Search found 2618 matches

by MathWizard
Wed Dec 13, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?
Replies: 31
Views: 1608

Re: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?

Besides the Jan 1 is a trick questions, I assume that you mean contribute in January,

I don't, I contribute for the previous year when I do my taxes. Then I know
whether I can deduct a contribution to a Traditional IRA or not.
by MathWizard
Tue Dec 12, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Vanguard through TIAA-CREF
Replies: 13
Views: 641

Re: Investing in Vanguard through TIAA-CREF

We just finished moving our IRAs from TIAA-CREF. The ER's are high for individual retirement accounts.

My 403b is still there.
by MathWizard
Tue Dec 12, 2017 8:55 am
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 110
Views: 10095

Re: What to do after losing $117k in stock market?

Recognize that you probably did not lose $117K, as most of that was likely a paper loss on volatile stocks. Only count as a loss the money that you put in. Likely that was much less than $177K. If you still have student loans then you are young, so there is time to recover. Think of the money you lo...
by MathWizard
Mon Dec 11, 2017 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Year end review with less nerdy spouse
Replies: 54
Views: 4216

Re: Year end review with less nerdy spouse

I just put together 3 things. Last quarter retirement savings totaled up. Tax planning for next year. We discuss any strategies in Dec. Estimate of what we could spend each year after health insurance and taxes if we both had to retire today. Each year I print out a spreadsheet of withdrawals each y...
by MathWizard
Mon Dec 11, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: What to do when emergency fund runs out? (IPS)
Replies: 8
Views: 1043

Re: What to do when emergency fund runs out? (IPS)

Assuming that I was still working or would be able to work again (layoff) Before 59 1/2: sell taxable withdraw ROTH contributions sell according to AA; maybe exercising 72t rules to avoid 10% penalty for early withdrawal. After 59 1/2: sell taxable sell according to AA, but stay with 15% tax bracket...
by MathWizard
Fri Dec 08, 2017 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: 840 credit score Million dollar farm.. low income cannot get Heloc?
Replies: 64
Views: 4402

Re: 840 credit score Million dollar farm.. low income cannot get Heloc?

This is just another version of being house poor. He has large amounts of assets that are not income producing. That is not a farm, it is an acreage, and one that he cannot afford. If the million dollar farm is not generating at least $40 K/yr , and he does not have much else in income, he should se...
by MathWizard
Fri Dec 08, 2017 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 5710

Re: Mortgage as percentage of take-home pay

I did not go higher than 20% of take-home of the higher earner's salary on a 30 year mortgage. I wanted it to be on a single person's salary. My wife has had to look for another job twice since we bought the house, so it was comforting not to have to depend on her salary for fear of losing our home....
by MathWizard
Fri Dec 08, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7278

Re: At what age your investments start making more money than you?

It may have happened this year, For VTSAX: YTD return 19.96% but these kinds of gains are unsustainable. If they were sustainable, I'd could easily quit. It will never happen if I only assume a 4% return, or even a 7% return (nominal). I earn more than I spend, so I will be able to meet expenses, bu...
by MathWizard
Sun Dec 03, 2017 10:30 pm
Forum: Personal Consumer Issues
Topic: 208 Volt 3 phase
Replies: 13
Views: 1254

Re: 208 Volt 3 phase

It’s is very common to split 208 three phase into 120 V or 220V

PDU strips from APC or Triplite go into the back of racks.
by MathWizard
Sun Dec 03, 2017 4:12 pm
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8315

Re: Growing Number of Electric Vehicles

Load will end up being distributed over time. We already have refueling stations for cars, they are called gas stations. Gas Stations will convert into charging stations, just like they added diesel for cars, E10, E15, E40, E85, and natural gas. Gas stations will continuously be charging into some s...
by MathWizard
Sun Dec 03, 2017 12:02 pm
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 9617

Re: Which crash have you seen it before it is coming?

I completely saw the 2008 housing crash coming, but had no idea when it would happen or how to profit off my knowledge. I also felt it wouldn't really affect me, since I already owned a house. Boy was I wrong about that! +1 My wife and I had EXACTLY the same thoughts. We knew a day of reckoning was...
by MathWizard
Wed Nov 29, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9364

Re: Why should I donate to my alma matter?

Imagine that you have a degree from a private college that went bankrupt. (I know 4 people for which that is true.) Now it probably does not matter, as they are late in their careers, but it seems strange to list a now non-existent school as your alma mater. Do you feel the same way about listing a...
by MathWizard
Wed Nov 29, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9364

Re: Why should I donate to my alma matter?

My reasons: I direct my gift to the departments which I was in which were underfunded, I leave it to their discretion how to spend that money. I also direct funds to a scholarship fund for students. I would not have been able to attend without the scholarship I had, and I want to extend that generos...
by MathWizard
Sun Nov 26, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 9221

Re: Regrets for taking SS at 62 or waiting?

