Search found 566 matches

by MJS
Fri Sep 25, 2020 1:05 am
Forum: Personal Consumer Issues
Topic: Tuscon area in February
Replies: 3
Views: 318

Re: Tuscon area in February

The Tucson Gem & Mineral Show runs from Jan 30-Feb 14, 2021. While several shows & showcases have been Covid-cancelled, many campsite, hotel room & AirBnB will be reserved or very, very expensive within 50 miles of Tucson. The city is usually packed during the Show. Consider coming after Feb 15th th...
by MJS
Mon Sep 21, 2020 12:27 am
Forum: Personal Investments
Topic: Losing Money with Index Funds
Replies: 149
Views: 13602

Re: Losing Money with Index Funds

I already read some of the links here but I haven't found any direct info on the right time when to sell or cash out. I just don't want to die at 80 or 90 and just hoarded millions of $$$ , where is that going to go when i don't have kids :confused Try out the Rich, Broke or Dead Tool. Change your ...
by MJS
Sun Sep 20, 2020 1:57 pm
Forum: Personal Consumer Issues
Topic: Best shoes for running?
Replies: 65
Views: 3215

Re: Best shoes for running?

Go to a specialty running store and ask them to analyze your gait and try a lot of different shoes. And buy the shoes there, not online, since they are providing the service. Fleet Feet is a national chain and there are lots of independent stores too. +1. A good store and a shoe expert are much mor...
by MJS
Sat Sep 19, 2020 5:10 pm
Forum: Personal Consumer Issues
Topic: Is Costco worth the $120 membership?
Replies: 238
Views: 14827

Re: Is Costco worth the $120 membership?

Getting Home & auto insurance through Costco saved me 2 years of memberships. My $800 cellphone was free after the Costco gift card. Their florist service is very good and relatively cheap. Yes, if all you're buying is steak & gas, it's not going to save you lots. Pick up their catalog at the front ...
by MJS
Sat Sep 19, 2020 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Claiming Question
Replies: 7
Views: 1081

Re: Social Security Claiming Question

Run some scenarios through your income tax software, or https://www.dinkytown.net/v3/999160/Tax1040.html Consider: Are you planning Roth conversions? Would using Social Security for part of your income reduce your MAGI for Medicare-IRMAA at age 63? If you are planning some major expenses - renovatio...
by MJS
Sun Sep 13, 2020 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any different financial considerations/rules for a childless couple?
Replies: 95
Views: 9337

Re: Are there any different financial considerations/rules for a childless couple?

Having "excellent systems" in place for handling finances and directives is helpful, but still only a partial solution. By the way, can you describe what those excellent systems for finances, payments, etc. are that you've seen? Are you talking about some combination of trust companies, fiduciaries...
by MJS
Sun Sep 13, 2020 12:43 pm
Forum: Personal Investments
Topic: What to do with monthly surplus?
Replies: 29
Views: 4029

Re: What to do with monthly surplus?

+1. If you include an international total market in your portfolio, put it the taxable account so you can deduct the dividends on your income taxes. I think you mean deduct the foreign taxes paid, not the dividends. See link: https://www.bogleheads.org/wiki/Foreign_tax_credit Regards, Thanks! Yes, ...
by MJS
Sat Sep 12, 2020 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Which Other Insurance Companies To Get Quotes From?
Replies: 13
Views: 1103

Re: Which Other Insurance Companies To Get Quotes From?

If you are a member of Costco, get a quote from them. The provider varies, but has been well-vetted and if there's a problem... Costco will lean on them.
by MJS
Sat Sep 12, 2020 6:03 pm
Forum: Personal Investments
Topic: What to do with monthly surplus?
Replies: 29
Views: 4029

Re: What to do with monthly surplus?

Friends, Thanks in large part to the Bogleheads, I have a regular monthly surplus for the first time ever. After maxing out retirement accounts, what's the Boglehead thing to do? I believe it is Total Market Index Fund in Taxable. Is that correct? This board has helped me get there, so I feel lots ...
by MJS
Fri Sep 11, 2020 7:18 pm
Forum: Personal Consumer Issues
Topic: Butcher Box
Replies: 26
Views: 4441

Re: Butcher Box

Universities with Meat Sciences programs commonly sell very high quality meat for [usually] reasonable prices. If you are near a college with agricultural programs, it's worth checking to see if they have meat sales. Iowa, Florida, Colorado, Arizona are some of the ones I'm familiar with. Some will ...
by MJS
Tue Sep 01, 2020 11:38 am
Forum: Personal Consumer Issues
Topic: Have any BHs reduced spending to retire sooner?
Replies: 34
Views: 1488

Re: Have any BHs reduced spending to retire sooner?

