Search found 365 matches

by fourwheelcycle
Mon May 21, 2018 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Trusts and Bank Accounts
Replies: 16
Views: 923

Re: Trusts and Bank Accounts

It does sound like sport had an unfortunately complicated banking experience with their revocable trust. However, revocable trusts can provide important benefits for some people, and I would not want sport's experience to scare them from considering a revocable trust. My wife and I have all of our V...
by fourwheelcycle
Thu May 17, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: New motorcycle rider
Replies: 106
Views: 4261

Re: New motorcycle rider

Clearly, there are lots of current and ex- motorcycle riders on this forum, including me. I would disagree with an early poster who suggested starting with a 750cc or larger bike, or even a Harley. Big bikes are heavy, especially Harleys, and the weight itself adds an extra element of difficulty in ...
by fourwheelcycle
Mon May 14, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: New mattress
Replies: 77
Views: 9239

New mattress

Deleted - repetitive post.
by fourwheelcycle
Mon May 14, 2018 8:12 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 130
Views: 6340

Re: Is there a boglehead muscle car?

And WOW, this thread is funny to read as an actual muscle car fan!! The typical Boglehead is very out of touch with what that means... and cars in general. Did I see V4 mentioned somewhere? :oops: Makes me wonder why some folks would even comment in a thread like this.... LOL. V4. Funny for a car t...
by fourwheelcycle
Mon May 14, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 130
Views: 6340

Re: Is there a boglehead muscle car?

midareff wrote:
Mon May 14, 2018 7:32 am
anything AMG
How about anything with an M in the model name?
by fourwheelcycle
Sat May 12, 2018 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 465
Views: 91236

Re: Bank of America Preferred Rewards

We have all of our taxable and IRA investments at Vanguard and we do all of our banking at Bank of America, which has a physical branch office near our home. Our three main credit cards, Platinum Cash Rewards, Travel Rewards, and AAA, are all managed by BoA. We use BoA's online billpay for most of o...
by fourwheelcycle
Fri May 11, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: Picking up New Subaru-Worth buying extended warranty?
Replies: 33
Views: 2045

Re: Picking up New Subaru-Worth buying extended warranty?

For all extended warranties of this type, the one thing you can be sure of is that it is priced to provide a very high profit margin to the car company. They know the true statistical likelihood that you will need the covered repairs, while you are only guessing. They are marketing to the subset of ...
by fourwheelcycle
Tue May 08, 2018 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Will/Trust question for kids
Replies: 23
Views: 1885

Re: Will/Trust question for kids

On the bright side, it is VERY unlikely someone else will ever have to raise your children. If you are not sure or comfortable about naming the same person as physical and financial guardian, you can name another individual, a law office, like the one that helps you prepare your will, or a local ban...
by fourwheelcycle
Tue May 08, 2018 7:06 am
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 110
Views: 7822

Re: Bucket List Adventures/Activities

The best trips we have taken, in no particular order, are: Yellowstone Yosemite Anywhere in the US southwest - Santa Fe, Canyon de Chelly, Antelope Canyon, Grand Canyon, Sedona, Moab Banff to Jasper, including Medicine Lake New Zealand South Island Prague and Cesky Krumlov Gohagan Changing Tides of ...
by fourwheelcycle
Tue May 08, 2018 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Means of Titling/Re-Titling [checking acct into] my RLT?
Replies: 20
Views: 1068

Re: Means of Titling/Re-Titling [checking acct into] my RLT?

We had no problem retitling our Bank of America checking and savings accounts to our JRT in New Hampshire. I cannot remember whether they accepted our Certificate of Trust or the first and last pages of the actual trust, but I know they did not request, or see, the entire trust.
by fourwheelcycle
Fri May 04, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Continuing Care facility - shielding some assets for the kids
Replies: 37
Views: 3838

Re: Continuing Care facility - shielding some assets for the kids

For a couple with assets that indicate that $5,000/month, increasing with inflation, will be no problem, do the CCRC's maintain this restrictive attitude about gift for a Type A contract? I could see it if the assets were just enough, with little margin for error. If the couple could afford several...
by fourwheelcycle
Fri May 04, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 31185

Re: Those with high savings rate: why?

