Search found 102 matches

by multiham
Mon Oct 16, 2017 8:17 am
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 78
Views: 5284

Re: anyone else not liking the new cars?

Would love to see the opinions of the Toyota/Lexus grille based on age group and car enthusiast. My take is that the younger crowd will like the grille. I really like the look of the new Camry as I think they mad is sportier looking upfront. I'll jump in with 2 more opinions on some comments in thi...
by multiham
Sun Oct 15, 2017 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Taxes
Replies: 8
Views: 679

Re: Estimating Taxes

Thank you, I will check out the spreadsheet. I created one myself, but I don't have 100% confidence in my Excel skills or my full understanding of the tax laws! If you are in AMT territory it gets awfully complicated. I would at least check it against the on-line tax calculators. JW Agree. Thats wh...
by multiham
Sun Oct 15, 2017 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Taxes
Replies: 8
Views: 679

Re: Estimating Taxes

Thank you, I will check out the spreadsheet. I created one myself, but I don't have 100% confidence in my Excel skills or my full understanding of the tax laws!
by multiham
Sun Oct 15, 2017 4:28 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 116
Views: 5294

Re: What are you driving? And would you buy your current ride again?

2016 VW Golf R - 4 wheel drive, 4 doors with a real usable back seat, hatchback so I can carry items. Bought snow tires and it has no problem getting through the snow (6 inches or less because of clearance) because of the 4 wheel drive. Also, it has just about 300 hp so the car is sneaky quick and ...
by multiham
Sun Oct 15, 2017 4:12 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 116
Views: 5294

Re: What are you driving? And would you buy your current ride again?

2016 VW Golf R - 4 wheel drive, 4 doors with a real usable back seat, hatchback so I can carry items. Bought snow tires and it has no problem getting through the snow (6 inches or less because of clearance) because of the 4 wheel drive. Also, it has just about 300 hp so the car is sneaky quick and f...
by multiham
Sun Oct 15, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Taxes
Replies: 8
Views: 679

Re: Estimating Taxes

Thank you! I will give that a try. I'm sorry to say that I pay someone a small fee to do mine, so don't have access to the software they use. Doing it myself going forward as we sold our rental condo.
by multiham
Sun Oct 15, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Estimating Taxes
Replies: 8
Views: 679

Estimating Taxes

I would like to run some scenario's for my 2018 taxes. I usually end up paying a small amount of AMT. I have some stock options that I need to exercise before 12/31/18 and want to know their impact if I exercise them (or part of them) this year vs. next year. What software or maybe a spreadsheet som...
by multiham
Sat Oct 14, 2017 12:43 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 78
Views: 5284

Re: anyone else not liking the new cars?

Would love to see the opinions of the Toyota/Lexus grille based on age group and car enthusiast. My take is that the younger crowd will like the grille. I really like the look of the new Camry as I think they mad is sportier looking upfront. I'll jump in with 2 more opinions on some comments in this...
by multiham
Sun Oct 08, 2017 9:58 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2249

Re: Spouse gets blowouts?

I would suggest you live with it. It is a super small portion of your income and also of what you save. There are a lot of things my wife does that I don't understand, but they don't cost a lot, and they make her happy. If you say something, best case scenario is she is mad, worse case scenario is t...
by multiham
Fri Oct 06, 2017 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to convince my sister not to use a financial advisor
Replies: 59
Views: 3949

Re: Trying to convince my sister not to use a financial advisor

Sometimes people are just more comfortable dealing with someone they can meet and establish a relationship with versus a phone relationship and never getting to see that person. If that helps her sleep at night, than it is worth the $1,400 to her. IMHO, people in this forum tend to underestimate the...
by multiham
Sun Sep 10, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Thinking about accepting new job that pays a bit less
Replies: 27
Views: 2202

Re: Thinking about accepting new job that pays a bit less

Do it! I often feel the same way you do and know the stress of travel/job are impacting my health (weight, etc). My spouse works part time and makes less than $10,000 a year so I can't afford to give up any of our income. Just make sure that the new position will give you the benefits (health, time,...
by multiham
Sun Aug 27, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: 401K Post Tax or Taxable Investment
Replies: 12
Views: 786

