Search found 705 matches

by One Ping
Sat Aug 17, 2019 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 5903

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

Ivygirl wrote:
Sat Aug 17, 2019 5:59 pm
What is a cat loan? I guess a typo for something but I can't make it out.
typo ... cat = car
by One Ping
Fri Aug 16, 2019 2:14 pm
Forum: Personal Consumer Issues
Topic: Ponder this, BH's... is Ben & Jerry's worth it?
Replies: 122
Views: 7819

Re: Ponder this, BH's... is Ben & Jerry's worth it?

whodidntante wrote:
Sat Aug 10, 2019 11:13 pm
My guests and my bad days appreciate whiskey.
:thumbsup

A little Talisker Distillers Edition with just the teensy-est drop of water ... and then gently warmed to around 115°F to bring out the aromatics .... aaaahhhh ....
by One Ping
Mon Jul 29, 2019 10:39 am
Forum: Investing - Theory, News & General
Topic: Determining your asset allocation using Funded Ratio - Part 2 of Funded Ratio series
Replies: 14
Views: 2781

Re: Determining your asset allocation using Funded Ratio - Part 2 of Funded Ratio series

Ok, I see it now. It seems you do need to give them a name and email address for them to send you the quote, though. Still, if you want to do that, it does seem that it is available. Thanks.
by One Ping
Sun Jul 28, 2019 7:47 pm
Forum: Investing - Theory, News & General
Topic: Determining your asset allocation using Funded Ratio - Part 2 of Funded Ratio series
Replies: 14
Views: 2781

Re: Determining your asset allocation using Funded Ratio - Part 2 of Funded Ratio series

sycamore wrote:
Sun Jul 28, 2019 7:16 pm
One website mentioned previously on bogleheads is https://www.immediateannuities.com/. I haven't used the site myself.
Might be worth searching old threads for more info.
I don't believe https://www.immediateannuities.com/ provides quotes for real immediate annuities.
by One Ping
Thu Jul 11, 2019 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Can Spousal SS Benefit EVER be greater that 50% of Spouses PIA??
Replies: 18
Views: 1577

Re: Can Spousal SS Benefit EVER be greater that 50% of Spouses PIA??

One Ping, You are correct...LES spousal does get reduced if spousal is filed for before LES FRA. And there may even be a deemed filing event for LES triggered once HES files for HES benefit. Ace Apparently, THERE IS. Just used opensocialsecurity to try to have LES file for spousal benefit at a date...
by One Ping
Thu Jul 11, 2019 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Can Spousal SS Benefit EVER be greater that 50% of Spouses PIA??
Replies: 18
Views: 1577

Re: Can Spousal SS Benefit EVER be greater that 50% of Spouses PIA??

Ace1 wrote:
Thu Jul 11, 2019 9:52 pm
One Ping,
You are correct...LES spousal does get reduced if spousal is filed for before LES FRA.
And there may even be a deemed filing event for LES triggered once HES files for HES benefit.

Ace
Would not surprise me at all for there to be a deemed filing requirement since she is born after 1954.
by One Ping
Thu Jul 11, 2019 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Can Spousal SS Benefit EVER be greater that 50% of Spouses PIA??
Replies: 18
Views: 1577

Re: Can Spousal SS Benefit EVER be greater that 50% of Spouses PIA??

Ace1 and David Jay, Yes, this is what i was pretty sure was the case for the spousal restricted application. One interesting thing i noticed when i ran this through opensocialsecurity was that when he files at 70, her total benefit comes out as $932, not $979. I think this is because she is only 64y...
by One Ping
Thu Jul 11, 2019 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Can Spousal SS Benefit EVER be greater that 50% of Spouses PIA??
Replies: 18
Views: 1577

Re: Can Spousal SS Benefit EVER be greater that 50% of Spouses PIA??

David Jay wrote:
Thu Jul 11, 2019 7:26 pm
NOTE: The SS office may allow him to retroactively file as of his FRA and get those (11) months of back payments.
This would be a good idea, but i dont think you can go back to before the spouse filed (6/2019)

Also, dont know if you can do the retroactive "thing" on a restricted application.
by One Ping
Thu Jul 11, 2019 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Can Spousal SS Benefit EVER be greater that 50% of Spouses PIA??
Replies: 18
Views: 1577

Re: Can Spousal SS Benefit EVER be greater that 50% of Spouses PIA??

