Search found 992 matches

by cadreamer2015
Thu Sep 17, 2020 1:19 pm
Forum: Personal Investments
Topic: Received Inheritance After Retirement
Replies: 10
Views: 1483

Re: Received Inheritance After Retirement

My understanding is that you can only contribute to retirement accounts like IRAs, 401ks etc. if you have employment income. Money is fungible, of course, so it might make sense for your wife to maximize her retirement contributions while she is still working, as long as you are comfortable with mon...
by cadreamer2015
Wed Sep 16, 2020 2:18 pm
Forum: Personal Consumer Issues
Topic: what do others pay for umbrella insurance, and is it needed?
Replies: 58
Views: 4458

Re: what do others pay for umbrella insurance, and is it needed?

We have a $2 million umbrella policy through RLI. Costs $473 per year. Happy to have it.
by cadreamer2015
Sat Sep 12, 2020 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deductions for (temporarily?) discontinued sole proprietorship activity
Replies: 10
Views: 499

Re: Tax deductions for (temporarily?) discontinued sole proprietorship activity

On deducting Medicare Part B and Medigap premia against my business income, I give the info to TurboTax and that’s what it does. I assume (hope) that this is correct. I’ve been doing it since 2015 without any objection from the IRS or FTB.
by cadreamer2015
Sat Sep 12, 2020 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deductions for (temporarily?) discontinued sole proprietorship activity
Replies: 10
Views: 499

Re: Tax deductions for (temporarily?) discontinued sole proprietorship activity

To answer questions and hopefully get further clarification: If you aren't operating the activity for profit, it's not a business expense. - I will be operating the business with the intention of making a profit, but my revenues will be down about 98.5% and will be less than my insurance premia. My ...
by cadreamer2015
Sat Sep 12, 2020 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deductions for (temporarily?) discontinued sole proprietorship activity
Replies: 10
Views: 499

Tax deductions for (temporarily?) discontinued sole proprietorship activity

A tax question for the BH hive mind. I've been operating a sole proprietorship business for the past 5 years. I will be transitioning to be a W2 employee for this activity starting October 1. It has certainly been handy to be able to deduct the medical and long-term care insurance premia against my ...
by cadreamer2015
Tue Sep 08, 2020 1:34 pm
Forum: Personal Investments
Topic: Vanguards brokerage account number
Replies: 17
Views: 698

Re: Vanguards brokerage account number

When I go to my account online I can select Balances and holdings. In the display there is a column headed "Fund & Account." In that column the fund number comes first e.g. 0033 for the Federal Money Market Fund. The second number (after the dash) is the account number.
by cadreamer2015
Tue Sep 01, 2020 9:07 am
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 246
Views: 14623

Re: What is your age and asset allocation ?

68 years old

52% equities (of which 30% international)
43% fixed income
5% cash equivalents
by cadreamer2015
Mon Aug 31, 2020 2:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard seems to have web online sign on problem
Replies: 145
Views: 6249

Re: Vanguard seems to have web online sign on problem

I have not had any problems as of 3:12 pm EDT.
by cadreamer2015
Sat Aug 22, 2020 5:08 pm
Forum: Personal Consumer Issues
Topic: charging an EV
Replies: 250
Views: 14236

Re: charging an EV

Or buy a Plug-in Hybrid.
by cadreamer2015
Sat Aug 22, 2020 5:06 pm
Forum: Personal Consumer Issues
Topic: Is it worth to relocate for retirement?
Replies: 139
Views: 12558

Re: Is it worth to relocate for retirement?

That seems to be the wrong priority. Figure out where you want to live (i.e. where you'll be happy-er -est) then figure out if you can afford it. If yes, done. If no, look into downsizing, reducing expenses, working longer, or the next place on the list where you'd want to live. +1 There is more to...
by cadreamer2015
Sun Aug 16, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Reimbursed Mileage IRS / Issue
Replies: 21
Views: 747

Re: Reimbursed Mileage IRS / Issue

As just posted above, get your employer to pay for courier service from your home to the government office where paperwork needs to be turned in. Maybe after they do that a few times they’d be willing to pay for your mileage.
by cadreamer2015
Sat Aug 15, 2020 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Nobody home at BofA?
Replies: 27
Views: 2151

Re: Nobody home at BofA?

