Search found 311 matches

by ShowMeTheER
Fri Aug 25, 2017 9:52 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 27
Views: 2151

Re: New Columbus, Ohio Chapter

I would be interested to meet
by ShowMeTheER
Fri Aug 25, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: 401k "Revenue Credits"
Replies: 1
Views: 248

Re: 401k "Revenue Credits"

Yes - the rev credit is essentially built into the expense ratio and then credited back to you. Still a ridiculous concept to me after many years of running retirement plans. Back in the not too distant past it was a great revenue generator for the recordkeepers if your hr/benefits person didn't kno...
by ShowMeTheER
Fri Aug 25, 2017 5:01 am
Forum: Personal Finance (Not Investing)
Topic: Unable to do a pension cashout/rollover before retirement age - common?
Replies: 7
Views: 860

Re: Unable to do a pension cashout/rollover before retirement age - common?

It's not uncommon. Get your hands on the Summary Plan Doc and the Plan Doc. Keep in mind you are not looking for 'rollover' but rather a lump sum distribution option to be listed... and the timing of such. If/when lump sum is allowed, the rollover aspect is a given even if they wouldn't do it direct...
by ShowMeTheER
Tue Aug 22, 2017 5:54 am
Forum: Personal Consumer Issues
Topic: DirecTV vs. Dish vs. Cable
Replies: 21
Views: 1641

Re: DirecTV vs. Dish vs. Cable

Of the 3 that you list, my opinion is there is no material difference in service or experience. All are drawing on the same playbook and the boxes/equipment are part of it. Regarding the price compare, one thing to keep in mind is that after the initial lock period there is no set price to compare. ...
by ShowMeTheER
Mon Aug 21, 2017 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance or Stay As Is
Replies: 13
Views: 1221

Re: Refinance or Stay As Is

How stable are the job(s)? I am partial to locking in the 2.75% at 15 yrs given that you make plenty of money to handle payments. I think the 100bps spread there is worthwhile versus the 30. However, much of this does come down to what makes you sleep better at night. I have a hard time suggesting y...
by ShowMeTheER
Sun Aug 13, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Are we house poor? [Property Tax Madness]
Replies: 79
Views: 8173

Re: Are we house poor? [Property Tax Madness]

I assume you are in the Columbus area. Extreme property taxes at 3% of value plus generous pension (teacher?) plus double digit county appraisals on the horizon... all sounds quite familiar :D Although 1.5% city tax may tell me otherwise. Anyway, I was worried about the new county appraisals as well...
by ShowMeTheER
Fri Aug 04, 2017 5:11 am
Forum: Personal Finance (Not Investing)
Topic: Should i switch to a 15/1 fixed mortgage
Replies: 6
Views: 744

Re: Should i switch to a 15/1 fixed mortgage

Thanks. Any experience with them? Certainly head and shoulders above other refi all-in costs these days. Their Yelp reviews (Cardinal Financial) leave much to be desired but Yelp tends to draw the unhappy rather than the happy.
by ShowMeTheER
Thu Aug 03, 2017 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Should i switch to a 15/1 fixed mortgage
Replies: 6
Views: 744

Re: Should i switch to a 15/1 fixed mortgage

If you can really get 2.78% w/o crazy closing costs that seems like a wise way to go in my opinion. Would also appreciate if you would mention where that rate is from.
by ShowMeTheER
Fri Jul 28, 2017 5:07 am
Forum: Personal Finance (Not Investing)
Topic: Ready to retire - have I missed anything?
Replies: 24
Views: 4043

Re: Ready to retire - have I missed anything?

Looks good from my perspective. You've put a lot of thought into your retirement considerations, you have the savings and the comfort of the pension backing it up. Can't see anything of significance that is missed. Time to go enjoy! Best of luck.
by ShowMeTheER
Sat Jul 08, 2017 2:49 am
Forum: Personal Finance (Not Investing)
Topic: RSU's need opinon on sellable
Replies: 4
Views: 427

Re: RSU's need opinon on sellable

Am I reading correctly that it's a grand total of $2,800 in market value today? If so, I don't think it's a big deal either way. Typical advice is to be sure that holdings in one stock are not too large a portion of your net worth, etc... In this case, do whatever makes you sleep best. Small tax los...
by ShowMeTheER
Sat Jan 28, 2017 2:54 am
Forum: Personal Finance (Not Investing)
Topic: Should my spouse sell her long term-held company stock to pay mortgage down so we can refinance at a lower rate?
Replies: 20
Views: 2181

Re: Should my spouse sell her long term-held company stock to pay mortgage down so we can refinance at a lower rate?

