Search found 931 matches

by ram
Mon Jan 22, 2018 10:26 pm
Forum: Personal Consumer Issues
Topic: How much house can we afford (Madison WI area)?
Replies: 20
Views: 1357

Re: How much house can we afford (Madison WI area)?

I live in northern Wisconsin and know the areas you are talking about very well. Middleton is a nice area and in my opinion deserves the higher price. The likelihood of finding a newer house is higher in Middleton than in Madison. Avoiding a very old house if you are not handy is sensible. I like to...
by ram
Sun Jan 21, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: Medical Appointment Cancellation Policies/Fees
Replies: 36
Views: 1984

Re: Medical Appointment Cancellation Policies/Fees

A practice manager sees the issue as follows: -Patients seen in a half day = 10. -No show rate =10% (1 out of 10). Options to recoup the lost revenue from the no show: 1) No show fee. 2) Charge 11% more to the 9 patients that show up. (Increase the base rate) 3) Book 11 patients in a half day. Some ...
by ram
Sat Jan 20, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 113
Views: 7764

Re: How to Minimize Your Emergency Care Expenses

I wonder if hospitals start to see a rush towards the end of the financial year with so many high deductible plans. Yes. I am a physician in a specialty where some treatments are "elective". Patients decide which year they want to get it done based on whether they have met the deductible or not. Ou...
by ram
Fri Jan 19, 2018 11:18 pm
Forum: Personal Consumer Issues
Topic: Medical Appointment Cancellation Policies/Fees
Replies: 36
Views: 1984

Re: Medical Appointment Cancellation Policies/Fees

I am a specialist practicing in Wisconsin. 5 to 8 inches of snow is predicted on Monday. I expect many cancellations. We have as yet not instituted a last minute cancellation fee. My dentist charges a $25 no show/ <24 hr cancellation policy. Talking with the office manager is reasonable. Please avoi...
by ram
Sun Jan 14, 2018 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Are there any situations where you don’t max retirement opportunities?
Replies: 16
Views: 1986

Re: Are there any situations where you don’t max retirement opportunities?

In our family of 4 drivers we have been able to get away with 3 cars, a moped and 4 bicycles. However I live in a rural area and distances here are modest.
by ram
Sat Jan 13, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: 25 Year Old - Need help with picking 401k funds
Replies: 15
Views: 964

Re: 25 Year Old - Need help with picking 401k funds

The customer service rep chose the Target Date 2055 fund for me . -----Good enough. Actually pretty good. But I want to know from your guys whether its the right strategy. ---- Read the Wiki and give yourself 365 days to answer that question. You need to understand why you have chosen the strategy ...
by ram
Sat Jan 13, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Renting in NYC for a new college grad. Best practices?
Replies: 23
Views: 1903

Re: Renting in NYC for a new college grad. Best practices?

My daughter is renting in Boston and sharing a modest apartment in an old building with a room mate. Rent is about 36K/yr. It has an elevator. As a student she has zero income. I am the guarantor. I had to provide my SSN and sign some Email attachments. Did not have to move out of my chair.
by ram
Sat Jan 13, 2018 7:30 pm
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 68
Views: 3587

Re: Poll: BHs who rent - what % of gross do you spend on rent?

It was 25% when I was a medical resident and wife was SAHM. Later it was 3% of combined income when I was an attending physician and wife was a medical resident and we were living in an old house adjoining the medical complex. (subsidized by her employer). Our current house would rent for 6 to 8% of...
by ram
Sat Jan 13, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: Car recommendations needed for growing family
Replies: 34
Views: 1994

Re: Car recommendations needed for growing family

Ideal situation for one car to be a minivan. Recommend Honda odyssey or Toyota Sienna. I have Odyssey 2006 with 106 K miles. If you need SUVs then Toyota highlander or Honda Pilot. Other car can be a small car. Prius, Corolla, Civic. Never had any of these but Accord and Camrys are reasonable optio...
by ram
Sat Jan 13, 2018 3:24 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7807

Re: Heading for a top?

I haven't changed our AA in our retirement accounts, where we are currently 63/37, but I'm close to pulling the trigger in our college savings accounts, where we are 100/0. Assuming that there adequate additional funds (perhaps cash flow) outside of 529 accounts to pay college costs if market tanks...
by ram
Sun Jan 07, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: Car recommendations needed for growing family
Replies: 34
Views: 1994

Re: Car recommendations needed for growing family

Ideal situation for one car to be a minivan. Recommend Honda odyssey or Toyota Sienna. I have Odyssey 2006 with 106 K miles. If you need SUVs then Toyota highlander or Honda Pilot. Other car can be a small car. Prius, Corolla, Civic. Never had any of these but Accord and Camrys are reasonable option...
by ram
Sun Jan 07, 2018 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning for non-citizen
Replies: 15
Views: 702

Re: Estate planning for non-citizen

Thanks for the prompt reply.
by ram
Sun Jan 07, 2018 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: What strategy do you use to reduce sequence of returns risk in retirement?
Replies: 117
Views: 7345

Re: What strategy do you use to reduce sequence of returns risk in retirement?

