Search found 535 matches

by littlebird
Fri Jul 31, 2015 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting a young adult from his money?
Replies: 26
Views: 3003

Re: Protecting a young adult from his money?

If the parents can access the money before he turns 18, I'd encourage them to do so - IMMEDIATELY to keep it out of his reach. Mind you, this is still the child's money - NOT the parent's - but it has to be handled much like a loaded gun when a minor is involved. SAFETY FIRST. I'm no great fan of l...
by littlebird
Fri Jul 31, 2015 4:33 pm
Forum: Personal Consumer Issues
Topic: Retirees: Questions you hate being asked
Replies: 48
Views: 3295

Re: Retirees: Questions you hate being asked

Since I live in an "active adult" (read senior) community, no one asks such questions. Mostly they all say the same thing though, at least in the first decade or so of retirement, and that is: "How did I ever find time to work?" :D
by littlebird
Thu Jul 30, 2015 8:41 pm
Forum: Personal Consumer Issues
Topic: Owned a bank owned property & previous owned item
Replies: 10
Views: 705

Re: Owned a bank owned property & previous owned item

Assume by "previous owner" you mean the foreclosed upon and not the failed flipper? While it's very annoying that they obviously semi-stripped the house before they left, you presumably saw and bid upon the house in that condition and priced it appropriately. So, on the assumption that you...
by littlebird
Thu Jul 30, 2015 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting a young adult from his money?
Replies: 26
Views: 3003

Re: Protecting a young adult from his money?

The mom could hire a lawyer and go to court to obtain a conservatorship/guardianship over the son. Depends on how incompetent he actually is. Could be expensive and disruptive of family relations, but as far as I know, that's the only way to legally control his assets short of his being told about i...
by littlebird
Thu Jul 30, 2015 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Using an annuity in a 3 fund portfolio
Replies: 3
Views: 385

Re: Using an annuity in a 3 fund portfolio

If you do want some REIT holdings, a tax-deferred account ( such as a variable annuity) is the place to hold it to avoid yearly tax difficulties inherent in the REIT investment. When you take withdrawals from a variable annuity (either by annuitizing or by withdrawal) you will be taxed at the "...
by littlebird
Thu Jul 30, 2015 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: Social Security and Expenses
Replies: 61
Views: 3403

Re: Retirees: Social Security and Expenses

Approx. 67% of "normal" yearly expenses. If anyone is really interested in my yearly income, just PM me and I'll tell you. :wink:
by littlebird
Wed Jul 29, 2015 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: when the rubber hits the road [updated]
Replies: 33
Views: 2729

Re: when the rubber hits the road [updated]

I know this may be the most painful bit of all, but, especially with a wife who has had 2 strokes, if it were me I would start visiting assisted living facilities, especially those with attached skilled nursing. There may come a time when you or she can no longer be cared for at home and it may happ...
by littlebird
Wed Jul 29, 2015 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Handling Medical Expenses in Retirement
Replies: 18
Views: 1379

Re: Handling Medical Expenses in Retirement

I just pay them monthly as they come , just like any other bill. We have regular Medicare and a retiree supplemental plan which is pretty much like the Medigap High Deductible F. Ordinary medical bills (the 20% of the Medicare-set amount which we pay ourselves) are generally in the $14 -$45 area, af...
by littlebird
Sun Jul 26, 2015 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: hoping for thoughts, advice; unmarried couple in 70's
Replies: 21
Views: 2129

Re: hoping for thoughts, advice; unmarried couple in 70's

Answering to bump this up for more responses. I would look to simplify. Why do you have what looks to be a taxable account, an IRA, a ROTH IRA and a SEP each at Schwab and at Vanguard.? Consolidate to be left with only 1 of each class. At the very least. Then you can consider simplifying within each...
by littlebird
Sat Jul 25, 2015 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Inexperienced Trustee
Replies: 53
Views: 3424

Re: Inexperienced Trustee

If it were me and my sibling(s) and I were adults and the only beneficiaries, I would consult a Trust & Estates attorney with an eye to dissolving the trust.
by littlebird
Sat Jul 25, 2015 10:35 am
Forum: Personal Consumer Issues
Topic: Home Window Replacement - Recommendations (Southwest)?
Replies: 13
Views: 857

Re: Home Window Replacement - Recommendations (Southwest)?

