Search found 628 matches

by BarbBrooklyn
Sun May 24, 2020 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed regarding debt
Replies: 42
Views: 3204

Re: Advice Needed regarding debt

At the risk of venturing into the non-financial realm of things, I am also wondering why she has such a low paying job. Is this low level clinical depression? The need to have a job that was extremely flexible because of her mom's illness? Perceived need to stay close to home? I'm thinking about a f...
by BarbBrooklyn
Sun May 24, 2020 5:28 am
Forum: Personal Finance (Not Investing)
Topic: New here, need help with creating a nest egg for my autistic son
Replies: 19
Views: 1495

Re: New here, need help with creating a nest egg for my autistic son

Would you consider posting your portfolio here in the format described here https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 Is it possible for for you to add income to the family coffers by going back to work? I would be wary of thinking that a paid off home in LCOL area will give your son...
by BarbBrooklyn
Tue May 19, 2020 6:51 pm
Forum: Personal Investments
Topic: What single individual stock would you buy?
Replies: 133
Views: 9962

Re: What single individual stock would you buy?

Rosencrantz1 wrote:
Sat Apr 11, 2020 6:22 pm
XPFL wrote:
Sat Apr 11, 2020 5:53 pm
Costco
+1 Costco has an EXTREMELY loyal customer base (and, obviously, a great business model).

+ 1
Bought some in Mid March. My first single stock purchase, and my last.
by BarbBrooklyn
Wed May 13, 2020 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Social Security check late?
Replies: 4
Views: 373

Re: Social Security check late?

I am a "second Wednesday " SS recipient and the money is in my account today.

I think a lot of folks don't "get" that SS is not distributed by date of the month (1st or 15th, say) but by week (first Wednesday, second Wednesday) so the DATE that the check shows up varies widely.
by BarbBrooklyn
Tue May 12, 2020 4:10 am
Forum: Personal Finance (Not Investing)
Topic: Broke mother-in-law retiring due to COVID-19
Replies: 54
Views: 6488

Re: Broke mother-in-law retiring due to COVID-19

Here is a link to senior housing in Suffolk county https://www.huntingtonny.gov/content/13751/16461/18802/100620/18816/default.aspx You might want to contact the Area Agency on Aging for Suffolk County to find out what resources they have. They might be able to advise on jobs as well. She is lucky t...
by BarbBrooklyn
Tue May 12, 2020 1:29 am
Forum: Personal Finance (Not Investing)
Topic: Deferred Compensation Money Gets Taxed
Replies: 46
Views: 2645

Re: Deferred Compensation Money Gets Taxed

Have you spoken to your payroll department?

It seems like it must be an error.
by BarbBrooklyn
Mon May 11, 2020 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed - sister's home in foreclosure - terminal cancer
Replies: 26
Views: 2840

Re: Advice needed - sister's home in foreclosure - terminal cancer

Sandtrap wrote:
Mon May 11, 2020 9:35 pm
Seek legal counsel to orchestrate the suggestions in this thread, and to take care of everyone’s needs.

A third party with a calm objective mind is important.
j🌺
+1
by BarbBrooklyn
Mon May 11, 2020 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed - sister's home in foreclosure - terminal cancer
Replies: 26
Views: 2840

Re: Advice needed - sister's home in foreclosure - terminal cancer

So, I'm going to speak the unspeakable here. Just make sure that this whole request is legitimate. I'm sure your sister is terminally ill and that there is financial need. The fact that they didn't realize that there is foreclosure relief in their state raised the "suspicious" hairs on the back of m...
by BarbBrooklyn
Mon May 11, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed - sister's home in foreclosure - terminal cancer
Replies: 26
Views: 2840

Re: Advice needed - sister's home in foreclosure - terminal cancer

Also, make sure that sons consider any Medicaid-related ramifications. As an up thread poster said, hospice does not always indicate a quick demise.
by BarbBrooklyn
Mon May 11, 2020 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed - sister's home in foreclosure - terminal cancer
Replies: 26
Views: 2840

Re: Advice needed - sister's home in foreclosure - terminal cancer

Off topic, but consider that the sons might consider a hospice facility at this point
by BarbBrooklyn
Sun May 10, 2020 1:38 am
Forum: Personal Investments
Topic: College age kid wrecked his car...
Replies: 113
Views: 6042

Re: College age kid wrecked his car...

Good plan! I hit a deer once, believe me, it was the deer's fault.

And I own a Honda Fit. Most awesome car ever. Might want to look for one of those. Exceptionally reliable.
by BarbBrooklyn
Sun May 10, 2020 1:31 am
Forum: Personal Consumer Issues
Topic: Scams that make me laugh -- what are you favorites?
Replies: 105
Views: 13868

Re: Scams that make me laugh -- what are you favorites?

Russian accented guy telling me he was the IRS and that I was about to be....

