Search found 409 matches

by icefr
Mon Feb 08, 2016 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Should I Refinance? - 85% LTV, 30-Year Fixed, 5.5% to 15-year Fixed, 2.99%
Replies: 12
Views: 656

Re: Should I Refinance? - 85% LTV, 30-Year Fixed, 5.5% to 15-year Fixed, 2.99%

Am I missing something? Plus, I'd have a lot more invested in principal...and therefore more equity in my place. Yes, but if you plan to sell and move in a few years, that would make you need to have your purchase contingent upon the sale of your previous place or use a bridge loan. I would be refi...
by icefr
Sun Feb 07, 2016 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: small 457b for wife's job, not sure if she'll go back
Replies: 4
Views: 424

Re: small 457b for wife's job, not sure if she'll go back

Keep in mind that when you roll a 457 to an IRA, you lose the ability to withdraw from it with no penalty. How much is that worth to you?
by icefr
Sun Feb 07, 2016 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Mitigation / Employer Stock / TLH Advice
Replies: 7
Views: 484

Re: Tax Mitigation / Employer Stock / TLH Advice

Why did you guys pick Schwab? You have a great diversified portfolio of Vanguard funds (ignoring livesoft's comment), yet they're not at Vanguard. How much does it cost you to have this portfolio at Schwab instead of at Vanguard? I would be trying to move your Rollover IRAs into your current 401(k)s...
by icefr
Sun Feb 07, 2016 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Clueless college new grad 22 yo, 200k income looking to start saving
Replies: 143
Views: 11143

Re: Clueless college new grad 22 yo, 200k income looking to start saving

I've been reading this post and watching the dramatics unfold over the last several days. OP, what I want you to know is that the secret to wealth is: 1) Live below your means, while enjoying your life. 2) Invest your savings wisely. 3) Be tax efficient in your investing. 4) Repeat. My boyfriend and...
by icefr
Sun Feb 07, 2016 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Refinance? - 85% LTV, 30-Year Fixed, 5.5% to 15-year Fixed, 2.99%
Replies: 12
Views: 656

Re: Should I Refinance? - 85% LTV, 30-Year Fixed, 5.5% to 15-year Fixed, 2.99%

If you plan to sell in 3-5 years and want to use the condo value as part of your down payment, I would not be going for a 15 year fixed mortgage. I would pick a 25 year fixed mortgage to keep your amortization where it is and then setting aside savings outside of your mortgage. 5.5% seems high for a...
by icefr
Sun Feb 07, 2016 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Form 8889 question - Wife & I both have HSA
Replies: 6
Views: 271

Re: IRS Form 8889 question - Wife & I both have HSA

If your wife carries your son on her plan, then she has family coverage and you have single coverage. I think the maximum you can put into HSAs between the two of you is the family amount though.
by icefr
Tue Feb 02, 2016 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 319
Views: 30374

Re: Vanguard TurboTax - Not Available 2015?

You have got to be kidding! Just got things organized, then went to Vanguard to download my free TT 2015 edition, but could not find the link anywhere at Vanguad. So, I knew something had changed. Went here and that is when I discovered it is no longer free. Guess all good things have to come to an...
by icefr
Tue Feb 02, 2016 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: W4 Configuration for DINK's?
Replies: 14
Views: 649

Re: W4 Configuration for DINK's?

So now that tax time is here my wife and I are facing another year of owing the government a decent chunk of change: ~$3k. I suppose I shouldn't be complaining considering we're both doing fairly well in our careers and don't have any kids to be supporting yet. However, I want to make sure we're no...
by icefr
Wed Jan 27, 2016 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing a 2.75% Mortgage Rate?
Replies: 10
Views: 1699

Re: Refinancing a 2.75% Mortgage Rate?

Have you calculated what your rate would increase to when if it were to reset right now? I would consider refinancing into a 15 or 20 year when the rate resets, if you can get a lower interest rate than on your ARM and the payment is still fine. So long as the rates are less than what you could get ...
by icefr
Sat Jan 23, 2016 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Financial plan help - What to do next?
Replies: 3
Views: 461

Re: Financial plan help - What to do next?

