Search found 2487 matches

by GerryL
Tue Nov 19, 2019 9:19 am
Forum: Personal Investments
Topic: Portfolio help - pre-retirement questions
Replies: 8
Views: 434

Re: Portfolio help - pre-retirement questions

Something to keep in mind about choosing an AA: When you retire, you will not immediately cash out all of your investments. You will want a large portion to keep growing for a long time. A key part of deciding on your AA is your ability to deal with a downturn, both financially and mentally. Missing...
by GerryL
Tue Nov 19, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: No Kids Yet - Beneficaries - Who are yours?
Replies: 29
Views: 1889

Re: No Kids Yet - Beneficaries - Who are yours?

Single. No kids.
I’m in the process of redoing my estate plan, but much will remain the same: Most going to charity, residual estate mostly to the executor (brother, nephew or friend). I figure that is payment/motivation for doing the job.
by GerryL
Tue Nov 19, 2019 8:32 am
Forum: Personal Consumer Issues
Topic: Looking for a charity giving Christmas experience
Replies: 42
Views: 1721

Re: Looking for a charity giving Christmas experience

My brother (in Orange County, CA) donates toys to an org that helps foster kids. Sometimes when I was visiting we’d go to toy stores and fill many carts. He also buys cartloads of items needed by homeless people. You could look for a reputable charity in your area that supports one of these vulnerab...
by GerryL
Tue Nov 19, 2019 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Why are most insurance products to protect against catastrophe but vision & dental insurance are for ordinary use?
Replies: 23
Views: 1550

Re: Why are most insurance products to protect against catastrophe but vision & dental insurance are for ordinary use?

Healthcare insurance seems to fall into both camps. It provides catastrophic coverage, but most people use it to reduce the cost they pay for more routine care. And now policies cover preventive care.
by GerryL
Tue Nov 19, 2019 8:11 am
Forum: Investing - Theory, News & General
Topic: market went down in 2018, so why do people forget that
Replies: 28
Views: 2402

Re: market went down in 2018, so why do people forget that

Forget? People? Which people?
I sure didn’t forget. The drop made my RMD (my first) smaller than I had been estimating (not a bad thing). But shortly into the new year my IRA had bounced back enough to more than cover the withdrawal — by a long shot.
by GerryL
Mon Nov 18, 2019 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: At What Point Did You Realize You Made It?
Replies: 33
Views: 4499

Re: At What Point Did You Realize You Made It?

OP,
Instead of thinking in terms of having "made it," maybe you can tell yourself that you are "ahead of the game." And then keep going.
by GerryL
Sat Nov 16, 2019 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Dental insurance covers 3 cleanings/yr?
Replies: 20
Views: 1870

Re: Dental insurance covers 3 cleanings/yr?

When I was on employer insurance, they continued to cover 3 cleanings/year since I had a diagnosis of periodontal disease (ugh). I am now on a pre-pay plan with my long-time dentist (who HATES dental insurance and will go into a 20-minue rant if you are not careful). I asked when I might go back to ...
by GerryL
Sat Nov 16, 2019 2:04 pm
Forum: Personal Investments
Topic: New to investing, starting a roth ira at 46
Replies: 26
Views: 1954

Re: New to investing, starting a roth ira at 46

Ok, thanks everyone. So, I still don't quite understand about for example, the mutual fund. Say, someday it's up to $20k or whatever. 1. As I get older, do I "get nervous" and say, "I'd better cash this is because it could drop down to $5k and I won't have any retirement money!" or am I overreactin...
by GerryL
Sat Nov 16, 2019 1:57 pm
Forum: Investing - Theory, News & General
Topic: Tax Deferred : Taxable : Tax Free
Replies: 78
Views: 3937

Re: Tax Deferred : Taxable : Tax Free

I picture my investments in rough blocks, not percentages. IRA (tax-deferred) is 4 blocks. Taxable is 2 blocks. Roth (tax-free) is 1 block So ratios are 4:2:1 Roth is smallest because that option was not available until I was almost 50. Stopped doing conversions when I realized that it really did no...
by GerryL
Fri Nov 15, 2019 8:13 pm
Forum: Personal Investments
Topic: New to investing, starting a roth ira at 46
Replies: 26
Views: 1954

