Search found 205 matches

by abonder
Sun Jun 17, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Can we afford to drop our 401k contributions to pay for college?
Replies: 17
Views: 1948

Re: Can we afford to drop our 401k contributions to pay for college?

I suspect that you guys will be fine regardless of what you choose. You have a lot of potential income streams in retirement between pensions, SS, plus healthcare for you and likely her. And a good amount saved. And a flexible outlook in terms of your job looking forward. Of course, I think most Bog...
by abonder
Thu Jun 07, 2018 12:47 am
Forum: Investing - Help with Personal Investments
Topic: Investment planning
Replies: 2
Views: 381

Re: Investment planning

Your financial situation should not be the driving force here. You should do what pleases you. You have a lot of money and modest expenditures. You don’t necessarily need to make this all or nothing. Maybe try to pare back work (hire people, sell company, other options) and do some other things that...
by abonder
Wed Jun 06, 2018 1:00 am
Forum: Personal Consumer Issues
Topic: Trade in advice [Car]
Replies: 23
Views: 1686

Re: Trade in advice [Car]

I want to offer one viewpoint, and I’m not trying to be snarky. If you hate buying new cars and hate dealing with trade ins, have you considered just keeping your current car? I also find car transactions to be unpleasant and draining of time and money. That makes me open to keeping my vehicles as l...
by abonder
Thu May 31, 2018 12:48 pm
Forum: Personal Consumer Issues
Topic: Used car buying advice!
Replies: 41
Views: 2961

Re: Used car buying advice!

OP - do you need a three-row SUV? It sounds like the Camry was too small for your family? I only ask because 3 row Japanese SUVs are going to cost you as they tend to depreciate slowly and SUVs are all the rage these days (not sure why). Could a larger sedan work for you? Chevy impalas have a good r...
by abonder
Mon May 28, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350, Audi Q5, or Volvo XC 60 (update)
Replies: 121
Views: 9071

Re: Lexus RX 350, Audi Q5, or Volvo XC 60 (update)

I want to echo Livesoft’s sentiments that I think you’re getting a bad price for a 2017 CPO. I’d wait and keep watching/negotiating. These cars are commodities. I can see thirty 2016-2017 models in stock at my local dealer. Also do some research on new model prices. If the differences isn’t much, it...
by abonder
Fri May 25, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Is backdoor Roth IRA eliminated in 2018?
Replies: 19
Views: 3574

Re: Is backdoor Roth IRA eliminated in 2018?

Thanks for the clarification. I will continue to backdoor Roth with a clean conscience! I love the reassurance from knowledgeable posters here. Thanks for sharing.
by abonder
Fri May 25, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Is backdoor Roth IRA eliminated in 2018?
Replies: 19
Views: 3574

Re: Is backdoor Roth IRA eliminated in 2018?

I definitely understood the elimination of “retrospective” recharacterizarions. For some reason I also had read that the entire “backdoor” maneuver had been closed. Not the application of the step doctrine which was theoretically existed as long as the backdoor has been “open,” but rather an additio...
by abonder
Fri May 25, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Is backdoor Roth IRA eliminated in 2018?
Replies: 19
Views: 3574

Is backdoor Roth IRA eliminated in 2018?

I’ve googled this and found different answers. I have also seen it come up in several posts here (where it wasn’t the primary issue but was mentioned). I just wanted to throw it out there. A very knowledgeable colleague also mentioned this, but that person had not done the backdoor Roth in the past ...
by abonder
Wed May 16, 2018 11:37 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350, Audi Q5, or Volvo XC 60 (update)
Replies: 121
Views: 9071

Re: Lexus RX 350, Audi Q5, or Volvo XC 60

It seems that reliability/durability is top priority. Obviously fuel economy plays into it with the longish commute. I think you should hone in on a 2-year-old RX. It’s a commodity - there’s always a ton of them off lease and you should be able to pick up for around 30k. Livesoft wrote a post a whil...
by abonder
Mon May 14, 2018 3:39 pm
Forum: Personal Consumer Issues
Topic: Planning to buy car in next 6 months, please advise
Replies: 13
Views: 1473

