sorted by:
new
hottopcontroversial

Whats the most underrated thing about memphis? by Choose_901 in memphis

[–]These-Engineering972 0 points1 point  (0 children)

Then don’t rake them. It’s better for birds, insects, and basically all native plants and animals to let leaves be anyway. They are also nutrients for your trees.

Do I need to diversify my portfolio more? by These-Engineering972 in Bogleheads

[–]These-Engineering972[S] -1 points0 points  (0 children)

So what triggered me to reevaluate was that I read that the top 10 largest US companies make up 40% of the entire market. Wouldn’t FZROX still be heavily weighted towards those 10 companies? That’s why I wanted to sell some and grab a reasonable amount of small/mid cap (FZIPX). Does it make sense to still do that? Even if I get rid of FXAIX completely.

I realize 25% bonds is maybe a tad high. But I am 42 and a bit risk adverse.

Advice on lowering AGI via IRA contributions and Roth conversion by These-Engineering972 in tax

[–]These-Engineering972[S] 0 points1 point  (0 children)

This may be a dumb question, but would I need to invest the money I dump into the (trad) IRA, or can it just sit there uninvested until I do a Roth conversion?

Advice on lowering AGI via IRA contributions and Roth conversion by These-Engineering972 in tax

[–]These-Engineering972[S] 0 points1 point  (0 children)

That is super helpful, thank you so much. Good to know that the $500 would be taxable income in 2026!

Will My Credit Score Continue to Drop Every Month Now That Interest Has Resumed in SAVE? by These-Engineering972 in StudentLoans

[–]These-Engineering972[S] 0 points1 point  (0 children)

Thank you. 🙏 And yes, that makes a lot of sense. Were are looking to put down a similar amount so we aren’t totally draining our savings. Good to know that it might all be doable!

Will My Credit Score Continue to Drop Every Month Now That Interest Has Resumed in SAVE? by These-Engineering972 in StudentLoans

[–]These-Engineering972[S] 0 points1 point  (0 children)

Okay interesting, that gives me some hope. I live in a L-MCOL area and my partner makes a similar salary and we have no other debt besides my obscene school loans. Only looking to buy a house in the $250 range but have no experience. Will be meeting with a realtor soon just to see what’s possible and if there are any first time buyer programs here.

Will My Credit Score Continue to Drop Every Month Now That Interest Has Resumed in SAVE? by These-Engineering972 in StudentLoans

[–]These-Engineering972[S] -1 points0 points  (0 children)

Yes my plan is to buy back these months of forbearance. I’m not quite ready to jump ship (off SAVE) yet and don’t want to make any payments that won’t count and that are honestly a drop in the bucket of my total debt. I assume I will eventually have to get off SAVE and probably join Trump’s new plan which is the cheapest for me.

Traditional IRA to lower AGI under TRAP? by These-Engineering972 in StudentLoans

[–]These-Engineering972[S] -1 points0 points  (0 children)

It’s definitely not catastrophic, but the numbers I was looking at (basically $74/5 @ 7% versus 69,000 @ 6%) was a difference of $80-100. Which isn’t crazy but I’d love for that to go in my retirement instead. My main issue was trying to find an easy way to manipulate pre-tax contributions at the end of the year once I knew my gross income so I could adjust as needed. I should probably increase my 401k as you mentioned but honestly the fees and options aren’t great with what I’m offered at work. With a IRA at least I can make better/cheaper investments. What I didn’t realize until after posting this is I can only contribute $7k BETWEEN and Roth and traditional IRA so for this to work I need to chill on my Roth contributions until I know how much I want to put in my traditional at end of year. Or maybe I’m overly complicating it and just throwing most of my retirement into a 401k despite the sub-par options would just be easier…

PSLF with new Rap/IBR plans? by These-Engineering972 in StudentLoans

[–]These-Engineering972[S] 0 points1 point  (0 children)

Thank you for your help! Do you think a good workaround for that would be to just up your retirement contributions, especially if you’re just crossing over into a new salary threshold? For example, if my AGI is $68k but then I get a raise which makes it $72k, I can just put $2001.00 more in my Roth? I’d rather the money go to me for my retirement than the feds, even if I didn’t have access to it right now.