Search found 801 matches

by Colorado13
Mon Jan 21, 2019 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: After-tax 401(k) to Roth IRA conversion - confused about tax treatment
Replies: 21
Views: 987

Re: [Roth conversion - confused between pre-tax and post-tax money]

Don't let the Fidelity article mess you up. The IRS rules can be simplified: If you move money that hasn't yet been taxed, you will pay tax when you move it. Your desire to move pre-tax money (no taxes paid yet) (401(k)) to an account containing money that has taxes already paid on it (Roth IRA) me...
by Colorado13
Sat Jan 19, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: How much money did you receive from family? (Gifts/inheritance)
Replies: 122
Views: 12753

Re: How much money did you receive from family? (Gifts/inheritance)

My parents paid for my undergrad expenses that were not covered by scholarships, including room, board, books, etc. I had to buy my own car/insurance, but they occasionally helped with gas money. One year they bought me tires for the car for Christmas. All were amazing gifts and I'm very thankful, a...
by Colorado13
Sat Jan 19, 2019 3:07 pm
Forum: Personal Consumer Issues
Topic: Son moving to Denver from California
Replies: 47
Views: 3161

Re: Son moving to Denver from California

I've never had winter tires in CO, but I do buy very expensive tires for my SUV and replace the tires before they are worn out. AWD will be great in snow but no help on ice. We can get snow from October through May, with many 50+ degree days in between. And some -10 degree days. Also, snow and 60 de...
by Colorado13
Thu Jan 17, 2019 8:29 pm
Forum: Personal Consumer Issues
Topic: Car Rental - Getting specific type of car
Replies: 19
Views: 1266

Re: Car Rental - Getting specific type of car

Are you willing to share your route information? My guess is that AWD will meet your needs and 4x4 will be overkill. Unless you are off roading, AWD will be sufficient and "should" (key word) be available on a rental SUV. But I understand the possibility of being given a non-AWD car rather than an S...
by Colorado13
Thu Jan 17, 2019 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Another PenFed Failure (Funds transfer)
Replies: 5
Views: 781

Re: Another PenFed Failure (Funds transfer)

"Clunky" is a great word for it! The transfer did not involve a trust, just a move of funds from one PF account to another PF account. Only one transfer failed (this time) but they have been clunky/slow in the past with transfers, so maybe I will try to make future transfers via phone instead of onl...
by Colorado13
Wed Jan 16, 2019 7:07 pm
Forum: Personal Consumer Issues
Topic: Car reviews - Consumer Reports or other sources?
Replies: 41
Views: 3169

Re: Car reviews - Consumer Reports or other sources?

You could also ask for car advice on this forum, just be prepared for something similar to the following:

You: "I am interested in X, Y, Z."

Responses: "You should not buy, X, Y or Z, but should instead purchase elephant, banana or trombone."

Good luck. :D
by Colorado13
Wed Jan 16, 2019 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Another PenFed Failure (Funds transfer)
Replies: 5
Views: 781

Another PenFed Failure (Funds transfer)

I transferred funds to my shares/savings account at Penfed on January 12 with no problem. I then requested to transfer the funds to another account at Penfed and submitted the transfer request on the 12th. I've called them twice and they still have not processed the transfer, although it is listed a...
by Colorado13
Wed Jan 16, 2019 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Guidance requested
Replies: 9
Views: 1004

Re: Guidance requested

Step 1: Get rid of the PMI. With your assets and income, it's just not necessary/prudent.
by Colorado13
Mon Jan 14, 2019 8:44 pm
Forum: Personal Consumer Issues
Topic: Nicer Denver Areas
Replies: 19
Views: 2241

Re: Nicer Denver Areas

Kansarado. That does have a certain ring to it...
by Colorado13
Fri Jan 11, 2019 2:49 pm
Forum: Personal Consumer Issues
Topic: Banff/Lake Louise vacation-suggestions?
Replies: 16
Views: 916

Re: Banff/Lake Louise vacation-suggestions?

