Search found 235 matches

by nick evets
Sun Nov 17, 2019 3:35 pm
Forum: Personal Investments
Topic: Separate $ in...retirement??
Replies: 38
Views: 3506

Re: Separate $ in...retirement??

I think your wife values her independence and is potentially afraid of losing that in retirement. Try and empathize with that. She speaks as if she simply wants to be in charge of her own life, not that she wants to hoard her money away from you or blow through it all. I don't think drastic changes...
by nick evets
Fri Nov 15, 2019 2:34 pm
Forum: Personal Investments
Topic: Separate $ in...retirement??
Replies: 38
Views: 3506

Re: Separate $ in...retirement??

The tax liability is a good point -- I hadn't considered that. There are lots of unknowns...what type of lifestyle will your half of the retirement allow you to live? Does your wife want to take expensive cruises, for example, that you would not be able to afford? Will her spending be for things the...
by nick evets
Fri Nov 15, 2019 1:44 pm
Forum: Personal Investments
Topic: Separate $ in...retirement??
Replies: 38
Views: 3506

Separate $ in...retirement??

For 20 years of marriage my wife and I have had a 'his,' 'hers,' and 'ours,' account. It's worked out well: we've been fortunate to have good jobs over most of our lifetime, and are on the cusp of retirement. A couple points that may or may not be germane: 1) we don't have children, and no desire to...
by nick evets
Thu Aug 01, 2019 7:56 am
Forum: Personal Investments
Topic: "How active management survives"
Replies: 26
Views: 3853

Re: "How active management survives"

The thing is...let's say I know 6 people that are unquestionably "rich" -- one in the many tens of millions range. And I know them well enough personally to know that 100% use a financial advisor, or some sort of professional wealth management. All of them. And at least some are involved in things I...
by nick evets
Fri Jul 26, 2019 10:12 am
Forum: Personal Investments
Topic: What to do in a crash
Replies: 65
Views: 7290

Re: What to do in a crash

Cheer up. Recognize that a 50% loss in value will require a 100% gain to recover, so it's going to be a while....Crash will only take a month, and you've got to wait years going forward.... In the meantime you'll be cheered by posts from people who: 1) "saw it coming because XYZ, so they went all to...
by nick evets
Wed Jul 17, 2019 12:13 pm
Forum: Personal Investments
Topic: Counseling a Colleague About Their Financial Advisor
Replies: 30
Views: 2204

Re: Counseling a Colleague About Their Financial Advisor

Will you tell your friend she should listen to you because you've been reading a free internet forum, and getting good advice from strangers? And she is wasting money working with a certified financial advisor? What level of credibility are you bringing to the table that qualifies you to direct her ...
by nick evets
Mon Jul 08, 2019 11:25 am
Forum: Personal Consumer Issues
Topic: Outdoor Fire Pit - Wood vs. Gas?
Replies: 53
Views: 4071

Re: Outdoor Fire Pit - Wood vs. Gas?

Does it have to be attractive? I'm a big fan of 'burn barrels' - just an old 55 gallon barrel with some holes punched in the bottom. Burns household trash nicely, too, as well as papers you might otherwise shred. But after a couple months outdoors it rusts and looks horrible. But the 'chimney' funct...
by nick evets
Sat Jul 06, 2019 11:07 am
Forum: Personal Finance (Not Investing)
Topic: 50-60k boat purchase??
Replies: 84
Views: 6295

Re: 50-60k boat purchase??

I agree that boats can be expensive, but not being a boat expert, I'm guessing the boat in the photo costs more than a typical boat in the same size range, but has some capability or features that other boats in the same size range (which I believe do cost less) don't? Since you mentioned cameras, ...
by nick evets
Sat Jul 06, 2019 9:27 am
Forum: Personal Finance (Not Investing)
Topic: 50-60k boat purchase??
Replies: 84
Views: 6295

Re: 50-60k boat purchase??

