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Sorry for your loss. My experience is one needs to get the accounts legally in your name by presenting death certificate, etc then one can move the accounts elsewhere. I don’t know how soon they will let you end their advisory service in the process. Good luck.

I know a number of advisors but the one i'm probably the closest with I met a number of years ago. We met at a golf outing through a mutual friend and now we do a number of fundraiser charity events fairly regularly and have a lot of time to talk. we have all sorts of conversations on mutual funds, etfs, stocks, the market, portfolio construction and he's basically like I don't know anything about this product or that. He only really had a wrong super simplified idea of what index investing or "bogleheading" entailed. Never seen a SPIVA report. He just knew he needed clients and these were the products they should be in. His mentor and the managing partner of the firm really only /knew/knows American Funds and he's been doing thi...

I'm OCD...and enjoy it. I created my own set of excel sheets and update them daily. Not only do I track daily closing price of all my positions(within 2 Roth IRA's, Cash Management acct and a separate checking acct), but I track all my daily expenses and incoming cash in a monthly budget sheet. The sheet breaks down asset allocation and percentages accordingly. I can tell you at the drop of a hat exactly where I stand....but then again I'm recently retired and just started collecting SS so I have plenty of time. Updating the sheet only takes a few minutes a day tho and is well worth it...especially the monthly budgetary sheet. Daily? Wow. I update mine a couple times of year. I feel like ebeneezer Scrooge counting his gold coins if I do it...

No no no

Vanguard will not do auto RMDs out of ETF accounts so in two inherited IRAs I use vanguard mutual funds. I have misses RMDs when the vanguard moved to a brokerage accounts … paperwork was a little painful.

You just need to find a trustworthy mechanic. Most of them are. I just had my son's car aligned yesterday and told them I thought I heard the growl of a bad wheel bearing. The alignment was $180 and they said the wheel bearings are fine and the sound was the cheap Walmart tires my son had put on it. I paid about $150 to have my truck aligned a couple months ago. I've never had a mechanic try to upsell me unnecessary work. Once or twice they've found something else that needed fixed but they were able to show me while it was still on the lift and there was no question it really needed done. My experience is most mechanics are motivated by money like many people and that may influence their decision on repairs. We are VERY lucky to have foun...

My advisor helped me get my financial house in order, and that’s huge. He was also my mother’s advisor in the later years of her life. I don’t like the idea of her losing 1.7%, either, but once it became clear that she had Alzheimer’s, I was relieved to have a professional’s help. Schwab says it takes 48 hours to de-link one’s accounts from the advisor, so the hemorrhage will soon stop! By the by, I think I’ve read on this forum that I’ll no longer be able to purchase more shares of my DFA funds, but that I’ll be able to reinvest dividends. Can anyone weigh in on this? Thanks! One call does it all … send them packing with their 1.7% thievery. My understanding is if you have a DFA fund you can reinvest the dividends … private investors can ...

A good school is the number one thing one can do to help our kids. I think I’d go for it and I think you can afford it. It may delay that early retirement.

I have been about 75 /25 most of my life (age 62) with a gov military pension. It is really a personal decision based upon your own willingness and ability to assume risk. If it worries you split the baby and do 60/40. You don’t say how much you have saved in relation to what your expected needs in retirement will be. How much do you spend a year … how many times that will you have saved at retirement after deducting your fers annuity from your spending? My experience retired in our 60’s is we spend the same amount we did before except for college, kids, and retirement savings. New roofs, kitchens, little boat, travel, dental w/ no insurance, windows, an occasional car, furniture, car insurance, etc add up. And we have more time to spend. I...

Companies financial situation and risk underwriters and marketing strategy in your location as well as your own individual factors such as credit rating and driving record and claim history may determine what you are quoted.

Shop around three or so companies every few years with similar coverage to see who is offering the best deal. I shop usaa, geico, liberty mutual. Over 40 years the best deal varied greatly especially when we had young drivers.