I was there in August and temps were in the low 90s, so based on what Raybo wrote, I'm guessing the weather can be variable.

Sunshine Meadows, Lake Moraine, and Icefields hikes were great. Johnston Canyon is crowded, but a short/easy/scenic hike. I agree that Emerald Lake is a win.
by Colorado13
Thu Jan 10, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off a 30 year mortgage in 15 years? The cost of flexibility
Replies: 79
Views: 7604

Re: Pay off a 30 year mortgage in 15 years? The cost of flexibility

You do pay a cost for the flexibility. They are not talked about/promoted as often as 15 and 30 year mortgages, but there are other periods available, 10 year, 20 year, etc. I came accross this interesting statistic: Of all home mortgages, 90 % are 30 year, 6% 15 year, and only 2% the other. 12% ar...
by Colorado13
Sun Jan 06, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to fund early retirement - where's the cutoff?
Replies: 14
Views: 1558

Re: Downsizing to fund early retirement - where's the cutoff?

Hi Rick. I'm also in the Denver metro and am uncertain that downsizing makes financial sense considering how expensive smaller homes are. I could reduce my square footage substantially but I am unsure that it makes sense to do so. Thanks for sharing your insights/your friends' experiences. I am not ...
by Colorado13
Sun Jan 06, 2019 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to fund early retirement - where's the cutoff?
Replies: 14
Views: 1558

Re: Downsizing to fund early retirement - where's the cutoff?

Once you're retired, unless you have large hordes of children and grandchildren who often come to visit, you won't need a lot of space, so I think downsizing is good. It is harder to downsize if you wait until your health deteriorates. That seems reasonable. My plan is to retire early (leading to m...
by Colorado13
Sun Jan 06, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Downsizing to fund early retirement - where's the cutoff?
Replies: 14
Views: 1558

Downsizing to fund early retirement - where's the cutoff?

What is the minimum number of years of retirement you would be willing to gain in exchange for downsizing your home? Assuming that monthly costs (insurance, utilities, taxes, etc.) are similar in either home: 1. Would you downsize if you could retire 2, 3, 5, 8 or some other number of years earlier ...
by Colorado13
Fri Jan 04, 2019 7:39 pm
Forum: Personal Consumer Issues
Topic: New marketing twist on Extended Warranties? Cost of replacing Sensors if you wreck your new SUV
Replies: 44
Views: 2683

Re: New marketing twist on Extended Warranties? Cost of replacing Sensors if you wreck your new SUV

I usually tell the finance people when they try to sell the warranty “are you telling me this car is going to have $1000s of repairs once the car is 3 years old? I think I made the wrong decision on this vehicle, maybe we should cancel the contract.” It’s one of the most bizarre things. The car is ...
by Colorado13
Fri Jan 04, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: What Do You Spend The Most On Annually?
Replies: 158
Views: 8260

Re: What Do You Spend The Most On Annually?

My top 3:

1. Retirement Savings
2. Taxes
3. Property tax and homeowner's insurance
by Colorado13
Fri Jan 04, 2019 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: 5 year CDs @Penfed mature 1/22/19
Replies: 30
Views: 3094

Re: 5 year CDs @Penfed mature 1/22/19

I expect Penfed to continue to lose deposits due to their absolutely unacceptable EWPs. I don't like to break a CD, but I have done so when the opportunity cost of holding an old CD exceeded the benefit by a sufficient margin. Penfed's EWP makes it very difficult to keep long term money there becau...
by Colorado13
Fri Jan 04, 2019 3:28 pm
Forum: Personal Consumer Issues
Topic: Nicer Denver Areas
Replies: 19
Views: 2241

Re: Nicer Denver Areas

There is a newly opened resort hotel near DIA. Gaylord Rockies. I haven't been to check it out yet but if you wanted to stay a night on the way in/out, it's easy to get to from the airport and easy to get on I-70 to go to the mountains. They are supposed to have a lot of things for families, like a...
by Colorado13
Thu Jan 03, 2019 9:41 am
Forum: Personal Consumer Issues
Topic: Nicer Denver Areas
Replies: 19
Views: 2241

