Search found 240 matches

by Mlm
Wed Aug 15, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Odd situation.. How much down payment? 15/30 year loan? Should I sell taxable investments for the down payment?
Replies: 14
Views: 781

Re: Odd situation.. How much down payment? 15/30 year loan? Should I sell taxable investments for the down payment?

It's a nice gesture from your parents but you will be paying a huge price for this gift for a long time.

I would continue to rent and get a roommate.
by Mlm
Wed Aug 15, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Seattle- mandatory affordable housing units affect single family home values?
Replies: 45
Views: 2716

Re: Seattle- mandatory affordable housing units affect single family home values?

More than likely she or her realtor would be required to disclose this information to any potential buyer.
by Mlm
Wed Aug 15, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 106
Views: 5136

Re: Take auto loan 0.9% if I can afford cash?

I took the .9% loan but I hated making payments so I paid it off
by Mlm
Tue Aug 14, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 159
Views: 12676

Re: What I spent in 6 months on medicare

I just checked Medicare supplements in my zip code. For 2018 the lowest cost are Part G-$183 and Part L-$110 and then there is part D on top of that.

I am going to look closely at Medicare Advantage Plans when the time comes in 2020. In fact everyone I know has a MA Plan..I can see why.
by Mlm
Tue Aug 14, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Using ACA for early retirement years
Replies: 103
Views: 6343

Re: Using ACA for early retirement years

I'm in year #2 of ACA in a Medicaid expanded state. Next year will be my final year and I am extremely thankful for a generous policy at minimal cost since I had not intended on retiring early. I would be pretty nervous if I had to rely on the ACA for for more than a few more years.
by Mlm
Sun Aug 05, 2018 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to lose $200 in taxable income?
Replies: 96
Views: 6827

Re: Best way to lose $200 in taxable income?

I purchased a one year CD that has the interest payable in 2019. How does that reduce 2018 AGI? I had cash that was earning monthly interest in 2018. In January I moved it to a one year CD where the interest is paid and recognized upon maturity in 2019 Since interest income is part of AGI I reduced...
by Mlm
Sun Aug 05, 2018 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to lose $200 in taxable income?
Replies: 96
Views: 6827

Re: Best way to lose $200 in taxable income?

I purchased a one year CD that has the interest payable in 2019.
by Mlm
Sat Aug 04, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare benefit letter and delay credits
Replies: 6
Views: 430

Re: Medicare benefit letter and delay credits

It looks like the adjustment will be made in January 2019 (c)When is the increase because of delayed retirement credits effective? - (1)Credits earned after entitlement and before the year of attainment of age 70. If you are entitled to benefits, we examine our records after the end of each calendar...
by Mlm
Thu Aug 02, 2018 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Car price ratio to NW
Replies: 68
Views: 2721

Re: Car price ratio to NW

My last new car (2014) was 20% of my gross income. I was also saving for other things at the time and net worth never entered into the picture.
by Mlm
Tue Jul 31, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to prepare for "the talk"
Replies: 64
Views: 4932

Re: How to prepare for "the talk"

It's none of your business unless you want to pay off your school loan.
by Mlm
Tue Jul 31, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 184
Views: 11797

Re: Joint Ownership of home with second wife

OK, I have to chime in because I was the younger, childless female who married an older divorcee with two small children. In your situation I believe that a prenup is a must. If you have common goals and expectations for the marriage the rest should be pretty effortless. She really needs to be up to...
by Mlm
Sun Jul 29, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: How much emergency cash when retired?
Replies: 24
Views: 1612

Re: How much emergency cash when retired?

cbr wrote:
Sun Jul 29, 2018 6:21 pm
plus when you homestead a home in FL. I believe the law is that no one can take it from you.
Not so..You are not protected from IRS or Medicaid liens.
Here is a review of Florida Homestead exemption http://www.assetprotectionfl.com/2017/08/3216/
by Mlm
Sun Jul 29, 2018 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: How much emergency cash when retired?
Replies: 24
Views: 1612

Re: How much emergency cash when retired?

