Id load the 401K with fixed income: 50% DODIX and 50% American Funds Bond Fund and go 100% Roth in Stock.SunRainSnow wrote: ↑Fri Jan 01, 2021 10:57 am American Funds - U.S. Government Securities Fund - ER of 0.38%
Dodge & Cox Income Fund - ER of 0.42%
T. Rowe Price Corporate Income Fund - ER of 0.61%
So given the low returns on bonds I'm thinking it might be reasonable to offset the Roth switch in my taxable with BND (~$150K) as opposed to using the funds below in my 401k. This gives us the added benefit of having some fixed income in our taxable if we need to access it in the future and can't do so in our tax advantaged in the future (do to overseas relocation mentioned in the thread earlier). Anyone see any issue with this?
Search found 671 matches
- Fri Jan 01, 2021 8:37 pm
- Forum: Personal Investments
- Topic: Worried we may have won the game - now what!?
- Replies: 63
- Views: 10499
Re: Worried we may have won the game - now what!?
- Fri Jan 01, 2021 12:22 pm
- Forum: Investing - Theory, News & General
- Topic: Official Registration For The 2021 Boglehead Contest
- Replies: 664
- Views: 34570
- Fri Jan 01, 2021 12:22 pm
- Forum: Investing - Theory, News & General
- Topic: Official Registration For The 2021 Boglehead Contest
- Replies: 664
- Views: 34570
- Fri Jan 01, 2021 7:26 am
- Forum: Personal Investments
- Topic: Worried we may have won the game - now what!?
- Replies: 63
- Views: 10499
Re: Worried we may have won the game - now what!?
LS moderate Growth gas a nice chunk of Total International. It could easily be combined with Balanced Index to round out your portfolio. Target Retirement Funds may be a good option if you want a hands off glidepath down. The plus side of the balanced funds is automatic rebalancing!!
I can understand the fellings of which one would work. It woukd be a more palatable decision if you were 10 yrs older with regards to health care. Have you cobsidering going HDHP and fund HSA??
I can understand the fellings of which one would work. It woukd be a more palatable decision if you were 10 yrs older with regards to health care. Have you cobsidering going HDHP and fund HSA??
- Fri Jan 01, 2021 7:08 am
- Forum: Personal Investments
- Topic: Worried we may have won the game - now what!?
- Replies: 63
- Views: 10499
Re: Worried we may have won the game - now what!?
Congratulations!! I'd urge you to consider atleast 10-20% allocation to international. Remember we need to look at the future not the past. The cost of medical and healthcare gap to medicare is huge! Why not have one work to maintain group coverage? How did you feel with the market drop in March? I do not see any pension or other income streams mentioned.... Looks like about 2.5M total 60/40. I think working 5 more years would provide a higher margin of safety. Bond yields are negative and US markets at high valuations. Have you looked at SS projections? Stopping this early will affect the 62/ FRA benefits too. Tax Managed Balanced is a great 50.50 fund. However you may be in a significantly lower bracket in retirement due to no earned inco...
- Fri Jan 01, 2021 6:58 am
- Forum: Personal Investments
- Topic: Did I Screw Up Rolling My IRA Into A Roth IRA?
- Replies: 9
- Views: 1460
Re: Did I Screw Up Rolling My IRA Into A Roth IRA?
I've seen many comments about trouble with conversions and Vanguard recommending it be submitted by 12/30 at 4pm to be processed on the last day of the year.
There is really no good reason to wait until the last day. Give yourself a week buffer
There is really no good reason to wait until the last day. Give yourself a week buffer
- Wed Mar 06, 2019 8:09 pm
- Forum: Personal Investments
- Topic: WRS Additional Contributions
- Replies: 31
- Views: 2160
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 and SS can not exceed 80% of prior income.
I would trust WRS to manage it in a way that will be a much more lucrative way than most options out there.
More snow on the way.
Will your SS be throttled back at 70. I thought that between the pension and SS can not exceed 80% of prior income.
