Search found 185 matches

by mass_biker
Tue Oct 02, 2018 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: Deferred comp contributions
Replies: 5
Views: 682

Re: Deferred comp contributions

A variation on the last response - my NQ plan had a "re-deferral" option - whereby upon a separation of service, I would defer the first distribution (of five) for another five years. This was not apparent in the plan documentation - I had to speak with someone in HR to find out. So that is what I c...
by mass_biker
Mon Aug 27, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: Best way to sell long held mutual fund
Replies: 13
Views: 1474

Re: Best way to sell long held mutual fund

Agree re: DAF.
Did the same for the VGHCX that my wife and I owned for almost 15 years. Wonderful fund. Horribly tax inefficient.
The contribution into the DAF a few years back felt great.
We are now beginning to make distributions from the DAF - which feels even better.
by mass_biker
Fri Jun 29, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred Comp good idea?
Replies: 25
Views: 2733

Re: Deferred Comp good idea?

I used this while at my former co. - it was particularly useful in years when tranches of PRSUs were coming due. The options permitted participants to defer 50% of base and 100% of bonus. The fund choices were pretty varied. However, I was able to do what was called a "deferral of distribution" (it ...
by mass_biker
Wed Jun 20, 2018 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Calculating safe withdrawal rate (dialing it back)
Replies: 8
Views: 1371

Re: Calculating safe withdrawal rate (dialing it back)

Appreciate all the input - the process of moving from an all-encompassing gig where my time is clearly not my own, and demands take precedence over everything is not easy for me. It's good to feel needed/necessary - a long way from 10 years ago when I was RIF'd in the Great Financial Crisis - but I ...
by mass_biker
Tue Jun 19, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Calculating safe withdrawal rate (dialing it back)
Replies: 8
Views: 1371

Re: Calculating safe withdrawal rate (dialing it back)

delamer - excellent point. I'm stress-testing the withdrawal to expect the worst. But to your point, in 13 years when the youngest is done with high school, and +5 years past that, when done with college (assuming the 529s hold in there), the burn rate ought to be headed lower. As I read this, my co...
by mass_biker
Tue Jun 19, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Calculating safe withdrawal rate (dialing it back)
Replies: 8
Views: 1371

Re: Calculating safe withdrawal rate (dialing it back)

Tamarind - to answer your questions: 1) wife is encouraging me to consider dialing it back a bit; she is reentering the workforce after ~ 10 years at home and could use someone around a bit more 2) the 300k/spend estimate is high; realistically it is somewhere $200-250k - but I wanted to highside it...
by mass_biker
Tue Jun 19, 2018 5:15 am
Forum: Investing - Help with Personal Investments
Topic: Calculating safe withdrawal rate (dialing it back)
Replies: 8
Views: 1371

Calculating safe withdrawal rate (dialing it back)

Thank you all for your answers to my prior posts on "Plan B" or contemplating early retirement. Per your advice, I've tried to quantify the various buckets of assets and would like your input on a safe withdrawal rate if I decide to step back from my current gig or dial it back down. While my work i...
by mass_biker
Mon May 14, 2018 5:23 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - aka - plan B.
Replies: 7
Views: 2082

Re: Early Retirement - aka - plan B.

Very helpful; and I totally forget about the ability to tap into tax advantaged accounts early. Thank you. I've always bifurcated between taxable and tax advantaged; but you're right, it's all one pot available for withdrawal. My default mechanism has always been to keep working to build cushion eit...
by mass_biker
Sun May 13, 2018 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - aka - plan B.
Replies: 7
Views: 2082

Early Retirement - aka - plan B.

Do any of you BHers model out a plan B scenario - i.e. ER if there is a change to the current gig (i.e. roles, responsibilities, geography etc.) I'm trying to bifurcate the role of taxable and tax deferred/exempt monies in my investment strategy and how assumptions on either could lead me to choose ...
by mass_biker
Mon Apr 30, 2018 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: 1031 exchange - a twist
Replies: 2
Views: 397

Re: 1031 exchange - a twist

Yes - I will (and do) have a primary address elsewhere. Just thinking through if there is an angle here to roll one property into a multi family and then use one of the apartments in the multi family for 3 days a week or so.
by mass_biker
Mon Apr 30, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: 1031 exchange - a twist
Replies: 2
Views: 397

1031 exchange - a twist

After leaving the Boston area some 8+ years ago, we rented out our home. It has been rented, and cashflowing positively, since then. Needless to say, home prices in metro Boston continue to surprise on the upside and our appreciation from cost basis has been meaningful. My work has changed over the ...
by mass_biker
Mon Apr 23, 2018 5:33 am
Forum: Personal Finance (Not Investing)
Topic: How long have you been unemployed?
Replies: 60
Views: 6654

Re: How long have you been unemployed?