Re: Nicer Denver Areas

I agree with the "be prepared for anything" advice in terms of weather. Wind chill temps below 0 degrees earlier this week and the forecast is for 60 degrees tomorrow. Of course, it will be colder in Breck. I also agree with the advice to stay downtown. There are some areas on east Colfax Avenue tha...
by Colorado13
Tue Jan 01, 2019 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Evaluating my 2018 Spending
Replies: 32
Views: 2300

Re: Evaluating my 2018 Spending

I’m somewhat envious of those who have figured out a good way to track spending to the extent that they are able to see waste and trends. I think it would be interesting to take stock at year end. The only spending I have been able to effect are my fixed costs through setting a budget for housing a...
by Colorado13
Tue Jan 01, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Evaluating my 2018 Spending
Replies: 32
Views: 2300

Re: Evaluating my 2018 Spending

Mint mobile. 15 bucks a mo and has been perfect so far! They have a 7 day trial SIM I think you can get for free. On gifts, how about signing up for one of the AMEX credit cards that give 50k+ points as a sign on bonus. Can buy gift cards in 25 dollar increments and close the card once you get the ...
by Colorado13
Tue Jan 01, 2019 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Evaluating my 2018 Spending
Replies: 32
Views: 2300

Re: Evaluating my 2018 Spending

Most people spend too much on gifts. I tell people not to give me gifts at birthday and Christmas. Then they are not surprised when I give less expensive gifts. Tinkering with your cell phone bill may save you a few pennies, but I doubt the impact on your budget will be significant. What about the ...
by Colorado13
Tue Jan 01, 2019 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Evaluating my 2018 Spending
Replies: 32
Views: 2300

Re: Evaluating my 2018 Spending

I am one of "those people" too and have a very tight budget. I have some new goals for 2019 so I'm working on cutting some areas...I don't think I did poorly last year and we met all the goals I set out last year so I'm happy with my progress but I see it as a challenge so it is always enjoyable to...
by Colorado13
Tue Jan 01, 2019 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Evaluating my 2018 Spending
Replies: 32
Views: 2300

Re: Evaluating my 2018 Spending

It seems to me that your spending is already sensible. So I don't think you have to change anything. I do make sure to stay on a Comcast promotion, however. This requires a dance where you call them once a year and threaten to cancel. For me it's a legitimate threat. I'm not willing to pay the list...
by Colorado13
Tue Jan 01, 2019 8:34 am
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 19522

Re: Favorite Purchase of 2018?

Oatmeal wrote:
Mon Dec 31, 2018 11:35 pm
acegolfer wrote:
Thu Dec 27, 2018 9:10 am
Brain surgery to remove tumor. Has some numbness but I feel better than before.
:sharebeer
+1000 Best wishes for a healthy 2019!
by Colorado13
Mon Dec 31, 2018 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating my 2018 Spending
Replies: 32
Views: 2300

Evaluating my 2018 Spending

I am "one of those people" who track spending fairly carefully. My end of year evaluation of spending led to a few conclusions, none that are too earth shattering, but they do provide some opportunities for spending reductions in 2019. 1. Utilities are one of my largest expenses. I had to upgrade my...
by Colorado13
Thu Dec 27, 2018 12:49 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9318

Re: What common everyday inconvenience have you intentionally suffered for frugality?

snip -Hang dry clothes. Increases lifespan of clothing dramatically and saves a little electricity. My wife does like some things dried (especially towels), but we about 1 load is put in the dryer every other week (for a family of 4). I almost never use my clothes dryer. It's so dry where I live th...
by Colorado13
Thu Dec 27, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9318

Re: What common everyday inconvenience have you intentionally suffered for frugality?

