Search found 36 matches

Go to advanced search

by Kitkat76
Mon Apr 13, 2015 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Tax filing troubles
Replies: 1
Views: 219

Tax filing troubles

Getting my taxes filed has been a mess this year. My accountant is fairly knowledgable but not very responsive. I went in for my tax appointment my on March 25th and my taxes are currently still in limbo since I just found an error in the finalized copy forwarded to me today. It turns out that there...
by Kitkat76
Sun Mar 01, 2015 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Legal Fees for Trusts and Wills
Replies: 37
Views: 2817

Legal Fees for Trusts and Wills

All, I am looking for a lawyer in the Baltimore county area in MD to provide a Revocable Living Trust, Health Care POA, and Will. I'm trying to figure out a reasonable flat fee would be for these documents. What should I be looking for in a law firm in the selection process? Are there any other docu...
by Kitkat76
Sun Nov 16, 2014 1:40 am
Forum: Investing - Theory, News & General
Topic: Value Averaging: My experience after 9 years
Replies: 24
Views: 4759

Re: Value Averaging: My experience after 9 years

Question for OP,
What rate of return did you use for your value average strategy and is it something that you have changed at anytime during your path?
by Kitkat76
Wed Jun 11, 2014 11:05 am
Forum: Personal Finance (Not Investing)
Topic: HSA and FICA
Replies: 4
Views: 381

Re: HSA and FICA

Thanks, that helps a lot! Am I also safe to assume that I would also save an additional 0.9% on Medicare tax for since I will be over the $250,000 threshold?

thanks
by Kitkat76
Wed Jun 11, 2014 10:34 am
Forum: Personal Finance (Not Investing)
Topic: HSA and FICA
Replies: 4
Views: 381

HSA and FICA

I recently elected to join a High Deductible Health Plan (HDHP) but would like to use a bank outside my employer's default administrator (Pay Flex). The customer service representative at HSA Bank warned that allowing my employer to directly deduct pretax income could save me FICA tax, potentially 1...
by Kitkat76
Wed Jun 11, 2014 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Health savings plan
Replies: 1
Views: 170

Health savings plan

For the last few years my employer has had a Medical reimbursement plan that allowed us to write off qualified medical expenses as a pretax expenditure. Different from an HSA plan or a flexible spending account, the Medical reimbursement plan does not require monies to be set aside into a separate a...
by Kitkat76
Sun May 18, 2014 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you invest into equities and bonds per month?
Replies: 14
Views: 1986

How much do you invest into equities and bonds per month?

Here's something I've always wondered about. Please include pre and post tax contributions both made by yourself and your employer. I would have liked to have linked the options to pretax salary but I couldn't figure out an easy way to do it.
by Kitkat76
Sun Feb 23, 2014 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Value averaging
Replies: 5
Views: 462

Value averaging

For those using value averaging, what do you use for a rate of return? Also, should the chosen rate of return remain constant for the entire period of investment or should it change as your allocation towards bonds increases as retirement approaches?
by Kitkat76
Mon Feb 10, 2014 9:51 pm
Forum: Personal Consumer Issues
Topic: Closets etc for new home
Replies: 17
Views: 2034

Re: Closets etc for new home

Thanks for all the responses! We are not really DIY'ers so we'll look to vendors like CC based on the recommendations here.
by Kitkat76
Mon Feb 10, 2014 12:42 am
Forum: Investing - Help with Personal Investments
Topic: Convert Traditional to Roth IRA?
Replies: 39
Views: 2297

Re: Convert Traditional to Roth IRA?

Couple of thoughts 1) If your wife had an HSA account she could potentially roll over a portion of her pretax basis over tax free. 2) Consider the effect of tax diversification in adding a new Roth account to your portfolio. Even though you are currently in the highest marginal tax bracket today, it...
by Kitkat76
Sat Feb 08, 2014 12:31 am
Forum: Personal Consumer Issues
Topic: Closets etc for new home
Replies: 17
Views: 2034

Closets etc for new home

My wife and I are moving to our new town home next month and need to install closets and window dressings. There are so many vendors out there. California Closets seem a bit pricey although they do have a decent selection. Any recommendations and experiences welcome and appreciated!
by Kitkat76
Sun Jan 26, 2014 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: HSA question
Replies: 2
Views: 383

HSA question

I am considering opening an HSA account when health plan elections roll around this July. After reading some posts on the subject, I have some considerations that I wanted to run by the folks on this forum to make sure I have all my bases covered. 1) Is there an advantage to making the annual contri...
by Kitkat76
Mon Jan 13, 2014 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: 401K vs IRA
Replies: 8
Views: 729

Re: 401K vs IRA

Congrats on getting started at an early age. Since your Company contributes 6% to your 401k without regard to what you contribute, a traditional IRA would be preferable to contributions to your 401k simply because you have more investment options. Of course ideally it would be best to fully contribu...
by Kitkat76
Wed Jan 08, 2014 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance Quotes
Replies: 5
Views: 843

