Search found 299 matches

by jane1
Tue Aug 18, 2015 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding Estate Tax - My Fears
Replies: 12
Views: 2121

Re: Avoiding Estate Tax - My Fears

My parents own a house in Silicon Valley which they bought before it was called Silicon Valley. As such, their cost basis is nothing compared to its current price, and they'd have to pay an enormous amount of tax if they were to sell it. At the same time, they want to move out, so that's a problem....
by jane1
Fri Aug 14, 2015 11:53 pm
Forum: Personal Consumer Issues
Topic: Smartphone woes
Replies: 12
Views: 1859

Re: Smartphone woes

As far as I know no-contract verizon smartphone can be used with WiFi without paying for any service. I haven't read through the link in your second post. Activation sometimes refers to registering the IMEI number in the system without having to pay anything. I know of Moto E buyers who have bought ...
by jane1
Fri Aug 14, 2015 5:22 pm
Forum: Personal Consumer Issues
Topic: Purchasing insurance
Replies: 3
Views: 368

Re: Purchasing insurance

I don't believe vision insurance is worth it. Costco, WalMart and some others have very affordable eyeglasses/contacts as well as eye-exam. Lot of people buy eyeglasses onliine as well. We have found that outlets that typically accept in-network insurance have overpriced frames and lenses anyway, so...
by jane1
Wed Aug 12, 2015 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance - Medical Payments coverage worth it?
Replies: 1
Views: 286

Auto Insurance - Medical Payments coverage worth it?

I am reviewing our auto insurance coverage and was wondering what BH thought of Medical Payments part of auto insurance coverage? State: CA Premium for this part: $35 for 6 months for $5000 worth of coverage Max possible is $25K coverage for $69 for 6 months, so this is not the same as some other st...
by jane1
Mon Aug 10, 2015 6:11 pm
Forum: Personal Consumer Issues
Topic: first time home buyer lifestyle decision
Replies: 14
Views: 1381

Re: first time home buyer lifestyle decision

We haven't been in the situation but had friends who ultimately went with the large acreage house. After a few months of novelty, they wanted to get out. It was too much work. They were quite isolated (few miles out), maintenance time & cost was high. Hosting was great initially, they enjoyed sh...
by jane1
Sun Aug 09, 2015 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Plz critique these auto insurance policies
Replies: 23
Views: 1795

Re: Plz critique these auto insurance policies

OMG, these are horrible prices. .... And lastly, if any insurance company charged me that much, I would just refuse to drive. With Uber and such, you can probably do it cheaper. +1 With $5200 annual premiums for her alone, I would look at Uber, zipcar and other options. How many miles a year does s...
by jane1
Sun Aug 09, 2015 11:38 am
Forum: Investing - Help with Personal Investments
Topic: I think i've won ?
Replies: 34
Views: 6007

Re: I think i've won ?

So, I do agree with you that such a high concentration in a single stock is risky, there's not much the OP can do to diversify this risk until after leaving the employment. Is it possible to purchase 6 month puts in the company stock that would protect the nest egg if the stock crashes and burns? +...
by jane1
Sun Aug 09, 2015 7:43 am
Forum: Investing - Help with Personal Investments
Topic: I think i've won ?
Replies: 34
Views: 6007

Re: I think i've won ?

Married file jointly 28% Fed in California 9% ish ( for now) Me company 401k through Principal Financial Group Balance $6.2 MM We spend about 11K per month after taxes. So, thoughts, concerns and comments please. Some back of the envelope calculations. At $11K per month that is $132,000 a year that...
by jane1
Sat Aug 08, 2015 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Quarterly Self Employment
Replies: 13
Views: 952

Re: Paying Quarterly Self Employment

So I pay quarterly taxes and handle the investments at years end? I really need to sit down with someone but I just figured I would get a little info on here. So Lost. My disconnect in understanding is that I use quickbooks and I track all my expenses and miles traveled. But there is no option to i...
by jane1
Fri Aug 07, 2015 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Quarterly Self Employment
Replies: 13
Views: 952

