Search found 340 matches

by icefr
Sat Aug 29, 2015 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting infrequent expenses (refrigerator, new tires, paint house, etc)
Replies: 24
Views: 1947

Re: Budgeting infrequent expenses (refrigerator, new tires, paint house, etc)

For the first 3 years of owning my condo, I would just cash flow any home maintenance type things that came up. I now have 3 years of data that show I spend about $2,000/year, so now I'm setting aside $200/month going forward to cover these sorts of things.
by icefr
Fri Aug 28, 2015 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Loan Options vs. Selling Stock - Help needed
Replies: 9
Views: 595

Re: Loan Options vs. Selling Stock - Help needed

Sell those immediately too. With my old employer, I could actually set the RSUs to sell all immediately upon vesting and then they transferred the money to my checking account once the sale was done, very convenient. With my new employer, I can't do that, so I will just sell immediately. If your em...
by icefr
Mon Aug 24, 2015 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Loan Options vs. Selling Stock - Help needed
Replies: 9
Views: 595

Re: Loan Options vs. Selling Stock - Help needed

I sell all of my ESPP shares as soon as they're purchased, without worrying about the market going up/down. I then diversify the money into my savings/investments plan. I would highly recommend doing that going forward. Thanks - what about the RSUs? Any recommendations for those? Sell those immedia...
by icefr
Mon Aug 24, 2015 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Loan Options vs. Selling Stock - Help needed
Replies: 9
Views: 595

Re: Loan Options vs. Selling Stock - Help needed

Option 1: Sell Stock I currently participate at an ESPP at work, every 6 months we are able to purchase stock at a small discount. I can sell those shares immediately and access about 1/2 of the cash I need. I could also sell older lots I'm still holding, however those would come with large capital...
by icefr
Sun Aug 23, 2015 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Having Trouble Deciding on Health Insurance
Replies: 9
Views: 1047

Re: Having Trouble Deciding on Health Insurance

My calculator says that if your combined medical costs for the year are < $936 (the CDHP premiums), then the HDHP is the best option. If you spend more than that, the CDHP is the best option. If you think that you would spend under $936/year on healthcare, I would consider the HDHP and contribute $...
by icefr
Fri Aug 21, 2015 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Having Trouble Deciding on Health Insurance
Replies: 9
Views: 1047

Re: Having Trouble Deciding on Health Insurance

My calculator says that if your combined medical costs for the year are < $936 (the CDHP premiums), then the HDHP is the best option. If you spend more than that, the CDHP is the best option. If you think that you would spend under $936/year on healthcare, I would consider the HDHP and contribute $9...
by icefr
Wed Aug 19, 2015 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken vs. Mint [Mac User]
Replies: 8
Views: 464

Re: Quicken vs. Mint [Mac User]

^^^ Good point. YNAB == You Need A Budget, which is discussed quite frequently in this forum. Search this forum for "YNAB" (the search box is in the top-right corner of this page). thanks icfr, LadyGeek, I actually just downloaded YNAB but was very turned off by the manual input. Unless I...
by icefr
Wed Aug 19, 2015 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken vs. Mint [Mac User]
Replies: 8
Views: 464

Re: Quicken vs. Mint [Mac User]

Have you considered YNAB? I would recommend it or Quicken over Mint if you actually want to create a budget. If you don't want to create a budget and just want to track your spending, then Mint would be fine.
by icefr
Wed Aug 19, 2015 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Refinance a few years before sale?
Replies: 9
Views: 821

Re: Refinance a few years before sale?

So your new rate would be 3.25% and your current rate is 3%? And increasing your rate would cost you $2,000? And the new one would be an ARM as well? I don't see any positives in this refinance and would just stick with the mortgage you have now. The new one would be a 5/1 ARM, so the rate would st...
by icefr
Wed Aug 19, 2015 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Refinance a few years before sale?
Replies: 9
Views: 821

Re: Refinance a few years before sale?

So your new rate would be 3.25% and your current rate is 3%? And increasing your rate would cost you $2,000? And the new one would be an ARM as well? I don't see any positives in this refinance and would just stick with the mortgage you have now.
by icefr
Wed Aug 12, 2015 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Excess Cash - Play Monopoly or Repay Debt?
Replies: 82
Views: 7972

Re: Excess Cash - Play Monopoly or Repay Debt?

