Search found 348 matches

by InMyDreams
Fri Sep 21, 2018 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Attorney Says Putting tIRA in a Revocable Trust is "Complicated" - True?
Replies: 38
Views: 1958

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

I'm not the OP, but the intent when I named my trust as beneficiary was to have the trust hold the retirement accounts until my parent was deceased. Then distribute everything. The original estate attorney I consulted said to name the trust. I questioned it, because I thought I had heard that retire...
by InMyDreams
Fri Sep 21, 2018 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Trustee for sixty something sister
Replies: 13
Views: 917

Re: Trustee for sixty something sister

What are the options for the second successor Trustee should you resign? Or for what ever reason, is unable to perform the Trustee duties. At least one member at BH worked in a Trust department - hope that person can lend an opinion. You might take a peek at Beyond the Grave . But he was dealing wi...
by InMyDreams
Fri Sep 21, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Trustee for sixty something sister
Replies: 13
Views: 917

Re: Trustee for sixty something sister

Late night television commercials tell me that they'll buy annuities - deeply discounted, of course. But if she's determined to have what she wants without thinking of the consequences, she might go for it. If you do remain the trustee, perhaps telling her that if she is too demanding, you will hand...
by InMyDreams
Fri Sep 21, 2018 6:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - You'll need to sign up for security codes soon
Replies: 140
Views: 17811

Re: Vaguard - You'll need to sign up for security codes soon

bloom2708 wrote:
Tue Jun 12, 2018 3:07 pm

I use the "Remember my device" option.
So, is it remembering the device or the IP?

My nonagenarian parent would have difficulties handling a call with every login, and he's using a residential WiFi that has access for too many people.
by InMyDreams
Tue Sep 18, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: When did you decide to move from your home to senior living?
Replies: 15
Views: 2816

Re: When did you decide to move from your home to senior living?

Sorry if this represents topic creep, but...........Assuming that you have decently priced LTCI, how does that mesh with a CCRC? In other words, if you've paid up front for a CCRC will you essentially collect little or nothing from your LTCI policy if you later require assisted living within the CC...
by InMyDreams
Tue Sep 18, 2018 8:48 pm
Forum: Personal Consumer Issues
Topic: When did you decide to move from your home to senior living?
Replies: 15
Views: 2816

Re: When did you decide to move from your home to senior living?

One of my biggest concerns is waiting too late to make this decision as I fear many do. My parents moved near me, to a condo, in their mid-eighties. To my relief, they did NOT go with the two-story condo that first caught their eye (no bedroom and only half-bath on the first floor). They had it tog...
by InMyDreams
Tue Sep 18, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Facing Retirement at year end
Replies: 22
Views: 2628

Re: Facing Retirement at year end

Watty wrote:
Tue Sep 18, 2018 12:15 pm
Your combined SS will be $49,000 which is just about enough to coveer your expected expenses. :beer
Yes, but when only one is surviving, can s/he make ends meet without the other's SS?

Also, your pension may have some protection against the pension fund's failure, thru PBGC.
by InMyDreams
Tue Sep 18, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Facing Retirement at year end
Replies: 22
Views: 2628

Re: Facing Retirement at year end

number crunching with firecalc or cfiresim could be useful https://www.bogleheads.org/wiki/Retirement_calculators_and_spending If you do have taxable income in 2019, using an HSA could be useful to reduce your AGI while building an asset. In 2019, strategize building your after-tax monies to reduce ...
by InMyDreams
Thu Sep 13, 2018 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: [TIAA: Can initial payout rate go down?]
Replies: 5
Views: 276

Re: [TIAA: Can initial payout rate go down?]