Re: New to investing, starting a roth ira at 46

Hi, Regrettably, at 46 I have just begun to start a Roth Ira at Fidelity. I plan on working at least another 20 years, and maybe never retiring really as I don't think I can afford to. I don't make a lot of money and I'm single and have no kids. Is it too late to start a Roth? The Roth wasn't even ...
by GerryL
Fri Nov 15, 2019 4:54 pm
Forum: Investing - Theory, News & General
Topic: Letting retirement funds grow, without further contribution
Replies: 38
Views: 2120

Re: Letting retirement funds grow, without further contribution

For years I maintained a spreadsheet with multiple scenarios for growth of my investments based on amount invested each year and assumed growth. Each year I checked to see if actuals were keeping up with the numbers on the spreadsheet. When things started getting iffy at work, and I was looking at p...
by GerryL
Fri Nov 15, 2019 4:41 pm
Forum: Personal Consumer Issues
Topic: Best thing you have ever bought?
Replies: 145
Views: 10979

Re: Best thing you have ever bought?

My first TiVo. Back before streaming and all the cable companies had vod and dvr capabilities, I often had to miss my favorite shows due to shift work. Never missing those shows and having them available to watch when I came home at 3 am was great. I have to admit that I AM hooked on my Tivo, which...
by GerryL
Fri Nov 15, 2019 4:32 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.

This is why my taxable account is in a balanced fund that mirrors my AA. Well, 60/40 stock/bond, not including international. But that way I am able to do any needed rebalancing in tax-advantaged space. To be honest, I didn't know enough to think about the tax consequences when I made this decision ...
by GerryL
Thu Nov 14, 2019 7:35 pm
Forum: Personal Consumer Issues
Topic: What exactly changes when I switch SIM cards on a phone?
Replies: 10
Views: 1422

Re: What exactly changes when I switch SIM cards on a phone?

When I put my European SIM card into my iPhone, I have to go to a website to load some s/w that change a few settings. When I return, I have to undo the changes. That's because the SIM cards are on two different networks.
by GerryL
Thu Nov 14, 2019 7:30 pm
Forum: Personal Consumer Issues
Topic: Consequence of senior not paying phone bill and closing account
Replies: 31
Views: 1854

Re: Consequence of senior not paying phone bill and closing account

Pay it with warning that you intend to write a negative review. If they don't give you a break on the bill, then write up the story on online review sites using only FACTS. No name calling or opinions. "I would not use this company again because Fact 1, Fact 2, Fact 3."
by GerryL
Thu Nov 14, 2019 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Sell Higher or Lower Basis first?
Replies: 17
Views: 636

Re: Sell Higher or Lower Basis first?

Summary: All things being equal, is it better to sell stock with a higher or lower basis? Under which circumstances does it depend? All things are never equal. You do what makes sense in your tax situation in a given year. I have a chunk of company stock. Every other year I am using low-cost-basis ...
by GerryL
Wed Nov 13, 2019 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 110
Views: 9865

Re: The difficulty of discarding frugality?

Retired 5 years. Have always been frugal, sometimes cheap. (As kids my brother labeled me a frugal miser.) It has taken a while to loosen the purse strings, but I am discarding the cheapness and embracing both frugality AND spending. Routine tracking of spending, so I know that I am well within my s...
by GerryL
Wed Nov 13, 2019 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Forgotten Expenses in Retirement--Travel
Replies: 32
Views: 2622

Re: Forgotten Expenses in Retirement--Travel

A year or so into retirement and after one international trip, I set a generous budget for annual travel. The next year, new opportunities came up and I shot past the target by about 50%. But that is okay because my other expenses are quite low, and I don't even spend my full allotted budget. So I w...
by GerryL
Wed Nov 13, 2019 12:26 am
Forum: Personal Investments
Topic: Questions about Fidelity Charitable DAF
Replies: 34
Views: 1899

Re: Questions about Fidelity Charitable DAF

2. It appears Fidelity does not allow you to continue to hold the same position in the DAF - so you can't just contribute x shares of y stock to the DAF and have that asset in the DAF - It seems Fidelity lets you transfer the appreciated shares to the DAF but then once in the DAF, they immediately ...
by GerryL
Tue Nov 12, 2019 7:26 pm
Forum: Personal Consumer Issues
Topic: Blankets/Bedding for Cold Winter Nights
Replies: 56
Views: 3496