Thanks dbr,
The <2% WR will only be during the phase of part time work.
But by 2030 we should be fine with a 3.5% WR till 70 yrs of age. At 70 the WR will go down further to about 3% and so SOR should not be a concern beyond 2030.
by ram
Sun Jan 07, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning for non-citizen
Replies: 15
Views: 702

Re: Estate planning for non-citizen

It won't matter unless one of you is worth more than $11.2 million. If that's the case you'll want someone who who regularly deals with estates over $11.2 million, and such a person will know how to draft the necessary provisions for noncitizen spouses. Bsteiner, I know you are very experienced and...
by ram
Sun Jan 07, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: What strategy do you use to reduce sequence of returns risk in retirement?
Replies: 117
Views: 7345

Re: What strategy do you use to reduce sequence of returns risk in retirement?

My wife and I are about 12 years away from complete retirement (about 2030). But in 6 years (2024) we anticipate that we would reach financial independence. Can working "part time" be considered a reasonable strategy to mitigate sequence of return (SOR) risk. For example if I work 50% from 2025 to 2...
by ram
Thu Jan 04, 2018 9:58 pm
Forum: Personal Consumer Issues
Topic: Airbnb - Guide a beginner
Replies: 28
Views: 2754

Re: Airbnb - Guide a beginner

My experience with Airbnb has been generally positive, but you have to be careful. The number one piece of advice I would give is...do not assume anything, especially when traveling abroad. Do not assume that there is air conditioning. If there is air conditioning, do not assume it is central air c...
by ram
Wed Jan 03, 2018 9:53 pm
Forum: Personal Consumer Issues
Topic: Kidde fire extinguisher recall
Replies: 58
Views: 5559

Re: Kidde fire extinguisher recall

i got my 2 replacements 1 wk ago
by ram
Mon Jan 01, 2018 9:21 pm
Forum: Investing - Theory, News & General
Topic: International stocks -- lose rebalancing benefit with total international index?
Replies: 14
Views: 1389

Re: International stocks -- lose rebalancing benefit with total international index?

Happy new year, Bogleheads! I just read Ferri's "All About Asset Allocation" book. Very well-written and informative. Here's the background for my question: on page 146, Ferri discusses international stocks as follows: Although buying an International index fund is "a convenient way to invest in de...
by ram
Mon Jan 01, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth in 2018. Has anything changed?
Replies: 14
Views: 3013

Backdoor Roth in 2018. Has anything changed?

It time for new contributions for backdoor Roth's. The savings which used to be upto 39.6% in the past will now be 'only' 37 or 35%. But other than that has anything changed?
by ram
Mon Jan 01, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 76
Views: 7068

Re: So, how was the year ? Gains made and Lessons learnt ?

16% returns.
Daughter got accepted to Harvard. Son started a new job that he likes. Wife cut back to 90% at her job. No complains.

Added: Just realized that today I completed 10 years as a registered Boglehead. :sharebeer
by ram
Fri Dec 29, 2017 10:17 pm
Forum: Personal Consumer Issues
Topic: How can new DAF holders support Bogleheads/ Financial literacy
Replies: 10
Views: 943

Re: How can new DAF holders support Bogleheads/ Financial literacy

Oicuryy wrote:
Fri Dec 29, 2017 9:59 pm
https://boglecenter.net/
Thanks. First donation ordered.
by ram
Fri Dec 29, 2017 9:49 pm
Forum: Personal Consumer Issues
Topic: How can new DAF holders support Bogleheads/ Financial literacy
Replies: 10
Views: 943

How can new DAF holders support Bogleheads/ Financial literacy

Over the last few days many Bogleheads including me have started new Donor Advised Fund accounts. Can people recommend organisations worthy of receiving support in the field of financial literacy. I believe that Fidelity charitable needs the organization to be 501 C- 3 tax exempt. I have sent person...
by ram
Thu Dec 28, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: 529 plan withdrawal question.
Replies: 10
Views: 840

Re: 529 plan withdrawal question.

Option B looks good to me. Archive a copy of each school's room and board figures from their official cost of attendance. If your actual room and board costs exceed the published costs, the published costs are the maximum you can count as qualified educational expenses. If your actual costs are les...
by ram
Thu Dec 28, 2017 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: 529 plan withdrawal question.
Replies: 10
Views: 840

Re: 529 plan withdrawal question.

