Search found 114 matches

by peseta
Thu Nov 21, 2019 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Equal Inheritance for Children
Replies: 109
Views: 10028

Re: Equal Inheritance for Children

As others have observed, once you begin making "advance bequests," there's no easy way to guarantee ensure "evening-up" in the future estate. Here's an example. Relative sold her house to move into an in-law suite in child's new house, and the sale proceeds put down a lot of the down payment. Will s...
by peseta
Fri Nov 15, 2019 12:33 pm
Forum: Personal Consumer Issues
Topic: Bigger car for baby?
Replies: 62
Views: 2761

Re: Bigger car for baby?

And for those asking, I'm 38, have a professional career that earns ~$400K per year and am a millionaire. $30K really isn't very much money for a car for us--I would be paying cash--no new debt. I didn't say that because others might say "well then it seems like you can afford it so go ahead" but I...
by peseta
Fri Nov 15, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: Is the FIRE Movement Responsible for this Historic Bull Market Run
Replies: 76
Views: 6370

Re: Is the FIRE Movement Responsible for this Historic Bull Market Run

What's funny is that the answer may be "yes" to the question if it's flipped around: "Is this historic bull market run responsible for the FIRE movement?"

:happy
by peseta
Tue Nov 12, 2019 9:35 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3433

Re: What’s in your TSP?

100% L2040. We mirror it with similar target funds in other accounts. Keep it simple.
by peseta
Mon Nov 04, 2019 12:27 pm
Forum: Personal Consumer Issues
Topic: Cell phone service
Replies: 21
Views: 1714

Re: Cell phone service

I tried Visible and am not a fan. Way too much data depriortization. I live in the DC area, where most government phones use Verizon, so your experience may be different in another city. The good news is that they were giving away a $100 gift card to try 2 months' service, so it wasn't a total loss....
by peseta
Mon Nov 04, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should Chinese wife keep her China Citizenship?
Replies: 15
Views: 1752

Re: Should Chinese wife keep her China Citizenship?

I wouldn't rely on the advice on this board to make a decision (talk to a good immigration attorney!), and I know just enough to be dangerous on this issue (a bit of related family experience), but . . . I would not give up an opportunity for a Chinese national LPR to get a blue passport, especially...
by peseta
Mon Nov 04, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: Upcoming Nov. "Bogleheads on Investing" podcast guest is Eric Balchunas
Replies: 12
Views: 1127

Re: Upcoming Nov. "Bogleheads on Investing" podcast guest is Eric Balchunas

Thanks, Rick. One suggestion: Why did target-date ETFs die, and will they ever come back (especially in light of the fact that target-date mutual funds tend to have higher expense ratios than the component funds "inside" do)?

peseta
by peseta
Sun Nov 03, 2019 9:13 pm
Forum: Personal Investments
Topic: Is there a typical age (or years until retirement) where Roth IRA stops making sense vs pre-tax (401k)?
Replies: 17
Views: 2410

Re: Is there a typical age (or years until retirement) where Roth IRA stops making sense vs pre-tax (401k)?

You hear "experts" say from time to time that you should do Roth when young, and traditional when old. That's incomplete at best. As Ben Mathew points out, the math doesn't change the older you get. Folks say this probably as an oversimplification: the older you are, the more money you are likely to...
by peseta
Wed Oct 16, 2019 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?
Replies: 72
Views: 5347

Re: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?

This thread is interesting to read in light of the frequent "should I pay down my mortgage" threads on this board, and the famous (and oft-quoted here) Dave Ramsey turning-it-on-its-head responsive question, "Would you borrow money at [mortgage rate]% to invest in the stock market?"

peseta
by peseta
Tue Oct 15, 2019 8:54 pm
Forum: Personal Investments
Topic: Retirement Portfolio Help (ROTH with Vanguard and TSP)
Replies: 9
Views: 827

Re: Retirement Portfolio Help (ROTH with Vanguard and TSP)

Not sure why you have money in the L2050 and in other funds. The lifecycle funds are target funds and the idea is to put everything in the fund, otherwise it defeats the purpose. As a fellow fed, I do things a bit differently. I have all my family's funds in either the applicable workplace lifecycle...
by peseta
Sat Oct 05, 2019 8:25 pm
Forum: Personal Consumer Issues
Topic: Fidelity 2FA with google voice not working
Replies: 15
Views: 1534

Re: Fidelity 2FA with google voice not working

The irony is that a 2FA text sent to a Google Voice number is probably safer than one sent to a regular mobile number. GV numbers may be better-protected from SIM swap scams:

https://www.fastcompany.com/90349705/ho ... -much-more

peseta
by peseta
Sat Oct 05, 2019 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: What Benefits to Expect for new Fed employee?
Replies: 72
Views: 5312

Re: What Benefits to Expect for new Fed employee?

