Search found 1094 matches

by lawman3966
Fri Aug 03, 2018 10:17 pm
Forum: Personal Consumer Issues
Topic: Travel Laptop Computer Recommendation
Replies: 12
Views: 961

Re: Travel Laptop Computer Recommendation

I was in the same boat as you last year and bought a Windows laptop with a 32gb hard drive. Unfortunately, I am no longer able to install the latest windows updates onto my laptop because the hard drive is too small. Even with nothing installed on my laptop (no Microsoft Office, no apps, no interne...
by lawman3966
Fri Aug 03, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: Travel Laptop Computer Recommendation
Replies: 12
Views: 961

Travel Laptop Computer Recommendation

I am writing to seek recommendations for a travel laptop computer. I would like it to be reasonably small and light, and to not be too costly in view of the increase risk of damage and theft. The more inexpensive computers (mostly from Asus) have limited storage in eMMC drives, and many come with Wi...
by lawman3966
Tue Jul 10, 2018 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Anyone with experience in Social Security/SSA Hearings?
Replies: 15
Views: 1623

Re: Anyone with experience in Social Security/SSA Hearings?

I don't know whether you already know of the below linked site or not. I searched for it because, although I was aware of the rules for lawyer compensation for the application phase for social security disability, I didn't know what rules would apply for overpayment situations. As I suspected, it's ...
by lawman3966
Sun Jul 01, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance by U.S. Citizen from Former U.S. Green Card Holder
Replies: 29
Views: 3345

Re: Inheritance by U.S. Citizen from Former U.S. Green Card Holder

Bump with link to related question. I posted a follow up question, about inheritance of IRAs, related to this thread at the link below. I'm bumping this thread to hopefully generate attention for the thread below by some of the great posters who responded to the earlier thread. https://www.boglehead...
by lawman3966
Fri Jun 29, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: I'm old, sold house and have $800k to invest.
Replies: 9
Views: 2545

Re: I'm old, sold house and have $800k to invest.

Well first, welcome to the forum. From your post, it appears (though it's not completely clear) that you already own a home. Assuming the above to be true, you could achieve security by buying a TIPS ladder. Rather than go into extensive detail, you could take this opportunity to start reading up on...
by lawman3966
Fri Jun 29, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 169
Views: 24190

Re: Retire at 55, what's the magic number

Just chiming in re: health insurance. Unless you can manage your MAGI for an ACA subsidy, or have another form of health insurance, I would budget at least $25-$35k per year for coverage. The husband and I are late 40s and we budgeted $20k for this year. And it looks like we'll spend a little more ...
by lawman3966
Fri Jun 29, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Distributing U.S. IRAs to U.S. and Canadian Beneficiaries
Replies: 0
Views: 172

Distributing U.S. IRAs to U.S. and Canadian Beneficiaries

This question is related to a recent thread on cross-border inheritance, but goes in a different direction and thus warrants a separate thread. I have an elderly mother living in Canada who is a Canadian citizen and former U.S. person - a former long-time green card holder. She has an estate worth a...
by lawman3966
Tue Jun 26, 2018 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance by U.S. Citizen from Former U.S. Green Card Holder
Replies: 29
Views: 3345

Re: Inheritance by U.S. Citizen from Former U.S. Green Card Holder

Here is my decidedly un-PC take: When my mother, living in Canada (but who had had green card status for 13 years until about 25 years before she passed), passed away, my modest inheritance came directly to me as a paper check, Canadian funds, from her estate attorneys' offices. I deposited it, aft...
by lawman3966
Mon Jun 25, 2018 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance by U.S. Citizen from Former U.S. Green Card Holder
Replies: 29
Views: 3345

Re: Inheritance by U.S. Citizen from Former U.S. Green Card Holder

In which case, assuming that your mother indeed has a lingering green card status but owns absolutely no US assets -- no home in Florida, no 401k or IRA, no US-based bank or brokerage accounts, etc -- it seems to me that the best option here is to forget entirely that you ever heard of the 'exit ta...
by lawman3966
Sun Jun 24, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Inheritance by U.S. Citizen from Former U.S. Green Card Holder
Replies: 29
Views: 3345

Re: Inheritance by U.S. Citizen from Former U.S. Green Card Holder

i can't believe I am suggesting this. But desperate times call for desperate measures. You didn't mention any siblings. If you have a sibling who is a Canadian citizen (and not entangled in the US miasma), and he/she is someone who you can trust - I mean really trust -- the inheritance can pass thr...
by lawman3966
Sun Jun 24, 2018 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Inheritance by U.S. Citizen from Former U.S. Green Card Holder
Replies: 29
Views: 3345