I’d go a little more c fund and a little less international in my tsp. Congrats on being so well organized financially. I have had great luck watching often for used, low mile one owner Toyotas and Hondas on Craigslist and FB marketplace. Only search individual sellers. Stay away from anyone who sells cars for a living. I want to see proof they have owned it since new and regular maintenance was done. Over a long period of time I have bought some nice dependable cars. Don’t be in a rush. If I don’t have time (May take months) to find the right car on line I’d just go buy new. Might be something that would work for you or not.

Here's a list I recently started working on, with the help of some others: Routine Maintenance of Home Monthly • Change HVAC filter • Check smoke alarm and carbon monoxide sensors • Clean dishwashing machine filter • Run some vinegar through empty load on dishwashing machine Quarterly • Check all faucets to make sure there are no drips, this includes outdoor faucets. • Vacuum all HVAC vents to avoid dust build up which mold likes • Clean out impeller in dishwashing machine. • Clean out washing machine filter if it has one (thanks GilesMM) Semi-Annually • Check that dryer vent line is clear Yearly • Clean out fins on air conditioner condenser unit outside. • Drain sediment from water heater • Inspect home trim for any rot • Free pest contro...

I have had uhaul do a couple hitches but with mixed results. Maybe check their on line reviews. Dealer may be best but as you can imagine it will be more expensive. I had a poor wiring job done years ago by uhaul and some hitches may require cutting plastic trim on / under rear bumper so you want it to look well done. The hitch install can be fairly standard but the trailer wiring might take a little know how. If your car is pre wired for trailer wiring it will be easier. If you have a decent mechanic you can buy parts on line and have them do it. Etrailer.com has hitches and wiring kits. Check them out. The internet and YouTube are your friend.

Sounds a bit micro managing to me.

Exchme wrote: ↑Sat Mar 18, 2023 1:56 pm Early SS increases the tax costs of Roth Conversions, so as long as both of you have good health, I would wait to claim SS for a few years while you work on Roth Conversions.

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Thanks for your feedback Parkinglottracer! I may move to simplify number of funds towards a three fund/etf portfolio Total market index, Total international index fund, and total intermediate index bond fund like vti, vxus, and bnd If you can. You will have to be the judge if the variety of funds helps your diversification / performance any. Maybe Like you I have a few stocks (say 10) in my taxable brokerage that now have sizeable capital gains - in order to simplify those I have to pay the taxes on the Gains. Trying to do a little of that each year as I don’t want to trade ubiquiti, Amazon, google, apple, junior anymore. You may be in that situation someday. I have a bond ladder instead of bond ETFs. I like individual bonds, I bonds, g fu...

Might be some financial institutions that will give you a special interest rate on a mortgage using your assets as collateral if they are held by them. I’d check into that so you know what interest rate you would pay with that kind of deal. Not to be held hostage to interest rates when it’s time to buy, I’d start planning to be able to pay cash or pay a large portion of the 2.5M in cash. I wouldn’t save money I need in the next three years in equities but in shorter term treasuries / federal money market accounts that are paying north of 4.5%. So you have 500K equity in your house, you need another 2M. At say 500K a year cash saved x 3 you could get to another 1.5M quickly. If you only got to 1M you would still only have to borrow 1M so hi...

As a person who retired at age 51 then went back to work at age 53-60 to my previous job and retired again, I’d at least consider the idea you might not like retirement or consider you might have too much time on your hands or consider you might like the social interaction working. Either way as you exit the workforce save some options if possible - can you go part time? Can you consult? Are there other jobs you could get if you wanted to? Annual expenses of 20K a year seem incredibly low. 30K a year seems low too. Just A roof on a house might cost 10-15K. New hvac 5-7K. One dental implant 5K. Are we sure the annual expenses isn’t too low? What if the partner leaves or worst case has a stroke and needs care - can you afford going it solo? I...