Matigas wrote:
Fri Oct 04, 2019 9:58 pm
Expect to be rewarded for mediocrity.
Not every agency or mission fits your blunt stereotype. The one I work for does not.

peseta
by peseta
Sat Oct 05, 2019 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Fed Employee Disability Ins.?
Replies: 22
Views: 1144

Re: Fed Employee Disability Ins.?

tj wrote:
Fri Oct 04, 2019 9:26 pm
Which disability insurance company do you use?
Berkshire/Guardian. In my case, the premiums offered by various companies were real close, so I went with the one with the best reputation (so I hear).

peseta
by peseta
Fri Oct 04, 2019 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Fed Employee Disability Ins.?
Replies: 22
Views: 1144

Re: Fed Employee Disability Ins.?

Your link was helpful, thank you. I don’t fully understand the calculation of 40% of high 3 less 60% SSDI. Keeping things round, if my salary is $100k, then I will get $40k from FERS less 60% of SSDI. So if I wouldn’t receive any SSDI, then I’d still receive $40k, am I right? If a person doesn’t qu...
by peseta
Fri Oct 04, 2019 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Fed Employee Disability Ins.?
Replies: 22
Views: 1144

Re: Fed Employee Disability Ins.?

(Sorry for thread-jacking. I tried PM'ing Peseta but it didn't work for some reason. Peseta, feel free to PM me. Thanks!) Sent you a PM. Also, I think the White Coat Investor's general guide to disability is the best I've seen out there: https://www.whitecoatinvestor.com/what-you-need-to-know-about...
by peseta
Fri Oct 04, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Public Service Loan Forgiveness - Non Profit employees
Replies: 36
Views: 1840

Re: Public Service Loan Forgiveness - Non Profit employees

As campy points out above, if your income is too high, your payment will be set so high in the program that your loans would get paid off before the 10-year mark. This is not true under the income based repayment plan. If you income is too high you will be billed under the standard 10 year payment ...
by peseta
Fri Oct 04, 2019 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Public Service Loan Forgiveness - Non Profit employees
Replies: 36
Views: 1840

Re: Public Service Loan Forgiveness - Non Profit employees

As campy points out above, if your income is too high, your payment will be set so high in the program that your loans would get paid off before the 10-year mark. Assuming this isn't the case, one strategy that I've heard the White Coat Investor and others suggest is to first figure out how much you...
by peseta
Fri Oct 04, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Fed Employee Disability Ins.?
Replies: 22
Views: 1144

Re: Fed Employee Disability Ins.?

I posted a question related to this topic recently: https://www.bogleheads.org/forum/viewtopic.php?t=290177 FWIW, I think the FERS benefit is inadequate, especially if you are a GS-14 or 15 and/or the primary breadwinner in your household. Long-term, feds give you 40% of high-3 minus 60% of SSDI (wh...
by peseta
Wed Sep 11, 2019 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Federal employee disability worth it? (redux)
Replies: 3
Views: 588

Re: Federal employee disability worth it? (redux)

Thanks for the very helpful replies. I decided to shop this in the private marketplace and I can indeed shave a few hundred dollars off the premium, plus that amount wouldn't get reduced by FERS or SSDI. I will probably go in that direction. My quotes have a 365-day waiting period because of my bank...
by peseta
Tue Sep 10, 2019 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Federal employee disability worth it? (redux)
Replies: 3
Views: 588

Federal employee disability worth it? (redux)

I'm a federal employee that has had a supplemental disability policy. I just found out that the insurer wants to almost double my premiums because I am in a new "age band." I checked other insurers that offer similar products and they all seem to offer similar pricing to these new rates (about $1300...
by peseta
Thu Sep 05, 2019 6:04 am
Forum: Personal Finance (Not Investing)
Topic: Federal Employees Group Life Insurance Basic Policy After Retirement
Replies: 18
Views: 971

Re: Federal Employees Group Life Insurance Basic Policy After Retirement

FEGLI is over priced. I keep only the lowest amount offered. WAEPA is absolutely the best option for federal employees. Plus every year I've gotten a significant rebate check. Check it out and save some money. Agree that FEGLI is very overpriced. When I shopped insurance a few years ago, WAEPA was ...
by peseta
Wed Sep 04, 2019 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Employees Group Life Insurance Basic Policy After Retirement
Replies: 18
Views: 971

