Search found 206 matches

by SC Hoosier
Fri Jan 18, 2013 8:28 am
Forum: Personal Consumer Issues
Topic: Things to beware with septic pumpout?
Replies: 21
Views: 15335

Re: Things to beware with septic pumpout?

A septic man once told me the best thing for your tank is to get a gallon of milk, unopened, leave it out (unrefridgerated) for a few days, pour it down the toilet and flush. He said that the bacteria this provides eats away the solids in the tank. I would do this every couple years.
by SC Hoosier
Fri Nov 30, 2012 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401K vs Standard 401K
Replies: 19
Views: 9239

Re: Roth 401K vs Standard 401K

With standard deductions and exemptions, a couple wouldn't start paying taxes until they reach almost $20,000 in income. This is a helpful tool that I use often:http://turbotax.intuit.com/tax-tools/ca ... taxcaster/
by SC Hoosier
Tue Nov 20, 2012 8:18 am
Forum: Personal Consumer Issues
Topic: Farming and Homesteading Thoughts/Advice?
Replies: 27
Views: 2400

Re: Farming and Homesteading Thoughts/Advice?

I grew up on a farm and I also think you are asking for a financial beating. When I was a kid, lots of my friend's fathers had 100-200 acre farms. By the time I graduated (1990's) most had quit farming and gotten jobs. People with the idea of homesteading often forget the standard of living that spe...
by SC Hoosier
Fri Sep 07, 2012 7:09 am
Forum: Personal Consumer Issues
Topic: 5K or 3K oil change?
Replies: 91
Views: 15929

Re: 5K or 3K oil change?

I do it every 3k miles. My dad told me when I was young "Oil is cheap. Do this to extend the life of your engines." I've never had a major engine repair and I drive cars that are 5-10 years old. Since I don't buy new cars, I don't know if the previous owner had the oil changed often or not. I change...
by SC Hoosier
Mon Sep 03, 2012 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: I have ROTH 401k option through work but numbers dont work!
Replies: 15
Views: 2980

Re: I have ROTH 401k option through work but numbers dont wo

The average income of a Boglehead is probably higher than average, but last I heard the average household income in the United States was around $50,000/yr. I think most of us here believe traditional 401k is best - unless you are in a very low tax bracket (15% or lower). For a married couple the 15...
by SC Hoosier
Mon Sep 03, 2012 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: If you retired on $90k/year????
Replies: 55
Views: 9023

Re: If you retired on $90k/year????

Is this taxable? If so, the TurboTax Taxcaster, http://turbotax.intuit.com/tax-tools/calculators/taxcaster/, says that federal taxes will reduce that amount by $9,500. State taxes depend on your state of course. This brings me to a question: Do states tax Roth IRA withdrawals? Maybe this should be a...