Search found 133 matches

by TSWNY
Fri Dec 06, 2019 7:30 pm
Forum: Personal Investments
Topic: NYSDCP 457B/Roth457 Limits
Replies: 1
Views: 102

NYSDCP 457B/Roth457 Limits

My employer just recently added the Roth 457 option to our plan. I should know this answer, but am I limited to $19,500 (for 2020) for both combined or is it $19,500 for each? Right now I am splitting the $19,000 between the two options. Thanks.
by TSWNY
Wed Sep 04, 2019 7:04 am
Forum: Personal Investments
Topic: Three fund portfolio but no choice for total stock market
Replies: 11
Views: 703

Re: Three fund portfolio but no choice for total stock market

Just use the Fidelity S&P500 fund. I have the same situation within my 457B account and use BlackRock S&P fund. At an expense of 0.01 I'll take it!
by TSWNY
Sun Jun 02, 2019 11:39 am
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 11266

Re: How did you all do in the month of May, 2019

I haven't checked all month and this thread got me thinking......so I checked.......and now I can't remember what the number was 30 days ago. I think I've turned a new corner and I'm starting to relax more.
by TSWNY
Sun Apr 28, 2019 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Unique Hit and Run Situation
Replies: 40
Views: 4930

Re: Unique Hit and Run Situation

Agree with filing police report. Disclosures about holders of handicapped license plates may be subject to HIPAA privacy laws. Law enforcement may need to file a request to obtain info. No, HIPAA privacy laws and license plates have nothing in common. Nothing about the license plate will disclose a...
by TSWNY
Sun Apr 28, 2019 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Unique Hit and Run Situation
Replies: 40
Views: 4930

Re: Unique Hit and Run Situation

I can't speak for every jurisdiction, but years ago when someone hit my old truck in a parking lot the police said it was not a crime. Only hit and run on the public streets came under that. A lot is private property. They did run the plates for us and gave us the information. Either the police off...
by TSWNY
Wed Apr 17, 2019 6:43 am
Forum: Personal Investments
Topic: How often do you check up on your investments?
Replies: 35
Views: 2507

Re: How often do you check up on your investments?

I log onto Mint pretty much every day, but that is mainly to check my checking/credit card for any fraudulent activity. I tend to check less often during down turns in the market because I only re-balance one a year.
by TSWNY
Tue Jan 29, 2019 8:22 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 412
Views: 47520

Re: What lifestyle creep made you happier?

thrifty_one wrote:
Mon Jan 28, 2019 10:20 pm
top-tier craft , fresh IPA beer in a growler for every weekend.. is it Friday yet?
Same for me, but I also keep a 6 pack of cans in the fridge for Monday through Thursday.
by TSWNY
Wed Jan 16, 2019 12:23 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 218
Views: 19202

Re: Are You Dumping Netflix?

Netflix going up $2 a month is not enough for me to even notice. We get so much value out of Netflix that $12.99 is a steal for us and if it every stressed me out that much ten maybe I would just buy one less 6-pack of my favorite IPA a month.
by TSWNY
Wed Nov 28, 2018 12:14 pm
Forum: Personal Investments
Topic: My mutual funds are declining, please help!
Replies: 54
Views: 5482

Re: My mutual funds are declining, please help!

If you are truly in it for the long haul then I wouldn't......And I'm not myself either. But was is the long haul for you and what would you do with it if you did sell it now?
by TSWNY
Thu Nov 08, 2018 2:09 pm
Forum: Personal Investments
Topic: New job, new 401k
Replies: 14
Views: 1630

Re: New job, new 401k

Time in the market is always better than timing the market. You probably have 20,25,30 more years of working, right? Over that time you are going to see many many market "highs". Set an asset allocation that you feel comfortable with and start contributing now.
by TSWNY
Tue Nov 06, 2018 7:41 pm
Forum: Personal Investments
Topic: 403B, is mine even worth it?
Replies: 10
Views: 990

Re: 403B, is mine even worth it?

