Search found 625 matches

by Austintatious
Wed Jun 20, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Paper tax return filed at deadline - still no refund 7 weeks later
Replies: 25
Views: 1908

Re: Paper tax return filed at deadline - still no refund 7 weeks later

still no refund, tomorrow is 9 weeks from IRS receipt of my paper return... tried calling this AM but couldn't figure out how to get a human. We're sort of in the same boat with our return and refund, due to a problem with our tax preparer. At least I've been able to speak with a live person at IRS...
by Austintatious
Tue Jun 19, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: 5 yr cd at 3%
Replies: 12
Views: 1736

Re: 5 yr cd at 3%

This household bought into PenFed's 3% for 5 years offer almost 5 years ago but I don't think they're doing us any big favors with the same offer, present day. Not to mention that the offer is not available for PenFed's IRA certificates, which require a 7 year commitment to get 3%. Even if one is ma...
by Austintatious
Mon Jun 18, 2018 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Idle debit/credit cards closed or downgraded?
Replies: 9
Views: 741

Re: Idle debit/credit cards closed or downgraded?

DW recently received a letter from Cap One advising that the credit limit on her cash reward cc was to be lowered due to inactivity on the card. They're right, of course, in saying that the card has been inactive, that, simply because the 1.5% cash rewards offered with that card is no longer competi...
by Austintatious
Sun Jun 17, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 49
Views: 5481

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

I am hoping there is someone out there with experience in this or a good lawyer I can contact. In July of 2016 I was notified my Ford Fusion 2011 Hybrid had the infamous "Takata air bag" problem. In that recall It said do not have anyone sit in the front passenger seat - making the car a motorcycle...
by Austintatious
Sat Jun 16, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4488

Re: Flaw in Logic? CD ladder instead of bond funds

see the bigger picture You obviously can't make a big shift into them all at once ($10K/year/person), but if you have a spouse, you could acquire $40K exposure across the next 7 months. Isn't it really $15k/year/person, if you game it right? That is, $10k electronic and $5k paper via a tax refund? ...
by Austintatious
Sat Jun 16, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4488

Re: Flaw in Logic? CD ladder instead of bond funds

see the bigger picture I just want to remind people the role I-Bonds can play here in your portfolio. After the 1-year holding period they provide great liquidity and competitive returns. If you think inflation will go away during the next 5 years, then you'll be more interested in CD's, but I thin...
by Austintatious
Fri Jun 15, 2018 9:04 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4488

Re: Flaw in Logic? CD ladder instead of bond funds

OP, here's a 2013 article from Harry Sit's blog "The Finance Buff" discussing much the same question you ask - whether CDs were "better" than bonds, at least for that time. I think his analysis applies quite well in today's savings/investing environment and that it nicely compliments your suggestion...
by Austintatious
Thu Jun 14, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Chipmunk Repellent?
Replies: 36
Views: 2444

Re: Chipmunk Repellent?

Stop by the video store, rent a copy of that timeless classic (at least, in the minds of male adolescents of all ages) Caddyshack, settle in for the evening with pen, paper and popcorn, and take careful notes. The chipmunk solution has got to be in there somewhere. :mrgreen:
by Austintatious
Wed Jun 13, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11132

Re: Are you including SS in your planning model? Are the benefits really that high?

Here's an article currently posted on Jonathan Clements' blog "Humble Dollar" that has a brief discussion relevant to this thread. http://www.humbledollar.com/2018/06/laying-claim/ First part of the text: IN MY WORK as a financial planner, there’s one topic that always seems to raise an eyebrow: Soc...
by Austintatious
Wed Jun 13, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: Subaru infotainment issues -can people chime in?
Replies: 26
Views: 1923

Re: Subaru infotainment issues -can people chime in?

Is this kind of problem with electronics limited to the Outback? I would have thought the same electronic modules would be installed in other models, like the Forester, for example. Anyone having similar problems with the Forester?
by Austintatious
Wed Jun 13, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11132

Re: Are you including SS in your planning model? Are the benefits really that high?

