Search found 202 matches

by mtwhmemn
Mon Jul 13, 2020 7:11 am
Forum: Personal Finance (Not Investing)
Topic: Withdrawals at retirement from 50/50 portfolio
Replies: 10
Views: 810

Re: Withdrawals at retirement from 50/50 portfolio

No, that's about it. If you don't have one already, you need to create a withdrawal policy statement. Not familiar but just did a bit of Googling and is that something designed for folks that use a manager to make distributions? I'm self directed until I decide to put it all on auto-pilot well befo...
by mtwhmemn
Mon Jul 13, 2020 6:59 am
Forum: Personal Finance (Not Investing)
Topic: Withdrawals at retirement from 50/50 portfolio
Replies: 10
Views: 810

Re: Withdrawals at retirement from 50/50 portfolio

Just be aware of your marginal tax rates. For example, when you eventually get social security, and maybe your tax rate is higher, the Roth may become more useful. You can use it when you bump against a higher rate. So, depending on your situation, you might keep than in mind. In other words, don't...
by mtwhmemn
Mon Jul 13, 2020 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Withdrawals at retirement from 50/50 portfolio
Replies: 10
Views: 810

Re: Withdrawals at retirement from 50/50 portfolio

No, that's about it. If you don't have one already, you need to create a withdrawal policy statement. Not familiar but just did a bit of Googling and is that something designed for folks that use a manager to make distributions? I'm self directed until I decide to put it all on auto-pilot well befo...
by mtwhmemn
Sun Jul 12, 2020 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawals at retirement from 50/50 portfolio
Replies: 10
Views: 810

Re: Withdrawals at retirement from 50/50 portfolio

Peter Foley wrote:
Sun Jul 12, 2020 7:29 pm
OP does not mention if there is a taxable account. If there is, his basic premise "take it out and keep the AA close to plan" does not change, but the account from which they take funds to live on may.
We have a taxable account but it only contains ~2% of assets.
by mtwhmemn
Sun Jul 12, 2020 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawals at retirement from 50/50 portfolio
Replies: 10
Views: 810

Withdrawals at retirement from 50/50 portfolio

Married couple close to early retirement & our portfolio is pretty close to AA below. 30% Vanguard Total Stock Market Index Fund (VTSAX) 20%Vanguard Total International Stock Index Fund (VTIAX) 50% Vanguard Total Bond Market Fund (VBTLX) About 15% of entire portfolio is in ROTH, the rest in IRAs and...
by mtwhmemn
Tue Jul 07, 2020 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 2947
Views: 228694

Re: Refinance Mega Thread

Wells Fargo is offering me 20 years 2.875%, less than $2000 to close. (I'm having rep send me exact numbers - loan in $188K.) I'm currently with Wells 30 years 3.875%. I just did this last July when I got out of an ARM. I was wondering if this is reasonable in the current environment? Probably reas...
by mtwhmemn
Tue Jul 07, 2020 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 2947
Views: 228694

Re: Refinance Mega Thread

Wells Fargo is offering me 20 years 2.875%, less than $2000 to close. (I'm having rep send me exact numbers - loan in $188K.) I'm currently with Wells 30 years 3.875%. I just did this last July when I got out of an ARM. I was wondering if this is reasonable in the current environment? Probably reas...
by mtwhmemn
Tue Jul 07, 2020 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 2947
Views: 228694

Re: Refinance Mega Thread

Wells Fargo is offering me 20 years 2.875%, less than $2000 to close. (I'm having rep send me exact numbers - loan in $188K.) I'm currently with Wells 30 years 3.875%. I just did this last July when I got out of an ARM. I was wondering if this is reasonable in the current environment?
by mtwhmemn
Sun Jun 28, 2020 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Don’t Just Do Something, Stand There?!?!?
Replies: 11
Views: 2041

Re: Don’t Just Do Something, Stand There?!?!?

Thanks all for the reinforcement to leave the ROTH money alone. I will not touch it. Last year I was able to roll over/xfer ~$30K from TIRA to ROTH in addition to our usual contributions and stay within our tax bracket. Since my income this year will be low, I'll do the same up to the limit of our ...
by mtwhmemn
Sun Jun 28, 2020 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Don’t Just Do Something, Stand There?!?!?
Replies: 11
Views: 2041

Re: Don’t Just Do Something, Stand There?!?!?

