Search found 2927 matches

by tc101
Fri Jan 12, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: 100% VTSAX (Vanguard Total Stock Mkt Idx Adm)??
Replies: 70
Views: 5310

Re: 100% VTSAX (Vanguard Total Stock Mkt Idx Adm)??

I'm 36. I will have a guarantee retirement for serving 20yrs in the military in 2 yrs.
Then wait 2 years. Seriously. My Cousin was told he was not longer needed in the Army shortly before he hit the 20 year mark.
by tc101
Wed Jan 03, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Talk me out of a 60/40 AA
Replies: 76
Views: 8030

Re: Talk me out of a 60/40 AA

I'm 67 years old and am at 50/50. As I read this conversation I am tempted to move to 60/40. But during the last big crash there was so much talk about the wisdom of an all bond portfolio that I was thinking about going down to 25/75. I think I'll stay where I am for now and see what people are talk...
by tc101
Sat Dec 23, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: Internet speeds
Replies: 37
Views: 2430

Internet speeds

I'm looking at various internet service deals from comcast and AT&T. The offer deals with between 10mbs to 150mbs speeds. I am confused about how much I need. For two people in a house where one person might be watching a netflix movie while the other is online with youtube or various net surfing, w...
by tc101
Thu Dec 07, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 242
Views: 15599

Re: Do people still use AAA?

When I was about 60 I had a real bad cold and I was driving on a crowded expressway on a cold rainy day . I felt terrible. For no good reason I thought "What if I had a flat tire now? I could change it, but it would be a horrible experience." The next day I got AAA.
by tc101
Wed Dec 06, 2017 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: End of life care: urgent.
Replies: 9
Views: 1987

Re: End of life care: urgent.

Yes contact attorney right away. Does she have a general power of attorney with someone? What about health care power of attorney? If not that should be done immediately.
by tc101
Wed Dec 06, 2017 11:42 am
Forum: Personal Consumer Issues
Topic: Cat sitter info
Replies: 21
Views: 1074

Re: Cat sitter info

Expect to pay them $10-20/day to come by once, do a welfare check, empty the litter box, and feed/water.
Is that about what other people here have paid?
by tc101
Wed Dec 06, 2017 11:07 am
Forum: Personal Consumer Issues
Topic: Cat sitter info
Replies: 21
Views: 1074

Cat sitter info

I will be traveling and need someone I can trust to come to my house every day and feed the cat and clean the cat box. How would I find someone good? What would I expect to pay?
by tc101
Mon Dec 04, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: How much do you need to drive a car to keep battery charged and everything else OK?
Replies: 36
Views: 2824

How much do you need to drive a car to keep battery charged and everything else OK?

How much do you need to drive a car to keep battery charged and everything else OK? I know there are other reasons to drive a car regularly, other than just the battery, but I don't know what they are. I have a 2003 Toyota Camery that I don't use much. If I just drive it once a week to the grocery s...
by tc101
Mon Dec 04, 2017 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Handling after death affairs for my deceased domestic partner
Replies: 17
Views: 2168

Re: Handling after death affairs for my deceased domestic partner

if there were any retirement accounts, then it may be worth it to be "spouse".
I was the beneficiary on the retirement accounts, so no need to be spouse. If I were the spouse I think that could complicate taxes.
by tc101
Sat Dec 02, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Handling after death affairs for my deceased domestic partner
Replies: 17
Views: 2168

Handling after death affairs for my deceased domestic partner

My girlfriend and long time domestic partner died last month. We called each other husband and wife but we never married. I live in Georgia and there is no common law marriage here. In the will I am the executor or her estate. I inherit everything. There is not much to inherit. I think the only thin...
by tc101
Fri Dec 01, 2017 4:32 pm
Forum: Investing - Theory, News & General
Topic: Is 60/40 mix the sleep mix or 80/20 mix
Replies: 38
Views: 3654

Re: Is 60/40 mix the sleep mix or 80/20 mix

Is that 80% stocks or 80% bonds?
by tc101
Mon Nov 20, 2017 9:48 pm
Forum: Personal Consumer Issues
Topic: Uber car availability on Thanksgiving
Replies: 1
Views: 389

Uber car availability on Thanksgiving

Will it be very hard or very expensive to get an uber car ride on Thanksgiving?
by tc101
Tue Nov 14, 2017 8:17 pm
Forum: Personal Consumer Issues
Topic: How do you stop junk mail?
Replies: 29
Views: 1700

How do you stop junk mail?

