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The 10 Most Recent Messages By gdett2

Take me back to where I was.
  • Date: 1/24/19 12:00 AM
  • Number: 1712
  • Recommendations: 0
Mark,

"Does that income exclude Roth distribution? If so, another reason to convert some traditional IRA to Roth."

Excellent point!

The taxable distributions from traditional IRA, which does include
(Continued...)
  • Date: 1/23/19 1:54 PM
  • Number: 198777
  • Recommendations: 1
Ajax,

"A valid Operating System does not need a dozen updates a week!"

I agree.

I unplugged the ethernet cable my Win 10 box, disabled the ethernet card and WiFi interface and it hasn't been an issue
(Continued...)
  • Date: 1/23/19 2:47 AM
  • Number: 49257
  • Recommendations: 3
Suhwateeze,

Welcome to Stock Advisor.

Short-term price movement can be unsettling when you are not used to it. Don't be overly concerned about it since it is a normal part of the market.

Just so you know you
(Continued...)
  • Date: 1/23/19 2:23 AM
  • Number: 1710
  • Recommendations: 0
407rotorhead,

This is a good time for you to start formalizing your plan to retire. The numbers you come up with should be fairly close to actual.

IMO, keeping that mortgage is a good idea. You can leave more capital
(Continued...)
  • Date: 1/22/19 12:46 PM
  • Number: 1785
  • Recommendations: 1
emilysilver,

From your earlier post, this is the statement that concerns me:

"This gives 3 years of savings if my business does not grow. I expect it to do so, but I need to plan for the worst-case scenario, which would be
(Continued...)
  • Date: 1/22/19 12:21 PM
  • Number: 6348
  • Recommendations: 1
TracyLynn,

Welcome to Stock Advisor.

"How and when do I collect money when I see the value of that account is climbing."

I am not completely sure what you are asking, but if you are asking about
(Continued...)
  • Date: 1/21/19 3:48 PM
  • Number: 1783
  • Recommendations: 2
emilysilver,

I hope this doesn't disappoint you but I would not invest any of the 3 years of living expenses.

Over a 3 year period, investments may double in size or be cut in half.

The normal advice is "Do not
(Continued...)
  • Date: 1/20/19 7:20 PM
  • Number: 4069
  • Recommendations: 0
407rotorhead,

The only account that does not have RMD's is a Roth IRA.

All other traditional retirement accounts have RMD's to include 401K/403B/457 accounts and the Roth versions of them, plus the SEP/SIMPLE
(Continued...)
  • Date: 1/20/19 3:28 PM
  • Number: 4067
  • Recommendations: 0
4N6ACCT,

"By “transitioned” what do you mean?"

We had 3 years of living expense cash in our passbook savings account. We mostly used just 3 to 6 months of the money.

From July 2007 through October 2010,
(Continued...)
  • Date: 1/20/19 2:19 AM
  • Number: 4065
  • Recommendations: 0
4N6ACCT,

Last year I needed cash in September. I had an Estimated Tax payment coming up. I decided to pull from my Roth IRA.

1. I wanted to keep our cash cushion full.

2. Our income was already stretched for 2018 with
(Continued...)
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Total = 10

Take me back to where I was.
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