Search found 28 matches

by gofarhaveacigar
Tue Oct 29, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Expecting Kid #2 this year - Switch away from HDHP?
Replies: 4
Views: 487

Re: Expecting Kid #2 this year - Switch away from HDHP?

Looks like you've got it covered. If you're in generally good health, the HDHP's tend to come out ahead. I noticed that you're not on the HDHP. Is there a reason? seems like life would be easier (and if you're in good health, maybe cheaper) if you're all on one plan. I'm married with two kiddos (no...
by gofarhaveacigar
Tue Oct 29, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Expecting Kid #2 this year - Switch away from HDHP?
Replies: 4
Views: 487

Re: Expecting Kid #2 this year - Switch away from HDHP?

Looks like you've got it covered. If you're in generally good health, the HDHP's tend to come out ahead. I noticed that you're not on the HDHP. Is there a reason? seems like life would be easier (and if you're in good health, maybe cheaper) if you're all on one plan. I'm married with two kiddos (no...
by gofarhaveacigar
Tue Oct 29, 2019 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Expecting Kid #2 this year - Switch away from HDHP?
Replies: 4
Views: 487

Expecting Kid #2 this year - Switch away from HDHP?

I think this question comes up often, but just wanted to get a sanity check on my math. My wife and I are expecting Baby #2 next year. We're currently covered under 2 plans - me on my own HDHP, Wife and Baby #1 on her HDHP. With the birth of #2 planned for next year, we'd hit her OOP max for the yea...
by gofarhaveacigar
Fri Feb 15, 2019 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Requested: Solar Panels, Home Improvement, and Financing
Replies: 4
Views: 320

Advice Requested: Solar Panels, Home Improvement, and Financing

Wife and I are looking into making some home improvements over the next few years, including solar panel installation, basement finishing, and deck expansion. Wanted to get some collective advice regarding all of the different topics. New homeowner, so I'm not very well versed in financing home reno...
by gofarhaveacigar
Fri Jan 05, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Too high income for Roth, but made contributions already - Can I still Backdoor?
Replies: 5
Views: 700

Too high income for Roth, but made contributions already - Can I still Backdoor?

Got myself in a pickle... earlier last year, I didn't think DW and I would make enough money to be above the Roth IRA limit. However, she got promoted and here we are - we've contributed $1400 (~$712 each) to a Roth IRA for 2017, but our AGI is above the limit (potentially) for Roth IRA contribution...
by gofarhaveacigar
Thu Dec 14, 2017 9:42 am
Forum: Personal Investments
Topic: Help trying to simplify asset allocation to fit 3 fund portfolio
Replies: 12
Views: 1943

Re: Help trying to simplify asset allocation to fit 3 fund portfolio

Why do you recommend 56/24/20 for US/International over 40/40/20? Is it more advisable to favor US Markets over International? Vanguard has found between 20% and 40% of stocks in international to be the "sweet spot". See the Vanguard paper link and the discussion . I usually split the dif...
by gofarhaveacigar
Wed Dec 13, 2017 7:27 am
Forum: Personal Investments
Topic: Help trying to simplify asset allocation to fit 3 fund portfolio
Replies: 12
Views: 1943

Re: Help trying to simplify asset allocation to fit 3 fund portfolio

my only concern is that it seems like it doesn't take into account the lack of options in His 401k (TSP funds only) - or are there equivalent TSP funds for Total Bond, International and TSM? Would that be the F, I and C funds? C Fund -- Large caps, 80% of US stocks -- VFIAX equivalent S Fund -- Mid...
by gofarhaveacigar
Tue Dec 12, 2017 1:00 pm
Forum: Personal Investments
Topic: Help trying to simplify asset allocation to fit 3 fund portfolio
Replies: 12
Views: 1943

Re: Help trying to simplify asset allocation to fit 3 fund portfolio

With a multitude of different accounts I have found it easiest for us to minimize the number of holdings we have in each. We still follow the '3-fund' principles, but we look at our investments in 'buckets' that span multiple accounts. So we have a Retirement bucket, a desired asset allocation, and...
by gofarhaveacigar
Tue Dec 12, 2017 12:39 pm
Forum: Personal Investments
Topic: Help trying to simplify asset allocation to fit 3 fund portfolio
Replies: 12
Views: 1943

