Search found 50 matches

by WannabeEarlyRetiree
Wed May 02, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Need help reorganize our investment
Replies: 17
Views: 1244

Re: Need help reorganize our investment

What are your current expenses and how much do you project to spend in retirement (including taxes and healthcare)? I'm wondering if $3mm is enough if you plan to keep both houses. Currently, our monthly spending is ~$10k (with $2k a month just for kids' expense). Before we had kids, we were spendi...
by WannabeEarlyRetiree
Wed May 02, 2018 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Need help reorganize our investment
Replies: 17
Views: 1244

Re: Need help reorganize our investment

It will not make much difference. If you keep a little of the international in the 401k, you will be able to adjust your US to foreign ratio in the 401k without triggering taxes. If you put it all in the taxable account, you will have to rebalance by adding money to the one you have to little of. I...
by WannabeEarlyRetiree
Wed May 02, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Need help reorganize our investment
Replies: 17
Views: 1244

Re: Need help reorganize our investment

Thank you so much Retiredjg for your feedback. Here's an idea to consider. Taxable brokerage at Fidelity - 24.22% of entire portfolio 7.36% Vanguard 500 Index Fund VOO <---watch for wash sales with 500 index in IRAs 10% Fidelity Total International Index mutual fund or similar ETF 6.44% Current empl...
by WannabeEarlyRetiree
Thu Apr 26, 2018 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Need help reorganize our investment
Replies: 17
Views: 1244

Re: Need help reorganize our investment

Here's what I see as a good way to simplify the existing accounts. The Vanguard funds in his 401k have the lowest expense ratios, so you could have 60% VINIX and 40% VBTIX. In every other IRA account simplify down to a single total market stock fund, same for taxable as well. When it comes time to ...
by WannabeEarlyRetiree
Thu Apr 26, 2018 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Need help reorganize our investment
Replies: 17
Views: 1244

Re: Need help reorganize our investment

Yes to rollover and Backdoor Roth. I don't see how you can achieve your goal given you have $500K net worth currently and are contributing only $35.5K annually ($11K Roth + $24500). Actually, our networth is already over 2 mil if you include the houses. The amount available for investing is $1 mil.
by WannabeEarlyRetiree
Thu Apr 26, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Need help reorganize our investment
Replies: 17
Views: 1244

Re: Need help reorganize our investment

I think you will not get much help because you have not named your investments. People don't know what those tickers symbols mean. That means that anyone who wants to help you will have to look them all up and enter the names somewhere for the portfolio to make sense. You are more likely to get the...
by WannabeEarlyRetiree
Thu Apr 26, 2018 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: Need help reorganize our investment
Replies: 17
Views: 1244

Need help reorganize our investment

As many that posted here, our investment is disorganized (cash heavy and not diversify). We want to rebalance our portfolio so it is diversify, be more tax efficient, and simple so I can easily manage myself (something like a three fund portfolio). Right now, he is working and she is a SAHM. 2 young...
by WannabeEarlyRetiree
Mon Mar 12, 2018 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing a Very expensive home in HCOL Area
Replies: 42
Views: 5853

Re: Purchasing a Very expensive home in HCOL Area

Rather than reducing 401k, can you reduce your expenses to increase saving for down payments?
by WannabeEarlyRetiree
Mon Mar 05, 2018 7:11 pm
Forum: Personal Consumer Issues
Topic: Is digital retinal imaging a scam?
Replies: 14
Views: 1326

Re: Is digital retinal imaging a scam?

Ophthalmologist here. Yes, it's a scam. The only reason to image the retina is if you have a problem that warrants further investigation. If the optometrist can't determine this with a clinical exam, then you should find a different optometrist or see an M.D. Is this the same thing as the picture o...
by WannabeEarlyRetiree
Mon Mar 05, 2018 5:11 pm
Forum: Personal Consumer Issues
Topic: Is digital retinal imaging a scam?
Replies: 14
Views: 1326

Is digital retinal imaging a scam?

