Search found 3171 matches

by GerryL
Wed Jun 16, 2021 7:22 pm
Forum: Personal Investments
Topic: RMDs and Taxable accounts
Replies: 7
Views: 984

Re: RMDs and Taxable accounts

I'd be surprised at the fast and excellent advice if it wasn't what I had expected My thanks to all I knew if I got the question right, the"right" answers would come tumbling in. Forgive me for not adding the obvious: that my original portfolio should be diversified and that my conversion...
by GerryL
Sat Jun 12, 2021 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Account
Replies: 31
Views: 3420

Re: Savings Account

I left Chase and switched to a local credit union several years before I retired, when Move Your Money (from the big banks) was a rallying cry. Almost all my bills are on auto-pay through my CU checking account, and my SS and two tiny pensions are on auto-deposit. I keep some savings there. The larg...
by GerryL
Fri Jun 11, 2021 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Adding secondary beneficiaries to an IRA
Replies: 8
Views: 506

Re: Adding secondary beneficiaries to an IRA

I was having a problem using the online for to designate beneficiaries for my Roth at Vanguard. Half to a charity and half to my nephew. I wanted to put a secondary beneficiary in case my nephew predeceases me, but the form wouldn't let me do it unless I indicated a secondary for the other half. Not...
by GerryL
Wed Jun 09, 2021 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: So now you're dead -- how does your executor find all your accounts & bills?
Replies: 72
Views: 9823

Re: So now you're dead -- how does your executor find all your accounts & bills?

I am using the Nolo Get It Together book to document all my papers and "wishes" into a binder -- actually two binders. The 28 individual chapters cover everything from estate planning docs and and accounts to biographical info and care for pets. I am using the digital forms (encrypted) bef...
by GerryL
Mon Jun 07, 2021 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Any tips which might help in transitioning from the accumulation to the retirement phase
Replies: 19
Views: 1821

Re: Any tips which might help in transitioning from the accumulation to the retirement phase

The tip I give everyone in this situation is "Know your expenses." That is the key piece of data that you need to plan for this new phase. It doesn't really matter how many $$$ you have in your portfolio if you don't have a handle on your expenses. Then break it down to Basic living expens...
by GerryL
Sat Jun 05, 2021 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Retired Singles, When did you take SS?
Replies: 42
Views: 3720

Re: Retired Singles, When did you take SS?

I retired a few months before my 66th birthday, a year earlier than planned. Thanks to a severance package and some cash I had built up preparing for retirement, I was able to wait until 70 without taking anything out of my retirement savings or other investments. It seemed like a no brainer. My lar...
by GerryL
Sat Jun 05, 2021 12:52 am
Forum: Investing - Theory, News & General
Topic: How did Bogleheads do investment wise during the pandemic?
Replies: 110
Views: 6199

Re: How did Bogleheads do investment wise during the pandemic?

Have not really changed what I am doing. Portfolio is growing.
Since my spending is way down, I keep investing excess cash, which increases my dividends, which increases my excess cash.
On the IRA side, I have taken out about 2% so far this year, but it is up about 4.5% from where it was on Jan 1.
by GerryL
Fri Jun 04, 2021 1:56 am
Forum: Personal Finance (Not Investing)
Topic: 2021 QCD at Vanguard
Replies: 59
Views: 3958

Re: 2021 QCD at Vanguard

Can I have Vanguard send the QCD check to me directly? Almost all of the qualified contributions we make are online. I can save the confirmations I get from the charities as back up along with a copy of the check. Anybody does this? Vanguard sends the check, made out to the charity you designate, t...
by GerryL
Thu Jun 03, 2021 9:29 pm
Forum: Personal Consumer Issues
Topic: Eyeglasses: Warby Parker or Costco?
Replies: 49
Views: 8032

Re: Eyeglasses: Warby Parker or Costco?

I have a very tough prescription, lots of astigmatism, and Warby Parker gets it right all the time! I once had glasses made at Costco and they were terrible, learned my lesson. Also, Warby Parker has great customer service! My problem is where I wear my glasses -- a bit down on my nose. Can't imagi...
by GerryL
Thu Jun 03, 2021 8:11 pm
Forum: Personal Consumer Issues
Topic: Eyeglasses: Warby Parker or Costco?
Replies: 49
Views: 8032

Re: Eyeglasses: Warby Parker or Costco?