Re: Planning to buy car in next 6 months, please advise

I think you approaching this in an open minded frame set and that is good. With one kiddo almost any car will work. I have friends who have two kids and have a 2 door Mercedes coupe and think nothing of it. You certainly don’t need a three row vehicle. You may not even need an SUV st all. You alread...
by abonder
Sat May 12, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help to Leave Edward Jones / Allocation & Taxes
Replies: 18
Views: 1755

Re: Help to Leave Edward Jones / Allocation & Taxes

Lots of good questions and I’m not suited to answer them all, but I’ll try to start. Number one thing is definitely leave Edward Jones. They’re the absolute worst. 1. Vanguard is very popular. Customer service isn’t always top notch. But they have low fees and they’ve driven the low fee, low cost mo...
by abonder
Thu May 03, 2018 12:49 am
Forum: Investing - Help with Personal Investments
Topic: How are you widow-proofing?
Replies: 35
Views: 4542

Re: How are you widow-proofing?

Just had to reply that the Jon Oliver clip is pure brilliance. It’s like a snide and theatrical version of “If you can!”
by abonder
Sun Apr 29, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: At a crossroads. Does my plan make sense?
Replies: 29
Views: 2704

Re: At a crossroads. Does my plan make sense?

I know Bogleheads are a conservative group, but I think you’re being conservative even by these standards. 50x spending is uber safe. I don’t hunk that you should endure an uncomfortable position at age 62 when you have a paid off condo and 6.2 million. I think the plan you presented works. But I th...
by abonder
Thu Apr 26, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: New Physician Portfolio Review [Updated 2 years after]
Replies: 12
Views: 2188

Re: New Physician Portfolio Review [Updated 2 years after]

I have 30k in a non-gov 457b that I left with old employer when I moved to a new position with no receiving 457b. I currently have it paying out at retirement age. I view it as a bonus that may be available to me some day! I honestly don’t know if I can change the distribution to a different time. I...
by abonder
Mon Apr 23, 2018 9:33 am
Forum: Personal Consumer Issues
Topic: Looking to purchase new car/SUV
Replies: 51
Views: 3051

Re: Looking to purchase new car/SUV

From your post, it seems like your priorities are reliability and fuel economy. In my mind, that points to a Prius. Amongst the most reliable cars. Cost is More that comparable-sized non-hybrids, but with the commute, your wife would really benefit from the 50 mpg and the really low costs to operate...
by abonder
Sun Apr 15, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: Having Child; Car Purchase maybe?
Replies: 40
Views: 1983

Re: Having Child; Car Purchase maybe?

I think you’ve gotten good advice to wait on changes. The Camry is an excellent family car. Large back seat, large trunk, reliable. Back seat of a sedan of that size is likely bigger than the second row of most SUVs. I think the rush to SUV is unnecessary and expensive. The best thing I can recommen...
by abonder
Wed Apr 11, 2018 10:57 pm
Forum: Personal Consumer Issues
Topic: How can I get the best price for a new Porsche Cayenne?
Replies: 14
Views: 1841

Re: How can I get the best price for a new Porsche Cayenne?

Once you know the model, trim, options etc then do an email assault. There’s a number of threads here describing the tactic. Also search forums for prices paid - there’s usually a forum for each make/model, so you can get a good idea of prices. Usually, but not always, there is a volume dealer in yo...
by abonder
Sat Mar 31, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Wireless phone use in Italy
Replies: 18
Views: 1382

Re: Wireless phone use in Italy

Thanks so much. Sounds like buying a prepaid TIM or Vodaphone is ideal. I’ll try to help them plan for this.
by abonder
Sat Mar 31, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Wireless phone use in Italy
Replies: 18
Views: 1382

Re: Wireless phone use in Italy

Thanks for the replies. Do you know how difficult it is to purchase a SIM and plan on arrival? I had also read that this was cheapest but I was afraid it might be challenging for my relatives who aren’t that comfortable with tech stuff. Thanks.
by abonder
Sat Mar 31, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Wireless phone use in Italy
Replies: 18
Views: 1382

Wireless phone use in Italy

Asking for a family member. I read some of the posts on the topic but this seems like something that changes fairly often. Would like to get a SIM prior to departure if feasible with goal of working phone for data/text/possibly phone calls on arrival. Total needs limited. Some details. -not switchin...
by abonder
Sun Mar 25, 2018 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Living Expense Caught Up To Income
Replies: 48
Views: 7127

