Cycle_time

I'm trying to help my mom find a fiduciary investment advisor she can meet with to go over her numerous investment accounts and help her know which to pull her money from to spend in her retirement.

She's looking at her adjusted gross income and does not know if she should pull from her taxable account, Roth IRA, 403b, traditional IRA, taxable account with tax exempt funds, etc.

She met with one guy but it was a sales pitch to move all her money to him. She has it with vanguard but just needs advice on how to strategically withdraw the spending money she wants to keep her tax liability in check

My dad is 72 and is a retired teacher. Between his social security and his pension he gets about $40k/year. He has a paid off house and the $40k totally covers all of his living expenses for the lifestyle he enjoys with a little actually left over each year.

He also has $750k in various investment accounts.

• Taxable account: $75k in tax exempt municipal bond fund. He's added $13k to it this year because of a required minimum distribution from his IRA. He paid a 3.5% load fee on that $13k

• Roth IRA: $75k in a stock mutual fund that has a 15 year return that's 1% below the s&p 15 year return and 3% below the 5 year. It has an expense ratio of 1.2%

• IRA: $325k in fixed annuities t

http://www.sciencedirect.com/science/article/pii/S2213158216302224

Seems like they cite old sources and have a small sample size. What do the more scientific minds here think?

We're debt freeeee!

The money we liquidated from the investments Friday hit our checking account this morning. It showed pending and available. I called the bank and confirmed it was OK to write a check for it all even though it still showed pending and was given the green light.

My next call was to the bank we have our mortgage with to confirm I didn't need anything other than my check book. I was told just my check book and a smile.

So my wife and I drove to the bank and are just sent to a teller who handled the entire transaction. (we were hoping for a little more hoopla then just a teller at the counter) She called in for the official current payoff amount and we paid it. That pay

My wife and I have listened to Dave for 10+ years. For the most part we followed the baby steps. One exception was that 3 years ago I received an inheritance that was large enough to pay off the rest of our mortgage. We didn't do that and continued paying extra on it every month like we never got the inheritance. 100% of it stayed invested and we treated it like it wasn't there.

Since then we've paid about $80k off the mortgage and have $45k remaining. I figure it'd take us about 20 months to pay it off at our current rate.

On the show Friday he again said something that I'd heard him say hundreds of times but it resonated this time. It was the "would you take out a loan on your paid of

I work for a city government as an employee and we get raises that take effect every January. This year payroll apparently made a mistake and paid me for having an extra certification (I have that certification but policy is you can only be paid for having one extra certification and if you have 2 they'll only pay for 1)

They just caught the mistake and want me to pay the extra amount back. It's about $550 and they said they can take it all from my next check or spread it out over the next 4 or 5 paychecks.

Do I have any claim to the money or is it a guarantee that I have to repay the money? They sent out an email showing everyone's hourly rate earlier this year

I'm finally finishing moving the rest of my investments from American funds. I already have 2/3 of my investments with vanguard and was planning on moving the rest of the American funds there but vanguard doesn't offer UTMA accounts.

Where should/can I move the UTMA acounts so they're in comparable low fee index funds?

If it helps I can move my remaining $190k in american funds to where ever offers good UTMA options

So my dad opened up about his retirement investments a couple days ago. The good news is he has a large amount but the bad news is it is invested in very high fee accounts.

Total investments are $715k

• $65k in First Investors tax exempt Opportunities Fund (EIITX)

It has a 0.99% expense ratio and he also paid a 4.5% load fee on $21k he added to it earlier this year

• $70k (Roth IRA) in First Investors Growth & Income Fund (FGINX)

It has a 1.16% expense ratio

• $330k in Fixed Annuities First Advantage (IRA)

http://www.foresters.com/en/financial-solutions/annuities/first-advantage-fixed-deferred-annuity

Over the first 9 months this year it made 1.58% interest

• $250k in V

I've had a saltwater reef tank for 4 years but am switching to a fish only tank because the algea maintenance was too much. I sold my reefbreeder light and am looking for a light to use that won't fuel algae on a fish only tank.

I have a 150 gallon tall tank (30" from surface to sandbed)

Can I just use a couple simple home LED bulbs to light it?

The top is totally open and I can wire I anything I want or I could use an actual aquarium light. Just looking for something cheap that won't grow algea

I've got 18 more years of work until I retire from my government job. I'll have a pension that will pay $50k/year (tied to inflation so it'll be more in 18 years but the equivalent to $50k now)

My job gives a 50% match on our 457 plan up to the federal max of $18k and I can pick either traditional or Roth.

Household income will be $110k and will slightly outpace inflation over the years but without any dramatic raises as I'm very happy with my position and will not be trying to get promoted.

Considering our current tax bracket and that my spending in retirement will be higher than my current income should I use the Roth option for my 457 and for my IRA? Or traditional for either? Cur

My wife and I are in our mid 30s and have $67k left on our mortgage. Next year our household income will be a little over $110k. This is our forever home (I have a government job so we know we won't be going anywhere)

At the rate we've been paying extra it'll be paid off in 27 months, but we have plenty it non-retirement to pay it off now.

If it was paid off, we'd use 40% of the freed up monthly cash flow to increase our spending (we live pretty frugally now) and the other 60% would go back towards our taxable accounts.

I see it sort of as pulling money out now and dollar cost averaging it back in, but is that kind of like timing the market and thinking now is a high point?

I have 5 different bonds I inherited that are being held at Edward Jones. I want to get them away from Edward Jones (either transfer or liquidate) All of them are municipal-fed tax exempt and 2 are from my state so I don't pay state tax on either. All 5 have a maturity value of $5,000, but they show different current values (guessing that's what they could be sold for now if I liquidate)

#1 value $5,130 matures June 2016 rate 5%

#2 value $5,030 matures July 2016 rate 4.25%

#3 value $5,600 matures April 2021 rate 4.0%

#4 value $5,500 matures October 2023 rate 4.15%

#5 value $5,000 matures July 2029 rate 4.55%

I have a taxable account with vanguard using index fund

I just got a 1099 after I filed my taxes last week. I actually already had my state and federal refunds hit my bank account.

After the amendment I owe $639 back to the state but only $1 to the fed. Do I really have to mail all the forms along with a $1 check for the difference to the fed?

http://www.doctorofcredit.com/guide-to-5-interest-prepaidsavings-accounts/

It looks like there's a max of $5,000 per account but you can have up to 7 accounts. I'm planning on starting with 1 and if everything goes ok I'll move everything in my emergency fund and car replacement fund over to them.

I've decided to do home phlebotomy instead of going to the Red Cross because it didn't feel right going when I'm on gear. Going to the Red Cross they take a pint every 8 weeks, but last time it took me 2 weeks to feel like my workouts returned to normal. I wasn't on my cycle then but would get light headed and dizzy after hard sets.

So since I'm doing it myself I'm going to take less but more frequently. I just took 11oz. I think going forward I'll take 8oz every 4 weeks

Anyone else do something similar? Since I'm on gear should 8oz every 4 weeks be enough?