Search found 391 matches

by noco-hawkeye
Thu Feb 21, 2019 9:39 am
Forum: Personal Investments
Topic: office retirement plan
Replies: 4
Views: 489

Re: office retirement plan

I think if I ran a small business I'd want to take care of both my retirement, and help with my employees retirement. Especially in a tight employment environment you want to keep your employees happy! Agree with this. If you made 90k on a 1099 recently and are not very excited to share some of you...
by noco-hawkeye
Sun Feb 17, 2019 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 165
Views: 16466

Re: Losing a job in your 50's...

I think we should all plan to retire in our 50s. So, if we do get laid off at that time - we will already be financially independent. At least that is my current plan. I am 47 now - and am planning to retire at 57. Hopefully, no emergencies occur that will change this. I also could decide to work a...
by noco-hawkeye
Sat Feb 16, 2019 7:26 am
Forum: Personal Consumer Issues
Topic: Best Mattress Close to Original Tempurpedic
Replies: 23
Views: 2310

Re: Best Mattress Close to Original Tempurpedic

The costco memory foam mattresses are very firm, and we have been very happy with them. 3 out of 4 mattresses in the house are now of this type. It's the model they usually carry in store. Costco at least would have a generous return policy, although I'm not sure how you "put the genie back in the b...
by noco-hawkeye
Wed Feb 13, 2019 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a 2019 RAV4 hybrid - how to pay for it?
Replies: 76
Views: 3661

Re: Buying a 2019 RAV4 hybrid - how to pay for it?

Under no circumstance would borrowing against retirement be an option here. Even with everyone saying the market returns are expected to be no more than 3-4% real...OK. So you know what the market will do then? People said we were headed for recession around Christmas too. People say lots of things...
by noco-hawkeye
Wed Feb 13, 2019 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a 2019 RAV4 hybrid - how to pay for it?
Replies: 76
Views: 3661

Re: Buying a 2019 RAV4 hybrid - how to pay for it?

You've got a 10 year old car that is working fine? Keep on saving would be my first option, and I would not finance anything unless it is less than a few % from the dealer or bank, and was an amount your could pay off within a year or two. If you pay > 5% interest you better pay it off within a few ...
by noco-hawkeye
Sat Feb 09, 2019 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Pay off the mortgage simply?
Replies: 8
Views: 819

Re: Pay off the mortgage simply?

When the balance is this low, I'd pay it off (unless you have to sell stocks and take gains to pay it off, then the answer might depend). Really the thinking is are you better off keeping this money otherwise in a savings account or invested? I think for this amount of money, and the short amount of...
by noco-hawkeye
Tue Feb 05, 2019 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Cost of college and 529
Replies: 642
Views: 24829

Re: Cost of college and 529

.... I understand your point but I don’t understand your math. Someone making $60k a year, and putting $10k into their 401K is, net of taxes, likely living on about $2750/month now. Why would they need more than that in retirement ( in today’s dollars)? Those numbers would just about completely cov...
by noco-hawkeye
Tue Feb 05, 2019 10:19 am
Forum: Personal Investments
Topic: 401(k) Administrator Fees
Replies: 15
Views: 458

Re: 401(k) Administrator Fees

Ours is %0.5 for admin costs and I've seen other threads where this is not uncommon. Yes it would be nice if this was lower or something I had more control over, but it's not something I have much control over. If your investment options within the plan are very low cost, try to look at the total co...
by noco-hawkeye
Mon Feb 04, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of college and 529
Replies: 642
Views: 24829

Re: Cost of college and 529

.. I generally agree with the sentiment of those who seem to be arguing against me, in that I personally feel like saving for retirement SHOULD be a higher priority for most families than saving for college education. I don't think it's necessary to max out all possible tax-advantaged retirement ac...
by noco-hawkeye
Mon Feb 04, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: The real dog food diet...
Replies: 59
Views: 3743

Re: The real dog food diet...