I don't have an iPhone. My smart phone is 2 years old and works fine, but it certainly doesn't provide the functionality that an iPhone does, which is occasionally inconvenient. Other than not running some iPhone specific app what are you missing? 2 year old android and iPhones aren’t exactly missi...
by Colorado13
Thu Dec 27, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: Ally-14 month Select CD at 2.85%
Replies: 25
Views: 6156

Re: Ally-14 month Select CD at 2.85%

Thanks for posting this!
by Colorado13
Thu Dec 27, 2018 9:04 am
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9318

Re: What common everyday inconvenience have you intentionally suffered for frugality?

I don't have an iPhone. My smart phone is 2 years old and works fine, but it certainly doesn't provide the functionality that an iPhone does, which is occasionally inconvenient.
by Colorado13
Tue Dec 25, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: PenFed 3% CDs maturing: Thank you Bogleheads
Replies: 22
Views: 3843

PenFed 3% CDs maturing: Thank you Bogleheads

Thanks to Bogleheads, five years ago I invested in some 3% PenFed CDs. These are maturing in the next few days, so I want to say thanks to the Forum because without you, I wouldn't have known about this great rate. I know that many of us purchased these PenFed CDs approximately 5 years ago. To make ...
by Colorado13
Wed Dec 19, 2018 10:05 pm
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 61
Views: 7473

Re: Too much house? (nervous 1st time buyer)

I bought my first house when I was in my early 20's and single. It worked out fine. Homes are not just for married people. Never married, divorced and widowed people own homes. You don't have to live in a tiny house or an apartment just because others think houses are only for couples. It's normal ...
by Colorado13
Sun Dec 16, 2018 9:42 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 19522

Re: Favorite Purchase of 2018?

A new mattress. It was an overdue and not an inexpensive purchase, but has made a substantial difference in the quality of my sleep.
by Colorado13
Sun Dec 16, 2018 9:39 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 580
Views: 59771

Re: What frugal thing did you do today?

I was online at Target.com and filled my shopping cart with a couple of items. Then I had a debate with myself about needs vs. wants and my desire for early retirement. Then I logged off of Target.com and walked away from the computer... Also in the "I saved money by not buying this" is a smartwatch...
by Colorado13
Thu Dec 13, 2018 9:02 pm
Forum: Personal Consumer Issues
Topic: Impressed with Ally's Customer Service (via phone)
Replies: 4
Views: 394

Impressed with Ally's Customer Service (via phone)

I called Ally Bank with a question about my account and had a very positive experience with the associate who assisted me. Over the years, I have been consistently impressed with the responsiveness from Ally that I've received over the phone. It's such a rarity these days for companies to offer grea...
by Colorado13
Fri Nov 30, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Restaurant Budget
Replies: 113
Views: 6749

Re: Restaurant Budget

The big three expenses for everyone are: housing, transportation, food My big three are actually income taxes, property taxes, and insurance. Fun stuff. So, my spending is probably not typical. However.... given the OP's income, $700/month seems like a lot of money for restaurant expenses. But if t...
by Colorado13
Fri Nov 30, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Restaurant Budget
Replies: 113
Views: 6749

Re: Restaurant Budget

MathWizard wrote:
Thu Nov 29, 2018 2:34 pm
When not on vacation, we probably go out maybe once a month.
We drink water with meals. Bill is typically a $10/person in a cheap place
$20/person in an expensive place.
Same here. My annual budget = OP's monthly budget.
by Colorado13
Fri Nov 30, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: Mattress Reco
Replies: 21
Views: 1775

Re: Mattress Reco

I made a recent mattress purchase and lounged on a couple of Purple mattresses (but not the other brands you mentioned.) I didn't purchase the Purple because it had a strong odor (although I liked the feel of the mattress.) The salesperson indicated that the odor would go away after airing it out in...
by Colorado13
Fri Nov 30, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Laid Off, Considering Multiple Options - Which Would You Recommend?
Replies: 48
Views: 7255

Re: Laid Off, Considering Multiple Options - Which Would You Recommend?

