Search found 4758 matches

by cherijoh
Mon May 14, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: keyless ignitions and carbon monoxide
Replies: 83
Views: 5048

Re: keyless ignitions and carbon monoxide

My understanding (when this issue surfaced a couple years ago) was that this was more of an issue specifically with hybrid vehicles, wherein the car is still running but there's no audible indication until the battery runs down and the ICE takes over . . . . We have push-button start on both our Ou...
by cherijoh
Mon May 14, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing for RMD's in 2 3/4 years
Replies: 4
Views: 544

Re: Preparing for RMD's in 2 3/4 years

My wifes Vanguard account has been TSM for all the years she has invested. I am thinking 50% Wellington and 50% Wellesley now. This way we can rebalance when necessary or take RMD based on how we feel market conditions dictate. Our thinking is that the TSM has done well and now should not be forced...
by cherijoh
Mon May 14, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: keyless ignitions and carbon monoxide
Replies: 83
Views: 5048

Re: keyless ignitions and carbon monoxide

They are easy to disable. I did so on the used outback we bought If I somehow disabled my push button start/stop, my truck would just be a lawn ornament henceforth. There's no other way to start the vehicle, without some custom aftermarket work. I believe you are misparsing, not disable push start/...
by cherijoh
Mon May 14, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Do I Still Need Disability Insurance
Replies: 6
Views: 552

Re: Do I Still Need Disability Insurance

I have a question that I think will be best answered by the collective wisdom of the Bogleheads. Thanks in advance for your help! Question: Do I still need disability insurance? Relevant Background: 38 y/o Emergency Physician who just got a renewal letter for my specialty specific long term disabil...
by cherijoh
Mon May 14, 2018 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Inherited IRA from Brokerage to Bank CD
Replies: 8
Views: 495

Re: Inherited IRA from Brokerage to Bank CD

My father (age 91) recently passed away. I am his son, age 70. I was the sole beneficiary his IRA. It's not a lot of money but it will help my wife and I. The IRA is in my name with his name listed as deceased. It is in a brokerage house and is 90% "cash" and 10% in a couple of stocks (he wanted it...
by cherijoh
Mon May 14, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: Doubling Your Money
Replies: 32
Views: 6836

Re: Doubling Your Money

$120K/year after paying off the mortgage is a pretty generous retirement income (even including taxes as it should). Is everything in a tax advantaged account or is some of it in taxable? How much of that spending is discretionary? If quite a bit of it is, you may want to invest some of the variabl...
by cherijoh
Sun May 13, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on cashing in investment
Replies: 13
Views: 1044

Re: Taxes on cashing in investment

Trying to get some info for my Dad. He is 91 and well this is important. Sadly Mom passed away a month ago. She had a JPMorgan Investment account that was in her name only. It is to be split evenly between myself, my big brother, and dad. He got the check today, sizeable amount. My question is that...
by cherijoh
Sun May 13, 2018 2:46 pm
Forum: Personal Consumer Issues
Topic: Why did Capital One 360 say my cell phone couldn't be verified?
Replies: 9
Views: 1049

Re: Why did Capital One 360 say my cell phone couldn't be verified?

It is a trac phone. That means it is considered a prepaid phone. All trac phones are. OK. Prepaid phones frequently can not be used for such verification processes. You would have the same problem with trying to obtain an IRS transcript online. You haven't been able to get a TracFone without regist...
by cherijoh
Sun May 13, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: How to Exchange Funds in Roth IRA w/o penalty
Replies: 4
Views: 318

Re: How to Exchange Funds in Roth IRA w/o penalty

Just exchange the funds. As long as they remain inside the Roth IRA no tax or penalty is incurred. I do exactly what you are proposing at vanguard multiple times a year. Just make sure that if you have other accounts at VG that you don 't pick one of them as your destination for the exchange. By de...
by cherijoh
Sun May 13, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: Doubling Your Money
Replies: 32
Views: 6836

Re: Doubling Your Money

It includes dividends. But do you understand the main points of my previous post? That returns or rather sequence of returns are highly variable? Many expect to double every 10 years and then are disappointed when they don't. I do. The reason I ask is that at age 50 we have a fair bit in our retire...
by cherijoh
Sun May 13, 2018 1:25 pm
Forum: Personal Consumer Issues
Topic: Seeing a rocket launch in FL
Replies: 15
Views: 1542

