Search found 54 matches

by Beehave
Thu Aug 17, 2017 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 115
Views: 6541

Re: Anyone planning on never retiring?

Some people retire and are happy and thrive. Others deteriorate. If you ask whether anyone just plans to keep working, that is probably what you want to do. I felt the way you feel and have been teaching for 7 years since retiring from IT. I teach primarily evening classes and am a part-time employe...
by Beehave
Wed Aug 16, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Cancer at 38. Going from high income to no income. Need help generating income from $5m portfolio
Replies: 41
Views: 7420

Re: Cancer at 38. Going from high income to no income. Need help generating income from $5m portfolio

My husband was recently diagnosed with a rare form of cancer at the age of 38 and is now unable to work. It came as a complete shock (he has always been very fit and healthy). The type of cancer is rare and the prognosis is typically very poor but patients have a large range of outcomes including s...
by Beehave
Mon Aug 14, 2017 9:38 am
Forum: Personal Consumer Issues
Topic: Tub/shower/bath cleaners...your recommended products?
Replies: 19
Views: 1658

Re: Tub/shower/bath cleaners...your recommended products?

Beyond soap film, which just about any product can remove, what is your recommended product for tough jobs (like mineral deposits)? I used to use this product that I can't find anymore and can't remember the name. If I describe it, hopefully someone will reply with the name and once I see it, I'll ...
by Beehave
Mon Aug 14, 2017 9:17 am
Forum: Personal Consumer Issues
Topic: Long Distance Auto Transport
Replies: 7
Views: 500

Re: Long Distance Auto Transport

Good morning, I need to ship a car from Western PA to LA. Has anyone had experience with an auto transport company? Would appreciate comments--good or bad--wrt specific companies. Montway, found online, appears to be a large one (at least online) and shows a number of excellent reviews. But when yo...
by Beehave
Sun Aug 13, 2017 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Create a Mortgage Payoff Fund or Not?
Replies: 20
Views: 1360

Re: Create a Mortgage Payoff Fund or Not?

I'd do option 3 which is pay off the whole thing now and open a line of credit for the emergency which will probably never happen. Option 3 makes more sense to me than option1 because it removes the monthly mortgage payment. However, If the OP is more comfortable keeping cash on hand than emptying ...
by Beehave
Sun Aug 13, 2017 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Create a Mortgage Payoff Fund or Not?
Replies: 20
Views: 1360

Re: Create a Mortgage Payoff Fund or Not?

Option 2 looks better to me. - I think you are better served with your current emergency fund given the high cost of living in your area. - If you pay down a portion of the loan principle you will still have your monthly mortgage payments but your tax deduction for those payments will be reduced. - ...
by Beehave
Sun Aug 13, 2017 1:56 am
Forum: Personal Finance (Not Investing)
Topic: IRA withdrawal tax aConsider couple on Medicare and over 70.5 years of age. They must take RMDsnd Medicare implications
Replies: 13
Views: 1092

Re: IRA withdrawal tax aConsider couple on Medicare and over 70.5 years of age. They must take RMDsnd Medicare implicat

Download the TaxCaster app, enter all their income data, and you'll have your answers. They would need to determine if it would be better to do conversions over a period of a couple years to minimize taxes (and the tradeoff with multiple years of higher Part B premiums). Thanks. With current tax br...
by Beehave
Sun Aug 13, 2017 1:44 am
Forum: Personal Finance (Not Investing)
Topic: IRA withdrawal tax aConsider couple on Medicare and over 70.5 years of age. They must take RMDsnd Medicare implications
Replies: 13
Views: 1092

Re: IRA withdrawal tax aConsider couple on Medicare and over 70.5 years of age. They must take RMDsnd Medicare implicat

Consider couple on Medicare and over 70.5 years of age. They must take RMDs each year from their IRAs (and any 401ks). After they have taken their RMDs in a year (............................... (2) If yes, then if they withdraw significant funds, each dollar will be added to that year's income so ...
by Beehave
Sat Aug 12, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: IRA withdrawal tax aConsider couple on Medicare and over 70.5 years of age. They must take RMDsnd Medicare implications
Replies: 13
Views: 1092

IRA withdrawal tax aConsider couple on Medicare and over 70.5 years of age. They must take RMDsnd Medicare implications

Consider couple on Medicare and over 70.5 years of age. They must take RMDs each year from their IRAs (and any 401ks). After they have taken their RMDs in a year (1) Can withdraw any remaining IRA funds they wish and deposit them into a Roth IRA? (2) If yes, then if they withdraw significant funds, ...
by Beehave
Fri Aug 11, 2017 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Progress, thanks, and seeking advice on 2nd careers
Replies: 20
Views: 2339