Re: Help trying to simplify asset allocation to fit 3 fund portfolio

If you can, please add on the fund names to the ticker symbols, since most of us don't have these memorized. You will get more responses that way. Sorry about that - just added If you think of the entire portfolio as one big investment account, you can overweight certain funds in different accounts...
by gofarhaveacigar
Tue Dec 12, 2017 11:39 am
Forum: Personal Investments
Topic: Help trying to simplify asset allocation to fit 3 fund portfolio
Replies: 12
Views: 1943

Help trying to simplify asset allocation to fit 3 fund portfolio

Hello! Would appreciate some help and insight in trying to simplify our investment portfolio. I would prefer to follow a 3 fund portfolio with 80/20 stock/bond, and 50/50 international/US allocation. I think the proprietary funds in her 401k and TSP are making this more difficult, but maybe it's jus...
by gofarhaveacigar
Tue Feb 21, 2017 10:19 am
Forum: Personal Investments
Topic: Help with rearranging Asset Allocation among numerous accounts
Replies: 6
Views: 766

Re: Help with rearranging Asset Allocation among numerous accounts

For your joint taxable account, plan to use only 2 funds and even one of them will be fine: VTSAX Total US Stock Market Index VTIAX Total International Stock Market Index Plan to do any tax-loss harvesting, so you need similar, but not substantially identical funds to match the two above. Those wou...
by gofarhaveacigar
Tue Feb 21, 2017 8:27 am
Forum: Personal Investments
Topic: Help with rearranging Asset Allocation among numerous accounts
Replies: 6
Views: 766

Re: Help with rearranging Asset Allocation among numerous accounts

1. I like the Russell 3000 index. That seems like a great choice for her 401k. I would pick the more aggressive of the L funds for your 401k. Then supplement your 401k's with Vanguard Total Bond Fund in your IRAs. 2. Do a search on tax efficiency. Basically the least tax efficient are non tax-exemp...
by gofarhaveacigar
Fri Feb 17, 2017 2:10 pm
Forum: Personal Investments
Topic: Help with rearranging Asset Allocation among numerous accounts
Replies: 6
Views: 766

Help with rearranging Asset Allocation among numerous accounts

As always - thank you all for the plethora of information that's in this forum and website. I've learned a lot, and need to start digging more in to the details of this forum. I've followed the format in the wiki, but please excuse anything I didn't cover or messed up on. Current retirement assets H...
by gofarhaveacigar
Mon Jul 06, 2015 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: How to re-organize my wife's 401k? Confused about post-tax contributions
Replies: 2
Views: 852

How to re-organize my wife's 401k? Confused about post-tax contributions

My wife and I are looking to re-baseline our finances, since this year we will be able to maximize our 401k contributions as well as save some cash to purchase a house a year or 2 down the line. My wife's current 401(k) balance is approximately $65k, and it turns out she has been contributing 6% pos...
by gofarhaveacigar
Wed Apr 15, 2015 9:22 am
Forum: Personal Finance (Not Investing)
Topic: How Many Credit Cards Do You Have Open?
Replies: 25
Views: 26197

Re: How Many Credit Cards Do You Have Open?

20+ I'd say. Would take a while to count them all.

I play the miles and points game, constantly getting new cards and meeting sign on bonuses.

Allows my wife and I to travel first class for (almost) free all over the US and internationally.
by gofarhaveacigar
Fri Apr 03, 2015 7:25 am
Forum: Personal Finance (Not Investing)
Topic: How do we send money to Europe from the U.S.?
Replies: 10
Views: 1462

Re: How do we send money to Europe from the U.S.?