Re: Seeing a rocket launch in FL

If you plan to be in Florida a few days, try to place the launch early during your stay. Launch delays are not unlikely, and that way you'll still be there if a 1-2 day delay occurs. +1 My brother did this for a shuttle launch and the first launch was either scrapped or he needed to be back to work...
by cherijoh
Sun May 13, 2018 1:16 pm
Forum: Investing - Theory, News & General
Topic: Inherited Roth IRA question
Replies: 4
Views: 512

Re: Inherited Roth IRA question

My father passed away in 2011 and left me a roth IRA. Can I close it out and withdraw the money tax free? My Edward Jones rep (who i will soon be leaving) has me taking RMDs (~$350/yr) and I would rather just get rid of it. Holdings FRANKLIN DYNATECH FUND CL A TEMPLETON CHINA WORLD FUND CL A If so,...
by cherijoh
Sun May 13, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Cancer - tips?
Replies: 37
Views: 6913

Re: Cancer - tips?

Kristen, what an amazing and thoughtful reply. I love this forum. camillus, best wishes for a full recovery! I agree 100%. Great post Kristen and keep a positive attitude Camillus. I hadn't heard about Caring Bridge, but I have participated in one of the meal delivery apps for a friend who had a cr...
by cherijoh
Sun May 13, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Advice on building a timeless mens wardrobe?
Replies: 68
Views: 5380

Re: Advice on building a timeless mens wardrobe?

Bespoke suits and sports coats have more fabric in them in crucial places so they can be let out over time and not look bad. You may plan on getting fit and/or swear you're not gonna get fat, but life happens. It can go the other way too. TBH, you shouldn't even need to tell a competent tailor that...
by cherijoh
Sun May 13, 2018 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Refinance house to defer more?
Replies: 34
Views: 1695

Re: Refinance house to defer more?

OP, I would not do it for the following reasons and some of it is based on my experience (salary level a few years ago and the ESPP) 1) The 15% guaranteed is a 60% return on your investment. you are getting a 15% return every 6 months (equates to 30%) and you are not contributing all at a time. Eff...
by cherijoh
Sun May 13, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Refinance house to defer more?
Replies: 34
Views: 1695

Re: Refinance house to defer more?

Sorry. I'm 32, my 401k is $100k and my Roth space is $11k. I have an emergency fund of $30k in taxable CDs and high-interest savings. I have about $10k in an HSA. I forgot to mention I also max my HSA contributions every month, although I'm thinking of alternating years that I have a high-deductibl...
by cherijoh
Sun May 13, 2018 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Refinance house to defer more?
Replies: 34
Views: 1695

Re: Refinance house to defer more?

This is funny to read. Or maybe not. Got my first raise this year in 10 years. Last job, they simply didn't hold reviews, didn't give raises. Job before that was free to issue salary freezes for the entire company.....except for executives who got their annual million dollar bonuses for being so aw...
by cherijoh
Sun May 13, 2018 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Refinance house to defer more?
Replies: 34
Views: 1695

Re: Refinance house to defer more?

Consider whether you are getting enough bang-for-your-buck with the large ESPP purchases. I think so. I get 15% on 15%; It's a 2.25% raise at worst, or about $2k per year at worst. But some periods I've doubled my money due to the lookback feature. It's putting you in the red each month ... and it ...
by cherijoh
Sun May 13, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: 4 cars for 3 drivers?
Replies: 15
Views: 1162

Re: 4 cars for 3 drivers?

Wanted to get input on this. We have 3 drivers in my household (DW, son 18 yo, me). DW has her own car and my son and rotate between the Camry and Sprinter van (Fedex delivery van but with 12 seats). I bought the van for family outings (the 5 of us can barely fit in the Camry or wife's Avalon) long...
by cherijoh
Sun May 13, 2018 6:51 am
Forum: Investing - Help with Personal Investments
Topic: Semi-windfall for a long-time Boglehead
Replies: 23
Views: 3062

Re: Semi-windfall for a long-time Boglehead

1) Exactly how much I will receive, and when, is kind of up in the air. Also I'm not 100% clear on all aspects of the tax treatment, and having money suddenly show up in the middle of the year may make figuring out estimated tax payments a bit complicated. Up to now, I've been doing my own taxes wi...
by cherijoh
Sat May 12, 2018 5:23 pm
Forum: Investing - Theory, News & General
Topic: Guidelines on ratio of Pre-tax, Roth, Post-tax Investing
Replies: 35
Views: 2128

