Search found 33 matches

by pilot_error
Sun Apr 29, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: AF pilots and retention bonus, glad you stayed or happy you went?
Replies: 27
Views: 3637

Re: AF pilots and retention bonus, glad you stayed or happy you went?

How willing to accept a 365 deployment is the family? I view that as the real threat of taking the bonus. Money wise, bogelheads is the best place to get advice for this decision. Lifestyle wise and answering the "are you happy you stayed" question I recommend you read this. [http://www.flyingsquadr...
by pilot_error
Mon Apr 16, 2018 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: TSP Allocation
Replies: 14
Views: 1260

Re: TSP Allocation

Why the strong weight towards S fund instead of C? My allocation is almost identical but reverse.
by pilot_error
Sat Apr 14, 2018 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Military retirement +/- HSA?!
Replies: 5
Views: 323

Re: Military retirement +/- HSA?!

I don't think you are eligible for utilizing an HSA while on Tricare. No expert but check this out.

https://www.opm.gov/healthcare-insuranc ... sentation/
by pilot_error
Sat Mar 31, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 624
Views: 67127

Re: Picking College and College Scholarships

timmy wrote:
Sat Mar 31, 2018 7:50 am
All except one of the schools, each ask seems reasonable (to us at least) but still material.
What type of argument/ask do you make? Is it like, "You may not have heard, but I'm a national merit finalist now so I assume you will increase your scholarship offer?"
by pilot_error
Thu Mar 01, 2018 8:57 am
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 143
Views: 25197

Re: Where to buy a Vanguard hat? An Update and good news

I promised to be a good salesman spread their good name, so I also got their journal as a free (lunch :oops: ) gift.
https://mobile.twitter.com/Vanguard_Gro ... 04/photo/1

So to everyone here, I highly recommend Vanguards low cost index funds.
by pilot_error
Sun Feb 18, 2018 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Opted into the new military retirement system/BRS
Replies: 57
Views: 4772

Re: Opted into the new military retirement system/BRS

My Air Force finance office is telling me the match happened even though I can't see it in MyPay or TSP, and I signed up on the 2nd. Once again, here's to hoping.
by pilot_error
Fri Jan 26, 2018 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Opted into the new military retirement system/BRS
Replies: 57
Views: 4772

Re: Opted into the new military retirement system/BRS

Nords, I hope you are right. I exchanged some messages with DOD Financial Readiness on Facebook and they are not optimistic that any contributions will be matched in January as all Opt In/TSP actions are "effective 1 Feb." They are not a source document but it is a data point.
by pilot_error
Fri Jan 26, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Opted into the new military retirement system/BRS
Replies: 57
Views: 4772

Re: Opted into the new military retirement system/BRS

January LES is out and mine doesn't show any matching funds, does anyone else have an indication that their opt in worked? Typically, a change in January to TSP contributions would only be effective in February, so was I overly hopeful that the DOD wouldn't let system limitations deprive us of the f...
by pilot_error
Sun Jan 21, 2018 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Military Retirement BRS vs. Legacy
Replies: 7
Views: 701

Re: Military Retirement BRS vs. Legacy

My calculation also showed that the new system will get me access to more money at age 65 than the legacy 50%. For me it was a decision to maximize the funds in the worst case scenario, and not the typical maximize total funds period. I will almost certainly be leaving my children less money now tha...
by pilot_error
Sun Jan 14, 2018 11:32 pm
Forum: Personal Consumer Issues
Topic: Costco laminate flooring
Replies: 7
Views: 1703

Re: Costco laminate flooring

I put Harmonics luxury vinyl planks in two bathrooms and would recommend it as the cheap option that looks good, I find that the thicker laminate is more convincing as a quality floor in feel and acoustics. I was able to buy transitions at HomeDepot that matched the color I bought and thus avoid the...
by pilot_error
Thu Jan 11, 2018 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: 100% VTSAX (Vanguard Total Stock Mkt Idx Adm)??
Replies: 70
Views: 6403

Re: 100% VTSAX??

