Search found 402 matches

by Rob54keep
Fri Aug 07, 2020 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: your retirement vs. your parents
Replies: 20
Views: 1953

Re: Retirees: your retirement vs. your parents

My parents lived pretty much paycheck to paycheck. However they also raised 5 children and always had a nice car in a good neighborhood. My dad was a disabled vet and received compensation but died an early death in his mid-40's. My mother worked for the same manufacturing company for 30+ years and ...
by Rob54keep
Sat Aug 01, 2020 8:56 am
Forum: Personal Investments
Topic: After 65 Roth Conversion and SS at 70
Replies: 19
Views: 1710

Re: After 65 Roth Conversion and SS at 70

I agree with your planning and the recommendations to watch your marginal tax rate for Medicare IRMMA thresholds. You may also want to consider a HSA to reduce your AGI for tax purposes.
by Rob54keep
Tue Jul 14, 2020 4:23 pm
Forum: US Chapters
Topic: Interest In forming North Texas Boglehead Group
Replies: 37
Views: 6451

Re: Interest In forming North Texas Boglehead Group

We could setup a Zoom meeting this weekend. I will PM the other individuals that were interested and see what level of interest still remains. Please check your PM (personal messages) and send me your email address and I will send the Zoom ID and password for this Saturday's initial meeting. So far ...
by Rob54keep
Sat Jun 27, 2020 9:09 am
Forum: Personal Consumer Issues
Topic: What is the single best piece of exercise equipment you bought for your home?
Replies: 221
Views: 11624

Re: What is the single best piece of exercise equipment you bought for your home?

I got a Sole treadmill. Along with my bike, a great daily 1-2 punch! I also got a $209 refund from my annual gym fee.
by Rob54keep
Mon Jun 15, 2020 7:04 am
Forum: Personal Investments
Topic: Retire at 55 in 6 months- doable?
Replies: 16
Views: 3399

Re: Retire at 55 in 6 months- doable?

I would also consider doing a HSA for both you and your wife. That will help with your tax bill on possible Roth conversions.
by Rob54keep
Sat Jun 13, 2020 5:24 am
Forum: Personal Finance (Not Investing)
Topic: Over IRMMA Income Limit for One Year
Replies: 5
Views: 511

Re: Over IRMMA Income Limit for One Year

AT least "the mistake" to go over the IRMMA limit this year is intentional on my part and not a surprise to me.
by Rob54keep
Fri Jun 12, 2020 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Over IRMMA Income Limit for One Year
Replies: 5
Views: 511

Re: Over IRMMA Income Limit for One Year

Hurricane analogy makes me nervous. My house was hit by Hurricane Ike in around 2009. So I appeal it if I feel there was one of the life-changing events. If not, I pay the tax and then expect Medicare/SS to adjust downward in 2023?
by Rob54keep
Fri Jun 12, 2020 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Over IRMMA Income Limit for One Year
Replies: 5
Views: 511

Over IRMMA Income Limit for One Year

I may be going over the IRMMA income limit (MFJ) for 2020. I am on Medicare but my wife is only 62. However this income increase is only for one year (2020). I assume that my Medicare premiums will increase in 2022 to the next Tier. If my AGI beyond 2020 is going to be below the IRMMA income limit, ...
by Rob54keep
Sat Jun 06, 2020 5:05 pm
Forum: Personal Investments
Topic: Retirees: what is your AA?
Replies: 80
Views: 3978

Re: Retirees: what is your AA?

At 66, I keep it in the range of 35-40%/55-65%/5-10%. I will start SS at 70, no pension.
by Rob54keep
Fri May 29, 2020 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Career advice for science PhD student
Replies: 78
Views: 6247

Re: Career advice for science PhD student

For me I found great satisfaction working geochemistry (organic) in the energy industry. Really good pay and benefits. I would also consider NASA considering their goals for the next 10-20 years.
by Rob54keep
Fri May 29, 2020 6:26 am
Forum: Personal Consumer Issues
Topic: Pandemic buys that have improved quality of life?
Replies: 185
Views: 19284

Re: Pandemic buys that have improved quality of life?

Treadmill for jogging, telescope for astronomy viewing.
by Rob54keep
Thu May 07, 2020 6:34 am
Forum: Personal Finance (Not Investing)
Topic: How Do Early Retirees Pay for Medical
Replies: 132
Views: 10032

Re: How Do Early Retirees Pay for Medical

If you a military veteran (honorable discharge), you may qualify for veterans benefits (VA Care). There may be some costs depending on your income. However, your spouse would not be covered.

https://www.va.gov/health-care/eligibility/
by Rob54keep
Sun Apr 19, 2020 6:01 am
Forum: Personal Finance (Not Investing)
Topic: Are we doing everything we could with personal finances?
Replies: 17
Views: 2478

Re: Are we doing everything we could with personal finances?

