Search found 115 matches

by Nate7out
Fri Nov 20, 2020 3:48 pm
Forum: Personal Investments
Topic: What is your percentage of debt to NW?
Replies: 139
Views: 7147

Re: What is your percentage of debt to NW?

0% I am a renter with no student loans or credit card debt. The only reason I ask the question is because all markets are headed towards all time highs. The debt machine provides a lot of opportunity. My guess is there is probably an ideal percentage somewhere between 5-25%. So how much is the corr...
by Nate7out
Fri Nov 20, 2020 6:38 am
Forum: Personal Investments
Topic: Take a break from high savings rate?
Replies: 16
Views: 2200

Re: Take a break from high savings rate?

We have been saving for a long time and are in pretty good shape. But there are a lot of projects and things we would like to do around the house, so we are considering cutting down on our high savings rate. What do you all think? Background info: Income Dual income both 35 yo, two kids (6 and almo...
by Nate7out
Thu Nov 12, 2020 10:34 am
Forum: Investing - Theory, News & General
Topic: first million [in your retirement portfolio]
Replies: 170
Views: 23918

Re: first million [in your retirement portfolio]

Thank you for all the responses. Greatly appreciated! One more question for all the Bogleheads Why did you all start investing? what happened in your life that made you save away part of your income for the future? I've always been frugal. Worked to pay my own way through college. My parents helped...
by Nate7out
Thu Nov 05, 2020 1:27 pm
Forum: Investing - Theory, News & General
Topic: first million [in your retirement portfolio]
Replies: 170
Views: 23918

Re: first million

I don't understand how the chart can be correct. We know that over 30 years you would have run into several bear markets - some over 30% - and yet the chart doesn't show the amount accumulated ever going down. The chart shows present day balance based on the referenced starting year. The chart was ...
by Nate7out
Wed Oct 21, 2020 5:44 am
Forum: Personal Investments
Topic: Using 529 as personal investment vehicle?
Replies: 9
Views: 862

Re: Using 529 as personal investment vehicle?

Has anyone done an analysis comparing: A. Taking $100k and placing it into a Vanguard 529 College Savings Plan (i.e. Nevada-based), with myself as the beneficiary, and parking the money for a "long" time - say, 30 years. Then, non-qualified distributions are made, paying 10% penalty + ord...
by Nate7out
Tue Oct 20, 2020 9:23 pm
Forum: Investing - Theory, News & General
Topic: Does Dry Powder Work? - The White Coat Investor
Replies: 89
Views: 11130

Re: Does Dry Powder Work? - The White Coat Investor

flyingaway wrote: Tue Oct 20, 2020 3:57 pm Someone can do a study on the so-called Emergency Fund and may reach a similar conclusion.
Someone did.

viewtopic.php?f=10&t=311324
by Nate7out
Mon Oct 19, 2020 1:16 pm
Forum: Investing - Theory, News & General
Topic: Does Dry Powder Work? - The White Coat Investor
Replies: 89
Views: 11130

Re: Does Dry Powder Work? - The White Coat Investor

The Money Guy podcast just did a similar analysis. They had 3 examples of people investing, buy and hold from 1980 to 2020 (a career) using 1980 dollars. Only the timing of the purchases differed. One was the world's worst market timer, holding all new money as cash until the peaks (5 opportunities)...
by Nate7out
Sat Oct 17, 2020 8:00 am
Forum: Personal Investments
Topic: Max contribute 403b without match?
Replies: 12
Views: 843

Re: Max contribute 403b without match?

Is the 403b set to 10% of income from the main FT job (~$8k) or 10% of expected gross (~$10k)? Maxing 403b is close to 20% of gross. My thoughts: 1) I would look at expected pension amount and timing vs. tax brackets. If it looks like you will have some years with space in the 12% [to be 15%] tax br...
by Nate7out
Sat Oct 17, 2020 7:14 am
Forum: Personal Investments
Topic: Max contribute 403b without match?
Replies: 12
Views: 843

Re: Max contribute 403b without match?

