Search found 153 matches

by Tortoise Banker
Wed Jul 18, 2018 6:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 56375

Re: Seven figure milestone

That's huge! Congrats!
by Tortoise Banker
Mon Jul 16, 2018 2:54 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 56375

Re: Post your Financial Milestone Announcements Here

1st post in a long while... Moved across country to a new job (downgrade in position--went from regional management down to managing a single location) but only took a $9000/yr pay cut. Sold our home, and downgraded slightly there too, so I own a $400k home free and clear now, and the old investment...
by Tortoise Banker
Wed May 11, 2016 2:24 pm
Forum: Personal Consumer Issues
Topic: Renting in Maui
Replies: 22
Views: 4596

Re: Renting in Maui

Napili Villas, Villas at Kahana Ridge, Hale Royale, The Breakers, Opukea, and Hoonanea are all condo developments you could research to see if you can find a rental. These are long-term rental only properties (does not allow short-term vacation rentals) and this typically makes for a better living e...
by Tortoise Banker
Tue Apr 12, 2016 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 60872

Re: Changes to Social Security

Very much appreciated!
by Tortoise Banker
Mon Apr 11, 2016 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 60872

Re: Changes to Social Security

Oblivious: Do the changes impact my Mother's case, which is discussed below? We're hoping to beginning accepting Widow's benefits for my deceased father at her FRA, and she will continue to work until 70 delaying her OWN benefit, as she has very little retirement savings. https://www.bogleheads.org/...
by Tortoise Banker
Thu Dec 10, 2015 9:17 pm
Forum: Investing - Theory, News & General
Topic: Early Retirement?
Replies: 37
Views: 6566

Re: Early Retirement?

Sounds like OMY (one more year) syndrome. Do it.
by Tortoise Banker
Fri Oct 30, 2015 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 60872

Re: Changes to Social Security

That's great re: survivor vs spousal. Called my mom and calmed her down, thanks. She's working right now with 60000 year income (60 years old) so we figured she should apply for survivors benefits because she makes to much. Mistake?
by Tortoise Banker
Fri Oct 30, 2015 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 60872

Re: Changes to Social Security

My Mom is 60, and she is a widow. She called social security a few years ago and said she'd be eligible for $1203/month when she reaches FRA under Spousal Benefit. Her own benefit would be $1660/month at FRA. If she delayed her benefit to 70, she'd be eligible for $2300/month. She has very little sa...
by Tortoise Banker
Tue Oct 20, 2015 4:47 pm
Forum: Local Chapters and Bogleheads Community
Topic: 2015 Bogleheads Conference Message from Jack Bogle
Replies: 29
Views: 6574

Re: 2015 Bogleheads Conference Message from Jack Bogle

Thank you so much Mr. Bogle. You're a fantastic man.
by Tortoise Banker
Tue Oct 13, 2015 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Spending/investment plan for 30's?
Replies: 6
Views: 1262

Re: Spending/investment plan for 30's?

You're on a good trajectory. Try to maintain your high savings rate, as inevitably expenses can rise. If you can manage to "stay the course" and continue maxing tax-advantaged accounts, as well as saving toward an eventual home purchase, it is likely your net worth will grow rapidly. Kudos for getti...
by Tortoise Banker
Wed Oct 07, 2015 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Spending - Early Retirement Calculator/Model
Replies: 3
Views: 850

Spending - Early Retirement Calculator/Model

Anyone find any nice tools to model spending in Early Retirement (i.e. ROTH PIPELINE, Selling Taxable Investments, etc)? I'm early into my career, but hope to retire early in next 12 to 15 years around 45 years old. I'm trying to model what my taxable, roth, and traditional 401k balances will be to ...
by Tortoise Banker
Thu Sep 03, 2015 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: Am I woefully underfunded to retire and should I sell my rentals?
Replies: 42
Views: 5422

Re: Am I woefully underfunded to retire and should I sell my rentals?

"I dont have a lot saved in my 401k (only 50,000) because I foolishly cashed out on it in 2006 when I was laid off for a year."

Despite your intentions, many would have loved to have made this "foolish mistake".
by Tortoise Banker
Fri Aug 28, 2015 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: I have a Confession...Dave Ramsey...Help!
Replies: 70
Views: 11047

Re: I have a Confession...Dave Ramsey...Help!

