Search found 1083 matches

by neilpilot
Sat Dec 09, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Danger of being a helicopter pilot?
Replies: 37
Views: 3121

Re: Danger of being a helicopter pilot?

Excellent advice here. However, I'm concerned with the information that OP is being given. You cannot fly for pay on a Private Pilot Certificate, be it fixed wing or rotary. You need at least a Commercial Certificate. You can easily verify this at the FAA's website. So if the "boss" is telling you ...
by neilpilot
Sat Dec 09, 2017 11:04 am
Forum: Personal Consumer Issues
Topic: Fuel Additives for 2017 Toyota Camry
Replies: 42
Views: 1843

Re: Fuel Additives for 2017 Toyota Camry

Where do you think Kroger gets their gas? The Kroger refinery? Kroger stores source their gas from multiple places. You could be getting top tier, but you might not be. Actually, in many locations Kroger deliveries always come from the same facility. Alternate facilities would incur excessive trans...
by neilpilot
Sat Dec 09, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: Anyone try YourMechanic ?
Replies: 38
Views: 5425

Re: Anyone try YourMechanic ?

stemikger wrote:
Sat Dec 09, 2017 9:38 am
I think this service would help me. Does anyone know if they operate in New York. Also, I don't have the space to do it at my home. Do they bring your car to a local spot if needed?
I assume you can find this out yourself? https://www.yourmechanic.com/city
by neilpilot
Sat Dec 09, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Deferring First RMD
Replies: 16
Views: 758

Re: Deferring First RMD

I’m not entirely clear on your proposed game plan. The way I read it, you seem to be wanting to protect the $55k from RMDs by rolling it into the 401k. But 401k’s are subject to RMDs when the holder turns RMD age. So i’m not sure what you expect to gain. I'm also unclear about what the question is,...
by neilpilot
Wed Dec 06, 2017 3:03 pm
Forum: Personal Consumer Issues
Topic: Least/Most Reliable Carmakers Today
Replies: 31
Views: 1897

Re: Least/Most Reliable Carmakers Today

CR's reliability ratings are vastly different. For example, CR rates Kia as the third most reliable model, just behind Toyota and Lexus, while OP's rating system has Kia rated near bottom. https://www.consumerreports.org/car-reliability-owner-satisfaction/car-brands-reliability-how-they-stack-up/ S...
by neilpilot
Wed Dec 06, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: IRMAA and High Income & Taxes
Replies: 3
Views: 654

Re: IRMAA and High Income & Taxes

kaneohe wrote:
Wed Dec 06, 2017 1:09 am
The Wizard wrote:
Tue Dec 05, 2017 8:56 pm
So do you have a question here?
Just answering OP's question (assumption) from a closed thread that had more heat than light.
Why start a new thread to answer this again? It was clearly answered in the closed thread, by jebmke (reference Tue Dec 05, 2017 at 10:51 am)
by neilpilot
Tue Dec 05, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 25798

Re: Why not take Social Security at 62

You want to prepare for 75% cut in social security and the market tanking by 75% and the inflation going up by 10% every year and the interest rates staying in low 2%, medicare going away and being in long terms care facility for 30 years; is there anything else you need to be ready for? is that wo...
by neilpilot
Mon Dec 04, 2017 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Umbrella liability insurance policy to match portfolio size?
Replies: 30
Views: 2627

Re: Umbrella liability insurance policy to match portfolio size?

A few thoughts: [1] When you adjust the underlying limits of your auto & homeowner to meet the particular umbrella policy requirements, you may need to raise or low your other policy limits. It depends. [2] The amount of excess liability (i.e. Umbrella) coverage you want or need should match not onl...
by neilpilot
Mon Dec 04, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance when assets mainly in trusts
Replies: 34
Views: 1627

Re: Umbrella insurance when assets mainly in trusts

Buy your auto and renters/homeowners insurance with the same carrier and you will get a discount on the umbrella liability. However, the discount doesn't necessarily mean your overall cost will be lower than separate auto & home carriers, and then umbrella with either one. I saved a few hundred by ...
by neilpilot
Sat Dec 02, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Maximizing 2017 deductions, further questions
Replies: 3
Views: 278

