Search found 995 matches

by DrGoogle2017
Wed Jan 17, 2018 2:51 pm
Forum: Personal Consumer Issues
Topic: Travel to Rome Italy - Recommendations
Replies: 20
Views: 1052

Re: Travel to Rome Italy - Recommendations

We stayed near the Trevi fountain, bought tours for the Colloseum and Vatican. But the rest we just hop on and hop off the tour bus. That was for 7 days. It’s a laid back way of travelling. We went to the Colloseum for 2 days. But the rest of the time we just walked around and enjoyed our time there...
by DrGoogle2017
Wed Jan 17, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 124
Views: 7471

Re: Stats on When People Take Social Security

I recently ran across a post on social media about when to take SS...Even though I've been around the personal finance block for a long time, I was truly shocked at the financial illiteracy that I saw. (Granted, it was just a single sample). Are we truly that small a percentage of the population? I...
by DrGoogle2017
Wed Jan 17, 2018 12:13 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 315
Views: 22915

Re: What frugal thing did you do today?

Finished my last Honey crisp apple I bought from California. It was simply delicious. I had to clean out my fridge before my flight but I didn’t want to throw them away. They are great for snacking. I bought eight small ones and finally went through the last one today. They were declared at arrival,...
by DrGoogle2017
Wed Jan 17, 2018 12:06 am
Forum: Personal Consumer Issues
Topic: Finding Best USA-To-Europe FLIGHT When Dates Are Not Limiting Factor?
Replies: 12
Views: 779

Re: Finding Best USA-To-Europe FLIGHT When Dates Are Not Limiting Factor?

Check out Norwegian Air. Last I looked it was something like $129 one way from LA.
by DrGoogle2017
Tue Jan 16, 2018 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a trust?
Replies: 62
Views: 7709

Re: Do I really need a trust?

I'm thinking of doing it myself through NOLO or LegalZoom. However, I have a question for those who plan to DIY your trust and will, how do you deal with the notarization process. How many people have to witness this process? I usually do my notarization at my bank with one person. Can I ask the ba...
by DrGoogle2017
Tue Jan 16, 2018 2:03 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 124
Views: 7471

Re: Stats on When People Take Social Security

I believe delaying SS will help with longevity, market, and inflation risk. The 4th one is spending. All risks for outliving your retirement money. 3 out of 4 is not bad hedge. Yes there is possibility of reduced SS in the future, but I don’t think those who take it at 62 will be spared either. If ...
by DrGoogle2017
Mon Jan 15, 2018 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 124
Views: 7471

Re: Stats on When People Take Social Security

I believe delaying SS will help with longevity, market, and inflation risk. The 4th one is spending. All risks for outliving your retirement money. 3 out of 4 is not bad hedge. Yes there is possibility of reduced SS in the future, but I don’t think those who take it at 62 will be spared either. If a...
by DrGoogle2017
Mon Jan 15, 2018 6:14 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 315
Views: 22915

Re: What frugal thing did you do today?

I took the bus in Hawaii for the first time, I mentioned that my husband is a Senior citizen, immediate 1/2 discount for a day pass. He had to show his Medicare card, luckily he had it with him. But the trick is you have to have exact cash to take advantage of the discount, the bus gives no change b...
by DrGoogle2017
Mon Jan 15, 2018 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 63
Views: 6802

Re: Our 'cure' for emergency expenses

In my working years, a true emergency was job loss for both spouses. High medical bills were covered by health insurance.
by DrGoogle2017
Mon Jan 15, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 124
Views: 7471

Re: Stats on When People Take Social Security

But it’s personal decision. I’m in part of a couple whose age difference allows me to stretch my SS for a long time. But honestly, had we known they would claw back some money we took in 2016, we would have delayed taking my husband’s SS until at least FRA or one year later. But what’s done is done....
by DrGoogle2017
Mon Jan 15, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: Where do you get your auto loans?
Replies: 14
Views: 705

Re: Where do you get your auto loans?

