Search found 60 matches

by tigers174
Tue Feb 02, 2021 11:07 am
Forum: Personal Investments
Topic: 401(K) and Roth 401(k) Co-mingled in Plan
Replies: 10
Views: 507

Re: 401(K) and Roth 401(k) Co-mingled in Plan

We have the same issue with my employer. It is a big fortune 500 company w/ a very good plan which allows in-service rollover, etc. The custodian is Fidelity (if it matters). I can see the balance for Roth vs Traditional contributions as separate amounts but they are co-mingled. There is no way to ...
by tigers174
Tue Jan 05, 2021 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Got my stimulus check, how about you?
Replies: 212
Views: 15837

Re: Got my stimulus check, how about you?

see below for better answer
by tigers174
Mon Jan 04, 2021 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Got my stimulus check, how about you?
Replies: 212
Views: 15837

Re: Got my stimulus check, how about you?

Got our $3000 today and sent it to my Roth IRA.
by tigers174
Fri Jan 01, 2021 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2475
Views: 563960

Re: Share your net worth progression

Fun to see a similar path. 39, 3 boys under 6, about the same combined salary. We have more NW in real estate, have a 70/30 AA and aim for a 25-30% savings rate. You appear to have about $200k more and I'm curious as to your AA and savings rate if you'd like to share. Until the last 2 years, we've ...
by tigers174
Thu Dec 31, 2020 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2475
Views: 563960

Re: Share your net worth progression

Started working in 2005, currently 37, married with 3 girls under 8. Salary ~$120k. Investments 2011 - $118K 2012 - $165k (wife became STAH mom) 2013 - $235k 2014 - $289k 2015 - $315k 2016 - $434k 2017 - $544k 2018 - $543k 2019 - $720k (plus $133k principal in our house, $63k in 529s, $75k in saving...
by tigers174
Wed Dec 09, 2020 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Financial steps to take before being laid off?
Replies: 38
Views: 3763

Re: Financial steps to take before being laid off?

Why do you need daycare when wife is laid off? Note, you will not be able to get the tax credit or use DCFSA. Maxing her 401k is a good idea. We did give this some significant thought. It was more so for our son’s social interaction than it was for outright expense cutting. We don’t want him sittin...
by tigers174
Thu Nov 19, 2020 2:01 pm
Forum: Investing - Theory, News & General
Topic: New Trend? Contribute only up to your match on 401k?
Replies: 79
Views: 5782

Re: New Trend? Contribute only up to your match on 401k?

Is it stuck as aftertax? Or does your plan allow you to do an in-plan Roth conversion of the aftertax money? If it is stuck as aftertax, and you think you might stay for any substantial amount of time, then its a challenge to decide what is better, but i'd lean towards taxable. If you can convert i...
by tigers174
Thu Nov 19, 2020 1:56 pm
Forum: Investing - Theory, News & General
Topic: New Trend? Contribute only up to your match on 401k?
Replies: 79
Views: 5782

Re: New Trend? Contribute only up to your match on 401k?

Is it stuck as aftertax? Or does your plan allow you to do an in-plan Roth conversion of the aftertax money? If it is stuck as aftertax, and you think you might stay for any substantial amount of time, then its a challenge to decide what is better, but i'd lean towards taxable. If you can convert i...
by tigers174
Thu Nov 19, 2020 1:47 pm
Forum: Investing - Theory, News & General
Topic: New Trend? Contribute only up to your match on 401k?
Replies: 79
Views: 5782

Re: New Trend? Contribute only up to your match on 401k?

After 4 should it be mega backdoor roth or taxable? I'm currently splitting a couple percent to each. I personally prioritized MBR before taxable. the aftertax contributions to the MBR (the part that has no gains) have no penalty for withdrawal (subject to ordering rules, which could have penalties...
by tigers174
Thu Nov 19, 2020 1:41 pm
Forum: Investing - Theory, News & General
Topic: New Trend? Contribute only up to your match on 401k?
Replies: 79
Views: 5782

Re: New Trend? Contribute only up to your match on 401k?

It's a reasonable strategy, but it could certainly be tweaked. If they have an HSA, that should very likely be maxed out before the Roth IRA due to the triple-tax advantaged vs. the Roth's double-tax advantage. But even with that tweak, it's certainly possible that good planning can lead to a bette...
by tigers174
Fri Oct 30, 2020 10:03 pm
Forum: Personal Investments
Topic: Hit 2M, at 38, should I retire?
Replies: 106
Views: 16041

Re: Hit 2M, at 38, should I retire?

