Search found 17 matches

by Matt3
Mon Nov 04, 2019 1:52 pm
Forum: Personal Investments
Topic: At the halfway mark, need help with 2 big decisions
Replies: 30
Views: 3169

Re: At the halfway mark, need help with 2 big decisions

Based on my napkin calculations, it looks like with your portfolio and contributing $25k per year for the next 15 years, assuming a 5% return, you will have more than your target number to retire. I'd say go with the lower stress job and you will still be fine hitting your goals financially.
by Matt3
Mon Oct 07, 2019 9:37 pm
Forum: Personal Investments
Topic: Yet Another Can We Retire Thread
Replies: 11
Views: 1836

Re: Yet Another Can We Retire Thread

If you are confident in your yearly expenses number, then I don't see why not.. Looks like you have $142k income vs $120k expenses with a $2M dollar cushion. Yes a lot can happen in 40 years, but based on these numbers your $2m should do nothing but grow. Seems like an easy decision to me.
by Matt3
Sat Sep 21, 2019 5:12 pm
Forum: Personal Investments
Topic: Update Post Sale of Business! - Pay Off Home or Not?
Replies: 51
Views: 2906

Re: Update Post Sale of Business! - Pay Off Home or Not?

Personally, this would be a no brainer for me. I would pay it off and not look back since you are planning to be there for awhile. I know it's difficult going below such a big milestone like that $1m mark, but what if you put it all in the market and then we go in to the recession.. You'll still fal...
by Matt3
Wed Apr 03, 2019 10:11 pm
Forum: Personal Investments
Topic: Student loans, index funds and emergency fund money
Replies: 10
Views: 734

Re: Student loans, index funds and emergency fund money

Welcome to the forum - there's lots of information and plenty of people willing to help! There are a variety of ways to store emergency savings, but the easiest is in a high yield saving account like one at Ally bank for example. For your other question, I recommend you read up on prioritizing inves...
by Matt3
Wed Apr 03, 2019 8:51 pm
Forum: Personal Investments
Topic: 5 Year Check-Up: Are we missing anything?
Replies: 12
Views: 2279

Re: 5 Year Check-Up: Are we missing anything?

Would you recommend increasing the bond allocation in our HSA to take advantage of not getting taxed (while maintaining our overall AA), or since the rest of our bonds are in tax advantage accounts it's the essentially the same? Personally I would allocate 100% of the HSA to the treasury fund while...
by Matt3
Tue Apr 02, 2019 8:35 pm
Forum: Personal Investments
Topic: 5 Year Check-Up: Are we missing anything?
Replies: 12
Views: 2279

Re: 5 Year Check-Up: Are we missing anything?

Living in CA, we don't get a tax benefit of investing in our HSA. Seems like it is still worth maxing it because of the federal tax benefit, but am I missing something? If you use a treasury fund in the HSA you won't get taxed at the state level because treasuries aren't state-taxable and won't get...
by Matt3
Tue Apr 02, 2019 11:11 am
Forum: Personal Investments
Topic: 5 Year Check-Up: Are we missing anything?
Replies: 12
Views: 2279

Re: 5 Year Check-Up: Are we missing anything?

2. Since we are in a pretty high tax bracket and invest heavily in our Taxable, is there a better/more tax efficient way to invest that money? Best you can do for taxable is put as much as makes sense in tax exempt bonds, then international index if needed, then domestic index. I would suggest goin...
by Matt3
Sun Mar 31, 2019 5:58 pm
Forum: Personal Investments
Topic: 5 Year Check-Up: Are we missing anything?
Replies: 12
Views: 2279

Re: 5 Year Check-Up: Are we missing anything?

2. Since we are in a pretty high tax bracket and invest heavily in our Taxable, is there a better/more tax efficient way to invest that money? Best you can do for taxable is put as much as makes sense in tax exempt bonds, then international index if needed, then domestic index. I would suggest goin...
by Matt3
Sun Mar 31, 2019 5:45 pm
Forum: Personal Investments
Topic: 5 Year Check-Up: Are we missing anything?
Replies: 12
Views: 2279

Re: 5 Year Check-Up: Are we missing anything?

