Search found 655 matches

by DrGoogle2017
Mon Dec 11, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 61
Views: 3990

Re: Done gone and did it [Retire]

Congrats! It’s a great feeling.
by DrGoogle2017
Mon Dec 11, 2017 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: help me predict investment return of my kid's IRA
Replies: 17
Views: 777

Re: help me predict investment return of my kid's IRA

I’m thinking it could be at least $100k base on what my kid’s original investment now and it’s only been 10 years. But she has been in the PRIMECAP funds.
by DrGoogle2017
Mon Dec 11, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: For those retired at least 10 years, what about the money?
Replies: 43
Views: 5551

Re: For those retired at least 10 years, what about the money?

The recent advent of joint replacement technology has created a ton of robust oldster who ride and play a lot in really old age. I know that back in the 1980s and before if you got a bad hip or bad knee you just lived with the pain and did not move around as much. So then they did not move around a...
by DrGoogle2017
Mon Dec 11, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: For those retired at least 10 years, what about the money?
Replies: 43
Views: 5551

Re: For those retired at least 10 years, what about the money?

Looks like no one can be sure to have won the game until the last day. I read once that the name of the game is not to die rich, it's not to die poor. I'm beginning to believe it. Now, all you have to do, is figure out the magnitude and timing of end-of-life health care expenses, black swans, etc.,...
by DrGoogle2017
Mon Dec 11, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: How easy is it to minimize tax liability yourself without a CPA/accountant?
Replies: 15
Views: 1244

Re: How easy is it to minimize tax liability yourself without a CPA/accountant?

It depends on how much time you are willing to invest. I did personal taxes for my kid and her business partner, but this year they have told me they are going with their CPA for business and personal tax filings. They are not even rich, but they prefer not to spend the time and deal with it. They a...
by DrGoogle2017
Sun Dec 10, 2017 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 153
Views: 9750

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
Sun Dec 10, 2017 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Does a Boglehead ever time the market?
Replies: 64
Views: 3692

Re: Does a Boglehead ever time the market?

Absolutely, we even have somebody with the handle Maket Timer.
by DrGoogle2017
Sun Dec 10, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 85
Views: 5772

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

I’ve always make sure my fridge is full. My kids never have to go hungry or start eating junk stuff or looking for trouble. It starts with a full stomach to make right decision everyday. Holidays are also full of food. The smell from home cooking will be in their memories for years to come. My big r...
by DrGoogle2017
Sun Dec 10, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 86
Views: 5071

Re: Quit jobs to gain lower EFC

Even if you get 5 on these APs but they are not acceptable to the program then it’s moot. IIRC, one of my daughters in CS received 48 AP credits, but only 8 units of Math were acceptable to her program. There are so many courses in sequence at her school that she has to follow regardless of the numb...
by DrGoogle2017
Sat Dec 09, 2017 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 170
Views: 9954

Re: Prepayment of SALT Taxes? [State and Local]

Thesaints wrote:
Sat Dec 09, 2017 5:27 pm
Then the 60c to mail a paper copy may turn out to be the best investment of 2017 :)
I never do efile anyway.
by DrGoogle2017
Sat Dec 09, 2017 6:07 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3123
Views: 917725

Re: What Movie Have You Recently Watched?

Cain Mutiny, another Humphrey Bogart movie.
by DrGoogle2017
Sat Dec 09, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 170
Views: 9954

Re: Prepayment of SALT Taxes? [State and Local]

You don’t have to break them out for which year. It’s in Schedule A, 5 or 8. There is no need for worksheet even.
by DrGoogle2017
Sat Dec 09, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Best FEDVIP dental insurance for braces/orthodontics
Replies: 7
Views: 448

Re: Best FEDVIP dental insurance for braces/orthodontics

I had GEHA and the admin at my dental place said the benefit was not as good as Delta Dental, so we changed to Delta Dental. Next year it will be the high coverage Delta Dental, coverage up to $30k. I’m not sure if we need it that high but we decided to pay the premium for next year.
by DrGoogle2017
Sat Dec 09, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 170
Views: 9954

Re: Prepayment of SALT Taxes? [State and Local]

How about this one: Let's say you do prepay state income taxes in 2017 for tax year 2018. The state correctly applies the payment to 2018. And for any number of reasons, including some that are hypothetical and cannot be discussed here, you find out, in February of 2018, that you can and do want to...
by DrGoogle2017
Sat Dec 09, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 170
Views: 9954

