Search found 2951 matches

by mortfree
Wed Sep 20, 2023 6:36 am
Forum: Personal Finance (Not Investing)
Topic: ETrade / Morgan Stanley conversion and rounding of share lots (personal finance software)
Replies: 5
Views: 942

Re: ETrade / Morgan Stanley conversion and rounding of share lots (personal finance software)

I ended up using the Add Shares transaction to get the share count to match.

Not sure what impact that will have
by mortfree
Sun Sep 10, 2023 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: ETrade / Morgan Stanley conversion and rounding of share lots (personal finance software)
Replies: 5
Views: 942

Re: ETrade / Morgan Stanley conversion and rounding of share lots (personal finance software)

Any chance you figured this out?

I noticed this last weekend and some of the share counts didn’t seem to be just a rounding issue but I only did a quick glance after seeing my online balance didn’t match quicken.

And then I didn’t have the energy to look any further.
by mortfree
Tue Aug 15, 2023 2:58 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house in our situation?
Replies: 34
Views: 5065

Re: Would you buy a house in our situation?

Any concerns on home insurance?

Thought I’ve read where insurance companies are leaving Florida or going out of business. Maybe it’s location specific.
by mortfree
Sun Aug 13, 2023 6:58 am
Forum: Personal Investments
Topic: Where should I start? High mortgage rate...
Replies: 7
Views: 1434

Re: Where should I start? High mortgage rate...

At your age and where you are financially, you need to save up in “cash” holdings and consider a taxable account for investing before paying any extra towards the mortgage.

Wishful thinking would be to keep your eye on mortgage rates to go down in the future and refinance.

You’re off to a great start but you really don’t want the majority of your net worth tied up in an illiquid asset (the house).

Also, chances are this won’t be your forever home.
by mortfree
Thu Jul 27, 2023 8:13 pm
Forum: Personal Consumer Issues
Topic: Hearing Aids
Replies: 9
Views: 1278

Re: Hearing Aids

Do you have coverage for Durable Medical Equipment?

Hearing aids fall in that category in my blue cross blue shield plan
by mortfree
Thu Jul 27, 2023 8:10 pm
Forum: Personal Investments
Topic: stopping investments to save for college
Replies: 43
Views: 3511

Re: stopping investments to save for college

Given this is a third career change, isn’t medical school an awfully expensive choice if she decides to pursue another career change?
by mortfree
Sat Jul 22, 2023 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Pay down mortgage to break free from golden handcuffs?
Replies: 10
Views: 1684

Re: Pay down mortgage to break free from golden handcuffs?

What’s your remaining loan amount?

In a high cost of living area I imagine it’s a few hundred thousands.

Can you really afford to pay it off? Meaning having that much money tied up in a home.

Details are lacking to provide real answers.
by mortfree
Sun Jul 02, 2023 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on student loan repayment options
Replies: 93
Views: 8537

Re: Advice on student loan repayment options

You lost me at the NIH part.

But if you want to pay them off, why not pay one off immediately and then you said you save 5-7k per month so just put 5k per month on the other loan and you’ll be done in 4-5 months.

And you didn’t have to touch too much of your current savings.
by mortfree
Sun Jul 02, 2023 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 854
Views: 166204

Re: Losing a job in your 50's...

Mid 40’s and thinking along these lines. Torn over whether to reduce my 401k contributions (usually max out) and start saving more in taxable for that future layoff / job loss to be more prepared. Continue the 401k. Have an EF ready. I am 52. I maximize contributions but I have a EF to lean on. Also keep skills current. I would agree to keep on with the funding of the retirement plan(s) routine, have an EF, and always be polishing skills. I guess my question to mortfree would be whether or not his/her household is a single or a dual income household. The latter provides a cushion that helps temper the blow financially during any sort of transition. CyclingDuo Mainly single income with my wife working one day a week. Worst case I lose my jo...
by mortfree
Sat Jul 01, 2023 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: what to fund next: 529, brokerage account, or pay off mortgage?
Replies: 27
Views: 2583

Re: what to fund next: 529, brokerage account, or pay off mortgage?

50k is not going to put much of a dent on the 900k mortgage.

I would add to the taxable brokerage account.