Re: Living Expense Caught Up To Income

Since the car payment and the hair transplant are “off the table,” then I’d have to say that the rest of the budget looks pretty responsible. It sounds like you’ve already tapered off the front row concert tix etc. it seems like your financial situation will resolve itself as long as you don’t incur...
by abonder
Thu Mar 22, 2018 9:56 am
Forum: Personal Consumer Issues
Topic: New vs Used Camry vs Accord
Replies: 64
Views: 4022

Re: New vs Used Camry vs Accord

I think you have gotten good advice. Just a few points (and reiteration of prior points). 1. Neither Camry nor Accord are particularly great “deals” used due to low depreciation. That being said, sedans are not in demand (it’s all about the crossovers and SUVs) so there may be more wiggle room both ...
by abonder
Tue Mar 20, 2018 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 31751

Re: Those with high savings rate: why?

One other thing that relates to this thread. Been speaking casually with a colleague and turned them onto this site. Suddenly the interest in exotic cars and nice homes seems to have just gone away. This person tells me that they want to achieve FI as soon as possible. Realized that the freedom and ...
by abonder
Tue Mar 20, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 31751

Re: Those with high savings rate: why?

Did you accidentally end up at BH? We don't let your type have much say here :-) It is really shocking how conservative the collective BH is. Your viewpoint comes across as breath of fresh air but it is extremely rare. I really applaud you for providing contrary position on this forum. For a contra...
by abonder
Thu Mar 15, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Tips on saving on living expenses for a first time single householder
Replies: 46
Views: 3173

Re: Tips on saving on living expenses for a first time single householder

You’ve gotten mostly good advice. Learn to cook for health reasons as much as financial ones. It’s just difficult to eat a healthy, balanced diet if you’re eating out. But do eat out with friends for the social element and to experience new life different cuisines. Just try to avoid eating out simpl...
by abonder
Tue Mar 06, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Non-Government 457 - To do or not to do!
Replies: 7
Views: 726

Re: Non-Government 457 - To do or not to do!

I wish I knew the answer. I had a non-governmental 457b at my prior job that I contributed to (12k per year). When I switched jobs, I didn’t have a non-gov 457b at the new employer to roll into and we were in top tax bracket with married and both working, so I chose to defer the payout till 65. I gu...
by abonder
Tue Mar 06, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: Which car, Porsche Cayenne or Volvo XC90?
Replies: 71
Views: 5900

Re: Which car, Porsche Cayenne or Volvo XC90?

I love the car threads for two reasons. First , I’m fascinated by cars and am a car enthusiast. Second, I love the collision of wealth, frugality, automotive enthusiasm, pragmatism, etc that comes forth in these threads. I agree that there tends to be harsher response to luxury car spending vs other...
by abonder
Sun Feb 04, 2018 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: The big 5-0 and financial check up-advice please
Replies: 9
Views: 1811

Re: The big 5-0 and financial check up-advice please

Admirable position that you are in overall. You asked a lot of really big, contentious questions at the end of your post. In terms of social security - read up on this. Many Bogleheads advocate delaying taking SS as long as possible, as they view it more as longevity insurance rather than income to ...
by abonder
Sat Feb 03, 2018 8:08 pm
Forum: Personal Consumer Issues
Topic: Buy vs Lease vs Trade
Replies: 4
Views: 446

Re: Buy vs Lease vs Trade

I don’t believe that you have given enough information for people to weigh in meaningfully. The first question is why you’re changing vehicles? If you’re needs have changed, then changes vehicles may be necessary. Otherwise, keeping your existing vehicle is almost always the most financially prudent...
by abonder
Sun Jan 21, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy a business or suck it up at a job(s) with a pension.
Replies: 82
Views: 6354

Re: Should I buy a business or suck it up at a job(s) with a pension.

I think the financial advice you’ve received is spot on. There’s a clear answer here and we all know it. The other issue is your mental health and overall well-being. I think you’ve been too dismissive of how transformational a change in your role, your location, etc might be. Maybe there’s opportun...
by abonder
Sat Jan 20, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Is there anything else I can do?
Replies: 10
Views: 1307

Re: Is there anything else I can do?

