Search found 22 matches

by rgs
Sun Nov 10, 2019 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Cashing out of COMPLIFE question
Replies: 5
Views: 678

Re: Cashing out of COMPLIFE question

I have decided to go with a (tax free) 1035 into an annuity (Vanguard/Transamerica). Yes I am aware that Vanguard is getting out of this business but I understand Transamerica has committed to the low fees and the Vanguard funds.

As always, I would appreciate your views/thoughts. Thanks
by rgs
Sat Aug 03, 2019 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Long-Term Care Decision
Replies: 330
Views: 18205

Re: Long-Term Care Decision

<deleted>
by rgs
Sat Aug 03, 2019 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Long-Term Care Decision
Replies: 330
Views: 18205

Re: Long-Term Care Decision

My wife and I are looking to purchase Long-Term Care insurance and would appreciate your thoughts on whether you think this policy is a good choice. At this point, we don’t think that we have enough to self-insure. Thanks for any advice. Here are some details: Shared Benefits. $360,000 Policy Maxim...
by rgs
Wed Jul 31, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Why I don't think I should get long term care insurance right now
Replies: 164
Views: 13398

Re: Why I don't think I should get long term care insurance right now

Someone with modest assets can protect all of their assets from Medicaid by buying an affordable Long-Term Care Partnership Program (if they live in one of the 44 states that offer these programs.) This is a special type of long-term care insurance which has changed the rules regarding Medicaid spe...
by rgs
Mon Jul 29, 2019 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Why I don't think I should get long term care insurance right now
Replies: 164
Views: 13398

Re: Why I don't think I should get long term care insurance right now

We just started looking at LTC insurance. The hard part is trying to figure out how much you need without becoming "insurance poor". The rates (2 different companies) have range from about $300 a month for both of us with a 3% inflation ryder, comes out to be about $100 a day coverage for...
by rgs
Wed Jul 17, 2019 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Why I don't think I should get long term care insurance right now
Replies: 164
Views: 13398

Re: Why I don't think I should get long term care insurance right now

I have been doing some additional research and see 2 options (one is specific to me) 1. LTCI from couple of companies with Mutual of Omaha as perhaps the best option 2. I currently have a "complife" (part whole, part term) that has a nice cash value, and I can use this as a "single&qu...
by rgs
Sun Jul 14, 2019 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Why I don't think I should get long term care insurance right now
Replies: 164
Views: 13398

Re: Why I don't think I should get long term care insurance right now

I am starting to look LTCI options as well and during the course of reading, some of the hybrid models (as opposed to straight out LTCI) seem intriguing, such the single premium immediate or deferred annuity. To me this falls under the "self-insure" bucket with planned money set aside (now...
by rgs
Sun Jul 14, 2019 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Health Care criteria for retirement
Replies: 8
Views: 1392

Health Care criteria for retirement

I have often been told that the place we pick to retire must have good health care facilities. What criteria does one use to determine "good health care" facilities? Is it better to be in a town that has a teaching hospital or is this a bad thing? Are there other factors one needs to consi...
by rgs
Mon May 27, 2019 8:07 pm
Forum: Personal Investments
Topic: Short term Muni ETF's
Replies: 14
Views: 1789

Re: Short term Muni ETF's

I have some significant amount in the MMKT at Schwab (also why I am looking at ETF's since Schwab doesn't have any tax-free ST MF offerings) that I would like to reduce my taxes on. Thank you Schwab has EXMAX available no load / no fee, Easton Vance Short Duration Muni, .70 net ER, but has much hig...
by rgs
Mon May 27, 2019 8:02 pm
Forum: Personal Investments
Topic: Short term Muni ETF's
Replies: 14
Views: 1789

Re: Short term Muni ETF's

Thank you NMBob and typical.investor, very helpful
by rgs
Sat May 25, 2019 9:23 pm
Forum: Personal Investments
Topic: Short term Muni ETF's
Replies: 14
Views: 1789

Re: Short term Muni ETF's

I have some significant amount in the MMKT at Schwab (also why I am looking at ETF's since Schwab doesn't have any tax-free ST MF offerings) that I would like to reduce my taxes on.

