Search found 137 matches

by DarthSage
Sat Feb 17, 2018 7:03 am
Forum: Personal Consumer Issues
Topic: Vacation in May. Boston, Martha's Vineyard, Ogunquit (cancelled Bar Harbor)
Replies: 29
Views: 1813

Re: Vacation in May. Boston, Martha's Vineyard, Bar Harbor

Agree with everybody else that Bar Harbor is a stretch for this trip. It’s a solid 6 hour drive, and holiday traffic can make that worse... especially the NH seacost stretch.(and I say that as somebody who could live in bar harbor... been at least 5 times) Plus you can easily spend a week or two in...
by DarthSage
Fri Feb 16, 2018 10:58 am
Forum: Personal Consumer Issues
Topic: Vacation in May. Boston, Martha's Vineyard, Ogunquit (cancelled Bar Harbor)
Replies: 29
Views: 1813

Re: Vacation in May. Boston, Martha's Vineyard, Bar Harbor

Love visiting Boston--tons to do! First off, if you haven't already booked a hotel, do it now. Seriously--stop reading, book it, and come back. Our DD graduated from BU last year, and I booked the hotel 364 days out. We stayed at the Westin Copley Place, and were grateful to pay full price. We didn'...
by DarthSage
Wed Feb 14, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3249

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

I wouldn't pay for it outright--you will be (rightfully) accused of going against your own plan, and playing favorites. I would bet money on at least one sibling feeling shorted somehow. Instead, I would consider loaning her the money at a reasonable interest rate. Draw up loan papers and keep track...
by DarthSage
Tue Feb 13, 2018 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16655

Re: Number at which to stop worrying

I realized some time back that I have money anxiety that won't ever go away. If I hit the Gigantic Lottery tomorrow (tricky feat, given that I don't buy tickets), I would STILL have money anxiety. That said, part of me knows that we're just fine--2-comma club, DH has a 6-figure career that he loves ...
by DarthSage
Fri Feb 09, 2018 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15660

Re: free dinner investing seminar

I'd skip going to one of these out of fear that my attendance would flag me as a "live body" ripe for a ton of follow-up calls, emails, and junk mail for the next decade. Not worth it if that happens. This was my concern, as well. Not that I would succumb to their dubious charms, but that, in RSVP-...
by DarthSage
Thu Feb 08, 2018 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Dad gave me money before filing bankruptcy
Replies: 24
Views: 4302

Re: Dad gave me money before filing bankruptcy

OP, have you considered repaying your father's gift? Irrespective of the legalities and lookback period and all, I couldn't sleep at night, knowing I had taken my father's money, and now he was in such bad straits as to be filing bankruptcy. Now, maybe the $40k is a drop in the bucket as far as your...
by DarthSage
Tue Feb 06, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Fairest way to divide inherited assets
Replies: 36
Views: 22097

Re: Fairest way to divide inherited assets

We are in the process of settling MIL's estate. When I say "we", it's really just DH and his brother, I try to stay out of it, but obviously, it's a big deal. First off, be aware that estate disbursement may well take place in stages. Unless your surviving parent dies in his/her sleep, there may wel...
by DarthSage
Mon Feb 05, 2018 3:21 pm
Forum: Personal Consumer Issues
Topic: What is the best place to buy pet food online?
Replies: 28
Views: 2011

Re: What is the best place to buy pet food online?

Another fan of Chewy.com. We get special food for a cat with sensitive skin. I can buy it locally, but only in smaller bags (we have 3 cats and feed them all the same stuff). The same cat also needs kitten food--he was severely underweight--which is cheaper, almost always available, and I can buy it...
by DarthSage
Sun Feb 04, 2018 7:58 am
Forum: Personal Consumer Issues
Topic: Cheapest funeral options
Replies: 40
Views: 3019

Re: Cheapest funeral options

Whatever way you go, make sure you leave clear instructions with your family. My MIL died recently--she had wanted to donate her body to science, but for various reasons, this didn't work out. But, we all knew she was super cheap, as are we, the next generation. She would send us articles about chea...
by DarthSage
Fri Feb 02, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Help with House Selling and Buying situation, school districts
Replies: 20
Views: 933

Re: Help with House Selling and Buying situation, school districts

As someone with an Autism Spectrum son (he's 26 now) I offer a different answer. Select the very best school for your children and make the rest work. You will likely spend thousands in the future to help them navigate life and the best short term thing you can do is get the best help for free (inc...
by DarthSage
Sun Jan 28, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: starter IRA for my son?
Replies: 19
Views: 1134

Re: starter IRA for my son?