I think if you want to upgrade, you should. As an impatient sales rep at B&H Photo Video once told me, "Every man is his family's own accountant," when I was equivocating over a purchase.... I would just say, as a long time fisherman and boat owner, the market for used boats has been crazy over the ...
by nick evets
Wed Jul 03, 2019 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: The Day Has Come - Hit Retirement Number - Now What?
Replies: 103
Views: 11324

Re: The Day Has Come - Hit Retirement Number - Now What?

Book Premise... "Quit your job, don't tell your boss"... i.e. show up, do what's required, get a life (beyond work). When the right time comes... leave! Ugh, who feels good about that?? It's not fair to your co-workers, your employer, nor yourself, unless you're already someone who puts forth only ...
by nick evets
Tue Jul 02, 2019 3:57 pm
Forum: Personal Consumer Issues
Topic: how do couples work together on home finance
Replies: 60
Views: 4956

Re: how do couples work together on home finance

Hard to 'force' the partner to be interested in something he or she inherently doesn't care about. And going right from 0 to 60 ? (nothing to weekly 30 min sessions??). Are there core financial issues you'd like help with, or joint decision-making to mutually solve, and/or are you also annoyed becau...
by nick evets
Mon Jul 01, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Would we regret buying a 2nd home?
Replies: 90
Views: 9191

Re: Would we regret buying a 2nd home?

It may be different after I retire, but I do not really have the time to do all the upkeep on one home/small farm. I can't imagine having two. lol....+1 I enjoy working at the house, but having 2 to maintain would be frustrating. Esp a 2nd home that is supposed to be a 'vacation' home....having to ...
by nick evets
Mon Jul 01, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Would we regret buying a 2nd home?
Replies: 90
Views: 9191

Re: Would we regret buying a 2nd home?

Wife and I have a small second property on the coast, 2.75 hours away. We've had it for about 15 years -- has it appreciated? Sure, but we'd probably break-even given the money we've sunk into improvements. Would we be financially ahead had we never bought, and left the purchase price in equities? Y...
by nick evets
Mon Jul 01, 2019 11:10 am
Forum: Personal Consumer Issues
Topic: anyone in the market for a lawn tractor?
Replies: 31
Views: 2166

Re: anyone in the market for a lawn tractor?

Mowing ~1acre with a push mower seems...masochistic. By chance do you have a Sears Outlet store within driving distance? If you don't mind some minor cosmetic issues, you can purchase a brand-new Craftsman riding mower for a substantial discount. But really, a basic Craftsman/Deere/Husq. etc, from t...
by nick evets
Mon Jul 01, 2019 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 22533

Re: Do you share your net worth with family members?

No!

I save that information to share with tens of thousands of strangers on internet forums.
by nick evets
Fri Jun 21, 2019 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Permanent DINK couples - Considerations, thoughts, etc?
Replies: 97
Views: 10807

Re: Permanent DINK couples - Considerations, thoughts, etc?

Hmm....I'm still not sure I see the financial question here. Wife and I married somewhat late in life (mid/late 30's) and didn't have a desire to have children and 20 years later...no regrets. Financially a significant obligation is avoided, but yes, at the end of our lives, perhaps there may be oth...
by nick evets
Sat Apr 27, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Condo costs
Replies: 16
Views: 1579

Re: Condo costs

My wife and I will probably relocate to the U.S. in 2021 after living in Europe for more than 26 years. We are trying to estimate the monthly costs of owning a condominium.... JK It depends! You've left 'internet' off your list. And maybe there's an additional charge for parking, if it's available....
by nick evets
Mon Apr 15, 2019 3:49 pm
Forum: Personal Consumer Issues
Topic: venting/air flow large master bath with high ceilings
Replies: 4
Views: 417

venting/air flow large master bath with high ceilings

We have a large master bath in a 30 year-old suburban home. The bathroom as very high ceilings -- ~20' -- and ceiling fan and two skylights. There is a toilet closet in the bathroom with a small exhaust in the ceiling, but otherwise no venting except the HVAC supply vents in the floor. We've had mol...
by nick evets
Wed Mar 27, 2019 8:20 am
Forum: Personal Consumer Issues
Topic: Buying Concert Tickets
Replies: 20
Views: 964

