Search found 625 matches

by Gnirk
Mon Jul 24, 2017 1:16 am
Forum: Personal Consumer Issues
Topic: Verizon- Why do they treat old customers worse?
Replies: 43
Views: 4334

Re: Verizon- Why do they treat old customers worse?

How wonderful to have a choice of cable providers.....even if that choice is limited. We have one cable provider: Comcast. Or we can choose a service that includes installing lots of exterior cableing and a satellite dish. :annoyed
by Gnirk
Sun Jul 23, 2017 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: What's you safety deposit box fee?
Replies: 19
Views: 782

Re: What's you safety deposit box fee?

$37 per year for the medium sized box at my local Credit Union.
The small box was $17 per year, but the bigger box is so worth it to me.
As far as I know there is no minimum balance required in my checking account. There is a minimum balance required at all times in the savings account.
by Gnirk
Sun Jul 23, 2017 2:00 pm
Forum: Personal Consumer Issues
Topic: car rental at OGG, any opinions?
Replies: 30
Views: 1423

Re: car rental at OGG, any opinions?

Maui car rentals are always busy because so many flights arrive around the same time. I knew this, so when we arrived at OGG in June, I retrieved the luggage while my husband went directly to the rental car agency. We will do this at other large airports from now on. By the way, we alway rent cars t...
by Gnirk
Wed Jul 19, 2017 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Should we bird dog our probate lawyer?
Replies: 15
Views: 1964

Re: Should we bird dog our probate lawyer?

Personally, if I were the executor, I wouldn't sign off on anything until I have seen all the relevant documents. Did the executor sign the tax return before it was submitted?
by Gnirk
Tue Jul 18, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Recent article - Medicaid and other long- term care options
Replies: 6
Views: 636

Re: Recent article - Medicaid and other long- term care options

The possibility / probability of needing LTC is very real, and the financial hit can be in the hundreds of thousands. Personal experience: my mom suffered from dementia for 12 years, and was in a private care home for 8 of those years. The cost was less and the care far better in the private care ho...
by Gnirk
Fri Jul 14, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: How to keep Wife's Inheritance Separate
Replies: 11
Views: 1489

Re: How to keep Wife's Inheritance Separate

I live in Washington State, which is also a community property state. I have kept my inheritance separate from our joint finances, and have a tracking record of the inheritance. I have no need to set up a living trust because our probate laws are much less complex than California's. The Vanguard acc...
by Gnirk
Fri Jul 14, 2017 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 36
Views: 2528

Re: Finance Q for those that have gone through Divorce

If I were her, I would NOT go for your deal. Yes, she is receiving assets (houses), but they are also liabilities as far as maintenance and taxes are concerned. In addition to ongoing maintenance and taxes, if she sells the houses, she may very well owe capital gains taxes on one or both of them, as...
by Gnirk
Thu Jul 13, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Moving stepfather into long term care facility. Need advice.
Replies: 17
Views: 1812

Re: Moving stepfather into long term care facility. Need advice.

it's no fun being the person responsible for overseeing his care and finances, but it sounds like you are the one most capable, and he and your mom are fortunate to have you. I've been the financial and medical DPOA for my mom, who had Alzheimer's, so I know what it's like to be the responsible one....
by Gnirk
Sun Jul 09, 2017 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: Gift to son buy a condo in San Francisco. Co-ownership?
Replies: 55
Views: 4018

Re: Gift to son buy a condo in San Francisco. Co-ownership?

