Search found 89 matches

by Thecallofduty
Fri Feb 01, 2019 5:51 pm
Forum: Personal Consumer Issues
Topic: Have you searched for your unclaimed property?
Replies: 64
Views: 6778

Re: Have you searched for your unclaimed property?

Thank you for posting this thread. I have family that have benefited from checking.
by Thecallofduty
Fri Feb 01, 2019 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Age discrimination in the medical professions as one gets older?
Replies: 40
Views: 4118

Re: Age discrimination in the medical professions as one gets older?

In all honesty if you do not want any clinical encounters with patients then I would advice looking at other career options.
by Thecallofduty
Fri Feb 01, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Concerned about Alzheimers, how do you plan for LTC?
Replies: 80
Views: 6139

Re: Concerned about Alzheimers, how do you plan for LTC?

I do not know much about LTC insurance. There is a lot of good information out there on dementia. You are right to start thinking early about finances and fortunately for you there is a good nest egg and SS. If she were to develop dementia, assuming no other major medical issues, she will likely nee...
by Thecallofduty
Fri Feb 01, 2019 1:07 am
Forum: Personal Investments
Topic: What do wise people do with 401(k) balances?
Replies: 35
Views: 4985

Re: What do wise people do with 401(k) balances?

In general people start taking distrubitions from their account once they retire. Withdrawing about 4% so that you do not deplete your account and it can last for retirement. You adjust the funds in your 401k as you see fit to match your desired asset allocation.
by Thecallofduty
Thu Jan 31, 2019 5:47 pm
Forum: Personal Investments
Topic: Am I missing out on Roth IRA
Replies: 28
Views: 5137

Re: Am I missing out on Roth IRA

What is your income? Are you a very high earner? if so keep in mind you may need to do a backdoor roth conversion. If your modified adjust gross income in 2018 was less than 135k i believe then you can contrubite directly to roth ira for that tax year.
by Thecallofduty
Thu Jan 31, 2019 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Baby Year One Medical Expenses? (HSA/High Ded Plan)
Replies: 26
Views: 1121

Re: Baby Year One Medical Expenses? (HSA/High Ded Plan)

This is just my opinion: I understand Hsa is used for investing and getting all the extra tax benefits of using it during retirement on medical expensives. However this year you will have a large medical expense with deliverying a baby and I believe it would be a good time to have your HsA filled up...
by Thecallofduty
Wed Jan 30, 2019 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Age discrimination in the medical professions as one gets older?
Replies: 40
Views: 4118

Re: Age discrimination in the medical professions as one gets older?

I dont think you should have any issues. In general for providers (doctors, PAs, NPs) once credentialed everyone is expected to provide the same level of care to patients. Doesnt matter if you are 30 or 70, all held to same standard.

Good luck in your endeavors :D
by Thecallofduty
Wed Jan 30, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Saying hello and hoping for guidance
Replies: 95
Views: 5599

Re: Saying hello and hoping for guidance

I agree. The target date fund he is in with a 0.09% expense ratio is a good selection for the 401k.
by Thecallofduty
Tue Jan 29, 2019 11:07 pm
Forum: Personal Investments
Topic: Investing strategies for a taxable account
Replies: 18
Views: 5872

Re: Investing strategies for a taxable account

To the OP, Not sure why you would want to “diversify” and add an active managed fund when its not needed. etfs are similar to mutual funds so that shouldnt be an issue. Stick with boring low cost index funds and you will be fine. Tax efficient funds are preferable. What do you have in a taxable acco...
by Thecallofduty
Tue Jan 29, 2019 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: A Tax Question
Replies: 11
Views: 942

Re: A Tax Question

They have a lien on the house? Im not an expert so I recommend you consult one but its either you pay them off completely before house is sold or they take that amount at the time of closing when its sold.
by Thecallofduty
Tue Jan 29, 2019 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Max out retirment funds before saving for kid's college?
Replies: 54
Views: 2762

Re: Max out retirment funds before saving for kid's college?

