Search found 49 matches

by ColoradoNewBiker
Fri May 10, 2019 7:35 pm
Forum: Personal Consumer Issues
Topic: Cell Phone Plan/Carrier Recommendation?
Replies: 59
Views: 6716

Re: Cell Phone Plan/Carrier Recommendation?

I recently signed up with Google Fi. Price seems relatively good especially if you don't use a lot of data. Supports international roaming to many countries without having to get country specific SIM card. There is a very limited choice of phones that work with Fi. It uses T-Mobile, Sprint and U.S....
by ColoradoNewBiker
Thu Apr 04, 2019 10:53 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1027
Views: 139599

Re: Post your Financial Milestone Announcements Here

dad2000 wrote:
Thu Apr 04, 2019 9:24 pm
Hit FI last month at age 52 with 5M in retirement funds and no debt. More importantly, wife and I are in excellent health.
Wow, I'm jealous. :twisted:
by ColoradoNewBiker
Thu Apr 04, 2019 10:52 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1027
Views: 139599

Re: Post your Financial Milestone Announcements Here

Passed the 3m net worth mark. This includes real estate carried at purchase price w/ no appreciation (or depreciation). I have 3 RE accounts in my net worth. One is a mortgage my wife and I wrote to my sister-in-law that decreases each month that a payment is made on it. The other is a house we jus...
by ColoradoNewBiker
Tue Mar 12, 2019 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Can or should we afford this house
Replies: 62
Views: 4643

Re: Can or should we afford this house

I see a lot of "no buy" here because it'll slow down your FIRE. On the other side, do you feel this is good investment? I heard California housing market has been so good that many people just get FIRE due to their properties. Maybe you'll think of relocating to a lower-cost area later and then this...
by ColoradoNewBiker
Sat Mar 09, 2019 6:12 pm
Forum: Personal Investments
Topic: I think I can retire. Help me with the confidence and a plan.
Replies: 29
Views: 5213

Re: I think I can retire. Help me with the confidence and a plan.

But in general, I believe you're in a good shape to retire right now. Congratulations!
by ColoradoNewBiker
Sat Mar 09, 2019 6:11 pm
Forum: Personal Investments
Topic: I think I can retire. Help me with the confidence and a plan.
Replies: 29
Views: 5213

Re: I think I can retire. Help me with the confidence and a plan.

Did you take into account the tax? Looks like 4% will give you 160k per year (pre-tax) but you said you had expense around 160k. Maybe you need to adjust a bit of your expense to match the after-tax income?
by ColoradoNewBiker
Tue Feb 26, 2019 4:43 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1027
Views: 139599

Re: Reached the third milestone of the 2 comma club

Congratulations! Just curious, why is it "third" milestone? I thought it's the second in 2 comma's? First milestone is $1 million including home equity. Second milestone is $1 million excluding home equity Third milestone is $2 million including home equity Fourth milestone is $2 million excluding ...
by ColoradoNewBiker
Mon Feb 25, 2019 11:28 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1027
Views: 139599

Re: Reached the third milestone of the 2 comma club

Congratulations! Just curious, why is it "third" milestone? I thought it's the second in 2 comma's?
by ColoradoNewBiker
Mon Feb 18, 2019 12:13 am
Forum: Personal Consumer Issues
Topic: First thing(s) you'd do when you achieve financial independence?
Replies: 73
Views: 6313

Re: First thing(s) you'd do when you achieve financial independence?

