Search found 23 matches

by imareal1
Wed Oct 03, 2018 10:08 am
Forum: Personal Consumer Issues
Topic: Sometimes Medicare Advantage Plans can Increase Physician choice
Replies: 13
Views: 1039

Re: Sometimes Medicare Advantage Plans can Increase Physician choice

There are 2 main types of MA plans: coordinated care plans and private FFS (fee for service) In private FFS plans, you can refer yourself to any provider willing to accept Medicare patients. Then there's coordinated care plans which include HMOs, PPOs, and SNPs. The provider networks on these plans ...
by imareal1
Mon Aug 27, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Man...opening a savings account with Ally is an arduous process.
Replies: 32
Views: 3129

Re: Man...opening a savings account with Ally is an arduous process.

I had a mixed experience with opening an Ally savings account. Because of my living situation, I couldn't conveniently provide proof of address which they needed, so I ditched the effort for like 6 months. When I tried again, it was as simple as mentioned above, no problems.
by imareal1
Fri Jun 29, 2018 2:52 pm
Forum: Personal Consumer Issues
Topic: What are you learning or studying?
Replies: 99
Views: 7765

Re: What are you learning or studying?

25yo actuary here...Studying for my first FSA exam. It's on everything related to group and health insurance. Using online seminar. :sharebeer
by imareal1
Tue Jun 12, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 18452

Re: Top Shelf Liquor Overrated?

Anyone try Johnny Walker Red Label? It's absolutely disgusting.
by imareal1
Mon May 21, 2018 10:51 am
Forum: Local Chapters and Bogleheads Community
Topic: How did you fall in love with investing?
Replies: 49
Views: 3529

Re: How did you fall in love with investing?

I'm 25, and it's a very comforting feeling knowing I am in a great position to take advantage of compound interest.
by imareal1
Fri Apr 20, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 32158

Re: How old are you and how much do you save for retirement a year

25 y/o, 85k salary.

$12K in 401k
$5.5K in Roth IRA
_______________
$17.5k Total

Current retirement portfolio balance: 34k
by imareal1
Wed Apr 11, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: Need vacuum recomendations
Replies: 21
Views: 1854

Re: Need vacuum recomendations

Don't really post often but came across this thread and really wanted to point out how snobby it seems to endorse a thousand dollar vacuum when OP is looking for something in the $100-200 range. Buy the Toyota Camry but your vacuum better be a Bugatti.
by imareal1
Mon Feb 19, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Help understanding tax refunds
Replies: 4
Views: 417

Re: Help understanding tax refunds

You guys are right - I started working June 2016 so not the entire year. Thanks for the insight.
by imareal1
Mon Feb 19, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Help understanding tax refunds
Replies: 4
Views: 417

Help understanding tax refunds

Hi guys, I'm 24 yo. old working a salary job (W-2), who just filed taxes for the second time ever. I got a tax refund (~2400 total from federal and state) the first time but this time, I actually owed ~40 in federal tax (still getting a state tax refund amounting to ~400). So I guess my question is ...
by imareal1
Thu Feb 01, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Help understanding 'share class'
Replies: 4
Views: 464

Re: Help understanding 'share class'

Thanks guys, very helpful. Nice to know it's simply a better deal.
by imareal1
Wed Jan 31, 2018 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Help understanding 'share class'
Replies: 4
Views: 464

Help understanding 'share class'

Hi All, Recently, my employer's 401k has switched all of their Vanguard Target Retirement Funds to Vanguard Institutional Target Retirement Funds of the respective retirement age. Consequently, all of my 401k funds that was in a Vanguard TRF were exchanged into this Institutional fund. My company sa...
by imareal1
Fri Nov 03, 2017 1:02 pm
Forum: Personal Consumer Issues
Topic: $500 Windows Laptop
Replies: 43
Views: 5162

Re: $500 Windows Laptop

As others have said, I would highly recommend getting a computer with a SSD drive. I have made the switch around a year ago and I just have to say... there aren't many features you can get from a laptop that beats the experience of having your laptop ready for your log in password in less than 5 sec...
by imareal1
Mon Oct 23, 2017 12:29 pm
Forum: Personal Consumer Issues
Topic: what is your weekly workout routine?
Replies: 68
Views: 6242

Re: what is your weekly workout routine?

