Search found 739 matches

by Allan
Sun Mar 19, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: At 66, how much is continued earned income helping my Social Security?
Replies: 13
Views: 1623

Re: At 66, how much is continued earned income helping my Social Security?

I am careful to fulfill the "reasonable salary" requirement, I always run this by CPA. But I am still paying max Soc Sec and based on my age and prior year contributions it seems the payback in benefits is going to be minimal, especially since I pay both sides (employee & employer). R...
by Allan
Sun Mar 19, 2017 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: At 66, how much is continued earned income helping my Social Security?
Replies: 13
Views: 1623

Re: At 66, how much is continued earned income helping my Social Security?

I am careful to fulfill the "reasonable salary" requirement, I always run this by CPA. But I am still paying max Soc Sec and based on my age and prior year contributions it seems the payback in benefits is going to be minimal, especially since I pay both sides (employee & employer).
by Allan
Sun Mar 19, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: At 66, how much is continued earned income helping my Social Security?
Replies: 13
Views: 1623

At 66, how much is continued earned income helping my Social Security?

I am 66, have a fairly strong earnings record towards the 35 years counted by Social Security. I own my company and I always pay the maximum in Soc Sec taxes and I expect this to continue. I have no desire to retire, will probably keep my company active as long as I can. I am delaying Soc Sec until ...
by Allan
Wed Mar 08, 2017 9:10 pm
Forum: Personal Consumer Issues
Topic: Zero-Turn Mowers
Replies: 23
Views: 1679

Re: Zero-Turn Mowers

Scag mowers. We have one with a 60" deck.

http://www.scag.com/zeroturns.html
by Allan
Tue Mar 07, 2017 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Question for Texas Teachers Regarding Soc Sec & TRS
Replies: 12
Views: 774

Re: Question for Texas Teachers Regarding Soc Sec & TRS

Thank you for explaining, I am starting to understand how this works.

Allan
by Allan
Mon Mar 06, 2017 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Question for Texas Teachers Regarding Soc Sec & TRS
Replies: 12
Views: 774

Re: Question for Texas Teachers Regarding Soc Sec & TRS

Simple question: Did she pay SS tax on her teachers salary? Some states don't, some states do. WEP applies when you don't pay SS taxes on earnings from a job. (usually public employees) She did not pay SS tax on her teacher's salary, she pays into the Texas Teacher's Retirement System. But she does...
by Allan
Mon Mar 06, 2017 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Question for Texas Teachers Regarding Soc Sec & TRS
Replies: 12
Views: 774

Re: Question for Texas Teachers Regarding Soc Sec & TRS

https://www.ssa.gov/pubs/EN-05-10045.pdf Thanks. Took me a bit to figure it out but it appears she will get "dinged" a bit on the 1st 90% bend point. In checking Google it seems there has been some noise about the WEP being done away with, that seems unlikely given the state of Social Sec...
by Allan
Mon Mar 06, 2017 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Question for Texas Teachers Regarding Soc Sec & TRS
Replies: 12
Views: 774

Re: Question for Texas Teachers Regarding Soc Sec & TRS

https://www.ssa.gov/pubs/EN-05-10045.pdf Thanks. Took me a bit to figure it out but it appears she will get "dinged" a bit on the 1st 90% bend point. In checking Google it seems there has been some noise about the WEP being done away with, that seems unlikely given the state of Social Sec...
by Allan
Mon Mar 06, 2017 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Question for Texas Teachers Regarding Soc Sec & TRS
Replies: 12
Views: 774

Question for Texas Teachers Regarding Soc Sec & TRS

My daughter is a teacher in Texas, she pays into the teachers retirement system. She had several years of non-teaching employment and paid into the Soc Security system and she continues to work part time outside of teaching. She will qualify for Social Security when she reaches retirement age, will ...
by Allan
Tue Feb 14, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: Retaining Wall
Replies: 25
Views: 2250