Life Insurance Quotes

I just received a term life insurance quote from my broker and wanted to see if its on par with whats out there. I'm a 37 year old healthy, non smoker. Quotes range from 20 year 1.5 million- $1,655 base with $225 WOP rider ($1,880 total per annum) to $2,155 base with $495 WOP rider ($2,650 total per...
by Kitkat76
Sun Sep 08, 2013 3:51 pm
Forum: Personal Consumer Issues
Topic: Tivo subscription monthly or lifetime
Replies: 19
Views: 3096

Tivo subscription monthly or lifetime

Hi all, I'm looking to purchase a new Tivo Roamio Plus. I have always rented cable box dvr's but the new tivo seems to have a lot of features that look appealing. Does anyone have any suggestions whether monthly or lifetime subscription is the way to go? I guess a corollary question is, how long do ...
by Kitkat76
Fri Aug 09, 2013 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: In need of life insurance
Replies: 9
Views: 646

Re: In need of life insurance

Thanks for all of the great replies. Our net worth stands at about 300k. I am 37yo and my wife is 34yo. We don't know if we want to have children but certainly no more than two. My wife will be able to live comfortably on 80k a year but would probably do fine with a minimum of 60k a year. I'd like m...
by Kitkat76
Thu Aug 08, 2013 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: In need of life insurance
Replies: 9
Views: 646

In need of life insurance

I am 37 years old and recently got married. We have no children. My wife has quit her job and we are living comfortably off my income. I need life insurance and would like some insight from the forum. Firstly, how much life insurance do I need? My current liabilities include mortgage on an investmen...
by Kitkat76
Mon Aug 05, 2013 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: New town home purchase- Help me pick a lot
Replies: 10
Views: 586

Re: New town home purchase- Help me pick a lot

Lot B is entrenched in the community so it is surrounded by town houses. You guys have certainly given me some things to think about. I think more research is in order.
by Kitkat76
Mon Aug 05, 2013 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: New town home purchase- Help me pick a lot
Replies: 10
Views: 586

Re: New town home purchase- Help me pick a lot

The rest of the area is nice. Its not a high crime area but I am not certain if the neighboring lot is residential or commercial, but if I had to guess, it looks more commercial than residential. It is not listed for sale and according to the builders, it is a bank owned lot. For what its worth, I d...
by Kitkat76
Mon Aug 05, 2013 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: New town home purchase- Help me pick a lot
Replies: 10
Views: 586

New town home purchase- Help me pick a lot

I am looking to purchase a 2030 - 2510 sqft. townhome in a new development. We love the neighborhood. My wife loves the convenience of being able to walk everywhere. There is a 10 year tax abatement whereby we only have to pay 45% of the taxes normally charged. The issue is picking a lot (A v.s. B)....
by Kitkat76
Mon Jul 29, 2013 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Changing savings account in search for higher yield
Replies: 20
Views: 1764

Re: Changing savings account in search for higher yield

I actually decided on a Ally money market account. FDIC insured, 0.84% interest with free ATM fund access, and free checks. The only downside I can see is the lack of bill pay since it is a money market account. I'll keep my Bank of America checking for bill pay for now.
by Kitkat76
Sat Jul 27, 2013 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Mint Vs Ibank Vs Quicken for mac
Replies: 41
Views: 7675

Re: Mint Vs Ibank Vs Quicken for mac

Im a mac user as well. I use ynab (you need a budget) and personal capital. Very happy with both.
by Kitkat76
Fri Jul 26, 2013 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Changing savings account in search for higher yield
Replies: 20
Views: 1764

Changing savings account in search for higher yield

After seeing another paltry interest deposit this month in my bank of america savings account, I am taking my money elsewhere. I've read some poor online reviews on Ally and Capital One 360 mostly with regard to customer service and fund access (the latter being somewhat disconcerting). I'm also cur...
by Kitkat76
Wed Jul 24, 2013 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended Percentage Savings
Replies: 18
Views: 2504

Recommended Percentage Savings

There are some general recommendations on savings rate percentages from various sources throughout the internet. Most sources advocate 15%-30% as a general guideline. When assessing your own personal savings rate, what figures are you using? Do you use purely post tax dollars to calculate your rate ...
by Kitkat76
Fri Jul 19, 2013 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: What's your budget look like?
Replies: 45
Views: 3537

Re: What's your budget look like?

Indeed, my percentages reflect post tax dollars allocation and I have coalesced some categories for simplicity. I do have a more detailed account of my budget but didn't want to bore the forum with particulars. I do have every last dollar categorized. My transportation costs are extremely low as I o...
by Kitkat76
Fri Jul 19, 2013 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: What's your budget look like?
Replies: 45
Views: 3537

What's your budget look like?

