My 89 year old friend and I were playing golf several years ago, discussing the benefit of having a pre-paid membership to the golf course.
He said he thought it was a great idea to buy the prepaid golf because it made you more likely to use it... without hesitation he then said its the same reason he would never prepay funeral expenses.
Don
Search found 380 matches
- Wed Sep 04, 2019 7:45 pm
- Forum: Personal Consumer Issues
- Topic: Pre-paid Funeral Expenses
- Replies: 66
- Views: 5643
- Thu May 02, 2019 10:49 am
- Forum: Personal Finance (Not Investing)
- Topic: Giving two week's notice before stock options vest
- Replies: 91
- Views: 14580
Re: Giving two week's notice before stock options vest
Apparently he has the options, they just haven’t vested.
I would suggest letting the options vest, giving 2-3 days notice, AND offer to be available for some period as a consultant to aid knowledge transfer etc., consistent with your availability considering the new job.
D
I would suggest letting the options vest, giving 2-3 days notice, AND offer to be available for some period as a consultant to aid knowledge transfer etc., consistent with your availability considering the new job.
D
- Sat Nov 12, 2016 5:49 pm
- Forum: Personal Finance (Not Investing)
- Topic: I Bonds as tax refund: tracking down a missing one
- Replies: 32
- Views: 5758
Re: I Bonds as tax refund: tracking down a missing one
I'm missing a $1000 I bond as well! We filed late and I just received all on same day last week except one. Guess I'll wait a week or so and then call to be told to wait a little longer. Why couldn't it be the $50 one!
- Sat Nov 12, 2016 12:18 pm
- Forum: Personal Investments
- Topic: Question on deferred comp options at work
- Replies: 7
- Views: 1315
Re: Question on deferred comp options at work
For the plan I was in, if I terminated employment or was terminated before retirement, the entire balance was paid out to me in a lump sum right away. If I was otherwise employed, that would make it taxable at a very high rate, maybe higher than when I was employed and putting money into the plan. The beauty of these plans is that they usually pay out after employment ends, so your marginal tax rate is less than when you were working. That's another reason to only start putting money in them until you're closer to retirement. You have a much better idea of you're going to work there until you retire. Check your plan documents and see how they handle disbursement if you leave the company before retirement. That's a good point. My plan had s...
- Fri Nov 11, 2016 7:29 am
- Forum: Investing - Theory, News & General
- Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
- Replies: 445
- Views: 127472
Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Appears to be a 20% off sale in progress now.Mav wrote:KlangFool, that jacket is now $129, when was it $99?
- Thu Nov 10, 2016 8:15 am
- Forum: Personal Finance (Not Investing)
- Topic: Risk of not paying sales tax?
- Replies: 36
- Views: 9411
Re: Risk of not paying sales tax?
Had a thought, probably not feasible, but will throw it out there
Most places don't tax services. Could your wife be reimbursed for the cost of materials, which she could buy retail having paid sales tax on those materials, and charge for her services to make a handmade necklace?
Wouldn't this be the same as when hiring a carpenter or painter?
The state would get sales tax on your wife's purchase of materials. She would be reimbursed for this expense and sell her time as a service.
Just a thought...
Most places don't tax services. Could your wife be reimbursed for the cost of materials, which she could buy retail having paid sales tax on those materials, and charge for her services to make a handmade necklace?
Wouldn't this be the same as when hiring a carpenter or painter?
The state would get sales tax on your wife's purchase of materials. She would be reimbursed for this expense and sell her time as a service.
Just a thought...
- Thu Nov 10, 2016 7:42 am
- Forum: Investing - Theory, News & General
- Topic: Bonds are getting crushed...
- Replies: 42
- Views: 12393
Re: Bonds are getting crushed...
