Search found 6898 matches

by celia
Tue Oct 24, 2017 3:33 am
Forum: Investing - Help with Personal Investments
Topic: Help with parent’s portfolio
Replies: 21
Views: 803

Re: Help with parent’s portfolio

I was going to ask why she needs $100K to live on when her house (and half house) are already paid off. But I think this answers the question: She is still working and will probably clear about $150,000-$200,000 this year although she has expressed an extremely slow down at work and doesn’t anticipa...
by celia
Tue Oct 24, 2017 2:49 am
Forum: Personal Consumer Issues
Topic: Installing a slide inside a home?
Replies: 38
Views: 2107

Re: Installing a slide inside a home?

Parent of 4 kids here. Our house has a slide built-in as part of its original code compliant construction. We call it a railing. Kids climb up, one leg over each side, and wheee! Fun for ages 3-8, no sign of them losing interest despite our best attempts to get them to stop. Slide or no slide, they...
by celia
Tue Oct 24, 2017 1:58 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth: 401k Won't Accept Traditional IRA Money, Options?
Replies: 3
Views: 248

Re: Backdoor Roth: 401k Won't Accept Traditional IRA Money, Options?

I want to be sure I understand what you are saying: Do I just bite the bullet and convert it to a Roth and take the tax hit in order to contribute to more money to her Roth? We're in the 28% tax bracket and 5% at the state, so I assume it'll cost ~$2310 come tax time next year... You are worrying ab...
by celia
Sun Oct 22, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: New Vanguard Flagship message/launch page
Replies: 8
Views: 1449

Re: New Vanguard Flagship message/launch page

letsgobobby wrote:
Sun Oct 22, 2017 1:08 pm
Have not seen this message before:

Welcome to Flagship Services®
This tell me you've just become a Flagship member.

Even if you had more than a million dollars of assets at Vanguard previously, you now have a million dollars of Vanguard assets held at Vanguard.
by celia
Sun Oct 22, 2017 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: I want to (semi) retire at 42, in 2 years. Can I?
Replies: 28
Views: 3481

Re: I want to (semi) retire at 42, in 2 years. Can I?

Even though you've now joined the forum, we will still let you read the forum for free! :D The rule of thumb is to not own more than 5% of your portfolio in the stock of one company. That is very risky. Even if you don't semi-retire, you need to start selling some. The cash will come in handy for pa...
by celia
Sun Oct 22, 2017 3:33 am
Forum: Personal Finance (Not Investing)
Topic: Why not switch from Medigap F to G now?
Replies: 40
Views: 3316

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

DH just changed carriers recently to go from Plan F at one carrier to another carrier's Plan F. Did your DH change under the CA birthday rule or did he do it at a random time? He used the CA birthday rule, but I understand you can always change to a plan with fewer benefits without underwriting.
by celia
Sun Oct 22, 2017 3:28 am
Forum: Investing - Help with Personal Investments
Topic: Rebalance with large capital gain
Replies: 13
Views: 1252

Re: Rebalance with large capital gain

A combination of a new home purchase (using some bonds) and recent market rise has put us at 80/20 asset allocation. My first reaction is why did you only sell bonds for the house down payment? If you had sold some stock as well as some bonds you could have kept the same AA. You can still do that t...
by celia
Sat Oct 21, 2017 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and Retirement Savings
Replies: 21
Views: 2768

Re: Inheritance and Retirement Savings

We hope to set up an IRA Trust and keep all MIL's IRAs, earnings, and the RMDs in that. Why do you want an "IRA Trust"? If you want to keep all of the inherited things together, just keep it at a different custodian than the two of you use. You might want to do that for your own estate planning as ...
by celia
Sat Oct 21, 2017 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding Transfer Fee---Will this work?
Replies: 15
Views: 1318

Re: Avoiding Transfer Fee---Will this work?

There's probably no charge at BofA if Ally PULLS from them (like bill paying does), but there likely is if BofA PUSHES to Ally.
Let Ally do the work, not BofA.
by celia
Sat Oct 21, 2017 5:19 pm
Forum: Personal Consumer Issues
Topic: What service do you pay for that you could easily do yourself?
Replies: 50
Views: 3617

Re: What service do you pay for that you could easily do yourself?