Two things to watch for when reducing a family budget: * Inattentively focusing on the non-budgeting spouse's quality of life: yard care or house keeping; beer or manicures... both partners need to have input. * Eliminating the safety net: new car or new roof or unreimbursed healthcare or increased ...
by MJS
Mon Aug 31, 2020 12:08 pm
Forum: Personal Consumer Issues
Topic: What purchases are you planning now for the Fall/Winter to get ahead of demand?
Replies: 57
Views: 6835

Re: What purchases are you planning now for the Fall/Winter to get ahead of demand?

Prescription drugs. I've been ordering a new 3 month supply every 2 months since March. It's more for "excess of caution" than deep worry at this point. The FDA has a database of current shortages, mostly respiratory, blood thinner and anti-depressant meds: https://www.accessdata.fda.gov/scripts/dru...
by MJS
Sat Aug 29, 2020 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Someone filed unemployment claims in my wife's name! (CA)
Replies: 12
Views: 1596

Re: Someone filed unemployment claims in my wife's name! (CA)

Despite being long retired, I received a state unemployment debit card rather unexpectedly last week. (Thank goodness for bureaucratic computers!) When I checked the bank account, it had an email address I had never used (my full name at hotmail). I sent Hotmail a fraud alert.
by MJS
Wed Aug 26, 2020 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Is buying a home best for me?
Replies: 13
Views: 997

Re: Is buying a home best for me?

The time and energy you spend on choosing / decorating / renovating a house (and a front yard and a back yard) will be time and energy you don't spend in your new medical practice. The first year of any job is full of new ideas, new people, new choices. A medical practice is hardly an exception. :wi...
by MJS
Sat Aug 22, 2020 8:25 pm
Forum: Personal Consumer Issues
Topic: single women retirement suggestions
Replies: 62
Views: 5350

Re: single women retirement suggestions

For weather like San Diego...
Málaga, Spain.
Canary Islands.
Sydney, Australia.
Loja, Ecuador.
Nice, France.

Unless you prefer Santa Barbara or Arcata?
by MJS
Fri Aug 21, 2020 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion Strategy with Loss of Stretch IRA
Replies: 21
Views: 1613

Re: Roth Conversion Strategy with Loss of Stretch IRA

Another cost to include when estimating the price of Roth conversions is IRMAA. Once you are over 63, a MFJ income over $174k will effect your Medicare Part B and D payments at age 65, adding $840 to $3,385 EACH to your annual Medicare fees. $6770 per year adds up! https://www.cms.gov/newsroom/fact-...
by MJS
Thu Aug 20, 2020 12:14 pm
Forum: Investing - Theory, News & General
Topic: Investment strategies for high net worth individuals
Replies: 56
Views: 5287

Re: Investment strategies for high net worth individuals

Securities Lending. Create your very own personal S&P500 robo-managed index fund, like Fidelity Zero. At some point, theoretically, the profits from Securities Lending will pay for the taxes, wages, fees, and other infrastructure costs. $100 million? $10 billion? Sources: Several Boglehead threads. ...
by MJS
Tue Aug 18, 2020 10:51 am
Forum: Personal Investments
Topic: Different risk tolerance in the family
Replies: 29
Views: 1764

Re: Different risk tolerance in the family

I have not seen a solid research paper that shows any system doing better than a three fund portfolio over 30-40 years. Traditionally, 5% of the portfolio is dedicated to experimenting, learning, and analytical systems. Keep good data: it is sadly easy to remember the good and forget the bad.
by MJS
Sat Aug 15, 2020 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting assets from mental disorders (e.g. Bipolar)
Replies: 24
Views: 2637

Re: Protecting assets from mental disorders (e.g. Bipolar)

A good lawyer is your best choice for real protection. However, while it was designed to protect the elderly from fraud, assigning a Trusted Contact through your brokerage could provide an alert. The federal website includes diminshed capacity among its uses. https://www.investor.gov/introduction-in...
by MJS
Sat Aug 15, 2020 5:03 pm
Forum: Personal Investments
Topic: If I bought Total World Stock would I get the tax credit on foreign taxes?
Replies: 14
Views: 1758

Re: If I bought Total World Stock would I get the tax credit on foreign taxes?

