Search found 229 matches

by bradpevans
Fri Aug 10, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Would you pay this mortgage off?
Replies: 51
Views: 3980

Re: Would you pay this mortgage off?

I like to add this question to the mix: once you pay off the mortgage, where do those dollars go the next month? If the answer is long term investments / retirement accounts, then (to me) that is even more reason NOT to pay the mortgage down but rather to invest. The retirement money will be in ther...
by bradpevans
Fri Aug 10, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7272

Re: Rude response from boss re: market adjustment

I took a couple hours of my own time yesterday to compose a professional request for an evaluation at my company for a market adjustment for my department. Background info is this is my part time job, full time job has had 3 market adjustments in the past 6 years while this job has offered 0. Gener...
by bradpevans
Thu Aug 09, 2018 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional 401k and Roth 401k?
Replies: 14
Views: 575

Re: Traditional 401k and Roth 401k?

I called my 401k company again, and the guy confirmed basically what you said. This was not what the previous lady said. My plan doesn't have a Roth IRA option, only a roth 401k option. I did some research and it looks like if I do the after-tax contribution, a conversion to roth-401K will be taxed...
by bradpevans
Thu Aug 09, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute extra $ into Roth or Mortgage
Replies: 12
Views: 993

Re: Contribute extra $ into Roth or Mortgage

Here's our background: Ages- 31 $52k salary- husband works and I stay at home with our children $90k remaining on mortgage- 7/1 ARM at 2.875%- 3.5 years until adjustment $27k months of emergency fund in MM at 1.85% $23k in savings earmarked for car/health/home repairs $26k in low risk investments e...
by bradpevans
Thu Aug 09, 2018 12:02 pm
Forum: Investing - Theory, News & General
Topic: Dividend Growth Investing--what's the attraction?
Replies: 12
Views: 1254

Re: Dividend Growth Investing--what's the attraction?

I *suspect* there is also the psychological component of not having to decide what to sell, when to sell and how much to sell. Given enough dividend stocks, the holder just goes to the mailbox every week to get their "paycheck" From the corporate side, if the dividend has been steadily increasing, t...
by bradpevans
Tue Aug 07, 2018 11:25 am
Forum: Personal Consumer Issues
Topic: Getting the stink out of synthetic shirts
Replies: 37
Views: 2438

Re: Getting the stink out of synthetic shirts

these guys take a chemistry approach: https://defunkify.com/collections/frontpage

They were not in favor of high heat because of the impact on clothing itself
by bradpevans
Tue Aug 07, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: Overview of the 56 Vanguard ETFs (article)
Replies: 2
Views: 359

Overview of the 56 Vanguard ETFs (article)

EDIT: A better listing here: https://investor.vanguard.com/etf/list#/etf/asset-class/month-end-returns An article from the folks at Motley Fool: https://www.fool.com/investing/2018/08/05/your-complete-guide-to-vanguard-etfs.aspx A spreadsheet version of this would be nice, as the article gives the f...
by bradpevans
Sun Aug 05, 2018 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: Apple Stock
Replies: 13
Views: 1581

Re: Apple Stock

Tough call here. I've been thinking about selling a bit of what I have too. Bought in many years ago at low 20's a share and today this single stock is 30% of my portfolio. But I've been betting on emerging markets and international for the last 5 years and AAPL has been the growth part of the port...
by bradpevans
Sat Jul 28, 2018 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion questions
Replies: 17
Views: 1485

Re: Roth conversion questions

I am retiring this year at 66yo. I have thought about doing Roth conversions for next 4 years before RMD’s. If I could convert $60,000/year without getting bumped into hire tax bracket, that is only $240,000. If I have one million now in my account at the end of four years, it’s only reduced to $76...
by bradpevans
Sat Jul 28, 2018 10:57 pm
Forum: Personal Consumer Issues
Topic: steel cut oats wash/rinse before cooking
Replies: 13
Views: 1968

Re: steel cut oats wash/rinse before cooking

+1 on soaking overnight

My dad does it that way, along with a small non stick sauce pan with a ventable lid
by bradpevans
Sat Jul 28, 2018 10:57 pm
Forum: Personal Consumer Issues
Topic: steel cut oats wash/rinse before cooking
Replies: 13
Views: 1968

