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+1 for refinancing to penfeds 5/5 ARM at 2.5%, no points and no closing costs.

You can self amortize over the 5 years and if you don't like the reset rate you can simply pay it off then.

I would simply pay off the student loan and get a credit card if you dont already have one. Get a rewards card, use it for everyday bills/living expenses and pay it off in full every month. Your credit score will not take a hit.

Sorry, lenders take a more conservative view. His leverage is the total amount of debt outstanding divided by total net worth. Adding leverage back into the denominator distorts that net worth figure. A lender would look to see how that leverage could be liquidated with ease - net equity is what ca...

$59,769 529 $3,775 PM $264,242 stocks $51,700 REIT $115,455 home worth $55,911 Bond $2,915 legacy stocks $2,772 Cash -$38,957 mortgage Debt $517,582 Net worth This is easy question I would guess, but I was wanting to make sure what my "leverage" of my mortgage debt is above? (btw the numb...

Do your best to just limit your savings for the next 7 years to 80k/yr until you reach 40. If able, bumb it up to 100k/yr. Hold constant until you reach 50. If able, bumb it up to 120k/yr. Hold constant until you reach 60 or retire. ENJOY the rest of your money and congrats on your success. If somet...

With the economic turmoil that occured from 2003-2013 I would expect corporate earnings were significantly lower than what had been expected in the years prior. The price of equities now seems to be anticipating that earnings will rebound and grow at a faster rate. In my opinion, looking at valuatio...

Awsome post... You are my role model and what I strive to become... I wish more poeple on here would do "milestone posts" when they reach 30, 35, 40 yrs old or 500k, 1000k in investable assets. (Iknow I see some but I know there are many more who don't share). Would love to see more stats ...

I'm pretty shocked by the results so far...

You guys need to live it up a little...

When you say your parents bought you a house does that mean its paid for in cash and titled in your name???

If thats the case, and I would strongly consider a cash out 30 year fixed mortgage to pay off your student loan debt (assuming the value of the home would allow you to do so).

It's posts like the OP that give me a reality check, and remind me how much the posters on this board are truly on the fringe of society's spending habits (ultra, ultra, ultra conservative). Lol. An awful lot of cities on the coasts where you need 600k for your basic, no-frills starter home. I didn...

$10,000,000 or 60 yrs old My goal number is 10 Mil for some of the same reasons already mentioned (Its a nice round number, its an extra digit than most peoples number and I'm narcissitic, I'm only 28 and my number needs to be huge in future dollars, its crazy to clalculate a realistic retirement nu...

I just swithced my holdings from SCZ to VSS. I had a Fidelity 401k with a brokerage link and had to face the 7.95 brokerage commision vs the difference in ERs. When i finally got to the point in portfolio size where I felt comfortable buying VSS just once a year when I reblanace I went with the lowe...

I sell my RSUs immediately as they vest. I used the proceeds to pay off debt and now just add to my taxable investments. I let my options run and haven't really exercised any as of yet. With a 10 yr term and being in a somewhat cyclical industry I plan to let them marinate for at least 6 years and t...

My questions for you would be:

1.) Whats your gross salary and how stable is your job?

2.) Who's Paying for your upcoming wedding?

3.) Why 10% down if you can wait a year and put 20% down, buy a little furniture, and still have 10k in emergency savings?

Just shy of 28 yrs old... 160k in retirement accounts. Conservative estimate of 40k in home equity. About 20k in an E-fund/ medium term Savings. Only non-mortgage debt is some grad school stundent loans I expect to be paid off this year sometime. Ecstatic about getting some expensive life events out...

Junior Year is a little late in the game to decide IB is the route you want to take. It is very competitive (even at HYP) and not everyone gets in. The GPA is hugely important in the recruitment process. She needs to go through her OCR (On-Campus-Recruiting) and if she is applying to the firms websi...

