Search found 64 matches

by Aku09
Sat Sep 26, 2020 9:55 am
Forum: Personal Finance (Not Investing)
Topic: New job and moving next year
Replies: 4
Views: 652

Re: New job and moving next year

Current person is retiring in December but there is a high likelihood it will be in July. They are not paying for my moving expenses (not standard in my line of work). My wife and I usually just rent the biggest uhaul and make a trip or two. Usually costs less than $500 total to move. It’s only an h...
by Aku09
Fri Sep 25, 2020 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: New job and moving next year
Replies: 4
Views: 652

New job and moving next year

So I have been offered a new job to start next year either in the summer or fall of next year. It is a job back in my hometown that requires me to move out of my current state and sell my home. I’d like some advice on how to best proceed from here. The move is not really a financial move as the pay ...
by Aku09
Tue Sep 01, 2020 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA contributions
Replies: 17
Views: 1272

Re: Multiple HSA contributions

It specifically states this plan is eligible for an HSA. A link to the various plans is: http://www.egtrust.org/wp-content/uploads/2020/07/Plan-Comparisons-A-E-eff-09-01-2020-FINAL-1.pdf She has access to join A-D and it states that plan D is HSA eligible. I don’t doubt her school district is withou...
by Aku09
Mon Aug 31, 2020 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA contributions
Replies: 17
Views: 1272

Re: Multiple HSA contributions

There are 4 different plans she can choose from A-D. D is the only one that says it is a HDHP and is eligible for an HSA. It does have copays before the deductible though. I have never heard that you can’t have copays and it be a HDHP.
by Aku09
Sun Aug 30, 2020 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA contributions
Replies: 17
Views: 1272

Re: Multiple HSA contributions

Also, does it matter that my wife does not contribute to social security as they have a pension instead? If she's also exempt from medicare tax then there would be no advantage to contributing to her HSA through payroll deduction and you may as well contribute to Fidelity. If she does still pay med...
by Aku09
Sun Aug 30, 2020 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA contributions
Replies: 17
Views: 1272

Re: Multiple HSA contributions

Also, does it matter that my wife does not contribute to social security as they have a pension instead? If she's also exempt from medicare tax then there would be no advantage to contributing to her HSA through payroll deduction and you may as well contribute to Fidelity. If she does still pay med...
by Aku09
Fri Aug 28, 2020 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA contributions
Replies: 17
Views: 1272

Re: Multiple HSA contributions

:sharebeer Does all of this sound correct? Thanks! Yes, but...if you are under the FICA income limit ($132k?), if you contribute via payroll deductions, you will also save the payroll taxes. If you are above the limit, you will end up paying them anyway, so not worth making any fuss. However, I doub...
by Aku09
Fri Aug 28, 2020 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA contributions
Replies: 17
Views: 1272

Re: Multiple HSA contributions

My wife is under as she makes about 40k a year. I make 200k.
by Aku09
Fri Aug 28, 2020 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA contributions
Replies: 17
Views: 1272

Multiple HSA contributions

Currently my family and I are covered through a HDHP through my work and an HSA is offered. Through my benefits my entire medical coverage is paid for, but I pay the full cost of my families policy. For medical alone it is $1100 a month for a $6k deductible policy for them. My employer also contribu...
by Aku09
Mon Jul 20, 2020 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: $359k in med school debt; advice for family member
Replies: 101
Views: 7120

Re: $359k in med school debt; advice for family member

I don’t have a lot of advice other than he needs to tackle it asap. I graduated from CRNA school 4 years ago with 150k in debt and was making 160k. I have refinanced my student loans a total of 4 times. Most recently refinanced to a 5 year variable last fall and currently have 0.18% interest rate. M...
by Aku09
Tue Jul 07, 2020 2:36 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1715
Views: 223487

Re: Post your Financial Milestone Announcements Here

I officially have 100k in my 401k and HSA accounts combined as of close of market yesterday (will drop back down today it seems). Im a bit later than many on here (I'm 35) and I had 0 in retirement 3.5 years ago. A combination of not prioritizing savings and grad school got me here, but I'm well on ...
by Aku09
Sun Jul 05, 2020 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Starting Hourly Wage for a BSN Graduate
Replies: 11
Views: 848

Re: Starting Hourly Wage for a BSN Graduate

Sounds about right for this part of the country. I graduated with my BSN in 2010 and made $20.21 an hour in west TN. An extra $0.30 an hour for having my BSN and $3.50 an hour to work nights. I worked 3-12s for 3 years. Never got much of a raise (I maybe made $21 an hour after leaving). At least whe...
by Aku09
Sun Jul 05, 2020 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with all this MONEY ?
Replies: 201
Views: 21103

Re: What to do with all this MONEY ?

