Search found 109 matches

by sailaway
Sat Dec 16, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Year end review with less nerdy spouse
Replies: 67
Views: 6531

Re: Year end review with less nerdy spouse

Let me take an honest crack at the question (I need to do something as simple myself - whatever I have currently done is still too convoluted for DW) - please add your own suggestions: Taxable Accounts - beginning balance - income <-- should include all "normal" income, as well as real estate incom...
by sailaway
Thu Dec 14, 2017 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: What is a Reasonable Retirement Cost of Living?
Replies: 31
Views: 3063

Re: What is a Reasonable Retirement Cost of Living?

You could figure out what you are paying for the kids now.

You also need to take into account what you hope to do in retirement.
by sailaway
Wed Dec 13, 2017 11:01 pm
Forum: Investing - Theory, News & General
Topic: ESPP - Would you participate and what's your strategy
Replies: 24
Views: 1566

Re: ESPP - Would you participate and what's your strategy

Another vote for max it out, sell immediately. We already have RSUs and some portion of our index funds invested in the company, thank you very much.
by sailaway
Wed Dec 13, 2017 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 24
Views: 3430

Re: TurboTax Prices

My father in law buys Turbo Tax at Costco every year and let's his children use it. There are enough licenses that I was even able to use it before we got married. Still have to pay to file state taxes, but it saves us a few bucks each year. For those without such a father in law, perhaps there is s...
by sailaway
Wed Dec 13, 2017 6:05 pm
Forum: Personal Consumer Issues
Topic: Who is Right Me or Spouse
Replies: 51
Views: 2920

Re: WHO IS RIGHT ME or SPOUSE

My parents went through a cash for Christmas phase. When I got married, they sent the same amount, with both of our names on the check.

Seems fair that you budget per grandchild, rather than based on each of their personal decisions.
by sailaway
Wed Dec 13, 2017 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable vs. Tax Deferred - not much difference?
Replies: 35
Views: 2038

Re: Taxable vs. Tax Deferred - not much difference?

Just from a logic perspective, how do contribution limits negate the benefits?
by sailaway
Tue Dec 12, 2017 9:02 pm
Forum: Personal Consumer Issues
Topic: Progressive Insurance
Replies: 22
Views: 1574

Re: Progressive Insurance

I have been with Progressive off and on for over 20 years. I have been at fault, not at fault, had something stolen...and never been disappointed by their service.

I occasionally get something else because it is cheaper, but usually the next time I look I can return to Progressive.
by sailaway
Mon Dec 11, 2017 11:41 pm
Forum: Personal Consumer Issues
Topic: Moto G5 Plus: Software updates?
Replies: 83
Views: 4367

Re: Moto G5 Plus: Software updates?

My mintsim arrived today, but DH is better at putting on the class protector, so I am waiting on him for activation :)
by sailaway
Mon Dec 11, 2017 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Year end review with less nerdy spouse
Replies: 67
Views: 6531

Re: Year end review with less nerdy spouse

I am the less nerdy spouse, but would definitely not sit through a slide presentation. It seems like maybe we keep it more simple than most? We just take our account totals whenever one of us is curious. For spending, again, we just total what came out of our accounts. This year he super nerded out ...
by sailaway
Mon Dec 11, 2017 5:52 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 181
Views: 10878

Re: Do people still use AAA?

If people are relying on AAA to change a tire...you screwed up in life. THat should be a requirement for a drivers license. And if you're a guy a cant change a tire...pfffttt...nuff said. I'm a firm believer in efficient division of labor. I don't expect the tow truck driver to write his own smartp...
by sailaway
Mon Dec 11, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Virtual Mailbox / Mail Scan Service
Replies: 12
Views: 938

Re: Virtual Mailbox / Mail Scan Service

Have you looked at the full consequences of having a California address? California has a very assertive tax collection bureau. Even if you wouldn't owe any taxes, you may find yourself spending a few hours each year convincing the state of California that you do not owe any taxes.
by sailaway
Mon Dec 11, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Deadlines and limits for IRA and 401k accounts
Replies: 5
Views: 233

Re: Deadlines and limits for IRA and 401k accounts

You can open and fund your 2017 IRA anytime before April 2018. You just tell the provider that this is a 2017 contribution. Thanks! I do not understand your 401K question. Are you thinking of starting a solo 401k for your own business? If so, I believe it needs to be started by Dec 31, but can be f...
by sailaway
Mon Dec 11, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Deadlines and limits for IRA and 401k accounts
Replies: 5
Views: 233

Re: Deadlines and limits for IRA and 401k accounts

You can open and fund your 2017 IRA anytime before April 2018. You just tell the provider that this is a 2017 contribution. I do not understand your 401K question. Are you thinking of starting a solo 401k for your own business? If so, I believe it needs to be started by Dec 31, but can be funded unt...
by sailaway
Mon Dec 11, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 89
Views: 7602