Me: Lawn care, landscaping, staining the deck. My wife: House cleaning including bathrooms, vegetable and fruit cutting, clean up after cooking, washing, laundry folding, ironing. This frees up time for her for cooking, gardening and growing vegetables and for me for bogleheading. :happy So your wi...
by celia
Sat Oct 21, 2017 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and Retirement Savings
Replies: 21
Views: 2768

Re: Inheritance and Retirement Savings

It looks like we'll be getting roughly half a million in taxable accounts, on top of the insurance, and then $600,00 or so in IRAs. There's a small Roth and a 529, but we plan to leave those alone (until we need college funds from the 529). I hope you understand that inherited IRAs can't be rolled ...
by celia
Sat Oct 21, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for medical school for son?
Replies: 79
Views: 4569

Re: Paying for medical school for son?

bubbadog wrote:
Sat Oct 21, 2017 7:45 am
I have a son who will most likely be starting medical school in 2 years.
Has he already been admitted? If not, then you are jumping the gun on even thinking about this, since there are a lot more applicants than admissions. Not everyone gets in. But I wish him well as it seems he has a goal.
by celia
Sat Oct 21, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: What to do: Financial Advisor for Trust Breaching Fiduciary Duty
Replies: 14
Views: 1363

Re: What to do: Financial Advisor for Trust Breaching Fiduciary Duty

It all depends on what the trust says. If your father is a beneficiary and the trustor has died, then he should have a copy of the trust and understand what it says. If the trustor/grantor is still living, then it is probably not your dad's concern. I don't see how you are involved, unless you are a...
by celia
Sat Oct 21, 2017 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Why not switch from Medigap F to G now?
Replies: 40
Views: 3316

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. I just entered my zip and think the price quotes are outdated and the number of carriers for my zip is incorrect. I believe my state's Department of Insurance website pr...
by celia
Sat Oct 21, 2017 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 98
Views: 5134

Re: How does/can Walmart offer such inexpensive prescriptions?

Do they still have those $4 prescriptions? I think it is a loss leader. People want to use 1 pharmacy, not several. So if they get their ____ for $4 a month, they will use the same pharmacy for the more expensive Rx's because they don't want to go all over town to pick them up. We have some $4 pres...
by celia
Sat Oct 21, 2017 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: How does/can Walmart offer such inexpensive prescriptions?
Replies: 98
Views: 5134

Re: How does/can Walmart offer such inexpensive prescriptions?

OP, You are probably lucky that you have a generic drug. A relative uses Walmart with a Medicare drug plan D and takes several brand name meds (no generics available), which put her in the donut hole and cost enough to allow her to come out.
by celia
Sat Oct 21, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 28
Views: 2252

Re: Turning 65, and choosing not to take Medicare Part B

OP, Does your employer plan cover unlimited hospitalization (for over a year)?

Medicare alone doesn't, but many/most Medigap and Medicare Advantage plans do (but you have to have Medicare A&B first). This would likely be your most expensive medical expense, should you need it.
by celia
Fri Oct 20, 2017 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and Retirement Savings
Replies: 21
Views: 2768

Re: Inheritance and Retirement Savings

The bulk of our net worth is in tIRAs. MIL died over the summer. DH and BIL are co-executors, and are currently slogging through all that needs to be done (probate, RMDs, etc.) When the smoke clears, DH/BIL will split a $2-3M estate. Approximately half of the money is in various IRAs (2 regular, 1 ...
by celia
Fri Oct 20, 2017 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with Trust
Replies: 8
Views: 470

Re: Need help with Trust

If the person who is ill is the trustor (person who created the trust and put their assets in it) and they can no longer manage their financial affairs, you need to get a copy of the trust and read it to understand if you are now the trustee and what your responsibilities are. Write down your questi...
by celia
Fri Oct 20, 2017 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Fund advice, complicated family situation
Replies: 7
Views: 953

Re: Trust Fund advice, complicated family situation

This sounds like a typical trust that a person with children from more than one marriage would have. I don't understand why the investments have to be done through an "international accounting firm". It sounds like an unnecessary expense for an estate that is not that big (once everyone gets their s...
by celia
Fri Oct 20, 2017 4:03 am
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2724

Re: [If I die before my spouse, how to direct Vanguard advisors?]