I would suggest the complete sell... both the full shares and the options. Forget buying the options and do a cashless exercise. You are underwater on a jumbo mortgage and have another loan outstanding as well. Cash helps and I like your plan toward getting into refi position. So long as she doesn't...
by ShowMeTheER
Sat Aug 06, 2016 8:15 am
Forum: Personal Finance (Not Investing)
Topic: another refi question. show me the....math?
Replies: 18
Views: 2024

Re: another refi question. show me the....math?

No expert on closing related fees, but even if they hold as-is I'd say this is a win and that you should refi based on what is presented. I do the math in this simple way when evaluating: 0.75% rate drop in 33% bracket means 0.50% drop after tax. 0.50% savings on interest cost on your current balan...
by ShowMeTheER
Fri Aug 05, 2016 3:42 am
Forum: Personal Finance (Not Investing)
Topic: another refi question. show me the....math?
Replies: 18
Views: 2024

Re: another refi question. show me the....math?

No expert on closing related fees, but even if they hold as-is I'd say this is a win and that you should refi based on what is presented. I do the math in this simple way when evaluating: 0.75% rate drop in 33% bracket means 0.50% drop after tax. 0.50% savings on interest cost on your current balanc...
by ShowMeTheER
Sun Feb 07, 2016 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: refinancing for high rate
Replies: 12
Views: 1164

Re: refinancing for high rate

Yes, that would make sense in your situation.
by ShowMeTheER
Wed Nov 04, 2015 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Nonqualified plan
Replies: 13
Views: 1111

Re: Nonqualified plan

What are the distribution options on the non-qual plan? Is there any match involved with contributions to the non-qual plan? If there isn't any match and if the benefit of the immediate tax deduction is likely to be erased later on anyway by a likely distribution to you during continued working/high...
by ShowMeTheER
Wed Nov 04, 2015 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Nonqualified plan
Replies: 13
Views: 1111

Re: Nonqualified plan

What is the financial standing of the company? Is it at significant risk of going BK?
by ShowMeTheER
Fri Oct 30, 2015 9:21 am
Forum: Personal Finance (Not Investing)
Topic: How much of your total income are you worth?
Replies: 51
Views: 8028

Re: How much of your total income are you worth?

I have done this in the past... also found it interesting.

Our number is in the range of 0.67. We are in our mid-30's.
by ShowMeTheER
Sat Jul 25, 2015 5:45 am
Forum: Investing - Help with Personal Investments
Topic: Can I retire early?
Replies: 25
Views: 5344

Re: Can I retire early?

Yes, you'll be fine. This forum is ultra conservative in answering these questions for the high earners.

Still $2M in gross earnings to add onto your existing portfolio... 4% w/d puts you in good shape. Stick out 1 addl yr of work if the two of you don't hate the jobs for good measure.
by ShowMeTheER
Fri Jul 10, 2015 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: IRS: No more lump sum in lieu of defined benefit annuity?
Replies: 28
Views: 4437

Re: IRS: No more lump sum in lieu of defined benefit annuity?

Yes, it's #2 So, I've read the short blurb. Which of the following statements best describe this new reg? I vote for #2. 1. At retirement my company can offer me a lump sum instead of an annuity. 2. After retirement, when my company is paying me retirement benefits via an annuity, they cannot at a l...
by ShowMeTheER
Wed Jul 01, 2015 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance "birthday rule"
Replies: 35
Views: 6383

Re: Health insurance "birthday rule"

Sounds like it wasn't clear to the rep that you would be cancelling instead of going dual coverage. That's all.
by ShowMeTheER
Mon Jun 22, 2015 9:33 am
Forum: Personal Finance (Not Investing)
Topic: What percent of your spending is "basic" and what percent is "discretionary"?
Replies: 42
Views: 5043

Re: What percent of your spending is "basic" and what percent is "discretionary"?

My household is also very near 2/3 (basic) and 1/3 (discretionary).

In basic, I tend to include: food/toiletries, shelter, gasoline, utilities, phones/internet/TV, auto/home/life insurance as the highlights.
by ShowMeTheER
Mon Apr 20, 2015 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Take the job? Midwest to West Coast.
Replies: 12
Views: 1232

Re: Take the job? Midwest to West Coast.

Longer commute is likely. Housing certainly more expensive. But, I'd think nothing that ~$2K extra income per month (after taxes) shouldn't make up for. I'd call it a wash at worst and take the job.
by ShowMeTheER
Thu Apr 16, 2015 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Refinance?
Replies: 5
Views: 923

Re: Should I Refinance?