Hung up and faced the phone number to the IRS.

Saw in the news the next week that a group of Russian folks had been arrested in my city.
by BarbBrooklyn
Sun May 10, 2020 1:00 am
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA question
Replies: 3
Views: 333

Re: Dependent Care FSA question

I don't have an answer to your question, but I think that Congress is going to have to address all this unused FSA money in the next relief bill. It's a huge problem. Consider writing to your local Representative and Senator about the issue. Edited to add: found this IRS q&a link which I think answe...
by BarbBrooklyn
Sat May 09, 2020 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: defined benefit plan
Replies: 22
Views: 1530

Re: defined benefit plan

Any defined benefit plan should have plan documents that lay out the formula used to define the benefit , responsibilities of the contributors, the company and the plan administrator. If you don't have a copy, you should ask for one so that you can see what you are putting your money into. Edited to...
by BarbBrooklyn
Sat May 09, 2020 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Advice for first time homebuyer? Cheapest mortgages?
Replies: 9
Views: 1056

Re: Advice for first time homebuyer? Cheapest mortgages?

I think that's a 3.5% down, not an interest rate, right?

I usually start by checking Bankrate for an overview of mortgage rates.
by BarbBrooklyn
Sun May 03, 2020 5:45 pm
Forum: Personal Investments
Topic: Best option if you want to preserve principal, but have higher yield than money market
Replies: 17
Views: 1403

Re: Best option if you want to preserve principal, but have higher yield than money market

My ladder of Capital One CDs are still earning a tad more than my MM. Everytime I hit a certain # in my MM, I transfer 5k to a 1 year CD.
by BarbBrooklyn
Fri May 01, 2020 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: New Grad's Housing Question
Replies: 15
Views: 634

Re: New Grad's Housing Question

For sofa and bed frame, check out Floyd.com. Easily moveable and flexible.
by BarbBrooklyn
Sat Apr 25, 2020 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: I need financial/general advice
Replies: 47
Views: 2903

Re: I need financial/general advice

Can you tell us in a general way what you do, and what you hate about It?

Day trading is a bad idea, but think about what appeals to you about it. Working with numbers, adrenaline rush, decision making?

What did you enjoy most in school?
by BarbBrooklyn
Thu Apr 23, 2020 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Premium Questions
Replies: 18
Views: 1269

Re: Medicare Premium Questions

General advice...get a copy of Medicare for Dummies. It's an invaluable resource.
by BarbBrooklyn
Wed Apr 22, 2020 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Parents want me to pay off their mortgage in exchange for title
Replies: 102
Views: 9215

Re: Parents want me to pay off their mortgage in exchange for title

Lynx, I went back and read some of your other posts. You and your wife are aggressive savers. You don't own a home and it doesn't appear that you have kids yet. Your parents, for whatever reason, are poor money managers. They are NOT realistic about business matters and it doesn't sound like they ar...
by BarbBrooklyn
Wed Apr 22, 2020 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: CA employee, over 65 in lockdown - 2 questions
Replies: 18
Views: 3002

Re: CA employee, over 65 in lockdown - 2 questions

I totally agree that the whole Medicare thing is terribly complicated, and kicks in just at the time when your (I should say my) cognitive skills are declining. But the thing is, employee med ins choices are no less complicated, except that we know that we are limited and can talk to colleagues. Ret...
by BarbBrooklyn
Wed Apr 22, 2020 7:22 am
Forum: Personal Finance (Not Investing)
Topic: CA employee, over 65 in lockdown - 2 questions
Replies: 18
Views: 3002

Re: CA employee, over 65 in lockdown - 2 questions

In the interim, get a copy of the most recent edition of Medicare for Dummies. It's an incredible resource and makes things that seem murky very clear.
by BarbBrooklyn
Tue Apr 21, 2020 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Parents want me to pay off their mortgage in exchange for title
Replies: 102
Views: 9215

Re: Parents want me to pay off their mortgage in exchange for title

You need to sit down with an Eldercare attorney and your parents. Doing a dodgey deal like this can have an impact on their ability to access programs like Medicaid for long term care if that is needed for either of them in the next 5 years. A well-versed, specialized attorney can tell you the best ...
by BarbBrooklyn
Sun Mar 15, 2020 8:53 am
Forum: Investing - Theory, News & General
Topic: 1099 error; file or wait
Replies: 3
Views: 159

Re: 1099 error; file or wait

Thank you both so much!!
by BarbBrooklyn
Sun Mar 15, 2020 8:20 am
Forum: Investing - Theory, News & General
Topic: 1099 error; file or wait
Replies: 3
Views: 159

1099 error; file or wait

I have recieved a 1099 for some consultancy services to a preschool. The amount is twice what I was paid (because the first check was lost in the mail and had to be reissued). I have notified the school, but they are closed indefinitely due to the epidemic. I am owed quite substantial refund this ye...
by BarbBrooklyn
Sun Mar 01, 2020 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: In-law suite plan
Replies: 26
Views: 2328

Re: In-law suite plan

So, when your parents can no longer live alone, they will need caregiving, not just shelter.

