Search found 5100 matches

by ResearchMed
Mon Oct 23, 2017 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Urgent! Heading to ER, surprise bills
Replies: 37
Views: 2513

Re: Urgent! Heading to ER, surprise bills

I'm heading to the ER on the recommendation of the urgent care center. I'm worried about surprise bills. What can I do to avoid them? I'm going to an in-network hospital, but I'm afraid of getting a bill from an out of network provider. I'm not taking an ambulance, so that's not an issue. Can OP pl...
by ResearchMed
Mon Oct 23, 2017 10:40 pm
Forum: Investing - Theory, News & General
Topic: Why not just annuitize and be done with it?
Replies: 51
Views: 15469

Re: Why not just annuitize and be done with it?

Recently checked the interest rate for an annuity through Met-Life through the TSP. ( Thrift Savings Plan) The interest rate applied for the annuity if purchased in October 2017 is-- 2.125%. With a rate that low I cant envision purchasing an annuity. It would depend upon age at start of annuity pay...
by ResearchMed
Mon Oct 23, 2017 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 98
Views: 5048

Re: How does/can Walmart offer such inexpensive prescriptions?

I think your confusion is because some PBMs charge the full copay no matter what and some charge just the pharmacy price if the copay is higher than the drug price. I believe Express Scripts does charge the higher amount while some others do not. My Part D plan uses Express Scripts. I frequently pa...
by ResearchMed
Mon Oct 23, 2017 4:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 121
Views: 11042

Re: Vanguard 403b Changes

I'm so glad to find this forum topic. I'm wondering if anyone else has this issue and if so, whether you've talked to anyone at Vanguard to confirm how this will be handled. My husband's employer typically makes the contributions to his 403b7 at Vanguard in the first week of the month, which in Nov...
by ResearchMed
Mon Oct 23, 2017 4:02 pm
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 49
Views: 3528

Re: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]

Roger Ferguson, President & CEO of TIAA, has issued an online reply to The New York Times ' article about the company. https://www.tiaa.org/public/about-tiaa/news-press/press-releases/pressrelease693.html Slightly OT, but I was both moved and amused by the couple who thanked TIAA, and noted how the...
by ResearchMed
Mon Oct 23, 2017 3:00 pm
Forum: Investing - Theory, News & General
Topic: Why not just annuitize and be done with it?
Replies: 51
Views: 15469

Re: Why not just annuitize and be done with it?

Maybe somebody can correct me on this but aren't the annuity payout schedules set by the average health of people buying annuities? If somebody is obese with a 3 pack a day habit, likes to skydive, with bad relatives, they should be awarded a larger monthly payout than the people who buy annuities ...
by ResearchMed
Mon Oct 23, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: Why not just annuitize and be done with it?
Replies: 51
Views: 15469

Re: Why not just annuitize and be done with it?

So why even bother with asset allocation decisions and rebalancing and taxable vs. non-taxable and all of that at retirement? Why not just annuitize your portfolio and be done with it? Because if you get hit by a bus the day after you sign the annuity, all of your money goes poof. There are SPIA's ...
by ResearchMed
Mon Oct 23, 2017 2:27 pm
Forum: Investing - Theory, News & General
Topic: Why not just annuitize and be done with it?
Replies: 51
Views: 15469

Re: Annuity is not guaranteed

I did read from others here about the effect inflation causes to an annuity. The value of $2000 per month payout today is worth much less 20 years away. What I didn't read was that an annuity is not guaranteed. The insurance company could go out of business. Several could go out in a national or in...
by ResearchMed
Mon Oct 23, 2017 9:21 am
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 98
Views: 5048

Re: How does/can Walmart offer such inexpensive prescriptions?

It's really not that complicated: *Buy low/sell low *Walmart's "cash" prices, or "negotiated prices" if you are on a HDHP, will almost always be lower than other chains/independents, because the others usually charge too much. *Your employer/health plan/Medicare plan sets copays with their PBM. If ...
by ResearchMed
Mon Oct 23, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: Favorite HIIT Workouts
Replies: 21
Views: 1091

Re: Favorite HIIT Workouts

fishmonger wrote:
Mon Oct 23, 2017 8:25 am
Wondering what you all do for HIIT workouts, or complexes? Kind of got into a rut where I do the same 3 over and over: one sprint workout, one rowing machine, and one on the bike
What's an "HIIT workout"?

