Search found 103 matches

by Swimmer
Sun Apr 23, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 20
Views: 1624

Re: Helping adult children

LarryAllen wrote:Start a 529 for kid 2 with him as bene and then switch the bene to future grandkids when they have kids. If they don't have kids they can use the money by merely paying the penalty fee which isn't that big of a deal.


Thanks...actually we have done this.
by Swimmer
Sun Apr 23, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 20
Views: 1624

Re: Helping adult children

I was once told - and I believe - that while you may not be keeping score, you're children are. I'd make every effort to even up the funds dispersed to date to 50 / 50 between the children and go 50 / 50 thereafter. I would seek to avoid the perception that one child won the grandchildren lottery a...
by Swimmer
Sun Apr 23, 2017 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 20
Views: 1624

Re: Helping adult children

Swimmer, For years. my parents faced a similar question. In our case my DS and her family needed extra help (2 kids). My DB and I knew about it (high level) and didn't feel slighted in any way. Both of us and our families were doing well and didn't need the extra assistance Not only did my parents ...
by Swimmer
Sun Apr 23, 2017 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 20
Views: 1624

Helping adult children

Ok, I read Beyond the Grave and am feeling a bit guilty. Here's our situation...we have two sons. Both are engineers and doing well in their careers. Son 1 has 3 active children and a stay-at-home wife who is a wonderful mom. Son 2 is married and his wife has an excellent career. They have no childr...
by Swimmer
Wed Apr 19, 2017 4:43 am
Forum: Personal Consumer Issues
Topic: New phone..any advantages to buying at Costco?
Replies: 24
Views: 2937

Re: New phone..any advantages to buying at Costco?

Thank you all for your comments and suggestions. I always get excellent insights from Bogleheads!
by Swimmer
Sun Apr 16, 2017 9:56 am
Forum: Personal Finance (Not Investing)
Topic: New car...finance or not?
Replies: 17
Views: 1351

New car...finance or not?

So I am buying a new car. After trade balance is 22k. I can finance it at 2.4% or I can simply take the money out of my tIRA which I NEVER touch. (I have been retired 7 yrs). I am financially free and I love that. No loans of any kind. If I take the funds out of tIRA it barely makes a dent, but, of ...
by Swimmer
Sun Apr 16, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: New phone..any advantages to buying at Costco?
Replies: 24
Views: 2937

New phone..any advantages to buying at Costco?

My LG Android is on its last leg and won't even pair with my new car :annoyed I need to break down and buy a new one. I purchased the current LG at Costco. However, that requires a >1 hour trip and a lot of time. My question is: are there advantages to buying it at Costco? I think the prices were lo...
by Swimmer
Wed Dec 28, 2016 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 212
Views: 39549

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

You need to go to the police station. I disagree with this and the others saying similar things. Yes the man has done illegal things. However I think that him going to jail does not help pay off anything and he is the father of 4 children who are also the children of the sister,. Unfortunately, the...
by Swimmer
Wed Dec 28, 2016 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 212
Views: 39549

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

cheese_breath wrote:if your mother is rational it seems the first thing to do is have her revoke the BIL's POA.


I agree but I don't think this question has been answered. We are told she's had serious problems but what is her cognitive state?
by Swimmer
Wed Dec 28, 2016 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Changing State of Residency to Avoid State Income Taxes
Replies: 24
Views: 2983

Re: Changing State of Residency to Avoid State Income Taxes

Won't your tax issue mostly go away when you retire? Depends on the state to which you retire. When we relocated to FL, we signed a legal document "Declaration of Domicile" at the county in which we reside. Our attorney recommended we attach a copy to our final :D income tax return for th...
by Swimmer
Wed Dec 28, 2016 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 212
Views: 39549

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

This is really heartbreaking. I'm very sorry for you and your family. One thing I would find out is who handled your moms application for Medicaid? States differ but I did this for my mom when she had finally spent down her assets, most of which went to Assisted Living before entering the nursing ho...
by Swimmer
Tue Dec 20, 2016 2:27 pm
Forum: Personal Consumer Issues
Topic: Coach bag for wife - how to buy
Replies: 73
Views: 5563

Re: Coach bag for wife - how to buy

Just saw your link...

