Search found 3077 matches

by tomd37
Fri Nov 15, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Cash & Checkbook Register Reconciliation
Replies: 83
Views: 5129

Re: Cash & Checkbook Register Reconciliation

At age 82 and with one checking account at the same bank since 1961, I continue to reconcile my account each month. The main benefit for me is that I 'catch' a check that I issued (electronic or paper) and forgot to post to my check register. I carry a large balance in my checking account so that wo...
by tomd37
Wed Nov 13, 2019 8:09 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 136
Views: 27277

Re: Jack Bogle - Two Fund Portfolio

At age 82 with a 40/60 asset allocation and no real desire to own international funds, I see no real impact on my portfolio even if I did select a 20% allocation to international. 20% of 40% at this stage of life does not get my juices running again. I'm sticking with Total Stock and Total Bond Mark...
by tomd37
Sat Nov 09, 2019 7:18 pm
Forum: Personal Consumer Issues
Topic: Honda CRV, Accord, or Toyota RAV? UPDATE
Replies: 57
Views: 5091

Re: Honda CRV, Accord, or Toyota RAV? UPDATE

Mishka, As one of those older (age 82) people you mention, this past summer I purchased a 2019 Subaru Outback. My main concerns were the all-around visibility and the safety features offered by the Eye-Sight system. The April 2018 issue of Consumer Reports Magazine offered a special article on best ...
by tomd37
Wed Nov 06, 2019 10:37 am
Forum: Investing - Theory, News & General
Topic: [Where should I hold] Vanguard REIT Index Fund VGSLX
Replies: 3
Views: 530

Re: Vanguard REIT Index Fund VGSLX

Arctic -
So you are saying it is an acceptable investment in a Roth IRA. I know it is acceptable in a traditional IRA, but I don't have any intentions of investing it in a taxable account. Are there any other comments readers might have either way when considering the REIT fund investment?
by tomd37
Tue Nov 05, 2019 5:38 pm
Forum: Investing - Theory, News & General
Topic: [Where should I hold] Vanguard REIT Index Fund VGSLX
Replies: 3
Views: 530

[Where should I hold] Vanguard REIT Index Fund VGSLX

If I wanted to slightly overweight the stock side of my portfolio with VGSLX, would it be proper to hold it in my one Roth IRA account? I currently hold a fund in that Roth account that I would exchange for the REIT fund. If need be I could exchange with the same fund in the traditional IRA account....
by tomd37
Wed Oct 30, 2019 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Part D - thinking of shifting to Walmart
Replies: 34
Views: 3448

Re: Part D - thinking of shifting to Walmart

OP - I have been using a combination of Express-Scripts (retired military Tricare for Life) or my local Walmart pharmacy for many years now. I like the local Walmart if I need to get a prescription quickly and they honor the Express-Scripts rate. As mentioned in the Walmart pharmacist's post, I find...
by tomd37
Fri Oct 25, 2019 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Who does your tax returns?
Replies: 103
Views: 5182

Re: Who does your tax returns?

The OPs list of who does your tax return did not include one big source of tax preparation services; AARP Foundation Tax-Aide (Tax Counseling for the Elderly) who prepare well over 2,000,000 returns each year at no cost to the taxpayer. The IRS also sponsors a similar free program for low to moderat...
by tomd37
Thu Oct 24, 2019 8:54 pm
Forum: Personal Consumer Issues
Topic: Cost of my medicare drug plan is doubling
Replies: 24
Views: 2088

Re: Cost of my medicare drug plan is doubling

My retired military prescription plan costs (Tricare for Life) are also increasing for 2020, although they only increase every other year. We are very fortunate at our ages (mid-80s) to have very few prescribed medicines. :D

Generic - +43%
Brand Name Formulary - +21%
Non-Formulary - +13%
by tomd37
Thu Oct 24, 2019 1:07 pm
Forum: Investing - Theory, News & General
Topic: VG Mutual Fund Acct vs. VG Brokerage Acct
Replies: 13
Views: 1147

Re: VG Mutual Fund Acct vs. VG Brokerage Acct

Yes, I agree they are three separate accounts linked to my user id online. I think you have answered one on my questions when you said "they will only create new accounts that are brokerage accounts". But are there any customer disadvantages/advantages if I move on and establish a new individual tax...
by tomd37
Thu Oct 24, 2019 12:10 pm
Forum: Investing - Theory, News & General
Topic: VG Mutual Fund Acct vs. VG Brokerage Acct
Replies: 13
Views: 1147