You’ll get more help if you post in the format illustrated by this thread: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 It sounds like you’re doing a lot of things well. Maxing tax-deferred, good income. It will be easier to provide guidance if the additional information is provided alo...
by abonder
Thu Jan 11, 2018 7:19 pm
Forum: Personal Consumer Issues
Topic: Which Car To Keep
Replies: 25
Views: 1603

Re: Which Car To Keep

You could make a case for either approach, but I think you made the right choice selling the Pilot. I view having a van plus a pickup truck as greater overall utility than a van plus pilot. The van is superior to the pilot for moving people and gear and the truck is superior for daily use and projec...
by abonder
Thu Jan 11, 2018 2:31 am
Forum: Personal Consumer Issues
Topic: Help choosing a hatchback- civic, golf, prius and Volvo V60
Replies: 40
Views: 2554

Re: Help choosing a hatchback- civic, golf, prius and Volvo V60

I agree that a 2-3 year old v60 seems to be a steal, at least relative to its level of luxuries and original price as a new vehicle. I suspect that Lower expected reliability and higher maintenance costs account for this high depreciation. I tried to learn more but last time I checked consumer repo...
by abonder
Tue Jan 09, 2018 9:28 pm
Forum: Personal Consumer Issues
Topic: Help choosing a hatchback- civic, golf, prius and Volvo V60
Replies: 40
Views: 2554

Re: Help choosing a hatchback- civic, golf, prius and Volvo V60

I agree that a 2-3 year old v60 seems to be a steal, at least relative to its level of luxuries and original price as a new vehicle. I suspect that Lower expected reliability and higher maintenance costs account for this high depreciation. I tried to learn more but last time I checked consumer repor...
by abonder
Sat Dec 30, 2017 1:12 am
Forum: Personal Consumer Issues
Topic: Hyundai quality and reliability
Replies: 41
Views: 3956

Re: Hyundai quality and reliability

I second the request for opinions on the Sedona. It’s rated average reliability by CR (same as odyssey) and it depreciates pretty quickly, which has always made me think it could be a good option as a lightly used purchase. Happy to hear if anyone has insight.
by abonder
Wed Dec 27, 2017 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: wisdom of buying a car about to be discontinued
Replies: 17
Views: 2695

Re: wisdom of buying a car about to be discontinued

A quick search in my area reveals the price to be in line with other cmax fusions for sale. I like the idea of finding a good car with terrible depreciation and scoring it used. If you plan on keeping the car for most or all of it’s usable life, then the rate of depreciation from the time you buy it...
by abonder
Mon Dec 25, 2017 6:05 pm
Forum: Personal Consumer Issues
Topic: manual car for new teen driver
Replies: 143
Views: 7696

Re: manual car for new teen driver

Mazda 3 can be had with a manual. You could probably get 2012 or older for under 10k. I’ve had my 2011 manual for 6+ years with minimal issues and have always found it to be enjoyable and fun to drive (considering it’s an economy car).
by abonder
Sun Dec 24, 2017 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: car thread- too much money?
Replies: 85
Views: 7594

Re: car thread- too much money?

The OP can definitely afford to buy two new, reasonably-priced, reliable, practical vehicles. There's a million threads on new vs. used, but if you're buying a reliable vehicle and using for many years, then you're basically doing most things right. Could the OP possibly identify high-quality used o...
by abonder
Mon Dec 18, 2017 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: opinions requested on student college decision / financial related
Replies: 87
Views: 4921

Re: opinions requested on student college decision / financial related

I think this is a winning situation regardless of the direction you/your daughter chooses. She’s fortunate to have parents who can provide financial support for her advanced schooling. Even if she ends up going to the flagship state school, she’s going to graduate debt-free with an excellent degree....
by abonder
Mon Dec 18, 2017 2:23 am
Forum: Investing - Help with Personal Investments
Topic: General advice for a new attending physician
Replies: 18
Views: 2509

Re: General advice for a new attending physician

If you want to invest in real estate, I would do a lot of learning first. As you noted, a single family home in your area might not be the most effficient use of your resources. I think your overall plan of staying in your paid off home, saving a high percentage of your income, and holding off on a ...
by abonder
Fri Dec 15, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Worth it financially to trade my Tesla Model S for a Model 3? Got my configuration invite
Replies: 34
Views: 2901

Re: Worth it financially to trade my Tesla Model S for a Model 3? Got my configuration invite

