Search found 71 matches

by soccerrules
Thu Sep 21, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: Vehicle Maintenance App
Replies: 14
Views: 868

Re: Vehicle Maintenance App

I have used Auto Care for the last 3-4 years. It is FREE and easy I track service expenses per car and then set reminders for Tire Rotations (6K) and Oil Changes.You can track gas/mileage if you want.(i don't) It basically helps we stay on the basic costs but then look back and see how much a spent ...
by soccerrules
Wed Sep 20, 2017 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance Help
Replies: 6
Views: 291

Re: Life Insurance Help

the reason to have insurance (life or disability) is to replace your earnings for those that count on you. Since your kids are adults now that need is limited to mainly college, your mortgage and covering current living expenses that your spouse could not cover with her/his income alone. Ideally pro...
by soccerrules
Wed Sep 20, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: What say ye... 60/40 or 65/35?
Replies: 17
Views: 1604

Re: What say ye... 60/40 or 65/35?

Hyperborea wrote:
Wed Sep 20, 2017 12:49 pm
Emergency funds aren't your investments. They are a fixed pool of reasonably liquid money for emergencies. You won't be using it to rebalance with if your equities go down, will you?
Hyper-- good point, I would not. I might use my EF to fund an IRA contribution and then replace.
by soccerrules
Wed Sep 20, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: What say ye... 60/40 or 65/35?
Replies: 17
Views: 1604

What say ye... 60/40 or 65/35?

I am sure this has been covered before, but I could not find it easily when I tried a few searches. Do you include your Emergency Fund into your AA ? (that is the question) Without including EF monies (65/35 or 66/34 currently) 54% US Stock 12% Int Stock 34% US Bonds. including EF we are (60/40 or 6...
by soccerrules
Mon Sep 18, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: To apply for new position or not?
Replies: 6
Views: 552

Re: To apply for new position or not?

1) Set individual meetings with your boss and separately with your director. (1v1 or take them to lunch). Discuss the last time you interviewed and the other directors feedback. Ask for their feedback from the series of events. 2) Tell them both you value their feedback and want to continue to impro...
by soccerrules
Mon Sep 18, 2017 11:09 am
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 275
Views: 23013

Re: Name something you had to have and now you regret purchasing it?

StoneyJB wrote:
Wed Sep 06, 2017 3:25 pm
Classic Mercedes 300E... Great Ride, Wife Loved it but Maintenance costs KILLED me...
MB E350 - have enjoyed the car and the smooth ride, but $1000 every time it's in the shop. Should have bought a Camry.
by soccerrules
Mon Sep 18, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Worth buying an excessive priced house?
Replies: 43
Views: 3761

Re: Worth buying an excessive house?

POOL ("money pit" as one of my neighbors puts it)

Actually it is hole in the ground you pour money in to.

Put one in 16 years ago when the kids where 6,3, and almost born. Have loved it for the most part, but now it is a really big fountain with a hot tub attached.
by soccerrules
Mon Sep 18, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Pocket money allowance for college student
Replies: 48
Views: 2453

Re: Pocket money allowance for college student

We paid for Tuition, Room and Board. For the most part the extra curricular stuff they use money they had saved from summer jobs or christmas/birthday money. Oldest did not work during college and middle is not working or planning to work this soph year. Like another poster mentioned -- poor college...
by soccerrules
Fri Sep 15, 2017 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 163
Views: 13745

Re: Let's talk about your FI # and family income

maybe a poll of options would have been better. It is easy for people to get off topic. I am making the assumption that most BH's (if not all) will agree that focusing you FI# off of your expected expenses is the correct calculation. I believe the thread was started as a fun consideration to look at...
by soccerrules
Fri Sep 15, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 163
Views: 13745

Re: Let's talk about your FI # and family income

Household income: $200k
Target Portfolio value for FI: $2.5m
by soccerrules
Wed Sep 13, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: How much should a part-time RN make in Denver?
Replies: 9
Views: 1070

Re: How much should a part-time RN make in Denver?