Re: steel cut oats wash/rinse before cooking

+1 on soaking overnight

My dad does it that way, along with a small non stick sauce pan with a ventable lid
by bradpevans
Sun Jul 22, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: Requesting restitution from airline for delayed recovery baggage
Replies: 15
Views: 1084

Re: Requesting restitution from airline for delayed recovery baggage

Final destination was home, but had to purchase some clothes/items to tide over the time without them. Actual loss will be determined when the bag actually shows up if anything missing (inventory kept for what was packed as international flight for both customs and self-purpose) and detailed invent...
by bradpevans
Sun Jul 22, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: Requesting restitution from airline for delayed recovery baggage
Replies: 15
Views: 1084

Re: Requesting restitution from airline for delayed recovery baggage

Final destination was home, but had to purchase some clothes/items to tide over the time without them. Actual loss will be determined when the bag actually shows up if anything missing (inventory kept for what was packed as international flight for both customs and self-purpose) and detailed invent...
by bradpevans
Fri Jul 20, 2018 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Options to lower my tax liability with RMD’s
Replies: 12
Views: 1964

Re: Options to lower my tax liability with RMD’s

Thanks for the information. I’ll look into starting to do Roth roll overs next year. My income it to high this year. When I was re-orged out in mid June they gave me 52 weeks pay and vacation pay. So I can do a Roth rollover every year until I start to collect SS? You can do Roth conversion any tim...
by bradpevans
Fri Jul 20, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Reevaluating mortgage payoff strategy
Replies: 63
Views: 5979

Re: Reevaluating mortgage payoff strategy

Pay off the mortgage your future self will thank you. +1 I laugh how many here talk about low er's for investing. Like the differnce being in a Target Fund vs 3 fund because you save on the er. But we have no problem paying 3.3% for 30 years on a mortgage. This does not make sense. I look at paying...
by bradpevans
Fri Jul 20, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Reevaluating mortgage payoff strategy
Replies: 63
Views: 5979

Re: Reevaluating mortgage payoff strategy

Pay off the mortgage your future self will thank you. +1 I laugh how many here talk about low er's for investing. Like the differnce being in a Target Fund vs 3 fund because you save on the er. But we have no problem paying 3.3% for 30 years on a mortgage. This does not make sense. I look at paying...
by bradpevans
Thu Jul 19, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Good to Go, yes/no?
Replies: 21
Views: 1919

Re: Good to Go, yes/no?

With that pension another consideration is to delay your SS all the way to 70. It will give more room for Roth conversion It might mean a steeper draw-down until 70, but then a slower draw-down after 70. It adds a bit of longevity insurance as well. I would not think of waiting 11 more years to beg...
by bradpevans
Thu Jul 19, 2018 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Short term capital gains tax dilemma
Replies: 12
Views: 1372

Re: Short term capital gains tax dilemma

RSUs typically offer you leverage, which suggests holding them a long time (market factors and company knowledge notwithstanding) Say you get in at strike price of 100 and stock is now 120. You have $20/share profit. Now imagine it goes up another 10%, so its 132. your profit is now $32/share, a ful...
by bradpevans
Thu Jul 19, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Good to Go, yes/no?
Replies: 21
Views: 1919

Re: Good to Go, yes/no?

With that pension another consideration is to delay your SS all the way to 70.
It will give more room for Roth conversion
It might mean a steeper draw-down until 70, but then a slower draw-down after 70.
It adds a bit of longevity insurance as well.
by bradpevans
Thu Jul 19, 2018 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Reevaluating mortgage payoff strategy
Replies: 63
Views: 5979

Re: Reevaluating mortgage payoff strategy

At 2.625%, I would not pay it off, I would invest those dollars you might use to pay it off. Getting your money in the market sooner is one of the best things you can do. At the point where you can *pay it off* then I might do that. Paying it down doesn't help your cash flow and it locks your money ...
by bradpevans
Thu Jul 19, 2018 6:25 am
Forum: Investing - Help with Personal Investments
Topic: Heresy: Is It Worth Converting tIRAs to Roth?
Replies: 46
Views: 4455

Re: Heresy: Is It Worth Converting tIRAs to Roth?

