Search found 57 matches

by capitalhockey
Thu Nov 21, 2019 3:25 pm
Forum: Personal Consumer Issues
Topic: All-inclusive Mexico resort for young families
Replies: 2
Views: 311

Re: All-inclusive Mexico resort for young families

The best resorts for kids (in my opinion) is Crown Paradise in Cancun. We stayed there with our 2 y.o toddler last year for a week. They have a giant kids water park area, arcade playroom and a dedicated kids activities coordinator which have special things for different age groups (toddlers, teens,...
by capitalhockey
Thu Nov 21, 2019 3:21 pm
Forum: Personal Consumer Issues
Topic: 5-Day Trip Ideas for Young Families
Replies: 13
Views: 507

Re: 5-Day Trip Ideas for Young Families

There isn't a lot at Massanutten, especially for more than a few days. If you spent most of your time in the Williamsburg area at Great Wolf Lodge (not clear from your post), Colonial Williamsburg itself is a worthwhile destination for adults and children, as are Jamestown and Yorktown. That said, ...
by capitalhockey
Thu Nov 21, 2019 3:18 pm
Forum: Personal Consumer Issues
Topic: 5-Day Trip Ideas for Young Families
Replies: 13
Views: 507

Re: 5-Day Trip Ideas for Young Families

We have two young kids (toddler and baby) now so we are looking for something family friendly. Since it's a 5 day trip, we will probably use 2 days for traveling (to and from). We are looking to get some new places and trip ideas. I would find a cabin or condo in the woods, on a lake, or near a bea...
by capitalhockey
Thu Nov 21, 2019 2:37 pm
Forum: Personal Consumer Issues
Topic: 5-Day Trip Ideas for Young Families
Replies: 13
Views: 507

Re: 5-Day Trip Ideas for Young Families

Your list doesn't look bad. Thought I'd add a thought to maximize those trips. It sounds like your time is not restricted by work obligations (presume you are watching kids?): Consider going ahead of your spouse for a day or longer on the trips. There's significant time involved in getting luggage,...
by capitalhockey
Thu Nov 21, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: 5-Day Trip Ideas for Young Families
Replies: 13
Views: 507

Re: 5-Day Trip Ideas for Young Families

I noticed every single one of your trips involve going to cities or destination places. My top 5-day trips for families are: 1. Hiking multi-day trails or having my vehicle shuttled between spots on a longer trail. 2. Paddling trip. Two of my favorites are the 150 mile wild and scenic stretch of th...
by capitalhockey
Thu Nov 21, 2019 1:18 pm
Forum: Personal Consumer Issues
Topic: 5-Day Trip Ideas for Young Families
Replies: 13
Views: 507

5-Day Trip Ideas for Young Families

Hello, My wife (RN) started a job at a new employer so she will be stuck with low amount of vacation time until she gather up her leave total and move up to the higher leave status after 4 years with this company. With her RN work schedule and holidays next year, there will be a handful of windows f...
by capitalhockey
Fri Aug 09, 2019 8:50 am
Forum: Personal Consumer Issues
Topic: Do You Order "the Special" at Restaurants?
Replies: 50
Views: 4494

Do You Order "the Special" at Restaurants?

My wife and I enjoy eating out at various places....from casual to upscale dining. At most places, the waiter or waitress will always start off going over the restaurant's specials dishes. They will list the name of the dish, ingredients, cooking techniques and pricing. I would let them finish their...
by capitalhockey
Tue Jul 09, 2019 8:25 am
Forum: Personal Consumer Issues
Topic: Approach to Insurance (Car, Home, etc)
Replies: 7
Views: 477

Approach to Insurance (Car, Home, etc)

I was wondering what everyone's view on insurance (car, home, life, etc). My wife and I had an interesting discussion recently when renewing our insurance policies. We are fortunate enough to be well compensated with our careers which allow us to max out retirement accounts, contribute to a non-reti...
by capitalhockey
Mon Jun 03, 2019 1:50 pm
Forum: Personal Consumer Issues
Topic: Do you know someone who has anti-boglehead lifestyle?
Replies: 9
Views: 1025

Do you know someone who has anti-boglehead lifestyle?