Re: 2018 financial goals - what are yours?

carolinaman wrote:
Mon Dec 11, 2017 7:54 am
2comma wrote:
Mon Dec 11, 2017 1:15 am
Retired, conservative investor, no debt. As long as we beat inflation we're good, that's the goal.
Retired also and conservative investor. I have goal of 2% real investment gain.
As a BH, I must ask: is this a goal (something you will be working towards) or a hope/wish?
by sailaway
Mon Dec 11, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Can/Should early retiree avoid ACA tax credits?
Replies: 55
Views: 3422

Re: Can/Should early retiree avoid ACA tax credits?

I don't understand how following the rules and obeying the law would be considered unethical. Law and ethics have little to do with each other. Moreover, one ethic can clash with another. Many people claim that certain programs are unethical, but that it would also be unethical to not get what is y...
by sailaway
Sun Dec 10, 2017 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 89
Views: 7602

Re: 2018 financial goals - what are yours?

grettman wrote:
Sun Dec 10, 2017 6:47 pm
I just want to do what I did last year:
Watch stocks go up by 20%?
by sailaway
Sat Dec 09, 2017 1:38 pm
Forum: Personal Consumer Issues
Topic: Moto G5 Plus: Software updates?
Replies: 83
Views: 4367

Re: Moto G5 Plus: Software updates?

I have had a Moto G3 for 2 years. It is a nice very easy to use phone but the camera quality is not that good. The camera quality is fine. What sucks is the default app. And there is so little space that I was only able to replace it with a better app because I rooted my phone for other reasons. I ...
by sailaway
Thu Dec 07, 2017 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Should I file taxes w/o her?
Replies: 54
Views: 3597

Re: Should I file taxes w/o her?

Some deductions are not available for married filing separately. The one I was concerned about when I checked was student loan interest, but it seems unlikely that would be the only one.
by sailaway
Thu Dec 07, 2017 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 5484

Re: What do Bogleheads say when they don't want to spend money?

"It's just not a priority for me/us."

Throws nosey people off their game.
by sailaway
Thu Dec 07, 2017 8:38 pm
Forum: Personal Consumer Issues
Topic: Gift Giving Strategy for Married Couples
Replies: 20
Views: 1604

Re: Gift Giving Strategy for Married Couples

I give my husband his favorite candy because he never buys it for himself. He does not get me anything. The first few years, I got myself or us something and wrapped it, but now that we have to fly back to family instead of driving, I don't even do that. More to your situation, when my brothers stop...
by sailaway
Thu Dec 07, 2017 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 56
Views: 6936

Re: House on the market less than a day. Did listing agent commit fraud?

In most (all?) jurisdictions AFAIK real estate agents do not have a fiduciary responsibility to anyone. In our neck of the woods and in other hot markets there has been an uproar related to agent practices. Agents misleading sellers as to value of their properties, buying them from them and then re...
by sailaway
Thu Dec 07, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: How do you know you are FI? [Financially Independent]
Replies: 48
Views: 3834

Re: How do you know you are FI? [Financially Independent]

Am I the only one who knows spry senior citizens? Why do people assume that the will be decrepit by 75?
by sailaway
Tue Dec 05, 2017 6:37 pm
Forum: Personal Consumer Issues
Topic: Lowering My Grocery Bill
Replies: 110
Views: 7062

Re: Lowering My Grocery Bill

Re: GF, I think what was meant is that plenty of normal food is already GF, so one should not need to buy things like GF-cookies. That is, a cookie is traditional American fare. Ah - perhaps he meant to say "Gluten-Free substitute foods" or similar. But no matter how you slice it - it is still a mo...
by sailaway
Tue Dec 05, 2017 6:06 pm
Forum: Personal Consumer Issues
Topic: Lowering My Grocery Bill
Replies: 110
Views: 7062

Re: Lowering My Grocery Bill

Not sure why you consider Trader Joe's expensive, and I pay close attention to the Ralphs flyers, e.g. buy 4 boxes of Kellogg cereal for $1.49 each this week; they are usually 4.99 (?) each, I believe. I also find the display by the bathrooms with bread, etc. nearing expiration - 99 cents for a loa...
by sailaway
Tue Dec 05, 2017 5:53 pm
Forum: Personal Consumer Issues
Topic: Lowering My Grocery Bill
Replies: 110
Views: 7062

Re: Lowering My Grocery Bill

Los Angeles plus the GF-Requirement will mean that you will only be able to lower it by so much. When we found out that my daughter; and then later my wife; required a Gluten-Free diet our grocery bills went up substantially - Gluten-Free foods cost more - I've just learned to accept it. We spend a...
by sailaway
Tue Dec 05, 2017 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Info
Replies: 8
Views: 697

Re: HSA Info

You can get reimbursement from any year starting the year you opened the HSA, as long as you have the receipts. These withdraws will be penalty free because they are for qualified medical expenses.

