Search found 497 matches

by HomeStretch
Tue Jun 18, 2019 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for help with my parents' finances - dad's death, RMDs, social security
Replies: 30
Views: 2218

Re: Looking for help with my parents' finances - dad's death, RMDs, social security

He was receiving Medicare, no pension (instead taken as lump sum in his tIRA when he retired). My mom was / is receiving medical through Fidelity, the administrator for my dads old company benefits. Even if the medical plan doesn’t provide benefits for the surviving spouse, your mom is probably eli...
by HomeStretch
Tue Jun 18, 2019 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: How to ensure POA is acting in best interest of grantor?
Replies: 18
Views: 507

Re: How to ensure POA is acting in best interest of grantor?

Handling your mom’s financial matters and caretaker supervision probably requires a fair amount of your sister’s time if it all falls to her. It will require more time if she also has to provide a detailed accounting and receipts to you/other siblings. That said, I think it’s fair for you/other sibl...
by HomeStretch
Tue Jun 18, 2019 1:34 pm
Forum: Personal Consumer Issues
Topic: Life after COBRA - selecting new health insurance
Replies: 14
Views: 605

Re: Life after COBRA - selecting new health insurance

If it is only a few years until you are Medicare-eligible and the premiums aren’t a budget-buster, I would be tempted to stay on the retiree plan (and review decision annually) to avoid having to rely on ACA coverage being available until Medicare.
by HomeStretch
Tue Jun 18, 2019 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Any way to get out of daycare 6 week notice?
Replies: 22
Views: 1355

Re: Any way to get out of daycare 6 week notice?

I would explain in a nice way that the daycare is just not a good fit and see what they say. Don’t share which day are you are moving to. If you end up in a disagreement over the 6-week notice, you don’t want the current daycare to share that with the new daycare. The new daycare might be hesitant t...
by HomeStretch
Tue Jun 18, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Do you carry Umbrella Insurance?
Replies: 141
Views: 8394

Re: Do you carry Umbrella Insurance?

With a house and pool, multiple cars, young driver and getting close to retirement, an umbrella policy is part of our risk-management strategy which also includes moving to a more conservative asset allocation, making our home more accessible as we age, etc. A parent was involved in a car accident y...
by HomeStretch
Tue Jun 18, 2019 11:20 am
Forum: Personal Investments
Topic: Investment question for 76 year old mom
Replies: 12
Views: 776

Re: Investment question for 76 year old mom

Homestretch, so this is where my utter ignorance kicks in. If I look at the chart for VUSXX, on the Vanguard site, the hypothetical growth from 2009 to 2019 of 10k is 10,400. So in 10 years, that 10k has yielded 400 dollars. So with her 1M, that would be 40k. That's 4k per year, well below the 20k ...
by HomeStretch
Tue Jun 18, 2019 10:17 am
Forum: Personal Investments
Topic: Investment question for 76 year old mom
Replies: 12
Views: 776

Re: Investment question for 76 year old mom

Money market ACCOUNTS at banks have FDIC insurance up to $250k per depositor. Money market FUNDS (MMF) at brokerages are not FDIC-insured. They are protected as securities by SIPC (differs from FDIC coverage) at higher limits. IMO Vanguard currently has the best MMF rates. I use VUSXX Treasury MMF i...
by HomeStretch
Mon Jun 17, 2019 11:26 pm
Forum: Investing - Theory, News & General
Topic: Do VG reps/execs read this website for improvement suggestions?
Replies: 9
Views: 845

Re: Do VG reps/execs read this website for improvement suggestions?

During a call with my Vanguard rep, I gave her direct feedback on changes I would like to see (like adding back a CMA Account). She is aware of the BH forum.
by HomeStretch
Mon Jun 17, 2019 11:22 pm
Forum: Personal Investments
Topic: Investment question for 76 year old mom
Replies: 12
Views: 776

Re: Investment question for 76 year old mom

Welcome! With savings and investments of $1.4 million, $20k is a withdrawal rate of 1.4%. Your mom’s portfolio should support her indefinitely. Your mom could go with a very simple setup. For example - $20k (1 year withdrawal) in a checking account for ATM/bill pay at a local brick and mortar bank w...
by HomeStretch
Mon Jun 17, 2019 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay homeowner's insurance, escrow or bank account?
Replies: 11
Views: 728

Re: How to pay homeowner's insurance, escrow or bank account?