Just want to thank Nisiprius for this, and his many other, great posts. I'll simply add that in addition to the issue raised here that headline use of "bond" may differ from boglehead use of "bond", there is also another issue with headlines. As they are meant to get you to read an article, in my experience they often mischaracterize the actual article. Let's be more specific on what type bonds were crushed today. Last I checked bank loan/leveraged loan/floating rate were a bond category and definitely not crushed today. Edit: Sorry, reread the original post and saw his reference to the 30 year Treasury. Yes, but this does speak to a common problem in interpreting financial headlines. The word "bond" has too ma...
- Thu Oct 27, 2016 7:59 pm
- Forum: Investing - Theory, News & General
- Topic: Crazy NonBH Strategy of Playing Options on ETFs?
- Replies: 15
- Views: 3676
Re: Crazy NonBH Strategy of Playing Options on ETFs?
Like any covered call strategy, the big pitfall is that you're capped on the upside, but not on the downside. The downside events are rare, but when the occur, and they will occur, it usually wipes out all the benefits. Would this have been wise in 2006 or 2007? How long before you would have broken even then? or at all if you simply got discouraged and exited the game at a loss? And compare the strategy to simply owning SP500. Also, keep your eye on the VIX. It's been mostly under 20, so you're not getting that much premium. And when it's over 25, the risk is higher, so think about your willingness to stay in the strategy during those periods. Finally, the trading costs and taxes (short term capital gains) mean that even if you win, you c...
- Thu Oct 27, 2016 3:51 pm
- Forum: Personal Finance (Not Investing)
- Topic: Company Health Insurance Increase
- Replies: 12
- Views: 1590
Re: Company Health Insurance Increase
Definitely shop it. Some markets have quite a bit of variability, with different carriers trying to grow share each year.
- Thu Oct 27, 2016 3:45 pm
- Forum: Personal Investments
- Topic: Help with potential Investment Venture
- Replies: 13
- Views: 1522
Re: Help with potential Investment Venture
I would tell him you would prefer a 75% ROI.
- Thu Oct 27, 2016 12:45 pm
- Forum: Personal Investments
- Topic: HSA Family $6,750 limit questions
- Replies: 104
- Views: 19919
Re: HSA Family $6,750 limit questions
Do a little more research for yourself, but I think all the following are true:
- HSAs are always individual
- contribution limits are tied to the type of coverage, individual or family
- if your wife has family coverage in an eligible HDHP and isn't covered under other insurance, she is subject to the family limit.
- HSAs are always individual
- contribution limits are tied to the type of coverage, individual or family
- if your wife has family coverage in an eligible HDHP and isn't covered under other insurance, she is subject to the family limit.
- Thu Oct 27, 2016 12:20 pm
- Forum: Personal Investments
- Topic: HSA Family $6,750 limit questions
- Replies: 104
- Views: 19919
Re: HSA Family $6,750 limit questions
Note to mods: sorry I reported this message accidentally. Didn't have my readers on and thought I was replying...GTBuzz wrote:Your wife can actually contribute the full $6,750 to her HSA. Here's a good post from TheFinanceBuff with several examples in the post as well as the comments:
https://thefinancebuff.com/hsa-contribu ... anges.html
GTBuzz: not if OP is covered under his HMO.
EDIT: I retract my statements above... while OP is not an eligible individual to have an HSA, it's not clear to me whether his spouse, who has family coverage in HDHP, is limited to the individual limit or the family limit.
Hopefully someone with more knowledge can clarify or direct to authoritative source.
- Thu Oct 27, 2016 12:07 pm
- Forum: Personal Investments
- Topic: HSA Family $6,750 limit questions
- Replies: 104
- Views: 19919
Re: HSA Family $6,750 limit questions
Caveat... I'm not an expert and you should not rely on this...
My understanding is that if you are covered under your HMO you cannot contribute to an HSA. Also, it would surprise me if the plans would allow for dual coverage.
Do I understand you that you are in both your HMO and her HDHP?
Don
My understanding is that if you are covered under your HMO you cannot contribute to an HSA. Also, it would surprise me if the plans would allow for dual coverage.
Do I understand you that you are in both your HMO and her HDHP?