Re: Blankets/Bedding for Cold Winter Nights

We just started using a weighted blanket. It's great for warmth, and also has us sleeping more soundly. Go figure. I have also just started sleeping under a weighted blanket. (No idea what that might be like come summer.) Dark half of the year I use flannel sheets. Simple poly-filled comforter. Cur...
by GerryL
Tue Nov 12, 2019 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Health Reimbursement Account (company funded HRA)
Replies: 9
Views: 359

Re: Health Reimbursement Account (company funded HRA)

I have an HRA from my former employer that can be used to reimburse medical and healthcare premiums. Only premiums. I understand that it is being phased out for people hired since I retired. There are no taxes on the dollars that are reimbursed and there was no tax on the total that was put into my ...
by GerryL
Tue Nov 12, 2019 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Educate myself with financial planning
Replies: 8
Views: 480

Re: Educate myself with financial planning

1. We have cash sitting in our savings account that we'd like to invest. Wife wants to talk to a financial advisor. I'd like to manage it myself. Happy wife, happy life. 2. How do I educate myself so that I can manage the investments? Any online courses or books that help me learn what a financial ...
by GerryL
Tue Nov 12, 2019 1:58 pm
Forum: Personal Consumer Issues
Topic: Roku - is the Express sufficient?
Replies: 31
Views: 1502

Re: Roku - is the Express sufficient?

I bought a Roku Express a few months ago. From Amazon. It arrived and I had it installed within 24 hours of placing the order! Easy to install (although I only have 2 HDMI ports and had to unplug a little-used device) and easy to figure out how to use. The Express remote does not have voice control....
by GerryL
Mon Nov 11, 2019 8:25 pm
Forum: Personal Consumer Issues
Topic: Organization supporting Veterans - Donation
Replies: 19
Views: 783

Re: Organization supporting Veterans - Donation

I've been giving a little each year to Homes for Our Troops, which custom builds houses for local disabled vets. I selected them because I volunteered on one of their projects and they continue to have projects in the region.
by GerryL
Mon Nov 11, 2019 2:28 pm
Forum: Investing - Theory, News & General
Topic: "Retirees' Year-End Tax-Planning Guide"
Replies: 9
Views: 1673

Re: "Retirees' Year-End Tax-Planning Guide"

dmcmahon wrote:
Mon Nov 11, 2019 12:19 pm
Good article, I’d ask Ms.Benz to think about one more idea re. charitable giving: using a donor-advised fund to lump contributions in order to get over the higher standard deduction.
That idea is tucked into the paragraph on charitable giving strategies.
by GerryL
Sun Nov 10, 2019 7:34 pm
Forum: Personal Consumer Issues
Topic: Kindle/Paperwhite -E Reader
Replies: 20
Views: 1483

Re: Kindle/Paperwhite -E Reader

Yes. I was just about to write to check your local library for loaners. Great way to figure out if you/she is comfortable using it. I tried out my brother's e-reader years ago during a visit so I could make up my mind about getting one. BTW, in addition to e-reader loaners, some libraries also have ...
by GerryL
Sun Nov 10, 2019 7:01 pm
Forum: Personal Consumer Issues
Topic: Saving seats on Southwest
Replies: 210
Views: 11210

Re: Saving seats on Southwest

Another SW seating issue … that was apparently resolved. Back in the old days, before the early-bird option, I was near the front of the line for boarding. Of course, we had to wait for the "people needing assistance" to go ahead of us and take the first seats. As I finally got on the plane, I notic...
by GerryL
Sun Nov 10, 2019 4:52 pm
Forum: Personal Investments
Topic: Questions about Fidelity Charitable DAF
Replies: 34
Views: 1899

Re: Questions about Fidelity Charitable DAF

In answer to #5 5. Fidelity DAF requires a minimum $5k donation to start. Do you have to keep the balance of the DAF at $5k or can it fall below that? You do NOT have to keep a $5k minimum in the DAF. My DAF routinely has gone down to around $1k before I make my next contribution to the fund. I am d...
by GerryL
Sun Nov 10, 2019 4:41 pm
Forum: Personal Investments
Topic: Money Market Fund in IRA for RMD
Replies: 17
Views: 1060

