Search found 5216 matches

by madbrain
Sat Aug 24, 2019 3:20 am
Forum: Personal Finance (Not Investing)
Topic: FMLA combined limit for spouses with same employer
Replies: 15
Views: 968

Re: FMLA combined limit for spouses with same employer

mariezzz wrote:
Fri Aug 23, 2019 2:19 pm
All you can do is have one of you find a job at another employer ...
Except you need 12 months of employment with a company to be eligible for an FMLA, so this would need to be planned in advance.
by madbrain
Tue Jun 18, 2019 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Article on high deductible health plans - and the math
Replies: 120
Views: 9784

Re: Article on high deductible health plans - and the math

This would be true only if everything else was equal. But you are talking about two different insurers, likely with completely different networks, different max OOP, and different levels of copays/coinsurance as well once the deductible - if any - is met. There are really quite a few variables to t...
by madbrain
Sun Jun 16, 2019 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Article on high deductible health plans - and the math
Replies: 120
Views: 9784

Re: Article on high deductible health plans - and the math

I actually heard a version of this argument a few years ago on the radio in DC during the federal goverment's open season. One insurer which didn't offer an HDHP said, "Could you afford to pay the $3000 deductible with an HDHP?" In fact, the HDHP with a $3000 deductible cost $1500 less than this co...
by madbrain
Wed May 22, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Health Shares - Need your opinion!?
Replies: 44
Views: 2838

Re: Health Shares - Need your opinion!?

How would anyone accrue a million dollar hospital bill? Maybe over years and years? Maybe with very specialized unorthodox treatments. Even then how would a million dollars accrue? I had open Heart surgery. Hospital bill was 123k. Insurance paid 36k. Hospital wrote off the rest. I had a 4 day hospi...
by madbrain
Wed May 22, 2019 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Health Shares - Need your opinion!?
Replies: 44
Views: 2838

Re: Health Shares - Need your opinion!?

bottlecap wrote:
Wed May 22, 2019 4:23 pm
People don't insure for $700k in medical bills. They file bankruptcy.
What about $60k/year in medical bills for prescriptions ? You can't file bankruptcy for those.
by madbrain
Wed May 22, 2019 4:34 pm
Forum: Personal Investments
Topic: Should I rollover my 401k from old megacorp to new megacorp?
Replies: 36
Views: 2150

Re: Should I rollover my 401k from old megacorp to new megacorp?

One of the biggest problems with this is the time it takes to liquidate the funds, get a check from the old 401k custodian, send it to the new 401k custodian, have it deposited, and invested. This is a process that can take weeks or more. During that time, you will be uninvested. The market can move...
by madbrain
Thu May 02, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: 1 stage or 2 stage refinance?
Replies: 31
Views: 2363

Re: 1 stage or 2 stage refinance?

most boglehead don't understand the startup dance, and neither seems do you. The thing is, if you do a hit a successful startup you have the ability to pay 15% tax rate on half your salary (assuming your salary is half equity) vs marginal tax rate. EG you're a software engineer and make 150k base s...
by madbrain
Thu May 02, 2019 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: 1 stage or 2 stage refinance?
Replies: 31
Views: 2363

Re: 1 stage or 2 stage refinance?

Fyi. Madbrain has a net worth of 2.8 million and no mortgage. Let’s be respectful to each other. Thank you ! I am not just mortgage free but soon to completely debt-free as I paid off one car yesterday, and likely will pay off the other one soon. I also have never had one cent of student loan, neve...
by madbrain
Thu May 02, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: 1 stage or 2 stage refinance?
Replies: 31
Views: 2363

Re: 1 stage or 2 stage refinance?

Madbrain, u have a lot to learn. Maybe, but the thing is, I also didn't have to spend $400k in student loans to learn it. Most people worth over a million have way bigger debt loads than me. A house in a good school district around here within 20m of a high paying job is 2m. Most of these high earn...
by madbrain
Thu May 02, 2019 2:34 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1053
Views: 294056

Re: Share your net worth progression

All values are of 12/31 of each year, except for 2019. 2007 : $688k 2008 : $521k (financial crisis) 2009 : $620k 2010 : $651k . Bought new home. 2011 : $1070k (inheritance) 2012 : $1359k . Sold my old home after prices rebounded a little. 2013 : $1540k 2014 : $1650k 2015 : $1666k 2016 : $1875k 2017 ...
by madbrain
Thu May 02, 2019 2:09 am
Forum: Personal Finance (Not Investing)
Topic: 1 stage or 2 stage refinance?
Replies: 31
Views: 2363

Re: 1 stage or 2 stage refinance?

