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I’m in agreement that the POA ends on death…but I’m not an attorney…..I wonder if she was taking monies over time….some folks are greedy… I would get a lawyer if you want to the executor….. Good luck.

I use the bucket approach, but I have modified it to work for me. About 60% of my monies are in dividend and growth stocks. About 20% is in funds that are 50% bonds at 50% stocks. The remaining 20% is in money market funds with some in certificates of deposit. Currently, I have my dividends...

After having 2 freezers die while we were away, we are now planning to buy a new one, when this one is 7 years old. This based on how long the other two lasted. We may purchase a new fridge at 10 years also for similar reasons. Other appliances are less dire for us to replace. Typically we’ll...

We went through this exact discussion earlier this year. We live in Florida for the past eight years, where every other commercial is lawyers telling you to call them in the case of an accident. What we have seen from our own experience, and what we have seen happen to our friends, is when...

Also feel they are political. They pretend they’re doing you a favor…. *If you don’t think they’re political, you probably agree with their politics, so you don’t notice it. ;)* But their Medicare supplement (which is United Healthcare) was great for my Parents. The had it for 30 years, both...

We lived in a house for several years and dutifully changed the smoke detector batteries yearly. A few years down the road we heard chirping in finished basement but we had changed the smoke detector battery so it made no sense. A couple of days later I went into the furnace room to change the...

If I gave you the percentage of SWR you might think we’re crazy. We have a huge vacation fund that we put together prior to retirement. It’s basically separate from all our other expenses. We hope we stay healthy enough to spend it all. So I agree with the person who said it doesn’t matter...

Interesting phases. Not sure that I agree with all. That feeling lost happens very early for some folks. Quite a long time ago I heard the expression that retirement is three phases, Go-Go, Slow-Go, No-Go. I like these because I think they’re simpler, and I watched my parents go through them...

I am so happy for you. I know the feeling. In my last job before retiring, I was only there for 12 months when the company was bought out. Things started to change for the worse as people worried about their jobs…..then my boss, who was out of state, started transferring many of my...

We don’t advertise what we have. But we travel a lot more than our friends, so they know we have some means. We specifically don’t tell them when we upgrade our flights or cruise cabin, or stay at nice hotels because that’s more info than they need…. Regarding sharing info with our son, he...

I only have one son. First thing was teaching him about the value of money and letting him make his own decisions. At five years old I gave him an allowance that was equal to his age. So five dollars at five years, six dollars at six years etc. I let him blow it every week and did not give him a...

I’m not sure if anybody else suggested this, but doing the transatlantic cruise one way, and flying first class/business class the other way, AND buying your air tickets through the cruise line. We have cruised several times in Europe, and we’ve always bought our business class tickets through...

Just a comment. A good friend of mine actually had this happen to them. They were hit broadside by a driver who was not paying attention. Their medical bill total was about 50k based on a medicare rates. The driver was insured for 100 k. The lawyer recommended asking for the entire...

Most likely if you don’t get anything from the book, you already are living the lifestyle. It’s a good primer for those who have no financial understanding and live paycheck to paycheck and have debt.

With all respect, you do not know my situation or my risk. Also, I have seen that lawyers DO ascertain the liability limits and based their decisions on that amount. It’s not about the premium. You are correct, the up charge is minimal. I am confident this was good advice for me. It may not...

My new agent said essentially the same thing. Lawyers typically find out your insured limit and work with that number. So we lowered our limit to 1 M.

Have you looked at https://www.best-place-to-retire.com/places-to-retire-quiz ? It might be a good place to start. After you have some choices, Definitely try visiting/staying there for a bit to see if it works for you. Don’t make a decision too fast...take your time...

We are also waiting since Feb 20. We thinks it’s due to a reconciliation on our 1040 to get the 2020 stimulus. Our 2019 return had us over the limit, which although an anomaly, prevented us from getting the checks. Since our 2020 income was within the limit, we are owed those monies, upping...

We’ve been in FL since 2014. When we moved, we kept Amica, which we had had for 30 years in NJ. Our insurance doubled. So then we priced USAA. It was basically the same price. We truly had sticker shock. We paid the crazy rates for a couple of years. After speaking with neighbors, we went...

Only you can decide if you need a CPA or not. Ignore those who try to convince you that you should do your own tax returns.......just because it’s cheaper.....to each his own..... Re CPA fees....we moved from NJ to FL and expected a huge drop in fees, but it wasn’t much...We are paying a bit...

We had a similar situation. Not the same bank balance, but more than enough to FIRE to a comfortable life full of the good things...DH was not convinced. I showed him the spreadsheets, did the FIRECALC, but he was just not ready. So I retired and he kept working. I found my own daytime...

As already touched on, will the person or company still be there in 15 years..here’s my true story.... I did exactly what you were looking at when I was 55. This was supposed to be a less stressful the job, 25% pay cut, closer to home, etc. etc. When I took the job, they gave me a very generous...

DH wanted to take lessons 20 years ago. We did, but never practiced, so we didn’t learn much. Fast forward to 2016 when we were both retired and there were ballroom lessons locally that were reasonable, coupled with dances where we could actually do the dances we learned. It was never easy...

Typically I do all transactions online, so no problem. Last month I needed to do something different, so after 20 minutes on hold, I was told to write a letter and upload it. No problem, letter done and uploaded. Response email says they will get back to you by email. Waiting for over a...

Finally seeing progress I checked today and our refund has finally been processed and approved, (which was submitted mid March)... 4.5 months to process. Hoping to see it in our account the end of next week... :dance: