Search found 548 matches

by supersharpie
Mon Aug 10, 2015 11:31 am
Forum: Personal Consumer Issues
Topic: Best affordable compact car to buy new?
Replies: 35
Views: 2836

Re: Best affordable compact car to buy new?

I am playing the online negotiation game on the 2015 Civic LX and so far the best I am being offered $17,000, inclusive of all fees except tags and taxes. This may not be the right forum to ask this but, does that seem like a good price? It is $500 less than the best quotes I was being offered throu...
by supersharpie
Sun Aug 09, 2015 11:34 pm
Forum: Personal Consumer Issues
Topic: Best affordable compact car to buy new?
Replies: 35
Views: 2836

Best affordable compact car to buy new?

So, we reconsidered our decision to buy a used car due to the inherent uncertainty over how the car was treated by its previous owner. Furthermore, we plan to drive the car into the ground so the difference in cost per year is negligible. We spent some time pouring over the options this weekend and,...
by supersharpie
Fri Aug 07, 2015 1:28 am
Forum: Personal Consumer Issues
Topic: Best used car for under 15k?
Replies: 40
Views: 3491

Best used car for under 15k?

My wife is presently driving a 1998 Honda Accord and, while it has not been confirmed by a garage, the car appears to be suffering from damage to the transmission. We were planning on buying "new" used cars within the next few years (I drive a 2002 Corolla with 216,000 miles) and decided t...
by supersharpie
Sun Jul 19, 2015 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: How much cash - need help giving advice to mother
Replies: 11
Views: 1153

Re: How much cash - need help giving advice to mother

Just an FYI...your mother's Social Security benefit reaches its max value at age 70, not age 72. Take it from a guy who worked as an SSA CR until last year 8-)
by supersharpie
Sun May 31, 2015 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Your opinion on realistic income to live in a $1 million home?
Replies: 144
Views: 12521

Re: Your opinion on realistic income to live in a $1 million home?

My fiance and I are both 24 years old. We are getting married in July. We are both financially independent. We are both young CPA's and have a combined yearly income of $116,000. Our total liquid cash (savings, bonds, stocks) is $130,000 and with an additional 20,000 in IRAs. We have zero debt. Lon...
by supersharpie
Sun May 31, 2015 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Can my husband retire yet?
Replies: 112
Views: 14509

Re: Can my husband retire yet?

... I don't understand why she tolerates her husband slacking off while she works herself to the bone.... She mentioned in a previous thread she comes from the Philippines. I wonder if there may be cultural differences compared to the U.S. regarding women's roles in marriage. Ah, that may explain a...
by supersharpie
Sun May 31, 2015 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Can my husband retire yet?
Replies: 112
Views: 14509

Re: Can my husband retire yet?

In your 30s making a plan to work full time until 70 is just wishful thinking. Could it happen? Sure. Is it likely? No. You may be pushed out (either outright or your boss makes you life miserable so you quit), may have health reasons, may get burned out, husband may well need care before that, or ...
by supersharpie
Sat May 23, 2015 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Taking out a TSP loan to fund Roth IRA
Replies: 14
Views: 1153

Re: Taking out a TSP loan to fund Roth IRA

I vote no. The deadline for 2015 Roth IRA contributions is April 15, 2016. That gives you some breathing room to rebuild your emergency cash reserves and/or save for your Roth IRA contributions. If you're planning on retiring at age 50, are you also contributing to taxable accounts or have investme...
by supersharpie
Sat May 23, 2015 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Taking out a TSP loan to fund Roth IRA
Replies: 14
Views: 1153

Re: Taking out a TSP loan to fund Roth IRA

I vote no. It sounds like robbing Peter to pay Paul. But you could reduce your TSP contributions enough to put money into Roth IRA. That would accomplish what you want. Or you could simply put $11k into Roth TSP. Well, the thing is that we want to continue maxing out our TSP and 401k tax deferred s...
by supersharpie
Sat May 23, 2015 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Taking out a TSP loan to fund Roth IRA
Replies: 14
Views: 1153

Re: Taking out a TSP loan to fund Roth IRA

Thanks for the feedback! We still haven't decided how to proceed but this is good food for thought.
by supersharpie
Thu May 21, 2015 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Error in social security earnings record
Replies: 5
Views: 771

