Search found 231 matches

by Prudence
Sun Sep 24, 2017 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 79
Views: 7285

Re: Help?! My 70 year old father is 100% invested in equities

I think your Dad is 100% correct. I especially agree with his conclusions about bonds. I am 70 and in a similar situation as he is. I can't tolerate risk the way he can but I wish I could. If he can sleep at night, and obviously he can, then 100% equities is the wisest allocation for him.
by Prudence
Sun Sep 24, 2017 8:41 pm
Forum: Personal Consumer Issues
Topic: TENS [Transcutaneous Electrical Nerve Stimulation]
Replies: 2
Views: 422

TENS [Transcutaneous Electrical Nerve Stimulation]

My neighbor recommended that I try this muscle stimulator to help my sore neck and thigh (hammy). She said it helped her. Do any of you have experience with it?
by Prudence
Thu Aug 10, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: What is an appropriate lower risk asset allocation once one has "won the game"
Replies: 50
Views: 6215

Re: What is an appropriate lower risk asset allocation once one has "won the game"

When the members of this post suggests TIPS, do they mean TIPS funds or ETF or buying real TIPS from the government? Thanks Paul Most folks on this forum probably buy the TIPS bonds from the Treasury and hold them until maturity so they can avoid exposure to annual taxes and/or loss of principal va...
by Prudence
Thu Aug 10, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: What is an appropriate lower risk asset allocation once one has "won the game"
Replies: 50
Views: 6215

Re: What is an appropriate lower risk asset allocation once one has "won the game"

When the members of this post suggests TIPS, do they mean TIPS funds or ETF or buying real TIPS from the government? Thanks Paul Most folks on this forum probably buy the TIPS bonds from the Treasury and hold them until maturity so they can avoid exposure to annual taxes and/or loss of principal va...
by Prudence
Mon Aug 07, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: What criteria warrants a need for Living Revocable Trust?
Replies: 39
Views: 3562

Re: What criteria warrants a need for Living Revocable Trust?

But isn't there still the need for a "pour-over" will (seem to recall that being the term)? So isn't there still probate for any items left in the estate that were never entered into the living trust? If you use something like the NOLO press book to draft your own living trust, you'll probably also...
by Prudence
Wed Jul 26, 2017 3:33 pm
Forum: Personal Consumer Issues
Topic: Medical Coverage Outside US
Replies: 45
Views: 3352

Re: Medical Coverage Outside US

+1 for https://www.geobluetravelinsurance.com/ Also, read the fine details on whether policy is primary or secondary or will reimburse you or pays up front ... GeoBlue pays directly to provider for services/hospital where possible. Ok I read the fine print and called GeoBlue. If I choose their Choi...
by Prudence
Wed Jul 26, 2017 11:28 am
Forum: Personal Consumer Issues
Topic: Medical Coverage Outside US
Replies: 45
Views: 3352

Re: Medical Coverage Outside US

+1 for https://www.geobluetravelinsurance.com/ Also, read the fine details on whether policy is primary or secondary or will reimburse you or pays up front ... GeoBlue pays directly to provider for services/hospital where possible. Ok I read the fine print and called GeoBlue. If I choose their Choi...
by Prudence
Sun Jul 23, 2017 1:57 pm
Forum: Personal Consumer Issues
Topic: Medical Coverage Outside US
Replies: 45
Views: 3352

Re: Medical Coverage Outside US

An acquaintence (on Medicare, US, Kaiser Medicare) was traveling in Canada last year (Privince of Quebec) and was injured (pedestrian - hot by car). I don;t know all the details, but he was very, very happy with the care he received in Canada. Dear dm200: how did your acquaintance pay for the care ...
by Prudence
Thu Jul 20, 2017 2:26 pm
Forum: Personal Consumer Issues
Topic: Medical Coverage Outside US
Replies: 45
Views: 3352

Re: Medical Coverage Outside US

adamthesmythe wrote:SOME Medicare supplement plans provide partial coverage outside the US. Personally I feel very comfortable not buying additional insurance when I am traveling to western Europe. I would feel even less concerned going to Canada.
Adam, why would you feel comfortable in Canada?
by Prudence
Thu Jul 20, 2017 9:32 am
Forum: Personal Consumer Issues
Topic: Medical Coverage Outside US
Replies: 45
Views: 3352