Amazon has some new food for prime members called Wag. They have a intro bag you can buy, if you want to try it first. My dogs seem to like this the best. We've used kirkland, call of the wild, and a brand called elevate too. The wag stuff seems to be a reasonably high quality food that the dogs lik...
by noco-hawkeye
Sun Feb 03, 2019 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Cost of college and 529
Replies: 642
Views: 24829

Re: Cost of college and 529

.. I generally agree with the sentiment of those who seem to be arguing against me, in that I personally feel like saving for retirement SHOULD be a higher priority for most families than saving for college education. I don't think it's necessary to max out all possible tax-advantaged retirement ac...
by noco-hawkeye
Sun Feb 03, 2019 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Cost of college and 529
Replies: 642
Views: 24829

Re: Cost of college and 529

Not true. For any money spent on education, withdrawals from a traditional IRA will trigger a 10% penalty, income tax on both contributions AND gains, AND loss of any state tax deduction offered on the 529. Careful. Oldsters like me were already 59.5 when my children were in college, so no 10% pena...
by noco-hawkeye
Fri Feb 01, 2019 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage "Benefits"
Replies: 108
Views: 8940

Re: Marriage "Benefits"

quite frankly I think the entire process is nonsense and you can absolutely be in love/committed to another person without the stupid ring and overpriced ceremony. i love her, never cheated, never will, and have the "Rest of my life" intention for sure. That's all that should matter ... right? I am...
by noco-hawkeye
Fri Feb 01, 2019 8:24 am
Forum: Personal Consumer Issues
Topic: Letting Dog out everyday for lunch... the roundtrip drive is killing me.. ideas?
Replies: 151
Views: 9531

Re: Letting Dog out everyday for lunch... the roundtrip drive is killing me.. ideas?

Do you have the option of sliding your working hours a bit earlier or a bit latter? Then on the other end of your job you would have your wife, and maybe you can get that down to something like a 6 hour window? Even at 8 hours, I think most dogs can and do handle that fine.
by noco-hawkeye
Thu Jan 31, 2019 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of college and 529
Replies: 642
Views: 24829

Re: Cost of college and 529

We simply planned for two 4-year in-state public university tuitions+room/board at current prices (and assumed growth in the 529 accounts would match increases in tuition). We purposely underfunded slightly so we wouldn't have excess in the 529s. One is in a private university but with scholarships...
by noco-hawkeye
Thu Jan 31, 2019 8:33 am
Forum: Personal Investments
Topic: Lumpsum Contribution or Monthly Contribution to 401K
Replies: 31
Views: 1265

Re: Lumpsum Contribution or Monthly Contribution to 401K

... My question is: Does the way how I contribute will also change our employers contribution $$$: example: 1) If I contribute monthly to 401K spreading from JAN to DEC 2) Contributing lump sum coming from bonus into 401K during Feb of every year. So I max out 401K by May It can be different, depen...
by noco-hawkeye
Mon Jan 28, 2019 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3270

Re: Opinions on Computational Engineering Undergraduate Major

Now KalngFool may have somewhat of a point that some hiring managers might not be very eager to take a chance on a degree like this vs just a straight up CS degree. That is a fair point to a degree. However, there are still a lot of jobs (and good managers) that would hire such a person. And once y...
by noco-hawkeye
Mon Jan 28, 2019 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Keep Grinding or Make the Leap? (Relocation: age, family, career considerations etc...)
Replies: 27
Views: 2530

Re: Keep Grinding or Make the Leap? (Relocation: age, family, career considerations etc...)

We moved from the upper midwest to the western part of the country. One of the best decisions we ever made, regret it 0%.
by noco-hawkeye
Sun Jan 27, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3270

Re: Opinions on Computational Engineering Undergraduate Major

I know there are lots of engineers on this site so i thought I would ask if people are familiar with the major computational engineering and what their thoughts might be High school senior is accepted to Computational Engineering at UT Austin. The major appeals to the student because of its combina...
by noco-hawkeye
Fri Jan 25, 2019 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Cash for Primary Residence?
Replies: 26
Views: 2263

Re: Pay Cash for Primary Residence?

