Search found 343 matches

by coalcracker
Sun Sep 10, 2017 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Capital gains in retirement with no earned income: Is this right?
Replies: 8
Views: 784

Re: Capital gains in retirement with no earned income: Is this right?

Perhaps you have a bum calculator. I got 0 using one. Try some others and get a majority vote. A few things to check.......your income (gross) is 70K. See line 13 of the 1040 which is capital GAINS.......it is not proceeds from stock sale. Your taxable income is your AGI less deductions and exempti...
by coalcracker
Sun Sep 10, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Capital gains in retirement with no earned income: Is this right?
Replies: 8
Views: 784

Capital gains in retirement with no earned income: Is this right?

Let me see if I have this straight: I retire at the age of 45 and plan to live solely off dividends and the sale of taxable investments, with long-term capital gains. My wife and I will not be working and will earn no income. We will need ~120k per year to cover expenses. From that $120k, let's assu...
by coalcracker
Thu Sep 07, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: Vacation after minor hurricane?
Replies: 25
Views: 1885

Re: Vacation after minor hurricane?

We were on Hilton Head Island in December 2016, two months after it got hammered by Matthew. We stayed at the Marriott Surfwatch, close to Chaplin Park. The park was closed and was a receiving/processing area for all the downed trees on HHI that damaged property and blocked roads. An endless parade...
by coalcracker
Thu Sep 07, 2017 5:37 am
Forum: Personal Consumer Issues
Topic: Vacation after minor hurricane?
Replies: 25
Views: 1885

Re: Vacation after minor hurricane?

If we go, we may end up driving instead of flying. Regardless, the current (probably inaccurate) forecast for the Wednesday we would arrive is 83 and sunny. I have no experience with tropical storms or hurricanes, so I am trying to get a sense of the damage with this kind of storm in a low-lying, co...
by coalcracker
Thu Sep 07, 2017 5:19 am
Forum: Personal Consumer Issues
Topic: Vacation after minor hurricane?
Replies: 25
Views: 1885

Vacation after minor hurricane?

We are scheduled to leave on Saturday for a 10-day trip to Hilton Head, SC. As we stay apprised of the current forecast, we are considering alternative plans short of scrapping the whole trip. Our VRBO hosts have offered to push back the rental so that we arrive on Wednesday rather than Saturday. Th...
by coalcracker
Thu Aug 31, 2017 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Loan-to-Value Ratio Effect on Rate?
Replies: 4
Views: 349

Mortgage Loan-to-Value Ratio Effect on Rate?

I am in the early stages of purchasing a home privately. The seller and I have agreed on a price, but now it's time for the paperwork. In anticipation of this purchase, we are sitting on a large cash reserve. We plan to use some of this money for a down payment and some for remodeling of the new hom...
by coalcracker
Wed Aug 23, 2017 9:04 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 2838

Re: Would you hire an obese nanny?

To those who have taken offense at this topic: How is my concern about obesity different from my concern about other health issues when hiring a nanny? What if, as another commenter mentioned, the concern was seizures instead of obesity? Or a previous stroke with limited strength in one arm? Or sev...
by coalcracker
Wed Aug 23, 2017 8:16 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 2838

Re: Would you hire an obese nanny?

To those who have taken offense at this topic: How is my concern about obesity different from my concern about other health issues when hiring a nanny? What if, as another commenter mentioned, the concern was seizures instead of obesity? Or a previous stroke with limited strength in one arm? Or seve...
by coalcracker
Wed Aug 23, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 2838

Re: Would you hire an obese nanny?

What are your alternatives? What does your spouse think? Sometimes the power of two minds is the best way to work through a complex family dilemma. I don't think you'll get much help from others on this very personal decision. We have one or two other candidates who could work, but this nanny is ou...
by coalcracker
Wed Aug 23, 2017 8:07 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 2838

Re: Would you hire an obese nanny?

My oh my..a person's weight does not define their abilities, character, personality, caring, loving. You should realize there are certainly obese persons on this forum, or they love persons who are obese. I do. This thread would surely hurt them as it does I.. I apologize if you were hurt by my com...
by coalcracker
Wed Aug 23, 2017 7:28 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 2838

Would you hire an obese nanny?