Married empty nesters both ~57 years old. ~$2.1 million in sheltered accounts. ($300K of 2.1M in ROTHs) ~40K of 2.1M in cash 50/30/20 portfolio all Vangaurd index Bond/Stk/Int'l Stk. ~$190K mortgage @ 3.875% -29 years left on mortgage refied last year hope to do it again if I can before end of year...
by mtwhmemn
Sun Jun 28, 2020 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Don’t Just Do Something, Stand There?!?!?
Replies: 11
Views: 2041

Re: Don’t Just Do Something, Stand There?!?!?

Married empty nesters both ~57 years old. ~$2.1 million in sheltered accounts. ($300K of 2.1M in ROTHs) ~40K of 2.1M in cash 50/30/20 portfolio all Vangaurd index Bond/Stk/Int'l Stk. ~$190K mortgage @ 3.875% -29 years left on mortgage refied last year hope to do it again if I can before end of year...
by mtwhmemn
Sun Jun 28, 2020 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Don’t Just Do Something, Stand There?!?!?
Replies: 11
Views: 2041

Re: Don’t Just Do Something, Stand There?!?!?

Thanks all for the reinforcement to leave the ROTH money alone. I will not touch it. Last year I was able to roll over/xfer ~$30K from TIRA to ROTH in addition to our usual contributions and stay within our tax bracket. Since my income this year will be low, I'll do the same up to the limit of our b...
by mtwhmemn
Sun Jun 28, 2020 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Don’t Just Do Something, Stand There?!?!?
Replies: 11
Views: 2041

Don’t Just Do Something, Stand There?!?!?

Married empty nesters both ~57 years old. ~$2.1 million in sheltered accounts. ($300K of 2.1M in ROTHs) ~40K of 2.1M in cash 50/30/20 portfolio all Vangaurd index Bond/Stk/Int'l Stk. ~$190K mortgage @ 3.875% -29 years left on mortgage refied last year hope to do it again if I can before end of year ...
by mtwhmemn
Wed Jun 24, 2020 1:39 pm
Forum: Personal Consumer Issues
Topic: Pilot, Highlander or CX-9
Replies: 62
Views: 5525

Re: Pilot, Highlander or CX-9

It has way more room than most SUVs and will have a more car like ride since it isn't a truck. I like to think about most SUVs as trucks, because they are on truck like frames. Most SUVs today are unibody, and even some trucks like the Ridgeline, Cybertruck and Santa Cruz. https://www.motor1.com/fe...
by mtwhmemn
Wed Jun 24, 2020 12:38 pm
Forum: Personal Consumer Issues
Topic: Pilot, Highlander or CX-9
Replies: 62
Views: 5525

Re: Pilot, Highlander or CX-9

I didn't see if you required extra ground clearance or extra towing ability? Someone suggested a minivan and since you are already a Honda person like me I'll suggest an Odyssey. A minivan is easier to load in and out of since it is lower. It has way more room than most SUVs and will have a more car...
by mtwhmemn
Mon Jun 22, 2020 4:43 pm
Forum: Personal Investments
Topic: Vanguard Personal Advisors Services
Replies: 78
Views: 5183

Re: Vanguard Personal Advisors Services

I was contacted by my "RELATIONSHIP MANAGER" at Vanguard via my account to set up an appointment "to discuss a few account related items", so I did. As I suspected it was a sales call basically for the paid service, plus he wanted to know if my needs were being satisfied. He was fairly new to being...
by mtwhmemn
Mon Jun 22, 2020 4:36 pm
Forum: Personal Investments
Topic: Vanguard Personal Advisors Services
Replies: 78
Views: 5183

Re: Vanguard Personal Advisors Services

I was contacted by my "RELATIONSHIP MANAGER" at Vanguard via my account to set up an appointment "to discuss a few account related items", so I did. As I suspected it was a sales call basically for the paid service, plus he wanted to know if my needs were being satisfied. He was fairly new to being ...
by mtwhmemn
Sun Jun 14, 2020 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Close my S-Corp? Pros and Cons?
Replies: 8
Views: 529

Re: Should I Close my S-Corp? Pros and Cons?

If you still need some liability protection and want to separate your business from your personal affairs, you should consider closing the S Corp and opening an LLC. A limited liability company (LLC) is a business structure in the United States whereby the owners are not personally liable for the c...
by mtwhmemn
Sun Jun 14, 2020 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Close my S-Corp? Pros and Cons?
Replies: 8
Views: 529

Re: Should I Close my S-Corp? Pros and Cons?

