Search found 5935 matches

by Ron
Thu Jul 20, 2017 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Full View usefulness?
Replies: 28
Views: 1536

Re: Fidelity Full View usefulness?

Check your "Accounts Selected" tab on the Analysis view. All seven of my/wife's accounts are included, both from FIDO and VG. Also ensure you have selected the Account View, not Goal View, which may be different depending on how you set your personal view up. My FV total matches the Analys...
by Ron
Wed Jul 19, 2017 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Full View usefulness?
Replies: 28
Views: 1536

Re: Fidelity Full View usefulness?

Does that include assets held in external accounts? Yes... Also, be aware that FV is used as input to FIDO's Planning/Retirement tool (formerly known as RIP) so it's a good idea to include all your investment accounts, regardless of where they are held in order to get a valid result. I don't really...
by Ron
Sun Jul 16, 2017 2:42 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 136
Views: 11476

Re: How are folks handling the unprecedented rise in the market ?

The same way I handled the unprecedented fall of the value of my investments in 1987, early 2000's, and 2008-09. I did (and am doing) nothing. 35 years in the market (thus far) has taught me that there will always be periods of joy along with periods of sorrow, just like anything else in life... - Ron
by Ron
Sat Jul 15, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Trust Fund Update
Replies: 8
Views: 818

Re: Social Security Trust Fund Update

<snip...> Then my sixth thought was, oh... (sorry, I can't post that one). :| That you'll be dead by then :twisted: ??? Just turns out for us that 2034 is one year after the guaranteed term on our joint SPIA ends :oops: ... However, I believe that if one/both live beyond that date, our SPIA and SS ...
by Ron
Sat Jul 15, 2017 3:19 pm
Forum: Personal Consumer Issues
Topic: what's your secret to cleaning inside car windows?
Replies: 47
Views: 3398

Re: what's your secrete to cleaning inside car windows?

Don't secrete anything on them so you don't have to have a secret to clean them :twisted: ...

- Ron
by Ron
Thu Jul 13, 2017 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security benefits projected to rise 2.2% in 2018
Replies: 0
Views: 481

Social Security benefits projected to rise 2.2% in 2018

http://abcnews.go.com/Health/wireStory/ ... s-48622302

And Medicare Part B premiums are forecast to remain the same.

Just an early estimate, FWIW...

- Ron
by Ron
Thu Jul 13, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 175
Views: 6697

Re: Do you count vehicle equity in net worth?

Lots of rationalizations to claim an asset isn't an asset. I've been to quite a few estate auctions where personal property (cars) are sold for pennies on the dollar. In fact, for some brick-a-brack, I've seen many "quarter boxes" sold - that is $.25 for whatever the box holds. Unless you...
by Ron
Thu Jul 13, 2017 1:52 pm
Forum: Personal Consumer Issues
Topic: Hotel tipping: how much to leave?
Replies: 72
Views: 3575

Re: Hotel tipping: how much to leave?

While we've always tip the room attendant while on a cruise (ocean/river), we don't when we're spending time on the road. You don't necessarily get the same folks taking care of your room every day, and the tip you left for the attendant you had yesterday is probably going to be picked up by someone...
by Ron
Thu Jul 13, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security: Collecting at 70
Replies: 17
Views: 1746

Re: Social Security: Collecting at 70

I just got off the phone with my local SS office and they verified what I had stated earlier. I did a file/suspend in January 2014, when I attained FRA. I will receive a letter/notification from them this December, telling me that my claim is changing status effective January. I will start receiving...
by Ron
Thu Jul 13, 2017 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 175
Views: 6697

Re: Do you count vehicle equity in net worth?

No. I consider all personal property as $0.00 for estate value net worth calculations.

- Ron
by Ron
Wed Jul 12, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security: Collecting at 70
Replies: 17
Views: 1746

Re: Social Security: Collecting at 70

As it is, I'm going to give the local SS office a call to see if I understand it in my way of thinking/understanding.

