Search found 242 matches

by Yukon
Sun Jun 30, 2019 8:47 pm
Forum: Personal Consumer Issues
Topic: Best city/state to raise an autistic child?
Replies: 20
Views: 2438

Re: Best city/state to raise an autistic child?

PA has an easy process in waiving income thresholds to have child qualify for medicaid services. But I'd pay for RDI before letting someone else pay for ABA.
by Yukon
Sun Jun 30, 2019 4:06 am
Forum: Personal Finance (Not Investing)
Topic: Variable Percentage Withdrawal (VPW)
Replies: 876
Views: 287711

Re: Variable Percentage Withdrawal (VPW)

I take the Taylor Method to encompass flexibility, which could include anything from going back to work to annuitization to other strategies in response to market changes. Unlike some, I am not pathologically obsessed with false precision, as opposed to being tyrannized by never ending Fake News Fi...
by Yukon
Mon Jun 17, 2019 1:51 pm
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 110
Views: 6486

Re: How to avoid high vet bills?

RobLyons wrote:
Mon Jun 17, 2019 11:36 am
Yukon wrote:
Mon Jun 17, 2019 9:30 am
Quit taking the dog to the vet.

I wish. He has to stay up to date with rabies in order to keep his dog license. And this visit was follow up from his Lyme disease.
Spacing out our trips after this
Isn't rabies every 3 years? And a follow up for lyme? Was the dog sick?
by Yukon
Mon Jun 17, 2019 9:30 am
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 110
Views: 6486

Re: How to avoid high vet bills?

Quit taking the dog to the vet.
by Yukon
Mon Jun 03, 2019 7:42 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13002

Re: 2% withdrawal rate

Have the trinity study results ever been converted to other countries? 2% is certainly conservative if looking at US data but US data may not continue to act like US data. What does Japan's trinity study show to be prudent? I find it odd that people are ridiculed for thinking 2% is far too cautious...
by Yukon
Fri May 31, 2019 8:38 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 505
Views: 65156

Re: Name something you had to have and now you regret purchasing it?

dm200 wrote:
Fri May 31, 2019 1:20 pm
Yukon wrote:
Fri May 31, 2019 12:38 pm
dm200 wrote:
Fri May 31, 2019 8:45 am
DannP wrote:
Thu May 30, 2019 7:36 pm
Dog treadmill $2500
Really??
I spent $7k on mine.
What does the dog think about the treadmill?
Loves it for the first 16 miles or so. Then gets too tired over the last 4.
by Yukon
Fri May 31, 2019 12:38 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 505
Views: 65156

Re: Name something you had to have and now you regret purchasing it?

dm200 wrote:
Fri May 31, 2019 8:45 am
DannP wrote:
Thu May 30, 2019 7:36 pm
Dog treadmill $2500
Really??
I spent $7k on mine.
by Yukon
Fri May 31, 2019 10:12 am
Forum: Personal Consumer Issues
Topic: Gardening 2019
Replies: 106
Views: 8729

Re: Gardening 2019

They are definitely less green/more yellow than when they were inside. But they dont look like they are dying. I did try to harden them off for a week or so, but maybe I should have done it for longer. I was anxious to get them in the ground since I probably started the seeds about 2 weeks too earl...
by Yukon
Fri May 31, 2019 8:15 am
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13002

Re: 2% withdrawal rate

If a 40 year old is expected to live 43.6 years, 1/43.6 would be about 2.3% ... So it seems entirely reasonable to me that the 40 year old would assume almost no risk by putting the entire balance into TIPS and could withdraw 2.3% + inflation for the remainder of their expected life. In the later y...
by Yukon
Fri May 31, 2019 7:05 am
Forum: Personal Consumer Issues
Topic: Gardening 2019
Replies: 106
Views: 8729

Re: Gardening 2019

Ok, so first time planting a garden... built a raised garden, successfully grew tomatoes from seed and transplanted about 2 weeks ago. I planted them deep and they seem to be growing some roots from the stem, but almost no height change. I was expected more robust growth for indeterminate tomatoes....
by Yukon
Fri May 31, 2019 5:34 am
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13002

