Search found 297 matches

by Nukeboilermaker
Tue Apr 30, 2019 2:45 am
Forum: Personal Finance (Not Investing)
Topic: Rolled over and melting down
Replies: 72
Views: 6818

Re: Rolled over and melting down

Why not roll that money over to a roll over IRA with Vanguard or Fidelity? (Edit I missed that last line and this is the nature of your post) I am sure contacting one of those services they would be able to help coordinate such a maneuver. https://investor.vanguard.com/401k-rollover/how-to-roll-over...
by Nukeboilermaker
Mon Jan 07, 2019 3:47 am
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 274
Views: 23815

Re: $40,000 in debt, bankruptcy seems to be the best option right now

I really should be going to bed, but I'm sure the OP/TA is losing sleep about this. So I'll repeat what others have said because i really want to help and I'm the same age. Feel free to even email me (PM sent). 1) This is a household issue, keep your wife heavily involved in this. I agree Dave Ramse...
by Nukeboilermaker
Sat Dec 22, 2018 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: net worth breakdown: 401k, roth, taxable, real estate
Replies: 13
Views: 1493

Re: net worth breakdown: 401k, roth, taxable, real estate

Ahh, well that pretty much answers my question in the other thread about if you favor taxable. :happy i've been maxing my 401k for many years. You can only put in 18500 in a 401k per year... Remember? The rest of the money has to go somewhere (taxable) You should look into whether your 401k plan al...
by Nukeboilermaker
Sat Dec 22, 2018 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: net worth breakdown: 401k, roth, taxable, real estate
Replies: 13
Views: 1493

Re: net worth breakdown: 401k, roth, taxable, real estate

Ahh, well that pretty much answers my question in the other thread about if you favor taxable. :happy i've been maxing my 401k for many years. You can only put in 18500 in a 401k per year... Remember? The rest of the money has to go somewhere (taxable) You should look into whether your 401k plan al...
by Nukeboilermaker
Sat Dec 22, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: net worth breakdown: 401k, roth, taxable, real estate
Replies: 13
Views: 1493

Re: net worth breakdown: 401k, roth, taxable, real estate

I live very comfortably and took about an 80k loss 2 years ago on home sale due to job relocation (it's probably still worth every penny for us still) Retirement Funds (401k and IRAs) ~300k (~60k is rIRAs) Real Estate ~ 60k Taxable ~ 10k (I used to have ESPP that made this much larger) Age: Just Tur...
by Nukeboilermaker
Sat Oct 13, 2018 1:03 pm
Forum: Personal Investments
Topic: Portfolio Guidance
Replies: 8
Views: 693

Re: Portfolio Guidance

Thanks Champ and Exit! I know I have WAAAAY to much in cash for my personal taste. That is as a result of not immediately re-investing after the rollover was completed. That website is going in my bookmarks ASAP. The S&P 500 fund in my 401k is really good so I liked Champs suggestion of going 100% i...
by Nukeboilermaker
Sat Oct 13, 2018 11:31 am
Forum: Personal Investments
Topic: Portfolio Guidance
Replies: 8
Views: 693

Re: Portfolio Guidance

Shameless Bump since post has been updated with information
by Nukeboilermaker
Fri Oct 12, 2018 3:31 pm
Forum: Personal Investments
Topic: Portfolio Guidance
Replies: 8
Views: 693

Re: Overdue Portfolio Review/Audit

In your tax advantaged accounts I would just put it all in VTIVX and throw money at it like mad. Keep it simple. I've contemplated before about putting all of the funds into target retirement accounts. It's something I'll consider for sure if I want to be very passive. P.S. The original post has be...
by Nukeboilermaker
Thu Oct 11, 2018 6:16 pm
Forum: Personal Investments
Topic: Portfolio Guidance
Replies: 8
Views: 693

Re: Overdue Portfolio Review/Audit

Thanks, any tips for importing a formatted table? That would likely make it much easier as that info is on the table, the formatting before was making it congested and impossible to read.
by Nukeboilermaker
Thu Oct 11, 2018 5:45 pm
Forum: Personal Investments
Topic: Portfolio Guidance
Replies: 8
Views: 693

Portfolio Guidance

Hey Bogleheads, I changed jobs a couple years ago and relocated to Georgia from Illinois. I transferred my 401k to my vanguard IRA but never really reinvested back into the market (still in Vanguard Federal Brokerage Money Market acct). I’m trying to decide how to reinvest the sum of money, should I...
by Nukeboilermaker
Thu Jan 08, 2015 12:11 am
Forum: Investing - Theory, News & General
Topic: Filling Tax Bracket Graphic?
Replies: 13
Views: 3632

Re: Filling Tax Bracket Graphic?

