Search found 581 matches

by supersharpie
Sun Feb 07, 2016 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can a minor child sue former guardians for theft once they turn 18
Replies: 24
Views: 2654

Re: Can a minor child sue former guardians for theft once they turn 18

I am confused. OP is asking about whether she/he can sue, and says he can't afford an attorney. Yet at the same time, the OP refers to testimony taken from the grandfather in numerous depositions. How can you have depositions without some kind of litigation / court action? I think OP lost her legal...
by supersharpie
Sun Feb 07, 2016 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Can a minor child sue former guardians for theft once they turn 18
Replies: 24
Views: 2654

Re: Can a minor child sue former guardians for theft once they turn 18

Twins Fan wrote:Could be... she's trying a different angle to get advice?


Perhaps, Mom also may be trying to force the child into a legal battle he or she doesn't want to fight. Hopefully the poster can provide a reasonable explanation.
by supersharpie
Sun Feb 07, 2016 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Can a minor child sue former guardians for theft once they turn 18
Replies: 24
Views: 2654

Re: Can a minor child sue former guardians for theft once they turn 18

From the link LG posted, it seems meg is the mom and made that post a few years ago and now one of her 4 children found this forum and account somehow to make this new post?? My best guess anyway. From reading the posts, mom turning everything over to grandfather, and grandfather becoming guardian ...
by supersharpie
Sun Feb 07, 2016 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Can a minor child sue former guardians for theft once they turn 18
Replies: 24
Views: 2654

Re: Can a minor child sue former guardians for theft once they turn 18

This all sounds rather implausible. The bit about Social Security appointing the grandfather as his grandchildren's representative payee is particularly dubious. The agency would only have taken that action if the mother's parental rights had been terminated, had been convicted of certain felony off...
by supersharpie
Sun Feb 07, 2016 5:46 am
Forum: Investing - Help with Personal Investments
Topic: I Lost My FInancial Brain - Please Help
Replies: 73
Views: 6224

Re: I Lost My FInancial Brain - Please Help

Beehumble, my condolences. Be aware that you are eligible for Social Security survivor benefits on your wife's record the month you turn 60. Survivors are often, though not always, best served by taking this benefit first and delaying taking their own Social Security retirement until they turn 70. B...
by supersharpie
Wed Feb 03, 2016 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Clueless college new grad 22 yo, 200k income looking to start saving
Replies: 143
Views: 11171

Re: Clueless college new grad 22 yo, 200k income looking to start saving

Some unsolicited and perhaps unappreciated advice: Don't spend a lot on your wedding. "A lot" depends on how much money you have. Of course, it's your money, and you can spend it any way you want. And weddings are, in theory, great things: you get friends and family together to celebrate ...
by supersharpie
Wed Feb 03, 2016 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Clueless college new grad 22 yo, 200k income looking to start saving
Replies: 143
Views: 11171

Re: Clueless college new grad 22 yo, 200k income looking to start saving

Hi guys, I'm new to this community, and would appreciate some advice regarding personal finances and investing. I am 22 years old, one year out of college, and currently living in the SF Bay Area. Right now, I make 180k+ with my primary employer and 20k+ consulting for a startup. After tax, I take ...
by supersharpie
Tue Feb 02, 2016 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Silent Investor Owed Lots of Money
Replies: 33
Views: 2357

Re: Silent Investor Owed Lots of Money

Sounds like a storyline to an episode of American Greed.
by supersharpie
Tue Feb 02, 2016 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Friend is an Edward Jones financial advisor -- should I drop him?
Replies: 51
Views: 5207

Re: Friend is an Edward Jones financial advisor -- should I drop him?

Mixing friendship and money generally leads to regret. You don't need advisor; just stick to Bogleheads tenets and manage your own finances.
by supersharpie
Sun Jan 24, 2016 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Think my future father in law is giving the wrong advice to my fiance..what should i do?
Replies: 111
Views: 9098

Re: Think my future father in law is giving the wrong advice to my fiance..what should i do?

