Search found 2924 matches

by kenyan
Tue Dec 04, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 120
Views: 10771

Re: Retirement itch- when did you get it?

I had always had the plan to retire from a regular job and do something on my own by 55. I was pretty much this way as well; I've never loved having a full-time job. Knew that I wanted it, but figured it would take a while, and that I would need to wait until kids were out of college, around 59.5. ...
by kenyan
Thu Nov 15, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Accuracy of Zillow/Trulia/Redfin Estimates
Replies: 51
Views: 4575

Re: Accuracy of Zillow/Trulia/Redfin Estimates

Zillow's estimate for my house is stubbornly low, and has been since even before I bought it. I think that part of the problem is that they keep grabbing comps from an adjacent city that has much worse schools (and house prices typically at least 20-30% less). Redfin's seem closer, but might be a ta...
by kenyan
Tue Oct 30, 2018 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: controlling retirement income for ACA threshold-457
Replies: 7
Views: 810

Re: controlling retirement income for ACA threshold-457

Not an expert on this, but - 400% FPL for a couple is just shy of $66,000 in 2019. Do you have other dependents? Otherwise, it doesn't look like you're going to be eligible, if what you say is accurate, especially after 5 more years of growth. Still, you might be letting the tail wag the dog if you'...
by kenyan
Tue Oct 16, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting: Long term vs. short term losses.
Replies: 17
Views: 1846

Re: Tax loss harvesting: Long term vs. short term losses.

OK, thanks. Would a target date fund in a tax advantaged account that contains some VTIAX be considered substantially identical? No. Moreover, the poster above is incorrect: the IRS has never indicated that it considers employer-sponsored plans (e.g., 401k, 401a, 403b) for wash-sale purposes. You c...
by kenyan
Sun Oct 14, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting: Long term vs. short term losses.
Replies: 17
Views: 1846

Re: Tax loss harvesting: Long term vs. short term losses.

Thanks livesoft. So just to clarify I can just click on all my VITAX lots (lump sum purchases, distributions, both short and long term) that show losses and exchange them immediately for VTSAX, VEMAX, etc? Since no VITAX dividend distributions are scheduled until late December, I can't accidently t...
by kenyan
Fri Oct 05, 2018 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7825

Re: Evaluate net worth - FIRE really that close?

how do you get your annual spend down to $90k if you have to start paying for medical insurance? I wouldn't count the restricted stock until you have the money in hand. How do you get to $3 million? I'm not seeing it. Note that you're going to have to go down to $90k before taxes if you're looking ...
by kenyan
Tue Oct 02, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to retire early, what should I do?
Replies: 19
Views: 1529

Re: Trying to retire early, what should I do?

Undone1 wrote:
Tue Oct 02, 2018 1:50 pm

Why HSA? Doesn't it only cover medical expenses and not roll over between years and can't be invested?
You're thinking of FSA (Flexible Spending Account), not HSA (Health Savings Account). The HSA will only be available to you if you're covered by a High-Deductible Health Plan.
by kenyan
Tue Oct 02, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to retire early, what should I do?
Replies: 19
Views: 1529

Re: Trying to retire early, what should I do?

Don't prioritize taxable savings over your 403b and HSA. If you were investing in your 403b instead of taxable, you'd have more money to save. If your tax rate is low enough, you could consider a Roth 403b instead. There are penalty-free methods to get your money out of retirement accounts even when...
by kenyan
Wed Aug 08, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: VGSIX any thoughts on adding it
Replies: 11
Views: 1154

Re: VGSIX any thoughts on adding it

Started the 3 fund portfolio...would like to add VGSIX (real estate index). What’s your thoughts on adding VGSIX as the 4th fund? The yield is more than VTSAX. Vanguard Real Estate Index Fund Investor Shares (VGSIX) has a relatively low correlation to the total stock market, about 46 where 100 repr...
by kenyan
Tue Jul 03, 2018 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Few Questions About Early Retirement
Replies: 13
Views: 2110

Re: Few Questions About Early Retirement

I don't necessarily think you should be going that conservative just because you might be retiring relatively soon - as a potential early retiree, your money needs to last a lot longer - say, 50 years - which means it should be more aggressive than the "typical" mid-60s retiree who is planning for a...
by kenyan
Tue May 22, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Is Whole Life Insurance Worth It?
Replies: 54
Views: 4661

Re: Is Whole Life Insurance Worth It?