The way I look at it is by using prioritized buckets : The first item is retirement saving. Before considering cash you should have at least 10x expenses in your retirement accounts, closer to 20x would be great. The second item is kids college expenses. This one is tougher to have a rule on, since ...
by noco-hawkeye
Thu Jan 24, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Why doesn't a lot of money feel like a lot of money?
Replies: 205
Views: 21249

Re: Why doesn't a lot of money feel like a lot of money?

"Marginal utility of money". Google it. The reason why it does not feel like a lot of money is also behind all progressive taxation systems. This is the correct answer. The inverse of this is the marginal propensity to save. When I was young, my first paycheck over $1,000 seemed giant and I had the...
by noco-hawkeye
Tue Jan 22, 2019 6:09 pm
Forum: Personal Consumer Issues
Topic: Comparing health insurance company negotiated rates
Replies: 6
Views: 410

Re: Comparing health insurance company negotiated rates

Curios to follow this thread. On top of the prices not being transparent - one procedure will be cheaper with insurance A vs B. And vice versa with another procedure. So part of this question should be "what type of health care are you likely to consume?" Just check-ups? And then if you choose anoth...
by noco-hawkeye
Sun Jan 20, 2019 7:51 am
Forum: Personal Investments
Topic: No 529. son in high school
Replies: 19
Views: 1975

Re: No 529. son in high school

We are contributing to our 529 for our high schooler, and are likely to contribute when they are in college. We are in mostly bonds / cash type funds, so our growth is limited. With state taxes about 4.5% and unlimited deductions, this is our main benefit. I think there are still plenty of cases whe...
by noco-hawkeye
Sat Jan 19, 2019 9:57 pm
Forum: Personal Consumer Issues
Topic: Son moving to Denver from California
Replies: 47
Views: 3368

Re: Son moving to Denver from California

chevca wrote:
Sat Jan 19, 2019 6:35 pm
A better question might be, why is he living in Denver and not closer to Boulder?
That’s easy - home prices.
by noco-hawkeye
Sat Jan 19, 2019 9:55 pm
Forum: Personal Consumer Issues
Topic: Son moving to Denver from California
Replies: 47
Views: 3368

Re: Son moving to Denver from California

Snow tires are fairly common in the Colorado front range, but not required. If you have all season tires in good shape you will do reasonably well in a car like that. If you are on the fence, I might get snow tires and save the current tires for the summer months.
by noco-hawkeye
Wed Jan 16, 2019 5:41 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 49279

Re: John Bogle, who founded Vanguard and revolutionized retirement savings, dies at 89

He could’a been a billionaire. Instead he made hundreds of thousands of us investors millionaires. This ^ Plus a great quote from Morgan Housel on twitter: John Bogle built a nonprofit business with $5 trillion under management. What would have been profit effectively went to retirees. He's the big...
by noco-hawkeye
Sun Jan 13, 2019 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house for college student housing??
Replies: 2
Views: 465

Re: Buying a house for college student housing??

A friend of mine bought a place for his kiddo in college, much like what you describe. It turned out the neighbor had an abusive husband, and all sorts of extra drama ensued. I'm not sure my friend really was all that happy with the purchase he made, or at least with some of the hassle being a landl...
by noco-hawkeye
Fri Jan 11, 2019 5:13 pm
Forum: Personal Consumer Issues
Topic: What is an appropriate retirement gift?
Replies: 23
Views: 1366

Re: What is an appropriate retirement gift?

When I retire, I hope someone covers health insurance for me.

:D :wink:
by noco-hawkeye
Thu Jan 10, 2019 4:55 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 137
Views: 7729

Re: BHers, what is your Roth IRA %?

I think its roughly split evenly between roth / traditional 401k / taxable investments. This is not on purpose, just luck that it has worked out this way. The one game that I might be playing is to try to get ACA subsidies if / when I retire early. Having some different options I hope will help with...
by noco-hawkeye
Tue Jan 08, 2019 10:38 am
Forum: Personal Consumer Issues
Topic: How to save on prescription drug costs?
Replies: 43
Views: 2731

Re: How to save on prescription drug costs?