Don
- Thu Oct 27, 2016 11:56 am
- Forum: Investing - Theory, News & General
- Topic: Crazy NonBH Strategy of Playing Options on ETFs?
- Replies: 15
- Views: 3676
Re: Crazy NonBH Strategy of Playing Options on ETFs?
Long term investors typically aren't interested in the effort, complexities, tax issues, etc... and as you note, you miss out on significant appreciation moves... also if the covered stock plummets, you're limited in getting out, scrambling to rebuy calls. Unable to rebalance... just goes against most of what BHs think is sound strategy.... and it Sounds like work with no long term value.
- Wed Oct 26, 2016 5:04 pm
- Forum: Personal Investments
- Topic: Looking For Pension Cash Out Investment Advice
- Replies: 9
- Views: 1374
Re: Looking For Pension Cash Out Investment Advice
Will you have a lump sum option at commencement if you don't take this offer?
I'm not an actuary, but it's my understanding that plan sponsors will have to use new mortality tables reflecting longer lifespans and therefore higher lump sum values soon (1-2 years). Of course, if interest rates rise that would offset the LS value increase.
How long until you want to leave and when would you be able to commence.?
I'm not an actuary, but it's my understanding that plan sponsors will have to use new mortality tables reflecting longer lifespans and therefore higher lump sum values soon (1-2 years). Of course, if interest rates rise that would offset the LS value increase.
How long until you want to leave and when would you be able to commence.?
- Wed Oct 26, 2016 3:15 pm
- Forum: Personal Finance (Not Investing)
- Topic: 2017 ACA plan previews
- Replies: 172
- Views: 24525
Re: 2017 ACA plan previews
Only a small percentage of the insured are in individual ACA exchange and large (83%) number of those are subsidized so that the rate increases won't be felt by them (though they may have fewer plans and narrower networks). Here's an analysis of the health coverage market for the entire US population: http://acasignups.net/16/10/26/reminder-25-only-applies-unsubsidized-individual-market-not-employer-coverage So while this is a BIG issue for a few, it's not an issue for many. It is a BIG issue for many. Those stats only count the 11M people on the exchange, not the 6M people who buy off-exchange individual policies because they don't qualify for subsidies (there's more choice off-exchange, even if it's small variations) and the 7M people wh...
- Wed Oct 26, 2016 11:14 am
- Forum: Personal Finance (Not Investing)
- Topic: 2017 ACA plan previews
- Replies: 172
- Views: 24525
Re: 2017 ACA plan previews
Does anybody have any idea what is causing the spike in these prices? Is it basically because the pool of people that the insurers have to insure now include those with pre-existing conditions and the fact that insurers cant just drop clients? First, the rate "spike" impacts only a tiny portion of the insurance market (albeit likely a higher portion of bogleheads). Only a small percentage of the insured are in individual ACA exchange and large (83%) number of those are subsidized so that the rate increases won't be felt by them (though they may have fewer plans and narrower networks). Here's an analysis of the health coverage market for the entire US population: http://acasignups.net/16/10/26/reminder-25-only-applies-unsubsidized...
- Tue Oct 25, 2016 12:37 pm
- Forum: Personal Finance (Not Investing)
- Topic: 2017 ACA plan previews
- Replies: 172
- Views: 24525
Re: 2017 ACA plan previews
Data point: 30 year old male, single, no tobacco use or children. The cheapest bronze plan available with an HSA eligible account has a monthly deductible of $246.64, a deductible of $5500, and an out of pocket max of $6550. So nothing is really covered for the first $9510. That doesn't seem like health insurance. It seems more like fraud or paycheck theft. A slew of preventive services must be covered without a copay, coinsurance, or subject to deductible. Unfortunately for men under 50 there isn't much of anything included. I think we get 1 free PCP visit annually. But it doesn't include any lab tests or imaging. And if the visit becomes more complicated than an ''annual checkup'' and they add an extra billing code then we're on the hook...
