Search found 2849 matches

by tomd37
Wed Nov 14, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: 2019 Subaru Forester Vs. 2019 Rav 4
Replies: 21
Views: 2058

Re: 2019 Subaru Forester Vs. 2019 Rav 4

It is my understanding the start/stop function on Subaru vehicles can be turned off once the vehicle is started, but will revert back when the vehicle is turned off. Then it can be turned off again when restarted. I am in the market for a new vehicle and looking at the Subaru Outback with six cylind...
by tomd37
Mon Nov 05, 2018 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Son has job offer in Nashville, can he survive on base of 33K
Replies: 16
Views: 2466

Re: Son has job offer in Nashville, can he survive on base of 33K

I have lived in the metro Nashville area for the past 23 years. I think one-bedroom rentals are running $1,100 per month average right now so a roommate or two appears to be needed. Traffic has grown a lot worse in the past fifteen years and commuting can be a real challenge. Lots of activities for ...
by tomd37
Mon Nov 05, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: One Fund Portfolio
Replies: 8
Views: 1297

Re: One Fund Portfolio

Thanks for all the responses. For those that inquired, we are in the 22% marginal tax bracket.
by tomd37
Sun Nov 04, 2018 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: One Fund Portfolio
Replies: 8
Views: 1297

One Fund Portfolio

This post deals with my thinking about going to a one fund portfolio and in particular the Tax-Managed Balanced fund (VTMFX). In December 2016 I posted here about my concerns about my wife being able to handle our VG account if I were to pass first. We are now in our early 80s. Our portfolio is 95% ...
by tomd37
Sun Nov 04, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 92
Views: 19267

Re: Jack Bogle - Two Fund Portfolio

abuss368 - We are in our early 80s and have simplified our portfolio to those two funds over the years. At our age I have no interest in having any international stock allocation as part of our current 40/60 stock bond allocation. Twenty percent of forty percent is only eight percent and I don't see...
by tomd37
Sat Nov 03, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for EOY 2018 Taxes
Replies: 7
Views: 1238

Re: Preparing for EOY 2018 Taxes

Are you aware of the new tax law changes regarding standard deduction and exemption changes? Standard deduction for MFJ under age 65 is now $24,000. No personal or dependent exemptions starting in 2018. Also $10,000 limit for "SALT", state and local taxes (state income tax or sales tax for those sta...
by tomd37
Thu Nov 01, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: 2019 Subaru Outback 2.5 vs 3.6
Replies: 43
Views: 4707

Re: 2019 Subaru Outback 2.5 vs 3.6

Ponyboy - How many miles do you have on your 2006 Forester that required a timing belt replacement? Normally I would expect to replace a timing belt on a twelve year old car, unless the mileage was extremely low. On the other hand one might replace it at lower mileage due to possible drying out of t...
by tomd37
Wed Oct 31, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Tax refunds expected to be 26% more in 2019
Replies: 52
Views: 5689

Re: Tax refunds expected to be 26% more in 2019

As a volunteer in a free tax preparation and submission service I follow tax law a bit more closely than the average person. I have signed up for email posts from the IRS and it seems they send out a monthly post encouraging people to look at and recalculate their withholding status and indicate tha...
by tomd37
Wed Oct 31, 2018 7:54 am
Forum: Personal Consumer Issues
Topic: USPS - Informed delivery - complain on missing items?
Replies: 53
Views: 3243

Re: USPS - Informed delivery - complain on missing items?

Michaeljc70 - I have had similar issues with non-delivery or incorrect delivery. There is another subdivision backing up to our subdivision and the house numbers on the parallel street are identical in many cases. There have been cases where my mail was delivered there and their mail delivered to me...
by tomd37
Tue Oct 30, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: Tire rotation - low mileage car
Replies: 36
Views: 1917

Re: Tire rotation - low mileage car

I have to step in and ask about our particular situation. 2018 Lexus ES-350, purchased in February 2018 as a result of the totaling of wife's 2017 ES-350, only has 1,200 miles and will be about 1,600 when it hits the one-year mark and is due for oil change and tire rotation according to Lexus. Any c...
by tomd37
Sun Oct 28, 2018 9:04 pm
Forum: Personal Consumer Issues
Topic: Washing machine/dryer shopping
Replies: 38
Views: 2857

Re: Washing machine/dryer shopping

Based on current personal experience with Speed Queen washer and dryer, and based on fifty-one years of experience with top and front loading and agitator and non-agitator top loaders, I can vouch for Speed Queen. More expensive than some top loaders (and less than others) it is the best top loader ...
by tomd37
Sun Oct 28, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: Washing machine/dryer shopping
Replies: 38
Views: 2857

Re: Washing machine/dryer shopping

Catscadia - Side by side units or stacked units?
by tomd37
Sat Oct 20, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: Fairmark Forum (Tax Forum)
Replies: 19
Views: 1739

