Search found 133 matches

by RetiredAL
Sat Sep 22, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: Backing up Windows 10
Replies: 5
Views: 559

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: 2591

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: 879

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: 2481

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: 825

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: 1712

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: 7597

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: 1732

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: 1732

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: 3712

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: 825

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: 228

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: 635

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: 1401

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: 1124

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: 3845

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: 1591

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: 469

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: 3047

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: 2108

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: 3373

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: 3373

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: 2379

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: 2379

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: 2379

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: 1759

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: 3077

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: 3260

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: 2686

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: 3260

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: 722

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 ...
by RetiredAL
Fri Jun 22, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: Buy new truck before retiring?
Replies: 53
Views: 3175

Re: Buy new truck before retiring?

Hello RetiredAl, His 2015 2500 HD is a gas powered pickup with a 6 speed so it has the 6L90 transmission. The newer 2018 with the 5.3 comes stock with that same trans (6 speed 6L90) but offers an optional 8 speed which the OP will not get with his specs. The 2500 is more than 1,000#'s heavier than ...
by RetiredAL
Fri Jun 22, 2018 2:06 pm
Forum: Personal Consumer Issues
Topic: Need new Cable Modem + Router - Please recommend
Replies: 39
Views: 2670

Re: Need new Cable Modem + Router - Please recommend

So Small Law, I've been doing this and work and home for years and year. Read and learn, its not all that hard to do with today's appliance type hardware. I would love to do all these things, but at age 67 I'm not sure I have enough years left :( SLS - You, and most others, don't need to worry abou...
by RetiredAL
Thu Jun 21, 2018 9:55 pm
Forum: Personal Consumer Issues
Topic: Anyone use a WiFi enhancement product?
Replies: 14
Views: 1310

Re: Anyone use a WiFi enhancement product?

A Wifi extender that is only single band will be slower, as the extender node has to deal with the same traffic 2x, thus your thru-put is cut in half. You have two choices: Either you cable wire two wireless units to your router, or you have to buy a mesh type system that uses both bands - if you ar...
by RetiredAL
Thu Jun 21, 2018 9:37 pm
Forum: Personal Consumer Issues
Topic: Need new Cable Modem + Router - Please recommend
Replies: 39
Views: 2670

Re: Need new Cable Modem + Router - Please recommend

Where did all of you go to learn networking/WiFi technology to this extent? I don't think the "average" person knows all this stuff. I was a Ham Radio Operator in High School, which had an Electronics Program. In High School, I was know as "Woody Rheostat", the term NERD has not been created yet. I...
by RetiredAL
Thu Jun 21, 2018 8:22 pm
Forum: Personal Consumer Issues
Topic: Buy new truck before retiring?
Replies: 53
Views: 3175

Re: Buy new truck before retiring?

Jwfail...... I believe his is key: "We plan to make several multi-state trips next year, ie: Oregon, Montana, Arizona." So you have a HD truck that made to haul big-ass loads around and you want to swap it to a lighter duty truck. The lighter duty truck has smaller transmission, smaller physical eng...
by RetiredAL
Mon Jun 11, 2018 2:48 pm
Forum: Personal Consumer Issues
Topic: Question on applying for SS benefits
Replies: 16
Views: 1676

Re: Question on applying for SS benefits

Both I and DW filed for SS online, she filing one year after me. When she applied, they did call and talk to both of us, but nothing had to be sent in. I assume they already had enough in their records to confirm our marriage. DW got spousal benefits since that was higher than her benefit. We had ma...
by RetiredAL
Tue Jun 05, 2018 8:18 pm
Forum: Personal Consumer Issues
Topic: New AC Unit broken or "feezing". HVAC company says it's my fault for "running it too hard". What can I do?
Replies: 55
Views: 5525

Re: New AC Unit broken or "feezing". HVAC company says it's my fault for "running it too hard". What can I do?

They are lying to you to avoid a warranty claim. There is no such thing as "running it too hard." In an ideal world, A/C systems are sized so that they run 100% of the time. Running continuously causes less wear and tear than cycling. A frozen evaporator coil indicates one of three things: 1) low r...
by RetiredAL
Sat Jun 02, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab.com login trouble?
Replies: 21
Views: 3411

Re: Schwab.com login trouble?