- Ron
by Ron
Wed Jul 12, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security: Collecting at 70
Replies: 17
Views: 1746

Re: Social Security: Collecting at 70

I read this as 'this auto deeming of request for reinstatement at age 70' would not happen for someone who filed and suspended prior to 04-30-2016. unless requested at an earlier point Here's some additional information concerning that 4/30/16 date and how it affects benefits: https://www.ssa.gov/p...
by Ron
Wed Jul 12, 2017 3:41 pm
Forum: Personal Consumer Issues
Topic: What do you splurge on?
Replies: 133
Views: 10753

Re: What do you splurge on?

A subscription to M*. I don't need it for planning purposes (been retired for over a decade) but it still has good reading material on the funds I hold that are only available to subscription members. In addition, I enjoy comments that are made in the various forums. These are interesting to read an...
by Ron
Wed Jul 12, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: Buy/Remodel or Addition?
Replies: 14
Views: 993

Re: Buy/Remodel or Addition?

Just over two decades ago, we went through the same exercise. After we got the costs to upgrade/expand our previous home and included the then current value of the home, it made more sense to have a new house built that had all the features we wanted. It turned out well, without all the inconvenienc...
by Ron
Wed Jul 12, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security: Collecting at 70
Replies: 17
Views: 1746

Re: Social Security: Collecting at 70

It should be automatic: "The Program Service Centers (PSC) use automated systems to process voluntary delayed retirement credit (VDRC) reinstatements at age 70. For requests for voluntary suspension received April 30, 2016 and later, unless requested at an earlier point, we deem a beneficiary t...
by Ron
Wed Jul 12, 2017 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Ford discount for shareholders
Replies: 6
Views: 1889

Re: Ford discount for shareholders

I purchased my Mustang GT (many years ago) trying to use the X-plan since my former company was a supplier to Ford at the time. It turned out that I was able to get a better price without the plan.

FWIW,

- Ron
by Ron
Tue Jul 11, 2017 8:11 am
Forum: Personal Consumer Issues
Topic: SS Spousal Benefit and Medicare
Replies: 4
Views: 376

Re: SS Spousal Benefit and Medicare

BTW, here's an article to what the suffix means on your Medicare card, since it's also a mystery to some folks:

https://rodgers-associates.com/newslett ... ard-means/

- Ron
by Ron
Tue Jul 11, 2017 8:07 am
Forum: Personal Consumer Issues
Topic: SS Spousal Benefit and Medicare
Replies: 4
Views: 376

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 &qu...
by Ron
Mon Jul 10, 2017 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Beware of retroactive payments when claiming SS
Replies: 13
Views: 1489

Re: Beware of retroactive payments when claiming SS

<snip...>I'm receiving Divorced Spouse Benefits presently and plan to go in person to a local SS office in mid November, 2019, to start my age 70 personal benefit three months later. I'm really hoping I won't need to take any Cranky Pills ahead of time to deal with this. My application for the afor...
by Ron
Sun Jul 09, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Social Security Issue Assistance/Advice Needed
Replies: 5
Views: 705

Re: Social Security Issue Assistance/Advice Needed

A few years ago, I had a problem with a return for my (disabled) son. Without going into detail, it was resolved by working with the Taxpayer Advocate Service ( https://www.irs.gov/advocate and https://www.irs.gov/advocate/the-taxpayer-advocate-service-is-your-voice-at-the-irs ) along with the servi...
by Ron
Sat Jul 08, 2017 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone use ANNUITIES for SOME of their retirement funds?
Replies: 61
Views: 4035

Re: Does anyone use ANNUITIES for SOME of their retirement funds?

bengal22 wrote:Between pension, SSA, and RMD's I do not anticipate purchasing any annuities.

Pension? No.
SS? No.
RMD? No.
SPIA? Yes...

It all depends on your situation...

