Search found 104 matches

by NoblesvilleIN
Sun May 10, 2020 7:38 am
Forum: Investing - Theory, News & General
Topic: The advice you give vs the approach you use
Replies: 36
Views: 2118

Re: The advice you give vs the approach you use

For the relatives that have asked, I have explained target date funds and 3-fund indexes and then discuss the difference between risk and volatility. For the ones that have more than a passing interest in investing, I gently point them toward index funds and discuss asset allocation. For the ones th...
by NoblesvilleIN
Fri May 08, 2020 8:59 pm
Forum: Personal Investments
Topic: How does 401K payments/distributions actually work?
Replies: 20
Views: 1427

Re: How does 401K payments/distributions actually work?

When I did move my money from my previous companies 401K's to my Vanguard Traditional IRA, I had to liquidate all my funds and move the money amount over to my Vanguard Traditional IRA. Wondering if i'll have to do that with my current compnay, as they use Vanguard for our 401K? When I moved my Fid...
by NoblesvilleIN
Thu May 07, 2020 12:58 pm
Forum: Personal Investments
Topic: How does 401K payments/distributions actually work?
Replies: 20
Views: 1427

Re: How does 401K payments/distributions actually work?

by mllouay » Thu May 07, 2020 12:51 pm So if you were to take payments from you tIRA, how would that work? say for example, you have 50% VTI etf, and 50% BND bond. Would they give you monthly payment equally from both VTI and BND? From VTI only till it runs out and then BND? BND only till it runs o...
by NoblesvilleIN
Wed May 06, 2020 9:26 pm
Forum: Personal Investments
Topic: How does 401K payments/distributions actually work?
Replies: 20
Views: 1427

Re: How does 401K payments/distributions actually work?

You first want to confirm that your employer allows you to take distributions from your 401k. Shortly before I retired, I found that I was only allowed to take one 401k distribution (basically the whole amount). I simply rolled the 401k into my existing tIRA (from a previous employer) and will take ...
by NoblesvilleIN
Tue Apr 28, 2020 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Fiancee's Health Care Plan... Running the numbers to see if it makes sense once we're married
Replies: 9
Views: 786

Re: Fiancee's Health Care Plan... Running the numbers to see if it makes sense once we're married

Are you even eligible to be added to your wife's plan (after you are married)? Where I worked (now retired), if your spouse had access to ANY healthcare plan (no matter how bad or good), the spouse was not allowed to be added. My wife worked for a small company that did not offer health care. Each y...
by NoblesvilleIN
Sat Apr 11, 2020 8:08 am
Forum: Personal Investments
Topic: Thoughts on Retirement Safety Fund?
Replies: 10
Views: 901

Re: Thoughts on Retirement Safety Fund?

I retired in December 2018 and DW retired December 2019. We are around 70/30 (stock portion was slightly higher at year end and lower currently, not enough to move funds around). Within the 30% bonds/fixed income, we have 2 years of expenses in CD's, 18 months in a short term treasury fund (FUMBX), ...
by NoblesvilleIN
Tue Apr 07, 2020 8:55 am
Forum: Personal Consumer Issues
Topic: Gardening 2020
Replies: 133
Views: 9185

Re: Gardening 2020

by 4th and Inches » Tue Apr 07, 2020 9:38 am I live in the Colorado Front Range. It is supposed to get down to 24 on Sunday night. I'd like to get early greens as soon as feasible. Do you think planting spinach/lettuce/kale/swiss chard is a good idea or should I wait with an upcoming low of 24? I k...
by NoblesvilleIN
Tue Apr 07, 2020 8:49 am
Forum: Personal Consumer Issues
Topic: Gardening 2020
Replies: 133
Views: 9185

