of a problem (compared to previous visits). All brochures, maps, street and transport signs in Tokyo are also in English. And the younger typically speak enough to help you out. Definitely get the JR...

I too have found that HE washers and detergent are harder on sheets (and clothes). I seem to ruin/tear stuff much faster. OP, 4-6 years seems about what we get out of ours. We recently started using different ones in colder months.

We did the same a few years back in early-mid Sept. Stayed in 3 diff areas of the park and spent total of 10 days. My favorite NP. Definitely worth staying inside since it is so large. I would shoot for early Sept rather than late Sept. I have been there early November too but lots of areas...

Don't beat yourself over it. Most of us have been there, saw the light (of index funds). Some got there early, some a little later and a large percentage of the population is still very much in the dark and will likely never realize in their lifetime. One has to be ready & open to this and you...

OP, good move! You still have time to recover. Another good place to get educated about investments and personal finance is the Bogleheads Wiki. The focus is on low cost index funds and tax optimization. https://www.bogleheads.org/wiki/Main_Page You may have come across some recent news about...