Search found 45 matches

by bacon4retirement
Fri Nov 27, 2020 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance- when did you cancel it?
Replies: 19
Views: 1638

Re: Disability Insurance- when did you cancel it?

I just canceled my disability insurance last week during benefits enrollment. I probably should have canceled it years sooner since I passed 25x expenses saved long ago.
by bacon4retirement
Sat Nov 07, 2020 12:10 am
Forum: Personal Consumer Issues
Topic: Electric Fireplace
Replies: 8
Views: 942

Re: Electric Fireplace

I rented a place that provided a standalone faux fireplace as supplemental heat in a bedroom. Having the heating system linked to a bright, noisy display was awful. I have not ever seen a high end version, and would recommend against a low end faux fireplace.
by bacon4retirement
Wed Oct 21, 2020 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: HMO with no premiums vs. HDHP/HSA
Replies: 7
Views: 613

Re: HMO with no premiums vs. HDHP/HSA

To make the HMO and HDHP/HSA plans comparable, the employer could fund the entire $3,550/$7,100 contribution to the HSA.
by bacon4retirement
Tue Oct 20, 2020 4:31 am
Forum: Personal Investments
Topic: How to evaluate new HSA plan?
Replies: 8
Views: 657

Re: How to evaluate new HSA plan?

Before I switched to an HSA plan, I downloaded several years of billing data for my old plan and evaluated what my costs would have been on the HSA plan assuming all expenses were reimbursed in year they occured. In addition, I looked at several other data points: 1) zero medical spending 2) medical...
by bacon4retirement
Sat Oct 17, 2020 6:21 pm
Forum: Personal Consumer Issues
Topic: Pumpkin Carving Tools
Replies: 11
Views: 887

Re: Pumpkin Carving Tools

Bogle7 wrote: Sun Oct 11, 2020 1:12 pm Also bought a Pumpkin Masters kit years ago. Works well.
+1

A pumpkin carving saw feels dull against fingers, but cuts through pumpkin with amazing ease. This was a super amazing dollar store purchase!
by bacon4retirement
Sat Oct 17, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: Consolidated view of married couple's accounts at one broker
Replies: 7
Views: 953

Re: Consolidated view of married couple's accounts at one broker

At both Schwab and Vanguard I can see a consolidated view of my spouse's brokerage accounts via the authorized user feature, but I cannot see the employer specific 401k account or the RSU account.
by bacon4retirement
Sat Oct 17, 2020 12:56 am
Forum: Personal Finance (Not Investing)
Topic: Buying second house - dilemma
Replies: 46
Views: 5901

Re: Buying second house - dilemma

Low ongoing utility costs etc. as place is mostly off grid. 90% solar, and 10% propane generator. Not sure what mostly off-grid means, and whether this just electricity or heat as well. The total cost of utilities is often much higher for offgrid houses than a comparable on-grid house, otherwise we...
by bacon4retirement
Thu Sep 17, 2020 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Reimbursing mileage for HSA
Replies: 26
Views: 1465

Re: Reimbursing mileage for HSA

Home address and provider address is all I track. Mileage from google maps. I can’t imagine the IRS expecting anything more. 8-) Several years ago I had a trip reimbursement package rejected by an employer because my receipts included a Google Maps printouts showing how I calculated the mileage. Th...
by bacon4retirement
Thu Sep 17, 2020 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Reimbursing mileage for HSA
Replies: 26
Views: 1465

Re: Reimbursing mileage for HSA

Home address and provider address is all I track. Mileage from google maps. I can’t imagine the IRS expecting anything more. 8-) Several years ago I had a trip reimbursement package rejected by an employer because my receipts included a Google Maps printouts showing how I calculated the mileage. Th...
by bacon4retirement
Tue Sep 15, 2020 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Payable on Death (POD/TOD) for short term accounts
Replies: 7
Views: 659

