Search found 6542 matches

by Ron
Wed May 27, 2020 7:30 am
Forum: Personal Investments
Topic: Any retirees get through Covid crisis without large cash reserve?
Replies: 63
Views: 4238

Re: Any retirees get through Covid crisis without large cash reserve?

Back in early 2007 when I retired, my wife/me had 3-4 years in cash in our retirement portfolios (held in MM funds) to cover our forecast expenses. We were both age 59 at that time without any income other than that derived from our respective retirement portfolios. The cash served us well during th...
by Ron
Tue May 26, 2020 10:00 am
Forum: US Chapters
Topic: MEMORIAL DAY
Replies: 35
Views: 2779

Re: MEMORIAL DAY

by Ron
Sun May 24, 2020 7:32 am
Forum: Investing - Theory, News & General
Topic: Delayed Retirement Credits
Replies: 12
Views: 1056

Re: Delayed Retirement Credits

Well that s*c*s :evil:

- Ron
by Ron
Sun May 24, 2020 6:41 am
Forum: Investing - Theory, News & General
Topic: Delayed Retirement Credits
Replies: 12
Views: 1056

Re: Delayed Retirement Credits

Hi, Ron, thanks for the details, but I'm still a bit confused. It appears that you are saying that your Wife received no 8% increase from 67, 68, 69 and 70, but then in another sentence you said she did. I'm just trying to figure out if the article was correct because I've never heard that before. ...
by Ron
Sat May 23, 2020 9:17 am
Forum: Investing - Theory, News & General
Topic: Delayed Retirement Credits
Replies: 12
Views: 1056

Re: Delayed Retirement Credits

The article is a bit misleading, even though I'm sure it wasn't intended. As an example, my wife/me took advantage of the old file/suspend/delay process, but it still applies today under the current rules when filing against a spousal record. When my wife started getting SS benefits based upon my FR...
by Ron
Wed May 13, 2020 2:14 pm
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 10811

Re: Dentist charges $10 for PPE

<snip...> Up-charging for PPE is ridiculous and already included in their base business case. This reminds me of the rental car companies charging an 'Energy Surcharge' when crude oil was above $100/bbl. Guess what is still on the bill now more than a decade later??? Sort of like the Johnstown Floo...
by Ron
Fri May 08, 2020 9:05 am
Forum: Personal Finance (Not Investing)
Topic: 15 year mortgage vs 30 year payoff in 15
Replies: 41
Views: 3379

Re: 15 year mortgage vs 30 year payoff in 15

I would go with the 30 year. You can enforce ‘discipline’ by putting the payments on automatic payment. Instead of making annual payments just add extra to every monthly payment. Exactly what we did for our current/retirement home. Went for the 30-year (at 6.875% at the time). We chose to make extr...
by Ron
Wed May 06, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Dealer won’t give back car titled in my name, how to proceed?
Replies: 71
Views: 5761

Re: Dealer won’t give back car titled in my name, how to proceed?

Sounds like we'll be seeing you on Judge Judy :mrgreen:

- Ron
by Ron
Tue May 05, 2020 11:37 am
Forum: Personal Consumer Issues
Topic: Is there anything more environmentally friendly than Drano for unclogging a drain?
Replies: 80
Views: 4790

Re: Is there anything more environmentally friendly than Drano for unclogging a drain?

I haven't used Draino or similar in years and use a zip plastic drain tool. Cheap and easy. https://www.menards.com/main/plumbing/drain-cleaning-tools/plumbing-snakes-augers/cobra-reg-zip-it-drain-tool-2-pack/00440bl-00140bl/p-1444426687256-c-8514.htm +1 :thumbsup Used a similar tool from my local ...
by Ron
Tue Apr 28, 2020 12:45 pm
Forum: Investing - Theory, News & General
Topic: SS as part of Asset Allocation?
Replies: 41
Views: 2032

Re: SS as part of Asset Allocation?

My wife/me are in our early 70's and we don't include SS in our target AA. Our respective age-70 SS, along with all other sources of retirement income (pensions, SPIA, VA disability, company retirement medical cash contributions, etc.) account for a bit more than our forecast annual expenses. Accord...
by Ron
Wed Apr 22, 2020 2:38 pm
Forum: Investing - Theory, News & General
Topic: Social Security and AA
Replies: 7
Views: 496

Re: Social Security and AA

It depends upon your financial situation and how much of your budgeted retirement expenses are covered by all sources of retirement income. My wife/me each have five sources of retirement income which more than cover our projected annual expenses. In our case, blindly following the advice so often s...
by Ron
Wed Apr 22, 2020 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Parents want me to pay off their mortgage in exchange for title
Replies: 102
Views: 9219

Re: Parents want me to pay off their mortgage in exchange for title

So you are going to pay for your own (possible) inheritance?