Hey everyone, In a bit of a jam here and don't want to rock the boat with my future father in law. I set up my fiances 403b options around January of last year following simple bogleheads philosophy. Her 403b is offered through Fidelity and I set her up with two funds, Spartan Total Market Index Fu...
by supersharpie
Sat Jan 23, 2016 11:45 am
Forum: Investing - Theory, News & General
Topic: VFIDX up .83% in one day?
Replies: 41
Views: 4054

Re: VFIDX up .83% in one day?

Call_Me_Op wrote:As slutz suggested, they may be dabbling in some bonds below IG.


Typo alert! :-)
by supersharpie
Thu Jan 21, 2016 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Social security restricted spousal benefits - does my husband need to know?
Replies: 31
Views: 2190

Re: Social security restricted spousal benefits - does my husband need to know?

SSA reps are required to contact the spouse to confirm the 10 year duration of marriage requirement has been met. However, if they unarchive your husband's retirement claim and he acknowledged he was currently married to you at the time, that may be sufficient. This assumes you were married for at l...
by supersharpie
Mon Jan 18, 2016 10:00 am
Forum: Investing - Help with Personal Investments
Topic: I can sleep at night but it is on my mind a lot
Replies: 60
Views: 3376

Re: I can sleep at night but it is on my mind a lot

I thank you again for the encouraging words. I guess my goal was to live from my interest and at death still have what I had the day I retired. Lol I knw that may sound strange but that was what I work to accomplish. I hope with in the 8 years or so stocks will rebound and things start to look bett...
by supersharpie
Thu Jan 14, 2016 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Dementia/Alzheimer's (spouse)
Replies: 36
Views: 3790

Re: Dementia/Alzheimer's (spouse)

Most, if not all, long term carriers require that those approved for insurance payments file for Social Security disability. However, once he turns 66 he can suspend his benefits to accrue Delayed Retirement Credits (DRCs) until he turns 70. This means he will still have the option of earning his ma...
by supersharpie
Tue Jan 05, 2016 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: How has your Salary performed against inflation?
Replies: 59
Views: 5013

Re: How has your Salary performed against inflation?

My salary has increased by approximately 285% since I started my first full-time job upon graduating from college in May 2006.

My wife's total compensation has increased by around 250% during the same period.
by supersharpie
Sun Dec 20, 2015 7:00 am
Forum: Personal Finance (Not Investing)
Topic: can i reasonably expect to retire at 62...
Replies: 36
Views: 4611

Re: can i reasonably expect to retire at 62...

With 70+ % in stocks as you approach retirement (with little margin for error), you are at the mercy of the stock market. A crash could drastically alter your plans. Really? Even if he only needs to generate ~$750 a month after his first three years of retirement? Even with a 2008 style crash I thi...
by supersharpie
Sun Dec 20, 2015 6:57 am
Forum: Personal Finance (Not Investing)
Topic: can i reasonably expect to retire at 62...
Replies: 36
Views: 4611

Re: can i reasonably expect to retire at 62...

bogleheads, please weigh in on my situation: 58 years old, single, currently maxing out 24k to 401k with 1k company match, also 6500/yr to roth; no pension, ss at 62 ~1800/mo, ss @ 65 ~1950/mo; 68k left on mortgage @ 3% (wont have it paid off till 66-67) job as IT consultant is 'somewhat' stable, b...
by supersharpie
Thu Dec 17, 2015 10:29 am
Forum: Personal Finance (Not Investing)
Topic: child d(x) potentially exclude from life ins
Replies: 29
Views: 2644

Re: child d(x) potentially exclude from life ins

When your child grows up and gets their own treatment and diagnostic as an adult, do you want to be remembered as the parent who interfered with their doctor's advice and risked their wellbeing? This has certainly happened to other parents. Yes, I don't think OP's son is going to be receptive to th...
by supersharpie
Thu Dec 17, 2015 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Wellesley Income
Replies: 9
Views: 1251

Re: Wellesley Income

Soli wrote:Does yesterday's Wellesley Income price dip indicate that this is an especially good time to buy?

Do you expect the price to bounce back up quickly or is this a good time to buy Adm shares?

Thanks!


