Search found 266 matches

by jjunk
Thu Sep 19, 2019 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 107
Views: 6770

Re: IT compensation comparison

There's a huge difference between FANGM (the big boys) and everybody else - namely the stock packages and stock compensation. The short answer is: $180K quite normal at the 3 year mark if you add that all together for software engineers at a top tier tech company. They would likely be earning >$300...
by jjunk
Fri Sep 06, 2019 7:52 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4705
Views: 1208102

Re: What Movie Have You Recently Watched?

Dark Phoenix - Latest movie in the X-Men series. Acting wasnt very good, nor was the story but the action scenes made it watchable First Blood - DW had never seen a Rambo movie before and that needed to be fixed. She hated it, I watched it for probably the 30th time John Wick Parabellum - Third movi...
by jjunk
Mon Aug 19, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: How to define "HCOL" (high cost of living) areas?
Replies: 79
Views: 4686

Re: How to define "HCOL" (high cost of living) areas?

This is a list of household income by county. It is a better indicator of HCOL area IMHO. High income means higher prices for everything. 1 Loudoun County Virginia $134,464 2 Howard County Maryland $120,941 3 Fairfax County Virginia $115,717 4 Hunterdon County New Jersey $113,684 5 Santa Clara Coun...
by jjunk
Thu Aug 08, 2019 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Mentoring in the office - what to expect?
Replies: 25
Views: 2791

Re: Mentoring in the office - what to expect?

My best mentee's have been those who come into the conversations with an initial idea as to what they'd like to get out of the interaction. Do you want to know more about what being a good M1 is? Are you having issues dealing with tough employee conversations? Are you looking for advice on how promo...
by jjunk
Thu Aug 08, 2019 9:18 am
Forum: Personal Consumer Issues
Topic: Silicon Valley Interview Attire
Replies: 30
Views: 2622

Re: Silicon Valley Interview Attire

I'd look at what the CEO wears and mimic that. If you can't do that, then go with T-shirt, jeans and sneakers - but not sloppy ones. This. Most of the graduates I interview are generally in a decent pair of jeans, clean sneakers and a t-shirt. Just dont have anything stupid on the t-shirt and you'l...
by jjunk
Fri Jul 26, 2019 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: PPO vs HMO
Replies: 18
Views: 1428

Re: PPO vs HMO

In the HMO system, as a new to the plan patient, there's a non-zero chance my first need for care will be related to my currently chronic issues. How often do you change plans? (Asking because I really don't know how common it is: in my five years living in the US, I've stayed with the same insurer...
by jjunk
Fri Jul 26, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: PPO vs HMO
Replies: 18
Views: 1428

Re: PPO vs HMO

I guess this is very unamerican of me, but I really don't get the aversion to HMOs. I dont have an aversion to HMOs per se, just the gatekeeper aspect of it. For example, I suffer from a couple of different gastro issues which are chronic and will be with me the remainder of my life. They'll never ...
by jjunk
Fri Jul 26, 2019 11:29 am
Forum: Personal Finance (Not Investing)
Topic: PPO vs HMO
Replies: 18
Views: 1428

Re: PPO vs HMO

I just wish there were more states with PPOs still available in the ACA. In my home state (WA), we no longer have PPO options in the networks, only HMO and EPO (at least last time I checked). Since I have existing relationships with several specialists I definitely want to maintain, my only option i...
by jjunk
Fri Jul 26, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Equifax settlement: how to file claim?
Replies: 147
Views: 12729

Re: Equifax Settlement Claims

I submitted mine for 7hrs of time. I figured it covers the cost of actually paying for the freezes I had to pay for as well as the time spent researching (like you mentioned). I get free credit monitoring from work so I also took the $125.
by jjunk
Thu Jul 25, 2019 11:15 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

Further testing by others and Kitces himself has shown the reverse glidepath to pretty much be bunk. A fixed AA has done at least as well. There are threads you can find about it on this forum. I found a few links. https://www.bogleheads.org/forum/viewtopic.php?t=165050 https://www.bogleheads.org/f...
by jjunk
Thu Jul 25, 2019 10:41 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

