Search found 1635 matches

by MathIsMyWayr
Mon May 25, 2020 3:06 pm
Forum: Personal Consumer Issues
Topic: Robot vacuums
Replies: 18
Views: 845

Re: Robot vacuums

Recently received an Ecovacs Deebot, was on sale at Costco. Simple and works well. Just close off a section of the house, like hallway, room, or office. Let it run in there for an hour or so. Picks up a lot of stuff. Also buzzes around the kitchen on hard floors picking up everything. Happy with it...
by MathIsMyWayr
Mon May 25, 2020 1:50 pm
Forum: Personal Investments
Topic: Any suggestions for the homestretch of my retirement plan?
Replies: 21
Views: 1460

Re: Any suggestions for the homestretch of my retirement plan?

Everybody is different and the life style of everybody is also different. If your income is 7 figures year after year, you may have developed your own life style. A portfolio of $4.1 million is a nice sum of money for many of us, but I would shoot for a sum around 10x a yearly earning unless it is ...
by MathIsMyWayr
Mon May 25, 2020 1:38 pm
Forum: Personal Consumer Issues
Topic: Anyone buy a car from a rental car company???
Replies: 23
Views: 1810

Re: Anyone buy a car from a rental car company???

Actually, I drive rental cars more carefully and gently than my own cars. I don't want to go through trouble with someone else's car if anything goes wrong. Another reason is that I am not familiar with rental cars even if I am familiar with the particular model.
by MathIsMyWayr
Mon May 25, 2020 1:26 pm
Forum: Personal Investments
Topic: Any suggestions for the homestretch of my retirement plan?
Replies: 21
Views: 1460

Re: Any suggestions for the homestretch of my retirement plan?

Everybody is different and the life style of everybody is also different. If your income is 7 figures year after year, you may have developed your own life style. A portfolio of $4.1 million is a nice sum of money for many of us, but I would shoot for a sum around 10x a yearly earning unless it is t...
by MathIsMyWayr
Sun May 24, 2020 6:45 pm
Forum: Personal Consumer Issues
Topic: Advice? How to stop mud swallow nesting under the house eaves and walls?
Replies: 8
Views: 565

Re: Advice? How to stop mud swallow nesting under the house eaves and walls?

Are they the same as the famed Mission San Juan Capistrano swallows?
by MathIsMyWayr
Sun May 24, 2020 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice for undertaking a PhD
Replies: 40
Views: 2095

Re: Financial advice for undertaking a PhD

Be aware that after a PhD you will probably have to take a PostDoc position at a relatively low salary after the PhD, so add 1-2 years to the length of time living like a student. Financially: I have a PhD, and my starting full-time salary after a postdoc position was the same, inflation adjusted, ...
by MathIsMyWayr
Sat May 23, 2020 11:45 pm
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 117
Views: 8592

Re: Personal spending out of control after Covid-19

Going to a Crepe Myrtle is an interesting choice as that tree is super super super messy. Sorry, but this doesn't bode well. :shock: Be prepared for plenty of raking and clean-up. I have two jacarandas in the front yard and I'm okay with that level of mess. If you think a crepe myrtle is messy, you...
by MathIsMyWayr
Sat May 23, 2020 11:49 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 298
Views: 19950

Re: The axe falls and I am prepared. What's next?

It looks like you’ve got enough to retire but are young enough to work if you want. When I reached that age I became very restless even without being laid off. One new manager that I disliked and often disagreed with finally caused me to choose freedom. In hind sight, that new manager was the best ...
by MathIsMyWayr
Sat May 23, 2020 8:13 am
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 262
Views: 19168

Re: What is your most luxury/expensive hobby.

ponyboy wrote:
Fri May 22, 2020 5:52 am
Are vacations really considered a hobby?
A passive hobby like window shopping.
by MathIsMyWayr
Fri May 22, 2020 7:26 pm
Forum: Personal Consumer Issues
Topic: Blown Power Amplifier: Repair or Replace? [resolved]
Replies: 39
Views: 1762

Re: Blown Power Amplifier: Repair or Replace?

