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67% taxable 7% Roth IRA 26% 401k

I travel internationally quite a bit and use my Capital One no hassle card because they don't have a foreign transaction fee. I use AMEX for pretty much everything else at home, but their foreign transaction fee is 3% I believe so it is emergency backup only abroad.

If you like sushi, go to O Ya. Best sushi I ever had and maybe the best meal of my life. Prepare to spend as much as your plane tickets, however.

I am in the very early stages of planning of large (~50 people) group trip to Ireland. It would involve my immediate and extended family, i.e. parents, siblings, aunts, uncles, cousins etc, plus significant others. Ireland is the ancestral home of our family, specifically County Cork. My wife...

Agree with others sentiments, well worth it. We flew into Siem Reap and had no problems at all, I remember it being a new, clean airport. Arriving at night you know you are in the jungle by the approximately 2.5 million bugs swarming around the spotlight near the runway! We hired a personal...

My wife and I were more swindled than robbed while traveling in Laos. We took a tuk tuk back near our hotel in Luang Prabang and we owed something like 10,000 kip, which is about a dollar. We had recently arrived and only had larger bills, so gave him a 50,000. After turning away and fiddling...

Let me put in a plug for Pittsburgh for those who are considering it. I have lived here for over 10 years and life here is, in a word, easy. Big enough city to have a lot of cultural and sporting events, several top notch universities, great up and coming restaurant scene. But not too big...

Thanks for the tips so far all. I have heard about the "brown sharks" and I suspect we wouldn't be wading in the ocean as much as lounging on the beach or hotel pool, etc. We were thinking of heading up to Munnar to stay on a tea plantation for a couple of days. Worth it? Love Indian food...

Hi All, My wife and are are planning a trip in October, first spending 2 weeks hiking in Nepal and then spending about a week at the beach. I have been reading extensively about possible beach options in that part of the world, and many areas in southeast asia are in the midst of monsoon...

I would like to be able to start contributing via the back door Roth IRA route, but I have approximately $40,000 in a rollover (traditional) IRA from a previous employer. From my understanding the IRS somehow looks at your entire IRA holdings when you convert a non-deductible traditional IRA to...

The simplicity of investing in municipal bonds funds is appealing. Is there any reason to do individual municipal bonds if retirement is a long way away?

My wife was recently fortunate enough to come into a large lump sum, and after some home improvements projects we intend to invest the remainder. Adding together the new money and our existing retirement accounts and reshuffling, I plan to invest in a 70/30 equity/bond mix. The "problem" is...

Thanks guys, really helpful replies and some things to contemplate. I have already maxed out 401(k)'s for the year, and I have an additional tax sheltered account that I have through work. I plan to put the bulk into a money market fund for the time being and do some more research before I...

My wife will shortly come into a large sum of money, ~$600,000 after taxes. We feel so fortunate and lucky, and have been contemplating how to best distribute the money. We are 32, no kids yet, and have about $180k left on a 200k mortgage we took out about 5 years ago with 100% financing (when...

Thanks everyone for the replies, very helpful. Let me tell you more about my situation. I am 31 and a physician in my last year of fellowship. As part of getting a "true-own" disability policy, I also applied for life insurance since I had the medical exam and got a clean bill of health. I...

Hi all. I am in the process of obtaining a life insurance policy, and have decided that term is the way to go based on advice on this board and elsewhere. I have decided on 2.5M, 30 year policy based on this being ~6-7X my expected annual income as of next year; I used this simple estimate...

Do have an emergency fund, but it was based on 3 month salary during our residency, so I had planned to build that up to equal 3 months of our new salary?

BTW I am really glad I posted here this is some great and comforting advice!

Also, we have no kids at the moment but plan on starting a family in the next ~2-5 yrs.

Should have mentioned some of these facts in my initial post, but I was worried it would be too long. We were fortunate with our student loans in that we have locked in 30 year APRs around 2%, so I can't justify paying anything beyond the minimum as almost any investment would outperform that...

Well the unfortunate reality for doctors coming out of training today involves lots of debt and ever-declining reimbursements. For us, medical school loans total about $300k. My wife decided to do what she loves (pediatrics), and makes less than many high paid nurses. If I were to bite the...

Thanks so much everyone for the advice! There seems to be a clear consensus and I will be very wary of (and almost certainly not purchase) whole life. I was feeling pressure to have a nice, organized retirement plan outlined once I started practice, but maybe I just needed someone to tell me...

Hi everyone, I am a 31 year old physician within reach of finally completing my training within the year and getting my first "real" job. My wife is also a physician and we anticipate our annual gross income to be in the 500-600k range for most of our careers. We have managed to save about 80k...