We switched my wife's 403b to Aspire after she got conned into The Legend Group and then AXA.....Don't ask. Anyways, Aspire is by far the best choice that you have and worth it in my opinion. Aspire has all the Vanguard funds and once you get enough deposited you can get the Admiral Funds. There is ...
by TSWNY
Mon Aug 20, 2018 5:10 pm
Forum: Personal Consumer Issues
Topic: Reckless driving ticket in VA-Help!
Replies: 124
Views: 8342

Re: Reckless driving ticket in VA-Help!

Thank you for the quick replies! Yes- Clean record otherwise. First ticket in Virginia and no tickets since last 5.5 years! No DUI. My main worry is 'reckless driving' seems to be crime in VA - which may affect any job changes or Secret Clearance needed for Govt jobs here! Thanks for any further in...
by TSWNY
Wed Jul 11, 2018 9:28 am
Forum: Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 189
Views: 41352

Re: $13 Million Goal for Early Retirement (am I crazy?)

You went with 4 target date funds to give yourself a better glide path? That's the whole purpose of having one single target date fund.
by TSWNY
Mon Jul 09, 2018 11:10 am
Forum: Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 189
Views: 41352

Re: $13 Million Goal for Early Retirement (am I crazy?)

Just out of curiosity, what is your rational for your Roth account? 4 target date funds, the S&P and TSM?
by TSWNY
Wed Jun 27, 2018 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: How many months of living expenses would you keep in your bank.
Replies: 61
Views: 4549

Re: How many months of living expenses would you keep in your bank.

Checking - 1 month Vanguard Prime Money Market - 2 months and adding some every month Taxable Account - 4 years We both have extremely stable jobs with good salaries. The money market account is really just for psychological security and incase anything pops up like needing a new home AC unit or som...
by TSWNY
Fri Jun 22, 2018 11:28 am
Forum: Personal Finance (Not Investing)
Topic: What do you include in your grocery budget?
Replies: 36
Views: 2097

Re: What do you include in your grocery budget?

We don't really have a grocery budget, we just go and get what we need and what we want. I think that was the moment when I realized we did not have any financial issues....the first time we went grocery shopping and didn't really care about the cost of the items we were buying. I do always factor i...
by TSWNY
Sat Jun 16, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Accident Settlement
Replies: 10
Views: 2150

Re: Auto Accident Settlement

First thing you need to do is consult with an attorney before accepting any offers. My wife is going through a similar thing, except she was rear ended by a commercial garbage truck and then pushed into a boat (don't ask). My has some minor lingering injuries and we might finally start the litigatio...
by TSWNY
Mon Jun 11, 2018 6:32 am
Forum: Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 65
Views: 7096

Re: Strategy for a prolonged bear market

I think my Plan B is to not really try and pay attention. DW and I both have good paying recession proof jobs with pensions. We max out all our retirement options and have been doing so for a couple of years now, so I think we have saved enough now combined with 15-20 years before retirement to ride...
by TSWNY
Wed Jun 06, 2018 10:43 am
Forum: Personal Investments
Topic: Teacher 403b TSA HELP Please!
Replies: 9
Views: 870

Re: Teacher 403b TSA HELP Please!

Look into Aspire. We got my wife out of The Legend Group and then AXA and into Aspire. They were by far the best choice out of her options at the time until her district finally wised up and got with NYSDCP 457. Aspire will give you access to all the Vanguard funds that are offered.
by TSWNY
Sat Jan 06, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: How much are you putting in a 529?
Replies: 111
Views: 13599

Re: How much are you putting in a 529?

