Search found 4034 matches

by stoptothink
Sat Jun 23, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 131
Views: 13345

Re: Can you retire on $2M?

Honestly, I don't understand how people live on $40K, $50K or even $60K per year. Including taxes as well as healthcare before Medicare kicks in, I struggle to get it below $100K for two people, assuming we want to do anything besides sit in the house not spending money. But if we just sit in the h...
by stoptothink
Sat Jun 23, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 131
Views: 13345

Re: Can you retire on $2M?

Honestly, I don't understand how people live on $40K, $50K or even $60K per year. Including taxes as well as healthcare before Medicare kicks in, I struggle to get it below $100K for two people, assuming we want to do anything besides sit in the house not spending money. But if we just sit in the h...
by stoptothink
Fri Jun 22, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 131
Views: 13345

Re: Can you retire on $2M?

Yes, absolutely I could and never worry about money again. As could I, totally depends on your lifestyle expectations. I suspect most, even on this board, would totally balk at the idea off living off of $40k/yr or suggest that it isn't even possible, but I disagree . With a pair of children in day...
by stoptothink
Fri Jun 22, 2018 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 131
Views: 13345

Re: Can you retire on $2M?

Yes, absolutely I could and never worry about money again. As could I, totally depends on your lifestyle expectations. I suspect most, even on this board, would totally balk at the idea off living off of $40k/yr or suggest that it isn't even possible, but I disagree. With a pair of children in dayc...
by stoptothink
Thu Jun 21, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 169
Views: 11223

Re: What is/ was your career and would you recommend it now?

Chief Health and Exercise Scientist for a niche health products company that is the biggest player (~4,000 employees) in its industry. I work for an amazing company, named one of the top-10 mid-size companies to work for in the country by Forbes 3yrs running. I got lucky, studied exercise physiology...
by stoptothink
Wed Jun 20, 2018 5:57 pm
Forum: Personal Consumer Issues
Topic: What will (or would) you tip when wages go up?
Replies: 53
Views: 3293

Re: What will (or would) you tip when wages go up?

Nate79 wrote:
Wed Jun 20, 2018 5:56 pm
Cycle wrote:
Wed Jun 20, 2018 5:53 pm
To the robot that the restaurant owner purchased, 0. To the server, I don't know... Would it be like Europe?
Why do you discriminate against robots? Don't they have little robots at home to feed? :sharebeer
...and they need it more than you do...
by stoptothink
Wed Jun 20, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for long-term care of a brother with Autism? (Financial aspect)
Replies: 27
Views: 1694

Re: Planning for long-term care of a brother with Autism? (Financial aspect)

While your parents are currently able to provide housing to your brother as they move into retirement it may get more and more difficult for them to assist him. It is not necessarily in your brother's best interests to expect that your parents and then you will be able to be there to care for him. ...
by stoptothink
Wed Jun 20, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Oh my! Cardone says we need $10m net worth
Replies: 104
Views: 13423

Re: Oh my! Cardone says we need $10m net worth

Median income is not my definition of "living well" or "not having to worry about money". Most Americans DO worry about money all the time, so they fail what we are talking about by a mile. The median income earner in NYC isn't even close to fulfilling what we are proposing here. 68% of Americans s...
by stoptothink
Wed Jun 20, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 456
Views: 100820

Re: Anyone regret paying off mortgage early?

The goal is to have it done by the time I hit 40 and then we'll start stowing away cash to buy my wife's "dream home" whenever the next real estate crash comes. It may not ultimately be the most efficient way for us to build wealth, but I really really dislike debt, and either way I think we'll be ...
by stoptothink
Wed Jun 20, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 456
Views: 100820

Re: Anyone regret paying off mortgage early?

I’m now on my ‘pay it off’ path, age 38. Got a 30 year fixed in 2012 for $400k @ 3.75%. At $325k now.. I’ve increased my extra monthly mortgage payment every year and plan to do it into the future. I also pay a large bonus % at EoY. There is a great extra payments spreadsheet on Vertex42 that has e...
by stoptothink
Wed Jun 20, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 7530

Re: Which Supermarket are you?

