Search found 1779 matches

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: 21
Views: 1445

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: 42
Views: 2936

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: 42
Views: 2936

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: 1229

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: 1229

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: 253

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: 1098
Views: 153043

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: 2510

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: 315

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: 3102

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: 4131

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: 4763

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: 4131

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: 4131

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: 4131

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: 1098
Views: 153043

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: 736

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: 1516

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: 3932

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: 1516

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: 1120

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: 1379

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: 2139

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: 4896

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: 3039

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: 3039

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: 6263

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: 36
Views: 2698

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...
by Carl53
Wed Apr 17, 2019 11:44 am
Forum: Investing - Theory, News & General
Topic: Pension Govt vs a High match job with higher pay.
Replies: 16
Views: 1826

Re: Pension Govt vs a High match job with higher pay.

Does your current job pay into SS? Would your new one? If one does and the other does not, you may run afoul of WEP and GPO down the road. If you get 30 years under SS then there should be no reductions.
by Carl53
Wed Apr 17, 2019 6:24 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4514
Views: 1163818

Re: What Movie Have You Recently Watched?

Unplanned, rated R but IMHO should not have been.
by Carl53
Wed Apr 17, 2019 6:17 am
Forum: Personal Finance (Not Investing)
Topic: How to take advantage of unexpected 0%/Negative Federal space in a strange year of large credits
Replies: 19
Views: 893

Re: How to take advantage of unexpected 0%/Negative Federal space in a strange year of large credits

We each have a Trad and ROTH at Vanguard which are all previous company’s rolled over, and our current 401k’s. The traditional IRAs are what was meant as candidates for Roth conversion. Assuming they are ones will be taxed or even better if they only have only earnings that will be taxed. Convert s...
by Carl53
Tue Apr 16, 2019 9:33 am
Forum: Investing - Theory, News & General
Topic: TIPS yield curve inverted at short end
Replies: 164
Views: 14019

Re: TIPS yield curve inverted at short end

Based on this thread I bought $10k of the 4/15/19 TIPS back on 1/22/19 to try to gain a better understanding of what was going on. Price paid was $10,693.01 including accrued interest. The projected yield was in the 3-4% range at the time. Unfortunately I did not capture the exact value. Today, I se...
by Carl53
Sat Apr 13, 2019 4:38 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Tax Income Question
Replies: 12
Views: 703

Re: Roth IRA Tax Income Question

OP, be sure to fill out Form 8880, Retirement Savers Credit as part of your tax return. Sounds like a $400 tax credit awaiting you. If you can't meet the filing deadline you can file for an extension.
by Carl53
Tue Apr 09, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Social security question on how benefits are determined
Replies: 32
Views: 2248

Re: Social security question on how benefits are determined

Here is a SSA link to a page that has interesting examples of the impact of when you are born on similar work histories.

https://secure.ssa.gov/poms.nsf/lnx/0300615015
by Carl53
Tue Apr 09, 2019 3:17 pm
Forum: Personal Consumer Issues
Topic: Standalone Security Camera Recommendations
Replies: 6
Views: 637

Re: Standalone Security Camera Recommendations

I've had the blinkxt up three days. Got the three pack wireless cameras with base station (QVC for $189.99) that stores supposedly 14 days of normal recordings in the cloud for free. After that it deletes older recordings. So far my cameras are only using 1-2% of storage per day. Still adjusting/mov...
by Carl53
Tue Apr 09, 2019 11:47 am
Forum: Personal Consumer Issues
Topic: pool heat pump vs gas heater in northeast US
Replies: 15
Views: 669

Re: pool heat pump vs gas heater in northeast US

We've got a 40000 gallon inground pool in Ohio. Nearly 20 years ago once the kids were off to college I decided to get a natural gas heater. Natural gas had been available for two or three years. We typically now open the pool in mid-May and close in late September, give or take a couple of weeks. P...
by Carl53
Tue Apr 09, 2019 6:21 am
Forum: Personal Finance (Not Investing)
Topic: Costs, Pros, & Cons of CCRC - Continuing Care Retirement Communities - Aging in Place. Pitfalls?
Replies: 26
Views: 4509

Re: Costs, Pros, & Cons of CCRC - Continuing Care Retirement Communities - Aging in Place. Pitfalls?

Can you "try before you buy"? Do these CCRCs have guest apartments where seniors can pay to stay for a few days to a week to see if they might enjoy LIVING there? When we investigated one for my inlaws a few years ago, we were offered a few complimentary nights. We found it very nice and the food w...
by Carl53
Tue Apr 09, 2019 3:40 am
Forum: Personal Finance (Not Investing)
Topic: Costs, Pros, & Cons of CCRC - Continuing Care Retirement Communities - Aging in Place. Pitfalls?
Replies: 26
Views: 4509

Re: Costs, Pros, & Cons of CCRC - Continuing Care Retirement Communities - Aging in Place. Pitfalls?

