Search found 74 matches

by startwithtruth
Sat Feb 22, 2020 4:01 pm
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 282
Views: 33367

Re: Did you celebrate when you finally hit $1m?

When my husband had to retire early a year ago and we started withdrawing from our 401K, he mentioned being disappointed that we'd never reach 1 Million in savings; I never had much attachment to that milestone but he grew up pretty poor and for him, it was a fun idea to imagine being a "millionaire...
by startwithtruth
Mon Feb 17, 2020 1:22 pm
Forum: Personal Investments
Topic: Fidelty Roth IRA: which bond index fund for money needed in 2-3 years?
Replies: 2
Views: 306

Re: Fidelty Roth IRA: which bond index fund for money needed in 2-3 years?

However, since you are at Fidelity, FUMBX (Fidelity Short-Term Treasury Bond Index Fund) might be a better option than VSBSX/VGSH https://fundresearch.fidelity.com/mutual-funds/summary/31635V216 To my knowledge, Fidelity does not have a short term TIPS option. Thanks, I thought I searched for Fidel...
by startwithtruth
Mon Feb 17, 2020 12:37 pm
Forum: Personal Investments
Topic: Fidelty Roth IRA: which bond index fund for money needed in 2-3 years?
Replies: 2
Views: 306

Fidelty Roth IRA: which bond index fund for money needed in 2-3 years?

My husband is 62, retired, and I'm 59, planning to retire in 2-3 years; once I retire, we'll need to use the ACA for medical coverage until we become eligible for Medicare at 65. We're working on Roth conversions (started in 2019), so that by the time I retire, we can use the Roth funds to keep our ...
by startwithtruth
Sun Feb 16, 2020 11:31 pm
Forum: Personal Consumer Issues
Topic: Visiting NYC with a family - logistics?
Replies: 29
Views: 1996

Re: Visiting NYC with a family - logistics?

I did not know that AirBnBs were legal in Brooklyn. Was the owner living in the other unit of the property? My understanding for Manhattan is that stays shorter than 30 days are allowed in an owner-occupied unit. My understanding is that 2 unit properties are classified as “private homes”; the proh...
by startwithtruth
Sun Feb 16, 2020 10:48 pm
Forum: Personal Consumer Issues
Topic: Visiting NYC with a family - logistics?
Replies: 29
Views: 1996

Re: Visiting NYC with a family - logistics?

AirBnBs are illegal in NYC for stays under 30 days, unless owner-occupied. They still exist, of course. Beware AirBNB. It’s technically illegal in NYC and listings get pulled often so you’re out a place to stay or in a scam. I agree that staying in Manhattan is best for the OP's trip, but just to c...
by startwithtruth
Thu Sep 26, 2019 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Debit card compromised while overseas-RFID question
Replies: 8
Views: 928

Re: Debit card compromised while overseas-RFID question

They are likely still inferior to chip-and-pin cards (which aren't available in the US) , or the securely encrypted one-time-use methods used in ApplePay . Chip and PIN cards aren't super common in the US, but I thought there were a few - I have the 2 cards below which I understood to be Chip and P...
by startwithtruth
Thu Sep 19, 2019 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly parents in assisted living with new high costs; seeking advice
Replies: 27
Views: 3608

Re: Elderly parents in assisted living with new high costs; seeking advice

They’ve been married 65 years (together 70!) and I have no intention of separating them (i.e., mom to memory care), hence the personal aides. My mom’s worsening dementia (horrible disease) has been so difficult for my dad but he’s adamant that they stay together while they can. My experience is tha...
by startwithtruth
Thu Sep 19, 2019 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly parents in assisted living with new high costs; seeking advice
Replies: 27
Views: 3608

Re: Elderly parents in assisted living with new high costs; seeking advice

Agree with others who recommended you inquire about hospice. Hospice will be approved by the doctor if the life expectancy is around 6 months, but once approved people can remain in hospice indefinitely. My mother's care improved dramatically when she entered hospice, they provide caregiver visits ...
by startwithtruth
Thu Sep 19, 2019 2:55 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4325
Views: 1243448

Re: What Book Are You Currently Reading? Part VI

I just finished the 2nd book in the Dublin Murder Squad series, "The Likeness" by Tana French. I liked it more than the first book of the series, "In The Woods". It was a fabulous read, and a riveting page turner. I just began the 3rd in the series, "Faithful Place". Dave I have read them all. IMO,...
by startwithtruth
Sat Sep 07, 2019 3:01 pm
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 418
Views: 72470

Re: Good Modern Science Fiction

We are Legion- Dennis Taylor. Very interesting premise that hooked me on the first book. +1 My husband and I both loved We are Legion (We are Bob), as well as the other 2 Bobiverse books; great fun, and thought provoking too - if you liked Weir's book The Martian, then they're a good bet. For anyon...
by startwithtruth
Sun Sep 01, 2019 1:51 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4325
Views: 1243448

Re: What Book Are You Currently Reading? Part VI

I just finished The Evangelicals: The Struggle to Shape America by Frances FitzGerald and thought it was terrific.

