Search found 24 matches

by saj
Fri Jul 14, 2017 4:35 am
Forum: Personal Finance (Not Investing)
Topic: When to max out 401k (Aspiring Early Retiree)
Replies: 89
Views: 5010

Re: When to max out 401k (Aspiring Early Retiree)

Great points, especially on finding housing deals. How many bedrooms and how many Sq. feet is your house? Sidebar: I have the same commute as you and enjoy educating myself with audible/podcast as well, which is what got me into investing Our house is 4 bed / 2 bath with ~1750 sq. ft. above ground....
by saj
Thu Jul 13, 2017 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: When to max out 401k (Aspiring Early Retiree)
Replies: 89
Views: 5010

Re: When to max out 401k (Aspiring Early Retiree)

I also live in the Boston-area. A lot of people say a good rule of thumb on a home purchase is 2x gross income. Those of us in HCOL areas might complain and say it is impossible, but even in these markets it's possible if you're willing to make sacrifices. My Wife and I are currently making $150kish...
by saj
Mon Jun 19, 2017 5:43 am
Forum: Investing - Help with Personal Investments
Topic: Investments for Mother, windfall
Replies: 9
Views: 1412

Re: Investments for Mother, windfall

Thank you for all of the feedback. I guess I am making things a bit more complicated than they need to be. We will proceed as follows: 1. Move the 401k/IRA assets into an appropriate AA (Target Retirement fund to keep it simple) 2. Windfall goes to 2x FDIC-insured accounts for 6-12 months 3. Have he...
by saj
Sun Jun 18, 2017 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Investments for Mother, windfall
Replies: 9
Views: 1412

Re: Investments for Mother, windfall

Thank you for the feedback. We are planning on keeping the money in the appropriate number of FDIC-insured accounts for at least 6 months. The plans that I outlined would happen afterwards. My comments on the income tax savings were based on the fact that she has no chance of retiring in a significa...
by saj
Sat Jun 17, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Investments for Mother, windfall
Replies: 9
Views: 1412

Investments for Mother, windfall

My father recently passed. Fortunately, he made sure that my Mother is taken care of. She will have a windfall of approximately $600,000 and his pension that is $5,500/month. She is not savvy to the investing world and I don't think that she really cares to learn much about it (beyond a basic unders...
by saj
Mon Jun 12, 2017 5:54 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford a 800k house in HCOL area (Boston area) ?
Replies: 42
Views: 4544

Re: Can we afford a 800k house in HCOL area (Boston area) ?

WHich town in new hampshire do you live in? What is your commute? The issue is in my field (software engineering) the bulk of the jobs are increasingly clustered Boston/Cambridge. Boston/Cambridge is out of commuting range for you most likely, so are other job hubs like Waltham. I live in Salem. We...
by saj
Sun Jun 11, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford a 800k house in HCOL area (Boston area) ?
Replies: 42
Views: 4544

Re: Can we afford a 800k house in HCOL area (Boston area) ?

Are suburbs an option? I work near the I-93/I-95 intersection and live just over the border in NH. We have similar incomes, but our house including renovation was only $290-300k. That was 4br/2ba, 2 car garage, ~1800 sq. ft. above ground on 1/4 acre. We had to put some sweat equity in, but the resul...
by saj
Wed May 10, 2017 4:53 am
Forum: Investing - Help with Personal Investments
Topic: Young professional planning for early semi-retirement
Replies: 34
Views: 4301

Re: Young professional planning for early semi-retirement

Everything is relative to expenses as others have mentioned. I don't know about your market, but in my field (IT/Software) the first few years of your career can result in a drastic salary growth if you do the right things. My first job was similar salary to yours and I've more than doubled it in ~3...
by saj
Wed Mar 22, 2017 5:20 am
Forum: Personal Consumer Issues
Topic: Anybody using the TERMINAL over the GUI in ubuntu?
Replies: 45
Views: 2934

Re: Anybody using the TERMINAL over the GUI in ubuntu?

I think Linux is the greatest waste of time in the history of computing, especially desktop Linux. At work, I almost entirely use a terminal, Emacs, and Chrome. The terminal use is dominated by Git, Java, and the Unix text commands (grep, sed, cut, sort, uniq, and their many, many lovely friends, p...
by saj
Wed Mar 22, 2017 5:18 am
Forum: Personal Consumer Issues
Topic: Anybody using the TERMINAL over the GUI in ubuntu?
Replies: 45
Views: 2934

Re: Anybody using the TERMINAL over the GUI in ubuntu?

