Search found 4230 matches

by Dottie57
Fri Sep 21, 2018 10:13 pm
Forum: Investing - Theory, News & General
Topic: Allocating 1/3 of Investable Assets to Roth Accounts
Replies: 12
Views: 744

Re: Allocating 1/3 of Investable Assets to Roth Accounts

On conversions from trad Ira to Roth IRA when you are doing backdoor Roth but at prorated tax rates. - maybe a good idea but depends on the math. Roth conversion from retirement age to RMD - yes if you can afford to pay higher tax amounts. Roth 401k over regular 401k. Not such good idea for me. I pu...
by Dottie57
Fri Sep 21, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?
Replies: 21
Views: 1302

Re: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?

I think an IRA can be owned/ titled for a trust for an individual. I doubt it could be done for a trust for a couple since by definition the IRA s for a single person.
by Dottie57
Fri Sep 21, 2018 7:56 pm
Forum: Personal Consumer Issues
Topic: True cost of a [dental] implant
Replies: 51
Views: 9733

Re: True cost of a [dental] implant

I have had 1 implant which was done 10 yrs ago. Total was about 5k. Not pleasant to pay.
by Dottie57
Fri Sep 21, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Global Warming And Reinsurance
Replies: 50
Views: 2195

Re: Larry Swedroe: Global Warming And Reinsurance

One fact. The warmer the air is, the more moisture it can absorb.

After that, I don’t know if hurricanes are worse now or are more reported on mow.
by Dottie57
Fri Sep 21, 2018 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Using Medicare Consultant that is Paid by the Insurers
Replies: 20
Views: 738

Re: Thoughts on Using Medicare Consultant that is Paid by the Insurers

There is no “fiduciary” in this job or role. It is perfectly fine to have one of these people help decipher the different plans.
by Dottie57
Fri Sep 21, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Proposed Retirement Portfolio Critique Solicited
Replies: 7
Views: 603

Re: Proposed Retirement Portfolio Critique Solicited

Too complicated. ER is too high. SPIA is a great idea. ( immediateannuities.com ) I also agree with using Lifestrategy funds which have stocks and bonds. . There are four with different allocations ( 80/20, 60/40, 40/60, 20/80). Vanguard link. https://investor.vanguard.com/mutual-funds/lifestrategy/#/
by Dottie57
Fri Sep 21, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Im going to die somewhere between Bankruptcy and $20 million
Replies: 29
Views: 4911

Re: Im going to die somewhere between Bankruptcy and $20 million

At 50/50 AA, my chance of bankruptcy was low at both sites mention. Withdrawl rate around 4%, 1 stock market crash. I think the AA Really help as only 50% was in stock. Entire portfolio of 1.2 mill. 45k per year withdrawl. Stocks 4%, Bonds 2% return, cash 2%, return, inflation 2%. Age 61. Shorter re...
by Dottie57
Fri Sep 21, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Hubby soon to be laid off
Replies: 72
Views: 6575

Re: Hubby soon to be laid off

Payoff that mortgage, rent the apartment ... and go take a cruise. You guys are golden. :beer BTW, I don't know who you use for insurance but if its not Amica, give them a call. They don't work through agents so you have to just call their main 1-800 number. http://www.amica.com Agree - pay off the...
by Dottie57
Thu Sep 20, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: Is there any active forums/BBS grouping up non-Bogleheads?
Replies: 14
Views: 1154

Re: Is there any active forums/BBS grouping up non-Bogleheads?

livesoft wrote:
Thu Sep 20, 2018 2:44 pm
reddit to your heart's content.
I think morningstar may have forums.
by Dottie57
Thu Sep 20, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: BlackFriday Shopping - what do you usually buy? (other than Christmas gifts)
Replies: 29
Views: 1551

Re: BlackFriday Shopping - what do you usually buy? (other than Christmas gifts)

I am trying to hold my spending down. Only buy what is needed when it is needed.

