Search found 1370 matches

by LiveSimple
Tue Nov 12, 2019 9:18 am
Forum: Personal Finance (Not Investing)
Topic: College Admission Time, What parents need to be aware and how to be helpful
Replies: 288
Views: 36055

Re: College Admission Time, What parents need to be aware and how to be helpful

Special thanks to livesoft, TomatoTomahto and Klangfool for the lovely discussions here and private messages. For the parents who are helping the kids with college, all the hard work, planning and execution was from our son, we just watched from the sides, encouraged, excepted and had fun along the...
by LiveSimple
Tue Nov 12, 2019 2:15 am
Forum: Personal Finance (Not Investing)
Topic: College Admission Time, What parents need to be aware and how to be helpful
Replies: 288
Views: 36055

Re: College Admission Time, What parents need to be aware and how to be helpful

Update after 3, 4 years... Thank you all for the active discussion three years ago when our son was applying to college. This spring son graduated from UMich with a computer engineering degree, kind of finished college in three years using his high school AP credits. Intern in FAANG company and Fin...
by LiveSimple
Sun Nov 10, 2019 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

My taxable account is a $150k savings account at Ally Bank, no brokerage with stocks or bonds. $150k generates $3k interest at 2%. Since I want to keep my MAGI between 138% - 150% of FPL or around $24k per year, I only take the difference from my 401(k), $21k and deposit that into my Ally savings a...
by LiveSimple
Sat Nov 09, 2019 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

willthrill81 wrote:
Sat Nov 09, 2019 8:34 pm
My parents, who live in WA state, spend about $600 monthly on Medicare, so I agree that $240 for one person under Medicare age is a steal.
We did not yet get this we are employed, but for $24,000 income, for the couple it shows $240 ( Sorry not for one person )
by LiveSimple
Sat Nov 09, 2019 8:41 pm
Forum: Investing - Theory, News & General
Topic: Why no one created a etf of dividend free stocks
Replies: 35
Views: 3360

Re: Why no one created a etf of dividend free stocks

Mid cap growth (VOT) only has a .8% yield, this would probably be your closest option to reduce dividends while getting a relatively diversified passive investing fund Non dividend paying stocks as a group have historically underperformed the overall market Try MGV, Mega Cap Growth as well, at 0.7%...
by LiveSimple
Sat Nov 09, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

[quote="Random Poster" post_id=4832081 time=1573339860 user_id=171 Does your taxable account not throw off any dividends or interest? I’m perplexed how someone can have a taxable savings account that presumably has a balance large enough, or provides enough income, to live off of for several years, ...
by LiveSimple
Sat Nov 09, 2019 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

I have not read all of the posts but you might be missing that if you withdraw funds from your deferred retirement account, that will add to your MAGI. What needs to be done is keep your book income separate from your tax income. I keep my MAGI between 138% & 150% of FPL for 2, or around $24,000. T...
by LiveSimple
Sat Nov 09, 2019 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

I retired early, and the biggest issue we've had with healthcare isn't the cost (which is a big issue), it's the lack of backing. I worked at a large company with a good program that was self-insurance, and when the insurance company was giving us the run-around, we could call the appropriate group...
by LiveSimple
Sat Nov 09, 2019 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Do you charge your employer for the time that you spend working on your off days?
Replies: 145
Views: 7520

Re: Do you charge your employer for the time that you spend working on your off days?

It depends, if you own the process or product then occasional call during the off time is needed. Sometime this is better rather someone else takes a decision for you and you have to come and correct or live with that decision for a long time. I do prefer short call during my time off, than someone ...
by LiveSimple
Sat Nov 09, 2019 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Singles/DINKs in HCOL/VHCOL areas, can you please share your budget?
Replies: 21
Views: 2735

Re: Singles/DINKs in HCOL/VHCOL areas, can you please share your budget?