Re: Retaining Wall

I've had several retaining walls built, one key is proper drainage behind the wall. Hydrostatic pressure of water on a vertical wall is more than you might think, especially in expansive soils. We always put drainage rock behind the wall, a geotech fabric on top of the rock, and insert 2"-3&quo...
by Allan
Wed Feb 08, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: I Came Away Impressed with Social Security Enrollment Process
Replies: 21
Views: 2510

I Came Away Impressed with Social Security Enrollment Process

I will be 66 next month, I signed up for spousal benefits this week. I went online Sunday, filled out an application to draw spousal benefits (1/2 of my wife’s benefit). As part of the signup I was asked for a phone # so I could be contacted. I received that call today, a very nice lady with Soc Sec...
by Allan
Wed Feb 01, 2017 9:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 7840

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

Happy birthday Taylor, you are a real inspiration and the nicest person I've never met!

Allan
by Allan
Sat Jan 14, 2017 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Rewards Visa 2% cash back
Replies: 73
Views: 9001

Re: Fidelity Rewards Visa 2% cash back

I use both Capital One VISA (Spark) and Fidelity VISA (both 2% cash back) quite extensively for personal and business transactions, probably $75,000 per month. I prefer the Capital One over the Fidelity card with regards to their website, ease of use with payments, mobile app.
by Allan
Sat Jan 14, 2017 7:09 am
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 118
Views: 18808

Re: Sad News About a Respected Forum Member

There are a handful of members who posts I always read, Old Meph is in that group. I enjoyed his straightforward and objective advice about life insurance, he really knows this industry. I wish him peace in his remaining days, may God bless him and his family.

Allan
by Allan
Sat Dec 03, 2016 8:15 am
Forum: Personal Consumer Issues
Topic: "Getting Things Done"-David Allen
Replies: 71
Views: 4464

Re: "Getting Things Done"-David Allen

pondering wrote:Is anyone here that uses GTD completing their weekly review on a smartphone?


I use a task manager called "Toodledo" which is built around the GTD methods, and of course it has a smart phone app. It is the main way I keep myself organized.


www.toodledo.com
by Allan
Fri Dec 02, 2016 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Want my employees to take over my company
Replies: 20
Views: 3979

Re: Want my employees to take over my company

Doubleeagle: I am also in the residential construction business, I build mostly new homes and do a bit of remodeling. I am at the age (65) to consider the same thing you are, selling my company to employees. The problem is if you strip away the tangible assets that are easily liquidated (real estate...
by Allan
Sun Sep 11, 2016 9:02 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1357
Views: 170008

Re: What's Your Credit Card Rewards Strategy?

Seems to be a lot of praise here for the Chase card, but is it any better than the cards offering a straight 2% cash back cards? Such as the Fidelity VISA and Capital One Spark VISA, which I use. It depends on your travel and spending patterns. Let's assume that I need to fly from D.C. to Paris or ...
by Allan
Sun Sep 11, 2016 8:37 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1357
Views: 170008

Re: What's Your Credit Card Rewards Strategy?

Seems to be a lot of praise here for the Chase card, but is it any better than the cards offering a straight 2% cash back cards? Such as the Fidelity VISA and Capital One Spark VISA, which I use.
by Allan
Tue Sep 06, 2016 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: "Letter of Final Instructions"
Replies: 45
Views: 7019

Re: "Letter of Final Instructions"

Taylor, thanks so much for sharing this list. As usual you give such great advice. I am going to copy this list, edit it a bit for my personal situation, and then set a reminder to update it annually.
by Allan
Tue Aug 30, 2016 7:58 pm
Forum: Local Chapters and Bogleheads Community
Topic: I think I found Rick Ferri
Replies: 53
Views: 11231

Re: I think I found Rick Ferri

Well this is an interesting thread!
by Allan
Sun Aug 14, 2016 6:38 pm
Forum: Personal Consumer Issues
Topic: Are you on Facebook?
Replies: 144
Views: 9977

Re: Are you on Facebook?