Not there yet but I guess no change to me. I may be less worried about being laid off or having to accept lower compensation. However, flying business class or staying in higher scale hotels may need you to take into account that expense when you calculate your FI number, not your current expense.
by ColoradoNewBiker
Tue Feb 12, 2019 12:14 am
Forum: Personal Consumer Issues
Topic: Copenhagen/Stockholm/Oslo in May/June
Replies: 28
Views: 1977

Re: Copenhagen/Stockholm/Oslo in May/June

OP here - many thanks for so much great advice! I guess my daughter will be delighted no matter what about the little mermaid. :-) we'll see.
by ColoradoNewBiker
Mon Feb 11, 2019 12:22 am
Forum: Personal Consumer Issues
Topic: dry eyes- optimal laptop screen resolution to reduce eye strain
Replies: 35
Views: 2772

Re: dry eyes- optimal laptop screen resolution to reduce eye strain

Sorry for the late reply. I don't have scientific data to support but I feel my eyes less strained after wearing the glasses. I think their lens are good quality. I also use artificial tears (bought from Costco) and it helps too.
by ColoradoNewBiker
Mon Feb 11, 2019 12:18 am
Forum: Personal Consumer Issues
Topic: Copenhagen/Stockholm/Oslo in May/June
Replies: 28
Views: 1977

Copenhagen/Stockholm/Oslo in May/June

Dear BH, My wife and I are planning a short trip in late May to early June (from Denver). We're considering Copenhagen, Stockholm and Oslo for two weeks (about 3 days a city). Our plan is to fly from Denver to London, then do city hop from London. The reason is the flight is cheaper to London than t...
by ColoradoNewBiker
Mon Jan 07, 2019 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: investing until it's uncomfortable..or cruise control
Replies: 8
Views: 951

Re: investing until it's uncomfortable..or cruise control

My 2 cents - always good to save more to leave a buffer for myself. What if I get laid off? what if my salary goes down? There are a lot of unknowns. So, I'd rather save more as long as it doesn't compromise my current life too much. BTW, you're doing great.
by ColoradoNewBiker
Mon Dec 31, 2018 4:36 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 21870

Re: Favorite Purchase of 2018?

A new road bike Trek Domane SL 5; not too fancy but my first real road bike; very happy with it. Also got a Wahoo Snap trainer with it (got a deal of $100 off :-). I can now bike in my garage when it's too cold to bike outside. Roomba i7+ and I can use it to vacuum the floors when I'm biking. Good i...
by ColoradoNewBiker
Mon Dec 31, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 21870

Re: Favorite Purchase of 2018?

acegolfer wrote:
Thu Dec 27, 2018 9:10 am
Brain surgery to remove tumor. Has some numbness but I feel better than before.
Happy for you! :sharebeer
by ColoradoNewBiker
Mon Dec 24, 2018 11:51 pm
Forum: Investing - Theory, News & General
Topic: What was your best investment in 2018?
Replies: 127
Views: 8220

Re: What was your best investment in 2018?

A new road bike and an indoor trainer. Very happy with them!
by ColoradoNewBiker
Thu Nov 15, 2018 11:51 am
Forum: Personal Investments
Topic: separate account for children
Replies: 4
Views: 525

Re: separate account for children

I opened a schwab intelligent portfolio (robo account) for my daughter. keep an aggressive portfolio and deposit a bit every month. Hopefully it covers some of her expense in college or early career later on.
by ColoradoNewBiker
Mon Sep 17, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Double Check
Replies: 23
Views: 1755

Re: Retirement Double Check

All, I'm about to leave our financial advisor, but before I do I'm going to present the retirement plan I've written to my wife, so I need a double check. Retirement date: 7/01/2038 age 65 Estimated annual expenses / budget $90,000 Estimated Retirement fund goal (90,000 x 25) = $2,250,000 Our Futur...
by ColoradoNewBiker
Wed Aug 29, 2018 11:25 pm
Forum: Investing - Theory, News & General
Topic: Done saving for retirement according to firecalc?
Replies: 51
Views: 5090

Re: Done saving for retirement according to firecalc?

Assuming I don’t save another penny, my portfolio today will allow me to spend 125k starting at 59 (which is roughly 15 yrs away and would allow access to retirement funds) according to firecalc. Success is nearly 100% when I include ss and small pension. Portfolio would be 60% stocks and 40% bonds...
by ColoradoNewBiker
Tue Aug 28, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: how much more we should put in 529?
Replies: 24
Views: 3330

Re: how much more we should put in 529?

