Search found 574 matches

by kd2008
Wed Feb 13, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Fast turnaround on Federal Tax
Replies: 15
Views: 1583

Re: Fast turnaround on Federal Tax

We filed our taxes on Friday night, Feb 8. Standard deduction but lots of 1099s, HSA etc.

Today the status updated to "refund approved"

Scheduled to hit our bank account on Friday, Feb 15.

Awesome! Superfast!
by kd2008
Fri Feb 08, 2019 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA.com now has 2018 Return available.
Replies: 41
Views: 4633

Re: FreeTaxUSA.com now has 2018 Return available.

SrGrumpy wrote:
Fri Feb 08, 2019 12:59 am
There's a coupon if you want to save 10% on your extras - freetaxusa10.
Thanks! Used it tonight! Appreciate the savings!
by kd2008
Thu Feb 07, 2019 7:29 am
Forum: Personal Finance (Not Investing)
Topic: When are COLA increases shown on SSA website?
Replies: 4
Views: 245

Re: When are COLA increases shown on SSA website?

Give it few more weeks. I see it in my account but not in my spouse's account.
by kd2008
Wed Dec 26, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: Fall of 2018: third fastest decline on record
Replies: 20
Views: 1600

Re: Fall of 2018: third fastest decline on record

Market does not go down or up after something happens. It does that in anticipation of something good or bad happening. Right now market is essentially pricing in trade war going unresolved and the resulting economic downturn from that war.
by kd2008
Thu Dec 20, 2018 2:37 pm
Forum: Personal Investments
Topic: Highly compensated employee & military TSP
Replies: 10
Views: 902

Re: Highly compensated employee & military TSP

My son works for a military contractor and the company is subject to "highly compensated employee" 401k rules. He earns over 120k which means with that company he is limited to how much he can defer into his 401k with that contractor. He also works on weekends in the Reserves and so in theory he co...
by kd2008
Tue Dec 18, 2018 10:35 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72119

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

My HSA transfer from Optum Bank is complete now. Nov 26th - It was started on online and I sent the paperwork to Fidelity by mail. Nov 29th Fidelity received it . Dec 4th Fidelity sent the paperwork to Optum Bank. Dec 8th Optum Bank closed the HSA. Dec 17th Fidelity credited All the cash minus $20 c...
by kd2008
Fri Dec 14, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Forgoing health insurance
Replies: 112
Views: 5291

Re: Forgoing health insurance

Another of these threads ... again Just take a hit of full cost for 2019, rearrange your assets so that you can qualify for largest possible subsidy in 2020 and beyond. And you are set. Why are people so lazy? Sorry, not feeling charitable today especially for people you consciously decide to forego...
by kd2008
Thu Dec 13, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 form 1040 released
Replies: 26
Views: 3537

2018 form 1040 released

IRS yesterday released form 1040 for the year 2018.

https://apps.irs.gov/app/picklist/list/ ... formNumber This will list all the schedules (there are 6 of them) and forms for them

https://www.irs.gov/pub/irs-pdf/f1040.pdf is direct link to just the form 1040.
by kd2008
Mon Oct 08, 2018 2:27 pm
Forum: Personal Investments
Topic: Help with VUL product requested
Replies: 7
Views: 387

Re: Help with VUL product requested

I appreciate all the responses provided. Thank you so much. I will work on getting the in-force illustration. I may be back with more questions once I know more about the phone calls that happened today with the insurance company.
by kd2008
Mon Oct 08, 2018 11:00 am
Forum: Personal Investments
Topic: Help with VUL product requested
Replies: 7
Views: 387

Help with VUL product requested

Thank you for your guidance on the forums. I need some help. A family member couple are in a conundrum with a VUL they have had for nearly 30 years. Liz is 75 yrs old and in good health. Her husband Wayne is 82 yrs old and in poor health - he has had bouts of cancer, bypass surgery, multiple aneurys...
by kd2008
Fri Oct 05, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 14347

Re: Correlation between the FIRE movement and one of the greatest bull markets

People who are in their fifties and above have had few decades of employment. They have faith in the system of employment. They have nest eggs that were decimated by recessions and built back up during the recoveries that followed. The younger fire cohort have less life experience. Their nearness to...
by kd2008
Wed Sep 26, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 776
Views: 101359

Re: How much money do you want to retire?