Re: 401K Post Tax or Taxable Investment

Thank you for all the help. The company I work for matches the first 6% of your contribution including post tax contributions after you have hit the $18,000 pre-tax limit. As long as I leave my contribution rate at 6%, I will receive the maximum match.
by multiham
Sat Aug 26, 2017 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Post Tax or Taxable Investment
Replies: 12
Views: 786

Re: 401K Post Tax or Taxable Investment

I've read my employers savings plan documentation a few times today to see if any of your suggestions work, During my first reply to retiredjg, I said that my plan does not allow in-service distributions of the after tax amounts. Now I'm not so sure I'm right on that. I am going to call the administ...
by multiham
Sat Aug 26, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: 401K Post Tax or Taxable Investment
Replies: 12
Views: 786

Re: 401K Post Tax or Taxable Investment

If your plan allows you to do an in-service (while still working) distribution of the after-tax account, you could roll it to Roth IRA. Roth IRA is better than taxable. Many plans allow this. This is called the "mega back door". There are some long threads where this is discussed. Thank you for the...
by multiham
Sat Aug 26, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: 401K Post Tax or Taxable Investment
Replies: 12
Views: 786

401K Post Tax or Taxable Investment

Looking for some thoughts on whether to continue investing this year in megacorp 401K with after-tax dollars or switch to investing these funds in after tax investments. Age: 52 Married with 2 kids who are still in high school and middle school 401K balance - $1.5 million (65% equity, 35% fixed inco...
by multiham
Tue Aug 15, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Kitchen Remodel Price/Contractor Dispute
Replies: 37
Views: 3905

Re: Kitchen Remodel Price/Contractor Dispute

I'm confused. Is there a contract that calls for a certain payment amount dependent on them completing all the conditions in the contract? I don't even pretend to understand the law (but I've watched my share of Judge Judy!), but if you have a signed contract for a specified amount, I believe you wi...
by multiham
Tue Aug 15, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: What kind of hotel do you get on business travel?
Replies: 44
Views: 3431

Re: What kind of hotel do you get on business travel?

Travel enough to be Platinum with Marriott. Usually stay at Residence Inn or Springhill Suites.
by multiham
Sun Aug 13, 2017 6:50 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 27
Views: 4121

Re: Roll Call for the Retirement Class of 2018!

I am targeting June 2018 at age 53. I have already exceeded my number, having accumulated much more than I ever imagined I could, mostly, I believe, by LWBYM (LBYM with an exclamatory "way" thrown in). Disregarding tax liabilities, charity, and health insurance - an important consideration causing ...
by multiham
Sun Aug 13, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: Toyota Camry Repair Priorities
Replies: 71
Views: 4419

Re: Toyota Camry Repair Priorities

I'm in a similar boat - 2001 Camry, 123,800 miles. Got an oil change last week and the auto shop told me the struts are worn and should be replaced. Estimate (parts and labor) for replacement and various other services - $1500! :shock: They're one of the most costly replacements. Well, I just spoke...
by multiham
Sat Aug 05, 2017 5:04 pm
Forum: Personal Consumer Issues
Topic: Manufacturers repairing/replacing out of warranty products for free
Replies: 15
Views: 1110

Re: Manufacturers repairing/replacing out of warranty products for free

I believe the days of manufacturers repairing/replacing out of warranty products for free are going to go away. By doing this, the brand is trying to build loyalty with the consumer. As more consumers move away from being brand loyal and move to whoever has the cheapest product, the incentive will g...
by multiham
Sat Aug 05, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Losing confidence in Ally Bank - what would you do
Replies: 58
Views: 6862

Re: Losing confidence in Ally Bank - what would you do

I'm in the close the account (once resolved) and move on. I do give places a second chance if their customer service works with me and quickly (one phone call) resolves the issue. In this case, they basically said they can't tell you when you will have your money available. That to me is as scary as...
by multiham
Sun Jul 30, 2017 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Advice about Financial Planner
Replies: 8
Views: 976

