Search found 574 matches

by donall
Mon Aug 24, 2015 9:03 pm
Forum: Investing - Theory, News & General
Topic: Cheap copy of Lange's Retire Secure 3rd Edition
Replies: 53
Views: 5368

Re: Cheap copy of Lange's Retire Secure 3rd Edition

I went to order, but noticed web address was not a https or equivalent. I just ordered (code is still working). URL was https. Yes, I was mistaken. I see https when I tap on the address line. For some reason the lock doesn't show up like in other sites such as bogleheads or amazon when signing in.
by donall
Sun Aug 23, 2015 2:36 pm
Forum: Investing - Theory, News & General
Topic: Cheap copy of Lange's Retire Secure 3rd Edition
Replies: 53
Views: 5368

Re: Cheap copy of Lange's Retire Secure 3rd Edition

I went to order, but noticed web address was not a https or equivalent.
by donall
Sat Aug 22, 2015 12:34 am
Forum: Investing - Help with Personal Investments
Topic: social security and WEP/GPO advice
Replies: 3
Views: 416

Re: social security and WEP/GPO advice

This SS link has information and WEP/GPO calculators
http://www.ssa.gov/planners/retire/gpo-wep.html
by donall
Tue Aug 18, 2015 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance instead of IRA in estate planning
Replies: 11
Views: 549

Re: Life insurance instead of IRA in estate planning

The link has the following subject:
These Retirement-Planning Loopholes Could Be Closing
and does not reference your topic of life insurance.
by donall
Tue Aug 18, 2015 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance instead of IRA in estate planning
Replies: 11
Views: 549

Re: Life insurance instead of IRA in estate planning

Can you provide a link to the article?
by donall
Tue Aug 18, 2015 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: My retirement number..is this realistic?
Replies: 18
Views: 2229

Re: My retirement number..is this realistic?

You've done a good job saving so far. As others have indicated, you need to define your parameters better to be able to make a more accurate analysis. I would suggest that you do some research on Social Security. It looks like your spouse may be eligible for spousal SS if you live in the US. As anot...
by donall
Mon Aug 17, 2015 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Do heirs inherit estate losses?
Replies: 9
Views: 2156

Re: Do heirs inherit estate losses?

As far as I know inherited assets should be valued the date of death or 6 months afterwards.
by donall
Mon Aug 17, 2015 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with health plan
Replies: 7
Views: 612

Re: Need help with health plan

You need a qualifying event to enroll in a health plan outside of the enrollment period. There is no need for a qualifying event to remove yourself from a plan. I would check with dad's plan and it may indicate that you can no longer be insured under his plan if you have a workplace plan available. ...
by donall
Sat Aug 15, 2015 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree with dependent who needs health insurance
Replies: 4
Views: 578

Re: Retiree with dependent who needs health insurance

Start an ACA application in senior's name, adding the grandchild. The grandson can be included in the family of two, if he/she is included on the federal taxes. There should be a place to indicate the senior will not be applying for insurance and the application will only process for the grandchild....
by donall
Mon Aug 10, 2015 9:51 pm
Forum: Personal Consumer Issues
Topic: 70 year old boiler for radiant heating. Upgrade or keep it running?
Replies: 14
Views: 881

Re: 70 year old boiler for radiant heating. Upgrade or keep it running?

Is the solenoid valve a blackflow check valve? Not sure, how would I tell? It doesn't look like a backflow check valve (as they do not need electrical connections), but then I am not a plumber. I would install one if you don't have one as it keeps the boiler water separate from the potable water.
by donall
Mon Aug 10, 2015 9:55 am
Forum: Personal Consumer Issues
Topic: 70 year old boiler for radiant heating. Upgrade or keep it running?
Replies: 14
Views: 881

Re: 70 year old boiler for radiant heating. Upgrade or keep it running?

We had our boiler replaced a few years ago and have had significant decreases in our heating bills. The new boiler is not high efficiency. Although we do not have this, our neighbors have an outside temperature sensor connected to the boiler that they say lowers the gas bill even more. I don't recal...
by donall
Mon Aug 10, 2015 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Brokered CD with Survivor Option
Replies: 2
Views: 250

Re: Brokered CD with Survivor Option

A brokered CD with a survivor option means that if the owner passes away, the beneficiary can redeem the full face amount or the value when sold. It is best to check the language of the CD papers to confirm this. For example, if a $50,000 10 year brokered CD is bought and the owner passes away the n...
by donall
Sun Aug 09, 2015 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B Supplement - Down to Few Options
Replies: 30
Views: 2050

Re: Medicare Part B Supplement - Down to Few Options

After working with some seniors .... Plan F is a good choice due to simplicity. Simplicity may not be an issue now, but later it may well be. I've been able to find mistakes on hospital and doctor bills quite easily because no money should be owed.
by donall
Sun Aug 09, 2015 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Former Housemate Owes Money - What to do?
Replies: 97
Views: 6127

Re: Former Housemate Owes Money - What to do?

