Search found 978 matches

by SRenaeP
Mon Jul 20, 2020 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Unexpectedly taking on parents' debt: pay it all or?
Replies: 33
Views: 4130

Re: Unexpectedly taking on parents' debt: pay it all or?

Given that they have made extra payments, find out if the mortgage company will let them recast the loan. This will lower their monthly payment.
by SRenaeP
Mon Jul 20, 2020 3:44 pm
Forum: US Chapters
Topic: Metro Atlanta Bogleheads Local Chapter
Replies: 109
Views: 38866

Re: Metro Atlanta Bogleheads Local Chapter

stup123 wrote:
Sat Jul 18, 2020 10:39 am
meeting ended because the host didnt show up :(
Jack was sharing lot of knowledge
We were all able to dial back in and continued the meeting until a little after noon.
by SRenaeP
Thu Jun 18, 2020 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Buying house w/ income "issue"
Replies: 16
Views: 2192

Re: Buying house w/ income "issue"

Why not just wait until August once you have income again? That's only 1.5 months away.
by SRenaeP
Tue Jun 16, 2020 11:04 am
Forum: Personal Investments
Topic: Where should I put bonds if I plan to FIRE?
Replies: 15
Views: 2089

Re: Where should I put bonds if I plan to FIRE?

I see I never circled back but I did read all the responses and have started making some tweaks. As the market continues to recover (?), I will look to rebalance more from equities to bonds. FEBRUARY Taxable account at Vanguard 1% VTSAX (0.04) Pre-tax 401k 10% broad market bond fund (0.07) 11% ESOP ...
by SRenaeP
Tue Jun 02, 2020 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Daughter started working [max contribute to 401k this year or next?]
Replies: 57
Views: 2420

Re: Daughter started working

She is still going to be a dependent for 2020, even starting this job mid year and having already worked part-time earlier in the year? sailaway, 1) I paid for her college tuition plus room and board. I gave her my older car too. 2) She only made about 3K for the first 5 months of the year. 3) Are ...
by SRenaeP
Mon Jun 01, 2020 4:08 pm
Forum: Personal Consumer Issues
Topic: Bidet recommendations
Replies: 15
Views: 2155

Re: Bidet recommendations

Brondell Swash CL1700 Bidet Toilet Seats are on sale at $280 after $120 off. An online review lists it as a luxury bidet. Does anyone have an experience/opinion: usefulness, reliability, etc? It is not Toto. I have a similar Brondell model purchased from Costco. We've had it less than a year so I c...
by SRenaeP
Mon May 11, 2020 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Best Way to Handle Unfiled Tax Returns?
Replies: 25
Views: 1627

Re: Best Way to Handle Unfiled Tax Returns?

Has he also not paid into Social Security or Medicare (for the 1099 income) all this time? That realization may be what prompted the relative to want to file returns now. I'm aware of a person who had a somewhat similar situation. It was a painful surprise when she went to file for SS but didn't ha...
by SRenaeP
Tue May 05, 2020 7:25 am
Forum: Personal Consumer Issues
Topic: Is a locking mailbox necessary or helpful, or more hassle than it's worth?
Replies: 43
Views: 2366

Re: Is a locking mailbox necessary or helpful, or more hassle than it's worth?

So here is something really cool, it's called "Informed delivery" and it's free from the post office. https://informeddelivery.usps.com/box/pages/intro/start.action?iom=B807-82ID-USRS-PS-USP-GO-XXX-AW-XX-X-INF&utm_source=google&utm_medium=search&utm_content=b807_82id&utm_campaign=informeddelivery20...
by SRenaeP
Mon May 04, 2020 12:32 pm
Forum: Personal Consumer Issues
Topic: Is a locking mailbox necessary or helpful, or more hassle than it's worth?
Replies: 43
Views: 2366

Re: Is a locking mailbox necessary or helpful, or more hassle than it's worth?

The issues I've had with mail being stolen happened at the post office. I haven't had an instance of mail being stolen after it was delivered. Given that, I haven't bothered with a locking mailbox.
by SRenaeP
Mon Apr 27, 2020 2:34 pm
Forum: Personal Consumer Issues
Topic: Excellent service from Gate 1 Travel
Replies: 6
Views: 864

Re: Excellent service from Gate 1 Travel

I posted a thread seeking advice on travel to Greek Islands during late march. This was before the COVID pandemic. We purchased the tickets from Gate 1 Travel for late April instead. Due to trip cancellation and our own unique situation, Gate 1 provided an excellent service in terms of remedy. Than...
by SRenaeP
Mon Apr 27, 2020 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Is a Mortgage Recast Worth It?
Replies: 8
Views: 1061

Re: Is a Mortgage Recast Worth It?