I want one! (Your wife has esquisite taste).
by Swimmer
Tue Dec 20, 2016 2:20 pm
Forum: Personal Consumer Issues
Topic: Coach bag for wife - how to buy
Replies: 73
Views: 5563

Re: Coach bag for wife - how to buy

My wife wants a Coach bag, it's $795 MSRP. I don't like paying MSRP for anything, is there any way to get this for less? Since it's a gift I don't think I want a used item. I know I could shop on ebay but it seems risky for something like this. Any coupons, specials etc for Coach? Thanks. If you ha...
by Swimmer
Sat Dec 17, 2016 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Liking the new Citi CC at Costco
Replies: 204
Views: 36902

Re: Liking the new Citi CC at Costco

Reviving this thread to report that I've had absolutely horrible service with the new Citi Visa for Costco, and will be cancelling it as soon as the rewards are paid out in February. I received an email from them today, notifying me of an urgent message about fraud activity on my account, which req...
by Swimmer
Sat Dec 17, 2016 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Did Intuit ruin Taxcaster?
Replies: 24
Views: 2593

Re: Did Intuit ruin Taxcaster?

Forgot to add that I am using iOS.
by Swimmer
Sat Dec 17, 2016 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Did Intuit ruin Taxcaster?
Replies: 24
Views: 2593

Re: Did Intuit ruin Taxcaster?

So is there a way to get around the time wasting Q&A format? I used to simply enter projected income amounts into the proper categories from their approx. 6 choices. For example, changing the IRA distribution amount for different conversion amounts would produce the tax bill for each amount. Yo...
by Swimmer
Sun Dec 11, 2016 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Turbotax question
Replies: 4
Views: 426

Turbotax question

Greetings! We're retired, take standard deduction and this year have LT Cap gains to report. No state income tax :D . We want to print out return and mail. Using iPad. What TT version should we purchase? Last year, I did it by hand--just not sure about calculating the LT Cap Gains part this year. Re...
by Swimmer
Fri Dec 02, 2016 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Freetaxusa dot com
Replies: 13
Views: 1314

Re: Freetaxusa dot com

Thanks. Didn't want to go to the trouble of starting it if it wasn't going to work out.
by Swimmer
Fri Dec 02, 2016 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Freetaxusa dot com
Replies: 13
Views: 1314

Freetaxusa dot com

Just discovered. So, what's the catch? Is it really free? Anyone used it? Thanks.
by Swimmer
Fri Nov 25, 2016 6:59 am
Forum: Personal Consumer Issues
Topic: Kitchen appliances
Replies: 15
Views: 2087

Re: Kitchen appliances

Are you looking for: 1. customer service during the purchase process, 2. service during installation, or 3. service later if something goes wrong? I think smaller, local stores have better service during the purchase process - if you can't decide what you want/ need. For #2 & #3, it's crap-shoo...
by Swimmer
Thu Nov 24, 2016 1:48 pm
Forum: Personal Consumer Issues
Topic: Kitchen appliances
Replies: 15
Views: 2087

Kitchen appliances

Happy Thanksgiving! Within the next week we plan to purchase a "suite" of new kitchen appliances. We've pretty much decided upon LG. Where to purchase to get the best customer service? Best Buy? Home Depot? Somewhere else? Please share any experiences/comments.
by Swimmer
Mon Nov 14, 2016 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Wealthy aunt is willing to allow me borrow $$ for medical school. How to best approach this?
Replies: 70
Views: 8049

Re: Wealthy aunt is willing to allow me borrow $$ for medical school. How to best approach this?

Early in our marriage when purchasing our first home, my parents loaned us a much smaller amount of money than in question here at a below-market interest rate. We paid it faithfully according to the agreed-upon schedule which was written and signed. In our case, even though we strictly complied wit...
by Swimmer
Sat Oct 29, 2016 5:19 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2596
Views: 676243

Re: What Movie Have You Recently Watched?

We recently watched "Bernie." Didn't know Jack Black was so talented. We enjoyed it.
by Swimmer
Sun Oct 23, 2016 4:08 pm
Forum: Personal Consumer Issues
Topic: Aldi doesn't accept phone calls
Replies: 36
Views: 4649

Re: Aldi doesn't accept phone calls

We love Aldi's. German chocolate, imported cheeses and specialty items, interesting items all the time. We buy most things except meat there. They pay their employees very well but expect hard work...not answering phones.
by Swimmer
Mon Oct 17, 2016 2:53 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2596
Views: 676243

Re: What Movie Have You Recently Watched?

denismurf wrote:Florence Foster Jenkins:

Part comedy and part drama, so succeeds in neither. You might like this if you are really, really infatuated with Meryl Streep. Otherwise, probably not.


