Search found 665 matches

by fourwheelcycle
Tue Aug 13, 2019 8:51 pm
Forum: Personal Consumer Issues
Topic: Do you "lock" computers in your home?
Replies: 77
Views: 5167

Re: Do you "lock" computers in your home?

whodidntante wrote:
Tue Aug 13, 2019 7:34 pm
I use full disk encryption on every drive, including removable drives. And I lock the computer when I'm not physically sitting at it.
+1 We do the same with our computers.
by fourwheelcycle
Tue Aug 13, 2019 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: [Does Vanguard have a process for handling customer feedback?]
Replies: 22
Views: 1366

Re: [Does Vanguard have a process for handling customer feedback?]

My wife and I have had 100% of our taxable savings and rollover IRAs at Vanguard for over thirty-five years. We have had excellent service overall and currently we have a fantastic personal representative who facilitates our interaction with other Vanguard specialists and advocates for us whenever n...
by fourwheelcycle
Sat Aug 10, 2019 6:28 am
Forum: Personal Consumer Issues
Topic: Please Help Me Find a Travel Group for My 70-Year-Old Mom
Replies: 43
Views: 3307

Re: Please Help Me Find a Travel Group for My 70-Year-Old Mom

Check out VBT bicycle or walking trips. We have done many, many of their bicycle trips. Airfare and all airport-hotel transfers can be included at a very good price, which makes VBT trips easy to book and navigate. There are usually about eighteen travelers and always two guides for each trip. Mostl...
by fourwheelcycle
Fri Aug 09, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Unlimited Paid Time Off ("PTO") and Sick Time: cui bono and how does it work?
Replies: 21
Views: 2175

Re: Unlimited Paid Time Off ("PTO") and Sick Time: cui bono and how does it work?

For three years, early in my career, I had an academic job where there were no sick day or vacation rules - none. My department chair said I, and others in our department, could take off as many days as we wished, with no advance review or approval, for any purpose, so long as we were able to comple...
by fourwheelcycle
Tue Aug 06, 2019 11:12 am
Forum: Personal Investments
Topic: Interesting Note on Bogleheads Podcast No. 004
Replies: 4
Views: 649

Re: Interesting Note on Bogleheads Podcast No. 004

.... what's the motivation for considering an extra 10% if the market levels off "down"? It would be nice to buy equities on "sale". I've never done it on a brief downturn for fear the market would go back up before Vanguard settled my TSM Index order, but if the market stayed down for awhile, and ...
by fourwheelcycle
Tue Aug 06, 2019 7:50 am
Forum: Personal Investments
Topic: Interesting Note on Bogleheads Podcast No. 004
Replies: 4
Views: 649

Interesting Note on Bogleheads Podcast No. 004

I just saw a post elsewhere about the Bogelheads Podcast https://bogleheads.podbean.com/ and listened to Episode 004, which reviewed Christine Benz' bucket approach, among other topics. I had heard of the bucket approach, but I thought it meant setting aside buckets for future expenses like college,...
by fourwheelcycle
Sat Aug 03, 2019 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: For long time retirees, do you use a spreadsheet?
Replies: 37
Views: 2636

Re: For long time retirees, do you use a spreadsheet?

In my early forties I developed my first Excel workbook with one sheet that listed all of our savings by institution, account number, and balance, for our personal and work-related savings. In my fifties I added a linked second sheet that projected our non-tax expenses, personal and work-related sav...
by fourwheelcycle
Thu Aug 01, 2019 7:51 am
Forum: Personal Consumer Issues
Topic: any numismatists (coin collectors) out there?
Replies: 22
Views: 2183

Re: any numismatists (coin collectors) out there?

A few years ago I sold my dad's coin collection to Suzzanne Johnson at https://www.coinappraisal.org/. Suzzanne set up a video chat appointment with me using my iphone, gave me instructions for how to get organized in advance, and then looked over all the coins I had. If Suzzanne still does this ca...
by fourwheelcycle
Mon Jul 29, 2019 7:42 pm
Forum: Personal Consumer Issues
Topic: Your Favorite [Travel Destination] on Earth: Where and Why?
Replies: 184
Views: 20779

Re: Your Favorite [Travel Destination] on Earth: Where and Why?

