Search found 6758 matches

by Dottie57
Fri Oct 18, 2019 11:06 pm
Forum: Personal Consumer Issues
Topic: selling house, should we put in sod to replace ugly lawn?
Replies: 24
Views: 1492

Re: selling house, should we put in sod to replace ugly lawn?

bob60014 wrote:
Fri Oct 18, 2019 10:59 pm
Good move....but be sure to water, water and water those first few weeks to get it established. Otherwise it will look like garbage in no time.
This. You do have to make the effort to have a nice lawn.
by Dottie57
Fri Oct 18, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: sibling and revocable living trust
Replies: 4
Views: 669

Re: sibling and revocable living trust

Maybe you could get POA and help him sell the house? Maybe he just can’t motivate to do anything.
by Dottie57
Fri Oct 18, 2019 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Homebuyer wants me to do a 1031 exchange. Um, what?
Replies: 21
Views: 1894

Re: Homebuyer wants me to do a 1031 exchange. Um, what?

Make sure youread and understand any document you sign. Not sure why you need to sign anything.

This is from a realty site. 1031.us. From a google search.

https://www.1031.us/library/contract-addendums/
by Dottie57
Fri Oct 18, 2019 6:16 pm
Forum: Personal Consumer Issues
Topic: Purchasing a Pre-Owned iPhone
Replies: 12
Views: 491

Re: Purchasing a Pre-Owned iPhone

Blake7 wrote:
Fri Oct 18, 2019 4:34 pm
Directly from Apple is an option:

https://www.apple.com/shop/refurbished/iphone
+1


A friend bought from gazelle. Her phone never worked quite right.
by Dottie57
Fri Oct 18, 2019 1:11 pm
Forum: Personal Investments
Topic: Retiring and Getting Over The Fear of Quitting?
Replies: 34
Views: 3208

Re: Retiring and Getting Over The Fear of Quitting?

OP,

Hopefully you have SS too. So will most of your needs be covered by SS?

Yes I had a lot of fear og retiring. I recalculated and verified my needs. With SS Covering most needs, my retirement funds will easily cover the wants. If SS is cut I will purchase an SPIA to make up the difference.
by Dottie57
Fri Oct 18, 2019 1:09 pm
Forum: Investing - Theory, News & General
Topic: Interesting new Morningstar research on Fund Perfromance
Replies: 4
Views: 458

Re: Interesting new Morningstar research on Fund Perfromance

Isn’t this more of a strategy for active funds? The same old problem is no one knows which stocks will be good in the future.
by Dottie57
Fri Oct 18, 2019 12:55 pm
Forum: Personal Consumer Issues
Topic: Hiring an Interior Decorator
Replies: 24
Views: 1538

Re: Hiring an Interior Decorator

When I used a designer, she worked for a well known furniture store. She had my credit card info. I received papers for all items purchased and and they showed up on credit card. The furniture store is very well known and I wasnot worried about fraud.
by Dottie57
Thu Oct 17, 2019 8:46 am
Forum: Personal Investments
Topic: I'm an indexer, but should I be buying my companies discounted stock?
Replies: 42
Views: 2867

Re: I'm an indexer, but should I be buying my companies discounted stock?

Sure, buy it at a discount and sell upon vesting. Consider it alongside your other taxable investments. +1 I do this with my employee stock purchase plan. They offer 10% off the lower price between the start of the quarter or the end of the quarter. I sell immediately for the 10% discount and pay t...
by Dottie57
Wed Oct 16, 2019 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Should I sign authorization to settle lawsuit prior to mediation/trial
Replies: 21
Views: 2457

Re: Should I sign authorization to settle lawsuit prior to mediation/trial

Cubicle wrote:
Mon Oct 14, 2019 10:46 pm
I would not sign. I'm not casting doubt on your lawyer, but my initial impression, after reading your post, is that he/she wants to ensure they get something out of their time & effort.
My thought exactly.
by Dottie57
Wed Oct 16, 2019 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation on inherited variable annuity
Replies: 18
Views: 646

Re: Taxation on inherited variable annuity

If you are the POD beneficiary, they would bypass the estate and go straight to you. Have you looked into transferring them into an Inherited IRA? They are non-qualified annuities. I don't think there's anything similar I can do with them, is there? Many annuities have an option to take money out o...
by Dottie57
Mon Oct 14, 2019 11:45 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on cellular annually?
Replies: 58
Views: 3534

Re: How much do you spend on cellular annually?