Re: Maximizing 2017 deductions, further questions

Guess we got lucky, since we alternate and have itemized only in odd years. With no mortgage and annual deductions that only exceed the standard by about $5k, I've been doubling up on many of our deductions every other year to save hundreds on income tax. For example, paid 2016 property tax in Jan 2...
by neilpilot
Fri Dec 01, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: I'm 100% international with VEU. Is this wise?
Replies: 57
Views: 3052

Re: I'm 100% international with VEU

Just a statement, with no direct or implied question. Certainly doesn't seem actionable.
by neilpilot
Thu Nov 30, 2017 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Scottrade pain coming...
Replies: 18
Views: 3052

Re: Scottrade pain coming...

For the past 2 years we've had all 5 of our accounts with Scottrade. I normally have very few transactions, but coincidentally I'm now in the process of a significant allocation change to lower my equity:bond ratio. The reallocation across all accounts involves 23 transactions, 10 mutual funds and ...
by neilpilot
Thu Nov 30, 2017 10:03 am
Forum: Personal Consumer Issues
Topic: Problems with Medical Alert
Replies: 8
Views: 541

Re: Problems with Medical Alert

I maybe in the minority, but I think that a refund of $400 for a $550 annual service that you have had a few months sounds fair. Irrespective of any contract.
by neilpilot
Thu Nov 30, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Invest or pay off mortgage?
Replies: 77
Views: 5940

Re: Invest or pay off mortgage?

One other thing to look at, if you itemize deductions, is the spread between the standard deduction and your itemized deduction. If the spread is less than what the mortgage interest would be next year, then your tax benefit from keeping the mortgage maybe less than you thought. Here's one other pos...
by neilpilot
Wed Nov 29, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Claim S.S. and Invest it
Replies: 13
Views: 1960

Re: Claim S.S. and Invest it

Politics aside, I consider my SS to be relatively low risk, more akin to a bond investment than equities. There's no way I would consider investing early SS payments in equity as an alternative to the annuity-like value of claiming SS at FRA or later.
by neilpilot
Wed Nov 29, 2017 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: May you rebalance before the correction and...
Replies: 24
Views: 2695

Re: May you rebalance before the correction and...

Maybe you mean "reallocate", as in lower your equity percentage, rather than "rebalance"? What you suggest would be market timing, no? I guess it depends on why you do it. I retired in 3Q15, and at that point went from 95% equity, 5% bonds to 75% equity. Then, a couple moths ago, I lowered my overa...
by neilpilot
Wed Nov 29, 2017 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: May you rebalance before the correction and...
Replies: 24
Views: 2695

Re: May you rebalance before the correction and...

Maybe you mean "reallocate", as in lower your equity percentage, rather than "rebalance"?
by neilpilot
Wed Nov 29, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 25798

Re: Why not take Social Security at 62

I am 64 and not taking SS. My DW is 61. I fell in under the wire for the ability to take spousal benefits since I was born in 1953. We plan on her applying at 63, and I will collect half of her FRA until I switch over to my benefit at 70. This scenario will work well for us since our earnings were ...
by neilpilot
Wed Nov 29, 2017 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Invest or pay off mortgage?
Replies: 77
Views: 5940

Re: Invest or pay off mortgage?

Does you investment allocation include equity & bonds? I'd do the mortgage payoff, consider it a form of bond investment, and increase your portfolio's equity-to-bond ratio to offset the payoff. OP says "I...like the idea of accumulating more wealth". Obviously, a mortgage payoff is one way to incre...
by neilpilot
Tue Nov 28, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: My Plan for Roth Conversion in December - Does This Make Sense?
Replies: 7
Views: 489

Re: My Plan for Roth Conversion in December - Does This Make Sense?