System maintenance. They've posted this as a banner for the last several days.
by RetiredAL
Thu May 17, 2018 12:33 am
Forum: Personal Consumer Issues
Topic: DIY AC freon for car or professional fill up
Replies: 15
Views: 1713

Re: DIY AC freon for car or professional fill up

Update I went to a local small shop that I always go for inspection sticker. They inspected and found no leak So I asked "if there is no leak so howcome freon is low?" He said " it is the coil inside the car that always leak alittle bit no leak in the front. That can not be fixed. He had this devic...
by RetiredAL
Tue May 15, 2018 6:11 pm
Forum: Personal Consumer Issues
Topic: DIY AC freon for car or professional fill up
Replies: 15
Views: 1713

Re: DIY AC freon for car or professional fill up

First find a black light and look around for dye on the hose connections, compressor, condensor, etc. I'm not sure how a shop can say the Freon "is full to the top" since there is no visible gage on most systems as far as I know. Also there shouldn't be any "valve behind the dash board" unless it i...
by RetiredAL
Mon May 14, 2018 10:47 pm
Forum: Personal Consumer Issues
Topic: Seeing a rocket launch in FL
Replies: 15
Views: 1641

Re: Seeing a rocket launch in FL

Around 15 years ago, we stayed at a hotel a mile or two south of Port Canaveral before a cruise. The Air Force Station launched a GPS rocket while we were there. We were in the back of the hotel complex. It looked like that launch was made from the front lawn of the hotel. DW and I were amazed by th...
by RetiredAL
Mon May 14, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Military Retirement Direct Depost hijacked?
Replies: 15
Views: 2222

Re: Military Retirement Direct Depost hijacked?

Update: My Dad did call VA Benefits this morning and I can confirm that his Direct Deposit was was being hijacked - the new Routing and Account numbers were not his. Since this was mid month, no actual $ was involved. They spent extra time confirming he was the real owner and now his account is now ...
by RetiredAL
Mon May 14, 2018 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Military Retirement Direct Depost hijacked?
Replies: 15
Views: 2222

Re: Military Retirement Direct Depost hijacked?

Nate79 -- Yes, the phone number matches the VA's listed benefits number. The backside of the letter lists all kinds of mail contact points, which also check out. This is an actual letter, not an email. It's not asking to validate anything. It just states there was a change made to the Direct Deposit...
by RetiredAL
Sun May 13, 2018 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Military Retirement Direct Depost hijacked?
Replies: 15
Views: 2222

Re: Military Retirement Direct Depost hijacked?

Thanks all. I'm not looking for suggestions at this point. The post was made many as a PSA. Livesoft - Let hope its something as simple as that, but he's been with the same often talked about Mega bank for 40+ years and the account number has not changed within the last 15 years, or has the bank cha...
by RetiredAL
Sun May 13, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Military Retirement Direct Depost hijacked?
Replies: 15
Views: 2222

Military Retirement Direct Depost hijacked?

Heads up to retired military people -- While at my elderly Dad's yesterday, a letter came from the Dept of Veteran Affairs stating that his Direct Deposit Information had been changed. The letter was dated 5/4, and arrived 5/11. At this point, we consider this to likely be a hijacking, as he did not...
by RetiredAL
Fri May 11, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Paying Roth conversion taxes with IRA funds
Replies: 7
Views: 737

Re: Paying Roth conversion taxes with IRA funds

Don't know if this would be a factor for OP, but if there is a spouse involved there might be an added reason to convert earlier. Surviving spouse likely will be forced into a higher bracket when RMDs are being withdrawn from TIRA. +1 to Looking4Answers post. In my case, when either I or DW die, th...
by RetiredAL
Wed May 09, 2018 2:01 pm
Forum: Investing - Theory, News & General
Topic: ETF's vs. Mutual Funds in Market Panics
Replies: 21
Views: 1916

Re: ETF's vs. Mutual Funds in Market Panics

Risk in ETF's was dramatically illustrated in the so-called "flash crash" on May 6, 2010. The Dow fell almost 800 points in 25 minutes. The Wall Street Journal reported that while the Dow lost 9.2% of its value at its worst, many ETF shares lost almost all their value, some dropping to pennies per ...
by RetiredAL
Wed May 09, 2018 1:09 pm
Forum: Personal Consumer Issues
Topic: Rental Cars:National, Budget, Alamo or Thrifty
Replies: 33
Views: 1867

Re: Rental Cars:National, Budget, Alamo or Thrifty

I generally rent from Avis and have found this tip will generally save me money. Having made the initial reservation many weeks to months out, I always about 10-14 days ahead of the rental check via "change reservation" to see if the rate has dropped, which it usually has, even though I'm staying wi...