My BofA branch where we have our safe deposit box is currently closed. I got an email saying that if I need to access my safe deposit box I would have to make an appointment at least one day in advance. Fortunately I very rarely have to get into the safe deposit box, but this probably indicates that...
by cadreamer2015
Thu Aug 13, 2020 5:09 pm
Forum: Personal Investments
Topic: Has anyone gotten an email from their Vanguard Flagship Relationship Manager to set up a phone call?
Replies: 10
Views: 1671

Re: Has anyone gotten an email from their Vanguard Flagship Relationship Manager to set up a phone call?

So I had the call with the Vanguard Flagship person. Nothing objectionable but nothing particularly helpful either. I did confirm that the one time CFP review has been eliminated, though I didn't find those all that helpful in the past. They did not push me to either put my assets into PAS or conver...
by cadreamer2015
Sun Aug 09, 2020 12:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Personal Advisor Service vs Rick Ferri
Replies: 17
Views: 2387

Re: Vanguard Personal Advisor Service vs Rick Ferri

I manage our investments on my own without PAS or any other investment manager. I used Rick's second opinion service and was pretty happy. He involved my DW in our discussions (which was one objective). I didn't end up making major changes in our portfolio, but then again we've got a pretty Boglehea...
by cadreamer2015
Fri Aug 07, 2020 11:55 am
Forum: Personal Investments
Topic: Has anyone gotten an email from their Vanguard Flagship Relationship Manager to set up a phone call?
Replies: 10
Views: 1671

Has anyone gotten an email from their Vanguard Flagship Relationship Manager to set up a phone call?

I recently got an email from my Vanguard Flagship Relationship Manager wanting to set up a phone call to "touch base with our clients to ensure all of their investing needs are being met." Anyone get one of these emails recently or had one of the phone calls? If you had a call, was it interesting an...
by cadreamer2015
Thu Jul 30, 2020 1:44 pm
Forum: Personal Consumer Issues
Topic: Toyota RAV4 Gas vs Hybrid?
Replies: 64
Views: 3349

Re: Toyota RAV4 Gas vs Hybrid?

I'm looking at the RAV4 Prime, but will wait until next year at the earliest. I've heard of dealers asking for and getting $5,000 over MSRP or more. They are only shipping 5,000 units to the entire US this year. Maybe 20,000 units in 2021.
by cadreamer2015
Mon Jul 20, 2020 5:28 pm
Forum: Personal Investments
Topic: Why make a written financial plan?
Replies: 39
Views: 2460

Re: Why make a written financial plan?

I would distinguish between a written financial plan and an Investment Policy Statement (often referred to here as an IPS). A written financial plan could be very detailed and indeed include many pages. Our Investment Policy Statement fits comfortably on one page. I found the process of writing down...
by cadreamer2015
Thu Jul 16, 2020 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: IRS delay in processing 2019 paper returns * updated *
Replies: 15
Views: 1900

Re: IRS delay in processing 2019 paper returns

Just an update for those interested: Social Security now shows my 2019 earnings, so I guess the IRS has gotten around to processing my return mailed in to them in February.
by cadreamer2015
Wed Jul 15, 2020 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: 2019 California income tax - paper return
Replies: 12
Views: 835

Re: 2020 California income tax - paper return

I mailed my paper 540 return to the Franchise Tax Board on February 26 and my check cleared my bank on March 5. But this may not be much help for you, as it happened before the COVID pandemic blew up.
by cadreamer2015
Mon Jul 13, 2020 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Which College degrees are worthwhile?
Replies: 248
Views: 16632

Re: Which College degrees are worthwhile?

