Search found 6376 matches

by ResearchMed
Sun Jun 24, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Out Retirement Account vs Rollover to IRA
Replies: 26
Views: 1117

Re: Cash Out Retirement Account vs Rollover to IRA

Life happens. Things don't always turn out as expected. I'd feel very differently about this if OP was already finished, and had a signed contract and was about to start that new, high-paying job. That would be quite different. I continue to be worried that there seem to have been many financial mis...
by ResearchMed
Sun Jun 24, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 78
Views: 4472

Re: When did you start flying business class?

Is buying coach and upgrading with points really better than using points for the full business class tickets? I thought one had to get the expensive economy tickets to be able to upgrade...? And is seating availability easier/harder to upgrade than to use points for the full price. (Realize you do...
by ResearchMed
Sun Jun 24, 2018 12:11 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 78
Views: 4472

Re: When did you start flying business class?

Our experience is on United for points/miles upgrades. No, you do NOT need to buy a full fare economy ticket to upgrade. We recently went to Spain (economy tix was $450/ea) and used points/miles to upgrade. Based on the fare code paid, there are varying amounts of points/dollars needed. Here is Uni...
by ResearchMed
Sun Jun 24, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 78
Views: 4472

Re: When did you start flying business class?

I started flying business class internationally a few years ago, but now I'm back flying coach again even for really long international trips. I've found out that it's a HUGE lifestyle creep even if I'm taking just a few trips every year. Except for the lie-flat seat, there is no real value in busi...
by ResearchMed
Sun Jun 24, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 78
Views: 4472

Re: When did you start flying business class?

6 years ago when my spouse hit a major career milestone, that was our family "treat" to celebrate on a flight to Europe. I was able to find tickets for $2,300/ea. We told the kids (2 of them) that this was a special occasion and we got it on sale. Since then, I have become more attuned to biz class...
by ResearchMed
Sun Jun 24, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Cash Out Retirement Account vs Rollover to IRA
Replies: 26
Views: 1117

Re: Cash Out Retirement Account vs Rollover to IRA

Yikes, so many different ideas. Thanks for the replies so far. I understand where those who say I'm not responsible for my siblings are coming from. If they were both C students I would not even think twice about telling them to look elsewhere. But given my own unlikely educational success, I could...
by ResearchMed
Sun Jun 24, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 78
Views: 4472

Re: When did you start flying business class?

High 6-figures is more than $666,000 a year to me, so with only $12K monthly expenses, I'd say go for first class. I thought the same thing. If someone is making >$500,000 and complaining about $24,000 in airfare -- especially when they said they hate flying coach -- they need a bit of a reality-ch...
by ResearchMed
Sat Jun 23, 2018 10:43 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 78
Views: 4472

Re: When did you start flying business class?

For cross country domestic flights we purchase three seats for the two of us. This makes a big difference for reasonable (to me) cost. On one of our recent trips, two business/first class tickets were less expensive and included luggage. That was our first time and does make you want to repeat. My ...
by ResearchMed
Sat Jun 23, 2018 10:14 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 129
Views: 7416

Re: gray hair

DH has the most remarkable full head of silvery hair...
... and he finally really enjoys it.

I would love to have hair like his, but apparently that is not to be :(

RM
by ResearchMed
Sat Jun 23, 2018 10:06 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 78
Views: 4472

Re: When did you start flying business class?

I flew from Oakland to Toronto to Istanbul to Goreme, Turkey in a 36 hr whirlwind in economy 5 years ago. Then I learned about credit card churning and manufactured spending. We now almost never pay for flights (usually in J or F class) or hotel stays when traveling for fun. So I guess I started fl...
by ResearchMed
Sat Jun 23, 2018 9:51 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 78
Views: 4472

Re: When did you start flying business class?

For a short time we flew sales to Europe in business class but then economy fares started hitting $300-400 per person, round trip. I can also often find routings with some better than average coach seats like row 45 on Lufthansa's 747-8. There are also some relatively frequent $2,000-2500 RT flight...
by ResearchMed
Sat Jun 23, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Out Retirement Account vs Rollover to IRA
Replies: 26
Views: 1117

Re: Cash Out Retirement Account vs Rollover to IRA

Sorry, I'm still in the same position...only thing that has changed is that before I was in the middle of residency, finishing up and looking to start in NYC. Now I'm actually finished and in the process of moving to NYC at the end of summer. With the housing thing, I got a great place for about $1...
by ResearchMed
Sat Jun 23, 2018 6:37 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 78
Views: 4472

Re: When did you start flying business class?

