Search found 888 matches

by downshiftme
Sun Apr 23, 2017 9:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: The next generation of Boglehead authors
Replies: 40
Views: 2743

Re: The next generation of Boglehead authors

JL Collins is very accessible for the next generation of Bogleheads.

jlcollinsnh.com
by downshiftme
Wed Apr 19, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: Medical Alert Services
Replies: 11
Views: 787

Re: Medical Alert Services

If your parent has any kind of independent mobility, for instance takes cab rides to go shopping or to movies, then any unit that relies on a base station will not work when they are out of the house. Look for cellular phone services if that feature is needed.
by downshiftme
Wed Apr 19, 2017 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?
Replies: 46
Views: 2805

Re: Does Insurance Have to Pay an Out-of-Network Ambulance Bill in Full?

In network hospital arranged transpiration for me (a patient) with their usual ambulance service to another in network facility for covered treatment. The ambulance ride was not covered by insurance. Balance billing is disallowed for in-network providers who have agreed to the insurance network's te...
by downshiftme
Mon Apr 17, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Being "Bought Out" By Another Company
Replies: 11
Views: 1043

Re: Employer Being "Bought Out" By Another Company

I've been on both sides of this, part of a company that was acquired, and part of a company that acquired other companies. In most cases, one of the motivating factors is that executives believe that combining the two operations can result in operating efficiencies. The combined company payroll depa...
by downshiftme
Fri Apr 14, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: Car Breaks Down on Long Road Trip
Replies: 55
Views: 4493

Re: Car Breaks Down on Long Road Trip

This did happen to us a few years ago. We ended up doing exactly what others have suggested. It was a short blip of a delay in the trip and a little logistics at the end to claim the repaired car. Otherwise a nice vacation and an enjoyable trip all around. 1. leave vehicle at nearest facility for re...
by downshiftme
Mon Apr 10, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: Online high school
Replies: 38
Views: 2334

Re: Online high school

My son was a very motivated learner and tried online high school classes for subjects he wanted to try that were not available in the local school. It was frustrating and did not live up to the promises. The "lectures" were video with no opportunity for interaction and the quality was very...
by downshiftme
Sun Apr 09, 2017 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: [Tax] software asks driver license number
Replies: 15
Views: 1376

Re: [Tax] software asks driver license number

I do not understand how providing my driver's license will help with taxes. Tax data is already targeted by fraudsters claiming fake refunds. If anything having the tax data also include driver's licenses makes the tax data a bigger target for hackers who can access not just financial data but perso...
by downshiftme
Sat Apr 08, 2017 12:15 am
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 144
Views: 13565

Re: Social Security for Millennials

This statement is correct in absolute terms, but incorrect in relative terms. (You're both right.) If you pay more in, you get more absolute dollars out. However, the lower income person gets a bigger relative benefit for each contribution. The system is too complicated for simple statements like t...
by downshiftme
Fri Apr 07, 2017 5:31 pm
Forum: Personal Consumer Issues
Topic: Cost of Booze on a Cruise
Replies: 68
Views: 6446

Re: Cost of Booze on a Cruise

Which cruise line are you considering?


Was looking at Norwegian, Holland America, Celebrity or Viking River cruises. But never having been on any cruise, I'm mostly looking for an interesting trip and probably fun ports to visit.
by downshiftme
Fri Apr 07, 2017 4:55 pm
Forum: Personal Consumer Issues
Topic: Cost of Booze on a Cruise
Replies: 68
Views: 6446

Re: Cost of Booze on a Cruise

I have not been on a cruise, but am considering one in the fall. Is this fascination with alcohol and the best ways to get alcohol on board a common theme for cruising? It sounds like a major on board activity may be drinking, which likely would not be of much interest to me. The cruise line is real...
by downshiftme
Fri Apr 07, 2017 4:47 pm
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 144
Views: 13565

