Search found 110 matches

by 557880yvi
Fri Jul 17, 2020 8:28 am
Forum: Personal Consumer Issues
Topic: What surprised you the most once you retired?
Replies: 251
Views: 26752

Re: What surprised you the most once you retired?

Planned out retirement to the penny - helped much by Bogleheads (forever grateful for finding this forum). Retired early and factored in pre-medicare health insurance/medical costs so yes, we can "afford" it (and still years to go). But shocked at how painful it is to pay that much every month and s...
by 557880yvi
Fri Jun 05, 2020 10:08 am
Forum: Personal Consumer Issues
Topic: Password vault or generator?
Replies: 110
Views: 6907

Re: Password vault or generator?

Keypass, free, fantastic
by 557880yvi
Thu Apr 30, 2020 7:40 am
Forum: Personal Investments
Topic: [Should I move from Ameriprise to Fidelity?]
Replies: 30
Views: 2208

Re: [Should I move from Ameriprise to Fidelity?]

Be very cautious about moving to Fidelity( or most of the other major brokerage houses) unless you plan to self-manage your investments. We left Fidelity due to the constant pressure to move our assets to their managed services (we have always managed our own investments and saved enough in not payi...
by 557880yvi
Sun Apr 26, 2020 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Durable Power of Attorney to sell Real Estate in MA during Pandemic
Replies: 11
Views: 651

Re: Durable Power of Attorney to sell Real Estate in MA during Pandemic

[/quote] What does your attorney say? [/quote] They said that they are going to try another route - the house is in a MA Realty Trust with the same person who becomes trustee at the owners' death - he said he is going to try to convey the trusteeship to the son now (not sure how that will work if hi...
by 557880yvi
Sun Apr 26, 2020 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Durable Power of Attorney to sell Real Estate in MA during Pandemic
Replies: 11
Views: 651

Re: Durable Power of Attorney to sell Real Estate in MA during Pandemic

An update - the buyers' bank's attorney (not title company) has on his own, decided that the POA is "too old". It was drawn up in 2005, has had the same Attorney in Fact since then (son) who has for years handled this person's affairs and even recently was able to use the POA to with a major financi...
by 557880yvi
Tue Apr 21, 2020 6:06 am
Forum: Personal Finance (Not Investing)
Topic: Durable Power of Attorney to sell Real Estate in MA during Pandemic
Replies: 11
Views: 651

Re: Durable Power of Attorney to sell Real Estate in MA during Pandemic

As is usually the case, BSteiner is quite helpful. You reference the buyer’s lender. Personally, I wouldn’t be very interested one way or the other in the opinion of the buyer’s lender. Instead, I’d be highly interested in a commitment from the title insurance company that they will provide standar...
by 557880yvi
Mon Apr 20, 2020 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Durable Power of Attorney to sell Real Estate in MA during Pandemic
Replies: 11
Views: 651

Re: Durable Power of Attorney to sell Real Estate in MA during Pandemic

Thanks everyone, sounds like we will be able to use the POA. The buyers are asking their loan officer to confirm. Really appreciate you sharing your personal experiences!
by 557880yvi
Mon Apr 20, 2020 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Durable Power of Attorney to sell Real Estate in MA during Pandemic
Replies: 11
Views: 651

Durable Power of Attorney to sell Real Estate in MA during Pandemic

Dear Bogleheads, Timing is everything... an elderly relative with a progressive neurological disease had to move to LTC earlier in this year after a series of medical emergencies and hospitalizations; they were not able to return to their home. They had prepared an estate plan a number of years ago ...
by 557880yvi
Mon Apr 20, 2020 1:59 pm
Forum: Personal Investments
Topic: Disappointed with Vanguard service. Better options?
Replies: 66
Views: 5865

Re: Disappointed with Vanguard service. Better options?