Might be some financial institutions that will give you a special interest rate on a mortgage using your assets as collateral if they are held by them. I’d check into that so you know what interest rate you would pay with that kind of deal. Not to be held hostage to interest rates when it’s time to buy, I’d start planning to be able to pay cash or pay a large portion of the 2.5M in cash. I wouldn’t save money I need in the next three years in equities but in shorter term treasuries / federal money market accounts that are paying north of 4.5%. So you have 500K equity in your house, you need another 2M. At say 500K a year cash saved x 3 you could get to another 1.5M quickly. If you only got to 1M you would still only have to borrow 1M so hig...

Thank you - I appreciate the counsel!

Nicely ask you mechanic to check it out. If his answer seems far fetched nicely check out other mechanics.

Helping a friend research changing his small business 401K provider. He has a dental practice of 5-10 employees. Currently he and his employees use an administrator and are limited to using American funds. He would like his employees (and himself) to gain access to low cost vanguard index funds and reduce plan fees. Researching the BH forum I see where others have recommended guideline.com and employeefiduciary.com as low cost third party administrators for small businesses. In addition to hiring a firm like those two is it “prudent” for a small business owner to also hire a retirement plan focused advisor that would help creat the paperwork with the plan but also add administrative fees? Personally I would not use an advisor but with our l...

They may be / will be having sex, drinking a lot, buying buddies adhd drugs to use during finals, doing other illegal drugs, buying fake ids that scan real that tsa doesn’t like, etc so if you haven’t had an adult discussion with them as of late about these things you might consider easing into it. Some % of illegal drug use may cause psychosis/ mental illness. If you see the symptoms don’t wait to get them help and stop the drug use. Sometimes no drug use can have same symptoms. Wife and I have never tasted alcohol or consumed a non-prescription drug in or lives nor partook in the other mentioned activities. My daughter's biological father is a drug addict who has had his life ruined by substance abuse, we have multiple siblings on both s...

Schwab stock has taken a recent hit with exposure to its banking arm. I think you are well secure at fidelity and vanguard.

bagle wrote: ↑Fri Mar 17, 2023 1:51 pm

Parkinglotracer wrote: ↑Fri Mar 17, 2023 1:48 pm

bagle wrote: ↑Fri Mar 17, 2023 10:58 am

Parkinglotracer wrote: ↑Thu Mar 16, 2023 3:07 am
- pretty woman that say hi to you in the bar or in the street are not interested in having a long term relationship with you
- common scam may be the oldest occupation or ask you to buy them a drink that rings up to big bucks $$ ; the woman splits the profit with the bar owner. You are out $$$.

Or worse, judging from a certain scene in Spielberg's Munich.

It was great movie - I think I remember - did she kill him?

Yes. Spoiler alert: she invites him up to her room after drinks at the bar, and that’s it for him…

Oh well he was a bad guy anyway -lol. Revenge is a best dish served cold.

They may be / will be having sex, drinking a lot, buying buddies adhd drugs to use during finals, doing other illegal drugs, buying fake ids that scan real that tsa doesn’t like, etc so if you haven’t had an adult discussion with them as of late about these things you might consider easing into it. Some % of illegal drug use may cause psychosis/ mental illness. If you see the symptoms don’t wait to get them help and stop the drug use. Sometimes no drug use can have same symptoms. We made it clear I’d pay for 4 years and no more - don’t let them string it out to 5 year plan. I’d have them start with an end game job in mind. Specific. Not business. There are cheaper places to find yourself. If they are not treating it seriously it’s time to t...

bagle wrote: ↑Fri Mar 17, 2023 10:58 am

Parkinglotracer wrote: ↑Thu Mar 16, 2023 3:07 am
- pretty woman that say hi to you in the bar or in the street are not interested in having a long term relationship with you
- common scam may be the oldest occupation or ask you to buy them a drink that rings up to big bucks $$ ; the woman splits the profit with the bar owner. You are out $$$.

Or worse, judging from a certain scene in Spielberg's Munich.

It was great movie - I think I remember - did she kill him?

Bought a used rx 350 this year and used Boston whaler and a kitchen / floor redo. Bought my wife an iPad as I frequently use the one I bought her to surf this forum.

