Archive for October, 2007



62/70 Solution

Wednesday, October 31st, 2007

Interesting SS strategy.
http://finance.yahoo.com/focus-retir…-post-spending

Quote:

Part of why the 62/70 solution works is something known as joint mortality. Consider a husband and wife, both born on Jan. 1, 1950. When they become eligible for Social Security at 62, the wife will have a projected life expectancy of 84 years and 8 months. That roughly means there’s a [...]

Crude up 4.15 today over 94 fed lowers 1/4 pt, Sorry but trouble looms.

Wednesday, October 31st, 2007

Business and Financial News - New York Times
I know I know, bearer of bad news the sky is falling stuff, BUT… The dollar is worth you know what oil is purchased in dollars 100+ a barrel is next week at this rate and 5 dollar gasoline is here in feb or sooner. The american [...]

Vanguard Managed Payout aka Harvard Endowment Funds

Wednesday, October 31st, 2007

Havent seen this thrown about over here yet, but its everywhere else.
Vanguard to Broaden Retirement Income Solutions with Three New Managed Payout Funds - - insurancenewsnet.com
Vanguard is launching a series of funds that offer managed payouts of 3%, 5% and 7%, while suggesting they’ll attempt to maintain the principal even or better than the CPI [...]

Good classified ad

Wednesday, October 31st, 2007

Attached Images

bike for sale.jpg (122.6 KB)

Durable Powers of Attorney–not good enuf for SS

Wednesday, October 31st, 2007

One of the fundamental recommendations of managing your own and elder parents’ financial affairs is to make sure Powers of Attorney are current and properly prepared. It was my impression this document would make sure I could deal with managing my elderly Mom’s financial issues and other needs when the need arose.
Apparently NOT!
Check out this [...]

Which 529?

Wednesday, October 31st, 2007

Since I get the state deduction no matter what plan I choose, I’m looking at Utah, MD, & Neb.
Anyone use these?

HSA Tax Analysis

Wednesday, October 31st, 2007

Here’s my first draft at answering the question:
How much do I benefit from leaving money in my HSA account for ten years, as opposed to using the funds immediately for medical expenses?
That is, how much benefit do I get from the tax free compounding?
To make it simple, I assume that the account makes x% [...]

Any advice in choosing new Mattress?

Wednesday, October 31st, 2007

I am looking for input on what type of mattress to purchase. I’ve been looking around at the memory foam types as well as other pillow top models. Costco has a pretty good deal on a memory foam model that is pretty inexpensive (compared to the Temperpedics and others). As one who experiences lower back [...]

Any Virus issues on Macs?

Wednesday, October 31st, 2007

No virus, spyware or malware on Macs?
Seems that every time someone posts about considering an Apple computer purchase, or posts about a virus issue, the Mac/Windows virus debate comes up. I thought, why not tackle the issue in a separate thread, rather than piecemeal and disjointed in other threads? So here goes:
Topic - virus & [...]

Which insurance to buy for rental car?

Wednesday, October 31st, 2007

Hi,
Sorry if this is in the wrong forum. I live in NYC, and have no car. I am going for vacation to FL and need to rent a car to drive across the state over an evening.
Which insurance should I purchase from the car rental place? I will probably use the EmigrantDirect mastercard to [...]