I've seen plenty of threads and articles about sequence of returns risk. This creates a bit of a paradox as I need/want the security of a higher bond allocation to reduce overall risk as we inch closer to retirement but I need (or feel I need) the higher risk/return potential of the extra equity ho...
by jjunk
Thu Jul 25, 2019 10:28 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

So just to be crystal clear, you're delaying retirement because you don't want to cut your current spending by around 10%? I'm not saying that that is unreasonable at all. Truth be told, I'll probably work at least 3-4 years later than I need to for this same reason. However, you need to be very co...
by jjunk
Thu Jul 25, 2019 9:54 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

One source you might find helpful is Michael H McClung's Living Off Your Money. The author has a computer science background and his deep dives on AA and variable withdrawal strategies are very interesting. :sharebeer I love Michael's work! Glad to see so many others have read his book, its fantast...
by jjunk
Thu Jul 25, 2019 9:53 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

But it sounds to me like you really just need a career break. You can do anything. That doesn't mean you have to do nothing. It seems like you're limiting your options too much . I personally wouldn't take any job that requires 60 hours/week. Technical skills are transferrable to a different type o...
by jjunk
Thu Jul 25, 2019 9:48 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

I wonder if you could split the difference with your wife. Since you have a lot of discretionary spending, could you cut spending by 10% so that you could save more and retire earlier? No amount of money will replace your health. Yes, we could do this fairly easily. I dont know how much difference ...
by jjunk
Thu Jul 25, 2019 9:45 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

Unclear whether you used the highest premium for your age or the highest premium for a 64+ year old. I'd recommend at least looking at the later. ACA premiums really start to rise in your 50s into 60s (pre - Medicare). This still isn't a great estimate but don't plan on paying 45 year old ACA premi...
by jjunk
Thu Jul 25, 2019 9:43 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

...my current holdings would give me a 4% SWR which easily pays all of my required and discretionary spending. I'd like that to be closer to a 3.5% SWR for the added safety and buffer. We can easily cut our spending by 20% if we need to and not be disappointed. Someone please slap me in the face if...
by jjunk
Thu Jul 25, 2019 6:09 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

KlangFool wrote:
Thu Jul 25, 2019 3:30 pm
OP,

In my opinion, you need to look at your AA another way too. Is 40% of your portfolio equal to 10 years of your annual expense? If not, 60/40 might be too aggressive for you.

KlangFool
Thanks for the response. Yes, 40% of my portfolio covers 10yrs of expenses (at my higher QOL number).
by jjunk
Thu Jul 25, 2019 6:08 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

How about a different job/career? When you are ahead of the game, you have options. You don't need to save as much or work as much or take as much stock risk. Dying is a retirement killer. I moved out of a higher stress career to a lower stress career. Lost some stock options. $10k less salary. Not...
by jjunk
Thu Jul 25, 2019 6:04 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

Trying to get control of healthcare costs is one of the most debated topics in America right now. Generally, many would acknowledge that trying to predict out-of-pocket healthcare expenses in this turbulent environment is not possible. The one thing that most experts would agree on is that the vola...
by jjunk
Thu Jul 25, 2019 3:28 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

The numbers say your chances of portfolio survival are better with higher stock allocation the earlier your retirement. A high bond allocation subjects you to inflation risk. The best protection against both inflation and market risk is low withdrawal rate. If you can get your withdrawal rate to 3%...
by jjunk
Thu Jul 25, 2019 3:24 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Re: Early retirement - when to start thinking about less equity?

my current holdings would give me a 4% SWR which easily pays all of my required and discretionary spending. I'd like that to be closer to a 3.5% SWR for the added safety and buffer. 4% SWR is based on a 30-year retirement, and still fails 1 in 20 times in Monte Carlo tests. You need to be thinking ...
by jjunk
Thu Jul 25, 2019 2:48 pm
Forum: Investing - Theory, News & General
Topic: Early retirement - when to start thinking about less equity?
Replies: 34
Views: 3034

Early retirement - when to start thinking about less equity?

