Search found 1199 matches

by Carl53
Sat May 21, 2016 6:40 am
Forum: Investing - Help with Personal Investments
Topic: Defined benefit plan. Should I "buy" extra years of service?
Replies: 22
Views: 2192

Re: Defined benefit plan. Should I "buy" extra years of service?

The following I posted in Gustav's thread. https://www.bogleheads.org/forum/viewtopic.php?f=2&t=191362&newpost=2912766 It would seem to me that an after tax contribution such as you are contemplating would qualify. https://www.irs.gov/taxtopics/tc410.html Topic 410 - Pensions and Annuities I...
by Carl53
Sat May 21, 2016 6:16 am
Forum: Personal Finance (Not Investing)
Topic: Decision time - supplement pension, or not?
Replies: 12
Views: 891

Re: Decision time - supplement pension, or not?

Will the $50k payment come from a TIRA transfer? Or will it be post tax dollars? If post tax dollars will a portion of the pension be not taxed? If so, is all of the post tax paid out in the first year or two or over the life of the pension? These considerations make it a little different than the ...
by Carl53
Sun May 15, 2016 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Decision time - supplement pension, or not?
Replies: 12
Views: 891

Re: Decision time - supplement pension, or not?

Will the $50k payment come from a TIRA transfer? Or will it be post tax dollars? If post tax dollars will a portion of the pension be not taxed? If so, is all of the post tax paid out in the first year or two or over the life of the pension? These considerations make it a little different than the o...
by Carl53
Wed May 11, 2016 5:40 am
Forum: Personal Consumer Issues
Topic: Is a home disaster looming? sump pump running constantly please help!
Replies: 46
Views: 4184

Re: Is a home disaster looming? sump pump running constantly please help!

I find it more than a little troubling that the contractor is not willing to come out. Did your contract not spell out at least a number of times that he would come out to rectify problems? The 2-3 you mention, is it every two to three minutes it turns on and then runs for 2 to 3 and then repeats? T...
by Carl53
Mon May 09, 2016 1:02 pm
Forum: Personal Consumer Issues
Topic: Anybody have success reducing memory overhead on windows computers?
Replies: 22
Views: 1953

Re: Anybody have success reducing memory overhead on windows computers?

OP here. After numerous attempts to load windows updates I was finally able to load them, albeit in spurts. First 53 were attempted including about 6 optional, and all but two loaded. I tried the other two a second time and they loaded. I then sorted through the updates and uninstalled kb295664 and ...
by Carl53
Mon May 09, 2016 7:27 am
Forum: Personal Consumer Issues
Topic: Anybody have success reducing memory overhead on windows computers?
Replies: 22
Views: 1953

Re: Anybody have success reducing memory overhead on windows computers?

Regarding Windows Update, you can try these to see if this helps: Windows Patch: https://support.microsoft.com/en-us/kb/3102810 Windows Update Agent: https://support.microsoft.com/en-us/kb/949104 We've had some issues at work with Windows Updates taking forever to search, it also increases memory u...
by Carl53
Mon May 09, 2016 5:42 am
Forum: Personal Consumer Issues
Topic: Anybody have success reducing memory overhead on windows computers?
Replies: 22
Views: 1953

Re: Anybody have success reducing memory overhead on windows computers?

Is this Win7x32 or x64? Home or Pro? How much memory do you have in the machine? Windows Home Premium - Service Pack 1 (there is a highlighted message below this saying "Get more features with a new edition of Windows 7" - I interpret this as more overhead. Pentium Dual Core CPU 2.70 Hz 2...
by Carl53
Fri May 06, 2016 4:20 am
Forum: Investing - Help with Personal Investments
Topic: Do you get more SS if you wait, but do not work?
Replies: 20
Views: 3239

Re: Do you get more SS if you wait, but do not work?

Do you got more from Social Security if you take it later, but you do not work? Friend is turning 62 and wishes to wait until age 70 to take SS because he thinks he will get higher benefit at that time. Is this true, given that he doesn’t work - and hasn’t for many years? I would think he should fi...
by Carl53
Fri May 06, 2016 4:13 am
Forum: Personal Finance (Not Investing)
Topic: Healthcare costs in retirement
Replies: 26
Views: 2818

Re: Healthcare costs in retirement

We are a few years from taking Medicare but I tried looking up projections for my "high maintenance" spouse, including specialty drugs for RA. For her alone as I interpret it will be about $3500 for medicare b plus $4229 for the drugs on one new Part D plan. I only put in a few of the drug...
by Carl53
Fri May 06, 2016 3:45 am
Forum: Personal Consumer Issues
Topic: Anybody have success reducing memory overhead on windows computers?
Replies: 22
Views: 1953

Re: Anybody have success reducing memory overhead on windows computers?