Got it!

- Ron
by Ron
Mon Apr 20, 2020 10:37 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 72504

Re: Bogleheads community discussion - Coronavirus

"This is the way the world ends This is the way the world ends This is the way the world ends Not with a bang but a whimper." - "The Hollow Men" by T. S. Eliot (1925). Who would have thought just a few short months ago that this poem, written 95 years ago, would foretell today's challenges for a go...
by Ron
Wed Apr 15, 2020 11:13 am
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 351
Views: 27207

Re: [Government stimulus payments]

Our adult disabled son receives SSDI by direct deposit and does not file federal taxes. The "Get My Payment" website has no information for him yet as to eligibility for a payment. Check back later if you are a non-filer SS recipient. My son is in the same situation. The current news is that they w...
by Ron
Wed Apr 15, 2020 10:54 am
Forum: Personal Finance (Not Investing)
Topic: IRS Stimulus payment for SSI receivers
Replies: 4
Views: 403

Re: IRS Stimulus payment for SSI receivers

Does the OP mean SSI (Supplemental Security Income) or SS (Social Security)? They are two different programs with different rules. If the reference truly is for SSI, maybe the following link may help: https://www.aarp.org/retirement/social-security/info-2020/ssi-eligibility-stimulus-checks.html In m...
by Ron
Sun Apr 12, 2020 10:28 pm
Forum: Investing - Theory, News & General
Topic: How come an immediate annuity can pay a 60 year old 5.2% but if he had a 60/40 portfolio he can only take out 4% a year?
Replies: 60
Views: 4022

Re: How come an immediate annuity can pay a 60 year old 5.2% but if he had a 60/40 portfolio he can only take out 4% a y

That annuity is including a return of your own money (premium) in that 5.2% "return". It is not a true representation if you are looking at it as an investment, rather than an insurance product, which it actually is. Set up a spreadsheet showing the initial premium, the total annual payment, and the...
by Ron
Sat Apr 11, 2020 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 351
Views: 27207

Re: just got my $1200 stimulus payment

Odd thing happened to me last night. I receive Social Security retirement benefits and my SS direct deposit happens on the third Wednesday of each month. I have been receiving SS retirement payments for the last seven years and like clockwork, every third Wednesday. However, last night my April SS ...
by Ron
Mon Mar 30, 2020 8:41 am
Forum: Personal Consumer Issues
Topic: Convince me to choose a Suburban over a Sequoia
Replies: 87
Views: 35955

Re: Convince me to choose a Suburban over a Sequoia

David Jay wrote:
Mon Mar 30, 2020 7:33 am
TheOscarGuy wrote:
Mon Mar 30, 2020 6:25 am
:D There should be a 'staleness' visual for each thread, when people revive an old thread.
There is. On the home page there is a red “2014” in the first post column.
Unfortunately, opinions go on forever :twisted: ...

- Ron
by Ron
Sat Mar 28, 2020 10:38 am
Forum: Personal Consumer Issues
Topic: [Are Toyota and Honda Cars Superior?]
Replies: 16
Views: 1115

Re: Toyota cars and trucks are simply the best made vehicles that can easily go 200k miles!

Used to have a Dodge Dart with a 318 V8 and a vinyl roof that ran forever. :happy Memories.... Had a '69 Dodge Dart GT (273 2bl, also with the vinyl roof), which I purchased (as my first car) when I returned from Nam, at the age of 21. Two weeks after I bought the car, I was married to my HS sweeth...
by Ron
Thu Mar 26, 2020 8:35 am
Forum: Personal Consumer Issues
Topic: What is with the printer paper delivery times on Amazon?
Replies: 39
Views: 2319

Re: What is with the printer paper delivery times on Amazon?

rj49 wrote:
Wed Mar 25, 2020 10:49 pm
Hopefully everybody isn't hoarding printer paper as a toilet paper backup.
Imagine the paper cuts :annoyed ...

BTW, we get ours at the local grocery store.