I’m most impressed with the fact that you can live on 20k/yr in the US. Care to share any details? Not difficult. If someone had a paid off house and paid off car and low property taxes. Annual budget would probably look something like: = Property Taxes: $2500 = HO Insurance: $800 = Utilities: $180...
by tigers174
Mon May 18, 2020 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 5028

Re: How did you determine your target savings rate?

Hello all, I'm re-evaluating some thoughts about how much of my income I've been saving. I'm not going to claim I've been pinching pennies, but I definitely spend below the average of my peers, and I feel like my aversion to spending money may be affecting my quality of life. I never hire someone t...
by tigers174
Sat May 16, 2020 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Income about to be halved - what do we do?
Replies: 62
Views: 7974

Re: Income about to be halved - what do we do?

notmyhand wrote: Sat May 16, 2020 12:26 pm -Mtg (P&I) - 2300 (3.75% on 15 year, property does not qualify for conventional loan so can't take advantage of the super low rates)
I just refinanced my farm loan through AgSouth for 3.25%. I think it's lower now, so you may be able to get lower rates.
by tigers174
Sat May 16, 2020 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Companies that have a pension and 401k?
Replies: 63
Views: 3747

Re: Companies that have a pension and 401k?

I am familiar with a few companies in the midstream energy and public utility sectors that have both a cash balance pension plan that the company alone contributes to, plus a 401k with a match. New hires are eligible for both. I have this but they stopped the cash balance for new hires a few years ...
by tigers174
Thu Apr 30, 2020 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10047
Views: 708728

Re: Refinance Mega Thread

Closed today on a refinance for our small farm mortgage. Went from 4.25% to 3.25%. Kept it at 30 years, but the mortgage after escrow dropped from $1220 to $1020.

Being a farm we were basically stuck with 1 lender, so I'm happy.
by tigers174
Wed Apr 29, 2020 11:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 13204
Views: 1018890

Re: U.S. stocks continue to soar!

I am not a market timer and never have been, but if I ever was to attempt, I can't imagine a more tempting time than now. The country is shut down, earnings are going to be awful, we're very likely in a recession, unemployment is 17% or maybe higher, we are seeing resurgence in virus cases when oth...
by tigers174
Fri Apr 24, 2020 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Best Covid19 resistant job
Replies: 154
Views: 10113

Re: Best Covid19 resistant job

I'm a technician in power production, have been working 72 hour weeks throughout the crisis. Spring and Fall are nuclear power plant outage seasons. I've been doing these shifts for about 2 months. Only difference has been wearing masks, awkwardly distancing and avoiding contact with each other. Th...
by tigers174
Fri Apr 24, 2020 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Best Covid19 resistant job
Replies: 154
Views: 10113

Re: Best Covid19 resistant job

I'm a technician in power production, have been working 72 hour weeks throughout the crisis. Spring and Fall are nuclear power plant outage seasons. I've been doing these shifts for about 2 months. Only difference has been wearing masks, awkwardly distancing and avoiding contact with each other. Th...
by tigers174
Mon Apr 06, 2020 10:47 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4089
Views: 324575

Re: Coronavirus and the market

I believe that the market is digesting in the updated IHME Covid-19 model, which is causing the upward movement today in the market . The model has dramatically reduced the expectations of hospitalizations, ICU stays, ventilators needed and deaths due to the virus. Very interested in New York state...
by tigers174
Mon Apr 06, 2020 9:50 am
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 17234

Re: What percentage of your paycheck do you invest?

Last year we managed to save ~45% on a single income family of 5. For this number I include 401k matching and the company cash balance contributions (6%). This covered maxing the 401k, 2 Roths, and HSA and some to 3 529s. I should be about there this year as well. This is on <$150k income. Historica...
by tigers174
Mon Apr 06, 2020 9:45 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4089
Views: 324575

Re: Coronavirus and the market

I believe that the market is digesting in the updated IHME Covid-19 model, which is causing the upward movement today in the market . The model has dramatically reduced the expectations of hospitalizations, ICU stays, ventilators needed and deaths due to the virus. Very interested in New York state...
by tigers174
Wed Apr 01, 2020 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2475
Views: 563960

Re: Share your net worth progression

Keenobserver wrote: Wed Apr 01, 2020 4:13 pm Wow this thread really died out.
Most people calculate their net worth once a year, usually towards the end of the year.
by tigers174
Wed Apr 01, 2020 11:51 am
Forum: Investing - Theory, News & General
Topic: Post Coronavirus economy and investing philosophy
Replies: 11
Views: 1385