We have a high deductible, these prescriptions will not reduce our deductible, since it was not paid through our prescription coverage. I plan on using them until our deductible is met. I also have a High Deductible Plan that includes prescription coverage. Last year I had some medication that I fo...
by noco-hawkeye
Fri Jan 04, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA - is it worth filling out?
Replies: 108
Views: 5555

Re: FAFSA - is it worth filling out?

I did not fill it out. Not willing to trade intimate detail of my finances with no possibility of any benefit. The end result is the same. I pay for everything. Bingo. This thread only solidifies my plan to avoid of things FAFSA and student loans. For those that feel this way - is there a $$$ amoun...
by noco-hawkeye
Thu Jan 03, 2019 10:45 pm
Forum: Personal Consumer Issues
Topic: best cheap printer
Replies: 45
Views: 2389

Re: best cheap printer

I used to look for the "best cheap printer" and usually this ended up with an inkjet that worked for a year or two, then ink prices and the frequency of my printing (which is pretty low) leading to dried out ink drove me crazy. I'd then buy another inkjet, it would last a few years.... lather rinse ...
by noco-hawkeye
Thu Jan 03, 2019 4:23 pm
Forum: Personal Investments
Topic: Market closes almost 700 points lower
Replies: 18
Views: 1715

Re: Market closes almost 700 points

They might be glad that the day is over.
by noco-hawkeye
Thu Jan 03, 2019 11:20 am
Forum: Personal Finance (Not Investing)
Topic: COBRA ElectionForm and Coverage?
Replies: 11
Views: 480

Re: COBRA ElectionForm and Coverage?

In the past I've tried to refill RX's or see a doctor before the coverage went away, and then I played insurance chicken until my new plan kicked in. The one issue I see that might bite you is if your COBRA insurance rejected a claim. Say you have some issue during this period, and need an MRI. The ...
by noco-hawkeye
Sat Dec 29, 2018 9:21 am
Forum: Investing - Theory, News & General
Topic: College Inflation rate?
Replies: 59
Views: 3520

Re: College Inflation rate?

Exactly why I see no reason to believe the explosive cost structure of colleges as we know them today (or the construct we consider a college today) will exist or be sustainable in even 15 years when my 3 year old is of age to decide what to do. I choose to keep my money out of the mouth of the bea...
by noco-hawkeye
Fri Dec 28, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: not funding kid's tuition
Replies: 102
Views: 3359

Re: not funding kid's tuition

Since your income might prevent some aid and assistance packages would you be willing to be your child’s aid provider and offer the same advantages other students might have?
by noco-hawkeye
Mon Dec 24, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: What was your best investment in 2018?
Replies: 127
Views: 7349

Re: What was your best investment in 2018?

Finished the basement. Ignoring investment performance right now. :wink:
by noco-hawkeye
Sun Dec 23, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: Costco Tire Quality Seconds/Blems??
Replies: 31
Views: 2876

Re: Costco Tire Quality Seconds/Blems??

The tire manufacturers would view costco as one of their top customers / supply chains. It does not make sense that they would setup a top customer with second rate products. Likewise costco wants to sell a lot of tires and not do a lot of follow up with customers. It makes no sense they would be in...
by noco-hawkeye
Fri Dec 21, 2018 10:46 am
Forum: Personal Investments
Topic: What to do with active funds in taxable in current market?
Replies: 11
Views: 956

Re: What to do with active funds in taxable in current market?

You do not want to own active funds in taxable in a downtrending market. In addition to your losses, active funds generate wicked capital gains distributions once they run out of losers to sell to offset realized gains. I would put in the sell order tonight. The market could jump 20% next year and ...
by noco-hawkeye
Thu Dec 20, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: Lively has caved on HSA fees
Replies: 16
Views: 1284

Re: Lively has caved on HSA fees

So does this make them roughly equivalent then? I just started with lively right before the recent Fido news, and I think I'm just going to stay put with Lively.
by noco-hawkeye
Mon Dec 17, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: Stand up desks: Jarvis vs UpLift vs ?? (Help me shop)
Replies: 34
Views: 1942

Re: Stand up desks: Jarvis vs UpLift vs ?? (Help me shop)