Just as an aside, I thought speculation about future tax/law changes were forbidden on the board? I've been flagged for this in the past, so I'm just curious how so many of these posts have not been removed....? :confused Seems like nothing but speculation. Actually, those posting here have shown r...
by Austintatious
Tue Jun 12, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security: Effect of early claiming on spousal benefit
Replies: 20
Views: 1534

Re: Social Security: Effect of early claiming on spousal benefit

If the older spouse has lower earnings, I believe technically the way to maximize Social Security without waiting for the younger spouse to reach FRA is to be married at least ten years, get divorced, and wait 2 Years.... Has other costs/implications of course, but the law.... https://www.ssa.gov/p...
by Austintatious
Tue Jun 12, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security: Effect of early claiming on spousal benefit
Replies: 20
Views: 1534

Re: Social Security: Effect of early claiming on spousal benefit

To pursue the "restricted application" strategy whereby one files for spousal benefits, only , while allowing one's own benefits to continue to grow at approximately 8% per year, the following criteria must be met: - the applicant's spouse must already have filed for his/her benefits - the applicant...
by Austintatious
Sun Jun 10, 2018 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11132

Re: Are you including SS in your planning model? Are the benefits really that high?

You would be omitting millions of dollars in lifetime income from your plans... "Millions" might be pushing it a bit. But yes, if you file for SS this year at age 70 and get $40,000 per year (close to the maximum amount) then by somewhere in your early 90s, depending on annual COLAs, you will have ...
by Austintatious
Sun Jun 10, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 451
Views: 100013

Re: Anyone regret paying off mortgage early?

My view is that, whether one is pre-retirement, on the cusp, or well into it, retiring any debt is a reassuring event. For example, we haven't paid a cent of interest on our regularly used credit card accounts for many years and I still take pleasure in paying it off each month. And I can say that p...
by Austintatious
Sun Jun 10, 2018 1:37 pm
Forum: Personal Consumer Issues
Topic: Question on applying for SS benefits
Replies: 16
Views: 1492

Re: Question on applying for SS benefits

I applied in person and, yes, they did ask for birth certificate and copy of my DD214 which I faxed to the local office. I'd expect, for example, that one would be asked to provide a marriage license/certificate when applying for a spousal benefit. I can't say what you can expect when applying onlin...
by Austintatious
Sun Jun 10, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Union CDs in my IRA
Replies: 4
Views: 373

Re: Credit Union CDs in my IRA

OP, as cheese_breath has explained just above, you first have to know that you're able to transfer funds from your 401k. Then you must have determined that your chosen credit union or other institution actually offers IRA certificates. Some do, some don't. We'll assume that you've cleared those two ...
by Austintatious
Sat Jun 09, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11132

Re: Are you including SS in your planning model? Are the benefits really that high?

Having read many posts re Social Security over my years on the forum, I've noticed a clearly fatalistic perspective expressed by many younger members that Social Security will not be there for them. So many seem to have settled for what they perceive as the inevitable failure of SS as an income stre...
by Austintatious
Thu Jun 07, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed CD @ 3% - 5 year
Replies: 16
Views: 2177

Re: Penfed CD @ 3% - 5 year

OP, you mention using those PenFed 3% for 5 year certificates for tax-deferred accounts. I think that 3% for 5 years offer is for taxable only, and that their IRA certificates paying 3% are actually for 7 years. You might look at the rate schedules for both categories again, to be sure. In my view 7...
by Austintatious
Thu Jun 07, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefits amount based on PIA
Replies: 2
Views: 320

Social Security Spousal Benefits amount based on PIA

Recently, we've seen a number of threads discussing spousal benefits, including the amount that a spouse can expect to receive. I decided to find the relevant regulation following a rather uncomfortable phone discussion I had with a Social Security rep about DW's spousal benefit to be applied for ne...
by Austintatious
Wed Jun 06, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Reality Check
Replies: 16
Views: 2353

Re: Social Security - Reality Check

Thanks, soccerrules! I think, under the scenario I outlined, my wife's benefit will be 50% of my PIA ($2000), but I could be mistaken (that's why I asked, of course). Thanks David Jay! I don't think that Mike P. has implemented my suggestion to output the monthly benefit amounts for the optimum & a...
by Austintatious
Mon Jun 04, 2018 11:17 am
Forum: Investing - Theory, News & General
Topic: PenFed 3% 5 year certificates are back.
Replies: 15
Views: 2247

Re: PenFed 3% 5 year certificates are back.