What supermarkets do you Boggleheads go to and do most of your grocery shopping. Do you believe in the Organic hype and only shop at Whole Foods or do you go to Trader Joes for the cheaper alternative? Looking at making a decision on what supermarket i should ultimately be shopping at. If you've ev...
by stoptothink
Tue Jun 19, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 7530

Re: Which Supermarket are you?

What supermarkets do you Boggleheads go to and do most of your grocery shopping. Do you believe in the Organic hype and only shop at Whole Foods or do you go to Trader Joes for the cheaper alternative? Looking at making a decision on what supermarket i should ultimately be shopping at. If you've ev...
by stoptothink
Tue Jun 19, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 7530

Re: Which Supermarket are you?

What supermarkets do you Boggleheads go to and do most of your grocery shopping. Do you believe in the Organic hype and only shop at Whole Foods or do you go to Trader Joes for the cheaper alternative? Looking at making a decision on what supermarket i should ultimately be shopping at. If you've ev...
by stoptothink
Mon Jun 18, 2018 8:51 pm
Forum: Personal Consumer Issues
Topic: How much car to buy reasonably?
Replies: 86
Views: 4845

Re: How much car to buy reasonably?

If you’re single, get any car you want. You can afford it. Don’t feel like you have to be wedded to a car, either. You can always sell it in a year and you won’t be losing much compared to your net worth or income. +1, and I don't even own a car, I share an econobox with my wife even though we cert...
by stoptothink
Mon Jun 18, 2018 11:41 am
Forum: Personal Consumer Issues
Topic: Help Buying Mens Shoes for Work and Dating
Replies: 97
Views: 8353

Re: Help Buying Mens Shoes for Work and Dating

I have ditched dates based on footwear. It speaks volumes about a man. All my female friends say the same and none of us is exceptionally picky or high maintenance. Its like guys judge other guys by their watch or their car, women judge other women by shoes and bags. OP - go the whole hog and buy a...
by stoptothink
Mon Jun 18, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: Help Buying Mens Shoes for Work and Dating
Replies: 97
Views: 8353

Re: Help Buying Mens Shoes for Work and Dating

Dont date a woman that cares about your shoes imo I don't think women care about it in general. It's just one of the first-date shorthand flags women are conditioned to form a first impression… along with grooming, hygiene, whether they offer to pick up the tab, how much they tip, etc…  Probably to...
by stoptothink
Sat Jun 16, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice (take the promotion or not)
Replies: 29
Views: 3595

Re: Career advice (take the promotion or not)

I would love to talk more about my being underpaid. I live in NC. Accounting for my living costs and excellent commute, I have priced myself at a bare minimum of $140k in order to move to upstate NY, MD, VT, or TX, and practically infinity to move to California. This limits my opportunities. I have...
by stoptothink
Sat Jun 16, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: Functional Medicine/ managing the costs
Replies: 31
Views: 1461

Re: Functional Medicine/ managing the costs

Not seeking medical advice or any medical information from individuals.... I am considering trying Functional Medicine. The doctor has been highly recommended by friends for whom I've seen great results. The doctor is expensive and does not take insurance, which seems to be the norm for functional ...
by stoptothink
Fri Jun 15, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3725

Re: I am STUNNED over how much help my friends recieved with house purchase!

