Search found 52 matches

by Zonian59
Wed Dec 05, 2018 1:23 am
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 57
Views: 6686

Re: Empty nester downsizing - any advice?

Interesting suggestions ranging from downsizing to a smaller house to renting apartment to buying a large RV and nomading. A friend of mine retired a couple years ago and did something a little different as far as what he downsided to. Of course, first thing he did was serious decluttering. That was...
by Zonian59
Fri Nov 16, 2018 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Wait, do I need a prenup?
Replies: 63
Views: 6807

Re: Wait, do I need a prenup?

For Cali, here is the law: "CHAPTER 2. Separate Property [770 - 772] ( Chapter 2 enacted by Stats. 1992, Ch. 162, Sec. 10. ) (b) A married person may, without the consent of the person’s spouse, convey the person’s separate property." https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml...
by Zonian59
Thu Nov 15, 2018 2:48 am
Forum: Personal Finance (Not Investing)
Topic: Wait, do I need a prenup?
Replies: 63
Views: 6807

Re: Wait, do I need a prenup?

For Cali, here is the law: "CHAPTER 2. Separate Property [770 - 772] ( Chapter 2 enacted by Stats. 1992, Ch. 162, Sec. 10. ) (b) A married person may, without the consent of the person’s spouse, convey the person’s separate property." https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml...
by Zonian59
Wed Nov 14, 2018 7:02 pm
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 4469

Re: Does Early Retirement Make You Live Longer?

I've seen that Boeing retirement/longetivity table. I believe it was generated by McDonnell Douglas in the 1980s or thereabouts and pertains to McDonnell Douglas employees. Aerospace is a stressful industry. I've heard lots of anectdotal stories of people in aerospace dying from heart attacks and ot...
by Zonian59
Wed Oct 24, 2018 3:57 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolio is crashing...
Replies: 36
Views: 3956

Re: Schwab Intelligent Portfolio is crashing...

After much research, a lot on this board, I decided to leave EDJ and roll my money into Scwab, this was in April 2018. After speaking with one of their reps, I decided to go with the Intelligent Advisory, solution. They also setup a brokerage account for me with about 15% of my assets. I had a tota...
by Zonian59
Tue Oct 23, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: For those who paid off house - how did you do it?
Replies: 97
Views: 7733

Re: For those who paid off house - how did you do it?

by mptfan 1) Don't buy too much house. 2) Don't pay for space that you will hardly ever use, like "great rooms" or "bonus rooms" or extra bedrooms 3) Do not determine how much house you can afford based on how much a lender is willing to "approve" a mortgage 4) Do not get a mortgage longer than 15 ...
by Zonian59
Sat Oct 20, 2018 2:08 am
Forum: Personal Finance (Not Investing)
Topic: Inflating AGI to avoid paying back ACA Premium Tax Credit
Replies: 42
Views: 3897

Re: Inflating AGI to avoid paying back ACA Premium Tax Credit

I'm inflating AGI for a different reason. At this time, and for the past two years after I was laid off, my actual income from interest and dividends entitles me to Medi-Cal benefits, which I DID NOT want to accept as it would be put me in a lower quality level of health insurance benefit, i.e., Bro...
by Zonian59
Tue Oct 16, 2018 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Kids not interested in money / allowance
Replies: 50
Views: 5080

Re: Kids not interested in money / allowance

None of them has any interest in money. Each of them has a weekly allowance of $5. 99% of the time they do not ask for it, and even if my wife/I encourage them to take it they don’t. Sounds like nice kids. OP doesn't say whether the allowance is tied to chores (or did I miss that?). It was instille...
by Zonian59
Tue Oct 16, 2018 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Kids not interested in money / allowance
Replies: 50
Views: 5080

Re: Kids not interested in money / allowance

None of them has any interest in money. Each of them has a weekly allowance of $5. 99% of the time they do not ask for it, and even if my wife/I encourage them to take it they don’t. Sounds like nice kids. OP doesn't say whether the allowance is tied to chores (or did I miss that?). It was instille...
by Zonian59
Tue Oct 16, 2018 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Relocation to California
Replies: 49
Views: 4286

Re: Relocation to California

Unread post by jeffreyalan » Mon Oct 15, 2018 11:29 am My wife recently met her biological family who lives in the San Fernando Valley. In order for her to be closer to them and get to know them, we are thinking of relocating from Dallas to that area of California in about a year. My wife works fro...
by Zonian59
Sun Oct 14, 2018 1:36 am
Forum: Personal Finance (Not Investing)
Topic: Company Pension: Single Life Annuity vs Accelerated Income option
Replies: 3
Views: 415