Re: Medical Coverage Outside US

Wife and I are going to Canada on July 29th. We have Medicare Part A and B, Supplement Plan F and Medicare Part D. What do we do if we get sick and need treatment and prescription drugs while in Canada? Do we pay for it and get reimbursed later? Or do we just show proof of coverage and they file cl...
by Prudence
Wed Jul 19, 2017 9:45 pm
Forum: Personal Consumer Issues
Topic: Medical Coverage Outside US
Replies: 45
Views: 3352

Medical Coverage Outside US

Wife and I are going to Canada on July 29th. We have Medicare Part A and B, Supplement Plan F and Medicare Part D. What do we do if we get sick and need treatment and prescription drugs while in Canada? Do we pay for it and get reimbursed later? Or do we just show proof of coverage and they file cla...
by Prudence
Tue Jul 18, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Claim SIL as Dependent
Replies: 7
Views: 1168

Claim SIL as Dependent

I just completed the IRS online tool to determine if my SIL can be claimed as a dependent. My wife and I file a joint return and we live in Maryland. SIL is age 67. In our situation, it appears that we need to provide at least half of SIL's support to claim her as a dependent. SIL receives more than...
by Prudence
Tue Jul 11, 2017 8:08 am
Forum: Personal Consumer Issues
Topic: SS Spousal Benefit and Medicare
Replies: 4
Views: 461

Re: SS Spousal Benefit and Medicare

There is no need to notify anybody. The number already being used is referenced and matched whenever Medicare claims are made; e.g. the government keeps both numbers "on the books". When your spouse receives "her" SS benefit, a new Medicare card/number will be issued with the "old" number. However,...
by Prudence
Tue Jul 11, 2017 7:58 am
Forum: Personal Consumer Issues
Topic: SS Spousal Benefit and Medicare
Replies: 4
Views: 461

SS Spousal Benefit and Medicare

So my wife will be receiving her spousal benefit from my record effective this month. She just received a new Medicare health insurance card in the mail. Her Medicare Claim number includes my social security number. This was a surprise to me. She reached her FRA this month (age 66). She qualifies fo...
by Prudence
Sun Jul 09, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Policies?
Replies: 56
Views: 4941

Re: Medicare Supplement Policies?

I have Plan F, which is very similar to Plan G. Plan F is scheduled to cease accepting new clients in 2020. If I had it to do all over again I would have gladly picked Plan G. Some have said that when Plan F ceases to accept new clients, the existing clients will have an option to switch into other...
by Prudence
Sat Jul 01, 2017 2:34 pm
Forum: Personal Consumer Issues
Topic: Need Credit Card for International Travel
Replies: 45
Views: 3217

Re: Need Credit Card for International Travel

Since you do not travel very frequently, I would just use your present ATM bank card. Your bank can tell you exactly how much the fees are. Then figure your possible spending for this travel and figure if it is worth it to apply, pay for (?), and use a brand new card. Sometimes the biggest percent ...
by Prudence
Fri Jun 30, 2017 3:07 pm
Forum: Personal Consumer Issues
Topic: Need Credit Card for International Travel
Replies: 45
Views: 3217

Re: Need Credit Card for International Travel

For cash, various web sites advise me to get Canadian dollars in US and bring them to Canada. So, I may do that. Bad advice. Nerdwallet advises that Cap One does not charge an ATM fee for using an in-network ATM. Can I be confident that I will find an in-network ATM for Cap One in Montreal (staying...
by Prudence
Thu Jun 29, 2017 1:32 pm
Forum: Personal Consumer Issues
Topic: Need Credit Card for International Travel
Replies: 45
Views: 3217

Re: Need Credit Card for International Travel

Just checked the Allpoint site and then called Cap One. Cap One says they have no relationship with Allpoint and that if I don't use a Cap One ATM, there is a $2.00 ATM fee plus 3% of the amount withdrawn. So, maybe I can find another bank with no ATM fees. Thx. Maybe other experts can chime in. Se...
by Prudence
Thu Jun 29, 2017 12:34 pm
Forum: Personal Consumer Issues
Topic: Need Credit Card for International Travel
Replies: 45
Views: 3217

