Search found 46 matches

by emp2b3
Thu Jan 18, 2018 11:21 pm
Forum: Personal Consumer Issues
Topic: Tax software needed: two states & capital loss
Replies: 3
Views: 461

Re: Tax software needed: two states & capital loss

I believe that FreeTaxUSA will do this but to confirm you can check out their page discussing what forms and schedules are covered
https://www.freetaxusa.com/supported_forms.jsp
by emp2b3
Thu Nov 30, 2017 1:00 pm
Forum: Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 12574

Re: Can I afford a $1,400,000 house

As part of a two physician marriage I would not recommend buying the house yet. It is really hard to know how much your wife will like her first job and this would be a very heavy anchor tying you to the area if a better job were to open up in the next year or two. As others have mentioned it is ver...
by emp2b3
Wed Nov 22, 2017 7:21 pm
Forum: Personal Consumer Issues
Topic: Your favorite Costco wines?
Replies: 40
Views: 5918

Re: Your favorite Costco wines?

If you are interested in trying their wines but are not a member it is worth calling to see if it is allowed. I know that in California (at least as of a few years ago) you did not have to be a member if you were only buying alcohol. I am not sure if this extends to any other states.
by emp2b3
Fri Sep 29, 2017 9:15 pm
Forum: Personal Consumer Issues
Topic: Comforter: Down Filling with Cotton Covering
Replies: 12
Views: 2389

Re: Comforter: Down Filling with Cotton Covering

I appreciated the thoroughness of the reviews on Sweethome.com at http://thesweethome.com/reviews/best-comforter/ Brooklinen and Feathered Friends are both mentioned as quality picks, and there is a separate post about duvet covers. The in-depth portion about how they determined a quality comforter ...
by emp2b3
Sun Jun 11, 2017 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1412
Views: 365836

Re: Share your net worth progression

I understand that it can be tough to cut back within a specific group. My current one doesn't have a part-time option or the ability to cut back on nights or weekends. I am envious of the specialties and groups that allow one to "buy out" of such responsibilities. But even though I love my job I wou...
by emp2b3
Sun Jun 11, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1412
Views: 365836

Re: Share your net worth progression

2008: -50k accounting for med school debt. 2017: 2.9 mln. 40 yo. Blood money tho. Been painful to earn every cent. Certainly don't feel rich. Don't think I ever will. Hoping to go to half time work in 10 yrs. Dunno when I can fully retire. Or if I really want to. At what number can one stop worryin...
by emp2b3
Thu May 04, 2017 9:04 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2694
Views: 1780915

Re: The Three-Fund Portfolio

Taylor, Your posts and additional reading at the start of my investing career convinced me of the wisdom of the three fund portfolio. It has served my family well and has freed up time and energy for the more important things in life. I feel so fortunate that others have fought for so long to lower ...
by emp2b3
Tue Apr 25, 2017 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Baby on the way checklist
Replies: 34
Views: 4620

Re: Baby on the way checklist

Nearly A Moose wrote:
ponyboy wrote:Travel now because when you have a kid you wont be traveling anywhere for a couple years.
As a friend told us, once you have a kid you no longer go on vacation but instead take trips. Too true.
by emp2b3
Wed Apr 12, 2017 5:15 pm
Forum: Personal Investments
Topic: Im new, Im reading "the Book". Question for my kids....
Replies: 27
Views: 3142

Re: Im new, Im reading "the Book". Question for my kids....

I think it is very commendable of you to want to give your kids the head start that you did not have. I think that people are wary for your situation because you stated that you started saving for retirement late. There is a frequent saying that "you can borrow money for your kid's schooling, but no...
by emp2b3
Sun Apr 02, 2017 12:01 pm
Forum: Personal Investments
Topic: Physician-Resident looking for Portfolio Advice
Replies: 34
Views: 4190

Re: Physician-Resident looking for Portfolio Advice

I know that it has been mentioned multiple times, but even for a desirable area that salary is on the low side for general pediatrics. They only time I have seen a similar salary is in an academic center when graduating residents are hired as clinical instructors for the first two years before being...
by emp2b3
Mon Mar 13, 2017 1:04 pm
Forum: Personal Investments
Topic: Please help physician catch up.. late to the game
Replies: 13
Views: 3921

Re: Please help physician catch up.. late to the game

1. Employer TDA 403b plan: Will max out only starting this year. I tried to catch up with the entire last paycheck of 2016, and reached the TDA after 1/1/17. Am I correct that I can still count that towards 2016? Also, I have TIAA Lifecycle 2045 plan, wonder if I should be considering 2060? I am 34...
by emp2b3
Fri Mar 10, 2017 12:31 pm
Forum: Personal Consumer Issues
Topic: What to do with all these passwords ?
Replies: 125
Views: 19568

Re: What to do with all these passwords ?