Need to know income, expenses, and 403b options (expenses/fees). Is it realistic to spend more on hobbies with 2 young children? Will wife resent that (perhaps the time is even more in short supply than money)? I have boys 5 and 4, hobbies are mostly on hold. If you are in 12% bracket, there might b...
by Nate7out
Wed Oct 14, 2020 5:35 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to quit high paying job for pension?
Replies: 53
Views: 4512

Re: Does it make sense to quit high paying job for pension?

A friend of mine asked for my financial opinion but this one is tricky. I am seeking the wisdom of my fellow bogleheads to help her answer this. Friend is currently earning somewhere between 160k-190k per year with potential to earn more but no job security. Potential for layoffs is a risk but she ...
by Nate7out
Wed Oct 07, 2020 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Need help balancing savings between retirement and shorter term goals
Replies: 16
Views: 793

Re: Need help balancing savings between retirement and shorter term goals

Retirement Goal: My goal is by the age of 60 to have the option to retire. I might not necessarily retire, but I don't want lack of financial stability to be the reason. My current expenses are approximately 3k/month. Using my current expenses I estimate I will need 1.1 million by age 60. Current F...
by Nate7out
Mon Oct 05, 2020 3:37 pm
Forum: Personal Investments
Topic: Feedback on plans to organize my finances
Replies: 8
Views: 582

Re: Feedback on plans to organize my finances

This is what I'm thinking and would love some feedback: - Emergency Savings: Keep $5k in local savings, move 25k in Capital One 360 Performance Savings (currently 0.50% APY) - Open a Roth IRA and contribute the maximum of $6k a year. 40% VBMFX, 40% VTSMX, 20% VGTSX - Increase 401k contribution from...
by Nate7out
Mon Oct 05, 2020 8:29 am
Forum: Personal Investments
Topic: Roth or traditional
Replies: 3
Views: 326

Re: Roth or traditional

Go all Roth *at least* until the tax brackets reset in 2026. Your tax bracket in retirement will be high - unless you're pulling spending out of Roth - which would be net neutral to just spending out of traditional rather than converting. If you're spending 200K, you won't have low income years when...
by Nate7out
Sat Sep 26, 2020 7:34 am
Forum: Personal Consumer Issues
Topic: How to approach kid’s middle school / high school / college decisions?
Replies: 68
Views: 6191

Re: How to approach kid’s middle school / high school / college decisions?

Our family has just started this part of the journey - my oldest is in Kindergarten. My wife is a public school teacher, and originally we had planned to move into her district. This way the kids could go to her school and we could avoid daycare costs. Also, the schools in her district are rated 8-1...
by Nate7out
Sun Sep 13, 2020 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone have a Net Worth in the 1% by age?
Replies: 42
Views: 5273

Re: Anyone have a Net Worth in the 1% by age?

sunshinenc wrote: Sun Sep 13, 2020 3:30 pm I can tell this is pretty old data by comparing the with-home and without home number. How come a 1% guy in his/her 40s is living a sub 300K house these days? :)
He's a boglehead?
by Nate7out
Sun Sep 13, 2020 1:11 pm
Forum: Investing - Theory, News & General
Topic: Porter Stansberry advising going to 100% cash - Help!
Replies: 62
Views: 15822

Re: Porter Stansberry advising going to 100% cash - Help!

There is an episode of unsolved mysteries about Porter on Netflix. Apparently a close friend and employee of Porter's disappeared under shady circumstances. Makes him appear worse than just a scam artist.
by Nate7out
Mon Sep 07, 2020 9:28 am
Forum: Personal Investments
Topic: special catch up contributions for 457b
Replies: 8
Views: 533

Re: another question on special catch up contributions for 457b

If it helps for context, my plan had a provision that if you exceeded an average of $5,000/year in previous contributions to the plan, you were not eligible for the special catch-up (thought still able to do the normal 50+ catch-up). I was certainly surprised to find that out, and only learned of t...
by Nate7out
Mon Aug 24, 2020 8:51 pm
Forum: Personal Investments
Topic: Advice: New job, new 403(b) - Any help greatly appreciated
Replies: 6
Views: 432