That's helpful, but I was more looking on how the various income sources "Fill" the various tax brackets. So during retirement, 60k of Pension/SS would fill the 0 to 25% tax bracket for a single filer. The question then becomes how would taxable investing (long term gains), 401k/IRA withdrawals, and...
by Nukeboilermaker
Wed Jan 07, 2015 9:55 pm
Forum: Investing - Theory, News & General
Topic: Filling Tax Bracket Graphic?
Replies: 13
Views: 3632

Filling Tax Bracket Graphic?

All, I recall seeing a graphic that shows how a tax bracket is filled (in this case during retirement). For example, a graphic that shows the tax bracket/dollar amount and where the money comes from via: Roth 401k/IRA, Traditional IRA/401k, Social Security, Regular Income, Long Term Gains, taxable i...
by Nukeboilermaker
Mon Nov 03, 2014 12:40 am
Forum: Personal Investments
Topic: Should I refi with MAX cashout????
Replies: 9
Views: 1200

Re: Should I refi with MAX cashout????

I wouldn't do it, if you want to free up your cash flow to invest I would pay off that mortgage. You could use all that cash sitting there to make a large payment, some banks will recalculate your mortgage payment for free or a fairly small fee. But if you really wanted I bet you could pay off the m...
by Nukeboilermaker
Mon Sep 01, 2014 10:03 am
Forum: Investing - Theory, News & General
Topic: A Low-Return Future? Are We Prepared?
Replies: 189
Views: 17870

Re: A Low-Return Future? Are We Prepared?

Remain calm! All is well! There are a number of ways around lower returns, all of which requires some level of sacrifice: save more, lower your expectations of what retirement may look like, work longer, reduce consumption now . I expect this will work for the majority of Bogleheads, it will not wo...
by Nukeboilermaker
Sun Aug 31, 2014 9:27 pm
Forum: Investing - Theory, News & General
Topic: How to become a millionaire retiree -- then and now
Replies: 67
Views: 12642

Re: How to become a millionaire retiree -- then and now

We are talking about the same equivalent purchasing power correct? If so, then I'm certainly on pace to retire comfy with my savings rate (28 years old).

Funny to watch you "wise" ones banter about starting pay...
by Nukeboilermaker
Sat Aug 30, 2014 9:08 am
Forum: Personal Investments
Topic: [Sell off individual stocks?] How many own zero/few stocks?
Replies: 68
Views: 5203

Re: Poll: How many own zero/few stocks?

The third is an ESPP (employee stock purchase) that I have confidence in, as I'm an indexer but still believe in this stock. I plan to sell the ESPP stock when the portfolio value reaches a target point/value (approximately every 4 to 6 years). With that money I will divide it into fourths and appl...
by Nukeboilermaker
Fri Aug 29, 2014 8:31 am
Forum: Personal Investments
Topic: [Sell off individual stocks?] How many own zero/few stocks?
Replies: 68
Views: 5203

Re: Poll: How many own zero/few stocks?

I'm in a similar situation as you (28 years old), I own 3 stocks two of which were gifts from family members and the third is my ESPP. I am selling the 2 stocks that my family gave me here very soon as we're building a home. I don't think they would want it any other way knowing they contributed to ...
by Nukeboilermaker
Thu Aug 28, 2014 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Who else's IRA would you (do you) fill?
Replies: 18
Views: 1673

Re: Who else's IRA would you (do you) fill?

I max out my wife's in either Roth or Traditional (preferred). I have been trying to think of ways to create a Roth for my daughter (16 months old) though i couldn't afford to max that out until a couple years down the road due to an up coming home purchase. The best way I can think of doing it thou...
by Nukeboilermaker
Mon Aug 25, 2014 8:15 pm
Forum: Personal Consumer Issues
Topic: When to leave a neighborhood for greener pastures?
Replies: 46
Views: 6634

Re: When to leave a neighborhood for greener pastures?