If girlfriend wants to pursue in small claims court she should, realizing she may be out more money (court and filing charges) and time. From my little experience as a plaintiff in small claims court, the court may be able to garnish wages and if a judgement is filed, there may be a black mark on th...
by donall
Wed Aug 05, 2015 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Helping Dad Out: How to Simplify
Replies: 12
Views: 1122

Re: Helping Dad Out: How to Simplify

Went through the same thing a while ago. It took a long time, but turned out well, as the relative actually felt better seeing a summary of assets (expected income, fees, etc.) on a spreadsheet. If you are doing this please look into other areas such as medication, health, assistance at home, wills,...
by donall
Wed Aug 05, 2015 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Tax questions when selling a rental property
Replies: 24
Views: 1525

Re: Tax questions when selling a rental property

Perhaps a contract with buyer to get a yearly amount would work.
by donall
Mon Aug 03, 2015 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Moving Out of Edward Jones & Retirement Questions.
Replies: 6
Views: 649

Re: Moving Out of Edward Jones & Retirement Questions.

This link explains ACA and Cobra https://www.healthcare.gov/unemployed/cobra-coverage/ Mom will have to compare using expected income for the entire year to see if she will get subsidy. Sometimes Cobra is less costly than unsubsidized ACA coverage. Use this link to estimate how much ACA coverage wil...
by donall
Wed Jul 29, 2015 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Hefty Medical Bill
Replies: 38
Views: 2991

Re: Hefty Medical Bill

If you are in a state that has expanded Medicaid and your monthly earnings amount is less than the cutoff for Medicaid, look into Medicaid, as Medicaid may have a look back period of 3 months as long as the bill was not paid. We have this in our state, but am not sure of how this works in other stat...
by donall
Sun Jul 26, 2015 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Unsure how to proceed with retirement options for teaching job
Replies: 3
Views: 432

Re: Unsure how to proceed with retirement options for teaching job

I hope you will talk to someone in HR, as this is a most confusing document. I'm not sure your wife has a choice, as it seems that there are not options, but which plan your wife will have is dependent on her classification as an employee.
by donall
Sun Jul 26, 2015 9:48 pm
Forum: Personal Consumer Issues
Topic: Would you look down on a co-worker for driving a beater?
Replies: 196
Views: 13797

Re: Would you look down on a co-worker for driving a beater?

Are you trying to impress someone who will be at the office party? Maybe just rent a car because your car is in the shop.
by donall
Sat Jul 25, 2015 2:53 pm
Forum: Personal Consumer Issues
Topic: GE Profile Arctica Freezer issues
Replies: 7
Views: 644

Re: GE Profile Arctica Freezer issues

Yes, just went through this with a refrigerator, doing all the recommendations for fixes. Same symptoms. It had a tiny freon leak, so not much could be done.
by donall
Wed Jun 17, 2015 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: My grandparents need their hodgepodge of investments sorted out
Replies: 14
Views: 1931

Re: My grandparents need their hodgepodge of investments sorted out

I think it is important to find out what the needs are of your grandparents. $150,000 will not go far if there are long term care needs that need to be met with this money.
by donall
Fri Jun 05, 2015 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Advice on restructuring elderly parent's portfolio
Replies: 12
Views: 1215

Re: Advice on restructuring elderly parent's portfolio

Great advice from others. You have to know the tax situation. Seniors often pay very little federal tax due to the large amount of deductions on schedule A. Just the premiums for Medicare part B, Medigap, and Medicare part D for two will be close to the standard deduction. Add in dental, vision, hea...
by donall
Tue Jun 02, 2015 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Citizenship and Social Security
Replies: 7
Views: 839

Re: Citizenship and Social Security

ACA does not allow pre-existing conditions to be part of health insurance eligibility, so I am not sure what you are asking. The following link from SS may be helpful in your situation for SS in USA and Canada
http://www.ssa.gov/international/Agreem ... anada.html
by donall
Thu Apr 30, 2015 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Guidance About New Spouse's IRS Issues
Replies: 47
Views: 3158

