Search found 197 matches

by nick evets
Fri Feb 22, 2019 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Trouble stomaching car
Replies: 49
Views: 3434

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: 2727

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: 23
Views: 1444

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: 2727

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: 1001

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: 47
Views: 3127

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: 2033

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: 105
Views: 10157

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: 105
Views: 10157

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: 882

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: 882

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: 2161

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...
by nick evets
Sun Feb 17, 2019 9:25 am
Forum: Personal Investments
Topic: Help me with the Trad vs Roth 401k Math
Replies: 79
Views: 2161

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. :)
by nick evets
Sun Feb 17, 2019 9:19 am
Forum: Personal Investments
Topic: Q for Federal Employees - FEHB, advisors, etc.
Replies: 16
Views: 882

Q for Federal Employees - FEHB, advisors, etc.

Going to the well again - I know many of y'all are Federal employees, and I could use some clarity.... My wife left industry and started a job with the Federal Government in 2014; her dept. operates under the FERS retirement system. My first question is, when is the earliest (not that she'd necessar...
by nick evets
Sun Feb 17, 2019 9:01 am
Forum: Personal Investments
Topic: Help me with the Trad vs Roth 401k Math
Replies: 79
Views: 2161

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

A) Spend from the emergency fund and Roth IRA contribution -> this count as zero income. B) Roth converts the Trad. 401K up to the standard deduction. This is taxed at 0% C) Tax gain harvest or sell the taxable investment at the long-term capital gain tax rate of 0%. KlangFool Don't want to derail,...
by nick evets
Sat Feb 16, 2019 2:55 pm
Forum: Personal Investments
Topic: any advantage to rolling pension into 401k?
Replies: 4
Views: 416

any advantage to rolling pension into 401k?

I'm losing my job with a megacorp (but will have an offer from another co.). With megacorp I have my 401k and a modest cash balance pension plan -- this is called various things but it's essentially $50k that grows at the 1 year US treasury rate + 1%. Since my current 401k plan is well regarded in t...
by nick evets
Thu Feb 14, 2019 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 5668

Re: Newlyweds and joint accounts for household expenses

Each partner is going to have “I don’t understand why you spent that much money on X” moments. The trick is to recognize that is goes both ways and not have a fight about it. These two sentences summarize the entire thread, I think. Every comment is simply a description of how couples address this ...
by nick evets
Wed Feb 13, 2019 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 5668

Re: Newlyweds and joint accounts for household expenses

The othe problem with the separate accounts, again for me not for everyone, is the idea of “saving up” for something big. Let’s say I got $500/mo of Jags4186 money and decided not to spend any of it for 20 months and then on my own go out and buy a $10,000 watch/motorcycle/whatever. That wouldn’t b...
by nick evets
Tue Feb 12, 2019 1:09 pm
Forum: Investing - Theory, News & General
Topic: "Don’t Compare Your Investment Returns With Others (Especially On The Internet)"
Replies: 34
Views: 3426

Re: "Don’t Compare Your Investment Returns With Others (Especially On The Internet)"

I don’t compare to others since I don’t think people always tell the full unvarnished truth. One of my former co-workers claimed to do so well I thought he would have been retired. I am now retired and he isn’t. Go figure. Yup. Internet forums, in general, despite the online community aspect, aren'...
by nick evets
Mon Feb 11, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 5668

Re: Newlyweds and joint accounts for household expenses

... I'm just genuinely curious how the separate finances crowd handles these type of situations. Well, most of those situations are budgeted, at least in my case. For example, we each have an assumed spend of $XXX dollars each month for dining-out, groceries, etc...And then we 'roughly' take turns,...
by nick evets
Mon Feb 11, 2019 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 5668

Re: Newlyweds and joint accounts for household expenses

If a couple chooses to throw all their resources into one pot that's great too. However I do wish the judgmental attitudes from the 'other' side would ease up! Well said. I think the 'trust' argument for a single and/or combined joint account is actually stronger when you have individual accounts, ...
by nick evets
Fri Feb 08, 2019 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Renting primary residence furnished - a market?
Replies: 2
Views: 264

Renting primary residence furnished - a market?

