Search found 811 matches

by Crow Hunter
Tue Mar 28, 2017 8:54 pm
Forum: Investing - Theory, News & General
Topic: Spousal Inherited IRA Question (Great Alan S. Question) :)
Replies: 3
Views: 604

Re: Spousal Inherited IRA Question (Great Alan S. Question) :)

Thank you Mr. Alan S.! I greatly appreciate your response. What if they did take the required RMD the year prior (or several years prior), but did not take the RMD prior to passing away in the current year? For instance, Jill passed away 10 years earlier leaving her IRA to her husband Jack. In 2016 ...
by Crow Hunter
Mon Mar 27, 2017 9:04 pm
Forum: Investing - Theory, News & General
Topic: Spousal Inherited IRA Question (Great Alan S. Question) :)
Replies: 3
Views: 604

Re: Spousal Inherited IRA Question (Great Alan S. Question) :)

Just a bump. I believe from reading posts on Ed Slott's forum that the IRA will default to ownership of the recently deceased spouse and his/her bene(s) would use their own ages on Table 1 as Non-spouse Beneficiaries rather than using the recently deceased spouse's divisor as successor beneficiaries...
by Crow Hunter
Sun Mar 26, 2017 11:22 pm
Forum: Investing - Theory, News & General
Topic: Spousal Inherited IRA Question (Great Alan S. Question) :)
Replies: 3
Views: 604

Spousal Inherited IRA Question (Great Alan S. Question) :)

The rules for a spousal IRA state that if the spousal beneficiary does not choose to roll over or assume ownership of a deceased spouses IRA that they must begin taking RMDs for the IRA in the year the deceased spouse would have turned 70.5 from Table 1 using their own age. However, the rules also s...
by Crow Hunter
Tue Mar 14, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Filing Tennessee Taxes
Replies: 7
Views: 385

Re: Filing Tennessee Taxes

One thing that I didn't see mentioned is that while capital gains are not taxed, capital gains distributions from taxable mutual funds are. So if you have a fund in a taxable account that paid out a capital gains distribution in 2016, that has to be counted as well as the dividends.
by Crow Hunter
Sun Mar 12, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Re: Forced role change, what would you do?

I am close to, if not the highest paid engineer in the facility as I have been repeatedly told that I am bumping up against the compensation ceiling of my current role. Could this be a method of constructive dismissal so they could use my salary to hire two engineers straight out of college? Yes, i...
by Crow Hunter
Sun Mar 12, 2017 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Re: Forced role change, what would you do?

I wish you would take a more positive view of other workers. Some may not have the same IQ as you but to view them as morons with IQs of 75 is not nice. Maybe management would not be good for you and you should be in R&D as an individual contributor. Please understand that I am not saying this ...
by Crow Hunter
Sun Mar 12, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Re: Forced role change, what would you do?

I wish you would take a more positive view of other workers. Some may not have the same IQ as you but to view them as morons with IQs of 75 is not nice. Maybe management would not be good for you and you should be in R&D as an individual contributor. Please understand that I am not saying this ...
by Crow Hunter
Sun Mar 12, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Re: Forced role change, what would you do?

All I can add is what I did in a similar situation in a completely different field. I presented my argument against the change all the way to the top. When I was told that the change was non-negotiable, I tendered my resignation the next day. I knew that I would be miserable every day with my chang...
by Crow Hunter
Sun Mar 12, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Re: Forced role change, what would you do?

SNIP Finally - there is probably a good life lesson here regarding personal finances. Ultimately most employers will make decisions based on THEIR best interests, not yours. No amount of strong performance FROM ANYONE will change that. Sad but true. Since you can't really rely on an employer to con...
by Crow Hunter
Sun Mar 12, 2017 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Re: Forced role change, what would you do?

I learned in business school that your job belongs to the employer, not to you, and an employer does not exist for your amusement. You are put where you are needed and if you are lucky and work at it, it will not be so bad. Anyway it is too soon to quit. You can always leave if it does not work out...
by Crow Hunter
Sun Mar 12, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Re: Forced role change, what would you do?