Re: Error in social security earnings record

No, as long ad you can present an original W-2 for the year(s) in question SSA will manually correct your record.
by supersharpie
Thu May 21, 2015 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Taking out a TSP loan to fund Roth IRA
Replies: 14
Views: 1153

Taking out a TSP loan to fund Roth IRA

Due to some unanticipated expenses it is doubtful that my wife and I will be able to max out both our tradtional 401ks and Roth IRAs. I place a higher value on fully funding the Roth since we plan to retire by the age of 50 and know that we can withdrawal our contributions without penalty until we h...
by supersharpie
Thu May 21, 2015 6:20 am
Forum: Personal Consumer Issues
Topic: A trip to Disney World - What are the best days during Christmas time?
Replies: 33
Views: 2057

Re: A trip to Disney World - What are the best days during Christmas time?

OP here. Thanks for your suggestions. Wow. I didn't expect to hear an unanimous ‘no'. The reason why we even thought of going around Christmas time was to avoid the crowds and hot weather during summer months. Though we can visit at other times of the year, we have a kid in school, and were not rea...
by supersharpie
Thu May 21, 2015 5:53 am
Forum: Personal Consumer Issues
Topic: Sewer line replacement - who to call?
Replies: 21
Views: 1669

Re: Sewer line replacement - who to call?

I live in suburban PA. My basement drain would back up about once a year. No damage to the basement, but it did always require a professional with a clog cutter. I always used a well advertised plumbing company with a $95 special to clear any clog. The company had a poor online reputation for overc...
by supersharpie
Tue May 19, 2015 10:45 pm
Forum: Personal Consumer Issues
Topic: Sewer line replacement - who to call?
Replies: 21
Views: 1669

Re: Sewer line replacement - who to call?

I received some of the most unfortunate news a home owner can be delivered the other day. Well, not really. The house could have burned down. The roof could have collapsed. Your family could have been inside. I had to have a long sewer line replaced about thirty years ago, It cost about $2K in thos...
by supersharpie
Tue May 19, 2015 10:03 pm
Forum: Personal Consumer Issues
Topic: Sewer line replacement - who to call?
Replies: 21
Views: 1669

Sewer line replacement - who to call?

I received some of the most unfortunate news a home owner can be delivered the other day. It is very likely that, within a few months, we will need to replace our sewer line, which apparently has collapsed. The plumber, who we trust and have worked with for years, stated that he "knows a guy&qu...
by supersharpie
Thu Apr 02, 2015 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Tablet recommendations?
Replies: 17
Views: 1842

Re: Tablet recommendations?

FYI - after further consideration I decided to kill two birds with one stone by purchasing the new ASUS Zenbook for $699. My laptop is five and a half years old and I was going to be in the market for a new one soon. At 2.6 pounds this ultrabook only weighs about 12 ounces more than a 12.2 inch Sams...
by supersharpie
Mon Mar 30, 2015 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Tablet recommendations?
Replies: 17
Views: 1842

Tablet recommendations?

My wife and I travel for pleasure several times a year, usually staying at airbnb properties. Many of these properties do not have TVs or lack cable, netflix, etc. Therefore, with a nine night trip to the Pacific Northwest coming up in five weeks we are ready to make our first tablet purchase. We ar...
by supersharpie
Mon Mar 30, 2015 12:24 pm
Forum: Personal Consumer Issues
Topic: Hate where we live, do we make major changes?
Replies: 132
Views: 14023

Re: Hate where we live, do we make major changes?

Wow, I am surprised about Delaware. It is actually first on my list of retirement states. To the OP, if you can, go to a place where you think you would like to live and actually live there. I have lived in 8 places since graduating college. I lived in the panhandle of Texas, NYC, and central Ohio ...
by supersharpie
Tue Mar 24, 2015 11:16 am
Forum: Personal Consumer Issues
Topic: Best albums of 2015
Replies: 92
Views: 12550

Re: Best albums of 2015

I have listened to several dozen releases and "Carrie & Lowell" by Sufjan Stevens is the best of the year by a considerable margin. It is a simply brilliant meditation on perseverance in the face of abandonment and loss. I think it is his finest achievement.
by supersharpie
Wed Mar 11, 2015 4:56 am
Forum: Personal Consumer Issues
Topic: Trip to [Zihuatanejo] Mexico
Replies: 37
Views: 3918

