Search found 1928 matches

by hoppy08520
Sat Dec 09, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: TSP rollover to Vanguard IRA?
Replies: 8
Views: 949

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: 4538

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: 688

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: 4538

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: 9254

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: 210
Views: 35726

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: 688

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: 2244

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: 2244

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: 912

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: 1790

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: 318

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: 318

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: 318

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: 1554

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: 4866

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: 4866

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: 7970

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: 1337

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: 7970

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: 1337

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: 2476

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: 478

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: 4730

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: 4730

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: 1660

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: 387

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: 1025

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: 1025

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: 4299

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: 876

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: 566

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...
by hoppy08520
Tue Oct 24, 2017 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Who does the portfolio reviews and why?
Replies: 21
Views: 1392

Re: Who does the portfolio reviews and why?

Although I've slacked off on portfolio reviews, I did a bunch of them a couple of years ago. I even put together a spreadsheet template to make it easier for me. My motivations were: I was very grateful to the Boglehead community for helping me get started, and I wanted to pay it forward I'm a math/...
by hoppy08520
Tue Oct 24, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Help - 401k John hancock Fund Selection
Replies: 14
Views: 1025

Re: Help - 401k John hancock Fund Selection

More about Boglehead-style investing with John Hancock in this wiki page: John Hancock Funds - Bogleheads Wiki Just do Total Stock Market Index Fund 0.75 60% Intl Equity Index Fund 22 0.72 20% Fidelity Advisor Total Bond 1 0.85 20% Upvote. This is how you do the 3-Fund portfolio with John Hancock. T...
by hoppy08520
Tue Oct 24, 2017 8:56 am
Forum: Investing - Theory, News & General
Topic: Question on 401K calculator
Replies: 7
Views: 566

Re: Question on 401K calculator

I believe you’d enter 15% in that field. The calculator instructs you to sum your contribution + employer match.
by hoppy08520
Sat Oct 21, 2017 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: just hit the two comma club today...some thoughts
Replies: 37
Views: 5707

Re: just hit the two comma club today...some thoughts

Wow, I just glanced at Mint and we (wife and I) just hit the 2-comma club too, including HE (~$250k). We were at $997K last week, now $1,003,000. I screen-shot it for a keepsake, knowing that it could drop a lot...

Congrats to all of us. We are around 7 years older than you.
by hoppy08520
Sat Oct 21, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: just hit the two comma club today...some thoughts
Replies: 37
Views: 5707

Re: just hit the two comma club today...some thoughts

seligsoj wrote:
Sat Oct 21, 2017 4:32 pm
Leemiller wrote:
Fri Oct 20, 2017 6:33 pm
Congratulations! That kind of investment starts to do some heavy lifting for you!

Are you going to celebrate?
No celebrations yet. My husband joked that we should celebrate by splitting a Subway sandwich. :).
Bought with a coupon, I hope? ;-)
by hoppy08520
Sat Oct 21, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 13052

Re: new 401(k) limits announced

I always pick a percentage that will leave me pretty far ahead. My goal is for the maximum to automatically be achieved in the Fall (payroll stops at limit), with the remaining higher paychecks helping pay for Christmas gifts. :D Personally, I enjoy the end of year "boost". Just be aware that some ...
by hoppy08520
Sat Oct 21, 2017 2:10 pm
Forum: Investing - Theory, News & General
Topic: Observation on Edward Jones
Replies: 21
Views: 4299

Re: Observation on Edward ones

Edward Jones financial "advisors" are salespeople first, financial experts second. This article is a bit old, but it tells you all you need to know: Can Your Edward Jones Financial Advisor Really Serve Your Best Interests? -- The Motley Fool Also, who is the #1 Congressional opponent of the Departme...
by hoppy08520
Mon Oct 09, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: TSP to Vanguard?
Replies: 127
Views: 16159

Re: TSP to Vanguard?

The inability of non-spousal beneficiaries to roll TSP balance to an inherited IRA is IMO problematic. Indeed. I'm married and have a TSP account, and in my "if I die before you" instructions to wife, one of them is take the spousal TSP account she'll inherit upon my death and roll that over to an ...
by hoppy08520
Sun Oct 08, 2017 8:51 am
Forum: Investing - Theory, News & General
Topic: Any advice on moving my company 401k?
Replies: 17
Views: 1646

Re: Any advice on moving my company 401k?

