Search found 100 matches

by Lexi
Sat Dec 15, 2018 9:39 am
Forum: Personal Consumer Issues
Topic: Law school without practicing law
Replies: 42
Views: 2066

Re: Law school without practicing law

I see, good point about medical doctors. So “Doctor” really refers in practice to someone who has both graduated medical school and passed the licensing exam? As for doctors of philosophy, all I can say is that at least in the sciences, someone who self-titled as “Doctor” would be looked upon very d...
by Lexi
Sat Dec 15, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Law school without practicing law
Replies: 42
Views: 2066

Re: Law school without practicing law

In my opinion, calling oneself “Dr.” is acceptable only if one is a medical doctor, since disambiguation is important in that case — e.g. to make it clear one is authorized to write a prescription or perform surgery. Other kinds of doctors (PhDs, DPhils etc.) should never call themselves “Dr.,” thou...
by Lexi
Sun Nov 25, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: SS and WEP [Social Security and Windfall Elimination Provision]
Replies: 15
Views: 1041

Re: SS and WEP

When she reaches FRA and has the option to draw against my SS account, does anyone know if her total is also subject to WEP? It would seem not as even a never-working spouse can get 50% so why should she be penalized? I can't find this addressed on the SSA site. Thanks... If your wife had worked at...
by Lexi
Sun Nov 25, 2018 10:41 am
Forum: Personal Consumer Issues
Topic: Aging Parent's deteriorating home
Replies: 30
Views: 3843

Re: Aging Parent's deteriorating home

Since they still appear to be competent and willing to deal with major issues, I would be positive about what they have done and talk to them about the next major issue. That seems to be the water in the basement. Assume that they may not be aware of things they are used to or just haven’t gotten to...
by Lexi
Tue Nov 06, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Can't Create SS Account - Security Questions Mismatch
Replies: 13
Views: 1371

Re: Can't Create SS Account - Security Questions Mismatch

SSA gets the questions from a Credit Bureau. I don’t believe the credit bureaus make questions up but they are incompetent. We have had one merge my identity with someone else and the same thing with my husband’s. The strange questions may well result from another person who has no idea either. Pull...
by Lexi
Thu Oct 25, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Why Does Social Security Want a Form L564 From My Wife?
Replies: 16
Views: 1678

Re: Why Does Social Security Want a Form L564 From My Wife?

She cannot be covered by an HSA and Medicare of any sort — that is the law. She does need to withdraw from Part A asap.
by Lexi
Sun Sep 16, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13444

Re: Considering Quitting Job - Seeking Advice. Would you do it?

I once had a job with similar demands but not that many hours. I had two rules based on my sense of my own diminishing (approaching negative) productivity: 1. I will not work past midnight 2. I will not work both days of a weekend I don’t advocate these rules but rather suggest that you can set some...
by Lexi
Tue Aug 28, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Mega Downsize....
Replies: 91
Views: 8647

Re: Mega Downsize....

Take a good look at what you think can be sold. Try checking eBay for actual sales of similar items and note the price. To me the amount you can get for a lot of stuff is not worth the time and effort it takes to make the final sale. On the other hand, giving stuff away can be very easy through webs...
by Lexi
Thu Aug 16, 2018 6:08 am
Forum: Personal Finance (Not Investing)
Topic: Marriage Name Change Logistics
Replies: 14
Views: 1587

Re: Marriage Name Change Logistics

Step 1: notify social security administration
by Lexi
Sat Aug 04, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: USPS Informed Delivery
Replies: 43
Views: 3316

Re: USPS Informed Delivery

They probably use one of the credit report companies to get their security questions, so the questions are as accurate as the credit reports. In my experience that is poor. They have merged my report and my husband’s with other relatives. You can check and correct the information in the report or ju...
by Lexi
Fri Jul 13, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Would you trade experiences in your youth for early retirement
Replies: 81
Views: 6014

Re: Would you trade experiences in your youth for early retirement

I think the goal of FIRE should be split into two parts, FI and RE. The first is very important to me but the second is not. I spent my 20s get the education and skills to be able to do work that was fulfilling and well compensated while living on little, my 30s getting myself comfortable financiall...
by Lexi
Thu May 03, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Continuing Care facility - shielding some assets for the kids
Replies: 37
Views: 4314

Re: Continuing Care facility - shielding some assets for the kids

The CCRC uses each patient’s insurance coverage and most will have Medicare with some form of supplement or HMO plan. The CCRC guarantees that the accepted applicants can stay for their lifetime. If they run out of funds and qualify for Medicaid the CCRC will keep them and take that payment but they...
by Lexi
Thu May 03, 2018 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Continuing Care facility - shielding some assets for the kids
Replies: 37
Views: 4314

Re: Continuing Care facility - shielding some assets for the kids

CCRCs all try to make sure that new applicants have the resources to cover their costs for the CCRC over their lifetime(s) but the specific arrangements will vary in such factors as the upfront fees, ongoing fees, promises of future changes in ongoing fees, guarantees for services the CCRC will prov...
by Lexi
Mon Mar 26, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Costs, Pros, & Cons of CCRC - Continuing Care Retirement Communities - Aging in Place. Pitfalls?
Replies: 11
Views: 2383

Re: Costs, Pros, & Cons of CCRC - Continuing Care Retirement Communities - Aging in Place. Pitfalls?

