Search found 43 matches

by retired_tom
Mon Jul 08, 2019 10:55 am
Forum: Personal Consumer Issues
Topic: DIY Home Security like Ring and SimpliSafe vs paid services like ADT and Rampart. What do you advise for and/or against?
Replies: 29
Views: 2981

Re: DIY Home Security like Ring and SimpliSafe vs paid services like ADT and Rampart. What do you advise for and/or agai

I've never seen the need to use any type of security system and felt the advertising for them played on ones fears. I have nothing of real value in the home, if I'm away there is nothing I could do regarding a breakin or fire and I dont care who is ringing the doorbell and I have insurance should s...
by retired_tom
Wed Jul 03, 2019 1:00 pm
Forum: Personal Consumer Issues
Topic: Anyone pay to install transfer switch recently? Does quote seem reasonable?
Replies: 47
Views: 3189

Re: Anyone pay to install transfer switch recently? Does quote seem reasonable?

I've had 2 transfer switches installed. Same 10 circuit manual transfer switch. The first one, since the load center box was surface mounted in the garage, I just installed myself. No issues, and was fairly straight forward. The second transfer switch I had installed last year, when we bought the ne...
by retired_tom
Fri Jun 14, 2019 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1210
Views: 149362

Re: Fidelity as a one stop shop

One other question before I go the Fidelity one stop shop. Does Fidelity allow autopay accounts? What I'm talking about is, in this specific case, my Medicare AARP-UHC Medigap insurance. They give a $5 discount with autopay, which allows them to pull their payment from my account monthly. I'm not su...
by retired_tom
Thu Jun 13, 2019 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1210
Views: 149362

Re: Fidelity as a one stop shop

You can do everything you want with just a brokerage account. The main benefit of a CMA is ATM fee reimbursements. If you have enough assets at Fidelity to qualify for private client status, you get ATM reimbursements in a regular brokerage account. You can do everything you want with just a CMA. T...
by retired_tom
Wed Jun 12, 2019 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: How high of a Hurricane Deductible in FL? And is all Flood Insurance created the same?
Replies: 27
Views: 2122

Re: How high of a Hurricane Deductible in FL? And is all Flood Insurance created the same?

19 year resident of Florida, 15 in the Tampa area, and 4 in the current area, which is about 20 miles due west of Orlando. I'm not sure you want to hear this, but we've been with ASI (Progressive) since the beginning. Actually, I wasn't aware of the Progressive buyout of ASI until a year or so ago, ...
by retired_tom
Wed Jun 12, 2019 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1210
Views: 149362

Re: Fidelity as a one stop shop

Ok, I'm slightly (or greatly) confused. I have my individual brokerage account along with my IRA with Fidelity. What I want to do is move all my banking over to Fidelity as well. So, I open another brokerage account, and direct my SS and other direct deposits to that account in SPAXX. That will be t...
by retired_tom
Wed Jun 05, 2019 6:19 am
Forum: Personal Consumer Issues
Topic: Buying Burial Plot in advance
Replies: 53
Views: 3223

Re: Buying Burial Plot in advance

Back in 1920, when my Grandfather died, my Grandmother decided it was smart to purchase 8 burial plots, so the family would be together. Needless to say, 4 of those plots have been used, and talking to the family, no one else wants to be buried there. So 4 plots will go unused. One of these days, I ...
by retired_tom
Sat Jun 01, 2019 6:54 am
Forum: Personal Investments
Topic: Just Got a Call From Fidelity
Replies: 55
Views: 8113

Re: Just Got a Call From Fidelity

Same here. Right after I moved everything over to Fidelity, I started getting calls. They wanted to set up a meeting to go over my account. I explained that I was just trying to simplify, and didn't need any assistance. They were pretty adamant over the next few weeks, so I figured I go meet with th...
by retired_tom
Tue May 14, 2019 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 182
Views: 32802

Re: Cash - Throw it all on the table!!!

