Search found 819 matches

by littlebird
Tue Aug 23, 2016 11:10 am
Forum: Investing - Theory, News & General
Topic: Mechanics of RMD distribution from IRA
Replies: 4
Views: 365

Re: Mechanics of RMD distribution from IRA

As long as the basis when transferred is as of the day of transfer (because its basis in the IRA was 0 and you don't want to transfer that), sounds like a good hands-off plan. I don't believe Schwab does that; they seem to want to transfer only cash, though I haven't asked recently.
by littlebird
Mon Aug 22, 2016 10:05 am
Forum: Personal Consumer Issues
Topic: Please, please advise...Health insurance terminated by insurance company
Replies: 40
Views: 2340

Re: Please, please advise...Health insurance terminated by insurance company

You say you spoke to healthcare.gov. Did you speak to a local Navigator? I searched for Navigators for my state and there are multiple social service agencies still involved. Perhaps one or more may now have experience untangling post-sign up snafus or be able to tell you where to go next.
by littlebird
Sat Aug 20, 2016 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Sell home and rent?
Replies: 9
Views: 920

Re: Sell home and rent?

Maintenance, repairs, replacements? Water/sewer? Difference in utility usage? Yard work? House cleaning for large house? :moneybag

I think it really comes down to the intangibles. Do you enjoy the house and yard? Or do you feel it's a money pit and ties you down?
by littlebird
Fri Aug 19, 2016 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Self-drafting prenuptial agreement in CA
Replies: 17
Views: 1150

Re: Self-drafting prenuptial agreement in CA

Maybe in this era it would be sufficient if they each had their own app. :P
by littlebird
Fri Aug 19, 2016 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to Prepare for Old Age When You Don’t Have Kids
Replies: 21
Views: 3490

Re: How to Prepare for Old Age When You Don’t Have Kids

"You’ll print out your will, get a couple of witnesses to sign it, then keep it somewhere safe (and tell your executor where it is). According to legal site Nolo, this is really all you need to do to create a legally-binding will." I don't think that's true in all states. Which states is ...
by littlebird
Thu Aug 18, 2016 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-nup questions
Replies: 35
Views: 4227

Re: Pre-nup questions

For my mother there are strict limitations on what she can and can't do with her money while she is alive. Very strange in that if he dies in the nursing home than the state isn't interested in recovering the bill he racked up. However if my mom dies first, the state will grab at least half of the ...
by littlebird
Wed Aug 17, 2016 5:53 pm
Forum: Investing - Theory, News & General
Topic: Update: Emory & Columbia; New Fiduciary cases: 403b's at MIT Yale NYU & Duke Hopkins Penn Vanderbilt
Replies: 59
Views: 4535

Re: New Fiduciary cases: 403b's at MIT Yale NYU & Duke Hopkins Penn Vanderbilt

There are a great many plans out there with no low-cost options. Sometimes every single option has an expense ratio more than 1%. Looking at the various threads from new posters here you can see that there are plenty of such plans. These lawsuits are about plans that are much better in comparison. ...
by littlebird
Tue Aug 16, 2016 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Stolen grave sites- legal minds pls help
Replies: 5
Views: 974

Re: Stolen grave sites- legal minds pls help

Did your mother leave the plots to you, specifically? Or does your brother have as much right to them as you do? I couldn't tell from your post.
by littlebird
Sat Aug 13, 2016 10:47 pm
Forum: Personal Consumer Issues
Topic: Post Office Boxes-Junk and prior renter's mail
Replies: 32
Views: 2014

Re: Post Office Boxes-Junk and prior renter's mail

For (first class) mail addressed to previous boxholder: Write: "Not known here". Return to counter clerk, if available. If not, put in outgoing mail drop.

For junk mail: Much (but not all) of it can be eliminated by using this website: https://www.catalogchoice.org/login
by littlebird
Sat Aug 13, 2016 6:56 pm
Forum: Personal Consumer Issues
Topic: Are you on Facebook?
Replies: 144
Views: 7815

Re: Are you on Facebook?