Re: Paying Quarterly Self Employment

Assuming sole prop self-employment. Everything ultimately gets adjusted on your tax return. The order of things is not as critical. You can put into solo401k/SEP IRA anytime by writing a check for contribution to that account. Note, deadlines of Dec 31/April 15. Self-employment taxes can also be 'pa...
by jane1
Fri Aug 07, 2015 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Get to 2.4 million in 10 years
Replies: 22
Views: 4629

Re: Get to 2.4 million in 10 years

Why are you filing separately? Rarely is that advantageous. That was my thought too. "Married Filing Separately" isn't the same as both of you filing as Single filers. You usually see a much higher tax bill because MFS often don't qualify for the same tax breaks as the other filing status...
by jane1
Fri Aug 07, 2015 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Clarification regarding taxes
Replies: 4
Views: 305

Re: Clarification regarding taxes

OP wrote "should be kept in tax-advantage accounts. Are the income from bonds always taxed at current bracket you are in when bonds mature? If buying bonds with maturity in the post-retirement time period, would having them in tax-deferred be better?" I haven't watched the videos you are r...
by jane1
Wed Aug 05, 2015 5:36 pm
Forum: Personal Consumer Issues
Topic: auto insurance coverage - please suggest
Replies: 4
Views: 433

Re: auto insurance coverage - please suggest

Since you have umbrella insurance, I am assuming you have at least certain savings/assets and can afford to pay higher out-of-pocket (deductibles). Some things to consider Increase comprehensive deductible to $500 or $1000 Increase collision deductible to $1000 Reduce Liability Property Damage to $1...
by jane1
Tue Aug 04, 2015 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Helping cash poor, land rich relative
Replies: 26
Views: 4669

Re: Helping cash poor, land rich relative

Hopefully there isn't a large capital gains implication after the sale of home/land.
by jane1
Tue Aug 04, 2015 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: How necessary is Personal Injury Protection / Medical Expenses for Auto Insurance?
Replies: 15
Views: 1159

Re: How necessary is Personal Injury Protection / Medical Expenses for Auto Insurance?

Some of these coverages are highly state dependent, might be helpful if you post your state. Others more knowledgeable can chime in. I don't know much more than your OP, but for CA, I concluded that the main thing that Medical Payments would cover, in case of your fault, it would cover any health in...
by jane1
Tue Aug 04, 2015 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Perfect Time to Convert 401k to Roth IRA?
Replies: 9
Views: 740

Re: Perfect Time to Convert 401k to Roth IRA?

What is your marginal tax rate (federal and state) in 2015? 2016? What is it expected to be in the next few years and in retirement? How much is the approx conversion amount? Are you close to the bottom of a tax bracket or close to the top, without the conversion? In general, for most people, conver...
by jane1
Tue Aug 04, 2015 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Best strategy for retired MIL - taxable and IRA acct
Replies: 2
Views: 197

Re: Best strategy for retired MIL - taxable and IRA acct

I tried to go through your previous posts. Can you link to the appropriate threads in your original post that provides more information about her finances. Or even better, post tha facts in this thread. Her income, her tax bracket, size of portfolio, the kind of unrealized gains she has in her taxab...
by jane1
Tue Aug 04, 2015 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 128
Views: 13670

Re: $13 Million Goal for Early Retirement (am I crazy?)

Congratulations on what you have achieved and learned at such an early age! A few random thoughts - Increase your spending slowly. I know and understand you don't want anything more right now and you are very satisfied. Same here. Why do you think you will want so much more after 20 years? Develop y...
by jane1
Tue Aug 04, 2015 11:16 am
Forum: Investing - Theory, News & General
Topic: TD Ameritrade Solo Roth 401k/Coverdell ESA
Replies: 12
Views: 880

Re: TD Ameritrade Solo Roth 401k/Coverdell ESA

Also, does anyone know how to do the proper record keeping for employee versus employer contributions if one is a sole proprietor? I have not seen this distinction anywhere on my TDA statements or website and the phone rep I spoke with stated this is left up to the Plan Administrator (who then woul...
by jane1
Mon Aug 03, 2015 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Car price negotiation--already discounted?
Replies: 13
Views: 1458

Re: Car price negotiation--already discounted?