Interesting topic. I never really looked at all the cash I have lying around. 2 checking accounts with ~5k each - no interest, I use these to pay my monthly bills 2 B&M savings accounts with 15k each @ .02% 1 insurance settlement account with 15k @ 3%, I never draw on this 50k in Fido SPAXX brokerag...
by retired_tom
Tue May 07, 2019 6:36 am
Forum: Personal Consumer Issues
Topic: Whole House Surge Protection
Replies: 22
Views: 2414

Re: Whole House Surge Protection

Our power company offers whole house surge protection. They lease it to us. $5 a month. They install it for free. It's an addon to the electrical meter. They pop off the electrical meter, plug this surge protection unit in it's place, and plug the meter back on top of it. Then they handed me a big b...
by retired_tom
Fri Apr 05, 2019 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Probate Question Re Credit Cards
Replies: 36
Views: 2377

Re: Probate Question Re Credit Cards

I have a telephone conference call today scheduled with the attorney as she has not responded to my emails in 5 days. Let's see what happens now. I may need to request my 100% upfront payment returned and start over again. Wow! Don't get me started. You may be using the same attorney I had for my l...
by retired_tom
Tue Mar 26, 2019 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Those of You Having Medigap Plan F More than 5 Years
Replies: 40
Views: 2609

Re: Those of You Having Medigap Plan F More than 5 Years

Florida here. AARP/United Healthcare Plan F
2015 - $171.25
2016 - $173.47
2017 - $173.47
2018 - $182.07
2019 - $182.16

Maybe it's all the old people here that keeps the rates from rising drastically.
by retired_tom
Tue Mar 19, 2019 11:29 am
Forum: Personal Consumer Issues
Topic: What's Your Opinion on Nest Thermostats
Replies: 62
Views: 5692

Re: What's Your Opinion on Nest Thermostats

I had a non-wifi capable Honeywell programmable thermostat that was very reasonably priced for a number of years. My HVAC went out, and I had to have it replaced. The dealer asked if I wanted a new programmable one, and of course, they would charge me for it. I told him to just use the old one. Long...
by retired_tom
Sun Mar 10, 2019 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Home/Condo Insurance in Florida Recommendation
Replies: 15
Views: 1314

Re: Home/Condo Insurance in Florida Recommendation

We've had American Strategic Insurance since 2004. Recently, they were purchased by Progressive, but still doing business as ASI. They are based out of St. Petersburg, FL.
by retired_tom
Thu Mar 07, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Recent Death of Father and Looking At Life Insurance Payout Options
Replies: 25
Views: 2063

Re: Recent Death of Father and Looking At Life Insurance Payout Options

One thing you may want to check on the lump sum payout. When my Dad passed away in 2009, I was the beneficiary of his life insurance policy. The ins. co. gave me all the payout options and I chose the lump sum. I was pleasantly surprised to find that they sent me a checkbook with the instructions th...
by retired_tom
Thu Mar 07, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: Progressive Homeowner's Insurance?
Replies: 9
Views: 972

Re: Progressive Homeowner's Insurance?

We've had ASI since 2004. We couldn't be happier. I was a little hesitant when I saw that Progressive bought them. I've always had issues with Progressive, but so far, it doesn't appear that they have done anything to screw up my ASI relationship.
by retired_tom
Wed Mar 06, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating cost basis of Express Scripts in Cigna merger
Replies: 55
Views: 18592

Re: Calculating cost basis of Express Scripts in Cigna merger

per the 8937 says I can pay taxes on with a cost basis of zero, or the total proceeds (cash received + CI FMV shares received [) minus] ESRX cost basis I don't have a conclusion for you, but I see the following: You said that your ESRX basis for the April 2015 lot was $82.08/share. The total procee...
by retired_tom
Wed Mar 06, 2019 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating cost basis of Express Scripts in Cigna merger
Replies: 55
Views: 18592