VG Mutual Fund Acct vs. VG Brokerage Acct

I am considering establishing a new individual taxable investment account in my long-held Vanguard mutual fund account. The long-held account consists of a traditional IRA, a Roth IRA and a jointly held taxable investment account. When I called a VG rep this morning I was told that I would have to c...
by tomd37
Tue Oct 22, 2019 3:45 pm
Forum: Personal Consumer Issues
Topic: Subaru Legacy
Replies: 9
Views: 979

Re: Subaru Legacy

Cpadave, I have what I believe is referred to as the SUV version of the Subaru Legacy, that is the 2019 Subaru Outback in the Touring trim line with the 3.6R Boxer engine. In our early 80s we too don't drive much more than 5,000 per year on our cars. I looked at and drove both the 2019 2.5 and the 3...
by tomd37
Thu Oct 17, 2019 7:38 am
Forum: Personal Consumer Issues
Topic: Alternatives to Subaru Outback?
Replies: 84
Views: 8152

Re: Alternatives to Subaru Outback?

I too looked at the 2019 Hyuandai Santa Fe as a consideration for a new SUV. The two things that turned me off were the all-around visibility from the inside and the spare tire storage outside and under the cargo space. I could only image someone trying to change a tire after several years of exposu...
by tomd37
Sun Oct 13, 2019 10:08 pm
Forum: Investing - Theory, News & General
Topic: Intermediate bonds vs 50/50 ST/LT bonds in retirement portfolio
Replies: 14
Views: 1184

Re: Intermediate bonds vs 50/50 ST/LT bonds in retirement portfolio

"We have family who retired and changed the portfolio to Jack Bogle’s Two Fund Portfolio and are very happy. Total Stock and Total Bond. It works."

Agree with Abuss368's comment. At age 82 and no desire for international stock or bond funds, this is my perfect portfolio. :D
by tomd37
Sun Oct 13, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: Best and reasonably priced moving companies for cross country move
Replies: 18
Views: 1323

Re: Best and reasonably priced moving companies for cross country move

Want to bring this forward in view of another post here regarding moving companies.
by tomd37
Sat Oct 12, 2019 3:50 pm
Forum: Personal Consumer Issues
Topic: Washer/Dryer shopping: Best Buy cheaper than Costco
Replies: 20
Views: 1562

Re: Washer/Dryer shopping: Best Buy cheaper than Costco

My understanding is that Speed Queen did change its machine's washing procedure a couple of years ago, but found it was not accepted by the public and recently reverted back to the old washing procedures. It was acknowledged in a post on this forum to my understanding. I have one of the pre-change m...
by tomd37
Sat Oct 12, 2019 8:54 am
Forum: Personal Consumer Issues
Topic: Washer/Dryer shopping: Best Buy cheaper than Costco
Replies: 20
Views: 1562

Re: Washer/Dryer shopping: Best Buy cheaper than Costco

How does installation costs play into both suppliers? If an electric dryer, what about any special cord that might be needed and is it included in pricing for both suppliers? What about disposing of replaced units as it is sometimes hard to get them out of the home and disposed of? Just some thought...
by tomd37
Thu Oct 10, 2019 7:18 am
Forum: Personal Consumer Issues
Topic: Consumer Reports
Replies: 36
Views: 3420

Re: Consumer Reports

I subscribe to CR both paper and digital for the same reason I support the Red Cross: I think their mission is important and life would be tougher if no one did it. Except for infrequent cars and appliances, I don't actually use the product reviews very much. But I do page through the mag every mon...
by tomd37
Wed Oct 09, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: Help Me Decide on a New Vehicle?
Replies: 63
Views: 4879

Re: Help Me Decide on a New Vehicle?