- Tue Oct 25, 2016 11:45 am
- Forum: Personal Finance (Not Investing)
- Topic: 2017 ACA plan previews
- Replies: 172
- Views: 24525
Re: 2017 ACA plan previews
A slew of preventive services must be covered without a copay, coinsurance, or subject to deductible.MikeMak27 wrote:Data point: 30 year old male, single, no tobacco use or children. The cheapest bronze plan available with an HSA eligible account has a monthly deductible of $246.64, a deductible of $5500, and an out of pocket max of $6550. So nothing is really covered for the first $9510. That doesn't seem like health insurance. It seems more like fraud or paycheck theft.
- Mon Oct 24, 2016 3:09 pm
- Forum: Personal Consumer Issues
- Topic: VW Jetta TDI Settlement
- Replies: 9
- Views: 1638
Re: VW Jetta TDI Settlement
Not sure how your deal may differ from my deal for 2010 model TDI, but You should also be getting a damage settlement of several thousand and have the option to have the car repaired for free. I think you can also wait until VW has an EPA approved fix to decide whether to repair or sell back. So depreciation-free driving for a year or so...
Go to the TDI forums and the settlement website to make sure you fully understand the settlement.
Don
Go to the TDI forums and the settlement website to make sure you fully understand the settlement.
Don
- Mon Oct 24, 2016 11:28 am
- Forum: Personal Finance (Not Investing)
- Topic: Assistance Requested: Candidate to be CEO of a Small Business
- Replies: 23
- Views: 3630
Re: Assistance Requested: Candidate to be CEO of a Small Business
Along with an employment contract, with well described responsibilities/authority, I would include a "constructive termination" clause. This will protect you in the event they significantly change your role or make the environment hostile trying to run you off without paying whatever your agreement offers for involuntary separation.
- Mon Oct 24, 2016 7:07 am
- Forum: Personal Finance (Not Investing)
- Topic: Assistance Requested: Candidate to be CEO of a Small Business
- Replies: 23
- Views: 3630
Re: Assistance Requested: Candidate to be CEO of a Small Business
I would also be interested in what the ongoing corporate governance will be, i.e. Will there be a board of directors and/or what "advisors" will you have as CEO.
- Sat May 28, 2016 12:38 pm
- Forum: Personal Investments
- Topic: Lump Sum Pension Offer
- Replies: 21
- Views: 3329
Re: Lump Sum Pension Offer
If I'm doing the math correctly, they're using about a 6% discount rate to get from $94k in 32 years to $14k today. Seems like a big discount rate. If it were me and I didn't need the cash, and the plan is an ERISA plan with PBGC coverage, I would not take the offer.
6% guaranteed is worth waiting for IMO.
At that time you can then decide whether you want the lump or one of the annuity options.
FWIW, my experience is that 50-60% of folks eligible take the offer, and 99% who take the offer take the lump sum form of payment.
6% guaranteed is worth waiting for IMO.
At that time you can then decide whether you want the lump or one of the annuity options.
FWIW, my experience is that 50-60% of folks eligible take the offer, and 99% who take the offer take the lump sum form of payment.
- Sat May 28, 2016 12:24 pm
- Forum: Personal Investments
- Topic: Lump Sum Pension Offer
- Replies: 21
- Views: 3329
Re: Lump Sum Pension Offer
A couple of things to keep in mind... Many plan sponsors are offering these lump sum windows right now due to an upcoming requirement to use new mortality tables to value their benefit obligations. The new tables have both a longer life expectancy, as well as an assumption of future improvements in life expectancy. This will likely be required in next 1-2 years, so sponsors are moving now to get vested terminated participants out of their plans. With the new mortality tables, your benefit will be worth more... Of course they may not offer another window in the future so you may have to wait until retirement age if you don't take the lump sum during the window. Additionally, the premiums plan sponsors pay to the Pension Benefit Guarantee Cor...