Yes, 30 year treasury yields are low, but be careful using single year PE. Even if the market value of a treasury bought today goes down, you are still receiving a (near) risk-less return of 3.2% if bought today. The implied 6% return from a stock index investment based on this year's earnings is N...

The majority of people under 30 who reads this board and acts on its advice will be a multi-millionaires later in life.

Granted the money will have less purchasing power but I think thats reason enough to be optomistic.

I pay 196 for the comcast "premier" triple play or whatever its called. Every few years when the promotional rate ends I call and tell them i'm willing to cancel my account unless they give me the promotional rate they offer to NEW customers (its always better than the offer there willing ...

A few thoughts I wanted to share... Understand that a top tier MBA is awsome and is even more valuable to someone like you who wants to do consulting at one of the most prestigious US firms. Understand also that the network and On Campus Recruiting are far and away THE most valuable attributes of at...

Well .... I do have a contingency 'housing plan' if anything really went downhill .... I have two now single (with no dependents) siblings who said I could reside with them, if it were ever needed. So, that's one large living expense off the table. Yes, I am adverse to risk. Regarding possibility o...

Your looking for just under a 6% nominal CAGR over 40 years. You could pick most any reasonable asset allocation and hold for 40 years. I think you definately cant go wrong with any 2050 target retirement fund. My personal choice would be a static 70/30 split rebalanced annually on my birthday: 15% ...

In regards to your followup, yes I agree with SScritic's assesment that in the best case scenario your IBR payments will be based on your total household income / 2 (or about 100k it looks like, after 8 years I don't think you'll be dramatically better off over just paying it and I think the flexibi...

I feel like your kind of in a tough place. Do you have any reservations about using "your" money which you were able to save before the marriage to pay down her substantial student loan debt? Do you have any plans for kids in the near future and/or have you thought about going to a one inc...

I see you are in a pretty high tax bracket and your monthly expenses are low. I would max 401K/Roth IRA and put extra cash flow on loans. Increase emergency fund to ~2 years. Should be easy with your income and expenses. Then borrow from 401K to pay off a chunk of loans. Treat 401K loan like a bond...

So in a few weeks my wife and I will taking a trip to Europe and will be spending about a week in both Rome and Paris. I known this is a well travelled group so i wanted to pose this question to the board: What are some of the best restraunts you can reccomend in either Paris or Rome? I would like t...

I really like the "wealth scoreboard" work done by Scott Burns.

Breaks down net worth by age groups and percentiles. lets us younger folks feel a little better about our finances.

http://assetbuilder.com/scott_burns/the ... scoreboard

I'm going to begin a graduate program in January and wanted some advice on student loans. The program costs a total of 35k for tuition, books, graduation, etc. and is a 16 month program. My work will put in 5000 a year so I'm going to take advantage of that and I have around 5k saved up but most of...

My family doesn't understand saving, not to even mentione investing. Once I got my sister in law Suzie Orman book ,she said she wants to know how to get rich instantly. Mentioned a few times at work in general terms, no one I know is ready for Bogleheads john This has pretty much been my experience...

Most rational people want the best loan terms regardless of who the lender is (to an extent). Penfed has a 1.99% 60 mo. HEL with low closing costs. Thats the best rate I can find and my cost to access that loan includes a $25 donation. Done and done. I personaly admire many veterans. Regardless of A...

Ummm... Does bogleheads have our first model???

You should definately spread the word to your friends to come on this site for advice. I want to give a special invite to join us at the next annual boglehead conference as well.

I find this discussion really interesting, especialy the regression numbers run by Camontgo (thank you for this by the way). It intuitively makes sense to me that the longer the time periods you look at the narrower the range of potential out comes becomes (relatively speaking; the 10yr returns have...

From an experienced Vegas tourist whos your age: Go with the bellagio if its only 300 extra over 5 nights. I disagree with renting a car. You can walk anywhere on the strip and take a cab anywhere else. There are buses for tour groups to the hoover damn. Budget your gambling money!! Set aside maybe ...