RM
by ResearchMed
Sun Oct 22, 2017 8:02 pm
Forum: Personal Consumer Issues
Topic: Installing a slide inside a home?
Replies: 35
Views: 1960

Re: Installing a slide inside a home?

If the slide entrance is hidden in an upstairs closet do you want the kids going through the closet to use the slide? The slide will take up space in the closet (floor, wall) that could be used for storage. Does the house have plenty of storage? Do you want your kids friends using the slide when yo...
by ResearchMed
Sun Oct 22, 2017 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Can you do a rollover even if you aren't leaving a job?
Replies: 17
Views: 1435

Re: Can you do a rollover even if you aren't leaving a job?

This is what I am afraid of. What would my options be if this was an unqualified distribution? Can it be corrected? If this did happen, It wasn't me that did it. It was my former 403b provider that messed it up. If they screwed it up, they need to fix it. As long as you never took possession of the...
by ResearchMed
Sun Oct 22, 2017 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Is TIAA-CREF one of the "good guys"?
Replies: 54
Views: 10188

Re: Is TIAA-CREF one of the "good guys"?

I ran across this article and was (maybe a little naively) shocked. I always had the impression that TIAA was one of the "good guys". To be fair, I don't know a lot about them except by general reputation and we have no accounts with them. I always associated them with teacher 403b's, and even thou...
by ResearchMed
Sun Oct 22, 2017 5:03 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund "share price"
Replies: 22
Views: 886

Re: Mutual Fund "share price"

Well, the price of a share can matter but certainly not in the sense introduced by the OP. The fallacy in question is that a higher share price is a more "expensive" share, as if a share were a fixed entity in all cases, like buying a donut or a car. I guess I don't know where this is to be explain...
by ResearchMed
Sun Oct 22, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 49
Views: 3528

Re: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]

Fortunately I am retired, converted my TIAA Traditional to "lifetime payout" I'm going to be doing that soon. What's worrisome about where TIAA seems to be going for me (and I think maybe for you as well) is that to some degree the attractiveness of TIAA Trad anuuitization relative to 'normal' comm...
by ResearchMed
Sun Oct 22, 2017 12:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: Thank you Jack, Taylor and Mel!!
Replies: 23
Views: 1983

Re: Thank you Jack, Taylor and Mel!!

We should not only thank Jack, Taylor, and Mel but also those who moderate the forum. The moderators are the unsung heroes around here. Yes to all of the above, including Alex and mingstar, and of the various mods, a special nod to LadyGeek. We are among those who will definitely have a better reti...
by ResearchMed
Sun Oct 22, 2017 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Allocation Question
Replies: 5
Views: 296

Re: TIAA Allocation Question

Thanks for several years of informative reading. My first post/question. My husband and I are in process of re-allocating our TIAA holdings, which make up about 2/3 of our nw. Ages 63, 65, so near retirement. No pension and--sadly--no social security (don't ask--a terrible situation). We succumbed ...
by ResearchMed
Sun Oct 22, 2017 9:48 am
Forum: Investing - Theory, News & General
Topic: Mutual Fund "share price"
Replies: 22
Views: 886

Re: Mutual Fund "share price"

It's like taking a $100 check to the to the bank. The teller can give you five $20 bills, or twenty $5 bills. In either case, you get your $100 worth of cash. When you invest $100 in a mutual fund, you get $100 worth of shares. Well, yes, *I* know that! I'm concerned about others, especially "newbi...
by ResearchMed
Sun Oct 22, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 28
Views: 2250

Re: Turning 65, and choosing not to take Medicare Part B

The likelihood that this private employer insurance will not last is very high. We eschewed employer supplemental coverage and sure enough it was gone within two years. My wife just managed to squeak into Medicare the year they simply deleted any health coverage for retirees under age 65. Is this f...
by ResearchMed
Sun Oct 22, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 98
Views: 5048

Re: How does/can Walmart offer such inexpensive prescriptions?