Thanks for the quick replies We just moved $15k out of our emergency savings account to max out our IRAs for the year and pay for new insulation in our attic which was desperately needed. We both have stable jobs and can cover our mandatory monthly expenses with either one of our salaries if needed....
by Matt3
Sun Mar 31, 2019 3:23 pm
Forum: Personal Investments
Topic: 5 Year Check-Up: Are we missing anything?
Replies: 12
Views: 2279

5 Year Check-Up: Are we missing anything?

Hi Everyone, I posted about 7 months back (https://www.bogleheads.org/forum/viewtopic.php?f=1&t=257101&p=4082711#p4082711) and made some adjustments based on the feedback. My wife and I are coming up on our 5 year mark of working and want to make sure we're in good shape and aren't missing anything....
by Matt3
Sat Mar 30, 2019 8:54 pm
Forum: Personal Investments
Topic: Rethinking investments
Replies: 11
Views: 1335

Re: Rethinking investments

You're likely to get much better (and more) responses if you follow the format found here: viewtopic.php?f=1&t=6212
by Matt3
Mon Mar 04, 2019 8:19 pm
Forum: Personal Investments
Topic: Best book [to give to young people about investments]
Replies: 14
Views: 1277

Re: Best book [to give to young people about investments]

I will teach you to be rich - Ramil Sethi. I enjoyed the writing style which is like a friend giving advice. In fact I found myself laughing out loud plenty of times. My first book about this. It's an overall general easy read. I read it at least 10 times and read it once in a while. I dont like th...
by Matt3
Sun Mar 03, 2019 2:43 pm
Forum: Personal Investments
Topic: Life and financial Advice please
Replies: 16
Views: 1825

Re: Life and financial device please

It seems to me that if you are able to maintain income to cover your yearly expenses, you are only a couple of years off from having a portfolio big enough to draw $120k/year at a 4% withdrawal rate (even with no additional investments). At your age that's probably not the safest move, but my point ...
by Matt3
Wed Aug 22, 2018 8:26 pm
Forum: Personal Investments
Topic: New Job - Advise on portfolio (28 y/o HCOL couple)
Replies: 6
Views: 1034

Re: New Job - Advise on portfolio (28 y/o HCOL couple)

Thank you everyone for the responses so far. Couple of clarifying questions about the below: Questions: 1. We stopped funding IRAs due to the fact that we are phased out of all tax benefits. Instead we opened a taxable account and contribute $1,250 a month in to Fidelity Total Market Investor Class ...
by Matt3
Tue Aug 21, 2018 9:32 pm
Forum: Personal Investments
Topic: New Job - Advise on portfolio (28 y/o HCOL couple)
Replies: 6
Views: 1034

New Job - Advise on portfolio (28 y/o HCOL couple)

Hello everyone, My wife just started a new job which came with a 42% raise and obviously a new 401k to set up. Also, my company switched from Principal to Vanguard so I need to reset my 401k too. We both are relatively new at this so we definitely need some help cleaning up all our investments to ma...
by Matt3
Tue Feb 21, 2017 10:38 pm
Forum: Personal Investments
Topic: Restructuring Portfolio/Best way to contribute going forward
Replies: 2
Views: 510

Re: Restructuring Portfolio/Best way to contribute going forward

Thank you very much for the input. It does seem like a no brainer to stop funding IRAs until we are maxing both 401ks because of the tax saving - honestly not sure why we haven't done that the past couple of years.. Thanks again!
by Matt3
Mon Feb 20, 2017 2:11 pm
Forum: Personal Investments
Topic: Restructuring Portfolio/Best way to contribute going forward
Replies: 2
Views: 510

Restructuring Portfolio/Best way to contribute going forward

Hello everyone - thank you in advanced for the help and for reading through my long post. My wife and I recently got raises and are able to contribute a lot to our retirement, but we haven't evaluated our portfolios as a whole after we got married last year. So now we need to restructure and set our...