Search found 555 matches

by kd2008
Tue Jul 10, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance for Couple Early Retirement
Replies: 29
Views: 2279

Re: Health Insurance for Couple Early Retirement

Consider the first year as a penalty year. So pay the highest premium needed but use that year to manage income for following years such that you can receive highest ACA subsidy. In fact he should have used COBRA months to do it already. It will end up costing tens of thousands of dollars more than ...
by kd2008
Thu Jun 28, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard is really pushing their Personal Adviser Service
Replies: 65
Views: 6201

Re: Vanguard is really pushing their Personal Adviser Service

I am confused. I understand Rick Ferri's point. Does OP want financial planning advice or investment advice or both for his/her sister? You can always get an evaluation with initial consultation of PAS then decline to sign up for the service. Not ideal but Vanguard has no hard feelings about this. I...
by kd2008
Wed Jun 20, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: Medicare Plan F - HD question
Replies: 4
Views: 361

Re: Medicare Plan F - HD question

There are more benefits paid than just the 20% of Part B expenses. There are Part A copays and skilled nursing copays among several other benefit categories. High Deductible Plan F pays all expenses after the insured has paid out of pocket up to the deductible level. So you are essentially confirmi...
by kd2008
Wed Jun 20, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: Medicare Plan F - HD question
Replies: 4
Views: 361

Medicare Plan F - HD question

I believe currently for 2018, Medicare Plan F - High Deductible plan has a deductible of $2240. I would like to know why is term "deductible" used here. Technically, Part B covers 80%. Plan F only starts covering remaining 20% after $2240 have been paid by you. In the non-medicare world, deductible ...
by kd2008
Sun Jun 03, 2018 7:11 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 51813

Re: How much money do you want to retire?

Either I live in a bubble where I see people retire with few hundred thousand dollars to their name or this thread is a demonstration that people know lot about investing and literally nothing about retiring ... :?
by kd2008
Sat Jun 02, 2018 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Plan review [2018 edition]
Replies: 8
Views: 520

Re: Plan review [2018 edition]

I calculated the scenario where I have long survivorship with a PV value analysis. I came up with needing 556K as my portfolio balance at the max. This includes max 23 years to be funded till Widower's benefit and post age 60, widower's benefit plus portfolio withdrawal. And also Eventually my SS pl...
by kd2008
Fri Jun 01, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Plan review [2018 edition]
Replies: 8
Views: 520

Re: Plan review [2018 edition]

Hello OP, If it were me, I would think the key to your planning will be the younger spouse's finances and longevity. When does younger spouse wish to retire? If younger spouse retires before 60, then he/she may not be eligible for SS widow(er) benefits for some time and will need to fund expenses t...
by kd2008
Fri Jun 01, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Plan review [2018 edition]
Replies: 8
Views: 520

Re: Plan review [2018 edition]

I ran your numbers through CFIRESim. Based on spouse retiring in 2018, taking $24.3k social security in 2032, and current portfolio at default allocation the simulation estimates 95% success with annual spending of $39.5k (adjusted for inflation). If you have SS or continue to work, that number wou...
by kd2008
Fri Jun 01, 2018 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Plan review [2018 edition]
Replies: 8
Views: 520

Re: Plan review [2018 edition]

Nice and thorough spreadsheet. There are a couple thoughts that come to mind: 1) Since you are calculating everything in nominal dollars, your expenses should be bumped up by 2.5% for each year spouse works. EDIT: I see that these are real dollars, so my 1 and 3 don't apply. 2) the 4% rule was esta...
by kd2008
Fri Jun 01, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Plan review [2018 edition]
Replies: 8
Views: 520

Plan review [2018 edition]

I have had quite a few changes over the past few months. As I set sail on this new course, I would like a plan review. Our portfolio is age appropriate 3 fund. Emergency funds not included in asset allocation below Mortgage of 62K on current home. Car loan of 16K. Other Car and Condo paid off. Tax F...
by kd2008
Sat May 26, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: medicaid as early retirement medical insurance (or maybe Obamacare)
Replies: 41
Views: 3818

Re: medicaid as early retirement medical insurance (or maybe Obamacare)

2018 ACA Federal Poverty Level: 1 person = $12,060, 2 persons = $16,240, etc... 1 Person FPL levels: 100% = $12,060, 138% = $16,643, 150% = $18,090 Some basic Medicaid/ACA rules: Medicaid expansion state No Medicaid asset tests ACA eligibility 138% FPL ACA maximum subsidy/cost sharing reduction (CS...
by kd2008
Sat Apr 07, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: GEICO rate increase: 49% annualized?!
Replies: 43
Views: 4115

Re: GEICO rate increase: 49% annualized?!