I would trust WRS to manage it in a way that will be a much more lucrative way than most options out there.
More snow on the way.
- Wed Mar 06, 2019 5:37 am
- Forum: Investing - Theory, News & General
- Topic: " Vanguard doesn’t bare its finances. Should investors care?"
- Replies: 25
- Views: 2966
- Fri Mar 01, 2019 8:11 pm
- Forum: Personal Investments
- Topic: What did wise people do with their investments in 2008
- Replies: 101
- Views: 10497
Re: What did wise people do with their investments in 2008
Nothing or buy more....
- Fri Mar 01, 2019 8:10 pm
- Forum: Personal Finance (Not Investing)
- Topic: Advice at 60
- Replies: 52
- Views: 5657
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 think you need to lay out a path to 65 (Medicare) and SS at 67 or 70. I would not pay off the mortgage because you need your savings and investments to carry you through the next few years. Downsizing the house might help give you more resources and lower spending (no payment, lower taxes, etc). I'm not sure I would be playing in crypto currencies in your scenario, but it is a pretty small amount. How about liquidating and upgrading one car with th...
- Fri Mar 01, 2019 8:02 pm
- Forum: Personal Consumer Issues
- Topic: A Cobalt Boat
- Replies: 43
- Views: 4982
Re: A Cobalt Boat
Big Boat = No
- Fri Mar 01, 2019 8:00 pm
- Forum: Investing - Theory, News & General
- Topic: At what rate should an investor borrow to fund a Roth account?
- Replies: 18
- Views: 2148
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..
- Fri Mar 01, 2019 7:58 pm
- Forum: Personal Investments
- Topic: How would you protect your 401k prior to a recession
- Replies: 14
- Views: 1831
- Wed Feb 27, 2019 9:15 pm
- Forum: Personal Finance (Not Investing)
- Topic: Can I Retire in July 2019?
- Replies: 30
- Views: 6148
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 sake of this planning exercise I took the employee medical as my default. My spending target is flexible. I looked at my spending for the past two years and found it to be about 75K each year, but relocating from a high COL location to a lower COL location will save me about 18-20K annually in rent and parking alone (currently 41K annually) which would bring it down to about 56K. I intend to move immediately after retiring as my family is in the low...
- Fri Feb 22, 2019 8:10 pm
- Forum: Personal Investments
- Topic: Why Not 5 years of Expenses in Fixed Income, Remainder in Equities?
- Replies: 49
- Views: 5706
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 you followed this recommendation you should be able to withstand the market downturns and have a good return on your equities over the long term. Your though https://humbledollar.com/2018/10/warning-shot/ Thanks, Gort This is not unreasonable. If you are the proponent of 25x or 4% withdrawal rates that means keeping 5 years of expenses in low risk holdings is no different than 80/20 portfolio. Plenty of people retire with that asset allocation. ...
- Tue Feb 19, 2019 7:41 pm
- Forum: Personal Finance (Not Investing)
- Topic: Moved to new state/job 6M ago. Previous employer wants me back!
- Replies: 57
- Views: 6966
Re: Moved to new state/job 6M ago. Previous employer wants me back!
Could not of said it better than Mel!!!Mel Lindauer wrote: ↑Tue Feb 19, 2019 7:29 pm 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 living.
- Mon Feb 18, 2019 4:38 pm
- Forum: Investing - Theory, News & General
- Topic: Do you look back and wish you were more aggressive?
- Replies: 64
- Views: 5590
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.
- Sun Feb 17, 2019 8:08 pm
- Forum: Investing - Theory, News & General
- Topic: "STAY THE COURSE" by John C. Bogle -- A Gem
- Replies: 57
- Views: 10380
Re: "Stay The Course" -- Jack Bogle's last book -- A Gem
Thank Taylor! I will get a copy ordered! Looking forward to it.
- Sun Feb 17, 2019 8:02 pm
- Forum: Investing - Theory, News & General
- Topic: Will wife’s social security affect my Roth conversions.