Re: Calculating cost basis of Express Scripts in Cigna merger

ACTION QUANTITY DATE ACQUIRED DATE SOLD PROCEEDS COST BASIS GAIN/LOSS MERGER 5.4539 04/30/15 12/24/18 $262.01 $203.57 $58.44 SALE 0 04/30/15 12/24/18 $3.87 $3.42 $0.45 How do I report this on Form 8949? Just the Merger line? Combine, the Merger line with the Sale line as one transaction? Can I just...
by retired_tom
Wed Mar 06, 2019 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Calculating cost basis of Express Scripts in Cigna merger
Replies: 55
Views: 18592

Re: Calculating cost basis of Express Scripts in Cigna merger

I never had MRK. I bought MHS, while working there, which got converted to ESRX in 2012, but the one listed above was a pure ESRX purchase through the company ESPP . MHS never distributed dividends. They did do a 2 for 1 stock split in 2008. I've never sold any shares of MHS or ESRX. Fidelity sent m...
by retired_tom
Wed Mar 06, 2019 8:16 am
Forum: Personal Consumer Issues
Topic: Anybody have a vehicle with ventilated driver's seat?
Replies: 25
Views: 1502

Re: Anybody have a vehicle with ventilated driver's seat?

I have a Ford Taurus with heated/cooled seats. I love them. Get in the hot car, crank up the a/c and the cooled seats, and when the butt starts to get numb, back it off a little.
by retired_tom
Wed Mar 06, 2019 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Calculating cost basis of Express Scripts in Cigna merger
Replies: 55
Views: 18592

Re: Calculating cost basis of Express Scripts in Cigna merger

I hate to bring this up again, but I am so confused. I received the 1099-B from Fidelity. The numbers make no sense. I was finally able to figure out what they did for the proceeds, but for the life of me, I can't figure out how they came up with the cost basis. Taking one line, or actually 2 lines:...
by retired_tom
Mon Mar 04, 2019 8:15 am
Forum: Personal Investments
Topic: How do annuity payers and pension companies know when you die?
Replies: 25
Views: 2208

Re: How do annuity payers and pension companies know when you die?

My Dad died on Dec 30th. SS credited his account with his SS check on 1/3, and pulled the money back out of his account on 1/5. I'm assuming the funeral home let SS know. I was named as the executor of his estate, but you really don't have any power until the judge gives you the paperwork to act in ...
by retired_tom
Fri Mar 01, 2019 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: BH could you live off your SS benefit?
Replies: 141
Views: 7965

Re: BH could you live off your SS benefit?

With just about the max SS benefit and delayed SS until 70, I could. Probably could live on less. When you live in paradise you don't need to spend to be happy. The splendor around me 24 hours a day is free, and my daily coffee treat at my bakery is a couple of bucks. I'm even going to have to forc...
by retired_tom
Wed Feb 27, 2019 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare choices
Replies: 82
Views: 5970

Re: Medicare choices

I've had Medicare for 4 years now. I chose the AARP UHC Plan F based on my experiences with my Dad. That's the same plan he had, and for the 3 years that he lived with me, in failing health, I took him to Urgent Care centers, ER's, had the EMT's transport him numerous times to the hospital, I can't ...
by retired_tom
Wed Feb 27, 2019 2:37 pm
Forum: Personal Investments
Topic: Merrill Edge or Fidelity
Replies: 42
Views: 3628

Re: Merrill Edge or Fidelity

Everything has been moved to Fidelity. They transferred everything in kind with no issues from Fidelity receiving them. ML charged me a $95 transfer fee for each account, and Fidelity reimbursed me for those fees. Everything was in place at Fidelity as of Monday, and I received a call from the local...
by retired_tom
Tue Feb 26, 2019 11:46 am
Forum: Personal Consumer Issues
Topic: How often do you and your friends change engine oil?
Replies: 167
Views: 9283

Re: How often do you and your friends change engine oil?