Interesting thread. I am a family physician and have gone through the process of pricing generic drugs for patients. When you buy them in bulk, as Walmart most certainly does, the cost is really pennies compared to what retail pharmacies charge. What looks like an awesome deal is simply a gimmick a...
by ResearchMed
Sun Oct 22, 2017 9:20 am
Forum: Investing - Theory, News & General
Topic: Mutual Fund "share price"
Replies: 22
Views: 886

Mutual Fund "share price"

Two times recently, someone has commented that the mutual fund share price seems to be a factor in purchasing consideration: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=230094&newpost=3583400&view=unread#unread and https://www.bogleheads.org/forum/viewtopic.php?f=1&t=230386&newpost=3583457&...
by ResearchMed
Sun Oct 22, 2017 8:51 am
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 98
Views: 5048

Re: How does/can Walmart offer such inexpensive prescriptions?

Interesting thread. I am a family physician and have gone through the process of pricing generic drugs for patients. When you buy them in bulk, as Walmart most certainly does, the cost is really pennies compared to what retail pharmacies charge. What looks like an awesome deal is simply a gimmick a...
by ResearchMed
Sat Oct 21, 2017 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 98
Views: 5048

Re: How does/can Walmart offer such inexpensive prescriptions?

I was in the RX business for many years and now retired. I worked for a megacorp HMO and ran a $15mil inventory. Most generic drugs cost very little; even less than 1 penny per tablet for quite a few. It is easy to make money on $4 generic RXs. I am of the opinion that generics are basically the sa...
by ResearchMed
Sat Oct 21, 2017 5:50 pm
Forum: Investing - Theory, News & General
Topic: 401k "only" up 13.5% YTD
Replies: 26
Views: 2515

Re: 401k "only" up 13.5% YTD

"Being fully diversified means always having to say you're sorry." :happy You don't have to cherry-pick the sorrow. You could also cherry-pick the glee. Well diversified portfolios always contain both the best performing and worst performing segments of the market, no matter how you care to segment...
by ResearchMed
Sat Oct 21, 2017 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 98
Views: 5048

Re: How does/can Walmart offer such inexpensive prescriptions?

I was in the RX business for many years and now retired. I worked for a megacorp HMO and ran a $15mil inventory. Most generic drugs cost very little; even less than 1 penny per tablet for quite a few. It is easy to make money on $4 generic RXs. I am of the opinion that generics are basically the sa...
by ResearchMed
Sat Oct 21, 2017 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 98
Views: 5048

Re: How does/can Walmart offer such inexpensive prescriptions?

With all due respect, I'd love to get down in the weeds. As far as I know, to be a certified generic in the US, the FDA requires the exact same active ingredients. Now, a manufacturer may change the non-active fillers, but those should have no medical effect. OK. I do agree that for true "generics"...
by ResearchMed
Sat Oct 21, 2017 2:47 pm
Forum: Forum Issues and Administration
Topic: Abbreviations
Replies: 7
Views: 317

Re: Abbreviations

Coolstavi wrote:
Sat Oct 21, 2017 2:36 pm
Yes thank you. Wasn't sure if 'DH' meant something along the lines of Divorced Husband or Deceased Husband. It was weird wondering why people kept living with their 'DH's when they were divorced...
Worse yet if they seemed to be living with their Deceased Husband :shock:

RM
by ResearchMed
Sat Oct 21, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 28
Views: 2250

Re: Turning 65, and choosing not to take Medicare Part B

Are there many (any) employer "Retiree" health plans that do *not* require Medicare B for retirees who turn 65? Yes - federal government retirees have the choice. I know such retirees who have declined Part B and some who pay for it. One longtime friend, who studies these things to the ultimate, de...
by ResearchMed
Sat Oct 21, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 28
Views: 2250

Re: Turning 65, and choosing not to take Medicare Part B

Just be aware that due to a quirk in the law, retiree coverage does not qualify for an exemption to the Part B late enrollment penalty. While there are significant limits to what a company can do with a pension plan. There are no such limits on retiree health benefits. A company can and some have a...
by ResearchMed
Sat Oct 21, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 28
Views: 2250

Re: Turning 65, and choosing not to take Medicare Part B

Just be aware that due to a quirk in the law, retiree coverage does not qualify for an exemption to the Part B late enrollment penalty. While there are significant limits to what a company can do with a pension plan. There are no such limits on retiree health benefits. A company can and some have a...
by ResearchMed
Sat Oct 21, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: medicare supplement
Replies: 29
Views: 1896

