Search found 3862 matches

Go to advanced search

by Sheepdog
Thu May 21, 2015 1:24 am
Forum: Personal Finance (Not Investing)
Topic: Calculator to Determine How Much Income Retiree Can Make Before Paying Taxes
Replies: 9
Views: 1273

Re: Calculator to Determine How Much Income Retiree Can Make Before Paying Taxes

Remember that how much income a retiree can make before paying taxes is also determined by their deductions. I usually have more itemized deductions than the standard deduction ($12,400 was the standard deduction for married filing jointly in 2014) so I am able to have more taxable income before tax...
by Sheepdog
Tue May 19, 2015 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: How do Bogleheads (in general) plan to finance their healthcare for later life?
Replies: 34
Views: 3412

Re: How do Bogleheads (in general) plan to finance their healthcare for later life?

My hearing aids cost about $2200 each and it is said that replacements will probably be needed about every 5 years or so. Eyeglasses are not insured either, except in the year in which I had cataract surgery. I heard somewhere that hearing aids are not covered by Medicare - is that true? It doesn't...
by Sheepdog
Tue May 19, 2015 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: How do Bogleheads (in general) plan to finance their healthcare for later life?
Replies: 34
Views: 3412

Re: How do Bogleheads (in general) plan to finance their healthcare for later life?

I'm 82. Is that later life? Or is 92 or 102? Medicare, Medigap and Part D has served us reasonably well. I did switch to an Advantage Plan in 2014 (my wife did not change) and so far that saved me over $1200 last year. We lack dental insurance so that can be expensive in some years. My hearing aids ...
by Sheepdog
Sun May 17, 2015 11:11 am
Forum: Personal Consumer Issues
Topic: Keep underground storm cellar (in Florida)?
Replies: 26
Views: 1110

Re: Keep underground storm cellar (in Florida)?

If it is a fallout shelter, fill it in. If it is a tornado shelter, I would keep it because Florida is the leading tornado state. My family went thru two tornadoes in Florida years ago and my sister was injured in one of those. Have an expert check it out to see if it is capable to withstand a torna...
by Sheepdog
Sun May 17, 2015 7:14 am
Forum: Personal Finance (Not Investing)
Topic: How much does social security factor into your retirement income?
Replies: 155
Views: 9011

Re: How much does social security factor into your retirement income?

FreedieG But I've seen a couple of mentions in this thread of "means testing" SS. Do they do that now, or are they proposing it? I guess I have been asleep at the switch. No, means testing is not used today, nor has it been proposed. That idea has been discussed in the press, and is all h...
by Sheepdog
Sun May 17, 2015 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Flood Insurance for Florida Condo High Rise?
Replies: 11
Views: 1073

Re: Flood Insurance for Florida Condo High Rise?

Probably the reason is that a big enough flood can collapse the building even though the water doesn't reach the 5th floor. The force of moving water can destroy a building. That could be especially true for buildings on Florida sand. Unlikely? Sure. But that's what insurance is all about. I have ea...
by Sheepdog
Sat May 16, 2015 10:27 am
Forum: Personal Finance (Not Investing)
Topic: How much does social security factor into your retirement income?
Replies: 155
Views: 9011

Re: How much does social security factor into your retirement income?

in 2013 and 2014 our Social Security receipts covered 43% of our expenses, so it has provided and continues to provide a significant portion of needs in my retirement, now in its 17th year. The remaining 57% came from our savings and investments. (Our investment total did increase slightly during th...
by Sheepdog
Thu May 14, 2015 7:41 am
Forum: Personal Consumer Issues
Topic: How to suggest downsizing to Parent
Replies: 23
Views: 2484

Re: How to suggest downsizing to Parent

I can't convince my wife for us to "downsize". Home is where she is and has been for decades. And, home equates to happiness. Good luck with your endeavor.
by Sheepdog
Thu May 14, 2015 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Amount needed for medical expenses in retirement
Replies: 14
Views: 1768

Re: Amount needed for medical expenses in retirement

These are our out-of-pocket medical expenses in my last 5 years in retirement. This may you give you some idea We are a retired couple ages 81 and 74 at the end of 2014. Our out of pocket medical expenses for the last 5 years were OUT OF POCKET MEDICAL EXPENSES (2 retirees).............................
by Sheepdog
Wed May 13, 2015 2:10 pm
Forum: Personal Consumer Issues
Topic: Car insurance ratings
Replies: 7
Views: 655

Re: Car insurance ratings

I obtained a quote from them last month because of good things I have heard, but, for me, their rate was way too high. Besides, I have no complaints with my AARP Hartford.
by Sheepdog
Mon May 11, 2015 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Which Company Do You Have Auto Insurance With?
Replies: 105
Views: 5265

Re: Which Company Do You Have Auto Insurance With?

