Search found 1797 matches

by bengal22
Wed Nov 13, 2019 12:45 am
Forum: Personal Finance (Not Investing)
Topic: How do wills work (in a case like mine)
Replies: 17
Views: 1302

Re: How do wills work (in a case like mine)

I am surprised if your bank or brokerage account won't allow you to name a secondary beneficiary. That way your child gets the monies if both you and your wife dies.. with a will you will have to go through probate and the court will bless the passing on of your estate. If the executor does not have...
by bengal22
Sun Nov 03, 2019 4:46 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1551
Views: 164469

Re: [What TV Show Have You Recently Watched?]

Currently enjoying The Good Place season 3 and Silicon Valley season 5. Love them both.
by bengal22
Sun Nov 03, 2019 4:43 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4104
Views: 1170261

Re: What Book Are You Currently Reading? Part VI

"Mastering Stand-Up" by Stephen Rosenfield. In November, I will be taking Rosenfield's stand-up class in NYC, and this book provides an excellent preparation. Those who can't make it to New York should read it for an excellent coverage of all aspects of stand-up, including looking for humor in your...
by bengal22
Thu Oct 31, 2019 7:15 pm
Forum: Personal Investments
Topic: If I save $65,000 a year for the next 25 years
Replies: 34
Views: 4217

Re: If I save $65,000 a year for the next 25 years

If you are disciplined enough to save 65K a year you will easily figure out how to survive your retirement.
by bengal22
Tue Oct 29, 2019 3:30 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1551
Views: 164469

Re: [What TV Show Have You Recently Watched?]

First 2 episodes of HBO's Watchmen is great
by bengal22
Mon Oct 28, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Medical billing vent
Replies: 9
Views: 1153

Re: Medical billing vent

My college daughter is out of state. She went to the orthopedist. When she got the bill, the receptionist was surprised it was so high. I got the EOB, logged into their payment sit and found a bill for $550 yet my cost was actually $29.77. So I called the office today. The billing apologized saying...
by bengal22
Mon Oct 28, 2019 3:52 pm
Forum: Personal Consumer Issues
Topic: Folks age between 65-70. What’s your exercise routine
Replies: 44
Views: 4457

Re: Folks age between 65-70. What’s your exercise routine

Pickleball 4-5 days a week. Highly addictive it is .
by bengal22
Mon Oct 28, 2019 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Help Dad do estate planning math and make adjustments
Replies: 45
Views: 2594

Re: Help Dad do estate planning math and make adjustments

If Dad wants to bequeath equally he should gift at value of real estate given to #1. At the time he gifted it to her. E mail makes no sense to me. Dad didn't gift the real estate, Mom did. Broken Man 1999 I did not say Dad did. If he wants to bequeath equally to all 3 children he should bequeath 2 ...
by bengal22
Mon Oct 28, 2019 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Help Dad do estate planning math and make adjustments
Replies: 45
Views: 2594

Re: Help Dad do estate planning math and make adjustments

If Dad wants to bequeath equally he should gift at value of real estate given to #1. At the time he gifted it to her. E mail makes no sense to me.
by bengal22
Thu Oct 24, 2019 8:53 pm
Forum: Personal Consumer Issues
Topic: Restaurant suggestions for business dinner in Oklahoma City
Replies: 21
Views: 1400

Re: Restaurant suggestions for business dinner in Oklahoma City

Mahogany is great and would be perfect for business
by bengal22
Thu Oct 24, 2019 11:40 am
Forum: Personal Investments
Topic: Top tax bracket for life, taking RMDs, stop making 401k contributions?
Replies: 22
Views: 1871

Re: Top tax bracket for life, taking RMDs, stop making 401k contributions?

