Search found 8886 matches

by jebmke
Wed Apr 24, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Whats the Point of Climbing the Corporate Ladder?
Replies: 53
Views: 2957

Re: Whats the Point of Climbing the Corporate Ladder?

When I was working people would posit the false choice of up (promotion) or stay put. As a result they would not look at lateral moves or relocation to expand skills/experience in order to make themselves less expandable. As a result, when things started to change, they couldn't adapt and were more ...
by jebmke
Wed Apr 24, 2019 9:35 am
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 80
Views: 3083

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

and I realized that the chances that one of those being hacked goes up as the list keeps growing. My desktop PC, which stores my financial information, is well protected and I don't serve my data to other devices, but still ... We have nothing like the devices you have. Limited to one ROKU and a Ro...
by jebmke
Tue Apr 23, 2019 5:55 pm
Forum: Personal Consumer Issues
Topic: Use of airport skycap experience
Replies: 14
Views: 1086

Re: Use of airport skycap experience

First, take a look at what you are packing, and unless there are special circumstances, you won't need half of what you think! ;) Great advice. We're moving, so after what seems to be a million trips to Goodwill, we're taking everything left over. When we were moving back to the US we had quite a b...
by jebmke
Tue Apr 23, 2019 4:51 pm
Forum: Personal Consumer Issues
Topic: Use of airport skycap experience
Replies: 14
Views: 1086

Re: Use of airport skycap experience

First, take a look at what you are packing, and unless there are special circumstances, you won't need half of what you think! ;) Plus, they have these things called stores that will sell you things you probably didn't plan on needing but the need cropped up at the last minute. I used to travel for...
by jebmke
Mon Apr 22, 2019 4:33 pm
Forum: Personal Consumer Issues
Topic: “Smart Home” upgrades?
Replies: 26
Views: 2013

Re: “Smart Home” upgrades?

RickBoglehead wrote:
Mon Apr 22, 2019 12:37 pm
Most people share their devices with the other devices on their networks. PCs can see each others files for example.
This is not a good practice. Sharing should be turned off. A NAS or Cloud-based system can be used to share data.
by jebmke
Mon Apr 22, 2019 11:43 am
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 80
Views: 3083

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

I'd setup a Ubiquiti UniFi Wireless AP. They're a little bit more complicated to setup than regular consumer routers and they don't have a router built-in, just a really strong Wireless AP. They're designed for enterprise use, so they work incredibly well in multiple units. Since they don't have ro...
by jebmke
Mon Apr 22, 2019 10:45 am
Forum: Personal Investments
Topic: Getting through a 2008-like crash during retirement
Replies: 38
Views: 3736

Re: Getting through a 2008-like crash during retirement

5-6% interest on bonds doesn't seem realistic. Real rates on moderate duration bonds are ~ 1/2% right now. I retired in December, 2007. Through the down-tick I was using bonds to re-balance AND cash flow. I did shift some of my bond funds from nominal bonds to individual Tips. Real rates were about ...
by jebmke
Mon Apr 22, 2019 10:17 am
Forum: Personal Consumer Issues
Topic: Living Overseas for 4 Months/Year for Regional Travel (Retirement)
Replies: 53
Views: 2829

Re: Living Overseas for 4 Months/Year for Regional Travel (Retirement)

I think the healthcare risk is mitigated by the fact that we can be back in US for 8 month a year. Most other countries have good/cheaper medical care as well. The key is to find out how accessible it is and measure the possible cost. You don't always get to choose when your major medical incident ...
by jebmke
Sun Apr 21, 2019 7:46 pm
Forum: Personal Consumer Issues
Topic: Looking for an easy to clean ultrasonic humidifier
Replies: 1
Views: 163

Re: Looking for an easy to clean ultrasonic humidifier

My wife uses only distilled water and that seems to cut down on the cleaning issues.
by jebmke
Sun Apr 21, 2019 12:44 pm
Forum: Personal Consumer Issues
Topic: Suitable present for friend's retirement?
Replies: 11
Views: 1040

Re: Suitable present for friend's retirement?