Re: Prepayment of SALT Taxes? [State and Local]

How about this one: Let's say you do prepay state income taxes in 2017 for tax year 2018. The state correctly applies the payment to 2018. And for any number of reasons, including some that are hypothetical and cannot be discussed here, you find out, in February of 2018, that you can and do want to...
by DrGoogle2017
Sat Dec 09, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 86
Views: 5071

Re: Quit jobs to gain lower EFC

Perhaps more straightforward Have your senior take a gap year. That then gives you full overlap. Your EFC with two kids in college is half for each kid. But...EFC is just the result of a formula. I don't know ANY schools that promise to meet full need as determined strictly by EFC. Most of the fift...
by DrGoogle2017
Sat Dec 09, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 86
Views: 5071

Re: Quit jobs to gain lower EFC

Ability to pay is taken into consideration for admissions at all but a hand-full of top tier institutions, for all but the most attractive applicants. After putting two kids through the system, I did NOT get that feeling. On the contrary, I recall reading statements on the college application websi...
by DrGoogle2017
Sat Dec 09, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5506

Re: Does this happen to you? Educating friends about personal finance

If they ask, I don’t mind telling them, I’m always willing to share what I know, I never hide anything, it’s not my personality. Sometime they don’t know. I know one of my brothers who contributed to IRA and didn’t even deduct from his tax, he told us when he went to see a CPA, that’s when he found ...
by DrGoogle2017
Sat Dec 09, 2017 11:15 am
Forum: Personal Consumer Issues
Topic: Planning A Trip to French Polynesia - (Society Islands)
Replies: 14
Views: 842

Re: Planning A Trip to French Polynesia - (Society Islands)

So, on islands like Tahiti, one should not do things cheap, right? So you have to stay in a resort, not in a 3-star hotel? At least that is my wife's theory. It’s up to you. But Tahiti has cheaper hotels. It’s Bora Bora Island that has expensive hotels. Plus if you spend all that time and money to ...
by DrGoogle2017
Sat Dec 09, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: Planning A Trip to French Polynesia - (Society Islands)
Replies: 14
Views: 842

Re: Planning A Trip to French Polynesia - (Society Islands)

We did add on New Zealand, and then Australia, made for a great honeymoon! I went to New Zealand on my honeymoon, plus two Hawaii Islands for free stop over. It was almost 30 years ago. It was great. But I’m not adding New Zealand this time because after a month away from home, I like to go back ho...
by DrGoogle2017
Sat Dec 09, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 170
Views: 9954

Re: Prepayment of SALT Taxes? [State and Local]

I have never had an audit. Did my own taxes for 40plus years. Somebody at work said he suspect the reason is I used TurboTax.
by DrGoogle2017
Sat Dec 09, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 153
Views: 9750

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

Traveling, more private tours
Art canvases and paint. They can be expensive for the good kind
Plants, exotic fruit trees, seeds, gardening stuff
Good furniture for both indoors/outdoors
by DrGoogle2017
Fri Dec 08, 2017 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Roth for my 16 y.o. child ??
Replies: 11
Views: 765

Re: Roth for my 16 y.o. child ??

Yes you can. My daughter only earned $1000plus when she she was 16, I invested in STAR mutual friend from Vanguard because of the low balance.
by DrGoogle2017
Fri Dec 08, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 170
Views: 9954

Re: Prepayment of SALT Taxes? [State and Local]

I’ve been prepaying property tax for a few years now. But this thread is so helpful is that I didn’t think about prepaying my husband’s dental treatment next year. I know it’s going to be huge, I need to call the dentist soon.
by DrGoogle2017
Fri Dec 08, 2017 7:44 pm
Forum: Personal Consumer Issues
Topic: Gift Giving Strategy for Married Couples
Replies: 20
Views: 1566

Re: Gift Giving Strategy for Married Couples

I buy small surprise gifts separate for fun but go out and get something with big ticket item that we can enjoy together.
Surprise gifts could be warm pajamas. Nothing expensive.
by DrGoogle2017
Fri Dec 08, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 86
Views: 5071

Re: Quit jobs to gain lower EFC

You can’t assume OP is fully invested in the stock market.
by DrGoogle2017
Fri Dec 08, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 86
Views: 5071

Re: Quit jobs to gain lower EFC

Haha, the gamers. I gamed my kids EFC through scholarship money.
by DrGoogle2017
Fri Dec 08, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 5290

Re: What do Bogleheads say when they don't want to spend money?