This is a great thread - I am watching it for new places to visit. If my favorite place to go is the place I seem to go back to the most, my answer has to be Sedona and the Grand Canyon. In Sedona we love to hike up Cathedral Rock and rent Rubicon jeeps in the back country. At the Grand Canyon we lo...
by fourwheelcycle
Mon Jul 15, 2019 8:45 pm
Forum: Personal Investments
Topic: Grandparent 529s
Replies: 29
Views: 2256

Re: Grandparent 529s

For what it's worth, I think 529's are a good way to go and they are not too restrictive. We are funding Nevada Vanguard 529s for each grandchild as they arrive. The 529s will remain in our name for now, but if the parents are eligible for college aid when the time comes all or part of each account'...
by fourwheelcycle
Thu Jul 11, 2019 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to Safely Share User IDs / Passwords with Spouse
Replies: 79
Views: 6155

Re: How to Safely Share User IDs / Passwords with Spouse

1Password, LastPass or Keepass are the options that many people use. The first two are commercial and better supported & more usable. I use 1Password and I love it. Unfortunately, my wife has no interest in learning to use new software just for her passwords. She writes the five or six passwords sh...
by fourwheelcycle
Mon Jul 08, 2019 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Avoid probate question
Replies: 6
Views: 803

Re: Avoid probate question

Divorce- I sure hope not. Outlive her spouse and remarry, maybe? Can I ask why that was included? Divorces do happen, and fights over money unfortunately ensue all too frequently. My wife's cousins' father died and left everything outright to their mother. Their mother remarried and - surprise - sh...
by fourwheelcycle
Mon Jul 08, 2019 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11151

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

I cared for my elderly aunt, who lived three hours away, by helping her move to an assisted living facility near my home. As her DPOA for finances and health care, I paid all her bills and arranged for all of her health care during the last three years of her life. My wife and her sister helped thei...
by fourwheelcycle
Fri Jul 05, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Adult child - cars & residency
Replies: 14
Views: 1152

Re: Adult child - cars & residency

Our sons did not have cars during their first three years of college. During their senior years we gave them money to buy their first cars, titled in their own names. They also got car insurance in their own names. We did that mostly to help start them out on their own adult lives, but also partly t...
by fourwheelcycle
Mon Jul 01, 2019 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: At What Age or Point in your Career did your investments start outweighing your regular paychecks?
Replies: 85
Views: 11520

Re: At What Age or Point in your Career did your investments start outweighing your regular paychecks?

Since most people do not realize year to year gains in the value of their investments, and since that value can go up and down with the market, I think the most realistic way to ask this question is "when did your annual 1099-DIV income, plus the (unreported) interest and dividend income on your ret...
by fourwheelcycle
Sat Jun 29, 2019 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: How much should I have saved for retirement by age 40?
Replies: 111
Views: 18141

Re: How much should I have saved for retirement by age 40?

Build your own spreadsheet out to age 100. Include a column for your annual expenses, with a fixed reference cell for annual CPI increases. You already said you can see when some expenses will drop out as you approach retirement. Other expenses, like travel, may increase. You can build those expecta...
by fourwheelcycle
Thu Jun 27, 2019 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Tired of being authorized user on credit cards - opening my own
Replies: 24
Views: 1790

Re: Tired of being authorized user on credit cards - opening my own

My wife and I just learned she has been an authorized user rather than a joint owner on our two main credit cards. ... We called BoA and we were able to add my wife as a joint owner on our cards in one phone call. This is exactly the situation we have except joint accounts aren't offered on our car...
by fourwheelcycle
Thu Jun 27, 2019 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Tired of being authorized user on credit cards - opening my own
Replies: 24
Views: 1790

Re: Tired of being authorized user on credit cards - opening my own

My wife and I just learned she has been an authorized user rather than a joint owner on our two main credit cards. We have had them for twenty years or more and I guess we just forgot we originally applied for them in my name. The cards are both issued by Bank of America. We each have cards with our...
by fourwheelcycle
Thu Jun 27, 2019 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Deferred compensation, thoughts?
Replies: 22
Views: 1819

Re: Deferred compensation, thoughts?