Can you "try before you buy"? Do these CCRCs have guest apartments where seniors can pay to stay for a few days to a week to see if they might enjoy LIVING there? When we investigated one for my inlaws a few years ago, we were offered a few complimentary nights. We found it very nice and the food w...
by Carl53
Sun Apr 07, 2019 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Social security question on how benefits are determined
Replies: 32
Views: 2248

Re: Social security question on how benefits are determined

There's something wrong with your 2017 numbers. SS benefits never decrease year to year... The numbers are from a SSA webpage. Look at what the maximum benefits for someone starting SSA at 62 in 2018, what they get a year later and what someone getting their initial age 62 benefits in 2019 were, 21...
by Carl53
Sat Apr 06, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion to Bracket Top While Working?
Replies: 5
Views: 530

Re: Roth Conversion to Bracket Top While Working?

We've generally been converting to the top of the 15% and now 12% brackets for nearly a decade, with some years making conversions of $50k or more. 401k/TIRA accounts have still grown somewhat larger than they were prior to conversions, but way less than they would have been. Pension and looming age...
by Carl53
Sat Apr 06, 2019 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security reply
Replies: 28
Views: 4186

Re: Social Security reply

This morning I logged into my checking account and saw a deposit of $271 in my name from SS. As noted in prior post above, I had applied for restricted spousal benefits and had paid my quarterly Medicare B premium a few weeks ago. So it appears to be a refund of two months worth of Medicare B premi...
by Carl53
Fri Apr 05, 2019 9:57 am
Forum: Personal Finance (Not Investing)
Topic: SS Restricted application
Replies: 6
Views: 460

Re: SS Restricted application

Likely, but it might impact your ability to convert to Roths and stay within a tax bracket. We just did this, but I did my own spreadsheet evaluation of our finances. We have been doing conversions burning up our taxable resources. We have a little more left about 10 years in than we planned, but no...
by Carl53
Tue Apr 02, 2019 4:50 am
Forum: Personal Finance (Not Investing)
Topic: Can one make Roth IRA contributions without having earned income?
Replies: 24
Views: 2067

Re: Can one make Roth IRA contributions without having earned income?

Another quirky tax situation that may benefit you is trying to utilize the Retirement Saver's Credit, Form 8880. Have your wife start a Roth for both of you based on her earnings, putting up to $2k (you can put more but that is all that will count) into each account, and get a tax credit. Depending ...
by Carl53
Mon Apr 01, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security reply
Replies: 28
Views: 4186

Re: Social Security reply

This morning I logged into my checking account and saw a deposit of $271 in my name from SS. As noted in prior post above, I had applied for restricted spousal benefits and had paid my quarterly Medicare B premium a few weeks ago. So it appears to be a refund of two months worth of Medicare B premiu...
by Carl53
Sun Mar 31, 2019 8:06 am
Forum: Personal Investments
Topic: Roth Conversion Question regarding Retirement Savings Credit
Replies: 8
Views: 1279

Re: Roth Conversion Question regarding Retirement Savings Credit

It looks like this is still true for tax year 2018 https://taxmap.irs.gov/taxmap/pubs/p571-025.htm, but some reassurance would be appreciated. In other words, if one meets the over 18, not student, not dependent and income requirements, can one contribute to a traditional IRA; then within 60 d conv...
by Carl53
Wed Mar 27, 2019 7:28 pm
Forum: Personal Investments
Topic: The IRA Lightbulb just went on
Replies: 28
Views: 3919

Re: The IRA Lightbulb just went on

Thanks to all of you who replied. Very helpful advice and comments! To clarify, in addition to cap gain distributions, there were qualified dividends. Sanity check needed. If I sell all the funds within my traditional IRA, there will be no tax events or consequences, correct? Also, what ever types ...
by Carl53
Wed Mar 27, 2019 12:12 pm
Forum: Personal Consumer Issues
Topic: Moisture in Basement and House
Replies: 17
Views: 1204

Re: Moisture in Basement and House

Hello, I had an individual do mold control for our unfinished basement. He cut out the bottom half of our wall, put in new insulation and then sealed it. Unfortunately, he did a terrible job and things in my basement are getting ruined due to moisture. I store baseball cards down there and they are...
by Carl53
Tue Mar 26, 2019 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: VG IRA Beneficiary Designation Kit
Replies: 4
Views: 326

Re: VG IRA Beneficiary Designation Kit

I think you should be able to designate separate IRA accounts to different beneficiaries (some to children, some to charities). When you say, "RMDs to charities" do you mean that the money will be slowly dispersed from an account that is the child's, or that the account designated for the charity w...
by Carl53
Tue Mar 26, 2019 10:33 am
Forum: Personal Finance (Not Investing)
Topic: VG IRA Beneficiary Designation Kit
Replies: 4
Views: 326

Re: VG IRA Beneficiary Designation Kit

bump in hope for a response.