I use cricket at $30 a month so about $360/month.
by Dottie57
Mon Oct 14, 2019 6:43 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on dry cleaning?
Replies: 27
Views: 1367

Re: How much do you spend on dry cleaning?

May be 75-100 for wool coats. And wool sweaters. Otherwise All of my clothes are washable.

OP, I live in Minnesota so I expect climate may dictate some use of dry cleaning.
by Dottie57
Mon Oct 14, 2019 1:39 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on clothing?
Replies: 38
Views: 2397

Re: How much do you spend on clothing?

My biggest purchase is two pairs of new balance shoes each year. I am hard on shoes. My newest coat is 3 yrs old. Several new tops and pants this year due to weight lost. Since I buy from lands end I don’t pay really expensive prices, I think I have spent about 1200 in the last 12 months.
by Dottie57
Sun Oct 13, 2019 11:34 am
Forum: Personal Investments
Topic: Newly widowed MIL requests help w/ finances and annuities
Replies: 20
Views: 1573

Re: Newly widowed MIL requests help w/ finances and annuities

With respect to her burn rate, do the math like Stinky did in his response. How long will her money last? He also suggested that you consider surrendering all of the annuities. Roll the IRA annuities into an IRA at Vanguard, Fidelity, Schwab, or someplace else that doesn’t charge high fees. Money s...
by Dottie57
Sun Oct 13, 2019 11:33 am
Forum: Personal Investments
Topic: Newly widowed MIL requests help w/ finances and annuities
Replies: 20
Views: 1573

Re: Newly widowed MIL requests help w/ finances and annuities

Mind the possible tax consequences of not doing anything. She still can file taxes as MFJ. In 2020 she will file as Single and the rates will be much higher. So OP learn enough to help your Aunt THIS year where there is a better tax situation.
by Dottie57
Sat Oct 12, 2019 2:48 pm
Forum: Personal Consumer Issues
Topic: If we visit Shenandoah and Blue Ridge Parkway, do we "need" to see Great Smoky Mtns. NP, too?
Replies: 52
Views: 4775

Re: If we visit Shenandoah and Blue Ridge Parkway, do we "need" to see Great Smoky Mtns. NP, too?

When I was about 7, my parents drove the family through the smokey mountains to South Carolina. I remember a stop in Asheville, NC Howard Johnsons. We went into the outside pool and it was just beautiful.

I hope OP enjoys the trip. I hope to make it to the area again.
by Dottie57
Sat Oct 12, 2019 9:24 am
Forum: Personal Investments
Topic: FERS employee age 51 offered a VERA can't access my TSP savings
Replies: 10
Views: 868

Re: FERS employee age 51 offered a VERA can't access my TSP savings

OP,

Google the following: VERA TSP and there are some links that may be of interest.
by Dottie57
Sat Oct 12, 2019 8:50 am
Forum: Personal Investments
Topic: Still contribute to my ROTH IRA?
Replies: 17
Views: 1596

Re: Still contribute to my ROTH IRA?

OP,

Keep doing the Roth IRA. You will be happy at retirement that you have it.

You are doing well. At age 50 I had a small savings account, no retirement and a new mortgage at 10% interest rate. You are doing well.

Dottie.
by Dottie57
Sat Oct 12, 2019 8:38 am
Forum: Personal Investments
Topic: Retirees, when did you start really planning your retirement?
Replies: 53
Views: 4645

Re: Retirees, when did you start really planning your retirement?

I didn’t have the smarts to do any planning until two years before retirement. I also joined Bogleheads at that same time and smartened up. All has turned out well so far.

P.S. i did my investing through work place 401k. Not planning but l new I had to have something at retirement.
by Dottie57
Fri Oct 11, 2019 3:40 pm
Forum: Personal Consumer Issues
Topic: Keep car entertainment system with fast clock or get refurbished one?
Replies: 33
Views: 1406

Re: Keep car entertainment system with fast clock or get refurbished one?

Our 2018 Camry, which is 15 months old has a clock that runs fast. 1 minute every 10 days. It adds up unless you want to keep fixing the clock. Toyota says some will do this and they will replace it with a refurbished entertainment system. Not so sure I want a refurbished unit in a 15 month old car...
by Dottie57
Fri Oct 11, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard keeps pushing their financial advisors...why?
Replies: 88
Views: 6397

Re: Vanguard keeps pushing their financial advisors...why?

