Search found 87 matches

by adam61
Sun Jan 28, 2018 10:30 am
Forum: Personal Consumer Issues
Topic: Amica Increase
Replies: 59
Views: 6206

Re: Amica Increase

I had been with Amica several years and I saw a 25% increase for a renewal last month. Called, they said they had taken a lot of losses in South Texas and I was in the same pool (I live in north Texas), switched Apples to Apples for another company and saved 50%.
by adam61
Tue Jan 23, 2018 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Issue with 1099-INT from Capital One
Replies: 3
Views: 687

Issue with 1099-INT from Capital One

We utilized our EF to get the $400 bonus Capital One was offering earlier this year. The bonus was paid to both of us as promised, but then a system error caused them to pay another bonus (and take it back the same day) later in the year. This was no issue at the time, but now they've released their...
by adam61
Tue Jan 23, 2018 5:46 am
Forum: Investing - Help with Personal Investments
Topic: Just did annual rebalance, did I hit the mark?
Replies: 2
Views: 395

Just did annual rebalance, did I hit the mark?

I wish for a future where both our 401k/403b's have low cost options that approximate the market and I can just lazy portfolio it. However due to the below options I am stuck rebalancing 1-2 times a year regardless of market performance, because of the poor choices available. At least there are SOME...
by adam61
Tue Jan 23, 2018 4:51 am
Forum: Investing - Help with Personal Investments
Topic: Starting Taxable Investing
Replies: 8
Views: 1645

Re: Starting Taxable Investing

What method do you use to determine if money has a shorter than 5 year time horizon? I know I'll at least need a car which is say 25-30k OOP, if we decide to move closer to the city I would need enough to put 20% down on a house until ours sold and then could reinvest, but this could be an important...
by adam61
Mon Jan 22, 2018 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Starting Taxable Investing
Replies: 8
Views: 1645

Starting Taxable Investing

Last year was the first year I was able to hit all my tax sheltered goals, I also paid off the last of my debt. This has freed up large amounts of cash flow and allows me to invest $5k at least 3-5 times a year. M36/F40 Fed: 22% Tax Bracket (Maybe dip into 24% with the last few thousand) State: 0% T...
by adam61
Tue Jan 16, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Will/Estate question first child
Replies: 16
Views: 1141

Will/Estate question first child

Dealing with the death of an older family member (isn’t that always the case) as well as the birth of our first child has us needing to remake our will. We made one a couple years ago, but due to simplicity, and just naming executor and listing of accounts as well as percentage to family took an hou...
by adam61
Sat Dec 30, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Deluxe Sample File Question
Replies: 2
Views: 211

H&R Block Deluxe Sample File Question

I haven't used H&R Block's Deluxe Tax software before, but with the $10 price tag I snagged it and downloaded. I'm just curious will it let me do a fake filing to get a general idea of my refund and put in real numbers in Feb when I get them? I just want to make sure it doesn't start filling out sch...
by adam61
Thu Dec 28, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Upsizing Real Estate for Location/Ease
Replies: 14
Views: 1349

Re: Upsizing Real Estate for Location/Ease

Added the above to the original post, so it wasn't piecemeal throughout.
by adam61
Thu Dec 28, 2017 5:38 am
Forum: Personal Finance (Not Investing)
Topic: Upsizing Real Estate for Location/Ease
Replies: 14
Views: 1349

Re: Upsizing Real Estate for Location/Ease

Let me lay out a little more on our financial situation and what I feel the pros and cons are and maybe that gives a little more insight, Thanks again!! MFJ M36/F40 1 Child $175k Gross Income Both jobs fairly stable, but in today's world who knows, without job change we likely wouldn't move before r...
by adam61
Wed Dec 27, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Upsizing Real Estate for Location/Ease
Replies: 14
Views: 1349

Re: Upsizing Real Estate for Location/Ease

Yes I definitely think we can afford it and it's obviously a personal decision. But I get a little worried taking on debt again and having 35% of our net worth in our personal home over the 25% we have now. It's not a huge city so lot sizes and amenities would be similar it's more the being able to ...
by adam61
Wed Dec 27, 2017 6:41 am
Forum: Personal Finance (Not Investing)
Topic: Upsizing Real Estate for Location/Ease
Replies: 14
Views: 1349