PFInterest wrote:
Thu Jan 11, 2018 8:56 pm
bikechuck wrote:
Thu Jan 11, 2018 8:54 pm
What in heaven's name is VTSAX?
Google
Wrong. That is goog, that it is bikechuck is pointing out the benefit to the whole forum when we use common names.
by pilot_error
Sun Jan 07, 2018 11:28 pm
Forum: Investing - Help with Personal Investments
Topic: Military Deployment Help—TSP Optimization
Replies: 17
Views: 1715

Re: Military Deployment Help—TSP Optimization

dharrythomas wrote:
Sun Jan 07, 2018 8:20 pm
unless the rules are changed.
The withdrawal rules law was signed in November 2017 so it should be a thing soon.
https://www.tsp.gov/whatsnew/Content/in ... drawalbill
by pilot_error
Sat Jan 06, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: CapOne Quicksilver vs. USAA card
Replies: 14
Views: 946

Re: CapOne Quicksilver vs. USAA card

I can vouch for USAA's 1.5% being a fully capable overseas card. I will say they have a very good "security fence" and will deny any purchases from countries you have not expressly identified via their very easy travel notification feature on their app. So if you never told USAA you are going to be ...
by pilot_error
Tue Jan 02, 2018 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Opted into the new military retirement system/BRS
Replies: 57
Views: 4772

Re: Opted into the new military retirement system/BRS

I don't have super reliable information but I'm under the impression that all government match will be in "traditional" dollars. So your money will be characterized as Roth up to 18.5 but the 5% match is above that as traditional. ...well that is how I hope it is happening.
by pilot_error
Sat Dec 30, 2017 1:20 pm
Forum: Investing - Theory, News & General
Topic: Could someone explain fees to me?
Replies: 10
Views: 1316

Re: Could someone explain fees to me?

This podcast is another way to have a third party explain fees at a high level for beginners to understand. Obviously not the best in all cases since it labels high fee account holders as stupid, but at least it is the podcast calling a spade a spade and not you. http://freakonomics.com/podcast/stup...
by pilot_error
Thu Dec 14, 2017 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Active Duty Military Bereavement Leave?
Replies: 16
Views: 2117

Re: Active Duty Military Bereavement Leave?

I missed my grandfather's funeral, it is very common. I'm sorry for your loss and hope you and your family can find ways to support each other through this difficult time. I hope that the incredulity you have to the complications of military obligation don't also complicate this time when family sup...
by pilot_error
Wed Nov 29, 2017 12:42 am
Forum: Investing - Help with Personal Investments
Topic: What 529 plan is recommended for California residents?
Replies: 15
Views: 3898

Re: What 529 plan is recommended for California residents?

There is no advantage to using California's plan. From my research it appears that California has a lower expense ratio for their Large Cap Index. Albeit the difference is approx .08% less when using California vs Nevada, and .11% saved over Utah. Can someone confirm I read things correctly when co...
by pilot_error
Sat Nov 25, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie Seeks Taxable Investment Account Help
Replies: 36
Views: 2346

Re: Newbie Seeks Taxable Investment Account Help

From what I've heard, my recommendation is start allocating money for a down payment to a Vanguard 3 fund portfolio. Based on the job security, I'd even use $10k of your emergency fund to start with an Admiral's share. I would also support the strategy that assets be allocated to long term higher ri...
by pilot_error
Sat Nov 25, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie Seeks Taxable Investment Account Help
Replies: 36
Views: 2346

Re: Newbie Seeks Taxable Investment Account Help

You are in a rare position to get 10% guaranteed for the next year. Research the savings deposit program at the following link and have your husband visit the finance office before the end of the month to set it up. https://www.dfas.mil/militarymembers/payentitlements/ And since his income is tax fr...
by pilot_error
Thu Nov 16, 2017 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: USAA Preferred Cash Rewards Visa Card
Replies: 4
Views: 677

Re: USAA Preferred Cash Rewards Visa Card

I'll add that my internet bill is automatically paid every month by this credit card, in case that is the type of auto bill pay you were interested in.

And can I just say I'm jealous of the chosen few who got the 2.5% reward card.
by pilot_error
Thu Nov 09, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: Palma, Malta, Sicily, or Spain for winter break?
Replies: 21
Views: 2120

Re: Palma, Malta, Sicily, or Spain for winter break?

I would suggest adding Split, Croatia to your list. Super cheap non-stop RyanAir flights. Also, I spent three months in Sicily in winter recently, don't let snow chains keep you away, that is a none issue. I am curious how you even discovered such a concern, what resources are you referencing in you...
by pilot_error
Sat Nov 04, 2017 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: 36k Career Starter Loan
Replies: 30
Views: 1826

Re: 36k Career Starter Loan

Take the loan. I assume you are already maxing R OTH, the challenge I didn't figure out in your position (a decade ago) was maxing TSP. If you truly wanted to max perform your finances, get your TSP started and divert a high percentage of your pay to max out the $18K ROTH TSP. That will take a few t...
by pilot_error
Wed Oct 18, 2017 6:43 am
Forum: Personal Consumer Issues
Topic: Why so many "reversed" pictures?
Replies: 14
Views: 2631

Re: Why so many "reversed" pictures?

