Search found 84 matches

by Twood
Fri Nov 09, 2018 12:20 am
Forum: Investing - Help with Personal Investments
Topic: Kitces article - coordinating multiple defined contribution plans
Replies: 8
Views: 913

Kitces article - coordinating multiple defined contribution plans

This topic comes up periodically on this board, and yesterday Michael Kitces published a very readable article, including examples, of coordinating multiple defined contribution plans. https://www.kitces.com/blog/coordinating-contributions-multiple-employer-sponsored-defined-contribution-plans-401k-...
by Twood
Fri Oct 26, 2018 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend's Student Loans
Replies: 101
Views: 9270

Re: Girlfriend's Student Loans

With regards to sending her back to school to get those guaranteed raises as a teacher, what are the odds she will want to work part time or not at all outside the home, if children enter your life? And despite the stance many take these days, not all children are planned, even in responsibile house...
by Twood
Tue Oct 16, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 477
Views: 45157

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

I have never chased rewards, so I have a logistical question. All of my money is in my local credit union. How do I get such a significant chunk moved externally? In order to put a down payment on my mortgage I had to do a wire transfer, at something like $50 cost. To get my money to and from Ally, ...
by Twood
Mon Oct 15, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 90
Views: 6422

Re: When to stop putting money into an older vehicle

No answer for you (my daily is ~20 years old), but FYI that soft parts like gaskets are on a time (rather than mileage) replacement cycle. After around every 10 years, the rubber just ages out. But I consider that maintenance and am fine with just having replaced all the gaskets and belts within the...
by Twood
Wed Sep 19, 2018 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Philanthropy 101
Replies: 13
Views: 895

Re: Philanthropy 101

No advice on the money part.

+1 on donation of time, with kids in tow. Depending on their ages it can be hard to find volunteer activities that will take them, but I think it's worth the effort.
by Twood
Tue Sep 04, 2018 12:13 am
Forum: Personal Consumer Issues
Topic: Gentlemen: underwear shopping question
Replies: 35
Views: 4056

Re: Gentlemen: underwear shopping question

My ex-commercial pilot friend recommends all clothing be cotton for plane flights, due to fire risk.
by Twood
Mon Sep 03, 2018 10:17 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on kids extracurriculars?
Replies: 85
Views: 4834

Re: How much do you spend on kids extracurriculars?

In parent groups for DYS (which depending on scores, your oldest may also be eligible for, and I highly recommend for a variety of resources) and other similar groups, the high cost of multipotentiality and appropriate schooling (direct or indirect) is often a topic. So if you want a comparative dis...
by Twood
Sun Sep 02, 2018 6:03 am
Forum: Investing - Help with Personal Investments
Topic: Fully maxed out
Replies: 70
Views: 8078

Re: Fully maxed out

dvd7e wrote:
Sun Sep 02, 2018 5:50 am
Are there any other tax advantaged accounts I forgot to list?
Those with 403bs may also have 457bs. But they are unlikely (I think) to have mega backdoor opportunities, unless the spouse does.
by Twood
Fri Aug 10, 2018 3:21 pm
Forum: Personal Consumer Issues
Topic: First time taking kids to airport..
Replies: 28
Views: 2442

Re: First time taking kids to airport..

If the stroller isn't necessary for the rest of the trip, or if you know you might need to move fast in the airport, have a kid who likes to dart away, etc, consider a cloth kid carrier like a preschool sized Kinderpack. It should handle the 4 year old, or even the 6 year old (center of gravity isn'...
by Twood
Fri Aug 10, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Paper checks yes or no?
Replies: 116
Views: 6909

Re: Paper checks yes or no?

I still use mine, and am glad I carry them regularly. I've been surprised by unusual activities requiring non-cc payments, for example our dentist recently switched (with no communication) from pay your bill by cc before you walk out the door to get a 5% discount, to pay your bill by cash or check f...
by Twood
Tue Aug 07, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: Relaxing - quieting the mind
Replies: 47
Views: 3235

Re: Relaxing - quieting the mind

My suggestion is to try to get more sleep. That's my underlying problem driven by similar issues as you state, and I cope much better when I have more sleep. Unfortunately I don't know how to get from a multi-interrupted 3 hours of sleep a night (a situation extreme I hope you're not dealing with, b...
by Twood
Mon Aug 06, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Baby on way: life insurance Qs
Replies: 27
Views: 1578

Re: Baby on way: life insurance Qs

A logistical issue to "buy it now" - buying a life insurance policy on a pregnant female is very expensive. Instead I would recommend getting the male half now, and the female half after baby arrives.
by Twood
Fri Jul 27, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Decision for Stay at Home Wife?
Replies: 84
Views: 3801

Re: Decision for Stay at Home Wife?