Re: Payable on Death (POD/TOD) for short term accounts

It depends on your estate plan. Would those beneficiaries be any different than what your will states? Are their other POD funds that the beneficiary can use while awaiting probate, if needed? Yes, the beneficiaries would be the same as the will. Yes, either spouse can ride through a multi-year pro...
by bacon4retirement
Tue Sep 15, 2020 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Payable on Death (POD/TOD) for short term accounts
Replies: 7
Views: 659

Re: Payable on Death (POD/TOD) for short term accounts

Any account where this is available should be completed. I am in NC and my wife opened an account and failed to do this exact thing. When she passed I was fortunate that NC has a statute that allows up to $60,000 to be transferred to a spouse in assets (accounts, vehicles, etc.) without going throu...
by bacon4retirement
Mon Sep 14, 2020 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Payable on Death (POD/TOD) for short term accounts
Replies: 7
Views: 659

Payable on Death (POD/TOD) for short term accounts

For short term accounts like CD's, is it worth designating Payable on Death (POD/TOD) beneficiariaries? Several providers including ICMA and USAA required I mail in paper forms to set this up. Although other institutions make available to do online, it is still a pain to figure out each website. DW ...
by bacon4retirement
Sat Aug 29, 2020 2:18 pm
Forum: Personal Consumer Issues
Topic: Vitamix Worth It?
Replies: 157
Views: 21280

Re: Vitamix Worth It?

I am puzzled that others say the vitamix is easy to clean. I found that little bits of juice managed to get under all of the seal. In the live demos the sales person just runs the blender with a bit of soapy water, but I found I had to take it further apart to actually get it all the way clean. Per...
by bacon4retirement
Mon Aug 24, 2020 12:23 am
Forum: Personal Consumer Issues
Topic: Vitamix Worth It?
Replies: 157
Views: 21280

Re: Vitamix Worth It?

I am puzzled that others say the vitamix is easy to clean. I found that little bits of juice managed to get under all of the seal. In the live demos the sales person just runs the blender with a bit of soapy water, but I found I had to take it further apart to actually get it all the way clean. Per...
by bacon4retirement
Fri Aug 21, 2020 11:56 pm
Forum: Personal Consumer Issues
Topic: Vitamix Worth It?
Replies: 157
Views: 21280

Re: Vitamix Worth It?

I am puzzled that others say the vitamix is easy to clean. I found that little bits of juice managed to get under all of the seal. In the live demos the sales person just runs the blender with a bit of soapy water, but I found I had to take it further apart to actually get it all the way clean. Perh...
by bacon4retirement
Sat Aug 15, 2020 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Lawyers - How much does it cost to write a prenup contract?
Replies: 48
Views: 6106

Re: Lawyers - How much does it cost to write a prenup contract?

My partner and I went through the NOLO template, and found that default WA divorce law seemed pretty reasonable for our situation as a first time marriage, no kids, and modest assets equitably distributed between us. We ended up drafting a super basic NOLO contract specifying, with the only slightly...
by bacon4retirement
Sat Aug 15, 2020 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Did any inheritance make positive effect on your life?
Replies: 229
Views: 19404

Re: Did any inheritance make positive effect on your life?

Various inheritances my parents received provided seed money to buy a home, start a business, as well as allowed them to send me to private school. Although I have received additional inheritance/living wealth transfers as an adult, the early effects of a better child have allowed me find a job that...
by bacon4retirement
Sat Aug 15, 2020 1:43 pm
Forum: Personal Investments
Topic: $20,000 windfall- Help!
Replies: 71
Views: 5327

Re: $20,000 windfall- Help!

