Search found 1049 matches

by Mitchell777
Wed Jun 19, 2019 3:06 pm
Forum: Personal Consumer Issues
Topic: Radon levels in home
Replies: 50
Views: 4188

Re: Radon levels in home

Are there potential risks associated with radon mitigation? For example, could you get water in your basement from drilling. I''m not suggesting it should not be done. Just asking a question.
by Mitchell777
Tue May 14, 2019 5:10 am
Forum: Forum Issues and Administration
Topic: For how long will the forum be around?
Replies: 94
Views: 7242

Re: For how long will the forum be around?

Until I toss my Timex and buy that $5,000 watch I keep reading about.
by Mitchell777
Sun May 05, 2019 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Just Bought an Annuity
Replies: 149
Views: 11838

Re: Just Bought an Annuity

I would be open to buying a SPIA in the future depending on how my investments are doing. Question regarding the OP situation. What is the main benefit of the SPIA vs taking 4% from the lump sum and increasing each year for inflation? Personally, I would not be comfortable with 4% (I'm risk averse) ...
by Mitchell777
Tue Apr 23, 2019 6:57 pm
Forum: Personal Investments
Topic: Vanguard Flagship Select Representative ??
Replies: 31
Views: 2634

Re: Vanguard Flagship Select Representative ??

My Flagship rep had given me an incorrect answer on one or two things and not followed through and gotten back to me on another. Usually I have little need to call but things have been more complex the past few years. I never had a problem with any rep in the past. I found myself calling in the even...
by Mitchell777
Mon Apr 22, 2019 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Assisted living and nursing home expenses
Replies: 27
Views: 1838

Re: Assisted living and nursing home expenses

Having been through this, my advise is to have your mother at a facility where close family or friend can be at the facility on a regular basis, at least for nursing level care. Preferably at different times and days. Even the best facilities are only as good as the people on duty at any given time....
by Mitchell777
Sat Apr 20, 2019 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: leaving state job / pension. ..... bad idea?
Replies: 44
Views: 3516

Re: leaving state job / pension. ..... bad idea?

It depends on where you live but I can't even relate to benefits like that. They would be lavish in my area. I look at the people I know retired and living very well and they mostly split out into high level managers in the private sector or government workers. There is no way I'd walk away from tho...
by Mitchell777
Fri Apr 19, 2019 3:44 pm
Forum: Personal Consumer Issues
Topic: How far would you commute?
Replies: 104
Views: 4882

Re: How far would you commute?

For me it was not as much about the distance as about the time, stress, and the danger of the commute. It took my 45 to 60 minutes each way (went faster and safer as soon as the schools closed in Spring) with what for me was a lot of traffic vs where I live. It really wore me down. When I got approv...
by Mitchell777
Sun Apr 14, 2019 5:02 pm
Forum: Personal Investments
Topic: Wash Sales
Replies: 32
Views: 1618

Re: Wash Sales

This is where I get a bit more confused. I sold all my remaining shares in ACINX (average cost basis). Approx 55% covered/45% uncovered shares. The sale is a gain/profit overall since I've had these shares for decades, but for the covered shares it is a loss.
by Mitchell777
Sun Apr 14, 2019 12:52 pm
Forum: Personal Investments
Topic: Wash Sales
Replies: 32
Views: 1618

Wash Sales

Last week I sold ACINX which I held for many years. Last year's 20% CG distributions were too much to me to endure (this is all outside retirement accounts). I want to buy VFSAX (or ETF VSS). Reading the Wiki, I do not think I need to wait 30 days. They are too different fund companies. One is activ...
by Mitchell777
Mon Apr 01, 2019 4:20 pm
Forum: Personal Investments
Topic: Separate average cost basis calculations for covered and noncovered shares
Replies: 9
Views: 612

Re: Separate average cost basis calculations for covered and noncovered shares

If I recall this correctly from a couple years ago, I sold some mutual fund equity shares using average cost and they (not Vanguard) calculated the average cost of the non covered shares only. It was not the cost basis I anticipated.
by Mitchell777
Mon Apr 01, 2019 5:33 am
Forum: Personal Finance (Not Investing)
Topic: Tax Audit
Replies: 19
Views: 2315