It's a bit of a deep dive (700+ pages) so best for people who are really interested in the subject. I listened to the audiobook.
by startwithtruth
Sun Sep 01, 2019 1:44 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4325
Views: 1243448

Re: What Book Are You Currently Reading? Part VI

Dave55 wrote:
Sun Sep 01, 2019 8:51 am
"Total Recall" by Sara Paretsky. The 10th in the V.I. Warshawski private eye series.

Dave
I love that series, and have been reading it for years; I like the way V. I. Warshawski is aging - more aches and pains, but still wise cracking (and even wiser) :happy
by startwithtruth
Sat Aug 17, 2019 11:18 am
Forum: Personal Consumer Issues
Topic: Brown Bag Lunch Ideas
Replies: 70
Views: 5227

Re: Brown Bag Lunch Ideas

I like to pack a big salad of romaine or endive (sometimes escarole), with dried cherries and a few ounces of roast chicken added; I always take cut up fruits and veges to snack on. Other packed lunch ideas using roast chicken: canned soup with chicken added and wraps made with bagged chopped salad ...
by startwithtruth
Fri Jun 28, 2019 6:32 pm
Forum: Investing - Theory, News & General
Topic: Spousal Consent Required for 401(k) Plan Withdrawals or Rollovers?
Replies: 24
Views: 2228

Re: Spousal Consent Required for 401(k) Plan Withdrawals or Rollovers?

It depends on the plan, so you have to ask. I was able to rollover my last 401k without spousal consent. TIAA required it though. Seem to recall that it had something to do with whether there was a potential for annuitizing. TIAA required it when my husband did a withdrawal recently; they described...
by startwithtruth
Thu Jan 17, 2019 9:47 pm
Forum: Personal Consumer Issues
Topic: Audio book options
Replies: 28
Views: 1382

Re: Audio book options

By far the library is the best option. You already pay for it, so you should use it! My wife and I go through at least 100 audiobooks per year. If we were purchasing those it would be terribly expensive. The only downside is having to wait for popular books to become available, but in general I hav...
by startwithtruth
Wed Jan 02, 2019 7:46 pm
Forum: Forum Issues and Administration
Topic: Making it easier to track posts from the OP
Replies: 50
Views: 8457

Re: Making it easier to track posts from the OP

Thanks LadyGeek! Much easier than CTRL F on multi-page threads.
by startwithtruth
Mon Dec 24, 2018 9:04 am
Forum: Personal Investments
Topic: Transition to spouse retirement - plans and to do list
Replies: 14
Views: 1326

Re: Transition to spouse retirement - plans and to do list

I don’t see how the Roth conversions make sense, unless your income would be pushed into a higher bracket with SS and RMDs once your husband turns 70. ... I agree with plans for Roth conversions to fill the 12% tax bracket, if RMD and other non-SS income is expected to be more than 20k. The 12% tax...
by startwithtruth
Mon Dec 24, 2018 8:53 am
Forum: Personal Investments
Topic: Transition to spouse retirement - plans and to do list
Replies: 14
Views: 1326

Re: Transition to spouse retirement - plans and to do list

You can do just fine at Fidelity but your need to be a bit more careful. For example their target date funds are called "Freedom" funds but they also have "Freedom Index" funds with a lot lower costs. Thanks, I'll watch for that. You can decide what to do about the Roth conversion each year when yo...
by startwithtruth
Mon Dec 24, 2018 8:45 am
Forum: Personal Investments
Topic: Transition to spouse retirement - plans and to do list
Replies: 14
Views: 1326

Re: Transition to spouse retirement - plans and to do list

I don’t see how the Roth conversions make sense, unless your income would be pushed into a higher bracket with SS and RMDs once your husband turns 70. I'm not as concerned about needing Roth funds for after he turns 70 - our bracket then would depend on a lot of variables and it could make very lit...
by startwithtruth
Sun Dec 23, 2018 12:49 pm
Forum: Personal Investments
Topic: Transition to spouse retirement - plans and to do list
Replies: 14
Views: 1326

