Search found 1009 matches

by DrGoogle2017
Sat Jan 20, 2018 1:40 pm
Forum: Personal Consumer Issues
Topic: Roth conversion in 2018 - makes more sense now?
Replies: 1
Views: 33

Re: Roth conversion in 2018 - makes more sense now?

If you are still working, ie have income, it may not make sense. It makes sense for others who are already retired, have no working income,ie lower tax bracket.
by DrGoogle2017
Sat Jan 20, 2018 1:33 pm
Forum: Personal Consumer Issues
Topic: Finding Best USA-To-Europe FLIGHT When Dates Are Not Limiting Factor?
Replies: 17
Views: 1002

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. +1 - we (self and DW) booked our summer vacation (first 2 weeks of June) last month with Norwegian. LAX to ROME - total $540 for both and then back PRAGUE to LAX - total $681 for both - tickets are no frill - no chec...
by DrGoogle2017
Sat Jan 20, 2018 1:25 pm
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 183
Views: 14964

Re: Save all this money, what do you splurge on?

I read a quote once that said " Money spent on travel makes you richer ," or something to that effect. I would totally agree. We splurge on travel, go high-end when we do, and try to go as frequently as we can. That said, we keep a list of places we'd like to see, and then watch for great airfare a...
by DrGoogle2017
Fri Jan 19, 2018 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Keeping it in a shoe-box is a safer AA
Replies: 29
Views: 2240

Re: Keeping it in a shoe-box is a safer AA

It depends how it was set up.
by DrGoogle2017
Fri Jan 19, 2018 10:04 pm
Forum: Personal Consumer Issues
Topic: Costco Citi removing Foreign Transaction Fees; No Fee/Reimbursed Fee International ATM; ; Free International Data
Replies: 33
Views: 2708

Re: Costco Citi removing Foreign Transaction Fees; No Fee/Reimbursed Fee International ATM; ; Free International Data

Where do you go to get ATM for PenFed, any bank? I’m in Hawaii right now, I might test it out. I also need to get some foreign money, going to Tahiti next, maybe this is a better solution than having to pay high fee to convert my cash. Plus I need to withdraw my cash first which is another transact...
by DrGoogle2017
Fri Jan 19, 2018 6:30 pm
Forum: Personal Consumer Issues
Topic: Costco Citi removing Foreign Transaction Fees; No Fee/Reimbursed Fee International ATM; ; Free International Data
Replies: 33
Views: 2708

Re: Costco Citi removing Foreign Transaction Fees; No Fee/Reimbursed Fee International ATM; ; Free International Data

If this is true, I can get rid of my PenFed cards. They are serving as back up. You may also be able to use them as backup to your ATM card. At least some PenFed cards also have a no cash advance fee. I have the PIN for my PenFed card so that it can be used to get a cash out of an ATM with no advan...
by DrGoogle2017
Fri Jan 19, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Help Me Spend $900.00 Unused FSA Dollars
Replies: 37
Views: 2133

Re: Help Me Spend $900.00 Unused FSA Dollars

I always put in large amount and I used them all. There was not a single year that I lost on anything. It’s not a scam.
by DrGoogle2017
Thu Jan 18, 2018 9:42 pm
Forum: Personal Consumer Issues
Topic: Family Balance and Children's Athletics
Replies: 35
Views: 2002

Re: Family Balance and Children's Athletics

I used to drive my oldest child to swim meet. Second child really liked water sport but she told me she didn’t want to take up swimming as a sport. I think probably the effect of tagging along with us as a family for her sister’s sport.
by DrGoogle2017
Thu Jan 18, 2018 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 164
Views: 10179

Re: Stats on When People Take Social Security

There are some of us who have a valid reason to believe we will not survive to our 80s. The actuarial tables may be valid for the total population, but perhaps not for some who already have chronic diseases. That is absolutely correct. In addition to having a chronic disease yourself, your genes co...
by DrGoogle2017
Thu Jan 18, 2018 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Job terminated. Convert small pension to lump sum or annuity?
Replies: 18
Views: 1443

Re: Job terminated. Convert small pension to lump sum or annuity?

I would roll it over to an IRA. $100 a month is not going to much when you retire.
by DrGoogle2017
Thu Jan 18, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: 4k UHD TVs worth it?
Replies: 53
Views: 3057

Re: 4k UHD TVs worth it?

I will upgrade at the end of the year. Maybe Black Friday. I’m now keeping track of the prices from Costco.
by DrGoogle2017
Thu Jan 18, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Can We Retire in Hawaii? Please Critique
Replies: 140
Views: 11103

Re: Can We Retire in Hawaii? Please Critique

I thought about buying 3 acres in the Big Island, back in 2001 and 2002 time frame, it was my dream to live off the grid. Back then it was only about $20k for 3 acres. But after doing more reasearch, I decided not to pursue it. Cheap housing attracts different kind of people. Drugs were my concern. ...
by DrGoogle2017
Thu Jan 18, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 164
Views: 10179

Re: Stats on When People Take Social Security

If your account is depleted after 8 years then you should take it at 62. But for me taking at 62, I get about $1800 per month, less than $24k per year, that’s about $192k for 8 years. It’s not a huge amount for some portfolio. Plus I will pay tax on that amount. At 15% for about $20k( only 85% is t...
by DrGoogle2017
Wed Jan 17, 2018 2:51 pm
Forum: Personal Consumer Issues
Topic: Travel to Rome Italy - Recommendations
Replies: 23
Views: 1433

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: 164
Views: 10179

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: 23159

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: 17
Views: 1002

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: 7778

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: 164
Views: 10179

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: 164
Views: 10179

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: 23159

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: 6917

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: 164
Views: 10179

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: 724

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: 43
Views: 4647

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: 1124

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: 23159

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: 4455

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: 1969

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: 2876

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: 4455

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: 1210

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: 1210

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: 4455

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: 4455

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: 1950

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: 877

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: 1210

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: 1210

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: 4455

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: 2402

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: 2642

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: 2330

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 - Theory, News & General
Topic: Avoiding being priced out in Los Angeles by buying the stock market
Replies: 27
Views: 3706

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: 4455

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: 2642

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: 4448

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.