Search found 445 matches

by jefmafnl
Sun Dec 01, 2019 5:46 am
Forum: Personal Finance (Not Investing)
Topic: Cashing in savings bonds...delays?
Replies: 11
Views: 950

Cashing in savings bonds...delays?

We have US savings bonds, both physical (paper) and virtual (at Treasury Direct (TD)), which we probably will cash in next year for a down payment on a condo. I seem to remember reading horror stories on this site a few years ago, about taking paper bonds to the bank, the bank sending them to the Tr...
by jefmafnl
Sun Oct 13, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Does a condo owner need umbrella insurance?
Replies: 13
Views: 1385

Does a condo owner need umbrella insurance?

We are considering buying a condominium. I understand that we would need to buy "condo insurance." Is this fire and theft on the interior and the contents?

Do we also need an umbrella liability insurance policy?

Thanks!

J
by jefmafnl
Sun Sep 22, 2019 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Out of pocket costs with Medicare
Replies: 19
Views: 1780

Re: Out of pocket costs with Medicare

Thanks. I'm aware of the penalties and plan to prove "credible coverage".

J
by jefmafnl
Sun Sep 22, 2019 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Out of pocket costs with Medicare
Replies: 19
Views: 1780

Re: Out of pocket costs with Medicare

Yes, planning to also pay premiums for Part D.

What are web sources for typical Rx prices in the US? One excellent such source (can't remember the name) is not accessible from a non-US IP address.

Thanks.

J
by jefmafnl
Sun Sep 22, 2019 6:16 am
Forum: Personal Finance (Not Investing)
Topic: Out of pocket costs with Medicare
Replies: 19
Views: 1780

Out of pocket costs with Medicare

We (US expats who have lived in Europe for over 20 years, both 65+) will be returning to the US in late 2020 or early 2021. In putting together a budget, we are trying to make a reasonable estimate of out of pocket costs (copays, deductibles, stuff not covered) if we have "Original Medicare" (not Me...
by jefmafnl
Sun Aug 18, 2019 7:33 am
Forum: Personal Consumer Issues
Topic: Independent auto mechanic, Palm Desert, CA
Replies: 1
Views: 281

Independent auto mechanic, Palm Desert, CA

My brother and I (who live out of the area) are looking for an independent auto mechanic or repair shop (not a dealer) for the Chrysler 300 (approx. 5 years old) belonging to our Mom (94). She lives in Palm Desert, CA. If anyone has experience with this, I would appreciate your sending me a PM. Than...
by jefmafnl
Fri Aug 09, 2019 7:53 am
Forum: Personal Finance (Not Investing)
Topic: US and state income tax calculator
Replies: 9
Views: 1763

Re: US and state income tax calculator

Thanks for your reply!

Most recently (criticism of Taxcaster) here:

viewtopic.php?t=256989
by jefmafnl
Fri Aug 09, 2019 6:09 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage for Retirees
Replies: 28
Views: 2740

Mortgage for seniors

[Topic merged to here. -- mod oldcomputerguy] We will be relocating to the US in 2021, after my retirement, following 26+ years of living in Europe. How hard is it for seniors (both over 65) to get a mortgage? The purchase price would be between about 2-1/2 and 3 times our Social Security and pensi...
by jefmafnl
Fri Aug 09, 2019 6:05 am
Forum: Personal Finance (Not Investing)
Topic: US and state income tax calculator
Replies: 9
Views: 1763

US and state income tax calculator

We will be relocating back to the US in 2021 after my retirement and 26+ years of living in Europe. We are considering San Jose, CA and Akron, OH, both for specific reasons. (Yes, we know that the costs are quite different!) Can anyone recommend an up-to-date income tax calculator online? I've been ...
by jefmafnl
Fri Aug 09, 2019 6:01 am
Forum: Personal Finance (Not Investing)
Topic: San Jose (CA) cost of living
Replies: 36
Views: 4202

Re: San Jose (CA) cost of living

Many thanks to all who replied! The reason to move there would be to be close to family members who live in and near San Jose. By "close to downtown" I meant: not too far from the relatively new shopping area and the California Theater. But I also meant: not too far from a train station with access ...
by jefmafnl
Wed Aug 07, 2019 12:02 pm
Forum: Investing - Theory, News & General
Topic: Kitces: 20 Years of Safe Withdrawal Rate Research (2012)
Replies: 2
Views: 1099

Kitces: 20 Years of Safe Withdrawal Rate Research (2012)

This paper had interesting ideas about adjustments to the SWR (Safe Withdrawal Rate): https://www.kitces.com/march-2012-issue-of-the-kitces-report-expanding-the-framework-of-safe-withdrawal-rates/ Two questions: --Since he talks about adjusting for taxes, is he calculating gross or after-tax withdra...
by jefmafnl
Wed Aug 07, 2019 8:26 am
Forum: Personal Finance (Not Investing)
Topic: San Jose (CA) cost of living
Replies: 36
Views: 4202