I normally look at Edmunds forum. There is typically a thread for prices paid for the particular model you are looking for. Keep in mind to adjust for state tax as well as purchase date/month. You might be able to find more info here.
http://forums.edmunds.com/discussions/t ... yota/prius
by jane1
Mon Aug 03, 2015 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion: Threshold checklist
Replies: 50
Views: 3518

Re: Roth conversion: Threshold checklist

I know that Bogleheads don't believe in market timing but it would help those of us considering Roth conversions if there was a correction in the market. Yes. We did a bunch of Roth conversions in 2009-10. Waiting for another correction! Retirement articles typically show the pitfalls of market dro...
by jane1
Sun Aug 02, 2015 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: My HH Bonds are nearing final maturity date. What happens then?
Replies: 18
Views: 828

Re: My HH Bonds are nearing final maturity date. What happens then?

Yikes! Does that mean that if I don't redeem the bonds before then, that in 2019 the treasury will just generate a 1099 for the full value of the deferred interest on the bonds? The deferred interest is about 80% of the redeemed value of the HH bonds. Can they really generate a 1099 without me rede...
by jane1
Sun Aug 02, 2015 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Commit to Lifelong Renting in Bay area?
Replies: 18
Views: 2248

Re: Commit to Lifelong Renting in Bay area?

... I'll also add that Roth contributions (not earnings) can be withdrawn completely tax free which plays nicely with Option A (the "mega-backdoor Roth"). I believe you have to wait 5 years after the conversion to withdrawal the money tax free, but I'll leave you to your own research on t...
by jane1
Sun Aug 02, 2015 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: *Updated* Can Use Some Help and Advice- New to BogleHeads
Replies: 35
Views: 3443

Re: Can Use Some Help and Advice- New to BogleHeads

Welcome to the forum! Congratulations on starting so young and being ahead of the game. It is good to learn these lessons early in life and you will greatly benefit from the wisdom of this forum, like I and lots of other have benefited over the years. Making changes in 401k/Roth/Retirement accounts ...
by jane1
Sun Aug 02, 2015 1:00 pm
Forum: Personal Consumer Issues
Topic: Where to hike late October-mid November??
Replies: 33
Views: 1914

Re: Where to hike late October-mid November??

Spring (sept-nov) in New Zealand should be good for hiking in quite a few regions. And the days will be longer (compared to northern hemisphere). http://www.newzealand.com/us/walking-and-hiking/ Fly into one city and fly out of another. Car rentals, where you pick up in one island, take the ferry ac...
by jane1
Sat Aug 01, 2015 4:35 pm
Forum: Personal Consumer Issues
Topic: AAA Plus worth it?
Replies: 31
Views: 2051

Re: AAA Plus worth it?

We have Geico's Emergency Roadside assistance as part of auto policy. Seems to be similar to AAA (minus the travel discounts). Haven't had to use it yet. We pay $26/yr for 2 cars, any driver. "Covers towing, lockout, labor for flat tires, or delivery of a loaned battery". Towing is "t...
by jane1
Sat Aug 01, 2015 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Sell or Rent Out House? [Bay Area]
Replies: 52
Views: 3739

Re: Sell or Rent Out House? [Bay Area]

The real estate market has been very hot (at least in South Bay), so you can get a good selling price right now. Things could change in the next 3 years (tech bust, earthquake). With relocation cost paid and the ability to get 120K tax free, I would avoid the hassle of being a landlord and then tryi...
by jane1
Sat Aug 01, 2015 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Best use of early retirement (low income) years?
Replies: 15
Views: 1561

Re: Best use of early retirement (low income) years?

Do note that you have the option of reporting your all accrued interest on your I/EE bonds at anytime (before maturity). Once you start that reporting you will have to report interest on your tax return every year on all your bonds. This might be helpful, say if you have a few years of low income, b...
by jane1
Fri Jul 31, 2015 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Dilemma
Replies: 6
Views: 753

Re: Health Insurance Dilemma

Does your employer offer a HDHP-HSA plan? How different are the employer premiums compared to exchange/marketplace? The reason I ask is that premiums paid through payroll deductions get tax benefit (SS, Medicare, Fed and State). So based on your marginal tax rate, even though you may seem to pay mor...
by jane1
Fri Jul 31, 2015 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Hit with $10k tax bill from 2013, given 3 weeks to pay
Replies: 50
Views: 6233