Re: Upsizing Real Estate for Location/Ease

Please tell me what info would be helpful? It's basically a pro/con in convienence vs debt. But I am happy to provide any necessary data.
by adam61
Wed Dec 27, 2017 5:39 am
Forum: Personal Finance (Not Investing)
Topic: Upsizing Real Estate for Location/Ease
Replies: 14
Views: 1349

Upsizing Real Estate for Location/Ease

We recently paid off our mortgage so I'm hesitant to move, but my wife has been hinting (louder lately) that she'd like to live closer to work and nearer to friends and things to do. We live about 6 miles out of the city and can be there in 10-15 minutes, but this makes a big difference to her. The ...
by adam61
Wed Dec 27, 2017 5:23 am
Forum: Investing - Help with Personal Investments
Topic: Creating a Mid-Tier Emergency Fund
Replies: 21
Views: 2659

Re: Creating a Mid-Tier Emergency Fund

Thanks for the detailed reply. I'm interested in how to set up the 2nd and 3rd wall? I think I'm good for the 12-18 month window with Checking, some Savings (not 50k+), and the 150k HELOC 400k CC. Are i-Bonds not considered appropriate these days? The 11 month CD's seem limited in their gain over a ...
by adam61
Tue Dec 26, 2017 8:09 am
Forum: Investing - Help with Personal Investments
Topic: New 2018 529 Question
Replies: 8
Views: 1023

Re: New 2018 529 Question

Texas no deduction. Utilizing New York.
by adam61
Tue Dec 26, 2017 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Creating a Mid-Tier Emergency Fund
Replies: 21
Views: 2659

Creating a Mid-Tier Emergency Fund

After paying off debt last year and handling IVF treatments I've finally started to build up our emergency fund again. It's around 50k which would cover us for 12 months, I also have 150k HELOC which would cover another 3 years at WSJ+0.25%, as well as $400k in Credit Cards available balance if thin...
by adam61
Tue Dec 26, 2017 7:47 am
Forum: Investing - Help with Personal Investments
Topic: New 2018 529 Question
Replies: 8
Views: 1023

New 2018 529 Question

Obviously I had opened a 529 for our newborn and am adding about $300/month to it. Looking at the new options, I'm wondering is there any benefit to paying for private school with it unless it is over-funded? It feels like I'll put $1,000 in and take $1,000 out the next month with a time horizon tha...
by adam61
Mon Dec 25, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Tax Questions 2017 (Not all the crazy new stuff)
Replies: 16
Views: 1552

Re: Tax Questions 2017 (Not all the crazy new stuff)

The $3,000 are pre-tax and included in the line item "Medical/Dental premiums". The line item Medical expenses is the OOP portion exceeding the 7.5% threshold not including premiums or amounts paid with FSA, otherwise the figure would be MUCH larger, IVF costs are no joke :)
by adam61
Mon Dec 25, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Tax Questions 2017 (Not all the crazy new stuff)
Replies: 16
Views: 1552

Re: Tax Questions 2017 (Not all the crazy new stuff)

Yes the first 4 deduction items are straight off the paycheck. 401k/403b/FSA/Premiums. The rest are itemizations and the medical does not double include premiums and only includes the portion over 7.5%. This still doesn’t seem likely to get me to 110k if the Charity, medical expenses, preoperty tax,...
by adam61
Mon Dec 25, 2017 1:39 am
Forum: Personal Finance (Not Investing)
Topic: Tax Questions 2017 (Not all the crazy new stuff)
Replies: 16
Views: 1552

Tax Questions 2017 (Not all the crazy new stuff)

I just had my first child this week, very tired, but excited!! I normally use this time of year to make sure I'm maximizing my tax situation and preparing anything for year end. I had just a few questions especially with the changes next year and the new addition to the family. My biggest question i...
by adam61
Fri Nov 24, 2017 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Job Downsizing Question, HELP!
Replies: 18
Views: 1736

Re: Job Downsizing Question, HELP!

I apologize if I came off as ungreatful, that's not my intention. I'm trying to rationally look at it and make a decision that makes the most sense for me and my family. My plan is to leave within 6-12 months anyway, we had a child this year and the built up Vacation and benefits made it make more s...
by adam61
Thu Nov 23, 2017 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Job Downsizing Question, HELP!
Replies: 18
Views: 1736

Re: Job Downsizing Question, HELP!

