Search found 600 matches

by ThriftyPhD
Mon May 21, 2018 12:34 am
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 86
Views: 8707

Re: done with Gmail

Is it a common/simple account (like xyz :D )? If so, you might be getting spam from people signing up for fake or throwaway accounts. Many websites ask for an email to create an account before you can get access to the site. If someone just entered something for a throw away account (john.smith@gmai...
by ThriftyPhD
Mon May 21, 2018 12:07 am
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 86
Views: 8707

Re: done with Gmail

I have an opposite issue with gmail which I am miffed about and curious if anybody has faced it. I have an account xyz@gmail.com. I think I receive mails meant for xyz/x.y.z/x.yz/xy.z@gmail.com Is my account hacked - anybody facing this? Gmail will ignore periods. xyz, x.y.z, x.yz, and xy.z all res...
by ThriftyPhD
Sun May 20, 2018 10:57 pm
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 86
Views: 8707

Re: done with Gmail

As others commented, it sounds like Google is doing the right thing. You changed your password, and now you don't know it. If someone contacted Google claiming to be me but not knowing the password, I wouldn't want them to just unlock the account. As for Keepass, I've never used it but I do use a pa...
by ThriftyPhD
Sun May 20, 2018 8:47 pm
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 86
Views: 8707

Re: done with Gmail

What does 'recover' or 'clear' mean. Hard to recommend alternatives without knowing what specifically with Gmail doesn't work for you.
by ThriftyPhD
Wed May 16, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 423
Views: 20524

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

For reference, the married filing jointly (MFJ) tax brackets in 2018: 10% $0 12% $19,050 22% $77,400 24% $165,000 32% $315,000 35% $400,000 37% $600,000 Plus, you have the $24k standard deduction, so the first $24k is tax free. Now, lets assume at 4% withdrawal rate. This means you can withdraw $24k...
by ThriftyPhD
Sun May 06, 2018 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Help with in-laws investment- 100% in stocks with 5 years left to retire
Replies: 46
Views: 2987

Re: Help with in-laws investment- 100% in stocks with 5 years left to retu

If your in-laws will have enough income from pensions and Social Security to cover all of their retirement expenses, then keeping 100% stock allocation is not misguided. It is aggressive, but it may be that their goal is to grow their assets for heirs and/or charity. It does make sense to have some...
by ThriftyPhD
Tue May 01, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Ineligible Roth IRA contribution - unemployed
Replies: 6
Views: 730

Re: Ineligible Roth IRA contribution - unemployed

It's by year. You can contribute the smaller of $5500 or the amount you earn in a given year. You don't have to be employed on the day when the contribution is made.
by ThriftyPhD
Sun Apr 29, 2018 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement using Mega Back Door Roth - Need advice
Replies: 8
Views: 1299

Re: Early Retirement using Mega Back Door Roth - Need advice

Hi Fishing, From the age of 50 to 55, I plan to live totally off of my taxable account (and rental income from a few properties I have). Analyzing my expenses necessary at the age of 50, I will likely be in the same tax bracket I am in now (24%). I do not plan to EVER take any 401k distributions. A...
by ThriftyPhD
Sun Apr 29, 2018 7:14 pm
Forum: Personal Consumer Issues
Topic: Maple syrup
Replies: 59
Views: 4912

Re: Maple syrup

Where does everyone buy? What kind of price point ($/gal) do people pay? We use a lot of syrup... Maple Syrup comes in different grades, rated based on color. The darker the color, the stronger the flavor. Some prefer the very light versions because the flavor is more nuanced. The darker grades mig...
by ThriftyPhD
Sun Apr 29, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Would Roth Conversions be worthwhile for me?
Replies: 18
Views: 1629

Re: Would Roth Conversions be worthwhile for me?

How big are your TSP, Roth, and Taxable accounts? Conversions during early retirement when your tax rate is low can help lower pre-tax balances before RMDs start, but that depends on how much is in these accounts.

Do you have a federal pension?
by ThriftyPhD
Sat Apr 28, 2018 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Can Employer Set 401k Contribution Limit Below IRS Limit?
Replies: 33
Views: 2431

Re: Can Employer Set 401k Contribution Limit Below IRS Limit?

