Recent content by creekstone

How financially savvy is this relative? How much hand holding will they need (up front and ongoing)? Do they have enough discipline to implement a plan themselves or do they need someone to do that for them?

Just to stir the "age" pot... Proposition 13 on the upcoming Texas November Ballot: Voters will decide whether to raise the mandatory retirement period from 70-75 years old to 75-79 years old for justices and judges on appellate, district and criminal district courts.

Mike Piper posted a related topic to his blog yesterday:https://obliviousinvestor.com/checking-out-an-investment-adviser-form-adv-part-ii/ He groups advisors into three categories: Those that are “advice-only” (i.e., they provide planning but do not actually manage the client’s portfolio)...

If you have a pretty good grasp of investing and a Boglehead approach, there are low cost online/teleconference options to have someone look over your shoulder, make suggestions, and help you figure out some of the what ifs. I use one that after the initial fee (it was less than $200 at the...

I had a robotic prostatectomy at age 53. Like ImThinkin2019, I stayed overnight in the hospital and went home the following morning. It was a piece of cake; less traumatic and painful than the in-office biopsy. I didn't need any of the painkillers offered, had a catheter for a week, and was...

I could use some help understanding our health coverage options. I am retired and will turn 65 in August. My wife intends to retire at the end of the year at age 59. Currently we have health coverage from her employer. Medicare: My current thinking is to get on Medicare as soon as I'm...

Is it possible that not everyone sees the same CDs on Vanguard? For example, your state of residence might impact what is available?

+1 There's no hand holding. You have to have some idea of what you're doing and also input/maintain the eMoney data. But if you want someone to look over your shoulder, make suggestions, and check your math, they are great. The eMoney reports are fantastic. Heck, I'd pay the monthly...

T-Mobile recently bought Mint. Mint runs on the T-Mobile network. https://www.mintmobile.com/unicorn/ We were with T-Mobile for years. Direct debit from our main account with no issues. Switched to Mint to same some money. We pay $30 per month for two lines. Yes, $15 per line. Bring your...

It's interesting that your advisor is having you input your data into eMoney. Most AUM fee-based advisors will have you fill out their forms and input the data themselves (so you don't see behind the curtain). I use eMoney in conjunction with a low-cost advisor. I also had to input all my own...

Thanks for this!

Here's another disadvantage... you can't set up a beneficiary.

As I understand it, the assets to be distributed are: $330k House $380k Cash & Mutual Funds $1m IRA You stated the IRA had a specified beneficiary split. What is it exactly? The cash and mutual funds don't have beneficiary designations? And lastly, who is currently paying for the house...

What is the process for adding a beneficiary?

I looked at her site and the going rate for the newsletter is $199/yr. Did you get a discount or has her rate increased?