Re: Inheritance by U.S. Citizen from Former U.S. Green Card Holder

It sounds like my mother will need the advice of a cross-border estate planning firm. ... On this final point, be warned that any such firm will have no real choice but to recommend full compliance, undertaken by them (at, of course, huge cost). The rest of us can be more free with our opinions, th...
by lawman3966
Sat Jun 23, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance by U.S. Citizen from Former U.S. Green Card Holder
Replies: 29
Views: 3345

Re: Inheritance by U.S. Citizen from Former U.S. Green Card Holder

(1) My mother would not satisfy either of the financial tests. Her tax liability was far below $100K, and her net worth was below $500K in the mid-nineties when she expatriated. Okay. That tells us that she is not a 'covered expat' under the old pre-HEART 877 rules, but only if she filed the requir...
by lawman3966
Sat Jun 23, 2018 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance by U.S. Citizen from Former U.S. Green Card Holder
Replies: 29
Views: 3345

Re: Inheritance by U.S. Citizen from Former U.S. Green Card Holder

You can actually request the entire file the US immigration has on your mother (she has to do it) under the Freedom of Information Act (FOIA). That way you will know what you are dealing with, and then can plan accordingly. You can get the information at the following link: https://www.uscis.gov/ab...
by lawman3966
Fri Jun 22, 2018 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance by U.S. Citizen from Former U.S. Green Card Holder
Replies: 29
Views: 3345

Re: Inheritance by U.S. Citizen from Former U.S. Green Card Holder

#1) Even if an I-407 was filed, an 8854 is required too I believe. I don't think I-407 alone gets you free from being a U.S. resident for tax purposes. So it seems your mother could still be under US tax liability. Not sure how to confirm an 8854 was filed. Possible, but timing is important. In 200...
by lawman3966
Mon Jun 18, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance by U.S. Citizen from Former U.S. Green Card Holder
Replies: 29
Views: 3345

Inheritance by U.S. Citizen from Former U.S. Green Card Holder

I am trying to determine whether a prospective, possible inheritance will be subject to U.S. tax, and whether any action can be taken now to influence the situation. I first asked this question on this board's Canadian sister site - the Financial Wisdom Forum - but now realize that an American tax e...
by lawman3966
Thu May 24, 2018 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: medicaid as early retirement medical insurance (or maybe Obamacare)
Replies: 41
Views: 4029

Re: medicaid as early retirement medical insurance (or maybe Obamacare)

i did not see anything about assets limits. The below link addresses the asset limits for Medicaid in Texas. https://www.familyassets.com/nursing-homes/resources/medicaid/texas You should actually be quite happy if your assets don't qualify you for Medicaid in Texas, as you might experience a grim ...
by lawman3966
Fri Jan 12, 2018 10:11 pm
Forum: Investing - Theory, News & General
Topic: Shares Are Wildly Overpriced. But Bonds May Be Even Worse
Replies: 35
Views: 6294

Re: Shares Are Wildly Overpriced. But Bonds May Be Even Worse

I am trying to figure out just how overpriced the stock market supposedly is. A list of Key Metrics from Factset, date today Jan. 12, 2018, states that the estimated forward P/E ratio for the S&P 500 is 18.4, a whole 15.7% above the five-year moving average of 15.9, and 29% above the ten-year moving...
by lawman3966
Tue Jan 02, 2018 2:40 am
Forum: Investing - Theory, News & General
Topic: Individual Stocks That Went Bust
Replies: 110
Views: 9387

Re: Individual Stocks That Went Bust

VISX had many of us seeing red in early 2000s.
by lawman3966
Mon Jan 01, 2018 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for using TSP in Retirement
Replies: 6
Views: 1280

Re: Strategy for using TSP in Retirement

OP I think your approach makes good sense. One reason to leave your funds out of the TSP is if you want to do Roth conversions. But it seems like the new withdrawl rules will make it fairly easy to transfer funds in and out of the TSP, so you’re not making any irrevocable choices. Ok, I admit that ...
by lawman3966
Sun Dec 31, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for using TSP in Retirement
Replies: 6
Views: 1280

Strategy for using TSP in Retirement

I'm writing to get input regarding the best way to use my TSP in retirement. I ask this in part because I've read that withdrawals from the TSP are more difficult than from other retirement accounts, though I haven't been able to confirm that with my own reading. A brief summary of my accounts follo...
by lawman3966
Thu Dec 28, 2017 8:42 pm
Forum: Investing - Theory, News & General
Topic: S&P500 Indexing stay away? - does article make valid points?
Replies: 18
Views: 3206

Re: S&P500 Indexing stay away? - does article make valid points?