This is news to me. Currently I make $60k a year, and have been contributing 30% of my paycheck so far this year in order to max out my 401k at the IRS limit of $18.5k. Can a company actually do such a thing as this? I had no idea... I don't qualify for HCE status or anything either. I plan on talk...
by ThriftyPhD
Sat Apr 28, 2018 10:30 pm
Forum: Investing - Theory, News & General
Topic: What's wrong with this critique of indexing?
Replies: 110
Views: 6268

Re: What's wrong with this critique of indexing?

(Sorry, I didn't see that ThriftyPhd had beaten me to it. He makes exactly the same PortfolioVisualizer comparison I show below, except he chose RSP as Portfolio 1 and SPY as portfolio 2.) ...Therefore, in my view, the most important thing among two strategies is how much money is made and how much...
by ThriftyPhD
Sat Apr 28, 2018 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Tax savings, what else should I be doing?
Replies: 3
Views: 605

Re: Tax savings, what else should I be doing?

Look into Backdoor and Mega Backdoor Roths. If your marginal tax rate is high, it might make more sense to use treasuries (avoid state tax) or muni funds (avoid fed and state tax) rather than a savings account (probably better return too). Could be money market or short term bond funds depending on ...
by ThriftyPhD
Sat Apr 28, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: What's wrong with this critique of indexing?
Replies: 110
Views: 6268

Re: What's wrong with this critique of indexing?

Can you please point out at which point the following reasoning is wrong? 1) If one believes in the EMH and in common asset pricing models, then one accepts the idea that all information about firms in the stock market is baked into their current prices, so that for every stock you should expect th...
by ThriftyPhD
Sat Apr 28, 2018 7:24 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10164

Re: Wedding - financial burden on couple and attendees

You've never attended a wedding which did not "require you to book a flight and hotel"? I find that extremely difficult to believe. Actually, there was one wedding I attended where I chose to drive 10 hours instead of fly, since I was going to be there several days and that way I didn't need to ren...
by ThriftyPhD
Sat Apr 28, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10164

Re: Wedding - financial burden on couple and attendees

You've never attended a wedding which did not "require you to book a flight and hotel"? I find that extremely difficult to believe. Actually, there was one wedding I attended where I chose to drive 10 hours instead of fly, since I was going to be there several days and that way I didn't need to ren...
by ThriftyPhD
Fri Apr 27, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10164

Re: Wedding - financial burden on couple and attendees

We always decline to attend these destination type of weddings due to following poor assumptions the couples tend to make: - assuming the guests have passports - assuming guests can take off time from work, etc. - assuming guests are willing to pay for travel and lodging Assumption is less that you...
by ThriftyPhD
Fri Apr 27, 2018 9:14 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10164

Re: Wedding - financial burden on couple and attendees

Destination weddings put the cost on other people. I object to that. It makes me cringe to think of it unless you are willing to pay airfare and lodgings for everyone invited. People choose destination weddings so that they can invite the people they're obligated to invite without having them actua...
by ThriftyPhD
Fri Apr 27, 2018 8:44 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10164

Re: Wedding - financial burden on couple and attendees

Destination weddings put the cost on other people. I object to that. It makes me cringe to think of it unless you are willing to pay airfare and lodgings for everyone invited. People choose destination weddings so that they can invite the people they're obligated to invite without having them actua...
by ThriftyPhD
Thu Apr 26, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10164

Re: Wedding - financial burden on couple and attendees

Destination weddings put the cost on other people. I object to that. It makes me cringe to think of it unless you are willing to pay airfare and lodgings for everyone invited. People choose destination weddings so that they can invite the people they're obligated to invite without having them actua...
by ThriftyPhD
Thu Apr 26, 2018 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Contributions Withdrawal Question
Replies: 14
Views: 1005