My family grew up without much. I learned to live below my means. With hard work (and some luck), I paid my own way thru college and has been well compensated in my career. Even with more financial resources now, I still tend to live a boglehead lifestyle (used Toyota car, modest home, max out savin...
by capitalhockey
Fri May 10, 2019 10:06 am
Forum: Personal Consumer Issues
Topic: Self-Propelled Lawn Mower
Replies: 19
Views: 1117

Self-Propelled Lawn Mower

I mowed my parents lawn when I was growing up (with no allowance!) and may have to do it again soon (they are getting too old for it). Their lawn is a about a .25 acre and pretty flat. I am hoping to get the job done fairly quickly so it doesn't take up a big part of my free time during the weekends...
by capitalhockey
Tue Apr 30, 2019 1:28 pm
Forum: Personal Consumer Issues
Topic: Questions for Folks that Does Not Need Their 401k/IRA Funds in Retirement
Replies: 67
Views: 5589

Re: Questions for Folks that Does Not Need Their 401k/IRA Funds in Retirement

Is anyone in the same position in terms of not needing to touch their 401k/IRA in retirement since their pensions or social security is more than enough? If so, do you wish you had saved a little less and spend more during your younger days? What do you have plan with the untouched 401k/IRA - pass ...
by capitalhockey
Tue Apr 30, 2019 1:22 pm
Forum: Personal Consumer Issues
Topic: Questions for Folks that Does Not Need Their 401k/IRA Funds in Retirement
Replies: 67
Views: 5589

Re: Questions for Folks that Does Not Need Their 401k/IRA Funds in Retirement

We will not need to touch our 401(k)/IRAs, barring catastrophic long-term care expenses. Yes, I wish we had saved a less and spent more money on travel with our kids when they were younger. But that is 20-20 hindsight. Life and employment is uncertain. Our kids are the beneficiaries of our assets. ...
by capitalhockey
Tue Apr 30, 2019 1:19 pm
Forum: Personal Consumer Issues
Topic: Questions for Folks that Does Not Need Their 401k/IRA Funds in Retirement
Replies: 67
Views: 5589

Re: Questions for Folks that Does Not Need Their 401k/IRA Funds in Retirement

My wife and I live on our pensions and don't need our TSP, IRAs or taxable savings. We have fairly well funded 529s so we don't need anything other than those to pay for the kids' college. My wife and I are on the same page financially. We ponder and discuss things, but never have an "argument". No...
by capitalhockey
Tue Apr 30, 2019 9:25 am
Forum: Personal Consumer Issues
Topic: Questions for Folks that Does Not Need Their 401k/IRA Funds in Retirement
Replies: 67
Views: 5589

Questions for Folks that Does Not Need Their 401k/IRA Funds in Retirement

I had lunch with an old colleague last week who is retired. He and his wife have great pensions from their jobs along with social security, which covers all their expenses (no debt, home/car are paid off) with lots of discretionary funds. He also have a hefty 401k/IRA funds that have not needed to b...
by capitalhockey
Tue Apr 30, 2019 9:05 am
Forum: Personal Consumer Issues
Topic: What Are Your Simple Pleasures?
Replies: 145
Views: 13355

Re: What Are Your Simple Pleasures?

