Search found 230 matches

by kmurp
Thu Jan 11, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 68
Views: 3556

Re: Poll: BHs who rent - what % of gross do you spend on rent?

I don’t rent but one of my daughters pays 50% of her take home in rent (HCOL).
by kmurp
Wed Dec 20, 2017 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund if your tax circumstances will change in the future
Replies: 75
Views: 4988

Re: Donor Advised Fund if your tax circumstances will change in the future

Took me five minutes to set up at Fidelity and transfer appreciated shares that are also held at Fidelity. Very easy. Excellent website and integration with fidelity brokerage.
by kmurp
Tue Dec 19, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund if your tax circumstances will change in the future
Replies: 75
Views: 4988

Re: Donor Advised Fund if your tax circumstances will change in the future

So is it too late in the year to open one of these and fund it?
by kmurp
Sun Dec 17, 2017 8:37 pm
Forum: Personal Consumer Issues
Topic: Air Berlin fiasco
Replies: 6
Views: 1259

Re: Air Berlin fiasco

Wife and I are supposed to be leaving Boston to Florence on Air Berlin Saturday. The company in in bankruptcy and pilots are calling in sick in large numbers. Our outbound flight has been cancelled the past two days and the return flight looks to be permanently cancelled. That is, the route will no...
by kmurp
Sat Dec 16, 2017 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Are you prepaying real-estate taxes this year?
Replies: 16
Views: 2207

Re: Are you prepaying real-estate taxes this year?

1year23 wrote:
Fri Dec 15, 2017 8:48 pm
I asked my accountant about this and he said it wouldn't help because we are subject to AMT. Did anyone else get this response?
I got the same response.
by kmurp
Wed Dec 06, 2017 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Cost of orthopedic cast
Replies: 8
Views: 788

Re: Cost of orthopedic cast

snowox wrote:
Wed Dec 06, 2017 6:27 am
Sounds to me that the first time they charges to put the cast on. The second time the hiked it because they had to remove the first cast then put new one on if I am reading and understanding your post correct.
I think you are probably correct. It just seems exorbitant.
by kmurp
Wed Dec 06, 2017 5:43 am
Forum: Personal Finance (Not Investing)
Topic: Cost of orthopedic cast
Replies: 8
Views: 788

Re: Cost of orthopedic cast

To answer the above questions: The billing dept bills for the entire academic medical center including the ortho office. They said they will look into it but never got back to us. The insurance company EOB doesn’t list a CPT code. It shows two lines “cast short arm/cast room”. Each line for cast sho...
by kmurp
Tue Dec 05, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of orthopedic cast
Replies: 8
Views: 788

Cost of orthopedic cast

Daughter recently broke hand and had a short arm cast placed. We are now getting the bills. Interestingly, when she went in to have her follow up, she had the cast replaced. There were two identical charges for a cast at that visit for around $320. Is it customary to charge twice for a cast replacem...
by kmurp
Fri Nov 24, 2017 8:22 am
Forum: Investing - Theory, News & General
Topic: HSA: "Pay out of pocket" vs Withdraw math problem
Replies: 48
Views: 3450

Re: HSA: "Pay out of pocket" vs Withdraw math problem

I’m paying out of pocket and will use the funds for Cobra prior to Medicare or deductibles after Cobra or Medicare premiums.
by kmurp
Tue Nov 21, 2017 5:25 am
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 50
Views: 10822

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

These things never work for me in New York. I live upstate and get lumped in with HCOL downstate.
by kmurp
Thu Sep 14, 2017 6:52 am
Forum: Personal Consumer Issues
Topic: Air Berlin fiasco
Replies: 6
Views: 1259

Re: Air Berlin fiasco

Wife and I are supposed to be leaving Boston to Florence on Air Berlin Saturday. The company in in bankruptcy and pilots are calling in sick in large numbers. Our outbound flight has been cancelled the past two days and the return flight looks to be permanently cancelled. That is, the route will no...
by kmurp
Thu Sep 14, 2017 4:18 am
Forum: Personal Consumer Issues
Topic: Air Berlin fiasco
Replies: 6
Views: 1259

Air Berlin fiasco

Wife and I are supposed to be leaving Boston to Florence on Air Berlin Saturday. The company in in bankruptcy and pilots are calling in sick in large numbers. Our outbound flight has been cancelled the past two days and the return flight looks to be permanently cancelled. That is, the route will no ...
by kmurp
Tue Aug 29, 2017 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: "Paid-up" whole life policy: keep or cash it in?
Replies: 7
Views: 1235

Re: "Paid-up" whole life policy: keep or cash it in?

