Search found 155 matches

by Exafchick
Fri Mar 05, 2021 11:50 am
Forum: Personal Investments
Topic: Need a Devil's Advocate
Replies: 9
Views: 765

Re: Need a Devil's Advocate

retired@50 wrote: Fri Mar 05, 2021 11:46 am
Exafchick wrote: Fri Mar 05, 2021 11:43 am Nope, no Aston Martin!
Did you at least look at the car in the link? It's really quite beautiful.

Regards,
Wow, that is beautiful! It's the same color as my Si. I'd have to budget for speeding tickets because I'd want to use all that horsepower!
by Exafchick
Fri Mar 05, 2021 11:44 am
Forum: Personal Investments
Topic: Need a Devil's Advocate
Replies: 9
Views: 765

Re: Need a Devil's Advocate

I estimate an average 7% return for the Roth and 401k ... In my opinion this optimistic. I am assuming that in nominal, not real returns. Lets assume inflation will be low at 2%. Bonds are going to return something close to 2% over the next 10 years - so no return here. Looking at CAPE 10 plus a fe...
by Exafchick
Fri Mar 05, 2021 11:43 am
Forum: Personal Investments
Topic: Need a Devil's Advocate
Replies: 9
Views: 765

Re: Need a Devil's Advocate

So, what am I missing? No gaping holes, unless you're expecting to buy an Aston Martin DB11. :happy See link if you like cars. https://www.astonmartin.com/en-us/models/db11 Regards, Nope, no Aston Martin! Just purchased a new 2020 Honda Civic Si (had previous honda accord 20 years and bought it new...
by Exafchick
Fri Mar 05, 2021 11:14 am
Forum: Personal Investments
Topic: Need a Devil's Advocate
Replies: 9
Views: 765

Need a Devil's Advocate

Lately I've been feeling pretty good about where I am financially. If all goes well, hoping to go to part time or retire in 10 years (age will be 62). Here's how my situation breaks down: Emergency fund in HYSA: $12,000 (Adding $600/mo until balance is $25k) Roth IRA: $65k (max contributions annuall...
by Exafchick
Fri Feb 26, 2021 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Old (supposed) debt now with collector
Replies: 18
Views: 1766

Re: Old (supposed) debt now with collector

My sister received a similar call. They had enough detail to make her think the debt was legitimate but it was from several years ago. She looked up the company and they had a PO Box (red flag) and the phone number was not in service. She didn't pay even when they threatened legal action and she has...
by Exafchick
Wed Sep 30, 2020 2:28 pm
Forum: Investing - Theory, News & General
Topic: Share your story of needing to withdraw during accumulation years
Replies: 19
Views: 2137

Re: Share your story of needing to withdraw during accumulation years

I have been an avid saver since my early 30's (a little over 20 years) so had a decent amount in my Roth IRA when I withdrew enough to pay off a car loan and basement finishing loan. Still have a chunk left plus my 401k AND a pension which includes health benefits for life. I still have a few workin...
by Exafchick
Thu Sep 10, 2020 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Is your company participating in payroll tax deferral?
Replies: 14
Views: 954

Is your company participating in payroll tax deferral?

I was just wondering how many companies are going to be participating in the payroll tax deferral? I called my accounting department to find out if I can opt out of it (since it will have to be paid back anyway might as well take it now) and found out the non-profit I work for isn't participating si...
by Exafchick
Fri Aug 28, 2020 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1762
Views: 166630

Re: My LenderFi refinance is going well

MilleniumBuc wrote: Wed Aug 26, 2020 9:35 am Another data point (almost complete):

8/03 - applied through backdoor link, near midnight.

Hi! Can you tell me where the backdoor link is? I did a search for LenderFi but as expected a bunch of threads came up.

Thank you!
by Exafchick
Fri Aug 28, 2020 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Another refinance question (specific advice sought)
Replies: 6
Views: 514

Re: Another refinance question (specific advice sought)

Those are great rates! Can I ask which lender you got them from? I am looking to refinance from 4.375% and so far the lowest rate I've gotten is 2.875%. Personally I would still go with the 30 year loan (or 20 if it's available) because you never know when you may need a little wiggle room in your b...
by Exafchick
Thu Jul 09, 2020 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Who has long term care insurance?
Replies: 122
Views: 6851

Re: Who has long term care insurance?