The reason that TurboTax asks for the data on college expenses isn't for 529 but for the tax credits - which you likely aren't even eligible for. Save all your receipts in case you are audited - no need to put the info in TurboTax. As far as how much you can withdraw - the full sum of everything yo...
by ram
Thu Dec 28, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: 529 plan withdrawal question.
Replies: 10
Views: 840

Re: 529 plan withdrawal question.

B is the closest answer as long as the exam is a qualified educational expense per the irs instructions. There is no tax schedule where you list your qualified educational expenses, but make sure you make your own list and keep screenshots of your calculations in case the IRS sends you a letter. I’...
by ram
Thu Dec 28, 2017 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: 529 plan withdrawal question.
Replies: 10
Views: 840

Re: 529 plan withdrawal question.

I am not sure what you mean by "university documents." Do you mean you have a receipt for those amounts? A 1098-T? Or do you mean you that's what the school said was typical cost of attendance? I always use my actual receipts and cancelled checks because we pay less than what the cost of attendance...
by ram
Wed Dec 27, 2017 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: Delayed Back door roth quick help needed
Replies: 5
Views: 397

Re: Delayed Back door roth quick help needed

1.Conversion.
2. I would not withold tax.
2. Put pay tax on the $15 appreciation at tax filing time.
by ram
Tue Dec 26, 2017 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Availability of health care providers - how to factor this in a move?
Replies: 77
Views: 4042

Re: Availability of health care providers - how to factor this in a move?

I suspect that another problem with measuring healthcare on a grand scale is that the statistics are probably dominated by the quality of care available to those with the worst access. This is strictly a guess, but my guess is that "Iowa has good healthcare" probably has more to do with whether chi...
by ram
Tue Dec 26, 2017 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48956

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

Thanks to the posters who answered my AMT queries. I opened a DAF account yesterday and funded it today at Fidelity. Took 10 minutes on the internet and 3 minutes on the phone. I funded it from an existing taxable account at Fido. Used appreciated stock. Looks like Fido charitable is open half day o...
by ram
Mon Dec 25, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48956

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

I put together this graph of the MFJ tax brackets (green) versus AMT (blue, and the red segment is the exemption phase-out range) with a variable for your deduction (d). I hope I got the math right! https://www.desmos.com/calculator/csqqhwbjsf Looks like a standard deduction taker will never hit AM...
by ram
Mon Dec 25, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Availability of health care providers - how to factor this in a move?
Replies: 77
Views: 4042

Re: Availability of health care providers - how to factor this in a move?

I suspect that another problem with measuring healthcare on a grand scale is that the statistics are probably dominated by the quality of care available to those with the worst access. This is strictly a guess, but my guess is that "Iowa has good healthcare" probably has more to do with whether chi...
by ram
Mon Dec 25, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Availability of health care providers - how to factor this in a move?
Replies: 77
Views: 4042

Re: Availability of health care providers - how to factor this in a move?

The issue is not routine primary care, which I don’t expect to be different in a small community. In fact in some small communities you may get a better doctor. Just curious since you are a doc.I notice more and more on the lists of available docs that most are from overseas and have gone to medica...
by ram
Sun Dec 24, 2017 12:44 pm
Forum: Investing - Theory, News & General
Topic: Implications of tax bill on residential real estate (house prices)
Replies: 62
Views: 5703

Re: Implications of tax bill on residential real estate (house prices)

Perhaps there will be a bimodal shift. Houses in the lowest quartile by price may see some appreciation. The median house price in my small midwest town is 110K. Lets assume that the family living in it makes 36K/yr. ( House 3x of annual income). Many people at that income range will save a few thou...
by ram
Wed Dec 20, 2017 2:04 am
Forum: Personal Finance (Not Investing)
Topic: Availability of health care providers - how to factor this in a move?
Replies: 77
Views: 4042

Re: Availability of health care providers - how to factor this in a move?

The availability of health care in remote rural areas is likely to get worse. Health care is under pressure to reduce costs. It simply is cheaper to treat 3650 heart attacks/yr at a large hospital than 365 heart attacks/yr at 10 small hospitals. The ability and willingness to financially support sma...
by ram
Tue Dec 19, 2017 7:43 pm
Forum: Investing - Theory, News & General
Topic: [Why did my fund suddenly drop in value?]
Replies: 205
Views: 112490

Re: [Why did my fund suddenly drop in value?]

As Wakefield noted above it has reappeared within 24 hours.
by ram
Tue Dec 19, 2017 1:23 am
Forum: Personal Finance (Not Investing)
Topic: 529 plan withdrawal question.
Replies: 10
Views: 840

529 plan withdrawal question.