Re: Social Security for Millennials

A few of my older relatives don't like this uncertainty and opted to take SS right at age 62. And then there's always the risk you might not live very long (or at all) to collect the larger payment distributed to those who wait until age 70. My older relatives, all in their 80's and 90's now, felt ...
by downshiftme
Thu Apr 06, 2017 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving Employer
Replies: 3
Views: 773

Re: Leaving Employer

If you don't need the cash flow, then this seems like a very good idea. You can live on other taxable funds and get this after-tax amount safely sheltered in a Roth. Good plan.
by downshiftme
Wed Apr 05, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to Persuade an Employer to Improve an ADP 401(k)
Replies: 29
Views: 1641

Re: Trying to Persuade an Employer to Improve 401(k)

My smaller employer also had a broker involved with the 401k plan. After years of suggestions, we switched to a new plan with the same broker and only slightly better ERs (went from 3% average to 2%). After a couple more years of suggestions, including actually delivering proposals from providers to...
by downshiftme
Tue Apr 04, 2017 6:45 pm
Forum: Personal Consumer Issues
Topic: Moving/bending a King Size Mattress
Replies: 15
Views: 1019

Re: Moving/bending a King Size Mattress

On a long haul move, the movers told us it is standard practice to fold the king mattress in half to get it around corners. we bent a king mattress to get it into our last townhome. it was never the same after that That mattress never felt right after the bend and tended to sag into the middle where...
by downshiftme
Tue Apr 04, 2017 4:00 pm
Forum: Personal Consumer Issues
Topic: Security deposit issues upon rental move-out. Or, how do I not get ripped off?
Replies: 39
Views: 2596

Re: Security deposit issues upon rental move-out. Or, how do I not get ripped off?

Despite much cleaning and no damage, I have had landlords that quickly returned the entire security deposit and landlords that had a long list of items that consumed most or all of my security deposit. It never seemed to matter what I did or how much care I took. My options for contesting those land...
by downshiftme
Tue Apr 04, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 144
Views: 13565

Re: Social Security for Millennials

I'm not a millennial, but my approach to this question has been the same my entire working career, even when I was the age millennials are currently. I have very limited ability to influence the political solutions needed by Social Security, so I cannot count on it as a certainty. I hope it will be ...
by downshiftme
Sun Apr 02, 2017 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Young-ish bogleheads: How much (if any) social security do you expect in retirement?
Replies: 88
Views: 4261

Re: Young-ish bogleheads: How much (if any) social security do you expect in retirement?

I generally hope for the best and plan for the worst. When I created a retirement spreadsheet I assumed I wouldn't get any. Most people like to build in a little extra safety into their projections just in case (ie plan for a 3% SWR when they know 4% should be okay still). I view it as part of that...
by downshiftme
Sun Apr 02, 2017 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: New Job - Retirement Options
Replies: 7
Views: 688

Re: New Job - Retirement Options

Unless you plan to be with this employer for a very long time, or believe that this employer will never upgrade their 401k to a better plan with better fees then it usually still makes sense to contribute to the least bad option and get the tax advantages. If they later upgrade their plan, or you mo...
by downshiftme
Fri Mar 31, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Divorcing and handling shared and split assets after divorce
Replies: 55
Views: 3303

Re: Divorcing and handling shared and split assets after divorce

Nesting is difficult, but it can be made to work. Essentially the family house is the kids house and parents rotate in and out. Awkward, but workable. I think your plan will have problems not because of the nesting, but because of the shared housing for parents. Very few divorced partners will want ...
by downshiftme
Thu Mar 30, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: An Edward Jones Financial Advisor stopped by my house and spoke with my wife
Replies: 111
Views: 11636

Re: An Edward Jones Financial Advisor stopped by my house and spoke with my wife

Vanguard does not call you to encourage you to stay in the market in a downturn. These are things that an (advisername) rep will do for you This notion that an adviser adds value by counseling investors to stay the course in downturns is just plain false. Some advisers may do so, some may do so som...
by downshiftme
Tue Mar 28, 2017 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 175
Views: 9929

Re: Not opting for 529... anyone else?

