Search found 1295 matches

by littlebird
Wed Feb 21, 2018 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 75
Views: 3297

Re: Long term care insurance

Talk to an attorney that specializes in that area. There are trusts that protect assets from the look back, there are trusts for your children that exclude there married spouse so that in case they get divorced the spouse will not be entitled to any of your assets, there are divorce strategies to n...
by littlebird
Thu Feb 15, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: How many of you use the "4% rule" during retirement?
Replies: 68
Views: 7947

Re: How many of you use the "4% rule" during retirement?

No, never used it. In the early years, before S.S., withdrew what we needed to reasonably fund the lifestyle we retired for. As we got older, our modest lifestyle required no withdrawals above S.S. and a modest pension. Two years ago - after 28 years or retirement - spouse entered assisted living ca...
by littlebird
Wed Feb 14, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: How to choose best cost basis for funds
Replies: 5
Views: 356

Re: How to choose best cost basis for funds

It depends on what's important to you and, indirectly, on your stage of life. At my age, mid-seventies, convenience, simplicity, and ease of potentially passing the baton are what's important to me, so I go with average cost.
by littlebird
Mon Feb 12, 2018 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 86
Views: 4887

Re: I didn't tax-loss harvest this month, did you?

Yes, I did. First time in many, many years. I have been taking profits on my equity funds aggressively for 15 months, and placing the money in bonds and money market funds. As a result, I had several thousand dollars in short- and long-term losses in the bond funds to offset against a much larger ga...
by littlebird
Sun Feb 11, 2018 11:30 am
Forum: Personal Consumer Issues
Topic: officiate a marriage
Replies: 13
Views: 918

Re: officiate a marriage

ResearchMed wrote:
Sun Feb 11, 2018 9:01 am
Here is the state law:

https://www.health.ny.gov/publications/4210/

I'm not finding anything about the "other officiants as specified by Section 11 of the Domestic Relations Law."RM
http://www.jdbar.com/Statutes/DRL-11/drl-11.html
by littlebird
Sat Feb 10, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: what to look for when buying a flipped house
Replies: 27
Views: 1835

Re: what to look for when buying a flipped house

Unless the house is truly unique, and you have extra cash to pump into it, I would avoid a flipped house. I speak from experience, although my house was unique, I knew what I was getting into, and I did have the extra cash put aside for the inevitable, what shocked me was the extent of the lies my s...
by littlebird
Wed Feb 07, 2018 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Dad gave me money before filing bankruptcy
Replies: 24
Views: 4303

Re: DAD GAVE ME MONEY BEFORE FILING BANKRUPTCY

Bob's not my name wrote:
Wed Feb 07, 2018 7:32 pm
novillero wrote:
Wed Feb 07, 2018 6:23 pm
a bona fire bankruptcy attorney
That is genius. May I use this phrase or have you already trademarked it?
"Auto-complete" may have trademarked it.
by littlebird
Wed Feb 07, 2018 12:57 am
Forum: Investing - Theory, News & General
Topic: "A Target-Date Fund Series Wins Gold"
Replies: 35
Views: 3909

Re: "A Target-Date Fund Series Wins Gold"

triceratop wrote:
Mon Feb 05, 2018 12:18 pm
Bogleheads: a wise man once said not to "let the tax-tail wag the dog".
It's better if you put the word "investment" before the word "dog"
by littlebird
Tue Feb 06, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 105
Views: 5598

Re: Laughter is the Best Medicine - What makes you Laugh?

My spouse. He's extremely witty. Other than him: "Are You Being Served" and "Golden Girls". "Fawlty Towers", already mentioned. And to illustrate how a sense of humor differs among people, I hate the Mrs Bucket Show (Keeping Up Appearances) with a passion; laughing at someone, not with them.
by littlebird
Mon Feb 05, 2018 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Equanimity is what it's all about.
Replies: 22
Views: 1570

Re: Equanimity is what it's all about.

Wikipedia defines "equanimity" as "a state of psychological stability and composure which is undisturbed by experience of or exposure to emotions, pain, or other phenomena that may cause others to lose the balance of their mind." You will experience equanimity when your portfolio is evenly balanced...
by littlebird
Mon Feb 05, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Rule of thumb for how much to spend on rent?
Replies: 19
Views: 998

Re: Rule of thumb for how much to spend on rent?