I dont understand how I'm taking a bigger risk than your typical. ... If I lost my job, my property would still bring in $2k per month cash flow including the roof over my head and utilities. Most people do not own multi-unit properties. You do realize that in a recession, tenants can leave also, i...
by madbrain
Wed May 01, 2019 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: 1 stage or 2 stage refinance?
Replies: 31
Views: 2363

Re: 1 stage or 2 stage refinance?

You need to take a Dave Ramsey class. I know. i'm only worth $1m now after 6 years of working. How much do you think I'd be worth if I followed his advice from 2013 until now? Working 6 years at $150k annual income and being worth $1M is actually really good. That's a net worth greater than all you...
by madbrain
Tue Apr 30, 2019 3:33 pm
Forum: Personal Consumer Issues
Topic: Men & Women: What do you pack for travel inside 1 carry-on luggage only??
Replies: 169
Views: 11933

Re: Men & Women: What do you pack for travel inside 1 carry-on luggage only??

Getting back to medication - has anyone had issues crossing borders and not bringing each medication in the original prescription bottle? The bulk can add up pretty quickly. Taking the written prescription from the pharmacy + 7 day containers or one container with a set of pills is much more effici...
by madbrain
Sun Apr 14, 2019 1:32 am
Forum: Personal Investments
Topic: pros and cons for rollover to tIRA or other 401k from previous employer
Replies: 103
Views: 4948

Re: pros and cons for rollover to tIRA or other 401k from previous employer

The only date that IRS cares about is 12/31/20xx, where 20xx is the calendar year for which you are filing the tax return for. As of that date, the balance in Traditional IRAs of any sort should be zero. That is true for IRA conversions. But for IRA contributions, you have until 4/15/20xx+1, even t...
by madbrain
Sun Apr 14, 2019 1:30 am
Forum: Personal Investments
Topic: pros and cons for rollover to tIRA or other 401k from previous employer
Replies: 103
Views: 4948

Re: pros and cons for rollover to tIRA or other 401k from previous employer

I'm not sure if this is really true. I have done rollovers in the last couple of years and it was done within 5-7 business days. I did one last august. It took more. The existing custodian was Fidelity. I asked and paid for overnight shipping. They still took 4 business days before they cut the che...
by madbrain
Sun Apr 14, 2019 1:27 am
Forum: Personal Investments
Topic: pros and cons for rollover to tIRA or other 401k from previous employer
Replies: 103
Views: 4948

Re: pros and cons for rollover to tIRA or other 401k from previous employer

If this is a direct rollover to an IRA does this not minimize the time out of the market to like 2 weeks? 2 weeks out of the market can mean massive underperforming. Just look at the returns of the S&P500 of the last 2-3 weeks, for example. And I was referring to 401k to 401k transfer, with no IRA ...
by madbrain
Sat Apr 13, 2019 2:14 am
Forum: Personal Consumer Issues
Topic: Received wrong vaccine...
Replies: 34
Views: 3243

Re: Received wrong vaccine...

I just checked the summary paper of my last visit, and the doctor wrote he'd order Vaccine A, F and G (only A is CDC-recommended for my age group). Then I now got Vaccine A and E. It looks like it was just random... I'll try calling the clinic again, but it's hard to speak with the doctor without a...
by madbrain
Sat Apr 13, 2019 1:42 am
Forum: Personal Consumer Issues
Topic: Received wrong vaccine...
Replies: 34
Views: 3243

Re: Received wrong vaccine...

I'm a doctor, but if I had a person like you (no offense meant) who is VERY specific about wanting x, y, and z for whatever reason I would just say no thanks and tell you to find another doctor as I don't like to be told how to practice. Do you really think a patient requesting CDC-recommended vacc...
by madbrain
Sat Apr 13, 2019 1:32 am
Forum: Personal Investments
Topic: pros and cons for rollover to tIRA or other 401k from previous employer
Replies: 103
Views: 4948

Re: pros and cons for rollover to tIRA or other 401k from previous employer

Of course, this only works if you have a sizable portfolio in the newer 401k in the first place. If you have started the new job just weeks or at most months ago, the entire balance would not be enough to compensate, to bring your asset allocation up to the desired level. Yeah, this really doesn't ...
by madbrain
Fri Apr 12, 2019 5:59 pm
Forum: Personal Consumer Issues
Topic: YouTube TV is increasing their price - will you cancel it?
Replies: 63
Views: 5326

Re: YouTube TV is increasing their price - will you cancel it?