OP, Check out Ikea. https://www.ikea.com/us/en/catalog/products/S49022538/ KlangFool I found the Ikea desks to be a bit wobbly. It would be fine for occasional use, but if you work remotely full time I think there are better options for similar money. However, I did use the Ikea desk top (https://w...
by noco-hawkeye
Mon Dec 17, 2018 12:43 pm
Forum: Personal Investments
Topic: New attending (MD) 401k question
Replies: 2
Views: 237

Re: New attending (MD) 401k question

Be careful about rolling into a rollover IRA because that may make you ineligible for back door Roth IRA contributions. Many times you can take a rollover IRA and roll that back into your 401k (if available). Also, I think you technically can still do a back door roth IRA - it just caries some tax ...
by noco-hawkeye
Sun Dec 16, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 249
Views: 20611

Re: What Happened to you during the Financial crisis of 2007–2008

Having survived the dot-com bust where I saw my team have 50% of the staff laid off, forced vacation, pay reductions - I thought I had survived something special. What happened in the financial crisis was much more scary to me. I recall investing a larger lump sum into my young kids 529 plans during...
by noco-hawkeye
Sat Dec 15, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Forgoing health insurance
Replies: 112
Views: 5293

Re: Forgoing health insurance

In my area virtually any kind of accident/injury/illness that requires overnight hospitalization will end up with a bill of $100K at "rack" rates for the services (room/board/doctors/surgery/etc) rendered. An overnight stay costs over $100k? Our daughter's eight week stay in our local NICU averaged...
by noco-hawkeye
Fri Dec 14, 2018 8:23 am
Forum: Personal Finance (Not Investing)
Topic: ReFi...Yes or No
Replies: 16
Views: 1059

Re: ReFi...Yes or No

Jack FFR1846 wrote:
Thu Dec 13, 2018 7:58 pm
Why not sell it?
This ^ +1.

Have you done the math and are confident that this is the best use of your equity?
by noco-hawkeye
Mon Dec 10, 2018 8:27 am
Forum: Personal Consumer Issues
Topic: Contractor draws during remodeling project
Replies: 25
Views: 2975

Re: Contractor draws during remodeling project

We've done 50% up front and 50% on completion. We've also done 50% up front and then pay for each portion as it is completed. I would certainly understand the concern with cabinets. They are pretty expensive and if you contractor is independent it might be a pretty big initial outlay for them. The t...
by noco-hawkeye
Mon Dec 10, 2018 8:22 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 8006

Re: To each his own ( I guess )

Have either of you already been to Europe or Asia? After visiting there I view travel to there differently. Before I would have said just staying home is fine with me, but now I'd jump at the chance to go to either.
by noco-hawkeye
Fri Dec 07, 2018 8:30 am
Forum: Investing - Theory, News & General
Topic: Why Retirement Is Broken And Needs To Be Reinvented
Replies: 174
Views: 12523

Re: Why Retirement Is Broken And Needs To Be Reinvented

This back and forth of wanting to save, then actually saving - vs knowing how much to save and when reminds me of a encounter I had this week. I was talking with a friend of mine at work who is in his 60s. He is an engineer, I'm sure making somewhere in the 6 figures. Compared to most Americans he i...
by noco-hawkeye
Wed Nov 28, 2018 5:19 pm
Forum: Personal Investments
Topic: Pay off Mortgage - performing mortgage
Replies: 27
Views: 2297

Re: Pay off Mortgage - performing mortgage

... Even so, it wouldn't hurt to ask them for a discount to pay off the balance. Chances are your mortgage is going to be worth less as rates are currently rising, so the business case is there. I don't understand this logic. If you pay it off today (according to terms) you limit the amount of inte...
by noco-hawkeye
Wed Nov 28, 2018 1:45 pm
Forum: Personal Investments
Topic: Sell Individual Stocks or Just Keep Them To Avoid Commissions?
Replies: 31
Views: 1938

Re: Sell Individual Stocks or Just Keep Them To Avoid Commissions?

When I was younger some blue chip "safe" stocks included GE & Sears. You never know what the far off future holds - I would sell em.