Once you guys have paid down your consumer debt, I don't think that we the Bogleheads can really answer this question for you. It's really personal preference at this point. I would probably do the following: 1) Pay off your last car loan. In entirety. 2) So that you never need to take out a car lo...
by icefr
Tue Aug 11, 2015 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Excess Cash - Play Monopoly or Repay Debt?
Replies: 82
Views: 7972

Re: Excess Cash - Play Monopoly or Repay Debt?

Emergency funds: $91K personal EF (9 months of regular spending, 12 months fixed/necessary expenses) August update - $54K Rental Reserves: $40K (6 months fixed expenses) August Update - $57K Consumer Debt: $103K total August Update - paid down to $29K $6K car loan at 2.74% (1.4 yrs left) paid off! ...
by icefr
Mon Aug 10, 2015 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Covered by 2 insurances temporarily - HSA contribution?
Replies: 7
Views: 370

Re: Covered by 2 insurances temporarily - HSA contribution?

From IRA Pub. 969, http://www.irs.gov/publications/p969/ar02.html#en_US_2014_publink1000204039 Qualifying for an HSA To be an eligible individual and qualify for an HSA, you must meet the following requirements. You must be covered under a high deductible health plan (HDHP), described later, on the...
by icefr
Mon Aug 10, 2015 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about condo insurance H06 (esp liability)
Replies: 13
Views: 1260

Re: Questions about condo insurance H06 (esp liability)

I would call up the HOA insurance company and ask them very specific questions about what the policy covers. I did that recently and was then able to reduce my personal property coverage by $10k because it turned out that my insurance policy needed to cover less than I had thought it would.
by icefr
Fri Aug 07, 2015 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to roll after-tax lump sum into Roth IRA? (Already fully fund Roth IRA)
Replies: 15
Views: 746

Re: Best way to roll after-tax lump sum into Roth IRA? (Already fully fund Roth IRA)

It would probably be fair to say that some tax diversification would be beneficial and I should probably hedge my bet with a traditional 401(k) rather than just Roth 401(k) + Roth IRA... you have a good point. I'm 27 and I personally contribute $5.5k per year to my Roth IRA, $18k per year to my Tra...
by icefr
Fri Jul 31, 2015 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with very small 401k from previous employer
Replies: 27
Views: 969

Re: What to do with very small 401k from previous employer

$1435 is money. I would open a traditional IRA at a place I already had accounts. That ensures that you don't lose track of it. I have been very careful for decades to never lose a chance to keep money protected from taxes as long as possible. (I am not in a higher tx bracket as a retiree.) +1 I al...
by icefr
Fri Jul 31, 2015 11:56 am
Forum: Investing - Help with Personal Investments
Topic: What to do with very small 401k from previous employer
Replies: 27
Views: 969

Re: What to do with very small 401k from previous employer

$1435 is money. I would open a traditional IRA at a place I already had accounts. That ensures that you don't lose track of it. I have been very careful for decades to never lose a chance to keep money protected from taxes as long as possible. (I am not in a higher tx bracket as a retiree.) +1 I al...
by icefr
Fri Jul 31, 2015 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Help Requested! Cash to Invest + New 401k
Replies: 10
Views: 712

Re: Rebalancing Help Requested! Cash to Invest + New 401k

I like your new plan! It simplifies things a LOT. You guys have so many accounts (totally valid though!) that keeping things simple is a huge blessing. I know it helps me a lot. Taxable - Restricted employer stock - no new contributions 12% $82K mid cap US financial (60% will vest in 2017, 40% in 20...
by icefr
Tue Jul 28, 2015 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Refinance a few years before sale?
Replies: 9
Views: 821

Re: Refinance a few years before sale?

A few points: 1) Credit requests only show up on your report for two years. So if you wait three years to buy a house, they won't show up at all. 2) I would look for refinances that have no out of pocket cost. You'd probably need to find another ARM (to be able to find a sub-3% rate) and I'm honestl...
by icefr
Fri Jul 24, 2015 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: E-Statement Alert Gone for Chase Credit Card
Replies: 46
Views: 2587

Re: E-Statement Alert Gone for Chase Credit Card

The due date is always the same every month, so perhaps you could set yourself a reminder for a few days before that date and then pay it? Just in case the email doesn't come.
by icefr
Fri Jul 24, 2015 12:35 pm
Forum: Personal Consumer Issues
Topic: Should I take out a car loan?
Replies: 9
Views: 664

Re: Should I take out a car loan?