I think this is a very interesting concept... i think the leap is small to consider ones E-Fund (assuming it's held in a savings account, MM, CDs, I-bonds, ST bond fun etc) as part of fixed income. It's seems pretty intuitive. The equity in ones primary residence is a bigger leap. I see why it can b...

I think your AA is a little too conservative for someone in their mid-20s. Even at this allocation however, i think you'd be fine with a 2.75% withdrawl rate if you wnet ahead with it. I would really consider going at least 50/50 and would reccomend 60/40. You have a loooong time horizon (hopefully)...

We have the option of getting a traditional 30 yr. fixed mortgage or getting a 30 yr. fixed with a 10 year-interest only option (payments are amortized over the 30 year period). The interest rate is the same for both loans for the entire duration of the loan. Ordinarily, I'd take the traditional lo...

Thats a great portfolio and I'm assuming the Schwab funds would be free of transaction costs even if you invested 2x a month. For the international portion in the Fidelity account, I would look into FSGUX (Spartan Global ex U.S. Index Fund) with a 0.24 expense ratio. You could then invest 2x a month...

I have the same brokerage link option in my fidelity 401k. I use the Spartan Index Fund and the commision free ETFs Fidelity offers. If your intention is to totally revamp your portfolio in the Boglehead fashion you have some excellent choices available. Just based on your current portfolio I think ...

I can relate to you on the Emergency Funds part. I'm of a very similar age and income. My wife and I have decided to "run lean" with the E-Fund for a couple of years because we want to pay for our wedding, pay of my student loans from grad school, and pay in a lump sum to refinance our mor...

With catch-up contributions they can EACH put 6k into a traditional IRA per year to get a total of 12k. It sounds like they may be a bit risk adverse. I know my parents who are that age are very scared of change or big financial moves. What i'm going to suggest would be a large change for them and t...

I think your plan seems pretty darn spot on. I have only 2 thoughts when i read this. 1.) I would definately make sure to max out my 2012 Roth contributions before April. I would also prioritize making my 2013 Roth contributions even if it meant delaying paying the debt as soon as I'd like. This can...

You could also consider (if possible) switching your 401k contributions to go 100% traditional and even up your contribution percentage for the last few months of this year to make sure you max it out (if your not on schedule to do so already). This would be the simplest way in my mind to try and dr...

In the US, one of the main unknowns/concerns is healthcare, healthcare, and healthcare...

Awful lot of armchair economists around here nowadays.

I think more and more this is a case of "stay the course". All of my fixed income is 50/50 TBM and TIPS funds and will stay that way.

No reason other than ignorance with respect to my overweighting mid/small cap index. Looking at "Core Four" with a sprinkling of mid/small exposure, how does this look? 35% Fidelity Total Stock Market Index (FSTMX) .10% 25% Vanguard Total International Stock Index (VGTSX) .22% 20% Vanguar...

It's hard to tell without changing the percentages to show 100% of your portfolio total instead of 100% of each account. I would say you are DRASTICALLY overweighting mid and small cap stocks with your current set up. i would put more in the total market index and less in the extended market index (...

I would max the 401k because of your tax bracket and then throw everything else at the student loans. Each year move 5k of your emergency fund into a backdoor Roth but leave it invested in whatever it currently is/your comfortable with for an E-fund (MM, CDs, ST bond fund, etc.) You can always pull ...

If you want to really scare yourself click on some of the related article links for other stories about retirement on the Time and NYT sites. Then go read through some of the comments. A significant percentage of people out there really believe accumulating even 8x your annual salary in one lifetime...

Take a deep breath... Keep all of your money in your checking or savings account... Focus all of your energy on getting into med school, limiting the amount of debt you take on while in med school, and make the best grades you can in med school... Do not give investing, retirement, etc another thoug...

you should look for a different route.

Word on the street is "there are many roads to Dublin".