Is 1M your net worth or the size of your investment portfolio?
Does the 4K per month currently cover all of your expenses (home maintenance, cars)?
Do you have Long Term Care Insurance?
by Mlm
Fri Jul 13, 2018 6:37 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 359
Views: 15044

Re: COMING SOON: BOGLEHEADS PODCASTS

Rick Ferri wrote:
Fri Jul 13, 2018 4:46 pm
How about

“Investing with the Bogleheads”

After all, the show is mainly about investing, and the guests are either admitted Bogleheads, closet Bogleheads, or friends of the Bogleheads.

Yes? No?
:thumbsup :thumbsup :thumbsup
by Mlm
Tue Jul 10, 2018 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: RMD + Federal taxes
Replies: 19
Views: 1513

Re: RMD + Federal taxes

I set up my RMD online and was able to indicate 0% federal and X% State withholding.
by Mlm
Thu Jul 05, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Main Residence Tax Question for Widow
Replies: 10
Views: 457

Re: Selling Main Residence Tax Question for Widow

Don't forget that your mother received a stepped up basis on your fathers half of the house as of the date of his death. That is a huge change in basis.
Selling expenses and home improvements over the years can also be added.
by Mlm
Fri Jun 29, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 214
Views: 34071

Re: Ally online savings now at 1.65%

Ally just went to 1.75%
by Mlm
Fri Jun 29, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Deed of Trust on Condo, how can borrower get a release if lender dies?
Replies: 26
Views: 1348

Re: Deed of Trust on Condo, how can borrower get a release if lender dies?

Is there a reason why you don't just get a mortgage to buy the property?
by Mlm
Wed Jun 06, 2018 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance companies - any experience with lesser-known companies?
Replies: 7
Views: 825

Re: Insurance companies - any experience with lesser-known companies?

I switched to Adirondack Insurance Exchange last year for both auto and home owners. I haven't had any claims so I can't vouch for their service.
by Mlm
Tue Jun 05, 2018 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - 2 year inflation adjustment gap
Replies: 17
Views: 2198

Re: Social Security - 2 year inflation adjustment gap

Thanks for the information. My gap years were 2015/2016 and as you said they were luckily low inflation years. It's good to know that going forward I will not only receive steps towards my PIA but COLA increases as well.
by Mlm
Sun Jun 03, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Re-marriage and claiming social security on ex-spouse
Replies: 10
Views: 1828

Re: Re-marriage and claiming social security on ex-spouse

I take RS 00202.045 to be about the termination of benefits. Since you are not currently entitled, entitlement cannot be terminated and this is irrelevant. I think that to get to entitlement you'd need to squeeze through RS 00202.005 , and that requires you to be unmarried at age 62 when you apply....
by Mlm
Thu May 24, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: NY Insurance Costs on the Rise
Replies: 21
Views: 1958

Re: NY Insurance Costs on the Rise

Last year my Insurance agent I switched me from Travelers Ins to Adirondack Insurance Exchange for home and auto. I saved about 25% and kept the same coverage. I never heard of them before but apparently they serve NY State. I also did an online auto safety course that helped with my premiums. I don...
by Mlm
Tue May 01, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Help me get on top of some debt before college expenses arrive...
Replies: 50
Views: 3078

Re: Help me get on top of some debt before college expenses arrive...

The priorities you had 27 years ago don't appear to be working in your life today. You have a lot of debt at your stage of life and you should be concerned as you appear to be. There are many ways to get on top of this problem but it is going to rely on your ability to reprioritize your goals. Maybe...
by Mlm
Mon Apr 30, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 18992

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

At the moment, they don’t really seem to care he doesn’t have a co-signer. Believe me, they care because he didn't qualify for the lease (loan) on his own. They may either ask him to sign a new lease with a higher rate or have him return the car. It's probably a good time to think about your option...
by Mlm
Mon Apr 30, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 18992

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Was it just his income or both incomes that were used to qualify for the lease? If it was just his I would ignore the dealer.
by Mlm
Wed Apr 25, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security computing question
Replies: 12
Views: 1318

Re: Social Security computing question

All, My full retirement age is 66 years and 4 months and I am currently 61 y/o. I have an acct at SS.gov and know my various benefits payable at different retirement age levels, but this is based on working up until that age. I cannot however, find any data providing estimated benefit levels based ...
by Mlm
Mon Apr 23, 2018 4:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 47
Views: 3187

Re: Emailed Vanguard Survey from "GfK". Possible spam or phishing?

