Recent content by Imackenzie

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    Wow - complete disregard for decedent

    POA's die with the subject of them--they are invalid after death The Power of Attorney is void the minute he died. Probate and the Will rule. Make sure to gather every scrap of paper he had. Money brings out the very worst in some family members--seemingly always at least one. Certainly was my...
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    Do I have Sucker on My Forehead

    He'll calm down. Give it time. He's a puppy. That's what puppys do. Pitties actually get very lazy after a couple of years. Don't worry--enjoy the love! And don't let them on the bed...we made that mistake. Now she makes tiny pitiful cries if we don't:)
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    Taylor Swift

    The only time I rmember "Time" still exists. I'd like to know who actually gets or reads Time or Newsweek anymore. I don't even see it in the dentist's lobby.
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    Poll: Have you had Covid?

    Often, you can't even tell. Flu? Bad cold? Covid. I had the original and it wasn't pleasant--just like the one time I had the flu. They made me get the vaccine anyway--should have just said no, but I wanted to travel. Even with the vaccine (which turns out to do very little--sort of like the...
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    What you actually spend vs planned to spend in retirement

    Way more... I have been spending way more--probably 25% more than I expected over the last seven years. Mostly it comes down to travel because I realized when I retired at 59 that there are only so many years left when I could hike the Inca Trail, hike and bike in Iceland and go on safari in...
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    POLL: How do you rank yourself as an investor?

    Just terrible cause I know too much I spent 30 years as a reporter and editor covering financial services and the more I learned the more I realized that the "experts" were full of it. Modern Portfolio Theory? A joke, seriously, at least from an individual investor perspective. The "geniuses"...
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    How much does it cost you to run your home (2022)? - See first post for criteria.

    Almost the same--but doesn't coun t the big lumpy house repairs Like my title says--the same but I have been hit over seven years with an8K furnace, 3K in irrigation repairs, etc.
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    RMDs are they really something to worry about?

    Good point! I didn't know that because when I looked into it I was planning to quit so it never came up. Every time I think I know what I'm talking about when it comes to taxes, some other subsection bites me!
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    RMDs are they really something to worry about?

    Don't forget it's actually age 55 for 401(k) plans, not 59.5 like IRAs.
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    Role of Financial Consultant at Discount Brokerages

    They are not fiduciaried--they are b/d/ reps. Never take advice from these people.
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    "authorized user" on a credit card and holder does not pay it.

    "Authorized users receive credit cards that are connected to the primary cardholder's line of credit, but they are not responsible for paying off the charges they make on those cards. The person whose name is on the credit account is fully responsible for all charges made to the card.Jun 20...
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    Plug-In Hybrid Electric Vehicles (PHEV)

    Just get a good hybrid. My Ford Maverick truck gets over 41 mpg and cost me 27K to drive off the lot (and not bottom of the line.) Since you are in no hurry, order it from Ford and wait 10-12 months. The dealer can't charge you a dime over MSRP that way.
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    Home Owners Insurance

    This is baloney from the insurance department--big surprise, its Cali. If the company has huge losses and asks for an increase above what some elected bureaucrat thinks is OK, they go through a ridiculous public comment procedure that takes up to 18 months with no guarantee they get wht they...
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    Inventorying "stuff"

    Easy to do--but first weight the by gram (your kitchen scale will do) and look at the current per gram price online. Then when you get an offer, if it is less than 80% tell them to take a hike. 80% is fine--they have to make money too. There are reputable (sort of) companies online that will...
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    How should this inheritance be handled?

    Common law... He is almoat certainly considered her common law husband in almost every state and has a right to inherit. Hire a real lawyer, now.
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