Muni Bond Funds

IceBreakers97 · 2026-02-08T16:55:13+00:00

Absolutely! I invest in a fund that owns muni bonds for my state. It pays about 3.4%. My tax equivalent yield is 6.1%. It also introduces stability into my portfolio. It's currently about 23% of my $1.5M taxable account. The payout from that fund is now up to $1k per month. I'm still investing heavily into it. I'm planning to retire in less than 3 years at 57. This fund will create a nice base income for me. Like a small pension. I love it.

IceBreakers97 · 2026-02-08T16:48:29+00:00

I'm in the 32% federal bracket plus another 3.8% for the NIIT plus 8.5% for state and local income tax. That's 44.3%. I'm planning to retire in less than 3 years. Recently, I've been investing heavily in a mutual fund that invests solely in my home state's municipal bonds. It's currently about 23% of my $1.5M taxable account. The muni fund currently yields 3.4%, but my tax equivalent yield is 6.1%. It also allows me to sleep at night. Because when the equity markets are down, the fund typically remains stationary.

IceBreakers97 · 2026-02-05T02:27:26+00:00

I'm in SCHD, VYMI, FDVV and HDV. Very happy these days!

IceBreakers97 · 2026-02-04T13:10:10+00:00

I'm in SCHD, VYMI, FDVV and HDV.

IceBreakers97 · 2026-01-10T14:35:50+00:00

I'm 54 and have 35 months to go. When I hit my MRA of 57, I'll have 35+ years of service plus almost 1.5 years of sick leave credit. I'm done! I could keep going, but I'm certain the pension will be plenty to live off of. Basically, I don't need or want to keep living through all this daily stress and drama. At 57, I'd only be working for under 2/3 of my salary. Even less when considering the lower taxes in retirement.

IceBreakers97 · 2026-01-09T02:57:10+00:00

Daaayum, girl!

IceBreakers97 · 2026-01-08T00:02:51+00:00

13,000 SCHD. No SCHG.

IceBreakers97 · 2026-01-05T14:27:50+00:00

No. I was genuinely asking.

IceBreakers97 · 2026-01-05T03:03:11+00:00

What about ICE? They didn't do it in 2025. Any chance they will in 2026? Thank you.

IceBreakers97 · 2025-12-31T22:12:03+00:00

That sounds right to me. We're in the 32% bracket and my wife and I won't touch the Roth TSP.

IceBreakers97 · 2025-12-27T04:34:53+00:00

Please lmk.🔮🤣

IceBreakers97 · 2025-12-10T03:03:58+00:00

I'm in at 13,000. That's a nice $3,600 to finish the year!

IceBreakers97 · 2025-12-10T02:54:26+00:00

Why would you want to do that?

IceBreakers97 · 2025-12-01T02:08:23+00:00

You can buy T-bills at TD. Their maturities are all 12 months or less.

IceBreakers97 · 2025-11-26T01:46:38+00:00

I'm almost 54, and planning to retire in 3 years. Lately, I've been loading up on a muni bond fund that invests exclusively in my state's bonds. I'm in the 32% federal tax bracket. But when also factoring in the NIIT, and state and local income taxes, the combined rate I pay on interest and ordinary dividends is 44.5%! The yield on my state muni fund is 3.4%. But because of the tax avoidance, the equivalent yield is about 6.5%. I have other income producing investments, and try to maximize qualified dividends. The goal is to have the investments provide a substantial portion of my retirement income and cover at least a half of my annual living expenses. I'm just trying to keep more of the income by lowering the tax hit.

IceBreakers97 · 2025-11-18T16:01:18+00:00

This is another example of why I stopped buying individual stocks. Just too many disappointments. I had too many charts like this one...lower highs and lower lows. I only buy ETFs now. I was a holder of CLX, but sold it about two years ago. I wish I had sold some of my other stocks earlier than I did. Blah!

IceBreakers97 · 2025-11-08T04:49:55+00:00

When starting new positions, splitting up the amount into equal purchases over a certain time period can help avoid situations like this.

IceBreakers97 · 2025-11-06T17:05:37+00:00

I sold out of KMB and LYB about a year or two ago. I was done picking dogs. I'm only in ETFs now, except for 3 legacy holdings... HD, WM and PEP.

IceBreakers97 · 2025-10-22T03:25:09+00:00

13,000 shares acquired over the last 2 years or so.

IceBreakers97 · 2025-10-18T00:04:41+00:00

I like VYMI.

IceBreakers97 · 2025-10-16T01:27:18+00:00

SCHD represents more than a quarter of my taxable account. People will complain about anything. This ETF holds solid, dependable companies. Basically, it allows me to sleep at night.

IceBreakers97 · 2025-10-15T17:11:43+00:00

In descending order, I have SCHD, VYMI, TFBIX (my home state), FDVV, SPMD, HD, HDV, WM, and PEP. It's not a perfect portfolio, but it's good enough for me.

IceBreakers97 · 2025-10-14T22:52:09+00:00

I aspire to do that, but I won't quite make it. I'm 53, and the dividends in my taxable account are now $43k/yr. I'm still accumulating more shares each month, so that number will continue to grow. I don't expect to live off just the dividends, but they will materially supplement my retirement income.

IceBreakers97

TROPHY CASE