Commenting as someone coming from a similar position to you - rather than as a parent. Also in a HCOL. You are jealous - it's okay. I remember being baffled at one couple telling us their parents paid for their education while we carried 6 figures of college debt. And later, finding out they also p...
by stoptothink
Fri Jun 15, 2018 8:50 am
Forum: Personal Consumer Issues
Topic: Trade-up my $89 Walmart bike
Replies: 44
Views: 2576

Re: Trade-up my $89 Walmart bike

And never *listen* to any cyclist who has clip-on pedals on their bike. Those folks are in completely different stratosphere than us mere mortals who are doing just recreational biking. They have no memory of their earlier days and when they give you any advice, it is pretty much useless to you. I ...
by stoptothink
Thu Jun 14, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: Trade-up my $89 Walmart bike
Replies: 44
Views: 2576

Re: Trade-up my $89 Walmart bike

And never *listen* to any cyclist who has clip-on pedals on their bike. Those folks are in completely different stratosphere than us mere mortals who are doing just recreational biking. They have no memory of their earlier days and when they give you any advice, it is pretty much useless to you. I ...
by stoptothink
Wed Jun 13, 2018 8:32 pm
Forum: Personal Consumer Issues
Topic: Trade-up my $89 Walmart bike
Replies: 44
Views: 2576

Re: Trade-up my $89 Walmart bike

I would advise against any kind of shock for the kind of riding you describe. It adds cost and weight for very little benefit if the roughest terrain consists of maintained gravel roads. You will get more benefit with a properly inflated (~40-50 psi) and wide (40 mm) gravel tire. +1. Sounds like a ...
by stoptothink
Wed Jun 13, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 179
Views: 37019

Re: Bogleheads, tell me about your 40's?

most important thing you can do is take care of your body. Eat healthy and exercise. Way too many overweight people who will not have quality years ahead of them because of health issues. Just turned 37. Echo this, I am technically probably in the best shape of my life, if your metrics are combinat...
by stoptothink
Tue Jun 12, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 4753

Re: How do you celebrate (potty trained kid) milestone with your spouse?

Without going into detail, the task was sufficiently arduous that I’d like to mark the milestone in a meaningful way. How do you mark a milestone in your marriage that isn’t related to a birthday or anniversary? I’m looking for ideas here... This is a marriage milestone for you? I would just flush ...
by stoptothink
Mon Jun 11, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5108

Re: Rowing machine motivation

Great that you stand by your statement, it doesn't make it less contraindicated based upon the breadth of current evidence-based research. This is exactly how bad lifestyle habits (what really matters in regards to achieving short-term goals, and improving health outcomes and long-term health overa...
by stoptothink
Mon Jun 11, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: How to convince my co-worker to invest more?
Replies: 47
Views: 3260

Re: How to convince my co-worker to invest more?

123 wrote:
Mon Jun 11, 2018 10:50 am
Wellfleet wrote:
Mon Jun 11, 2018 10:45 am
I think the consensus around here is to give them a copy of If You Can, and then never talk about it again.
+1 Well said.
+1. Of course you want to help, but ask yourself what is the upside for you? Provide them information and get out of the way unless they ask you.
by stoptothink
Mon Jun 11, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5108

Re: Rowing machine motivation

Ummm, no. As an exercise physiologist and obesity researcher, this very common viewpoint drives me mad. If your goal is to get in better condition or lose weight (frankly, this is the goal of most people), this is just about the worst thing you can do. A lot of nutrition and exercise research has b...
by stoptothink
Mon Jun 11, 2018 2:26 pm
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 4753

Re: How do you celebrate (potty trained kid) milestone with your spouse?

Without going into detail, the task was sufficiently arduous that I’d like to mark the milestone in a meaningful way. How do you mark a milestone in your marriage that isn’t related to a birthday or anniversary? I’m looking for ideas here... This is a marriage milestone for you? I would just flush ...
by stoptothink
Mon Jun 11, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5108

Re: Rowing machine motivation

Ummm, no. As an exercise physiologist and obesity researcher, this very common viewpoint drives me mad. If your goal is to get in better condition or lose weight (frankly, this is the goal of most people), this is just about the worst thing you can do. A lot of nutrition and exercise research has b...
by stoptothink
Mon Jun 11, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5108