Archimedes, I commend you for your benevolence to your employees. Echoing some of the other replies, my company (~300 employees) has its 401(k) plan with TRP. We have TRP funds including the TDF funds at ~0.72% ER but we also have Fidelity index funds in the “premium” share class with ER for TSM at ...
by hoppy08520
Sat Oct 07, 2017 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Health Savings Account recommendation
Replies: 22
Views: 2377

Re: Health Savings Account recommendation

I have BenefitWallet and I'm happy with it. It allows investments in the typical 3 fund portfolio with TSM being institutional and International and Bonds being Admiral class. $2.90 a month flat fee for investing. Same here, but I'm about 99% sure that BenefitWallet is only available through employ...
by hoppy08520
Wed Oct 04, 2017 9:19 am
Forum: Investing - Help with Personal Investments
Topic: TSP to Vanguard?
Replies: 127
Views: 16159

Re: TSP to Vanguard?

As someone who likes to keep my options open, I cannot imagine why you would close your TSP. It's not all or nothing - you don't have to keep all your money in the TSP. In spite of the various disadvantages of the TSP, there are many advantages including: ERISA plans could have better asset protect...
by hoppy08520
Tue Oct 03, 2017 8:51 am
Forum: Investing - Help with Personal Investments
Topic: TSP to Vanguard?
Replies: 127
Views: 16159

Re: TSP to Vanguard?

As someone who likes to keep my options open, I cannot imagine why you would close your TSP. It's not all or nothing - you don't have to keep all your money in the TSP. In spite of the various disadvantages of the TSP, there are many advantages including: ERISA plans Employer retirement plans like t...
by hoppy08520
Tue Sep 12, 2017 7:22 am
Forum: Investing - Help with Personal Investments
Topic: Why doesn't my Vanguard 403(b) have a total stock index?
Replies: 9
Views: 774

Re: Why doesn't my Vanguard 403(b) have a total stock index?

My 401(k) is like this too except I have S&P 500 index and Extended Market index. The 401(k) I had before that had your mix. See https://www.bogleheads.org/wiki/Approximating_total_stock_market for recommended proportions. Although I wish my 401(k) had TSM, it's easy to just do the mix. I haven't ev...
by hoppy08520
Sun Sep 10, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Considering this HSA strategy
Replies: 17
Views: 2330

Re: Considering this HSA strategy

CodeMaster wrote:
Sun Sep 10, 2017 10:01 am
How do you invest into an HSA using a credit card? Dont they usually charge fees thus making points give less return?
I think the OP meant that he pays his medical bills with an ordinary credit card, so he gets points for that spending.
by hoppy08520
Sun Sep 10, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Considering this HSA strategy
Replies: 17
Views: 2330

Re: Considering this HSA strategy

Just started an HSA through my husband's employer and letting it build. What you ask here is the part I really dread. Where to put all this stuff in case you want to be reimbursed at a later date? Every year I may be dumping it in an envelope and into a safe deposit box...This record keeping is a f...
by hoppy08520
Sun Sep 10, 2017 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Considering this HSA strategy
Replies: 17
Views: 2330

Re: Considering this HSA strategy

I'm a little late to this thread, but to the OP, the "treat your HSA like another IRA" is a popular strategy here, although it's still very uncommon in the rest of the world. Trends in Health Savings Account Balances, Contributions, Distributions, and Investments, 2011 ‒ 2016: Statistics from the EB...
by hoppy08520
Fri Sep 01, 2017 1:08 pm
Forum: Investing - Theory, News & General
Topic: BenefitWallet HSA Lowers Fund Expenses, adds Vanguard Institutional Shares
Replies: 2
Views: 377

Re: BenefitWallet HSA Lowers Fund Expenses, adds Vanguard Institutional Shares

As a BenefitWallet account holder, I was also happy to see this. I'll save $36 annually in lower expense ratio fees on my $27K account, which I hope to keep adding to. I have my entire HSA balance in TSM. Keep in mind that in addition to monthly fees to use the investment platform, BenefitWallet als...