Search found 83 matches

by malbecman
Thu Feb 07, 2019 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Facilities Management Career Path?
Replies: 6
Views: 580

Re: Facilities Management Career Path?

Here's a recent posting for the Director of Facilities at our Vet School (UC Davis). This would be the top position but you
can see it pays well and get an idea of the skills needed.

https://www.employment.ucdavis.edu/appl ... gId=392775
by malbecman
Wed Jan 30, 2019 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: How do early retirees get health insurance in the US?
Replies: 22
Views: 2842

Re: How do early retirees get health insurance in the US?

Something to keep in mind is that healthcare costs in the US are very region specific. What works in Northern CA doesnt work in Central or South CA, for instance (or even far north CA which has a much more rural population). Everyone needs to run their own numbers. Once you are on Medicare, a lot of...
by malbecman
Tue Oct 16, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Any good 2018 CA tax calculators out there?
Replies: 7
Views: 805

Re: Any good 2018 CA tax calculators out there?

ladycat wrote:
Wed Oct 03, 2018 6:42 pm
I have no knowledge of whether this site is good or not, but there appear to be CA tax planner spreadsheets that you can download for many tax years, including 2018.
http://www.taxvisor.com/taxes/
Thanks Ladycat, these look great!
by malbecman
Fri Oct 12, 2018 6:28 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 338
Views: 23814

Re: Talk me out of buying a Tesla Model 3

investor997 wrote:
Fri Oct 12, 2018 6:26 pm
WHOA - Tesla just called me and they said they'll have my car ready for delivery the Monday after next. Bam!
Dang! Double congrats!!!!
by malbecman
Fri Oct 12, 2018 6:18 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 338
Views: 23814

Re: Talk me out of buying a Tesla Model 3

Congrats, am considering pulling the trigger myself this weekend on a M3D but blue with white interior.....
by malbecman
Tue Oct 09, 2018 5:12 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 338
Views: 23814

Re: Talk me out of buying a Tesla Model 3

[/quote] So what? The cars and mfgs you are comparing it to sell in almost every market. More importantly, there is a difference between fulfilling 2-3 years of pent up, subsidy driven ( OP a perfect example) demand and ongoing flow. Let’s see how many Tesla’s are sold in July 2019. [/quote] You mea...
by malbecman
Tue Oct 09, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 338
Views: 23814

Re: Talk me out of buying a Tesla Model 3

OP- There is no doubt you can afford a model 3. I'd recommend a model S if you are going to buy a Tesla. But, Tesla will enter bankruptcy before the calendar reaches 2019. No doubt about it. If you're okay with that, buy the car. Enjoy it man. Nice financial stats too. Well done. Uhhhh, really? The...
by malbecman
Wed Oct 03, 2018 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Any good 2018 CA tax calculators out there?
Replies: 7
Views: 805

Re: Any good 2018 CA tax calculators out there?

CA has a tax calculator of ftb website https://webapp.ftb.ca.gov/taxcalc/calculator.aspx?Submit=2017+Tax+Calculator&Lang=english&redirectURL=OTC This is a 2017 calculator but should be reasonably close since CA has not changed tax laws like Fed. However input required is CA taxable income. You can ...
by malbecman
Wed Oct 03, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Any good 2018 CA tax calculators out there?
Replies: 7
Views: 805

Re: Any good 2018 CA tax calculators out there?

FiveK wrote:
Tue Oct 02, 2018 7:46 pm
Do any of https://www.google.com/search?q=califor ... calculator work for you?
Thanks, I tried a lot of those...mostly really basic ones that I was trying to avoid.
by malbecman
Tue Oct 02, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Any good 2018 CA tax calculators out there?
Replies: 7
Views: 805

Any good 2018 CA tax calculators out there?

Most of the ones I can seem to find only have a few simple inputs. I'm looking for a more complex one that will accept
additional inputs like dividends, cap. gains, pensions, rental income, etc. Basically the adjustments from Schedule 540....
I'm looking to model some tax scenarios. Thanks.
by malbecman
Thu Aug 02, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Should I count rental equity towards our retirement number?
Replies: 9
Views: 622

Re: Should I count rental equity towards our retirement number?