I am currently interviewing nannies to care for my infant and 3-year-old. Our top candidate so far is ideal for us in many ways, but she is also morbidly obese. I would estimate she is about 5'5" and weights in excess of 300 pounds. She carries herself well, and I am not particularly concerned about...
by coalcracker
Wed Apr 19, 2017 8:47 am
Forum: Personal Consumer Issues
Topic: Tips on Uber
Replies: 64
Views: 5830

Re: Tips on Uber

I have used Uber a fair amount and don't tip. On a recent tip to Vegas, I used the local taxi instead of Uber (there was a convenient line right outside my hotel). The credit card reader offered tip options of 20, 30, or 40%. After tipping *only* 10% in cash, I got a dirty look, no help with my bags...
by coalcracker
Thu Apr 06, 2017 10:22 pm
Forum: Personal Consumer Issues
Topic: Is anyone using Apple CarPlay? My preferred car company isn't...
Replies: 33
Views: 2744

Re: Is anyone using Apple CarPlay? My preferred car company isn't...

I eagerly anticipate the day that an "Apple TV" equivalent can be plugged into any car stereo system. I'm not too familiar with all that's out there, but it seems most car computer tech is stuck in the early 2000s (perhaps with the exception of Tesla). I am sympathetic that car manufacture...
by coalcracker
Fri Mar 31, 2017 9:36 pm
Forum: Personal Consumer Issues
Topic: At what age were your kids potty trained?
Replies: 16
Views: 1619

Re: At what age were your kids potty trained?

Be careful what you wish for I considered our son trained right around 3 when he rarely had accidents (maybe 1/month) and went to the bathroom on his own at home, without prompting. However this also means he wanted to "clean up" on his own, which can sometimes mean a substantial secondary...
by coalcracker
Mon Mar 27, 2017 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Large capital loss, how to think about harvesting.
Replies: 10
Views: 974

Re: Large capital loss, how to think about harvesting.

In extricating ourselves from a limited partnership, we will claim a capital loss of ~$184,000 for 2016. For better or worse, I had not planned to use tax loss harvesting before this event, but now I must educate myself on what to do with this "windfall". I have a basic understanding of t...
by coalcracker
Mon Mar 27, 2017 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Large capital loss, how to think about harvesting.
Replies: 10
Views: 974

Large capital loss, how to think about harvesting.

In extricating ourselves from a limited partnership, we will claim a capital loss of ~$184,000 for 2016. For better or worse, I had not planned to use tax loss harvesting before this event, but now I must educate myself on what to do with this "windfall". I have a basic understanding of th...
by coalcracker
Wed Mar 22, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: Winter Travel
Replies: 29
Views: 2561

Re: Winter Travel

You didn't mention Germany, perhaps because some of you have already been there. My wife and I spent a magical week in southern Germany in December when we were in college. The Christmas markets were wonderful, and we just loved wandering around taking in the atmosphere. We also visited the area aro...
by coalcracker
Wed Mar 22, 2017 7:24 am
Forum: Personal Consumer Issues
Topic: Adults trip in May to Zion and Bryce National Parks
Replies: 21
Views: 2456

Re: Adults trip in May to Zion and Bryce National Parks

You will read and everyone will tell you that Angel's Landing is the most spectacular hike in Zion, and I agree. It's quite, let's say, dramatic near the top, so I would not recommend it if you have a significant fear of heights (check out google's images before you go). The hike is strenuous, but y...
by coalcracker
Fri Mar 17, 2017 2:00 pm
Forum: Personal Consumer Issues
Topic: Suspicious organic products
Replies: 101
Views: 6904

Re: Suspicious organic products

I always get a laugh at the "all natural" labels on products these days. People seem to forget how much of "nature" is poisonous.
by coalcracker
Thu Mar 16, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: Quiet Bedroom overhead fan
Replies: 25
Views: 1839

Re: Quiet Bedroom overhead fan

I am not a scientist, but I do not think a fan can move air without making noise. Even the bladeless Dyson fans/air movers make noise. Perhaps if it is nearly silent, it isn't moving much air. Checking the balance is a good start but it will only do so much. We splurged on a Haiku ceiling fan when ...
by coalcracker
Thu Mar 16, 2017 2:16 pm
Forum: Personal Consumer Issues
Topic: Quiet Bedroom overhead fan
Replies: 25
Views: 1839