I would consider unexpected money identically to expected money. The both go to my overall net worth, and then I would consider doing A, B, and/or C based on overall net worth and expected future income streams.
by bacon4retirement
Thu Jul 30, 2020 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard/Yodlee for Aggregation
Replies: 55
Views: 4312

Re: Vanguard/Yodlee for Aggregation

If websites offer an option for trusted user view only access, you may be able to use a 3rd party aggregator using a view only login. For example, I have a totally empty Schwab account I created just so I could view my partner's Schwab accounts for aggregation. Not all institutions provide this opti...
by bacon4retirement
Thu Jul 30, 2020 12:51 pm
Forum: Personal Investments
Topic: Help me manage my 85-year old MIL's money
Replies: 12
Views: 2129

Re: Help me manage my 85-year old MIL's money

privateID wrote: Mon Jul 27, 2020 12:27 pm One idea I was wondering about was perhaps not cashing in EE bonds when they mature.
Tax is due on EE bonds the year they mature.
by bacon4retirement
Tue Jul 14, 2020 12:44 am
Forum: Personal Consumer Issues
Topic: TPMS(tire pressure monitoring system) lifespan
Replies: 96
Views: 6202

Re: TPMS(tire pressure monitoring system) lifespan

TPMS systems do not monitor for correct tire pressure, they monitor for catastrophically low tire pressure. Even with TPMS, tire pressure still needs to be checked regularly to be at optimal performance. Wrong. Many GM cars do display the actual pressure of each tire. Tire pressure can be checked w...
by bacon4retirement
Fri Jul 10, 2020 9:53 pm
Forum: Personal Consumer Issues
Topic: TPMS(tire pressure monitoring system) lifespan
Replies: 96
Views: 6202

Re: TPMS(tire pressure monitoring system) lifespan

TPMS systems do not monitor for correct tire pressure, they monitor for catastrophically low tire pressure. Even with TPMS, tire pressure still needs to be checked regularly to be at optimal performance. The first one on my Toyota failed in less that 5 years, the next two failed at about 9 years. Th...
by bacon4retirement
Thu Jul 09, 2020 6:04 pm
Forum: Investing - Theory, News & General
Topic: "Are You Questioning Your Foreign Stock Funds?"
Replies: 55
Views: 6299

Re: "Are You Questioning Your Foreign Stock Funds?"

I had a modest allocation to international (VTIAX, Vanguard Total International) in my taxable account which was annoying at tax time (high dividend payouts increased my AGI, and a good chunk were nonqualified, and the foreign tax credit was annoying to manage to keep it below the $300 threshold.) ...
by bacon4retirement
Mon Jun 29, 2020 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: [Wiki - Update to HSA]
Replies: 7
Views: 205

Re: Update to HSA wiki

Would it be reasonable to update the wiki Updates or suggestions for the wiki should be posted in this thread. https://www.bogleheads.org/forum/viewtopic.php?t=18149 Regards, Oh, I'll post there in the future. I also now see the sticky in the local chapters forum about joining the wiki team.
by bacon4retirement
Mon Jun 29, 2020 12:04 am
Forum: Personal Finance (Not Investing)
Topic: [Wiki - Update to HSA]
Replies: 7
Views: 205

[Wiki - Update to HSA]

[Merged into the ongoing topic -- moderator oldcomputerguy] [Moved into a new thread from: Suggestions for the Wiki --admin LadyGeek] Would it be reasonable to update the wiki to more clearly state that HSAs used for investment holdings are similar to a Roth account rather than a traditional retire...
by bacon4retirement
Sat Jun 27, 2020 10:37 pm
Forum: Investing - Theory, News & General
Topic: Asymmetric risk in the Roth vs Traditional question
Replies: 306
Views: 14713

Re: Asymmetric risk in the Roth vs Traditional question

The comments as applied to just 401(k) accounts makes sense, but it seems like there are additional risks for IRA accounts. Some comments mention both 401(k) and IRA, so apologies if the original post applied to only 401(k). 1)If someone contributes early in their career to a TIRA, then their income...
by bacon4retirement
Sat Jun 27, 2020 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide HDHP with or without employer $s to HSA
Replies: 8
Views: 532

Re: Help me decide HDHP with or without employer $s to HSA

Plan A has a small savings if you have less than $1900 in expenses and a much large cost if medical expenses exceed $1900. If I understood your plan correctly, the table below showing Plan A might save a max of $260 and Plan B might save a max of $1740. It surprisingly easy to exceed $1900 in medica...
by bacon4retirement
Fri Jun 19, 2020 11:48 pm
Forum: Personal Investments
Topic: Portfolio review! A Betterment to Vanguard switcher with mostly taxable.
Replies: 22
Views: 3032

Re: Simplifying a portfolio in this downturn?