Re: Federal Employees Group Life Insurance Basic Policy After Retirement

FEGLI is over priced. I keep only the lowest amount offered. WAEPA is absolutely the best option for federal employees. Plus every year I've gotten a significant rebate check. Check it out and save some money. Agree that FEGLI is very overpriced. When I shopped insurance a few years ago, WAEPA was ...
by peseta
Thu Aug 01, 2019 8:12 pm
Forum: Investing - Theory, News & General
Topic: "Five Portfolio Lessons From Target Date Funds"
Replies: 10
Views: 1443

Re: "Five Portfolio Lessons From Target Date Funds"

How does the TSP Lifecycle Fund rate compared to VG Target Date Funds? Would you make any adjustments/tilts to the L-Fund, or is a 3 Fund portfolio in the TSP more comparable to a Target Date Fund than the L-Fund? I used to devote a lot of energy trying to “replicate” my TSP allocation in my Vangua...
by peseta
Tue Jul 30, 2019 1:20 am
Forum: Personal Finance (Not Investing)
Topic: FEGLI or Private Life Insurance?
Replies: 30
Views: 1503

Re: FEGLI or Private Life Insurance?

I looked into this a few years ago when buying insurance prior to the arrival of our first child (I am fortunate to be in good health like you). Life insurance purchased in the marketplace (10x income) was cheaper, *by a factor of about three*. As others suggest, I think many feds don't realize just...
by peseta
Sun Jul 07, 2019 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Any Reason not to Go 100% Roth 401K?
Replies: 17
Views: 2391

Re: Any Reason not to Go 100% Roth 401K?

As a fellow fed, I thought I’d point you to this, as there’s some wisdom here:

https://thefinancebuff.com/most-tsp-par ... h-tsp.html

peseta
by peseta
Mon Jul 01, 2019 8:26 pm
Forum: Personal Consumer Issues
Topic: Frontier or Spirit Airlines
Replies: 63
Views: 7108

Re: Frontier or Spirit Airlines

Seat pitch is below most other airlines as well, meaning you will feel the squeeze. This can't be emphasized enough. Think of the last time you flew on United or American (not in economy plus or main cabin extra). Felt pretty cramped, right? Now take away another 2-3 inches of leg room. That's Spir...
by peseta
Wed Jun 26, 2019 11:18 am
Forum: Investing - Theory, News & General
Topic: Ric Edelman's view on the stock market
Replies: 27
Views: 4369

Re: Ric Edelman's view on the stock market

Here is a link to Ric Edelman's show (6/23) where he provides some interesting information on stock market behavior. This might give newer investors a better perspective on investing for the long run. Start at ~1:22:40 listen until 1:13, a total of about 10 minutes. http://www.wlsam.com/ric-edelman...
by peseta
Tue Jun 18, 2019 8:34 pm
Forum: Personal Consumer Issues
Topic: Can I get the new customer rate from Verizon Fios? Or should I switch to Spectrum?
Replies: 43
Views: 3693

Re: Can I get the new customer rate from Verizon Fios? Or should I switch to Spectrum?

The good news is that these shenanigans will end in a few years tops once 5G has widespread adoption. Competition is coming. I am not a telecom engineer, but I don't think 5g speed and throughput will match that of wire to the home, especially FIOS. Actually, it’s as fast as FIOS and faster than ca...
by peseta
Sun Jun 16, 2019 9:05 pm
Forum: Personal Consumer Issues
Topic: Can I get the new customer rate from Verizon Fios? Or should I switch to Spectrum?
Replies: 43
Views: 3693

Re: Can I get the new customer rate from Verizon Fios? Or should I switch to Spectrum?

The good news is that these shenanigans will end in a few years tops once 5G has widespread adoption. Competition is coming.

peseta
by peseta
Sat Jun 15, 2019 8:45 pm
Forum: Personal Consumer Issues
Topic: Durable non-stick cookware suggestions?
Replies: 30
Views: 2991

Re: Durable non-stick cookware suggestions?

As somebody linked above, Cook's Illustrated likes the T-Fal Professional pans, and I concur. The non-stick surface is excellent and surprisingly durable. Plus, they're not too expensive, so when they wear out, it doesn't bust the bank to get another one. I know a lot of people are fans of the cast ...
by peseta
Tue Jun 11, 2019 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in Nova/DC area?
Replies: 23
Views: 2342

Re: Should I buy a house in Nova/DC area?

This poster’s situation is different than most in that he will live overseas rent-free. So, assuming he rents DC house out, even if the money from the incoming rent doesn’t quite cover the mortgage, it’s not the end of the world as he’s still far ahead. Also check the schools. Sterling is in Loudou...
by peseta
Mon Jun 10, 2019 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in Nova/DC area?
Replies: 23
Views: 2342

Re: Should I buy a house in Nova/DC area?

