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+1 Much consternation over nothing. Liquidate and split the proceeds as dictated by the legal organization documents.

Well, you can purchase services at either Schwab or Fidelity equivalent to Raymond James or Edward Jones if you need/want them. As a long, long term Schwab customer, I'll say that they DO NOT offer complete and convenient transaction services at their branches. For example, if you have cash...

Sure, many times. It's a must if you want to participate in the LTCI vs. self-insure discussions. I just used FireCalc. The potential expenses and the length of time can vary extensively so it's a crap shoot and you can only plan for the worse. Don't expect a narrow range of outcomes. We're...

We pay cash at restaurants most of the time. It takes less time, especially if you're with a group where each couple has their own check and are using CC's. And there is zero chance of surprise fees or changes to the tip. Usually we've said goodbyes and wandered towards our car by the time...

I found that the transaction fee normally charged for buying Vanguard funds and the fee charged for placing trades with a broker over telephone can be negotiated. I suppose the "big players" can negotiate much more.........

Not new, but not good.

I'm surprised at this, but my experience was with Schwab and not Fidelity. Schwab will accept and hold Vanguard funds. (Close to half of my Schwab holdings are Vanguard MF's.) And it's easy to negotiate zero transaction fees for Vanguard MF's held at Schwab. You just have to call and ask...

+1. Yep, the level of inflation we've experienced in recent years really screams out that we need to talk about things like net worth in "real" terms.

Both are deceased now but they were approximately the same age. They were together from approximately 70 to 83 years old when my dad died. He left her about 10% of his small estate and I got the rest.

The concept I try to keep in mind as DW and I pass further and further into geezerhood is to remember to reward those who help you in this time of need. There is no need for "equity" in planning for inheritances. Reward those who are there for you.

There ya go! My dad followed that route and it worked out very, very well. They lived separately but saw each other most everyday. She planned their social calendar: bridge club, boating club outings, etc. He picked up most of the tabs for their nights out, wine and booze kept at her house...

The Friendship Village scenario was an eye-opener for us and taught us a lesson on how deep your deep-dive must be while researching these places. I've followed the bankruptcy with great interest over this past year or so. It turns out the deposit money was considered unsecured debt and...

On the 1099 you get from Schwab, does it say "Taxable Amount Not Determined?" And you provide the information to your tax software to separate the taxable and non-taxable portions?

Why do you think it'll be 32 months next time?

F is grandfathered for life for us geezers who already had it when new subscribers were not longer allowed.

How does Vanguard distinguish between checks written as a QCD and those you write to pay something not qualified as a QCD? The name of the payee may not be a good indicator in some cases.

This is the part I've been confused on. Thanks for the clear explanation!

+1. See my post #14.

What you intend and how you come across seem to be drifting apart………. End of discussion! 😉

You may find that without the diagnosis some of your DW’s blood work or other tests are not covered by Medicare. Screening tests frequently aren’t. But paying for these things yourself is the right thing to do so report and show this doc you want things done the right way. Sadly, physicians...

The bottom line to OP’s situation is “precedence.” Management will cringe if anything they do for OP might become an expectation of others. I would have never done a “special” package for one voluntarily exiting employee without expecting I’d be under pressure to do the same for others.

My DS just got $1200 for moving about a half million from his Voya 401k account to an existing Schwab rollover IRA. No strings attached. The money was added to his Schwab account 3 days after the transfer to invest as he pleased.

I've been noting lately that having plenty of money solves a lot of issues........

I was reminded of tax implications of unrealized capital gains while doing our taxes this year. I have several long-time MF holdings that I'd like to roll into a single mutual fund but they all have substantial LTCG's (at least 80% LTCG in each). Selling and consolidating would cost me 15% of...

We haven't traveled the length of the River Road, but we do camp regularly at COE parks adjacent to some of the lock and dams in Illinois and Wisconsin. So, we know that 150 mile (or so) stretch very well. Savannah, Illinois is a fun little town with a lot to offer. And if you don't mind...