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CelestialScribe fucked around with this message at 03:44 on May 28, 2020 |
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Dec 21, 2018 18:53
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The insurance figure you estimate may or may not be high or low — it really varies greatly based on your employer. I know people who pay $1k+/mo for health insurance (family). Also; the TYPE of coverage and other fee structures can vary widely. For instance, you might have a $20 copay per visit, or you could pay $50+. Additionally, make sure that you check cost and network participation with your insurance company and provider before you receive service (get diagnosis and procedure codes from the provider.) Also, not sure if the calculator you used accounted for this, but insurance premiums are paid for with pre-tax dollars (if you pay $5000 in health insurance premiums with a salary of $100k, you pay taxes on $95k).
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Dec 21, 2018 20:40
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Ah good to know, thank you.
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Dec 21, 2018 22:21
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on a monthly basis that seems sane, but keep in mind that seattle is quite expensive and your $1,800 will not get you too awfully far have you considered your one-time expenses associated with this move? edit: i see you have myriad car expenses - insurance, tags, etc but nothing about actually... buying a car KYOON GRIFFEY JR fucked around with this message at 23:39 on Dec 21, 2018 |
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Dec 21, 2018 23:32
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CelestialScribe fucked around with this message at 03:44 on May 28, 2020 |
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Dec 21, 2018 23:43
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are you sure you want to do that to yourself
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Dec 21, 2018 23:51
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KYOON GRIFFEY JR posted:are you sure you want to do that to yourself Yep. I do it now.
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Dec 22, 2018 01:05
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Hi there, I've lived in Seattle my whole life. If you have any area specific questions I'd be happy to help. The petrol cost is probably a bit high, my family gets around for about $200/month, we drive about as much as our peers and our cars are not particularly efficient. Of course in 3 years when you move fuel might be more then $3.10 a gallon and if you are expecting to travel an hour to each way to work that $300 might be right. The most important thing here is to end up on the same side of town as your job. The city is split East to west by a canal and North to South by a lake so as long as you live in the same quadrant as your work the commute is fine but if you go from a West Seattle house to Redmond work you will hate life. If you are going to work downtown use public transit, most employers will pitch in for a bus pass. We've been putting a lot of funding into rail and buses and it is getting better. It's the reason our car tabs are an extra $200/year more then most states. Parking downtown is about $300 a month some employers will pay part of that. I don't have any experience with commodity costs in Australia, but I do with New Zealand and what I found was that the prices aren't that much different but the quality is better so while the I would pay the same price at Bunnings or Home Depot for a tool, even though they were both made in China the one I bought in the US was better quality. I would definitely talk about whether or not your spouse will be working. Dual income is by far the norm in Seattle. In fact Dual Income; No Kids couples are a big part of the reason property prices are so high, along with zoning bullshit and high salaries. Special needs are handled pretty well at the schools but I'm not sure how Visa vs Citizen stuff works. Once you get outside the city limits school quality gets more hit and miss, some towns are great, some are not so great. Don't plan on private schools they are outrageously expensive and you need to be pretty impoverished to get much financial aid. Sounds like your kid will be out of daycare before you move which is good, daycare in town is normally over $1000/month.
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Dec 22, 2018 01:12
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Property tax is likely going to be 1% or about 3500 a year. Your housing cost might be a little low unless you have a nice down payment. And has already been stated housing costs are not affordable even an hour out.
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Dec 22, 2018 01:37
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CelestialScribe fucked around with this message at 03:45 on May 28, 2020 |
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Dec 22, 2018 02:26
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What you would consider an hour from Seattle and what is actually an hour from Seattle at rush hour are probably two very different things. There are places in Seattle that are within the city limits and an hour from other places in Seattle.
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Dec 22, 2018 02:44
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$350k for a house within an hour of Seattle... I know there are some cheaper suburbs, but I read a lot of appraisals and I don't know if it's realistic. Especially since as Thanasotian said the traffic really sucks in Seattle.