Re: Fairmark Forum (Tax Forum)

Sent a personal message to Kaye Thomas through his website and had a response from him indicating he had fixed the sign on issues. Looks like it is working again. Thanks very much Kaye!
by tomd37
Fri Oct 19, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: Fairmark Forum (Tax Forum)
Replies: 19
Views: 1739

Re: Fairmark Forum (Tax Forum)

Sent Kaye an email.
by tomd37
Fri Oct 19, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: Fairmark Forum (Tax Forum)
Replies: 19
Views: 1739

Re: Fairmark Forum (Tax Forum)

Electron - As you were posting I was attempting to register again using a different user name but using my current and only email address. Fairmark's system replied I was not allowed to register because someone else was using my email address, which is not possible. Kaye has a mess on his hands and ...
by tomd37
Fri Oct 19, 2018 12:10 pm
Forum: Personal Consumer Issues
Topic: Fairmark Forum (Tax Forum)
Replies: 19
Views: 1739

Re: Fairmark Forum (Tax Forum)

Kaneohe - I just attempted to register with the link you provided. I entered my former user name and my current email address and two errors came up:
user name already registered
email address already registered
by tomd37
Fri Oct 19, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: Fairmark Forum (Tax Forum)
Replies: 19
Views: 1739

Re: Fairmark Forum (Tax Forum)

Apparently you cannot use your former user name to re-register. That's horrible and find it hard to believe. I would like my former user name and then be able to change my password to a new one. If anyone has luck re-registering please post here how you accomplished it. Thanks.
by tomd37
Wed Oct 17, 2018 4:46 pm
Forum: Personal Consumer Issues
Topic: Denied credit card with great credit
Replies: 17
Views: 1784

Re: Denied credit card with great credit

Great credit score in your mind. But lots of potential for negatives in the mind of the credit card company. And you see who won! But maybe there are other fish in the ocean you can go for.
by tomd37
Fri Oct 12, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Is $4000 Tuition Deduction still available for 2018 tax year?
Replies: 12
Views: 1313

Re: Is $4000 Tuition Deduction still available for 2018 tax year?

A deduction reduces your AGI and therefore taxable income. A tax credit reduces your tax dollar for dollar and is more valuable in most, but not all cases.
by tomd37
Fri Oct 12, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: How are RMD's handled if you have more than one IRA account?
Replies: 3
Views: 542

Re: How are RMD's handled if you have more than one IRA account?

Not the question asked, but just for additional info to readers, don't forget that RMDs from a 401k or similar program are calculated and must be disbursed separately from traditional IRAs.
by tomd37
Wed Oct 03, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: CD strategy
Replies: 15
Views: 2046

Re: CD strategy

I have personal reasons for maintaining a larger than normal "cash" allocation over and above my normal 40/60 asset allocation deep into retirement. I am in the process of establishing a monthly CD on a one-year basis so that I have easy access to the amount monthly should it be needed. If not I'll ...
by tomd37
Thu Sep 27, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: 2018 Ford Edge
Replies: 31
Views: 2397

Re: 2018 Ford Edge

I am in the market for a new SUV and considered the Ford Edge based on comments of a friend who purchased a 2017 Edge V-6 AWD in the top trim line (name unknown). I am very concerned in the all-around visibility in today's SUVs and I pay particular attention to all the pillars from front to back (A,...
by tomd37
Sat Sep 22, 2018 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Pay taxes on EE bonds now or later?
Replies: 11
Views: 1100

Re: Pay taxes on EE bonds now or later?

In my opinion the owner should look closely at his particular tax situation. The interest must be reported in the year of maturity even though he may not cash them in. What impact might that have on his taxes in the year of maturity compared to start reporting the interest in prior years and continu...
by tomd37
Sat Sep 15, 2018 7:19 pm
Forum: Investing - Theory, News & General
Topic: Synchrony Bank Issues
Replies: 15
Views: 1796

Re: Synchrony Bank Issues

Kevin - Using Synchrony I have pulled more than $5K at a time from NFCU so that remains a viable option. Why I cannot push from NFCU I don't understand. Thanks for your comments. Your 'Pork Chop' friends will take good care of you 'fly boys'. Had two older brothers as pilots; USAF and USMC. I initia...
by tomd37
Sat Sep 15, 2018 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Documentation for IRS
Replies: 7
Views: 515

Re: Documentation for IRS

Sounds to me that you have covered all your bases. What you did not indicate is what your actual tax return shows on the applicable 1040 line number. Were there any other entries for that line number? Still sounds like you are correct though.
by tomd37
Sat Sep 15, 2018 12:59 pm
Forum: Investing - Theory, News & General
Topic: Synchrony Bank Issues
Replies: 15
Views: 1796