The previous owner of my house put in (low end) Pella windows from Lowe's in some rooms about 5 years ago. They're fine so far in our climate.
by littlebird
Fri Jul 24, 2015 5:40 pm
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 232
Views: 22628

Re: Forum software upgrade bug reports and change requests

In the past few hours forum has become so slow as to almost unusable, again. IE browser on Windows 7 machine. thank you.
by littlebird
Thu Jul 23, 2015 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Performance review for Boss!
Replies: 20
Views: 2218

Re: Performance review for Boss!

Reminds me of the time I found a paper survey form in my office mail inbox requesting that I complete a completely anonymous, completely confidential survey asking all sorts of things about how I felt about my work, my boss, etc. The form said that my submission was completely anonymous and there w...
by littlebird
Wed Jul 22, 2015 5:12 pm
Forum: Personal Consumer Issues
Topic: Do you hate your vehicle infotainment system?
Replies: 73
Views: 5930

Re: Do you hate your vehicle infotainment system?

I see that a lot of folks are less than thrilled with their systems. One problem in buying a new vehicle and foregoing the infotainment system is that the manufacturers are bundling the infotainment system with other stuff you might actually want. For example, the only way to get blind spot warning...
by littlebird
Mon Jul 20, 2015 8:19 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft surpasses 40,000 posts!
Replies: 74
Views: 4896

Re: livesoft surpasses 40,000 posts!

The quantity is exceeded only by the quality.
by littlebird
Sun Jul 19, 2015 11:10 pm
Forum: Investing - Theory, News & General
Topic: Annuities-when and why?
Replies: 43
Views: 4072

Re: Annuities-when and why?

Because of my age and work history I had very little tax-deferred space. And I wanted more. I started investing in a Vanguard Variable Annuity ( functionally almost indistinguishable from a regular Vanguard mutual fund account) when I was 58 1/2, so that if I were to change my mind and want out, the...
by littlebird
Sun Jul 19, 2015 12:19 am
Forum: Personal Consumer Issues
Topic: Philosophical HVAC Question: When to Replace AC/furnace
Replies: 24
Views: 1790

Re: Philosophical HVAC Question: When to Replace AC/furnace

In your climate I would not replace it until it dies or becomes too expensive to fix and I say this as someone who replaced a perfectly good heat pump at 16 years. In the Phoenix metro you do NOT want to wait until the AC quits on the first of 3 expected 116 degree days. HVAC companies never have an...
by littlebird
Sat Jul 18, 2015 4:37 pm
Forum: Personal Consumer Issues
Topic: What to do with bill received for prior homeowner
Replies: 41
Views: 3715

Re: What to do with bill received for prior homeowner

This thread has conflated different postal service issues and offered some errant advice. So let's back up. Federal law makes it illegal to open or trash correspondance addressed to someone else. When you receive mail that is not intended for you, it is assumed you will return it to postal custody....
by littlebird
Sat Jul 18, 2015 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Put checking accounts in living revocable trusts?
Replies: 14
Views: 1121

Re: Put checking accounts in living revocable trusts?

When my wife and I funded our revocable trust, our lawyer firmly told us NOT to include the checking account. The reason was that access to the checking account by the survivor may not be immediately possible at our individual death. He suggested that we keep that as a joint account. All other asse...
by littlebird
Sat Jul 18, 2015 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Put checking accounts in living revocable trusts?
Replies: 14
Views: 1121

Re: Put checking accounts in living revocable trusts?

Also -- it is NOT necessary for the face of the check to reflect that it is a trust account. Only your bank need know. Your checks can simply be imprinted with both your names, just as if it were an ordinary joint account. Will the bank require that the word "trustee" is part of the signa...
by littlebird
Sat Jul 18, 2015 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Put checking accounts in living revocable trusts?
Replies: 14
Views: 1121

Re: Put checking accounts in living revocable trusts?

