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  Topic: Your favorite vacation
MrNewEngland

Replies: 31
Views: 17693

Post image iconForum: The Green Room   Posted: Thu Aug 09, 2018 12:02 am   Subject: Your favorite vacation
My best vacation was about two years ago and nowhere else I’ve ever been has ever come close. I have a friend who lived in Hawaii with his wife and they put something on Facebook asking neighbors to ...
  Topic: I am looking for some easy ways to save money for the future
MrNewEngland

Replies: 12
Views: 27180

Post image iconForum: Personal Finance   Posted: Wed Feb 28, 2018 4:06 pm   Subject: I am looking for some easy ways to save money for the future
I wouldn't save for furniture if you're buying new. Most stores offer 0% financing, I would take advantage of that.
  Topic: I'm 18 and inherited $50,000
MrNewEngland

Replies: 23
Views: 69167

Post image iconForum: Investing, Stocks and Bonds   Posted: Wed Jun 17, 2015 6:44 pm   Subject: I'm 18 and inherited $50,000
Wino woke up on the wrong side of bed.

Wino's points are actually 100% accurate, IMHO. You should give some thought to what he/she is saying. I just wish the tone wasn't so combative.
  Topic: 28y & just discovering my financial profile
MrNewEngland

Replies: 12
Views: 14089

Post image iconForum: Personal Finance   Posted: Thu Jan 29, 2015 6:57 pm   Subject: 28y & just discovering my financial profile
I would move at least 3/4 of that CD into a taxable account, SP500 Index at Vanguard, it grows tax-deferred.

Is this right?
  Topic: What to do with 30K
MrNewEngland

Replies: 23
Views: 67221

Post image iconForum: Personal Finance   Posted: Wed Jan 21, 2015 2:58 pm   Subject: What to do with 30K
you might consider paying down enough of your principle until that PMI is removed.

OTOH, that is exactly the thinking that causes lottery winners (& other lump sum recipients) to be broke in a ...
  Topic: What to do with 30K
MrNewEngland

Replies: 23
Views: 67221

Post image iconForum: Personal Finance   Posted: Tue Jan 20, 2015 3:01 pm   Subject: What to do with 30K
If you're paying a PMI on your mortgage you might consider paying down enough of your principle until that PMI is removed.

Just a thought.

EDIT TO ADD: and then take that monthly savings and ...
  Topic: What to do with 30K
MrNewEngland

Replies: 23
Views: 67221

Post image iconForum: Personal Finance   Posted: Thu Jan 15, 2015 5:56 pm   Subject: What to do with 30K
Awesome advice. I also have a 5 year old. Should I consider a 529 for college or maybe there's a better strategy? Thanks.

Welcome aboard, working monkey. I am 38 as well and have found a lot of go ...
  Topic: State Retirement Investment Plan/Retirement Plan
MrNewEngland

Replies: 8
Views: 37570

Post image iconForum: Retirement Planning   Posted: Tue Oct 14, 2014 2:38 pm   Subject: Re: State Retirement Investment Plan/Retirement Plan
I started working for the State 7 years ago and I enrolled into the State Retirement System (FRS) Investment plan. I'm about to separate from govt and go private which my new employer offers a 401k as ...
  Topic: How do I start saving?
MrNewEngland

Replies: 11
Views: 10144

Post image iconForum: Personal Finance   Posted: Fri Sep 19, 2014 2:26 pm   Subject: How do I start saving?
Make things automatic. When I started getting serious about retirement I set up my 401K to be taken out and automatic weekly deposits to be put into my IRA.

Similarly when I realized I had no emer ...
  Topic: Pay student loan or add to retirement?
MrNewEngland

Replies: 23
Views: 30239

Post image iconForum: Personal Finance   Posted: Wed Aug 20, 2014 3:12 pm   Subject: Pay student loan or add to retirement?
This argument (or at least some form of it) has been done countless times on this board.

I fall somewhere between oldguy and littleroc in terms of beliefs. Although as I get older I am more like ...
  Topic: Roth or pre-tax IRA/401K, etc?
MrNewEngland

Replies: 18
Views: 60043

Post image iconForum: Retirement Planning   Posted: Fri Jul 18, 2014 3:17 pm   Subject: Roth or pre-tax IRA/401K, etc?
The other thing to consider that recently dawned on me is that if you plan to move to Florida or a state with no income tax in retirement and you're contributing to a Roth you are paying the state tax ...
  Topic: 401k strategy
MrNewEngland

Replies: 13
Views: 48602

Post image iconForum: Retirement Planning   Posted: Fri Jul 11, 2014 2:20 pm   Subject: 401k strategy
That never would've crossed my mind to do that. Good thinking.
  Topic: 34 y.o. - how am I doing so far with retirement plan?
MrNewEngland

Replies: 13
Views: 45923

Post image iconForum: Retirement Planning   Posted: Tue Jul 08, 2014 3:51 pm   Subject: 34 y.o. - how am I doing so far with retirement plan?
When I went back I was thoroughly impressed with the package they had made up for me. They really didn't try to sell me on insurance that much either. If you have State Farm it might be worth your tim ...
  Topic: 34 y.o. - how am I doing so far with retirement plan?
MrNewEngland

Replies: 13
Views: 45923

Post image iconForum: Retirement Planning   Posted: Tue Jul 08, 2014 1:27 pm   Subject: 34 y.o. - how am I doing so far with retirement plan?
I recently created a similar thread to this on this board. We are in very similar situations - I'm a couple years older than you and I am not putting that $27,965/year away but overall pretty similar ...
  Topic: CD from 1983
MrNewEngland

Replies: 15
Views: 11993

Post image iconForum: Personal Finance   Posted: Sun Jul 06, 2014 6:54 pm   Subject: CD from 1983
Once again, I am glad to e-know you.
 
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