If you still need some liability protection and want to separate your business from your personal affairs, you should consider closing the S Corp and opening an LLC. A limited liability company (LLC) is a business structure in the United States whereby the owners are not personally liable for the c...
by mtwhmemn
Sun Jun 14, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Close my S-Corp? Pros and Cons?
Replies: 8
Views: 529

Re: Should I Close my S-Corp? Pros and Cons?

If you still need some liability protection and want to separate your business from your personal affairs, you should consider closing the S Corp and opening an LLC. A limited liability company (LLC) is a business structure in the United States whereby the owners are not personally liable for the c...
by mtwhmemn
Sun Jun 14, 2020 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Close my S-Corp? Pros and Cons?
Replies: 8
Views: 529

Should I Close my S-Corp? Pros and Cons?

I am the only employee of my S-Corp. My business of well over 30 years has been slowing for a few years, but in business there are ups and downs. Last year income was OK, but I've lost my last big client (they moved to another area) and have very little hope of it improving as business has been in d...
by mtwhmemn
Wed Jun 10, 2020 3:12 pm
Forum: Personal Consumer Issues
Topic: How to be informed but tune out the noise?
Replies: 26
Views: 1790

Re: How to be an informed citizen but tune out the noise

NPR local station or app. 5 min newscast at the top of the hour, and you can add other stories (including about music, culture, etc and feel good stories) to the playlist. Calm interviews on multiple angles of stories, no crazy imagery or flashing graphics. Marketplace is a good informative busines...
by mtwhmemn
Wed Jun 10, 2020 3:11 pm
Forum: Personal Consumer Issues
Topic: How to be informed but tune out the noise?
Replies: 26
Views: 1790

Re: How to be an informed citizen but tune out the noise

NPR local station or app. 5 min newscast at the top of the hour, and you can add other stories (including about music, culture, etc and feel good stories) to the playlist. Calm interviews on multiple angles of stories, no crazy imagery or flashing graphics. Marketplace is a good informative busines...
by mtwhmemn
Mon Jun 08, 2020 1:20 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 447
Views: 24953

Re: What fun car should I get in the $150k - $200k range?

From the OP: -relatively fun to -drive legally -not a lot of depreciation in the short term (I think it was said somewhere) I'm a car guy. I've owned sports cars most of my life (I'm 57) and with the 3 criteria above you can eliminate modern Ferrari, Lamborghini, Maserati, Bentley, etc...because th...
by mtwhmemn
Mon Jun 08, 2020 12:42 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 447
Views: 24953

Re: What fun car should I get in the $150k - $200k range?

From the OP: -relatively fun to -drive legally -not a lot of depreciation in the short term (I think it was said somewhere) I'm a car guy. I've owned sports cars most of my life (I'm 57) and with the 3 criteria above you can eliminate modern Ferrari, Lamborghini, Maserati, Bentley, etc...because the...
by mtwhmemn
Thu Jun 04, 2020 8:35 am
Forum: Personal Consumer Issues
Topic: First Model Year Acura
Replies: 18
Views: 1191

Re: First Model Year Acura

Now, the new TLX will have all new double wishbone suspension, unlike the struts on most Hondas / cars. That should make handling very, very good. The engine should be solid - Honda makes more internal combustion engines than any company in the the world. The transmission will be good, no more dual...
by mtwhmemn
Thu Jun 04, 2020 8:33 am
Forum: Personal Consumer Issues
Topic: First Model Year Acura
Replies: 18
Views: 1191

Re: First Model Year Acura

Now, the new TLX will have all new double wishbone suspension, unlike the struts on most Hondas / cars. That should make handling very, very good. The engine should be solid - Honda makes more internal combustion engines than any company in the the world. The transmission will be good, no more dual...
by mtwhmemn
Wed Jun 03, 2020 3:42 pm
Forum: Personal Consumer Issues
Topic: First Model Year Acura
Replies: 18
Views: 1191

Re: First Model Year Acura

Now, the new TLX will have all new double wishbone suspension, unlike the struts on most Hondas / cars. That should make handling very, very good. The engine should be solid - Honda makes more internal combustion engines than any company in the the world. The transmission will be good, no more dual...
by mtwhmemn
Wed Jun 03, 2020 3:07 pm
Forum: Personal Consumer Issues
Topic: First Model Year Acura
Replies: 18
Views: 1191

Re: First Model Year Acura

I consider myself very well informed and extremely experienced with Honda automotive products. I've owned Honda products most of the last 35 years. Currently own 4. I understand your question and concerns with the purchase of a new model. I went against traditional thinking and purchased a new 4 cyl...
by mtwhmemn
Wed May 27, 2020 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 48
Views: 5377

Re: Customer hasn't paid me not worth cost of lawyer but...

