Search found 252 matches

by kmurp
Sun May 20, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring soon - some questions
Replies: 27
Views: 3093

Re: Retiring soon - some questions

I'm a bit curious that this is what you advise (although I'm sure there's a good rationale I'm missing). Maybe you are missing that the OP is spending down their taxable account. Whether one "sells" money market fund shares or shares in a tax-efficient, passively-managed stock index fund does not c...
by kmurp
Mon May 14, 2018 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Do I Still Need Disability Insurance
Replies: 6
Views: 514

Re: Do I Still Need Disability Insurance

I’d keep it. If you change jobs you lose the group policy and your next job may not offer as good of a group policy. Your personal policy travels with you.
by kmurp
Wed May 02, 2018 8:56 am
Forum: Personal Consumer Issues
Topic: Health insurance for a couple living in 10-12 cities in the US
Replies: 14
Views: 1285

Re: Health insurance for a couple living in 10-12 cities in the US

Our insurance plan has a national rider. Cigna and Magnacare are the two national networks we have has on our rider over the years. We need this due to a child in another state.
by kmurp
Thu Apr 12, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: DINK High Income Earners - how to lessen the tax impact?
Replies: 25
Views: 2445

Re: DINK High Income Earners - how to lessen the tax impact?

Talk to an accountant about setting up a defined benefit plan.
by kmurp
Tue Apr 10, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Please Evaluate My Portfolio and Make Recommendations
Replies: 30
Views: 843

Re: What to do about Wife's Term Life Insurance Policy Nearing End?

I would consider looking at a ten year level term policy and then drop it when she is no longer working.
by kmurp
Sun Apr 08, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: If you want an actively managed fund, which one would you use?
Replies: 70
Views: 4908

Re: If you want an actively managed fund, which one would you use?

One with low turnover, relatively low expenses and significant investment in the fund by the fund managers.
by kmurp
Fri Apr 06, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Small company 401k plans
Replies: 42
Views: 2387

Re: Small company 401k plans

We use Newport for our plan which has maybe 40 members.
by kmurp
Tue Mar 27, 2018 8:28 am
Forum: Personal Finance (Not Investing)
Topic: If you couldn't get or get good long term diablity insurance
Replies: 11
Views: 715

Re: If you couldn't get or get good long term diablity insurance

Interested in this as well. My 26 year old healthy daughter was denied this month because of a history of migraines. Seems rather picky. I’m worsening if there is a way she can get the diagnosis off her medical record.
by kmurp
Fri Mar 16, 2018 4:37 am
Forum: Personal Consumer Issues
Topic: Modest stereo system
Replies: 57
Views: 3624

Re: Modest stereo system

Well, I don’t know your budget but can tell you what I did last year. I bought kef ls50w speakers. They are about $2000. Sound very very good. Compact, built in amplifier, WiFi and Bluetooth. No phono amp but we connect our turntable to it via an old 70s receiver which does have one and looks cool. ...
by kmurp
Tue Mar 13, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Finally Cutting the Cord - YouTube TV
Replies: 40
Views: 6064

Re: Finally Cutting the Cord - YouTube TV

We've had YTTV for about 7 months. It works great. A few months ago a YTTV app showed up on our Samsung smart tv so I only stream from the phone or chromebook occasionally. We cut the cord a few years ago and also have netflix and amazon prime. The hd antenna hasn't been used since getting YTTV. On...
by kmurp
Tue Mar 13, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Finally Cutting the Cord - YouTube TV
Replies: 40
Views: 6064

Re: Finally Cutting the Cord - YouTube TV

We've had YTTV for about 7 months. It works great. A few months ago a YTTV app showed up on our Samsung smart tv so I only stream from the phone or chromebook occasionally. We cut the cord a few years ago and also have netflix and amazon prime. The hd antenna hasn't been used since getting YTTV. On...
by kmurp
Mon Mar 05, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: [Minimizing costs of a medical procedure (Colonoscopy)]
Replies: 87
Views: 7085

Re: [Minimizing costs of a medical procedure (Colonoscopy)]