Misattributing a quote is not unheard of in internet forums. Reading more into it than was ever intended is not unheard of either. Having a thick skin on the internet is a good way to maximize the helpful comments one might get from friendly volunteers. Thanks for the condescension. I've been on th...
by bradpevans
Wed Jul 18, 2018 7:12 am
Forum: Investing - Help with Personal Investments
Topic: Quick question on taxable account in early retirement
Replies: 9
Views: 1050

Re: Quick question on taxable account in early retirement

Thanks all. We're still about 15-17 years from early/partial retirement, I just couldn't search for this topic effectively to get the answer I was looking for. So, practically speaking, if you only needed enough money to not trigger any capital gains then the only difference between a Roth and taxa...
by bradpevans
Tue Jul 17, 2018 10:53 pm
Forum: Personal Consumer Issues
Topic: 35 minute connection for flight, long enough?
Replies: 65
Views: 3558

Re: 35 minute connection for flight, long enough?

Other considerations: are there additional flights to your destination? Is it likely to be the same terminal? Big planes and little planes sometimes means more walking distance.

If the airline will let you book it then I would do it. But if research additional schedules in case you land too late
by bradpevans
Tue Jul 17, 2018 7:51 am
Forum: Personal Consumer Issues
Topic: Alaska Trip/Cruise Summer of 2020. Help me plan
Replies: 23
Views: 1673

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

If you plan to fly (and Alaska Air is an option), consider this for the "companion fare"
https://www.alaskaair.com/content/credi ... -signature
by bradpevans
Mon Jul 16, 2018 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Accepted new job, immediately laid off at old one?
Replies: 37
Views: 6103

Re: Accepted new job, immediately laid off at old one?

hi guys - so i recently accepted another job a week and a half back that's a much better opportunity for myself. however, I just got laid off from my current job on friday (they cited a company wide restructuring as the reason, but I feel like they might have found out that I was leaving for anothe...
by bradpevans
Mon Jul 16, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Diversification & Capital Gains
Replies: 3
Views: 258

Re: Diversification & Capital Gains

I think its more an Asset Allocation question than a tax question. (FWIW, i own some of those same stocks and I'll be keeping them) On LTCG, you have cut-points that put you at 0/15/20/23.8% tax rates on your gains. You could sell now and pay the highest rate, and remove future uncertainty. You coul...
by bradpevans
Thu Jul 12, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Five years to retirement (article)
Replies: 12
Views: 1922

Re: Five years to retirement (article)

The comments section on nytimes.com is more enlightening. +1. Agreed. The comments were enlightening as to the mindset of readers. I am not sure they are totally representative but they seemed more fixated on the $140k salary and $1.5M 401k balance than the principles that apply to people at differ...
by bradpevans
Thu Jul 12, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of tax professional to look for?
Replies: 14
Views: 872

Re: What kind of tax professional to look for?

I've got general investing and planning down, and basic taxes down, but I want to start looking at our after retirement tax situation (mostly related to state taxes and different rules about taxing 401k contributions vs distributions), and I think I might need professional help - or at least someon...
by bradpevans
Wed Jul 11, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11583

Re: SS taken at 62 vs. 70, but measured from 70+

Women leave work more than 2 years earlier than men on average after receiving less pay during their working years. They need to take SS when they leave the workforce just like most folks retiring as they have no real savings to support the retirement. I really doubt that there are 223% more woemn ...
by bradpevans
Wed Jul 11, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Five years to retirement (article)
Replies: 12
Views: 1922

Five years to retirement (article)

Countdown to retirement: A five-year plan , from the NY Times.

[link formatted by admin LadyGeek]
by bradpevans
Wed Jul 11, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Dad asked for my help on pension decision that I do not understand
Replies: 43
Views: 3413

Re: Dad asked for my help on pension decision that I do not understand

Delamer post some good questions while I was researching this information and covered other issues that I now do not need to address. Given that you dad is single you are down to 3 options on the pension. You made no mention of a COLA so I assumed there is none. Cash up front, Single Life Annuity o...
by bradpevans
Tue Jul 10, 2018 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Retired, age 60 - Tax Plan. Please suggest improvements.
Replies: 30
Views: 3111

Re: Retired, age 60 - Tax Plan. Please suggest improvements.