Re: Roth IRA Contributions Withdrawal Question

Can you roll the tradition IRA into your 401k? Does your wife have a traditional IRA? If not, she could do a Backdoor Roth. If you are eligible to do a Mega Backdoor, do you have the option to roll the after tax out to a Roth IRA rather than an In Plan Roth Rollover (IRR)? If so, you might be able t...
by ThriftyPhD
Thu Apr 26, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Contributions Withdrawal Question
Replies: 14
Views: 1005

Re: Roth IRA Contributions Withdrawal Question

I have a Roth IRA that's been open since 2010, which was just rolled over in a trustee transfer to a different provider. We incomed out a few years ago and haven't been able to contribute recently. What does this mean? You make too much to contribute to a Roth IRA (MAGI > $199k)? If so consider a B...
by ThriftyPhD
Thu Apr 26, 2018 6:44 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10164

Re: Wedding - financial burden on couple and attendees

Destination weddings are WAY cheaper on the couple than traditional weddings. What they're doing is smart if they're as broke as you say they are. It is obviously way more expensive on guests. We paid less than 5k for our Mexico wedding and the guests got to go for less than 2k if they wanted. We h...
by ThriftyPhD
Wed Apr 25, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Regarding Index Funds
Replies: 29
Views: 2736

Re: Regarding Index Funds

What are your investing goals? I would sell both, buy VTSAX (Vanguard Total Stock Market), and hold for 40 years. Not sure if this fits your goals though.
by ThriftyPhD
Tue Apr 24, 2018 7:45 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 30730

Re: KF's simple rules to achieve FI

If your expenses grow faster than inflation, but your investments do not, then you won't be to FI in 25 years. ThriftyPhD, I do not know how to model this. Even in this case, you are saving 1 year of expense every year. Aka, your savings is growing at the same rate as the expense, you might still b...
by ThriftyPhD
Tue Apr 24, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 30730

Re: KF's simple rules to achieve FI

Right. So let's say in year one you save and spend 50k, but after 25 years of inflation you save and spend 100k. At that moment, you do not have 25 years of upcoming spending saved. You do not even have 25x100k (25 years of contemporary spending, aka Year-25 spending) saved. Assuming you averaged t...
by ThriftyPhD
Sat Apr 21, 2018 9:09 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 30730

Re: KF's simple rules to achieve FI

Rule #6 Invest using all-in-one funds such as lifestrategy or target retirement fund. Do not go into slice and dice until your portfolio is 6 figures or bigger. Yes, rule #6 is essential until you ave 250k+ why? you're leaving money on the table. you should slice/dice the moment you have enough for...
by ThriftyPhD
Sat Apr 21, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 30730

Re: KF's simple rules to achieve FI

Completely incorrect. My retirement portfolio will be 6 figures very soon and will be located almost entirely in taxable. Your “rule” would have me locked into a lifestrategy/TDF with significant capital gains. What’s worse, precisely when it becomes more important to worry about tax efficiency is ...
by ThriftyPhD
Fri Apr 20, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Lending Club Investing
Replies: 26
Views: 2338

Re: Lending Club Investing

Lots of threads on this, worth doing a search to see a lot of opinions. What stuck out to me reading was that many perceived an increase in defaults and decrease in returns. Many said they were winding down their positions as the notes matured. Haven't used it myself, but as I was also interested in...
by ThriftyPhD
Tue Apr 17, 2018 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Too Many Options: IRA, i401k, 403b, 457b. What to do?
Replies: 8
Views: 757

Re: Too Many Options: IRA, i401k, 403b, 457b. What to do?

Still, are we putting too much of our income toward retirement? Is this too extreme? Between the two of us, we currently have 200K in Roth IRAs and 30K in Traditional IRAs (in addition to our CalPERS pensions mentioned above). Thanks for the advice as always! :beer What are your goals? Do you want ...
by ThriftyPhD
Tue Apr 17, 2018 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: 401K rollover to Fidelity or my new 401K?
Replies: 16
Views: 956

Re: 401K rollover to Fidelity or my new 401K?

