Search found 18 matches

by jt90505
Thu Apr 15, 2021 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial arrangements
Replies: 123
Views: 8926

Re: Prenuptial arrangements

The best advice I can give is to ignore any relationship advice I offer. If you choose to read further... You are both the same age, have similar assets and income, and both are savers. There is a difference in whether to save a lot or even more than a lot. Presumably you both are in agreement on ch...
by jt90505
Mon Apr 05, 2021 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 28
Views: 2271

Re: How much house can we afford?

If you expect to stay in the same area long term, consider buying the house that meets your needs and wants long term. 3000 sq ft. for a family of 6 sounds very reasonable, and you *will* appreciate the nicer touches. That said, kids are not cheap and having increased costs with a reduction in incom...
by jt90505
Mon Mar 29, 2021 8:57 pm
Forum: Personal Consumer Issues
Topic: Tankless Water Heater - Struggling to Justify
Replies: 71
Views: 5910

Re: Tankless Water Heater - Struggling to Justify

I don't think you buy a tankless for return on investment. You have a 40G soak tub, and if you soak for a half hour or so you probably will want to refresh the hot water. Since presumably you want to soak to relax, do you really want to be managing hot water usage to make sure you can enjoy your bat...
by jt90505
Wed Mar 17, 2021 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too
Replies: 211
Views: 12340

Re: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too

My son recently graduated from a UC which is typically ranked in the top 10 public universities with an excellent GPA and had some good summer degree related experience. He had more success getting interviews through the school placement office vs. applying via the web. I believe companies have recr...
by jt90505
Wed Mar 17, 2021 5:38 pm
Forum: Personal Consumer Issues
Topic: Toyota Sienna - Which Years Were Best?
Replies: 18
Views: 1350

Re: Toyota Sienna - Which Years Were Best?

Our 2002 is still going strong with minimal maintenance :happy
by jt90505
Thu Mar 11, 2021 1:58 pm
Forum: Personal Investments
Topic: Should I open a 529?
Replies: 28
Views: 2712

Re: Should I open a 529?

Regarding cost of college, our 2 recently graduated. Both started in community college then went to highly regarded state universities (in state). Out the door, including living expenses for the 2 years each spent living at the universities, just under $100K. For both. One just received very nice jo...
by jt90505
Thu Feb 25, 2021 4:39 pm
Forum: Personal Investments
Topic: Portfolio Review - Preparing to FIRE after Windfall
Replies: 34
Views: 4011

Re: Portfolio Review - Preparing to FIRE after Windfall

A couple of questions/comments. - Are you planning on contributing to kids college education costs. If so, is this factored into your plans? - Regarding "taking my 40s off", although technically illegal it will most likely become more difficult to get a position as you age, especially afte...
by jt90505
Sat Jan 30, 2021 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: What should I know about estate planning?
Replies: 14
Views: 1146

Re: What should I know about estate planning?

Very good that you are considering estate planning. You and your partner appear to have an estate with some (good) complications that a good estate planning attorney may be best qualified to handle; the LLC, other rental property, unmarried in a committed relationship with minor children, etc. If yo...
by jt90505
Mon Jan 25, 2021 1:55 pm
Forum: Personal Consumer Issues
Topic: Do you have any tips for first time home buyer?
Replies: 64
Views: 4172

Re: Do you have any tips for first time home buyer?

I'd be very careful about a house that has been flipped. It will look good and most probably pass inspection, but...there is a probability the flippers did the work themselves using low end everything. House down the street was flipped; the new owners had an endless parade of workers come in to redo...
by jt90505
Sun Jan 17, 2021 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about making a will
Replies: 59
Views: 3436

Re: Questions about making a will

... [1.] You most likely will want to avoid probate, which is typically slow and potentially expensive for an estate of your size. ... [2.] ... A trust, while not cheap, allows you to delay full transfer of assets to the kids until they are at an age where they hopefully will be mature enough to ha...
by jt90505
Sun Jan 17, 2021 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about making a will
Replies: 59
Views: 3436

Re: Questions about making a will

I'm late to the game but having just had a living trust set up, a couple of comments... You most likely will want to avoid probate, which is typically slow and potentially expensive for an estate of your size. I would suggest getting your probate assets small enough to qualify for Small Estate Proba...
by jt90505
Tue Jan 12, 2021 8:12 pm
Forum: Personal Consumer Issues
Topic: Regrets postponing retirement too long?
Replies: 171
Views: 15696

Re: Regrets postponing retirement too long?

Lots of good advice regarding your retirement date. Regarding the knee pain... Have you been to a good trustworthy orthopedic surgeon? I was dealing with knee pain which was interfering with what I could do. A scan revealed my meniscus was basically shredded, beyond repair. After surgery life was go...
by jt90505
Thu Nov 29, 2018 11:40 pm
Forum: Personal Investments
Topic: just retired. need to figure out a fixed income strategy.
Replies: 14
Views: 2868

Re: just retired. need to figure out a fixed income strategy.

[/quote] So, we may eventually have: 10% TIPS 10% BND 5% BLV 5% Agency Bond 30% Stock Fund 40% revolving CD ladder You can sell for capital gains either stock or bonds to fund the CD ladder when volatility is positive. [/quote] Interesting suggestion...does anyone else have thoughts on reducing the ...
by jt90505
Thu Nov 29, 2018 11:21 pm
Forum: Personal Investments
Topic: just retired. need to figure out a fixed income strategy.
Replies: 14
Views: 2868

Re: just retired. need to figure out a fixed income strategy.

I could not tell whether your portfolio consists of tax advantaged qualified retirement plan or taxable assets, but I would make absolutely sure you consider the tax implications of the strategies you are considering. Retiring at 60 and holding off on SS until 70 would lead me to design my portfoli...
by jt90505
Thu Nov 29, 2018 5:05 pm
Forum: Personal Investments
Topic: just retired. need to figure out a fixed income strategy.
Replies: 14
Views: 2868

Re: just retired. need to figure out a fixed income strategy.

Thank you Vineviz. Very good suggestions, follow up questions/comments follow. (All responses are off the top of my head and subject to change as get smarter...please let me know if I'm way off base!) I did not know the iShares iBond ETF's existed. I like the concept and while I'll need do some home...
by jt90505
Thu Nov 29, 2018 3:08 pm
Forum: Personal Investments
Topic: just retired. need to figure out a fixed income strategy.
Replies: 14
Views: 2868

just retired. need to figure out a fixed income strategy.

For context... Just retired, age 60. No pension, no inheritances, but wife and I have lived a happy life and saved diligently from the start of our careers. With a real return of 1% we can maintain our standard of living til we are over 100 (based on a personally constructed spreadsheet). Online ca...
by jt90505
Thu Nov 29, 2018 1:01 pm
Forum: Personal Investments
Topic: TIPS, secondary mkt, yield to worst/maturity
Replies: 3
Views: 411

Re: TIPS, secondary mkt, yield to worst/maturity

Thanks, That is the answer was expecting. (The yield to maturity is the 'real' yield for a TIPS for bonds purchased in secondary market)

Don't understand why I could not get the same answer from Fidelity. Very troubling.
by jt90505
Wed Nov 28, 2018 8:29 pm
Forum: Personal Investments
Topic: TIPS, secondary mkt, yield to worst/maturity
Replies: 3
Views: 411

TIPS, secondary mkt, yield to worst/maturity

Hopefully this is a simple question regarding the mechanics of buying TIPS on the secondary market. When buying at auction, I know what my real yield is (held to maturity) for any TIPS I purchase. If I buy on the secondary market, is the 'yield to worst' (same as "yield to maturity" on fid...