I made an appointment for a routine annual eye exam with a new optometrist. The receptionist said as part of their typical care, they also do digital retinal imaging so my eye won't need to be dilated. But for this digital picture of my eyes, I'd pay additional $20 copay while insurance covers the r...
by WannabeEarlyRetiree
Thu Mar 01, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: Kitchen features
Replies: 108
Views: 8247

Re: Kitchen features

Did two kitchen remodels in recent year. Worth it: -outlets everywhere -dimmer for the lights and lights everywhere -one giant single sink -giant tiles for backsplash (less grout to clean) -splurge on nice gas range -splurge on nice dish washer -pantry closet to hide all the stuffs -pulled out sink ...
by WannabeEarlyRetiree
Mon Feb 19, 2018 12:41 am
Forum: Investing - Help with Personal Investments
Topic: Late 20's female looking for some advice towards financial independence
Replies: 31
Views: 4204

Re: Late 20's female looking for some advice towards financial independence

Ideally, how would like your life to be in 5 years? I know you are asking a financial question but if you have a good idea what you like in 5 years, it will help with your decision. I think if I were a young woman in my late 20s, making good money like you, I'd see if it make senses to buy a 2+ bedr...
by WannabeEarlyRetiree
Wed Feb 07, 2018 9:24 pm
Forum: Personal Consumer Issues
Topic: What time do you go to work?
Replies: 72
Views: 5826

Re: What time do you go to work?

I used to work in software industry, if I have meetings before 11am, I can count on most engineers will not show up physically (they would call in to the meeting if needed). Most people stroll in around 10-11am but they do work till very late. Those have kids show up at at 8-9am since they have to g...
by WannabeEarlyRetiree
Fri Jan 26, 2018 7:02 am
Forum: Personal Consumer Issues
Topic: April in Paris - Your favorites or suggestions?
Replies: 48
Views: 2376

Re: April in Paris - Your favorites or suggestions?

Eat lots of breads!!!

I don't know how but all the baked goods we had in Paris were amazing.
by WannabeEarlyRetiree
Thu Jan 25, 2018 1:24 am
Forum: Personal Consumer Issues
Topic: Using disinfecting wipes to clean surfaces
Replies: 47
Views: 3479

Re: Using disinfecting wipes to clean surfaces

My partner regularly uses disinfecting wipes to clean surfaces and contact objects (like doorknobs, cabinet handles). He does this maybe once or twice a week, and he says that contact objects have more bacteria than the seat of a toilet. I just looked at the price of a packet, and the brand he uses...
by WannabeEarlyRetiree
Fri Dec 08, 2017 10:56 am
Forum: Personal Consumer Issues
Topic: Please suggest a dry hands product
Replies: 82
Views: 4498

Re: Please suggest a dry hands product

At night, liberally putting tons of Vaseline or aquaphor onto the hands, then put on socks onto the hands and leave it on till morning (so not to stain the sheets). I do this when my hands feel super dry and it helps a lot
by WannabeEarlyRetiree
Fri Dec 08, 2017 7:05 am
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 293
Views: 24221

Re: Do people still use AAA?

boglerdude wrote: ↑
Fri Dec 08, 2017 4:04 am
There's free basic assistance on LA freeways during rush hour

https://www.metro.net/projects/fsp/
Wow! That's awesome. Why do people in LA have AAA membership then?
by WannabeEarlyRetiree
Fri Nov 17, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for job, should I freeze my credit now?
Replies: 6
Views: 1115

Re: Looking for job, should I freeze my credit now?

I'm in a similar situation but I already froze my credit (looking for a job as well). Is a credit check usually part of a background check or are there too many variables to answer yes or no to such a question? I realize, upon doing a quick google search, this can vary by state law, but what I read...
by WannabeEarlyRetiree
Thu Nov 16, 2017 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for job, should I freeze my credit now?
Replies: 6
Views: 1115

Looking for job, should I freeze my credit now?

I know with the Equifax hack, I should freeze my credit. But I am looking for a new job right now, should I wait until I have a new job to freeze my credit?
by WannabeEarlyRetiree
Thu Sep 14, 2017 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning advice for young parents in Massachusetts
Replies: 33
Views: 3317

Re: Estate planning advice for young parents in Massachusetts

look into your work benefit to see if it provide simple legal aids. Most employers provide some sort of legal aids. Our employers provide free phone call legal aids but if we paid additional $10/pay check, attorney consultation for simple matters (such as estate planning, prenups, adoptions, etc) ar...
by WannabeEarlyRetiree
Sat Aug 12, 2017 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from LCOL to HCOL -> what do I need to take into account?
Replies: 6
Views: 1092

Re: Moving from LCOL to HCOL -> what do I need to take into account?

