Search found 1692 matches

by fposte
Wed Nov 20, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Entrance Fee for Retirement Community
Replies: 45
Views: 6275

Re: Entrance Fee for Retirement Community

Some of this is dependent on your area. But for me 90% of the point of a CCRC is getting that pipeline to assisted living and nursing, because outside of it it's dependent on luck, deep pockets (my friend directly admitted to an SNF paid a lot more than the CCRC costs at the place I'm considering), ...
by fposte
Wed Nov 20, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: OMG My New House is SO Drafty!
Replies: 50
Views: 5647

Re: OMG My New House is SO Drafty!

[ Any sarcasm here? Asking out of true curiosity. I often wonder what other people pay for heat. I heard that a green energy startup advised power plants to put average bills for ppl's NEIGHBOR's on the bill. To tap into people's innate competitiveness. This as a way to make people conserve more. I...
by fposte
Sun Nov 17, 2019 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: What household income is considered "comfortable" where you live?
Replies: 10
Views: 1369

Re: What household income is considered "comfortable" where you live?

Nerdwallet's Cost of Living Calculator is good for this--it gives an overall result but also breaks it down into categories to compare.

There are people comfortable around here at all kinds of incomes, so I don't know what number I'd give.
by fposte
Fri Nov 15, 2019 1:49 pm
Forum: Investing - Theory, News & General
Topic: Letting retirement funds grow, without further contribution
Replies: 38
Views: 2126

Re: Letting retirement funds grow, without further contribution

What's your reason for funding the taxable brokerage account and not the 401k? Will those also be buy-and-hold assets untouched until retirement?
by fposte
Fri Nov 15, 2019 10:20 am
Forum: Personal Investments
Topic: Did anyone get this email from Vanguard?
Replies: 7
Views: 704

Re: Did anyone get this email from Vanguard?

This just sounds like the "Know Your Customer" financial guidelines. As long as the email didn't include any links to click, it's probably valid.
by fposte
Thu Nov 14, 2019 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Sell Higher or Lower Basis first?
Replies: 17
Views: 639

Re: Sell Higher or Lower Basis first?

Additional factors: is there a Donor Advised Fund possibility? Is it likely that some assets will outlast you and get passed on to heirs with a step-up basis? You also are saying "stock" rather than "fund"--if these are single stocks, I might also make decisions based on diversification of the portf...
by fposte
Thu Nov 14, 2019 4:16 pm
Forum: Investing - Theory, News & General
Topic: Why would a CPFA recommend high fee funds?
Replies: 37
Views: 1479

Re: Why would a CPFA recommend high fee funds?

Wow, I'm shocked that a S&P500 Index fund can get away with a 0.5% expense ratio. It's an insurance company. There's always vigorish with an insurance company. Empower is also a different arm of Great-West, so their high-ER funds are likely to be part of the package for any employers using Empower.
by fposte
Wed Nov 13, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 110
Views: 10009

Re: The difficulty of discarding frugality?

Who says that we should discard our previous spending level when we can afford more? That implies we were dissatisfied at the previous level. I didn't notice that. I don't think that's necessarily true that it implies dissatisfaction; I can be satisfied and still enjoy more opportunities than I cur...
by fposte
Wed Nov 13, 2019 1:35 pm
Forum: Personal Consumer Issues
Topic: Saving seats on Southwest
Replies: 210
Views: 11248

Re: Saving seats on Southwest

And I could see people blocking the aisle trying to decide what seat they want. I believe Southwest informally calls these passengers "spinners" (since they're spinning around to look in all directions for a seat). The fact that there's a term suggests that it's a known factor and it's still not en...
by fposte
Tue Nov 12, 2019 3:49 pm
Forum: Personal Consumer Issues
Topic: Blankets/Bedding for Cold Winter Nights
Replies: 56
Views: 3509

Re: Blankets/Bedding for Cold Winter Nights

I love nice bedding and will happily spend more on that than on my car, at least most years. I've recently splurged on a goose-down comforter from Feathered Friends, and it is absolutely amazing; it's so light that it takes you a while to realize how warm you are. It was a replacement/upgrade for so...
by fposte
Sun Nov 10, 2019 1:39 am
Forum: Investing - Theory, News & General
Topic: If you were forced to pick an alternative asset...
Replies: 101
Views: 6155

Re: If you were forced to pick an alternative asset...