Business class seems very anti-Boglehead "Boglehead" doesn't mean " not spending money you do have, for something that is of value to you, just because others wouldn't make the same choice " (or because others don't have the means to do so, regardless of whether they would). One can be saving and s...
by ResearchMed
Sat Jun 23, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Relief From Pain provision in Advance Care Directive
Replies: 10
Views: 627

Re: Relief From Pain provision in Advance Care Directive

It would be logical to expect that the current feeding frenzy on curtailing opioid use would run its course before affecting advance directives when there might be less than a 1% chance of survival. However, if I was drafting one today, I would be tempted to somewhat strengthen the wording regardin...
by ResearchMed
Sat Jun 23, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Out Retirement Account vs Rollover to IRA
Replies: 26
Views: 1117

Re: Cash Out Retirement Account vs Rollover to IRA

Hi, I'm in a sticky situation. I'm a surgeon who just finished residency. My employee retirement account has accumulated about $50K in my time as a resident. I have one more year of training to do elsewhere and I have been given the option of cashing out the $50K at 30% penalty/tax for a lump sum o...
by ResearchMed
Sat Jun 23, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: [USA-FL] Selling a joint deed/mortgaged property when one person wants out?
Replies: 11
Views: 508

Re: [USA-FL] Selling a joint deed/mortgaged property when one person wants out?

So, I am considering the possibility of chipping in some money with my step dad to buy a home. The mortgage will be under both of our names since we would co-sign on it. Not that we need to, since I could probably just take out the mortgage myself but so that each of us would have an equal stake an...
by ResearchMed
Sat Jun 23, 2018 6:03 pm
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 78
Views: 4472

Re: When did you start flying business class?

To BHs who regularly fly business class, when did you start? Was it after you reached a certain age? Reached a certain net worth? Was it worth it, in your opinion? My wife and I are in our early 40s. We will be travel to Asia soon. My MIL gently suggested flying biz class. I just couldn’t justify p...
by ResearchMed
Sat Jun 23, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Relief From Pain provision in Advance Care Directive
Replies: 10
Views: 627

Re: Relief From Pain provision in Advance Care Directive

Kudos for taking the step of creating an advanced directive for medical care. Few people do, and this puts a burden on their loved ones who have to make very difficult decisions, arguments and long-term animosity when there is disagreement, and potential regret that they made the wrong decision. I ...
by ResearchMed
Sat Jun 23, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Sibling wants to share house sale proceeds - best way to avoid gift taxes?
Replies: 14
Views: 924

Re: Sibling wants to share house sale proceeds - best way to avoid gift taxes?

If you aren't expected to be gifted 11.2 mill, you will owe no federal gift tax at all and the giver won't either so it isn't an issue. As you said it just needs to be disclosed. For example, if you give your brother $50,000 this year, you’ll use up your $15,000 annual exclusion. The bad news is th...
by ResearchMed
Sat Jun 23, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Sibling wants to share house sale proceeds - best way to avoid gift taxes?
Replies: 14
Views: 924

Re: Sibling wants to share house sale proceeds - best way to avoid gift taxes?

I would keep it simple - for many reasons. Just do $15k each year until it reaches $50l for each. While gifts could be made to spouses or could be from spouse to speed up the process - I would leave the spouses out of it - again keep it simple. If I understand correctly, the "donor" is already a ma...
by ResearchMed
Sat Jun 23, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: [USA-FL] Selling a joint deed/mortgaged property when one person wants out?
Replies: 11
Views: 508

Re: [USA-FL] Selling a joint deed/mortgaged property when one person wants out?

So, I am considering the possibility of chipping in some money with my step dad to buy a home. The mortgage will be under both of our names since we would co-sign on it. Not that we need to, since I could probably just take out the mortgage myself but so that each of us would have an equal stake an...
by ResearchMed
Sat Jun 23, 2018 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Sibling wants to share house sale proceeds - best way to avoid gift taxes?
Replies: 14
Views: 924

Re: Sibling wants to share house sale proceeds - best way to avoid gift taxes?