Re: San Jose (CA) cost of living

Thanks to all who replied. We do have family there, and would like to be able to sometimes go into San Francisco. No particular neighborhood in San Jose selected yet...would prefer being within 5 miles of downtown. Santa Cruz is farther from San Francisco, and not that much cheaper, according to ren...
by jefmafnl
Wed Aug 07, 2019 3:50 am
Forum: Personal Finance (Not Investing)
Topic: San Jose (CA) cost of living
Replies: 36
Views: 4202

San Jose (CA) cost of living

My wife and I are planning to relocate to the US in 2021, after my retirement. We have lived in Europe since 1994. We would like to live in San Jose, California, and are trying to estimate the costs. Here is a list of estimates based on some Internet searching. (We understand that we will have to ap...
by jefmafnl
Tue Jul 02, 2019 9:47 am
Forum: Personal Finance (Not Investing)
Topic: drugstore prices
Replies: 20
Views: 1413

drugstore prices

We (Americans) have been living in Europe for many years and are making one of our trips to the US to visit family. If we don't have a card for Costco or Sam's Club or another membership club, is there a "best place to shop" for drugstore items? Or are the price levels at Target, Walgreens, CVS, etc...
by jefmafnl
Wed Jun 12, 2019 5:42 am
Forum: Personal Finance (Not Investing)
Topic: Caregiver liability policy
Replies: 3
Views: 435

Re: Caregiver liability policy

Probably not...the issue is allowing her to be there at all.
by jefmafnl
Wed Jun 12, 2019 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Caregiver liability policy
Replies: 3
Views: 435

Caregiver liability policy

My Mom is going into a memory care facility (in Palm Desert, California). They will not allow her longtime caregiver to work with her there unless she has a million dollar insurance policy. Can anyone recommend a good company that specializes in this type of insurance? Or should I just consult an "i...
by jefmafnl
Mon Apr 29, 2019 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Condo maintenance
Replies: 4
Views: 413

Condo maintenance

With a condominium, how much should one budget for (indoor) maintenance (plumbing, electric, appliances, etc.), including building up a reserve for major expenses? I've read that a rule of thumb for houses is 1 to 3 percent of the purchase price. Since we're talking about condos, not free-standing s...
by jefmafnl
Sun Apr 28, 2019 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Condo costs
Replies: 16
Views: 1591

Re: Condo costs

Thanks to all who replied. Dottie57 , could you please give me an idea of what the annual assessments were? RickBoglehead , did the HOA fee start at 500 per year or per month? Everyone , how much should one budget for (indoor) maintenance (plumbing, electric, appliances, etc.), including building up...
by jefmafnl
Sat Apr 27, 2019 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Condo costs
Replies: 16
Views: 1591

Condo costs

My wife and I will probably relocate to the U.S. in 2021 after living in Europe for more than 26 years. We are trying to estimate the monthly costs of owning a condominium. We have thought of Mortgage payment Property insurance (including umbrella liability policy) Property taxes Monthly maintenance...
by jefmafnl
Wed Apr 17, 2019 2:05 am
Forum: Investing - Theory, News & General
Topic: Interest rates vs. inflation
Replies: 4
Views: 626

Re: Interest rates vs. inflation

Thanks, Elric!

J
by jefmafnl
Tue Apr 16, 2019 11:56 am
Forum: Investing - Theory, News & General
Topic: Interest rates vs. inflation
Replies: 4
Views: 626

Re: Interest rates vs. inflation

Thanks for the suggestion. I consider this separate from my AA...and I would prefer safe investments rather than stocks to provide the "inflation adjustments". TIPS or I Bonds make sense for the medium term. For the amounts needed for the initial years, I would want to consider the options listed in...
by jefmafnl
Tue Apr 16, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: Interest rates vs. inflation
Replies: 4
Views: 626

Interest rates vs. inflation

I am trying to estimate what percentage of the initial monthly payments of a non-indexed pension that I would need to set aside as a reserve during the initial years (something like life expectancy divided by 2), so as to be able to "roll my own" inflation increases in subsequent years. In order to ...
by jefmafnl
Mon Apr 08, 2019 1:15 pm
Forum: Investing - Theory, News & General
Topic: Credits, or quarters of coverage, for Medicare and Social Security
Replies: 1
Views: 224

Credits, or quarters of coverage, for Medicare and Social Security

The Social Security statement shows dollar amounts per year, but not quarters.

To know if one has 40 credits: Does one simply divide the dollar amounts by the minimum amount per credit for each year?
Or does one need to call Social Security?

Thanks!