I agree with retiredjg.

I would probably throw the $15k/month at your student loans and then they'd be gone in ~5 months. After that, I'd figure out how long you want to be paying on the mortgage, calculate how much you need to pay to get to that point, and then throw the rest in taxable.
by icefr
Tue Jan 19, 2016 2:37 am
Forum: Personal Consumer Issues
Topic: Cell service visiting Canada
Replies: 18
Views: 1425

Re: Cell service visiting Canada

jjface wrote:That cricket plan looks interesting with switching to the higher priced plan with Canada included for when she is there. Do you have to stay on the higher plan for a whole month or can you switch for just a couple of weeks?


You can switch plans at most two times per month, so one round trip swap.
by icefr
Sun Jan 17, 2016 11:10 pm
Forum: Personal Consumer Issues
Topic: Cell service visiting Canada
Replies: 18
Views: 1425

Re: Cell service visiting Canada

I switched to Cricket Wireless late last year due to frequent travel to Canada. I normally use the $35 plan and then switch to the $45 plan for the days I plan to be in Canada each month: https://www.cricketwireless.com/cell-phone-plans

It's been working well for me so far.
by icefr
Wed Jan 13, 2016 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Value in different 401k investments between subaccounts?
Replies: 2
Views: 219

Re: Value in different 401k investments between subaccounts?

I treated them like separate accounts myself. Of a ~$100k balance when I eventually rolled it over, the Roth portion was about 6%, the match part ~15% and the pre-tax part the rest. I used the S&P 500 index fund only in the Roth and match portions and then used S&P 500 index, international, ...
by icefr
Mon Jan 11, 2016 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 401k: How is the unvested portion calculated/tracked? Please help!
Replies: 4
Views: 245

Re: Vanguard 401k: How is the unvested portion calculated/tracked? Please help!

And you are right that my plan does not allow me to use specific source of money, which is also very unfortunate. Ideally, I would keep all unvested monies in a stable value fund and start investing them once they get vested, but that appears to be impossible for my situation. Why would you invest ...
by icefr
Wed Jan 06, 2016 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Excess Cash - Play Monopoly or Repay Debt?
Replies: 94
Views: 9275

Re: Excess Cash - Play Monopoly or Repay Debt?

Yes, I understand, and I've alluded to that myself in previous posts. That's why I wanted to treat them separately from the beginning and why I formed an LLC and transferred title to it prior to getting married (I realize that does not prevent comingling, but it was one step toward at least maintai...
by icefr
Tue Jan 05, 2016 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Excess Cash - Play Monopoly or Repay Debt?
Replies: 94
Views: 9275

Re: Excess Cash - Play Monopoly or Repay Debt?

Congrats! I still would use more funds than just rental income to pay down the mortgage to get a property debt free for added stability. I will keep nudging. Having one house paid off can have a significant stabilizing effect on your holdings in real estate. It is something to think about. I know i...
by icefr
Mon Jan 04, 2016 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Savings % Target 2016?
Replies: 168
Views: 8773

Re: Savings % Target 2016?

Goal is to save 70% of net income, which works out to about 50% of gross to savings, 25% of gross to taxes, and 25% of gross to spending.
by icefr
Mon Jan 04, 2016 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Best 2% Back VISA/MASTER Card
Replies: 51
Views: 4608

Re: Best 2% Back VISA/MASTER Card

I have the Fidelity 2% Amex and my plan is to just wait it out. It sounds like the old Fidelity Amex/Visa should automatically convert to the new Fidelity 2% Visa and I'll wait for that. I would do that too if I were you. It's a 2% auto-redeeming Visa with only a 1% FTF. Pretty reasonable basic card.
by icefr
Tue Dec 29, 2015 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Excess Cash - Play Monopoly or Repay Debt?
Replies: 94
Views: 9275

Re: Excess Cash - Play Monopoly or Repay Debt?