On Wall Street insider friend says the number of daily cyber attacks on major financial players is staggering and they recommend splitting one’s accounts to a couple major firms and printing out statements on occasion. Another Sr military friend that does cyber defense work heard that and added you might keep the statement paper in order to build a fire to keep your house warm based upon the extreme cyber vulnerabilities of our utility companies and the expectation we can take down China / Russia grids and they can do the same to ours.

We do have two checking accounts in case one gets locked up. We have a gas fireplace that works when the power goes out.

Sleep well!

30west wrote: ↑Thu Mar 16, 2023 8:02 pm Paving the shortcut is the answer. Everything else will likely fail.

Yes this ! A few real and fake dog turds may help too.

I may move to simplify number of funds towards a three fund/etf portfolio Total market index, Total international index fund, and total intermediate index bond fund like vti, vxus, and bnd If you can. You will have to be the judge if the variety of funds helps your diversification / performance any. Maybe Like you I have a few stocks (say 10) in my taxable brokerage that now have sizeable capital gains - in order to simplify those I have to pay the taxes on the Gains. Trying to do a little of that each year as I don’t want to trade ubiquiti, Amazon, google, apple, junior anymore. You may be in that situation someday. I have a bond ladder instead of bond ETFs. I like individual bonds, I bonds, g fund, CDs, mm funds to reduce interest rate r...

Edited below.

It depends. I sold a house last year in a week without a realtor and bought a house within a week with a realtor. Take a good inventory of your skills, your needs, the market, the property, your time, your ability to market and price the property, and determine what will be best for you. Good luck.

- make sure your passport doesn’t expire in next 30 days - don’t drink the water I agree with all your points though at 55 countries so far I haven't had to have a flack jacket yet lol. The only two I'll comment on are above. One quite a few countries have a requirement that the passport be valid for six months from the time you enter/leave the country (varies). I certainly would not try to travel on a passport with 30-days on it unless I was desperate and knew it was ok for the country I was going to. Usually I renew my passport about 12 months out +/- when I have a sufficient break in my travels. The water is fine in many developed countries. I have had zero issues in Europe, Australia, Japan, etc. Obviously less developed countries are ...

As they say when the US sneezes the world gets a cold - VXUS international ETF is down 2.6% yesterday as world tries to manage banking crisis.

Traveled a lot internationally for defense industry - realize how lucky you are to travel, remind yourself and embrace the suck - pack light and don’t check bags - have a backpack for laptop, etc not briefcase so you are mobile (can run) and don’t look like a traveling businessman or woman - have name tags on your luggage that are discreet - don’t tell the world what you do or who you are - bring backup phone battery - bring ear plugs - bring a deck of cards - carry a little amount of cash with small bills - make sure your passport doesn’t expire in next 30 days - have copy of passport on phone and paper backup in luggage - have few charge cards and let them know you are traveling - check before you go for countries threat status and whethe...

There is a standard format avail here on forum for portfolio reviews that may help you get more feedback. Congrats on your great savings at such a young age. Keep it up.


https://www.bogleheads.org/wiki/Asking_ ... _questions

Stock market adjusts for inflation. Big Mac goes up in price - McDonald’s stock goes up in price with earnings. Storing wealth over time has always been a challenge so we diversify our investments.

Congrats on the money you have made. I’d take a portion of it and start funding your retirement by buying a low cost total market index fund/etf like VTI in a Roth or IRA. Keep investing in your business and yourself. Set a goal to save / invest say - 15-20% of your paycheck every payday moving forward for retirement. Never too early to start.

Thank you for your response. When I have rolled over IRA’s I have started with the institution I wanted the money to end up at and filled out their account opening or transfer paperwork.

It is fairly easy to buy and sell CDs on the vanguard website but I understand if that is something you don’t want to do.


Good luck.

Change your filters with decent products and get on with our lives.