Re: Advice about Financial Planner

I would find another CFP who is a better fit for you. I interviewed a few before I settled on one and I do pay by the hour. Basically, we meet once a year to go over where I'm at, what my projections look like, talk a little about taxes, and generally give me a good feeling that I'm on track to meet...
by multiham
Sun Jul 30, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Financial Advisor/Retirement Planning - Conventional Wisdom?
Replies: 16
Views: 1674

Re: Financial Advisor/Retirement Planning - Conventional Wisdom?

i'll place my bets on the forum knowing more. I've received immensely helpful information here, no doubt. I find however that the quality of responses to any specific post are subject to whomever is responding that day or days. I tried to make that point with my hit or miss analogy above, but appea...
by multiham
Thu Jul 20, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: Would you let your teenager spend all his savings on a gaming computer?
Replies: 123
Views: 7205

Re: Would you let your teenager spend all his savings on a gaming computer?

I've read all the posts and sometimes I think we forget what its like to be a teenager. Congratulations to him on saving $1,500!! Building a computer is a great learning experience. As others have said, why not help him build it. Great bonding opportunity (Gets harder to find these opportunities as ...
by multiham
Thu Jul 06, 2017 7:50 pm
Forum: Personal Consumer Issues
Topic: Are you finding any good values at Amazon anymore?
Replies: 149
Views: 14668

Re: Are you finding any good values at Amazon anymore?

Others also don't have Amazon's high processing overhead. You already noted their shipping costs. The cost-challenge actually starts upstream of that with the need to track and store an inventory of 10 gazillion individual products, then sort and ship them, not by the truckload to stores where the ...
by multiham
Wed Jul 05, 2017 9:44 pm
Forum: Personal Consumer Issues
Topic: Are you finding any good values at Amazon anymore?
Replies: 149
Views: 14668

Re: Are you finding any good values at Amazon anymore?

I find it very interesting that so many people on this site are shopping less at Amazon than they did in the past. Amazon's sales and market share are still increasing at incredible rates. They are literally changing the face of retail. I love Amazon for the convenience, the willingness to make thin...
by multiham
Sun Jul 02, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: The "angle" at Schwab
Replies: 32
Views: 4341

Re: The "angle" at Schwab

I've been with them for about 20 years. 95% positive things to say about them. No pressure, no phone calls. I even did their 1 hour conference call with a CFP to discuss my portfolio and their relatively new Schwab Intelligent Advisory. Other than receiving his recommendations by e-mail, no one else...
by multiham
Sun Jun 25, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Leave a good boss for career advancement?
Replies: 12
Views: 1442

Re: Leave a good boss for career advancement?

Go for the new opportunity. If your relationship is as good as you make it out to be, your old boss will be thrilled that you have received this opportunity. I have worked for the same mega-corp for 27 years and have had long term team members get promoted (one is actually my boss now) and I couldn'...
by multiham
Sun Jun 25, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: Costco vs. Amazon - Thoughts of Prime Members?
Replies: 80
Views: 9454

Re: Costco vs. Amazon - Thoughts of Prime Members?

If its easier for you to take 20 minutes over lunch and go on-line, place an order, and pick-up at the local store when you want, why spend all the time in the store? If they can find a way to give you the vegetables/fruits you like, why would you go in-store? For instance, I like organic grapes wh...
by multiham
Sat Jun 24, 2017 12:30 pm
Forum: Investing - Theory, News & General
Topic: Costco vs. Amazon - Thoughts of Prime Members?
Replies: 80
Views: 9454

Re: Costco vs. Amazon - Thoughts of Prime Members?

I work in sales for a major Health & Beauty consumer company. Let me tell you that all the retailers are scared right now. Trips to stores are going down at rates never seen before. Everyone is having to figure out how to maintain/grow loyalty with their existing shoppers. All stores are trying to f...
by multiham
Tue Jun 20, 2017 8:15 am
Forum: Personal Consumer Issues
Topic: Check engine light. Toyota Avalon 2006, 155K miles [safety issue?]
Replies: 66
Views: 6015

Re: Check engine light. Toyota Avalon 2006, 155K miles [safety issue?]

