Search found 152 matches

by RetiredAL
Tue Nov 06, 2018 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: TIRA Transfer Fiasco
Replies: 11
Views: 807

Re: TIRA Transfer Fiasco

Last year in a transfer to DW's tIRA at Schwab of a small $ amount, the Roth account number was inadvertently put on the paperwork instead of the tIRA's. The account numbers were the same up to the last 2 digits - one ended in 58, the other was 85. This was noticed 2 days later. A single call to Sch...
by RetiredAL
Tue Nov 06, 2018 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Can't Create SS Account - Security Questions Mismatch
Replies: 13
Views: 1317

Re: Can't Create SS Account - Security Questions Mismatch

PennyWise, If they are using the Credit Bureaus for validation, those bureaus can suffer from all kinds of data maladies. Ever since my elderly Dad made me the trustee of his trust, Experian and Equifax won't allow me to access my credit report on-line stating they can't validate my address. Seems l...
by RetiredAL
Sun Oct 28, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Another Fidelity Rollover question
Replies: 9
Views: 672

Re: Another Fidelity Rollover question

I am about to rollover my 401k from a previous employer (which is with Fidelity) to a Fidelity IRA. It's a significant amount (mid 6 figures), so just wanted to run this by this knowledgeable group to make sure I'm not missing anything.... - I realize I will lose the option to do backdoor Roth cont...
by RetiredAL
Fri Oct 26, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Why Does Social Security Want a Form L564 From My Wife?
Replies: 16
Views: 1651

Re: Why Does Social Security Want a Form L564 From My Wife?

L564 is a standard form to prove that one was covered by a Health Plan ( anyone's ) from the time they turned 65 until until they filed for medicare. I had to fill that out because I did not apply for Part A or Part B when first eligible at 65, but did so when I turn retired at age 66. Take the form...
by RetiredAL
Fri Oct 26, 2018 7:01 pm
Forum: Personal Consumer Issues
Topic: How to debug slow wifi?
Replies: 27
Views: 1819

Re: How to debug slow wifi?

Using your cell phone, go out and find an App called Wifi Analyzer. I know it's at the Google Store for Android devices. Or any another App that lets you look what signals is on which channel. Using this App, make sure your Wifi signal is not being walked on by your neighbor's signal or something el...
by RetiredAL
Fri Oct 26, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion math - taxes paid from IRA
Replies: 7
Views: 695

Re: Roth Conversion math - taxes paid from IRA

Last December, I converted some IRA dollars, all pre-tax, to my Roth, paying for the taxes from those proceeds as a with-holding. Fidelity would not do this on-line stating I needed to call in to do it. The Rep said this was so they could make sure I knew how this was going to be taxed, asking how m...
by RetiredAL
Thu Oct 25, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9228

Re: In retirement, when do you stop withdrawing from stocks in a downturn?

I almost did not respond, as I hate to sound critical. This makes a strong point for the bucket method, I have heard to use three buckets but in retirement, maybe 4 or 5 are better. I for one believe in having 6 - 9 months Emergency Fund..... +1 for the bucket approach. I am retired and withdrawing...
by RetiredAL
Wed Oct 24, 2018 4:15 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 656
Views: 96491

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

^^^ You're right, thanks. I missed the ".ca" in the link and have corrected my post. The US link is here: Recall Information for Safety & Defects | Honda Owners Site I entered the VIN for my own '12 CR-V, all OK. LadyG - Since your CRV does not have the Turbo Charged engine, it's likely to have a m...
by RetiredAL
Wed Oct 24, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 656
Views: 96491

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

From what I can find (still not 100% sure), this CRV has a 172F thermostat. If that's the case, that's amazingly low operating temperature. You are forgetting about the electric fans which kick on at a much higher temp. Also, just a point of information. Oil takes much longer to get up to temperatu...
by RetiredAL
Wed Oct 24, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: 911 calls from different area
Replies: 28
Views: 2462

Re: 911 calls from different area

Most ( all? ) localities have a real local phone number that you can call to get their 911 dispatchers. You can generally find those numbers at the city/county website. A "911 number" search on google should also get these numbers. Living here in Ca, many cellphone placed 911 calls get routed to the...
by RetiredAL
Sun Oct 21, 2018 8:15 pm
Forum: Personal Consumer Issues
Topic: Do I need to buy laptop software?
Replies: 32
Views: 2674

Re: Do I need laptop software?