PenFed is pretty cheap.
by DrGoogle2017
Mon Jan 15, 2018 12:13 am
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 40
Views: 4068

Re: Nostalgic about old online brokerages that no longer exist

I’m nostalgic about Brown & Co, it was the cheapest comission at the time, $5. I lost track of what happened to it and who acquired it. I did a lot of business there. I might have an account with Waterhouse, but not trading much there.
by DrGoogle2017
Mon Jan 15, 2018 12:02 am
Forum: Personal Consumer Issues
Topic: Books on managing (household) finances for couples
Replies: 13
Views: 1104

Re: Books on managing (household) finances for couples

I used to read a lot of books from Janet Bryant Quinn. I bought her last book on how to make your retirement money last. Great financial author. She explains everything so clearly. But I think this maybe more than just a book. Have a talk. Once I got married, I had a talk with my husband on how much...
by DrGoogle2017
Sun Jan 14, 2018 9:09 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 315
Views: 22915

Re: What frugal thing did you do today?

Frugal thing is that I refused to pay for an upgrade for my flight from LAX to Hawaii. But I ended up with a extra comfort seat upgrade anyway. Plus I stay at a hotel that I’m a Gold member and I get free WiFi, free breakfast, and also free food at happy hours.
by DrGoogle2017
Sun Jan 14, 2018 11:50 am
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4347

Re: Almost a pathological fear of debt, to my detriment?

Financially knowledgeable folks have the advantage of deciding when debt is to their benefit. This leads to more 'tools' available to enhance their savings and their lives. I’m not sure one has to be savvy. My 22 year old, non savvy person, told me she’s given up her emergency fund, going to contri...
by DrGoogle2017
Sun Jan 14, 2018 12:08 am
Forum: Investing - Help with Personal Investments
Topic: Are there any situations where you don’t max retirement opportunities?
Replies: 16
Views: 1941

Re: Are there any situations where you don’t max retirement opportunities?

I always maxed out, the only time I didn’t is when my employer didn’t offer anything, so it’s defaulted to the traditional IRA every tax year.
by DrGoogle2017
Sat Jan 13, 2018 11:51 pm
Forum: Investing - Theory, News & General
Topic: for those without an emergency fund, what's your plan for an emergency?
Replies: 25
Views: 2865

Re: for those without an emergency fund, what's your plan for an emergency?

My husband is my emergency fund and I’m his. The two paychecks family, but only need to survive on one.
by DrGoogle2017
Sat Jan 13, 2018 11:36 pm
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4347

Re: Almost a pathological fear of debt, to my detriment?

In most cases financially independent folks earn interest while poor and perpetually poverty stricken folks pay interest. This generalization doesn’t work. Not in HCOL, you will be poor forever. Financially knowledgeable folks have the advantage of deciding when debt is to their benefit. This leads...
by DrGoogle2017
Sat Jan 13, 2018 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion confusion
Replies: 28
Views: 1181

Re: Roth conversion confusion

I asked that grace period question a few years back and Alan S. replied as follows. The first withdrawals from an IRA in the year your reach 70 1/2 count as RMDs and cannot be converted. So you can delay until April 1 of the following year, but cannot do conversions in the year you turn 70 1/2 in t...
by DrGoogle2017
Sat Jan 13, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion confusion
Replies: 28
Views: 1181

Re: Roth conversion confusion

It’s a trade off. The RMD rate at 90 is about 9%, the RMD rate at 70 is about 4%. If you withdraw just the minimum, you will get hit with the tax torpedo. If you have two IRAs, two SS, and other additional incomes, you will not be able to stretch your tax advantage. Plus you have IRRMA from Medicare...
by DrGoogle2017
Sat Jan 13, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4347

Re: Almost a pathological fear of debt, to my detriment?

Rent is a form of debt, how come nobody fears it. It’s a fact of life that you need to live somewhere, preferably not your parent’s basement. So paying rent means you are paying the landlord’s interest in the property, worse yet, it keeps rising. At least with mortgage, it’s fixed. The only thing mi...
by DrGoogle2017
Sat Jan 13, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4347

Re: Almost a pathological fear of debt, to my detriment?

In most cases financially independent folks earn interest while poor and perpetually poverty stricken folks pay interest. This generalization doesn’t work. Not in HCOL, you will be poor forever. Financially knowledgeable folks have the advantage of deciding when debt is to their benefit. This leads...
by DrGoogle2017
Sat Jan 13, 2018 1:01 pm
Forum: Investing - Theory, News & General
Topic: How to see YTD% at Vanguard
Replies: 22
Views: 1925

Re: How to see YTD% at Vanguard

You have to do your own calculation. Vanguard provides the money made YTD. There is no easy way out.
by DrGoogle2017
Sat Jan 13, 2018 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Roth convert to just below IRMAA threshold?
Replies: 13
Views: 866

Re: Roth convert to just below IRMAA threshold?