We have given these a couple of times and they were well received by retiring friends & relatives https://dayclocks.com/ Nice, for those with fading memories :twisted: Reminds me of a hotel in Vancouver BC, where each day, the fresh floor mat in each elevator each morning had the day of the week fu...
by jebmke
Sat Apr 20, 2019 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: What I don’t understand about Donor Advised Funds...
Replies: 57
Views: 4349

Re: What I don’t understand about Donor Advised Funds...

Once you start taking RMDs, QCDs are often the better option -- at least for the first $100K.
by jebmke
Sat Apr 20, 2019 7:32 am
Forum: Personal Investments
Topic: Ever Too Much in HSA?
Replies: 23
Views: 2465

Re: Ever Too Much in HSA?

$38K isn't a lot. Our Medicare premiums alone would burn through that in 4 years. If the account has reasonable fees and investing options, the worst case is that you can take money out for non-Medical purposes after you turn 65 and simply pay the tax then - like a Traditional IRA. Wow, I wasn't pr...
by jebmke
Sat Apr 20, 2019 7:27 am
Forum: Personal Consumer Issues
Topic: Suitable present for friend's retirement?
Replies: 11
Views: 1040

Re: Suitable present for friend's retirement?

We have given these a couple of times and they were well received by retiring friends & relatives

https://dayclocks.com/
by jebmke
Sat Apr 20, 2019 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Business write-off for travel
Replies: 5
Views: 582

Re: Business write-off for travel

If the person is truly an employee (W2), the ability for him to deduct un-reimbursed expenses was eliminated in the last tax bill.
by jebmke
Fri Apr 19, 2019 5:38 pm
Forum: Personal Investments
Topic: Ever Too Much in HSA?
Replies: 23
Views: 2465

Re: Ever Too Much in HSA?

$38K isn't a lot. Our Medicare premiums alone would burn through that in 4 years.

If the account has reasonable fees and investing options, the worst case is that you can take money out for non-Medical purposes after you turn 65 and simply pay the tax then - like a Traditional IRA.
by jebmke
Fri Apr 19, 2019 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth
Replies: 8
Views: 534

Re: Backdoor Roth

I'd be interested as well. I've never heard this. Just imagine what they think of "people who use HSAs." :P
by jebmke
Fri Apr 19, 2019 4:41 pm
Forum: Investing - Theory, News & General
Topic: This could be the biggest risk that retirees face?
Replies: 117
Views: 8164

Re: This could be the biggest risk that retirees face?

Again, here in the USA you can write your wishes down in a legally-binding health care POA. I suspect that in states that allow someone else to expedite one's visit to the departure lounge that this diagnosis would not qualify. Not legal yet in my state (yet); they narrowly failed to pass legislati...
by jebmke
Fri Apr 19, 2019 4:25 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3523

Re: Windows 7 end of support - Jan 14, 2020

I would not treat a family computer the same way — that would need to be upgraded because everyone clicks on everything and says Yes to every dialog box. If the machine is used that way then it won't be safe with Windows 10 either. True but you can go a long way to protect the system by creating st...
by jebmke
Fri Apr 19, 2019 12:02 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3523

Re: Windows 7 end of support - Jan 14, 2020

I have never used the reset feature. I prefer a clean install from the Windows media for whichever build I want. I am assuming reset will re-install an older build which is less than ideal. I'm at 1803 with my home machine and 1809 with the other 50 machines I manage. Why would reset install anythi...
by jebmke
Fri Apr 19, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: What I don’t understand about Donor Advised Funds...
Replies: 57
Views: 4349

Re: What I don’t understand about Donor Advised Funds...

Another benefit of a DAF (at least Fidelity's, with which I'm familiar) is that you can leave funds in it or add funds to it upon your death, and you can select successor charities who will receive funds. True, but if the assets transferred to an heir with stepped up basis and they then made the do...
by jebmke
Fri Apr 19, 2019 9:08 am
Forum: Personal Finance (Not Investing)
Topic: What I don’t understand about Donor Advised Funds...
Replies: 57
Views: 4349

Re: What I don’t understand about Donor Advised Funds...

