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We're both in our 60s (me - early, wife - mid) and are getting increasingly uncomfortably holding equities - even at our current ~22% of portfolio. Largely because of current excessively stretched valuations and what I see happening in the economy - and also because an even 25% let alone 50%...

Hi, all..in the process of trying to open another MYGA and the broker's staff claims that the carrier (Nationwide) told them we need to provide a bank statement to "ensure funds availability" and "determine if an Annuity is the right investment for you". (That second part is really odd, as an...

Interested in everyone's take on recent forecast by the CBO (mentioned by Gundlach in the recent Yahoo Finance event) that over 50% of all tax receipts will be needed to pay JUST the interest on US debt by 2028. Gundlach also points out that 70% of all spending is Mandatory - i.e. SS...

Considering a Revocable Living Trust to hopefully simplify estate transition.. One thing I've run into is that Federal tax rates on income generated by a RLT and not paid directly to beneficiaries in the same tax year are way higher than the tax rates paid by individuals if the same assets were...

Why would we get a 1099-R (indicating a potentially taxable distribution) from an insurance carrier on a Multi-Year Guaranteed Annuity (MYGA) that we did a "free look" re-issue on? We bought a MYGA through BluePrint Income earlier this year, and the rate went up during the "free look" 30 days...

So wife applied for Medicare several days ago, as she turns 65 this week. She sees on the website that she's "accepted" as of 10/31/22. Great! From my reading here, I took that to mean I need to report a "Life Change" on the ACA website and take her off our plan. Wife says.."wait a sec..let...

Looks like we're back in the days of "stocks take the stairs up, and the elevator down". "Funny" how we hit the 200 DMA (actually, I think we went above it for a couple of minutes by a few points), then the trap door opened very shortly thereafter. But, nah...TA is voodoo, and algorithms...

For those who think we are "not in a recession" because NBER hasn't "officially" declared one... 1/13 Is Big Tech signaling a pending collapse in the office market, as well as the job market? Let's explore; firstly, $AMZN recently announced it's halting construction on 5 office towers in...

Anyone else finding the process of opening MYGAs and doing what should be 'simple' things like setting up systematic withdrawals of interest a royal PITA? First issue - opened two MYGAs through Fidelity. One a 4 year, one a 5 year. Took longer than expected, but still < 2 weeks. Tried to...

Hey, everyone. Looking for recommendations for a "hub" bank with good checking and savings accounts - 1 day ACH (must-have), no fees, ATM reimbursement, etc. Any suggestions? TIA..

Hey, everyone..looks like we are in a the midst of a big downdraft with no end in sight. So, curious where you all think the bottom may be, and how long it will take to get back to 4,749 on the S&P (close level on 12/31/21)? The market is facing huge, unprecedented headwinds and is at least...

Hey, everyone..looking for some friendly advice.. My sis (6 years younger than me) has always struggled financially (lives mostly paycheck to paycheck, little in savings, always has more bills than she can pay, etc) but often takes a very lackadaisical view when it comes to caring about what...

Curious if anyone is buying into the Rivian (RIVN) IPO today. I have a nephew that works in Engineering there who's pretty excited about the IPO and things in general..no inside info, though (and wouldn't share if I did). Seeing pre-open that it's already expected to open at $125+ even...

Hey, everyone. We have accumulated dividends in a CD (actually a CU Certificate) that have been reported on 1099s previously, and that we paid taxes on. But we also have Certificate interest this year (2021). I assume we can pull the accumulated dividends that were paid out pre-2021 without...

Hey, everyone. Wondering how many of you have had issues getting pre-authorizations for medical tests or procedures approved? I need a MRI for the (likely) shoulder injury that happened when I got the first COVID shot. The pain is moderate and enough to wake me at night. So, I went to my...

Hey, everyone..quick question on using IRR (which I candidly haven't ever fully figured out) in Excel.. As an overly simplified example..assume a scenario where a person invests $10K at the beginning of every year for 3 years, and there's a 7% return in years 1 and 2, and a 6% return in year 3...

Hey, everyone..we were fortune to be able to get an appointment for the Pfizer vaccine only 2 days in to things opening up for our group (50+ with existing health conditions) and were at first super happy and excited - until an email randomly came in talking about the severe adverse affects...

Hey, everyone. Wife and I are looking at building our retirement home but have been really taken back by the cost of new construction, which for anything halfway decent is running roughly $250/sq ft here in SE MI. We have a lot of family in the area, so moving out of state is not really an...

Thought some of you contemplating ER may be interested in my experience just now pricing ACA plans as my COBRA is now ending 18 months after my own ER.. First, I have a grand total of ONE PPO provider (BCBS) to "choose" from in my area. ONE. Cheapest PPO in my zip code is $652.91, with a (get...

Anyone else see that Jeff Gundlach expects we are "going to re-test the lows" and has shorted the S&P (4/27/20) at 2,863? I don't listen / pay attention to many Wall Street prognosticators..but this is Jeff freaking Gundlach! Founder of DoubleLine Capital. I own some of his funds. The guy...

Working on our Wills, and have a financial institution that does not support listing TOD beneficiaries (unbelievably) on a joint account. So, we need to cover how that account would be distributed across our two families in the event we both are deceased. For a scenario like this, how would we...

Any other CenturyLink (CTL) holders here? Wondering what you guys think of the dividend cut this week (from $2.16 to $1.00 annually), especially after management assured their investors multiple times in 2018 and even as recently as December (!) that they were "comfortable" with the existing...

Pretty good and interesting article on how true happiness is typically achieved by having more time, vs. more money. Article's pretty long so I never got through the entire thing, but there are some pretty insightful points made including data from studies that back up the findings...

Hey, gang. Well, after a very long transition (announced /started end of Summer and only finished last Friday), I'm officially "done" and have ER'd. It's been really weird. I keep picking up my phone to check email and all that's there is a (not so) friendly message saying "The Administrator...

Just saw this interesting summary of major analyst forecasts for 2019. Interesting that the "worst case" (from Morgan Stanley) is an increase of 16% (!) from current levels. Others (Goldman Sachs, Citigroup, Wells Fargo, ...) are far more optimistic...