I don't know why I get all sentimental about a household appliance like this. I think I needed to get some kind of permission to replace the old amp. So thanks for that! I still remember an old RCA radio. It was a transformerless 5-tube superheterodyne AM receiver with 12BE6, 12BA6, 12AV6, 50C5, an...
by MathIsMyWayr
Fri May 22, 2020 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 298
Views: 19950

Re: The axe falls and I am prepared. What's next?

F) Late 50+ years old. My question is 1) Is it really worthwhile for me to continue working? I worked in the IT area. If I want to stay in this area, I have to study 10 to 20 hours per week just to keep up with the latest technology. 2) If I do contract work, how much should I get paid before it is...
by MathIsMyWayr
Fri May 22, 2020 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 298
Views: 19950

Re: The axe falls and I am prepared. What's next?

F) Late 50+ years old. My question is 1) Is it really worthwhile for me to continue working? I worked in the IT area. If I want to stay in this area, I have to study 10 to 20 hours per week just to keep up with the latest technology. 2) If I do contract work, how much should I get paid before it is...
by MathIsMyWayr
Fri May 22, 2020 6:29 pm
Forum: Personal Investments
Topic: Current 401k contributions?
Replies: 10
Views: 793

Re: Current 401k contributions?

No idea for a change for the better. Maxed out pre-tax including catch-up and on the way to fill up after-tax soon (room left for company match for the year).
by MathIsMyWayr
Fri May 22, 2020 12:50 pm
Forum: Personal Investments
Topic: Combine 401k Accounts?
Replies: 8
Views: 350

Re: Combine 401k Accounts?

Fees at 401k plans at megacorps are usually low. Unless there is a compelling reason for consolidating, there is no point in hurrying. Depending on the specifics of the plan, I would keep at the old plan for flexibility. May not be applicable yet, the still working exemption of RMD applies to the cu...
by MathIsMyWayr
Thu May 21, 2020 4:58 pm
Forum: Personal Consumer Issues
Topic: Can I afford to buy an expensive guitar?
Replies: 34
Views: 1285

Re: Can I afford to buy an expensive guitar?

I am confused by many things here. -You make 175k a year. -You describe yourself as frugal. -You describe yourselves as good savers. But -You are approaching 40. -You have a net worth of $80 k or less than 0.5 times your annual income. -You have student loan debt that does not even go away in bankr...
by MathIsMyWayr
Thu May 21, 2020 12:03 pm
Forum: Personal Consumer Issues
Topic: Gardening- question about where to mulch, and also about harvesting
Replies: 17
Views: 1033

Re: Gardening- question about where to mulch, and also about harvesting

I picked a small pack of locally grown mint up at Walmart the other day, planted in a 12"D by 9"H plastic container, and placed on a concrete patio. It looks good and I hope there is no chance for it to spread.
https://www.walmart.com/ip/Organic-Mint ... a/26502311
by MathIsMyWayr
Thu May 21, 2020 12:38 am
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA - Balance After Leaving Job?
Replies: 9
Views: 573

Re: Dependent Care FSA - Balance After Leaving Job?

You may want to review the following recent Forbe article. "IRS COVID-19 Fix For Workplace Health And Dependent Care Flexible Spending Accounts: Mid-Year Changes Now Allowed." https://www.forbes.com/sites/ashleaebeling/2020/05/12/irs-allows-mid-year-redos-for-healthcare-and-dependent-care-fsas/#57b2...
by MathIsMyWayr
Tue May 19, 2020 8:45 am
Forum: Personal Investments
Topic: Do prices matter for a long term investor?
Replies: 13
Views: 1444

Re: Do prices matter for a long term investor?

