Search found 1173 matches

by Tamarind
Mon Dec 10, 2018 7:01 am
Forum: Personal Finance (Not Investing)
Topic: How will 80k inheritance affect medicaid, section 8, food stamp eligibility in PA?
Replies: 26
Views: 2823

Re: How will 80k inheritance affect medicaid, section 8, food stamp eligibility in PA?

OP, a piece of information missing from your post is whether your mother is able to cooperate with you to manage her assets. If she will not, then you cannot make her disclaim the inheritance, even if it would be the best strategy. You cannot make her purchase an SPIA, use the money to meet importan...
by Tamarind
Thu Dec 06, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Solid my entire portfolio 12/3/18
Replies: 49
Views: 8411

Re: Solid my entire portfolio 12/3/18

In preparation for moving to a simpler "lazy portfolio" style of investing I sold everything in my retirement portfolio on 12/3/18. So I am now 100% cash. Got a little lucky on the timing, but now I need to figure out when to get back in. With the huge drop in the DOW looks like it would be a good ...
by Tamarind
Thu Dec 06, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance for FIRE [Financial Independence Retire Early]
Replies: 83
Views: 6309

Re: Health insurance for FIRE

If one is living off a taxable account and does not have other income streams like pension or working spouse, then one ought to be able to manage income quite precisely to get at least some subsidy to help limit increases. Just went through this exercise with my mother, though she will only need to ...
by Tamarind
Wed Dec 05, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Young professionals in CA - $80K Roth conversion?
Replies: 25
Views: 1500

Re: Young professionals in CA - $80K Roth conversion?

- Having too much pre-tax money is a rich person's problem. In the case that this becomes a "problem", we may change our minds and stop working early, which would allow us to convert at a lower tax rate. This is the best reason not to worry about converting now. If you see your pre-tax balance gett...
by Tamarind
Wed Dec 05, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Overcontribution
Replies: 19
Views: 1481

Re: 401k Overcontribution

It's up to you to do the math and get one or the other custodian to give you a corrective distribution. Since you directed the overcontribution, you are the person responsible. If you've been talking to HR so far, consider going straight to the custodian. They'll be far more familiar with this kind ...
by Tamarind
Wed Dec 05, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Young professionals in CA - $80K Roth conversion?
Replies: 25
Views: 1500

Re: Young professionals in CA - $80K Roth conversion?

Given that traditional is "safer" (because if that choice is incorrect, it will be because you have "too much money") I like that perspective. Essentially a form of insurance - if we're less well off, we'll make more money by keeping in the traditional. If we're well off, we may pay more in taxes t...
by Tamarind
Wed Dec 05, 2018 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Out of Stocks to Pay Off Mortgage
Replies: 73
Views: 5015

Re: Out of Stocks to Pay Off Mortgage

If it were me I would likely divert new money from taxable to making extra principle payments. I might or might not sell part of the taxable account to make a big prepayment, depending on taxes. For me I would be very reluctant to incur any CG tax at all and would probably limit it to the amount of ...
by Tamarind
Tue Dec 04, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 120
Views: 10825

Re: Retirement itch- when did you get it?

When I was 30 and realized I had begun to age. :idea: :confused :shock: :oops: :mrgreen: I started working in 2008, so I've always known that my ability to make a living was dependent on more than just my skills and effort. I've been very lucky compared to the average person my age but I don't want ...
by Tamarind
Fri Nov 30, 2018 8:04 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads justify taking vacation?
Replies: 102
Views: 4378

Re: How do Bogleheads justify taking vacation?

happy wife, happy life.. Happy husband, happy life. Happy spouse, happy life. :sharebeer I need regular breaks from work to maintain good mental health. I also enjoy travel, but about half of our vacations are to stay home and do whatever things we feel like doing. Read a book I haven't had time fo...
by Tamarind
Thu Nov 29, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Divorce [financial implications]
Replies: 109
Views: 14316

Re: Divorce [financial implications]

I never been divorced but seen my nephew went through. When spouse is a homemaker, obviously other person will be earning on all these years. During divorce, why are you pointing he/ she was not working on all these years ? Your spouse might be taking care of home and/or kids...might be left job to...
by Tamarind
Thu Nov 29, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 8578

Re: How did YOU choose your career?

