Paying fellow employee for vacation time

[jjandjab]

Like this thread. Impressed by some of the high net worth of individuals who have shared. I am curious if many of you have your net worth tied up in retirement...

[jjandjab]

Fortuitous enough to have bought tens of thousands of warrants (not common stock) of VTIQ at an average price of about $10 (lowest was 5.50). Sold my...

[jjandjab]

Haha, right. I wish it was - I would love to see clean energy heavy duty trucks happen sooner rather than later....

[jjandjab]

So I invested in VTIQ/NKLA as I love the idea of hydrogen fuel cells as a potential solution to the power and battery weight issue for long haul trucking....

[jjandjab]

Haha, I was getting ready to toss out my opinons in until I saw the 7/2018 dates. But thanks for coming back to post an update. The gist of my two cents...

[jjandjab]

I'm giving a shout out to those of us that might have a more typical progression by making mistakes and spending more than we should at times - unless...

[jjandjab]

ZZZ wrote: “15k per week before taxes and benefits. So I’d be OK with the post-tax, pre-benefit amount. That would like be 20k” First, what value is assigned to an extra week wo...

[jjandjab]

Zaphod wrote: Just remember that its awesome in the first place they even consider paying. They certainly dont have to, and if you made extra money, what you lost is time. If you didnt ma...

[jjandjab]

Interesting comments thus far. As radiologists, we earn about 15k per week before taxes and benefits. So I'd be OK with the post-tax, pre-benefit amount....

[jjandjab]

Hi all, So I noodled around on Google for something about this situation, but didn't see anything jumping out. I am an employed radiologist as is my "p...

[jjandjab]

If the Lifepath 2045 fund is really just an ER of 0.01, then that's a no-brainer to me - I'd just keep putting it all in there and dollar cost averaging...

[jjandjab]

Lithium wrote: I started on July 1st because otherwise I would have missed out on 6 months of my 401k match. Smart but incredibly stupid. I’m hoping I can quit my job in the not-so-distant future and go locum and have plenty of ...

[jjandjab]

Yes, every year. Some years a little, some years more - about 5K last year. I am employed at a critical access hospital and they really are well run and...

[jjandjab]

So I currently have the typical IRA and solo 401k at Fidelity, invested in a pretty typical mix of index funds and bonds (70/30). But I have been thinking...

[jjandjab]

Agree with leaving 401k alone. And definitely look into 0% credit cards as a short term interest free loan if needed. My question - how much is kids pre...

[jjandjab]

Similar to your situation, 5 years ago at my wife's request we moved from an "in-town" neighborhood in a 2600 sg ft house to a super nice neighborhood...

[jjandjab]

I do think you have a point. The amount of debt being accumulated is pretty staggering. And unlike housing in 2007-2009, there isn't even a hard asset...

[jjandjab]

I don't know. So often the comment bantered around is "replacing doctors with midlevels". But what I actually see, at least in my neck of the woods, is...

[jjandjab]

Kamban wrote: jjandjab Just after I replied to the happy philosopher did find that you post above ( which was posted while I was typing mine ) is exactly the same, including words like pay it for...

[jjandjab]

TheHappyPhilosopher wrote: I contribute just enough to get my state income tax deduction. I’m guessing there will be about 50k or so per kid when all is said and done. I may end up helping them more with col...

[jjandjab]

FIREshrink wrote: jjandjab wrote: We have between 145-160k each for three kids (ages 17,16 ad 14) in 529 plans. We are currently contributing up to the the state income tax credit limit (I earn inco...

[jjandjab]

We have between 145-160k each for three kids (ages 17,16 ad 14) in 529 plans. We are currently contributing up to the the state income tax credit limit...

[jjandjab]

wow- big computing must have censored this... Will post again later (I'm a radiologist and my post disappeared as I clicked on it - now I'm worried)

[jjandjab]

If they are family, especially close family, I just tell them. Doesn't bother me. Why should income be so taboo. People share WAY more about things in...

[jjandjab]

Agree with above on residency. Given you have a family, I would much rather have the flexibility to be at home or work more shifts as I see fit, rather...

[jjandjab]

And I didn't even mention the 700k inheritance. You and your wife could drop that in account and pay for college no matter what for multiple kids in 18...

[jjandjab]

To OP - yes people on here can be a bit harsh when it comes to this stuff. Let me just give you my math as to why I think this policy is terrible - ...

[jjandjab]

I would just present it as the 150k will be divided by the number of nights/percentage of call per partner. There is really no plausible argument for...

[jjandjab]

I don't know any early retirees. In fact, all of the physicians with whom I have worked directly chose to work well into their 60's. Some were great with...

[jjandjab]

I have a side job doing teleradiology from home as an independent contractor and have a dedicated home office. I can deduct utilities, but only a percentage...

[jjandjab]

Personally, I am a money in the bank kind of guy, being less risk averse. And I have no qualms at all with being an employee - in the right situation...

[jjandjab]

Congrats on the new job. My input here is to make sure to read about the issues surrounding non-governmental 457 plans. They are a strange beast... I...

[jjandjab]

I did night teleradiology 7on/7off about 3 years ago, being around age 40 and with a family. With the schedule you propose, I'm thinking you might be...

[jjandjab]

My few thoughts. First, I totally agree that you should not do these without more information. And I agree with the general advice of WCI and Vagabond. B...

[jjandjab]

I am a radiologist. I have chosen not to invest in any centers (although there is now only one in my area - there used to be two). I am admittedly a cautious...

[jjandjab]

OK, I'll take the bait from the last post. Not only income, but also area where practicing and family size have huge impacts. Current net worth - aro...

[jjandjab]

If you are still a resident or fellow and don't have any "baggage" of other licenses/credentials except where you trained, I would also suggest just doing...

[jjandjab]

Radiologist - almost 12 years. Id say 9/10 right now. As with some of the other seasoned docs, it has gone up and down over the years. - First 5-ish...

[jjandjab]

Thanks again for the quick response!

[jjandjab]

Good morning - I have a similar situation and just want to confirm as my new employed hospital partner has been stressing out about CME reimbursement. W...