Search found 46 matches

by adptnt
Thu Jan 25, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: Fidelity charging extra fee for Vanguard funds in 401k?
Replies: 31
Views: 2814

Re: Fidelity charging extra fee for Vanguard funds in 401k?

At first I thought Fidelity just wanted to guide plans towards using their own index funds instead of Vanguard funds - which is fine, since Fidelity has equivalent funds for most of the popular Boglehead index funds. But I also look at my Fidelity 401k account, and the only pure index funds offered...
by adptnt
Wed Nov 08, 2017 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: HSA w high medical expenses: Still worth it?
Replies: 18
Views: 1774

Re: HSA w high medical expenses: Still worth it?

First, it seems odd that the PPO is the same price and HSA (actually not HSA, but HDHP). Typically you would think the HDHP would have lower premiums due to higher deductibles. Second, are you sure the HDHP has the same out of pocket as is the deductible? Usually the out of pocket is higher. Are yo...
by adptnt
Fri Oct 20, 2017 7:53 am
Forum: Personal Finance (Not Investing)
Topic: just hit the two comma club today...some thoughts
Replies: 37
Views: 6407

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

That is awesome! You'll be set to be FI sooner rather than later if you keep that up.

Does the 2 comma balance sheet include home equity or strictly cash and investments only?
by adptnt
Sun Aug 13, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Healthequity HSA
Replies: 16
Views: 3092

Re: Healthequity HSA

My employer uses them. I'm guessing yours is also an employer plan as you'd otherwise have chosen a different provider. Yes, they charge an extra fee for access to VG funds (0.3% annual in my account). But in my account that fee gets me access to institutional shares of key funds - TSM, TBM etc. Co...
by adptnt
Thu Jun 01, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Man it is hard to ignore market timing... tell me I did ok.
Replies: 4
Views: 1225

Re: Man it is hard to ignore market timing... tell me I did ok.

Good for you and good job fighting back the "analysis paralysis".
by adptnt
Thu May 25, 2017 6:27 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2778
Views: 556844

Re: What's Your Credit Card Rewards Strategy?

I have a large purchase coming up ($10,000 +) ...... Would you recommend something else? ....... My score is about 815. I recommend Chase Sapphire Preferred or Chase Sapphire Reserve cards assuming you don't already have them and you don't have more than 5 new cards in the past 24 months Both give ...
by adptnt
Fri May 19, 2017 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Additional Tax Savings for Employed High Earner?
Replies: 9
Views: 981

Re: Additional Tax Savings for Employed High Earner?

Agree with BoulderBoy - Move the IRA into your current employer's 401k which opens you up for the Backdoor Roth. It won't provide any immediate tax savings but yields the benefit of contributing to the Roth. Also, are there any HSA options at yours or your wife's place of employ relating to Health p...
by adptnt
Wed May 10, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: What newspaper or magazine do you pay for?
Replies: 107
Views: 8036

Re: What newspaper or magazine do you pay for?

That Zinio tip is worth paying money for. Many thanks to the contributors who posted that. I realized the reason that I don't subscribe to Kiplinger and other financial magazines is that I would want to pursue all the savvy investment ideas and vehicles that come by way of the various articles. Some...
by adptnt
Sat Dec 10, 2016 10:47 am
Forum: Personal Finance (Not Investing)
Topic: ADT raising rates - should I cancel?
Replies: 19
Views: 7387

Re: ADT raising rates - should I cancel?

I was with ADT for several years until my rate crossed $50. At that time I thought this was highway robbery. I switched and shaved it down to $30. When I called to cancel, of course they were willing to lower the rate. But overall I just wasn't happy w/ the system and the consistent price increases ...
by adptnt
Sat Dec 03, 2016 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Should We Buy or Rent?
Replies: 49
Views: 6328

Re: Should We Buy or Rent?

I have read a number of articles over the last few months that seemed to point toward a slow down, or even a modest reversal, in rental price increases. Here is one such article: https://www.rentjungle.com/average-rent-in-san-francisco-rent-trends/ Is it me (and this is in no way a knock on anyone'...
by adptnt
Thu Dec 01, 2016 12:45 am
Forum: Personal Finance (Not Investing)
Topic: Should We Buy or Rent?
Replies: 49
Views: 6328

Re: Should We Buy or Rent?