... had to buy Microsoft Office (Word, Excel, PP) and think it's too old for a new laptop. Office 2007 or later will run on Win10. So if you have the CD for Office 2007 or later, just install it and then Windows will update it. Do note that LibreOffice is an excellent alternate. I use that on my dr...
by RetiredAL
Sun Oct 21, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Stealing ID using only name and SSN
Replies: 16
Views: 1348

Re: Stealing ID using only name and SSN

As an offshoot of this...... I recently had to re-establish a logon ID ( more than just a password reset ) with a Credit Union. After only a few of normally expect questions, they said they needed to send a confirmation code that I would need enter on logon. I gave the person my Cell Number, which w...
by RetiredAL
Sun Oct 21, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 656
Views: 96491

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Last night was the first night of below freezing temps here and the CRV was parked outside. This morning temps in low 30s. I fired it up and began driving and noticed that the temp gauge didn't budge for a longer time than I expected and not particularly warm air coming out of the vents with temp s...
by RetiredAL
Sat Oct 20, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Put more than 20% down on a house?
Replies: 33
Views: 3593

Re: Put more than 20% down on a house?

29% is an odd number for a down-payment, so I suspect that is the point of consuming all of your savings. The fallacy of of consuming all your savings to do that, is you are now 1 lost pay check, or one unexpected major expense away from disaster. I'd opt for the lower down-payment keeping the diffe...
by RetiredAL
Thu Oct 18, 2018 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Retired applying for credit cards
Replies: 22
Views: 2106

Re: Retired applying for credit cards

DaSid Just a few years ago, my then 90 year old Dad and I walked into his local Wells Fargo Bank, with whom we both have checking and savings, to open a new joint Visa Card account with them. The whole process only took 5 or so minutes and his income was given verbally and they were happy with that....
by RetiredAL
Thu Oct 18, 2018 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: rollover or transfer from Fidelity 401k?
Replies: 14
Views: 953

Re: rollover or transfer from Fidelity 401k?

Very good points here. So I opened both regular and ROTH IRA's at Fidelity and plan to transition these 401k's into the IRA's first, before moving to Vanguard. One thing I'm curious to get your opinion on: the Fidelity rep said that many of the sponsored plans' funds will no longer be available if ...
by RetiredAL
Mon Oct 15, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: Warning: avoid Windows 10 update 1803
Replies: 117
Views: 13826

Re: Warning: avoid Windows 10 update 1803

Win10 build 1803 installed fine for me this AM ( Oct 15 ) on my main desktop, a home built system running an Asus H170 motherboard. The nice thing with using the "PRO" version of the software, is that one can specify how far out to do the feature updates. I chose months to allow all significant the ...
by RetiredAL
Fri Oct 12, 2018 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: rollover or transfer from Fidelity 401k?
Replies: 14
Views: 953

Re: rollover or transfer from Fidelity 401k?

OP, Before you move anything, talk with Fidelity about rolling those over to Roth's and tIRA's as "rollovers" within Fido as the first step. They (Fido) can cleanly split the post-tax $ from the pre-tax $. Doing that from within Fidelity minimizes nasty conversion errors when 2 dissimilar systems at...
by RetiredAL
Wed Sep 26, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: First-time victim of credit card fraud
Replies: 48
Views: 3956

Re: First-time victim of credit card fraud

Just a few weeks ago, both my and my DW USAA VISA cards were both compromised on the same weekend day by less than $1 charges made in Brazil. Each card has it's own number and they are not sequential, being about 40 apart. My card had not been used in 6 months, DW uses her's every month. To me, it's...
by RetiredAL
Sat Sep 22, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: Backing up Windows 10
Replies: 5
Views: 612

Re: Backing up Windows 10

I backup/clone my Win 10 system disk using Clonezilla. Normally I do it to an external storage, but you can do it directly to another disk. Most of my data storage ( pictures ) is not on my system disk, which speeds up the image process. I backup my data separately. An important step with Win 10 for...
by RetiredAL
Thu Sep 06, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: How do you handle Healthcare costs in retirement
Replies: 31
Views: 2677

Re: How do you handle Healthcare costs in retirement

I retired at age 66 two years ago, so DW and I went from my work insurance straight to regular medicare with supplement insurance plus part D insurance. The yearly cost for both of us on medicare was basically the same as the work insurance's monthly contributions, the yearly deductibles, and drug c...
by RetiredAL
Tue Sep 04, 2018 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Grandparent UTMA - questions
Replies: 18
Views: 923

Re: Grandparent UTMA - questions

I am the custodian to my Grandson's account. I provide the filled out IRS tax forms and all supporting documents to my daughter who signs and submits.

This account is gain harvested to minimize future tax surprises.

Daughter understands the goals/process and is listed as the successor custodian.
by RetiredAL
Tue Sep 04, 2018 11:10 am
Forum: Investing - Theory, News & General
Topic: Roth conversion with future RMD and SS
Replies: 28
Views: 2539

Re: Roth conversion with future RMD and SS

OP.....
If married, understand what your tax rate with RMD will be when one of you becomes the single survivor.
by RetiredAL
Tue Aug 21, 2018 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: 401K rollover time allowed
Replies: 13
Views: 849

Re: 401K rollover time allowed

Thank you fr sharing your experience. My guess is moving to Vanguard would be easiest since the index funds we are in are with Vanguard. And thanks for the reminder to check dividends date. It not whose funds your hold, it's who is the Administrator of your plan. If Vanguard is a the Admin, then by...
by RetiredAL
Tue Aug 21, 2018 5:51 pm
Forum: Personal Consumer Issues
Topic: Maui in 2 days - August 23- cancel trip?
Replies: 12
Views: 1740

Re: Maui in 2 days - August 23- cancel trip?

Rex, as MrBB said, watch your airline status. They will not fly into an expected dangerous weather event. If the airline cancels, then your trip insurance should be honored. But don't decide based on the Cable News Channels. Sensationalism controls air time. Often, their term is "might". Use officia...
by RetiredAL
Mon Aug 20, 2018 8:20 pm
Forum: Personal Consumer Issues
Topic: My son was scammed on Craigslist- how to get money back
Replies: 46
Views: 7677

Re: My son was scammed on Craigslist- how to get money back

Look on the bright side, he could have wired $400k https://www.nbcbayarea.com/news/local/Experts-Virtually-All-CA-Real-Estate-Transactions-Targeted-By-Hackers-487165181.html Ten years of sacrifice and dreams of home ownership gone in a flash. That is quite a punch to the gut. That is a sobering art...
by RetiredAL
Mon Aug 20, 2018 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Recently Retired – Request Help to Simplify Portfolio, Advice on Roth Conversions, and Taking SS
Replies: 15
Views: 1760

Re: Recently Retired – Request Help to Simplify Portfolio, Advice on Roth Conversions, and Taking SS

LovelyDay wrote:
Sun Aug 19, 2018 5:04 pm

State of Residence: CA
Marcy,
My understanding is that in California, there is no appreciable protection to $ held within any kind of IRA in either a Bankruptcy or Liability judgement, whereas money within a 401K is protected by Federal Law.
by RetiredAL
Mon Aug 20, 2018 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Recently Retired – Request Help to Simplify Portfolio, Advice on Roth Conversions, and Taking SS
Replies: 15
Views: 1760

Re: Recently Retired – Request Help to Simplify Portfolio, Advice on Roth Conversions, and Taking SS

There are post-tax contributions in his 401k.

Marcy
[/quote]

If his 401K plan allows for a partial roll-over of only the Post-Tax $ to his Roth, consider doing it so simplify cost tracking later.
by RetiredAL
Mon Aug 20, 2018 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Retirees: Timing your withdrawals
Replies: 40
Views: 3827

Re: Retirees: Timing your withdrawals

.... My account is with Fidelity; and I have it set up so that withdrawal is on the 20th of the month, from my bond fund. Each month Fidelity automatically sells the requisite number of bond shares about 2-3 days before the 20th. Weekends, holidays, etc., can cause slight variation occasionally; an...
by RetiredAL
Mon Aug 20, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: 401K rollover time allowed
Replies: 13
Views: 849

Re: 401K rollover time allowed

Wife and I plan to move her 401K this year as follows: Vanguard Index Funds to Vanguard, Schwab, or Fidelity. Uncertain who we will use Company stock (in kind) to a brokerage account How much time should we allow for this to complete. If we want it to occur in 2018 tax year....how much time should ...
by RetiredAL
Sat Aug 18, 2018 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Move Rollover IRA to 401k or vice versa
Replies: 4
Views: 241

Re: Move Rollover IRA to 401k or vice versa

One risk with the 401k is that the employer can change the 401k administration company, costs, and the expenses charged at anytime. I worked at a company where they did this and it went from having some great choices to be with a 401k company that was a lot worse. ........ Is what Watty wrote reall...
by RetiredAL
Tue Aug 14, 2018 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on first RMD withdrawal
Replies: 2
Views: 640

Re: Taxes on first RMD withdrawal

If this was I, I'd cancel the Company's convoluted RMD transaction, roll the entire amount into the Fidelity IRA, then either take or start the RMD. Fidelity is all set up to with-hold tax from any IRA withdrawal, RMD or otherwise, and will do so either by schedule or on demand. I personally withdr...
by RetiredAL
Wed Aug 08, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Kiddie Tax 2018 - Who must file
Replies: 15
Views: 1445

Re: Kiddie Tax 2018 - Who must file

I have no clue but can Google “kiddie tax 2018”. https://www.marketwatch.com/story/the-kiddie-tax-is-getting-easier-and-maybe-cheaper-under-the-new-tax-law-2018-05-24 How much income triggers a separate tax return? It depends on the type of income. • A child with only earned income (generally just ...
by RetiredAL
Sat Aug 04, 2018 5:40 pm
Forum: Investing - Theory, News & General
Topic: Matter/scatter, part 7: Bonds during the financial crisis
Replies: 8
Views: 1164

Re: Matter/scatter, part 7: Bonds during the financial crisis

So nisiprius what are your thoughts on the following strategy: 1. For those that are >5 years away from retirement: Continue investing in corporate bonds. Even if they fall they will recover in the next 5 years. 2. For retired people and those nearing retirement keep bonds worth 1 to 2 years of exp...
by RetiredAL
Sat Aug 04, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Durable Power of Attorney: Implementation Report
Replies: 54
Views: 4005

Re: Durable Power of Attorney: Implementation Report

This seems to to me to be one more confirmation that when dealing with Financial Institutions, it is best to use their POA forms so that some remote lawyer does not get an uncomfortable wad trying to decide about a pre-existing general POA. I recently updated our Fidelity POA's due to adding new acc...
by RetiredAL
Sat Jul 28, 2018 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion questions
Replies: 17
Views: 1650

Re: Roth conversion questions

OP, Don't forget when estimating for the future, that when either of you dies, the survivor's tax rate for the RMD will be as single, which is a much higher %. I have been converting to the top of the 12% bracket for MFJ. When we reach RMD age in 2 years, and if single has happened, then 75% of thos...
by RetiredAL
Fri Jul 27, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: About authorized user on spouse's credit card
Replies: 6
Views: 494

Re: About authorized user on spouse's credit card

As to billing, one statement segregated by card#/user. For Online, master can see transactions for both cards, authorized user can only see their transactions. If you want access to everything, she has to file POA paperwork for you to also manage the account, as there seems to be no "joint" designat...
by RetiredAL
Wed Jul 25, 2018 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and order of deaths
Replies: 49
Views: 3088

Re: Inheritance and order of deaths

First, I am not a lawyer, however based my layman's understanding having worked with both my Dad's and my lawyers, you are correct. For me, my Dad's, along with mine and DW's, have set Per Stirpes as the final designation. DW and I have a Trust, each is the co-owner and Trustee. At the next level do...
by RetiredAL
Sat Jul 21, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Pension Lump Sum: Short-term bonds?
Replies: 37
Views: 2185

Re: Pension Lump Sum: Short-term bonds?

Diver4242 -- Here's what I did when I retired 2 years ago at 66. I took my pension as a lump sump, instead of a work sponsored annuity. I chose to fully invest those $ with fairly simple 55/45 equity/bond portfolio, with part of the bonds $ being in ST Treasuries, which is also the withdrawal fund. ...
by RetiredAL
Fri Jul 20, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: How Unclaimed Property Laws Can Affect Retirees
Replies: 36
Views: 3471

Re: How Unclaimed Property Laws Can Affect Retirees

Just a few months ago, my Dad got a warning msg related to his saving account saying the account had be suspended when he logged into Wells Fargo to check his balances/transactions. I called WFB, I'm listed as co-owner, and was told because there was no activity for 18 months, it was flagged as aba...
by RetiredAL
Thu Jul 19, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: How Unclaimed Property Laws Can Affect Retirees
Replies: 36
Views: 3471