Am I the only person who actually asks the dealer to tell me what the price will be prior to getting the job done? Unless things have changed since I worked at a dealership many years ago (summer cleaning job in high school) there is a book (probably on-line now) that tells you the standard labor ho...
by multiham
Sun Jun 11, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: 2004 LEXUS RX 330
Replies: 46
Views: 3174

Re: 2004 LEXUS RX 330

Keep the Highlander and pay it off as you can. I would argue the real lesson learned here is never pay sticker or posted price on most cars! Unless you are CarMax or another site that does not allow negotiation, there is fluff built into the stated price to allow you to negotiate and feel like you g...
by multiham
Sat Jun 10, 2017 8:09 pm
Forum: Personal Consumer Issues
Topic: Suit for [medical] residency interviews
Replies: 57
Views: 4332

Re: Suit for [medical] residency interviews

I have one word for you on why I would make sure I spend enough to get good quality material that fits perfectly. That word is Confidence. You will have enough things to worry about other than whether your suit looks and fits well. Take care of that up front and then you can focus all of your energy...
by multiham
Sat Jun 10, 2017 3:30 pm
Forum: Personal Consumer Issues
Topic: Overpaid Big Time On Warranty
Replies: 55
Views: 3434

Re: Overpaid Big Time On Warranty

There is something wrong on what they are quoting you. $350 per month times 59 months = $20,650 (this should be the amount you financed) Your old deal including the warranty was $288 per mont times 72 months =$20,736 which means you only paid $86 for the extended warranty. Something is not right. Pl...
by multiham
Mon Jun 05, 2017 8:58 am
Forum: Personal Consumer Issues
Topic: Worth it to buy expensive clothes?
Replies: 91
Views: 10138

Re: Worth it to buy expensive clothes?

As long as your weight doesn't fluctuate up and down and you don't buy anything trendy, I think this is a great investment in yourself.
by multiham
Fri Jun 02, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Move Away from 3-Fund Portfolio?
Replies: 36
Views: 4529

Re: Time to Move Away from 3-Fund Portfolio?

Different approach from me. What is the value you place on your wife being able to use PAS if needed? If that makes her feel at ease, it is well worth the .30% charge. Most people on this forum are financially savvy or at least have the curiosity to learn. If that is not the case for someone else, t...
by multiham
Wed May 31, 2017 7:27 pm
Forum: Personal Consumer Issues
Topic: Is it worth it spending money to keep your house looking sharp?
Replies: 54
Views: 7908

Re: Is it worth it spending money to keep your house looking sharp?

Pride I don't have the most expensive clothes, but they are neat and well taken care of. I don't have the fanciest landscape, but it is pruned, cut back when needed, and weeded I don't have a fancy entryway or front door, but it is painted and I have replaced the kick plate and weather stripping whe...
by multiham
Tue May 30, 2017 6:31 pm
Forum: Personal Consumer Issues
Topic: Do I deserve it? [A new car]
Replies: 69
Views: 6044

Re: Do I deserve it? [A new car]

Many years ago, I bought a $20,000 car when I was making $40,000. I'm a car guy and don't view a car simply as a means of getting from point A to point B. I truly loved that car and was having no problem paying off the car loan. Than I met my future wife, decided to get married, and wanted to save f...
by multiham
Tue May 30, 2017 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: "Security freeze" to prevent credit fraud
Replies: 24
Views: 3084

Re: "Security freeze" to prevent credit fraud

I know this is a 5 year old thread, but hoping to get some advice. Someone cloned my credit card (so much for chips) and I reported it to the credit card company and the police. I now want to put a Security Freeze on my account. You're mixing up different things. Having a credit card number comprom...
by multiham
Mon May 29, 2017 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: "Security freeze" to prevent credit fraud
Replies: 24
Views: 3084

Re: "Security freeze" to prevent credit fraud

I know this is a 5 year old thread, but hoping to get some advice. Someone cloned my credit card (so much for chips) and I reported it to the credit card company and the police. I now want to put a Security Freeze on my account. What bothers me is that when I contacted Experian (you need to contact ...
by multiham
Mon May 29, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Losing money on vehicle, should I or shouldn't I?
Replies: 24
Views: 2836

Re: Losing money on vehicle, should I or shouldn't I?