You want lower monthly payment, but you are paying extra. These statements appear to be at odds with each other. Recast is irrelevant to you, since all it does is it lowers monthly payment and stretches out the mortgage - and you don't want your mortgage stretched out, you are going to pay it off. ...
by SRenaeP
Wed Apr 22, 2020 7:39 am
Forum: Investing - Theory, News & General
Topic: Norwegian Cruise Lines up 42% today
Replies: 22
Views: 3290

Re: Norwegian Cruise Lines up 42% today

It was up +60% when my limit order executed in my fun money account. Norwegian is HQed in Miami so bailout money is more likely to be a factor than offshore cruise companies. It was a fun distraction from the bloodshed in my 3 fund portfolio recently. I purchased a few shares just for the heck of i...
by SRenaeP
Thu Apr 16, 2020 12:14 pm
Forum: Personal Consumer Issues
Topic: Excellent service from Gate 1 Travel
Replies: 6
Views: 864

Re: Excellent service from Gate 1 Travel

Glad to hear this. I have a trip planned with Gate 1 to Colombia in August. I'm hoping SIP, etc. will be lifted by then but I wonder if international travel will still be limited.
by SRenaeP
Wed Mar 25, 2020 1:54 pm
Forum: Personal Investments
Topic: Change mega backdoor Roth method?
Replies: 1
Views: 138

Change mega backdoor Roth method?

Like many here, I do the mega backdoor Roth. Roughly quarterly (to avoid too many gains), I roll my after-tax 401k out to my Roth IRA. Note that I can't convert in kind; the shares are sold then the cash is transferred to another institution. Given the current market downturn, would it make more sen...
by SRenaeP
Thu Mar 19, 2020 8:10 am
Forum: Personal Finance (Not Investing)
Topic: VITA site staying open?
Replies: 16
Views: 800

Re: VITA site staying open?

Our site is in a church. Last week, we cancelled in person preparation and only allowed document drop off and quality review. A few days later we switched to phone quality review. As of Tuesday, we shut down.
by SRenaeP
Fri Feb 28, 2020 6:57 am
Forum: Personal Investments
Topic: Where should I put bonds if I plan to FIRE?
Replies: 15
Views: 2089

Re: Where should I put bonds if I plan to FIRE?

Thanks to all for the thoughtful responses. I've been out of town but I will read them this weekend.
by SRenaeP
Tue Feb 25, 2020 10:03 pm
Forum: Personal Investments
Topic: Where should I put bonds if I plan to FIRE?
Replies: 15
Views: 2089

Re: Where should I put bonds if I plan to FIRE?

OP, We really don’t have enough info to give good advice. Can you provide more details on: - His Portfolio - Expected Income - Expected Expenses - Health Care costs and approach - Roth Conversion plans - Legacy Plans - Charitable Giving Plans FWIW, When I Retired a few years ago, WE were 50/50, had...
by SRenaeP
Tue Feb 25, 2020 7:44 pm
Forum: Personal Investments
Topic: Where should I put bonds if I plan to FIRE?
Replies: 15
Views: 2089

Re: Where should I put bonds if I plan to FIRE?

I really like I bonds right now. Great for early and regular retirees. Currently yielding 2.2% for the first 6 months (0.2% above inflation, updated to reflect latest 6 month inflation numbers every 6 months). Compares favorably with TIPS of any duration. Tax deferred and exempt from state taxes. I...
by SRenaeP
Tue Feb 25, 2020 7:17 pm
Forum: Personal Investments
Topic: Where should I put bonds if I plan to FIRE?
Replies: 15
Views: 2089

Re: Where should I put bonds if I plan to FIRE?

IMHO, if your main concern is retirement date risk, then 10% in bonds is too low. How do your planned contributions compare to your yearly expenses? Based on your post I am assuming you are saving about 50% and you will hit 30x in 5ish years with contributions alone. Too low even though there are o...
by SRenaeP
Mon Feb 24, 2020 8:05 pm
Forum: Personal Investments
Topic: Where should I put bonds if I plan to FIRE?
Replies: 15
Views: 2089

Where should I put bonds if I plan to FIRE?

