Search found 113 matches

by tommy85
Sat Nov 30, 2019 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: How much are you saving for retirement in 2019?
Replies: 82
Views: 5330

Re: How much are you saving for retirement in 2019?

Roughly 141k + contribution by wife to pension plan this year. That is about 70% of our post tax salary and about 45% of gross salary.
by tommy85
Sat Nov 30, 2019 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contribution and maximization question
Replies: 7
Views: 503

Re: HSA contribution and maximization question

Makes sense. Thanks everyone for your replies.
by tommy85
Sat Nov 30, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contribution and maximization question
Replies: 7
Views: 503

Re: HSA contribution and maximization question

you can only contribute the family max if you have a family plan. Do you have any dependents who would be covered? If so, keep the dependent(s) on the person with HDHP plan to allow for family contribution. If only single coverage, only the single HSA max applies Mike For now it's just me and wife....
by tommy85
Sat Nov 30, 2019 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contribution and maximization question
Replies: 7
Views: 503

HSA contribution and maximization question

Hello all, Me and my wife both work for the same employer who has both HDHP and a non HDHP. We are both mandated to have our own individual health plans and can not have a family plan together. We were both on non HDHP plan until this year and were using FSA but I realized it is better to switch to ...
by tommy85
Fri Nov 22, 2019 2:32 am
Forum: Personal Finance (Not Investing)
Topic: Help Chosing a New Health Plan
Replies: 17
Views: 1721

Re: Help Chosing a New Health Plan

EarningBack wrote:
Thu Nov 21, 2019 11:21 pm
Anyone? Maybe I'll start a new thread, or perhaps that would just be pissing in the wind.
The tax you would be avoiding on the money that you put in FSA or HSA. In most cases it should be your marginal tax rate.

However, I am not 100% sure.
by tommy85
Sat Nov 09, 2019 10:38 pm
Forum: Personal Investments
Topic: Is this a reasonable allocation for early 30s
Replies: 9
Views: 1073

Re: Is this a reasonable allocation for early 30s

One thing you may want to consider is target date fund that matches your stock/bond allocation. Yes, you may pay slightly higher ER but you would have the simplicity and would have access to total stock market.
by tommy85
Tue Sep 10, 2019 7:15 pm
Forum: Personal Consumer Issues
Topic: Lexus or Camry?
Replies: 34
Views: 3378

Re: Lexus or Camry?

azianbob wrote:
Tue Sep 10, 2019 5:41 pm
Keep the Lexus. Both are paid off. Reliability is similar between the two but the Camry is older so will need major repairs / to be replaced sooner. Also at the 100k mileage, its due for more expensive major maintenance which you can avoid for now.
1+
by tommy85
Sat Sep 07, 2019 11:04 pm
Forum: Personal Consumer Issues
Topic: Does anybody replace HVAC capacitors presumptively before they fail as part of maintenance?
Replies: 44
Views: 3499

Does anybody replace HVAC capacitors presumptively before they fail as part of maintenance?

A HVAC technician recently told me our capacitors are near the end of their lives. However, I am not sure if it was a genuine advice or a money gouging technique. I am wondering if I should just go ahead and replace them. I would rather replace them when I have time to do it than pay couple hundred ...
by tommy85
Mon Aug 19, 2019 3:45 pm
Forum: Personal Consumer Issues
Topic: Poll: Beater or Luxury car for long daily commute
Replies: 33
Views: 1381

Re: Poll: Beater or Luxury car for long daily commute

Option 2, only if one can afford it.
by tommy85
Thu Aug 08, 2019 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash-back credit card right now?
Replies: 116
Views: 23349

Re: good cash reward credit card

Alliant credit union has 3% cash back on everything. It does have a 100$ annual fee which is waived off the first year. You break even at 20,000$ annual expense compared to no annual fee 2% back cards.

Tom
by tommy85
Wed Aug 07, 2019 1:07 pm
Forum: Personal Consumer Issues
Topic: How to find a reliable car service center?
Replies: 45
Views: 2730

Re: How to find a reliable car service center?