Company Pension: Single Life Annuity vs Accelerated Income option

After I was laid off from my former employer, I am eligible take a company pension at anytime until full retirement age of 65. I intend to take a single life annuity pension next year when I turn 60. I am single so there's no spouse or beneficiary to designated. There is the option of taking an acce...
by Zonian59
Sun Oct 14, 2018 12:08 am
Forum: Personal Consumer Issues
Topic: Anyone here major in Economics in college?
Replies: 68
Views: 4027

Re: Anyone here major in Economics in college?

My undergraduate college roommate was an Econ major. After graduation, he went into the USAF and wound up as a GIB (Guy in Back....Air Force technical slang for "Electronic Warfare Officer") of an F-15 Strike Eagle during the Gulf War. Last I heard, he was a technical writer at an aerospace company....
by Zonian59
Sat Oct 13, 2018 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Performance Earnings for Schwab Intelligent Portfolios or Intelligent Advisor
Replies: 2
Views: 514

Re: Performance Earnings for Schwab Intelligent Portfolios or Intelligent Advisor

I'm curious too about the performance of the Intelligent Portfolio compared to the 3-Fund Portfolio advocated here.

How did the Intelligent Portfolio perform in turns of percent change during the recent market decline and how well did it respond when the market bounced back?

Thanks
by Zonian59
Mon Oct 08, 2018 9:55 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 318
Views: 21669

Re: Talk me out of buying a Tesla Model 3

Gee, I thought the Bogleheads were frugal and practical.
Telsa's always impressed me as more hype and extravagant.
If you want an EV, how about a Toyota Prius Plug-In or Nissan Leaf or Chevy Volt? :)
by Zonian59
Mon Oct 08, 2018 2:03 am
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 75
Views: 9251

Re: 20 countries where 200K in retirement savings will last you decades

Those articles are all interesting, but I often wonder whether the authors of such articles actually lived in those countries. It may be nice that your assets can last longer there than in the U.S., but can you (especially when you are in your 50s and older) live comfortably in a third world country...
by Zonian59
Thu Sep 27, 2018 12:05 am
Forum: Personal Consumer Issues
Topic: Anyone ever tired of managing hair and consider shaving to go bald
Replies: 59
Views: 4436

Re: Anyone ever tired of managing hair and consider shaving to go bald

Had a coworker who was going bald who did just that; shaved his head. Then he grew a full beard just to prove he could still grow hair on his head. I have the same problem and I tried shaving my head but head looked incomplete so I grew a beard. Beard turned out to be more gray than hair on head. Ma...
by Zonian59
Fri Sep 21, 2018 4:47 am
Forum: Personal Consumer Issues
Topic: Dental work and hypertension issue
Replies: 42
Views: 3533

Re: Dental work and hypertension issue

by mouses » Thu Sep 20, 2018 3:36 am OP, this may be even more expensive, but instead of grinding down healthy adjacent teeth for a bridge, you might consider implants. Also, I wonder if you could get an evaluation as to recommended work despite the blood pressure. Yes, I had been thinking about im...
by Zonian59
Thu Sep 20, 2018 1:24 am
Forum: Personal Consumer Issues
Topic: Landscaping costs?
Replies: 15
Views: 2290

Re: Landscaping costs?

I've been thinking about redoing my front and backyard too. I've gotten them to the point where it is barren. Need grass, shrubs, plants, some small trees and some sprinkler rework. I noticed some community colleges or universities offer landscaping programs. Is it possible to contract with the scho...
by Zonian59
Thu Sep 20, 2018 1:12 am
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 133
Views: 11872

Re: Did you really have something to retire to?

I originally planned to retire to reading all the books and music CDs accumulated over the years, getting reacquainted with model railroading hobby that my father and I enjoyed when I was a young boy, and doing some travelling to state fairs and air shows around the country. All that changed two yea...
by Zonian59
Wed Sep 19, 2018 11:58 pm
Forum: Personal Consumer Issues
Topic: Dental work and hypertension issue
Replies: 42
Views: 3533

Re: Dental work and hypertension issue

Everybody, Thanks for all your comments and suggestions. I agree BP shouldn't be an issue. My regular doctor adjusted my medication and had me coming in weekly for blood pressure check. It's averaging around 137/85 more or less. He's satisfied that it meets the target of 140/90 which is suitable for...
by Zonian59
Tue Sep 18, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Dental work and hypertension issue
Replies: 42
Views: 3533

Dental work and hypertension issue

Anybody here experience being denied dental work due to above normal blood pressure? Last April my COBRA insurance, including dental insurance, expired. Figured I could wait until the ACA enrollment in Deccember when I can apply for insurance. Murphy's Law decided to pay me a visit in July and two f...
by Zonian59
Fri Jul 13, 2018 1:01 am
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 10562

Re: When does frugal cross the line to cheapskate?