I agree with those that have stated to max your retirements first prior to considering a 529 Plan. Compounding interest is on your side if you do that. Any extra money after that feel free to add to taxable account or 529 for purpose of college fund. You can cash flow college by holding back extra r...
by Thecallofduty
Tue Jan 29, 2019 12:51 am
Forum: Personal Finance (Not Investing)
Topic: Job Transfer Quandary
Replies: 8
Views: 849

Re: Job Transfer Quandary

You have a nice emergecy fund saved up. It seems you do not want to relocate but would be willing to for the job stability if needed. Is this relocation job already a sure thing offered or something to be discussed still? Are you going to negotiate anything at your meeting or at least try to ask for...
by Thecallofduty
Tue Jan 29, 2019 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Saying hello and hoping for guidance
Replies: 95
Views: 5599

Re: Saying hello and hoping for guidance

Really good points mentioned above. Let us know more bout 401k and is there a company match? At a minimum he should be putting money into what the company matches. And yea, would be good to know if a pension is offered through his work. Feel free to post what funds and expense ratios are offered in ...
by Thecallofduty
Mon Jan 28, 2019 6:12 pm
Forum: Personal Investments
Topic: TransAmerica 401K Recommendations
Replies: 10
Views: 1159

Re: TransAmerica 401K Recommendations

Thanks for catching my error.

i edited my original post. Im sure I put numbers incorrectly the first time. I just used an online calculator right now to verify: it was $4646, not 50k.


So basically minimal difference over 30 years.
by Thecallofduty
Mon Jan 28, 2019 3:55 pm
Forum: Personal Investments
Topic: TransAmerica 401K Recommendations
Replies: 10
Views: 1159

Re: TransAmerica 401K Recommendations

Good job thinking bout your future so early. Its probably easier to just use the target date funds. Im all for the 3 fund portfolio if you wanted to do that as well. Edit:deleted If it was me I would be at 90-100 equities. Put it in target date fund and make everything automatic. 21 years old is a n...
by Thecallofduty
Sun Jan 27, 2019 11:28 pm
Forum: Personal Investments
Topic: Investing a lump sum in Jan 2019?
Replies: 5
Views: 802

Re: Investing a lump sum in Jan 2019?

Invest it all at once. The math backs it up. Dont worry bout the “noise” with how markets are doing now or even yearly. Set it and keep adding if you can regularly or just set it and forget it unless you plan to tax loss harvest in future.
by Thecallofduty
Sun Jan 27, 2019 11:25 pm
Forum: Personal Investments
Topic: 29yo Military - Help, AA across Roth TSP & Roth IRA
Replies: 11
Views: 1032

Re: 29yo Military - Help, AA across Roth TSP & Roth IRA

Looks like others have given good advice already on how to rebalance and allocate future contributions.

Does everything actually make sense? Do you have any other specific questions or changes you are considering? Feel free to ask.
by Thecallofduty
Sun Jan 27, 2019 9:48 pm
Forum: US Chapters
Topic: How Did You End Up Here?
Replies: 65
Views: 6546

Re: How Did You End Up Here?

When I started working I realised I didnt understand anything financial wise. Too much schooling and not once educated on benefits of tax deferring and early savings. I looked up financial blogs. Found white coat investor( which is fantastic) , financial samurai, bogleheads, etc and the rest is hist...
by Thecallofduty
Sun Jan 27, 2019 2:38 am
Forum: Personal Consumer Issues
Topic: Did I do a terrible purchase on a used car?
Replies: 38
Views: 4491

Re: Did I do a terrible purchase on a used car?

I dont know specifics out the prius but in general it is always good to check prices with several dealers on same vehicle to make sure your in the ballbark and not donating your money to them. At least you are here now and there are tons of threads you can read bout how to proceed next time moving f...
by Thecallofduty
Sun Jan 27, 2019 1:48 am
Forum: Investing - Theory, News & General
Topic: What type of account to open first for a newborn?
Replies: 16
Views: 1647

Re: What type of account to open first for a newborn?