That's a good point and I can quantify them a bit. Pension income goes up by $327 (age 51), $351 (52) and then $375 (53) per month. etc Its a sigmoidal shaped curve but at the tender age of 50, the increases are small...they really ramp up around 57 - 65. I'm hoping for ~5% total stocks and bonds re...
by malbecman
Thu Aug 02, 2018 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Should I count rental equity towards our retirement number?
Replies: 9
Views: 622

Should I count rental equity towards our retirement number?

Long and short. My wife and I are considering early retirement (early 50s). Just counting our stocks, bonds and cash we are at 27x expenses (yes, healthcare is included). Some variability there as we still have 1 kid at home and we also recognize our good position and occasionally splurge. However, ...
by malbecman
Tue Jul 31, 2018 1:37 pm
Forum: Personal Investments
Topic: Bond Tent strategy and AA for early retirement
Replies: 3
Views: 522

Re: Bond Tent strategy and AA for early retirement

I think you don't need to change a thing. I am early retired and have no bond funds in taxable. Also allocation is about 30% bonds. I don't care about portfolio swings either. May I ask why you care about them? They are not going to affect your ability to retire nor the long-term viability of your ...
by malbecman
Tue Jul 31, 2018 12:09 pm
Forum: Personal Investments
Topic: Bond Tent strategy and AA for early retirement
Replies: 3
Views: 522

Bond Tent strategy and AA for early retirement

So this is more of a general strategy question. My wife and I currently have sufficient assets after careful saving to consider early retirement in 2 yrs in our early 50s. Current AA is 70% Equities and 25% bonds, 5% cash. We currently also have ~2.2x in our taxable accounts vs tax-deferred (didnt k...
by malbecman
Mon Jun 11, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Moved Family Across Country for New Job and Job is now gone
Replies: 27
Views: 6765

Re: Moved Family Across Country for New Job and Job is now gone

Was there an offer letter or email? Something in writing? Save it!
by malbecman
Wed May 16, 2018 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Need Input on My Early Retirement Plan.....
Replies: 45
Views: 6079

Re: Need Input on My Early Retirement Plan.....

You mention buying a new car for 25K. Do you have future allocations for cars in 5 or 10 years or do you fund that out of your 70K living expense (eg, set aside 2.5K/yr for ten years)?

I point this out as 25K is ~0.8% of your net worth so not a huge expense but something to consider.
by malbecman
Thu Mar 15, 2018 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice Rental Property -- Rent not covering PITI
Replies: 18
Views: 1947

Re: Need Advice Rental Property -- Rent not covering PITI

SPOUSE 2 says: The rent is paying down the mortgage and we have no housing expenses overseas, so the loss does not matter This is not a logical argument. You are losing money every month and only paying the bank their interest at this point....if you sold the house, you would have more $ every month...
by malbecman
Wed Mar 14, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Cash out inherited IRA or just take RMD's?
Replies: 19
Views: 2276

Re: Cash out inherited IRA or just take RMD's?

My wife just inherited part of an IRA from her mom (the bulk went to dad who is still living). She took the RMDs as its like a nice $650 check every year in December and can use it to enjoy the holidays with family and also make some donations to orgs they both liked such as the SPCA. She knows her ...
by malbecman
Tue Mar 06, 2018 6:13 pm
Forum: Personal Investments
Topic: $150K to invest
Replies: 12
Views: 2084

Re: $150K to invest

What is your long term goal (or goals perhaps) for this money? Knowing your time horizon will help.
I think you will find useful answer about portfolios in the wiki.

https://www.bogleheads.org/wiki/Main_Page
by malbecman
Thu Feb 22, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement strategy for wife
Replies: 18
Views: 2929

Re: Early retirement strategy for wife

Speaking as a dad with 2 grown kids, I would expect your expenses to grow with your child...sports, music, food, etc. This looks pretty risky to me. Can your wife go PT? My wife was 50% the first 15 yrs of our kids lives and it was nice having that backstop. Now she's 100% and glad she kept an oar i...
by malbecman
Wed Feb 14, 2018 7:17 pm
Forum: Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 14265

Re: Did you learn anything from the market correction?