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Dec 22, 2018 05:05
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CelestialScribe fucked around with this message at 03:45 on May 28, 2020 |
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Dec 22, 2018 05:10
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You are drastically underestimating the costs for basically everything except gas. Unless you work in some place like Redmond and live in Duvall, your hour commute for $350,000 is also unlikely.
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Dec 22, 2018 20:53
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CelestialScribe fucked around with this message at 03:45 on May 28, 2020 |
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Dec 22, 2018 21:20
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CelestialScribe fucked around with this message at 03:45 on May 28, 2020 |
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Dec 22, 2018 23:40
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As mentioned before, health insurance is massively variable based on employer. It could cost you $100 or $1000 a month for your family. One thing you might want to consider is just about every health plan is going to have some out of pocket costs. Could be deductibles, copayments, or coinsurance, or a combination. Depending on the plan, they could be significant.
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Dec 24, 2018 17:03
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Seattle and New York are expensive. Living in NJ and commuting to NYC is expensive and also sucks. Atlanta is cheaper but if you know nothing about it I strongly recommend a visit first. There are many areas of the US with tech industry (what are we talking about? "Tech industry" is vague) and lower costs of living. I live outside Austin, TX and it's pretty nice, not expensive, and there are shitloads of tech jobs. Apple recently announced a 15k job/campus expansion, Oracle recently built a large HQ here, and there are hundreds of startups, etc. Broaden your search, is what I'm getting at. Living on either coast is not your only option in the US.
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Dec 24, 2018 17:18
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If you've got a kid with a qualifying diagnosis (and it sounds like you do), google "Washington State medicaid for disabled children" and call their state agency to talk about getting your kid covered by the State health insurance program. I have no idea how WA runs their state program, but my state Medicaid program will cover all qualifying children with no out of pocket expenses to their parents. That would save you a ton on health insurance and premiums for the inevitable expenses that you will incur.
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Dec 24, 2018 17:33
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CelestialScribe fucked around with this message at 03:45 on May 28, 2020 |
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Dec 24, 2018 18:37
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I live in Federal Way and it takes me anywhere from an hour to an hour and a half to get to Mercer Island it sucks. If you work downtown, riding the commuter rail is much better it took me about half an hour to get from Auburn to Seattle with occasional days of miserable multiple hour delays. I assume Everett is a similar amount of time from the North. You can buy places for 350K within an hour of Seattle, it just depends on how big and how nice the place you are buying actually is and where you are getting it. The advice of living on the side of Seattle you need to go to is very good though. If you end up working in Bellevue, Kirkland, Redmond get something on the East side of Lake Washington. Jack2142 fucked around with this message at 22:31 on Dec 24, 2018 |
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Dec 24, 2018 22:24
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CelestialScribe posted:If I had a general engineering job, I would agree. And we are looking at cities like Denver etc. Unfortunately my role is rather specialised. I lived in Denver for 8 years. It has gotten expensive and full of traffic too, though I'd rank it better than Seattle in those regards. You don't have to say exactly what you do if it makes you uncomfortable but a bit more detail would help us guide you. $350K USD would buy you a small palace where I live and I'm under 40 minutes from downtown Austin with traffic.
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Dec 24, 2018 23:01
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CelestialScribe fucked around with this message at 03:45 on May 28, 2020 |
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Dec 24, 2018 23:12
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CelestialScribe fucked around with this message at 03:45 on May 28, 2020 |
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Dec 24, 2018 23:15
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CelestialScribe posted:Yeah we are currently visiting family in Denver right now. I love the atmosphere here though. Thin and devoid of moisture?
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Dec 26, 2018 15:06
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CelestialScribe fucked around with this message at 03:45 on May 28, 2020 |
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Dec 26, 2018 20:36
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CelestialScribe fucked around with this message at 03:45 on May 28, 2020 |
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Jan 9, 2019 00:54
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If your move to the US is going to be permanent, just sell the house. There's no way the potential upside outweighs the hassle and expense of being a (very) remote small time landlord.