I also think it has something to do with the culture of selfies. Some smartphones want to mimic a mirror when used in this manner and as such letters are reversed. My iPhone displays the picture reversed but saves it "normal" when it is taken... not that I take a lot of selfies
by pilot_error
Mon Jul 31, 2017 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: 529 or Mortgage
Replies: 38
Views: 3201

Re: 529 or Mortgage

rkhusky wrote:Max out retirement accounts (401K and IRA) before contributing to a 529 or paying down mortgage. If you can pay down mortgage in 9 years, why not go for 15 year and save on interest?
I'm curious too, why not save money on a 15 year mortgage if that is the plan?
by pilot_error
Sun Jul 30, 2017 2:53 am
Forum: Personal Finance (Not Investing)
Topic: Any pilots here? [as a career]
Replies: 38
Views: 5056

Re: Any pilots here? [as a career]

I don't recall all the details as I recall once he was through the Academy, he had other additional training, had pilots training, To add some detail, the Air Force Academy is a 4 year Bachelor's Degree program that has aviation extracurricular activities. All the pilot training is completed after ...
by pilot_error
Mon Mar 20, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: TSP, Roth IRAs, Conversion Advice mil member
Replies: 9
Views: 1188

Re: TSP, Roth IRAs, Conversion Advice mil member

Fishing50, seems obvious enough, thanks for the explanation.
by pilot_error
Sun Mar 19, 2017 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: TSP, Roth IRAs, Conversion Advice mil member
Replies: 9
Views: 1188

Re: TSP, Roth IRAs, Conversion Advice mil member

Fishing50, would you be willing to explain further why Roth is a better choice than traditional in this situation. From what I read it is a close call so I'm wondering if I am missing something. Thanks.
by pilot_error
Thu Mar 09, 2017 10:09 am
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 131
Views: 20743

Re: GEICO auto rates vs. USAA: too good to be true?

I'm currently serving active duty military and using USAA, my GEICO quote was $300 a year higher than USAA with the same coverage. Just thought I would add that data point to the list.
by pilot_error
Tue Dec 20, 2016 3:23 am
Forum: Personal Consumer Issues
Topic: managing flight risk [travel by plane]
Replies: 30
Views: 2546

Re: managing flight risk

I take it you are a medical doctor? How many car accident deaths have you personally seen? How many commercial airliner deaths?

I just listened to the "Bad Medicine" series on the Freakanomics podcast and it sounds like I'm a lot safer in my plane than in your doctor's office. :wink:
by pilot_error
Mon Dec 12, 2016 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Should I max my Roth TSP or invest?
Replies: 40
Views: 6738

Re: Should I max my Roth TSP or invest?

I dont get my printers in the mail until after Christmas leave Use the printer at work, and when the bros in your unit ask why you need to print something, show/tell/teach them about how they should be setting up Vanguard Roth IRAs too. I think your step 3) is overkill. No reason the Ally bank mone...
by pilot_error
Fri Nov 25, 2016 4:35 pm
Forum: Investing - Theory, News & General
Topic: What is your personal rate of inflation?
Replies: 35
Views: 5208

Re: What is your personal rate of inflation?

Bump in hopes more people with hard figures will post their values. I can only guesstimate after moving this year and increasing the size of our home, but I would say it has been a negligible change in expenses if not decrease. Gas, property insurance and food all down in cost. I would say craft bee...
by pilot_error
Tue Nov 08, 2016 11:24 am
Forum: Investing - Theory, News & General
Topic: House Price = 150 X Monthly Rent
Replies: 16
Views: 3551

Re: House Price = 150 X Monthly Rent

The 150x multiplier looks like it would apply to my home if mortgage rates were above 7%. With today's rates you can buy much more house and have it be cheaper than renting. For my Sacramento suburb I see a 200x multiplier being a better "decision point."(or not buy more house and save more) It is a...
by pilot_error
Sat Sep 17, 2016 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: A personal finance Income Planning Tool (IPT)
Replies: 11
Views: 2879

Re: A personal finance Income Planning Tool (IPT)

Well I'm intrigued, I will have to spend some time entering my data as this is very comprehensive. I have a personal tool I created but it only applies to me while you did a lot of work to make this applicable to as many users as possible. Can't wait to compare results!