Is it possible that they are grooming you in different aspects of the company's operations - given that you seemed to have excelled in the R&D role? Maybe they want you to get your "feet wet" in manufacturing, and then may be in corporate a few years later - to position you for senior...
by Crow Hunter
Sun Mar 12, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Re: Forced role change, what would you do?

It sounds to me not so much as if they are trying to get rid of you, but that they really do need someone to fill a role and you are the only one there who can do it. The problem is that they don't value employees enough in general to consider whether or not you want to do it. It doesn't seem perso...
by Crow Hunter
Sun Mar 12, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Re: Forced role change, what would you do?

Well, I just got the news that I am being moved out of my R&D role, that I greatly enjoy, into a Manufacturing Engineering role which I loathe. ... I am the only one with any experience in high volume manufacturing and all the Mfg Engs in the plant are right out of school with no experience wor...
by Crow Hunter
Sun Mar 12, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Re: Forced role change, what would you do?

When I've found myself thinking about leaving I quickly realized I already had two feet out the door and from your tone it seems like you're close. I'd start my job search now and find out what the possibilities are. From my career experience I haven't seen too many managers promoted to director in...
by Crow Hunter
Sun Mar 12, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Re: Forced role change, what would you do?

to truly understand the decisions that are made by employers, you have to look at what is best and easiest for the employer to maintain their business in the priorities they have, with minimal fuss. If that means changing your role, then that is what they owe to their owners or shareholders, if the...
by Crow Hunter
Sun Mar 12, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Re: Forced role change, what would you do?

I didn't read your whole set of words because I could see it was a rant. What would I do? I would do what I did: I would train someone to do my new job and go back to what I was doing. At my former employer, many of the people who worked for me got promoted into new roles. I got back to the skunk w...
by Crow Hunter
Sun Mar 12, 2017 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Forced role change, what would you do?
Replies: 38
Views: 2697

Forced role change, what would you do?

Well, I just got the news that I am being moved out of my R&D role, that I greatly enjoy, into a Manufacturing Engineering role which I loathe. I am being told that because we have done such a great job in improving designs to our products the big problems in the facility are related to assembly...
by Crow Hunter
Sat Jan 07, 2017 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 58
Views: 4268

Re: Anybody else Age - 10 in bonds, rest in stocks

I follow this rule. Every year on my birthday I bump my asset allocation in my Excel spreadsheet for bonds by one percent which drives all the rest of the formulas. I add throughout the year based on whatever is below target. If something gets out of whack by more than 5%, I rebalance. It isn't opti...
by Crow Hunter
Fri Jan 06, 2017 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: 500K milestone celebration
Replies: 74
Views: 7457

Re: 500K milestone celebration

Congratulations!!!

:sharebeer

ONWARD AND UPWARDS!!!

:moneybag
by Crow Hunter
Fri Jan 06, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help for my brother
Replies: 1
Views: 320

Portfolio Help for my brother

Emergency funds: Yes (I think around $20k in savings account) Debt: No debt, paid for house Tax Filing Status: Single Tax Rate: 15% Federal 5% State on Dividends (Hall Income Tax) State of Residence: TN Age: 39 Desired Asset allocation: Not sure but I think it should be Age-10 Desired International ...
by Crow Hunter
Fri Jan 06, 2017 5:24 pm
Forum: Investing - Theory, News & General
Topic: I am timing the market. Why am I wrong?
Replies: 89
Views: 6232

Re: I am timing the market. Why am I wrong?

A few notes based on the responses: I meant Q3 2015 was when I started my subscriptions, not 2016. That was a mistake. WRT the actual content of those publications, it took a little bit but I found a lot of self promotion and blatant dishonesty in some of the articles (not just in the editorial sec...
by Crow Hunter
Tue Dec 27, 2016 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Need estate advice - promissory note?
Replies: 12
Views: 1087

Re: Need estate advice - promissory note?

How much money are we talking about? What is the relationship with the other person? How reliable is the other person? How much do you like the other person? I am in a very similar situation and I can give you my perspective. My brother and I inherited our family home together worth ~$120k probably....
by Crow Hunter
Tue Dec 27, 2016 1:29 pm
Forum: Investing - Theory, News & General
Topic: Remember what it was like before the recession?
Replies: 81
Views: 8830

Re: Remember what it was like before the recession?