My employment situation is changing and I'm considering moving in with my wife :D Joking aside, she has a job in a metro area 4 hours away, where we also own an apt, and I'm thinking of renting our primary residence and living in our apt for 6 months or a year, since I'd be able to work remotely. Ho...
by nick evets
Sun Feb 03, 2019 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 107
Views: 14932

Re: Unpleasant surprise 2018 Federal Tax - high level overview?

The amount of your tax liability (the tax bill itself) is what is important, not the refund or underpayment. The fact that you underwithheld or overwithheld is irrelevant. It is your responsibility to figure out during the year if you are close to covering your tax liability for the year and making...
by nick evets
Fri Feb 01, 2019 4:51 pm
Forum: Personal Consumer Issues
Topic: Excel -- setting up what-if analysis for budget
Replies: 8
Views: 545

Re: Excel -- setting up what-if analysis for budget

three columns... That works too, ladycat, but like the other suggestion a bit better, but either way when I have a new entry I'm going to need some sort of label arrangement. This isn't of course for a food list, but just a big budget, and trying to figure out, what if we get rid of one mortgage, o...
by nick evets
Fri Feb 01, 2019 3:05 pm
Forum: Personal Consumer Issues
Topic: Excel -- setting up what-if analysis for budget
Replies: 8
Views: 545

Re: Excel -- setting up what-if analysis for budget

Columns are free in Excel. :D A simple way would be to add one extra CELL. In that cell is either a 1 or a 0. Lets make that cell C1. Set your dollar values to be a formula of C1 times the regular value. To eliminate the cost, set cell C1 to zero. To restore, make C1 equal to one. Of course - great...
by nick evets
Fri Feb 01, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: Excel -- setting up what-if analysis for budget
Replies: 8
Views: 545

Excel -- setting up what-if analysis for budget

Could use some help, as the examples I'm finding aren't what I'm looking for... Let's say you have a simple grocery spending budget with two columns. item: cost: eggs $4 ham $8 milk $2 hotdog $2 ... and sum the total...Suppose you wish to see how your total would change if you gave up meat. How woul...
by nick evets
Tue Jan 29, 2019 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 107
Views: 14932

Re: Unpleasant surprise 2018 Federal Tax - high level overview?

So 2018 wages were 256k, w/h was 49k, 2017 wages were 246k, and w/h was 53k I'm not sure how I came up with those original numbers, but that's much higher than our W2 income. Rounding, the approx numbers... 2017: combined w2 wages = $205,000 withholding = $33,000 2018: combined w2 wages = $213,100 ...
by nick evets
Sat Jan 26, 2019 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 107
Views: 14932

Re: Unpleasant surprise 2018 Federal Tax - high level overview?

I don't think I believe you are paying thousands more taxes this year than last. I tried to find a number that results in this using MFJ and your deductions, and I can't.... Umm, ok? Actually you would be correct in that the taxes we *owe* to Uncle Sam haven't really changed that much in 2018 and 2...
by nick evets
Fri Jan 25, 2019 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 107
Views: 14932

Re: Unpleasant surprise 2018 Federal Tax - high level overview?

Withholding tables were changed yo assume 1 job per situation and have NEVER taken into account 1099 income. So if you and your spouse were both working and neither of you ever did a work sheet your w4 was never right . The old tables intentionally over withheld for the majority of tax payers, prob...
by nick evets
Fri Jan 25, 2019 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 107
Views: 14932

Re: Unpleasant surprise 2018 Federal Tax - high level overview?

