Search found 11212 matches

by celia
Sun Sep 27, 2020 4:32 pm
Forum: Investing - Theory, News & General
Topic: Helping Niblings
Replies: 12
Views: 1246

Re: Helping Niblings

Here are some potential problems to first consider: * What do your siblings (niblings’ parents) think of this? Will they have tax implications? Will the students have tax obligations? * Are the parents going to be filing for financial aid? Part of the money at the disposal of a nibling will be expec...
by celia
Sun Sep 27, 2020 12:50 pm
Forum: Investing - Theory, News & General
Topic: Retirees spending question
Replies: 12
Views: 996

Re: Retirees spending question

We now spend a little less than the 5 years prior to retirement (no commuting, office clothes, eating lunches out) and much less than 10 years prior to retirement (when there was a mortgage, kids in private schools and college).
by celia
Sun Sep 27, 2020 12:44 pm
Forum: Personal Consumer Issues
Topic: Rental car company charged me for toll road I did not use
Replies: 19
Views: 1546

Re: Rental car company charged me for toll road I did not use

I noticed a charge of around $15 on my credit card that appears to be linked to a car I rented recently. I'm 99% sure I did not drive on any toll roads on this trip. What makes you think this is a toll road charge? Maybe you were given a $15 discount when booking that they found you weren’t eligibl...
by celia
Sun Sep 27, 2020 3:36 am
Forum: Personal Investments
Topic: Just Found Out We Are Expecting First Child - Now What
Replies: 20
Views: 1659

Re: Just Found Out We Are Expecting First Child - Now What

The mom-to-be will soon start needing more sleep, if it hasn’t already happened. Some days I came home from work and just went to bed. She will start going the restroom more frequently. So your cooking, dishwashing, and sleeping routines may need to change. If she hasn’t yet seen an obstetrician, sh...
by celia
Sat Sep 26, 2020 5:01 pm
Forum: Personal Investments
Topic: Is a Trust really needed today?
Replies: 18
Views: 1845

Re: Is a Trust really needed today?

Even if the ONLY thing in the trust is mutual funds, the trustee would be able to vote in shareholder elections and if the fund should cease to exist, the trustee can re-invest the money in another fund. If tax withholdings were done but no taxes were due by the grantor, the trustee can file a tax r...
by celia
Sat Sep 26, 2020 4:46 pm
Forum: Personal Investments
Topic: Please help review a beginner's porfolios
Replies: 6
Views: 667

Re: Please help review a beginner's porfolios

OP, This your lucky day!

A speaker’s series was just announced here:
viewtopic.php?p=5516851#p5516851
by celia
Sat Sep 26, 2020 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab closed my checking $0 account without a warning. Is that common?
Replies: 16
Views: 1436

Re: Schwab closed my checking $0 account without a warning. Is that common?

A second call, the CSR that all my money had been escheated to the state, but they had no record of it. I didn't make a third call. Did you look at your state’s unclaimed property website to look for it? If not there, have you looked at California’s (since they are the default state when the custod...
by celia
Sat Sep 26, 2020 3:33 pm
Forum: Personal Investments
Topic: Fired financial advisor! NEED HELP simplifying accounts
Replies: 10
Views: 1269

Re: Fired financial advisor! NEED HELP simplifying accounts

It would be best to put ALL your holdings in our preferred format as described in Asking Portfolio Questions . We can answer much easier if it is arranged in a familar way to us. Also, not many of us are going to look up ticker symbols for you. An added bonus will be that you will likely understand ...
by celia
Sat Sep 26, 2020 3:02 pm
Forum: Personal Consumer Issues
Topic: What are subscriptions that add the most value in 2020?
Replies: 50
Views: 3321

Re: A bunch

Goodness! When do you find the time to watch/read all those streaming services/mags? Hey, I am a graduate of Evelyn Wood speed reading course, but I couldn't read that many mags. :shock: Maybe that poster has a huge household or one of them is a doctor that needs fresh material for the waiting room...
by celia
Sat Sep 26, 2020 2:24 pm
Forum: Investing - Theory, News & General
Topic: Were you nervous when you retired?
Replies: 66
Views: 4911

Re: Were you nervous when you retired?

