Search found 102 matches

by Wenonah
Thu Sep 24, 2020 11:57 pm
Forum: Personal Consumer Issues
Topic: Tuscon area in February
Replies: 3
Views: 403

Tuscon area in February

We are considering either camping with our pop up trailer or renting an apartment or Airbnb for the month of February near Tucson. We like to hike and bike and love the outdoors, are 60-ish and retired. Deciding on where to camp or rent for a month is overwhelming because we have only been there onc...
by Wenonah
Mon Sep 21, 2020 2:04 pm
Forum: Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 112
Views: 16476

Re: Can I afford a $1,400,000 house

What if you make a mistake and get fired or hate your job?
What would Warren Buffet do? He's rich because he didn't live like he was rich.
You might want to read The Millionaire Next Door.
by Wenonah
Fri Jul 17, 2020 10:18 am
Forum: Personal Investments
Topic: Dept of Retirement Services $
Replies: 3
Views: 594

Re: Dept of Retirement Services $

Thank you for that info. Also, we are both just separated from service and not yet getting our pension (plan 3). Does that matter?
by Wenonah
Thu Jul 16, 2020 10:54 pm
Forum: Personal Consumer Issues
Topic: Retirees: How you spend your time?
Replies: 63
Views: 7542

Re: Retirees: How you spend your time?

Like everyone, lots of things cancelled. Love to travel and camp, so instead of Europe we are camping within our state We ride bikes I go on long walks with friends and myself. Tap Dance. I have no dancing experience, but joined a group and now I love it! We are now doing Zoom Lessons. We used to do...
by Wenonah
Thu Jul 16, 2020 8:09 pm
Forum: Personal Investments
Topic: Dept of Retirement Services $
Replies: 3
Views: 594

Dept of Retirement Services $

I am a member of the WA state Teacher's Retirement and have posted questions about Roth conversions before, but today I am wondering if the money I have in the state's Plan 3 Defined contribution, which I can decide how to invest...is it able to be converted to a Roth? Can I transfer it to a Traditi...
by Wenonah
Mon Jul 13, 2020 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming teacher after reaching FIRE? Advice needed!
Replies: 86
Views: 7188

Re: Becoming teacher after reaching FIRE? Advice needed!

I say go for it! I am a recent teaching retiree & currently a student teaching supervisor for a local college. (my DH was math/science teacher and most of my family members teach....) My niece just got two job offers to teach middle school math, and she is a first year teacher on her second career a...
by Wenonah
Thu May 07, 2020 9:48 am
Forum: Personal Investments
Topic: Retirement Withdrawal via stocks, bonds?
Replies: 9
Views: 794

Re: Retirement Withdrawal via stocks, bonds?

Thanks for your help. We have discussed the Roth conversions and thanks, Celia for laying out some facts for us in a concise way. And Silk, thanks for the idea about dividends. We do have some money stashed away in a savings account, so another idea is to use some of that monthly. And Offgrider, why...
by Wenonah
Wed May 06, 2020 1:38 pm
Forum: Personal Investments
Topic: Retirement Withdrawal via stocks, bonds?
Replies: 9
Views: 794

Retirement Withdrawal via stocks, bonds?

We are a retired couple (for 1.5 years,) 60 & 62 and have a managed portfolio through Vanguard where we are withdrawing 6500.00 monthly. Our QUESTION: Is there any reason, during these unstable times, that we should be taking money from our stocks. Shouldn't we just take money from our bonds? From m...
by Wenonah
Wed Apr 29, 2020 12:15 am
Forum: Personal Consumer Issues
Topic: Highlander or RAV4
Replies: 57
Views: 3426

Re: Highlander or RAV4

I had a Highlander for a couple years and it was hard to park--like driving a truck-- and I hated the dashboard. Bought a Subaru Forester.
by Wenonah
Wed Apr 29, 2020 12:11 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 566
Views: 22656

Re: Bird watchers – what birds are you seeing?

I have been regularly seeing a pair of Downy woodpeckers in my yard, lots of pine siskin, towhees, black capped chickadees, chestnut backed chickadees, house finches, and today, a pair of Yellow rumped warblers. At a marshy area last week I saw yellow warblers and common yellowthroats.
by Wenonah
Sun Feb 23, 2020 10:11 pm
Forum: Personal Investments
Topic: Holistic Financial Advice Please
Replies: 42
Views: 5221

Re: Holistic Financial Advice Please

Sounds like you are doing well, but you still have to pay for college, so a private school may not be a good idea. There are usually alternative schools, magnet schools, part time on line classes, etc. if there is an issue. As a 30 year middle and high school teacher, I get that ms is hard, kids can...
by Wenonah
Thu Feb 13, 2020 11:49 am
Forum: Personal Investments
Topic: Financial Strategies _during_ retirement
Replies: 11
Views: 1449