Do they have the financial resources to pay for in-home caregivers? Or is the plan for you or your wife to prepare meals and help with toileting and personal care?

Do they have long term care insurance?
by BarbBrooklyn
Tue Feb 25, 2020 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Car recall can't drive over 3 months-WWYD?? FORD
Replies: 22
Views: 2255

Re: Car recall can't drive over 3 months-WWYD?? FORD

I would start out by asking for a loaner.
by BarbBrooklyn
Wed Feb 12, 2020 5:28 pm
Forum: Personal Investments
Topic: Second guessing my asset allocation: Fear of missing out
Replies: 48
Views: 3528

Re: Second guessing my asset allocation: Fear of missing out

If you are in the accumulation phase, checking your account balances frequently, listening to the "financial" news or listening to what friends say about their market gains or losses is destructive and possibly just dumb. Set your asset allocation so that if you were to lose 50% of your equity alloc...
by BarbBrooklyn
Mon Feb 10, 2020 2:36 am
Forum: Personal Consumer Issues
Topic: Retirement: Filling the time?
Replies: 96
Views: 10306

Re: Retirement: Filling the time?

Yes, First World problem, your ennui.

Also your excess weight.

Actionably, seek out activities/opportunities that combine exercise and giving back to your community.

Therapy, as in CBT might help you with habit change and long term happiness.
by BarbBrooklyn
Tue Feb 04, 2020 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: who do you bank with and why?
Replies: 97
Views: 6934

Re: who do you bank with and why?

CAPOne because I was a long time Orange/ING user when I also had a different brick and mortar bank for checking.

When CapOne took over ING, I closed my HSBC account and went all in with CapOne. They have a good ATM network and an actual branch within driving distance if things go south.
by BarbBrooklyn
Sun Feb 02, 2020 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: protecting assets from medicaid
Replies: 15
Views: 1812

Re: protecting asssets from medicaid

Are you sure that you are not confusing Medicare and Medicaid? Many, if not most SNF that have rehab units take Medicare for payment in full for the first 20 days of inpatient rehab. I've never heard of a facility accepting Medicaid for LTC and not Medicare for rehab. Make absolutely certain that yo...
by BarbBrooklyn
Sun Feb 02, 2020 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Am I already out of luck? (Career advice)
Replies: 26
Views: 4070

Re: Am I already out of luck? (Career advice)

Your sense of dread about interviews is something I'm familiar with; my DH had it when he switched from a low paying accounts payable job to an IT job after getting some Microsoft certs. What helped him was getting professional advice from someone who helped folks write resumes and practice for inte...
by BarbBrooklyn
Thu Jan 30, 2020 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Should We Even Bother Applying for College Financial Aid?
Replies: 28
Views: 2112

Re: Should We Even Bother Applying for College Financial Aid?

Some schools tell you up front that if you don't apply for fin aid in the first year, you can never be considered in the future even if family circumstances change. My daughter has a friend whose parents were quite wealthy. Until the market crashed. And then a divorce. The young lady had to leave sc...
by BarbBrooklyn
Thu Jan 30, 2020 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Paying FICA and Medicare after retirement.
Replies: 4
Views: 482

Re: Paying FICA and Medicare after retirement.

I retired in December 2018. I have since recieved about $20K in payments from my municipal employer for unused sick days and retroactive salary from our last union contract. Deductions for FICA and Medicare were made from these payments. Does this get refunded or not? Since the payments represent b...
by BarbBrooklyn
Thu Jan 30, 2020 6:01 am
Forum: Personal Finance (Not Investing)
Topic: Paying FICA and Medicare after retirement.
Replies: 4
Views: 482

Paying FICA and Medicare after retirement.

I retired in December 2018. I have since recieved about $20K in payments from my municipal employer for unused sick days and retroactive salary from our last union contract.

Deductions for FICA and Medicare were made from these payments. Does this get refunded or not?
by BarbBrooklyn
Thu Jan 23, 2020 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly Aunt Asks for my help
Replies: 16
Views: 2443

Re: Elderly Aunt Asks for my help

Duplicate.
by BarbBrooklyn
Thu Jan 23, 2020 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly Aunt Asks for my help
Replies: 16
Views: 2443

Re: Elderly Aunt Asks for my help

Has she always been this way with money or is this new?