If you cash it in, you will owe taxes. How many years would it take for the cash value after taxes to equal the death benefit? It may take quit a while.
by kmurp
Wed Aug 23, 2017 3:56 pm
Forum: Personal Consumer Issues
Topic: Credit Card for Student with no credit history
Replies: 9
Views: 703

Re: Credit Card for Student with no credit history

Discover is what my college age daughter did. Worked out well.
by kmurp
Sat Aug 05, 2017 5:29 pm
Forum: Personal Consumer Issues
Topic: Love your family car? Under $16,000 Used? Please share!
Replies: 39
Views: 4939

Re: Love your family car? Under $16,000? Please share!

I assume you mean used at that price. A Toyota RAV4 with reasonably low miles, maybe 50,000 could fit your criteria.
by kmurp
Thu Aug 03, 2017 7:10 am
Forum: Personal Consumer Issues
Topic: 2010 Civic AC
Replies: 7
Views: 875

Re: 2010 Civic AC

Turns out it was the compressor. When that failed on my old Accord at around 60,000 miles I didn't fix it. This time, we are fixing it. I don't think the car would be worth as much on trade without AC and if she is thinking about moving south next summer so AC will be important.
by kmurp
Mon Jul 31, 2017 8:25 am
Forum: Personal Consumer Issues
Topic: 2010 Civic AC
Replies: 7
Views: 875

2010 Civic AC

My daughter has a 2010 civic with about 60k miles. Last night, on her drive home, the AC quit working. Strangely enough the same thing happened to me with a 1995 Accord at about the same mileage years ago. My question is: is this likely an expensive repair or could it be easy to fix?
by kmurp
Tue Jul 25, 2017 4:15 am
Forum: Personal Consumer Issues
Topic: College student daughter got her car totaled. Advice?
Replies: 34
Views: 3509

Re: College student daughter got her car totaled. Advice?

A used Toyota RAV4 is a very good option. My daughter has been driving a 2006 model for a number of years and I really like it. Two things on this car though. 2006-2008 engines may have an oil consumption issue. After 2008 they got a different engine so I'd look for a 2009. Also, the earlier models ...
by kmurp
Fri Jul 21, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Is it still worth buying a house in a state with insane property taxes
Replies: 96
Views: 10449

Re: Is it still worth buying a house in a state with insane property taxes

Try living in Texas where property taxes in Dallas are 2.75% of "assessed" value, which is pretty much pulled out of thin air but always increases by mid to high single digits every year. That's almost exactly where we are as a percentage but in upstate NY where there's an income tax as well. We ar...
by kmurp
Fri Jul 21, 2017 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Is it still worth buying a house in a state with insane property taxes
Replies: 96
Views: 10449

Re: Is it still worth buying a house in a state with insane property taxes

When people refer to property taxes, does that include school taxes as well? Where I live these are separate bills six months apart.
by kmurp
Thu Jul 13, 2017 6:07 pm
Forum: Personal Consumer Issues
Topic: Personal liability insurance in retirement
Replies: 24
Views: 2414

Re: Personal liability insurance in retirement

That is a great rate for 5 mill. I pay that much for 1million.
by kmurp
Wed Jul 05, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Policies?
Replies: 56
Views: 5509

Re: Medicare Supplement Policies?

Aren't Medicare advantage policies much cheaper than medigap?
by kmurp
Mon Jun 05, 2017 6:05 am
Forum: Personal Consumer Issues
Topic: Article: Compare ROI of college education vs S&P500
Replies: 52
Views: 3881

Re: Article: Compare ROI of college education vs S&P500

I wonder what the numbers would have looked like in 2009.
by kmurp
Fri Jun 02, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: Novice for Southwest Companion Pass - Questions
Replies: 11
Views: 1050

Re: Novice for Southwest Companion Pass - Questions

Wow, a lot of good info that I didn't know.
by kmurp
Fri Jun 02, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: Novice for Southwest Companion Pass - Questions
Replies: 11
Views: 1050