I posted earlier in this thread about how my wife and I ended up with a fairly high savings rate when we were just starting out. Forty-three years later, we are now entering our seventies and I see there have been some posts about what a high savings level means when you get older. Does it really be...
by fourwheelcycle
Fri May 04, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Continuing Care facility - shielding some assets for the kids
Replies: 37
Views: 3838

Re: Continuing Care facility - shielding some assets for the kids

There are many flavors of CCRCs. They are generally categorized as Type A, B, or C life-care contract models. The most expensive CCRCs offer Type A contracts that guarantee residential services, food, and health care for the rest of your life IF they let you sign a life-care contract. If you already...
by fourwheelcycle
Wed May 02, 2018 7:52 am
Forum: Personal Consumer Issues
Topic: Device or app to find road gradient while biking?
Replies: 18
Views: 1174

Re: Device or app to find road gradient while biking?

Anything except a true inclinometer, like the bubble in a carpenter's level or the swinging dial in a handheld compass, is going to try to calculate the grade based on either a saved map of the terrain or concurrent readings from an internal barometer. If you want to know the grade under your bicycl...
by fourwheelcycle
Wed May 02, 2018 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Asked to be Executor - What questions to ask
Replies: 39
Views: 3383

Re: Asked to be Executor - What questions to ask

I cannot improve on FIREchief's excellent list. Two items that have not come up much in this thread are your age (OP) and the identity of their POA or POAs. Ideally, a named executor should be a generation younger than the older-age couple. Regardless of your age, I wonder if their will should name ...
by fourwheelcycle
Tue May 01, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Career change and going back to school at 40+
Replies: 37
Views: 3285

Re: Career change and going back to school at 40+

If you really want to move back home, and if you are very comfortable with your thought about moving toward horticulture, I would start researching the range of potential jobs back home that are related to horticulture. We have an excellent local nursery with a retail store surrounded by greenhouses...
by fourwheelcycle
Tue May 01, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17322

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Pretty annoyed at ..... myself, for not just getting some more credit lines in his name only! Ugh! I wonder how many couples are in this situation regarding credit lines and credit scores. Learning of your husband's co-signer issue made me check our credit lines. To my surprise, I learned that when...
by fourwheelcycle
Fri Apr 27, 2018 8:17 am
Forum: Personal Consumer Issues
Topic: Amazon to raise Prime membership in US to $119 from $99
Replies: 145
Views: 10751

Re: Amazon to raise Prime membership in US to $119 from $99

My wife and I spend about about $7K per year at Amazon, all charged to our Amazon credit card. The Amazon card gives us a 5% rebate on Amazon purchases. Our other cash reward credit card (BoA) gives us something under a 2.5% net rebate. Since 2.5% of $7K represents an incremental $175 rebate, which ...
by fourwheelcycle
Fri Apr 27, 2018 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Who benefits from "best and final offer" on condo?
Replies: 107
Views: 5938

Re: Who benefits from "best and final offer" on condo?

This is an interesting thread. I have not read all of it, but I've read enough, including the beginning, to get the gist. My first conclusion is I hope I am as lucky as the OP's seller when we sell our house. Our local market is heating up this year, but we are still four or five years from selling ...
by fourwheelcycle
Thu Apr 26, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: Comfortable Commuter Cars under $50K
Replies: 81
Views: 5727

Re: Comfortable Commuter Cars under $50K

BMW M240i Coupe (if you never drive on snow) or M240i xDrive Coupe (if you drive on snow).

This car will take you right to your $50K limit, but you will love it. It will make your drive a pleasure.
by fourwheelcycle
Tue Apr 24, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Structuring Newlywed Finances for Fairness and Less Arguments
Replies: 84
Views: 6279

Re: Structuring Newlywed Finances for Fairness and Less Arguments

My wife and I have been married 43 years (kind of scary!). We have combined our finances in one joint checking/savings account since the day we were married (with less than $2K total savings between us). We have also combined our taxable savings into one investment account since the beginning. Fortu...
by fourwheelcycle
Sun Apr 22, 2018 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 85
Views: 9389

Re: Pension Freeze - What did you do?

