Search found 694 matches

by BuckyBadger
Fri Apr 20, 2018 10:30 am
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 79
Views: 3889

Re: Another discussion about private vs public schools?

Just wanted to pump the brakes on this thread for a minute. I'm not making blanket statements about Northern versus Southern school districts. I'm trying to make comparisons between three specific school districts - one in the North and two in the South. In my neighborhood, no one I know sends their...
by BuckyBadger
Thu Apr 19, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 79
Views: 3889

Re: Another discussion about private vs public schools?

FlyAF wrote:
Thu Apr 19, 2018 3:28 pm
Is that 25k a year?
Yes.
by BuckyBadger
Thu Apr 19, 2018 2:49 pm
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 79
Views: 3889

Re: Another discussion about private vs public schools?

Amazing comments, everyone. I really appreciate the time you all have taken! My major takeaway is that I don't have to stress about this yet - which I suppose I needed to hear. As a first-time mom who is a planner with a capital P, I'm trying to figure everything out RIGHT AWAY but I need to realize...
by BuckyBadger
Thu Apr 19, 2018 9:04 am
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 79
Views: 3889

Another discussion about private vs public schools?

We're expecting our first little Badger in September. But unlike the username might suggest, we no longer live in Badger country (Wisconsin). We're now in the South and we're a bit concerned about what to do when school starts in 4-5 years. Depending on what we decide to do, we might need this much ...
by BuckyBadger
Wed Apr 18, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Broke up with my girlfriend for financial reasons: crazy?
Replies: 53
Views: 3015

Re: Broke up with my girlfriend for financial reasons: crazy?

Because someone who spends 36k yearly on a salary of more than 250k is also not living a balanced life. (I'm the OP) Why would my life be unbalanced? As I described, I live a pretty lavish lifestyle, hell I bought a brand new car less than 2 years ago, I just went on an international vacation to It...
by BuckyBadger
Wed Apr 18, 2018 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Broke up with my girlfriend for financial reasons: crazy?
Replies: 53
Views: 3015

Re: Broke up with my girlfriend for financial reasons: crazy?

I'll come out and say that both of these people seem to have some issues. A career in social work is very rewarding and not very high paying. Were she married to someone making a ton of money they should treat it as family income and figure out how to spend and how to save. Her desire to have a 50k ...
by BuckyBadger
Wed Apr 18, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Your Monthly Cost of Living
Replies: 65
Views: 6437

Re: Your Monthly Cost of Living

My monthly cost of living = what I earn - what I save

Easy math.
by BuckyBadger
Wed Apr 18, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Overall Help w/ Budget
Replies: 15
Views: 1316

Re: Overall Help w/ Budget

I tried to reverse engineer that loan payment - how many years is that for? That's a pretty substantial chunk of your monthly obligations and it doesn't seem like a 30 year loan if I do the math. If it's not 30 years can you refinance to 30 years? I think the PMI is the least of your issues. It's re...
by BuckyBadger
Wed Apr 18, 2018 7:27 am
Forum: Personal Consumer Issues
Topic: Owning 3 vehicles
Replies: 27
Views: 2022

Re: Owning 3 vehicles

I'm surprised, but I don't think it's been suggested yet. What about trading the Prius in for a cross-over type vehicle. Like that bigger Prius? There are several very nice smallish crossovers that get good gas mileage and it seems like getting one slightly larger car would make more sense than gett...
by BuckyBadger
Mon Apr 16, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 129
Views: 10936

Re: Can I retire at age 40?

Love the folks who claim it's impossible to support a family of 5 on a $2.8 Mil best egg. Literally nobody has said that. People have stated that the portfolio wouldn't support a $120k annual withdrawal figure. The OP can certainly support a family of 5 if they reduce their withdrawal rate. Literal...
by BuckyBadger
Mon Apr 16, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 129
Views: 10936

Re: Can I retire at age 40?

The problem isn't the retiring part, it's the 120k from 2.5mil for 50 years that's the problem. Although the REAL problem is that the OP thinks he can actively manage and "work" the stock market to maintain these withdrawals. This is not something this board is generally going to support. If you're ...
by BuckyBadger
Sun Apr 15, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: Decisions on a Two Car Strategy
Replies: 24
Views: 2043

Re: Decisions on a Two Car Strategy

I wanted to chime in with my support of your wife's desire for adaptive cruise control. I also have a long highway commute that i have to do three times a week. Adaptive cruise control has recently made my drive significantly less stressful for me. For what it's worth, i have a 2015 Subaru Outback t...
by BuckyBadger
Sat Apr 14, 2018 7:59 pm
Forum: Personal Consumer Issues
Topic: What percentage of you 2017 income can you account for?
Replies: 49
Views: 3239

Re: What percentage of you 2017 income can you account for?