Is there enough to be an angel investor? I think I’d especially enjoy investing in a play rather than a business, but there are a lot of different possibilities and YMMV.
by fposte
Fri Nov 08, 2019 9:19 am
Forum: Personal Investments
Topic: Vanguard's SpecID Lists Average Cost instead?
Replies: 9
Views: 705

Re: Vanguard's SpecID Lists Average Cost instead?

I had hoped that my issue would be resolved along with the OP's if it was some kind of wider bug, but it wasn't. I therefore just called Vanguard and they agreed it was a problem on their end with cost basis; they expected it to be fixed by Monday.
by fposte
Wed Nov 06, 2019 4:13 pm
Forum: Personal Investments
Topic: Should I let UBS manage our windfall?
Replies: 23
Views: 2624

Re: Should I let UBS manage our windfall?

Paying off the mortgage is probably not tax free given that they would probably be giving up the mortgage interest tax deduction. With the higher standard deduction, though, a lot of people won't benefit from itemizing anyway (one number I saw suggested that about 88% would take the standard deduct...
by fposte
Fri Nov 01, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Why is money such a taboo topic?
Replies: 12
Views: 1154

Re: Why is money such a taboo topic?

I think it's less broadly taboo than is often believed; it's largely bragging about your own money (outside of the proper Bogleheads threads, of course) or interrogating other people about theirs that's taboo. Mostly because it's boring to listen to somebody talking about their stuff and it's obnoxi...
by fposte
Thu Oct 31, 2019 8:20 pm
Forum: Personal Investments
Topic: Vanguard's SpecID Lists Average Cost instead?
Replies: 9
Views: 705

Re: Vanguard's SpecID Lists Average Cost instead?

How long ago did you switch this setting? When I switched, it took a business day or two to settle out. Dunno about the OP, but mine has been SpecID since 2016, and it still shows SpecID as the basis method, despite the fact that today two lots from months apart are listed at the same per-share pri...
by fposte
Thu Oct 31, 2019 2:36 pm
Forum: Personal Investments
Topic: Vanguard's SpecID Lists Average Cost instead?
Replies: 9
Views: 705

Re: Vanguard's SpecID Lists Average Cost instead?

I'm seeing the same as you for my Vanguard funds, but the different lots on my individual stocks are still priced differently. So maybe don't do calculations about unrealized gains today.
by fposte
Thu Oct 31, 2019 2:16 pm
Forum: Personal Investments
Topic: opinion, IA upset moving assets to Vanguard
Replies: 26
Views: 1945

Re: opinion, IA upset moving assets to Vanguard

Thank you for your response - especially direction on handling the taxable account - and yes I agree with the approach. My IA has already mentioned the sizable capital gains I'd be looking at paying taxes on - as he would want to rebalance the portfolio. I realize you've had the account for 10 year...
by fposte
Thu Oct 31, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Personal Financial Statement Template? Meeting with Advisor...
Replies: 29
Views: 1982

Re: Personal Financial Statement Template? Meeting with Advisor...

My work offered a free multi-week retirement seminar, which I thought was very valuable and reinforced a lot of things I learned over the years, and added a bit more info to it. They offer a free final one on one session, which I'm going to take them up on. They ask for a list of assets, liabilitie...
by fposte
Wed Oct 30, 2019 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 196
Views: 12130

Re: Apple Pay. Does anyone use it?

@dollar_elbow, Count me as a newbie on the intricacies of using Apple Pay. What happens if I disable Touch ID or Face ID on the Apple iPhone? I am a bit privacy obsessed that I don’t want to unlock the iPhone with my finger print or face image /store them in the phone. I prefer and use either a pas...
by fposte
Wed Oct 30, 2019 1:41 pm
Forum: Personal Consumer Issues
Topic: Unnecessary blood tests
Replies: 51
Views: 3041

Re: Unnecessary blood tests

The first thing I noticed was that the USPSTF is .ORG, not .GOV. It does not discredit the USPSTF but means that it's less authoritative than, for example, the National Institutes of Health (NIH), https://www.nih.gov/. Victoria https://prevention.nih.gov/about-odp/partnerships-collaborations NIH li...
by fposte
Wed Oct 30, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?
Replies: 52
Views: 4698

Re: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?

