Search found 30 matches

by mesmer
Sat Oct 20, 2018 6:43 am
Forum: Personal Consumer Issues
Topic: Morning/Nighttime Stretching Routine
Replies: 11
Views: 1391

Re: Morning/Nighttime Stretching Routine

I don’t always stretch in the morning regularly, though I should. If my body feels more stiff, I do spend some time stretching before and after getting out of bed. At night, I do foam rolling of my quads, IT bands, inner thighs, back, shoulder, glutes, etc for about 10 minutes. I sit a lot during th...
by mesmer
Wed Jul 18, 2018 6:14 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 81
Views: 6959

Re: $540 a month on food for graduate student budget too much?

OP, Good for you for being proactive about this. Shaving cost from your food budget (always my largest variable expense) is a great thing. Even savings of $100-200 per month add up. When I was in grad school, I often similarly ate out for lunch. The biggest issue as many have pointed out were health...
by mesmer
Mon Jun 25, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: help me figure out the best retirement account type for my situation (i401k, 403b, etc.)
Replies: 4
Views: 496

Re: help me figure out the best retirement account type for my situation (i401k, 403b, etc.)

Thank you for everyone who has responded. You've all made me consider something I hadn't previously considered. I am not sure that my husband would close the s-corp, but it's unclear whether the s-corp would continue having much business in the short-term. He may keep the company open but it wouldn'...
by mesmer
Sat Jun 23, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: help me figure out the best retirement account type for my situation (i401k, 403b, etc.)
Replies: 4
Views: 496

help me figure out the best retirement account type for my situation (i401k, 403b, etc.)

I am hoping for some insight to help minimize tax liability and keep costs low for retirement savings in 2018. I have 3 primary options, as far as I can tell, which I will outline at the bottom of the post. I recently transferred to another department within my state job with fewer hours so my salar...
by mesmer
Sat Jun 23, 2018 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 7054

Re: Career Burn Out: Should I quit high paying job and take a sabbatical?

I started writing my post before I saw you were in the oil business... I had also assumed tech where job hopping is not as frowned upon.
I think sitting on the beach in Thailand (or lots of places in Asia where you can live well for under $5 per day) is a great idea.
by mesmer
Sat Jun 23, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 7054

Re: Career Burn Out: Should I quit high paying job and take a sabbatical?

Sorry to hear you are so burnt out. I feel for you. It may be my own burnout speaking, but I think a sabbatical is a good idea. If you are in a stressful field, you want to protect your longevity at least enough to meet your financial/other life goals. It doesn't seem like you've been in a good spac...
by mesmer
Sat Nov 04, 2017 6:57 am
Forum: Personal Finance (Not Investing)
Topic: HMO vs HDP w HSA
Replies: 15
Views: 1800

Re: HMO vs HDP w HSA

If you go with the high deductible plan, make sure that you can cover the out of pocket max which you could easily reach for pregnancy and delivery. If the pregnancy spans across two calendar years you may hit the max twice. If you are at UC, they do have an online calculator and estimates for what ...
by mesmer
Sun Feb 05, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Should we choose profit sharing or 401k retirement investing for s-corp income?
Replies: 7
Views: 1089

Re: Should we choose profit sharing or 401k retirement investing for s-corp income?

Thanks everyone, for the your replies! So if I understand correctly we can do both 401k and profit sharing into the same plan? The accountant who set up the s-corp said we don't qualify for a solo 401(k) since it's not technically self-employment income since my husband is a W-2 employee of the corp...
by mesmer
Sat Feb 04, 2017 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Should we choose profit sharing or 401k retirement investing for s-corp income?
Replies: 7
Views: 1089

Should we choose profit sharing or 401k retirement investing for s-corp income?

