Search found 120 matches

by Skeeter1
Sat Oct 19, 2019 9:42 am
Forum: Personal Consumer Issues
Topic: 2019 year end car buying experience
Replies: 16
Views: 2003

Re: 2019 year end car buying experience

Sorry to start this and run, but I started shopping or a new 2019 vehicle. I will fill in the details tomorrow, but if you are interested in purchasing or leasing a car, the dealers are ready to make great deals. You just have to play hardball with them and do their silly dance and get 3 quotes. So...
by Skeeter1
Fri Oct 18, 2019 4:56 pm
Forum: Personal Consumer Issues
Topic: 2019 year end car buying experience
Replies: 16
Views: 2003

2019 year end car buying experience

Sorry to start this and run, but I started shopping or a new 2019 vehicle. I will fill in the details tomorrow, but if you are interested in purchasing or leasing a car, the dealers are ready to make great deals. You just have to play hardball with them and do their silly dance and get 3 quotes. So ...
by Skeeter1
Thu Oct 17, 2019 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D provider help-Wellcare Wellness
Replies: 17
Views: 1165

Re: Medicare Part D provider help-Wellcare Wellness

I’m happy with this conversation with my fellow bogleheads. Helpful exchange and great info. Thanks everyone.
by Skeeter1
Thu Oct 17, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D provider help-Wellcare Wellness
Replies: 17
Views: 1165

Re: Medicare Part D provider help-Wellcare Wellness

Medicare star rating is much more objective measure than online reviews, it shows that the plan has been compliant and also hitting some of the measures Medicare wants (like people with chronic conditions that are more compliant and controlled based on data they collect)..... Not so! You are confus...
by Skeeter1
Wed Oct 16, 2019 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D provider help-Wellcare Wellness
Replies: 17
Views: 1165

Re: Medicare Part D provider help-Wellcare Wellness

Medicare star rating is much more objective measure than online reviews, it shows that the plan has been compliant and also hitting some of the measures Medicare wants (like people with chronic conditions that are more compliant and controlled based on data they collect). And keep in mind, typicall...
by Skeeter1
Wed Oct 16, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D provider help-Wellcare Wellness
Replies: 17
Views: 1165

Re: Medicare Part D provider help-Wellcare Wellness

jonbois wrote:
Wed Oct 16, 2019 9:36 am
I switched from walmart/humana last year to wellcare. Use their mail order service exclusively and found it very good. I will subscribe to them again this year. Our prescriptions (9) are all tier 1 or 2 and reasonably priced.
Great. Just what I was looking for. Thanks
by Skeeter1
Wed Oct 16, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D provider help-Wellcare Wellness
Replies: 17
Views: 1165

Medicare Part D provider help-Wellcare Wellness

Hi. As noted on many previous threads, Humana’s Walmart Part D plan is increasing to $59 per month for 2020. I know that Humana has a lower priced Walmart plan around $13.20/month, but while I was comparing plans I noticed Wellcare as a provider. With Wellcare Wellness, my prescription would cost $0...
by Skeeter1
Fri Oct 04, 2019 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D advise
Replies: 33
Views: 2205

Re: Medicare Part D advise

Here is some additional information on the Humana Walmart Value Rx Plan and the Humana Premier Rx Plan. This thread was posted in the Insurance Forums on August 30. https://insurance-forums.com/community/threads/humana-pdp-changes-2020.99331/ The Walmart Value Rx Plan offers Preferred Cost Sharing ...
by Skeeter1
Thu Oct 03, 2019 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D advise
Replies: 33
Views: 2205

Re: Medicare Part D advise

kaneohe wrote:
Thu Oct 03, 2019 3:03 pm
similar thread here viewtopic.php?p=4770255#p4770255
My bad. Thanks
by Skeeter1
Thu Oct 03, 2019 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D advise
Replies: 33
Views: 2205

Re: Medicare Part D advise

I'm in the identical position and discovered that the premium on this policy will about double from $29.60 to $58. They've also renamed this policy to the Humana Premier Rx Plan. My preliminary investigation revealed that Humana still has a Walmart policy with a premium of about $14 and I can't tel...
by Skeeter1
Thu Oct 03, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D advise
Replies: 33
Views: 2205

Medicare Part D advise

It getting close to open enrollment for Medicare and Part D coverage. For the last three years I have had Humana Walmart Rx plan (PDP) and it was fairly priced and great coverage and service. I started out in 2017, paying $16 per month. In 2018 to $18 and 2019 to $29.60. I get two 90 day generic pre...
by Skeeter1
Thu Oct 03, 2019 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage math
Replies: 20
Views: 2011