I did a google on "Stop Junk Mail". A big list of sites came up. I don't know which are for real.

Do you know the best way to stop junk mail? We are getting 10 or more unwanted catalogs every day.
by tc101
Mon Nov 13, 2017 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Losing all of your savings.
Replies: 41
Views: 5991

Re: Losing all of your savings.

Put one foot in front of the other and do the next right thing.
Life is a wonderful miraculous gift. Enjoy it. Love people.
by tc101
Wed Nov 08, 2017 1:12 am
Forum: Personal Consumer Issues
Topic: What do you do to keep your mind sharp?
Replies: 65
Views: 5272

Re: What do you do to keep your mind sharp?

Chess club keeps mind sharp and is also a great social outlet. The people who go to chess clubs are a strange and interesting group. It is different than playing online.
by tc101
Mon Nov 06, 2017 3:22 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?
Replies: 50
Views: 5936

Why is Vanguard sending so much junk mail telling me to vote in the proxy election?

Why is Vanguard sending so much junk mail telling me to vote in the proxy election? Why is this so important? Did you vote? If so how did you vote? I don't want to vote. It seems like that should be my own decision. I sent them an email asking them to stop sending me voting requests but they refused...
by tc101
Mon Nov 06, 2017 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 8494

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

I've been talking about this on the forum for years, and there is a lot of denial. I agree that there is a feeling of taboo around it. I'm glad Morningstar is writing about it and that you started the discussion here.
by tc101
Mon Nov 06, 2017 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Social security regular vs disability
Replies: 10
Views: 1168

Re: Social security regular vs disability

Thanks for the info
There will be a five month delay in disability benefits, if approved.
Unfortunately there is a good chance she will be dead in 5 months.
by tc101
Sun Nov 05, 2017 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Social security regular vs disability
Replies: 10
Views: 1168

Re: Social security regular vs disability

Thanks for the info. My thought is that since she is already 63, and has only been working part time the last 5 years, her expected income between now and 66 would not be very much. Since it doesn't make any difference on health insurance, and since, unfortunately she only has a few years to live, I...
by tc101
Sun Nov 05, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Social security regular vs disability
Replies: 10
Views: 1168

Social security regular vs disability

I asked about this in a previous thread, but now have more info and knowledge but am still confused. For an unmarried 63 year old who was still working part time and had not taken SS, then had a cerebral hemorrhage, brain cancer and is totally disabled and not expected to live more than 3 years: Doe...
by tc101
Sun Oct 29, 2017 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 19819

Re: Early-retired 35 year old with $1 million

Two of my best friends are a man aged 67 and his wife aged 63. They planned to work another year or two, then retire and do what they wanted. Last week she was rushed to the emergency room with a cerebral hemorrhage caused by a brain cancer. She will not live another year. They could have retired 10...
by tc101
Fri Oct 27, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for social security
Replies: 14
Views: 1458

Re: Signing up for social security

Great info. Thanks.
Since she is now disabled she might be able to get a little extra and get early medicare. I'll call next week, but if anyone knows any more about this please tell me.
by tc101
Fri Oct 27, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Signing up for social security
Replies: 14
Views: 1458

Re: Signing up for social security

It looks like at age 63 she could get slightly more from disability benefits than regular SS benefits, plus she could get some health benefits, so I guess that is the thing to do.
by tc101
Thu Oct 26, 2017 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for social security
Replies: 14
Views: 1458

Re: Signing up for social security

The husband asked me to look into this for his wife who has had a cerebral hemorrhage and is incapacitated. She could not go anywhere. She can not even type. He will actually be the one who goes on line and signs her up. I'm not sure if that is 100% legal but he knows it is what she wants. He plans ...
by tc101
Wed Oct 25, 2017 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for social security
Replies: 14
Views: 1458

Re: Signing up for social security

Thanks. It's not for me, but for a friend, age 63. I'll look online for more answers. Anyone with any experience please chime in here.
by tc101
Wed Oct 25, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for social security
Replies: 14
Views: 1458

Signing up for social security

Can you sign up for social security online, or do you have to go in person?

