Search found 115 matches

by pkay
Wed Dec 04, 2019 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: how much to tip the cleaning lady
Replies: 75
Views: 4515

Re: how much to tip the cleaning lady

I think it's the least we can do to tip the person who helps keep your home tidy. Think about the work that they do, all day. It's demanding on the body. One session or one month's cost is good. Generosity is a virtue. My grandparents cleaned houses in their younger days to help make ends meet so I ...
by pkay
Tue Dec 03, 2019 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: How not to feel poor...
Replies: 55
Views: 7924

Re: How not to feel poor...

What you have is by no means poor. You have a house that is paid for. Plenty of money in the bank (certainly more than we have). Two adult children and a lovely wife who wants to spend time with you. It's good to spend what you have as long as it is within your means. Make memories and enjoy life to...
by pkay
Tue Dec 03, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1127
Views: 126535

Re: What frugal thing did you do today?

bought a 4 year old minivan with all the bells and whistles instead of a brand new one. Saved about $20K for buying used. Been very happy with our purchase!
by pkay
Tue Oct 29, 2019 8:20 am
Forum: Personal Consumer Issues
Topic: How much do you plan to spend on your children's weddings?
Replies: 182
Views: 9236

Re: How much do you plan to spend on your children's weddings?

DW and I paid for our wedding, $20k in a MCOL city 6 years ago for about 150 people. Neither of us come from affluent families even though I have high income job and low savings and lot of debt at the time we wanted to get married. To not incur more debt, I worked 2 jobs to pay for our wedding withi...
by pkay
Sat Aug 24, 2019 3:28 pm
Forum: Personal Investments
Topic: Capital Gain Taxes and withdrawals
Replies: 12
Views: 1132

Re: Capital Gain Taxes and withdrawals

Question, doesn’t a fund keep making distributions on the same dates so one would always be receiving distributions while waiting for the previous distribution to be long term (more than a year)?
by pkay
Tue Aug 20, 2019 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: HSA investing fee (PayFlex)
Replies: 22
Views: 1706

Re: HSA investing fee (PayFlex)

Been following this thread to see if there's anyone here who is still working and have ongoing HSA contribution via payroll deductions to Payflex HSA account. Anyone? I got the email about Payflex charging an AUM fee in October this year and was wondering what the best way is to transfer money out (...
by pkay
Wed Aug 14, 2019 9:26 am
Forum: Investing - Theory, News & General
Topic: Has anybody bought Wellington,Wellesley,LifeStra and just said the heck with the taxes or is that just dumb in taxable?
Replies: 48
Views: 3375

Re: Has anybody bought Wellington,Wellesley,LifeStra and just said the heck with the taxes or is that just dumb in taxa

OP, I used to have 300K of the Wellington Fund and Lifestrategy Moderate Growth fund (combined) in my taxable account. I only move them out of the taxable account when my taxable portfolio is 500K. In summary, only if your taxable portfolio is big enough, it matters. KlangFool KlangFool, mind expla...
by pkay
Wed Aug 14, 2019 8:04 am
Forum: Personal Investments
Topic: Are we on the right track? -- please review portfolio
Replies: 4
Views: 1771

Re: Are we on the right track? -- please review portfolio

I recognize the post is long but would like feedback from more Bogleheads. Thanks!
by pkay
Tue Aug 13, 2019 9:24 pm
Forum: Personal Investments
Topic: Are we on the right track? -- please review portfolio
Replies: 4
Views: 1771

Re: Are we on the right track? -- please review portfolio

Thank you Duckie for your feedback. I have some questions and answers to your response. 15% bonds is low for your ages. I recommend at least 25% if not 30% bonds. Understood. It's at 15% bond because we only started paying attention to our retirement accounts 3 years ago so wanted to be aggressive f...
by pkay
Tue Aug 13, 2019 9:30 am
Forum: Personal Investments
Topic: Are we on the right track? -- please review portfolio
Replies: 4
Views: 1771

Are we on the right track? -- please review portfolio

DW and I made some changes to our investments a year ago. Since then our portfolio has gotten large in terms of the number of investments we hold due to job change and TLH last year. Our disposable income has increased this year but will decrease again next year so we will not be able to save and in...
by pkay
Fri Aug 09, 2019 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Pretty much broke --- what would you advise?
Replies: 85
Views: 10011

Re: Pretty much broke --- what would you advise?