... there are a few key downsides. The biggest one is that it's a non-qualified plan. Meaning that the company doesn't guarantee you will get this money.... You are simply a general creditor and far down the line of those to be paid in the event your company gets into financial trouble. I don't kno...
by fourwheelcycle
Thu Jun 20, 2019 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Estate help - multi states involved
Replies: 21
Views: 1328

Re: Estate help - multi states involved

Vanguard said if they liquidate the account they’ll have to pay on the capital gains since the account was opened in the 1990’s. I think Vanguard is just trying to discourage us from pulling the money ..... Vanguard said if they split the account equally into 13 accounts then the capital gain taxes...
by fourwheelcycle
Wed Jun 19, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: How to estimate taxes during retirement?
Replies: 39
Views: 2847

Re: How to estimate taxes during retirement?

... the check you are writing in January is ... a payment of estimated taxes. Right, I combine the amounts of our third-party withholding with my estimated tax payment to compare our total withholding plus my estimated tax payment to the IRS' safe harbor requirements - but I cut corners in distingu...
by fourwheelcycle
Wed Jun 19, 2019 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: how do you manage your cash flow in retirement
Replies: 28
Views: 3539

Re: how do you manage your cash flow in retirement

We use Bank of America, which has a physical branch near our house, for our checking and overdraft-linked savings accounts. Our cash rewards and travel credit cards are also at BoA. All of our taxable savings and rollover IRAs are at Vanguard, and our Vanguard account is linked to our BoA checking a...
by fourwheelcycle
Tue Jun 18, 2019 8:56 pm
Forum: Personal Consumer Issues
Topic: Extend MacBook Battery Life by plugging in as much as possible?
Replies: 49
Views: 3694

Re: Extend MacBook Battery Life by plugging in as much as possible?

This may all be a bit of black magic, but I read recently that laptop battery life can be extended the longest if they are used too 50% charge, then recharged to 90%, then used to 50%, etc. Conclusion - never deep discharge and never fully charge to max.
by fourwheelcycle
Tue Jun 18, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: How to estimate taxes during retirement?
Replies: 39
Views: 2847

Re: How to estimate taxes during retirement?

I don't try to estimate our taxes. Between my retirement, my wife still working, and our SS and RMDs beginning, there is a lot of bounce in our income. I just wait until January each year. I add up all of our automatic withholding and compare it to the IRS' safe harbor rules. If necessary, I write a...
by fourwheelcycle
Sun Jun 16, 2019 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Short-term money needs for Executor of Estate
Replies: 57
Views: 4148

Re: Short-term money needs for Executor of Estate

I am co executor and power of attorney for my mom. I will not file will with court. I will not do probate. I'm confused. Regardless of anything else, I believe that state laws absolutely require anybody who is in possession of a person's will to file it with the courts within a specified time perio...
by fourwheelcycle
Thu Jun 13, 2019 10:56 am
Forum: Personal Consumer Issues
Topic: Which car to buy?
Replies: 29
Views: 2740

Re: Which car to buy?

Only you know whether you can easily afford the nicer car. If you can truly easily afford it, and you know you would enjoy it, I think you should go ahead and buy the nicer car. You can buy it now or whenever you feel like pulling the trigger. My wife and I drove Toyotas, Dodges, and Pontiacs our wh...
by fourwheelcycle
Wed Jun 12, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Late Life/End of Life Expenses
Replies: 38
Views: 3928

Re: Late Life/End of Life Expenses

My father is 97. He lives in an independent living unit at a very excellent retirement facility. His total annual expenses exceed his pension, social security, and 1099 DIV income by an amount which represents a 3% draw on his savings. If he ever needs to move to assisted living or a nursing home hi...
by fourwheelcycle
Wed Jun 12, 2019 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Short-term money needs for Executor of Estate
Replies: 57
Views: 4148

Re: Short-term money needs for Executor of Estate

I am my elderly father's executor and DPOA for finances and health care. With agreement from him, and my siblings, the other heirs, I have set aside a portion of his savings in a joint Marcus savings account, with my father as the primary owner and me as the secondary owner. I have consolidated the ...
by fourwheelcycle
Sat Jun 08, 2019 9:40 am
Forum: Personal Consumer Issues
Topic: How did you adjust to your kids moving out?
Replies: 11
Views: 1077

Re: How did you adjust to your kids moving out?