InMyDreams wrote:
Wed Sep 12, 2018 11:33 pm
[Moved into a stand-alone thread from: TIAA: Help with Payout Options --admin LadyGeek]
Thanks, LadyGeek - and thanks for all that you do here at BH
by InMyDreams
Thu Sep 13, 2018 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: [TIAA: Can initial payout rate go down?]
Replies: 5
Views: 276

Re: [TIAA: Can initial payout rate go down?]

ugh. So, when you signed the contract to annuitize, did it tell you how low the monthly payout could go?
by InMyDreams
Thu Sep 13, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: [TIAA: Can initial payout rate go down?]
Replies: 5
Views: 276

Re: TIAA: Help with Payout Options

InMyDreams, yogibearbull answered your question with a quotation from TIAA on the second page of the TIAA forum thread that you linked in your post. Briefly, since 1995 there have been only increases, but decreases are possible and have occurred. TIAA Traditional is what is called a participating a...
by InMyDreams
Thu Sep 13, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Fiancee
Replies: 108
Views: 9938

Re: Massive Student Loan Debt - Fiancee

We were a team from day 1 of dating. Oftentimes, couples have premarital counseling? Has it helped define common goals and ideals? There is also couple's financial counseling - Dave Ramsey recommends it "Situation: You’re getting married next month. Need: Marriage Counselor AND Financial Coach Ever...
by InMyDreams
Wed Sep 12, 2018 11:47 pm
Forum: Personal Consumer Issues
Topic: Picking a Charity
Replies: 69
Views: 2700

Re: Picking a Charity

I don't know if there's another charity that's won a Nobel Peace Prize? https://www.doctorswithoutborders.org/who-we-are/history/nobel-peace-prize And anyone who lives in the area where Florence hits will need help. Still a lot of clean up to do from Maria. But - what are your interests? Concerns? S...
by InMyDreams
Wed Sep 12, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: [TIAA: Can initial payout rate go down?]
Replies: 5
Views: 276

[TIAA: Can initial payout rate go down?]

[Moved into a stand-alone thread from: TIAA: Help with Payout Options --admin LadyGeek] I'd hope this isn't too off topic? But can someone talk about the payout rate once annuitized? I've held some TIAA trad (401(a)/pension account) for a long time. I'm moving towards annuitizing it. The estimator ...
by InMyDreams
Wed Sep 12, 2018 3:26 pm
Forum: Personal Consumer Issues
Topic: 1 year old birthday
Replies: 42
Views: 1869

Re: 1 year old birthday

If you haven't just decided to make this family/cake/minimalist: Our county recreation centers often have a party room, where birthday parties or other events are held. Kids can then go swimming before or after. I'm sure there's a fee, but it's possible to de-emphasize eating, and choose your own fo...
by InMyDreams
Tue Sep 11, 2018 10:40 am
Forum: Personal Consumer Issues
Topic: Remodel for aging in place
Replies: 44
Views: 3037

Re: Remodel for aging in place

... moving to an "aging in place" home will be a priority. This. As hard as it is to move from a place you know and have feelings for, it gets even harder later. The body will be that much older (and less able to do the work the move requires), and once in the new place, there's still the problem o...
by InMyDreams
Mon Sep 10, 2018 9:00 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 284
Views: 39733

Re: Roll Call for the Retirement Class of 2018!

InMyDreams wrote:
Thu Aug 02, 2018 9:02 pm
I've been toying with 2018 vs first qtr 2019.

I think 2018 is winning...
Still working out the details, but aiming to go extremely part-time mid-January.
by InMyDreams
Mon Sep 10, 2018 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Helping Parents with Retirement
Replies: 34
Views: 3950

Re: Helping Parents with Retirement

what they have for Part B / D Medicare coverage. Hopefully they also have either a Medigap policy or are enrolled in a MedAdvantage program. I've run into people who think they don't need Medigap, that Medicare parts A & B are sufficient. But no Medigap or no MedAdvantage leaves you vulnerable to p...
by InMyDreams
Sun Sep 09, 2018 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: I think my father has a gambling problem
Replies: 78
Views: 6680