Re: Trip to Mexico

Bring some Pesos would be my recommendation, but I personally would not be going as I take enough chances with work to consider taking chances on vacation. A couple of links: http://travel.state.gov/content/passports/english/alertswarnings/mexico-travel-warning.html http://www.forbes.com/sites/doli...
by supersharpie
Wed Mar 11, 2015 4:53 am
Forum: Personal Consumer Issues
Topic: Trip to [Zihuatanejo] Mexico
Replies: 37
Views: 3918

Re: Trip to Mexico

roymeo wrote:I wonder what the Venn diagram for "terrified of Mexico" and "terrified of AirBnB" looks like.


+1
by supersharpie
Wed Mar 11, 2015 4:49 am
Forum: Personal Consumer Issues
Topic: Trip to [Zihuatanejo] Mexico
Replies: 37
Views: 3918

Re: Trip to Mexico

nm...
by supersharpie
Mon Mar 09, 2015 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Wife tired of saving...
Replies: 203
Views: 23271

Re: Wife tired of saving...

Townhome is 2000 sq feet. Its an end unit. Its a townhome, not a condo or a coachhome. And its a end unit with land, if that matters and with no one above us. As for the cars, there is no hers or my car. Whoever gets a contract/client that is further, that person takes the more economical car becau...
by supersharpie
Sun Mar 08, 2015 9:55 pm
Forum: Personal Consumer Issues
Topic: Home workouts and motivation
Replies: 60
Views: 3688

Re: Home workouts and motivation

I bought an elliptical in 10/2013 for $600. Since then I have been "running" about 63 miles a week. I watch travel and food shows which takes my mind off the monotony of the physical activity. My motivation is that I spent about eight years of my childhood as a "fat kid," lost ab...
by supersharpie
Fri Mar 06, 2015 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 7885

Re: Does My Daughter Need A Prenup?

Our daughter, age 25, is a high earning professional with zero debt. Her boyfriend is 27 and is a very nice guy...my wife and I like him a lot. He shares our family values. He is in sales and does "OK", but earns only about 1/3 of what daughter earns. This probably won't change. Daughter ...
by supersharpie
Thu Mar 05, 2015 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: question about pensions for people with TSP
Replies: 11
Views: 1353

Re: question about pensions for people with TSP

my wife works for the government and therefore has a TSP for retirement. she contributes 17500 per year (plus they match some). my question is, when she retires, does she get her TSP plus a pension (or are they basically one in the same)? are all TSP employees pension-eligible or just those in cert...
by supersharpie
Thu Mar 05, 2015 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Wife tired of saving...
Replies: 203
Views: 23271

Re: Wife tired of saving...

Get your wife a new car. Start looking for a new house. This is one of the rare cases where I would recommend you find a good financial advisor. You have limited to no retirement accounts and 750k in cash/CD's. That is terri-bad. You need some professional financial help. While the advice you will ...
by supersharpie
Thu Mar 05, 2015 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Elect 75% of take-home pay to 401k?
Replies: 35
Views: 2120

Re: Elect 75% of take-home pay to 401k?

Hi guys, I wanted to get everyone's opinion on if this will be a good idea or not. I'm currently 21, senior in college, graduating in May. <snip> Another issue is that I don't think I'll live at my parents place forever (although that would be pretty awesome) <snip> Thanks for any advice in advance...
by supersharpie
Thu Mar 05, 2015 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Elect 75% of take-home pay to 401k?
Replies: 35
Views: 2120

Re: Elect 75% of take-home pay to 401k?

Please note the Medicare and social security taxes are on the whole enchilada, not the amount after taxes or 401k contributions. Damn..well thats even more depressing. I thought your contributions to a traditional 401k will in essence "reduce your paycheck" so you pay less in withholdings...
by supersharpie
Thu Mar 05, 2015 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Wife tired of saving...
Replies: 203
Views: 23271

Re: Wife tired of saving...