$112 total. 280+ channels, 200 mbps internet download. More channels and speed then I will ever fully utilize. I would like to find an alternative. Still looking. Not bad. I have more speed, but far fewer TV channels, at about $129 total. Unfortunately there is no other local competition. AT&T does...
by madbrain
Fri Apr 12, 2019 5:56 pm
Forum: Personal Investments
Topic: pros and cons for rollover to tIRA or other 401k from previous employer
Replies: 103
Views: 4948

Re: pros and cons for rollover to tIRA or other 401k from previous employer

One of the biggest cons of rolling over 401ks is that you will be uninvested for some period of time. Your old 401k assets are first liquidated, then the company sends you a check, then you have to send that check to the new 401k provider, then it gets deposited, then you select the investments. Thi...
by madbrain
Fri Apr 12, 2019 5:13 pm
Forum: Personal Consumer Issues
Topic: YouTube TV is increasing their price - will you cancel it?
Replies: 63
Views: 5326

Re: YouTube TV is increasing their price - will you cancel it?

I only used YTTV and the others for the free trial period. I didn't run across a case where a show recorded to the cloud DVR didn't allow FF, but my experience was certainly not exhaustive. My use case was watching new NCIS episodes on my local CBS channel recorded through Youtube TV a few hours be...
by madbrain
Fri Apr 12, 2019 5:11 pm
Forum: Personal Consumer Issues
Topic: YouTube TV is increasing their price - will you cancel it?
Replies: 63
Views: 5326

Re: YouTube TV is increasing their price - will you cancel it?

This is becoming true with most of the streaming choices - you need a DVR with a hard drive to avoid that. Unfortunately, if you have storms with the cable out - you record nothing (you have to watch it on demand which is like watching the streaming version). For those of us who binge weeks after t...
by madbrain
Fri Apr 12, 2019 4:58 pm
Forum: Personal Consumer Issues
Topic: YouTube TV is increasing their price - will you cancel it?
Replies: 63
Views: 5326

Re: YouTube TV is increasing their price - will you cancel it?

I was thinking about using YouTube TV, but now that you have let me know about the price increase I will not do this. I will just keep my Xfinity Double Play (280+ channels plus extremely fast internet). Much better value overall. How much are you paying for it, and how high is the speed ? I pay $8...
by madbrain
Fri Apr 12, 2019 4:48 pm
Forum: Personal Consumer Issues
Topic: YouTube TV is increasing their price - will you cancel it?
Replies: 63
Views: 5326

Re: YouTube TV is increasing their price - will you cancel it?

Just curious...how is Dish cheaper than Youtube? Your post caught my eye so I checked out Dish's website and the cheapest package I can find as a new customer is $60/mo and that doesn't include any add-ons (additional tv DVRs, etc.). I'm paying $39.79 total per month currently . I have a single Dis...
by madbrain
Fri Apr 12, 2019 4:44 pm
Forum: Personal Consumer Issues
Topic: YouTube TV is increasing their price - will you cancel it?
Replies: 63
Views: 5326

Re: YouTube TV is increasing their price - will you cancel it?

Even when you've scheduled something to record, you can't always fast forward through commercials. In some cases the network will have an agreement with YouTubeTV where they won't let you watch the version you recorded and instead force you to watch the On Demand version with unskippable commercial...
by madbrain
Fri Apr 12, 2019 3:48 pm
Forum: Personal Consumer Issues
Topic: YouTube TV is increasing their price - will you cancel it?
Replies: 63
Views: 5326

Re: YouTube TV is increasing their price - will you cancel it?

I signed up for a trial of Youtube TV so I wouldn't miss the shows. When the power came back, I tried watching the shows. The experience was just horrid. It wasn't possible to skip commercials at all on those new CBS shows ! Every single one had to be watched. Even if fast-forwarding ! This is no D...
by madbrain
Fri Apr 12, 2019 3:36 pm
Forum: Personal Consumer Issues
Topic: If you have a serious health problem, do you retire or?
Replies: 50
Views: 6847

Re: If you have a serious health problem, do you retire or?

It really depends how serious and what the prognosis is. My father was diagnosed with stage 4 pancreatic cancer in 2010 at the age of 67. He passed away at 60 days from that diagnosis. The last 45 days were spent in the hospital. He was already retired, but if he hadn't been, continuing to work simp...
by madbrain
Fri Apr 12, 2019 3:09 pm
Forum: Personal Consumer Issues
Topic: YouTube TV is increasing their price - will you cancel it?
Replies: 63
Views: 5326

Re: YouTube TV is increasing their price - will you cancel it?