You hold other funds and cash that I am ignoring since you asked about the 50k
by mortfree
Fri Jun 30, 2023 5:55 am
Forum: Personal Consumer Issues
Topic: Pittsburgh in July, what to eat and do?
Replies: 44
Views: 4665

Re: Pittsburgh in July, what to eat and do?

Canadian wildfires are causing poor air quality in that area.

Keep that in mind
by mortfree
Thu Jun 29, 2023 6:20 am
Forum: Non-US Investing
Topic: Should I sell losing ETFs to buy other ones?
Replies: 7
Views: 1281

Re: Should I sell losing ETFs to buy other ones?

I wouldn’t sell. I don’t like losing money.

Especially since you have VTI which is THE boglehead top choice. If that fund doesn’t grow then the whole boglehead principle has failed.

Maybe I am missing another reason since you are non-US
by mortfree
Sun Jun 25, 2023 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 854
Views: 166204

Re: Losing a job in your 50's...

Mid 40’s and thinking along these lines.

Torn over whether to reduce my 401k contributions (usually max out) and start saving more in taxable for that future layoff / job loss to be more prepared.
by mortfree
Fri May 26, 2023 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Accept this Job Offer?
Replies: 60
Views: 9517

Re: Should I Accept this Job Offer?

Base: 107k versus 130k
Bonus: 18k versus unknown
Overtime: ?? Versus 25k

I see this as a guaranteed 23k increase in base. Of course after taxes it is less.

Bonus could be variable at both companies and you said 18k may have been more of an exception and not the norm.

I wouldn’t be excited about 25k in overtime unless you like working extra hours. At least you would be paid for it.
by mortfree
Tue May 23, 2023 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Which one should we prioritize? college fund vs. retirement fund vs. paying off debt
Replies: 26
Views: 2376

Re: Which one should we prioritize? college fund vs. retirement fund vs. paying off debt

A little of everything. But I do agree with others who posted the list in order but I just don’t think you can check these off one at a time without falling behind somewhere. I don’t think you shared numbers so I don’t know where you are today as far as retirement, savings, etc. we do see the debt. 10% to retirement. Adjust as needed (higher) Make sure you have an EF If you are using credit cards make sure they are always paid in full every time. Student loans. And the mortgage is way down on the list of things to pay extra. Not sure why you did ARM but that’s what it is. Can you really afford to commit 330k to an illiquid investment? That’s why I put it at the bottom. Then you can see where college savings fits in. It’s a marathon
by mortfree
Mon May 22, 2023 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Alternatives to handing my brokerage statements to mortgage companies?
Replies: 28
Views: 2415

Re: Alternatives to handing my brokerage statements to mortgage companies?

Don’t they usually have you sign a form stating you are ok for them to get your tax returns from the IRS?

Memory could be a little fuzzy here.
by mortfree
Sun May 21, 2023 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Preparing to relocate: can we afford this home?
Replies: 108
Views: 12946

Re: Preparing to relocate: can we afford this large home?

I think people are hung up on the square footage.

It’s probably a 3600-4000 sq ft home with a large finished basement.

OP said smaller homes aren’t in great shape.

There’s also somewhat a good chance that a neighborhood with homes that size and pricing could guarantee a good choice for where to live in an unfamiliar area.

You just need to realize that your house will consume you financially.
by mortfree
Fri May 19, 2023 2:29 pm
Forum: Personal Consumer Issues
Topic: Pennsylvania Vehicle Registration Renewal - 2 year option
Replies: 56
Views: 15360

Re: Pennsylvania Vehicle Registration Renewal - 2 year option

pizzy wrote: Fri May 19, 2023 2:15 pm
mortfree wrote: Fri May 19, 2023 2:07 pm Just received a renewal notice.

2020: $86 for 2 years
2021: $86 for 2 years
2022: $88 for 2 years
2023: $100 for 2 years

2 years was the way to go especially in 2022.

Robbery
What do you consider the non-robbery price?
$35 per year.
by mortfree
Fri May 19, 2023 2:07 pm
Forum: Personal Consumer Issues
Topic: Pennsylvania Vehicle Registration Renewal - 2 year option
Replies: 56
Views: 15360

Re: Pennsylvania Vehicle Registration Renewal - 2 year option

Just received a renewal notice.

