Search found 276 matches

by muddlehead
Sun Nov 22, 2020 12:56 pm
Forum: Personal Consumer Issues
Topic: in-ground basketball hoop reviews
Replies: 4
Views: 529

Re: in-ground basketball hoop reviews

My first question is - are you anticipating players dunking? If yes, go w/it. $2400 isn't a lot if you have the SS. If no, because the players will be too young for awhile or ... get something cheaper at the outset and go from there.
by muddlehead
Sat Nov 14, 2020 4:19 pm
Forum: Personal Consumer Issues
Topic: Winter Driving Trip - Chicago to Portland
Replies: 38
Views: 2531

Re: Winter Driving Trip - Chicago to Portland

I'm a city guy. Love going to 'em. So, I'd do something like this. Chicago down to St Louis to KC to Denver to Salt Lake City to Boise to Portland. Just me, I know. Have a great trip.
by muddlehead
Thu Nov 05, 2020 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Wife asked to be co-executor for brother. Seems like a disaster waiting to happen
Replies: 35
Views: 4950

Re: Wife asked to be co-executor for brother. Seems like a disaster waiting to happen

[quote=Silverado post_id=5583769 time=1604533276 user_id=48186] [quote=muddlehead post_id=5582003 time=1604424431 user_id=10077] Brother's sister vs brother's wife's sister. No thx. I'd pass. Caveat. Unless there's a lot of money at stake. [/quote] The more money the farther away I’d run. Curious wh...
by muddlehead
Tue Nov 03, 2020 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Wife asked to be co-executor for brother. Seems like a disaster waiting to happen
Replies: 35
Views: 4950

Re: Wife asked to be co-executor for brother. Seems like a disaster waiting to happen

Brother's sister vs brother's wife's sister. No thx. I'd pass. Caveat. Unless there's a lot of money at stake.
by muddlehead
Wed Oct 28, 2020 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Questions for A Future Spouse
Replies: 90
Views: 5737

Re: Financial Questions for A Future Spouse

Obviously, "How much debt do you have at this moment?" Closely observe, the best you can, spending habits. Does he/she appear to be spoiled - for lack of a better word? I got really, really lucky to find a gal who is not at all a big spender. A major factor in us being able to retire nice ...
by muddlehead
Fri Oct 16, 2020 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Another Simple Medicare Billing Question
Replies: 22
Views: 1937

Re: Another Simple Medicare Billing Question

@celia

Good thought, But, nope for me. All $ in taxable IRA. [Political comment removed by admin LadyGeek]
by muddlehead
Sat Oct 10, 2020 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Another Simple Medicare Billing Question
Replies: 22
Views: 1937

Re: Another Simple Medicare Billing Question

Interesting. Both bills I received were for the aforementioned 3 months.
by muddlehead
Sat Oct 10, 2020 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Another Simple Medicare Billing Question
Replies: 22
Views: 1937

Another Simple Medicare Billing Question

Turned 65 in August 2020. Paid $433.80 for 3 months for Part A / and/or Part B - Aug Sep Oct. Have a bill in hand for the next 3 month interval - Nov Dec Jan 2021. I will begin taking Social Security in Jan 2021. It is my understanding the $144.60 per month for above bill will automatically be taken...
by muddlehead
Wed Sep 23, 2020 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: What happens if your income comes in below the minimum for the ACA?
Replies: 70
Views: 5146

Re: What happens if your income comes in below the minimum for the ACA?

Forgive me for not reading all the answers. Are you confusing maximum and minimum? The maximum income in my state - California - for a couple is $24,690. You can't go over. If you are substantially under, as we accidentally were one year, it was suggested we could have gone with Medicaid.
by muddlehead
Sat Sep 19, 2020 4:15 pm
Forum: Personal Consumer Issues
Topic: Retiring to Canada
Replies: 54
Views: 4449

Re: Retiring to Canada

Susan1963 wrote: Sat Sep 19, 2020 3:24 pm We live in Canada and have a winter house in Florida.
[ quote fixed by admin LadyGeek]

Hi. Can you speak to the issue of ease/difficulty of attaining Canadian citizenship moving from USA. Thx.
by muddlehead
Thu Sep 03, 2020 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Maximum Earnings When Taking Medicare
Replies: 4
Views: 773

Re: Maximum Earnings When Taking Medicare

Looks like the answer is 174k. We won't be above 150k or so. So, we're good. Thx.
by muddlehead
Wed Sep 02, 2020 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Maximum Earnings When Taking Medicare
Replies: 4
Views: 773