Used Education IRAs, then called Coverdales for a time, but didn't see a huge advantage to accepting the restrictions. Only had a few thousand in these shelters. By using a plain taxable account for most of the money and relatively tax efficient index funds, we were able to fully fund college and no...
by downshiftme
Mon Mar 27, 2017 6:24 pm
Forum: Personal Consumer Issues
Topic: Need advice about massive changes in daughter's college program by dean
Replies: 52
Views: 4131

Re: Need advice about massive changes in daughter's college program by dean

Unfortunately, the actual specifics really matter here, so anyone offering suggestions will be making a lot of guesses and assumptions. the future focus will be on the social, psychological and political meaning of underwater basket weaving. This sounds like neither an academic approach, nor a techn...
by downshiftme
Sat Mar 25, 2017 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Ever apply a competitor and have word get back to your employer?
Replies: 29
Views: 3048

Re: Ever apply a competitor and have word get back to your employer?

Depending on your industry, it's very easy for word to get back to your employer. Even if you have an agreement with HR not to call any current employer references, it's surprisingly common for people you interview with to have friends who changed companies and work for any of your past employers an...
by downshiftme
Thu Mar 23, 2017 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Divesting to heirs. When and how quickly.
Replies: 45
Views: 4359

Re: Divesting to heirs. When and how quickly.

I am approaching a similar situation (heirs on the younger end, my assets much less than you describe) but still in the range that heirs will expect a $million or more should I die. I'd like to start gifting or something to keep my estate from growing too large, but have similar concerns. I'm very i...
by downshiftme
Wed Mar 15, 2017 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Turning down employer provided universal life insurance?
Replies: 26
Views: 2884

Re: Turning down employer provided universal life insurance?

Why would an employer want to provide an expensive whole life policy instead of a lower cost term life policy? Something seems very odd about this whole setup.
by downshiftme
Wed Mar 15, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Convincing Someone To Dump A Bad Financial Advisor
Replies: 39
Views: 3301

Re: Convincing Someone To Dump A Bad Financial Advisor

Just trying to get my head around these fees. If I'm a financial adviser with only THREE retired clients (assuming similar sized portfolios), and I am taking 1.5% from each of these portfolios, my aggregate fee is MORE than the typical 4% SWR of the clients themselves. This seems absurdly well paid ...
by downshiftme
Wed Mar 15, 2017 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Father is 90, taking over his investments
Replies: 23
Views: 2619

Re: Father is 90, taking over his investments

Did you Dad ever express his interests for how he wanted this money treated? Given that it's all in cash now, that's probably what he wanted. In my "In case I'm incapacitated" file, I have explicit instructions for how to invest my assets if my Power of Attorney needs to be invoked and I s...
by downshiftme
Wed Mar 15, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 101
Views: 10735

Re: Early Retirement - what to do about healthcare?

Before ACA, one common strategy for early retirees was to find some kind of affiliation group or professional society with a group health plan and join that. Alternatively, people ran small companies to form their own small group plan, which was a lot of work and complicated. With the advent of ACA,...
by downshiftme
Tue Mar 07, 2017 9:58 am
Forum: Personal Finance (Not Investing)
Topic: At what age did you drop life and disability insurance?
Replies: 56
Views: 3708

Re: At what age did you drop life and disability insurance?

Age had nothing to do with it. I kept life insurance until my net worth was great enough that what my kids would inherit would be enough to comfortably raise them through college and into a self sustaining adulthood. That was sometime in my early 40's, but it was the financial milestone that trigger...
by downshiftme
Fri Mar 03, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for this rollover mess?
Replies: 1
Views: 186

Re: Suggestions for this rollover mess?