Sorry to hear about your former coworker. I'd agree with not taking more risks with her IRA money. Maybe she can look into a local church or nonprofit to work part time. or part time nanny? I'd understand it can be a more physically demanding job but she may be able to do it if healthy and can cook,...
by pkay
Thu Aug 08, 2019 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Oh geeze. How should I pay for this? Walk me off the ledge
Replies: 52
Views: 6577

Re: Oh geeze. How should I pay for this? Walk me off the ledge

In our case, the OBGYN office billed us a portion of the cost of the pregnancy care about 6-8 weeks before baby was due. The rest of the cost was billed after DW delivered baby. I'd caution that you check all the line items on the bill to be sure that they are charging correctly and in-network rate ...
by pkay
Thu Aug 08, 2019 7:09 am
Forum: Personal Investments
Topic: Is this a logical selling strategy?
Replies: 10
Views: 1009

Re: Is this a logical selling strategy?

The last car we bought (at almost the same price) was put on AMEX for travel points; that got us a very nice "free" trip, and it was paid off that month from money accumulated in bank (at 2.5%). For us, that worked better, simpler. I agree with the other responses that it may be more hassle than it...
by pkay
Wed Aug 07, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: new job doesn't have HDHP/HSA but I already contributed the max for 2019
Replies: 4
Views: 882

Re: new job doesn't have HDHP/HSA but I already contributed the max for 2019

Hi megabad, I withdrew the excess contribution plus interest growth from Fidelity (who now holds my HSA investment). Before I left my former employer, I transferred all my HSA funds from HSA Bank to Fidelity. In terms of who I informed of the excess contribution, it's only Fidelity - neither my form...
by pkay
Tue Aug 06, 2019 7:58 am
Forum: Personal Finance (Not Investing)
Topic: new job doesn't have HDHP/HSA but I already contributed the max for 2019
Replies: 4
Views: 882

Re: new job doesn't have HDHP/HSA but I already contributed the max for 2019

Hi, thanks for your response. i pulled 7 months out of mine. I made a typo... meant i was in old job for 5 months so should only have contributed 5 months of $3500. I dont know if I made it more complicated or not by only pulling out 7 months instead of the entire amount.
by pkay
Thu Jul 25, 2019 11:25 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1127
Views: 126535

Re: What frugal thing did you do today?

Biked to work this week but also ate out twice for lunch. will do better next week.
by pkay
Tue Jul 23, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: new job doesn't have HDHP/HSA but I already contributed the max for 2019
Replies: 4
Views: 882

new job doesn't have HDHP/HSA but I already contributed the max for 2019

BHs, I was commenting another post about HSA and realized I need some help with mine. At the beginning of 2019, spouse and I both have HDHP and HSA. Kids are insured under spouse plan. For simplicity purpose, we each contribute $3,500 to our own HSA. I already maxed out my $3,500 for 2019. However, ...
by pkay
Tue Jul 23, 2019 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Wife (teacher) and I are trying for a baby. What are some "must-knows" and other tips?
Replies: 127
Views: 11550

Re: Wife (teacher) and I are trying for a baby. What are some "must-knows" and other tips?

Start saving for college early . Ear mark a set amount each month to invest and just consider it 'off limits' except for college expenses. We did that and put two kids thru 5 years of college each (the plan was 4, but I predicted 5 - and was right); no loans, no debts. my kid(s) will be getting ful...
by pkay
Tue Jun 25, 2019 8:59 am
Forum: Personal Investments
Topic: Should I contribute to after-tax 401(a)?
Replies: 12
Views: 1077

Re: Should I contribute to after-tax 401(a)?

Correct, once you either rollover the employee after-tax contributions and any pre-tax earnings to either a Roth IRA or In-plan to a designated Roth account the subsequent earnings are tax-free. When you rollover both the employee after-tax contributions and pre-tax earnings to a Roth IRA or In-pla...
by pkay
Tue Jun 25, 2019 8:50 am
Forum: Personal Investments
Topic: Should I contribute to after-tax 401(a)?
Replies: 12
Views: 1077

Re: Should I contribute to after-tax 401(a)?

