Search found 45 matches

by davegreen10
Thu Nov 16, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 4430

Re: Fair way to split expenses?

We tried budgeting for a bout a year but it never worked well. We finally scrapped that and implemented our system. Note- I bring home 2/3 of the income. My responsibilities-Rent, utilities, phones and service, all insurance, max fund all retirement accounts (2x401k, 2x IRA, 2xHSA) , maintain emerge...
by davegreen10
Wed Nov 15, 2017 9:11 am
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 100
Views: 5182

Re: Tipping in living wage state. Redux.

If wait staff is earning $15 p/hr, I would employ the following formula to determine the appropriate tip. Amount of my check x 0 = tip amount This sounds to me like the knee jerk reaction of someone who lives in a LCOL area and thinks this wage is outrageous. I live in San Francisco which is a very...
by davegreen10
Thu Oct 05, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: another 2 comma club member
Replies: 48
Views: 4343

Re: another 2 comma club member

Congrats. Looking forward to crossing that threshold of net worth of all accounts in approx two years. It will be a few more before I can see it in just Vanguard. But thanks to compounding, they say the second million is much easier than the first. :beer
by davegreen10
Sat Sep 30, 2017 10:13 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 15317

Re: Why do you LBYM? Why do you save and invest?

Why do we LBYM: 1) Fear- I have been out of work due to layoff or injury a few times. My wife came out of a ten year deadbeat marriage (she paid the bills as best she could) with zero money and a <500 credit rating. Thankfully after 10 years of saving 1/3 of earnings we are well on our way to our re...
by davegreen10
Wed Aug 16, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Travelers Checks Question
Replies: 6
Views: 874

Re: Travelers Checks Question

Can the executor endorse them? If so just deposit into a bank account. Deceased Person's Unused Travelers Checks In the event you possess travelers checks that belonged to a person now deceased, store the serial numbers in a safe place and give them to the estate executor for deposit. A surviving sp...
by davegreen10
Wed Aug 16, 2017 10:11 am
Forum: Investing - Help with Personal Investments
Topic: California - clarification on taxes
Replies: 36
Views: 2770

Re: California - clarification on taxes

CA SDI caps out at $$110,902 for 2017 so you can subtract the .9% from your marginal rate as well
by davegreen10
Thu Aug 10, 2017 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Struggling with Justifying an Expensive Car Purchase
Replies: 120
Views: 6949

Re: Struggling with Justifying an Expensive Car Purchase

Buy the $35k car. If you don't get sick of it, you made the right decision. If you get tired of it after a few years, sell it and take the hit on the depreciation. :x But wait. You can now buy the current $70k car model used and it's taken an even bigger depreciation hit so you come out ahead. :shar...
by davegreen10
Wed Aug 02, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 25892

Re: How much money do you need to retire?

$1.8 million in today's dollars for two people (DW)
No home equity
Will retire when we are 63/55
Will spend down to $1.4m until we take SS at 70/62
by davegreen10
Wed Aug 02, 2017 8:39 am
Forum: Personal Consumer Issues
Topic: prescriptions drugs and claw backs
Replies: 20
Views: 1668

Re: prescriptions drugs and claw backs

I was in the same boat as OP with a prescription for my child a few years back and often would use the GoodRX discount vs insurance. One thing to point out when using the GoodRX discount, the prescription does not count against your deductible. I was willing to take that deal for the much lower pri...
by davegreen10
Thu Jul 27, 2017 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 7375

Re: Post Nuptial agreement guaranteeing alimony?

Thinking out of the box. Why not get legally divorced and continue to live together? -Make a relationship commitment to each other whatever you want that to be. -If you feel you need a legal piece of paper create your own civil contract between each other. Marriage (government as opposed to religion...
by davegreen10
Sun Jul 16, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: Teeth Whitening
Replies: 21
Views: 3105

Re: Teeth Whitening

The two main criteria for whitening effectiveness are: 1) Strength of whitening gel and 2) Duration of Use In Office will have the fastest (but not necessarily the deepest) results as they use the strongest formula. It is caustic enough to burn your gums so they will block out your soft tissue to pr...
by davegreen10
Sat Jul 15, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Cheap source for basic will
Replies: 34
Views: 2517

Re: Cheap source for basic will

If you work in the corporate world, companies frequently offer legal services as one of the optional benefits. I signed up one year during the open enrollment period. It cost me about $250 for the year. My wife and I did our will/trusts that year and discontinued the benefit the next time around. Th...
by davegreen10
Sat Jul 01, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: "Filling Your 401k with Company Stock"
Replies: 41
Views: 4639

Re: "Filling Your 401k with Company Stock"

My company (Fortune 300) pays half the match (3.5%) in company stock. At orientation a coworker asked if they can elect higher. They were told no; the company doesn't want you over allocated in that direction and feel free to purchase on your own outside the company plan.
by davegreen10
Tue May 23, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: To auto loan or not to auto loan?
Replies: 23
Views: 1855

Re: To auto loan or not to auto loan?