Fidelity 500 Index IPR (FXAIX) and SS RSL SMMDCP IDX C and SS US Bond Index C and Stable Value Fund. Otherwise, everything is at least 0.42%--mostly higher than that. So that's what I thought and why I was thinking of rolling it over. So you have a low cost Large Cap Index, Mid/Small Cap Index, Bon...
by ThriftyPhD
Tue Apr 17, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: 401K rollover to Fidelity or my new 401K?
Replies: 16
Views: 956

Re: 401K rollover to Fidelity or my new 401K?

Yes I do have umbrella coverage and really don't think this is a big concern. My 401k at my old job is with a very big company--I just think there might not be choices that are really low cost there. I need to get an up-to-date list of my choices. I'm in Fidelity Freedom 2020 but NOT the index vers...
by ThriftyPhD
Tue Apr 17, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: 401K rollover to Fidelity or my new 401K?
Replies: 16
Views: 956

Re: 401K rollover to Fidelity or my new 401K?

Are there good fund options in the old 401k? Consider leaving it where it is. You don't have to roll it out unless you have < $5k in the account. You might choose to do so because of poor fund options, high fees, or a desire to consolidate, but do know that keeping it where it is is an option, and p...
by ThriftyPhD
Mon Apr 16, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 Total Return ETF ?
Replies: 11
Views: 1130

Re: S&P 500 Total Return ETF ?

Ok, I did not know that US-based funds are required by law to distribute dividends to investors. Maybe a solution is to sell my ETF just before the dividends are announced and then buyback ? In general the dividend payout would be reflected in the ETF price. It would drop after the dividend is paid...
by ThriftyPhD
Mon Apr 16, 2018 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: 457b/401a Diversification?
Replies: 4
Views: 319

Re: 457b/401a Diversification?

Yeah, it's not enough of a tilt to skew things, but thought I would point it out. No real reason on the equity allocation other than I am comfortable at my 80/20 and 50/15/15 seems to be a comfortable position for me Do you have an Investment policy statement ? It's probably a good idea to write dow...
by ThriftyPhD
Mon Apr 16, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: 457b/401a Diversification?
Replies: 4
Views: 319

Re: 457b/401a Diversification?

You mentioned you wanted US Total at the start. Note that your proposed 50:15 VINIX:VIEIX is a slight tilt towards small cap: you'll have a 77:23 ratio, while I believe it should be 81:19 for market cap weight. Regardless, the tilt is tiny and trying to maintain 52.65:12:35 would be a pain, I would ...
by ThriftyPhD
Mon Apr 16, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Trying to understand my 401K
Replies: 11
Views: 1402

Re: Trying to understand my 401K

I worked at company B from 2003 to 2007 and contributed to that company's 401K plan. When I returned to company A I rolled over the company B 401K to a rollover IRA. I'm still reading the Wiki on 401K, but it sounds this this (the rollover 401K) means I can't open a Roth IRA. Also the MAGI limit is...
by ThriftyPhD
Sat Apr 14, 2018 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: What advantages do a personalized portfolio have over a target date fund, in your opinion?
Replies: 50
Views: 3550

Re: What advantages do a personalized portfolio have over a target date fund, in your opinion?

I think target date or other fund of funds are the best option for most. You set it once, forget about what it's invested in and just keep shoving money into the fund without tinkering. However, not everyone has access to a good target date. Particularly in a 401k, you may not have a target date fun...
by ThriftyPhD
Fri Apr 13, 2018 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Buy Back into Retirement Fund. Math experts.
Replies: 5
Views: 670

Re: Worthwhile to Pay Back into Retirement Fund

I would break it up into two parts. Set aside the pension you'll already get. Consider this $90k to buy a $575/mo joint annuity with 3% increase. 1. How much do you want an annuity? Is it something you were considering as part of your retirement plan? 2. Is this a good price for an annuity? Punching...
by ThriftyPhD
Fri Apr 13, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Trans to VG,90% CASH
Replies: 10
Views: 455

Re: IRA Trans to VG,90% CASH

If your desired AA of 40:60 makes you nervous, perhaps your AA is still too risky? The AA you choose should be something you're comfortable regardless of the market condition. That said, I can imagine it's a lot harder when you're clicking the buy button on half a million :moneybag. If you do DCA, I...
by ThriftyPhD
Fri Apr 13, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Top 3?
Replies: 10
Views: 1632

Re: Top 3?