I liked it bc I'm really, really infatuated with Hugh Grant.
by Swimmer
Mon Oct 17, 2016 2:29 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2596
Views: 676243

Re: What Movie Have You Recently Watched?

tludwig23 wrote:Just saw A Man Called Ove. Very good. I'd highly recommend for anyone.



I didn't know this was a movie. LOVED the book!
by Swimmer
Thu Oct 13, 2016 6:45 pm
Forum: Personal Consumer Issues
Topic: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"
Replies: 109
Views: 14360

Re: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"

I know what you are talking about. When I finished my residency and took my first attending physician job, it was in a wealthy town. I parked my Civic in the physicians' lot and it was hard not to notice that is was one of the few non-luxury cars (though my favorite car in the lot was a 20+ year ol...
by Swimmer
Thu Oct 13, 2016 6:22 pm
Forum: Personal Consumer Issues
Topic: Best way to donate to flood victims
Replies: 12
Views: 831

Re: Best way to donate to flood victims

Thanks for posting these links. The young pastor from Hays Street UM Church brought me to tears. Having worked for three larger nonprofits (and seen how $ is spent), I much prefer to donate to food banks directly such as this.
by Swimmer
Thu Oct 13, 2016 5:43 pm
Forum: Personal Consumer Issues
Topic: Is Older Tupperware Safe
Replies: 48
Views: 6205

Re: Is Older Tupperware Safe

I chuckled at this since I just read the thread about being a miser. I bought a sweet set of Pyrex at Costco and it killed me to throw out my old Tupperware. I got over it. To me, the glass seems cleaner. So glad I bit the bullet.
by Swimmer
Sun Oct 02, 2016 7:48 am
Forum: Investing - Help with Personal Investments
Topic: Liquidating Inherited Municipal Bonds
Replies: 24
Views: 1788

Re: Liquidating Inherited Municipal Bonds

I'm not an expert, but I would enjoy the tax-exempt income while I can still get it. :D
by Swimmer
Fri Sep 30, 2016 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Liquidating Inherited Municipal Bonds
Replies: 24
Views: 1788

Re: Liquidating Inherited Municipal Bonds

I'd keep them until they are called or mature unless you need the money. Even if there's very little or no tax consequence? I don't know how old they are or what interest rates they carry. If you sell them, can you invest the proceeds in a relatively safe vehicle that pays as much and is also Feder...
by Swimmer
Fri Sep 30, 2016 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Liquidating Inherited Municipal Bonds
Replies: 24
Views: 1788

Re: Liquidating Inherited Municipal Bonds

I'd keep them until they are called or mature unless you need the money.
by Swimmer
Fri Sep 23, 2016 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct login trouble
Replies: 5
Views: 511

Re: Treasury Direct login trouble

And the number is...
844-284-2676

The site, I agree, is a little wonky, but all the staff members I've ever spoken with have been very helpful. I feel like the security is extreme. But, as neurotic as I am, I find that comforting. :wink:
by Swimmer
Fri Sep 23, 2016 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct login trouble
Replies: 5
Views: 511

Re: Treasury Direct login trouble

Thanks, Linenfort!
by Swimmer
Fri Sep 23, 2016 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct login trouble
Replies: 5
Views: 511

Re: Treasury Direct login trouble

OP here.

Found a phone number and spoke with a very helpful human! She indicated that their site and iPad are often not compatible. So, it was a case of my TD security image not loading because of my iPad. Account is fine :sharebeer !
by Swimmer
Fri Sep 23, 2016 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct login trouble
Replies: 5
Views: 511

Treasury Direct login trouble

Has anyone tried logging in recently? Never had a problem before, but today I get an empty square where my "personalized image" should be. The caption under it is correct. I did NOT enter my password. Toward the screen bottom I completed an email form designed for security issues. Only cha...
by Swimmer
Thu Sep 08, 2016 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Should my living trust "own" my safe deposit box?
Replies: 22
Views: 1903

Re: Should my living trust own my safe deposit box?

The bank owns the box. You are only a renter or co-renter. Good clarification. I should have used a word other than owner (accessor? custodian? not sure what would be best). As far as putting estate planning documents in it, our trust says there are two original copies of the trust document and eit...
by Swimmer
Mon Sep 05, 2016 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance?
Replies: 26
Views: 2995

Re: Umbrella insurance?

