Search found 324 matches

by CWRadio
Sun Jul 01, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: Retiring in Michigan (Ann Arbor)
Replies: 65
Views: 4606

Re: Retiring in Michigan (Ann Arbor)

Recipients born before 1946: For 2016 you may subtract all qualifying retirement and pension benefits received from public sources, and may subtract private retirement and pension benefits up to $49,861 if single or married filing separately or up to $99,723 if married filing jointly. Private subtra...
by CWRadio
Mon Jun 25, 2018 7:11 am
Forum: Investing - Help with Personal Investments
Topic: Hedging annuity with life insurance
Replies: 6
Views: 540

Re: Hedging annuity with life insurance

There are usually many annuity payout options available. "Life" just pays out until you die. "Life with X number of years period certain" will guarantee payment for X number of years even if you die before that. You will need to chose a beneficiary. Other options are usually available, too. When yo...
by CWRadio
Wed Jun 20, 2018 7:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 234
Views: 41165

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

lukestuckenhymer wrote:
Tue Jun 19, 2018 11:29 am
VMMXX just broke 2.00%

How many MMs can beat this yield?
For accounts at Fidelity:
FZDXX is 1.93%


Paul
by CWRadio
Tue Jun 12, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity/Pension subsitutes for portfolio
Replies: 31
Views: 2626

Re: Annuity/Pension subsitutes for portfolio

When you buy a SPIA what options should you buy? None, cash back, 10 or 20 year guaranteed, joint etc? Trying to understand the pro and con of each option. Thanks. Paul
by CWRadio
Mon Jun 04, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity with survivor or not
Replies: 13
Views: 1173

Re: Annuity with survivor or not

Would you take any other options besides 100% survivor like, cash back, 10 or 20 year certain? Thanks Paul
by CWRadio
Wed May 16, 2018 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 6967

Re: Factors Suggesting One Should Buy SPIA

Would it make sense to have ApoE Genetic Test for Alzheimer’s and Cardiac Risk before buying a SPIA?
Paul
by CWRadio
Tue May 15, 2018 11:12 am
Forum: Personal Consumer Issues
Topic: Audiobooks and the Overdrive App
Replies: 19
Views: 1747

Re: Audiobooks and the Overdrive App

Can the Overdrive app on my Windows PC transfer the book to my Kindle E-reader? The Kindle E-reader now supports Audible.
Thanks Paul
by CWRadio
Fri May 11, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 6967

Re: Factors Suggesting One Should Buy SPIA

I just came across this article I would like to share with the group. It is about how Annuities Can Help or Harm Medicaid Eligibility.
https://www.fa-mag.com/news/annuities-c ... 38629.html

Paul
by CWRadio
Mon May 07, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 6967

Re: Factors Suggesting One Should Buy SPIA

Little off subject.
Once you decided to buy a SPIA how do you shop for one?
Lowest price?
What options (cash back,etc)?

Does it make sense to buy from a insurance company with poor credit ratings since the state may protect you?
Thanks Paul
by CWRadio
Thu Apr 19, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Need for Medicare supplemental plan?
Replies: 155
Views: 9657

Re: Need for Medicare supplemental plan?

First time I've ever heard of Plan "G". Plan F is apparently still available to new enrollees today. I just received an ad in the mail today from Highmark pushing Plan F. They said "...you'll enjoy a monthly premium as low as $155.10..." If plan F goes away the only ones left will be old and sick p...
by CWRadio
Thu Apr 12, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: SPIA Return - Am I calculating this correctly?
Replies: 72
Views: 3236

Re: SPIA Return - Am I calculating this correctly?