It really is a random walk. Here it is, Feb 14th and the SP500 index closed up 0.94% YTD (but these last ~6 weeks were a pretty wild ride.) :D
by malbecman
Wed Jan 31, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Top 1% Net Worth Under 30 Years Old
Replies: 13
Views: 6605

Re: Top 1% Net Worth Under 30 Years Old

This calculator does not break it down by age but gives your wealth percentile in the US (can chose with our without home equity)

https://dqydj.com/net-worth-percentile- ... ed-states/

Looks like you'll need to be at 10M to be in the top 1%.
by malbecman
Fri Jan 26, 2018 6:15 pm
Forum: Investing - Theory, News & General
Topic: Bond Portfolio for High Net Worth Individuals - Different Rules?
Replies: 67
Views: 9118

Re: Bond Portfolio for High Net Worth Individuals - Different Rules?

Here's a net worth percentile in the US calculator using 2016 data (so a little out of date but still gives you an idea) https://dqydj.com/net-worth-percentile-calculator-united-states/ $1,000,000 net worth is 88th percentile $2,000,000 is 93.5th I assume this includes your primary residence (it doe...
by malbecman
Tue Jan 09, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Math - What I am not thinking of?
Replies: 26
Views: 4703

Re: Early Retirement Math - What I am not thinking of?

I'm assuming funds for your child's education have been factored into this; I have no idea how much costs for education are in your home country. Living off dividends is a whole other discussion. People like to think of dividends as steady payments like bonds. They aren't. the idea of living off di...
by malbecman
Mon Jan 08, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Overwhelmed with how to handle taxes on large inherited portfolio.
Replies: 24
Views: 2101

Re: Overwhelmed with how to handle taxes on large inherited portfolio.

As alluded to, you can pay Vanguard for the Personal Advisor Services (PAS) for 0.3% AUM (or $6K annually for you )plus the amounts each mutual fund charges (which are some of the lowest in the business). With 2M, you should be eligible for their lower cost Admiral funds which are basically mirrors ...
by malbecman
Thu Dec 14, 2017 7:08 pm
Forum: Personal Consumer Issues
Topic: Honda Pilot vs Toyota Highlander?
Replies: 88
Views: 21872

Re: Honda Pilot vs Toyota Highlander?

cheesepep wrote:
Mon Dec 19, 2016 7:04 pm
Just make sure it comes with Carplay/Android auto. It's a deal breaker for me.
Toyota went their own route with the whole infotainment system.. AFAIK, they still do not offer either CarPlay or Android Auto, even on 2018s.
by malbecman
Wed Dec 13, 2017 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on Crypto Currency Short-Term Profit
Replies: 8
Views: 1385

Re: Taxes on Crypto Currency Short-Term Profit

Now if you had only invested $1M! :moneybag :)
by malbecman
Wed Dec 13, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Thanks! We just let our VG PAS advisor go...
Replies: 14
Views: 4007

Re: Thanks! We just let our VG PAS advisor go...

No surprise there is no hard sell. I think they're salaried aren't they? I get the impression it's run at cost like anything else at Vanguard. Right...we also had no hard sell once we told our advisor we wanted to end the relationship. I was wondering about their compensation...if it was pure salar...
by malbecman
Mon Dec 11, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Thanks! We just let our VG PAS advisor go...
Replies: 14
Views: 4007

Re: Thanks! We just let our VG PAS advisor go...

I did it via phone...we had just wrapped up our quarterly summary talk when we told him we were no longer interesting in using PAS...tried to make sure he understood it was just business and not a personal assessment of his abilities.
by malbecman
Fri Dec 08, 2017 2:26 pm
Forum: Personal Investments
Topic: Help choosing bond fund for nontaxable work acct
Replies: 6
Views: 574

Re: Help choosing bond fund for nontaxable work acct

These were some of the highest rated bond funds. Expense ratios are similar across all three from 0.73-0.8%. The Lord Abbet fund, on further review, does have much higher turnover rate. I was trying to stick with pure bond funds to move our AA the most (vs a blended fund).
by malbecman
Fri Dec 08, 2017 1:31 pm
Forum: Personal Investments
Topic: Help choosing bond fund for nontaxable work acct
Replies: 6
Views: 574

Help choosing bond fund for nontaxable work acct

So with the recent run up in our stock index funds, our asset allocation is a little high in equities (about 73%) for our AA. We'd like to nudge it down to 70% or a little below and have enough room in our workplace 403b plan so its a nontaxable event. Our workplace plan uses Fidelity and below are ...
by malbecman
Wed Dec 06, 2017 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Lowering real estate agent costs when selling?
Replies: 34
Views: 3400

Re: Lowering real estate agent costs when selling?