I got it when I was in my 30's because I knew I wasn't going to have kids and wanted to ensure I could be taken care of if the time came. I pay about $125 a month with automatic compound inflation annuallyu through LTCFeds (i got the policy when offered while I was active duty). It covers almost $30...
by Exafchick
Mon Jun 29, 2020 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 213
Views: 17484

Re: What is the best financial decision you ever made?

After my divorce I realized I needed to be able to support myself alone, bought "Personal Finance for Dummies" and heeded the advice. Now I own my own home (with a low interest mortgage), have an emergency fund, 401k and Roth IRA, pension, LTC insurance, no debt (besides mortgage), pay off...
by Exafchick
Fri Jun 19, 2020 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Contributions Withdrawal
Replies: 18
Views: 831

Re: Roth Contributions Withdrawal

aristotelian, no, I don't have that much in liquid assets. I plan to and am working towards it...but not yet. What about instead of taking withdrawal from Roth, I stop making contributions so I can pay off the loan faster. then start up contributions again. I'd still be contributing to the 401k. Can...
by Exafchick
Fri Jun 19, 2020 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Contributions Withdrawal
Replies: 18
Views: 831

Re: Roth Contributions Withdrawal

tashnewbie, my emergency fund is currently only about $5k (goal is to get it up to $25k). The regular basement payment is $460.99/mo. I just did a loan payoff calculator and if I just make the minimum payment, it will be paid off in 5.5 years (which is still pretty good since the original length of ...
by Exafchick
Fri Jun 19, 2020 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Contributions Withdrawal
Replies: 18
Views: 831

Re: Roth Contributions Withdrawal

Sailaway, definitely sobering seeing my situation from an outside perspective! I thought I was doing ok. I don't feel like i'm just barely making ends meet. I am able to keep investing plus pay extra (double monthly payment) on the basement loan. I know it will be paid off sooner than the 12 years b...
by Exafchick
Fri Jun 19, 2020 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Contributions Withdrawal
Replies: 18
Views: 831

Re: Roth Contributions Withdrawal

With the 401k withdrawal I would have to pay taxes on it, right? I'd have to take out more just to cover the amount needed to pay off the loan plus cover taxes. I already have 10% taken out of my check so to have more come out to pay back the loan seems counter-productive. What am I missing?
by Exafchick
Fri Jun 19, 2020 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Contributions Withdrawal
Replies: 18
Views: 831

Re: Roth Contributions Withdrawal

Wouldn't I have to pay back the 401k loan? The Roth withdrawal won't have any tax implications and figure I have time to make up whatever I take out. If pension covers retirement expenses, then SS and investments are bonus funds. I also have an emergency fund with a year of expenses, just in case.
by Exafchick
Fri Jun 19, 2020 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Contributions Withdrawal
Replies: 18
Views: 831

Roth Contributions Withdrawal

Hello, All! I have learned so much from this site that I know I will get thoughtful and knowledgeable answers to my question. I have been investing in my Roth IRA for over 15 years. I also contribute 10% to my 401k. I am seriously considering withdrawing contributions from my Roth IRA to pay off a l...
by Exafchick
Fri May 22, 2020 3:18 pm
Forum: Investing - Theory, News & General
Topic: Ally lowers APR on savings from 1.5% to 1.25%
Replies: 79
Views: 9963

Re: Ally lowers APR on savings from 1.5% to 1.25%

I use Barclay's for my EF and the rate went from over 2% to 1.30%. Sign of the times!
by Exafchick
Tue Aug 27, 2019 9:43 am
Forum: Personal Investments
Topic: Investing Plan Review Please!
Replies: 4
Views: 432

Re: Investing Plan Review Please!

