Search found 1945 matches

by hoppy08520
Sat Jan 20, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 7205

Re: Short Commute or Nicer House?

I read your post right before leaving work, and thought about it for a bit during my 6 mile bicycle ride home. As I sped past all the grumpy drivers stuck in their smoggy metal tombs, rolling along to their distant big homes many miles away, I felt grateful that I am able to bike to work, just as I ...
by hoppy08520
Thu Jan 18, 2018 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation with TSP G/F Funds
Replies: 10
Views: 690

Re: Bond Allocation with TSP G/F Funds

Here are the allocations of the L funds, if you want to use them as a guideline. https://www.tsp.gov/PDF/formspubs/FundsL.pdf They tend to invest 5-6% in the F fund and the rest of the fixed income in the G fund. Here's a graphical representation of this: TSP Lifecycle funds - Bogleheads On this wi...
by hoppy08520
Tue Jan 16, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation with TSP G/F Funds
Replies: 10
Views: 690

Re: Bond Allocation with TSP G/F Funds

FWIW, I'm doing close to the same. My overall AA is around 67/33 stock/bonds. TSP is around 15% of total portfolio, and is 100% in G Fund. In my other accounts, I have TBM filling out the rest of the bond allocation. I'd prefer to have more of a 50/50 ratio of G Fund to TBM... maybe I'll roll some m...
by hoppy08520
Sun Jan 07, 2018 3:49 pm
Forum: Personal Consumer Issues
Topic: Muir Woods (California) requires reservations.
Replies: 16
Views: 1952

Re: Muir Woods (California) requires reservations.

I went to Muir Woods 20 years ago and loved it. I went back on a Saturday in July and, sadly, it was hard to enjoy because it was so overrun with people and tour buses. Loud people who were just babbling even in the sections that are supposed to be quiet. They might as well just have gone through a ...
by hoppy08520
Thu Jan 04, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24882

Re: Hitting The Sell Button

Over the course of the bull market that began in 2009, I have gradually shifted my AA from around 80/20 to 67/33. I also gradually shifted from a 70/30 US/International stock allocation to 60/40. That's only a 13 percent shift from stocks to bonds, and I've gotten around 9 years older in that time, ...
by hoppy08520
Thu Jan 04, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: HSA Rollover - writing a HSA check from old custodian to new custodian?
Replies: 7
Views: 564

Re: HSA Rollover - writing a HSA check from old custodian to new custodian?

To proceed with this method, I need to "request a reimbursement" through my HSA to have the funds transferred to my checking account. "Request a reimbursement" is the terminology used on their website. Will this create any anomalies for tax reporting next year? This HSA doesn't know that I'm rollin...
by hoppy08520
Tue Jan 02, 2018 11:50 am
Forum: Personal Finance (Not Investing)
Topic: HSA Rollover - writing a HSA check from old custodian to new custodian?
Replies: 7
Views: 564

Re: HSA Rollover - writing a HSA check from old custodian to new custodian?

Thank you, aristotelian. I am curious, not to derail the thread but what is the difference between a "rollover" and "trustee to trustee transfer"? Why would they charge for one and not the other? I don't really know why, but this seems to be common for the outgoing HSA to charge for an outgoing trus...
by hoppy08520
Tue Jan 02, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: HSA Rollover - writing a HSA check from old custodian to new custodian?
Replies: 7
Views: 564

HSA Rollover - writing a HSA check from old custodian to new custodian?

Hello, I searched the forums but couldn't figure out a precise answer. I have a HSA account with BenefitWallet and would like to do a rollover to my employer's new HSA, which is HSA Bank. For a trustee-to-trustee transfer, BenefitWallet charges a $25 fee, but they don't charge any fee for rollovers,...
by hoppy08520
Mon Jan 01, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: SALT Tax Deduction Max of $10K is NOT indexed to Inflation
Replies: 29
Views: 4281

Re: SALT Tax Deduction Max of $10K is NOT indexed to Inflation

Another flaw is that the $10k SALT cap is the same whether single or married. So, Congress basically instituted another marriage penalty.
by hoppy08520
Mon Jan 01, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Strategy for using TSP in Retirement
Replies: 6
Views: 875