Nope. At first I didn't join because I wanted my (adult) children to be able to post without have to be conscious that "Mom and Dad" were reading everything they post. Later I didn't join because I didn't want my (adult) children to "unfriend" me, as has happened to some friends ...
by littlebird
Sat Aug 13, 2016 1:47 pm
Forum: Personal Consumer Issues
Topic: Do you wash your car yourself, or have it done?
Replies: 96
Views: 5204

Re: Do you wash your car yourself, or have it done?

I enjoy washing my car in the garage (with the door open) out of the sun and with no hose involved. I use a no-rinse car wash product and do a quarter or so at a time. I learned this technique when we RV'ed, and normal, messy washing was not allowed in the nicer RV Parks. And it's age-appropriate fo...
by littlebird
Sat Aug 13, 2016 9:49 am
Forum: Personal Finance (Not Investing)
Topic: How many credit cards are too many?
Replies: 57
Views: 3561

Re: How many credit cards are too many?

More than you can keep track of or trust yourself to use responsibly. Any number less than that is fine. As I get older, I find I'm having a harder time remembering which are on auto-pay and which I want to write a check to, which I have to call to get my rewards and which pay my rewards automatica...
by littlebird
Sat Aug 13, 2016 9:35 am
Forum: Personal Consumer Issues
Topic: air conditioning filters
Replies: 36
Views: 2570

Re: air conditioning filters

I use the filtrate 1100 series, buying them online from whomever is cheapest. I change them after varying time periods depending on how much the heat pump runs. In June, July and August - every month; from November to April - once in total; in-between months - from 6 weeks to 3 months depending on w...
by littlebird
Fri Aug 12, 2016 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Drivers License # for health records?
Replies: 18
Views: 1366

Re: Drivers License # for health records?

I try to keep social security number private and secret, not public to pass to whoever wants it. Are they able to obtain it from another source? I don't feel as though I should publicly share the name of the ambulance company. I will give an update on my other thread about the whole medical insuran...
by littlebird
Thu Aug 11, 2016 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Drivers License # for health records?
Replies: 18
Views: 1366

Re: Drivers License # for health records?

If you can suggest a better way for them to verify they have the correct person, I'm sure they will listen. How is a photocopy of a driver's license going to help them verify anything? #photoshop Not everyone has a driver's license. But everyone, pretty much, has a SS# and, rightly or wrongly, that...
by littlebird
Thu Aug 11, 2016 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Medicaid qualification - allowed assets
Replies: 13
Views: 1234

Re: Medicaid qualification - allowed assets

Medicaid will not take your father's INCOME, but assets are considered "available". How much in the way of assets the stay-at-home spouse can retain varies by state. In AZ it's about $117,000. This is complex, that's why I always recommend an Elder Law attorney, but I'm not impressed by th...
by littlebird
Thu Aug 11, 2016 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Medicaid qualification - allowed assets
Replies: 13
Views: 1234

Re: Medicaid qualification - allowed assets

Was this - making a loan - the recommendation of the Elder Law attorney?

How is your father going to explain the disappearance of the sum of money that goes to the loan?
by littlebird
Thu Aug 11, 2016 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Wills, lawyers & UsLegalForms.com
Replies: 6
Views: 564

Re: Wills, lawyers & UsLegalForms.com

LarryAllen wrote:It should work out fine... of course we won't know until you after you die or become incapacitated. :)

Good luck. I hope saving a few dollars is worth the loss of peace of mind of having a professional do it for you.


bengal22 seems to have a great deal of peace of mind.
by littlebird
Thu Aug 11, 2016 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Wills, lawyers & UsLegalForms.com
Replies: 6
Views: 564

Re: Wills, lawyers & UsLegalForms.com

You say you need a new will because you moved. But you already have POA's and "living wills". Does this mean that you believe your old POA's and "living wills" from your former state are still valid in your new state, but your regular will is not?
by littlebird
Sun Aug 07, 2016 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Hiring an executor for my will
Replies: 43
Views: 3137

Re: Hiring an executor for my will

How about the lawyer who wrote your will?

Non family member-executors generally get a percentage of the estate.

Are you leaving the house to a charity? Some charities will have their lawyer act as executor if they are a major beneficiary.
by littlebird
Fri Aug 05, 2016 1:36 am
Forum: Personal Consumer Issues
Topic: Where to find common items that last "forever"
Replies: 58
Views: 4299

Re: Where to find common items that last "forever"

DSInvestor wrote:I like darn tough socks which have a lifetime warranty.
http://darntough.com


You're on to something. If you learn to darn (as people used to do with socks) they can last forever.
by littlebird
Thu Aug 04, 2016 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Power of Attorney - legalzoom?
Replies: 7
Views: 855

Re: Power of Attorney - legalzoom?