Re: Hit with $10k tax bill from 2013, given 3 weeks to pay

It is worth your time to learn how taxes work, a very useful skill for years to come, even if you end up going to a pro. 1. double check that W2 Box 2 (Fed withholding), and Box 13 (State withholding) & SS/Medicare don't include the 20K withheld? You can see your pay stubs just before the vestin...
by jane1
Fri Jul 31, 2015 1:41 am
Forum: Personal Finance (Not Investing)
Topic: Hit with $10k tax bill from 2013, given 3 weeks to pay
Replies: 50
Views: 6233

Re: Hit with $10k tax bill from 2013, given 3 weeks to pay

Did you enter the 20K withholding anywhere on your tax return? I.e. Which line on Form 1040 Pg 2, is it included? What kind of official tax form (1099-B, W2, etc) did you get that shows the withholding? Maybe e-trade sent you a 1099-B showing the 45K proceeds on the sale of stock, but no cost basis....
by jane1
Fri Jul 31, 2015 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Hit with $10k tax bill from 2013, given 3 weeks to pay
Replies: 50
Views: 6233

Re: Hit with $10k tax bill from 2013, given 3 weeks to pay

How did you report the RSUs on your tax return?
Did you sell the remaining shares that got vested in the same year?
Typically the amount vested as well as the amount withheld get reported on your W2. Can you verify if that was the case?
by jane1
Wed Jul 29, 2015 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking guidance on how to sell my Car quickly ( in different a state)
Replies: 8
Views: 537

Re: Seeking guidance on how to sell my Car quickly ( in different a state)

I would call one of the Car Max stores in California and ask them if having an out of state car title will be a problem with a car that old. The 2016 cars will be for sale soon so I suspect that between an out of state title and the car being 14 years old that they would have little interest in it....
by jane1
Wed Jul 29, 2015 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking guidance on how to sell my Car quickly ( in different a state)
Replies: 8
Views: 537

Re: Seeking guidance on how to sell my Car quickly ( in different a state)

Post on Craigslist a few days before to see what kind of response you get. A day before you arrive in CA, if you have multiple appointments to show the car, things may move fast. Keep CarMax as a backup. Hopefully you don't have much rust since that may reduce the value. Car life and resale values a...
by jane1
Wed Jul 29, 2015 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: How do you keep your portfolio/allocation in auto mode and in sync?
Replies: 14
Views: 1049

Re: How do you keep your portfolio/allocation in auto mode and in sync?

If you go with Life Strategy or Target Retirement funds, you don't have to do anything. I believe it would be tax inefficient for the portfolio based on our marginal tax rate compared to putting BND in tax-favorable, VXUS in taxable, munis in taxable, etc. And ER is also higher (0.16-0.18%) vs (0.0...
by jane1
Tue Jul 28, 2015 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: How do you keep your portfolio/allocation in auto mode and in sync?
Replies: 14
Views: 1049

Re: How do you keep your portfolio/allocation in auto mode and in sync?

On the REIT thing, I would say that REITs are not so important that you need to do what you did with REITs. "Optimization" means different things to different people. I think you only need to "good enough", but maybe that's what you are trying to achieve. If you publish all your...
by jane1
Tue Jul 28, 2015 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: How do you keep your portfolio/allocation in auto mode and in sync?
Replies: 14
Views: 1049

Re: How do you keep your portfolio/allocation in auto mode and in sync?

Can't reduce the number of accounts much further either.So how do you manage your portfolio on an ongoing basis to keep things simple? As livesoft and Lafder recommend, simplify the number of funds you hold. Many accounts can contain just one fund. John Bogle says there's no need for "slavish&...
by jane1
Tue Jul 28, 2015 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: How do you keep your portfolio/allocation in auto mode and in sync?
Replies: 14
Views: 1049

Re: How do you keep your portfolio/allocation in auto mode and in sync?

livesoft, thanks. I must have missed that' thread. Will try it out on our accounts. Will try to see if I can get to the 1 fund per account for the smaller ones. Our largest is taxable and most tax-advantaged ones are smaller, this might be make rebalancing a little tricky? Lafder, you are right. Con...
by jane1
Tue Jul 28, 2015 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: How do you keep your portfolio/allocation in auto mode and in sync?
Replies: 14
Views: 1049

How do you keep your portfolio/allocation in auto mode and in sync?

