Search found 1376 matches

by Texanbybirth
Fri May 22, 2015 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Not able to max out all the retirement accounts
Replies: 69
Views: 7732

Re: Not able to max out all the retirement accounts

Reading share your net worth progression post makes us very nervous about our retirement accounts. We were just too heavy in real estate before we found this site. Rule #0 of Bogleheads: Do not compare your net worth with other Bogleheads. Depression will ensue! :oops: +100 OP, thank you for being ...
by Texanbybirth
Fri May 22, 2015 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Career Advice: Follow "Passion" or Follow the Money?
Replies: 74
Views: 9102

Re: Career Advice: Follow "Passion" or Follow the Money?

I apologize for the length of this article, but I really hope to solicit the opinions of like-minded individuals on this board. So... what would you do if you were me? To summarize, I am working in R&D and thinking of switching to management consulting. I am not sure about this move because I am no...
by Texanbybirth
Wed May 20, 2015 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Old HSA Question
Replies: 3
Views: 574

Old HSA Question

We are switching from a HDHP to a non-HDHP situation come June 1st. I have recurring high cost prescriptions that eat into our monthly budget in such a way that an HSA doesn't make sense for our situation. We're looking forward to the co-pay on these prescrips and doctor's visits for a our new littl...
by Texanbybirth
Tue May 19, 2015 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Living on last months income.
Replies: 33
Views: 10613

Re: Living on last months income.

I'm the opposite. I live on next month's income by putting most expenses on credit cards. But I have an emergency fund and my income does not fluctuate month to month. Same here, though I never really thought about it like that. That makes the emergency fund even more important! :idea: :shock: Howe...
by Texanbybirth
Thu May 14, 2015 12:35 pm
Forum: Investing - Theory, News & General
Topic: Poll: Average E/R [Expense Ratio]
Replies: 49
Views: 11181

Re: Poll: Average E/R [Expense Ratio]

VFIFX - Investor Class is our only investment: so that was easy. 8-)
by Texanbybirth
Wed May 13, 2015 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Texas Tuition Promise Fund
Replies: 4
Views: 2485

Texas Tuition Promise Fund

Hi all, Does anyone have any experience with the Texas Tuition Promise Fund (TTPF)? Have you purchased/used tuition units through this fund? If so, do you have any advice for someone considering this route? (Please note this is separate from the closed Texas Tomorrow Fund.) We've been mulling differ...
by Texanbybirth
Wed May 13, 2015 9:32 am
Forum: Personal Consumer Issues
Topic: I Hate Vacations
Replies: 113
Views: 19515

Re: I Hate Vacations

My wife and I take a couple of vacations a year: to visit her family in Florida once or twice, and then to visit a city or two that we've never visited. I actually agree with the OP that taking a week off at a time is kinda stressful. We're doing it this summer, and I kinda feel pressure to make it ...
by Texanbybirth
Tue May 12, 2015 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Closing on house in less then 30 days- bad idea?
Replies: 24
Views: 16645

Re: Closing on house in less then 30 days- bad idea?

We are in Seattle and first time home buyers- crazy real estate market up here and about to make our first offer. My real estate agent is insistent we need to offer a closing date of 21 days to remain competitive with cash offers, and we are already offering 50k earnest money with no finance contin...
by Texanbybirth
Fri May 08, 2015 8:52 am
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 60515

Re: much ado about coasting (through life)

I think it's in our nature as human persons to want to pursue a vocation: be it a family, a career, a traveling lifestyle, a service project, a home business. As Aristotle put it, everything we do we do in pursuit of happiness. Honestly, I think it's a little strange that you can sit on your couch w...
by Texanbybirth
Thu May 07, 2015 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Paying off student loans by selling house
Replies: 43
Views: 6244

Re: Paying off student loans by selling house

We had a similar situation when we got married a couple years ago. I didn't have a mortgage, but I had a substantially higher income (and potential) than my wife did. It was never a question of "her debt vs my debt". I knew that once we got married it was "our debt". We were able to tackle a mid fiv...
by Texanbybirth
Thu Apr 30, 2015 6:46 pm
Forum: Personal Investments
Topic: How should I save for a house???
Replies: 17
Views: 2061

Re: How should I save for a house???

A couple of personal observations: - You say you've been living the frugal lifestyle for about 2 months. Do you think that is really long enough for y'all to make sure it's right for you/that you can stick to your budgets? You haven't experienced the holiday season, for instance, to test your spendi...
by Texanbybirth
Tue Apr 28, 2015 10:24 am
Forum: Personal Investments
Topic: Rollover IRA/College Fund
Replies: 3
Views: 482

Re: Rollover IRA/College Fund

If the $13k in the 403b was planned on being used for college, and you're hitting your retirement goals, than you could take the next $13k that you planned on putting in the 401k, and put that into a 529 or Roth. Or directly roll over the balance into a Roth if allowed. That way, you've basically r...
by Texanbybirth
Tue Apr 28, 2015 8:35 am
Forum: Personal Investments
Topic: Rollover IRA/College Fund
Replies: 3
Views: 482

Rollover IRA/College Fund

Good morning all, I'm looking for advice regarding how to look at an old retirement account vis a vis saving for college. My wife recently stopped working to take of our child(ren), and she doesn't have any plans to return to full-time work in the future. However, she has a 403(b) Thrift plan at Mut...
by Texanbybirth
Thu Apr 23, 2015 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage and splitting expenses
Replies: 112
Views: 13607

Re: Marriage and splitting expenses

Having a shared plan that works for both of you is more important than what "we" think. If you want a long term plan that is legally equitable for each person; draw up a divorce financial settlement according to your state laws and work off that as a plan. Otherwise, you can count me in the wallowi...
by Texanbybirth
Wed Apr 22, 2015 12:35 pm
Forum: Personal Investments
Topic: Should I make Roth contributions to 401k?
Replies: 28
Views: 3201

Re: Should I make Roth contributions to 401k?