I just checked my SS benefit and here are the numbers: At full retirement age (67): $2,681 a month At age 70: $3,482 a month At early retirement age (62): $1,739 a month 1739/2681=64.86%. Why I have 35% reduction at age 62, instead of 30% reduction. Eric Because retirement at 62 assumes that you ke...
by MathWizard
Sat Nov 25, 2017 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Software and handling of Schedule D
Replies: 15
Views: 1283

Re: Tax Software and handling of Schedule D

I know lots of people who go to a CPA. Turbo Tax at $59 seems quite cheap to me. I used to fill out the forms by hand, but over the years with Schedule C's, Royalties, Schedule D, Education Credits or deductions, dependents, depreciation, and now K1s, having the ability to try options, itemized vs s...
by MathWizard
Sat Nov 25, 2017 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16241

Re: Anyone tired of the stock market going up?

I am not tired of it, but am puzzled/concerned by it. Other than the tech crash, the Schiller PE is at an all-time high and rising. The market is going up, but earnings appear to be going up just enough to pay the dividends. I believe that stock gains in an index ultimately come from the earnings. T...
by MathWizard
Thu Nov 23, 2017 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 91
Views: 5064

Re: Do you include the sale of your home as part of your retirement planning?

Selling our house is the last option if our retirement money is running out. It is nice to have a safety net, but when planning for retirement we exclude the house. +1 Last resort. House value will be in the 10 to 15% of networth when we retire, big enough to be important if we need the money in a ...
by MathWizard
Wed Nov 22, 2017 3:53 pm
Forum: Personal Consumer Issues
Topic: How difficult and expensive to add a new bathroom?
Replies: 34
Views: 2181

Re: How difficult and expensive to add a new bathroom?

I would never consider doing so. A bathroom remodel was about $5K 15 years ago, with my wife and I doing much of the work. This was a down to the studs & floor joists remodel. Your biggest issue with a bathroom is that the toilet needs to be near the stack. Normally, you need to have a relatively st...
by MathWizard
Mon Nov 20, 2017 6:20 pm
Forum: Personal Consumer Issues
Topic: Drive it till it dies. It died.
Replies: 54
Views: 6207

Re: Drive it till it dies. It died.

The transmission (CVT) went out in my 2010 Nissan Murano with 140K miles. It will cost $6,000 to replace the CVT at the dealership. I don't want to put anymore money into the car. I already spent $4,500 earlier this year. How do I sell a car that won't run if I don't trade it in at the dealership? ...
by MathWizard
Fri Nov 17, 2017 4:35 pm
Forum: Investing - Theory, News & General
Topic: Monte Carlo Analysis VS Historical Rolling Periods
Replies: 28
Views: 2126

Re: Monte Carlo Analysis VS Historical Rolling Periods

Jim Otar covers some of this in the following article: http://www.retirementoptimizer.com/articles/mcimca0001.PDF Otar's analysis is spot on. You have to have a model of basic behavior with the correct distribution of behaviors . The model must be based on real behavior, which is past performance, ...
by MathWizard
Tue Nov 14, 2017 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Where to take more risk: 401k or Roth?
Replies: 32
Views: 2946

Re: Where to take more risk: 401k or Roth?

I don’t take more risk, I accept more volatility for a better expected long term return.
I accept the greater volatility in my Roth, since I plan to keep it the longest.

Some might say you should have some
low volatility in your Roth for whatever
portion is your second tier Emergency Fund.
by MathWizard
Thu Nov 09, 2017 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 37729

Re: Did you tell anyone you paid off your mortgage?

I told my kids, and one brother who paid off his house long before I did.
by MathWizard
Thu Nov 09, 2017 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: When did you start investing in taxable accounts?
Replies: 23
Views: 2614

Re: When did you start investing in taxable accounts?

I saved for kids college expenses in taxable, before 529s and Roths were available. Now that I'm over 50, there is enough space in tax advantaged + ROTH that I don't need a taxable brokerage account. I do have EF in savings account, and have used CDs. Even though those are taxable, I assume you mean...
by MathWizard
Thu Nov 09, 2017 6:30 pm
Forum: Personal Consumer Issues
Topic: Best mobile Family Plan for 4 Lines?
Replies: 21
Views: 1159

Re: Best mobile Family Plan for 4 Lines?

Google Fi should be $20 for first phone and $15 each line thereafter, so $65/month for 4, unlimited talk/text. MY $20 has $3 of fees, so perhaps $78 for 4 with fees. This is without data which is $10/GB, and you have to buy the phones, so this may not be comparable to a plan that gives you the phone...
by MathWizard
Thu Nov 09, 2017 6:20 pm
Forum: Personal Consumer Issues
Topic: messages to mobile hotspot?
Replies: 8
Views: 554

Re: messages to mobile hotspot?