Chuck wrote:
Thu Apr 12, 2018 12:15 pm
BTW, a 15-year ladder of TIPS is easy to build and would provide actual inflation protection (rather than a fixed 2% pa increase), for $688,250.
Can you please point me to DIY information on building a TIPS ladder. Paul
by CWRadio
Sun Apr 08, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Single Vanguard LifeStrategy fund for retirement vs 2- or 3-fund approach
Replies: 18
Views: 1626

Re: Single Vanguard LifeStrategy fund for retirement vs 2- or 3-fund approach

Additional information can be found at: For Retirement Cash Flow, All-in-One Investments May Not Fit the Bill http://investors.morningstar.com/news/cmsAcontent.html?t=DODBX&resourceId=632297&src=Morningstar&date=01-30-2014&nav=no®ion=USA&culture=en-US&ProductCode=mle and Risks of RMD Withdrawal F...
by CWRadio
Sun Apr 08, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 320
Views: 42643

Re: 2-year CDs at Vanguard and Fidelity Today

Kevin M thank you for sharing all your knowledge on CDs.
Please think about a article on what you know what CDs, buying, selling, bond funds etc. Paul
by CWRadio
Tue Apr 03, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity w guaranteed 5-6% return [payout]?
Replies: 50
Views: 5241

Re: Annuity w guaranteed 5-6% return [payout]?

At what age is mortality credit more important then the current interest rates of Treasuries for purchasing a SPIA?
Paul
by CWRadio
Sun Apr 01, 2018 8:08 am
Forum: Investing - Theory, News & General
Topic: William Bernstein: Retirement Investing and Spending in two easy steps
Replies: 77
Views: 9946

Re: William Bernstein: Retirement Investing and Spending in two easy steps

I think Dr. Bernstein means put your living expenses (your spending floor) into a TIPS ladder and you can do what you want with the rest - but he should say that explicitly if that's what he means. What about buying a SPIA or a ladder of SPIA (single premium immediate lifetime annuity) in place of ...
by CWRadio
Fri Mar 30, 2018 8:48 am
Forum: Personal Consumer Issues
Topic: Hot water safty
Replies: 8
Views: 1080

Hot water safty

Is it safe to use the hot water from a electric hot water heater that has been turned off for 12 months and then turned back on? Thanks Paul
by CWRadio
Sat Mar 17, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Need for Medicare supplemental plan?
Replies: 155
Views: 9657

Re: Need for Medicare supplemental plan?

If I remember correctly you have a window of 3 months before and 3 months after your 65 birthday to sign up for a supplement plan without medical underwriting.
Paul
by CWRadio
Sat Mar 17, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Need for Medicare supplemental plan?
Replies: 155
Views: 9657

Re: Need for Medicare supplemental plan?

Here is a good web site to check the price of supplements insurance in your state:
https://www.freemedicarereport.com/

Just give zip code and go to "just view results" Paul
by CWRadio
Wed Mar 07, 2018 8:25 am
Forum: Personal Finance (Not Investing)
Topic: What are your auto insurance limits?
Replies: 59
Views: 5300

Re: What are your auto insurance limits?

Any advice on a web site that can help me shop for auto insurance? Thanks Paul
by CWRadio
Sun Mar 04, 2018 7:39 pm
Forum: Investing - Theory, News & General
Topic: Is Now the Time to Reduce Bond Duration?
Replies: 41
Views: 4607

Re: Is Now the Time to Reduce Bond Duration?

Trying to understand how to handle intermediate bond funds in retirement to meet RMD requirements while the NAV of the fund goes down and yield increase? Thanks Paul I don't understand. At least our RMD's are only dependent on the values on December 31st of previous year, so it doesn't matter what ...
by CWRadio
Sun Mar 04, 2018 7:25 pm
Forum: Investing - Theory, News & General
Topic: Is Now the Time to Reduce Bond Duration?
Replies: 41
Views: 4607

Re: Is Now the Time to Reduce Bond Duration?