I think many people have winding careers and not much of a plan especially at the beginning. There's nothing wrong with that at all. I was a voracious learner as a kid but had no "calling". Most of the time I wanted to be an author, but veterinarian was a close second. At the end of high school my f...
by Tamarind
Mon Nov 26, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: $724k in debt and I want to buy a home.
Replies: 54
Views: 6463

Re: $724k in debt and I want to buy a home.

I also think you are wise to stockpile enough to pay off her loans if PSLF does not come through. Plenty of smart people have failed to jump through all the hoops and gotten a nasty surprise after 10 years. .... About that, you don't say if you two are married. If you are, are you sure her income-b...
by Tamarind
Mon Nov 26, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: $724k in debt and I want to buy a home.
Replies: 54
Views: 6463

Re: $724k in debt and I want to buy a home.

I also think you are wise to stockpile enough to pay off her loans if PSLF does not come through. Plenty of smart people have failed to jump through all the hoops and gotten a nasty surprise after 10 years. .... About that, you don't say if you two are married. If you are, are you sure her income-b...
by Tamarind
Mon Nov 26, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Am I too risk averse?
Replies: 45
Views: 3359

Re: Am I too risk averse?

As long as you don't want to spend more than $70k annually in retirement, or are still accumulating at a rate that will get you to a 2% WR by your planned retirement, I'd say you are not too risk-averse. I would say that your portfolio is more complicated than it needs to be. Fold anything 5% or les...
by Tamarind
Mon Nov 26, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: $724k in debt and I want to buy a home.
Replies: 54
Views: 6463

Re: $724k in debt and I want to buy a home.

I concur with those above that you should rent until your future income materializes. You can rent a house instead of an apartment (in most L/MCoL areas there is enough supply and it can be much better value than an apt). Think of your debt (including potential mortgage) as a lock on your future cas...
by Tamarind
Sun Nov 25, 2018 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Should I sell my house?
Replies: 59
Views: 4777

Re: Should I sell my house?

The Bay Area housing market has gifted you the chance to never have a mortgage again. I would take it. Sell and use cash to buy your next house after the old one sells.
by Tamarind
Mon Nov 19, 2018 7:56 am
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 129
Views: 19734

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Alex Gr, you set your portfolio up a little over a year ago at 73% stocks and 27% bonds. Within a few weeks, you were nervous about it because your portfolio took a dive of $7k. At that time you wondered if you needed to make a change but you decided to stick with it. You are now considering settin...
by Tamarind
Thu Nov 15, 2018 5:29 pm
Forum: Personal Consumer Issues
Topic: Mesh versus Range extender
Replies: 27
Views: 1977

Re: Mesh versus Range extender

+1 for mesh because it is just easy. Google WiFi was extremely easy to set up and control, so we got it even though it was overkill for our small house. No regrets.
by Tamarind
Tue Nov 13, 2018 7:54 am
Forum: Personal Consumer Issues
Topic: Any space heaters that automatically maintain a temperature in a room!
Replies: 37
Views: 3234

Re: Any space heaters that automatically maintain a temperature in a room!

I like these: https://www.amazon.com/dp/B000TGDGLU/ref=cm_sw_r_cp_awdb_t1_QIS6BbEJT2Z6T Delonghi oil-filled radiator with a thermostat. Or you can pair the dumb space heater of your choice with an outlet which has a thermostat probe. The outlet will only be energized when the temperature drops below...
by Tamarind
Mon Nov 12, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: At what point does a life insurance policy not make sense?
Replies: 16
Views: 1791

Re: At what point does a life insurance policy not make sense?

I don't have individual life insurance YET because my wife and I have no children. DW works and my employer-provided group life policy would be sufficient to pay off the mortgage which is our only large obligation. I plan to get term life policies for both of us if/when we decide to have a child. I ...
by Tamarind
Sat Nov 10, 2018 7:40 am
Forum: Investing - Theory, News & General
Topic: Would you still jump if you were ready, then the market dropped 50%??
Replies: 40
Views: 4707

Re: Would you still jump if you were ready, then the market dropped 50%??