I think Freshly would be pretty close. Not the OP, but I like the look of Freshly myself; however, I don't want to give them my email address just to find out if they service my area (and I suspect they might not). Is there a workaround for getting that info? 2nd email account? I set up a Gmail acc...
by fposte
Tue Oct 29, 2019 9:19 pm
Forum: Personal Consumer Issues
Topic: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?
Replies: 52
Views: 4698

Re: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?

stan1 wrote:
Tue Oct 29, 2019 7:23 pm
I think Freshly would be pretty close.
Not the OP, but I like the look of Freshly myself; however, I don't want to give them my email address just to find out if they service my area (and I suspect they might not). Is there a workaround for getting that info?
by fposte
Mon Oct 28, 2019 3:42 pm
Forum: Personal Investments
Topic: 457Roth or Traditional Delimma AND checkup
Replies: 30
Views: 1023

Re: 457Roth or Traditional Delimma AND checkup

Please report back. If it turns out that 457b withdrawals must be pro rata across both Roth and pretax assets, it would be worth requesting that that be added to the 457b wiki page; it's hard information to find out about.
by fposte
Mon Oct 28, 2019 3:06 pm
Forum: Personal Investments
Topic: 457Roth or Traditional Delimma AND checkup
Replies: 30
Views: 1023

Re: 457Roth or Traditional Delimma AND checkup

fortfun, are you saying it's not possible to specify that withdrawals post-retirement come from pre-tax assets only? My 457 is pretty new to the Roth possibility so there's not much language around it, so I'm curious about my own situation and wondering if I've missed a key protocol here. I was ass...
by fposte
Mon Oct 28, 2019 2:57 pm
Forum: Personal Investments
Topic: 457Roth or Traditional Delimma AND checkup
Replies: 30
Views: 1023

Re: 457Roth or Traditional Delimma AND checkup

fortfun, are you saying it's not possible to specify that withdrawals post-retirement come from pre-tax assets only? My 457 is pretty new to the Roth possibility so there's not much language around it, so I'm curious about my own situation and wondering if I've missed a key protocol here. I was assu...
by fposte
Fri Oct 25, 2019 1:54 pm
Forum: Personal Investments
Topic: EJ to Vanguard: Do I liqudate EJ funds?
Replies: 13
Views: 635

Re: EJ to Vanguard: Do I liqudate EJ funds?

Why can't you transfer the securities to Vanguard? You should be able to transfer most. I am guessing either it is a mutual fund or a private security. Mutual funds is easy - liquidate but think about the capital gains taxes it might trigger. Private securities would be more tricky to liquidate. EJ...
by fposte
Tue Oct 22, 2019 8:14 pm
Forum: Personal Investments
Topic: How are we doing? Where to go from here? Funds are too complicated
Replies: 22
Views: 2208

Re: How are we doing? Where to go from here? Funds are too complicated

Yes you have many funds which makes it complicated. Have you read thru Taylor's 3 fund thread? https://www.bogleheads.org/forum/viewtopic.php?f=10&t=88005 No worries lots of good help from those smarter than me. :happy I would love to have it that simple! Capital gains on selling funds to accomplis...
by fposte
Tue Oct 22, 2019 1:26 pm
Forum: Personal Investments
Topic: Investing in equities in EDJ as cheaply as possible
Replies: 21
Views: 1367

Re: Investing in equities in EDJ as cheaply as possible

Is this about keeping him as a security blanket in case of contestation of a will? Because there's a pretty narrow window for contesting a will--if you're still in Illinois, it's only six months from entering probate. I don't think it's unreasonable to consider an individual's service valuable, wher...
by fposte
Tue Oct 22, 2019 12:29 pm
Forum: Personal Consumer Issues
Topic: BCBS wont pay lab bill...
Replies: 44
Views: 4110

Re: BCBS wont pay lab bill...

Unless there is a specific reason to do so, it is generally unexpected that a physician would have knowledge of your insurance policy, what it covered, etc. That is left to the office staff while the physician focuses on treatment. After all, the policy owner does not always know what is covered. H...
by fposte
Tue Oct 22, 2019 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Entrance Fee for Retirement Community
Replies: 45
Views: 6275

Re: Entrance Fee for Retirement Community

Based on my personal observation, I wouldn’t move to a CCRC until age 75 or so. Unless, of course, I had a progressive medical condition that made the CCRC a good option for the future and I was afraid that I couldn’t qualify if my condition deteriorated. Note also that a lot of CCRCs have waiting ...
by fposte
Sun Oct 20, 2019 5:03 pm
Forum: Personal Investments
Topic: Odds of Illinois Teacher Pension Solvency to use for Planning Purposes
Replies: 27
Views: 3015