Re: Strategy for using TSP in Retirement

If expense ratios are a primary driver, depending upon fund selection both Schwab and Vanguard (with admiral account) are so close to the TSP, expenses should not be a primary reason. For example: C fund is .029%, Schwab .03% and Vanguard is .04%. The Schwab and Vanguard rations are for their S&P 5...
by hoppy08520
Sun Dec 24, 2017 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48956

Re: Tax Bill Omnibus Thread

Glad I'm reading this thread. Like many people, I make various charitable donations that are be deductible. In 2017 and earlier, my spouse and I (MFJ) were itemizers, but starting with 2018, I forecast that we will be right on the edge of itemizing vs taking the almost-doubled standard deduction. T...
by hoppy08520
Thu Dec 21, 2017 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48956

Re: Tax Bill Omnibus Thread

Glad I'm reading this thread. Like many people, I make various charitable donations that are be deductible. In 2017 and earlier, my spouse and I (MFJ) were itemizers, but starting with 2018, I forecast that we will be right on the edge of itemizing vs taking the almost-doubled standard deduction. Th...
by hoppy08520
Wed Dec 20, 2017 1:32 pm
Forum: Investing - Theory, News & General
Topic: Improving the TSP [for current participants]
Replies: 241
Views: 39118

Re: Improving the TSP [for current participants]

It's really not that much advantages, and TSP benefits are oversold...So G fund/slightly better asset protection vs. massively better services at other locations and the advantage of consolidating my retirement accounts in one spot. It's an easy call for me after I retire. The G Fund and the asset ...
by hoppy08520
Tue Dec 19, 2017 8:04 pm
Forum: Investing - Theory, News & General
Topic: Improving the TSP [for current participants]
Replies: 241
Views: 39118

Re: Improving the TSP [for current participants]

Latest TSP fact sheet on the TSP Modernization Act indicates they are going to add ability to specify split of Roth versus traditional on withdrawals. https://www.tsp.gov/PDF/formspubs/tspfs10.pdf That's good. Next, they just need to let you have different fund allocations for Roth and Traditional,...
by hoppy08520
Tue Dec 19, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Beneficiary IRA & Investing?
Replies: 18
Views: 1328

Re: Question about Beneficiary IRA & Investing?

My condolences on the death of your father, and I hope you continue to recover from your automobile crash. One thought is that as long as your income is low enough that you aren't paying income taxes, to withdraw as much as you can from your inherited IRA tax-free and re-invest in a Roth IRA. You ca...
by hoppy08520
Tue Dec 19, 2017 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Keep money in TSP or take it out and re-invest?
Replies: 11
Views: 1316

Re: Keep money in TSP or take it out and re-invest?

That said rolling the TSP money into an IRA can make sense because an IRA has better inheritance rules. There was a post a while back where someone had run into this situation with a TSP. 1) Father with a large TSP dies and his wife inherits it. 2) Wife leaves the money in the TSP in some sort of T...
by hoppy08520
Tue Dec 19, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Keep money in TSP or take it out and re-invest?
Replies: 11
Views: 1316

Re: Keep money in TSP or take it out and re-invest?

If you decide to transfer to Vanguard (or wherever), be smart and leave $1,000 in your TSP so you don’t close out your account irrevocably. One day in the future you may regret leaving the TSP, and if you keep your account open, you can always transfer eligible IRA funds back in. No downside at all ...
by hoppy08520
Sat Dec 09, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: TSP rollover to Vanguard IRA?
Replies: 11
Views: 1519

Re: TSP rollover to Vanguard IRA?

This Boglehead wiki page explains it: TSP estate planning - Bogleheads If you die first, then your wife can inherit your TSP (assuming she's the beneficiary) as a spousal TSP beneficiary participant. She can remain a TSP participant, but with less options than you had. At that point, when she dies, ...
by hoppy08520
Fri Dec 01, 2017 9:54 am
Forum: Investing - Theory, News & General
Topic: How your FA, insurance agent, your community reacts when you show your financial knowledge?
Replies: 39
Views: 4791

Re: How your FA, insurance agent, your community reacts when you show your financial knowledge?