I'm 45, almost 46 and have been bouncing around the idea of retiring on and off for a while now. As I've done so, the two largest questions I keep coming back to are: 1. How much is healthcare going to cost me pre-Medicare? 2. When do I start getting more conservative with my AA, especially towards ...
by jjunk
Tue Jul 23, 2019 9:19 am
Forum: Personal Consumer Issues
Topic: What companies provide the best customer service
Replies: 58
Views: 3772

Re: What companies provide the best customer service

I can't agree with the Amazon suggestions. Yeah, it's great they will refund or replace almost anything with few questions asked, however their entire retail business model has gotten purposefully so sloppy that something like 20% of things we buy from them are counterfeit, damaged or otherwise not...
by jjunk
Tue Jul 09, 2019 11:15 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4705
Views: 1208102

Re: What Movie Have You Recently Watched?

Spiderman: Far From Home - loved it but I'm an MCU and Spiderman homer so it wasnt shocking. Really looking forward to what they do with this iteration of Spiderman Toy Story 4 - it didnt do it for me or my wife. We absolutely loved the first three movies and were genuinely excited to see this one s...
by jjunk
Fri Jun 21, 2019 6:36 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 2775

Re: Best fixed income instrument for 150K in taxable acct


Could you invest it according to your asset allocation and would the resulting dividend income fund retirement?
Yes, if I put this into FXNAX it would be inline with my AA and any dividends it produces would be to fund retirement expenses.
by jjunk
Fri Jun 21, 2019 6:01 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 2775

Re: Best fixed income instrument for 150K in taxable acct

The 30 day yield on FXNAX is sitting ~2.79% right now. Can you help me understand what you mean by saying FXNAX earns close to nothing? Seems like it would be better than cash unless you're saying you think it would be best not to take the duration risk for 70bp. Better suggestion - create a 3 year...
by jjunk
Fri Jun 21, 2019 5:08 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 2775

Re: Best fixed income instrument for 150K in taxable acct

The 30 day yield on FXNAX is sitting ~2.79% right now. Can you help me understand what you mean by saying FXNAX earns close to nothing? Seems like it would be better than cash unless you're saying you think it would be best not to take the duration risk for 70bp. jjunk, <<30-Day Yield 3 2.79% 5/31/...
by jjunk
Fri Jun 21, 2019 5:00 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 2775

Re: Best fixed income instrument for 150K in taxable acct

The 30 day yield on FXNAX is sitting ~2.79% right now. Can you help me understand what you mean by saying FXNAX earns close to nothing? Seems like it would be better than cash unless you're saying you think it would be best not to take the duration risk for 70bp.
by jjunk
Fri Jun 21, 2019 4:32 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 2775

Re: Best fixed income instrument for 150K in taxable acct

I think the point KlangFool is trying to make is, are you not allocating this money according to your asset allocation? If not, what's going to happen in 3 years if you do retire? Will you withdraw another 3 years of expenses at once and put that in fixed income? (Most people withdraw when they nee...
by jjunk
Fri Jun 21, 2019 12:21 pm
Forum: Personal Investments
Topic: Best fixed income instrument for 150K in taxable acct
Replies: 24
Views: 2775

Best fixed income instrument for 150K in taxable acct

I have 150K I need to allocate to fixed income. I hold a very simple two fund portfolio of S&P500 (IVV) and Intermediate Bonds (FXNAX). Normally, this would be an easy decision for me and I'd just drop it into FXNAX and forget about it. However, there's a non-zero chance I might retire in Sept/Oct o...
by jjunk
Sun Jun 16, 2019 4:25 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 14374

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Congrats on the R8. I didnt read through this entire thread so I dont know if the car was ever thrown out there, but if you wanted something unique that isnt going to cost millions of dollars, get a Singer Porsche. You'll have to wait several years to get one but you're basically assured of getting ...
by jjunk
Mon May 06, 2019 6:15 pm
Forum: Personal Investments
Topic: Mega Backdoor Roth vs. EF/Taxable
Replies: 11
Views: 1205

