Search found 74 matches

by jeffarvon
Fri Jul 13, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Retired, age 60 - Tax Plan. Please suggest improvements.
Replies: 30
Views: 3307

Re: Retired, age 60 - Tax Plan. Please suggest improvements.

MrBeaver You are correct in that some conversions are better in the long term. Sometimes, however, it takes many years. The retirement calculator that uses excel, Retiree Portfolio Model, has a output table that shows the break even point for Roth conversions in given scenarios. For me it is one of...
by jeffarvon
Sat Feb 03, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Relearning Calculus
Replies: 81
Views: 7563

Re: Relearning Calculus

Specifically, at Coursera, I took and got a lot out of the Calculus 1 class developed by a couple of professors from Ohio State.

I see the nex class starting Feb 19 https://www.coursera.org/learn/calculus1
by jeffarvon
Sat Jan 20, 2018 1:00 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 188
Views: 24875

Re: Anyone disenchanted with retirement?

visualguy: I was considering early retirement at 50, but wasn't sure, so I took a 1-year "sabbatical" to see how it goes. I went back to work after that. I found that I was becoming too lazy, and wasn't really doing more interesting or fun activities with my time than when I was working. Also, I mi...
by jeffarvon
Sat Oct 07, 2017 6:43 am
Forum: Investing - Help with Personal Investments
Topic: Need for inflation protection w/SS and/or inflation-adjusted pensions?
Replies: 9
Views: 1011

Re: Need for inflation protection w/SS and/or inflation-adjusted pensions?

Just a comment about the "given" of a COLA pension. Teacher pensions in Ohio have frozen any COLA adjustments, seemingly for at least 5 years when the decision will be revisited. I believe similar things are happening in other states. See also https://www.teacherpensions.org/resource/cola-cuts-state...
by jeffarvon
Tue Apr 11, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Best place to setup a will
Replies: 42
Views: 5477

Re: Best place to setup a will

Bengal22 wrote The only thing that will have to go through probate is the house and vehicles. I notice your residence as Ohio. You can accomplish TOD designations on homes and vehicles. No probate. I had done both for a few relatives with little effort. Home deed with a TRANSFER ON DEATH DESIGNATION...
by jeffarvon
Tue Dec 20, 2016 6:42 am
Forum: Personal Consumer Issues
Topic: Hard Endeavor/Exercise in Middle Age
Replies: 118
Views: 10168

Re: Hard Endeavor/Exercise in Middle Age

I'll add in a vote for road cycling which has become my go to now in my late 50's. I spent many decades both running and lifting. If you are trying to hold onto muscle mass, running is against you. Biking not as much. If you're after hard then biking allows you turn yourself inside out up to a few t...
by jeffarvon
Tue Dec 29, 2015 10:24 am
Forum: Personal Consumer Issues
Topic: weather alerts
Replies: 11
Views: 1377

Re: weather alerts

FEMA sends alerts, including severe weather, to wireless carriers that then broadcast to cell towers in the affected areas.
Some explanation here http://www.fema.gov/frequently-asked-qu ... ncy-alerts
by jeffarvon
Sun Jul 12, 2015 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Hassle of Inheriting a Brokerage Account"
Replies: 19
Views: 4472

Re: WSJ: "Hassle of Inheriting a Brokerage Account"

My personal experiences:

I had particular troubles working with BNY Mellon regarding my deceased FIL holdings 6 years ago. Still enough bad feelings on my part to comment here. Boo.

I've had quite straightforward dealings with Merrill Lynch and ComputerShare.
by jeffarvon
Wed Mar 18, 2015 4:48 pm
Forum: Personal Consumer Issues
Topic: Children's Swingset
Replies: 43
Views: 11418

Re: Children's Swingset

My observation has been if the swing isn't high enough then it will quickly fall into disuse.

I had some DIY plans from a family friend with a 10 ft high swing. Many kids in our neighborhood continue(d) to use into high school.