OP here: The perspectives and advice that everyone shared here were so valuable that I wanted to close the loop to let you know what happened, and what I learned. Outcome: I ended up accepting another role within same company with a great team and more responsibility. Learnings: For me, this was a ...
by Colorado13
Fri Nov 30, 2018 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Significant Change in Salary - What to Change
Replies: 24
Views: 3401

Re: Significant Change in Salary - What to Change

" I still haven't seen the details to their benefits package yet" This is really concerning to me. You have accepted a job without insights into the benefits package? I recommend that you follow up on this ASAP. A 50% raise is wonderful - congratulations! But how do you even know you will have acces...
by Colorado13
Thu Nov 29, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Warm Sleepwear
Replies: 21
Views: 2523

Re: Warm Sleepwear

If you are considering bedding rather than sleepwear, I HIGHLY recommend Cuddle Duds brand fleece (not flannel) sheets from Kohls. I've given them as gifts to family in the north and everyone who has received them loves them.
by Colorado13
Thu Nov 29, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 7543

Re: Employeer taking vacation days on public holidays - is this legal or normal?

Yup! That was the 'useful' fact I learned from this thread. I'm not sure fact is the right word there. What would you suggest we call it? As noted above, a misunderstanding as doctors can't take commissions. If a surgeon, as in the earlier example in this thread, is paid by the number of surgeries ...
by Colorado13
Wed Nov 28, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: What's your safety number?
Replies: 24
Views: 2423

Re: What's your safety number?

I don't have disposable income. I think if you have disposable income you feel a need to dispose of it. :) I'm pretty much maxing out 401k and HSA, and I'm sending some money to Ally and Vanguard every month. When enough collects in my checking account, I send a lump sum to Vanguard. I do something...
by Colorado13
Wed Nov 28, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: Electricity bill should be 7% per month of home sq footage.
Replies: 66
Views: 3997

Re: Electricity bill should be 7% per month of home sq footage.

My gas + electric is closer to 3-4% of square footage per month (depending on time of year obviously. Winter heating is on the upper range of that.)
by Colorado13
Tue Nov 27, 2018 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 7543

Re: Employeer taking vacation days on public holidays - is this legal or normal?

One of my friends works for a very large medical system and receives 4 weeks of PTO per year. The PTO must be used for holidays (9-10 per year, I would need to verify the exact #) and for non-holiday paid time off. The medical system includes a hospital, so there are no days when they are closed.
by Colorado13
Tue Nov 27, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 444
Views: 54763

Re: Name something you had to have and now you regret purchasing it?

A pair of Saucony shoes that were on sale. I've never had a pair of shoes squeak as much as these do. I'm sticking to Nike from here out. I've had many pairs of Nike in the past and they never squeaked on me. Also, undershirts that don't have a bit of spandex in them to hold their shape. My current...
by Colorado13
Sun Nov 18, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: New Crossover Confusion.....
Replies: 26
Views: 2218

Re: New Crossover Confusion.....

whr19606 wrote:
Sun Nov 18, 2018 8:26 am
Subaru Forester or CrossTrek.

+1 for pre-owned
by Colorado13
Sun Nov 18, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: New Crossover Confusion.....
Replies: 26
Views: 2218

Re: New Crossover Confusion.....

Have you driven these vehicles? I ask because I was set on buying the Mazda CX-5 due to good reviews from friends and Consumer Reports, etc. Then I drove one (multiple times.) It was fun to drive, but I thought the seats were as hard as a rock, so found it very uncomfortable. YMMV, obviously. It's a...
by Colorado13
Fri Nov 16, 2018 8:58 pm
Forum: Personal Consumer Issues
Topic: Do I need an Amazon Echo??.....
Replies: 82
Views: 8552

Re: Do I need an Amazon Echo??.....

I received one as a gift and sold it on Craigslist. I didn't think I needed it and didn't want it.