Search found 1629 matches

by Sandi_k
Sat Apr 17, 2021 2:50 pm
Forum: Personal Consumer Issues
Topic: Any Recommendations for Travel Insurance?
Replies: 7
Views: 626

Re: Any Recommendations for Travel Insurance?

@ResearchMed - thanks for the thorough post. Yes, we are looking at the CFAR policies, because: 1) Covid. We had a bucket list trip planned for December 2020, and we got hosed on a cruiseline refund that refused to give us back our deposit money - instead, they applied it to a future booking, only g...
by Sandi_k
Sat Apr 17, 2021 1:11 pm
Forum: Personal Consumer Issues
Topic: Any Recommendations for Travel Insurance?
Replies: 7
Views: 626

Re: Any Recommendations for Travel Insurance?

gtd98765 wrote: Sat Apr 17, 2021 8:47 am There are several threads on this in the last year or two. Just put "travel insurance" in the search box at top right and you will find them.
I have, and many are now not relevant due to Covid.
by Sandi_k
Sat Apr 17, 2021 1:45 am
Forum: Personal Consumer Issues
Topic: Anyone buy a Toyota Rav4 Hybrid recently?
Replies: 23
Views: 2391

Re: Anyone buy a Toyota Rav4 Hybrid recently?

I bought a 2019 RAV4 hybrid. Toyota doesn't let you "build your own" so much any more. And different regions get different package combos. I went outside of the NorCal region to find the Red one I wanted, with the panoramic moonroof that meant it was built in Japan instead of Canada. So we...
by Sandi_k
Fri Apr 16, 2021 3:01 pm
Forum: Personal Consumer Issues
Topic: Any Recommendations for Travel Insurance?
Replies: 7
Views: 626

Any Recommendations for Travel Insurance?

Hi all: We are planning an anniversary trip for November 2021. It's a "significant" anniversary, so we're looking to go somewhere nice - i.e., more expensive than we might otherwise plan to do. We have not had great luck with trip insurance in recent years; one only allowed "credit&qu...
by Sandi_k
Thu Apr 15, 2021 6:08 pm
Forum: Personal Investments
Topic: Fired Financial Adviser - need advice for 70 yo mother
Replies: 46
Views: 3465

Re: Fired Financial Adviser - need advice for 70 yo mother

Thank you for your reply. However, we are interested in using the Boglehead method of index mutual funds instead of ETF's, as that's what many on here recommend. My mom is not opposed to growth, but we'd like to stop the unnecessary bleeding from the high fees and complicated mutual fund investment...
by Sandi_k
Thu Apr 15, 2021 12:28 pm
Forum: Investing - Theory, News & General
Topic: Bonds as ballast and a rising Glide path
Replies: 29
Views: 2084

Re: Bonds as ballast and a rising Glide path

I see a "rising equity glide path" as a fancy way of saying "bucket strategy." So I set a bound of what I NEED. For us, that means 10 years in cash, TIPS, and GNMAE funds. (I am currently estimating between $40k to $50k per year). That gets us both to 70, with COLA'd pension and...
by Sandi_k
Thu Apr 15, 2021 12:26 pm
Forum: Personal Investments
Topic: Fired Financial Adviser - need advice for 70 yo mother
Replies: 46
Views: 3465

Re: Fired Financial Adviser - need advice for 70 yo mother

I mentioned that, too - and OP says "The inherited IRA has all the equities from my father, listed above, plus excessive mutual funds." - so they can be liquidated with no concern with step up basis or taxes. another unaddressed area of the initial post when did he pass away? what type of ...
by Sandi_k
Thu Apr 15, 2021 12:17 pm
Forum: Personal Investments
Topic: Fired Financial Adviser - need advice for 70 yo mother
Replies: 46
Views: 3465

Re: Fired Financial Adviser - need advice for 70 yo mother

Again, I would sell everything in the tax-deferred accounts. And then decide on an asset allocation. You're trying to balance between safety and growth, so I would be totally fine if you invested in a classic 60% stock/40% bonds ETF once the portfolio is simplified. It doesn't seem as if you're tryi...
by Sandi_k
Thu Apr 15, 2021 11:39 am
Forum: Investing - Theory, News & General
Topic: Bonds as ballast and a rising Glide path
Replies: 29
Views: 2084