Trying to understand how to handle intermediate bond funds in retirement to meet RMD requirements while the NAV of the fund goes down and yield increase?
Thanks Paul
by CWRadio
Sun Feb 11, 2018 1:52 pm
Forum: Personal Consumer Issues
Topic: officiate a marriage
Replies: 14
Views: 1238

Re: officiate a marriage

Thank you all for your information and advice. They mabe be some legal problems as per these two articles due to the location of the ceremony. http://www.nytimes.com/2012/11/18/fashion/weddings/making-sure-that-online-officiant-is-legal.html http://www.churchofancientways.org/articles/validity-onlin...
by CWRadio
Sun Feb 11, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: officiate a marriage
Replies: 14
Views: 1238

officiate a marriage

My nephew asked me to officiate his marriage in New York State Long Island this coming September.

Can anyone share any experience or advice on how to do it.
I understand I need a minster license. Google search show many online minster websites.
Thanks Paul
by CWRadio
Wed Jan 24, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 12889

Re: Kitces article: A cash bucket in retirement? Nope

Both good points. And it is true SPIA is better done when older. Another factor in SPIAs is they are not free of the crushing dictatorship of history. SPIA payout depends on the interest rates prevailing when they are purchased. If real interest rates were much higher than they are now our discussi...
by CWRadio
Sun Jan 14, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Understand Expense Ratio
Replies: 14
Views: 1026

Re: Understand Expense Ratio

I would speculate that the OP means the investments in the two funds had the same returns or maybe are even exactly the same investments. In that case, with the information that holdings of a fund have to be liquidated to pay the costs of a fund, it would be obvious that there would be less wealth ...
by CWRadio
Sun Jan 14, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: Understand Expense Ratio
Replies: 14
Views: 1026

Understand Expense Ratio

Trying to clarify how Expense Ratio affect my holdings. Example I have two funds. First fund has a Expense Ratio of 0.10%.(fund one) Second fund has a Expense Ratio of 1.00%. (fund two) In the beginning of the year I put $1000 in each fund. The return at the end of the year is 10%. My question: Whic...
by CWRadio
Thu Jan 11, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: How to pay for a new kitchen and dining room
Replies: 26
Views: 1847

Re: How to pay for a new kitchen and dinning room

Thank you all for replying to my questions.
I will share your answers with my children. Paul
by CWRadio
Wed Jan 10, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay for a new kitchen and dining room
Replies: 26
Views: 1847

Re: How to pay for a new kitchen and dinning room

Thanks to all
They looked into selling but the love their house, backyard, neighbor hood, schools and location and unable to find anything available. Real shortage of homes in their area.. Paul
by CWRadio
Wed Jan 10, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay for a new kitchen and dining room
Replies: 26
Views: 1847

How to pay for a new kitchen and dining room

My son called me last night and said he and his wife decided to remodel their kitchen and dinning room. It will cost about $100,000. His question to me what is the best way to finance the remodeling? His current house will be payed off in one year. House is worth about $400,000 He does not have $100...
by CWRadio
Tue Dec 26, 2017 7:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Short-Term Infl-Prot Secs ETF (VTIP)
Replies: 3
Views: 652

Re: Vanguard Short-Term Infl-Prot Secs ETF (VTIP)

abuss368 wrote:
Tue Dec 26, 2017 7:35 pm
CWRadio wrote:
Tue Dec 26, 2017 7:33 pm
I am trying to understand why VTIP dropped 1.40% at the end of the trading day on Friday. Can someone please explain. Thanks Paul
Did the fund go ex-dividend?
Thanks
Distributions on Dec 26
by CWRadio
Tue Dec 26, 2017 7:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Short-Term Infl-Prot Secs ETF (VTIP)
Replies: 3
Views: 652

Vanguard Short-Term Infl-Prot Secs ETF (VTIP)

I am trying to understand why VTIP dropped 1.40% at the end of the trading day on Friday. Can someone please explain. Thanks Paul
by CWRadio
Mon Dec 11, 2017 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Lump Sum vs. Annuity
Replies: 41
Views: 3310