See if your town has a facebook group, that might help, otherwise its trial and error. Just remember, cheaper is not always better when it comes to mechanics. Very true, in my opinion. I do not mind paying for needed and appropriate car maintenance and repair - even if it is not "cheap". What I do ...
by tommy85
Wed Aug 07, 2019 1:04 pm
Forum: Personal Consumer Issues
Topic: How to find a reliable car service center?
Replies: 45
Views: 2730

Re: How to find a reliable car service center?

Your best bet is to trade your current car in for something less reliable. You'll have more opportunities to evaluate your options. Win-win! My car once broke down across the street from a repair shop. He turned out to be one of my favorite mechanics. I currently own a 2014 Lexus ES 350 which has g...
by tommy85
Wed Aug 07, 2019 10:51 am
Forum: Personal Consumer Issues
Topic: How to find a reliable car service center?
Replies: 45
Views: 2730

Re: How to find a reliable car service center?

We are relatively new to the area and do not have many friends/acquaintances here. The people we know, most of them take their cars to dealerships. But thank you for your reply.
by tommy85
Wed Aug 07, 2019 10:44 am
Forum: Personal Consumer Issues
Topic: How to find a reliable car service center?
Replies: 45
Views: 2730

How to find a reliable car service center?

Hello all,

Just wondering if Bogleheads have a secret for finding a reliable car service center. From previous posts, I have learnt local mom and pop shops are better than dealerships but dont know how to find a reliable one. Is there a directory of a review website that is reliable.

Thanks
Tom
by tommy85
Sun Jul 28, 2019 8:12 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 183
Views: 20204

Re: Do you buy new or used cars?

I think it depends on what make and model you are looking at buying. When I bought my car 2 years ago, 3 year old Camry was only about 3k cheaper than new which I thought was not a big price difference to buy used given the risk associated with them. Then I looked at Lexus ES 350 and was able to buy...
by tommy85
Thu Jul 25, 2019 11:36 am
Forum: Personal Consumer Issues
Topic: Does your bank charge fees for personal ACH transfers to other banks?
Replies: 32
Views: 1863

Re: Does your bank charge fees for personal ACH transfers to other banks?

Not at my credit unions. I bank with 2 of them. like somebody else said it's not bank but credit union.
by tommy85
Wed Jul 24, 2019 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Help Chosing a New Health Plan
Replies: 17
Views: 1721

Re: Help Chosing a New Health Plan

A good article from financebuff on the topic https://thefinancebuff.com/hmo-ppo-vs-high-deductible-hdhp-hsa.html I'm changing our plan to high deductible after plugging in numbers into the calculator. It saves us more money in taxes by contributing to HSA even though our deductible will go up. Plus ...
by tommy85
Wed Jul 17, 2019 1:52 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1144
Views: 128834

Re: What frugal thing did you do today?

Fixed leaking kitchen faucet myself and probably saved couple hundred dollars. Shopped around for home/auto/umbrella insurance and saved about 1500/year combined.
by tommy85
Wed Jul 17, 2019 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: How to plan for extended illness?
Replies: 35
Views: 2115

Re: How to plan for extended illness?

I am currently going through similar situation for last 6 months after getting diagnosed with cancer. I have been out of work since then and going through chemotherapy. What kept us afloat are: 1. FMLA which has enabled me to be out of work for extended period and keep my health insurance. 2. FMLA f...
by tommy85
Sun Jul 07, 2019 8:04 pm
Forum: Personal Consumer Issues
Topic: How warm to set thermostat while away
Replies: 62
Views: 5256

Re: How warm to set thermostat while away

Consumer reports recommends 85F when away.
by tommy85
Thu Jun 27, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Website design help
Replies: 22
Views: 1370

Re: Website design help

GoDaddy has good and easy to self do templates as well. Other option is to bid your work on websites like freelancer.com. I believe you can get a website built under $100.
by tommy85
Wed Jun 26, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Help me choose a insurance company
Replies: 16
Views: 945

Re: Help me choose a insurance company

Thank you everyone for your replies. With all due respect, my original question was is Amica worth paying extra 1k/year.