2020: $86 for 2 years
2021: $86 for 2 years
2022: $88 for 2 years
2023: $100 for 2 years

2 years was the way to go especially in 2022.

Robbery
by mortfree
Thu May 18, 2023 8:22 pm
Forum: Personal Investments
Topic: Another Payoff @ 5.625% mortgage vs save in 529 or invest in Roth IRA question
Replies: 28
Views: 2012

Re: Another Payoff @ 5.625% mortgage vs save in 529 or invest in Roth IRA question

What would be the point of paying extra to the mortgage (5-10k on a 500k mortgage) when you aren’t going to be anywhere close to paying it off.

What stands out to me is that you might want to move in 4-5 years. How are you going to work that transaction if you have a small amount of cash? If the money is tied up in the house then you won’t be able to get that money until the house is sold. Makes for a difficult transaction for a stressful process of buying and selling a house.

If you have 25k-ish right now for cash (EF) then I would just add the extra money there to get to a higher number.

And Roth IRA if eligible.
by mortfree
Sun May 07, 2023 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Fix or replace my car
Replies: 43
Views: 2976

Re: Fix or replace my car

You can always replace a car.

How replaceable is your life?

You get a sticker for holding onto this one.

But it’s time for a new one
by mortfree
Sat May 06, 2023 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Should I share my plan to retire with my boss?
Replies: 91
Views: 11838

Re: Should I share my plan to retire with my boss?

This is from ZERO experience.

3 months max. Don’t even hint at retirement. Make up a story “I’ll retire the day of my funeral” type

Try to manufacture a severance.

Is your company expecting you to retire soon or will this be a shock to them?

Are you completely immune to any market drops that might require you to stay on longer?

Of course if you are C-suite or similar or close to it then you may have other rules at play here to consider.
by mortfree
Thu May 04, 2023 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay down mortgage with 6.5% interest ?
Replies: 111
Views: 12815

Re: Should I pay down mortgage with 6.5% interest ?

Maybe this will help or I am off base.

My 70k cash is earning me 200/month in interest. Is that a better return than the rental here?
by mortfree
Thu May 04, 2023 7:51 pm
Forum: Personal Consumer Issues
Topic: Tile Shower Costs
Replies: 22
Views: 3471

Re: Tile Shower Costs

Thanks to all for the replies. Not an exciting topic but everyone has been very helpful. Today things were a little crazy at home as a new roof was being installed but I did hear back from the contractor on Wednesday night. And if I didn’t do the herringbone it would only save me $600. On the Schluter for the 1” tile it is recommended to do a wet bed then you can apply the Schluter Kerdi over that. I prefer a larger tile myself so I can use the complete shower kit, but I can do it either way. There is a lot more pressure on a smaller tile against the foam tray with a 1” tile. That is why a wet mortar bed is needed prior to the waterproofing with Schluter Kerdi. So I am going to look into a 2” tile minimum. Any additional feedback on the wet...
by mortfree
Wed May 03, 2023 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Should I pay down mortgage with 6.5% interest ?
Replies: 111
Views: 12815

Re: Should I pay down mortgage with 6.5% interest ?

That’s a lot of debt.
Low savings
Low 401k

I hope those unvested RSUs grow and don’t lose value.

There’s probably more to your financial picture but as presented it’s a little scary.

For your question, will the 70k be enough to remove PMI or are you locked into paying that for a specific period of time.

I understand why you would want to compare the 70k invested to the mortgage but are you doing the same with your 401k - does that need to “beat” your mortgages?

