Search found 24 matches

by CalcHP12c
Mon Mar 01, 2021 6:14 pm
Forum: Personal Investments
Topic: 529 asset allocation
Replies: 3
Views: 355

Re: 529 asset allocation

Thank you. I recognize I have failed to see the college savings as part of the bigger portfolio. Your comment “main utility of the 529 is to reduce taxes” makes sense! I’m getting there...moving closer to full boglehead and 3 fund portfolio every year. I found another post today about bonds for a hi...
by CalcHP12c
Mon Mar 01, 2021 12:08 pm
Forum: Personal Investments
Topic: 529 asset allocation
Replies: 3
Views: 355

529 asset allocation

Student is sophomore in high school and 529 balance currently represents 1.5 years of tuition at flagship state school. Parental goal is a promise to pay 2 years of state college with hope to fund 3rd year from current income. Current allocation is a target fund: 27% us equity 18% international equi...
by CalcHP12c
Wed Feb 17, 2021 11:10 am
Forum: Personal Investments
Topic: Selling Wellington - how to rebalance
Replies: 3
Views: 546

Re: Selling Wellington - how to rebalance

dbr, that link is next level. I have so much to learn. Thanks.
by CalcHP12c
Wed Feb 17, 2021 8:50 am
Forum: Personal Investments
Topic: Selling Wellington - how to rebalance
Replies: 3
Views: 546

Selling Wellington - how to rebalance

I am working towards simplification (4 funds) across various retirement accounts. I wish to sell IRA stake in Wellington and buy 500 Index (my other existing IRA fund). I would rebalance in 401k which holds 500 index, extended market index, international index, and bond index. What’s the best match?...
by CalcHP12c
Sun Feb 07, 2021 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Can I contribute to my own HSA through Fidelity
Replies: 11
Views: 839

Re: Can I contribute to my own HSA through Fidelity

$1400 is the 2021 minimum deductible for a single high deductible plan. Best to confirm with your employer HR.
by CalcHP12c
Thu Jan 28, 2021 11:38 am
Forum: Investing - Theory, News & General
Topic: When will tax info IMPORT be available?
Replies: 21
Views: 1129

Re: When will tax info IMPORT be available?

I successfully imported 1099 Div from Vanguard to TurboTax today.
by CalcHP12c
Mon Jan 04, 2021 8:10 am
Forum: Personal Finance (Not Investing)
Topic: What are you doing with credit points/bonuses? Best alternatives?
Replies: 35
Views: 1695

Re: What are you doing with credit points/bonuses? Best alternatives?

Love the simplicity of cash rewards and specifically the fidelity 529 card. Rewards are automatically dumped into account end of each month. No actions necessary. It adds up!
by CalcHP12c
Sat Jan 02, 2021 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: How do you feel about your extra paycheck in 2020?
Replies: 103
Views: 7441

Re: How do you feel about your extra paycheck in 2020?

Love it! Spouse is paid biweekly and I am paid weekly. Our budget is based on spouse receiving 2 checks a month plus 4 checks of mine. Whenever there is a an extra check in the month (at least 4 weekly checks in a year!), I sweep it into savings. Someday those checks will become a vacation home down...
by CalcHP12c
Sun Dec 06, 2020 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Tax strategy for brokerage account
Replies: 2
Views: 465

Tax strategy for brokerage account

Just starting to pay attention to non-retirement savings and seek advice on how to maximize brokerage account (minimize tax bite). Some funds may be tapped for college or vacation home down payment within next 5 years. $140k in VTSMX which include $80k long term gains. Of the $80k, vanguard shows $6...
by CalcHP12c
Sun May 10, 2020 3:42 pm
Forum: Personal Consumer Issues
Topic: Has Your Spending Changed Since The Shutdown?
Replies: 180
Views: 7453

Re: Has Your Spending Changed Since The Shutdown?

All kid activities cancelled and refunded $1k
Vacations cancelled and refunded $3k
Events postponed - associated parking, drinks, dinner cancelled
Utilities must be up - heat and electric
by CalcHP12c
Wed Feb 12, 2020 8:53 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1775
Views: 150640

Re: Coronavirus (Consumer Issues) How you are preparing?

Never been a preppier before, bud admittedly refilling medications and toilet paper. Will probably buy some pantry staples too. I usually keep our cupboards fairly bare, and I’m less comfortable with that now.
by CalcHP12c
Sun Feb 09, 2020 10:39 am
Forum: Personal Investments
Topic: Include 529 in overall asset allocation??
Replies: 24
Views: 1523

Re: Include 529 in overall asset allocation??