Re: Buying Concert Tickets

Ticketmaster and Stubhub are definitely the safest options. You'll usually pay a slight premium for that protection though. They are still usually my go-to though since I've never had a bad experience with either. As for the prices, unfortunately it's just anyone's guess. There really isn't a rule ...
by nick evets
Tue Mar 26, 2019 11:27 am
Forum: Personal Consumer Issues
Topic: I would like a boat. I also know nothing about boats
Replies: 147
Views: 9826

Re: I would like a boat. I also know nothing about boats

I really don't see how a Boston Whaler would be a good boat for OP. It *wouldn't* be, but the point of this thread is to either repeat the "two happiest days..." aphorism, or supply a boat (or canoe!) brand or style that you, yourself, are partially familiar with. Oh, and to admonish the OP that he...
by nick evets
Mon Mar 25, 2019 4:09 pm
Forum: Personal Consumer Issues
Topic: I would like a boat. I also know nothing about boats
Replies: 147
Views: 9826

Re: I would like a boat. I also know nothing about boats

ponyboy wrote:
Mon Mar 25, 2019 2:04 pm
Best two days of boat ownership..

The day you buy, and the day you sell.
If that's the case, I've had quite a few good days...and more to come!
by nick evets
Mon Mar 25, 2019 8:22 am
Forum: Personal Investments
Topic: Adjust my AA to compensate for spouse AA?
Replies: 13
Views: 1066

Re: Adjust my AA to compensate for spouse AA?

I wonder how many people are in the position of the OP? I am, kinda. After a couple unpleasant go-rounds with retirement accounts (once with a financial advisor) my wife has settled in with her TSP and an external IRA, and is completely disinterested in the subject. To adjust our AA (around 60:40) ...
by nick evets
Mon Mar 25, 2019 8:09 am
Forum: Personal Consumer Issues
Topic: I would like a boat. I also know nothing about boats
Replies: 147
Views: 9826

Re: I would like a boat. I also know nothing about boats

Some very good posts above about taking a boating course and options on boats. I would also add that you really need to do some research on boats in general and also on which boat would fit your needs. That is even more important since you have very little knowledge of boating. Focusing on 19-22' o...
by nick evets
Mon Mar 25, 2019 7:32 am
Forum: Personal Finance (Not Investing)
Topic: general q: taxes on annuities from 401ks
Replies: 1
Views: 165

general q: taxes on annuities from 401ks

Hi all -- I'm a bit confused about something and just want to clarify... I can convert part or all of my 401k to a lifetime annuity through my plan provider. My understanding is the annuity payments would be taxed at ordinary income rates. What if I wanted to purchase a 10 year simple annuity, and t...
by nick evets
Sun Mar 24, 2019 8:09 am
Forum: Personal Finance (Not Investing)
Topic: IRS notice 3/22/2019: for 2018 taxes, no penalty if 80% of tax shown on return was withheld or est taxes paid
Replies: 13
Views: 2411

Re: IRS notice 3/22/2019: for 2018 taxes, no penalty if 80% of tax shown on return was withheld or est taxes paid

Married 0 has never worked well for 2 earner households, but it's even more off under the new withholding tables. In 2017 we were witholding an extra $2500/year. In 2018, that amount doubled. Yes, that sounds about right for us as well. Actually prior to this year, I was claiming "S" with 2 allowan...
by nick evets
Sun Mar 24, 2019 7:26 am
Forum: Personal Finance (Not Investing)
Topic: IRS notice 3/22/2019: for 2018 taxes, no penalty if 80% of tax shown on return was withheld or est taxes paid
Replies: 13
Views: 2411