- Ron
by Ron
Fri Jul 07, 2017 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: SSA.gov calculator doesn't seem to make sense.
Replies: 18
Views: 854

Re: SSA.gov calculator doesn't seem to make sense.

I just was a bit blown away by the idea that between my wife and I we will have the potential of receiving $100,000 a year from social security even if it is in future dollars.. I maxed out contributions 20 of my 35 years, with the remaining 15 years close to the max. My wife never came close to th...
by Ron
Wed Jul 05, 2017 8:00 pm
Forum: Personal Consumer Issues
Topic: John Deere series 100 lawn tractors
Replies: 28
Views: 2207

Re: John Deere series 100 lawn tractors

<snip...>The height of electronic sophistication on the mower that I'm aware of though, is the hour meter. Actually, they have come a long way. Here's the digital display on my X350: http://salesmanual.deere.com/sales/salesmanual/images/NA/lawn_equipment/features_attachment/x300r/x350r_dash_display...
by Ron
Wed Jul 05, 2017 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Temporary Internal Promotion - Increased Compensation?
Replies: 73
Views: 4116

Re: Temporary Internal Promotion - Increased Compensation?

At my old megacorp, and at DW's also, if you had that conversation with us, you'd be the subject of eye rolling at our dinner table when we got home. If you were lucky, we'd give you a pass for being green, but green people don't get the next available promotion; they're not ready. You might get aw...
by Ron
Tue Jul 04, 2017 3:57 pm
Forum: Personal Consumer Issues
Topic: John Deere series 100 lawn tractors
Replies: 28
Views: 2207

Re: John Deere series 100 lawn tractors

Over the last 23 years, I've had four lawn tractors (two Craftsman/Sears, a JD 130 and a Cub Cadet). The first Sears (brand unknown) ran for nine years before it started giving me trouble. The second Sears (which was a Husqvarna) lasted just three years with deck leveling problems, broken spindles, ...
by Ron
Sun Jul 02, 2017 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Chances of delaying Social Security to age 70. Realistic?
Replies: 54
Views: 3972

Re: Chances of delaying Social Security to age 70. Realistic?

Age 70 SS starts early next year for both my wife/me. February for me, May for my wife (who is/has been getting 50% of my FRA SS , along with two small COLA's over the last 3+ years, under a restricted application). Yes, it can be done but in our case it wasn't planned. As the old saying goes, “Man...
by Ron
Sat Jul 01, 2017 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: LTD Insurance-SSDI & SS strategy
Replies: 3
Views: 310

Re: LTD Insurance-SSDI & SS strategy

You must reapply and repay any SS benefits paid to you within 12 months of claiming and receiving benefits:

https://www.ssa.gov/planners/retire/withdrawal.html

After repayment, you can apply again at any time up to the age of 70. At age 70, there is no benefit to further delay.

- Ron
by Ron
Sat Jul 01, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Chances of delaying Social Security to age 70. Realistic?
Replies: 54
Views: 3972

Re: Chances of delaying Social Security to age 70. Realistic?

Age 70 SS starts early next year for both my wife/me. February for me, May for my wife (who is/has been getting 50% of my FRA SS, along with two small COLA's over the last 3+ years, under a restricted application). Yes, it can be done but in our case it wasn't planned. As the old saying goes, “Man P...
by Ron
Sat Jul 01, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Are Annuities A Worthwhile Retirement Investment?
Replies: 52
Views: 5002

Re: Are Annuities A Worthwhile Retirement Investment?

As others have said, annuities are not an "investment". They are an insurance product providing income (some now, some later, some variable, all depending on product). Upon retirement in early 2007 at age 59 without any income other than my investment portfolio I researched and decided to ...
by Ron
Wed Jun 28, 2017 6:28 pm
Forum: Personal Consumer Issues
Topic: Do you buy phone outright or pay it off monthly...
Replies: 62
Views: 3208

Re: Do you buy phone outright or pay it off monthly...

