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Re: Where to withdraw?

As long as you're in a stable marriage and filing taxes jointly I don't see where it matters. Just make sure each of you designates the other as beneficiary on his/her accounts. If you are filing separately it's possible there might be some little advantage in taking one over the other, but that wou...
by cheese_breath
Mon Sep 01, 2014 12:29 am
 
Forum: Investing - Help with Personal Investments
Topic: Where to withdraw?
Replies: 12
Views: 722

Re: Where to withdraw?

Can we combine tax-advantaged accounts into "Ours" rather than "His" and "Hers"? Simple answer: no. Yes, I thought so. Too bad. A mandatory addition to our mental accounting. L. Shouldn't be too bad. My wife doesn't have any IRAs, but I have 2 tIRAs and 2 Roths. Easy t...
by cheese_breath
Mon Sep 01, 2014 12:01 am
 
Forum: Investing - Help with Personal Investments
Topic: Where to withdraw?
Replies: 12
Views: 722

Re: Where to withdraw?

Leeraar wrote: Can we combine tax-advantaged accounts into "Ours" rather than "His" and "Hers"?

Simple answer: no.
by cheese_breath
Sun Aug 31, 2014 11:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Where to withdraw?
Replies: 12
Views: 722

Re: Does your employer still offer pensions to new hires?

This question is only for employees in the US. Both my wife and I are considering eventually leaving our employers but are right now limiting our options to employers that still offer a defined pension program. I think you're unwisely restricting your options. Even if you find a company that appear...
by cheese_breath
Sun Aug 31, 2014 1:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does your employer still offer pensions to new hires?
Replies: 49
Views: 2993

Re: Excess RMD

I noticed that most of the "spending in retirement" articles I read seem to assume that distributions are for spending and never even mention moving money into savings. I noticed that many of the 'retirement finances' articles seem to focus on one aspect of the total final picture to the ...
by cheese_breath
Sat Aug 30, 2014 3:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Excess RMD
Replies: 19
Views: 935

Re: Auto Loan Payoff question

Or, B2) Continue paying on the 0% loan ($431.80) from your checking account and invest the $17272 into Vanguard ETFs immediately, or dollar cost average if you prefer. If you DCA you can get better than 0.5% interest on the remaining cash in an online bank. Why would you want to pay off a 0% loan ea...
by cheese_breath
Sat Aug 30, 2014 3:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: Auto Loan Payoff question
Replies: 7
Views: 774

Re: Excess RMD

jsl11 wrote:Reinvest it in a taxable account.

+That's what I do. There's no IRS requirement that you have to spend the RMD.
by cheese_breath
Sat Aug 30, 2014 2:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Excess RMD
Replies: 19
Views: 935

Re: Recommendations for Cordless Phone System for Home?

I have an AT&T 2-phone set with answering machine (without cell connectivity) that has been working fine for several years. Haven't changed batteries but expect it to be special ones. Still have corded phone as well that works when power is out. +1 Me too. Don't care much for some other aspects...
by cheese_breath
Sat Aug 30, 2014 2:38 pm
 
Forum: Personal Consumer Issues
Topic: Recommendations for Cordless Phone System for Home?
Replies: 14
Views: 1076

Re: Sports Motivation Waning

Well, if tennis gets to be too much there's always pickleball. :D
by cheese_breath
Sat Aug 30, 2014 2:32 pm
 
Forum: Personal Consumer Issues
Topic: Sports Motivation Waning
Replies: 18
Views: 1609

Re: ACH transfers

I'm just guessing, but I suspect the transfers don't happen instantaneously. The daily transactions are probable all held in a queue and processed together in a nightly batch processing job. At least that's the way we used to do it in ancient days before I retired. It wouldn't surprise me if lot of...
by cheese_breath
Sat Aug 30, 2014 1:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: ACH transfers
Replies: 14
Views: 985

Re: Ideas for thanking a doctor

Pay your bill? :wink:
by cheese_breath
Sat Aug 30, 2014 10:05 am
 
Forum: Personal Consumer Issues
Topic: Ideas for thanking a doctor
Replies: 58
Views: 2591

