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Forum: FIRE Related Public Policy 04-16-2018, 10:48 AM
Replies: 67
Views: 3,462
Posted By Spock
I think one misconception is that the ACA is for...

I think one misconception is that the ACA is for helping the "needy".
One needs to have an income, and not just an income but 133% of the poverty level to get an ACA subsidy, no income or income...
Forum: FIRE and Money 04-16-2018, 09:43 AM
Replies: 164
Views: 11,045
Posted By Spock
For me its not a matter of WR, its comparison of...

For me its not a matter of WR, its comparison of the area under two curves.
If I start SS at 62 vs. 70, it would take until age at least 78 for a delayed SS start to break even.... thats 16 years of...
Forum: FIRE and Money 04-16-2018, 09:26 AM
Replies: 18
Views: 1,011
Posted By Spock
This isn't a matter of the lawyer not explaining...

This isn't a matter of the lawyer not explaining equity stripping.
The appt was for drawing up a POA. At the close of the appt, the lawyer gave out suggestions to be researched (homework) before...
Forum: FIRE and Money 04-15-2018, 10:44 AM
Replies: 18
Views: 1,011
Posted By Spock
Asset protection: equity stripping?

My 80-something year old dad is starting to make some poor choices... like driving while on opiates after joint surgery.
All the professionals (social workers at the hospital and rehab center) say...
Forum: Other topics 03-26-2018, 09:27 AM
Replies: 21
Views: 1,120
Posted By Spock
I must be the only one that hated my FoodSaver. ...

I must be the only one that hated my FoodSaver.
Bought it at Costco. This model required that you jam the bag plastic through a slot far enough to trigger the vacuum. That made for a LOT of...
Forum: Other topics 03-24-2018, 04:53 PM
Replies: 50
Views: 2,937
Posted By Spock
Thats pretty much it. Early years we couldn't...

Thats pretty much it. Early years we couldn't save as much. Lost $ on the first 2 houses we owned, etc.
The spreadsheet numbers are:
savings = 11.5x last annual gross income, 40x annual spend...
Forum: FIRE and Money 03-24-2018, 03:08 PM
Replies: 9
Views: 724
Posted By Spock
Gun shy on an audit. I had a nonsensical audit...

Gun shy on an audit. I had a nonsensical audit several years ago with an IRA roll over.

The story (skip if you don't like stories):
5 trips to the local IRS office, 5 rejections of the...
Forum: Other topics 03-24-2018, 12:34 PM
Replies: 50
Views: 2,937
Posted By Spock
I'm one of the IBM forced retirees that supplied...

I'm one of the IBM forced retirees that supplied info to the article (not saying it was used in the article, just participated in the info gathering process).

My last day was 21 months ago and I...
Forum: FIRE and Money 03-24-2018, 11:30 AM
Replies: 9
Views: 724
Posted By Spock
Adding explanations to a 1040

Background:
I've got a twist in my taxes after transitioning from COBRA to ACA mid-year.
ACA kept wanting more income doc, etc. to prove I was qualified. No problem. But it went kinda...
Forum: FIRE and Money 03-24-2018, 10:45 AM
Replies: 17
Views: 1,377
Posted By Spock
This is gold. I'd been plugging through this...

This is gold. I'd been plugging through this with TaxAct (being in significantly lower brackets TA found me a boat load of credits I wasn't aware of last year). By going back to the DIY forms and...
Forum: FIRE and Money 03-21-2018, 03:45 PM
Replies: 17
Views: 1,377
Posted By Spock
That is true for going OVER your income and not...

That is true for going OVER your income and not longer qualifying for a subsidy... but I've not seen anything about having too little income at the end of the year.
And there are caps on the...
Forum: FIRE and Money 03-21-2018, 03:39 PM
Replies: 25
Views: 1,952
Posted By Spock
maybe i read it to fast, but i don't see where...

maybe i read it to fast, but i don't see where you were out anything other than some moments of heart burn.
You liquidated CDs early thinking you'd need a 200K loan.
After the panic and talking...
Forum: Hi, I am... 03-21-2018, 03:28 PM
Replies: 36
Views: 3,276
Posted By Spock
I think what you meant was NOT to take the income...