Is this Win7x32 or x64? Home or Pro? How much memory do you have in the machine? Windows Home Premium - Service Pack 1 (there is a highlighted message below this saying "Get more features with a new edition of Windows 7" - I interpret this as more overhead. Pentium Dual Core CPU 2.70 Hz 2...
by Carl53
Thu May 05, 2016 6:42 am
Forum: Personal Consumer Issues
Topic: Anybody have success reducing memory overhead on windows computers?
Replies: 22
Views: 1953

Anybody have success reducing memory overhead on windows computers?

Looking for advice. Over time my few year old windows 7 based desktop (one of the last w7) has had some sort of a memory leak related to internet browsing. It often got worse when new windows upgrades were installed. Sometimes I have to turn the system off at the power button and reboot which then g...
by Carl53
Sun May 01, 2016 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: No Income - Convert some Traditional IRA money to Roth IRA?
Replies: 16
Views: 1374

Re: No Income - Convert some Traditional IRA money to Roth IRA?

This is turning into being more complex reading about it with IRS and trying to figure it out. I need to clarify some things. I am living overseas and my wife is considered a non resident alien so she does not have to file a U.S. return. Sounds like from what I have read you have until the end of t...
by Carl53
Fri Apr 29, 2016 4:11 pm
Forum: Personal Consumer Issues
Topic: Tips Wanted: Sydney to Melbourne, Great Ocean Road
Replies: 3
Views: 226

Re: Tips Wanted: Sydney to Melbourne, Great Ocean Road

City driving is a little daunting. This past year we borrowed a car from my daughters friend, Lexus with a stick. Like Wagner we were in Sydney for New Year's Eve and flew to Melbourne. Be sure to spend a day on Phillip island for the fairy penguin walk and the PI Wildlife park. We took a tour bus o...
by Carl53
Fri Apr 29, 2016 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Conversion
Replies: 14
Views: 1114

Re: IRA Conversion

Put the 10k into the Roth and convert as much as you want but not enough to eliminate the savers credit.
by Carl53
Fri Apr 29, 2016 3:49 pm
Forum: Personal Consumer Issues
Topic: Buying a New Car...Is it Unwise?
Replies: 68
Views: 6046

Re: Buying a New Car...Is it Unwise?

In the last year I put over $ 2000 into our 2008 Acura TL that now is at a little over 120k miles. Timing belt etc. and tires. Just passed on my 96 accord with 375k miles to my son. I figure it was way cheaper than going new at this time. BTW, my new vehicle is a 97 4x4 F150 Lariat with 112k miles. ...
by Carl53
Thu Apr 28, 2016 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Young Male Living with Parents
Replies: 83
Views: 4696

Re: Young Male Living with Parents

If you are all content with your arrangement, good for you.
by Carl53
Thu Apr 28, 2016 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: When to start Social Security. A different take
Replies: 107
Views: 9566

Re: When to start Social Security. A different take

COLA increases for your earnings go with your entitlement up to age 62, I understand they are slightly different if you accumulate earnings that contribute to SS after that age. L. Hi Leeraar: This is new and good information to me. So, assuming no earnings after age 62, this implies that if I am 6...
by Carl53
Thu Apr 28, 2016 3:50 pm
Forum: Investing - Theory, News & General
Topic: When to begin taking Social Security payments?
Replies: 31
Views: 1939

Re: When to begin taking Social Security payments?

Thanks all. Just checked my most recent SSA statement 4/21/16). My forecast at 70 is $3,480. Spousal benefit at FRA is $2,636. Family limit is $4,614. It certainly makes the wait worthwhile. And her benefit improves if I predecease her. Thanks to all for your input thus far. I think your FRA is $26...
by Carl53
Thu Apr 28, 2016 3:46 pm
Forum: Investing - Theory, News & General
Topic: When to begin taking Social Security payments?
Replies: 31
Views: 1939

Re: When to begin taking Social Security payments?