Term is 100% profit for the insurance company Except for the whole policyholder dying thing. That's gotta cut into profits. I have a coworker who is using term life as an investment. You heard me correctly. He's over 70, and is holding a policy to try to increase his inheritance. He figures that if...
by kenyan
Tue May 22, 2018 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Is Whole Life Insurance Worth It?
Replies: 54
Views: 4661

Re: Is Whole Life Insurance Worth It?

Term is 100% profit for the insurance company Except for the whole policyholder dying thing. That's gotta cut into profits. I have a coworker who is using term life as an investment. You heard me correctly. He's over 70, and is holding a policy to try to increase his inheritance. He figures that if...
by kenyan
Thu May 17, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Taking advantage of 0% tax rate on capital gains
Replies: 18
Views: 2217

Re: Taking advantage of 0% tax rate on capital gains

As far as state tax, I've noticed that an incredible number (>90%) of active-duty military seem to hail from states with no state taxes, regardless of where they are currently stationed. :D
by kenyan
Wed May 16, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest after maxing out retirement?
Replies: 21
Views: 2151

Re: Where to invest after maxing out retirement?

My priority: 1. Her SIMPLE IRA match 2. His 403(b) to max 3. Her Roth IRA (no longer possible due to income increase) 4. His Roth IRA (now backdoor) 5. Her SIMPLE IRA to max 6. 529 accounts 7. I bonds 8. Taxable Also prepaying mortgage principal. The hierarchy becomes a bit muddled after (5), since ...
by kenyan
Sat May 12, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Is Whole Life Insurance Worth It?
Replies: 54
Views: 4661

Re: Is Whole Life Insurance Worth It?

Do not purchase permanent insurance (whole life or other similar products) from your friend or anyone else. Decreasing Roth IRA contributions to purchase whole life would be a big mistake. If you need life insurance (you may not, unless you feel that your spouse is dependent upon your income and wou...
by kenyan
Thu May 10, 2018 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Funding the gap between separation of service and retirement?
Replies: 9
Views: 1216

Re: Funding the gap between separation of service and retirement?

VYM doesn't have a *high* tax liability, but it's not the most efficient in taxable, as it is a high-dividend fund. In taxable, it's preferable to minimize dividends in order to defer taxes. For example, VTI has a yield of 1.83% vs. the yield of 3.09% on VYM. Not a huge deal, but it could start to m...
by kenyan
Mon May 07, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Funding the gap between separation of service and retirement?
Replies: 9
Views: 1216

Re: Funding the gap between separation of service and retirement?

We have a 90k mortgage balance on our house, with an interest rate of 4.5%. Our monthly payment is $800, but I always pay $1000. We have a Defined Benefit (pension) though work which has a 9% penalty reduction for each year before 65 taken early. There is a optional survivor benefit, but it signifi...
by kenyan
Sat May 05, 2018 5:32 am
Forum: Investing - Help with Personal Investments
Topic: Invest lumpsum, "cost averaging" or "wait for the crash"
Replies: 56
Views: 4422

Re: Invest lumpsum, "cost averaging" or "wait for the crash"

I hear you. One way to accomplish that hedge might be a No Penalty CD. Ally Bank and CIT bank offer them, I believe. With a no penalty CD you can sock that $100k away, no risk to principal, earn probably about 1.9%, and it’s a no penalty so you can access it pretty fast if you need the money quickl...
by kenyan
Fri May 04, 2018 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Two TLH Questions
Replies: 7
Views: 707