I have 1mm in an umbrella policy. Also, keep in mind, unless you already run "top of the line" insurance coverage on your auto, and possibly home, you may not be eligible for the umbrella. I know my insurance provider mandated that my auto insurance coverage be at a very high minimum leve...
by Swimmer
Mon Sep 05, 2016 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance?
Replies: 26
Views: 2995

Re: Umbrella insurance?

mms wrote:OK - I will start researching insurance offerings for umbrella policies. I'm within a few months of retiring and this looks like a good idea. Thanks.



Start with your auto insurance carrier.
by Swimmer
Mon Sep 05, 2016 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance?
Replies: 26
Views: 2995

Re: Umbrella insurance?

We recently upped ours to 2M. Cost was just over $500. Coverage for 2 homes, 2 vehicles. I think cost is high. I'm told FL residents, which we are, pay more than most.

My question is :does anyone actually use their umbrella? We know of no one.

I keep thinking we're throwing $ away. :annoyed
by Swimmer
Wed Aug 24, 2016 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity for 28 Year Old Hippie
Replies: 41
Views: 5096

Re: Annuity for 28 Year Old Hippie

A friend's younger brother came to me for advice upon receiving a sizeable (mid six figures) financial inheritance. Suffice it to say that this young man fits the profile of someone who will blow through these funds within a couple years, at most. He has minimal income from part-time minimum wage j...
by Swimmer
Tue Aug 09, 2016 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Friend wants to pay for my kids' college expenses: how best to do this
Replies: 23
Views: 3622

Re: Friend wants to pay for my kids' college expenses: how best to do this

I'd go the 529 route. More importantly, I'm sure you realize how blessed you are to have such a wonderful, generous friend. How very kind. :happy
by Swimmer
Tue Aug 02, 2016 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Is my IRA really an IOU to the IRS??
Replies: 58
Views: 6601

Re: Is my IRA really an IOU to the IRS??

One thing to keep in mind if you are married is how the tax rates change from when you are married filing jointly and when one of you passes on and the survivor ends up filing as a single. In our case our pension and social security fill up the under 25% income now and that income won't change too ...
by Swimmer
Mon Aug 01, 2016 3:14 pm
Forum: Personal Consumer Issues
Topic: Costco rotisserie chicken
Replies: 102
Views: 13777

Re: Costco rotisserie chicken

Personally I think its insane to buy chickens raised in conditions where a $5 chicken can be profitable (yes I know it might be a loss leader). I'm guessing you are right and these are probably tortured chickens. I also read that chickens are killed for this at 3 months old. They don't even get a l...
by Swimmer
Sun Jul 31, 2016 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Yodlee Aggregator not working
Replies: 17
Views: 1377

Re: Vanguard Yodlee Aggregator not working

I used Yodlee for a while because I really liked the concept, but it was so unreliable (even moreso than VG's predecessor in my experience), that I gave it up. I then changed all my login creds since I always had a bit of an uncomfortable feeling from a security standpoint. Now, I just enter the acc...
by Swimmer
Fri Jul 29, 2016 4:22 pm
Forum: Personal Consumer Issues
Topic: Preparing financially for our funerals - prepay or not?
Replies: 113
Views: 8930

Re: Preparing financially for our funerals - prepay or not?

My parents didn't know it, but they were quintessential bogleheads who always lived below their means. In about 2000 they purchased prepaid cremation/burial arrangements for a whopping $975 each. My mother's family owned the cemetery plots. She always reminded me where "the papers" we're. ...
by Swimmer
Tue Jul 26, 2016 3:09 pm
Forum: Investing - Theory, News & General
Topic: "6 Ways to Simplify Your Retirement Portfolio Plan"
Replies: 12
Views: 2541

Re: "6 Ways to Simplify Your Retirement Portfolio Plan"

I don't particularly value simplicity. ...There's very little difference to me whether it's at one custodian or five. Valuing simplicity could be somewhat correlated to age. I didn't care about simplicity or consolidation at 30, but it is paramount as I approach 60. The saying, "Everything you...
by Swimmer
Sun Jul 24, 2016 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 193
Views: 18567

Re: How many folks choose to give inheritance to their children in unequal portions?

It is difficult to figure out how to give assets to people who appear financially irresponsible, especially when you are trying to allow the heirs to maintain friendly relationships with one another. There are no magical solutions, just some which work better and others which work worse. I can defi...
by Swimmer
Sat Jul 23, 2016 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 193
Views: 18567

Re: How many folks choose to give inheritance to their children in unequal portions?

I have a son who is doing well and a daughter who struggles. I'm seriously considering changing the trust so she gets the house for herself. I have no idea how much money will be left so it could be very uneven when it happens. Still, we think it will make us feel better knowing she'll have a home ...

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