Terminal is for servers. There are very, very few cases where a GUI is acceptable on a production server. I have yet find one. For a home user, GUI is where you'll be 90% of the time. There are text-based browsers, but you likely won't be using them. You can write documents in vim/emacs/nano, but yo...
by saj
Wed Mar 22, 2017 5:06 am
Forum: Forum Issues and Administration
Topic: Hacking Wordpress
Replies: 11
Views: 1801

Re: Hacking Wordpress

Echoing a lot of the other responses with a couple new things: - Have solid backups because even if you do everything right, you can be hacked. Also, patching has some risks associated with it if you take a bad update. - Patch early, patch often. This includes ANY and ALL software on the system - pa...
by saj
Sun Mar 12, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank Replacement
Replies: 65
Views: 5941

Re: Ally Bank Replacement

I recently opened an account at Alliant. They also have a 1% savings account. Opening an account with them was a much better experience than with Ally. Their website is above average and the phone app is good. They also have a 0.65% interest checking account. I typically don't keep a ton of money in...
by saj
Sat Mar 11, 2017 5:41 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard taxable experience in 2017
Replies: 6
Views: 919

Vanguard taxable experience in 2017

I've read old posts about issues with Vanguard and SpecId in taxable accounts. I currently use Vanguard for my 401k and Roth IRA. I want to start contributing to a taxable with any additional savings after maxing 401k/Roth IRAs. I like that Vanguard isn't publicly traded. The alternatives such as Sc...
by saj
Sat Feb 18, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: The russians are hacking me
Replies: 36
Views: 6276

Re: The russians are hacking me

Yours is not a bad approach either. The nature of my job taught me to never record anything on any device, or even on paper, if I really want it to be secure. Sure, I think the level of security required is important. My suggestion was for the average user who is simply protecting passwords to pers...
by saj
Sat Feb 18, 2017 8:23 am
Forum: Personal Consumer Issues
Topic: The russians are hacking me
Replies: 36
Views: 6276

Re: The russians are hacking me

I would never store my passwords on a device of any kind that has internet access. You are wise. The fact of the matter is that the average user who doesn't implement a password manager uses terrible passwords. Summer2016, Winter2017, the list goes on and on. Also, most non-cloud based solutions wi...
by saj
Sun Feb 12, 2017 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is 130k a good salary in IT?.
Replies: 40
Views: 6739

Re: Is 130k a good salary in IT?.

That would be a pretty good salary up here in Boston. I'm sure the money goes a lot further in Atlanta. As others suggested, you can check out various websites that have IT salary data. It might be possible, however, that there aren't many $200k jobs outside of management. In the Boston-area, I don'...
by saj
Sun Feb 12, 2017 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: IT salary
Replies: 4
Views: 1054

Re: Poll: IT salary

Salary: $105,000
On-call pay: ~$10,000
Stock: ~$40,000
Total: ~$155,000

Title: Equivalent of DevOps Engineer/Site Reliability Engineer
Years of experience: 3.25
Location: North of Boston

I have a potential promotion in the pipeline, so hopefully closer to $170,000 total comp. soon.
by saj
Mon Jan 23, 2017 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Improving my 2017 plan
Replies: 5
Views: 853

Re: Improving my 2017 plan

Thank you all for the feedback. I'll stick to the plan for 2017.
by saj
Sun Jan 22, 2017 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: Improving my 2017 plan
Replies: 5
Views: 853

Improving my 2017 plan

Emergency funds: ~6 months Debt: - Mortgage, $227k @ 3.75% - Student loans, $19k @ 6.5% - Car, $20k @ 0.9% Tax Filing Status: Married Tax Rate: 25/28% Federal (right on border currently and promotion coming in April), 5% State that I'm employed in, 5% dividend/interest in state of residence State o...
by saj
Wed Oct 07, 2015 5:39 am
Forum: Personal Finance (Not Investing)
Topic: Legal marriage before wedding for tax/benefits?
Replies: 55
Views: 4427

Re: Legal marriage before wedding for tax/benefits?

This will probably be the last response on my part to anything regarding this being a "sham". The logic of divorce to save money isn't relevant because the primary motivator behind us getting married is not money. I would be much better off financially by not getting married. Having a fami...
by saj
Mon Oct 05, 2015 5:56 am
Forum: Personal Finance (Not Investing)
Topic: Legal marriage before wedding for tax/benefits?
Replies: 55
Views: 4427

Re: Legal marriage before wedding for tax/benefits?

We've been together for 6 years in March. While there is an income disparity, the wealth disparity is in the reverse direction. She attended community college (no debt) and her parents are very generous. Neither of us feels that the prenup is necessary. Both the income and wealth disparity will narr...
by saj
Sun Oct 04, 2015 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Legal marriage before wedding for tax/benefits?
Replies: 55
Views: 4427

Re: Legal marriage before wedding for tax/benefits?

I wouldn't have a problem with an inexpensive wedding, but like most women, my fiance wants a wedding similar to the average cost (aka not cheap). My girlfriend is not otherwise a huge spender, so it is one expense I'll take the hit on.
by saj
Sun Oct 04, 2015 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Legal marriage before wedding for tax/benefits?
Replies: 55
Views: 4427

Re: Legal marriage before wedding for tax/benefits?

Thank you all for the feedback. A few thoughts about the other feedback: - The only financial aid she received were Stafford loans (subsidized and unsubidized, only took the subsidized). We would have to look into whether she could still get the subsidized loans with my income. Good catch on this! -...
by saj
Sun Oct 04, 2015 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Legal marriage before wedding for tax/benefits?
Replies: 55
Views: 4427

Legal marriage before wedding for tax/benefits?

I'm looking for a quick confirmation of what I've been thinking regarding getting legally married before the wedding. I'll try to keep this short: - Girlfriend is in school for a second degree and will be dropping from full-time to part-time/per diem - We are currently engaged and have set a date fo...