Search found 3410 matches

by Rupert
Thu Jul 19, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Two Questions - College Tuition Payments
Replies: 11
Views: 1074

Re: Two Questions - College Tuition Payments

1. how much is a "little higher"? What has been the college's recent history with tuition increases? (note, that this deal only covers tuition, so fees and housing and food will continue to increase.) You definitely want to look at the pattern of tuition increases going back ten years or more if po...
by Rupert
Thu Jul 19, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Job vs term life insurance
Replies: 23
Views: 1954

Re: Job vs term life insurance

Your work-provided insurance probably is term insurance. So you are making a false distinction between what you call "job insurance" and term insurance. The term is the length of your employment, as opposed to a set number of years. Work-provided term insurance is usually more expensive, not less ex...
by Rupert
Thu Jul 19, 2018 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth - Have Existing tIRA - Now what?
Replies: 4
Views: 389

Re: Backdoor Roth - Have Existing tIRA - Now what?

Hi folks, I have always rolled over previous employer's 401k/Roth 401k money into tIRA and Roth IRAs so I could better manage the funds I am invested in, I didn't know the pro-rata rule of Roth conversions :oops: Because of that, I have a sizable chunk of my retirement money and my wife's in tIRAs ...
by Rupert
Thu Jul 19, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Semi-Retire by 40-45, possible/realistic?
Replies: 21
Views: 3641

Re: Semi-Retire by 40-45, possible/realistic?

Kids are going to change your lives so drastically in ways that you cannot now anticipate that I think it would be foolish to make plans like the plans you are proposing before you actually have the kids. Yes, theoretically, you can raise children very cheaply, but, in reality, expensive stuff happe...
by Rupert
Thu Jul 19, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: Planning a trip to France in June 2019 - ADvice ?
Replies: 28
Views: 1931

Re: Planning a trip to France in June 2019 - ADvice ?

Do any of you speak French? That might make a difference on the side trips that people recommend.
by Rupert
Thu Jul 19, 2018 7:31 am
Forum: Personal Finance (Not Investing)
Topic: 403B Coal Raking! Help!
Replies: 18
Views: 2097

Re: 403B Coal Raking! Help!

OP, state law is not going to be relevant re whether you can transfer money out of your wife's 403b plan. That is going to be governed by federal law (DOL and IRS regs) plus the plan document that governs the plan. There used to be some weird rules that applied to 403b plans, the availability of 90-...
by Rupert
Wed Jul 18, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford private high school?
Replies: 20
Views: 1605

Re: Can I afford private high school?

I was curious about the $30K house maintenance too. What does that figure include? Insurance and all utility payments? Yard maintenance? Seems you could create some substantial savings there.
by Rupert
Wed Jul 18, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: 403B Coal Raking! Help!
Replies: 18
Views: 2097

Re: 403B Coal Raking! Help!

It's not even a case that it's unlikely that a plan will allow rollovers out. The LAW prohibits in-service distribution of employee deferrals or Roth contributions before age 59-1/2. I think he's talking about a rollover/transfer, as opposed to a distribution. There used to be a way to do that in s...
by Rupert
Wed Jul 18, 2018 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford private high school?
Replies: 20
Views: 1605

Re: Can I afford private school?

Just high school? So four years? You can probably swing it for four years if you use the $65,000, cease discretionary saving, and slash your other expenses. I suppose you could also take equity out of your home to pay for it. Keep in mind that tuition will go up every year, and "tuition" typically d...
by Rupert
Wed Jul 18, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Selling mom's house
Replies: 50
Views: 4070

Re: Selling mom's house

My sister has told my brother that if she cannot by this house, then it will be a cold day in heck before we get her out because she isn't going anywhere. What recourse do we have if she refuses to leave? Sorry for rambling and the log post. The executor can sell the house out from under her, parti...
by Rupert
Wed Jul 18, 2018 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Current Situation
Replies: 10
Views: 935

Re: Help with Current Situation

Do you mind if I ask how one accumulates only $4.61 in an employer-sponsored retirement plan?
by Rupert
Wed Jul 18, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: Need Help Evaluating HVAC Needs and Quotes
Replies: 21
Views: 1944

Re: Need Help Evaluating HVAC Needs and Quotes

The flip side, however, is the fact that the a/c industry as a whole tends to attract a lot of poorly trained and downright incompetent contractors, so while Trane, Lennox and Carrier's requirements eliminate the above issues, you can still easily end up with an incompetent technician. +1. See, for...
by Rupert
Wed Jul 18, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Wills
Replies: 54
Views: 3110

Re: Wills

The state always sends to the spouse first and then the kids. Unless you are giving to somebody else those rules make pretty good sense for the majority of people. If you have all of your accounts in TODs (you can split a checking account into multiple people) and beneficiaries on most everything e...
by Rupert
Wed Jul 18, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Rollover 401k to which institution?
Replies: 9
Views: 637

Re: Rollover 401k to which institution?