I had left my very high stress on the edge of shutting down/being sold automotive industry job and went to work in the extremely lucrative and booming very high end construction industry. I was also at a 100% stocks allocation and 50% International. :oops: I sold my first house and made a nice (for ...
by Crow Hunter
Wed Oct 26, 2016 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Probate Frustrations: Father's Penny Stock
Replies: 14
Views: 2018

Re: Probate Frustrations: Father's Penny Stock

Let me ask the question to you this way. What if this penny stock was valued at $1.7M at the time of death but was now worth $3.4M. Would you be doubling their allotment to $320,000 or would you be expecting them to follow the rules? The rules are there for a reason, specifically for instances like ...
by Crow Hunter
Fri Aug 12, 2016 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Edward Jones did not withhold Inherited IRA taxes
Replies: 5
Views: 451

Re: Edward Jones did not withhold Inherited IRA taxes

Do I have any recourse? Not a tax guy but...probably not. Paying taxes us an individual responsibility. What taxes are due? RMD? Yes, it was taxes on the RMD. He had to take a ~$9,000 RMD but they didn't take anything out for taxes. Which is annoying since they were told specifically to take out 25...
by Crow Hunter
Fri Aug 12, 2016 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Edward Jones did not withhold Inherited IRA taxes
Replies: 5
Views: 451

Edward Jones did not withhold Inherited IRA taxes

In helping my brother with his taxes, I have found where Edward Jones did not withhold taxes as they were requested to on one of my brother's inherited IRAs. I have the email where I told them to withhold taxes on both of them but they did not. They only withheld taxes on one of them. Do I have any ...
by Crow Hunter
Fri Aug 12, 2016 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Capital loss on a house
Replies: 1
Views: 407

Capital loss on a house

This is a complicated one, and I think I know the answer, but I thought I would run it by the B.org to see what the consensus was. My brother purchased a house right at 3 years ago, right after being arrested for a crime... :oops: Anyway, after he purchased the house, he and his wife separated and a...
by Crow Hunter
Mon Jun 27, 2016 2:47 pm
Forum: Personal Consumer Issues
Topic: Looking to purchase a SXS/UTV
Replies: 6
Views: 566

Looking to purchase a SXS/UTV

I have decided to get rid of my and my wife's ATVs and get a SXS for us instead. One less vehicle to insure, take care of and when we ride together, we won't have to use hand signals or stop to talk about something. I have narrowed it down to two different choices and I was wondering if anyone here ...
by Crow Hunter
Fri Jun 24, 2016 12:45 pm
Forum: Investing - Theory, News & General
Topic: International stocks in free fall
Replies: 118
Views: 11827

Re: International stocks in free fall

Although this is indisputably a big down day for international stocks, especially Europe, if we step back a bit, basically it's just giving up gains in recent months. I did some tax-loss harvesting and rebalancing back to target in Europe and Pacific funds in February of this year. Before today I w...
by Crow Hunter
Fri Jun 24, 2016 11:58 am
Forum: Investing - Theory, News & General
Topic: International stocks in free fall
Replies: 118
Views: 11827

Re: International stocks in free fall

Great day to buy. Net down over the last couple days is actually not much. This ^. Heck, VXUS is barely lower right now ($43.12) than it was when they it paid June's dividend, $43.29 if I am reading this chart right. Just recently, it was $39.73 on Feb 11th. Counter to "blood in the streets&qu...
by Crow Hunter
Mon Jun 20, 2016 1:07 pm
Forum: Investing - Theory, News & General
Topic: Reinvesting dividends question
Replies: 6
Views: 739

Re: Reinvesting dividends question

I'd say dividends (distributions) are to be used to make sure your asset allocation stays the way you want it to be. Since international funds dropped about 6% recently AND paid out about 1.2 to 1.5% in dividends, if you were in balance at the beginning of June, then you would be underweighted last...
by Crow Hunter
Mon Jun 20, 2016 11:16 am
Forum: Investing - Theory, News & General
Topic: Reinvesting dividends question
Replies: 6
Views: 739