Enjoy,
by jeffarvon
Fri Feb 20, 2015 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: End of Life for a Friend of Mine....a couple weeks ago....
Replies: 41
Views: 6039

Re: End of Life for a Friend of Mine....a couple weeks ago..

Wow. Sigh. I read this and then went further reading at least the subject lines of some of the next posts. All are in some other relevance category than this one; and are at the moment not catching my interest. I had to come back here. Sorry about your friend and thank you for sharing. Logging off n...
by jeffarvon
Fri Feb 13, 2015 7:02 am
Forum: Investing - Help with Personal Investments
Topic: EXPAT investing
Replies: 7
Views: 1418

Re: EXPAT investing

My understanding is that in the case you are working in the US (eg., maybe a business trip of sorts) then you can invest monies earned on those US-based work days.
by jeffarvon
Thu Feb 12, 2015 5:26 pm
Forum: Investing - Theory, News & General
Topic: Is "Financial Independence" the new "Retirement?"
Replies: 52
Views: 9541

Re: Is "Financial Independence" the new "Retirement?"

MathWizard wrote.. Yes, it is incredibly hard to do. If you look at appendix A1 in the 2011 column of http://www.census.gov/people/wealth/files/Wealth%20distribution%202000%20to%202011.pdf and look at what is normally assumed as the beginning of retirement, you see that for 2011, only the median of...
by jeffarvon
Thu Jan 15, 2015 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Master degree in Math
Replies: 50
Views: 6672

Re: Master degree in Math

Combining some comments above: asterix0 ..Take at least one proof based course before entering a graduate program in math. and Herekittykitty .. well the best solution to that is to go into it well prepared I would suggest this free Coursera MOOC Introduction to Mathematical Thinking . It's a soft i...
by jeffarvon
Sat Jul 26, 2014 6:32 am
Forum: Personal Consumer Issues
Topic: Public Speaking-help
Replies: 79
Views: 8339

Re: Public Speaking-help

I benefited by taking a MOOC on public speaking. Here's the one I took: https://www.coursera.org/course/publicspeak

You can go through the archived course on your schedule and find the things that resonate with you.

Good Luck!
by jeffarvon
Wed Jun 04, 2014 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Where do all of you buy your term life insurance?
Replies: 12
Views: 1830

Re: Where do all of you buy your term life insurance?

I use my IEEE membership and have my group term life through them.

Who better than a bunch of engineers to have a group life insurance policy thru?
by jeffarvon
Sun Oct 13, 2013 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Lump Sum pension: risk to continuing work after eligible?
Replies: 28
Views: 3998

Re: Lump Sum pension: risk to continuing work after eligible

Surfinagin wrote: I've heard estimates that the upcoming Sept rates will lower my lump sum by the wide range of 25 to 80K. My data point is that last week my company communicated that the change in next year's lump sum calculation will lower the total payout by 10%. I checked annuity quotes and usi...
by jeffarvon
Wed Dec 19, 2012 11:40 am
Forum: Personal Consumer Issues
Topic: Can't think of x-mas gift to give wife...
Replies: 44
Views: 4647

Re: Can't think of x-mas gift to give wife...

Flowers.

They express some thoughtfulness, match the definition of gift (as in usually not purchased for self), my wife always enjoys, and are 'consumable' in that they don't add to the home clutter.
by jeffarvon
Thu Sep 13, 2012 7:24 pm
Forum: Investing - Theory, News & General
Topic: Immediate Annuities Aren’t for Everyone
Replies: 66
Views: 8251

Re: Immediate Annuities Aren’t for Everyone

Does the same argument in the article apply when weighing the option of a monthly pension or accepting a lump sum?
by jeffarvon
Fri Dec 30, 2011 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Vangaurd RMD Question
Replies: 14
Views: 1331