If you are taking Medicare at 65 I believe your income at 63 comes into play

I’d be interested in your spreadsheet if you could PM me (wiping out your data first of course)

My situation is very similar although I’ve got about 5-10 years till I pull the ripcord
by bradpevans
Tue Jul 10, 2018 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Temporary Tax Wall Scenario With EE Bonds - Roth Conversion of Little Help.
Replies: 1
Views: 198

Re: Temporary Tax Wall Scenario With EE Bonds - Roth Conversion of Little Help.

you have money in your 401K / tax-deferred account. If you take it out now, it will be taxed at ___x_% (according to your total income this year) If you take it out later, it will be taxed at __y__% (according to income, which now include SS income) The calculus isn't the performance but rather the ...
by bradpevans
Tue Jul 10, 2018 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Employer match in 401K
Replies: 3
Views: 569

Re: Employer match in 401K

Hello, My goal in my megacorp administered 401K was to reach the 55K limit for 2018. I first filled the pre-tax bucket till 18.5K and then changed contributions towards the after-tax bucket. The goal is to rollover the after-tax funds to a Roth IRA (a la mega backdoor Roth). The employer match is 5...
by bradpevans
Tue Jul 10, 2018 7:53 am
Forum: Investing - Help with Personal Investments
Topic: After-tax contributions to 401(k)?
Replies: 25
Views: 1766

Re: After-tax contributions to 401(k)?

Okay, that makes a lot more sense! I didn't realize after-tax conversions from a 401(k) would have to be done on a pro-rata basis, but I guess it's like the regular backdoor Roth in that respect. Not exactly. Unlike backdoor Roth, distributions or in-plan conversions usually only involve the after-...
by bradpevans
Mon Jul 09, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Tipping in a hotel room/cruise ship room
Replies: 57
Views: 4186

Re: Tipping in a hotel room/cruise ship room

Never been on a cruise, but I leave a few dollars each day for housekeeping in hotels. I prefer to not have them service the room until I leave and keep the "Do not disturb" sign on my door. However several times I've had phone calls or staff coming and asking me about allowing housekeeping in when...
by bradpevans
Mon Jul 09, 2018 11:14 am
Forum: Investing - Theory, News & General
Topic: Stock buy backs?
Replies: 13
Views: 648

Re: Stock buy backs?

I just read that a lot of companies are buying back their own stocks this year. Questions: 1. Why would they do this when the market is so high? 2.What does this mean to stockholders? 3.What does this mean to the market in general? Peace, JTJjr My $0.02 1) The Trump tax cuts 2) generally considered...
by bradpevans
Fri Jul 06, 2018 8:47 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11583

Re: SS taken at 62 vs. 70, but measured from 70+

It is a crap shoot. You could claim at 62 and win, Or wait till 70 and win. Or could claim at any age in between. Folks older than me had options I do not. Apparently the magic year is 1954, wife qualifies, but I do not. Folks younger than me might also have to face changes. Born in 1958 I don't se...
by bradpevans
Fri Jul 06, 2018 8:46 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11583

Re: SS taken at 62 vs. 70, but measured from 70+

It is a crap shoot. You could claim at 62 and win, Or wait till 70 and win. Or could claim at any age in between. Folks older than me had options I do not. Apparently the magic year is 1954, wife qualifies, but I do not. Folks younger than me might also have to face changes. Born in 1958 I don't se...
by bradpevans
Thu Jul 05, 2018 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor: Jazz Wealth (CRD #282807)
Replies: 21
Views: 1052

Re: Financial Advisor: Jazz Wealth (CRD #282807)

Greetings, After reading the Bogleheads’ Guide to Investing and Tony Robbin’s Money, Master the Game, I was curious about financial advisor (and all the fees they might charge) and whether or not I need one. And can I find one that has a low-entry asset value (less than $25,000)? I found this compa...
by bradpevans
Thu Jul 05, 2018 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Just divide what you've got by what you'll spend??
Replies: 21
Views: 2843

Re: Just divide what you've got by what you'll spend??