Re: Advice: New job, new 403(b) - Any help greatly appreciated

We had VALIC. Variable Annuity Life Insurance Company. Would not recommend. 1.5% fees and 5% surrender fees. Would be shocked if you could get a mutual fund without excessive fees there. Hope I'm wrong.
by Nate7out
Sat Aug 22, 2020 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Simplifi by Quicken Vs YNAB
Replies: 6
Views: 1397

Re: Simplifi by Quicken Vs YNAB

Looks interesting. I am happy with YNAB for budgeting / expenses - but not the investment side (non-existent). How does simplifi work for tracking investments? Can you post a screenshot - I didn't see one specific to investments. Does it just show balances?
by Nate7out
Wed Aug 12, 2020 7:34 pm
Forum: Personal Investments
Topic: Transfer 403b from Aspire to Vanguard?
Replies: 19
Views: 692

Re: Transfer 403b from Aspire to Vanguard?

I can confirm that Aspire has all the Vanguard funds that I've searched for. I use LS Moderate there. They have Fidelity, Blackrock, etc. AFAIK they have hundreds (thousands?) of mutual funds. You can go to their website and search the available funds. https://www.aspireonline.com/plan-types/403(b)-...
by Nate7out
Wed Aug 12, 2020 5:48 am
Forum: Personal Investments
Topic: Transfer 403b from Aspire to Vanguard?
Replies: 19
Views: 692

Re: Transfer 403b from Aspire to Vanguard?

We use Aspire self-directed. It is an additional 15 bps and $40 as another poster mentioned. For us, it is the best option in the 403b amongst a sea of insurance companies. Aspire is a custodial account, there are no surrender fees like in an annuity. There might be a $75 transfer fee. In the OPs ca...
by Nate7out
Wed Jul 29, 2020 5:03 am
Forum: Investing - Theory, News & General
Topic: Bernstein's concept of "overbalancing"
Replies: 30
Views: 3265

Re: Bernstein's concept of "overbalancing"

I rebalanced in Jan, mainly selling stocks and buying bonds. I didn't overbalance, but I did rebalance in March. Due to how our portfolio is setup and located, most of this happened in my wife's IRA. If my wife's IRA was viewed in isolation - we overbalanced in that account. I followed the RBD metho...
by Nate7out
Thu Jul 23, 2020 9:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Updates 10y expected Returns
Replies: 45
Views: 6490

Re: Vanguard Updates 10y expected Returns

Kookaburra wrote: Thu Jul 23, 2020 3:29 pm Meh- these predictions aren’t worth the bytes used for the font.
If you update your 10 year predictions every 3 months, are they really 10 yr predictions?
by Nate7out
Tue Jul 21, 2020 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much (for our needs)?
Replies: 35
Views: 4066

Re: Are we saving too much (for our needs)?

It looks like you are currently spending about $50k per year. If you increase your spending / lifestyle by $40k the $2.6M you project will just cover your $100k lifestyle assuming everything goes according to plan. I would say that: a) You are doing great so far, b) You already have some increased s...
by Nate7out
Mon Jul 20, 2020 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: CARES Act above-the-line charitable deduction and DAF
Replies: 7
Views: 499

Re: CARES Act above-the-line charitable deduction and DAF

SB1234 wrote: Mon Jul 20, 2020 5:46 pm
Here is a related discussion about whether you can deduct 600 for MFJ. The answer seems to be yes.
viewtopic.php?t=311331
Read further down in your link. The answer is no. The deduction is 300 MFJ.
by Nate7out
Mon Jul 20, 2020 3:37 pm
Forum: Personal Investments
Topic: Experience with Fundrise
Replies: 13
Views: 2217

Re: Experience with Fundrise

I recently was listening to a Rational Reminder podcast where they discussed private equity as an investable asset. They reviewed some papers that analyzed private equity investments and had a few interesting observations from the data. I know this is not the exact same thing, but it seemed relevant...
by Nate7out
Wed Jul 15, 2020 3:29 pm
Forum: Personal Investments
Topic: Cost basis / performance data - Vanguard site
Replies: 1
Views: 169