Re: Need Credit Card for International Travel

For cash, various web sites advise me to get Canadian dollars in US and bring them to Canada. So, I may do that. Bad advice. Nerdwallet advises that Cap One does not charge an ATM fee for using an in-network ATM. Can I be confident that I will find an in-network ATM for Cap One in Montreal (staying...
by Prudence
Thu Jun 29, 2017 11:09 am
Forum: Personal Consumer Issues
Topic: Need Credit Card for International Travel
Replies: 45
Views: 3217

Re: Need Credit Card for International Travel

Looks like Cap One Quicksilver does not charge foreign transaction fees https://www.capitalone.com/credit-cards/quicksilver/ I wouldn't use a credit card to get a cash advance anywhere; maybe you have one of these debit cards? https://www.nerdwallet.com/blog/banking/debit-card-foreign-transaction-i...
by Prudence
Wed Jun 28, 2017 2:46 pm
Forum: Personal Consumer Issues
Topic: Need Credit Card for International Travel
Replies: 45
Views: 3217

Re: Need Credit Card for International Travel

We travelled to Italy/Switzerland last summer and used the Cap One Quicksilver card flawlessly. No FTF/Annual fee and 1.5% across the board rewards. However, Capital One recently stopped using electronic bill pay so if that is an issue for you, other cards may be more suitable. Bank of America also...
by Prudence
Tue Jun 27, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: Need Credit Card for International Travel
Replies: 45
Views: 3217

Need Credit Card for International Travel

Wife and I are going to Montreal on July 29th. My credit cards charge foreign transaction fees (we don't travel very much so the issue has never come up). What card(s) would you recommend? Maybe we should add a Marriott or Southwest card to our collection now? We are not frequent travelers (domestic...
by Prudence
Tue Jun 20, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: Charleston and Savannah
Replies: 6
Views: 1079

Re: Charleston and Savannah

In Charleston we stayed at the Mills House hotel which was excellent in every way. Visited Savannah once and found it slow and boring; their river walk was disappointing.
by Prudence
Sat May 13, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: Moving from Comcast infinity to Fios
Replies: 5
Views: 785

Re: Moving from Comcast infinity to Fios

When we changed from Comcast to Fios years ago, my wife's comcast email account remained active for several years. But then it disappeared sort of abruptly. You can set up Gmail to pull emails from other email accounts (I have my set up to pull emails from an old hotmail account). Look under "...
by Prudence
Sat May 13, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: Moving from Comcast infinity to Fios
Replies: 5
Views: 785

Moving from Comcast infinity to Fios

I live in Maryland and just ordered Fios (internet, TV and phone) and plan to drop Comcast infinity service (next Friday). Currently, my wife and I use comcast.net for email. Verizon discontinued email. My wife and I have android smart phones and gmail accounts but have not been using them (the gmai...
by Prudence
Fri Apr 28, 2017 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Just retired-Need help deciding what to do with funds from my 401K and Traditional IRA
Replies: 10
Views: 1328

Re: Just retired-Need help deciding what to do with funds from my 401K and Traditional IRA

I recommend delaying your SS until age 70 and funding your expenses, to the extent necessary, from your other sources until then.
by Prudence
Wed Apr 26, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Sitting mostly in cash. Please help.
Replies: 31
Views: 5458

Re: Sitting mostly in cash. Please help.

I would not add anything to equities now. Also, I am not a fan of DCA. I would wait (patiently) for a market correction or steep drop and then lump sum your equity investment. I am in savings accounts, CDs and guaranteed rate investments and will go into equities when I feel the risk is reasonable....
by Prudence
Wed Apr 26, 2017 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Sitting mostly in cash. Please help.
Replies: 31
Views: 5458

Re: Sitting mostly in cash. Please help.

Thank you all for your suggestions. I recalculated my assets using a calculator this time and they add up to 1.24m, not 1.06m My arithmetic is abysmal. Anyway, here's the plan. I need to convert 565k from cash to stocks and 206k from cash to bonds to meet my 60:40 target. Total of 772k. I will imme...
by Prudence
Sat Apr 22, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Comcast negotiations
Replies: 58
Views: 6928

Re: Comcast negotiations

long time Comcast person with their internet/phone/cable package First, whatever your strategy, if at first you do not achieve success, keep calling. You will get a different service person - probably in a different part of the US. Second, ask for their help, 'I can not afford to pay $xxx, what can...
by Prudence
Tue Apr 11, 2017 2:08 pm
Forum: Investing - Theory, News & General
Topic: "Did Declining rates actually matter"
Replies: 26
Views: 2229