Your wife might consider taking her benefit when you turn FRA(66). Hers would be reduced perhaps 25% or less, but you would be eligible to obtain 50% of her PIA as a spousal with a restricted application. When you reach 70 you would switch to your benefits at 132% of your PIA and she switches to spo...
by Carl53
Wed Apr 27, 2016 2:34 pm
Forum: Personal Consumer Issues
Topic: Off to Australia - need advice
Replies: 49
Views: 3218

Re: Off to Australia - need advice

We are planning a trip to Australia this summer (well, winter Down Under). I am mining for information, and would appreciate any tips/insights you might have :-) Here is what we have planned as of now. - eight day trip (arriving on Sunday and departing next Monday, both to and from Sydney) - curren...
by Carl53
Wed Apr 27, 2016 2:16 pm
Forum: Personal Consumer Issues
Topic: Off to Australia - need advice
Replies: 49
Views: 3218

Re: Off to Australia - need advice

I think the Great Barrier Reef was a little overrated as was the rain forest near Cairns. A tour of Sydney harbor is nice. Bondi beach near Sydney was so so. Check and see if there are any local holidays/events during your stay. The opera house tour is pretty much a must. Less than two hours east of...
by Carl53
Tue Apr 12, 2016 5:21 pm
Forum: Personal Consumer Issues
Topic: American Express Discontinuing Benefit Offers?
Replies: 4
Views: 1059

Re: American Express Discontinuing Benefit Offers?

Apparent website glitch as my offers are back. Nothing that I really want though.
by Carl53
Tue Apr 12, 2016 12:21 pm
Forum: Personal Consumer Issues
Topic: American Express Discontinuing Benefit Offers?
Replies: 4
Views: 1059

American Express Discontinuing Benefit Offers?

Today I logged into my AEP blue cash preferred account. Typically there are a number of benefit offers at the bottom of the home page often numbering 50 or more. The vast majority of the offers are from various online retailers. Today there are 4 nonoffers, just AEP self serving promos like get a fr...
by Carl53
Thu Apr 07, 2016 2:46 pm
Forum: Personal Consumer Issues
Topic: I'm Addicted [to investing and personal finance]
Replies: 64
Views: 8817

Re: I'm Addicted

I can relate. I spent a lot of time yesterday looking at this: https://am.jpmorgan.com/blob-gim/1383280028969/83456/jp-littlebook.pdf It's a little bit connected to my job, and I'm eight months from retirement so I don't feel too guilty goggling at the flat screen, but yeah. Can be addicting. Nice ...
by Carl53
Mon Mar 28, 2016 6:56 pm
Forum: Personal Consumer Issues
Topic: all-in-one? (printer, scanner, copier.)
Replies: 29
Views: 1865

Re: all-in-one? (printer, scanner, copier.)

I bought a used 3210 off of ebay last month for $125 after our former one broke. The lid got opened too far and apparently damaged a cable. I checked into refurbs but it would have been more expensive than the one I got. I know that other new all-in-ones (that often had less than stellar reviews) w...
by Carl53
Mon Mar 28, 2016 2:08 pm
Forum: Personal Consumer Issues
Topic: all-in-one? (printer, scanner, copier.)
Replies: 29
Views: 1865

Re: all-in-one? (printer, scanner, copier.)

I bought a used 3210 off of ebay last month for $125 after our former one broke. The lid got opened too far and apparently damaged a cable. I checked into refurbs but it would have been more expensive than the one I got. I know that other new all-in-ones (that often had less than stellar reviews) we...
by Carl53
Sat Mar 26, 2016 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Home too small
Replies: 45
Views: 4347

Re: Home too small

Hi all, We're thinking of growing our family. Currently, it is my wife, me, and our two year old (and a cat and three chickens). I'm 41, my wife is 30. We have a small house in a nice part of town. Prices in our neighborhood have shot up and it would be really tough for us to find a bigger house in...
by Carl53
Fri Mar 25, 2016 12:13 pm
Forum: Personal Consumer Issues
Topic: pool heater - anyone have a heat pump?
Replies: 3
Views: 357

Re: pool heater - anyone have a heat pump?

I've had a natural gas pool heater for about 10 years (in Ohio). Besides the heater I had to get the line from the meter upsized per code. Probably would not have been necessary if I stayed with a medium sized heater but I went with a 350,000 unit to go with my 40,000 gallon pool. Cost for line and ...
by Carl53
Thu Mar 24, 2016 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Financially, how have you done/doing vs. your parents?
Replies: 134
Views: 10814

Re: Financially, how have you done/doing vs. your parents?