Gianna,
Glad to see your last post. Now maybe people will stop their posts and let you do whatever you so desire. :annoyed
by tomd37
Wed Oct 09, 2019 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Received SSDI lump sum and want tp pay the taxes on it now
Replies: 12
Views: 1018

Re: Received SSDI lump sum and want tp pay the taxes on it now

RMD3819, I don't know what is going on with the system, but this is the third time I have written a response and attempted to send it. Now that you have provided additional information that this lump sum payment in 2019 covers three additional prior years (2016 thru 2018), my thinking currently is t...
by tomd37
Wed Oct 09, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Received SSDI lump sum and want tp pay the taxes on it now
Replies: 12
Views: 1018

Re: Received SSDI lump sum and want tp pay the taxes on it now

RMD3819
How many prior years is the lump sum payment applicable to? HueyLD is correct that you need to learn more about this matter via Pub 915. :dollar
by tomd37
Tue Oct 08, 2019 7:28 am
Forum: Personal Consumer Issues
Topic: Help Me Decide on a New Vehicle?
Replies: 63
Views: 4879

Re: Help Me Decide on a New Vehicle?

GiannaLuna - If you look at the annual April issues of Consumer Reports for auto comparisons, also look specifically at the April 2018 issue as it has a special article on the 25 Best Cars For Seniors. Back in July I purchased a 2019 Subaru Outback with the 3.6 liter engine in the "Touring" trim lin...
by tomd37
Tue Oct 01, 2019 1:31 pm
Forum: Personal Consumer Issues
Topic: 1950's blonde mahogany furniture
Replies: 16
Views: 1650

Re: 1950's blonde mahogany furniture

Gailwinters - My 84 year old wife had Heywood-Wakefield furniture back in the early 50's and we inherited it in the late 90's. Our daughter now has the suite and had it professionally refinished about four years ago and it turned out to be beautiful and is in use in their guest room. 5-drawer dresse...
by tomd37
Sun Sep 29, 2019 8:48 pm
Forum: Personal Consumer Issues
Topic: AA batteries (in a blood pressure monitor for example)
Replies: 39
Views: 2457

Re: AA batteries (in a blood pressure monitor for example)

Had not used my BP machine in more than a year and when I checked the batteries (dated 2013) they were corroded. Put new ones in and my blood pressure is pretty good for an old man. :D
by tomd37
Sun Sep 29, 2019 4:34 pm
Forum: Investing - Theory, News & General
Topic: "The Simple Magic of Investing in a Three-Fund Portfolio"
Replies: 22
Views: 3909

Re: "The Simple Magic of Investing in a Three-Fund Portfolio"

Taylor - Thanks for your comment. I should have mentioned those are the two funds I now use, but would like something easier for my wife if I happen to pass first. Surely my daughter or our Vanguard rep could assist her if needed in rebalancing at RMD time each year if needed. Regards,
by tomd37
Sun Sep 29, 2019 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Best Practices Federal and State Withholding in respect to SS, RMDs
Replies: 12
Views: 677

Re: Best Practices Federal and State Withholding in respect to SS, RMDs

I cannot address state withholding because my state does not have an "income" tax per se. I retired in 2002 at age 65 and have federal tax withheld from our Social Security benefits and my military pension. Those amounts/rates of withholding have never changed. Once I started my Vanguard RMDs eleven...
by tomd37
Sun Sep 29, 2019 2:58 pm
Forum: Investing - Theory, News & General
Topic: "The Simple Magic of Investing in a Three-Fund Portfolio"
Replies: 22
Views: 3909

Re: "The Simple Magic of Investing in a Three-Fund Portfolio"

With due respect for the 3-fund portfolio, I just wish Vanguard offered a 2-fund balanced index fund portfolio in a 40/60 ratio instead of the 60/40 ratio. At our average age of 83 the 60/40 ratio is too high in our minds. We have no desire for international stock funds (or international bond funds ...
by tomd37
Tue Sep 24, 2019 12:55 pm
Forum: Personal Consumer Issues
Topic: Inside dishwasher smells after cleaning dishes...
Replies: 24
Views: 1467

Re: Inside dishwasher smells after cleaning dishes...

sschoe2,
You might have a hard time getting a small bowel into the dishwasher unless you put it in a bowl. :wink:
by tomd37
Sun Sep 22, 2019 7:54 pm
Forum: Personal Investments
Topic: Retirement Portfolio
Replies: 6
Views: 1579

Re: Retirement Portfolio

Patrick12, I have no idea of the size of your portfolio based on what you posted and therefore do not have any idea as to how long it might last if you have to pay for LTC. However, I was looking into the long-term care policy just this past week that my wife and I purchased in 1999 and compared its...
by tomd37
Sun Sep 22, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Suburbs or more expensive home closer to city center to maximize job opportunities (Nashville/Charlotte)
Replies: 13
Views: 1622

Re: Suburbs or more expensive home closer to city center to maximize job opportunities (Nashville/Charlotte)

Have lived in Brentwood, just south of Nashville, since 1995 and commuted daily from 1995 to retirement in 2002. Commute back then was about 30 minutes for the 15 mile commute on an average day (no accidents). Now I would estimate it to be more like 45 minutes on a similar day and I am very thankful...
by tomd37
Thu Sep 19, 2019 6:47 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Subaru Outback?
Replies: 84
Views: 8152

Re: Alternatives to Subaru Outback?