Yep, there are plenty of strategically better options. We'd sure like to avoid moving our little stash at PenFed but 3 percent for 5 -7 years just doesn't cut it these days. Perhaps the good folks at PenFed and/or some of our other favorite savings institutions are wise enough to check in with this ...
by Austintatious
Sun Jun 03, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 273
Views: 12453

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

I also suspect that your age would not be a disqualifier, as far as law school is concerned. And law schools typically strive for diverse backgrounds in their student population, so I suspect that your educational and work histories would be considered a plus. I'm not saying it's impossible but I th...
by Austintatious
Sun Jun 03, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: PenFed 3% 5 year certificates are back.
Replies: 15
Views: 2247

Re: PenFed 3% 5 year certificates are back.

My PenFed CDs are coming due at the end of the year and in January 2019. Hard to believe that it’s been nearly five years since I read about the special rate here on BH. Maybe we are lucky and get another special rate offer at the end of the year. 5% for 5 years? ;) Yes, the time seems to have flow...
by Austintatious
Sun Jun 03, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: PenFed 3% 5 year certificates are back.
Replies: 15
Views: 2247

Re: PenFed 3% 5 year certificates are back.

I don't think this is very attractive, since the 10 year Treasury note rate is already around 3% and likely to go higher. Also, here is the early withdrawal penalty from the certificate application: 2) Certificates Having a Term Greater Than Six Months. a) If redeemed within the first year, all div...
by Austintatious
Sun Jun 03, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: PenFed 3% 5 year certificates are back.
Replies: 15
Views: 2247

PenFed 3% 5 year certificates are back.

There's a new rate schedule at PenFed, at least, new to me, but is it too little, too late? There must be a lot of those PenFed 3% 5 year certificates maturing in the next several months, many of them eagerly purchased by Bogleheads way back when; indeed, DW will have to decide what to do with hers,...
by Austintatious
Tue May 22, 2018 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Need Help Deciding Between Non-Matching 403(b) and a Roth IRA
Replies: 30
Views: 1704

Re: Need Help Deciding Between Non-Matching 403(b) and a Roth IRA

OP, for you to make an informed decision re those 403b options, you must have at least a reasonably good understanding of what they are. Perhaps I'm wrong but, at this point, it seems that you do not know enough about them. A good place to start would be the individual/office within your employing s...
by Austintatious
Sat May 19, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 152
Views: 12428

Re: Helping Adult Children (but not too much)

Fund her Roth IRAs the first few years. She has an emergency fund, down payment for a house, retirement, etc. Contributions to IRAs are most beneficial when one is in their 20s. Ah, I like this one. Those early years retirement savings could have over 4 decades of compounding to grow and grow, a wo...
by Austintatious
Sat May 19, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: both spouses not wait for SS ?
Replies: 26
Views: 3291

Re: both spouses not wait for SS ?

OP, here's a link to the Social Security website page on applying for spousal benefits. It should be helpful. https://www.ssa.gov/planners/retire/applying6.html It seems that the main thing to keep in mind and to make sure of, throughout the process, is that you're filing a restricted application fo...
by Austintatious
Fri May 18, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Possibility of EE bond rates changing?
Replies: 8
Views: 803

Re: Possibility of EE bond rates changing?