Tax efficiency. At $3K/yr, it would require many years to sell SCHB by using up the carryover loss. The carryover loss would also be wasted if used to offset SCHB LTCGs (lower tax rate applies), instead of ordinary income (higher tax rate applies). I thought carryover capital losses were first appl...
by bacon4retirement
Fri Jun 19, 2020 11:30 pm
Forum: Personal Investments
Topic: 22yo saving up for first downpayment on a house
Replies: 8
Views: 834

Re: 22yo saving up for first downpayment on a house

I spent about 15 years being 2-5 years from buying a house. Wish I had invested in equities instead of staying in shorter term CDs the whole time. You can always keep renting a bit longer if the market is down when you go to buy a house.
by bacon4retirement
Wed Jun 17, 2020 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Would you rent your house to a famous athlete?
Replies: 104
Views: 8215

Re: Would you rent your house to a famous athlete?

Seems like doing a background check on a famous athlete to discover a history of trashing places is going to be more fruitful than a background check on a typical renter.
by bacon4retirement
Tue Jun 16, 2020 11:51 pm
Forum: Personal Investments
Topic: Dump 40 year old whole life policy?
Replies: 20
Views: 2066

Re: Dump 40 year old whole life policy?

+1, 10k would not move the needle for me. I would worry some insurance sales rep would try to talk my spouse into rolling it over into some product that would be way worse than the upside benefit. Oh! I had not considered the danger of a sales rep talking my spouse into something. I would not worry...
by bacon4retirement
Tue Jun 16, 2020 11:35 pm
Forum: Personal Investments
Topic: Dump 40 year old whole life policy?
Replies: 20
Views: 2066

Re: Dump 40 year old whole life policy?

I could roll it over into an annuity and keep there for year to turn the ordinary income into capital gains, but that seems like too much hassle to save $500 in taxes. I don’t believe that you’ll get capital gains treatment on an annuity. Oh, now I see the 1035 exchange process can turn Whole Life ...
by bacon4retirement
Tue Jun 16, 2020 12:04 am
Forum: Personal Investments
Topic: Dump 40 year old whole life policy?
Replies: 20
Views: 2066

Re: Dump 40 year old whole life policy?

2) how do you get those gains out now, assuming you actually want to spend those paper gains? I assumed I would receive $4483 taxfree, and pay ordinary 24% tax on the remaining 6096, giving me an after tax amount of $9116. Is there some other fee I am missing? I could roll it over into an annuity a...
by bacon4retirement
Sun Jun 14, 2020 9:13 pm
Forum: Personal Investments
Topic: Dump 40 year old whole life policy?
Replies: 20
Views: 2066

Dump 40 year old whole life policy?

I have a 40 year old NWM whole life policy and am trying to calculate the returns compared to cashing out the policy. Are my calculations below a fair evaluation? It looks like policy returns between 2.4% and 5.3% if I correctly accounted for everything relevant. Relevant details: -Policy has a cost...
by bacon4retirement
Sat Jun 13, 2020 12:44 pm
Forum: Investing - Theory, News & General
Topic: Thinking of closing out my Vanguard Account
Replies: 55
Views: 6839

Re: Thinking of closing out my Vanguard Account

Before transferring everything, have you tried using Schwab's website? I had planned to consolidate all of my DW's accounts at Schwab since her employer stock options flow through Schwab. After struggling with multiple issues on Schwab site, we decided to instead avoid Schwab as much as possible.
by bacon4retirement
Sun Jun 07, 2020 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Budget Advice to buy a new house?
Replies: 16
Views: 1626

Re: Budget Advice to buy a new house?