My understanding is that the SALT cap is $10K for MFJ. (Someone correct me if I’m wrong here though). So it’s a long ways to get to itemized deductions of 29K! Huge mortgage and charitable contributions? Are you sure you did the math right? We have two mortgages (two residences) and paid about $19k...
by nick evets
Fri Jan 25, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 107
Views: 14932

Re: Unpleasant surprise 2018 Federal Tax - high level overview?

The amount due that you are looking at is because the withholding was changed without any knowledge that you would be affected by the SALT limit. This is the part I'm still trying to wrap my head around. If I didn't itemize, and took the new std deduction of $24k...I'd owe even *more*! So I don't s...
by nick evets
Fri Jan 25, 2019 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 107
Views: 14932

Re: Unpleasant surprise 2018 Federal Tax - high level overview?

Where have I been? I figured I'd owe a bit more with the SALT reduction, but it might be close to a wash with expanded brackets, so didn't worry too much about it, and figured the slightly increased paycheck was due to the latter. So not only do I owe several thousands at least (haven't felt like ad...
by nick evets
Fri Jan 25, 2019 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 107
Views: 14932

Unpleasant surprise 2018 Federal Tax - high level overview?

Sorry if this has been addressed multiple times... Short version, started looking at filing (MFJ) our return for 2018, and it looks like I'll owe several thousand dollars. Typically, Federal taxes have been a break-even proposition. We itemize, and typically have $35k of deductions. With the SALT li...
by nick evets
Thu Dec 13, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: New job, sales at Subaru
Replies: 70
Views: 9126

Re: New job, sales at Subaru

Thank you! I do plan to bust my butt off and learn everything I can. I have not asked about the pay program but we don't work on comission. I would ask about the pay program. Years ago (another life) I sold Subaru's and BMW's for a large dealership in the South East. A very challenging and interest...
by nick evets
Sun Dec 09, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: Guitar Players -CAGED system
Replies: 22
Views: 2260

Re: Guitar Players -CAGED system

Anyone here use the CAGED system? What am I missing? Do you have difficulty with the above mentioned barre chords? ed Odd consumer issue...I certainly think instructors are happy to use "CAGED" to sell various lessons, etc., but -- god bless, you know? It's a pretty meager income stream. It's just ...
by nick evets
Tue Dec 04, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Best new Mac/features for 2000-3000
Replies: 60
Views: 4090

Re: Best new Mac/features for 2000-3000

Go test drive your options at the nearest Apple store so you can see for yourself and hear expert opinion from the staff. You may even spring for one of the all in one iMac models for your needs: https://www.apple.com/imac/ Honestly, this. If you understand you're paying a premium for a certain aes...
by nick evets
Mon Dec 03, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Help me understand "Payout Rate" for an Annuity
Replies: 58
Views: 3441

Re: Help me understand "Payout Rate" for an Annuity

I like the OP's investigation, and my wife and I are thinking about doing something similar in a few years: ie, bridge the gap to SS at age 70, with a fixed income stream. Where it gets tricky is comparing a period certain annuity (say 10 years) to CD/Bond ladders or some other "safe vehicle." Compo...
by nick evets
Wed Nov 21, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 110
Views: 18083

Re: Don't pay full price for SiriusXM radio

With modern vehicles these days you can stream pretty much anything you want for free thru your phone to your vehicle audio. I see no need whatever for a satellite radio service. The UI and content selection isn't close to comparable. Sure, if you listen to a podcast, or music only, setting up a 's...
by nick evets
Thu Nov 08, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: aerobic exercise: rower vs. treadmill and elliptical
Replies: 44
Views: 4093

Re: aerobic exercise: rower vs. treadmill and elliptical

I've had all but an elliptical in my house: a 9500 commercial treadmill, commercial spin bikes, a Concept II rower.... I like a treadmill the best, especially in the winter when standard time (grrr) and weather makes it dangerous and inconvenient to run outside. And setting speed and incline: you ca...
by nick evets
Tue Nov 06, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: USAA credit card
Replies: 22
Views: 1762

Re: USAA credit card

Maybe I don't understand, but I've linked my primary checking account and paying the USAA Visa bill is simply a matter of selecting 'amount' and 'from' in the USAA website.