No clue how much I need to retire. Currently 37, married, 1.3m invested in stock market, paid off home. If I had a crystal ball to tell me what the future holds for health care and health insurance costs in this country, I could potentially retire now. In the meantime, I continue to work. I am in s...
by kd2008
Tue Sep 25, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Fed up with health insurance situation
Replies: 117
Views: 7674

Re: Fed up with health insurance situation

I have stated this on this forum before: Your best bet is to eat the first year cost (and pay the non-subsidized price) arrange your assets such that you qualify for subsidy in subsequent years. You know the rules of the game. Whining about them does not resolve your problem. If you are going to pay...
by kd2008
Fri Sep 21, 2018 10:20 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 602
Views: 74020

Re: Post your Financial Milestone Announcements Here

We crossed into the two-comma club for the first time with just our invested assets, not counting our home equity in two properties.

I feel nothing special, just a bit of relief that it happened eventually. We are at our baseline FI. Looking forward to our full FI.
by kd2008
Sun Sep 16, 2018 2:40 pm
Forum: Personal Investments
Topic: Thinking of Retiring at 52, Please Critique Plan
Replies: 61
Views: 9655

Re: Thinking of Retiring at 52, Please Critique Plan

At your low income needs, you will get substantial ACA subsidy. It is good that you have budgeted significant amount for healthcare. No need for health sharing ministry at your low income. Educate yourself on ACA subsidies and improve your planning accordingly.
by kd2008
Sat Sep 15, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 11745

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

This a great thread. My personal story: laid off from megacorp earlier in the year. Joined a startup. Didnt get equity. 50% pay cut. Grown and doubled the company in 4 months. More vacation. Steep learning curve. Loads of new things to learn. Late thirties. Close to preliminary FI in 6 months. They ...
by kd2008
Sat Jul 28, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: Talk to me about Le Creuset
Replies: 53
Views: 6364

Re: Talk to me about Le Creuset

I was gifted a Le Creuset Cassadou as a wedding gift. It is the best! Can be used as dutch oven, skillet, or anything in between. At over 3 quarts, it is big enough to cook meals for a family of over 4 people.
by kd2008
Thu Jul 19, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: I may have understood why it's so hard to save and invest
Replies: 81
Views: 13909

Re: I may have understood why it's so hard to save and invest

I empathize with what you are feeling. It is natural. Instead of thinking action and result. Think of it as a process. You are in the process of accumulation. Vividly imagine the various milestones along the way. Make sure that these are not expectations rather destinations to look forward to. If yo...
by kd2008
Wed Jul 18, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: Alaska Trip/Cruise Summer of 2020. Help me plan
Replies: 23
Views: 2030

Re: Alaska Trip/Cruise Summer of 2020. Help me plan

We are thinking of Alaska in the next year or two. One option is to book the Alaska rail package. Anyone here did that? Tripadvisor has glowing reviews of it. https://www.alaskarailroad.com/travel-planning/packages/alaska-by-daylight ALASKA BY DAYLIGHT 10 Days/10 Nights Available late May - early Se...
by kd2008
Tue Jul 10, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance for Couple Early Retirement
Replies: 29
Views: 2793

Re: Health Insurance for Couple Early Retirement

Consider the first year as a penalty year. So pay the highest premium needed but use that year to manage income for following years such that you can receive highest ACA subsidy. In fact he should have used COBRA months to do it already. It will end up costing tens of thousands of dollars more than ...
by kd2008
Thu Jun 28, 2018 11:28 am
Forum: Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 6777

Re: Vanguard is really pushing their Personal Adviser Service

I am confused. I understand Rick Ferri's point. Does OP want financial planning advice or investment advice or both for his/her sister? You can always get an evaluation with initial consultation of PAS then decline to sign up for the service. Not ideal but Vanguard has no hard feelings about this. I...
by kd2008
Wed Jun 20, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: Medicare Plan F - HD question
Replies: 4
Views: 413

Re: Medicare Plan F - HD question

There are more benefits paid than just the 20% of Part B expenses. There are Part A copays and skilled nursing copays among several other benefit categories. High Deductible Plan F pays all expenses after the insured has paid out of pocket up to the deductible level. So you are essentially confirmi...
by kd2008
Wed Jun 20, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: Medicare Plan F - HD question
Replies: 4
Views: 413

Medicare Plan F - HD question

I believe currently for 2018, Medicare Plan F - High Deductible plan has a deductible of $2240. I would like to know why is term "deductible" used here. Technically, Part B covers 80%. Plan F only starts covering remaining 20% after $2240 have been paid by you. In the non-medicare world, deductible ...
by kd2008
Sun Jun 03, 2018 7:11 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 776
Views: 101359

Re: How much money do you want to retire?

