tag:blogger.com,1999:blog-5601819916630680133.post8029486487093319317..comments2024-01-23T23:07:00.959-08:00Comments on GRACEful Retirement: Why I'm Sticking with a Traditional 401 (k)Grace.http://www.blogger.com/profile/03557395027685855901noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-5601819916630680133.post-7751797730208078612013-06-06T03:10:11.685-07:002013-06-06T03:10:11.685-07:00You have to give a tube radio at least 20 to 30 mi...You have to give a tube radio at least 20 to 30 minutes just to warm up and <br />then you decide what frequency you want to be on and load the plate and tune <br />them up. And once you have your own project <br />that you want to promote, you must have considered the radio as one of the best alternatives to <br />introduce your music to the crowds. There are many websites that bring <br />to people radio channels for their personal entertainment.<br /><br /><br />Check out my page ... <a href="http://chatbash.blogspot.com/2012/11/first-of-many-giveaways-this-evening.html" rel="nofollow">chatbash.Blogspot.Com</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-89621844883766719722013-06-01T22:57:11.960-07:002013-06-01T22:57:11.960-07:00Similar to the cue ball that is shot in pools; thi...Similar to the cue ball that is shot in pools; this game involves coins and strikers that are essential to play carrom game.<br /><br />However, every character in the game (even supporting players) should be presented <br />in this same detail. In this addictive puzzle game, catch <br />that damn fly and avoid those tricky obstacles.<br /><br />my blog post; <a href="http://www.spielespielen24.de/geschick/oldest/21" rel="nofollow">www td</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-194730159367704262013-06-01T21:59:52.368-07:002013-06-01T21:59:52.368-07:00Even though your goal is just to lose 5 pounds in ...Even though your goal is just to lose 5 pounds in a week,<br />you should be strict with what you do so as not to inadvertently undo <br />all your hard work for vegetarian weight loss. Vinson had participants keep their normal diet <br />and exercise routines (or lack thereof) and merely added the <br />green coffee. Many people don't have the time to weight themselves every day, but checking the scale on a regular basis can definitely help when you're working to lose weight and keep it off.<br /><br /><br />Here is my web site :: <a href="http://www.dryanovo.net/new/modules.php?name=Your_Account&op=userinfo&username=RoxanaWil" rel="nofollow">http://www.elamit.net/public/tikiwiki/tiki-index.php?page=UserPagenikolewnh</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-22656402245659327802008-01-15T20:03:00.000-08:002008-01-15T20:03:00.000-08:00While you might be in a lower tax bracket during r...While you might be in a lower tax bracket during retirement, you are still going to pay taxes on more money. Say you put in $250,000 which grows to $1,000,000. You have to pay taxes on $1,000,000, no just the $250,000. Let's assume you put in $250,000 into the 401k. Your total taxes would then be $150,000, at best. To get the same amount of growth in a Roth, you would need to put in more money (same amount, but after tax). Say the total put in was $340,000 in pre tax dollars. This would also grow to $1,000,000. but you would pay only $80,000 in taxes. I don't see a way that doing a 401k over a roth would make any sense (except for doing the 401k through the match.)Stephaniehttps://www.blogger.com/profile/08891050014619301822noreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-48616142796960041452008-01-14T14:37:00.000-08:002008-01-14T14:37:00.000-08:00As usual, EMF, you've given me more to think about...As usual, EMF, you've given me more to think about. I won't being doing a Roth this year--too many cash-flow issues and too much debt to pay, but since it looks to me like you are correct, I'll need to take a closer look at a Roth in the future.<BR/><BR/>Thanks for the heads up.Grace.https://www.blogger.com/profile/03557395027685855901noreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-16193050413280060152008-01-13T16:13:00.000-08:002008-01-13T16:13:00.000-08:00I'm currently contributing to both a Roth IRA and ...I'm currently contributing to both a Roth IRA and a traditional 401k. I hope that it helps to break up the taxes I have to pay during retirementSavingDivahttps://www.blogger.com/profile/10267021491907810696noreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-66429648691619988462008-01-12T09:09:00.000-08:002008-01-12T09:09:00.000-08:00When analyzing what your tax bracket will be in re...When analyzing what your tax bracket will be in retirement, you should consider the taxation of Social Security benefits can effectively push you into a higher marginal tax bracket. See the Sept 9 post on my blog for more details.<BR/><BR/><BR/>I ran your numbers through a tax spreadsheet I set up. In 2008, a 65-year-old single with $1600/month Social Security and $1480/month tax-deferred distributions would net $3001 month after paying federal tax, assuming no deductions beyond the standard amount. That person would be in the 15% bracket but because she paid tax on $.50 of Social Security for each of the last few dollars of tax-deferred withdrawal, she is really in the 22.5% marginal bracket. This year she pays taxes on $1180 of her SS. But next year she'll pay taxes on even more of her SS benefit because the formulas for computing the tax is not indexed for inflation. And if tax rates go up in the future, say the 15% bracket were raised to 18%, then taxing $.50 of SS benefit would make it effectively a 27% bracket.<BR/><BR/>Even if it is to your benefit to stick with the traditional 401k based on your average expenses, it may be to your benefit to have some money in a Roth IRA. Let's say you have a major expense one year, such as a new roof or furnace for your house. Pulling the funds from your tax-deferred 401k in a single year could quickly push you into a higher tax bracket, while have some funds in a Roth IRA to cover it would prevent that.<BR/><BR/>If you decide that some of your savings should be in a Roth account, I'd look at the fees in your employer's plan. It might be better to use their plan up to the point of getting the match and then use a low fee provider such as Vanguard for a Roth IRA.Engineering My Finances (EMF)https://www.blogger.com/profile/05517935694411887194noreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-60532216063011662242008-01-04T03:38:00.000-08:002008-01-04T03:38:00.000-08:00Hi Grace,I think you are on the right track. Optin...Hi Grace,<BR/><BR/>I think you are on the right track. Opting for a 401k with pre-tax dollars is a great way to reduce your taxable income and at the same time you can get cash to pay off your debts. <BR/><BR/>Besides 401k, there are other options that help you deduct taxes, such as those available at: <BR/><BR/>http://www.cbsnews.com/stories/2007/02/18/uttm/main2491641.shtml<BR/>http://www.mortgagefit.com/tax/34tips-deduction.html<BR/><BR/>Regards,<BR/><BR/>JessicaUnknownhttps://www.blogger.com/profile/09375718787157850738noreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-55649147071862250012008-01-02T07:50:00.000-08:002008-01-02T07:50:00.000-08:00it's a juggle isn't it to try and balance the debt...it's a juggle isn't it to try and balance the debt reduction with the retirement planning when you get to the other side of 45!<BR/>I have decided to increase my pre-tax super contribution when I start my full time job. I htink you amde a good decision as well. Also spending the money on repairs for the house will keep it's value up and make it an even better investment in the long run. Best wishes for 2008 Grace :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5601819916630680133.post-81791880891743479252007-12-31T17:39:00.000-08:002007-12-31T17:39:00.000-08:00I think you made a good decision to increase your ...I think you made a good decision to increase your 401(k) contribution even though you did not get a raise. Never under estimate the power of compounding.<BR/><BR/>Best Wishes,<BR/><A HREF="http://Dividends4life.blogspot.com" REL="nofollow">Dividends4Life</A>D4Lhttps://www.blogger.com/profile/01335749596803945185noreply@blogger.com