Re: Quiet Bedroom overhead fan

I am not a scientist, but I do not think a fan can move air without making noise. Even the bladeless Dyson fans/air movers make noise. Perhaps if it is nearly silent, it isn't moving much air. Checking the balance is a good start but it will only do so much. We splurged on a Haiku ceiling fan when ...
by coalcracker
Tue Mar 14, 2017 1:43 pm
Forum: Personal Consumer Issues
Topic: Time Saving Tactics: Kids Edition
Replies: 57
Views: 4139

Re: Time Saving Tactics: Kids Edition

Dishes are washed immediately after use and put into dishwasher, which is turned on every Saturday morning - maybe 2mins a day washing the dishes and then a few minutes to turn on and then unload the dishwasher once a week. When things are taken out, they are put back when they are finished being u...
by coalcracker
Sun Mar 05, 2017 8:47 am
Forum: Personal Consumer Issues
Topic: London (UK) Recommendations – Theater, Comedy, Tea, Activities
Replies: 8
Views: 826

Re: London (UK) Recommendations – Theater, Comedy, Tea, Activities

We visited London with our son and grandma last October. As the saying goes: If you are bored of London, you are bored of life. So, there is no shortage of volume and variety in activities. I would recommend taking the water taxi. You can pick it up in central London, near Big Ben, for example, and ...
by coalcracker
Thu Mar 02, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 18115

Re: Possibly Financially Independent and Feeling Miserable

Reading this thread, the fact that you (OP) don't have any hobbies grabbed me. Assuming I continue to save at the same rate, my finances will be similar to yours when I am around 42/43, and I could conceivably retire early. Fortunately, my profession should allow me to cut back to 50% time--and my w...
by coalcracker
Mon Feb 27, 2017 2:16 pm
Forum: Personal Consumer Issues
Topic: Do you clear your inbox?
Replies: 49
Views: 3980

Re: Do you clear your inbox?

I suspect that the folks who keep their inbox empty are the same ones who keep their desk clean, and the ones who let items linger in their inbox have lots of stuff on their desk as well. Either style can work if it fits your personality. I'm firmly in the large inbox/messy desk camp myself. I thin...
by coalcracker
Mon Feb 27, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: Do you clear your inbox?
Replies: 49
Views: 3980

Do you clear your inbox?

In years past, I would routinely delete emails so that my inbox rarely exceeded a satisfying one page, with some older emails organized into folders. As jobs and family made life more busy, I found my delete-fests occurred less and less often. Now, if I don't delete the email immediately, it remains...
by coalcracker
Sun Feb 26, 2017 7:23 am
Forum: Investing - Help with Personal Investments
Topic: Donating Vanguard Admiral shares to Fidelity Charitable
Replies: 11
Views: 1074

Re: Donating Vanguard Admiral shares to Fidelity Charitable

I have donated appreciated taxable shares in Vanguard mutual funds to Fidelity charitable in each of the past 4 years. First, set up a Fidelity Charitable account. Then, call the rep at Fidelity Charitable and let them guide you through it. In short, you fill out a form indicating which Vanguard mut...
by coalcracker
Sun Feb 26, 2017 6:10 am
Forum: Personal Consumer Issues
Topic: moving from landscaper/snow plower to diy in retirement
Replies: 44
Views: 3558

Re: moving from landscaper/snow plower to diy in retirement

What about a heated driveway? If I were looking to buy a house with a long driveway in cold winter climate, that would be a big selling point.

Do you need to save the money, or just feel compelled to do it because you now have time?
by coalcracker
Tue Feb 21, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: Anyone have a house keeper ("Mommy's" helper)?
Replies: 23
Views: 2718

Re: Anyone have a house keeper?

Thanks for the replies. We do have a house cleaner who comes over every other week. Organizing would help a lot (we may seek professional consultation), but we'll still have dishes, laundry, cooking, grocery shopping, clean-up to do. Ideally the person would come over 2-3 hours a day, maybe 3-5 day...
by coalcracker
Fri Feb 17, 2017 10:43 am
Forum: Personal Consumer Issues
Topic: Vietnam
Replies: 31
Views: 3222

Re: Vietnam

One of my most vivid memories in Hanoi was crossing the streets. We called it the "zombie walk" because you just had to walk slowly and steadily and let the (mostly motorbike) traffic flow around you. Everyone did it. Otherwise you might wait 15 minutes to cross on the busier roads. Find a...
by coalcracker
Fri Feb 17, 2017 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Private home sale (without agents): Where to start with price?
Replies: 34
Views: 2242

Re: Private home sale (without agents): Where to start with price?

