Search found 164 matches

by Swimmer
Mon Nov 13, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 7709

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

You, sir, are an inspiration. Thank you for sharing your experience and for your thoughtful post. Sorry you and your family are dealing with this disease.
by Swimmer
Tue Oct 24, 2017 7:48 am
Forum: Personal Finance (Not Investing)
Topic: What's the purpose of having a child's name on a deed?
Replies: 43
Views: 3619

Re: What's the purpose of having a child's name on a deed?

Just now catching up to my original thread. So let's say my parents pass away and their house is worth 100k. If the will states my brother and I are to split the property, would he pay 4.5% each (on 50k) or on the 100k amount? Now in our case we have a mortgage on our home and we have life insuranc...
by Swimmer
Mon Oct 02, 2017 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: What's the purpose of having a child's name on a deed?
Replies: 43
Views: 3619

Re: What's the purpose of having a child's name on a deed?

Pennsylvania is not a community property state, so the step up basis on death only applies to the portion of the asset owned by the deceased party. For a married couple, the assumption is a 50/50 split absent a prenup, so on the death of one spouse, the survivor receives a step up basis on 50% of t...
by Swimmer
Wed Sep 20, 2017 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Who has needed to use their umbrella insurance?
Replies: 129
Views: 17030

Re: Who has needed to use their umbrella insurance?

Having recently inherited an IRA that is in the high six figures, I just upped my umbrella to $2 million, precisely because of this, though admittedly I could have actually done the research first to determine whether my state protects inherited IRAs the same as "regular" retirement accounts. Depen...
by Swimmer
Thu Sep 14, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Use IRS Direct Pay for estimated tax payments on irregular Roth conversions?
Replies: 19
Views: 1322

Re: Use IRS Direct Pay for estimated tax payments on irregular Roth conversions?

I guess ignorance is bliss. Until last year, I simply filed a 4th Q ES to cover a late year conversion. I probably did this 8 times, feeling like I was acting in good faith. Never a single objection from the IRS. Shhh :shock:
by Swimmer
Tue Sep 12, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Freeze affects SSA online account
Replies: 22
Views: 2783

Re: Credit Freeze affects SSA online account

Helpfull information for all those that have frozen their credit. I froze my credit with the five agencies over the last few days due to the Equifax breach. The last step was to create my online Social Security Association account, but I was denied. The web page instructed me to call a number and s...
by Swimmer
Fri Sep 01, 2017 3:46 pm
Forum: Personal Consumer Issues
Topic: Dropped envelope of money at bank... Any lawyers here?
Replies: 72
Views: 4359

Re: Dropped envelope of money at bank... Any lawyers here?

The bank is not free to ignore a court subpoena, assuming the police/prosecutors want to go in that direction. Your friend could also sue the unnamed defendant and the bank, and then issue a discovery request for the identity of the individual, which the bank would also not be free to ignore. This ...
by Swimmer
Fri Sep 01, 2017 3:06 pm
Forum: Personal Consumer Issues
Topic: Dropped envelope of money at bank... Any lawyers here?
Replies: 72
Views: 4359

Re: Dropped envelope of money at bank... Any lawyers here?

A similar situation recently occurred at my supermarket in FL where a customer accidentally left his wallet on the counter when he checked out. The customer next in line pocketed the wallet. It was very easy to identify the thief. The Sheriff arrested him within a couple of hours. The supermarket ca...
by Swimmer
Fri Sep 01, 2017 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Should we let MIL pay off our mortgage?
Replies: 69
Views: 9105

Re: Should we let MIL pay off our mortgage?

Thanks for all the replies. To clarify the issue 1. Yes, this is a gift from MIL. Not a loan 2. My MIL is the most selfless, generous human being I've ever met. Her only goal is to give all her money away to her surviving heirs to make our lives easier. She did not want this inheritance. She wants ...
by Swimmer
Thu Aug 24, 2017 7:20 am
Forum: Personal Finance (Not Investing)
Topic: At age 66, should let my $1MM life insurance policy lapse?
Replies: 32
Views: 4501

Re: At age 66, should let my $1MM life insurance policy lapse?