Re: Progress, thanks, and seeking advice on 2nd careers

Well indexing and the market have been good for me, started this month with investment accounts only finally in the $2M range. Remain tremendously appreciative of the many posters who are deeply knowledgable and deeply engaged on this site for all of the advice they provide. Onward and upward hopef...
by Beehave
Fri Aug 11, 2017 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein's Simpleton's Portfolio
Replies: 40
Views: 4187

Re: Bernstein's Simpleton's Portfolio

(1) Looks to me like you have no exposure to US mid-caps. I'd suggest discontinuing contributions to US small and instead, start and continue contributions to a US "completion index" or "extended" fund which has both mid- and small-cap stocks. You're right, we're missing US midcap with this allocat...
by Beehave
Fri Aug 11, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for my Wife - Introductory Post & First Question
Replies: 23
Views: 2939

Re: Planning for my Wife - Introductory Post & First Question

A good way for your wife to learn will be for you to go over the last year's tax return with her. Point out where each part of your income shows up on the 1040 form and any other forms. Show her where the AGI is (line 37) and what the MAGI is (I think line 37 plus line 8b) so she can understand the ...
by Beehave
Fri Aug 11, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein's Simpleton's Portfolio
Replies: 40
Views: 4187

Re: Bernstein's Simpleton's Portfolio

(1) Looks to me like you have no exposure to US mid-caps. I'd suggest discontinuing contributions to US small and instead, start and continue contributions to a US "completion index" or "extended" fund which has both mid- and small-cap stocks. (2) My feeling is that rather than 25% in bonds, you'd d...
by Beehave
Fri Aug 11, 2017 10:16 am
Forum: Personal Consumer Issues
Topic: Best place (with warm weather) to raise children
Replies: 104
Views: 16166

Re: Best place (with warm weather) to raise children

Tampa, Clearwater, or Sarasota Florida. Hot weather much of the year (no seasons) and questionable schools in SW Florida. Howard County, MD for excellent public schools. Maybe some portions of Raleigh, Durham, Chapel Hill NC if you want warmer than Maryland. Be careful about the schools there, prob...
by Beehave
Wed Aug 09, 2017 6:13 pm
Forum: Personal Consumer Issues
Topic: Best at Home Safe
Replies: 24
Views: 1769

Re: Best at Home Safe

Either one that is secured to the slab or some other house object or very heavy. Unfortunately, we had a robbery with a safe containing a large coin collection that included stealing a 400 pound safe in less than thirty minutes. We are still uncertain how someone knew it existed since it was in a c...
by Beehave
Thu Aug 03, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: MIL wants to move in with us
Replies: 45
Views: 3268

Re: MIL wants to move in with us

Sounds as if your DW and MIL made a decision without your actual participation. My suggestion would be to request a re-wind where everyone can express their wants and needs. In case you end up with addition and MIL moving in, you should negotiate what's acceptable to you within that framework that w...
by Beehave
Thu Aug 03, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: MIL wants to move in with us
Replies: 45
Views: 3268

Re: MIL wants to move in with us

Sounds as if your DW and MIL made a decision without your actual participation. My suggestion would be to request a re-wind where everyone can express their wants and needs. In case you end up with addition and MIL moving in, you should negotiate what's acceptable to you within that framework that w...
by Beehave
Thu Aug 03, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Losing confidence in Ally Bank - what would you do
Replies: 58
Views: 6580

Re: Losing confidence in Ally Bank - what would you do

This is the second time that I've had difficulties making a transfer from Ally to my main brick and mortar checking account when I needed it, but this second case is a particularly egregious example. So, I'd be interested in what you would do in my situation - stay with them and give them a chance ...
by Beehave
Mon Jul 31, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Someone else applied for a friend's social security
Replies: 9
Views: 1351

Re: Someone else applied for a friend's social security

The SSA has and OIG function (Office of Inspector General) that handles fraud. Google "oig and fraud" for details - - but here's the contact info from the website: * * * * * REPORT FRAUD Reporting is easy, safe, and secure. You can reach us by internet, phone, mail, or facsimile. Internet:...
by Beehave
Mon Jul 31, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Philosophy major and future law student
Replies: 93
Views: 4973