Re: Odds of Illinois Teacher Pension Solvency to use for Planning Purposes

I have heard that Illinois has strong constitutional protections for pensions (they must be paid first). However, what I would ask is how is Illinois going to overcome the shortfalls as the pension liabilities are grim. You may collect your pension only to find that property taxes have tripled. I w...
by fposte
Tue Oct 15, 2019 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity DAF--how to minimize fees
Replies: 27
Views: 2360

Re: Fidelity DAF--how to minimize fees

Since you have to pay $100 a year for any amount between $0 and $16,666, I don't see a financial benefit of taking the fund down to 0. Or maybe yours is so generously funded that $16k feels like zero to you. I'm with dm200 in not really factoring in the expense, but yes, if you wanted to squeeze eve...
by fposte
Sun Oct 13, 2019 4:28 pm
Forum: Investing - Theory, News & General
Topic: How often do you look at your IRA or 401K Balances
Replies: 71
Views: 5757

Re: How often do you look at your IRA or 401K Balances

At least once a month on the workplace-related ones. I've had glitches with those so I want to make sure contributions are going when and where they're supposed to.
by fposte
Fri Oct 11, 2019 11:10 am
Forum: Investing - Theory, News & General
Topic: A great example of single stock risk
Replies: 51
Views: 5533

Re: A great example of single stock risk

GTAT. People posted as they lost their life savings. Edit: deleted link, because apparently the Contrarian Investor forum is no more. Dunno whether that's a comment on Contrarian Investing. If that’s the thread I’m thinking of, it was truly sobering to read. I'm sure that's the one. It was chilling...
by fposte
Thu Oct 10, 2019 1:31 pm
Forum: Investing - Theory, News & General
Topic: A great example of single stock risk
Replies: 51
Views: 5533

Re: A great example of single stock risk

GTAT. People posted as they lost their life savings.

Edit: deleted link, because apparently the Contrarian Investor forum is no more. Dunno whether that's a comment on Contrarian Investing.
by fposte
Wed Oct 09, 2019 11:47 am
Forum: Personal Consumer Issues
Topic: When to put on new roof?
Replies: 34
Views: 2870

Re: When to put on new roof?

Around here good roofers are pretty busy and their schedules are backed up, so it's usually a wait time of a month or two before they get to you. If it's like that where you are, factor that into the time.
by fposte
Tue Oct 08, 2019 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Controlling Discretionary Spending
Replies: 44
Views: 3115

Re: Controlling Discretionary Spending

It's only been 1 day and... Confessions: 1. Ordered 3, 20' cat 6 ethernet cables, $8.50 ea, total $25.50 2. Ordered 1 usb-c to rj45 adapter, $20 3. Ordered a SIM from Sprint, $29 Why didn't I wait wait? You like to shop. That's pretty common. If shopping itself is a reward, it's going to be difficu...
by fposte
Fri Oct 04, 2019 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Public Service Loan Forgiveness - Non Profit employees
Replies: 36
Views: 1809

Re: Public Service Loan Forgiveness - Non Profit employees

In light of the low percentage of successful forgiveness applications, if this were me, I'd pay them off as quickly as possible. Student loans tend to have horrible interest rates. Are your referring to the low percentage of successful forgiveness applications for THIS program in particular? Or jus...
by fposte
Fri Oct 04, 2019 11:19 am
Forum: Personal Investments
Topic: Revised & Shortened Post - Workplace Retirement Plan quesitons
Replies: 38
Views: 1673

Re: Revised & Shortened Post - Workplace Retirement Plan quesitons

Rheuminator wrote:
Fri Oct 04, 2019 11:09 am
I would be surprised if the automatic plan is something other than a 403b,
It sounds to me like it might be a 401a plan; those aren't uncommon in the nonprofit realm, and the OP describes it as a "money purchase retirement plan."
by fposte
Fri Oct 04, 2019 8:18 am
Forum: Investing - Theory, News & General
Topic: Plz share what you did to minimize retirement taxes
Replies: 32
Views: 4055

Re: Plz share what you did to minimize retirement taxes

I will be getting a pension immediately at retirement and no SS, so I have no income dip period to do conversions. I therefore switched to Roth contributions to 403b/457b in 2017. My 457 just started offering an in-plan Roth rollover, and when I ran the numbers, as long as I lived a decent lifespan ...
by fposte
Tue Oct 01, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Ponder this, BH's... is Ben & Jerry's worth it?
Replies: 142
Views: 11300