When my wife and I funded our revocable trust, our lawyer firmly told us NOT to include the checking account. The reason was that access to the checking account by the survivor may not be immediately possible at our individual death. He suggested that we keep that as a joint account. All other asse...
by littlebird
Fri Jul 17, 2015 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Trust Services
Replies: 12
Views: 1137

Re: Vanguard Trust Services

Keep in mind that Vanguard Trust does not deal with real estate holdings (including your home) at all.
by littlebird
Thu Jul 16, 2015 5:54 pm
Forum: Personal Consumer Issues
Topic: Arranging for Death Notifications?
Replies: 20
Views: 2380

Re: Arranging for Death Notifications?

Who is (are) your beneficiaries? That is (they are) the people who are most directly concerned about the distribution of your post-mortem assets. In a situation like yours they should be among the people who are positioned to inquire about you. Absent unusual circumstances, they, even if it is a cha...
by littlebird
Wed Jul 15, 2015 10:24 pm
Forum: Personal Consumer Issues
Topic: Gift Card Exchange Web Sites
Replies: 15
Views: 1211

Re: Gift Card Exchange Web Sites

I had an experience like fareastwarriors' in a local store and it was quite embarrassing. That followed 2 minor but annoying incidents where cards were ordered and the order acknowledged, but then recinded several days later, each incident was with a different card re-sale site. After my attempt to ...
by littlebird
Mon Jul 13, 2015 6:00 pm
Forum: Personal Consumer Issues
Topic: VRBO illegal rental [Vacation Rentals by Owner]
Replies: 53
Views: 5102

Re: VRBO illegal rental [Vacation Rentals by Owner]

FelixTheCat wrote:I just got back from a VRBO vacation. It worked without a hiccup. The key is good communication with the owner.


Lots of con men(women) are real good talkers.
by littlebird
Mon Jul 13, 2015 5:53 pm
Forum: Personal Consumer Issues
Topic: VRBO illegal rental [Vacation Rentals by Owner]
Replies: 53
Views: 5102

Re: VRBO illegal rental [Vacation Rentals by Owner]

I've found it's pretty easy to find the name(s) of the owner(s) of any property by googling the address and noodling along until you find a site that names the owners. Shouldn't take more than a few minutes.
by littlebird
Mon Jul 13, 2015 5:45 pm
Forum: Personal Consumer Issues
Topic: Builder wants to put a retaining wall on my property
Replies: 52
Views: 4563

Re: Builder wants to put a retaining wall on my property

Who owns the alley and do you ever make use of it for any reason?
by littlebird
Mon Jul 13, 2015 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Durable Power of Attorney when wife is POA
Replies: 22
Views: 1789

Re: Durable Power of Attorney when wife is POA

As I understand these similar (but not always identical) recent changes in various states regarding POAs, while a financial institution may not just reject a POA or insist that it be recent or require their own forms, they may require some sort of validation of the POA (not unreasonable to me). Kee...
by littlebird
Sun Jul 12, 2015 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Durable Power of Attorney when wife is POA
Replies: 22
Views: 1789

Re: Durable Power of Attorney when wife is POA

The requirement by many financial institutions that only their own forms of POA are used, however, is a long-standing one and not connected with recent federal statutes. I thought I had my paperwork in order in case I became incapacitated or croaked. It includes a financial POA drawn up by my lawye...
by littlebird
Sat Jul 11, 2015 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Durable Power of Attorney when wife is POA
Replies: 22
Views: 1789

Re: Durable Power of Attorney when wife is POA

This is the other side of the equation. There was piece on the local news about an elderly woman who hired a man to do some work around the house. In the paperwork he had her sign was a DPOA, which he then used to take out a mortgage on her house. He then spent the money on drugs. So she had a mort...
by littlebird
Sat Jul 11, 2015 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Durable Power of Attorney when wife is POA
Replies: 22
Views: 1789