529 is only account we exclude from our AA tracking, Thus thread has reassured me that is ok. I was sure I was breaking some sacred boglehead tenet :)
by CalcHP12c
Sun Feb 09, 2020 10:33 am
Forum: Personal Consumer Issues
Topic: What do you/did you spend your bonus on?
Replies: 109
Views: 9033

Re: What do you/did you spend your bonus on?

Live and budget off base salary. Save a portion of bonus (we usually top off retirement and 529 and some in taxable for future dreams) Then justify all the extra life style creep you want for the year out of the remaining. Nicer hotels. Better flight times that cost a bit more. An extra weekend away...
by CalcHP12c
Mon Jan 27, 2020 3:52 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Strategy WEP And Survivor Benefit
Replies: 9
Views: 722

Re: Social Security Strategy WEP And Survivor Benefit

In the case of you passing first, her WEP reduced Social Security benefit would continue. The GPO would apply (wipe out) the additional benefit she may have been entitled to as a widow.
by CalcHP12c
Sun Jan 26, 2020 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Strategy WEP And Survivor Benefit
Replies: 9
Views: 722

Re: Social Security Strategy WEP And Survivor Benefit

The WEP will hit her social security benefit. The GPO (government Pension Offset) will hit her SS spousal and widow benefits. GPO is nastier than WEP. WEP reduces SS benefit
Formula, the GPO offsets 2/3 of pension benefits from SS spousal or widow benefit, often eliminating spousal SS completely.
by CalcHP12c
Wed Jan 22, 2020 7:23 am
Forum: Personal Finance (Not Investing)
Topic: How do you track your monthly expenses/overall financial picture?
Replies: 37
Views: 3733

Re: How do you track your monthly expenses/overall financial picture?

Overall -vanguard website quarterly. Update non vanguard shares and use portfolio watch tools. Budget - I do a simple family budget calculation on annual basis. Includes all automated savings targets, weekly cash allowance, recurring bills and expenses. Divide by 12 and compare to monthly income. Th...
by CalcHP12c
Tue Dec 31, 2019 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: What Are Your 2020 Goals?
Replies: 56
Views: 12292

Re: 2020 Goals?

To spend everything “leftover” and add the unexpected windfalls to the 529 plan. Retirement is not maxed out, but securely on track thanks to starting at age 25. College on track for our stated commitment of 50% of state tuition. (Will likely contribute more if able.). Time for nicer vacations, bett...
by CalcHP12c
Tue Dec 31, 2019 7:50 am
Forum: Personal Investments
Topic: Roth IRA contributions in the year of retirement
Replies: 19
Views: 1160

Re: Roth IRA contributions in the year of retirement

I’m not an expert, but if you deferred income into traditional 401(k), it would not count as income and therefore wouldn’t be eligible to count towards Roth income? If you deferred to Roth 401(k), you’d be ok.
by CalcHP12c
Wed Dec 25, 2019 9:52 am
Forum: Personal Consumer Issues
Topic: Help not being a Scrooge with presents
Replies: 49
Views: 4062

Re: Help not being a Scrooge with presents

Consumables! We try to buy things that will be used up. Generous Restaurant gift cards for those with less that will enjoy it. Grocery gift cards and fun food item baskets for those without much at all. A nice bottle of alcohol for folks with everything. Gifts for the immediate family fall in the so...
by CalcHP12c
Thu Dec 12, 2019 7:54 am
Forum: Personal Consumer Issues
Topic: [Anyone drop cable for YouTube TV?]
Replies: 139
Views: 14462

Re: [Anyone drop cable for YouTube TV?]

YouTube TV is now $50. Big price increase, but we still enjoy it compared to cable.
by CalcHP12c
Wed Dec 11, 2019 10:12 pm
Forum: Personal Consumer Issues
Topic: What to do with old sheets and linens?
Replies: 37
Views: 2928

Re: What to do with old sheets and linens?

1. Animal shelter
2. Textile recycling (donation bins)
by CalcHP12c
Thu Dec 05, 2019 7:38 am
Forum: Personal Consumer Issues
Topic: Cable Cord Cutting more complicated than expected
Replies: 96
Views: 8536

Re: Cable Cord Cutting more complicated than expected

We really enjoy YouTube tv. Run it from app on iPhone, and project to the tv using a $30 chromecast. One time investment of $30. Monthly $50, unlimited cloud dvr, easy to cancel during months not interested in tv (summer!) and restart again. No taxes, rental fees, etc.
by CalcHP12c
Mon Dec 02, 2019 3:51 pm
Forum: Personal Consumer Issues
Topic: Need Advice for Cheap Wireless Plans
Replies: 23
Views: 2159

Re: Need Advice for Cheap Wireless Plans

Check out TMobile over 55 unlimited. $27.50/ month.