Just chiming in again. You’ve gotten reasonable feedback. I’d echo that I really don’t think making the trade will be the most cost effective way to stay in the Tesla ecosystem. I think keeping the S is the most cost-effective way for you to continue driving a Tesla. If you would prefer to drive a n...
by abonder
Fri Dec 15, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350 - new vs. preowned
Replies: 29
Views: 2687

Re: Lexus RX 350 - new vs. preowned

Thanks for the summary. I think being bold and undeterred by rejection is probably the key thing. I did try to search for the old post but i couldn’t quite locate what I was thinking of. I feel like you should open a car shopping consultancy. You do the dirty work and get people good deals. I know t...
by abonder
Fri Dec 15, 2017 1:21 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350 - new vs. preowned
Replies: 29
Views: 2687

Re: Lexus RX 350 - new vs. preowned

Thanks live soft. I looked at both your posts but I thought that somewhere you had a detailed post about exactly how you negotiated for the very significant discount on your used RX 350. Do you recall that or am I confusing some posts. Thanks again for all the thoughts from everyone.
by abonder
Fri Dec 15, 2017 12:47 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350 - new vs. preowned
Replies: 29
Views: 2687

Re: Lexus RX 350 - new vs. preowned

Thanks for all of the feedback. It seems like the consensus is mixed but the overall feeling is that used or new can work. I seem to see a lot of 2-3 year old models around here,mostly coming off lease. It seems to me like there’s enough depreciation to at least make an argument for going used, pres...
by abonder
Fri Dec 15, 2017 12:39 am
Forum: Personal Consumer Issues
Topic: Lexus RX 350 - new vs. preowned
Replies: 29
Views: 2687

Lexus RX 350 - new vs. preowned

Asking for a friend. Friend wants to move forward with purchasing a Lexus RX 350. Feels this vehicle will fit their needs. Open to new or 2-3 year-old lowish mileage options. Trying to assist in helping friend move forward. I’ve read a million new vs used Bogleheads threads and I know it’s often har...
by abonder
Fri Dec 15, 2017 12:15 am
Forum: Personal Finance (Not Investing)
Topic: Worth it financially to trade my Tesla Model S for a Model 3? Got my configuration invite
Replies: 34
Views: 2901

Re: Worth it financially to trade my Tesla Model S for a Model 3? Got my configuration invite

There’s rarely a case with vehicles where it’s financially advantageous to sell one car to buy another. It’s just that you end up taking a bath on transaction costs and you can rarely get both a fair price on the trade in/car you are selling and the new car you are buying. I don’t know enough of Tes...
by abonder
Mon Dec 11, 2017 4:51 pm
Forum: Personal Consumer Issues
Topic: My Costco/TrueCar auto shopping experience
Replies: 47
Views: 37443

Re: My Costco/TrueCar auto shopping experience

But I sent the email to all dealers within a 150 mile radius (about 12) and got back a wide range of OTD offers... OMG, how did you get them to do that!!! I know the car I want and the options I want. I emailed the closest dealers in my area (also about 12 or so) telling them the car I wanted and t...
by abonder
Mon Dec 11, 2017 4:50 pm
Forum: Personal Consumer Issues
Topic: My Costco/TrueCar auto shopping experience
Replies: 47
Views: 37443

Re: My Costco/TrueCar auto shopping experience

But I sent the email to all dealers within a 150 mile radius (about 12) and got back a wide range of OTD offers... OMG, how did you get them to do that!!! I know the car I want and the options I want. I emailed the closest dealers in my area (also about 12 or so) telling them the car I wanted and t...
by abonder
Sun Dec 03, 2017 1:23 am
Forum: Personal Consumer Issues
Topic: Electric Car (Nissan Leaf) for a teen driver?
Replies: 43
Views: 3785

Re: Electric Car (Nissan Leaf) for a teen driver?

I still think it’s a cool idea for a third family car primarily for teen drivers staying locally. I don’t know the safety stats but have no reason to believe muchbfofferent from other similarly sized vehicles. I agree that depreciation is less severe when to account for fact that nobody pays near MS...
by abonder
Thu Nov 30, 2017 2:18 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?
Replies: 112
Views: 17374

Re: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?

Thanks so much for following up. I think that delayed follow-up posts are some of the most interesting. I know the stories are anecdotal, but they still provide a framework for thinking about things. It’s wonderful that, in your case, you chose to maintain a work-life balance that enabled you to hav...