- Ron
by Ron
Sun Mar 22, 2020 12:46 pm
Forum: Personal Investments
Topic: Annuities
Replies: 18
Views: 1137

Re: Annuities

<snip...> I know the fees are usually real high where do the insurance companies get the return to guaranty 4% or so? The quotes you see on https://www.immediateannuities.com/ include the interest plus the return of principal (premium paid). It is not based upon an IRR calculation. To perform that ...
by Ron
Fri Mar 20, 2020 9:56 am
Forum: Personal Consumer Issues
Topic: Live streaming home camera system/iphone?
Replies: 5
Views: 228

Re: Live streaming home camera system/iphone?

https://smile.amazon.com/Facebook-Portal-Calling-Screen-Display/dp/B07XPDYRRJ/ref=sr_1_11_sspa?crid=162EYERDMXOFL&keywords=video+conference+camera&qid=1584716004&sprefix=video+con%2Caps%2C167&sr=8-11-spons&psc=1&spLa=ZW5jcnlwdGVkUXVhbGlmaWVyPUExTlFVSVYzNjA3VzlOJmVuY3J5cHRlZElkPUEwNTEyNDQwMkJYSEFDNVN...
by Ron
Thu Mar 19, 2020 7:51 am
Forum: Personal Investments
Topic: Do you have to "prep" your 401k for an IRA rollover?
Replies: 5
Views: 293

Re: Do you have to "prep" your 401k for an IRA rollover?

When I/wife retired many years ago, we simply notified FIDO (our respective company's 401(k) administrator) to transfer all current holdings from our employers plan to a rollover IRA in each of our names.

Took one phone call; no problems at all.

- Ron
by Ron
Wed Mar 18, 2020 9:25 am
Forum: Personal Investments
Topic: The Black Swan is Here
Replies: 153
Views: 16828

Re: The Black Swan is Here

watchnerd wrote:
Mon Mar 16, 2020 3:29 pm
I don't know why swans are always getting blamed for this stuff.

What did they ever do to anyone?

I'd much rather blame it on albino crocodiles.

They're mean.
Exactly; Black Swans are quite common in Australia:

https://en.wikipedia.org/wiki/Black_swan

- Ron
by Ron
Tue Mar 17, 2020 10:52 am
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 128996

Re: Coronavirus (Consumer Issues) How you are preparing?

This entire thread reminds me of the ending lines from the poem "The Hollow Men" by T.S. Eliot:

This is the way the world ends
This is the way the world ends
This is the way the world ends
Not with a bang but a whimper.


- Ron
by Ron
Tue Mar 17, 2020 8:58 am
Forum: Personal Consumer Issues
Topic: Take out food vs COVID 19
Replies: 95
Views: 6554

Re: Take out food vs COVID 19

And you, and others that refuse to stay home except for emergencies for 2-3 weeks, will likely prolong their pain for many months. Everybody needs to stay home including restaurant workers. We could send them all on luxury all expense paid stay-vacations for far less than the cost of prolonging thi...
by Ron
Tue Mar 17, 2020 8:11 am
Forum: Personal Consumer Issues
Topic: Take out food vs COVID 19
Replies: 95
Views: 6554

Re: Take out food vs COVID 19

I have and will continue to order take out from our normal sit in restaurants. Regardless of the prejudiced view of a lot of folks on this thread about the "quality" of folks in the service industry, I'll continue to support them as I'm allowed to do, by current standards. They already have a tough ...
by Ron
Mon Mar 16, 2020 9:52 am
Forum: Personal Consumer Issues
Topic: Inkjet Printers: Refilled and Third Party Cartridges
Replies: 22
Views: 896

Re: Inkjet Printers: Refilled and Third Party Cartridges

I've been buying recycled non-OEM inkjet cartridges from a site called 4inkjets for a few years, and have always been 100% satisfied, no issues. I have a 4-year old HP LaserJet printer/scanner, and I do an "average" amount of printing documents (no photos or heavy printing). I'd recommend that site...
by Ron
Sun Mar 15, 2020 8:01 am
Forum: Personal Investments
Topic: Income Annuities Now?
Replies: 10
Views: 762

Re: Income Annuities Now?

Who is selling 5 year annuities with a 3-4% APR??? Dale I got one here for 3.92% several months ago but it looks like the 5 year is down to 3.25 now. https://sslco.com/content/personal-choice The quote includes a return of your money (e.g. premium). To do a proper measurement of return, you should ...
by Ron
Sat Mar 14, 2020 9:58 am
Forum: Personal Investments
Topic: What are people who are using their portfolio for income doing?
Replies: 42
Views: 1942

Re: What are people who are using their portfolio for income doing?

retire57 wrote:
Sat Mar 14, 2020 9:38 am
Same thing we've always done as we only spend dividends.
Same here...