Re: Guidelines on ratio of Pre-tax, Roth, Post-tax Investing

Hi Bogleheads, Working on re-allocating this weekend. Are there any guidelines to ratio of pre-tax, roth, and post-tax investing? We could invest up to 80k+ pre-tax but according to some on this forum (retiredjg, etc.) this may be too much in our circumstances. I know others (like Klangfool) prefer...
by cherijoh
Sat May 12, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Time Span Between Job Changes
Replies: 16
Views: 1444

Re: Time Span Between Job Changes

I’m thinking of a job/career change for a few reasons more pay, more ideal location and a different role. The issue is I started at a new company at the beginning of the year. I really like the people and I don’t want to burn any bridges because I’ll still be in the same industry. What would be the...
by cherijoh
Sat May 12, 2018 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Just started a summer job. Should i start using them for their 401k?
Replies: 27
Views: 1798

Re: Just started a summer job. Should i start using them for their 401k?

The vesting options have to do with how much of the matching funds you get. If the employer matches a certain amount of your contributions, and you leave after 1 year, then you get to keep 20% of the extra money. If you leave after the summer (and don't stay a year), you don't get to keep any of th...
by cherijoh
Fri May 11, 2018 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Need Input on My Early Retirement Plan.....
Replies: 45
Views: 5504

Re: Need Input on My Early Retirement Plan.....

IMO, you shouldn't plan on the ACA and significant subsidies being available for the entire period until you and your spouse hit 65 and Medicare. Also since you mentioned moving to another state, be sure and check out the status of their healthcare exchange. I don't want to get this thread locked by...
by cherijoh
Thu May 10, 2018 1:42 pm
Forum: Personal Consumer Issues
Topic: What's the view on dogs running free?
Replies: 110
Views: 5690

Re: What's the view on dogs running free?

This has been mentioned several times. Are you seriously liable if someone else's dog comes on to your property and hurts someone? If someone gets hurt on your property, you should expect to get sued. Whether or not you are found liable may be another story, such as when a stray dog wanders into yo...
by cherijoh
Thu May 10, 2018 7:13 am
Forum: Personal Consumer Issues
Topic: What's the view on dogs running free?
Replies: 110
Views: 5690

Re: What's the view on dogs running free?

They probably figure its less annoying to you to just go get the dog than to knock on your door then go get the dog. Its one of those things where yes they should have better control of the dog but no its not worth bringing up. EDIT: to the posters below me, calling animal control to have to dog im...
by cherijoh
Tue May 08, 2018 9:02 am
Forum: Personal Consumer Issues
Topic: Can COBRA coverage be extended indefinitely?
Replies: 13
Views: 1344

Re: Can COBRA coverage be extended indefinitely?

While working through some proposals for early retirement, my HR manager mentioned that they have the ability to allow me to continue healthcare coverage for my wife and I under COBRA up until I turn 65. That could be 10-11 years. Does this sound workable? Has anyone else ever heard of this? It wou...
by cherijoh
Tue May 08, 2018 6:35 am
Forum: Investing - Theory, News & General
Topic: Why do so many Americans not own stocks?
Replies: 44
Views: 3703

Re: Why do so many Americans not own stocks?

There are several reasons. 1. A majority of people have almost no savings at all. Before you can buy stocks you need to save money. This is the most important reason. 2. The return from stocks is much lower for most people than the indexes say due to fees and bad market timing decisions. Specifical...
by cherijoh
Sun May 06, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 8358

Re: What career for smartest kid in the class?