Most people put money in the 529 for state deductions and tax free growth if used for withdrawl on college expense. Worst case ur kid doesnt go to school- u can withdraw ur contributions without penalty (someone fact check me) but are penalized on the withdrawl of any investment growth. As stated fo...
by Thecallofduty
Sun Jan 27, 2019 1:42 am
Forum: Personal Investments
Topic: 29yo Military - Help, AA across Roth TSP & Roth IRA
Replies: 11
Views: 1032

Re: 29yo Military - Help, AA across Roth TSP & Roth IRA

The total portfolio approach is very simple once you wrap your head around it. And no need to stress as you can rebalance within ur tax sheltered plans. You said ur not interested in target date so I can propbably respond tomorrow on how to allocate everything when i have some time. :sharebeer
by Thecallofduty
Sat Jan 26, 2019 4:28 pm
Forum: Personal Investments
Topic: Where to invest now?
Replies: 10
Views: 1168

Re: Where to invest now?

Have you come up with a specific desired asset allocation? Can give better feedback if we know your specific goals.
by Thecallofduty
Sat Jan 26, 2019 4:35 am
Forum: Personal Investments
Topic: Investing in a rental property - first time investor
Replies: 21
Views: 1896

Re: Investing in a rental property - first time investor

I think you have the right mind set and encourage you to go into real estate investing if you are interested in it. I do not believe the current offer will be a good real estate experience you. Try to get some hands on experience and see if you like it. If feasible, Look for a place within 1-1.5 hou...
by Thecallofduty
Fri Jan 25, 2019 9:03 am
Forum: Personal Consumer Issues
Topic: Advice on how to change dentists
Replies: 25
Views: 1998

Re: Advice on how to change dentists

Hey.

If the dentist needs anything, which is unlikely, their office can simply obtain records for you and you would probably have to sign a waiver from your old office saying its ok to release ur records.

I think its panoramic xrays you are due for.
by Thecallofduty
Fri Jan 25, 2019 7:29 am
Forum: Personal Investments
Topic: Private business investment opportunity
Replies: 19
Views: 943

Re: Private business investment opportunity

Watch a few eipsoses of “American Greed”. :D
Always be skeptic.
And yea know the background history of people you are thinking of doing business with. What businesses they had, where they have been employed, criminal history, etc.
by Thecallofduty
Fri Jan 25, 2019 5:43 am
Forum: Personal Investments
Topic: Private business investment opportunity
Replies: 19
Views: 943

Re: Private business investment opportunity

I know you may not want to give specific details but what type of business deal are we talking bout? What sector? Do you have any type of background in this investment offer? Have you done any checks on these people that would like your money? -One basic rule: Nothing is official till its in writing...
by Thecallofduty
Thu Jan 24, 2019 7:35 pm
Forum: Personal Investments
Topic: Transferred Edward Jones funds to Vanguard , should I exchange them for Vanguard funds ?
Replies: 33
Views: 2847

Re: Transferred Edward Jones funds to Vanguard , should I exchange them for Vanguard funds ?

Agree with above posters. If this is an IRA, sell and buy targetdate fund.

And one more thing. Take ur time! Theres no hurry to do anything right this second. Read the wiki and feel free to post more info and questions.
by Thecallofduty
Thu Jan 24, 2019 3:07 pm
Forum: Personal Investments
Topic: Help me Set It and Forget It (Three Fund portfolio?)
Replies: 7
Views: 928

Re: Help me Set It and Forget It (Three Fund portfolio?)

Do what Klangfool said.
Easy,simple, done. :D
by Thecallofduty
Wed Jan 23, 2019 11:45 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 626
Views: 85246

Re: What lifestyle creep made you happier?

DELIVERY SERVICE :sharebeer
we have kids. I no longer spend 2 hours on my first day off work going grocery shopping. i save time by having groceries delivered. Worth every penny. Its a life changer.



- based on other replies maybe we should hire cleaning service. Seems to be the consistent theme
by Thecallofduty
Wed Jan 23, 2019 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 118
Views: 10859

Re: Need Advice - quit 6-figure job to do coding school?

You have a great thing going on right now. Sounds like a great job.