This is how I look at it for my personal situation into a Roth IRA. I plan to retire earlier than normal and first draw only on the contributions. I plan to roughly time it to start pulling the earnings at the point it is penalty and tax free. That is a solid investment account on top of retirement...
by pkay
Mon Jun 24, 2019 10:23 pm
Forum: Personal Investments
Topic: Should I contribute to after-tax 401(a)?
Replies: 12
Views: 1077

Re: Should I contribute to after-tax 401(a)?

Thanks, Spirit Rider. I will be asking Voya if there is option to convert what’s in 401a to Roth IRA or do an in-plan Roth rollover. If I can do either, then the principle and earning would both grow tax-free, correct? I suppose I will be taxed initially on any growth from the original principle. If...
by pkay
Mon Jun 24, 2019 8:48 pm
Forum: Personal Investments
Topic: Should I contribute to after-tax 401(a)?
Replies: 12
Views: 1077

Re: Should I contribute to after-tax 401(a)?

Yes, to confirm, I have only after-tax contribution option to my 401a plan. I've never had a after-tax employer sponsored plan before so I am not familiar with the implications of putting money in that plan v. putting money in online savings account or VG brokerage account. Has anyone dealt with Voy...
by pkay
Mon Jun 24, 2019 10:28 am
Forum: Personal Investments
Topic: Should I contribute to after-tax 401(a)?
Replies: 12
Views: 1077

Should I contribute to after-tax 401(a)?

Hi BH's, My employer offers at 457 deferred comp or ROTH plan AND automatically contributes a percentage of my pay to a 401(a) defined contribution plan. I recently found out that I can contribute an after-tax (not ROTH) amount to the plan as well. I already make maximum annual contribution to my 45...
by pkay
Thu Mar 28, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 33
Views: 2184

Re: How much house can we afford?

One other thing is...we want to buy because we believe the housing market will be more expensive. So wouldn't buying a house in and of itself be an investment too? Again, we live in the DC area - the market seems to be pretty hot all the time. Please help me debunk any myths if I'm wrong.
by pkay
Thu Mar 28, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 33
Views: 2184

Re: How much house can we afford?

Middistancerunner, We live in Northern Virginia, where Amazon HQ2 is coming. There is a lot of talk about housing affordability. Many renters fear that rental prices will not cool. Same goes with the buying market too. Not sure if it'll be seller's market for a while. And are the Feds going to raise...
by pkay
Thu Mar 28, 2019 10:01 am
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 33
Views: 2184

Re: How much house can we afford?

OP--you really didn't answer my main question (which I sort of buried). Updated numbers: I've got you at 273 gross - 38k 401/457 - 4.6 HSA = 230 taxable - 34k federal tax - 13k state tax = 15k per month take home. - 11k monthly exp = 4k left over. How are you only saving 2k per month or less in tax...
by pkay
Thu Mar 28, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 33
Views: 2184

Re: How much house can we afford?

I really hope you don't mind me saying this but as a physician , the combined household income seems a little on the low side . Of course , I don't know what your wife does either . Are you in primary care ? Are you full time ? If that's the case , can you work more ? something like 55+ hours and m...
by pkay
Thu Mar 28, 2019 9:44 am
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 33
Views: 2184

Re: How much house can we afford?

Agree that you need to do a more complete monthly budget. To put the $4k rent for a bigger place in context: How much is rent now? How much would PITI be on the house? runner540, our rent is 2800 inclusive of utilities, internet and cell phone. keeping expenses the same, we think we can afford $400...
by pkay
Thu Mar 28, 2019 9:13 am
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 33
Views: 2184

Re: How much house can we afford?

You didn't put the age of the children, but how long until that $3k/month daycare falls off? Say it's just 1-2 years, waiting until then would be a big help in your cashflow analysis #1 kid is 2.5 yo and #2 is 1 yo. Inlaws can help with downpayment, maybe a little less than 90k but not monthly paym...
by pkay
Thu Mar 28, 2019 8:02 am
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 33
Views: 2184

Re: How much house can we afford?

Hi BHs, We live in a HCOL area and are in a stage of our life where we need more room than our current apartment for our growing family. We also need bigger place because inlaws will be moving in with us. Rent on a bigger place in an ideal location (because we both work full-time and the kids go to...
by pkay
Thu Mar 28, 2019 7:55 am
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 33
Views: 2184

Re: How much house can we afford?