J
by jefmafnl
Mon Apr 08, 2019 12:43 pm
Forum: Investing - Theory, News & General
Topic: Rollover from pension plan to Traditional IRA
Replies: 6
Views: 560

Re: Rollover from pension plan to Traditional IRA

Indeed no basis...all tax-deferred (contributions, interest, 50% matching of the total of contributions and interest).

So should I just make it part of our AA, or invest it more conservatively?

Thanks!

JK
by jefmafnl
Mon Apr 08, 2019 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B, while still insured
Replies: 19
Views: 1236

Re: Medicare Part B, while still insured

Can someone please provide a link to the Medicare site info on exactly what needs to be certified about an employment-based health insurance plan so that a later signup for Part B or Part D does not trigger penalties? I live in Europe and the insurance companies probably do not deal with this situat...
by jefmafnl
Tue Apr 02, 2019 1:16 pm
Forum: Investing - Theory, News & General
Topic: Rollover from pension plan to Traditional IRA
Replies: 6
Views: 560

Rollover from pension plan to Traditional IRA

I would like to roll over the value of my pension plan (STRS Ohio) to my (existing) Traditional IRA at Vanguard. I assume that if I ask the pension plan to execute this, and I specify the exact account in my IRA to receive the transfer, that's it? Or do I also need to notify Vanguard ahead of time? ...
by jefmafnl
Mon Apr 01, 2019 1:22 pm
Forum: Personal Investments
Topic: Monthly pension or rollover?
Replies: 8
Views: 1096

Re: Monthly pension or rollover?

Ohio (STRS).
by jefmafnl
Mon Apr 01, 2019 12:14 am
Forum: Personal Investments
Topic: Monthly pension or rollover?
Replies: 8
Views: 1096

Re: Monthly pension or rollover?

If I roll it over, should I just make it part of my asset allocation, or invest it all in fixed income (bonds or CD’s)?

J
by jefmafnl
Sun Mar 31, 2019 7:41 am
Forum: Personal Investments
Topic: Monthly pension or rollover?
Replies: 8
Views: 1096

STRS Ohio: Monthly pension or rollover?

I doubt that there will be any inflation adjustments in the foreseeable future. First they capped the maximum COLA; then they said no COLA's for the first 5 years of a pension; now it's no COLA's for anyone (including those already drawing benefits) until 2022 at the earliest. This brings up another...
by jefmafnl
Sun Mar 24, 2019 9:26 am
Forum: Investing - Theory, News & General
Topic: Immediate annuity in TIRA?
Replies: 6
Views: 596

Re: Immediate annuity in TIRA?

Pension payouts used to have COLA's. Then they were capped; then no inflation adjustments for first 5 years of a pension; now no increases for AT LEAST 3 years. Funding level is currently 75%, and they are on a longterm program to raise the level. So no guarantees as to if or when they will ever inc...
by jefmafnl
Sat Mar 23, 2019 2:47 pm
Forum: Investing - Theory, News & General
Topic: Immediate annuity in TIRA?
Replies: 6
Views: 596

Re: Immediate annuity in TIRA?

Thanks for your replies. Since you asked: The short answer is: because I will want to start taking payments in about 2 years, and because the "return" via the pension payments is above the SWR that I would use, but below what Immediate Annuities quotes. The long answer is: My wife and I live in Euro...
by jefmafnl
Sat Mar 23, 2019 2:11 pm
Forum: Investing - Theory, News & General
Topic: Immediate annuity in TIRA?
Replies: 6
Views: 596

Immediate annuity in TIRA?

Thinking of rolling over a pension (lump sum) into a Traditional IRA (TIRA). Can I then put those funds into an immediate annuity, with the monthly payments going into the TIRA rather than being withdrawals? (I understand that I will need to take RMD's from the TIRA.) If so, am I limited to annuity ...
by jefmafnl
Mon Mar 18, 2019 1:24 pm
Forum: Personal Investments
Topic: Monthly pension or rollover?
Replies: 8
Views: 1096

Re: Monthly pension or rollover?

Thanks. Any other replies?

J
by jefmafnl
Sun Mar 17, 2019 5:21 am
Forum: Personal Investments
Topic: Monthly pension or rollover?
Replies: 8
Views: 1096

Monthly pension or rollover?

My wife and I live in Europe, but we are planning to retire in the US. Next month I will turn 65. I need to decide whether to begin drawing a small pension from a state teachers’ retirement system, based on a few years of teaching that I did a long time ago, or take a lump sum withdrawal and roll it...
by jefmafnl
Thu Feb 21, 2019 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare signup
Replies: 1
Views: 268

Medicare signup

My wife and I live in Europe and have health insurance through my employer. We will probably move back to the US in 2021, shortly after I retire. When my wife turned 65, she signed up for Medicare Part A only. When we move back to the US, we will provide proof that we had health insurance so as to a...
by jefmafnl
Sun Jan 13, 2019 8:32 am
Forum: Investing - Theory, News & General
Topic: Preferreds, hybrids, convertible preferred??
Replies: 4
Views: 459

Preferreds, hybrids, convertible preferred??