Re: Tax Audit

That is odd. Have you sold coins, jewels etc for an amount over $10K cash
by Mitchell777
Thu Mar 28, 2019 7:49 am
Forum: Personal Investments
Topic: Avoiding tax torpedo at 70.5
Replies: 36
Views: 4636

Re: Avoiding tax torpedo at 70.5

I'd compare your current marginal tax rate is doing ROTH conversions to your tax rate of the RMD's. You're in a somewhat rare situation where you are very unlikely to run out of money AND all your money at death, or before if using QCD's, goes to charity. You may be paying taxes on conversions that ...
by Mitchell777
Wed Mar 27, 2019 6:12 pm
Forum: Personal Consumer Issues
Topic: Shingrix [Vaccine availability]
Replies: 153
Views: 13402

Re: Shingrix [Vaccine availability]

I'm assuming there is no difference in the two shots so do some pharmacies give priority to those that have had the initial shot (vs those waiting for shot one)?
by Mitchell777
Thu Mar 14, 2019 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Massive Increase in Long Term Care Insurance for My Parents - Can They?
Replies: 65
Views: 4895

Re: Massive Increase in Long Term Care Insurance for My Parents - Can They?

Looking at the $480/quarter they were paying for over 30 years (I know it was lower in the past due to inflation) and adding a return to that, if they had been saving that money they would probably have enough to pay for one year in a nursing home for one person (in MY area where it costs ~ $140,000...
by Mitchell777
Wed Mar 13, 2019 5:03 pm
Forum: Personal Consumer Issues
Topic: Peanut Butter recommendations
Replies: 84
Views: 5640

Re: Peanut Butter recommendations

I also like Crazy Richards crunchy. 2.5 g sat fat, no salt, and 2g sugar. I find I need to sprinkle a touch of No Salt on it. I eat it with a low net carb thin sliced bread.
by Mitchell777
Mon Mar 11, 2019 9:14 am
Forum: Personal Consumer Issues
Topic: Things to do in Maine
Replies: 55
Views: 4083

Re: Things to do in Maine

It's been a couple decades but Moosehead lake had a sandy beach and swimming area. Had a great time there.
by Mitchell777
Wed Feb 27, 2019 7:42 pm
Forum: Personal Consumer Issues
Topic: How often do you and your friends change engine oil?
Replies: 167
Views: 8139

Re: How often do you and your friends change engine oil?

I use the oil change dash monitor. I used to drive mostly longer trips (30+ miles) and would get ~ 10K miles until the monitor hit 20%. Now I drive all short trips of a few miles or so and hit 20% at 5K miles at the most. Both work out to about 8 months
by Mitchell777
Tue Feb 26, 2019 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Man plans to live at Holiday Inn instead of nursing home because it’s cheaper
Replies: 18
Views: 2954

Re: Man plans to live at Holiday Inn instead of nursing home because it’s cheaper

Interesting idea if you are in good enough condition to live in a hotel and use the spa, pool, workout room, lounge, and washer/dryer . In my experience at a nursing facility no one was using a spa, pool, workout room or washer/dryer although the facility had them. They would go to the lounge if som...
by Mitchell777
Sun Feb 24, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Deducting misc donations
Replies: 8
Views: 517

Re: Deducting misc donations

As I recall Goodwill had a listing of donated items on their website with suggested values for tax purposes. Of course condition may require adjusting the numbers but I found it a good start.
by Mitchell777
Sat Feb 23, 2019 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Why Working as a Senior Male is Wise...
Replies: 104
Views: 11776

Re: Why Working as a Senior Male is Wise...

