Search found 8420 matches

by sport
Tue Nov 19, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: Skin lotion for old skin
Replies: 15
Views: 766

Re: Skin lotion for old skin

We've had good results with Cetaphil products. They make bar soap, cleanser, lotion, and cream. Costco carries them which helps with the cost.
by sport
Tue Nov 19, 2019 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Car negotiation question
Replies: 19
Views: 841

Re: Car negotiation question

One other thing you can do when you have found your lowest price. When you are closing the deal, you can ask them to throw in some minor extras, such as floor mats, etc.
by sport
Tue Nov 19, 2019 1:32 pm
Forum: Personal Investments
Topic: CD rates at Fidelity and Vanguard
Replies: 1
Views: 216

Re: CD rates at Fidelity and Vanguard

Sometimes brokered CDs offer higher rates than direct CDs. Other times, the rates are lower. It seems that they are two different markets.
by sport
Tue Nov 19, 2019 1:30 pm
Forum: Personal Consumer Issues
Topic: How often do you bargain for things?
Replies: 22
Views: 1280

Re: How often do you bargain for things?

ClevrChico wrote:
Tue Nov 19, 2019 7:32 am
I never get the opportunity for retail negotiating. Aldi and Walmart aren't going to negotiate with me.
You never know unless you try. I once negotiated a lower price on a camera lens at Kmart.
by sport
Mon Nov 18, 2019 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Expenses Gift Exclusion: How to pay for adult child's medical payments at time of service?
Replies: 14
Views: 914

Re: Medical Expenses Gift Exclusion: How to pay for adult child's medical payments at time of service?

As an alternative to a credit card, you could give the child a signed paper check (gasp!) made out to the medical provider. If you do not know the amount, leave that blank and let the child fill it in at the time of service.
by sport
Mon Nov 18, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: A sad tale with a good ending ["Preferred" pharmacies vs "non-preferred"]
Replies: 33
Views: 3078

Re: A sad tale with a good ending ["Preferred" pharmacies vs "non-preferred"]

This is not entirely on topic (but not off topic either), but I went and got a flu shot the other day at Costco. I know they are $10-$20 cheaper at Costco than CVS/Walgreens/etc. I gave my insurance card, but had to pay out of pocket. No big deal, it was $20. It was preventative and I looked it up ...
by sport
Sun Nov 17, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: More retirees have a mortgage
Replies: 114
Views: 7064

Re: More retirees have a mortgage

In the Great Depression, lots of people who had no debt before the period started also got wiped out. If they weren’t invested properly, sure. The Trinity Study shows that 4% withdrawal worked during the Great Depression. Obviously it would have failed if you owed nominal debt. Grandpa bought apart...
by sport
Sun Nov 17, 2019 10:36 am
Forum: Personal Investments
Topic: JOINT OR SOLO OWNERSHIP
Replies: 7
Views: 342

Re: JOINT OR SOLO OWNERSHIP

Before we got married, our attorney advised us to keep all accounts separate, except for a joint checking account.
by sport
Sat Nov 16, 2019 10:00 pm
Forum: Personal Consumer Issues
Topic: Best thing you have ever bought?
Replies: 145
Views: 10984

Re: Best thing you have ever bought?

My Grandson. I paid all the costs for his adoption. :D
by sport
Sat Nov 16, 2019 6:30 pm
Forum: Personal Consumer Issues
Topic: AWD Camry
Replies: 37
Views: 2699

Re: AWD Camry

Starting in the spring, Toyota will be offering an AWD Camry (and Avalon). Since so many Bogleheads have stated preference for the Camry, this may be of interest to the Boglehead community. https://pressroom.toyota.com/get-a-grip-toyota-introduces-new-camry-and-avalon-all-wheel-drive-sedans/ Thank ...
by sport
Sat Nov 16, 2019 5:50 pm
Forum: Personal Consumer Issues
Topic: AWD Camry
Replies: 37
Views: 2699