Re: Vangaurd RMD Question

I was rightly corrected, RMD amounts cannot be moved into a Roth. I am assisting my mother-in-law in converting her traditional IRA into a Roth; which is being done over a number of years to take advantage of her lower tax rates. So for us, as these activities are related (happen yearly) and rather ...
by jeffarvon
Fri Dec 30, 2011 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Vangaurd RMD Question
Replies: 14
Views: 1331

Re: Vangaurd RMD Question

You mention re-investing the RMD into a taxable account. Any reason you aren't considering converting these monies into a Roth IRA?
by jeffarvon
Thu Sep 15, 2011 9:17 am
Forum: Personal Consumer Issues
Topic: 2011 College Ranking by U.S. News
Replies: 58
Views: 6377

Sorry if this is redundant, I only did a quick search through the thread but timeliness was important.

Google is offering a free one year access to the rankings (but you must sign up prior to 9/16)

Look here: Google register for usnews
by jeffarvon
Sat Jul 02, 2011 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Investment options for an expat – taxes
Replies: 15
Views: 2924

If you use the FEIE, then I as I read the following, you are not eligible to contribute to tax-deferred accounts. Contributions to Individual Retirement Arrangements Contributions to your individual retirement arrangements (IRAs) that are traditional IRAs or Roth IRAs are generally limited to the le...
by jeffarvon
Wed Jun 01, 2011 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider to be "on-track"?
Replies: 39
Views: 4415

You may have gotten the type of reply you were after from the Money Mag reference above.

A prior B-head thread How much should a young man, or woman save for retirement?
by jeffarvon
Fri May 13, 2011 7:22 pm
Forum: Personal Consumer Issues
Topic: Used or refurbished ipods?
Replies: 4
Views: 1095

Yes. I use this combination.
by jeffarvon
Wed Apr 13, 2011 6:02 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA question
Replies: 2
Views: 861

You describe using after tax money for the traditional IRA, so you don't end up paying tax on that part, details in the above information from sscritic about reporting that basis. You do end up paying tax on any earning those contributions made. Complications creep in if you currently own any deduct...
by jeffarvon
Fri Apr 01, 2011 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Where do Bogleheads get Term Life? Sheesh...
Replies: 93
Views: 13749

IEEE Group insurance. Who else would you chose to be in your group but a bunch of engineers to keep premiums low.
by jeffarvon
Thu Mar 31, 2011 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help with plan for inherited $$
Replies: 47
Views: 5575

A question. Does an inherited IRA follow the same RMD as any IRA? When I looked up the .gov reference http://www.irs.gov/pub/irs-tege/uniform_rmd_wksht.pdf I wouldn't describe RMD's as done a couple of time above; eg., In other words, if your life expectancy is 25 years, 1/25th of the money will nee...
by jeffarvon
Tue Mar 29, 2011 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning: Anyone uses Living Trust?
Replies: 8
Views: 2647

I've read that using Wills alone is problematic due to probate fees I've observed that there are many rational situations where probate can be completely avoided using the existing mechanisms (TOD/POD) of passing assets to beneficiaries of retirement accounts, taxable accounts, bank accounts, CDs, ...
by jeffarvon
Mon Mar 28, 2011 6:55 pm
Forum: Personal Consumer Issues
Topic: recommend non-fiction book (see post for details)
Replies: 20
Views: 2692

I would suggest "A Short History of Nearly Everything" by Bill Bryson

http://www.amazon.com/Short-History-Nea ... 0767908171
by jeffarvon
Fri Dec 17, 2010 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: No Brainer Conversion to ROTH IRA????
Replies: 17
Views: 3191

You are thinking correctly.