No, it reflects the payment of the fund's quarterly dividend.
by supersharpie
Tue Dec 15, 2015 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: child d(x) potentially exclude from life ins
Replies: 29
Views: 2644

Re: child d(x) potentially exclude from life ins

We have a doubt and are wondering if it is unfounded. I am NOT asking for medical advice and think we have adequate care from our providers. The question is, has anyone had their child get diagnosed with something that exempts them from getting life insurance down the line? According to some googli...
by supersharpie
Thu Dec 10, 2015 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford a 350K home in Florida?
Replies: 33
Views: 3007

Re: Can we afford a 350K home in Florida?

obgyn65 wrote:I would say no.


Please explain how a couple making close to a quarter million dollars cannot afford a 350k home.
by supersharpie
Tue Nov 24, 2015 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: How One Calculates 25 Times Income for Retirement Needs
Replies: 12
Views: 1999

Re: How One Calculates 25 Times Income for Retirement Needs

Oh yes, that's right, but the gist of my question is how to calculate since the income needed changes - it's not one flat income required for 30 years, it graduates downward as I would collect no social security, then spousal, then at 70. Remember, you only have the option to restrict your Social S...
by supersharpie
Thu Nov 05, 2015 4:38 pm
Forum: Investing - Theory, News & General
Topic: John Bogle looking at stock valuations?
Replies: 48
Views: 4243

Re: John Bogle looking at stock valuations?

How accurate have Mr. Bogle's prior market prognostications been?

I personally am taking his rather pessimistic prediction with a huge grain of salt. No one can precisely predict the future.
by supersharpie
Thu Oct 29, 2015 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to SS regulations in new funding bill...
Replies: 154
Views: 10053

Re: Changes to SS regulations in new funding bill...

Can a much lower income spouse file at her FRA and receive her FRA benefits until her spouse files for his benefits at age 70 and then get 1/2 of his FRA benefits? Yes. No, not exactly. She will only receive the difference between 50% of his FRA benefits and her own FRA benefit. So, if he was eligi...
by supersharpie
Wed Oct 28, 2015 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to SS regulations in new funding bill...
Replies: 154
Views: 10053

Re: Changes to SS regulations in new funding bill...

I can see why Congress considers this a "loophole." Only informed or wealthier constituents were taking advantage of it. Even Kotlikoff notes in his book that one of the unfair aspects of Social Security is that only people who know the rules benefit from the rules. This leaves everybody ...
by supersharpie
Tue Oct 27, 2015 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Should I increase the rate at which I'm saving up for retirement?
Replies: 36
Views: 3085

Re: Should I increase the rate at which I'm saving up for retirement?

My package consists of 4 pensions (2 social security + 2 employer) but all pensions total to a smallish number around $10,000 per year in today's dollars. The majority is in 401(k) and Roth IRA (about $110,000 per year), with about a 50/50 split between the two. Any company bankruptcy would have a ...
by supersharpie
Tue Oct 27, 2015 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Uncertainty as Federal Employee
Replies: 54
Views: 4440

Re: Uncertainty as Federal Employee

The value of a 100% of final salary pension in a 4% discount rate world is very high. This is a bit misleading. Government pensions tend to be generous, true. However, very few people get pension that's 100% of their final salary. For one thing, pension is often based on a 3-year highest average co...
by supersharpie
Fri Oct 23, 2015 12:37 pm
Forum: Personal Consumer Issues
Topic: I bought a new (used) car and already having an issue
Replies: 111
Views: 7322

Re: I bought a new (used) car and already having an issue

I purchased the vehicle last night. I had an inspection done and the mechanic said that the back brakes/rotors are wearing out and would need to be replaced next spring. I was okay with that and went ahead and purchased the car. On the way home, I noticed grinding when braking at highway speed. I t...
by supersharpie
Fri Oct 23, 2015 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: SS: Avoiding Part B Increase
Replies: 2
Views: 366

Re: SS: Avoiding Part B Increase

I currently have Medicare insurance but have not signed up for Social Security. I *was* planning to sign up for SS when I reach 66 in early 2016, until I got the news about the pending Part B hike. Can I avoid the 50% hike in SS Part B in 2016 if I sign up to receive SS in late December 2015? (I wo...
by supersharpie
Thu Oct 15, 2015 12:16 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 183
Views: 18848

Re: Selling all equities, discuss why I'm wrong. :)

Hi all, I just wanted to write out my decision for selling all my equity positions yesterday and see what people think. (I'm expecting people to think this was a *bad* decision) A little background: From 2007 until now I was 70% equities, 10% REIT, and 20% bonds. The bonds were half treasuries and ...
by supersharpie
Wed Oct 07, 2015 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 126
Views: 11862

Re: What do you guys do on the side?

surfstar wrote:Wow.