AWD Camry

Starting in the spring, Toyota will be offering an AWD Camry (and Avalon). Since so many Bogleheads have stated preference for the Camry, this may be of interest to the Boglehead community.

https://pressroom.toyota.com/get-a-grip ... ve-sedans/
by sport
Sat Nov 16, 2019 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Charitable Distribution Tax Question
Replies: 3
Views: 214

Re: Qualified Charitable Distribution Tax Question

QCDs are not deductible on Schedule A. If the QCD exceeds the RMD, it is just more IRA money withdrawn that is not taxable. If you do not define it as a QCD, then you could deduct it. However, there does not seem to be any reason for doing that. In many cases it would cause you to pay more taxes wit...
by sport
Sat Nov 16, 2019 3:36 pm
Forum: Personal Consumer Issues
Topic: Railing Vs Room on living area for Old Parents
Replies: 18
Views: 977

Re: Railing Vs Room on living area for Old Parents

Railings are essential on stairs, but there is no assurance they will prevent a fall. Even if they do not fall, stairs become increasingly difficult with age. When we were in our 60's, we moved to a one-floor house for this reason. We have been very happy living on one floor. No lugging laundry up t...
by sport
Sat Nov 16, 2019 12:07 pm
Forum: Personal Investments
Topic: Charitable gift annuities - doing well by doing good?
Replies: 19
Views: 887

Re: Charitable gift annuities - doing well by doing good?

Are there other charitable giving strategies that have similar tax benefits? One of the best strategies is using Qualified Charitable Distributions (QCDs). These can be part of your RMD, yet are not taxable for federal taxes and possibly state income taxes as well. However, you must be older than 7...
by sport
Sat Nov 16, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Half of Estate in a Trust?
Replies: 28
Views: 1711

Re: Half of Estate in a Trust?

Absolutely. It is very common to leave one's estate in trust for a spouse with provisions for the trust's disposition upon the spouse's death, either outright or in continuing trust. The terms of the trust can be very broad or as restrictive as you wish. Gill Gill, Does having joint accounts make t...
by sport
Sat Nov 16, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: A sad tale with a good ending ["Preferred" pharmacies vs "non-preferred"]
Replies: 33
Views: 3078

Re: A sad tale with a good ending

My Part D plan has 4 categories of pharmacies: Out of network, in network, in network preferred, and mail order. With any medical/prescription/dental insurance, one needs to understand the system and pay attention to the details.
by sport
Fri Nov 15, 2019 12:35 pm
Forum: Personal Investments
Topic: I need to rebalance, but hate paying capital gains tax.
Replies: 39
Views: 2994

Re: I need to rebalance, but hate paying capital gains tax.

If you don't rebalance, how will you feel if/when the market takes a big drop and you lose more than you are willing to lose? There is an old maxim about this: "Don't let the tax tail wag the dog."
by sport
Wed Nov 13, 2019 7:23 pm
Forum: Personal Consumer Issues
Topic: Blankets/Bedding for Cold Winter Nights
Replies: 56
Views: 3496

Re: Blankets/Bedding for Cold Winter Nights

It's not just the bedding. Nice flannel pajamas will keep you warmer. Wear socks to keep your feet warm.
by sport
Wed Nov 13, 2019 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Grandparents helping with college
Replies: 24
Views: 1862

Re: Grandparents helping with college

Write a check as a gift to your grandchild’s parent(s). If the parents turn around and use that money to pay for the grandchild's college expenses. There is well established and extensive precedence that this is considered gift tax fraud. The presumption is that this was never a completed gift to t...
by sport
Tue Nov 12, 2019 5:02 pm
Forum: Investing - Theory, News & General
Topic: The End Is Near....Isn't It ?
Replies: 27
Views: 2126

Re: The End Is Near....Isn't It ?