Another idea, if your son is having trouble finding the money for an IRA, is you could offer to match him, dollar for dollar, for the first 3? 5? years. Something to get him started. I’ve read about parents matching contributions before. To clarify- parents can only match up until the amount the ch...
by DarthSage
Sat Jan 27, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: April vacation for 2 families
Replies: 13
Views: 1052

Re: April vacation for 2 families

Myrtle Beach. The ocean might not be warm enough for swimming, but there are a ton of resorts with indoor and outdoor heated pools--plus, the beach is right there. You can rent different sized condos, 1-4 bedrooms. Lots to do in the area. Some resorts have mini-golf, water slides, lazy rivers, and s...
by DarthSage
Fri Jan 26, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Trip cancellation insurance
Replies: 47
Views: 2324

Re: Trip cancellation insurance

Well, we have a big trip to Europe coming up this summer, and we bought trip insurance. Why? A few reasons--one, we're traveling with children. On past trips, we've had kids get sick--not "needs to be airlifted" sick, thank God, but it's happened to us, more than once. Secondly, our oldest daughter ...
by DarthSage
Fri Jan 26, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: starter IRA for my son?
Replies: 19
Views: 1134

Re: starter IRA for my son?

Our oldest is 22, recent college graduate with her first job, so she's earning, but not a lot. She recently received a small insurance payout from her departed grandmother--~$15k. We suggested that she put $10k in a Roth (half for 2017, half for 2018), and save the rest for upcoming travel. **$5500...
by DarthSage
Fri Jan 26, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: starter IRA for my son?
Replies: 19
Views: 1134

Re: starter IRA for my son?

A couple thoughts... Our oldest is 22, recent college graduate with her first job, so she's earning, but not a lot. She recently received a small insurance payout from her departed grandmother--~$15k. We suggested that she put $10k in a Roth (half for 2017, half for 2018), and save the rest for upco...
by DarthSage
Thu Jan 25, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Father financial trouble
Replies: 40
Views: 4488

Re: Father financial trouble

Could you possibly turn the car in early, then? I don't know much about leases--I'm sure there's some kind of expense involved with early return--but if he truly can't use the vehicle due to medical reasons, they MIGHT waive them. And it would stop his bleeding somewhat. I'm sorry you're in this sit...
by DarthSage
Thu Jan 25, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: Board game for 3 year old
Replies: 36
Views: 1675

Re: Board game for 3 year old

Memory Match isn't a board game, but it's great for younger kids. Added bonus: while you can play against each other, she could also play be herself if she wanted to. Be careful what version you pick, though. I remember one of my kids having a Winnie the Pooh Memory Match--the images were so simila...
by DarthSage
Thu Jan 25, 2018 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Two commas for a day
Replies: 14
Views: 2242

Re: Two commas for a day

That happened to us a while back--DH worked for a start-up, the day-traders found the stock, and pushed it up so we were millionaires--actually, for about 2 weeks. We should have sold some stock then. Oh, well. We're now legit 2-comma. Try not to let the fluctuations get to you. Clearly, you're on t...
by DarthSage
Thu Jan 25, 2018 7:17 am
Forum: Personal Consumer Issues
Topic: Board game for 3 year old
Replies: 36
Views: 1675

Re: Board game for 3 year old

Memory Match isn't a board game, but it's great for younger kids. Added bonus: while you can play against each other, she could also play be herself if she wanted to. Be careful what version you pick, though. I remember one of my kids having a Winnie the Pooh Memory Match--the images were so similar...
by DarthSage
Tue Jan 23, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Is this too much for us?
Replies: 8
Views: 1281

Re: Is this too much for us?