Regarding surveys from Vanguard's website on 12/26/17: https://investornews.vanguard/heres-how-you-know-our-email-survey-is-valid/ If you receive an email from "eonline.e-vanguard.com" that invites you to participate in a research study, you can confirm it's valid if it contains one of the following...
by Mlm
Tue Apr 17, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: First Time Homebuyer buying a FSBO home, help!
Replies: 11
Views: 1194

Re: First Time Homebuyer buying a FSBO home, help!

I would never buy from a FSBO. By definition, they are trying to save on every possible fee. They will nickel and dime you. IF you still want to proceed beware. I can only speak for myself but I got a nice deal and was not nickel and dimed at all. I knew the market well and was working with a Realt...
by Mlm
Tue Apr 17, 2018 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Retire early. Do you think it is possible?
Replies: 33
Views: 3522

Re: Retire early. Do you think it is possible?

There are millions of other people who don't have a lot of money saved and yet they don't die off shortly after retirement. Just wondering. Well, some of those people -might have worked until they were eligible for Medicare at age 65 -might be disabled and qualified for Medicare prior to age 65 -mi...
by Mlm
Sun Apr 15, 2018 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: First Time Homebuyer buying a FSBO home, help!
Replies: 11
Views: 1194

Re: First Time Homebuyer buying a FSBO home, help!

I purchased a FSBO. The seller had a standard purchase offer that I had my attorney review. The attorney also gave me a disclosure form to have the seller fill out. In hired an inspector and my attorney handled the title insurance and the closing with the sellers attorney. I never even considered hi...
by Mlm
Sat Apr 14, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Help w/ taxes re: Basic Star credit
Replies: 2
Views: 368

Re: Help w/ taxes re: Basic Star credit

If you didn't receive a check just deduct the exact amount of property taxes you paid. ($10K). Some people might get a check depending on when they purchased their home.
by Mlm
Fri Apr 13, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Unaffordable prescription drug
Replies: 42
Views: 4050

Re: Unaffordable prescription drug

Would it be worth it to send the journal articles about the drug in relation to my condition to the insurance company? The studies were done in the Netherlands, not the United States. No, your physician should be doing an appeal for you. He/She needs to present your medical records as part of the p...
by Mlm
Fri Apr 13, 2018 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Unaffordable prescription drug
Replies: 42
Views: 4050

Re: Unaffordable prescription drug

Has your Doctor taken this fully through the appeals process including a third party review? He should be able to prove your case that this drug is your only available option.
by Mlm
Wed Apr 11, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 no beneficiary option
Replies: 20
Views: 3946

Re: Capital One 360 no beneficiary option

This is why I closed my Capital One 360 and went to Ally Bank.
by Mlm
Tue Apr 10, 2018 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Paystubs still show single, even though we're married?
Replies: 58
Views: 2307

Re: Paystubs still show single, even though we're married?

BuyHighSellLow wrote:
Tue Apr 10, 2018 7:39 pm
we maintain separate checking accounts and send each other any money we owe the other based on the month's expenses.
In that case I suppose you could send your wife a bill if you had too much withheld percentage wise.
by Mlm
Sat Apr 07, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 16222

Re: Parents have zero savings. What can I do?

Tell them that they need to start researching what they'll get from Social Security + Medicare and how they'll scale back their lifestyle to live on that. It's done every day. The minute you give them the impression that you'll step-in you'll be counted on - and they won't be looking for other opti...
by Mlm
Sat Apr 07, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: !Please Advise on sensible housing for guy going through divorce!
Replies: 32
Views: 2936

Re: !Please Advise on sensible housing for guy going through divorce!