I think its a matter of perception: your's vs other people's. I consider myself "Frugal" such that I do not buy on impulse or buy more than I need or buy more than I can afford or live extravagantly. I always lived below my means. I don't believe in "keeping up with the Jones or keeping up appearanc...
by Zonian59
Mon Jun 11, 2018 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: CA Franchise Tax Board lost 2017 Return
Replies: 2
Views: 389

CA Franchise Tax Board lost 2017 Return

I mailed my 2017 CA tax return on 3/24/18 via certified mail to the appropriate address for Refund Returns. Refund to be direct deposit to my checking account. USPS tracking shows it was delivered to Franchise Tax Board (FTB) on 4/2/18. By 4/24 I have not received my tax refund and contacted them. T...
by Zonian59
Fri May 11, 2018 2:53 am
Forum: Personal Finance (Not Investing)
Topic: Aftertax 401K rollover to Roth IRA
Replies: 10
Views: 1402

Re: Aftertax 401K rollover to Roth IRA

Have Additional questions. Recap and clarification: - No longer working for megacorp but still retain 401(k) with megacorp; - Am now in 12% tax bracket; - 401K currently has ~$450K pretax portion and ~$6.5K aftertax portion; -Aftertax portion has ~$4.6K contribution and ~1.9K earnings; - The afterta...
by Zonian59
Thu Apr 26, 2018 2:43 am
Forum: Personal Finance (Not Investing)
Topic: Aftertax 401K rollover to Roth IRA
Replies: 10
Views: 1402

Aftertax 401K rollover to Roth IRA

I am currently separated from Megacorp, but still have 401K plan with Megacorp. 401K is aprox $456,500 comprising of pretax $450,000 and aftertax $6500. Have been contributing to the 401K since 1999 until separation. The $6500 aftertax portion has approx $4600 aftertax contributions with approx $190...
by Zonian59
Thu Apr 05, 2018 5:45 pm
Forum: Personal Consumer Issues
Topic: Want/need some income in semi-retirement
Replies: 90
Views: 7746

Re: Want/need some income in semi-retirement

I've been thinking of the same thing. I don't think home depot or walmart is for me though. I used to be a number-cruncher/pencil-pusher analyst at a megacorp until I became semi-retired. I've been thinking about part-time tax preparer at HR Block. Anybody here do that and what's your experience? Th...
by Zonian59
Tue Apr 03, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Should I roll over Roth 401(k) to Roth IRA?
Replies: 12
Views: 1902

Re: Should I roll over Roth 401(k) to Roth IRA?

Post by thehappycampers » Mon Apr 02, 2018 1:32 pm Pre-tax 401(k) dollars 2. Open new Vanguard traditional IRA that would accept pre-tax 401(k) dollars. 3. Roll over pre-tax 401(k) to newly opened Vanguard traditional IRA. 4. Convert Vanguard traditional IRA into Vanguard Roth IRA, paying taxes at ...
by Zonian59
Fri Mar 16, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Requires Drivers License for EFile
Replies: 24
Views: 2543

Re: Turbotax Requires Drivers License for EFile

Do you need to also provide license # if you're going to mail your return in? I can see providing the license ID as a cross check to verify you are who you claim to be. But if the tax returns falls into the wrong hand, that license number adds another data point in addition to SS#. Or is this a conc...
by Zonian59
Fri Mar 02, 2018 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Morgan Stanley wants my 410K and everything else, Why?
Replies: 63
Views: 6033

Re: Morgan Stanley wants my 410K and everything else, Why?

Post by whodidntante » Fri Mar 02, 2018 3:23 pm I would go the other way. I would transfer the 160k inherited account in kind over to Merrill Edge. You can earn a bonus, they'll refund some or all of the MS transfer fee, you'll get the highest tier of preferred rewards, and free trades ongoing. Mer...
by Zonian59
Fri Feb 23, 2018 6:49 am
Forum: Investing - Theory, News & General
Topic: Staying Motivated: How do you ward off hopelessness?
Replies: 59
Views: 8122

Re: Staying Motivated: How do you ward off hopelessness?