If I've used the Moneychimp compound interest calculator correctly, turning a $20,000 bond purchase into $40,000 over 20 years would require compounding at a rate of just over 3.5 %. In today's environment, that's a pretty fair rate for just about the safest of investments out there, assuming one ca...
by Austintatious
Thu May 17, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: Hot food flavoring (sauces, spices and peppers)
Replies: 51
Views: 3084

Re: Hot food flavoring (sauces, spices and peppers)

I found a jar of Savory Spice Shop urfa red pepper flakes in my stocking last Xmas, a gift from my daughter, the chef. I believe the urfa pepper comes from Turkey. It has a uniquely rich flavor, which I've been using for homemade chili and other dishes. I've been experimenting with the urfa pepper i...
by Austintatious
Tue May 15, 2018 5:39 pm
Forum: Investing - Theory, News & General
Topic: How much should I save before I start investing? and more
Replies: 13
Views: 1995

Re: How much should I save before I start investing? and more

Cocoon, plug William Bernstein's little work entitled "If You Can" into your google search window and pull up what's probably the simplest, clearest and wisest investment advice out there that's designed specifically for folks just like you. There are many other works that you will read as you devel...
by Austintatious
Tue May 15, 2018 10:40 am
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 9891

Re: Yes, I'm 89 all right!

My goodness, what a wonderful message to stumble across and a far brighter day for it! Mr. Bogle, please accept my heartfelt thank you for your life's work and the opportunities it continues to offer us average investors of the world. And thank you for being the consummate gentleman you are. My very...
by Austintatious
Sun May 13, 2018 7:27 pm
Forum: Personal Consumer Issues
Topic: Subaru Crosstrek vs Outback
Replies: 32
Views: 2462

Re: Subaru Crosstrek vs Outback

OP, I've been looking at the Subarus myself and I'm wondering if you've considered the Forester. It looks to have a smaller turning radius than either of the vehicles you're considering. It has a more powerful engine than the Crosstrek and it's almost as powerful as the smaller of the Outback engin...
by Austintatious
Sun May 13, 2018 6:57 pm
Forum: Personal Consumer Issues
Topic: Subaru Crosstrek vs Outback
Replies: 32
Views: 2462

Re: Subaru Crosstrek vs Outback

OP, I've been looking at the Subarus myself and I'm wondering if you've considered the Forester. It looks to have a smaller turning radius than either of the vehicles you're considering. It has a more powerful engine than the Crosstrek and it's almost as powerful as the smaller of the Outback engine...
by Austintatious
Sat May 12, 2018 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for Social Security Online
Replies: 19
Views: 1720

Re: Applying for Social Security Online

I'm following this thread with heightened interest, given that DW will be making her restricted application for spousal in late October, to be effective starting in January. It appears to me that the path of least resistance may be the online filing method, since personal interaction with a misinfor...
by Austintatious
Tue May 08, 2018 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Please confirm Social Security strategy
Replies: 14
Views: 2147

Re: Please confirm Social Security strategy

DW's birthdate? 1953 AAA, take a look at the SS page regarding spousal benefits via the link posted just above. Look at the section entitled "How much will I receive?", more specifically, the second passage of text in that section highlighted in blue. It looks to me that she beat the cutoff date an...
by Austintatious
Tue May 08, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Please confirm Social Security strategy
Replies: 14
Views: 2147

Re: Please confirm Social Security strategy

I'm not an expert but I do believe one can make a restricted application for spousal benefit only, having attained full retirement age, if born on or before January 1, 1954. See the linked explanation on Social Security web site.

https://www.ssa.gov/planners/retire/applying6.html
by Austintatious
Tue May 08, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: Vehicle Tires and Dry Rot
Replies: 20
Views: 2168

Re: Vehicle Tires and Dry Rot

When purchasing new tires, always ask the vendor about the manufacture date on the side of the tire, in an effort to prevent being stuck with tires that have been sitting around too long and are already on the way out. You can even check it for yourself. New tire stock has a shelf life and will begi...
by Austintatious
Tue May 01, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Recommendation on bond vehicle
Replies: 8
Views: 827