Congrats on winning the race. I’m 35 and can see your dilemma. As someone not too much older than your son I’d suggest using some of your money for lasting memories with your family. Try to plan a nice family vacation 1-2 times a year. Find out something your kids may want to do for their birthday a...
by Aku09
Tue Jun 23, 2020 8:50 pm
Forum: Personal Investments
Topic: 401k Plan: How to Reduce Plan Fees?
Replies: 24
Views: 1035

Re: 401k Plan: How to Reduce Plan Fees?

I work for a small healthcare company with about 15 employees. We pay 0.6% AUM yearly. I wish I could get mine down to 0.25%.
by Aku09
Mon Jun 08, 2020 11:11 am
Forum: Personal Consumer Issues
Topic: Looking at buying house with in-ground pool. What questions should we ask?
Replies: 62
Views: 3898

Re: Looking at buying house with in-ground pool. What questions should we ask?

Bought a house 4 years ago with an in ground pool (never owning one before). I love it, but it is some work and somewhat pricy. During the summer my electric bill goes up $200 (combination pool pump and AC for the house). Everything on the pool is expensive to replace. Saltwater cell ($800), pool pu...
by Aku09
Sat May 16, 2020 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Best rewards bonus for a large purchase
Replies: 5
Views: 562

Re: Best rewards bonus for a large purchase

Go for something like the chase sapphire. Can use the points for cash or travel. Can also transfer to other rewards programs (Southwest, Hyatt, etc).
by Aku09
Sun May 10, 2020 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Very Low Student Loan Interest Rate - Invest Instead?
Replies: 34
Views: 2009

Re: Very Low Student Loan Interest Rate - Invest Instead?

I have refinanced a total of 4 times and went with a 5 year variable in October of last year. It has decreased in rate nearly every month and mine this month is 0.45% (yes you read that right). I’ve been making $3500 a month payments for the past bit. I have struggled with should I invest more now ...
by Aku09
Sat May 09, 2020 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Very Low Student Loan Interest Rate - Invest Instead?
Replies: 34
Views: 2009

Re: Very Low Student Loan Interest Rate - Invest Instead?

We are in very similar circumstances (although I’m in healthcare and not law). I make 200k a year now and graduated with 150k in student loans. For the past year and a half I have tried to pay them off more aggressively. I’m currently at 65k principal and should be done by the end of next year at my...
by Aku09
Sun Apr 26, 2020 7:43 pm
Forum: Personal Consumer Issues
Topic: lawn care cost
Replies: 107
Views: 10518

Re: lawn care cost

I used to pay $70 plus tax for a weekly mow on a roughly 1.5 acre lot. Takes 3-4 guys 40 minutes to mow. Got a new guy 2 weeks ago who only charges $50. So overall a win for me saving $80 a month. I priced out someone else last year and they wanted $85 to do it. Prices here in western KY are high fo...
by Aku09
Sat Mar 28, 2020 8:48 am
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 55406

Re: How Is Your Job Being Impacted By The Current Crisis?

I am a nurse anesthetist and have seen a big drop in our surgery volume. We were already staffing with several travelers and part time people and they were cut immediately. Have had a few that have been inadvertently exposed and one still in quarantine. Went from staffing 12 ORs and procedure rooms ...
by Aku09
Fri Mar 27, 2020 6:43 pm
Forum: Personal Investments
Topic: Why would my company delay 401k contributions by 3 days?
Replies: 11
Views: 1212

Re: Why would my company delay 401k contributions by 3 days?