If you live near the coast (<4 miles from ocean), electricity and gas bill are likely to stay the same year round. We live near the ocean, we turned on AC for about 10days (at most) a year while most of my neighbors don't even have AC. If you prefer warmer indoor temperatures, you likely only needs ...
by WannabeEarlyRetiree
Sat Jul 15, 2017 1:04 pm
Forum: Personal Consumer Issues
Topic: Worker's compensation insurance
Replies: 15
Views: 1348

Re: Worker's compensation insurance

Thanks for all the advices. The company provides a copy of their liability insurance along with their proposals but the line for worker's compensation was not checked. Sounds like it is safer to go with a company with worker's compensation insurance. I think we'll see if other companies with all the...
by WannabeEarlyRetiree
Thu Jul 13, 2017 7:40 pm
Forum: Personal Consumer Issues
Topic: Worker's compensation insurance
Replies: 15
Views: 1348

Worker's compensation insurance

We got several bids for removing several small trees in our yard. All the companies have licenses, bonded, and have liability insurance. one company doesn't carry worker's compensation insurance but have all the other insurances. They gave the lowest bid and also have really good reviews online. Sho...
by WannabeEarlyRetiree
Tue May 30, 2017 1:17 am
Forum: Personal Consumer Issues
Topic: Buying parents home--how to navigate
Replies: 12
Views: 1913

Re: Buying parents home--how to navigate

I think it would be a great arrangements. But to make sure everyone is happy with the arrangement, write down how you guys want split the responsibility/ownership and have everyone sign off on it before start building.
by WannabeEarlyRetiree
Tue May 09, 2017 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Job choice
Replies: 18
Views: 2426

Re: Job choice

If you are considered children in near future, take the 40 hours/week job
by WannabeEarlyRetiree
Sat Apr 15, 2017 6:31 pm
Forum: Personal Consumer Issues
Topic: Home remodel / addition plans
Replies: 17
Views: 2685

Re: Home remodel / addition plans

Three things: 1) add a door to enter the kitchen from garage so when you have grocery, it is only a few short steps to bring them inside 2) for two people to cook at the same time, make sure your gas range/cooktop is at least 36" or bigger. Also I would move the range closer to the sink and fridge (...
by WannabeEarlyRetiree
Sat Apr 01, 2017 7:02 am
Forum: Personal Consumer Issues
Topic: Necessary to repair termite damaged woods?
Replies: 6
Views: 2089

Necessary to repair termite damaged woods?

My house was last inspected and treated 10 yeas ago when we bought the house. At that time, both dry wood termite and subterranean termite were found and both treatment were done. We just gotten four different quotes and the prices differs by $2,000, mostly due to cost for repairing previously termi...
by WannabeEarlyRetiree
Wed Feb 22, 2017 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on Time shares
Replies: 123
Views: 11455

Re: BH thoughts on Time shares

When I was a poor college student, I attended several of those. They are very good at selling the package but I was firm at keeping saying "no". I see it the same as sitting in couple hours of boring classes. Since I was poor, the rewards ($150-$300 worth of tickets to theme parks or shows) was wort...
by WannabeEarlyRetiree
Wed Feb 22, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on girlfriend debt/finances
Replies: 82
Views: 9584

Re: Need advice on girlfriend debt/finances

Fun doesn't have to cost money. If your priority is to reduce debt, even on minimum wage, you can focus on cutting back on all unnecessary expenses and for fun, only do things that are free (like hiking in parks, picnic, attend free summer concerts, etc) or only couple times a year. The important th...
by WannabeEarlyRetiree
Thu Feb 09, 2017 12:34 am
Forum: Personal Consumer Issues
Topic: Saved too much? What do you splurge on?
Replies: 90
Views: 11092

Re: Saved too much? What do you splurge on?

This is a very nice problem to have. I am not in my 70s yet So just couple suggestions: -best seats at concerts or shows you enjoy -large donation to something so they name it or a building after you -tip in $100 bills for excellent services just to see shock/surprise reactions -luxury bed and beddi...
by WannabeEarlyRetiree
Wed Feb 08, 2017 1:50 am
Forum: Personal Consumer Issues
Topic: Hardwood floors vs Wood Look Tile?
Replies: 68
Views: 13221

Re: Hardwood floors vs Wood Look Tile?

