Search found 1801 matches

by Carl53
Fri Aug 23, 2019 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Access to Pension Before 59.5
Replies: 2
Views: 379

Re: Access to Pension Before 59.5

Pensions can be started at any time without tax penalty. The earlier you take them, they are often reduced unless you have met a criteria of age and years of service. At my company before the pension was frozen, if the sum of age and years of service was 85 or greater the pension was no longer reduc...
by Carl53
Thu Aug 22, 2019 3:48 am
Forum: Non-US Chapters
Topic: Any Bogleheads from Romania
Replies: 3
Views: 222

Re: Any Bogleheads in Romania

Mindhacker wrote:
Thu Aug 22, 2019 3:34 am
Looking for fellow members from Romania.
Welcome to Bogleheads.

You might want to edit your post using the pencil icon to match up title "in Romania" with "from Romania" in your post.
by Carl53
Tue Aug 13, 2019 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Lump sum payment question
Replies: 5
Views: 365

Re: Lump sum payment question

I'm a little surprised that I'm coming out on the side of pay off the student loan. PMI, is horrible, but putting $7k on the student loan (make sure you tell them to apply it to the principal, not the next 45 or so payments), ought to save you perhaps $1800 interest payments with you finish paying i...
by Carl53
Sun Aug 11, 2019 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: SS: Restricted Application Strategy & the WEP
Replies: 7
Views: 660

Re: SS: Restricted Application Strategy & the WEP

Thank you, Carl53, for your input. I tried Mike P's calculator on his website (and have been hoping he will chime in!), and it suggested the following strategy: - my dad suspends his retirement benefit at his full retirement age (9/2019) - my mom suspends her retirement benefit at full retirement a...
by Carl53
Sun Aug 11, 2019 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Claiming
Replies: 13
Views: 1228

Re: Social Security Claiming

We successfully filed online for my spouse pre-65 with me as restricted spousal the same month earlier this year. Received an odd email or two as well as a confirmation phone call. In the end it all worked out. As I previously was paying Medicare quarterly by check, the first SS check had Medicare d...
by Carl53
Sun Aug 11, 2019 6:27 am
Forum: Personal Finance (Not Investing)
Topic: SS: Restricted Application Strategy & the WEP
Replies: 7
Views: 660

Re: SS: Restricted Application Strategy & the WEP

This clip is from an old thread has some relevant links. Sorry if the quotes by the individuals got messed up in my copying it. My read on it is that since he has applied he is entitled to own benefits, and then as such not eligible to apply for spousal that is less than his own. Perhaps Mike P will...
by Carl53
Sat Aug 10, 2019 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion Conundrum
Replies: 53
Views: 3776

Re: Roth Conversion Conundrum

Several very good suggestions thus far, particularly celia's regarding potentially recharacterization. Try to look at your taxes for this year and next using tax software (last years if you have it) to set up dummy new returns simulating your reduced income but filing MFJ this year and likely Head o...
by Carl53
Wed Aug 07, 2019 3:33 am
Forum: Personal Finance (Not Investing)
Topic: Can I run TurboTax 2018 without updating?!
Replies: 17
Views: 1089

Re: Can I run TurboTax 2018 without updating?!

I tried disconnecting from the internet and booting up. Got messages to connect to internet which I ignored. To get passed the screen to update, I picked update thinking it would not do anything, but apparently TT had previously downloaded some updates (occasionally see Intuit Update service in my R...
by Carl53
Tue Aug 06, 2019 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Can I run TurboTax 2018 without updating?!
Replies: 17
Views: 1089

Re: Can I run TurboTax 2018 without updating?!

Have you done this recently? Today, when I try to run the version of TT 2018 that I used to file my return, I am not given an option to continue without updating. The popup just says "Let's Install These Updates." I can either select Update or close the popup. I had a loooong discussion with TT sup...
by Carl53
Tue Aug 06, 2019 5:59 pm
Forum: Personal Consumer Issues
Topic: Best gutter guards for pine needles
Replies: 5
Views: 590

Best gutter guards for pine needles

I've reviewed other threads on gutter guards, but am seeking specific advice on dealing with pine needles as I have several very large spruce and pine trees near my home. I installed some gutter guards that came in three foot sections with holes about the size of a pencil eraser. While those seem to...
by Carl53
Sat Aug 03, 2019 2:31 pm
Forum: Personal Consumer Issues
Topic: Australia Trip - 2021
Replies: 25
Views: 1612