Re: 2% withdrawal rate

Have the trinity study results ever been converted to other countries? 2% is certainly conservative if looking at US data but US data may not continue to act like US data. What does Japan's trinity study show to be prudent? I find it odd that people are ridiculed for thinking 2% is far too cautious...
by Yukon
Fri May 31, 2019 5:29 am
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13002

Re: 2% withdrawal rate

Have the trinity study results ever been converted to other countries? 2% is certainly conservative if looking at US data but US data may not continue to act like US data. What does Japan's trinity study show to be prudent? I find it odd that people are ridiculed for thinking 2% is far too cautious...
by Yukon
Thu May 30, 2019 8:16 am
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13002

Re: 2% withdrawal rate

Have the trinity study results ever been converted to other countries? 2% is certainly conservative if looking at US data but US data may not continue to act like US data. What does Japan's trinity study show to be prudent? I find it odd that people are ridiculed for thinking 2% is far too cautious ...
by Yukon
Thu May 23, 2019 5:04 am
Forum: Personal Consumer Issues
Topic: de-googling my life: Keep Notes alternatives
Replies: 46
Views: 6577

Re: de-googling my life: Keep Notes alternatives

I've used Evernote and OneNote extensively. Both were ultimately unacceptable for my use cases and preferences. Can't see myself ever going back to either. Mind sharing what was unacceptable? I'm a current Evernote user but never been thrilled. I settled on zim-wiki, and truly love it. Some idiosyn...
by Yukon
Sun May 19, 2019 6:18 am
Forum: Personal Consumer Issues
Topic: Which car has the best or most comfortable cabin under 35K
Replies: 74
Views: 6114

Re: Which car has the best or most comfortable cabin under 35K

I'll vote for a Subaru, but for a slightly different reason. I commuted an hour each way three to five days a week until just recently and the number 1 thing that improved my comfort was adaptive cruise control. That's a high trim level option on many luxury cars, but is standard or becoming standa...
by Yukon
Sat May 18, 2019 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Credit Card - 0% APR for 18 Months
Replies: 17
Views: 1944

Re: Fidelity Credit Card - 0% APR for 18 Months

Oh, thank you for pointing this out. My go to card is Bank of America Platinum ($95 AF) for all travel b/c I get 3.5 Travel cashback + Excellent Travel Insurances and Trip Cancellation Protections (which is worth more vs cashback or points for my situations, given I have 2 8 yr olds and they often ...
by Yukon
Fri May 17, 2019 1:42 pm
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 5572

Re: Guidance on choosing between UMich and Brown

You have to search within yourself to see if you are open to humiliation at the hands of The Ohio State University every November. Good point but at least at both Brown and UM one won't be distracted by following football. You both are going to have to use shorter sentences if you want the banter t...
by Yukon
Wed May 15, 2019 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3896
Views: 722578

Re: What's Your Credit Card Rewards Strategy?

Actually, it was his suggestion and no, they are not taxable to me as the owner. It's never generated a 1099-MISC There is a difference between funds paid when opening up a checking account and getting money versus reward points, which are often viewed as rebates. We've been audited multiple times ...
by Yukon
Wed May 15, 2019 5:25 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3896
Views: 722578

Re: What's Your Credit Card Rewards Strategy?

We accumulate a ton of points because we are business owners. We use Chase UR points by using the "Things to do" button on the Chase portal. I know many would argue that it isn't a great redemption value, but we always have more than we can possibly use. There are many options available for Seattle...
by Yukon
Wed May 15, 2019 5:21 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3896
Views: 722578

Re: What's Your Credit Card Rewards Strategy?

We accumulate a ton of points because we are business owners. We use Chase UR points by using the "Things to do" button on the Chase portal. I know many would argue that it isn't a great redemption value, but we always have more than we can possibly use. There are many options available for Seattle...
by Yukon
Tue May 14, 2019 7:41 pm
Forum: Personal Consumer Issues
Topic: Fair price for new Subaru Outback?
Replies: 20
Views: 1848

Re: Fair price for new Subaru Outback?