Been on Facebook pretty much from the beginning, I find it somewhat entertaining. Great way to keep in touch with some distant relatives and friends, found a group set up for my high school class (45 yrs ago!), actually have made contact with old friends I've lost contact with going back to grade sc...
by Allan
Sat Apr 02, 2016 6:49 pm
Forum: Personal Consumer Issues
Topic: Custom House Cost
Replies: 22
Views: 3173

Re: Custom House Cost

Very hard to answer, really depends on how you define "custom". In order to answer your question I would ask few questions with regards to what you want: What type of windows, roofing material, flooring, counter tops, ceiling height, door height, appliance package, how many car garage, wha...
by Allan
Mon Mar 14, 2016 7:36 pm
Forum: Personal Consumer Issues
Topic: Concierge medicine Worth It????
Replies: 168
Views: 16153

Re: Concierge medicine Worth It????

My long time doctor went concierge in the MDVIP program about 5 years ago, I had no choice but to follow him or find another doctor. So I now pay $1,800 a year to MDVIP, which I think does covers the cost of my annual physical. My doctor explained that he went from 1800 patients to 600 under MDVIP, ...
by Allan
Sat Feb 06, 2016 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Grandson working for me-Child labor law?
Replies: 35
Views: 2505

Re: Grandson working for me-Child labor law?

And I realize that ultimately I need to talk to a labor law attorney, just thought I might get some good advice here.
by Allan
Sat Feb 06, 2016 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Grandson working for me-Child labor law?
Replies: 35
Views: 2505

Re: Grandson working for me-Child labor law?

I wonder if you are creating a tax situation for your grandson that outweighs the benefit of the Roth IRA at this age. A better option might be to have him open a savings account, and put 15% of his wages into the account, you then will match this amount down the road if he continues to save it for...
by Allan
Sat Feb 06, 2016 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Grandson working for me-Child labor law?
Replies: 35
Views: 2505

Re: Grandson working for me-Child labor law?

betterfinances wrote:
Allan wrote:Will workers comp insure a 12 year old?


I've read my policy and cannot find anything that mentions age, but good question. I will confirm. By the way, I am in Texas.
by Allan
Sat Feb 06, 2016 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Grandson working for me-Child labor law?
Replies: 35
Views: 2505

Grandson working for me-Child labor law?

I want to employ my 12 yr old (soon to be 13) in my home building company this summer, doing very easy tasks. Like cleaning and sweeping houses. I want to pay him and teach him the value of hard work and how to manage and value money. Something like $10/hr. I also have offered to match what he makes...
by Allan
Sun Jan 10, 2016 12:28 pm
Forum: Personal Consumer Issues
Topic: Best Heart Monitor (Exercise type)
Replies: 25
Views: 2175

Re: Best Heart Monitor (Exercise type)

Thanks for the feedback. I just want something that is accurate and reliable.
by Allan
Sat Jan 09, 2016 8:38 pm
Forum: Personal Consumer Issues
Topic: Best Heart Monitor (Exercise type)
Replies: 25
Views: 2175

Best Heart Monitor (Exercise type)

I am looking for the best and most accurate heart rate monitor to use while exercising (running). It seems there are the wrist FitBit type and the chest strap type. Would appreciate feedback.

Allan
by Allan
Sun Dec 20, 2015 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefit Question
Replies: 2
Views: 613

Re: Social Security Spousal Benefit Question

Brucie wrote:I assume bedrock is a SS calculator.
My guess is it has something to do with the dates of death you chose.