AARP Hartford for auto. Selective Insurance for homeowners.
by Sheepdog
Thu Apr 30, 2015 11:47 am
Forum: Investing - Theory, News & General
Topic: Retirees - What would you have done differently?
Replies: 48
Views: 6532

Re: Retirees - What would you have done differently?

At 47 I was saving some, but not a heckuva lot, not to the standards needed today. (That would have been 1980....ancient history.) Defined benefit pensions were common. They would be around forever. Right? I had a pension coming and Social Security. Sure, I knew that we should have some savings to c...
by Sheepdog
Thu Apr 30, 2015 10:16 am
Forum: Personal Consumer Issues
Topic: New car every 5 years instead of 10?
Replies: 129
Views: 9832

Re: New car every 5 years instead of 10?

Well, my wife and I each buy a 1 to 2 year old car with around 12000 miles or less and keep them 8 years. We no longer buy new cars and haven't since the 90s. Rarely have we had to have major maintenance costs since then, and I can remember only one car requiring a partial brake replacement in the l...
by Sheepdog
Mon Apr 27, 2015 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Deceased Person - Idenity Thieft
Replies: 18
Views: 1216

Re: Deceased Person - Idenity Thieft

It has been my understanding that when Social Security is notified of a death, that person's Social Security number is removed from the active number files so that part of the decedents identity cannot be used. I take it you've not heard about the fraud with the SS Death Master File. Among other ar...
by Sheepdog
Mon Apr 27, 2015 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees who lease auto
Replies: 15
Views: 1668

Re: Retirees who lease auto

I will be 82 this year and I will buy a new car in 2016 Would I lease? No, I don't want to be responsible for a leased car and have to keep it somewhat pristine and having to be concerned about getting scratches at an auto wash. However, why should I suggest anyone to not lease. That is your choice.
by Sheepdog
Mon Apr 27, 2015 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Deceased Person - Idenity Thieft
Replies: 18
Views: 1216

Re: Deceased Person - Idenity Thieft

It has been my understanding that when Social Security is notified of a death, that person's Social Security number is removed from the active number files so that part of the decedents identity cannot be used.
by Sheepdog
Sun Apr 26, 2015 11:04 am
Forum: Personal Consumer Issues
Topic: Cost to deliver a baby today?
Replies: 23
Views: 1620

Cost to deliver a baby today?

What is the cost of prenatal, postnatal and baby delivery of a baby today? How did (do) you plan to cover the cost for yours? You may be interested and surprised in what it cost to have our first child in April,1964 and the length of hospital stay. This was in Pittsburgh, Pa. Physician's charges for...
by Sheepdog
Sat Apr 25, 2015 11:59 am
Forum: Personal Consumer Issues
Topic: Any classic car owners here?
Replies: 21
Views: 1849

Re: Any classic car owners here?

I did have until last week. I sold my 61 MGA.
by Sheepdog
Fri Apr 24, 2015 11:38 am
Forum: Investing - Theory, News & General
Topic: Do you Bogleheads really follow the 3-4% SWR rule?
Replies: 48
Views: 4687

Re: Do you Bogleheads really follow the 3-4% SWR rule?

No, I do not follow that "rule". I take out the amount I want and/or need, but I maintain a planned average withdrawal over the years. My average is maintained at 4.5%. I have withdrawn as high as 7.52% and as low as 3.11%, but the average stays.
by Sheepdog
Thu Apr 23, 2015 8:05 pm
Forum: Personal Consumer Issues
Topic: Blacktop Driveway Sealing
Replies: 20
Views: 1681

Re: Blacktop Driveway Sealing

My company sold our products to professional driveway sealer companies and they were known to water them down as much as 50%. That's really distressing! How do we know if they are doing this? Is the sealer thinner - how thin would a high quality sealer be? Do we see them adding water to their bucke...
by Sheepdog
Thu Apr 23, 2015 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Your homeowner and auto insurance annual rate increases?
Replies: 30
Views: 3353

Re: Your homeowner and auto insurance annual rate increases?