Reinvesting dividends question

This is going to be an odd question but hey, I am an odd person. ;) My IPS calls for me to invest $1,775/month into VTIAX in my taxable account. In June, I received more than that amount in dividends. Since dividends are actually a partial liquidation of some of the value of those holdings, I was le...
by Crow Hunter
Tue May 31, 2016 11:57 am
Forum: Personal Consumer Issues
Topic: Birds building nest on exterior house wall
Replies: 30
Views: 1746

Re: Birds building nest on exterior house wall

I actually liked having the birds there except for the poop. They tolerated us being around and would only twitter at us at most. But when someone other than us came to the house, they would dive bomb them and pull hair. Worked great for keeping annoying strangers from coming to the house. People we...
by Crow Hunter
Tue May 31, 2016 11:48 am
Forum: Personal Consumer Issues
Topic: Birds building nest on exterior house wall
Replies: 30
Views: 1746

Re: Birds building nest on exterior house wall

Our house has a pretty high (25 ft) covered entryway with a window above the entry door. The window has a small ledge around the top of it where birds seem to make an annual nest. We had someone climb up there a few years ago and hang an owl but the birds decided that they didn't mind it and starte...
by Crow Hunter
Fri May 20, 2016 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Letter from IRS (I think they are wrong)
Replies: 24
Views: 4548

Re: Letter from IRS (I think they are wrong)

Additional follow up. They did it again for my 2015 taxes. :shock: :x Seriously. Two years in a row they send me a note telling me that I didn't fill out the Qualified Dividends and Capital Gains worksheet correctly for line 44 and they are adjusting my refund giving me more money back.... :confused...
by Crow Hunter
Thu May 05, 2016 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: I'm now debt free and...
Replies: 37
Views: 5423

Re: I'm now debt free and...

it's quite intoxicating. I'm more of a numbers guy and since my net worth didn't change, I didn't expect it would feel this nice and it's already affecting how I live my life. Anyone else have a similar surprise? Feels pretty weird, doesn't it? Wait until the end of the month when it comes time to ...
by Crow Hunter
Thu May 05, 2016 9:05 am
Forum: Investing - Theory, News & General
Topic: How do you maintain/grow your bond allocation?
Replies: 2
Views: 493

How do you maintain/grow your bond allocation?

Currently, I am putting pretty much all of my 401k contribution towards bonds to maintain my allocation. I am wondering if it would be a more efficient use of the funds to just allocate all my 401k money towards by S&P 500 and completion index and once I hit my tolerance band (+/-5%) rebalance i...
by Crow Hunter
Mon Apr 18, 2016 11:55 am
Forum: Personal Finance (Not Investing)
Topic: How Did You File Your Income Taxes for 2015?
Replies: 101
Views: 6591

Re: How Did You File Your Income Taxes for 2015?

Pen on paper using a HP48GX calculator, same with state taxes. Ordered forms in duplicate from the IRS, filled out in pencil on my copies and filled out the IRS's copies in black ink and mailed it in via USPS. Waiting expectantly for the IRS letter to tell me that I did it wrong and try to give me a...
by Crow Hunter
Mon Apr 18, 2016 8:46 am
Forum: Personal Consumer Issues
Topic: Security features of a good front door
Replies: 34
Views: 3126

Re: Security features of a good front door

While hardening your door without other security measures will probably not be beneficial, there are some things that you should look for if you are going to get a new front door and want improved security features. Get a IZ rated door (Impact Zone rated) All the quality door manufacturers will offe...
by Crow Hunter
Fri Apr 15, 2016 7:31 am
Forum: Personal Finance (Not Investing)
Topic: I don't have anyone else to brag about this to [debt free]
Replies: 77
Views: 9148

Re: I don't have anyone else to brag about this to [debt free]

Good job. Here's a little advise from somebody who knows. Use some credit even if petty. Didn't use mine for 10 years and apparently that's a bad thing to creditors. You do have every right to be proud. Thank you. We use reward card credit cards for pretty much everything we can that doesn't charge...
by Crow Hunter
Fri Apr 15, 2016 7:30 am
Forum: Personal Finance (Not Investing)
Topic: I don't have anyone else to brag about this to [debt free]
Replies: 77
Views: 9148