I was talking with an insurance salesman and in the conversation I said something like “from an actuarial perspective” and he almost fainted. He said almost no client knows the a-word. I wound up buying DI insurance from him. He was good! I bet this was another perfectly chosen sales ploy. It certa...
by hoppy08520
Mon Nov 27, 2017 6:23 pm
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan Modernization Act - Wiki updates needed
Replies: 3
Views: 720

Re: Thrift Savings Plan Modernization Act - Wiki updates needed

FYI to those of you following this. I believe the various TSP pages have been updated. When the actual changes to the TSP are in place (it could take some time), further updates will likely be needed depending on how much detail we want to add to the various pages.
by hoppy08520
Sun Nov 26, 2017 9:07 pm
Forum: Investing - Theory, News & General
Topic: How your FA, insurance agent, your community reacts when you show your financial knowledge?
Replies: 39
Views: 4791

Re: How your FA, insurance agent, your community reacts when you show your financial knowledge?

I was talking with an insurance salesman and in the conversation I said something like “from an actuarial perspective” and he almost fainted. He said almost no client knows the a-word. I wound up buying DI insurance from him.
by hoppy08520
Sun Nov 26, 2017 10:45 am
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9755

Re: What did you do right?

I picked good parents. My father has a STEM Ph.D. My genes enabled me to succeed in our knowledge-based economy.

Also, invested in TSP (government 401(k)) in my first job at age 22, and have been saving ever since.
by hoppy08520
Thu Nov 23, 2017 7:54 am
Forum: Investing - Theory, News & General
Topic: Improving the TSP [for current participants]
Replies: 241
Views: 39118

Re: Improving the TSP [for current participants]

2. The inability to hold Roth TSP assets in different funds and in different proportions than regular TSP funds; and 3. The inability to withdraw regular TSP assets separately and in different proportions than Roth TSP funds. Like many on this board, I intend to hold my Roth assets for a longer per...
by hoppy08520
Mon Nov 20, 2017 10:26 am
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan Modernization Act - Wiki updates needed
Replies: 3
Views: 720

Re: Thrift Savings Plan Modernization Act - Wiki updates needed

If someone hasn't already done so, I can do it, but it will take a few days... We will need to leave some "pending" sort of language given that the new options aren't actually implemented and in place yet. Perhaps in the relevant sections of those pages, we will reference the fact that these changes...
by hoppy08520
Tue Nov 14, 2017 4:24 pm
Forum: Personal Consumer Issues
Topic: IPHONE 8, X
Replies: 39
Views: 2388

Re: IPHONE 8, X

I'm looking at the same decision. The 8 or the X. The 8 plus is too big so that's out. For me it basically comes down to the fact that the 8 has black friday deals so I can get a $250 GiftCard whereas the X doesn't seem to have any deals. I'll take over a $500 savings to have the 8 vs. the X Could ...
by hoppy08520
Tue Nov 14, 2017 1:59 pm
Forum: Personal Consumer Issues
Topic: IPHONE 8, X
Replies: 39
Views: 2388

Re: IPHONE 8, X

I'm looking at the same decision. The 8 or the X. The 8 plus is too big so that's out. For me it basically comes down to the fact that the 8 has black friday deals so I can get a $250 GiftCard whereas the X doesn't seem to have any deals. I'll take over a $500 savings to have the 8 vs. the X Could ...
by hoppy08520
Tue Nov 14, 2017 1:27 pm
Forum: Forum Issues and Administration
Topic: How to Follow a Post
Replies: 9
Views: 982

Re: How to Follow a Post

Have you tried "subscribe topic"? It's one of the options within the "wrench" link.
by hoppy08520
Sun Nov 12, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: First "real" job with 401(k), HSA and higher income. Any advice?
Replies: 19
Views: 1924

Re: First "real" job with 401(k), HSA and higher income. Any advice?

lazylarry wrote:
Sat Nov 11, 2017 11:12 pm
-I assume you have read White coat investor. Particularly the disability section given surgery speciality.
+1

I was going to write the same thing. Caution: this is not cheap. You may think you’ll never need it, but many surgeons get a personal DI policy.

And congrats 🎉
by hoppy08520
Fri Nov 10, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: HSA question - reimbursing expenses from deceased spouse?
Replies: 6
Views: 354

Re: HSA question - reimbursing expenses from deceased spouse?

Thanks. That wording is here: The amount taxable to a beneficiary other than the estate is reduced by any qualified medical expenses for the decedent that are paid by the beneficiary within 1 year after the date of death. I took the above to be for non-spouse beneficiaries, because it's right after...
by hoppy08520
Fri Nov 10, 2017 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: HSA question - reimbursing expenses from deceased spouse?
Replies: 6
Views: 354

Re: HSA question - reimbursing expenses from deceased spouse?