What processes do you automate or steps do you take on a weekly, monthly, quarterly, annually basis to make sure your portfolio is where you want it to be? Specifically in the accumulation phase. I can expect things can be more automated in the withdrawal phase. I have gone through a couple of portf...
by jane1
Tue Jul 28, 2015 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth Slammed Closed--WHAT?!
Replies: 28
Views: 3818

Re: Backdoor Roth Slammed Closed--WHAT?!

I am reading the instructions of TSP-60 Pg 2, Section II "SECTION II. The instructions for Section II are intended for the IRA or plan representative. If you are unwilling to complete this section, submit an IRS Letter of Determination or a letter on the organization’s letterhead confirming tha...
by jane1
Mon Jul 27, 2015 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Geico Auto Insurance
Replies: 63
Views: 3782

Re: Geico Auto Insurance

I currently have auto, boat, life, and homeowners insurance with American Family. I have been with them for about 12 years. I currently pay about $1,635 annually for two vehicles. Got a quote for same coverage from Geico for about $730 annually. I told American Family agent about quote and he said ...
by jane1
Fri Jul 24, 2015 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella policy and renters insurance pre-requisite
Replies: 6
Views: 448

Re: Umbrella policy and renters insurance pre-requisite

The price is so cheap on the renters insurance I don't think you will be able to find a stand alone liability policy cheaper. Apparantly not many companies offer it, and those that do jack up the rate. A quick google search turned up an old (2011) article about it. http://www.irmi.com/expert/articl...
by jane1
Fri Jul 24, 2015 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella policy and renters insurance pre-requisite
Replies: 6
Views: 448

Re: Umbrella policy and renters insurance pre-requisite

cadreamer2015 wrote:Can you just choose a bigger deductible - say $5,000? Wouldn't that cut the cost of personal property insurance significantly?


Minimum is still about $150 per year. I had tried changing to $5000 property (minimum) with $5000 deductible, so essentially zero coverage but the premium doesn't go down.
by jane1
Fri Jul 24, 2015 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella policy and renters insurance pre-requisite
Replies: 6
Views: 448

Umbrella policy and renters insurance pre-requisite

As far as I know all umbrella policies have a pre-requisite of a renters/homeowners insurance policy with a certain minimum liability coverage. Anyone know of a renter's insurance policy that allows liability only coverage? I am happy to self-insure personal property, but it appears a majority of re...
by jane1
Wed Jul 22, 2015 12:17 pm
Forum: Personal Consumer Issues
Topic: Moving to Los Angeles
Replies: 21
Views: 2101

Re: Moving to Los Angeles

You might also want to post your question and read threads on City Data website within the LA forum. Lots of good information.
by jane1
Wed Jul 22, 2015 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: 26 in California: Maxing out Roth IRA/401k, but what to do about HSA?
Replies: 19
Views: 2310

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

Will you be able to max your 401k as well as contribute fully to HSA? It sounds like you are in fairly good health and don't expect to see a doctor regularly. So HSA option seems would be better. Search for an Excel calculator I wrote and posted a link on this forum to compare your health insurance ...
by jane1
Tue Jul 21, 2015 11:24 am
Forum: Personal Consumer Issues
Topic: Wedding north of San Francisco
Replies: 13
Views: 1052

Re: Wedding north of San Francisco

You can take public transportation. There is a direct bus (Bus 27) from San Rafael to Fisherman's Wharf. Use Google Maps (public transportation option) to find routes and timings between your hotel and destination. You can also check future bus schedules on Google Maps. For instance for a Saturday 9...
by jane1
Mon Jul 20, 2015 10:49 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft surpasses 40,000 posts!
Replies: 74
Views: 5711

Re: livesoft surpasses 40,000 posts!

jhawktx wrote:If my math is correct, that is like an average of 8 posts per day for 3.5 years. Interesting.


Check your math. Or was this some internal thing I missed?

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