Re: ACH transfers

One thing that has always puzzled me was the necessity of waiting for about 2 working days for the $$$ to be transferred. It seems that these are an all electronic record, so should go at some fraction of the speed of light. Well not quite that fast but certainly faster than days. :D Unless there a...
by cheese_breath
Sat Aug 30, 2014 9:50 am
 
Forum: Personal Finance (Not Investing)
Topic: ACH transfers
Replies: 14
Views: 985

Re: Sports Motivation Waning

Is it possible your decreasing mojo might be a good thing in that it may lessen the chances of pushing your aging body to try doing things it’s no longer capable of doing? I’m retired too and like to think I’m still in reasonably good physical condition. But there are things I used to do that I don’...
by cheese_breath
Sat Aug 30, 2014 9:38 am
 
Forum: Personal Consumer Issues
Topic: Sports Motivation Waning
Replies: 18
Views: 1609

Re: Sports Motivation Waning

You're retired. Why do you need to get your mojo back? Relax and have fun. You can participate in tennis and other games for the enjoyment of playing even if you don't win.
by cheese_breath
Fri Aug 29, 2014 10:52 pm
 
Forum: Personal Consumer Issues
Topic: Sports Motivation Waning
Replies: 18
Views: 1609

Re: ACH transfers

Many banks and credit unions will "pull" (by ACH) from another bank or credit union account - either on a one-time basis or on a regular schedule. One example of a "pull" ACH is commonly done if you are late on a loan payment (that you normally pay by check) and you are contacte...
by cheese_breath
Fri Aug 29, 2014 7:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: ACH transfers
Replies: 14
Views: 985

Re: Poll: How many own zero/few stocks?

The results are in... To date, the "experts" picks beat the Indexers handily. http://americasmarkets.usatoday.com/2014/08/29/these-20-favorite-stocks-are-delivering/ Does suggest following their rec's in a bull market to make a good buck You could try it if you like and report back to us ...
by cheese_breath
Fri Aug 29, 2014 11:29 am
 
Forum: Investing - Help with Personal Investments
Topic: [Sell off individual stocks?] How many own zero/few stocks?
Replies: 68
Views: 2666

Re: Where can I get a job like this?

I'm not sure an elderly couple will want toddlers in their house. We might think they're cute for an hour or two, but after that we can get pretty cranky about it.
by cheese_breath
Fri Aug 29, 2014 10:53 am
 
Forum: Personal Finance (Not Investing)
Topic: Where can I get a [toddler-friendly weekend] job?
Replies: 18
Views: 1870

Re: Index Stategy Question

I would have suggested the Wilshire indexes, but they're no secret to the public.
by cheese_breath
Fri Aug 29, 2014 9:42 am
 
Forum: Investing - Help with Personal Investments
Topic: Index Stategy Question
Replies: 10
Views: 633

Re: Poll: How many own zero/few stocks?

3) My 3 largest equities have out-performed the market handsomely since purchased in late 1990s. I'd hate to sell my "winners". I love this one. Would you prefer to wait until they're your losers like maybe Enron, WorldCom, GM, and many others? Personally I don't own any individual stocks...
by cheese_breath
Fri Aug 29, 2014 9:25 am
 
Forum: Investing - Help with Personal Investments
Topic: [Sell off individual stocks?] How many own zero/few stocks?
Replies: 68
Views: 2666

Re: Possible mail scam?

I'm making no recommendation here , but they do have a website http://marketsphere.publishpath.com/ The address and Email information on your letter match the info on the website http://marketsphere.publishpath.com/letter Answers.com says it's not a scam FWIW http://www.answers.com/Q/Is_the_marketsp...
by cheese_breath
Fri Aug 29, 2014 9:17 am
 
Forum: Personal Consumer Issues
Topic: Possible mail scam?
Replies: 11
Views: 1158

Re: Own the same fund in multiple accounts?