I think it's great to gift your son the money to buy a condo, providing he can afford the taxes and monthly homeowners dues and other fixed costs, including probable increases. My feelings are that if you can afford it, help your children while you are alive and they can really use the help, rather ...
by Gnirk
Wed Jul 05, 2017 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: Accounting for Dividends in Safe Withdrawal Rate
Replies: 42
Views: 2331

Re: Accounting for Dividends in Safe Withdrawal Rate

My DH and I prefer to use the tax-exempt interest from our tax-exempt bond funds as our withdrawals. Over 95% of my portfolio, and 90% of his portfolio, are in a taxable accounts. We are in the 25% bracket, and if we sell shares to meet our needs, we will pay capital gains on those shares.
by Gnirk
Sun Jul 02, 2017 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Need help progressing in life after a massive setback
Replies: 31
Views: 5155

Re: Need help progressing in life after a massive setback

A very similar thing happened to my then 40-year-old daughter five years ago (she had no prior episodes or history of bi-polar and it was a shock to all of us), so I understand what you are going through. She lost her dream job because of it. She has had to change her focus as far as careers go, and...
by Gnirk
Thu Jun 29, 2017 11:52 am
Forum: Investing - Theory, News & General
Topic: Vanguard upgraded my accounts - angry [Brokerage Services]
Replies: 110
Views: 11382

Re: Vanguard upgraded my accounts - angry

I am on the "old" platform, with a large taxable account, a small IRA, a brokerage account, and a small inherited IRA. I currently have the dividends and capital gains of two funds in the taxable account automatically invested into different funds. As others have said, I was told that this...
by Gnirk
Thu Jun 15, 2017 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Prices, expecting over listing?
Replies: 8
Views: 897

Re: Real Estate Prices, expecting over listing?

It's commonplace in the Greater Seattle Area right now for properties to sell for up to $100,000 over asking price. It has to do with the fact that there is little inventory, and an influx of high-tech, highly-paid people into the Seattle area right now. A 600 SF condo on a busy thoroughfare and no ...
by Gnirk
Sun Jun 04, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"
Replies: 35
Views: 5413

Re: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"

73 yo, retired about 10 years, no debt, very small pension (COLA'd) and SS (taken at 63). I have a 35/60/5 allocation which lets me sleep well at night. I will probably change to 30/65/5 within a few years. 90% of my investments are in taxable accounts, so bonds are muni funds and individual muni bo...
by Gnirk
Sat Jun 03, 2017 9:49 pm
Forum: Investing - Theory, News & General
Topic: Everything keeps going up, this feels too easy?
Replies: 113
Views: 9029

Re: Everything keeps going up, this feels too easy?

Being retired for about ten years (not long before the 2008 downturn), I get a little nervous when I watch this Bull market continue. But I'm comfortable with my AA at 35/60/5, even though my withdrawal is about 1%/year at this point.
by Gnirk
Fri May 26, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: When to start talking to older parents regarding their finances (and how to do it?)
Replies: 37
Views: 4004

Re: When to start talking to older parents regarding their finances (and how to do it?)

You could volunteer what you are doing. "We just set up our wills and POAs with an attorney, and chose Betty Jo as executor and brother Bob as guardian for the kids if necessary, I feel better now that is done. Anything I need to know about your plans?" And then accept that you may learn ...
by Gnirk
Sat May 20, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Taxes on Series EE bonds issued in 1987
Replies: 13
Views: 1021

Re: Taxes on Series EE bonds issued in 1987

I was in that same boat last year. CPA told me there is no way to defer taxes on them, so I paid the taxes on $27,000 worth of interest. And I was sorry they matured because of the nice interest rate in today's low interest environment.
by Gnirk
Fri May 19, 2017 9:37 am
Forum: Investing - Theory, News & General
Topic: When 60/40 just isn't appropriate
Replies: 182
Views: 27141

Re: When 60/40 just isn't appropriate

^@Gnirk. heck, I could careless about your assets, All I want to know is where to go to get out of the rain. We made a short trip to Phoenix-Sedona last weekend on an invited from DS who was on business trip in that area. We left PDX on a rainy-windy 50deg and arrived in PHX in 2 hours with +90deg....
by Gnirk
Fri May 19, 2017 12:04 am
Forum: Investing - Theory, News & General
Topic: When 60/40 just isn't appropriate
Replies: 182
Views: 27141

Re: When 60/40 just isn't appropriate

FWIW. Age- 73 Married, spouse 78 Second marriage of over 20 years, separate finances. Retired for 10 years. Took SS @ 63 MY Stock/Bond allocation- 35/65 Why? This lets me sleep well at night. Average SS I have a small Pension, less than SS. I have a small TIRA. MY withdrawal rate from taxable accoun...
by Gnirk
Sun May 14, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: How Old Habits Can Sabotage Retirement
Replies: 51
Views: 7544