Long ago, in a simpler era, landlords generally enforced a 25% or less rule. Worked for us, even in our VHCOL city, that is, we rented in a cheaper outer neighborhood.
by littlebird
Mon Feb 05, 2018 6:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5595
Views: 1263717

Re: U.S. stocks in freefall

It's official. You dip-buyers stepping up or are you hiding under the covers?? STOCK ROUT IN FULL FORCE, DOW IN FREE FALL DOWN MORE THAN 1,000 POINTS Not enough of a drop to justify buying yet. We are only talking about 6-7% in a week. Not even at proper correction level. Wake me when it's at least...
by littlebird
Sat Feb 03, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: Kinda laughing, kinda mad - Vanguard Personal Investor
Replies: 45
Views: 7881

Re: Kinda laughing, kinda mad - Vanguard Personal Investor

There is a reason that Vanguard has difficulty keeping large accounts over time. Yes. I had to leave Vanguard after many years of very good investment results when my needs became more specialized, and I could no longer tolerate repeated episodes ( both serious and silly ) in which they demonstrate...
by littlebird
Sat Feb 03, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: CCRC advice needed [Continuing Care Retirement Community]
Replies: 28
Views: 1644

Re: CCRC advice needed

And we came to the conclusion that with our assets (and perhaps yours too) we can remain in our home and have our own CCRC facility by contracting out people to come into our house to take care of us, especially since we have a daughter 15 minutes away from us. Are you sure home care would not be a...
by littlebird
Thu Feb 01, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: Anyone else cashing out on *some* of the crazy earnings?
Replies: 74
Views: 8202

Re: Anyone else cashing out on *some* of the crazy earnings?

Yes, but I am 30 years into retirement with a spouse in self-pay assisted living care. Having increased our assets 525% in that time, I am now much more interested in preserving than growing. I have been aggressively taking profits and splitting them between intermediate bonds and a money market acc...
by littlebird
Tue Jan 30, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: The biggest problem in retirement is spending (not)
Replies: 118
Views: 10256

Re: The biggest problem in retirement is spending (not)

II strongly disagree that "few patients ever actually get qualified for rehab medicare coverage anymore." I think a whole lot of medicare patients get their rehab paid for. Maybe some don't that should, but "few patients" I don't believe. I agree with you. A poster on this thread is repeatedly post...
by littlebird
Tue Jan 30, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: The biggest problem in retirement is spending (not)
Replies: 118
Views: 10256

Re: The biggest problem in retirement is spending (not)

It sounds as if the "short term" quarters were actually the quarters for rehab patients. Rehab stays are always private pay unless you have insurance coverage (no Medicaid). That is something that Medicare might pay for. I have a friend whose brother was recovering from brain surgery and was in a f...
by littlebird
Mon Jan 29, 2018 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: The biggest problem in retirement is spending (not)
Replies: 118
Views: 10256

Re: The biggest problem in retirement is spending (not)

I think people are confusing assisted living with skilled nursing. Sometimes you don't have a choice where your loved one goes. In my (not otherwise heavily regulated) state, a doctor has to certify the appropriate level of care annually. Most with advanced dementia or otherwise total care (residen...
by littlebird
Mon Jan 29, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 374
Views: 42038

Re: Netflix, Your Current Favorite Show

Madam Secretary, binge watching. Uses - and anticipates - current events
by littlebird
Sun Jan 28, 2018 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: The biggest problem in retirement is spending (not)
Replies: 118
Views: 10256

Re: The biggest problem in retirement is spending (not)

Luckily, a facility social worker told me about another class of facility (completely unknown to me, although I live in a senior community and am a heavy user of the internet) which DO NOT take Medicaid. These were small home-based facilities that were licensed for 4 or 10 residents, and that's whe...
by littlebird
Sun Jan 28, 2018 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: The biggest problem in retirement is spending (not)
Replies: 118
Views: 10256

Re: The biggest problem in retirement is spending (not)

Luckily, a facility social worker told me about another class of facility (completely unknown to me, although I live in a senior community and am a heavy user of the internet) which DO NOT take Medicaid. These were small home-based facilities that were licensed for 4 or 10 residents, and that's whe...
by littlebird
Sun Jan 28, 2018 7:01 pm
Forum: Personal Consumer Issues
Topic: Survivor worries . . .
Replies: 14
Views: 2090

Re: Survivor worries . . .

I was widowed young, with little kids to raise, so my response is advice in hindsight. You can prepare for your loved one to die. You can't prepare for your loved one to actually be dead. What you think you might want now may not be how you feel then. Some are compelled to stay, some want to leave....
by littlebird
Sun Jan 28, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: The biggest problem in retirement is spending (not)
Replies: 118
Views: 10256

Re: The biggest problem in retirement is spending (not)

In my opinion, Continuing Care Retirement Communities are being oversold. Yes, there are some high-end facilities and often these are CCRCs. But they are good places to stay because they are expensive and high-end, not because of any special features of CCRCs per se. The idea behind CCRCs is that y...
by littlebird
Sun Jan 28, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: The biggest problem in retirement is spending (not)
Replies: 118
Views: 10256

Re: The biggest problem in retirement is spending (not)