I didn't know until too late....
If you bought Total World Stock AND put it a tax deferred account -- IRA, 401, Roth -- you would NOT get the tax credit on foreign taxes. The Total World has to be in a taxable account in order to have tax credits.
by MJS
Thu Aug 13, 2020 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Just got ~50 insurance quotes, thought I'd share my results for posterity
Replies: 94
Views: 9455

Re: Just got ~50 insurance quotes, thought I'd share my results for posterity

I lazily chose Costco's home-auto insurance program. Costco put me in American Family Group/CONNECT at several hundred dollars less than AAA's boil-the-frog rates. CONNECT paid for a windshield replacement, no hassle. They did two COVID refunds. If they annoy me, Costco might provide backup. And the...
by MJS
Mon Aug 10, 2020 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Large windfall - impact on financial plan
Replies: 29
Views: 3563

Re: Large windfall - impact on financial plan

Right now (prior to new daycare expense) we save the following: 401k: Max our two plans with 3.5% match each (adds about 12k in match) - about $52k 529: $13k Post tax investments: $36k Home maintenance/repairs: $12k Consider adding a Frivolity Fund for things like a swing set, future vacations, swi...
by MJS
Tue Aug 04, 2020 11:44 am
Forum: Personal Consumer Issues
Topic: Good quality face mask recommendation, please
Replies: 53
Views: 5561

Re: Good quality face mask recommendation, please

Tom Bihn has 2 sizes of adult cloth masks. They have adjustable ear straps, and a neck loop so you can temporarily pull it down without losing it. The cotton one has been quite comfortable and well sealed. Unfortunately, they tend to sell out quickly. The quality of Bihn's luggage has been recommen...
by MJS
Sun Aug 02, 2020 2:22 pm
Forum: Personal Investments
Topic: Is it possible to disable online access to Vanguard?
Replies: 53
Views: 3532

Re: Is it possible to disable online access to Vanguard?

Vanguard's physical offices are located at Charlotte, North Carolina Scottsdale, Arizona Valley Forge, Pennsylvania Washington, D.C. Has anyone actually gone to the AZ campus? Has the AZ Bogleheads group had any Vanguard attendees? You can make an appointment to meet with a rep on campus, but why w...
by MJS
Sat Aug 01, 2020 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Mother's House
Replies: 17
Views: 1441

Re: Buying Mother's House

Ask your local elder law expert about purchasing a Medicaid compliant SPIA annuity with some/most of the profits from the home sale. It would reduce her assets but provide lifetime income. She is very young for a SPIA, of course.
https://www.medicaidplanningassistance. ... y-annuity/
by MJS
Sat Aug 01, 2020 2:12 pm
Forum: Personal Investments
Topic: Is it possible to disable online access to Vanguard?
Replies: 53
Views: 3532

Re: Is it possible to disable online access to Vanguard?

Vanguard's physical offices are located at Charlotte, North Carolina Scottsdale, Arizona Valley Forge, Pennsylvania Washington, D.C. According to https://about.vanguard.com/who-we-are/fast-facts/ The Phoenix Chamber of Commerce says over 2000 people work there. Has anyone actually gone to the AZ cam...
by MJS
Tue Jul 28, 2020 1:57 pm
Forum: Personal Consumer Issues
Topic: Selling Silverware (all silver)
Replies: 14
Views: 1247

Re: Selling Silverware (all silver)

See the china / crystal / flatware replacement site: https://www.replacements.com/silver/

Note that fine dinnerware is not currently selling at elevated prices.
by MJS
Tue Jul 28, 2020 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Inherited IRA/401K & Missed RMDs
Replies: 5
Views: 674

Re: Inherited IRA/401K & Missed RMDs

Are there any penalties that we must worry about when it comes to state taxes/laws? We would have Vanguard withhold fed and state taxes from the missed RMDs. Should we request multiple RMDs, one for each year, or would one lump sum work? Is there anything else that I may have missed, or advice that...
by MJS
Sat Jul 25, 2020 3:38 pm
Forum: Personal Consumer Issues
Topic: What surprised you the most once you retired?
Replies: 267
Views: 31136

Re: What surprised you the most once you retired?