We don't track anything, really. We put away plenty of money before our paychecks even hit our account and then spend what's left.

I could look back at credit card receipts, but there's really no reason to at this point until we need to increase our cash flow.

So, zero percent i suppose.
by BuckyBadger
Fri Apr 13, 2018 9:24 pm
Forum: Personal Consumer Issues
Topic: Fender bender in parking lot, he said she said. What's the effect on my going to be?
Replies: 17
Views: 1353

Re: Fender bender in parking lot, he said she said. What's the effect on my going to be?

One of the posts seemed to be questioning my story. it didn't feel appropriate to give more details or defend myself so i took the original post and additional comments down. Honestly, the title of the thread seems to be pretty descriptive. But for completeness, my question was basically, after a mi...
by BuckyBadger
Fri Apr 13, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: Fender bender in parking lot, he said she said. What's the effect on my going to be?
Replies: 17
Views: 1353

Fender bender in parking lot, he said she said. What's the effect on my going to be?

Thanks for the comments!

Please do my comments in reply #15 explaining why i took down my original text.

Sorry to make this thread confusing or less helpful.
by BuckyBadger
Thu Apr 12, 2018 9:16 am
Forum: Investing - Help with Personal Investments
Topic: “Fund bucket” for new car?
Replies: 14
Views: 1091

Re: “Fund bucket” for new car?

I see posts where people have $85k in cash/savings account. That is the Emergency Fund, Car Fund, House Down Payment Fund, Taxes Fund. OK, but if they go buy a house and put down $75k, you just used up your car fund, taxes fund and most of your Emergency Fund. :annoyed That's not the fault of havin...
by BuckyBadger
Thu Apr 12, 2018 7:19 am
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 84
Views: 13259

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

Since this is Boglehead Forum, the best advice you will be getting is to wait for few more years to increase your portfolio. And when you come back after couple years with couple more millions, you will still get the same advice here. Sometimes I do wonder if some of the postings on this forum are ...
by BuckyBadger
Thu Apr 12, 2018 6:35 am
Forum: Investing - Help with Personal Investments
Topic: “Fund bucket” for new car?
Replies: 14
Views: 1091

Re: “Fund bucket” for new car?

Money is fungible, so having actual physical separate accounts is just an arbitrary way of bookkeeping. If you like to do it that way no problem, but nothing says you have to. If that's how you roll, then have an emergency fund account, a house savings account, and a car replacement account. We just...
by BuckyBadger
Wed Apr 11, 2018 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: 29 YO With a big windfall. Invest or Pay off the mortgage?
Replies: 17
Views: 2411

Re: 29 YO With a big windfall. Invest or Pay off the mortgage?

I'd invest. It's not enough to eliminate the mortgage completely, so I'd rather get the gains on it.
by BuckyBadger
Wed Apr 11, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Am I being unreasonable? [Send daughter to private kindergarten]
Replies: 70
Views: 3921

Re: Am I being unreasonable?

FWIW, this isn't a financial discussion that this board can help with. This is a decision between you and your wife. It doesn't matter if it's the "right" thing to do. There is no right thing in this case. I don't think you're going to get very far by showing your wife this thread and saying, "hey, ...
by BuckyBadger
Tue Apr 10, 2018 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Just paid off my debt, have some questions going forward
Replies: 29
Views: 1659

Re: Just paid off my debt, have some questions going forward

In my opinion: 1) 401k up to the match. 2) Roth up to the limit. 3) 401k up to the limit. 4) Taxable (or mortgage if you have a pathological aversion to debt.) But I'm lucky enough to be able to max them both. I suppose I'd have to think harder about tax consequences if I had to choose between maxi...
by BuckyBadger
Tue Apr 10, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Just paid off my debt, have some questions going forward
Replies: 29
Views: 1659

Re: Just paid off my debt, have some questions going forward

In my opinion: 1) 401k up to the match. 2) Roth up to the limit. 3) 401k up to the limit. 4) Taxable (or mortgage if you have a pathological aversion to debt.) But I'm lucky enough to be able to max them both. I suppose I'd have to think harder about tax consequences if I had to choose between maxin...
by BuckyBadger
Tue Apr 10, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Just paid off my debt, have some questions going forward
Replies: 29
Views: 1659

Re: Just paid off my debt, have some questions going forward

So technically / mathematically speaking is a backdoor Roth IRA superior to the direct Roth IRA? i.e. can a backdoor Roth IRA do anything a direct one can, and more? Is there any reason I shouldn't just be backdooring it now? None whatsoever. Once it's done, they are exactly identical. This issue i...
by BuckyBadger
Tue Apr 10, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Just paid off my debt, have some questions going forward
Replies: 29
Views: 1659

Re: Just paid off my debt, have some questions going forward

No big deal if you're over the limit for direct Roth. Just do backdoor. That's what my husband and i have been doing every year for the past forever.