We live in NY and use the NY Plan for both kids (3 and 1). NY allows for a deduction up to $10,000 per year on state taxes, so each girl is getting $5,000 per year.
by TSWNY
Tue Jan 02, 2018 11:39 pm
Forum: Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 124
Views: 20508

Re: Changes to NYS Deferred Compensation Plan

For those who are participants in the plan: I'm considering doing some rebalancing with this account. I need to increase my fixed income asset allocation and am considering using the Blackrock US Debt Index Fund (CIT). From what I can see it is pretty similar to Vanguard Total Bond Market Index Fun...
by TSWNY
Sun Dec 31, 2017 11:50 am
Forum: Personal Investments
Topic: Curiosity: Blackrock
Replies: 18
Views: 2477

Re: Curiosity: Blackrock

My 457B plan got rid of Vanguard Institutional Funds this summer and went with BlackRock CIT's. So far I've been happy and they are cheaper than Vanguard. For the S%P 500 index fund I pay 0.01%, Russell 2500 Index 0.02 and Total US Bond Fund 0.02.
by TSWNY
Fri Dec 22, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: Uber vs Ambulance - HUGE cost difference
Replies: 85
Views: 12653

Re: Uber vs Ambulance - HUGE cost difference

My Parents are both 90 plus years old and live 5 houses from the hospital. We have had to call the ambulance many times through the years and the cost was $1200-$1600 each time. Luckily they have excellent secondary insurance and they paid nothing out of pocket. I can do one better. Long story shor...
by TSWNY
Sun Dec 17, 2017 12:02 pm
Forum: Personal Investments
Topic: Dividends
Replies: 40
Views: 4888

Re: Dividends

I do not. I just send them all to my settlement account and then transfer them to my ROTH IRA. Taxable account is the last thing I fund.
by TSWNY
Wed Dec 13, 2017 12:46 pm
Forum: Personal Investments
Topic: "Total US Market" with 2 Vanguard Funds in 401k
Replies: 2
Views: 375

Re: "Total US Market" with 2 Vanguard Funds in 401k

I have the same situation and use 85% S%P and 15% small cap.
by TSWNY
Sun Nov 26, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 11951

Re: What did you do right?

Save 30-35% of our gross income.
Spent several months reading all I could on this forum and then fired our financial advisors.
by TSWNY
Sun Nov 12, 2017 11:49 pm
Forum: Personal Investments
Topic: 403(b) - pushing annuity?
Replies: 14
Views: 1781

Re: 403(b) - pushing annuity?

Here are the options. I'd appreciate any advice on which is best. Thank you. AMERICAN CENTURY SERVICES LLC ASPIRE FINANCIAL SERVICES AXA EQUITABLE LIFE INSURANCE COMPANY CONFIDENTIAL PLANNING - SMART CHOICE FORESTERS FINANCIAL (FIRST INVESTORS) GWN/EMPLOYEE DEPOSIT ACCT MASS MUTUAL VA METLIFE NY LI...
by TSWNY
Fri Oct 20, 2017 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Finally a win for teachers!! [403(b) modified to add funds]
Replies: 33
Views: 3814

Re: Finally a win for teachers!!

Well done. My wife is a teacher and for many years they were stuck with horrible, crazy high cost providers. They finally got NYS Deferred Comp when they got their new contract last year. I can't believe how bad teachers all across the country are getting worked over by these ultra high fee provide...
by TSWNY
Thu Oct 19, 2017 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Finally a win for teachers!! [403(b) modified to add funds]
Replies: 33
Views: 3814

Re: Finally a win for teachers!!

Well done. My wife is a teacher and for many years they were stuck with horrible, crazy high cost providers. They finally got NYS Deferred Comp when they got their new contract last year. I can't believe how bad teachers all across the country are getting worked over by these ultra high fee provider...
by TSWNY
Mon Oct 16, 2017 11:53 am
Forum: Investing - Theory, News & General
Topic: Life-insurance for young couple. Advice?
Replies: 23
Views: 3811

Re: Life-insurance for young couple. Advice?

