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I assume you were not eligible for any early retirement opti

For example, if you had 25 years service with the company you could get the full 100% at age 62?
by Marmot
Mon Sep 22, 2014 6:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Pension buyout offer
Replies: 26
Views: 2271

So after all of this?

What state ? I am curious:)
by Marmot
Wed Sep 17, 2014 2:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Vacation Home
Replies: 27
Views: 2556

My approach

Smart people look at the percentages first, I don't necessarily because the attraction of totally removing one and taking that money and rolling into the next smallest bill is what we did before. I would think if the time frame was years to pay off a loan, then the % would really be important. If th...
by Marmot
Wed Sep 17, 2014 2:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Which debt to tackle first?
Replies: 21
Views: 1210

Re: Just my opinion

We rent our vacation property out and have a property manager do all of that work. Tax wise we don't get any deductions because we stay there more than 14 days a year. You might take a look at the IRS tax topics: http://www.irs.gov/taxtopics/tc415.html Staying more than 14 days limits the deduction...
by Marmot
Tue Sep 16, 2014 4:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Vacation Home
Replies: 27
Views: 2556

I agree with JJaster7 100%

Re: Should I get an Estate Planner? by jjaster7 » Mon Sep 15, 2014 12:42 pm You should use an attorney for estate planning, look for one with elder law and tax specialization. A financial advisor will be familiar with the issues but not an expert. It is an odd process to go through, but something yo...
by Marmot
Mon Sep 15, 2014 5:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should I get an Estate Planner?
Replies: 9
Views: 775

Just my opinion

We have the vacation home thing going just as you describe (since 2008). We love the area and intend to "snowbird" there 5 months a year starting 2015. Our main home is in Phoenix, so you can guess we want to go north May to October. We rent our vacation property out and have a property ma...
by Marmot
Mon Sep 15, 2014 4:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Vacation Home
Replies: 27
Views: 2556

Re: Quit/retire - should I do this?

@Marmot, so are you saying that a retiree (a person who quits) will not get any extras for quitting? That is, no 2 weeks pay per year of service? How about accrued vacation time? In some sense, it then becomes a slow grind of attrition of who can then last the longest: the employee doing less and l...
by Marmot
Thu Sep 11, 2014 11:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: Quit/retire - should I do this?
Replies: 41
Views: 3795

Re: Quit/retire - should I do this?

Hi Jim - just spent 10 minutes typing a reply and it didn't show up when I hit post, so I'll try this again. The reason I asked how your company has approached this in the past is that it is a great predictor of organization culture and philosophy. My company has recently participated in Reduction i...
by Marmot
Thu Sep 11, 2014 10:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: Quit/retire - should I do this?
Replies: 41
Views: 3795

Re: Quit/retire - should I do this?

Jim - has your organization ever done a reduction in force (RIF) or offered early retirement packages. I am an HR Director, I have some perspective.
by Marmot
Thu Sep 11, 2014 6:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Quit/retire - should I do this?
Replies: 41
Views: 3795

We were spun off at the end of 2012

Everything is fine. Same CEO, same VP's, same amount of locations across the country. I am in HR so have a bit of insight of how hard we tried to make everything "the same"...401k's, medical and so on. I read the dire warning before my post, I am sure it happens, but not in my case. As muc...
by Marmot
Tue May 27, 2014 8:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Your Company Ever Been "Spun-Off"? Any Stories/Suggestions?
Replies: 23
Views: 1917

No

I agree with the person who replied earlier, no one asked.
by Marmot
Wed Apr 30, 2014 1:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 158
Views: 12762

Bend Oregon

Two words. I haven't read all of the posts, I am confident you have received excellent feedback.
by Marmot
Thu Apr 24, 2014 5:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
Replies: 123
Views: 28221

Re: POLL: why carry cash?

I don't like to be tracked.
by Marmot
Sat Apr 19, 2014 11:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: POLL: why carry cash?
Replies: 243
Views: 13815

precious metal

Copper is hardly a precious metal. There are so many differing views on Dr. Copper. Clear enough to say if you want a long term position, this may it. It is a limited resource, many of the mines are/ have eaten through their high grade ore stores. What may come in the future is a lot more effort for...
by Marmot
Sat Apr 12, 2014 8:22 am
 
Forum: Investing - Theory, News & General
Topic: gold , silver, copper and uranium only
Replies: 46
Views: 3203

Decently written article on retirement

As always it contains interesting data, nothing suprising to this group. Pretty decent, not alarmist, just good fact finding on the status of retirement planning.


http://www.cbsnews.com/news/danger-zone ... king-down/
by Marmot
Mon Mar 31, 2014 1:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Decently written article on retirement
Replies: 22
Views: 3386

Re: Changing 403b provider, leave job with pension?

