Search found 31 matches

by jabbahop
Fri Mar 22, 2019 9:11 am
Forum: Personal Consumer Issues
Topic: Vacation Home: Own vs. Rent??
Replies: 42
Views: 4152

Re: Vacation Home: Own vs. Rent??

We are snowbirds now but our summer lake camp started out as a vacation home. For us there are three advantages of owning vs renting that I haven’t seen mentioned yet. - we have a dog so that dramatically limits the rental options - we can keep our “toys” - paddleboard, kayak, bikes instead of trans...
by jabbahop
Sun Feb 10, 2019 10:16 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 412
Views: 47573

Re: What lifestyle creep made you happier?

One other that was a temporary creep but probably the best money we ever spent. A night nurse for the first 3 months when my wife had twins and had a 3 year old. 5 nights a week she would handle feedings (pumped milk) from midnight to 7am. One of the kids had reflux so couldn’t sleep more than an ho...
by jabbahop
Sat Feb 09, 2019 9:57 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 412
Views: 47573

Re: What lifestyle creep made you happier?

When we lived all year in vermont... Radiant floor heat (warm feet all winter) and heated garage (no cold car in the morning). Now it is snowbirding so can enjoy outdoors all year long.
by jabbahop
Fri Nov 09, 2018 10:56 am
Forum: Personal Consumer Issues
Topic: Anyone here retire in two homes
Replies: 24
Views: 3574

Re: Anyone here retire in two homes

This is our second year retired with two homes. Most of the financial side of things we had anticipated. The things that I underestimated were: 1) health insurance and doctor network complications since we are not yet on medicare. Having to find two sets of docs that are in network is some work. The...
by jabbahop
Tue Sep 25, 2018 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Employer says no to relocation as employee, should I offer to be contractor?
Replies: 37
Views: 3327

Re: Employer says no to relocation as employee, should I offer to be contractor?

Lots of people commute between Plattsburgh NY and Burlington via the Grand Isle ferry. We spend the summers on Grand Isle. I wish you luck as I became a Vermont telecommuting employee for a Silicon Valley firm about 20 years ago. Not sure it helps given your company policy, but about a month ago Ver...
by jabbahop
Fri Jul 13, 2018 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 162
Views: 21031

Re: Early retirement

I retired 3 years ago @ 55 but really haven’t had any rude responses. Most common response when I tell them I am retired is a pause and then “Ohh” We didn’t really have any issues telling family though there is some envy from who wish they were in a similar situation. Co-workers was interesting beca...
by jabbahop
Fri Jun 01, 2018 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 15935

Re: Best Advice You Never Took

1) read a random walk on Wall Street as a 21 year old and didn’t employ the lessons until 30years and lots of fees later.
2) my wife and I sold our stock options and employee stock purchase as We got them in the late 80’s and 90’s at the equivalent of $1.50/share.
by jabbahop
Wed May 23, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Should I purchase Lake House for Primary
Replies: 28
Views: 5701

Re: Should I purchase Lake House for Primary

Last year we sold our primary home and moved to our lake cottage. We did this as the kids had just graduated high school and were heading to college so we didn’t need all the room of our former home. We downsized from 3500 sf to 900sf which is pretty tight. We augmented it with a pop up camper what ...
by jabbahop
Thu May 18, 2017 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Question for you high net worth individuals... [real estate investments]
Replies: 82
Views: 14469

Re: Question for you high net worth individuals...

Zero. Overall w have lost money on real estate.
by jabbahop
Mon Jan 23, 2017 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Charles Ellis has no bonds in his portfolio
Replies: 14
Views: 2922

Re: Charles Ellis has no bonds in his portfolio

What he said in the interview is that he is not using bonds because he investing for his grandkids not himself as he has more than enough income to cover his expenses.
by jabbahop
Sun Dec 18, 2016 8:50 am
Forum: Investing - Theory, News & General
Topic: 100% Stocks, Huh? May I Suggest You Read This Thread
Replies: 55
Views: 9124

Re: 100% Stocks, Huh? May I Suggest You Read This Thread

Thank you. Retired with 60/40 and this helps me from second guessing myself a bit.
by jabbahop
Sun Oct 02, 2016 7:10 am
Forum: US Chapters
Topic: How Did You Become A Boglehead? What Led You Here?
Replies: 173
Views: 30539

Re: How Did You Become A Boglehead? What Led You Here?