I feel like the older I get, the faster time goes. When you were 10, 1 year was 10% of your lifetime. When you are 75, 1 year is a 1.34% of your lifetime. Relatively speaking, the years are getting shorter! For instance, an 8 year old's summer is relatively longer than a 50 year old's entire year: ...
by MJS
Thu Jul 23, 2020 4:01 pm
Forum: Personal Investments
Topic: Total Newb-need advice on my Ameriprise conundrum
Replies: 32
Views: 1690

Re: Total Newb-need advice on my Ameriprise conundrum

Now I have the pleasure of telling my advisor I'm pulling out of Ameriprise. Any recommendations other than, "its not you, its me, (but its really you)" ? Second don't burn any bridges: he may advise your patients someday. Send a handwritten note expressing your appreciation for his aid in starting...
by MJS
Thu Jul 23, 2020 1:24 pm
Forum: Personal Consumer Issues
Topic: Retirement Relocation - Permaculture - Western and Southern Cities
Replies: 49
Views: 3594

Re: Retirement Relocation - Permaculture - Western and Southern Cities

Do you want a Permaculture community as well as land?
For example, Tucson has a local center, courses, certified garden designers and a local MeetUp group (via Google or I can PM links)
by MJS
Wed Jul 22, 2020 10:16 am
Forum: Investing - Theory, News & General
Topic: "University Endowment Sued for Underperforming the S&P 500"
Replies: 108
Views: 8097

Re: "University Endowment Sued for Underperforming the S&P 500"

I'm glad to see that others feel the S&P 500 isn't a reasonable benchmark. Nevertheless, donors would benefit from having some reasonable benchmark for judging their alma mater's endowment. Universities with endowments under ($50million? $500million ? $1billion) could use that benchmark as a sensibl...
by MJS
Tue Jul 21, 2020 5:57 pm
Forum: Investing - Theory, News & General
Topic: "University Endowment Sued for Underperforming the S&P 500"
Replies: 108
Views: 8097

"University Endowment Sued for Underperforming the S&P 500"

A few endowments -- Nevada retirement, Carthage College -- have move to index funds. So far, they seem to be doing well. Is it possible for very very large and very very long-term investors with fixed annual expenses to switch to something as simple as a 1 or 3 or 10 fund portfolio? If one donates o...
by MJS
Fri Jul 17, 2020 6:16 pm
Forum: Personal Investments
Topic: My Father in Law gave me $1000 to buy stock/securities
Replies: 20
Views: 2371

Re: My Father in Law gave me $1000 to buy stock/securities

Long term, go with a nice simple ... boring ... index fund such as Vanguard Total Stock Market ETF. The [locally infamous] Buffet-Seides index vs hedge fund bet - https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp - beautifully demonstrates the l...
by MJS
Wed Jul 15, 2020 10:56 pm
Forum: Personal Consumer Issues
Topic: Personal Shopping Service with out of state delivery?
Replies: 12
Views: 649

Re: Personal Shopping Service with out of state delivery?

Am I the only one who sees lgb's posts as
........ ? No text at all.
by MJS
Tue Jul 14, 2020 10:12 pm
Forum: Personal Consumer Issues
Topic: Coffee bean grinder
Replies: 34
Views: 1615

Re: Coffee bean grinder

Get a cheap blade grinder. If the experience and quality is worth upgrading, you'll know. If not, a blade grinder is also good for grinding herbs & spices, making small batches of rice or oatmeal flour, or converting granulated sugar to icing sugar. But save your money unless you really want to upgr...
by MJS
Mon Jul 13, 2020 6:21 pm
Forum: Personal Consumer Issues
Topic: My very first $martphone!!! Please help me decide.
Replies: 45
Views: 3091

Re: My very first $martphone!!! Please help me decide.

When [if, nowdays] you test-drive the two models, assess which is more comfortable in your hand -- especially if you have small/large hands or arthritis. Also, check out access to the Symbol menu -- how do you pull up @ or £ or ()? On some models, navigating the symbol menu can be quite tedious.
by MJS
Tue Jul 07, 2020 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Semi-Retirement Withdrawal Strategy
Replies: 13
Views: 1447

Re: Semi-Retirement Withdrawal Strategy

Flyguy wrote: Sun Jul 05, 2020 12:23 pm ... Both in good health, don't plan to take SS unitl 70.
Social Security can be tricky for a family. Have you run the OpenSocialSecurity calculator using Advanced Options -- https://opensocialsecurity.com/ -- to see some alternatives?
by MJS
Tue Jul 07, 2020 12:23 pm
Forum: Personal Consumer Issues
Topic: Replacing odd-depth washer/dryer
Replies: 20
Views: 860

Re: Replacing odd-depth washer/dryer

On the interior design blogs, a common solution is to replace bifold doors with curtains/[extra long] shower curtains. The brackets give you an extra 2-3" of depth. If space permits, a longer curtain rod gets the drapes out of the way.
by MJS
Sat Jun 13, 2020 10:30 am
Forum: Investing - Theory, News & General
Topic: Frequency of Withdrawals in Retirement
Replies: 50
Views: 4100

Re: Frequency of Withdrawals in Retirement

Going into retirement, I wasn't quite sure how my budget would work. So, the first and second years, I put the whole year's income into an easily accessible money market account, with monthly budget and random travel expenditures transferred to a checking account. By the 1st December, I still had en...
by MJS
Tue Jun 02, 2020 5:15 pm
Forum: Personal Consumer Issues
Topic: How important is a light colored interior for your car in Florida? What about Apple CarPlay?
Replies: 43
Views: 2449

Re: How important is a light colored interior for your car in Florida? What about Apple CarPlay?