I have done somewhat better than my parents. As a boomer, with an engineering degree good pay was available. That said both my parents and in-laws did relatively well by just being frugal and saving at banks and having steady blue collar employment. None of us have done better than my paternal grand...
by Carl53
Thu Mar 24, 2016 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Defined Benefit Pension - Joint Survivor Annuity
Replies: 41
Views: 2325

Re: Defined Benefit Pension - Joint Survivor Annuity

I understand that my 50% survivor benefit pension would revert to the somewhat higher 0% survivor benefit pension level if my spouse predeceased me.
by Carl53
Thu Mar 24, 2016 7:01 am
Forum: Personal Finance (Not Investing)
Topic: student loan pay off redux
Replies: 8
Views: 849

Re: student loan pay off redux

My next due date has been advanced to 2019 given the extra payments I have made (federal loans). Does this mean that you have only made prepayment of the next 3 years of payments or has the principal been reduced by the total amount of your extra payments? Did the amount you owe drop by $27000 if y...
by Carl53
Thu Mar 24, 2016 5:20 am
Forum: Personal Finance (Not Investing)
Topic: File-and-suspend: what happens when one spouse dies before claiming individual benefits?
Replies: 1
Views: 357

Re: File-and-suspend: what happens when one spouse dies before claiming individual benefits?

She would get whatever his benefit would have been on the day he passed, including accumulated delayed retirement credits. If she is younger than the survivors full retirement age when he passes (for her I believe it would be age 66) there would be a 0.396%/month reduction in benefits. https://www.s...
by Carl53
Wed Mar 23, 2016 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Is there a way to KNOW if card is chip-and-pin?
Replies: 6
Views: 598

Re: Is there a way to KNOW if card is chip-and-pin?

I am going through this too in getting in getting ready for a trip to Europe. In the paperwork for my PenFed card it and on their web site it explicitly says that it should work as a chip and pin as well as for ATMs. I would check the details on their web site to if it explicitly says that the chip...
by Carl53
Wed Mar 23, 2016 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Defined Benefit Pension - Joint Survivor Annuity
Replies: 41
Views: 2325

Re: Defined Benefit Pension - Joint Survivor Annuity

My understanding when I retired a few years ago was that the 50% option default was a legal requirement. The purpose is to protect the interests of the spouse in case the pension owner and spouse are at loggerheads over what to choose. In that case, the pension owner can resolve the matter by selec...
by Carl53
Mon Mar 21, 2016 6:32 am
Forum: Investing - Help with Personal Investments
Topic: The Exclusive Consumer Staple Fund
Replies: 6
Views: 802

Re: The Exclusive Consumer Staple Fund

Other than the REIT index fund, all of the equity sector index funds have a $100,000 minimum, which gives admiral shares (no investor share class available). It's not just consumer staples but everything from energy to health care. Minor correction, the admiral health and energy funds have $50,000 ...
by Carl53
Sat Mar 19, 2016 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirees - What triggered you to retire?
Replies: 96
Views: 10500

Re: Early Retirees - What triggered you to retire?

We talked about retiring early when we first married. As I approached my 55th birthday, a same age coworker had a lifechanging health issue. Given that my spouse had major health issuses, we reevaluated whether it was better to enjoy the potentially few relatively good years that we might have toget...
by Carl53
Sat Mar 19, 2016 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my recently widowed mom
Replies: 23
Views: 1732

Re: Help me help my recently widowed mom

All, Thank you for all your suggestions. I am hoping someone will still suggest how to allocate her cash and in what investments besides just the index funds (i.e., laddered CDs, etc). I will address the questions raised so far. Her withdrawal from her assets won't just be the additional $42k which...
by Carl53
Fri Mar 18, 2016 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: spousal social security
Replies: 3
Views: 607

Re: spousal social security

Half of your PIA, your age 66 benefit assuming that you are at least 62 by the end of this year. Note that she could claim her benefit prior to age 66 and you could file a restricted claim for half of her PIA if you were 62 by the end of last year.
by Carl53
Thu Mar 17, 2016 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Downgrading a CC [Credit Card]
Replies: 16
Views: 1543

Re: Downgrading a CC [Credit Card]

Be sure to ask if you can retain any up redeemed cash rebates.
by Carl53
Tue Mar 15, 2016 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Pension options
Replies: 14
Views: 1588