We are bogleheads. We like to go to data source. Not go by data anecdote over which insurance provider is cheaper. OP, please check your state insurance commission webpage on which insurance company is cheapest for standard insured driver. For example, here in Oklahoma, we have this page: https://ww...
by kd2008
Thu Apr 05, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred income annuities question
Replies: 4
Views: 377

Re: Deferred income annuities question

So my spouse is 56 yrs old. Eligible for $26K in SS at age 70 in today's money. Our expenses are roughly twice that of his SS. Can be reduced to 1.5x if needed. So for kickers I priced a deferred income annuity with single life for him. If bought today, payment starting when he is 70 for the differ...
by kd2008
Thu Apr 05, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred income annuities question
Replies: 4
Views: 377

Deferred income annuities question

So my spouse is 56 yrs old. Eligible for $26K in SS at age 70 in today's money. Our expenses are roughly twice that of his SS. Can be reduced to 1.5x if needed. So for kickers I priced a deferred income annuity with single life for him. If bought today, payment starting when he is 70 for the differe...
by kd2008
Sat Mar 03, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5404

Re: Laid off ...next steps

You right about anchoring bias. I need to work on addressing it.

Higher paying job will most likely be outside my state. So it will come at cost.

Right now I am ok with the pay-PTO balance this job offers.

I am giving it a shot and seeing how it all works out.
by kd2008
Sat Mar 03, 2018 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5404

Re: Laid off ...next steps

Hello everyone, I am glad to announce that I have been offered a job at a year old start up in the same city I live in. I have decided to accept it. The pay cut will be about 25% (33% with the loss of 401k matching and equity payouts). But I will get the opportunity to be a part of dynamic team and ...
by kd2008
Mon Feb 19, 2018 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Considering move to Tulsa, OK
Replies: 21
Views: 2539

Re: Considering move to Tulsa, OK

It is a great little hidden gem. You will like it. Affordability in everything means your dollar will go far.
by kd2008
Sun Feb 18, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5404

Re: Laid off ...next steps

Thank you for all the great advice and for sharing your experiences. After the shock, I am just starting to access my emotions. They are raw. Surprisingly, I am not looking back and wondering if I could have done anything differently. I do tense up about future "lack" of opportunities. I am trying t...
by kd2008
Sat Feb 17, 2018 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5404

Re: Laid off ...next steps

4. Re: company paid COBRA: Keep in mind that involuntary loss of coverage is a qualifying event to enroll off-cycle on the state exchange OR on a spouses' private plan WITHIN 60 days. Accepting 6 months of COBRA will override the qualifying event and after 6 months (when it comes time for you to pa...
by kd2008
Fri Feb 16, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5404

Re: Laid off ...next steps

Thank you for all the encouraging words.

It is hard for me to enjoy my time "off" right now.

I am definitely trying to structure my day. It has been a helpful technique.
by kd2008
Fri Feb 16, 2018 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Laid off ...next steps
Replies: 31
Views: 5404

Laid off ...next steps

I got laid off on Tuesday. Our small satellite office of 4 people got shut down and everyone was let go. I am 36 and this is my first time experience with this event. Financially I am ok. I have money in high yield savings accounts that amounts to 1 year worth of expenses. My retirement pile is abou...
by kd2008
Thu Jan 25, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Two commas for a day
Replies: 14
Views: 2336

Re: Two commas for a day

I remember thinking about this circa 2000. Be careful. The number you see on your brokerage statement has a dollar sign in front of it, but it is not dollars . It is the dollar value your investment would have if you sold it today. Now, thanks to the miracle of mutual fund daily redemption and/or a...
by kd2008
Wed Jan 17, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 198
Views: 16498

Re: Stats on When People Take Social Security

So here is my question for the discussion: How much do people take out over their lifetimes based upon when they take social security? This data seems harder to find doing an internet search. http://www.politifact.com/truth-o-meter/article/2013/feb/01/medicare-and-social-security-what-you-paid-what...
by kd2008
Mon Jan 15, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Monthly reports from Madsinger
Replies: 2
Views: 334

Monthly reports from Madsinger

I did not see a monthly report from madsinger at the start of Jan. If he did post, could someone please share the link? I couldn't find it by using the search bar.

Thanks!
by kd2008
Mon Jan 15, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: PTO policy after international business travel
Replies: 53
Views: 3572

Re: PTO policy after international business travel

I travel to India usually twice a year. When traveling I do not try to sleep 8 hours continuously, but split my sleep into chunks - some in the evening, some at night, afternoon if there is one available etc. When I return, I try to bring the chunks back into 8 hr continuous segment in a few days. M...
by kd2008
Sun Jan 14, 2018 7:54 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 8855

Re: Heading for a top?