Being in the top tax bracket in retirement is not a bad problem to have
by bengal22
Wed Oct 23, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Executor for parent in Florida seeking guidance
Replies: 46
Views: 3199

Re: Executor for parent in Florida seeking guidance

From my experience, credit card and medical bills are not owed after someone dies. In an earlier reply I recommended prepaying funeral expenses. If siblings get a long then any other expenses could be split among those inheriting funds. If not then OP could set up a joint checking account with DAD t...
by bengal22
Tue Oct 22, 2019 2:42 pm
Forum: Personal Consumer Issues
Topic: Impact of filing a claim under home owners policy
Replies: 10
Views: 865

Re: Impact of filing a claim under home owners policy

I had roof claim, 2 sump pump claims, 1 water heater issue(4 different houses) and my rate never went up. I have State Farm. This is over a 40 year period.
by bengal22
Tue Oct 22, 2019 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Executor for parent in Florida seeking guidance
Replies: 46
Views: 3199

Re: Executor for parent in Florida seeking guidance

Great thread. Been reading the Nolo book on Estate Planning and they recommend placing the house in a Living Trust to avoid probate and expedite transfer of title. Thoughts on that? How difficult is it to sell a house in probate? While there are probate horror stories, I have done probate in Florid...
by bengal22
Tue Oct 22, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Executor for parent in Florida seeking guidance
Replies: 46
Views: 3199

Re: Executor for parent in Florida seeking guidance

Great thread. Been reading the Nolo book on Estate Planning and they recommend placing the house in a Living Trust to avoid probate and expedite transfer of title. Thoughts on that? How difficult is it to sell a house in probate? While there are probate horror stories, I have done probate in Florid...
by bengal22
Mon Oct 21, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Executor for parent in Florida seeking guidance
Replies: 46
Views: 3199

Re: Executor for parent in Florida seeking guidance

This is how I would do it. I would establish beneficiaries for all of my financial investments. I would set up TOD on car and house. I would prepay funeral. I would have it all set up so all assets transfer at the time of his passing. I would not contact a lawyer. I would avoid probate by not having...
by bengal22
Sun Oct 20, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: Wallets [Do you carry a wallet?]
Replies: 102
Views: 8150

Re: Wallets [Do you carry a wallet?]

I have a George Costanza wallet. It is Handy for storing old receipts, appointment cards, random papers, and a little cash.
by bengal22
Fri Oct 18, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Pay off Mortgage Before Retiring vs. Taxable Investing
Replies: 38
Views: 3567

Re: Pay off Mortgage Before Retiring vs. Taxable Investing

I took a 15 year mortgage when I retired. But it represented about 7 percent of my net worth. Interest rate is 3.25. It did not really matter which way I went.
by bengal22
Wed Oct 16, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial agreement for moderately successful 30 year olds
Replies: 68
Views: 4996

Re: Prenuptial agreement for moderately successful 30 year olds

So I guess I fall into the "older boglehead" category but I think that any marriage that begins with a lawyer designing an escape plan is destined to fail. By having 2 lawyers designing it a couple is clearly getting the expectation of what a "her" team and "his" team will look like. Negotiations wi...
by bengal22
Tue Oct 15, 2019 9:49 pm
Forum: Investing - Theory, News & General
Topic: Edward Jones presentation at the senior center
Replies: 44
Views: 6533

Re: Edward Jones presentation at the senior center

I remember way back when I was in college being bombarded with companies wanting to sign me up with a credit card. That seems equally shady as the EJ rep in a retirement center.
by bengal22
Tue Oct 15, 2019 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: from a Community Foundation or my own checkbook
Replies: 9
Views: 639

Re: from a Community Foundation or my own checkbook

Thank you all. The advantage of a local foundation is that you can bundle your giving (group into 1 year for tax deduction but dispurse over multiple year). The Dayton Foundation checkbook plan is very flexible. You can set up auto giving, there is no fee, they do not take a cut, you can give anony...
by bengal22
Tue Oct 15, 2019 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity DAF--how to minimize fees
Replies: 27
Views: 2330

Re: Fidelity DAF--how to minimize fees

I have a Fidelity DAF. In order to get me over the standard deduction, I bundle my contributions to the DAF by contributing to it every other year. The Fidelity DAF fees are $100 or 0.6%, whichever is higher. In order to minimize my DAF fees, should I keep the balance in the DAF at or near zero--i....
by bengal22
Tue Oct 15, 2019 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity DAF--how to minimize fees
Replies: 27
Views: 2330

Re: Fidelity DAF--how to minimize fees

I have a Fidelity DAF. In order to get me over the standard deduction, I bundle my contributions to the DAF by contributing to it every other year. The Fidelity DAF fees are $100 or 0.6%, whichever is higher. In order to minimize my DAF fees, should I keep the balance in the DAF at or near zero--i....
by bengal22
Tue Oct 15, 2019 9:49 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4792
Views: 1245471

Re: What Movie Have You Recently Watched?