I'm really not interested in doing all the "leapfrog" stuff - too complicated. I want to keep it simple. I think recharacterizing an over-conversion before 4/15/18 is pretty simple. I did a recharacterization a few yrs. ago and it wasn't a problem. I really can't "model" last year's taxes to determ...
by neilpilot
Mon Nov 27, 2017 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Avoid tax on Roth earnings
Replies: 9
Views: 942

Re: Avoid tax on Roth earnings

Thank you all for your replies, which essentially confirms my understanding of how the conversion of tIRA-to-Roth funds are handled. I edited my original post to indicate that the funds are "converted" and not "re-characterized". In my case, I'm reasonably sure that "marginal tax rate" will equal "t...
by neilpilot
Mon Nov 27, 2017 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Avoid tax on Roth earnings
Replies: 9
Views: 942

Avoid tax on Roth earnings

First off, I apologize since I know this is often discussed. Even though I've read other threads and the Wiki, I still feel the need to confirm I understand how converting tIRA funds to Roth works. In 2018, I expect to drop into the 15% marginal bracket and return to 25% (no tax law change assumed) ...
by neilpilot
Mon Nov 27, 2017 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Prepaying property taxes
Replies: 12
Views: 1300

Re: Prepaying property taxes

Does anyone pay ahead on Real estate Taxes to an advantage? I am a novice in this regard and have never done this. Both my county & local real estate tax bills are issued annually near the end of the 3rd quarter. The county tax for 2017 is marked due 2/28/18. The local 2017 tax is due 12/1/17 but a...
by neilpilot
Mon Nov 27, 2017 11:17 am
Forum: Personal Consumer Issues
Topic: overseas vacation questions
Replies: 22
Views: 1411

Re: overseas vacation questions

If you turn off your water (and you should) make sure you also turn off your water heater especially a tank model. I've seen many people burn up their water heaters while on vacation because something used up the water in the pipes. Many people have burned up their water heaters :!: OTOH in many ar...
by neilpilot
Mon Nov 27, 2017 9:07 am
Forum: Personal Consumer Issues
Topic: overseas vacation questions
Replies: 22
Views: 1411

Re: overseas vacation questions

7. Download offline google maps for the areas you'll be traveling to. I did this for my last trip to Costa Rica and was able to do turn by turn GPS routing through the entire country of Costa Rica on my phone without ever leaving airplane mode or turning on data roaming. This works on the google ma...
by neilpilot
Sun Nov 26, 2017 8:15 am
Forum: Investing - Help with Personal Investments
Topic: if you could use only 1 investment firm...
Replies: 79
Views: 4858

Re: if you could use only 1 investment firm...

If my money at Vanguard was not all taxable I would so be gone. Why can't you transfer the taxable account in kind? I don't understand why that presents a problem. Please elaborate. Even if it's Admiral funds that can't transfer then many holdings could be converted tax-free to ETFs. Even Admiral f...
by neilpilot
Sat Nov 25, 2017 9:02 pm
Forum: Personal Consumer Issues
Topic: VW passat engine light is on
Replies: 8
Views: 585

Re: VW passat engine light is on

Autozone (and possibly other parts chains) will usually test for free. No need to buy any parts, but be aware that they may try to sell you a part based on the code. Sometimes that part will not be required, i.e. a code might say O2 sensor when the sensor isn't the problem. Get a list of the codes, ...
by neilpilot
Sat Nov 25, 2017 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: if you could use only 1 investment firm...
Replies: 79
Views: 4858

Re: if you could use only 1 investment firm...

MrPotatoHead wrote:
Sat Nov 25, 2017 8:37 pm

If my money at Vanguard was not all taxable I would so be gone.
Why can't you transfer the taxable account in kind? I don't understand why that presents a problem. Please elaborate.
by neilpilot
Fri Nov 24, 2017 3:06 pm
Forum: Personal Consumer Issues
Topic: Hooking up Light without a plug point
Replies: 7
Views: 720

Re: Hooking up Light without a plug point

I;m sure a solar powered lantern, as mentioned by DSInvestor, would work great in your pantry. All you'd need to do is take it outside to recharge. :oops: We purchased a very inexpensive light for our entrance way closet: https://www.amazon.com/gp/product/B01MRIHBI0/ref=oh_aui_detailpage_o03_s00?ie=...
by neilpilot
Fri Nov 24, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 9186

Re: Regrets for taking SS at 62 or waiting?