- Sat Jul 04, 2015 9:05 am
- Forum: Personal Finance (Not Investing)
- Topic: 2 million dollar mistake meeting with MIL's financial guy
- Replies: 47
- Views: 17165
Re: 2 million dollar mistake meeting with MIL's financial guy
My only quibble with the OP is the statement above. Calling the information fed into the fancy software a small error is a misnomer. Those were not errors, but inputs carefully chosen to sell a product.You can have fancy software and small errors fed into it will make huge changes compounded over time.
- Thu Aug 14, 2014 7:59 pm
- Forum: Personal Investments
- Topic: 401k Disbursement Fee?
- Replies: 6
- Views: 1914
Re: 401k Disbursement Fee?
I would ask them to waive it, but wouldn't let $50 impact my decision.
OP said rolling to a 401k, not IRA, so presumably any protections are same.
OP said rolling to a 401k, not IRA, so presumably any protections are same.
- Thu Aug 14, 2014 7:30 am
- Forum: Personal Investments
- Topic: Do you hold cash/money market outside of your emergency fund
- Replies: 31
- Views: 3540
Re: Do you hold cash/money market outside of your emergency
I don't have a specific emergency fund, but end up keeping significant cash in all of these places:
Bank account
HSA money market (x 2)
Tax exempt money market (receives cap gains and dividends from investments until reallocated ~qtly)
Bank account
HSA money market (x 2)
Tax exempt money market (receives cap gains and dividends from investments until reallocated ~qtly)
- Thu Aug 14, 2014 7:27 am
- Forum: Personal Consumer Issues
- Topic: Best Place to Do Research on Orthopedic Surgeons
- Replies: 28
- Views: 4066
Re: Best Place to Do Research on Orthopedic Surgeons
If you're in a city with professional sports teams, I would try to find out who is repairing those professional rotator cuffs. If that surgeon is not available to you, ask who they would recommend. Short of that, I would find a shoulder expert in a sports medicine practice who does a high volume of the procedure.
Good luck.
Good luck.
- Wed Aug 13, 2014 5:24 am
- Forum: Personal Investments
- Topic: Early Retiree In-Service Rollover to Roth guidance & opinion
- Replies: 6
- Views: 1106
Re: Early Retiree In-Service Rollover to Roth guidance & opi
This site is really great! I did a quick review of the wiki entries around Roth IRA, Roth conversions, Backdoor Roth, etc., and didn't see anything this detailed related to means to isolate basis. This would seem to be a great candidate for a wiki entry. Thanks for taking the time to write such a detailed, precise, and concise guide Alan! Your after tax sub account has a high earnings to basis ratio, meaning that you are a prime candidate for one of the "isolation of basis" strategies. This topic has been discussed at length here due to the uncertain guidance the IRS has issued since 2009. Some methods to isolate basis are safer than others, but not necessarily the most convenient. Methods from safest to more risky listed in order...
- Tue Aug 12, 2014 10:13 pm
- Forum: Personal Consumer Issues
- Topic: Runners and compression socks
- Replies: 18
- Views: 2898
Re: Runners and compression socks
I've seen that brand sock available for $45 through Amazon.com.davidkw wrote:Last Tuesday night after running with my running club that meets at a running store, a vein doctor was there talking about the benefits of compression socks for runners. He said he wears them during days when he is in surgery for 10 hours. I did purchase a pair of CEP Men's Running Progressive Compression with a list price of $60. Runners were given a 10% discount last Tuesday. I ran with them once and no problem running in them. I did recover well from my last run. Well I rested too.
Anyone else use compression socks for running?
Is there a more cost effective brand than CEP Men's Running Progressive Compression with the $60 price tag?
- Tue Aug 12, 2014 7:30 am
- Forum: Personal Consumer Issues
- Topic: Motorcycle for short commute?
- Replies: 67
- Views: 10381
Re: Motorcycle for short commute?
I'm an avid motorcyclist, and wouldn't consider a 10 min commute in 100 degree weather!
As someone else said, it will be HOT. Especially if you wear ATGATT. That's "all the gear, all the time." AS YOU SHOULD.