I like the idea of starting with 2 independent appraisers, one chosen by us and one by the seller. If he chooses to use his friend, so be it, but it will need to be an official, written appraisal. If these 2 appraisals are too far apart or either of us is unhappy with them, we would get a third appr...
by coalcracker
Fri Feb 17, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Private home sale (without agents): Where to start with price?
Replies: 34
Views: 2242

Re: Private home sale (without agents): Where to start with price?

I don't trust the seller. I would have walked already. The neighbor darned well knows that Zillow provides the higher amount compared to the other sites. The neighbor want you to use his friend as the appariser. He thinks you're from the hills or stupid enough to go for any of his nonsense. I'm gon...
by coalcracker
Thu Feb 16, 2017 4:55 pm
Forum: Personal Consumer Issues
Topic: Hydronic heating: radiant floor vs panels
Replies: 6
Views: 625

Re: Hydronic heating: radiant floor vs panels

We currently have forced air heat, and are tired of the rapid on/off cycling and dry air during particularly cold snaps in our Midwest winters. Why live with either of those things now. Rapid on/off cycling may be an oversized unit for your house or poor insulation or both. Also with smart thermost...
by coalcracker
Thu Feb 16, 2017 4:06 pm
Forum: Personal Consumer Issues
Topic: Hydronic heating: radiant floor vs panels
Replies: 6
Views: 625

Hydronic heating: radiant floor vs panels

We have hopes of purchasing a different home in our neighborhood in the near future, and have toured the home with the owner. It is in good shape for an older home, with forced air heat and central air. We currently have forced air heat, and are tired of the rapid on/off cycling and dry air during p...
by coalcracker
Thu Feb 16, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Why am I not tracking my indices?
Replies: 16
Views: 907

Re: Why am I not tracking my indices?

I believe I "count" them in the sense that they are distributed but then immediately reinvested, so the net change in the fund is 0. So I don't input them in any way into the XIRR function. Huh? Your spreadsheet must import current NAV from somewhere. If the number of shares has gone up t...
by coalcracker
Thu Feb 16, 2017 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Why am I not tracking my indices?
Replies: 16
Views: 907

Re: Why am I not tracking my indices?

I am not familiar with XIRR. Are you tracking dividends as well as price? My dividends are reinvested, and from my understanding one should not include them as additions or subtractions in that case. Annual rate of return most definitely includes reinvested dividends and capital gains distributions...
by coalcracker
Thu Feb 16, 2017 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Why am I not tracking my indices?
Replies: 16
Views: 907

Re: Why am I not tracking my indices?

aristotelian wrote:I am not familiar with XIRR. Are you tracking dividends as well as price?


My dividends are reinvested, and from my understanding one should not include them as additions or subtractions in that case.
by coalcracker
Thu Feb 16, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Why am I not tracking my indices?
Replies: 16
Views: 907

Re: Why am I not tracking my indices?

Thanks! My contributions are not uniform throughout the year, due to some complicating factors in the way our 401(k)s are set up. My contributions to vanguard taxable accounts also vary somewhat based on bonuses. I guess I was just unlucky with the timing of my purchases the past 2 years. One shoul...
by coalcracker
Thu Feb 16, 2017 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Why am I not tracking my indices?
Replies: 16
Views: 907

Re: Why am I not tracking my indices?

Thanks! My contributions are not uniform throughout the year, due to some complicating factors in the way our 401(k)s are set up. My contributions to vanguard taxable accounts also vary somewhat based on bonuses. I guess I was just unlucky with the timing of my purchases the past 2 years. One should...
by coalcracker
Thu Feb 16, 2017 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Why am I not tracking my indices?
Replies: 16
Views: 907

Why am I not tracking my indices?

I have started to use the XIRR function to calculate my annual return. After reading a few tutorials (thanks Emergdoc!) I believe I have done it correctly. However, my annual rate of return is about 1.5% off what I *believe* should be the annual rate of return of the appropriate Vanguard indices for...
by coalcracker
Tue Feb 14, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Private home sale (without agents): Where to start with price?
Replies: 34
Views: 2242

Re: Private home sale (without agents): Where to start with price?