How disciplined are you behavior wise? That can affect your savings much more than the rate of loan or investment. For example, in these times of low interest, I have no problem over-withholding my taxes. Some will grouse that I am giving the government a free loan. However with less money in my dis...
by davegreen10
Thu May 18, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 14748

Re: For those with $500k-$1m in investments...

$50k emergency fund in taxable
$650k in tax adavantaged

Easy for us as we are barely able to max our tax advantaged accounts so not much left over for taxable
by davegreen10
Sat Dec 17, 2016 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Requiring Travel to "No Travel" Country
Replies: 48
Views: 7865

Re: Employer Requiring Travel to "No Travel" Country

What is this no travel list you are referring to? I know the state department does travel alerts and warnings but I am unaware of a no travel list: m They tend to be very cautious. I would be willing to visit several of the countries on this list if I felt comfortable after doing my own research. Re...
by davegreen10
Wed Nov 02, 2016 6:14 pm
Forum: Personal Consumer Issues
Topic: Custom suit in Thailand (Bangkok or Phuket) or Hong Kong?
Replies: 15
Views: 2485

Re: Custom suit in Thailand (Bangkok or Phuket) or Hong Kong?

Crown Tailor does good work. m I have never been but the they come to the states twice a year. They rent a hotel room for 2-3 day in 8-10 major cities. They do measurements and fabric selection by appointment. Six weeks later your clothes arrive from Thailand. Price is about equivalent to Nordstrom ...
by davegreen10
Sun Oct 30, 2016 9:32 pm
Forum: Personal Consumer Issues
Topic: Dental insurance doesn't pay full for porcelain crown
Replies: 14
Views: 2434

Re: Dental insurance doesn't pay full for porcelain crown

What does your insurance plan say? Most dental plans pay: 100% of preventative (cleaning, exam, xrays) 80% of minor restorative (fillings, deep cleanings) 50% of major restorative (crowns, bridges, implants) Most are capped at an annual benefit of $1-2k per year as well. Dental benefits are not real...
by davegreen10
Tue Jul 21, 2015 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Seeking car insurance alternatives in MA
Replies: 18
Views: 1372

Re: Seeking car insurance alternatives in MA

Have you tried the comparison tool the state provides?

http://www.mass.gov/ocabr/insurance/veh ... isons.html

It may be a good place to start
by davegreen10
Thu Mar 12, 2015 9:38 pm
Forum: Personal Consumer Issues
Topic: $600 night guard for teeth grinding, really?
Replies: 92
Views: 16630

Re: $600 night guard for teeth grinding, really?

Start with one of the OTC ones. Compliance is one of the biggest issues with nightguards. You don't want to be one of those people who spends the money and then doesn't wear it regularly. If the OTC one works fine then stick with it. But most people will want to get something that is precision fit a...
by davegreen10
Thu Feb 19, 2015 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Where should an HSA fit into investment priority?
Replies: 39
Views: 3654

Re: Where should an HSA fit into investment priority?

1) Max 401k to company match 2) HSA- If you make under the annual income cap for FICA ($118,500 for 2015) contribute to your HSA to the max if possible but at least to your anticipated (and unexpected) annual med expenses. If you are under this income limit HSA is pre fed/state/AND FICA tax while 40...
by davegreen10
Wed Jan 14, 2015 5:17 pm
Forum: Personal Consumer Issues
Topic: Saving vs Living
Replies: 33
Views: 5392

Re: Saving vs Living

As said, all about balance. Save diligently in case you live a very long time...and spend money now enjoying life in case you die tomorrow. Our goal of balance is to save enough that our standard of living never has to do down at some point in our life. If our investments do better than our conserva...
by davegreen10
Tue Jan 13, 2015 9:36 pm
Forum: Investing - Theory, News & General
Topic: What was your costliest investment mistake?
Replies: 162
Views: 25449

Re: What was your costliest investment mistake?