If you have a moderate AA, you won’t suffer a 30 or 40% drop. In 2008, if you had a 30/70 AA your drop would have been about 15%. As others have said, move your AA down a bit until you can hold it through a downturn. This in not the same as parking assets on the sideline, planning to get back in at...
by sport
Tue Nov 12, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Grandparents helping with college
Replies: 24
Views: 1862

Re: Grandparents helping with college

What if the grandparent writes the check directly to the college/university? Is this different from gifting money to the student or parents to pay for tuition? If the grandparent writes a check to a person, that counts towards the $15k that can be gifted without reporting and subtracting from their...
by sport
Tue Nov 12, 2019 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Grandparents helping with college
Replies: 24
Views: 1862

Re: Grandparents helping with college

What if the grandparent writes the check directly to the college/university? Is this different from gifting money to the student or parents to pay for tuition?
by sport
Tue Nov 12, 2019 11:37 am
Forum: Personal Consumer Issues
Topic: Question on refilling prescriptions
Replies: 41
Views: 2397

Re: Question on refilling prescriptions

Has anyone been successful in bringing your own prescription meds to the hospital OR having a friend/relative bring them? I have had similar problems with Rx's at the hospital. However, for one med, the hospital did not have it on hand and they asked that we bring it from home. In the future, I wou...
by sport
Sun Nov 10, 2019 5:37 pm
Forum: Personal Investments
Topic: Money Market Fund in IRA for RMD
Replies: 17
Views: 1060

Re: Money Market Fund in IRA for RMD

I keep a MM fund in my IRA for writing checks for QCD donations. I keep a limited amount in that fund so my exposure to check fraud or errors is minimized. I just have to make sure there is a sufficient balance in that fund to cover any check I write. I could have Vanguard write the check and send i...
by sport
Sun Nov 10, 2019 9:42 am
Forum: Personal Finance (Not Investing)
Topic: [Medicare & IRMAA]
Replies: 8
Views: 963

Re: [Medicare & IRMAA]

....................... Regarding IMRAA, I know from this forum non-taxable dividends are adding back to the AGI. ................... Do you mean tax-exempt interest? Municipal bond funds distribute tax exempt dividends. Although the money comes from the interest paid by the fund's holdings, the fu...
by sport
Sat Nov 09, 2019 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: [Medicare & IRMAA]
Replies: 8
Views: 963

Re: [Medicare & IRMAA]

All "deductions" are calculated after and not included in the MAGI number. However, once you reach the age of 70.5 you will be eligible for Qualified Charitable Distributions (QCDs). These will reduce your MAGI and can help with IMRAA limits.
by sport
Sat Nov 09, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Medicare Part B 2020 Premium $144.30 ??
Replies: 39
Views: 3027

Re: Basic Medicare Part B 2020 Premium $144.30 ??

[Deleted -- mod oldcomputerguy] Medicare advantage is not heavily marketed, it is relentlessly marketed. That can only be good for industry, not me. The podcast below is (as someone else wrote) extraordinary. It is a much broader discussion than just medicare advantage (discussed at the top). Liste...
by sport
Sat Nov 09, 2019 12:59 pm
Forum: Personal Consumer Issues
Topic: Should I replace my HVAC system or get home warranty plan?
Replies: 17
Views: 903

Re: Should I replace my HVAC system or get home warranty plan?

It's a similar story with my water heater which is 8 years old. The plumber said the thermal expansion tank is holding more water than is ideal causing the system to run at high pressure. Replacing this system entirely could cost $1500. Why not just replace the expansion tank. That would be a lot l...
by sport
Sat Nov 09, 2019 11:51 am
Forum: Personal Investments
Topic: Vanguard asking for personal financial information
Replies: 16
Views: 1616

Re: Vanguard asking for personal financial information

When answering such questions, how does one define "income"? Is it taxable income? What about tax free income? What about growth in a taxable account? In a TIRA? In Roth IRA? What does your tax form say? If I apply for a card in my name only, and the tax form is MFJ, then I have to allocate that in...
by sport
Sat Nov 09, 2019 10:52 am
Forum: Personal Investments
Topic: Vanguard asking for personal financial information
Replies: 16
Views: 1616

