Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

[MissThundercat]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Good morning, Lodge!

 

[JF_Gophers]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Morning.

Dentist went fine yesterday. Thankfully there was no pain involved with the needles.

Bob, I live 1 block from the TC marathon route. I'll be there to root ya on in mile 3!

 

[Chickens@NU]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

The Mrs. is sick and the Gummy Bear is sick. How have I not caught anything yet? I had a cold for maybe 2 days while my LO has been sick for about 5 weeks and now has an ear infection. I'm not complaining, just confused...

 

[bigblue_dl]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

I'd rather pocket the interest myself on the money all along. Then again, I actually know how to budget and earn money on my money.

Brent automatically loses this argument for agreeing with MNS.

I forgot to change my witholding from a 1 to a 2 again, so I will be paying in extra again this year. Otherwise I'd be pretty close to paying in exactly what I'm supposed to, with probably getting a very little back.

 

[Lady wore Black]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Good Morning, Lodge!

 

[goldy_331]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Good Morning Lodge. Snowing a little here today, very light and fluffy snow.

No idea. Sorry.

Jeeze, if I can't go to the Lodge for medical advice, where can I go?

Sorry folks on the taxes. Budgeting and controlling your spending is part of being an adult. If you need Uncle Sam to enforce a savings plan on you, I think it's time to take a basic personal finance class at the local CC, or something. I mean, what next? Are going to write checks for everything because you can't control your credit and debit card use?

 

[JF_Gophers]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Sorry folks on the taxes. Budgeting and controlling your spending is part of being an adult. If you need Uncle Sam to enforce a savings plan on you, I think it's time to take a basic personal finance class at the local CC, or something. I mean, what next? Are going to write checks for everything because you can't control your credit and debit card use?

Sorry if I don't feel like sending a check to the government every year. I'll continue claiming 0 thanks.

 

[bigblue_dl]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Sorry folks on the taxes. Budgeting and controlling your spending is part of being an adult. If you need Uncle Sam to enforce a savings plan on you, I think it's time to take a basic personal finance class at the local CC, or something. I mean, what next? Are going to write checks for everything because you can't control your credit and debit card use?

Ideally, I would pay in exactly what I am supposed to, so I don't have to pay or get a refund, but for 2 years straight now it has completely slipped my mind to change from claiming 1 to claiming 2. The company has 1 week in October to make those changes on some internal site, and I just don't think of it at that time.

 

[goldy_331]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Sorry if I don't feel like sending a check to the government every year. I'll continue claiming 0 thanks.

And thank you for the contribution!

I guess I can't fault anyone for being lazy, I certainly am too! Nor can I fault someone for forgetting something like changing a withholding during a narrow window, although, I frankly don't think they can do that to you bigblue. I'll check, but I believe you have the right to change your withholding at any time during the year. Accounting may not like it, but I don't think it's their call.

 

[bigblue_dl]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

And thank you for the contribution!

I guess I can't fault anyone for being lazy, I certainly am too! Nor can I fault someone for forgetting something like changing a withholding during a narrow window, although, I frankly don't think they can do that to you bigblue. I'll check, but I believe you have the right to change your withholding at any time during the year. Accounting may not like it, but I don't think it's their call.

We're supposed to change our withholding at the same time we chose our health insurance for the next year (and since the default health insurance is what you chose last year, and I have no reason to change it, I don't even mess with it), and outside of that window, the website isn't available. Maybe I have to go the accounting people directly to change it outside of that window.

 

[Chickens@NU]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

We're supposed to change our withholding at the same time we chose our health insurance for the next year (and since the default health insurance is what you chose last year, and I have no reason to change it, I don't even mess with it), and outside of that window, the website isn't available. Maybe I have to go the accounting people directly to change it outside of that window.

You can change it at any time, just print out a new w-4 and fill it out and give it to hr. That's what I did for the new year.

 

[Bakunin]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Sorry if I don't feel like sending a check to the government every year. I'll continue claiming 0 thanks.

Nobody (except maybe Brent) would actually send a check to the government. They have this new-fangled technological option called an "electronic funds transfer" that allows you to do it.