My husband has a newly formed S-corp and we are still learning a lot about how to manage it. We would appreciate any wisdom from the BH community about choosing a retirement investment vehicle. The two options we are considering are 1) a 401k (we can set up employer matching up to 100%) or 2) a prof...
by mesmer
Wed Dec 07, 2016 11:02 am
Forum: Personal Consumer Issues
Topic: Best business credit card and bank account for S-corp
Replies: 13
Views: 3189

Re: Best business credit card and bank account for S-corp

Thanks, everyone, for the helpful responses so far! Looking into whether points or cash would work best for our situation. I welcome any additional suggestions.
by mesmer
Sun Dec 04, 2016 6:09 pm
Forum: Personal Consumer Issues
Topic: Best business credit card and bank account for S-corp
Replies: 13
Views: 3189

Best business credit card and bank account for S-corp

I am looking for recommendations for a credit card and bank account for S-corp my husband had to form for a recent job. Typical expenses paid on credit card will be fuel, dining out, monthly utilities (internet, phone, etc.), and possibly car payment if we go that route and lease or buy a vehicle fo...
by mesmer
Mon Aug 15, 2016 12:37 am
Forum: Personal Consumer Issues
Topic: How much vacation time do you get at work?
Replies: 155
Views: 15559

Re: How much vacation time do you get at work?

15 days of vacation leave 12 days sick leave 13 paid holidays 10 professional development days (to attend conferences, continuing education toward job). I will accrue 3 more vacation days annually when I hit 10 years of service in January 2017. Unused sick leave is added to years of service upon ret...
by mesmer
Tue Jul 05, 2016 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Living on one income so partner can go to school
Replies: 31
Views: 3445

Re: Living on one income so partner can go to school

Hello! Long-time lurker, first-time poster. My husband recently quit his job to finish his bachelor's degree in nursing (3rd and 4th years, full time). He used to bring in $67,000 a year. No children yet. When he's finished with his nursing degree, we expect his income to double within 3-5 years. A...
by mesmer
Sun Jun 05, 2016 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo
Replies: 108
Views: 21134

Re: Wells Fargo

As a banker I find this thread entertaining. I don't care if you bank at the biggest global company or the smallest community bank, there are going to be horror stories and there are going to be raving fans. I generally do my best for every customer and prospect, but over the years I have been curs...
by mesmer
Fri May 06, 2016 6:57 am
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s
Replies: 20
Views: 2937

Re: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s

Byt yes, you do need to have a very large downpayment for the house….for two reasons. If you can't afford a 20% downpayment, you can't really afford the house. And without 20%, you will have to pay PMI insurance (mortgage insurance) for several years - an unnecessary drain for people not patient en...
by mesmer
Thu May 05, 2016 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s
Replies: 20
Views: 2937

Re: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s

To clarify, our time horizon for a home is 5-10 years. We are willing to wait until it's a good time even beyond that point. In other words, no rush to make the purchase. What's more important is stabilizing our entire financial situation. The 70K is what we have in retirement accounts. We have ano...
by mesmer
Thu May 05, 2016 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s
Replies: 20
Views: 2937

Re: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s

3) Since homes in our area are in the 1M range, would you recommend saving a larger downpayment? Having a bigger emergency fund (1-2 years) before buying? Something else? mesmer, Don't buy a house. You CANNOT AFFORD it. <<would you recommend saving a larger downpayment?>> You ONLY have 70K of inves...
by mesmer
Thu May 05, 2016 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s
Replies: 20
Views: 2937

Re: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s

Thanks, retiredjg. That explanation is helpful and makes sense. I was hoping the SEP would provide additional tax sheltered space in which to save for retirement, but it sounds like it has minimal tax benefits. I will plan on converting to a Roth and doing any other retirement savings in a taxable a...
by mesmer
Thu May 05, 2016 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s
Replies: 20
Views: 2937

Re: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s

Tax Rate: expected 28% Federal , 9.3%-10.3% State (Federal rate has varied between 25-33% over past few years depending on my husband's income) State of Residence: CA Ages: 36 & 42 Portfolio size: ~70k (just started getting serious last year!) 2. We live in a very high cost of living area and want ...
by mesmer
Thu May 05, 2016 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s
Replies: 20
Views: 2937

Re: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s

Does your husband really have next to nothing saved? That's what jumps out at me in a huge way. I realize he has no 401k option but a 42 year old person in a fickle field like entertainment who has substantial but variable income should have a sizable taxable retirement account. I think you need to...
by mesmer
Mon May 02, 2016 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s
Replies: 20
Views: 2937