I get paid once a month on the last business day of the month. My contributions don’t hit until around the 10th and sometimes a couple days after that.
by Aku09
Wed Mar 11, 2020 10:39 pm
Forum: Investing - Theory, News & General
Topic: Are any early accumulators thankful for the current correction?
Replies: 185
Views: 10390

Re: Are any early accumulators thankful for the current correction?

I’m 35 and have only been a high income earner for a little less than 4 years and only recently started maxing my 401k. My employee gives 8% of my salary to my 401k so roughly 3k a month gets deposited total. Still paying off my large amount of student loans from grad school (down to 71k from 150k) ...
by Aku09
Sun Feb 02, 2020 2:07 pm
Forum: Personal Consumer Issues
Topic: paying cleaning lady
Replies: 49
Views: 5024

Re: paying cleaning lady

Hired our first cleaning lady a little less than a year ago. Older lady that I work with who cleans a few houses on the side. Comes once a week in the evenings after work for 3-4 hours and we pay $75. We provide all the cleaning supplies although she has a few tools to clean the hardwood floors that...
by Aku09
Sun Jan 26, 2020 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Hospice and Medicare Advantage Plans - a little known Catch22
Replies: 79
Views: 4889

Re: A reprise of my mother's hospice and Medicare Advantage plan "catch-22"

Hospice is certainly a different animal altogether. My wife’s grandfather had end stage copd, on 24/7 oxygen, and still continued to smoke. Was on hospice at home when his oxygen caught on fire from him smoking and had significant burns to his face. All transfers have to be approved by hospice and h...
by Aku09
Sun Jan 12, 2020 7:57 pm
Forum: Personal Investments
Topic: 401k Investment options
Replies: 14
Views: 2142

Re: 401k Investment options

Thanks for the encouragement. I did manage to refinance my student loans twice more in 2019. First time was in July for a 3.39% 5 year fixed. Second time was at the end of October on a 5 year variable which is currently 1.81%. I figured with my accelerated payoff pattern of 2 years or so that I shou...
by Aku09
Fri Jan 10, 2020 6:34 pm
Forum: Personal Investments
Topic: 401k Investment options
Replies: 14
Views: 2142

Re: 401k Investment options

I always like to read updates from people asking questions so I thought I would post one at the year mark. Things have changed dramatically at work and we have lost several people and have been unable to find more full timers to take the job so we got a considerable raise in the fall. I now make 200...
by Aku09
Sat Dec 21, 2019 8:51 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 896
Views: 150858

Re: High Earners - What's Your Profession?

I am a nurse anesthetist. Make 200k plus benefits. Work 40-50 hours a week on average although there are some that are 60-70 hour weeks. Fair amount of working in the middle of the night or even 24 hours straight.
by Aku09
Sun Dec 08, 2019 3:06 pm
Forum: Personal Consumer Issues
Topic: Career paths & prospects in field of therapy?
Replies: 20
Views: 1146

Re: Career paths & prospects in field of therapy?

I have a friends wife who actually completed her doctorate in psychology about 3 years ago. I think she makes around 80k and has north of 200k in student loans. Had to do some traveling to clinical rotations that were a year or more each in areas. Personally for the income it isn’t worth the debt bu...
by Aku09
Thu Oct 24, 2019 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Variable interest rate for student loans
Replies: 3
Views: 391

Re: Variable interest rate for student loans

Thank you. It is based on the LIBOR 1 month and I was told it can change monthly. On the lender website it says the cap is 8.95%. When I called asking about how often it changed and such the lady told me the cap was actually 4.8% because of my starting loan rate of 2.05%. Nowhere have I seen that on...
by Aku09
Wed Oct 23, 2019 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Variable interest rate for student loans
Replies: 3
Views: 391

Variable interest rate for student loans

Currently have a 3.39% fixed 5 year student loan with a balance of 87k. I have been offered to refinance to a variable at 2.05% for a 5 year with another company. Regardless of the loan I will pay 3k a month towards balance. Shouldn’t take more than 2.5 years to pay off in full and I hope to have it...
by Aku09
Tue Sep 17, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: How do you spend money to gain time? (young family)
Replies: 155
Views: 12372

Re: How do you spend money to gain time? (young family)

We pay someone to mow our yard ($70 week) and about 6 months ago hired someone to clean our house once a week ($75 each time). It’s a decent chunk of money each month, but my schedule is unpredictable (I work in healthcare and have several late nights and weekends). It’s nice coming home to a clean ...
by Aku09
Thu Sep 05, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 36- Finance to Nursing/PA?
Replies: 40
Views: 4156

Re: Career change at 36- Finance to Nursing/PA?