I was kind of in a similar situation, but still had 12 years left on the 15 year mortgage and knew the house was 1-3 years away from needing a 10-12k roof (145k house). I'm also married with a daughter and pets and had the opportunity to cut my commute from 45min to 25min each way. We were also unde...
by Nukeboilermaker
Sat Aug 23, 2014 3:34 am
Forum: Personal Consumer Issues
Topic: Do you tip on the tax? [Restaurants]
Replies: 124
Views: 9453

Re: Do you tip on the tax? [Restaurants]

I keep it simple, I tip $2 for every $10 on my total bill, if the service was subpar I may deviate slightly lower, if the service was good I will round up on top of that. If excellent I usually tip 25 to 30% for top notch food and service. But 80% of the time it's $2/every $10 rounded up to a whole ...
by Nukeboilermaker
Sat Apr 19, 2014 11:55 am
Forum: Investing - Theory, News & General
Topic: NYT: Re-education of a Brash Young Stock Picker
Replies: 23
Views: 4539

Re: NYT: Re-education of a Brash Young Stock Picker

This was a good article. It is pretty sobering when folks like Warren Buffett and Peter Lynch say that most people should buy and hold the broad index funds. Outperforming the market CAN be done but few do it consistently and the longer the time frame, the longer the odds. I still own individual st...
by Nukeboilermaker
Fri Apr 18, 2014 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: ESPP Shares - What to do?
Replies: 19
Views: 3516

Re: ESPP Shares - What to do?uarter

I am an imperfect Boglehead. Part of my investment philosophy is to minimize taxes by buying and holding until retirement (the only exception being when I bought and eventually paid off my house by selling ESPP). Once I retire my tax rate will be lower thanks to lower income and (possibly) relocati...
by Nukeboilermaker
Sun Apr 06, 2014 9:27 pm
Forum: Personal Investments
Topic: Illinois tax question
Replies: 19
Views: 1637

Re: Illinois tax question

Illinois is a state where any eligible tIRA withdrawals are tax exempt, a rollover falls in that category as an eligible withdrawal. Not every state has this perk (judging by your verbiage you appear to understand that fed taxes are still due). Cheers, Nuke P.S. Bobs not my name is a great campaigne...
by Nukeboilermaker
Sun Mar 30, 2014 8:43 pm
Forum: Investing - Theory, News & General
Topic: retired at 37?
Replies: 52
Views: 6688

Re: retired at 37?

Mr. Money mustache is a blogging example of extreme retirement.
by Nukeboilermaker
Sun Mar 30, 2014 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Death of co-worker
Replies: 94
Views: 12525

Re: Death of co-worker

Per my title, a co-worker passed away very suddenly last week. Guy was in his late fifties and though I didn't work with him that much I'm trying to get my head around not seeing him in the office any more. He went home, had heart trouble, and that was it. I don't know what his planned retirement a...
by Nukeboilermaker
Sat Mar 29, 2014 11:04 pm
Forum: Personal Investments
Topic: Where to put $10-15K for 2-5 years?
Replies: 25
Views: 3962

Re: Where to put $10-15K for 2-5 years?

Postmon wrote:We answered the question. If you may need the money in the next few years, don't invest it. Leave it in the bank.
I second the motion! +1
by Nukeboilermaker
Sat Mar 29, 2014 10:33 pm
Forum: Personal Investments
Topic: 24, starting new job - advice please!
Replies: 19
Views: 2296

Re: 24, starting new job - advice please!

A few thoughts for what to do when you run out of Roth IRA space: 1) There is no single correct answer. Ultimately you need to find something you're comfortable with. 2) If you don't have a specific goal in mind for the taxable monies, as counter-intuitive as it may seem, my thought is that you sho...
by Nukeboilermaker
Sat Mar 29, 2014 10:05 pm
Forum: Personal Investments
Topic: 24, starting new job - advice please!
Replies: 19
Views: 2296

Re: 24, starting new job - advice please!

Sounds good^, that pretty much incorporates exactly what I suggested. Anything else should go to pad up your savings/efund for the next big purchases such as a home or vehicle/ whatever your life happens to need. Maybe in the future your parents might run on a hard time and that nest egg might take ...
by Nukeboilermaker
Sat Mar 29, 2014 8:13 pm
Forum: Personal Investments
Topic: 24, starting new job - advice please!
Replies: 19
Views: 2296

Re: 24, starting new job - advice please!

Consider maxing out the 401k, then maxing out a Traditional IRA instead of a Roth IRA. I recommended he stick with the Roth as diversification between Roth and traditional retirement accounts, but also because he might be more comfortable saving more (in his 401k) knowing he could fall back on his ...
by Nukeboilermaker
Sat Mar 29, 2014 7:58 pm
Forum: Personal Investments
Topic: 24, starting new job - advice please!
Replies: 19
Views: 2296

Re: 24, starting new job - advice please!