If you trust this relative, you could open up a Schwab bank account, mail them an ATM card and have them withdraw it from your account.
by gofarhaveacigar
Fri Mar 27, 2015 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Review our Plan! (Marriage, Loans, Housing)
Replies: 5
Views: 1217

Re: Review our Plan! (Marriage, Loans, Housing)

lyner, Great post; it looks like you guys have things in really good order and are taking a thoughtful approach to your finances. When you say you are contributing the max to 401k and IRAs, does this mean $18K for each in the 401k and $5.5k each for IRAs? Do the 401k contributions have any associat...
by gofarhaveacigar
Thu Mar 26, 2015 9:16 am
Forum: Personal Investments
Topic: Looking to establish life plans - issues/concerns
Replies: 7
Views: 1018

Re: Looking to establish life plans - issues/concerns

Giving this a bump to get some other opinions.
by gofarhaveacigar
Wed Mar 18, 2015 12:06 pm
Forum: Personal Investments
Topic: Looking to establish life plans - issues/concerns
Replies: 7
Views: 1018

Re: Looking to establish life plans - issues/concerns

OP, For your wife 401k, did you look into contributing to trad 401k rather than roth and how it impacts taxes? With dual income (until now), i assume you might have saved on taxes if you did trad 401k. Also employer matches will always be in trad 401k account and not in roth. So your wife should be...
by gofarhaveacigar
Wed Mar 18, 2015 11:55 am
Forum: Personal Investments
Topic: Looking to establish life plans - issues/concerns
Replies: 7
Views: 1018

Re: Looking to establish life plans - issues/concerns

1-2. I do believe you have been spoiled by the low ERs in TSP! While .3 doesn't sound bad to me, I would roll over to a Roth IRA and either use the same Target fund you already have, or break into a 3-fund portfolio if desired for cheaper ERs. Why not calculate the dollars it would save you now and...
by gofarhaveacigar
Wed Mar 18, 2015 11:49 am
Forum: Personal Investments
Topic: Looking to establish life plans - issues/concerns
Replies: 7
Views: 1018

Re: Looking to establish life plans - issues/concerns

Me TSP I'm a government employee with access to the TSP. Current allocations are: 53% L 2050 Fund 47% L 2040 Fund Contributions are 75% L 2050/25% L 2040 Expense Ratios are low (~0.029%), so I'm pretty happy with the fund options and choices. Curious as to why you would have your current allocation...
by gofarhaveacigar
Wed Mar 18, 2015 9:02 am
Forum: Personal Investments
Topic: Looking to establish life plans - issues/concerns
Replies: 7
Views: 1018

Looking to establish life plans - issues/concerns

Thank you for all the help so far from everyone. I've lurked for a while and have set up a "life plan" of sorts. I wanted to get some general feedback of how we are doing, what we should be doing, and some specific questions answered. Not sure if this belongs more in the Personal Finance f...
by gofarhaveacigar
Tue Feb 03, 2015 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Financial considerations and advice - Roth/TSP/Etc
Replies: 5
Views: 733

Re: Financial considerations and advice - Roth/TSP/Etc

Sounds like you guys are doing really well. Congrats on the new job. - TSP: I don't think you are wrong either way. One thing you may consider doing is contributing to trad TSP now and then if/when your wife quits her job, go to Roth TSP because your tax bracket will be lower. If she's quitting in ...
by gofarhaveacigar
Tue Feb 03, 2015 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Financial considerations and advice - Roth/TSP/Etc
Replies: 5
Views: 733

Re: Financial considerations and advice - Roth/TSP/Etc

Not much room for improvement here. What about health insurance? I would suggest seriously considering the FEHB HDHP plans +HSA with payroll deductions. Right now we are on separate health insurance plans - she is on an HMO plan, I'm on a PPO plan (cheaper to have separate policies due to the amoun...
by gofarhaveacigar
Fri Jan 30, 2015 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Financial considerations and advice - Roth/TSP/Etc
Replies: 5
Views: 733

Financial considerations and advice - Roth/TSP/Etc

Thank you to all the members here - I've learned a ton over the last few years reading all the threads here, and they have helped me come up with a fairly well rounded portfolio. I was hoping to get some advice for my wife and I (recently married) regarding our overall financial picture, and ask som...
by gofarhaveacigar
Sun Dec 26, 2010 5:33 pm
Forum: Personal Investments
Topic: First time investor. Need some advice on a financial plan.
Replies: 3
Views: 845

First time investor. Need some advice on a financial plan.

I came across this forum doing some research on personal finance and investing. Was hoping to get sme insight in what kind of investing plan I should be following. Some background information: 23 yrs old Federal government employee Salary: 65k/yr, but with overtime, closer to 75k Current assets: 15k...