If you want to invest that 70k just be sure it gets at least market returns.
by mortfree
Tue May 02, 2023 3:14 pm
Forum: Personal Consumer Issues
Topic: Tile Shower Costs
Replies: 22
Views: 3471

Re: Tile Shower Costs

lthenderson wrote: Tue May 02, 2023 2:38 pm
mortfree wrote: Mon May 01, 2023 8:17 pm Thoughts?
For a custom shower and tiled bathroom, I would expect the labor to be in the 75% or even slightly higher range of the total cost so the quote doesn't seem bad to me. Building out a shower and doing all the tile is a lot of work to do it right and required multiple days to allow things to cure, etc. before they can move onto the next step.
Yeah it is definitely labor intensive and pointing to high labor costs since I know the basic pricing for the tile and shower hardware.
by mortfree
Tue May 02, 2023 3:11 pm
Forum: Personal Consumer Issues
Topic: Tile Shower Costs
Replies: 22
Views: 3471

Re: Tile Shower Costs

I did get good suggestions/tips from here so I’ll have to ask the company. I did ask to price out not doing the herringbone wall because it was mentioned that would be almost double labor. I'm in a renovation now with three bathrooms that were specified with large format (48x48) tiles. The tile crew pitched a fit -- understandably so -- and got an upcharge applied. But it wasn't double. For a job like you're describing, a lot of the labor comes before a piece of tile is set. All of the prep work that goes into making sure the floor is pitched properly, the walls are plumb and square, and everywhere is watertight is a significant component of the job. Herringbone is obviously a little more complicated than a standard running bond or grid pa...
by mortfree
Tue May 02, 2023 2:26 pm
Forum: Personal Consumer Issues
Topic: Tile Shower Costs
Replies: 22
Views: 3471

Re: Tile Shower Costs

I have used this same company to finish my basement and have complete confidence in their work. They are also the go to company for several people in the neighborhood. But I just like to bounce this off the forum to see if prices are reasonable. It always seems to add up more than I expected Finishing a basement is different from building a tile shower. The latter requires extreme attention to detail; the wrong choice of thinset or poor application technique can lead to insidious leaks that don't manifest for years, at which point the damage has already been done. I'm not questioning your assessment of the company, just pointing it out. Have they done other showers for people in the neighborhood? Preferably well over a year ago? If my cont...
by mortfree
Tue May 02, 2023 3:36 am
Forum: Personal Consumer Issues
Topic: Tile Shower Costs
Replies: 22
Views: 3471

Re: Tile Shower Costs

funnyjoe wrote: Tue May 02, 2023 12:18 am We recently did ours after we discovered a leak.
We took quote from about 3-4 guys. Total cost came out to be around 9300 (Labor + Hydro Blok + Schluter Drain) + ~1500 (Tiles) + 2700 (Frameless Shower Door). It included a niche and a shower bench.
2 Guys and around 5 days of work.
Sorry to hear about the leak and thanks for sharing those numbers.

Our shower is looking funky (18 years old) and the seal where the wall meets the floor seemed to have been redone at some point prior to when we moved in 5 years ago.

There is also a drip from the handle depending on the day.

I’ve known this is coming but as with any project, there is always that sticker shock.
by mortfree
Tue May 02, 2023 3:25 am
Forum: Personal Consumer Issues
Topic: Tile Shower Costs
Replies: 22
Views: 3471

Re: Tile Shower Costs

Does the $15,500 include the $2,000 tile and $1,500 plumbing fixtures or is the total 15.5+2+1.5? It does sound a bit high to me. Schluter stuff is expensive, but it works -- as long as they know how to work with it and use the approved materials, it will have a guarantee from Schluter. Make sure they do an overnight water hold test for the pan once they have all the shower base Kerdi down and the threshold in. I don't know what tile is going on the floor, but you can't do less than 2"x2", as I recall, with a Schluter prefab shower base. ==> But, beating everything is your faith in them doing a good job and that is worth a higher price IMO. Word of wisdom...insist no penetrations to any sill, threshold or bench. The glass people ...
by mortfree
Mon May 01, 2023 10:16 pm
Forum: Personal Consumer Issues
Topic: Tile Shower Costs
Replies: 22
Views: 3471

Re: Tile Shower Costs

Quote Sounds rational from my experience Make sure they are experienced and have a good “shower floor kit” and have experience laying tile over it the rubber membrane. If tile shower floor leaks afterwards it is installed, it won’t be an easy fix. We installed a tile shower with a fiber glass floor and wish we did a tile base too. We tried to get the base redone in tile. There was some discussion between the plumber and the tile person who would be responsible if the floor/ drain leaked. I gave up. Get more than one estimate You can price the tile at more than one place too. Thanks for the reply. The installer will use the Schluter wall and floor system as the membrane. I have used this same company to finish my basement and have complete ...
by mortfree
Mon May 01, 2023 8:17 pm
Forum: Personal Consumer Issues
Topic: Tile Shower Costs
Replies: 22
Views: 3471

Tile Shower Costs

Looking for some feedback on a quote for a replacement tile shower.


