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Could someone please comment on the tax deductions for an actual example Trad IRA RMD subject to Federal and state taxes? Say 40Km how much would I have to pay in taxes?. Specifically what line items are there for taxes, e.g. SS, Medicare, other Federal? Just how bad are the taxes? My state...

1. If my RMD is 40K per year at Fidelity and will be in the 22% tax bracket. Do I get the whole amount or does Fidelity take out deductions? What are the deductions that will come out of this check? I live in a state that taxes retirement money (approx with state and local 9%). If there...

I had 100 K sitting at Capital One since 2017 generating minimal interest. I don't need this money, it was my peace of mind stash. I am semi retired, working 2 days a week. No major bills other than household utilities and entertainment. I have more than adequate Traditional Retirement and...

I returned to work after retiring early. I now have a part time job and am 63 years old and single. No major bills. Home paid off. I contribute 16% of the gross pay to a Roth 403B. I bring home average net $1400 every 2 weeks. To date, I have 2 million saved for retirement, and of which...

Recently I returned to work after being retired for 3 years. I was so bored. I am 62, work FT (3 12 hour shifts per week) and make a good income. I get healthcare benefits so I don't need Medicare at 64. My FRA is 66 and 8 months, which will occur in March 25, 2025. I have decided this...

When I read recommendations all over on line and in Kiplinger's magazine they always mention Vanguard Funds because of the slim expense ratios. FOMO! All my taxable Retirement, non Retirement money, and Roth money is at Fidelity. My Cash cushion is at Capital One. I've tried my best to use...

During this time of financial turmoil, were there any mutual funds that you owned that made you feel comfortable in your decision to own them--and keep them for the long term? I felt like my Vanguard Wellesley fund suffered an initial drop; and then appeared to recover quicker than other...

How long did the 2008 recession last; and what were your lessons learned to weather the next one? Right before the recession in Fall 2007, an adviser told me to sell and take some of my profits, and I didn't listen.I regretted it. I stayed invested in mutual funds and didn't sell anything. I'm...

I had a talk with my free Fidelity Adviser to review my entire portfolio. Last year, I had made some reallocation moves. I was happy with my choices (50/50 Balanced). He asked me to think about what I would want to do if the market corrected this year. We are to have this discussion in...

I own TRowe Capital Appreciation (PRWCX), a closed 70/30 Allocation Fund, both in an TIRA and in a non retirement account. I've been satisfied with its performance over the years and feel like I can stay with it for the long term. But is this flawed thinking to own the same account twice? I...

I'm 61, single, and have been retired for 3 years. Next month I am going back to full time work. The position comes with Health and Retirement Plan benefits. They offer a Roth or Non Roth 403B) (no match). I plan to work for 6 years until I get to FRA of 67. I'm pretty much set for...

I'm retired, single, 61, with no income except investments. I estimated my income to be 35K for 2019 and I'm on track for that only if I add on a 10K Roth Conversion. I have a Gold ACA plan and I pay $260 month and get a Subsidy of $646 month. I have Kaiser insurance and they have informed...

My investment house advisor has recommended that I consider a managed bond portfolio, for potential maximum income in my IRAs. My general allocation is 50%equity/50% Bonds. The minimum for the managed bond strategy is $500,000. They would pick the bonds and the fee would be .4% annually...

I haven't had good luck with my state's website, so I went to a local office to get help. The place opened at 0800. I arrived at 7:10 am and there were 10 people ahead of me. The crowd increased to about 50. There were 2 black people, 1 white person, and the rest were Latino. We waited...

I am feeling nervous about the economy and questioning my taxable investment allocation. I am 60, single, retired and living solely on my savings. Retirement age is 66 and 8 months. If I take SS then it will be $2900 a month. At age 62 it is 2K. I have 1 million in TIRA money to access later...

Hi : I am age 60, retired, and living off my taxable savings only. I plan to convert 15-20K of traditional IRA each year to a Roth account (my first). I don't need the money to live on. For this first year, I converted 10K to Roth in April and put it all in Fidelity Puritan. FPURX has...

I wonder if someone could check my assumptions. 1. I am 59.5, in the new 12% tax bracket; and have $975K in TIRA money. Of this amount, $32.5 were non-deductible contributions. I did my first 10K Roth Conversion this month (April). When I did the calculation as to how much of the 10K was...

Hey: I'm 59.5, single. Retired when I turned 58 in 2016--unexpectedly due to a bad manager situation at work. I have about 1.4 Million in investment assets and cash. House is paid off. I'll get a pretty good SS check at 62 ($2000) and a teeny pension when I am 65 of $465 a month. I'm going...