My plan was always to work part time in retirement. I enjoy being part of a business team, contributing, and being paid for it. I did not plan on IRMAA coming along. I'd have to work 150 hours to break even. Everyone has ideas on what you should do in retirement, whether work or volunteering etc., b...
by Mitchell777
Fri Jan 25, 2019 3:39 pm
Forum: Personal Consumer Issues
Topic: Equifax Premier ID Cancellation
Replies: 2
Views: 325

Re: Equifax Premier ID Cancellation

I rec'd the same message yesterday from Trustedid. Mine says if my account was locked I need to relock. If it was not locked, but was frozen, it remains frozen.
by Mitchell777
Tue Jan 22, 2019 10:26 am
Forum: Personal Investments
Topic: 55yrs old 50/50 or 60/40 in this environment
Replies: 19
Views: 2507

Re: 55yrs old 50/50 or 60/40 in this environment

I think it depends on your comfort level. I was about your age, and at 50/50, when the great recession occurred. I realized 50/50 was too much equity for me. Just me. I did not sell but I did not rebalance anywhere near the bottom either. I did not need to take the additional risk so I lightened up ...
by Mitchell777
Sat Jan 19, 2019 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 180
Views: 18178

Re: What I spent in 6 months on medicare

Kaiser does not exist in my state. I thought I understood Medicare going in but it's more complex than I realized. I worked for a large corporation with very good coverage. With Original Medicare, Medigap, and Part D, I spend about the same out of pocket as when I worked. But the coverage is not as ...
by Mitchell777
Fri Jan 18, 2019 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 180
Views: 18178

Re: What I spent in 6 months on Medicare

Second six months of 2018 - I am in my early 70's - and I just reviewed what I spent on Medical costs under Medicare. While this is anecdotal - it is an example of my low costs (so far at least). Medicare Part B - $134/month - 6 months = $804 Medicare (Kaiser) plan premiums $30/month - 6 months = $...
by Mitchell777
Wed Jan 16, 2019 6:22 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 51560

Re: John Bogle is dead at 89

Had I not found Vanguard over 30 years ago I would not be in the financial position I'm in. The company. The philosophy. I'd still be trying to find the hot mutual fund or looking to a financial advisor more interested in his wealth than mine. Mr. Bogle could have been a much wealthier man. He was a...
by Mitchell777
Tue Jan 01, 2019 7:40 pm
Forum: Personal Consumer Issues
Topic: Selecting a mattress topper
Replies: 4
Views: 481

Re: Selecting a mattress topper

We bought the 14-inch Novaform king mattress at Costco about 6 weeks ago. I think it was $699. Have you considered just buying a new mattress? BTW the Novaform is the most comfortable mattress we have ever owned. You don't need a box spring, and the "topper" is built in. I've heard a box spring is ...
by Mitchell777
Tue Jan 01, 2019 5:22 am
Forum: Personal Consumer Issues
Topic: Radon Mitigation System
Replies: 20
Views: 1802

Re: Radon Mitigation System

I tested mine a couple years ago. Basement was a bit below 5 but I'm rarely down there. It was 2.5 on the first floor. This year I tested first floor (same location) and second floor. Different months than first test. Used long term tests for same amount of time, roughly four months). This time 3.1 ...
by Mitchell777
Fri Dec 28, 2018 6:53 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Is Active Alpha Enough To Cover Taxes
Replies: 9
Views: 806

Re: Larry Swedroe: Is Active Alpha Enough To Cover Taxes

I can attest to the taxes part. I own an active fund outside my retirement accounts that I've owned for well over 20 years. I sold some in January but I did not sell a lot due to IRMAA concerns, even at that it was a $19K gain. I thought the 2018 CG distributions would not be too large as it's alway...
by Mitchell777
Wed Dec 12, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: [Anyone drop cable for YouTube TV?]
Replies: 89
Views: 5763

Re: [Anyone drop cable for YouTube TV?]