Relatively speaking it can look like stocks/bonds are priced "high" or "low" at certain times. Does it even matter though? Is there ever a case to not just blindly buy stocks/bonds in accordance to one's allocation? Long term or short term, price is everything in investing. If you pay 10% more, you...
by MathIsMyWayr
Mon May 18, 2020 1:37 pm
Forum: Personal Investments
Topic: RSUs [how long to hold]
Replies: 32
Views: 1397

Re: RSUs [how long to hold]

I am currently vesting into RSUs. What is the Boglehead philosophy on whether to hold or sell? Is it best to hold for a year to get capital gains rates or sell once I vest in order to take the money and run? How should I be thinking about this? We sold ours right away every time and invested in the...
by MathIsMyWayr
Mon May 18, 2020 1:18 am
Forum: Personal Consumer Issues
Topic: Importing an almost new car into CA
Replies: 23
Views: 1428

Re: Importing an almost new car into CA

I don't think smog testing would be a significant issue as long as the car was properly registered in the previous state, preferably for several months at least. Yes, you would have to get a smog test done, but as long as you haven't modified the car from manufacturer spec, it's just another minor ...
by MathIsMyWayr
Mon May 18, 2020 12:12 am
Forum: Personal Investments
Topic: Governmental 457 safe?
Replies: 17
Views: 917

Re: Governmental 457 safe?

greg24 wrote:
Sun May 17, 2020 7:30 pm
sergeant wrote:
Sun May 17, 2020 5:56 pm
greg24 wrote:
Sun May 17, 2020 5:52 pm
How about university 457s?
Public or private?
Public.
The distribution rule of state university 457 plan includes a rollover to 457(b) of a public employer, 401(k), 403(b) or IRA.
by MathIsMyWayr
Sat May 16, 2020 6:35 pm
Forum: Personal Consumer Issues
Topic: How did you feel after giving notice to retire?
Replies: 52
Views: 4286

Re: How did you feel after giving notice to retire?

I did not fret about the money but I did feel separation and loss. I really liked the job, had more authority than in prior jobs, liked the people, could work from home when I wanted but I had an ill parent and I was worn down. Turned out my parent passed after I announced I was leaving. I would ha...
by MathIsMyWayr
Thu May 14, 2020 8:06 pm
Forum: Personal Investments
Topic: 0% Employer Match 401k Questions
Replies: 30
Views: 1649

Re: 0% Employer Match 401k Questions

My current employer does not do a match for any $$ put into the 401k, but they will add 3-5% of my salary annually. What does that mean? Employer will add up to 5% of your annual salary to 401(k) regardless of your contribution? What are investment options in your employer’s plan? Correct, regardle...
by MathIsMyWayr
Thu May 14, 2020 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Secretly Retired - Family doesn't know
Replies: 27
Views: 2907

Re: Secretly Retired - Family doesn't know

If you are not wasting, but spend wisely your time, you are as good as employed (without pay).
by MathIsMyWayr
Thu May 14, 2020 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving a Job Voluntarily during a pandemic?
Replies: 31
Views: 2905

Re: Leaving a Job Voluntarily during a pandemic?

What is the most important is the long term prospect, not an immediate payoff. In this sense, $90k is a peanut.
by MathIsMyWayr
Thu May 14, 2020 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to simulate the retirement, living off investments ; Not touching monthly salaries
Replies: 44
Views: 3205

Re: Best way to simulate the retirement, living off investments ; Not touching monthly salaries

Do you really need to simulate something that simple math clearly shows is either capable or not? This x1000 When I simulated our spending in retirement for a whole year, it gave me the confidence (confirmation) that I had considered everything properly. If I had made an error, I would had time to ...
by MathIsMyWayr
Thu May 14, 2020 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Does Delaying Social Security Deliver an 8% Return?
Replies: 92
Views: 7421

Re: Does Delaying Social Security Deliver an 8% Return?

No, never an 8% return unless you collect forever. If you defer until 70 and collect until the following age, the return (compounded) will be: For the sake of simplicity, annual one time payments on birthday and the same annual return are assumed. As you can see, the return approaches slightly less ...
by MathIsMyWayr
Tue May 12, 2020 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Should we create a testamentary trust for $6M estate?
Replies: 198
Views: 8879

Re: Should we create a testamentary trust for $6M estate?