Re: Synchrony Bank Issues

Kevin - What I am not enamored with is NFCU's limit of $5K per day per ACH. :annoyed Heck, investment companies send large amounts of distributions each day to their clients via ACH, even my RMD each year goes via ACH to NFCU and it is much more than $5K
by tomd37
Sat Sep 15, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Synchrony Bank Issues
Replies: 15
Views: 1796

Synchrony Bank Issues

I have been banking at the Navy Federal Credit Union (NFCU) since 1961. I recently saw advertisements for Synchrony Bank high yield savings (HYS) account and CDs. Their HYS account has an APY of 1.85% which is 1.40% higher than my NFCU Flagship checking account so I opened the account at Synchrony. ...
by tomd37
Fri Sep 14, 2018 2:37 pm
Forum: Personal Consumer Issues
Topic: Subaru Forester - ready to buy
Replies: 43
Views: 4375

Re: Subaru Forester - ready to buy

I look forward to a reply to theplayer11 question just above as I have the same question and am interested in the new Outback.
by tomd37
Thu Sep 13, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversions when we will be in 22% bracket for indefinite future
Replies: 16
Views: 1876

Re: Roth conversions when we will be in 22% bracket for indefinite future

retiredjg - The current limit is $170K Modified AGI. At age 81 I am looking ahead to see what the tax rate for either of us might be when filing single as a result of the death of one of us. I am considering a Roth conversion up to Modified AGI of $170K. Combined with previous (years ago) conversion...
by tomd37
Wed Sep 12, 2018 11:55 am
Forum: Personal Consumer Issues
Topic: Utility usage way up
Replies: 45
Views: 2711

Re: Utility usage way up

psteinx - I think you are confusing me with the original poster. I was just giving an example of our monthly billing to the original poster.
by tomd37
Wed Sep 12, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: Utility usage way up
Replies: 45
Views: 2711

Re: Utility usage way up

Jehova - I pulled out my last bill from my electric company. There is a section on it where they show me the detailed usage by month. It shows a graph showing kWh usage for the past thirteen months for comparisons. There is another section that shows more detail for this month, last month, and last ...
by tomd37
Tue Sep 11, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: RMD will turn 70 in Nov. 2018
Replies: 22
Views: 1810

Re: RMD will turn 70 in Nov. 2018

Dewey - Looking at a calendar for 2019 you have only two days on which you could complete a QCD for 2019; Monday and Tuesday, December 30th and 31st. I believe It could be done with close coordination with your investment company and I speak from experience with my investment company (Vanguard).
by tomd37
Tue Sep 11, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: RMD will turn 70 in Nov. 2018
Replies: 22
Views: 1810

Re: RMD will turn 70 in Nov. 2018

SeaShelleys - Just remember that if you delay the first RMD until the second year you will have two distributions to report on your tax return for the second year. That could result, dependent on your particular financial situation, in more of your Social Security being taxable than normally would b...
by tomd37
Sun Sep 09, 2018 7:38 am
Forum: Personal Consumer Issues
Topic: What performance to expect from central AC?
Replies: 35
Views: 2414

Re: What performance to expect from central AC?

Yosh - I cannot find it now, but I just recently read a post on this site where a new hvac unit was installed and was not running properly. After many tests, and including getting another company to check things out, it was determined that the newly installed unit was over-charged with refrigerant. ...
by tomd37
Sat Sep 08, 2018 10:02 pm
Forum: Personal Consumer Issues
Topic: Older Toyota/Honda/Similar owners: How often do you clean your car?
Replies: 36
Views: 2218

Re: Older Toyota/Honda/Similar owners: How often do you clean your car?

2010 Toyota Venza 4-cylinder getting ready to turn 40K miles this month. This 80- year-old has never taken this car to any type of car wash. Only one time has my repair shop washed it, otherwise I do it myself.
by tomd37
Thu Aug 30, 2018 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: QCDs from RMD - 1099R [Qualified Charitable Distributions]
Replies: 44
Views: 1861

Re: QCDs from RMD - 1099R [Qualified Charitable Distributions]

I have used the same method as jdb mentioned for the past ten years with my Flagship rep and they have all mentioned how easy it is for them when I email the list the day before our scheduled call.
by tomd37
Thu Aug 30, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: I.R.S. form 5498 - IRA Contribution Information
Replies: 5
Views: 613

Re: I.R.S. form 5498 - IRA Contribution Information

You never know when you might need the Form 5498 so I would recommend you keep each one. When our son passed away those forms came in very handy for our daughter, who inherited his Roth IRAs, to prove when the IRAs were funded. I am sure there are other reasons to keep them also.
by tomd37
Thu Aug 30, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: QCDs from RMD - 1099R [Qualified Charitable Distributions]
Replies: 44
Views: 1861