And we shouldn’t let that cabin air filter and water filter in the fridge grow mold either. We’d be Better off taking those potential Petrie dishes out than never replacing them. Or Start your own legionnaires disease experiment.

mega317 wrote: ↑Tue Mar 14, 2023 8:41 pm One risk is if you take your car in for service with a really dirty filter they will change it and charge you 10 times what it would cost to do it yourself. This is especially a risk with a spouse who doesn’t know better and OKs the charge.

Funny - maybe the biggest risk for many of us.

Bonds and bond funds go up in value which encourages people who see high returns to buy more of an investment they may not understand - Not realizing the losses they will take when rates reverse. We have seen that reversal recently after years of declining rates. As rates go down and money is cheap it can fuel inflation. We have seen that recently. That hurts consumers and workers. Businesses can get lax in their money management with low rates because money is easy to borrow. Amazon and facebook and other companies spend all kinds of money on silly projects. As rates fall it can cause equities to get overvalued as there are less places to seek yield / return on capital. We buy high ! As rates fall too low it leaves the federal reserve with...

I keep my tsp account open in retirement solely because of the “special” G fund. I use the G Fund to avoid the interest rate risk of regular bond funds and the F fund has. Outside of the tsp I hold 1-3 year treasuries, CDs, MM funds to limit my duration risk although as we have beat to death in other threads the limits to the duration risk inherent in holding individual bonds are mainly psychological as there are still fluctuations in value thru maturity and reinvestment risk just like in a rolling bond fund.

I would imagine you can. Is it being too nosey to ask why? I have accounts at both places and I have seen no reason to ever move money to chase with the CDs and treasuries I can get at vanguard. Maybe there are some deals available for depositing new funds at chase. I haven’t seen any new deposit deals that have motivated me as of late when I can get 4.5% plus at vanguard in my treasury Mm account. Maybe I am overlooking something.

Two or three weeks for my ny state and federal return filed with turbo tax.

If your bank is fdic insured and you have less than 250K deposited there you are insured by the US government so sleep well at night. It wouldn’t hurt anyone to have some of your money at another fdic insured bank too in case of a bank failure or cyber attack that limits access to your money for a few days. I bank at chase because it has a branch 1 mile from my house and i bank at usaa because I was in military. No matter where we traveled folks were ok taking checks from those places without giving me a hairy eye ball of a strange bank. They offer good services. We pay no fees for banking either place. Chase has challenged my patience with its fraud alerts on money transfers but if that is the worst thing I can say about them that’s ok. Fo...

Flashes1 wrote: ↑Tue Mar 14, 2023 8:35 am Lululemon makes a comfortable men's pant.

https://shop.lululemon.com/c/mens-trousers/_/N-8rq

I have three pairs of lululemon abc pants I got as gifts from my kids. Two pairs of lulu shorts. They are the most comfortable and best looking pants I own. They are like 70-90 bucks a piece but worth every penny as they last for years.

I’ll buy more and I am not a person whoever spends that kind of money on anything. You can get a lulu discount if someone is a coach I believe.

One call to Schwab does it all. If you have an advisor who has third party access to your Schwab account (ie you have agreed to allow them to manage your money and DEDUCT management fees), call Schwab and tell them you would like to TERMINATE the third party / advisor authorization / access immediately. Ask for verification from Schwab this was done. Follow the call up in writing to Schwab.

You don’t have to tell your advisor - as soon as they see the money from you stop they will call you. If you would like to. you can drop the advisor a note and say “you have decided to go in another direction.”

You don’t have to move a thing anywhere.

ehh wrote: ↑Mon Mar 13, 2023 9:10 am

Parkinglotracer wrote: ↑Mon Mar 13, 2023 9:03 am What’s a CDAR?

CDARS stands for Certificate of Deposit Account Registry Service®. It is a special service developed by Promontory Interfinancial Network, LLC to provide large depositors better access to FDIC coverage for all of their funds.

Excellent thank you. I don’t know how the new fund the fdic created will affect his business. Now we have to consider if FDIC insurance is really unlimited moving forward. I don’t like the gov insuring everyone to prevent bank runs. Bank leaders take risks, give out bonuses, investments fail, and gov bails them out. It’s not simple obviously.