Are there businesses that will set this up for you once you've decided on YouTubeTV or another service? I know it seems simple to most people but I'm not in that group.
by Mitchell777
Tue Dec 04, 2018 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: RMD after switching from INV to ADM shares
Replies: 5
Views: 459

Re: RMD after switching from INV to ADM shares

I just wanted to alert anyone who switched their funds from INV to ADM in an IRA with RMD. I think most people understand. I just wanted to help.
by Mitchell777
Tue Dec 04, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: RMD after switching from INV to ADM shares
Replies: 5
Views: 459

RMD after switching from INV to ADM shares

This may not apply to anyone else but thought I'd pass along. I was notified I could switch an inherited INV IRA to ADM which I did on 11/21/18. The INV IRA was set for automatic RMD on 12/1/18 of each year. Although I was assured by my rep the RMD would carry over from INV to ADM, it did not. No RM...
by Mitchell777
Mon Dec 03, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: IRMAA Avoidance Strategies
Replies: 20
Views: 1828

Re: IRMAA Avoidance Strategies

Not sure what you can do other than have tax efficient equity funds outside your tax deferred accounts. I've just been looking at this. It will be more of a concern for ME in 2019 as interest rates are up and the IRMAA tiers have been adjusted to have one jump into tier three sooner. I have only fix...
by Mitchell777
Fri Nov 30, 2018 10:31 am
Forum: Personal Finance (Not Investing)
Topic: IRMAA Question
Replies: 6
Views: 432

IRMAA Question

Question regarding IRMAA (Income Related Monthly Adjustment Amount). This is not about the life-changing event. I’m going through that now for the second time so I understand that part. This is about when there is no life-changing event. For example: For 2019 IRMAA, they would look at MAGI for 2017....
by Mitchell777
Sat Nov 17, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?
Replies: 14
Views: 1739

Re: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?

I'm not sure that there's much Vanguard could do to help you out. It seems like what you have is working. It does seem like you are investing for your heirs at this point. If that's the case would you want to make any changes? Funny thing happened over the years as we aged and accumulated more weal...
by Mitchell777
Sat Nov 17, 2018 7:38 am
Forum: Personal Investments
Topic: LOST OVER $400 on CDs in 2 Weeks!
Replies: 24
Views: 4482

Re: LOST OVER $400 on CDs in 2 Weeks!

As I recall Vanguard provides a daily value on the CD much like if it were a bond. So, if interest rates go up the value goes down and vice-versa. You would only lose if you sell and I believe it's not easy to sell the brokerage CD's or better stated it's costly. Ten years is pretty far to go out bu...
by Mitchell777
Wed Nov 14, 2018 7:19 pm
Forum: Personal Consumer Issues
Topic: Blue Cross, Blue Shield dental plans
Replies: 7
Views: 1093

Re: Blue Cross, Blue Shield dental plans

southerndoc wrote:
Wed Nov 14, 2018 2:37 am
Seems decent. I have it, but we rarely use it because we go to an out-of-network provider. Pretty cheap to cover catastrophes.
What do you mean by cover catastrophes? Most of the plans I've researched only covered up to $1K or $1.5K per year, so I have not purchased any yet. Thanks
by Mitchell777
Fri Nov 02, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Selling House Directly to Buyer
Replies: 28
Views: 2770

Re: Selling House Directly to Buyer

I did this although it was a long time ago. Got a local attorney who did a lot of real estate work. Cost less than half of 1% of the value on a very modest home. I do not think the guy I sold it to, a co-worker of a family member, had an attorney.
by Mitchell777
Sat Oct 27, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Space needed small bathroom 1st floor?
Replies: 15
Views: 1397

Re: Space needed small bathroom 1st floor?

I think it would need to be fairly large. I have a small 1/2 bath on the first floor. My mother was not able to get her walker into the bathroom. Well, maybe she could as a very, very tight squeeze but she could never have turned it even at a 90 degree angle to use the facilities Had she fallen in t...
by Mitchell777
Wed Oct 24, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: What keeps you up at night?
Replies: 56
Views: 6332

Re: Retirees: What keeps you up at night?