To give an idea on cost: My daughter joined 8 year PLME program ( integrated MD) at Brown University. Cost is 70K+ every year and is increasing. We expect to pay 600K+ for the program. So if you can superfund again , do it. BTW you don’t have to wait. There is no restriction on contributing. It is ...
by ColoradoNewBiker
Fri Aug 24, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: My son is 1 years old now I want to save money for him Help me with some options on where to save
Replies: 15
Views: 1514

Re: My son is 1 years old now I want to save money for him Help me with some options on where to save

You may open a brokerage account under your name and separate it from your other accounts. Invest certain amount of $$$ per month and keep it growing. Later, you may decide if you should use it as part of your retirement portfolio or hand it over to your child. To me, the most important thing is *no...
by ColoradoNewBiker
Fri Aug 24, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: how much more we should put in 529?
Replies: 24
Views: 3330

Re: how much more we should put in 529?

I'm hoping to cover 4 years at a public university… in your circumstances I don't think there's any wrong answers. I would probably veer towards overfunding my own retirement, or investing it in taxable (more flexibility) than overfunding a 529. Getting a head start in your daughter's IRA is anothe...
by ColoradoNewBiker
Fri Aug 24, 2018 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: how much more we should put in 529?
Replies: 24
Views: 3330

Re: how much more we should put in 529?

Thanks everyone for the responses. I’ll review my portfolio and make it more aggressive.
by ColoradoNewBiker
Fri Aug 24, 2018 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: how much more we should put in 529?
Replies: 24
Views: 3330

Re: how much more we should put in 529?

OP here - yes, we've maxed out our retirement savings. We can save a bit more to fund 529 and cut some expenses. it's currently $160k value ($20k gain).
by ColoradoNewBiker
Fri Aug 24, 2018 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: how much more we should put in 529?
Replies: 24
Views: 3330

how much more we should put in 529?

I understand it has been discussed before but couldn't find a good quantitative answer. Our daughter (only one kid) is 4 years now and we funded her 529 by superfunding it when she was born - put in $140k and spread for 5 years' tax credit. From 2020, we can start to contribute again but not sure ho...
by ColoradoNewBiker
Fri Aug 24, 2018 2:52 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio experiment
Replies: 19
Views: 3149

Re: Schwab Intelligent Portfolio experiment

I'm experimenting with it too. I basically set up some fund for my daughter and watch it grow. I'll probably compare it with my vanguard portfolio later but so far, I don't see too much diff (I was using an aggressive portfolio with 94% for stocks as I won't touch it in at least 15 years).
by ColoradoNewBiker
Fri Aug 17, 2018 6:51 pm
Forum: Personal Consumer Issues
Topic: Best (most practical, low cost) Luggage for Airline Travel
Replies: 56
Views: 4495

Re: Best (most practical, low cost) Luggage for Airline Travel

Samsonite - very good service; last time, the United damaged our luggage which is over 10 years old; Samsonite fixed it for free and we don't need to claim it from United.
by ColoradoNewBiker
Fri Aug 17, 2018 2:16 pm
Forum: Personal Consumer Issues
Topic: What to do in Seattle around Christmas?
Replies: 29
Views: 1680

Re: What to do in Seattle around Christmas?

All great ideas! Thanks all again!
by ColoradoNewBiker
Fri Aug 17, 2018 2:14 pm
Forum: Personal Investments
Topic: Any tool to help predict net worth in N years?
Replies: 11
Views: 1951

Re: Any tool to help predict net worth in N years?

Inputs: (real) assumed growth in equities and bonds. Periodic investments and amounts. All you have to do is compute the "interest" each month, add the periodic investment onto it and sum to the previous month. Drag down for however many months you have/want. This certainly works. But the same resu...
by ColoradoNewBiker
Fri Aug 17, 2018 8:30 am
Forum: Personal Investments
Topic: Any tool to help predict net worth in N years?
Replies: 11
Views: 1951

Re: Any tool to help predict net worth in N years?