When we did major remodel, we put in wood grain tiles in the kitchen and bathrooms while hardwood floor throughout rest of the house. Look wise -amazing! Maintainence wise -pain in the ass!!! Both tiles and wood have very slight uneven texture. We bought the more expensive tiles so it looks and feel...
by WannabeEarlyRetiree
Sat Feb 04, 2017 12:52 pm
Forum: Personal Consumer Issues
Topic: online engineering degrees- waste?
Replies: 13
Views: 2110

Re: online engineering degrees- waste?

I graduated undergrad from a top 30 university 5 years ago. I am now doing my MBA at a local state university. I often kick myself for having not went the engineering route in undergrad. But what's done is done. I am currently in a manufacturing role that an ME degree would certainly not hurt me (n...
by WannabeEarlyRetiree
Fri Feb 03, 2017 1:57 pm
Forum: Investing - Theory, News & General
Topic: It appears Fiduciary changes may not happen after all.
Replies: 84
Views: 8244

Re: It appears Fiduciary changes may not happen after all.

Time to short the market and make lots of money like in the "The Big Short"
by WannabeEarlyRetiree
Thu Feb 02, 2017 2:11 am
Forum: Personal Finance (Not Investing)
Topic: Best way to maximize redemption of Chase Sapphire points?
Replies: 16
Views: 3460

Re: Best way to maximize redemption of Chase Sapphire points?

thanks everyone for the great tips. I'll spend rest of this months figure out what to do. :D
by WannabeEarlyRetiree
Mon Jan 30, 2017 2:26 am
Forum: Personal Finance (Not Investing)
Topic: Best way to maximize redemption of Chase Sapphire points?
Replies: 16
Views: 3460

Best way to maximize redemption of Chase Sapphire points?

Our Chase Sapphire card will be due for the annual membership fee in March. We got this card because we had high expenses early last year so we figured might as well get this card so we can get the sign up bonus and take a vacation with the point at the end of year, then cancelled the card before ha...
by WannabeEarlyRetiree
Sun Jan 29, 2017 2:05 am
Forum: Personal Consumer Issues
Topic: where to retire?
Replies: 63
Views: 7615

Re: where to retire?

I used to travel extensively and when it comes to weather, Southern California can't be beat. Consider you are not even going to be around for half a year, making friends and establish a supportive network in a new city will be difficult. The extra tax payment for staying in California is probably w...
by WannabeEarlyRetiree
Tue Jan 24, 2017 4:36 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage-Trust Question
Replies: 8
Views: 1416

Re: Mortgage-Trust Question

We did both and had no issues. When we set up our trust, we gave the lawyer a copy of our deed and he took care of everything. When we bought a new home, we told our loan broker and real estate agent ahead of time that we want everything (deed, mortgage, insurance) under the name of the trust. They ...
by WannabeEarlyRetiree
Thu Jan 12, 2017 3:56 am
Forum: Personal Consumer Issues
Topic: Miami -Florida Keys visit - Late January- Suggestions
Replies: 29
Views: 2629

Re: Miami -Florida Keys visit - Late January- Suggestions

As for place to stay, highly recommend DoubleTree by Hilton Grand Hotel Biscayne Bay. I think we got a junior suite when we stay there. The view was nice and since it is outside of Miami proper, it was easy for us to go check out the suburbs for yummy local food (like coconut groves, little Havana, ...
by WannabeEarlyRetiree
Thu Jan 12, 2017 3:49 am
Forum: Personal Consumer Issues
Topic: Miami -Florida Keys visit - Late January- Suggestions
Replies: 29
Views: 2629

Re: Miami -Florida Keys visit - Late January- Suggestions

The food in Miami is excellent. Just look up tripadvisor or Yelpfor where to go. But one place I highly recommend going is the Everglades. The amount of wild life you see there is amazing. It is the only place in America that you can see both alligator and crocodiles. There are also manatees. There ...
by WannabeEarlyRetiree
Sat Jan 07, 2017 5:38 am
Forum: Personal Consumer Issues
Topic: Help with my Bali/Singapore/Malaysia itinerary
Replies: 4
Views: 561

Re: Help with my Bali/Singapore/Malaysia itinerary

The time duration you've planned for each place is good. At Bali, book a private villa with outdoor shower, especially those with private pool, totally worth the money. Most of the island can be reach via taxi on a day trip so just stay in one location. even thought we went all over the island, when...
by WannabeEarlyRetiree
Fri Nov 25, 2016 2:18 am
Forum: Personal Consumer Issues
Topic: Do you use quick wash when using your dishwasher?
Replies: 29
Views: 7505

Re: Do you use quick wash when using your dishwasher?