Re: Mega Backdoor Roth vs. EF/Taxable

OOC how do people feel about this (AT 401K vs. taxable) if you're 45 and 4-5yrs from fully retiring? I've been betting that the money in taxable is the better choice since I'll need it to get to 59.5++ but maybe I'm wrong?
by jjunk
Fri Apr 26, 2019 1:14 pm
Forum: Investing - Theory, News & General
Topic: Tax gain harvesting question
Replies: 5
Views: 388

Re: Tax gain harvesting question

@megabad I see, thanks for the additional info. I will "hopefully" have SS at some point in retirement (I'm only 45 atm) but its not something I've spent much time worrying about aside from knowing what my estimated benefits are. My assumption was that by the time any funds hit there, it would likel...
by jjunk
Fri Apr 26, 2019 11:00 am
Forum: Investing - Theory, News & General
Topic: Tax gain harvesting question
Replies: 5
Views: 388

Re: Tax gain harvesting question

Your annual expenses may not have any bearing on what your income and tax bracket are in retirement so be careful using that assumption. In your case, since you don't need the money, if you want to leave to heirs, I would think it would be most beneficial to deduct your carryover losses from income...
by jjunk
Fri Apr 26, 2019 9:58 am
Forum: Investing - Theory, News & General
Topic: Tax gain harvesting question
Replies: 5
Views: 388

Tax gain harvesting question

I currently have ~47K in short term losses and ~5K in long term losses booked in my taxable account. Originally, I'd been planning on using these in retirement to offset capital gains. Given that my annual expenses in retirement are likely to be in the 60-70K/yr range, after using dividends to cover...
by jjunk
Thu Apr 25, 2019 3:21 pm
Forum: Personal Investments
Topic: Capital Loss Carryover Question
Replies: 6
Views: 706

Re: Capital Loss Carryover Question

Capital Losses have to be used first for off-setting CGs, even if those gains are taxed at 0%. Any remaining can be used first to off-set 3000 income, then used in the future the same way. Question on this point. Say I have 50K in a mix of short and long term losses that I've been carrying over for...
by jjunk
Wed Apr 17, 2019 1:35 pm
Forum: Personal Consumer Issues
Topic: I give up on discount movie apps....
Replies: 11
Views: 1292

Re: I give up on discount movie apps....

If you have an AMC near you, their program is excellent. It costs 22-25/mo depending on your location and you can see up to 3 movies a week, including all special formats (3D, IMAX, Dolby, etc). They also give you points in their own rewards system and the monthly fee generates a $5 reward every few...
by jjunk
Wed Apr 17, 2019 1:29 pm
Forum: Investing - Theory, News & General
Topic: Five Year TIPs Auction
Replies: 3
Views: 445

Re: Five Year TIPs Auction

TIPS Watch did a good write up of the offering here: https://seekingalpha.com/article/425434 ... acceptable
by jjunk
Mon Apr 08, 2019 4:25 pm
Forum: Personal Investments
Topic: How far from retirement should you start adjusting asset allocation?
Replies: 14
Views: 1344

Re: How far from retirement should you start adjusting asset allocation?

I think the "early retirement" part here might be being overlooked. You're basically in the exact same situation my wife and I project being in ~10 years and I've recently been thinking and reading up quite a bit on adjustments that need to be made from conventional retirement rules of thumb to sup...
by jjunk
Mon Apr 08, 2019 4:22 pm
Forum: Personal Investments
Topic: How far from retirement should you start adjusting asset allocation?
Replies: 14
Views: 1344

Re: How far from retirement should you start adjusting asset allocation?

It depends. Good work on the $. What are your expenses? How will you fund health insurance? I recall longer retirements require larger stock allocations to capture growth. One of us is less than a year from retiring, the other could quit though emotional comfort and insurance will keep one of us wo...
by jjunk
Mon Apr 08, 2019 1:44 pm
Forum: Personal Investments
Topic: How far from retirement should you start adjusting asset allocation?
Replies: 14
Views: 1344

Re: How far from retirement should you start adjusting asset allocation?