1b. If I end up leaving, what should I do with the 403b account.. It seems my choices are leave it where it is, roll into a new employers account (no idea if my future employer will even have one or have a decent one), or roll into a traditional IRA. Any advice here? I would personally roll it into ...
by Marmot
Thu Mar 27, 2014 6:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Changing 403b provider, leave job with pension?
Replies: 7
Views: 727

This a bit off topic

We don't have kids and are retiring early. When we set up our will, we decided to put 50% of all assets to go to an educational trust to attend college for any child in our family hierarchy . Hopefully our nieces and nephews children will benefit by having this avenue. The trust runs 500 years, mayb...
by Marmot
Sun Mar 23, 2014 11:04 am
 
Forum: Investing - Theory, News & General
Topic: Help me settle a debate -- Risk in Retirement
Replies: 61
Views: 4657

Re: What was your dumbest financial decision?

Kept money (100K) in AOL too long. Was right about a merger, never thought they would take over Time Warner. I was so sure it was going to be the other way around. Stayed in the stock even when it was going down, no discipline. Stopped playing the stock market after that and swore allegiance to the ...
by Marmot
Sat Mar 08, 2014 9:21 am
 
Forum: Personal Finance (Not Investing)
Topic: What was your dumbest financial decision?
Replies: 106
Views: 9573

Re: Considering moving to Oregon

We have a place in Bend. Oregon State has an extension there. Check out their job openings. Also - St. Charles health system is a pretty large employer. Bend has a Costco and Trader Joes - what else do you need in life?:)
by Marmot
Sat Mar 08, 2014 9:16 am
 
Forum: Personal Consumer Issues
Topic: Considering moving to Oregon
Replies: 33
Views: 2891

Re: Estate Planning- Attorney fees $5.5K

We just completely redid our trust and all related documents last year for $3.5K and my brother in law did his for $2.4K. We live in the Phoenix area. Ours was pretty complicated and included spill over trusts, regular trust, living wills, regular will, POA, etc. for both wife and I. We did all the...
by Marmot
Fri Feb 14, 2014 3:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Estate Planning- Attorney fees $5.5K
Replies: 34
Views: 4242

I think it can be best described as

We all swim in the same direction.
by Marmot
Fri Feb 07, 2014 12:19 pm
 
Forum: Investing - Theory, News & General
Topic: Why do Bogleheads invest differently?
Replies: 40
Views: 4184

401K rollover question

I rolled a 401K over to Vanguard in 2013. Fidelity sent me a 1099, how does Vanguard provide documentation that the monies were rolled into an IRA? I hope this makes sense?
by Marmot
Fri Jan 31, 2014 1:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: 401K rollover question
Replies: 2
Views: 169

Re: Anyone feed the birds?

Since moving out in the country a few years ago, my wife and I have enjoyed watching the birds coming to an outside bird feeder. Through trial and error, we found that the wild bird food which does the best job of attracting a variety of birds, including colorful woodpeckers, cardinals, jays, etc. ...
by Marmot
Wed Jan 29, 2014 11:33 am
 
Forum: Personal Consumer Issues
Topic: Anyone feed the birds?
Replies: 84
Views: 7016

Our tax bracket has always been the highest so

We chose to defer paying the taxes. We are both ER'ing in a few months. We are planning on 7 years (in which we will Roth $ over) of little or no planned income before I begin to collect a pension at 62. We will certainly be less that the 39% we are paying now.
by Marmot
Fri Jan 24, 2014 2:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: POLL: What Percentage of Your Retirement Portfolio is Roth?
Replies: 42
Views: 3103

Re: Salary information - need help

We are a non profit with 4 locations around the USA- $89,610 is the base.
by Marmot
Thu Jan 16, 2014 2:09 pm
 
Forum: Personal Consumer Issues
Topic: Salary information - need help
Replies: 10
Views: 1712

Re: Does it really make sense to max out tax-deferred?