See if you can do extra schooling/training while at your current job but I would not suggest quitting and starting over.
by Thecallofduty
Wed Jan 23, 2019 5:34 am
Forum: Personal Investments
Topic: Seeking Asset Location Advice
Replies: 15
Views: 1664

Re: Seeking Asset Location Advice

I will try my best to help. Goal is to keep it as simple as possible and choosing low cost funds available. I would not have invested funds in a 401k or ira in a money market fund. Those should be in emergency type funds. You also have plenty of tax deferred space for bonds so not really seeing need...
by Thecallofduty
Wed Jan 23, 2019 4:43 am
Forum: Personal Investments
Topic: 401K Allocations
Replies: 12
Views: 865

Re: 401K Allocations

Do you have any other retirement savings in other accounts or plans to do so? This would make a difference in making suggestions as to which funds may suit you best. Also you say you want to be aggressive; have you set up an asset allocation? Have you just started working and when do you anticipate ...
by Thecallofduty
Wed Jan 23, 2019 4:34 am
Forum: Personal Investments
Topic: Where to allocate real estate capital gain
Replies: 6
Views: 627

Re: Where to allocate real estate capital gain

Hi. I agree that if your time horizon is around 15 years before you need the money then placing in tax efficient stock index fund is a good way to go. If you want just to keep the money safe on the side and secured and have very low risk of potentially losing returns then Cds or money market funds m...
by Thecallofduty
Tue Jan 22, 2019 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: USAA Auto Premiums Up Exactly 10% in 3 Consecutive Renewals?
Replies: 46
Views: 6035

Re: USAA Auto Premiums Up Exactly 10% in 3 Consecutive Renewals?

Great job at getting other quotes! I wish I had done this sooner but sometimes you are comfortable and leave things on autopilot. I had geico insurance for many years, really liked them and they were great with resolving any issue. Then for no reason I got some consecutive rate hikes. I shopped arou...
by Thecallofduty
Tue Jan 22, 2019 1:52 am
Forum: Personal Finance (Not Investing)
Topic: First time renting a house from landlord: What to check?
Replies: 11
Views: 1225

Re: First time renting a house from landlord: What to check?

I have rented before and have been a landlord of a single family home: My basic thoughts here: - As stated above just perform a very detailed inspection of the house with the condition of everything. Take pictures or videos and keep till your deposit has been returned after moving out. I am sure you...
by Thecallofduty
Tue Jan 22, 2019 1:03 am
Forum: Personal Investments
Topic: Advice on getting started
Replies: 10
Views: 1364

Re: Advice on getting started

My thoughts: - 401k should hold all bonds in your situation. No need to place in taxable account. -If taxes are gonna be lower in retirement then Tira is the way to go. - Think of all of yours and her account as one pot. Your aiming for 70/30 or 80/20 AA. Up to you on how aggressive you want to be. ...
by Thecallofduty
Tue Jan 22, 2019 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Can I contest a medical bill with doctor's office if insurance says it's not covered?
Replies: 29
Views: 2869

Re: Can I contest a medical bill with doctor's office if insurance says it's not covered?

Be prepared for lots of phone calls if you want this resolved. My thoughts: #1- Ask to speak directly with your physician. Since they told you this was routine blood work make sure it really was. Perhaps an assistant said something that sound right to them but its improtant you hear directly from th...
by Thecallofduty
Mon Jan 21, 2019 9:10 pm
Forum: Personal Investments
Topic: Emergency Savings
Replies: 24
Views: 2630

Re: Emergency Savings

There have been great detailed responses above into why you may choose one place to park your money versus another.

I favor simplicity. I have a taxable account with vanguard so I keep my emergency fund in vanguard prime money market.
by Thecallofduty
Mon Jan 21, 2019 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Credit card debt planning - advice
Replies: 10
Views: 735

Re: Help with Credit card debt planning - advice

Based on what info you have provided to us this is what i would
Do:


If your job is stable and dont anticipate any major changes in near future I would use the emerency fund to help pay off the debt. That should make whever debt is left over much more manageable and build back up your EF.