My mother moved from another state into a CCRC near us at just about her 80th birthday. She lived in an independent apartment and then skilled nursing for ~6 years in all. She was very happy with the situation. The financial options included base initial payment with the amount returned disappearing...
by Lexi
Sun Mar 25, 2018 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Self-insuring for healthcare - how would you invest
Replies: 36
Views: 3410

Re: Self-insuring for healthcare - how would you invest

For medical care there are three groups of self-pay patients: 1. Too poor to afford insurance — they will take what they can get and provide the minimum treatment they can legally. They still expect you to at least have or apply for Medicaid. 2. Wealthy enough to pay the price list — that isn’t you ...
by Lexi
Sun Mar 18, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Cabot Trail, Nova Scotia (Cheticamp, Ingonish, Cape Breton)
Replies: 12
Views: 1157

Re: Cabot Trail, Nova Scotia (Cheticamp, Ingonish, Cape Breton)

We drove up to Cape Breton last summer, stayed at a nice place in Ingonish (Lantern Hill & Hollow) for 5 days. We drove over to Cheticamp for the day and had lunch and a walk around town and then drove back to Ingonish. It is easily doable for a day trip. Most of the beauty in scenery will be as you...
by Lexi
Sun Mar 18, 2018 7:14 am
Forum: Personal Finance (Not Investing)
Topic: no health insurance as an early retirement strategy
Replies: 30
Views: 2477

Re: no health insurance as an early retirement strategy

Going without health insurance in the USA is really a plan to declare bankruptcy if the worst happens. That may be reasonable if you are young and healthy with a low net worth but not so good if you are trying to live decently in early retirement. Alternatives might be to plan for the lowest cost HM...
by Lexi
Sun Mar 18, 2018 6:53 am
Forum: Personal Consumer Issues
Topic: Cabot Trail, Nova Scotia (Cheticamp, Ingonish, Cape Breton)
Replies: 12
Views: 1157

Re: Cabot Trail, Nova Scotia (Cheticamp, Ingonish, Cape Breton)

We did the Cabot Trail using Ingonish as our base and that is doable in a day. It is a lovely area to explore. The road was decent and not too crowded (caveat — this was a few years ago but also peak summer season). If you want to break it up, you should be able to find a place to stay or camp, prob...
by Lexi
Fri Mar 16, 2018 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Check, deceased payee
Replies: 15
Views: 1723

Re: Check, deceased payee

The POA expires when the person dies whether or not it is durable. It is no longer of any legal use.
by Lexi
Thu Mar 08, 2018 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Would YOU retire
Replies: 67
Views: 9913

Re: Would YOU retire

My one big concern would be uncertainty over health insurance. If your wife can get a PT job with insurance for both of you and she is willing to do that, I would choose that option.
by Lexi
Wed Mar 07, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Should I "get divorced" for tax purposes (PSLF)
Replies: 57
Views: 4402

Re: Should I "get divorced" for tax purposes (PSLF)

First time post.
Inflammatory title.
Extreme proposal for minor financial gain.

Although we cannot be sure, this certainly smells like a troll.
by Lexi
Fri Jan 12, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 5837

Re: Almost a pathological fear of debt, to my detriment?

The only debt I have held is: Home mortgages never more than 80% of purchase price of home Credit cards always paid in full monthly Bridge loan once when moving and owned both houses briefly Never had a car loan, heloc, personal loan, any other. Was lucky to have parents pay for undergrad and to get...
by Lexi
Mon Jan 08, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Lowball offer on a home
Replies: 82
Views: 8098

Re: Lowball offer on a home

You need to sort out what the house really “needs” from your “wants”. Then take a good look at the comps. Your list seems like a combination of both. The true needs should be factored into the price, but you should not expect to be reimbursed for your wants.
by Lexi
Tue Dec 19, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Cheapest Tax Software For Multiple State Filing
Replies: 2
Views: 560

