Search found 67 matches

by Viking65
Fri Apr 26, 2019 3:35 am
Forum: Personal Finance (Not Investing)
Topic: Taking over parental account; advice requested
Replies: 8
Views: 1182

Re: Taking over parental account; advice requested

You say that parent's time frame is most likely months. You could sell the dogs of the investment account to free up enough cash flow to meet the expected monthly shortfall for, say, the next 6 months, and not worry about the rest of the investments for now. Then pay the bills from that until it's g...
by Viking65
Mon Feb 11, 2019 5:21 am
Forum: Personal Investments
Topic: FIRE? Need second pair of Bogle-eyes for retirement plan
Replies: 22
Views: 2796

Re: FIRE? Need second pair of Bogle-eyes for retirement plan

- By my 67th birth date I will start receiving SS (from a European country, over the years worked there) of about $500 per month. - My wife will also be receiving about $500/month for European SS when she reaches the age of 67. Since you will be receiving a pension from a foreign country, your US S...
by Viking65
Mon Feb 11, 2019 4:45 am
Forum: Personal Consumer Issues
Topic: Passport Photos ?
Replies: 85
Views: 4271

Re: Passport Photos ?

I always do it at the post office because I will know for sure that it satisfies the requirement. Not necessarily. We had one made for my son at the PO last summer that was rejected. It was a big hassle because he was in summer camp and needed his new passport at the end of summer. I had to drive 3...
by Viking65
Wed Sep 26, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: First-time victim of credit card fraud
Replies: 48
Views: 4299

Re: First-time victim of credit card fraud

I've had fraud and then the replacement card already had fraudulent charges on it by the time I received it. Go figure that one out. But what was bought at Sam's? It is often quite interesting what the perps end up buying. Wow, now that is disturbing! OK, so I'll cut SWA a break if the system is re...
by Viking65
Wed Sep 26, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: First-time victim of credit card fraud
Replies: 48
Views: 4299

First-time victim of credit card fraud

Hi all, I had an urgent message from my bank yesterday. Called them and they had flagged 2 suspicious credit card transactions. One was for a single dollar (tester) and then another for about $160 at a SAM's Club the same day. Sure enough, these were definitely not ours. The card number used was DW'...
by Viking65
Fri Sep 21, 2018 3:59 am
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 51
Views: 7336

Re: Yet another CP2000 for Roth IRA conversion thread

OP here. I just wanted to circle back and close the loop. I called the IRS, and finally got to a human in their AUR department, and he confirmed that my 2016 return is now accepted as originally filed and that no additional taxes are due. While he stopped short of saying that it was an IRS matching ...
by Viking65
Thu May 24, 2018 3:44 am
Forum: Personal Consumer Issues
Topic: Can I join AARP and turn off all snail mail from them ?
Replies: 13
Views: 2124

Re: Can I join AARP and turn off all snail mail from them ?

DW and I find ourselves in exactly the same situation, and the junk mail issue is also of primary concern. So, (1) did you take the plunge, and (2) were you able to successfully mitigate the junk mail stream? Thanks for your responses. I'm still sitting on the fence about it. I love my AARP-free mai...
by Viking65
Wed May 16, 2018 2:31 am
Forum: Personal Consumer Issues
Topic: New motorcycle rider
Replies: 106
Views: 6947

Re: New motorcycle rider

Here's a link to a recent piece in the WaPo about an increase in organ donations in states that eased motorcycle helmet laws. https://www.washingtonpost.com/news/tripping/wp/2018/05/03/repealing-motorcycle-helmet-laws-does-have-a-health-benefit-more-organ-donors/?utm_term=.f121d4110660 Some docs cal...
by Viking65
Mon May 07, 2018 3:56 am
Forum: Personal Finance (Not Investing)
Topic: Elder Care Advice
Replies: 26
Views: 2699

Re: Elder Care Advice

Sorry to hear about your father's declining health and the difficulties for your mother and the rest of the family. First of all, realize that, as difficult as this is to be facing, you are in a far, far better position than most. Your parents have financial security, estate planning documents in pl...
by Viking65
Mon May 07, 2018 3:15 am
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 51
Views: 7336

Re: Yet another CP2000 for Roth IRA conversion thread

Same problem for 2016 and Roth IRA, my CPA called IRS and they are working to fix... IRS error OP here. Seems like a pattern emerging indicating a systematic bug at the IRS in matching the institutional-provided information with the 1040's, regardless of paper or efiled returns. I wrote a letter ba...
by Viking65
Wed Apr 18, 2018 1:52 am
Forum: Personal Consumer Issues
Topic: Online Fax Suggestions
Replies: 12
Views: 1487

