Search found 16 matches

by patandjames72
Sun Nov 03, 2019 7:31 am
Forum: Personal Investments
Topic: Monthly Dividends
Replies: 16
Views: 2294

Re: Monthly Dividends

"by the way, I noticed a pattern (that's what humans do, try to recognize patterns). these stock picks of yours all seem to deal with real estate. Do you consider investing in one sector (real estate) to be a diversified portfolio for your Roth IRA?" I am well diversified, across the whole of my inv...
by patandjames72
Sun Nov 03, 2019 7:26 am
Forum: Personal Investments
Topic: Monthly Dividends
Replies: 16
Views: 2294

Re: Monthly Dividends

"Have you noticed that the share price of these stocks drops by the same amount as the dividend, such that one has the same total dollar amount before and after the dividend?" I have been monitoring especially MAIN this year - the stock drops for 1 day then recovers higher thru the next week. I star...
by patandjames72
Sat Nov 02, 2019 10:14 pm
Forum: Personal Investments
Topic: Monthly Dividends
Replies: 16
Views: 2294

Monthly Dividends

Just moved my work 401K Roth to Schwab Roth IRA. I am investing in companies that pay monthly dividends. The best one is MAIN (.205 cents per share per month, plus December special dividend of .24 cents per share for a $43 stock; EPR (.375 cents per share per month for a $77 stock; LTC (.19 cents pe...
by patandjames72
Sun Oct 13, 2019 9:51 am
Forum: Personal Investments
Topic: Still contribute to my ROTH IRA?
Replies: 17
Views: 1825

Re: Still contribute to my ROTH IRA?

I just was forced to retire at 67. The last 15 years I just contributed to my Roth 401K - and I thank me for doing just that maxing out my contributions. I do not want to pay the tax man - and it makes a big difference when u retire to have much more in a Roth - than in a traditional IRA, in my vie...
by patandjames72
Sat Oct 12, 2019 8:43 am
Forum: Personal Investments
Topic: Still contribute to my ROTH IRA?
Replies: 17
Views: 1825

Re: Still contribute to my ROTH IRA?

https://finance.yahoo.com/video/spendin ... 34772.html


Interesting comments on this topic - timely
by patandjames72
Fri Oct 11, 2019 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare PartB - reduce paid amount each month?
Replies: 2
Views: 506

Medicare PartB - reduce paid amount each month?

So let me try to explain this: In 2019 I was laid off from my job. I got severance package worth gross as $145,000. I was not laid off tho until April 1st. so I got income for the 1st quarter as $36,000. So for 2019, my gross income was $181,000. My wife only contributes $35,000 per year - so our 20...
by patandjames72
Fri Oct 11, 2019 4:53 pm
Forum: Personal Investments
Topic: Still contribute to my ROTH IRA?
Replies: 17
Views: 1825

Re: Still contribute to my ROTH IRA?

I just was forced to retire at 67. The last 15 years I just contributed to my Roth 401K - and I thank me for doing just that maxing out my contributions. I do not want to pay the tax man - and it makes a big difference when u retire to have much more in a Roth - than in a traditional IRA, in my view.
by patandjames72
Fri Oct 11, 2019 4:49 pm
Forum: Personal Investments
Topic: Retirees, when did you start really planning your retirement?
Replies: 53
Views: 5285

Re: Retirees, when did you start really planning your retirement?

I started in my 50's; I built an excel so I can track my expenses year over year; I maxed out my 401K; I signed up for Kiplingers and Money Mags and did alot of research - Good Luck
by patandjames72
Sun Jan 13, 2019 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Medicare enrollment-Part B only
Replies: 15
Views: 1796

Re: Medicare enrollment-Part B only

I too am forced to retire from my job of 23 years. I have the 2 forms to fill out - Monday will discuss with my Human Resources Dept - since my firm is so big not sure where - what office to go to and get the forms signed - will resolve this on Jan 14th. How long after the ss visit(planning 15th) to...
by patandjames72
Sun Dec 09, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Planning with a Disabled Child
Replies: 12
Views: 1414

Re: Social Security Planning with a Disabled Child

I started the Spousal benefit off my wife's record - not mine. [My record still grows at apx 8% per year until 70, I am 66 now] - the spousal benefit starts at my FRA in July 2018. What SS did was take my wife's family maximum and subtract her monthly retirement - then they split the remainder betwe...
by patandjames72
Sun Oct 14, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Planning with a Disabled Child
Replies: 12
Views: 1414

Re: Social Security Planning with a Disabled Child

My 26 year old disabled son moved from SSI to SSD 2 years ago when my wife retired at 66(her FRA). She gets $2146/mo now. My son received 50% of my wife's SS$ ($1073). My wife had a family cap of $3,665 [from 2016 statement]. I am still working at 66 years old and plan to continue until my company c...
by patandjames72
Wed Sep 05, 2018 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Filing Restricted SS Application - Language Check
Replies: 52
Views: 6447

Re: Filing Restricted SS Application - Language Check

So this is our situation - my wife's CAP total family benefit - $3,665 ; She gets SS based on her work record of $2,146 per month. Yes, our son is disabled before the age of 26 - he gets SS Disability of $1,073 (50% of my wife's); so I guess now that I am 66 at my FRA - it must be her benefit plus h...
by patandjames72
Tue Sep 04, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Filing Restricted SS Application - Language Check
Replies: 52
Views: 6447

Re: Filing Restricted SS Application - Language Check

Social Security contacted my wife, now that I am applying for her benefit - SSA is going to reduce her benefit - there is I am told a CAP on monthly benefits for the family overall (that applies for me to get this spousal benefit). My wife does not want her benefit reduced, so I am going to withdraw...
by patandjames72
Sun Jul 15, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Filing Restricted SS Application - Language Check
Replies: 52
Views: 6447

Re: Filing Restricted SS Application - Language Check

Thanks you for the message - I imaged it, and sent it back yesterday.
by patandjames72
Sat Jul 14, 2018 6:01 am
Forum: Personal Finance (Not Investing)
Topic: Filing Restricted SS Application - Language Check
Replies: 52
Views: 6447

Re: Filing Restricted SS Application -next step

So filed online, seems simple enough- just received Form OMB No. 096-0009 Marriage Centification in the mail for my wife to fill out. It asks for her previous marriages, but she has none. And it looks like we "do not" have to file a copy of the marriage certiicicate. Would it be a good idea to attac...
by patandjames72
Sun Jul 01, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Filing Restricted SS Application - Language Check
Replies: 52
Views: 6447

Re: Filing Restricted SS Application - Language Check

So I reach my FRA on July 27th, 2018. My wife is now receiving social security that she took at 66. I am still working getting over 145K per year. I was planning to file online on about Aug6th to get my SIB. My question is - there should be no issue with me filing in August against my wifes' Social ...