Re: Mortgage math

What is your AA? With the 10 year at 1.7% you aren't going to beat 4% at current rates in bonds or CDs (and who can predict the future). You really need to get more than 4% when you take into account taxes on dividends, capital gains and interest. There are definitely expenses that should be taken ...
by Skeeter1
Wed Oct 02, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage math
Replies: 20
Views: 2011

Re: Mortgage math

Why not borrow as much as you can? I'm not sure how long you would to have exceed the minimum historical years to exceed 4% in all cases but it's probably 15-20 years. So, in the worst case, you would come out behind with the mortgage if you stopped the game after 15-20 years. But will you stop the...
by Skeeter1
Wed Oct 02, 2019 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage math
Replies: 20
Views: 2011

Re: Mortgage math

No disrespect but did you get approved for a mortgage? I know retired folks can sometimes have difficulty if they aren’t receiving a steady “paycheck” despite having more than adequate funds saved/invested. All good. I am just starting this, so before I started the approval process I was looking to...
by Skeeter1
Tue Oct 01, 2019 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage math
Replies: 20
Views: 2011

Re: Mortgage math

Let me say upfront, that I’m a pay off the mortgage advocate under most circumstances. Assuming your portfolio is big enough to support your retirement and future care, I personally would rather be mortgage free and have lower monthly expenses. I appreciate folks who prefer to invest the money, it’...
by Skeeter1
Tue Oct 01, 2019 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage math
Replies: 20
Views: 2011

Re: Mortgage math

No disrespect but did you get approved for a mortgage? I know retired folks can sometimes have difficulty if they aren’t receiving a steady “paycheck” despite having more than adequate funds saved/invested. All good. I am just starting this, so before I started the approval process I was looking to...
by Skeeter1
Tue Oct 01, 2019 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage math
Replies: 20
Views: 2011

Re: Mortgage math

I have the cash to pay for my next home (I am renting now). I am trying to balance out which is better to do. Pay cash for the home or finance. If I finance, I will put down enough to avoid paying PMI. Let’s say the interest rate is around 4% (+/- ). This is probably the last home that I will purch...
by Skeeter1
Tue Oct 01, 2019 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage math
Replies: 20
Views: 2011

Mortgage math

I have the cash to pay for my next home (I am renting now). I am trying to balance out which is better to do. Pay cash for the home or finance. If I finance, I will put down enough to avoid paying PMI. Let’s say the interest rate is around 4% (+/- ). This is probably the last home that I will purcha...
by Skeeter1
Fri Sep 27, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Calculating a stepped up basis after spouse passes
Replies: 6
Views: 597

Re: Calculating a stepped up basis after spouse passes

“Just ask her to do an "as of" appraisal. I'd be very surprised if she couldn't gather enough data to do that.
Gill“
Thanks Gill. I believe that should work :wink:
by Skeeter1
Fri Sep 27, 2019 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Calculating a stepped up basis after spouse passes
Replies: 6
Views: 597

Re: Calculating a stepped up basis after spouse passes

Looking around the web I see two methods mentioned to demonstrate the stepped up basis 1) a retroactive appraisal done by a real estate appraiser, and 2) "in lieu of a valuation, a licensed real estate agent familiar with the market region was asked to supply a letter giving an approximate valuatio...
by Skeeter1
Fri Sep 27, 2019 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Debit card compromised while overseas-RFID question
Replies: 8
Views: 867

Re: Debit card compromised while overseas-RFID question

I brought 3 cards with chips with me to Europe the last time I went. If one failed, I would have 2 backups. I did not use my debit card outside of an ATM for cash only. I am not worried about fraud in the slightest. My credit cards have been compromised on at least 4 occasions that I can remember. ...
by Skeeter1
Thu Sep 26, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating a stepped up basis after spouse passes
Replies: 6
Views: 597

Calculating a stepped up basis after spouse passes

I was not aware of the stepped up basis of a jointly owned home when my wife passed away in 2014. We purchased the home in 1993 and we were both on the deed. This was our primary residence without any other property. I have since sold my home this year, 2019, and became aware of the stepped up basis...
by Skeeter1
Thu Sep 26, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Debit card compromised while overseas-RFID question
Replies: 8
Views: 867

Re: Debit card compromised while overseas-RFID question

I believe early contactless cards may have been less secure than today's cards, which seem to transmit one-time codes rather than full card information to a received RFID request: "The cardholder’s name, three digit security code on the back of the card, and billing information like zip code are ne...
by Skeeter1
Thu Sep 26, 2019 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Debit card compromised while overseas-RFID question
Replies: 8
Views: 867