I own Vanguard TSM in taxable, IRA and Roth accounts. Also TIAA Traditional in IRA and Roth accounts.
by cheese_breath
Thu Aug 28, 2014 9:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Own the same fund in multiple accounts?
Replies: 9
Views: 915

Re: SS Benefits

It won't hurt you. Your SS benefits are based on your highest 35 years 'indexed' earnings (previous earnings restated in terms of today's wages to reflect growth). So if you already have 35 years of higher earnings your lower part-time wages won't be considered. If you don't have 35 years earnings t...
by cheese_breath
Thu Aug 28, 2014 8:58 am
 
Forum: Personal Finance (Not Investing)
Topic: SS Benefits
Replies: 6
Views: 818

Re: Family loan implications

Why are people suggesting making a gift out of the loan? If the brother did not pay back his loan, it seems to me the parents should at least try to get a tax break from the loss. Because he's their son. As you point out in your first post the IRS may consider the forgiven loan as income, and maybe...
by cheese_breath
Wed Aug 27, 2014 12:36 am
 
Forum: Personal Finance (Not Investing)
Topic: Family loan implications
Replies: 12
Views: 613

Re: 87 Year Old Grandmother Has $600,000 In the Bank

Aceman wrote: 'The trust/properties/money is managed by my fiance's mother...since the trust is intended to also benefit my fiance (and I, it turns out) down the road);' I stand by my comments donocash. You may have missed the above and his/her other comments about the trust potentially supporting ...
by cheese_breath
Mon Aug 25, 2014 11:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: 87 Year Old Grandmother Has $600,000 In the Bank
Replies: 42
Views: 5474

Re: Huge rate increase on umbrella insurance renewal

I had a similar increase on my homeowner's insurance last year. When I compared it to the previous year's policy I discovered a major difference in the credit rating variable. I contacted my agent who had the company take a second look, and their revised number actually came back less than the previ...
by cheese_breath
Mon Aug 25, 2014 9:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: Huge rate increase on umbrella insurance renewal
Replies: 2
Views: 561

Re: did I damage my fridge by leaving the door open for a we

investingdad wrote:... Get a cold drink from the fridge and move on. :happy

Or maybe a warm drink from the fridge. :P
by cheese_breath
Mon Aug 25, 2014 3:46 pm
 
Forum: Personal Consumer Issues
Topic: did I damage my fridge by leaving the door open for a week?
Replies: 31
Views: 2691

Re: Agreement Regarding Vacation Property

I will say that we have already committed to doing this, so the "don't do it" train has already left the station. No money has yet changed hands, but we've given our word to our friends to move ahead with the seller.... In spite of the issues we've thrown in your path you continue to hono...
by cheese_breath
Mon Aug 25, 2014 12:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Agreement Regarding Vacation Property
Replies: 21
Views: 1522

Re: Recalled baby crib - modify to donate to charity?

Even after disassembling it I wouldn't discard all the parts together to avert the possibility of some 'trash harvester' putting it back together and selling it later.
by cheese_breath
Mon Aug 25, 2014 11:57 am
 
Forum: Personal Consumer Issues
Topic: Recalled baby crib - modify to donate to charity?
Replies: 10
Views: 570

Re: Recalled baby crib - modify to donate to charity?

Certainly don't donate it. Even if you escaped financial liability how would feel knowing you were responsible for a small child's injury or death?
by cheese_breath
Mon Aug 25, 2014 11:48 am
 
Forum: Personal Consumer Issues
Topic: Recalled baby crib - modify to donate to charity?
Replies: 10
Views: 570

Re: Agreement Regarding Vacation Property

I was trying to take the potentially increased value out of the discussion in order to focus on other aspects. What we actually intend to do is adjust the Fair Market Value of the property in the LLC annually by mutual agreement. If or some reason we couldn't agree on an adjustment in a given year,...
by cheese_breath
Mon Aug 25, 2014 8:47 am
 
Forum: Personal Finance (Not Investing)
Topic: Agreement Regarding Vacation Property
Replies: 21
Views: 1522

Re: Google Chrome vs. Firefox and Internet Explorer

I'm no help. I can access my Amazon account on both Win/7 Chrome and Chromebook with no problem.
by cheese_breath
Sun Aug 24, 2014 11:51 pm
 
Forum: Personal Consumer Issues
Topic: Google Chrome vs. Firefox and Internet Explorer
Replies: 24
Views: 1647

Re: Agreement Regarding Vacation Property

Still interested in any comments regarding the exit conditions. What are the exit conditions if the property loses value? Half the current value? How is current value determined? Each family hire its own appraiser, or do both agree on a single appraiser? Arbitration if they can't agree? What is the...
by cheese_breath
Sun Aug 24, 2014 11:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Agreement Regarding Vacation Property
Replies: 21
Views: 1522