Emergency funds: Yes, ~5 mos expenses in a savings account Debt: Mortgage 1 for residence (will be paid off next year), mortgages 2 and 3 on cash-flowing rental properties Tax Filing Status: MFJ Tax Rate: 24% Federal, 5.75% State State of Residence: GA Age: Him 46, Her 43 Desired Asset allocation: ...
by SRenaeP
Tue Jan 21, 2020 7:46 am
Forum: Personal Consumer Issues
Topic: Bidet recommendations
Replies: 15
Views: 2155

Re: Bidet recommendations

We have a bidet seat that we purchased from Costco. I don't use the drying feature as it seems like it would take too long. As our bathroom is in the corner of the house (two exterior walls), I was concerned about the water being too cold. We tapped into a nearby outlet so we could get a powered bid...
by SRenaeP
Thu Jan 09, 2020 12:24 pm
Forum: Personal Consumer Issues
Topic: Travel ins
Replies: 1
Views: 266

Re: Travel ins

There have been a number of threads about travel insurance. A search will provide a lot of information. Feel free to post again if you have more specific questions after that.
by SRenaeP
Tue Dec 17, 2019 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Is this correct re excess contributions to HSA?
Replies: 6
Views: 414

Is this correct re excess contributions to HSA?

I received a notice from my HSA provider that I exceeded the contribution limit for this year. The excess contribution is ~$12. Given that the provider charges $25 to remove the excess contributions, I'm okay with paying the penalty for 2019. I understand I will need to complete Form 5329 to documen...
by SRenaeP
Mon Dec 09, 2019 8:32 am
Forum: Personal Consumer Issues
Topic: Realtors and Home Inspections
Replies: 24
Views: 2198

Re: Realtors and Home Inspections

He is looking in East Cobb area / Marietta. He wants to avoid Marietta school district as they have poor ratings. Alpharetta area is too far out for his commute. Traffic is just unbelievable. I love how Waze takes me through places unknown and avoids some of the traffic. East Cobb has some of the b...
by SRenaeP
Mon Dec 02, 2019 8:55 am
Forum: Personal Investments
Topic: ESPP Charitable Donation Tax Question
Replies: 5
Views: 463

Re: ESPP Charitable Donation Tax Question

I have no direct knowledge. However, a quick search pulls up this article from 2018. It appears that ESPP donations are treated like any other stock donation provided you have met the special holding period (more than two years from grant and one year from exercise/purchase). https://www.forbes.com/...
by SRenaeP
Mon Nov 25, 2019 2:58 pm
Forum: Personal Consumer Issues
Topic: Spending money to make travel easier and luxurious?
Replies: 85
Views: 8637

Re: Spending money to make travel easier and luxurious?

What we do: - Direct or minimum connection flights as short as possible. I actually take a different approach to make "travel easier". Non-stop is great if available and I'll pay a pretty good premium to avoid a connection. However, if I have to do a connection I intentionally try to avoid short co...
by SRenaeP
Fri Nov 22, 2019 9:39 am
Forum: Personal Investments
Topic: After-Tax 401k
Replies: 4
Views: 263

Re: After-Tax 401k

Is someone willing to double check my understanding of After-Tax 401k? Base Information: My employer allows us to contribute up to 6% after-tax to our 401k. The plan allows two in-service rollovers to a Roth IRA a year. My Understanding: Any earnings the after-tax contributions earn before the twic...
by SRenaeP
Tue Nov 19, 2019 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Rental payments electronic transfer alternatives
Replies: 14
Views: 1138

Re: Rental payments electronic transfer alternatives

I use Cozy. It takes 3-5 days to receive funds using their free service. You can pay an additional $3 or so for faster payment. I like Cozy because tenants can pay via CC for an additional fee (to them). I hope that this option would make me more likely to receive rent even if they're short on funds...
by SRenaeP
Tue Nov 19, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: High Mortgage
Replies: 14
Views: 2070

Re: High Mortgage

Gill wrote:
Tue Nov 19, 2019 12:39 pm
You should be able to refinance at considerably less than 5%.
Gill
Agreed. Check out Third Federal, PenFed, AimLoan and Provident lending. You should be able to find competitive rates and closing costs from one or more of those.
by SRenaeP
Tue Nov 19, 2019 11:50 am
Forum: Personal Consumer Issues
Topic: Skin lotion for old skin
Replies: 36
Views: 4136

Re: Skin lotion for old skin

While there may be lotions that particularly helpful, I would consider looking at his skin issues more holistically. There are lots of things that can contribute to dry/itchy skin. Does he drink enough water? This is especially important when it comes to older people as their thirst 'trigger' shifts...
by SRenaeP
Mon Nov 18, 2019 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: My mega backdoor Roth hesitations - justified or ill-informed?
Replies: 39
Views: 3059

Re: My mega backdoor Roth hesitations - justified or ill-informed?