Re: Gardening 2020

I have had success helping my corn pollinate. When you notice the pollen starting to fall from the tassels, go out and gently shake the corn stalks. This causes the pollen to distribute. You might want to wear a cloth mask when you do this, I end up in a coughing fit from the pollen overload. I grow...
by NoblesvilleIN
Sun Apr 05, 2020 9:19 am
Forum: Personal Finance (Not Investing)
Topic: No RMD in 2020 means Changes my ACA
Replies: 16
Views: 1193

Re: No RMD in 2020 means Changes my ACA

Last year I had something similar (not RMD). I retired at the end of 2018 and went on ACA for the first time. I estimated my income from dividends in my taxable account as we were not planning on touching the tIRA yet. I received a letter asking for documentation of my income and I just put together...
by NoblesvilleIN
Fri Mar 20, 2020 7:57 am
Forum: Personal Investments
Topic: Anyone (now) regret choosing a lump sum vs. annuity option?
Replies: 16
Views: 1254

Re: Anyone (now) regret choosing a lump sum vs. annuity option?

My first job out of college 40 years ago was with a company that had a pension. I stayed there 15+ years and was vested when I left over 20 years ago. In the last 20 years or so, the company has offered a lump sum buyout 2 or 3 times, most recently about 5 years ago. I calculated what a 4% SWR would...
by NoblesvilleIN
Mon Mar 09, 2020 9:02 am
Forum: Personal Investments
Topic: Cost basis, Fidelity
Replies: 1
Views: 139

Re: Cost basis, Fidelity

If your account was never closed (and maybe even if it was), your cost is shown on your monthly statements. I just pulled up my November 2019 statement and it shows the cost basis (total, not per share) for each of my investments - mutual funds and individual stocks. Cost should also be on your annu...
by NoblesvilleIN
Thu Mar 05, 2020 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Ally CD: Is this smart?
Replies: 36
Views: 3062

Re: Purchasing Ally CD: Is this smart?

OP, if your upcoming tax refund and bonus are also earmarked for your e-fund, you might consider setting up a CD. ladder as earlier suggested. Prior to retiring, we determined that our e-fund was also to function as an alternative income source - if a recession caused our investment income (which we...
by NoblesvilleIN
Sat Feb 29, 2020 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity's website
Replies: 1
Views: 290

Re: Fidelity's website

When I look at my Fidelity account there is an "analysis" tab across the top. For me, it is between "Activity and Orders" and "Performance". Within that tab, there is an "Account View" tab. Select that and I see my allocation across all my Fido accounts (including my wife's IRA that I'm linked to). ...
by NoblesvilleIN
Sat Feb 01, 2020 10:01 pm
Forum: Personal Investments
Topic: CD Ladder - Will Fidelity Look Out for Me
Replies: 3
Views: 963

Re: CD Ladder - Will Fidelity Look Out for Me

I’m not sure of your question. I have CD’s at Fidelity with one maturing every 3 months. A month before one matures, I get an email from Fidelity giving me a heads up. At that point I start looking at cd rates using their fixed income link. This is done on my pc. The app on my phone or iPad doesn’t ...
by NoblesvilleIN
Tue Jan 28, 2020 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Questions: Selling part of my land to the county
Replies: 5
Views: 605

Re: Tax Questions: Selling part of my land to the county

Mako, part of it is permanent. The county will own it, my deed will change to have that part as an exception. I won't be able to plant any trees in their (county's) part. Another part is temporary and will return to me when they are finished. The two trees that are to be removed (cut down) are in th...
by NoblesvilleIN
Tue Jan 28, 2020 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Questions: Selling part of my land to the county
Replies: 5
Views: 605

Tax Questions: Selling part of my land to the county

These questions are for anyone who has sold part of a parcel to a government entity or an accountant who has helped someone with this type of transaction. The county highway department has contacted me about buying a strip of land in the front of our property to widen and replace a small bridge. Thi...
by NoblesvilleIN
Tue Jan 28, 2020 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Escrow account skipped property taxes for 2019
Replies: 16
Views: 1099