Re: IRS notice 3/22/2019: for 2018 taxes, no penalty if 80% of tax shown on return was withheld or est taxes paid

They should have given some sort of reward to those who were instead not caught by surprise and diligently made their estimated payments. Feels like the new homeowner assistance program all over again... What reward would you like? I confess I didn't remember or participate in what the IRS says was...
by nick evets
Tue Mar 19, 2019 4:51 pm
Forum: Personal Consumer Issues
Topic: Recommendations on treadmill purchase
Replies: 16
Views: 1269

Re: Recommendations on treadmill purchase

Long story: years ago, my local gym was clearing out old equipment, and I bought a Life Fitness 9500HR for $500. Another $100 plus tip to have 3 movers haul it upstairs. 1 year later some wax problem where the belt wasn't getting sprayed -- $240 in parts and labor. 6 months after that, my wife becam...
by nick evets
Mon Mar 18, 2019 6:48 pm
Forum: Personal Consumer Issues
Topic: Fishing Kayak recommendation
Replies: 50
Views: 2807

Re: Fishing Kayak recommendation

Everything about the canoe experience is better for me than 2 separate kayaks. You mention that you have a "large SUV", so I assume you would be able to carry a canoe. They also make hitch extenders like this... https://www.homedepot.com/p/TriCam-350-lb-Capacity-Load-Extender-SLE-1/204317805 IME, S...
by nick evets
Mon Mar 18, 2019 12:31 pm
Forum: Personal Consumer Issues
Topic: Fishing Kayak recommendation
Replies: 50
Views: 2807

Re: Fishing Kayak recommendation

I never thought of keeping it inside (maybe one may go in) the SUV. that might work, I have to see if I have enough space to keep back hatch open and slide it in there (or keep the door open). Thanks for that. The only reason why I am considering those alternatives (or maybe revo 11) is the two kay...
by nick evets
Mon Mar 18, 2019 9:20 am
Forum: Personal Consumer Issues
Topic: Fishing Kayak recommendation
Replies: 50
Views: 2807

Re: Fishing Kayak recommendation

[I am leaning towards outback for myself, and either a sport or a compass for my kid. I would *not* get the Sport -- it's too short, too slow and more of a recreational water toy-thing than a serious fishing kayak. The Outback is great, however, and probably my all-around favorite boat in their fle...
by nick evets
Sun Mar 17, 2019 9:35 am
Forum: Personal Consumer Issues
Topic: Fishing Kayak recommendation
Replies: 50
Views: 2807

Re: Fishing Kayak recommendation

I have 3 (down from 4) Hobie Mirage drive boats; for the coastal marshes and waters I fish they're a necessity when trying to position against wind and tide. One is an Oasis tandem and it works well with my wife and guests, and 'magically' dramatically increases their catching since I can position t...
by nick evets
Mon Feb 25, 2019 5:15 pm
Forum: Personal Consumer Issues
Topic: Would you fix cosmetic car damage?
Replies: 35
Views: 3075

Re: Would you fix cosmetic car damage?

A couple points to consider...Depending upon your State, you may have to wrestle with damage disclosure if you sell/trade it after repairing it. For example, damage in excess of 25% of the ACV must be reported, etc....If ACV is $19k and you're being quoted $5k to repair...it may be close. Depending ...
by nick evets
Mon Feb 25, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Ring Shopping
Replies: 82
Views: 4587

Re: Ring Shopping

If you and your future spouse are doing all the “right” things young bogleheads should be doing (maxing 401ks, Backdoor Roths, high saving in taxable every month, emergency fund of 12+ months, no debt) is spending on something like this crazy? Yes. Full stop. For an alternate perspective: 1) bride-...
by nick evets
Sat Feb 23, 2019 6:25 pm
Forum: Personal Consumer Issues
Topic: Relocate to Carolinas
Replies: 80
Views: 7492