Re: Online Fax Suggestions

DesertDiva wrote:
Mon Apr 16, 2018 3:54 pm
Yet another endorsement for FaxZero.
+4 for FaxZero. It does exactly what you are looking for. No fuss, no muss.
by Viking65
Tue Apr 17, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 51
Views: 7336

Re: Yet another CP2000 for Roth IRA conversion thread

Did you file electronically or by paper and mail? If by mail, your form 8606 probably was not entered as part of your tax return. I submitted the return by mail. I checked my copy of the mailed return and it definitely had both 8606s included. It would certainly explain the issue it if the IRS didn...
by Viking65
Tue Apr 17, 2018 3:22 am
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 51
Views: 7336

Re: Yet another CP2000 for Roth IRA conversion thread

This is very helpful. Thanks a lot!
by Viking65
Mon Apr 16, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 51
Views: 7336

Re: Yet another CP2000 for Roth IRA conversion thread

It does sound like you did everything correctly. It's unfortunate, but sometimes the IRS just screws up. Just to clarify, are Lines 16 & 17 of each of the 8606s $6,500? Yes, that is correct. So if I have in fact done everything correctly, how to I convince the IRS that I have done it correctly, asi...
by Viking65
Mon Apr 16, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 51
Views: 7336

Yet another CP2000 for Roth IRA conversion thread

Today I received the dreaded CP2000 letter from the IRS, stating that DW and I owe tax on $13000 of non-deductible IRA contributions entirely converted to our Roths. This is for tax year 2016. Unlike the other earlier threads on the subject I have read, it appears to me that both the 1040 and 8606 f...
by Viking65
Wed Apr 11, 2018 2:45 am
Forum: Personal Finance (Not Investing)
Topic: Interstate transfer of car title using POA
Replies: 3
Views: 556

Re: Interstate transfer of car title using POA

There might be a 3rd issue... are you abusing your POA by enriching yourself at your mother's expense? Why aren't you selling the car and adding the money to her account? There is no 3rd issue. And suggesting that I may be abusing the POA is unnecessarily harsh and not helpful. I asked for input on...
by Viking65
Tue Apr 10, 2018 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Interstate transfer of car title using POA
Replies: 3
Views: 556

Interstate transfer of car title using POA

My mother is no longer driving, nor is she competent due to advanced dementia. I am her designated attorney in fact, and have been managing all of her affairs under the provisions of her POA for a while now. Now that she is in an assisted living situation (memory care home), I can no longer leave th...
by Viking65
Tue Mar 13, 2018 8:45 am
Forum: Investing - Theory, News & General
Topic: T Rowe Price?
Replies: 29
Views: 3780

Re: T Rowe Price?

Yes. I have my entire portfolio with them: Taxable, Roth, 529, domestic, international, actively managed, index, and bond funds. I've been a customer for 40 years, and have absolutely no complaints. Yes, their ER's are higher than Vanguard, but their customer service is absolutely top notch. If I ev...
by Viking65
Fri Feb 16, 2018 7:31 am
Forum: Personal Consumer Issues
Topic: Summer Camps in Maine
Replies: 6
Views: 834

Re: Summer Camps in Maine

Both my kids, now 17 and 14 yo have spent the last 6 summers at "sleep-away" camp in Maine and New Hampshire, respectively. Overall it has been a truly enriching experience for them and us all as a family. A few thoughts. Yes, it IS expensive, and this certainly can pre-select (or pre-filter) for th...
by Viking65
Tue Dec 12, 2017 6:49 am
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 9642

Re: Snow Tires? Worth it?

Asked and answered. If you think you might need winter tires, you probably do. The collective wisdom here is correct. It is no time to be second guessing yourself when you hit the brake and...nothing happens...because your all season tires found nothing to grip. The helpless sinking feeling in pit i...
by Viking65
Thu Nov 30, 2017 3:23 am
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 7381

Re: How Do You Stay Current With Popular Music?

Snip... "Better yet, Radio Paradise ( https://www.radioparadise.com/rp_2.php?# ) plays a wide and interesting variety of old and new music, and it's sort of a hybrid between radio and Pandora-style streams: the music selection is curated by humans, but (on the phone app, at least) you get your own ...
by Viking65
Thu Sep 07, 2017 4:03 am
Forum: Investing - Theory, News & General
Topic: Do retiree BHs actually run down their portfolios?
Replies: 73
Views: 10872

Re: Do retiree BHs actually run down their portfolios?

