Search found 1254 matches

by earlyout
Sun Feb 12, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: When to Convert Multiple IRA to Roths? Before or after retiring?
Replies: 21
Views: 1189

Re: When to Convert Multiple IRA to Roths? Before or after retiring?

Each exemption is $4050... More if 65 or over. I think it is an extra $1050 or something. Actually, it's not anymore. They changed the rules to increase the Standard Deduction for age 65+. But those of us who itemize get nothing extra. So another crude means testing... Don't forget that the thresho...
by earlyout
Sun Feb 12, 2017 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Recharacterizing Roth to tIRA...how accurate do you need to be?
Replies: 12
Views: 661

Re: Recharacterizing Roth to tIRA...how accurate do you need to be?

The amount you recharacterize can be less than the amount of the conversion. Partial recharacterizations are very common. Since you apparently converted into an existing Roth leaving a little of the conversion behind in your Roth won't make any difference.
by earlyout
Sun Jan 15, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: wisdom of converting most TIRA to Roth
Replies: 19
Views: 2215

Re: wisdom of converting most TIRA to Roth

Converting everything to a Roth may not be a good idea. LTC expenses, should they be needed by you or by a dependent, are often a tax deductible expense. This expense can be used to offset the taxable income from traditional IRA distributions.
by earlyout
Sat Jan 14, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Value of Traditional to Roth Conversion
Replies: 6
Views: 688

Re: Value of Traditional to Roth Conversion

If you are concerned about taxes, capital gains inside an IRA are not taxed. As mentioned above you can sell inside your IRA, roll over the IRA, and buy the same funds.
by earlyout
Wed Jan 11, 2017 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Denied Checking Account by Citibank
Replies: 15
Views: 1939

Re: Denied Checking Account by Citibank

Do you have a credit freeze on your Equifax info? If so, I suggest a temporary lift of that freeze and reapply.
by earlyout
Wed Jan 11, 2017 7:09 am
Forum: Personal Consumer Issues
Topic: VW Diesel Buyback -- how fast?
Replies: 13
Views: 921

Re: VW Diesel Buyback -- how fast?

I'm just curious, but why is everyone in a hurry to sell their diesel back to VW? If it's for environmental reasons you should be congratulated. I drive very little and like the idea of driving a non-depreciating asset for as long as I can before I turn it in. The offer is good for another 18 months...
by earlyout
Fri Jan 06, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance Settlement Advice
Replies: 19
Views: 1189

Re: Auto Insurance Settlement Advice

Have you talked to your insurance company? They may help or could at least give you an idea of what may be a reasonable settlement.
by earlyout
Fri Jan 06, 2017 8:15 am
Forum: Personal Finance (Not Investing)
Topic: How many $ to self fund long term care?
Replies: 73
Views: 5130

Re: How many $ to self fund long term care?

I wish I could find the actual data, or a best-fit exponential curve, but clearly the curve doesn't "cut off" at any point. I did not try to wade through this paper but I ran across it when I was trying to find some statistics about this and the raw number might be in it. http://www.nber....
by earlyout
Thu Jan 05, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: How to approach getting new wills, trusts, with a blended family
Replies: 51
Views: 2574

Re: How to approach getting new wills, trusts, with a blended family

Having faced similar issues, I think it is essential that the first thing you need to do is reach an understanding with your wife on what you want to accomplish with your estate(s). Do the two of you want to consider it as a single estate or do you want to separate it into three parts -- yours, mine...
by earlyout
Tue Jan 03, 2017 9:43 pm
Forum: Personal Consumer Issues
Topic: Excel help with arrays
Replies: 4
Views: 457

Re: Excel help with arrays

Have you though about using "range" as defined for Excel? It is fairly easy to manipulate a range of data cells.
by earlyout
Tue Jan 03, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Ugh! Scratched my brand new stainless steel stove
Replies: 19
Views: 1956