Re: Early Retirement - Lump Sum vs. Annuity

How come MegaCorp can offer a better SPIA then companies like via immediateannuity.com, Vanguard, Fidelity etc? Thanks Paul
by CWRadio
Fri Dec 08, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax Deluxe Online for 2017
Replies: 13
Views: 2567

Re: TurboTax Deluxe Online for 2017

I have the download version of TT Deluxe for 2017. TD Ameritrade is in the list of financial institutions for downloads; Interactive Brokers is not. About 300 financial institutions are listed. Will they be there when forms are released in early Feb? No way to tell. Is Fidelity on the list for down...
by CWRadio
Sat Dec 02, 2017 6:56 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 142
Views: 14984

Re: Bonds Are Riskier Than People Think

I trying to understand. If I put $1000 on January 1 into a 5 year CD yielding 2.5% a year. What would I get at the end of the five years. If I put the same $1000 in a short term government bond fund starting January 1 (yield 1.8%) and interest rates goes up 0.5% a year what would I get if I close t...
by CWRadio
Sat Dec 02, 2017 2:51 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 142
Views: 14984

Re: Bonds Are Riskier Than People Think

I trying to understand. If I put $1000 on January 1 into a 5 year CD yielding 2.5% a year. What would I get at the end of the five years. If I put the same $1000 in a short term government bond fund starting January 1 (yield 1.8%) and interest rates goes up 0.5% a year what would I get if I close th...
by CWRadio
Tue Nov 28, 2017 8:57 am
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 34
Views: 6371

Re: BOGLEHEADS 2017 VIDEOS

Look forward to:
The excellent session by Mike Piper and Mel Turner, "Annuities: The Good, The Bad, and the Ugly" was indeed recorded and will be posted next!
Thanks Paul
by CWRadio
Sat Nov 25, 2017 3:38 pm
Forum: Investing - Theory, News & General
Topic: Bond fund duration(s) in retirement
Replies: 16
Views: 1622

Re: Bond fund duration(s) in retirement

If I have a fund one in retirement (example Vanguard Lifestrategy Conservative Gr Fd VSCG) compared to the 4 fund equivalent and I do RMD once a year or 4 times a year (I rebalance the 4 fund equivalent once a year). Does it matter which type of fund I do the RMD from (VSCG or it 4 fund equivalent) ...
by CWRadio
Mon Nov 20, 2017 9:48 am
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 93
Views: 6911

Re: Uber for someone who knows only taxis

Do you need internet access after you are picked up by Uber or Lyft to complete the transaction? I use a Tracfone and usually keep WiFi on and phone data off. Thanks Paul
by CWRadio
Mon Nov 13, 2017 12:37 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 34
Views: 6371

Re: BOGLEHEADS 2017 VIDEOS

Is there a video of the presentation:
Mike Piper and Mel Turner: Annuities: The Good, The Bad, and the Ugly? Thanks Paul
by CWRadio
Wed Nov 01, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: 2017 Bogleheads Conference - Annuities: The Good, The Bad, and The Ugly
Replies: 18
Views: 2818

Re: 2017 Bogleheads Conference - Annuities: The Good, The Bad, and The Ugly

Slide 17 had the following quot: Notes: Taylor on Wed 10/11/17: “My wife and I purchased a joint lifetime annuity (SPIA) about my age 80. We liked it so well we bought another a year later. With no more worry about running out of money, we were able to start giving our heirs their inheritance while ...
by CWRadio
Sat Oct 28, 2017 5:10 pm
Forum: Personal Consumer Issues
Topic: Medicare Part D sign up
Replies: 4
Views: 658

Re: Medicare Part D sign up

Is better to sign up for Medicare annual Part D on Medicare.gov or the insurance company web site? Thanks Paul Drill down the the choices on medicare.gov and then check your math on the carriers website because there are data input errors on medicare.gov and they are not responsible for any bad dat...
by CWRadio
Sat Oct 28, 2017 2:30 pm
Forum: Personal Consumer Issues
Topic: Medicare Part D sign up
Replies: 4
Views: 658