The way in which a man accepts his fate and all the suffering it entails, the way in which he takes up his cross, gives him ample opportunity – even under the most difficult circumstances – to add a deeper meaning to his life. -- Viktor Frankl (neurologist, psychiatrist and Holocaust survivor) I ge...
by adptnt
Thu Dec 01, 2016 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Re: Relocating from NY to CA for a job offer

Not to scare you, but this should give you an idea of what goes on with real estate in the Bay Area. http://milliondollarshack.com/ The same hotel rooms which used to go for $100/night about 6 years ago, now go for $300/night, if you can find availability. Most people are stretched on 2 salaries to...
by adptnt
Tue Nov 29, 2016 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Should We Buy or Rent?
Replies: 49
Views: 6328

Re: Should We Buy or Rent?

Thank you everyone for sharing your thoughts. I read every message multiple times to allow each comment to really sink in. We plan to take the general advice to keep renting, at least for the next five years or so. Next, I would like to explain our thought process in hopes that it will help anyone ...
by adptnt
Mon Nov 28, 2016 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Re: Relocating from NY to CA for a job offer

The commute from Sunnyvale seems reasonable. Is there any particular reason why you decided to rent vs. buy if I may ask? We moved here for my wife's medical fellowship, which was a 3-year program. We weren't sure we would stick around after 3 years. Also, honestly, the price of housing here spooke...
by adptnt
Mon Nov 28, 2016 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Re: Relocating from NY to CA for a job offer

With all the other long-term career advantages, go for it. With 180K base, great benefits and bonus/equity, you would be fine. If you may want to move back to NY at some point, renting would be good option. Where in Silicon Valley? In good school districts, you would be looking at about 4-5k per mo...
by adptnt
Mon Nov 28, 2016 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Re: Relocating from NY to CA for a job offer

With all the other long-term career advantages, go for it. With 180K base, great benefits and bonus/equity, you would be fine. If you may want to move back to NY at some point, renting would be good option. Where in Silicon Valley? In good school districts, you would be looking at about 4-5k per mo...
by adptnt
Sun Nov 27, 2016 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Re: Relocating from NY to CA for a job offer

I've made a few threads on here about affordability for $1M home so I've received some feedback from the group here. If you're in "Silicon Valley" I'm assuming the Company you are potentially working for is HQ'd in Mountain View, Palo Alto or San Jose. If you're looking for "space" and a cheaper op...
by adptnt
Sun Nov 27, 2016 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Re: Relocating from NY to CA for a job offer

OP. You need to tell us the exact location/town that you are going to be working in and the age and number of your kids. Only then can we give you good advice on housing and commuting and schools. Nor Cal and Silicon Valley are just too big and complex to guess about tradeoffs on locations to live....
by adptnt
Sun Nov 27, 2016 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Re: Relocating from NY to CA for a job offer

Walnut Creek is a nice area, but you are probably talking about 50 min to an hour drive to Sunnyvale with no traffic and 90 to 120 minutes in rush hour. That's not what I'd consider a reasonable commuting distance. Agreed, that does not sound like a commute that I'd enjoy. That said, are there plac...
by adptnt
Sun Nov 27, 2016 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Re: Relocating from NY to CA for a job offer

Walnut Creek is a nice area, but you are probably talking about 50 min to an hour drive to Sunnyvale with no traffic and 90 to 120 minutes in rush hour. That's not what I'd consider a reasonable commuting distance. I agree. I'd look south, maybe Morgan Hill area and near Caltrain. I would definitel...
by adptnt
Sun Nov 27, 2016 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Re: Relocating from NY to CA for a job offer

^The homes were I lived on LI are now selling for about $350 to $500 per square foot, so I guess that is one-third to one-half the $1000/sq ft you noted. What is special about them? Walk to beach? Water view? Much larger lot? Give me a ZIP code please. And don't forget about property taxes. Ouch! I...
by adptnt
Sun Nov 27, 2016 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Re: Relocating from NY to CA for a job offer

I used to live on Long Island. The homes in Northern California were not more expensive than those where I lived. Perhaps, you are upgrading your housing situation? How long ago was this? I was surprised to see the home prices in Nor Cal in neighborhoods with solid school districts. I mean, for abo...
by adptnt
Sun Nov 27, 2016 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Re: Relocating from NY to CA for a job offer

How old are you and how close to the top of the company would you be at your new job? Also, what is the salary that you would be getting in New York? We are in our late 30s. I do not believe that there is much further potential (at least not for several years) to go to the top as the position is al...
by adptnt
Sun Nov 27, 2016 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Re: Relocating from NY to CA for a job offer

With all the other long-term career advantages, go for it. With 180K base, great benefits and bonus/equity, you would be fine. If you may want to move back to NY at some point, renting would be good option. Where in Silicon Valley? In good school districts, you would be looking at about 4-5k per mo...
by adptnt
Sat Nov 26, 2016 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 6214

Relocating from NY to CA for a job offer

Hello, I was recently approached and interviewed with a Company in Silicon valley. The base pay is essentially the same as I am making now but the bonus and equity are a real kicker. Now I know those 2 are not necessarily a guarantee, but I feel like it could be an exciting opportunity for the famil...
by adptnt
Tue Nov 22, 2016 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Yet another!! HDHP vs PPO qustion.
Replies: 25
Views: 3191

Re: Yet another!! HDHP vs PPO qustion.