Re: Cost basis / performance data - Vanguard site

There is a dropdown somewhere on the performance screen (with the chart) that can limit the display to only your Roth account.
by Nate7out
Mon Jul 13, 2020 8:56 pm
Forum: Investing - Theory, News & General
Topic: WisdomTree 90/60 U.S. Balanced Fund [NTSX]
Replies: 396
Views: 52036

Re: WisdomTree 90/60 U.S. Balanced Fund [NTSX]

Futures are 60/40 LT/ST CG.
by Nate7out
Mon Jul 13, 2020 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: 403b vs IRA
Replies: 7
Views: 351

Re: 403b vs IRA

What is your age? Is the 403b from your most recent employer? If you are between 54 and 59 the IRS will let you withdraw from the 403b penalty free [latest employer only] prior to 59.5 if you separated from service in or after the year you turn 55. You would still pay taxes as normal, but the age is...
by Nate7out
Wed Jul 08, 2020 8:54 am
Forum: Personal Investments
Topic: Am I oversaving?
Replies: 39
Views: 4386

Re: Am I oversaving?

What are your current living expenses (and estimated future expenses)? Are you satisfied with your lifestyle? This is the piece of the puzzle that is missing to know if you are over saving. You are currently paying 33% marginal income tax of fed + state. Your projected income streams likely put you ...
by Nate7out
Sun Jul 05, 2020 7:54 am
Forum: Personal Investments
Topic: Share your budget progression
Replies: 14
Views: 1570

Re: Share your budget progression

Annual spending as tracked. General downward trend on spending (except daycare), general slight upward trend on income. 2010: $90,370 (Wedding) 2011: $74,208 2012: $106,756 (Paid off wife's student loans and Grad School, bought a car) 2013: $72,863 2014: $80,288 (bought a car) 2015-2018 Had 2 kids, ...
by Nate7out
Sat Jul 04, 2020 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Reassessing the frugal emergency fund
Replies: 17
Views: 2163

Re: Reassessing the frugal emergency fund

Did you have a separate emergency other than COVID? It seems like the most common COVID caused emergency is unemployment, where 1 month expenses still equals 1 month. If you can't handle car or home repairs from emergency fund, you should account for your expenses differently. For example include 1%...
by Nate7out
Fri Jul 03, 2020 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Anyone get a discount for paying year in advance power or phone bill?
Replies: 28
Views: 2322

Re: Anyone get a discount for paying year in advance power or phone bill?

I currently get 50% off my cell phone plan because my wife is a teacher. That will expire at the end of the month. After that, I have the option of prepaying for the year but paying only 10 months worth in $$. Quite a savings and I will be doing that. I use Republic Wireless.
by Nate7out
Fri Jun 26, 2020 9:35 pm
Forum: Personal Investments
Topic: 403B Investment Questions concerning wife
Replies: 4
Views: 349

Re: 403B Investment Questions concerning wife

3. I agree with you in investing everything in her tax sheltered 403B, but again my layered issue is that in 15 years is she just going to say this is 'HER money from HER account' and is it worth having WWIII over. We each max out our Roths and I want to max out her 403B, as it makes the most sense...
by Nate7out
Sun Jun 21, 2020 7:46 am
Forum: Personal Investments
Topic: Looking for early retirement in 3 years - Could use some advice on portfolio
Replies: 22
Views: 2052

Re: Looking for early retirement in 3 years - Could use some advice on portfolio

Do you know the cost basis for each individual investment in your taxable account? Given the large number of investments, you’d be well-served to put together a spreadsheet showing the cost basis, current value, and taxable gain for each one. Once you see each taxable gain, you may find it easier t...
by Nate7out
Wed Jun 17, 2020 7:53 am
Forum: Personal Investments
Topic: $1.6M in traditional, $700K in Roth: How much to convert to Roth?
Replies: 84
Views: 7598

Re: $1.6M in traditional, $700K in Roth: How much to convert to Roth?