Congrats on getting rid of all that debt this year! You guys are in a great place to start 2016! I'm wishing I'd kept more cash on hand as I now want to go back to grad school and need to be patient while I save up money to do so. So much of my net worth is tied up in real estate and retirement like...
by icefr
Sat Dec 26, 2015 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage in retirement
Replies: 37
Views: 3730

Re: Mortgage in retirement

OP here: When I plug it into Flexible retirement planner, it comes out with a higher probability of success if I refi at retirement age vs. pay off the balance. 1. Pay off $300k at retirement age: 92% probability of success 2. Refi $300k loan at 4% at retirement age: 96% probability of success (big...
by icefr
Sat Dec 26, 2015 9:28 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct 2015
Replies: 34
Views: 3496

Re: TAX ACT 2015

Am I missing something here? I've never paid to use Tax Act before, and I'm over the free file income limit. I always e-file the federal for free (1040, itemized, schedule C) and use my state's web site to file the state return (but Tax Act lets you prepare the state for free, just no filing). The ...
by icefr
Sat Dec 26, 2015 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 319
Views: 30374

Re: Vanguard TurboTax - Not Available 2015?

Rob54keep wrote:You can check coupons at the below (under check warehouse coupons on their main page). My mistake...its only $10 and $15 off for Deluxe / Premier

http://www.costco.com/warehouse-coupon- ... ?langId=-1


Thank you! With the coupons then it looks like it'll be cheaper than Amazon.
by icefr
Wed Dec 23, 2015 8:27 am
Forum: Investing - Help with Personal Investments
Topic: DCA vs Extra Mortgage Payments
Replies: 38
Views: 2838

Re: DCA vs Extra Mortgage Payments

Did you run the number with assuming that you also maximize Mega backdoor Roth too? Just wondering if you did that analysis. Yup, this. I have a 5/1 ARM and was on track to have it paid off in about 4 years from purchase and then I came upon the Mega Backdoor Roth IRA and grad school. I've already ...
by icefr
Mon Dec 21, 2015 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Help with ESPP/RSU and Tax planning
Replies: 8
Views: 645

Re: Help with ESPP/RSU and Tax planning

Ah! I've used Schwab. So I think I went into a page about Grants and then clicked on a tax election for each individual grant. Also, IIRC some parts of Schwab are available 24/7, so you might want to at least try on a non-weekday if that is easier. Checked today with Schwab. Seems like my company d...
by icefr
Mon Dec 21, 2015 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Low Balance, <$2k HSA Investment Options?
Replies: 5
Views: 490

Re: Low Balance, <$2k HSA Investment Options?

I would consider just dumping it in a credit union with a reasonable interest rate: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=176270 I know you say you don't want to, but it is $2,000. Not worth losing sleep over. http://thefinancebuff.com/best-hsa-provider-for-investing-hsa-money.htm...
by icefr
Sun Dec 20, 2015 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Help with ESPP/RSU and Tax planning
Replies: 8
Views: 645

Re: Help with ESPP/RSU and Tax planning

@icefr: Our company uses Schwab (Equity Awards) for ESPP and RSUs. I could not find any link for "sell immediately" on their site. Will check with Schwab during weekdays about this. My thinking on CDs was that VBIRX may be marginally better returns and easier to manage (single fund, singl...
by icefr
Sun Dec 20, 2015 1:29 am
Forum: Investing - Help with Personal Investments
Topic: Help with ESPP/RSU and Tax planning
Replies: 8
Views: 645

Re: Help with ESPP/RSU and Tax planning

On trading windows: is there anyway to set the grants to "sell all immediately"? That's what I was able to do at my previous company and it was a great feature. You can usually only make that election during a trading window, but then it enables you to "sell" your shares as they ...
by icefr
Sun Dec 20, 2015 1:24 am
Forum: Personal Finance (Not Investing)
Topic: Selling ESPP stocks to fund Roth
Replies: 2
Views: 256

Re: Selling ESPP stocks to fund Roth

I would advise that you consider your plan for the shares that will be purchased going forward. I can sell my shares at any time and I usually choose to sell them within a day or two of the purchase and then to reallocate the money as per my savings goals. I would probably pull the trigger and just ...
by icefr
Fri Dec 18, 2015 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable invest vs. Mortgage w/cash on the sidelines
Replies: 9
Views: 911

