Search found 665 matches

by haban01
Wed Mar 06, 2019 9:09 pm
Forum: Personal Investments
Topic: WRS Additional Contributions
Replies: 31
Views: 1289

Re: WRS Additional Contributions

First off, Congratulations on being in the WRS. It is one of the best pension plans in the country and is in envy of our friends to the south (IL.). I assume that you make too much to fund a Roth IRA? Just another good option. Will your SS be throttled back at 70. I thought that between the pension ...
by haban01
Fri Mar 01, 2019 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Advice at 60
Replies: 52
Views: 5106

Re: Advice at 60

Sorry for your job loss. I think you need to be in deep research/assessment mode. Do you have health coverage lined up? Is your wife working? Do you have a good handle on your annual spending? Do you have an idea of what each of your SS will be at 62, 67 and 70? Any pensions for either of you? I th...
by haban01
Fri Mar 01, 2019 9:02 pm
Forum: Personal Consumer Issues
Topic: A Cobalt Boat
Replies: 41
Views: 3290

Re: A Cobalt Boat

Big Boat = No :moneybag
by haban01
Fri Mar 01, 2019 9:00 pm
Forum: Investing - Theory, News & General
Topic: At what rate should an investor borrow to fund a Roth account?
Replies: 18
Views: 1904

Re: At what rate should an investor borrow to fund a Roth account?

Absolutely none of the time. This is worse than funding it at all. Wait til the deck of cards falls.. :greedy
by haban01
Fri Mar 01, 2019 8:58 pm
Forum: Personal Investments
Topic: How would you protect your 401k prior to a recession
Replies: 14
Views: 1505

Re: How would you protect your 401k prior to a recession

Mr.BB wrote:
Fri Mar 01, 2019 8:43 pm
Choose your asset allocation like you would choose a spouse. Something that you can live with and good times and bad.
Outstanding!!!! :D
by haban01
Wed Feb 27, 2019 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Can I Retire in July 2019?
Replies: 30
Views: 5563

Re: Can I Retire in July 2019?

Thanks again to all who have taken the time to contribute to the discussion. To clarify a few things: the 70K annual spending target includes my estimated health care, both premiums and out-of-pocket. As for ACA, it may be preferable once I have the time to review it in more detail, but for the sak...
by haban01
Fri Feb 22, 2019 9:10 pm
Forum: Personal Investments
Topic: Why Not 5 years of Expenses in Fixed Income, Remainder in Equities?
Replies: 49
Views: 4765

Re: Why Not 5 years of Expenses in Fixed Income, Remainder in Equities?

Friends, I read an article by Jonathan Clements (October 2018) where he suggested a fixed income asset allocation determined by having 5 years worth of living expenses in fixed income such as short-term bonds/cash and the remainder in equities. He said a bear market rarely lasts over 5 years and if...
by haban01
Tue Feb 19, 2019 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Moved to new state/job 6M ago. Previous employer wants me back!
Replies: 57
Views: 5970

Re: Moved to new state/job 6M ago. Previous employer wants me back!

Reading through this thread, staying in TX with your new company sounds like a slam dunk to me. You got HCOL pay to work in a LCOL location that your family loves. You'll likely reach FI much faster in TX with a lot less stress than you ever would in CA. My choice would be to stay put and enjoy TX ...
by haban01
Mon Feb 18, 2019 5:38 pm
Forum: Investing - Theory, News & General
Topic: Do you look back and wish you were more aggressive?
Replies: 64
Views: 4890

Re: Do you look back and wish you were more aggressive?

Hindsight is always 20/20. People generally ask this after markets hit all time highs and get euphoric. :moneybag
by haban01
Sun Feb 17, 2019 9:08 pm
Forum: Investing - Theory, News & General
Topic: "STAY THE COURSE" by John C. Bogle -- A Gem
Replies: 27
Views: 5996

Re: "Stay The Course" -- Jack Bogle's last book -- A Gem

Thank Taylor! I will get a copy ordered! Looking forward to it. :happy
by haban01
Sun Feb 17, 2019 9:02 pm
Forum: Investing - Theory, News & General
Topic: Will wife’s social security affect my Roth conversions.
Replies: 38
Views: 4455

Re: Will wife’s social security affect my Roth conversions.