After being a long time claims free State Farm insurance customer, I switched to ANPAC, (American National Property and Casualty Companies), about 10 years ago. Their big draw is a 25% rebate on your annual premium payment IF and only AFTER you've been their customer for 3 claims free years. So for...
by Sheepdog
Thu Apr 23, 2015 2:49 pm
Forum: Personal Consumer Issues
Topic: Blacktop Driveway Sealing
Replies: 20
Views: 1681

Re: Blacktop Driveway Sealing

How often are roads sealed? Never Roads aren't sealed because they are not made with asphalt like your driveway. Roads are made with road asphalt concrete...two different animals. (I worked with a company which manufactured and sold sealers) Driveways should be sealed as I will note below. Buy the ...
by Sheepdog
Thu Apr 23, 2015 11:32 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds Poll
Replies: 72
Views: 3919

Re: Age in Bonds Poll

I followed Age in Bonds beginning at retirement at age 65. Before that bonds and stocks were haphazardly allocated. Being a much older investor than almost all of you, age-in-bonds gets ridiculous when you reach 80. I want less bonds than that so I stopped reducing stock at 24% stock (age 76), and k...
by Sheepdog
Thu Apr 23, 2015 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Your homeowner and auto insurance annual rate increases?
Replies: 30
Views: 3353

Re: Your homeowner and auto insurance annual rate increases?

UPDATE: It is now approaching 4 weeks since I started this conversation. Maybe you would be interested in this saga. As I mentioned in the beginning, my Selective homeowner's insurance rates were increasing dramatically annually from15 to 24% a year in recent years. I obtained quotes directly from ...
by Sheepdog
Tue Apr 21, 2015 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you pay in Property Taxes?
Replies: 188
Views: 10977

Re: How much do you pay in Property Taxes?

2000 sq. ft. brick home on 1/2 acre wooded lot in very nice Indiana neighborhood with very good schools.. $1048 annual property tax
by Sheepdog
Tue Apr 21, 2015 3:33 pm
Forum: Investing - Theory, News & General
Topic: Retirees: What is your SWR in retirement?
Replies: 45
Views: 4081

Re: Retirees: What is your SWR in retirement?

Mine has been and continues to be 4.5% AVERAGE withdrawal and not adjust for inflation. Actual withdrawals have been from 3.11% to 7.52%, but the average for 16 years is 4.58%. Have more I can spend more. Have less I must try to spend less. Expenses to pay for wants and needs in retirement are not c...
by Sheepdog
Sun Apr 19, 2015 12:04 pm
Forum: Personal Consumer Issues
Topic: Anyone here experience a change to a "right to work" state
Replies: 14
Views: 1472

Re: Anyone here experience a change to a "right to work" sta

How do I reply without being political, but let me try to relieve your worry a little bit. First, I am not anti union. I was factory manager of a profit making company which had increasing earnings with a union. The union negotiated and the company agreed to higher wages and benefits when it was eco...
by Sheepdog
Sat Apr 18, 2015 11:57 am
Forum: Personal Consumer Issues
Topic: What Is The Worst Car You Have Ever Owned?
Replies: 39
Views: 1884

Re: What Is The Worst Car You Have Ever Owned?

1958 Simca Aronde, a French made auto. I purchased it used in about 1966. What makes it the worst? Besides being noisy, poor steering and pickup, the engine mounts collapsed as I turned a corner and the engine fell to the ground! Sold for scrap.
by Sheepdog
Thu Apr 16, 2015 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Do you wish you retired earlier?
Replies: 28
Views: 3695

Re: Do you wish you retired earlier?

No. Why wish for something which cannot be changed. No regrets ever.
by Sheepdog
Tue Apr 14, 2015 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Does your family know about your net worth (ball park)?
Replies: 98
Views: 11533

Re: Does your family know about your net worth (ball park)?

1. Parents and sibling long gone, but they never knew my earnings or net worth. 2. I didn't know my parent's or sibling's actual net worth either, but I knew it was not much......less than $100k My wife's sibling does not know either, nor we theirs. I suspect they would be very surprised of ours. As...
by Sheepdog
Mon Apr 13, 2015 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Engineering as a career for a graduating HS student ?
Replies: 60
Views: 4474

Re: Engineering as a career for a graduating HS student ?