Just watched Light of my Life about a father and daughter existing in a post plaque world where almost all females perished. A very simple, slow moving touching story. I thought it was a very good movie with a positive feminine message. Thanks, just added this to my Netflix queue. When I saw the co...
by bengal22
Tue Oct 15, 2019 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Risk Aversion
Replies: 12
Views: 771

Re: Risk Aversion

Really hard to relate to what "risk averse" means. Does it mean OP is now 80/20 stocks and he was 90/10? Many of us rachet back some(age -15 in bonds for instance.) But are we then saying that a 60/40 stock AA is comparable to a compulsive gambler? Is a 30/70 stock AA more rational than a 70/30 AA? ...
by bengal22
Mon Oct 14, 2019 7:51 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4792
Views: 1245471

Re: What Movie Have You Recently Watched?

Just watched Light of my Life about a father and daughter existing in a post plaque world where almost all females perished. A very simple, slow moving touching story. I thought it was a very good movie with a positive feminine message.
by bengal22
Mon Oct 14, 2019 7:43 am
Forum: Personal Investments
Topic: How much to hold in cash?
Replies: 54
Views: 8045

Re: How much to hold in cash?

I don't hold cash because I consider everything but my home accessible. My credit card can handle any emergency and I can convert my taxable funds within 1-2 days.
by bengal22
Sun Oct 13, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: What workout equipment to get?
Replies: 63
Views: 4671

Re: What workout equipment to get?

FrugalInvestor wrote:
Sun Oct 13, 2019 11:29 am
bengal22 wrote:
Sun Oct 13, 2019 11:02 am
Buy a pickleball paddle for $80.
notmyhand wants to exercise at home. I don't think the paddle will do much good there.
Half the fun of pickleball is social. Good to get out to work out and meet people.
by bengal22
Sun Oct 13, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: Consumer Reports
Replies: 36
Views: 3393

Re: Consumer Reports

Never trusted CR car reviews. They were biased against domestic automakers.
by bengal22
Sun Oct 13, 2019 11:02 am
Forum: Personal Consumer Issues
Topic: What workout equipment to get?
Replies: 63
Views: 4671

Re: What workout equipment to get?

Buy a pickleball paddle for $80.
by bengal22
Sat Oct 12, 2019 4:48 pm
Forum: Personal Investments
Topic: Retirees, when did you start really planning your retirement?
Replies: 53
Views: 5007

Re: Retirees, when did you start really planning your retirement?

Not sure if I did much planning. Always was a saver. Focused on my career to maximize income. When I retired I had to strategize health care until I hit Medicare age. Decided to have wife claim SSA at 62 and I did spousal at FRA. I will claim mine at 70 and wife will do spousal at that time. Did Rot...
by bengal22
Fri Oct 11, 2019 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard keeps pushing their financial advisors...why?
Replies: 93
Views: 7562

Re: Vanguard keeps pushing their financial advisors...why?

Another example is thar TIAA is still non-profit, and it is still a good company but it is not the same anymore once it hired wall street types as CEOs. Are you sure about that? My understanding is that TIAA lost its non-profit status in the late 1990's. As for Vanguard, the cynic in me says that s...
by bengal22
Fri Oct 11, 2019 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard keeps pushing their financial advisors...why?
Replies: 93
Views: 7562

Re: Vanguard keeps pushing their financial advisors...why?

meercat8 wrote:
Fri Oct 11, 2019 12:24 pm
I know I can delete these weekly emails from Vanguard, I am just wondering why they recently started pushing this, and if any other changes are in the works at Vanguard. Anyone know?
$$$$. What else?
by bengal22
Thu Oct 10, 2019 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Married with Separate bank accounts
Replies: 44
Views: 3749