If I had already moved into my planned retirement AA (50/50) when the drop came, then absolutely I would. If I hadn't yet, I probably still would jump but would be likely to err on the low side for expenses for a couple of years.
by Tamarind
Tue Nov 06, 2018 6:51 am
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7476

Re: Do people calculate savings rate on gross income?

Gross makes more sense to me because then I have apples-to-apples for how much goes to savings, taxes, and spending. If you use net, it seems to imply that the tax portion is out of your hands, which it isn't.
by Tamarind
Sat Nov 03, 2018 7:09 am
Forum: Investing - Theory, News & General
Topic: How low can BND go?
Replies: 65
Views: 7823

Re: How low can BND go?

Lower. Most likely not as low as stocks can go. Keep tuning out the noise.
by Tamarind
Fri Nov 02, 2018 2:13 pm
Forum: Investing - Theory, News & General
Topic: What does your gut tell you; RMD now or in December?
Replies: 38
Views: 2245

Re: What does your gut tell you; RMD now or in December?

You should pick a date and automate the RMD process. That will avoid the yearly issue of when. I would opt for some time in early/mid November. Don't like to get financial matters done during the holiday/end of year rush if it can be avoided. I think this is the best advice. The amount you have to ...
by Tamarind
Thu Nov 01, 2018 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Tax refunds expected to be 26% more in 2019
Replies: 52
Views: 5741

Re: Tax refunds expected to be 26% more in 2019

Now that I'm married (and DW works a non-exempt job) it's my first year trying to fine tune withholding. I've tweaked it twice so far in 2018. Thanks for reminding me to check it again with this thread. DW has worked a lot of overtime the last couple of months so I'm sure to be under. Goal is to owe...
by Tamarind
Fri Oct 26, 2018 10:31 am
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 344
Views: 50709

Re: New HSA provider Lively offers investments for $30/yr fee

I'm about to sign up and try a trustee-to-trustee transfer from HealthEquity. I'm no longer eligible for HSA contributions since my new employer doesn't offer an HDHP, but at least I can get out from under HE's fees and let the balance accumulate. I LOVE that Lively lets you connect a bank account ...
by Tamarind
Fri Oct 26, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 493
Views: 49499

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

OP here. Has anyone tried to fund the new account during the opening process (via ACH) with the funds from the account owned by a spouse (your name is not on the funding source)? Not a new account, but tried to pull to a joint Ally account from an account in my wife's name (w her approval of course...
by Tamarind
Wed Oct 24, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Where would you go for financial guidance if you win the Megamillions?
Replies: 188
Views: 17069

Re: Where would you go for financial guidance if you win the Megamillions?

Ran across this reasonably sensible (and actionable for any very large windfall) suggestion: https://slate.com/human-interest/2018/10/mega-millions-lottery-winner-guide-advice.html TL;DR: Use it to start a charitable donation that can protect you from taxes, keep you from blowing it all, hello you p...
by Tamarind
Wed Oct 24, 2018 3:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 8537
Views: 1669651

Re: U.S. stocks in freefall

I'm out until DOW drops to 16,000. Short-term treasuries are the place to be. You may be waiting for Godot. What happens if it's 2020 and the Dow is still nowhere near 16,000? My dad threatened to do this in Jan 2016. Swore he'd stay 100% in stable value funds until the Dow hit 14k. Good thing I ta...
by Tamarind
Wed Oct 24, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Considering Leaving Vanguard [due to incompatibility with Mint]
Replies: 8
Views: 975

Re: Considering Leaving Vanguard [due to incompatibility with Mint]

I was expecting to have trouble with this, but Mint and Personal Capital continue to update just fine even though I've enable MFA.
by Tamarind
Tue Oct 23, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: For those who paid off house - how did you do it?
Replies: 97
Views: 7737

Re: For those who paid off house - how did you do it?