To answer your questions: I find that the article is not interesting, does not make valid points, and is blatantly self promoting since the author peddles investments that compete with stock index investing. The article at various points criticizes: (1) stock investing in general (due to valuations)...
by lawman3966
Thu Dec 14, 2017 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: any sense in purchasing an annuity before retirement?
Replies: 35
Views: 2680

Re: any sense in purchasing an annuity before retirement?

I guess my point was, either way, I'm going to be stuck with a low rate of return over the next 5 years for some portion -- say 50% for even numbers -- of our portfolio. If my neighbor has 100% of his assets in the market or a variable annuity, he might come out 2x ahead, but I don't want to take t...
by lawman3966
Tue Dec 12, 2017 7:32 pm
Forum: Personal Consumer Issues
Topic: Space Heater Thermostat Temp-based or just Duty Cycle
Replies: 8
Views: 767

Re: Space Heater Thermostat Temp-based or just Duty Cycle

Looking at Tacoma code specifically, this document has a 70 degree requirement and does not allow it to be met by space heaters on page 30 here, but from a quick read of the section, I think it allows grandfathering. http://cms.cityoftacoma.org/cityclerk/Files/MunicipalCode/Title02-Buildings.PDF Th...
by lawman3966
Tue Dec 12, 2017 2:44 am
Forum: Personal Consumer Issues
Topic: Space Heater Thermostat Temp-based or just Duty Cycle
Replies: 8
Views: 767

Re: Space Heater Thermostat Temp-based or just Duty Cycle

Also, if I remember right in Washington state, if a dwelling does not have a permanently wired or plumbed primary heating source, it is out of code. I don't remember where at the moment to check for confirmation on that. I suppose whether that is a deficiency you'd want to raise a fuss about might ...
by lawman3966
Tue Dec 12, 2017 2:08 am
Forum: Personal Consumer Issues
Topic: Space Heater Thermostat Temp-based or just Duty Cycle
Replies: 8
Views: 767

Re: Space Heater Thermostat Temp-based or just Duty Cycle

Also, if I remember right in Washington state, if a dwelling does not have a permanently wired or plumbed primary heating source, it is out of code. I don't remember where at the moment to check for confirmation on that. I suppose whether that is a deficiency you'd want to raise a fuss about might ...
by lawman3966
Mon Dec 11, 2017 11:26 pm
Forum: Personal Consumer Issues
Topic: Space Heater Thermostat Temp-based or just Duty Cycle
Replies: 8
Views: 767

Space Heater Thermostat Temp-based or just Duty Cycle

Appealing to the techies out there to resolve a dispute. Our home in WA uses only electric space heaters for heat. One resident is attempting to map a combination of space heater thermostat settings to the resulting room temperature, in order to come up with thermostat settings we can stick to. My i...
by lawman3966
Mon Dec 11, 2017 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Parking Lot Dent: Pay myself or submit claim
Replies: 14
Views: 1980

Re: Parking Lot Dent: Pay myself or submit claim

Normally in cases where the other vehicle is moving, there is always the possibility of a bodily injury claim from the op. However in this case to op's car was parked, and even if they wanted to get it repaired, the cost would be nominal. Also, given your upcoming relo, I would just submit it to Ge...
by lawman3966
Mon Dec 11, 2017 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Year End Planning Roth Conversion / ACA
Replies: 1
Views: 283

Year End Planning Roth Conversion / ACA

I am posting to determine whether my situation is ripe for a Roth conversion.Some data: Age: 58 Amount in TIRA: $400K Income from SSDI: $26.8K/ year. Income from investments: about $ 5K/year. Health plan: Silver ACA plan, with a $380/month premium. I tend to think that a Roth Conversion at this time...
by lawman3966
Mon Dec 11, 2017 8:45 pm
Forum: Personal Consumer Issues
Topic: Cricket Wireless: What are the gotchas?
Replies: 38
Views: 2890

Re: Cricket Wireless: What are the gotchas?