- Replies: 38
- Views: 5112
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 62 at the end of April. I will be 61 at the end of July. My wife stopped "working" when we got married to take care of the kids. We were both single parents. So she will get more SS by taking half of mine at my FRA or when I start it. I do not have a million in my 401K. It is 850K. I have 250K in taxable though. I plan on pulling off the taxable to supplement my pension and use the 401k for Roth funding. Yes my company had a ...
- Sun Feb 17, 2019 7:53 pm
- Forum: Personal Finance (Not Investing)
- Topic: HSA Funding for an individual turning 65
- Replies: 2
- Views: 289
HSA Funding for an individual turning 65
BH,
Check out Fidos website...
https://www.fidelity.com/viewpoints/ret ... ng-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. Supposedly they consider you eligible for benefits 6 months before. I have a hard time understanding how this makes sense.
Check out Fidos website...
https://www.fidelity.com/viewpoints/ret ... ng-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. Supposedly they consider you eligible for benefits 6 months before. I have a hard time understanding how this makes sense.
- Tue Feb 12, 2019 6:51 pm
- Forum: Personal Finance (Not Investing)
- Topic: 2 years in community college, then transfer? need opinion please
- Replies: 118
- Views: 8897
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!
Best of luck to him!
- Sat Feb 09, 2019 8:06 am
- Forum: Personal Investments
- Topic: Questions to ask my mothers AmeriPrise advisor about annuities
- Replies: 4
- Views: 902
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.
- Sat Feb 09, 2019 7:56 am
- Forum: Personal Investments
- Topic: Whats better to hold, Roth dollars or Tax-deferred dollars ?
- Replies: 84
- Views: 7844
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.
- Mon Apr 16, 2018 6:55 pm
- Forum: Personal Consumer Issues
- Topic: Allegiant Airlines...Anyone watch CBS 60 Minutes?
- Replies: 55
- Views: 16193
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.
- Sun Apr 15, 2018 4:55 pm
- Forum: Investing - Theory, News & General
- Topic: Is there a such thing as a blue collar Boglehead?
- Replies: 289
- Views: 58904
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. I started investing 6% of my income a decade ago when I made $9.25/hr as a cook. It wasn't until 5 years ago when I learned the importance of Investing at least 12% of my income (thank you Edward Jones for never teaching me that) and enrolled in my 401k (They match 25% of the 6% maximum I contribute, and the full profit sharing contributes 7.5% of my income for the previous year. Our 401k options include some great Vanguard funds. We also h...
- Sun Apr 15, 2018 4:33 pm
- Forum: Investing - Theory, News & General
- Topic: Is there a such thing as a blue collar Boglehead?
- Replies: 289
- Views: 58904
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, Elevator Mechanic, Plumber, Electrcian, Sheet Metal or Pipe Fitter. As for learning how to invest, most of what I learned was from my mother who was a waitress. My parents were the classic millionaires next door. Very well stated. As a person in the skilled trades serving on state and local advisory boards and hiring Youth Apprentices, We do not have enough young men and woman going into any of the skilled trades. Many institutions keep ...
- 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: 43554
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.
- Wed Mar 28, 2018 4:46 pm
- Forum: US Chapters
- Topic: A lot of heavy hitters this morning
- Replies: 244
- Views: 35091
Re: A lot of heavy hitters this morning
I had that happen on Sunday. I paid it forward to a little person toomunemaker wrote: ↑Wed Mar 28, 2018 10:18 amI 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.Jack FFR1846 wrote: ↑Wed Mar 28, 2018 10:14 am On my lunchtime walk yesterday, I found a dime in the parking lot.
- 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: 16169
Re: Dave Ramsey spends two segments on his investing advice
Growth, Aggressive Growth, Growth and Income, and International. Lol
- Sun Mar 04, 2018 9:09 am
- Forum: Personal Investments
- Topic: Low risk tax efficient short term investment - is it Wellesley
- Replies: 13
- Views: 1812
Re: Low risk tax efficient short term investment - is it Wellesley
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 depending on brackets.