I'd probably rent the kind of place you want now - even at 4K if that's the only way to get the location /space you really want - and delay purchase until kids are out if daycare and you have more saved. I would not sacrifice family time - ie much longer commute - to get more space or lower rent as...
by pkay
Thu Mar 28, 2019 7:53 am
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 33
Views: 2184

Re: How much house can we afford?

Agree that you need to do a more complete monthly budget. To put the $4k rent for a bigger place in context: How much is rent now? How much would PITI be on the house? runner540, our rent is 2800 inclusive of utilities, internet and cell phone. keeping expenses the same, we think we can afford $400...
by pkay
Thu Mar 28, 2019 7:48 am
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 33
Views: 2184

Re: How much house can we afford?

Your total savings seems low for your age but I guess I don't have a lot of context for that. Are you sure about your monthly expenses? $170 to insure a car and two lives? Where are health insurance, utilities, cell phones, clothes, etc. Random kids stuff like books, toys, swim lessons, strollers, ...
by pkay
Wed Mar 27, 2019 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 33
Views: 2184

How much house can we afford?

Hi BHs, We live in a HCOL area and are in a stage of our life where we need more room than our current apartment for our growing family. We also need bigger place because inlaws will be moving in with us. Rent on a bigger place in an ideal location (because we both work full-time and the kids go to ...
by pkay
Sat Nov 17, 2018 11:07 pm
Forum: Personal Consumer Issues
Topic: Men's crew neck t-shirts
Replies: 47
Views: 4067

Men's crew neck t-shirts

hi there BHs,
Anyone has recommendations for comfortable (soft) crew neck t-shirts? I'm looking for some white crew neck t-shirts as undershirts for dress shirts. I am wearing Fruit of the Loom brand, but it's just ok. Thanks all.
by pkay
Wed Sep 12, 2018 11:12 am
Forum: Personal Consumer Issues
Topic: SS survivor benefits - only 30 days out of the country?
Replies: 6
Views: 1121

Re: SS survivor benefits - only 30 days out of the country?

There are many countries which do not have social security treaties with the US. If you stay in one of those countries more than 30 days, SSA may withhold your benefits until you return. There are additional conditions which apply to survivors. https://www.ssa.gov/pubs/EN-05-10137.pdf What if the s...
by pkay
Wed Sep 12, 2018 11:10 am
Forum: Personal Consumer Issues
Topic: SS survivor benefits - only 30 days out of the country?
Replies: 6
Views: 1121

Re: SS survivor benefits - only 30 days out of the country?

What if the survivor is receiving benefits via electronic deposit in a bank account in the US? Can the survivor still travel outside the US for more than 30 days?

It seems like this sending payment phrase refers to a time when electronic deposit was not available? Or is it SS's way of paying less?
by pkay
Wed Sep 12, 2018 9:47 am
Forum: Personal Investments
Topic: Leaving Payflex HSA - avoid account closure fee?
Replies: 44
Views: 6729

Re: Leaving Payflex HSA - avoid account closure fee?

I ended up opening an investment HSA account with PayFlex. Will face this issue in the future too if we wanted to use another custodian. Would love to hear others experience as well.
by pkay
Fri Sep 07, 2018 1:52 pm
Forum: Personal Consumer Issues
Topic: SS survivor benefits - only 30 days out of the country?
Replies: 6
Views: 1121

SS survivor benefits - only 30 days out of the country?

Hi all,

Has anyone have experience with receiving social security survivor benefits and told they can't travel out of the country for more than 30 days?

Also is it the same with anyone receiving any type of social security benefits?

-pkay
by pkay
Tue Aug 14, 2018 7:44 pm
Forum: Personal Consumer Issues
Topic: Should I be worried about potential identity theft? Bizarre email/name mix up?
Replies: 16
Views: 1160

Re: Should I be worried about potential identity theft? Bizarre email/name mix up?

Out of curiosity, what email address did it come from? I will say that I am impressed with how far the low life's have come. The iTunes one that is big right now is very well done and definitely looks like it could be coming from Apple, if you were older or new to smart phones. I hearken for the go...
by pkay
Tue Aug 14, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: Should I be worried about potential identity theft? Bizarre email/name mix up?
Replies: 16
Views: 1160

Re: Should I be worried about potential identity theft? Bizarre email/name mix up?

