Search found 180 matches

by summerof42
Sun Oct 04, 2020 12:59 am
Forum: Personal Consumer Issues
Topic: What iPad do you recommend for my needs?
Replies: 7
Views: 783

Re: What iPad do you recommend for my needs?

Don’t have Amazon either.
by summerof42
Sun Oct 04, 2020 12:33 am
Forum: Personal Consumer Issues
Topic: What iPad do you recommend for my needs?
Replies: 7
Views: 783

Re: What iPad do you recommend for my needs?

Since I don’t have Netflix, Hulu, etc. I can’t steam and will need to download; not my first choice.
by summerof42
Sun Oct 04, 2020 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Social Security: Website Estimate vs Actual
Replies: 25
Views: 2394

Re: Social Security: Website Estimate vs Actual

Thanks spdoublebass. It’s the spreadsheet here I’m nervous about downloading on my computer. When I went thru the steps it indicated it’s a large file, so I stopped the process.

One has to be very careful what your downloading today!
by summerof42
Sat Oct 03, 2020 11:57 pm
Forum: Personal Consumer Issues
Topic: What iPad do you recommend for my needs?
Replies: 7
Views: 783

What iPad do you recommend for my needs?

It would be used to browse the net, check email, and download movies via ITunes since I don’t have a smart TV, Roku, Netflix, etc. No game playing, well maybe solitaire; senior here 😊 I’m not sure how much GB is truly needed. Can I get by with 64GB, or do I need to go up to 256GB in order to downloa...
by summerof42
Sat Oct 03, 2020 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security: Website Estimate vs Actual
Replies: 25
Views: 2394

Re: Social Security: Website Estimate vs Actual

How does one know or determine their bend points? I’m leery about downloading a file off the net. Search the forum for bend points. It's not that hard to figure out when you read up on it a bit. You don't have to download stuff if you don't want to. But it's nice to get the income info off of the w...
by summerof42
Sat Oct 03, 2020 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security: Website Estimate vs Actual
Replies: 25
Views: 2394

Re: Social Security: Website Estimate vs Actual

How does one know or determine their bend points?

I’m leery about downloading a file off the net.
by summerof42
Wed Sep 30, 2020 8:56 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 vs Vanguard 500
Replies: 9
Views: 1119

Re: S&P 500 vs Vanguard 500

PS. I checked again at 8:54pm and still down 0.47%. I’m using app on phone which has up to date by the min tracking.

But I’ll check again in the morning, I’m sure sycamore is right.
by summerof42
Wed Sep 30, 2020 8:49 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 vs Vanguard 500
Replies: 9
Views: 1119

Re: S&P 500 vs Vanguard 500

Instead of adding 10% mid cap, you could just swap your voo for schk to get midcap exposure. No can do, I’m limited what’s available in 401k’s. But thanks for the suggestion, always appreciate it. However, I could change my funds in tIRA and Roth at Vanguard; albeit, I’m in target date funds and it...
by summerof42
Wed Sep 30, 2020 5:47 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 vs Vanguard 500
Replies: 9
Views: 1119

S&P 500 vs Vanguard 500

I see as of 5:26pm S&P 500 is up +27.53, yet VG 500 is down -1.45. What gives? I know it's minute. . . but

Wishing I had a small percentage of Mid-Cap in my portfolio, looks to be up 1.26 today. May not be a bad idea to add VIMAX (10%) to my stock allocation of my portfolio.
by summerof42
Fri Sep 25, 2020 12:32 pm
Forum: Personal Investments
Topic: Two 401k accounts: Previous and Current Employer
Replies: 13
Views: 701

Re: Two 401k accounts: Previous and Current Employer

Thanks Stinky, all good stuff. Since the ER (0.04%) is the same at previous employers' 401k as Vanguard, I guess I'll just let it ride. :happy I'm still trying to decide on whether to hold just one fund in each 401k account - roll VBTLX into VFIAX at previous employer's 401k and all in stocks, and t...
by summerof42
Fri Sep 25, 2020 11:10 am
Forum: Personal Investments
Topic: Two 401k accounts: Previous and Current Employer
Replies: 13
Views: 701