Delayed advancing my career while being a ski bum and a few other things along the way in between real jobs. My rationale was that I was taking my retirement a little bit at a time and I would just work a little longer. In reality, the expense of my human capital was ok but ignoring the power of com...
by davegreen10
Mon Jan 12, 2015 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Need help informing my father he is making a mistake
Replies: 58
Views: 6086

Re: Need help informing my father he is making a mistake

Hmm, perhaps ask him to join you for an hour consult on your own portfolio with a CFA who is hourly compensated. Plan ahead with the CFA that there will be ample leftover time on this prepaid hour to discuss your Dad's. This may give you the third party credibility you need.
by davegreen10
Mon Jan 12, 2015 8:14 pm
Forum: Personal Consumer Issues
Topic: Looking for recommendations for a trip to Panama
Replies: 10
Views: 1459

Re: Looking for recommendations for a trip to Panama

Too late for this traveler but wanted to contribute for future ones. We are in Panama City this week. I saw someone called it a dump but I don't feel the same. Perhaps we have a different perspective after traveling Nicaragua and El Salvador. My wife remarked today on how nice it was with no mangy s...
by davegreen10
Fri Dec 26, 2014 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Fire Advisor & Simplify Mom's portfolio for long term care?
Replies: 11
Views: 1285

Re: Fire Advisor & Simplify Mom's portfolio for long term ca

Maybe I missed it but what is her annual SS benefit? Does she receive any pension payments?


Thanks for pointing that out. I thought the info I used for burn rate was adjusted for income. It was not. Info has been edited above. I'm already much happier just seeing that figure greatly reduced.
by davegreen10
Fri Dec 26, 2014 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Fire Advisor & Simplify Mom's portfolio for long term care?
Replies: 11
Views: 1285

Fire Advisor & Simplify Mom's portfolio for long term care?

My own investments are Bogleheadish since I discovered this forum a while back. However my Mom has always let an adviser handle hers. As her memory has headed south, she signed over power of attorney to my brother. We're thinking about taking over management and simplifying her portfolio. Our fear i...
by davegreen10
Fri Dec 19, 2014 11:57 pm
Forum: Personal Consumer Issues
Topic: telemarketing calls to cell phones
Replies: 12
Views: 3064

Re: telemarketing calls to cell phones

As I understand it, it has always been illegal to telemarket to cell phones as it may force the end user to incur a charge (minutes). This info is from a friend in telecom. And there are also high enough fines to discourage the behavior. When I moved to SF in 2000 I established a landline number and...
by davegreen10
Tue Dec 02, 2014 2:05 pm
Forum: Personal Consumer Issues
Topic: tipping rubbish pickup people and letter carriers
Replies: 56
Views: 4813

Re: tipping rubbish pickup people and letter carriers

We tip our UPS guy because we want to. We do a moderate amount of outgoing and it save me a trip to drop-off (or scheduling a pickup which is chargeable in addition to shipping cost). He is pleasant, takes good care of us, and climbs 40 stairs to our door. Both our mail carrier and Fedex guy change ...
by davegreen10
Mon Nov 17, 2014 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: FSA gains $500 rollover feature
Replies: 42
Views: 4774

Re: FSA gains $500 rollover feature

That doesn't sound correct the way I read the regulations; perhaps your HR is mistaken. I read it as you can roll $500 max over each year but not accumulate over multiple years. So you can only start the fresh year with a $500 max balance. I like this feature. It helps to max against your expenses w...
by davegreen10
Sun Oct 26, 2014 8:44 am
Forum: Investing - Theory, News & General
Topic: Social Security 2033 and beyond
Replies: 15
Views: 1790

Re: Social Security 2033 and beyond

2033 is when I will be at FRA as well. As with the rest of my retirement planning, I'm hoping for the best and planning for the worst. The reality will most likely be somewhere in between. If SS no longer exists, we will be able to retire moderately. If it stays the same, I will take benefits at 70 ...
by davegreen10
Sat Oct 11, 2014 1:54 pm
Forum: Personal Consumer Issues
Topic: Best solution for clouded auto headlight lens?
Replies: 31
Views: 6234

Re: Best solution for clouded auto headlight lens?

I had someone try to sell me a kit at the gas station by demoing on one of my headlights. I didn't buy, figuring I could get it cheaper online but never got around to it. That was 4 years ago and the treated light still looks really good
by davegreen10
Mon Aug 04, 2014 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: Exchanging 401k Company Stock Match Every Paycheck?
Replies: 5
Views: 712

Re: Exchanging 401k Company Stock Match Every Paycheck?