2) Nespresso Espresso Machine. I am not a coffee snob but can't stand K-Cup coffee....it taste very watery to me. Yes! Coffee capsules are almost universally awful. The one notable exception is Nespresso. I've been a fan and a customer for almost 20 years. In that time I've moved from the Europe to...
by capitalhockey
Tue Apr 30, 2019 8:45 am
Forum: Personal Consumer Issues
Topic: Living Overseas for 4 Months/Year for Regional Travel (Retirement)
Replies: 75
Views: 5850

Re: Living Overseas for 4 Months/Year for Regional Travel (Retirement)

My wife and I spent years planning for living abroad and executed that plan last year, after I retired. We own a mortgage-free house in a HCOL part of the USA. Several months before I retired, we informed the tenants in our basement apartment that they had six months to find another place to live. ...
by capitalhockey
Tue Apr 30, 2019 8:42 am
Forum: Personal Consumer Issues
Topic: Living Overseas for 4 Months/Year for Regional Travel (Retirement)
Replies: 75
Views: 5850

Re: Living Overseas for 4 Months/Year for Regional Travel (Retirement)

I think you are exaggerating the immersion aspect of all of this. 4 months in one country by itself is hardly enough time for immersion. If you'll be doing multiple trips around the region, as well, then you won't really have a chance to learn much about your home base. In fact, 4 months doesn't se...
by capitalhockey
Wed Apr 24, 2019 10:34 am
Forum: Personal Consumer Issues
Topic: Should I Sell Car to My Boss?
Replies: 25
Views: 2176

Should I Sell Car to My Boss?

Have to explain a bit.... I have a brother who owns a nice Mustang....he recently had a daughter and now looking to unload the car since it's not family friendly. My boss heard about it when I was chatting with a coworker....turns out, he is a big Mustang fan....asked some questions about it I am re...
by capitalhockey
Tue Apr 23, 2019 8:53 am
Forum: Personal Consumer Issues
Topic: Home Exchange Experiences?
Replies: 0
Views: 224

Home Exchange Experiences?

I was reading an article online on home exchange websites that allows you to trade homes with someone else for a period of time (weeks/months/year). You pick the destination you are interested to travel to and reach out to the home owner to see if they are interested in your home. Since lodging is a...
by capitalhockey
Mon Apr 22, 2019 11:02 am
Forum: Personal Consumer Issues
Topic: Living Overseas for 4 Months/Year for Regional Travel (Retirement)
Replies: 75
Views: 5850

Re: Living Overseas for 4 Months/Year for Regional Travel (Retirement)

I'm not retired (28) but I'm doing something similar this year. I'm taking a four month leave of absence from work and moving to New Zealand during that time. Healthcare: I'll buy a catastrophic policy in the US. I always have an annual medical evacuation policy that will cover getting me home in a...
by capitalhockey
Mon Apr 22, 2019 9:34 am
Forum: Personal Consumer Issues
Topic: Living Overseas for 4 Months/Year for Regional Travel (Retirement)
Replies: 75
Views: 5850

Re: Living Overseas for 4 Months/Year for Regional Travel (Retirement)

This sounds like a rewarding approach to travel. However, there are so many ways now to rent furnished dwellings on an as needed basis. What is the function of a so-so apartment 8 months of the year? Why commit to having a 12-month rental; maybe you want to use a different base next year. Good poin...
by capitalhockey
Mon Apr 22, 2019 9:32 am
Forum: Personal Consumer Issues
Topic: Living Overseas for 4 Months/Year for Regional Travel (Retirement)
Replies: 75
Views: 5850

Re: Living Overseas for 4 Months/Year for Regional Travel (Retirement)

My wife and I was watching our favorite show, House Hunter International and came across an episode that intrigued us. It was about a retired couple that chose to live overseas for 4 months a year. They used this strategy so they can have a "home base" in the region and use it to travel to other co...
by capitalhockey
Mon Apr 22, 2019 8:41 am
Forum: Personal Consumer Issues
Topic: Living Overseas for 4 Months/Year for Regional Travel (Retirement)
Replies: 75
Views: 5850

Living Overseas for 4 Months/Year for Regional Travel (Retirement)

My wife and I was watching our favorite show, House Hunter International and came across an episode that intrigued us. It was about a retired couple that chose to live overseas for 4 months a year. They used this strategy so they can have a "home base" in the region and use it to travel to other cou...
by capitalhockey
Tue Apr 16, 2019 8:37 am
Forum: Personal Consumer Issues
Topic: What Are Your Simple Pleasures?
Replies: 145
Views: 13355

What Are Your Simple Pleasures?