Once you reach the age of 65, you can also make withdrawals for non medical purposes, without penalty.
by sailaway
Tue Dec 05, 2017 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Info
Replies: 8
Views: 697

Re: HSA Info

The HSA Account belongs to you. You mention that you are going to contribute to the HSA and have knee surgery. Something to consider. Myself and a lot of other bogleheads max our HSA contribution each year and then pay medical costs out of pocket. I haven’t spent a dime of HSA funds in years even t...
by sailaway
Mon Dec 04, 2017 8:49 pm
Forum: Personal Consumer Issues
Topic: It's that time of year again... buying christmas gifts
Replies: 70
Views: 5809

Re: It's that time of year again... buying christmas gifts

I always ask for underwear and socks. That way I don't get any gifts for Christmas. Well, you did ask how everyone does it, right? MIL will give me socks. I thought the boss was the one that was supposed to give, in a rare non reciprocal way? As for the OP, you are spending $300 on each other or to...
by sailaway
Mon Dec 04, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Family Finance Meeting Agenda
Replies: 23
Views: 2262

Re: Family Finance Meeting Agenda

We have conversations, not meetings. If one of us wants to talk about something financial, they bring it up. Sometimes one of us will read something and send a link, and we end up having an email conversation for awhile and/ or discussing it over breakfast the next day. A couple of times a year we u...
by sailaway
Mon Dec 04, 2017 8:02 pm
Forum: Personal Consumer Issues
Topic: RV rentals
Replies: 21
Views: 1860

Re: RV rentals

Better to just read and move past thoughts that don't fit your perfect response rather than shut down the discourse. Just my opinion. :o Yeah, pretty rude. This is the kind of thing that detracts from BH, IMHO. Re the OP initial question: I've used Cruise America three times and it always worked ou...
by sailaway
Sun Dec 03, 2017 3:26 pm
Forum: Personal Consumer Issues
Topic: Want to start after school prep work for underprivileged
Replies: 14
Views: 1038

Re: Want to start after school prep work for underprivileged

Market research should always start with what is currently available in your area. If, after thorough research, you think there are gaps, you then follow up by looking at existing programs elsewhere as models. Motivated high school students in underserved areas often have jobs, so what they may need...
by sailaway
Sun Dec 03, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Housing Heuristics - Rising Income
Replies: 15
Views: 1145

Re: Housing Heuristics - Rising Income

The income you hope to have should not affect the house you buy today.
by sailaway
Sun Dec 03, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: 401k in plan rollover vs. mega backdoor Roth
Replies: 15
Views: 973

Re: 401k in plan rollover vs. mega backdoor Roth

I have no idea how I responded to the wrong thread.
by sailaway
Fri Dec 01, 2017 8:52 pm
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 19519

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

It is a fiat currency without a Secret Service or military behind it.
by sailaway
Fri Dec 01, 2017 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 138
Views: 13014

Re: FIRE [financial independence/retire early]

You are denying reality. A college grad is not remotely the same things as a 45-50 year old person who hasn't worked in their field for 5 years. Why is it that if people disagree with others on the internet they love to say things like you are denying reality! Rather than they simply disagree. A co...
by sailaway
Fri Dec 01, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Former Employer refusing to contribute earned Wellness Rewards
Replies: 6
Views: 1048

Re: Former Employer refusing to contribute earned Wellness Rewards

Have your read through the fine print. Our program explicitly states that you must be employed at the time of disbursement. It is explicit, but it is in the fine print.
by sailaway
Fri Dec 01, 2017 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP/HSA? employer covers 100% of premium
Replies: 4
Views: 412

Re: HDHP/HSA? employer covers 100% of premium

Does your employer offer any seed money for the HDHP plan?
by sailaway
Fri Dec 01, 2017 3:54 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10378

Re: Price of haircut?

Anyone remember the Flowbee? That has to be a Boglehead approved way of cutting hair. We have on more than one occasion had someone stop us on the way to the common room with our vacuum in tow: -What are you guys up to? -She is going to cut my hair! -Do you have a flowbee? I used to cut my girls ha...
by sailaway
Fri Dec 01, 2017 3:50 pm
Forum: Investing - Theory, News & General
Topic: Filling up the Roth IRA first
Replies: 13
Views: 1196

Re: Filling up the Roth IRA first

I've noticed this topic alot on the forum and I had questions. How come you guys fill up the Roth IRA at the beginning of the year and then put the remainder in the taxable account? Why not just pay monthly into the Roth until it reaches contributions limits at the end of the year. Is there some ad...
by sailaway
Wed Nov 29, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: When to tell the SO about my financial situation?
Replies: 109
Views: 5490

Re: When to tell the SO about my financial situation?