Your credit scores seem quite high and perfectly fine to me. I wouldn't take the car loan. I bought my current car with a loan and then I had to pay fees to get a new title after the loan was paid off because the credit union didn't take themselves off the loan. That required going to an office down...
by icefr
Fri Jul 24, 2015 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Can I link Vanguard company 401k with my Vanguard personal investor accounts?
Replies: 7
Views: 663

Re: Can I link Vanguard company 401k with my Vanguard personal investor accounts?

You should be able to - I started my first 401(k) at a company with a Vanguard one and when I added a Roth IRA and taxable account, I was able to do that quite easily online. You might need to call them if you somehow set up that up since it sounds like it's not already done.
by icefr
Thu Jul 23, 2015 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Picking the right mortgage refi
Replies: 3
Views: 505

Re: Picking the right mortgage refi

The 20 year seems like a great fit for your situation, especially to get out from under that 5% mortgage! One thing I would investigate though is a "no cost" refi, in which you pay $0 at closing AND lower your current rate a huge chunk.
by icefr
Thu Jul 23, 2015 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Balance between saving in taxable account and retirement account? (mega backdoor version)
Replies: 13
Views: 1560

Re: Balance between saving in taxable account and retirement account? (mega backdoor version)

WOW, 140k mortgage :) I bought a two bedroom condo for around 350k a few years ago and have aggressively paid down the mortgage with bonuses, which has helped me sleep a lot better at night knowing that I own most of the place. It definitely makes it hard to consider buying a house at some point as...
by icefr
Thu Jul 23, 2015 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) employer match true-up after leaving company
Replies: 27
Views: 1943

Re: 401(k) employer match true-up after leaving company

But my previous employer only matches if you contribute at least their X% *every* paycheck, so if you max out early, you stop getting the matching money. I maxed it out partway through the year and then they gave me the missing matching money in February as the "true-up". So you did event...
by icefr
Thu Jul 23, 2015 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Balance between saving in taxable account and retirement account? (mega backdoor version)
Replies: 13
Views: 1560

Re: Balance between saving in taxable account and retirement account? (mega backdoor version)

It sounds like you and your husband had some unexpected expenses this year and it is probably a good time to re-evaluate your spending for the year and see if you can re-build your taxable accounts. What level would you like your taxable/liquid accounts to be at? If you look at your spending and net...
by icefr
Thu Jul 23, 2015 11:44 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) employer match true-up after leaving company
Replies: 27
Views: 1943

Re: 401(k) employer match true-up after leaving company

Someone please educate me. I'm assuming if you put in enough each paycheck to get the full annual amount, you should be getting the full match each paycheck and there will be no true-up. Is this incorrect? What types of circumstances result in a true-up happening? That's what my current employer do...
by icefr
Thu Jul 23, 2015 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Housing related question: Should I sell, rent out or stay?
Replies: 36
Views: 2479

Re: Housing related question: Should I sell, rent out or stay?

OP here, update. We sold the house, see this thread . On 5/3/2012 I started this thread, writing: "The house is probably worth $500,000". On 6/22/2015, we sold for $880,000. Interesting results, with luck on our side. :sharebeer Now I need to figure out where to invest the money :idea: Bu...
by icefr
Thu Jul 23, 2015 11:32 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) employer match true-up after leaving company
Replies: 27
Views: 1943

Re: 401(k) employer match true-up after leaving company

I left my previous company in January of this year and saw my true-up match in late February, which is when they do the true-up match. I hadn't expected the true-up match, so I'm glad I waited to move my 401(k) until I'd started the new job and got their 401(k) set up, which happened to be after th...
by icefr
Wed Jul 22, 2015 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: young docs: 403b conversions and backdoor Roths
Replies: 15
Views: 1324

Re: Update>> young docs: 403b conversions and backdoor Roths

So I'm planning to convert my wife's 403b to her Roth at Vanguard. Just talked to a VG rep who told me there is no direct 403b>>Roth IRA pipeline. Rather, it is 403b>>Traditional IRA>>Roth IRA. He said the TIRA will hang around with a $0 balance for a couple years for tax accounting purposes. Are t...
by icefr
Wed Jul 22, 2015 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance after tax-advantaged counts are maxed?
Replies: 7
Views: 460

Re: Rebalance after tax-advantaged counts are maxed?