I have a very tough prescription, lots of astigmatism, and Warby Parker gets it right all the time! I once had glasses made at Costco and they were terrible, learned my lesson. Also, Warby Parker has great customer service! My problem is where I wear my glasses -- a bit down on my nose. Can't imagi...
by GerryL
Thu Jun 03, 2021 7:31 pm
Forum: Personal Consumer Issues
Topic: Global Entry Interview conditional approval (365 day clock)...
Replies: 49
Views: 5203

Re: Global Entry Interview conditional approval (365 day clock)...

Another Global Reentry renewal question for those who have completed the process: My card was due to expire this coming September. I applied for renewal at the end of April. Today I got a conditional approval that said I have 730 days to complete an interview and that I could opt to do an interview ...
by GerryL
Mon May 31, 2021 3:11 pm
Forum: Personal Investments
Topic: At 59, should I be more conservative?
Replies: 27
Views: 3606

Re: At 59, should I be more conservative?

Hi, I will be turning 59 shortly and have about $790,000 in my retirement portfolio and plan to return in 6 years at 65. I currently contribute 32% of my salary to retirement and my current allocation is about 55% equities and 45% fixed. At 59, should I been more in the preservation mindset, than a...
by GerryL
Sun May 30, 2021 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Has anybody here moved a Vanguard account into trust (of which they are their own trustee)?
Replies: 32
Views: 3185

Re: Has anybody here moved a Vanguard account into trust (of which they are their own trustee)?

blahblahsunshine wrote: Sun May 30, 2021 5:17 pm Why are you establishing the trust in the first place? What is it giving you that you didn't previously have?
It's largely to avoid probate but also to ease the way for a successor trustee to manage my affairs and my care if I should become incapacitated, a possibility given family history.
by GerryL
Sat May 29, 2021 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: skip Medicare B and D?
Replies: 38
Views: 4220

Re: skip Medicare B and D?

Yes I've done that process. It seems pretty straight forward to me until I started pondering the value of coverage for occasional prescriptions. Antibiotics, vaccinations, pain meds, etc. I don't know what will be prescribed. As a family we've had the odd procedures over the years with some very ex...
by GerryL
Sat May 29, 2021 3:25 pm
Forum: Personal Consumer Issues
Topic: Is an iPhone value worth it over an Android phone?
Replies: 91
Views: 6981

Re: Is an iPhone value worth it over an Android phone?

I read somewhere that Apple can change the battery. There is also of course 3rd parties who can do that if the phone is out of warranty anyways. But then the question would be "Does it worth to change a battery to get 2 more years out of a phone?"! Yes. Apple will change the battery. I th...
by GerryL
Sat May 29, 2021 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: skip Medicare B and D?
Replies: 38
Views: 4220

Re: skip Medicare B and D?

Looking at my wife's options as she is signing up for Medicare soon. Going with A&B and supplement G; so for Part D coverage we still have a decision. Her few meds are cheap and the general advice seems to be either forgo Part D (not going this route) or get the cheapest part D plan available f...
by GerryL
Fri May 28, 2021 9:01 pm
Forum: Personal Consumer Issues
Topic: Printer question / seems to print on back of paper?
Replies: 9
Views: 1055

Re: Printer question / seems to print on back of paper?

The Brother software (at least the version I am using on my old multi-function printer) provides an illustration of how to orient the paper in the bin when you are doing double-sided printing. But you only see it on double-sided jobs. (Double-sided is not automatic and requires a few extra steps, bu...
by GerryL
Fri May 28, 2021 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Altruistic companies to work for?
Replies: 37
Views: 3343

Re: Altruistic companies to work for?

What exactly do you mean by altruistic companies? As others have said, there are lots of NGOs, etc. that try to do good for various groups, but they aren't really altruistic in a definitional sense because they are all interested in their own survival. There are also for profit companies that try t...
by GerryL
Thu May 27, 2021 4:50 pm
Forum: Personal Investments
Topic: What are you putting in your Roth IRA?
Replies: 102
Views: 13179

Re: What are you putting in your Roth IRA?