Re: Financial Strategies _during_ retirement

What about Personal Advisor Services from Vanguard if they need some direction and/or confidence.
https://investor.vanguard.com/advice/personal-advisor
by Wenonah
Tue Feb 11, 2020 10:21 pm
Forum: Personal Consumer Issues
Topic: Help Middle Schooler Improve Writing Skills
Replies: 17
Views: 1079

Re: Help Middle Schooler Improve Writing Skills

Or....have him do some writing for you and about every four entries have him pick the one he wants to share with you. That way he may actually enjoy writing and write better because you are not reading/critiquing every entry. Also, what about getting him a notebook and letting him buy some stickers/...
by Wenonah
Tue Feb 11, 2020 12:21 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to consider quitting my job?
Replies: 128
Views: 14265

Re: Am I crazy to consider quitting my job?

Honestly, Do NOT quit your job. You are only working three days a week. That is PERFECT. You need to have your own career in case of disability, death, or divorce, AND sanity. Being a full time mom is super hard, but being a mostly full time mom is a ton easier. You need that intellectual stimulatio...
by Wenonah
Fri Feb 07, 2020 2:09 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to build this house?
Replies: 38
Views: 4527

Re: Can we afford to build this house?

Read "The Millionaire Next Door" before you build.
by Wenonah
Sat Jan 25, 2020 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Rental House Investment
Replies: 12
Views: 1588

Re: Rental House Investment

I recommend you check out/contact Paula Pant. She has active rentals in places she does not live.
by Wenonah
Tue Jan 07, 2020 11:32 pm
Forum: Personal Consumer Issues
Topic: Irrational Fear of Injury in Small Car?
Replies: 124
Views: 8284

Re: Irrational Fear of Injury in Small Car?

One of my main considerations when buying a car is the safety rating you used from the Highway Safety Institute. They having only been doing the small overlap test for a few years. If you like your left leg and want to lessen your worries, go buy a new car. How about a Forester? or an Outback? https...
by Wenonah
Sun Dec 29, 2019 12:34 am
Forum: Personal Investments
Topic: How to pay for Roth conversion
Replies: 21
Views: 2592

Re: How to pay for Roth conversion

"Do you have a Long Term Care insurance policy? If not, then protect your Pre-tax funds to pay for major medical expenses, and take the tax deduction to substantially reduce taxes due on withdrawls from a pre-tax source."

I am confused as to what the above quote means MJS....Can you explain. Thanks.
by Wenonah
Fri Dec 27, 2019 2:43 pm
Forum: Personal Investments
Topic: How to pay for Roth conversion
Replies: 21
Views: 2592

Re: How to pay for Roth conversion

Yes, Mathwizard, ours looks very much the same. But my husband is on a plant-based diet and has lost 50 pounds and exercises regularly, so who knows about the mortality thing! Thank you for the reminder about one person having to file as a single later. We will continue to run the numbers. You folks...
by Wenonah
Fri Dec 27, 2019 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead Thoughts on House Size to Family Size
Replies: 53
Views: 4257

Re: Boglehead Thoughts on House Size to Family Size

The bigger it is, the less of a cozy family feel there is. We moved into a bigger house when the kids were in elementary and we lost some togetherness. Good luck
by Wenonah
Fri Dec 27, 2019 11:41 am
Forum: Personal Investments
Topic: How to pay for Roth conversion
Replies: 21
Views: 2592

Re: How to pay for Roth conversion

"So you've got: - 40K in pension income once you both reach 65 - About 40K in SS income once you both file - 650K in "defined contribution" portion of pension, but do I understand correctly that this works more like an 401k or IRA? And it's all tax-deferred (no Roth)? And completely separate from th...
by Wenonah
Thu Dec 26, 2019 8:13 pm
Forum: Personal Investments
Topic: How to pay for Roth conversion
Replies: 21
Views: 2592

Re: How to pay for Roth conversion

Yes, please help me do the math. Thank you. I was directed to the IORP site, but that didn't work for me. In addition to the above info, husband will get 22,800 and I will get 17,316 at 65 and we get a 3% COLA each year until 65 (even if we don't take it till 65) and continuing thereafter because we...
by Wenonah
Thu Dec 26, 2019 7:34 pm
Forum: Personal Investments
Topic: How to pay for Roth conversion
Replies: 21
Views: 2592

Re: How to pay for Roth conversion

I can't figure out if it's worth it or not. I have talked to several "experts"

"What makes you think that makes sense?" RMD's when we are 70. Be gentle--thinking I am asking in a safe place.
by Wenonah
Thu Dec 26, 2019 6:00 pm
Forum: Personal Investments
Topic: How to pay for Roth conversion
Replies: 21
Views: 2592