So I just started using a budgeting app called ynab (you need a budget) which breaks down expenses quite nicely. I thought it might be fun to compare budgetary numbers to get a point of reference amongst bogleheads. Here is my breakdown. Savings/Investments- 50% Mortgage/Household-30% Monthly Bills/...
by Kitkat76
Wed Jun 12, 2013 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation evaluation [Asset Allocation for Roth]
Replies: 6
Views: 676

Re: Allocation evaluation [Asset Allocation for Roth]

I've changed things around a bit. It's easy enough to manage with a simple spreadsheet. Any suggestions would be appreciated. Taxable 7.8% V.500 Index 15.6% V.Total International Index Fund 7.8% V FTSE AW ex-US Small Cap Index 4.5% V.Tax Managed Small Cap Index 3% EE Bonds 3% I Bonds Roth IRA 3.3% V...
by Kitkat76
Sat May 25, 2013 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing with new contributions
Replies: 6
Views: 451

Rebalancing with new contributions

It seems there are many opinions on rebalancing frequency and its benefits. Most feel that rebalancing too frequently can be detrimental to a portfolio by cutting off the momentum of an asset class. I am in the accumulating phase of portfolio growth where the account can be essentially rebalanced wi...
by Kitkat76
Wed May 15, 2013 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: At what point does a fund become tax inefficient?
Replies: 17
Views: 2158

At what point does a fund become tax inefficient?

So I understand that there are some items that contribute to a fund's tax inefficiency and thus its appropriateness in a taxable account. I am speaking specifically about fund turnover, capital gains distribution, and dividend yield. Are all these things factored into Morningstar's tax cost ratio? A...
by Kitkat76
Mon Apr 29, 2013 3:30 am
Forum: Investing - Help with Personal Investments
Topic: Am I too conservative?
Replies: 17
Views: 1909

Re: Am I too conservative?

The other monkey wrench in the matter is that I contribute to a Roth 401k within my 401k. If I moved all my fixed income into my 401k which would account for about 24% of my total portfolio, would it be worth continuing to contribute to the Roth 401k or should I just designate all funds as 401k fund...
by Kitkat76
Mon Apr 29, 2013 2:51 am
Forum: Investing - Help with Personal Investments
Topic: Am I too conservative?
Replies: 17
Views: 1909

Re: Am I too conservative?

Paul, You are right. I do contribute regularly to my 401k. There are some issues with the plan. I actually have no idea what the expense ratios are on the plans. I can only assume they are high since all the plans are actively managed. There has been some moaning amongst our department to reevaluate...
by Kitkat76
Sun Apr 28, 2013 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Am I too conservative?
Replies: 17
Views: 1909

Re: Am I too conservative?

I've tried to tweak the portfolio a bit to make it more tax efficient. I contribute significantly to my brokerage account monthly and so that account must hold all types of funds in order to maintain balance within the entire account. Is there another way to maintain balance within the portfolio whi...
by Kitkat76
Sun Apr 28, 2013 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Am I too conservative?
Replies: 17
Views: 1909

Am I too conservative?

Bogleheads, Looking at Vanguard's Target Retirement plan for my age cohort (36-40), it looks as if they are currently allocating 90/10 equities vs bonds. My own allocation is about ~75/25. Is my allocation too conservative or is the target retirement fund too aggressive? I am married with no childre...
by Kitkat76
Fri Apr 26, 2013 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Allocation evaluation [Asset Allocation for Roth]
Replies: 6
Views: 676

Re: Allocation evaluation [Asset Allocation for Roth]

Here is my current allocation Brokerage= 36.6% 6.0% V.500 Index 6.0% V.FTSE AW ex-US small-cap 6.0% V.International Value 6.0% V.Value Index 2.0% V.Small Cap Index 2.0% V.Small Cap Value 1.5% V.Total International Stock Index 4.5% V.Short Term Federal Fund 1.5% V.TIPS 1.1% V.Intermediate Term Tax Ex...
by Kitkat76
Fri Apr 12, 2013 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation evaluation [Asset Allocation for Roth]
Replies: 6
Views: 676

Re: Allocation evaluation [Asset Allocation for Roth]

Thanks for the reply, My wife does not have an investment portfolio. She grew up/worked overseas up until recently. The account in question is a Roth IRA account (most of the monies in the account was from a 401k rollover from a previous job). I do have a Roth 401k and 401k at my current job and hav...
by Kitkat76
Fri Apr 12, 2013 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation evaluation [Asset Allocation for Roth]
Replies: 6
Views: 676

Allocation evaluation [Asset Allocation for Roth]

Hi All, Im new to the forum and would like to get consensus on my current allocation in my Roth account. I am 36 years old and have a 25 plus year time horizon. My equity allocation is ~80/20 with 50/50 Domestic/International. Emergency funds: 7 months emergency fund Debt: Student loan 170k @ 1.62% ...

Go to advanced search