Re: Two 401k accounts: Previous and Current Employer

jimkinny wrote: Fri Sep 25, 2020 11:07 am Consider rolling the previous employer's 401 to a TIRA at Vanguard or anywhere else that has very low ER/fees
Please read my latest response to Stinky :happy
by summerof42
Fri Sep 25, 2020 10:32 am
Forum: Personal Investments
Topic: Two 401k accounts: Previous and Current Employer
Replies: 13
Views: 701

Re: Two 401k accounts: Previous and Current Employer

Hi Stinky,

Rolling 401ks into Vanguard would be a mistake from a protection standpoint. 401k's are protected from bankruptcy and lawsuits, etc.
by summerof42
Fri Sep 25, 2020 9:45 am
Forum: Personal Investments
Topic: Two 401k accounts: Previous and Current Employer
Replies: 13
Views: 701

Re: Two 401k accounts: Previous and Current Employer

@snailderby and retired@50 - thank you in advance for your response and my apologies for not being more clear. It's early in the morning, should have had my cup of coffee first. @snailderby - yes, I am looking at the prospectus as we speak, and it clearly shows ER 0.235. My question and thought proc...
by summerof42
Fri Sep 25, 2020 8:44 am
Forum: Personal Investments
Topic: Two 401k accounts: Previous and Current Employer
Replies: 13
Views: 701

Two 401k accounts: Previous and Current Employer

I am presently invested in the funds listed below within my 401k from previous and also current employer. My desired allocation is 60/40 Stocks/Bonds at age 65. Other funds include Roth at Vanguard in Target fund and ditto for tIRA also at Vanguard. In addition a 9 month emergency fund in MM at Vang...
by summerof42
Thu Sep 24, 2020 5:54 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 850

Re: Flexible Premium Deferred Annuity - can they do that?

This was such a great annuity 101 for me today! Thank you to all who responded :happy
by summerof42
Thu Sep 24, 2020 3:23 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 850

Re: Flexible Premium Deferred Annuity - can they do that?

Thanks HomerJ, for providing a very clear explanation. You are spot on! Should I decide to annuitize my current policy, since I don't weather fluctuations in the market (hence the annuity in 2009, I think the way to go is definitely SPIA. We shall see how things look in 2021 or 2022. But for now, I'...
by summerof42
Thu Sep 24, 2020 2:42 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 850

Re: Flexible Premium Deferred Annuity - can they do that?

@Stinky - love the user name. . . too cute! “Stinky” - a takeoff on my last name, and my lifelong nickname. It's funny how we get those nicknames. I'm female, parents came to the US after the war and barely spoke English, and for some reason I got the nickname "Ration." Makes no sense at all and it...
by summerof42
Thu Sep 24, 2020 2:39 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 850

Re: Flexible Premium Deferred Annuity - can they do that?

The payout rate, starting when you annuitize, could depend upon several things, and certainly upon one thing: Your age. For a given amount accumulated, it shouldn't be a surpriase that a monthly payout "for the rest of your life" would be higher for someone 80 than for someone 65. In other situatio...
by summerof42
Thu Sep 24, 2020 2:02 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 850

Re: Flexible Premium Deferred Annuity - can they do that?

@Stinky - love the user name. . . too cute! Yes, Modern Woodmen of America is a very old, trusting and solid company. I'm worried now again , read my newest post and his response. Even though I'm locked in, guaranteed at 3%, now he's telling me, if/when I annuitize I'm not guaranteed the rate for li...
by summerof42
Thu Sep 24, 2020 1:54 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 850

Re: Flexible Premium Deferred Annuity - can they do that?

@ResearchMed - please refer to third post which provides this information.
by summerof42
Thu Sep 24, 2020 1:51 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 850

Re: Flexible Premium Deferred Annuity - can they do that?

@Rex66 - so, so grateful for your input! Stories changing as we go along and I requested the information as you instructed, here's his response: "Let me clear that up. Your 3% will not change. I meant the payout rate on an Immediate annuity, if you chose to take lifetime income. If those rates were ...
by summerof42
Thu Sep 24, 2020 12:47 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 850

Re: Flexible Premium Deferred Annuity - can they do that?

@Fabdog - thanks for input. I tried calling the company and they said I would need to speak to the rep and couldn't help. I'm looking over the contract now and I don't see a thing about the possibility of a rate change, or a rider whatsoever, so I will ask him to send the info over if it exists; hop...
by summerof42
Thu Sep 24, 2020 12:29 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 850

Re: Flexible Premium Deferred Annuity - can they do that?