3. I currently have a 2000 Honda Accord EX. I want to get a 2020 Honda Civic Si (probably around Oct 2020). I am hoping to take advantage of close out interest rates and finance for 36 months. Is it better to put down a large chunk and finance a little or finance the whole thing then just make a hu...
by Exafchick
Tue Aug 27, 2019 9:41 am
Forum: Personal Investments
Topic: Investing Plan Review Please!
Replies: 4
Views: 432

Re: Investing Plan Review Please!

Debt: Mortgage $170k at 4.375% (27 years to go unless I add a bit more every month) 2nd mortgage to finish basement $30k at 8.99% (original loan was for 12 years from 2019 but I plan to have it gone by the end of 2020) What is your equity in your house? As of today, around $20k Rates have come down...
by Exafchick
Mon Aug 26, 2019 2:15 pm
Forum: Personal Investments
Topic: Investing Plan Review Please!
Replies: 4
Views: 432

Investing Plan Review Please!

Hello! As many have said before, thank you for sharing your knowledge, experience and expertise so freely here! I would like to make sure I am on the right track to retire at age 65 or 67. Here it goes: Emergency Funds: 5 months Debt: Mortgage $170k at 4.375% (27 years to go unless I add a bit more ...
by Exafchick
Thu Aug 23, 2018 2:25 pm
Forum: Personal Investments
Topic: Stop Roth IRA Contributions to Pay Off Loan
Replies: 9
Views: 540

Re: Stop Roth IRA Contributions to Pay Off Loan

I was never planning to pay the loan as agreed! Just trying to figure out the best way to pay it off as quickly as possible. I did notice in the loan paperwork that it is paid out in two installments. Use of the first advance does not obligate me to use the second. I emailed the company to clarify w...
by Exafchick
Thu Aug 23, 2018 1:49 pm
Forum: Personal Investments
Topic: Stop Roth IRA Contributions to Pay Off Loan
Replies: 9
Views: 540

Re: Stop Roth IRA Contributions to Pay Off Loan

I thought with a home equity loan there would be an appraisal, fees, etc. so I didn't want the hassle. I'm also not sure I have much equity since I owe just about what it's worth in the current market. Am I missing something?
by Exafchick
Thu Aug 23, 2018 1:38 pm
Forum: Personal Investments
Topic: Stop Roth IRA Contributions to Pay Off Loan
Replies: 9
Views: 540

Re: Stop Roth IRA Contributions to Pay Off Loan

What would be considered a good rate for an unsecured loan?
by Exafchick
Thu Aug 23, 2018 1:01 pm
Forum: Personal Investments
Topic: Stop Roth IRA Contributions to Pay Off Loan
Replies: 9
Views: 540

Re: Stop Roth IRA Contributions to Pay Off Loan

I had thought about taking out my Roth IRA withdrawals to pay off the loan but figured leaving what was already there alone to accrue interest and stopping future contributions until it is paid off was a better option. Thank you for the reply!
by Exafchick
Thu Aug 23, 2018 12:35 pm
Forum: Personal Investments
Topic: Stop Roth IRA Contributions to Pay Off Loan
Replies: 9
Views: 540

Stop Roth IRA Contributions to Pay Off Loan

Hello, All! I recently took out a home improvement loan ($40,000) at 8.99% to finish my basement to include a kitchen. I hate being in debt so I am considering stopping my Roth IRA contributions to pay it off faster. I figure it would only take me about 2.5 years and since I am still 15 or so years ...
by Exafchick
Fri Jul 13, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 11814

Re: When does frugal cross the line to cheapskate?

If you are washing paper plates to re-use, you might be a cheapskate!
by Exafchick
Fri Jul 13, 2018 9:49 am
Forum: Personal Investments
Topic: One Fund During Retirement?
Replies: 10
Views: 2129

Re: One Fund During Retirement?

I know the Boglehead tendency is to not go with actively managed funds and not to choose a fund based on past performance. I can't help but notice the impressive returns since its inception in 1970, which I'm sure included some manager changes and market fluctuations. I suppose I could have a two-fu...
by Exafchick
Fri Jul 13, 2018 9:30 am
Forum: Personal Investments
Topic: One Fund During Retirement?
Replies: 10
Views: 2129

Re: One Fund During Retirement?