Yes, it is too much for you, right now. First off, only 5% down is a red flag, as others have stated. I recommend avoiding PMI like the plague. Secondly, new construction rarely comes in on time and under-budget. Thirdly, PITI is only part of the cost of home ownership, as others have stated. Home n...
by DarthSage
Tue Jan 23, 2018 9:04 am
Forum: Personal Consumer Issues
Topic: Article: 8 Frugal and Forgotten Ways Your Great-Grandparents Made It through Hard Times
Replies: 29
Views: 5087

Re: Article: 8 Frugal and Forgotten Ways Your Great-Grandparents Made It through Hard Times

Another side-thought on the "value to me" that I use is, "cost per use". Good-quality shoes might be expensive, but comfortable, long-lasting shoes save yoru feet in the long run, and if you wear them daily, the cost per use isn't much more--possibly even less, if the cheapo shoes mean buying more p...
by DarthSage
Mon Jan 22, 2018 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Going to one income-seeking testimonials
Replies: 98
Views: 4869

Re: Going to one income-seeking testimonials

I think your numbers can support her staying home, but as others have said, you really need to figure out where your money is going now, so you can see where you could make some budget cuts. I've been home with our kids for a couple decades. This wasn't our original plan, things just worked out that...
by DarthSage
Sun Jan 14, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Individual stocks in an IRA?
Replies: 9
Views: 533

Re: Individual stocks in an IRA?

I suspect the MIL enjoyed picking stocks and managing her portfolio, up until a few years ago. Then, her declining health made her less interested. She and I used to have great discussions about investing, but she seemed to lose interest in her last years. Which is fine. The stocks look like decent ...
by DarthSage
Sun Jan 14, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Individual stocks in an IRA?
Replies: 9
Views: 533

Individual stocks in an IRA?

Is it common to have individual stocks in a (traditional) IRA? I had always thought of IRAs as being long-term, hands-off investment vehicles. Basically, set them up for growth when you're young, check/rebalance occasionally, maybe switch up your investment mix as you age. But, my husband just recei...
by DarthSage
Thu Jan 11, 2018 6:48 pm
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1918

Re: wild bird feed

I like a mix I get in Walmart, that has dried cherries in it for the cardinals. walmart also sells various types of suet cakes for about $1 each--you need something to hold them in. We use a stand-alone cage thingy (sold right next to the birdseed/suet cakes). You can also find feeders with holders ...
by DarthSage
Thu Jan 11, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 10564

Re: Trusts for adult Children

(3) I expect the estate will need to borrow more, unless the revocable trust is dissolved quickly. Can't money from the revocable trust be used to settle estate issues? Are the investments too illiquid to sell easily to fund near term expenses? Possibly. The lawyer suggested the loan to the estate....
by DarthSage
Thu Jan 11, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 10564

Re: Trusts for adult Children

I just wanted to address a couple questions that came up on the last page, that have come up as issues while settling MIL's estate: (1) MIL did have a joint checking account with BIL, which was enough to cover immediate bills, such as cremation costs. (2) when the account ran low, the estate lawyer ...
by DarthSage
Wed Jan 10, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 10564

Re: Trusts for adults Children

So you see no issues with two 20-somethings inheriting a seven-figure estate before they have even launched their own careers? That's baffling to me. That kind of cash would throw an adult nearing retirement for a loop -- let alone a veritable kid. I trust my kids to exercise good judgment, but you...
by DarthSage
Tue Jan 09, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?
Replies: 36
Views: 3412

Re: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?

both in our mid-20s. There is so much that is unknowable that I would not wase on trying to plan things out that far in advance. In addition to changes in your life technology changes and if truly self driving cars ever become widespread that could cause dramatic changes in the housing market. This...
by DarthSage
Tue Jan 09, 2018 7:41 am
Forum: Personal Consumer Issues
Topic: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?
Replies: 36
Views: 3412

Re: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?