Actually, if your rate of return exactly equaled spending inflation, the spending/money calculation would actually be off by 5%-20%. Assume I have $1,000,000 and spend $50,000 a year. The calculation would assume 20 years of spending. But, if we assume a 3% return on my investment, and a 3% spendin...
by bradpevans
Wed Jul 04, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio's income effects on Social Security [When to take Social Security?]
Replies: 5
Views: 781

Re: Portfolio's income effects on Social Security [When to take Social Security?]

While you didn’t ask,you may wish to consider delaying SS and doing Roth conversions

The basis / gain in taxable comes into play. A investment of 105K worth 150k might provide 150k to live on without triggering any taxed
by bradpevans
Wed Jul 04, 2018 9:34 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11583

Re: SS taken at 62 vs. 70, but measured from 70+

For every $100 at 62 it’s $175 at 70. If the money goes under a mattress then it’s 128 months to break even If the 62 invests its longer than 128 months Must 62 claimants are not investing but rather spending If not needed at 62 the main reason to claim would be to leave a larger inheritance (imo) A...
by bradpevans
Tue Jul 03, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Where to park funds for 2019 rIRA?
Replies: 6
Views: 543

Re: Where to park funds for 2019 rIRA?

I would put the money in taxable brokerage. In fact, I would put the money in taxable brokerage from $0 to the point you have $11,000, and beyond, throughout the year. Then make your IRA contribution from your brokerage account in January every year. Wash, rinse, repeat. I agree with ^^^ this. You ...
by bradpevans
Tue Jul 03, 2018 6:49 am
Forum: Investing - Theory, News & General
Topic: Does the ROTH IRA force us to rebalance in January?
Replies: 24
Views: 1465

Re: Does the ROTH IRA force us to rebalance in January?

Every year I make a Roth IRA contribution. Current research suggests that dollar cost averaging is not the best practice, so naturally the best time to invest this "sideline cash" is as early as possible, which is January. In order to decide where the $$ go in the Roth, I have to look at the whole ...
by bradpevans
Tue Jul 03, 2018 6:39 am
Forum: Personal Consumer Issues
Topic: Repair Vehicle or Move On?
Replies: 22
Views: 1549

Re: Repair Vehicle or Move On?

I have a 2006 Lexus GX 470 that needs about $4,500-$5k in repairs (radiator, gaskets, valves, etc..). It currently has a 184k miles on it. I bought it used and its been a very solid vehicle to this point. I'm torn on whether I should do the repairs and try to get another couple of years out of it o...
by bradpevans
Mon Jul 02, 2018 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: RSU Strategy
Replies: 10
Views: 837

Re: RSU Strategy

At my company the day they vest the taxes are taken out. Roughly for every 100 shares I end up with 61 shares with the missing 39% going for taxes I think of it this way: I just got a $10000 bonus so my paycheck is $6100. It’s just $6100 in stock If I sell immediately then no tax impact. I suspect t...
by bradpevans
Mon Jul 02, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Retiring in Michigan (Ann Arbor)
Replies: 65
Views: 4770

Re: Retiring in Michigan (Ann Arbor)

We started our careers in Michigan. Then moved to Southern California. We went to Michigan as a family recently for a short holiday. We spent some time in the Ann Arbor area. We loved the small town feel. The greenery and parks. The reduced traffic. The people sounded relaxed. We also liked Windsor...
by bradpevans
Mon Jul 02, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: 401-k Rollover
Replies: 9
Views: 687

Re: 401-k Rollover

Hello, I have a 401-k that I need to move by the end of the year. I can roll it over into my new employer account (limited investiment options and many seem to have higher expense ratios) or I can roll it into an IRA. I'm pretty sure I'll roll it Into a IRA, my question is where is a reputable plac...
by bradpevans
Sun Jul 01, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: Retiring in Michigan (Ann Arbor)
Replies: 65
Views: 4770

Re: Retiring in Michigan (Ann Arbor)

We started our careers in Michigan. Then moved to Southern California. We went to Michigan as a family recently for a short holiday. We spent some time in the Ann Arbor area. We loved the small town feel. The greenery and parks. The reduced traffic. The people sounded relaxed. We also liked Windsor...