Re: Escrow account skipped property taxes for 2019

OP, you might also want to check to see if the January payment is being treated as late by your county. In Indiana, there is a 10% penalty for being late for the November or May installments. About 30 years ago, our mortgage servicer paid our taxes a month late and tried to pass the late fee back to...
by NoblesvilleIN
Sun Jan 26, 2020 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: executor of trust: distribution to great-grandchildren
Replies: 12
Views: 1219

Re: executor of trust: distribution to great-grandchildren

I was in a similar situation several years ago. I was executor for my parents. Grandkids were left some money to be used for education or distributed at certain ages if they didn't use the funds for education. Amount was about 50k each. It was going to cost money to keep the estate open for the peri...
by NoblesvilleIN
Tue Dec 31, 2019 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Annual Tracking Spreadsheet Review?
Replies: 41
Views: 2921

Re: Annual Tracking Spreadsheet Review?

I have two spreadsheets, one that is updated on January 1st of each year that tracks EOY values for investments, savings, and debt and one that tracks the individual investments and is updated as dividends and interest are posted or money is transferred out. The annual spreadsheet has a row for each...
by NoblesvilleIN
Sun Dec 29, 2019 9:06 pm
Forum: Personal Investments
Topic: Did I mess up my HSA contribution for 2019?
Replies: 5
Views: 581

Re: Did I mess up my HSA contribution for 2019?

Thank you all, I’ll sleep better tonight.
by NoblesvilleIN
Sun Dec 29, 2019 10:39 am
Forum: Personal Investments
Topic: Did I mess up my HSA contribution for 2019?
Replies: 5
Views: 581

Did I mess up my HSA contribution for 2019?

I just read another thread on HSA catch-up contributions and it got me wondering if I messed up the 2019 contribution that I made in early December. Do I need to undo part of it? Details: I'm 61, DW 54; we have HDHP family plan thru ACA (I am primary, DW is dependent); HSA is at Fidelity (I've had i...
by NoblesvilleIN
Sat Dec 14, 2019 6:27 pm
Forum: Investing - Theory, News & General
Topic: When/how to spend HSA funds in retirement?
Replies: 49
Views: 3216

Re: When/how to spend HSA funds in retirement?

OP, are you taking into account that during retirement, it is highly likely that you will have higher medical costs than during your working years? The funds in the HSA can be used to fund those expenses without having to use other retirement funds (eg. withdrawing from tIRA an amount in excess of y...
by NoblesvilleIN
Mon Dec 09, 2019 10:16 am
Forum: Personal Investments
Topic: Please help me be smart with my wife's inheritance
Replies: 52
Views: 5074

Re: Please help me be smart with my wife's inheritance

OP, you mentioned in an earlier post that you thought the relative had your best interests in mind. I am familiar with some of the individual stocks (I own several of them in my taxable account) and they appear to be mostly dividend growth stocks. I have been pleased with how the individual dividend...
by NoblesvilleIN
Fri Dec 06, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: HR Block tax program activation code is 1 digit short.
Replies: 6
Views: 589

Re: HR Block tax program activation code is 1 digit short.

Maybe you should go over the to "found safe" thread and suggest a combination :D
by NoblesvilleIN
Thu Nov 21, 2019 10:14 am
Forum: Personal Consumer Issues
Topic: Water Softener Help
Replies: 8
Views: 1045

Re: Water Softener Help

We are on our second Eco-Water. The first was purchased in 1992 when we moved into our present house (new construction). We had the mechanicals re-built once when I noticed it leaking from top. We replaced it about 6 years ago as part of updating the house's infrastructure (new roof, etc.) as I near...
by NoblesvilleIN
Thu Nov 21, 2019 9:38 am
Forum: Personal Consumer Issues
Topic: Gardening 2019
Replies: 121
Views: 12932