I do something similar. What I do is I make an investment plan for the year, usually in December/January. In it, I calculate: 0) how much I currently have in each account (pre-tax 401(k), Roth IRA, taxable) and total 1) how much I will contribute to each account: pre-tax 401(k), after-tax 401(k), Ro...
by icefr
Wed Jul 22, 2015 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) employer match true-up after leaving company
Replies: 27
Views: 1943

Re: 401(k) employer match true-up after leaving company

I left my previous company in January of this year and saw my true-up match in late February, which is when they do the true-up match. I hadn't expected the true-up match, so I'm glad I waited to move my 401(k) until I'd started the new job and got their 401(k) set up, which happened to be after the...
by icefr
Tue Jul 21, 2015 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Mechanics and timing for sale of employer stock
Replies: 5
Views: 290

Re: Mechanics and timing for sale of employer stock

My previous employer's RSU plan allowed me to set it to "sell all shares immediately" as a tax election. I could only make that election during a trading window, but then that took away the guess work of when to sell and meant that my shares could be sold even outside of a trading window. ...
by icefr
Tue Jul 21, 2015 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: One child: get a mortgage or rent the house?
Replies: 17
Views: 1104

Re: One child: get a mortgage or rent the house?

Do your son and his spouse want you to buy them a house? I wouldn't want my parents or my SO's parents to buy us a house - it would feel like an incredibly controlling move on their part.
by icefr
Tue Jul 21, 2015 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: $11,000 bonus...where should I put it?
Replies: 27
Views: 2499

Re: $11,000 bonus...where should I put it?

I would use the $11,000 to max out both of your Backdoor Roth IRAs myself. I would only pay down the 5.5% loan after maxing out both of your pre-tax 401(k)s and Backdoor Roth IRAs.

You don't mention how much you have in 401(k)s and IRAs already though, which could sway us.
by icefr
Tue Jul 21, 2015 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Finally getting finances & investments in order... need help!
Replies: 24
Views: 1305

Re: Finally getting finances & investments in order... need help!

MickeyMoustache wrote:Have 40k in an old 401k that is partial roth, partial traditional 401k


I had an old 401(k) that was part Roth, part traditional. I was able to roll the Roth part to my Vanguard Roth IRA and the traditional part to my new 401(k). That's one option there.
by icefr
Tue Jul 21, 2015 11:43 am
Forum: Investing - Help with Personal Investments
Topic: New Job - Starting a 401K - Advice on Allocation
Replies: 5
Views: 418

Re: New Job - Starting a 401K - Advice on Allocation

Hey guys, I've recently came across this forum after researching a bit into 401k mutual funds. I just began a new job and am starting my 401k. I'm 27 years old and am willing to absorb risk from now until my retirement. I'm new to this so any insight or advice would be greatly appreciated. My curre...
by icefr
Tue Jul 21, 2015 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Finally getting finances & investments in order... need help!
Replies: 24
Views: 1305

Re: Finally getting finances & investments in order... need help!

Income: $226k/yr before bonus (130/96k dual income) Do you have the bandwidth to contribute to a Roth IRA for each of you? It sounds like you have no Traditional IRAs (please confirm on this) and if so, then you can use the Backdoor Roth IRA. 401k: Have 40k in an old 401k that is partial roth, part...
by icefr
Mon Jul 20, 2015 11:26 am
Forum: Investing - Help with Personal Investments
Topic: 26 in California: Maxing out Roth IRA/401k, but what to do about HSA?
Replies: 19
Views: 2306

Re: 26 in California: Maxing out Roth IRA/401k, but what to do about HSA?

#1. Yes you can use it for any eligible expense incurred after opening the HSA with no time limit between when the expense happens and when you submit the receipt for reimbursement. You don't need to be eligible to contribute to the HSA at the time. We tried to use funds in our HSA to pay for our 3...
by icefr
Thu Jul 16, 2015 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Should we go without Health Insurance for 5 Days?
Replies: 32
Views: 1517

Re: Should we go without Health Insurance for 5 Days?

Also, do you know when the exact date that his health insurance ends? I left my previous job in early January and my health insurance didn't end until the 31st of January.
by icefr
Thu Jul 16, 2015 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Should we go without Health Insurance for 5 Days?
Replies: 32
Views: 1517

Re: Should we go without Health Insurance for 5 Days?

