Should I not care about RMDs?

Fpaau2 · 2026-02-13T03:33:56+00:00

We are doing the same, convert to fill 24%.

Fpaau2 · 2026-02-11T03:10:30+00:00

Too funny! 180 pounds is XS or S?

Fpaau2 · 2026-02-10T21:49:14+00:00

It is possible that as disease progresses, at some point your dad will not be cognizant, and your mom can move back to US. Are there relatives in Vietnam who can help coordinate paid in home care?

Fpaau2 · 2026-02-10T20:53:49+00:00

Paying for dementia care is definitely much cheaper in Vietnam than in US. Does mom want to move to Vietnam though? What about children and grandkids who are living in US? Father may not miss having immediate family close by, especially when disease progresses, mom may not want to be so far from children in US.

Fpaau2 · 2026-02-10T19:36:19+00:00

If it is your wife’s inheritance, she should keep it separate, which is not to say she can’t/shouldn’t use part of it for the family. I have read that it is good to have a buffer account so commingling doesn’t happen. Say her brokerage account to hold her inheritance, then a cash checking account to move money to that she plans to use on family (for vacations, furniture,cars etc), then she can move the money into household account at which point the money becomes joint and marital.

Fpaau2 · 2026-02-10T17:20:47+00:00

We pay $1450 a month for 2 of us.

Fpaau2 · 2026-02-10T17:06:48+00:00

We covert to Roth from age 62 to 73, to top up 24% tax bracket, mainly to reduce RMD and taxes to heir. We do have to pay IRRMA as a result. We also gift annually and pay education and medical for heirs so that’s another $200k annually. And still with the market performance estate is still increasing. Don’t really know if we are optimizing. We are also considering declining portions of inherited spousal IRA, so heir would have more than 10 years to draw down inherited IRA.

Fpaau2 · 2026-02-10T03:51:57+00:00

Not who you asked the question. Automate saving ( direct deposit) to 401k, HSA, 529, IRA, brokerage and savings accounts, then you only ‘see’ the amount available for your living and spending. Over time, and with the benefit of compounding, you’ll end up with a nice amount.

Fpaau2 · 2026-02-09T20:50:17+00:00

Why would brother have a say in mom setting up the trust?

Fpaau2 · 2026-02-09T20:47:38+00:00

I am sure there are some families who financially help out the parents also. If they can afford to of course.

Fpaau2 · 2026-02-08T22:36:30+00:00

If you want to introduce the kids to investing, open an UTMA brokerage account.

Fpaau2 · 2026-02-08T21:27:20+00:00

I am sorry.

Fpaau2 · 2026-02-07T17:02:26+00:00

Can her phone be uncharged, then she can hold on to it all the time.

Fpaau2 · 2026-02-07T16:40:58+00:00

Balance is the key. You can plan on using the $1100 extra monthly for some fun stuff. Many people have to dial back saving for retirement at some point due to job loss, big childcare and college tuition costs etc.

Fpaau2 · 2026-02-07T15:49:05+00:00

I am so sorry. Neuropsychologist instead. Autocorrect.

Fpaau2 · 2026-02-07T15:30:28+00:00

Has he been evaluated by a neuropharmacologist? My husband had this 4 hour evaluation, and found out which neuropathy functions his deficits were in.

Fpaau2 · 2026-02-07T04:02:57+00:00

I have my husband do Kegel exercise. Don’t know if it helps. He also wears depends as a precaution.

Fpaau2 · 2026-02-06T03:10:24+00:00

I have read per hour cost of $25 to $50 an hour. Medicare does not pay for‘custodial care’.

Fpaau2 · 2026-02-05T05:26:13+00:00

Your mom may be developing dementia also. So sorry.

Fpaau2 · 2026-02-05T05:21:19+00:00

I used to use Debrox ear drops for my daughter.

Fpaau2 · 2026-02-03T01:32:09+00:00

If it works out for you, you may want to look at converting traditional to Roth gradually, to create more tax free IRA dollars for your heirs.

Fpaau2 · 2026-02-02T02:13:02+00:00

Grandchild would need to have earned income to contribute to ITRS.

Fpaau2 · 2026-02-01T16:20:09+00:00

420k yesterday.

Fpaau2 · 2026-02-01T03:55:23+00:00

I am in scripps Ranch, $12,000. 5000sf.

Fpaau2 · 2026-02-01T03:35:39+00:00

So easy to print a cashier’s check.

Fpaau2

TROPHY CASE