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

I like Graeter's fine but it's never blown me out of the water; it's texturally never better than okay. Would the supply chain get me better Graeter's in some parts of the country? I'm quite happy with a lot of the brands mentioned, but fresh-made ice cream beats them all. The texture really does go...
by fposte
Tue Oct 01, 2019 9:29 am
Forum: Personal Investments
Topic: Edward Jones investment choices, how to find
Replies: 18
Views: 1465

Re: Edward Jones investment choices, how to find

At EJ, I imagine she'd have to pay to move her money and pay another front-end load for the new funds; she's likely better off just staying where she is until she moves. But she might as well move fast; no benefit in staying longer.
by fposte
Mon Sep 30, 2019 11:52 pm
Forum: Personal Consumer Issues
Topic: Ants immune to Terro or just lots of ants?
Replies: 38
Views: 3062

Re: Ants immune to Terro or just lots of ants?

With a stubborn invasion, I move the Terro to the outside of the house, just on the other side of the wall from wherever they’re congregating.
by fposte
Sun Sep 29, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Calculating breakeven for PSLF (MFS or MFJ) vs. refi/payoff + stay-at-home parent?
Replies: 3
Views: 345

Re: Calculating breakeven for PSLF (MFS or MFJ) vs. refi/payoff + stay-at-home parent?

I'd factor in that PSLF is turning out very badly for people who counted on it; only about 1% applying actually have received it. You will have details about your SO's loan that will help you better gauge her eligibility, but it sounds like you're leaning toward a path that would make her ineligible...
by fposte
Sat Sep 28, 2019 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Employer is relocating - how to be allowed to work remotely
Replies: 51
Views: 3851

Re: Employer is relocating - how to be allowed to work remotely

Keep in mind it's not simply about being willing to have remote employees; it's also about the tax and legal issues of having employees in different states. If you're correct that they'll be allowing several employees to stay on and work remotely that's definitely to your advantage there, but it cou...
by fposte
Sat Sep 28, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: White Coat Investor: How to Live on $350k (Income) in Hawaii
Replies: 68
Views: 7371

Re: White Coat Investor: How to Live on $350k (Income) in Hawaii

While I agree with you, it is human nature to live a lifestyle comparable to your income and peers, who will tend to be in similar income brackets. Once you start spending on something, it feels like a need. Part of it is just a lack of understanding of finances. People feel like they have a big gr...
by fposte
Sat Sep 28, 2019 12:21 pm
Forum: Personal Consumer Issues
Topic: advise re small freezer
Replies: 7
Views: 327

Re: advise re small freezer

I have a small chest freezer (it's 5-7 cu ft) that could easily be put up on blocks. However, that would also raise the height of the freezer wall that you're bending over, which might be a problem. I think the suggestion of an upright freezer might be the best solution for you. Those generally run ...
by fposte
Sat Sep 28, 2019 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Beneficiary passes, leaves hospital bills, can hospitals get money from her trust fund until paid in full?
Replies: 24
Views: 4883

Re: Beneficiary passes, leaves hospital bills, can hospitals get money from her trust fund until paid in full?

State laws may apply, but I think in a lot of cases spouses are responsible for each other's medical, housing etc expenses. Do you have a cite for this? IANAL, but it looks like some states' take on the doctrine of necessaries could give creditors grounds. It seems like a tricky sell in practice, b...
by fposte
Sat Sep 28, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Beneficiary passes, leaves hospital bills, can hospitals get money from her trust fund until paid in full?
Replies: 24
Views: 4883

Re: Beneficiary passes, leaves hospital bills, can hospitals get money from her trust fund until paid in full?

State laws may apply, but I think in a lot of cases spouses are responsible for each other's medical, housing etc expenses. Do you have a cite for this? IANAL, but it looks like some states' take on the doctrine of necessaries could give creditors grounds. It seems like a tricky sell in practice, b...
by fposte
Sat Sep 28, 2019 5:20 am
Forum: Personal Finance (Not Investing)
Topic: White Coat Investor: How to Live on $350k (Income) in Hawaii
Replies: 68
Views: 7371

Re: White Coat Investor: How to Live on $350k (Income) in Hawaii

If you read the original blog post, you will see that the family that asked the question was living paycheck to paycheck and racking up credit card debt on $100,000 income in a low or medium cost area at the time they wrote their original email. While they seemed to think they were roughing it with...