RIF = "reduction in force", so yes, you're right. When I was RIF'd, I tried doing what you mentioned at the end - focusing on personal goals. Having started working straight out of college under immense pressure to start paying back student loans and knowing there was little/no parental support comi...
by mass_biker
Sun Apr 22, 2018 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you been unemployed?
Replies: 60
Views: 6654

Re: How long have you been unemployed?

Employed post college until the GFC - not a great place to be if your job is investments.
Following the trifecta of Lehman + Bear + AIG, found myself on the bench in late 2008.
Re-employed mid 2009.
That RIF was the best thing that ever happened to me and my family.
by mass_biker
Sun Feb 18, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: To buy or not to buy in Boston for Investment
Replies: 18
Views: 1947

Re: To buy or not to buy in Boston for Investment

We own an investment property in Boston metro. We got there "by accident" as this was our primary residence until we moved away. Originally, we thought our move would be temporary and we would be back in the area - thus we rented it out. That was 9 years ago. The vacancy rate in what I consider "met...
by mass_biker
Sat Feb 10, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Accredited investor resources
Replies: 25
Views: 1965

Re: Accredited investor resources

My experiences with these types of investments is to a) pick a limit that is appropriate as a % of total investment assets (I exclude real estate holdings from this calc) - say 5-10% b) consider your means of funding this - either from cash on hand or security sales etc. c) consider your liquidity n...
by mass_biker
Fri Feb 09, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: to superfund or not to superfund a 529
Replies: 14
Views: 1987

Re: to superfund or not to superfund a 529

I say superfund solely for the purpose of time value of money. Get time working on your side.
And not to market time, but the superfunding we did for child #2 (in the depths of the financial crisis) turned out to be one of the best financial decisions we ever made.
by mass_biker
Sun Jan 28, 2018 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: FIRECalc et al. - user experience
Replies: 11
Views: 1494

FIRECalc et al. - user experience

I use these types of monte carlo simulators to run various iterations of: - Early retirement - Increasing after tax savings - Portfolio mixes - Spend down - Other sources (rental income) and uses (college tuition) In most cases, and even when stressing the scenarios pretty heavily, I end up with a 1...
by mass_biker
Fri Jan 26, 2018 6:56 am
Forum: Investing - Help with Personal Investments
Topic: Best option for tax-inefficient funds in taxable
Replies: 13
Views: 1164

Re: Best option for tax-inefficient funds in taxable

I had the same issue with the Vgd Health Care Fund - bought as a young 'un in taxable.
Great returns over the holding period but hideously tax inefficient.
I used it to seed my DAF (as like you, I didn't need the $ in the "immediate future") and the tax benefit was helpful.
by mass_biker
Wed Jan 24, 2018 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 7897

Re: Your bond allocation when you were 48

I am 47. I estimate 95% stocks The 5% bonds is my muni holdings in my taxable account in an amount equivalent to my outstanding mortgage. As long as I can earn > on a tax equivalent basis than my mortgage rate, I'll keep them. It also provides me with immediate liquidity if anything goes pear shaped...
by mass_biker
Wed Jan 17, 2018 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Company moving profit sharing from 401k to deferred compensation plan
Replies: 5
Views: 680

Re: Company moving profit sharing from 401k to deferred compensation plan

My company had the same - "Non Qualified Deferred Compensation" Plan. 409A I believe. I used it during years when I had large RSUs vesting (which I could not control, nor defer). Originally my company would contribute a piece of base comp to the plan (3 year vest) but they took that benefit away. Ho...
by mass_biker
Sun Jan 14, 2018 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Sell or Keep a rental condo
Replies: 36
Views: 3005

Re: Sell or Keep a rental condo

Can someone help me with this analysis - comparable framework to the OP. Purchase price = 500k Improvements = 300k Have rented it out for 8 years, so assume depreciation is as follows 500k + 300k = 800k over 30 years - so...800/30 = 27/year x 8 = 216k in total reduction of basis Thus, current basis ...
by mass_biker
Sat Jan 06, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: How much are you putting in a 529?
Replies: 111
Views: 11169

Re: How much are you putting in a 529?