I went with a google FI. My Nexus 5x can serve as a hotspot. It is a smartphone, and was $250 for the 32 GB version ($200 for 16GB). The Nexus 5x is nor longer available, so the phones are more expensive now. Unlimited talk/text for $20/month, ($23 after the fees). $10/GB of data used. Additional da...
by MathWizard
Tue Nov 07, 2017 4:45 pm
Forum: Personal Consumer Issues
Topic: DIY vs work extra and pay a pro
Replies: 37
Views: 2889

Re: DIY vs work extra and pay a pro

If you can work extra and not get burned out, it makes sense to do that. Most people cannot do that, so the calculation of DYI/Pro is not very exact. Make sure that in your calculation that you subtract out any extra taxes that you pay for the extra income. A penny saved is worth more than a penny e...
by MathWizard
Mon Nov 06, 2017 2:42 pm
Forum: Personal Consumer Issues
Topic: Climate controlled cars - Useful or Useless?
Replies: 49
Views: 2203

Re: Climate controlled cars - Useful or Useless?

Useful. I've had one since 2002. Separate zones for driver and passenger, which is nice when the sun is warming the driver or passenger, so the control can be lowered for that side of the car. I basically leave the controls withing a few degrees of 70. I like a thermostat in my house, having one in ...
by MathWizard
Thu Nov 02, 2017 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: college kid - give car or put back on my insurance?
Replies: 12
Views: 900

Re: college kid - give car or put back on my insurance?

We kept car and insurance in our name until after college, the gifted car and paid first month's insurance once they got a job. In your case, I'd probably gift the car AND pay the insurance. The worst would be if he did not pay the insurance. If he is truly a dependent, you are paying it anyway. I'd...
by MathWizard
Thu Nov 02, 2017 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: what % return do you use?
Replies: 62
Views: 4214

Re: what % return do you use?

I use 4% real (inflation adjusted).

7% nominal (not inflation adjusted) might be not too for off, but what is $1 Million
going to buy in 30 years? It seems easier to do everything in real terms.
by MathWizard
Tue Oct 24, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my parents with their retirement investments
Replies: 15
Views: 1224

Re: Help me help my parents with their retirement investments

If you and they are with TIAA-CREF, I believe that they will rebalance on a set schedule if you want them to.
It is possibly that is just a feature of my employer's plan, but you may want to check.
by MathWizard
Sun Oct 22, 2017 7:35 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 7623

Re: What are you driving? And would you buy your current ride again?

Top end Buick sedan.
I did just one again.

I did look at a Toyota Avalon, this one was a better deal.

I am looking forward to self driving cars. If they don't come along in the next 20 years I'll get something with lane keeping and collision avoidance to take some of the load off long drives.
by MathWizard
Sun Oct 22, 2017 7:34 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 7623

Re: What are you driving? And would you buy your current ride again?

Top end Buick sedan.
I did just it again.

I did look at a Toyota Avalon, this one was a better deal.

I am looking forward to self driving cars. If they don't come along in the next 20 years I'll get something with lane keeping and collision avoidance to take some of the load off long drives.
by MathWizard
Fri Oct 20, 2017 4:36 pm
Forum: Personal Consumer Issues
Topic: Drawback of TOTP (app like Google Authenticator)?
Replies: 22
Views: 1652

Re: Drawback of TOTP (app like Google Authenticator)?

When I login, there are notices of failed login attempts. (I don't always hit the correct keys, so these have
always been my fault, but I would see if someone had tried.) This is after the fact though, not real time, unless I
were already logged in.
by MathWizard
Thu Oct 19, 2017 6:11 pm
Forum: Personal Consumer Issues
Topic: Anyone planning on getting the new Pixel phone?
Replies: 141
Views: 10087

Re: Anyone planning on getting the new Pixel phone?

My Nexus 5x is good enough, no need to pay for a Pixel. Until that 5X locks up, you mean. I'm on my third Nexus 5x. The first two died under warranty and got replaced for free. So I'm happy for now. I'm thinking of upgrading to a Pixel 2 before too long but I'm not sure just when. I do have a spare...
by MathWizard
Wed Oct 18, 2017 6:23 pm
Forum: Personal Consumer Issues
Topic: Are Roomba's effective?
Replies: 53
Views: 4954

Re: Are Roomba's effective?