@Rex66 and Fabdog - Whew. . . thanks, I got nervous there for a minute. So glad I have the wonderful folks on this forum to guide people like me who are clueless when it comes to these issues. Just wondering how I approach it. I'm almost certain he will try to tell me I'm wrong. Do I tell him I talk...
by summerof42
Thu Sep 24, 2020 12:04 pm
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 850

Re: Flexible Premium Deferred Annuity - can they do that?

@Rex66 - yes, it specifically states it's guaranteed. Here's how the contract reads: Guaranteed: "3.00% interest rate." Nonguaranteed: "Nonguaranteed base interest rate of 3.00%. The base rate is not guaranteed and is subject to change. The base rate will not be less than the guaranteed rate." To me...
by summerof42
Thu Sep 24, 2020 11:36 am
Forum: Personal Investments
Topic: Flexible Premium Deferred Annuity - can they do that?
Replies: 27
Views: 850

Flexible Premium Deferred Annuity - can they do that?

I currently hold a Flexible Premium Deferred Annuity with Modern Woodmen of America, which I purchased in 2009 with a fixed rate of 3%. Please note I have NOT annuitized as of yet and was planning on doing so within the next year or two, depending how market looks. If things still look uncertain/bad...
by summerof42
Tue Sep 15, 2020 9:44 am
Forum: Personal Investments
Topic: Vanguard Roth Performance
Replies: 17
Views: 1752

Re: Vanguard Roth Performance

@rkhusky - yes, my other funds are in two 401ks held in VTSAX, VFIAX, VBTLX, FXNAX and also a tIRA at Vanguard in the target 2025. In addition, I have a small flexible premium deferred annuity which is fixed at 3% which I consider as part of my bonds. I have not annuitized as of yet and will make a ...
by summerof42
Tue Sep 15, 2020 12:16 am
Forum: Personal Investments
Topic: Vanguard Roth Performance
Replies: 17
Views: 1752

Re: Vanguard Roth Performance

@Retired@50 - thanks for your great input, much appreciate it. The reason for my inquiry as of Jan '20 is manly due to the crazy market we experienced these last few months and gives me somewhat of an idea if my current fund choice is the best; particularly moving forward.
by summerof42
Tue Sep 15, 2020 12:00 am
Forum: Personal Investments
Topic: Vanguard Roth Performance
Replies: 17
Views: 1752

Vanguard Roth Performance

Thank you in advance for your input and answer to my question. My Roth IRA is presently invested in VTWNX. At 65.5 years young, I'm presently 60/40. Since Jan '20, would I have faired better if I had been invested in VG Total Bond or VG 500? As much as I'm risk adverse, I am willing to stray a tiny ...
by summerof42
Wed Sep 09, 2020 5:36 pm
Forum: Personal Investments
Topic: Immediate Annuity Satisfaction or Regrets?
Replies: 66
Views: 4502

Re: Immediate Annuity Satisfaction or Regrets?

Now maybe yours is an actual 3% fixed return. Can you cash out all the money? I mean, if you invested $100,000, 11 years later, can you cash out the full $138,423? @HomerJ - thanks for your input, greatly appreciate it. Yes, I can cash out all my money invested, plus interest made since 2009. If I ...
by summerof42
Wed Sep 09, 2020 12:06 pm
Forum: Personal Investments
Topic: Immediate Annuity Satisfaction or Regrets?
Replies: 66
Views: 4502

Re: Immediate Annuity Satisfaction or Regrets?

I feel all annuity investing is a mistake. [ quote fixed by admin LadyGeek] @Nix4me - can you explain why? **please read my post** I haven't annuitized yet, I'm earning 3% fixed. Long story short, if I annuitized in a year or two, I will receive a fixed amount each month, similar to SS without havi...
by summerof42
Wed Sep 09, 2020 10:01 am
Forum: Personal Investments
Topic: Immediate Annuity Satisfaction or Regrets?
Replies: 66
Views: 4502

Re: Immediate Annuity Satisfaction or Regrets?

