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We are now retired for quite some time and doing fine financially. CD rates are at about 5% and I moved a considerable portion of our portfolio into CD’s. I use various online banks (Synchrony, Ally, Discover to name a few). Since Firecalc has us at 100% with this form of investing we’re...

I have a bunch of CD’s and most are in the 3-4% range. I take most out for 12-24 months. These are Traditional IRA’s. I found one that is exceptionally low (what I was thinking back then I’m not sure)! However, it’s only .6%. I want to close it, take the fine, and open a 4% one instead. This is...

If I redeem a bond in 2023 that has matured in 2022 will I pay taxes on the interest in 2023?

We have a 2019 Honda CRV, 55k miles in very good shape. I love the model and our local Honda has always been excellent to work with. (We’ve owned 4 Honda’s) Recently a neighbor came home with a 2022 brand new CRV. They said they went to do a routine oil change and spoke to them about turning...

My DH took a consultant job with his prior company. We both use I-pads primarily and have an older laptop that we share so he bought himself a new laptop and uses it solely for work. I read on the IRS website that as long as he uses it solely for business it can be deducted in full (it was...

In this scenario are we covered (all money is at same institutions) 1). Husband has $250k in IRA 2) Wife has $100k in IRA 3). They have a joint CD for $150? In other words, since he already has $250 in his name does any of the joint CD count? Does it get split in terms of coverage? (His...

I’m old school and save papers. However, I’m a purger. I go through my files twice a year and purge. My DH rarely will do this. In fact, he insists I keep his grades from college🙄 I have a 4 drawer file cabinet that we keep in a closet. I purged it down to 3 drawers and I know I can get it to...

I do read this forum regularly and have spent a good deal of time learning finances. However, I am not able to get the answer I need. I-Orp, no matter how I’ve tried to use it, I can’t understand the answers! So, here’s the situation: Married, 66&68, retired 9 years. Most of our portfolio is...

My DH gets spousal on my SS. I filed early but he was FRA. Now the social security online site will not show how much he can get on his own record. Any help for how to figure this out on our own? I have all of his earnings. Thank you

We have our IRA in Vanguards Wellesley and the Index 500. We are thinking of closing the Index 500 and moving it all to Wellesley. We are realizing that having the Index 500 might not be necessary as it follows some similar companies. Opinions are appreciated.

Most of our retirement money is in traditional IRA. Our AA is 40/60. Predominantly in FXAIX (Fidelity Index 500) as well as Vanguard VTTVX (2025 retirement fund) and some in Vanguards Municipal Bonds. The cash is in CD’s. As we all know the rates are non existent. As things are coming due...

Hello. Our situation: We bought our new home in March 2020. Sold our prior home Aug 2020. First sale fell apart day of closing due to Covid...buyer lost his job. Thankfully we didn’t need the cash from that sale to move forward on our current home. I seem to be reading and hearing a variety of...

Looking for some recommendations for books for my son. He has put his 401K on autopilot with Fidelity in their Target Fund. I’d like to buy him some basic books on insights and understanding of the importance of saving and investing. Thank you.

My husband and I are at the point that we have questions only a qualified person can answer. We cannot do this on our own. Questions such as 1. How to figure out if converting tIRA makes financial sense in our particular situation. 2. By waiting for SS until 70 for DH (his is significantly...

Can someone answer this question for us: What are the pros and cons of Vanguard’s Short Term, Intermediate and Long Term Tax Exempt Municipal Bond Funds? Thank you.

6 weeks ago, a day before closing our buyers backed out. We were able to purchase our new home still but we are in a difficult situation. It is now empty (it showed quite nice when I had it furnished) and obviously no one is looking. I had one showing and it turned out to be only a realtor...

I was offered a freelance job which can easily be done in the home. Because I did not anticipate this I got a healthcare plan with a subsidy. If I take the job it’ll put me over the cliff. I’ll have to pay an additional $5500. I informed the company that they would have to pay this amount or...

Maybe I worded the title incorrectly but here’s the story. DH was a consultant last year for a company that was sold to an overseas company. Money he received was deposited into our bank account. It included expenses as well as earned income and no taxes were taken out. We sent estimated taxes...

When I told my DH I was going to ask you all this question he looked at me and said, “you know the answer”. I kind of do, but, still... I sold a rental condo Dec 19 to a young couple. The selling agent is a friend and the buyers agent happens to be a neighbor of mine. Yesterday I saw my...

This is the 2nd time in less than 3 months. Anyone else with this problem? I get a text immediately when it is used. Yesterday I got a text from an airline in Canada for over $400. Called them immediately and now once again I have to stop my auto payments. I’ve been transferring them to my...

I’d appreciate the guidance of the very qualified people on this forum. We retired 5 years ago and DH was asked to do consulting work this year. Should end by end of year. I just turned 64. We are not near the $170,000 cap on MAGI earnings for 2019 so I am not worried about the additional...

A short time ago there was a thread and people suggested companies that they use(d) for medical insurance while working (or traveling) overseas. My husband, a contractor, will be overseas for 2-3 months. He used to be covered by his company, but since retiring he is not. He’s on Medicare and...

Not sure how to proceed as this has never happened before. My husband retired 5 years ago. He has done some consulting work for the company that employed him on and off. He was contacted late last year to do a 6 month (approximately) project. He signed a PSA (personal service agreement). Payment...

We’ve reached that point where we have accumulated what we feel will be comfortable for us in retirement. We retired a few years ago in our early 60’s and DH did some consulting work to give us a little bit of money so our withdrawals weren’t significant at all. We haven’t started SS and will...

We’re in our early 60’s, retired 4 years now. No pensions, not taking SS yet, Firecalc and Fidelity say we’ll be fine. We get subsidy for HC. We have most of our money in tIRA. We haven’t moved it to Roth because we’re nervous about getting hit with higher subsidy. SS can start next year. Not...