DH and I faced this decision about 10 years ago. We decided to drop it and invest the premium cost instead. Well, thankfully, he's still going strong and in excellent shape. No regrets. YMMV
by Swimmer
Sat Aug 19, 2017 12:05 pm
Forum: Personal Consumer Issues
Topic: Lawn Experts Help! How to get rid of this weed?
Replies: 17
Views: 1545

Re: Lawn Experts Help! How to get rid of this weed?

The correct herbicide for this broadleaf weed is determined by the type of turfgrass; St. Augustine, Floratam, Zoysia, etc. As others have suggested, call your County Extension Service or take samples to one of their plant clinics. I'm a Master Gardener in Florida. Don't use a weed N feed product or...
by Swimmer
Mon Aug 14, 2017 8:28 am
Forum: Personal Consumer Issues
Topic: Long Distance Auto Transport
Replies: 7
Views: 587

Long Distance Auto Transport

Good morning, I need to ship a car from Western PA to LA. Has anyone had experience with an auto transport company? Would appreciate comments--good or bad--wrt specific companies. Montway, found online, appears to be a large one (at least online) and shows a number of excellent reviews. But when you...
by Swimmer
Sat Aug 05, 2017 6:37 am
Forum: Investing - Help with Personal Investments
Topic: Agent authorizations when "upgrading" at Vanguard
Replies: 2
Views: 411

Re: Agent authorizations when "upgrading" at Vanguard

Last year we completed Agent Authorizations for our tIRAs and Roths, appointing a relative our agent. Our intent is for him to have limited authority over ALL our accounts. At that time, we did not have IRA brokerage accounts. In the process of upgrading we opened brokerage accounts in the IRAs and...
by Swimmer
Sat Aug 05, 2017 5:27 am
Forum: Investing - Help with Personal Investments
Topic: Agent authorizations when "upgrading" at Vanguard
Replies: 2
Views: 411

Agent authorizations when "upgrading" at Vanguard

Last year we completed Agent Authorizations for our tIRAs and Roths, appointing a relative our agent. Our intent is for him to have limited authority over ALL our accounts. At that time, we did not have IRA brokerage accounts. In the process of upgrading we opened brokerage accounts in the IRAs and ...
by Swimmer
Mon Jul 31, 2017 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: CD Ladder
Replies: 16
Views: 2171

Re: CD Ladder

y Swimmer ┬╗ Mon Jul 31, 2017 5:01 am How does one "run a CD ladder?" Can this be done from Vanguard's site? Maybe I'm missing it. Thanks. Don't know if you can do it on VG, but go to FIDO and you can see how it is done. Pretty nifty actually. We keep our "cash" in AMX Bank savings (around 1% and co...
by Swimmer
Mon Jul 31, 2017 6:14 am
Forum: Personal Consumer Issues
Topic: Non Stick frying pan
Replies: 66
Views: 5377

Re: Non Stick frying pan

Agree. I bought an All Clad mistakenly thinking it would last. Despite giving it excellent care, it's no better than the cheap ones. I'm about to pitch it.
by Swimmer
Mon Jul 31, 2017 6:01 am
Forum: Investing - Help with Personal Investments
Topic: CD Ladder
Replies: 16
Views: 2171

Re: CD Ladder

How does one "run a CD ladder?" Can this be done from Vanguard's site? Maybe I'm missing it. Thanks.
by Swimmer
Fri Jul 21, 2017 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Lexus to Camry, invest difference
Replies: 30
Views: 2952

Re: Lexus to Camry, invest difference

Keep the Lexus. You'll get low ball offers from dealers. The Lexus will last just as long as Toyota. Don't worry about the minor stuff that will happen anyway. Enjoy the car and have fun. The Lexus reliability will give you peace of mind . +1. I thought I needed a SUV and traded in my 2013 350 ES. ...
by Swimmer
Mon Jul 17, 2017 5:31 am
Forum: Personal Consumer Issues
Topic: anyone retire and move to a planned community in FL?
Replies: 48
Views: 6890

Re: anyone retire and move to a planned community in FL?