@sailaway and Gill - I agree with your parents and trying hard to understand why Bogelheader's are so against them. As an example, in 2009 I rolled a small 401k account into a Flexible Premium Deferred Annuity which is fixed at 3% (can never go lower) guaranteed with Modern Woodmen of America, a non...
by summerof42
Thu Sep 03, 2020 12:36 am
Forum: Personal Investments
Topic: Making the best stock fund choice within 401k
Replies: 4
Views: 399

Making the best stock fund choice within 401k

In reviewing my stock options and performance within my 401k, I am presently invested 50/50 (Vanguard 500 Index & Fidelity US Bond) but I noticed the performance fares better for the T. Rowe Price Blue Chip Growth. Am I making the best stock fund choice and should I make the switch? https://i.postim...
by summerof42
Mon Aug 17, 2020 5:46 pm
Forum: Personal Investments
Topic: S&P 500
Replies: 19
Views: 1969

Re: S&P 500

@anon_investor, you are indeed correct. :oops:

Nice chatting with everyone. Be well and safe out there.
by summerof42
Mon Aug 17, 2020 4:39 pm
Forum: Personal Investments
Topic: S&P 500
Replies: 19
Views: 1969

Re: S&P 500

Thanks to all for your replies. My apologies, you're correct, I should have waited to market close before posting my question. . . my bad. However, even in light of market close, question remains the same.

S&P 500 up +0.27%
Vanguard S&P down -0.03%
by summerof42
Mon Aug 17, 2020 3:07 pm
Forum: Personal Investments
Topic: S&P 500
Replies: 19
Views: 1969

S&P 500

I know this is a silly question, and more than likely rhetorical, but If S&P 500 is up at 0.35%, why is it my Vanguard 500 VFIAX is down at 0.03%?

Is this due in part to S&P 500 holding different funds than my fund at Vanguard? Maybe is time to switch over to ETF.
by summerof42
Sat Aug 15, 2020 2:38 am
Forum: Personal Finance (Not Investing)
Topic: Attn: Social Security Experts
Replies: 21
Views: 2553

Re: Attn: Social Security Experts

@oblivousinvestor - thank you kindly for the very clear and precise reply. In spite of having to take the long road to get there, mainly due to my misunderstanding, I appreciated your help. I give you 5 stars! SS filing can be as confusing as Medicare and they make it so complicated. Have a great we...
by summerof42
Sat Aug 15, 2020 2:13 am
Forum: Personal Finance (Not Investing)
Topic: Attn: Social Security Experts
Replies: 21
Views: 2553

Re: Attn: Social Security Experts

It's all so confusing after reading your reply, and yet the question is so simple. Per your link, it states, " monthly benefit will be reduced if the insured person chooses to receive old-age benefits before reaching full retirement age. If so, your benefit will be reduced to the amount the insured ...
by summerof42
Sat Aug 15, 2020 1:40 am
Forum: Personal Finance (Not Investing)
Topic: Attn: Social Security Experts
Replies: 21
Views: 2553

Re: Attn: Social Security Experts

@obliviousinvestor - I posted my question on another site which was kindly answered, but I appreciate your offer. I learned the amount I would receive as survivor benefits is the amount he received when he claimed at 62. My question centered around the possibility of claiming the FRA amount he would...
by summerof42
Sat Aug 15, 2020 1:19 am
Forum: Personal Finance (Not Investing)
Topic: Attn: Social Security Experts
Replies: 21
Views: 2553

Re: Attn: Social Security Experts

Wouldn't it then make more sense to say, "you indicated spousal, but I believe you mean survivor benefits." Not to mention, member took the time to post a confusing reply, but no answer to my question and reason for post. Why reply at all. I'm just saying.