Re: Novice for Southwest Companion Pass - Questions

My understanding is you need to spend 110k in a calendar year on the card to get companion. I don't think sign up points count towards that.
by kmurp
Tue May 23, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: New to the forum and retiring this fall
Replies: 55
Views: 6717

Re: New to the forum and retiring this fall

We'll that pension alone is worth millions so, provided your expenses are at or below that figure you could do pretty much anything you want for asset allocation with your other funds. If the pension is non cola, I imagine it would be smart to at least have a decent amount of stock exposure to make ...
by kmurp
Sat May 13, 2017 8:05 am
Forum: Personal Finance (Not Investing)
Topic: My plan to use policy loans to fund first five years of retirement
Replies: 61
Views: 4606

Re: My plan to use policy loans to fund first five years of retirement

Just to give you all an idea of the hard numbers. One policy I've had for 26 years. If I die today, the amount of the death benefit would represent a 9% annualized increase, all tax free. Actually more than that if you subtract the term premiums that would have been in place in the absence of the p...
by kmurp
Fri May 05, 2017 4:16 am
Forum: Investing - Help with Personal Investments
Topic: What to do with inheritance
Replies: 37
Views: 4157

Re: What to do with inheritance

I'm no expert but I believe that it's important to re title an inherited IRA with specific language to allow withdrawals to be spread out in a maximum time frame. Google that but I believe it goes something like "John Smith, IRA (deceased on May 21, 2007) F/B/O John Smith Jr., beneficiary". Schwab ...
by kmurp
Fri May 05, 2017 4:09 am
Forum: Investing - Help with Personal Investments
Topic: What to do with inheritance
Replies: 37
Views: 4157

Re: What to do with inheritance

I'm no expert but I believe that it's important to re title an inherited IRA with specific language to allow withdrawals to be spread out in a maximum time frame. Google that but I believe it goes something like "John Smith, IRA (deceased on May 21, 2007) F/B/O John Smith Jr., beneficiary". Schwab h...
by kmurp
Thu May 04, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: How much would you save if you don't have insurance?
Replies: 32
Views: 2928

Re: How much would you save if you don't have insurance?

If there were no Medicare I think the health system (hospitals) would collapse at this point.
by kmurp
Wed Apr 26, 2017 6:17 pm
Forum: Personal Consumer Issues
Topic: Doctor bill question
Replies: 29
Views: 2574

Re: Doctor bill question

Don't know for primary care but for my area the billing codes differ if it's just a nurse, a nurse directed by a doc or just a doc alone. That said , payment is exactly the same in all three situations.
by kmurp
Wed Apr 26, 2017 7:33 am
Forum: Investing - Help with Personal Investments
Topic: Help with Retirement Plan
Replies: 14
Views: 1740

Re: Help with Retirement Plan

calliecake47 wrote:Thanks for all the responses. I did make a typo in the post though. I mistakenly put that we planned a 100k withdrawal, but it should say at least 150k. I just wanted to correct that for any responses going forward.
That's 150k withdrawal or $150k spending? Make sure you ballpark your taxes.
by kmurp
Mon Apr 24, 2017 11:25 am
Forum: Personal Consumer Issues
Topic: Cost of Estate Planning
Replies: 33
Views: 4923

Re: Cost of Estate Planning

Just did it. $1500
by kmurp
Sat Apr 22, 2017 5:34 am
Forum: Personal Consumer Issues
Topic: 2017 Mazda CX-5 vs. 2017 Honda CRV
Replies: 17
Views: 4435

Re: 2017 Mazda CX-5 vs. 2017 Honda CRV

We have the prior generation crv. We picked it primarily due to the large cargo volume which really comes in handy for us ( it replaced a minivan). If that's important to you, go crv. If not, pick the one you like. As an aside, rented a Mazda 3 for a week recently in California and it was a much nic...
by kmurp
Mon Apr 17, 2017 9:15 am
Forum: Personal Consumer Issues
Topic: Home Insurance Premium - How to decrease.
Replies: 41
Views: 4659

Re: Home Insurance Premium - How to decrease.

$1100 on a 500k home seems pretty reasonable. I pay that much for a 300k home after shopping around last year and switching everything from Geico to Liberty Mutual.
by kmurp
Sun Apr 16, 2017 5:07 am
Forum: Personal Consumer Issues
Topic: Insurance, doctors and writing off owed money
Replies: 21
Views: 2248

Re: Insurance, doctors and writing off owed money

I believe that the doctor is taking a risk with the insurance company by not pursuing the bill as he is contracted with them to do so. Medicare, for example, frowns on this.
by kmurp
Thu Apr 13, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: 529/son got accepted to medical school whahoooo!
Replies: 30
Views: 4142

Re: 529/son got accepted to medical school whahoooo!