Re: Debit card compromised while overseas-RFID question

Thanks for the info. I still got compromised somehow and my card had a chip which was why they were refused and defeated.
So I interpret your input as, relax and carry on?
Thanks in advance.
by Skeeter1
Thu Sep 26, 2019 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Debit card compromised while overseas-RFID question
Replies: 8
Views: 867

Debit card compromised while overseas-RFID question

I just returned from a great trip from London to Paris and a river cruise on the Seine. I primarily use my American Express card only and a debit card for fee free cash withdraws of local currency. My AE card wasn’t always working so I switched to using my debit card. In Europe, they never take your...
by Skeeter1
Tue Sep 17, 2019 12:45 am
Forum: Personal Consumer Issues
Topic: Asheville travel advice
Replies: 17
Views: 1365

Re: Asheville travel advice

I am not sure where you are flying from but Allegiant Air is incredible. We can fly from Fort Lauderdale to Asheville for under $80 and it is a direct flight. They keep opening hubs so if they are not in your market yet, they probably are coming soon. Best restaurant in Asheville for us is Curate’. ...
by Skeeter1
Mon Sep 16, 2019 3:35 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2016!
Replies: 273
Views: 66115

Re: Roll Call for the Retirement Class of 2016!

I appreciate the warm welcome :happy
All the best to all.
Glenn
by Skeeter1
Mon Sep 16, 2019 1:16 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2016!
Replies: 273
Views: 66115

Re: Roll Call for the Retirement Class of 2016!

Please add me to the Awesome Class of 2016, since November 5th, which was my birthday present to myself. :D
I am writing this from a river cruise on the Seine, which is currently in Paris.
Congratulations to all of this great class. Cheers :beer
by Skeeter1
Mon Sep 02, 2019 5:06 pm
Forum: Personal Investments
Topic: Help determining that I avoid a wash sale
Replies: 8
Views: 459

Re: Help determining that I avoid a wash sale

It doesn't sound like it applies in this case, but another point to keep in mind: there's nothing inherently bad about a wash sale. You don't "lose" the loss, it's just folded into the basis of the replacement assets you bought and thus realized when you sell the replacement assets. Other than dela...
by Skeeter1
Mon Sep 02, 2019 1:51 pm
Forum: Personal Investments
Topic: Help determining that I avoid a wash sale
Replies: 8
Views: 459

Re: Help determining that I avoid a wash sale

rkhusky wrote:
Mon Sep 02, 2019 1:48 pm
To reinforce, for wash sale you have to sell for a loss in a taxable account and buy substantially identical replacement shares in any account you or your spouse controls within 30 days plus/minus of the sale.
More great info. Thank you. :D
by Skeeter1
Mon Sep 02, 2019 1:46 pm
Forum: Personal Investments
Topic: Help determining that I avoid a wash sale
Replies: 8
Views: 459

Re: Help determining that I avoid a wash sale

Perfect. Thank you both for confirming that what I was doing is ok. I appreciate the support. All the best.
Glenn :sharebeer
by Skeeter1
Mon Sep 02, 2019 12:43 pm
Forum: Personal Investments
Topic: Help determining that I avoid a wash sale
Replies: 8
Views: 459

Help determining that I avoid a wash sale

Good afternoon fellow bogleheads. Like a true (new) BH I am sitting two blocks from the ocean in the West Palm Beach area with a CAT 4 hurricane bearing down and I am working on my portfolio. :shock: I am continuing to clean up the mess my fired advisor left me with. I have my AA identified and have...
by Skeeter1
Tue Aug 27, 2019 3:56 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

Part of my goal is to prepare for my RMD’s which I will face in in 3-1/2 years. That’s why I need to reduce my dividends before that occurs. Yes, good problem to have with a palatable timeline, but with all this new knowledge it’s hard to keep the horses in the barn. Patience, patience, patience.
by Skeeter1
Tue Aug 27, 2019 3:50 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

retire2022 wrote:
Tue Aug 27, 2019 2:35 pm
Op

Check out IRS publication 17

https://www.irs.gov/pub/irs-pdf/p17.pdf

https://www.irs.gov/taxtopics/tc409

Investment income and expenses

https://www.irs.gov/pub/irs-pdf/p550.pdf
Thanks for the resources :happy
by Skeeter1
Tue Aug 27, 2019 3:48 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

Are the dividends qualified dividends? If they are they might seem to push you into the higher bracket but since they are taxed like LTCG, they will be taxed at the much lower rates , and your bracket for ordinary income will be lower than you think. I use turbo tax and looked at them today to see ...
by Skeeter1
Tue Aug 27, 2019 3:45 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