A friend of mine was in his mid-70s when his wife of 50 years passed away. They had a wonderful relationship based on Liking each other, Respect and Love. When his Dear Wife passed away, it left a deep void in his life. He could have turned his back on life and wither way. Instead, he took stock of ...
by Zonian59
Wed Feb 21, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Safe to file taxes now?
Replies: 57
Views: 5642

Re: Safe to file taxes now?

Unread post by baconavocado » Tue Feb 20, 2018 7:08 pm I'm waiting for a paper 1099 from Schwab for an account I closed (e.g., can't access the account electronically)? Has anyone received their tax forms from Schwab? Just received my paper version today. Seems to be consistent with the electronic...
by Zonian59
Tue Feb 20, 2018 3:55 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 149
Views: 9281

Re: Long term care insurance

An acquaintance claims to have bought a LTC insurance a long time ago that provided for indefinite LTC. He didn't say who the insurer is, but admits the premiums are expensive. He also feels pretty sure that as long as he is willing to pay those premiums, they can't cancel the policy. Do such a poli...
by Zonian59
Tue Feb 20, 2018 3:33 am
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 107
Views: 12613

Re: Single People and Retirement Question

Thanks to Limoncello402 for a most timely and relevant thread. Also thanks to all who responded with their wise, thoughtful and inspiring advice. I'm in the same boat, i.e., recently retired (not by choice) 58 years old, never married single, but with no siblings, no relatives (other than my mother)...
by Zonian59
Sun Feb 04, 2018 11:42 pm
Forum: Personal Consumer Issues
Topic: Cheapest funeral options
Replies: 40
Views: 3747

Re: Cheapest funeral options

My mother and I are in discussion about her final plans. Her wishes are to be cremated. Any thoughts on urns purchased from Costco? The ones online are brass and cost around $100. Understand remains offered through funeral home or crematory can be considerably more expensive. We live in California. ...
by Zonian59
Sun Feb 04, 2018 2:26 am
Forum: Investing - Help with Personal Investments
Topic: Today was a Really Bad Day
Replies: 278
Views: 50607

Re: Today was a Really Bad Day

Long time ago I would have looked at this drop and sold before it got any worse. Now I see it as an opportunity to buy more equities at lower price, so long as I have the cash reserve. As you've all pointed out, historically equities usually rebound after a triple digit drop.....not always in the sa...
by Zonian59
Mon Sep 11, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax fiasco - how can we protect ourselves from potential fraudulent tax returns filed on our behalf?
Replies: 31
Views: 4480

Re: Equifax fiasco - how can we protect ourselves from potential fraudulent tax returns filed on our behalf?

Given the Equifax fiasco:
1) Am I LESS at risk if I file via snail mail than electronically? I usually file via snail mail anyway.
2) Is it risky to have refund deposited to checking account via ACH Deposit? Or should I have refund sent via snail mail?
Thanks.
by Zonian59
Fri Sep 01, 2017 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: How much sooner could you retire with NO property taxes?
Replies: 116
Views: 9374

Re: How much sooner could you retire with NO property taxes?

I haven't seriously researched any states that have NO property taxes, but I'm sure that those that don't have property taxes compensate with other HIGHER taxes, whether they are income, sales, taxes on interest & dividends, etc. Taxes are taxes. Other than living expenses, insurance (health, home, ...
by Zonian59
Tue Aug 15, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Do I Need a Trust? (for single, no children, beneficiaries, etc.)
Replies: 16
Views: 2103

Re: Do I Need a Trust? (for single, no children, beneficiaries, etc.)

Thank you all for your advice, thoughts and recommendations. Have MUCH to think about, research and plan before the inevitable train wreck. But beneficiary designation after current beneficiary's death remains issue. Any recommended books on wills, trusts, protection of assets, etc, that focuses on ...
by Zonian59
Mon Aug 14, 2017 1:45 am
Forum: Personal Finance (Not Investing)
Topic: Do I Need a Trust? (for single, no children, beneficiaries, etc.)
Replies: 16
Views: 2103

Do I Need a Trust? (for single, no children, beneficiaries, etc.)