I would ride my bicycle or if I took my motorcycle, I would wear ATGATT and figure out how to make it an hour commute!
Don
As someone else said, it will be HOT. Especially if you wear ATGATT. That's "all the gear, all the time." AS YOU SHOULD.
I would ride my bicycle or if I took my motorcycle, I would wear ATGATT and figure out how to make it an hour commute!
Don
- Mon Aug 11, 2014 6:37 pm
- Forum: Personal Consumer Issues
- Topic: Robin Williams
- Replies: 42
- Views: 6674
Re: Robin Williams
RIP.
Great comedian and fine actor.
Great comedian and fine actor.
- Mon Aug 11, 2014 6:35 pm
- Forum: Investing - Theory, News & General
- Topic: Reminder: Check your 401K contribution rates
- Replies: 27
- Views: 5057
Re: Reminder: Check your 401K contribution rates
Thanks for the reminder. I try to get the most in early, leaving just enough to reach the max in last paycheck to capture full match. It's a PITA every year.
tadamsmar wrote:If your plan is like mine, you need to do "mid-course corrections" to your paycheck contribution rates to ensure that the year's total contribution comes in at the maximum withdrawal limit right on time, not too early. If I hit the max too early, then I will lose my employer match for paychecks at the end of the year that don't contribute at least 4%. If my rate is too low, then I will fail to max out for the year and lose the opportunity for some tax deferral.
- Mon Aug 11, 2014 10:59 am
- Forum: Personal Finance (Not Investing)
- Topic: Tricky Tax: Backdoor Roth + Simple IRA
- Replies: 14
- Views: 1808
Re: Tricky Tax: Backdoor Roth + Simple IRA
Also note that the I in IRA is for Individual. So (if my understanding is accurate), you can still do the backdoor with your IRAs whether you clean up your wife's SIMPLE IRA or not.
- Fri Aug 08, 2014 5:40 am
- Forum: Personal Finance (Not Investing)
- Topic: Affording a 1.3 million home?
- Replies: 122
- Views: 33335
Re: Affording a 1.3 million home?
In case it's not clear, in this case "redundant" means laid off / fired. British use.Valuethinker wrote:
Plan for a situation where, post kids, only one of you is working (ditto circumstances if one of you is redundant).
.
And agree with points made here and by others who suggest renting and considering retiring earlier.
Unless you are pretty confident you'll remain in the area 10 years, since the market is "hot", I would seriously consider renting or otherwise minimizing your exposure (e.g. lower down payment) to a housing crash.
Don
- Thu Aug 07, 2014 8:11 am
- Forum: Personal Investments
- Topic: How Often to Look for Rebalancing Opportunities?
- Replies: 20
- Views: 1796
Re: How Often to Look for Rebalancing Opportunities?
Are you really thinking more about missing an opportunity to tax loss harvest (TLH)?
If you're really concerned about missing rebalancing opportunities, consider a target date or lifestyle fund that automatically rebalances. Otherwise, TLH not withstanding, IMO, due to momentum and other factors, there's probably little reason (i.e. no benefit) to rebalance more than once a year and/or by using relatively large rebalancing bands.
Don
If you're really concerned about missing rebalancing opportunities, consider a target date or lifestyle fund that automatically rebalances. Otherwise, TLH not withstanding, IMO, due to momentum and other factors, there's probably little reason (i.e. no benefit) to rebalance more than once a year and/or by using relatively large rebalancing bands.
Don
- Wed Aug 06, 2014 9:27 am
- Forum: Personal Consumer Issues
- Topic: Best Coffee Maker? What do you have?
- Replies: 75
- Views: 11759
Re: Best Coffee Maker? What do you have?
Bonavita for daily coffee with DW. Aeropress for the occasional cup alone. Aeropress with good coffee and proper water temp is my favorite. Burr grinder for consistent grind for both Bonavita and Aeropress.