Some of the posters above are not giving their spouse enough credit. He/she may defer to your recommendations now, for any number of reasons, but I have yet to meet a widow or widower who did not care about their finances (except for those who had cognitive decline who should have someone else manag...
by celia
Thu Oct 19, 2017 3:37 am
Forum: Personal Finance (Not Investing)
Topic: It's that time of year, and I'm pregnant!
Replies: 14
Views: 3432

Re: It's that time of year, and I'm pregnant!

In a healthy pregnancy, the pre-natal vitamins are a nominal cost. If you've already seen a doctor and have a prescription for vitamins, you will soon know the cost or can just ask the pharmacy for a ballpark price for someone who doesn't have insurance. I assume you are planning to deliver in a hos...
by celia
Thu Oct 19, 2017 2:21 am
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2724

Re: [If I die before my spouse, how to direct Vanguard advisors?]

Therefore, my plan is to use a signed "letter of instruction" to Vanguard stating that upon my death (and it's accompanying "step up in basis"), Vanguard should exchange ALL my Funds (both taxable and tax advantaged) into the LifeStrategy Moderate Growth fund (VSMGX). Due to the step-up, there woul...
by celia
Thu Oct 19, 2017 1:37 am
Forum: Personal Consumer Issues
Topic: building contractor has no license
Replies: 15
Views: 1251

Re: building contractor has no license

On something like this, it is unlikely you will recover any money. Even if you were to win a small claims judgement from him, you are unlikely to collect any money. However, since it appears you live in California, the California State Contractors Board wants to know about people like this since the...
by celia
Thu Oct 19, 2017 1:19 am
Forum: Personal Finance (Not Investing)
Topic: evicting my tenant for unlawful detainer
Replies: 7
Views: 1492

Re: evicting my tenant for unlawful detainer

Even if you took him to small claims court and won, you often cannot collect from a deadbeat.
by celia
Thu Oct 19, 2017 1:03 am
Forum: Personal Finance (Not Investing)
Topic: medicare supplement
Replies: 29
Views: 1899

Re: medicare supplment

You can see what the difference is between the various Medigap plans in the chart at the bottom of this page. https://www.medicare.gov/supplement-other-insurance/compare-medigap/compare-medigap.html Since all Medigap plans under the same letter have the same coverage and they are all secondary to Me...
by celia
Wed Oct 18, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: Recommendations on quartz countertops
Replies: 9
Views: 959

Re: Recommendations on quartz countertops

We've had Zodiac for 10 years now. My primary comment involves the color you select. If you have family members who don't see or care about the crumbs and flakes they leave on the counter, then don't get a light color, since you will see their mess all the time. But if you get a dark color with dark...
by celia
Wed Oct 18, 2017 12:49 pm
Forum: Personal Consumer Issues
Topic: Trash dumped on curb (need advice)
Replies: 60
Views: 6013

Re: Trash dumped on curb (need advice)

This may be a stretch as a financial topic, This is more of a financial issue, IMO, than movie or book reviews, vacation ideas, or schools to send your kids to. It affects your property value, the cost incurred by someone to do the removal, and the implications of what might happen if it is NOT rem...
by celia
Wed Oct 18, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Multi-currency accounts for US citizen
Replies: 37
Views: 1574

Re: Multi-currency accounts for US citizen

TomatoTomahto wrote:
Wed Oct 18, 2017 11:44 am
More concretely, how does he cash a (not quite) 600 Euro check without getting reamed?
Go to Europe? :beer
by celia
Wed Oct 18, 2017 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: New for Vanguard!
Replies: 28
Views: 3597

Re: New for VANGUARD!