I saw WoodSpinner's topic on same subject, but decided not to hijack or piggyback on his thread since my circumstances are different. So am seeking wisdom and advice from Gentle BH. All the info on Trusts I've read are oriented with family, wife & children and relatives in mind. Hardly anything on s...
by Zonian59
Sat Jul 29, 2017 3:02 am
Forum: Personal Finance (Not Investing)
Topic: Any pilots here? [as a career]
Replies: 38
Views: 5421

Re: Any pilots here? [as a career]

I have a friend (going back 30 years) who is currently a Senior Captain at Skywest Airlines. When he began his flying career in his mid 20s, he already had a private and commerical pilot license. He started out as a courier pilot, then made the jump to airlines. Found trying to get a job with the bi...
by Zonian59
Thu Jul 27, 2017 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 9091

Re: Post Nuptial agreement guaranteeing alimony?

No need to open another account for this. Can't you spend joint money already? This assumes you already put most of both paychecks towards joint expenses. I also assume the family income is about the same regardless of who earns it. Some couples have separate finances. I am thinking she could have ...
by Zonian59
Thu Jul 27, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 9091

Re: Post Nuptial agreement guaranteeing alimony?

Could OP get husband to agree to be put a certain amount of his income in a separate account under her name, which she could then spendorinvest as she wishes? Than you don't get lawyers involved or get into planning for a worst case scenario that becomes selffulfilling. No need to open another acco...
by Zonian59
Thu Jul 27, 2017 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Living on a boat in HI to save money
Replies: 17
Views: 4194

Re: Living on a boat in HI to save money

Hmm.....wondered about living on a boat or houseboat. Used to communicate with a guy in the Bay Area Houston, who for many years, lived on a boat. Not easy at first but being an ex-Navy seaman and used to being a minimalist so it was doable for him and he liked it. He also rigged the boat with solar...
by Zonian59
Thu Jul 27, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: What you wish you had known entering your late 20's
Replies: 128
Views: 32265

Re: What you wish you had known entering your late 20's

A lot of people will say things like "I wished I would've started to save earlier" or whatever, but I knew that I should be saving early...it's just a lot harder when you don't have as much money! I have learned this lesson now, but when I get an impulse to purchase something, I should wait a minim...
by Zonian59
Thu Jul 27, 2017 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 9091

Re: Post Nuptial agreement guaranteeing alimony?

Could OP get husband to agree to be put a certain amount of his income in a separate account under her name, which she could then spendorinvest as she wishes? Than you don't get lawyers involved or get into planning for a worst case scenario that becomes selffulfilling. No need to open another acco...
by Zonian59
Thu Jul 27, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: What you wish you had known entering your late 20's
Replies: 128
Views: 32265

Re: What you wish you had known entering your late 20's

When I was in my early 20s, someone had told me that the three most important decisions one will ever make during their life are: 1) What you will do for a living; 2) Who you marry; 3) Where you will live. Should have thought out the above more carefully and planned accordingly. Also I should have s...
by Zonian59
Thu Jul 27, 2017 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Recommendations for 3-Fund at Schwab
Replies: 9
Views: 3508

Re: Recommendations for 3-Fund at Schwab

IF you have an account at Schwab, transaction fees from their ETF Select List are free. You can buy third-party, e.g. Vanguard with a $4.95 fee, although some third-party ETFs on their Select List are free trades. Take a look at the following Schwab ETFs: SCHB - Schwab U.S. Broad Market ETF SCHF - S...
by Zonian59
Thu Jul 27, 2017 3:04 am
Forum: Personal Consumer Issues
Topic: Golfers - need to ramp up ASAP!
Replies: 42
Views: 4727

Re: Golfers - need to ramp up ASAP!

Well, if all else fails, there's always Leslie Nielsen's "Bad Golf" way of playing golf:

https://www.youtube.com/watch?v=yKUdFEP6tCI
by Zonian59
Wed Jul 26, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 9091

Re: Post Nuptial agreement guaranteeing alimony?

Assuming he would, would such an agreement be upheld in divorce proceedings in the future or would a judge likely toss it? Assuming husband would sign, he could later change his mind and state it was signed under duress (his) and furthermore, the resultant agreement was not equitable. Judge would m...
by Zonian59
Wed Jul 26, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: rollover 401k Roth to existing Roth IRA
Replies: 1
Views: 442

rollover 401k Roth to existing Roth IRA

My apologies if this question(s) have been asked before. Searched forum but could not find thread that matched my situation. Background info: Currently 58 years old and semi-retired. In other words, not ready to take Company pension or Social Security until 62 or 65. Have been contributing to employ...