You hate it, enough said. Sell it, take the loss, and move on. Why don't you get Honda to look at the clutch while you still own it so that if it needs replacing, it will have been done before you sell it which to me is a good selling point. My only advice on buying the new one is will you get as mu...
by multiham
Mon May 29, 2017 9:50 am
Forum: Investing - Help with Personal Investments
Topic: A gem Livesoft uncovered
Replies: 64
Views: 11775

Re: A gem Livesoft uncovered

Few years to retirement and new at looking at withdrawal rate. Had always heard 4% so this gives me something new to think about. I do have a question that I don't understand. I searched for more information on CPI, but didn't find enough to answer my question. I understand the technical definition...
by multiham
Mon May 29, 2017 9:27 am
Forum: Investing - Help with Personal Investments
Topic: A gem Livesoft uncovered
Replies: 64
Views: 11775

Re: A gem Livesoft uncovered

Few years to retirement and new at looking at withdrawal rate. Had always heard 4% so this gives me something new to think about. I do have a question that I don't understand. I searched for more information on CPI, but didn't find enough to answer my question. I understand the technical definition ...
by multiham
Sun May 28, 2017 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: When does Saving become missing out on life?
Replies: 74
Views: 9179

Re: When does Saving become missing out on life?

Save 30% of job income, spend the rest. I did that since my 30s and have no regrets. Definition of "savings" for me included building equity in my home (payment of principal on the mortgage but not interest) and excluded all consumables, e.g. cars. What happened to me: By the time I was in my 40s I...
by multiham
Sat May 27, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: When does Saving become missing out on life?
Replies: 74
Views: 9179

Re: When does Saving become missing out on life?

Are you happy with what you have and the way you live? If the answer is yes, than stop worrying. If the answer is no, figure out what you are missing out on and fix it.
by multiham
Fri May 26, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Sell 2015 Subaru or Keep?
Replies: 71
Views: 6483

Re: Sell 2015 Subaru or Keep?

I would not give this a second thought. Just keep the car. You bought it for a reason, you can afford it, and if any of the safety devices ever help you, it is well worth it. Please know that I am not a hard core Boglehead. I love the philosophies, but use them as a guide, not a mandate. I like cars...
by multiham
Thu May 18, 2017 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth with Schwab
Replies: 4
Views: 497

Re: Backdoor Roth with Schwab

Thank you! I was confused when she said that Schwab was going to withhold taxes.

I believe I can do $6,500 in total since I am 51. If I do the $6,500 over 3 transactions this year, do I have to file 3 form 8606's or can I consolidate all 3 transactions onto one form 8606?
by multiham
Thu May 18, 2017 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth with Schwab
Replies: 4
Views: 497

Backdoor Roth with Schwab

Little nervous after my transaction today. Looking to make sure I did not screw anything up I opened an IRA at Schwab last week. I have no other TIRA's, but do have a small Roth IRA from a while ago. Placed $2,000 into the IRA today via a transfer from my linked Schwab bank account. Money is instant...
by multiham
Sun May 14, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Pre-retirement Advice Requested
Replies: 18
Views: 1864

Re: Pre-retirement Advice Requested

I know I am in the minority here, but you are about to make 1 of the top 3 or 4 decisions in your life when you retire and how you go about the financial transition. Here is what I would do: 1. Write down exactly what you want to accomplish with the CFP 2. Explain to the CFP that you are not looking...
by multiham
Sat May 06, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Validate 529 Planning
Replies: 1
Views: 227

Validate 529 Planning

Looking for some thoughts on my 529 Plan I've been funding my kids plans at low levels since they were born. Here are my facts and current thought: 52 years old looking to retire in 5 years Fully fund my 401K and now funding Taxable IRA to do Backdoor Roth for 2017 On track for my retirement plan 2 ...