Thanks, I will check out the parameters I set. And yes Bedrock is a SS calculator.
by Allan
Sun Dec 20, 2015 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefit Question
Replies: 2
Views: 613

Social Security Spousal Benefit Question

I do not understand the recommendation I received from Bedrock regarding the filing for spousal benefits. My wife is retired and will be 66 in July 2016. I plan to continue working until 70, I will be 66 in March of 2017. At full retirement age (66) my benefit will be $2,428 and wife’s benefit will ...
by Allan
Sat Dec 12, 2015 7:40 pm
Forum: Personal Consumer Issues
Topic: Where to buy Surface 3 tablet
Replies: 9
Views: 1268

Re: Where to buy Surface 3 tablet

Timely topic, I am considering one too but would like to see, touch, feel one and not just order it on-line. Are there any actual stores have and stock them?

Allan
by Allan
Fri Oct 30, 2015 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 53786

Re: Changes to Social Security

Yes -- with this strategy, compared to your original strategy, you (as a couple) get a few additional years of retirement benefits, but only one spouse gets the maximum amount of delayed retirement credits. Ok, thanks. This isn't that bad, at first I thought we would lose the entire spousal benefit...
by Allan
Fri Oct 30, 2015 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 53786

Re: Changes to Social Security

Off the top of my head, here are two strategies to consider: Strategy one: The lower-PIA spouse files for retirement benefits at full retirement age, and the higher-PIA spouse files a restricted application for spousal-only once they're eligible to do so (i.e., once they have hit FRA and the other ...
by Allan
Fri Oct 30, 2015 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to Social Security
Replies: 477
Views: 53786

Re: Changes to Social Security

Mike: What a great resource you are for the forum! And I greatly enjoyed your book on Social Security, can I assume it will be updated reflect these changes? I am 64 + 8 months, my wife is 65 + 3 months. Our plan was to do the file and suspend when I turn 66, wife would draw the spousal benefit, the...
by Allan
Fri Oct 30, 2015 6:05 am
Forum: Personal Finance (Not Investing)
Topic: Changes to SS regulations in new funding bill...
Replies: 154
Views: 12648

Re: Changes to SS regulations in new funding bill...

If I am reading this and other sources correctly, this change is most likely going to happen. It greatly impacts my wife and me, we were going to wait until 70 and were set to receive $53,000 in spousal benefits, not an insignificant amount of money. My wife will be 66 in July of next year (2016), a...
by Allan
Mon Oct 12, 2015 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Newb Q on Term Life Insurance / Salesmen
Replies: 10
Views: 1026

Re: Newb Q on Term Life Insurance / Salesmen

Pure and simple the “two gentlemen” are salespeople, most likely in it for a commission. On some level there is nothing wrong with that but they most likely will try to steer you into high fee “investments” like insurance or annuities. I suggest you hang around here, there are fantastic people with ...
by Allan
Mon Aug 10, 2015 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Commission
Replies: 11
Views: 1345

Re: Real Estate Commission

There have been studies that show in a high % of FSBO transactions sellers price their own home too low or the buyer expects a discount because there is no seller's commission and negotiate a lower price. I've sold hundreds of homes (I'm a home builder) and I always use the best realtor I can find t...
by Allan
Tue Aug 04, 2015 6:16 am
Forum: Personal Consumer Issues
Topic: Landscape contractor asking for survey before intial consultation
Replies: 5
Views: 914

Re: Landscape contractor asking for survey before intial consultation

I think an as-built survey would be an absolute requirement for a good design, whoever is doing the design needs to see precise location of improvements, walks/drives, easements, fences etc. Also I would think topographical shots need to be shown on that survey. And I don't think there is any kickba...
by Allan
Sun Jul 19, 2015 10:02 am
Forum: Personal Consumer Issues
Topic: water came from ceiling
Replies: 19
Views: 1801

Re: water came from ceiling

It is most likely the overflow. I would fill up the tub 1/2, let it drain, if you see leaks it is the drain or drain line. If no leaks, fill it up over the overflow very slowly, and see if it leaks. If it doesn't then it is mostly the tile grout where tile meets the tub. I would bet it is the overfl...
by Allan
Tue Jul 14, 2015 5:53 am
Forum: Investing - Help with Personal Investments
Topic: Where are people putting their investment money if they see a correction coming in US stock market
Replies: 69
Views: 9061