Common phishing scam. The biggest one going right now is faking iTunes email receipts. Delete and don't give it a second thought. I get a few each day in the email account that I use for all online purchases, aka, what is now just a giant spam receptacle. I do find threads like this interesting. I ...
by pkay
Tue Aug 14, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Should I be worried about potential identity theft? Bizarre email/name mix up?
Replies: 16
Views: 1160

Re: Should I be worried about potential identity theft? Bizarre email/name mix up?

The first thing *I* would do would be to determine where the email actually came from. In Outlook (what I use), put the email into the junk folder. Now highlight it and hit "block". It will now display the actual email address where the email came from. So instead of "macyreceipts@macys.com, it wil...
by pkay
Tue Aug 14, 2018 1:16 pm
Forum: Personal Consumer Issues
Topic: Should I be worried about potential identity theft? Bizarre email/name mix up?
Replies: 16
Views: 1160

Re: Should I be worried about potential identity theft? Bizarre email/name mix up?

I put the email in the spam folder. the email came from "alert@emails.macys.com", and i am working on changing password on accounts and all. I get spam all the time too but never had a spam that has spouse's name (different MI) on it. how did they even link my email account to spouse's name? that's ...
by pkay
Tue Aug 14, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: Should I be worried about potential identity theft? Bizarre email/name mix up?
Replies: 16
Views: 1160

Re: Should I be worried about potential identity theft? Bizarre email/name mix up?

Is it a common last name? Is your email address composed of your name? It sounds like someone shopped at Macy's that has the same name as you, opted in for email receipts, and there was a typo somewhere. Like it went to JohnQSmith@gmail.com instead of JohnWSmith@gmail.com email address does not hav...
by pkay
Tue Aug 14, 2018 12:25 pm
Forum: Personal Consumer Issues
Topic: Should I be worried about potential identity theft? Bizarre email/name mix up?
Replies: 16
Views: 1160

Should I be worried about potential identity theft? Bizarre email/name mix up?

I'll describe the situation and please, fellow BHs, tell me what's going on and if I should take certain actions to protect my and spouse's identities, email addresses, etc. Got an email (my personal email account) of a Macy's e-Receipt of purchases made in Hawaii, with my spouse's first and last na...
by pkay
Thu Aug 09, 2018 12:11 pm
Forum: Personal Investments
Topic: Leaving Payflex HSA - avoid account closure fee?
Replies: 44
Views: 6729

Re: Leaving Payflex HSA - avoid account closure fee?

The529guy, Were you successful in transferring out your HSA money or did you spend it down and leaving one cent in the account? Spouse and I have a HSA with Payflex and another HSA with HSA Bank through our current employers. We're wondering which account to invest in and if they will give us troub...
by pkay
Thu Aug 09, 2018 8:00 am
Forum: Personal Investments
Topic: Leaving Payflex HSA - avoid account closure fee?
Replies: 44
Views: 6729

Re: Leaving Payflex HSA - avoid account closure fee?

The529guy, Were you successful in transferring out your HSA money or did you spend it down and leaving one cent in the account? Spouse and I have a HSA with Payflex and another HSA with HSA Bank through our current employers. We're wondering which account to invest in and if they will give us troubl...
by pkay
Thu Aug 02, 2018 7:57 am
Forum: Personal Investments
Topic: Financial upside / downside of marriage vs cohabiting
Replies: 74
Views: 6469

Re: Financial upside / downside of marriage vs cohabiting

I've been engaged for 4 years and we are having a child at the end of this year. I earn significantly more then my spouse an have 10x network. Live in MA. Knowing that 42-45% of marriages end in divorce (google 2018 divorce stats), my parents are divorced and 2 out of 7 of my close friends are divo...
by pkay
Wed Jul 25, 2018 8:31 am
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 306
Views: 59490

Re: TLH for absolute dummies [Tax Loss Harvesting]

Haha, got your point. Thank you, Livesoft. I have two more questions for you and anyone reading this: 1. Is there an advantage when tax loss harvesting an ETF or a mutual fund? Then a sub-question, could I TLH an mutual fund for an ETF or vice versa? 2. Do you have any suggestion on how to set up a ...
by pkay
Tue Jul 24, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 306
Views: 59490

Re: TLH for absolute dummies [Tax Loss Harvesting]

I've read pages of this and other threads and am still not 100% clear if the following scenario is considered tax loss harvesting. Could someone enlighten me please? Say if I sell an ETF or mutual fund for short term loss. Instead of "exchange" the losing ETF/mutual fund, I transfer the money to MMF...