Is there a link for the RPM?
by DrGoogle2017
Sat Jan 13, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Roth conversion confusion
Replies: 28
Views: 1181

Re: Roth conversion confusion

You will be 70.5 in June of 2020 so 2020 is the first year of your RMD. As I understand it, you get a "grace period" your first year so you could theoretically delay that payment until April 15 of 2021. I don't recommend it because that means you have to take 2 RMDs in the same tax year (2021). Whe...
by DrGoogle2017
Sat Jan 13, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Roth conversion confusion
Replies: 28
Views: 1181

Re: Roth conversion confusion

You will be 70.5 in June of 2020 so 2020 is the first year of your RMD. As I understand it, you get a "grace period" your first year so you could theoretically delay that payment until April 15 of 2021. I don't recommend it because that means you have to take 2 RMDs in the same tax year (2021). Whe...
by DrGoogle2017
Sat Jan 13, 2018 11:20 am
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4347

Re: Almost a pathological fear of debt, to my detriment?

jabberwockOG wrote:
Sat Jan 13, 2018 9:54 am
In most cases financially independent folks earn interest while poor and perpetually poverty stricken folks pay interest.
This generalization doesn’t work. Not in HCOL, you will be poor forever.
by DrGoogle2017
Fri Jan 12, 2018 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Sell or Keep a rental condo
Replies: 36
Views: 2343

Re: Sell or Keep a rental condo

I would sell it, I don’t like condos in general.
by DrGoogle2017
Fri Jan 12, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: Keeping sensitive documents in the cloud -- bad idea?
Replies: 46
Views: 2515

Re: Keeping sensitive documents in the cloud -- bad idea?

I never used Cloud anything, yet I was told some of my pictures were going over the limits on my iPad, they want me to pay more. I’m nervous about these things I don’t know. So I deleted them. Honestly, sometime I just want to go back to the Stone Age. Cloud is great for pictures. Amazon has free u...
by DrGoogle2017
Fri Jan 12, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: When the Fed stops what do you do?
Replies: 17
Views: 2315

Re: When the Fed stops what do you do?

When interest rate hits 6%,that’s when I might worry.
by DrGoogle2017
Fri Jan 12, 2018 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding being priced out in Los Angeles by buying the stock market
Replies: 19
Views: 3193

Re: Avoiding being priced out in Los Angeles by buying the stock market

I’m never able to pull the trigger in LA area either. Not sure I want to live there either. Work maybe. Maybe that’s why there is a huge grid lock on major freeways to LA every day.
by DrGoogle2017
Fri Jan 12, 2018 1:25 pm
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4347

Re: Almost a pathological fear of debt, to my detriment?

I only have mortgage debt, everything else, doesn’t mater how low it is, I pay them off. It’s not the low interest rate, but they all have some payments that you have to pay. They will add up to something.
by DrGoogle2017
Fri Jan 12, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: Keeping sensitive documents in the cloud -- bad idea?
Replies: 46
Views: 2515

Re: Keeping sensitive documents in the cloud -- bad idea?

I never used Cloud anything, yet I was told some of my pictures were going over the limits on my iPad, they want me to pay more. I’m nervous about these things I don’t know. So I deleted them. Honestly, sometime I just want to go back to the Stone Age.
by DrGoogle2017
Fri Jan 12, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Help me stop my addiction to stock market peeping!
Replies: 66
Views: 4399

Re: Help me stop my addiction to stock market peeping!

I still look at my account everyday unless I’m on vacation. I don’t see anything wrong with it. Maybe I’m a stockaholic, same as alcoholic people who see nothing wrong with alcohol.
by DrGoogle2017
Fri Jan 12, 2018 12:51 am
Forum: Investing - Help with Personal Investments
Topic: What to do when SEP IRA is only option?
Replies: 11
Views: 596

Re: What to do when SEP IRA is only option?