Re: Where are people putting their investment money if they see a correction coming in US stock market

That is why I plan to dollar cost average back into the market when good buying opportunities present itself. I am curious as to how you would define "good buying opportunities". Are you referring to individual stocks? Mutual funds, bonds? What criteria will you use or signals you will lo...
by Allan
Mon Jul 13, 2015 5:47 pm
Forum: Personal Consumer Issues
Topic: Builder wants to put a retaining wall on my property
Replies: 52
Views: 5902

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

Can you explain why "they need to do this in order to have enough space to pave the alley and create parking spaces." If I am understanding the wall will run parallel and abut the alley? How high is the wall, is it masonry?
by Allan
Tue Jul 07, 2015 7:01 pm
Forum: Personal Consumer Issues
Topic: Productivity Apps that you pay for
Replies: 21
Views: 2227

Re: Productivity Apps that you pay for

Dropbox
Toodledo
Pocket
Evernote
DocuSign
by Allan
Sat Jun 27, 2015 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Best Paper Loss Vehicles
Replies: 8
Views: 1867

Re: Best Paper Loss Vehicles

I just don't see a lot of opportunity these days for "paper losses", I remember in the early 80's there were all kind of methods like railroad car leasing, dollar cost averaging, and other exotic ways to create losses. Maybe I'm just out of touch and there are ways or maybe I'm not underst...
by Allan
Sat Jun 27, 2015 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Best Paper Loss Vehicles
Replies: 8
Views: 1867

Re: Best Paper Loss Vehicles

I am primarily a home builder, although I do buy land and hold it. And dabble in small rental projects. I am not aware of significant methods to avoid profits and income being taxed as ordinary income. The IRS has dealer status rules that come into play. I too have had high income years recently, an...
by Allan
Mon Jun 15, 2015 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Is this assumption correct on Twitter?
Replies: 7
Views: 989

Re: Is this assumption correct on Twitter?

You do not need Twitter followers for the general public to see your Tweets. If your website has a Twitter link and anyone clicks that link, they will see your tweets. Of course those that use Twitter and follow you will see your Tweets on their feed. Pretty sure this is how it works.

Allan
by Allan
Mon Jun 15, 2015 5:57 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - Less than meets the eye
Replies: 61
Views: 8986

Re: Long term care insurance - Less than meets the eye

One more vote for Self Insure......i.e. "have a big pile of momey" 1210 My plan is to self insure, have a big pile of money, and have LTCI. I want all of my bases covered, just in case. In fact I have an excellent LTCI policy with John Hancock. Safe bet to cover all the bases. Is it simil...
by Allan
Sun Jun 14, 2015 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - Less than meets the eye
Replies: 61
Views: 8986

Re: Long term care insurance - Less than meets the eye

1210sda wrote:One more vote for Self Insure......i.e. "have a big pile of momey"
1210


My plan is to self insure, have a big pile of money, and have LTCI. I want all of my bases covered, just in case. In fact I have an excellent LTCI policy with John Hancock.
by Allan
Sun Jun 14, 2015 4:44 pm
Forum: Personal Consumer Issues
Topic: Where do you keep your to do list?
Replies: 60
Views: 7082

Re: Where do you keep your to do list?

I use Toodledo, it has a great app and of course a desktop version. Very cheap (there is also a free version).

www.toodledo.com
by Allan
Sun Jun 14, 2015 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: tIRA's RMDs causing increasing tax concerns
Replies: 62
Views: 8837

Re: tIRA's RMDs causing increasing tax concerns

I have reconciled myself that the 25% rate is the new 15%. If both spouses wait until 70 for Soc Sec and you have a healthy IRA/401k, with RMD's and any additional income sources, your marginal tax rate in your 70's and 80's could be 25% (or higher).

Allan

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