I was considering shopping out my insurance also since I'm im a very similar situation as you. (My homeowners insurance went up 25% this year) My big hesitation is that I currently have USAA which has always treated me well, and has a good reputation of being cooperative if you actually need to fil...
by HomeStretch
Mon Jun 17, 2019 6:56 pm
Forum: Personal Investments
Topic: One time 9 month investment / float prior to taxes
Replies: 2
Views: 178

Re: One time 9 month investment / float prior to taxes

A money market fund would be my choice to minimize risk of loss of principal.
VUSXX Vanguard Treasury MM Fund, 2.32% 7-day SEC yield and is state tax-exempt.
VCTXX Vanguard CA Municipal MM Fund, 1.26% 7-day SEC yield and is federal and state tax-exempt
by HomeStretch
Mon Jun 17, 2019 6:48 pm
Forum: Personal Investments
Topic: Setting up access at Vanguard and Fidelity
Replies: 2
Views: 431

Re: Setting up access at Vanguard and Fidelity

The Vanguard website page has a button called “sign up for access” right below the log on fields. Your mom will be asked to enter personal info to verify her identity, then choose a user name and password, etc.

Fidelity has a similar process to sign up for online access.
by HomeStretch
Mon Jun 17, 2019 12:07 pm
Forum: Investing - Theory, News & General
Topic: Indexes all up - Total Market down?
Replies: 8
Views: 1043

Re: Indexes all up - Total Market down?

The VTI current quote I see on the Apple stock quote app right now shows VTI up 0.30% today which is a bit higher than S&P and Dow.
by HomeStretch
Mon Jun 17, 2019 11:54 am
Forum: Personal Investments
Topic: Questioning our portfolio
Replies: 54
Views: 2445

Re: Questioning our portfolio

I know it is a tiny piece, but what is the purpose of the 401K at Union Bank? Are you aware that your 401k limit of $19,000 is across all employers? So, you will need to monitor and adjust your contributions yourself is you are still actively contributing to both plans to make sure you do not excee...
by HomeStretch
Mon Jun 17, 2019 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Looking for help with my parents' finances - dad's death, RMDs, social security
Replies: 30
Views: 2218

Re: Looking for help with my parents' finances - dad's death, RMDs, social security

I am sorry for your family’s loss. In addition to updating account titles and beneficiaries, your mom may need to update her will and financial/healthcare powers-of-attorney/directives as well as any financial POAs on file with financial institutions. Not a SS expert but: (1) When she meets with soc...
by HomeStretch
Mon Jun 17, 2019 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Selling Home - When to Reduce Price?
Replies: 27
Views: 1897

Re: Selling Home - When to Reduce Price?

I think it’s hard to answer your question about reducing your list price. Have you talked to your agent? What does your real estate agent say about the no showings? - Does the agent’s marketing plan need to be revised? - Are you offering the going rate for the commission to the buyer’s agent? Would ...
by HomeStretch
Mon Jun 17, 2019 7:38 am
Forum: Personal Finance (Not Investing)
Topic: How to pay homeowner's insurance, escrow or bank account?
Replies: 11
Views: 728

Re: How to pay homeowner's insurance, escrow or bank account?

+1.

As you noted, it’s easier to shop/change insurance without the escrow.
by HomeStretch
Mon Jun 17, 2019 7:36 am
Forum: Personal Investments
Topic: RE: Retirement Advice for a late starter
Replies: 8
Views: 1022

Re: RE: Retirement Advice for a late starter

Agree with the advice to consolidate to fewer funds in your accounts. Consider consolidating retirement accounts to fewer accounts too. Vanguard Taxable account: - The $50k in Vanguard Taxable settlement fund you want to reinvest could be used to buy more VTSAX. - Turn off auto dividend reinvestment...
by HomeStretch
Sun Jun 16, 2019 9:34 pm
Forum: Personal Investments
Topic: Questioning our portfolio
Replies: 54
Views: 2445