VIX
OJK18
DOGE
by ThriftyPhD
Fri Apr 13, 2018 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Where to hold funds for future Roth contribution?
Replies: 18
Views: 1037

Re: Where to hold funds for future Roth contribution?

From a numbers perspective, livesoft is right. If you have $5500 in VTI on Dec 31, there is a drop over New Year and now you have $4000. You contribute this to your Roth and buy the same amount of VTI. You claim the $1500 loss on your taxes, and also have room to add another $1500 to your Roth whic...
by ThriftyPhD
Fri Apr 13, 2018 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Where to hold funds for future Roth contribution?
Replies: 18
Views: 1037

Re: Where to hold funds for future Roth contribution?

Or when you get paid send a portion of your paycheck to the roth account. Kind of like DCA into your roth but from your paychecks. Setup an automatic investment on the Vanguard site. Just like 401k contributions from your paycheck but it will ACH form your checking. RGB205 is DCAing, but can't cont...
by ThriftyPhD
Thu Apr 12, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: In need of a new Vacuum
Replies: 58
Views: 3948

Re: In need of a new Vacuum

Always expect thousand dollar recommendation when somebody asks for a $150 thing :-) The problem is that when you spend $150 you don't get a "thing" but, rather, a subscription. You'll end up having to shell out $150 every few years anyway because of flimsy build quality and inferior modularity. Va...
by ThriftyPhD
Thu Apr 12, 2018 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: DINK High Income Earners - how to lessen the tax impact?
Replies: 25
Views: 2445

Re: DINK High Income Earners - how to lessen the tax impact?

I also wouldn't get too cute with what you run through the business. If it makes sense for the business and something that would be bought anyway, then it makes sense. Trying to run pens and duct tape to save $1.50 seems like more work than it's worth, and buying a boat you don't really want would ...
by ThriftyPhD
Thu Apr 12, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: DINK High Income Earners - how to lessen the tax impact?
Replies: 25
Views: 2445

Re: DINK High Income Earners - how to lessen the tax impact?

Hopefully with the increased estimated payments in 2018 plus the reduction of income with the S-Corp pass through, we won't be hit with a shock to the system. Our other thoughts were purchasing her a new car at the end of 2018 (her lease is up 1/31/19) and it being the big LX Lexus or the Infiniti ...
by ThriftyPhD
Thu Apr 12, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: Why are expected returns so much lower than historical returns?
Replies: 153
Views: 8966

Re: Why are expected returns so much lower than historical returns?

https://www.bogleheads.org/wiki/Historical_and_expected_returns Beginner here trying to figure out how much I need for retirement and I'm confused. Historical real returns are something like 7% on equities and 2.5% on bonds and yet everybody seems to expect closer to 2-4% real on equities and 0-2% ...
by ThriftyPhD
Thu Apr 12, 2018 2:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 79
Views: 11087

Re: Too much Bogleheads.org?

If you're like a few of us, you'll transition to helping others rather than trying to learn yourself. See one do one teach one :beer I've always found that the best way to make sure I understand something is to try to explain it to someone who doesn't understand it. Nothing like tutoring or teachin...
by ThriftyPhD
Thu Apr 12, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: Should someone close to retirement use a Backdoor Roth?
Replies: 9
Views: 1323

Re: Should someone close to retirement use a Backdoor Roth?

There are three main account types for retirement savings. Pre-tax (IRA, SEP IRA, 401k, etc), Roth (IRA, 401k), and taxable. The balance between pre-tax and Roth comes down to your current income, marginal bracket, and available options. If he's in the 35% now and expects to be in a lower bracket at...
by ThriftyPhD
Thu Apr 12, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 6022

Re: Could you support family on 1 income?

Yes. When DH and I got married (2006), we agreed that we would live in a such a way that we only *needed* one income. You never know what life may bring. That said, I suspect it is much easier to do given that we don't have or want kids. Similar story. Living on one income means you can save the ot...