There are no "medicaid facilities" per se. They are the same facilities, only the payer is Medicaid instead of you. Same rooms, same miserable environment and neglectful care. The staff don't know if you're on Medicaid or are Warren Buffett's sister. At least they are not supposed to know, because ...
by littlebird
Mon Jan 22, 2018 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of living comparison (HCOL vs LCOL)
Replies: 85
Views: 5948

Re: Cost of living comparison (HCOL vs LCOL)

30 years ago, my property tax on a small, but nice 3 bedroom, 2 bath house in a very distant suburb of N.Y.C was $11,000+/year. Now, 30 years later, my property tax on a much larger home on a larger lot, in a distant suburb of Phoenix, is less than $1200/year. The difference in homeowner's insurance...
by littlebird
Sun Jan 21, 2018 11:19 am
Forum: Personal Consumer Issues
Topic: Home Humidifier input please
Replies: 48
Views: 2542

Re: Home Humidifier input please

In the winter when very cold, humidity can get down in the mid teens. That is dryer than the driest desert. Just a small point: Here in the Sonoran desert of Arizona - I don't know if our's is the driest desert - the ambient humidity in winter can be 6 or 7%. It's very comfortable at that humidity ...
by littlebird
Thu Jan 18, 2018 7:42 pm
Forum: Personal Consumer Issues
Topic: I got a Roomba and think you should too
Replies: 41
Views: 3688

Re: I got a Roomba and think you should too

I'm very happy with my iLife3 (I think it is), for $179 on Amazon. For that price, my threshold of satisfaction is fairly low and completely met by this gadget. It too goes in all different directions, but gets everything off the floor, even has a setting for edges, which works brilliantly. It needs...
by littlebird
Wed Jan 17, 2018 10:59 am
Forum: Personal Consumer Issues
Topic: AJ Madison?
Replies: 11
Views: 1119

Re: AJ Madison?

I purchased a European-style kitchen appliance from them that was not available locally. Everything went very well. The appliance itself has been very reliable and has not needed repairs. But had a locally-available appliance met my needs, I think I would have preferred that, even if the cost had be...
by littlebird
Sun Jan 14, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2262

Re: Do you correct cashier mistakes?

Yes! But just once. Last night I said to the cashier, while looking up at the register display: "Did you get the pineapples?" "Yes, I got them", he said. He didn't. I didn't say anything further.
by littlebird
Wed Jan 10, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Elder Law Plan for my Parents & Cost: Move forward?
Replies: 9
Views: 1109

Re: Elder Law Plan for my Parents & Cost: Move forward?

I think you need to educate yourself as to what Medicaid is and to get at least a rough understanding of the rules before your parents spend $8500. Also please disabuse yourself of the idea that your parents can direct their assets in such a way that the " facility can not get the money". Facilities...
by littlebird
Wed Jan 10, 2018 12:53 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 34983

Re: Year 2000 retirees using the '4% rule' - Where are they now?

Nearly all the 80 years olds I know are far more focused on their families' needs than their own. I find this comment very strange. I live in a large "active senior" community and know many ~80 year olds. Maybe the type of people who leave their prior communities and, often, their families, to move...
by littlebird
Sun Dec 31, 2017 8:56 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1752
Views: 311993

Re: What are you up YTD? [Year To Date]

With a 23/77 portfolio, a 90+ year-old spouse in self-pay assisted living, a new (large) roof, and a comparatively modest income and assets, investible assets (net worth less home) up 2.33%. Very satisfied.
by littlebird
Sun Dec 31, 2017 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: No earned income, how do you pay tax for pensions, SS and RMDs
Replies: 43
Views: 3691

Re: Retirees: No earned income, how do you pay tax for pensions, SS and RMDs

I like the flexibility of deciding on a withholding amount from our RMDs near the end of the year. This year, because of very high medical expenses, (and comparatively modest income) our tax obligation will be <$1000, so I had nothing withheld.
by littlebird
Sun Dec 31, 2017 6:34 pm
Forum: Personal Consumer Issues
Topic: Appliance Install Issues
Replies: 40
Views: 2078

Re: Appliance Install Issues

Those heat issues is part of why I did not buy a new oven all these years. My old oven worked fine including the self cleaning cycle. It got hot and baked and broiled stuff fine. Plus the self cleaning high heat set up worked great. It always cleaned all the surfaces inside fine. It did not over he...
by littlebird
Sat Dec 30, 2017 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: LifeStrategy Income Fund - Only 20% stocks?
Replies: 20
Views: 2206

Re: LifeStrategy Income Fund - Only 20% stocks?