- Tue Feb 27, 2018 8:40 pm
- Forum: Investing - Theory, News & General
- Topic: AAPL, AMZN, or GOOG?
- Replies: 95
- Views: 12665
Re: AAPL, AMZN, or GOOG?
VTI
VTI
VTI
Skip the individual company risk.
VTI
VTI
Skip the individual company risk.
- Tue Feb 27, 2018 8:38 pm
- Forum: Investing - Theory, News & General
- Topic: Dave Ramsey over simplifying Roth vs. Traditional IRA?
- Replies: 103
- Views: 18981
Re: Dave Ramsey over simplifying Roth vs. Traditional IRA?
I was listening the other day and he talked about in 30 years that your contributions will only be about 5% of the total value.... I was laughing.....BW1985 wrote: ↑Fri Aug 05, 2016 9:13 am 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 either way. He never takes into account people's tax's brackets now vs. expected tax bracket at retirement, or the opportunity cost of the money spent in taxes upfront- what if that money was invested? He doesn't want to get into that level of detail, that's why Jill on Money is a much better show.
- Sat Feb 24, 2018 8:23 am
- Forum: Investing - Theory, News & General
- Topic: Buffett's Shareholder Letter [2017]
- Replies: 47
- Views: 6238
- Sat Feb 24, 2018 8:21 am
- Forum: Personal Finance (Not Investing)
- Topic: To HSA or not?
- Replies: 8
- Views: 1025
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 going to be about 7k. 5400 deductible (2709 embedded x 2) and then a 10-20% copay after. Max OP is 13k.
- Thu Feb 22, 2018 6:42 pm
- Forum: Personal Finance (Not Investing)
- Topic: Time for twins to go to daycare
- Replies: 38
- Views: 3928
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 I never really understood how that works. We have a joint account that we both contribute to pay for household expenses. I am the one however that pays all the bills from that account. Are your salaries equal? Is that why you are splitting the twins? If you can’t find money in your budget to pay this, can your spouse swing the $1000. In general the higher earning spouse would take the bulk of the expenses in a manner proportional to the salaries...
- Wed Feb 07, 2018 9:23 pm
- Forum: Personal Investments
- Topic: Investment Organization - 33 yo - need advice
- Replies: 20
- Views: 2923
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 that it almost all equities. Jack Bogle suggests using your age in bonds as a starting point. Let's say that you have 200K in Retirement. If that turned into 100k in 6 months how would you feel? I'd sell the Walmart stock as long as it is a LTCG. I would recommend picking up a copy of the Bogleheads' book and start there. That is a large fund of cash. Why not pay off the car? Maybe consider doing a non deductible IRA and then converting into a Ro...
- Mon Feb 05, 2018 7:02 pm
- Forum: Investing - Theory, News & General
- Topic: The Money Show - Coming to a Town near you
- Replies: 13
- Views: 2228
Re: The Money Show - Coming to a Town near you
Mel. That was an amazing night for myself and Adrian Nenu back in 2005 .Mel Lindauer wrote: ↑Wed Jan 24, 2018 1:01 pm 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 count (#17 later this year).
About 20 or so of us attended and then got together with Jack for a private dinner/meeting after his speech.
- Thu Feb 01, 2018 8:41 pm
- Forum: Personal Finance (Not Investing)
- Topic: Social Security Updates...
- Replies: 16
- Views: 3422
Re: Social Security Updates...
Excellent feedback from all . I will pass it along!
- Wed Jan 31, 2018 7:49 pm
- Forum: Personal Finance (Not Investing)
- Topic: Social Security Updates...
- Replies: 16
- Views: 3422
Re: Social Security Updates...
Yes it was regarding their website and couldn't find any answer.
- Wed Jan 31, 2018 7:34 pm
- Forum: Personal Finance (Not Investing)
- Topic: Make $90k, pay no Federal Income Tax in 2018? Check / critique this scenario.