Celia thanks for your posts. I will see about building a copy of your spreadsheet. One question about it. What is the distribution period in column C? I also went through part of the thread on "small laws survivor". It was a lot of info. Answers to a couple of questions in the thread. My wife turns...
by haban01
Sun Feb 17, 2019 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Funding for an individual turning 65
Replies: 2
Views: 207

HSA Funding for an individual turning 65

BH, Check out Fidos website... https://www.fidelity.com/viewpoints/retirement/medicare-and-working-past-65 Does anyone have experience with actually funding an HSA and stopping contributions at 6 months from your Medicare start date. Fido says the IRS may penalize for excessive contributions. Suppos...
by haban01
Tue Feb 12, 2019 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: 2 years in community college, then transfer? need opinion please
Replies: 118
Views: 6522

Re: 2 years in community college, then transfer? need opinion please

I think you have an excellent plan. Here in WI we have one if the top tech college syestems (WTCS) in the USA. I know Texas is up there too. I woukd also encourage him to potentially look at internships, scholarships and grants.

Best of luck to him!
by haban01
Sat Feb 09, 2019 9:06 am
Forum: Personal Investments
Topic: Questions to ask my mothers AmeriPrise advisor about annuities
Replies: 4
Views: 490

Re: Questions to ask my mothers AmeriPrise advisor about annuities

The first place to start are the fees both fund and management fees. Put the screws to him and say your considering moving them to Vanguard.
by haban01
Sat Feb 09, 2019 8:56 am
Forum: Personal Investments
Topic: Whats better to hold, Roth dollars or Tax-deferred dollars ?
Replies: 84
Views: 6026

Re: Whats better to hold, Roth dollars or Tax-deferred dollars ?

After seeing the effects on an early accumulator vs. Someine going into retirement taking WD, RMDs, and the tax torpedo with SS, Id strive for a 50/50 split in Roth vs Traditional.
by haban01
Mon Apr 16, 2018 6:55 pm
Forum: Personal Consumer Issues
Topic: Allegiant Airlines...Anyone watch CBS 60 Minutes?
Replies: 55
Views: 8058

Re: Allegiant Airlines...Anyone watch CBS 60 Minutes?

I did see this segement last night. Very scary with piss poor management that discourages pilots from recording maintenance repairs and issues. I do not plan to every fly them. :greedy
by haban01
Sun Apr 15, 2018 4:55 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 251
Views: 43432

Re: Is there a such thing as a blue collar Boglehead?

35 years old, Bottling Line Operator for a microbrewery making $32,000 a year not counting optional overtime during our busy season. I tried taking classes at a community college (wanted to be a history teacher) and was an honor student...except for math. Gave up after failing Probably & Statistics...
by haban01
Sun Apr 15, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 251
Views: 43432

Re: Is there a such thing as a blue collar Boglehead?

I’m a blue collar Boglehead. Licensed electrician by trade, worked as an installer, electrical inspector and project manager. I love the last comment about "skilled trade" inside joke in the trades. I’m not sure people on this site realize the money you can make in the higher paid trades such as, E...
by haban01
Sat Apr 07, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 284
Views: 34699

Re: What is your AA, given your age? and, Why?

Mid 30's with a 75/25 Stock to Bond Ratio. US vs. Int split also about 70/30. Conservative at my age due to highly economically sensitive career and young family so to have options in case things go bad. Have steadily invested and increased the course through two Bear Markets.
by haban01
Wed Mar 28, 2018 4:46 pm
Forum: US Chapters
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 29868

Re: A lot of heavy hitters this morning

munemaker wrote:
Wed Mar 28, 2018 10:18 am
Jack FFR1846 wrote:
Wed Mar 28, 2018 10:14 am
On my lunchtime walk yesterday, I found a dime in the parking lot.
I went to Aldi's and some rich person left a quarter in the cart. I could have paid it forward but I pocketed it instead.
I had that happen on Sunday. I paid it forward to a little person too :)
by haban01
Mon Mar 19, 2018 7:53 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 84
Views: 14846

Re: Dave Ramsey spends two segments on his investing advice

Growth, Aggressive Growth, Growth and Income, and International. Lol :moneybag
by haban01
Sun Mar 04, 2018 10:09 am
Forum: Personal Investments
Topic: Low risk tax efficient short term investment - is it Wellesley
Replies: 13
Views: 1508

Re: Low risk tax efficient short term investment - is it Wellesley

Wellesley is NOT a low risk, tax efficient investment. Asset Allocation should be the main driver. How much in stocks vs. Bonds rather than throwing a fund name out there as recommendations. Great fund and AA with a longer term time frame as mentioned above. Could be huge tax issue as well dependin...
by haban01
Tue Feb 27, 2018 9:40 pm
Forum: Investing - Theory, News & General
Topic: AAPL, AMZN, or GOOG?
Replies: 95
Views: 11309

Re: AAPL, AMZN, or GOOG?