Re: Taxable invest vs. Mortgage w/cash on the sidelines

Wow, congrats!!! :thumbsup

I would consider when you might want to move in the next few years, how much you would need for a down payment on a new place, how much mortgage you would take on, how you would handle the transition between the two places, etc.
by icefr
Fri Dec 18, 2015 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Moving post tax contributions to Rpth IRA--I am totally confused
Replies: 2
Views: 228

Re: Moving post tax contributions to Rpth IRA--I am totally confused

If you're still employed by the company associated with your 401(k), then you can usually do an in-service withdrawal of just the after-tax contributions and earnings. It sounds like you're no longer employed though, so you would need to withdraw all of it if you want to withdraw any of it. At which...
by icefr
Fri Dec 18, 2015 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Sales tax deduction 2015?
Replies: 9
Views: 830

Re: Sales tax deduction 2015?

In case anyone else is curious, it was made permanent this year: https://www.kitces.com/blog/congress-wi ... ary-rules/
by icefr
Mon Dec 14, 2015 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Retirement 2060
Replies: 12
Views: 600

Re: Vanguard Target Retirement 2060

The remaining $2k of the bonus I used to open a Vanguard Target Retirement 2060 Roth IRA. I plan on making monthly payments to it (~$300-$500) and I plan on maxing out for 2016 (and, hopefully, all years from here on out). Here are my questions: One thing to note is that you have until April 15th, ...
by icefr
Mon Dec 14, 2015 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: 32, just started 401k
Replies: 13
Views: 1663

Re: 32, just started 401k

For mega backdoor, my vanguard allows me to make after-tax contributions *from my paycheck* to my 401k in "after tax basic" and "after tax supplemental", in addition to Roth basic/supplemental options. Is that the same as the 401k plan "allowing non-roth after-tax contribut...
by icefr
Mon Dec 14, 2015 4:08 pm
Forum: Personal Consumer Issues
Topic: Bose SoundTouch 10 vs Sonos Play:1
Replies: 26
Views: 2547

Re: Bose SoundTouch 10 vs Sonos Play:1

I'm looking for a simple product that can play media wirelessly. It would help to better understand your specific requirements. Any of a number of solutions can play media wirelessly. However, how do you specifically need to connect? You mention Bluetooth as a pro and lack of line in as a con. Do y...
by icefr
Mon Dec 07, 2015 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Help decide what to do with extra one-time income
Replies: 13
Views: 722

Re: Help decide what to do with extra one-time income

If it were me, I would probably take this amount and pay off my mortgage, open a DAF with 5 years worth of contributions, and then invest the remainder in my taxable account. Thanks for the advice - this is very helpful. What do people normally feel about paying off mortgages early? I have a 3.75% ...
by icefr
Mon Dec 07, 2015 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Help decide what to do with extra one-time income
Replies: 13
Views: 722

Re: Help decide what to do with extra one-time income

If you make regular charitable contributions, you could donate it to a DAF this year, and then make your charitable contributions from the DAF over the next several years. To make it even better, if you have appreciated shares (long term cap gains), you could donate those to the DAF and repurchase ...
by icefr
Fri Dec 04, 2015 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Would you sell Index funds to pay cash for house?
Replies: 56
Views: 3382

Re: Would you sell Index funds to pay cash for house?

If I had an opportunity to not take out a mortgage when I bought my place, I absolutely would have done that at the expense of having less in investments.
by icefr
Thu Dec 03, 2015 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Sales tax deduction 2015?
Replies: 9
Views: 830

Sales tax deduction 2015?

Anyone know if the sales tax deduction will be allowed in 2015 again? I can't find anything on this on the internet and I know they'd considered taking it away for 2014.
by icefr
Wed Dec 02, 2015 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Capital says I'm way off track..what do you think?
Replies: 46
Views: 4540

Re: Personal Capital says I'm way off track..what do you think?

I don't like the Personal Capital software for investments and they kept calling me. I prefer to just input my outside investments manually to the Vanguard website.
by icefr
Wed Dec 02, 2015 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Starting new job Dec 2015 - Make up for too little withholding this year?
Replies: 5
Views: 385

Re: Starting new job Dec 2015 - Make up for too little withholding this year?