Re: Gardening 2019

A purchased rototiller is another engine to keep running that only gets used once or twice in the spring. Unless you are considering additional implements (snowblower, etc.) for the BCS, you might want to consider renting instead. I have 2 rototillers, one was purchased in 1948 by my grandfather tha...
by NoblesvilleIN
Sat Nov 16, 2019 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: More retirees have a mortgage
Replies: 134
Views: 10922

Re: More retirees have a mortgage

I'm wondering if they are not comparing apples to apples. I skimmed the article and did not see if they distinguish between a traditional mortgage and a HELC. We paid our mortgage off several years ago, but still have an HELC. I recently pulled a credit report and it showed the HELC as being the ful...
by NoblesvilleIN
Fri Nov 15, 2019 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Yet another pension vs lump sum Q, with a twist
Replies: 6
Views: 544

Re: Yet another pension vs lump sum Q, with a twist

I have a small pension from a company (megacorp, pension seems well funded) that I left over 20 years ago. I plan to start taking the pension at 65, when it maxes out - in 3.5 years. Over the last 20+ years, I have received a few lump sum offers that didn't seem like such a good deal - similar to wh...
by NoblesvilleIN
Mon Nov 11, 2019 9:28 am
Forum: Personal Consumer Issues
Topic: What is this sound in the house?
Replies: 37
Views: 5054

Re: What is this sound in the house?

Do you have a gutter close to where you are hearing the sound? We have had birds sit in our gutters and their movement (wings flapping, walking) sometimes makes a noise that we can hear inside. Also, we had one gutter that was a bit loose and in certain wind conditions would make a noise in the hous...
by NoblesvilleIN
Sun Nov 03, 2019 11:06 am
Forum: Personal Investments
Topic: Monthly Dividends
Replies: 16
Views: 2371

Re: Monthly Dividends

I'm not entering into the eternal discussion of dividends vs total return. The following is something to think about if you are investing for dividends. I have investments that pay monthly (a couple of CDs), quarterly (most of my individual stocks), semi-annually (some of my international stocks), a...
by NoblesvilleIN
Fri Nov 01, 2019 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: ACA over the MAGI cliff! does it really matter?
Replies: 10
Views: 1929

Re: ACA over the MAGI cliff! does it really matter?

Is your ACA plan HDHP and eligible for an HSA contribution? For married-filing jointly and over 55, we are able to contribute $8,000 to our HSA this year and reduce our MAGI income by the $8,000. I think next year it goes up by $100. If your investment gain is not going to be that large, this might ...
by NoblesvilleIN
Wed Oct 30, 2019 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: 15 vs 20 year term life???
Replies: 33
Views: 2523

Re: 15 vs 20 year term life???

We went with a 15-year policy when we had our first child (and also were having our current house built). When it expired (oldest was 15, youngest was 13, house was well on the way to being paid off), we purchased a 10-year term with no intention of keeping it for the full 10 years. We cancelled it ...
by NoblesvilleIN
Thu Oct 24, 2019 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: ACA 2020 pricing [What's your 2020 pricing?]
Replies: 38
Views: 4612

Re: ACA 2020 pricing [What's your 2020 pricing?]

For those seeing next years prices for ACA policies, where on the healthcare.gov site are you looking? I logged on to my account today based on seeing this thread and struck out. It just says that shortly before Nov. 1, we should see the new offerings. I'm in Indiana, do other states using the feder...
by NoblesvilleIN
Wed Oct 23, 2019 9:20 am
Forum: Personal Consumer Issues
Topic: Enlarge shower to include bench, walk-in tub, or both?
Replies: 40
Views: 3001

Re: Enlarge shower to include bench, walk-in tub, or both?