Soulrider. It seems like your best bet is to contact a few locum tenens / travel firms and find out what the pay is for temporary assignments. Connecting with a few recruiters can provide you with the information you will need. how locum tenens/travel/ prn works Pay rate benefits (if available throu...
by soccerrules
Wed Sep 13, 2017 1:17 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 350
Views: 38809

Re: Flaunt Your High-Mileage Car

PaulF wrote:
Thu Sep 07, 2017 8:16 pm
soccerrules wrote:
Thu Sep 07, 2017 2:47 pm
05 GMC Yukon XL 199K miles-- First car I've kept that will reach 200K
Oh, Jeez, now you have jinxed it! :D
Paul -
I did think about that as I typed my post. 199,400 as of this morning. I do say a little prayer when I drive it each day.
by soccerrules
Wed Sep 13, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Asset Mix Illustration [what is short term reserve?]
Replies: 4
Views: 600

Re: Vanguard Asset Mix Illustration [what is short term reserve?]

bucci-. Is there a settlement period before your trades/exchanges become final ?-- then your graph will update. (especially if you sold funds and then bought VG 2065, and had money in cash/settlement account) Or are you looking at the Target Allocation that might be a default that you would need to ...
by soccerrules
Thu Sep 07, 2017 2:47 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 350
Views: 38809

Re: Flaunt Your High-Mileage Car

05 GMC Yukon XL 199K miles-- First car I've kept that will reach 200K
by soccerrules
Wed Sep 06, 2017 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Considering this HSA strategy
Replies: 17
Views: 2081

Re: Considering this HSA strategy

Here is my thought based on reading other comments. I am older than you and am planning to retire in 7-10 years. This is my first access to an HSA. I have used FSA's in the past (use or lose). I plan to put as much in the HSA as possible and build the account up to help bridge the costs of healthcar...
by soccerrules
Fri Sep 01, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Facing a setback
Replies: 19
Views: 2050

Re: Facing a setback

Don't feel bad about using the money you have saved for this purpose. Where would you be if you did not have the savings ? I have owned a couple of Volvo's. They are just expensive cars to repair in comparison to US cars. Just about every time I put "it" into the shop it's $1000. I would definitely...
by soccerrules
Fri Sep 01, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Facing a setback
Replies: 19
Views: 2050

Re: Facing a setback

Don't feel bad about using the money you have saved for this purpose. Where would you be if you did not have the savings ? I have owned a couple of Volvo's. They are just expensive cars to repair in comparison to US cars. Just about every time I put "it" into the shop it's $1000. I would definitely ...
by soccerrules
Wed Aug 30, 2017 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Sale situation - Input Needed
Replies: 11
Views: 745

Re: Real Estate Sale situation - Input Needed

Thanks again for additional input.
I had in my mind about 6 months ago that if we got $3000 net out of the transaction for an "as is" property, would be a win.
by soccerrules
Wed Aug 30, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Sale situation - Input Needed
Replies: 11
Views: 745

Re: Real Estate Sale situation - Input Needed

Thanks everyone for the replies thus far. I will take these into consideration. A couple of follow-up comments. 1) The property is probably about 1/4 of an acre at most with a run down 1000sq ft work shop/garage structure (with slab) filled with leftover stuff from their parents house they sold 15+ ...
by soccerrules
Wed Aug 30, 2017 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Sale situation - Input Needed
Replies: 11
Views: 745

Real Estate Sale situation - Input Needed

My dad is 79. He and his brother who passed about 6 months ago inherited a small piece of property in Texas from their parents about 20 years ago. The deed records for the sale of this property (circa 1978) to their parents, is very vague and unclear on the dimensions of the property because part of...
by soccerrules
Thu Aug 17, 2017 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or am I stuck
Replies: 13
Views: 594

Re: Backdoor Roth or am I stuck

DSI- Thanks for the input. This may be the only year our MAGI is below the MFJ $186K threshold to contribute directly to a Roth IRA. Yes both of our 401k/403B's are traditional employer plans. If your employee salary deferral contributions to your 401k are only 6K, you have 18K of contribution room...
by soccerrules
Thu Aug 17, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or am I stuck
Replies: 13
Views: 594

Re: Backdoor Roth or am I stuck

Lou and David - thanks for the input.
by soccerrules
Thu Aug 17, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or am I stuck
Replies: 13
Views: 594

Re: Backdoor Roth or am I stuck

If I wanted to do non-deductible IRA contributions now between 52-60 and then convert to Roth via backdoor, what impact does my current situation pose ? Gross Income is $200K If Gross income is 200K and you're maxing out Traditional 401k/403b contributions you may not need to use the backdoor into ...
by soccerrules
Thu Aug 17, 2017 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or am I stuck
Replies: 13
Views: 594

Re: Backdoor Roth or am I stuck

I think you have confused some similar sounding moves. A backdoor Roth is when you are above the Roth income threshold (to do a front door Roth IRA contribution); you contribute to a nondeductible trad IRA and convert it to Roth. Best done when you have no traditional IRA balances due to the pro-ra...
by soccerrules
Thu Aug 17, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or am I stuck
Replies: 13
Views: 594