We decided back in 1989 to max out both of our 401K's and have stuck with that until now. We have built a pretty sizable amount in tax deferred. I think I can add one persons perspective since I am now 56, so 25 years + on this strategy. We plan to early retire (ER) in May. Our investments (non-taxa...
by Marmot
Wed Jan 15, 2014 5:51 pm
 
Forum: Investing - Theory, News & General
Topic: Does it really make sense to max out tax-deferred?
Replies: 40
Views: 4190

Re: employee surveys

I've had managers in the past come around and ask people why they haven't taken the survey yet. And I sit there thinking "I thought it was supposed to be anonymous". Shouldn't they at least fake it and not give away what they're doing? And this is with a very large corporation that says a...
by Marmot
Sun Jan 05, 2014 11:04 am
 
Forum: Personal Finance (Not Investing)
Topic: employee surveys
Replies: 32
Views: 2119

Thanks for doing this

I really enjoy the information.
by Marmot
Sat Jan 04, 2014 4:50 pm
 
Forum: Investing - Theory, News & General
Topic: Net Worth Survey, 2014 Edition
Replies: 149
Views: 22435

I have been runnning company surveys

for at least 10 years. Ours are all confidential. We can't tell who a respondent is unless they put their name down. We use an outside, third party for our annual survey and Survey Monkey for quick, targeted surveys. Obviously there are folks who are always paranoid and think that big brother is out...
by Marmot
Fri Jan 03, 2014 6:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: employee surveys
Replies: 32
Views: 2119

+1

Don't over think it,Pay it Off,,keep it simple :happy Just be done with it. We just received an inheritance which allowed us to "retire" the mortgage. Did not think twice about it, still not thinking or regretting. We are mid-fifties. Had a house paid off a decade ago and then bought agai...
by Marmot
Fri Jan 03, 2014 12:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: To payoff mortgage or not
Replies: 59
Views: 2925

20.86

What a nice year.
by Marmot
Thu Jan 02, 2014 10:22 am
 
Forum: Investing - Theory, News & General
Topic: [Poll] What was your 2013 return?
Replies: 209
Views: 9417

Re: Lost records for cost basis of gifted Coca-Cola stock

WillyMcG wrote:I'll call Computershare on Monday


We had to do this about 2 months ago when we replaced lost documents. It went very well through Compushare, but did cost us money to do so.
by Marmot
Sun Dec 29, 2013 7:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Lost records for cost basis of gifted Coca-Cola stock
Replies: 16
Views: 1462

Re: What size portfolio are you managing Bogle style?

This thread makes me feel poor. :? Don't! Most of us started from zero..... Also, the thread asks - what size portfolio are you managing? It doesn't ask what size portfolio do you "own" and are managing Bogle style? There are more than a few financial professionals lurking on this board, ...
by Marmot
Sat Dec 28, 2013 10:23 am
 
Forum: Investing - Help with Personal Investments
Topic: What size portfolio are you managing Bogle style?
Replies: 48
Views: 4103

Las Vegas

At the Venetian.
by Marmot
Sun Dec 22, 2013 12:26 am
 
Forum: Personal Consumer Issues
Topic: New Year's Eve
Replies: 67
Views: 3332

Re: Swamped In Debt - Thoughts?

Thanks again for all the great comments! I plan on making a few lump sum payments on the 2nd mortgage in the next few days. As for taking additional money from the EF, I just don't feel too comfortable doing that. I figure we probably could have the remaining part of the 2nd mortgage paid off in 3 ...
by Marmot
Sat Dec 21, 2013 11:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Swamped In Debt - Thoughts?
Replies: 68
Views: 9004

Re: What to do if you don't have tax deferred space for bond

It may depend on your age. If you're old enough you might consider an annuity or something like that, which I think gives some tax advantages, but I'm not old enough (yet) to know for sure! Otherwise set up those tax advantaged accounts right now, today. It's not too late to make contributions for ...
by Marmot
Sat Dec 21, 2013 10:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: What to do if you don't have tax deferred space for bonds
Replies: 12
Views: 901

What to do if you don't have tax deferred space for bonds

If someone comes into an "found Money (say inheritance of 200K ), and they haven't ever set up IRA's or participated in a 401K/403B (so they don't have current tax deferred accounts) ; how best would they go about setting up a 60% Stock/ 40% bond portfolio in regards to tax efficiency? Of cours...
by Marmot
Sat Dec 21, 2013 10:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: What to do if you don't have tax deferred space for bonds
Replies: 12
Views: 901

Go to You Tube

I also just bought a Fujitsu ScanSnap, it came with the software. The documentation has been horrible, so I have been watching You Tube videos to learn.
by Marmot
Tue Dec 17, 2013 9:17 am
 