It doesn't always have to be a crash. 2011 and end of 2015- start of 2016 provided healthy corrections. We may get one in future. Considering the Fed is very gradually going to reduce its balance sheet, liquidity will be lowered in coming years. Asset prices will have to support themselves rather th...
by kd2008
Mon Jan 08, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 406
Views: 154746

Re: Retiree Portfolio Model

Thank you very much for this excellent tool! Wonderful indeed! I am trying to model a scenario where one spouse is retired and the other is still working with contributions to IRA and 401k etc. Is it possible to model this? I was able to input working spouse income in the pension 2 but the tool assu...
by kd2008
Tue Jan 02, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1934
Views: 349311

Re: What are you up YTD? [Year To Date]

2017: AA 82.5/17.5 with 67/33 Domestic/International split for Stocks

Returns: 18.275%
Stocks: 21.25%
Bonds: 4.25%

I was actually impressed with bond returns especially given the rising rate environment.
by kd2008
Wed Dec 27, 2017 2:23 am
Forum: Investing - Theory, News & General
Topic: This is Unbelievable - another Vanguard customer support odyssey
Replies: 59
Views: 12326

Re: This is Unbelievable - another Vanguard customer support odyssey

Vanguard funds are still one of the best. If you do not like their brokerage services, then choose someone else. https://thefinancebuff.com/who-manages-your-investments-versus-who-manages-your-accounts.html Old style Mutual fund accounts are going away one way or the other. It is best to seperate ou...
by kd2008
Mon Dec 18, 2017 10:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard year end distributions - updated estimates
Replies: 77
Views: 11632

Re: Vanguard year end distributions - updated estimates

livesoft wrote:
Mon Dec 18, 2017 6:17 pm
Yes, I have a very good idea, but the thread will get locked if I tell you.
LOL. I guessed it from your answer. How pathetic that companies do this!
by kd2008
Mon Dec 18, 2017 6:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard year end distributions - updated estimates
Replies: 77
Views: 11632

Re: Vanguard year end distributions - updated estimates

Total International Admiral (VTIAX) dividend is increasing from $0.209/share (in Dec 2016) to $0.28/share. That is a big increase.

Total Stock market Admiral (VTSAX) dividend is decreasing from $0.354/share (in Dec 2016) to $0.30/share. That is a big drop.

Any idea why this might be happening?
by kd2008
Fri Dec 08, 2017 1:03 am
Forum: Personal Consumer Issues
Topic: Gift Giving Strategy for Married Couples
Replies: 20
Views: 1905

Re: Gift Giving Strategy for Married Couples

As we age, we find gift giving to each other a tad harder. But it also forces us to observe our loved ones even more closely as they go about their life. One year it was a set measuring cups from williams sonoma. Nothing wrong with the ones we had before. Receiving these really nice ones made me fee...
by kd2008
Fri Dec 01, 2017 12:45 am
Forum: Personal Finance (Not Investing)
Topic: medicare premium amount
Replies: 51
Views: 5456

Re: medicare premium amount

Well, I hope come tax time, the software can handle it. :D
by kd2008
Thu Nov 30, 2017 11:51 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 9415

Re: Does it make sense to drop health insurance?

Before we get anymore righteous, indignant or nutty, please let us step back a bit and see the bigger picture. Many large companies that self-insure run what I call mini pools of universal coverage. Any employee and their family can join. The employer share of premiums is not paid out if you choose ...
by kd2008
Thu Nov 30, 2017 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: medicare premium amount
Replies: 51
Views: 5456

Re: medicare premium amount

Interesting question that I hadn't though of. I don't know the answer. I'm not even comfortable leaning one way or the other. On one hand you are simply reimbursing for a legitimate qualified medical expense, but I get your concern over the pre-tax nature of you share of the premium. I'm not even s...
by kd2008
Thu Nov 30, 2017 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: medicare premium amount
Replies: 51
Views: 5456

Re: medicare premium amount

Spiritrider, What is included in the employee share of premiums for employer-sponsored health insurance , including premiums for employer sponsored retiree health insurance ? I have friends where Spouse A is retiring and is 65+, not on medicare and he has spousal coverage of "employer-sponsored hea...
by kd2008
Thu Nov 30, 2017 12:07 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund Dividend Trivia [qualified vs non-qualified]
Replies: 3
Views: 323

Re: Mutual Fund Dividend Trivia

1. Oh yes! If you have TLHed on the pastthen you know this will come into the picture for sure. There are many threads that discussed this in the past. 2. Yes, I pay attention to it simply because I have a record of all transactions and look at it before making TLH transactions. Before making TLH de...
by kd2008
Sun Nov 26, 2017 4:58 am
Forum: Personal Finance (Not Investing)
Topic: medicare premium amount
Replies: 51
Views: 5456