My daughter attended two different universities during calendar year 2018. The spring semester was at Univ of Wisconsin, Madison where living costs per university documents is about $16000/ year. Of note out of the 16000, 14 K is for food, rent etc and 2 K for an exam conducted by a third party. She...
by ram
Mon Dec 18, 2017 8:37 pm
Forum: Investing - Theory, News & General
Topic: [Why did my fund suddenly drop in value?]
Replies: 205
Views: 112490

Re: [Why did my fund suddenly drop in value?]

VWIAX (Wellesly admiral) "dropped" about 2% today. It is in my Roth with dividend to be reinvested. It should all show up in the next 2-3 days.
by ram
Sun Dec 17, 2017 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate taxes in 2017
Replies: 6
Views: 621

Re: Real Estate taxes in 2017

DM : Thanks. I do not have a mortgage.
by ram
Sun Dec 17, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Should job effect asset allocation
Replies: 3
Views: 325

Re: Should job effect asset allocation

Should a job affect AA: Yes. There are some professions where you start earning much later than average ( Medicine). There may be a decent possibility that you are able to retire earlier than the traditional age of 65/ 67. This means that your earning span may only be from age 32 to 57 (25 yrs). Com...
by ram
Sun Dec 17, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate taxes in 2017
Replies: 6
Views: 621

Real Estate taxes in 2017

My question is about tax laws as they exist today. I paid the annual real estate taxes in Jan 2017. Yesterday I received a real estate tax bill which needs to be paid by Jan 31, 2018. I plan to pay it before Dec 31. Thus I will have paid RE taxes for two years in this calendar year. (I have seen thi...
by ram
Sat Dec 16, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: Uber vs Ambulance - HUGE cost difference
Replies: 85
Views: 10825

Re: Uber vs Ambulance - HUGE cost difference

http://liveandletsfly.boardingarea.com/ ... one-costs/

American Airlines basic economy seat Vs Air force one : Huge cost difference.

The ambulance and Air Force one have additional capabilities beyond transportation.
by ram
Thu Dec 07, 2017 8:50 pm
Forum: Personal Consumer Issues
Topic: Work from Home Jobs
Replies: 21
Views: 2909

Re: Work from Home Jobs

I live in a small town with no public transit system. The city subsidizes the only taxi company. Shared taxi between any 2 points in the city is $4.50. Could a similar town be a long term solution for your family. In summers I use a bicycle or a scooter (Honda metropolitan gearless 50 cc) or walk to...
by ram
Thu Dec 07, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 5751

Re: What do Bogleheads say when they don't want to spend money?

Reading some of these replies: :shock: Do you people really speak to others like that? In what universe is "I do not have the budget for that." A response anyone would give or expect when asked about a $10 a month streaming service. When your waiter asks if you want a soda with your meal, Do you te...
by ram
Wed Dec 06, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 71
Views: 6734

Re: Dad Needs Help Buying Wedding Liquor

Scotch: OK for a party : Johnny Walker Red label. (I wont complain if anybody is giving me free Red Label) Better: Johnny Walker Black label. Cost $30/ 750 ml bottle. These are both blended scotchs. You do not necessarily need single malts for a Wedding party. But if you have a substantial budget a ...
by ram
Mon Dec 04, 2017 12:12 am
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10924

Re: Price of haircut?

Will do good wrote:
Thu Nov 30, 2017 10:08 pm
Wife does the cutting. Free!
Wife does it. NOT free. She tells me 10 things that i need to do while cutting the hair. :)
by ram
Sun Dec 03, 2017 3:36 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8736

Re: Growing Number of Electric Vehicles

My office has ~1,000 employees onsite and 4 EV chargers. It's going to be very interesting to see what happens over time when we have significantly more than 4-5 EV owners, assuming EV adoption accelerates as predicted. Especially in the dead of winter. I work at a hospital which has existed at the...
by ram
Sun Dec 03, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 9831

Re: Any retired boglehead doctors out there?

Yes. Surgeons can be part time. Many busy hospitals now have acute care surgeons. These are often shift type jobs with a group that feels confident enough in each other to do quite a bit of hand offs. Its a change from the traditional surgical model, but I think its here to stay. It provides quicke...
by ram
Sun Dec 03, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 9831

Re: Any retired boglehead doctors out there?

I know there are quite a few physician BHs on this board. Does anyone know any part time surgeon who is not working as a locum? I work for a healthcare group which covers about 50 clinics, 6 rural hospitals and one tertiary care hospital. At the smaller rural hospitals we expect 1:3 call, which mea...
by ram
Mon Nov 27, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 8898

Re: Can I afford a $1,400,000 house

Not recommended. Pay down the loans. Other houses will come along. Looks like one of you is a newly minted attending and the other in the last year of residency/fellowship. (At least you have compatible assets/liabilities and income projections). Live on 2x to 3x of your residency budgets for next 5...