VTI

VTI

VTI

Skip the individual company risk.
by haban01
Tue Feb 27, 2018 9:38 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey over simplifying Roth vs. Traditional IRA?
Replies: 103
Views: 17001

Re: Dave Ramsey over simplifying Roth vs. Traditional IRA?

Roth vs. Trad is situational not a one-size fits all, the problem is Ramsey wants everything one-size fits all so it's easier for his radio show and personalities to be consistent with their advice. He says Roth is ALWAYS better unless you're already in your 60-70's where it won't matter much eithe...
by haban01
Sat Feb 24, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: To HSA or not?
Replies: 8
Views: 903

Re: To HSA or not?

Yes. You will blow up the $4500.00 deductible to start. What is the copay after that and then max out of pocket. Everything in healthcare is going up. If the premium is significantly less it may make sense if you then max out the HSA. The 500 deductible is almost unheard of today. I figure baby 2 is...
by haban01
Thu Feb 22, 2018 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Time for twins to go to daycare
Replies: 38
Views: 3351

Re: Time for twins to go to daycare

Congratulations on the twins!! Twice the fun. This may sound harsh. You have had nine months and how many months of maternity leave to prepare for daycare expenses and you are asking a week out how to afford it? I know certain couples do this, split housing expenses and bills amongst themselves but...
by haban01
Wed Feb 07, 2018 10:23 pm
Forum: Personal Investments
Topic: Investment Organization - 33 yo - need advice
Replies: 20
Views: 2580

Re: Investment Organization - 33 yo - need advice

Congratulations on getting started down a great path! The biggest decision to overcome in one of our Asset Allocation plan over all if your accounts. I prefer to keep Retirement as it's own AA and not lump in other unrelated goals. I would assume that the My Retirement Fund 2050 is a lifestage fund ...
by haban01
Mon Feb 05, 2018 8:02 pm
Forum: Investing - Theory, News & General
Topic: The Money Show - Coming to a Town near you
Replies: 13
Views: 1962

Re: The Money Show - Coming to a Town near you

Years ago, when Jack Bogle was the keynote speaker at the Money Show in Orlando, the Money Show folks invited us to have our Bogleheads group attend. Since it was on rather short notice, we made it an "unofficial" Bogleheads Conference, and thus isn't included in the official Bogleheads Conference ...
by haban01
Thu Feb 01, 2018 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Updates...
Replies: 16
Views: 3074

Re: Social Security Updates...

Excellent feedback from all :). I will pass it along!
by haban01
Wed Jan 31, 2018 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Updates...
Replies: 16
Views: 3074

Re: Social Security Updates...

Yes it was regarding their website and couldn't find any answer.
by haban01
Wed Jan 31, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Make $90k, pay no Federal Income Tax in 2018? Check / critique this scenario.
Replies: 76
Views: 15164

Re: Make $90k, pay no Federal Income Tax in 2018? Check / critique this scenario.

Great posts and comments everyone. This year we will be going from one to 2 children so that would change our scenario too. That was the first thing that crossed my mind and was corrected and verified above is that you need to have that tax due to recieve the credit. Lets say someone would loosr out...
by haban01
Wed Jan 31, 2018 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Updates...
Replies: 16
Views: 3074

Social Security Updates...

I had a friend of mine asking about delaying benefits from the earliest date 62 to say 67 FRA. They asked if they update the benefit amount each month after 62. I did a search and came up empty handed so I turned to our group. :mrgreen:
by haban01
Tue Jan 30, 2018 8:26 pm
Forum: Investing - Theory, News & General
Topic: Wow: Shiller PE is 34.52
Replies: 52
Views: 7805

Re: Wow: Shiller PE is 34.52

I had on moneytalk with Bob Brinker over the weekend. He thinks Shillers methodology is completely flawed using the 10 year average. In the end someone will be right, we just don't know who :)...
by haban01
Tue Jan 30, 2018 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: How much have kids added to your personal finance/expenses?
Replies: 111
Views: 11309

Re: How much have kids added to your personal finance/expenses?