This is likely to be different at different stages in life. As a retiree with a substantial tIRA and a nice, little Roth (an investment option that only became available when I was in my 40s), I have most of my international stock in the Roth in the form of Total International Stock Index fund. This...
by GerryL
Thu May 27, 2021 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Donating Securities to DAF
Replies: 9
Views: 876

Re: Donating Securities to DAF

I think you're correct. I personally would donate the 30% of AGI each year separately, because ..... Thanks. I agree. I was thinking particularly about your first reason. The money will be going to a DAF for use after I die. During my lifetime I am making QCD donations to charities. I make good use...
by GerryL
Thu May 27, 2021 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: "Estimated taxes" paid with RMD/QCD
Replies: 8
Views: 566

Re: "Estimated taxes" paid with RMD/QCD

I understand that there is no quarterly or specific date that your estimated taxes need to be paid if you're doing it as part of an RMD transaction. Is that still the case? I usually do this once per year along with a QCD ( qualified charitable contribution) with any balance beyond the taxes and QC...
by GerryL
Thu May 27, 2021 2:27 am
Forum: Personal Investments
Topic: Advisor managed portfolio vs index funds
Replies: 11
Views: 1302

Re: Advisor managed portfolio vs index funds

Team, I have been debating hiring a fee based financial advisor to managed my portfolio (403b, 457b, Roth IRA, brokerage) at 1%. For those more experienced with advisors is there a value in it versus just putting 100% assets in VTI,VTSAX,or FSKAX? I keep hearing it's hard to beat S&P long term ...
by GerryL
Wed May 26, 2021 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Has anybody here moved a Vanguard account into trust (of which they are their own trustee)?
Replies: 32
Views: 3185

Re: Has anybody here moved a Vanguard account into trust (of which they are their own trustee)?

I just did this as well. I called and did it over the phone but it was very easy. You open a new account and transfer the funds from the individual account to the trust account. My taxable account contains one Vanguard fund and a bunch of company stock. I'm hoping the process works as smoothly for ...
by GerryL
Wed May 26, 2021 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Has anybody here moved a Vanguard account into trust (of which they are their own trustee)?
Replies: 32
Views: 3185

Re: Has anybody here moved a Vanguard account into trust (of which they are their own trustee)?

miket29 wrote: Wed May 26, 2021 7:53 pm I did this earlier this year and wrote about it in this reply to a thread: viewtopic.php?f=2&t=201593&p=5904367#p5904367
This is very helpful. Didn't find it in my forum search before I posted my question.
by GerryL
Wed May 26, 2021 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Has anybody here moved a Vanguard account into trust (of which they are their own trustee)?
Replies: 32
Views: 3185

Has anybody here moved a Vanguard account into trust (of which they are their own trustee)?

I am getting my act together and figuring out what I want and don’t want in my trust before my next meeting with the lawyer. The largest chunks of my portfolio are my tIRA and Roth, which I don’t plan to put into the trust since their distribution can be handled by beneficiary designations (mostly t...
by GerryL
Tue May 25, 2021 3:43 pm
Forum: Investing - Theory, News & General
Topic: Question For Those With No Heirs Who Are Retired
Replies: 28
Views: 4936

Re: Question For Those With No Heirs Who Are Retired

Or for those close to retirement… What type of withdrawal method are you using or planning to use? Interested to see how you approach yearly spending considering there will be no direct heirs to your money upon your departure. Plus the studies show as we age, most of us tend to spend less, so I’m t...
by GerryL
Mon May 24, 2021 6:06 pm
Forum: Personal Consumer Issues
Topic: Eyeglasses: Warby Parker or Costco?
Replies: 49
Views: 8032

Re: Eyeglasses: Warby Parker or Costco?

This message probably does not pertain to the OP, but I wanted to give a nod to the importance of a good local optometrist - they can be worth their weight in gold especially for heavier or more unique eyeglass prescriptions, etc. I'm glad to have found and built a relationship with my local optome...
by GerryL
Mon May 24, 2021 2:34 pm
Forum: Personal Consumer Issues
Topic: Interesting article on Self-driving cars
Replies: 21
Views: 1197

Re: Interesting article on Self-driving cars

if a self-driving vehicle gets into an accident and kills another motorist (or pedestrian etc), who is to blame? The liability issue is one of many questions that need to be resolved. You know the old computer troubleshooting answer: PC maker, "It's not the hardware; it's the software." S...
by GerryL
Mon May 24, 2021 2:01 pm
Forum: Personal Consumer Issues
Topic: Interesting article on Self-driving cars
Replies: 21
Views: 1197

Re: Interesting article on Self-driving cars

Self-driving cars and other driving technology were part of the focus of my work as a corporate librarian at Megacorp. I was once asked to find research on the lag time between a warning and when a pilot/driver could take charge of the system. How long did it take for the human's brain to get into g...
by GerryL
Sat May 22, 2021 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tertiary Beneficary?
Replies: 14
Views: 1165

Re: Vanguard Tertiary Beneficary?