Can't say for sure without knowing more about the new plan -- fees, investment options, etc. Rolling into an IRA could affect your ability to do a backdoor Roth IRA in the future and IRAs offer less creditor protection than employer-sponsored plans. Leaving it in the old employer's plan is also an o...
by Rupert
Wed Jul 18, 2018 11:53 am
Forum: Personal Finance (Not Investing)
Topic: 403B Coal Raking! Help!
Replies: 18
Views: 2097

Re: 403B Coal Raking! Help!

403bs are regulated by the IRS and DOL (Dept of Labor). So it doesn't matter what Wisconsin says. You can't just pick your own provider. The plan has to have a contract, a plan document, with the provider. It's required by federal rules. I'm doubtful a plan would allow her to roll funds out of the p...
by Rupert
Wed Jul 18, 2018 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard's Small Business Retirement Plans
Replies: 2
Views: 218

Re: Vanguard's Small Business Retirement Plans

I haven't used the Vanguard plan, but I did talk to them when shopping for a new plan for my company (also a small non-profit). They weren't interested in our plan at all. They wouldn't even respond to our RFP (request for proposal). (Edited to add: Our plan had more than $1 million but less than $2...
by Rupert
Wed Jul 18, 2018 7:28 am
Forum: Personal Consumer Issues
Topic: Need Help Evaluating HVAC Needs and Quotes
Replies: 21
Views: 1944

Re: Need Help Evaluating HVAC Needs and Quotes

Thank you all for your help. Yesterday I found an old-school HVAC repair guy who was magically able to fix my old system, at least temporarily. He agrees that it is on its last legs, but it should get me through this summer season and into the fall. He recommended replacing the unit with another co...
by Rupert
Wed Jul 18, 2018 6:44 am
Forum: Personal Consumer Issues
Topic: Need Help Evaluating HVAC Needs and Quotes
Replies: 21
Views: 1944

Re: Need Help Evaluating HVAC Needs and Quotes

Thank you all for your help. Yesterday I found an old-school HVAC repair guy who was magically able to fix my old system, at least temporarily. He agrees that it is on its last legs, but it should get me through this summer season and into the fall. He recommended replacing the unit with another com...
by Rupert
Tue Jul 17, 2018 4:33 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 88
Views: 10164

Re: Amazon Prime Day 2018

The deals are totally random, I think. I saved $5 yesterday on a USB wall charger that I needed and had been on my wishlist for a few months. This morning Amazon sent me a notice that another item on my wishlist, some noise-cancelling headphones that had been on my list for almost a year, were $75 ...
by Rupert
Tue Jul 17, 2018 1:42 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 88
Views: 10164

Re: Amazon Prime Day 2018

The deals are totally random, I think. I saved $5 yesterday on a USB wall charger that I needed and had been on my wishlist for a few months. This morning Amazon sent me a notice that another item on my wishlist, some noise-cancelling headphones that had been on my list for almost a year, were $75 ...
by Rupert
Tue Jul 17, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for accounts for minor children?
Replies: 2
Views: 236

Re: Suggestions for accounts for minor children?

I'm interested in this topic as well and think my question is similar enough to OP's that I won't hijack the thread. I'm interested in setting up on-line savings accounts for my kids, but I want to keep things as simple as possible. To that end, I'd like to avoid custodial accounts, and I'd like to ...
by Rupert
Tue Jul 17, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: Need Help Evaluating HVAC Needs and Quotes
Replies: 21
Views: 1944

Need Help Evaluating HVAC Needs and Quotes

Background: I have an approximately 100-year-old, 1.5 story bungalow on the Gulf Coast. Most living occurs on the first floor of the home. In the 1960s, some of the home's attic space was converted to living space. The result was a single barbell-shaped room (two open spaces at the gables connected ...
by Rupert
Tue Jul 17, 2018 8:39 am
Forum: Personal Finance (Not Investing)
Topic: HSA (or PPO) and a baby
Replies: 18
Views: 1395

Re: HSA (or PPO) and a baby

Are there any scenarios where an HSA doesn't make sense? Every thread I see looks like a no-brainer. I plan to make the switch next year. The NY Times had a really good article about comparing plans last fall. Yes. PPOs often have much lower deductibles and broader provider networks. PPOs also ofte...
by Rupert
Tue Jul 17, 2018 7:25 am
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 88
Views: 10164

Re: Amazon Prime Day 2018

The deals are totally random, I think. I saved $5 yesterday on a USB wall charger that I needed and had been on my wishlist for a few months. This morning Amazon sent me a notice that another item on my wishlist, some noise-cancelling headphones that had been on my list for almost a year, were $75 o...
by Rupert
Mon Jul 16, 2018 5:00 pm
Forum: Personal Consumer Issues
Topic: Heart Rate Monitors Fitbit vs. Garmin
Replies: 31
Views: 2266