Re: I don't have anyone else to brag about this to [debt free]

Congrats!!! I think I know one of your secrets - the "no kids" part :) It helps, although the amount we spent earlier on fertility treatments would have gone a long way to paying kids expenses if we had saved it instead. That is actually one of the secrets that I would prefer it was one w...
by Crow Hunter
Fri Apr 15, 2016 7:18 am
Forum: Personal Finance (Not Investing)
Topic: I don't have anyone else to brag about this to [debt free]
Replies: 77
Views: 9148

Re: I don't have anyone else to brag about this to

If the mods want to delete, they can but I just had to brag to someone and I can't really do it in my circle of friends and I really don't have any family left to brag to, so here it goes. As of COB on last Friday, I am completely debt free. Completely. As long as we're bragging, let me share a bit...
by Crow Hunter
Wed Apr 06, 2016 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Firecalc, really?
Replies: 58
Views: 7608

Re: Firecalc, really?

To further validate that $45k figure, I'd ask Crow Hunter what his gross income and savings rate look like the past few years. If you gross $75k, put $25k a year into retirement savings, and pay FICA of $5700 a year, then yes you're getting along on $44,000 a year net. This is a Top Down approach, ...
by Crow Hunter
Wed Apr 06, 2016 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Firecalc, really?
Replies: 58
Views: 7608

Re: Firecalc, really?

To further validate that $45k figure, I'd ask Crow Hunter what his gross income and savings rate look like the past few years. If you gross $75k, put $25k a year into retirement savings, and pay FICA of $5700 a year, then yes you're getting along on $44,000 a year net. This is a Top Down approach, ...
by Crow Hunter
Wed Apr 06, 2016 11:31 am
Forum: Forum Issues and Administration
Topic: Where is sscritic?
Replies: 17
Views: 3372

Re: Where is sscritic?

He is probably too busy watching Chinese soap operas to post. :D

ETA:

Although if you post something really dumb, sometimes he will interrupt his day to help. :mrgreen:
by Crow Hunter
Wed Apr 06, 2016 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Firecalc, really?
Replies: 58
Views: 7608

Re: Firecalc, really?

Hikes_With_Dogs wrote:
livesoft wrote:Yes, really. Start a mustache blog and you will be even more golden.


LOL!!!! :twisted:


How about Mr. Greenback Goatee.

:twisted: :mrgreen:
by Crow Hunter
Wed Apr 06, 2016 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Firecalc, really?
Replies: 58
Views: 7608

Re: Firecalc, really?

You do realize that $45k is only 3% of $1.5m. Sounds like you can retire now if you like. This is bogleheads. Any SWR over 2% is considered very aggressive by half the board. And that is after ignoring things like SS and the value of the real estate they own. Hey! I resemble that remark. :D ETA: I ...
by Crow Hunter
Wed Apr 06, 2016 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Firecalc, really?
Replies: 58
Views: 7608

Re: Firecalc, really?

Two comments: 1)With firecalc, et al, it's interesting to do a sensitivity analysis. What happens if your expenses go up by $5K or $10K? Over a long period, small changes like that can make a huge difference in outcome. That's worth thinking about. What if you need an expensive uncovered prescripti...
by Crow Hunter
Wed Apr 06, 2016 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Firecalc, really?
Replies: 58
Views: 7608

Re: Firecalc, really?

And bottom line, Firecalc is very nice but its projections should be taken with a grain of salt. Past performance is no guarantee of future returns, and the 4% "safe" withdrawl rate may not hold over your 50-60 years of retirement if you were to retire soon. I agree 100% that projections ...
by Crow Hunter
Wed Apr 06, 2016 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Firecalc, really?
Replies: 58
Views: 7608

Re: Firecalc, really?

If you are currently working your healthcare costs might be paid for by your employer. Make sure you are adding self-paid health insurance (and deductible) into your projected expenses. That is the variable cost that scares me the most for retirement planning. That isn't something that would be inc...

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