No contract in place. They are acting like it's a favor that they are saving my job since I'm "such an asset" and no severance was offered. The severance is actually fairly decent though and I feel I'd come out ahead and with a better job if I could get the package. Obviously it's a risk though. Pay...
by adam61
Thu Nov 23, 2017 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Job Downsizing Question, HELP!
Replies: 18
Views: 1736

Job Downsizing Question, HELP!

This may be more appropriate for a legal forum, but I just wanted advice. I didn't plan to stay in my current career long-term, but basically starting in January they are restructuring my department laying some people off and changing some responsibilities. I am keeping my position with the same tit...
by adam61
Wed Nov 01, 2017 1:25 am
Forum: Personal Consumer Issues
Topic: Insurance Rates, Home and Car
Replies: 7
Views: 808

Insurance Rates, Home and Car

We are having a new baby so I've been examining some of our costs and these have REALLY skyrocketed in the last 5 years. When I compare to 5 years ago, same house, same vehicles same basic coverage although I went from 50/100k to 100/300k on Vehicle comprehensive, and this increased it about $70/6 m...
by adam61
Mon Sep 25, 2017 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Best Place to Start Taxable Investing? Same or Different than IRAs?
Replies: 6
Views: 804

Re: Best Place to Start Taxable Investing? Same or Different than IRAs?

Thanks for the replies. All I was asking with the second question was, is there a benefit to moving my vanguard ROTHs and IRAs to Fidelity to hit any threshold? Part 2 was if there was do I need to convert my current Vanguard Index fund holdings to ETF to facilitate the transfer? I planned to call F...
by adam61
Mon Sep 25, 2017 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Best Place to Start Taxable Investing? Same or Different than IRAs?
Replies: 6
Views: 804

Re: Best Place to Start Taxable Investing? Same or Different than IRAs?

Fidelity seems like a solid choice. 1) Would I need to open a separate account from my ESPP account? Right now it shows my ESPP account and then there's another account called Individual Brokerage: X######### this is where the money goes when I get it at the end of the quarter, I sell 100% after the...
by adam61
Mon Sep 25, 2017 1:24 am
Forum: Personal Finance (Not Investing)
Topic: Best Place to Start Taxable Investing? Same or Different than IRAs?
Replies: 6
Views: 804

Best Place to Start Taxable Investing? Same or Different than IRAs?

I have my Roth's and IRAs at Vanguard. I've also had good luck with Fidelity which manages both my 401k and SO 403b. I've read a bit, but am not real familiar with the other online brokerages. Just a few questions. 1) Is there a top 3 or best place to do my taxable account? I will mention on top of ...
by adam61
Thu Sep 21, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Having First Child a little later in life, Debt just paid, Help Us Check In
Replies: 14
Views: 1873

Re: Having First Child a little later in life, Debt just paid, Help Us Check In

The child is due in December so that is a new deduction this year. Income was also higher last year by about 20k and we lowered our contributions somewhat to save for IVF. It’s likely we’d be in the 25% this year, not sure I could reduce to 15%. I may Just fund the 529 with the gifts and not contrib...
by adam61
Thu Sep 21, 2017 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Having First Child a little later in life, Debt just paid, Help Us Check In
Replies: 14
Views: 1873

Re: Having First Child a little later in life, Debt just paid, Help Us Check In

Thanks for the assistance. I rebalanced to a few less funds and an 80/20 Stock/Bond allocation with 20% international stocks and a little less small/mid and a little more large-cap. Not huge changes, but I just hadn't looked in a couple years. See if this looks more appropriate or needs more large-c...
by adam61
Thu Sep 21, 2017 12:24 am
Forum: Investing - Help with Personal Investments
Topic: Having First Child a little later in life, Debt just paid, Help Us Check In
Replies: 14
Views: 1873

Having First Child a little later in life, Debt just paid, Help Us Check In

I've been a "Boglehead" for about the last 8-10 years and have used that and snowballing strategy to pay off all debt over the last 10 years, $10k in CC, $40k in student loans, 3 cars for $70k, and a $240k mortgage (just 2 months ago in fact), max all tax-advantaged accounts and start to build a nes...
by adam61
Thu Jul 06, 2017 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Those who max 401k
Replies: 55
Views: 8775