Have had several over the years from an in office 20 years ago to a recent in hospital combo colon/endoscopy with anesthesia. Took out lots of polyps with none cancerous or pre-cancerous. All good news since I have been through prostate cancer radiation treatment in 2012. Bills were > $5K for both ...
by kmurp
Sun Mar 04, 2018 7:14 am
Forum: Personal Finance (Not Investing)
Topic: [Minimizing costs of a medical procedure (Colonoscopy)]
Replies: 87
Views: 7085

Re: [Minimizing costs of a medical procedure (Colonoscopy)]

Just make sure that the anesthesia group participates with your insurance.
by kmurp
Thu Mar 01, 2018 6:55 am
Forum: Investing - Theory, News & General
Topic: American Funds Actuve Management beats Index Funds
Replies: 16
Views: 1958

Re: American Funds Actuve Management beats Index Funds

Ina 401k there are usually no sales charges and, of course, no taxes while in the 401k. If you have R6 funds the fees are fairly low.
by kmurp
Wed Feb 14, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: rule of thumb of when to sell your car
Replies: 50
Views: 3689

Re: rule of thumb of when to sell your car

So my daughters 2011 civic with 75k miles just had two unscheduled repairs. One, the exhaust system was maybe $500. The second was loss of the airbag system due to wiring corrosion at $2000. Does this qualify as a reason to dump the car? She thinks yes and I think no.
by kmurp
Fri Feb 09, 2018 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Questions
Replies: 11
Views: 857

Re: Tax Loss Harvesting Questions

Can you offset $3000 in income if you don’t itemize and just take the standard deduction? I’m likely not going to itemize under the new tax bill.
by kmurp
Sat Feb 03, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: (3-6 years to retirement) Appreciate an assessment
Replies: 11
Views: 1495

Re: (3-6 years to retirement) Appreciate an assessment

Don’t forget to account for income taxes in your firecalc withdrawals.
by kmurp
Thu Feb 01, 2018 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: 1099R error?
Replies: 6
Views: 487

Re: 1099R error?

As a follow up to all of you who kindly replied: turbo tax did handle the conversion correctly. I just wasn’t able to see that till I moved through the program further.
by kmurp
Thu Feb 01, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: How risky is Med school student loan debt?
Replies: 151
Views: 9989

Re: How risky is Med school student loan debt?

People have been predicting the death of medicine since long before I graduated (1983). Like stock market predictions, one day they may be right. That said, I would do it all over again ( but I’d save more money and “stay the course”).
by kmurp
Mon Jan 29, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: 1099R error?
Replies: 6
Views: 487

Re: 1099R error?

Ok. I’ll go back again over that section in the TurboTax program. I know she must owe taxes on the conversion so maybe the program is telling me that there’s no penalty as stated a few posts above. Thanks.
by kmurp
Mon Jan 29, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: 1099R error?
Replies: 6
Views: 487

1099R error?

I’m wondering if my daughters 1099r from vanguard is in error and looking for feedback. In short, she rolled over a 403 from an old employer to a vanguard IRA then converted to a Roth. The funds were pre tax. The 1099 shows code 2 which is non taxable? TurboTax says no taxes owed based on this but t...
by kmurp
Thu Jan 11, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 71
Views: 4361

Re: Poll: BHs who rent - what % of gross do you spend on rent?

I don’t rent but one of my daughters pays 50% of her take home in rent (HCOL).
by kmurp
Wed Dec 20, 2017 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund if your tax circumstances will change in the future
Replies: 75
Views: 5517

Re: Donor Advised Fund if your tax circumstances will change in the future

Took me five minutes to set up at Fidelity and transfer appreciated shares that are also held at Fidelity. Very easy. Excellent website and integration with fidelity brokerage.
by kmurp
Tue Dec 19, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund if your tax circumstances will change in the future
Replies: 75
Views: 5517

Re: Donor Advised Fund if your tax circumstances will change in the future

So is it too late in the year to open one of these and fund it?
by kmurp
Sun Dec 17, 2017 8:37 pm
Forum: Personal Consumer Issues
Topic: Air Berlin fiasco
Replies: 6
Views: 1346

Re: Air Berlin fiasco

Wife and I are supposed to be leaving Boston to Florence on Air Berlin Saturday. The company in in bankruptcy and pilots are calling in sick in large numbers. Our outbound flight has been cancelled the past two days and the return flight looks to be permanently cancelled. That is, the route will no...
by kmurp
Sat Dec 16, 2017 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Are you prepaying real-estate taxes this year?
Replies: 16
Views: 2358

Re: Are you prepaying real-estate taxes this year?