The only thing is that I am not familiar with mutual funds and I guess you need $3000 for investor shares $50000 for admiral shares which I do not have either way. Nkot, I assume you are young and just starting out. Maybe you have your first full-time job that pays you a little more than you need f...
by celia
Wed Oct 18, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: New for Vanguard!
Replies: 28
Views: 3597

Re: New for VANGUARD!

seems like the perfect asset allocation at only $20.00 a share.
The share price is irrelevant. If the share price was 2 cents or $200, it still wouldn't matter. You would just get more or fewer shares for your $3,000 investment. WHAT the fund owns is more important than the share price.
by celia
Wed Oct 18, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Multi-currency accounts for US citizen
Replies: 37
Views: 1574

Re: Multi-currency accounts for US citizen

If it is mainly used for travel, he should just throw his left-over foreign currency in an envelope and put it where he will find it before going on the next trip. It's not like he's going to be stashing thousands away each time, but the fees to monitor small amounts of left-overs for him would out-...
by celia
Wed Oct 18, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Multi-currency accounts for US citizen
Replies: 37
Views: 1574

Re: Multi-currency accounts for US citizen

There are ETFs that invest in various currencies, but their risks are different than for stock-based ETFs and they can be quite volatile.
https://www.fidelity.com/learning-cente ... rency-etfs
by celia
Wed Oct 18, 2017 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Mechanics of rebalancing a four fund portfolio
Replies: 14
Views: 1231

Re: Mechanics of rebalancing a four fund portfolio

OK, in one of my IRA's, say I need to sell some of my total US stock ($1289) and some of my total International stock ($1289). I need to buy some total bond ($1934) and total International bond ($645). Is it simpler to move the $1289 x 2 to my settlement account then wait for that to clear, then ma...
by celia
Tue Oct 17, 2017 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: how long did it take to get used to retirement
Replies: 97
Views: 8463

Re: how long did it take to get used to retirement

There are many days I don't feel retired, because there are more things I want to do than I have time for. DH says if I turned off the computer, I would be able to do more of my things. I agree, but I simply enjoy Bogleheads. OP, One thing you may be missing is regular social interaction. It's diffi...
by celia
Tue Oct 17, 2017 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Taxes and withdrawal strategy in retirement
Replies: 7
Views: 1241

Re: Taxes and withdrawal strategy in retirement

Assets in Taxable accounts: 220k$ Assets in Taxable accounts but in a living trust: 150 k$ Assets for emergencies (taxable): 60k$ Tax-wise, these accounts are all the same. I wonder why they all aren't in the trust. They can stay as separate accounts but I can't think of any reason they shouldn't b...
by celia
Tue Oct 17, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: seeking advice on asset allocation, or is Vanguard crazy
Replies: 26
Views: 2596

Re: seeking advice on asset allocation, or is Vanguard crazy

The thing about an Asset Allocation is you can come up with anything reasonable, but you will never know if it is appropriate for you until you've lived through a bear market with significant invested assets. Do you change anything during that time? Do you wish you had a different allocation? In oth...
by celia
Tue Oct 17, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 57
Views: 5103

Re: Best way to make some dollars on a 10 day vacation?

Call up your local Red Cross chapter and see what they require for you to be deployed to a disaster zone (Texas, Florida, No. California fire areas, Puerto Rico???). You need to be available for at least a 2-week period. Your background is a specialty niche and they might be able to use you In a spe...
by celia
Tue Oct 17, 2017 1:32 am
Forum: Investing - Theory, News & General
Topic: Roth as good as you think?
Replies: 29
Views: 3502

Re: Roth as good as you think?

I'm not saying there is something wrong with a Roth, just trying to point out the tax issue. . . . To sum it all up, If you invest the same starting amount (before tax for Roth), later when when you withdraw in the same tax bracket you end up with the same amount of spendable money after paying tax...
by celia
Tue Oct 17, 2017 12:30 am
Forum: Personal Finance (Not Investing)
Topic: Wills/Trust/Estate Planning - How best to review legal documents
Replies: 21
Views: 1613

Re: Wills/Trust/Estate Planning - How best to review legal documents

We just received the draft of our joint trust restatement (everything is being thrown out and replaced by this trust but the original trust name remains). So we are going from a 30 page trust document to a 100+ page document after 30 years. I think it is important to be able to read and understand t...
by celia
Mon Oct 16, 2017 9:22 pm
Forum: Personal Consumer Issues
Topic: Roofer stopped showing up - what are my options?
Replies: 18
Views: 2592

Re: Roofer stopped showing up - what are my options?