So no list.
by Dottie57
Thu Sep 20, 2018 12:36 pm
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 110
Views: 8287

Re: Did you really have something to retire to?

I originally planned to retire to reading all the books and music CDs accumulated over the years, getting reacquainted with model railroading hobby that my father and I enjoyed when I was a young boy, and doing some travelling to state fairs and air shows around the country. All that changed two ye...
by Dottie57
Thu Sep 20, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: So new to all this it hurts!
Replies: 27
Views: 3287

Re: So new to all this it hurts!

Do not, do not, do not hand this over to Bloom. Once set, it may take you an hour a year to manage. No one cares more about your money than you.
by Dottie57
Wed Sep 19, 2018 10:52 pm
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 110
Views: 8287

Re: Did you really have something to retire to?

flyingaway wrote:
Wed Sep 19, 2018 6:30 pm
sport wrote:
Wed Sep 19, 2018 3:14 pm
I retired to a life with less stress.
I am worried to a life with more stress if there is no specific plans.
Rather than having fixed plans at the beginning, I find mine are emerging. Exciting to see what next year will bring.
by Dottie57
Wed Sep 19, 2018 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Home away from home
Replies: 16
Views: 1484

Re: Home away from home

I'm thinking maybe get an apartment if the company would fork out for that? 1/4 of his life is a lot of time to spend in a hotel. Or he might make an arrangement with the extended stay hotel to leave some clothes, etc., there, have them cleaned, to minimize what he has to carry back and forth. (Alr...
by Dottie57
Wed Sep 19, 2018 10:21 pm
Forum: Personal Consumer Issues
Topic: Bathroom and Basement Remodel Costs
Replies: 44
Views: 2161

Re: Bathroom and Basement Remodel Costs

I would skip the basement if it is finished already. Unless you have a distinct purpose which s not yet fulfilled. The bathroom sounds scrumptious. I had to look up an air tub. Do the bathroom. It will payback much better than the basement. I was thinking of bathroom remodel, but now I don’t know. T...
by Dottie57
Wed Sep 19, 2018 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Physical Banking - Any benefits anymore?
Replies: 89
Views: 4473

Re: Physical Banking - Any benefits anymore?

1. Free coffee
2. free lollipops (kid size)
3. Nice people who recognize me.
4. Medallion signature
5. Notary service
6. Safety deposit box
7. CD specials with good rates.
by Dottie57
Wed Sep 19, 2018 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Should we temporarily reduce our retirement contributions in order to pay off our $400k mortgage in 7 years?
Replies: 61
Views: 4592

Re: Should we temporarily reduce our retirement contributions in order to pay off our $400k mortgage in 7 years?

Don’t lose the investing space. Max out every thing you can. THEN, find money each month to add to your current monthly paymenmake sure the lender knows to apply to the principal.

7 years is way too long to stop investing.
by Dottie57
Wed Sep 19, 2018 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Concerns over funding priority when investing with debt
Replies: 42
Views: 1951

Re: Concerns over funding priority when investing with debt

Looking at Klangfool’s posts, I would really start beefing up emergency fund. I do think that having a good amount in taxable brokerage account would be good. I wish I had made more effort to do so.

Right now my home is 12% of networth. Work to get a better balance.
by Dottie57
Wed Sep 19, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: Convince a friend to go Boglehead
Replies: 17
Views: 973

Re: Convince a friend to go Boglehead

I have been trying to educate a good friend(25 yrs) for a few years on why managing his own money would be beneficial for him. I have given him Jack's book the little book of common sense investing but he is reluctant to read it saying he doesn't have time. He's too busy chasing tail and playing vi...
by Dottie57
Wed Sep 19, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: Anyone hire an interior designer?
Replies: 34
Views: 2912

Re: Anyone hire an interior designer?

We bought a "spec" house at the drywall stage. Builder had already engaged the services of a "color consultant." We never even knew such a thing existed and couldn't wait to work with her. She came out with swatches to choose exterior colors with us on a glorious sunny day. We were astounded that s...
by Dottie57
Wed Sep 19, 2018 6:30 pm
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 110
Views: 8287

Re: Did you really have something to retire to?