I think there is a lot of selection bias with MBAs. I think a lot of really successful MBAs would have been just as successful in business without the MBA. A lot of people who get an MBA will never see the financial rewards of an average doctor. Especially anyone who gets an MBA strictly because the...
by cherijoh
Sun May 06, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Pay $2500 in rent or continue living at home
Replies: 91
Views: 6455

Re: Pay $2500 in rent or continue living at home

Your post. I edited my previously conciliatory response to be more direct. Did you really not check Zillow before posting so sarcastically? Here's the search results for $500-$1,500 rentals in Manhattan.https://www.zillow.com/homes/for_rent/Manhattan-New-York-NY/12530_rid/125164-375492_price/500-15...
by cherijoh
Sun May 06, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Pay $2500 in rent or continue living at home
Replies: 91
Views: 6455

Re: Pay $2500 in rent or continue living at home

This is a personal question and I’d love to know everyone’s thoughts. I recently got a new job where I’m making a steady income and a higher income. I’ve been living at home bc I simply couldn’t afford rent before and my aunt was sick so I was taking care of her But she’s better now and I like my f...
by cherijoh
Sun May 06, 2018 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Fund/Funds for retired person who doesnt rely on the money
Replies: 12
Views: 711

Re: Fund/Funds for retired person who doesnt rely on the money

Hi All, First time poster...welcom me :-) My stepfather (Retired 75yo with 100k+ income from pension/SS) has been dealing with a MassMutual advisor and he has put him in a MassMutual IRA which is a fund of funds... I cant see the actual funds or ERs, but I am sure they are hefty as they are primari...
by cherijoh
Sun May 06, 2018 12:34 pm
Forum: Investing - Theory, News & General
Topic: I-bond fixed rate = 0.3%
Replies: 62
Views: 7408

Re: I-bond fixed rate = 0.3%

I just feel that the price of the inflation insurance is too high right now, and at this point am not very worried about the probability + consequence of really bad outcomes. Maybe I should be. As I said, I accept that a very rational case can be made for using TIPS (or I Bonds to a limited extent)...
by cherijoh
Sun May 06, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: I-bond fixed rate = 0.3%
Replies: 62
Views: 7408

Re: I-bond fixed rate = 0.3%

According to Bloomberg, 5 year TIPS have a yield of 0.72%. Why would I sign up for Ibonds at 0.3%. If I intend to hold longer, 30 year TIPS yield 0.94%. 5 year TIPS look pretty good to me, perhaps better than a 3% CD. Tips are great for a tax-advantaged account, but not so much in taxable. From thi...
by cherijoh
Sun May 06, 2018 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Pension Advice/Recommendation
Replies: 13
Views: 1490

Re: Pension Advice/Recommendation

A couple of considerations to think of. If you take the annuity then it would provide about $1,200 a year in taxable income. Many people find that it makes sense to do Roth conversions up to the top of the 12% federal tax at least until they start Social Security. In some situations taking the annu...
by cherijoh
Sun May 06, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Pension Advice/Recommendation
Replies: 13
Views: 1490

Re: Pension Advice/Recommendation

After 35 years with my company. I will officially be retiring on July 1. :D I have began the paperwork process with my Fortune 200 employer and I am looking for advice/recommendations for two decisions I will have to make. My pension options are more limited than others I have read about, so hopefu...
by cherijoh
Sun May 06, 2018 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 8966

Re: Does it make sense to rent as a retiree?

In addition to aggravation like the above, most people do not consider renting as nice a place to live in as they would for purchase. People sometimes say, well I can sell my 500K house and rent this house in another place that rents for only 1K/month ... look at the savings! But that 1K/month plac...
by cherijoh
Sun May 06, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 8966

Re: Does it make sense to rent as a retiree?

Seems like renting would allow for more flexibility, better control of expenses (no surprise expenses) and lower expenses when you live in pricey areas with high taxes and assessments for condos. Additionally, you could sell your house and have a larger portfolio. Selling my house would yield about...
by cherijoh
Sun May 06, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Resignation letter
Replies: 66
Views: 6673

Re: Resignation letter

The only reason why the boss wanted her to stay was bc she is an extremely productive employee and her stay enables her boss to continue to take it easy for awhile longer. Due to the circumstances she did not get a counter offer. However she felt that she was being abused and taken advantage of at ...
by cherijoh
Sun May 06, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Estimated Tax not allowed to consider Qualified Dividends?
Replies: 15
Views: 1119

Re: Estimated Tax not allowed to consider Qualified Dividends?

What about this situation: I have a job and withhold enough from my paycheck to cover taxes due from that job. Earn roughly say $275k I also have part ownership in a partnership that will pay a single distribution at the end of the year, say $125k. This may result in my AGI higher than past years. ...
by cherijoh
Sun May 06, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Estimated Tax not allowed to consider Qualified Dividends?
Replies: 15
Views: 1119

Re: Estimated Tax not allowed to consider Qualified Dividends?