1year23 wrote:
Fri Dec 15, 2017 8:48 pm
I asked my accountant about this and he said it wouldn't help because we are subject to AMT. Did anyone else get this response?
I got the same response.
by kmurp
Wed Dec 06, 2017 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Cost of orthopedic cast
Replies: 8
Views: 836

Re: Cost of orthopedic cast

snowox wrote:
Wed Dec 06, 2017 6:27 am
Sounds to me that the first time they charges to put the cast on. The second time the hiked it because they had to remove the first cast then put new one on if I am reading and understanding your post correct.
I think you are probably correct. It just seems exorbitant.
by kmurp
Wed Dec 06, 2017 5:43 am
Forum: Personal Finance (Not Investing)
Topic: Cost of orthopedic cast
Replies: 8
Views: 836

Re: Cost of orthopedic cast

To answer the above questions: The billing dept bills for the entire academic medical center including the ortho office. They said they will look into it but never got back to us. The insurance company EOB doesn’t list a CPT code. It shows two lines “cast short arm/cast room”. Each line for cast sho...
by kmurp
Tue Dec 05, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of orthopedic cast
Replies: 8
Views: 836

Cost of orthopedic cast

Daughter recently broke hand and had a short arm cast placed. We are now getting the bills. Interestingly, when she went in to have her follow up, she had the cast replaced. There were two identical charges for a cast at that visit for around $320. Is it customary to charge twice for a cast replacem...
by kmurp
Fri Nov 24, 2017 8:22 am
Forum: Investing - Theory, News & General
Topic: HSA: "Pay out of pocket" vs Withdraw math problem
Replies: 48
Views: 3937

Re: HSA: "Pay out of pocket" vs Withdraw math problem

I’m paying out of pocket and will use the funds for Cobra prior to Medicare or deductibles after Cobra or Medicare premiums.
by kmurp
Tue Nov 21, 2017 5:25 am
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 54
Views: 14435

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

These things never work for me in New York. I live upstate and get lumped in with HCOL downstate.
by kmurp
Thu Sep 14, 2017 6:52 am
Forum: Personal Consumer Issues
Topic: Air Berlin fiasco
Replies: 6
Views: 1346

Re: Air Berlin fiasco

Wife and I are supposed to be leaving Boston to Florence on Air Berlin Saturday. The company in in bankruptcy and pilots are calling in sick in large numbers. Our outbound flight has been cancelled the past two days and the return flight looks to be permanently cancelled. That is, the route will no...
by kmurp
Thu Sep 14, 2017 4:18 am
Forum: Personal Consumer Issues
Topic: Air Berlin fiasco
Replies: 6
Views: 1346

Air Berlin fiasco

Wife and I are supposed to be leaving Boston to Florence on Air Berlin Saturday. The company in in bankruptcy and pilots are calling in sick in large numbers. Our outbound flight has been cancelled the past two days and the return flight looks to be permanently cancelled. That is, the route will no ...
by kmurp
Tue Aug 29, 2017 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: "Paid-up" whole life policy: keep or cash it in?
Replies: 7
Views: 1359

Re: "Paid-up" whole life policy: keep or cash it in?

If you cash it in, you will owe taxes. How many years would it take for the cash value after taxes to equal the death benefit? It may take quit a while.
by kmurp
Wed Aug 23, 2017 3:56 pm
Forum: Personal Consumer Issues
Topic: Credit Card for Student with no credit history
Replies: 9
Views: 808

Re: Credit Card for Student with no credit history

Discover is what my college age daughter did. Worked out well.
by kmurp
Sat Aug 05, 2017 5:29 pm
Forum: Personal Consumer Issues
Topic: Love your family car? Under $16,000 Used? Please share!
Replies: 57
Views: 7452

Re: Love your family car? Under $16,000? Please share!