When I was between permanent homes I rented in an extended stay hotel for about three weeks and hated it. I then moved to a nice apartment complex and was able to negotiate a six month lease for a little more per month than a one year lease. I took a bed, table, chair and purchased a TV. About three...
by Mlm
Fri Apr 06, 2018 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Closing on house...Signed before educating myself :(
Replies: 8
Views: 1535

Re: Closing on house...Signed before educationing myself :(

Why can't the seller get the building inspector to clear the CO? Was it done without the a permit?
by Mlm
Fri Apr 06, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Car was totaled, next steps?
Replies: 18
Views: 1065

Re: Car was totaled, next steps?

I think you should be talking to the claims adjuster. The replacement value should be for the exact clone of your car in your area. You should also be reimbursed for sales tax, registration fees and any other transaction costs. If you want to replace that car with one of lesser mileage than that exp...
by Mlm
Thu Apr 05, 2018 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 7562

Re: Asking for a raise/promotion with another offer in hand

Congrats on your new job. As I moved through the ranks I found that I always had to leave my current employer in order to advance.
by Mlm
Sun Apr 01, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house?
Replies: 44
Views: 4024

Re: Can we afford this house?

This is a tough crowd for getting “permission” to buy a house. No matter what your finances look like, more than one person will tell you no, you should wait six months/a year/2 years. Some will even say you should never buy. It looks like PITI is ~40% of your take home after 401k and HSA? That sou...
by Mlm
Sun Apr 01, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 169
Views: 23018

Re: Retire at 55, what's the magic number

Iliketoridemybike wrote:
Sun Apr 01, 2018 8:46 pm
25x-30x expenses, conservatively.
Agree
by Mlm
Sun Apr 01, 2018 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house?
Replies: 44
Views: 4024

Re: Can we afford this house?

sergio wrote:
Sun Apr 01, 2018 8:11 pm
wife will work starting 2019

Baby (1st) due this September
I would save for 2 more years and reevaluate.
by Mlm
Mon Mar 26, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: My turn to ask - am I ready for retirement - can I say I'm FI?
Replies: 41
Views: 4899

Re: My turn to ask - am I ready for retirement - can I say I'm FI?

With that level of spending I would not be comfortable. You probably need three more years since you are the higher earner. Ten years until SS requires much more than you have at the expense level you want. If the market tanks 15-25% you could be in trouble. What you present it is a very slippery sl...
by Mlm
Sat Mar 24, 2018 10:35 pm
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 13122

Re: Seasoned bogleheads repressing the thought of lower expected returns

I actually like beans and rice so I am not overly concerned. Plus there are ways to cut back on expenses if necessary or work longer if able.
Thinking ahead is a wise plan. Prepare for the worst and hope for the best
by Mlm
Thu Mar 22, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Notice Help
Replies: 11
Views: 867

Re: IRS Notice Help

ThankYouJack wrote:
Thu Mar 22, 2018 12:27 pm
For example, on 2/14/16 I tax loss harvested from All-World Ex-US to Total International.
Why would you tax loss harvest and not report the sale on Schedule D ?
by Mlm
Tue Mar 20, 2018 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs renting - really tough decision to make
Replies: 64
Views: 5059

Re: Buying vs renting - really tough decision to make

TheBogleWay wrote:
Tue Mar 20, 2018 8:59 pm
Because, when you buy a house, you gain equity.
Who taught you that? Home ownership is an expense. Equity can go up but it can also go down.
by Mlm
Tue Mar 20, 2018 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs renting - really tough decision to make
Replies: 64
Views: 5059

Re: Buying vs renting - really tough decision to make

Financially I think the best decision is to wait until you are married and make joint decisions
by Mlm
Tue Mar 20, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement plan
Replies: 59
Views: 4182

Re: Home equity as part of retirement plan

I don't figure it in as far as an asset is concerned. It's part of my retirement plan as far as my house is paid off and offers me a cheap place to live. I thank my former self every day that I bough a small house with a first floor bedroom and a first floor full bath twenty years ago. It's a quirky...