Agree that it's not a great credit card.
by nick evets
Tue Oct 30, 2018 7:16 am
Forum: Investing - Theory, News & General
Topic: Why I'm NOT 100% stocks
Replies: 36
Views: 5247

Re: Why I'm NOT 100% stocks

How are you timing when you check and act on your IPS?
by nick evets
Thu Oct 25, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: Rich, Broke or Dead: Visualizing probabilities of outcomes in early retirement
Replies: 145
Views: 20128

Re: Rich, Broke or Dead: Visualizing probabilities of outcomes in early retirement

My spending plan is to gradually increase our standard of living from good to better than good. I don't want it to be great, good and then barely acceptable. Saving and living below your means is a Boglehead philosophy. Then you get to retirement of 30 years or more and often the conversation is wh...
by nick evets
Wed Oct 24, 2018 8:38 am
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 26235

Re: PSA: Don't buy a big house

Yes! I successfully explained this to my significant other when we picked our latest house [....] Your logic makes sense, but I've been unable to win the same argument with my spouse. And in fairness, I doubt I'd be thrilled to break out the credit card and pay for hotel rooms each time in-laws, or...
by nick evets
Tue Oct 23, 2018 7:28 am
Forum: Investing - Theory, News & General
Topic: Rich, Broke or Dead: Visualizing probabilities of outcomes in early retirement
Replies: 145
Views: 20128

Re: Rich, Broke or Dead: Visualizing probabilities of outcomes in early retirement

I look at retirement funding as a journey through the desert that might take say 20 or 30 days or even slightly more.... Wouldn't your analogy be more accurate to extend it so that at the start of the trip you'd want to spend a lot of time exploring the desert, thus needing more water, and towards ...
by nick evets
Mon Oct 22, 2018 1:43 pm
Forum: Personal Consumer Issues
Topic: Car Dealer told us car was Certified, but it isnt
Replies: 80
Views: 5456

Re: Car Dealer told us car was Certified, but it isnt

I think the first step is a clear understanding if you bought a "Certified Pre-Owned" vehicle (which will typically come with an extension of the factory warranty) or not. It sounds like you didn't. In that case your recourse is limited, but I'd raise a fuss first with your salesperson, then the GM ...
by nick evets
Mon Oct 22, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 26235

Re: PSA: Don't buy a big house

But you need two people to carry that 8 footer around the house. If you live by yourself, an 8 footer may be a challenge. If you live by yourself in a 3500+ sf house with 12' ceilings, I'm guessing you'll have worse challenges, or enough money to negate them. :) But this is a situation where I'd bu...
by nick evets
Sat Oct 20, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: Selling to CarMax if maintenance light is on?
Replies: 33
Views: 3093

Re: Selling to CarMax if maintenance lights on?

Craigslist should devour a Civic with 125k miles. Personally, I'd DIY the service, but if not comfortable get it done at the cheapest place you can find. Spend a couple hours cleaning the car - tip, start on the inside. :) Get a 3-ring bind and put all your maintenance records in it. Then sell that ...
by nick evets
Fri Oct 19, 2018 7:42 am
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 254
Views: 30964

Re: IWC Watch, any thoughts?

You assume I bought an expensive watch to impress others. I did not. No one ever noticed when I was wearing a $40,000 watch. 99.9999% of the population wouldn't know the difference between an A. Lange Sohne and a Vin Diesel watch. Not saying there aren't posers out there, but I'm not one of them. F...
by nick evets
Thu Oct 18, 2018 2:50 pm
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 254
Views: 30964

Re: IWC Watch, any thoughts?

Spending more on a watch may give you the same pleasure of admiring it's craftsmanship as sitting in a BMW and thinking the same thing. There are "watch people" just like there are "car people". I am certain there are "watch people" and "car people," and probably considerable overlap. Obsession wit...