Frank, thank you for the reply. Since I have a guaranteed pension and SS, I am pretty comfortable with the allocation. I hadn't thought about where it would be. Right now I have a Roth IRA and a traditional 401k. I guess I assumed I would gradually transition the 401k funds into the Roth (to keep me...
by Exafchick
Fri Jul 13, 2018 8:56 am
Forum: Personal Investments
Topic: One Fund During Retirement?
Replies: 10
Views: 2129

One Fund During Retirement?

Good morning! I am still a few years away from retiring (15-17 years) so right now I am in the growth and accumulate phase. I'm wondering if there is one fund I can switch to once I am in retirement? Specifically, the Vanguard Wellesley Income fund. I am hopeful to have about $600,000 portfolio by t...
by Exafchick
Tue Jul 10, 2018 2:00 pm
Forum: Personal Consumer Issues
Topic: Retirement location and things to consider
Replies: 12
Views: 2193

Re: Retirement location and things to consider

What about just heading up the coast to Oregon or Washington State?
by Exafchick
Fri Jul 06, 2018 1:35 pm
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 160
Views: 14514

Re: What time do you get up in the morning?

I work full time so on workdays my alarm (radio and not buzzing!) goes off at 7am. I hit snooze once (3 minutes) and then listen to the news and maybe a song or two before rolling out of bed so I can be at work by 8:30am. Luckily I live within 10 minutes of my job so I don't have to rush! On the wee...
by Exafchick
Mon Jul 02, 2018 1:19 pm
Forum: Personal Investments
Topic: STAR Funds
Replies: 10
Views: 2393

Re: STAR Funds

I opened my Roth IRA with the STAR fund and haven't changed it in over 15 years. I, too wanted simplicity and diversification in a fund I could afford. STAR definitely fit the bill. It was also highly recommended in the Mutual Funds for Dummies book I was reading! I am a bit more aggressive in my 40...
by Exafchick
Fri Jun 29, 2018 12:42 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2403
Views: 286578

Re: Pulled the trigger and paid off the house today

Wow, good for you! I had been paying extra toward the principle but decided to build up my emergency fund so I'd have enough to buy a new car with cash. But, once the fund gets to a number I feel comfortable with I will go back to adding extra to mortgage. What a big relief it must be!
by Exafchick
Wed Jun 27, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: those with whole home generators: who installed it?
Replies: 28
Views: 2429

Re: those with whole home generators: who installed it?

After Hurricane Irene a few years ago, I decided I needed to get a generator to ensure I didn't have to throw out a bunch of food or drive around trying to find dry ice. I opted for a Generac 7kw standby just to power the essentials (fridge, separate freezer, water pump, furnace, etc) and had a reco...
by Exafchick
Mon Jun 25, 2018 2:40 pm
Forum: Personal Consumer Issues
Topic: Cheap simple tablets?
Replies: 28
Views: 3271

Re: Cheap simple tablets?

RCA makes a line of tablets that are very good. Bought one for my nephew for his birthday and was so impressed with it I got one for me. 10.1" screen, detachable keyboard, google play...all for less than $100!
by Exafchick
Tue Jun 19, 2018 12:51 pm
Forum: Personal Investments
Topic: Value of a Military Retirement
Replies: 30
Views: 5045

Re: Value of a Military Retirement

I retired from active duty after 21 years in 2007. For me, having the guaranteed income from my pension allowed me to find a job I wanted to do instead of taking one because I had to. I retired to an area that is not so great economically so the pension really helped me ensure I could live where I w...
by Exafchick
Tue Jun 19, 2018 10:32 am
Forum: Personal Consumer Issues
Topic: How much car to buy reasonably?
Replies: 86
Views: 6893

Re: How much car to buy reasonably?

Hawaiishrimp wrote: Mon Jun 18, 2018 5:37 pm
Daryl wrote: Mon Jun 18, 2018 5:36 pm Honda Civic.