If you gave away $100 million you would pay $40 million of gift tax (ignoring your $11,580,000 exclusion amount). So if you only had $100 million and you already used your $11,580,000 exclusion amount you could only give away $71,428,571. You would pay gift tax of $28,571,428 of gift tax, which wou...
by MathIsMyWayr
Mon May 11, 2020 10:55 pm
Forum: Personal Consumer Issues
Topic: Shrinking Jeans in Washer/Dryer
Replies: 21
Views: 949

Re: Shrinking Jeans in Washer/Dryer

DTalos wrote:
Mon May 11, 2020 7:26 pm
Cheez-It Guy wrote:
Mon May 11, 2020 6:58 pm
Just gain some weight and fill them out a bit. It's easy!
How do you gain weight in your legs but not waist LOL?
A lot of squats and burpees followed by tuck jumps.
by MathIsMyWayr
Mon May 11, 2020 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Should we create a testamentary trust for $6M estate?
Replies: 198
Views: 8879

Re: Should we create a testamentary trust for $6M estate?

cowdogman: I have little doubt that a trust structured by a competent probate attorney is a good idea. I will suggest another idea which my wife and I adopted many years ago. Instead of waiting until your death to distribute your daughter's inheritance, consider giving her part of her inheritance n...
by MathIsMyWayr
Sun May 10, 2020 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement due to COVID 19 ?
Replies: 82
Views: 6176

Re: Retirement due to COVID 19 ?

Tip: Don't take unpaid leave if you plan to return to work. All of your benefits are dropped. Not only medical, but life insurance and long-term disability. COBRA forces the employer to keep you on medical, there's nothing to keep you on the other insurances. Take vacation time instead. No rule wit...
by MathIsMyWayr
Sun May 10, 2020 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement due to COVID 19 ?
Replies: 82
Views: 6176

Re: Retirement due to COVID 19 ?

Regarding delay of Social Security - Yes, the numbers will always show it's better to defer. They don't, actually, or more precisely they don't always show it's better to defer to 70. OP should run the numbers at Open Social Security: https://opensocialsecurity.com/ Don't think of it as taking Soci...
by MathIsMyWayr
Sun May 10, 2020 2:15 am
Forum: Personal Finance (Not Investing)
Topic: Mega backdoor Roth conversion; changing employer
Replies: 9
Views: 616

Re: Mega backdoor Roth conversion; changing employer

Yes, the 57k limit is per employer, so you can continue contributing non-Roth after-tax money up to 57k minus whatever your new employer might contribute. Congrats on being able to save that much money! No the limits are per person per year. You can't get a new job and reset your $57k You’re 40 yea...
by MathIsMyWayr
Sun May 10, 2020 1:46 am
Forum: Personal Finance (Not Investing)
Topic: How to negotiate severance if laid off?
Replies: 75
Views: 6080

Re: How to negotiate severance if laid off?

How would you guys rate Airbnb severance? 14 weeks + 1 week/yr and 12mth COBRA. Looks good? https://www.marketwatch.com/story/airbnb-will-give-laid-off-employees-14-weeks-base-pay-but-millions-more-laid-off-workers-are-not-so-lucky-2020-05-06 Since Airbnb has only been around 11 years, basically pa...
by MathIsMyWayr
Sat May 09, 2020 7:51 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2020!
Replies: 183
Views: 20967

Re: Roll Call for the Retirement Class of 2020!

I've heard this from others, but am now experiencing it myself: The only reason you wear a watch is to know what day it is. :) Working keeps you constantly aware of the day. Without work, there's nothing to remind you. It's a good feeling, as the stress is gone. I do wear a watch, but I only really...
by MathIsMyWayr
Sat May 09, 2020 7:45 am
Forum: Personal Consumer Issues
Topic: Gardening 2020
Replies: 130
Views: 8848

Re: Gardening 2020

I agree. This Spring is unusually cold. Indeed. Tomorrow we are going to get snowy rainy weather and the temperature in the evening will be about 29 degrees. I wrapped some containers with potato seeds in several layers of plastic. I placed a protective netting over my strawberries in a container. ...
by MathIsMyWayr
Sat May 09, 2020 7:36 am
Forum: Personal Consumer Issues
Topic: Percentage of savings to "prepping"?
Replies: 132
Views: 8259

Re: Percentage of savings to "prepping"?

Costco is selling $6,000 doomsday-prepper food kits that can feed a family of 4 for a year
https://www.businessinsider.com/costco- ... ars-2018-3
by MathIsMyWayr
Sat May 09, 2020 7:26 am
Forum: Personal Finance (Not Investing)
Topic: High Income, next financial move?
Replies: 31
Views: 3140

Re: High Income, next financial move?