Either I live in a bubble where I see people retire with few hundred thousand dollars to their name or this thread is a demonstration that people know lot about investing and literally nothing about retiring ... :?
by kd2008
Sat Jun 02, 2018 10:01 am
Forum: Personal Investments
Topic: Plan review [2018 edition]
Replies: 8
Views: 616

Re: Plan review [2018 edition]

I calculated the scenario where I have long survivorship with a PV value analysis. I came up with needing 556K as my portfolio balance at the max. This includes max 23 years to be funded till Widower's benefit and post age 60, widower's benefit plus portfolio withdrawal. And also Eventually my SS pl...
by kd2008
Fri Jun 01, 2018 5:39 pm
Forum: Personal Investments
Topic: Plan review [2018 edition]
Replies: 8
Views: 616

Re: Plan review [2018 edition]

Hello OP, If it were me, I would think the key to your planning will be the younger spouse's finances and longevity. When does younger spouse wish to retire? If younger spouse retires before 60, then he/she may not be eligible for SS widow(er) benefits for some time and will need to fund expenses t...
by kd2008
Fri Jun 01, 2018 4:43 pm
Forum: Personal Investments
Topic: Plan review [2018 edition]
Replies: 8
Views: 616

Re: Plan review [2018 edition]

I ran your numbers through CFIRESim. Based on spouse retiring in 2018, taking $24.3k social security in 2032, and current portfolio at default allocation the simulation estimates 95% success with annual spending of $39.5k (adjusted for inflation). If you have SS or continue to work, that number wou...
by kd2008
Fri Jun 01, 2018 4:36 pm
Forum: Personal Investments
Topic: Plan review [2018 edition]
Replies: 8
Views: 616

Re: Plan review [2018 edition]

Nice and thorough spreadsheet. There are a couple thoughts that come to mind: 1) Since you are calculating everything in nominal dollars, your expenses should be bumped up by 2.5% for each year spouse works. EDIT: I see that these are real dollars, so my 1 and 3 don't apply. 2) the 4% rule was esta...
by kd2008
Fri Jun 01, 2018 2:42 pm
Forum: Personal Investments
Topic: Plan review [2018 edition]
Replies: 8
Views: 616

Plan review [2018 edition]

I have had quite a few changes over the past few months. As I set sail on this new course, I would like a plan review. Our portfolio is age appropriate 3 fund. Emergency funds not included in asset allocation below Mortgage of 62K on current home. Car loan of 16K. Other Car and Condo paid off. Tax F...
by kd2008
Sat May 26, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: medicaid as early retirement medical insurance (or maybe Obamacare)
Replies: 41
Views: 4316

Re: medicaid as early retirement medical insurance (or maybe Obamacare)

2018 ACA Federal Poverty Level: 1 person = $12,060, 2 persons = $16,240, etc... 1 Person FPL levels: 100% = $12,060, 138% = $16,643, 150% = $18,090 Some basic Medicaid/ACA rules: Medicaid expansion state No Medicaid asset tests ACA eligibility 138% FPL ACA maximum subsidy/cost sharing reduction (CS...
by kd2008
Sat Apr 07, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: GEICO rate increase: 49% annualized?!
Replies: 46
Views: 9063

Re: GEICO rate increase: 49% annualized?!

We are bogleheads. We like to go to data source. Not go by data anecdote over which insurance provider is cheaper. OP, please check your state insurance commission webpage on which insurance company is cheapest for standard insured driver. For example, here in Oklahoma, we have this page: https://ww...
by kd2008
Thu Apr 05, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred income annuities question
Replies: 4
Views: 433

Re: Deferred income annuities question

So my spouse is 56 yrs old. Eligible for $26K in SS at age 70 in today's money. Our expenses are roughly twice that of his SS. Can be reduced to 1.5x if needed. So for kickers I priced a deferred income annuity with single life for him. If bought today, payment starting when he is 70 for the differ...
by kd2008
Thu Apr 05, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred income annuities question
Replies: 4
Views: 433

Deferred income annuities question

So my spouse is 56 yrs old. Eligible for $26K in SS at age 70 in today's money. Our expenses are roughly twice that of his SS. Can be reduced to 1.5x if needed. So for kickers I priced a deferred income annuity with single life for him. If bought today, payment starting when he is 70 for the differe...
by kd2008
Sat Mar 03, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5918

Re: Laid off ...next steps

You right about anchoring bias. I need to work on addressing it.

Higher paying job will most likely be outside my state. So it will come at cost.

Right now I am ok with the pay-PTO balance this job offers.