After a health scare, we started asking our financial planner whether we could retire early. After 20 years of focusing on careeer/family and just leaving everything to our advisor, I started asking lots of questions and stumbled upon Boggleheads. This great forum quickly showed me the error of my p...
by jabbahop
Wed Sep 21, 2016 6:17 pm
Forum: Personal Consumer Issues
Topic: The Bogleheads' "100 Things Worth Every Penny" List
Replies: 275
Views: 50624

Re: The Bogleheads' "100 Things Worth Every Penny" List

Darn tough socks
Radiant floor heat
Heated garage during vermont winter
by jabbahop
Sat Jul 30, 2016 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Another can we retire...
Replies: 51
Views: 8157

Re: Another can we retire...

Does the $195K in spending include things that will go away/change in retirement?
For us contributions to retirement accounts and taxes changed greatly.
by jabbahop
Fri Jul 22, 2016 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Early retirees, how much did you leave on the table?
Replies: 355
Views: 35191

Re: Early retirees, how much did you leave on the table?

I retired 18 months ago @ 55 leaving a very good salary, bonus, and stock. If I worked another 7 years to 62, the portfolio might be 30% higher.

We have enough - no regrets.
by jabbahop
Tue Jul 19, 2016 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Early retirees, at what age did you "retire"? Is it working out?
Replies: 63
Views: 13717

Re: Early retirees, at what age did you "retire"? Is it working out?

I retired 1 1/2 years ago @ 55. We have three kids - one in college and two entering senior year of high school. We live in a moderate cost of living location (land cheap, everything else expensive). We will be downsizing to reduce costs when the kids leave for college. I love the freedom of being r...
by jabbahop
Fri Jul 15, 2016 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Appropriate tip amount for river rafting guides?
Replies: 50
Views: 7873

Re: Appropriate tip amount for river rafting guides?

We've done a few multi-day river trips with a couple of different companies. As I remembered the suggestion was to come up with a number per guest per day. I think it worked out to maybe 10% of the trip price. We were family of five so it ended up being quite a bit of cash but the guides were awesome.
by jabbahop
Mon Jul 04, 2016 7:15 am
Forum: Personal Investments
Topic: $400,000 Roth Conversions Between Ages 66-69?
Replies: 156
Views: 34608

Re: $400,000 Roth Conversions Between Ages 66-69?

This is a very helpful thread for us as our scenario is somewhat similar - $1.6M in 401K/IRA but a little younger @ 56 and 58. We have substantial taxable as well that we can live can use to pay taxes. I have been of the mindset of wanting to minimize short term taxes and just pay @ 70 but I guess I...
by jabbahop
Sat Apr 02, 2016 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Big spenders, anybody successfully downsized?
Replies: 30
Views: 5375

Re: Big spenders, anybody successfully downsized?

We are middle 50's and retired for one year. We have reduced Substantially but not by 1/2 - at least not until we complete our downsizing when we sell our home next year (kids off to college). The three biggest thing that has helped reduce our monthly spend are. 1) we started selling/giving away stu...
by jabbahop
Thu Mar 31, 2016 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Semi retired - part time consulting - IRA contribution?
Replies: 6
Views: 794

Semi retired - part time consulting - IRA contribution?

I've been retired for a year and just picked up a $25K consulting project this year. We are a family of 5 (one in college, two in high school) in 15% tax bracket and qualify for ACA subsidies currently. - dividends from taxable account - some rental income - about $25K gross consulting income We hav...
by jabbahop
Sun Mar 20, 2016 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirees - What triggered you to retire?
Replies: 97
Views: 16380

Re: Early Retirees - What triggered you to retire?