Re: Money Market Fund in IRA for RMD

In you have converted to the Vanguard Brokerage account for your IRA, you have a settlement account, Vanguard Federal Money Market Fund, which is currently yielding about 1.8%. In this, my first RMD year, I saw that the money that had disappeared in the EOY dip had come back fairly early on, so I de...
by GerryL
Sun Nov 10, 2019 4:22 pm
Forum: Personal Consumer Issues
Topic: Saving seats on Southwest
Replies: 210
Views: 11210

Re: Saving seats on Southwest

I used to fly SW rather frequently, often for work. Once I was boarding, maybe in C group, and continued down aisle looking for a window seat. Almost to the back of the plane I found one! I plopped myself into the seat and congratulated myself on my good luck . (The view of the mountains on the way ...
by GerryL
Fri Nov 08, 2019 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Mother gave out social security number to fraudulent caller
Replies: 12
Views: 1604

Re: Mother gave out social security number to fraudulent caller

Hi My mother told me she gave out her SSN to a caller who told her she was from Homeland Security. This happened 3 months ago. Other than checking her credit reports and freezing her credit what else should I be doing? Underlying question: Did she give any other information? Birth date. Previous ad...
by GerryL
Fri Nov 08, 2019 4:57 pm
Forum: Personal Investments
Topic: Need some guidance at retirement time
Replies: 13
Views: 940

Re: Need some guidance at retirement time

Am I correct that a surviving spouse has to choose whether to keep their own social security or drop it in exchange for 1/2 of their deceased spouse's benefit? A surviving spouse would get an amount equal to the larger of their SS or the deceased spouse's SS. So it is often best for the higher earn...
by GerryL
Fri Nov 08, 2019 1:44 pm
Forum: Personal Investments
Topic: taxation when rebalancing??
Replies: 14
Views: 927

Re: taxation when rebalancing??

Hold tax-efficient equity funds in your taxable accounts, and change your tax-advantaged accounts from target-date funds to a mix of index equity and bond funds. Then you can rebalance entirely within your tax-advantaged space. Works well unless your AA and the size of your accounts dictate that yo...
by GerryL
Fri Nov 08, 2019 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage to prepay or not prepay
Replies: 83
Views: 6454

Re: Mortgage to prepay or not prepay

I was just wondering where individuals thought the collective Boglehead group was on the subject. I know the majority of investing subjects there is a general consensus on broad principles. My thinking is it’s probably 60% prioritize taxable investing over prepay mortgage. I figured others had a be...
by GerryL
Fri Nov 08, 2019 1:18 pm
Forum: Investing - Theory, News & General
Topic: How often should someone rebalance?
Replies: 43
Views: 3131

Re: How often should someone rebalance?

I've never been very diligent about rebalancing, except when I could do push-button rebalancing in a 401k at Fidelity. Now that I am retired, I am using my personal RMD season as a time to get back to my AA. My taxable account is in a 60/40 fund, so I don't even have to worry about that.
by GerryL
Thu Nov 07, 2019 6:44 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord & Live Television
Replies: 45
Views: 2960

Re: Cutting the Cord & Live Television

Never have had a cord to cut. Life-long OTA gal here. I can get local channels with a simple table-top antenna. I have basic Netflix. Bought a Tivo OTA box several years ago that has a lifetime programming subscription. (That's life of the box, not you). Almost never watch anything in real time anym...
by GerryL
Thu Nov 07, 2019 3:22 pm
Forum: Personal Consumer Issues
Topic: Flooring
Replies: 19
Views: 1069

Re: Flooring

I had LVT installed as part of a whole-house refresh over 5 years ago. I like both the look and the feel -- softer and warmer than tile.
Note, I do have carpeting in other parts of the house.
by GerryL
Thu Nov 07, 2019 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 4560

Re: Best month to take RMDs?