Personally I would not invest in taxable account until I am maxing out tax advantage investments (an employee stock purchase plan could be an exception). Paying your parents back is good and it sounds like you naturally found a comfortable payback rate for both parties. I didn't see anything in your...
by Nukeboilermaker
Sat Mar 29, 2014 6:16 pm
Forum: Personal Investments
Topic: 24, starting new job - advice please!
Replies: 19
Views: 2296

Re: 24, starting new job - advice please!

Thank you for all of the responses so far. At your tax rate and with the excellent choices available I would not contribute to Roth IRA until you max the 401k. This one in particular surprised me because it was something I had never even considered. Basically everything I've read online has advocat...
by Nukeboilermaker
Sat Mar 29, 2014 9:47 am
Forum: Personal Consumer Issues
Topic: Do you have hardwood or tile in your kitchen?
Replies: 70
Views: 7518

Re: Do you have hardwood or tile in your kitchen?

We have tile but it looks just like wood, and many people say they like our wood floors. They are amazed when we tell them its tile. I think it is made by a Finish company but cannot remember the specific name. Our kitchen floors take a lot of abuse with 2 kids under age 4. We are looking to move a...
by Nukeboilermaker
Sat Mar 29, 2014 6:45 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey on Bonds
Replies: 17
Views: 6201

Re: Dave Ramsey on Bonds

How correct is Dave when it comes to bonds. https://www.youtube.com/watch?v=iRtFDvGORQk I've not made made it a big secret that in many ways I'm a fan of Ramsey's "mission" when it comes to day-to-day personal finance and his constant exhortations to save and invest early, often, deliberately, and ...
by Nukeboilermaker
Sat Mar 22, 2014 11:55 am
Forum: Personal Investments
Topic: 10 Reasons to take your pension annuity over a lump sum
Replies: 59
Views: 17651

Re: 10 Reasons to take your pension annuity over a lump sum

I recently took a promotion from union to a company position and in doing so went from a pension plan to a cash balance plan. Like many union pensions it was a pretty good deal, however after I was hired, the union and company changed the retirement plan where the people hired after my class fell in...
by Nukeboilermaker
Thu Mar 13, 2014 10:36 pm
Forum: Investing - Theory, News & General
Topic: How did you decide how much to save?
Replies: 119
Views: 12751

Re: How did you decide how much to save?

I realized that I was fortunate enough to earn an income capable of maxing out tax advantaged accounts so I decided to do that. We live comfortably and I would rather save now and adjust later, pay myself (and family) first then live on the rest. Currently I max out a 401k, 2 IRAs, and ESPP and have...
by Nukeboilermaker
Mon Mar 10, 2014 8:34 pm
Forum: Personal Consumer Issues
Topic: Should we break lease and move closer to work?
Replies: 9
Views: 894

Re: Should we break lease and move closer to work?

I'm going to take a loss on my current home to move to a nicer and closer to work home... It's just one of the sacrifices you may have for better apartment and closer to work. You always need a roof over your head, it's a lifestyle choice and not necessarily an investment to choose your housing.
by Nukeboilermaker
Sun Mar 09, 2014 6:56 pm
Forum: Personal Investments
Topic: 26 Years Old - Roth 401k & Roth IRA?
Replies: 24
Views: 2954

Re: 26 Years Old - Roth 401k & Roth IRA?

I'm in the same industry (central Illinois) I also plan to relocate to a much tax friendlier state so why pay state income tax now? Illinois doesn't tax TIRA withdrawals or conversions (regardless of age), which is pretty tax friendly for retirees. I know, you have taught me this all ready :happy !...
by Nukeboilermaker
Sun Mar 09, 2014 6:38 pm
Forum: Personal Investments
Topic: 26 Years Old - Roth 401k & Roth IRA?
Replies: 24
Views: 2954

Re: 26 Years Old - Roth 401k & Roth IRA?

I am fantastically happy at the amount of help you guys have been. Thank you all so much. Small-cap stocks make up approximately 9% of the total stock market. So when I'm done, my portfolio would consist of 60% US large/mid cap, 20% international, 10% US small cap, and 10% muni bonds. I'm pretty sa...
by Nukeboilermaker
Sat Mar 08, 2014 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have a side job?
Replies: 59
Views: 8689

Re: Do you have a side job?

I have been thinking about finding a way to earn some side income and wondered how common it is here. My job usually only requires 40 hours a week and I don't have much else going on in life besides work, so I often have several hours available on weekdays and full weekend days available. I just fe...
by Nukeboilermaker
Thu Mar 06, 2014 12:15 pm
Forum: Personal Investments
Topic: After Tax 401k vs. Roth 401k - There's a Difference???
Replies: 7
Views: 884

Re: After Tax 401k vs. Roth 401k - There's a Difference???