Re: Questioning our portfolio

My suggestion to fine-tune your portfolio is to take the steps one at a time in the following order: 1. Post your desired asset allocation (equity/bonds) and, within equity, your desired allocation between US and International 2. Change the funds held in your tax deferred (401a/403b/457b/401k) to re...
by HomeStretch
Sun Jun 16, 2019 8:46 pm
Forum: Personal Investments
Topic: 24 Years Old - Need Advice
Replies: 6
Views: 625

Re: 24 Years Old - Need Advice

Cancel the universal life policy. If and when you need life insurance, go with a level-premium term life policy.
by HomeStretch
Sun Jun 16, 2019 7:33 pm
Forum: Personal Consumer Issues
Topic: Termites or Ants in Garden?
Replies: 17
Views: 1090

Re: Termites or Ants in Garden?

Agree it’s a termite in 2nd pic. As long as they stay away from your home not an issue. They will feed on tree bark mulch, stumps, firewood, etc. so keep these items away from your house. Be careful where you dispose of the old infested mulch. Wet weather can exacerbate the problem. You could spray ...
by HomeStretch
Sun Jun 16, 2019 5:52 pm
Forum: Personal Investments
Topic: RE: Retirement Advice for a late starter
Replies: 8
Views: 1022

Re: RE: Retirement Advice for a late starter

Welcome! Several questions on your posted information: 1. Any state taxes? If yes, marginal state rate? 2. Emergency cash $100k - how many months of living expenses does this cover? - is this the source of the additional $50k you could invest in taxable? - is this held in a high yield account? 3. Wh...
by HomeStretch
Sun Jun 16, 2019 5:26 pm
Forum: Personal Investments
Topic: Thinking of leaving Fidelity - where to go?
Replies: 12
Views: 1630

Re: Thinking of leaving Fidelity - where to go?

If you want a cash management account or cash back Visa card, Vanguard is not an option. Schwab would be a possibility.
by HomeStretch
Sun Jun 16, 2019 4:41 pm
Forum: Personal Investments
Topic: Questioning our portfolio
Replies: 54
Views: 2445

Re: Questioning our portfolio

We have edited our post as per the suggested guidelines. Please let us know if we still made any mistakes. We have been at this the entire day and have learnt so much in the process. A couple of posts have mentioned low expense ratios. What is considered a low ratio? Is there is magic number? 1% or...
by HomeStretch
Sun Jun 16, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Settlement Payout into Disability Trust?
Replies: 3
Views: 353

Re: Settlement Payout into Disability Trust?

Does your law firm have any attorneys with disability trust experience that you could ask about this?
by HomeStretch
Sun Jun 16, 2019 12:55 pm
Forum: Personal Investments
Topic: Questioning our portfolio
Replies: 54
Views: 2445

Re: Questioning our portfolio

Welcome! To receive best advice, also edit original post to add: 1. Federal and state marginal tax rates 2. Per your post, you will annually save $180k = HH income $280k (excluding proceeds, if any, from vested RSUs/stock options) minus $100k annual living expenses. Please provide detail of $180k s...
by HomeStretch
Sun Jun 16, 2019 11:14 am
Forum: Personal Consumer Issues
Topic: My Bad Experience With Angie's List
Replies: 36
Views: 4009

Re: My Bad Experience With Angie's List

I found my (great) contractors through word-of-mouth. They are so busy that they do not need to advertise. Not one bothers with Home Advisors/Angie’s List. A couple tried it and said the sites and some of the customers were a hassle.
by HomeStretch
Sun Jun 16, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Partnership advice for new business?
Replies: 9
Views: 439

Re: Partnership advice for new business?

If both of you are critical to the ongoing operations and success of the business, evaluate whether you should have key man life insurance.
by HomeStretch
Sun Jun 16, 2019 10:43 am
Forum: Personal Investments
Topic: Questioning our portfolio
Replies: 54
Views: 2445

Re: Questioning our portfolio

Welcome! To receive best advice, also edit original post to add: 1. Federal and state marginal tax rates 2. Per your post, you will annually save $180k = HH income $280k (excluding proceeds, if any, from vested RSUs/stock options) minus $100k annual living expenses. Please provide detail of $180k sa...
by HomeStretch
Sun Jun 16, 2019 10:24 am
Forum: Personal Investments
Topic: Selling Business for 2.5 Million - Where to go NEXT?
Replies: 61
Views: 4027

Re: Selling Business for 2.5 Million - Where to go NEXT?