Call Grand Subaru in Chicago. They sell 50%? of their cars online and deliver. They were about 2 or 3k cheaper than everything local a few years ago on a 2015 subaru outback. But your price seems solid and probably good enough.
by Yukon
Fri May 10, 2019 8:00 pm
Forum: Investing - Theory, News & General
Topic: Charlie Munger_WSJ interview
Replies: 17
Views: 3794

Re: Charlie Munger_WSJ interview

But it's now behind the paywall? Or am I missing something?
by Yukon
Fri May 10, 2019 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3896
Views: 722578

Re: What's Your Credit Card Rewards Strategy?

I can find better deals with European discount travel agencies than booking directly via airlines, so all those travel perks have become moot to me It's really all about what you want. If you want to get from point A to point B my opinion is it's best to simplify with cash back credit cards. If you...
by Yukon
Fri May 10, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3896
Views: 722578

Re: What's Your Credit Card Rewards Strategy?

international001 wrote:
Fri May 10, 2019 12:25 pm
I can find better deals with European discount travel agencies than booking directly via airlines, so all those travel perks have become moot to me
Which agencies?
by Yukon
Thu May 09, 2019 6:47 am
Forum: Personal Investments
Topic: windfall management
Replies: 38
Views: 3496

Re: windfall management

are there any other expense categories that seem egregious? it is nice to get an outsiders perspective as i number crunch and then fight with my wife so i never know if my senses are correct. 14k in life/disability insurance seems egregious. Were you sold a whole life policy? (Term life insurance i...
by Yukon
Fri May 03, 2019 7:12 am
Forum: Personal Consumer Issues
Topic: Gardening 2019
Replies: 106
Views: 8729

Re: Gardening 2019

Zone 5b here. Redoing our garden. Building (almost done) with our movable gothic arch greenhouse. This will let us open up the ground and plant all year long in NE PA. We are going to be following elliot colemans winter harvest handbook. You have a plan that you used for the greenhouse? I've been w...
by Yukon
Wed Mar 27, 2019 7:01 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 857
Views: 87771

Re: What frugal thing did you do today?

DrGoogle2017 wrote:
Mon Mar 25, 2019 4:39 pm
My new credit card arrived and I found out I could put my insurance bill on it. I was worried I might not be able to meet the minimum for 3 months. Didn’t want to buy antything I don’t have to. This will earn me one way first class ticket to Japan.
Which credit card?
by Yukon
Mon Mar 18, 2019 7:53 pm
Forum: Personal Consumer Issues
Topic: Am I being cheap? Wife wants a minivan, but I want to hold off
Replies: 170
Views: 7876

Re: Am I being cheap? Wife wants a minivan, but I want to hold off

Google the stats and look at the death rate per mile for both activities. It isn't even close. As I said, there is more to life than safety. I am sure the trampoline park we spend 2 hours at on Saturday wasn't the safest thing we could have been doing. It sure was fun though:) The only stats I coul...
by Yukon
Fri Mar 01, 2019 6:00 am
Forum: Personal Consumer Issues
Topic: How do YOU make coffee?
Replies: 201
Views: 8862

Re: How do YOU make coffee?

Coffee habits are a form of dependence. I don't mean caffeine dependence; I mean a complex lifestyle required to satisfy exquisite coffee tastes. This lifestyle requires you to have a humongous coffee machine, and thus you need a large kitchen and can't live in a small apartment. You can go only to...
by Yukon
Mon Feb 25, 2019 8:16 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3847
Views: 1106026

Re: What Book Are You Currently Reading? Part VI

DanMahowny wrote:
Mon Feb 25, 2019 10:38 am
Can't Hurt Me by David Goggins.

10 of 10 stars
6hrs into this audiobook. Amazing
by Yukon
Wed Jan 23, 2019 5:38 am
Forum: Personal Investments
Topic: Afoot or on horseback?
Replies: 24
Views: 1886

Re: Afoot or on horseback?