For clarification ( I think you may have switched spousal genders on us in the course of your pos t): 1. “He” is age FRA plus some months and is the lower earner (will receive the spousal benefit) 2. “She” will be age 62 in (Sept/Oct) and is the higher earner I used this configuration in my recomme...
by One Ping
Thu Jul 11, 2019 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Can Spousal SS Benefit EVER be greater that 50% of Spouses PIA??
Replies: 18
Views: 1577

Can Spousal SS Benefit EVER be greater that 50% of Spouses PIA??

I thought I knew the answer to this, but ... Someone whose opinion I usually respect said at lunch today that since they were waiting to claim their spousal benefit until FRA + 11 months (starting in August or September 2019), they would be getting more than 50% of their spouses FRA benefit. I don't...
by One Ping
Sat Jul 06, 2019 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: trustee duties when grantor passes
Replies: 19
Views: 798

Re: trustee duties when grantor passes

My understanding is that a trust never really "dies," it just reaches a point where there are zero assets (and thus nothing for a trustee to do or for a beneficiary to benefit from). Hopefully one of the experts will confirm. See my signature. To protect yourself as trustee you should obtain final ...
by One Ping
Sat Jul 06, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: trustee duties when grantor passes
Replies: 19
Views: 798

Re: trustee duties when grantor passes

My understanding is that a trust never really "dies," it just reaches a point where there are zero assets (and thus nothing for a trustee to do or for a beneficiary to benefit from). Hopefully one of the experts will confirm. See my signature. To protect yourself as trustee you should obtain final ...
by One Ping
Tue Jun 25, 2019 11:56 am
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 862
Views: 56861

Re: My trend following strategy and experience

hdas wrote:
Tue Jun 25, 2019 10:17 am
There's an interview with your guru where he rightfully admits his "system" is a over-fitting joke.
Reference for this unsubstantiated claim, please?
by One Ping
Mon Jun 24, 2019 5:16 pm
Forum: Personal Consumer Issues
Topic: Harry Bosch: the Amazon Series vs the novels
Replies: 58
Views: 10262

Re: Harry Bosch: the Amazon Series vs the novels

Just finished Season 1 last night. Wife and I loved it! We've been listening to Bosch books for years. Welliver not what I expected, but I got used to him. Given the comments here, can't wait to see Season 2. One jarring difference from the novels is Harry's home. In both the novel and TV show, he w...
by One Ping
Mon Jun 24, 2019 4:46 pm
Forum: Personal Consumer Issues
Topic: Favorite mountain lodge destinations in the west?
Replies: 49
Views: 4328

Re: Favorite mountain lodge destinations in the west?

texasdiver wrote:
Mon Jun 24, 2019 4:17 pm
But am open to any suggestions in the Northwest or Canada.
Whistler, BC might be an option. Not quite a lodge, and it's a long day's drive (7+ hrs), but they might have some options available that could satisfy what you are looking for. You can also take the train from Portland, I think.
by One Ping
Mon Jun 24, 2019 4:21 pm
Forum: Personal Consumer Issues
Topic: Balsamic vinegar?
Replies: 42
Views: 5621

Re: Balsamic vinegar?

If you have one of these shops near you, give them a try. The one we went to had a TON of different Balsamic Vinegars.
https://www.oilvinegar.com/en-us/shops/
by One Ping
Mon Jun 24, 2019 4:03 pm
Forum: Investing - Theory, News & General
Topic: Discrepancy between Matketwatch and Fidelity
Replies: 21
Views: 1334

Re: Discrepancy between Matketwatch and Fidelity

get_g0ing wrote:
Mon Jun 24, 2019 2:57 pm
Thanks, I am interested in the period I circled in my original screenshots.
Which one?

Looks to me like your screenshots cover two different periods.
MarketWatch: 6/21/2018-6/21/2019 (assuming you captured your screenshot this morning)
Fidelity: 5/31/2018-5/31/2019
by One Ping
Mon Jun 24, 2019 3:10 pm
Forum: Investing - Theory, News & General
Topic: When the Conventional Wisdom about Taxes in Retirement is Wrong
Replies: 26
Views: 3596

Re: When the Conventional Wisdom about Taxes in Retirement is Wrong

Social Security payments are scheduled to drop around 2030 This isn't really true. Social Security payments are scheduled to drop around 2030 I believe that this is incorrect. As I understand it, the SS "trust fund" is currently projected to be depleted at roughly that time. That's the whole story,...
by One Ping
Wed Jun 19, 2019 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Penalty for working past 70 ?
Replies: 8
Views: 1573

Re: Social Security Penalty for working past 70 ?