You may be giving up some favorable tax treatment down the road.

http://www.bogleheads.org/wiki/Net_unre ... preciation

Of course if you have reason to be uncomfortable holding on to it, it doesn't matter.
by davegreen10
Sat Jul 19, 2014 1:30 pm
Forum: Personal Consumer Issues
Topic: Memory foam mattresses - any insight?
Replies: 87
Views: 18066

Re: Memory foam mattresses - any insight?

Bought our queen size at Costco for $600 five years ago. No regrets; it's still in fantastic shape and we love it.
by davegreen10
Fri Jul 18, 2014 8:48 am
Forum: Personal Consumer Issues
Topic: 2 days in San Francisco
Replies: 25
Views: 2412

Re: 2 days in San Francisco

The exploratorium is very nice m Take a guided tour of the city history. We got on one of the ones that look like fake cable cars. They board near Pier 39. Before we started we got some cheese and fresh sourdough bread at the Bedouin bakery, and a bottle of wine at a another shop. Makes the tour tha...
by davegreen10
Tue Jul 01, 2014 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: P2P Lending
Replies: 12
Views: 1511

Re: P2P Lending

I'm on Lending Club. But I don't even attempt to pick individual loans the way the prior posters did. To me that's like trying to beat the market picking stocks rather than owning an index fund. Very un-bogleheadish. Lending Club has a program where if you invest a certain amount (I think $20k) they...
by davegreen10
Fri Jun 06, 2014 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: 401K employer match. Do you have that?
Replies: 42
Views: 3539

Re: 401K employer match. Do you have that?

1) Yes, they provide match, 1 to 1 up to 7% 2) Separate. It is added in one payment in September (eight months after year it applies to) 3) Same options- yes and no. They pay half of the match as company stock which is not available under your elective choices. They want to prevent employees from ha...
by davegreen10
Sat May 24, 2014 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Convincing a parent to retire
Replies: 19
Views: 3833

Re: Convincing a parent to retire

Mothballing is definitely not an option. Once patients depart they rarely return. The biggest factors in determine a practice's sale price are the size of the active patient base and the doctor's net income. The purchasing doctor will pay some multiple of the net income. He is purchasing a revenue s...
by davegreen10
Fri Apr 25, 2014 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella excess liability policy
Replies: 103
Views: 23072

Re: Umbrella excess liability policy

Our net worth is $500k. We carry a $1million policy even though most of our assets are in protected (CA) retirement accounts. An umbrella policy gives me peace of mind for a very inexpensive price.
by davegreen10
Wed Apr 23, 2014 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: What's your number?
Replies: 147
Views: 34900

Re: What's your number?

1.8 million in todays dollars Assumption- 6% return (3% real return after 3% inflation) Timetable 15 years. I will be 63 and DW will be 55 Goal will be reassessed as we get closer. Plans may change to work longer if parents exceed life expectancy in case they run out of funds. The converse is also t...
by davegreen10
Tue Apr 01, 2014 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: HSA year to year rollover rules
Replies: 6
Views: 550

Re: HSA year to year rollover rules

Possibly it's an FSA (flexible spending account)? Those are typically use it or lose it with no carryover
by davegreen10
Mon Mar 24, 2014 3:05 pm
Forum: Personal Consumer Issues
Topic: Keep/Backup Health Care Records?
Replies: 12
Views: 1157

Re: Keep/Backup Health Care Records?

I scan my lab results. I also scan/download my reimbursible costs for 15 years down the road to use from my HSA. Back it all to seperate drive and Google docs.
by davegreen10
Thu Mar 20, 2014 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Is it ethical to put this on your resume?
Replies: 27
Views: 4066

Re: Is it ethical to put this on your resume?

His problem is that the decision makers may never see his resume as the resume keyword screening software sorts it as unqualified.
by davegreen10
Thu Dec 12, 2013 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: something to watch out for in company 401K matching
Replies: 8
Views: 994

Re: something to watch out for in company 401K matching

The minuses: -My company doesn't contribute their match until October 1st of the following year. -I'm a sales person so I "draw" a regular check every two weeks which is about 70% of my pay. I get the rest quarterly depending on how much I've sold. However the company match is only paid ou...
by davegreen10
Wed Nov 20, 2013 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity or Social Security at 70
Replies: 14
Views: 1705

Re: Annuity or Social Security at 70

My wife doesn't like to deal with our financial side at all which is fine...for now. However I am 8 years older than her which means "statistically" I will die 16 years before her. She will have to take over. I have concerns over her ability to do so and having an aging mind makes any of u...