There have been several threads lately on how difficult it has become to get POA's honored by a financial institution. I know because I started or contributed to many of them. First, see if your state has a statutory POA, that is, a form generated by the state which, when filled out should cover all...
by littlebird
Mon Aug 01, 2016 11:32 am
Forum: Personal Finance (Not Investing)
Topic: What is a modest retirement (definition)?
Replies: 66
Views: 6298

Re: What is a modest retirement (definition)?

In my neck of the woods most singles live comfortably in retirement with around $40,000 net (after taxes) total income coming in from various sources. They have maybe $50,000 in savings if that. And of course they are debt free. I may have to move to your neck of the woods. I estimate health care a...
by littlebird
Mon Aug 01, 2016 1:36 am
Forum: Personal Consumer Issues
Topic: Carpeting-Costco or Home Depot?
Replies: 30
Views: 3822

Re: Carpeting-Costco or Home Depot?

I found Home Depot and Lowes both to have higher prices and less selection than the big wholesale dealer in Phoenix. That store is called Pro Source. A small business guy in Phoenix referred me to them. They are only open to other small dealers and their buyers. I bet there is whole sale store like...
by littlebird
Fri Jul 29, 2016 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Living Trust - alternative beneficiaries strategies
Replies: 5
Views: 409

Re: Living Trust - alternative beneficiaries strategies

Yes, but I recommend you see an experienced Trusts & Estates lawyer to take into account all of the "unknown unknowns".
by littlebird
Fri Jul 29, 2016 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: CD Ladder in an Irrevocable Trust
Replies: 3
Views: 291

Re: CD Ladder in an Irrevocable Trust

Have your in-laws and your spouse spoken to an Elder Law attorney about this plan? Have your in-laws and your spouse visited some nursing homes in the area that accept Medicaid? Do your in-laws have reason to believe that they'll need (and qualify under Medicaid for) nursing home care?
by littlebird
Fri Jul 29, 2016 1:32 pm
Forum: Personal Consumer Issues
Topic: It's too hot
Replies: 49
Views: 3824

Re: It's too hot

Update: there is not a lot of room for new trees. When the neighbors took out the trees on the lot line, they also raised their lot for a septic system. So I only have maybe ten feet of yard there, and my house and therefore the windows is on a high foundation due to potential flooding, so new tree...
by littlebird
Mon Jul 25, 2016 11:36 pm
Forum: Personal Consumer Issues
Topic: Passport Nightmare
Replies: 32
Views: 4021

Re: Passport Nightmare

Back in the late 1990s when I still worked we would send people who needed passports quickly to the Los Angeles Passport Office in person. They took there birth certificate and drivers license and other Id. The office would issue a passport in 2-3 days, They would address any issues. It worked grea...
by littlebird
Mon Jul 25, 2016 8:00 pm
Forum: Investing - Theory, News & General
Topic: John Bogle's home
Replies: 36
Views: 6602

Re: John Bogle's home

I was always fascinated how Warren Buffett never left the house he purchased in 1958 for $31,500. . Just to put this somewhat in context, my parents bought a home in Queens, in NYC in 1954 for $15,000 and my then spouse and I bought a house in the best school district in Suffolk County, N.Y. in 196...
by littlebird
Sun Jul 24, 2016 10:50 am
Forum: Personal Consumer Issues
Topic: What really happens to people who run out of their money in retirement
Replies: 61
Views: 8871

Re: What really happens to people who run out of their money in retirement

My fear is to get old and have dementia set in and not know WTH is going on around me - with no family or partner. A solution for you, if you can possibly afford it, might be to move to a continuing care community (independent living>assisted living>skilled nursing) as early as feasible, before any...
by littlebird
Sun Jul 24, 2016 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Bonds at an historic high; time to get out?
Replies: 37
Views: 3389

Re: Bonds at an historic high; time to get out?