Re: Backdoor Roth or am I stuck

I think you may be confused as to terminology. You can certainly do Roth conversions between 60 to 70 y.o., and pay taxes on almost the entire amount converted at whatever your tax rate is at that time. They wouldn't be "backdoor" Roth conversions. yes, sorry. So I should be clear if at 60 I am ret...
by soccerrules
Thu Aug 17, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or am I stuck
Replies: 13
Views: 594

Backdoor Roth or am I stuck

ISO advice and opinion. I am researching my tax returns and IRA for details but will use approximate numbers (95% certainty) to ask for input and advice. I am wondering what the impact would be to consider mega backdoor Roth conversions. Quick Highlights Ages 52/50 in Texas (no state income tax) $41...
by soccerrules
Tue Jun 06, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: How to best move investments to VG?
Replies: 3
Views: 297

Re: How to best move investments to VG?

I agree with the comments listed above. I just recent moved from Schwab w/ broker to DYI at VG. I sold everything in tax deferred out of high ER funds into 3 fund VG Admiral shares. I am waiting out ST & LT Gains in my taxable account to balance for tax impact in 2017, maybe 2018. 2 additional p...
by soccerrules
Fri Jun 02, 2017 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Plan Check, 2 Years out.
Replies: 25
Views: 3807

Re: Early Retirement Plan Check, 2 Years out.

You are in good shape. I do have a question for everyone here: I assume that the OP's $3000 per month SS is based on his current statement. If he retires early, he will have 14-15 more zero years (55 to 70 years old), will that result in a lower monthly payout? Keep in mind it is the highest 35 yea...
by soccerrules
Fri Jun 02, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Plan Check, 2 Years out.
Replies: 25
Views: 3807

Re: Early Retirement Plan Check, 2 Years out.

You are in good shape. I do have a question for everyone here: I assume that the OP's $3000 per month SS is based on his current statement. If he retires early, he will have 14-15 more zero years (55 to 70 years old), will that result in a lower monthly payout? Keep in mind it is the highest 35 yea...
by soccerrules
Fri Jun 02, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Receiving $$ - Where To Put It
Replies: 5
Views: 411

Re: Receiving $$ - Where To Put It

singk44- Congrats on the recent marriage. I'm a better man because of my wife. I think it is important to do this together. I am a supporter of combining monies and think of everything as ours. It is a little easier for me since I have been the major breadwinner for the family for years. Maybe not a...
by soccerrules
Fri Jun 02, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis on transfer-in-kind from EJ to Vanguard
Replies: 1
Views: 245

Re: Cost basis on transfer-in-kind from EJ to Vanguard

This information may be online in your account if you have access online. Look for UNrealized gains. I would also look for realized gain in case they sold some shares in 2017 and you already have some ST or LT Gains this year. Getting away from EJ is your first move, transfer in kind (took about 6 b...
by soccerrules
Wed May 31, 2017 11:49 am
Forum: Investing - Help with Personal Investments
Topic: how to fund our retirement accounts while considering tax deductions and credits
Replies: 10
Views: 1131

Re: how to fund our retirement accounts while considering tax deductions and credits

Powerfultool- It looks like you have the potential to save close to 60% of your income. Fantastic. ($140K income, $83K savings). Great pension options as well. Looks like you guys will only have a small gap to cover at FRA. There are better people to respond than me about advice, I'll let them. I gu...
by soccerrules
Tue May 30, 2017 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Social security question
Replies: 22
Views: 2407

Re: Social security question

David, great answer. Do you know what happens if you stop earning income well before FRA, such as age 55? The SS website gives its estimate of benefit assuming you will earn the same until you can take SS, but not what you will get if you stop earning at some point. Thank you. Freedom66- There are ...
by soccerrules
Fri May 26, 2017 9:45 am
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

You may want to research whether you can access your spouse's retiree health care plan should you retire early, and what is the cost. I assume she works for a school district since she has a 403b, and many states provide this for their early retirees. This might be a good option to keep open for th...
by soccerrules
Fri May 26, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

Question. I just tried to exchange a Boston Globe Partners for the VBTLX Vanguard Total Bond Admiral Shares. (In a tax-deferred account). The message said I must select from the same family and the same share class as the fund redeemed. Sooo... I guess I need to sell the fund to cash, wait for it to...
by soccerrules
Fri May 26, 2017 9:24 am
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

Retirejg and Livesoft -- THANKS, huge help. !!
by soccerrules
Fri May 26, 2017 9:14 am
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