I like ours. We use it to limit having to clean our floors only once a week, even with pets. It's also great getting under the beds. We have hardwood floors, carpet would work so well. It is starting to get stuck when it finds itself just slightly over the top step of a stairway. It didn't used to, ...
by MathWizard
Wed Oct 18, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: Calculating max electrical load of your home
Replies: 34
Views: 2348

Re: Calculating max electrical load of your home

When I bought my home, I upgraded from 60 amp to 200 amp. Stove, dryer and AC are all bug electrical loads, but I have never had a problem. Unless I started putting in a Tesla 220V charging station or some arc welders, I can't see needing more. My electrical use is actually going down, since I insta...
by MathWizard
Wed Oct 18, 2017 6:03 pm
Forum: Personal Consumer Issues
Topic: Data Use on Smartphones
Replies: 37
Views: 2518

Re: Data Use on Smartphones

How much data does 15 minutes of checking and responding to email or reading news websites use on a smartphone? If a smartphone plan advertises 1.2GB of data in one year, is that high, low or average? That is plenty for just email. News websites can have lots of graphics on ads, so you may need mor...
by MathWizard
Wed Oct 18, 2017 5:46 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 7745

Re: How many miles/years do you keep your car?

80 to 120K miles. This takes 8 to 12 years with our average driving.
by MathWizard
Wed Oct 18, 2017 5:44 pm
Forum: Personal Consumer Issues
Topic: Europe vacation, family of 5
Replies: 15
Views: 1504

Re: Europe vacation, family of 5

I just got back from London, and was in Paris a few years ago, just my wife and I. The subway system, the "Tube", in London is not the greatest, Paris, Rome and Washington DC have it beat by a mile. They are very crowded, especially at rush times. There seemed to be lots if construction going on, an...
by MathWizard
Wed Oct 18, 2017 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance for retirement
Replies: 15
Views: 1399

Re: Personal Finance for retirement

Your 401K contribution will go up over the years, as you salary grows, hopefully faster than inflation. I started out at about $400/month including employer match, which is a little under $800 in today's dollars. I was married with a young son, paying off student loans and saving for a down payment....
by MathWizard
Wed Oct 18, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: Anyone planning on getting the new Pixel phone?
Replies: 141
Views: 10087

Re: Anyone planning on getting the new Pixel phone?

My Nexus 5x is good enough, no need to pay for a Pixel.
by MathWizard
Wed Oct 18, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: Least expensive iPhone
Replies: 65
Views: 5982

Re: Least expensive iPhone

Target has a new Iphone 5s for tracfone for $200. Service is pay as you go, and you can get a year of service with 1200 min, 1200 texts, and 1200 MBytes of data over that year for $100. Additional years bought at the same time are just $50/yr. The minutes/texts/data do not expire unless you let serv...
by MathWizard
Tue Oct 17, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: couple of questions regarding inflation and the 4% rule
Replies: 19
Views: 2149

Re: couple of questions regarding inflation and the 4% rule

If I actually follow that, I'll use the same as SS uses, because that is easy. I'll probably get stuck going over 4% because RMDs will force me into it sometime in my mid to upper 70's. I have a substantial ROTH, but the bulk of retirement money will be tax deferred. RMDs can't be converted to ROTH,...
by MathWizard
Tue Oct 17, 2017 8:45 am
Forum: Investing - Theory, News & General
Topic: Roth as good as you think?
Replies: 29
Views: 3693

Re: Roth as good as you think?

The Roth has its advantages more at low brackets. Most Bogleheads income would put them at least in what is currently the 15% fed tax bracket during retirement if all tax advantaged money were tax deferred with none being ROTH. There is a small amount of MAGI where you can contribute directly to a R...
by MathWizard
Mon Oct 16, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Making a Roth IRA for my Dad
Replies: 31
Views: 1599

Re: Making a Roth IRA for my Dad

I believe that if he is in and stays in the 15% tax bracket that long term capital gains is not taxed. (Make sure that you verify this.) He will only be able to put 6,500 in a year (His spouse could also put in $6,500 bag on his earned income.) This assumes at lease $6,500 (or $13,000) earned income...
by MathWizard
Mon Oct 16, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 43
Views: 3411

Re: Bonus pushed back - should I be annoyed?

OP, I think you are over-reacting. Getting upset will not help you. Consider that the other employees around the globe were upset about receiving their bonus later. Should they have been upset? What are there wages compared to yours? Ultimately, worrying about what is "fair" will get you nowhere, un...
by MathWizard
Mon Oct 16, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 43
Views: 3411

Re: Bonus pushed back - should I be annoyed?

ResearchMed wrote:
Mon Oct 16, 2017 10:10 am
What is "NA"?

RM
I'd guess North America, since the rest of the sentence refers to the rest of the globe.
by MathWizard
Fri Oct 13, 2017 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Too old to invest at 70+ years?
Replies: 32
Views: 2626

Re: Too old to invest at 70+ years?

Did they take SS early, or wait until 70? 200K at 70 having delayed SS until 70 is much different than $200K at 70 having taken SS at 62. I know a lot of people who take SS as soon as possible, and pass up an excellent "longevity insurance" by just waiting to claim. I started SS as soon as possible...