Got a notification from Quickbooks the invoice was paid via AMEX today. AFTER, earlier today updating my invoice (online) to reflect almost 60 days of interest at 8% per month. That was the button that got pushed to make them pay. That and I told them if they paid by this Friday I'd waive the addit...
by mtwhmemn
Wed May 27, 2020 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 48
Views: 5377

Re: Customer hasn't paid me not worth cost of lawyer but...

Yes, 8%. I didn't think I'd ever see any of the money so what's the difference - 8% 10% whatever. I said waive the fees if I was paid by Friday so it was a win win.
by mtwhmemn
Wed May 27, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 48
Views: 5377

Re: Customer hasn't paid me not worth cost of lawyer but...

Got a notification from Quickbooks the invoice was paid via AMEX today. AFTER, earlier today updating my invoice (online) to reflect almost 60 days of interest at 8% per month. That was the button that got pushed to make them pay. That and I told them if they paid by this Friday I'd waive the additi...
by mtwhmemn
Tue May 26, 2020 3:57 pm
Forum: Personal Consumer Issues
Topic: Does software play a role in choosing TV
Replies: 28
Views: 1436

Re: Does software play a role in choosing TV

I dread changing anything to do with my living room TV set-up because of the learning curve for my wife. Bottom line is Samsung TV from Costco "happened" because I wanted a 65" to replace the 50" and it worked out really well. One remote for everything. Got rid of Apple TV because it wasn't necessar...
by mtwhmemn
Mon May 25, 2020 1:18 pm
Forum: Personal Consumer Issues
Topic: Pandemic buys that have improved quality of life?
Replies: 156
Views: 15379

Re: Pandemic buys that have improved quality of life?

I live with wife and son (moved home just because of pandemic working here remotely). I have a set of noise cancelling headphones we bought for a couple long flights (we had to cancel because of C19) and have used them a lot to listen to podcasts, news, YouTube, etc...plus the Airpods I already had....
by mtwhmemn
Mon May 25, 2020 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 48
Views: 5377

Re: Customer hasn't paid me not worth cost of lawyer but...

I learned a long time ago net 60 means 60 days from whenever your contact decides your invoice is approved and presents it to accounting. Or 60 days from whenever accounting gets all their i's dotted and t's crossed. The 60, or 90, or whatever bore no relation to the date on your invoice or the dat...
by mtwhmemn
Mon May 25, 2020 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 48
Views: 5377

Re: Customer hasn't paid me not worth cost of lawyer but...

I'm self employed and did a job back in Feb. of this year and haven't been paid. $1200 invoice. Customer told me upfront they pay net 60 and I was OK with that. Well C19 happened and they say they won't pay me until their office reopens because they are not set up for "remote" payment. They are in ...
by mtwhmemn
Sun May 24, 2020 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 48
Views: 5377

Re: Customer hasn't paid me not worth cost of lawyer but...

birnhamwood wrote:
Sun May 24, 2020 6:22 pm
A letter to the Better Business Bureau got the immediate attention of a business that owed me $1300.

I was paid in full within two or three weeks.
This I like.
by mtwhmemn
Sun May 24, 2020 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 48
Views: 5377

Re: Customer hasn't paid me not worth cost of lawyer but...

Well C19 happened and they say they won't pay me until their office reopens because they are not set up for "remote" payment. I don't believe that. If they do not pay things like cell phone bills,credit cards, utilities, etc then those would likely be cut off. I think that special rules about doing...
by mtwhmemn
Sun May 24, 2020 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 48
Views: 5377

Re: Customer hasn't paid me not worth cost of lawyer but...

Jefferson wrote:
Sun May 24, 2020 9:28 am
At least two things you can do without a lawyer:

- Go to small claims court.

- File a UCC-1 - https://www.gsccca.org/file/ucc-forms
Thanks very much!
by mtwhmemn
Sun May 24, 2020 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Customer hasn't paid me not worth cost of lawyer but...
Replies: 48
Views: 5377

Customer hasn't paid me not worth cost of lawyer but...