Put it in bonds or an age based fund if they have it.
by kmurp
Tue Apr 04, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed Gifting a car to a daughter who is moving out of state
Replies: 12
Views: 924

Re: Advice needed Gifting a car to a daughter who is moving out of state

She will need insurance as well. When I did this last year (ny to mass), we had to take her off our family policy and she had to get her own mass based policy.
by kmurp
Fri Mar 31, 2017 7:59 am
Forum: Personal Consumer Issues
Topic: Health Insurance two states NY and NM
Replies: 8
Views: 944

Re: Health Insurance two states NY and NM

Agree on the PPO. Our plan is with a local non profit insurer in upstate ny but our plan has a national network rider that is widely accepted. I know it's accepted in Boston where my daughter lives (she's on our plan).
by kmurp
Mon Mar 27, 2017 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: NYS medicaid Pre 65 - no asset test?
Replies: 17
Views: 1459

Re: NYS medicaid Pre 65 - no asset test?

In my area of upstate NY we have a very strong locally run Medicaid managed care program. I don't think getting care is a problem at all around here. We are in an area that's large for this region. Plenty of docs to see. Most hospitals own medical practices and all of those accept Medicaid.
by kmurp
Sun Mar 26, 2017 8:40 am
Forum: Personal Consumer Issues
Topic: thoughts on in-ceiling speakers?
Replies: 48
Views: 5476

Re: thoughts on in-ceiling speakers?

Our in ceiling speakers stopped working maybe five years after installation. Would never do it again.
by kmurp
Wed Mar 22, 2017 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Gross Yearly Income needed in Retirement (Speculation)
Replies: 194
Views: 23706

Re: Gross Yearly Income needed in Retirement (Speculation)

Just started tracking expenses but I hope to have post tax around 37% of my current gross income.
by kmurp
Mon Mar 20, 2017 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Getting company to change 401k custodian
Replies: 15
Views: 1177

Re: Getting company to change 401k custodian

Likely it's the plan advisor who may be working under an AUM model. It would be interesting to find out which level of fiduciary responsibility they are operating under. The best bet would be to lobby for a three fund portfolio to be added. I would not accept high ER index funds. Try to find out who...
by kmurp
Wed Mar 15, 2017 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help with measly 401k options
Replies: 9
Views: 697

Re: Help with measly 401k options

I didn't know retirement accounts used class C shares of mutual funds. I'd use the index fund.
by kmurp
Wed Mar 15, 2017 7:37 am
Forum: Personal Consumer Issues
Topic: What to do with all these passwords ?
Replies: 125
Views: 14030

Re: What to do with all these passwords ?

So with 1password: if the passwords are not stored in the cloud, how do you access them from your iPhone /iPad ? Also, does it work with stand alone apps or just browsers?
I'm using apple keychain at the moment.
by kmurp
Tue Mar 14, 2017 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Is the Vanguard Balanced Index Fund all you need?
Replies: 58
Views: 11514

Re: Is the Vanguard Balanced Index Fund all you need?

I think this fund or something similar with a lower equity exposure. I know from experience that I too often don't rebalance.
by kmurp
Sun Mar 12, 2017 2:06 pm
Forum: Personal Consumer Issues
Topic: 2017 Honda CRV: anyone shopping or buying?
Replies: 26
Views: 5329

Re: 2017 Honda CRV: anyone shopping or buying?

We have a 2012 crv. The main reason we picked it is that it had the largest cargo capacity in its class. If the new one is still the largest in that area, that can be an important consideration for some people.
by kmurp
Sat Mar 11, 2017 7:24 am
Forum: Investing - Theory, News & General
Topic: On Buying Used Cars and Using a Financial Advisor
Replies: 51
Views: 4261

Re: On Buying Used Cars and Using a Financial Advisor

I do not use a paid advisor though I do check in once a year or so for a discussion with Lincoln Financial who runs the retirement program where I work and with an advisor from TIAA where I have funds from a previous retirement plan. There is no charge for reviewing my situation with Lincoln or TIA...