Re: Those who max 401k

Question regarding True-up. My plan matches 3% of annual contributions, but does it all at once on Feb 28th of the following year. So it doesn't really matter other than DCA considerations when I put my money in correct? My wife's matches on all 26 paychecks, and does not true-up, so I need to make ...
by adam61
Mon Jun 26, 2017 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP Question [Employee Stock Purchase Plan]
Replies: 13
Views: 1724

Re: ESPP Question [Employee Stock Purchase Plan]

It seems to just say selling before 2 years is a disqualifying disposition. Like I said if this is a no brainer I would be interested, but if there's a lot of risk for a fairly certain return this is my paycheck not my retirement income so I can't take that risk. It's a quarterly offering that takes...
by adam61
Mon Jun 26, 2017 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP Question [Employee Stock Purchase Plan]
Replies: 13
Views: 1724

ESPP Question [Employee Stock Purchase Plan]

My company recently increased the ESPP from 5% to 15% discount and 10% max contribution to 20%. At the lower discount and contribution I didn't bother, but from reading several posts and sites at 15% discount it's a huge no-brainer. However, I have a couple questions... 1) Can these ever be bad? I s...
by adam61
Mon Jun 26, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Question about RSUs
Replies: 4
Views: 630

Re: Question about RSUs

Thanks for your help I just like to laugh at corporate America sometimes. I re-read the agreement and death or the purchase of the company by a third-party are the only provisions I see that override the normal vesting schedule. Meaning barring it as a form of life insurance it's a delayed bonus, ta...
by adam61
Sun Jun 25, 2017 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Question about RSUs
Replies: 4
Views: 630

Question about RSUs

My company grants Restricted Stock Units annually with a price target and a 3 year vesting period after reaching that target to directors and above. I just had a couple questions, hopefully not too cynical... 1) My first one's were granted about 3.5 Years ago and will vest late this year. That's a t...
by adam61
Sat Jun 24, 2017 2:48 pm
Forum: Personal Consumer Issues
Topic: Cars my only weakness, make me feel bad!!
Replies: 32
Views: 3094

Re: Cars my only weakness, make me feel bad!!

Thanks for all the help and advice. I'm taking away as long as I stay within my means, don't effect other goals, and get a good price (The $53k was on an MSRP of $60,950 BTW with no financing or trade-in to mess with actual cost). I may look at decoupling my wife's car from mine as mentioned here an...
by adam61
Sat Jun 24, 2017 9:10 am
Forum: Personal Consumer Issues
Topic: Cars my only weakness, make me feel bad!!
Replies: 32
Views: 3094

Re: Cars my only weakness, make me feel bad!!

Sorry I didn't supply that info. It's a fairly LCOL area, no debt, and Gross Household income is $150-170k based on bonuses. I never adjust my 401k, ROTH, or 529 contributions to buy a vehicle, I also don't purchase unless I can do so with cash leaving at least 6 months or 15k in my emergency fund. ...
by adam61
Sat Jun 24, 2017 7:33 am
Forum: Personal Consumer Issues
Topic: Cars my only weakness, make me feel bad!!
Replies: 32
Views: 3094

Re: Cars my only weakness, make me feel bad!!

I go in looking for cars around 30-35k with decent ratings in safety, HP, and some features, and get sucked into MORE Horsepower, MORE features, MORE style, etc. I don't know what I would get now as I'm not actively looking, but I looked at several dealerships last time settled on test driving a ful...
by adam61
Sat Jun 24, 2017 5:46 am
Forum: Personal Consumer Issues
Topic: Cars my only weakness, make me feel bad!!
Replies: 32
Views: 3094

Cars my only weakness, make me feel bad!!

I follow most all bogleheads ideals to the letter. I max my 401k, my SO maxes hers, we both max our vanguard roths, and have an emergency fund of about $30k and a HELOC of $150k with no debt (just paid off house this year). I also do a 529 at $300 a month to help with college expenses. We have 1 chi...
by adam61
Sun May 21, 2017 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Keeping credit score up
Replies: 21
Views: 2786

Keeping credit score up

Paid off my mortgage last month which was the last of my installment debt. I know I can maintain a reasonable score using cc's monthly, but I've already seen it drop from 836 to 820. My understanding is after 5 or so years with no installment payments I can see an even bigger drop. My plan is to pay...
by adam61
Sat May 20, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: 529 question
Replies: 6
Views: 845

Re: 529 question

No state benefit. I live in Texas and would likely use another states plan.
by adam61
Sat May 20, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: 529 question
Replies: 6
Views: 845

529 question

We are having our first child and being older we will be focused on retirement as they are in college. I read the wiki and several guides, but they seem heavily skewed for or against. I'm in a state with no state taxes. The only ones that seem like a real solid deal are the basic prepaid tuition, bu...
by adam61
Thu Apr 13, 2017 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Any downside to a HELOC???
Replies: 7
Views: 1306

Any downside to a HELOC???