Re: Ugh! Scratched my brand new stainless steel stove

The right Scotch Brite pad will blend that right in. White probably won't touch it, red will be too aggressive, grey will probably the right one. They can be had at Lowes for $2-$3 for a 2-pk. I used grey on my dishwasher and its 95% blended, a little more work and it'll disappear. Just go in one d...
by earlyout
Sun Jan 01, 2017 1:58 pm
Forum: Personal Consumer Issues
Topic: Thoughts on this inverse living floor plan and building a home in general
Replies: 30
Views: 2355

Re: Thoughts on this inverse living floor plan and building a home in general

Be sure to mount the garage door tracks on something that does not transmit that noise into the bedrooms.
by earlyout
Wed Dec 28, 2016 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Turbotax Deluxe on sale at Amazon
Replies: 49
Views: 6402

Turbotax Deluxe on sale at Amazon

TurboTax Deluxe w/o state is $29.86 and w/ state is $39.86 this morning at Amazon. Thanks camelcamelcamel.
by earlyout
Tue Dec 27, 2016 9:17 am
Forum: Personal Consumer Issues
Topic: Concierge medicine Worth It????
Replies: 168
Views: 15789

Re: Concierge medicine Worth It????

(that's Physician Assistants, who seem to be able to do 90% of the regular doctor stuff and diagnosis quite well in my experience). Umm. No. Just..., no. I don't think I am a perfect physician or a medical genius. But after doing this for close to 20 years this comment scares me the most. This is w...
by earlyout
Mon Dec 26, 2016 2:49 pm
Forum: Personal Consumer Issues
Topic: Scarlatti K322 / L483 and Sor etudes (an old LP)?
Replies: 6
Views: 531

Re: Scarlatti K322 and Sor etudes (an old LP)?

If you haven't already, you might try to search through the catalog at prestoclassical.co.uk. I've been able to find some "lost" recordings from them.
by earlyout
Wed Dec 21, 2016 4:21 pm
Forum: Personal Consumer Issues
Topic: Old House Woes
Replies: 25
Views: 2152

Re: Old House Woes

I like your current strategy as the best of your options. You can either do nothing other than what is absolutely required for you stay for another couple years or you could do a complete renovation. A complete renovation would be expensive and would make the house unlivable for several months. It's...
by earlyout
Mon Dec 19, 2016 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Giving two weeks notice around the holidays
Replies: 58
Views: 4448

Re: Giving two weeks notice around the holidays

Before you give notice you should make very certain that you did not sign a non-compete agreement when you joined the company. Even though you may think you'll be doing something different, your present employer may not see it that way. You could be out a lot more than two week's pay.
by earlyout
Mon Dec 19, 2016 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Age 70 Social Security Benefits - 2 different answers
Replies: 4
Views: 974

Re: Age 70 Social Security Benefits - 2 different answers

Delayed retirement benefits do not compound. The benefit is 8% of the benefit at FRA per year, or to be more exact, it is 2/3 of 1% of the FRA benefit for each month you delay.
by earlyout
Sun Dec 18, 2016 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Healthcare.gov income estimate and CHIP
Replies: 12
Views: 1138

Re: Healthcare.gov income estimate and CHIP

I would make a somewhat larger conversion than may be needed and plan to recharacterize some of it next year to get your MAGI where you want it to be before filing your tax return. You can't increase the size of your conversion after Dec. 31 but you can make it smaller.
by earlyout
Sun Dec 18, 2016 8:22 am
Forum: Personal Consumer Issues
Topic: VoIP 'Oma' vs 'Vonage' phone
Replies: 39
Views: 2801

Re: VoIP 'Oma' vs 'Vonage' phone

When I changed telephone systems a few years ago, features I required like e911 and call forwarding from the handset were not available with Google Voice. I now use an Obi 200 with Voip.ms as my service provider. The Obi 200 was $30 and Voip.ms w/ e911 costs about $25 / year and has more features th...
by earlyout
Sat Dec 17, 2016 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Requiring Travel to "No Travel" Country
Replies: 48
Views: 6802