Re: medicare supplment

I live California Anyone has some experience selecting the Medigap option . and like to know which company carry best one. I'm having trouble choosing the Medigap option ( Medicare supplement ) The option F is good but very expensive monthly premium. Have you received any assistance with your quest...
by ResearchMed
Sat Oct 21, 2017 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 28
Views: 2250

Re: Turning 65, and choosing not to take Medicare Part B

turning 65 soon, will sign up for part A only. employee sponsored plan is creditable (as is drug coverage) and will remain primary. This is our current situation, with Medicare A only. However, upon retirement, we'll need to switch to Medicare B, and then Employer Plan switches to a "Retiree Plan" ...
by ResearchMed
Sat Oct 21, 2017 12:29 pm
Forum: Investing - Theory, News & General
Topic: 401k "only" up 13.5% YTD
Replies: 26
Views: 2515

Re: 401k "only" up 13.5% YTD

But you can't expect to do the same as the "best asset class" every year. (Even if you tried, you'd need your magical powers to be in the "best asset class" every year.) We keep noticing the same thing... but then I need to remind myself that we slice and dice, so there will always be some "winners...
by ResearchMed
Sat Oct 21, 2017 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Returning only the signature page [of a legal document]
Replies: 12
Views: 1086

Re: Returning only the signature page [of a legal document]

I saw quite a bit of this when I was working in a law firm, mostly with "low risk" documents (e.g., if an employer already has rights to an invention from a clause in the employment contract, but they want an additional signed "confirmatory assignment" by the inventor to file with the Patent Office...
by ResearchMed
Fri Oct 20, 2017 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Returning only the signature page [of a legal document]
Replies: 12
Views: 1086

Re: Returning only the signature page [of a legal document]

Some notaries seem to "just" witness the signature, check ID's, etc. Others (same state) seem to want to see the complete document. Why? And... how do they know it is the *entire* document, and there aren't other sections, or appendices, or whatever? What if the document content is - or looks like -...
by ResearchMed
Fri Oct 20, 2017 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Advisor's choice of immediate variable annuity for retirement income
Replies: 22
Views: 1205

Re: Advice on Advisor's choice of immediate variable annuity for retirement income

My financial adviser convinced me to roll over $100k of my 401k into a BrightHouse immediate variable annuity. I questioned his choice about annuities and he responded that they are good for steady retirement income, which is paying out 5% per month . He never disclosed the terms of the annuity dur...
by ResearchMed
Fri Oct 20, 2017 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Advisor's choice of immediate variable annuity for retirement income
Replies: 22
Views: 1205

Re: Advice on Advisor's choice of immediate variable annuity for retirement income

My financial adviser convinced me to roll over $100k of my 401k into a BrightHouse immediate variable annuity. I questioned his choice about annuities and he responded that they are good for steady retirement income, which is paying out 5% per month . He never disclosed the terms of the annuity dur...
by ResearchMed
Fri Oct 20, 2017 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Filing jointly under common law
Replies: 6
Views: 627

Re: Filing jointly under common law

hmmm....I saw that page, but I also see from the IRS: Taxpayers may use the Married Filing Jointly status if one of the following applies on the last day of the tax year: They are married and: Live together or Live apart but are not legally separated or divorced They are common law married pursuant...
by ResearchMed
Fri Oct 20, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Returning only the signature page [of a legal document]
Replies: 12
Views: 1086

Re: Returning only the signature page

It seems to be very much standard practice to sign and email back only the signature page when finalizing an agreement electronically. I'm always puzzled by this but I do it anyway. Does this ever lead to disputes over the content of the agreement? I've never seen this, either electronically or sen...
by ResearchMed
Fri Oct 20, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Possible to move self directed brokerage account to another brokerage?
Replies: 3
Views: 250

Re: Possible to move self directed brokerage account to another brokerage?