Re: Heart Rate Monitors Fitbit vs. Garmin

I have actually found the Fitbit Charge HR 2 to be a great improvement over the Fitbit Charge HR.
by Rupert
Mon Jul 16, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 88
Views: 10164

Re: Amazon Prime Day 2018

I was able to purchase something about 10 minutes ago. So it's working, just intermittently.
by Rupert
Mon Jul 16, 2018 2:37 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 88
Views: 10164

Re: Amazon Prime Day 2018

how does this prime day even work I've never done it before. I keep clicking on "shop all deals" and nothing happens? They've seem to run into some issues. You're probably not missing much, it's way overblown and is nothing like Black Friday deals IMO. Yes, it appears the site is not working at pre...
by Rupert
Mon Jul 16, 2018 11:41 am
Forum: Personal Consumer Issues
Topic: Why own a bed?
Replies: 140
Views: 9721

Re: Why own a bed?

I don't really understand the question. Last time I bought a mattress, the box spring came with it. I just kept using the old bed frame. If you like using a mattress on the floor, by all means go for it. I would think it would be difficult to find a night table that's a good height to work with tha...
by Rupert
Mon Jul 16, 2018 11:20 am
Forum: Personal Consumer Issues
Topic: Suggestions For Re-attaching a Closet Handle
Replies: 23
Views: 1027

Re: Suggestions For Re-attaching a Closet Handle

If you don't care what it looks like on the inside, you can cut (or have cut) a small piece of wood to attach to the inside which would give you something to screw into. You'll, of course, need longer screws.
by Rupert
Mon Jul 16, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Why own a bed?
Replies: 140
Views: 9721

Re: Why own a bed?

Mattresses, especially foam ones, need air circulation on both sides, or mold will grow there. So if you keep yours directly on the floor, be sure to prop it up on its side for a while once a week or so to air out. Also, some people with health issues (back, knee problems, etc.), have a hard time ge...
by Rupert
Mon Jul 16, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Question Regarding Life Insurance
Replies: 5
Views: 334

Re: Question Regarding Life Insurance

Are your premiums automatically debited from your checking account? If so, can you stop paying that way? I pay my premium once annually by ACH transfer. The insurance company sends me an email reminder a month or so before the payment is due. When I'm ready to terminate the policy, I simply won't pa...
by Rupert
Sun Jul 15, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 46
Views: 3961

Re: How often do you buy a primary residence?

In my region, super traditional sell the best. New houses are built to look 200 years old and actual 200 year old houses that are updated inside bring even more. Moving because a house is out of style is the silliest thing I've heard in a long time. +1. OP, where in the world do you live that 60-ye...
by Rupert
Sun Jul 15, 2018 8:50 am
Forum: Personal Consumer Issues
Topic: Choosing a Used Car Model
Replies: 13
Views: 1397

Re: Choosing a Used Car Model

Your wife is not going to get a feel for driving a larger car on a short test drive. After driving a sedan for a long time, I found that it took me a couple of weeks to adjust to driving a minivan. Now I'm completely comfortable in it. If you pay close attention to minivans you see in parking lots, ...
by Rupert
Sat Jul 14, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Questioning insurance valuation for homeowners
Replies: 24
Views: 1321

Re: Questioning insurance valuation for homeowners

While the insured value of your home should not include the value of the lot your home sits on, it should take into account the cost of clearing the lot prior to rebuilding on it. That can be quite expensive, especially after a large natural disaster.
by Rupert
Sat Jul 14, 2018 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Braces: Keeping cost down and insurance questions.
Replies: 25
Views: 1887

Re: Braces: Keeping cost down and insurance questions.

Do you and your wife both have dental coverage right now, or could you stack enrollment in your respective plans, i.e., enroll the family in your plan for a couple of years and then enroll the family in her plan for a couple of years? If the latter, then I think maybe you could get both plans to pay...
by Rupert
Sat Jul 14, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Questioning insurance valuation for homeowners
Replies: 24
Views: 1321

Re: Questioning insurance valuation for homeowners

State Farm uses an algorithm to come up with that insured value figure. It takes into account the cost of construction in your region, not just general inflation. In other words, it reflects what it would cost you to rebuild your house on your lot in your town, not what your house is worth (fair mar...
by Rupert
Fri Jul 13, 2018 4:56 pm
Forum: Personal Consumer Issues
Topic: Kitchen Remodel
Replies: 23
Views: 1862