Re: Durabe Power of Attorney when wife is POA

As discussed previously here several times, Vanguard has some "peculiarities" with respect to PoA's. They have their own forms and they are rather restrictive. They WILL NOT HONOR OTHER POA FORMS. There is a new law (2014) in Pennsylvania that requires Vanguard (and other entities) to hon...
by littlebird
Sat Jul 11, 2015 1:16 pm
Forum: Investing - Theory, News & General
Topic: The Brainwashing of the American Investor
Replies: 68
Views: 8579

Re: The Brainwashing of the American Investor

Second, what the heck does "an uninterested third party" even mean?

It means he doesn't know the difference between "disinterested" and "uninterested".
by littlebird
Fri Jul 10, 2015 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Commuting vs. weekday widowing
Replies: 27
Views: 2473

Re: Commuting vs. weekday widowing

I commuted about 2.25 hrs each way by train for about 5 years. No kids at home. I was able to sleep for about 1.25 hrs each way and came home wide awake and refreshed. Flex hrs, so I got on the "milk train" in the morning and was home by around 6:30 and needed only about 5 hrs sleep at nig...
by littlebird
Mon Jul 06, 2015 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Representative Payee
Replies: 12
Views: 772

Re: Social Security Representative Payee

I think that the difference between being a RP and an attorney-in-fact (one who holds a POA) is that the RP actually cuts the SS recipient out of the loop. This is valuable where the SS recipient has proved to be irresponsible with the proceeds or is in a position where s(he) can be taken advantage ...
by littlebird
Mon Jul 06, 2015 4:21 pm
Forum: Investing - Theory, News & General
Topic: Spending from separate retirement buckets
Replies: 46
Views: 4272

Re: Spending from separate retirement buckets

I have 2 buckets:

1. A Donor-Advised Fund (formerly at Vanguard, but recently moved to Fidelity) for my charitable contributions;
2. Everything else.
by littlebird
Wed Jul 01, 2015 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Variable Annuity
Replies: 27
Views: 2862

Re: Vanguard Variable Annuity

What allocation would you use for the Vanguard VA for someone in 62 years old who wants some income from it? Here are the choices: https://personal.vanguard.com/us/funds/annuities/variable/bytype Those are the choices you can make before you annuitize, when it's pretty much like having a Vanguard m...
by littlebird
Wed Jul 01, 2015 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 4257

Re: Sychrony Bank - warning

I had a poor experience with them also. I applied for and received their Amazon 5% rebate card. They only allowed street address (not P.O. box) on their application, so before I even used the card for the 1st time I tried to log on to change my address to my P.O. box. The only place I could find to...
by littlebird
Mon Jun 29, 2015 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 4257

Re: Sychrony Bank - warning

I had a poor experience with them also. I applied for and received their Amazon 5% rebate card. They only allowed street address (not P.O. box) on their application, so before I even used the card for the 1st time I tried to log on to change my address to my P.O. box. The only place I could find to ...
by littlebird
Wed Jun 24, 2015 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Our nanny needs a student loan for PT school
Replies: 6
Views: 1653

Re: Our nanny needs a student loan for PT school

As someone now dealing with home therapists, please suggest that she look into occupational, rather than physical, therapy. There seems to be a dire shortage, at least here in the Phoenix metro. Most people have no idea what o.c.'s do, but it's interesting work, very varied and less physically stres...
by littlebird
Mon Jun 22, 2015 11:27 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Variable Annuity
Replies: 4
Views: 724

Re: Advice on Variable Annuity

His expenses may only be $30,000/year now, but what will happen in a few years when he needs more help with daily living, and what will happen if he needs nursing home care? As a widower, this can happen as soon as 5 years from now. Will his children be able to provide the care? Does he have LTCI? I...
by littlebird
Mon Jun 22, 2015 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Made outsize returns in a short period of time: what am I doing wrong?
Replies: 34
Views: 4909

Re: Made outsize returns in a short period of time: what am I doing wrong?