Re: I think my father has a gambling problem

If he's mentally sharp, he should learn how to WIN. It's not that hard to have an edge over casinos. You need some specialized knowledge and lots of discipline. I took statistics from a professor who was rumored to be banned from playing blackjack at LV casinos (card counting). I learned a lot abou...
by InMyDreams
Sun Sep 09, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Low pay and low stress jobs with health benefit
Replies: 41
Views: 5572

Re: Low pay and low stress jobs with health benefit

haven't done it, but do contemplate it. I knew someone pre-Great Recession that said that Home Depot had good part-time benefits, and was a good work situation. Earlier this year I spotted a job working for the county that I live in: a clerk working every other week, in an office that keeps property...
by InMyDreams
Sat Sep 08, 2018 10:58 pm
Forum: Personal Consumer Issues
Topic: I like my TechEase progressives. How can I replace them?
Replies: 4
Views: 592

Re: I like my TechEase progressives. How can I replace them?

not sure it's what you want, but Costco does offer "computer" lenses, designed to have "distant" vision at a close distance (like a computer), then progressives down to your reading distance.

But of course - you'd need a current prescription.
by InMyDreams
Fri Sep 07, 2018 5:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: Salt Lake City Bogleheads
Replies: 57
Views: 9448

Re: Salt Lake City Bogleheads

I'm not in charge (and actually I'm not sure who is), but that's not the location in the email being circulated for the group. I don't know if I'm even allowed to post the location on the internet, but it's at a private business in South Jordan. If your friends are interested have them email me at ...
by InMyDreams
Fri Sep 07, 2018 4:18 pm
Forum: Local Chapters and Bogleheads Community
Topic: Salt Lake City Bogleheads
Replies: 57
Views: 9448

Re: Salt Lake City Bogleheads

Here?
8:30am
Draper Kneaders
177 13800 S, Draper, UT 84020

WCI - what topic? Just in case I have interested friends.
by InMyDreams
Thu Sep 06, 2018 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Fee only Financial planners
Replies: 31
Views: 2604

Re: Fee only Financial planners

I have an advice-only/fee-only CFP. I'm glad I consulted her. Her model: 1st hour consult/get acquainted - free. Initial overview, looking at the broad picture (asset allocation and financial to-dos, plus general FP stuff: will? trust? HC-dPOA? so-on). She reviewed the funds available to me in the t...
by InMyDreams
Tue Aug 28, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: How to repel wild dogs?
Replies: 65
Views: 5350

Re: How to repel wild dogs?

Not sure what OC is? I found a trip to the county's travel clinic very useful. I'm sure they can answer your questions about rabies vaccination - I think they'll suggest doing it. I watched this video a while ago. Can't remember their detailed instructions - which may tell you how useful it is - and...
by InMyDreams
Mon Aug 27, 2018 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)
Replies: 74
Views: 7471

Re: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)

An additional clarification: My sister is currently living independently, with no reliance on Medicaid funding. Have you looked at the cost of long-term memory care? Or any long term/nursing care. It can eat thru lots of dollars. End-of-life nursing care is a common reason to wind up on Medicaid. A...
by InMyDreams
Mon Aug 27, 2018 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)
Replies: 74
Views: 7471

Re: How to Pass on Money Against My Sister's Wishes (Ethics and Finance)

t she ever has a personal need for it (health care, personal care, etc.). ... To complicate matters, my sister's thinking is clouded by the onset of dementia. Use it for her care. Hope that it's gone about the same time she is, so there's nothing left to distribute. I think Medicaid would require i...
by InMyDreams
Mon Aug 27, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Can't handle being in debt (mentally)
Replies: 34
Views: 3584

Re: Can't handle being in debt (mentally)

So, OP has not responded to suggestions for taking out a different loan at lower interest rate, or (similarly) moving it to a new credit card for lesser rates. Makes me think that the friend is not eligible for these possibilities. If the friend is consistently living beyond means (consistent with t...
by InMyDreams
Sun Aug 26, 2018 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Can't handle being in debt (mentally)
Replies: 34
Views: 3584