We use quick washes when we need dishes in a few hours (like today, we ran the dishwasher after lunch so they'll be ready for the Thanskgiving dinner). The Express wash on our KitchenAid is an hour long compare to the usual normal or other options (all 2.5 hours or longer). Usually we run the dishwa...
by WannabeEarlyRetiree
Tue Nov 22, 2016 2:08 pm
Forum: Personal Consumer Issues
Topic: New gas range vents LOTS of heat into kitchen
Replies: 27
Views: 10645

Re: New gas range vents LOTS of heat into kitchen

Ditto pp. we also have a BlueStar. We also got a powerful range hood (our criteria was it has to be >800CFM so when we sear steaks over the stove, it still could suck up all the smoke). Whenever we use the oven, we turn on the hood on low. The house never gets warm due to the gas range (though that ...
by WannabeEarlyRetiree
Sun Nov 20, 2016 4:16 am
Forum: Personal Finance (Not Investing)
Topic: Getting Married Question [adjusting withholding]
Replies: 9
Views: 1357

Re: Getting Married Question [adjusting withholding]

Depends on your income. If both of you are high income, you'll end up paying more tax. This was a very unpleasant surprised after I got married. If your joint income is below that threshold and you get money back, then get legally marry sooner to get bigger refund is not a bad idea. As pp mentioned,...
by WannabeEarlyRetiree
Thu Nov 17, 2016 6:23 pm
Forum: Personal Consumer Issues
Topic: Anyone have experience with moving a house - literally
Replies: 13
Views: 1455

Re: Anyone have experience with moving a house - literally

There is a reality show call "Texas Flip and Move." They buy old houses for couple thousands, move it, remodel it, then sell it. From the show, it seem pretty cheap to move a house
by WannabeEarlyRetiree
Wed Oct 19, 2016 1:09 pm
Forum: Personal Consumer Issues
Topic: Wedding gift for my sister - amount?
Replies: 38
Views: 5890

Re: Wedding gift for my sister - amount?

whatever you feel comfortable. Both of us have good jobs and not in need of any money when we got married. Our registry had both small items (under $20) and expensive items ($100-$500). Some friends didn't get us anything while others are very generous; it is their presences at our wedding that matt...
by WannabeEarlyRetiree
Wed Oct 05, 2016 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Which one to do first, a Refinance or Remodel?
Replies: 10
Views: 940

Re: Which one to do first, a Refinance or Remodel?

Why not look into no cost refi then you can do both refi and remodel
by WannabeEarlyRetiree
Tue Sep 06, 2016 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: No cost at higher rate or closing cost at lower rate?
Replies: 9
Views: 1289

Re: No cost at higher rate or closing cost at lower rate?

I would also suggest shopping around for other no cost refinances. I have used nationalmortgagealliance.com 3 times no cost with no major problems. Thanks, I'll check that site out Make sure to go to the no cost link: http://www.nationalmortgagealliance.com/nocost The prices are not the same as the...
by WannabeEarlyRetiree
Sun Sep 04, 2016 2:10 am
Forum: Personal Finance (Not Investing)
Topic: No cost at higher rate or closing cost at lower rate?
Replies: 9
Views: 1289

Re: No cost at higher rate or closing cost at lower rate?

mikep wrote:I would also suggest shopping around for other no cost refinances. I have used nationalmortgagealliance.com 3 times no cost with no major problems.
Thanks, I'll check that site out
by WannabeEarlyRetiree
Fri Sep 02, 2016 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: No cost at higher rate or closing cost at lower rate?
Replies: 9
Views: 1289

Re: No cost at higher rate or closing cost at lower rate?

The closing cost includes other fee.

One of my concern with paying for closing cost is with our previous home, we refi almost every four years and Even though I think the rate now can't go any lower, I been proven wrong several times already.
by WannabeEarlyRetiree
Fri Sep 02, 2016 2:12 am
Forum: Personal Finance (Not Investing)
Topic: No cost at higher rate or closing cost at lower rate?
Replies: 9
Views: 1289

No cost at higher rate or closing cost at lower rate?

We bought a house this year and are only 4 months into our new loan. This is going to be our forever home so we got a 30 years fixed mortgage at 3.625% with a loan balance of $415k. Our broker just contacted us and told us if we want to refinance again, he can get get us a 30 years fixed loan at 3.2...