Search found 5 matches

by beatle2020
Thu Sep 24, 2020 7:08 am
Forum: Personal Consumer Issues
Topic: Small Travel Trailer Advise needed
Replies: 44
Views: 2584

Small Travel Trailer Advise needed

My wife and I are retired. (me 70, wife 66). Thinking about buying a small travel trailer we can pull behind our 2016 Toyota Highlander. Highlander is rated for 5000 lbs tow capacity. I am having a difficult time determining the weight I can safely tow. Looks like 3000 to 3500 lbs? I am looking at a...
by beatle2020
Thu Oct 13, 2016 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: use retirement savings or home equity line of credit
Replies: 2
Views: 487

use retirement savings or home equity line of credit

A quick thank you for all the great advise given in this forum. My question- first my wife and I are retired. I will be 67 in November, she is 62. We have not taken any retirement distributions yet. Have lived off social security and pensions, have no debt. We live comfortably off our monthly income...
by beatle2020
Sun Jun 08, 2014 4:10 pm
Forum: Personal Investments
Topic: Roth IRA qualified income?
Replies: 2
Views: 401

Roth IRA qualified income?

I retired 12/31/2013.(age 64) In March of this year(2014) I received a $13,000 bonus for the previous year. This was common with the company I worked for. I will get a W-2 at the end of 2014 that will list this as income. Question, can I contribute the $6500 to a Roth IRA this year and be qualified ...
by beatle2020
Tue Dec 03, 2013 10:45 am
Forum: Personal Investments
Topic: lump sum or annuity
Replies: 21
Views: 1582

Re: lump sum or annuity

This pension annuity is not inflation adjusted, $514 monthly for life. Since this is in a pension, and if I take the lump sum of $104,000, I should be able to roll it into an immediate annuity(if it is a better monthly amount) without any taxes due on the lump sum roll over. I am somewhat skeptical ...
by beatle2020
Tue Dec 03, 2013 8:55 am
Forum: Personal Investments
Topic: lump sum or annuity
Replies: 21
Views: 1582

lump sum or annuity

My 1st post. Thanks for the quality of questions and answers. This is a great site with a tremendous depth of knowledge. Thanks to all! My question: I just turned 64 and will be retiring at the end of the year. My spouse(60) will be retiring next May. I have a pension from a previous employer that I...