Friar1610 The Buick Regal TourX never seemed to take off. They were featured by Buick in two succeeding annual car shows here in Nashville when they came out and I looked at them very closely each year as I was considering a new station wagon back then. I have yet to see one on the road anywhere. On...
by tomd37
Wed Sep 18, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 486
Views: 49985

Re: Selling home- Demanding Buyer (Repairs)

Once again I point out it sounds like we have two very inexperienced players here; the seller and his agent. This subject has been dragging on for much too long. :(
by tomd37
Tue Sep 17, 2019 8:41 pm
Forum: Personal Consumer Issues
Topic: Noise
Replies: 31
Views: 3114

Re: Noise

Tool-Time, Do you happen to live in an area that has a homeowners association and a set of conditions, covenants, and restrictions (CCRs)? The CCRs might contain a restriction on noise. Those restrictions can be enforced by an HOA if they so desire, including financial penalties. I have HOA board ex...
by tomd37
Tue Sep 17, 2019 7:23 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Subaru Outback?
Replies: 84
Views: 8152

Re: Alternatives to Subaru Outback?

Doom,
Understood and thank you for responding as you did. I hope all works out for you both.
by tomd37
Tue Sep 17, 2019 6:25 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Subaru Outback?
Replies: 84
Views: 8152

Re: Alternatives to Subaru Outback?

Maybe if the OP would tell us why he/they soured on the Outback we could be of more help. We and our daughter are both proud owners of the 2019 Subaru Outback in the Touring trim line. Where's the beef :?:
by tomd37
Tue Sep 17, 2019 4:07 pm
Forum: Personal Consumer Issues
Topic: 2019 Subaru Forester Vs. 2019 Rav 4
Replies: 58
Views: 9381

Re: 2019 Subaru Forester Vs. 2019 Rav 4

dbr, I agree with your statement re Forester vs. Outback. I agonized six months over a decision between a 2019 Forester and Outback in the Touring trim line. Test drove both and compared ratings, took Consumer Reports Article in the April 2018 issue concerning best cars for seniors (I am 82) into ac...
by tomd37
Mon Sep 16, 2019 8:38 am
Forum: Personal Consumer Issues
Topic: Having to consider replacing my car
Replies: 40
Views: 2332

Re: Having to consider replacing my car

From what I have seen on other posts here, pay very close attention to seat comfort in Honda products. A number of people have complained about their lack of comfort after an hour or two of driving.
by tomd37
Sun Sep 15, 2019 4:01 pm
Forum: Personal Investments
Topic: wisdom of moving a CD ladder
Replies: 5
Views: 848

Re: wisdom of moving a CD ladder

Brandy - Fourteen months ago I had a desire to establish a one-year CD ladder where I would have one CD maturing every month. I initially started at my credit union of 57 years (Navy Federal CU) and have my spouse as a joint owner. However, I found that I could get better CD rates at Synchrony Bank ...
by tomd37
Sun Sep 15, 2019 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 486
Views: 49985

Re: Selling home- Demanding Buyer (Repairs)

After reading this post with more than 38K views and 400+ replies over the past four months, I have reached a conclusion; we have two very inexperienced people involved here in the form of the seller and the agent who have no idea of how to effectively market and sell a home. :( I only hope this mat...
by tomd37
Thu Sep 12, 2019 7:16 pm
Forum: Personal Consumer Issues
Topic: Best Dog Car?
Replies: 70
Views: 4631

Re: Best Dog Car?