Sterling or Herndon may be marginally do-able if you are buying near one of the new Silver Line stations due to open next year. I’m assuming from your post that you would be getting off metro near Foggy Bottom. Long commute but there are others in DC far worse. If you have to drive, though, Herndon ...
by peseta
Sun May 26, 2019 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: 529: Can someone use 5-year gift tax averaging to contribute in part to account owned by spouse (same beneficiary)?
Replies: 2
Views: 381

Re: 529: Can someone use 5-year gift tax averaging to contribute in part to account owned by spouse (same beneficiary)?

Also, you could each contribute a lump sum of $37,500 in 2009, file Form 709 and elect 5-year treatment ($7500/year) and make up to the current annual exclusion - $7500 for 2020 - 2023. Thanks for all the great advice! It didn't even occur to me that I could still take the part of the annual exclus...
by peseta
Sat May 25, 2019 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: 529: Can someone use 5-year gift tax averaging to contribute in part to account owned by spouse (same beneficiary)?
Replies: 2
Views: 381

529: Can someone use 5-year gift tax averaging to contribute in part to account owned by spouse (same beneficiary)?

This may be a question for a tax expert, but wanted to throw it out here first. Assume that a couple who files taxes jointly wants to put $75,000 into existing 529s for their child (that's all the money they have available, no more). The couple has two 529 accounts -- they each own one, with child a...
by peseta
Tue May 21, 2019 11:40 am
Forum: Personal Consumer Issues
Topic: Good quality sneakers for someone with foot issues?
Replies: 37
Views: 3343

Re: Good quality sneakers for someone with foot issues?

Please do this or go see a professional. If you knew exactly what your issue is, you could use an on-line recommender (proper drop, support, etc). Without that, no one can help you on this site. It's like asking me what prescription you should get for your contacts/glasses without being tested. We ...
by peseta
Tue May 21, 2019 11:35 am
Forum: Personal Consumer Issues
Topic: Best SIM card for travel in Europe?
Replies: 38
Views: 3021

Re: Best SIM card for travel in Europe?

Didn't see this in thread (sorry if I missed), but as of 2017, there are no roaming charges in the EU. So, as long as you are staying inside the EU, you can just get the appropriate local SIM plan at your first destination, and use it for the rest of your trip. See: https://europa.eu/youreurope/citi...
by peseta
Tue May 07, 2019 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP vs Kaiser HMO
Replies: 28
Views: 2525

Re: HDHP vs Kaiser HMO

For what it's worth, Kaiser is the only thing preventing our family from going the HDHP route. We love Kaiser (DC area) too much to leave. I would throw a parade if they offered an HDHP option.

peseta
by peseta
Mon Apr 08, 2019 3:56 pm
Forum: Personal Consumer Issues
Topic: Solution for a thick wallet
Replies: 58
Views: 5937

Re: Solution for a thick wallet

I use the All-Ett Thin Wallet (thinnestwallet.com) - it actually works very well and thins the wallet significantly with same number of cards. I use the Nylon Original Wallet, but will switch to the Leather original once it soils. I have had it for ~5 years now and it is no where near soiled, will ...
by peseta
Thu Mar 14, 2019 11:37 am
Forum: Personal Consumer Issues
Topic: Angies List v. Homeadvisor v. ???
Replies: 23
Views: 2208

Re: Angies List v. Homeadvisor v. ???

Joe Bladi-Blada wrote:
Wed Mar 13, 2019 4:38 pm
I've had good luck with checkbook.org . It's only available in certain areas, though.
If you live in an area that Consumer's Checkbook serves, that is the only reliable, dependable source of unbiased reviews I would rely on. They are fantastic. Like a local Consumer Reports.

peseta
by peseta
Wed Mar 06, 2019 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Stay the course with baby on the way?
Replies: 28
Views: 1892

Re: Stay the course with baby on the way?

Maybe my kids are unicorns. I'm a megacorp director and wife is in tech sales, we've been very productive while working from home and simultaneously watching our two children. Your results may vary. You'll be tired, but that doesn't ever change. Your experience doesn't comport with mine, but it see...
by peseta
Mon Mar 04, 2019 9:55 am
Forum: Personal Consumer Issues
Topic: Luggage Carry On 22" long x 14" wide x 9" tall
Replies: 24
Views: 2008

Re: Luggage Carry On 22" long x 14" wide x 9" tall

Get it fixed. There is no reason to believe a local tailor/ alterations shop couldn't replace it with the same or better quality zipper. Any competent tailor can stitch that on securely without a concern. Co-sign. A zipper repair should be simple. Plus, finding suiter (i.e., with hanger) carry-on b...
by peseta
Sun Feb 24, 2019 5:27 pm
Forum: Personal Investments
Topic: Increase TSP (401K) contribution or invest outside?
Replies: 17
Views: 1108

Re: Increase TSP (401K) contribution or invest outside?