We aim to have contributed 100k per kid (we have 3) by their 5th birthday - assuming we have maxed out other buckets (401k, TIRA etc.) No exact science. Since we moved to a state that allows a modest tax credit on contributions, we also add that amount each year per 529. Our asset allocation for the...
by mass_biker
Thu Jan 04, 2018 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Investment property in Boston
Replies: 8
Views: 1061

Re: Investment property in Boston

The suggestion to put the proceeds into a 3 fund VGD portfolio got me thinking. We bought our property in Boston some 18+ years ago, lived in it for 9 years, and have rented it out for about 9 years. Thus, the "live in it for 2 of the last 5" tax language does not apply to us. But please challenge m...
by mass_biker
Wed Jan 03, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Investment property in Boston
Replies: 8
Views: 1061

Re: Investment property in Boston

1031 exchange sounds good - that is high on the list as I work through the final year of the tenant's lease
moving back in would be great if we lived closer (we are several states away) - so #1 sounds like the right path
by mass_biker
Wed Jan 03, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Investment property in Boston
Replies: 8
Views: 1061

Re: Investment property in Boston

Have owned one for the past 8+ years. Onto our latest tenant who has been great. But the property is getting on in years and little things come up here and there. After a call today on a weather related item, I am seriously considering moving on and redeploying the capital into an index fund. If onl...
by mass_biker
Sat Dec 30, 2017 6:08 pm
Forum: Personal Consumer Issues
Topic: Another car thread - old ones?
Replies: 14
Views: 1176

Another car thread - old ones?

The wonderful back and forth on cars recently got me thinking - Assuming all finances are a-ok (EF, max tax deferred, 529s, no CC etc., assume 7 figure tax deferred and 7 figure taxable) anyone gone down the path of buying a semi-vintage car as the N+1 for daily driving - think, old Landcruiser or L...
by mass_biker
Wed Dec 27, 2017 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: How to use 529s down the line?
Replies: 1
Views: 505

How to use 529s down the line?

Assuming you have already maxed out amounts contributed to [i]your[/i] childrens' plans, could you 1) set up a new 529 and superfund it 2) name yourself as beneficiary 3) use said 529s 30+ years from now to withdraw - monies out for K-12 private school for grandkids ($10k/year tax free, right) if th...
by mass_biker
Sun Dec 24, 2017 10:38 am
Forum: Personal Consumer Issues
Topic: Mercedes S Class: Reliability and Extended Warranty
Replies: 14
Views: 1757

Re: Mercedes S Class: Reliability and Extended Warranty

Per earlier recommendation on service records from Carfax - clean (i.e. just regular maintenance).

One owner, bought in 2014, driven <4k miles/year.

So far fewer miles than a typical car its age. CPO should provide some peace of mind so wondering if it is worth springing for extra coverage.
by mass_biker
Sun Dec 24, 2017 9:31 am
Forum: Personal Consumer Issues
Topic: Mercedes S Class: Reliability and Extended Warranty
Replies: 14
Views: 1757

Re: Mercedes S Class: Reliability and Extended Warranty

Also curious here - considering a CPO AMG that is 3 years old with <15k miles on it and wondering if it is worth sticking with the "base" CPO or adding an aftermarket warranty. Annual mileage for me is typically low (<10k).
by mass_biker
Sat Dec 02, 2017 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Company just introduced non qualified deferred compensation plan
Replies: 8
Views: 1267

Re: Company just introduced non qualified deferred compensation plan

I have used my company's NQDC for the past 8+ years. I chose, for distribution on a separation in service, "re-deferral" - which means upon a separation in service, I can defer the first distribution for 5 years, and then the amounts are paid out over 5 years. If this choice is available, I would ta...
by mass_biker
Tue Nov 28, 2017 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Expecting high income in 2018 ($1m+) looking for advice
Replies: 16
Views: 3707