I am a little over halfway to option #1. However I am not paying it off "early". My first mortgage was a 15 year fixed and I just decided I would finish paying mortgage debt at 15 years. The first few years I contributed nothing extra. Once I reached the point where my wife and I could max out all o...
by Tamarind
Thu Oct 11, 2018 5:15 am
Forum: Investing - Theory, News & General
Topic: When will you backup the truck on stocks
Replies: 102
Views: 9945

Re: When will you backup the truck on stocks

My wife procrastinated on making her Roth IRA contribution for 2018, and I'm encouraging her to go ahead and do it. She'll be buying mostly international equities, because that's what we've allocated to her Roth. We're a smidge underweight in them currently, but not enough to trigger rebalancing. We...
by Tamarind
Fri Oct 05, 2018 8:35 am
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 216
Views: 15758

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

Compared to SoCal (where my S-I-L lives) I would say NC has SoCal beat hands down in affordability of homes, culture (especially high culture), parking facilities and crime. You totally had me until "high culture!" What the heck is high culture and how could NC ever have anything remotely resemblin...
by Tamarind
Fri Oct 05, 2018 5:22 am
Forum: Investing - Help with Personal Investments
Topic: 47yo funded college, paid house, maxed retirement...now what?
Replies: 22
Views: 2838

Re: 47yo funded college, paid house, maxed retirement...now what?

What percentage of your gross income did you spend last year on things other than mortgagee and retirement/non-retirement savings? If you have enough to retire, but you like your work, do a little more pro bono work. Or get more selective to tip your work towards the kind of cases you most enjoy wor...
by Tamarind
Thu Oct 04, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Entering Late In Life
Replies: 21
Views: 2386

Re: Entering Late In Life

Glad you found us, OP. Keep breathing deep. I would suggest you revisit the idea that rent is "throwing money away". People say that a lot casually without really thinking it through. Rent money gets you more than just a place to live: *You also get freedom from having to pay for maintenance costs o...
by Tamarind
Wed Oct 03, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: For those of you in the Accumulation Phase - How often do you check?
Replies: 81
Views: 9467

Re: For those of you in the Accumulation Phase - How often do you check?

I check my aggregation app daily because I review all transactions on my CC and bank account. In doing so I'm also exposed to a chart so I see the total balance every day. If there's a sharp jump or dip (it takes at least 2% to really stand out) I'll sometimes look to see what moved. "Oh, internatio...
by Tamarind
Wed Oct 03, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Help me help my parents with Medicare/Medigap, ACA, and Roth conversion questions
Replies: 6
Views: 734

Re: Help me help my parents with Medicare/Medigap, ACA, and Roth conversion questions

Picking up on Celia's comments: In addition, I suggest you (or they) list their expected income sources and income amounts for each year from 2019 through your mom being age 71. Then estimate the taxes for each year. They will need to have some income to qualify for an ACA plan but having too much ...
by Tamarind
Mon Oct 01, 2018 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Help me help my parents with Medicare/Medigap, ACA, and Roth conversion questions
Replies: 6
Views: 734

Help me help my parents with Medicare/Medigap, ACA, and Roth conversion questions

Hi folks, my mother is very excited to retire at the end of this year. However she is surprised by how complex and expensive health insurance looks to be. I've been helping them make plans for investments and timing social security, but Medicare math is completely new to me so I could use some help....
by Tamarind
Thu Sep 27, 2018 6:54 pm
Forum: Personal Consumer Issues
Topic: Anyone ever tired of managing hair and consider shaving to go bald
Replies: 59
Views: 4437

Re: Anyone ever tired of managing hair and consider shaving to go bald

I have been considering it now and then, but the fear or social stigma especially in the work place is keeping me away from doing it. Not to speak of unspeakable horrors at home from my spouse and kids. But, I want to feel free sometimes of the hair, and at least for once try it. Has anyone else tr...
by Tamarind
Wed Sep 26, 2018 6:15 am
Forum: Personal Consumer Issues
Topic: Anyone ever tired of managing hair and consider shaving to go bald
Replies: 59
Views: 4437

Re: Anyone ever tired of managing hair and consider shaving to go bald

I don't shave bald because it looks funny on me, but I trim my whole head with a 1-gauge every couple weeks. I just like it best that way. Every office I've worked in had had at least one guy or gal who shaved bald, whether as a response to awkward hair loss or just for personal preference. Just try...
by Tamarind
Wed Sep 26, 2018 6:08 am
Forum: Personal Consumer Issues
Topic: How and When to Tell a Prospective New Employer about a Needed Disability Accommodation
Replies: 14
Views: 1627