My megacorp allows us to do after-tax 401k contributions. And they allow in-service withdrawals. However, I am still a little anxious about doing mega backdoor Roth. Here are my main concerns: 1) The whole process seems complicated with lots of gotchas with big implications. I read about it and thi...
by SRenaeP
Mon Nov 18, 2019 9:02 am
Forum: Personal Investments
Topic: Questions about mega-backdoor Roth, and is there any reason NOT to do a mega-backdoor Roth?
Replies: 32
Views: 8695

Re: Questions about mega-backdoor Roth, and is there any reason NOT to do a mega-backdoor Roth?

I don't see anything morally or ethically wrong with doing the MBR. However, I can see where some may feel it's unfair and choose not to avail themselves of it. In such instances, I wouldn't try to sway that person's opinion. We all have our own moral compass. An unfortunate (or not, depending on yo...
by SRenaeP
Thu Nov 14, 2019 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Will I be audited?
Replies: 51
Views: 4661

Re: Will I be audited?

Your chance of being audited in person is so low as to be non-existent. Your chance of a receiving a mail audit is higher but not significantly so. If everything you are doing is aboveboard and easily documented via receipts and letters, then audit insurance is a waste. +1 I'm also bunching charita...
by SRenaeP
Mon Nov 11, 2019 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Rental Property? What do you think?
Replies: 5
Views: 627

Re: Refinance Rental Property? What do you think?

The closing costs seem a bit high. Who is the lender? Check Provident Funding, AimLoan and PenFed to get a better feel for what's reasonable.

I'm also considering refi'ing a rental mortgage. The current rate is close to yours and I haven't seen anything I feel is worthwhile for a 30 yr fixed.
by SRenaeP
Wed Nov 06, 2019 2:20 pm
Forum: Personal Consumer Issues
Topic: Airbnb - Guide a beginner
Replies: 64
Views: 6706

Re: Airbnb - Guide a beginner

The line between Airbnb and other accommodation aggregators has blurred, especially for high-end listings. You can often find the same listing crossposted across multiple platforms. My best, most price-efficient stays have all been in Airbnb listings. That said, if you are older and have become acc...
by SRenaeP
Mon Nov 04, 2019 3:45 pm
Forum: Personal Consumer Issues
Topic: Airbnb - Guide a beginner
Replies: 64
Views: 6706

Re: Airbnb - Guide a beginner

I second many of the other warnings about Airbnb. That said, I've used VRBO for years with no issues. In my experience, VRBO properties are run more professionally than Airbnb and I haven't heard of anyone having the egregious issues that Airbnb has.
by SRenaeP
Wed Oct 30, 2019 9:09 am
Forum: Personal Consumer Issues
Topic: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?
Replies: 52
Views: 5220

Re: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?

Freshly is strictly heat up in microwave, i.e., no other prep? Yes. It comes in a plastic bowl/tray that has plastic wrap on top just like a supermarket frozen dinner. I will note that because the meals are 'fresh', the instructions say not to freeze and they have a relatively quick (5 days IIRC) u...
by SRenaeP
Wed Oct 30, 2019 8:41 am
Forum: Personal Consumer Issues
Topic: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?
Replies: 52
Views: 5220

Re: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?

I recently started using Freshly (as in my first order came last week). So far it seems to be a nice variety of meals and decent tasting (some have been better than others). While I don't think the food is blatantly unhealthy, I'm a little dismayed at the amount of cholesterol and sodium in most of ...
by SRenaeP
Mon Oct 28, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking Expenses using Quickbooks?
Replies: 6
Views: 409

Re: Tracking Expenses using Quickbooks?

Microsoft Money Sunset Edition. It is no longer supported so you can't auto import transactions but it will do what you're asking.
by SRenaeP
Fri Oct 25, 2019 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Taxes and landlord
Replies: 6
Views: 916

Re: Taxes and landlord

Fellow Bogleheads I am a landlord in the US & outside the US. In the US i pay the HOA, insurance, and property taxes but the utilities are paid by the renter. Usually outside the US in this particular country the tenets pay the HOA, and utilities. Taxes are paid by the landlord. Dont have insurance...
by SRenaeP
Thu Oct 24, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: HOA Treasurer Software Recommendation?
Replies: 21
Views: 1992

Re: HOA Treasurer Software Recommendation?