I worked for the same company from age 31 until I retired at age 60. When I began they had a pension with a years of service formula that provided about 50% of average high five pay after twenty-five years, with small incremental increases for further years of service. When I was about 42 they annou...
by fourwheelcycle
Sun Apr 22, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Family shared real estate purchase - how to best structure?
Replies: 20
Views: 1684

Re: Family shared real estate purchase - how to best structure?

Sounds like a potentially very complicated situation. We have a very expensive home on our street that has been vacant (fortunately very well maintained) for eight years since the elderly owners died. The house was left jointly to two adult children who have not been able to agree on when to sell th...
by fourwheelcycle
Sun Apr 22, 2018 9:05 am
Forum: Personal Finance (Not Investing)
Topic: estate planning with animals
Replies: 28
Views: 2275

Re: estate planning with animals

Wow - 100 animals including 20 cats - that's quite a hobby farm. I think sitting down with your local animal shelter is a great idea. Tell them what you hope to achieve and then gently but candidly move on to the question of whether your financial ability to leave a suitable gift in your estate plan...
by fourwheelcycle
Wed Apr 18, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: Window blinds to cut costs?
Replies: 8
Views: 1504

Re: Window blinds to cut costs?

We used Levelor Candlelight (color) insulating cellular shades. We used them mostly for privacy, but also to block cold coming off (double pane) windows during winter nights and sun streaming in south and west facing windows during the summer, adding heat and fading sofas, etc. They are not cheap, b...
by fourwheelcycle
Wed Apr 18, 2018 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Will question
Replies: 28
Views: 2567

Re: Will question

Thankfully, it is extremely unlikely you and your wife will both die before your children become young adults. But if that happens, a big question is who you will choose to raise them. My wife and I were fortunate that my father and mother had a stable marriage and all of my siblings were out of the...
by fourwheelcycle
Sun Apr 15, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: Yubikey for Dummies
Replies: 10
Views: 1186

Re: Yubikey for Dummies

I also use Google Voice. Since I use the codes within seconds after they are delivered, and they cannot be used again if I sign-off and some one tries to sign in with the same code one minute later, I think I am pretty safe. However, I would prefer to use a password generator, either a physical key ...
by fourwheelcycle
Mon Apr 09, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Account for benefit of a relative; doling out funds
Replies: 16
Views: 1076

Re: Account for benefit of a relative; doling out funds

How much of a PITA was the form signing? Was it simply a matter of having him sign something and get it notarized? It still doesn't solve the problem of the circling vulture... I live in NE and my father is in the mid-west. I downloaded all the forms from the various websites, filled them out excep...
by fourwheelcycle
Mon Apr 09, 2018 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Managing Retirement Accounts for RMDs in a (Possibly) Declining Stock Market
Replies: 5
Views: 649

Re: Managing Retirement Accounts for RMDs in a (Possibly) Declining Stock Market

the government doesn't care if you take the RMD owed to them out of all your IRAs or just one - as long as the total RMD amount paid to them is based on the sum of all IRAs owned values at the end of the prior year.. Our non-Vanguard retirement accounts, which are 100% in stock index funds, are not...
by fourwheelcycle
Mon Apr 09, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Managing Retirement Accounts for RMDs in a (Possibly) Declining Stock Market
Replies: 5
Views: 649

Managing Retirement Accounts for RMDs in a (Possibly) Declining Stock Market

I always thought the purpose of a target percentage bond AA, held mostly in retirements accounts for beneficial tax treatment, is to provide a relatively liquid, stable value emergency fund. My wife and I have never needed to tap our bond index funds, but we have understood why we maintain them. We ...
by fourwheelcycle
Mon Apr 09, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Account for benefit of a relative; doling out funds
Replies: 16
Views: 1076

Re: Account for benefit of a relative; doling out funds

About five years ago my then 91 year old father asked me to begin doing his taxes for him. About three years ago he asked me to take over all of his finances. He does not use a computer - at all. I worked with him and my Vanguard rep to open an account in his name. He signed the necessary Vanguard f...
by fourwheelcycle
Thu Apr 05, 2018 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Permanent DINK couples - Considerations, thoughts, etc?
Replies: 40
Views: 4549

Re: Permanent DINK couples - Considerations, thoughts, etc?