Re: Expecting high income in 2018 ($1m+) looking for advice

Adding to the congrats roll-call... 1) pay yourself - take 2/3ds and put it into simple, tax efficient funds (for me, it is 2/3s stock funds, 1/3 munis). 2) prefund a massive 529. Reading through your post, no kids, and while this will not result in a deduction in your AGI, in the years you got it, ...
by mass_biker
Tue Nov 07, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Stuck between rock and hard place
Replies: 16
Views: 2747

Re: Stuck between rock and hard place

We were in the same position - owned a high performing (but high tax bite) Vanguard fund - one that my wife (then girlfriend) and I each bought a little of some 25 years ago. We just went ahead and set up a charitable fund (at Vanguard) and used these fund holdings to seed it to the low-six digit ra...
by mass_biker
Mon Oct 30, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Delayed compensation benefits?
Replies: 14
Views: 1323

Re: Delayed compensation benefits?

I am using this. I have the option of deferring 50% of base and 100% of bonus. My plan also offers the option to re-defer the first distribution (yearly, over five years) for five years after a separation of service. Eyeballing how this could work, this could end up being the bridge between retiring...
by mass_biker
Thu Oct 26, 2017 5:56 am
Forum: Personal Finance (Not Investing)
Topic: Request for Promotion letter to Senior Management
Replies: 155
Views: 16147

Re: Request for Promotion letter to Senior Management

I would not send that letter. That letter lays out a good rationale as to why [i]you[/i]believe you are qualified for a promotion, but a more concise and direct case has to be made to the key decision maker. 1) communicate your ambition - in the case of my current work organization, a key contributo...
by mass_biker
Mon Oct 16, 2017 9:38 pm
Forum: Personal Consumer Issues
Topic: How did you rise into the Executive Ranks?
Replies: 19
Views: 4566

Re: How did you rise into the Executive Ranks?

My 2 cents: - ask for it; no-one knows you want to do it unless you ask for it; otherwise folks assume you like where you are even though you are a high performer - be willing to go sideways to ultimately move up; sometimes you have to broaden your skill set before you get a chance to do more - get ...
by mass_biker
Sat Sep 16, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: NQ 401k questions.
Replies: 3
Views: 358

Re: NQ 401k questions.

Answer is "nothing you can do". For us, it is a NQDC (non qualified deferred comp) plan. Mine is set up as upon separation of service, there is a period (5 years) that you defer initial distributions, which then pay out over the next 5 years (i.e. start on the 5th anniversary of seperation). I've us...
by mass_biker
Tue Aug 22, 2017 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Muni bond ladder considerations
Replies: 5
Views: 822

Re: Muni bond ladder considerations

Re: VWIUX, that was my gut.

1) fees are low
2) daily liquidity with no bid/ask like individual munis

Appreciate the feedback - I'll stick with what I have.
by mass_biker
Tue Aug 22, 2017 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: Muni bond ladder considerations
Replies: 5
Views: 822

Re: Muni bond ladder considerations

Tuition being paid only with interest to date...no use of principal. So pay as you go. Was thinking of creating bond ladder so as to use time value of money to fund lump sums as they come due. So far, the combo of rental income and monthly income from VWIUX does the trick, but wondering if could mak...
by mass_biker
Tue Aug 22, 2017 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Muni bond ladder considerations
Replies: 5
Views: 822

Muni bond ladder considerations

We utilize rental income as well as monthly distributions from VWIUX etc. to fund ongoing private school tuition payments for our kids. The way it works now is that the net CF from the rental property, as well as monthly muni bond fund distributions hit the checking account and this is then tapped f...
by mass_biker
Mon Jul 31, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Non Qual Wrinkle - anyone with experience?
Replies: 1
Views: 347

Non Qual Wrinkle - anyone with experience?