[quote="Grt2bOutdoors"]Time for a vacation, Meg - seriously. Nothing wrong with listening to Dave, in fact, I use to watch him on cable with callers screaming they were out of debt, but your talking about car debt that is essentially free after inflation - no way would I pay that off, and I absolute...
by Tortoise Banker
Mon Aug 24, 2015 2:13 pm
Forum: Investing - Theory, News & General
Topic: "FEAR" Is Here,...
Replies: 53
Views: 8734

Re: "FEAR" Is Here,...

rebalanced over the weekend as I reached 5% band, really hoping this sell off turns into a bear market so I can put future DCA funds in at low prices!
by Tortoise Banker
Fri Jul 31, 2015 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Priorities
Replies: 91
Views: 15362

Re: Priorities

[quote="protagonist"] I'm usually a rather private person (other than here, only a few of my closest friends know what happened to me). But, in the time that I have frequented this forum, I feel that there is a significant segment of people who post here who, IMHO, are overly obsessed with making mo...
by Tortoise Banker
Thu Jul 23, 2015 8:44 pm
Forum: Investing - Theory, News & General
Topic: Where do you put your cash?
Replies: 73
Views: 13449

Re: Where do you put your cash?

+1 Capital One 360

I like their "sub accounts" feature. Been with them since they were ING. Difference for leaving to Ally, etc. amounts to less than a Cheeseburger a month for me. I'm on a diet, so that works.
by Tortoise Banker
Fri Jul 03, 2015 3:25 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 34974

Re: Emergdoc on Mr. Money Mustache

I like his blog. Based on my family's projected annual spending of $35,000/year (assuming paid off house) his posts have really motivated me to reach financial independence. I probably won't quit my job, because like other posters I like what I do. But I look forward to the day where I can look at M...
by Tortoise Banker
Fri Apr 10, 2015 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: It's Official - We're Done
Replies: 51
Views: 12204

Re: It's Official - We're Done

Wow, what a fantastic feeling that must be!!!
by Tortoise Banker
Tue Mar 24, 2015 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Questions-ROTH IRA Ladder
Replies: 2
Views: 528

Re: Questions-ROTH IRA Ladder

By the way, our current tax brackets are 15% Federal, 7.1% State but we may be bumping up into the next highest tax brackets this year.
by Tortoise Banker
Tue Mar 24, 2015 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Questions-ROTH IRA Ladder
Replies: 2
Views: 528

Questions-ROTH IRA Ladder

Hey Bogleheads, I just sent in the paperwork for a new solo 401k for my wife, and selected ROTH option. I'm wondering if this is the right move for us though (holding all tax rates, etc. constant) when taking into consideration our desire to retire early at 40 or 45. Let's assume we have sufficient ...
by Tortoise Banker
Mon Feb 23, 2015 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: What age do you guys plan to retire?
Replies: 143
Views: 16800

Re: What age do you guys plan to retire?

Financially independent goal: Age 45

Retirement age goal: Not sure, possibly a shift in career/starting a small business sometime after reaching FI.
by Tortoise Banker
Mon Feb 02, 2015 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you contribute max to tax-advantaged before 529?
Replies: 50
Views: 5960

Re: Poll: Do you contribute max to tax-advantaged before 529

@ Livesoft--Thank you so much for your excellent response. I've saved this in a file and will refer back to from time to time as I'll undoubtedly forget. Much appreciated!
by Tortoise Banker
Fri Jan 30, 2015 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you contribute max to tax-advantaged before 529?
Replies: 50
Views: 5960

Re: Poll: Do you contribute max to tax-advantaged before 529

May I ask if it is advisable to assure we first contribute max to 401k/IRA prior to 529? Just curious if there is anything in the Wiki or boglehead gem that might answer this.
by Tortoise Banker
Thu Jan 29, 2015 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you contribute max to tax-advantaged before 529?
Replies: 50
Views: 5960

Re: Poll: Do you contribute max to tax-advantaged before 529

We live in a HCOL area, and my wife just started a new business so I'm not able to max my 401k and she doesn't have one available. I've been able to make it up to around 8000/18000 per year on mine. Eventually I'll start an individual 401k for her once her income ramps up. We do max both ROTH IRAs. ...
by Tortoise Banker
Thu Jan 15, 2015 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance-Is this a good deal
Replies: 7
Views: 723

Re: Refinance-Is this a good deal

These closing costs add up... but wouldn't it still be a good deal if I plan on being in the house at least another 7 to 10 years? Interest saved over 7 years is $8132 and when I deduct points and closing costs ($4,460) I'm still better off by $3,678 over 7 years? Sorry to bother you guys with this,...
by Tortoise Banker
Thu Jan 15, 2015 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance-Is this a good deal
Replies: 7
Views: 723

Re: Refinance-Is this a good deal

I asked, and these are Closing costs.... title, escrow fee, etc.