Re: Rowing machine motivation

Ummm, no. As an exercise physiologist and obesity researcher, this very common viewpoint drives me mad. If your goal is to get in better condition or lose weight (frankly, this is the goal of most people), this is just about the worst thing you can do. A lot of nutrition and exercise research has b...
by stoptothink
Sat Jun 09, 2018 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Another home thread: 2mil / 40K in taxes
Replies: 59
Views: 5388

Re: Another home thread: 2mil / 40K in taxes

I have no suggestion but when you quote this earning power at age 32, I would certainly like to know the industry and the job specific so that I can get my future grand-kids in those fields. It is too late for me or my kids to change the careers at this stage. Of course, I may be wrong, but I think...
by stoptothink
Sat Jun 09, 2018 8:35 am
Forum: Personal Consumer Issues
Topic: What commuter car provides the best long term financial value?
Replies: 84
Views: 6555

Re: What commuter car provides the best long term financial value?

I think these discussions often miss the forest for the trees. Consider a new prius vs a sonic. Prius mpg is ~53 highway while sonic is 37. Over a 150,000 mile life of the car with gas at $3/gal, you're saving 1200 gallons or $3700. Gas costs are a small fraction of the total cost of ownership when...
by stoptothink
Sat Jun 09, 2018 8:07 am
Forum: Personal Consumer Issues
Topic: What commuter car provides the best long term financial value?
Replies: 84
Views: 6555

Re: What commuter car provides the best long term financial value?

stoptothink wrote: Anybody who purchases a hybrid with the rationale that it is the cheapest form of transportation is just like someone buying more home because a larger mortgage equals a larger tax write-off. The numbers just don't make sense. And, again, having put several thousand miles on both...
by stoptothink
Sat Jun 09, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5108

Re: Rowing machine motivation

3. Reward yourself for working out hard (ice cream, etc.) 4. Punish yourself for not working out (salad for dinner, etc.) Ummm, no. As an exercise physiologist and obesity researcher, this very common viewpoint drives me mad. If your goal is to get in better condition or lose weight (frankly, this ...
by stoptothink
Fri Jun 08, 2018 10:20 pm
Forum: Personal Consumer Issues
Topic: What commuter car provides the best long term financial value?
Replies: 84
Views: 6555

Re: What commuter car provides the best long term financial value?

I think these discussions often miss the forest for the trees. Consider a new prius vs a sonic. Prius mpg is ~53 highway while sonic is 37. Over a 150,000 mile life of the car with gas at $3/gal, you're saving 1200 gallons or $3700. Gas costs are a small fraction of the total cost of ownership when...
by stoptothink
Fri Jun 08, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10078

Re: Why do we work?

For example, I was recently looking at homes in a nicer part of town that will cost about 40% more than our current home. As a reference this home would be 2.5x salary and our current home has 9 years left in a 15 year mortgage. The home is a bit bigger with nicer amenities. I calculate to own this...
by stoptothink
Fri Jun 08, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: How much to spend on daycare?
Replies: 46
Views: 3457

Re: How much to spend on daycare?

What do you do? Splurge for daycare or go with the basic place? Has anyone done one or the other and regretted it or felt it really made a difference? As both a parent of kids who have spent a lot of time in daycare and having (previously) worked in public health for a decade, directly with childca...
by stoptothink
Fri Jun 08, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17587

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

Getting a W2 job isn’t the only desirable utilitarian outcome of an education. Self-employment/entrepreneurship is another utilitarian outcome. An English degree doesn’t stop anyone from pursuing self-employment. Writing books is one such avenue. Does having an education really improve your chances...
by stoptothink
Fri Jun 08, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17587

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

The fact that so many of your immediate family was able to to afford so many degrees indicates your family is in the top ±5% of the country so it's more likely than not that they will be successful. Starting halfway to the finish line makes it pretty easy to cross. No offense is intended by this bu...
by stoptothink
Fri Jun 08, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: daughter wants a college transfer?
Replies: 65
Views: 5080

Re: daughter wants a college transfer?