Not too much of a problem, since we eased into it. Second child was still home for oldest child's first three years of college, and both children were mostly home for summers during college. The next problem, once they are on their own, is getting them to move out all of their possessions so your wh...
by fourwheelcycle
Thu Jun 06, 2019 7:10 am
Forum: Personal Consumer Issues
Topic: Buying Burial Plot in advance
Replies: 53
Views: 2886

Re: Buying Burial Plot in advance

My mother's family has a family plot in a quaint Vermont cemetery with a small monument in the center and burial spaces all around it, with burials going back to the mid-1800's. My mother and father will be buried there. However, I doubt our children would ever make the trip to that cemetery, so my ...
by fourwheelcycle
Wed Jun 05, 2019 6:36 am
Forum: Personal Consumer Issues
Topic: Recommendations for "Backup" software
Replies: 40
Views: 2848

Re: Recommendations for "Backup" software

I use Sync.com. It can be installed on up to five personal computers or devices - Windows, MacOS, Android, or iOS. When you create a new file or make a change to an existing file, at home or on the road, the new or changed file is instantly backed-up to their secure, zero-knowledge encrypted cloud s...
by fourwheelcycle
Mon Jun 03, 2019 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Should All Grandkids Be Treated as Equal Members of Same Class?
Replies: 104
Views: 8375

Re: Should All Grandkids Be Treated as Equal Members of Same Class?

Wow - this thread is filling up fast! We do (a) and (b). We are leaving our estate to our two adult children in equal shares. If they end up giving or leaving equal portions of their inheritance to their children, uneven in number across our two children at this time, their children will receive une...
by fourwheelcycle
Sun Jun 02, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Trusts and trustees
Replies: 9
Views: 877

Re: Trusts and trustees

Our first and second successor trustees are our adult children, in their mid-thirties. They know we have a trust and that they are our successors. We have told them how to access our trust, our finances, and our "what to do if we die" instructions if we happen to go down in a plane crash, etc. They ...
by fourwheelcycle
Fri May 31, 2019 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Should my wife and I cancel our Whole Life Insurance policies?
Replies: 31
Views: 2371

Re: Should my wife and I cancel our Whole Life Insurance policies?

Yes, cancel your policies. I'm sorry your financial advisor recommended the policies, but I'm glad you have found BH. The next step is to keep educating yourself on finances, including passive index fund investing. We use Vanguard's 529 fund for college savings. I've told this story before, but I th...
by fourwheelcycle
Wed May 29, 2019 6:11 am
Forum: Personal Consumer Issues
Topic: What’s the best material for paving driveway?
Replies: 33
Views: 2458

Re: What’s the best material for paving driveway?

TomatoTomahto wrote:
Wed May 29, 2019 5:54 am
That sounds interesting!
For a starting point, do a Google images search for drivable turf driveway; then for drivable grass driveway.
by fourwheelcycle
Tue May 28, 2019 8:46 pm
Forum: Personal Consumer Issues
Topic: What’s the best material for paving driveway?
Replies: 33
Views: 2458

Re: What’s the best material for paving driveway?

If you go with a paving system called drivable grass you could be the first person on your block to have this type of driveway! It can be accomplished with small pavers laid with narrow strips of grass growing around each paver, or with metal or heavy duty plastic mesh grids imbedded in a substrate ...
by fourwheelcycle
Tue May 28, 2019 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Contingent beneficiaries on a Vanguard Joint Account
Replies: 6
Views: 550

Re: Contingent beneficiaries on a Vanguard Joint Account

You're right - Vanguard won't let you designate beneficiaries for a taxable account. We faced this issue and decided to set up a joint revocable trust account at Vanguard. There are many threads on BH that point out beneficiary or TOD designations are a very limited strategy to replace a will or tru...
by fourwheelcycle
Mon May 27, 2019 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Help understanding health insurance for a 4 month gap
Replies: 6
Views: 742

Re: Help understanding health insurance for a 4 month gap

What is medical indemnity coverage at $50 per month? That sounds like a great bargain if it is comprehensive inpatient and outpatient health insurance, but I imagine that is not what it is. What is the up front deductible, subsequent copay percentage, and ultimate coverage limit for the catastrophic...
by fourwheelcycle
Mon May 27, 2019 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Parents as dependents and gift tax
Replies: 20
Views: 1949