The online beneficiary form on the Vanguard site is limited. I couldn't figure out how to designate a secondary beneficiary for 1/2 of a retirement account when the other half is designated as going to a charity. I sent a message asking for advice and was told I would need to submit the request in w...
by GerryL
Sat May 22, 2021 4:28 pm
Forum: Personal Consumer Issues
Topic: 14 days Portland Oregon Coast road trip.
Replies: 45
Views: 3743

Re: 14 days Portland Oregon Coast road trip.

If you're interested in fossils, DM me and I will give you some tips about an easy-to-access place to find 15M year old fossils (mostly shells) on the coast. Summer is not the best time, as the beaches are all sanded up, but it can be fun to find your own fossils.
by GerryL
Fri May 21, 2021 5:43 pm
Forum: Personal Investments
Topic: Vanguard's Portfolio Analysis' Sectors are illogical
Replies: 6
Views: 566

Re: Vanguard's Portfolio Analysis' Sectors are illogical

I just went into the tool this week and found the what-if scenario tool much easier to use thanks to the new interface. Just hope the analysis is correct because I made a big trade in my IRA when I saw that my bond allocation was out of whack.
by GerryL
Fri May 21, 2021 1:01 pm
Forum: Personal Investments
Topic: My recent experience with retiring
Replies: 9
Views: 2015

Re: My recent experience with retiring

I found that the IRA to IRA direct transfer process to Vanguard (after rolling over my 401K to an IRA using another custodian for similar initial customer service issues with Vanguard) was pretty painless, if that helps. I did three direct transfers to Vanguard as I approached and started retiremen...
by GerryL
Fri May 21, 2021 12:48 pm
Forum: Investing - Theory, News & General
Topic: Before you discovered index funds, what is your “stock picker” story?
Replies: 43
Views: 71624

Re: Before you discovered index funds, what is your “stock picker” story?

In the early 90s, I knew only that I needed to get my little IRA into stocks (from CDs). I read an article in Consumer Reports about mutual funds. It emphasized the importance of costs but didn't get into index funds. I chose from the list of funds in the article and put my IRA into Dodge & Cox ...
by GerryL
Thu May 20, 2021 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Literacy Education/Non-Profit
Replies: 4
Views: 307

Re: Financial Literacy Education/Non-Profit

I've been volunteering since 2014 with Financial Beginnings https://www.financialbeginnings.org/ They started in Oregon but are now expanding to different geos. They have programs for all ages, from Kindergarten to young adult. I have been delivering presentations to high school classes. They are in...
by GerryL
Thu May 20, 2021 1:59 pm
Forum: Personal Investments
Topic: Investment Allocation for 70 year old retiree
Replies: 22
Views: 1867

Re: Investment Allocation for 70 year old retiree

She is considering multiple funds. Wellington and Wellesley are among them, yes. The reason I posted here is because I am having a difficult time advising her on the correction allocation between them. 100% Wellington for her entire portfolio may be more than slightly increasing her risk profile, y...
by GerryL
Thu May 20, 2021 1:45 pm
Forum: Investing - Theory, News & General
Topic: SPIA - Why ?
Replies: 73
Views: 6992

Re: SPIA - Why ?

I would get a SPIA to fill any gap left by my regular income (e.g., SS) for my basic needs. I took two tiny retirement plans as annuities and had planned to take my company's profit-sharing plan as an annuity. When I did the math, I realized that by the time I started collecting SS, that benefit alo...
by GerryL
Thu May 20, 2021 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: What do you value most? - Salary, Cash Bonus, Deferred Bonus, Equity
Replies: 79
Views: 5046

Re: What do you value most? - Salary, Cash Bonus, Deferred Bonus, Equity

Depends on how it shows up on your W-2. I would want the compensation that increases my annual salary and thus future SS benefits.
by GerryL
Wed May 19, 2021 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Travel Insurance
Replies: 7
Views: 816

Re: Travel Insurance

Hi Bogleheads! Any suggestion for the best travel insurance we can get for international travel for a family (all adults)? Chase Sapphire Reserves offers $1M travel accidental coverage and $100K for transport, however it doesn't look like they offer much in terms of medical insurance (only "up...
by GerryL
Tue May 18, 2021 3:58 pm
Forum: Personal Investments
Topic: Losing Motivation to Invest - Anyone Relate?
Replies: 89
Views: 11084

Re: Losing Motivation to Invest - Anyone Relate?