My wife took ss early. I was sort of against it, but it was her business. I had a surprise opportunity to sell a farm later on favorable terms. I regret not knowing that she could suspend ss. We are too young to know if it would have paid off, but I think it was a good strategy for us to invest in ...
by neilpilot
Fri Nov 24, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: if you could use only 1 investment firm...
Replies: 79
Views: 4858

Re: if you could have only 1 investment firm...

R U serious? You are asking this question on a forum dedicated to Vanguard? :oops: ... I didn't know this forum was dedicated to Vanguard. Do I need to drop out? When we retired, we consolidated all of our accounts (Fidelity, ML & Vanguard) into accounts at Scottrade. The total new account bonus co...
by neilpilot
Fri Nov 24, 2017 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Chevron retiree Medigap question
Replies: 6
Views: 650

Re: Chevron retiree Medigap question

As I understand it, Medigap policies are not part of the annual open enrollment the same way Part D policies are. So do nothing. But even regarding Part D, unless your particularly policy is no longer offered, if you don't want to change you can also skip the enrollment. Your existing policy will re...
by neilpilot
Fri Nov 24, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Job Downsizing Question, HELP!
Replies: 18
Views: 1474

Re: Job Downsizing Question, HELP!

You didn't ask this, but one thing to consider is that new employers often base their starting salary based on what you were making before. Therefore, I would try to find a job before the end of the year before your salary reduction goes into effect. How does the new employer know what you are maki...
by neilpilot
Fri Nov 24, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 9186

Re: Regrets for taking SS at 62 or waiting?

Victoria stated, Note that the period from early retirement to the commencement of the Social Security is an excellent opportunity for making Roth conversions. In that case, drawing down from a non-Roth retirement account each year accomplishes the same purpose. If the amounts either Roth converted...
by neilpilot
Fri Nov 24, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Job Downsizing Question, HELP!
Replies: 18
Views: 1474

Re: Job Downsizing Question, HELP!

I'm not a lawyer, but you should look into whether this pay cut and change in title can be considered a "constructive dismissal," which means that the company is effectively firing you without formally doing so. It won't mean you're entitled to a severance package, but you could receive unemploymen...
by neilpilot
Fri Nov 24, 2017 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Should I Pay Off My Mortgage When I Retire?
Replies: 24
Views: 1209

Re: Should I Pay Off My Mortgage When I Retire?

It's common for those with mortgage interest, when calculating their taxes, to itemize deductions vs taking the standard deduction. Often they end up with a small difference between the amount itemized and the standard deduction. We decided to pay off our mortgage on retirement. That ended our bank'...
by neilpilot
Thu Nov 23, 2017 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Job Downsizing Question, HELP!
Replies: 18
Views: 1474

Re: Job Downsizing Question, HELP!

No contract in place. They are acting like it's a favor that they are saving my job since I'm "such an asset" and no severance was offered. The severance is actually fairly decent though and I feel I'd come out ahead and with a better job if I could get the package. Obviously it's a risk though. Pa...
by neilpilot
Thu Nov 23, 2017 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Job Downsizing Question, HELP!
Replies: 18
Views: 1474

Re: Job Downsizing Question, HELP!

I assume that there's no contract in place. Will you face an immediate pay cut?

You make the decision weather or not to accept the pay cut. If you decide to decline this reduction in pay, you would typically be removed from your position with severance pay.
by neilpilot
Thu Nov 23, 2017 8:32 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 308
Views: 22243

Re: To take or not to take delivery of Tesla 3

How is the 200k'th delivery get counted? I just read the 3rd quarter update and they marked the 250,000th delivery. http://files.shareholder.com/downloads/ABEA-4CW8X0/5605378034x0x962149/00F6EB90-2695-44E6-8C03-7EC4E06DF840/TSLA_Update_Letter_2017-3Q.pdf I haven't seen anything official regarding T...
by neilpilot
Thu Nov 23, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software
Replies: 123
Views: 9662

Re: H&R Block Software

Ha! I tried hrblock.com twice in the past 3 minutes. Once the price was $44.95 and once it was $27.48. Go figure. Just to confirm, you used this link: https://www.hrblock.com/tax-software/?otppartnerid=9302&campaignid=af_mcm_9302_0001&PID=2210202&AID=12833048 I've tried it several times, and always...
by neilpilot
Thu Nov 23, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software
Replies: 123
Views: 9662

Re: H&R Block Software

Thanks for the link. Too late now as it is $44.95 https://www.hrblock.com/tax-software/ But I will watch for sale. Unless you need that AmEx credit, why not just use the OP's link? That's a decent price. PC Download price for Deluxe on Amazon is $34.99 How is that better than the $27.48 offer at OP...
by neilpilot
Thu Nov 23, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 9186

Re: Regrets for taking SS at 62 or waiting?