How to pay for Roth conversion

Is it ALWAYS a bad idea to use funds from IRA's to pay for taxes for a Roth conversion? We are 60 and 62,(22% bracket) but can't get our pensions of 23,000 (him) and 17,000 (me) until we are 65. We have 110,000 (him) and 92,000 (me) in IRA's, and we are living off of other investments till 65. When ...
by Wenonah
Wed Nov 27, 2019 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: New job opportunity, tough decision
Replies: 54
Views: 4202

Re: New job opportunity, tough decision

Did you say what type of job? Are the workers healthy? smokers? educated? do any of them bike or do they go 4 wheeling and you won't be able to relate? The deal is, you are at a university-- you are hanging out with a bunch of educated people whose company values you as a professional, giving you ti...
by Wenonah
Mon Nov 18, 2019 6:07 pm
Forum: Personal Investments
Topic: Roth conversion calculator?
Replies: 7
Views: 849

Re: Roth conversion calculator?

Thank you for the resources. Also, is it crazy to use money from the IRA's we are converting to pay the taxes? Does it make much of a difference in the long run?
by Wenonah
Mon Nov 18, 2019 12:19 pm
Forum: Personal Investments
Topic: Roth conversion calculator?
Replies: 7
Views: 849

Roth conversion calculator?

I am looking for a calculator that can help us decide if we should do Roth conversions. Can anyone steer me in the right direction?
by Wenonah
Sun Nov 17, 2019 1:08 am
Forum: Personal Investments
Topic: Whats your favorite financial related site? (news, tips, anything!)
Replies: 23
Views: 2701

Re: Whats your favorite financial related site? (news, tips, anything!)

Clark Howard/clark.com
Mr. Money Mustache
Paula Pant
The Mad Fientist
Jill Schlesinger
by Wenonah
Thu Nov 14, 2019 11:40 am
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1721

Re: "Tax advantaged Annuity" advised for friend

Got it. Thank you.
by Wenonah
Tue Nov 12, 2019 3:56 pm
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1721

Re: "Tax advantaged Annuity" advised for friend

It is definitely an annuity. So if i were to advise her, i would point out 1. hidden fees 2. Her money will be tied up 3. The advisor may not be getting money FROM her, but it is probably advantageous for him to put her in it 4. If there are no new fees and she gets her fixed 2.8 and the surrender c...
by Wenonah
Tue Nov 12, 2019 1:20 pm
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1721

Re: "Tax advantaged Annuity" advised for friend

Notwhoyouthink...I will check on exactly what she is in. Thanks for that thought.
by Wenonah
Tue Nov 12, 2019 11:13 am
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1721

Re: "Tax advantaged Annuity" advised for friend

Good insights. Another thing she just told me is that annuities are safe from market fluctuations,so that must be a concern. I said earlier she was a conservative investor. And yes, to the comment about age and the college student. It's all good. College did not happen at 18; paths are different; pe...
by Wenonah
Tue Nov 12, 2019 1:17 am
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1721

Re: "Tax advantaged Annuity" advised for friend

She has 270,000 right now. Principal was 250,000 10 years ago and she has taken 50,000.00 out. I guess the surrender charges end in March of 2020. So at that point, wouldn't it make sense to put it in a money market since she plans to use it. Somehow the advisor is supposed to be helping her with he...
by Wenonah
Tue Nov 12, 2019 12:23 am
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1721

Re: "Tax advantaged Annuity" advised for friend

billfromct:
"Short term money (1-5 years) to build a house/pay for college should be put in a short term fixed income investment never into an annuity. Annuities should only be used for long term (40-50 year) retirement savings."

Basically just a money market or short term CDs??
by Wenonah
Tue Nov 12, 2019 12:16 am
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1721

Re: "Tax advantaged Annuity" advised for friend

Just got some more information: From her: "It is in an annuity. I am considering converting it to a tax advantaged annuity. The taxes I owe in the interest earned is spread over the lifetime of the annuity. Right now, every time I make a withdrawal I get taxed on everything until I am down to the $2...
by Wenonah
Mon Nov 11, 2019 10:56 pm
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1721

Re: "Tax advantaged Annuity" advised for friend

I need some savvy people to ask me questions for her, so she does the right thing with this money! Thanks!
by Wenonah
Mon Nov 11, 2019 10:39 pm
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1721

Re: "Tax advantaged Annuity" advised for friend

Yes, very near future....can't she just roll this over into an IRA and avoid fees? She already has a Roth with Schwab.
by Wenonah
Mon Nov 11, 2019 10:30 pm
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1721

Re: "Tax advantaged Annuity" advised for friend

Oh, and she is 65, but has very long life spans in her family and is in excellent health.
by Wenonah
Mon Nov 11, 2019 10:28 pm
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1721

"Tax advantaged Annuity" advised for friend

My friend gave me permission to have the Bogleheads ask questions and critique a possible move she may make. She has found a new advisor, and he is suggesting she put $270,000.00 into a "tax advantaged annuity." This is l/5 of her savings and she has a pension, social security, and rent from 2 house...
by Wenonah
Fri Nov 08, 2019 10:40 pm
Forum: Personal Consumer Issues
Topic: Weddings - The good? The bad?
Replies: 47
Views: 4916

Re: Weddings - The good? The bad?