1) Yes, if the form can go through in them.
2) Yes.
3) Yes. If you're $3k short, I would have an extra $3,000 withheld over the course of your December pay periods, if you make enough to do that.
4) You could - I've never done that since adjusting on the W-4 is easy enough.
by icefr
Wed Nov 25, 2015 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with large "bonus"
Replies: 16
Views: 2274

Re: What to do with large "bonus"

I don't know anything about practice loans. Barring that, I like the Roth IRAs first approach, but then I would probably pay off the auto loans last since they're the lowest interest. I would pay off the student loans first. You could wipe out your wife's student loans and then pay off another chunk...
by icefr
Wed Nov 25, 2015 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: After-tax 401k rollover (mega backdoor Roth conversion?)
Replies: 2
Views: 388

Re: After-tax 401k rollover (mega backdoor Roth conversion?)

I am in a similar situation. My Roth IRA and my taxable investment accounts are at Vanguard. My 401(k) is at Fidelity; I have access to pre-tax, Roth, and after-tax contributions; I can do a conversion within my plan; I have access to great investment options. I ended up deciding to roll it over to ...
by icefr
Tue Nov 10, 2015 10:56 am
Forum: Personal Finance (Not Investing)
Topic: When To Justify Expensive Wants?
Replies: 79
Views: 6403

Re: When To Justify Expensive Wants?

I don't think that any of us can really tell you when you can afford your expensive wants. I find that my parents tend to pressure me into spending on things I don't want but they think I should want. Your income is high enough that you can afford most things you really want, but you still have to d...
by icefr
Mon Nov 09, 2015 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Time to buy my way out of jumbo mortgage?
Replies: 7
Views: 1103

Re: Time to buy my way out of jumbo mortgage?

+1 for Option C from Watty: I would add another option C which would be to keep the current loan but to pay it down by the $140K. Your monthly payments would not be reduced right away but by the time the rate unlocks in 7 years your remaining balance will be a lot lower. I would start with Option C ...
by icefr
Thu Nov 05, 2015 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 322
Views: 84388

Re: The Mega Backdoor Roth IRA

Providing of course that you have enough after tax money to do so - does everyone who does the megabackdoor Roth front load it when the new year starts? Seems like it would be less hassle to just divert all income (outside of the match) into after-tax right away. Less transfers, won't lose out if j...
by icefr
Wed Nov 04, 2015 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: To Roth or not to Roth my 401k
Replies: 5
Views: 677

Re: To Roth or not to Roth my 401k

Seems like a reasonable plan to me. The general suggestion is to Roth if you think your income will go up in the future and you know it will.
by icefr
Wed Nov 04, 2015 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Can I contribute to Roth IRA this year?
Replies: 8
Views: 1121

Re: Can I contribute to Roth IRA this year?

I vote for waiting for the 1099 because I know that while employed, my RSU vests show up on my W-2, which means they are earned income.
by icefr
Wed Oct 28, 2015 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Where to Invest $200k
Replies: 17
Views: 1564

Re: Where to Invest $200k

The only debt I/we have is $90k on an apartment mortgage (not paying it off because hubby doesnt want to put in his share of it in). However this seems troubling. I'm from the Midwest so maybe I'm old fashioned, but unless you plan on a divorce what difference does it make where the money "com...
by icefr
Wed Oct 28, 2015 11:07 am
Forum: Personal Finance (Not Investing)
Topic: HSA account with small balance
Replies: 2
Views: 316

Re: HSA account with small balance

You're going to have to pay fees to invest anywhere, so you're probably best off leaving your HSA where it is until you don't have to pay fees to invest it somewhere else.
by icefr
Wed Oct 28, 2015 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Where to Invest $200k
Replies: 17
Views: 1564

Re: Where to Invest $200k

The only debt I/we have is $90k on an apartment mortgage (not paying it off because hubby doesnt want to put in his share of it in). However this seems troubling. I'm from the Midwest so maybe I'm old fashioned, but unless you plan on a divorce what difference does it make where the money "com...

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