Example: investment X has a 3% expense ratio. The investment goes up in value $100. Only $97 gets reinvested (compounded) back into my balance for that investment. I never see that $3 called out anywhere I just lose it right away before it even becomes my money and I would lose that $3 year after y...
by Yukon
Fri Jan 18, 2019 3:59 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 777
Views: 86240

Re: Fidelity as a one stop shop

We’ve since acquired the Alliant 2.5% card (our spending level will cover the annual fee) so the new Fidelity/Elan cards, after spending enough to meet the cash-out minimum, now sit in a drawer. This is us as we use the Alliant card too, and my Fidelity card sits in a drawer....but not sure what th...
by Yukon
Wed Jan 16, 2019 7:12 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 52017

Re: John Bogle is dead at 89

RIP, sir. Thank you.
by Yukon
Sun Jan 13, 2019 1:18 pm
Forum: Personal Investments
Topic: Roth vs traditional 401k
Replies: 19
Views: 685

Re: Roth vs traditional 401k

1. The math of "Roth is better because it will grow tax-free for a long time and it will be a much larger amount at withdrawal" is not correct. See the wiki I linked, under "Taxes." 2. Diversification is good. OP should consider the backdoor Roth. 3. I don't think there's a reasonable chance Congre...
by Yukon
Sun Jan 13, 2019 10:08 am
Forum: Personal Investments
Topic: Roth vs traditional 401k
Replies: 19
Views: 685

Re: Roth vs traditional 401k

Very much appreciate the help. Can either of you explain to me as a novice, why it wouldnt behoove me to avoid paying taxes on the growth of the investment, provided I am so far from retirement (25-30 years), and the amount withdrawn will certainly be much more than what I am putting in now. I like...
by Yukon
Sun Jan 13, 2019 9:34 am
Forum: Personal Investments
Topic: Roth vs traditional 401k
Replies: 19
Views: 685

Re: Roth vs traditional 401k

No. I think you are the textbook case for a traditional 401k. Saving the $18,500 in pretax would presumably save you about $4625 in federal taxes. (assuming 25% is your tax federal bracket)
by Yukon
Wed Jan 09, 2019 2:45 pm
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate at 38 years old
Replies: 95
Views: 7923

Re: Safe withdrawal rate at 38 years old

I like Bill Bernstein's quote on withdrawal rates: "Two percent is bulletproof, 3% is probably safe, 4% is pushing it, and at 5%, you’re eating Alpo in your old age" That quote of Bernstein's is beyond ridiculous. Historically, a 4% fixed WR has never failed in the U.S. (well, maybe 3.8%), and Bern...
by Yukon
Wed Jan 09, 2019 4:44 am
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate at 38 years old
Replies: 95
Views: 7923

Re: Safe withdrawal rate at 38 years old

I like Bill Bernstein's quote on withdrawal rates: "Two percent is bulletproof, 3% is probably safe, 4% is pushing it, and at 5%, you’re eating Alpo in your old age"
by Yukon
Sun Jan 06, 2019 8:25 pm
Forum: Personal Investments
Topic: CPA suggesting I don't contribute max to 401k this year?
Replies: 38
Views: 5407

Re: CPA suggesting I don't contribute max to 401k this year?

But utilizing a SEP-IRA makes the backdoor ROTH contribution option become prohibitively expensive. Okay, I'm unfamiliar with backdoor Roth's and the nuances of using a SEP contribution versus a 401K contribution. Is there somewhere I can read about the differences and nuances of this? The wiki htt...
by Yukon
Sun Jan 06, 2019 1:17 pm
Forum: Personal Investments
Topic: CPA suggesting I don't contribute max to 401k this year?
Replies: 38
Views: 5407

Re: CPA suggesting I don't contribute max to 401k this year?