Roth conversions need to be done at a time when you have low income (e.g. early retirement), so you pay a lower tax rate. You will pay high taxes if you do them during your working years.
by Nate7out
Wed Jun 10, 2020 11:40 am
Forum: Personal Investments
Topic: $1.6M in traditional, $700K in Roth: How much to convert to Roth?
Replies: 84
Views: 7598

Re: $1.6M in traditional, $700K in Roth: How much to convert to Roth?

The retiree portfolio model linked above is definitely the tool for this question. It will compare a case where you do no Roth conversions to your custom designed Roth conversion scenarios. It will tell you what total tax you will have paid and what total net worth will beat the end of the projectio...
by Nate7out
Wed Jun 10, 2020 6:58 am
Forum: Personal Investments
Topic: Is my thinking out of line with NOT funding a 529?
Replies: 41
Views: 3116

Re: Is my thinking out of line with NOT funding a 529?

This is bogleheads, so I am guilty of assuming OP was already maxing out retirement accounts. Roth $6k contributions feels like a drop in the bucket compared to account balances when you are later in accumulation, but we still do them because it is the best use of that $6k for the future. Once you a...
by Nate7out
Wed Jun 10, 2020 5:41 am
Forum: Personal Investments
Topic: Is my thinking out of line with NOT funding a 529?
Replies: 41
Views: 3116

Re: Is my thinking out of line with NOT funding a 529?

Yes, your thinking is out of line. With a $1000 tax credit on a $5k contribution it is a no brainer YES to do the 529. I have a spreadsheet setup for 529 comparisons. You invest the $5k in the 529 and the $1k tax savings in taxable - in 15 years you have: $14,067.35. You invest the $5k in taxable an...
by Nate7out
Wed Jun 10, 2020 5:18 am
Forum: Personal Investments
Topic: percentage of portfolio in Roth?
Replies: 72
Views: 3652

Re: percentage of portfolio in Roth?

Roth 50%; Tax Deferred 15%, Taxable 35%. Going forward, contributions will be 55% or so tax deferred, but I think the others have enough head start - will probably end up around 38% , 24%, 38% at retirement.
by Nate7out
Mon Jun 08, 2020 8:27 pm
Forum: Personal Investments
Topic: 401K Help! John Hancock
Replies: 9
Views: 516

Re: 401K Help! John Hancock

I have JH at my work. For my plan the overall chart that shows expenses isn't the whole picture. The chart says .04% for the S&P fund. The prospectus clarifies it is actually 0.3%. also there are additional plan fees totalling 1.36%.

Maybe check further. Hopefully your plan is better.
by Nate7out
Sun Jun 07, 2020 9:50 pm
Forum: Personal Investments
Topic: Haven't been sleeping well.. thinking of getting super conservative with AA
Replies: 69
Views: 7431

Re: Haven't been sleeping well.. thinking of getting super conservative with AA

Here is another blog post that compares the weight of savings rate vs. investment returns right in the beginning and has a nice graph. Savings can contribute more than investment returns.

https://earlyretirementnow.com/2016/03/ ... -math-101/
by Nate7out
Sun Jun 07, 2020 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend paying rent
Replies: 107
Views: 10773

Re: Girlfriend paying rent

My girlfriend (now wife) split expenses with me in a similar way. I, of course, was living below my means and had a surplus that had nowhere to go but a taxable brokerage account. We may have been better off if she did not pay expenses and instead contributed more to her 403b. I only say may because...
by Nate7out
Sun May 31, 2020 11:55 am
Forum: Personal Investments
Topic: Paying off debt with taxable account + EF
Replies: 39
Views: 1801

Re: Paying off debt with taxable account + EF

It sounds like your debt is small so it probably doesn't matter much what you do. I don't know anyone who likes debt. However, overcoming my debt aversion added significantly to my net worth. Can you elaborate on this? Do you just mean de facto leveraged investing like paying the minimum on your mo...