When dad and mom passed away, their house was inherited by one of my sisters (this was not an an issue in the family, it is a long story but we all agreed and were happy for her to have the house). Many years later, sister has gotten married, and she and brother-in-law are selling this house. They ...
by ResearchMed
Sat Jun 23, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: Anyone use “baskets”at fidelity?
Replies: 10
Views: 1160

Re: Anyone use “baskets”at fidelity?

Fidelity has this thing where you can group a bunch of individual stocks into a basket and trade them as a unit. ... https://www.fidelity.com/webcontent/ap002390-mlo-content/18.02/help/learn_basket_trading.shtml ... Anybody use this? I’m thinking about doing this for Reits as discussed in this thre...
by ResearchMed
Sat Jun 23, 2018 10:05 am
Forum: Personal Consumer Issues
Topic: Jaguar F-Pace SUV ?
Replies: 9
Views: 944

Re: Jaguar F-Pace SUV ?

My neighbor has one of these. Fit and finish is noticeably inferior to my Porsche Macan Turbo. The Macan (2.0) and Macan S (3.0) should be cross-shopped if the F-Pace is being considered. Yeah, we were not particularly impressed with the general "appearance" of the interior (didn't spend much time ...
by ResearchMed
Sat Jun 23, 2018 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Primecap investing
Replies: 2
Views: 448

Re: Primecap investing

As we all know, investing in Vanguard’s Primecap fund is closed to new investors except for those in the Flagship category. While I am a strong believer in indexing, I occasionally like to take “hobby” positions in other funds. Has anyone at the Flagship level ever actually tried to buy these funds...
by ResearchMed
Fri Jun 22, 2018 10:58 pm
Forum: Personal Consumer Issues
Topic: Jaguar F-Pace SUV ?
Replies: 9
Views: 944

Jaguar F-Pace SUV ?

've been a Volvo owner for many decades, and now own a 2004 XC90 and a newer XC60 that we purchased as a one year old CPO - and we love the car. (The new XC90's are terrific, but... big...) DH has had one Volvo (2002 S80) before getting the XC60. We had noticed the ads for the Jag F-Pace, their SUV,...
by ResearchMed
Fri Jun 22, 2018 9:36 pm
Forum: Personal Consumer Issues
Topic: Boglehead guilt with buying a car - Volvo vs Toyota Highlander
Replies: 62
Views: 3288

Re: Boglehead guilt with buying a car - Volvo vs Toyota Highlander

Thanks for all the comments on here. I test drove the Highlander, XC90 T6 Momentum and Subaru Ascend (today). The Ascend is fantastic but currently no incentives from either Subaru or the dealer as it is so hot right now. Will try out Acura MDX tomorrow like someone suggested on here - though I sus...
by ResearchMed
Fri Jun 22, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: This is ridiculously expensive LTCi, right? Or maybe not?
Replies: 63
Views: 2781

Re: This is ridiculously expensive LTCi, right? Or maybe not?

Lifetime benefits with 4% increase per year, with no premium payments after 10 years? Sounds like a bargain, as LTCi policies go. This is very good and helpful to know. The beneficiaries are her heirs, since such a policy saves her from having to spend her assets in the event that she needs long-te...
by ResearchMed
Fri Jun 22, 2018 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: This is ridiculously expensive LTCi, right? Or maybe not?
Replies: 63
Views: 2781

Re: This is ridiculously expensive LTCi, right? Or maybe not?

My mom's LTCi premiums for the past 6 years have been a little over $17,000/year. Premium just increased to a little over $22,000/year. She has paid 6 years of LTCi premiums, on a 10 year payment plan. So 4 more years of premiums to pay, then no more premiums. She has a current monthly benefit of $...
by ResearchMed
Fri Jun 22, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Can I break up a 401k->401k rollover into multiple transactions?
Replies: 9
Views: 499

Re: Can I break up a 401k->401k rollover into multiple transactions?

Situation: * I just changed jobs. * Old job 401k is at TransAmerica. I have ~$350k in that plan. Investment options are decent (Ive got VINIX, etc) but account fees wont be subsidized anymore. * New job 401k is at Schwab, even better fund selection and lower fees. (oh and better match and after tax...
by ResearchMed
Fri Jun 22, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: State tax on 401k contributions - what happens if you move?
Replies: 15
Views: 736

Re: State tax on 401k contributions - what happens if you move?

