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Forum: FIRE and Money 04-01-2020, 08:02 AM
Replies: 768
Views: 115,373
Posted By retire2020
OP here: My gosh...what a shocking...

OP here:
My gosh...what a shocking downhill drop in just two weeks! If I had not retired on 12/1/2016 then at the peak I would have accumulated 4M. But today it would have been only 3M. I...
Forum: FIRE and Money 01-09-2020, 09:08 AM
Replies: 146
Views: 23,379
Posted By retire2020
Fidelity Account Hacked

I use ‘VIP ACCESS’ app from Symantec for my Fido account. It generates code on the fly which is good for 30 secs.... Its free and Fidelity will help you link your account.

So for someone to...
Forum: Hi, I am... 05-01-2018, 02:47 PM
Replies: 15
Views: 2,850
Posted By retire2020
Congrats! You did the right thing. I havent...

Congrats! You did the right thing. I havent once doubted my decision on leaving that toxic place!
Forum: FIRE and Money 03-12-2018, 03:58 PM
Replies: 45
Views: 4,409
Posted By retire2020
The 2018 HSA contribution is reduced in March

My HSA is with Fidelity and just out of curiosity I called them. They are aware of this situation and made the roll back so simple that it took me about 40 seconds to click on few options to have...
Forum: Life after FIRE 03-11-2018, 10:26 AM
Replies: 141
Views: 15,869
Posted By retire2020
Celebrated retirement with brand new 2018 BMW...

Celebrated retirement with brand new 2018 BMW 740i xDrive. Joy was short lived as found out two months later that I had to put twin boys in Private School - 132K hit over four years. Wife and...
Forum: FIRE and Money 03-10-2018, 09:51 AM
Replies: 9
Views: 1,666
Posted By retire2020
I think confusion about MAGI calculation was my...

I think confusion about MAGI calculation was my fault. I was not aware of diff MAGI calculation for diff things like medicaid, chip and traditional IRA contribution. MAGI for obamacare is correct...
Forum: FIRE and Money 03-08-2018, 07:54 AM
Replies: 9
Views: 1,666
Posted By retire2020
To keep the MAGI low. Net difference in taxes...

To keep the MAGI low. Net difference in taxes both ways would've been negligible(20 % of 2500 = $500).
Forum: FIRE and Money 03-07-2018, 03:51 PM
Replies: 23
Views: 1,948
Posted By retire2020
I was in similar situation at Fidelity but they...

I was in similar situation at Fidelity but they had tracked which was after tax 401K and which was pretax 401K. I had an option to contribute to both - 401K and Roth 401K. I had kept Pretax and...
Forum: FIRE and Money 03-07-2018, 03:02 PM
Replies: 45
Views: 4,409
Posted By retire2020
I am in the same situation like you. I will not...

I am in the same situation like you. I will not bother to rollback that $50 and go through hassle of paper work. Instead I'll do following at tax time next year.

"Leave the excess contributions...
Forum: FIRE and Money 03-05-2018, 04:14 PM
Replies: 9
Views: 1,666
Posted By retire2020
I got on Obamacare starting June 1 last year. My...

I got on Obamacare starting June 1 last year. My premium was $1493 and I had received $612 per month as premium credit.

So my portion of premium was $881 x 7 = 6167
Dental Insurance ...
Forum: FIRE and Money 03-05-2018, 10:49 AM
Replies: 9
Views: 1,666
Posted By retire2020
Help with MAGI calculation for Obamacare Subsidy

MFJ Family of 5 - 3 Kids(21 and in College, 13, 13)

1040 Line 8b Tax Exempt Interest $7277
1040 Line 22 Total Income $121,328
Dependent DD's W2 Income $291.20

Deducations as follow:
1040...
Forum: FIRE and Money 02-25-2018, 05:39 PM
Replies: 3
Views: 787
Posted By retire2020
Thanks RE2 and Jerry. I do not see Certsttafix...