I was trustee and POA for a relative who had medical issues and cognitive decline while I was working full time and still had a minor child to finish raising and launch. Looking for resources and care of the relative and his condo was a job in itself. Luckily my siblings were there to help but it st...
by celia
Sat Sep 26, 2020 1:31 pm
Forum: Investing - Theory, News & General
Topic: Were you nervous when you retired?
Replies: 66
Views: 4911

Re: Were you nervous when you retired?

Investments are sufficient to retire, far in excess of needs, wants, desires. SO retired a year ago,... No, you haven’t retired yet. You are sitting at the end of the diving board, afraid to jump in. JUMP! Sure, you will get all wet but it doesn’t take long to get used to the water. What are you wa...
by celia
Sat Sep 26, 2020 1:22 pm
Forum: Personal Consumer Issues
Topic: What are subscriptions that add the most value in 2020?
Replies: 50
Views: 3321

Re: What are subscriptions that add the most value in 2020?

AAA
Tracfone
Membership in societies that support my hobby (genealogy)
A few magazines
by celia
Sat Sep 26, 2020 12:37 pm
Forum: Personal Investments
Topic: Is a Trust really needed today?
Replies: 18
Views: 1845

Re: Is a Trust really needed today?

It also explains that one of the children would be able to manage the trust in event the family member becomes incapacitated. BINGO! The trustee will have a much easier time managing things if/when the grantor is incapacitated. We are experiencing this with some family members currently where not e...
by celia
Sat Sep 26, 2020 12:06 pm
Forum: Personal Investments
Topic: Please help review a beginner's porfolios
Replies: 6
Views: 667

Re: Please help review a beginner's porfolios

overall US stock allocation: 49.25% overall international allocation: 25.75% overall total bond allocation: 29.38% Welcome to Bogleheads! This is where we start—figuring out what our desired Asset Allocation should be, based on our own circumstances and willingness and ability to take risk. It look...
by celia
Sat Sep 26, 2020 12:35 am
Forum: Personal Investments
Topic: rollover mistake - cancel possible?
Replies: 14
Views: 1217

Re: rollover mistake - cancel possible?

Before you roll it back to the old employer’s plan, you need to see if they will accept it back. That’s more important than what the new employer’s plan says. As I understand it, the new employer’s plan has to release the rollover, if you want to do something else with it but can’t release contribut...
by celia
Fri Sep 25, 2020 11:56 pm
Forum: Personal Consumer Issues
Topic: How to approach kid’s middle school / high school / college decisions?
Replies: 39
Views: 3338

Re: How to approach kid’s middle school / high school / college decisions?

I think you need to start by understanding your own school district and what your options are. What are their rules for being able to attend a school that is not closest to them? For example, in CA, it is easy to get in the school near where a parent works (so they can commute to work and school tog...
by celia
Thu Sep 24, 2020 7:33 pm
Forum: Personal Consumer Issues
Topic: Bogleheads knows how many Echo devices I have
Replies: 66
Views: 3073

Re: Bogleheads knows how many Echo devices I have

retiredjg wrote: Thu Sep 24, 2020 6:52 pm If you don't have Alexa....who did you ask?

:confused :confused :confused
I spoke and listened to my own echo!
by celia
Thu Sep 24, 2020 7:13 pm
Forum: Personal Investments
Topic: Trust investment question
Replies: 7
Views: 604

Re: Trust investment question

I would want to know what the trust says first. When will withdrawals be done? Will they all be for your wife’s use? Can she withdraw a large amount at once for a house? Who will pay taxes on this trust? Do you know how trusts are taxed? Without knowing more about the trust, you can’t make the best ...
by celia
Thu Sep 24, 2020 7:00 pm
Forum: Personal Consumer Issues
Topic: Buying a house in a city with historically declining housing prices?
Replies: 17
Views: 1839

Re: Buying a house in a city with historically declining housing prices?