As long as you separate all ties with NJ before you start withdrawing, you're good; no state income tax. Sell all your property, register to vote and driver's license in FL, cars licensed in FL, receive your mail and change your account address. In short, do everything you normally do when you move...
by ResearchMed
Thu Jun 21, 2018 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about RMD and insurance.
Replies: 11
Views: 1006

Re: Questions about RMD and insurance.

The other question is about insurance. She's already signed up for Medicare. She's still getting coverage through our employer now. When she retires, she will have the option to continue purchasing the same insurance through our university, at the full university cost (rather than the subsidized co...
by ResearchMed
Thu Jun 21, 2018 2:19 pm
Forum: Personal Consumer Issues
Topic: Marriott hotels using Alexa/Echo in guest rooms?
Replies: 34
Views: 2909

Re: Marriott hotels using Alexa/Echo in guest rooms?

I have an Alexa at home and would welcome one in my hotel room. If you are worried about an Alexa conspiracy or afraid of new fangled devices, I suggest unplugging it. Wasn't it an Alexa that recorded and sent out to the web a private conversation in someone's home? Some newfangled device. It doesn...
by ResearchMed
Thu Jun 21, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: What will (or would) you tip when wages go up?
Replies: 53
Views: 3286

Re: What will (or would) you tip when wages go up?

wait a minute, some restaurants are adding a service fee and they keep 100% of it? Why would you dine there? Where we have seen this, and in more than one place, is actually room service at hotels. I'm not sure if we've seen it at free-standing restaurants, but I wouldn't be surprised. Some (room s...
by ResearchMed
Thu Jun 21, 2018 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about RMD and insurance.
Replies: 11
Views: 1006

Re: Questions about RMD and insurance.

It is possible for a plan to require ALL employees to start RMDs at 70.5, but very few do. A 403b plan is even less likely to require all employees to start RMDs at 70.5 because by definition a 403b does not have any 5% owners which requires plans to identify who is a 5% owner using the family attr...
by ResearchMed
Thu Jun 21, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: What will (or would) you tip when wages go up?
Replies: 53
Views: 3286

Re: What will (or would) you tip when wages go up?

Not sure what a "service fee" is. Many restaurants now have a small area at the bottom of the check with several suggested tip levels - say 15%, $17%, 20% and 22% and the respective dollar amounts. Makes it easier to figure out. And places that use ipads or other portable devices have "suggested" t...
by ResearchMed
Thu Jun 21, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: Article on hotel booking sites - no bargains
Replies: 38
Views: 3715

Re: Article on hotel booking sites - no bargains

Worked at a hotel for 3-4 years. Call the hotel. Call back and get a different associate if you're not getting anywhere. Unless it's a big event in town, they have a big incentive to make money on the room rather than let it sit vacant. They probably pay the housekeeper $3.50 per room (at 2 rooms a...
by ResearchMed
Thu Jun 21, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Questions about RMD and insurance.
Replies: 11
Views: 1006

Re: Questions about RMD and insurance.

You don't have to take RMDs from an employer-sponsored retirement plan (401k or 403b) if you are still working for the employer who sponsors the plan. I'll let others answer the Medicare question. I thought the Employer calls the shots on this. Some allow one to continue to defer RMD's, but others ...
by ResearchMed
Wed Jun 20, 2018 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 45
Views: 3222

Re: How much of your taxable holdings is capital gains?

The value of holdings in a taxable account is dependent to some degree on the amount of unrealized capital gains. Similarly, having a capital loss carryover balance on your last return is an asset that will reduce your taxes in the future. I think some awareness of these would inform any discussion...
by ResearchMed
Tue Jun 19, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: Jewelry Insurance Coverage
Replies: 4
Views: 528

Re: Jewelry Insurance Coverage

What are opinions on jewelry insurance coverage? We currently have significant pieces covered by a rider on our homeowners policy. I recently learned about inland marine policies for covering jewelry and am curious the practical pros and cons between these two options. You'll have to tell us the *t...
by ResearchMed
Tue Jun 19, 2018 6:42 am
Forum: Personal Consumer Issues
Topic: Marriott hotels using Alexa/Echo in guest rooms?
Replies: 34
Views: 2909

Marriott hotels using Alexa/Echo in guest rooms?