- Replies: 76
- Views: 16844
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 on part of a CTC couldnt they do some converting of IRA dollars to trigger a higher tax bill and tax full advantage of the CTC...?
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 on part of a CTC couldnt they do some converting of IRA dollars to trigger a higher tax bill and tax full advantage of the CTC...?
- Wed Jan 31, 2018 7:28 pm
- Forum: Personal Finance (Not Investing)
- Topic: Social Security Updates...
- Replies: 16
- Views: 3422
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.
- Tue Jan 30, 2018 7:26 pm
- Forum: Investing - Theory, News & General
- Topic: Wow: Shiller PE is 34.52
- Replies: 52
- Views: 8903
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 ...
- Tue Jan 30, 2018 7:23 pm
- Forum: Personal Finance (Not Investing)
- Topic: How much have kids added to your personal finance/expenses?
- Replies: 111
- Views: 13190
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 that expensive. We've churned credit cards for points and miles, so she hasn't added much to our travel costs yet. If you can avoid childcare expenses, healthy kids can be surprisingly cheap. We have many friends who spend even less per child than we do, and their all doing perfectly fine. I think this is the most reasonable post I've seen so far that I can relate too without child care. We have a great education system in WI so there is no need ...
- Sat Jan 27, 2018 9:18 pm
- Forum: Personal Investments
- Topic: Your bond allocation when you were 48
- Replies: 125
- Views: 11742
Re: Your bond allocation when you were 48
Sometimes we should also ask how many years have we been investing. This will be help decipher if you have went through a full market cycle. Someone at 30 or 40 just starting could be extremely different if they already had 10 or 20 years accumulated.TwstdSista wrote: ↑Fri Jan 26, 2018 2:43 amWill 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 you expect to retire?gobigorgohome wrote: ↑Fri Jan 26, 2018 2:33 am Not to hijack this thread. What are your thoughts on 86/14% for a 37-year-old? Too conservative?
It's hard to answer that question in a vacuum. Personally, we were 80/20 - 75/25 in our 30's.
fwiw. I'm in the Mid 30's with a 70/30 split.
- Sat Jan 27, 2018 9:12 pm
- Forum: Personal Investments
- Topic: Have Enough, Should I now time market?
- Replies: 36
- Views: 7531
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.
- Sat Jan 27, 2018 9:04 pm
- Forum: Personal Finance (Not Investing)
- Topic: Pay off mortgage with Roth IRA?
- Replies: 23
- Views: 3609
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 adequate emergency reserves, HSA medical and mitigating other shorter term needs. Your doing a great job!
- Sat Jan 27, 2018 8:54 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: 5018
- Thu Jan 25, 2018 4:53 pm
- Forum: US Chapters
- Topic: Happy Birthday, Taylor!
- Replies: 84
- Views: 9115
Re: Happy Birthday, Taylor!
Happy Birthday Taylor!
- Wed Jan 24, 2018 5:06 pm
- Forum: Personal Finance (Not Investing)
- Topic: Working in the real world
- Replies: 118
- Views: 13300
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 seem skewed low. Manfacturing as you know is highly cyclical and we don't have the stability compared to many tenured professors or other non economic sectors. This is also reflective in my rather conservative AA vs my age.
My Grandma use to say that it's not what you earn but what you keep that matters!
Machinist and skilled trades so I can relate to you. Give all of your education and experience your figures seem skewed low. Manfacturing as you know is highly cyclical and we don't have the stability compared to many tenured professors or other non economic sectors. This is also reflective in my rather conservative AA vs my age.
My Grandma use to say that it's not what you earn but what you keep that matters!
- Wed Jan 24, 2018 4:49 pm
- Forum: Investing - Theory, News & General
- Topic: Question on Vanguard HSA PDF
- Replies: 5
- Views: 721
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.
A better way is to contribute net money and tax the deduction at year end.