Re: Parents as dependents and gift tax

I think we need more information from the OP. Since they are married they can give OP's parents $60K per year, and if they are planning ahead, as it appears they are, they should also be able to arrange to pay the parents' medical expenses directly. If this level of assistance will not cover the par...
by fourwheelcycle
Sat May 25, 2019 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Struggling over how to monetize my TIAA Traditional
Replies: 14
Views: 1089

Re: Struggling over how to monetize my TIAA Traditional

My wife and I took TIAA's ten year payout, ten years ago, but we did not take it as cash. Each year we rolled the money out to IRAs invested in portfolios of Vanguard total stock market and intermediate bond market index funds. The IRAs allow us to take whatever we need each year and let the rest gr...
by fourwheelcycle
Wed May 22, 2019 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when you have enough?
Replies: 31
Views: 4150

Re: What to do when you have enough?

Subject to unforeseen medical expenses or other emergent needs, I would spend no more than 3-4% of the principal per year for now. I would plan to leave not less that half of the principal to charity, beginning now if I had a clear vision and plan, or beginning when I was older (than 30) at a time w...
by fourwheelcycle
Wed May 22, 2019 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Payable On Death Account to Complement Will
Replies: 66
Views: 3606

Re: Payable On Death Account to Compliment Will

I have spent hundreds of hours handling her estate. I never imagined it would be so involved, and now kind of wish there had been some sort of compensation. When she was about 78 my never-married aunt asked me if I would serve as her executor and DPOA for finances and health care. I said yes, and I...
by fourwheelcycle
Tue May 21, 2019 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Payable On Death Account to Complement Will
Replies: 66
Views: 3606

Re: Payable On Death Account to Compliment Will

Leesboro63, Estate planning is driven by a multitude of "what if" considerations. POD designations collapse all these questions to a single certainty on how the POD portion of your friend's estate will be disposed of. Each what if may represent a small likelihood by itself, but together all of these...
by fourwheelcycle
Tue May 21, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: How to help DW to manage the invested money ??
Replies: 36
Views: 2972

Re: How to help DW to manage the invested money ??

.... each of us has a Revocable Trust with the Spouse as a Trustee. ie.... She is a Trustee on my Trust and on my passing the Assets in my Trust will automatically pass on to to her without going through the Probate. My spouse and I have a joint revocable trust, with our financially literate adult ...
by fourwheelcycle
Tue May 21, 2019 8:35 am
Forum: Personal Finance (Not Investing)
Topic: How to help DW to manage the invested money ??
Replies: 36
Views: 2972

Re: How to help DW to manage the invested money ??

What can I put in place now to help DW manage & use our life savings when I pass? .... We have not been able to get past all the passwords written down. Both our adult kids are on their own....and do not have any interest to get to know our finances. .... I manage our finances myself, keep them sim...
by fourwheelcycle
Sat May 18, 2019 7:18 am
Forum: Personal Consumer Issues
Topic: Why do plumbers get paid so well?
Replies: 84
Views: 6507

Re: Why do plumbers get paid so well?

Joke then Story A surgeon in the DC area needed a plumber on a Sunday. When he saw the plumber's bill he said "Wow, I'm a surgeon and I don't charge that much per hour". The plumber said "Yeah, I know, I didn't charge that much either when I was a surgeon". When our neighborhood had a water line bre...
by fourwheelcycle
Thu May 16, 2019 8:19 am
Forum: Personal Investments
Topic: Income stream post retirement.
Replies: 35
Views: 3376

Re: Income stream post retirement.

Post-retirement I just changed our Vanguard taxable savings dividend settings from reinvest to distribute. I am ten years into retirement and we have never had to sell any of our principal. We also have income from my pension and, starting this year, from Social Security.
by fourwheelcycle
Sat May 11, 2019 5:32 pm
Forum: Personal Consumer Issues
Topic: Which US city would you move to?
Replies: 74
Views: 7597

Re: Which US city would you move to?

Portsmouth, NH. Great small city. Excellent, walkable downtown with good restaurants and waterfront. Easy access to vacations in Maine and the NH White Mountains; easy access to Boston cultural resources. No income or sales tax!!! Winters and snowfall are not too bad for northern New England, since ...