I think what you meant was NOT to take the income leveling pension option and to instead take the regular pension. The "leveled" pension is the one that keeps her income level by jacking up for a...
Forum: FIRE and Money 03-21-2018, 03:08 PM
Replies: 17
Views: 1,377
Posted By Spock
LAST years income too low for ACA...

I planned my 2017 MAGI income to qualify for ACA for the last half of 2017 (COBRA for the 1st 5 months).
While doing my 2017 taxes I found out, since I was on a high deductible COBRA plan for the...
Forum: FIRE and Money 03-15-2018, 12:48 PM
Replies: 61
Views: 4,554
Posted By Spock
Long ago a coworker who had been vocal about...

Long ago a coworker who had been vocal about having difficulty making ends meet suddenly showed up in a brand new upper end vehicle. When asked what he paid for it his reply was "I didn't pay...
Forum: Life after FIRE 03-14-2018, 02:05 PM
Replies: 21
Views: 1,266
Posted By Spock
There was an episode on Drugs Inc that followed ...

There was an episode on Drugs Inc that followed
Junkies going to a store (several stores a day... $300 habit), pick up some merchandise, and go straight to the return desk with it.
It wasn't...
Forum: Travel Information 03-14-2018, 01:54 PM
Replies: 34
Views: 1,152
Posted By Spock
I've done a couple of 4-5K mile cross country...

I've done a couple of 4-5K mile cross country trips, but I've never been able to make the concept of camping on a motorcycle work for me
*no room for camping gear (no trailer), food, etc
*no time...
Forum: Other topics 03-14-2018, 01:39 PM
Replies: 101
Views: 5,962
Posted By Spock
I'm going through the same thing with my 83yo...

I'm going through the same thing with my 83yo father.
Its not a simple matter of "growing a pair".
Everyone hopes their parents will be reasonable and logical... agreeing calmly when it's time to...
Forum: Health and Early Retirement 03-03-2018, 02:08 PM
Replies: 29
Views: 1,811
Posted By Spock
As stated earlier, you can not quit COBRA any...

As stated earlier, you can not quit COBRA any time you want to start ACA. I was on 18 months of COBRA, 12 months subsidized, 6 months full rate/unsubsidized. You can transition off COBRA onto ACA...
Forum: FIRE and Money 02-17-2018, 10:10 AM
Replies: 18
Views: 1,018
Posted By Spock
I'm very new to DST's (this is only the second...

I'm very new to DST's (this is only the second time I've heard them mentioned).
What's the value of a DST over a REIT?
Forum: Other topics 11-25-2017, 12:54 PM
Replies: 75
Views: 4,296
Posted By Spock
Having worked in IT my entire career, I can...

Having worked in IT my entire career, I can attest to being despised as I aged.
Its not like I went stale... I had a major patent filed the same month I turned 55, but I was out the door one month...
Forum: Life after FIRE 11-20-2017, 02:08 PM
Replies: 74
Views: 5,735
Posted By Spock
Running away from all stress just lowers your...

Running away from all stress just lowers your sensitivity to what you find stressful.

I fully understand avoiding the news to avoid stress... I do it myself. But it needs to be balanced else as...
Forum: Other topics 11-20-2017, 07:06 AM
Replies: 25
Views: 1,076
Posted By Spock
When I worked on fuel control systems for...

When I worked on fuel control systems for business jets, the industry joke was:
In the future cockpits will be designed to have a human and a dog.
The humans job will be to feed the dog.
The dogs...
Forum: FIRE and Money 11-18-2017, 10:17 AM
Replies: 65
Views: 4,647
Posted By Spock
Reading between the lines, the parents were...

Reading between the lines, the parents were anticipating medicaid coming after their assets to reimburse for medicaid paying for their eldercare,
So grant the parents wishes by placing them in a a...
Forum: Young Dreamers 11-14-2017, 04:55 PM
Replies: 13
Views: 4,056
Posted By Spock
this is going to sound cynical, but since you're...

this is going to sound cynical, but since you're in tech...
first look around your office and count how many people are "over 50" (or over 45) as a % of the total, then swag the odds of your being...
Showing results 1 to 25 of 69

 
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