Light dashboards bounce glare into my eyes -- perhaps a function of height, but doubly painful when driving towards the sun or even low winter sunlight.

+1 for light exterior, light seats and basic window tinting.
by MJS
Mon Jun 01, 2020 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Income tax planning: Additional stimulus money & Safe Harbor
Replies: 2
Views: 317

Re: Income tax planning: Additional stimulus money & Safe Harbor

I expect the IRS to place it in the section of 1040 with other refundable credits (EITC, part of CTC, part of AOTC) and not with nonrefundable credits like the Retirement Saver's credit and part of CTC/AOTC. Thank you! Having the categorization and vocabulary led me to "Those who project their 2020...
by MJS
Sun May 31, 2020 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Income tax planning: Additional stimulus money & Safe Harbor
Replies: 2
Views: 317

Income tax planning: Additional stimulus money & Safe Harbor

My 2020 income will be substantially lower than 2019. The additional COVID19 Stimulus money will be claimed when filing my 2020 tax return next year. How does Stimulus money claimed in 2021 on 2020 taxes effect the Safe Harbor rule of owing the IRS less than $1,000? Does it effect Estimated Tax paym...
by MJS
Tue May 26, 2020 11:44 am
Forum: Personal Consumer Issues
Topic: Develop scotch/wine palate quickly and effectively
Replies: 31
Views: 2630

Re: Develop scotch/wine palate quickly and effectively

Pick up 3-5 50ml mini bottles of good Scotches. Do the whole 9-yard tasting, 10 ml at a time. Take elaborate notes. The next day, do a blind tasting & try to identify each sample via nose and flavor analysis. Third day, read the expert's notes and try to find them in your 10ml samples. Fourth, try a...
by MJS
Sat May 23, 2020 1:48 pm
Forum: Personal Consumer Issues
Topic: Cheap way to ship a few boxes?
Replies: 14
Views: 993

Re: Cheap way to ship a few boxes?

Roadie.com is like Uber for moving freight. Very limited starting locations, but it goes to wherever someone is planning to drive anyways. Timing may be an issue, also the drivers don't do loading & unloading.
by MJS
Wed May 20, 2020 2:13 pm
Forum: Personal Investments
Topic: Individual stock for son's birthday
Replies: 54
Views: 4626

Re: Individual stock for son's birthday

A historical stock, rather than one chosen for investment. * Bank of New York Mellon Corporation, founded 1784, listed NYSE in 1792. * Lloyd's of London, founded 1686. Plus a book on insurance. * Fiskars, plus a pair of scissors, founded 1649 * Sotheby's, founded in 1744. * Kongo Gumi, founded in 57...
by MJS
Mon May 18, 2020 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Converting trad IRA to Roth IRA
Replies: 6
Views: 579

Re: Converting trad IRA to Roth IRA

IRAs are Individual accounts, and RMDs will be calculated individually even if you file jointly. So, to give good answers, we need to know how much of your $1 million is hers and how much is yours.* If her IRA is $30,000 out of the $1M, that's a very different calculation from one where $30,000 is y...
by MJS
Mon May 11, 2020 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: 2020 tax forecast
Replies: 8
Views: 780

Re: 2020 tax forecast

the 110% safe harbor(based on last yr) will be way too much, your only choice is the 90% of current yr safe harbor. Or "... if the total tax shown on your return minus the amount you paid through withholding is less than $1,000." Optimally, you would owe $999, but I usually aim for owing $850. http...
by MJS
Sat May 09, 2020 6:15 pm
Forum: Personal Investments
Topic: Update: Taxable Portfolio Complete; Need Roth IRA Help
Replies: 16
Views: 994

Re: Update: Taxable Portfolio Complete; Need Roth IRA Help

I'm with Escape from Ameriprise . Run away as soon you can! The extra 0.5-1.5% you'll save in fees & high ERs should start as soon as possible. Do not-quite-mirroring. Someday (like 20-40 years from now) you may want to do tax loss harvesting in your taxable account, so put very similar but non-iden...