Similar to everyone here, I am very good at saving money. There are some consumer items that brings me pleasure and to me, are worth the spending. I don't consider them extravagant but simple pleasures. 1) Running Shoes. Changed to new pair this morning and feels like I am walking on air. I went to ...
by capitalhockey
Mon Apr 15, 2019 10:07 am
Forum: Personal Consumer Issues
Topic: Do You Give Money to Panhandlers?
Replies: 38
Views: 2140

Re: Do You Give Money to Panhandlers?

I was also thinking of giving them the business card to the local food pantry and homeless shelter. I am sure if this is helpful to them or make them mad.
by capitalhockey
Mon Apr 15, 2019 9:53 am
Forum: Personal Consumer Issues
Topic: Do You Give Money to Panhandlers?
Replies: 38
Views: 2140

Do You Give Money to Panhandlers?

Recently, I noticed that there are more panhandlers around where I live at (suburbs of major city). It seems like there is one at every big street intersection, especially on left turns waiting on green lights. I was wondering if folks here give money to panhandlers. I want to help and came up with ...
by capitalhockey
Wed Apr 10, 2019 9:56 am
Forum: Personal Consumer Issues
Topic: Are Airport Lounges Worth the Money?
Replies: 95
Views: 8959

Are Airport Lounges Worth the Money?

Read an article online about how luxurious some airport lounges can be.....complimentary buffet, full bar, place to take a nap and shower, etc. Lounge access is limited to members of certain credit cards that carry very pricey annual fees ($550 or much higher), elite status with airlines or pay a he...
by capitalhockey
Tue Apr 09, 2019 12:56 pm
Forum: Personal Consumer Issues
Topic: How Much Do You Pay For Haircut?
Replies: 115
Views: 7265

How Much Do You Pay For Haircut?

I go to a barber shop roughly every 3 to 4 weeks. Regular men's haircut cost $15 and I tip $2 for total of $17. No shampoo or shaving included. I have a pretty basic haircut and does not care much about fancy style. I have it cut short and neat. How much do you pay for your haircut? I was thinking a...
by capitalhockey
Thu Apr 04, 2019 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Can You Do Backdoor Roth Conversions for 2 Different Tax Year?
Replies: 2
Views: 343

Re: Can You Do Backdoor Roth Conversions for 2 Different Tax Year?

You should have filed a 2017 Form 8606 to report the 2017 $5.5K non-deductible contribution to the traditional IRA. You should file a 2018 Form 8606 carrying forward the 2017 $5.5K non-deductible basis, reporting the 2018 $5.5K non-deductible contribution to the traditional IRA for a total non-dedu...
by capitalhockey
Thu Apr 04, 2019 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Can You Do Backdoor Roth Conversions for 2 Different Tax Year?
Replies: 2
Views: 343

Can You Do Backdoor Roth Conversions for 2 Different Tax Year?

Last year was the first time I tried to do backdoor Roth. I am pretty sure I did everything correctly so that the conversion from my non-deductible Traditional IRA to ROTH would not increase my taxes. In 2018, I made two contributions into my non-deductible Traditional IRA (kept as cash in account a...
by capitalhockey
Wed Apr 03, 2019 2:43 pm
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2906

Re: Additional Costs for 3rd Child?

When my children were small, their pediatrician told us the following about gender: 1. For the first child, gender is 50/50. 2. For the second child, 60/40 that it will be the same as the first. 3. For the third child, if the first two are the same, 70/30 that it will be the same as the first two. ...
by capitalhockey
Wed Apr 03, 2019 10:51 am
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2906

Re: Additional Costs for 3rd Child?

I hope my wife can move forward and be at peace with a 2-boys only family. I can also see where she is coming from. If we had 2 daughters, I would be banging on the door for a 3rd kid to try to get a boy. I think I would have felt something missing if I did not have a son.
by capitalhockey
Wed Apr 03, 2019 10:33 am
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2906

Re: Additional Costs for 3rd Child?