Maximum Earnings When Taking Medicare

Probably come up many times before. I'll keep it brief. Age 65. Wife and I both taking social security. File jointly. State is California, if that matters. Will be annually w/d money from our taxable IRA's. Question, What is the exact amount of income, including social security, of course, we can ma...
by muddlehead
Sun Aug 23, 2020 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Cousin died He did not leave a will
Replies: 85
Views: 11371

Re: Cousin died He did not leave a will

When did you last see your disabled cousin? Had you visited him regularly? Pre-Covid 19 I drove up to visit him a couple of times. He was in a assisted living facility. I went to see him when he was first admitted. When Covid-19 turned into an epidemic, visitors were not allowed. He died at the fac...
by muddlehead
Sat Aug 22, 2020 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Cousin died He did not leave a will
Replies: 85
Views: 11371

Re: Cousin died He did not leave a will

OP. What would make you think the cousin who has the keys will share, if there is any money in the first place to share, part of the 280k w/you?
by muddlehead
Thu Aug 20, 2020 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Should I become a Professional Gambler?
Replies: 84
Views: 8414

Re: Should I become a Professional Gambler?

Maybe I missed it. Scrolled through the thread. Did the OP state what his mode of super successful gambling is? Or is this, as I suspect, 5 minutes of my life I can't get back?
by muddlehead
Thu Aug 20, 2020 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping ACA Subsidy with Roth Ladder retirement
Replies: 25
Views: 1889

Re: Keeping ACA Subsidy with Roth Ladder retirement

Didn't read every post. I turn 65 this month. Hence, I quit ACA Covered California and switch over to Medicare this month. I can 100% confirm for the purposes of Covered California / ACA, withdrawals from an IRA account count as income as it relates to subsidies. I have not withdrawn from my IRA's a...
by muddlehead
Sun Aug 09, 2020 4:27 pm
Forum: Investing - Theory, News & General
Topic: How do I know what withdrawal rate to use?
Replies: 53
Views: 4788

Re: How do I know what withdrawal rate to use?

Apologies for having to post this, whenever I see the 4% withdrawal rate discussion. You do know if you did absolutely nothing w/the $$, and still took out 4% a year, it would last 25 years.
by muddlehead
Sat Aug 01, 2020 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Mother's House
Replies: 17
Views: 1466

Re: Buying Mother's House

Whenever anyone says this:

"It seems like I should just leave well enough alone here."

You've kinda answered you own question right there.
by muddlehead
Sat Aug 01, 2020 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Unmotivated daughter and son in law.
Replies: 115
Views: 9790

Re: Unmotivated daughter and son in law.

This one's easy. We have two older kids. You've got to learn to let it go. Without the work - DNA - gene, these two are set up to be dependent on someone or someones the remainder of their lives. If you're OK w/you being that someone, involve yourself.
by muddlehead
Wed Jul 22, 2020 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a House with Elderly Parent: Many Questions...
Replies: 39
Views: 2359

Re: Buying a House with Elderly Parent: Many Questions...

@BlindPursuit So. Dad's estate divided by 3. Your dad has 800k savings plus 150k from sale of his home. 950k divided by 3 is 316k to you and your wife. Take the 316k with all the money you muster from elsewhere and buy a house for all of you in your wife's and your name only.. Sounds like he has the...
by muddlehead
Wed Jul 22, 2020 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Annuity in IRA for 85yr old
Replies: 10
Views: 1061

Re: Annuity in IRA for 85yr old

Simpleton me wants to know why you don't take the 35k cash value out of the IRA. Pay the taxes due once it's added to the other income - soc sec, pension - 41k - making the income 76k (with, I think, not all of the soc sec taxable).
by muddlehead
Wed Jul 22, 2020 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a House with Elderly Parent: Many Questions...
Replies: 39
Views: 2359

Re: Buying a House with Elderly Parent: Many Questions...

Would not entertain idea of jointly buying home w/Dad. You need to answer the following before I can opine. Anyone else - siblings - whoever -inheriting from Dad at his passing? How expensive a home are you looking for?
by muddlehead
Thu Jun 25, 2020 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ Reporter doing story about doing taxes by hand
Replies: 33
Views: 3940

Re: WSJ Reporter doing story about doing taxes by hand

Interesting example above given as to when doing one's taxes by hand became too difficult. Did mine, and then ours, by hand for 40 years or so until we too got to ACA / Obamacare here in California. Became unbearably tricky at that point.
by muddlehead
Mon Jun 15, 2020 10:51 am
Forum: Investing - Theory, News & General
Topic: New Tulip Mania?
Replies: 48
Views: 8206

Re: New Tulip Mania?