Thanks VortexStreet and ogd. I hope I didn't highjack the other dude's thread with my questions, but this discussion has helped me immensely.

EDIT: A Roth IRA seems "sexy" to me, but I don't think it's right for our family at the time! :beer
by Texanbybirth
Wed Apr 22, 2015 9:17 am
Forum: Personal Investments
Topic: Should I make Roth contributions to 401k?
Replies: 28
Views: 3201

Re: Should I make Roth contributions to 401k?

Yes, to your first point. You are saving by not paying taxes 25% of the amount you put in traditional, so you could be putting in more and ending up with the same paycheck. To your second point: if we flip the script and put me in the 15% tax bracket now and 25% tax bracket at retirement, then the ...
by Texanbybirth
Wed Apr 22, 2015 8:40 am
Forum: Personal Investments
Topic: Should I make Roth contributions to 401k?
Replies: 28
Views: 3201

Re: Should I make Roth contributions to 401k?

You may wish to leave this box unchecked if you have no ability or desire to create an additional investment account outside of your 401(k)." This only makes sense if you are maxing out your 401k, otherwise you could just increase your traditional 401k contributions so that your take home pay is th...
by Texanbybirth
Tue Apr 21, 2015 9:18 am
Forum: Personal Investments
Topic: Should I make Roth contributions to 401k?
Replies: 28
Views: 3201

Re: Should I make Roth contributions to 401k?

Thank you for posting this calculator! I've also been considering switching from contributing solely to our traditional 401(k) over to contributing to both, but our income situation is different from yours. I noticed in the definitions at the bottom it says the following: "Invest traditional tax-sav...
by Texanbybirth
Fri Apr 17, 2015 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Would you invest your house down payment?
Replies: 22
Views: 4630

Re: Would you invest your house down payment?

do it all the time, eh? Are you from the Canadian part of Texas? Religion, politics, and money always seem to get people fired up in real life, so this is a great outlet. Maybe that is why we are not allowed to discuss religion or politics on this board. I am going to echo livesoft's view on the "g...
by Texanbybirth
Fri Apr 17, 2015 8:27 am
Forum: Personal Investments
Topic: House down payment vs. more retirement savings
Replies: 19
Views: 3344

Re: House down payment vs. more retirement savings

Time-wise, if you pay off your student loans and save for a house with your leftover each month, you're looking at...~20 months? This could be shortened if you had any drive/ideas to decrease spending. You'll have to figure out with your wife if a house is a priority in the next couple years, given ...
by Texanbybirth
Fri Apr 17, 2015 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Would you invest your house down payment?
Replies: 22
Views: 4630

Re: Would you invest your house down payment?

THANK YOU for all of the comments and advice. It's nice to be able to talk about this stuff, even if it is on a message board. Religion, politics, and money always seem to get people fired up in real life, so this is a great outlet. I would consider my first topic here a success. :D
by Texanbybirth
Thu Apr 16, 2015 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Would you invest your house down payment?
Replies: 22
Views: 4630

Re: Would you invest your house down payment?

As a follow-up: I've been (sometimes more than) a little bummed about being 30 and not owning (or on our way to owning) a home. I've got a great family, great job, healthy financial picture/plan, and a really enjoyable life. But I have a little voice on my shoulder telling me I'm a failure because I...
by Texanbybirth
Thu Apr 16, 2015 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Would you invest your house down payment?
Replies: 22
Views: 4630

Re: Would you invest your house down payment?

Howdy! On the down payment, I think everyone is right when they say if you can't hold off on a home purchase when the market crashes, you shouldn't invest the funds. For whatever it's worth, I put money I was thinking about putting toward a house into a taxable account in 2007, bought a house in 20...
by Texanbybirth
Wed Apr 15, 2015 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Would you invest your house down payment?
Replies: 22
Views: 4630

Re: Would you invest your house down payment?

Wow those are about the two most differing opinions I could think of! I like the idea of asking my wife first. I would OF COURSE do that, but it is kinda funny to think of her reaction. :D :shock: I think I will ask her to take the Vanguard Risk survey, even though I do almost all of the analytics s...
by Texanbybirth
Wed Apr 15, 2015 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Would you invest your house down payment?
Replies: 22
Views: 4630

Would you invest your house down payment?

Hellooooo Bogleheads! I'm a new member here and would like some thoughts on a couple of questions. Would you invest your down payment money for a house? I'm thinking the Vanguard LifeStrategy Moderate Growth Fund (VSMGX). I like its 60/40 split with int'l exposure, versus the more aggressive or cons...
by Texanbybirth
Tue Apr 14, 2015 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: How to [Financially] Prepare for a Baby
Replies: 42
Views: 17038

Re: How to Prepare for a Baby

This can be really expensive or really cheap. And, for the most part, it's out of your hands (at least on the first child). If your wife is anything like mine or any other wives of anyone else I know, she will no doubt have very strong opinions on baby clothes / toys / furniture / etc... and good l...