I got a 20 year term policy a few years ago after my first child. My wife has a good job and health care if she needs it, so I just got it to pay off the house and kids college if needed. I pay $31 a month for $500,000. I work in a high risk field, so it's a good move for my family. My agent tried t...
by TSWNY
Mon Oct 09, 2017 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Mint - Issues with showing my account details
Replies: 15
Views: 2867

Re: Mint - Issues with showing my account details

I've been using Mint for about 2 years now and in the beginning it was a little goofy, but the last year it's been good. That is up until about 3 days ago when all my stuff from Vanguard went haywire. For some reason it is duplicating all my Vanguard accounts. I'm hoping they get this straightened o...
by TSWNY
Fri Oct 06, 2017 10:38 am
Forum: Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 124
Views: 20508

Re: Changes to NYS Deferred Compensation Plan

Is anyone else surprised at how disappointing the funds are performing? Maybe it's just me and my AA, but in a time when the market continues to grow and hit all-time highs, my YTD gains aren't as high as I was expecting. Whats your AA? I'm 55% Large Cap, 15% Russell 2500 and 30% bond. All in the n...
by TSWNY
Fri Oct 06, 2017 7:57 am
Forum: Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 124
Views: 20508

Re: Changes to NYS Deferred Compensation Plan

how is everyone making out with this a few months in.... i was just looking over the full listings and checking ERs...i'm unsure why but. NYSDCB RUSSELL 2500 2.25 NYSDCB Equity Index 0.84 NYSDCB Debt Index 1.98 .... whaaaaaaat. What the.....!!!!!! I just noticed this as well. I'm calling my account...
by TSWNY
Fri Oct 06, 2017 7:22 am
Forum: Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 124
Views: 20508

Re: Changes to NYS Deferred Compensation Plan

how is everyone making out with this a few months in.... i was just looking over the full listings and checking ERs...i'm unsure why but. NYSDCB RUSSELL 2500 2.25 NYSDCB Equity Index 0.84 NYSDCB Debt Index 1.98 .... whaaaaaaat. What the.....!!!!!! I just noticed this as well. I'm calling my account...
by TSWNY
Wed Sep 27, 2017 12:53 pm
Forum: Personal Consumer Issues
Topic: Suggestions for a rowing machine
Replies: 26
Views: 1780

Re: Suggestions for a rowing machine

Concept 2 is the only way to go. Just bite the bullet and don't even bother with anything else.
by TSWNY
Wed Sep 27, 2017 12:47 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 18281

Re: The Rolex and The Boglehead

I wear a nice Tag Heuer that was a wedding gift from my Wife. It's the only expensive piece if jewelry that I own.
by TSWNY
Thu Sep 21, 2017 7:04 pm
Forum: Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 31050

Re: I won the Lottery. Need sound advice.

Chuck wrote:
Wed Sep 20, 2017 11:56 pm
In OP's defense, "2 chicks at once" is a movie quote, and didn't sound like a serious objective.
I think some of these guys have a case of the Mondays.
by TSWNY
Fri Sep 08, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: CIT online savings offer up to 100k, at 1.35%
Replies: 4
Views: 730

Re: CIT online savings offer up to 100k, at 1.35%

Redneck Megamoney is 1.5% up to $35k. On the lower money end, DCU, primary savings is 5.12% up to $1,000 now. I had to look this one up. I thought it was a joke, but it's real. I like the 1.5%, but the name and the misspellings don't inspire confidence. I guess I'm just all business when it comes t...
by TSWNY
Sun Aug 20, 2017 9:07 am
Forum: Personal Investments
Topic: Teacher 403(b) signup - any tips?
Replies: 18
Views: 2776

Re: Teacher 403(b) signup - any tips?

If you guys are living on just a fraction of your salary and you're looking to shelter as much as possible then have her max out both the 457 and 403b.
by TSWNY
Thu Aug 10, 2017 11:56 am
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 21439

Re: What Percentage CASH are you?