[quote=am post_id=5305663 time=1591816849 user_id=3539] [quote=ohboy! post_id=5305272 time=1591808203 user_id=128903] [quote=muddlehead post_id=5304382 time=1591757906 user_id=10077] I think the real tulip-mania is occurring in the sports card market. Yup, those little pieces of cardboard. Generally...
by muddlehead
Mon Jun 15, 2020 10:48 am
Forum: Investing - Theory, News & General
Topic: New Tulip Mania?
Replies: 48
Views: 8206

Re: New Tulip Mania?

[quote=ohboy! post_id=5305272 time=1591808203 user_id=128903] [quote=muddlehead post_id=5304382 time=1591757906 user_id=10077] I think the real tulip-mania is occurring in the sports card market. Yup, those little pieces of cardboard. Generally, prices have tripled or more the past three months. Nev...
by muddlehead
Tue Jun 09, 2020 9:58 pm
Forum: Investing - Theory, News & General
Topic: New Tulip Mania?
Replies: 48
Views: 8206

Re: New Tulip Mania?

I think the real tulip-mania is occurring in the sports card market. Yup, those little pieces of cardboard. Generally, prices have tripled or more the past three months. Never seen anything like it in any market, ever.
by muddlehead
Tue Jun 09, 2020 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Home Title Theft
Replies: 5
Views: 1437

Re: Home Title Theft

I've always thought the sale of this "insurance" is the biggest scam ever. How the heck is someone going to pretend to be me via a home title? If I'm wrong, would love to read someone here set me straight.
by muddlehead
Mon May 25, 2020 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Worried about sibling financial future
Replies: 31
Views: 4101

Re: Worried about sibling financial future

To the OP:
I am/was in a similar situation with 2 of my siblings. Not sure I can offer any actionable advice, however.
by muddlehead
Wed May 13, 2020 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with probate / estate situation
Replies: 7
Views: 562

Re: Need help with probate / estate situation

Seems clear cut and simple to me.

Sell each property. (I'm assuming we're under any "death tax" or "estate tax" limits. If so, no taxes due from the 4 recipients).

Divide the sale proceeds by four.

That's what this random internet guy says.
by muddlehead
Tue May 05, 2020 6:20 pm
Forum: Investing - Theory, News & General
Topic: Bonds Beat Stocks Over the Last 20 Years
Replies: 42
Views: 4200

Re: Bonds Beat Stocks Over the Last 20 Years

So, S&P 500 return since 2000 to last week 5.4% annualized. Anyone have the previous 20 years 1980 - 2000?
by muddlehead
Sat May 02, 2020 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Property Inheritance
Replies: 17
Views: 2112

Re: Property Inheritance

To the OP: Your MIL's Dad lived w/her at her home. The Dad bought a house 5 years ago that was exclusively a rental. And the rental was not for any family member, right? It was for rental income while he was alive and upon his death was to go to his daughter, your MIL. That, in itself, is an interes...
by muddlehead
Sun Apr 19, 2020 3:24 pm
Forum: Investing - Theory, News & General
Topic: The Result of US Treasury Printing Money
Replies: 2
Views: 537

The Result of US Treasury Printing Money

Perhaps there's a discussion along these lines already. If so, apologies. Isn't what we're doing now, as a result of Covid-19, the closest, if it isn't the actual real thing, to printing money? Isn't this printing money kind of thing the most destructive financial endeavor a country can ever underta...
by muddlehead
Sat Apr 18, 2020 7:13 pm
Forum: Investing - Theory, News & General
Topic: Your Investment Adviser’s Dirty Secret
Replies: 77
Views: 10189

Re: Your Investment Adviser’s Dirty Secret

Hi Rick. Is there anyone on this site who doesn't know this? Not getting the "secret" part?
by muddlehead
Sat Apr 18, 2020 7:11 pm
Forum: Investing - Theory, News & General
Topic: squaredaway: fewer choosing annuties in TIAA plan
Replies: 22
Views: 1461

Re: squaredaway: fewer choosing annuties in TIAA plan

I despise annuities unless you're the issuer. Wouldn't the fact interest rates that are tied to the annuities are at the lowest point in history be like, umm, a major factor here.
by muddlehead
Wed Apr 01, 2020 9:50 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 1077
Views: 65110

Re: What are you listening to now

Chicago IX. Greatest hits. 1975. They're on my mind after watching a documentary the other night.
by muddlehead
Mon Mar 09, 2020 12:01 pm
Forum: Investing - Theory, News & General
Topic: The 10 Year at Zero. Wow. Your Thoughts?
Replies: 3
Views: 875

The 10 Year at Zero. Wow. Your Thoughts?