Re: Two TLH Questions

Second one sounds like a wash sale to me, assuming you have a loss in your taxable account that you're claiming. From IRS Publication 550 (emphasis mine): https://www.irs.gov/publications/p550#en_US_2017_publink100010601 Wash Sales You cannot deduct losses from sales or trades of stock or securities...
by kenyan
Fri May 04, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Invest lumpsum, "cost averaging" or "wait for the crash"
Replies: 56
Views: 4422

Re: Invest lumpsum, "cost averaging" or "wait for the crash"

We aren't necessarily even in a bull market right now. If we reach bear market status, it's defined by the previous high, which would mean subsequently mean that we've been in a bear market for three and a half months so far. If you have advance knowledge of the crash, please let me know. I'd prefer...
by kenyan
Fri May 04, 2018 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Growth charts, loads & fees
Replies: 4
Views: 381

Re: Growth charts, loads & fees

Your understanding is correct. It wouldn't necessarily make sense for Morningstar to try to include loads/fees for funds based upon ticker, since those can sometimes be waived or be different based upon what type of account they're held in. Expense ratio is included, as it applies to that that fund ...
by kenyan
Thu Apr 26, 2018 8:28 am
Forum: Personal Consumer Issues
Topic: Electric Toothbrushes - again
Replies: 55
Views: 6842

Re: Electric Toothbrushes - again

one reason I like the Oral B is the pulse/light flash every 30 seconds to signal to rotate to a different part of the mouth. Maybe the new Sonicares do that, dunno, they didn't' when I bought my OB Many Sonicares do this as well - mine does. My wife's previous Sonicare had this feature, but her cur...
by kenyan
Wed Apr 25, 2018 5:41 pm
Forum: Personal Consumer Issues
Topic: Electric Toothbrushes - again
Replies: 55
Views: 6842

Re: Electric Toothbrushes - again

Another vote for Sonicare. Switched to Sonicare and got much more diligent about flossing about 12 years ago; no dental issues and much easier cleanings since.
by kenyan
Wed Apr 25, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Is Today a good day for TLH?
Replies: 24
Views: 2272

Re: Is Today a good day for TLH?

Quick question please, I could not find the exact answer on other discussions or missed it. Can I use VTI etf as TLH partner for VTSAX (Total Stock market ETF and MF) without invoking any problem? I have never traded in ETFs, always only MFs. Is there anything I should be mindful about? My usual go...
by kenyan
Mon Apr 23, 2018 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Old job 403b New job 401a
Replies: 7
Views: 470

Re: Old job 403b New job 401a

My current job has a 401a and 403b, but no 457b. You'll want to check into that before assuming anything. However, yes, the 457b would be another tax-advantaged plan. One other thing - you'll want to adopt "Roth" rather than "post-tax" as the proper nomenclature for clarity. There are other types of...
by kenyan
Mon Apr 23, 2018 3:22 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 114139

Re: To take or not to take delivery of Tesla 3

While I completely agree with what you posted, we should be fair and mention that Tesla never advertised "Tesla, free supercharging, fast, 200+ miles, autopilot, panoramic glass roof, etc for $27.5k after tax credit." Many, many, many people walked away with that thought, but it was based on many o...
by kenyan
Mon Apr 23, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 114139

Re: To take or not to take delivery of Tesla 3

These are cars that compete for the $$$ of luxury car buyers. I think there is going to be a lot of noise if people start to stretch their budgets to buy these vehicles. These folks are better off buying Bolts or hybrids. One place Elon was wrong is, IMO, a $35K car is not a mass market car. This i...
by kenyan
Sat Apr 21, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Relationship between Housing prices and wages
Replies: 3
Views: 787

Re: Relationship between Housing prices and wages

The statistics seem to say that wages are increasing. http://money.cnn.com/2018/02/02/news/economy/jobs-report-wage-increases-raises/index.html However, it definitely seems to be industry-dependent. My company in the space industry just agreed to a two-year 'merit increase' of 1.8%/year. When the su...
by kenyan
Sat Apr 21, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Want to be 100% in stock index funds ,
Replies: 31
Views: 3691

Re: Want to be 100% in stock index funds ,

If you'll be fine for 5 years without withdrawals, how are you doing that? Taking money out of your house? Pension? If the answer is: savings accounts or other investments that aren't in your "retirement accounts," guess what - You're not 100% stocks. Money is fungible. I recommend figuring out what...
by kenyan
Fri Apr 20, 2018 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: How do you compare VNQ vs SP500?
Replies: 18
Views: 1766

Re: How do you compare VNQ vs SP500?