Money isn't everything. Including commas, and lack thereof.

We look forward to spending our time off work, NOT WORKING! :oops:

Sweden is trying out a 6 hour work day. I think they're on to something.


+1
by supersharpie
Wed Oct 07, 2015 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 126
Views: 11862

Re: What do you guys do on the side?

I really have no desire to have a side hustle. I'm under a non-compete with my firm and honestly in order to build a side business up enough to increase my income materially, I'd have to give up so much of my free time. I'd rather spend that time with my wife, going on the boat, fishing or attendin...
by supersharpie
Mon Sep 14, 2015 9:28 pm
Forum: Personal Consumer Issues
Topic: Relocation to Portland, OR -- Housing
Replies: 20
Views: 2099

Re: Relocation to Portland, OR -- Housing

I'm interested in the Portland area as well but am a little concerned about the reports I'm seeing about problems with violent crime. It seems there have been over 100 shootings in the city so far this year. I don't mean to hijack the thread but thought any comments that posters may have on this mi...
by supersharpie
Mon Aug 10, 2015 11:31 am
Forum: Personal Consumer Issues
Topic: Best affordable compact car to buy new?
Replies: 35
Views: 3030

Re: Best affordable compact car to buy new?

I am playing the online negotiation game on the 2015 Civic LX and so far the best I am being offered $17,000, inclusive of all fees except tags and taxes. This may not be the right forum to ask this but, does that seem like a good price? It is $500 less than the best quotes I was being offered throu...
by supersharpie
Sun Aug 09, 2015 11:34 pm
Forum: Personal Consumer Issues
Topic: Best affordable compact car to buy new?
Replies: 35
Views: 3030

Best affordable compact car to buy new?

So, we reconsidered our decision to buy a used car due to the inherent uncertainty over how the car was treated by its previous owner. Furthermore, we plan to drive the car into the ground so the difference in cost per year is negligible. We spent some time pouring over the options this weekend and,...
by supersharpie
Fri Aug 07, 2015 1:28 am
Forum: Personal Consumer Issues
Topic: Best used car for under 15k?
Replies: 40
Views: 3760

Best used car for under 15k?

My wife is presently driving a 1998 Honda Accord and, while it has not been confirmed by a garage, the car appears to be suffering from damage to the transmission. We were planning on buying "new" used cars within the next few years (I drive a 2002 Corolla with 216,000 miles) and decided t...
by supersharpie
Sun Jul 19, 2015 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: How much cash - need help giving advice to mother
Replies: 11
Views: 1181

Re: How much cash - need help giving advice to mother

Just an FYI...your mother's Social Security benefit reaches its max value at age 70, not age 72. Take it from a guy who worked as an SSA CR until last year 8-)
by supersharpie
Sun May 31, 2015 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Your opinion on realistic income to live in a $1 million home?
Replies: 144
Views: 13699

Re: Your opinion on realistic income to live in a $1 million home?

My fiance and I are both 24 years old. We are getting married in July. We are both financially independent. We are both young CPA's and have a combined yearly income of $116,000. Our total liquid cash (savings, bonds, stocks) is $130,000 and with an additional 20,000 in IRAs. We have zero debt. Lon...
by supersharpie
Sun May 31, 2015 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Can my husband retire yet?
Replies: 112
Views: 14784

Re: Can my husband retire yet?

... I don't understand why she tolerates her husband slacking off while she works herself to the bone.... She mentioned in a previous thread she comes from the Philippines. I wonder if there may be cultural differences compared to the U.S. regarding women's roles in marriage. Ah, that may explain a...
by supersharpie
Sun May 31, 2015 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Can my husband retire yet?
Replies: 112
Views: 14784

Re: Can my husband retire yet?