If my husband is not with me, I will say my husband is a Scrooge, doesn’t like to spend money. If he is with me, especially in a jewelry store, and I turn to ask him should I buy this or that, that’s a cue he should say no.
by DrGoogle2017
Fri Dec 08, 2017 12:58 pm
Forum: Personal Consumer Issues
Topic: Please suggest a dry hands product
Replies: 82
Views: 3312

Re: Please suggest a dry hands product

My husband has this problem lately, I suggested Aveeno Eczema Therapy moisturizing cream. Steroid and fragrance free. We got ours from Costco.
by DrGoogle2017
Fri Dec 08, 2017 1:09 am
Forum: Personal Consumer Issues
Topic: Planning A Trip to French Polynesia - (Society Islands)
Replies: 14
Views: 842

Re: Planning A Trip to French Polynesia - (Society Islands)

I’m going to these islands early next year, avoiding winter here in SoCal. Through my research, beware of mosquitoes, they can eat you alive. Air Tahiti is the local operator for flights in/out of Papeete. Taha’a has very reasonably price hotels, not as pricey as Moorea and Bora Bora, but it seems i...
by DrGoogle2017
Fri Dec 08, 2017 1:05 am
Forum: Personal Finance (Not Investing)
Topic: Question about IRMAA and first couple years of retirement
Replies: 17
Views: 1610

Re: Question about IRMAA and first couple years of retirement

Anybody have an idea how/if this works if you're self-employed? Thanks. You might want to open a solo 401k because any contribution to IRA will be added back to you AGI. That’s why it’s called Modified AGI. https://turbotax.intuit.com/tax-tips/irs-tax-return/what-is-the-difference-between-agi-and-m...
by DrGoogle2017
Thu Dec 07, 2017 11:12 pm
Forum: Personal Consumer Issues
Topic: Do you subscribe to digital newspapers?
Replies: 92
Views: 5413

Re: Do you subscribe to digital newspapers?

I have wsj online and my husband reads the newspaper version. I think he is paying $500 something per year. It’s worth it to me. Much more accurate news than some other newspapers that I rather not mention here.
by DrGoogle2017
Thu Dec 07, 2017 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: CPA: The best profession if you want to make the most money + keep the most money?
Replies: 58
Views: 5660

Re: CPA: The best profession if you want to make the most money + keep the most money?

You come to the right forum, you are “money” focus. But seriously, my sister is a CPA, she is the poor one in my family. I laughed when my brother said one of his sons said the same thing.
by DrGoogle2017
Thu Dec 07, 2017 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Which to do - Roth conversion or LTCG?
Replies: 21
Views: 936

Re: Which to do - Roth conversion or LTCG?

I’ve been looking at this, with inherited IRA, it can be stretched. With Roth IRA, my hiers have to withdraw within 5 years. .......................... Why do you think Roth IRAs can't be stretched too? Got a link? Here is the link, note the RMD for Roth is after initial IRA owner’s death. https://...
by DrGoogle2017
Thu Dec 07, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Which to do - Roth conversion or LTCG?
Replies: 21
Views: 936

Re: Which to do - Roth conversion or LTCG?

I’ve been looking at this, with inherited IRA, it can be stretched. With Roth IRA, my hiers have to withdraw within 5 years. .......................... Why do you think Roth IRAs can't be stretched too? Got a link? Here is the link, note the RMD for Roth is after initial IRA owner’s death. https://...
by DrGoogle2017
Thu Dec 07, 2017 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Which to do - Roth conversion or LTCG?
Replies: 21
Views: 936

Re: Which to do - Roth conversion or LTCG?

I’ve been looking at this, with inherited IRA, it can be stretched. With Roth IRA, my hiers have to withdraw within 5 years. .......................... Why do you think Roth IRAs can't be stretched too? Got a link? Here is the link, note the RMD for Roth is after initial IRA owner’s death. https://...
by DrGoogle2017
Thu Dec 07, 2017 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Making Best Use of Being in 15% Income Tax Bracket This Year
Replies: 20
Views: 2516

Re: Making Best Use of Being in 15% Income Tax Bracket This Year

Can you convert IRA to Roth Penalty free if you are younger than 59.5. I’m not sure if this is ok. You may have to pay 10% penalty.
by DrGoogle2017
Thu Dec 07, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Which to do - Roth conversion or LTCG?
Replies: 21
Views: 936

Re: Which to do - Roth conversion or LTCG?