Does she want to be a stay at home mom? If so, I'd say she should go for it. And it sounds like you may have too high of expectations for the baby years as for what she can accomplish in addition to child care. Is she not driven and self motivated? If she is, she will do as much as she can handle; y...
by Twood
Thu Jul 26, 2018 12:08 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA for teen
Replies: 19
Views: 1579

Re: Roth IRA for teen

As far as considering retirement assets in various college student aid calculations, my understanding was that there's also consideration in the base year that you could have been putting that base year's retirement funds into savings for college instead, so those dollars are still considered availa...
by Twood
Tue Jul 24, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: indoor houseplants--your advice?
Replies: 19
Views: 1511

Re: indoor houseplants--your advice?

Many good pieces of advice here. If you have pets or children, also check for poisonousness. My N=1: I've had the same pothos and fake tree in my windowless office for ~1.5 decades now. You should be able to find plants to fit your conditions, assuming you match your care appropriately. But it can b...
by Twood
Mon Jul 23, 2018 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Am I putting too much into retirement?
Replies: 17
Views: 3086

Re: Am I putting too much into retirement?

Tax optimization idea - in addition to Roth contributions, also think about the Savers Credit.
by Twood
Sat Jul 14, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Pay to be in school district or move?
Replies: 20
Views: 1241

Re: Pay to be in school district or move?

Option #3 - pay for a private school that's local, with a much shorter commute?
by Twood
Sun Jul 01, 2018 12:01 am
Forum: Investing - Help with Personal Investments
Topic: Should I pay medical expenses out of pocket and save my HSA money?
Replies: 12
Views: 1742

Re: Should I pay medical expenses out of pocket and save my HSA money?

One side warning about contributing to and/or withdrawing from an HSA. I believe any movement in or out of the account requires an additional tax form to be completed. And if you were otherwise eligible for a 1040EZ or 1040A, sorry no now you have to use the 1040 long form. If you utilize a tax prep...
by Twood
Sat Jun 30, 2018 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for private tuition
Replies: 14
Views: 1534

Re: Paying for private tuition

Snipped: If you do get a tax break then it would be worth it but be aware many states are still deciding what to do about 529s with the new K-12 options and are considering or already have claw backs on the deductions if you spend in the same year as contributing or don’t let money stay in for a giv...
by Twood
Fri Jun 29, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: glass cancer?( watermark etching)
Replies: 24
Views: 2893

Re: glass cancer?( watermark etching)

I haven't had that stubborn of mineral deposits myself, but have you tried a nonabraive cleanser? We use Bon Ami, others recommend Barkeepers Friend (I don't know the important differences between the two). Available at Target, but not necessarily at your local grocery store.
by Twood
Thu Jun 28, 2018 8:15 pm
Forum: Personal Consumer Issues
Topic: Best way to clean eyeglasses?
Replies: 59
Views: 4280

Re: Best way to clean eyeglasses?

Very long hair makes for an excessively wet shower towel compared to most. Most days wiping with the wettest part of the towel will be sufficient. If there was sunscreen or extra sweat or anything else extra goopy that this isn't sufficient, four squirts of the eye clinic spray cleaner (one per side...
by Twood
Thu Jun 28, 2018 3:30 pm
Forum: Personal Consumer Issues
Topic: Any Reason to Keep My "Landline" Phone?
Replies: 65
Views: 4417

Re: Any Reason to Keep My "Landline" Phone?

We still have ours, for a variety of reasons. Spouse regularly forgets to have their cell phone on/charged Small kids, want them to be able to find a phone in an emergency (yes we have the plugged in kind that can't wander away) 911. Our address is messed up in many mapping apps, I don't need to off...
by Twood
Wed Jun 27, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Need an advisor
Replies: 33
Views: 2157

Re: Need an advisor

OP mentioned not being able to remember the name of another network. Was it possibly XYPN? https://www.xyplanningnetwork.com Fee only, and no asset minimums.
by Twood
Wed Jun 27, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 35828

Re: What is/ was your career and would you recommend it now?