Re: Australia Trip - 2021

We have made three trips to Oz for nearly a total of 3 months. We almost did Darwin the last visit but chose Uluru preceded by several nights on an old movie set twenty miles outside of Alice Springs. Be sure to have a rental vehicle so that you are not limited to the tours and tourist sites. They a...
by Carl53
Fri Aug 02, 2019 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide to refinance my home
Replies: 3
Views: 335

Re: Help me decide to refinance my home

Would an increase in payment of a few hundred per month be a problem? Is your job/income solid? Would the $43k paydown required for the conventional loan greatly reduce your liquid assets and can you rebuild in a short period if it does? If the answers to these is no, I definitely would look to the ...
by Carl53
Thu Aug 01, 2019 11:42 am
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 336
Views: 35997

Re: "Open Social Security" calculator: feature requests, bug reports, etc

We recently filed for SS. My spouse for reduced early benefits and myself filing for restricted spousal. Data entered in OpenSS and got expected results. We received benefits the next month as expected. Today, I tried entering data into the calculator with my spouses data entered first, stating that...
by Carl53
Wed Jul 24, 2019 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about above the line AGI deductions...
Replies: 12
Views: 857

Re: Confused about above the line AGI deductions...

A couple of observations: Medicare and I believe SS w/h is calculated on the top line numbers before any payroll deductions, not what you show as AGI, unless in your case you are over the SS limit. So your Medicare numbers are low. Your income as a couple is over $250k. I believe there exist Additio...
by Carl53
Sun Jul 21, 2019 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: SS benefit discrepancy
Replies: 14
Views: 1605

Re: SS benefit discrepancy

So since SSA should have had the data (W2) by the time the checks began (May), can we expect them to update the amount, or would we need to request? Seems like there must be millions of folks that claim each year, do those that have claimed typically get retroactive payments if they have worked in ...
by Carl53
Sun Jul 21, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: SS benefit discrepancy
Replies: 14
Views: 1605

Re: SS benefit discrepancy

Per W-2 and W-3 filing instructions: "Send this entire page with the entire Copy A page of Form(s) W-2 to the Social Security Administration (SSA)." In other words, the SSA gets all the W-2's first and the IRS gets the hand me down. Yes, the SSA does get it first--and the SSA has to do quite a bit ...
by Carl53
Sat Jul 20, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: SS benefit discrepancy
Replies: 14
Views: 1605

SS benefit discrepancy

My spouse recently initiated SS benefits at age 62. The benefit received was $600/month. I had created a spreadsheet containing the information on how to calculate benefits based on http://www.ssa.gov/pubs/EN-05-10070.pdf. Using the information in EN-05-10070 for those turning 62 in 2019, including ...
by Carl53
Mon Jul 15, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: How to Safely Share User IDs / Passwords with Spouse
Replies: 79
Views: 6215

Re: How to Safely Share User IDs / Passwords with Spouse

I just keep a password protected spreadsheet with a recent hardcopy in the safe deposit box. While spouse and I have full agent authorization status at Vanguard, other financial institutions other than one credit union are set up in my name only. IMHO most financial institutions make it too big of a...
by Carl53
Sat Jun 29, 2019 4:28 am
Forum: Personal Investments
Topic: IRA Bank Draft Contributions Stopped
Replies: 5
Views: 543

Re: IRA Bank Draft Contributions Stopped

Welcome to the forum. Glad that your health issues have resolved that you are still with us.

Unfortunately sometimes we overlook things. It would be good for you as a couple to jointly go over your finances at least annually.
by Carl53
Sun Jun 23, 2019 9:00 pm
Forum: Personal Investments
Topic: Semi-Early Retirees: 401K to Roth IRA Conversions (Should I or Shouldn't I?)
Replies: 29
Views: 3676

Re: Semi-Early Retirees: 401K to Roth IRA Conversions (Should I or Shouldn't I?)