Since you have long experience with mobility issues, you probably have already thought of this, but I'll mention it anyway. Place the shower controls where a helper can reach them from outside the shower and are also convenient for the user to reach while in the shower (possibly sitting). A few year...
by NoblesvilleIN
Mon Oct 21, 2019 12:12 pm
Forum: Personal Investments
Topic: Fidelity HSA questions
Replies: 39
Views: 4644

Re: Fidelity HSA questions

tfb » Mon Oct 21, 2019 11:39 am NoblesvilleIN wrote: ↑Mon Oct 21, 2019 10:21 am I'm not sure of your aversion to debit cards, but this has worked for me. Sometimes the amount gets adjusted. If you are paying at the time of service and it turns out to be an overpayment, getting the money back to the...
by NoblesvilleIN
Mon Oct 21, 2019 9:21 am
Forum: Personal Investments
Topic: Fidelity HSA questions
Replies: 39
Views: 4644

Re: Fidelity HSA questions

I moved my HSA to Fidelity a couple of years ago when the company I was working for changed providers (to Fidelity) and again in January of this year after I retired (the company sold the division I worked for in July 2019 and the new company used a different provider). I only worked 6 months for th...
by NoblesvilleIN
Mon Oct 21, 2019 8:57 am
Forum: Personal Investments
Topic: individual stocks performance vs ETF
Replies: 14
Views: 1419

Re: individual stocks performance vs ETF

I also own individual stocks in my taxable account. My goal with them is income (dividends) without selling. But I also have to be honest and make sure that I'm not deluding myself. To that end, I built a spreadsheet last June (end of 2nd quarter), comparing the stocks I own to SPY. Why SPY? There i...
by NoblesvilleIN
Wed Oct 09, 2019 11:27 am
Forum: Investing - Theory, News & General
Topic: What does the portfolio one day movement tells you ?
Replies: 11
Views: 1117

Re: What does the portfolio one day movement tells you ?

On up days, my wife holds out her hand and says "show me the money" or "it's not in MY bank account yet, is it?". On down days, she fires me. I can't win. :) Our account can, has, and I assume will continue to fluctuate greatly on some days, less on others. Once you get close to "enough", large doll...
by NoblesvilleIN
Wed Oct 02, 2019 6:05 pm
Forum: Personal Investments
Topic: Retirees - do you hold extra cash for a bear market?
Replies: 93
Views: 10426

Re: Retirees - do you hold extra cash for a bear market?

by pascalwager » Tue Oct 01, 2019 3:55 pm If you don't rebalance, how will you keep the portfolio at your desired risk level? If stocks do poorly one year (I don't mean a crash), you may need to sell fixed income and buy more stocks to maintain your AA. Otherwise, you begin to treat your fixed inco...
by NoblesvilleIN
Tue Oct 01, 2019 12:13 pm
Forum: Personal Investments
Topic: Retirees - do you hold extra cash for a bear market?
Replies: 93
Views: 10426

Re: Retirees - do you hold extra cash for a bear market?

willthrill81, I'm derailing this thread just a little bit. Is there really that much difference in rates from a website/bank than what I see at Fidelity? This morning, the best 2-year rate for a callable CD is 1.9% and for call protected it is 1.85%. Back in mid September, I rolled a 2-year CD and w...
by NoblesvilleIN
Tue Oct 01, 2019 8:51 am
Forum: Personal Investments
Topic: Retirees - do you hold extra cash for a bear market?
Replies: 93
Views: 10426

Re: Retirees - do you hold extra cash for a bear market?

Post by pascalwager » Tue Oct 01, 2019 12:20 am When you say "X years of expenses", that implies being external to your portfolio and not part of the rebalancing process. Being a part of your portfolio means that the cash is not X years of expenses, but rather some fixed percentage of your portfoli...
by NoblesvilleIN
Mon Sep 30, 2019 7:36 pm
Forum: Personal Investments
Topic: Retirees - do you hold extra cash for a bear market?
Replies: 93
Views: 10426

Re: Retirees - do you hold extra cash for a bear market?