As others have stated, predicting the future is a fool's game. Buy the house now (or not!), that fits your needs now. I thought we bought our Forever Home in 1998. I literally came home from the open house and told my husband, "It's a house that we can grow old in!" But, circumstances change, and we...
by DarthSage
Mon Jan 08, 2018 7:07 am
Forum: Personal Finance (Not Investing)
Topic: protecting future inheritance
Replies: 31
Views: 2950

Re: protecting future inheritance

OP--Would it be possible to get your parents to an estate attorney, using the thought that Mom isn't likely to last more than a few more years? I think if you put it in terms of "getting Mom's things in order", it becomes less about your dad and his issues (for lack of a better word). I would bring ...
by DarthSage
Wed Jan 03, 2018 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Beginning of Year Action Items
Replies: 4
Views: 517

Re: Beginning of Year Action Items

Pull together tax info Roth conversion (DH) Get inherited IRAs all under one "roof", then consolidate Plan on RMDs from inherited IRAs Make RMD from inherited Roth: cash check, then, coincidentally, fund Roth for DH Finish settling estate (DH--from his mother) I'm sure we'll have to take a clear-eye...
by DarthSage
Sat Dec 30, 2017 7:23 am
Forum: Personal Consumer Issues
Topic: NC or SC beach area summer rentals for big group
Replies: 19
Views: 1065

Re: NC or SC beach area summer rentals for big group

We live in the Wilmington area--we love it here! We typically go to Carolina Beach (day trips), but that's mostly because we have a beach parking pass, and they have a section where dogs are allowed year-round. Most of the beaches, dogs are only allowed in off-season. I don't know if that's an issue...
by DarthSage
Fri Dec 29, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Reinvest RMD from Inherited IRA into Roth IRA
Replies: 6
Views: 552

Re: Reinvest RMD from Inherited IRA into Roth IRA

We're planning on doing this, only with an inherited Roth. DH will be inheriting the Roth--there's not a lot in it, roughly $25k. But, we have to deplete it, since his mom died. We have 5 years to do this, starting in 2018. Our plan is, take out 20% next year. Put it in an account. Write a check/tra...
by DarthSage
Fri Dec 29, 2017 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Question about inherited IRA
Replies: 5
Views: 458

Re: Question about inherited IRA

You need to find out if the grandmother took her RMD for 2015. If so, all is good. If not, the estate needs to take it, not the individuals. The estate only takes the year of death RMD if the estate was the beneficiary. Otherwise, the named beneficiaries must take out the year of death RMD, receive...
by DarthSage
Thu Dec 28, 2017 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Question about inherited IRA
Replies: 5
Views: 458

Re: Question about inherited IRA

You need to find out if the grandmother took her RMD for 2015. If so, all is good. If not, the estate needs to take it, not the individuals. We're going through this right now--my MIL died this summer, and did NOT take her 2017 RMD before passing. She had a bunch of different IRAs and funds she was ...
by DarthSage
Tue Dec 26, 2017 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Should we downsize?
Replies: 42
Views: 3160

Re: Should we downsize?

I say, keep it because you love it. Money is important, but it's not everything. Moving is miserable, and there's no guarantee that you'll move, now or later, to something you love as much as this house. One thing you didn't mention is, do you plan to have more children? It's not my business, of cou...
by DarthSage
Sun Dec 24, 2017 7:33 am
Forum: Personal Consumer Issues
Topic: Where to stay - Venice & Rome
Replies: 21
Views: 1276

Re: Where to stay - Venice & Rome

This was more of an issue in Pompeii and Capri, but you'd think, if a restroom charges you 50 cents to use a toilet, that it would include a seat. You'd think. Are you saying these are Middle Eastern style toilets, i.e. holes in the ground, or regular toilets but no seats? What's with that? The for...
by DarthSage
Sat Dec 23, 2017 6:21 pm
Forum: Personal Consumer Issues
Topic: Where to stay - Venice & Rome
Replies: 21
Views: 1276

Re: Where to stay - Venice & Rome

I don't have specific recommendations--when we went this past summer, we did a tour, and went a little higher budget than you plan. But I wanted to mention a few thoughts: In Venice, you'll want to stay IN Venice--NOT "just off", which is actually where you need to take a train to get to Venice prop...
by DarthSage
Thu Dec 21, 2017 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: opinions requested on student college decision / financial related
Replies: 87
Views: 4436

Re: opinions requested on student college decision / financial related

I wanted to add a few more thoughts about my daughter, the teacher, that I talked about up-thread. First of all, we did require her to take out student loans (only subsidized). I know that Bogleheads, generally, run from student loans like a vampire fleeing sunlight, but we had our reasons: we wante...
by DarthSage
Tue Dec 19, 2017 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with money from grandparents for kids?
Replies: 31
Views: 1329

Re: What to do with money from grandparents for kids?