Re: Relocate to Carolinas

The joke is that CARY stands for Congested Area of Relocated Yankees. No, it's C ontainment A rea for R elocated Y ankees. OP, you need to be a lot more specific, regarding what you're looking for. There are some progressive and modern areas of the NC, and a lot of rural areas that tend to be very ...
by nick evets
Sat Feb 23, 2019 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Ring Shopping
Replies: 82
Views: 4587

Re: Ring Shopping

I question the wisdom of starting this thread. :) You knew what the response would be: your fiance is wrong for wanting an engagement ring that's that expensive. (Personally I think it's her decision, and if you want to marry her, deal with it -- not affirm your own frugality by asking a group of in...
by nick evets
Sat Feb 23, 2019 12:03 pm
Forum: Personal Investments
Topic: REIT- taking dividends in cash?
Replies: 2
Views: 380

REIT- taking dividends in cash?

Years ago, we were sold 3 non-traded REIT's by our advisor. We've liquidated two (essentially breaking even), and retained the third because we hadn't held it long enough to avoid a redemption penalty. *If* I can believe the NAV it's grown impressively and generates $1k of dividends quarterly, which...
by nick evets
Sat Feb 23, 2019 10:48 am
Forum: Personal Investments
Topic: Cost Basis Calculation
Replies: 9
Views: 538

Re: Cost Basis Calculation

I feel your pain, 25+ years of a couple MFs sold or merged to other funds over they years. Toss in a couple of moves and a guess is all you have. Some of my records destroyed. A Wild Guess method for me. Yup, feel the pain here. Wife was given some Southern Bell stock year ago, and it progressed in...
by nick evets
Fri Feb 22, 2019 3:12 pm
Forum: Personal Investments
Topic: Should you own company shares in 401(k)?
Replies: 20
Views: 1056

Re: Should you own company shares in 401(k)?

This has been a rough week at Megacorp, and for many co-workers retirement accounts it has been a disaster, our stock took a massive dump on Monday >60% and still bleeding. I count my self as one of the lucky ones that I did not own any shares as I sold off every time and re-allocated to index fund...
by nick evets
Fri Feb 22, 2019 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Trouble stomaching car
Replies: 52
Views: 5135

Re: Trouble stomaching car

You hated seeing how much you paid or owed on the first car, so your answer was to buy a more expensive one? It's like feeling guilty about an upcoming vacation that's going to cost $8000 for 4 days, but then cancelling, and spending $12,000 to go where you really want to go. Might as well, since y...
by nick evets
Fri Feb 22, 2019 11:16 am
Forum: US Chapters
Topic: Do you discuss BH philosophy with others?
Replies: 66
Views: 4068

Re: Do you discuss BH philosophy with others?

I'm still curious -- all conversations seem aimed at people who are either completely ignorant of the basics of savings, retirement accounts, and so forth, or in the clutches of rapacious financial advisors. What about the very rich, and maybe extremely rich people you know? How does he or she respo...
by nick evets
Thu Feb 21, 2019 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating a pay raise
Replies: 24
Views: 2051

Re: Negotiating a pay raise

At megacorp, you had to start early. Primary is to be on top of your managers ordered list of workers since this is a competition. Each manager is given an amount for raises and bonuses so if you didn’t work on important projects your raise and bonds is not good. If you want to a promotion work wit...
by nick evets
Wed Feb 20, 2019 4:49 pm
Forum: US Chapters
Topic: Do you discuss BH philosophy with others?
Replies: 66
Views: 4068

Re: Do you discuss BH philosophy with others?

I am friends, or a family relation through marriage, in some cases, with about eight people I'd consider financially rich. These are acquaintances I'm close enough to, to discuss money and investing, at least casually. In perhaps 50% of the cases, someone else, or a firm, manages the person's money....
by nick evets
Tue Feb 19, 2019 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Do Non Boglehead Type People Know Their Net Worth?
Replies: 17
Views: 1192

Re: Do Non Boglehead Type People Know Their Net Worth?