*edit-this is a 30 year fixed mortgage
by Tortoise Banker
Thu Jan 15, 2015 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance-Is this a good deal
Replies: 7
Views: 723

Refinance-Is this a good deal

Current rate 4.125 initial loan date 9/2013, initial loan amount $184,000 current loan amount $180,000. New rate after refinance: 3.375, loan amount $184,000, origination fee .25 "points." interest over the next 7 years @ 3.375% - $40,332 @ current - $48,470 I plan on staying in the home at least an...
by Tortoise Banker
Tue Jan 13, 2015 2:00 pm
Forum: Investing - Theory, News & General
Topic: We miss Larry Swedroe
Replies: 38
Views: 12837

Re: We miss Larry Swedroe

It is an incredible treat to hear from Larry and the other outstanding authors. Thanks for the update, Mel. Hopefully our "fan thread" will beckon them back.
by Tortoise Banker
Fri Jan 09, 2015 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Saving - 15% PRE or POST Tax
Replies: 15
Views: 2939

Re: Retirement Saving - 15% PRE or POST Tax

Don't limit to 15% if you have the means to save a higher percentage than that. I always liked the below post from Mr. Money Mustache. My fellow Bogleheads will be able to accurately poke holes in the suggested approach, but it may encourage you to save more so I'll share. http://www.mrmoneymustache...
by Tortoise Banker
Wed Jan 07, 2015 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Calling all blog and website authors
Replies: 44
Views: 12785

Re: Calling all blog and website authors

Hi friends,

Started a simple blog a while back to help friends and family. The approach is largely influenced by BH's. Thanks!

http://www.tortoisebanker.com/p/wealth- ... ments.html
by Tortoise Banker
Wed Jan 07, 2015 6:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard i401k No automatic investment options
Replies: 2
Views: 559

Re: Vanguard i401k No automatic investment options

Just providing a friendly "bump" as I am also interested to hear i401k auto investment solutions with Vanguard. My wife will be opening one this month.
by Tortoise Banker
Mon Dec 29, 2014 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing out 401k and compensating from savings
Replies: 11
Views: 1540

Re: Maxing out 401k and compensating from savings

State income taxes on the dividends and capital gains should be considered also when comparing leaving the funds in a taxable account vs. increasing 401k contributions and using post-tax funds for living expenses. I find myself in this scenario now, and do believe it is beneficial as I was not previ...
by Tortoise Banker
Thu Oct 09, 2014 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Wife Expecting, Down to One Income Source
Replies: 116
Views: 12603

Re: Wife Expecting, Down to One Income Source

@meg77 Thank you for your thoughtful response. I'm glad some of these posts have been insightful for you. Likewise for me. "HoosierJim wrote: It sounds like from the original post that the major "sacrifice" is cutting contributions to retirement. I wonder if retired bogleheads would trade one year o...
by Tortoise Banker
Tue Oct 07, 2014 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Wife Expecting, Down to One Income Source
Replies: 116
Views: 12603

Re: Wife Expecting, Down to One Income Source

OP here. Thanks gang. Biggest takeaway for me is that these next few years will be a wild and joyful ride. I'm humbled and grateful to have the opportunity. Wrote a letter to my future child today. This exercise made my initial concern of reducing retirement savings down to 401k match at work far le...
by Tortoise Banker
Mon Oct 06, 2014 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Wife Expecting, Down to One Income Source
Replies: 116
Views: 12603

Wife Expecting, Down to One Income Source

Reduced my monthly investment savings substantially today. My wife and I are expecting which is terrific news, but kind of bumbed at the economic implications. Any stories out there of moving to one income source and making it work! Went from maxing two IRAs and nearly maxing my 401k (she doesn't ha...
by Tortoise Banker
Fri Sep 05, 2014 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: HuffPost: Its Time to Retire Our Definition of Retirement
Replies: 1
Views: 990

HuffPost: Its Time to Retire Our Definition of Retirement

Did a quick glance and hadn't seen anyone post this yet. I thought it had a creative perspective, and shared it with a few friends. Figured I'd share it with my Boglehead friends as well. Cheers! http://www.huffingtonpost.com/arianna-huffington/its-time-to-retire-our-definition-of-retirement_b_57748...
by Tortoise Banker
Wed Aug 27, 2014 8:53 pm
Forum: Investing - Theory, News & General
Topic: "The Bogleheads' Guide to Investing -- Second Edition"
Replies: 47
Views: 12069

