Search found 4744 matches

by cherijoh
Sun Jun 03, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: Need advice on 1st international vacation
Replies: 106
Views: 5607

Re: Need advice on 1st international vacation

My wife and I are looking to plan our first international trip. We are looking for a 7-10 day vacation in a safe area where English will be commonly spoken. I guess the first place that comes to mind is London, but we are really considering several options such as Rome/Florence/Venice, Cape Town So...
by cherijoh
Sun Jun 03, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: Need advice on 1st international vacation
Replies: 106
Views: 5607

Re: Need advice on 1st international vacation

My wife and I are looking to plan our first international trip. We are looking for a 7-10 day vacation in a safe area where English will be commonly spoken. I guess the first place that comes to mind is London, but we are really considering several options such as Rome/Florence/Venice, Cape Town So...
by cherijoh
Sun Jun 03, 2018 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Bonds in Roth IRA
Replies: 24
Views: 1454

Re: Bonds in Roth IRA

Hard to know based on only the information presented. How large a bond portion are you looking for? Could you hold more "good" bonds in your 401k? How much of the Roth space would be used for bonds? Do you have a taxable account? Her Roth-IRA represents about 20% of the total. I'm thinking a 70/30 ...
by cherijoh
Sun Jun 03, 2018 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Thanks Bogleheads - Mega Backdoor Roth FTW
Replies: 25
Views: 2303

Re: Thanks Bogleheads - Mega Backdoor Roth FTW

Is the next step to look at my employers plan and see if I am allowed? Yes. Great thing to do if you can, but not all plans include it. And the important thing is whether your employer's plan allows it. Which custodian they use is NOT the controlling factor. Just looking at the plan documents, ther...
by cherijoh
Sat Jun 02, 2018 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Thanks Bogleheads - Mega Backdoor Roth FTW
Replies: 25
Views: 2303

Re: Thanks Bogleheads - Mega Backdoor Roth FTW

FiveK wrote:
Sat Jun 02, 2018 1:29 pm
Cycle wrote:
Sat Jun 02, 2018 1:20 pm
Is the next step to look at my employers plan and see if I am allowed?
Yes. Great thing to do if you can, but not all plans include it.
And the important thing is whether your employer's plan allows it. Which custodian they use is NOT the controlling factor.
by cherijoh
Sat Jun 02, 2018 7:25 pm
Forum: Personal Consumer Issues
Topic: 6 hour layover on Heathrow
Replies: 42
Views: 3267

Re: 6 hour layover on Heathrow

My experience has been that it takes 3 hours to change planes in Heathrow. As far as European airports go, Munich sits on one extreme in terms of efficiency; Heathrow is on the other. Agree 100%. The differences are even more stark if you compare the trains - Britrail to the Deutche Bundesbahn!
by cherijoh
Sat Jun 02, 2018 7:20 pm
Forum: Personal Consumer Issues
Topic: 6 hour layover on Heathrow
Replies: 42
Views: 3267

Re: 6 hour layover on Heathrow

Your layover is just the wrong length. A little shorter and it would be a nice safety margin in case your flight was late and you got stuck in a line in Immigration & customs. A little longer and you would be assured of enough time to see something in London. Even if you are only taking carry-on lug...
by cherijoh
Sat Jun 02, 2018 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Difference between Tradional and Rollover IRA
Replies: 14
Views: 1158

Re: Difference between Tradional and Rollover IRA

Please help me understand the difference between my tira and rIRA. I have both in my Vanguard holdings and am not sure why. I know that the RO was set up when I left a past employer , but I guess I don’t know why it wasn’t just added or rolled into my Traditional account. Is there a reason behind t...
by cherijoh
Sat Jun 02, 2018 7:07 am
Forum: Investing - Help with Personal Investments
Topic: Rental property sanity check
Replies: 6
Views: 798

Re: Rental property sanity check

I'm going through the mental processes of purchasing my first rental property, in another state no less. I know real estate is a local thing, so everything depends, but I still wouldn't mind input; I especially would appreciate anyone willing to read the rambling below and let me know if my calcula...
by cherijoh
Fri Jun 01, 2018 9:30 am
Forum: Personal Consumer Issues
Topic: Please help with grocery budget
Replies: 51
Views: 4111

Re: Please help with grocery budget

Finally I cook everything (I had to learn to cook well) and eat mostly vegetarian...I use recipes (meals are heavy on veggies) that are easy, quick, and include accessible and inexpensive ingredients. +1 Cutting your meat consumption will typically make a big dent in your food bills. I make a weekl...
by cherijoh
Thu May 31, 2018 7:11 am
Forum: Personal Finance (Not Investing)
Topic: get sued for posting nagative online review?
Replies: 64
Views: 6862

Re: get sued for posting nagative online review?