From her perspective, it sounds like you already know everything about her financial situation and are even telling her what to do. Of course she would want to know about your situation and it must feel very odd that you are trying to hide it. That in and of itself puts the relationship on an unequa...
by sailaway
Sat Nov 25, 2017 10:42 am
Forum: Personal Consumer Issues
Topic: What are average incomes for luxury vehicle purchases? Will help me decide
Replies: 57
Views: 3652

Re: What are average incomes for luxury vehicle purchases? Will help me decide

The immigrants I know don't buy luxury cars until they have all their other financial ducks in a row. They may be happy with a smaller home than Americans in a similar financial situation, but Americans will consciously sacrifice on the home to upgrade the car.
by sailaway
Fri Nov 24, 2017 12:20 am
Forum: Investing - Help with Personal Investments
Topic: Employer changing 401(k) terms
Replies: 12
Views: 1475

Re: Employer changing 401(k) terms

If the match is related to 2017, you are eligible to receive it. It doesn't matter if you terminate employment in 2018. This was not my experience with a previous employer. They matched 4% of employer's salary in the 401K account throughout the year, and then you would get another 2% only in March ...
by sailaway
Thu Nov 23, 2017 11:09 am
Forum: Personal Consumer Issues
Topic: Christmas gifts for lots of kids (experiences or stock)?
Replies: 36
Views: 2748

Re: Christmas gifts for lots of kids (experiences or stock)?

We gift experiences that we are rarely around to participate in, so I am sure that most of my nieces and nephews don't think we give them anything. I still wouldn't give stock. Our siblings have very particular ideas about everything and we respect that at gift giving time. Remember when Disney was ...
by sailaway
Sat Nov 18, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: Any of you trade just a little as a hobby?
Replies: 53
Views: 4627

Re: Any of you trade just a little as a hobby?

I have a motif account, but I don't play with it. I just buy a motif and let it stew. I don't even buy into the updates. It is about 5% of my personal net worth, 2% of our joint networth. I had stopped contributing, but the set a minimum balance earlier this year, so I threw in some more rather than...
by sailaway
Sat Nov 18, 2017 1:55 am
Forum: Personal Finance (Not Investing)
Topic: Why did Vanguard drop TurboTax?
Replies: 16
Views: 3215

Re: Why did Vanguard drop TurboTax?

This topic was popular last year at tax time too. I buy TurboTax for around $40-$50 each year, except when it was cheaper/free through Vanguard. It is interesting how much time is spent on the Forum discussing how to save so few bucks once a year. There's also the issue of having to reenter a lot o...
by sailaway
Fri Nov 17, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: HR messed up my HSA election
Replies: 7
Views: 623

Re: HR messed up my HSA election

Thanks. I teach in Ohio where we do not pay in for SS. If I understand you correctly, then I could contribute most everything post tax in 2018 and put the pre-tax money toward my 403b? The other twist is that I may be relocating next summer so I am considering trying to max everything I can by the ...
by sailaway
Thu Nov 16, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Finance Simplicity
Replies: 36
Views: 2025

Re: Finance Simplicity

that's the thing; If Im making money - i'll pay taxes on it. Not an issue in a future 15% tax bracket. I'm not rich - just want to retire comfortably. I wont have to worry about hiding money from the govt. Seems to me everyone is so worried about not paying taxes and hiding money in all these diffe...
by sailaway
Thu Nov 16, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 4806

Re: Fair way to split expenses?

For those who make a 50/50 split, are the chores also split 50/50? If so, by what measure? And this is a great example of why it can only be 50/50. When you start keeping score and deciding who deserves more because of their various monetary and non-monetary contributions, all you will wind up with...
by sailaway
Thu Nov 16, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: reached 54K IRS limit, now will miss employer match, what to do
Replies: 19
Views: 1155

Re: reached 54K IRS limit, now will miss employer match, what to do

On a related note, how do you hit 54,000 in 401k contributions prior to depositing 18,000? Not just the op just in general. Example below: a company has a very generous match of 10% of your salary and you make $180,000 a year. You put in 18,000 they put in 18,000 you end up with 36,000. How do you ...
by sailaway
Wed Nov 15, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 4806

Re: Fair way to split expenses?

Please take special note of how most long term arrangements end up evolving. For splitting, what makes most sense to me is for the majority to go into the joint account, with equal amounts set aside for each individual. For those who make a 50/50 split, are the chores also split 50/50? If so, by wha...