Re: Can't handle being in debt (mentally)

No 401k to borrow from?
by InMyDreams
Sun Aug 26, 2018 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Can't handle being in debt (mentally)
Replies: 34
Views: 3584

Re: Can't handle being in debt (mentally)

It's a personal decision, but a lifetime of tax free growth is going to eclipse 12 months of declining balance credit card interest. Watch out for penalties, even if no taxes are due: Returns of your regular contributions from your Roth IRA(s) are always withdrawn tax and penalty-free.[6] Eligible ...
by InMyDreams
Sun Aug 26, 2018 4:10 pm
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4123

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

How do you define “full insurance policy”? So, it's interesting to look at the items that are specifically mentioned in the first plan (which I think is ACA compliant) that are not mentioned in the second, such as Home Health Care Rehab (not just drug rehab, but OT/PT) Skilled Nursing Care (in a fa...
by InMyDreams
Sat Aug 25, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4123

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

Interesting, I thought Trump had changed the regulation to allow it, but I don't find anything on a quick search indicating that it has proceeded. Apparently this article knows that you can't: "There are no changes to this law for 2018. The current administration has said that they may want to chang...
by InMyDreams
Sat Aug 25, 2018 11:13 am
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4123

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

and if you are buying an out-of-state policy, then I think you get to dispute any problems in the insurer's state's insurance and legal system.

Struggling with payment/reimbursement problems is bad enough, but doing it when you are ill is terrible.
by InMyDreams
Thu Aug 23, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4123

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

David Jay wrote:
Thu Aug 23, 2018 8:35 pm
I talked to a human being today who was very knowledgeable - and she is a local contact.
Did she compare and contrast the benefits in the ACA policy to the short term HI? The specific benefits that I asked about, too?
by InMyDreams
Thu Aug 23, 2018 8:46 pm
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4123

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

Do you need to retire? REALLY? Oh. Sorry - not the way I intended it! What I'm trying to say: you've indicated you might continue to do "consulting" for your existing employer. Instead of consulting, could it be very part time work that would allow you to use the ACA clause allowing you to buy heal...
by InMyDreams
Thu Aug 23, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Edward Jones rep door knocking
Replies: 90
Views: 8699

Re: Edward Jones rep door knocking

They ALL told me things like... "he's my friend, and he takes good care of me", or "he doesn't charge much and makes up for it by getting better returns". My friend, about her Ameriprise advisor, says she trusts him. I don't think I really got an answer about how he gets remunerated for his work.
by InMyDreams
Thu Aug 23, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4123

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

Do you need to retire? Can you stay on as a part time employee? There is a less-well-known clause in the ACA that says that an employee that has worked an average of 30hrs/week in the previous Measurement Period, must be allowed to continue to buy health insurance as tho they were still a benefited ...
by InMyDreams
Thu Aug 23, 2018 3:04 pm
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4123

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

somehow I managed to skip entering any details, and downloaded what I believe is details of a ACA compliant plan, and a comparable non-ACA plan, each documents' title: mypriority-silver-3200-spectrum-health-partners-sbc.pdf mypriority-silver-3200-sbc.pdf So, it's interesting to look at the items tha...
by InMyDreams
Thu Aug 23, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: Have a 50K hospital bill reason - too much insurance
Replies: 16
Views: 2383

Re: Have a 50K hospital bill reason - too much insurance

Contact your state's Insurance Commissioner's office. You might tell WI first that you are about to do this. Make sure you are speaking with someone at a higher level, or they will be clueless. And then call the Commissioner's office! RM ^this. I've had a medigap insurance straighten up and fly rig...
by InMyDreams
Thu Aug 23, 2018 2:40 pm
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4123