I have been contributing to my non qual plan for the past 8 years as a bridge between ER and RMDs...flash forward, my company is in the process of being sold and it looks like this will trigger a distribution on a separation of service. Some years ago, I sought to mitigate this potential risk by re-...
by mass_biker
Sun Jul 16, 2017 4:39 am
Forum: Personal Consumer Issues
Topic: Urgent 1st world problem [coffeemaker]
Replies: 48
Views: 4572

Re: Urgent 1st world problem [coffeemaker]

Highly recommend Technivorm Moccamaster.
The only drip coffee maker worth considering.
Fast, reliable, and HOT.
I have the glass carafe/warming unit.
This is my go-to caffeine device. And this is one circumstance when paying more does make a difference.
by mass_biker
Mon Jun 12, 2017 6:23 am
Forum: Personal Finance (Not Investing)
Topic: bike rack quick release?
Replies: 9
Views: 1442

Re: bike rack quick release?

If you have a 2" trailer hitch - and don't mind getting a new bike rack - the best, bar-none is the 1-up USA bike rack.

http://www.1upusa.com/product-SDquikrackblack.html

Really simple to take on and off. And easy to fold relatively flat/compact against the back of your vehicle.
by mass_biker
Thu May 18, 2017 3:42 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 16867

Re: For those with $500k-$1m in investments...

60% tax deferred/40% taxable.
I include the 529s in tax deferred.
And within taxable, there is a healthy slug of tax exempt munis.
by mass_biker
Wed May 10, 2017 10:14 pm
Forum: Personal Consumer Issues
Topic: Bicycling Delaware Maryland Pennsylvania
Replies: 13
Views: 1406

Re: Bicycling Delaware Maryland Pennsylvania

Did you say "yes" killer hills or "no". 1) If the former, then I heartily recommend the recently repaved roads in/around the Prettyboy Reservoir north of Baltimore. Up 15%/down 15%. Repeat until exhausted. Roads. But relatively lightly trafficked. 2) If the latter, then I recommend the NCR trail tha...
by mass_biker
Tue May 09, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: How much to contribute to deferred compensation?
Replies: 9
Views: 3101

Re: How much to contribute to deferred compensation?

NQDC: I have been using this for the past 8+ years; I did have this at the old gig though. Our current program allows healthy deferral - up to 50% base and 100% bonus. Enabling assumption is of course is the solvency of your employer as you are an unsecured creditor. If you are in a situation where ...
by mass_biker
Tue Apr 25, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: 529- should I stop contributing?
Replies: 46
Views: 7095

Re: 529- should I stop contributing?

I have 3 kids. I began 529s for each at birth. Goal was to get to $100k in contributions/each by their 5th birthday (at the outside) and then let it ride. The thinking here was try to get a large amount into these funds as early as possible to get time to do the heavy lifting for me. Since kid #1 ca...
by mass_biker
Tue Apr 11, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford private school tuition
Replies: 42
Views: 5125

Re: Can we afford private school tuition

We have 2 - soon to be 3 - in private school. Not our original inclination, but it has worked out well for the kids. A couple of observations: 1) private school is a choice - as such, you have to chose to do other things (or less) of other things. That means no new cars (we do not carry a car paymen...
by mass_biker
Thu Apr 06, 2017 6:56 am
Forum: Personal Finance (Not Investing)
Topic: High Income earners, whats your Tax Strategy?
Replies: 122
Views: 18296

Re: High Income earners, whats your Tax Strategy?

Re: Works really well if you leave your employer for any reason, including switching jobs, then it all gets paid out in one lump sum, potentially putting you in an even higher tax bracket! :oops: *** Some NQDC plans - like ours - have a feature that allow for a deferral of the distribution upon a se...
by mass_biker
Thu Apr 06, 2017 5:51 am
Forum: Personal Finance (Not Investing)
Topic: High Income earners, whats your Tax Strategy?
Replies: 122
Views: 18296

Re: High Income earners, whats your Tax Strategy?

Ditto the NQDC strategy - I use this to offset when RSUs vest/pay out (as those are non-deferrable).
by mass_biker
Sun Mar 12, 2017 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Just laid off - what to do
Replies: 76
Views: 14466

One more suggestion

Went through this in my early 40s...investment business...Great Recession. Boom. Per another poster's suggestion: network, network, network. I had worked at my prior employer 10+ years. My network was rusty. So I treated restarting it as a full time job. One thing led to another, and... ...into my n...