Re: Bonds as ballast and a rising Glide path

I see a "rising equity glide path" as a fancy way of saying "bucket strategy." So I set a bound of what I NEED. For us, that means 10 years in cash, TIPS, and GNMAE funds. (I am currently estimating between $40k to $50k per year). That gets us both to 70, with COLA'd pension and ...
by Sandi_k
Thu Apr 15, 2021 11:17 am
Forum: Personal Investments
Topic: Fired Financial Adviser - need advice for 70 yo mother
Replies: 46
Views: 3465

Re: Fired Financial Adviser - need advice for 70 yo mother

Everyone is so focused on the annuity that the rest of the portfolio is lagging commentary. Unfortunately, your posting doesn't list which holdings are in which type of account. You note, aside from stocks: ETF's - these are fine. Low expense ratios, not something that is urgent to change. ****** Sc...
by Sandi_k
Wed Apr 14, 2021 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 20899

Re: For those retired or FI, how much do you spend annually?

This has been a great thread. I was thinking the following which is $111,400 per year but would love feedback. $7,2000 Car gas/maintenance (a little more than what we spend now) $6,240 Gardening/Home Cleaning (about what we spend now) $2,160 Cellular Bills (about what we spend now) $15,000 Vacation...
by Sandi_k
Wed Apr 14, 2021 10:40 pm
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 188
Views: 19175

Re: Did you move for better weather? Did you regret it?

Native Californian here. - Grew up in San Bernardino/Inland Empire. High desert, 120 temps in the summer, fantastic summer nights. - Moved to Santa Barbara. Moderate temps all year round, but cold and foggy in the summer. - Moved to the Bay Area for college. Rainy and cold in the winter. Ick. - Mov...
by Sandi_k
Sat Apr 10, 2021 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 20899

Re: For those retired or FI, how much do you spend annually?

Escapevelocity wrote: Wed Apr 07, 2021 7:24 am
$40K tax on a pension???? How much is the pension $200k?
24% federal and 9.3% state = 33.3% - so $40k tax = $120k. Simplified, but close, given investment income, too.
by Sandi_k
Tue Apr 06, 2021 12:42 am
Forum: Personal Consumer Issues
Topic: Toyota RAV4 Gas vs Hybrid?
Replies: 91
Views: 7095

Re: Toyota RAV4 Gas vs Hybrid?

My wife got the 2017 RAV 4 Hybrid Limited. It was $800 more than the Limited gas only model. Didn't require much thought. I have no idea if she has the gas tank issue as she doesn't drive that much. I'm going to try and forget I read that. The gas tank issue only occurs in the newest generation, wh...
by Sandi_k
Sat Apr 03, 2021 2:25 pm
Forum: Personal Consumer Issues
Topic: Any MPA Grads or Students? Advice.
Replies: 18
Views: 2981

Re: Any MPA Grads or Students? Advice.

@Countermoon, this is a zombie thread, but I'm a college administrator with experience of MPA and MPP degrees. The MPP is a traditional two year degree; the MPA is one year, with a grueling schedule. Both have core required courses, such as Quantitative Methods, Econ, Leadership, Government, Policy ...
by Sandi_k
Sat Apr 03, 2021 2:10 pm
Forum: Personal Investments
Topic: Good Pension and asset allocation
Replies: 31
Views: 2884

Re: Good Pension and asset allocation

I am in the same boat: a good pension, accumulated savings and two Social Securities. What was helpful in my planning was to construct a spreadsheet. Column A was Year: 2015, 2016, 2017, etc. Column B was my age on Jan. 1 of that year. Column C was expected gross income Column D was expected retirem...
by Sandi_k
Sat Apr 03, 2021 12:46 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 652
Views: 48253

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

It's sort of strange. We have given ourselves permission to spend more now but it's honestly been sort of hard as we're already pretty content and don't want to spend money just for the sake of it. We are planning to increase how often we have our home cleaned, eat out a little bit more often, and ...
by Sandi_k
Wed Mar 31, 2021 12:49 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 652
Views: 48253

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

Yes, the timing of the house purchase turned out to be quite good in hindsight. We just bought when it was finally affordable. The home cost $500k and we earned a combined salary of about $125k at the time. We put down 3% and our net worth at the time was in the five figures. Over the past 11 years...
by Sandi_k
Wed Mar 24, 2021 8:20 pm
Forum: Personal Consumer Issues
Topic: How much are your monthly total subscriptions?
Replies: 37
Views: 1654

Re: A lot

Bogle7 wrote: Mon Mar 22, 2021 12:03 pm Do the New York Times and the Wall Street Journal count as media entertainment?
If yes, then $330/mo
I hope you meant $330 per year for just those two....
by Sandi_k
Wed Mar 24, 2021 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Advice to friend?
Replies: 23
Views: 2048

Re: Advice to friend?