Total Conversion seems doable. Wise? If you become subject to major medical expenses later in life, having them be paid for with deductible pretax funds might prove beneficial. Another consideration is whether you make charitable donations. If so, retaining some in a pretax IRA (would need to create...
by Carl53
Tue Jun 18, 2019 1:10 pm
Forum: Personal Investments
Topic: Pension Lump Sum amount drops after age 65
Replies: 20
Views: 1345

Re: Pension Lump Sum amount drops after age 65

I get that the lump sum might start to drop as one ages due to shortened life expectancy. What I don't understand is that your monthly payout choice also declines with presumably more years of service. You are still working, right? Is there any freeze on the pension or have there been any major chan...
by Carl53
Mon Jun 17, 2019 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Looking for help with my parents' finances - dad's death, RMDs, social security
Replies: 35
Views: 3083

Re: Looking for help with my parents finances - dads death, RMD’s, social security

I suggest not starting SS just yet, but call them first to collect some information. Since your dad was collecting disabililty, that amount is likely different from what his own SS would be at his own Full Retirement Age (FRA). His FRA would be 66 and hers is 66, 4 months, based on their birth year...
by Carl53
Mon Jun 17, 2019 5:47 am
Forum: Personal Consumer Issues
Topic: how is Home Depot's contractor service (for a water heater)?
Replies: 53
Views: 4348

Re: how is Home Depot's contractor service (for a water heater)?

Had my 6 year old gas water heater replaced by HD without issue for less money than plumber installed prior unit. Out of curiosity, why did you replace it so soon? We have an 11 year-old gas water heater that needed a valve replaced last year, and the plumber said it should be good for at least ano...
by Carl53
Sun Jun 16, 2019 1:04 pm
Forum: Personal Consumer Issues
Topic: how is Home Depot's contractor service (for a water heater)?
Replies: 53
Views: 4348

Re: how is Home Depot's contractor service (for a water heater)?

Had my 6 year old gas water heater replaced by HD without issue for less money than plumber installed prior unit.
by Carl53
Sun Jun 16, 2019 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: ....Start SS at December of FRA?
Replies: 12
Views: 1326

Re: ....Start SS at December of FRA?

I may have misread your original post, but it appears to me that you are FRA mid year this year. If so you were born prior to 1/1/54 and are eligible to file a restricted spousal application as long as your spouse files for their own to begin at the same date or earlier. Opensocialsecurity.com can s...
by Carl53
Sat Jun 15, 2019 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: ....Start SS at December of FRA?
Replies: 12
Views: 1326

Re: ....Start SS at December of FRA?

Watty as I said, the PIA for spouse is just slightly higher and anticipate delaying to 70 for it (subject to health considerations etc.) already expected SS to have no state tax effects, just Fed with expected 85% taxable (even before RMD's)... we've already done "tax gain harvesting" and taken som...
by Carl53
Sat Jun 15, 2019 3:53 pm
Forum: Personal Consumer Issues
Topic: E150 door handle fix
Replies: 2
Views: 276

Re: E150 door handle fix

My E150 van has an outside door handle that does not open the door. The inside door handle does work, as well the auto-door lock mechanism moves the physical door lock tab up and down. This seems as though a cable or some type connection to the door opening hardware to the outside door handle is br...
by Carl53
Fri Jun 14, 2019 7:58 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1122
Views: 162878

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Every review I've read puts the CRV #1 over it's competitors and it doesn't surprise me a bit. You apparently missed this important one... https://www.caranddriver.com/features/a25603385/10best-trucks-suvs-2019/ Why is it more important than this one or all the others? https://www.motortrend.com/ca...
by Carl53
Fri Jun 14, 2019 7:22 am
Forum: Personal Consumer Issues
Topic: The Upper Peninsula (UP) in August....What to do, Where to stay?
Replies: 36
Views: 2847

Re: The Upper Peninsula (UP) in August....What to do, Where to stay?

Pictured Rocks Lakeshore is definitely worth a visit. You can take a tour boat to see them best as well as hike along the shore for different vistas. We did a week plus several years ago hiking into a number of UP water falls that was quite the experience, although I expect the water flow might be l...
by Carl53
Fri Jun 14, 2019 5:08 am
Forum: Personal Finance (Not Investing)
Topic: 401K / tIRA conversions to Roth -help with guidance
Replies: 2
Views: 335

Re: 401K / tIRA conversions to Roth -help with guidance

Check out the RPM. https://www.bogleheads.org/forum/viewtopic.php?f=2&t=97352&newpost=4593072 Just glancing at your numbers it appears that you will likely burn through much or all of your taxable funds while in your 60s. I doubt that you will be in greater than the 12/15% bracket once your RMDs kic...
by Carl53
Thu May 30, 2019 7:25 am
Forum: Personal Consumer Issues
Topic: Double ovens, please advise on these options, have gone through 2 ovens in under 10 years.!
Replies: 49
Views: 3263

Re: Double ovens, please advise on these options, have gone through 2 ovens in under 10 years.!