My MIL set up UTMAs for each of my children (now ages 11-22). The older two were set up at the same time with identical amounts--oldest used some money for college, so they no longer have identical balances. Younger two got theirs at different times, have different amounts, nothing approaching what ...
by DarthSage
Tue Dec 19, 2017 7:31 am
Forum: Personal Finance (Not Investing)
Topic: opinions requested on student college decision / financial related
Replies: 87
Views: 4436

Re: opinions requested on student college decision / financial related

We've been through this--seriously. Go back 5 years, and substitute "teaching" for "nursing", and you have my oldest. At the time, it was very, very hard for me to get my mind around the cost difference between her #1 and #3 choice schools. It was more than the price of our first house. As with nurs...
by DarthSage
Sun Dec 17, 2017 9:49 am
Forum: Personal Consumer Issues
Topic: Single Purpose Device- Waffle Iron
Replies: 27
Views: 2266

Re: Single Purpose Device- Waffle Iron

We probably use ours more for cinnamon rolls than waffles, just because they're so quick. But, when we want real Belgian waffles--nothing else will do, and they are amazing--worth every calorie. I also have a machine with removable plates, that has a flat side, waffle side, sealed sandwich side, and...
by DarthSage
Wed Dec 13, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching elementary school kids about money
Replies: 32
Views: 2098

Re: Teaching elementary school kids about money

We had the bank thing that a PP described, through our kids' school, when my older two were younger. It was a fabulous way to learn about saving and interest and all that. One thing we've always done is, the kids would get checks from Grandma for Christmas, which we would put in savings. Then when w...
by DarthSage
Wed Dec 13, 2017 12:18 pm
Forum: Personal Consumer Issues
Topic: Downsizing - How much to invest in a house before selling?
Replies: 41
Views: 4925

Re: Downsizing - How much to invest in a house before selling?

My vote would be for you to do the inexpensive things--clean, declutter, and paint. I would only replace appliances if they didn't work. A couple years ago, my MIL sold her house (actually a detached condo). She'd had it built 20 years before and basically did nothing to it. It was in decent shape, ...
by DarthSage
Tue Dec 12, 2017 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Year end review with less nerdy spouse
Replies: 72
Views: 8299

Re: Year end review with less nerdy spouse

But, I stopped doing our taxes because he literally would re-do them, every single time. I'm interested to know if he found differences? More deductions? Mistakes? None of the above! He's just very, very thorough. I'm the household money person, and have a degree in electrical engineering, so I'm a...
by DarthSage
Tue Dec 12, 2017 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Year end review with less nerdy spouse
Replies: 72
Views: 8299

Re: Year end review with less nerdy spouse

I'm more of the day-to-day finance nerd. We don't schedule an annual sitdown, it's more like we talk throughout the year, bounce ideas back and forth, etc. Nothing is hidden--he knows exactly where I file statements, keep the checkbook, and so forth. OTOH, he's the one to do the taxes. This is mostl...
by DarthSage
Sun Dec 10, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Can This be Part of an Estate Planning?
Replies: 7
Views: 1025

Re: Can This be Part of an Estate Planning?

I'm no kind of expert, so I won't comment in that regard. I don't care for borrowing money to make money--that's a personal thing. I don't understand the focus on leaving a boatload of cash, in and IRA or otherwise, to kids. I mean, if you do so, that's fine, but I'm not understanding why it's your ...
by DarthSage
Sat Dec 09, 2017 7:14 am
Forum: Personal Finance (Not Investing)
Topic: How to lead a horse to (boglehead) water?
Replies: 10
Views: 857

Re: How to lead a horse to (boglehead) water?

It really depends on the person and your relationship with them. Two of my children are young adults--DD22 and DS20. I work finances in to casual conversation once in a while. For DD22, she's a recent college grad with her first real job. She has a budget and is contributing to her 403b. She recentl...
by DarthSage
Fri Dec 08, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 56
Views: 7265

Re: House on the market less than a day. Did listing agent commit fraud?

Okay, clearly I should have re-read your post before posting myself. I'm sorry you lost out on this house. It stinks. But, consider it a lesson learned--next time, you can't wait until the next day. Bring the kids along to the tour if you must--maybe take turns watching them? You and spouse take not...