Not all me (for sake of semi-anonymity on the internet) but all from close enough sources I feel confident commenting: Financial analyst for a small regional bank. Recommend if you like small town living. Pays well enough for LCOL areas, QOL at work is high, zero to minimal overtime requirements and...
by Twood
Mon Jun 25, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Career Burn Out: Should I quit high paying job and take a sabbatical?
Replies: 55
Views: 7035

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

Is it feasible for you to be building up your own business while still collecting the big paycheck?
by Twood
Mon Jun 25, 2018 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Pre nups.
Replies: 70
Views: 9219

Re: Pre nups.

Right. The latter, or anything deviating from "each pays for own attorney" *might* be subject to some sort of claim of "I was misled about not getting my own attorney" or such. Keep in mind that the *only* time any of this will matter is when it will be the worst situation: when a marriage is endin...
by Twood
Fri Jun 15, 2018 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: add to DW 401k while withdrawing from (self) 403b?
Replies: 19
Views: 979

Re: add to DW 401k while withdrawing from (self) 403b?

One additional factor I can think of is assessing the quality/cost of your funds in your vs her 403b/401k. If you have high expense only options you don't like in yours, and hers is full of great low cost index funds, then you could take this opportunity to "move" the money.
by Twood
Thu May 31, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 19283

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

An actionable aside. I suggest using an email address you don't plan to want when you're done, for all of your scholarship hunting and school applications. My experience was that we got buried in emails, and it doesn't stop even when kid has completed college.
by Twood
Tue May 22, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: Edelman & Financial Engines merging
Replies: 36
Views: 4522

Re: Edelman & Financial Engines merging

< snip > Fees for Financial Engines: $50,000 or less 0.35% $50,000 to $250,000 0.30% $250,000 and over 0.25% This does not include the ER's of the 401k funds < / snip > Looks like FE costs vary, because if I opted in, mine would be higher. Just an FYI for any readers who thought they didn't have to...
by Twood
Sun May 06, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 9532

Re: What career for smartest kid in the class?

How smart is the level of smart we are talking about? "Normal", "gifted", "highly" or "exceptionally" or "profoundly gifted"? http://www.hoagiesgifted.org/highly_profoundly.htm After a point, it doesn't matter, one can/is capable of doing anything they are interested in. Here are some IQ ranges by o...
by Twood
Wed Mar 28, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: 403b Annual Additions Limit now per employer
Replies: 6
Views: 736

Re: 403b Annual Additions Limit now per employer

Any experts adding interpretation, if you can include 457'b's in your explanation, that would be fantastic. Thanks.
by Twood
Wed Mar 21, 2018 10:35 pm
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 142
Views: 14567

Re: What have you baked recently?

... Lately, I've also made lemon pound cake, lemon lavender bread and lemon rosemary scones. Can you tell my lemon tree is overburdened? Please share your favorite lemon recipes... the more lemons used, the better! No recipes because I've never had such a problem, but it sounds like a delicious pro...
by Twood
Wed Mar 21, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Helping daughter set up an IRA
Replies: 28
Views: 1728

Re: Helping daughter set up an IRA

IF you/she decide to go traditional IRA and would therefore plan to amend her tax return, consider what tool you plan to do that with. Is she was planning to go to a chain tax preparation company (and likely a CPA, etc), the price they would charge for an amendment would likely wipe out all of the s...
by Twood
Thu Mar 15, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: Tips on saving on living expenses for a first time single householder
Replies: 46
Views: 3770

Re: Tips on saving on living expenses for a first time single householder

Learning to cook, my 2 cents. If you have friends who know how to cook, have them teach you, make it a social event. If your friends don't know how to cook, see if any of them want to join you in the learning process, and then when you all know how turn hosting dinner parties into the group social e...
by Twood
Sat Feb 10, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: [US Budget deal Revives Expired Individual Tax Breaks for 2017]
Replies: 25
Views: 3691

Re: [US Budget deal Revives Expired Individual Tax Breaks]

I appreciate those who spotted this news and shared it with the rest of us. Now to go make it personally actionable in real life.
by Twood
Thu Feb 08, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: Getting Rid of Ants in the House?
Replies: 46
Views: 3561

Re: Getting Rid of Ants in the House?

I get concerned with kids or pets plus products. I use Terro's sticky spider and insect traps (no poisons) for spiders, crickets, etc; don't know how well it might work on ants. The diatenatious earth (I didn't spell that right) is another good not harmful to people/pets one, although then you have ...
by Twood
Tue Feb 06, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: Vacation options for wide age-range of children?
Replies: 27
Views: 2091

Re: Vacation options for wide age-range of children?