3%-4% but I'll probably bump that up a little.
by TSWNY
Tue Jul 25, 2017 10:41 am
Forum: Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 124
Views: 20508

Re: Changes to NYS Deferred Compensation Plan

i hate that i can't really get a combined portfolio view ( i had my 457 as outside investments on vanguard....) now that the funds are not on the exchange. You still can, it's just not as convenient. I just created a category as "Stocks" and one as "Bonds" and then manually update the totals every ...
by TSWNY
Mon Jul 10, 2017 11:16 am
Forum: Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 124
Views: 20508

Re: Changes to NYS Deferred Compensation Plan

How is everyone's transition going? I guess I don't see any issues on my end yet. I did notice that all share prices are $10.00 though. I'm in the BlackRock S&P500, Russell 2500 and the Bond index funds.
by TSWNY
Mon Jun 19, 2017 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement checkup for 38 year old
Replies: 21
Views: 4427

Re: Early retirement checkup for 38 year old

Why are you retiring from LE so young? I'm in the same profession, so I'm sure I'll understand your thought process. Can you work longer and increase your pension or do you max out after 24 years? I personally would need more of a cushion to pull the plug. I would strongly suggest you max out all yo...
by TSWNY
Thu May 25, 2017 11:50 pm
Forum: Investing - Theory, News & General
Topic: Market News Feeds Worth Reading?
Replies: 22
Views: 2906

Re: Market News Feeds Worth Reading?

I keep Bloomberg on in the background while I'm chasing the kids around the house, but only because I can't stand CNBC or Fox Business News. I don't make any decisions based on what any of them say. I'm confident in investing in low cost index funds (3 fund portfolio), particularly the US , because ...
by TSWNY
Fri May 19, 2017 9:14 am
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 17700

Re: For those with $500k-$1m in investments...

Age: 37/30
We are about 60% tax advantaged and 40% taxable.
by TSWNY
Fri May 05, 2017 8:28 am
Forum: Personal Investments
Topic: Scholarshare California 529 plan not paying dividends
Replies: 6
Views: 1010

Re: Scholarshare California 529 plan not paying dividends

NYS 529 Plan is the same way. I'm in the Aggressive Growth Fund for both of my kids which is 70% Vanguard TSM and 30% Vanguard Total Int. No ticker symbol, no dividend payout and a total ER of 0.16%
by TSWNY
Thu May 04, 2017 8:47 am
Forum: Personal Investments
Topic: 403b vs 457
Replies: 42
Views: 5158

Re: 403b vs 457

Hi all, I'm a teacher in Western New York and I'm completely overwhelmed by the sheer number of options/facets with 403b's. I'm also cross-posting this in 403bwise just to get the most info out there. I'd like to start putting away some money to supplement my pension for retirement, however, I also...
by TSWNY
Wed May 03, 2017 9:31 am
Forum: Personal Investments
Topic: Confidence in NY state pension, 403b, 457
Replies: 16
Views: 2009

Re: Confidence in NY state pension, 403b, 457

I've been in Deffered Comp for 10 years and I'm not worried about it at all. I've got about 18 or so years left. I'm more concerned about the upcoming State Constitution vote and so should you. Put Defered comp concerns on the back burner for now and focus on getting everyone you know educated about...
by TSWNY
Wed May 03, 2017 9:22 am
Forum: Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 124
Views: 20508

Re: Changes to NYS Deferred Compensation Plan

I'm thinking of leaving the NYSDCP because of these changes and rolling over my funds into a Vanguard 401k. I like Vanguard's transparency and simplicity. What is the main benefit of the 457b vs 401k? Is it the lack of a 10% early withdrawal penalty if I retire before 59 1/2 yrs? If I do not plan t...
by TSWNY
Tue May 02, 2017 5:38 pm
Forum: Personal Investments
Topic: Changes to NYS Deferred Compensation Plan
Replies: 124
Views: 20508

Re: Changes to NYS Deferred Compensation Plan

I'm thinking of leaving the NYSDCP because of these changes and rolling over my funds into a Vanguard 401k. I like Vanguard's transparency and simplicity. What is the main benefit of the 457b vs 401k? Is it the lack of a 10% early withdrawal penalty if I retire before 59 1/2 yrs? If I do not plan t...