One reason is that there is pressure, and even rules, to spend almost all the donations received each year. Another reason is that such organizations do not have, for various reasons, the ability to invest funds and get a good return. No, your money does NOT always do more good in a charity than ou...
by jebmke
Fri Apr 19, 2019 9:00 am
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3523

Re: Windows 7 end of support - Jan 14, 2020

I'm very happy with Windows 10. Maybe the fact I've done a clean install a couple of times since upgrading has helped. (The built-in "reset this PC" feature makes this easy. ) I tried the W10 reset feature. After it completed, I had no drivers for the wifi nor for the ethernet port. The only option...
by jebmke
Thu Apr 18, 2019 8:22 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3523

Re: Windows 7 end of support - Jan 14, 2020

I’ve had no issues with Win 10 having upgraded from Win 7 when it first came out. I consider it better and more stable than Win 7 which was also a very stable OS. Win7 was quite stable but every once in a while I would have to kill off a process. I never have to do this in Win10. Win10 access contr...
by jebmke
Thu Apr 18, 2019 5:50 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3523

Re: Windows 7 end of support - Jan 14, 2020

GrowthSeeker wrote:
Thu Apr 18, 2019 10:15 am
When W10 first came out it was horrible but apparently it got better.
I have about 50 machines running Win10 and have not had any issues. Didn't have with 7 either.

My desktop runs Win10 and it is quite stable. The only time I restart it is to install updates.
by jebmke
Thu Apr 18, 2019 1:48 pm
Forum: Personal Consumer Issues
Topic: Final Word from Cyber Security types?-Password Manager for non-techie??
Replies: 43
Views: 1915

Re: Final Word from Cyber Security types?-Password Manager for non-techie??

Outside of being part of an organization, would you just go with the free personal version of LP or subscribe to the Premium? Trying to understand the difference. I don't use LP but I'll offer the following suggestion/opinion. If the core encryption/security of the free version is less than the pre...
by jebmke
Thu Apr 18, 2019 1:38 pm
Forum: Personal Consumer Issues
Topic: Video Camera to check in on Elderly Parent
Replies: 76
Views: 4799

Re: Video Camera to check in on Elderly Parent

Just out of curiosity, has anyone here had success with getting elderly relatives to carry their phones with them? Haha this is like a "you ever notice" comedy routine. Every family member on both sides older than 60 won't carry their phones. Even when they are specifically expecting a call. There ...
by jebmke
Thu Apr 18, 2019 1:01 pm
Forum: Personal Consumer Issues
Topic: Video Camera to check in on Elderly Parent
Replies: 76
Views: 4799

Re: Video Camera to check in on Elderly Parent

Hi Megabad, I was unsuccessful in getting my elderly dad to carry cell phone with him consistently. The cell phone would sometimes be left in different parts of the house and sometimes out of battery. Sometimes I can't get him to pick up the landline b/c he is screening for spam calls :) That's why...
by jebmke
Thu Apr 18, 2019 12:28 pm
Forum: Personal Consumer Issues
Topic: Final Word from Cyber Security types?-Password Manager for non-techie??
Replies: 43
Views: 1915

Re: Final Word from Cyber Security types?-Password Manager for non-techie??

I also use Keepass. I currently store the db on my Google Drive; my financial accounts PWs are not in the db I sync since I would never try to access them outside the house anyway. I keep those in a separate KP db.
by jebmke
Thu Apr 18, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Donating Money In Someone's Name
Replies: 5
Views: 458

Re: Donating Money In Someone's Name

The client isn't making the donation. If he/she wants to make the donation they should do so directly.
by jebmke
Wed Apr 17, 2019 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Estimated Tax Filing Steps - Please help/confirm
Replies: 5
Views: 418

Re: Estimated Tax Filing Steps - Please help/confirm

I've never used direct pay but that looks reasonable. If you expect to be making estimated payments regularly you might look into EFTPS. It takes some time to set up. I would link the payment to the primary taxpayer on the returns although I doubt it makes a lot of difference. You do not need to pro...
by jebmke
Wed Apr 17, 2019 7:28 am
Forum: Personal Consumer Issues
Topic: How to fix jerky images on streaming TV?
Replies: 29
Views: 1580

Re: How to fix jerky images on streaming TV?