The Bogleheads wiki makes a supportive comment about converting when you have some/significant basis (after-tax non-deductible) monies in the tIRA.
by jeffarvon
Thu Dec 16, 2010 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Disinehrited by Vanguard?
Replies: 3
Views: 1795

I spoke with Vanguard within the last 3-4 months and this was the policy as explained to me. I also would prefer more flexibility (eg., separate ROTH IRA investments with differing beneficiaries). Specifically, the interest is because of the wide range in age (4-25) of the beneficiaries. EDIT: I've ...
by jeffarvon
Tue Dec 07, 2010 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Where is the best place to shop for term life insurance?
Replies: 6
Views: 2529

It's been some time since I seriously looked at this (in fact, I'm nearing the year to stop my term life). I can't think of another, better group to be in a group life insurance policy with for low premiums than a bunch of engineers so I got mine thru the IEEE. I was already a member (and I don't ex...
by jeffarvon
Tue Nov 02, 2010 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Irrevocable trust a good idea for 87 yr.old?
Replies: 13
Views: 3700

I thought someone might have responded by now more accurately than I will. Your comment: My sketchy understanding of the way nursing home finances work is that we spend down Dad's assets until we get to around $100k remaining, (not sure of the exact number), then can apply for Medicaid This dollar a...
by jeffarvon
Sun Oct 17, 2010 9:25 am
Forum: Investing - Theory, News & General
Topic: T Rowe Price or Vanguard?
Replies: 36
Views: 24657

You didn't mention if your TRP accounts are taxable accounts or retirement accounts (eg., IRA). If taxable, pay attention if they have significant capital gains and determine if that factors into moving (or when to move) the monies.
by jeffarvon
Sat Sep 04, 2010 10:40 am
Forum: Personal Finance (Not Investing)
Topic: paying off stafford loans
Replies: 28
Views: 3640

I'm replying in part because the details were so similar to mine: daughter, grad school, 24.5K, now employed, starting payments. No strong advise or wonderful points to offer, just how we are navigating our way through. I want her to take ownership/responsibility (after all it was her loan) but also...
by jeffarvon
Tue Aug 17, 2010 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Power of Attorney vs Living Trust, which is right?
Replies: 48
Views: 8521

A part of afan's post ..That means any creditors of the estate have a claim on these assets. Any federal or state estate taxes also will be due, whether the assets are in a RLT or not. The trustee cannot give away these assets until the creditors and governments get their money... In the case where ...
by jeffarvon
Thu Aug 05, 2010 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Power of Attorney vs Living Trust, which is right?
Replies: 48
Views: 8521

bluemarlin08 wrote: Major reasons folks do Living Trusts: 1. Avoidance of probate 2. Assets pass immediately to heirs 3. Privacy cdwood responded: This is spot on. My parents put everything in a revocable living trust back in 1982. By the time of Mom's passing (2002), the estate had grown to the se...
by jeffarvon
Wed Jul 28, 2010 8:33 pm
Forum: Personal Consumer Issues
Topic: Best SAT preparation/practice books?
Replies: 39
Views: 7743

jeffarvon wrote: Ok, I do just shake my head at the poor math skill exhibited out there. I've even taken to tutoring at my local high school. cjackson0 wrote: Was that difficult to do? I have a background in computer science and have thought about tutoring or teaching in my spare time or in retirem...
by jeffarvon
Wed Jul 28, 2010 6:32 pm
Forum: Personal Consumer Issues
Topic: Best SAT preparation/practice books?
Replies: 39
Views: 7743

A "2 minute a day" approach is the free service College Board offers, Official SAT Question of the Day . I get a daily SAT question (about 4:1 English to math ratio) sent to my email account. It's a nice user interface, gives explanations of the answers, and the one thing that might hook you, a pie-...
by jeffarvon
Wed Jul 28, 2010 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Somehow put house in childrens name while still living in it
Replies: 23
Views: 4306

Watty wrote: I'm not a lawyer but in some states it may be possible to have the deed to a house or car title set up with a "transfer on death" designation Both are true in Ohio. Just this afternoon I was at the county recorder to add a TOD affidavit for my widowed mother-in-law's house. Link has sam...
by jeffarvon
Sat Jun 26, 2010 9:14 am
Forum: Personal Finance (Not Investing)
Topic: house title question
Replies: 20
Views: 3607