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

The policy I am looking at has a $2M cap and a 2500 deductible per spouse. I am only concerned about not being bankrupted by a major illness or injury, not looking for first dollar coverage so this is a good fit. Cost is about $300 a month. By comparison, a "Bronze" plan with a $6000 deductible (ea...
by InMyDreams
Wed Aug 22, 2018 6:13 pm
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4123

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

...the short term plans for another 18 months might not be bad . As others have said, just read the fine print. hmm, I didn't mean to give that impression. To be blunt - I do think it's a bad choice. I thought that other posts also had the same underlying tone ( do you feel lucky?) , but they need ...
by InMyDreams
Wed Aug 22, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4123

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

BTW - HC insurance post FIRE is a frequent topic of conversation on MrMoneyMustache.com. You might want to look at their site, as well. These peeps are usually on ACA, but concerned about its demise. Solutions include moving to a state that offers guaranteed issue or moving to a country with afforda...
by InMyDreams
Wed Aug 22, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4123

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

I need a "Major Medical" (as they used to be called) policy to protect against a catastrophic illness for 3 years. Just make sure that what you consider "Major Medical" is what the policy says. I've mentioned on another thread (which might be good for you to read if you haven't already) - a man who...
by InMyDreams
Wed Aug 22, 2018 12:24 am
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4123

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

Stepping outside the ACA means going back to the buyer-beware days. Check your policy carefully for the coverage required by the ACA https://familiesusa.org/blog/10-essential-health-benefits-insurance-plans-must-cover Lifetime maximum benefits? Please check to be sure that outpatient treatments and ...
by InMyDreams
Tue Aug 21, 2018 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Looking to provide free personal finance advice
Replies: 11
Views: 1493

Re: Looking to provide free personal finance advice

I've heard of various savings programs but I'm not finding anything when I search for that. I did come up with this group, which doesn't seem to provide direct hands-on opportunities, but maybe they know an organization that does: "The National Endowment for Financial Education (NEFE) is the leading...
by InMyDreams
Mon Aug 20, 2018 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Retire and become an Adventure Guide
Replies: 34
Views: 2776

Re: Retire and become an Adventure Guide

I run a billion dollar company with 2,000 employees. Even then, I'm not sure I qualify :) Hmmm, probably a lotta people skills. Have you thought about an interest interview? Take a trip and quiz a guide, watch them closely, imagine yourself doing it? Really, rafting down the Grand Canyon is an amaz...
by InMyDreams
Mon Aug 20, 2018 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Retire and become an Adventure Guide
Replies: 34
Views: 2776

Re: Retire and become an Adventure Guide

I know pay stinks (think just above minimum wage) but I really am intrigued with the idea. I don't mind being away for weeks at a time and I since I will be essentially FIRE, Guides on the Colorado going thru the Grand Canyon make good money (partly with salary, a lot from Tips) - but they are very...
by InMyDreams
Mon Aug 20, 2018 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 109
Views: 11915

Re: Is a million really the benchmark for retirement

Also note that they don't really retire retire, they still work, like part time, or whatever they want, they just don't call it work. So some choose to work forever til hey die, You don't know my neighbor. Says she will consider going back to work for healthcare insurance if the ACA falls apart. Ot...
by InMyDreams
Mon Aug 20, 2018 6:07 pm
Forum: Personal Consumer Issues
Topic: No advance notice to employer
Replies: 42
Views: 3983

Re: No advance notice to employer

Are you in an at-will employment state, working for an at-will employer? It's a two way street, but I wouldn't want to push it to that extreme, personally
https://en.wikipedia.org/wiki/At-will_employment
by InMyDreams
Sun Aug 19, 2018 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: PCP Wants Full Charge Up Front [Primary Care Physician]
Replies: 108
Views: 6584

Re: PCP Wants Full Charge Up Front [Primary Care Physician]

Assuming that this is a participating provider, ask your insurance company what its contract with the provider specifies.

In years gone by, the insurance company told me that only a co-payment is due at time of service, and that I shouldn't pay anything more until the EOB arrived.