Thanks! Yeah, my calculation should be simple and the Ed Jones calculator is good enough.
by ColoradoNewBiker
Fri Aug 17, 2018 8:25 am
Forum: Personal Consumer Issues
Topic: What to do in Seattle around Christmas?
Replies: 29
Views: 1680

Re: What to do in Seattle around Christmas?

Thank you all for the responses! I think I got some more to read and plan. :-)
by ColoradoNewBiker
Thu Aug 16, 2018 11:12 pm
Forum: Personal Investments
Topic: Any tool to help predict net worth in N years?
Replies: 11
Views: 1951

Re: Any tool to help predict net worth in N years?

thanks but looks like that website is down.
by ColoradoNewBiker
Thu Aug 16, 2018 11:04 pm
Forum: Personal Investments
Topic: Any tool to help predict net worth in N years?
Replies: 11
Views: 1951

Any tool to help predict net worth in N years?

I searched around but didn't find an answer. I'd like to have a tool with input - current net worth, yearly contribution (regardless of retirement or taxable account), stock/bond split (assuming yearly contribution also gets the same split). It can tell me what the net worth would (likely to) be in ...
by ColoradoNewBiker
Thu Aug 16, 2018 11:00 pm
Forum: Personal Consumer Issues
Topic: What to do in Seattle around Christmas?
Replies: 29
Views: 1680

What to do in Seattle around Christmas?

My wife and I are considering spending a week in Seattle area before Christmas. We have a little girl of 3.5 years old. Any suggestion what to do, or it's just a bad idea? Should we go to Canada side? Thanks for any tips!
by ColoradoNewBiker
Sun Aug 12, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 140
Views: 12035

Re: Can I buy a Tesla?

Cramerica wrote:
Sat Aug 11, 2018 7:00 pm
Just wanted to update here since I got so many useful replies.

I bought the fully loaded model 3 :sharebeer
Congrats! enjoy! :sharebeer
by ColoradoNewBiker
Sun Aug 12, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 130
Views: 7218

Re: how much car can we afford?

Let it go Yes, the OP could sell the expensive car at any time. If and only if there is no accident to the car. :-) otherwise, the car's value would be much worse and you can't count on cars as a value holder. I don't quite understand why it's such a hot topic regarding how much I can afford a car....
by ColoradoNewBiker
Thu Aug 09, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1091
Views: 308195

Re: Share your net worth progression

I started tracking my net worth in 2008. 40s, two kids. I live in HCOL, fwiw. 2008 - $530,000 2009 - $720,000 2010 - $880,000 2011 - $1,200,000 2012 - $1,200,000 2013 - $1,700,000 2014 - $2,400,000 2015 - $3,500,000 2016 - $4,100,000 2017 - $5,800,000 I'm curious, how much of this is due to new mon...
by ColoradoNewBiker
Fri Aug 03, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Question to retirees - money or work/life balance?
Replies: 46
Views: 5814

Re: Question to retirees - money or work/life balance?

Before I reach 2/3 of my goal for financially independent, I care less about work/life balance. After that tipping point, I probably don't care about promotion or money as much. To me, it's just how you spend your time in the life - getting intense life in the first half and then slow down to enjoy,...
by ColoradoNewBiker
Fri Jun 29, 2018 8:01 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 140
Views: 12035

Re: Can I buy a Tesla?

I'd research the kind of hassle and nightmare it can be to repair the tiniest body damages on a Tesla car before even considering whether to get it (think > $5000 to fix a tiny scratch as well as potentially months of waiting time while car is at the repair shop) This factor alone for sure will kee...
by ColoradoNewBiker
Wed Jun 13, 2018 10:56 am
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 180
Views: 41865

Re: Bogleheads, tell me about your 40's?