I’m trying to do the math for a move and see if it would be worthwhile and would love to get some budget data from single people or DINKs (double income no kids) who live in high cost of living or very high cost of living areas. If you wouldn’t mind sharing ballpark numbers, I would really apprecia...
by LiveSimple
Fri Nov 08, 2019 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

Who's to say these early retirees might end up inventing something in their copious free time. The mind is an idea factory. If not occupied at work, it's bound to come up with something else. So I'm all for people doing what they want in their pursuit of happiness. Exactly, once away from a daily r...
by LiveSimple
Fri Nov 08, 2019 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

Watty wrote:
Fri Nov 08, 2019 11:44 am

3) Likewise you will not be able to do Roth conversions in a low tax bracket.
Prefer to understand better on this ROTH conversions at low tax bracket.
by LiveSimple
Fri Nov 08, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

This, when we put the interest and dividend income as $24,000 or so, it came to $240 with a 8 K deductible. Be sure to look at the silver plans. They also qualify for reduced deductibles ("cost sharing") depending on your income. At $24k taxable income, your deductible may also be close to zero. On...
by LiveSimple
Fri Nov 08, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

AHTFY wrote:
Fri Nov 08, 2019 10:57 am
Genuinely curious. I'd love to reduce my healthcare insurance premiums.
If the healthcare insurance premiums are low, one step towards FIRE !!!
by LiveSimple
Fri Nov 08, 2019 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

RickBoglehead wrote:
Fri Nov 08, 2019 10:55 am
It is correct that the ACA only looks at income, not assets.
Rick, this is what I am trying to understand. Do you see my point....?
When we sell taxable investment the capital gains will add to the MAGI.
by LiveSimple
Fri Nov 08, 2019 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

Randomly looking up person with spouse aged 62 years old each, picked Iowa (nothing special about that state) with if a MAGI of $25,000. Here are some ways to reduce MAGI. Check it for your locations/income https://i.imgur.com/J2PFP7V.png Here's $40K magi https://i.imgur.com/tGBzSOA.png Any comment...
by LiveSimple
Fri Nov 08, 2019 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

I may end up being wrong, but I think the model is unsustainable in which people are able to retire early and collect government subsidies to pay for their health care. Therefore, do not plan that this is a given and will always be there for you. The political wind can blow and take that away. In m...
by LiveSimple
Fri Nov 08, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Re: Early Financial Independence. - Healthcare costs

Guys it depends on income for ACA. If OP is at 1.2x poverty line for his tax status (2 people) from his div's from his taxable account, he could easily be looking at a premium of $240 for health care and I can see the deductible/oop max not even being that crazy at something like $4k/$8k. ETA - For...
by LiveSimple
Fri Nov 08, 2019 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy the family cottage?
Replies: 90
Views: 7223

Re: Should I buy the family cottage?

if this is within the family and you can afford, just buy and enjoy, you will not regret.

You can pass along to your next generations as well
by LiveSimple
Fri Nov 08, 2019 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5209

Early Financial Independence. - Healthcare costs

Looking at our portfolio and our expenses, we are almost there or there for Financial Independence. So thinking should relax at work or take a few years off or call it done and retire early. However not able to get the head around the heal care insurance costs or the healthcare needs when we lose th...
by LiveSimple
Thu Nov 07, 2019 1:02 pm
Forum: Investing - Theory, News & General
Topic: Anyone use “baskets”at fidelity?
Replies: 19
Views: 3184

Re: Anyone use “baskets”at fidelity?

Interesting, just for the heck of it used a few basket purchases using Index ETFs.

No need if you are tied to mutual funds....

Nice feature if you want to spread your investments and purchase.
by LiveSimple
Wed Nov 06, 2019 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Free Turbotax 2019
Replies: 19
Views: 2909

Fidelity Free Turbotax 2019

Anyone see the Fidelity Free Turbotax 2019 in their account ?
by LiveSimple
Mon Nov 04, 2019 9:42 pm
Forum: Personal Investments
Topic: Creating M1 like pie in Fidelity
Replies: 8
Views: 928

Re: Creating M1 like pie in Fidelity

Any one used fidelity basket trading. The link above is help but not sure where to create the basket for trading
by LiveSimple
Sun Oct 27, 2019 11:33 am
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 201
Views: 20473

Re: I’m done with index funds

Please can you share your plan, I prefer to understand better or see if that work for me as well. As I am thinking in these lines as well
by LiveSimple
Sun Oct 27, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: How much does a "good school district" matter?
Replies: 76
Views: 6596

Re: How much does a "good school district" matter?

Good school district matters a lot, you kids gets potentially good friends and the family also gets friends of similar nature. This will prevail for a long time. Now when our kids all moved out, our friends are kids school families as well. You had met these families in school activities, outside ac...
by LiveSimple
Wed Oct 23, 2019 6:53 am
Forum: Personal Investments
Topic: Another inexperienced investor, decent income
Replies: 28
Views: 2876

Re: Another inexperienced investor, decent income

Open a brokerage account in Fidelity, Charles Schawb or others and just buy Total Stock Index and let that collect dust for the next 20+ years. You will be happy that you did this today / tomorrow.