I assume you mean used at that price. A Toyota RAV4 with reasonably low miles, maybe 50,000 could fit your criteria.
by kmurp
Thu Aug 03, 2017 7:10 am
Forum: Personal Consumer Issues
Topic: 2010 Civic AC
Replies: 7
Views: 931

Re: 2010 Civic AC

Turns out it was the compressor. When that failed on my old Accord at around 60,000 miles I didn't fix it. This time, we are fixing it. I don't think the car would be worth as much on trade without AC and if she is thinking about moving south next summer so AC will be important.
by kmurp
Mon Jul 31, 2017 8:25 am
Forum: Personal Consumer Issues
Topic: 2010 Civic AC
Replies: 7
Views: 931

2010 Civic AC

My daughter has a 2010 civic with about 60k miles. Last night, on her drive home, the AC quit working. Strangely enough the same thing happened to me with a 1995 Accord at about the same mileage years ago. My question is: is this likely an expensive repair or could it be easy to fix?
by kmurp
Tue Jul 25, 2017 4:15 am
Forum: Personal Consumer Issues
Topic: College student daughter got her car totaled. Advice?
Replies: 34
Views: 3731

Re: College student daughter got her car totaled. Advice?

A used Toyota RAV4 is a very good option. My daughter has been driving a 2006 model for a number of years and I really like it. Two things on this car though. 2006-2008 engines may have an oil consumption issue. After 2008 they got a different engine so I'd look for a 2009. Also, the earlier models ...
by kmurp
Fri Jul 21, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Is it still worth buying a house in a state with insane property taxes
Replies: 106
Views: 12441

Re: Is it still worth buying a house in a state with insane property taxes

Try living in Texas where property taxes in Dallas are 2.75% of "assessed" value, which is pretty much pulled out of thin air but always increases by mid to high single digits every year. That's almost exactly where we are as a percentage but in upstate NY where there's an income tax as well. We ar...
by kmurp
Fri Jul 21, 2017 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Is it still worth buying a house in a state with insane property taxes
Replies: 106
Views: 12441

Re: Is it still worth buying a house in a state with insane property taxes

When people refer to property taxes, does that include school taxes as well? Where I live these are separate bills six months apart.
by kmurp
Thu Jul 13, 2017 6:07 pm
Forum: Personal Consumer Issues
Topic: Personal liability insurance in retirement
Replies: 24
Views: 2517

Re: Personal liability insurance in retirement

That is a great rate for 5 mill. I pay that much for 1million.
by kmurp
Wed Jul 05, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Policies?
Replies: 56
Views: 6161

Re: Medicare Supplement Policies?

Aren't Medicare advantage policies much cheaper than medigap?
by kmurp
Mon Jun 05, 2017 6:05 am
Forum: Personal Consumer Issues
Topic: Article: Compare ROI of college education vs S&P500
Replies: 52
Views: 4330

Re: Article: Compare ROI of college education vs S&P500

I wonder what the numbers would have looked like in 2009.
by kmurp
Fri Jun 02, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: Novice for Southwest Companion Pass - Questions
Replies: 11
Views: 1188

Re: Novice for Southwest Companion Pass - Questions

Wow, a lot of good info that I didn't know.
by kmurp
Fri Jun 02, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: Novice for Southwest Companion Pass - Questions
Replies: 11
Views: 1188

Re: Novice for Southwest Companion Pass - Questions

My understanding is you need to spend 110k in a calendar year on the card to get companion. I don't think sign up points count towards that.
by kmurp
Tue May 23, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: New to the forum and retiring this fall
Replies: 55
Views: 7156

Re: New to the forum and retiring this fall

We'll that pension alone is worth millions so, provided your expenses are at or below that figure you could do pretty much anything you want for asset allocation with your other funds. If the pension is non cola, I imagine it would be smart to at least have a decent amount of stock exposure to make ...