It would be helpful to know more of your financial situation, but this is really one of those whatever makes you sleep better at night situations. You are evaluating the proper pieces. The $3,400 may seem like a lot, but could be a drop in the bucket if rates are at 5% in 2019 versus the 3% you coul...
by ShowMeTheER
Tue Apr 14, 2015 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Multiple Ohio 529s - One Child
Replies: 7
Views: 1001

Re: Multiple Ohio 529s - One Child

I've done something similar as OP, but did not get into the 3rd account. First account had Bene = Wife, later changed to Child #1 Second account had Bene = Self, later changed to Child #2 We preferred to get some 529 monies started in prior to the kids actually being born, understanding there is som...
by ShowMeTheER
Sun Apr 12, 2015 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA recharacterization and e-file
Replies: 13
Views: 4117

Re: Roth IRA recharacterization and e-file

I had a similar issue as those that have reported in the thread - sort of a combination of the two - with HR Block software, specifically. A very simple Roth to Traditional recharacterization for 2014 tax year; with the transaction done in March, 2015. Explanation asked for and provided upon data in...
by ShowMeTheER
Mon Mar 30, 2015 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Another can I afford this house thread
Replies: 11
Views: 1448

Re: Another can I afford this house thread

2x income; great job stability; no debt; down payment saved.

Yes, you can definitely afford. Enjoy the quality of life that comes with your new commute!
by ShowMeTheER
Sun Mar 29, 2015 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Implications of the "Cadillac" tax of the ACA
Replies: 29
Views: 3902

Re: Implications of the "Cadillac" tax of the ACA

The caddy tax is supposed to be levied on the employer and not the individual. That's not to say that employers won't adjust cost share to account for any cost increases being brought on. They can and may adjust all plans to account for this - not necessarily only those exceeding caddy limits. As we...
by ShowMeTheER
Fri Mar 06, 2015 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 11172

Re: Does My Daughter Need A Prenup?

It sounds to me like your daughter is capable of making the decision on her own without pressure or prompting. I guess the bigger question is whether it really is HER decision or OUR (including wife and) decision. Why would it be yours? It's her decision. Her grandparents decide the inheritance of ...
by ShowMeTheER
Fri Mar 06, 2015 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 11172

Re: Does My Daughter Need A Prenup?

It sounds to me like your daughter is capable of making the decision on her own without pressure or prompting.
by ShowMeTheER
Thu Jan 22, 2015 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Refinance motrgage
Replies: 12
Views: 1624

Re: Refinance motrgage

Given the rate you currently have and the limited info you've provided, yes you should refinance.

I can't think of many details that you'd provide that would lead to any answer other than 'yes'.
by ShowMeTheER
Fri Jan 16, 2015 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Should I Declare Victory and Pack It In?
Replies: 173
Views: 20259

Re: Should I Declare Victory and Pack It In?

Toxic contract coming, so definitely get out of this place.

Take 3 months off and see how you feel. If you feel like you still want to work after that, then go search for a new location that will pay you market value.

In any case, you are fine with $2.7M given the light fixed expenses.
by ShowMeTheER
Fri Jan 09, 2015 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance with Third Federal? 3/1 ARM, 2.34%, $295 costs
Replies: 9
Views: 1998

Re: Refinance with Third Federal? 3/1 ARM, 2.34%, $295 costs

Multiple refi's with Third Fed here, including a rate relock. Great experiences - the type that make you scratch your head when you hear he crazy difficulties some have to close a mortgage/refi with other institutions. Hope you find the same. Good luck.
by ShowMeTheER
Mon Dec 29, 2014 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Should I do a 25 year refinance?
Replies: 13
Views: 1118

Re: Should I do a 25 year refinance?

This would be a no-brainer. Your net worth increases each month versus your prior situation and you are out no money.

One reason your lender is doing this is b/c your rate is too high for the current market, so they are being proactive in keeping your business.
by ShowMeTheER
Tue Dec 02, 2014 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: STRS Ohio Choice - What to do?
Replies: 15
Views: 3518

Re: STRS Ohio Choice - What to do?

If you are in it for the long haul, I'd vote the DB option. Hard to beat that type of security when so much of your other savings may be subject to market fluctuations. My opinion/perspective on the long-term: I realize that Ohio has recently made some changes to their plan...and that it's unfunded....
by ShowMeTheER
Sat Nov 29, 2014 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Change COBRA health plan election after relocating?
Replies: 1
Views: 340

Re: Change COBRA health plan election after relocating?