If someone is seriously disabled and needs to stay in bed, is there a way to sign up?
by tc101
Mon Oct 16, 2017 7:13 pm
Forum: Personal Consumer Issues
Topic: Negotiating for a new car purchase
Replies: 86
Views: 7383

Re: Negotiating for a new car purchase

..don't buy new, its a fools game...
I just read a detailed analysis in another thread that said just the opposite. If you are going to keep a car until it is 12 years old, you do about the same buying new or used. Now I can't find that post.

What do others think.
by tc101
Mon Oct 16, 2017 7:02 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 8062

Re: How many miles/years do you keep your car?

i'm driving a 2003 Crown Vic with about 160K miles. I would buy a new one but they stopped making them in 2011. Can't decide what to buy to replace it. Thinking about a Chrysler 300 or Chevy Impala. May think about it for a few more years if the Crown Vic holds up.
by tc101
Wed Oct 11, 2017 1:14 pm
Forum: Investing - Theory, News & General
Topic: Growth rate over the next 10-20 years
Replies: 6
Views: 836

Re: Growth rate over the next 10-20 years

Has there ever been a 20 year period with 0% real growth rate for a 50/50 stock bond portfolio?
by tc101
Wed Oct 11, 2017 9:59 am
Forum: Investing - Theory, News & General
Topic: Growth rate over the next 10-20 years
Replies: 6
Views: 836

Growth rate over the next 10-20 years

I'm writing a spread sheet macro. What do you think are reasonable assumptions for average real growth rate over the next 10 years for a 50/50 portfolio? What about the next 20 years?

My guess, 10 years 1-2%, 20 years 2-4%.
by tc101
Tue Oct 10, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Senior citizens can lose everything [to professional guardians via court rulings]
Replies: 111
Views: 10308

Re: Senior citizens can lose everything [to professional guardians via court rulings]

The best thing you can do is raise kids that have a healthy distrust for authority. Hopefully they can protect you. No one else will.
I think that is true, and I don't have any kids.
by tc101
Tue Oct 10, 2017 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Please look at my financial situation and give me your insights
Replies: 21
Views: 2449

Re: Please look at my financial situation and give me your insights

I think a necessary component of your retirement plan is for your wife and you to learn to work together on finances. Having one person with out of control spending (as the other sees it) leaves the "saver" nervous, afraid, and resentful. She spender would see the saver as over bearing, and be rese...
by tc101
Mon Oct 09, 2017 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Please look at my financial situation and give me your insights
Replies: 21
Views: 2449

Re: Please look at my financial situation and give me your insights

It was not clear if if that included taxes or not. If are spending $100K a year after taxes then you will need a lot more income than that to have $100K left after paying taxes. Good point. Some of the money is in a Roth IRA, but more is in taxable stock funds, and a regular IRA that will be taxabl...
by tc101
Mon Oct 09, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Please look at my financial situation and give me your insights
Replies: 21
Views: 2449

Re: Please look at my financial situation and give me your insights

If she "worked on a state court", won't she get a state pension?
Yes but it is not very much. She wasn't there long enough.
by tc101
Mon Oct 09, 2017 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Please look at my financial situation and give me your insights
Replies: 21
Views: 2449

Re: Please look at my financial situation and give me your insights

Lars, could you post the code for the macro in that spreadsheet so I can play with it.
by tc101
Mon Oct 09, 2017 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Please look at my financial situation and give me your insights
Replies: 21
Views: 2449