On the bright side, you have enough income to qualify for the 24% tax bracket. :D :moneybag :moneybag :moneybag I know. I heard this quoted before and I have requoted ( is that a word?) to my friends. When you think about taxes, would you rather be in the lowest bracket or the highest. It usually s...
by Skeeter1
Tue Aug 27, 2019 1:19 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

Just a rant because I found it interesting that since I was retiring before my full retirement age that SS money could be clawed back if I decided to pick up a side hustle. Just thought it seemed wrong. It’s all good. To be clear, nothing is “clawed back,” a term that would generally mean you have ...
by Skeeter1
Tue Aug 27, 2019 12:56 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

Don't forget that only 85% of your SS is taxed, at the max. How horrible is that. When I was planning for retirement I learned about that. My comment to myself, “I guess that they would prefer me to live at the poverty level than to earn an active income and pay taxes “. Incredibly sad. :confused W...
by Skeeter1
Tue Aug 27, 2019 12:31 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

And the important thing about taxable gains and losses, is that they offset each other in the same year. You are only limited to that $3k in losses that exceed your gains for the year... so perhaps you could sell a lot more now and break even. Research your "realized gains" for the stuff you've alr...
by Skeeter1
Tue Aug 27, 2019 12:26 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

My recollection is that TurboTax provides a summary of your tax rates. You can always change amounts and see the effects on your rates and dollars. Last year’s TT is probably heavily discounted now. I use turbo tax and looked at them today to see about the 2019 IRMAA cliff. They use 2017 to determi...
by Skeeter1
Tue Aug 27, 2019 12:23 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

You mentioned turning off re-investment except for a few funds. I would think you'd want them all turned off. Leaving them on complicates later selling as you could run into short term gains for part of a position. I've kept all dividends on "no" and when they come in, decide what I want to do with...
by Skeeter1
Tue Aug 27, 2019 9:17 am
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

It might be worthwhile to have a CPA/tax prepare go through your last years and presumed this years taxes to give you an idea of what your income level really is - does not have to be an investment advisor and if paid by the hours, they might need not even a couple of hours to figure out where you ...
by Skeeter1
Tue Aug 27, 2019 7:53 am
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

Want to make sure you're looking at the cap gains issue correctly. You mention 3K TLH carrying on for a few years. It sounds like you have losses but are reluctant to sell gainers because of the cap gains tax. Wonder why you intend to carry the losses for a few years. Not intentionally but for a la...
by Skeeter1
Mon Aug 26, 2019 6:34 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

On a separate note, how crazy is our tax structure that you have to navigate it so carefully to understand it versus it being straightforward. My 2 cents.
by Skeeter1
Mon Aug 26, 2019 6:31 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

celia wrote:
Mon Aug 26, 2019 6:23 pm
Don't forget that only 85% of your SS is taxed, at the max.
Understand the 85% as well. Thank you.
by Skeeter1
Mon Aug 26, 2019 6:30 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

celia wrote:
Mon Aug 26, 2019 6:23 pm
Don't forget that only 85% of your SS is taxed, at the max.
How horrible is that. When I was planning for retirement I learned about that. My comment to myself, “I guess that they would prefer me to live at the poverty level than to earn an active income and pay taxes “. Incredibly sad.
by Skeeter1
Mon Aug 26, 2019 6:14 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

Want to make sure you're looking at the cap gains issue correctly. You mention 3K TLH carrying on for a few years. It sounds like you have losses but are reluctant to sell gainers because of the cap gains tax. Wonder why you intend to carry the losses for a few years. Not intentionally but for a la...
by Skeeter1
Mon Aug 26, 2019 5:22 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

Are the dividends qualified dividends? If they are they might seem to push you into the higher bracket but since they are taxed like LTCG, they will be taxed at the much lower rates , and your bracket for ordinary income will be lower than you think. Are you accounting for deductions? Again, I have...
by Skeeter1
Mon Aug 26, 2019 5:17 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

I assume you are single (filing single that is) ? It becomes a question of paying 15% cap gain tax on your portfolio withdrawals or paying 22-24% on the dividends if they count as income, so its a 7-9% difference on (I assume roughly) 70k, total of ca 5k It seems worth spending some optimization to...
by Skeeter1
Mon Aug 26, 2019 4:09 pm
Forum: Personal Investments
Topic: Tax bracket problem
Replies: 51
Views: 3016

Re: Tax bracket problem

I assume you are single (filing single that is) ? It becomes a question of paying 15% cap gain tax on your portfolio withdrawals or paying 22-24% on the dividends if they count as income, so its a 7-9% difference on (I assume roughly) 70k, total of ca 5k It seems worth spending some optimization to...