I know I can delete these weekly emails from Vanguard, I am just wondering why they recently started pushing this, and if any other changes are in the works at Vanguard. Anyone know? Like other businesses, they are trying to increase revenue. But unlike most businesses, Vanguard is owned by it's cl...
by Dottie57
Thu Oct 10, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: Keep car entertainment system with fast clock or get refurbished one?
Replies: 33
Views: 1406

Re: Keep car entertainment system with fast clock or get refurbished one?

Our 2018 Camry, which is 15 months old has a clock that runs fast. 1 minute every 10 days. It adds up unless you want to keep fixing the clock. Toyota says some will do this and they will replace it with a refurbished entertainment system. Not so sure I want a refurbished unit in a 15 month old car...
by Dottie57
Thu Oct 10, 2019 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Inherited Annuity question(s)
Replies: 36
Views: 2349

Re: Inherited Annuity question(s)

My mother passed away and left me an annuity with Lincoln. Non-qualified, variable, already in distribution mode. Value is $750k, cash/cost basis/non taxable amount is $461k. 1) Should I cash out and be subject to NY and federal taxes to pay off my house, $520k left, 26 years at 4.2%? 2) Should I c...
by Dottie57
Thu Oct 10, 2019 8:58 am
Forum: Investing - Theory, News & General
Topic: When to start investing
Replies: 8
Views: 469

Re: When to start investing

What is an appropriate amount to have stored away in order to start investing? Should I let the amount of money in my bank determine what stocks to pursue or pursue stocks that I feel will do better in the long run? Read this - great advice and short! From etf.com https://www.etf.com/docs/IfYouCan....
by Dottie57
Wed Oct 09, 2019 8:54 pm
Forum: Personal Investments
Topic: Pension vs Lump Sum Payment
Replies: 19
Views: 1082

Re: Pension vs Lump Sum Payment

Immediateannuities.com shows an annuity amount for 1 life using $45.775k input will receive $379 per month at age 65. This is $221 less than the monthly pension. I would take the pension. Does that still hold true since pension numbers provided have been annotated to show they are Single Life? Chee...
by Dottie57
Wed Oct 09, 2019 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Savings ideas - retired with large separation payment
Replies: 9
Views: 882

Re: Tax Savings ideas - retired with large separation payment

Additionally, I am under-withheld for Federal Taxes (and probably state too) and plan to make a payment to bring me up to 110% of my 2018 tax obligation. I file MFJ. Thanks in advance. Are you sure about the under-withholding? All of my separation pay in a similar situation was taxed at the 22% fed...
by Dottie57
Wed Oct 09, 2019 8:34 pm
Forum: Personal Investments
Topic: Pension vs Lump Sum Payment
Replies: 19
Views: 1082

Re: Pension vs Lump Sum Payment

Immediateannuities.com shows an annuity amount for 1 life using $45.775k input will receive $379 per month at age 65. This is $221 less than the monthly pension. I would take the pension.
by Dottie57
Wed Oct 09, 2019 2:49 pm
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 2937

Re: What should I do about employer / industry risk in tech?

The results of Apple and MS say different. Have you somehow confused this thread about employee compensation in tech with another thread about the financial results of tech companies? I don't understand how this response could make sense otherwise. Well if they don’t have excellent employees who ar...
by Dottie57
Wed Oct 09, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma buying a new house
Replies: 31
Views: 2514

Re: Dilemma buying a new house

Of course the sell/buy being done on the same day is the ultimate best case. But who can do that? 8-) (hint...I did) In my opinion, second best is to sell, rent short term, then buy and move. Why? Because of personal experience with friends who overpriced their house to sell, bought the new, more e...
by Dottie57
Wed Oct 09, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma buying a new house
Replies: 31
Views: 2514

Re: Dilemma buying a new house

Of course the sell/buy being done on the same day is the ultimate best case. But who can do that? 8-) (hint...I did) In my opinion, second best is to sell, rent short term, then buy and move. Why? Because of personal experience with friends who overpriced their house to sell, bought the new, more e...
by Dottie57
Wed Oct 09, 2019 12:45 pm
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 2937

Re: What should I do about employer / industry risk in tech?