Tom
by tommy85
Wed Jun 26, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Help me choose a insurance company
Replies: 16
Views: 945

Re: Help me choose a insurance company

Have you asked that question of Amica? If the policies are truly similar except for cost, I wonder how they would persuade you their coverage is better in some way. Is Amica offering you dividend policies with higher upfront cost but you can get a large dividend on back-end (not guaranteed). IIRC I...
by tommy85
Wed Jun 26, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Help me choose a insurance company
Replies: 16
Views: 945

Re: Help me choose a insurance company

sport wrote:
Wed Jun 26, 2019 12:36 pm
I've used State Farm for many years. I have been satisfied.
Unfortunately, statefarm has been prohibitively expensive for me.
by tommy85
Wed Jun 26, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Are there any websites like term4sale for home/auto and umbbrella insurance?
Replies: 2
Views: 481

Re: Are there any websites like term4sale for home/auto and umbbrella insurance?

As I don’t have an insurance broker, I used selectquote.com (no affiliation) two years ago and had a very good experience. Accepted quotes on auto-home-umbrella from one of the well-regarded insurers he came back with. House policy premium was same as existing insurer (much better coverage, etc.) b...
by tommy85
Wed Jun 26, 2019 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Help me choose a insurance company
Replies: 16
Views: 945

Help me choose a insurance company

Dear Bogleheads, After getting quotes from a local independent insurance agent, selectquote.com website and Amica I have narrowed it down to two policies for auto/home and umbrella insurance. For similar coverage, Safeco costs per 2600$/year and Amica costs me about 3600$/year. I have read several p...
by tommy85
Tue Jun 25, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Are there any websites like term4sale for home/auto and umbbrella insurance?
Replies: 2
Views: 481

Are there any websites like term4sale for home/auto and umbbrella insurance?

Hello everyone, I am trying to see if anybody is aware of any websites for home/auto and umbrella insurance that compare rates across several insurance companies and provide the best rate like term4sale does with term life insurance. I did a google search and did not come up with anything. Thanks Tom
by tommy85
Sun Jun 23, 2019 8:54 am
Forum: Personal Consumer Issues
Topic: Any Mint Mobile customers here?
Replies: 37
Views: 2600

Re: Any Mint Mobile customers here?

Thank you everyone for your replies. I was nervous to switch to Mint but with reassurance from everybody here, I finally made the switch yesterday and have been happy so far!
by tommy85
Thu Jun 13, 2019 11:22 am
Forum: Personal Consumer Issues
Topic: Fishing rod/reel combo recommendation
Replies: 10
Views: 612

Re: Fishing rod/reel combo recommendation

Hello bogleheads, Does anybody have any recommendations for a good fishing rod for light fishing from shore. May be a spinner rod but looking for recommendation on a good brand/model that is cheaper and good value. I do understand they can get very pricey with brands like Penn. My budget is 50$. Th...
by tommy85
Thu Jun 13, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: Fishing rod/reel combo recommendation
Replies: 10
Views: 612

Re: Fishing rod/reel combo recommendation

Broken Man 1999 wrote:
Thu Jun 13, 2019 10:58 am
If you have a Bass Pro shop nearby, you could try out various rods and reels in their pond.

Broken Man 1999
Thank you! I will try them out.
by tommy85
Thu Jun 13, 2019 9:05 am
Forum: Personal Consumer Issues
Topic: Fishing rod/reel combo recommendation
Replies: 10
Views: 612

Re: Fishing rod recommendation

Does anybody have any recommendations for a good fishing rod for light fishing from shore. May be a spinner rod but looking for recommendation on a good brand/model that is cheaper and good value. I do understand they can get very pricey with brands like Penn. My budget is 50$. Given the type of fi...
by tommy85
Thu Jun 13, 2019 8:43 am
Forum: Personal Consumer Issues
Topic: Fishing rod/reel combo recommendation
Replies: 10
Views: 612