Something else to keep in mind is the schedule. There are no “holidays” in healthcare. You will be expected to work weekends, holidays, etc. having little kids that can be tough as you may be stuck at work all day.
by Aku09
Thu Sep 05, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Career change at 36- Finance to Nursing/PA?
Replies: 40
Views: 4156

Re: Career change at 36- Finance to Nursing/PA?

I am a nurse anesthesiologist and can answer any questions you have about that route. I will say as a new grad RN in my somewhat rural area pays a little over $20 an hour for work. I worked nights and made an extra $3.50 an hour for my gross salary to be around $45-50k a year. If you live in Califor...
by Aku09
Wed Sep 04, 2019 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you receive out-of-sequence pay bumps?
Replies: 56
Views: 3589

Re: How often do you receive out-of-sequence pay bumps?

Been in my first “real job” since grad school a little over 3 years. Actually took a pay cut about 1.5 years ago as they restructured our package (increased our salary and decreased benefits) with a net loss of several thousand dollars. Have lost several employees this year with not a lot of interes...
by Aku09
Sat Aug 31, 2019 9:34 am
Forum: Personal Consumer Issues
Topic: Any Happy DVC owners here? [Disney Vacation Club]
Replies: 63
Views: 6346

Re: Any Happy DVC owners here?

I am not a DVC owner, but have had the same questions as you so I’m curious if there is anyone who is happy with their long term decision. I have gone to Disney as a kid, with just my wife and I, and with my family of 3 children. I enjoy it every way. I’m not in a position financially to purchase it...
by Aku09
Wed Aug 21, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Are there advantages to being married to a teacher?
Replies: 111
Views: 7870

Re: Are there advantages to being married to a teacher?

My wife is an elementary teacher in a very rural school district. Salary (35k) and benefits are terrible, but she wanted to go back to teacher after being a SAHM for years and that was the only opening she could find. She commutes about 45 minutes each way to work out of state which is a toll on her...
by Aku09
Tue Aug 13, 2019 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford (Another One...) and Rent vs Buy decision
Replies: 12
Views: 1481

Re: How much house can we afford (Another One...) and Rent vs Buy decision

With the huge variation in income due to bonuses I would be a bit more leery of jumping into a large mortgage as other posters have said. I would try to afford a home based on your salaries only (even though I know its hard). You have a pretty large amount of liquid assets. Are you looking to spend ...
by Aku09
Fri Aug 09, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: NP degree worth the investment?
Replies: 62
Views: 6018

Re: NP degree worth the investment?

70k isn’t that bad for tuition. A little high yes, but not unreasonable. It’s 3 years of tuition at the doctorate level. I went to the cheapest state school there was and my tuition was around 50k for 3 years. Every other school was considerably more. Plus they may have to take out loans to help pay...
by Aku09
Fri Aug 09, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: NP degree worth the investment?
Replies: 62
Views: 6018

Re: NP degree worth the investment?

I’d say go for it. She is young enough now that she would certainly see return in her investment. Generally hours for NPs are better than those of an RN. Instead of working 12s and nights and holidays I would say there are many more opportunities for working a somewhat normal M-F 8-5 job. That would...
by Aku09
Fri Aug 09, 2019 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Unlimited Paid Time Off ("PTO") and Sick Time: cui bono and how does it work?
Replies: 21
Views: 2478

Re: Unlimited Paid Time Off ("PTO") and Sick Time: cui bono and how does it work?

I agree that unlimited PTO sounds great, but for me personally I would always feel judged on the amount of time I take off and would then take less than I otherwise would have. I’m guessing that is what these corporations are banking on. I work in healthcare and unlimited PTO would not be practical ...
by Aku09
Tue Jul 23, 2019 5:15 pm
Forum: Personal Investments
Topic: Can we afford $600k home?
Replies: 98
Views: 7657

Re: Can we afford $600k home?