I like the POD/TOD option you mentioned originally. Not sure how many states allow this, but it can be done in Ohio.
by jeffarvon
Mon May 31, 2010 9:29 am
Forum: Personal Consumer Issues
Topic: Daughter in need of travelers health insurance in Australia
Replies: 6
Views: 1685

Really appreciate the input. Thanks! Reporting back: Having put 'travelers' in the title might have been a bit of a red herring. I was trying to emphasize the expected short term need. I looked thru some of this information and it may be more inclusive (extra insurance features) than the main focus ...
by jeffarvon
Sun May 30, 2010 8:29 am
Forum: Personal Consumer Issues
Topic: Daughter in need of travelers health insurance in Australia
Replies: 6
Views: 1685

Daughter in need of travelers health insurance in Australia

My early 20's daughter is relocating to Perth and is need of health insurance (Dad requirement). She's now off my company insurance (college graduate) and my company isn't doing anything to bridge her to the "under 26 dependent coverage" that should kick-back in for her Sept 23rd (assuming she still...
by jeffarvon
Sun Apr 25, 2010 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Best state in which to retire or declare residency
Replies: 119
Views: 27440

Wondering if a state's inheritance tax have any influence in this choice?

In Ohio, the threshold is low. Starting at 338K your estate is taxed at 7% and after 500K, 6%.
by jeffarvon
Sun Apr 11, 2010 9:50 am
Forum: Investing - Help with Personal Investments
Topic: VG Traditional IRA to VG Roth IRA
Replies: 2
Views: 733

If you have multiple beneficiaries in mind, separate IRA's can be a benefit. Even if the scenario is that the first beneficiary is a spouse, with separate IRA's for different secondary beneficiaries then you've positioned for future choice of a stretch-IRA with RMD's pegged to the individual benefic...
by jeffarvon
Wed Mar 31, 2010 10:20 am
Forum: Investing - Theory, News & General
Topic: Question for Bogleheads: Emergency Fund location ?
Replies: 64
Views: 11286

A little surprised home equity line of credit (HELOC) hadn't been mentioned. True not an emergency fund (in the lockbox sense), but access provides flexibility. I never had much need until my job situation appeared shaky. It's easier to get this setup while you have a job and, as mentioned in the Mo...
by jeffarvon
Sat Mar 13, 2010 1:35 pm
Forum: Personal Consumer Issues
Topic: What mysteries get solved by living a long time?
Replies: 138
Views: 19517

Mine is in my signature line. Yup, it's in the movie.
by jeffarvon
Fri Jan 01, 2010 9:20 am
Forum: Forum Issues and Administration
Topic: Daily Hits to This Site
Replies: 66
Views: 12286

I came across a web traffic information site today. Being new/naive about this topic, I quite enjoyed looking over the stats provided. For example, China came in at number 2 in where Boglehead users come from, with 9.2%. Can't comment that there might be better sites. http://www.alexa.com/siteinfo/b...
by jeffarvon
Wed Dec 23, 2009 2:38 pm
Forum: Investing - Theory, News & General
Topic: Should anyone have an emergency fund?
Replies: 66
Views: 13827

mortal wrote: Something occurred to me last night. I went online and calculated my unemployment benefits were I to (hypothetically) lose my job. It turns out (if I ran the calculation correctly) that I could easily cover my monthly expenses. How does one factor this in when considering the size of ...
by jeffarvon
Fri Dec 18, 2009 11:22 am
Forum: Personal Consumer Issues
Topic: What is your favorite book ever?
Replies: 109
Views: 15064

Death Valley in '49 would be the book I would offer to this audience. While we worry about our 401k balances, these folks worried about if their chosen path would have water in the next 2 days. Amazon link for summaries, reviews. http://www.amazon.com/Death-Valley-49-Autobiography-Pioneer/dp/1589760...