Re: Employer Requiring Travel to "No Travel" Country

I think most companies would give you the option of going or not going but I don't think it is against the law for them to tell you that's where you job is (unless you have a contract with your employer stating otherwise). What kind of protection/security does the company provide as part of this ass...
by earlyout
Sat Dec 17, 2016 1:45 pm
Forum: Personal Consumer Issues
Topic: LVT flooring
Replies: 11
Views: 1083

Re: LVT flooring

Is this a DIY project or are you hiring a contractor? Whatever you do, familiarize yourself with the manufacturer's instructions for installation of the LVF. Even if you are hiring someone, you want to know enough about installing this material to be able to ask appropriate qualifying questions. You...
by earlyout
Fri Dec 16, 2016 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion vs. Premium Tax Credit
Replies: 8
Views: 793

Re: Roth Conversion vs. Premium Tax Credit

You did not give us enough numbers to make a definitive response but you can think of the lost $15K PTC as additional tax on the Roth conversion. If you convert $100,000 the total tax on the conversion would be the lost subsidy plus income tax of 15% for some of it and 25% for the remainder. I'll as...
by earlyout
Fri Dec 16, 2016 4:13 pm
Forum: Personal Consumer Issues
Topic: Thoughts on SUV for retirement.
Replies: 54
Views: 4655

Re: Thoughts on SUV for retirement.

From Truecar:

Lexus 2016 GX 460

Cylinders‎: ‎8
Highway Mpg‎: ‎20
City Mpg‎: ‎15


"trying to be environmentally conscious" Are there no other alternatives?
by earlyout
Fri Dec 16, 2016 1:25 pm
Forum: Investing - Theory, News & General
Topic: Roth Conversion/Recharacterization - how many accounts?
Replies: 11
Views: 1059

Re: Roth Conversion/Recharacterization - how many accounts?

I have read several prior posts that are adamant that you should convert into a new Roth account, and (even uglier...) if you recharacterize, you should do that to yet another new T-IRA! This appears completely unnecessary (to me) A few extra accounts aren't ugly. In fact, they can simplify things ...
by earlyout
Wed Dec 14, 2016 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Hold Harmless Clause
Replies: 5
Views: 884

Re: Medicare Hold Harmless Clause

Mouses -- you're correct, the hold harmless provision only applies to Part B. It does not apply to Part C (advantage programs) or to Part D. djs2 - IIRC once you start the new benefit (spousal to your own in this case) the hold harmless provision does not apply. The increase in your benefit is proba...
by earlyout
Wed Dec 14, 2016 7:16 am
Forum: Personal Finance (Not Investing)
Topic: 2 RMD Questions
Replies: 22
Views: 2217

Re: 2 RMD Questions

The instructions for taking the first RMD refer to the year you reach 70.5. I don't see anything that says "after you are 70.5 year's old". Assuming you have actually done the conversion and this is not a theoretical situation you may have to recharacterize that conversion so you can take ...
by earlyout
Wed Dec 14, 2016 6:55 am
Forum: Investing - Help with Personal Investments
Topic: Paying Roth conversion tax
Replies: 8
Views: 1180

Re: Paying Roth conversion tax

Conversion of a traditional to Roth IRA must be completed by the end of the calendar year, not by the tax filing deadline.
by earlyout
Sat Dec 10, 2016 6:34 pm
Forum: Personal Consumer Issues
Topic: Please suggest itinerary for Singapore/Bali/Malaysia
Replies: 2
Views: 215

Re: Please suggest itinerary for Singapore/Bali/Malaysia

What part of Malaysia are you interested in? Sabah and Sarawak (Borneo) may be good for 8 days but if you are planning on 8 days in peninsular Malaysia I would encourage you to forego that and spend more time in Bali and Java. You could easily spend 5 or 6 days in and around Ubud itself and a few mo...
by earlyout
Sat Dec 10, 2016 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: ACA Silver vs. Bronze on Healthcare.gov
Replies: 5
Views: 775