I used KeePass2 for years but recently switched to LastPass and am a big fan. It is great for family sharing and is more user friendly than with KeePass in my opinion. Using something at all with a robust password generator is probably the most important step. Two good articles from thewirecutter.co...
by emp2b3
Thu Mar 09, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Finally making money and need budget advice
Replies: 19
Views: 2994

Re: Finally making money and need budget advice

You are ahead of the game for your age just by asking the questions now instead of 10-20 years from now. There is always room for improvement, and there seems to be some "low hanging fruit" for drastically improving your financial situation in the long-term. You have already received much good advic...
by emp2b3
Sun Jan 29, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund options
Replies: 23
Views: 4110

Re: Doner Advised Fund options

We chose Fidelity for the lower initial investment requirement and the ability to gift smaller grants. It is has been extremely easy to use. From what I have read on the other related threads it is hard to really go wrong.
by emp2b3
Sun Jan 29, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Free Tax USA Deluxe edition- worth it?
Replies: 6
Views: 2758

Re: Free Tax USA Deluxe edition- worth it?

If you do want to make any purchases on FreeTaxUSA you can always check out the RetailMeNot (and similar) websites for discount coupon codes. At least10% off is pretty much automatic and I think that the deluxe edition upgrade it often reduced on top of that.
by emp2b3
Fri Jan 20, 2017 12:57 am
Forum: Personal Investments
Topic: Please help physician catch up.. late to the game
Replies: 13
Views: 3921

Re: Please help physician catch up.. late to the game

Others can weigh in more but if you want you consolidate accounts I would recommend rolling over any old accounts to your 403b and not a traditional IRA so that you can do a backdoor Roth IRA yearly. WCI has a great post on the logistics of doing so. You will need to get rid of your current traditio...
by emp2b3
Sat Jan 07, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Doctors and retirement
Replies: 67
Views: 9887

Re: Doctors and retirement

I felt that when reading the numbers in that post that many of the physicians were hoping to leave significant sums to family or charities. It also was a common theme that someone would have "hit" their number but decided that they wanted to continue working or would feel more comfortable with a lar...
by emp2b3
Sat Jan 07, 2017 10:54 am
Forum: Personal Investments
Topic: 500K milestone celebration
Replies: 74
Views: 9647

Re: 500K milestone celebration

Congrats! A larger paycheck may make things easier, but I think that we all know that there are a lot of people out there making great money that are not saving anywhere close to as much as the OP! Keep up the good work.
by emp2b3
Fri Dec 23, 2016 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Donation question
Replies: 22
Views: 3196

Re: Donation question

Yes, the state tax credit can only be taken if when all is said and done you owe at least that amount in state income taxes to AZ. This can be different than how much you had withheld and does not have an effect on either your refund or how much you would owe (as this is only the difference between ...
by emp2b3
Wed Dec 21, 2016 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Donation question
Replies: 22
Views: 3196

Re: Donation question

I encourage everyone to look into charitable tax credits for their states. Some have been limited or removed in recent years, but in Arizona for example there are true tax credits of $1k and $800 per couple per year for qualifying foster organizations and qualifying charities respectively (in additi...
by emp2b3
Fri Dec 02, 2016 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Freetaxusa dot com
Replies: 13
Views: 1730

Re: Freetaxusa dot com

As others have stated, there is no "catch" other than paying for state filing if you choose to do so. I have been using it for 8 years or so and have had zero problems. There is definitely no income limit or other restrictions. Similar to other programs it automatically imports your prior year's dat...
by emp2b3
Sun Jul 31, 2016 7:40 pm
Forum: Personal Investments
Topic: New Physician Loan/Investing Advice
Replies: 16
Views: 2471

Re: New Physician Loan/Investing Advice

Depending on the time frame of paying off your loans you could do the calculations and see if it is worth it to re-finance with Sofi or another company before paying them off. If you are talking a few months only then I wouldn't worry about the hassle, but you could do the math and see if the saving...
by emp2b3
Mon Jul 18, 2016 12:47 pm
Forum: Personal Investments
Topic: New Physician Looking for Advice
Replies: 22
Views: 3807

Re: New Physician Looking for Advice

I agree that things look pretty good. I recently went through similar calculations regarding PSLF as I was on the IBR plan. After residency and fellowship and a half year of being an attending I had "only" 4 years left of payments before forgiveness. Due to the high interest rate (6.8%), "maxed out"...
by emp2b3
Tue May 31, 2016 1:35 pm
Forum: Personal Consumer Issues
Topic: Do I want a house with a pool?
Replies: 96
Views: 10943

Re: Do I want a house with a pool?