If you want to buy, I would think the most important thing is to find a stable, upscale neighborhood that has already been stable for 10 years. That would be more important to me than the specific house. Sort of like buying the cheapest house in the best neighborhood.
by celia
Thu Sep 24, 2020 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Contingent Beneficiary Question-Specific Situation
Replies: 11
Views: 618

Re: Contingent Beneficiary Question-Specific Situation

Most states statutes presume that each is a survivor with respect to the distribution of that person’s property. Gill So, does that mean that they get each other’s IRA, then since they’ve died, it goes to the contingent beneficiaries listed on their ‘new’ IRA? Or does each person’s IRA go to their ...
by celia
Thu Sep 24, 2020 6:29 pm
Forum: Personal Consumer Issues
Topic: Bogleheads knows how many Echo devices I have
Replies: 66
Views: 3073

Re: Bogleheads knows how many Echo devices I have

This is very odd indeed. We don't have Alexa or any Echo devices, so we can't play. :( We don’t have Alexa or Echo either, but when I asked, I heard silence. It would have really freaked me out if I had heard a voice with the same response. :o The second time I asked, I heard myself saying ‘0’. Thi...
by celia
Thu Sep 24, 2020 3:37 pm
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 88
Views: 6693

Re: Buckets in Retirement

Curious how many active retirees on this site use the three bucket approach during retirement for short term cash needs, medium term and longer term growth? Would be interested in the Vanguard funds used in each of the three buckets I have no idea how you would balance buckets for short, medium, lo...
by celia
Thu Sep 24, 2020 3:23 pm
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 88
Views: 6693

Re: Buckets in Retirement

Congrats! A lot of us aspire to be you and try to stay on track through this forum! No, you don’t really want to be me, if you’ve read a lot of my posts :) . I’m trustee for family trusts and looking out on behalf of several relatives. I’m retired but busier with several things I can’t control than...
by celia
Thu Sep 24, 2020 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Quit Hated Job And Take 80% Pay Cut?
Replies: 57
Views: 6073

Re: Should I Quit Hated Job And Take 80% Pay Cut?

I think you should consider where you want to retire and if you will be able to afford to when the time comes. If you will retire in your current location, you are likely fine. But if you are a US citizen hoping to retire in the US, you probably won’t have enough nor be eligible for Social Security.
by celia
Thu Sep 24, 2020 2:41 pm
Forum: Personal Consumer Issues
Topic: Annual oil changes a must? Car maintenance during these times
Replies: 80
Views: 5445

Re: Annual oil changes a must? Car maintenance during these times

You’re supposed to change the oil in your car???
:oops:

I think I need new walking shoes...to go buy some oil. This will be a new experience for me. How much does a can cost?
by celia
Thu Sep 24, 2020 9:54 am
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 88
Views: 6693

Re: Buckets in Retirement

I’m a very active retiree that is busier than when working. I don’t use ‘buckets’ because our monthly income more than meets our needs . Are you worried about "our monthly income more than meets our needs"? I mean there might be missed opportunities if you don't spend the money. No financial proble...
by celia
Thu Sep 24, 2020 9:37 am
Forum: Investing - Theory, News & General
Topic: Stock Market Recent Sell Off Mystery
Replies: 67
Views: 6611

Re: Stock Market Recent Sell Off Mystery

There are millions more people out of work this year and small businesses are floundering. People need money to live, so some are drawing down their assets. They take the price they can get while the buyer gets a good deal.
by celia
Thu Sep 24, 2020 9:27 am
Forum: Personal Investments
Topic: Buckets in Retirement
Replies: 88
Views: 6693

Re: Buckets in Retirement

I’m a very active retiree that is busier than when working. I don’t use ‘buckets’ because our monthly income more than meets our needs.
by celia
Wed Sep 23, 2020 11:22 pm
Forum: Investing - Theory, News & General
Topic: What did your accounts look like in your 30's?
Replies: 69
Views: 4994

Re: What did your accounts look like in your 30's?