Re: Transition to spouse retirement - plans and to do list

Why consider COBRA or an ACA policies (both expensive ways to insure your medical needs), when you have good medical and decent dental coverage through your job? The COBRA was only for a few months of secondary dental (we never had medical through my husband's job) - and it's definitely pricey. For...
by startwithtruth
Sun Dec 23, 2018 12:39 pm
Forum: Personal Investments
Topic: Transition to spouse retirement - plans and to do list
Replies: 14
Views: 1326

Re: Transition to spouse retirement - plans and to do list

Right. Zero reason for husband to get live insurance. Also don't understand why you need COBRA, since you said your job provides both medical and dental. It seems that ROTH conversions would indeed make sense starting in 2019. Re-evaluate each year. It's probably not worth it to pay COBRA rates for...
by startwithtruth
Sun Dec 23, 2018 12:33 pm
Forum: Personal Investments
Topic: Transition to spouse retirement - plans and to do list
Replies: 14
Views: 1326

Re: Transition to spouse retirement - plans and to do list

May I ask: Why does spouse need life insurance? His income will be $116. You will get his SS benefits regardless. House is paid off. All other income is coming from you. Good question. When we looked at this a year ago, we decided to keep life insurance for several years as a bridge until we were b...
by startwithtruth
Sun Dec 23, 2018 11:09 am
Forum: Personal Investments
Topic: Transition to spouse retirement - plans and to do list
Replies: 14
Views: 1326

Transition to spouse retirement - plans and to do list

My husband retired a few weeks ago due to worsening health issues and a bad job situation. I’m confident this was the right/only decision, but it’s earlier than we’d planned and now working on a revised long term plan and a to do list for the transition; depending on whether his health improves, he ...
by startwithtruth
Sun Nov 25, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Draw Question
Replies: 32
Views: 3182

Re: Social Security Draw Question

In cases where one spouse has a significantly higher income than the other spouse, it is very common that the best approach is for the lower earning spouse to file early and the higher earning spouse to delay to age 70. The reason is that the surviving spouse gets the larger benefit of the two. So ...
by startwithtruth
Sun Nov 25, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Draw Question
Replies: 32
Views: 3182

Re: Social Security Draw Question

In cases where one spouse has a significantly higher income than the other spouse, it is very common that the best approach is for the lower earning spouse to file early and the higher earning spouse to delay to age 70. The reason is that the surviving spouse gets the larger benefit of the two. So ...
by startwithtruth
Tue Nov 20, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Good audio book for a family?
Replies: 33
Views: 2273

Re: Good audio book for a family?

+1 to the Terry Pratchett recommendations. My wife and I find that we really enjoy long car trips with these (audio) books. The readers for most of them are really good, and the content is fun. Another +1 for Terry Pratchett; his novels are funny and clever, and they somehow hit you with deep insig...
by startwithtruth
Fri Nov 16, 2018 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Keep voluntary life through employer at 58 / 60 years old?
Replies: 7
Views: 666

Re: Keep voluntary life through employer at 58 / 60 years old?

If you have serious medical issues then you might want to consider if you have enough to retire earlier, especially if you can get retiree health insurance through an employer. Unfortunately, neither of our employers offers retiree health insurance. We're looking at various scenarios regarding when...
by startwithtruth
Thu Nov 15, 2018 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Keep voluntary life through employer at 58 / 60 years old?
Replies: 7
Views: 666

Re: Keep voluntary life through employer at 58 / 60 years old?

Thanks for the responses; I assumed individual term life was out of the question because of our health history/conditions but maybe not. We don't have time to purchase insurance (including medical exam) before this year's open enrollment deadlines though. If the consensus is that buying insurance at...
by startwithtruth
Thu Nov 15, 2018 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Keep voluntary life through employer at 58 / 60 years old?
Replies: 7
Views: 666

Keep voluntary life through employer at 58 / 60 years old?

My husband and I missed the memo about buying 20+ year term life insurance policies, or a ladder of policies, when we were younger. We've always had group term life through our employers, transitioning the group policies to individual ones when we left jobs, and then cancelling when we were working ...
by startwithtruth
Tue Nov 13, 2018 5:08 pm
Forum: Personal Consumer Issues
Topic: Any space heaters that automatically maintain a temperature in a room!
Replies: 36
Views: 3968

Re: Any space heaters that automatically maintain a temperature in a room!