I just cannot fathom why anyone would want to retire in Florida. The summers are so insanely uncomfortable, you practically cannot do anything outside. Any outdoor activity basically have to do before 8am, otherwise it's too hot and humid. Also just being outside for like 30 seconds and you will be...
by Swimmer
Sat Jul 15, 2017 6:41 am
Forum: Personal Consumer Issues
Topic: Outside Pittsburgh short trip ideas
Replies: 36
Views: 2519

Re: Outside Pittsburgh short trip ideas

Steelersfan wrote:
prudent wrote:
TBillT wrote:Kennywood's open, of course :wink: .
I see what you did there. :D I did literally LOL.
Speaker yinzer much?????

lol

I haven't heard the Kennywood thing n'at in a while, yunz guys. Lol.
by Swimmer
Fri Jul 14, 2017 9:17 am
Forum: Personal Consumer Issues
Topic: Road noise in 2017 Honda CRV?
Replies: 32
Views: 5334

Re: Road noise in 2017 Honda CRV?

I just purchased a 2017 CR-V EX. The road noise is not too bad in my opinion. The salesman said that Honda has added some extra insulation to the 2017 to address the problem in older models. Not as quiet as some luxury models, of course. I think you're correct. We went from a Lexus sedan to a CRV. ...
by Swimmer
Fri Jul 14, 2017 9:12 am
Forum: Personal Consumer Issues
Topic: Estate Planning-Question on Trust
Replies: 11
Views: 1026

Re: Estate Planning-Question on Trust

At some point would you be willing to add one of your kids as co-trustee? Experience for many of has been that banks and other financial institutions routinely refuse to accept POA documents that are not on their specific forms. Whether the state laws say they should or not. But almost everyone wil...
by Swimmer
Fri Jul 14, 2017 4:47 am
Forum: Personal Consumer Issues
Topic: anyone retire and move to a planned community in FL?
Replies: 48
Views: 6890

Re: anyone retire and move to a planned community in FL?

Our experience with an active adult communites is very positive. We do pay fairly high HOAs but they support many social activities and amenities. Our social life is very active with a large group of friends. Most of those who move to this type of community are looking for much the same things: soc...
by Swimmer
Wed Jul 12, 2017 1:44 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 15870

Re: Costco with a "gentle" bump for memebership

Goal33 wrote:Not sure what I save or not but Costco is fun
I'm a person who hates to shop, but, I agree. Costco is fun. I don't know why.
by Swimmer
Wed Jul 12, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Jewelry insurance. Is it ever worth it?
Replies: 42
Views: 4938

Re: Jewelry insurance. Is it ever worth it?

Had a piece of jewelry get lost/stolen and insurance company paid $10k within two weeks. In that case it was a great investment! Bummed to not have the jewel anymore but the check helped sooth the pain of the loss. Curious. Typically, jewelry insurance is a rider on homeowners. Was your claim consi...
by Swimmer
Wed Jul 12, 2017 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Personal loan to a family member
Replies: 114
Views: 7914

Re: Personal loan to a family member

I mean no offense, but have you asked yourself WHY you "would like" to make this loan?
by Swimmer
Wed Jul 12, 2017 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Personal loan to a family member
Replies: 114
Views: 7914

Re: Personal loan to a family member

IMO a loan to a relative, however well intended, can backfire. You don't say what the amount involved is. Based on my unpleasant experience with a loan from my parents when we first married, we decided that if we couldn't afford to give the money to our kids, we would not lend it. A loan seems to bu...
by Swimmer
Wed Jul 12, 2017 6:53 am
Forum: Personal Finance (Not Investing)
Topic: Jewelry insurance. Is it ever worth it?
Replies: 42
Views: 4938

Re: Jewelry insurance. Is it ever worth it?

I carried insurance the first couple of years on my diamond ring. As I became more physically active, I gradually stopped wearing it most of the time. I dropped the insurance and now I put it in my safe deposit box at my nearby bank. Every few weeks I retrieve it to wear for a special social occasio...
by Swimmer
Tue Jul 11, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Last 80 minutes of my career
Replies: 64
Views: 10809

Re: Last 80 minutes of my career

Today is the 7th anniversary of my retirement! Your post reminded me. Coworkers thought I was insane for leaving so early. I enjoyed the job and traveled the world. Do I miss any of it? Not for a second! :D God bless you on this new chapter of your life!
by Swimmer
Tue Jul 11, 2017 10:39 am
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 15870