But, frankly, do real-life BH retirees ever have declining portfolios? Yes, it can certainly happen. Keep in mind that you can't always control your withdraw rate, which may increase substantially later in life. I am currently dealing with a retired relative, who had a seven figure portfolio in add...
by Viking65
Sun Jun 11, 2017 7:21 am
Forum: Personal Investments
Topic: Joint bank account w/parent or not?
Replies: 29
Views: 4894

Re: Joint bank account w/parent or not?

If your parent is financially responsible, and there is a strong element of trust between you, I think it is a good idea. My mother added me to her normal checking account 15 years ago or more. I never thought much about it. But then, she has had a series of serious medical issues and associated cog...
by Viking65
Thu May 11, 2017 4:17 am
Forum: Personal Consumer Issues
Topic: Travel tips for first time visitors to England and France?
Replies: 55
Views: 7066

Re: Travel tips for first time visitors to England and France?

Its been a few years, but I have loved London Walks on several visits (http://www.walks.com/). Pick a theme you are interested, find a walk on the schedule, show up at the designated time and tube stop, and a guild will take you on a 2 hour-or-so walk with insightful and entertaining commentary. Its...
by Viking65
Mon May 08, 2017 4:13 am
Forum: Personal Finance (Not Investing)
Topic: Foreign Earned Income Exclusion, passive income, and standard deduction
Replies: 10
Views: 1661

Re: Foreign Earned Income Exclusion, passive income, and standard deduction

snip... I'm no tax expert but I'm preparing our taxes myself this year, and it seems that our standard deductions + personal exemptions ($20.7k in total) apply after the FEIE has been applied. Since the small amount of dividend income is less than our deductions, we won't owe any taxes of any sort o...
by Viking65
Mon Apr 24, 2017 1:30 pm
Forum: Personal Consumer Issues
Topic: Best Choices for a Summer Place in the Rockies
Replies: 15
Views: 2273

Re: Best Choices for a Summer Place in the Rockies

You might consider Glenwood Springs. About 10k residents,right on I-70, and about 1.5 hours east from Grand Junction and about 2.5 hours west of Denver. Lots of outdoor recreation activities, just down valley from several ski areas, including Aspen, and at about 5700 feet in elevation, summers are o...
by Viking65
Mon Apr 24, 2017 5:43 am
Forum: Personal Finance (Not Investing)
Topic: Mom's Universal Life Insurance – Keep or not?
Replies: 8
Views: 1499

Re: Mom's Universal Life Insurance – Keep or not?

OP here. Thanks to the replies this far. In regard to the premium going forward, the quote I received was only for the upcoming year. Very good points raised here about future premium increases. I will ask about a obtaining an in-force illustration on the policy and premiums. And yes, she is relativ...
by Viking65
Sat Apr 22, 2017 4:43 am
Forum: Personal Finance (Not Investing)
Topic: Mom's Universal Life Insurance – Keep or not?
Replies: 8
Views: 1499

Mom's Universal Life Insurance – Keep or not?

I have a question about my mother's life insurance policy. Sorry for the long post, but I want to be thorough. I think the right course of action is rather straightforward, but as I am quite ignorant about life insurance products other than term insurance, which I carry for myself, I thought I shoul...
by Viking65
Tue Apr 04, 2017 4:18 am
Forum: Personal Finance (Not Investing)
Topic: Got my second comma -- what is this anticlimactic feeling?
Replies: 55
Views: 8979

Re: Got my second comma -- what is this anticlimactic feeling?

Congratulations OP! We hit the same milestone of 2 commas with free and clear house a little later than you at age 49. That was 2 years ago, and we immediately poured the mortgage payment into extra savings and our NW has snowballed since then. Look at it this way: That one million will produce $40k...
by Viking65
Mon Feb 06, 2017 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 86687

Re: Quicken's future direction - a cause for concern

Important thread here. I have apparently squeaked in under the wire as I am still using Q2013. I enter all transactions manually. I hope I can find my original disk, as I may have to use Q2013 forever... But more likely I downloaded it; any ideas if I can still get the original download again???? I'...
by Viking65
Thu Dec 15, 2016 4:18 am
Forum: Personal Investments
Topic: Foreign earned income exclusion and US capital gains
Replies: 2
Views: 816