Would you say non boglehead types or those that aren't that great with saving / investing money even know or track their net worth? I guess I am wondering how these surveys that track net worth are accurate when I feel like most people probably don't know their own net worth. I'm sensing you have a...
by nick evets
Tue Feb 19, 2019 12:10 pm
Forum: Personal Consumer Issues
Topic: Advisability of Using a Personal Trainer at the Gym
Replies: 52
Views: 4179

Re: Advisability of Using a Personal Trainer at the Gym

With personal trainers, there is a wide range of abilities, from super helpful to dangerous. Unless you’re at a fairly high end gym, the trainer that works at the gym will probably be closer to the dangerous end of the range. Wife got a free session at the 24 Hour Fitness. The trainers there are ge...
by nick evets
Tue Feb 19, 2019 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Joining finances - what's easiest?
Replies: 38
Views: 2373

Re: Joining finances - what's easiest?

Didn't we just have a 4 page thread about joint vs. separate finances for married couples? Objectively: those of us who separate our finances and some of our accounts have found a system that works for us. Those who combine everything have found a system that works for them, and it would work for us...
by nick evets
Mon Feb 18, 2019 5:18 pm
Forum: Personal Consumer Issues
Topic: Wife filled our gas engine car with diesel fuel
Replies: 111
Views: 11982

Re: Wife filled our gas engine car with diesel fuel

I know -- you'd it would be binary... Just curious, exactly what were you trying to say? Ed I assumed his answer to me meant that "... you'd THINK it would be binary". Meaning, the nozzle either would or would not fit, but not "sort of fit funny", etc. RM Yes, exactly -- thanks. (Typing too quickly...
by nick evets
Mon Feb 18, 2019 12:38 pm
Forum: Personal Consumer Issues
Topic: Wife filled our gas engine car with diesel fuel
Replies: 111
Views: 11982

Re: Wife filled our gas engine car with diesel fuel

ResearchMed wrote:
Mon Feb 18, 2019 12:20 pm

But I also was among those who thought the nozzle simply would NOT fit.
Why do they make them so they "almost, sort of" fit?
I know -- you'd it would be binary...
by nick evets
Sun Feb 17, 2019 2:52 pm
Forum: Personal Investments
Topic: Q for Federal Employees - FEHB, advisors, etc.
Replies: 16
Views: 1053

Re: Q for Federal Employees - FEHB, advisors, etc.

Agree with DrGoogle2017 - assuming your wife is currently age ~59 with 5 years of service, she'd need to wait until age 62 to be able to retire under the age 62/5 years of service provision. She will reach age 62 before she reaches eligibility for MRA + 10 (in 2024). Possibly, the advisors have in ...
by nick evets
Sun Feb 17, 2019 12:00 pm
Forum: Personal Investments
Topic: Q for Federal Employees - FEHB, advisors, etc.
Replies: 16
Views: 1053

Re: Q for Federal Employees - FEHB, advisors, etc.

I retired in 2014 with MRA+10. My Federal annuity is reduced by 2% for every year that I was less than 62 on the day of my retirement. I became eligible for FEHB from the start. I consider this one of my best decisions. If your wife retires with MRA+10 after the age of 62, her annuity will not be r...
by nick evets
Sun Feb 17, 2019 11:51 am
Forum: Personal Investments
Topic: Help me with the Trad vs Roth 401k Math
Replies: 79
Views: 2457

Re: Help me with the Trad vs Roth 401k Math

Whoa...that IS interesting. Thanks all -- I'm not sure my wife and I would be able to live for a year, yet, w/out taxable income, but the idea is cool. Please forgive the interruption. :) nick evets, A) If you early retire, you should keep 1 to 2 years of the emergency fund. So, if you only spend f...