I could afford to drive a "status symbol", but why? The new Civics are a lot of fun!
Civic is on my list.
civic hatchback is very sporty looking, great gas mileage and won't break the bank, even if you bought new!
by Exafchick
Mon Jun 18, 2018 8:31 am
Forum: Personal Investments
Topic: STAR vs. 3-Fund Portfolio
Replies: 14
Views: 2552

Re: STAR vs. 3-Fund Portfolio

I'm a bit biased toward the STAR fund because it was my first fund. I purchased it in my Roth IRA (even though others say bonds should be in 401k but TSP didn't have that as an option when I bought it) mainly because it had a low buy-in but also the "Mutual Funds for Dummies" book recommen...
by Exafchick
Fri Jun 15, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 15051

Re: Which boglehead rule do you break--and are ok with

I have my bonds in my Roth IRA (100% Vanguard Star fund). My 401k is 80% Total Stock Market and 20% Total International Stock Market. I'm ok with that because I really like the Star fund (it was my first fund!) and it is easier to ensure my allocation is 80/20 this way.
by Exafchick
Fri Jun 15, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 89
Views: 8623

Re: can we afford to spend $20K on travel annually

Anyone else think 39 is a bit young to be considered middle aged?!
by Exafchick
Thu Jun 14, 2018 10:28 am
Forum: Personal Consumer Issues
Topic: Documentaries to recommend?
Replies: 158
Views: 27794

Re: Documentaries to recommend?

I also highly recommend the Ken Burns documentary on Jazz. I never really understood jazz music until I saw that. It can be streamed on Netflix. I watched the Ken Burns series on Baseball (mostly because ex liked baseball) but it was very enjoyable, entertaining and informative. His set on the Civi...
by Exafchick
Tue Jun 12, 2018 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 16613

Re: Best Advice You Never Took

bh7785 wrote: Mon Jun 11, 2018 1:34 pm
Exafchick wrote: Fri Jun 01, 2018 2:28 pm Not to marry my first husband...or second!
This made me chuckle. Are you now on your third? :D
No way! Twice was plenty!
by Exafchick
Thu Jun 07, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 1367
Views: 185043

Re: How much money do you want to retire?

Since I have a pension (retired from active duty in 2007), I estimate I could do nicely with a portfolio of around $650k (withdraw $2000/month should last over 30 years). I am estimated to get around $1675 at age 67. So between pension (which includes health care), investments and SS I'll have almos...
by Exafchick
Tue Jun 05, 2018 2:02 pm
Forum: Personal Consumer Issues
Topic: Don't make the mistake I made (Telemarketing hell)
Replies: 67
Views: 10014

Re: Don't make the mistake I made (Telemarketing hell)

I've noticed that the robo-calls will wait for you to say "hello" before going into their spiel. so after my initial hello when I first answer, if there is no reply I say "Bueller...Bueller" and if no human response, I just hang up!
by Exafchick
Tue Jun 05, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Employer-subsidized retiree health insurance questions
Replies: 19
Views: 1565

Re: Employer-subsidized retiree health insurance questions

When I enlisted in 1986, I had no idea how valuable the medical coverage and pension would be. I didn't even plan to stay 20 years (actually, retired after 21 years) just kept re-enlisting thinking "yeah, i could do 4 or 6 more years and then see". Since retiring, I am impressed with peopl...
by Exafchick
Fri Jun 01, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 16613

Re: Best Advice You Never Took

Not to marry my first husband...or second!
by Exafchick
Fri May 25, 2018 12:42 pm
Forum: Personal Investments
Topic: Alternative to Morningstar X-ray Tool
Replies: 14
Views: 10646

Re: Alternative to Morningstar X-ray Tool

oldzey wrote: Fri May 25, 2018 9:47 am http://hcplibrary.org/reference/
This worked! Thank you!
by Exafchick
Fri May 25, 2018 8:32 am
Forum: Personal Investments
Topic: Alternative to Morningstar X-ray Tool
Replies: 14
Views: 10646

Alternative to Morningstar X-ray Tool

Good morning! I wanted to check my current asset allocation but I don't have (or want) a subscription to Morningstar. I don't remember having to log in last time I checked so that must be a newer thing. Is there another site I can enter my current investments and amount to find out my AA? Thank you!