Plumbing or any other skilled trade we won't be outsourcing to India and/or China.
by cadreamer2015
Mon Jun 22, 2020 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: IRS delay in processing 2019 paper returns * updated *
Replies: 15
Views: 1900

Re: IRS delay in processing 2019 paper returns

could also be a good hint not to use paper return in the future (much less secure, much more likely to be error prone ,etc). I have almost always filed electronically in recent years. But I got a form from the charity where I set up a Charitable Gift Annuity calculating the tax deduction I could cl...
by cadreamer2015
Mon Jun 22, 2020 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Covid-19 Liability Waiver Agreement
Replies: 15
Views: 1391

Re: Covid-19 Liability Waiver Agreement

Our local YMCA is reopening soon and has sent out a similar COVID-19 Liability Waiver. I'm not sure what to do about it. I think this will be more and more common for all sorts of businesses.
by cadreamer2015
Mon Jun 22, 2020 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: IRS delay in processing 2019 paper returns * updated *
Replies: 15
Views: 1900

IRS delay in processing 2019 paper returns * updated *

I mailed in our 2019 federal tax return in late February, 2020. (I had to include a form that said it could only be filed with a paper return). We owed $220 and the U.S. Treasury cashed the check on March 2, so I presume that means the IRS got our return. Today I checked my earnings record on the So...
by cadreamer2015
Fri Jun 19, 2020 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Car Insurance for 21 year old male - full or liability coverage
Replies: 12
Views: 668

Re: Car Insurance for 21 year old male - full or liability coverage

As a general principal I believe most Bogleheads think you should insure things that would be a significant financial hardship if they happen. Things like (term) life insurance for individuals who have dependents who depend on their income, home insurance (in case your home burns down), etc. Would i...
by cadreamer2015
Wed Jun 10, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: CPI and the Perfect Storm for Seniors
Replies: 12
Views: 915

Re: CPI and the Perfect Storm for Seniors

Here's what the Bureau of Labor Statistics said about the CPI report today: CONSUMER PRICE INDEX – MAY 2020 The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in May on a seasonally adjusted basis after falling 0.8 percent in April, the U.S. Bureau of Labor Statistics repo...
by cadreamer2015
Tue Jun 02, 2020 12:32 pm
Forum: Personal Consumer Issues
Topic: Looking for some information on Italy trip
Replies: 24
Views: 1342

Re: Looking for some information on Italy trip

A couple of thoughts: One day is not really enough to see much of Rome. If it were me I'd either spend a couple of days there or skip Rome entirely and save it for another trip. Tuscany is great. I found Florence very crowded and touristy, but of course it has lots to see. We enjoyed staying in Sien...
by cadreamer2015
Sat May 23, 2020 10:42 am
Forum: Personal Consumer Issues
Topic: Cheap way to ship a few boxes?
Replies: 14
Views: 992

Re: Cheap way to ship a few boxes?

If some of those boxes will be mostly books, consolidate all the books into separate boxes and send them media mail via USPS.

Back in the very old days I shipped some things via Greyhound. I'm not sure I'd want anything I want to keep shipped via Greyhound these days, or even if they still do that.
by cadreamer2015
Wed May 13, 2020 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Social Security check late?
Replies: 4
Views: 377

Re: Social Security check late?

Is this a physical check you are looking for or a direct deposit? Social security benefits are typically paid on the second, third or fourth Wednesday of every month, depending on where in the month the beneficiary’s birth date falls. It sounds like you have been getting benefits on the second Wedne...
by cadreamer2015
Wed Apr 29, 2020 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Will / Trust Question- Home Sale Issue. I need help.
Replies: 31
Views: 1383

Re: Will / Trust Question- Home Sale Issue. I need help.

Who is the trustee? That person needs to follow the directions in the trust. And the trust is also dependent on the laws of the state your grandmother lived in. All beneficiaries are entitled to a copy of the trust and should read it thoroughly and write down any questions they have about what ever...
by cadreamer2015
Fri Apr 17, 2020 12:07 am
Forum: Personal Finance (Not Investing)
Topic: PPP - wellsfargo [can't process application]
Replies: 3
Views: 507

Re: PPP - wellsfargo [can't process application]

News reports say that the PPP program has run out of money, unless Congress appropriates more. [Comment removed - mod oldcomputerguy]
by cadreamer2015
Tue Apr 14, 2020 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: How many paid for kids' college?
Replies: 282
Views: 14297

Re: How many paid for kids' college?