Age: 24 Gender: M Weight: 165 lbs Main lifts: deadlifts, squat, bench Do one of those each day plus associated accessory exercises - amounts to an hour a day for four days. Fourth day would be shoulders and arms. Monday-Thursday. No cardio. Proud to say I'm in the 1000 lb club which I think is impre...
by imareal1
Tue Sep 19, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 30462

Re: Calling out the not so rich bogleheads

I come from a lower income family and I never held a real job until I was 23. I am 24 now so I've been working just over a year. Before my current job, I did part-time work for living expenses and my bank account maybe broke $1,000 once. My first check at my current job was more than that. So I star...
by imareal1
Fri Jun 23, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: Actuary Career - Thoughts Please
Replies: 20
Views: 3639

Re: Actuary Career - Thoughts Please

I majored in Act Sci and have been working as an actuarial analyst for a year now in group health insurance. It is a challenging but rewarding career. If you're considering an actuarial career, just try to pass an exam. That will give you a feel of what it takes to be an actuary. If the first one pr...
by imareal1
Wed May 31, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: How to save for big ticket items?
Replies: 4
Views: 722

How to save for big ticket items?

What's the general strategy for saving for big ticket items like houses/cars? I just started my career (24 y.o.) and realize that after retirement savings (401k + IRA = ~24%) and living expenses, I don't have much left over for, let's say, savings for a car. I know one solution is to earn more, cut ...
by imareal1
Fri May 19, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 23185

Re: Why save so much for when you're old?

One final note. I would guarantee you if you polled all the people on this board 98% of them would tell you if they could go back and do one thing in their life to help with their retirement future savings most of them would say they wish they had started saving earlier. I'm happily one of the 2%. ...
by imareal1
Thu May 18, 2017 2:25 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 16692

Re: For those with $500k-$1m in investments...

onmyway33 wrote:In my pre-boglehead days I thought that I didn't want to lock up too much money into a "old age retirement fund" and thought that there was tremendous value in the flexibility of taxable investments :oops: :oops: .
This is my thought process now. What's wrong with this reasoning?
by imareal1
Thu May 11, 2017 11:17 am
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 23185

Re: Why save so much for when you're old?

I'm currently putting away 10% into my 401k and making monthly contributions to max out my Roth IRA - this comes out to putting away ~20% of my gross salary. If I wanted to save more (for the future in general), should I increase my 401k contribution or start putting away in a taxable account? In wh...
by imareal1
Tue May 09, 2017 10:57 am
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 23185

Re: Why save so much for when you're old?

Thanks for all the different perspectives. It was a really enjoyable read and I learned a lot. All these anecdotal experiences are quite enlightening. As someone has pointed out, my original question was more philosophical than mathematical. But yes, I agree compound interest alone is enough of a re...
by imareal1
Fri May 05, 2017 3:01 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 23185

Re: Why save so much for when you're old?

Thanks for all the feedback. It seems like my perspective of middle/old age life is grimmer than what it is in reality. It's great to hear that people are able to find a balance and I'm super glad I'm starting to save already. Cheers.
by imareal1
Fri May 05, 2017 2:28 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 23185

Re: Why save so much for when you're old?

I guess I just value the present a lot more than the future, especially since the future is not guaranteed, so saving for that period of time isn't appealing to me. I know...I'm the instant gratification kind of guy. In the back of my mind, I'm well aware of most of the reasons you guys are giving m...
by imareal1
Fri May 05, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 23185

Why save so much for when you're old?

Hi, I'm 24 yrs old and almost one year into my actuarial career (first real job). I expect to make good money in the future and have started investing since I was hired. My question is why is saving a lot for retirement so important? I get that we need money for when we're retired and no longer have...