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Jan 9, 2019 04:06
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CelestialScribe fucked around with this message at 03:46 on May 28, 2020 |
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Jan 9, 2019 04:21
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Until you realize the rent as well as eventual appreciation both get taxed in the US as well as AU and you're going to spend an extra few hundred dollars or a day or two of your life squaring that circle every year, on top of potentially having to file FATCA because you have enough foreign assets to qualify (this is a nightmare don't do this).
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Jan 9, 2019 04:23
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CelestialScribe fucked around with this message at 03:46 on May 28, 2020 |
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Jan 9, 2019 04:28
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CelestialScribe posted:So just to revisit this. Shine on, you crazy diamond, and good luck. Personally I think you are either a madman and/or are getting some pretty terrible advice but I do wish you well.
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Jan 9, 2019 04:34
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CelestialScribe fucked around with this message at 03:46 on May 28, 2020 |
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Jan 9, 2019 04:51
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Your required income estimates are a lot lower than what I have used as a DINK couple thinking vaguely about New York - and we don't have a special needs child to look after. Of course, I include maxing 401(k) and IRAs as part of an income requirement, and you should, too!
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Jan 9, 2019 13:41
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CelestialScribe posted:My instinct is to rent this home out as the rent will easily cover the mortgage. I can pay a property manager here to look after the property and to make sure everything is okay. My ideal is to hold on to this property for as long as possible, so we can either use it in retirement or sell it. If you didn't already own this home, and could buy it and rent it out, would you? If not, then sell your house. You don't want to worry about a home halfway around the world. Renters trash things, the home may stay vacant and cost you more money. If housing prices are going down, rent will eventually follow, and then you may be net negative every month.
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Jan 9, 2019 14:56
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CelestialScribe fucked around with this message at 03:46 on May 28, 2020 |
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Jan 9, 2019 19:37
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I don't try to be nearly as precise as you because it's hard to account for fluctuations. I pad everything and shoot for round numbers, and miss high. It gives you a little more wiggle room. You should not be doing this on the razor's edge. If you beat your estimate, great. I'd rather estimate it took say, $155K for me to live in Place X and surprise, it really only takes $130K rather than be on the other side of that calculation, especially if I'm moving across the globe. Retirement (401ks, IRAs) HSA 529 Forced Savings Rent Renter's insurance Utilities (yours seems a bit light to me) Data/Cell Web services Accrual for new cars (you are missing this, eventually you will have to buy a new car beyond whatever you buy when you move over here) Car maintenance Car insurance and reg Fuel (i think your number seems light for a dude with a 1 hour each way commute) Non-car transport (taking a taxi to the airport, taking the bus, parking downtown, etc - you're also missing this) Food Fun food (this is i assume included in your $600/mo number for you and her) Clothing (this is i assume included in your $600/mo number for you and her) Misc fun money (this is i assume included in your $600/mo number for you and her) Vacation (you are missing this) I ended up with about a 155K requirement to live in NY, no kids. Of course, this is with actually maximizing 2 401ks and 2 IRAs (your original budget does not allow for this at all), and it also includes about $5K/year of random idiot expenses due to my third car, which is certainly not necessary... Personally I still think your estimates for what your son costs and what your mortgage, property taxes, HOA fees, etc are going to cost are a lot lower than anything that I would use. Right now you are claiming that your kid costs $2,400/year plus food.
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Jan 9, 2019 20:27
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CelestialScribe fucked around with this message at 03:46 on May 28, 2020 |
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Jan 9, 2019 22:43
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I'm glad it was helpful!
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Jan 9, 2019 23:51
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CelestialScribe fucked around with this message at 03:46 on May 28, 2020 |
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Jan 10, 2019 06:13
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