I have self directed 401k through work at TDAmeritrade. Not happy about TDA's decision to remove commission free Vanguard funds and would like to transfer my assets to Merrill Edge to take advantage of the free trading commissions. Is it possible to change brokerage's for one's self directed 401k? ...
by ResearchMed
Fri Oct 20, 2017 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Questions
Replies: 13
Views: 875

Re: TIAA Questions

We have been told that EITHER of these (or any other of the assorted "mutual funds" or "variable annuities") can be annuitized. So... it seems that the distinction between "variable annuities" and "mutual funds" is a bit of an historical leftover. (If not, I'm even more befuddled about why there ar...
by ResearchMed
Fri Oct 20, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Questions
Replies: 13
Views: 875

Re: TIAA Questions

ResearchMed gave you good information about the Equity Index Accounts (not called funds). I just want to add that, although the variable annuity accounts can be handled just like mutual funds, their great advantage is that when you retire, if you so choose, you can turn them into lifetime annuities...
by ResearchMed
Fri Oct 20, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house in retirement - what funds to use?
Replies: 20
Views: 1536

Re: Buying a house in retirement - what funds to use?

Here's my situation... My wife and I, along with 2 young kids (3-1/2 and 15 months) plan to move to San Diego after I retire in about 8 years at age 57 (my wife will be 45). I know, it's a HCOL area and most of the posts I read here are about people wanting to move away from CA after they retire. B...
by ResearchMed
Fri Oct 20, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 28
Views: 2250

Re: Turning 65, and choosing not to take Medicare Part B

I have fairly comprehensive health coverage in retirement; which I plan to keep. And I will not collect social security till 70 years of age. I am turning 65 in 3 months and am considering not signing up for Medicare Part B. Are their others here who have chosen to not sign up for Medicare Part B? ...
by ResearchMed
Fri Oct 20, 2017 12:11 pm
Forum: Investing - Theory, News & General
Topic: 401k "only" up 13.5% YTD
Replies: 26
Views: 2515

Re: 401k "only" up 13.5% YTD

But you can't expect to do the same as the "best asset class" every year. (Even if you tried, you'd need your magical powers to be in the "best asset class" every year.) We keep noticing the same thing... but then I need to remind myself that we slice and dice, so there will always be some "winners...
by ResearchMed
Fri Oct 20, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: 401k "only" up 13.5% YTD
Replies: 26
Views: 2515

Re: 401k "only" up 13.5% YTD

Thanks for the replies... The Target Fund has roughly this allocation: Total Market Stock - 48% Total International Stock - 31% Bonds - 21% My allocation is: Large Cap 48% Mid Cap 13% Small Cap 7% International Stock 10% Bonds 22% I think that International stock is the difference maker as I mentio...
by ResearchMed
Fri Oct 20, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Questions
Replies: 13
Views: 875

Re: TIAA Questions

Your "TIAA Access Equity Index Fund T1" is not a mutual fund, it's a variable annuity. So, similar to CREF Equity Index except with a lower ER. No, it has no ticker. If you like total markets better, use that instead of the 500 index variable annuity. The Russell 3000 is a perfectly reasonable tota...
by ResearchMed
Thu Oct 19, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Finally a win for teachers!! [403(b) modified to add funds]
Replies: 33
Views: 2807

Re: Finally a win for teachers!!

That is great story. I know FL teachers retirement benefits have been somewhat under attack in recent years. At least now if you have to save for retirement on your own you have some good choices. And YOU made that happen. The fact that nobody really cared just shows how financially illiterate most...
by ResearchMed
Thu Oct 19, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: building contractor has no license
Replies: 15
Views: 1250

Re: illegally working buiding contractor

I just wondering anyone has this kind of experiences; i trusted this guy whatever he said. My contractor is working patio cover and garage door and window and door replacement and something is not right so i was suspicious and found out he lied and has no license, any insurance and no bonded. the w...
by ResearchMed
Wed Oct 18, 2017 10:28 pm
Forum: Personal Consumer Issues
Topic: 1st Time Cruise - Princess and wifi
Replies: 21
Views: 1540

Re: 1st Time Cruise - Princess and wifi

When you are move than a few miles from port both phone and wifi need to go by satellite. Think $, or maybe $$$ or $$$$$. It's a vacation. Lose the phone and the email. Agree with all of the above. We did one cruise during a minor family emergency when we did login fairly regularly, but otherwise n...