Yes, your relocation will qualify you for a new plan election under COBRA mid-year
by ShowMeTheER
Wed Nov 19, 2014 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on Certified Financial Planning Certificate
Replies: 5
Views: 1239

Re: Advice on CERTIFIED FINANCIAL PLANNING CERTIFICATE

I would advise that it depends on what you are really looking to get out of the course/designation. I took the course (a fast-track course that was done over 7 four-day weekends over a 9 month stretch) and exam. I thought this type of course program was excellent... in my case I was a working profes...
by ShowMeTheER
Tue Nov 11, 2014 12:35 pm
Forum: Personal Consumer Issues
Topic: Blue Cross question - ACA
Replies: 4
Views: 826

Re: Blue Cross question - ACA

Hmm... these seem to be popping up more, in the ACA plans that are offered, than I've ever seen before. Likely, the per occurrence is in addition to the annual deductible... and likely prior to the deductible. So, maybe for an inpatient stay you are responsible for a $250 per occurrence deductible e...
by ShowMeTheER
Fri Oct 24, 2014 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Our plan to pay off our mortgage by Age 40
Replies: 10
Views: 1860

Re: Our plan to pay off our mortgage by Age 40

What does the rest of your financial picture look like? I've always found the bigger picture important to consider when making home financing decisions.

Given your fast track to payoff, it does beg the question if you've looked at/considered 5 or 7 year ARM's or 10 year fixed rate mortgages.
by ShowMeTheER
Fri Oct 24, 2014 7:36 am
Forum: Personal Finance (Not Investing)
Topic: COBRA and plan changes...
Replies: 11
Views: 1403

Re: COBRA and plan changes...

You will be entitled only to the choices that the active employees have... so it'll be HSA only after the plan year changes, no matter your status.
by ShowMeTheER
Thu Oct 23, 2014 5:19 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing Advice - is cash out refinance good or bad
Replies: 11
Views: 2254

Re: Refinancing Advice - is cash out refinance good or bad

Definite yes to the refi. Very likely yes to the cashout. No reason to be at 5.5% right now. Save 2% per year with a refi - no brainer. Shop for a good deal and there are some to be had with reasonable fees. In your case, even middle of the road fees are more than fine to drop 2% interest. You did n...
by ShowMeTheER
Sun Sep 28, 2014 8:20 pm
Forum: Personal Consumer Issues
Topic: Good rubber covering for shoes in inclement weather?
Replies: 9
Views: 1717

Re: Good rubber covering for shoes in inclement weather?

Check swims.com for galoshes as an alternative to the dept store norm. I've found these at Allen Edmonds (outlet) before. Performance is perfectly good.
by ShowMeTheER
Fri Sep 05, 2014 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: 1st Post: Contributions & 401k Fund Questions
Replies: 7
Views: 1026

Re: 1st Post: Contributions & 401k Fund Questions

Have you considered a Traditional IRA for her instead of Roth? Maybe even for yourself as well (if your Modified AGI fits the limits)? If you have that 9% of income to work with, at your 25% bracket, I'd be doing max to get company match in 401(k) and then TIRA where possible; as long as you are hap...
by ShowMeTheER
Fri Sep 05, 2014 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: 1st Post: Contributions & 401k Fund Questions
Replies: 7
Views: 1026

Re: 1st Post: Contributions & 401k Fund Questions

Your federal tax rate would go a long way towards answering #1. Thank you.
by ShowMeTheER
Fri Sep 05, 2014 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Please explain this statement to me. Thank you.
Replies: 12
Views: 1613

Re: Please explain this statement to me. Thank you.

Likely, if you start collecting the annuity at age 55 you will receive 65% of your full benefit (age 62). You'll receive that 65% amount until you pass away.
by ShowMeTheER
Wed Jul 16, 2014 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance ?
Replies: 14
Views: 1588

Re: Refinance ?

Yes, no brainer
by ShowMeTheER
Thu May 09, 2013 11:56 am
Forum: Personal Consumer Issues
Topic: Potential new job advice
Replies: 17
Views: 1463

Re: Potential new job advice

The concerns you have aren't the ones that should stop you from taking it and seeing what happens. As someone mentioned, you have an in demand skill set so you'll either do great things at Google and fall in love with the area... or you won't and you'll have the ability to go back to where you are (...
by ShowMeTheER
Wed May 08, 2013 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Which debt goes first? Save money instead?
Replies: 16
Views: 1849

Re: Which debt goes first? Save money instead?

Dulocracy wrote:I am led to believe that babies cost money, so there is that. Thoughts?


Absolutely correct.


Let's start here:

How much money do you have, or expect to have available to pay towards these debts in the next year? How much time left on that car note?
by ShowMeTheER
Tue Apr 23, 2013 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Overpayment
Replies: 4
Views: 694

Re: Mortgage Overpayment

Sounds like a lot of hassle. I think the 0.9% savings is perfectly fine for the short-term time you are talking about. I'd recommend just adding to your monthly payments (automatic deduction), but in a lesser amount than you intend to contribute if all goes well with job. For example, if your end of...