Re: Guidance About New Spouse's IRS Issues

Just read this article in the NYTimes and thought it very relevant to your situation:
http://www.nytimes.com/2015/04/30/opini ... ref=topics

It seems that your husband is not alone.
by donall
Tue Apr 28, 2015 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Help Choosing Survivor Pension Option (50% vs 100%)
Replies: 25
Views: 2084

Re: Help Choosing Survivor Pension Option (50% vs 100%)

At 62, term life insurance can be pricey, especially if there is a health condition, and there is no cola.
by donall
Tue Apr 28, 2015 10:31 pm
Forum: Personal Consumer Issues
Topic: What is the best roofing material?
Replies: 17
Views: 1990

Re: What is the best roofing material?

Wood shingles add to the esthetic value of the house. The house will look very different with a different roofing material. Wood shakes last quite a long time (20-40 years), as the natural groves in the split wood are natural water pathways. How steep is your roof? What is under the wood shakes? Wha...
by donall
Tue Apr 28, 2015 10:14 pm
Forum: Personal Consumer Issues
Topic: My new dishwasher doesn't clean
Replies: 77
Views: 10770

Re: My new dishwasher doesn't clean

Yes, we had the same problem with a new dishwasher two years ago. We ended up using half the amount of detergent. Periodically we throw in a 1/2 cup of vinegar.
by donall
Fri Apr 24, 2015 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Approach to Second Act Career Switch
Replies: 22
Views: 2530

Re: Approach to Second Act Career Switch

Instead of jumping into a new career, do what others have done in your situation: - Take a long vacation or leave of absence. - Start to develop your outside interests, volunteer, professional affiliations into a second career. Taking small steps usually works better than a big step that might be in...
by donall
Tue Mar 31, 2015 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: My car is (supposedly) totaled. What to do?
Replies: 26
Views: 2690

Re: My car is (supposedly) totaled. What to do?

I'd take option #1 and not buy a car. I would rent a car for the few times I need one.
by donall
Mon Mar 30, 2015 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Implications of Marriage - she with debt and low income (WI)
Replies: 71
Views: 7714

Re: Implications of Marriage - she with debt and low income

banditking, you write: "She would continue, because of her low income (after business expenses), to qualify for subsidized ACA and possibly other assistance since my income is not factored into hers Should she return to school and close the business or otherwise stop working, there would be a h...
by donall
Sat Mar 28, 2015 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Mom seeking financial help - what to do?
Replies: 62
Views: 5527

Re: Mom seeking financial help - what to do?

Work with mom in setting up a monthly auto payment plan with IRS. Then automatically transfer that amount monthly to mom's account until the debt is paid up. Take the opportunity to work with mom and educate her on finances and taxes. It sounds like she needs more help with finances.
by donall
Fri Mar 27, 2015 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: 401k vs. state pension
Replies: 6
Views: 672

Re: 401k vs. state pension

I don't think there is enough information for advice. How much is the pension? What is the formula? Can you really retire after 20 years (for you that would be 47)? What investments does the ORP have? Are they low cost? What is the spousal benefit? Note that both ORP and SERS impact Social Security.
by donall
Mon Mar 23, 2015 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Corrected 1099-DIV: Do I have to amend my return?
Replies: 12
Views: 1406

Re: Corrected 1099-DIV: Do I have to amend my return?

I would. Amending a return is easy if you already have it set up on tax software.
by donall
Sat Mar 21, 2015 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Newly retired teacher - tax questions
Replies: 5
Views: 734

Re: Newly retired teacher - tax questions

Assuming a solo small business, the health insurance premiums (for her) are a deductable business expense.
by donall
Mon Mar 09, 2015 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Parents:Have you had any luck teaching your kids about money
Replies: 40
Views: 3155

Re: Parents:Have you had any luck teaching your kids about m

We've had 50/50 results with the same teaching.
by donall
Sun Feb 01, 2015 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Loan Terms -- Helping a friend going through Divorce?
Replies: 39
Views: 3910

Re: Loan Terms -- Helping a friend going through Divorce?