I do appreciate your clarity.
by summerof42
Sat Aug 15, 2020 1:06 am
Forum: Personal Finance (Not Investing)
Topic: Attn: Social Security Experts
Replies: 21
Views: 2553

Re: Attn: Social Security Experts

I qualify for my ex-husband's SS benefit in the unfortunate event he should pass away. I am still working but he retired several years. As I look at my sad SS statement it's not pretty given I was a stay-at-home Mom for 12 years, so his benefit is substantially more than my own. My question being, ...
by summerof42
Sat Aug 15, 2020 12:56 am
Forum: Personal Finance (Not Investing)
Topic: Attn: Social Security Experts
Replies: 21
Views: 2553

Re: Attn: Social Security Experts

@JoeRetire - subjects states "SS Experts." At the risk of being sincere, and I'm sure you were trying to be helpful, it looks like you needed to pass on this one in lieu posting a reply with incorrect information. It's very common knowledge a spouse, including an ex-spouse (if married 10+ years) can...
by summerof42
Mon Aug 10, 2020 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Attn: Social Security Experts
Replies: 21
Views: 2553

Re: Attn: Social Security Experts

@123 - thanks for answering my question, appreciate it.
by summerof42
Sun Aug 09, 2020 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Attn: Social Security Experts
Replies: 21
Views: 2553

Re: Attn: Social Security Experts

My question being, if I were to claim spousal benefits at 66, would I collect the amount he received at 62, or the FRA he would been able to claim at 66? Neither. You would collect 1/2 of his PIA, assuming 66 puts you at your FRA. @JoeRetire - My apologies if I wasn't clear. You are incorrect, per ...
by summerof42
Sun Aug 09, 2020 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Attn: Social Security Experts
Replies: 21
Views: 2553

Attn: Social Security Experts

I qualify for my ex-husband's SS benefit in the unfortunate event he should pass away. I am still working but he retired several years. As I look at my sad SS statement it's not pretty given I was a stay-at-home Mom for 12 years, so his benefit is substantially more than my own. My question being, i...
by summerof42
Mon Aug 03, 2020 4:15 pm
Forum: Personal Consumer Issues
Topic: Attn: Mechanics and Nissan experts!
Replies: 2
Views: 328

Attn: Mechanics and Nissan experts!

I own a 2005 Nissan Altima. A week ago I brought the car to local automatic shop for an oil change and have them replace the bulb in front headlight. After waiting almost two hours for the work to be done, the guy said I was lucky and he found a round-about way to get in and replace the bulb which n...
by summerof42
Fri Jul 31, 2020 10:58 pm
Forum: Personal Consumer Issues
Topic: Suggestions for Women's light-weight bike
Replies: 19
Views: 1098

Re: Suggestions for Women's light-weight bike

Tiz true Starfish and you're spot on. I spoke with my neighbor and he said he's on a waiting list for a bike. With that said, I'll keep what I have and just rely on neighbor's when I need it lifted and when I'm out and about, hopefully I can find a night in shining armor to safe the day. Never thoug...
by summerof42
Fri Jul 31, 2020 10:28 pm
Forum: Personal Consumer Issues
Topic: Suggestions for Women's light-weight bike
Replies: 19
Views: 1098

Re: Suggestions for Women's light-weight bike

Starfish wrote: Fri Jul 31, 2020 10:21 pm Any bike except the aggressive road ones are hard to put on a car. The rack is the problem, not the bike.
As indicated, I am having trouble lifting the bike, I find it to be heavy for me. It's not the rack, the rack is perfectly fine. I bought the Saris bones 2 rack.
by summerof42
Fri Jul 31, 2020 9:48 pm
Forum: Personal Consumer Issues
Topic: Suggestions for Women's light-weight bike
Replies: 19
Views: 1098

Re: Suggestions for Women's light-weight bike

Thank you kindly for he replies; however, I posted my question here because I did purchase the bike from a local bike shop in town several years ago. I went in there to trade in my Schwinn, expressing my concerns regarding the weight of the bike, and the Raleigh bike I have is what he recommended. W...
by summerof42
Fri Jul 31, 2020 12:56 am
Forum: Personal Consumer Issues
Topic: Suggestions for Women's light-weight bike
Replies: 19
Views: 1098

Suggestions for Women's light-weight bike

Purchased a Raleigh brand women's bike about 2 years ago. Although i's a great bike, I am disappointed with my expensive purchase of the bike and rack. I'm having issues with the weight of bike and always having to be a pest and bother someone to help me lift it up to get on the Saris bike rack on m...
by summerof42
Tue Jul 28, 2020 2:48 pm
Forum: Personal Investments
Topic: Furloughed - Rollover 401K to IRA?
Replies: 21
Views: 1760

Re: Furloughed - Rollover 401K to IRA?

One additional thought to consider before rolling over is protection. 401k's are protected from bankruptcy, creditors, etc.