For those who are retired, did you really have something solid to retire to? I didn't. Not a clue. It has not been a problem. :happy I didn’t either. I ended up healing mind and body for 6 months. Sleep, vitamins, iron supplements, netflix overload, too many AppleTV purchasesof movies etc. I am fin...
by Dottie57
Wed Sep 19, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Taking Over Management of $7M Portfolio - Need Review/Help Allocating
Replies: 50
Views: 3923

Re: Taking Over Management of $7M Portfolio - Need Review/Help Allocating

I would preserve capital with a bit of growth. And get agreement with grandma and beneficiaries.

Families are quirky. Money can make people ornery, jealous etc. best to be conservative. For me 70/30is too risky when working with money for older folks.
by Dottie57
Wed Sep 19, 2018 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Taking Over Management of $7M Portfolio - Need Review/Help Allocating
Replies: 50
Views: 3923

Re: Taking Over Management of $7M Portfolio - Need Review/Help Allocating

My grandma has asked me to do this and all of the heirs are supportive of the decision. She is completely with it mentally and none of her children would claim otherwise. She would assign me power of attorney on all the accounts. I know my aunts and uncles well and don't expect any issues from them...
by Dottie57
Wed Sep 19, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA financial advisor?
Replies: 65
Views: 9619

Re: TIAA financial advisor?

CyclingDuo wrote:
Wed Jan 18, 2017 3:03 pm
Blister wrote:"CFA"? Thats what the rep said but I'll find out more in a couple of days.
Our meeting is tomorrow - so we can give you a summary if you're interested. (First time meeting with the TIAA "free" service.)
Be wary - most free services come with a sales pitch.
by Dottie57
Wed Sep 19, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: Potential Water Leak Issue/Irregular Water Usage
Replies: 9
Views: 564

Re: Potential Water Leak Issue/Irregular Water Usage

Silk - Yes, I did check the water meter, which is right outside and the meter and arrow didn't move at all when no water was being used in the house. Hence, it doesn't appear to be a "constant" leak. Thanks, Dottie57 and lthendersen. I will try and turn off that toilet shut off value and see what h...
by Dottie57
Wed Sep 19, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Does this job exist (another want-to-quit-corporate-world thread)?
Replies: 35
Views: 3578

Re: Does this job exist (another want-to-quit-corporate-world thread)?

Riffing on thepost above. Udemy.com offers all types of classes. I’ve Signed up for 2 excel classes and am enjoying the first right now. The regular prices are unrealistic but they have great sales. My classes ended up being 10.99 each. Also have some web stuff purchased. Record some classes in some...
by Dottie57
Wed Sep 19, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: What is a reasonable fee charged by financial planners?
Replies: 30
Views: 2096

Re: What is a reasonable fee charged by financial planners?

I have a friend who used a financial planner after receiving a windfall. She found it very useful. The planner forced her to delve into how she spent money, and to look at her debts honestly. The planner helped her prioritize debt vs investing. How to defer taxes - maxing her deferred comp and using...
by Dottie57
Wed Sep 19, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: What can go wrong in shorting Tilray, and can EU investors short it (and how?)
Replies: 29
Views: 1208

Re: What can go wrong in shorting Tilray, and can EU investors short it (and how?)

Can you tell me how you stop shorting a stock ? Do you pay it back? Can you limit your loss in some way?
by Dottie57
Wed Sep 19, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: What's the best early retirement strategy for us?
Replies: 39
Views: 3005

Re: What's the best early retirement strategy for us?