Me : 67, Working and deferring Social Security until 70 hopefully. After reaching FRA, you can earn as much as you can or want with NO reduction in SS. oembogle, Since your wife has filed for her retirement benefit, you are past FRA, you eligible to file a restricted application, you can make as mu...
by One Ping
Mon Jun 17, 2019 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: File retroactively for SS spousal benefit?
Replies: 8
Views: 912

Re: File retroactively for SS spousal benefit?

One Ping, Your question has been asked at the "maximize my social security" site and It was answered as follows: "Your wife can claim spousal benefits for up to 6 months retroactively, but not for months prior to the month in which she reached her full retirement age of 66 nor for any months prior ...
by One Ping
Mon Jun 17, 2019 10:48 am
Forum: Personal Finance (Not Investing)
Topic: File retroactively for SS spousal benefit?
Replies: 8
Views: 912

Re: File retroactively for SS spousal benefit?

BlueOrange10, I need a little help with terminology ... The referenced links are pretty dense with SS jargon and I'm having a cognitive crisis moment in trying to follow it all. :? 1) What is an auxiliary? 2) What is a NH? 3) Who files the protective writing and when? (e.g., In the OP case, the high...
by One Ping
Sun Jun 16, 2019 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: File retroactively for SS spousal benefit?
Replies: 8
Views: 912

Re: File retroactively for SS spousal benefit?

For a number of reasons I'm not going to go into, in this scenario the low earner filing for spousal benefit will take place a small number of months (<6) after the high earner files for their own retirement benefit. The question is, at the time of their filing can they request to have their spousal...
by One Ping
Sun Jun 16, 2019 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: File retroactively for SS spousal benefit?
Replies: 8
Views: 912

Re: File retroactively for SS spousal benefit?

BlueOrange10 wrote:
Sun Jun 16, 2019 9:34 pm
Yes, I believe so.

See

https://secure.ssa.gov/poms.nsf/lnx/0200204010
Seems that section on Protective Filing is for disability benefits, not retirement benefits. Sorry, if I didn't make that clear in the OP. I'll edit the OP.
by One Ping
Sun Jun 16, 2019 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: File retroactively for SS spousal benefit?
Replies: 8
Views: 912

File retroactively for SS spousal benefit?

Lower earning spouse: Age 73 Filed for own benefit in 2011 Higher earning spouse: Age 67 Filed for spousal benefit in 2017 The plan is for the higher earning spouse to file for their own retirement benefit sometime in the next 2½ years. IF the lower earning spouse waits to file for their spousal ben...
by One Ping
Thu Jun 13, 2019 7:55 pm
Forum: Investing - Theory, News & General
Topic: Slice and dice for bonds
Replies: 49
Views: 3555

Re: Slice and dice for bonds

What I do like, is keeping the relative duration of my bonds somewhere around my expected need of the money. If I have liabilities one year out and I've got that money in a portfolio of bonds maturing 5 years from now I've introduced risk that isn't necessary... there's usually a higher yield assoc...
by One Ping
Thu Jun 13, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: Slice and dice for bonds
Replies: 49
Views: 3555

Re: Slice and dice for bonds

What I do like, is keeping the relative duration of my bonds somewhere around my expected need of the money. If I have liabilities one year out and I've got that money in a portfolio of bonds maturing 5 years from now I've introduced risk that isn't necessary... there's usually a higher yield assoc...
by One Ping
Thu Jun 13, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Re: Is POD the best designation for Mom’s checking account?

No experience or expertise, but from what our estate attorney regularly told folks - the standard for "incapacity" in such situations is quite "liberal" . Find an experienced attorney that does this all the time and is familiar with the details in your state. :?: Does this mean it's easy to get som...
by One Ping
Thu Jun 13, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Re: Is POD the best designation for Mom’s checking account? UPDATE

I talked to the bank today. Turns out my General Durable Power of Attorney is good for 'Personal Finances,' but what that really means is I can ... ... withdraw and deposit funds from bank accounts belonging to Principal and to enter and remove contents of all safe deposit boxes rented by the princ...
by One Ping
Thu Jun 13, 2019 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Re: Is POD the best designation for Mom’s checking account?

