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Looks like you're talking about Capital Gains Distributions (CGDs). These generally come from managed funds, not index funds. For most people, it's best to hold only index funds in your taxable account. If you want to hold managed funds, hold them in tax-deferred and Roth accounts. In that...

I would charge him rent ruffly equal to what the property taxes are...

And you survived? Good...

Umm, there's more to Roth conversions than simply tax arbitrage...

Nice that you came back to update us...

There's nothing wrong with being a higher income retiree, paying higher taxes. I'm something like that. Roth conversions aren't going to make you a low income retiree but they might help you avoid the next higher IRMAA tier...

Excellent situation that you're in. Just continue onward, focusing on life balance and check back in five years. See you then...

I thought we already said he'd be getting a 1099-R for the withdrawal of the RMD amount...

Midpack is pretty much right. Though if you turned your entire tIRA into deferred income annuities, why would you be doing Roth conversions; there's no tax-deferred money left. Best thing to do now is just enjoy being a higher income retiree...

Right. Let's say he could do that rollover back into the tIRA. And let's assume his RMD was $50,000 and his marginal tax rate is 32%. So he pays $16,000 in Federal tax on this year's RMD, puts the $50k back into tax-deferred, and then pays ANOTHER $16K in Federal income tax when that money is...

7 is totally irresponsible, checko...

Actually, it takes moist heat to get really tender pork, as in pulled pork or Chile Verde. But those are different cuts of meat. With baby back ribs, in my unfortunate experience, dry overcooking on the grill gets you something closer to charcoal... 😟

Perhaps, but I suspect those places might boil the ribs first before putting them on dry heat with an overly sweet sauce...

I'm a fan of baby back ribs (pork). I typically mix a heaping tablespoon of Walkerswood jerk seasoning with a little Italian marinade to thin it down and then spread it on top of the rack a bit ahead of time. Then toss it on the gas grill, low heat, for 45 minutes or so, turning a few times...

If you'll be in the 24% tax bracket later (possibly the reverted 28% bracket), then you haven't been doing large enough Roth conversions now. The idea is to do large enough Roth conversions in early years to levelize your AGI, allowing for inflation. Then when SS starts at 70 you decrease your...

I'm eleven years retired and have a few thousand dollars of excess income most months, a negative withdrawal rate. My 2008 Mustang convertible, purchased new, was getting old so I ordered a new one last July and it arrived late October. $47k roughly. I also have a 2016 F-150 pickup, purchased...

We're in the smartphone generation now, DS. No need to speak to a person for routine transactions...

Well, the "elderly" need to get their stuff together and get with the plan. This coming from a non-elderly 74 yo retiree...

Vanguard needs to clarify their ACTUAL plan to avoid a significant exodus...

Click on Reply instead...

My situation was different in that I annuitized sufficient funds with TIAA to cover my basic expenses from start of retirement. On top of that, I withdrew $3000 per month for seven years prior to starting SS at age 70. I did those monthly withdrawals pro rata from the mix of funds in my 403(b)...

Part of the answer depends on how over funded your retirement turns out to be. That $5M target at start of retirement equates to around $200k per year with a 4% WR. But if you only withdraw/spend $100k per year, then you've got a lot of wiggle room to deal with occasional stock market declines...

Ok, but since I retired well before age 70.5, I think I'm in good shape. But I can see how this would be an issue for folks who work longer...

Possibly. There are clawback rules for Medicaid from what little I know about it. But for QCDs, from a 100% pre-tax IRA? Yes. Enlighten me...

Never heard of a clawback rule. Are you making this up?