Are you employed? Can you jump on your health insurance for the next few months? Your husband leaving his job should be a qualifying life change event for you to be able to enroll in your health insurance.
by icefr
Thu Jul 16, 2015 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: House vs. ROTH 401k vs. pre-tax 401k
Replies: 6
Views: 613

Re: House vs. ROTH 401k vs. pre-tax 401k

Hi, I am new here, I have gone through the guidelines and am trying to follow them but if I missed something, I apologize in advance! Welcome to the forum! I am 28, single, make $140k/year, and live in San Francisco. I have about $180k in savings, 85% of it is sitting in a high yield savings accoun...
by icefr
Thu Jul 16, 2015 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Switching Jobs - Things to consider?
Replies: 4
Views: 563

Re: Switching Jobs - Things to consider?

Congrats on the new job! I would wait on doing anything the old 401(k) until you get set up at the new job. I did that and ended up rolling my old 401(k) to the new 401(k) because its funds were reasonable. I can always roll the money back out to a Rollover IRA at Vanguard if I change my mind. It's ...
by icefr
Wed Jul 15, 2015 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: How should I redesign my retirement portfolio?
Replies: 12
Views: 1754

Re: How should I redesign my retirement portfolio?

Thank you for the advice icefr, great stuff! You're very welcome! The one exception is I do not have any choice over what funds make up by 401k. My 401k is made of Target Retirement 2050 Trust I (VFIFX) and the company stock match, its the only option my company provides. I'm very confused on this ...
by icefr
Wed Jul 15, 2015 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: How should I redesign my retirement portfolio?
Replies: 12
Views: 1754

Re: How should I redesign my retirement portfolio?

Note that this board is heavily indexed by Google and I would recommend that you edit your posts to remove your employer's name and stock ticker, as well as removing the number of shares you hold and will vest soon :) If your RSUs are vested, then they are 100% yours and you should list them in your...
by icefr
Wed Jul 15, 2015 8:16 am
Forum: Investing - Help with Personal Investments
Topic: American and Canadian living in Switzerland: Investing and tax questions
Replies: 7
Views: 613

Re: American and Canadian living in Switzerland: Investing and tax questions

Icefr - We have been filing the FBAR yearly. My bank insists on seeing proof of this every year. I think the Swiss banks are taking this seriously. If you know of an immigration attorney familiar with Canadian/American/Swiss tax treaties, I'd love his/her name. I think it is a pretty difficult comb...
by icefr
Tue Jul 14, 2015 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: relocation budget and tax deduction for moving expenses
Replies: 7
Views: 606

Re: relocation budget and tax deduction for moving expenses

I'm only commenting on the tax part. I saw a pay statement for the relocation amount and it was taxed as a bonus, so 25% federal, plus social security and medicare. Mine was something like $7,500 direct deposited and then $2,500 federal taxes paid, plus $620 Social Security and $145 Medicare tax. Yo...
by icefr
Tue Jul 14, 2015 11:54 am
Forum: Investing - Help with Personal Investments
Topic: American and Canadian living in Switzerland: Investing and tax questions
Replies: 7
Views: 613

Re: American and Canadian living in Switzerland: Investing and tax questions

It sounds like you should consult with a US immigration attorney for 1 and for 2a, a tax advisor who is familiar with Canadian/Swiss/US tax treaties. Even if she's married to you, she would still need to go through the process to get a green card AGAIN if she gives hers up. It's possible that hers i...
by icefr
Mon Jul 13, 2015 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: 27 Year Old Medical School Graduate With Financial Questions
Replies: 19
Views: 3429

Re: 27 Year Old Medical School Graduate With Financial Questions

cjones27 wrote:We get paid once a month, too...Which is miserable.


Why is it miserable to only get paid once a month? Most of my bills are monthly, so I quite liked getting paid monthly. My new job pays twice a month, which is okay too I guess, but once a month was just fine.
by icefr
Fri Jul 10, 2015 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 401k help
Replies: 8
Views: 555

Re: Vanguard 401k help

Also, are you contributing to a Roth IRA? If you don't have any traditional IRAs, you should be able to use the Backdoor if you're not normally eligible. (Search on the wiki for "Backdoor Roth IRA")

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