I haven't seen my latest electric bill yet, but we've been using this ceramic heater for the last several weeks (waiting for our HVAC system to be replaced). It has a thermostat and works well, but I am nervous about the cost :shock: Lasko Bladeless Ceramic Heater with Remote Control https://www.hom...
by startwithtruth
Sun Nov 11, 2018 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Confused about FSA when quitting mid-year
Replies: 9
Views: 833

Re: Confused about FSA when quitting mid-year

In my situation, there is a bigger possibilities that I will quit on January 2019 and my spouse and I don't have any particular that we need to use medical for... So in that case, it is better to just not contribute at all, correct? (assuming the possibilities turn out the way we planned). I wouldn...
by startwithtruth
Fri Nov 09, 2018 4:09 pm
Forum: Personal Investments
Topic: Reverse Mortgage
Replies: 17
Views: 2151

Re: Reverse Mortgage

Jane Bryant Quinn's book "How to Make Your Money Last" had a detailed chapter on reverse mortgages, including laying out multiple scenarios and alternatives; she didn't seem to have an ax to grind either way - just tried to outline out the pro's and con's for different situations
by startwithtruth
Fri Oct 26, 2018 1:43 pm
Forum: Personal Consumer Issues
Topic: What Memberships/Subscriptions Are Most Valuable To You?
Replies: 68
Views: 5512

Re: What Memberships/Subscriptions Are Most Valuable To You?

I'm a big audiobook listener, so I really value these: Brooklyn Public Library paid out of state membership Audible (for the books I can't get at Brooklyn or my home library) Also: Amazon Prime Costco Netflix, Acorn, Britbox I value cell service and internet, but annoyed as I think I'm overpaying th...
by startwithtruth
Sun Sep 23, 2018 8:32 pm
Forum: Personal Consumer Issues
Topic: Mom needs hip revision: how can I fight on her behalf?
Replies: 22
Views: 2115

Re: Mom needs hip revision: how can I fight on her behalf?

Regarding the Mayo Clinic - my husband was having trouble finding anyone who could diagnose his neurological problem (turned out to be a very rare condition) and although he's covered by private insurance, Mayo initially said they couldn't fit him in; then a month or so later they offered him an app...
by startwithtruth
Tue Sep 11, 2018 4:56 pm
Forum: Personal Investments
Topic: Helping Parents with Retirement
Replies: 36
Views: 4696

Re: Helping Parents with Retirement

@InMyDreams Thank you for the additional info on Medicare. I just read https://www.bogleheads.org/wiki/Medicare that explains some basics but doesn’t go into too much detail. Can anyone recommend any good articles / books for more comprehensive info re: Medicare? I really liked Philip Moeller's "Ge...
by startwithtruth
Thu Aug 30, 2018 8:56 pm
Forum: Personal Consumer Issues
Topic: Are Skilled Nursing Facilities that Accept Medicaid Really That Bad?
Replies: 30
Views: 3894

Re: Are Skilled Nursing Facilities that Accept Medicaid Really That Bad?

My mother was in a skilled nursing facility with dementia for 2.5 years, and except for the first few months her care was covered by Medicaid (she was initially Medicare, then private pay for a few months). It was a well run non-profit that looked/smelled clean, and had brightly lit hallways and din...
by startwithtruth
Tue Aug 28, 2018 9:04 pm
Forum: Personal Consumer Issues
Topic: Your Best Mood Boosting Books (not self-help)
Replies: 29
Views: 2653

Re: Your Best Mood Boosting Books (not self-help)

This one is pretty famous so maybe you've read it; a really special book: A Man Called Ove by Fredrik Backman This one is a favorite; really outstanding audio narrated by Scott Sowers if you're into audiobooks. I frequently listen to this book on a timer at night when trying to fall asleep: English ...
by startwithtruth
Sun Aug 26, 2018 9:37 am
Forum: Personal Consumer Issues
Topic: The Fall of Consumer Reports
Replies: 126
Views: 26515

Re: The Fall of Consumer Reports

What is interesting is to read the Consumer Reports online reports for a specific product (say a lawnmower) ; and then immediately read some of the CR "User Reviews" for the same product on their website ......quite a lot of "disconnects" where CR loves the item; and real buyers find endless proble...
by startwithtruth
Sat Aug 25, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: "75 Must Know Statistics About Long-Term Care: 2018 Edition"
Replies: 56
Views: 6650

Re: "75 Must Know Statistics About Long-Term Care: 2018 Edition"