Lately using Starbucks Sumatra beans, but thinking of trying a local roaster to see if there's a noticeable difference.
Don
Lately using Starbucks Sumatra beans, but thinking of trying a local roaster to see if there's a noticeable difference.
Don
- Tue Aug 05, 2014 1:28 pm
- Forum: Investing - Theory, News & General
- Topic: AARP: The Great Pension Sell-Off
- Replies: 30
- Views: 5138
Re: AARP: The Great Pension Sell-Off
Well at least those individual pension obligations become fully funded once they buy an annuity, right? Why do you say that? They are simply general obligations of the annuity corporation, no longer backed by the PBGC. The line I really like is along with proposed new mortality tables that raise life expectancies, Wow that is some table that can raise life expectancies Where do I get one? DISCLAIMER - Didn't read the article... But my understanding is that it costs the sponsor on the order of 15% more than the actuarial valuation of the liability to buy the annuities. I don't know what discount rates and assumptions are made, but candidly I would expect insurance companies to be much better at managing the risks of life annuities than comp...
- Tue Aug 05, 2014 12:20 pm
- Forum: Personal Consumer Issues
- Topic: average American eats out 203 times per year
- Replies: 105
- Views: 11974
Re: average American eats out 203 times per year
Not hard to exceed those numbers with a couple lunches or dinners regularly plus vacation.
Also, how do you count the once a week Thai carry out that we make 2 meals out of? Is that 1x or 2x?
Also, how do you count the once a week Thai carry out that we make 2 meals out of? Is that 1x or 2x?
- Tue Aug 05, 2014 10:04 am
- Forum: Investing - Theory, News & General
- Topic: Stop Passing Up This Great Deal - In Money Magazine
- Replies: 80
- Views: 17138
Re: Stop Passing Up This Great Deal - In Money Magazine
2) Some items in this article seem incorrect or misstated such as, "Roth 401ks leave just about all workers, regardless of age or tax bracket, with more money to spend in retirement than pretax plans do" "The Roth 401k should be considered the default investment" "Every dollar you save in a Roth 401k is worth more than a dollar you put in a pretax account. That's because you'll eventually pay income taxes on those pretax dollars, while you get to keep every Penny in a Roth" These are true but misleading. If you save $10,000 in a Roth 401(k), you will be better off than if you save $10,000 in a traditional 401(k), because the dollars are more valuable. However, if you are in a 25% tax bracket, you don't have th...
- Sat Jul 19, 2014 10:04 am
- Forum: Personal Finance (Not Investing)
- Topic: HSA woes, former employer keeps contributing
- Replies: 11
- Views: 1986
Re: HSA woes, former employer keeps contributing
Could you transfer to another custodian and close the account?
- Sat Jul 19, 2014 9:56 am
- Forum: Personal Consumer Issues
- Topic: USPS Shipping Problem Again
- Replies: 19
- Views: 1961
Re: USPS Shipping Problem Again
I've had problems with all three, USPS, FEDEX, and UPS. Biggest problem was with UPS. Insure to proper value and use track able service if it's valuable. If it's truly heirloom, irreplaceable, reconsider shipping at all.
- Fri Jul 18, 2014 8:41 am
- Forum: Personal Consumer Issues
- Topic: Options/guidance for a lazy person to be fit
- Replies: 79
- Views: 17104
Re: Options/guidance for a lazy person to be fit
For weight loss, you obviously have to burn more calories than you consume. The calorie in side is typically the biggest challenge. And especially challenging are calories from alcohol. With alcohol, you get lots of relatively useless calories, an appetite stimulant, and reduced self-control. And if you over consume, you'll likely sleep poorly and not workout the following day. So try to cut way back on any regular alcohol consumption. That said, exercise helps a lot with creating the calorie deficit, speeding the process and having the additional benefits of stress reduction, better sleep, and cardiovascular health. I find strength training with some high intensity exercises between sets is great. You get your heart rate up and build some ...