All can be achieved online... sitting at your computer.
by LiveSimple
Sun Oct 20, 2019 8:16 am
Forum: Personal Investments
Topic: Large Position in Fidelity Blue Chip (FBGRX)
Replies: 24
Views: 2284

Re: Large Position in Fidelity Blue Chip (FBGRX)

I will not plan to sell, just to reinvest. Wait until a time comes, when you can use the money, such as buying a home or college education, etc. In the end if you do nothing the inheritance will have less capital gains after you and your spouse. It is a good fund, not that bad.
by LiveSimple
Fri Oct 18, 2019 9:49 am
Forum: Personal Consumer Issues
Topic: Turks & Caicos on a budget??
Replies: 14
Views: 2486

Re: Turks & Caicos on a budget??

Keep going and enjoy life’s small joys
by LiveSimple
Sun Oct 13, 2019 7:20 pm
Forum: Personal Consumer Issues
Topic: Office etiquette - gift to ex boss?
Replies: 10
Views: 755

Re: Office etiquette - gift to ex boss?

Why not a lunch together and you take the tab
by LiveSimple
Wed Oct 09, 2019 6:33 pm
Forum: Investing - Theory, News & General
Topic: What does the portfolio one day movement tells you ?
Replies: 11
Views: 994

Re: What does the portfolio one day movement tells you ?

Great thoughts appreciate all your inputs....
by LiveSimple
Wed Oct 09, 2019 10:50 am
Forum: Investing - Theory, News & General
Topic: What does the portfolio one day movement tells you ?
Replies: 11
Views: 994

What does the portfolio one day movement tells you ?

What does the portfolio one day movement tells you ? I think I have seen here, to answer the question, can I buy this car, the answer is, yes if your your portfolio, moves to that amount in a day both positive and negative. What are the other guidelines for a one day portfolio movement that we can h...
by LiveSimple
Mon Sep 30, 2019 9:42 pm
Forum: Personal Consumer Issues
Topic: Non stick pan preference?
Replies: 46
Views: 3536

Re: Non stick pan preference?

Cast Iron, if you can take care.
by LiveSimple
Tue Sep 24, 2019 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Career Discussion / Options - Information Technology @ age 50
Replies: 22
Views: 2345

Re: Career Discussion / Options - Information Technology @ age 50

i worked in IT for 40+ years until my job was eliminated a couple of years after my old company was bought out by a bigger one. i had numerous roles. i say the following, with the deepest respect and best wishes for you, based on my experience in multiple companies: i think what you are hoping for ...
by LiveSimple
Tue Sep 24, 2019 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Career Discussion / Options - Information Technology @ age 50
Replies: 22
Views: 2345

Re: Career Discussion / Options - Information Technology @ age 50

I went through a similar thought process ~5 years ago and decided to stick it out and maximize pay at the current job - I am now in OMY mode. After exploring my options, I realized the only way I would significantly change my situation was to go to a smaller company and take a massive paycut (75-90...
by LiveSimple
Tue Sep 24, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Career Discussion / Options - Information Technology @ age 50
Replies: 22
Views: 2345

Re: Career Discussion / Options - Information Technology @ age 50

If you are at a company outside of the big tech hubs that treats higher level technical track ICs really well, count your blessings. Too many places the middle managers over Engineering (who moved up from hands on tech jobs themselves) successfully resist opening up a higher end career track for th...
by LiveSimple
Tue Sep 24, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Career Discussion / Options - Information Technology @ age 50
Replies: 22
Views: 2345

Re: Career Discussion / Options - Information Technology @ age 50

JD2775 wrote:
Tue Sep 24, 2019 10:04 am
I am 44 years old and I found that anyone we bring onto the team is generally younger than I am,
Yes absolutely relevant.....thanks
by LiveSimple
Tue Sep 24, 2019 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Career Discussion / Options - Information Technology @ age 50
Replies: 22
Views: 2345

Re: Career Discussion / Options - Information Technology @ age 50

jharkin wrote:
Tue Sep 24, 2019 8:16 am
To be honest, if you have never even managed 1 person in your career at age 50... what makes you think you can make the jump to management track now and make director/vp in a couple years?
Appreciate the feedback
by LiveSimple
Tue Sep 24, 2019 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Career Discussion / Options - Information Technology @ age 50
Replies: 22
Views: 2345