Thank, donall.
donall wrote:
Thu Jun 13, 2019 9:44 am
Tax forms need to be filed for both the individual and estate/trust in the year of death.
Is this true even if, had she lived, she would not have been required to file for the year?
by One Ping
Wed Jun 12, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: RMD and expected life span
Replies: 30
Views: 2804

Re: RMD and expected life span

Spirit Rider wrote:
Tue Jun 11, 2019 6:32 pm
The IRS updated the RMD tables in 1987 and 2002, that would imply that they might update tables in the next few years.
Anyone know where to find the RMD tables for 1) pre-1987 and 2) 1987-2001? Might be interesting to see how they changed when they DID change them.
by One Ping
Tue Jun 11, 2019 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Re: Is POD the best designation for Mom’s checking account? UPDATE

I talked to the bank today. Turns out my General Durable Power of Attorney is good for 'Personal Finances,' but what that really means is I can ... ... withdraw and deposit funds from bank accounts belonging to Principal and to enter and remove contents of all safe deposit boxes rented by the princi...
by One Ping
Tue Jun 11, 2019 10:13 am
Forum: Investing - Theory, News & General
Topic: Downsides of VPW?
Replies: 101
Views: 7415

Re: Downsides of VPW?

Cool. Thanks, longinvest. I look forward to checking it out.
by One Ping
Mon Jun 10, 2019 8:10 pm
Forum: Personal Investments
Topic: why are Small Caps falling?
Replies: 124
Views: 11962

Re: why are Small Caps falling?

According to Morningstar, there are eight small cap mutual funds currently in existence that also existed when Vanguard 500 Index fund started . From 8/31/1976 to 12/31/1983 all eight of them outperformed VFINX. https://i.imgur.com/mjOhFfR.png The chart only has room to show 7 of them. This is just...
by One Ping
Mon Jun 10, 2019 6:10 pm
Forum: Personal Investments
Topic: why are Small Caps falling?
Replies: 124
Views: 11962

Re: why are Small Caps falling?

According to Morningstar, there are eight small cap mutual funds currently in existence that also existed when Vanguard 500 Index fund started . From 8/31/1976 to 12/31/1983 all eight of them outperformed VFINX. https://i.imgur.com/mjOhFfR.png The chart only has room to show 7 of them. This is just...
by One Ping
Sun Jun 09, 2019 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Re: Is POD the best designation for Mom’s checking account?

Don't forget that under PoD/ToD, you won't receive the funds until after the death certificate is presented and that can be weeks. (Took ~6 weeks to recieve the death cert when my mom passed away in California.) When my Dad died a few months ago it only took about 5-6 days to get the DC. (This was ...
by One Ping
Sun Jun 09, 2019 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Re: Is POD the best designation for Mom’s checking account?

Some money should be left in the estate, not POD. ... You also should assume that some expenses may need to be paid before you have official documentation as the executor, such as at least partial payment to the funeral home. Anyone know if the checking account was changed to my being a joint owner...
by One Ping
Sun Jun 09, 2019 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Re: Is POD the best designation for Mom’s checking account?

Some money should be left in the estate, not POD. ... You also should assume that some expenses may need to be paid before you have official documentation as the executor, such as at least partial payment to the funeral home. Anyone know if the checking account was changed to my being a joint owner...
by One Ping
Sun Jun 09, 2019 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Re: Is POD the best designation for Mom’s checking accou

Some money should be left in the estate, not POD. ... You also should assume that some expenses may need to be paid before you have official documentation as the executor, such as at least partial payment to the funeral home. Anyone know if the checking account was changed to my being a joint owner...
by One Ping
Sat Jun 08, 2019 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Re: Is POD the best designation for Mom’s checking account?

Thanks, CAsage. Yes, having you as Joint on that account will insure that the account isn't closed or frozen, and you can simply continue to pay Mom's bills from that. And then you don't have to open a new estate account or run the bills through your account. This is what I hope we can do. Having bo...
by One Ping
Sat Jun 08, 2019 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Re: Is POD the best designation for Mom’s checking account?