I had a power outage a few weeks ago on a day that 3 of my favorite were supposed to be recording on my Dish satellite DVR. I signed up for a trial of Youtube TV so I wouldn't miss the shows. When the power came back, I tried watching the shows. The experience was just horrid. It wasn't possible to ...
by madbrain
Fri Apr 12, 2019 1:30 am
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 21567

Re: Talk me in/out of $35k Tesla Model 3

If OP didn't pull the trigger yet, he missed his chance.
The Tesla model 3 is no longer $35k.

https://electrek.co/2019/04/11/telsa-35000-model-3/
by madbrain
Tue Apr 09, 2019 1:58 am
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 21567

Re: Talk me in/out of $35k Tesla Model 3

I would not be surprised if in a few years, cars are built that will go 1000 miles on a charge and will fully charge in the time it takes to fill up your gas tank. Frankly, there is a diminishing return between 300 miles and 1000 miles on a single charge. Unless there is no price difference (ie. no...
by madbrain
Thu Apr 04, 2019 11:29 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 21567

Re: Talk me in/out of $35k Tesla Model 3

You make good points... Are there any plug-in hybrids that just have a built in gas generator? The Chevrolet Volt, depending on what you call "just". https://www.plugincars.com/exclusive-chevrolet-volt-chief-engineer-explains-volt-drivetrain-says-volt-electric-vehicle-90758.ht It's certainly not si...
by madbrain
Wed Apr 03, 2019 3:19 pm
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 17889

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

Of those who are pushed out in their 40s or 50s..... Are they the ones that jump from job to job to maximize their incomes and eventually price themselves out of the market? Or are the ones who tend to work for below market wages (in exchange for more "security", more work-life balance, etc) just a...
by madbrain
Wed Apr 03, 2019 3:15 pm
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 17889

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

Of those who are pushed out in their 40s or 50s..... Are they the ones that jump from job to job to maximize their incomes and eventually price themselves out of the market? Or are the ones who tend to work for below market wages (in exchange for more "security", more work-life balance, etc) just a...
by madbrain
Sat Mar 23, 2019 6:37 pm
Forum: Personal Investments
Topic: Does backdoor Roth fall under the $56,000 contribution limit?
Replies: 5
Views: 727

Re: Does backdoor Roth fall under the $56,000 contribution limit?

Hi Bogleheads, In 2019, I will take advantage of post-tax 401k contributions and then convert them to a Roth 401k. The IRS limit for defined contribution plans is $56,000. Does that limit also apply to Backdoor Roth IRA. My plan is to add $62,000 to my 401k and Roth IRA as shown below. Is this okay...
by madbrain
Wed Mar 20, 2019 3:37 pm
Forum: Personal Investments
Topic: The case for 100% equities
Replies: 199
Views: 13950

Re: The case for 100% equities

One thing to note is that the worst ever rolling 10 year return on the S&P500 including dividends is -5.9% **inflation adjusted**. That is the WORST EVER rolling 10 year period in history. The median was 8.48% and the maximum was 21.17%. Source: https://dqydj.com/sp-500-historical-return-calculator...
by madbrain
Tue Mar 19, 2019 6:09 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 814
Views: 95603

Re: That's enough for me in 2019

gmaynardkrebs wrote:
Mon Mar 18, 2019 10:45 pm
Sorry for your medical problems. You are in your 40s?
Thanks. Unfortunately, the list of chronic conditions only keeps growing. Latest is osteoporosis with a -4.0 DEXA t-score on spine.
by madbrain
Mon Mar 18, 2019 8:19 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 814
Views: 95603

Re: That's enough for me in 2019

For some couples, 1.5 million will barely cover the lifetime cost of their healthcare. Let alone housing, food, transportation, and anything else. Inflation aside, $1.5M @ 3% dividends is $45K per year pre-tax. Don't forget to include that in the dent it makes in paying for HC, housing, food, etc. ...
by madbrain
Mon Mar 18, 2019 4:39 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 814
Views: 95603

Re: That's enough for me in 2019

carol-brennan wrote:
Sun Mar 17, 2019 5:44 pm
Some people need more money to spend on junk or to support the junk they already possess.
For some couples, 1.5 million will barely cover the lifetime cost of their healthcare. Let alone housing, food, transportation, and anything else.
by madbrain
Mon Mar 18, 2019 4:35 pm
Forum: Personal Consumer Issues
Topic: What are the purposes of your travels?
Replies: 60
Views: 3944

Re: What are the purposes of your travels?