Thanks RE2 and Jerry. I do not see Certsttafix in the list you posted. I see a link to download W-9 but not sure if it would help.
Forum: FIRE and Money 02-25-2018, 12:20 PM
Replies: 3
Views: 787
Posted By retire2020
Training courses and Lifetime Learning Credit for 2017 Taxes

I have taken several courses from Certstaff training center last year and paid a total of $2500. Can I claim them as LLC? I have all the receipts and certifications. I spoke with my accountant...
Forum: FIRE and Money 02-01-2018, 07:35 PM
Replies: 18
Views: 2,327
Posted By retire2020
+1. I've 2/3 in taxable and 1/3 in after tax. ...

+1. I've 2/3 in taxable and 1/3 in after tax. It'll help you BIG time if your are planning to retire earlier.
Forum: Life after FIRE 01-11-2018, 11:45 AM
Replies: 247
Views: 31,070
Posted By retire2020
My BIL brags about his negative NW. Money they...

My BIL brags about his negative NW. Money they blow on vacation for a week, we stretch that amount for three weeks. And then we hear from them that they dont have money to repair the leaks they've...
Forum: FIRE and Money 01-08-2018, 02:03 PM
Replies: 73
Views: 6,018
Posted By retire2020
Since 1995. Was a bad boy! Played with margin,...

Since 1995. Was a bad boy! Played with margin, all in individual stocks, lost about 1M around 2001(still burning that loss), changed investment strategy to mutual funds in 2003 but never panicked...
Forum: FIRE and Money 01-05-2018, 07:09 PM
Replies: 20
Views: 4,066
Posted By retire2020
Almost one year into ER-here are my observations

+1. This is exactly how I feel! I have been retired for 13 months but cant get over this anxiety. Any tips from Seniors who have been retired long?

I have traveled a LOT for past 13months and...
Forum: FIRE and Money 12-30-2017, 10:25 AM
Replies: 706
Views: 72,734
Posted By retire2020
13.5% YTD on 60/40 portfolio

13.5% YTD on 60/40 portfolio
Forum: FIRE and Money 12-27-2017, 07:21 PM
Replies: 36
Views: 4,051
Posted By retire2020
I dont hold any cash except for expenses for the...

I dont hold any cash except for expenses for the year in advance. Its a set figure(around 300K) which is part of overall 40% FI of 3M total asset.
Forum: FIRE and Money 12-26-2017, 06:40 PM
Replies: 36
Views: 4,051
Posted By retire2020
I take Div/Cap and use for expenses which is half...

I take Div/Cap and use for expenses which is half of my yearly expenses. Other half...If market has been good then I will sell some funds and take another half... If market has dropped then I will...
Forum: Health and Early Retirement 10-23-2017, 05:54 PM
Replies: 7
Views: 1,184
Posted By retire2020
2018 Premium Increase Horizon BCBS HSA

Thanks. But isnt this the outrageous increase? In this case, subsidy will make up about 60% premium and that too for people near 400%FPL. How much subsidy then people with low income get...may...
Forum: Health and Early Retirement 10-23-2017, 03:57 PM
Replies: 7
Views: 1,184
Posted By retire2020
2018 Premium Increase Horizon BCBS HSA

I just got a letter from my insurance company with their intent to increase premium. It is going up from 1495 per month to 2126. My current premium is $857 after $638 subsidy. Now it’ll be $1488...
Forum: Hi, I am... 10-22-2017, 08:24 AM
Replies: 16
Views: 2,016
Posted By retire2020
32 year old newbie planning ER

You are doing well and way ahead of many at your age. There is a way to put money in Roth IRA. Read up on ‘Backdoor Roth IRA’. From your posts looks like you only have 401Ks which will make it...
Forum: Life after FIRE 10-11-2017, 07:31 PM
Replies: 33
Views: 6,020
Posted By retire2020
Have been out once every month of this year. ...

Have been out once every month of this year. Total of six months away from home - two trips to SE Asia, BC,Alaska and train trip from east to west coast.
Forum: FIRE and Money 10-11-2017, 10:31 AM
Replies: 8
Views: 1,527
Posted By retire2020
This was paid back to me as regular income - they...

This was paid back to me as regular income - they cut FICA/Fed/State and issued me a check of $1495 out of that $2500 I already paid from my pocket. This is $1K tax hit. Any idea how/where I claim...
Showing results 1 to 25 of 426

 
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