My plan, which I started executing this year: First half of year do QCDs. Second half of year, take remainder of RMD and have taxes withheld to satisfy Safe Harbor rules. This year I actually moved my RMD amount to cash in my IRA well before I started executing on my plan. The market dip in December...
by GerryL
Wed Nov 06, 2019 2:56 pm
Forum: Personal Investments
Topic: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash
Replies: 38
Views: 2624

Re: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash

i dont think this is a good approach and stick to buy and hold, but it does have a certain logic to it. but, for one thing, youd have to have an almost absolute certainty the index was going to tank, which isn't always possible . that's my main hang up. what are your thoughts? CORRECTION: It's NEVE...
by GerryL
Sat Nov 02, 2019 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: EverSafe and cognitive decline study
Replies: 13
Views: 1629

Re: EverSafe and cognitive decline study

... The people conducting the study will get only non-financial data from EverSafe. ...I have spoken with the study coordinator and have read the consent form. I’ve been assured that EverSafe would not have access to my accounts. I’ve tried reading up about the company. ... What is the study coordi...
by GerryL
Sat Nov 02, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: EverSafe and cognitive decline study
Replies: 13
Views: 1629

Re: EverSafe and cognitive decline study

The study is irb approved which means it has passed ohsu's standards for ethical human research. What are you concerned might happen? Did you ask the consenting researcher about your concerns? My concern is not with the study but with the company. I asked whether I would need to give EverSafe acces...
by GerryL
Fri Nov 01, 2019 8:18 am
Forum: Investing - Theory, News & General
Topic: 2019 Bogleheads Conference Notes
Replies: 21
Views: 4005

Re: 2019 Bogleheads Conference Notes

Any discussion about location of the 2020 conference?
by GerryL
Fri Nov 01, 2019 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Anyone here use a fee-only flat fee investment advisor?
Replies: 17
Views: 1620

Re: Anyone here use a fee-only flat fee investment advisor?

Don't want to use one of the AUM advisor since I have a substantial amount to invest. My situation and age makes me need to forgo the going alone role which I current do. I cannot use the Schwab or Vanguard Advisory service since I have a profit sharing plan which is active. Are you looking for an ...
by GerryL
Thu Oct 31, 2019 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: EverSafe and cognitive decline study
Replies: 13
Views: 1629

EverSafe and cognitive decline study

I am considering volunteering for a study (through Oregon Health Sciences University/ORCATECH) that seeks “to examine how, or whether, financial behaviors change with age.” The tool that will be used to collect data is the EverSafe service that helps seniors and their families keep track of changes ...
by GerryL
Tue Oct 29, 2019 11:58 am
Forum: Personal Consumer Issues
Topic: Anyone have an issue with Corelle plates?
Replies: 38
Views: 3601

Re: Anyone have an issue with Corelle plates?

How often do yo they guys break plates that you need indestructible ones? Is there something pleasing about the Corelle material that you guys like? We buy ceramic plates and bowls and mugs at the restaurant supply store. If you need to replace them, they’re like $2. And the design is classic plain...
by GerryL
Mon Oct 28, 2019 2:03 pm
Forum: Personal Consumer Issues
Topic: Anyone have an issue with Corelle plates?
Replies: 38
Views: 3601

Re: Anyone have an issue with Corelle plates?

I bought my set of Corelleware back in the mid 1970s. Plain white. (Oddly, I later learned that my father, who was setting up housekeeping post-divorce, bought the exact same set.) I am still using that set, which has been expanded with additional pieces bought through the years. I have had to dispo...
by GerryL
Sun Oct 27, 2019 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Do prices on umbrella policies adjust annually or remain fixed?
Replies: 14
Views: 1206

Re: Do prices on umbrella policies adjust annually or remain fixed?

When I was shopping for an umbrella policy, I was told that the premium would go up significantly when I hit a significant birthday. Think it was 70th. Apparently the premium pricing has an age component.
by GerryL
Sun Oct 27, 2019 12:54 pm
Forum: Personal Investments
Topic: Do You Pay For Financial Advice?
Replies: 76
Views: 4328

Re: Do You Pay For Financial Advice?

I always wonder if paid advice might be warranted. How could you know if you would have been better off paying for (and following) advice or not? Even if the results were good, how could you possibly know that they wouldn't have been even better? You can't really know if it would have been better w...
by GerryL
Sat Oct 26, 2019 4:09 pm
Forum: Personal Investments
Topic: Do You Pay For Financial Advice?
Replies: 76
Views: 4328

Re: Do You Pay For Financial Advice?

Do I pay for financial advice? Short answer: No. Slightly longer answer: Every few years I hire a CPA friend for an hour to review my draw-down plans to make sure I am correctly understanding tax implications of changes I might be considering. Her insight has been helpful. Have consolidated and simp...