Re: Foreign earned income exclusion and US capital gains

You are correct. Even though you use the FEIE to shield your foreign income from US taxes, your capital gains tax rate is based on your MAGI, wherein your foreign income is, in fact, counted.
by Viking65
Mon Jan 18, 2016 5:40 am
Forum: Personal Consumer Issues
Topic: safe inexpensive secure password site
Replies: 31
Views: 3404

Re: safe inexpensive secure password site

For all the reasons previously mentioned, I would never keep a password manager in the cloud. For a local password manager I have used Password Safe for many years. It is a bare bones one-trick pony, but it does it's job perfectly well.
http://passwordsafe.sourceforge.net/index.shtml
by Viking65
Thu Dec 24, 2015 2:14 pm
Forum: Personal Consumer Issues
Topic: Scanning Film Negatives
Replies: 14
Views: 1874

Re: Scanning Film Negatives

There have been lots of threads on this very topic, including this one: https://www.bogleheads.org/forum/viewtopic.php?f=11&t=109803&p=1597873#p1596351 I have used goPhoto for about 5000 of our pre-digital negatives, slides and prints over the past 3 years and have generally been quite satisfied. Al...
by Viking65
Tue Nov 24, 2015 6:48 am
Forum: Personal Investments
Topic: Thoughts on paying Mortgage down vs Investing
Replies: 45
Views: 4571

Re: Thoughts on paying Mortgage down vs Investing

I enjoy these threads. I totally agree that this is a personal decision for everyone and one size does not fit all. There are the cold hard numbers to consider, but there also are strong psychological benefits, for some at least, to paying off early that running the numbers simply can’t account for....
by Viking65
Fri Oct 23, 2015 4:59 am
Forum: Non-US Investing
Topic: Merrill Lynch liquidating my dad's account
Replies: 19
Views: 3643

Re: Merrill Lynch liquidating my dad's account

When Vanguard froze my account, I was joint owner on three properties in the US. Vanguard said but your name isn't on the utilities, and I said that's handled by a management companNot ty. Wait a second and I will change it to my name I pleaded. OK my Flagship rep said, then compliance asked me for...
by Viking65
Thu Oct 22, 2015 2:19 pm
Forum: Non-US Investing
Topic: Merrill Lynch liquidating my dad's account
Replies: 19
Views: 3643

Re: Merrill Lynch liquidating my dad's account

Merely spending 'a significant amount of time' in France DOES NOT qualify dad as a non US resident. On his tax returns does he file as a foreign resident (via either bonafide or physical or physical presence tests)? If not, then ML is on shaky ground. I agree with an earlier poster that he is probab...
by Viking65
Tue Oct 20, 2015 7:54 am
Forum: Personal Investments
Topic: Wife’s inheritance actively managed, please help!!!
Replies: 74
Views: 7255

Re: Wife’s inheritance actively managed, please help!!!

OK, so things become clearer with this new information. If I understand correctly, this is not an inheritance (from the deceased FIL), but instead an account set up from the living MIL (after FIL died), populated with her annual gifts since 2007. In this case, if the account owner is your wife, and ...
by Viking65
Fri Aug 28, 2015 12:47 am
Forum: Personal Consumer Issues
Topic: Garmin maps for Italy?
Replies: 18
Views: 6237

Re: Garmin maps for Italy?

Thanks, ...I think I am getting close to deciding on a Europe map on a MicroSD card for about $100. This! I have a US-based (i.e. preloaded US maps) Garmin Nuvi, and got a Europe MicroSD for our trips. You simply snap the card into the Garmin and off you go. It costs a little, but if you are trying...
by Viking65
Mon Apr 13, 2015 1:57 am
Forum: Personal Consumer Issues
Topic: Password manager recommendations?
Replies: 86
Views: 14759

Re: Password manager recommendations?

linuxology wrote:PasswordSafe is a sourceforge product that is free. It is so great I have donated to the developer as it is one of the best I have used. It is local and not cloud based.
+1 Used it for years. Simple and safe.
by Viking65
Thu Apr 09, 2015 8:11 am
Forum: Personal Finance (Not Investing)
Topic: 2 commas and mortgage-free
Replies: 33
Views: 6399

Re: 2 commas and mortgage-free

Congratulations!...snip...You're now in the top 7% of all US households (top 2% by some counts, depending standards used) , or top 1% of all global households. Wow. I never thought about it that way. It's really strange to view it in that perspective. I don't feel rich, yet these statistics say so....
by Viking65
Thu Apr 09, 2015 7:03 am
Forum: Personal Finance (Not Investing)
Topic: 2 commas and mortgage-free
Replies: 33
Views: 6399

