Search found 324 matches

by ShowMeTheER
Mon Apr 16, 2018 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at the end of 2018 at age 59?
Replies: 31
Views: 5400

Re: Can I retire at the end of 2018 at age 59?

Work to the end of 2019 and then retire. You have plenty to enjoy some great years. Cut back a bit if the full $120K/yr seems a stretch.
by ShowMeTheER
Sun Apr 01, 2018 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: portolio questions
Replies: 8
Views: 599

Re: portolio questions

gips wrote:
Sun Apr 01, 2018 7:49 pm

questions:
-- I'm thinking we should be able to withdraw $200K per year by counting the coop as part of the portfolio? Even without the coop...
-- ss plan look ok? Yes, good plan
-- open to any suggestions Enjoy your financial success in retirement!
by ShowMeTheER
Sun Apr 01, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Just turned 40 please help me with my portfolio checkup
Replies: 5
Views: 1240

Re: Just turned 40 please help me with my portfolio checkup

Looks like you're in great shape to me. No debt and somewhere north of $500K saved up. Any kids? I didn't take time to figure you're asset allocation, but so long as you are comfortable with it just keep going. Be mindful of the allocation makeup on those 2045 funds as you move forward. If going for...
by ShowMeTheER
Thu Mar 01, 2018 4:51 am
Forum: Personal Consumer Issues
Topic: New construction woes
Replies: 30
Views: 2936

Re: New construction woes

I would get the inspection to document at this point in time - as well as for piece of mind. Common mistake that I am guilty of as well is not having an independent inspection prior to taking possession of new build. It may not be a game changer but seems well worth the money to support a warranty c...
by ShowMeTheER
Fri Feb 09, 2018 6:11 am
Forum: Personal Finance (Not Investing)
Topic: Which is better? Free insurance/pension 1.45/match 1.25 vs. 5% contribution + 4% match?
Replies: 2
Views: 460

Re: Which is better? Free insurance/pension 1.45/match 1.25 vs. 5% contribution + 4% match?

1) how long do you plan to stay? 2) let's call it a 9% difference in 401k/403b contribution. How much $$ is that in your case? 3) instead of an internet page, read their pension filing at efast.dol.gov and draw some of your own conclusions or post add'l info. You certainly could go buy your own annu...
by ShowMeTheER
Thu Feb 08, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: HSA...let me get this straight
Replies: 36
Views: 3870

Re: HSA...let me get this straight

exit_r wrote:
Thu Feb 08, 2018 7:05 pm
I posted earlier and didn't get any response. Can you have FSA and HSA in same CY if you switch health plans on your companies open enrollment that occurs in FY (JUL-JUN) not CY?
Yes, you can do that
by ShowMeTheER
Fri Jan 26, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Pension or Lump Sum
Replies: 7
Views: 706

Re: Pension or Lump Sum

What other assets do you have/expect to have? How much do you value the stable ride of a monthly pension?
by ShowMeTheER
Thu Jan 18, 2018 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Dependent Flexible Spending Account Question
Replies: 4
Views: 337

Re: Dependent Flexible Spending Account Question

Yes to summer camp and school programs

Yes to lowering Income

Yes you can contribute to both DCFSA and HSA
by ShowMeTheER
Mon Dec 18, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: FSA & funding question
Replies: 9
Views: 868

Re: FSA & funding question

1) FSA's are not invested so no mutual funds to worry about 2) Your post-birth infant costs don't have to be all to expensive and with any luck they will not be. The big ticket item is the birth itself. Your out-of-pocket spend depends on your plan, but in majority of cases you'll carry enough of an...
by ShowMeTheER
Sun Dec 17, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Megacorp wants to change my bonus!
Replies: 25
Views: 4768

Re: Megacorp wants to change my bonus!

[quote=johnubc post_id=3669249 time=<a href="tel:1513566313">1513566313</a> user_id=16694] RSU are forfeited once you leave employment. They do not continue to vest. One hour of research shows that it depends, but this does seem to be the most common. Everyone should check: -it looks fairly common ...
by ShowMeTheER
Sat Dec 16, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Problem with H&R Block Tax Software Download
Replies: 10
Views: 761

Re: Problem with H&R Block Tax Software Download

I had the same problem this morning. Was using Chrome. Have not had a chance to get back to it yet today to try again.
by ShowMeTheER
Wed Nov 08, 2017 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: When to use a non-qualified deferred compensation plan
Replies: 9
Views: 799

Re: When to use a non-qualified deferred compensation plan

FYI - the recently released Tax Reform details are showing a potential major shift in NQDC plans (as drafted, they'd basically be dead). This was somewhat a surprise. Something to keep an eye on as you consider your options both now and as the potential reform progresses.
by ShowMeTheER
Sun Oct 01, 2017 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: New mortgage, should I refinance .
Replies: 17
Views: 1781

Re: New mortgage, should I refinance .

If the refi makes financial sense then certainly go ahead and do it. Many people miss an easy opportunity with refi.
by ShowMeTheER
Fri Aug 25, 2017 9:52 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 52
Views: 6070

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: 522

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: 989

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: 2085

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: 1467

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: 9370

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: 894

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: 894

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: 4491

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: 509

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: 2338

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: 2151

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: 2151

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: 1300

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: 1247

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: 1247

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: 8223

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: 5496

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: 4625

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: 6790

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: 5214

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: 1284

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: 957

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: 1054

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: 4232

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: 1495

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: 4010

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: 11779

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: 11779

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: 1675

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: 20962

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: 2159

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: 1178

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: 4060

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: 354

Re: Change COBRA health plan election after relocating?

Yes, your relocation will qualify you for a new plan election under COBRA mid-year