Re: QCDs from RMD - 1099R [Qualified Charitable Distributions]

I agree with both jdb and Kaneohe. The investment companies have no positive knowledge nor the responsibility to determine if the payee is a qualified charitable organization. I've personally been doing QCDs for the past ten years (in those years it was available) and reporting the 1099-R info corre...
by tomd37
Wed Aug 29, 2018 10:29 am
Forum: Personal Finance (Not Investing)
Topic: EINs when filing separately
Replies: 5
Views: 483

Re: EINs when filing separately

MJR84,
Are you going to lose any married filing jointly tax benefits when and if you file with married filing separately status? IRS Publication 17, page 22 contains special rules that apply to MFS filing status if you are not already familiar with this filing status.
by tomd37
Mon Aug 27, 2018 8:17 pm
Forum: Personal Consumer Issues
Topic: How often do you change your HVAC filters?
Replies: 57
Views: 3226

Re: How often do you change your HVAC filters?

Kenkat & LMBFlorida,
Are you referring to 4-inch or 1-inch 3M filters? OP is referring to 4-inch filters.
by tomd37
Sun Aug 26, 2018 1:26 pm
Forum: Personal Consumer Issues
Topic: Former Kaspersky user, PCMATIC?? or what as a replacement?
Replies: 23
Views: 1487

Re: Former Kaspersky user, PCMATIC?? or what as a replacement?

I am a Comcast user. If I choose to use their Norton should I or do I have to remove other systems such as free Avast and Malwarebytes?
by tomd37
Tue Aug 21, 2018 10:52 am
Forum: Investing - Help with Personal Investments
Topic: VG PAS Recommendations - Surprised/Disappointed?
Replies: 27
Views: 2905

Re: VG PAS Recommendations - Surprised/Disappointed?

BigJohn - I get the overall impression that VG PAS is just making a too complicated recommendation. We are in our early 80's and I feel "we have won the game" in our 40/60 stock/bond asset allocation. If I went to the three-fund allocation with 20% of the stock side being international, that is only...
by tomd37
Sun Aug 19, 2018 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: Timing your withdrawals
Replies: 40
Views: 3835

Re: Retirees: Timing your withdrawals

We have been doing RMDs for thirteen years now. With SS and military pension covering two-thirds of our budget needs, we wait until August, then take our QCDs first and after they are received and mailed to the charities we take our remaining RMDs for the year. Prior to the final RMD I review our fe...
by tomd37
Sun Aug 19, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: [Thinking about a two-fund portfolio]
Replies: 5
Views: 671

Re: The Three-Fund Portfolio

Thank you for the reply Taylor. Maybe one of the moderators will move it to that forum.
by tomd37
Sun Aug 19, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: [Thinking about a two-fund portfolio]
Replies: 5
Views: 671

[Thinking about a two-fund portfolio]

Moved into a stand-alone thread from: The Three-Fund Portfolio --admin LadyGeek] Question for Taylor et al regarding international investing. Based on a ratio of 20% of equity allocation to the Total International Stock Index Fund (VTIAX), does it really have much of an impact if your total allocat...
by tomd37
Sun Aug 19, 2018 9:48 am
Forum: Personal Consumer Issues
Topic: The Fall of Consumer Reports
Replies: 89
Views: 15197

Re: The Fall of Consumer Reports

I have had a continuous subscription to the CR print edition since the January 1965 issue. I also now subscribe to the online version for ease of access to information in older issues. While I don't like the current format implemented a couple of years ago, I still find the publication very useful. ...
by tomd37
Sun Aug 12, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Comfortably Retired and charity giving?
Replies: 25
Views: 2184

Re: Comfortably Retired and charity giving?

I address these comments to those of us taking RMDs, who are over age 70.5, and have a desire to make charitable contributions whether small or large. Consider the tax benefits under the new federal tax laws that are in effect for tax year 2018. Many of us at this age no longer itemize deductions an...
by tomd37
Mon Aug 06, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Any Experience? - Vanguard Customer Service When Transferring Accounts from Large Brokerage Firm
Replies: 19
Views: 1158

Re: Any Experience? - Vanguard Customer Service When Transferring Accounts from Large Brokerage Firm

How does the role Northwestern Mutual come into play here? While Vanguard will "pull" the funds, Northwestern Mutual has to process that request and I would think their action (or inaction) could delay an otherwise quick transfer. Some people might think Vanguard was at fault if there is a delay.
by tomd37
Fri Aug 03, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Charitable giving strategy
Replies: 43
Views: 2431

Re: Charitable giving strategy

We have been making charitable contributions for many years, but for the past ten years we have been making those contributions through the QCD process in those years it was available under IRS rules. Now the QCD process has been made permanent under tax law. We contribute to nine different organiza...