Re: Costco vs. other wholesale clubs

I like that Costco has no coupons, this tells me that their prices are close to what they pay. I get coupons in the mail from Costco every month. I am a member of Sam's, BJ's and Costco. I like Costco the best. No coupon required at the register. So why do they send them out? To lure you in. It mus...
by Swimmer
Tue Jul 11, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: 4th Q Roth conversion taxes
Replies: 5
Views: 479

4th Q Roth conversion taxes

I'm considering an additional Roth conversion later this year. I've planned Federal tax withholding and Estimated quarterly payments to adequately cover taxes for conversions so far this year. My question is: if I do another conversion, is it ok to add the (new conversion's) tax amount into the Sept...
by Swimmer
Tue Jul 11, 2017 8:19 am
Forum: Personal Consumer Issues
Topic: Family member fleecing Alzheimers victim
Replies: 26
Views: 5114

Re: Family member fleecing Alzheimers victim

The more I think about it the more likely it is that Step father will have to go into a VA retirement center as he will not be able to afford the private facility due to his health costs. If you are going to do this, start the process. I had my father placed with the VA. Very difficult, lengthy, sm...
by Swimmer
Tue Jul 11, 2017 6:17 am
Forum: Personal Consumer Issues
Topic: Moto G4 Memory
Replies: 9
Views: 861

Re: Moto G4 Memory

DH and I recently purchased G4s at Target. I don't know the answer to your question, but if you stop by the electronics desk there and ask the Consumer Cellular Tech on duty he/she would probably be happy to help even if you didn't purchase there. These folks are so knowledgeable and helpful. Also, ...
by Swimmer
Tue Jul 11, 2017 6:03 am
Forum: Personal Consumer Issues
Topic: anyone retire and move to a planned community in FL?
Replies: 48
Views: 6890

Re: anyone retire and move to a planned community in FL?

We rented for three winters in The Villages before buying in 2012. We love it. There are countless opportunities for activities, growth, fitness, and volunteering. There are many ways to help others--both within and outside The Villages. There are always new things to learn. I've become a Master Gar...
by Swimmer
Tue Jul 11, 2017 5:36 am
Forum: Personal Consumer Issues
Topic: Ireland tour using CIE as tour operator
Replies: 6
Views: 904

Re: Ireland tour using CIE as tour operator

OP here...thanks to all for your responses.
by Swimmer
Sun Jul 09, 2017 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy
Replies: 13
Views: 1820

Re: Umbrella Policy

You should have it. Shop around to find a better deal. You should be able to get 1 million dollar coverage for about $200 a year. In order to get that type of deal - you might have to bundle your auto/home/umbrella policy with the same insurance company. Could cost depend on your state? We have a $...
by Swimmer
Sun Jul 09, 2017 5:26 am
Forum: Personal Consumer Issues
Topic: Android phone, which one?
Replies: 16
Views: 1434

Re: Android phone, which one?

DH and I just bought Moto G4s at Target for $124.99 each. Love them! Switched to Consumer cellular. All set up by a knowledgeable Tech guy at Target. We're very happy with them. Our CC plan is $35/month for both.
by Swimmer
Thu Jul 06, 2017 5:09 pm
Forum: Personal Consumer Issues
Topic: Ireland tour using CIE as tour operator
Replies: 6
Views: 904

Re: Ireland tour using CIE as tour operator

We did this tour last year. Had a great time. Driver was very knowledgeable (and entertaining). For a first visit, well worth it. Only real downside was you are so busy visiting one venue after another you don't get the time to soak it in. We are looking forward to going back on our own and picking...
by Swimmer
Tue Jul 04, 2017 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Temporary Internal Promotion - Increased Compensation?
Replies: 73
Views: 4726

Re: Temporary Internal Promotion - Increased Compensation?