- Ron
by Ron
Fri Mar 13, 2020 2:13 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 128996

Re: Coronavirus (Consumer Issues) How you are preparing?

Don't need no stinking TP; just use the 3 seashell method! https://video.search.yahoo.com/search/video;_ylt=AwrJ7Fx12mteYMAA.nZXNyoA;_ylu=X3oDMTEyMmJjMThxBGNvbG8DYmYxBHBvcwMzBHZ0aWQDQjkzMTdfMQRzZWMDc2M-?p=three+shells+demolition+man&fr=mcafee&turl=https%3A%2F%2Ftse3.mm.bing.net%2Fth%3Fid%3DOVP.GA5HX...
by Ron
Wed Mar 04, 2020 3:20 pm
Forum: Investing - Theory, News & General
Topic: Money you put in the stock market is NEVER lost?
Replies: 95
Views: 3456

Re: Money you put in the stock market is NEVER lost?

While the OP has currently lost money, h/she still retains the same number of shares with the hope that they will revert (or increase) to the original value in the future. Hope is not lost (assuming you don't sell shares in a downturn :wink: ). It comes back to the question often posed of do you hav...
by Ron
Wed Mar 04, 2020 3:11 pm
Forum: Investing - Theory, News & General
Topic: Money you put in the stock market is NEVER lost?
Replies: 95
Views: 3456

Re: Money you put in the stock market is NEVER lost?

cheese_breath wrote:
Wed Mar 04, 2020 2:46 pm
So if I lose my dog and get another one I haven't lost my dog.
But if your first dog returns, you get to double dog dare me :oops: ...

- Ron
by Ron
Wed Mar 04, 2020 3:07 pm
Forum: Personal Investments
Topic: Do Insurance Companies Limit How Much of Your 401K Savings You Can Invest in a SPIA?
Replies: 9
Views: 795

Re: Do Insurance Companies Limit How Much of Your 401K Savings You Can Invest in a SPIA?

Yes, at least FIDO did when we applied for my/our first (joint life) SPIA back in 2007. We had to "attest" that the price of the premium did not exceed 50% of the total retirement holdings (401(k)s, IRA's, etc.) value that we held at the time of application. At the time, our premium was 10% of our t...
by Ron
Wed Mar 04, 2020 11:43 am
Forum: Personal Finance (Not Investing)
Topic: How quickly did you receive your 2019 tax refund?
Replies: 111
Views: 8263

Re: How quickly did you receive your 2019 tax refund?

We also filed/accepted on the 13th (using Turbo-tax) and the deposit made today, using the full 21 day estimate as published by the IRS.

We had a substantial (planned) refund, and I'm sure that's the reason why our deposit went the full three weeks...

- Ron
by Ron
Wed Feb 19, 2020 12:43 pm
Forum: Personal Consumer Issues
Topic: Fidelity landing page - accounts randomly missing
Replies: 37
Views: 2074

Re: Fidelity landing page - accounts randomly missing

I'm also seeing problems with cash transfers. Only external accounts (eg my credit union) and no Fidelity accounts are listed in the "Transfer From" field. They had the same problem last Wednesday when I wanted to transfer from FIDO to my CU. I did the transfer with my/their phone app; no problem. ...
by Ron
Wed Feb 19, 2020 9:40 am
Forum: Personal Finance (Not Investing)
Topic: when to apply for SS at 70; now on spousal benefits
Replies: 4
Views: 730

Re: when to apply for SS at 70; now on spousal benefits

mhalley wrote:
Wed Feb 19, 2020 2:54 am
I think she needs to file online or by phone 3 mos prior to 70th birthday.
Exactly...

Remember, she is currently collecting SS on your record - not hers. She needs to file an application that will be processed against her record.