Hear, hear! :sharebeer It’s one of the few remaining models that was based on a percent of your asset, not the actual work done by the service provider. Hence the reason there are so many realtors. With technology now at the control of the buyer, there is no need for a gatekeeper buyers agent using ...
by malbecman
Tue Dec 05, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Thanks! We just let our VG PAS advisor go...
Replies: 14
Views: 4007

Thanks! We just let our VG PAS advisor go...

Just thought I'd let the Boglehead community know that based on all the readings we've done here and confidence that we've gained, we just let our advisor go. We initially signed on as we were having a tough time making the emotional decision for some asset rebalancing we needed (since the market ha...
by malbecman
Thu Nov 16, 2017 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: 529 Withdrawal TIming
Replies: 17
Views: 3328

Re: 529 Withdrawal TIming

We have our 529 send a check directly to the school. Then you don't need to worry about this.

Heres some good tips

http://www.savingforcollege.com/article ... n-spenders
by malbecman
Wed Sep 13, 2017 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Tesla Financing
Replies: 22
Views: 2819

Re: Tesla Financing

Coal? As a PG&E rate payer (NorCal), I have signed up for their Solar Choice program...it costs us an extra ~15% on our electrical usage but means PG&E is buying solar power for us on the open market. For us, its like an $12-15 per month, makes us pretty green and avoids the $15K required to purchas...
by malbecman
Mon Aug 21, 2017 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Help with trust / spendthrift in-law
Replies: 24
Views: 4266

Re: Help with trust / spendthrift in-law

Independent, professional trustees can ask for receipts or make the mortgage payment themselves. Trust but verify....do not give cash. Another good thing a good professional trustee will do (should do) is make a budget with the benificiary that will fit the size of the trust and help separate their ...
by malbecman
Wed Mar 08, 2017 2:10 pm
Forum: Investing - Theory, News & General
Topic: Every 40-yr returns curve of the S&P500 since 1870 graphed
Replies: 40
Views: 5489

Every 40-yr returns curve of the S&P500 since 1870 graphed

Nice bit of work over on the Data is Beautiful subreddit. I take no credit for graphing this. Some of the comments below the graph are worth reading as well. Every 40-year Returns Curve from the S&P index since 1870, superimposed: http://i.imgur.com/ExlQ5VD.png https://www.reddit.com/r/dataisbeautif...
by malbecman
Tue Feb 07, 2017 7:45 pm
Forum: Personal Investments
Topic: UC DCP Questions [Univ. of CA Defined Contribution Plan]
Replies: 41
Views: 17592

Re: UC DCP Questions [Univ. of CA Defined Contribution Plan]

UC employee here, just stumbled on this thread...lots of great information here. Just to clarify for any future readers, any post-tax contributions to the DCP post-tax account must be made through payroll deductions. You can't just write a check from some account outside UC and send it in (which is ...
by malbecman
Mon Feb 06, 2017 10:11 pm
Forum: Personal Investments
Topic: VG Corporate bond index funds-anyone use them?
Replies: 9
Views: 1207

Re: VG Corporate bond index funds-anyone use them?

Thanks for that advice, Taylor. As it is, our current stock AA is about 70% which is about as high as we want to go. Indeed, with the general bull market, we've had to rebalance that down several times. I was just looking for something closer to bond safety but a little more return. Fear and greed, ...
by malbecman
Mon Feb 06, 2017 7:47 pm
Forum: Personal Investments
Topic: VG Corporate bond index funds-anyone use them?
Replies: 9
Views: 1207

Re: VG Corporate bond index funds-anyone use them?

Thanks! I think we will allocate some smaller portion (20%?) of our bond portfolio to at least one of these funds and chase a little more return.
Who knows, after 20+ years, it might add up to something. :D
by malbecman
Mon Feb 06, 2017 2:59 pm
Forum: Personal Investments
Topic: VG Corporate bond index funds-anyone use them?
Replies: 9
Views: 1207

VG Corporate bond index funds-anyone use them?