Fishing rod/reel combo recommendation

Hello bogleheads, Does anybody have any recommendations for a good fishing rod for light fishing from shore. May be a spinner rod but looking for recommendation on a good brand/model that is cheaper and good value. I do understand they can get very pricey with brands like Penn. My budget is 50$. Tha...
by tommy85
Wed Jun 12, 2019 8:57 pm
Forum: Personal Investments
Topic: Fidelity® Emerging Markets Index Fund FPADX vs DFA Emerging Markets Portfolio DFEMX
Replies: 4
Views: 626

Re: Fidelity® Emerging Markets Index Fund FPADX vs DFA Emerging Markets Portfolio DFEMX

Tom, I own the Fidelity Emerging Markets Index fund. Have not ever owned a DFA but I know this is a well regarded fund group, though unless you have access through a workplace savings plan, you need an advisor to access. If you believe in the academic research and factors, go with the DFA product d...
by tommy85
Thu Jun 06, 2019 2:40 pm
Forum: Personal Investments
Topic: Fidelity® Emerging Markets Index Fund FPADX vs DFA Emerging Markets Portfolio DFEMX
Replies: 4
Views: 626

Fidelity® Emerging Markets Index Fund FPADX vs DFA Emerging Markets Portfolio DFEMX

I know in general advice is to pick lower expense ratio, however does DFA Emerging Markets Portfolio(DFEMX) with ER 0.47 justify the higher expense ratio compared to Fidelity® Emerging Markets Index Fund (FPADX) with ER 0.075%. I only ask because DFA is held in high standards by many as they follow ...
by tommy85
Thu Jun 06, 2019 6:52 am
Forum: Personal Consumer Issues
Topic: Any Mint Mobile customers here?
Replies: 37
Views: 2600

Re: Any Mint Mobile customers here?

Thank you for letting me know! Unfortunately I missed the offer..
by tommy85
Wed Jun 05, 2019 6:07 pm
Forum: Personal Consumer Issues
Topic: Any Mint Mobile customers here?
Replies: 37
Views: 2600

Re: Any Mint Mobile customers here?

That will be nice if they send 2 Sims:) I can use for trial and one to port number.
by tommy85
Tue Jun 04, 2019 9:10 pm
Forum: Personal Consumer Issues
Topic: Any Mint Mobile customers here?
Replies: 37
Views: 2600

Re: Any Mint Mobile customers here?

Thank you everyone for your replies. I have ordered a Sim card to try it out. If it works out well where I live, I will get another Sim and port my number.

Tom
by tommy85
Tue Jun 04, 2019 9:47 am
Forum: Personal Consumer Issues
Topic: Any Mint Mobile customers here?
Replies: 37
Views: 2600

Re: Any Mint Mobile customers here?

Thank you! I tried searching as well but somehow didn't find that thread! Appreciate your help.

Tom
by tommy85
Tue Jun 04, 2019 9:42 am
Forum: Personal Consumer Issues
Topic: Any Mint Mobile customers here?
Replies: 37
Views: 2600

Any Mint Mobile customers here?

Hi all, I know there are threads here discussing low cost cell phone providers and MVNOs in general but i wanted to know if there are many Mint mobile users and if so what has there experience been so far particularly dealing with the customer service. I am debating switching since i am having issue...
by tommy85
Sun Jun 02, 2019 2:03 pm
Forum: Personal Consumer Issues
Topic: "Fishing" Shirt Recommendations
Replies: 18
Views: 1567

Re: "Fishing" Shirt Recommendations

Sam's club has similar shirts for about 16$.

https://m.samsclub.com/ip/men-s-river-s ... od22170717
by tommy85
Wed May 29, 2019 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Diagnosed with cancer, anything else I should be doing?
Replies: 24
Views: 4407

Re: Diagnosed with cancer, anything else I should be doing?