Medicare Part D sign up

Is better to sign up for Medicare annual Part D on Medicare.gov or the insurance company web site? Thanks Paul
by CWRadio
Sat Oct 21, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: medicare supplement
Replies: 29
Views: 2531

Re: medicare supplement

Take a look at this web site to compare Medigap plans in your ZiP code https://www.freemedicarereport.com/ Just go to run report. Remember there is more than current price that is important when you pick a plan. Take a look a previous rate increase, etc. Not sure if type of pricing matters (communit...
by CWRadio
Wed Oct 18, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Why not switch from Medigap F to G now?
Replies: 43
Views: 4831

Re: Why not switch from Medigap F to G now?

I moved from F to G with my current insurer but it required underwriting..including all drugs I've had in the last 2 yrs. Kind of a pain esp because I worry I might forget something that could void the coverage. Is there a time limit on how long a insurance company can look back on your application...
by CWRadio
Wed Oct 18, 2017 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Why not switch from Medigap F to G now?
Replies: 43
Views: 4831

Re: Why not switch from Medigap F to G now?

Take a look at this web site to compare Medigap plans in your ZiP code https://www.freemedicarereport.com/ Just go to run report. Remember there is more than current price that is important when you pick a plan. Take a look a previous rate increase, etc. Not sure if type of pricing matters (communit...
by CWRadio
Wed Oct 11, 2017 7:42 pm
Forum: Personal Consumer Issues
Topic: Checking VIN numbers on a new car
Replies: 6
Views: 901

Re: Checking VIN numbers on a new car

Do you have the VIN? https://www.vehiclehistory.com/ This site is kind of carfax light. Thanks all for your replies. I plug in the VIN into vehiclehistory.com and no problems shown except a recall for spare tire. I tried using CarFax and it showed 4 record, but to view them it will cost $40. Paul
by CWRadio
Wed Oct 11, 2017 2:48 pm
Forum: Personal Consumer Issues
Topic: Checking VIN numbers on a new car
Replies: 6
Views: 901

Checking VIN numbers on a new car

I was at a Toyota dealer looking at a new RAV4. The car I liked was made in December 2016 and had 10 miles on it. I also noticed some dirt in the tail gate truck area. I called Toyota customer service and they checked the VIN numbers. They told me the car was sold June 30 2017 and the selling dealer...
by CWRadio
Wed Oct 11, 2017 8:28 am
Forum: Personal Consumer Issues
Topic: My Son is buying a 2017 Toyota RAV 4
Replies: 28
Views: 3797

Re: My Son is buying a 2017 Toyota RAV 4

Thank you all for your suggestion, advice and council.
When my son called the dealer to give a deposit and they said the car was sold, but they can get the same car from another dealer(about 165 miles away) and gave him the vin number of that car.
He is waiting to view the new car.

Paul
by CWRadio
Mon Oct 09, 2017 6:47 pm
Forum: Personal Consumer Issues
Topic: My Son is buying a 2017 Toyota RAV 4
Replies: 28
Views: 3797

My Son is buying a 2017 Toyota RAV 4

My son negotiated a price for a 2017 Toyota RAV4 for $27,000 out the door. He had a few question for me: Take 0% interest for 4,5 or 6 years. or Take the $3,000 Toyota rebate and add another $10,000 and take a loan for 5 years at 2.99% Loan for $14,000 ($27,000 - $13,000 rebate plus addition cash) o...
by CWRadio
Thu Sep 28, 2017 12:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 175
Views: 51141

Re: Vanguard's Wellesley Income fund is incredible

I believe in Bill Bernstein advice, : When you’ve won the game, stop playing.
https://www.wsj.com/articles/how-to-tel ... 1421726456
If you wanted to have only one fund in retirement (take out 3% a year) would it be Wellesley?

Paul