Our home has a GE double oven. Installed new 44 years ago. No electronics. Works fine although we have not used the self cleaning in the 30 years we've been here. Use one of those oven safe mats on the bottom to catch drips. I've replaced a door gasket and one of the heating elements. Changed the av...
by Carl53
Wed May 15, 2019 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Can wife Top off her Social Security benefits?
Replies: 33
Views: 4232

Re: Can wife Top off her Social Security benefits?

It was a great idea to call SSA. I called my local SSA office. She seemed to understand exactly what I was asking and said that it is a common issue that they deal with all the time. She said that when wife files for spousal after her FRA, at that time, they take what she is making and top it off t...
by Carl53
Wed May 15, 2019 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Concerned about getting laid off
Replies: 47
Views: 4903

Re: Concerned about getting laid off

I would suggest that you tighten your belt and boost your savings. I survived several decades of major layoffs, so it is not a foregone conclusion that you will lose your position. During one of the first layoff rounds I did some interviewing including one cross country visit. I got an offer minimal...
by Carl53
Wed May 15, 2019 5:24 am
Forum: Personal Finance (Not Investing)
Topic: Can wife Top off her Social Security benefits?
Replies: 33
Views: 4232

Re: Can wife Top off her Social Security benefits?

For some expert advice on the topic, I suggest you use the search box for 'social security spouse sscritic'. Here is one such link from 10 years ago. He notes that of several instances that the SSA rep giving bad advice as well as providing a wealth of knowledge. https://www.bogleheads.org/forum/vie...
by Carl53
Tue May 14, 2019 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Can wife Top off her Social Security benefits?
Replies: 33
Views: 4232

Re: Can wife Top off her Social Security benefits?

Here is the official link https://secure.ssa.gov/poms.nsf/lnx/0300615020#a I need to make a correction to David Jay's calculation. He forgot to reduce the wife's benefit by 27.5%, the early claiming penalty. This penalty applies to both her own benefit and her wife's benefit. So, here we go: 750-41...
by Carl53
Sun May 12, 2019 4:33 am
Forum: Personal Finance (Not Investing)
Topic: Can wife Top off her Social Security benefits?
Replies: 33
Views: 4232

Re: Can wife Top off her Social Security benefits?

Here is the formula: If you file at Full Retirement Age (FRA) and collect a benefit of $1500, she will receive: 1. Personal benefit of $300 continues. This is reduction of $144 from her FRA benefit for filing early (this is required information for step 2). 2. She will receive a spousal of $1500/2 ...
by Carl53
Sat May 11, 2019 10:04 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1122
Views: 162878

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

CULater: Is the stress, anxiety, anger, etc that you have been feeling for a long time due to this car worth the $8k or whatever you're trying to save here? I'm honestly puzzled why you still have it. What's the point of being a Boglehead if you can't even spend a bit of money to get rid of some mi...
by Carl53
Sat May 11, 2019 9:54 am
Forum: Personal Investments
Topic: Evaluating Pension Options
Replies: 16
Views: 773

Re: Evaluating Pension Options

When I retired my HR group provided several pension benefit reports detailing how each would be paid out including a present worth analysis of each. I would ask them for whatever they may be able to provide you. They will need your estimated retirement date and date at which you want the benefits to...
by Carl53
Fri May 10, 2019 1:02 pm
Forum: Personal Consumer Issues
Topic: grubs and skunks
Replies: 17
Views: 1610

Re: grubs and skunks

Some years ago I used Grubex a few seasons. I still had moles but it sure got rid of the earthworms. After trying several different mole traps, I've used this type with fairly good success. https://www.lehmans.com/product/mole-trap?gclid=Cj0KCQjwn8_mBRCLARIsAKxi0GKvcFuKYtBo39GxdRIRmDcGDUeSt47h5QWoC...
by Carl53
Thu May 09, 2019 5:27 pm
Forum: Personal Investments
Topic: 56 Retired, Just Widowed, Need $$ Overhaul Assistance Please
Replies: 18
Views: 4003