I missed the no kids also. I was thinking of life insurance for the wife in case she passed away and the OP had to take care of the kids. However, this applies if you start a family. Also Mrs. OP may be providing care now that would have to be hired out. I am sure someone not feeling well is not go...
by tommy85
Wed May 29, 2019 12:44 am
Forum: Personal Investments
Topic: VALIC fees
Replies: 5
Views: 615

Re: VALIC fees

My parents are both retired school teachers in their late 60s. They have a pension which covers their living expenses. They also have about $350k from their school district's 403(b) with VALIC. After discovering Bogleheads a couple of years ago, I got my finances in better shape and have shared som...
by tommy85
Tue May 28, 2019 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Diagnosed with cancer, anything else I should be doing?
Replies: 24
Views: 4407

Re: Diagnosed with cancer, anything else I should be doing?

I'm glad things look good. For what it's worth, I know two people who have had cancer recur one more than once, and they are still beating it ten + years later. I would have your wife insured up to the gills also. Thank you fru-gal. What kind of insurance are you referring to for wife? And could yo...
by tommy85
Tue May 28, 2019 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Diagnosed with cancer, anything else I should be doing?
Replies: 24
Views: 4407

Re: Diagnosed with cancer, anything else I should be doing?

The ICE binder and sharing account logins is a good start but I would suggest going further. Since you're on BH, I assume you're the more active financial manager in the household. I suggest you work on financially educating your wife to the point where she can take over the family finances and inv...
by tommy85
Tue May 28, 2019 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Diagnosed with cancer, anything else I should be doing?
Replies: 24
Views: 4407

Re: Diagnosed with cancer, anything else I should be doing?

Thank you for your reply. I will look into the ICE Binder. I will also double check she has all the passwords. It is such a surreal curveball to have come your way, I know. But glad that the prognosis is good. I would suggest that you and your wife start using LastPass for your passwords, and, in s...
by tommy85
Tue May 28, 2019 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Diagnosed with cancer, anything else I should be doing?
Replies: 24
Views: 4407

Re: Diagnosed with cancer, anything else I should be doing?

Hi, I am sorry to hear about your situation. I hope your situation has been resolved and the test results are certainly a cause for hope. I don't have much financial advice other than what you've already done. If your wife has income, then your need to make financial preparations will be much more ...
by tommy85
Tue May 28, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Diagnosed with cancer, anything else I should be doing?
Replies: 24
Views: 4407

Re: Diagnosed with cancer, anything else I should be doing?

Hello all, I was diagnosed with cancer about 4 months ago and undergoing chemotherapy now. The prognosis looks good. Last scan showed all of cancer was gone. I'm 33 years old, married, no kids, physician by occupation. I have been out of work on FMLA for last 4 months and anticipate to be out for a...
by tommy85
Tue May 28, 2019 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Diagnosed with cancer, anything else I should be doing?
Replies: 24
Views: 4407

Diagnosed with cancer, anything else I should be doing?

Hello all, I was diagnosed with cancer about 4 months ago and undergoing chemotherapy now. The prognosis looks good. Last scan showed all of cancer was gone. I'm 33 years old, married, no kids, physician by occupation. I have been out of work on FMLA for last 4 months and anticipate to be out for an...
by tommy85
Wed May 08, 2019 3:19 pm
Forum: Personal Investments
Topic: Am I paying too much for my ORP?
Replies: 10
Views: 977

Re: Am I paying too much for my ORP?

Does ORP stand for Optional Retirement Plan? Is this a 401a plan where you and your state employer are required to contribute? Does the ORP give you a choice of vendors? You haven’t given us enough information to know what you are dealing with. A link to the ORP would be helpful. Yes, it is a 401 p...
by tommy85
Wed May 08, 2019 3:15 pm
Forum: Personal Investments
Topic: Am I paying too much for my ORP?
Replies: 10
Views: 977

Re: Am I paying too much for my ORP?

The rate charged is going to vary substantially by the size of your employer. The smaller they are, the less leverage they have to negotiate lower fees, and if the employer is not willing to cover the costs of administrating the plan, you'll have to pay the provider like this. How much lower depend...