Mom (93) managed her own investments successfully for many years after Dad died. She invested a substantial portion of her assets in individual preferred stocks. I'm aware that many experts and Bogleheads do not recommend these, but she was convinced that they served her well, and her portfolio has ...
by jefmafnl
Mon Jan 07, 2019 2:16 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing in a down market
Replies: 9
Views: 1517

Re: Rebalancing in a down market

Any other pre-retirees or retirees care to jump in?

J
by jefmafnl
Sun Jan 06, 2019 10:33 am
Forum: Investing - Theory, News & General
Topic: Rebalancing in a down market
Replies: 9
Views: 1517

Rebalancing in a down market

Bogleheads often say that the maximum potential loss in a "bear market" (barring unforeseen black swans) is 50% of one's stock allocation. So a 60/40 portfolio would be at risk of losing 30% of its value, a 40/60 portfolio 20% of its value, etc. (Yes, this may ignore factors such as dividends, or wh...
by jefmafnl
Sat Oct 13, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: Mini-rebalance with new contributions?
Replies: 2
Views: 311

Mini-rebalance with new contributions?

Suppose that one follows Larry's 25/5 rule (rebalance when an asset class or sub-class is off by 25%, or by 5% of total portfolio), or a variant such as 20/5, so as to control risk while benefiting from momentum. When one makes regular contributions (quarterly or monthly), and the allocation is only...
by jefmafnl
Sun Aug 12, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Resources for expat retiring and returning to the US
Replies: 6
Views: 939

Re: Resources for expat retiring and returning to the US

Worked for nonprofit in foreign country. Probably have enough credits in the US for Soc. Sec. and Medicare...but how can we be sure that we have 40 quarters of coverage, to avoid paying premiums for Medicare Part A ? This info is not specifically shown on annual Soc. Sec. statements.
by jefmafnl
Sat Aug 11, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Resources for expat retiring and returning to the US
Replies: 6
Views: 939

Resources for expat retiring and returning to the US

My wife and I (US citizens) will probably return to the US in 2021, following my retirement from a job in Europe. What's the best way to keep up to date about developments affecting Medicare and Social Security? And what are the best resources, online or hard copy, regarding personal finance (moving...
by jefmafnl
Thu Jun 14, 2018 12:23 am
Forum: Personal Consumer Issues
Topic: Hearing aids
Replies: 29
Views: 4490

Hearing aids

My mother (92) asked me to evaluate a particular brand of hearing aid for her. (She likes research before she actually tries a product, and she does not use the Internet.)

Is there an independent review site, or a (Boglehead-like) forum of hearing aid wearers?

Thanks!

J
by jefmafnl
Sun Apr 22, 2018 5:53 am
Forum: Personal Finance (Not Investing)
Topic: Condo mortgage for seniors
Replies: 2
Views: 749

Condo mortgage for seniors

We plan to relocate to a large midwestern state in 2021, after almost 27 years of living in Europe. We will be 67/73. We may want to take out a 15-year mortgage to buy a condo. Our credit rating is in the high 700’s (Experian), and we would put 25% down. Mortgage payment would be about 29% of after-...
by jefmafnl
Tue Apr 03, 2018 5:57 am
Forum: Investing - Theory, News & General
Topic: Best longevity calculator?
Replies: 32
Views: 4004

Best longevity calculator?

What is your favorite (most accurate :) ) longevity calculator on the Internet?

Thanks.

J
by jefmafnl
Tue Mar 27, 2018 4:38 pm
Forum: Investing - Theory, News & General
Topic: Capital gains and tax brackets
Replies: 8
Views: 1835

Re: Capital gains and tax brackets

Thanks, retiredjg, tfb’s chart is indeed what I was looking for.

J
by jefmafnl
Tue Mar 27, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Capital gains and tax brackets
Replies: 8
Views: 1835

Capital gains and tax brackets

Has that marvelous chart ("stacking") about the taxation of capital gains and other income been updated for the new tax law, in which AGI (adjusted gross income), rather than the top (incremental) tax rate for earned income, determines the rate of capital gains tax? And even if it has NOT been updat...
by jefmafnl
Tue Mar 06, 2018 1:05 am
Forum: Investing - Theory, News & General
Topic: New tax law and QCD's - article
Replies: 18
Views: 2341

Re: New tax law and QCD's - article

How can an investor make QCD’s from a Vanguard IRA without setting up a DAF (Donor Advised Fund)? Is there a minimum donation?

J