For someone working 40+ years and getting the 10% premium at age 62, there's a good chance they will be in the same bracket just with pensions and SS. For someone retiring with 30 years at minimum retirement age, pension and SS alone are not enough to kick them up into the working tax bracket. Inte...
by peseta
Tue Feb 12, 2019 12:10 pm
Forum: Investing - Theory, News & General
Topic: Would prefer target date funds, but three custodians make it messy: advice?
Replies: 9
Views: 1192

Re: Would prefer target date funds, but three custodians make it messy: advice?

I wanted to post an update to this. As some know, the TSP redid their lifecycle funds effective last month: https://www.bogleheads.org/forum/viewtopic.php?t=265151 This change, combined with changing the I fund to include emerging markets, pushed me over the edge to go all target funds. The new TSP ...
by peseta
Fri Jan 25, 2019 11:18 am
Forum: Personal Consumer Issues
Topic: Is Acela (Amtrak) service worth it?
Replies: 42
Views: 3719

Re: Is Acela (Amtrak) service worth it?

Funny, I’m actually sitting on an Acela right now writing this. I agree with others: not really worth it unless you are going over track that can exploit its speed (stretch approaching Boston). I only bother taking it DC-Boston. You save 1.5 hours on that trip. I never bother on a trip to NYC, the v...
by peseta
Sun Jan 06, 2019 9:53 pm
Forum: Investing - Theory, News & General
Topic: Heads up: one week delay at Vanguard to do backdoor Roth using EBT/check if you've switched to brokerage accounts
Replies: 11
Views: 1398

Re: Heads up: one week delay at Vanguard to do backdoor Roth using EBT/check if you've switched to brokerage accounts

Cas was indeed correct (and the Vanguard rep was wrong). I was able to complete the process over the weekend. Thanks, all!

peseta
by peseta
Fri Jan 04, 2019 3:21 pm
Forum: Investing - Theory, News & General
Topic: Heads up: one week delay at Vanguard to do backdoor Roth using EBT/check if you've switched to brokerage accounts
Replies: 11
Views: 1398

Re: Heads up: one week delay at Vanguard to do backdoor Roth using EBT/check if you've switched to brokerage accounts

In amongst the 10,000 posts in the last week on Roth conversions/backdoor Roths, there was another post where another couple of people were having this same issue. I think. I can't find it again among the 10,000 other posts with similar words in their titles. In any case, those people found that th...
by peseta
Fri Jan 04, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: Heads up: one week delay at Vanguard to do backdoor Roth using EBT/check if you've switched to brokerage accounts
Replies: 11
Views: 1398

Heads up: one week delay at Vanguard to do backdoor Roth using EBT/check if you've switched to brokerage accounts

Like many on this board, I've done backdoor Roth contributions at Vanguard the past few years. Prior to this year, my funds were available to convert in my traditional IRA account within 24 hours. Also like many on this board, I was essentially forced to change my IRA accounts into Vanguard IRA brok...
by peseta
Thu Dec 20, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Spending plan for increased child care costs
Replies: 2
Views: 391

Re: Spending plan for increased child care costs

Thanks, Leeks. We already own a suitable house, so our priorities after tax-advantaged retirement savings would be in order: (1) 529s; (2) taxable; and (3) pay down mortgage ((2) and (3) could be flipped when we get to that point someday!). We saved the money over about 3.5 years, thus we couldn't c...
by peseta
Wed Dec 19, 2018 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Spending plan for increased child care costs
Replies: 2
Views: 391

Spending plan for increased child care costs

My wife and I are expecting baby #2 in a few months. Barring something very unexpected, this will be our last child. We've managed to cash-flow child care for our first-born (who had a part-time nanny for two years, and will be soon starting preschool), while maxing out two 401ks (1 Roth, 1 traditio...
by peseta
Wed Dec 19, 2018 9:20 pm
Forum: Personal Consumer Issues
Topic: Quebec City Winter Carnival with Kids? Or something else?
Replies: 7
Views: 617

Re: Quebec City Winter Carnival with Kids? Or something else?

It's great and would be fun for kids. There's probably 2-3 days of stuff to do there. However, keep in mind that it gets very, very cold in Quebec City in early February. The average HIGH is about 20 degrees Fahrenheit. So, a "cold" day can be below zero. Make sure you have appropriate clothing, sin...