After looking over the Form 1040-ES estimated tax instructions (not just the worksheet), I now see that a tax penalty can be avoided by paying 100% of the previous year's tax, so long as it covered all twelve months. If dividends are steady from year-to-year, which they are never guaranteed, then p...
by cherijoh
Sun May 06, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Resignation letter
Replies: 66
Views: 6673

Re: Resignation letter

The only reason why the boss wanted her to stay was bc she is an extremely productive employee and her stay enables her boss to continue to take it easy for awhile longer. Due to the circumstances she did not get a counter offer. However she felt that she was being abused and taken advantage of at ...
by cherijoh
Sun May 06, 2018 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Mobile Deposit Gone Wrong
Replies: 19
Views: 2820

Re: Mobile Deposit Gone Wrong

Six months later? Checking your account more regularly would be a good idea like every week. Banks and people make mistakes fairly often. Do you have more than one bank that you use a mobile app for? and the same for credit cards. A long term friend confided that someone had been dinging one of his...
by cherijoh
Sun May 06, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Mobile Deposit Gone Wrong
Replies: 19
Views: 2820

Re: Mobile Deposit Gone Wrong

Six months later? Checking your account more regularly would be a good idea like every week. Banks and people make mistakes fairly often. Do you have more than one bank that you use a mobile app for? and the same for credit cards. A long term friend confided that someone had been dinging one of his...
by cherijoh
Sun May 06, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: Real estate agents - claim thousands of ready buyers??
Replies: 19
Views: 1677

Re: Real estate agents - claim thousands of ready buyers??

In this area (Washington DC) there are two heaily radio advertised agents that claim: 1. Each has thousands of ready buyer (one claims over 8,000 and another over 5,000) 2. Each claims to sell faster than average AND higher than average sales prices 3. Each claims thay will BUY the house f it does ...
by cherijoh
Sat May 05, 2018 9:24 pm
Forum: Investing - Theory, News & General
Topic: Paying down your mortgage as a way to balance your portfolio?
Replies: 72
Views: 4071

Re: Paying down your mortgage as a way to balance your portfolio?

I’m going to ask this here. How do folks get past the amount of interest on a mortgage? I have 200k @ 3.875% for 30 years. So around $130k in interest (ballpark from my tired memory). I’ve made 5 payments (a few with extra $$) and am down to 193k. I feel comfortable accelerating at a 20 year pace t...
by cherijoh
Sat May 05, 2018 9:13 pm
Forum: Investing - Theory, News & General
Topic: Paying down your mortgage as a way to balance your portfolio?
Replies: 72
Views: 4071

Re: Paying down your mortgage as a way to balance your portfolio?

IMHO paying down your mortgage unbalances your portfolio. It concentrates a larger percentage of your net worth in a single, illiquid real estate asset. If you buy bonds or equities with the money, your net worth when you make the investment is the same, but it is diversified into more assets, and ...
by cherijoh
Sat May 05, 2018 9:07 pm
Forum: Investing - Theory, News & General
Topic: Paying down your mortgage as a way to balance your portfolio?
Replies: 72
Views: 4071

Re: Paying down your mortgage as a way to balance your portfolio?

You may not consider it so but it is an important part of most people's wealth. Taking on ownership of a house has a huge impact on personal finances and cash flow. For example (on the asset side) you don't have to pay rent. You get to participate in it's growth in value either thru selling it and ...
by cherijoh
Sat May 05, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: Paying down your mortgage as a way to balance your portfolio?
Replies: 72
Views: 4071

Re: Paying down your mortgage as a way to balance your portfolio?

Watty wrote:
Sat May 05, 2018 9:48 am
As mentioned a low interest rate mortgage can be an inflation hedge but on average people move about every seven years so you really can't count on that.
I'm not sure where you got your 7 year number. Per this article it is almost double that.
by cherijoh
Sat May 05, 2018 8:32 am
Forum: Investing - Theory, News & General
Topic: Paying down your mortgage as a way to balance your portfolio?
Replies: 72
Views: 4071

Re: Paying down your mortgage as a way to balance your portfolio?

Paying down your mortgage as a way to balance your portfolio? I think of it in a very different way. Often we think of our portfolios from the perspective of a balance sheet (e.g. "what's my net worth?", "how much do I have in retirement savings?", etc.). However, most people experience life from t...