Just a note. Apple and Microsoft pay competitive wages to programmers since they are able to hire people they want. This is simply not true. At L63 senior, Microsoft median is about $225k/yr. This is a very good new grad offer at FB or Google or poor compensation for a new grad one or two years in....
by Dottie57
Wed Oct 09, 2019 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma buying a new house
Replies: 31
Views: 2514

Re: Dilemma buying a new house

Of course the sell/buy being done on the same day is the ultimate best case. But who can do that? 8-) (hint...I did) In my opinion, second best is to sell, rent short term, then buy and move. Why? Because of personal experience with friends who overpriced their house to sell, bought the new, more e...
by Dottie57
Wed Oct 09, 2019 10:21 am
Forum: Personal Investments
Topic: What should I do about employer / industry risk in tech?
Replies: 36
Views: 2937

Re: What should I do about employer / industry risk in tech?

Just a note. Apple and Microsoft pay competitive wages to programmers since they are able to hire people they want.
by Dottie57
Wed Oct 09, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Anyone know anything about California Bank and Trust?
Replies: 17
Views: 1068

Re: Anyone know anything about California Bank and Trust?

HueyLD wrote:
Wed Oct 09, 2019 9:36 am
If youI google their fake 1-800 number, you will see another phony site, except it isn’t there when you go to it. This has the same wording: Easy Money with an Easy Out!

Please be careful, people.
I buy CDs from Fidelity or my bank. Lots of creeps out there scamming people.
by Dottie57
Wed Oct 09, 2019 9:46 am
Forum: Investing - Theory, News & General
Topic: highly compensated employee (HCE) Time bomb?
Replies: 91
Views: 8292

Re: highly compensated employee (HCE) Time bomb?

+1. It’s unfortunate. Spouse and I have run into this. The good news is that from higher incomes you can still save a lot using a Taxable account. At retirement, you will appreciate the diversification of savings in tax-deferred, Roth and Taxable accounts. Having a good sized taxable account is a g...
by Dottie57
Wed Oct 09, 2019 6:51 am
Forum: Personal Investments
Topic: SEP is Maxed... Now what???
Replies: 8
Views: 637

Re: SEP is Maxed... Now what???

Hi All, I'm a small business owner and this year has been fairly good for me. My SEP IRA is now maxed at $56K. I also put $7K into an HSA (will be using for retirement) and have been putting $2k per month into a taxable investment account (betterment). <--- yes I know it's probably not recommended ...
by Dottie57
Wed Oct 09, 2019 6:36 am
Forum: Personal Investments
Topic: Capital Group-American Funds.....
Replies: 16
Views: 1110

Re: Capital Group-American Funds.....

If the 401k has ABALX - balanced fund from AF, it performed well for me over 10 yrs - equities and bonds. Dottie - the OP's daughter is in early 20's, would you still suggest a balanced fund at that age? Why hold so much of retirement money, money meant to grow in low yielding fixed income when ret...
by Dottie57
Tue Oct 08, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Controlling Discretionary Spending
Replies: 44
Views: 2806

Re: Controlling Discretionary Spending

I approached life differently. Set savings targets (automated) and the rest was mine to spend. If extra at end of month , then it was moved to savings account.

It is a good to give yourself time to evaluate a purchase. Large purchases (set an amount) need a couple of days wait.
by Dottie57
Tue Oct 08, 2019 4:45 am
Forum: Personal Consumer Issues
Topic: Should I sell or keep my 5 year old depreciated Tesla
Replies: 89
Views: 7207

Re: Should I sell or keep my 5 year old depreciated Tesla

+1.for keeping the car. It is fun to drive and is a sunk cost. Enjoy it. Learn to think of a car as something to get you from point A to point B. If you have a philosophy about cars let it be the Boglehead philosophy for keeping a car until it is used up.
by Dottie57
Mon Oct 07, 2019 9:57 pm
Forum: Personal Consumer Issues
Topic: 2010 Prius totaled.... Now what?
Replies: 40
Views: 3454

Re: 2010 Prius totaled.... Now what?

2010 Toyota Prius with 158k miles. We were rear ended at a stoplight yesterday. The impact caused us to hit the car in front of us. Early indications are that the car will be totaled. We're mainly concerned we'll get a check from State Farm that is nowhere near enough to replace. We've never dealt ...
by Dottie57
Mon Oct 07, 2019 9:54 pm
Forum: Personal Investments
Topic: UMN System Switch from Vanguard Target Date to expensive JPMorgan SmartRetirement Funds, Fiduciary?
Replies: 11
Views: 923

Re: UMN System Switch from Vanguard Target Date to expensive JPMorgan SmartRetirement Funds, Fiduciary?