Congratulations! While you figure out your real estate and investment plan, you can put the proceeds in high yield savings accounts according to FDIC limits. For first steps, I suggest: 1. Depending on when the $400k taxes are due, put the $400k in a CD maturing around tax due date if you can earn a...
by HomeStretch
Sat Jun 15, 2019 8:23 pm
Forum: Personal Consumer Issues
Topic: Whirlpool service contract for dishwasher
Replies: 6
Views: 299

Re: Whirlpool service contract for dishwasher

No personal experience with AIG Warranty Guard, but there are quite a few complaints at the BBB website.
https://www.bbb.org/us/il/chicago/profi ... 4-88020348
by HomeStretch
Sat Jun 15, 2019 4:04 pm
Forum: Personal Investments
Topic: Escaping 1% Investment Advisor Fee -- Need Advice
Replies: 7
Views: 1102

Re: Escaping 1% Investment Advisor Fee -- Need Advice

+1 on transfer the 80 stocks in-kind to Schwab, turn off dividend reinvestment, and work on liquidating and reinvesting in low cost index funds. Usually your online account access at current custodians is shutoff as soon as you transfer. Be sure to get the cost basis info for the 80 stocks from curr...
by HomeStretch
Sat Jun 15, 2019 10:09 am
Forum: Personal Finance (Not Investing)
Topic: my physical therepy collect upfront of $30 even i have medicare insurance
Replies: 11
Views: 1492

Re: my physical therepy collect upfront of $30 even i have medicare insurance

Have you read your policy or called insurer to see if $30 upfront co-pay is as per policy?
by HomeStretch
Sat Jun 15, 2019 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

randybobandy wrote:
Sat Jun 15, 2019 7:53 am
I would consult with your new agent for the listing price. You are going with a new agent, right?
+1. The (new) listing agents you interview should include in their presentations to you a review of market comps and a recommendation for a listing price.
by HomeStretch
Sat Jun 15, 2019 7:29 am
Forum: Personal Consumer Issues
Topic: Health insurance cost containment company
Replies: 23
Views: 1696

Re: Health insurance cost containment company

As another poster said, this is a normal insurance company request. You should call Accent and provide the requested information.
by HomeStretch
Sat Jun 15, 2019 7:20 am
Forum: Personal Investments
Topic: Portfolio Review - 2019
Replies: 6
Views: 881

Re: Portfolio Review - 2019

Please add the following info to your post: 1. Fund(s) held in your Roth IRA 2. ERs for all funds held in your portfolio 3. Do you receive an employer 401k match 4. How many months living expenses (including taxes and healthcare) is your Emergency Fund equal to? Questions: 1. What do you recommend f...
by HomeStretch
Fri Jun 14, 2019 6:44 pm
Forum: Personal Investments
Topic: Fidelity customer service
Replies: 15
Views: 1357

Re: Fidelity customer service

In one of the Fidelity threads, a BH member posted the email or address of the Fidelity CEO. I think they mentioned having received a response from someone in the CEO’s office. ETA: the CEO’s address was posted by OP southerndoc in this thread. https://www.bogleheads.org/forum/viewtopic.php?f=2&t=27...
by HomeStretch
Fri Jun 14, 2019 6:30 pm
Forum: Personal Investments
Topic: A 401k only partially vested
Replies: 10
Views: 999

Re: A 401k only partially vested

The company or the 401k administrator may only calculate forfeitures periodically (quarterly or annually). I don’t think they will forget. Forfeitures are accounted for according to the plan’s provisions - usually to either reduce the company’s 401k match or reallocated to participants.
by HomeStretch
Fri Jun 14, 2019 10:34 am
Forum: Personal Investments
Topic: 1st world Problem unease [asset allocation question]
Replies: 6
Views: 522

Re: 1st world Problem unease [asset allocation question]