Re: How Old Habits Can Sabotage Retirement

It's ok with me if some people would rather let their pile of money grow than spend it. If having it gives you more comfort than spending it, that's fine with me. Fiscal diversity and all that. As long as your spending habits don't cause problems for your family and friends I'm not sure you are &qu...
by Gnirk
Thu Apr 27, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Thrivent Financial
Replies: 12
Views: 936

Re: Thrivent Financial

prudent wrote:I Although there's a perfect excuse to avoid this awkward situation - your daughter ought to say she does not do business with friends, period.


Excellent Advice. From someone who learned the hard way. :oops:
by Gnirk
Thu Apr 27, 2017 2:21 am
Forum: Personal Finance (Not Investing)
Topic: EE savings bond complications (owned by parent with dementia, paper, no beneficiary)
Replies: 9
Views: 1112

Re: EE savings bond complications (owned by parent with dementia, paper, no beneficiary)

My father has mid-stage dementia. I am the trustee of his revocable living trust and have his POA. I've noticed some potential complications with some 1994 EE savings bonds he owns and am wondering if anyone has any real-world experience with these issues. 3. Has anyone dealt with redeeming a *pape...
by Gnirk
Wed Apr 26, 2017 7:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 108
Views: 11424

Re: Vanguard has switched to brokerage only accounts

We have both the regular and brokerage account (holds individual munis and a few legacy stocks) and we received three "corrected" brokerage statements for the brokerage account, one in early March, one in late March, and one in early April, after we had filed our tax return. I'm not moving...
by Gnirk
Mon Apr 24, 2017 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 81
Views: 8831

Re: Helping adult children

I have helped each of my adult children at different times, for (very good) different reasons. And I have always gifted the other one with an equal amount during the same time period to keep it fair.
by Gnirk
Mon Apr 24, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Can Power of Attorney override POD designations?
Replies: 12
Views: 1614

Re: Can Power of Attorney override POD designations?

Our Durable Powers of Attorney state specifically that the DPOAs cannot change any estate plans. A POD or other beneficiary designations would, I believe, be part of an estate plan and they would be unable to change them. Otherwise they have the same powers that we would have.
by Gnirk
Wed Apr 19, 2017 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Munis and effect of pension funds on them and risks for portfolio
Replies: 18
Views: 1320

Re: Munis and effect of pension funds on them and risks for portfolio

I, too, inherited Munis from my mother. They are all highly rated and pay 5% tax and AMT exempt. I use the interest for spending as I need it instead of selling my mutual funds. I hate to see them mature. As they mature, I invest the proceeds in Vanguard Intermediate Term Tax Exempt fund. I would li...
by Gnirk
Sun Apr 02, 2017 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Sleep well or not ? [Vanguard Intermediate-Term Tax-Exempt]
Replies: 45
Views: 6911

Re: Sleep well or not ? [Vanguard Intermediate-Term Tax-Exempt]

Retired for ten years, and DH and I have this fund in our taxable accounts; our tax advantaged accounts are small, just 10% of our total portfolios. So bonds in taxable need to be tax exempt. Nearly all of my bond allocation (65%) is in TE funds. We also have some high quality individual muni bonds ...
by Gnirk
Sat Apr 01, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: which state is better to die in / do probate in?
Replies: 17
Views: 1469

Re: which state is better to die in / do probate in?

Each state is different as far as probate goes. For example, probate is fairly simple and inexpensive in Washington, but expensive in California. We have a California snowbird home in a living trust for that reason.However, Washington has an estate tax, and I don't believe California does. So it all...
by Gnirk
Fri Mar 31, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: anyone factor in future inheritance?
Replies: 78
Views: 5252

Re: anyone factor in future inheritance?