In your 30s making a plan to work full time until 70 is just wishful thinking. Could it happen? Sure. Is it likely? No. You may be pushed out (either outright or your boss makes you life miserable so you quit), may have health reasons, may get burned out, husband may well need care before that, or ...
by supersharpie
Sat May 23, 2015 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Taking out a TSP loan to fund Roth IRA
Replies: 14
Views: 1304

Re: Taking out a TSP loan to fund Roth IRA

I vote no. The deadline for 2015 Roth IRA contributions is April 15, 2016. That gives you some breathing room to rebuild your emergency cash reserves and/or save for your Roth IRA contributions. If you're planning on retiring at age 50, are you also contributing to taxable accounts or have investme...
by supersharpie
Sat May 23, 2015 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Taking out a TSP loan to fund Roth IRA
Replies: 14
Views: 1304

Re: Taking out a TSP loan to fund Roth IRA

I vote no. It sounds like robbing Peter to pay Paul. But you could reduce your TSP contributions enough to put money into Roth IRA. That would accomplish what you want. Or you could simply put $11k into Roth TSP. Well, the thing is that we want to continue maxing out our TSP and 401k tax deferred s...
by supersharpie
Sat May 23, 2015 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Taking out a TSP loan to fund Roth IRA
Replies: 14
Views: 1304

Re: Taking out a TSP loan to fund Roth IRA

Thanks for the feedback! We still haven't decided how to proceed but this is good food for thought.
by supersharpie
Thu May 21, 2015 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Error in social security earnings record
Replies: 5
Views: 797

Re: Error in social security earnings record

No, as long ad you can present an original W-2 for the year(s) in question SSA will manually correct your record.
by supersharpie
Thu May 21, 2015 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Taking out a TSP loan to fund Roth IRA
Replies: 14
Views: 1304

Taking out a TSP loan to fund Roth IRA

Due to some unanticipated expenses it is doubtful that my wife and I will be able to max out both our tradtional 401ks and Roth IRAs. I place a higher value on fully funding the Roth since we plan to retire by the age of 50 and know that we can withdrawal our contributions without penalty until we h...
by supersharpie
Thu May 21, 2015 6:20 am
Forum: Personal Consumer Issues
Topic: A trip to Disney World - What are the best days during Christmas time?
Replies: 33
Views: 2259

Re: A trip to Disney World - What are the best days during Christmas time?

OP here. Thanks for your suggestions. Wow. I didn't expect to hear an unanimous ‘no'. The reason why we even thought of going around Christmas time was to avoid the crowds and hot weather during summer months. Though we can visit at other times of the year, we have a kid in school, and were not rea...
by supersharpie
Thu May 21, 2015 5:53 am
Forum: Personal Consumer Issues
Topic: Sewer line replacement - who to call?
Replies: 21
Views: 1748

Re: Sewer line replacement - who to call?

I live in suburban PA. My basement drain would back up about once a year. No damage to the basement, but it did always require a professional with a clog cutter. I always used a well advertised plumbing company with a $95 special to clear any clog. The company had a poor online reputation for overc...
by supersharpie
Tue May 19, 2015 10:45 pm
Forum: Personal Consumer Issues
Topic: Sewer line replacement - who to call?
Replies: 21
Views: 1748

Re: Sewer line replacement - who to call?

I received some of the most unfortunate news a home owner can be delivered the other day. Well, not really. The house could have burned down. The roof could have collapsed. Your family could have been inside. I had to have a long sewer line replaced about thirty years ago, It cost about $2K in thos...
by supersharpie
Tue May 19, 2015 10:03 pm
Forum: Personal Consumer Issues
Topic: Sewer line replacement - who to call?
Replies: 21
Views: 1748

Sewer line replacement - who to call?

I received some of the most unfortunate news a home owner can be delivered the other day. It is very likely that, within a few months, we will need to replace our sewer line, which apparently has collapsed. The plumber, who we trust and have worked with for years, stated that he "knows a guy&qu...
by supersharpie
Thu Apr 02, 2015 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Tablet recommendations?
Replies: 17
Views: 1934

Re: Tablet recommendations?

FYI - after further consideration I decided to kill two birds with one stone by purchasing the new ASUS Zenbook for $699. My laptop is five and a half years old and I was going to be in the market for a new one soon. At 2.6 pounds this ultrabook only weighs about 12 ounces more than a 12.2 inch Sams...

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