Re: Career Discussion / Options - Information Technology @ age 50

beyou wrote:
Mon Sep 23, 2019 10:10 pm
beyou, your points are well taken and you are absolutely correct on health and work adjustments as we age.
by LiveSimple
Mon Sep 23, 2019 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Career Discussion / Options - Information Technology @ age 50
Replies: 22
Views: 2345

Re: Career Discussion / Options - Information Technology @ age 50

Well, that is the best part of my new gig, I live in a GREAT area (a vacation destination that we've always loved/visited) and by now having a local job, I'm becoming much more a part of the community. We've lived in this area for 2 years already, but since I was a remote IT worker, I never really ...
by LiveSimple
Mon Sep 23, 2019 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Career Discussion / Options - Information Technology @ age 50
Replies: 22
Views: 2345

Re: Career Discussion / Options - Information Technology @ age 50

I did that move, from enterprise architect at F100 companies (2 of them over 12 years, after having been tech lead/solution architect before that.) Decided the stress was getting to me, and move to a Director position - but here's the kicker, I moved to a non-profit. So my compensation went down by...
by LiveSimple
Mon Sep 23, 2019 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Career Discussion / Options - Information Technology @ age 50
Replies: 22
Views: 2345

Re: Career Discussion / Options - Information Technology @ age 50

Agent007 wrote:
Mon Sep 23, 2019 5:07 am
If you're not interested in managing (and btw it's a pain in the ass) and instead want to focus on technology / product - then going to a larger / new company is probably better.
Exactly, this is what I want to pursue and see...thanks...
by LiveSimple
Mon Sep 23, 2019 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Career Discussion / Options - Information Technology @ age 50
Replies: 22
Views: 2345

Re: Career Discussion / Options - Information Technology @ age 50

See this post as well https://www.bogleheads.org/forum/viewtopic.php?p=3777939#p3777939. ( Can I afford to move to a lower paying career ? ) Global role has become next to impossible to do with reduced resources and increase responsibilities combined with unrealistic expectations. Many evening calls...
by LiveSimple
Mon Sep 23, 2019 6:40 am
Forum: Personal Finance (Not Investing)
Topic: Career Discussion / Options - Information Technology @ age 50
Replies: 22
Views: 2345

Re: Career Discussion / Options - Information Technology @ age 50

Agent007, thanks for the note. Sure, will try to expand. I have to find my short comings / strengths as well. I came through the ranks of technical architecture stream of firms like Hewlett Packard / IBM / boutique Technology Consulting firms of the late 1990 / early 2000 where there are two streams...
by LiveSimple
Mon Sep 23, 2019 2:51 am
Forum: Personal Finance (Not Investing)
Topic: Career Discussion / Options - Information Technology @ age 50
Replies: 22
Views: 2345

Career Discussion / Options - Information Technology @ age 50

Folks, following the discussion https://www.bogleheads.org/forum/viewtopic.php?t=290818. ( IT Compensation Comparison ) Was planning to gain some pointers, for the career progression in IT at age 50, however choose not divert that discussion, hence starting a new discussion, however you can see that...
by LiveSimple
Sat Sep 21, 2019 5:14 am
Forum: Personal Investments
Topic: Has anyone heard of Beta Shield?
Replies: 27
Views: 1508

Re: Has anyone heard of Beta Shield?

If it was me, I will remember “penny wise and pound foolish” also pay the $120 fir the dinner for two and run
🏃🏻‍♀️🏃🏻‍♂️
by LiveSimple
Fri Sep 20, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: 2 weeks notice or No Notice ? save 3.5K or Reputation ?
Replies: 135
Views: 11227

Re: 2 weeks notice or No Notice ? save 3.5K or Reputation ?

If it is me I will give two weeks notice. Just s well mannered professionalism. You are there with the company for eight years so you can give 2 weeks notice. We never know what they will do but let us assume that the company shows professionalism as well. Then untold story is all your network will ...
by LiveSimple
Thu Sep 19, 2019 1:18 am
Forum: Personal Consumer Issues
Topic: Best places to live to raise a family (cost doesn't matter)
Replies: 95
Views: 9218

Re: Best places to live to raise a family (cost doesn't matter)

Any city that your SO want to live and raise the kids.🤣