I hear the "kids aren't expensive" and all that jazz but I can tell you for a two parent two income household, kids are expensive. Before they're in school, they're easily $1,200/mo in daycare+related expenses per child, which basically dwarfs all other expenses but the mortgage. If you have two ki...
by capitalhockey
Wed Apr 03, 2019 9:50 am
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2906

Re: Additional Costs for 3rd Child?

hockey player, eh? same here :beer We just had our 3rd, so I'm certainly not an expert. Our oldest just turned 4, and the middle one is 2.5, so they're all pretty close together, though I know ppl have kids a lot closer together. I'm nowhere near as rich as you (planning to retire at 50? nice!), bu...
by capitalhockey
Wed Apr 03, 2019 9:15 am
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2906

Additional Costs for 3rd Child?

Our first child is a 2 y.o boy that has brought us a lot of joy. We are expecting our second child (another boy) later this year and have always thought 2 would be ideal for us. We will be more than grateful for two healthy kids. My wife was hoping for a daughter that she can do girly stuff with (sh...
by capitalhockey
Tue Mar 19, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Car Dealer Promo: 0% for 60 months (need advice)
Replies: 25
Views: 2630

Re: Car Dealer Promo: 0% for 60 months (need advice)

Thanks for the explanation. That makes a lot of sense. I will not be trading in old car (wife is giving it to her brother). I am able to buy cash for total price but figured 0% is free money. Promotion was attractive with that regards...assuming I am getting same price. It sounds like dealer will tr...
by capitalhockey
Tue Mar 19, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Car Dealer Promo: 0% for 60 months (need advice)
Replies: 25
Views: 2630

Re: Car Dealer Promo: 0% for 60 months (need advice)

Yes, it was for 0% for 60 months. I believe it's a local dealer promotion and not directly from Honda.

Dealer is Chantilly Honda

Promo is up on their website if you google it....I can't post link here
by capitalhockey
Tue Mar 19, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Car Dealer Promo: 0% for 60 months (need advice)
Replies: 25
Views: 2630

Car Dealer Promo: 0% for 60 months (need advice)

I am in the market for a new Odyssey EX-L minivan. My wife is expecting our second child in August. We are trading a sedan for the minivan. I already test drove it a few times. Dealer usually do big promotions with the holidays. My original plan was to make the purchase during Memorial Day weekend o...
by capitalhockey
Tue Mar 19, 2019 8:29 am
Forum: Personal Consumer Issues
Topic: Better to Donate Time or Money To Charity?
Replies: 37
Views: 1643

Better to Donate Time or Money To Charity?

I was thinking of this topic on subway ride to work this morning. Is it better to donate your time with volunteering or your money to charity? I think there are two ways to look at it: 1) Efficiency. It might be more efficient to donate money to charity. I am a subject matter expert in my profession...
by capitalhockey
Wed Mar 13, 2019 9:43 am
Forum: Personal Consumer Issues
Topic: Vacation Home: Own vs. Rent??
Replies: 42
Views: 4098

Vacation Home: Own vs. Rent??

Hello, One of my childhood dreams was to own a nice vacation home. It seemed very far fetch when I was growing since we grew up poor. My wife also had a similar upbringing. We both worked hard to become professionals in well paying fields and save 40% of our annual gross pay each year. We could use ...
by capitalhockey
Mon Mar 11, 2019 9:28 am
Forum: Personal Consumer Issues
Topic: Boglehead Approach Outside of Finance
Replies: 4
Views: 773

Boglehead Approach Outside of Finance

Like folks on this board, I am grateful for having financial success using boglehead approach with the general life principles (live below your means, save for the future, delayed gratification, find value in purchases, be frugal, advance planning, etc). I was wondering if folks also applied the "Bo...
by capitalhockey
Tue Feb 26, 2019 12:26 pm
Forum: Personal Consumer Issues
Topic: Anyone Keep a Second Fridge in Garage?
Replies: 56
Views: 4572

Anyone Keep a Second Fridge in Garage?