Re: Post Coronavirus economy and investing philosophy

Should the impact of the coronavirus stimulus and the hit on tax revenues be considered for an increase in future taxes? Mostly towards the decision between pre-tax and Roth savings for now while tax brackets are lower.
by tigers174
Fri Mar 27, 2020 4:54 pm
Forum: Investing - Theory, News & General
Topic: [CARES Act] Overview
Replies: 98
Views: 6880

Re: President Trump Signs Coronavirus Economic Relief Bill

does one have to have earned income to get the $1200? meaning, for people already on some form of economic/public assistance and have no job to lose like the rest of us, would that still qualify? Would most people who are receiving Social Security retirement and disability payments each month also ...
by tigers174
Fri Mar 20, 2020 7:54 pm
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 56874

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

I haven’t been impacted and don’t expect to be so thankful for that.Was already WFH 3 days a week so the transition has not been to challenging. Some of our management was very skeptical about it when they started letting everyone WFH a 2-3 days a week a few years back but in hindsight it really pu...
by tigers174
Thu Mar 19, 2020 7:57 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4089
Views: 324575

Re: Coronavirus and the market

Senate Republicans release massive economic stimulus bill for coronavirus response https://www.washingtonpost.com/business/2020/03/19/trump-coronavirus-economic-plan-stimulus/ According to that article, the stimulus checks will have a phase-out based on your 2018 AMT. So, I guess, like 2008, the pl...
by tigers174
Thu Mar 19, 2020 7:42 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22133
Views: 2947346

Re: U.S. stocks in free fall

dukeblue219 wrote: Thu Mar 19, 2020 7:36 am Jobless claims are out: just 281k? I'm surprised.
The question is when did the data stop being taken?
by tigers174
Tue Mar 17, 2020 8:18 pm
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 56874

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

Engineer in power production. All non-essential personnel are work from home.
by tigers174
Sun Mar 08, 2020 9:16 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 199918

Re: Bogleheads community discussion - Coronavirus

Indian Wells tennis tournament has been cancelled. It's just below the grand slams in stature. May see the Master's cancelled.
by tigers174
Sun Mar 08, 2020 7:00 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 199918

Re: Bogleheads community discussion - Coronavirus

Here's a non-peer reviewed report on the effectiveness of tocilizumab (Actemra) for COVID19. It's usually used for rheumatoid arthritis.

https://twitter.com/julienpotet/status/ ... 16384?s=20
by tigers174
Sun Feb 23, 2020 8:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22133
Views: 2947346

Re: U.S. stocks in free fall

Lee_WSP wrote: Sun Feb 23, 2020 7:52 pm Some not so good Bogle heads are in upro which will decline by 4.5% tomorrow
That's when you invest in SPXS or TECS.
by tigers174
Fri Feb 21, 2020 1:57 pm
Forum: Personal Investments
Topic: HSA/401k/Roth question
Replies: 21
Views: 1053

Re: HSA/401k/Roth question

Your calculations are all correct, except the red portion, since Roth IRA contributions do not reduce the gross income. The $123451 figure would be the final figure, so you have no way to reduce it further into the 12% bracket. Since it also more than $123k, you could not have made a Traditional IR...
by tigers174
Fri Feb 21, 2020 1:46 pm
Forum: Personal Investments
Topic: HSA/401k/Roth question
Replies: 21
Views: 1053

Re: HSA/401k/Roth question

All I can say is wow and thank you from myself and from my family. Thank you for taking time out of your schedule to teach in such a structured way. So I pulled in the actual numbers from me and my wife's 2019 W2. Both of our income adds up to $162,751. So if we max our 401k in 2019 : $19,000 * 2= ...
by tigers174
Thu Feb 20, 2020 4:55 pm
Forum: Personal Investments
Topic: HSA/401k/Roth question
Replies: 21
Views: 1053

Re: HSA/401k/Roth question

Thank you so much for the reply. Our total household taxable income is $155k, so does that mean it doesnt matter if it is traditional or Roth 401k? I'm similar to you, with a projected income around $150k but 3 kids (but only 1 working parent). I made the below for myself but I modified everything ...
by tigers174
Thu Feb 20, 2020 2:23 pm
Forum: Personal Investments
Topic: HSA/401k/Roth question
Replies: 21
Views: 1053

Re: HSA/401k/Roth question

The $24,800 standard deduction is tax free and makes the difference.
by tigers174
Fri Feb 14, 2020 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Early inheritance for one - how to equalize disbursement?
Replies: 65
Views: 4376

Re: Early inheritance for one - how to equalize disbursement?

I disagree that it’s fair, but it sure is easy. can you explain what you don't think is fair about this approach? There is a big difference between getting $100K today and $100K in 30 years (just random numbers). At a minimum I would index it for inflation, but that is still an unfair comparison. A...
by tigers174
Thu Feb 13, 2020 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Early inheritance for one - how to equalize disbursement?
Replies: 65
Views: 4376

Re: Early inheritance for one - how to equalize disbursement?