Also in Pub 969 is If your spouse is the designated beneficiary of your HSA, it will be treated as your spouse's HSA after your death. There is also some wording near the quote above about paying decedent's expenses within one year. In short, it appears "yes, she'll be able to reimburse for [your] ...
by hoppy08520
Fri Nov 10, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: HSA question - reimbursing expenses from deceased spouse?
Replies: 6
Views: 354

HSA question - reimbursing expenses from deceased spouse?

Hello, I've struggled to find the answer to this with Google but all I could find is this PDF and I don't know if it's authoritative or not: Health-Savings-Accounts-HSAs-Distribution-Rules-10-16-15.pdf Suppose John and Jane are married and are covered by a HDHP and they file MFJ (if that matters). J...
by hoppy08520
Thu Nov 09, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Having second thoughts about building up hsa
Replies: 17
Views: 1658

Re: Having second thoughts about building up hsa

3. In case of surviving spouse not being able to locate past receipts, default to #2. One question on this, that I could not find on google. Suppose Jim and Jane are married. HSA is in Jim's name. Jim dies and Jane is the HSA beneficiary so it becomes her HSA. I assume that Jane can reimburse for p...
by hoppy08520
Wed Nov 08, 2017 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Poll-How much do you have in your HSA?
Replies: 50
Views: 5171

Re: Poll-How much do you have in your HSA?

Artsdoctor wrote:
Tue Nov 07, 2017 7:44 pm
Mine since 2005, spouse since 2008. Combined balance is about $135K.
Nice! I think you're in first place so far, which is quite an achievement on this forum. :sharebeer
by hoppy08520
Tue Nov 07, 2017 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Poll-How much do you have in your HSA?
Replies: 50
Views: 5171

Re: Poll-How much do you have in your HSA?

$31,500. I started a HSA in early 2014, and have contributed the family max each year since. It's been invested in Vanguard Total US Stock Market Index Fund the whole time. I haven't withdrawn anything from the HSA for medical expenses and I hope to keep using this as a stealth IRA.
by hoppy08520
Tue Nov 07, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 8545

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

The Vanguard Balanced Index is probably the best choice for those wanting one fund, IMO. Personally, if you're looking for a 60/40 stock/bond fund, then I'd prefer a more diverse fund like the LifeStrategy Moderate Growth Fund than the Balanced Index Fund. I wouldn't want to leave out international...
by hoppy08520
Mon Nov 06, 2017 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP+HSA, why mix insurance and investments???
Replies: 21
Views: 1446

Re: HDHP+HSA, why mix insurance and investments???

I think (?) we might have missed the point of the OP...... I think you're reading far too much in the OP's post. I don't see anything in his post which you attribute to him in your "viewpoint." Besides, I don't believe any HSA custodian gives the account holder the ability to trade in stocks or inv...
by hoppy08520
Mon Nov 06, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 8545

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

SimplicityNow wrote:
Mon Nov 06, 2017 2:08 pm
roll over an IRA into an existing 403b
I hate to advice against simplicity, but are you sure this 403(b) is a good one? Many 403(b) plans seem to be very high-fee plans.
by hoppy08520
Mon Nov 06, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP+HSA, why mix insurance and investments???
Replies: 21
Views: 1446

Re: HDHP+HSA, why mix insurance and investments???

I think (?) we might have missed the point of the OP. I think he's talking more about the public policy aspects of trusting regular people to invest their HSA. No doubt, there is some guy out there who had a large HSA investment balance and invested it all in a single speculative stock and lost all ...
by hoppy08520
Sat Nov 04, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Is putting money in a 401k a bad idea?
Replies: 25
Views: 2630

Re: Is putting money in a 401k a bad idea?