As long as you don't have other IRAs hanging around it's super clean and easy!
by BuckyBadger
Tue Apr 10, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Alternative website for those in lower tax brackets?
Replies: 59
Views: 5206

Re: Alternative website for those in lower tax brackets?

The investment advice here is really for all income brackets - the 3 fund lazy portfolio scales up and down. The tax tips might not apply, but the investing advice is sound. I agree that it seems like every post starts with "So I max out all my tax advantaged accounts..." But if you're not liking it...
by BuckyBadger
Mon Apr 09, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Posting My Expenses for 2018...
Replies: 23
Views: 1555

Re: Posting My Expenses for 2018...

There's a ton of fat to trim if you wanted to. But posting a budget is pointless without context. What do you make? How much to you save for retirement and other stuff? How old are you? What are your plans? We spend more than you. Quite a bit more. Our monthly credit card bill is between $5k and $7k...
by BuckyBadger
Mon Apr 09, 2018 12:07 pm
Forum: Personal Consumer Issues
Topic: New Turbo Tax "freak out" screen?
Replies: 6
Views: 1069

New Turbo Tax "freak out" screen?

Has anyone else noticed a new screen in Turbo Tax or have I just never paid attention before? We started going through the questions and had all our W2 stuff entered in and it said we owed like $7500 - which it usually does. Then it goes down as we add in all the rest of our information. But this ti...
by BuckyBadger
Mon Apr 09, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Cash flow problems - best way to handle?
Replies: 134
Views: 7830

Re: Cash flow problems - best way to handle?

Just as a reference point, in my low-moderate COL location, my kids' summer camp at their school costs $20/day/child. So in your case for 11 weeks, it would be about $2200. I don't know if this is cheap or expensive for my location, but I could easily see it being twice that in the DC area. I looke...
by BuckyBadger
Mon Apr 09, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Cash flow problems - best way to handle?
Replies: 134
Views: 7830

Re: Cash flow problems - best way to handle?

Although you may have been better served to spend less and gotten a reliable used car, that's water under the bridge. You got a good reliable car that should last you many many years. So lets move on from that. Some of the easy low hanging fruit is non-negotiable due to your divorce agreement, so we...
by BuckyBadger
Mon Apr 09, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: Does it make sense to buy new appliances when there's a good sale before you need them?
Replies: 28
Views: 1678

Re: Does it make sense to buy new appliances when there's a good sale before you need them?

Sense? Maybe not. But we do things for all sorts of reasons that don't make perfect sense. If you want something new and the purchase price doesn't bust your budget then go ahead and but something new. It's always a balancing act between what we want and what we need. Most of us always buy at least ...
by BuckyBadger
Mon Apr 09, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Maxing out 403(b) early in year
Replies: 9
Views: 515

Re: Maxing out 403(b) early in year

The only other thing I can think of is market timing risk. The market may be higher now than it will be later in the year. Of course, the market could be lower now than later in the year too. I'd personally just put in on a steady basis, this way market timing doesn't factor into a decision. I resp...
by BuckyBadger
Mon Apr 09, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Monthly Lump Sum Vs Daily Investment
Replies: 14
Views: 601

Re: Monthly Lump Sum Vs Daily Investment

Daily investing is taking DCA to a crazy extreme! Don't do that! DCA is basically what we call it when we don't have "everything" to invest all at once. Usually because we're investing part of our paycheck and we all usually get paid at specific intervals. DCA has many time frames, though. For my 40...
by BuckyBadger
Mon Apr 09, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Maxing out 403(b) early in year
Replies: 9
Views: 515

Re: Maxing out 403(b) early in year

The only (tiny) risk you take is that if you leave your employer during the year and join an employer that DOES match, and you can't gain anything form that match. Personally I wouldn't let that small possibility keep me from maxing out early if that's what you'd like to do and there's no match to w...
by BuckyBadger
Fri Apr 06, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Who uses the 3 fund portfolio ?
Replies: 39
Views: 3900

Re: Who uses the 3 fund portfolio ?

3 funds here, or as close as i can get in our employer sponsored accounts. This is across a 401k, a 403b, two IRAs, an HSA that we're using as a stealth IRA, and a taxable account.

So easy. I love it.
by BuckyBadger
Wed Apr 04, 2018 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor fees? Am I paying too much?
Replies: 54
Views: 3853

Re: Financial Advisor fees? Am I paying too much?