This thread reminds me of the Texas wedding photographer who successfully sued a couple who trashed her online. Here is a link to the story. In that case, the customer was a blogger and she totally ruined the photographer's business. The blogger also put it in writing that she was trying to put the ...
by cherijoh
Wed May 30, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: "Reversing" 401k to get match at new job?
Replies: 20
Views: 1523

Re: "Reversing" 401k to get match at new job?

Here's a link to a thread on the same topic from last week.
by cherijoh
Wed May 30, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: Roadside assistance coverage?
Replies: 12
Views: 624

Re: Roadside assistance coverage?

My biggest concern with using a road-side assistance program from an insurance company is how many vendors are enrolled in their program. AAA has the advantage of a deep bench almost everywhere. I was disappointed with response time the one time when I used my insurance tow assistance (which offered...
by cherijoh
Wed May 30, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Owning house in a trust?
Replies: 34
Views: 4340

Re: Owning house in a trust?

... Google Florida legal probate fees discussed in NOLO, for a brief explanation of the possible legal costs of probate in that state. Probating a Will in Florida is generally not particularly difficult, expensive or burdensome. We probate lots of Wills throughout Florida. The forms are the same th...
by cherijoh
Wed May 30, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Lump sum Vs Annuity
Replies: 9
Views: 537

Re: Lump sum Vs Annuity

I've never seen a pension option like # 2. (It's weird they call it "Uniform" because it is just the opposite!) To compute its 3.3% IRR I had to copy the survival weights from my longevity estimator to a separate spreadsheet and slot in the larger benefit for the first six years and the smaller ben...
by cherijoh
Wed May 30, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Lump sum Vs Annuity
Replies: 9
Views: 537

Re: Lump sum Vs Annuity

I would like to begin receiving $1400/ month once it is rolled over. I would avoid doing this if at all possible. You are still working, and plan to for another 8 to 10 years. A $1,400 draw on 450k is about 3.73%. If the $1,400 is after tax your draw will need to be larger. The purpose of the lump ...
by cherijoh
Tue May 29, 2018 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Can we retire in 2018?
Replies: 103
Views: 8331

Re: Can we retire in 2018?

Expected annual expenses: $50,000 per year We would both need to obtain healthcare coverage. Is your estimate for healthcare expenses included in the $50,000 per year? We were wondering if retirement is a good idea in 2018. Retirement is always a good idea. If your estimates are correct, you should...
by cherijoh
Mon May 28, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Starting out
Replies: 19
Views: 2728

Re: Starting out

Married 34yo, wife stay-at-home and 1 child 9mo. Years worked 7, I would like to state roughly my avg. gross around 90K for this period. My current portfolio: Cash in Checking/Savings: 13k Fidelity 401k current: 28k (not maxing out due to the fact that I am not US citizen, and things are uncertain ...
by cherijoh
Sun May 27, 2018 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring and have questions about retirement accounts
Replies: 8
Views: 954

Re: Retiring and have questions about retirement accounts

It sounds like you are terminating employment and will rehire later on a limited basis. You should be able to roll your 401k to IRA and start using the 457b. You can only use the IRA (penalty free) under a SEPP agreement (unless disabled) and that can be a slippery slope. I don't recommend doing th...
by cherijoh
Sun May 27, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: electrical outlet dead; fuse not tripped
Replies: 23
Views: 1493

Re: electrical outlet dead; fuse not tripped

I have a set of electrical outlets in the basement that is now dead. None of breakers tripped. That was my first thought. Both the upper and lower outlet are dead. t is not GFCI. Is it on a circuit downstream from a GFCI outlet? The GFCI outlet may be tripped which will kill the downstream non-GFCI...
by cherijoh
Sun May 27, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 152
Views: 12394

Re: Helping Adult Children (but not too much)

There is no right way --each parent must look at their parenting philosophy, their children's personality, work ethic and needs, their own needs and try to make good decisions. So I'm not suggesting any approach is right -- as they say "it depends" For those who expect they might leave a decent inh...
by cherijoh
Sun May 27, 2018 9:02 am
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 76
Views: 12241

Re: Why Edward Jones?