We just went to a fun wedding that didn't cost much. The couple is super frugal and they got a venue for a reduced price because their uncle was a member of the yacht club. The best thing there was a photo booth. The photos were immediately printed and then we glued them into a page of an album and ...
by Wenonah
Fri Nov 08, 2019 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy the family cottage?
Replies: 99
Views: 9399

Re: Should I buy the family cottage?

BUY IT! We did not buy the family cabin in the northwest on 15 acres on a wild river because we were being cheapskates and worrying about upkeep, and we regret it now. Long story. We should have hired a caretaker. Absolutely buy it. You can rent it to friends or use as a VRBO, or whatever.....buy it!
by Wenonah
Thu Oct 31, 2019 12:47 am
Forum: Personal Finance (Not Investing)
Topic: Wife (teacher) and I are trying for a baby. What are some "must-knows" and other tips?
Replies: 127
Views: 12707

Re: Wife (teacher) and I are trying for a baby. What are some "must-knows" and other tips?

6 weeks is a very short time to be with a baby and then put them in day care. Consider longer or your wife could take a year off and then find a job that is part time. DON'T Make this mistake though: I taught for 4 years in a job share (teacher) and my partner and I both did a .5/half time job. We f...
by Wenonah
Tue Oct 15, 2019 10:17 pm
Forum: Personal Consumer Issues
Topic: Where to stay in Maui?
Replies: 24
Views: 2296

Re: Where to stay in Maui?

I will be checking all of these places out. Thanks for your suggestions. Much appreciated.
by Wenonah
Tue Oct 15, 2019 6:40 pm
Forum: Personal Consumer Issues
Topic: Where to stay in Maui?
Replies: 24
Views: 2296

Where to stay in Maui?

Any suggestions as to where to stay? We got a last minute deal and we are going the last week of October. What part of Maui have you stayed in and what did you like? I want to be near the ocean and probably stay somewhere with a kitchenette. Overwhelmed and looking to narrow it down! On a budget btw...
by Wenonah
Thu Oct 03, 2019 11:52 am
Forum: Personal Consumer Issues
Topic: Transamerica LTC
Replies: 1
Views: 249

Re: Transamerica LTC

Btw, my teachers retirement association is endorsing them.
by Wenonah
Thu Oct 03, 2019 11:51 am
Forum: Personal Consumer Issues
Topic: Transamerica LTC
Replies: 1
Views: 249

Transamerica LTC

Has anyone out there had any interactions with Transamerica and theitr LTC policies?? I was reading some reviews on consumer affairs and several people had a hard time getting service, but i also realize that people usually only write reviews when that sort of thing goes bad. Also, is there somewher...
by Wenonah
Sun Sep 29, 2019 3:55 pm
Forum: Personal Consumer Issues
Topic: Going to a wedding party
Replies: 48
Views: 4706

Re: Going to a wedding party

If you sent a gift from the registry, you are done. The last wedding I went to they said gifts are not necessary, but if you would like to contribute to our fund to asked for our new house, we would appreciate it. And another wedding this summer, we brought a gift from the registry and a card. In th...
by Wenonah
Mon Sep 16, 2019 5:29 pm
Forum: Personal Investments
Topic: Math is scary
Replies: 42
Views: 7098

Re: Math is scary

Not only will you have a paid off home, you won't be putting money away for retirement. If you need 100,000.00 now, you will need that less a mortgage payment and 20% or whatever you are contributing to your 40lk/Roth, etc.
by Wenonah
Wed Sep 04, 2019 12:46 am
Forum: Personal Finance (Not Investing)
Topic: Priorities
Replies: 94
Views: 17272

Re: Priorities

"I have no family history of heart disease, but yeah, there must be something in my genes that made me susceptible to coronary artery disease since I have no other real explanation....being male for sure is one . I eat a lot of cheese and maybe a little more than my share of fresh bakery bread and p...
by Wenonah
Wed Aug 21, 2019 6:13 pm
Forum: Investing - Theory, News & General
Topic: Personal Advisor Services rocked today!
Replies: 20
Views: 4175

Personal Advisor Services rocked today!

There has been much discussion about the value of PAS here and I just wanted to let you know that we had a great meeting and found out about other services they provide. We found the meeting valuable and very comprehensive as are all of the charts and graphs that we can use to see the likelihood of ...