Re: How and When to Tell a Prospective New Employer about a Needed Disability Accommodation

Agreed you should wait until after the offer. This is part of the non-contractual minutia that gets worked out between offer and start day. Bone up on the law so you can calmly push back if they suggest you ought to buy your own standing desk. It's not a big deal at most tech companies, but some are...
by Tamarind
Tue Sep 25, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Flu shot reaction? Getting flu shot this year?
Replies: 69
Views: 2402

Re: Flu shot reaction? Getting flu shot this year?

I've never had a serious reaction though I've gotten the shot every year for decades. As a person with reduced lung function I rely upon both the shot and herd immunity to reduce my odds of dying from influenza or influenza-related pneumonia. I also lost a dear friend to complications of the flu. So...
by Tamarind
Tue Sep 25, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Rolling vested pension into IRA
Replies: 6
Views: 401

Re: Rolling vested pension into IRA

If this is a cash balance plan (what many pensions have been turned into over the last 20 years) you can definitely just roll it into a tIRA without tax gotchas. I'll leave it to others with more direct experience to weigh in on whether it's best to have a separate rollover IRA or roll it into the s...
by Tamarind
Tue Sep 18, 2018 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 45
Views: 2875

Re: Bank of America credit card “feature” (be careful with autopay)

I agree that it will take a quick phone call to fix this. Even if you do not call, they will likely send you a check next month. I think it is due to some anti money laundering law. I agree that it's best to call. I accidentally did this with a much smaller amount (~$120) as I was swapping to new c...
by Tamarind
Tue Sep 11, 2018 7:24 am
Forum: Personal Consumer Issues
Topic: Hurricane Florence - survival guide
Replies: 87
Views: 6724

Re: Hurricane Florence - survival guide

Picked up an extra quart of stove fuel yesterday though I expect it'll stay sealed until a few camping trips from now. I always have a week of non perishable food on hand. Unfortunately we got a lot of rain here last night and more showers expected next day or so, so the ground will be saturated eve...
by Tamarind
Sun Sep 09, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: $250,000 family loan to parents?
Replies: 50
Views: 4684

Re: $250,000 family loan to parents?

I'd advise against it. Needing the money to move will incentivize them to fix the house and get it sold in good order. They can get a short term rental if they need one to bridge. I'm currently watching my parents after they moved to a smaller apartment before starting to prepare their home for sale...
by Tamarind
Fri Sep 07, 2018 6:59 am
Forum: Personal Consumer Issues
Topic: Car Shopping, Seem to lose my Boglehead way each time help!!
Replies: 37
Views: 3037

Re: Car Shopping, Seem to lose my Boglehead way each time help!!

I agree you are trading too quickly. 9-10 years would be impressive if you drove more, but you don't, so from my POV that 2011 is nearly new. I also buy new, but I don't care about trade-in or resale value, because I want to get all but the scrap value out of each car. Keep them until 150k+. If they...
by Tamarind
Fri Sep 07, 2018 6:02 am
Forum: Personal Finance (Not Investing)
Topic: Could One Work For Edward Jones and Put Clients in Boglehead Portfolios?
Replies: 34
Views: 4370

Re: Could One Work For Edward Jones and Put Clients in Boglehead Portfolios?

Articles taking down the Edward Jones model by exposing the way they treat their customers often also highlight the situation of their advisors, who have less working autonomy than many front line corporate salesperson. The portfolios are dictated (along with the coffee, the handouts, and your suit)...
by Tamarind
Thu Sep 06, 2018 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: To Be or Not to Be...Married
Replies: 135
Views: 5088

Re: To Be or Not to Be...Married

OP, I understand why you’d want to “run the numbers” about getting married, but I’d like to encourage you to go ahead and do it regardless of the numbers. I love being married and it gives you benefits you don’t realize. Congratulations. B Could you elaborate more on the benefits? I am committed to...