I suspect you need 20 to 25 years of saving/investing to retire. Not what you want, bu more realistic.i

Good luck.
by Dottie57
Tue Sep 18, 2018 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP with exorbitant commission/transfer fees - Worth it?
Replies: 3
Views: 242

Re: ESPP with exorbitant commission/transfer fees - Worth it?

sailaway wrote:
Tue Sep 18, 2018 8:30 pm
If you use the cheapest option, you are still making a 12% profit. Perhaps not has good as the next ESPP plan, but better than most investments per quarter.
I agree. I usedthe money tohelp payoff my condo sooner.
by Dottie57
Tue Sep 18, 2018 8:40 pm
Forum: Personal Consumer Issues
Topic: Apple MacBook Pro & Camcorder help!
Replies: 8
Views: 514

Re: Apple MacBook Pro & Camcorder help!

My quick search found that the PV-GS9 is a miniDV camcorder. It has a firewire port, which would be the way to go if your Macbook Pro is old enough to be equipped with a firewire port. Otherwise, you'll likely need a USB capture device to capture from the A/V output. Maybe something like this? http...
by Dottie57
Tue Sep 18, 2018 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Debt Repayment
Replies: 34
Views: 1378

Re: Student Loan Debt Repayment

mortfree wrote:
Tue Sep 18, 2018 7:36 pm
Have you thought about selling the townhouse?

Selling the car?

Do you really need umbrella insurance?

Long term care Insurance at 31?
Ltc is usually bought after age 50.
by Dottie57
Tue Sep 18, 2018 8:13 pm
Forum: Personal Consumer Issues
Topic: Apple MacBook Pro & Camcorder help!
Replies: 8
Views: 514

Re: Apple MacBook Pro & Camcorder help!

Look here from Apple

https://support.apple.com/kb/PH22887?locale=en_US

There are lots of Google results for:

Transfer video from tapes to iMovie on macbook pro
by Dottie57
Tue Sep 18, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly parents are in debt - Need advice
Replies: 39
Views: 4586

Re: Elderly parents are in debt - Need advice

Are any of you willing to take you parents in?

Look at you state laws. I believe sometimes creditors can get insurance money even if it is assigned a beneficiary.
by Dottie57
Tue Sep 18, 2018 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance...Social Security also pays?
Replies: 25
Views: 1423

Re: Life Insurance...Social Security also pays?

Yes, the SSA website has the answer. And experience. Quote: " As a widow or widower, you cannot get survivor benefits if you remarry before the age of 60 (unless that marriage ends)." Got it? Right - for the widow or widower. The question is the children of the deceased who can get benefits to age ...
by Dottie57
Tue Sep 18, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 205
Views: 13222

Re: What is your single most expensive mistake?

GeoffD wrote:
Tue Sep 18, 2018 5:23 pm
Ex-wife v1.0 was “divide by 2” divorce math. $500k.

I’ve made plenty of other life mistakes that combine to more than that but that’s a clear #1.
Do you have an ex-wife v2.0?
by Dottie57
Tue Sep 18, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 205
Views: 13222

Re: What is your single most expensive mistake?

I let my rollover IRA languish with an advisor whose choices contained front loads and did not do well. I should have learned faster.

I also resisted putting money into a Roth IRA until 2012.
by Dottie57
Tue Sep 18, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Manager - Cancer Diagnosis
Replies: 15
Views: 1692

Re: Manager - Cancer Diagnosis

When I was working one of my co-workers was diagnosed with stage 4 cancer. He too continued to work. Most important is to not avoid him. Treat him the same. Quite a few in my work unit avoided co-worker. Open seating allowed people to easily not talk to him. Asking about family and activities led to...
by Dottie57
Tue Sep 18, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: Equity in house / Do you use it?
Replies: 56
Views: 3276

Re: Equity in house / Do you use it?

I don’t use home equity. No need at this time.

