Search found 1303 matches

by littlebird
Sat Feb 24, 2018 1:24 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads: What are you doing to prepare for dementia/alzheimers?
Replies: 48
Views: 3732

Re: Bogleheads: What are you doing to prepare for dementia/alzheimers?

Why would this be a problem if you are single? Is it better to die a bit early or to prolong a life with dementia. Both of my parents refused aggressive treatment to hopefully prolong their lives. My mom refused chemotherapy, she said she was old and only accepted radiation therapy, which was less ...
by littlebird
Fri Feb 23, 2018 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: How Do People Without Computer Access Prepare and File Their Taxes?
Replies: 52
Views: 2507

Re: How Do People Without Computer Access Prepare and File Their Taxes?

I have a neighbor with substantial assets and complex, un-bogleheadish investments, who doesn't have a computer. He's well-read, intelligent and resourceful and has been doing his taxes by hand for about 65 years. By now he knows what forms he needs and sends for them. If he can't complete in time b...
by littlebird
Fri Feb 23, 2018 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads: What are you doing to prepare for dementia/alzheimers?
Replies: 48
Views: 3732

Re: Bogleheads: What are you doing to prepare for dementia/alzheimers?

As the spouse of someone with Parkinson's Disease, though, not dementia, who has handled our -- and his -- affairs for years, I endorse afan's post, above. I would emphasize that a revocable trust is imperative in your situation, because it commands much more deference than a POA, especially when th...
by littlebird
Thu Feb 22, 2018 4:07 pm
Forum: Personal Consumer Issues
Topic: officiate a marriage
Replies: 14
Views: 1106

Re: officiate a marriage

http://www.jdbar.com/Statutes/DRL-11/drl-11.html 4. A written contract of marriage signed by both parties and at least two witnesses, all of whom shall subscribe the same within this state, stating the place of residence of each of the parties and witnesses and the date and place of marriage, and a...
by littlebird
Thu Feb 22, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 136
Views: 5782

Re: Long term care insurance

Going the Medicaid route is fine if that's your choice. However, if you have a spouse, that may impoverish them as well. It all depends on the Medicaid rules in your state. An LTC partnership policy policy can lessen that. The poster you are addressing believes he can "game the system" like all the...
by littlebird
Thu Feb 22, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: What UN-frugal thing do you do?
Replies: 165
Views: 7936

Re: What UN-frugal thing do you do?

In the "no go" stage of retirement (and life). I spend whatever I like on my comfort, convenience, safety and security. Recent purchases: 2 Alexas so I can call my daughter by voice only if I should fall and can't reach/press my button alert (belt and suspenders, because my health is fragile and I w...
by littlebird
Thu Feb 22, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: Florida in the summer
Replies: 101
Views: 9780

Re: Florida in the summer

Another plus: lower latitude = more hours of sunlight. Compare sunset times for NYC and West Palm sometime, interesting. Today, 4:56 pm v 5:51 pm. Sorry, not true. Because you're closer to the equator, your sunlight hours are more equal winter/summer. So in the winter you have more daylight hours t...
by littlebird
Wed Feb 21, 2018 10:59 pm
Forum: Personal Consumer Issues
Topic: How Secure Is Your Apartment
Replies: 37
Views: 3281

Re: How Secure Is Your Apartment

As you look around at different apartment situations, ask what the policy is toward maintenance. I don't know about Texas, but in N.Y., where I lived in several apartment -type settings, landlords -- and by extension, their employees and contractors -- are only allowed to enter your apartment withou...
by littlebird
Wed Feb 21, 2018 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 136
Views: 5782

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: 8241

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: 360

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: 4927

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: 14
Views: 1106

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: 1851

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: 4311

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: 3912

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: 5629

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: 1574

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: 1002

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: 5600
Views: 1266281

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: 7926

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: 1672

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: 8279

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: 10269

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: 10269

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: 10269

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: 400
Views: 44270

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: 10269

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: 10269

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: 2094

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: 10269

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: 10269

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: 5955

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: 2544

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: 3725

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: 1121

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: 2266

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: 1111

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: 35048

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: 312199

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: 3695

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: 2079

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: 2211

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: 344

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: 450
Views: 35529

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: 12121

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: 51153

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: 4194

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...