I tried tracking spending and could never be consistent about it for a long enough period. Then I found out my Chase card posts an annual summary to their web portal. Now the annual budget checkup is just downloading the credit card report and the checking account statements. Although cash spending ...
by bacon4retirement
Sun Jun 07, 2020 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: automating monthly payments to individuals?
Replies: 8
Views: 907

Re: automating monthly payments to individuals?

I pay my rent by having billpay send a check to my landlord's bank with the account number in the memo field.
by bacon4retirement
Sat May 30, 2020 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: COVID-19 and auto insurance
Replies: 9
Views: 1417

Re: COVID-19 and auto insurance

USAA had posted two small dividends to my account over the last two months. I just called and adjusted my annual milage on one car and it saved about the same as their dividend. Since we won't need a second car again for at least 30 days, I put the second car on a storage rate and reduced the premiu...
by bacon4retirement
Thu May 21, 2020 9:02 pm
Forum: Personal Investments
Topic: Appropriate rate of AA adjustment
Replies: 8
Views: 590

Appropriate rate of AA adjustment

How large of shift in AA is appropriate to do within a single year? I picked some mutual funds straight out of college, and had not adjusted much in the intervening 15 years. Thanks to spare time at home due to Covid-19, I finally have had time to learn more about investing and AA. My spouse and I c...
by bacon4retirement
Sat May 16, 2020 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Renter's Insurance
Replies: 8
Views: 553

Re: Renter's Insurance

Make sure you know whether you are getting Actual Cash Value vs Replacement Cost. The actual cash value for many belongings is pretty close to zero.
I have had USAA renters insurance for many years.
by bacon4retirement
Sat May 09, 2020 4:53 pm
Forum: Investing - Theory, News & General
Topic: Price hit for liquidating brokered CDs
Replies: 5
Views: 701

Re: Price hit for liquidating brokered CDs

Oh, search the forum is way better than a regular google search. Some other threads mentioned a 1-2% bid/ask spread, so it looks like I just have an extreme case of 2.3%. When I checked the prices to buy a secondary cd, the comparable ones were all over 100.
by bacon4retirement
Fri May 08, 2020 6:57 pm
Forum: Personal Consumer Issues
Topic: Does keeping ice packs in fridge save energy?
Replies: 27
Views: 2911

Re: Does keeping ice packs in fridge save energy?

No energy savings from shuffling ice packs at random times, and in fact, an energy loss by opening the door for a longer period. However, you might be able to save money by swapping the ice packs at the right times. If your utility has a time-of-use electricity rate, your power might cost much less ...
by bacon4retirement
Fri May 08, 2020 2:37 pm
Forum: Investing - Theory, News & General
Topic: Price hit for liquidating brokered CDs
Replies: 5
Views: 701

Price hit for liquidating brokered CDs

How much of price hit is usual for selling a brokered CD? Brokered seem much easier to acquire than bank CDs, but I am confused about the costs if I need to liquidate it early. As a test about a month ago I purchased a single $1000 3 month CD at 0.9% APY. Now Fidelity says the best price for liquida...
by bacon4retirement
Thu Apr 30, 2020 12:00 am
Forum: Investing - Theory, News & General
Topic: Best way to transfer money between Vanguard, Fidelity, and Schwab
Replies: 5
Views: 651

Best way to transfer money between Vanguard, Fidelity, and Schwab

Is there an easy way to to set up transfers between Vanguard, Fidelity and/or Schwab? It seems like larger than necessary hassle to move money from the settlement account at one firm, through my checking account, and then to the settlement account at the other firm. Between my partner and I we have ...
by bacon4retirement
Sun Apr 19, 2020 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Traditional_versus_Roth wiki example
Replies: 2
Views: 173

Traditional_versus_Roth wiki example

In the quote below from the wiki article on Roth vs Tradition retirement accounts, the first sentence says the Roth is better whereas the second sentence says the traditional retains an advantage. Does the second sentence need revising? Can someone with edit privileges please update the wiki page? F...