I always use a wired ethernet connection for streaming. If your home is not wired, use a pair of these: https://www.frys.com/product/7859069?store=22&source=google&gclid=EAIaIQobChMI5tTyyoTX4QIVy8DACh2HXgmKEAQYASABEgKugvD_BwE https://images.frys.com/art/product/300x300/7859069.01.prod.jpg And rathe...
by jebmke
Tue Apr 16, 2019 3:46 pm
Forum: Personal Consumer Issues
Topic: Migrating to better weather in retirement -- rent a timeshare or buy a vacation home?
Replies: 21
Views: 1926

Re: Migrating to better weather in retirement -- rent a timeshare or buy a vacation home?

If anybody told me what my life would be like today back in 1999, I would have laughed my head off. Very true! A lot can change in 15 or 20 years. No need to plan housing prospects so far in advance. A very lot can change. If I think back to what I thought I'd be doing in retirement I can tell very...
by jebmke
Tue Apr 16, 2019 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: PSA: getting a social security statement
Replies: 10
Views: 1293

Re: PSA: getting a social security statement

You can also go into any SS office and they will activate your account with a temporary PW without having to unlock your credit.
by jebmke
Tue Apr 16, 2019 2:13 pm
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 88
Views: 6389

Re: What is your hobby and how did it come to be your hobby?

Birding. We started in 2007 doing some volunteer surveying at an Audubon property. Met quite a few area birders and naturalists.
by jebmke
Tue Apr 16, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: What I don’t understand about Donor Advised Funds...
Replies: 57
Views: 4349

Re: What I don’t understand about Donor Advised Funds...

ForeverMom wrote:
Tue Apr 16, 2019 11:20 am
The new portfolio will fluctuate in value a little or a lot depending on the AA and the market. Does that then dictate how
much I can recommend in grants?
Yes, you can only grant the total market value at the time you wish to make the grant.
by jebmke
Tue Apr 16, 2019 10:23 am
Forum: Personal Finance (Not Investing)
Topic: New tax law- Do you have to itemize to deduct 529 contributions from STATE taxes?
Replies: 7
Views: 271

Re: New tax law- Do you have to itemize to deduct 529 contributions from STATE taxes?

This may vary by state. Best to check the state instructions for preparing a state return. College investment plans in Maryland are treated as a subtraction from income, not a deduction so the choice of standard deduction or itemized deduction does not impact this.
by jebmke
Tue Apr 16, 2019 10:15 am
Forum: Personal Investments
Topic: How often do you check up on your investments?
Replies: 35
Views: 2113

Re: How often do you check up on your investments?

Never

I only look for suspicious transactions and unrealized losses in my taxable account that need to be harvested. If I think I am close to a re-balance point, I'll double check but I have a pretty good feel for where that is relative to market moves.
by jebmke
Mon Apr 15, 2019 3:50 pm
Forum: Personal Consumer Issues
Topic: High powered binoculars recommendations
Replies: 22
Views: 1035

Re: High powered binoculars recommendations

Like shoes, you have to try binoculars before you settle on which pair to keep. Ideally you can do this before buying. If buying online, make sure they can be returned. Just because a pair says "8x42" doesn't mean it will work for you the same way another 8x42 model might. Different manufacturers ha...
by jebmke
Mon Apr 15, 2019 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14187

Re: In Laws Retirement Nest Egg

Many people get by in retirement with much much less. I never get involved in anyone's financial life - even if they ask.
by jebmke
Mon Apr 15, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: What defines "income" on a retiree's credit card application?
Replies: 102
Views: 5962

Re: What defines "income" on a retiree's credit card application?