Re: 2 commas and mortgage-free

Congrats! Mind telling us how long did it take you to reach 1M and 2M from 100K, and what was your savings rate? OP here. Many thanks for your replies, support, and encouragement. There were also several questions, from those genuinely interested in seeing "how you got here from there". While I am ...
by Viking65
Wed Apr 08, 2015 3:44 am
Forum: Personal Finance (Not Investing)
Topic: 2 commas and mortgage-free
Replies: 33
Views: 6399

2 commas and mortgage-free

I just made my last mortgage payment 8 days ago. And last year we hit the 2-comma club (invested assets, excluding house equity). I had a long-term goal to reach these milestones by the time I turned 50, and made it with about 6 months to spare. Feeling much, much better about financial security. I ...
by Viking65
Thu Feb 05, 2015 3:42 am
Forum: Personal Consumer Issues
Topic: Approaching 50...What to expect?
Replies: 113
Views: 19341

Re: Approaching 50...What to expect?

I am not the OP, but am in a very similar situation - turning 50 this year. What a wonderful thread this is! The advice and wisdom are really interesting for me as I run headlong into my next decade. Thanks all.
by Viking65
Wed Jan 28, 2015 3:35 am
Forum: Investing - Theory, News & General
Topic: What mutual fund companies do you use?
Replies: 63
Views: 5875

Re: What mutual fund companies do you use?

T. Rowe Price. 100% incl. managed and indexed mutual funds, brokerage, and 529. I have been with them for decades. Consistent and top-notch customer service and conservative management justifies the slightly higher ERs IMO. I considered a switch to Vanguard some years ago but decided against it. I a...
by Viking65
Mon Dec 29, 2014 11:24 am
Forum: Personal Investments
Topic: realize cap gain to write off against cap loss
Replies: 13
Views: 1010

Re: realize cap gain to write off against cap loss

Wash sale rules. :happy http://www.schwab.com/public/schwab/nn/articles/A-Primer-on-Wash-Sales Wash sale rules do not apply to stocks sold at a gain - only those that are sold at a loss. If the OP repurchases stock sold with capital gains, I believe that wash sale does not come into play. Others he...
by Viking65
Fri Dec 05, 2014 8:43 am
Forum: Personal Consumer Issues
Topic: Dealing with unauthorized (lawyer) bill
Replies: 61
Views: 11569

Re: Dealing with unauthorized (lawyer) bill

Had a similar experience as the OP a long time ago. Had an initial telephone consultation (15-20 min) with an attorney on an adoption finalization issue. We verbally discussed fees, but didn't use him further; retainer contract arrived in the mail, but was never returned by us. Months later, a bill ...
by Viking65
Wed Nov 26, 2014 7:21 am
Forum: Personal Consumer Issues
Topic: Lamps for S.A.D. problem
Replies: 18
Views: 2324

Re: Lamps for S.A.D. problem

I assume you live in the U.S. Here is a list I got from a medical resource for doctors called UpToDate. I have no personal experience with these companies. Thanks, but I think I already have that same list of M.D. endorsed manufacturers. I just wanted to get some real time, actual testimonies from ...
by Viking65
Fri Nov 21, 2014 3:43 am
Forum: Personal Finance (Not Investing)
Topic: Paid off our Mortgage this evening!
Replies: 75
Views: 13261

Re: Paid off our Mortgage this evening!

Hearty Congratulations Runner9!!! Enjoy the milestone.
I am in the home stretch now, with 10 months left to go on my mortgage, and I can smell the finish line. I will be in your (mortgageless) shoes soon.
by Viking65
Sun Oct 19, 2014 6:40 am
Forum: Personal Finance (Not Investing)
Topic: Gifting from g-parents to minors
Replies: 6
Views: 1223

Gifting from g-parents to minors

Hi, Sorry to ask a question about a seemingly simple issue, but I can't seem to come up with a clear answer on my own. It involves the practicalities of gifting up to the annual exclusion by my mother to me and my 2 minor children. My mother can, as I understand, gift $14k to each of us, with no rep...
by Viking65
Thu Dec 12, 2013 8:42 am
Forum: Personal Consumer Issues
Topic: How long do you keep your cars? Why do you replace it?
Replies: 72
Views: 7045

Re: How long do you keep your cars? Why do you replace it?

I am still driving the first car I ever bought, a 1987 Toyota 4x4 pickup - it is 27 years old in 2 weeks. It's now liberally rusting in the wheel wells, with lots of character enhancing dings and dents, but other than that it just keeps running, running, and running. Passed an EU inspection a couple...