Re: 56 Retired, Just Widowed, Need $$ Overhaul Assistance Please

Sorry for your loss. As others have stated there is no need for any hasty moves. A few questions. 1. When did your spouse pass? If since the first of the year, you will be able to file as married jointly one more time. 2. You are apparently working. Will you also have a pension coming from your posi...
by Carl53
Thu May 09, 2019 7:44 am
Forum: Personal Consumer Issues
Topic: grubs and skunks
Replies: 17
Views: 1610

Re: grubs and skunks

Some years ago I used Grubex a few seasons. I still had moles but it sure got rid of the earthworms. After trying several different mole traps, I've used this type with fairly good success. https://www.lehmans.com/product/mole-trap?gclid=Cj0KCQjwn8_mBRCLARIsAKxi0GKvcFuKYtBo39GxdRIRmDcGDUeSt47h5QWoCD...
by Carl53
Fri May 03, 2019 7:41 am
Forum: Personal Consumer Issues
Topic: Anyone ever used a water damage restoration company to help file insurance claim?
Replies: 22
Views: 1303

Re: Anyone ever used a water damage restoration company to help file insurance claim?

My past experience with basement flooding, insurance and service pro was not one I want to go through again. Insurance limited claim to $5000. Service pro was recommended by insurance but could not start for a few days. They ended spending the whole amount and I had to throw out the carpet after the...
by Carl53
Fri Apr 26, 2019 1:38 pm
Forum: Personal Consumer Issues
Topic: Internet fees
Replies: 16
Views: 1430

Re: Internet fees

Our local library has several mobile WiFi boxes that they lend out. I know a foreign university student that has been able to use one for most of the past year. I believe she had to turn it in a few times and get it again soon thereafter. I think she also had some sort of data she bought or used uni...
by Carl53
Thu Apr 25, 2019 3:44 pm
Forum: Personal Investments
Topic: New and looking for Retirement suggestions
Replies: 17
Views: 2188

Re: New and looking for Retirement suggestions

mhadden has asked some very pertinent questions. Please edit your original post to show the total expense % for each of the funds that you have. You did not mention children, please confirm your status. Regarding the pension estimates, are those if you continued to work until a particular age and if...
by Carl53
Wed Apr 24, 2019 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Possible Divorce: Pension & Job Options
Replies: 47
Views: 5032

Re: Possible Divorce: Pension & Job Options

Be careful of what you post. Too many details may make your post identifiable to a future divorce attorney. You can edit your post using the ! that shows when you are logged in and open your previous post. As others have said, working on your marriage appears to be the best solution given the inform...
by Carl53
Sat Apr 20, 2019 11:08 am
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzle: Findings from a Recent Survey
Replies: 37
Views: 3148

Re: The Annuity Puzzle: Findings from a Recent Survey

Also, the limiting of annual inflation to 1 to 3% seems like a tremendous oversight.
by Carl53
Sat Apr 20, 2019 11:06 am
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzle: Findings from a Recent Survey
Replies: 37
Views: 3148

Re: The Annuity Puzzle: Findings from a Recent Survey

I am somewhat surprised that their average respondent completion time was 27 minutes. I went through the questions and was just a few minutes quicker than that. I could see respondents taking time to look up data from prior years to ascertain correct answers to things like what was your income level...
by Carl53
Fri Apr 19, 2019 3:44 pm
Forum: Personal Investments
Topic: Should I start doing Roth Conversions and if so
Replies: 89
Views: 6432

Re: Should I start doing Roth Conversions and if so

I do plan at age 70 1/2 to make direct contributions from an IRA up to $100,000 annually to Vanguard donor-advised fund. You possibly will be better served by making QCDs (qualified charitable distributions) with your RMDs of up to $100,000 annually. QCDs will come off the top of your income, while...
by Carl53
Wed Apr 17, 2019 4:55 pm
Forum: Personal Consumer Issues
Topic: Basement water issues
Replies: 37
Views: 3177

Re: Basement water issues

I had a little seepage on one wall at the basement floor a few years ago in a 40+ year old home that we have lived over 25 years. It had an interior basement tile along each wall installed by the original owners that emptied into a sump/sump pump. Convinced that that pipe had become plugged I plunke...