I can only share my personal experiences with all 3 companies. Vanguard is woefully behind the times and does many things "the old fashioned ways". This can make handling trusts, estates, etc. very, very slow and frustrating. I have also found that you need a high level of knowledge of these topics ...
by 557880yvi
Sun Mar 15, 2020 6:37 pm
Forum: Investing - Theory, News & General
Topic: Fed Slashes Rates to Fight Coronavirus Slowdown WSJ 3/15/20
Replies: 396
Views: 20555

Re: Impact of the Federal Reserve cutting rates

Wonder if Mortgage rates/refinance rates will drop significantly?
by 557880yvi
Sun Mar 15, 2020 6:34 pm
Forum: Personal Investments
Topic: Vanguard Vs Schwab
Replies: 33
Views: 2083

Re: Vanguard Vs Schwab

I just watched something this weekend on the Bloomberg ETF flows program that said that Vanguard funds flowing into Schwab accounts were Schwab's biggest gains in activity this year. Maybe the perfect hybrid...Schwab's platform with Vanguard's funds. Perhaps an acquisition or merger possibility in ...
by 557880yvi
Wed Feb 26, 2020 6:53 pm
Forum: Personal Investments
Topic: Should we use the coronavirus drop to do Roth conversion?
Replies: 39
Views: 3259

Re: Should we use the coronavirus drop to do Roth conversion?

Question about timing of paying Estimated Taxes on the conversion if we take advantage of the dip: We have been doing our Roth conversions in late December of each year (a 12-yr plan to reduce future very high RMD's and tax rates) and paying the total federal and state taxes on the conversions at th...
by 557880yvi
Mon Feb 24, 2020 1:46 pm
Forum: Personal Investments
Topic: Fidelity Privacy Concerns
Replies: 19
Views: 2499

Re: Fidelity Privacy Concerns

As others have said, the privacy concerns are probably nothing to worry about. However, we had a number of years of terrible experiences with Fidelity's High Net Worth teams - relentless pressure (to the point it could be called bullying) to use their asset management services. It got worse over tim...
by 557880yvi
Tue Jan 07, 2020 6:14 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Beneficiary surprise
Replies: 47
Views: 5933

Re: Vanguard Beneficiary surprise

We ran into this exact problem with Vanguard. Our goal was to entirely eliminate any possibility, that in the event that me and my husband would die at the same time (like the plane crashes on the way to Hawaii) that our estate would have to go through probate. A recent family death resulted in the ...
by 557880yvi
Tue Dec 03, 2019 9:03 pm
Forum: US Chapters
Topic: Master Thread for Metro Boston's Chapter
Replies: 439
Views: 143150

Re: Master Thread for Metro Boston's Chapter

tentative
by 557880yvi
Tue Dec 03, 2019 6:16 pm
Forum: Investing - Theory, News & General
Topic: Unauthorized Trade
Replies: 54
Views: 5018

Re: Unauthorized Trade

Some ROTH accounts when set up for a minor at Vanguard were set up in such a way that they continue to appear under the parent's account who set it up due to the type of account that was used. This has been the case for me with my son. So any transaction in that account shows under all my transactio...
by 557880yvi
Sun Dec 01, 2019 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 435
Views: 37319

Re: Quicken 2019 and forward

Had been a long-time Quicken user until I got sick of all the errors and bugs and gave up using it about 5 years ago. But recently realized it is very useful to find old transactions rather than digging through file boxes in the basement. Coincidental that this post appeared today so I googled Quick...
by 557880yvi
Fri Nov 29, 2019 8:10 pm
Forum: Personal Investments
Topic: Two Questions--Convert More to Roth and Wher to Invest Roth Assets
Replies: 10
Views: 832

Re: Two Questions--Convert More to Roth and Wher to Invest Roth Assets

Following, in nearly same situation but with higher future RMD's
by 557880yvi
Fri Nov 29, 2019 6:40 pm
Forum: Personal Investments
Topic: Vanguard Checks
Replies: 2
Views: 503

Re: Vanguard Checks

I just looked at my new Vanguard checks and they do not have this printed on them. I was told by the Flagship rep that they will be honored not matter the amount but if you start writing "too many" (they could not define this) they would "talk to you about it". Seems silly.
by 557880yvi
Wed Nov 27, 2019 1:24 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2261
Views: 386767