The Finance Buff has an article that does a simple little comparison that may be worth checking out to provide you with some more analysis. Take a look at the link below. Hope it helps.

Happy decision making!

https://thefinancebuff.com/hmo-ppo-vs-h ... p-hsa.html
by adptnt
Thu Jun 16, 2016 9:54 am
Forum: Personal Finance (Not Investing)
Topic: CFP for CPA Worth It? Does Tax Work Count for "Experience" Requirement?
Replies: 10
Views: 2576

Re: CFP for CPA Worth It? Does Tax Work Count for "Experience" Requirement?

My question is more about what happens after the CFP exam: I'm not going to get a new job working with/as a financial planner for 3 years to officially earn the CFP designation. My question is: can I continue working as a tax professional for 3 years in a CPA firm and use that as my CFP "experience...
by adptnt
Thu Jun 16, 2016 8:42 am
Forum: Personal Finance (Not Investing)
Topic: CFP for CPA Worth It? Does Tax Work Count for "Experience" Requirement?
Replies: 10
Views: 2576

Re: CFP for CPA Worth It? Does Tax Work Count for "Experience" Requirement?

Hi Perkunas, I did some research on this exact matter a few months ago and learned that if you are a CPA you can qualify to take the exam under what's known as the CFP Challenge Status. Under the "Challenge" status, CPA's may be able to sit for the exam after taking a Capstone course. This is a Fina...
by adptnt
Fri Jun 10, 2016 8:59 am
Forum: Personal Consumer Issues
Topic: Sonos Home Theater Surround Sound
Replies: 9
Views: 1005

Sonos Home Theater Surround Sound

Good morning - Does anyone have experience with Sonos' home theater systems? I'm looking to do a long overdue surround sound upgrade and wanted to see how others experiences were or any advice or recommendations that anyone might have to offer. Is Sonos a good deal, good name and is it easy to conne...
by adptnt
Mon Apr 04, 2016 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Planner - College
Replies: 29
Views: 3007

Re: Financial Planner - College

I too share your interest in reading this forum and educating myself. I think some standard responses that you'll receive are - 1) Have you looked into your state's 529 college savings plan? Most states offer tax deductions/credits for contributing to the plan and the earnings can grow and be used t...
by adptnt
Wed Mar 16, 2016 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Bonds in taxable account; muni bonds worthwhile?
Replies: 22
Views: 4166

Re: Bonds in taxable account; muni bonds worthwhile?

I personally thought that a split between CA LT and ST Tax Exempt is the way to go but it seems as though there really is no benefit to holding ST Tax exempt over Inter Tax Exempt given the disparity in yields. I was under the assumption that the ST Tax Exempt is a safer play, especially with the le...
by adptnt
Mon Feb 15, 2016 8:03 pm
Forum: Personal Consumer Issues
Topic: Can you do taxes for more than one person with tax software?
Replies: 13
Views: 1861

Re: Can you do taxes for more than one person with tax software?

I'm pretty sure I am able to get 5 federal and state using Turbo tax deluxe. Worse case scenario is you print and mail them if you blow through the 5.
by adptnt
Thu Jan 07, 2016 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth/IRA contributions
Replies: 7
Views: 826

Re: Back Door Roth/IRA contributions

I lump sum at the beginning of the year. It makes for a nice and clean statement and also "time in market" and all that. So far this year, I've contributed to the Traditional IRA and done the conversion to Roth IRA 2 days later. The $5500 is still sitting in cash in the Roth IRA. Minor touch of mar...
by adptnt
Thu Jan 07, 2016 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth/IRA contributions
Replies: 7
Views: 826

Re: Back Door Roth/IRA contributions

For those of you who utilize this Back Door Roth strategy, do you lump sum invest your $5,500 or $6,500 into a Non Deductible IRA at a point during the year or do you dollar cost into the fund during the year? If contributing periodically into the IRA during the course of the year, I assume you hav...
by adptnt
Wed Dec 30, 2015 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth/IRA contributions
Replies: 7
Views: 826