Not sure of ages but I assume you have some life insurance/disability insurance?
by Rob54keep
Sat Apr 18, 2020 5:33 am
Forum: Personal Consumer Issues
Topic: Frugal quarantine habits to keep
Replies: 87
Views: 8440

Re: Frugal quarantine habits to keep

I got a treadmill. I still will go to my local gym but it is nice having an alternative at times. Also now doing the post office online and having them pickup packages from my front door. No need to go to the post office.
by Rob54keep
Sun Apr 05, 2020 8:26 am
Forum: Personal Investments
Topic: For Retirees Without Pensions .... Fixed Portion?
Replies: 32
Views: 3241

Re: For Retirees Without Pensions .... Fixed Portion?

I'm 65 with no pension and waiting for SS at 70. Currently AA is about 35/55/10 with 30x safe assets. Fixed portion is in Stable Income fund 20%, Total Bond 50%, Short Term UST 15%, CD's 10% and other online savings 5%. Withdrawals are currently from Stable fund (highest ER fund I have) until SS kic...
by Rob54keep
Fri Mar 20, 2020 8:50 am
Forum: Personal Investments
Topic: Take SS Now?
Replies: 14
Views: 1031

Re: Take SS Now?

Go to Open Social Security and look at some different scenarios. That may aid your decision. Use the Advance Option for more options.

https://opensocialsecurity.com
by Rob54keep
Wed Feb 05, 2020 5:52 pm
Forum: US Chapters
Topic: Interest In forming North Texas Boglehead Group
Replies: 37
Views: 6451

Re: Interest In forming North Texas Boglehead Group

I met with WEL on Saturday for some initial discussions. I will be sending out an invite this week for an initial meeting here in Frisco. I will contact individuals via PM.
by Rob54keep
Sun Feb 02, 2020 7:17 am
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 330
Views: 26038

Re: Customer Service with Vanguard

I have had Vanguard for over 30 years and no major problems. I had my 401k transferred to Fidelity as of Jan 2020 (not my choice but the company changed the Administrator of the 401k) and I am having many problems with Fidelity. They are giving me incorrect information and doing transactions without...
by Rob54keep
Thu Jan 30, 2020 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Can I convert to Roth now for 2019?
Replies: 3
Views: 316

Re: Can I convert to Roth now for 2019?

Deadline for 2019 tIRA to Roth IRA conversion is 12/31/2019. Roth IRA contributions can be made up to the tax deadline 4/15/2020.
by Rob54keep
Sun Jan 26, 2020 10:22 am
Forum: US Chapters
Topic: Interest In forming North Texas Boglehead Group
Replies: 37
Views: 6451

Re: Interest In forming North Texas Boglehead Group

So potentially 4? Great! Can we agree to go to PM and set this up?
by Rob54keep
Sun Jan 26, 2020 7:30 am
Forum: Personal Finance (Not Investing)
Topic: HSA contributions approaching age 65
Replies: 18
Views: 1102

Re: HSA contributions approaching age 65

My understanding is if your wife turns 65(Oct) in 2020 and goes on Medicare and you are still 64 then: You = ($3550+$1000) = $4550 Her = (9/12*3550+1000) = $3163 this assumes she has a separate HSA account Total = $8713 Then when you are 65 (March) the following year, you can contribute to a HSA (2/...
by Rob54keep
Sat Jan 25, 2020 7:25 pm
Forum: US Chapters
Topic: Interest In forming North Texas Boglehead Group
Replies: 37
Views: 6451

Re: Interest In forming North Texas Boglehead Group

OK, well perhaps this is a start to bigger things! I will send you a PM related to this. Make sure you check your PM folder for the message.
by Rob54keep
Mon Jan 20, 2020 7:49 am
Forum: Personal Investments
Topic: New Here Fidelity or Vanguard
Replies: 115
Views: 7272

Re: New Here Fidelity or Vanguard

I have been at Vanguard for over 30 years and overall very happy. I had my 401k transferred from Vanguard to Fidelity at the first of 2020 (not my choice but my previous company choice). Within one week, Fidelity has already messed up my instructions twice! They may be nice on the phone BUT they are...
by Rob54keep
Mon Jan 20, 2020 7:10 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block deluxe tax+state+fed efile: $20 at Amazon
Replies: 12
Views: 1685

Re: H&R Block deluxe tax+state+fed efile: $20 at Amazon

H&R tax software is delayed in their updates. Currently their software is incorrect whilst FreeTaxUSA appears to be ok. This isn't rocket science, I'm not sure why they are so slow in getting their product to work.
by Rob54keep
Mon Dec 30, 2019 7:17 am
Forum: Personal Investments
Topic: Roth conversion and Social Security being taxed.
Replies: 15
Views: 1762

Re: Roth conversion and Social Security being taxed.