It's really an amazing thread and thanks all for sharing your stories. I'm currently 41, married with one lovely daughter. I'm working for a so-called megacorp company and I'm very happy with my work. My late 30's and now is quite different from my early 30's and 20's, mainly because of family. When...
by ColoradoNewBiker
Sun May 20, 2018 3:18 pm
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 113
Views: 10014

Re: Tesla Autopilot, worth it?

I’d say get it. I’ve been using autopilot for almost 3 years on a model s (first gen hardware). It really reduced a lot of stress on the highway especially for long commute. But the key thing is you don’t totally rely on it and still pay attention to the road. It’s been amazing to witness its improv...
by ColoradoNewBiker
Thu May 17, 2018 10:21 am
Forum: Personal Consumer Issues
Topic: What would you do? takes 6 months to fix a Tesla Model S
Replies: 33
Views: 3217

Re: What would you do? takes 6 months to fix a Tesla Model S

Have you thought about buying a used car, no not a beater. You mention a rental could cost up to 5grand. When that is done you hand in the keys and get no money back, 5k spent. Buy a known reliable car civic, camry whatever you need to make the commute bearable. These cars shouldn't lose any value ...
by ColoradoNewBiker
Thu May 17, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: What would you do? takes 6 months to fix a Tesla Model S
Replies: 33
Views: 3217

Re: What would you do? takes 6 months to fix a Tesla Model S

:confused [OT comment removed by moderator prudent] We have owned a Tesla Model S now going on 6 years and it has had a few collisions, ... I'm trying to imagine owning a Tesla (or any car) and colliding in it "a few" times over 6 years. :shock: Me too. I have been driving for 65 years with only on...
by ColoradoNewBiker
Thu May 17, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: What would you do? takes 6 months to fix a Tesla Model S
Replies: 33
Views: 3217

Re: What would you do? takes 6 months to fix a Tesla Model S

Thanks all again for the replies. Really appreciate it. I'm leaving for a 3-week vacation today and may have to worry about it later. Have a nice weekend, everyone!
by ColoradoNewBiker
Thu May 17, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: What would you do? takes 6 months to fix a Tesla Model S
Replies: 33
Views: 3217

Re: What would you do? takes 6 months to fix a Tesla Model S

Thanks all for the replies. The damage should be fixable and I’m not sure insurance would like to total it. I’ll probably rent on weekly basis and hope the best. I’ve been reading the forum but feel not too much to contribute because there are so many wise opinions out there. That’s why this is my ...
by ColoradoNewBiker
Thu May 17, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: What would you do? takes 6 months to fix a Tesla Model S
Replies: 33
Views: 3217

Re: What would you do? takes 6 months to fix a Tesla Model S

First, I learned so much from this forum. Thank you all for the valuable advice! This is my first post. :-) Recently, I got a car accident and rear-ended another car. My Tesla Model S got severe damage in the front. It's now in an authorized body shop. The body shop told me that it took at least 6 ...
by ColoradoNewBiker
Thu May 17, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: What would you do? takes 6 months to fix a Tesla Model S
Replies: 33
Views: 3217

Re: What would you do? takes 6 months to fix a Tesla Model S

Thanks all for the replies. The damage should be fixable and I’m not sure insurance would like to total it. I’ll probably rent on weekly basis and hope the best. I’ve been reading the forum but feel not too much to contribute because there are so many wise opinions out there. That’s why this is my f...
by ColoradoNewBiker
Wed May 16, 2018 11:24 pm
Forum: Personal Consumer Issues
Topic: What would you do? takes 6 months to fix a Tesla Model S
Replies: 33
Views: 3217

What would you do? takes 6 months to fix a Tesla Model S

First, I learned so much from this forum. Thank you all for the valuable advice! This is my first post. :-) Recently, I got a car accident and rear-ended another car. My Tesla Model S got severe damage in the front. It's now in an authorized body shop. The body shop told me that it took at least 6 m...