I received an inheritance, but it was never part of my planning. But I know my stepchildren are planning their lives around the substantial inheritance they will receive from my husband. And in fact, have hinted they'd like part of it now. He shared the amount of his assets with them. Second marriag...
by Gnirk
Thu Mar 30, 2017 1:13 am
Forum: Investing - Help with Personal Investments
Topic: starting a roth IRA with Ameriprise
Replies: 11
Views: 817

Re: starting a roth IRA with Ameriprise

I wouldn't invest money with Ameriprise. I did 25 years ago because the financial advisor was a friend. BIG MISTAKE!!! This was long before I learned anything about investing, or found this forum. Their fees are high, most of their mutual funds have either a front- end load or a back end load, and c...
by Gnirk
Wed Mar 29, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Mother's Identity Stolen? Need help with next steps!
Replies: 6
Views: 625

Re: Mother's Identity Stolen? Need help with next steps!

How awful! I hope you can get to the bottom of this soon. I think for anyone dealing with a cognitively impaired person that you should place a credit freeze, if at all possible. I was so afraid that mom's identity would be stolen when she had cognitive impairment (not yet Alzheimer's) that I placed...
by Gnirk
Tue Mar 28, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter maxed out credit cards, needs help from me
Replies: 92
Views: 5468

Re: Daughter maxed out credit cards, needs help from me

This sounds familiar! When my daughter was 23, about a year out of college, and making minimum wage in Seattle because she couldn't find a job in her field, she was in the same boat. She was supporting herself, and I lived 65 miles away, so living at home wasn't an option . My first thought was to t...
by Gnirk
Tue Mar 28, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Non-traded REIT - Analyzing how horrible, and trying to get out
Replies: 30
Views: 2629

Re: Non-traded REIT - Analyzing how horrible, and trying to get out

Did the FA work for a larger firm or was he solo? If your grandmother was cognitively impaired, he was obviously taking advantage of that. Report him to his firm's compliance division. Those were most likely not appropriate investments for her situation.
by Gnirk
Sun Mar 26, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: how to pay for mother's dementia care...retirement accts versus other investments
Replies: 12
Views: 1374

Re: how to pay for mother's dementia care...retirement accts versus other investments

When we were faced with the uncomfortable and very difficult decision to find memory care for my widowed mother, I met with a geriatric consultant who evaluated my mom. He suggested that a large memory care facility wasn't the right fit for her, and a small care home which specialized in Alzheimer's...
by Gnirk
Sat Mar 25, 2017 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Travel insurance
Replies: 7
Views: 741

Re: Travel insurance

I've used Tripinsurancestore.com. As previously mentioned, you can call and talk to them if you wish. I would at least get the medical and medical evacuation insurance. You can compare policies/ coverages on the website.
by Gnirk
Fri Mar 24, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Divesting to heirs. When and how quickly.
Replies: 45
Views: 4681

Re: Divesting to heirs. When and how quickly.

My late mother gifted the maximum allowed without triggering a gift tax return, to each of her adult grandchildren for 8 years, with the understanding that they would spend 10%, fully fund a Roth IRA, and put the remainder into an emergency fund or offset increased 401K contribution depending upon t...
by Gnirk
Sun Mar 19, 2017 10:34 pm
Forum: Personal Consumer Issues
Topic: carpet beetles (varied carpet beetle)
Replies: 16
Views: 1786

Re: carpet beetles (varied carpet beetle)

I would love to know if an exterminator can get rid of them. We've had them in our house almost since it was built. It seems they had been in the rental my husband lived in while the current house was being built, and hitchiked in some of his clothes. They eat just about any kind of fabric, but espe...
by Gnirk
Sat Mar 18, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: rewriting will
Replies: 17
Views: 1327

Re: rewriting will

A daughter is a daughter all her life, a son is a son until he gets a wife. Dan999 Sad, but often true. I've seen that countless times, even within our own families. And it's not because the sons' families haven't been welcoming. Using the threat of unequal inheritance won't help the situation, IMH...
by Gnirk
Fri Mar 10, 2017 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance from trust as a trustee
Replies: 2
Views: 294

Re: Inheritance from trust as a trustee

Yes. i was trustee and beneficiary of my mother's living trust, and received stepped-up basis.
by Gnirk
Fri Mar 10, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Total Annual Expenses
Replies: 57
Views: 4546

Re: Total Annual Expenses

Our total expenditures in 2016 were $115,000 not including income taxes. We are retired, no debt. We have expenses for our primary residence, and our snowbird home. We enjoy travel, DH golfs, and we are helping to pay for granddaughter's college education at a private university ( though 2/3 is cove...
by Gnirk
Sat Mar 04, 2017 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!
Replies: 68
Views: 8452

Re: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!