Uh oh... https://www.cnbc.com/2018/06/19/amazons-alexa-will-now-be-your-butler-at-marriott-hotels.html Does this mean there will be a device front and center that could be listening all the time? (In my non-expert opinion, it has to be "listening all the time", or how would it know if "the right com...
by ResearchMed
Tue Jun 19, 2018 6:06 am
Forum: Personal Finance (Not Investing)
Topic: Do you think it is smart to disclose that you have passive investments to other people?
Replies: 43
Views: 4166

Re: Do you think it is smart to disclose that you have passive investments to other people?

Let's say that you are a private practice lawyer, doctor, or some other sole proprietor with clients and that you own passive real estate rentals or other relatively passive cash-flowing businesses. Is it smart for you to disclose this to your clients when you are too busy to be as available for th...
by ResearchMed
Tue Jun 19, 2018 6:00 am
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9765

Re: Messy Divorce -- Forensic Accounting Help....

<deleted original post by OP> Please be careful and don't put "too much" private information here. Online forums CAN be "searched" if she gets aggressive - or if her attorneys do. Wording/meaning can be twisted or mis-interpreted, etc. And again, Good Luck! Things may not appear "better" for some t...
by ResearchMed
Mon Jun 18, 2018 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9765

Re: Messy Divorce -- Forensic Accounting Help....

Hi OP, So sorry this is happening to you. I can't even imagine. I hope you have the contact info for a good attorney. Sounds like you will need one. I'm not an accountant by any means, but I have a few thoughts: 1) The IRS does allow a yearly, tax-free gift of around $14,000 per year currently. I a...
by ResearchMed
Mon Jun 18, 2018 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9765

Re: Messy Divorce -- Forensic Accounting Help....

Hi all, long time poster here incognito . Don't let you imagination run....I have less than 4,000 posts. My temporary handle is 'I Never' as in "I Never Imagined My Wife Would Do That'! Getting into a very messy divorce, serial adultery (on her part) for two decades, at least 5 different 'other men...
by ResearchMed
Mon Jun 18, 2018 7:33 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1115
Views: 270027

Re: Best watch for around $5,000?

I always like these threads. Most berate, belittle and otherwise consider anyone with a watch more than a basic Timex an idiot and into material things at the sacrifice of experiences. And they never pass on the opportunity in any thread where a watch more than $35 is mentioned. Blah, blah, blah......
by ResearchMed
Mon Jun 18, 2018 6:31 pm
Forum: Personal Consumer Issues
Topic: Article on hotel booking sites - no bargains
Replies: 38
Views: 3715

Re: Article on hotel booking sites - no bargains

Came across this article which shows the majority of booking sites are all owned by two companies and how hotels are penalized if they offer bargains outside these arrangements. Thoughts on getting hotel deals? https://www.checkbook.org/washington-area/hotel-deals/articles/The-Disappearing-Hotel-Ba...
by ResearchMed
Mon Jun 18, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: [Flawed?] Paying off mortgage in 5 years
Replies: 39
Views: 3368

Re: Using HELOC to pay off mortgage in 7 years?

This is a long known scam where you pay someone to teach you this idea which played on the average persons inability to do basic math and their ignorance about how a mortgage and helix works. No it is not a good idea..... I'm still scratching my head about why this is even supposed to work!? Unless...
by ResearchMed
Mon Jun 18, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: [Flawed?] Paying off mortgage in 5 years
Replies: 39
Views: 3368

Re: Using HELOC to pay off mortgage in 7 years?

This is a long known scam where you pay someone to teach you this idea which played on the average persons inability to do basic math and their ignorance about how a mortgage and helix works. No it is not a good idea..... I'm still scratching my head about why this is even supposed to work!? Unless...
by ResearchMed
Mon Jun 18, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 89
Views: 6644

Re: can we afford to spend $20K on travel annually

$200,000 for 10 years of vacations is too much, even on your salary. An exotic trip to Africa, Australia, the Far East here and there is fine, but not as a routine. Definitely do enjoy life and travel if you desire. Also, extrapolating to other aspects of your life, make sure you don't have to spen...