Re: Recommendation on bond vehicle

OP. look at inflation-adjusted Series I savings bonds. They may be just right for your time period. Know that they cannot be redeemed during the first year, so this ought to be money you shouldn't need during that year. After that, they're subject to a relatively low 3 months interest penalty if red...
by Austintatious
Mon Apr 30, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Restricted Application for Spousal Benefit
Replies: 27
Views: 2386

Re: Social Security Restricted Application for Spousal Benefit

Well, this situation only reaffirms just how important it is to fully understand the complicated "in and outs" of taking Social Security. Many thanks to Mary Beth Franklin and our other Social Security expert for taking the trouble to help us understand. Your assistance offered the members of this f...
by Austintatious
Mon Apr 30, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Restricted Application for Spousal Benefit
Replies: 27
Views: 2386

Re: Social Security Restricted Application for Spousal Benefit

Wow! If what SSA said was correct, you have lost out three years of spousal benefits. I'm sorry. My wife filed for her own benefits this year when she turned 62 and I'm filing for spousal as I'll turn 66 in May. TravelforFun As I understand it, you won't earn Delayed Retirement Credits if you are c...
by Austintatious
Mon Apr 30, 2018 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Restricted Application for Spousal Benefit
Replies: 27
Views: 2386

Re: Social Security Restricted Application for Spousal Benefit

I Filed and Suspended prior to 4/2016 when I was 66. I am the high earner. My wife just turned 62 and filed for her own benefit. I thought that I could file now for a spousal benefit (while waiting until age 70 for my own benefit), but SSA tells me that I cannot do this as I suspended more than 1 y...
by Austintatious
Sun Apr 29, 2018 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Guaranteed Annuity
Replies: 83
Views: 3711

Re: TIAA Guaranteed Annuity

OP, since you're educating yourself (Wisely, I'd add.) about ways to establish reliable future income streams and just in case you haven't at least thought about this before, you might give consideration to the so called "do it yourself annuity" discussed in forum member Mel Lindauer's thread, linke...
by Austintatious
Thu Apr 26, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Considering a CD ladder
Replies: 45
Views: 6927

Re: Considering a CD ladder

May I ask, is there a simple "CD Ladder for Dummies" approach that you recommend? :?: I understand Fidelity has options, but it would also seem there would be additional costs associated with that. Frankly the above conversations are above my level of understanding/expertise. (thanks in advance) I ...
by Austintatious
Sun Apr 22, 2018 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: What is a good flat rate cash back credit card?
Replies: 80
Views: 8489

Re: What is a good flat rate cash back credit card?

I may have overlooked it but I've not seen mention of the USAA 2.5% cash back card in this thread. The rate drops to 1.5% if one fails to have a qualifying direct deposit (from an employer, a governmental entity or an external financial institution) of at least $1000 into one's USAA checking every 3...
by Austintatious
Wed Apr 18, 2018 4:13 pm
Forum: Personal Consumer Issues
Topic: car at 80
Replies: 59
Views: 4709

Re: car at 80

@ssquared87 "The BRZ is one of the best cars I've ever driven and I drive many amazing cars. It's let down by its terrible engine, but the chasis is spectacular. It also performs extremely well in the snow with winter tires because it has a mechanical limited slip differential along with stability c...
by Austintatious
Tue Apr 17, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Help with CD ladder strategy for emergency fund
Replies: 36
Views: 2728

Re: Help with CD ladder strategy for emergency fund

@ Kevin Yes, the Popular Direct rate at 2% is the best I've seen recently, as well, but I was turned off by their fee structure. I see a fee structure like that at Live Oak as notably more customer friendly. Plus there's no minimum deposit at Live Oak while Popular requires a 5k minimum. As for high...
by Austintatious
Tue Apr 17, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help with CD ladder strategy for emergency fund
Replies: 36
Views: 2728

Re: Help with CD ladder strategy for emergency fund

Here, for example, are the current CD rates for Live Oak Bank. I think their rates for short term CDs are very good, especially that 6 month rate of 1.95%. The linked page also discusses the early withdrawal penalties and it's 90 days simple interest for CDs with terms less than 24 months. Their cur...