Income: Husband‘s 130k-140k, not considering wife’s as wife is working part time and probably will raise kids full time for few years. I assume we can get mortgage with no PMI with 10% downpayment. Can we afford $600k home? Those aren't numbers I'd be comfortable with. Even more so on just one inco...
by Aku09
Tue Jul 23, 2019 3:42 pm
Forum: Personal Investments
Topic: Can we afford $600k home?
Replies: 98
Views: 7657

Re: Can we afford $600k home?

I don’t believe you can do a traditional mortgage with less than 20% down and no PMI. I did 0% down and no PMI using a VA loan about 3 years ago. I’d say 600k is too much of a stretch. You will be house poor. What is your rent now? My mortgage is 300k and with escrow for taxes and insurance my payme...
by Aku09
Mon Jul 22, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: HSAs savings vs investment accounts and best HSA administrators
Replies: 15
Views: 1298

Re: HSAs savings vs investment accounts and best HSA administrators

I have BenefitWallet through my employer. No issues really. They sent me a debit card and I’ve never had a problem using it. Fees for us are $2.90 a month for the hsa and an extra $2.90 a month for the investment portion if you want to use it. Honestly it has lower fees than my 401k and has vitsx so...
by Aku09
Sun Jul 21, 2019 8:38 pm
Forum: Personal Consumer Issues
Topic: Car Leasing Question
Replies: 22
Views: 1799

Re: Car Leasing Question

I just leased my first vehicle in December so I struggled with this same question. I didn’t need a brand new vehicle, but I did need a newer one (had an 15 year old one that was starting to have lots of problems). Do a lot of research as there are some brands that lease much better than others. I wa...
by Aku09
Mon Jul 15, 2019 10:52 pm
Forum: Personal Investments
Topic: Teacher 403B Plans
Replies: 31
Views: 2853

Re: Teacher 403B Plans

I believe the 403b is the only option she has to her. At least that’s the only option she has been presented with. It’s a very small and rural district.
by Aku09
Mon Jul 15, 2019 10:38 pm
Forum: Personal Investments
Topic: Teacher 403B Plans
Replies: 31
Views: 2853

Re: Teacher 403B Plans

So are you able to choose any vendor and set up your own 403b plan if you don’t like what your school district offers? My wife just went back to teaching last year for a very small school district. At the end of the year the only option they gave her was a 403b with American fidelity utilizing varia...
by Aku09
Wed Jun 12, 2019 8:57 pm
Forum: Personal Consumer Issues
Topic: 40+% increase in auto policy (GEICO) - normal?
Replies: 74
Views: 5708

Re: 40+% increase in auto policy (GEICO) - normal?

I switched to Geico from USAA about 2 years ago almost cutting my rate in half. Every 6 months since then my policy has increased in average 10%. No accidents or tickets. I have shopped it around, but it is still the lowest. On a side note my wife was rear ended a couple months ago and we got our re...
by Aku09
Wed Jun 12, 2019 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: How much is your guys’ fees for your 401k?
Replies: 96
Views: 6500

Re: How much is your guys’ fees for your 401k?

I pay 0.6% (outrageous I know). Small independent healthcare group of less than 20 employees although we all are high earners (>100k). Divided quarterly as 0.15% balance. We use Empower Retirement.
by Aku09
Mon May 27, 2019 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching jobs
Replies: 79
Views: 5352

Re: Teaching jobs

Teaching is a tough field to get a job in. My wife is a teacher and just went back into the field after being a stay at home mom for several years. First year she applied for several spots and didn’t even get an interview. Took a couple of online masters courses (still has her bachelors) and applied...
by Aku09
Sat Mar 23, 2019 6:22 pm
Forum: Personal Consumer Issues
Topic: Lease a car or buy a car
Replies: 49
Views: 4183

Re: Lease a car or buy a car

As a general rule of thumb a good lease is the monthly payment equivalent to 1% msrp of the car (ie 50k car monthly payment $500 or less). There are several lease forums (I use leasehackr) that can give you advice on specific deals as some cars lease better than others. Rebates/incentives constantly...