Re: Cheapest Tax Software For Multiple State Filing

I think the first question should be, “Are there any tax software packages that do a good job on state tax returns?” Unless the state income tax simply piggybacks on the federal tax, i found that they often had major errors and were more frustrating than useful. Usually i wound up doing the state re...
by Lexi
Wed Dec 06, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 8256

Re: How to convince DW that high miles used car is OK

Why did you put “issue” in quotes? Have you been open to discussing the question in terms other than financial? Is this the only car in the family? Any argument based on a high mileage car being well maintained is irrelevant, since the OP wants to buy a high mileage used car and cannot really know i...
by Lexi
Tue Dec 05, 2017 10:56 am
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 8256

Re: How to convince DW that high miles used car is OK

Any suggestions? [/quote I would be the primary driver - almost all local, short trips. Her "issue" is financial - the belief that a less expensive very old, high mileage car will end up needing repairs. Safety or getting stranded are not her primary concerns. Why did you put “issue” in quotes? Hav...
by Lexi
Mon Dec 04, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 8256

Re: How to convince DW that high miles used car is OK

Not even going into reasons such as relative mechanical fatigue, etc Actually, close monitoring is IMHE the trick to not getting stranded by cars (high or low milage) as well. I like to get at least a quarter million miles out of our cars, and I don't like to be stranded. I have been stranded (or l...
by Lexi
Mon Dec 04, 2017 12:51 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 8256

Re: How to convince DW that high miles used car is OK

A number of topics ask the question, "How do I convince someone else to agree with me on something". I suggest that the first response to any such question is that you should consider the basis for your viewpoint. Then you should ask the person you are trying to convince to explain their viewpoint ...
by Lexi
Mon Dec 04, 2017 10:18 am
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 8256

Re: How to convince DW that high miles used car is OK

A number of topics ask the question, "How do I convince someone else to agree with me on something". I suggest that the first response to any such question is that you should consider the basis for your viewpoint. Then you should ask the person you are trying to convince to explain their viewpoint -...
by Lexi
Wed Nov 29, 2017 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning question (should we add beneficiaries to savings account?)
Replies: 33
Views: 2449

Re: Estate planning question (should we add beneficiaries to savings account?)

Leave the savings account without beneficiaries! The estate includes a house and that will incur expenses until it is sold. Leaving the estate with no cash just means the executor’s job is more complicated, having to collect from 2 sisters for all bills along the way. It will be easier to make sure ...
by Lexi
Sun Nov 12, 2017 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off Home mortgage, partner doubts?
Replies: 40
Views: 3645

Re: Paying off Home mortgage, partner doubts?

I have not looked at OP’s previous posts, but what he proposes is so ridiculous that I suspect he is a troll!

If not, preserve liquidity to pay the divorce lawyer your wife should hire soon.
by Lexi
Tue Nov 07, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 9781

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

T :moneybag We muddled our way through it. I did have her power of attorney. So I was able to use it for banking & medical issues. Her funeral cost $15,000 (plot, casket, funeral, etc). Then after the funeral I had to take the power of attorney with the death certificate to transfer the car & house...
by Lexi
Sat Oct 28, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: My mortgage was sold - let it go, or shop around?
Replies: 15
Views: 2517

Re: My mortgage was sold - let it go, or shop around?

You should watch for any requests from the new company for info the old company had, such as proof of insurance. That was the main hassle we had with a mortgage that was sold at least 5 times. Other than that, just accept that any mortgage eligible to be sold will be. The last time that mortgage was...
by Lexi
Thu Oct 26, 2017 5:51 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Discussion Forum?
Replies: 31
Views: 3215

Re: Social Security Discussion Forum?

What do YOU call that form of authentication? I just call it authentication. I'm not in tech and have never seen or heard of KBA until I read this. +1 writing the full term the first time you use an acronym is a basic rule of communication. Equifax often conflates more than one person's info into o...
by Lexi
Sat Oct 14, 2017 7:09 pm
Forum: Investing - Theory, News & General
Topic: About Vanguard advisors: opinions, thoughts?
Replies: 78
Views: 9958

Re: About Vanguard advisors: opinions, thoughts?