Re: "The Bogleheads' Guide to Investing -- Second Edition"

I really, really, really like these gems. What a nice treat!
by Tortoise Banker
Thu Aug 14, 2014 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k-Wife Question
Replies: 4
Views: 590

Solo 401k-Wife Question

Hey Bogleheads, Quick question. I have a taxable investment account that I've been using to supplement my income while maxing 401k deductions. (Basically trying to "move" these funds over to 401k for tax benefits). My question is: My wife just started a hair styling business, and since this is her f...
by Tortoise Banker
Thu Jul 17, 2014 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Mint-Don't Include Portfolio Balances
Replies: 1
Views: 616

Mint-Don't Include Portfolio Balances

Hi Bogleheads, Just a simple tip that has worked for me. Its pretty widely accepted that we as investors can be our own worst enemy when the markets get volatile. One way I've been able to "stay the course" more effectively, while simultaneously eliminating some stress and a desire to "check the mar...
by Tortoise Banker
Wed May 14, 2014 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep some money in a local bank?
Replies: 47
Views: 4180

Re: Should I keep some money in a local bank?

The funds in your online bank take two to three business days to arrive at your local bank. I'm sure you have many sources of payment that would hold you over, but in the off chance a transaction must be made in cash on short notice, it may be something to consider.
by Tortoise Banker
Sat May 10, 2014 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: S&P Index Vs Total Market Index
Replies: 7
Views: 2059

Re: S&P Index Vs Total Market Index

Great, thank you. I compared the chart this morning, and your response validates my initial opinion. I know TSM may have small and mid caps also represented, but I feel like any adjustments to my portfolio would be overkill.
by Tortoise Banker
Sat May 10, 2014 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: S&P Index Vs Total Market Index
Replies: 7
Views: 2059

S&P Index Vs Total Market Index

Hey Bogleheads, My portfolio (other than 401k) uses the 3 fund approach (Total Stock Market, Total International, Total Bond). My company offers a Vanguard 401k, but does not offer Total Stock Market. They do, however offer VINIX, an institutional S&P Index fund with a .04% expense ratio. Is this si...
by Tortoise Banker
Sat Apr 19, 2014 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Qualified Dividends Question
Replies: 6
Views: 900

Re: Qualified Dividends Question

Ahah! Found my qualified dividends and cap gains tax worksheet. Thanks, all!
by Tortoise Banker
Sat Apr 19, 2014 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Qualified Dividends Question
Replies: 6
Views: 900

Re: Qualified Dividends Question

The way you phrased your response was very helpful. He has been doing my taxes for many years, and is very qualified to do so... 40+ years as a CPA. He is a family friend, so I don't usually bother him with too many questions as he prepares mine free of charge. But I will ask him about it next time ...
by Tortoise Banker
Sat Apr 19, 2014 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Qualified Dividends Question
Replies: 6
Views: 900

Qualified Dividends Question

For the last few years, I was under the assumption that qualified dividends were taxed at 0% if you're in the 10% or 15% tax bracket which my wife and I are. (53,400 AGI). I was reviewing my 1040 and it looks like my accountant did everything accurately... according to our 1099 from our Vanguard tax...
by Tortoise Banker
Fri Mar 28, 2014 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Widow's Social Security Benefits
Replies: 22
Views: 2515

Re: Widow's Social Security Benefits

Great great great great responses. Thanks so much!!!
by Tortoise Banker
Fri Mar 28, 2014 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Widow's Social Security Benefits
Replies: 22
Views: 2515

Re: Widow's Social Security Benefits

Question: How do the income tests work with regards to recieving a reduced benefit? I understand that Oblivious above clearly states he sees no downside to taking survivor's benefits at 60 despite my Mom continuing to work with an annual income of 56,000 through to the age of 70. A part of me wonder...
by Tortoise Banker
Fri Mar 28, 2014 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Widow's Social Security Benefits
Replies: 22
Views: 2515

Re: Widow's Social Security Benefits

Ok I got the figures: She's currently 59. Here benefits will be: At 66 (and 2 mos.) = $1,668 a month At 70 = $2,306 a month Surviving spouse benefits are definitely available to her at age 66 = $1,203 mo. I did not get the figures for age 60 from her as she didn't ask. Does the forum see any indicat...