Re: Philosophy major and future law student

It turns out Philosophy has a very high salary compared to many other majors: higher than undergrad business even. Most philosophers do not go into academia but other professions, where they use their thinking skills taught in philosophy. Nothing stops him getting a double major in philosophy and c...
by Beehave
Mon Jul 31, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]
Replies: 63
Views: 4300

Re: Fidelity Tries to Out-Vanguard Vanguard With Latest Fee Cuts

Boston Globe is reporting that Fido is laying off another ~1% of workers (above the 1500 voluntary buy outs from a couple weeks ago). We should be careful what we wish for toward lower expenses — won't services fall off too? Vanguard is mentioned all the time on this forum as the cheapest but least...
by Beehave
Mon Jul 31, 2017 1:54 pm
Forum: Personal Consumer Issues
Topic: Filling bookshelves cheaply
Replies: 56
Views: 2606

Re: Filling bookshelves cheaply

This is pretty much the definition of a first world problem, but anyway... I just started as a professor at a top university following my Ph.D. I have a nice big office that has 16 bookshelves (four bookshelf units each with four shelves). I only own 5 books because everything I need to access is e...
by Beehave
Mon Jul 31, 2017 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Toyota Marketing Fund
Replies: 10
Views: 1034

Re: Toyota Marketing Fund

Must be a very hot selling Toyota in your part of the country. As perez99 stated, you want to negotiate the out-the-door price. Everything else is hot air. This is correct. The way to negotiate is to start with the factory sticker MSRP and subtract some percentage off of it. That comprises the base...
by Beehave
Tue Jul 25, 2017 11:37 pm
Forum: Personal Consumer Issues
Topic: Need Options - Honda Accord Incredibly Uncomfortable Seats
Replies: 81
Views: 4868

Re: "10 Savvy Ways You Can Spot Fake Reviews"

Bogleheads: First time Boglehead posters bashing a non-financial product may be real but good investors are skeptical. This article will help spot impostors: 10 Savvy Ways You Can Spot Fake Reviews Best wishes. Taylor +1. The original post reads (to me) as very overly dramatic and has so many clich...
by Beehave
Tue Jul 25, 2017 9:48 pm
Forum: Personal Consumer Issues
Topic: Need Options - Honda Accord Incredibly Uncomfortable Seats
Replies: 81
Views: 4868

Re: Need Options - Honda Accord Incredibly Uncomfortable Seats

[ Thank you for the very detailed response. Unfortunately I am done with Honda. None of their current models seem any more comfortable and may be worse, except the Pilot and maybe the new CRV and new Odyssey. Those vehicles are completely different classes and sizes. I kick myself for not getting th...
by Beehave
Tue Jul 25, 2017 9:35 pm
Forum: Personal Consumer Issues
Topic: Golfers - need to ramp up ASAP!
Replies: 42
Views: 3621

Re: Golfers - need to ramp up ASAP!

[quote="goblue100"]I would offer to drive the cart and drink beer. More fun than playing anyway, IMHO. A most viable alternative! You can spot shots and help find lost balls and participate in the group fun in that helping way. P.S. anyone with a "Go Blue" sentiment will do well ...
by Beehave
Tue Jul 25, 2017 9:11 pm
Forum: Personal Consumer Issues
Topic: Need Options - Honda Accord Incredibly Uncomfortable Seats
Replies: 81
Views: 4868

Re: Need Options - Honda Accord Incredibly Uncomfortable Seats

My understanding is that car seats no longer have springs and so use foam. Foam softens over time, so maybe it will improve over time. Not to be facetious - - but maybe you have a large friend who can sit in the seat for an hour or two and see if that helps break it in (softens the foam and thereby ...
by Beehave
Tue Jul 25, 2017 1:10 pm
Forum: Personal Consumer Issues
Topic: Golfers - need to ramp up ASAP!
Replies: 42
Views: 3621

Re: Golfers - need to ramp up ASAP!

Hi BH Golfers, I was invited to a big reunion with some college friends. Among the activities is 18 holes of golf. I have one month to prepare. I haven't golfed in probably 20 years and I was never bit by the 'golf bug.' But now I live within walking distance of two golf courses and it might be a g...
by Beehave
Mon Jul 24, 2017 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: MAGI and Medicare
Replies: 29
Views: 1895

Re: MAGI and Medicare

I thought (could be wrong) that contribution to a traditional IRA was not permitted >= age 70. Does that ring a bell anyone? Age 70.5 rings a bell with me, but I don't think they are talking about making contributions. I think they are talking about taking RMDs instead. Thanks for the info. I knew ...
by Beehave
Sun Jul 23, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: MAGI and Medicare
Replies: 29
Views: 1895