When I saw I had made more than 4.5% on my intermediate bond fund, I decided that was more than a fair return on such bonds for this year. I sold and put into a MM fund for now. But -- I have a $4000/month assisted living bill for my spouse, in addition to keeping up the marital home. I probably wou...
by littlebird
Fri Jul 22, 2016 8:00 pm
Forum: Personal Consumer Issues
Topic: What really happens to people who run out of their money in retirement
Replies: 61
Views: 8871

Re: What really happens to people who run out of their money in retirement

Here's one real world example - my grandmother ran out of money around age 90 and needed medical care beyond what her children or grandchildren were able to provide. She moved into a nursing home, her house was sold and proceeds went to the nursing home. Her SS check goes to the nursing home. My mo...
by littlebird
Fri Jul 22, 2016 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Early retirees, how much did you leave on the table?
Replies: 202
Views: 14765

Re: Early retirees, how much did you leave on the table?

Nothing. Retiring young gave me such a delightful life that I didn't need to spend much to fulfill myself. I know that had I worked until the average retirement age, I would have spent much more, in order to answer the nagging question: "what am I working for (if not to spend some money?) and c...
by littlebird
Fri Jul 22, 2016 10:08 am
Forum: Personal Consumer Issues
Topic: Higher deductible on Homeowner policy?
Replies: 11
Views: 729

Re: Higher deductible on Homeowner policy?

Having a high deductible and covering the cost of a claim yourself has the advantage of cutting out the middleman. When a windstorm came through my neighborhood and almost everyone needed a roofer, I got my roof repaired in a day or so because I didn't have to wait for an assessor from the backed-up...
by littlebird
Thu Jul 21, 2016 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had a POA rejected? [Power of Attorney]
Replies: 25
Views: 1485

Re: Anyone had a POA rejected?

Like pretty much everything else, increased fraud and abuse in this area has been ruining things for honest people who are just trying to handle the financial affairs of a family member. passed. You're probably right that increased fraud and abuse are part of the problem, but I have reason to belie...
by littlebird
Thu Jul 21, 2016 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had a POA rejected? [Power of Attorney]
Replies: 25
Views: 1485

Re: Anyone had a POA rejected?

they just require a large amount of supplementary documentation to underwrite the legitimacy of the document, specifically to show that the POA has not been revoked and replaced This sounds a bit like having to prove a negative. Can you give an example of how one might do this? Schwab called our ho...
by littlebird
Thu Jul 21, 2016 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had a POA rejected? [Power of Attorney]
Replies: 25
Views: 1485

Re: Anyone had a POA rejected? [Power of Attorney]

In a recent estate planning update my attorney said NOT to file the POA forms for each account for myself, to have it there just in case. She said that things change and one would have to prove that it was still valid, and go around updating the identity of the AIF. Perhaps because she was a lawyer...
by littlebird
Thu Jul 21, 2016 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had a POA rejected? [Power of Attorney]
Replies: 25
Views: 1485

Re: Anyone had a POA rejected? [Power of Attorney]

With the increases in the elderly population, many states have addressed POA's in recent years. My suggestion is that everyone on one side or the other revisit the topic. At least some states do now require banks and other institutions accept the POA that conforms to specific state guidelines. Howe...
by littlebird
Thu Jul 21, 2016 6:37 pm
Forum: Personal Consumer Issues
Topic: What really happens to people who run out of their money in retirement
Replies: 61
Views: 8871

Re: What really happens to people who run out of their money in retirement

I've always wondered why this is a stereotype. Dog food is not that cheap compared to some of the relatively wholesome "human" foods you listed! My dog eats mid-range dry food (e.g. Beneful), and I've always thought I could save $ if I was willing to take the time to make food for him out...
by littlebird
Thu Jul 21, 2016 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had a POA rejected? [Power of Attorney]
Replies: 25
Views: 1485

Re: Anyone had a POA rejected?