Known costs:
Plumbing Fixtures: $1500
Tile: $2000

3 feet x 5 feet x 9 feet high

Total came in at $15,500 (excluding shower doors).

So 12000 for everything else.

Tear out
Rebuild
Herringbone layout on 5x9 wall
One tile style for the walls
One tile style for the floors
Adding a few inches of depth to the existing
Schluter system for walls and floor



Thoughts?
by mortfree
Wed Apr 26, 2023 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: How to fire an accountant?
Replies: 26
Views: 4401

Re: How to fire an accountant?

livesoft wrote: Wed Apr 26, 2023 5:46 pm I realize this is all resolved, but I wanted to comment:
mortfree wrote: Tue Apr 18, 2023 2:14 am Thanks for your time. Given the number and types of errors that I discovered during my review I have decided to take my business elsewhere.
I will never thank someone for wasting my time and costing me money. At most I might write "I would like to thank your for your time, but I cannot because ...."
There’s a subtle touch of sarcasm in that “Thanks” that probably only I would know about.

I agree. Someone shouldn’t have to spend time reviewing this AND finding simple errors by the firm they hired.

I bet they do send a bill though
by mortfree
Sun Apr 23, 2023 5:53 pm
Forum: Personal Investments
Topic: Pay off house or keep in T-Bills?
Replies: 29
Views: 4779

Re: Pay off house or keep in T-Bills?

If you have 6 years left and 75k mortgage maybe you could try paying 25k this year (normal payment to principal plus x equals 25k)

That way you will pay it off in 3 years or you can adjust your plan as needed.

No getting that extra money to principal back though.
by mortfree
Tue Apr 18, 2023 2:14 am
Forum: Personal Finance (Not Investing)
Topic: How to fire an accountant?
Replies: 26
Views: 4401

Re: How to fire an accountant?

Thanks for your time. Given the number and types of errors that I discovered during my review I have decided to take my business elsewhere.
by mortfree
Thu Apr 13, 2023 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Sale
Replies: 55
Views: 5919

Re: Quicken Sale

Going through this for the first time.

Once ordered through Newegg they send a physical package to me?
by mortfree
Wed Apr 12, 2023 11:02 pm
Forum: Personal Investments
Topic: Thoughts on my individual stock portfolio
Replies: 16
Views: 1488

Re: Thoughts on my individual stock portfolio

I recognized most of the companies but not all.

Kind of a boring list that reminds me of some of my index funds.

Those that are 5% or less of your portfolio won’t have much impact overall.

I do hold individual stocks so I was excited (at first) for this thread.
by mortfree
Sun Apr 09, 2023 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Samurai returning to work
Replies: 18
Views: 3048

Re: Financial Samurai returning to work

Because he needs 1.5 million for two college educations in 12-15 years.

And the job he wants pays 40k annually.
by mortfree
Sun Apr 09, 2023 7:44 am
Forum: Personal Finance (Not Investing)
Topic: how expensive a condo or coop can I afford?
Replies: 4
Views: 725

Re: how expensive a condo or coop can I afford?

What you can afford might not be the way to look at this.

what is the going price of condos or coops in that area for what you need/want?
by mortfree
Sat Apr 08, 2023 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need to file Taxes for my kid
Replies: 10
Views: 1711

Re: Do I need to file Taxes for my kid

Maybe state taxes??

In PA if someone earns $33 they have to file. Dividends, interests are also income.
by mortfree
Fri Apr 07, 2023 7:55 pm
Forum: Personal Consumer Issues
Topic: in need of replacing water heaters soon.
Replies: 23
Views: 2936

Re: in need of replacing water heaters soon.

Go with one water heater that is larger than 40 gallons?

I have an 80 gallon
by mortfree
Fri Apr 07, 2023 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Under contract, worth losing earnest money?
Replies: 30
Views: 3833

Re: Under contract, worth losing earnest money?

Child 2 will eventually get you tax credits.