The current SS discussion has made me curious. Can we hear from those of you who are collecting SS and whether you feel, for your situation, that you made the right decision to claim early or wait? Not sure if I qualify to response, but I do think I made the right decision. I'm not collecting until...
by neilpilot
Thu Nov 23, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software
Replies: 123
Views: 9662

Re: H&R Block Software

Thanks for the link. Too late now as it is $44.95 https://www.hrblock.com/tax-software/ But I will watch for sale. Unless you need that AmEx credit, why not just use the OP's link? That's a decent price. PC Download price for Deluxe on Amazon is $34.99 How is that better than the $27.48 offer at OP...
by neilpilot
Thu Nov 23, 2017 9:35 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software
Replies: 123
Views: 9662

Re: H&R Block Software

student wrote:
Thu Nov 23, 2017 8:08 am

Thanks for the link. Too late now as it is $44.95 https://www.hrblock.com/tax-software/
But I will watch for sale.
Unless you need that AmEx credit, why not just use the OP's link? That's a decent price.
by neilpilot
Wed Nov 22, 2017 10:28 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 308
Views: 22243

Re: To take or not to take delivery of Tesla 3

Tesla starts asking customers, who are not employees of Tesla or Tesla-related companies, to design their model 3s today. Tesla estimates a 4-week waiting period before delivery. It's still an unknown issue if the federal $7500 credit will disappear by the end of 2017. Can I assume you mean 2018? T...
by neilpilot
Wed Nov 22, 2017 10:12 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 308
Views: 22243

Re: To take or not to take delivery of Tesla 3

Tesla starts asking customers, who are not employees of Tesla or Tesla-related companies, to design their model 3s today. Tesla estimates a 4-week waiting period before delivery. It's still an unknown issue if the federal $7500 credit will disappear by the end of 2017. Can I assume you mean 2018? T...
by neilpilot
Wed Nov 22, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care policy advice
Replies: 9
Views: 772

Re: Long term care policy advice

This is purely a personal decision. We bought our LTCi in 2008 and the premium has steadily gone up. We (age 65 and 61) are paying UNUM $380 a month for a $6,000 per month coverage for each of us. Every year we ask ourselves whether we want to keep the coverage or not and every year, we elect to ke...
by neilpilot
Wed Nov 22, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Help DW gets fired, but then next day her boss offers her job back
Replies: 156
Views: 12021

Re: Help DW gets fired, but then next day her boss offers her job back

Wait...she recently returned from maternity leave? Back to what I asked before about whether or not she is in a protected class. She is. She has a EEOC discrimination claim, if she wants to pursue it. As someone who knows a bit about EEO (my spouse is an EEO investigator), based on what the OP has ...
by neilpilot
Wed Nov 22, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care policy advice
Replies: 9
Views: 772

Re: Long term care policy advice

This is purely a personal decision. We bought our LTCi in 2008 and the premium has steadily gone up. We (age 65 and 61) are paying UNUM $380 a month for a $6,000 per month coverage for each of us. Every year we ask ourselves whether we want to keep the coverage or not and every year, we elect to ke...
by neilpilot
Wed Nov 22, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Help DW gets fired, but then next day her boss offers her job back
Replies: 156
Views: 12021

Re: Help DW gets fired, but then next day her boss offers her job back

Wait...she recently returned from maternity leave? Back to what I asked before about whether or not she is in a protected class. She is. She has a EEOC discrimination claim, if she wants to pursue it. As someone who knows a bit about EEO (my spouse is an EEO investigator), based on what the OP has ...