I'm afraid I'm not allowed to discuss this on Bogleheads.
by madbrain
Thu Mar 07, 2019 10:16 pm
Forum: Investing - Theory, News & General
Topic: Company ESPP - share price drop after purchase
Replies: 32
Views: 1910

Re: Company ESPP - share price drop after purchase

The point is to have a qualifying disposition. There are cases where there are sizable gains between offering date and exercise date. I am not sure if all ESPP plans have the "lower price" option but it's pretty standard. Not all plans do. Many companies changed to a discount only on the exercise d...
by madbrain
Wed Mar 06, 2019 6:12 pm
Forum: Investing - Theory, News & General
Topic: Company ESPP - share price drop after purchase
Replies: 32
Views: 1910

Re: Company ESPP - share price drop after purchase

Yes, my company’s plan is about as bad as it can get. BUT it’s still close to free money. I used to work for a company with only a 5% discount on purchase date, every 6 months. I almost never realized the full 5% discount, as the shares always dropped between the date of purchase and the data they ...
by madbrain
Sun Mar 03, 2019 4:47 pm
Forum: Personal Consumer Issues
Topic: Men & Women: What do you pack for travel inside 1 carry-on luggage only??
Replies: 169
Views: 11933

Re: What do you pack for international vacation travel??

Key is BIT: Buy It There. Frankly, I don't buy it. At all. Even if you can find it there, you will be spend valuable time on your vacation doing so. Then you will have to bring it back, and have a heavier luggage on the way back, unless you plan on disposing of it before then. I always pack as much...
by madbrain
Sun Mar 03, 2019 4:41 pm
Forum: Investing - Theory, News & General
Topic: Do houses grow tax free?
Replies: 98
Views: 5188

Re: Do houses grow tax free?

I'm not so sure. Unless you live in the proverbial "van by the river" or with someone else who is, you cannot get away from paying property taxes . Either you're paying them out of your own pocket, your mortgage company is paying them on your behalf via escrow, or you're paying them through rent pa...
by madbrain
Sat Mar 02, 2019 11:06 pm
Forum: Personal Investments
Topic: Mega backdoor Roth Turbotax headache
Replies: 19
Views: 1938

Re: Mega backdoor Roth Turbotax headache

I think I finally made sense of those numbers. The Fidelity 2017 1099-R has box 1 $23,554.85 box 2a $363.11 box 5 $23,191.74 box 7 : code G This was entered in Turbotax 2017 as-is with no issue. It corresponded to the first in-plan rollover, and resulted in $363.11 of taxable earnings when following...
by madbrain
Sat Mar 02, 2019 9:41 pm
Forum: Investing - Theory, News & General
Topic: Do houses grow tax free?
Replies: 98
Views: 5188

Re: Do houses grow tax free?

Just for the sake of learning. Assuming someone living in a state that exempts his primary residency from capital gains taxes if sold, up to $500,000. And as a result, let's say he would then sell the house after some decent appreciation without paying capital gain taxes. Can we safely (from only t...
by madbrain
Sat Mar 02, 2019 6:28 pm
Forum: Personal Investments
Topic: Mega backdoor Roth Turbotax headache
Replies: 19
Views: 1938

Re: Mega backdoor Roth Turbotax headache

Ah, indeed. But if that's the case, for the first 1099-R , why are the box 1 and box 5 amounts different ? Box 1 matches exactly what went to the Roth IRA. Box 5 is your “contributions” part of the Roth IRA rollover on that form, which should be the total of all your Ater-tax contributions plus the...
by madbrain
Sat Mar 02, 2019 3:16 am
Forum: Personal Consumer Issues
Topic: Men & Women: What do you pack for travel inside 1 carry-on luggage only??
Replies: 169
Views: 11933

Re: What do you pack for international vacation travel??

Our carry ons usually have 10lbs of pharmaceuticals, and 10 lbs of cameras.
The other 40lbs with clothes and toiletry are checked in. We usually come back with 80lbs+ so we have started packing empty suitcases into the larger ones as well.
by madbrain
Sat Mar 02, 2019 3:12 am
Forum: Investing - Theory, News & General
Topic: Why does dividend investing not work?
Replies: 174
Views: 22214

Re: Why does dividend investing not work?

Pretty sure that the original idea was that an unrealized 10% capital gain is not even a taxable event while a 10% dividend is, although perhaps paid at a 0% rate. I don't find this response that much of a touche'. You can't spend an unrealized capital gain, though, whereas you can spend the divide...
by madbrain
Sat Mar 02, 2019 2:21 am
Forum: Investing - Theory, News & General
Topic: Mega Backdoor Roth Mechanics Question
Replies: 17
Views: 1225

Re: Mega Backdoor Roth Mechanics Question

I didn't even realize rolling over the gains on after-tax contributions separately from the after-tax contributions was possible. At least, it hasn't been possible with my 2 previous Megacorps that allowed after-tax 401k contributions. When was the last time you checked? The IRS ruling that officia...