Search found 11 matches

by SallyP
Tue Jun 18, 2019 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on changes to disability insurance coverage
Replies: 3
Views: 397

Re: Advice on changes to disability insurance coverage

Thanks neurosphere! My understanding is that the total payout would still be unchanged, but we'd have to wait longer for the first payment. I'm still not sure about the 5 year payout vs to age 65. It feels like I'm buying a $7000 lottery ticket with a possible $450k win. This is how they get you to ...
by SallyP
Tue Jun 18, 2019 12:46 am
Forum: Personal Finance (Not Investing)
Topic: Advice on changes to disability insurance coverage
Replies: 3
Views: 397

Advice on changes to disability insurance coverage

Husband is a 54-yo physician approximately 5 years from retirement. As we approach financial independence, we decided to re-evaluate his disability policy. He's been (over)paying $4111/yr for 7500/mo benefit, 90 days elimination period, coverage to 65, with Cost of Living Adj Rider (COLA) and Future...
by SallyP
Tue May 14, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 5824

Re: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?

Even if you don't want to use a credit card for routine purchases, you can improve your credit score by simply having a card and charging a small monthly recurring bill like Hulu or Netflix to it. Keep it in your sock drawer if you find that a credit card derails your budget or tempts you in some wa...
by SallyP
Mon May 13, 2019 10:17 am
Forum: Personal Investments
Topic: What's my next step? (Edited / Updated with portfolio details)
Replies: 15
Views: 1540

Re: What's my next step? (Edited / Updated with portfolio details)

I would make sure, if looking for fee-only planner help, that the main knowledge is about taxes to go along with possible advice unwinding individual stock. (if necessary) thanks for the response! What should I be wary off with a fee-only planner if I decide to go that route? We've never used one. ...
by SallyP
Sun May 12, 2019 7:01 pm
Forum: Personal Investments
Topic: What's my next step? (Edited / Updated with portfolio details)
Replies: 15
Views: 1540

Re: What's my next step? (Edited / Updated with portfolio details)

One thing to do right away is to change any mutual funds in the taxable account to not automatically reinvest and dividends or capital gains distributions. That way you will not be buying more of a fund that you do not want to keep for the long term. You can also sell any stocks in the taxable acco...
by SallyP
Sun May 12, 2019 6:57 pm
Forum: Personal Investments
Topic: What's my next step? (Edited / Updated with portfolio details)
Replies: 15
Views: 1540

Re: What's my next step?

I would make sure, if looking for fee-only planner help, that the main knowledge is about taxes to go along with possible advice unwinding individual stock. (if necessary) thanks for the response! What should I be wary off with a fee-only planner if I decide to go that route? We've never used one.
by SallyP
Sun May 12, 2019 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Can we really afford $1.25M house?
Replies: 44
Views: 5850

Re: Can we really afford $1.25M house?

How much will your property tax be? Our home is in that price range and our property taxes are about $1400 per month. Our heating & cooling bill can reach $700 in peak months. Most people in our HCOL area pay for various lawn care and gardening services (would depend on your time constraints). All o...
by SallyP
Sun May 12, 2019 1:22 pm
Forum: Personal Investments
Topic: What's my next step? (Edited / Updated with portfolio details)
Replies: 15
Views: 1540

Re: What's my next step? (Edited / Updated with portfolio details)

FYI I have updated the original post with portfolio details. Thanks for any input.
by SallyP
Sat May 11, 2019 9:29 pm
Forum: Personal Investments
Topic: What's my next step? (Edited / Updated with portfolio details)
Replies: 15
Views: 1540

Re: What's my next step?

I think your responses are minimal because you have not told us enough.Do you have retirement accounts, , an emergency fund how much capital gains in your taxable account . What are the choices in your retirement account etc,etc,etc As a first step go toa library and find out what value line thinks...
by SallyP
Sat May 11, 2019 8:46 pm
Forum: Personal Investments
Topic: What's my next step? (Edited / Updated with portfolio details)
Replies: 15
Views: 1540

Re: What's my next step?

I think your responses are minimal because you have not told us enough.Do you have retirement accounts, , an emergency fund how much capital gains in your taxable account . What are the choices in your retirement account etc,etc,etc As a first step go toa library and find out what value line thinks...
by SallyP
Sat May 11, 2019 6:20 pm
Forum: Personal Investments
Topic: What's my next step? (Edited / Updated with portfolio details)
Replies: 15
Views: 1540

What's my next step? (Edited / Updated with portfolio details)

My husband and I are about to break up with our financial advisor of 15 years. Prior to hiring him, I managed our investments through index funds (95%) and a few vanity stocks. Several issues over the past year, including a realization of exactly how much we've been paying him, have led us to decide...