If you do make a loan to a friend or relative, have regular direct deposits made to your account. That way it is on autopilot.
by donall
Wed Jan 07, 2015 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help my 67 y/o mother retire
Replies: 14
Views: 1990

Re: Help my 67 y/o mother retire

If you can chip away at this, it would be good, as I doubt that you can make a quick, overall bogle-type change. It does sound like your mom has sufficient resources for retirement. You might want to investigate her social security options that include the spousal benefit (if married 10 years or mor...
by donall
Wed Jan 07, 2015 1:40 pm
Forum: Personal Consumer Issues
Topic: Slovenia And Croatia In May
Replies: 25
Views: 1947

Re: Slovenia And Croatia In May

Plitvice Lakes National Park (Plitvička Jezera) is one of Croatia's beautiful spots.
by donall
Wed Jan 07, 2015 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Help with financial planning - Spouse died in Nov
Replies: 9
Views: 1256

Re: Help with financial planning - Spouse died in Nov

Are you and DD getting Social Security benefits?
by donall
Wed Jan 07, 2015 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Medicaid and Roth Conversion / Gain Harvesting?
Replies: 23
Views: 2308

Re: Medicaid and Roth Conversion / Gain Harvesting?

Medcaid uses monthly income, while the Marketplace uses yearly income. You will be directed to Medicaid if your monthly income is at or below $2742 for a family of 4. Income limits for eligibility for children in medicaid are much higher, so the children will stay in Medicaid with income up to $71,5...
by donall
Mon Dec 29, 2014 10:44 pm
Forum: Personal Consumer Issues
Topic: Should I purchase a new car or wait?
Replies: 38
Views: 4682

Re: Should I purchase a new car or wait?

yoshald wrote:Manufacturer recommendations or dealership recommendations? Some dealerships are greedy and recommend their own dubious scheduled maintenance.


Yes, these are two very different recommendations.
by donall
Mon Dec 29, 2014 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion -- transfer of securities
Replies: 3
Views: 357

Re: Roth IRA conversion -- transfer of securities

As far as I know, the cost of the security at the time of the roth conversion is the important thing. If there are any funds in traditional accounts, then the prorate rule will be determined by the balances of roth and traditional balances on 12/31.
by donall
Mon Dec 29, 2014 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Advice For My Mother-In-Love
Replies: 8
Views: 647

Re: Advice For My Mother-In-Love

That large amount in money market is really an older person's need to feel secure. Money Market accounts have a history of pretty good interest in earlier years. Your mother-in-love has this imprinted on her, so don't try to change this too much. Best thing is to get this money into a CD ladder, wit...
by donall
Mon Dec 29, 2014 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Client Not Letting Independent Contractor Use LLC?
Replies: 32
Views: 4179

Re: Client Not Letting Independent Contractor Use LLC?

Not a lawyer here, but it seems easy enough to add your wife's name in parenthesis as the owner of the LLC. If that doesn't work, then filing some online paperwork to change the LLC name or even file "wife's name LLC" may work. Best wishes in the new year!
by donall
Sun Nov 02, 2014 11:13 am
Forum: Personal Consumer Issues
Topic: Advice for offer on ovepriced short sale house
Replies: 14
Views: 1539

Re: Advice for offer on ovepriced short sale house

No, your offer is not a waste of time, but you may have to keep offering it. I've seen a few houses drop a hundred thousand dollars on the MLS, and then get sold.
by donall
Sun Nov 02, 2014 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Any Legal ways to lower MAGI for ACA signup?
Replies: 34
Views: 5464

Re: Any Legal ways to lower MAGI for ACA signup?

Contributing to a 401K, 401A, etc. is one of the best way to reduce income for ACA calculations. From the California Department of Healthcare Services: "Pre-tax contributions, such as those for child care, commuting, employer-sponsored health insurance, flexible spending accounts and retirement...
by donall
Sun Nov 02, 2014 10:27 am
Forum: Personal Consumer Issues
Topic: COBRA Questions
Replies: 19
Views: 1874

Re: COBRA Questions

When you get your COBRA paperwork, read it carefully. You will have almost 2 months to decide to fill out the paperwork and pay your premium. Paying the premium is retroactive, so if the time between the end of a job and start of insurance in the new job is less than 60 days or whatever your paperwo...
by donall
Wed Sep 24, 2014 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Capital loss allowed?
Replies: 5
Views: 374

Re: Capital loss allowed?

OK, thanks for the information concerning cars and capital losses.
by donall
Wed Sep 24, 2014 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Capital loss allowed?
Replies: 5
Views: 374

Re: Capital loss allowed?

Thank you TheBeej418 for your quick response. I do not plan to use the car, I will sell it as soon as the title is clear.

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