Re: Please look at my financial situation and give me your insights

Thanks everyone for your input. Now lets look at it another way. In 25 years The probability that I will be alive is 13%. The probability that the wife will be alive is 44%. The probability that we will both be alive is 6%. The probability that one of us will be alive is 51%. In 30 years The probabi...
by tc101
Mon Oct 09, 2017 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Please look at my financial situation and give me your insights
Replies: 21
Views: 2449

Re: Please look at my financial situation and give me your insights

So she needs to stay working until she can draw Medicare and maybe even start SS at the same time. This will give her her $$ and allow you to put a hard limit on her spending. I know this is harsh but I see this as the best solution for your road ahead. It is not harsh. It is a simple statement of ...
by tc101
Mon Oct 09, 2017 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Please look at my financial situation and give me your insights
Replies: 21
Views: 2449

Re: Please look at my financial situation and give me your insights

Also, what is your current health insurance situation and how will it change if/when your wife retires? I'm on medicare. She has coverage through the state from when she worked on a state court. It is something like COBRA but it goes on indefinitely. I don't know what it costs but it is part of her...
by tc101
Mon Oct 09, 2017 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Please look at my financial situation and give me your insights
Replies: 21
Views: 2449

Please look at my financial situation and give me your insights

Bogleheads please look at my financial situation and give me your insights. My wife and I have been together 21 years but have remained 2 separate financial entities because we disagreed so strongly on financial matters. I am your classic low spending high saving boglehead. She is just the opposite....
by tc101
Sun Oct 08, 2017 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 10786

Re: Third time in my 32 year career I have been laid off

Retire. You have plenty of money.

Unless you enjoy your work more than anything you do in your leisure time you should definitely retire.

If you knew you were going to die in 10 years, what would you do? Do that.
by tc101
Sun Oct 08, 2017 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Senior citizens can lose everything [to professional guardians via court rulings]
Replies: 111
Views: 10308

Re: Senior citizens can lose everything [to professional guardians via court rulings]

I think I'm going to see an elder law attorney. I found several by doing a google on "elder law attorney georgia".
by tc101
Sat Oct 07, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: RE tax question
Replies: 10
Views: 559

Re: RE tax question

Be careful about allowing the desire to lower taxes to lead to an unsuitable decision.
Very good advice. I knew that, but needed to be reminded. Thanks.
by tc101
Sat Oct 07, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: RE tax question
Replies: 10
Views: 559

Re: RE tax question

If he made any "capital improvements" to the building, any money he spent on materials or outside labor would increase his cost basis. He should have receipts for these expenditures. Repairs that are not improvements do not count for this. Excellent advice - start brainstorming now, list every impr...
by tc101
Sat Oct 07, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: RE tax question
Replies: 10
Views: 559

Re: RE tax question

He could do an installment sale and spread the payout over two years for lower per year income. See the IRS website for installmental sales. As I understand it he would have to make less than $38K per year to gain from this. That would mean spreading the payout over more than 2 years. I may not und...
by tc101
Sat Oct 07, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: RE tax question
Replies: 10
Views: 559

Re: RE tax question

He could also flip the triplex over into a bigger property via a 1031 exchange and still take out some cash. If he did this there would be zero taxes. Plus with his history and skillset he could finance most of the new rentals. I bet he could do a bigger property that would be positive cash flow. T...
by tc101
Sat Oct 07, 2017 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Senior citizens can lose everything [to professional guardians via court rulings]
Replies: 111
Views: 10308

Re: Senior citizens can lose everything [to professional guardians via court rulings]

Has anyone found a web site that lists the protections and problems in each state? I live in Georgia. My brother lives in California. How do we find out the protections and dangers in our states?
by tc101
Sat Oct 07, 2017 9:41 am
Forum: Personal Finance (Not Investing)
Topic: RE tax question
Replies: 10
Views: 559

RE tax question

I have a friend who is 62 semi-retired and works doing small home repairs. His only assets are the duplex he lives in, and a triplex he wants to sell. He can probably walk away from the triplex sale with about $300K after paying the mortgage and agents commission. Almost all of this will be profit s...