Be aware of the possibility of cognitive decline contributing to her spending habits.
by BarbBrooklyn
Wed Jan 22, 2020 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly Aunt Asks for my help
Replies: 16
Views: 2443

Re: Elderly Aunt Asks for my help

What was her 401k balance at retirement? Did she have some extraordinary expenses that depleted it or was she not aware of what she could safely withdraw each year? How attached is she to the community where she lives? She really seems to have 2 choices, either downsizing drastically to a smaller un...
by BarbBrooklyn
Wed Jan 22, 2020 10:55 am
Forum: Personal Finance (Not Investing)
Topic: 5 - Ways to help you spend your retirement savings - Wisely
Replies: 23
Views: 2772

Re: 5 - Ways to help you spend your retirement savings - Wisely

Get a copy of Jane Bryant Quinn's How to Make Your Money Last in Retirement from the library for her.

It put my mind at ease. Perhaps it will do the same for her.
by BarbBrooklyn
Wed Jan 22, 2020 6:26 am
Forum: Personal Finance (Not Investing)
Topic: long term disability insurance
Replies: 14
Views: 1059

Re: long term disability insurance

It's interesting that people with average incomes dont see the need for DI. When I started handling my own financial affairs, I was shocked by the statistics I read about middle-aged workers being far more likely to become disabled and not dying. Yet many more had life insurance policies compared to...
by BarbBrooklyn
Wed Jan 22, 2020 5:39 am
Forum: Personal Finance (Not Investing)
Topic: Annual expenses in retirement survey
Replies: 7
Views: 871

Re: Annual expenses in retirement survey

This might help...edited to add:
Sorry, no it doesn't. Never mind.
https://www.google.com/amp/s/www.newret ... ncome/amp/
by BarbBrooklyn
Wed Jan 22, 2020 4:35 am
Forum: Personal Finance (Not Investing)
Topic: CPAs and confidentiality
Replies: 28
Views: 2407

Re: CPAs and confidentially

You should find out if accountants in your parents' state are mandated reporters.

I'm glad to here that your sibling is making restitution. Did your parents retain an eldercare attorney? S/he would also be a good source of information about the accountant's mandate to report.
by BarbBrooklyn
Wed Jan 22, 2020 3:22 am
Forum: Personal Finance (Not Investing)
Topic: Annual expenses in retirement survey
Replies: 7
Views: 871

Re: Annual expenses in retirement survey

Disclaimer: I understand everyone’s situation is different and that results will vary. Despite that, I still would like to gather some data, which I will compile and post to the forum. 1. If you’re retired, do you live in VLCOL, LCOL, MCOL, HCOL, or VHCOL neighborhood? If you’re not retired, do you...
by BarbBrooklyn
Wed Jan 22, 2020 2:44 am
Forum: Personal Finance (Not Investing)
Topic: to pre-nup or not?
Replies: 133
Views: 11921

Re: to pre-nup or not?

Is there evidence that men in the US get the short end of the stick when it comes to divorce proceedings? Or is that just urban legend? Female divorcee here; we started out with mediation (after a 24 year marriage and three kids). He was willing to split all evenly with me, except he wanted to give...
by BarbBrooklyn
Tue Jan 21, 2020 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: to pre-nup or not?
Replies: 133
Views: 11921

Re: to pre-nup or not?

Is there evidence that men in the US get the short end of the stick when it comes to divorce proceedings? Or is that just urban legend? Female divorcee here; we started out with mediation (after a 24 year marriage and three kids). He was willing to split all evenly with me, except he wanted to give...
by BarbBrooklyn
Mon Jan 20, 2020 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security sigining up
Replies: 4
Views: 783

Re: Social Security sigining up

I don't know. But I find using the "callback" feature of SS's phone system, when it is offered, to be quite efficient.
by BarbBrooklyn
Mon Jan 20, 2020 7:29 am
Forum: Personal Finance (Not Investing)
Topic: to pre-nup or not?
Replies: 133
Views: 11921

Re: to pre-nup or not?

Don’t get married without knowing EVERYTHING about each others finances AND life story. Talk about the future - short ter, medium term, long term. Talk about end of life issues. Discussing everything should be a requirement for getting married. Yes - at your ages you do want a pre-nup. Don’t neglec...
by BarbBrooklyn
Mon Jan 20, 2020 3:24 am
Forum: Personal Finance (Not Investing)
Topic: to pre-nup or not?
Replies: 133
Views: 11921

Re: to pre-nup or not?

Ask yourself this; if in 20 years of being on her own, she has only accumulated 120K (assuming she makes more than minimum wage) and if you know her salary, you know an awful lot about her spending habits. She spends every cent she makes. And she will spend every cent you make as well. Something els...
by BarbBrooklyn
Mon Jan 20, 2020 2:42 am
Forum: Personal Finance (Not Investing)
Topic: to pre-nup or not?
Replies: 133
Views: 11921

Re: to pre-nup or not?

Why would you purchase a home (or do any serious financial transaction) with a person who is not willing to be transparent about their finances and on-going ability to pay a mortgage and other expenses?