Re: "Did Declining rates actually matter"

Like many posters, I have been avoiding bonds and bond funds in favor of CDs. Most everyone agrees that investing in a 30 year bond fund, or a 30 year bond now would be extremely unwise. Anyway, going forward, are the conclusions in the article applicable to long term bonds i.e. yield would signific...
by Prudence
Mon Apr 03, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefit
Replies: 10
Views: 1378

Social Security Spousal Benefit

My wife reaches FRA (66) in July so she is filing a restricted application for a spousal benefit on my retirement benefit (I received my first payment in January after reaching 70 in December). We will be paying federal (and maybe some state and local) taxes on her spousal benefit. I am wondering if...
by Prudence
Mon Apr 03, 2017 8:27 am
Forum: Personal Consumer Issues
Topic: Is Craigslist still the main site to sell stuff locally?
Replies: 51
Views: 5579

Re: Is Craigslist still the main site to sell stuff locally?

Is Craigslist still the main site to sell stuff locally? I know Facebook has some of this functionality, but I'm not on or willing to join FB. Also, nextdoor.com seems popular, but that seems like an inefficient way to sell things, since your ad broadcasts to a very small group compared to Craigsli...
by Prudence
Tue Mar 21, 2017 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Pre-Retirement Income & Post Retirement Expenses
Replies: 15
Views: 1312

Re: Pre-Retirement Income & Post Retirement Expenses

I am not anywhere close to retirement, but I would think these expenses would not be there in retirement: FICA & Medicare taxes - about 9% 401k & other savings - about 10 - 15% reduction in Fed and State taxes - x% But, there could be increase in expenses: Healthcare premiums Travel and oth...
by Prudence
Sun Mar 19, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: Roth Conversion and Strategy
Replies: 25
Views: 2802

Re: Roth Conversion and Strategy

To convert or not convert and how much to convert is a function of your current and future tax rates as well as the amount in IRAs. At age 70.5, you must start RMDs from all of your IRAs. Initially, these are 3.6% of the value of the IRAs, but gradually increase over time. Also, once you start coll...
by Prudence
Wed Mar 08, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Searched forum, unsuccessful, how to find doctors who take Medicare
Replies: 62
Views: 3919

Re: Searched forum, unsuccessful, how to find doctors who take Medicsre

This is why my budget assumptions don't include a reduction of our HC costs. I will probably get some short term benefit -- I start Medicare next year -- but my longer term assumption is that we will eventually convert back to conventional insurance at some point when the provider network gets too ...
by Prudence
Sat Mar 04, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Restricted Application
Replies: 26
Views: 3155

Re: Social Security Restricted Application

JW-Retired wrote:If she was born in or before 1954 she is grandmothered under the old law. She can still file a restricted application for spousal at her FRA and delay taking her own benefits until age 70.
JW


Thanks!
by Prudence
Sat Mar 04, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Restricted Application
Replies: 26
Views: 3155

Re: Social Security Restricted Application

I’m looking for Bogleheads who would like to share their experience when filing an online Restricted Application for Social Security (SS) since the new SS rules signed into law on Nov 2, 2015. I am contemplating filing an online Restricted Application at Full Retirement Age (RTA) (in a couple month...
by Prudence
Wed Mar 01, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Question for Retired Members--life mistakes
Replies: 64
Views: 9756

Re: Question for Retired Members--life mistakes

Hello All, I am not sure if I am posting this question in the correct forum, but here it goes. I would LOVE to hear from people who are just entering retirement, as well as those who are 5-10 years in. I would like to ask them two questions: 1) Off the top of your head, what was the biggest mistake...
by Prudence
Mon Feb 27, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market Question
Replies: 19
Views: 2126

Re: Vanguard Money Market Question

runner9 wrote:How much money are you regularly moving around that $150K a day is a problem?