Using the excellent tax calculator below I think she can convert about $40k to the top of the 12% bracket. Yes 85% of SS will be taxed but she will be in the Single bracket next year. Please enter your income numbers in case I misinterpreted them. Make certain to select “Standard or Itemized Deduct...
by Rob54keep
Wed Dec 25, 2019 6:51 am
Forum: Personal Finance (Not Investing)
Topic: What NON-frugal thing did you do today?
Replies: 79
Views: 5644

Re: What NON-frugal thing did you do today?

I went to Costco today (which is good) and bought a tenderloin choice beef ($25/pound) and salmon for Christmas guests. I'm sure I will enjoy it but...
by Rob54keep
Tue Dec 24, 2019 12:06 pm
Forum: Personal Consumer Issues
Topic: Costco car rental question
Replies: 25
Views: 1966

Re: Costco car rental question

In addition, I would check the rental price that you are quoted before you depart. I have often saved hundreds of $$ by just the timing of my reservation.
by Rob54keep
Wed Dec 04, 2019 11:10 am
Forum: US Chapters
Topic: Interest In forming North Texas Boglehead Group
Replies: 37
Views: 6451

Re: Interest In forming North Texas Boglehead Group

It still boggles (no pun intended) my mind that there are so few people interested in an area like Frisco/Plano. DFW is a large area and only one small group is viable?
by Rob54keep
Wed Dec 04, 2019 10:31 am
Forum: US Chapters
Topic: Interest In forming North Texas Boglehead Group
Replies: 37
Views: 6451

Re: Interest In forming North Texas Boglehead Group

Well perhaps we can find enough interest in the Frisco/Plano area.
by Rob54keep
Mon Nov 18, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree couple seeking pointers on relocation
Replies: 7
Views: 875

Re: Retiree couple seeking pointers on relocation

These are all great ideas. I will look in more detail on these. You got my wheels turning in different directions,,,much thanks! Good topics to discuss with wife. I know she prefers to be within 10 minutes of my daughter. Currently we are about 1.5 hours away. We are familiar with the area and could...
by Rob54keep
Mon Nov 18, 2019 10:54 am
Forum: Personal Investments
Topic: What to do with this cash? Anything?
Replies: 10
Views: 1113

Re: What to do with this cash? Anything?

What are your ages? How is the inherited IRA invested (stocks/bonds etc.)?
What are your approximate expenses/year?
by Rob54keep
Mon Nov 18, 2019 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Retiree couple seeking pointers on relocation
Replies: 7
Views: 875

Retiree couple seeking pointers on relocation

Details: He (65), she (61): MFJ, No state taxes, Fed 22% (with Roth conversions and her H.S.A contributions) She will begin SS next year at 62 and he will delay until 68-70 (she will then switch to spousal benefits when he takes SS) Income: He works part-time: about $10k/year Monthly withdrawals and...
by Rob54keep
Thu Nov 14, 2019 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: IRMAA Thresholds in 2020
Replies: 43
Views: 8140

Re: IRMAA Thresholds in 2020

It looks like the base income threshold for MFJ for IRMMA for 2020 (thus 2018 MAGI) is $174k or less per Medicare website.
https://www.medicare.gov/your-medicare- ... t-a-glance
by Rob54keep
Sun Nov 10, 2019 7:03 am
Forum: US Chapters
Topic: U. S. Marine Corps Birthday
Replies: 22
Views: 2011

Re: U. S. Marine Corps Birthday

Happy Birthday & Semper Fi to all former Marines!!
Rob USMC
1973-1976
by Rob54keep
Sat Sep 21, 2019 8:55 am
Forum: Personal Finance (Not Investing)
Topic: CMS direct debit hit twice [Medicare]
Replies: 47
Views: 3679

Re: CMS direct debit hit twice

Yes, they hit my checking account twice yesterday with monthly Medicare premium. I called them and they are aware of this across the board problem. This could create major headaches for some with overdrawn accounts, fees, etc. Ouch!!
by Rob54keep
Wed Sep 18, 2019 6:52 am
Forum: Personal Consumer Issues
Topic: Retirees that have hobbies that make money - what are they?
Replies: 26
Views: 3555

Re: Retirees that have hobbies that make money - what are they?