Hello, My wife and I renovated our kitchen last year (new cabinets, counter-tops, and appliances). Our kitchen was about 15 years old with functional but looked cosmetically out of date. I brought the house when I was single for the great commute to work and didn't care much about the kitchen since ...
by capitalhockey
Tue Feb 12, 2019 8:29 am
Forum: Personal Finance (Not Investing)
Topic: When You Realized You Don't Need 401k in Retirement...
Replies: 34
Views: 3879

Re: When You Realized You Don't Need 401k in Retirement...

To the OP: 20 years ago, I was about your age. My Megacorp had a very good pension plan. Fully funded. I was just 10 years from being retirement eligible. The pension would have been about 65% of my pay at retirement. I thought that would be the main part of my retirement. I had a 401K, but was not...
by capitalhockey
Mon Feb 11, 2019 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: When You Realized You Don't Need 401k in Retirement...
Replies: 34
Views: 3879

Re: When You Realized You Don't Need 401k in Retirement...

Looks like you will need a bridge fund to get from early retirement (mid 50's?) to optimum SS claiming age. Make sure your SS benefit estimate is valid for potentially earning zero between retirement and 62. (The SS statement estimate assumes you will earn at your current rate right up to retiremen...
by capitalhockey
Mon Feb 11, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: When You Realized You Don't Need 401k in Retirement...
Replies: 34
Views: 3879

Re: When You Realized You Don't Need 401k in Retirement...

The answer may not be save less in the 401k, but perhaps save in 401k with partial or all Roth contributions. I have not run numbers, so this is not a suggestion, but something to think about. We are in a high tax bracket now and would rather max out pre-tax accounts for present tax avoidance. We d...
by capitalhockey
Mon Feb 11, 2019 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: When You Realized You Don't Need 401k in Retirement...
Replies: 34
Views: 3879

Re: When You Realized You Don't Need 401k in Retirement...

I agree with other posters - you are making a lot of assumptions that could change. Here are some that happened to us. When planning for retirement, we never included getting SS. We figured if we got it, it would be icing on the cake. On the other hand, we never planned that our pre-medicare retire...
by capitalhockey
Mon Feb 11, 2019 11:13 am
Forum: Personal Finance (Not Investing)
Topic: When You Realized You Don't Need 401k in Retirement...
Replies: 34
Views: 3879

Re: When You Realized You Don't Need 401k in Retirement...

Agree that OP is making too many assumptions 15-20 years out. I would continue to monitor your situation year to year. Having more $$$ means you could retire a few years earlier if desired. I would also be sure to spend a reasonable amount of money on recreational activities NOW if you're not alrea...
by capitalhockey
Mon Feb 11, 2019 11:00 am
Forum: Personal Finance (Not Investing)
Topic: When You Realized You Don't Need 401k in Retirement...
Replies: 34
Views: 3879

Re: When You Realized You Don't Need 401k in Retirement...

OP, Why would you choose to work another 25 to 30 years even if you can? You have only one life to live. You may not be healthy enough to do a certain thing when you are older. The perfect time to retire is when the kids left for college. You may not be able to retire at that time if you need your ...
by capitalhockey
Mon Feb 11, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: When You Realized You Don't Need 401k in Retirement...
Replies: 34
Views: 3879

Re: When You Realized You Don't Need 401k in Retirement...

......both of which are sizable since I have been maxing out 401k and investing 40% of gross income every year. A lot of investing choices are about balance. Saving 40% of your income would be pretty extreme even without having the pension. If that is impacting your ability to do enjoy life now the...
by capitalhockey
Mon Feb 11, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: When You Realized You Don't Need 401k in Retirement...
Replies: 34
Views: 3879

Re: When You Realized You Don't Need 401k in Retirement...

OP, Why would you choose to work another 25 to 30 years even if you can? You have only one life to live. You may not be healthy enough to do a certain thing when you are older. The perfect time to retire is when the kids left for college. You may not be able to retire at that time if you need your ...