This blog post explains EJ the best I've ever read. I actually found it here on this forum: http://kronstantinople.blogspot.com/p/edward-jones-saga.html On a side note, recently in my Nextdoor neighborhood site, someone posted a request for a FA. It's amazing how many local one man, independent sho...
by cherijoh
Sat May 26, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Do I pay towards my mortgage or invest?
Replies: 45
Views: 4647

Re: Do I pay towards my mortgage or invest?

I wouldn't borrow to invest, but I would definitely hold off on paying down my mortgage if (1) I wasn't currently maxing out my tax advantaged space (i.e., tax-deferred compounding potential not wasted) OR (2) if my interest rate was low enough that I thought there was a better than decent chance t...
by cherijoh
Fri May 25, 2018 6:51 am
Forum: Investing - Help with Personal Investments
Topic: What account to withdraw from?
Replies: 8
Views: 1029

Re: What account to withdraw from?

I am 67 and fully retired. I do not take SS but do receive spousal benefits. We do need to take some extra funds to pay our bills. We only have stock funds left in our taxable accounts as we have used any cash available in these accounts. My understanding is that taxable accounts should be accessed...
by cherijoh
Fri May 25, 2018 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Keep or sell primary residence condo after job move?
Replies: 23
Views: 1630

Re: Keep or sell primary residence condo after job move?

The trials and tribulations of rental property ownership mean it's not for the feint of heart, nor for the dabbler. Bad tenants, building problems, maintenance and repair etc. Don't "drift" into becoming a rental landlord but make a positive decision to become one - treat it like a new investment. ...
by cherijoh
Fri May 25, 2018 6:22 am
Forum: Personal Finance (Not Investing)
Topic: changing job -- retirement account help please
Replies: 25
Views: 1502

Re: changing job -- retirement account help please

You want to find out two things, if you can, about the next 401k. What low cost funds (low expense ratio) are available to use? Is there any fee in addition to the expense ratio? Any annual fee, advisory fee, administrative fee, management fee? If so, how much is it? Also ask about "recordkeeping" ...
by cherijoh
Fri May 25, 2018 6:12 am
Forum: Personal Finance (Not Investing)
Topic: changing job -- retirement account help please
Replies: 25
Views: 1502

Re: changing job -- retirement account help please

I am close to changing jobs. I will be moving from an unmatched 401k to a Roth 401k with a 100% match up to 4% of my salary. I am eligible for the roth 401k after 6 moths of service which effectively puts me into 2019. So far I have contributed $11,875 into my 401k. 1) For my June paycheck I could ...
by cherijoh
Thu May 24, 2018 3:48 pm
Forum: Personal Consumer Issues
Topic: Affordable luxury ladies watch?
Replies: 21
Views: 994

Re: Affordable luxury ladies watch?

Do any exist for under $500 or so? Ideally gold or rose gold or silver so it can be a nice accessory? I get lots of compliments on a very cheap silver-tone bracelet watch that cost me ~$25 on sale. I started wearing cheap watches after I lost a nice one that I had gotten many years before as a grad...
by cherijoh
Thu May 24, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Do I pay towards my mortgage or invest?
Replies: 45
Views: 4647

Re: Do I pay towards my mortgage or invest?