My daughter was recently admitted to Cornell and decided not to go, exactly for the reasons your daughter mentioned: school and class sizes were a bit large, she is not into the Greek scene (which was big there), and did not get a good vibe about the student body. It was a hard choice for her to tu...
by stoptothink
Fri Jun 08, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17587

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

The only way to shortchange your child is to let them choose a dumb major. And what is a dumb major? I know it is popular to think of college as a trade school these days, but there a few majors that are not stepping stones to jobs. Granted with half of them you end up having to go to law school😁 I...
by stoptothink
Thu Jun 07, 2018 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17587

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

The only way to shortchange your child is to let them choose a dumb major. And what is a dumb major? I know it is popular to think of college as a trade school these days, but there a few majors that are not stepping stones to jobs. Granted with half of them you end up having to go to law school😁 I...
by stoptothink
Thu Jun 07, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: What commuter car provides the best long term financial value?
Replies: 84
Views: 6555

Re: What commuter car provides the best long term financial value?

With how fuel efficient newer compact cars are , I have a difficult time believing that the numbers add up if cheap transportation is the sole goal. Our anecdote, we purchased a 2017 VW jetta last year for $14k total OTD. Depending where you are at, you can still find these even cheaper than that. ...
by stoptothink
Thu Jun 07, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: What commuter car provides the best long term financial value?
Replies: 84
Views: 6555

Re: What commuter car provides the best long term financial value?

I commute about 500 miles a week, or about 24,000 per year and am looking for a car that will get me to work and back for the cheapest total cost over it's lifetime (including gas, repairs, depreciation, purchase price, etc). I don't care too much about the brand or style or how it looks as long as...
by stoptothink
Thu Jun 07, 2018 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17587

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

No one pays sticker at a private college and most cases not even at a public college. Anyone paying 250k to 300k today for a bachelors degree is not too bright and would probably buy that ocean front property I have to sell in AZ. Leaving aside for the moment the issue of how “not too bright” I am,...
by stoptothink
Wed Jun 06, 2018 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17587

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

ve someone who went to Harvard College but can’t get into Harvard Law, plus someone who went to the University of Maryland and does get into Harvard Law,” Shirley Levin says. So 39% of the class comes from 8 schools and 61% comes from 2600 schools. I would say that is a pretty clear indication of h...
by stoptothink
Wed Jun 06, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: steel cut oats in bulk
Replies: 50
Views: 4105

Re: steel cut oats in bulk

The prices I am seeing here are several times what we spend on bulk oat groats/barley/etc. I doubt there is much difference in what Winco sells and what comes in a bag labelled Bob's Red Mill or Coach's. Bob's Red Mill has gluten-free steel cut oats; I wouldn't trust bulk oats to be safe from cross...
by stoptothink
Wed Jun 06, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17587

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

https://www.brookings.edu/articles/who-needs-harvard/ Pretty comprehensive review of my personal thoughts on the matter. IMO, the most pertinent statement: "The Gotta-Get-Ins can no longer claim to be the more or less exclusive gatekeepers to graduate school. Once, it was assumed that an elite-coll...
by stoptothink
Wed Jun 06, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 694
Views: 75244

Re: [What TV Show Have You Recently Watched?]

The ending of "The Americans" was pathetic at best. They made Stan, and by association the FBI a laughingstock. How he could just overlook the recent murder of colleagues and informants, (as well as the penetration of gov't agencies and programs), and just let them escape was beyond absurd and rend...
by stoptothink
Tue Jun 05, 2018 11:44 am
Forum: Personal Consumer Issues
Topic: steel cut oats in bulk
Replies: 50
Views: 4105

Re: steel cut oats in bulk

If you have the large grocery store Winco in your area, they are the best for bulk purchases. I regularly buy steel cut oats in the bulk section for $0.62/lb. Prices on other bulk foods are corresponding low. This. The prices I am seeing here are several times what we spend on bulk oat groats/barle...