The intent of the CDs, MM, and treasury funds is not to optimize, it is to sleep well and prevent bad behavior (selling equities in a down market as a panicked reaction). I do not consider the X years of expenses to be external to my portfolio, but part of the fixed income allocation.
by NoblesvilleIN
Mon Sep 30, 2019 12:16 pm
Forum: Personal Investments
Topic: Brokerage Account Investing Questions
Replies: 9
Views: 871

Re: Brokerage Account Investing Questions

I'll take a stab at some of your questions. 1) Should I avoid buying bond funds in the brokerage account due to taxes on dividend payouts? In other words, would it be better to leave the bond funds (and other higher dividend paying funds) in my IRA and focus on lower dividend stock funds in the brok...
by NoblesvilleIN
Sat Sep 28, 2019 12:34 pm
Forum: Personal Investments
Topic: Retirees - do you hold extra cash for a bear market?
Replies: 93
Views: 10426

Re: Retirees - do you hold extra cash for a bear market?

From the context of the OP, I am assuming that you mean holding cash to keep from selling equities when they are low and not the idea of "dry powder" to purchase equities when they are low. I am getting ready to start month 10 of my retirement and DW is still working (until the end of this year), so...
by NoblesvilleIN
Sun Sep 22, 2019 5:33 pm
Forum: Personal Consumer Issues
Topic: Stump Grinder - Ridiculous Side Hustle??
Replies: 51
Views: 8003

Re: Stump Grinder - Ridiculous Side Hustle??

I agree with Stealthrabbit. I researched a couple of years ago purchasing a PTO stump grinder for our utility tractor. Looking at tractor forums, the consensus is that they are very hard on tractors (vibration damage). I decided that I would let most of the stumps on our property rot and possibly re...
by NoblesvilleIN
Sun Sep 22, 2019 10:09 am
Forum: Personal Consumer Issues
Topic: live close to construction, air purifier recommendation?
Replies: 24
Views: 2122

Re: live close to construction, air purifier recommendation?

Do you live in a state with a "fugitive dust rule"? Many years ago, a sub-division was being built next to us and we were getting enough dust that it wasn't pleasant to be outside. A call to the developer and a complaint to the state's environmental department and the developer started spraying wate...
by NoblesvilleIN
Tue Sep 17, 2019 9:43 am
Forum: Investing - Theory, News & General
Topic: Spreadsheets
Replies: 77
Views: 6974

Re: Spreadsheets

I have two spreadsheets. One is a single tab that gets updated on January 1st each year that tracks our progress. The top section has a row for each account (taxable, my IRA, her IRA, checking, saving, ESPP (when I was working), etc.). It lists the value of each account on 12/31/xx. The bottom secti...
by NoblesvilleIN
Mon Sep 16, 2019 9:32 am
Forum: Personal Investments
Topic: wisdom of moving a CD ladder
Replies: 5
Views: 889

Re: wisdom of moving a CD ladder

I have my CD ladder at Fidelity (a brokerage). A nice thing about a brokerage is that they offer CD's from various institutions. I simply look for the highest rate in the tier (1-year, 18-month, 2-year, etc.) that I am interested. Currently I have CD's from Goldman Sachs, Morgan Stanley, and Wells F...
by NoblesvilleIN
Mon Sep 16, 2019 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Do I Need a Real Estate Agent if Building a Home?
Replies: 14
Views: 1918

Re: Do I Need a Real Estate Agent if Building a Home?

About 30 years ago we had a house built on land (not a lot) that we had purchased the prior year. A realtor was involved in the purchase of the land, but not in the building of the house. So the commission was on the land price. The title work was based on unimproved land. At that time, you could pu...
by NoblesvilleIN
Sun Sep 15, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: DCRA Reimbursement for Grandparent Watching Our Child
Replies: 1
Views: 295

Re: DCRA Reimbursement for Grandparent Watching Our Child

My answer is based on what we did 20 years ago with our children. Rules might have changed since then. We paid MIL to watch kids in her home using Dependent Care set aside funds. Company required MIL's SSN for reimbursement, so I assumed they reported it to IRS. MIL declared it as income on her taxe...