Re: Vanguard asking for personal financial information

When answering such questions, how does one define "income"? Is it taxable income? What about tax free income? What about growth in a taxable account? In a TIRA? In Roth IRA?
by sport
Sat Nov 09, 2019 10:02 am
Forum: Personal Finance (Not Investing)
Topic: shocking hospital fee estimate
Replies: 45
Views: 3974

Re: shocking hospital fee estimate

OP, the OOP maximum of $3000 is probably for the calendar year 2019. So, having the procedure this year will use up your OOP, but starting in January, you will have another $3000 OOP for treatment in 2020. If there is no medical problem in delaying the surgery until January, you will have met the OO...
by sport
Fri Nov 08, 2019 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 10514

Re: Seller's agent not letting us use a buyer's agent

I would have my agent present my offer directly to the homeowner. Let their agent explain to them why they cannot accept it.
by sport
Fri Nov 08, 2019 3:25 pm
Forum: Personal Investments
Topic: is VINIX better than VTSAX ?
Replies: 13
Views: 1344

Re: is VINIX better than VTSAX ?

Comparing funds over different time periods makes a lot of difference. Apples and oranges.
VINIX has a minimum purchase of $5,000,000. If you are still interested in this fund, congratulations on your success. :beer
by sport
Fri Nov 08, 2019 2:49 pm
Forum: Personal Investments
Topic: Inherited trust taxes
Replies: 4
Views: 385

Re: Inherited trust taxes

Can you choose to take the trust income as a distribution each year? In other words, does the trust allow you to take it? A related question: If someone is both the beneficiary of the trust and the trustee, would there be a problem if they took income distributions even if the trust did not allow i...
by sport
Fri Nov 08, 2019 2:44 pm
Forum: Personal Consumer Issues
Topic: Question for Car experts - how urgent/important are these maintenance items
Replies: 36
Views: 3330

Re: Question for Car experts - how urgent/important are these maintenance items

Swansea wrote:
Fri Nov 08, 2019 2:37 pm
Coolant, as with brake fluid and engine oil, deteriorates with age. I replace mine every 3 years.
You can always go on a Toyota forum to see what others have done.
You can also take a look at your owner's manual for maintenance recommendations/requirements.
by sport
Fri Nov 08, 2019 2:40 pm
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 264
Views: 16578

Re: Customer Service with Vanguard

I am not accusing anyone of anything. However, whenever I read really bad reviews of a company, I wonder if any of them have been placed by the competitors of that company. There is no verification nor accountability for any of these reviews. :twisted:
by sport
Fri Nov 08, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: Question for Car experts - how urgent/important are these maintenance items
Replies: 36
Views: 3330

Re: Question for Car experts - how urgent/important are these maintenance items

Bankroll wrote:
Fri Nov 08, 2019 2:11 pm
Try and find a quality independent repair shop that knows Toyota, and make that your goto shop.
This is a very good suggestion. Your dealer is not only very high-priced, but they are not trustworthy. If you were in my area, I would be glad to recommend the independent Toyota specialist I use.
by sport
Fri Nov 08, 2019 1:09 pm
Forum: Investing - Theory, News & General
Topic: Saving for a new vehicle
Replies: 36
Views: 3209

Re: Saving for a new vehicle

I have a somewhat different perspective. You may have a plan on when you will purchase your next car. However, your present car is always in danger of being stolen or wrecked. Since these events are not predictable, they can happen at any time. Should that occur, your insurance will pay you the valu...
by sport
Thu Nov 07, 2019 9:35 pm
Forum: Personal Consumer Issues
Topic: Question on refilling prescriptions
Replies: 41
Views: 2397

Re: Question on refilling prescriptions

Let's discuss how Rx billing works. If you are billing through a prescription insurance, it is very unlikely that the price will be different from one pharmacy to another. My insurance has three categories for pharmacies: 1. In network, preferred. 2. In network, not preferred. 3. Out of network. I ...
by sport
Thu Nov 07, 2019 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4560

I have retired family that keep the RMD process simple and take 100% of the RMD at the start of the new year. This simplicity has worked well. This method prevents taking full advantage of QCDs. Now, if they do not give anything to charities, then it doesn't matter so much. QCDs are a wonderful tax...
by sport
Thu Nov 07, 2019 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4560

Re: Best month to take RMDs?