You may need to get a three way call with both parties talking to each other. Playing shuttle diplomat is a slow way to make progress and can be a waste of time. This has gone on long enough that you should have a bit of clout about getting them to talk to each other.
by downshiftme
Sat Feb 18, 2017 10:47 pm
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 235
Views: 25763

Re: Good Modern Science Fiction

Cryptonomicon by Neal Stephenson

Blackout / AllClear by Connie Willis

The Name of the Wind / Wise Man's Fear by Patrick Rothfuss

The Martian (movie is good, but the book is a different experience) by Andy Weir
by downshiftme
Tue Feb 14, 2017 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: 24 with a $300,000 trust. Need Advice
Replies: 13
Views: 1246

Re: 24 with a $300,000 trust. Need Advice

I am no expert in trusts, but if I had an extra $300,000 to invest, I would NOT select individual stocks and I would not select two companies in the same business. There is no diversification at all. Are there tax implications if the trustee sells, possibly appreciated, shares? Can you direct the tr...
by downshiftme
Wed Feb 01, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Spendthrift Daughter
Replies: 44
Views: 3637

Re: Spendthrift Daughter

I would think it would only cause a rift between the daughter and deceased father. At first glance, this seems like a possible consequence, but the deceased father is deceased, so there's no point in harboring a rift with him. Instead the cut-off daughter is likely to turn her resentment to her sib...
by downshiftme
Mon Jan 30, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Would you put 1 million dollars in ONE credit union...
Replies: 17
Views: 3100

Re: Would you put 1 million dollars in ONE credit union...

Thanks for all the good suggestions about how to verify that the deposits are in fact insured or not. But I would also add to the discussion, is this one million dollars out of a much larger portfolio, or is this one million pretty much the entire portfolio? If this is just a portion of the portfoli...
by downshiftme
Fri Jan 27, 2017 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Pay Your Monthly Bills?
Replies: 42
Views: 3770

Re: How Do You Pay Your Monthly Bills?

Having a separate card for some bills and a different card (or cards) for other uses will limit the damage if one card is compromised. However, leaving the card at home won't make much difference. The card numbers (and expiration and CVV) are freely given out whenever you make a purchase, so they ca...
by downshiftme
Fri Jan 27, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Helping with sisters 401k with principal
Replies: 5
Views: 302

Re: Helping with sisters 401k with principal

This looks like the Principal plan we used to have. Your best option may be to select one of the lower cost equity options like SP500, and then balance with bonds in an IRA. If this isn't a lifetime job, you can roll whatever you own to better funds when you leave this job.
by downshiftme
Fri Jan 27, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: Are two in one Washer/Dryer combos a thing?
Replies: 17
Views: 2124

Re: Are two in one Washer/Dryer combos a thing?

Yes, they do make them. In a compact apartment my friend had one, didn't like it and switched to two separate units stacked on top of each other as a better solution. This was perhaps 10 years ago, so maybe the technology has improved.
by downshiftme
Wed Jan 25, 2017 7:04 pm
Forum: Investing - Theory, News & General
Topic: Wells Fargo - no more 100 free trades (for new accounts)?
Replies: 26
Views: 13480

Re: Wells Fargo - no more 100 free trades (for new accounts)?

As my kids get old enough to open their own accounts, they have enjoyed the PMA benefits by linking their accounts to mine. For banking, this made Wells Fargo a very attractive proposition to get their business. Now that they are going to open a first IRA account (for tax year 2016) we have discover...
by downshiftme
Wed Jan 04, 2017 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 212
Views: 39660

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

He tricked her into signing over ownership of her IRA to him (evidently so that he could withdraw the money without penalty... he's in his mid-60's As far as I know you cannot just transfer ownership of an IRA. In a divorce settlement, a court can order a transfer or partitioning of an IRA. When yo...
by downshiftme
Sun Jan 01, 2017 2:01 pm
Forum: Investing - Theory, News & General
Topic: ‘Rich Dad’ author says the 2016 market collapse is coming
Replies: 53
Views: 9702