I'm in my mid-70's and, with a large bill every month for a spouse in self-pay assisted living, I'm comfortable with about 23% in stock. At your age I was about 60%-40%. Unless you're very conservative, or very financially comfortable, I would say that's a bit too bond-heavy at your age. You should ...
by littlebird
Thu Dec 28, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: variable annuity cancellation tax question
Replies: 6
Views: 343

Re: variable annuity cancellation tax question

If you are within the 30-day "free look" cancellation period, any loss is just like a loss on the sale of stock or a mutual fund. After 30 days, I don't believe it's considered a cancellation. You can withdraw your money in several different ways - consult with the annuity department at V. - and you...
by littlebird
Sun Dec 24, 2017 1:27 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 428
Views: 33675

Re: What frugal thing did you do today?

I bought 2 Amazon Dots on sale for $30 each today and saved TWICE as much! :D
by littlebird
Sat Dec 23, 2017 8:15 pm
Forum: Personal Consumer Issues
Topic: European Cities that don't interest you
Replies: 187
Views: 12109

Re: European Cities that don't interest you

Others will probably call me small-minded in that international travel holds little appeal to me. Me too. And spouse. Maybe because grandparents had to scramble to get out, hated their countries of origin, with good reason, and adored the U.S. Also grew up in the era of "westerns" and the romantici...
by littlebird
Wed Dec 20, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51085

Re: Tax Bill Omnibus Thread

Alan S. wrote:
Wed Dec 20, 2017 8:12 pm
joe8d wrote:
Wed Dec 20, 2017 7:48 pm
Does anyone know if this tax plan continues the exemption for being over 65?
Yes, that additional standard deduction is preserved, and also for the blind. It will be added to the 12k/24k new standard deduction.
So if you itemize, it will be lost to you?
by littlebird
Tue Dec 19, 2017 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Availability of health care providers - how to factor this in a move?
Replies: 77
Views: 4190

Re: Availability of health care providers - how to factor this in a move?

When we retired (early and very early, respectively) we were attracted to the rural lifestyle, but chose instead a large senior community with a healthcare situation very much like your current one. Although we were in excellent health at the time, the availability of healthcare was a large factor i...
by littlebird
Mon Dec 11, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: For those retired at least 10 years, what about the money?
Replies: 47
Views: 7257

Re: For those retired at least 10 years, what about the money?

Almost 30 years in, now "blowing it" on spouse's assisted living care. Live comfortably, but don't forget: very old age is as different from early retirement as going off to college is to toddler-hood. :wink: Care to elaborate on your analogy? Be interested in your observations, particularly any su...
by littlebird
Sat Dec 09, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired at least 10 years, what about the money?
Replies: 47
Views: 7257

Re: For those retired at least 10 years, what about the money?

Almost 30 years in, now "blowing it" on spouse's assisted living care. Live comfortably, but don't forget: very old age is as different from early retirement as going off to college is to toddler-hood. :wink:
by littlebird
Sat Dec 02, 2017 11:08 pm
Forum: Personal Consumer Issues
Topic: Random package from Amazon - early warning of identity theft?
Replies: 21
Views: 4024

Re: Random package from Amazon - early warning of identity theft?

They do make mistakes sometimes. I once received, out of the blue, a pair of running shoes,in my very common size, but of a brand I'd already determined doesn't fit me well, in a color I'd never have chosen. They professed to be unable to tell me how it happened, or who had placed the order. No one ...
by littlebird
Sun Nov 26, 2017 1:43 pm
Forum: Personal Consumer Issues
Topic: Water Heater Install $1,800!
Replies: 84
Views: 12944

Re: Water Heater Install $1,800!

Just got an estimate for an 55 gal. electric heater/tank of $850 plus $150 for an extra "guy" to help remove my 36 year old, 80 gal. very heavy solar/electric from a garage. As an aside, the plumber told me that continuing to use the electric portion of my current heater (the solar has become inoper...
by littlebird
Thu Nov 23, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had a POA rejected? [Power of Attorney]
Replies: 45
Views: 3933

Re: Anyone had a POA rejected? [Power of Attorney]

How would a revocable trust avoid some of the issues? I'm only vaguely aware of how things are set up with MIL's trusts. DH is a trustee (MIL also is, but wants nothing to do with any finances any more). DH also has DPoA, so I'm not entirely sure when he would be operating as trustee, vs PoA. But h...
by littlebird
Thu Nov 23, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had a POA rejected? [Power of Attorney]
Replies: 45
Views: 3933

Re: Anyone had a POA rejected? [Power of Attorney]

vested1 - Check with the skilled nursing facility to see if they have a (possibly state-mandated) picture taken of your mil at the time of her admission. Perhaps that, along with a statement from the administrator would be acceptable as a substitute picture ID. I have no other suggestions, assuming ...
by littlebird
Thu Nov 23, 2017 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 9872

Re: Regrets for taking SS at 62 or waiting?

No regrets for spouse and I taking at 63 and 65 respectively. It was the only way we could finance our early (very early in my case) retirement and do the traveling and activities that the early retirement was in aid of. We did postpone taking spouse's SS for about 1 1/2 years after retirement, and ...