We are not DINKs, but we have really close friends who are. All four of us are now approaching or seventies, but I remember when we were in our forties we used to save $10-15K per year for our two kids' college and our friends used to spend an equal amount each year for a very nice vacation to Hawai...
by fourwheelcycle
Tue Apr 03, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Recordkeeping system for retirees
Replies: 25
Views: 2710

Re: Recordkeeping system for retirees

For a secure cloud service I would encourage you to consider Sync.com https://www.sync.com/?_m=yi3&_m=yi3&gclid=EAIaIQobChMI-cGw0uae2gIVgzqBCh3fOwD9EAAYASAAEgLES_D_BwE It is one of the most secure cloud storage sites (it uses zero knowledge encryption - look for reviews on the web) and they offer 6 ...
by fourwheelcycle
Mon Apr 02, 2018 6:53 am
Forum: Investing - Help with Personal Investments
Topic: Customer Service with Vanguard
Replies: 50
Views: 4751

Re: Customer Service with Vanguard

My wife and I have had all of our non-employer-based savings at Vanguard for over thirty-five years. We have never had a problem with incorrect accounts postings or incorrect email notices. As we retire we are also moving our employer-based savings to Vanguard. I served as my aunt's POA and then exe...
by fourwheelcycle
Sun Apr 01, 2018 6:50 am
Forum: Personal Consumer Issues
Topic: Comparison of grocery prices?
Replies: 47
Views: 3868

Re: Comparison of grocery prices?

Just got back from a limited shopping trip for mostly perishables to eat over the next week or so. Asparagus, 1 lb. - $1.99 I like this forum, but I may have to drop out. Reading this thread makes me too sad. We live in a low population New England town served by only one (high cost) grocery store....
by fourwheelcycle
Fri Mar 30, 2018 8:22 am
Forum: Personal Consumer Issues
Topic: New laptop purchase decision
Replies: 36
Views: 2968

Re: New laptop purchase decision

I have never used a Chromebook and don't know anything about them. My wife has previously used Windows laptops, supported by her office IT people. She, and I, are always frustrated when I cannot "fix" her problems when she is using her laptop at home. Worse, there is no AppleCare phone support equiv...
by fourwheelcycle
Fri Mar 30, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Taxes - Amended Return
Replies: 3
Views: 269

Re: Taxes - Amended Return

I had to amend our 2015 joint return due to a misunderstanding (by me) involving my wife's HDHP employer-based health insurance. I had used TurboTax and found the same advice - wait until your first refund is processed. Our first refund hit our bank account in about three weeks. Then I opened my des...
by fourwheelcycle
Wed Mar 28, 2018 11:26 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 18680

Re: A lot of heavy hitters this morning

The OP's post reminds me of an editorial cartoon that shows a Fat Cat with spats and a big cigar walking past an out-of-work guy sitting on a curb. The Fat Cat is saying "You should have put your money in the stock market, it's worked great for me". I didn't save the cartoon and now I can't find it ...
by fourwheelcycle
Wed Mar 28, 2018 10:57 am
Forum: Personal Consumer Issues
Topic: Which cordless weed whacker to buy?
Replies: 49
Views: 3184

Re: Which cordless weed whacker to buy?

I use a 20 year old Stihl FS 81 two cycle trimmer with wide handles mounted on the shaft, along with their Polycut mowing head. It still starts and runs like new. It has never needed to go back to the shop since the day I bought it. It works great on our hillside. You do have to add oil to the gas, ...
by fourwheelcycle
Wed Mar 28, 2018 7:17 am
Forum: Personal Consumer Issues
Topic: GE Microwave Weird Issue
Replies: 22
Views: 1924

Re: GE Microwave Weird Issue

GE microwaves & appliances haven't been made by GE for a while now. In 2016, Haier Group acquired GE Appliances Haier still makes (most) GE appliances in Louisville, with Louisvillians. The link I cited is a current product service info. link. Depending on the model number of the microwave, "they",...
by fourwheelcycle
Mon Mar 26, 2018 11:33 am
Forum: Personal Consumer Issues
Topic: GE Microwave Weird Issue
Replies: 22
Views: 1924

Re: GE Microwave Weird Issue

My father put me through college with his income from GE, so we have all GE appliances. My father also invested a good part of his savings in GE stock, which has now tanked! This link provides GE warranty information. The degree of coverage depends on the specific microwave model number - perhaps be...
by fourwheelcycle
Mon Mar 26, 2018 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Costs, Pros, & Cons of CCRC - Continuing Care Retirement Communities - Aging in Place. Pitfalls?
Replies: 11
Views: 1714

Re: Costs, Pros, & Cons of CCRC - Continuing Care Retirement Communities - Aging in Place. Pitfalls?