I’ve been looking at this, with inherited IRA, it can be stretched. With Roth IRA, my hiers have to withdraw within 5 years. Which is better worse? Or better? I think if you think you are going to live long then Roth is better, if not inherited IRA is better. I run my Roth simulation until I’m 90 an...
by DrGoogle2017
Thu Dec 07, 2017 4:28 pm
Forum: Personal Consumer Issues
Topic: selling an older car on eBay-no bites!
Replies: 65
Views: 4545

Re: selling an older car on eBay-no bites!

I just gave a 20 year car away because I knew I would net less than $500 if I were to sell it. Very good car, nothing wrong with it and 4 brand new tires. Liability is a good enough reason not to sell to anybody, but donation is ok. I think my guess is right because I have not receive anything from...
by DrGoogle2017
Thu Dec 07, 2017 1:16 pm
Forum: Personal Consumer Issues
Topic: Okay come clean....How man people share passwords for streaming services?
Replies: 41
Views: 1538

Re: Okay come clean....How man people share passwords for streaming services?

My daughter has an account and she let us and her sister share her account. We rarely watch anything on Netflix, but we do watch some shows around Xmas when they are all here.
by DrGoogle2017
Thu Dec 07, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: Work from Home Jobs
Replies: 21
Views: 2758

Re: Work from Home Jobs

I got to work at home for about 10 years total for 3 different comapnies but I had to start working in these companies in person first, then they trusted me before I was able to work at home. Also I rarely travelled, one of the conditions I made before accepting the job. If company let you work at h...
by DrGoogle2017
Thu Dec 07, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Timing the housing market
Replies: 32
Views: 2026

Re: Timing the housing market

I think these kinds of predictions are often not correct, like last year regarding the stock market if somebody was elected.
by DrGoogle2017
Thu Dec 07, 2017 11:47 am
Forum: Personal Consumer Issues
Topic: 4WD necessary/recommended on Big Island, HI
Replies: 34
Views: 1959

Re: 4WD necessary/recommended on Big Island, HI

We rented an SUV so we can be higher up and see better, glad we did. It was an upsell though. We took one of those boat tours to Captain Cook and snorkeling there was one of the best experience. I got lost swimming there and got close to the rock, lost control, and accidentally touch one of those po...
by DrGoogle2017
Thu Dec 07, 2017 10:47 am
Forum: Personal Consumer Issues
Topic: It's that time of year again... buying christmas gifts
Replies: 70
Views: 5677

Re: It's that time of year again... buying christmas gifts

I don’t mind spending money buying Xmas gifts, I just don’t like the stress of buying gifts, I don’t even know what I want, how does anybody know what to buy for me. I don’t like my kids to be stressed out buying gifts either. However, I do spend a lot of money on food. I try to create a good atmosp...
by DrGoogle2017
Thu Dec 07, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 170
Views: 9954

Re: Prepayment of SALT Taxes? [State and Local]

I wonder if you have to register to pay 2018.
by DrGoogle2017
Wed Dec 06, 2017 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 170
Views: 9954

Re: Prepayment of SALT Taxes? [State and Local]

I have overpaid (somewhat by accident) my 2017 SALT. And I deliberately paid about 60% of my 2018 SALT this month in order to deduct it all in 2017. I am a 'cash' taxpayer, and pay taxes on what goes in and out in each year. I will DEDUCT every penny I paid in 2017 and 2018 estimated taxes on my 20...
by DrGoogle2017
Wed Dec 06, 2017 9:55 pm
Forum: Personal Consumer Issues
Topic: Lowering My Grocery Bill
Replies: 110
Views: 6934

Re: Lowering My Grocery Bill

Gluten free pasta tastes horrible. Rice and beans are gluten free and much cheaper. Protein and steamed vegs are probably healthier. For breakfast, eggs and bacon. Simple. Food tastes and choices are an area where you can speak only for yourself. I disagree with your first and last sentences; altho...
by DrGoogle2017
Wed Dec 06, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Taxes
Replies: 17
Views: 1942

Re: Side Hustle Taxes

I don't think the business aspect makes any changes to taxes. One would still file Schedule C as a Sole Proprietary whether one had called it a business or not, right? For instance, a solo 401(k) can be used by that sole proprietorship without registering the business anywhere. Anecdotal data says ...
by DrGoogle2017
Wed Dec 06, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 144
Views: 7743

Re: Do people still use AAA?

I still have AAA, the only time I used it in the past is when I used a rental car.