I'm self employed and did a job back in Feb. of this year and haven't been paid. $1200 invoice. Customer told me upfront they pay net 60 and I was OK with that. Well C19 happened and they say they won't pay me until their office reopens because they are not set up for "remote" payment. They are in G...
by mtwhmemn
Sun May 03, 2020 7:10 am
Forum: Personal Consumer Issues
Topic: [recommend a basic] refrigerator
Replies: 22
Views: 1743

Re: [recommend a basic] refrigerator

Don't cheap out like I did I bought a Hisense 17.1-Cu Ft Counter-Depth Bottom-Freezer Refrigerator. But, it is just a garage beer fridge with a bottom freezer for extra food so whatever. It is not nearly as well made as the LG we have inside. The Hisense is so light it moves when you open the door!
by mtwhmemn
Sun May 03, 2020 7:05 am
Forum: Personal Consumer Issues
Topic: Lawnmower recommendation
Replies: 65
Views: 4083

Re: Lawnmower recommendation

I kept a Craftsman self propelled push mower going for around 20 years, but it takes maintenance which I don't mind doing. It finally developed a massive oil leak on the bottom due to me running it when the blade wasn't fastened properly and the imbalance shook it so bad the seal broke so my bad. I ...
by mtwhmemn
Sun Apr 19, 2020 1:41 pm
Forum: Personal Consumer Issues
Topic: Which canister type vacuum cleaner can I get part to repair reasonably.
Replies: 2
Views: 200

Which canister type vacuum cleaner can I get part to repair reasonably.

We have a Kenmore Progressive canister vacuum cleaner that is in need of some small plastic parts/wheels, but it is too old to be worth my time to order and repair. I bought it used off ebay around 6 years ago so it doesn't owe me anything. I'd like to buy another one, a canister type, and since I l...
by mtwhmemn
Thu Apr 16, 2020 4:02 pm
Forum: Personal Consumer Issues
Topic: Apple Released a New Low-cost Iphone
Replies: 172
Views: 14545

Re: Apple Released a New Low-cost Iphone

I've used iPhones since the 3G was released. I bought them all and sold them for the improvements up until the 6 which I kept for 3 years. It was kind of the point of diminishing return for me. Then I bought a new-like used 8 about 3 years ago and it is still a great phone but the battery is aging. ...
by mtwhmemn
Mon Apr 13, 2020 5:34 am
Forum: Personal Consumer Issues
Topic: Looking for green screen recommendation
Replies: 7
Views: 872

Re: Looking for green screen recommendation

Green screen set-up requires light on the green and light on the subject. So, if you did go that route you'd need a lot of lights to do it correctly to get a good, clean key. Another option is if you have a really big TV, 65" plus, is do what the Today show is doing with Savannah Guthrie at her home...
by mtwhmemn
Tue Apr 07, 2020 4:09 pm
Forum: Personal Consumer Issues
Topic: good books on lawn care for beginners?
Replies: 25
Views: 1509

Re: good books on lawn care for beginners?

I have gorgeous grass. You don't need to read books...you just need to get your calendar and fill it in with things to do on the advice of a pro in your area at a "real" pro level fertilizer/landscape supplier. I mostly learned how to do it from my brother in law who is a golf course manager. The mo...
by mtwhmemn
Fri Apr 03, 2020 11:48 am
Forum: Personal Consumer Issues
Topic: Bathroom / Shower Mold
Replies: 5
Views: 674

Re: Bathroom / Shower Mold

We have been using Tilex for many years to mitigate the mold in our tiled shower stall. We also run the exhaust fan whenever we shower and squeegee the walls and floor after every use. Using the squeegee is a habit now after all these years of doing it we don't think anything of it. A couple months ...
by mtwhmemn
Sat Mar 28, 2020 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Single member s-Corp and stimulus bill
Replies: 22
Views: 812

Re: Single member s-Corp and stimulus bill

I too am the only employee of my S-Corp. I sent out my last bill for services March 18 and I don't expect to send out another bill until who know when - likely 5+ months no real idea when I'll get back to work. I have receivables and don't know if that plays into the equation. If I file for unemplo...
by mtwhmemn
Sat Mar 28, 2020 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Single member s-Corp and stimulus bill
Replies: 22
Views: 812

Re: Single member s-Corp and stimulus bill

I'd just lose the protection an S-Corp provides in terms of liability. What industry are you in? What Insurance coverage can you get as a S Corp that you cannot get as Sole Prop? Curious to know. I'm in a service industry that performs work on location primarily at my corporate clients offices. So,...
by mtwhmemn
Sat Mar 28, 2020 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Single member s-Corp and stimulus bill
Replies: 22
Views: 812

Re: Single member s-Corp and stimulus bill

I too am the only employee of my S-Corp. I sent out my last bill for services March 18 and I don't expect to send out another bill until who know when - likely 5+ months no real idea when I'll get back to work. I have receivables and don't know if that plays into the equation. If I file for unemplo...