I have collected through the years various articles, spreadsheets, PDFs, images on fee impact, etc. I keep them in a Google folder. Every now and then, someone I know will say "Hey, I hear you're a finance nerd, can I pick your brain?" And I tell them that I will bore them to tears, no que...
by Sandi_k
Wed Mar 24, 2021 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversions
Replies: 19
Views: 1936

Re: Roth Conversions

Based on current rated, my RMDs will be taxed at 22%. Is this statement based on the balance today or what the balance my be in 13 years? You are asking the right question - do you really need to do Roth conversions? If your tax-deferred balance is not large enough to push you into higher brackets,...
by Sandi_k
Wed Mar 24, 2021 6:40 pm
Forum: Personal Consumer Issues
Topic: Help me DIY bath remodel
Replies: 51
Views: 2922

Re: Help me DIY bath remodel

We just did a small bathroom update. We purchased Kohler sinks, as we've always been happy with the quality of Kohler porcelain and the color range as well. We had a problem finding faucets that were: 1) one handled (two handled setups are annoying to me with soapy hands); 2) Not cheap looking (admi...
by Sandi_k
Wed Mar 24, 2021 5:57 pm
Forum: Investing - Theory, News & General
Topic: 4% rule disputed (Again??!!)
Replies: 421
Views: 29782

Re: 4% rule disputed (Again??!!)

In my case I'd prefer to start with something that has less of an chance of needing adjustment right off the bat. This is why I'm planning on "bands" for Years 1-5, 6-10, and 11+ - it gives me a dollar amount, like the Bengen rule, but I skip the inflationary amounts. I further add robust...
by Sandi_k
Mon Mar 22, 2021 11:57 pm
Forum: Personal Investments
Topic: Pre-retirement to-do list
Replies: 31
Views: 3552

Re: Pre-retirement to-do list

The Mr. Money Mustache Forum has a good pre-retirement thread:

https://forum.mrmoneymustache.com/post- ... checklist/
by Sandi_k
Sun Mar 21, 2021 1:41 pm
Forum: Personal Consumer Issues
Topic: Car suggestion for 70+ year-old mom
Replies: 160
Views: 8968

Re: Car suggestion for 70+ year-old mom

My mom drove a Buick for 18 years. Five years ago, I encouraged her to look at a Mazda Cx-5. She bought one, and *still* regularly exclaims how much she loves her car. - Slightly higher seat position is easier on her knees (both replaced surgically). - Higher loading platform for groceries is easier...
by Sandi_k
Sun Mar 21, 2021 12:21 pm
Forum: Investing - Theory, News & General
Topic: Alternatives to Portfolio Visualizer?
Replies: 5
Views: 957

Re: Alternatives to Portfolio Visualizer?

I've appreciated NewRetirement.com - you can create a profile and add complexity or edit features over time. It includes multiple income streams, including 1x events such as the sale of a house or an inheritance.
by Sandi_k
Sun Mar 21, 2021 11:26 am
Forum: Personal Consumer Issues
Topic: How to make strong coffee equivalent to Starbucks for cheaper?
Replies: 134
Views: 10565

Re: How to make strong coffee equivalent to Starbucks for cheaper?

You people are bad influences on my budget. I had an unused gift card for Amazon, so I found and purchased an inexpensive burr grinder (~ $50) as my old blade grinder was intermittently failing. After 2 weeks, I am really pleased with the results. The freshly ground beans result in a more mellow &qu...
by Sandi_k
Sun Mar 14, 2021 2:17 pm
Forum: Personal Investments
Topic: Help please. Being forced to retire early..
Replies: 87
Views: 10084

Re: Help please. Being forced to retire early..

Not true with my current employer. I get the pension, but not the healthcare coverage if I do not elect retirement upon separation. Sorry, I was not very clear with my post. I should have said: If your employer promises healthcare coverage at early retirement, depending on how that promise is worde...
by Sandi_k
Sun Mar 14, 2021 1:53 pm
Forum: Personal Investments
Topic: Help please. Being forced to retire early..
Replies: 87
Views: 10084

Re: Help please. Being forced to retire early..

I would look to get some clarification on these two statements which as I understand it would be illegal actions on the part of the company: I work for a fortune 30 Telecom company that is going to take my accrued retiree benefits away if I don't retire by the end of the year. Accrued and vested re...
by Sandi_k
Fri Mar 12, 2021 2:50 pm
Forum: Personal Investments
Topic: Help please. Being forced to retire early..
Replies: 87
Views: 10084

Re: Help please. Being forced to retire early..

