Personal Finance (Not Investing) • Thoughts on family budget
You've made the importance of the private school clear up front, but that's obviously the big lever. Perhaps it's one of those things where 80% of the effect is achieved with the K-5 component? Switch...
View ArticlePersonal Finance (Not Investing) • How do you calculate how much term life...
There are a million calculators and they gave me various answers. Don’t overlook SS benefits in considering available income. At the end of the day I think this is one place where a rule of thumb of...
View ArticleInvesting - Theory, News & General • Vanguard IT Pretty Sad vs. Schwab
I personally agree with the OP. Vanguard's IT is way behind competitors. Some of us might find that irrelevant - good for them -, and some of us might find it annoying or downright infuriating. I was...
View ArticlePersonal Finance (Not Investing) • Back Door Roth Conversion from Inherited IRA
Do you have Compensation (as defined there) that allows an IRA contribution? If so, then yes you can do what want (provided you don't make any other IRA contributions).Statistics: Posted by FiveK —...
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Personal Investments • Backdoor Roth - Pro Rata Calculation Account Types In...
Neither a taxable brokerage account nor pension income is included on line 6 of Form 8606, so yes you are fine. Statistics: Posted by FiveK — Wed Jan 03, 2024 3:24 am — Replies 1 — Views 157
View ArticleNon-US Investing • [Norway] Best equivalent of Vanguard target date for...
Even reading the wiki at this point for tax purposes it's not clear if the US tax rules are so painful that the taxes on any dividend and short-term/long-term gain sales in a brokerage account with...
View ArticlePersonal Investments • Funding Parent's Retirement: Cashflow it or Use Bonds?
Hello OP,First thing: ****You do not want to subject your parents to Medicaid****What are their total assets?Do they have any debt?What are their retirement savings/investments?Statistics: Posted by...
View ArticlePersonal Consumer Issues • Is Solar Worth It?
Sure, I have a couple weeks of Firewood on hand for my woodstove, and an all electric house.Edited to add: I personally tend to throw cold water on solar (or other projects) unless the simple payback...
View ArticleInvesting - Theory, News & General • The Final, Definitive Thread on...
Thank you sm & pg.Statistics: Posted by cashbogey — Thu Jan 04, 2024 3:09 am — Replies 7117 — Views 1025034
View ArticlePersonal Finance (Not Investing) • Fidelity as a one stop shop
I have opened an additional Fidelity brokerage account and will begin using it as a cash management account, have my paycheck direct deposited and begin using billpay with it. I would like to set...
View ArticlePersonal Finance (Not Investing) • Super awkward new employer situation
Thank you everyone for helping me navigate this situation. Your perspectives are really helping me.I met with the department director who now has to discuss things with our editor-in-chief (who might...
View ArticlePersonal Investments • Appointment with local Fidelity Rep: should I bother?
My local fidelity office rep called and offered to set up a "no strings attached" appointment to review my portfolio, since I am a "high net worth client". They're within walking distance, so I'm...
View ArticlePersonal Finance (Not Investing) • $700k Tax Bill
I co-founded an 125 person company, we hired one of the largest accountancies in the world for our corporate taxes and eventually they convinced us to pay their (exorbitant) fees to prepare our...
View ArticlePersonal Investments • Boglehead's remorse?
I've been in the Boglehead camp since 2019 From your post I tried to build a simple timeline of events. 2019, $350K (and now claiming to be a boglehead).2019, Starting that year, I began selling off...
View ArticlePersonal Finance (Not Investing) • Share your net worth progression
2013 (age 34) - Found a piece of paper in my nightstand dated Sept. 13, 2013 with the following information: Equity in home based on purchase price - $191,641.94 Equity in home based on current value...
View ArticlePersonal Finance (Not Investing) • Scholarship/FAFSA Experience for Higher...
My suggestion is to focus on having children who excel academically. My guess is that you can afford college when the time comes.So basically no aid for expensive schools unless it’s merit. My worry...
View ArticlePersonal Investments • HSA in New Jersey Question
Thank you grabiner, the tricky part would be what kind of fund to hold. Since in our 401ks we both have vanguard target date fund 2055. The HSA does have that option as well but for tax purposes would...
View ArticlePersonal Finance (Not Investing) • When to file for unemployment with a...
File the first day actually unemployedYou might get a new job in these weeks. You should be treating job hunting as your primary job over this timeStatistics: Posted by CaptainT — Thu Jan 04, 2024...
View ArticlePersonal Consumer Issues • Advice caring for new black car?
DO NOT CLAY THIS CAR!!!! <-- super key point & I had to get that out.I've been detailing my own cars for 20 years and been through every one of the fads, talked to chemists, etc and here's the...
View ArticlePersonal Investments • Duplicating a AUM account?
I interned for a year at a fee only AUM advisor in my town. They now manage about $ 1B in assets and overall charge about .62% a year in fees. That means they take about 6.2M a year in fees out of...
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