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life in slices

I also believe you can call them to opt-out of these emails from them

life in slices

My goto shoes for hiking For smaller mountains, I use Merrell Men's Trail Glove 4 Runner https://www.amazon.com/gp/product/B07D5PX89X/ super comfortable, have a great grip and don't cause blisters, etc. I probably use these more often - caveat is they are not waterproof, don't have ankle support and...

life in slices

https://www.washingtonpost.com/lifestyle/on-parenting/you-can-now-use-a-529-to-pay-for-k-12-tuition--so-should-you/2018/02/27/885fb5a4-1aff-11e8-9de1-147dd2df3829_story.html?noredirect=on&utm_term=.1ee6cca9ffa5 Under the new law, starting with the 2018 tax year, you can withdraw $10,000 per student ...

life in slices

One option for future large payments is to send it certified which is something like $3-4 extra. It will let you know where it is (at least its last location) and when it was delivered

life in slices

Nearing 55 and... 1) Got one of my children to open a Roth IRA.....the first step to next generation financial independence. He did so at age of 20 while still an undergrad. Next milestone is another child to do same. 2) Made last term life payment. 3) Making last undergrad tuition payment next mon...

life in slices

I use FSKAK (Fidelity Total Market) and FTIHX (Fidelity Total International)

0.02% and 0.06% ER respectively

life in slices

I would at a minimum, if you are going to keep > 10K in cash (emergency fund, etc.) in savings, open an online hi-yield savings account like Ally or Capital 360 - they yield in the range of 2.0-2.2% ETA: is job #2 a self-employed business? If so, you could open a solo-401k/roth solo-401k Also wanted...

life in slices

I look at both total net worth with home value in it and 'liquid net worth' (investments and cash) only and track the growth of both I don't think there is an issue in including the equity in your house in your net worth - it has tangible value (and your mortgage would be in the liability column any...

life in slices

Thought I would post an update for y’all. I received a couple of letters from my lender thanking me for my business, letting me know that my loan was paid off and my account closed. Last week i received a letter containing a “substitution of trustee & deed of reconveyance.” It contains a ton of wor...

life in slices

I really enjoyed "The Myth of Capitalism: Monopolies and the Death of Competition" by Johnathan Tepper

Maybe provocative but I like reading things that expand/challenge my thinking

Gives insight into ongoing consolidation in the US and Globally that has been having an impact on prices, wages, etc.

life in slices

I did most of my latter refis with just myself on the mortgage; IMO it was easier as only one of us had to go to the signing. Never had any issues.

life in slices

Congrats - Beautiful car!

life in slices

It's going to depend on the rental car company and their policies

For example - Hertz allows for 18 year olds to drive certain cars with a $52/day surcharge
https://www.hertz.com/rentacar/reservat ... OAG=LGAT01

life in slices

I found this article that may be of help
https://thefinancebuff.com/rollover-aft ... 9-1-2.html

life in slices

For those Gluten free people...

I make great tortillas out of Otto's cassava flour and usually toast them either on the grill

yum!

life in slices

Great thread to read through as i have seen lots of the same over the years i have been in sales most of my life and the big red flags for me that had me jump ship before layoffs and cuts: 1. Management started to suggest unethical behavior (side deals, bribery, etc.) 2. Management suggested activit...

life in slices

I have always done my taxes, even with multiple W-2s, 1099 from side jobs, investments including ISOs, RSUs, ESPPS, etc., and haven't found it too challenging or scary to do it. I have used TurboTax for the last decade (or two perhaps) to do my taxes- but I always hand-check everything to confirm th...

life in slices

I was advised to wait 30+ days as a matter of protocol? By whom? There is no reason to do that. Once the funds have settled they can be converted. Cheers Somoene mentioned the IRS step transaction doctrine and said it is safer to keep over 30 days between these. Although it does not make a lot of s...

life in slices

I posted a few months back about leaving EJ, which I did for Schwab. On to brighter paths. Obviously steering towards index funds. Below are the fund options for my work 401k. I was in Oanmx, TBCIX, IINCX (for international) and VSEQX. 12 percent contribution + (4 percent match from work) I'm 40 ye...