Forum: Personal Consumer Issues
Topic: Evernote anyone?
Replies: 6
Views: 857

Two batteries

on piece of paper that say "gift not included".
by Marmot
Sun Dec 15, 2013 10:12 pm
 
Forum: Personal Consumer Issues
Topic: Good Christmas (gag) gift
Replies: 18
Views: 1858

Re: inheritance-- max (or not max) retirement & 529s

Marmot, I'm curious if EFC calculation factors into your suggestion to pay off the mortgage or is paying it off independent of that issue? Thanks. Only personal preference. Last month we unfortuntely recieved a rather sizable inheritance. Paid off the mortgage without a thought. We had paid off a m...
by Marmot
Fri Dec 13, 2013 1:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: inheritance-- max (or not max) retirement & 529s
Replies: 5
Views: 694

You have a great set of questions

I would vote on maximizing out all tax advantaged accounts each year. I also would vote on paying off the mortgage (you will hear lots of different opinions on paying off mortgages) and take the money that was going to the monthly mortgage payment and put it in education funds for the kids. There wi...
by Marmot
Thu Dec 12, 2013 2:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: inheritance-- max (or not max) retirement & 529s
Replies: 5
Views: 694

Re: How to respond to request for current salary in an inter

"Remember that thread where some people thought talking about each others salaries was a FIREABLE offense?" That is an untrue statement in reality. Restricting such conversation is considered an unfair work practice by federal law. this is just one recent ruling: http://drewrysimmonsvorneh...
by Marmot
Wed Dec 11, 2013 6:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to respond to request for current salary in an interview
Replies: 113
Views: 7885

Re: How to respond to request for current salary in an inter

This is essentially an attempt to lowball you by anchoring the numbers where you're already at. I generally answer with something like "Is that an offer of employment?" then when they say no "Oh, then perhaps we should have that conversation later in the interviewing process". I...
by Marmot
Wed Dec 11, 2013 5:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to respond to request for current salary in an interview
Replies: 113
Views: 7885

Re: Paid off Mortgage today!

Paying off a mortgage early seems to be not keeping with the "Boglehead" mentality, does it? Paying off early seems to be saying "My portfolio of investments will return less after taxes than my after-tax mortgage rate?" For example: If you received your inheritance in 2009, wou...
by Marmot
Fri Dec 06, 2013 5:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Paid off Mortgage today!
Replies: 56
Views: 4339

Re: Paid off Mortgage today!

Don't forget to have the homeowner's insurance bill and property tax bill sent to you from now on, as the escrow account at the mortgage company/bank will be closed out (you should be getting a refund check.) I was wondering about that. When your mortgage is paid off, does the homeowner then pay ta...
by Marmot
Fri Dec 06, 2013 5:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Paid off Mortgage today!
Replies: 56
Views: 4339

Re: Paid off Mortgage today!

Congratulations! This is on my to do list for the coming months. Would you be willing to share the steps you went through to pull it off? Not how you came up with the money, but some details of the process. Like what sort of documentation you got, who you had to deal with, how you transferred the f...
by Marmot
Thu Dec 05, 2013 12:15 am
 
Forum: Personal Finance (Not Investing)
Topic: Paid off Mortgage today!
Replies: 56
Views: 4339

Paid off Mortgage today!

Just had to tell someone:) We did do it with an inheritance (sad to say), but cut the leash. Totally debt free.
by Marmot
Wed Dec 04, 2013 8:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: Paid off Mortgage today!
Replies: 56
Views: 4339

I had "that" conversation yesterday with my CEO

Told her that I was ER'ing in January. I am 56, so it was a bit of a suprise. For those of you that are looking forward to the conversation, all I can say it is bittersweet. My job situation is fine, it is just the right time to make a change of course and get on to whatever lies beyond.
by Marmot
Wed Nov 13, 2013 11:47 am
 
Forum: Personal Finance (Not Investing)
Topic: I had "that" conversation yesterday with my CEO
Replies: 19
Views: 3192

Re: Large Inheritance -- moving toward income

If it were me, I would consolidate everything I could under one flag if possible. Of course that would be Vanguard, because that is what we have done:). With that amount they will set you up with a plan (heck - anyone will do that I guess). People here will give you the proper percentages (60/40 is ...
by Marmot
Tue Nov 12, 2013 6:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Large Inheritance -- moving toward income
Replies: 15
Views: 2436
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