Re: MAGI and Medicare

As OP, thanks for the replies. I think retiredjg and House Blend are right - - for Medicare tier pricing it looks as if MAGI = AGI + any untaxed interest. Untaxed Social Security appears not to count as MAGI. Also, the comments that current year tier pricing is based on your income from 2 years befo...
by Beehave
Sun Jul 23, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: MAGI and Medicare
Replies: 29
Views: 1895

MAGI and Medicare

I've combed this site and Google in general and am confused by ambiguities, technical jargon, and seemingly outright contradictions in opinions. Medicare subsidies vary based on MAGI, which raises the issue of what MAGI actually is. Medicare subsidies are reduced at the $170k MAGI level. Suppose som...
by Beehave
Sat Jul 22, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Stable value fund vs Vanguard Total Bond Market Index
Replies: 27
Views: 3302

Re: Stable value fund vs Vanguard Total Bond Market Index

Regarding risk in stable value funds, when the ill winds of mortgage-backed securities were first whispers, I called Fidelity to ask about the stable value fund that was specially provided for the 401K plan where my DW worked. I asked if they had any of that type of security and they led me to belie...
by Beehave
Fri Jul 21, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Lexus to Camry, invest difference
Replies: 30
Views: 2726

Re: Lexus to Camry, invest difference

If you're going to trade probably best to do it now. The 2017 Camry is on fire sale making way for the 2018s. And your Lexus is still one model year younger than it'll be in a couple of months. If you're going to get a Camry get the cheapest on the lot with exterior color, interior color (and prefer...
by Beehave
Wed Jul 19, 2017 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 53
Views: 4479

Re: Physician Compensation and Subspecialties

Get certified in dermatology. Move to a retirement community area in Arizona or Florida. Every retired baby boomer is getting skin checks at least once a year and each visit there is some reason to remove something or other. You will retire young and wealthy at least if current insurance conditions ...
by Beehave
Tue Jul 18, 2017 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Survivor Benefit in Lieu of Long Term Care Insurance?
Replies: 27
Views: 1255

Re: Pension Survivor Benefit in Lieu of Long Term Care Insurance?

(1) You and your wife should take the full spousal coverage. That guarantees a known income for life for both/each of you. That is what a pension or annuity is for. Term insurance is a bad idea. You may both live into your 80s - 90s - beyond. Do you really want to be buying term insurance at age 75 ...
by Beehave
Tue Jul 18, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Investing, Saving, Debt reduction
Replies: 26
Views: 2095

Re: Advice Needed - Investing, Saving, Debt reduction

I'm no tax expert, but for what it's worth here are my thoughts. (1) You've done a great job reforming your spending habits and introducing debt control. So you will do well (and infinitely better than before) no matter which of the three you do, because each stores power and gives you future levera...
by Beehave
Fri Jul 14, 2017 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice
Replies: 1
Views: 518

Re: Career advice

I'm not an expert on the specifics of DAU education, but I've been around colleges and industry for a long time and appreciate your service and hope I can provide some practical advice. I had to google "DAU" to learn what it is. I discovered there are 14 areas, each with 3 levels of certif...
by Beehave
Fri Jul 14, 2017 10:13 pm
Forum: Personal Consumer Issues
Topic: anyone retire and move to a planned community in FL?
Replies: 48
Views: 6461

Re: anyone retire and move to a planned community in FL?

You can also look about 15 miles south of Tampa at Sun City Center (several retirement sections) and adjacent Wimauma (one 55 and over in place and another on the way). They are a quick ride into Tampa with its museums and healthcare. Local restaurants are generally nothing to write home about, but ...
by Beehave
Thu Jul 13, 2017 9:36 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 6994

Re: Bogleheads: Please help me pick a new car

A Yota Camry LE I4 CVT, super easy drive and reliable. No need of AWD. Get self a set of snow tire.Mount them on a set of steel rim. 2017 model on sale now for $18000. 2018 model year is coming soon. I agree with WhiteMaxima. 4 cylinder Camry is safe and rock solid reliable. If you want speed get t...
by Beehave
Wed Jul 12, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: $400,000 Roth Conversions Between Ages 66-69?
Replies: 152
Views: 23277

Re: $400,000 Roth Conversions Between Ages 66-69?