life in slices

Hi all So I have a 401k through work and I max out all possible pretax retirement contributions there. However I just opened a tIRA with Vanguard and put $6000 into it, moved from other money I have in my regular brokerage account, so post tax. My understanding is this is allowed up to that $6000 l...

life in slices

8foot7 wrote: ↑
Sun Jun 16, 2019 2:44 pm
The whole “re-interview for your own job” is a farce I refuse to go through. You know me and what I can do. If you ask me to apply for my own job again I’ll decline and go apply elsewhere. It’s just a sign of stupider things to come.

The same - I can be disrespected on my own time.

life in slices

I started my back door Roth at Fidelity last year and just did my second year's worth of contribution last week Deposited into settlement fund Took 5 days to clear Transferred to Roth IRA invested into desired funds I think last year in the time it took for the deposit to clear generated 0.41 intere...

life in slices

2. Do I have to roll all existing pre-tax IRAs into the 401k plan? I have read that, but I feel like that shouldn't matter because I am not trying to do a Roth conversion from pre-tax accounts right now. Even if I did want to do that, and waited till I have a low income year (I am only 41), such as...

life in slices

Started with "Ing Orange" in 2004,now cap 360 Never looked around, Just pleased. :happy The same - think I signed up for ING direct in 2001 and the rates have been some of the best along the way, so I never really looked elsewhere either (but maybe missed out on some of the transfer bonus money). H...

life in slices

I suggest that you not get into this too quickly. Many people mess it up and unwinding it can be long and unpleasant. Read everything you can on the back door. There are hundreds of threads available here. Also read at least 20 threads on how people have messed it up. And finally, figure out the pa...

life in slices

Paid over $700 last year, and it makes me mad every time I think about it, and this year it will be more, and more and more. I work for a small company of about 50 people, 38 are active in the 401, ADP is the 401 provider, we have 4 Mil in assets currently, and ADP uses an advisor as the middle man...

life in slices

PersianRugs wrote: ↑
Wed Jun 12, 2019 6:35 pm
I’m not talking expense ratio for funds, just how much you pay per month/year for your 401k account.

Mine is $2.50 a month, not sure if that’s cheep or expensive or pretty normal. It doesn’t really sound expensive

$56/year paid quarterly at Fidelity

life in slices

roadnottaken wrote: ↑
Wed Jun 12, 2019 1:34 pm
Thanks, can you do them at the same time (i.e. same day)?

No issues

$6K into your IRA and $6K into your wife's IRA

When the deposit clears and is available for conversion - covert your IRA over to your Roth IRA then convert your wife's IRA to her Roth IRA

Good luck!

life in slices

Long story short, during the interview phase my new employer said they offered a Mega Back Door Roth. Now that the dust is settled, it appears no one in the HR department really knows what that means or how to set it up. They keep saying "we offer after tax contributions with a roth in plan convers...

life in slices

I moved to a tankless about 7 years ago and it has been great with the large family we have The only drawback is that it has to push all of the cold water out ahead of it, so it takes a bit longer for hot water to hit the shower, etc (read about 'cold water gap') I think it was in the $2-3K installe...

life in slices

What I normally do (since I travel with a kid as well) is drop off my wife / kid / luggage at the main terminal and then go to park the car. Adds a few more minutes, but saves the hassle of trying to maneuver around the airport, with luggage/kids/etc. In theory, your wife can check in when you drop...

life in slices

GF now eligible for 401K through work, but the choices are limited. Looks like everything is through American Funds. Employer matches up to 3% so want to take advantage of that, but something doesn't make sense. When I look up the expense ratio of the 2030 Target Dated Fund on the AF website, it is...

life in slices

I have 2 yr and 3 yr CDs at Capital 360 - no worries on my end

life in slices

I am in MA and remember having a similar option before me when we started saving for our kids education I don't have a detailed analysis, but why I used 529s from a basic level was: 1. More options - it allows my kids to attend schools out of MA - it is pretty restrictive in having savings limited t...