I change mine when the "Change Engine Oil Soon" message appears on the screen.
by retired_tom
Mon Feb 25, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Simple Safe Harbor questions
Replies: 1
Views: 181

Simple Safe Harbor questions

I'm hoping this is a simple question with a simple answer. 2016 tax liability: $0 Tax withheld: $0 2017 tax liability: $0 Tax withheld: $0 2018 tax liability: $4500 Tax withheld: $0 The specifics: My income has been low enough to avoid taxes for the last couple of years. On 12/24/18, Cigna merged wi...
by retired_tom
Sat Feb 23, 2019 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Stock acquired - How much tax will I owe?
Replies: 15
Views: 7265

Re: Stock acquired - How much tax will I owe?

I'm still waiting for my 1099 form. I did do some preliminary research to see if I could come up with my cost basis, and I did find my old 2012 brokerage statement that showed a cash basis of the new shares of ESRX that were converted from MHS. I'm using that as my cost basis for those shares, and l...
by retired_tom
Tue Feb 19, 2019 12:14 pm
Forum: Personal Investments
Topic: Move from Merrill Lynch to Fidelity - Now what?
Replies: 8
Views: 1002

Re: Move from Merrill Lynch to Fidelity - Now what?

Just a quick update: I initiated the transfer of accounts from Merrill Lynch to Fidelity. It should be completed by EOW. I logged into ML to download my statements, and they had already closed the account within hours of me requesting transfer. I did not contact ML at all, I did it all through Fidel...
by retired_tom
Thu Feb 14, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Merrill Edge Tax Delay - 1099's Delayed two weeks
Replies: 17
Views: 1034

Re: Merrill Edge Tax Delay - 1099's Delayed two weeks

I did the same, went to the ML website, and saw the timeframe moved to 2/26. I also went to Fidelity, since I haven't received my 1099 from them and they moved their date to 3/2. I thought there was some kind of deadline that these people needed to meet to allow the taxpayers enough time to file the...
by retired_tom
Thu Feb 14, 2019 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Calculating cost basis of Express Scripts in Cigna merger
Replies: 55
Views: 18592

Re: Calculating cost basis of Express Scripts in Cigna merger

Well, that's going to be a problem since I have no idea what my cost basis was for the Medco shares are. I can't really remember that far back, 2004, but I do remember that when I first got into the ESPP, I think Schwab was handling it, then someone else took over, then Fidelity finally ended up wit...
by retired_tom
Thu Feb 14, 2019 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Calculating cost basis of Express Scripts in Cigna merger
Replies: 55
Views: 18592

Re: Calculating cost basis of Express Scripts in Cigna merger

I'm embarrassed to say this. Looking back at my 2012 tax return, I didn't follow the instructions on the merger at all. I just used the 1099-B that I received, and put in all in the Schedule D as a sale. Worse yet, the 1099-B had a number of shares that all were listed with a cost basis of $0. I jus...
by retired_tom
Wed Feb 13, 2019 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating cost basis of Express Scripts in Cigna merger
Replies: 55
Views: 18592

Re: Calculating cost basis of Express Scripts in Cigna merger

I'm not sure if I can add on to this post, or if I should have started a new one. I too, am caught up in this ESRX/CI merger, trying to figure out my cost basis. I'm hoping that this is somewhat simple. I went through the Medco/Express Scripts merger in 2012, paying the capital gains on the proceeds...
by retired_tom
Wed Feb 13, 2019 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 6379

Re: Newlyweds and joint accounts for household expenses

The othe problem with the separate accounts, again for me not for everyone, is the idea of “saving up” for something big. Let’s say I got $500/mo of Jags4186 money and decided not to spend any of it for 20 months and then on my own go out and buy a $10,000 watch/motorcycle/whatever. That wouldn’t b...
by retired_tom
Wed Feb 13, 2019 7:45 am
Forum: Personal Investments
Topic: Move from Merrill Lynch to Fidelity - Now what?
Replies: 8
Views: 1002

Re: Move from Merrill Lynch to Fidelity - Now what?