Artsdoctor wrote:
Thu Nov 07, 2019 7:01 pm
Once you reach the YEAR that you turn 70-1/2, the first money out of the account counts as an RMD. You can't first convert to a Roth and then take your RMD later that year.
Well, at least one person agrees with me. :sharebeer
by sport
Thu Nov 07, 2019 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4560

Re: Best month to take RMDs?

No. IRS rule is that you must satisfy your RMD before converting to a Roth in a given calendar year. You can distribute your RMD into a taxable account in January, then do a Roth conversion, and take monthly withdrawals from the taxable account. Can you refer me to the exact IRS rule on that, for m...
by sport
Thu Nov 07, 2019 3:38 pm
Forum: Personal Investments
Topic: Short-Term Investment
Replies: 10
Views: 659

Re: Short-Term Investment

There is no reason to expect real estate to perform the next 5 years the way it performed the last 5 years. The only way you can get 5% to 7% is by taking risk. This fund would not be suitable for short term investing. The fund has high fees in addition to what you pay this "advisor". Since you are ...
by sport
Thu Nov 07, 2019 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4560

Re: Best month to take RMDs?

No. IRS rule is that you must satisfy your RMD before converting to a Roth in a given calendar year. You can distribute your RMD into a taxable account in January, then do a Roth conversion, and take monthly withdrawals from the taxable account. Can you refer me to the exact IRS rule on that, for m...
by sport
Thu Nov 07, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4560

Re: Best month to take RMDs?

In 3 years I will have RMD. Right now I have 800 a week sent to me from my IRA. Will I really need to do anything different? Do I need to let Van or IRS know that It is a RMD. When it is time for your RMDs, you will need to calculate (or let Vanguard do it) the amount of your RMD. It is based on th...
by sport
Wed Nov 06, 2019 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage plans
Replies: 4
Views: 486

Re: Medicare Advantage plans

I have an MA plan. I pay a premium to the insurance company in addition to the Medicare Part B premium I pay to uncle Sam. The premium is somewhat high, but it includes Part D and I have low co-pays and deductibles.
by sport
Wed Nov 06, 2019 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4560

Re: Best month to take RMDs?

Scenario 1: On Jan 1, took RMD on $1M balance. RMD = $1M/22 = $45,455. Scenario 2: Waited until 12/31 to take RMD. $1M balance gains 6% = $1,060,000. Take RMD $1,060,000/22 = $48,182 The RMD is the same, $45,455 regardless of when in the year it is taken. The divisor is applied to the previous 12/3...
by sport
Wed Nov 06, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4560

Re: Best month to take RMDs?

No one actually answered my question about how to identify the the month with the highest average DJIA value over all past years, or over a specified range of past years. Although no month can be assured as the best for market timing, I am sure my question would lead to one specific month over all ...
by sport
Wed Nov 06, 2019 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4560

Re: Best month to take RMDs?

It's the same reason you would not generally take the next 5 yr's worth of RMD's this year, even if that wouldn't push you into a higher tax bracket this year. This is not allowed, even if you want to. RMDs must be taken each year. Of course you can always withdraw more than the RMD in any year, bu...
by sport
Wed Nov 06, 2019 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4560

Re: Best month to take RMDs?

I thought the first RMD had to be done in the year that you turn 70.5 ... I think it has to be done the year after the year in which you turn 70.5. But if you wait until that year, you have to take two RMDs. Probably wiser to take the first RMD in the year you turn 70.5. The first year RMD must be ...