+1 As your SS and pension do not fully cover your total living expenses, it’s reasonable to consider reducing your equity allocation. Another way to look at it might be to calculate how many years of expenses not covered by SS/pension (40%) do you have invested in Fixed Income? If 20 years, you woul...
by HomeStretch
Fri Jun 14, 2019 9:42 am
Forum: Personal Finance (Not Investing)
Topic: what type of term life insurance
Replies: 12
Views: 932

Re: what type of term life insurance

I agree that your daughter and SIL are underinsured. I agree that they should be buying individual level premium term policies on themselves, rather than relying on employer group life insurance. At least $2 million in total is called for, and $3 million or more is not out of the question. You migh...
by HomeStretch
Fri Jun 14, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Collection agency destroyed my credit report
Replies: 20
Views: 3296

Re: Collection agency destroyed my credit report

Re: Collection agency destroyed my credit report Post by HomeStretch » Thu Jun 13, 2019 4:53 pm The credit agencies’ (aka credit reporting bureaus) websites have information on how to contest any untrue or incorrect information in your credit report. If the information reported by the collection ag...
by HomeStretch
Fri Jun 14, 2019 8:15 am
Forum: Investing - Theory, News & General
Topic: How have your homes as investments done?
Replies: 213
Views: 21009

Re: How have your homes as investments done?

Our home has not been a good financial investment but, more important to us, it has been a great lifestyle/family investment. We would recoup our original purchase price + renovation costs, adjusted for inflation, but little appreciation if we sold today. In our area, home prices are still below 200...
by HomeStretch
Thu Jun 13, 2019 9:03 pm
Forum: Personal Investments
Topic: vanguard [Own Lifestrategy funds, want to reduce equity exposure]
Replies: 6
Views: 917

Re: vanguard

Want to reduce equity exposure. Own Lifestrategy Income and Lifestrategy Conservative Growth. Which should I sell to reduce stock equity exposure? To reduce equity %, you would sell VSCGX (LS conservative Growth) which holds 40% equity, 60% bonds. VASIX (LS Income) holds 20% equity and 80% bonds.
by HomeStretch
Thu Jun 13, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Collection agency destroyed my credit report
Replies: 20
Views: 3296

Re: Collection agency destroyed my credit report

The credit agencies’ (aka credit reporting bureaus) websites have information on how to contest any untrue or incorrect information in your credit report. If the information reported by the collection agency is correct and your credit history suffered as a result, I think 2 options are: 1. Contact t...
by HomeStretch
Thu Jun 13, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 315
Views: 21574

Re: Selling home- Demanding Buyer (Repairs)

I offered buyer the amount of written estimate $13,500 (be reduced from the purchase price) and provided a copy of the written estimate. Seller came back with this: Do you mean “Buyer” came back with this? Not unexpected that Buyer would not accept your septic repair proposal and would want the lan...
by HomeStretch
Thu Jun 13, 2019 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Quote for fence
Replies: 4
Views: 448

Re: Quote for fence

If you haven’t already, get at least 2 more quotes from the best local fence installers. Multiple quotes will help you best judge the fence price range for your area.
by HomeStretch
Thu Jun 13, 2019 2:47 pm
Forum: Personal Investments
Topic: Refinance thoughts (15 to a 30 yr)
Replies: 2
Views: 270

Re: Refinance thoughts (15 to a 30 yr)

Based on your prior posts, you are mid-30s, single and gross $250k per year? If so, your existing $1,200/mo mortgage payment should not be a financial strain. I see no need to refinance to a 30-year mortgage at a higher rate. If you do decide to move, you can always rent until you sell your current ...
by HomeStretch
Thu Jun 13, 2019 7:38 am
Forum: Personal Investments
Topic: Investment Help Needed for a Friend
Replies: 10
Views: 1165

Re: Investment Help Needed for a Friend

To help guide his financial decisions, your friend needs to get a handle on his projected annual retirement income (social security, rental income, portfolio withdrawals) as well as his projected annual retirement expenses, including healthcare and taxes. If he withdrew/earned $24,000 (4%) annually...
by HomeStretch
Wed Jun 12, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: How much is your guys’ fees for your 401k?
Replies: 61
Views: 2449

Re: How much is your guys’ fees for your 401k?

Former employer 401(k) fees are $22/quarter regardless of account balance.

Current (small) employer’s 401(k) adds 0.5% for admin fees to investment funds’ ERs.