I teach one online course in science. Basically pays for our medical premiums for the year. I enjoy the interaction with the students/professors and the material. I have been considering that as for 12 years while my wife was out of the workforce I taught undergrad accounting courses though that wa...
by Rob54keep
Tue Sep 17, 2019 4:39 pm
Forum: Personal Consumer Issues
Topic: Retirees that have hobbies that make money - what are they?
Replies: 26
Views: 3555

Re: Retirees that have hobbies that make money - what are they?

I teach one online course in science. Basically pays for our medical premiums for the year. I enjoy the interaction with the students/professors and the material.
by Rob54keep
Fri Aug 09, 2019 9:59 am
Forum: Personal Consumer Issues
Topic: Budget Rental Cars Left Me Stranded--Prevention ?
Replies: 42
Views: 3105

Re: Budget Rental Cars Left Me Stranded--Prevention ?

I had this happen to me with a hotel reservation (Marriott). I had a confirmation number but they said they gave the room to a priority member. Not what you want to hear after being on the road for 8 hours. They did pay for a room at a different hotel however. I also had them pay for the breakfast a...
by Rob54keep
Fri Jun 28, 2019 4:57 am
Forum: Personal Consumer Issues
Topic: Purchasing Major Appliances from Costco
Replies: 49
Views: 17732

Re: Purchasing Major Appliances from Costco

If you are a US military veteran, Home Depot and Lowes give a 10% discount.
by Rob54keep
Sun May 26, 2019 5:44 pm
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 14162

Re: What is your U.S./ex-U.S. stock allocation?

About 93% US, 7% international.
by Rob54keep
Sun May 26, 2019 5:38 pm
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 165
Views: 19831

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why?

I am currently at about 40/60. I have about 30x annual expenses in short-term instruments (bonds, CD's I-Bonds, Stable Funds) to age 95 and the remainder in stocks. I have no desire to take on more risk just to possibly create a larger legacy asset. I rebalance the AA as stocks become inflated and a...
by Rob54keep
Wed May 15, 2019 6:47 am
Forum: Personal Consumer Issues
Topic: What is this collection device?
Replies: 13
Views: 2598

Re: What is this collection device?

A cheap fix to a leaky gutter.
by Rob54keep
Sun Mar 31, 2019 7:39 am
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 4788

Re: Selling Series I Bonds

I just sold some I-Bonds last week on TD. Yes the deferred interest is taxable for 2019. I had my credit union details setup in TD and just redeemed them and directed them to sent to my CU. I had funds deposited in two business day! Simple and quick process.
by Rob54keep
Fri Feb 22, 2019 7:37 am
Forum: Personal Investments
Topic: Money Market in HSA account with Fido?
Replies: 4
Views: 517

Re: Money Market in HSA account with Fido?

Yea, I use SPRXX that has no minimum. Current rate somewhere around 2.5%.
by Rob54keep
Fri Feb 15, 2019 8:02 am
Forum: Personal Finance (Not Investing)
Topic: HSA contribution limits & Medicare
Replies: 14
Views: 1266

Re: HSA contribution limits & Medicare

Thanks, that makes it easy for me.
by Rob54keep
Fri Feb 15, 2019 7:36 am
Forum: Personal Finance (Not Investing)
Topic: HSA contribution limits & Medicare
Replies: 14
Views: 1266

Re: HSA contribution limits & Medicare

So if I am eligible for Medicare as of May 1 this year (I will be 65 on May 30) and I enrolled in Medicare in March, is that when my HSA eligibility ends or does it end on April 30 (HSA=4/12 for 2019)? Is it better to delay signing up for Medicare (still before age 65) to get maximize the amount of ...
by Rob54keep
Sun Feb 10, 2019 6:34 am
Forum: Investing - Theory, News & General
Topic: Does Asset Allocation include 401k?
Replies: 10
Views: 1058

Re: Does Asset Allocation include 401k?

Your AA in this case? It depends on what is in your 401k. Are there stocks? bonds? other?
by Rob54keep
Sat Feb 02, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Is roth conversion worth it in all cases?
Replies: 87
Views: 9109

Re: Is roth conversion worth it in all cases?

I would consider having a sizable taxable account before you retire. If you decide to do partial Roth conversions, you can pay taxes with these funds. It also allows you some tax diversification when making withdrawals in retirement to control taxes. Mine consisted of stock index funds and municipal...
by Rob54keep
Sat Feb 02, 2019 10:07 am
Forum: Personal Investments
Topic: HSA to Fidelity, now where to park the funds?
Replies: 19
Views: 3141

Re: HSA to Fidelity, now where to park the funds?

It depends on your time-frame in using these HSA assets. Being in retirement and starting to use some HSA funds, I now have my funds in short-term bond and MMA funds.