I always buy my phones upfront. I figure if the cost is more then what I'm willing to pay immediately, I should go with a cheaper phone. That's how I feel. It's sort of like leasing vs buying a car (I always buy - for cash, so I know I can afford it). I picked up two Galaxy J7's last summer at arou...
by Ron
Tue Jun 27, 2017 6:57 pm
Forum: Personal Consumer Issues
Topic: New cars w/ no CD player -- what can I do with my CDs?
Replies: 47
Views: 3926

Re: New cars w/ no CD player -- what can I do with my CDs?

protagonist wrote:What did you do with your old typewriter? <snip...>

I had to sell it when I ran out of carbon paper :wink: ...

- Ron
by Ron
Tue Jun 27, 2017 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Do you check your dividends?
Replies: 16
Views: 1569

Re: Do you check your dividends?

I see them as they are issued during a daily Quicken update of my/our FIDO/VG accounts.

- Ron
by Ron
Fri Jun 23, 2017 10:17 am
Forum: Personal Consumer Issues
Topic: New cars w/ no CD player -- what can I do with my CDs?
Replies: 47
Views: 3926

Re: New cars w/ no CD player -- what can I do with my CDs?

If you get a vehicle with an entertainment system for the back seat folks (like I have on my Acadia) you still have the ability to use a music CD.

However, that's quite an expensive solution if all you wish to do is listen is your own CD's.

- Ron
by Ron
Tue Jun 20, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: What do BH think of this formula for an early retiree?
Replies: 26
Views: 3231

Re: What do BH think of this formula for an early retiree?

dbr wrote:Instead of "What do BH think of . . ." can you explain what problem you are trying to solve and what the rationale for your solution is?

Agreed...

- Ron
by Ron
Mon Jun 19, 2017 6:52 pm
Forum: Investing - Theory, News & General
Topic: is offering this [Vanguard] website feature feasible?
Replies: 29
Views: 2062

Re: is offering this [Vanguard] website feature feasible?

Don't folks just use morningstar.com to do exactly this? How? Via the X-Ray Stock Intersection screen. For instance, our holdings in Apple (AAPL) shows the various funds we have a position, along with current dollar value and % of portfolio net assets. I can see that we hold AAPL in six different f...
by Ron
Mon Jun 19, 2017 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Credit for Retirees
Replies: 16
Views: 1724

Re: Credit for Retirees

I've been retired for a decade, thus far. During that time I have purchased two cars and have obtained three new CC's. The only thing I listed on the credit application was my income total. I didn't say where that income came from (it came exclusively from my retirement portfolio). What matters is t...
by Ron
Sat Jun 17, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Freedom at 55, Early Retirement, SPIA a good idea?
Replies: 23
Views: 2027

Re: Financial Freedom at 55, Early Retirement, SPIA a good idea?

The 5.20% "return" you speak of is not really a return on your "investment" (e.g. premium), but also includes a return of your own money. You really need to perform an IRR to try to calculate the actual return rate. I (along with my wife) went against the general consensus of the...
by Ron
Fri Jun 16, 2017 11:40 am
Forum: Investing - Help with Personal Investments
Topic: contribution of more than $18,000 to 401k - no refund?
Replies: 31
Views: 1888

Re: contribution of more than $18,000 to 401k - no refund?

Maybe things have changed, but this was a normal situation I had with my employer who's 401(k) was administered by FIDO. I contributed "above the line" over many years and upon retirement (a decade ago) FIDO did a rollover to an IRA upon my request along with sending me a check for my alre...
by Ron
Thu Jun 08, 2017 7:46 am
Forum: Investing - Theory, News & General
Topic: Retirees: What are you doing about withdrawing?
Replies: 31
Views: 4265

Re: Retirees: What are you doing about withdrawing?