Thanks for all the assistance. I'll be reviewing the suggestions today.
by retired_tom
Wed Feb 13, 2019 6:57 am
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 6379

Re: Newlyweds and joint accounts for household expenses

It’s just so much easier to open a new checking account and have all of your paychecks go into that one account going forward. +1 When we got married 30 years ago, we tried his, hers, and ours checking accounts. What a total pain in the butt! Lasted about 6 months before we stopped that. One checki...
by retired_tom
Tue Feb 12, 2019 12:24 pm
Forum: Personal Investments
Topic: Move from Merrill Lynch to Fidelity - Now what?
Replies: 8
Views: 1002

Move from Merrill Lynch to Fidelity - Now what?

Moving everything from Merrill Lynch to Fidelity: Emergency funds: Right now, probably 4 years worth. Debt: Mortgage 90k, 3.2% paying extra principal which should payoff mortgage in about 6 years. Home co-owned with SO, we each pay 1/2 the mortgage Tax Filing Status: Single 2016/2017 Tax Rate: 0% Fe...
by retired_tom
Tue Feb 12, 2019 11:19 am
Forum: Personal Consumer Issues
Topic: Best ways to provide STRUCTURE to retired life
Replies: 71
Views: 6035

Re: Best ways to provide STRUCTURE to retired life

I have no time for TV. After retiring 3 years ago, we moved into a retirement golf course community. I play golf 5 days out of 7, usually in the mornings. Afternoons are spent with a couple hours on the Internet, perusing different forums (bogleheads, golf, food). Maybe there are committee meetings ...
by retired_tom
Tue Feb 12, 2019 11:07 am
Forum: Personal Consumer Issues
Topic: Car Replacement + Moving
Replies: 17
Views: 1136

Re: Car Replacement + Moving

If you are moving a household to FL you probably don't want to ship valuable and expensive items. Put them in a car and drive down. I believe this might be an important factor. Take your time after moving to Florida to determine what sort of car you want/need . I agree to wait until you are in Flor...
by retired_tom
Mon Feb 11, 2019 10:04 am
Forum: Personal Investments
Topic: Merrill Edge or Fidelity
Replies: 42
Views: 3628

Re: Merrill Edge or Fidelity

Just a quick update. Looking at the website for Merrill Edge, my accounts at ML do not count toward the $600 program. Offer Limitations: This offer does not apply to business/corporate accounts, investment club accounts, partnership accounts and certain fiduciary accounts held with Merrill Edge, or ...
by retired_tom
Sun Feb 10, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 6379

Re: Newlyweds and joint accounts for household expenses

First, congratulations! 28 years for me and the SO. When we first got together we figured separate finances would work best. 6 accounts in total. His checking/savings, Her checking/savings, Joint checking/savings. We were both probably within a few thousand of dollars apart in our incomes so we just...
by retired_tom
Fri Feb 08, 2019 7:13 am
Forum: Personal Investments
Topic: Merrill Edge or Fidelity
Replies: 42
Views: 3628

Re: Merrill Edge or Fidelity

Wow! Thanks for all the replies. I'll call ME this afternoon and see what they say. I don't want to give them any personal information, since I would NOT want them to alert my advisor that I'm looking to move. I guess I shouldn't worry too much about it. My original advisor retired in 2011. I was gi...
by retired_tom
Thu Feb 07, 2019 10:33 am
Forum: Personal Investments
Topic: Merrill Edge or Fidelity
Replies: 42
Views: 3628

Merrill Edge or Fidelity

Am I glad I found Bogleheads. After scanning through some of the subjects on the forum, and reviewing my investment statements, I'm realizing I'm just throwing my money away. I'll put the investment information in the correct format, and ask for investment fund help as soon as I can pull everything ...