OP, please explain why you aren't utilizing tax advantaged retirement vehicles, especially the backdoor Roth. This is a foolish decision that may cost you millions in the long run.
by supersharpie
Mon Mar 02, 2015 5:42 pm
Forum: Investing - Theory, News & General
Topic: ...it is madness to risk losing what you need in pursuing wh
Replies: 48
Views: 5822

Re: ...it is madness to risk losing what you need in pursuin

There actually is research on the subject. If one studies the effect of asset allocation on the risk of running out of money when withdrawing from a portfolio, then for modest withdrawal rates (say about 4%) there really has been over history a slight maximum at the values you quoted. That maximum ...
by supersharpie
Mon Mar 02, 2015 6:42 am
Forum: Investing - Help with Personal Investments
Topic: Would you buy into this state defined benefit pension?
Replies: 16
Views: 1409

Re: Would you buy into this state defined benefit pension?

Nun, your Full Retirement Age (FRA) is $2663 is 67. Also, your US Social Security benefit may be subject to the Windfall Elimination Provision (WEP) which could significantly reduce that benefit. This is because you will be collecting a foreign pension simultaneously. You probably were aware of both...
by supersharpie
Sun Mar 01, 2015 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Is the first 100k really the hardest?
Replies: 58
Views: 10397

Re: Is the first 100k really the hardest?

First 100k took 6 years and 3 months (June 2006 - September 2012), but there was very investing going on for the first three years of that stretch

Hit 200k 18 months later in March 2014

We are now $19,500 away from hitting 300k
by supersharpie
Sun Jan 11, 2015 9:38 am
Forum: Personal Finance (Not Investing)
Topic: What would you have done differently when retiring?
Replies: 116
Views: 13960

Re: What would you have done differently when retiring?

Don't assume that the desire to travel fades at 70. Plenty of people that age still have 5 to 15 "good years" left. My wife's grandmother is 83 and her partner is 79. They continue to travel anywhere from 6 to 12 weeks per year.
by supersharpie
Sun Jan 11, 2015 1:06 am
Forum: Investing - Help with Personal Investments
Topic: Newbie - Need high level assessment and suggestions
Replies: 14
Views: 1033

Re: Newbie - Need high level assessment and suggestions

You should be confident that Social Security will be there for you. Any changes will only impact young workers. Politicians are in the business of getting reelected.
by supersharpie
Sun Jan 11, 2015 12:45 am
Forum: Investing - Help with Personal Investments
Topic: If this was your life...(portfolio/retirement)
Replies: 11
Views: 2327

Re: If this was your life...(portfolio/retirement)

A better plan might be waiting until 70 to file for RIB, have wife wait until age 66.5 and file for spousal benefits, then file for her RIB at 70. This will allow you both to collect your max Social Security benefits once you are both in your 70s. These benefits are inflation adjusted for life and g...
by supersharpie
Sun Dec 28, 2014 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: when do you start focusing on your retirement "number"
Replies: 34
Views: 3775

Re: when do you start focusing on your retirement "number"

FYI, the tsp max is 18k in 2015. I am 31 and I don't really have a "number," just a plan. This is to max out my TSP and Roth IRA every year until I have my 25 years of federal employment and get an "early out" offer. This could happen as soon as 9/2031. Unless I absolutely love ...
by supersharpie
Sat Dec 27, 2014 10:45 am
Forum: Investing - Help with Personal Investments
Topic: when do you start focusing on your retirement "number"
Replies: 34
Views: 3775

Re: when do you start focusing on your retirement "number"

FYI, the tsp max is 18k in 2015. I am 31 and I don't really have a "number," just a plan. This is to max out my TSP and Roth IRA every year until I have my 25 years of federal employment and get an "early out" offer. This could happen as soon as 9/2031. Unless I absolutely love w...
by supersharpie
Wed Dec 10, 2014 12:26 pm
Forum: Personal Consumer Issues
Topic: What is the best meal you've had at a restaurant?
Replies: 119
Views: 11593

Re: What is the best meal you've had at a restaurant?