There have been comments about the Subaru Outback and Forester. While the Outback is longer and shorter, the Forester is shorter but higher. With large dogs you might consider the Forester if height is a consideration. Loading height would be about the same. Visibility is great out of both vehicles....
by tomd37
Wed Sep 11, 2019 4:03 pm
Forum: Personal Consumer Issues
Topic: Winter (snow) tires for Volvo XC-70
Replies: 26
Views: 1669

Re: Winter (snow) tires for Volvo XC-70

Guess that takes care of the move to Tennessee matter. Don't know anything about the Sox, but the Pats are not in favor here in the Nashville area. :wink: You would have to shift to a different shade of blue jersey. :beer
by tomd37
Wed Sep 11, 2019 12:57 pm
Forum: Personal Consumer Issues
Topic: How old is your cellphone?
Replies: 168
Views: 9526

Re: How old is your cellphone?

My flip-phone is at least 16 years old and I do not have any intentions to replace it with this new stuff out now. Still works fine and meets my needs. :wink:
by tomd37
Mon Sep 09, 2019 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Wedding Gift
Replies: 1
Views: 425

Wedding Gift

We would like to send a monetary gift to a couple in the United Kingdom. However, we are not sure what is the best way to do this. Can you all offer suggestions please.
by tomd37
Fri Sep 06, 2019 11:53 am
Forum: Personal Consumer Issues
Topic: My Homeowners Insurance Premium Went Down!
Replies: 16
Views: 1373

Re: My Homeowners Insurance Premium Went Down!

dm200, I notice you are in the Washington, DC area and am curious to know what you or the insurance system is using as a square foot cost to rebuild your home if it was destroyed by fire. I understand most of the current total value of the home is because of the land valuation, but I would be more c...
by tomd37
Thu Sep 05, 2019 11:19 am
Forum: Personal Consumer Issues
Topic: Winter (snow) tires for Volvo XC-70
Replies: 26
Views: 1669

Re: Winter (snow) tires for Volvo XC-70

Friar1610
Go south for the winter and your concerns will be alleviated! :wink:
by tomd37
Wed Sep 04, 2019 8:44 pm
Forum: Investing - Theory, News & General
Topic: 3 fund people how are you feeling?
Replies: 112
Views: 13382

Re: 3 fund people how are you feeling?

I have been involved with this forum, and its predecessor, for close to twenty years and read it daily. After reading this particular post, I must say that I am very happy with just two Vanguard funds; Total Stock Market and Total Bond Market. I believe Jack himself often stated you don't necessaril...
by tomd37
Wed Sep 04, 2019 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: No increase in LTC Insurance Premiums again this year
Replies: 16
Views: 1735

Re: No increase in LTC Insurance Premiums again this year

I think maybe why people who purchased LTC policies in the last ten years or so are not seeing increases like those who purchased prior to that time is that the older policies were so extremely underpriced that the insurance companies had no other alternative than to increase the premiums significan...
by tomd37
Wed Sep 04, 2019 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: No increase in LTC Insurance Premiums again this year
Replies: 16
Views: 1735

Re: No increase in LTC Insurance Premiums again this year

I have had LTC for both of us since 1997 and have seen several increases in those twenty-two years. I am keeping the coverage as originally purchased. One year's premium for the two of us equals what we would pay for one of us for one month going by the averages for my area. Approaching our mid 80s ...
by tomd37
Mon Sep 02, 2019 2:06 pm
Forum: Personal Consumer Issues
Topic: Subaru Outback issue
Replies: 38
Views: 3979

Re: Subaru Outback issue

htdrag11,
2020 Subaru Outback Touring trim has heated and ventilated front seats with Nappa leather :wink:
by tomd37
Sun Sep 01, 2019 9:47 pm
Forum: Personal Investments
Topic: Tax Withhodling on RMW (IRA)
Replies: 5
Views: 411

Re: Tax Withhodling on RMW (IRA)

PinotGris, I notice you are taking Required Minimum Distributions (RMDs). Therefore I ask the question as to whether or not your income is pretty much stable and from the same sources each year. For example, we are in our early to mid 80s and income each year is from basically the same sources; Soci...
by tomd37
Sat Aug 31, 2019 1:51 pm
Forum: Personal Investments
Topic: Later in life ROTH conversions - does it make sense???
Replies: 13
Views: 2060

Re: Later in life ROTH conversions - does it make sense???

This post has been a very interesting topic of discussion that made me look even deeper into our particular situation. We are in our early to mid 80s and I looked ahead to see where we might be tax-wise when one of us passes. The survivor definitely moves up to the now 24% bracket (who knows what it...