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I have a couple PNC accounts but I don't see a 1.0% offer anywhere. Maybe it's over? I'll go see them Monday, but if you see one on the web, can you post here? Thanks. Sent from my iPhone using Early Retirement Forum

There has been a lot of discussion on this thread over the past two days. Appreciate all of the thoughts. Here is where I am on this topic: 1.I immediately want to get the money into a “high yield” interest savings account or money market account with no maintenance fees. Best I have seen is...

Thanks. Appreciate the explanation. These kinds of things make sense, but I haven't executed the technique personally. As you have pointed out, this demonstrates the value of having cash on hand. I'll look into the book.

Interesting idea. What kinds of businesses and transactions are you talking about? Big ticket? Daily items? I cannot imagine the clerk at a grocery store has the authority to give you a discount. None-the-less I'm intrigued.

Right. I think this is a good way to get some safe investment to offset SOME of the inflation rate. It's a bit of a slow process to invest (at $10k maximum investment per person per year). Good idea though! Thanks!

Thanks for sharing this as an option as I never knew something like this existed. I had a look at the site and some specific banks that were listed. I don't think it is a good option for me though. I travel a lot internationally and I'll probably forget to "play the game" and lose out on an easy...

Beer in the U.S. has 3-4% and it is quite liquid. :) I never said a no risk investment. I said low risk. I do know of puts and covered calls but currently have no experience with them. I will have to do some reading. If you have suggestions of places to learn, I would appreciate some direction...

34 and it is about 11-12%. I know it is too much. This is why I look for solutions. :)

Thanks for the comments. Good point on the distribution spread within other investments. I guess I had it in my mind that it should be in something "safe", but your point is a good one regarding overall growth (and decline) over time. Additionally a HELOC is not valid for my situation. I do not...

Hi all. I have been struggling with the question of having too much cash in a bank savings/checking account. Currently I have a little more than $95k in a savings account and the interest rate is almost nothing. It is nice knowing that I have some cash on hand in case of emergency, but the cash...

Thanks for this...and thanks for the bogleheads link in your other post. I just called my companies investment provider and asked them about an AFTER TAX 401k contribution. They seem to think an AFTER TAX 401k contribution is not allowed as part of my company's plan. I am going to speak to...

I am in the 28% bracket and I do expect my withdraws to be in the 15% bracket as well. So it seems I am doing the right thing in this case. Thanks!

Well, I did some more checking on the Roth 401K and there seems to be another limitation. I can contribute a MAXIMUM of $18,000 between the 401K and Roth 401k. With that fact, it seems more effective to contribute the full $18,000 into my 401K and not my Roth 401K. I went to a couple...

Hi Pb4uski. I did some looking into this and call my 401K broker my company uses. They told me I can in-fact do this, but I cannot do it while I am in-service (an employee). While I am an employee I can contribute up to 75% of my after tax dollars into a Roth 401K and can invest in the same...

Hi Molof. I think this is my best bet for tax advantage. My company does allow up to 75% into the ROth 401k. If I ever leave, I would plan on rolling that into a Roth IRA. Thanks for the suggestion.

Hi RetireBy90 - I do have a Traditional IRA, that I rolled over from a previous employers 401K some time ago (see my allocation table in one of the earlier posts). Has about 130K in it now. So, with that said, I don't think what you propose above is going to work for me. I'll end up paying a...

Hi again RetireBy90 - another question for you on CD's. I was looking at CD's and CD ladders for my cash allocation and was targeting 1 year CD's. Seems the interest rate is about 1.2%. Does that seem right to you? Or are you doing something different to achieve better rates? Thanks!

I had no idea you could do this. So you can contribute after tax money into a 401K, then move that after tax money into a ROTH with no special charges, etc.? I have to look into this. My company does in-fact allow up to 75% after tax $ to be contributed to the 401K.

Hi Pb4uski. OK. This is very interesting. I did not realize this. So, Bonds to tax deferred (or tax free) because most returns come from dividend yield...and if it is in a taxable account is taxed as ordinary income. Assuming that at time of withdraw the tax rate is lower, this is a benefit.

Hi Retireby90. Nice name. ha! Thanks for the congrats. A little bit of luck and a lot of hard work. :) Anyway, yes figuring out how to fund the gap between ER and when I can draw from 401k/IRA/ROTH is on my mind. I guess your suggestion is one way to do it to ensure a stable income...

Thanks Totoro - Gave up "real work". Nice job! I may take some advice of the CD ladder with some of my cash allocation. Another option would also be a money market. I don't think I'll extend beyond my cash allocation and put more into a lower interest bearing investment. I think that for at...

Just want to say I appreciate the comments from everyone. Here is where I ended up so far from all of this: 401K ($146,000): Max it out each year and keep investing as I have historically had been. Investigate 72t distribuions as a possible ER solution. Traditional IRA ($130,000) - DCA over...

Thanks for attaching the numbers to your post. That really hit home when explained that way.

Fact! :) Thanks. I'll have a look at those.

I did see the VXUS as I was searching. Unfortunately Ameritrade charges commission for that EFT. I did find it's close cousin, VEU as a free ETF. To the untrained eye, it seems really similar in every aspect. Expense ratio, holdings, historical charts, etc. If you think I'm off, let me...