I switched from AT&T to Cricket about a year and a half ago and have had no problems. Once you get used to it, their online interface is good enough that I don't feel the need to call customer service. I recently traveled to Canada, and had no trouble adjusting my plan upwards in order to have unlim...
by lawman3966
Mon Dec 11, 2017 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Parking Lot Dent: Pay myself or submit claim
Replies: 14
Views: 1980

Re: Parking Lot Dent: Pay myself or submit claim

In your state, do you also have to pay to fix what you hit? What is that additional cost? Per the text added to my top post, the damage to what I hit - another vehicle - was trivial and the owner does not appear interested in pursuing the issue. If there is not any other fixes involved, at that pri...
by lawman3966
Mon Dec 11, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Parking Lot Dent: Pay myself or submit claim
Replies: 14
Views: 1980

Parking Lot Dent: Pay myself or submit claim

I just got an estimate to repair a four year old Hyundai (worth about $11K) after a parking lot accident (my fault). Normally, I would pay for it myself without a second thought, but the estimate amount has me rethinking that. The facts are the following: (1) This would be the first time ever I'd be...
by lawman3966
Tue Dec 05, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Safe place to move cash for better return
Replies: 4
Views: 1288

Safe place to move cash for better return

Over the last few years, I've placed my non-stock assets in money market funds to avoid bond fund losses that many pundits said would arise from interest rate increases. I would now like to move some of this cash into either short term bond funds or CDs. I'm writing to get recommendations for funds ...
by lawman3966
Sun Sep 17, 2017 3:10 pm
Forum: Personal Consumer Issues
Topic: Should I contact a lawyer?
Replies: 69
Views: 4641

Re: Should I contact a lawyer?

The document had a title page, for example Russian 201 Clarity High School, 2011 and I was the only person teaching that course. It had no copyright statement or other statement. No one besides myself taught the course for 20 years, although some topics were swapped with other levels over the years...
by lawman3966
Tue Sep 05, 2017 5:59 pm
Forum: Personal Consumer Issues
Topic: Book Recommendations: Nutrition / Psychology
Replies: 28
Views: 3232

Re: Book Recommendations: Nutrition / Psychology

canon_shooter wrote:
Tue Sep 05, 2017 8:17 am

How about using your local library to get these books in order to keep costs down?
Thanks to Canon Shooter and all the others for your kind suggestions. I will indeed check these titles out at the local library.
by lawman3966
Mon Sep 04, 2017 6:09 pm
Forum: Personal Consumer Issues
Topic: Book Recommendations: Nutrition / Psychology
Replies: 28
Views: 3232

Book Recommendations: Nutrition / Psychology

In view of the number of medical professionals on this board, I'm hoping to get some good reading recommendations for both nutrition and psychology for a lay person, hopefully in reasonably priced paperback editions. I've done some initial browsing on Amazon, and most of the early hits in the nutrit...
by lawman3966
Thu May 25, 2017 12:41 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion Optimization Calculator
Replies: 1
Views: 477

Roth Conversion Optimization Calculator

I'm now retired and seek input on a way to optimize my Roth conversions prior to incurring the need for RMDs. My data: Age 57. ASSETS: Taxable: $800K Tax-deferred: $400K Roth: $120K INCOME: SSDI: $27K/year (already receiving). Health insurance: On ACA plan from now until Nov. 2018, on Medicare there...
by lawman3966
Tue May 16, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Invest in My Company's 401K Even Though I Might Leave in A Few Months?
Replies: 7
Views: 897

Re: Should I Invest in My Company's 401K Even Though I Might Leave in A Few Months?

When I faced this situation, I increased my contribution amount to the maximum in order to put as much money as possible into tax advantaged accounts. Whether you should do the same depends on how much operating capital you need in the coming months and the rules of your 401K plan. It doesn't really...
by lawman3966
Thu Apr 13, 2017 7:50 pm
Forum: Personal Consumer Issues
Topic: ROI for Boat Repair Project
Replies: 11
Views: 1270

ROI for Boat Repair Project

A handyman (hereafter H) I know has some expertise in purchasing and repairing boats. He has invited me to invest in a project of his. Accordingly, I'm posting to get some idea of a reasonable ROI for my investment. I don't know all the specifics yet (and indeed each project is different), but I wil...
by lawman3966
Wed Mar 22, 2017 1:31 pm
Forum: Forum Issues and Administration
Topic: Best way to share PDF of 401k funds available?
Replies: 7
Views: 1572

Re: Best way to share PDF of 401k funds available?