life in slices

Hi BHs A commonly recommended re-balancing strategy is to re-balance major asset classes once they exceed +/- 5% of one’s target. When this occurs during accumulation years (where on-going new contributions can help stabilize the %’s), it’s usually b/c the market is either rapidly rising or rapidly...

life in slices

Here is a good summary of ESPP programs and selling shares: https://us.etrade.com/knowledge/library/stock-plans/employee-stock-purchase-plan I would reach out to your company's finance dept or the person managing the plan for clarification. Those statements in your plan see pretty restrictive and do...

life in slices

Unsolicited offer? I would be vary of something like that (unless it was in response to an ad you placed)

I guess it comes down to deciding your pain tolerance for holding them vs. selling them. If you don't see them having any value to you in the future, I would cut bait and sell them.

life in slices

Odds are she won't have the loan for 30 years. How long will it take to break even in each case, and is she likely to keep the loan that long? Taxes used to matter quite a bit in this comparison, but less so nowadays when the points have to be amortized over 30 years and the people mostly aren't ta...

life in slices

Just my take in a different direction - Make sure that you have enough liquidity to weather any unexpected hurdles/issues that life may throw at you About 15 years ago when moving to the Boston area from NJ we had our current house and our new house under agreement and looked to align closing dates ...

life in slices

I have been investing for almost 20-25 years now; I have pulled money out of the market or kept it on the sideline waiting in response to what i thought was pending dropping markets. In most cases I was wrong and missed decent upside (this was all during my early years when I was learning) Markets w...

life in slices

Been there - insurance cost can be overwhelming Hopefully on your end the deductions are pre-tax to take some of the bite away Off the top of my head, If you are healthy, see if there is a catastrophic coverage option (coving only for hospitals or serious things - everything else out of pocket) - it...

life in slices

First congrats on where you at 37!

If you are burnt out, maybe take a year off to decompress and re-evaluate? You may find yourself wanting to get back in in something the same or completely different.

life in slices

The Wizard wrote: ↑
Tue Jun 04, 2019 1:05 pm
Boston and Cambridge qualify.
I live 15 miles away now, but I'll be strolling about for two games at Fenway Park this coming weekend...

I am a little bit farther out from Boston, but lots of great neighborhoods in the area
- South Boston
- North End
- Harvard Square
- Back Bay

life in slices

1. Still contribute to 401k or other retirement plans up to max 2. Do Roth IRA (back door Roth) as well. 3. No more brokerage account additions. 4. Minimize expenses where you can 5. Pay any amount left to the loans. If you want to look at loan refinancing, the one company that I heard and now see ...

life in slices

Silk McCue wrote: ↑
Tue Jun 04, 2019 12:03 pm
Life in slices nailed the answer.

Once you are 70.5 you can make Qualified Charitable Distributions from an IRA (not 401k) and pay zero taxes on that up to $100k per year.

Cheers

Great point!

life in slices

How do you pay taxes on a tax deferred 401k account? Let's say you're in the highest tax bracket at retirement and continue to be there in retirement. What would the tax rate be for your 401k account (Assume current tax rates)? Would both the principle and the capital-gain be taxed at the highest t...

life in slices

With high yield savings account in the 2.1% range, do brokerage MM or treasury funds give better returns (sorry for the noob question)

What is the BH consensus for where to park emergency funds?

life in slices

Has she specifically said it was because she thought you were poor? More likely it might for other reasons - were you kind to her, made a connection? Most likely because she recognizes you as a long term consistent customer and is thankful for your business? At the end of the day - you pointed it ou...

life in slices

Yep - as fabdog says above, in negotiation both sides need to identify their BATNA (best alternative to no agreement) - Theirs is whether they have other people lined up to do that work at the price they offered; yours would be walk away because you have higher paying options available to you. Who e...

life in slices

I didn't take a pay cut, but changed into a career where my top earning potential is 1/2 - 1/3 of the previous career. I know if I had stayed in my previous career I'd be making six figures at this point in my life and probably be like most of the posters here, worrying about how I can't find an ac...

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