While it may not be the best meal I've had, the one that is freshest in my mind was enjoyed at Cole's Chop House in Napa, CA in April 2013. My wife and I shared the crabmeat cocktail which is probably the best appetizer we have ever consumed. We had petite filet mignons as our entrees and they were ...
by supersharpie
Mon Dec 01, 2014 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Reached a minor financial milestone this month
Replies: 28
Views: 4110

Re: Reached a minor financial milestone this month

Thanks for the kind words everyone. My hope is to be able to report in about four years that we have hit the half million mark. I know that, with decent market returns and some taxable investing, we just may join the two comma club by age 40. That is definitely our big intermediate term goal. Howeve...
by supersharpie
Sat Nov 29, 2014 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Reached a minor financial milestone this month
Replies: 28
Views: 4110

Re: Reached a minor financial milestone this month

cfs wrote:Finishers Wanted.

Outstanding work.

Continue investing slowly and for the long run.

I can see you crossing the investing finish line with a big smile!


Thanks, we plan on avoiding lifestyle creep in the coming years. Next stops: taxable investing and paying off the mortgage early!
by supersharpie
Sat Nov 29, 2014 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Any State Farm employees/retirees here?
Replies: 5
Views: 720

Re: Any State Farm employees/retirees here?

Consider that members may wish to be anonymous and not reveal who they work for. Alternatively, members can PM the OP. Is there any reason she can't ask HR (or whoever takes care of pensions)? That's the only answer which matters. You're also looking at a 24 year time-frame. Will she still be emplo...
by supersharpie
Sat Nov 29, 2014 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Any State Farm employees/retirees here?
Replies: 5
Views: 720

Any State Farm employees/retirees here?

My wife is a SF employee and is only 31. However, we are doing some long range planning and have the following questions: does SF give early retirees the option of deferring their pension until they reach 62 in order to avoid the penalty? If my wife retires prior to turning 55, then what? Will she b...
by supersharpie
Sat Nov 29, 2014 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Reached a minor financial milestone this month
Replies: 28
Views: 4110

Re: Reached a minor financial milestone this month

We both just turned 31 and we are hoping to retire, at least from full-time work, by 50. Congratulations on your milestone! (Can't make any comments regarding progress toward your goal, since there are far too many unstated variables. I'm sure you already know that funding that many years of retire...
by supersharpie
Sat Nov 29, 2014 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Reached a minor financial milestone this month
Replies: 28
Views: 4110

Reached a minor financial milestone this month

I know it isn't a great deal of money but my wife and I passed the 250k mark in combined retirement assets this month. I wanted to take a moment and thank you kind folks because finding this forum made us realize that early retirement was a legitimate option if we started prioritizing maxing out our...
by supersharpie
Sat Nov 29, 2014 10:23 am
Forum: Personal Consumer Issues
Topic: When do you feel comfortable financially to have kids?
Replies: 59
Views: 4822

Re: When do you feel comfortable financially to have kids?

My wife and I are 31. We don't think we will be having children and it is for reasons of time rather than money. With that said, I would feel comfortable financially if we earned enough to pay for all regular annual child-related expenses and have enough left over both to max out all tax advantaged ...
by supersharpie
Sat Nov 29, 2014 8:50 am
Forum: Investing - Help with Personal Investments
Topic: An overdue update from a "panicked investor"
Replies: 86
Views: 9524

Re: An overdue update from a "panicked investor"

What has changed between then and now that makes you a) comfortable with an 80% stock allocation (seems very high based on what you wrote in 2010), and b) sufficiently confident that you won't sell everything again when the market inevitably takes another nosedive at some nondescript time in the fu...
by supersharpie
Wed Nov 26, 2014 7:13 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 544
Views: 87823

Re: Boglehead Beer

Off to go try some Goose Island Bourbon County Stout of the 2014 release, I'm sure it'll be awesome. Picked up a case today in PA...$141 w/tax. Seems ridiculous until you realize: A. It is one of finest and rarest beers distributed nationally And B. At 13.8% ABV a case packs the wallop of 12 bottle...
by supersharpie
Wed Nov 26, 2014 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Paying my parents a salary not to touch their nest egg
Replies: 50
Views: 4964

Re: Paying my parents a salary not to touch their nest egg

I find the whole thought process behind the OP to be very distasteful. Your parents worked their whole life to support you. They should be free to enjoy their savings AND have their wealthy son to fall back on for support if needed. If you are making 375k per year you should have no need for an inhe...

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