Re: How Unclaimed Property Laws Can Affect Retirees

This state's action should be concerning to all. Many investment account are stagnate for one reason or another. Stagnate does no equate to abandoned. Just a few months ago, my Dad got a warning msg related to his saving account saying the account had be suspended when he logged into Wells Fargo to ...
by RetiredAL
Thu Jul 12, 2018 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing non-technocrat spouse $ Mgmt
Replies: 25
Views: 2460

Re: Preparing non-technocrat spouse $ Mgmt

Thanks to all who have commented. Many good thoughts, several of which may force me to change my stance to achieve the needed balance. Good soul searching food that I need to digest. I am not quite convinced my wife would be comfortable managing the portfolio even If I switched all retirement accou...
by RetiredAL
Wed Jul 11, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing non-technocrat spouse $ Mgmt
Replies: 25
Views: 2460

Re: Preparing non-technocrat spouse $ Mgmt

JoeRetire wrote:
Wed Jul 11, 2018 7:33 pm

I also periodically review our complete financial position with my wife. While I usually see her eyes glaze over, it gives me some comfort to know she will never be surprised.
Every 6 months or so, I too go over where everything is. I can relate to the "glazed over" eyes.

Tnx
by RetiredAL
Wed Jul 11, 2018 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing non-technocrat spouse $ Mgmt
Replies: 25
Views: 2460

Preparing non-technocrat spouse $ Mgmt

In a reply post a little while ago, I lamented about my non-technocrat DW. I am financially astute, she is not. However I am concerned about her after my passing, to being able manage our financial affairs. My DW is not a "LadyGeek" technocrat. She hates computers in general because often they work ...
by RetiredAL
Wed Jul 11, 2018 5:34 pm
Forum: Investing - Theory, News & General
Topic: Disappointed with Fidelity's Online Interface
Replies: 19
Views: 1826

Re: Disappointed with Fidelity's Online Interface

I partially concur about item #1, the history download. However, I have to asked what are you saving the history for? You can't go back to Fido 2 years later and challenge an item for correctness, as your window of opportunity has closed. It seems to me Item #2 is set that way so that your can aggre...
by RetiredAL
Tue Jul 10, 2018 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: What's up with Wells Fargo
Replies: 27
Views: 3166

Re: What's up with Wells Fargo

IMO, the Big Ox ( WF ) is just being too stupid to get out of their own way. They flagged my Dad's saving account with a similar notice 4 or 5 month's back even though he checks his accounts online weekly, passes $7,000 a month thru his checking account, $2000 a month thru his Visa Card, and has a l...
by RetiredAL
Tue Jul 10, 2018 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring soon.....401K vs rollover to IRA?
Replies: 28
Views: 3418

Re: Retiring soon.....401K vs rollover to IRA?

Those 401K closing steps prevented my IRA withdrawals from have a 1% basis cost assigned that would need to be tracked forever. What does this mean? Why would you have otherwise had a 1% basis cost assigned? About 1% ( $10,000 ) of my 401K balance at retirement was post tax $. If the entire 401K ha...
by RetiredAL
Tue Jul 10, 2018 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: 28/F looking for some financial advice
Replies: 22
Views: 2743

Re: 28/F looking for some financial advice

.. .. I have about $40,000 in vested employer stock. I am vesting another $35,000 in employer stock later this month. That will bring my vested shares to about $75,000 depending on market fluctuation. .. .. Questions: 1. Should I hold onto my company stock or sell it? .. .. Do not hold any signific...
by RetiredAL
Mon Jul 09, 2018 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring soon.....401K vs rollover to IRA?
Replies: 28
Views: 3418

Re: Retiring soon.....401K vs rollover to IRA?

I'm retiring soon. Decided to keep about one-half in 401K, and roll remainder to Vanguard IRA. Vanguard advantage - extremely wide choice of ultra low-cost funds. 401(k) advantage - availability of stable value option May roll more to VG as time goes on. If you have any post-tax in your 401K upon r...
by RetiredAL
Thu Jun 28, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: Spam purportedly from Contact List
Replies: 5
Views: 744

Re: Spam purportedly from Contact List

That can also happen from an email with multiple addressees if BCC is not used instead of CC. Showing recipients' addresses to each other is poor practice. I totally concur. Always use the BCC address field when sending any kind of group E-mails, that way none of the of the addresses show. A group ...