Split the cost of a 3rd appraisal, if the first two are way off. The cost is insignificant compared to the typical 6% worth of agent commisions That's a good idea. Have you pulled comps yourself yet? I have looked briefly at the comparables listed on our county real estate website, and I am familia...
by coalcracker
Tue Feb 14, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Private home sale (without agents): Where to start with price?
Replies: 34
Views: 2242

Re: Private home sale (without agents): Where to start with price?

livesoft wrote:And suppose the 3rd party appraisal comes in much higher than the conflicted-neighbor appraisal?


We could get enough appraisals to create a proper bell curve and 95% confidence interval :happy
by coalcracker
Tue Feb 14, 2017 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Private home sale (without agents): Where to start with price?
Replies: 34
Views: 2242

Private home sale (without agents): Where to start with price?

Long story short, an older couple in our neighborhood is looking to sell their (unique and beautiful) home, we are interested in said home, and both parties would prefer a private sale. My wife and I have spoken with the seller and toured the house. We are in a holding pattern for the next month or ...
by coalcracker
Sat Jan 14, 2017 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Stay in paid-off starter house vs. dream house+work a few more years
Replies: 51
Views: 3589

Re: Stay in paid-off starter house vs. dream house+work a few more years

Thanks again everyone for the replies. By any calculation and logic, I know I can "afford it." However, we are very conscious of lifestyle creep, some of which seems inevitable. We will need childcare, possibly a nanny, when my wife goes back to work. Add a new mortgage, and suddenly there...
by coalcracker
Fri Jan 13, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Stay in paid-off starter house vs. dream house+work a few more years
Replies: 51
Views: 3589

Re: Stay in paid-off starter house vs. dream house+work a few more years

Also, have to break the news you may like to travel, but with 2 kids it is not going to happen as they are in school and who is going to take care of them while you are traveling? Boarding school! Even without resorting to boarding school for our pre-schooler and elementary-school student, we have ...
by coalcracker
Fri Jan 13, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Stay in paid-off starter house vs. dream house+work a few more years
Replies: 51
Views: 3589

Re: Stay in paid-off starter house vs. dream house+work a few more years

You are living on $350K a year. Well the taxman takes a good chunk after retirement savings. We don't really "budget" after we hit our monthly savings goal, but I would estimate we live on about $140k/yr. I also take into account that, at some point, both of our life and disability insura...
by coalcracker
Fri Jan 13, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Stay in paid-off starter house vs. dream house+work a few more years
Replies: 51
Views: 3589

Re: Stay in paid-off starter house vs. dream house+work a few more years

ResearchMed wrote:How do you feel about your jobs?
RM


The jobs are a mixed bag. I really enjoy my job, wife not so much. Both of our jobs would be amenable to part time work.

The impetus for early retirement is less "job sucks" and more "fun stuff rules." We also love to travel.
by coalcracker
Fri Jan 13, 2017 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Stay in paid-off starter house vs. dream house+work a few more years
Replies: 51
Views: 3589

Re: Stay in paid-off starter house vs. dream house+work a few more years

OP here. Thanks for the insights so far. To answer a few questions. We have 2 children. Our current house is four bedrooms, which leaves us with 1 guest bedroom, but about 1800 sf. I grew up with a family of six in a similar-sized house, so I know it's doable, but is it desirable? We also don't have...
by coalcracker
Fri Jan 13, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Stay in paid-off starter house vs. dream house+work a few more years
Replies: 51
Views: 3589

Stay in paid-off starter house vs. dream house+work a few more years

We are 30-something dual-income professionals on our way to early retirement. At the moment, we have $2m in retirement accounts and save $250k of our annual $600k salaries. Depending on the markets, we would be in a position to retire (or at least be financially independent) in 5-8 years. About 10 y...
by coalcracker
Fri Dec 23, 2016 10:28 am
Forum: Personal Finance (Not Investing)
Topic: depositing checks over the $250k FDIC limit
Replies: 13
Views: 1331

Re: depositing checks over the $250k FDIC limit

Is it a joint account? Then the limit is $500k.

Also, you could open a separate savings or money market account at the same bank. They are separately insured.