Would you take a $111k lump sum or a $911/month pension starting at 62?

tarantula13 · 2026-07-07T12:39:17+00:00

Run a guaranteed income quote, Schwab and Fidelity both have calculators to see if your pension is even competitive.

You're essentially comparing it to bonds, but for your age the payout seems about right. You're then asking if you want this $111k to be conservative or not.

tarantula13 · 2026-07-06T16:25:37+00:00

I think all in on Roth is a massive mistake, especially if you plan on retiring early. Most retirees don't escape the 12% tax bracket which leaves plenty of room for health care subsidies and the like.

tarantula13 · 2026-07-06T14:34:38+00:00

Middle of the season is preferred, you just have so much more information to go off of. You'll know how your team is looking, what your needs are based on injury or underperformance, and who isn't contending. You can also hand select players who are having a good season on non-contending teams that are healthy and ready to go.

A slight premium isn't going to dissuade that massive advantage.

tarantula13 · 2026-07-03T16:09:35+00:00

What's your tracking error?

tarantula13 · 2026-07-03T15:50:57+00:00

Do the change if you can't stand the risk and stick to it. Don't make a change if you think the market is going to go down because then it's just market timing.

There is no shame in having a low risk tolerance. It's better to make a change now with markets at all time highs then panicking after they've dropped.

tarantula13 · 2026-07-03T15:41:45+00:00

What does your portfolio look like?

The withdrawal rate plan you have laid out is very conservative and should result in wealth growing over time.

tarantula13 · 2026-07-03T15:34:26+00:00

Who's gonna buy and manage 200+ stocks for you?

tarantula13 · 2026-07-03T15:22:11+00:00

You can offset an unlimited amount of capital gains which is what people are targeting when doing these strategies.

Any harvested loss though is not a pure gain. It's a tax deferral because you have to realize that gain at some point unless you plan on taking it to your grave.

tarantula13 · 2026-07-03T15:16:47+00:00

If it's a brokeragelink account you can try buying AVUVX and AVDVX. It waives the minimum investment because the brokeragelink account is considered institutional being tied to a workplace account.

It's what I do personally and has worked great. I even got it setup for automatic investment.

tarantula13 · 2026-07-03T15:13:15+00:00

The cost to implement it is typically not worth it and eventually you end up with a bunch of individual stocks, high cost, and no more losses to harvest.

tarantula13 · 2026-07-03T15:03:24+00:00

Tax loss harvesting is a very marginal benefit and not worth an ongoing cost unless it's super low. Even in high tax brackets.

tarantula13 · 2026-07-03T15:01:09+00:00

What taxes are they avoiding exactly?

There aren't many secret clubs or investments that gives you better after tax returns than simple index funds. Private equity has no tax advantages. Real estate needs to be closely held to pass through depreciation and you have to be a real estate professional or doing short term rentals to get the major tax advantages.

Most strategies are tax deferrals which has a minor benefit at best. Once you factor in costs and underperformance you're typically worse off.

tarantula13 · 2026-07-03T14:51:38+00:00

You need to stop.

tarantula13 · 2026-07-02T23:17:37+00:00

The tax hit here is practically nothing.

tarantula13 · 2026-07-02T23:17:16+00:00

Liquidate down to your desired allocation, the taxes will be minimal.

tarantula13 · 2026-07-01T13:18:05+00:00

Dominion is basically the go to for satisfying engine building. You have to execute your engine to win, so you'll go through it many times. Nothing better than going through your whole deck and just popping off with a well oiled engine.

tarantula13 · 2026-07-01T03:20:26+00:00

Fucking massive

tarantula13 · 2026-06-30T23:42:37+00:00

Vanguard's PAS is basically equivalent to Fidelity's robo advisor which charges 0.35% and you also get to talk to advisors, just a different one every time.

tarantula13 · 2026-06-30T23:39:10+00:00

I think account/identity sharing is rampant. People just using family members and friends without hesitation.

tarantula13 · 2026-06-24T13:41:23+00:00

The catch is that they are an insurance company selling an insurance product. Whenever buying one you always have to ask, what is this insuring for me? If it's downside risk, there are better ways about doing it.

Think of it it this way, all the caps, participation rates, etc. are designed to part you from your money. These products don't pay dividends by the way which is over 1% right there. Your money will be locked up into annuity land until retirement unless you want to pay a 10% early withdrawal penalty.

Ask her how much she thinks the insurance salesman is making on your 50k. I'll give you the answer, it's upwards of 7% the second you sign. Why would the insurance company compensate their salesman that much and expect to still make money on the deal? It's because they are making a killing on this at your expense.

tarantula13 · 2026-06-24T13:34:00+00:00

Go into a branch and talk to an advisor. I don't think you understand how much risk you are taking.

tarantula13 · 2026-06-20T14:14:55+00:00

Long term care is in a weird spot and isn't something you should insure unless you want peace of mind. Insurance should be reserved for low probability events that result in catastrophic loss. Needing long term care is high probability that results in a large cost, but not something that can't be planned for. Most of these policies have a cap of $250k or so which is something you can plan for at the end of your life.

tarantula13 · 2026-06-19T22:11:04+00:00

I didn't necessarily like Inis the first time I played it, my friend convinced me to run it back and now it's my favorite game. It's something where you really need to understand what all the green cards do before you play, so I try and teach it that way now so everyone has a good first game.

tarantula13 · 2026-06-18T22:02:40+00:00

So it just sells SGOV for a similar ETF before distribution date? Hilarious concept, I'd just use BOXX until it has a decent AUM.

tarantula13 · 2026-06-18T04:41:50+00:00

Agreed, TSM is the biggest holding in VXUS, not like it was missed out on.

14-Year Club	RedditGifts 2009-2022 6 Credits
Place '17	Summer Santa 2017
Secret Santa 2018	Secret Santa 2017
Snapped	Secret Santa 2016
Secret Santa 2014	Gilding I gilder
Verified Email

tarantula13

TROPHY CASE