Thank you
by rgs
Sun May 19, 2019 8:57 pm
Forum: Personal Investments
Topic: Short term Muni ETF's
Replies: 14
Views: 1789

Short term Muni ETF's

Tried searching this forum for SMB (ST Muni ETF from VanEck), couldn't find any references. Trying to narrow my choices between SUB, SMB and SHM. Any views would be appreciated. Thanks
by rgs
Sun May 12, 2019 2:52 pm
Forum: Investing - Theory, News & General
Topic: WSJ: When to Pick Mutual Fund over ETF?
Replies: 21
Views: 3100

Re: WSJ: When to Pick Mutual Fund over ETF?

>>This seems to be in line with how options are intended to be used, and not the gambling I usually see people try to do with them. Does this seem like a sound strategy? Not to me, if you have done the research and invest in a fund (by tippy toeing in with a minimum amount), then on dips why wouldn'...
by rgs
Sun May 12, 2019 2:15 pm
Forum: Investing - Theory, News & General
Topic: WSJ: When to Pick Mutual Fund over ETF?
Replies: 21
Views: 3100

Re: WSJ: When to Pick Mutual Fund over ETF?

Realize that this thread is almost a year old, and this is a question that I have grappled with often. I have gone the MF way primarily due to DCA (Dollar cost averaging). While I am tempted by the "tax efficiency" argument for ETF's (excluding Vanguard funds), I am not sure if I can buy E...
by rgs
Sun Apr 21, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Cashing out of COMPLIFE question
Replies: 5
Views: 678

Re: Cashing out of COMPLIFE question

Thank you David
by rgs
Sun Apr 21, 2019 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversions, taxes, and social security
Replies: 22
Views: 2719

Re: Roth conversions, taxes, and social security

super helpful, thank you
by rgs
Sun Apr 21, 2019 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: [Retiring before 65: How do you deal with health insurance?]
Replies: 88
Views: 12905

Re: [Retiring before 65: How do you deal with health insurance?]

Thank you VtMaps, yes 1099 is from independent consulting work. Are just the premiums eligible for tax deductions or the medical deductibles too?
by rgs
Sat Apr 20, 2019 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Cashing out of COMPLIFE question
Replies: 5
Views: 678

Cashing out of COMPLIFE question

I am close to 59 and seriously considering retirement, have sufficient funds between taxables & tax deferred. I also have 2x Comp life policies from NWM with modest death benefits. Kids are grown up, so I am not seeing the value of paying the annual premiums. Cash component of the 2 policies is ...
by rgs
Sat Apr 20, 2019 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversions, taxes, and social security
Replies: 22
Views: 2719

Re: Roth conversions, taxes, and social security

This trail has been super helpful, saved me from asking the same set of questions. Thank you

post 59 1/2, can we start withdrawing from SEP IRA or 401k and move them to Roth in chunks (of say 20-50k per year)? Or does the money need to go into a taxable account?

Thanks again
by rgs
Sat Apr 20, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: [Retiring before 65: How do you deal with health insurance?]
Replies: 88
Views: 12905

Re: [Retiring before 65: How do you deal with health insurance?]

Quite honestly I didn't expect such great response when I first posted my question. Thank you, very informative.

As a follow up, post-retirement if one has (or the spouse) 1099 income, can the premiums and/or the deductibles be written off (taxes wise)?

Thanks again
by rgs
Thu Mar 28, 2019 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: [Retiring before 65: How do you deal with health insurance?]
Replies: 88
Views: 12905

Re: [Retiring before 65: How do you deal with health insurance?]

Very useful and informative, thanks everybody
by rgs
Sun Mar 24, 2019 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: [Retiring before 65: How do you deal with health insurance?]
Replies: 88
Views: 12905

[Retiring before 65: How do you deal with health insurance?]

[Moved into a new thread from: Anyone disenchanted with retirement? --admin LadyGeek] For the folks that retire before 65, how do you deal with health insurance? Do you have retiree benefits (I doubt this unless part of a union) or do you go with ACA market place or something else? If ACA, what is ...