Well, I am not the OP, and I have never done anything like that with as small a sum as $10K, but with much greater amounts I have: taken out HELOCs to upgrade my residence, done cash out refinances to make down payments on rental properties, and used the proceeds from other cash out refinances to i...
by cherijoh
Thu May 24, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Mega backdoor Roth to Roth 401k or Roth IRA
Replies: 9
Views: 837

Re: Mega backdoor Roth to Roth 401k or Roth IRA

You can put it directly into roth IRA: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=137366&p=3672947#p3672947 I am not sure I understand: I thought that since we are over the income limit we cannot contribute directly to a Roth IRA, so we would have to use one of the backdoor routes. Doesn'...
by cherijoh
Thu May 24, 2018 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Need help with debt strategy
Replies: 47
Views: 2616

Re: Need help with debt strategy

My daughter was in a similar situation except without a good salary in the near future. She used YNAB (You Need a Budget) and has extricated herself from almost all her debts and has savings for all upcoming expenses, including dog food, vet visits, clothes and everything you can imagine. She did t...
by cherijoh
Wed May 23, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Need help with debt strategy
Replies: 47
Views: 2616

Re: Need help with debt strategy

I would check out Dave Ramsey's Total Money Makeover book, and follow his advice to get out of debt - its a simple read and cheap if you cannot find it at your library. As Pajamas said, you should be able to knock out the credit card debt really quickly, and then get after those student loans. You ...
by cherijoh
Wed May 23, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Need help with debt strategy
Replies: 47
Views: 2616

Re: Need help with debt strategy

I don't know where to start with my debt and have struggled with finances my entire life. I am looking for advice on how to tackle my debt in the best way possible. Any information is helpful, thank you in advance. My background information is as follows: *29 Year old male in CA graduating this May...
by cherijoh
Tue May 22, 2018 7:51 am
Forum: Personal Finance (Not Investing)
Topic: How do I tell if Roth conversions are worth the trouble?
Replies: 76
Views: 6047

Re: How do I tell if Roth conversions are worth the trouble?

My wife and I both retired at age 55, and are both now 60. Our combined rIRA, tIRA, and taxable assets make it so we would be hard pressed to spend more than about 2%-2.5% each year (based on current values). So I'm not too worried about making it all work. However, I'd like to not have lots of sel...
by cherijoh
Thu May 17, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 491
Views: 28823

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

By the way guys relax I'm not out to get anyone and I'm not saying pretax is a scam or anything. I'm just trying to open up the conversation with scenarios. Personally I will have 15-20 years to convert our 401ks so I think we might come out ahead, but it will be pretty tight. If I wasn't planning ...
by cherijoh
Mon May 14, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Amazon package that can't be traced
Replies: 72
Views: 4084

Re: Amazon package that can't be traced

I have contacted Amazon and had a chat session with their customer service representative. The CSR asked me for the package identification, and I typed for him the UPS tracking number and all other mixed text strings I found on the package. The CSR told me that none of these strings represents the ...
by cherijoh
Mon May 14, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: keyless ignitions and carbon monoxide
Replies: 83
Views: 4936

Re: keyless ignitions and carbon monoxide

My understanding (when this issue surfaced a couple years ago) was that this was more of an issue specifically with hybrid vehicles, wherein the car is still running but there's no audible indication until the battery runs down and the ICE takes over . . . . We have push-button start on both our Ou...
by cherijoh
Mon May 14, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing for RMD's in 2 3/4 years
Replies: 4
Views: 544

Re: Preparing for RMD's in 2 3/4 years

My wifes Vanguard account has been TSM for all the years she has invested. I am thinking 50% Wellington and 50% Wellesley now. This way we can rebalance when necessary or take RMD based on how we feel market conditions dictate. Our thinking is that the TSM has done well and now should not be forced...
by cherijoh
Mon May 14, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: keyless ignitions and carbon monoxide
Replies: 83
Views: 4936

Re: keyless ignitions and carbon monoxide

They are easy to disable. I did so on the used outback we bought If I somehow disabled my push button start/stop, my truck would just be a lawn ornament henceforth. There's no other way to start the vehicle, without some custom aftermarket work. I believe you are misparsing, not disable push start/...
by cherijoh
Mon May 14, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Do I Still Need Disability Insurance
Replies: 6
Views: 548

Re: Do I Still Need Disability Insurance

I have a question that I think will be best answered by the collective wisdom of the Bogleheads. Thanks in advance for your help! Question: Do I still need disability insurance? Relevant Background: 38 y/o Emergency Physician who just got a renewal letter for my specialty specific long term disabil...
by cherijoh
Mon May 14, 2018 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Inherited IRA from Brokerage to Bank CD
Replies: 8
Views: 495