- Tue Jul 15, 2014 11:20 pm
- Forum: Personal Consumer Issues
- Topic: A question for the Bogleladies or those who can consult one
- Replies: 70
- Views: 9490
Re: A question for the Bogleladies or those who can consult
A third vote for Rosie. Perhaps a poll is in order.VictoriaF wrote:My favorites: Rosie for Autograph and Stella McCartney.sscritic wrote:http://www.marieclaire.co.uk/blogs/5451 ... awers.html
My favorites: Rosie for Autograph and Beautiful Bottoms.
Victoria
Good luck to PE, who seems to have settled on a fine approach.
Would be interested in hearing if the outcome is positive.
Don
- Sun Jul 13, 2014 6:41 pm
- Forum: Investing - Theory, News & General
- Topic: But why not 100% stock index fund?
- Replies: 76
- Views: 11632
Re: But why not 100% stock index fund?
With several 100% equity threads in short order, I think you may have made the right call. Just waiting for stock tips at cocktail parties to confirm.Dutch wrote:Ok I'm calling the top of the market
- Sat Jul 12, 2014 7:35 pm
- Forum: Personal Consumer Issues
- Topic: Travel Converters/Adapters
- Replies: 11
- Views: 1540
Re: Travel Converters/Adapters
Most electronics can handle the voltage/frequency, so an adapter is all that's needed for charging most electronics (phones, iPads, Kindles, etc.). Adapters don't change the voltage or frequency, they just physically adapt one plug to another. We used type L adapters, but from what I understand, type c work in Italy as well. We used this from amazon:
OREI 2 in 1 USA to Italy Adapter Plug (Type L) - 4 Pack, Black which was handy for the 2 into 1.
Things like hair driers, curling irons, things with motors, etc, may need a converter, which actually converts the voltage. We didn't take or need any converters.
Happy travels!
Don
OREI 2 in 1 USA to Italy Adapter Plug (Type L) - 4 Pack, Black which was handy for the 2 into 1.
Things like hair driers, curling irons, things with motors, etc, may need a converter, which actually converts the voltage. We didn't take or need any converters.
Happy travels!
Don
- Mon Jun 30, 2014 12:51 pm
- Forum: Personal Investments
- Topic: Deleted
- Replies: 53
- Views: 8619
Re: Pay down (not off) mortgage?
To the extent that you would be putting the cash into fixed income in your taxable, paying down the mortgage seems a reasonable option. If you're going to need the extra cash when you move, either home equity or any risky investments may not be there when you need them. In other words, think about what you're saving the extra money for and deploy it appropriately.
- Mon Jun 30, 2014 9:30 am
- Forum: Personal Investments
- Topic: Maxed out contributions help!!
- Replies: 14
- Views: 1875
Re: Maxed out contributions help!!
You say you don't have medical insurance.
Perhaps reconsider that decision and choose a plan with an HSA.
Perhaps reconsider that decision and choose a plan with an HSA.
- Mon Jun 30, 2014 8:08 am
- Forum: Personal Investments
- Topic: How to get father on board with index funds
- Replies: 34
- Views: 4085
Re: How to get father on board with index funds
In my experience, fathers are just as susceptible.indexmeasap wrote:
Maybe an agreement could be worked out that would allow you to help your mom manage the finances if something were to happen to your father? Mothers tend to be susceptible to those nice boys...
- Mon Jun 30, 2014 7:10 am
- Forum: Personal Finance (Not Investing)
- Topic: Help choosing DI policy
- Replies: 3
- Views: 824
Re: Help choosing DI policy
I would research a bit about prevalence of conditions which are limited under the Principal policy. Also, check to see if EmergDoc's blog (the white coat investor) has anything to say about this.
Saw this on WebMD,
Saw this on WebMD,
Mental health problems. You might think of disability as physical, but mental health problems can make work difficult or impossible. Depression, bipolar disorder, and other conditions can be as disabling as any physical illness.
Mental health problems are the most common reason that people file for Social Security disability, Tassey says.