I am giving it a shot and seeing how it all works out.
by kd2008
Sat Mar 03, 2018 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5918

Re: Laid off ...next steps

Hello everyone, I am glad to announce that I have been offered a job at a year old start up in the same city I live in. I have decided to accept it. The pay cut will be about 25% (33% with the loss of 401k matching and equity payouts). But I will get the opportunity to be a part of dynamic team and ...
by kd2008
Mon Feb 19, 2018 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Considering move to Tulsa, OK
Replies: 21
Views: 2836

Re: Considering move to Tulsa, OK

It is a great little hidden gem. You will like it. Affordability in everything means your dollar will go far.
by kd2008
Sun Feb 18, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5918

Re: Laid off ...next steps

Thank you for all the great advice and for sharing your experiences. After the shock, I am just starting to access my emotions. They are raw. Surprisingly, I am not looking back and wondering if I could have done anything differently. I do tense up about future "lack" of opportunities. I am trying t...
by kd2008
Sat Feb 17, 2018 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5918

Re: Laid off ...next steps

4. Re: company paid COBRA: Keep in mind that involuntary loss of coverage is a qualifying event to enroll off-cycle on the state exchange OR on a spouses' private plan WITHIN 60 days. Accepting 6 months of COBRA will override the qualifying event and after 6 months (when it comes time for you to pa...
by kd2008
Fri Feb 16, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5918

Re: Laid off ...next steps

Thank you for all the encouraging words.

It is hard for me to enjoy my time "off" right now.

I am definitely trying to structure my day. It has been a helpful technique.
by kd2008
Fri Feb 16, 2018 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5918

Laid off ...next steps

I got laid off on Tuesday. Our small satellite office of 4 people got shut down and everyone was let go. I am 36 and this is my first time experience with this event. Financially I am ok. I have money in high yield savings accounts that amounts to 1 year worth of expenses. My retirement pile is abou...
by kd2008
Thu Jan 25, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Two commas for a day
Replies: 14
Views: 2448

Re: Two commas for a day

I remember thinking about this circa 2000. Be careful. The number you see on your brokerage statement has a dollar sign in front of it, but it is not dollars . It is the dollar value your investment would have if you sold it today. Now, thanks to the miracle of mutual fund daily redemption and/or a...
by kd2008
Wed Jan 17, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 198
Views: 17899

Re: Stats on When People Take Social Security

So here is my question for the discussion: How much do people take out over their lifetimes based upon when they take social security? This data seems harder to find doing an internet search. http://www.politifact.com/truth-o-meter/article/2013/feb/01/medicare-and-social-security-what-you-paid-what...
by kd2008
Mon Jan 15, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Monthly reports from Madsinger
Replies: 2
Views: 368

Monthly reports from Madsinger

I did not see a monthly report from madsinger at the start of Jan. If he did post, could someone please share the link? I couldn't find it by using the search bar.

Thanks!
by kd2008
Mon Jan 15, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: PTO policy after international business travel
Replies: 53
Views: 3789

Re: PTO policy after international business travel

I travel to India usually twice a year. When traveling I do not try to sleep 8 hours continuously, but split my sleep into chunks - some in the evening, some at night, afternoon if there is one available etc. When I return, I try to bring the chunks back into 8 hr continuous segment in a few days. M...
by kd2008
Sun Jan 14, 2018 7:54 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 112
Views: 10857

Re: Heading for a top?

It doesn't always have to be a crash. 2011 and end of 2015- start of 2016 provided healthy corrections. We may get one in future. Considering the Fed is very gradually going to reduce its balance sheet, liquidity will be lowered in coming years. Asset prices will have to support themselves rather th...
by kd2008
Mon Jan 08, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 579
Views: 187531

Re: Retiree Portfolio Model

Thank you very much for this excellent tool! Wonderful indeed! I am trying to model a scenario where one spouse is retired and the other is still working with contributions to IRA and 401k etc. Is it possible to model this? I was able to input working spouse income in the pension 2 but the tool assu...
by kd2008
Tue Jan 02, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2317
Views: 403757

Re: What are you up YTD? [Year To Date]

2017: AA 82.5/17.5 with 67/33 Domestic/International split for Stocks

Returns: 18.275%
Stocks: 21.25%
Bonds: 4.25%

I was actually impressed with bond returns especially given the rising rate environment.
by kd2008
Wed Dec 27, 2017 2:23 am
Forum: Investing - Theory, News & General
Topic: This is Unbelievable - another Vanguard customer support odyssey
Replies: 69
Views: 15840

Re: This is Unbelievable - another Vanguard customer support odyssey

Vanguard funds are still one of the best. If you do not like their brokerage services, then choose someone else. https://thefinancebuff.com/who-manages-your-investments-versus-who-manages-your-accounts.html Old style Mutual fund accounts are going away one way or the other. It is best to seperate ou...
by kd2008
Mon Dec 18, 2017 10:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard year end distributions - updated estimates
Replies: 77
Views: 12504

Re: Vanguard year end distributions - updated estimates

livesoft wrote:
Mon Dec 18, 2017 6:17 pm
Yes, I have a very good idea, but the thread will get locked if I tell you.
LOL. I guessed it from your answer. How pathetic that companies do this!