Re: Pension options

Well I am collecting my spouse half of SS today while I am working so yes I will delay my SS until I am 70. I am getting SS $14,400 today and at age 70 SS will be $35,900. So until I am 70 my SS is fairly low for tax purposes. option 1: (age 70 ½) taking monthly annuity $2475 = $29,700 pension $780...
by Carl53
Tue Mar 15, 2016 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Distributing lump sum to student loans
Replies: 9
Views: 957

Re: Distributing lump sum to student loans

Just be sure as to how the excess payments will be applied before you make any extra payments on any of the loans. Try to get any communication in writing and review the loans terms. Also provide written instructions with each payment and keep a copy for yourselves.
by Carl53
Mon Mar 14, 2016 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Pension options
Replies: 14
Views: 1588

Re: Pension options

https://www.bogleheads.org/wiki/Roth_IRA_conversion Recognize two cautions regarding taking conversions during retirement: 1.If you are drawing Social Security, a Roth IRA conversion could result in a one-year increase in the taxable portion of your Social Security benefits. Total income for Social ...
by Carl53
Fri Mar 04, 2016 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Minimum Required Distribution after death of spouse and settling estate
Replies: 6
Views: 774

Re: Minimum Required Distribution after death of spouse and settling estate

I remain confused about why she says the past year's (2015) RMD would be scheduled to be paid in September 2016. Is that even done?


She probably is just referring to using the 2015 EOY balance to determine the 2016 RMD.
by Carl53
Wed Feb 24, 2016 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: What income tax bracket will I be in?
Replies: 10
Views: 901

Re: What income tax bracket will I be in?

Any options for pretax payment of health insurance premiums or FSA? You can also contribute enough to a TIRA that would drop your taxable income. Any educational loan interest, relocation expenses or itemizable deductions are other alternatives.
by Carl53
Wed Feb 24, 2016 9:54 am
Forum: Investing - Help with Personal Investments
Topic: 27, ROTH contribution or pay down debt (39% of payments to interest this past year)?
Replies: 32
Views: 2346

Re: 27, ROTH contribution or pay down debt (39% of payments to interest this past year)?

Student loans use a formula where interest accrues daily. So when your monthly payment is due, the accrued interest based on the number of days since the last payment is paid first and the balance goes to the principal. All federal loans follow this formula. Looking at your payment history, it look...
by Carl53
Wed Feb 24, 2016 8:52 am
Forum: Investing - Help with Personal Investments
Topic: 27, ROTH contribution or pay down debt (39% of payments to interest this past year)?
Replies: 32
Views: 2346

Re: 27, ROTH contribution or pay down debt (39% of payments to interest this past year)?

When they applied the extra payment did the balance drop by the amount of the extra payment above and beyond what it would have dropped had you made just the regular payment? Yes, the principal balance dropped. I don't remember if the monthly payment dropped. It's not available on their website and...
by Carl53
Wed Feb 24, 2016 8:34 am
Forum: Investing - Help with Personal Investments
Topic: 27, ROTH contribution or pay down debt (39% of payments to interest this past year)?
Replies: 32
Views: 2346

Re: 27, ROTH contribution or pay down debt (39% of payments to interest this past year)?

Carl, thanks for the clarification. I was trying to figure that out before your post. It's very helpful. I'll have to reread the terms of my loan. I have instructed them each time I made an additional repayment in the past to place the extra payment on the principal. As best I remember, it would re...
by Carl53
Wed Feb 24, 2016 7:56 am
Forum: Investing - Help with Personal Investments
Topic: 27, ROTH contribution or pay down debt (39% of payments to interest this past year)?
Replies: 32
Views: 2346

Re: 27, ROTH contribution or pay down debt (7%)?

Not following the math here. 6% x $34,000 = $2,040 That's because my student loan company (Navient) front-loads the repayment schedule with interest. That is why, for example, 39.4% of my payments this past year went towards interest . I am in my third/4th year of repayment on a ten year repayment ...
by Carl53
Wed Feb 24, 2016 6:51 am
Forum: Personal Finance (Not Investing)
Topic: [5 yr CD vs new Ford 5 yr] corporate bond
Replies: 12
Views: 1025

Re: corporate bond

Thank you for reading my post. All what are you saying is correct and I know that. Any investments stock mutual funds, ETF have some element of risk more or less. I have a mortgage 5 years left ($50000, 2.62%)and I don't want to pay it off. Don't want to lock money in my home, know body know a futu...

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