Back Door Roth/IRA contributions

For those of you who utilize this Back Door Roth strategy, do you lump sum invest your $5,500 or $6,500 into a Non Deductible IRA at a point during the year or do you dollar cost into the fund during the year? If contributing periodically into the IRA during the course of the year, I assume you have...
by adptnt
Mon Nov 23, 2015 10:25 am
Forum: Personal Finance (Not Investing)
Topic: HSA decision
Replies: 1
Views: 386

HSA decision

Hi All - looking for some wisdom on whether it makes sense if to go with a high deductible Non HSA vs HSA plan based on a new plan that now offers the high deductible non HSA. The facts are as follows: 1) Annual Out of Pocket deductible is the same at $6k for both plans (no big difference here as I'...
by adptnt
Thu Oct 15, 2015 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Can I open a retirement account (solo 401K?) for my side business in real estate?
Replies: 15
Views: 1961

Re: Can I open a retirement account (solo 401K?) for my side business in real estate?

travelight, I'd think as a Landlord with rental property you'd be filing a Schedule E and not a Schedule C. You don't give much information so a little tough to tell.
by adptnt
Tue Jun 24, 2014 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 424
Views: 159847

Re: The Mega Backdoor Roth IRA

Very interesting topic here. I'm curious to know if anyone has thought about utilizing this (the contributions to this Mega Roth that is) as a college saving mechanism. For instance if someone is fully funding their 401K, HSA, Roth IRA, etc. and deciding whether to go 529 Plan or Mega Roth with exce...
by adptnt
Fri Apr 18, 2014 8:12 am
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 424
Views: 159847

Re: The Mega Backdoor Roth IRA

For people who have done this with a Vanguard Roth IRA, how exactly does it work? Does you have to get your 401k provider to transfer the money directly to Vanguard, or does your 401k provider send you a check which you then have to send to Vanguard with a form indicating you want to do this type o...
by adptnt
Sun Feb 16, 2014 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: IRA contributions & tax impact
Replies: 19
Views: 1188

Re: IRA contributions & tax impact

retiredjg & hoppy - many many thanks to the links and advice. It's been eye opening reading through the threads/links. What also helps is if I flip wifey's Roth contributions to a tIRA, (its about a 40% tax benefit) which I can then use to add more :dollar to our HSA account. I am truly thankful for...
by adptnt
Sun Feb 16, 2014 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: IRA contributions & tax impact
Replies: 19
Views: 1188

Re: IRA contributions & tax impact

See this thread where I figured it out: Roth IRA or deductible tIRA for non-working spouse? here's another good one: TIRA instead of Roth for spouse saves us $1,800? On the other hand: My suggestion is to NOT use tIRA for her if you believe you'll ever make too much money to contribute directly to ...
by adptnt
Sun Feb 16, 2014 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: IRA contributions & tax impact
Replies: 19
Views: 1188

Re: IRA contributions & tax impact

The stumbling block of using tIRA for her now is this. If your salary goes up considerably and if you get out of range to contribute directly to Roth IRA, you'll both want to use the back door contribution to Roth IRA in the future. If she has a tIRA at that point, filled with untaxed money, it wil...
by adptnt
Sun Feb 16, 2014 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: IRA contributions & tax impact
Replies: 19
Views: 1188

Re: IRA contributions & tax impact

One factor which might affect your decision is the total balances you expect to have in deductible vs Roth accounts at the time you need to withdraw the money. Maybe you want a "touch of Roth" to compliment your other accounts. I believe there is some value to tax diversification, which gives flexi...
by adptnt
Sun Feb 16, 2014 9:18 am
Forum: Personal Finance (Not Investing)
Topic: IRA contributions & tax impact
Replies: 19
Views: 1188

Re: IRA contributions & tax impact

cheese_breath wrote:
adptnt wrote:... As my spouse is a stay at home mom ...
Does your spouse have earned income?
No earned income. Full time SAHM. Thanks all.
by adptnt
Sun Feb 16, 2014 9:05 am
Forum: Personal Finance (Not Investing)
Topic: IRA contributions & tax impact
Replies: 19
Views: 1188

IRA contributions & tax impact

Hello, I'm currently in a 25% federal and a 6.45% NY State marginal tax bracket. My wife and I currently max out both our Roth IRAs. As my spouse is a stay at home mom (no 401K), I was playing around with TurboTax and was toying with the idea of converting her Roth IRA contributions already made for...
by adptnt
Thu Jan 16, 2014 4:30 pm
Forum: Personal Consumer Issues
Topic: Work & Life balance
Replies: 12
Views: 2184

Work & Life balance

Hi All - For those of you who have older kids that are now teenagers and/or in their 20's/or off and are on their on - Do you have any regrets in that you worked too much during their younger years and have missed a lot of time that you now cannot get back? Has it all worked out for the best and was...