My wife and I are about age 70. We have been on the waiting list for an excellent local Type 1 contract (non-refundable) CCRC for ten years and we are now at the top of the waiting list, in a "hold" position. We have also looked at several other top level CCRC's in our region. Some have 90% refund p...
by fourwheelcycle
Sun Mar 25, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Two Factor Authentication - Only 1 or Multiple cells?
Replies: 12
Views: 1071

Re: Two Factor Authentication - Only 1 or Multiple cells?

I don't have a cell phone, so I use a free cell phone number from Google Voice, which forwards the passcodes to my email account.

Vanguard will only let me enter a cell phone number, but BoA will let me enter my email address for my passcode.
by fourwheelcycle
Mon Mar 19, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: What kind of bike do I need and how much should I spend?
Replies: 44
Views: 2875

Re: What kind of bike do I need and how much should I spend?

Not even a single tandem? Definitely not normal. I see we are all having fun with this thread. I hope the OP is entertained. Actually, I used the wrong term, I should have said minimum, not normal. "While the minimum number of bikes one should own is three, the correct number is n+1, where n is the...
by fourwheelcycle
Mon Mar 19, 2018 7:14 am
Forum: Personal Consumer Issues
Topic: What kind of bike do I need and how much should I spend?
Replies: 44
Views: 2875

Re: Did someone say: bike?

And, remember the rule of n+1. That is great! I never heard of it, but I found it easily on Google. It could apply to anything. A man once told me about a friend who was always buying one more (expensive) fishing rod. One day he came home and his wife had laid them all out on the living room floor ...
by fourwheelcycle
Sun Mar 18, 2018 7:26 pm
Forum: Personal Consumer Issues
Topic: What kind of bike do I need and how much should I spend?
Replies: 44
Views: 2875

Re: What kind of bike do I need and how much should I spend?

Get this bike: https://www.specialized.com/us/en/mens-sirrus-elite-alloy/p/129110?color=239686-129110 Put these tires on it: https://www.amazon.com/gp/product/B006GHF5Z6/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 Ride anywhere you want - paved or unpaved roads, urban, bike paths, anything. Get a sep...
by fourwheelcycle
Sun Mar 18, 2018 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Gift Tax, Section 529 plans and Form 709
Replies: 2
Views: 277

Re: Gift Tax, Section 529 plans and Form 709

I believe orangeandwhite is exactly right. The IRS is just going to sit on those forms until you die, at which time the IRS will expect your executor to restate the amounts on each form and subtract the total from your net estate to see if any estate taxes may be owed. The IRS will just use the form...
by fourwheelcycle
Sun Mar 18, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Second Marriage & Beneficiaries Conundrum
Replies: 50
Views: 4392

Re: Second Marriage & Beneficiaries Conundrum

Right away? Are you sure you can each live on your calculated share of your combined net worth and you are comfortable giving up all claim to your spouse's share if they drop tomorrow??? If so, for each spouse's retirement accounts assign their children, in equal or other desired percentage shares, ...
by fourwheelcycle
Fri Mar 16, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: New job transition and pregnant - when to inform employer?
Replies: 30
Views: 2577

Re: New job transition and pregnant - when to inform employer?

Congratulations on the pregnancy and the new job! I am not an HR expert. HR people may respond with better advice. I do not know anything about your wife's current employer, but I would not tell them she has a new job until the absolute minimum time required by her current employment contract, if sh...
by fourwheelcycle
Fri Mar 16, 2018 8:18 am
Forum: Personal Consumer Issues
Topic: Modest stereo system
Replies: 57
Views: 3619

Re: Modest stereo system

...... Tivoli Audio Model 1 set up in the kitchen .... connected to our iPhones with Airplay, it sounds great. We have the same setup. I keep encouraging my wife to use the living room stereo, but she prefers to have the kitchen Tivoli Model One playing with NPR news, classical, or jazz. I like NPR...