Retirement criteria

[LungiLingaraju]

5 hours ago, Konebhar6 said:

@SaradaChinnodu @Thokkalee @Galactus @beerboy17 @LungiLingaraju @HugoStrange

Investment Idea 2: Monthly Income plan

Criteria to consider for fund selection
- Diversify (REITs, Income funds, MFs based on S&P/NASDAQ, etc)
- Fund value should also increase along with monthly/quarterly divident payout. Of course based on market conditions. They should move up/down with market or whatever influences them.
- Increased dividend payouts over years (small blips here n there OK.)
- Good monthly/quarterly dividend

Working on details. Will post soon. 

 

Thank you Anna 🙏🏻 I will follow you … 

[vkk]

On 8/4/2023 at 7:41 PM, Konebhar6 said:

Everyone pls post any of the good MF's you are invested in. It would help others make investment decisions.

 I have these in an IRA: SCHD, HDV, O, MO,JEPI, DIVO, VNQ

O and VNQ are REITS, so holding in tax advantaged. Going forward , plan to reduce SCHD and HDV in IRA, and increase the remaining ones.

 

 

 

 

[Konebhar6]

4 minutes ago, vkk said:

 I have these in an IRA: SCHD, HDV, O, MO,JEPI, DIVO, VNQ

O and VNQ are REITS, so holding in tax advantaged. Going forward , plan to reduce SCHD and HDV in IRA, and increase the remaining ones.

 

 

 

 

How are Div Payouts in these categorized? Are they taxed.

BST and BSTZ categorized them as "Long term capital gain distributions" last year. They were not taxed. I never knew about that before. Even though their expense ratio is higher, no-tax more than makes up for it. I will have to start looking into REITs esp the ones focusing on office spaces. With Return to office, these are bound to go up.

[vkk]

20 minutes ago, Konebhar6 said:

How are Div Payouts in these categorized? Are they taxed.

BST and BSTZ categorized them as "Long term capital gain distributions" last year. They were not taxed. I never knew about that before. Even though their expense ratio is higher, no-tax more than makes up for it. I will have to start looking into REITs esp the ones focusing on office spaces. With Return to office, these are bound to go up.

O(Realty income) dividend is non-qualified, so will be taxed as ordinary income.
VNQ is a REIT ETF from Vanguard. I suspect its the same for most or atleast some of the dividend if not all.
Hence using tax advantaged space for the above.
 

[pavone]

This is my blog and I write articles about retirement. Most people have 401k which is taxdeferred vehicle which means you have IRS as you business partner for future taxes. 

With current US debt, there is a high chance that your taxes will increase but most of them have no plan for that. So, start thinking about tax-free vehicles and guaranteed income as volatality buffer to mitigate longevity and tax risk. Good luck!

https://www.edgefinancials.com/myblog/Retirement/

[JUST444FUN]

On 8/2/2023 at 11:36 AM, shaktimaan said:

ikkada chaala cheyochu bore kottakunda...imo bore anedi em cheyyalo telvani vaadiki untadi

60 tarvata em chaddam ani plan

Health save chesukoka pote, 45 ke bandi shed ki potundi. Tarvata travel kadu kada walk kuda sariga cheyalemu 

[jadugar]

3 hours ago, pavone said:

This is my blog and I write articles about retirement. Most people have 401k which is taxdeferred vehicle which means you have IRS as you business partner for future taxes. 

With current US debt, there is a high chance that your taxes will increase but most of them have no plan for that. So, start thinking about tax-free vehicles and guaranteed income as volatality buffer to mitigate longevity and tax risk. Good luck!

https://www.edgefinancials.com/myblog/Retirement/

HGI agent?

[Konebhar6]

4 hours ago, JUST444FUN said:

Health save chesukoka pote, 45 ke bandi shed ki potundi. Tarvata travel kadu kada walk kuda sariga cheyalemu 

Ppl should plan EU or SE Asian country(s) visits on their way to India. Lot to see and learn. Switzerland is a must see. 

[pavone]

4 hours ago, jadugar said:

HGI agent?

Nope, I am independent..

[vkk]

12 hours ago, Konebhar6 said:

How are Div Payouts in these categorized? Are they taxed.

BST and BSTZ categorized them as "Long term capital gain distributions" last year. They were not taxed. I never knew about that before. Even though their expense ratio is higher, no-tax more than makes up for it. I will have to start looking into REITs esp the ones focusing on office spaces. With Return to office, these are bound to go up.

BTW if taxes are a factor, smaller duration T-bills is another way to go. At least in this interest climate.

[Konebhar6]

On 8/4/2023 at 5:13 PM, ilakatamaflia said:

Ful time unnavallaki 401k ivnstment idea bagane undhi , but maa boti jannalki em cheyyali bro , contracting lo unnvalau em cheyali mari ? Shed some ligt know ..

 
401k emo free money match undhi from emplyer , i guess tax free if u wthdraw aftrr 65 sumtihing..

IRA laa max 6500 anukuntaa gaa, itla aite vere invstmneta kaani MF dentlo pettina tax dobbatti li gaa mari .. 

plse advise

 

You can invest in Roth IRA. But there is a limit I guess. This is after tax money. You can invest in MFs. Its not taxable after you reach 59.5 yrs. If you need money, you can withdraw your principle with out any penalty. capital gains are not taxable after 59.5 yrs.

There are some mutual funds where div is paid as "Capital gains" which means they are not taxable. BST/BSTZ is one such example. I am looking for such funds which pay a decent payout regularly and also whose value appreciate with stock market. 

[Konebhar6]

7 hours ago, vkk said:

BTW if taxes are a factor, smaller duration T-bills is another way to go. At least in this interest climate.

You still have to pay Federal taxes for T-bills but they are a decent bet in current stock markets.

[anna_gari_maata]

I won't retire ... 

Trump thatha is my inspiration...

70 ki teliyani field lo president ayyadu thatha, gasuntidi nenentha bocche gadini

[Konebhar6]

9 minutes ago, anna_gari_maata said:

I won't retire ... 

Trump thatha is my inspiration...

70 ki teliyani field lo president ayyadu thatha, gasuntidi nenentha bocche gadini

haha .. good anna .. 

naa uddesam lo retire antee job nundi .. you could still do something else outside work ..

[TKWQ]

2 hours ago, Konebhar6 said:

You still have to pay Federal taxes for T-bills but they are a decent bet in current stock markets.

Correct. Still have to pay federal taxes but can save on the state.