Brent, it's not so much about interest as it is about access. Rather than letting the government pocket over a grand of my money over the course of the year that it isn't entitled to, I'd rather have it in my account and under my control. Whether I choose to park it in a low yield savings account, pay extra principal on my mortgage, invest it, or fund a vacation is totally up to me. And again, since I actually know how to ****ing budget my funds like a rational responsible adult, in no way is having it the entire time "wasting" it. Waiting until February or whatever time the government refunds it each year so that I can have a phony windfall isn't accomplishing anything useful.

 

[goldy_331]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Brent, it's not so much about interest as it is about access. Rather than letting the government pocket over a grand of my money over the course of the year that it isn't entitled to, I'd rather have it in my account and under my control. Whether I choose to park it in a low yield savings account, pay extra principal on my mortgage, invest it, or fund a vacation is totally up to me. And again, since I actually know how to ****ing budget my funds like a rational responsible adult, in no way is having it the entire time "wasting" it. Waiting until February or whatever time the government refunds it each year so that I can have a phony windfall isn't accomplishing anything useful.

Yeah, what he said.

Also, back when my wife and I first started this approach, the interest we could realize was quite a bit more meaningful. We could dump that money into a money market account and earn a decent return on it.

 

[Beer Pong Horn]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Is going through the tax thing worth the $5 of interest you're gonna get on a savings acct or whatever? Or having the money to get an extra burger per week if you don't let the gub'ment take your money? I'll take the one-time cash drop. Not like I'm earning less than inflation anyway with my checking acct.

$5 x 52 = a plane ticket. Just sayin'.

Nobody (except maybe Brent) would actually send a check to the government. They have this new-fangled technological option called an "electronic funds transfer" that allows you to do it.

Brent, it's not so much about interest as it is about access. Rather than letting the government pocket over a grand of my money over the course of the year that it isn't entitled to, I'd rather have it in my account and under my control. Whether I choose to park it in a low yield savings account, pay extra principal on my mortgage, invest it, or fund a vacation is totally up to me. And again, since I actually know how to ****ing budget my funds like a rational responsible adult, in no way is having it the entire time "wasting" it. Waiting until February or whatever time the government refunds it each year so that I can have a phony windfall isn't accomplishing anything useful.

Lol, you're giving most people too much credit in regards to being "rational responsible adults."



Morning, Lodge. I'm working on next year's taxes by bringing most of a Jeep full of stuff to Goodwill.

 

[Bakunin]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Another issue is inflation. By not pocketing the money in the first place, you are not only handing it to the government interest free, but you are getting back money that has less purchasing power than the day you earned it.

 

[bigblue_dl]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Another issue is inflation. By not pocketing the money in the first place, you are not only handing it to the government interest free, but you are getting back money that has less purchasing power than the day you earned it.

Inflation is unavoidable, unless you spend it right away.

 

[Bakunin]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Inflation is unavoidable, unless you spend it right away.

Or invest it at a rate of return that at least offsets the inflation.

 

[DaveStPaul]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

Bob, I live 1 block from the TC marathon route. I'll be there to root ya on in mile 3!

And we'll see you at mile 22!

 

[goldy_331]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

For les, Twitch and Bakunin - just read an article on a new hospital being designed for Toronto that will be fully digital. From the article:

Upon entering the hospital, the ability to easily access data and information enables users to “connect” from points such as kiosks situated throughout the hospital or on mobile devices anywhere in the building. Once in patient rooms, Integrated Bedside Terminals (IBTs) allow patients to control their environment, order restaurant-style room service, and communicate with caregivers and family members via video. Doctors and nurses use voice recognition software to complete charts verbally, and smart bed technology monitors patients’ vital signs and updates electronic medical records immediately. Lab work specimens are delivered via pneumatic tubes, with results returned to hand-held mobile devices within minutes. While all this is happening, Automated-Guided Vehicles (AGVs) deliver supplies and equipment to units and clinics, allowing caregivers to fully devote their time to patient care. “The new facility is as automated as they come,” added Jeter. “The technology reinvented workflows and makes patient care a top priority.”

 

[mookie1995]

Re: Rep Retirement Lodge 142: On the 1000th Post of the Last Thread

S'upp y'all