I'd also like to register interest in an answer to this as treasurer of a small 4-unit HOA. Also, OP, don't mean to barge into your thread, but what do you folks do for an autopay solution for dues? I wonder if Cozy.co or a similar service intended for landlords would meet your needs. I'm on the la...
by SRenaeP
Thu Oct 10, 2019 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Husband/Wife at Same Mega-Corp -- Individual or Joint Health Insurance?
Replies: 15
Views: 1731

Re: Husband/Wife at Same Mega-Corp -- Individual or Joint Health Insurance?

Hubby and I are in a similar situation and we have individual insurance. There are a ton of married couples at our megacorp and all that I've talked to opt for separate plans even after kids. Spouse 1 + kids and Spouse 2 individual is less costly than a Spouse + family plan. Read the fine print for ...
by SRenaeP
Thu Oct 10, 2019 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: extra $2000/month?
Replies: 14
Views: 2975

Re: extra $2000/month?

I would prioritize paying off my home before a rental regardless of the interest rates. That said, I would probably split the money between a taxable account and paying off my home mortgage.
by SRenaeP
Thu Oct 10, 2019 12:53 pm
Forum: Personal Consumer Issues
Topic: Do you carry your passport with you during international travel?
Replies: 110
Views: 10995

Re: Do you carry your passport with you during international travel?

I leave it hidden in my hotel room but not the safe as I figure that's the first place someone would look if they want to steal something. However, I travel with my Global Entry card as ID if needed. Pretty sure your global entry card has no relevance to anyone outside the US (except CATSA in Canad...
by SRenaeP
Thu Oct 10, 2019 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Married with Separate bank accounts
Replies: 44
Views: 4078

Re: Married with Separate bank accounts

Separate accounts. We used to also have a joint account but it was just one more thing to reconcile/track so I closed it. We keep separate accounts because we have differing money styles. DH gets nervous if he doesn't have thousands of dollars in checking. He wants to be able to cover anything witho...
by SRenaeP
Thu Oct 10, 2019 7:26 am
Forum: Personal Consumer Issues
Topic: Do you carry your passport with you during international travel?
Replies: 110
Views: 10995

Re: Do you carry your passport with you during international travel?

I leave it hidden in my hotel room but not the safe as I figure that's the first place someone would look if they want to steal something. However, I travel with my Global Entry card as ID if needed.
by SRenaeP
Thu Oct 10, 2019 7:21 am
Forum: Investing - Theory, News & General
Topic: highly compensated employee (HCE) Time bomb?
Replies: 91
Views: 9980

Re: highly compensated employee (HCE) Time bomb?

So what it seems like I am being told is that this really is a complete shot in the dark. It's not really it ignore it because it's a first world problem or that I shouldn't plan ahead. It really is just that it can randomly kick in next year when she makes $140k or some promotion at $200k or anywh...
by SRenaeP
Wed Oct 09, 2019 2:24 pm
Forum: Investing - Theory, News & General
Topic: highly compensated employee (HCE) Time bomb?
Replies: 91
Views: 9980

Re: highly compensated employee (HCE) Time bomb?

If I'm a diligent saver maxing my 457 out at (currently) under 100k and in a few years I break 120k (or 130k due to inflation) my ability to drop to next to nothing since my employer's 457 plan had moderately high fees and no match so very little participation. Is this correct? This does not seem t...
by SRenaeP
Mon Oct 07, 2019 7:40 am
Forum: Personal Consumer Issues
Topic: Replacing Furnace Pressure Switch
Replies: 7
Views: 832

Re: Replacing Furnace Pressure Switch

Since you don't have the original switch, search online to verify he installed the correct part. We had a similar situation and the issue was that the wrong part was installed. The original part only had one hose port and he installed a part that had two. I suspect it may have been a 'universal' par...
by SRenaeP
Thu Oct 03, 2019 9:47 am
Forum: Personal Consumer Issues
Topic: Advice for hiring a cleaner/cleaning company
Replies: 10
Views: 1332

Re: Advice for hiring a cleaner/cleaning company

You will likely be better served by finding an individual/family that does cleaning in private home rather than dealing with a company that hires minimum/lower wage employees who may change from week to week. +1 We use a woman recommended by an acquaintance. I don't like anyone at our house if one ...