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Monmouth Capital Bonus of up to $5000 for 1M xfer Bonuses begin with $250 for 10k The qualifying deposit must contain funds outside of Monmouth Capital Management. Monmouth Capital Management will check your deposit 30 days after your account is opened to determine the total qualifying deposit. You...
by 557880yvi
Tue Nov 19, 2019 11:09 am
Forum: Personal Investments
Topic: Moving $380K in individual stocks to index fund
Replies: 75
Views: 6136

Re: Moving $380K in individual stocks to index fund

These estimators are from recommendations on this board - have been very helpful to me in estimating the taxes on a nearly identical situation. Super easy to use and do "what-if's". I also agree with others who said do this slowly over time. If the estimators are populated with numbers, just zero th...
by 557880yvi
Sat Nov 16, 2019 7:50 pm
Forum: US Chapters
Topic: Master Thread for Metro Boston's Chapter
Replies: 439
Views: 143150

Re: Master Thread for Metro Boston's Chapter

Would also like to be added, thanks!
by 557880yvi
Thu Nov 14, 2019 8:12 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2261
Views: 386767

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Just got an offer from Schwab for $2500 per IRA greater than $1M transferred. Has to be transferred by 12/31 and stay for a year. But surprisingly, on taxable brokerage account (which has 90% equities and Vanguard MF's) nothing. But perhaps this is because Schwab is looking for cash in the brokerage...
by 557880yvi
Thu Nov 14, 2019 8:08 am
Forum: Personal Investments
Topic: How much to convert from Trad-IRA to Roth
Replies: 31
Views: 2058

Re: How much to convert from Trad-IRA to Roth

I am a MA resident and am using the following 2, extremely simple and fast online tools (recommended by Bogleheads - thank you very much!) to estimate my taxes for 2019 to determine if a ROTH conversion this year makes sense, and if so, how much to convert. I also downloaded Turbo Tax and my 2018 ta...
by 557880yvi
Tue Nov 12, 2019 6:36 pm
Forum: Personal Investments
Topic: VMATX (MA Tax Free) for proceeds from locking in LTCG?
Replies: 4
Views: 632

Re: VMATX (MA Tax Free) for proceeds from locking in LTCG?

Many thanks for the excellent advice. I am grateful for this newfound, wonderful forum, and to know that we are I am not in this next chapter of life! :D
by 557880yvi
Mon Nov 11, 2019 6:08 pm
Forum: Investing - Theory, News & General
Topic: Roth Conversion Calculation
Replies: 17
Views: 1649

Re: Roth Conversion Calculation

This is my first time in calculating a Roth conversion so be kind. I am trying to calculate a Roth conversion after reviewing several sources. Can anyone demystify the steps for conversion? I am retired, single, not itemizing, not taking social security and 65 year old. Pretty much a simple TIRA ac...
by 557880yvi
Mon Nov 11, 2019 5:49 pm
Forum: Personal Investments
Topic: VMATX (MA Tax Free) for proceeds from locking in LTCG?
Replies: 4
Views: 632

Re: VMATX (MA Tax Free) for proceeds from locking in LTCG?

Could I convince you to balance that out with some VMLTX or VWITX to broaden geography and bring down average term?[/color] 5. Is there some better Boglehead strategy for those of us retiring a bit early needed to keep taxable safe enough to live on and pay taxes on the Roth conversions until 70? W...
by 557880yvi
Mon Nov 11, 2019 2:36 pm
Forum: Personal Investments
Topic: VMATX (MA Tax Free) for proceeds from locking in LTCG?
Replies: 4
Views: 632

VMATX (MA Tax Free) for proceeds from locking in LTCG?

Dear Fellow Bogleheads, Husband and I retired last year (currently 62) with sufficient assets in our taxable brokerage account to live on and defer SS to 70. The plan is to undertake a steady ROTH conversion strategy for the next 8 years. We hope to minimize any taxable income and use up the lower b...
by 557880yvi
Fri Nov 08, 2019 3:54 pm
Forum: Personal Investments
Topic: The Social Security Hump and Roth Conversions
Replies: 7
Views: 1256

Re: The Social Security Hump and Roth Conversions

Very nice to see the visual effect on taxes for doing Roth conversions. Is this something you created yourself from Excel data or is this from a tool (perhaps a Boglehead tool)? I have been doing these calculations on my own Excel set-ups and if there is a tool to produce the graphs (or against whic...
by 557880yvi
Fri Nov 08, 2019 3:45 pm
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 330
Views: 26040