Dear manager, I'm excited about this opportunity, blah. okay. I think we can do x y and z during his period. Maybe you should be in the position for a little while before making plans/promises I would like for us to have an open agenda item should X's medical leave be extended beyond the six month ...
by Swimmer
Mon Jul 03, 2017 11:36 am
Forum: Personal Consumer Issues
Topic: Ireland tour using CIE as tour operator
Replies: 6
Views: 904

Ireland tour using CIE as tour operator

Hi, I'm considering a trip to Ireland using CIE as tour operator. I've googled and found some negative reviews and a couple positive ones...but not many total reviews at all unless there's somewhere else I should check. This tour is very pricey. I want to make sure I'm selecting the best operator. H...
by Swimmer
Sat Jul 01, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: swimming goggles
Replies: 29
Views: 2354

Re: swimming goggles

J295 wrote:I am using TYR (nose bridge not adjustable) and have no problems at all. I moisten the suction cups and the interior lenses before putting them on.

I don't know...I swam today and the Speedo Vanquishers, which never leaked in the past two months, leaked! Be careful and good luck.
by Swimmer
Fri Jun 30, 2017 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Hiring an executor for my will
Replies: 72
Views: 8012

Re: Hiring an executor for my will

I just spoke to a bank and all they seem to want to do is have me move my IRA's from three different places (Vanguard, Fidelity, TIAA-CREF) to them. Maybe my savings accounts (which are in higher interest paying internet banks) as well. Ummm. No. I hadn't intended to upend my entire investment stra...
by Swimmer
Thu Jun 29, 2017 8:16 am
Forum: Personal Finance (Not Investing)
Topic: What Car Should I Buy My Daughter as a Graduation Present
Replies: 150
Views: 10850

Re: What Car Should I Buy My Daughter as a Graduation Present

Our engineer son just traded in his 2002 Camry for a new, sporty Camry model. All he ever put into the 2002 was regular maintenance and tires!
by Swimmer
Mon Jun 26, 2017 5:21 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 15870

Re: Sam's Club vs. Costco

I have read so many comments, here and elsewhere, from rabid Costco fans that I have been eagerly anticipating a Costco opening nearby in the not-too-distant future. However, after reading this thread, I'm not so sure I will even join when it opens. As of right now, the only motivation I might have...
by Swimmer
Mon Jun 26, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Account - Payable on Death or Account Co-Owner
Replies: 14
Views: 1254

Re: Bank Account - Payable on Death or Account Co-Owner

I was listed as co-owner on my mother's account. It clearly made it easy for me to pay her bills. In PA there's an inheritance tax on everything. I had to pay it on half the funds in this account the date of her death. Fortunately, the balance wasn't too high. I don't think this inheritance tax is a...
by Swimmer
Fri Jun 23, 2017 5:33 am
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 21247

Re: Siblings in disagreement over mom's house.

When we three sibs inherited our mom's house, each of our spouses had to sign when we sold it. This surprised me. Their names weren't on the deed. What if one of them decided not to sign?

This real estate was in PA.
by Swimmer
Thu Jun 22, 2017 7:38 pm
Forum: Personal Consumer Issues
Topic: What do you say when you cancel an account that you only opened for bonus?
Replies: 64
Views: 5476

Re: What do you say when you cancel an account that you only opened for bonus?

Just say, basically, "I'm closing this account because I've decided to close it. My decision is firm." If they pester you for a reason, just keep giving variations on "I have made my decision." You can try the Sean Spicer variation:: "I'm closing my account because I strongly and decisively made a ...
by Swimmer
Thu Jun 22, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 21247

Re: Siblings in disagreement over mom's house.

2pedals wrote:I think it is possible that a tenant in common could take out a mortgage on their share. The loan would have to be settled after a sale. A keeper would be reluctant to sell in this scenario, could this be why the keepers don't want to sell?
Yikes! That's an interesting thought. :annoyed
by Swimmer
Thu Jun 22, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Sending money and confirming receipt?
Replies: 18
Views: 1413

Re: Sending money and confirming receipt?

KlangFool wrote:OP,

What if you have the person's bank account # and deposit the money straight into the person's bank A/C?

KlangFool
I've done this. My bank confirms with an email to them. When funds hit their account, my bank sends me an email. Easy, no cost, very convenient for all.
by Swimmer
Thu Jun 22, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 21247

Re: Siblings in disagreement over mom's house.

Update: 1. The house will be getting insurance at the latest by tomorrow. I am awaiting insurance company to contact me for payment. Btw keepers did not comment about getting insurance for the house. Forgive my bluntness, but there's only two end-games. I obviously think you should go for the latte...