Re: Married with Separate bank accounts

michaeljc70 wrote:
Thu Oct 10, 2019 8:21 pm
bengal22 wrote:
Thu Oct 10, 2019 7:41 pm
Married 43 years and we have been joint since day 1. Can't imagine not comingling our funds and as a team handling the family expenses and investments.
What if was your 2nd "team" or 3rd "team? Pretty common these days.
Won't be a second team.
by bengal22
Thu Oct 10, 2019 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Calculators
Replies: 13
Views: 1848

Re: Retirement Calculators

Used Fidelity's and it works for me.
by bengal22
Thu Oct 10, 2019 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Married with Separate bank accounts
Replies: 44
Views: 3749

Re: Married with Separate bank accounts

Married 43 years and we have been joint since day 1. Can't imagine not comingling our funds and as a team handling the family expenses and investments.
by bengal22
Mon Oct 07, 2019 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: POA Reimbursement
Replies: 48
Views: 3003

Re: POA Reimbursement

I am POA for my elderly mom and I plan to reimburse myself once I exceed all of the time and effort and money that she put into my first 18 years. She will be 107 when that occurs.
by bengal22
Sat Oct 05, 2019 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: How does joint account registration work after death?
Replies: 5
Views: 875

Re: How does joint account registration work after death?

If she dies the account is yours and accessible to you.
by bengal22
Fri Oct 04, 2019 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Transitioning Job - Question about Tail Coverage [Medical malpractice]
Replies: 9
Views: 841

Re: Transitioning Job - Question about Tail Coverage

bruingent wrote:
Fri Oct 04, 2019 8:41 am
I am transitioning from one job to another.  I am working on obtaining Tail Coverage for my previous job.  I was wondering how many years of the extended reporting period is generally appropriate?  3years, 4 years, 5 years or unlimited?

Thanks
What is tail insurance and what was your job.
by bengal22
Wed Oct 02, 2019 9:43 am
Forum: Personal Investments
Topic: Retirees - do you hold extra cash for a bear market?
Replies: 93
Views: 9674

Re: Retirees - do you hold extra cash for a bear market?

Retired. No need for cash. My credit card is my emergency fund. I can sell from my taxable funds to pay CC bill.
by bengal22
Mon Sep 30, 2019 8:30 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4792
Views: 1245471

Re: What Movie Have You Recently Watched?

bearcub wrote:
Tue Sep 17, 2019 3:43 am
Soylant Green was on yesterday. Seems to be coming true hmmm..
How so?
by bengal22
Mon Sep 30, 2019 7:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguards push for PAS
Replies: 18
Views: 2866

Re: Vanguards push for PAS

This is Vanguard's marketing department take on their PAS. It is a profit driver for them and it locks consumers into Vanguard funds.
by bengal22
Mon Sep 30, 2019 7:05 pm
Forum: Personal Consumer Issues
Topic: Ponder this, BH's... is Ben & Jerry's worth it?
Replies: 142
Views: 11121

Re: Ponder this, BH's... is Ben & Jerry's worth it?

Paddygirl wrote:
Mon Sep 30, 2019 7:08 am
Graeters is THE best ice cream I've ever tasted. Black cherry and Chocolate. Hand crafted french pot ice cream. Worth every cent.
Amen to Graeter's
by bengal22
Mon Sep 30, 2019 7:02 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1551
Views: 164469

Re: [What TV Show Have You Recently Watched?]

Watching Glitch, an Australian made series about a small town where 7 dead folk mysteriously come back to life. Excellent so far. On Netflix.
by bengal22
Sun Sep 29, 2019 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Are banks required to freeze accounts when notified of account holder's death
Replies: 33
Views: 3732

Re: Are banks required to freeze accounts when notified of account holder's death

carolinaman wrote:
Sun Sep 29, 2019 6:59 am
If the account was a joint account, do they still freeze the account? I would hope not since the other account holder will likely need access to funds.
In my experience they do not freeze with a joint account
by bengal22
Wed Sep 25, 2019 5:30 pm
Forum: Personal Investments
Topic: Merrill Lynch Advisor wants to meet for coffee
Replies: 108
Views: 9513

Re: Merrill Lynch Advisor wants to meet for coffee

I will not do business with anyone that cold calls me. I will only do business with those I seek out. I am not afraid of being Jedi-mind gamed I just don't want to waste my time.