Re: ACA Silver vs. Bronze on Healthcare.gov

The total projected costs for a silver plan include the amounts saved due to the cost sharing. The cost sharing has definite break points at 150 and 200% of the FPL for your household. Keep this in mind when you estimate your ACA MAGI for 2017 and remember that an IRA contribution, education expense...
by earlyout
Wed Dec 07, 2016 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Inflation protection for retiree portfolio
Replies: 24
Views: 2379

Re: Inflation protection for retiree portfolio

Don't overlook equities as part of your plan for inflation protection. Inflation protection is one of the main reasons for a retiree to keep equities as part of their asset allocation.
by earlyout
Sat Nov 19, 2016 6:48 pm
Forum: Investing - Theory, News & General
Topic: Download quotes to excel spreadsheet
Replies: 26
Views: 2023

Re: Download quotes to excel spreadsheet

Looking through some other information I ran across some Excel functions called SMF ADDIN (Stock Market Functions) that are authored and maintained by a Yahoo group. They started out to create a function for pulling quotes from the web and have expanded into other stock market functions. Apparently ...
by earlyout
Fri Nov 18, 2016 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: To structure attorney fees, or not.....
Replies: 11
Views: 821

Re: To structure attorney fees, or not.....

You also want to be certain that you advisor does not have a conflict of interest. Is your advisor a broker and want you to use the money to buy something from him?
by earlyout
Wed Nov 16, 2016 5:08 pm
Forum: Investing - Theory, News & General
Topic: Download quotes to excel spreadsheet
Replies: 26
Views: 2023

Re: Download quotes to excel spreadsheet

I found this page (http://www.financialwisdomforum.org/gummy-stuff/Yahoo-data.htm) that describes what all the codes are and other useful description of using this yahoo feature. Yup. Handy info. Good to have that page posted here for reference. This same information is available in our Wiki - look...
by earlyout
Wed Nov 16, 2016 10:05 am
Forum: Personal Finance (Not Investing)
Topic: What lines on tax return form do I need to use
Replies: 10
Views: 767

Re: What lines on tax retrun form do I need to use

I suggest you google "ACA MAGI" and go from there. Once you understand the definition of modified income used for the ACA you can easily pick out the lines you need from your 1040.
by earlyout
Wed Nov 09, 2016 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: "No Referral Needed" Medicare speak
Replies: 32
Views: 1769

Re: "No Referral Needed" Medicare speak

I have Medicare B and a secondary policy for maximum out of pocket protection. I did not need a referral to see a cardiologist of my choosing last month. I checked that he accepted Medicare assignment when I made the appointment but I was not asked about a referral. Did the specialists you spoke to ...
by earlyout
Tue Nov 08, 2016 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: [Car totalled - Does location matter?]
Replies: 13
Views: 1063

Re: [Car totalled - Does location matter?]

Any reason you haven't gotten your own insurance carrier involved? I was side-swiped by a truck a little over a year ago and never dealt with the other insurer. I let my insurance company handle the negotiations for me. A rough repair estimate indicated the car would be totaled so all I had to do is...
by earlyout
Sat Oct 29, 2016 1:48 pm
Forum: Personal Consumer Issues
Topic: Please explain pendant lights vs. mini pendant
Replies: 4
Views: 546

Re: Please explain pendant lights vs. mini pendant

The "first fixture you reference is a complete fixture -- it includes a built in LED bulb and the desired shade. Look at the specifications section for additional details.
by earlyout
Tue Oct 25, 2016 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Condo Purchase - Radon mitigation
Replies: 19
Views: 1430

Re: Condo Purchase - Radon mitigation

At that price level and in in what must be a building with several units I assume the building is professionally managed. Before doing anything I would check with the condo manager to see if radon is/was a problem in other units. You also need to find out if the association rules allow the installat...
by earlyout
Sat Oct 08, 2016 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare as secondary to employer plan
Replies: 11
Views: 986

Re: Medicare as secondary to employer plan

Are you sure Medicare would be the secondary insurer? Why would a company pay premiums for insurance coverage that is already available from Medicare?
by earlyout
Sat Oct 01, 2016 4:54 pm
Forum: Personal Consumer Issues
Topic: Roadside assistance Programs
Replies: 41
Views: 3370