What if instead of a 6k tax bill it was a 6k medical bill?

Life is expensive.

Buy the house if everything checks out with its condition, etc.
by mortfree
Tue Apr 04, 2023 8:56 pm
Forum: Personal Consumer Issues
Topic: plumber vs replace for my old Bosch dishwasher?
Replies: 13
Views: 1463

Re: plumber vs replace for my old Bosch dishwasher?

When is the last time you cleaned the filter?

Have you tried running empty with dishwasher cleaner?

Others are probably more correct that it is a pump or tubing issue.
by mortfree
Tue Apr 04, 2023 8:52 pm
Forum: Personal Consumer Issues
Topic: hearing aids
Replies: 49
Views: 4745

Re: hearing aids

tomd37 wrote: Tue Apr 04, 2023 8:39 pm It has been about eight months since the last post on this subject of HAs. I am in the market for HAs (age 85) and wondering if anyone has any updates. I did see something online recently that Costco has done away with their own brand at that was confirmed at my Costco store yesterday.
I just got the Jabra 10 rechargeable from Costco.

The Costco brand that was discontinued- I believe that was Phonak rebranded and it had charging issues. So Costco was disappointed and dissolved that.

The newest release at Costco is the Philips 9040. And they are also carrying the Lexia (Bose) OTC that you buy on your own (not through the hearing aid center)
by mortfree
Fri Mar 31, 2023 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Is it a bad decision to pay off a low interest mortgage early?
Replies: 90
Views: 10065

Re: Is it a bad decision to pay off a low interest mortgage early?

Moving in 5-10 years.

Mortgage could be paid off before (or right around) then with normal payments.

You have “only” 30k in non-retirement funds.

You want to move west. Is that more or less expensive?

I’d be saving in taxable rather than paying extra to the mortgage.

Just for curiosity. What is your current loan balance? Everyone is hyper focused on the rates
by mortfree
Thu Mar 30, 2023 11:31 am
Forum: Personal Consumer Issues
Topic: Wireless Doorbell Camera
Replies: 31
Views: 2507

Re: Wireless Doorbell Camera

HotRod140 wrote: Thu Mar 30, 2023 7:34 am yes, sorry .I ment Battery only and I am actually going to place it on the deck, next to our back door slider. No door bell currently in place there
Are you going with the doorbell because people go to your Backdoor or because doorbells in general are cheaper than cameras?
by mortfree
Wed Mar 29, 2023 3:09 am
Forum: Personal Consumer Issues
Topic: bathroom remodel options
Replies: 43
Views: 5524

Re: bathroom remodel options

Have you received quotes for an all tile shower and glass door?

Finding myself needing a new shower and starting this process. Current shower is all tile, floor and walls all the way to ceiling with frameless glass doors.

I’m in PA too
by mortfree
Mon Mar 27, 2023 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Sell sports car to pay off mortgage?
Replies: 50
Views: 4194

Re: Sell sports car to pay off mortgage?

mega317 wrote: Mon Mar 27, 2023 2:30 pm
mortfree wrote: Mon Mar 27, 2023 2:24 pm You are below my 100k loan amount where paying it off is “easy”.
Strong disagree. OP still owes most of his/her annual after-tax income on the mortgage, plus has a car payment and isn't maxing retirement savings.
That’s fine. I thought might be a better chance of maxing 401k if there wasn’t a mortgage payment. Chances are this won’t be the last car payment OP has so I wouldn’t payoff the car loan.

Otherwise is OP going to lock the 60k up in taxable investments or would the plan be to live off the pile of cash that is placed in HYSA so he can max the 401k?

He basically needs to change 401k to 19% to max.
by mortfree
Mon Mar 27, 2023 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Sell sports car to pay off mortgage?
Replies: 50
Views: 4194

Re: Sell sports car to pay off mortgage?

If you are going to sell it, put it towards the mortgage and pay it off.

You are below my 100k loan amount where paying it off is “easy”.

Then start saving again.

Or keep the car for fun
by mortfree
Sat Mar 25, 2023 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: A hairbrained plan for charitable giving?
Replies: 18
Views: 1784

Re: A hairbrained plan for charitable giving?

Probably an insurance angle too that you would be responsible for.