As far as whether the advisor is adding any value to me— hard to say. I initially started this because I wanted to be exposed to the market without having to read a dozen books about investing. Now that I found this BH forum I am thinking that pretty soon I will be able to manage my own account wit...
by BuckyBadger
Mon Mar 19, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Bought house six months ago - now feeling like we're treading water and can't save money
Replies: 189
Views: 16411

Re: Bought house six months ago - now feeling like we're treading water and can't save money

You seem to be idealistic about a few too many things. If you insist on that level of tithing then okay - fine. But you can't afford to then ALSO be idealistic about prepaying the mortgage. Prepay later if you wish, but stop prepaying for now. It's a drop in the bucket, and at your mortgage rate it'...
by BuckyBadger
Thu Mar 08, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 18928

Re: What was your % pay raise?

Out of absolutely NOWHERE, I just got a 13% raise! Apparently my department did an equity analysis to determine why we couldn't hire any experienced candidates and discovered what we have known for years - that we are significantly underpaid. But I certainly didn't expect them to do anything about ...
by BuckyBadger
Thu Mar 08, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 18928

Re: What was your % pay raise?

Out of absolutely NOWHERE, I just got a 13% raise! Apparently my department did an equity analysis to determine why we couldn't hire any experienced candidates and discovered what we have known for years - that we are significantly underpaid. But I certainly didn't expect them to do anything about i...
by BuckyBadger
Wed Mar 07, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Should I "get divorced" for tax purposes (PSLF)
Replies: 57
Views: 3807

Re: Should I "get divorced" for tax purposes (PSLF)

Use it as incentive to pay off those loans faster. If you still live like poor students for a while you'll have everything paid off before you know it.
by BuckyBadger
Tue Mar 06, 2018 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Pickleball versus Tennis
Replies: 27
Views: 2634

Re: Pickleball versus Tennis

I would do tennis with pickleball lines on it as well. I'm a 5x a week tennis player, but pickleball is becoming hugely popular as the population ages. All the tennis hard courts at my club are lined for pickleball as well and pickleball courts are getting built fast all over the country. Pickleball...
by BuckyBadger
Sun Mar 04, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Emergency Medevac - costs and options
Replies: 35
Views: 3327

Re: Emergency Medevac - costs and options

What an odd question. If you're in a situation in a foreign country where you need an emergency medical evacuation I don't think you really have a chance to price check. I've never taken out travel insurance before, but I did for the first time this year for a trip to China. I'd trust to be taken ca...
by BuckyBadger
Mon Feb 26, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Do these mock 2018 taxes look right?
Replies: 2
Views: 488

Do these mock 2018 taxes look right?

Trying to determine if I'm withholding too much or not enough for my potential 2018 taxes, so I made a spreadsheet and I wanted to figure out if you all thought I was calculating my projected taxes correctly. 2018 assumptions/changes: 1. New brackets for MFJ for 2018 2. Verified 2018 SS, medicare le...
by BuckyBadger
Sat Feb 24, 2018 10:39 pm
Forum: Personal Consumer Issues
Topic: Alaska Princess Cruise: Shore excursions?
Replies: 21
Views: 1188

Re: Alaska Princess Cruise: Shore excursions?

I was just talking to someone at work and recommending some excursions. The distances in Alaska and the repercussions of getting delayed made us unwilling to risk independent excursions. The White Pass railroad out of Skagway is an absolutely can not miss experience. We did a fishing excursion out o...
by BuckyBadger
Fri Feb 23, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on changing withholding for 2018? Complicating factors!
Replies: 7
Views: 616

Re: Thoughts on changing withholding for 2018? Complicating factors!

Yikes - I guess this is either a really hard question or a really dumb one!

Or just perhaps still too many unknowns...
by BuckyBadger
Fri Feb 23, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Time for twins to go to daycare
Replies: 38
Views: 2792

Re: Time for twins to go to daycare

I misread the original post, so I'm deleting my response. But to the OP: You say daycare for two infants costs $500 per month per kid, or $12,000 per year? Where in the world do you get daycare that cheap? In my area it runs around $20,000 per year per kid, or about $40,000 for twin infants. And ou...
by BuckyBadger
Fri Feb 23, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on changing withholding for 2018? Complicating factors!
Replies: 7
Views: 616

Thoughts on changing withholding for 2018? Complicating factors!

I just got my first paycheck showing a decrease in my federal taxes and I was hoping to get some expert opinions on if I need to change anything to try and get closer to even when it comes time to pay 2018 taxes. Here's the situation: We're a DINK family with high incomes so we always set our exempt...
by BuckyBadger
Fri Feb 23, 2018 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Small Personal Loans for Mixed Martial Arts Training
Replies: 34
Views: 2659

Re: Small Personal Loans for Mixed Martial Arts Training

This is a really bad idea, I feel. $1500 isn't that much. Save it up (as part of an overall saving/spending/investing goal for your whole life plan) and then get your training.

Do not take out a high rate unsecured loan for something trivial like this.