In case people want to review some of the evidence about pool safety for themselves (there is a section on swimming ability).
http://pediatrics.aappublications.org/c ... /e253.long
by emp2b3
Fri May 27, 2016 2:34 pm
Forum: Personal Consumer Issues
Topic: Do I want a house with a pool?
Replies: 96
Views: 10943

Re: Do I want a house with a pool?

Have you looked into a salt water pool? Not truly that "salty" and relatively low maintenance. Remember that for children only a life jacket has been shown to prevent drownings. Get a secure, locked gate and make sure to use it correctly. http://www.redcross.org/prepare/disaster/water-safety/home-po...
by emp2b3
Fri May 13, 2016 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Do all Boglesheads die at 100?
Replies: 51
Views: 8500

Re: Do all Boglesheads die at 100?

But I also see it as quite possible that I'll live to be, say, 500 or 1000 years old. It's a matter of time before we definitively cure aging, and the younger you are, the more likely you are to live to see it. So I would not calculate a retirement plan that fails a bit past 100. Especially since p...
by emp2b3
Fri May 06, 2016 2:53 pm
Forum: Personal Consumer Issues
Topic: Budapest
Replies: 10
Views: 1517

Re: Budapest

Van-Guard23 provided some excellent recommendations. The architecture is amazing. We enjoyed the Gellert baths much more than I would have anticipated and I would definitely add that to the itinerary. The public transportation is relatively easy to use although if you have the time and it is not too...
by emp2b3
Mon Jan 11, 2016 5:55 pm
Forum: Personal Investments
Topic: Young Attending 401k choices / Student Loan decision
Replies: 33
Views: 3141

Re: Young Attending 401k choices / Student Loan decision

I think that your current plan sounds reasonable. I am sure that you are already doing so, but periodically check and see what is new in regards to the PSLF programs in regards to physician eligibility and a potential cap on forgiveness etc. On one hand I understand that argument that the government...
by emp2b3
Tue Jan 06, 2015 7:23 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard converting mutual fund accounts to brokerage?
Replies: 420
Views: 93622

Re: "Vanguard converting mutual fund accounts to brokerage?

We were prompted to upgrade the Roth IRA account first. This was achieved easily. It then stated that an exchange from the (old style) Traditional IRA to Roth IRA was not possible on-line, although it had always worked before. We upgraded the Traditional IRA account that day (again, easily done onli...
by emp2b3
Tue Sep 23, 2014 9:18 pm
Forum: Personal Consumer Issues
Topic: Cast Iron Skillet Cooking
Replies: 127
Views: 34360

Re: Cast Iron Skillet Cooking

On one of Alton Brown's Good Eats episodes he suggested that it was cheapest to buy them in a hardware store.
by emp2b3
Tue Sep 04, 2012 1:11 pm
Forum: Personal Investments
Topic: Took the plunge..TSM..taxable. divident reinvest?
Replies: 21
Views: 2608

Re: Took the plunge..TSM..taxable. divident reinvest?

Does the tax lot impact on the decision to reinvest dividends or not change at all now that the brokerage companies will be keeping track of those (in comparison to before when it was up to the investor)?
by emp2b3
Thu Aug 30, 2012 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Financial plans, girlfriend just out of grad school
Replies: 34
Views: 5842

Re: Financial plans, girlfriend just out of grad school

As you probably already know, if you do get married and decide to file separately there are some downsides such as not being able to contribute to a Roth IRA and not being able to deduct traditional IRA contributions. I am guessing you could do a "back-door" Roth, but I am not sure on that point.
by emp2b3
Sun Mar 18, 2012 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Medical career at 37?
Replies: 68
Views: 6554

Re: Medical career at 37?

Have you looked into other professions within the medical field? There is a wide variety (physician assistants, nurse practioners) that have much shorter training, but still allow you to provide direct care to patients (and write prescriptions etc).
by emp2b3
Mon Jan 16, 2012 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Finding a Primary Care Physician
Replies: 41
Views: 4003

Re: Finding a Primary Care Physician

I like to approach the problem quantitatively: 1) Did the physician pass all of his licensure exams on the very first attempt (USMLE, State, etc.)? 2) Did the physician score above my MCAT cut-off minimum? 3)What was the rank of her residency program at the time of attendance? Then I sort by practi...
by emp2b3
Tue Dec 13, 2011 12:18 pm
Forum: Personal Consumer Issues
Topic: mail order cookies
Replies: 9
Views: 1038

Re: mail order cookies

cheryl&co buttercream frosted are some of the best cookies i have ever had: http://www.cheryls.com/ i have sent them by mail before and the recipient said they tasted great. I will second this suggestion. Have had the buttercream ones multiple times and they are always a crowd pleaser. The other co...
by emp2b3
Mon Oct 24, 2011 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: med schools - prestige or economics?
Replies: 161
Views: 10614

Re: med schools - prestige or economics?