Didn't I read somewhere that the worst thing to happen with a beginning investor is that they make a huge profit? Gives them an inflated sense of knowing what they are doing, resulting in a spiral down the wrong path. Congratulations on your success, hope it continues. Mike Sometime during the earl...
by littlebird
Sun Jun 21, 2015 5:23 pm
Forum: Investing - Theory, News & General
Topic: When saving money becomes an irrational obsession
Replies: 146
Views: 24514

Re: When saving money becomes an irrational obsession

If this issue is not a problem for the savers, then it should also not be a problem for others as the (over) savers are less likely to be a drain on society. It can be a problem in a marriage when what used to be a mutual interest in saving for an early retirement becomes an irrational obsession to...
by littlebird
Thu Jun 18, 2015 9:29 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?
Replies: 98
Views: 14699

Re: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?

so let me get this straight: the majority of you have hundreds or thousands of posts on a retirement forum, and yet you confess how self-assured you were at retirement time with regards to a withdrawal rate and whether or not you'd have enough for retirement. call me skeptical :P This isn't a retir...
by littlebird
Thu Jun 18, 2015 2:02 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?
Replies: 98
Views: 14699

Re: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?

No. I always saved a moderate amount, but didn't structure my life around savings. One day a neighbor with whom I commuted announced he was moving to warmer climes. I realized I was envious. When he told me how much he was selling his house for, I realized we could bail also. Spouse in late 50's,wit...
by littlebird
Tue Jun 16, 2015 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Where should we held the Living Trust paper?
Replies: 3
Views: 436

Re: Where should we held the Living Trust paper?

My living trust is not complex, so, I am trying to use WillMaker to do my Living Trust. I am living in California. Does government office or court can hold my original paper? It eventually needs to go through the court anyway. Otherwise, if government or court is not possible, where is the best pla...
by littlebird
Tue Jun 16, 2015 10:43 am
Forum: Personal Consumer Issues
Topic: Retirement areas, not Florida
Replies: 67
Views: 8201

Re: Retirement areas, not Florida

surfhb wrote:Silver City, NM is a pretty cool town


...for a very short visit.
by littlebird
Sat Jun 13, 2015 1:13 pm
Forum: Personal Consumer Issues
Topic: How/where to get rid of old gasoline
Replies: 35
Views: 3908

Re: How/where to get rid of old gasoline

When I needed to dispose of an old 50 gallon barrel of kerosene contaminated with water, a friend of mine who is a chemist and works for the state with nasty disposal sites suggested evaporation for unwanted volatile hydrocarbons. I evaporated it over the course of a week or 2. I believe this is th...
by littlebird
Mon Jun 08, 2015 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: What If Creeping Dementia Impairs Your Financial Judgment?
Replies: 25
Views: 3543

Re: What If Creeping Dementia Impairs Your Financial Judgment?

How is someone supposed to know that a person has Alzheimer's/dementia unless they are told by a family member? Roughly, 25% of people in their 80s have some form of dementia. With numbers that high, perhaps the default presumption should be that an 83-year-old client has some mental impairment unt...
by littlebird
Mon Jun 08, 2015 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: What If Creeping Dementia Impairs Your Financial Judgment?
Replies: 25
Views: 3543

Re: What If Creeping Dementia Impairs Your Financial Judgment?

BruDude wrote: He was charged and convicted with "theft of property from an elderly person" because he "deprived" her of the money because the product had surrender charges for early surrender (as all annuities do)..
.

Vanguard's don't (at least my VVAs didn't).
by littlebird
Mon Jun 08, 2015 6:52 pm
Forum: Personal Consumer Issues
Topic: Elder care home in a residential neighborhood
Replies: 9
Views: 885

Re: Elder care home in a residential neighborhood

With an elder-care facility in a traditional family neighborhood the issues would likely be the Alzheimer's and other dementia residents wandering, increased traffic and parking problems if the residents have a steady stream of visitors, vendors making deliveries, EMS calls with sirens at all hours...

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