My health. I've had a dozen friends, close relatives, and former colleagues die between the ages of 55 and 67. Does not keep me up at night although I wish I could sleep as well as when I was in my 20's and 30's.
by Mitchell777
Thu Oct 18, 2018 11:53 am
Forum: Personal Investments
Topic: Heavy Loss in Stable Value Fund of 401k investments
Replies: 32
Views: 4904

Re: Heavy Loss in Stable Value Fund of 401k investments

I knew they could lose money if one of the underlying insurance companies declares bankruptcy because I lived through that years ago. Never heard of this situation before. Sorry for the financial loss.
by Mitchell777
Fri Oct 12, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 37976

Re: free dinner investing seminar

FBN2014 wrote:
Fri Oct 12, 2018 8:15 am
FIREchief wrote:
Thu Oct 11, 2018 11:34 pm
Scrapr wrote:
Thu Oct 11, 2018 11:05 pm
FIREchief wrote:
Thu Oct 11, 2018 2:48 pm

The pitch is always for annuities. One advisor asked me to leave when I told him that I subscribe to the Bogle investing philosophy.
Hopefully this was after you ate. :D
by Mitchell777
Wed Oct 10, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Between Jobs: Obamacare vs COBRA?
Replies: 30
Views: 1708

Re: Between Jobs: Obamacare vs COBRA?

Check the ACA price. A couple years ago it was ~ $1500 per month for me (1 person), no dental and no vision. That was because my income was > $49K. COBRA cost me $665/month incl dental and vision. Similar deductibles ($1500 I think)
by Mitchell777
Sun Oct 07, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 10017

Re: 2-Year Treasury Note Auction

Non retirement account. Looking at Vanguard it appears the first ($25K) would have a loss of $436. The second ($666) $666. I guess, as an example, if I sold the second Treasury I'd lose $666.00. If I then bought a 2 yr CD at 3% I'd gain ~ $310 per year and have an earlier maturity than the current ...
by Mitchell777
Sat Oct 06, 2018 4:20 pm
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 10017

Re: 2-Year Treasury Note Auction

Now that I think more on it, if I sell now it would be a ST Capital loss. I'd need a ST Capital gain to write it off against.
by Mitchell777
Sat Oct 06, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 10017

Re: 2-Year Treasury Note Auction

Kevin and others: Have you sold Treasuries as interest rates have been increasing? I know I will take a loss on the Treasury (not exactly sure of the math at this point) but my thought is to replace them with a CD with approx. the same maturity date. I own the following 2.625%: matures 2023 02 28 ;...
by Mitchell777
Fri Oct 05, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 10017

Re: 2-Year Treasury Note Auction

Kevin and others: Have you sold Treasuries as interest rates have been increasing? I know I will take a loss on the Treasury (not exactly sure of the math at this point) but my thought is to replace them with a CD with approx. the same maturity date. I own the following 2.625%: matures 2023 02 28 ; ...
by Mitchell777
Mon Oct 01, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: Asphalt driveway replacement
Replies: 21
Views: 2111

Re: Asphalt driveway replacement

I had a quote last year: 89 sq yards (PA): $5350 (get your own permit) Excavate and grade, remove excess fill Fine grade area Install #2A modified stone to compacted thickness of 4" Spray for vegetation Install binder course asphalt to compacted thinkness of 2" Install ID#2 Wearing course (topping) ...
by Mitchell777
Fri Sep 14, 2018 6:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard and Certificate of Deposits
Replies: 8
Views: 1214

Re: Vanguard and Certificate of Deposits

Not sure I understand the question but Vanguard does offer new issue CD's and secondary market CD's. All FDIC insured.
by Mitchell777
Wed Sep 12, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Lab test prices - exasperating!
Replies: 101
Views: 6287

Re: Lab test prices - exasperating!

I am not yet on Medicare. I hope they cover Vit D testing as I struggle to keep it where the doc wants it. If the price is anywhere around $200 that would be a shock if not covered. I know what that test is billed to large corporate customers and it is a tiny fraction of $200. I hope my doc has some...
by Mitchell777
Mon Sep 10, 2018 6:57 pm
Forum: Investing - Theory, News & General
Topic: Medallion Signature guarantee?
Replies: 46
Views: 4829

Re: Medallion Signature guarantee?

I had mine done by a bank manager at my bank. It was not the bank my mother used. Your estate attorney should know the banks and individuals that can do it. I know when I had it done the bank manager told me she had just been talking to a paralegal from my attorney's office.