Retired last year @ age 55. Reasons 1) 3 years ago I took six weeks off and discovered not only could I survive without working, but actually loved being completely in control of my time. 2) 2 years ago I was diagnosed with cancer and went through 6 months of chemo reinforcing that life is short 3) ...
by jabbahop
Tue Mar 15, 2016 9:01 am
Forum: Personal Consumer Issues
Topic: LASIK surgery
Replies: 23
Views: 3516

Re: LASIK surgery

I had it done 5 years ago when I was 50. Worked well and was very simple procedure and recovery. Unfortunately my vision has deteriorated some more so I am back to needing to wear glasses for distance vision. Not as strong as before but still necessary. My wife had it about 10 years ago and hers are...
by jabbahop
Sun Feb 21, 2016 6:22 am
Forum: Personal Investments
Topic: Roth conversion: Threshold checklist
Replies: 59
Views: 10892

Re: Roth conversion: Threshold checklist

How does one factor in ACA subsidies? Both my wife and I are in out late 50's and currently qualify for ACA subsidies. How does one determine if it makes sense to forgo those subsidies to do conversions?
by jabbahop
Mon Jan 18, 2016 9:16 am
Forum: Personal Consumer Issues
Topic: Bike or hike trip
Replies: 22
Views: 2984

Re: Bike or hike trip

We have used vbt on a number of biking trips in Europe and really enjoy them. They are around $4k/person including airfare.
by jabbahop
Thu Dec 10, 2015 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: How much money should I leave my kids?
Replies: 59
Views: 8061

Re: How much money should I leave my kids?

I set up my will so that in the case my wife and I both died, a trust would take care of the money until they were 25. Mostly because I could imagine what kind of trouble I'd have gotten into if I'd been handed hundreds of thousand when I turned 18. I'd probably have died racing corvettes on county...
by jabbahop
Thu Sep 10, 2015 6:31 am
Forum: Personal Consumer Issues
Topic: can you recommend a good waterproof men's winter boot
Replies: 37
Views: 4079

Re: can you recommend a good waterproof men's winter boot

one more suggestion are these Solomon boots if they are for ice and snow vs casual winter.

I have had a pair for nearly 10 years in vermont - light, warm, water proof.

http://www.amazon.com/Salomon-Snowtrip- ... B0037QH0MK
by jabbahop
Tue Aug 25, 2015 3:03 pm
Forum: Personal Investments
Topic: Use the Dip to Clean Up Your Taxable Account
Replies: 17
Views: 2624

Re: Use the Dip to Clean Up Your Taxable Account

was able to sell a large position in NYVTX that our former financial planner had us in. I have been wanting to get out for a while but finally the capital gains were low enough that I could make the switch to vanguard funds. I am glad to no longer paying the fees or deal with fund distributions. I h...
by jabbahop
Wed Aug 19, 2015 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Cancer (and expensive medical expenses) during early retirement
Replies: 29
Views: 4159

Re: Cancer (and expensive medical expenses) during early retirement

you are right that out of pocket max and out of pocket max RX (some plans they are separate) are what you care about. I had cancer with chemo last year (and early retired 6 months after treatment/remission) and we very quickly hit our max as the treatment is very expensive. I remember one shot I got...
by jabbahop
Wed Aug 05, 2015 8:59 pm
Forum: Personal Consumer Issues
Topic: Anyone hire a night nanny?
Replies: 8
Views: 1952

Re: Anyone hire a night nanny?

we did it with our twins. Life saver.

I think we had someone for 4 or 5 nights a week for about 8 weeks.

Money well spent
by jabbahop
Tue Aug 04, 2015 6:37 am
Forum: Personal Consumer Issues
Topic: Hike the Pacific Crest Trail/JMT
Replies: 74
Views: 10410

Re: Hike the Pacific Crest Trail/JMT

I watched this movie on Netflix about a small group hiking the JMT - looked wonderful but challenging.

http://www.imdb.com/title/tt2233406/
by jabbahop
Sun Jul 05, 2015 6:11 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2015!
Replies: 256
Views: 68347

Re: Roll Call for the Retirement Class of 2015!

I am in the pool. May 1st was my first day or retirement.