What the OP describes is not required to comply with fiduciary responsibility. A fiduciary can listen to the client and develop a plan consistent with the client's desires. If the client wants to invest in something that the adviser thinks is truly objectionable, the adviser can decline to include t...
by Lexi
Thu Sep 14, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: 3Q2017 Estimated taxes are due 15 Sep 2017
Replies: 14
Views: 1110

Re: 3Q2017 Estimated taxes are due 15 Sep 2017

The IRS and American people thank you for the reminder. :) The IRS and American people are welcome. As I was paying my estimated tax, I was thinking about people in Florida who either don't have electricity, or are dealing with the cleanup, or have not returned home yet. Estimated taxes are probabl...
by Lexi
Tue Sep 12, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: dementia, POA, credit freezes, and IRS tax return PIN - what am I getting into?
Replies: 36
Views: 3805

Re: dementia, POA, credit freezes, and IRS tax return PIN - what am I getting into?

dbr wrote:
Tue Sep 12, 2017 5:15 pm
The SS rep payee brings with it the obligation to report annually on what you did with the money.
You need to be prepared to report what you do with any assets to authorities or other interested parties. This report is easy if the person is receiving nursing home or other care for dementia.
by Lexi
Tue Sep 12, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: dementia, POA, credit freezes, and IRS tax return PIN - what am I getting into?
Replies: 36
Views: 3805

Re: dementia, POA, credit freezes, and IRS tax return PIN - what am I getting into?

Social security does not accept POA but does have a process to become a representative payee, which recognizes you for Medicare as well. It can be set up after the person is no longer able to handle his or her affairs. In fact, it probably should not be set up until then, at which time they want a r...
by Lexi
Sun Sep 10, 2017 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Am I overinsured on my autos?
Replies: 20
Views: 2008

Re: Am I overinsured on my autos?

I would say you are underinsured on your limits and overinsured on the deductible.
by Lexi
Sun Sep 10, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Taxes Quarterly
Replies: 21
Views: 2636

Re: Paying Taxes Quarterly

Don't forget about state income tax requirements if that applies to you. If your state does not tax retirement withdrawals (e.g. If contributions were not excluded from state tax originally) it is not good to have state income tax payments withheld from the distribution because the state may not pa...
by Lexi
Sat Aug 19, 2017 8:27 pm
Forum: Personal Consumer Issues
Topic: Kitchen knife set. Good quality - Recommendations
Replies: 55
Views: 7975

Re: Kitchen knife set. Good quality - Recommendations

Cook's Illustrated test kitchen a la carte knife set -- absolutely worth the money.
by Lexi
Sat Aug 12, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: When to pay estimated taxes on mutual fund distributions in December 2018?
Replies: 32
Views: 3354

Re: When to pay estimated taxes on mutual fund distributions in December 2018?

You will meet the safe harbor if the extra income comes in December and you check to see that you meet the safe harbor requirements by the deadline for the fourth quarter estimated tax payment. Having to fill out a form to show the income and payments by quarter is part of that, which is the simples...
by Lexi
Sat Aug 12, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: What home task(s) are worth learning to do yourself?
Replies: 46
Views: 6240

Re: What home task(s) are worth learning to do yourself?

Think about what tasks legally require permits and / or may risk liability if something goes wrong. Avoid doing those.

Beyond that it is largely a matter of what are you capable of and what do you want to do.
by Lexi
Sat Aug 12, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: When to pay estimated taxes on mutual fund distributions in December 2018?
Replies: 32
Views: 3354

Re: When to pay estimated taxes on mutual fund distributions in December 2018?

The simplest way is to make sure you meet the safe harbor for 2018. If you check before the end of the year you can adjust as needed.
by Lexi
Fri Jul 14, 2017 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: When to max out 401k (Aspiring Early Retiree)
Replies: 89
Views: 6830

Re: When to max out 401k (Aspiring Early Retiree)

Thinking about saving for retirement and other goals in your 20s is great, but you are just starting out as a real adult. You have marriage, children probably, your own home, and whatever else would make a fulfilling adult life ahead of you. If your top goal now is to retire at 50 I think you should...
by Lexi
Mon Jul 10, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Job opportunity - increase in compensation but also much longer commute
Replies: 25
Views: 2476

Re: Job opportunity - increase in compensation but also much longer commute

In deciding what job to take the potential for job growth and salary are much more important than the commute. You can decide after a while whether to move closer, seek more flexibility, or find another job while searching with additional skills and a higher salary.
by Lexi
Sun Jul 02, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Childless couple - want siblings to inherit after we both go
Replies: 36
Views: 4300

Re: Childless couple - want siblings to inherit after we both go

I think you do have to have trusts although they could be created in the will when the first of you dies. Counting on the survivor to write a new will or retitle assets after the first death is risky. What if the survivor is declining mentally and/ or physically? What if the deaths are close togethe...
by Lexi
Sat Jul 01, 2017 5:36 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 20551

Re: Bogleheads: you should be buying 10-year old cars

Bogleheads should be buying any car that they can afford and that meets their transportation requirements.
by Lexi
Thu Jun 29, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Where to View Total Eclipse? - Kansas City / Nashville et al
Replies: 98
Views: 8923

Re: Where to View Total Eclipse? - Kansas City

Go to an area with lots of birds and wildlife. Their reaction is by far the most interesting part of watching the eclipse.