Those things you mentioned (last utility bill, last credit card, bill, etc.) are pretty minor things. The thought is that if the choices are a) a formal probate process with a court appointed executor with paid legal assistance or b) ignore all that, don't petition for letters of appointment and th...
by One Ping
Sat Jun 08, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Re: Is POD the best designation for Mom’s checking account?

Couple more questions : 1) Does joint ownership (JTWROS) allow the account to stay open and immediately accessible to the remaining owner after one of the owners has died? 2) Are there any issues with being a joint owner of an account while simultaneously being a POA for another joint owner. 3) If t...
by One Ping
Sat Jun 08, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Re: Is POD the best designation for Mom’s checking account?

Thanks, guys. Lots of good comments and ideas. Let me address them ... I think you're on the right track. I would keep ~$10K - $20K in the checking and remove the POD designation. Keep enough in the (non-POD) checking account to cover burial expenses and final bills. POD is fine for amounts above wh...
by One Ping
Sat Jun 08, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Is POD the best designation for Mom’s checking account?
Replies: 38
Views: 2819

Is POD the best designation for Mom’s checking account?

Background My Mother is a recently widowed 91yo living in a CCRC with some early signs of dementia. I have her POA and am currently listed as POA on her bank accounts. Because of this when my father died recently, I was able to handle all the transactions (legal and financial) quickly and cleanly f...
by One Ping
Tue Jun 04, 2019 7:22 pm
Forum: US Chapters
Topic: June 6, 1944 D Day and General Patton [D-Day plus 11 days, a war article by Ernie Pyle]
Replies: 42
Views: 4141

Re: June 6, 1944 D Day and General Patton

One of the greatest deceptions ever. Patton, like MacArthur in the Pacific, were so in love with themselves, but they got results, always keeping the axis commands worried. Had Patton been a man of more humility and less of a leader, the deception never would have worked. And thanks to all that ser...
by One Ping
Tue Jun 04, 2019 7:13 pm
Forum: Investing - Theory, News & General
Topic: Downsides of VPW?
Replies: 101
Views: 7415

Re: Downsides of VPW?

2. I think I am going to set aside enough to bridge SS from 55 to 70. By set aside, I just mean mental accounting. All money will reside in a 60/40 BH portfolio. No SPIA. This should require about $700k of my projected $1.7M of savings. Corn18, the new spreadsheet I'm proposing to build (see this p...
by One Ping
Tue Jun 04, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Is it Wise to Remove Escrow if Bank Allows it?
Replies: 87
Views: 5945

Re: Is it Wise to Remove Escrow if Bank Allows it?

What do bogleheads do concerning escrow? Do you get rid of it as soon as your able to allow greater flexibility? Or do you keep it as its two less bills to keep track of (RE taxes & Home Ins.)? Get rid of it. It is not uncommon for lenders to make mistakes with the payments and not pay the bills on...
by One Ping
Mon Jun 03, 2019 12:12 pm
Forum: Personal Consumer Issues
Topic: Anyone familiar with driving from Disneyland area to Tucson, Az?
Replies: 39
Views: 2153

Re: Anyone familiar with driving from Disneyland area to Tucson, Az?

11cents wrote:
Mon Jun 03, 2019 11:34 am
As you approach Phoenix on I-10, you can take the connector highway 85 due south to I-8. I did this some years ago and avoided the Phoenix traffic.
This! Google says it's virtually the same driving time, but it has less potential for variability because you miss the Phoenix traffic.
by One Ping
Sat Jun 01, 2019 6:00 pm
Forum: Personal Investments
Topic: VMFXX Federal Tax Deductible
Replies: 2
Views: 372

Re: VMFXX Federal Tax Deductible

Might check out this thread ...

viewtopic.php?t=258204#p4104036
by One Ping
Fri May 31, 2019 11:48 am
Forum: Personal Investments
Topic: Ultimate Buy and Hold...thoughts?
Replies: 38
Views: 6380

Re: Ultimate Buy and Hold...thoughts?

Poster 2015's criticism of Paul Merriman for using "Foundation" in the title without actually reading what he has to say is akin to judging a book by its cover. BTW, I noticed yesterday that 2015 has "disappeared" from the site. Couldn't find him/her as a member and couldn't search for his/her post...