What accounts? LOL. :oops:

We had just bought a house to shelter a growing family.
by celia
Wed Sep 23, 2020 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion - Advice needed
Replies: 22
Views: 2320

Re: Roth Conversion - Advice needed

I am considering directing between $5k to 10k from the conversion to cover federal taxes. I understand that will reduce the amount actually going into the Roth but the comfort factor is important to me. I haven't worked out the numbers myself, but if you spend 10% of the conversion proceeds towards...
by celia
Wed Sep 23, 2020 9:50 pm
Forum: Personal Investments
Topic: Roth conversions in this market
Replies: 8
Views: 1023

Re: Roth conversions in this narket

Barb, If you want to take advantage of market volatility, then start planning how much you should convert each year. You seem to be a good candidate based on the fact that the majority of your portfolio is tax-deferred (according to your July posts). If the market drops 50%, that means you can conve...
by celia
Wed Sep 23, 2020 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Are you taking 2020 RMD anyhow?
Replies: 25
Views: 2079

Re: Are you taking 2020 RMD anyhow?

What I mean is there is no RMD for 2020. You could calculate what the RMD would have been if it hadn't been waved, and withdraw that precise amount. But it still isn't an RMD. Why would you withdraw to taxable (unless you needed the money for living expenses) when you could convert that amount inst...
by celia
Wed Sep 23, 2020 3:34 pm
Forum: Personal Investments
Topic: Roth IRA
Replies: 11
Views: 910

Re: ROTh IRA

I do. I have a Roth at another custodian that I consider as my play money. I win some and lose some. But if I get a big win, I want it tax-free.

...still waiting for a big win. :beer
by celia
Wed Sep 23, 2020 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: donating effectively to avoid fees?
Replies: 6
Views: 480

Re: donating effectively to avoid fees?

Using credit cards or bank withdrawal is incurring expenses for those companies so it is only fair that you pay a fee. Why don’t you write a check and spend $0.55 to mail it? And if you are over 70.5 and have an IRA that will require RMDs, that is a good place to withdraw a QCD. The custodian will h...
by celia
Wed Sep 23, 2020 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Finance to put 20% down on House
Replies: 21
Views: 3237

Re: Bad Finance to put 20% down on House

I look at it as how much more interest you will pay over the life of the loan. Even if interest is deductible on your taxes, it is still ‘wasted’ money you didn’t have to pay, IMO. That’s like saying I have a big medical expense. Look at how much that will save on my taxes. Woohoo! I would rather av...
by celia
Wed Sep 23, 2020 2:54 pm
Forum: Personal Consumer Issues
Topic: Pay Realtor Per Showing
Replies: 47
Views: 3146

Re: Pay Realtor Per Showing

My real estate agent made us a "portal" that had our big criteria in it - price range and location - and then we could look at the pictures and flag ones we thought were worth viewing. The first weekend, she took us to everything we flagged, but then she started weeding them out for us due to revis...
by celia
Tue Sep 22, 2020 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: How to cash an estate check when there is no estate?
Replies: 18
Views: 1509

Re: How to cash an estate check when there is no estate?

Please take care of this legally or the person who cleans up YOUR estate will have a bigger problem than you do! Same for the car, if you still have it. I'm in a similar situation for a relative who died. I inherited his checking account as the listed beneficiary which I emptied and then the account...
by celia
Tue Sep 22, 2020 8:19 pm
Forum: Personal Investments
Topic: Trying to figure out my estimated taxes for 2020 is driving me insane!
Replies: 21
Views: 2280

Re: Trying to figure out my estimated taxes for 2020 is driving me insane!

VartAndelay wrote: Mon Sep 21, 2020 7:01 pm Short term capital gains: $269k - $85k carryover = $184k
long term capital gains: $376k - $12k carryover = $364k
What do you mean by "carryover"?

Your gains are the (selling price - selling commissions) - (purchase price + purchase commission)
by celia
Tue Sep 22, 2020 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Credit score mystery
Replies: 26
Views: 2003

Re: Credit score mystery

You can always ask where they found that 760 credit score, but it seems like a waste of time. There's no one "more accurate estimate", since you can't know ahead of time which credit scoring system a lender will use. I have no problem asking which credit bureau they use, and they tell me. This is n...
by celia
Tue Sep 22, 2020 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Hospital bill for deceased parent...received 2 years later.
Replies: 67
Views: 7168

Re: Hospital bill for deceased parent...received 2 years later.