Here are the things that I would look for, knowing what we know now: Hire a licensed roofer (or whatever tradesman you need) to do the work so you could have a warranty on the roof. The more expensive the labor is, the more important it is to get quality materials so you don't have to pay for labor ...
by celia
Mon Oct 16, 2017 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Should I start investing?
Replies: 19
Views: 1202

Re: Should I start investing?

First, you need to see if you are eligible to contribute to a Roth. Did you have a job this year that will issue you a W-2? In other words, your income needs to be EARNED income (wages), not scholarships or grants. Alternately, you can be self-employed but that doesn't seem to apply here.
by celia
Mon Oct 16, 2017 8:31 pm
Forum: Personal Consumer Issues
Topic: contributing to friend's non-profit?
Replies: 36
Views: 1912

Re: contributing to friend's non-profit?

Both is independent of each other and I don't mix friends and business (or non-profit business in this case) I see nothing wrong with mixing friends and business/non-profits. I've met several friends from our common volunteerism for the same non-profit(s). Over time, it is natural to become friends...
by celia
Mon Oct 16, 2017 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Convert: To the max of your likely future bracket or the one just below?
Replies: 5
Views: 749

Re: Roth Convert: To the max of your likely future bracket or the one just below?

We've been converting with the goal of trying to keep our Taxable Income (Form 1040, line 43) steady for the rest of our lives. This includes figuring out what our SS will be when it starts as well as RMDs, including from our Inherited traditional IRAs (which may be emptied during our lifetime). If ...
by celia
Mon Oct 16, 2017 2:16 am
Forum: Personal Consumer Issues
Topic: contributing to friend's non-profit?
Replies: 36
Views: 1912

Re: contributing to friend's non-profit?

I wouldn't be ambivalent about it, either, especially if one of the purposes of starting the non-profit was to be compensated by it or otherwise benefit from it. That makes it a non-profit for tax and cash-raising purposes only, but not in spirit or intent. I doubt the IRS would give them non-profi...
by celia
Mon Oct 16, 2017 1:57 am
Forum: Personal Finance (Not Investing)
Topic: First Post (gulp) - Request for Advice on selling inherited home
Replies: 20
Views: 1611

Re: First Post (gulp) - Request for Advice on selling inherited home

I hope you've already forwarded your MIL's mail to your house. One effective thing I did with all the mail was to buy 20-30 blank postcards from the Post Office and write a message on the non-stamp side that "<name> and <address> has died. Please remove from all mailing lists." Then as mail comes in...
by celia
Mon Oct 16, 2017 12:32 am
Forum: Personal Finance (Not Investing)
Topic: Severance includes 2 yrs healthcare. Should I use that instead of new company?
Replies: 27
Views: 2126

Re: Severance includes 2 yrs healthcare. Should I use that instead of new company?

I withdraw my last comment as I assumed (today) that this was a Medicare-related topic. (I am participating in some of those threads at the moment and got this confused with the others.)

But while re-reading the original post, the old employer's open enrollment period is in November, not August.
by celia
Sun Oct 15, 2017 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Help on simplifying my portfolio
Replies: 24
Views: 1487

Re: Help on simplifying my portfolio

I don't think I can merge my old 401k to my new one without selling it. They are both at Fidelity, however the fund selections are different. For example my old 401k has fund a, b and c. My new one doesn't have that option. So when I roll over, essentially they need to liquidate to cash or some kin...
by celia
Sun Oct 15, 2017 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Severance includes 2 yrs healthcare. Should I use that instead of new company?
Replies: 27
Views: 2126

Re: Severance includes 2 yrs healthcare. Should I use that instead of new company?

To me, the main concern is that old employer insurance ends in August month while new enrollment at companies are on calendar month of jan to dec. Would this be considered an event that you can enroll at new employer next august (2018) or 2019 august? Yes, former HR manager here. Losing other cover...
by celia
Sun Oct 15, 2017 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to diversify investments
Replies: 9
Views: 870

Re: Looking to diversify investments

ETA 3: My vanguard account is a brokerage account, when setting it up I wanted more flexibility with it than an IRA would provide (penalties, etc). Account is sitting at about $5k and I expect to be able to contribute at least $5k annually moving forward. My Vanguard account is a brokerage account ...