Re: did I damage my fridge by leaving the door open for a we

I know nothing (about refrigerators), but if I left the door open a week I'd be having the same concerns as you do. Normally I don't care much for extend warranties, but if it's only about the cost of one service call I might change my mind in this case just for the peace of mind.
by cheese_breath
Sun Aug 24, 2014 9:02 pm
 
Forum: Personal Consumer Issues
Topic: did I damage my fridge by leaving the door open for a week?
Replies: 31
Views: 2691

Re: Where to put my house down payment money at Vanguard?

If you're going to need it in 2 1/2 years I wouldn't put it in Vanguard. I'd use a FDIC insured CD or savings account. For example, Ally Bank's 2 year Raise Your Rate CD is currently paying 1.19%. Compare that with a Vanguard money market fund.
by cheese_breath
Sun Aug 24, 2014 8:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Where to put my house down payment money at Vanguard?
Replies: 8
Views: 852

Re: need birth certificate to file for SS?

caroljm36 wrote:Should I just go ahead and get an official certificate?

Yes. Even if you don't need it for SS you should get one anyway. You never know when you will need it. I needed mine to get my passport. How did you get a passport without one?
by cheese_breath
Sun Aug 24, 2014 8:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: need birth certificate to file for SS?
Replies: 14
Views: 1423

Re: Agreement Regarding Vacation Property

....Our first thought is a straightforward agreement that if either couple wishes to exit, the other couple can purchase them out by buying their 50% share (initial investment plus pro-rate share of capital investments only) over 10 years at no interest. Anyone have any other suggestions on how to ...
by cheese_breath
Sun Aug 24, 2014 8:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: Agreement Regarding Vacation Property
Replies: 21
Views: 1522

Re: Active/Passive: Ellis's "Rise and Fall ..."

I don’t have time to go through a 23 page article right now so I’ll just throw in a couple quick comments. This should get your thread bumped to the top of the list and may entice some comments from those more knowledgeable than me. Q1… I don’t see any change in the value of indexing. Indexes track ...
by cheese_breath
Sun Aug 24, 2014 1:23 pm
 
Forum: Investing - Theory, News & General
Topic: Active/Passive: Ellis's "Rise and Fall ..."
Replies: 4
Views: 630

Re: 87 Year Old Grandmother Has $600,000 In the Bank

It would be ideal if the money could be used to generate a return for the family that remains after she passes, but obviously it needs to be in secure enough investments so that, at minimum, it can be available to take care of her for the next 5-10 years. Any suggestions? I concur with the other su...
by cheese_breath
Sun Aug 24, 2014 10:14 am
 
Forum: Investing - Help with Personal Investments
Topic: 87 Year Old Grandmother Has $600,000 In the Bank
Replies: 42
Views: 5474

Re: POLL: Age for Collecting Social Security Benefits

And another small point, I assumed constant income tax rate (in which case the rate chosen washes out among alternatives). But note that in a somewhat related decision, the wisdom of Roth conversions, the pro-conversion argument points to the possibility that the investor's tax rate might go up at ...
by cheese_breath
Sat Aug 23, 2014 2:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: POLL: Age for Collecting Social Security Benefits
Replies: 103
Views: 7365

Re: Do you tip on the tax?

But this assumes I was provided with good service. I did tip $0.01 one time for rotten service. After delivering the food to the table the waitress stood at the other side of the restaurant chatting with the other waiters and didn’t come near my table again until she brought the bill. I wonder if t...
by cheese_breath
Sat Aug 23, 2014 8:55 am
 
Forum: Personal Consumer Issues
Topic: Do you tip on the tax? [Restaurants]
Replies: 124
Views: 4977

Re: using the 15% tax bracket

I think your basic premise, use the 15% tax bracket to your advantage is sound. How one can best use it will vary based on where assets are held, from where it makes sense to draw funds to live on, and the potential for stepped up basis for heirs. Sure. I don't think I'm letting the tax tail wag th...
by cheese_breath
Sat Aug 23, 2014 12:15 am
 
Forum: Personal Finance (Not Investing)
Topic: using the 15% tax bracket
Replies: 42
Views: 4306

Re: using the 15% tax bracket

Nobody knows what's going to happen to LTCG, and we're not supposed to speculate. But one thing you didn't mention is harvesting your LTCG with zero taxes when the markets are up gives you a higher basis which potentially could be advantageous in harvesting losses and reducing taxes if the markets d...
by cheese_breath
Fri Aug 22, 2014 8:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: using the 15% tax bracket
Replies: 42
Views: 4306

Re: Do you tip on the tax?

