Search found 10 matches

by Bayoufrogg
Thu Apr 27, 2017 10:16 am
Forum: Personal Consumer Issues
Topic: When does it make sense to stop paying to repair your old vehicle?
Replies: 56
Views: 3503

Re: When does it make sense to stop paying to repair your old vehicle?

You cannot go by bluebook for a older used truck. Its just not accurate given the condition. Try using craigslist and i think youll realize a truck needing repairs will go for 2000 as long as it runs. 300k miles on my 2007 chevy silverado with original engine and transmission. Scheduled, basic maint...
by Bayoufrogg
Wed Apr 26, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: Requesting feedback on my quest to reform OCPS's 403b/457b
Replies: 5
Views: 307

Re: Requesting feedback on my quest to reform OCPS's 403b/457b

Nice and concise. I wish I would have found your site before I went through all of this 3 weeks ago. Similar story here: awful transparency countless phone calls uninformed employees School retirement services, CFO, HR, business admin, AND Plan vendors/providers all wanted to send me to a financial ...
by Bayoufrogg
Wed Apr 26, 2017 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1277

Re: Portfolio Review: Early 30s (401k, 457b, 403b)

Does GPO even wipe out all the FICA she paid from her wages during her high school and college days from W-2's doing part-time jobs? Well, this is where the Windfall Elimination Provision (WEP) steps in to wipe out any payouts from previous jobs. Many are calling the GPO/WEP the " Heroes' Pena...
by Bayoufrogg
Wed Apr 26, 2017 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1277

Re: Portfolio Review: Early 30s (401k, 457b, 403b)

CyclingDuo wrote:Surely she will still get spousal benefits, yes?


Short answer is currently no.

She would be eligible for a 51% spousal benefit, but the government pension offset (GPO) reduces her 51% by an additional 2/3 of her pension. As long as the GPO stands, she will get no benefit.
by Bayoufrogg
Wed Apr 26, 2017 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1277

Re: Portfolio Review: Early 30s (401k, 457b, 403b)

Thanks Duckie, krow, and CyclingDuo for giving me some alternative perspectives. It is very much appreciated! We are going to pay off the car loan, as Cycling Duo suggested. I will also look into UTMAs vs our Roth IRAs. As krow suggested, we will attempt to fund my 401k only up to the match and util...
by Bayoufrogg
Tue Apr 25, 2017 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1277

Re: Portfolio Review: Early 30s (401k, 457b, 403b)

What percentage of your income combined is currently going into retirement funds? • $32K for your 401k (your $18K contribution + employer match) • She puts in 8% mandatory which I assume receives a 7% or so match for a total of 15% or her income (assuming it's something like $11 - $15K per year) • ...
by Bayoufrogg
Tue Apr 25, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1277

Re: Portfolio Review: Early 30s (401k, 457b, 403b)

Thanks to both of you for the responses. I will stop the annuity payments and look at the numbers on waiting out the surrender period vs paying the penalty and reinvesting. Questions: 1.) Should we not consider the SDBA options on both accounts? Are there hidden costs we missed? Wouldnt this be chea...
by Bayoufrogg
Mon Apr 24, 2017 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Early 30s (401k, 457b, 403b)
Replies: 12
Views: 1277

Portfolio Review: Early 30s (401k, 457b, 403b)

Hello, My wife and I have been daily readers of the bogleheads site for a while now. We started with minimal knowledge but have learned a lot from this site so far. We are hoping for some direction while we continue to learn about our investments. Ive already seen that this is a very wise and helpfu...
by Bayoufrogg
Thu Apr 20, 2017 9:34 pm
Forum: Investing - Theory, News & General
Topic: Gross vs net expense ratios
Replies: 2
Views: 477

Re: Gross vs net expense ratios

Thanks for the response. We are looking to fully fund my wife's governmental 457b and there multiple funds in the plan with attractive net vs gross ratios.
by Bayoufrogg
Thu Apr 20, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: Gross vs net expense ratios
Replies: 2
Views: 477

Gross vs net expense ratios

Would a lower net vs gross expense ratio be a motivating factor to chose one fund over another? I recognize that fee waivers are discretionary and temporary, but do bogleheads generally view these "discounts" as a favorable opportunity while they last? Also, is there generally a requiremen...

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