When I sell, I will use equity then.
by Dottie57
Tue Sep 18, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: Potential Water Leak Issue/Irregular Water Usage
Replies: 9
Views: 564

Re: Potential Water Leak Issue/Irregular Water Usage

Starting last Wednesday, the usage shot up to 650 gallons, back to a roughly normal amount of 200 on Thursday, then 450 on Friday, 300 on Saturday, then 750 on Sunday. Two potential explanations I could think if: 1) We did have a new toilet installed on Friday, Sept. 7 in one of our 3 bathrooms. It...
by Dottie57
Tue Sep 18, 2018 10:44 am
Forum: Personal Consumer Issues
Topic: Potential Water Leak Issue/Irregular Water Usage
Replies: 9
Views: 564

Re: Potential Water Leak Issue/Irregular Water Usage

Turn the water off for the new toilet. See I that helps and if the tank empties.
by Dottie57
Tue Sep 18, 2018 10:28 am
Forum: Investing - Help with Personal Investments
Topic: High employer contribution, still max 403b before taxable?
Replies: 30
Views: 1295

Re: High employer contribution, still max 403b before taxable?

You could start converting your IRA to Roth and pay the tax. Might be worthwhile if you convert before retirement.
by Dottie57
Tue Sep 18, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: $180 IPhone SE or $90 Iphone 5S
Replies: 33
Views: 2145

Re: $180 IPhone SE or $90 Iphone 5S

I bought an IPhone 7s after losing my 5. Of course my 5 was found 2 weeks after that. It still works well. I would still be using it if hadn’t been lost.

Either is fine.
by Dottie57
Tue Sep 18, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Employer/Plan Limit on 401K Contributions
Replies: 10
Views: 492

Re: Employer/Plan Limit on 401K Contributions

I discovered my SO employer has a contribution limit of 25% per pay period. With that limit, she is about $1500 under the IRS yearly limit of $18,500. Is this normal for a plan to impose limits on employees? If so, it frustrates me that an employee doesn't have the ability to max out if they so des...
by Dottie57
Tue Sep 18, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: How did you decide when to retire?
Replies: 41
Views: 5252

Re: How did you decide when to retire?

61year old here. I decided when my company offere a very nice retirement package that went into affect in March. The jib was stressful. So I took the package.

It is an adjustment. But after taking care of myself and recovering from an ulcer, I feel like life is returning.
by Dottie57
Tue Sep 18, 2018 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Facing Retirement at year end
Replies: 22
Views: 2623

Re: Facing Retirement at year end

Sorry for your downsizing. I think you are light on retirement funds. Part time jobs would be of big benefit. A smaller paid off housewould definitely help too. The pension is a toss up. If penion is kept, then when your wife takes SS you will have enough income. So you need to keep afloat foe 3-4 y...
by Dottie57
Mon Sep 17, 2018 9:14 pm
Forum: Personal Consumer Issues
Topic: Anyone hire an interior designer?
Replies: 34
Views: 2912

Re: Anyone hire an interior designer?

Yes. A good designer does not over ride your taste. They use your preferences and desires for functionality to come up with a plan. The plan can be rejected in total or in part. It was agreat experience, A kitchen designer was even better. More experience in practical side of things. I had ideas tha...
by Dottie57
Mon Sep 17, 2018 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Provding SSN for Estate Planning--Why?
Replies: 22
Views: 1611

Re: Provding SSN for Estate Planning--Why?

Hi Everyone, I searched for several threads but couldn't find discussion on why SSN is needed for estate planning. Please do let me know if there has been discussion on this topic and I apologize for the inconvenience that it may have caused. I don't have an existing estate plan so I set up an appo...
by Dottie57
Mon Sep 17, 2018 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life vs Universal Life Insurance
Replies: 30
Views: 1565

Re: Whole Life vs Universal Life Insurance

Find out the following: 1 . Total cost for whole life policy for x amount. 2. Total cost for term life for 30 years at x amount. 3. Calc difference : Whole life cost - term life cost 4. Invest the difference into 3 fund strategy. Buy the term life insurance. In 30years you will have more than the wh...
by Dottie57
Mon Sep 17, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4432

Re: Dilemma: Add room to current house or buy new house?

Even though the house is pretty large (>6000sqft) including unfinished basement, my spouse always thought or felt it was a bit too small.... What do you suggest is the best course of action? Family counseling. That is not meant to be snarky but if 6000 square feet is not big enough then there is so...