| Author |
Message |
 Topic: Need a car - Have other debt obligations... Help! |
SCEngineer
Replies: 32
Views: 107534
|
 Forum: Personal Finance Posted:
Mon May 30, 2016 6:27 pm Subject: Need a car - Have other debt obligations... Help! |
Hey plush,
I'm only a year older than you and still planning my second kid, but though you'd like to hear from someone closer to your situation.
Seeing how you already own 2 houses, and gratz on ... |
| Topic: Serious advice need for 350k investment |
SCEngineer
Replies: 7
Views: 29323
|
Forum: Personal Finance Posted:
Sun May 15, 2016 12:41 am Subject: Serious advice need for 350k investment |
| oldguy is right to exercise caution. The rule that has been touted for retirement funds is the 4% rule. At age 60 your parents should be about 60% in US Treasuries and Corporate Bonds (current yield m ... |
| Topic: Traditional to Roth Rollover |
SCEngineer
Replies: 12
Views: 38618
|
Forum: Retirement Planning Posted:
Wed Apr 20, 2016 11:33 pm Subject: Traditional to Roth Rollover |
| I've got 50k in Roth IRA now. I'm adding 6% to Roth as the company adds 10% to Traditional 401k. I'm also arguing with myself between paying off debt and funding the Roth IRA which led me to the quest ... |
| Topic: Traditional to Roth Rollover |
SCEngineer
Replies: 12
Views: 38618
|
Forum: Retirement Planning Posted:
Tue Apr 12, 2016 11:36 pm Subject: Traditional to Roth Rollover |
So doing some reading today and I'm kicking around this idea.
I'm 30 years old. I've got 100k in a Traditional IRA (rolled over from previous employer). I'm currently in the 28% tax bracket.
So ... |
| Topic: Estate/Investment Advice |
SCEngineer
Replies: 17
Views: 55485
|
Forum: Personal Finance Posted:
Fri Apr 01, 2016 8:47 pm Subject: Estate/Investment Advice |
| I'm not a tax expert so please double check me. I was under the impression an inheritted IRA could be rolled into your existing IRA at no tax hit and not effecting your annual limits. I always see tax ... |
| Topic: Need investing advice |
SCEngineer
Replies: 26
Views: 184484
|
Forum: Personal Finance Posted:
Sun Mar 27, 2016 11:20 pm Subject: Need investing advice |
I seem to start all my posts the same way... oldguy is right... mathmatically.
Betterment is the better robo-advisor once you have 100k invested (only charge 0.15% compared to 0.25% at Wealthfront, ... |
| Topic: Personal Finance Advice |
SCEngineer
Replies: 10
Views: 32072
|
Forum: Personal Finance Posted:
Sun Mar 27, 2016 11:11 pm Subject: Personal Finance Advice |
| oldguy has a strong point about the investing route. The only counter argument out paying down the house early is peace of mind. It's a level of insurance that with the exception of property taxes, th ... |
| Topic: My first 401K, advice on your options greatly appreciated. |
SCEngineer
Replies: 5
Views: 24064
|
Forum: Retirement Planning Posted:
Tue Mar 08, 2016 11:01 pm Subject: My first 401K, advice on your options greatly appreciated. |
Oldguy won't steer you wrong, but I do disagree with him on a few items.
First, don't count your employer match. It's generally recommended you invest 15% of your income. I know this sounds like a ... |
| Topic: Too aggressive? Need to balance more? |
SCEngineer
Replies: 9
Views: 26570
|
Forum: Personal Finance Posted:
Fri Mar 04, 2016 12:27 am Subject: Too aggressive? Need to balance more? |
| Not really my area of expertise, but happy to throw my 2 cents to you. Alpha is almost impossible to determine. Since picking an advisor is basically throwing your money to someone who claims to get y ... |
| Topic: 30, New Career, Future Planning |
SCEngineer
Replies: 9
Views: 22035
|
Forum: Personal Finance Posted:
Fri Mar 04, 2016 12:11 am Subject: 30, New Career, Future Planning |
| Oldguy has the right of it, as usual, but I'm a little more invest happy. The emergency fund should be 3-6 months of living expenses. WIth a 2 income family 3 months is more than enough. You might be ... |
| Topic: Hey new guy, my story (an interesting case study) |
SCEngineer
Replies: 6
Views: 1994
|
Forum: Personal Finance Posted:
Sat Feb 20, 2016 1:26 am Subject: Hey new guy, my story (an interesting case study) |
Oldguy is smart. Listen to him.
Other job ideas, if you haven't been doing engineering. We are always looking for operators at the nuclear power plant. There are some very grueling exams, but with ... |
| Topic: Should I pay off my credit card or pay for my wedding? |
SCEngineer
Replies: 12
Views: 27454
|
Forum: Personal Finance Posted:
Sat Feb 20, 2016 1:19 am Subject: Should I pay off my credit card or pay for my wedding? |
What were you planning on doing with the money you save for the wedding?
If the plan was to put it into a savings account you are asking is it better to pay 23% interest on a loan while earning 0.2 ... |
| Topic: Mortgage or savings |
SCEngineer
Replies: 27
Views: 83808
|
Forum: Personal Finance Posted:
Wed Feb 03, 2016 11:26 pm Subject: Mortgage or savings |
| just to argue with littleroc a bit, 250,000 invested in a taxable account with the very conservative 4% withdrawl rate for retirement should net about $8,500 per year or $708.33/month. Compare this to ... |
| Topic: Mortgage or savings |
SCEngineer
Replies: 27
Views: 83808
|
Forum: Personal Finance Posted:
Wed Feb 03, 2016 1:23 am Subject: Mortgage or savings |
Just to chime in. I think your age and time left on the mortgage (as well as the intrest rate) play a huge role.
If that 2.875% is fixed rate (which I kinda doubt) I'd lean towards oldguy's plan. Y ... |
| Topic: How to Eliminate Multiple Debts Fast? |
SCEngineer
Replies: 8
Views: 21535
|
Forum: Personal Finance Posted:
Mon Feb 01, 2016 1:08 am Subject: How to Eliminate Multiple Debts Fast? |
Depends on the person. In general I know of two theories. Snowballing or Stacking.
Snowballing is better for people who aren't good with money or need motivation to get things done. You list all yo ... |
| |