One can sell all shares of a new fund held for less than 31 days for a loss and not have a wash sale. A wash sale is not illegal anyways, so I just wouldn't worry too much about it. Thanks, good to know I would not have bond funds in taxable, so I would not have a "3-fund portfolio" in ta...
by soccerrules
Fri May 26, 2017 8:30 am
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

I guess my last post was confusing and over complicated or just messy. I would like to move to the following and before making moves wanted some feedback on questions. Planning on the following this Asset Allocation 65% Stocks (20% International) and 35% Bonds. Ultimately getting to the following. 5...
by soccerrules
Thu May 25, 2017 11:38 am
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

Emergency funds: @ 5-6 Months with firm; plus $50K in bank savings acct to cash flow (upcoming car purchase, college cash flow, prop taxes etc) Backfill cash flow acct from current income. Probably a little loose for most BH's. EF = $75K in MM at Vanguard; $38K in Savings account (Car purchase, col...
by soccerrules
Mon May 22, 2017 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest Church Money
Replies: 54
Views: 4531

Re: How to Invest Church Money

In poor people A bit flippant but on point. The point of a church is to help the community flourish, not to become a hedge fund. First figure out what your goals are. Required, desired, and stretch. This should always be done before asset allocation, for a individual, church, or whatnot. When you a...
by soccerrules
Mon May 22, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

Topic: Your saving for your kids' education vs for your retirement. +1 on bayview's comments. Your kids can get a loan to pay for their education, you can't get a loan to pay for your retirement. (Or they can work PT, or work FT and go to school part time. I did.) Bottom line. Your kids have more f...
by soccerrules
Mon May 22, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

Thanks for the link, TAXES have been on my mind. I do have about $40K in LT Gains and $8K in ST gains that I need to deal with appropriately. You have 2 adult children. If they are in low tax brackets, then their long-term capital gains tax rate can be 0% for some portion of their LTCG. You can the...
by soccerrules
Mon May 22, 2017 8:58 am
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

Topic: Your saving for your kids' education vs for your retirement. +1 on bayview's comments. Your kids can get a loan to pay for their education, you can't get a loan to pay for your retirement. (Or they can work PT, or work FT and go to school part time. I did.) Bottom line. Your kids have more f...
by soccerrules
Mon May 22, 2017 8:50 am
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

I have posted a thread about 6 mo's ago, howeverTax Filing Status: Married Filing Jointly: combined Income $200-225K. Tax Rate: 28% Federal, 0% State (Fed effective rate has been less than 15% most years due to itemized deductions; 2016 was a one off year due to job change/seperation pay) State of ...
by soccerrules
Mon May 22, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

Aim, Aim, Aim ........SHOOT! I've initiated the Vanguard paperwork yesterday to move the money from Advisor (using Schwab) to Vanguard and hope to have transfer completed in a few more days. I've read some of the Wiki's, The Little Book of Common Sense Investing , and All About Asset Allocation . I...
by soccerrules
Fri May 19, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

Aim, Aim, Aim ........SHOOT! I've initiated the Vanguard paperwork yesterday to move the money from Advisor (using Schwab) to Vanguard and hope to have transfer completed in a few more days. I've read some of the Wiki's, The Little Book of Common Sense Investing , and All About Asset Allocation . I ...
by soccerrules
Wed Apr 26, 2017 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

You do have a lot going on how about simplifying some things? You have a car loan for 12K, and a home loan for 106K, and 407K in taxable investments. Be done with that. By the end of the month have no debt and 289K in taxable. Your life got a bit simpler and you just found a risk free investment. D...
by soccerrules
Wed Apr 26, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

If her Vanguard 403b is with a K-12 school district, it would be Vanguard's generic 403b plan which uses Investor class funds, not Admiral class. There's a $15/year per fund and a limit of 5 funds. So it makes sense to use a single Target Retirement or Life Strategy fund. The fee is waived if the f...
by soccerrules
Wed Apr 26, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

You do have a lot going on how about simplifying some things? You have a car loan for 12K, and a home loan for 106K, and 407K in taxable investments. Be done with that. By the end of the month have no debt and 289K in taxable. Your life got a bit simpler and you just found a risk free investment. D...
by soccerrules
Mon Apr 10, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7389

Re: We have a lot going on .... Input Requested.

Option: Municipal bond fund. If you need/want bonds in taxable in your tax brackets (28% fed, 0% state), many advise using an intermediate-term national municipal bond fund. Why? --It's good diversification---provides beneficial exposure to a new market segment. --IT bond funds are reported to have...