Re: Customer Service with Vanguard

Completed some RMD transactions this morning. That went smoothly no problem. THEN, I was transferred to a "Flagship Representative" to complete my transition to the new brokerage platform. This was for the second time since no one answered the phone the first time I called. After 15 minutes talking...
by 557880yvi
Fri Nov 08, 2019 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Cost Basis Time Share received for free or a few dollars
Replies: 11
Views: 855

Re: Cost Basis Time Share received for free or a few dollars

UPDATE: Not accepting the free offer to take over our friends' timeshare. In part thanks to your many thoughtful responses and because I was unable to obtain copies of the financials, 2020 budget or board minutes (only available to owners and our friends didn't have them or said that they would not ...
by 557880yvi
Thu Nov 07, 2019 8:21 pm
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 330
Views: 26040

Re: Customer Service with Vanguard

Found out today, from 2 different Vanguard Reps on separate calls (both with miserable, frustrating and unacceptably poor service) that despite what Vanguard is telling Flagship customers (over the phone and in emails that state that a dedicated Flagship Team will still be there for us even if we do...
by 557880yvi
Thu Nov 07, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone want to share their monthly budget? Here's ours
Replies: 153
Views: 34996

Re: Anyone want to share their monthly budget? Here's ours

We actually spend about 4800 a month, most of the extra goes to pleasure - hobbies/sports equip/technology/specialty product purchases. I think the key to relatively low monthly expenses is paid off house, no debt, no car payments, and living in a LCOL area. In a similar situation, but live in a ve...
by 557880yvi
Thu Nov 07, 2019 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Cost Basis Time Share received for free or a few dollars
Replies: 11
Views: 855

Re: Cost Basis Time Share received for free or a few dollars

That is a great suggestion. Many thanks to all.
by 557880yvi
Thu Nov 07, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Cost Basis Time Share received for free or a few dollars
Replies: 11
Views: 855

Re: Cost Basis Time Share received for free or a few dollars

Thank you for the quick responses! I try to be brief with posts but never seem to anticipate all the great points/questions my fellow Bogleheads come up with. So I should have added the following if it makes a difference: 1. We have stayed at this resort several times as a guest of our friends' pare...
by 557880yvi
Thu Nov 07, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Cost Basis Time Share received for free or a few dollars
Replies: 11
Views: 855

Cost Basis Time Share received for free or a few dollars

Dear Bogleheads, I received a very unexpected call from some dear friends last night. 1 year ago, an elderly parent transferred the deed from a time share week they owned to them (the son) for consideration of "$100.00". This week is in the early (shoulder) part of the spring season, right on the wa...
by 557880yvi
Thu Nov 07, 2019 6:51 am
Forum: Personal Investments
Topic: Fidelity and Roth IRA question, new to group
Replies: 7
Views: 602

Re: Fidelity and Roth IRA question, new to group

If you can provide a bit more information about your situation - age (or years to retirement), other retirement assets, goal for retirement, the responses can be more tailored. :moneybag :D
by 557880yvi
Tue Nov 05, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Projections in Retirement?
Replies: 12
Views: 1623

Re: Tax Projections in Retirement?

I've played with several over the years. This is the best one I've found. A lot of them don't calculate SS income very well or at all. This one does. Also you can save different scenarios or print them out. Also you can go back to prior tax year if you want. I think as long as you don't clear your ...
by 557880yvi
Tue Nov 05, 2019 9:37 am
Forum: Personal Investments
Topic: Stock market at its peak
Replies: 32
Views: 5027

Re: Stock market at its peak

Would anyone change this recommendation if you currently hold a large cash position in your IRA's (~$1M) as a result of consolidating multiple 401k's from multiple financial institutions to Vanguard to simplify retirement planning? Recently retired early at 61, assets could not be transferred as the...
by 557880yvi
Sat Nov 02, 2019 10:04 am
Forum: Personal Finance (Not Investing)
Topic: how does Personal Umbrella Insurance work?
Replies: 28
Views: 3057

Re: how does Personal Umbrella Insurance work?