Less than that regularly. So, when MM rates were so unattractive, online savings was the best option. Now that MM rates are less unattractive, I like the liquidity.
by Prudence
Mon Feb 27, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market Question
Replies: 19
Views: 2126

Re: Vanguary Money Market Question

I don't understand how having money at Ally gives you any less liquidity than a Vanguard MM fund. I don't understand how having money at Ally makes it any slower to buy or sell at Vanguard, compared to having money in a Vanguard MM fund. OP could you please explain your thinking? Perhaps you are mi...
by Prudence
Mon Feb 27, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market Question
Replies: 19
Views: 2126

Vanguard Money Market Question

Currently I have cash sitting in Ally, GS, and Barclays savings accounts getting from 1.00 to 1.25 interest. I would like better liquidity e.g. relief from various annoying limits and time delays on cash transfers. Vanguard prime money market admiral shares (VMRXX) currently has an SEC yield of 0.86...
by Prudence
Sat Feb 25, 2017 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Check Your Beneficiaries!
Replies: 56
Views: 5986

Re: Check Your Beneficiaries!

In general, are the funds that are transferred directly to the beneficiary at death of the account holder included in the decadent's estate for computation of federal and/or state estate taxes? Yes. Any assets owned by the decedent at time of death are part of his taxable estate, regardless of whet...
by Prudence
Sat Feb 25, 2017 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Check Your Beneficiaries!
Replies: 56
Views: 5986

Re: Check Your Beneficiaries!

For many people, the designation of beneficiaries might be more important than their will. It might control the disposition of larger, even much larger amounts of money. +1 "For many people, the designation of beneficiaries might be more important than their will." My investments are wort...
by Prudence
Fri Feb 24, 2017 11:36 pm
Forum: Investing - Theory, News & General
Topic: Market Run Ups - Now vs. Then
Replies: 88
Views: 7595

Re: Market Run Ups - Now vs. Then

I've lived through the 2000 and 2008-2009 market crashes....different circumstances, both devastating. I'm far more diversified now than before, and I have an asset allocation better suited to weather deep dives, etc. - and yet, my stomach still gets queasy when I see run ups. It's hard to shake of...
by Prudence
Wed Feb 01, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Required Minimum Withdrawal
Replies: 8
Views: 1334

Required Minimum Withdrawal

If an individual has several traditional IRA accounts with different institutions, the IRS will allow her to make the total RMD (for all the IRAs) from just one of the accounts or more than one. This excludes her 401-K, right? IOW, the RMD from the 401-K must be taken completely from the 401-K, right?
by Prudence
Thu Jan 19, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Building a TIPs Ladder
Replies: 14
Views: 1499

Re: Building a TIPs Ladder

I am thinking about having a tips ladder for 2028 through 2043, with a $15,000 bond to mature each year. ... I would rather buy only original issue tips and would rather not use a tips mutual fund. If you only bought at auction, Prudence, you couldn't complete your ladder until 2033. [1] To build i...
by Prudence
Thu Jan 19, 2017 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Building a TIPs Ladder
Replies: 14
Views: 1499

Re: Building a TIPs Ladder

I believe the most common approach to building a TIPS ladder around here is to do so in one fell swoop, as dbr explains and as the spreadsheet Raybo links to describes. When you build the ladder that way, you have no choice but to buy TIPS in the secondary market. If you want to limit yourself to o...
by Prudence
Wed Jan 18, 2017 1:49 pm
Forum: Investing - Theory, News & General
Topic: TIPS are great in "theory." But real world...
Replies: 34
Views: 4176

Re: TIPS are great in "theory." But real world...

On paper, TIPS seem like the best type of bond. I have read all of the wonderful characteristics. Protection in both inflation and deflation, no default risk, etc. Swedroe and Swensen are huge fans. However, in the real world, are they really as wonderful as they seem? I have read some worries from...
by Prudence
Wed Jan 18, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Building a TIPs Ladder
Replies: 14
Views: 1499

Re: Building a TIPs Ladder

I've built a 10-year TIPS ladder over a period of ten years simply by buying at auction every January. I actually front end loaded it a bit by buying a larger quantity in the earlier years. You could do it this way which, of course, involves no commissions on the purchase. Gill Yes, I have been thi...
by Prudence
Wed Jan 18, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Building a TIPs Ladder
Replies: 14
Views: 1499

Re: Building a TIPs Ladder

I believe the most common approach to building a TIPS ladder around here is to do so in one fell swoop, as dbr explains and as the spreadsheet Raybo links to describes. When you build the ladder that way, you have no choice but to buy TIPS in the secondary market. If you want to limit yourself to o...