Wow...no taxes with $100,000 income! Sounds great, but not something I can figure out. Retired couple with his and hers SS, a small pension, RMDs from our T-IRAs, and no debt, no mortgage, no dependents, and not enough deductions to itemize. Oh, well. Some of us will just have to pay taxes, so we ca...
by Gnirk
Tue Feb 28, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Financial implications of paying for elderly mother' care facility
Replies: 6
Views: 855

Re: Financial implications of paying for elderly mother' care facility

You may be able to claim her as a dependent. Also, some or all of the cost of board and care may be considered Long Term Care, and can be deducted as a medical expense. Check with a good CPA.
by Gnirk
Fri Feb 24, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Selling inherited stocks question, cost basis??
Replies: 10
Views: 879

Re: Selling inherited stocks question, cost basis??

The funds/ stocks I inherited from my mother show the cost basis as the value on the date of her death, not the date they were transferred to my name.
by Gnirk
Fri Feb 17, 2017 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: What Do You Keep In Your Bank Safe Deposit Box?
Replies: 66
Views: 8109

Re: What Do You Keep In Your Bank Safe Deposit Box?

Fine jewelry, deed to cemetery plots, paper EE and I bonds. DH keeps auto titles, our wills, and other papers in safe at home.
by Gnirk
Fri Feb 10, 2017 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Payment Method for Private Used Car Sale
Replies: 43
Views: 2730

Re: Payment Method for Private Used Car Sale

When my DH bought a used car from a private party, he met the seller at the seller's bank. My D H paid by check, and the seller had his bank call our bank and verify funds.
by Gnirk
Fri Feb 10, 2017 8:47 pm
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 17996

Re: Why do you go to restaurants?

cheese_breath wrote:So someone else can do the cooking and after dinner cleanup.

:thumbsup :thumbsup :thumbsup
by Gnirk
Sun Feb 05, 2017 1:46 am
Forum: Personal Finance (Not Investing)
Topic: Banking ATM card with no international ATM fees and foreign exchange fees
Replies: 15
Views: 1382

Re: Banking ATM card with no international ATM fees and foreign exchange fees

I opened a CapitalOne 360 on-line checking account before my trip to France last fall. No ATM charges (I used BNP Paribas ATMs in Paris and Avignon). I was relieved to see the ATM display change from French to English after I inserted my card. No foreign transaction fees. I just transferred more tha...
by Gnirk
Wed Feb 01, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Spendthrift Daughter
Replies: 44
Views: 3895

Re: Spendthrift Daughter

I understand your concerns, as a dear friend has a spendthrift daughter as well. She leaves 50% of her estate to child 1, who is very good at handling money. She leaves 30% of her estate to the spendthrift child inside a spendthrift trust where she receives only the income from the trust, and she le...
by Gnirk
Tue Jan 31, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Small stock holding at ComputerShare
Replies: 12
Views: 1206

Re: Small stock holding at ComputerShare

I transferred several small (less than 100 shares each) holdings from Computershare to Vanguard last year. No cost.
by Gnirk
Mon Jan 30, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my MIL figure out her holdings (Success! at least mostly)
Replies: 47
Views: 4550

Re: Helping my MIL figure out her holdings (no idea where)

AT&T, Alcatel, and Lucent are all essentially the same thing since they have been bought, sold, divested, merged, acquired, split over the years. So it sounds legit and what someone who owned Ma Bell shares a long time ago might end up with today. Yes, Ma Bell spun off into the baby Bells, some...

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