-Ron
by Ron
Wed Feb 19, 2020 8:37 am
Forum: Personal Consumer Issues
Topic: When To BackOut of RE Offer W/O Penalty
Replies: 18
Views: 1062

Re: When To BackOut of RE Offer W/O Penalty

You may forfeit a portion or all of the "earnest money" you deposited as part of the offer. I've walked away from a deal in the past and my $2k was retained by the seller under terms of the offer. That was my "fine" for keeping the property off the market when it could have been purchased by another...
by Ron
Mon Feb 17, 2020 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Pushing SS Income Into Next Year
Replies: 12
Views: 990

Re: Pushing SS Income Into Next Year

I'm considering the same strategy. I would like to do one last large Roth conversion this year, so we plan to file for Social Security in December, with 6 months of retroactive benefits for myself and 6 months of retroactive spousal benefits for my DH. I'm interested to read the replies to your que...
by Ron
Mon Feb 17, 2020 9:58 am
Forum: Investing - Theory, News & General
Topic: When did (will) your accumulation phase end?
Replies: 36
Views: 3372

Re: When did (will) your accumulation phase end?

Contribution phase? May 1, 2007 - the date of my retirement.

Accumulation phase? The day I die. Up to that point, my retirement investments will continue to accumulate - through increases in value due to upticks in the market, along with reinvestment of dividends/cap gains.

- Ron
by Ron
Sat Feb 15, 2020 1:13 pm
Forum: Personal Investments
Topic: Cash out refi paid for home?
Replies: 11
Views: 671

Re: Cash out refi paid for home?

Don’t do it ! many people did the same thing during the dot com era using house equities for stock and got burned hard. With no mortgage I rather be in 100% equities for another 15 years. Exactly. During the late 90's, when the NASDAQ was going through the roof, many people I worked with were getti...
by Ron
Fri Feb 14, 2020 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Entry-Level Jobs with Pensions - What companies still offer pensions these days?
Replies: 155
Views: 12330

Re: Entry-Level Jobs with Pensions - What companies still offer pensions these days?

Union jobs... Before you say that they are not "professional" positions, you're correct. However, we had a lot of long time employees that started out as teachers. The reality was that those in the union were paid much more (vehicle assembly) than the local teacher (also represented by unions) pay s...
by Ron
Fri Feb 14, 2020 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: PSA Form 8606 available on TurboTax
Replies: 18
Views: 1380

Re: PSA Form 8606 available on TurboTax

suemarkp wrote:
Fri Feb 14, 2020 3:12 pm
Same happened to me. Updated turbo tax last night and all forms are complete. No email from turbo tax letting me know it was ready...
Received notification around 5 PM EST.

- Ron
by Ron
Wed Feb 12, 2020 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: [Turbotax says I have to wait for form 8606]
Replies: 19
Views: 2429

Re: [Turbotax says I have to wait for form 8606]

It's available; just updated and filed my Federal this evening.

- Ron
by Ron
Sat Feb 08, 2020 2:33 pm
Forum: Personal Consumer Issues
Topic: Would you drive without a spare tire?
Replies: 193
Views: 11297

Re: Would you drive without a spare tire?

Or, you can just use tires without air - another future innovation...

https://www.youtube.com/watch?v=GIYFf6Bmpis

- Ron
by Ron
Sat Feb 01, 2020 4:35 pm
Forum: Personal Consumer Issues
Topic: What's the difference between Uber and Lyft?
Replies: 63
Views: 5315

Re: What's the difference between Uber and Lyft?

From what i can tell - one has 4 letters and the other 5, Lyft I think is a better scrabble score. Other than that I don't notice anything that matters. In fact, half of the drivers I have used have both program running. On the Lyft web site it doesn't give you the option to select the type of cars...
by Ron
Mon Jan 20, 2020 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security sigining up
Replies: 4
Views: 783

Re: Social Security sigining up

See the following current discussion:

viewtopic.php?f=2&t=301246

- Ron
by Ron
Mon Jan 20, 2020 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Social Security at 70 if you filed and suspended
Replies: 12
Views: 1615

Re: Social Security at 70 if you filed and suspended

I started my age 70 SS two years ago, but there was a small "glitch" in the process. While I contacted SS in early January (when I turned 70, with my first deposit expected in February on the first pay cycle of the month), they said I didn't need to do anything since the process was "automatic". Wel...
by Ron
Sun Jan 19, 2020 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Why retire?
Replies: 267
Views: 16864

Re: Why retire?

Please, never retire (it helps my current/future Social Security funding) :mrgreen: ...

- Ron
by Ron
Mon Jan 13, 2020 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: RMD Distribution: All in one go or spread out over year?
Replies: 12
Views: 1521

Re: RMD Distribution: All in one go or spread out over year?

Since the vast amount of dividends we receive fall into the last three weeks of the financial year, we take care of our respective RMD's on the first business day of the new year with those cash dividends from our TIRA's (we reinvest all dividends for our respective Roth IRA's as received during the...