I'd look at what percent of the total portfolio was given to the one person. Take that out of 33.3% and the remainder is what they get as inheritance.
by tigers174
Mon Feb 03, 2020 8:26 pm
Forum: Investing - Theory, News & General
Topic: Tesla Stock
Replies: 301
Views: 17207

Re: Tesla Stock

This guy has $45k in 2021 $450 calls in his Roth IRA currently worth about $1.45 million.

https://www.reddit.com/r/wallstreetbets ... erm=ey9ekr
by tigers174
Thu Jan 23, 2020 6:34 am
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 45093

Re: Engineers - What are you making? ($$$)

Reddit is doing something similar right now to compile the data that has the average lower pay that's been discussed here.

https://www.reddit.com/r/AskEngineers/c ... urce=share
by tigers174
Thu Jan 16, 2020 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 45093

Re: Engineers - What are you making?

I'm a Mechanical Engineer (Bachelor's), PE, 15 years making $120,000, 15% bonus, in a VLCOL area. I work at a power plant, usually 40 hours a week, and around 50 during outages. Other benefits are a 6% 401k match, 6% into a cash balance plan, and $1200 matching to the HSA. I'm comfortable where I am...
by tigers174
Wed Jan 01, 2020 10:40 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3482
Views: 579098

Re: What are you up YTD? [Year To Date]

FoolMeOnce wrote: Wed Jan 01, 2020 10:37 am Thanks. I might have to look on a PC; can't find that in the app.
Yeah, I can only view it on the website, not the app.
by tigers174
Wed Jan 01, 2020 10:18 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3482
Views: 579098

Re: What are you up YTD? [Year To Date]

26.71% per Personal Capital How do you find performance on Personal Capital? Does the You Index account for withdrawals and deposits like an XIRR function, or is it the total growth of your portfolio (including income regularly added to checking account being tracked)? Or is it the performance over...
by tigers174
Wed Jan 01, 2020 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2475
Views: 563960

Re: Share your net worth progression

From what I've tracked on retirement savings, end of the year numbers: Started working in 2005, currently 36, married with 3 girls under 7 2011 - $118K 2012 - $165k (wife became STAH mom) 2013 - $235k 2014 - $289k 2015 - $315k 2016 - $434k 2017 - $544k 2018 - $543k 2019 - $720k (plus $133k principa...
by tigers174
Mon Dec 30, 2019 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: How much were you able to save this year?
Replies: 142
Views: 11429

Re: How much were you able to save this year?

About 45% of a $135k income spread between 401k, HSA, Roths, and 529s. Have a SAHM and 3 kids.
by tigers174
Fri Dec 20, 2019 9:37 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3482
Views: 579098

Re: What are you up YTD? [Year To Date]

26.71% per Personal Capital
by tigers174
Mon Oct 14, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone want to share their monthly budget? Here's ours
Replies: 153
Views: 35700

Re: Anyone want to share their monthly budget? Here's ours

I find it interesting that most responders are singles or couples with no kids. The rest of us are too busy to budget or don't really want to know. :mrgreen: Married, single income, 3 kids under 7. Monthly take home after taxes, 401k, etc. = $6,600 Mortgage - $1250 Utilities (power, gas, water, int...
by tigers174
Wed Sep 18, 2019 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads in Oil and Gas?
Replies: 38
Views: 3584

Re: Bogleheads in Oil and Gas?

I'm not in oil and gas, but in nuclear. When I started 15 years ago it was stable, but now financial pressures have started closing plants and there are questions of how long the existing plants will be service, especially with some of the green new deal proposals. So I've been focusing on saving mo...
by tigers174
Sat Jul 20, 2019 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance for Horse farm
Replies: 5
Views: 575

Re: Insurance for Horse farm

Check to see if your state has an equine law. SC has law 47-9-710 that an equine activity sponsor or an equine professional is not liable for an injury to or the death of a participant resulting from an inherent risk of equine activity. You just have to have a copy of the law posted. You can also ge...
by tigers174
Thu Jun 13, 2019 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2475
Views: 563960

Re: Share your net worth progression

From what I've tracked on retirement savings, end of the year numbers: Started working in 2005, currently 36, married with 3 girls under 7 2011 - $118K 2012 - $165k (wife became STAH mom) 2013 - $235k 2014 - $289k 2015 - $315k 2016 - $434k 2017 - $544k 2018 - $543k 2019 - currently around $600k with...