My parents paid for my college education back when it might have cost $4000 per year. We paid for our kids’ undergraduate educations at private liberal arts colleges, with very limited scholarships. The kids were on their own for grad school. One has a MA, one a PhD and the third will be gettin an M...
by cadreamer2015
Mon Mar 16, 2020 12:11 pm
Forum: Personal Investments
Topic: Take money out of the bank?
Replies: 66
Views: 5859

Re: Take money out of the bank?

I don't get the need to have $1000 cash at home. I didn't say there was a need to have $1000 in currency at home. I said it wouldn't be unwise to have several hundred or perhaps even $1,000 at home. I myself have only about $100 (though I might want to get a little more currency). I have lived in c...
by cadreamer2015
Sun Mar 15, 2020 8:59 pm
Forum: Personal Investments
Topic: Take money out of the bank?
Replies: 66
Views: 5859

Re: Take money out of the bank?

I think it wouldn't be unwise to have several hundred or maybe $1,000 in cash at home. We have about $120 in cash at home and I don't feel very worried. Maybe I should have a couple of hundred more, but I don't see any circumstance where I'd want to have $50,000 in currency at home, or anywhere clos...
by cadreamer2015
Sat Mar 14, 2020 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: PV (solar electricity) results after 1st year
Replies: 2
Views: 378

PV (solar electricity) results after 1st year

We got our first "true-up" bill from San Diego Gas & Electric (SDG&E). We purchased a net 487 KWh on peak, generated a net 1,286 KWh off peak, and generated a net 27 KWh super off peak, for a total net generation in the first year of 826 KWh. SDG&E gave us a credit of $0.032 per KWh of net generatio...
by cadreamer2015
Fri Mar 13, 2020 1:49 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing into stocks when they fall is unrealistic
Replies: 126
Views: 10781

Re: Rebalancing into stocks when they fall is unrealistic

The common advice to decide on a stock/bond allocation and to rebalance to it periodically is unrealistic. It may be unrealistic for you. Or perhaps your Asset Allocation has too much equity for your true risk capacity. It is not unrealistic for many, as others have already replied. I also rebalanc...
by cadreamer2015
Thu Mar 12, 2020 5:40 pm
Forum: Personal Investments
Topic: Do I follow my IPS?
Replies: 17
Views: 935

Re: Do I follow my IPS?

Update: I didn’t do anything yesterday when my AA went below 49% equities. With today’s big drop I placed an order to move about 3% of our retirement portfolio from bonds to stocks, which should bring the AA up to 50%. Still below the 54% equities in my IPS but I feel good about this Dollar Cost Ave...
by cadreamer2015
Wed Mar 11, 2020 2:42 pm
Forum: Personal Investments
Topic: Do I follow my IPS?
Replies: 17
Views: 935

Do I follow my IPS?

My IPS says I should consider rebalancing if my asset allocation drifts more than 5% from my targets. I will hit that point today. I am tempted to revise my target equity allocation lower, but realize that I shouldn't do that just because of a large drop in asset prices. My IPS doesn't say I have to...
by cadreamer2015
Thu Mar 05, 2020 6:42 pm
Forum: Personal Consumer Issues
Topic: Car Rental Prices Skyrocketing
Replies: 10
Views: 1864

Re: Car Rental Prices Skyrocketing

I had made a Costco Rental Car reservation for a week in Honolulu about a month and a half ago: $280. I went online yesterday to see if I could get a better rate and yep, now the price (different rental car company) was $235.
by cadreamer2015
Thu Mar 05, 2020 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Installing solar - worth it?
Replies: 70
Views: 4194

Re: Installing solar - worth it?

We are new to San Diego. Before solar, was the electric portion of your SDGE bill close to the same year-round or were there much fluctuations depending on winter/summer? We only have 2 full electric bills, both during the super cold winter months. Which company did you go with and were they helpfu...
by cadreamer2015
Thu Mar 05, 2020 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Installing solar - worth it?
Replies: 70
Views: 4194

Re: Installing solar - worth it?