As an example, compare the time period 1/1/2000 - 4/19/2016. VFIAX was up 95.1%. VGSIX (REIT Index) grew 537%. What does that tell you? Are REITs now 5x as good as the S&P 500?
by kenyan
Fri Apr 20, 2018 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: How do you compare VNQ vs SP500?
Replies: 18
Views: 1766

Re: How do you compare VNQ vs SP500?

I understand your point but personally I do not want to diversify. So I was looking for secondary or better investment than VINIX and after gazing thru returns VNQ is not better than VINIX if we are only looking at total returns. Also one more thing I want to mention. Those graphs from morningstar ...
by kenyan
Fri Apr 20, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone invest in I Bonds and why?
Replies: 44
Views: 6621

Re: Anyone invest in I Bonds and why?

wondering if anyone buys I bonds and where they see them as a part of their portfolio and why they do so instead of bonds or a money market? I buy them. They are part of my fixed income allocation. Why buy them instead of a money market? They're superior in basically every way, aside from liquidity...
by kenyan
Fri Apr 20, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: How do you compare VNQ vs SP500?
Replies: 18
Views: 1766

Re: How do you compare VNQ vs SP500?

No, it doesn't appear that your chart is with reinvested dividends. You want a "growth of" chart not, a price chart. Why would you think that VNQ and the S&P 500 would/should be aligned? They have fairly low correlation. Here's what I would do: 1. Go to morningstar.com 2. Search for the fund "VFIAX"...
by kenyan
Thu Apr 19, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Effects of 20% Down payment over time, thoughts?
Replies: 19
Views: 2803

Re: Effects of 20% Down payment over time, thoughts?

You don't just lose the money you've put into the down payment; you have equity. There's no guarantee of that, as many people discovered in 2008-2009 and the following years. Some housing markets have still not recovered completely. If you hand the keys back to the bank or have to sell at a signifi...
by kenyan
Thu Apr 19, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Effects of 20% Down payment over time, thoughts?
Replies: 19
Views: 2803

Re: Effects of 20% Down payment over time, thoughts?

It's not just about how much you've paid over time. You don't just lose the money you've put into the down payment; you have equity. The vast majority of people don't buy a 30-year mortgage and make their normal payment for the duration - people move, people refinance, people accelerate mortgage pay...
by kenyan
Thu Apr 19, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 114139

Re: To take or not to take delivery of Tesla 3

Day 2 online reservation; I cancelled it a couple of months ago. It came down to money - this is a very expensive car, $50k base price right now, and that doesn't get you autopilot, color choice, wheels, etc, and that's all before any sales taxes and transaction fees. Sure, the tax credit knocks tha...
by kenyan
Wed Apr 18, 2018 7:23 pm
Forum: Personal Consumer Issues
Topic: Total Cost of Car Ownership over 10 years
Replies: 40
Views: 4043

Re: Total Cost of Car Ownership over 10 years

As noted above, registration - in my state that's probably $2k-3k over 10 years. Taxes and other fees upon purchase, unless you've already accounted for them, might also be another $1-$2k.
by kenyan
Wed Apr 18, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA Question
Replies: 6
Views: 500

Re: Backdoor Roth IRA Question

Doesn't make much sense in your situation. If you're married, perhaps your spouse could do it (if he/she does not have any pretax IRAs). Freeing up your IRA via rolling it into the 401k may or may not be an option; it would depend upon your particular plan. Also, even if it is an option, you'd have ...
by kenyan
Wed Apr 18, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 158
Views: 19436

Re: Can I retire at age 40?