2 comments: 1) Mind SGM's post about impact of income on Medicare fees. It can be significant and should be factored in. 2) I'm kind of new here, but I thought that the Boglehead philosophy generally favored diversifying risk and casting a wary eye on assumptions that past performance is a guarantee...
by Beehave
Wed Jul 12, 2017 12:06 am
Forum: Personal Finance (Not Investing)
Topic: ORP treatment of Social Security after 2035
Replies: 7
Views: 617

Re: ORP treatment of Social Security after 2035

If Social Security payments are eventually reduced it is possible that those with larger monthly payments will take more of a haircut. And this is a consideration. But so is the possibility that this will not happen. And so is the possibility that the tax system will be reconfigured to favor work-ba...
by Beehave
Tue Jul 11, 2017 11:50 pm
Forum: Investing - Theory, News & General
Topic: Question about differences: Vanguard / Fidelity balanced funds.
Replies: 6
Views: 769

Re: Question about differences: Vanguard / Fidelity balanced funds.

Fidelity Four in One fund is aggressive if you want aggressive balanced and you want Fidelity. I've found Fidelity to be very sales oriented and Vanguard to be very customer oriented. I recommend Vanguard to friends and family. It should be said that my negative experiences with Fidelity happened se...
by Beehave
Tue Jul 11, 2017 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Annuities - clueless
Replies: 16
Views: 1657

Re: Annuities - clueless

Annuities indexed to the stock market as I understand them do not include the income from the dividends in their computations - - another reason to avoid (or be VERY careful about) the sales pitches. The immediateannuities.com site, as mentioned above, is very helpful. You can model scenarios and va...
by Beehave
Mon Jul 10, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another pension thread -- take partial lump sum w/reduced annuity or normal annuity?
Replies: 29
Views: 1665

Re: Yet another pension thread -- take partial lump sum w/reduced annuity or normal annuity?

My advice: Take the pension with 100% spousal g'tee. Treat the new income within your asset allocation as a bond-like holding. Then Invest more of your other cash/bonds into riskier assets such as stocks if that's what you want to do for growth. The pension is worth more than the cash -- take it. Tw...
by Beehave
Sat Jul 08, 2017 8:25 am
Forum: Investing - Help with Personal Investments
Topic: vanguard fixed annuity vs favorite nonprofit annuity
Replies: 9
Views: 985

Re: vanguard fixed annuity vs favorite nonprofit annuity

I personally think waiting a year makes sense because it seems interest rates will rise. However, it is still worthwhile to understand what you are giving up by waiting, especially since you'll be faced with the same decision next year. (1) You are giving up the monthly income of the annuity this ye...
by Beehave
Sat Jul 08, 2017 12:02 am
Forum: Investing - Theory, News & General
Topic: Reuters Story on Used Car Market
Replies: 19
Views: 2398

Re: Reuters Story on Used Car Market

A couple of thoughts on the comments above and then a question. Beware of following trucks (if possible). The driver may well keep his/her truck in good shape, but may have no real control over the trailer they are contracted to haul. Lots of trailers today seem to be running on retreads that blow. ...
by Beehave
Fri Jul 07, 2017 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking Advice on Graduate School
Replies: 14
Views: 1398

Re: Seeking Advice on Graduate School

Sounds as if you enjoy working in a small company (broad responsibilities) but are concerned that the size and family-run aspects may limit you. I've worked both, and for all that's bad about large companies, and all that's fun about small companies, the family-run enterprise can ultimately get real...
by Beehave
Fri Jul 07, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Payout
Replies: 24
Views: 3080

Re: Pension Payout

My opinion is go for the full spousal benefit with restore to max if she predecedes you. This is the max "sleep at night" option. One option some people in your situation sometimes consider is going low on the spousal benefit and buying term insurance instead to cover the spouse. My friend...
by Beehave
Wed Jul 05, 2017 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: What is the advantage of deferring taxes vs paying them up front?
Replies: 57
Views: 5063

Re: What is the advantage of deferring taxes vs paying them up front?

My view is we do not know what tax policies will be in place years from now. So using today's rates or some historic lookback may be the best we can do when deciding, but it's somewhat akin to using past stock market performance to predict the market's future. For all we know, sometime down the road...
by Beehave
Mon Jul 03, 2017 10:40 pm
Forum: Personal Consumer Issues
Topic: Expensive Car Repair, New Engine
Replies: 51
Views: 3714

Re: Expensive Car Repair, New Engine

My child pierced oil pan in a Chevrolet with a common 6 cylinder engine and blew out the engine. A local shade tree mechanic contacted salvage yards, found 2 best replacement engine candidates, asked me which one I preferred, bought and installed it for us and the car worked fine afterward for many,...