Well, I'm not the only one my age who feels a bit disoriented these days. Wasn't long ago, when I retired , actually, it was long ago, year 2001, I was thinking I've/we've got enough in the kitty to live off 4-5-6-7 per cent CD's or Treasuries for the rest of our time on this blue marble moving thro...
by muddlehead
Sun Jan 12, 2020 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get a Trust
Replies: 35
Views: 3637

Re: Should I get a Trust

Carefreeap wrote: " " I think the Beneficiary Deed can be a wonderful tool in the right circumstance. They are relatively new in CA but have been used in other states like AZ for a while. The biggest drawback I can foresee is a scenario whereby one of the beneficiaries has a bunch of debts...
by muddlehead
Sat Jan 11, 2020 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get a Trust
Replies: 35
Views: 3637

Re: Should I get a Trust

I'm in Northern California. Not enough to worry about Fed Estate or Death Tax. One wife. 2 kids. 50/50 split to the kids at death of both or second spouse. We have a little more money than you, but same ideas hold forth. Money in 2 places. Bank acct and brokerage acct. TOD / POD for each is set up. ...
by muddlehead
Sat Jan 04, 2020 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Apologies For Another Social Security Question
Replies: 5
Views: 819

Re: Apologies For Another Social Security Question

Excellent. Thanks all. 95% of my full retirement benefit amount. Happy 2020 to everyone.
by muddlehead
Fri Jan 03, 2020 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Apologies For Another Social Security Question
Replies: 5
Views: 819

Apologies For Another Social Security Question

Couldn't find this answer. I will turn 65 in August 2020. I want to begin taking Social Security January 2021, 5 months later. Question. What is the difference in dollars, if any, between taking the monthly payouts in Jan 2021 vs waiting till August, 8 months later, when I will be 66 yrs old? Thanks...
by muddlehead
Sun Nov 17, 2019 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Equal Inheritance for Children
Replies: 109
Views: 11148

Re: Equal Inheritance for Children

Didn't read every response. Someone said "can of worms" to this scenario in page 1. Concur. Put me in that camp. I would not go through with the plan of giving child A 15k for 23 years.
by muddlehead
Wed Nov 13, 2019 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Paying for Medicare Via Monthly Social Security Distribution
Replies: 6
Views: 774

Re: Paying for Medicare Via Monthly Social Security Distribution

Thanks all for the replies. Should be an easy solution. Not going to worry about it anymore. Take care.
by muddlehead
Tue Nov 12, 2019 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for Medicare Via Monthly Social Security Distribution
Replies: 6
Views: 774

Paying for Medicare Via Monthly Social Security Distribution

Forgive the confusing nature of this question. My wife turned 65 a few years ago. She was already receiving a monthly distribution check from social security at the time. It was seamless and easy to have the ~$135 medicare monthly charge come out of her monthly soc sec. Xould not have been easier. I...
by muddlehead
Wed Sep 18, 2019 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Best Method to Inherit House
Replies: 19
Views: 2597

Re: Best Method to Inherit House

to rickboglehead and suzbanyan


Easy easy easy answer. My wife and I will be D E A D. If they can't figure it out, I/we don't care. Capiche?
by muddlehead
Tue Sep 17, 2019 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Best Method to Inherit House
Replies: 19
Views: 2597

Re: Best Method to Inherit House

Wife and I live in Northern California. 2 kids. 50% 50% split. We have payable on death brokerage accounts. Payable on death bank checking account. Payable on death deed to our one house. We don't exceed any amount that would ever be "estate taxed". I think that's currently 8 million dolla...
by muddlehead
Fri Aug 16, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Helping with mother's finances after father's passing
Replies: 14
Views: 1058

Re: Helping with mother's finances after father's passing

69 yrs old plus 25 = 94. If you did nothing and placed the 650k under the mattress and took from the pile 22k per year, it would last, are you ready, 29 years. What would I do if she was my Mom? I'm a zero market guy at that age. I, myself, have enough money to live off of cd interest. Of course, I'...
by muddlehead
Tue Aug 13, 2019 6:52 pm
Forum: Personal Consumer Issues
Topic: Book or documentary recommendations on American economic dominance
Replies: 26
Views: 2124

Re: Book or documentary recommendations on American economic dominance

Aware you mentioned 1866-1915 timeframe in the first post. My thoughts have always been the industrial world as we all know it was more or less tied until WW1. We of course leapt way ahead as our land and factories etc... were, of course, unharmed by the conflict. They, Europe etc … , were starting ...
by muddlehead
Tue Aug 13, 2019 6:43 pm
Forum: Personal Consumer Issues
Topic: Lawn mower
Replies: 25
Views: 2703

Re: Lawn mower

1/2 acre. Lots of grass. Have had good success w/ Cub Cadet. Not cheap. 21 or 22 inch gas self propelled so I can go back and forth about $300. I'm on my second one now. Old one after 3 years, starter cord disengaged in my hand after a starter pull. I'm not handy enough to fix it. Gave it away and g...