In addition to all the mathematical advantages of a 401(k), there is also the behavioral advantage of having your money locked away in an account that you will be less tempted to burgle in your younger years, in part because if you do take money from the 401(k) prior to age 59.5, you pay taxes and a...
by hoppy08520
Sat Nov 04, 2017 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation/Prioritization
Replies: 4
Views: 530

Re: Allocation/Prioritization

Regarding "where to hold bonds", I think the best way is in your Roth IRA. Since your bond allocation is under $10,000 right now, you'll need to use the investor share class in your Roth IRA. In the 401(k), go 100% with JETSX. You may need to rebalance from time to time within your Roth IRA to keep ...
by hoppy08520
Sat Nov 04, 2017 7:53 am
Forum: Personal Finance (Not Investing)
Topic: This is why I'm glad I started investing at 23
Replies: 27
Views: 4934

Re: This is why I'm glad I started investing at 23

I do like parking my humble car in "muscle car row" or "luxury car row" at work and checking out what big money buys. :-) This!! ^^^^ I used to really enjoy parking my 15+ year old small pickup next to the Lexus's and other new vehicles driven by those who worked for me at Megacorp. They thought I ...
by hoppy08520
Fri Nov 03, 2017 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: This is why I'm glad I started investing at 23
Replies: 27
Views: 4934

Re: This is why I'm glad I started investing at 23

Same here. I started investing at 22 and now I’m in my upper 40s. I’m not close to retirement yet but I don’t feel great pressure to maintain a high-pressure, high-salary job. If my career slows down and I can no longer save a lot, I should have enough saved already that I should be in good shape.
by hoppy08520
Fri Nov 03, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: HSA reimbursement post retirement
Replies: 24
Views: 1789

Re: HSA reimbursement post retirement

I don't have a lot to add, but I'll just add a link to a section in the Bogleheads wiki that discusses this topic: Health savings account - Inherited HSA - Bogleheads wiki Someone please correct me if I'm wrong, but it looks like if a non-spouse inherits a HSA, then that distribution is considered t...
by hoppy08520
Sat Oct 28, 2017 8:56 am
Forum: Investing - Help with Personal Investments
Topic: HSA Bank vs Associated HSA Plus for HSA Investing
Replies: 4
Views: 456

Re: HSA Bank vs Associated HSA Plus for HSA Investing

It seems their fees are: "There is no fee to open a Health Savings Investment Account as part of your Associated Bank HSA. You will be assessed a $7.50 quarterly fee plus a service fee of $0.90 per $1,000 in investment account balances per quarter, which will automatically be deducted from your Inv...
by hoppy08520
Thu Oct 26, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help - 401k John hancock Fund Selection
Replies: 14
Views: 1148

Re: Help - 401k John hancock Fund Selection

Thank you for your help.. Another question is for how long should i keep my money in this funds.. Should move it from one fund to another fund. Also Stock market is really high it may crash .. Which will be safest fund to transfer money at that time.. Another question which is not related to 401k i...
by hoppy08520
Thu Oct 26, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help - 401k John hancock Fund Selection
Replies: 14
Views: 1148

Re: Help - 401k John hancock Fund Selection

Does the OP not have access to John Hancock's Total Bond Market Fund (I guess its possible that not all JHK plans are the same)? My wife has John Hancock and we do the same 3-fund portfolio but with the John Hancock Total Bond Market Fund (it's also listed on the wiki page posted). It has a slightl...
by hoppy08520
Tue Oct 24, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: Observation on Edward Jones
Replies: 21
Views: 4440

Re: Observation on Edward Jones

Regarding diversity, Edward Jones is just practicing smart business -- consumers tend to want to do business with people like themselves, and unlike many brokers, EJ has a face-to-face neighborhood business model where they have their little green signs in strip malls across America. The EJ neighbor...
by hoppy08520
Tue Oct 24, 2017 10:54 am
Forum: Investing - Theory, News & General
Topic: BenefitWallet HSA adds 3 Vanguard Index Funds, drops expense ratios
Replies: 3
Views: 990

Re: BenefitWallet HSA adds 3 Vanguard Index Funds, drops expense ratios

The recent Morningstar "2017 Health Savings Account Landscape" report criticized BenefitWallet HSA on lacking a diversified core bond fund and on overall high expense ratios, so I wonder if Morningstar's report actually made a difference out here in the real world. I knew about the changes to the o...
by hoppy08520
Tue Oct 24, 2017 9:41 am
Forum: Investing - Theory, News & General
Topic: Question on 401K calculator
Replies: 7
Views: 602

Re: Question on 401K calculator

What do you use for Expected Annual Return? The calculator has defaults of: Expected Annual Return - 6% Expected Annual Inflation Rate - 3% This means a net 3% real CAGR. Nominal means not inflation adjusted, real means inflation adjusted (i.e. nominal return - inflation rate). I'd say this is a pr...