Re: Inherited IRA from Brokerage to Bank CD

My father (age 91) recently passed away. I am his son, age 70. I was the sole beneficiary his IRA. It's not a lot of money but it will help my wife and I. The IRA is in my name with his name listed as deceased. It is in a brokerage house and is 90% "cash" and 10% in a couple of stocks (he wanted it...
by cherijoh
Mon May 14, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: Doubling Your Money
Replies: 32
Views: 6826

Re: Doubling Your Money

$120K/year after paying off the mortgage is a pretty generous retirement income (even including taxes as it should). Is everything in a tax advantaged account or is some of it in taxable? How much of that spending is discretionary? If quite a bit of it is, you may want to invest some of the variabl...
by cherijoh
Sun May 13, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on cashing in investment
Replies: 13
Views: 1039

Re: Taxes on cashing in investment

Trying to get some info for my Dad. He is 91 and well this is important. Sadly Mom passed away a month ago. She had a JPMorgan Investment account that was in her name only. It is to be split evenly between myself, my big brother, and dad. He got the check today, sizeable amount. My question is that...
by cherijoh
Sun May 13, 2018 2:46 pm
Forum: Personal Consumer Issues
Topic: Why did Capital One 360 say my cell phone couldn't be verified?
Replies: 9
Views: 1048

Re: Why did Capital One 360 say my cell phone couldn't be verified?

It is a trac phone. That means it is considered a prepaid phone. All trac phones are. OK. Prepaid phones frequently can not be used for such verification processes. You would have the same problem with trying to obtain an IRS transcript online. You haven't been able to get a TracFone without regist...
by cherijoh
Sun May 13, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: How to Exchange Funds in Roth IRA w/o penalty
Replies: 4
Views: 316

Re: How to Exchange Funds in Roth IRA w/o penalty

Just exchange the funds. As long as they remain inside the Roth IRA no tax or penalty is incurred. I do exactly what you are proposing at vanguard multiple times a year. Just make sure that if you have other accounts at VG that you don 't pick one of them as your destination for the exchange. By de...
by cherijoh
Sun May 13, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: Doubling Your Money
Replies: 32
Views: 6826

Re: Doubling Your Money

It includes dividends. But do you understand the main points of my previous post? That returns or rather sequence of returns are highly variable? Many expect to double every 10 years and then are disappointed when they don't. I do. The reason I ask is that at age 50 we have a fair bit in our retire...
by cherijoh
Sun May 13, 2018 1:25 pm
Forum: Personal Consumer Issues
Topic: Seeing a rocket launch in FL
Replies: 15
Views: 1534

Re: Seeing a rocket launch in FL

If you plan to be in Florida a few days, try to place the launch early during your stay. Launch delays are not unlikely, and that way you'll still be there if a 1-2 day delay occurs. +1 My brother did this for a shuttle launch and the first launch was either scrapped or he needed to be back to work...
by cherijoh
Sun May 13, 2018 1:16 pm
Forum: Investing - Theory, News & General
Topic: Inherited Roth IRA question
Replies: 4
Views: 510

Re: Inherited Roth IRA question

My father passed away in 2011 and left me a roth IRA. Can I close it out and withdraw the money tax free? My Edward Jones rep (who i will soon be leaving) has me taking RMDs (~$350/yr) and I would rather just get rid of it. Holdings FRANKLIN DYNATECH FUND CL A TEMPLETON CHINA WORLD FUND CL A If so,...
by cherijoh
Sun May 13, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Cancer - tips?
Replies: 37
Views: 6889

Re: Cancer - tips?

Kristen, what an amazing and thoughtful reply. I love this forum. camillus, best wishes for a full recovery! I agree 100%. Great post Kristen and keep a positive attitude Camillus. I hadn't heard about Caring Bridge, but I have participated in one of the meal delivery apps for a friend who had a cr...
by cherijoh
Sun May 13, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Advice on building a timeless mens wardrobe?
Replies: 68
Views: 5245

Re: Advice on building a timeless mens wardrobe?

Bespoke suits and sports coats have more fabric in them in crucial places so they can be let out over time and not look bad. You may plan on getting fit and/or swear you're not gonna get fat, but life happens. It can go the other way too. TBH, you shouldn't even need to tell a competent tailor that...