I'm 45, my DW is 44. We have no kids and are not home owners. Our current net worth is in the low 2M range. We would like to retire early, within the next 1-5yrs and I've been considering a change to our asset allocation from 70/30 to 60/40. So, start with the knowledge that the difference between ...
by jjunk
Mon Apr 08, 2019 1:27 pm
Forum: Personal Investments
Topic: How far from retirement should you start adjusting asset allocation?
Replies: 14
Views: 1344

Re: How far from retirement should you start adjusting asset allocation?

I see Roth space being wasted for bonds, should be 100% stocks. Better than holding stock funds in taxable since no cap gains taxes or qualified / non qualified dividends to worry about. Shift some of the taxable money to bond like instruments, not necessarily bonds themselves. CDs, money market, e...
by jjunk
Mon Apr 08, 2019 1:25 pm
Forum: Personal Investments
Topic: How far from retirement should you start adjusting asset allocation?
Replies: 14
Views: 1344

Re: How far from retirement should you start adjusting asset allocation?

The option of buying bonds in taxable would allow you to shift your allocation without having to liquidate anything. If you share your income tax brackets and what state you live in you will probably get very helpful advice on which bonds in taxable would be the best fit for you. Thanks. I'm in WA ...
by jjunk
Mon Apr 08, 2019 11:53 am
Forum: Personal Investments
Topic: How far from retirement should you start adjusting asset allocation?
Replies: 14
Views: 1344

How far from retirement should you start adjusting asset allocation?

I'm 45, my DW is 44. We have no kids and are not home owners. Our current net worth is in the low 2M range. We would like to retire early, within the next 1-5yrs and I've been considering a change to our asset allocation from 70/30 to 60/40. We do not have any family to leave a legacy to, so its fin...
by jjunk
Wed Mar 27, 2019 3:52 pm
Forum: Investing - Theory, News & General
Topic: Help me with my retirement math
Replies: 7
Views: 737

Re: Help me with my retirement math

given 2.2M and ~72K in annual expenses on a 70/30 portfolio, would it last for 40yrs without running out of money. Have you tried FIRECalc ? I plugged in your numbers and it finds 100% success (barely). Default portfolio is 75% stock, which you can change on the "Your Portfolio" tab. Presumably you...
by jjunk
Wed Mar 27, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: Help me with my retirement math
Replies: 7
Views: 737

Re: Help me with my retirement math

I'm not sure I completely understand your question, but I wanted to make sure you understood how the 4% rule works as it wasn't clear to me from your question. It isn't 4% of your portfolio every year. It says to withdraw 4% of your portfolio the first year of your retirement, then increase the amo...
by jjunk
Wed Mar 27, 2019 2:17 pm
Forum: Investing - Theory, News & General
Topic: Help me with my retirement math
Replies: 7
Views: 737

Re: Help me with my retirement math

I think I'm approaching this the wrong way and thats my problem. I'm trying to find the right number which represents a SWR over a 40yr time which leaves around $0 but doesnt completely run out of money before then. Portfolio Charts has already given me that number, which is 3.8%/3.2%. Given I want ...
by jjunk
Wed Mar 27, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: Help me with my retirement math
Replies: 7
Views: 737

Help me with my retirement math

I'm sure this is something simple and that I've mentally manipulated myself into a position where I'm missing it, so I'm asking for help. My DW and I have been talking about what our "number" needs to be to properly retire. Most of my past readings on the topic suggest starting with 25x annual expen...
by jjunk
Sun Jan 13, 2019 8:55 pm
Forum: Personal Consumer Issues
Topic: MMORPG games
Replies: 63
Views: 5816

Re: MMORPG games


www.project1999.com


Pulled me back in a few years ago. If you want to re-create the old times it was great, but realized I had to stop before the addiction set in.
This may have just ruined my life.....thank you! :happy