We've had our PV rooftop solar system for almost a year. As other's have said, the economic calculation is all local. Here in San Diego (SDG&E) we have very high electricity rates and lots of sun :D . As in almost any calculation your assumptions are important. In my economic decision analysis I loo...
by cadreamer2015
Mon Mar 02, 2020 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Quarterly Tax Payments - are the really required?
Replies: 22
Views: 2617

Re: Quarterly Tax Payments - are the really required?

You are required to make timely payments of your income tax obligation to avoid an underpayment penalty. You can make those timely payments by having withholding from W-2 income, from retirement plan withdrawals, social security payments, annuity payments etc. You can also make those timely payments...
by cadreamer2015
Sat Feb 29, 2020 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone ever put down an extremely large down payment on a house?
Replies: 12
Views: 1397

Re: Has anyone ever put down an extremely large down payment on a house?

We put more than $500k down on our $866k home purchase. I'm not sure how this information helps you, though.
by cadreamer2015
Wed Feb 19, 2020 9:59 am
Forum: Personal Finance (Not Investing)
Topic: New phone contact number for Vanguard
Replies: 2
Views: 658

New phone contact number for Vanguard

When I logged on to Vanguard this morning I got the following pop-up message: How to get the service you need Have you called us lately? Then you've probably noticed the changes we've made to serve you better. If you haven't called recently, here's some important information you need to know. You sh...
by cadreamer2015
Sat Feb 15, 2020 11:19 pm
Forum: Personal Investments
Topic: Best Site/Software for Portfolio Management?
Replies: 32
Views: 2712

Re: Best Site/Software for Portfolio Management?

I use Excel to manage my portfolio and find it perfectly adequate. If one has a Boglehead portfolio there is not much "management" necessary.
by cadreamer2015
Sat Feb 15, 2020 11:17 pm
Forum: Personal Investments
Topic: Ending California residency - capital gains taxation
Replies: 19
Views: 1863

Re: Ending California residency - capital gains taxation

The Franchise Tax Board (FTB) has a reputation for being aggressive in claiming taxpayers as California residents. I would be thorough in eliminating all ties to California as soon as possible and hopefully before you realize the capital gain: change your drivers license, voter registration, car reg...
by cadreamer2015
Sat Feb 15, 2020 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Pandemic Updates: Retire this summer, with early retirement program, or work another academic year and a half
Replies: 40
Views: 4637

Re: Retire this summer, or work another academic year?

This is all personal, of course, and somewhat depends on your risk tolerance. I had a ~1 hour commute each way for essentially all my working life. Of course for virtually all of that time I either took mass transit or was in a car pool, so it wasn't as stressful as driving in heavy traffic by mysel...
by cadreamer2015
Thu Feb 13, 2020 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Early inheritance for one - how to equalize disbursement?
Replies: 65
Views: 4266

Re: Early inheritance for one - how to equalize disbursement?

Whatever method you (or really your mother) use, make sure your mother documents this in her will or trust instrument. That way, if you are the executor, personal representative, or trustee you will be following her written instructions. Otherwise I would predict there would be discord and distrust ...
by cadreamer2015
Fri Feb 07, 2020 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Reporting Sale of Rental Property in Turbo Tax
Replies: 38
Views: 2246

Re: Reporting Sale of Rental Property in Turbo Tax

If you are not able to buy a newish computer to run the download TurboTax program you may need to bite the bullet and have a CPA do your entire return. Though that might cost as much as a new computer - you could get a perfectly capable new laptop for $500 or so.
by cadreamer2015
Fri Feb 07, 2020 12:48 pm
Forum: Personal Consumer Issues
Topic: TurboTax Crashing - updated still no joy
Replies: 29
Views: 2101

Re: TurboTax Crashing - updated still no joy

Further update - remain disappointed. I've rolled back the Windows update from yesterday and tried starting the computer in safe mode. TurboTax seems to need internet connectivity to operate. So neither attempt to solve the problem was successful :( . I guess I'll have to do my taxes on my laptop th...