I would look to get some clarification on these two statements which as I understand it would be illegal actions on the part of the company: I work for a fortune 30 Telecom company that is going to take my accrued retiree benefits away if I don't retire by the end of the year. Accrued and vested re...
by Sandi_k
Fri Mar 12, 2021 2:33 pm
Forum: Investing - Theory, News & General
Topic: Hitting your numbers. How to estimate when you have enough.
Replies: 175
Views: 20040

Re: Hitting your numbers. How to estimate when you have enough.

I look at two things: 1 - "enough" to last 35 years (not 30, as the 4% SWR was originally planned on), and 2 - Approximate cash estimate of $50k annually. Research shows that 3.5% WR means close to perpetual investment income; that means 28x expenses. And then I re-multiply, to start with ...
by Sandi_k
Fri Mar 12, 2021 2:18 pm
Forum: Personal Investments
Topic: Tools for optimizing Roth conversions?
Replies: 63
Views: 5515

Re: Tools for optimizing Roth conversions?

Note also that now with the Covid Relief bill passed, the ACA "subsidy cliff" is gone. New assessments are capped at 8.5% for tax years 2021 and 2022. So it might make sense to front load Roth conversions into 2021 and 2022 if you plan to use the ACA marketplace - REGARDLESS of if it pushe...
by Sandi_k
Tue Mar 09, 2021 11:13 pm
Forum: Personal Investments
Topic: Am I thinking about Roth correctly?
Replies: 22
Views: 3357

Re: Am I thinking about Roth correctly?

Thanks for the responses so far. Digesting them. Some answers to the questions: 1) I am married filing jointly. 2) I have almost no taxable account (although an inheritance may change that in the future). I do have Roth accounts - about $500K. 3) "you mean after retirement, presumably?" Y...
by Sandi_k
Tue Mar 09, 2021 11:10 pm
Forum: Personal Consumer Issues
Topic: Can anyone recommend a camera for me for these uses?
Replies: 10
Views: 1098

Re: Can anyone recommend a camera for me for these uses?

The only camera high quality enough for general purpose photography and waterproof I know about for under $500 is the highly rated Olympus Tough TG-6. I have the previous model 5 and am very satisfied with it. (My normal camera is a $2500 Sony mirrorless.) you should be able to find an inexpensive ...
by Sandi_k
Tue Mar 09, 2021 11:05 pm
Forum: Personal Investments
Topic: Tools for optimizing Roth conversions?
Replies: 63
Views: 5515

Re: Tools for optimizing Roth conversions?

For us, we have three foundational beliefs: 1) We need to move as much as possible from IRAs to Roth. 2) We need to do so before the year in which DH turns 63, due to IRMAA. 3) We need to do so before 2026, when tax brackets are set to revert to the old levels of 15%, 25%, 30% and 35%. So, we delaye...
by Sandi_k
Tue Mar 09, 2021 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 407
Views: 46815

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

Sure. But half of his SS is a drop in the bucket in comparison to everything else I mentioned. Survivor SS benefits from a divorced spouse are ALL the former spouses benefits, not half. You're confusing spousal benefits of non dead spouses. But it still sucks for second spouse to get so much. I'm c...
by Sandi_k
Tue Mar 09, 2021 4:26 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone have a coffee, macadamia nut, or avocado farm?
Replies: 26
Views: 2234

Re: Does anyone have a coffee, macadamia nut, or avocado farm?

I have family by marriage who have been growing avocados and citrus on a 10 acre parcel for 3+ decades now. It is not a money-maker, per se: it is an agricultural write-off on their taxes more than anything. Apparently the tax breaks are notable. Both of the couple have had outside jobs for actual i...
by Sandi_k
Tue Mar 09, 2021 2:21 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 407
Views: 46815

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

This is more like "How to disinherit your wife and children." Dad gets bored with Mom, his faithful, devoted wife of 25 years, and has an affair with Mom's Best Friend. Dad and Mom's Best Friend then divorce their spouses and marry each other. The second marriage goes south after the hone...
by Sandi_k
Mon Mar 08, 2021 1:25 am
Forum: Personal Investments
Topic: Father-In-Law Investment Advisor Search Advice
Replies: 7
Views: 897

Re: Father-In-Law Investment Advisor Search Advice

Rick Ferri might be another good resource.
by Sandi_k
Sun Mar 07, 2021 2:39 pm
Forum: Personal Consumer Issues
Topic: Estate (Home) clean-out after my parents passing - tips and best practices?
Replies: 53
Views: 5834

Re: Estate (Home) clean-out after my parents passing - tips and best practices?