I somewhat dealt with this situation in the recent past and ended up going with the more expensive/name school. I am sure that I could've had great training at the other institution, but at that time I wasn't set on a primary care field. There are great arguments for both decisions, but going to the...
by emp2b3
Tue Oct 04, 2011 8:18 pm
Forum: Personal Investments
Topic: Portfolio TANKING! (Why do I have peace of mind?)
Replies: 21
Views: 4584

i will just second that this forum has been very helpful to me. my knowledge has hopefully increased quite a bit and now we are just staying the course.
by emp2b3
Sat Mar 26, 2011 1:55 pm
Forum: Personal Investments
Topic: Beginner introduction and questions...
Replies: 14
Views: 1593

I believe what he is implying that because your 401k allows for pre-tax contributions, you will shelter that money from your ~25% or so tax rate. If you instead left things as they are, you would only see the money after taxes. That is how your $500->~$375 by the time you would see it. It is similar...
by emp2b3
Mon Feb 14, 2011 7:47 pm
Forum: Personal Investments
Topic: UC DCP Questions [Univ. of CA Defined Contribution Plan]
Replies: 41
Views: 22268

An update in case it helps future UC members: I called today and had the after-tax contributions + earnings on those contributions released for roll-over into my Roth IRA at TD Ameritrade. It was an easy process done by phone in about ten minutes. They send you two checks made out to your broker tha...
by emp2b3
Thu Feb 10, 2011 9:08 pm
Forum: Personal Investments
Topic: UC DCP Questions [Univ. of CA Defined Contribution Plan]
Replies: 41
Views: 22268

Thank you very, very much for the thorough reply. I believe what you are saying is all correct from what I am reading on the UC website and in other similar Boglehead threads. Just in case, I will call the HR department to verify before asking for the distribution. I am fortunate in that the after-t...
by emp2b3
Thu Feb 10, 2011 3:14 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 909
Views: 171673

I agree w/ some other posters that some things are worth the extra money, and it doesn't add up to that much when done in moderation. Some favorite breweries/beers: Bells: Two-hearted ale ; favorite IPA that is widely available regionally Founders: Breakfast Stout for the depth of flavor Dogfish Hea...
by emp2b3
Thu Feb 10, 2011 1:58 am
Forum: Personal Investments
Topic: UC DCP Questions [Univ. of CA Defined Contribution Plan]
Replies: 41
Views: 22268

Thank you very much for the response. So far I have not contributed anything to the 403b, so at this point it seems that I should change my after-tax DCP contributions from the DCP to pre-tax contributions to that. Making sure that I am understanding you correctly, I can roll over the after-tax cont...
by emp2b3
Wed Feb 09, 2011 2:00 am
Forum: Personal Investments
Topic: UC DCP Questions [Univ. of CA Defined Contribution Plan]
Replies: 41
Views: 22268

UC DCP Questions [Univ. of CA Defined Contribution Plan]

I am in the process of cleaning up all of my investments. I did a search about DCPs on this site and read all of the associated threads, but I still have a few questions about this type of plan. We currently contribute 7.5% of our gross income to the UC DCP (listed as 401a on Fidelity website) on a ...
by emp2b3
Tue Feb 01, 2011 7:05 pm
Forum: Personal Investments
Topic: What's your favorite mutual fund
Replies: 54
Views: 7512

I really like Vanguard Intermediate-Term Bond Index Fund. I like it so much that I believe beginning investors should save up enough cash to invest in that one fund as their first investment, and no other fund. Learning to save should come before learning to put. and REAL intermediate term bonds sh...
by emp2b3
Mon Jan 31, 2011 1:53 pm
Forum: Personal Investments
Topic: Portfolio advice for 2 young investors seeking simplicity
Replies: 2
Views: 1627

Thanks for the reply. Moving the taxable account holdings to a CD or savings account should be easy enough and seems like a good idea. I don't envision us trying to buy in LA anytime soon (and wouldn't have the appropriate down payment to do so at this point). I will have to play around with the num...
by emp2b3
Sun Jan 30, 2011 9:07 pm
Forum: Personal Investments
Topic: Portfolio advice for 2 young investors seeking simplicity
Replies: 2
Views: 1627

Portfolio advice for 2 young investors seeking simplicity

Hello. I am fairly new to investing but have recently been trying to learn as much as possible. I just read the Boglehead’s Guide to Investing and have been clicking through this forum for the past month or two. I would like to simplify our holdings now and come up with a solid plan for future long-...