Re: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s

2. We live in a very high cost of living area and want to buy a house. We are no where near being able to afford a home, and don't mind waiting 5-10 years (also hoping our current area is in a bubble since many tech companies moved in over the past few years). It is likely that our mortgage would b...
by mesmer
Mon May 02, 2016 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s
Replies: 20
Views: 2937

Re: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s

Thanks for the responses so far and the helpful links! I will take a look and run some numbers. New annual Contributions -Already maxed out 2 backdoor Roths for 2016 (included above) -1-2K in SEP IRA (TBD at year end based on earnings in side hustle) I have not finished reading your post but this ca...
by mesmer
Sun May 01, 2016 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s
Replies: 20
Views: 2937

Help with portfolio, saving for a home, managing windfall, for married couple in 30s and 40s

I would be grateful for any advice about the questions below, or any other thoughts about our portfolio. I attempted to follow the format and make things as clear as possible, but please let me know if you'd like me to edit and clarify anything. Thanks in advance! Emergency funds: 4-6 months of expe...
by mesmer
Sat Mar 26, 2016 9:45 am
Forum: Personal Finance (Not Investing)
Topic: How do I find a credible insurance broker
Replies: 2
Views: 482

How do I find a credible insurance broker

I've been trying to locate a flat-fee, independent insurance broker for auto and term life insurance policies (and maybe additional disability insurance for my husband). Of these, auto is most important and most immediate because we are likely overpaying with our AAA bundle and are up for renewing. ...
by mesmer
Wed Jan 06, 2016 8:59 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 982
Views: 105644

Re: Netflix, Your Current Favorite Show

My favorite shows produced by Netflix are Bloodline and River. Good stories, good acting, and good production IMO. Other quality programming is Making a Murderer (documentary series), and the first seasons of House of Cards and OITNB. I started Jessica Jones and couldn't bring myself to keep watchin...
by mesmer
Sat Dec 19, 2015 7:55 am
Forum: Investing - Help with Personal Investments
Topic: Concerned about 457(b) plan - advice needed!
Replies: 18
Views: 2363

Re: Concerned about 457(b) plan - advice needed!

Correct me if I'm wrong, but if you left employer couldn't you just roll the 457b into a brokerage account anyway or cash it out? It would mean paying taxes on the funds but there is no 10% penalty like in a 403b. Not sure if you anticipate being in a higher tax bracket in the future.
by mesmer
Mon Nov 23, 2015 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Help choosing HSA vs HMO
Replies: 7
Views: 2097

Re: Help choosing HSA vs HMO

Thanks for the responses, everyone. I would have essentially no difference in providers, although slightly more flexibility with the PPO/HSA. But the HMO covers a very large medical network that has every specialist I'd ever want to see. There is no deductible to hit and the oop max is 2k (which I p...
by mesmer
Sat Nov 14, 2015 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Help choosing HSA vs HMO
Replies: 7
Views: 2097

Help choosing HSA vs HMO

Hi Bogleheads, Aspiring Boglehead here and grateful for all the knowledge I've already gained from this site. I am hoping for the wisdom of this board to help me make a decision about health insurance coverage for me and my husband in 2016. I've narrowed our options down to an HMO or HSA. We are cur...
by mesmer
Sun Oct 25, 2015 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Psychoherapist with experience in high net worth/inheritance issues?
Replies: 11
Views: 2293

Re: Psychoherapist with experience in high net worth/inheritance issues?

I don't have any specific referrals in your area, but I would suggest asking people you know in the area for general referrals for an excellent psychotherapist. A good therapist will be able to help your mother work through the anxiety and guilt and help her manage boundaries with family around fina...
by mesmer
Sun Sep 06, 2015 10:11 pm
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads Los Angeles meetings
Replies: 145
Views: 19515

Re: Bogleheads Los Angeles meetings

I'd be interested in attending a Los Angeles meetup and Culver City area works great for me. Unfortunately I am not available on September 19th, but interested in future meetings.