If you have a monthly (or any cycle) budget, it's simple. I/wife withdraw from our respective TIRA MM account, paying FIT at the time of withdrawal (no state/local income tax in our area). My wife's budget is static and she has an auto-withdrawal from her VG account on the 25th, deposited to her che...
by Ron
Wed Jun 07, 2017 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Is there anything wrong with starting with a Traditional IRA then transitioning to a Roth IRA
Replies: 16
Views: 985

Re: Is there anything wrong with starting with a Traditional IRA then transitioning to a Roth IRA

Why Roth and no traditional at all? I plan on being at a lower tax bracket when I enter retirement so why not take advantage of tax deductible contributions while I can. Ay, there's the rub! After being informed (for decades) that I would be in a lower tax marginal tax bracket in retirement, I find...
by Ron
Tue Jun 06, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: How do I get monthly checks from my investments in retirement?
Replies: 15
Views: 2621

Re: How do I get monthly checks from my investments in retirement?

My wife also wanted a "paycheck" upon retirement five years ago. Since she keeps 3-4 years in her VG TIRA MM (VMMXX) she simply set up a monthly auto-withdrawal/transfer to her credit union account. Part of the withdrawal is directed by VG to the feds in order to pay FIT (no local/state in...
by Ron
Mon Jun 05, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Benefits of waiting to convert $4,000,000 in IRAs into Roth
Replies: 41
Views: 4717

Re: Benefits of waiting to convert $4,000,000 in IRAs into Roth

There are more than a few calculators available to let you know about your possible options. Here's one for you: http://www.schwab.com/public/schwab/investing/retirement_and_planning/understanding_iras/ira_calculators/roth_ira_conversion I went through this exercise this year since my wife/me will b...
by Ron
Sun Jun 04, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversions if you are already in the 25% bracket
Replies: 16
Views: 1367

Re: Roth conversions if you are already in the 25% bracket

Here's a response from a related thread concerning my comments on conversion at the 25% rate:

viewtopic.php?f=1&t=219630#p3384512

- Ron
by Ron
Fri Jun 02, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Fixed Indexed Annuity
Replies: 8
Views: 582

Re: Fixed Indexed Annuity

Here's one article that has been discussed in the past:

http://www.philly.com/philly/business/F ... table.html

- Ron
by Ron
Fri Jun 02, 2017 8:18 am
Forum: Investing - Theory, News & General
Topic: RMD on Declining Balance
Replies: 53
Views: 3433

Re: RMD on Declining Balance

I wonder how many retirees know that they will have a RMD on a declining balance on their IRAs? and Somewhere-Sometime they will discover that their IRA will no longer support their life style of ~4% SWR? YMMV I disagree. I'm a math guy and am fully aware of how RMDs work over time. Bulk of my inco...
by Ron
Tue May 30, 2017 9:27 am
Forum: Personal Consumer Issues
Topic: Do I deserve it? [A new car]
Replies: 69
Views: 5370

Re: Do I deserve it?

climber2020 wrote:No. You're 25 and living with your parents. First priority should be moving out and getting your own place.

Fully agree, unless you are supporting them financially (totally) or they have physical ailments that require you to help.

- Ron
by Ron
Sun May 28, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Private Pension Cuts
Replies: 30
Views: 4046

Re: Private Pension Cuts

The Coca-Cola Co
NYSE: KO
by Ron
Sun May 28, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Withdrawal questions
Replies: 10
Views: 1324

Re: Withdrawal questions

My wife has four sources of retirement income to meet her budget; two small pensions, her spousal SS (based upon my SS), and the remainder drawn from her VG MM account with withdraws done automatically and having taxes taken out for her withdrawal along with taxes due on her other three sources of i...
by Ron
Sat May 27, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Annuity post retirement
Replies: 16
Views: 1083

Re: Annuity post retirement

<snip...>If the $100,000 is their entire life savings, don't annuitize it. If they had an emergency that required $10,000, how could they come up with the money? Exactly. I purchased an annuity (SPIA) upon my retirement ten years ago. When I completed the application, I had to attest that the annui...

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