I haven't applied for a card in a while. I'd be tempted to use a number that I can reconcile to my tax return in case someone decides they want support. Note that this would include tax-exempt interest. I would probably exclude capital gains and Roth conversions if they appeared on my recent return.
by jebmke
Mon Apr 15, 2019 9:03 am
Forum: Personal Consumer Issues
Topic: High powered binoculars recommendations
Replies: 22
Views: 1035

Re: High powered binoculars recommendations

Im sitting out here on a hill on an early spring morning thinking high powered binoculars would be fun. I could imagine setting up a tripod and looking around. Anyone do this? What do you reccomend? I think it depends on what you are looking for -- and how much you are willing to spend. We use a Le...
by jebmke
Mon Apr 15, 2019 8:53 am
Forum: Personal Consumer Issues
Topic: Walking shoes
Replies: 33
Views: 2136

Re: Walking shoes

Feet vary a lot, and shoes that are fantastic for one person may be awful for another. Go to an independent shoe store with a large selection of practical shoes (rather than business or formal shoes.) Get both your feet measured. Wear an old pair of walking shoes: have the assistant look at the wea...
by jebmke
Mon Apr 15, 2019 8:50 am
Forum: Personal Consumer Issues
Topic: Walking shoes
Replies: 33
Views: 2136

Re: Walking shoes

Socks are an important consideration as well. I use both an inner light wool or silk sock and a medium weight rag or smart wool sock (REI for both). That helps absorb some of the trauma on your feet. Vibram soles are rugged and work well on rough surfaces. I wear wool year round when I wear my hiki...
by jebmke
Mon Apr 15, 2019 7:29 am
Forum: Personal Finance (Not Investing)
Topic: HELP! Tax questions.
Replies: 11
Views: 903

Re: HELP! Tax questions.

My question would be why did he file it before you had a chance to review the return? Not a good practice IMO. You might be surprised at how many people file their taxes without reviewing them carefully. You can scan various tax threads on this forum and some will even admit that they didn't look b...
by jebmke
Sun Apr 14, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Late K1
Replies: 9
Views: 942

Re: Late K1

Amendments are often easier than doing a regular return. I do 8-10 per year. Follow the instructions for 1040X and you can't go wrong.
by jebmke
Sun Apr 14, 2019 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Son is a college student still staying at home. How to file taxes?
Replies: 9
Views: 947

Re: Son is a college student still staying at home. How to file taxes?

I assume that this is for federal taxes. Personal exemptions are gone. In the past a dependent added to the number of personal exemptions. How would a dependent affect taxes now? Depending on the age, potentially a child tax credit or "other dependent credit." Also, for lower incomes, EITC might ap...
by jebmke
Sun Apr 14, 2019 5:01 pm
Forum: Personal Consumer Issues
Topic: Walking shoes
Replies: 33
Views: 2136

Re: Walking shoes

I'd start with two decisions: Do you want an athletic shoe that is a little dressy or a dressy shoe that is constructed like an athletic shoe? I usually choose the latter. Do you want a water resistant shoe? I usually do. When I travel for pleasure I typically wear a hiking type shoe because they a...
by jebmke
Sun Apr 14, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: HELP! Tax questions.
Replies: 11
Views: 903

Re: HELP! Tax questions.

Accountant filed taxes electronically before including deduction for my wife’s SEP. Now what do I do? This seriously increases our taxes due tomorrow. He did this despite us notifying him of the contribution. Do I call IRS and try an extension or do I pay the amount (a significant drain on savings)...
by jebmke
Sun Apr 14, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Please help, foreign tax credit
Replies: 24
Views: 1135

Re: Please help, foreign tax credit

nalor511 wrote:
Sun Apr 14, 2019 4:50 pm
Definitely use the download certain, for form view alone it's worth the $18 price of HR block on sale. Search Slickdeals. If you just want to compare fed, and don't need state, you can probably find $11
I would never use a product that didn't allow me to see the entire return.
by jebmke
Sun Apr 14, 2019 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Trad IRA contribution made in 2019 for back door Roth?
Replies: 6
Views: 287

Re: 2018 Trad IRA contribution made in 2019 for back door Roth?

There is no such thing as a "back door Roth IRA" It sounds like you made a deductible contribution to a Traditional IRA for 2017 (in 4/18) and then did a conversion to a Roth shortly thereafter. If so, you should have completed a form 8606 for 2017 when you did your taxes for 2017. Then when you did...