This is extremely misleading: $123,600: Maximum amount of assets that a healthy spouse can retain for the other spouse to be eligible for long-term care benefits provided by Medicaid, 2018. (Actual amounts vary by state.) ...the healthy spouse can retain an unlimited amount of his or her own assets...
by startwithtruth
Tue Jul 10, 2018 9:21 pm
Forum: Personal Investments
Topic: Planning for contingencies
Replies: 8
Views: 542

Re: Planning for contingencies

I did save up funds for Roth conversion and/or sequence of returns. I currently have 50% of my portfolio in fixed income. Open Roth IRAs and at least put some money in to start the 5 year clock for taking out earnings. You can always take out what you put in - without penalty. Thanks for confirming...
by startwithtruth
Tue Jul 10, 2018 9:14 pm
Forum: Personal Investments
Topic: Planning for contingencies
Replies: 8
Views: 542

Re: Planning for contingencies

You can establish a cash reserve within your 401(k)s. You don’t meed to reduce your 401(k) contributions. So, allocate a portion of the 401K's to something even less volatile than bonds? Is a cash reserve less important since my husband is over 59.5 (no early withdrawal penalties)? Yes, so you’d ha...
by startwithtruth
Tue Jul 10, 2018 8:51 pm
Forum: Personal Investments
Topic: Planning for contingencies
Replies: 8
Views: 542

Re: Planning for contingencies

delamer wrote:
Tue Jul 10, 2018 8:46 pm
You can establish a cash reserve within your 401(k)s.

You don’t meed to reduce your 401(k) contributions.
So, allocate a portion of the 401K's to something even less volatile than bonds?

Is a cash reserve less important since my husband is over 59.5 (no early withdrawal penalties)?
by startwithtruth
Tue Jul 10, 2018 8:47 pm
Forum: Personal Investments
Topic: Planning for contingencies
Replies: 8
Views: 542

Re: Planning for contingencies

Dottie57 wrote:
Tue Jul 10, 2018 8:41 pm
When are you planning to retire?
We're unsure. Realistically, given his medical issues I think my husband will be ready in 5 years at 65; I should work a few years longer until I'm eligible for Medicare, but he'd like us to retire together.
by startwithtruth
Tue Jul 10, 2018 8:28 pm
Forum: Personal Investments
Topic: Planning for contingencies
Replies: 8
Views: 542

Planning for contingencies

I’m trying to plan for contingencies including: - needing to leaving jobs earlier than planned, say within the next 5 years - sequence of returns risk I’ve read a few books and most of the bogleheads wiki but still unsure about what we should be doing now and whether we should do Roth conversions la...
by startwithtruth
Thu Jul 05, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Coffee Grinder recommendations
Replies: 56
Views: 3938

Re: Coffee Grinder recommendations

Definitely Baratza. Don't even overthink it. Just buy it and never look back. +1. I grind beans for espresso every morning and love my Baratza Encore. I bought it based on Baratza's reputation for durability, and it's been trouble free for the 3 years I've been using it. Looks like it's dropped in ...
by startwithtruth
Mon Jun 25, 2018 5:22 pm
Forum: Personal Investments
Topic: How to find a good fudiciary fee only CFP?
Replies: 16
Views: 1190

Re: How to find a good fudiciary fee only CFP?

My understanding is that the service below is run by a boglehead, but I don't know much about it; more experienced members might have some insight.

https://adviceonlyfinancial.com/how-to- ... paign=menu
by startwithtruth
Sat Jun 23, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 282
Views: 33367

Re: Did you celebrate when you finally hit $1m?

I was all set to celebrate the $1m asset (excluding home) level, until I realized that the majority of my assets were in my tIRA. So I discounted that $1m to an after tax $600k and kept on saving. :) Good point! I'm going to share this with my husband who jokes that we must be rich as he never expe...
by startwithtruth
Fri Jun 22, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: Most vs. Least satisfying home impovements
Replies: 35
Views: 4109

Re: Most vs. Least satisfying home impovements

I just spent a whopping $1000 for a professionally installed, room-darkening, motorized window blind, with a remote. I debated long and hard as spending $1000 on a window blind is not very Bogleheadish. It’s turned out to be a homerun, worth every penny. My room is now darkroom dark at night and th...
by startwithtruth
Thu Jun 21, 2018 6:40 pm
Forum: Personal Investments
Topic: Grandparents requested our help to manage $300K
Replies: 29
Views: 3987

Re: Grandparents requested our help to manage $300K

https://www.bogleheads.org/forum/viewtopic.php?t=183555 The above link discusses a book by Jane Bryant Quinn "How to Make Your Money Last". The books is very pertinent to retirement planning and harvesting. The section on annuities is also very good, including suggestions as to how to make an intel...