Paying off our house any time now and was considering a 100-120k 1st Lien HELOC. Draw period seems to last 10 years and in Texas there are no origination fees or closing costs or annual fees. The rate is variable at WSJ Prime -0.2%. Seems like a 0 cost option to have a large sum available if needed ...
by adam61
Wed Apr 05, 2017 9:41 pm
Forum: Personal Consumer Issues
Topic: Selling A Semi-Valuable Vehicle
Replies: 12
Views: 1756

Re: Selling A Semi-Valuable Vehicle

Thanks for the tips. To clarify from previous questions I have clear title. How lowball would the CarMax offer typically be since it seems safe and quick? Closest one is 130 miles Away so I don't want to waste my time if it's going to be silly.
by adam61
Tue Apr 04, 2017 8:18 pm
Forum: Personal Consumer Issues
Topic: Selling A Semi-Valuable Vehicle
Replies: 12
Views: 1756

Selling A Semi-Valuable Vehicle

I received a work promotion about 90 days ago which included a company car I pay a portion of and is allowed for personal travel. I've kept my other vehicle (my wife also has her own car) just in case, but this seems like a waste to have to keep insurance on it and allow it to depreciate further. I'...
by adam61
Fri Feb 17, 2017 11:40 pm
Forum: Personal Consumer Issues
Topic: Retaining Wall
Replies: 25
Views: 3238

Re: Retaining Wall

If I wanted to consult counsel how is the way to get one who specializes in that area to at least get something on paper that even if I do nothing now I get on paper how many failures we have had and get a better understanding of any limitations and his liability how do I do that? People always say ...
by adam61
Fri Feb 17, 2017 9:05 am
Forum: Personal Consumer Issues
Topic: Retaining Wall
Replies: 25
Views: 3238

Re: Retaining Wall

Thanks for all the advice I've started taking more copious notes, and texting instead of calling him so there's a paper trail. I also had a more direct conversation saying while I appreciated he kept correcting the issue at the time we've had 5 years and 5 issues, and I wanted to look to bring out a...
by adam61
Tue Feb 14, 2017 9:13 pm
Forum: Personal Consumer Issues
Topic: Retaining Wall
Replies: 25
Views: 3238

Re: Retaining Wall

The property is outside city limits and I don't believe he has a code to meet. He just has his general laborers build them its 4ft high by 60ft long. It's got 4x4s about 3ft into the ground with concrete originally Every 6ft now every 3ft.It has about 3 ft of dirt behind it then a 6ft privacy fence ...
by adam61
Tue Feb 14, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Retaining Wall
Replies: 25
Views: 3238

Retaining Wall

I built a new house about 5 years ago and had retaining wall issues since about a year in. it's about 4ft high with landscape timbers braced with 4x4s. It's washed out twice and they've added drains, refilled the dirt 3x, and it bowed badly so they doubled the 4x4's to give more support. The the sid...
by adam61
Tue Feb 14, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: ROTH IRA Viability Question
Replies: 1
Views: 253

ROTH IRA Viability Question

I know this has been asked before, but I can't find it in search or Wiki. I know Wiki suggests 401k up to match, then ROTH, then 401k up to max, then taxable leaving debt out. I've maxed 401k now, but I know ROTH's are a GREAT deal at the 0-15% brackets ok at 25% and there's some debate at 28%. At 3...
by adam61
Tue Sep 20, 2016 8:52 am
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 7445

Re: How I circumvented Chase's 5/24 rule

I'm not generally confrontational, but I also got around the 5/24 rule. I applied and was immediately declined due to being 7/24. I have $75,000 with chase in DDA/SAV and implied I was considering refinancing my $120k Mortgage and setting up an appointment with a broker to discuss rolling over my $7...