I reserve my moral outrage about tipping for the business owners who have made the choice to not pay their employees a fair wage. If you don't like tipping, the best thing to do is to not patronize restaurants where tipping is expected. If you go to a restaurant where tipping is standard, but you d...
by cheese_breath
Fri Aug 22, 2014 5:32 pm
 
Forum: Personal Consumer Issues
Topic: Do you tip on the tax? [Restaurants]
Replies: 124
Views: 4977

Re: Do you tip on the tax?

TheRightKost87 wrote:Why do some pay with credit cards, but tip cash?

Because they're concerned management might not give the entire tip to the waitstaff if it's on the credit card.
by cheese_breath
Fri Aug 22, 2014 4:06 pm
 
Forum: Personal Consumer Issues
Topic: Do you tip on the tax? [Restaurants]
Replies: 124
Views: 4977

Re: Why don't utilities get any praise

Thanks to a recent thread by Gambler, I recently learned that utilities pays the highest dividend among all the Vanguard funds at 3.5%. For investors seeking income, why is it that utilities are not really suggested or brought up? It's usually bonds or REITs for income. I declare my own dividends, ...
by cheese_breath
Fri Aug 22, 2014 9:31 am
 
Forum: Investing - Theory, News & General
Topic: Why don't utilities get any praise
Replies: 39
Views: 3691

Re: Do you tip on the tax?

shaboob wrote:... Outstanding service on a $150 meal? Wouldn't go to a place like that and sure wouldn't tip $60....

I wouldn't tip 40% either, but I might bump it up to 25% if the service was outstanding.
by cheese_breath
Fri Aug 22, 2014 9:23 am
 
Forum: Personal Consumer Issues
Topic: Do you tip on the tax? [Restaurants]
Replies: 124
Views: 4977

Re: Do you tip on the tax?

nisiprius wrote:...I think it is churlish to calculate a precise percentage...

+1

I imagine I'm not the only one who has seen people with pencil and paper calculating the tip down to the penny. Must be embarrassing for those sitting with them.
by cheese_breath
Fri Aug 22, 2014 9:13 am
 
Forum: Personal Consumer Issues
Topic: Do you tip on the tax? [Restaurants]
Replies: 124
Views: 4977

Re: Do you tip on the tax?

I’ve sometimes been accused of being cheap, but even I’m not that cheap. Let’s say I go to a fine restaurant and run up $100 for the meal. And let’s say tax is 10% bringing my total bill to $110. And let’s say I give a 20% tip. If I tip on the meal alone my tip is $20. If I tip on the total bill my ...
by cheese_breath
Fri Aug 22, 2014 8:36 am
 
Forum: Personal Consumer Issues
Topic: Do you tip on the tax? [Restaurants]
Replies: 124
Views: 4977

Re: Giving back, charity, and similar

Church
Salvation Army
Wheels for the World (Joni and Friends ministry to provide wheelchairs to handicapped)
Annette Funicello Research Fund (MS research)
by cheese_breath
Thu Aug 21, 2014 7:12 pm
 
Forum: Personal Consumer Issues
Topic: Giving back, charity, and similar
Replies: 22
Views: 1499

Re: Using Credit Card to Pay Off Student Loans

Exactly how much in interest will you save in 5 months? I would want to calculate that before I did it. In a perfect world assuming you are able to pay it off before the 0% APR expires any savings greater than zero would seem to be a good deal. But you don't want to stretch your budget to the limit...
by cheese_breath
Thu Aug 21, 2014 9:35 am
 
Forum: Personal Finance (Not Investing)
Topic: Using Credit Card to Pay Off Student Loans
Replies: 24
Views: 1133
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