There's also the rare billing for procedures that didn't happen - discussions with billing are easier if, for example, it's a hospital bill listing a date of service after discharge. I learned that sometimes these are legit. I once was in the hospital for surgery on a broken leg. The in-house doc (...
by celia
Tue Sep 22, 2020 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Trust Beneficiary Modification
Replies: 48
Views: 1920

Re: Trust Beneficiary Modification

...My only concern would be if my dad passed away and then my mom started spending money irrationally (can't see it happening, but you never know). If your mom’s spending could become ‘free-er’ if the financial resources were there, what’s to stop her from spending it all? Or she could be taken adv...
by celia
Tue Sep 22, 2020 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Trust Beneficiary Modification
Replies: 48
Views: 1920

Re: Trust Beneficiary Modification

OP, If you or your sibling have kids (or plan to), you might want to include writing to guarantee that the share you are expecting to get after both of your parents die, goes to your kids instead of someone else, in the case you die before both of your parents. Since you are doing a favor for your d...
by celia
Mon Sep 21, 2020 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Ex-husband and survivors benefits
Replies: 15
Views: 1365

Re: Ex-husband and survivors benefits

Eagle33 wrote: Mon Sep 21, 2020 11:13 pm Stay out of the estate details, unless you for some reason are appointed executor.
Eagle33, How do you think OP would be appointed the executor unless ***she*** requests it? Courts don’t just declare someone an executor without the person saying they are willing and able to perform the duties.
by celia
Mon Sep 21, 2020 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Ex-husband and survivors benefits
Replies: 15
Views: 1365

Re: Ex-husband and survivors benefits

Contact the jurisdiction where he died.

If you don’t want his assets but had kids together, you could disclaim any assets so they go to the kids. In that case, you might re-consider being his executor, unless you fully trust the person who was listed as the back-up executor.
by celia
Mon Sep 21, 2020 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Beneficiary Modification
Replies: 48
Views: 1920

Re: Trust Beneficiary Modification

My grandma passed away a little over a year ago a left a trust to be split equally among her three kids, one of them being my dad. I’m lost. Since your grandmother died, her trust is now irrevocable and your father should have received his share. He can do anything he wants with it including puttin...
by celia
Mon Sep 21, 2020 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Hospital bill for deceased parent...received 2 years later.
Replies: 67
Views: 7168

Re: Hospital bill for deceased parent...received 2 years later.

For my insurance if the provider waits over a year to submit a bill to insurance they are out of luck. Insurance won't pay and I don't have to pay either (assuming in network). I don't think the second part of that sentence is accurate, your obligation to pay the medical provider is independent of ...
by celia
Mon Sep 21, 2020 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance (LTC)
Replies: 22
Views: 1853

Re: Long Term Care Insurance (LTC)

You can easily afford the "$95,518 lifetime maximum" benefit. Consider discontinuing the policy (especially if you are in good health). Put the premiums into additional savings. Taylor, I think it is irrelevant if OP can afford to pay out of pocket. I think paying $300 a year for $95K of coverage i...
by celia
Mon Sep 21, 2020 2:11 am
Forum: Personal Investments
Topic: Classifying Contributions from a Roth Rollover
Replies: 1
Views: 166

Re: Classifying Contributions from a Roth Rollover

I'm in my 20s and a few years ago I rolled a Roth 401k into my Roth IRA. I know that I can withdraw Roth IRA contributions at any time, but how are the Roth 401k contributions classified now that they are in my Roth IRA? When you rolled over the Roth 401k into your Roth IRA, the entire rollover amo...
by celia
Sun Sep 20, 2020 11:13 pm
Forum: Investing - Theory, News & General
Topic: Is anyone waiting until after the election?
Replies: 145
Views: 12906

Re: Is anyone waiting until after the election?

I have some new cash (about 6% of total portfolio) and I'm curious whether anyone else is waiting until after the US election in 45 days? Let me see if I can ask this without getting in trouble... The stock markets are open usually 5 days a week. What date(s) are you considering as "the US election...