ChiefIllini wrote: This is probably something that should be covered in the required personal finances courses at all schools...oh wait.
It absolutely should be! I would say in high school too. Welcome to the forum.
by Nukeboilermaker
Thu Mar 06, 2014 10:52 am
Forum: Personal Investments
Topic: After Tax 401k vs. Roth 401k - There's a Difference???
Replies: 7
Views: 884

Re: After Tax 401k vs. Roth 401k - There's a Difference???

A couple years ago some new hires started at my site (same department), one of them was into investing and had all the new hires putting into after tax vs Roth or traditional 401k. I corrected them and explained the difference and a couple of them listened to my methodology of t401k + rIRA vs r401k ...
by Nukeboilermaker
Sat Feb 22, 2014 9:43 am
Forum: Personal Finance (Not Investing)
Topic: What's the Appropriate Net Worth by % for a 27 year old?
Replies: 78
Views: 17626

Re: What's the Appropriate Net Worth by % for a 27 year old?

I'm also 27 and you are doing very well, as are a few other young posters. The people in this forum are all way way above our country, culture, and social averages. My net worth is 225k and I'm clearly saving a much larger percentage of my income than a vast majority of my coworkers. In states such ...
by Nukeboilermaker
Thu Feb 20, 2014 9:23 am
Forum: Personal Investments
Topic: College Town Multifamily Unit
Replies: 15
Views: 1673

Re: College Town Multifamily Unit

If you are renting to college students, expect managing a rental that at peak capacity would have 31 people in it to be a near full-time job... and not one that can wait until morning. With one bathroom for four bedrooms, a clogged toilet is a get-out-of-bed-at-2-am kind of deal. I was both an RA i...
by Nukeboilermaker
Thu Feb 20, 2014 6:25 am
Forum: Personal Investments
Topic: College Town Multifamily Unit
Replies: 15
Views: 1673

College Town Multifamily Unit

Bogleheads, A coworker and I are beginning to research on partnering a purchase of Multifamily unit. The unit is a few blocks from a major university and about a block away from the downtown area. There are 8 total units (7 units: 4 bed/1bath; 1 unit-3 bed/1bath) and each unit rents out for ~1380/mo...
by Nukeboilermaker
Sun Jan 12, 2014 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 712
Views: 119624

Re: High Earners - What's Your Profession?

spankasmurf wrote:Medical Physicist
This is what my education was in. However, I work in Power Generation (Operations) ~150k (currently in training/promotion, ~200k when done in 1.5 years) in the Midwest.
by Nukeboilermaker
Sat Jan 11, 2014 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Investing vs Mortgage Priority
Replies: 22
Views: 3523

Re: Investing vs Mortgage Priority

EDIT: For my situation would you consider if unable to afford a 15 year mortgage and maxing out of all tax advantaged funds that you can not actually afford the home? Caution on using the poll results to decide what to do. Remember that polls are anonymous and you don't know the responder's backgro...
by Nukeboilermaker
Sat Jan 11, 2014 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Investing vs Mortgage Priority
Replies: 22
Views: 3523

Investing vs Mortgage Priority

All, I called into the Dave Ramsey show a few weeks ago and was curious if he thought I could afford to trade up in a home. The result I got was actually a little different than I expected; he said I could easily afford a 350k home with a 15 year mortgage. However, I was saving WAY too much! I made ...
by Nukeboilermaker
Fri Dec 27, 2013 11:38 pm
Forum: Personal Investments
Topic: Large bonus at work paid in Jan 2014
Replies: 13
Views: 1747

Re: Large bonus at work paid in Jan 2014

The lump Sum could be profit sharing as well. My company matches 100% of 4% and if it is done each paycheck. If someone were to max out early they would loose out on the matching on the paychecks after. If company performance meets certain indicator points we also get a 401k profit sharing which jus...
by Nukeboilermaker
Fri Dec 27, 2013 11:12 pm
Forum: Personal Investments
Topic: What size portfolio are you managing Bogle style?
Replies: 48
Views: 5196

Re: What size portfolio are you managing Bogle style?

I'm a pretty new investor(27 yrs old), but after we make our 2013 IRA contributions we should move from the 5 figure (our selection) to 6 figure category. I'm personally looking forward to my 401k breaking the 6 figure mark hopefully in 2-3 years. Btw Dave Ramsey feels I'm saving WAY too much since ...