Make sure you go through stuff looking for stashed cash. My husband's grandparents were married during the Depression, and they were frugal their entire lifetime. They also didn't trust banks. So they made sure to have cash on hand. Aside from the in-house safe, my MIL found cash sewn into hems of w...
by Sandi_k
Sun Mar 07, 2021 2:05 pm
Forum: Personal Consumer Issues
Topic: Helping my elderly mother
Replies: 25
Views: 1887

Re: Helping my elderly mother

Any chance that your father was active service military for 20 years or so? There is VA assistance for widowed spouses from active duty servicemen, as long as assets (aside from primary residence) is $60k or less. We found out about this through the county's elderly assistance website. Our liaison e...
by Sandi_k
Sun Mar 07, 2021 1:08 pm
Forum: Personal Consumer Issues
Topic: Lexus or Tesla?
Replies: 62
Views: 3144

Re: Lexus or Tesla?

I would buy a Lexus, simply because we live in an urban area, and fender-benders are not unusual. My understanding is that Tesla doesn't make body parts easy to get, and I've heard of owners waiting months for collision repairs. I drove a Lexus for a decade, so reliability and service is of high imp...
by Sandi_k
Sat Mar 06, 2021 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Coast to retirement jobs for 50-something
Replies: 41
Views: 5687

Re: Coast to retirement jobs for 50-something

Look for a finance job at your local state university. Finance is paid relatively well, and at the department or School level, it's very much a "leave your job at work" when you are clocked out. When asked why you're interested, talk about "25 years of corporate career focus" and...
by Sandi_k
Sat Mar 06, 2021 1:54 am
Forum: Personal Consumer Issues
Topic: Favorite All Inclusive Beach Resort
Replies: 23
Views: 2988

Re: Favorite All Inclusive Beach Resort

Current Favorite : Grand Velas, Playa Del Carmen https://rivieramaya.grandvelas.com/ We loved the Grand Velas in Puerto Vallarta/Riviera Nayarit. ProTip: Each room gets one bottle of top shelf liquor DAILY as part of the AI package. We got one rum and one tequila, and had happy hour on our balcony ...
by Sandi_k
Tue Feb 23, 2021 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Best decision(s) in your financial life
Replies: 167
Views: 13378

Re: Best decision(s) in your financial life

- Stayed with a job that has a classic pension. Based on the 25x multiplier, it will have a value of $3M+ when I retire at age 60, with full medical coverage for myself and spouse. - Started investing with my first job out of college; steady and consistent has made a big difference. - Bought a fixer...
by Sandi_k
Sun Feb 21, 2021 3:39 pm
Forum: Personal Consumer Issues
Topic: Personal finance program recommendation
Replies: 29
Views: 2102

Re: Personal finance program recommendation

I looked at the Personal Capital website and I don't get it. It looks like it wants to access all your financial websites and download data, something I would never let Quicken or any other program do. I'm perfectly fine just entering the data myself. And that's why I recommended ClearCheckbook.com...
by Sandi_k
Fri Feb 19, 2021 5:20 pm
Forum: Personal Consumer Issues
Topic: Personal finance program recommendation
Replies: 29
Views: 2102

Re: Personal finance program recommendation

We used to use ClearCheckBook.com - but we have complicated income and outgo, and I got tired of the double-entry bookkeeping. It is web based.
by Sandi_k
Thu Feb 18, 2021 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from Bay Area to LA Area - Best Value?
Replies: 114
Views: 8452

Re: Moving from Bay Area to LA Area - Best Value?

I have a gem of a place. But don't tell too many people about it. Belmont Shores, which is a neighborhood in Long Beach, CA. Check it out. Simply the best. -Path on the beach to walk or hike - goes all the way to the Queen Mary -Between LA and Orange County -Long Beach Airport is great, and LAX and...
by Sandi_k
Mon Feb 15, 2021 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from Bay Area to LA Area - Best Value?
Replies: 114
Views: 8452

Re: Moving from Bay Area to LA Area - Best Value?

I was born in SoCal, moved to Central CA as a teenager, and have now lived in NorCal for the past 20+ years. You do not want inland SoCal - Rancho Cucamonga will get HOT in the summer. LA is expensive, and if you expect to be able to have access to transit without sitting in your car for hours, you'...