Re: ‘Rich Dad’ author says the 2016 market collapse is coming

I'll make a prediction:

Sooner or later the market will drop steeply, and all the people who predicted crashes will claim they were right all along, but just off by a little bit of timing.
by downshiftme
Tue Dec 13, 2016 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Enforcing the terms of a trust
Replies: 42
Views: 3404

Re: Enforcing the terms of a trust

My trust also has "in terrorem" or no-contest clause in it, which prevents the beneficiaries (my kids) from contesting our trust/wills. If the beneficiaries try to contest/change the trust, they lose everything. So what happens if the kids believe that the trustee has acted untrustfully o...
by downshiftme
Tue Dec 13, 2016 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Trouble w/Vanguard transferring assets due to Divorce
Replies: 7
Views: 1235

Re: Trouble w/Vanguard transferring assets due to Divorce

Most custodians will NOT act on divorce changes in accounts until they get signed paperwork by BOTH parties. Has your ex filed the necessary papers in addition to whatever you provided?
by downshiftme
Mon Dec 12, 2016 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Age to Take Social Security: The Ideal and the Reality
Replies: 83
Views: 12600

Re: Age to Take Social Security: The Ideal and the Reality

Bacchus01 wrote: I honestly don't fully understand the "wait" decision from a financial standpoint. You are taking a lot of risk by not taking the money. And the payback timeline for a breakeven analysis for most people is in their early 80s, which is at roughly the current mortality age ...
by downshiftme
Mon Dec 12, 2016 1:36 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2615
Views: 691457

Re: What Movie Have You Recently Watched?

I think Arrival will be better on the big screen. It's a thinking movie, so it may be good outside of theaters, but it will probably be best viewed on the full size screen. Also, this may not be everyone's idea of a good movie. I loved it. Really thought it was terrific, but overhearing the reaction...
by downshiftme
Thu Dec 08, 2016 12:11 am
Forum: Personal Consumer Issues
Topic: Should I go for the 2K+ flying squirrel solution?
Replies: 36
Views: 3269

Re: Should I go for the 2K+ flying squirrel solution?

I had a squirrel problem in the attic that took several visits of trapping and repairing damage before they were completely gone. I'm in a fairly high cost of living area, but the entire job was a lot closer to $1000 than $2000. This was only 2 years ago, so squirrels shouldn't have inflated that mu...
by downshiftme
Thu Dec 08, 2016 12:04 am
Forum: Investing - Help with Personal Investments
Topic: Retiring in a Decade after Graduation
Replies: 131
Views: 15836

Re: Retiring in a Decade after Graduation

There are small groups of people your age trying to do what you suggest. Some internet searches may turn up special interest groups targeting very early retirement. Many people have been leery of putting too much into retirement plans with age 59 (or 55) limitations. In fact there are several ways t...
by downshiftme
Sat Dec 03, 2016 3:51 pm
Forum: Investing - Theory, News & General
Topic: Employer incentive stock options, asking the right questions
Replies: 3
Views: 417

Re: Employer incentive stock options, asking the right questions

I thought that a company WAS obligated to disclose this to option holders. How else can option holders decide whether to exercise options or not. In fact, I believe there is an obligation for the company to do a valuation regularly, even if it is privately held, if there are employee options outstan...
by downshiftme
Thu Dec 01, 2016 7:01 pm
Forum: Personal Consumer Issues
Topic: Reasonably cheap reading glasses with different strengths?
Replies: 20
Views: 1851

Re: Reasonably cheap reading glasses with different strengths?

I like Zenni for inexpensive eyeglasses. I get separate (different) prescription in each eye. I also used them for my kids glasses. Usually ordered several at a time for kids because the glasses were so cheap it was easy to have a spare on hand. Kids both lose and damage glasses (think sports injuri...

Go to advanced search