Another way of saying what I tried to say in my last post- "Nobody laying on their death bed ever wished they had put in more hours at the office" Just to play devil's advocate, the guy dying under a bridge because he's freezing to death MIGHT wish that. I frequent a Facebook forum where ...
by GerryL
Mon May 17, 2021 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: MEDICARE & Health Savings Accounts
Replies: 2
Views: 450

Re: MEDICARE & Health Savings Accounts

If you work for a large company, your health insurance coverage should protect you from penalties for not signing up for Medicare. In fact, if you are on a high-deductible plan you should not sign up for any part of Medicare. Enrolling even in the "free" Part A will disqualify you from mak...
by GerryL
Mon May 17, 2021 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: skip Medicare B and D?
Replies: 38
Views: 4220

Re: skip Medicare B and D?

I apologize if this has been addressed before. We haven't retired yet and are covered through employment so this is all hypothetical. I have two potential issues with paying for Parts B and D: (a) We might move abroad for extended periods, but want to keep open the option to return (b) We are fortu...
by GerryL
Mon May 17, 2021 5:18 pm
Forum: Personal Investments
Topic: Losing Motivation to Invest - Anyone Relate?
Replies: 89
Views: 11084

Re: Losing Motivation to Invest - Anyone Relate?

OP, It was the late 1980s. I was approaching 40 and, after years of bouncing around, I was seriously thinking about buying a house, but interest rates were very high and I was living in an expensive area, so I had little chance of becoming a homeowner. Still, I knew I should be thinking about my lon...
by GerryL
Sat May 15, 2021 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: 2021 QCD at Vanguard
Replies: 59
Views: 3958

Re: 2021 QCD at Vanguard

Can I have Vanguard send the QCD check to me directly? Almost all of the qualified contributions we make are online. I can save the confirmations I get from the charities as back up along with a copy of the check. Anybody does this? Vanguard sends the check, made out to the charity you designate, t...
by GerryL
Fri May 14, 2021 6:40 pm
Forum: Personal Investments
Topic: What's Your Rebalancing Workflow?
Replies: 31
Views: 3058

Re: What's Your Rebalancing Workflow?

My accounts are consolidated at Vanguard. I rebalance in my tIRA around the beginning of the year when I move my RMD into the IRA cash account. My Roth is all international stock fund. My taxable is in a 60/40 balanced fund, so no need rebalance since that is my basic AA. I use the Vanguard scenario...
by GerryL
Thu May 13, 2021 6:49 pm
Forum: Personal Consumer Issues
Topic: how much is integrity worth?
Replies: 25
Views: 2467

Re: how much is integrity worth?

I've never come face-to-face with that big of a mistake, but I have the following personal rule: If I see that I am being overcharged, I point it out and make sure the problem is corrected. If I see that I am being undercharged, I point it out. If the clerk/cashier doesn't want to hear it and gets s...
by GerryL
Thu May 13, 2021 6:45 pm
Forum: Personal Consumer Issues
Topic: Best time to buy tires
Replies: 36
Views: 2567

Re: Best time to buy tires

Here in Oregon, February used to be the best time to buy tires at Les Schwab. They had an annual promotion in which you'd get a meat (sausage) platter with each purchase of 2 or 4 replacement tires. I think that ended when Les died. The family-owned business has recently been sold to an investment f...
by GerryL
Wed May 12, 2021 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Adding Medicare Part B (already have Part A)
Replies: 9
Views: 753

Re: Adding Medicare Part B (already have Part A)

I am avoiding Medicare Advantage like the plague. It looks like Medigap Plan G is the way to go now. Be sure to consider whether G high deductible might work for you. I am 72, and my G-HD premium is <$50. Part D plan is <$7. So, with the Medicare Part B premium I am paying only ~$200/mo for healthc...
by GerryL
Wed May 12, 2021 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Adding Medicare Part B (already have Part A)
Replies: 9
Views: 753

Re: Adding Medicare Part B (already have Part A)

I am avoiding Medicare Advantage like the plague. It looks like Medigap Plan G is the way to go now. Be sure to consider whether G high deductible might work for you. I am 72, and my G-HD premium is <$50. Part D plan is <$7. So, with the Medicare Part B premium I am paying only ~$200/mo for healthc...
by GerryL
Wed May 12, 2021 1:24 pm
Forum: Investing - Theory, News & General
Topic: Can A Stock Go To Zero?
Replies: 23
Views: 1664

Re: Can A Stock Go To Zero?

Yes. Happens more often than you think. We call it uncompensated risk for individual stocks. A good example is when GM went bankrupt. https://www.usatoday.com/story/money/columnist/krantz/2013/04/30/gm-general-motors-liquidation/2097515/ Right, the company declares bankruptcy, existing shareholders...