When a roommate recently asked me to review a multi-page list of funds in her 403(b) plan, I looked for the index funds in the stock and bond categories, and mostly stopped there. I looked over the fees of the various funds and confirmed that the index funds indeed had the lowest fees (not always gu...
by lawman3966
Tue Mar 21, 2017 5:31 pm
Forum: Personal Consumer Issues
Topic: Debating a weekend in Chicago (south side)
Replies: 54
Views: 5709

Re: Debating a weekend in Chicago (south side)

I am going to try to weave three concepts together here. You're the "guitar" guy, and you want something to do with your guys/buddies. Accordingly, I recommend Buddy Guy's Legends Blues Club (on the near south side). http://buddyguy.com/ Apparently, Buddy Guy is an old friend of Keith Richards who h...
by lawman3966
Sun Feb 19, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculator - COLA Adjustment
Replies: 13
Views: 1880

Re: Social Security Calculator - COLA Adjustment

How old are you? (1) For the year you turn 63 and later you get a CPI-U based COLA. (2) For the year you turn 60 and earlier your PIA will be increase based on the National Average Wage Index. (3) For the years you turn 61 and 62 there are no adjustments. I understand items (1) and (2) above, but a...
by lawman3966
Sun Feb 19, 2017 4:48 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculator - COLA Adjustment
Replies: 13
Views: 1880

Re: Social Security Calculator - COLA Adjustment

Use this link instead. https://www.ssa.gov/oact/COLA/awifactors.html Hit submit with the year 2017. Notice, the last two years have a 1.0 factor. You mention that the last two years have a 1.0 factor. I'm not sure what this means. Below, I have taken a stab at explaining it, but please let me know ...
by lawman3966
Fri Feb 17, 2017 1:22 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculator - COLA Adjustment
Replies: 13
Views: 1880

Re: Social Security Calculator - COLA Adjustment

How old are you? For the year you turn 63 and later you get a CPI-U based COLA. For the year you turn 60 and earlier your PIA will be increase based on the National Average Wage Index. For the years you turn 61 and 62 there are no adjustments. Thanks. I was not aware of the formula before. I'm 57. ...
by lawman3966
Thu Feb 16, 2017 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculator - COLA Adjustment
Replies: 13
Views: 1880

Social Security Calculator - COLA Adjustment

I periodically check my (estimated) future SS payments using either the "estimator" or the Online Calculator. For some reason, I have not had any luck using the estimator recently. I always get an error message stating that they can't process my request at this time. Upon entering my data into the o...
by lawman3966
Fri Feb 10, 2017 2:41 am
Forum: Personal Finance (Not Investing)
Topic: Payment Method for Private Used Car Sale
Replies: 43
Views: 4200

Re: Payment Method for Private Used Car Sale

Most banks will let you call and verify that funds for a cashiers check are good. I've bought all my cars with cashiers check or bank check when using a loan. If someone is financing, they're not going to have cash. Are you willing to give up a sale just to have a cash payment? Probably not. Just t...
by lawman3966
Fri Feb 10, 2017 2:28 am
Forum: Personal Finance (Not Investing)
Topic: Payment Method for Private Used Car Sale
Replies: 43
Views: 4200

Re: Payment Method for Private Used Car Sale

Cash. Getting the cash is the buyer's problem. I think the risk is very low until you're left with a handful of cash in your coat pocket or house. I've taken it right to the bank. Another time, I got a bank check at a local branch, with the buyer , so I knew it was genuine and it could be covered. ...
by lawman3966
Thu Feb 09, 2017 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Payment Method for Private Used Car Sale
Replies: 43
Views: 4200

Payment Method for Private Used Car Sale

Since I drive little these days, I'm looking to sell my current vehicle and get a cheaper one, and to conduct both transactions privately. The one I plan to sell is worth about $12K. I have read a little online about how to accept payment in this transaction. Some people use cash, others use persona...
by lawman3966
Mon Feb 06, 2017 10:59 pm
Forum: Personal Consumer Issues
Topic: Fee for help buying/selling used cars
Replies: 3
Views: 711

Fee for help buying/selling used cars

I have a 2014 vehicle that I now drive very little that has a retail value of about $12K. I'm interested in selling it and buying an older vehicle for about $3K. I'd like to conduct private sales (as in not using a dealer) for both transactions. I am a novice at the used car business, and have an ac...
by lawman3966
Thu Dec 22, 2016 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: job loss, portfolio and retirement advise
Replies: 39
Views: 4633

Re: job loss, portfolio and retirement advise

To get some perspective, I entered your data into Firecalc with the following parameters: Assets: $941K ( including home equity) lawman3966, How could you include home equity as part of the asset for Firecalc? Until the house is old, the home equity generate no income. KlangFool How? Simple: Home e...