Re: medicare premium amount

One can also use an HSA to reimburse FEHB insurance payments (or any other health insurance you're paying) after 65 years old. Thanks to Spirit Rider who pointed this out in a thread here a year or so ago. I still haven't figured out if I can reimburse myself with our HSA for my wife's coverage und...
by kd2008
Sun Nov 12, 2017 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare [Can I contribute to a Health Savings Account?]
Replies: 27
Views: 2354

Re: Medicare

OP, Here is a good primer: https://www.medicareinteractive.org/get-answers/types-of-medicare-advantage-plans-hmos-ppos-and-more/health-savings-accounts-hsas-and-medicare/health-savings-accounts-hsas-and-medicare Finally, if you decide to delay enrolling in Medicare, make sure to stop contributing to...
by kd2008
Mon Nov 06, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Social Security - general question
Replies: 44
Views: 5622

Re: Social Security - general question

OP,

Please read this article as it answers all your questions and provides the requisite spreadsheet to play around.

Retiring Early: Effect On Social Security Benefits
by kd2008
Wed Nov 01, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: Gyms with well maintained swimming pool, that aren't Equinox?
Replies: 14
Views: 1389

Re: Gyms with well maintained swimming pool, that aren't Equinox?

Might want to call a few nice hotels in your area. My wife and kids did this a few winters ago, and they got a family monthly pass for $99/month. Best part if you can go during the weekday, there is usually nobody else there Thank you for this valuable information. Could you please let us know what...
by kd2008
Thu Oct 26, 2017 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: HSA worth it in this case?
Replies: 7
Views: 1108

Re: HSA worth it in this case?

https://thefinancebuff.com/not-all-high-deductible-plans-hsa-eligible.html Please read this article first to understand what makes a HDHP plan eligible for an HSA. Don't go by what HR says. Read your plan documents. Per IRS Minimum annual deductible for HDHP is $1350 for 2018. https://www.irs.gov/pu...
by kd2008
Thu Oct 26, 2017 2:05 pm
Forum: Personal Consumer Issues
Topic: Medicare Supplement Plan F or Plan F High Deductible
Replies: 14
Views: 1548

Re: Medicare Supplement Plan F or Plan F High Deductible

So, putting aside the $183 for a moment, if you pay up to $2200 out of pocket, then you would pay up to $11K in total medical billing ($11K * 20% = $2200). So, you pay $2200 and the Plan pays $8800 (worst case scenario). Is that correct? That is correct for Part B charges, but not Part A. You reall...
by kd2008
Wed Oct 25, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 77
Views: 7668

Re: Medicare Advantage vs. Supplemental

There may be spikes of medical costs in certain years but on average you may come out ahead especially if you have (hopefully many) good years upfront. I am now reaching the conclusion that we should salt away several hundred dollars per month and build it up to be ready in case we incur the up to ...
by kd2008
Wed Oct 25, 2017 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 77
Views: 7668

Re: Medicare Advantage vs. Supplemental

So I'm not sure why Plan F or G plus Part D is better (or even as good) in this regard. You have a fixed monthly cost in premiums that covers medical services without any out of pocket for plan F or just about $200 for plan G. Drugs cost extra and hopefully part D helps out a lot. No worries about ...
by kd2008
Tue Oct 24, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 77
Views: 7668

Re: Medicare Advantage vs. Supplemental

If you have documented the net medical cost (premiums, copays, deductibles, plan covered expenses etc) in the 10 years leading into Medicare eligibility, it will help you understand your frequency of needs and severity of needs for medical care. I have asked so many in there mid-50s to start doing t...
by kd2008
Fri Oct 13, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review [2017 edition]
Replies: 5
Views: 922

Re: Portfolio review [2017 edition]

Thank you for the feedback. 3) For the 2nd 401k, there may be an option to eventually Roth it via after-tax and mega back door. I am not sure yet as it is new. If one is available, should I prefer that for the longer term? Since this is a short term engagement of few years, I am reluctant to rock th...
by kd2008
Wed Oct 11, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review [2017 edition]
Replies: 5
Views: 922

Re: Portfolio review [2017 edition]

Thank you for the feedback. HSA cash portion is the minimum requirement. Sadly can't get around it.
by kd2008
Wed Oct 11, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: High Deductible Health Insurance vs Medicare Part A
Replies: 5
Views: 726

Re: High Deductible Health Insurance vs Medicare Part A

This is what I found online http://www.bernardhealth.com/woofstreetjournal/bid/106178/How-to-Disenroll-from-Medicare-Part-A For those turning 65 and enrolling in Medicare for the first time, there are times when enrolling in Medicare Part A may not the best strategy. For individuals who continue to ...