Didn't read all of the replies, but the first page didn't mention this - if you have $120k of expenses, that isn't a $120k / $2.5M = 4.8% withdrawal rate. It's a ($120k + taxes) / $2.5M ~ 5.5-6% withdrawal rate. Much too high to sustain over a long retirement. Cut down on your expenses or increase y...
by kenyan
Wed Apr 18, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Your Money Or Your Life
Replies: 49
Views: 7521

Re: Your Money Or Your Life

I've been undergoing a psychological transition from 'frugal Boglehead who'd like to retire early, likely late 50s' to more of a true FIRE pursuer. In my mind, at least to those of us who live above the poverty line, money is freedom. You can choose to spend that freedom largely in three different w...
by kenyan
Wed Apr 18, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2026
Views: 376720

Re: What are you up YTD? [Year To Date]

XIRR has me UP 0.09%. Break out the caviar!

With Beardstown math I'm up 4.2% (not annualized).
by kenyan
Wed Apr 18, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 15270

Re: How Far is too Far, Commuting?

I live in Los Angeles county. I've lived in various places that have had my commute between 20-40 minutes on the way home; going in is a bit better as I arrive at work very early. Anything longer than 30 minutes in traffic and I'm grinding my teeth. There are certainly people whom I work with who do...
by kenyan
Wed Apr 18, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: Child expenses - what to expect as your kids go from daycare to school
Replies: 20
Views: 3384

Re: Child expenses - what to expect as your kids go from daycare to school

Our expenses decreased about 50%. Before and after school daycare is still expensive for our public school. Additionally, sports and other activities are eating into our "savings" This is similar to our experience, though it's more like a 40% reduction for us. The public school schedules around us ...
by kenyan
Wed Apr 18, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: Owning 3 vehicles
Replies: 30
Views: 3404

Re: Owning 3 vehicles

Why not sell the Prius and buy a more appropriately sized car? The money saved on insurance/maintenance/registration for a 3rd car would more than pay for any loss in gas mileage.
by kenyan
Wed Apr 18, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 18526

Re: Is Los Angeles a good place long term to live financially?

I’m thinking of moving to LA and spending the rest of my life there, but I’m concerned about the cost. Is LA expensive? And would pursuing my goals be worth the cost of living there and are the costs worth the quality of life I would have there? Some of my goals are: 1. Get an MBA at a good busines...
by kenyan
Wed Mar 21, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement plan
Replies: 59
Views: 4745

Re: Home equity as part of retirement plan

My current plan is either (1) or (5), depending upon your definitions. "Downsizing" will be done on a price basis - we're going to move to a cheaper COLA, but likely have a larger house on a larger plot of land. We're aiming to retire fairly early - mid 40s - with the kids still at home and in schoo...
by kenyan
Thu Mar 08, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 20681

Re: What was your % pay raise?

Zero so far. Was supposed to our annual increase in February, but the bargaining unit is holding things up over other issues. The last numbers I saw proposed were on the order of 1.4% across the corporation, though the union was trying to eliminate it altogether in exchange for other concessions. DW...
by kenyan
Wed Feb 28, 2018 8:33 pm
Forum: Personal Consumer Issues
Topic: Move to Orange County
Replies: 50
Views: 4922

Re: Move to Orange County

Thank you to everyone who has posted in the thread. The posts have been very helpful to me. Some background - I've never been to California and we don't know anyone personally who lives in OC or So Cal. Therefore, I have no clue what expensive means - when most people are telling us not to make the...
by kenyan
Sat Feb 10, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody hit their rebalance bands?
Replies: 27
Views: 2965

Re: Anybody hit their rebalance bands?

Nope. A little sad that I moved $20k of new money in just before the fall, but it happens. Just will look to TLH it later (can't now due to other purchases).
by kenyan
Sat Feb 10, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Live / work in California - Technology Career
Replies: 99
Views: 7844

Re: Live / work in California - Technology Career

I grew up in Michigan, but have lived in California for close to 18 years now (both the Bay Area and LA area). Significantly more expensive here: 1. Housing - far and away the biggest difference. Even looking at median prices doesn't really capture the difference between here and Michigan. A nice, m...