Search found 1215 matches

by Carl53
Mon Aug 15, 2016 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Realigning Savings After Spouse Stops Working
Replies: 2
Views: 556

Re: Realigning Savings After Spouse Stops Working

Q1 I wouldn't worry about it.

Q2 Suggest keeping enough in the 401k to get the full match, funding the HSA to reflect expected expenses and the balance to the Roth since you are in the 15% bracket.
by Carl53
Mon Aug 15, 2016 4:31 am
Forum: Personal Finance (Not Investing)
Topic: how get money at retirement
Replies: 11
Views: 2612

Re: how get money at retirement

You will only be taking 5-6% out of your entire portfolio. Just take some from the portion of the portfolio that might be somewhat heavy relative to your AA. If your estimate of expenses (including taxes?) of $60-70k is accurate, you should have a little room in the 15% bracket (currently $75.3k tax...
by Carl53
Mon Aug 01, 2016 2:24 pm
Forum: Personal Consumer Issues
Topic: Should I flip my neighbor's house to save the neighborhood?
Replies: 72
Views: 6631

Re: Should I flip my neighbor's house to save the neighborhood?

Have you not been through it? You seem to be quoting third parties. My brother-in-law bought a dump of a home in their former neighborhood for $30k to preserve his equity. Turned out that he had to gut everything down to the shell replacing most of all the structural lumber due to cat urine that he ...
by Carl53
Mon Jul 25, 2016 11:42 am
Forum: Personal Consumer Issues
Topic: Converting from Oil heat to Gas or Electric
Replies: 46
Views: 2195

Re: Converting from Oil heat to Gas or Electric

Consider what gas appliances you might add and have the inside piping sized for potential total requirements. You would be ahead to install piping extensions to areas that you may convert to gas at a later time.
by Carl53
Sat Jul 23, 2016 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Sallie Mae Credit Card Reward Limits
Replies: 3
Views: 408

Re: Sallie Mae Credit Card Reward Limits

Statement period
by Carl53
Tue Jul 19, 2016 6:40 am
Forum: Personal Finance (Not Investing)
Topic: Daring to figure it out for myself .. mind numbing pension post
Replies: 17
Views: 2906

Re: Daring to figure it out for myself .. mind numbing pension post

The PBGC guarantee easily covers 'x' should Megacorp fail, although it is unclear it is fully covered for those retiring before age 65. The potential PBGC payout increases most years for those already not receiving it. For instance, a 59 year old just starting PBGC payouts would receive $3056.93 mo...
by Carl53
Sun Jul 17, 2016 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Spousal Step Up Social Security Question
Replies: 46
Views: 2741

Re: Spousal Step Up Social Security Question

The 200k mortgage is from my sophomore year of high school ( I am 30 right now ) - my dad had lost his job for two years and they had to borrow from the house so they could pay their bills. There's an emotional attachment to this house that my parents have that makes it difficult to get them to cha...
by Carl53
Sun Jul 03, 2016 6:27 am
Forum: Investing - Help with Personal Investments
Topic: $400,000 Roth Conversions Between Ages 66-69?
Replies: 109
Views: 11138

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

You might consider bunching your property taxes if your locality permits it. On one property I am able to pay the following year taxes just before the end of the year, and on an out of state property I can prepay the early payment for the following year. You do this one year and use the standard ded...
by Carl53
Sat Jul 02, 2016 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: $400,000 Roth Conversions Between Ages 66-69?
Replies: 109
Views: 11138

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

If I had your portfolio, I would convert more like $250K per year. Look at things like: a) the top of the 28% bracket b) commencement of AMT (if applicable) c) the $250K AGI threshold for the IIT "FIlling" of tax brackets is a somewhat simplistic approach. It's better to model your overal...
by Carl53
Fri Jul 01, 2016 3:39 am
Forum: Personal Finance (Not Investing)
Topic: Do we have enough to retire?
Replies: 87
Views: 6648

Re: Do we have enough to retire?

A few thoughts on the original theme: 2) Understand where you are relative to Social Security, Medicare, etc. 30 years from now those may well look significantly different, but I think it pays to at least figure the baselines. It would be a shame to stop working a year before you would have enough ...
by Carl53
Sun Jun 26, 2016 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: American Express Preferred fee [Blue Cash Preferred fee raised]
Replies: 19
Views: 1693

Re: American Express Preferred feeble

The random "amex offers" are super valuable too it seems. Have you taken advantage of those offer as well. For example, I have a 10% off my cell phone bill (up to $30) right now through June 30th. I just prepaid $300 to my cell phone. Not bad. Just looked at my Amex offers and do not see ...
by Carl53
Sat Jun 11, 2016 6:10 pm
Forum: Personal Consumer Issues
Topic: why do the feds care if I prepay my credit card bill?
Replies: 24
Views: 3165

Re: why do the feds care if I prepay my credit card bill?

On several overseas trips I've paid ahead several thousand dollars on my PenFed credit card and even made additional payments when my actual expenses exceeded expectations. In some countries cash has been often preferred to credit and going to the ATM a few times without any cash advance fees is nice.
by Carl53
Mon Jun 06, 2016 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: After 30 yrs at Megacorp my IT job was surplussed...
Replies: 52
Views: 6613

Re: After 30 yrs at Megacorp my IT job was surplussed...

I get retiree medical and can either do a low deductible plan at $46 a month and $30 co-pays OR a high deductibable plan with $1300 deductible and no co-pays. Still figuring out which is best. Will have about $4K in my HSA by the time I 'retire'. Even though it feels weird it's been one heck of a r...
by Carl53
Mon Jun 06, 2016 12:31 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 518
Views: 47802

Re: What's Your Credit Card Rewards Strategy?

6) PenFed Platinum Rewards Visa Used for Over Seas Travel because it's a true chip and pin card with no foreign transaction charges No Fee No foreign transaction fees is accurate but it is a chip and signature card as I have been disappointed to have learned from trips to Australia, Honduras and Ch...
by Carl53
Fri Jun 03, 2016 7:42 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1052
Views: 170053

Re: What are you up YTD? [Year To Date]

I got 18.076 on my spreadsheet (not excel). I would not count on that being a regular occurrence, but good for you!
by Carl53
Fri Jun 03, 2016 7:26 am
Forum: Investing - Help with Personal Investments
Topic: Roth 401K and the 15% bracket
Replies: 10
Views: 1058

Re: Roth 401K and the 15% bracket

What do you see your taxable bracket be upon retiring and receiving pension, RMDs, SS etc? If the bracket is 15% then there will be little difference between taxable and pretax savings. If there is a chance that you will have some income at that time in a higher bracket, then I would encourage you t...
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: 2446

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: 987

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: 987

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: 4504

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: 2119

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: 2119

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: 2119

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: 3440

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: 2982

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: 2119

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: 2119

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: 1453

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: 260

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: 1221

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: 6499

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: 5140

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: 10309

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: 2132

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: 2132

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: 57
Views: 4022

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: 57
Views: 4022

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: 1105

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: 1105

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: 9296

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: 2053

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: 2053

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: 4566

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: 399

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: 11616

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: 2527

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: 909

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: 391

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: 648

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...

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