I started the company and I own 100%. I enjoy the work, the creativity, the building, the challenges, the problem solving, the interactions with the team. Before the pandemic, I was working hard, greatly enjoying it, interspersed with enjoying traveling the globe with my spouse. . . But my creative...
by MathIsMyWayr
Fri May 08, 2020 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Is my CPA overcharging me?
Replies: 24
Views: 3144

Re: Is my CPA overcharging me?

If the CPA turns out to be wrong in his billing, does OP still have to pay for his time going through billing?
by MathIsMyWayr
Thu May 07, 2020 2:33 pm
Forum: Investing - Theory, News & General
Topic: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of
Replies: 60
Views: 7898

Re: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of

My 401k has several index options with expense ratios under 10 basis points. The S&P 500 fund in my 457 has an ER of .003%, three-tenths of 1 basis point. Beyond that, analysis by others on the forum has shown that expense ratios (including any fees charged to participants) must generally be high f...
by MathIsMyWayr
Thu May 07, 2020 6:08 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2020!
Replies: 183
Views: 20967

Re: Roll Call for the Retirement Class of 2020!

LadyGeek wrote:
Wed May 06, 2020 2:14 pm
Hello, World! LadyGeek has landed in retirement! :beer
"Hello, World!" - don't tell me what you are retiring from. :idea:
by MathIsMyWayr
Wed May 06, 2020 1:36 pm
Forum: Investing - Theory, News & General
Topic: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of
Replies: 60
Views: 7898

Re: Yahoo: The Downsides of 401(k)s That You’ve Never Heard Of

I may be biased in favor of 401(k) because all of my employers are large and their 401(k) plans are all reasonable with low ER funds available. For a guy like me, without 401(k): Do not start saving seriously. Automatic deduction from pay checks is a great help in saving. Even if I save, all the sav...
by MathIsMyWayr
Wed May 06, 2020 1:16 pm
Forum: Personal Consumer Issues
Topic: Best [BBQ grill] for the money?
Replies: 94
Views: 6252

Re: Best BBQ for the money?

... The less short answer is if you want a very good gas grill that will last you 15+ years and give you consistent performance over that time, get the Weber. Assuming you are going to do more than cook burgers for two occasionally, get the biggest one you can afford ... JT Isn't a bigger one more ...
by MathIsMyWayr
Mon May 04, 2020 10:53 pm
Forum: Personal Investments
Topic: Tell me what I don't know about retirement?
Replies: 55
Views: 4864

Re: Tell me what I don't know about retirement?

For most of us, it will be a one way street not counting picking up any job to make ends meet if you have to. For the first time ever in life, it may be a critical decision without a second chance.
by MathIsMyWayr
Mon May 04, 2020 10:40 pm
Forum: Investing - Theory, News & General
Topic: Why doesn’t Jim Cramer start a fund?
Replies: 26
Views: 3172

Re: Why doesn’t Jim Cramer start a fund?

He may be afraid people will find the emperor is naked.
by MathIsMyWayr
Mon May 04, 2020 7:38 pm
Forum: Personal Consumer Issues
Topic: Best [BBQ grill] for the money?
Replies: 94
Views: 6252

Re: Best BBQ for the money?

... The less short answer is if you want a very good gas grill that will last you 15+ years and give you consistent performance over that time, get the Weber. Assuming you are going to do more than cook burgers for two occasionally, get the biggest one you can afford ... JT Isn't a bigger one more ...
by MathIsMyWayr
Sun May 03, 2020 8:06 pm
Forum: Personal Consumer Issues
Topic: Best [BBQ grill] for the money?
Replies: 94
Views: 6252

Re: Best BBQ for the money?

Weber genesis about $800 at big box stores. Expensive but 100% worth it in the long run. Buy the best, maintain it and keep it clean and it will last forever, and more importantly it will be easier to cook great food. https://www.homedepot.com/p/Weber-Genesis-II-E-315-3-Burner-Propane-Gas-Grill-in-...