More to the point, I think SEP contributions also reduce QBI for an S Corp, don't they? So how does that help? It wouldn't help if you're trying to maximize your income to get the best pass-through deduction. One has to compare if it's better to do that versus maximize retirement fund contributions...
by Yukon
Thu Jan 03, 2019 7:04 am
Forum: Personal Investments
Topic: CPA suggesting I don't contribute max to 401k this year?
Replies: 38
Views: 5407

Re: CPA suggesting I don't contribute max to 401k this year?

My advice is to make the employee-side $19000 contribution, probably as a Roth. But not to make the employer side contribution, given a 90% equity AA. Just hold super tax efficient ETFs (Blackrock, Vanguard) or mutual funds (Vanguard). My preference for taxable accounts is ETFs, but anything that i...
by Yukon
Sat Dec 22, 2018 8:15 pm
Forum: US Chapters
Topic: My Christmas Present To You
Replies: 108
Views: 11806

Re: My Christmas Present To You

Thank you,Taylor.
by Yukon
Sun Dec 16, 2018 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Strange [job] interview- what do you think?
Replies: 35
Views: 3665

Re: Strange [job] interview- what do you think?

Difficult to know with the limited information but your contact put in a good enough word to get an immediate call back. HR pre-screened you as a good candidate with 25% chance of landing the job. So that is promising. The hiring manager admitted to being unconventional in his/her interview process ...
by Yukon
Sun Dec 16, 2018 4:58 am
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 20481

Re: Favorite Purchase of 2018?

The cruise of a lifetime. It isn’t happening until 2020, but we locked it in this year. And are slowly, slowly, whittling away at the payment for it. A total of 49 days along the west coast of Central and South America, around Cape Horn, and finishing in Rio de Janiero. “This is gold, Jerry. Gold!”...
by Yukon
Sat Dec 15, 2018 12:57 pm
Forum: Personal Investments
Topic: Backdoor Roth at what cost?
Replies: 9
Views: 698

Re: Backdoor Roth at what cost?

IRS online: Can I roll over my IRA into my retirement plan at work? You can roll over your IRA into a qualified retirement plan (for example, a 401(k) plan), assuming the retirement plan has language allowing it to accept this type of rollover. Roth IRAs can only be rolled over to another Roth IRA....
by Yukon
Sat Dec 15, 2018 12:55 pm
Forum: Personal Investments
Topic: Backdoor Roth at what cost?
Replies: 9
Views: 698

Re: Backdoor Roth at what cost?

Wait a minute. The non-deductible traditional IRA may not be able to be rolled into your 401k and may need to be converted into a Roth. This will cause (by virtue of the 70k in gains) a LARGE taxable event. Bogleheads, Correct me if I am wrong..... Edited to add. A quick google search seems to conf...
by Yukon
Sat Dec 15, 2018 9:19 am
Forum: Personal Investments
Topic: Backdoor Roth at what cost?
Replies: 9
Views: 698

Re: Backdoor Roth at what cost?

It depends. Let's consider an overly simplified case. Assume you have after-tax fund of $6,000 per year for the next 20 years. If you invest it in a taxable account, you have to pay tax on capital gains when you sell besides yearly tax drag. Assume the average effective return is 120% over 20 years...
by Yukon
Sat Dec 15, 2018 9:01 am
Forum: Personal Investments
Topic: Backdoor Roth at what cost?
Replies: 9
Views: 698

Re: Backdoor Roth at what cost?

Longdog wrote:
Sat Dec 15, 2018 8:15 am
Probably worth it, but it could depend on what the investment choices are in the 401k. If they include (and you take advantage of) low ER index funds, then very likely worth it, in my opinion.
Yes, all the available funds are low ER Vanguard options.
by Yukon
Sat Dec 15, 2018 8:10 am
Forum: Personal Investments
Topic: Backdoor Roth at what cost?
Replies: 9
Views: 698

Backdoor Roth at what cost?

I am considering Backdoor roth to improve the ROTH portion of our retirement assets. Our small business has switched from a SEP IRA plan into a 401k plan so it opens the door to consider converting IRAs into the 401k that previously would have been subject to the pro rata rule. 700k in SEP IRA (held...