Re: Kitchen Remodel

WhiteMaxima wrote:
Fri Jul 13, 2018 4:50 pm
My thinking is to cook more healthy and tasty food at home instead of going out. Spend more to save.
You don't need a Viking range or Subzero refrigerator to do that. You'll have more money to buy better food if you buy cheaper appliances.
by Rupert
Fri Jul 13, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: Kitchen Remodel
Replies: 23
Views: 1862

Re: Kitchen Remodel

Never buy an expensive appliance for which there is no local repairman.
by Rupert
Fri Jul 13, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Question for pre-ACA Early Retirees and pre-ACA solo folks
Replies: 33
Views: 1945

Re: Question for pre-ACA Early Retirees and pre-ACA solo folks

OP, the effectiveness of the pre-ACA high-risk pools varied significantly by state. People died waiting to get into those pools. Lots of stories on the internet about those pools.
by Rupert
Fri Jul 13, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Logging out 20 acre lot?
Replies: 37
Views: 2604

Re: Logging out 20 acre lot?

Have you tried selling it to the adjoining property owners? (FYI: I know that part of the world quite well. There's nothing there but scrubby timberland and a federal prison.)
by Rupert
Fri Jul 13, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Denied for an auto loan 2 weeks after purchase??
Replies: 39
Views: 4923

Re: Denied for an auto loan 2 weeks after purchase??

OP, you might find this thread from just a few months ago helpful. viewtopic.php?f=2&t=248386
by Rupert
Fri Jul 13, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Do insurance agents add value? How?
Replies: 24
Views: 1593

Re: Do insurance agents add value? How?

There are good agents and bad agents. Good agents are often helpful, as they can help you navigate through a claims thicket from time to time, help you negotiate with the insurance company re insured value of a home, etc. (Note, I think this may actually be more true in a small town, where insurance...
by Rupert
Fri Jul 13, 2018 7:54 am
Forum: Personal Consumer Issues
Topic: Someone is using my cellphone number
Replies: 21
Views: 2875

Re: Someone is using my cellphone number

Sometimes stores ask for a phone number or email address at the cash register. They do this allegedly to make it easier for you to return items without a receipt. I always refuse to give them any information. Other people likely just make up a number. Someone may have made up your number, and your n...
by Rupert
Fri Jul 13, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: New construction: financing fell through, builder won't return deposit/earnest $
Replies: 37
Views: 3463

Re: New construction: financing fell through, builder won't return deposit/earnest $

8foot7 wrote:
Fri Jul 13, 2018 7:46 am
What an amazing deterioration of this thread.
Indeed.
by Rupert
Fri Jul 13, 2018 7:25 am
Forum: Personal Finance (Not Investing)
Topic: New construction: financing fell through, builder won't return deposit/earnest $
Replies: 37
Views: 3463

Re: New construction: financing fell through, builder won't return deposit/earnest $

The phrasing of your response makes me think all of that legal experience was gained as a pro se litigant. Is my suspicion correct? Clever Dodge of the questions asked and still not contributing to the thread. If you're an attorney, have you read your state bar rules/advice re dispensing legal advi...
by Rupert
Fri Jul 13, 2018 7:17 am
Forum: Personal Consumer Issues
Topic: My roof looks like a patchwork quilt/insurance companies (UPDATE!!!)
Replies: 14
Views: 1675

Re: My roof looks like a patchwork quilt/insurance companies

Even if the insurance company won't pay, I would replace that roof. Unfortunately, I doubt any other insurance company will write you a policy until you do replace the roof. So I'm not sure shopping around for a new insurance company is going to help you. (It might make you feel better.)
by Rupert
Fri Jul 13, 2018 7:15 am
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 10032

Re: When does frugal cross the line to cheapskate?

I define a cheapskate as someone who frequently takes advantage of the generosity of others but never reciprocates.
by Rupert
Thu Jul 12, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: Costco Membership
Replies: 54
Views: 6932

Re: Costco Membership

I love Costco, and I strongly dislike Walmart. That said, last time I checked, Walmart has a better warranty on kid's glasses than Costco does.
by Rupert
Thu Jul 12, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Question for pre-ACA Early Retirees and pre-ACA solo folks
Replies: 33
Views: 1945

Re: Question for pre-ACA Early Retirees

One notable success of the ACA is the extent to which personal bankruptcies have declined since its implementation (by 50%!). See https://www.consumerreports.org/personal-bankruptcy/how-the-aca-drove-down-personal-bankruptcy/ . That tells a story, too. Note also that, pre-ACA, some states did a bet...
by Rupert
Thu Jul 12, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Question for pre-ACA Early Retirees and pre-ACA solo folks
Replies: 33
Views: 1945

Re: Question for pre-ACA Early Retirees

OP, if you Google the term "job lock," you'll find lots of news stories (and even some studies -- Google "job lock" and "Austin Frakt") containing information about the insurance situation for early retirees pre-ACA. There's fairly robust evidence that pre-existing condition exclusions locked people...