Throughout our child's life (getting close to three years now), she has added an average of about $200 monthly. My wife stays home with her, so we avoid all childcare expenses entirely, it only cost us about $20 more to add her to our health insurance, she doesn't eat much more, and diapers aren't ...
by haban01
Sat Jan 27, 2018 10:18 pm
Forum: Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 9003

Re: Your bond allocation when you were 48

Not to hijack this thread. What are your thoughts on 86/14% for a 37-year-old? Too conservative? Will you get a pension? How much social security can you expect (assuming you can expect it)? What is the size of your overall portfolio and what do you expect your expenses to be in retirement? When do...
by haban01
Sat Jan 27, 2018 10:12 pm
Forum: Personal Investments
Topic: Have Enough, Should I now time market?
Replies: 31
Views: 4846

Re: Have Enough, Should I now time market?

There is a good reason why Vanguard Target Retirement Income Fund is 30% Stocks and 70% Bonds going into Retirement. Ability, Willingness and Need to take risk should be factored in.
by haban01
Sat Jan 27, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage with Roth IRA?
Replies: 23
Views: 2790

Re: Pay off mortgage with Roth IRA?

As much as youd love to have it squashed, I would recommend keeping 23k in the bond side so that you always have the option. I feel the same way you do. But I know that interest drag is so small. By prepaying as you are you will have it gone in a few years anyways. Id be more concerned about having ...
by haban01
Sat Jan 27, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: I don't think my lady is very good at saving money, how do I handle?
Replies: 50
Views: 4363

Re: I don't think my lady is very good at saving money, how do I handle?

Mr.Wu wrote:
Sat Jan 27, 2018 5:25 pm
Let her watch Dave Ramsey’ show. I disagree with many, if not most of his opinions but he surely excels at one thing: bashing people not living under their means.
AMEN!
by haban01
Thu Jan 25, 2018 5:53 pm
Forum: US Chapters
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 7104

Re: Happy Birthday, Taylor!

Happy Birthday Taylor! :sharebeer
by haban01
Wed Jan 24, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 11399

Re: Working in the real world

I think you are more of the average normal American in rural midwest where cost of living is more reasonable. Many on the forum are high end professionals living in high cost of living areas. Machinist and skilled trades so I can relate to you. Give all of your education and experience your figures ...
by haban01
Wed Jan 24, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: Question on Vanguard HSA PDF
Replies: 5
Views: 596

Re: Question on Vanguard HSA PDF

The reason is that when you contribute to an HSA through your employer is comes out before FICA taxes so it will reduce the amount shown as SS wages.

A better way is to contribute net money and tax the deduction at year end. :moneybag
by haban01
Sun Apr 17, 2016 3:09 pm
Forum: Personal Investments
Topic: Just got married wife has a annuity please help
Replies: 7
Views: 1505

Re: Just got married wife has a annuity please help

I like the idea of moving it to Vanguard to reduce internal expenses. So in theory you could reduce it by 40% to avoid fees and then move the remainder over. Too bad she got taken! :annoyed
by haban01
Sun Apr 17, 2016 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: When was the most stressful financial time in your life?
Replies: 142
Views: 22802

Re: When was the most stressful financial time in your life?

Transitioning from being a SWM Boglehead to Married with family and the costs and risks that comes with it. Healthcare is out if control.
by haban01
Sun Apr 17, 2016 2:44 pm
Forum: Investing - Theory, News & General
Topic: "Bogle's Folly"
Replies: 30
Views: 7724

Re: "Bogle's Folly"

A few BH reunions ago Gus Sauter talked about the correlations of many Vanguard managed funds vs the indexed equivalent. If my memory serves me correctly Wellington was about 95% correlated to the index. So the manager adding value was not that great.
by haban01
Sun Apr 17, 2016 2:33 pm
Forum: Personal Investments
Topic: Aunt has been investing in collectibles for retirement
Replies: 13
Views: 2661

Re: Aunt has been investing in collectibles for retirement

E Bay is full of fees, shipping, etc. I would try to talk her into a conservative balanced fund with the proceeds!
by haban01
Tue Sep 09, 2014 10:26 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 54708

Re: "Why 97% of People Don't Use 529 College Savings Plans."

529s are a tax break for the rich. The poor get grants and need-based scholarships. The middle class gets some tax credits/deductions. That's why 97% of people don't use a 529. Only the 3% who are rich or plan to become that way use them. If you're not putting away >$2K per year for your kids to go...
by haban01
Sun Aug 31, 2014 11:47 pm
Forum: Personal Investments
Topic: Bonds for young(er) people
Replies: 10
Views: 1480

Re: Bonds for young(er) people

Good Evening, As being a similar age to you, I would like you to focus on the "bit" of bonds as an Asset Allocation question rather than what your breakdown is between say the TIPs, Int BND or TBM. May we ask what your AA is? If you have say an 70% Stock and 30% Bond Allocation and your bond allocat...