The university system manages $50 billion in retirement assets. 76% of new employees use the default Target Date Funds for their retirement investments. Currently, those target date investments go into a Vanguard Target Date Institutional Fund with an ER of as little as 0.08%. A university system c...
by Dottie57
Mon Oct 07, 2019 8:46 pm
Forum: Investing - Theory, News & General
Topic: New York Life
Replies: 10
Views: 1399

Re: New York Life

F150HD wrote:
Sun Oct 06, 2019 6:33 pm
Had to deal with New York Life when a parent passed away it was an absolute living nightmare.

I don't see NYL referenced on this board a lot but maybe I just haven't seen those threads
+1

A friend had a nightmare after variable annuity was inherited. Many problems.
by Dottie57
Mon Oct 07, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: What are the essential and discretionary expenses in a retirement budget?
Replies: 110
Views: 6141

Re: What are the essential and discretionary expenses in a retirement budget?

I think drawing up a budget gives you an idea of what you can spend in retirement. I did the exercise before retiring so I could know If I had enough to keep up the same life style.
by Dottie57
Mon Oct 07, 2019 12:48 pm
Forum: Personal Investments
Topic: Capital Group-American Funds.....
Replies: 16
Views: 1110

Re: Capital Group-American Funds.....

If the 401k has ABALX - balanced fund from AF, it performed well for me over 10 yrs - equities and bonds.
by Dottie57
Mon Oct 07, 2019 11:08 am
Forum: Personal Consumer Issues
Topic: 2010 Prius totaled.... Now what?
Replies: 40
Views: 3454

Re: 2010 Prius totaled.... Now what?

2010 Toyota Prius with 158k miles. We were rear ended at a stoplight yesterday. The impact caused us to hit the car in front of us. Early indications are that the car will be totaled. We're mainly concerned we'll get a check from State Farm that is nowhere near enough to replace. We've never dealt ...
by Dottie57
Mon Oct 07, 2019 11:03 am
Forum: Personal Investments
Topic: Reality check
Replies: 21
Views: 2774

Re: Reality check

Miltf, You you came to a group which is dedicated to simpler style of investing but seem annoyed when there was no applause from the group. As for me, I don’t pay foran advisor anymore because they haven’t done better than the market. So I have simple index funds. I retired at 61. Small caps have gr...
by Dottie57
Sun Oct 06, 2019 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Tactics to pay off Mortgage Early??
Replies: 60
Views: 5997

Re: Tactics to pay off Mortgage Early??

I used my employers ESPP To purchase company stock and then after purchase I would sell it immediately. I could do up to 10% of salary. The money from sale of stock was applied to my mortgage. It really helped. The other thing I did was to pay extra on the mortgage each month. I had refinanced to a ...
by Dottie57
Sun Oct 06, 2019 4:24 pm
Forum: Personal Investments
Topic: A disappointing return
Replies: 21
Views: 2161

Re: A disappointing return

Thank you all. I will take everything into consideration. I admit: I'm a bit patient, as I got a late start with investing for retirement. Retirement investing is a long slow plod. The best way to ensure you have appropriate retirement funds is to invest more. You can’t depend on high stock allocat...
by Dottie57
Sun Oct 06, 2019 10:06 am
Forum: Personal Investments
Topic: Teacher received an inheritance, seeking advice
Replies: 28
Views: 3232

Re: Teacher received an inheritance, seeking advice

Welcome! Consider using the $92k inheritance: 1. $19k to pay off the student/auto loans 2. $6k to a spousal Roth IRA for 2019 3. $12k to both Roth IRAs in January 2020 4. $10k each to 529 accounts for 2 children; for the state tax credit/deduction you can carry forward the amount above $4,865 for 4...
by Dottie57
Sat Oct 05, 2019 5:03 pm
Forum: Personal Investments
Topic: 403(b) VIIIX vs FSKAX/FZROX
Replies: 4
Views: 243

Re: 403(b) VIIIX vs FSKAX/FZROX

Hey guys. VIIIX (0.02 ER) is a core fund in my 403b and I currently have 100% of my holding in that fund until I hit 50k and go three fund per advice I received here. I recently spoke to fidelity about my brokerage link option and they said it is fee free and I can put 100% of my contribution into ...