Re: Roadside assistance Programs

I pay State Farm $7.16 each year for roadside assistance (flat tires, dead batteries, tow in, etc). I've had to use them twice recently, for a dead battery and a flat tire, the service was very prompt and no questions were asked.
by earlyout
Fri Sep 23, 2016 8:17 pm
Forum: Personal Consumer Issues
Topic: Would you buy this house in a flood zone? HELP!
Replies: 63
Views: 4009

Re: Would you buy this house in a flood zone? HELP!

Federal flood insurance only provides for limited recovery. I don't know what it is today but 8 years ago, IIRC, the maximum was $250,000. Supplemental flood insurance was available from a few carriers in some areas but only after you had the federal insurance. You said you could pay cash but I woul...
by earlyout
Wed Sep 21, 2016 7:23 am
Forum: Personal Consumer Issues
Topic: Those who are having Ooma
Replies: 13
Views: 2413

Re: Those who are having Ooma

Keep in mind that there are other VOIP systems available that cost less than Ooma and offer features not available on the basic Ooma package. Voice quality with VOIP is primarily a function of your internet connection and speed so if your satisfied with the voice quality using Ooma, you should be eq...
by earlyout
Mon Sep 19, 2016 6:54 am
Forum: Personal Consumer Issues
Topic: Consumer Cellular - Home Phone Promotion
Replies: 5
Views: 694

Re: Consumer Cellular - Home Phone Promotion

Since one of your reasons for having the landline is to have a backup for your CC mobile I don't think you want to have the CC home phone. If the CC network is down, neither phone would work. You would be better off with a back up mobile phone using a different carrier. Just be careful you don't end...
by earlyout
Sun Sep 18, 2016 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: “Timing” Retirement IRA Sales for Future-Year Withdrawals?
Replies: 11
Views: 999

Re: “Timing” Retirement IRA Sales for Future-Year Withdrawals?

Congratulations! You've discovered the fallacy of "bucket" schemes of any kind. Whether you want 1 year or 5 years of cash set aside, at some point you have to to refill the bucket so eventually you must sell something. The result is you either try to time the market (which usually is not...
by earlyout
Sun Sep 18, 2016 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: “Timing” Retirement IRA Sales for Future-Year Withdrawals?
Replies: 11
Views: 999

Re: “Timing” Retirement IRA Sales for Future-Year Withdrawals?

Congratulations! You've discovered the fallacy of "bucket" schemes of any kind. Whether you want 1 year or 5 years of cash set aside, at some point you have to to refill the bucket so eventually you must sell something. The result is you either try to time the market (which usually is not ...
by earlyout
Wed Sep 14, 2016 6:10 pm
Forum: Personal Consumer Issues
Topic: How to fix doors that don't close after new carpet installation
Replies: 36
Views: 2814

Re: How to fix doors that don't close after new carpet installation

The tools and technique will vary depending on the construction and materials used in your doors. Using the wrong tools could ruin the door. Look for a "finish carpenter" or "trim carpenter" in your area and have them come out and give you a quote for cutting off the doors. They ...
by earlyout
Sun Sep 04, 2016 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Tax: Personal Care Assistant for spouse
Replies: 11
Views: 979

Re: Tax: Personal Care Assistant for spouse

Usually caregiver expenses are not an employer expense but I guess if it is your spouse's company, they could be. To further clarify this situation, a few questions: 1. Is the caregiver being paid by the company or from your personal accounts? 2. Am I correct that you are not an employee of the comp...
by earlyout
Sat Aug 27, 2016 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about POA for my mother
Replies: 29
Views: 2033

Re: Questions about POA for my mother

Your mother also needs a will if for no other reason than your durable POA is good only until she dies. Following her death, you need to be executor or her will to take care of financial matters. Without a will, you will have to wait until the court appoints your the executor of her estate or be hap...

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