Not sure if it was mentioned in the posts, but some cases the underlying insurances over which "Umbrella" policies cover, can have certain coverage limits reduced, saving you money on the underlying insurance. For example, we have an Umbrella policy covering our homeowner's and auto insurance which ...
by 557880yvi
Sat Nov 02, 2019 8:46 am
Forum: Personal Investments
Topic: Benefits of Flagship Status at Vanguard?
Replies: 65
Views: 9414

Re: Benefits of Flagship Status at Vanguard?

Until a few weeks ago when our dedicated Flagship rep was taken away (and this person was very experienced, knowledgeable and helped through a number of issues), when we called in any time of the day/evening for any reason to any Vanguard phone #, the calls were always answered right away. Since the...
by 557880yvi
Fri Nov 01, 2019 8:37 pm
Forum: Personal Investments
Topic: Alternative to Muni Bond Fund (VMATX) due to MAGI Impact?
Replies: 7
Views: 688

Re: Alternative to Muni Bond Fund (VMATX) due to MAGI Impact?

UpperNwGuy wrote:
Fri Nov 01, 2019 8:13 pm
It always amazes me how people will willingly forego a large amount of income in order to avoid a smaller amount of taxes.
Not sure what you mean by forego a large amount of income?
by 557880yvi
Fri Nov 01, 2019 3:44 pm
Forum: Personal Investments
Topic: Alternative to Muni Bond Fund (VMATX) due to MAGI Impact?
Replies: 7
Views: 688

Alternative to Muni Bond Fund (VMATX) due to MAGI Impact?

Dear Bogleheads, I have a question that may help some others facing the same dilemma about the impact on MAGI of Tax-Free State Muni Bond Funds. There have been many posts in the past few weeks regarding a similar theme, and about which these posts have taught me much: Retiring early, waiting until ...
by 557880yvi
Thu Oct 31, 2019 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Haven't received email from Equifax about settlement
Replies: 5
Views: 736

Re: Haven't received email from Equifax about settlement

I have not received anything either - following.
by 557880yvi
Wed Oct 30, 2019 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Cost to build a house?
Replies: 28
Views: 3232

Re: Cost to build a house?

We have built several. Getting an architect if you want custom is how you will get the most accurate pricing (but for a good architect, $20k is a starting point for their work and it an go way up). But make sure the architect knows your state and town building codes! If you are open to a home plan t...
by 557880yvi
Wed Oct 30, 2019 12:15 pm
Forum: Personal Investments
Topic: Universal Life Policy Help
Replies: 15
Views: 1074

Re: Universal Life Policy Help

Can anyone tell me the downside of putting some $ in here to take advantage of the 4% interest? The interest rate has stayed at 4% going all the way back to 2013. We just evaluated a very similar policy we have had for many years. The rate, for comparison purposes needs to be reduced by any expense...
by 557880yvi
Tue Oct 29, 2019 9:04 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2261
Views: 386767

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

The Schwab bonus offer ad says in fine print, that a 1099 will be issued for the bonus(es) - meaning this is taxable income. I spoke to the local Schwab office where we are considering moving funds to from Vanguard (which will get the maximum bonus currently offered). They told me that the way they ...
by 557880yvi
Thu Oct 24, 2019 6:25 pm
Forum: Personal Investments
Topic: Dropping UL Policy with Cash Accumulation Fund -- what next?
Replies: 10
Views: 882

Re: Dropping UL Policy with Cash Accumulation Fund -- what next?

Very similar situation. Me and my husband have Flexible UL policies that are almost 35 years old (USAA). The cash values are now equal to the insurance, which we no longer need. Although we can keep them in force to accumulate more cash value for the next 30 or so years to leave to our beneficiaries...
by 557880yvi
Thu Oct 24, 2019 9:57 am
Forum: Personal Investments
Topic: Benefits of Flagship Status at Vanguard?
Replies: 65
Views: 9414

Re: Benefits of Flagship Status at Vanguard?

For anyone who has reached the $5M + Flagship Select - have you used the estate planning/investment advice services (not sure if there are fees for these or provided free with that level) and have the services been beneficial? Found with a prior broker that any useful component of similar service ca...