Put baby in a pack (like a Kinderpack), and baby can sleep while everyone is out and about. Or a frame hiking pack such as the Deuter Kid Comfort 3, and you can bring the diapers, water, snacks, etc - baby needs to be at least 9 months old for this option.
by Twood
Tue Jan 30, 2018 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting money to new born
Replies: 27
Views: 2038

Re: Gifting money to new born

I recently heard of https://www.giftofcollege.com for the first time. What are people's thoughts about it?
by Twood
Fri Jan 26, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to Protect Assets Without a Prenup
Replies: 69
Views: 7218

Re: Ways to Protect Assets Without a Prenup

Why not a prenup? To me it seems like if the goal is X, then shouldn't you be discussing X with your (future) spouse, so everyone is on board? Especially if a case of unequal financial assets at entry, but plans to use all future money jointly, that doesn't feel inflammatory to me (obviously your fu...
by Twood
Fri Jan 26, 2018 1:16 pm
Forum: Personal Consumer Issues
Topic: Board game for 3 year old
Replies: 36
Views: 2327

Re: Board game for 3 year old

Popular with at three years old in our house: Chess (by a loose or unique set of rules, because they are emotionally opposed to having their pieces taken) Carcassonne Tangrams- I get annoyed trying to keep the kids from loosing pieces, but apps on a touchscreen are doable Rush Hour - same parts issu...
by Twood
Fri Jan 26, 2018 12:06 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 5842

Re: Happy Birthday, Taylor!

Taylor,

Wishing you a happy birthday last year was my fifth post here. Amazing that a year has flown by so fast, that it's now time to make sure to tell you thank you and happy birthday again. We wish you many happy and healthy more!

Twood
by Twood
Thu Jan 25, 2018 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 18915

Re: Dear wife quits job and now we are down to 1 income

I saw budget cutting measures of more groceries / food prepared at home instead of eating out. Same type of idea works for baby; breastfeeding is much cheaper than formula. And cloth diapers are much cheaper than disposables. Enjoy the time with your new baby, and I hope sleep comes to your househol...
by Twood
Thu Jan 25, 2018 1:47 pm
Forum: Personal Consumer Issues
Topic: Strategies to combat the urge to spend?
Replies: 68
Views: 4746

Re: Strategies to combat the urge to spend?

Another thread recently was on differences of cost of living/incomes, and resulted in repeated reminders that comparison is the thief of joy. If you are suffering from peer pressure, change your peers/situations. Friends like to go out for dinner? Start an at home dinner party group. Friends like to...
by Twood
Sun Jan 21, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance - Physician
Replies: 28
Views: 2415

Re: Disability Insurance - Physician

Have you tried talking to USAA?
by Twood
Thu Jan 18, 2018 3:12 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 9229

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

WCI, I appreciate your professionalism and good humor in the face of this thread.
by Twood
Tue Jan 09, 2018 5:04 pm
Forum: Personal Consumer Issues
Topic: Low mileage, but old, used car (service and reliabilty)
Replies: 20
Views: 1425

Re: Low mileage, but old, used car (service and reliabilty)

I second the watch the plastic/rubber parts bit. They are on more of a 10 year age cycle than a mileage cycle; therefore don't think the car is dying when a whole slew of rubber parts needs replacing soon; just do it and be happy. As an old model car driver myself, I also appreciated learning from a...
by Twood
Tue Jan 09, 2018 2:05 am
Forum: Personal Consumer Issues
Topic: Effects of extreme cold weather
Replies: 107
Views: 11219

Re: Effects of extreme cold weather

Low winter humidity can indeed be a problem. DIY solutions or stop gap measures can include the following. Take baths/showers with the fan off and the bathroom door open. Do not use hair driers, instead hang up wet towels (long hair leads to wetter towels, and also acts as another source of direct m...
by Twood
Fri Jan 05, 2018 4:40 pm
Forum: Personal Consumer Issues
Topic: Effects of extreme cold weather
Replies: 107
Views: 11219

Re: Effects of extreme cold weather

It's been -5, and wind chills of -25 (nothing abnormal). I love the sun that comes with it. But the car appreciates being plugged in (can do in the garage, not in the work parking lot), and when the kids go out to sled they accidentally shatter the plastic sleds when they run into anything even less...