I have had to jump through at least one hoop with every financial institution I had to deal with on my spouse's IRA with a POA. I found Vanguard to be the least cooperative, although we'd been their customers for decades. Our local b&m bank was best, although they wanted my spouse to sign off on...
by littlebird
Wed Jul 20, 2016 11:12 am
Forum: Personal Consumer Issues
Topic: Stinky Washing Machine [SOLVED]
Replies: 44
Views: 4228

Re: Stinky Washing Machine

The machine and matching dryer are 20+ years old. I think it's time to buy a new machine and dryer. Why do both have to be replaced when one goes? The new dryers are not better, they're essentially the same as they were 20 years ago (as far as I can see) . Manufacturers like to encourage us to see ...
by littlebird
Tue Jul 19, 2016 4:47 pm
Forum: Personal Consumer Issues
Topic: How much are these microscopes worth and what should I do with them?
Replies: 15
Views: 1239

Re: How much are these microscopes worth and what should I do with them?

I posted a ton of my spouse's computer and ham radio gear on our local Freecycle website. A high school teacher and some students came and got them and were very grateful. (Google if you never heard of it)
by littlebird
Mon Jul 18, 2016 8:38 pm
Forum: Personal Consumer Issues
Topic: HOA Swimming Pool Trespassing Issue
Replies: 100
Views: 7000

Re: HOA Swimming Pool Trespassing Issue

How about allowing the neighborhood kids in 1 or 2x a month for an "open" swim. Once they know some of your residents as individuals, they may be ashamed to trespass.

I strongly agree with the attractive nuisance post, though.
by littlebird
Sat Jul 16, 2016 12:59 am
Forum: Investing - Help with Personal Investments
Topic: No automatic exchanges in VG brokerage accounts?
Replies: 6
Views: 569

Re: No automatic exchanges in VG brokerage accounts?

But I can't automate this, right? I need to put it on my calendar every 2 or 4 weeks, etc. And kill a day or two while it slowly settles, etc. Are all brokerage accounts like this? I have always just done DCA -- but typically with "new" money which VG of course still allows. As far as I k...
by littlebird
Fri Jul 15, 2016 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Moving More Money into Cash as Retirement Gets Closer
Replies: 18
Views: 1919

Re: Moving More Money into Cash as Retirement Gets Closer

For the first 27 or so years of our retirement, our S.S. and modest pension covered all of our normal expenses and we kept $5000 in the checking account, with the remainder of our assets in stocks, bonds and some CDs. When it looked like we'd need a new car soon, we let the checking account build up...
by littlebird
Fri Jul 15, 2016 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Elderly care financial questions
Replies: 8
Views: 585

Re: Elderly care financial questions

Yeah I know, more of a timing issue at this point. Cna wants 10 days to reach a decision. She's ended up at the local police station the last few days because shes getting lost/confused and we don't have any way to prevent her from leaving. Don't want to move her somewhere only to have to move agai...
by littlebird
Fri Jul 15, 2016 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Elderly care financial questions
Replies: 8
Views: 585

Re: Elderly care financial questions

Follow RudyS's advice. There's no way to advise you without knowing how much, if anything, her LTC will pay to that type of facility. They are interested in maximizing that amount, just as you are. You can't make any further decisions without this info.
by littlebird
Thu Jul 14, 2016 6:48 pm
Forum: Investing - Theory, News & General
Topic: "How saving too much can make your retirement less satisfying"
Replies: 52
Views: 7561

Re: "How saving too much can make your retirement less satisfying"

. As the years went by and our stash increased greatly, we continued to be careful, but the pleasure element dropped away. In fact, it started to feel like an ego trip. We then made a conscious decision that we could "allow" ourselves some of the types of "luxuries" that would a...
by littlebird
Thu Jul 14, 2016 11:16 am
Forum: Investing - Help with Personal Investments
Topic: How do you rollover mutual funds to Bank CDs?
Replies: 9
Views: 773

Re: How do you rollover mutual funds to Bank CDs?

You go the chosen bank and tell them what you want. You sign some papers and they'll take it from there and notify you when the transfer is accomplished, At least that was my experience last year when moving my spouse's IRA from Vanguard to one of my local B&M bank's CDs. They want your money an...
by littlebird
Thu Jul 14, 2016 11:07 am
Forum: Investing - Theory, News & General
Topic: "How saving too much can make your retirement less satisfying"
Replies: 52
Views: 7561

Re: "How saving too much can make your retirement less satisfying"

Early in our (early) retirement we found a certain pleasure in being frugal about the non-fundamentals of our retirement plan. As the years went by and our stash increased greatly, we continued to be careful, but the pleasure element dropped away. In fact, it started to feel like an ego trip. We the...

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