Number 3, then do an immediate conversion to Roth.
by DrGoogle2017
Thu Jan 11, 2018 11:08 pm
Forum: Personal Consumer Issues
Topic: Rick Steves - France (or some other tour company)
Replies: 15
Views: 1323

Re: Rick Steves - France (or some other tour company)

I’m following Rick Steves travel suggestion for the Dordogne area this year, no tour is necessary. I can take my time, instead of 2 tours of the art caves, I can do 4. I like to take my time and wandering around. Eat and stop anytime I want. Might have to rent a car in France too.
by DrGoogle2017
Thu Jan 11, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: How many years of fixed income for Sequence of Return Risk
Replies: 26
Views: 1934

Re: How many years of fixed income for Sequence of Return Risk

Have you take into account that you will get SS at some point?
by DrGoogle2017
Thu Jan 11, 2018 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Dual purpose Roth IRA(retirement/college) allocation question.
Replies: 16
Views: 527

Re: Dual purpose Roth IRA(retirement/college) allocation question.

One thing you may consider is that I believe a Roth IRA will count against you on following year's EFC financial aid form. I have read if you use this strategy to wait to use the Roth IRA in the final year of school. You mean the contribution? I didn’t think any retirement plan is counted. In fact ...
by DrGoogle2017
Thu Jan 11, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 67
Views: 3272

Re: Poll: BHs who rent - what % of gross do you spend on rent?

My daughter rent in the Bay Area, HCOL, but not the city, she’s paying less than 15%, it could be lower if you count the whole compensation package. She was adamant about keeping that limit with her roommate, fortunately they did find a nice apartment. Another daughter rent in nice area of SoCal nea...
by DrGoogle2017
Thu Jan 11, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 9882

Re: Trusts for adult Children

I like to analyze things to death, and ask a lot of questions, and am seldom so over-awed by the intelligence and expertise of the exalted professional that I take advice without a lot of questions about why that's the best path and what other possible solutions were rejected to come up with this a...
by DrGoogle2017
Wed Jan 10, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do with a 25 million windfall?
Replies: 47
Views: 2764

Re: What would you do with a 25 million windfall?

I would definitely spend some. Invest half in the stock market and half in CDs. Worry less, spend more mentality.
by DrGoogle2017
Wed Jan 10, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: Cars in college
Replies: 33
Views: 1437

Re: Cars in college

No car the first year for both kids. They used Zip car. But they did have a car the second year when they move off campus, but I think Uber is fine too.
by DrGoogle2017
Wed Jan 10, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: I'm Simply Not on the Same Plane As You
Replies: 25
Views: 4516

Re: I'm Simply Not on the Same Plane As You

Why CDs in Roth, that’s where you should have stocks.
by DrGoogle2017
Wed Jan 10, 2018 3:39 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 157
Views: 15350

Re: Anyone disenchanted with retirement?

When I was with the government, I also hated to leave at 5 pm. :oops: There is light at the end of the tunnel. GL. This part is fixed, at least where I work, and probably most other places (I'm a fed). Telework is all the rage these days, so you can just work from home (all of my employees have at ...
by DrGoogle2017
Wed Jan 10, 2018 3:11 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 157
Views: 15350

Re: Anyone disenchanted with retirement?

When I was with the government, I also hated to leave at 5 pm. :oops: There is light at the end of the tunnel. GL. This part is fixed, at least where I work, and probably most other places (I'm a fed). Telework is all the rage these days, so you can just work from home (all of my employees have at ...
by DrGoogle2017
Wed Jan 10, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 9882

Re: Trusts for adult Children

A question I have for HEMS, my lawyer said even though they specifically said that, I could say I withdraw money for HEMS, but there is really no checking to see whether I actually spend the money for HEMS. Is this correct? I’m thinking the HEMS is a front for bad actors, but not for the trustee who...
by DrGoogle2017
Wed Jan 10, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Bond Bear: Switch from bond funds to TSP G-Fund?
Replies: 7
Views: 402

Re: Bond Bear: Swithch from bond funds to TSP G-Fund?

When my husband was still working, I never put his cash in bond funds ever, only G fund. One reason I still keep his account, albeit a small amount, in case I change my mind and move his money back from Vanguard to TSP.
by DrGoogle2017
Wed Jan 10, 2018 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 9882

Re: Trusts for adult Children

@denovo, I believe the trustee is also the beneficiary in my trust. My husband and I are trustees now, when we expire, the kids will be trustees.