Doing some rebalancing back into bonds and have only been using VBTLX so far. I realize the corporate bond index funds are a little further out on the risk spectrum and some, such as Intermediate-Term Corporate Bond Index Fund Admiral Shares have a buy-in fee of 0.25% but just wondering if anyone wa...
by malbecman
Fri Jan 13, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA for High Net Worth Parents?
Replies: 71
Views: 9344

Re: FAFSA for High Net Worth Parents?

We just did the FAFSA for our oldest and yes, there is an import feature that pulls your 2015 tax data over from the IRS...BAM, there it is! At first I was a little shocked but upon reflection, it made sense. Time for us all to wear our tin hats. :D
by malbecman
Wed Jan 11, 2017 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: New Amazon Prime card, no annual fee, 5%(!) back on Amazon purchases
Replies: 80
Views: 13212

New Amazon Prime card, no annual fee, 5%(!) back on Amazon purchases

[Thread merged into here, see below. --admin LadyGeek] Wow, looks like a doozy. 5% back at Amazon, 2% back at other locations, no foreign transaction fees, roadside assistance, etc. They're really trying to get you to shop at their website but it you are already a Prime member, I don't see how you ...
by malbecman
Mon Jan 09, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Predicting future Net Worth
Replies: 31
Views: 5642

Re: Predicting future Net Worth

I'm not sure about the utility of including your personal residence in your net worth for retirement purposes unless you plan to either cash out and move towards a lower COL area or take out a reverse mortgage.
by malbecman
Tue Jan 03, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Ugh! Scratched my brand new stainless steel stove
Replies: 19
Views: 4193

Re: Ugh! Scratched my brand new stainless steel stove

I don't see why there have been so many recommendations on achieving a mirror polish. I don't think I have ever seen a commercially available mirror polished appliance. Ok, so take the silicon carbide sandpaper and only go back and forth to match the existing brush line pattern on the rest of the s...
by malbecman
Tue Jan 03, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Ugh! Scratched my brand new stainless steel stove
Replies: 19
Views: 4193

Re: Ugh! Scratched my brand new stainless steel stove

You could start with a 2400 or 4000 grit silicon carbide sandpaper and work your way up thru 6, 8,10 and finally 12,000 grit using a rotary pattern and lots of elbow grease. :D It will take awhile but you can get a mirror like surface this way. http://www.sisweb.com/micromesh/mmr_sheets.htm They hav...
by malbecman
Mon Jan 02, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone looking at the GM EV2 aka Chevy Bolt (not Volt)?
Replies: 12
Views: 1607

Re: Anyone looking at the GM EV2 aka Chevy Bolt (not Volt)?

Sorry, my bad. You are correct on the 8 and 12% of NEW car target values for China in 2018 and 2020. Still, that is a lot of cars and I am sure Geely and BYD (and any other Chinese car makers I am not aware of) want to be a big part of it. I hope US automakers do not get left behind.
by malbecman
Mon Jan 02, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone looking at the GM EV2 aka Chevy Bolt (not Volt)?
Replies: 12
Views: 1607

Re: Anyone looking at the GM EV2 aka Chevy Bolt (not Volt)?

I just checked and the only recommended maintenance on the Bolt is tire rotation every 7,500 miles and it comes with an 8 year, 100,000 mile warranty including the battery pack. Very impressive! Should be really cheap to own.
by malbecman
Mon Jan 02, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone looking at the GM EV2 aka Chevy Bolt (not Volt)?
Replies: 12
Views: 1607

Re: Anyone looking at the GM EV2 aka Chevy Bolt (not Volt)?

As far as the purchase price, you should still be able to get the federal tax credit and any possible state incenvtives. Here in CA you get a HOV sticker (diamond lane). It should also be a pretty cheap car to own. It depends on your electrical rates but you are usually looking at a cost of about $3...
by malbecman
Tue Dec 20, 2016 6:42 pm
Forum: Personal Consumer Issues
Topic: Hard Endeavor/Exercise in Middle Age
Replies: 118
Views: 10210

Re: Hard Endeavor/Exercise in Middle Age

49 here. I'll add in a vote for cycling. I did track and X-country in HS and college but running definitely got a little tougher as I kept getting older....3-5 mile runs were generally fine but it was much tougher for me to go longer without a serious base and working up to it (which once you get si...