My son, a 1987 Purdue graduate mechanical engineer, advanced within a large conglomerate as an engineer in their aircraft divison, to their medical division, then as manager for a special corporate "Black Belt" trainer division, then became global director in their medical division and the...
by Sheepdog
Sat Apr 11, 2015 2:22 pm
Forum: Forum Issues and Administration
Topic: How does this site make money?
Replies: 39
Views: 5658

Re: How does this site make money?

Actually, PayPal charges the nonprofit 2.2% to 2.9% + transaction fee to process donations. From their site: How can my charity or nonprofit use PayPal to collect donations? . . . There are no monthly or set-up fees with donation button transactions. Your organization only pays processing fees when...
by Sheepdog
Sat Apr 11, 2015 9:27 am
Forum: Forum Issues and Administration
Topic: How does this site make money?
Replies: 39
Views: 5658

Re: How does this site make money?

It says they take donations by pay pal or check. How much of a cut does Pay Pal take? It is at least $5 or $10 worth of trouble to write a check, put it in an envelope, address it and mail it. Does Pay Pal take a percent or a fixed amount? There is no fee to use PayPal to transfer money from your c...
by Sheepdog
Sat Apr 11, 2015 9:15 am
Forum: Forum Issues and Administration
Topic: How does this site make money?
Replies: 39
Views: 5658

Re: How does this site make money?

Thanks for the reminder. I am sending my annual donation now. How about you?
by Sheepdog
Sat Apr 11, 2015 9:08 am
Forum: Personal Consumer Issues
Topic: Would you use your neighbor's son for yard service?
Replies: 33
Views: 2241

Re: Would you use your neighbor's son for yard service?

My two sons mowed lawns, cleaned leaves, etc. over about 12 years total for 2 kids. They put out flyers, were interviewed and they did enough to pay almost all of their out of pocket expenses, including gas money and auto insurance when they started driving, They did that, plus other odd jobs, in mi...
by Sheepdog
Fri Apr 10, 2015 9:27 am
Forum: Personal Consumer Issues
Topic: Has Anyone had a Credit Card Cancelled for not Using It
Replies: 51
Views: 3881

Re: Has Anyone had a Credit Card Cancelled for not Using It

I also have had several cards (Visa, Mastercard, store and gas) cancelled because of non use. I, in effect, cancelled them by non use.
by Sheepdog
Fri Apr 10, 2015 5:33 am
Forum: Investing - Theory, News & General
Topic: Target Retirement 2015 has Bonds = Age - 15%?
Replies: 3
Views: 547

Re: Target Retirement 2015 has Bonds = Age - 15%?

Target 2015 will gradually change to Target Income's 30% stock allocation over the next 7 years. It is generally recommended that the target date retirement fund stock allocation may not meet an individual's risk tolerance. (Vanguard's Target funds do have too high of a stock allocation for some peo...
by Sheepdog
Fri Apr 10, 2015 5:02 am
Forum: Investing - Theory, News & General
Topic: How does a retired person mitigate a Bond Bubble?
Replies: 46
Views: 5884

Re: How does a retired person mitigate a Bond Bubble?

Fortunately your mother has enough income to pay her expenses without touching her IRA. How will she mitigate a bond bubble? First, she has stocks within her Target Income Fund. Second, the bond's earned interest will grow as interest rates increase. If she keeps the bond containing investments for ...
by Sheepdog
Wed Apr 08, 2015 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Your homeowner and auto insurance annual rate increases?
Replies: 30
Views: 3353

Re: Your homeowner and auto insurance annual rate increases?

Following up my comment above, I am now in the process of obtaining new quotes from several companies on both auto and homeowner's insurance. So far, GEICO is higher on both. (No. They don't save me 15% or more!!) State Farm is higher on both as well AARP Hartford, although their rates are still sta...
by Sheepdog
Tue Apr 07, 2015 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3433

Re: Credit Report Very Low For No Reason? Fixing it?

Sublime8700 wrote:BTW is there any good way to get your FICO score without spending $50 on Experian?
If you have a credit card, check them. Many will give your FICO score for free. 4 of 5 of my cards do.
by Sheepdog
Mon Apr 06, 2015 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: What are you up YTD?
Replies: 328
Views: 40954

Re: What are you up YTD?

2015---+1.24%
From conservative investments containing 65.9% Wellesley, 10.2% Short term investment grade, 20.2% I Bonds and 3.7% Cds.
This is calculated ongoing by my Money 2002.
by Sheepdog
Sat Apr 04, 2015 7:18 pm
Forum: Personal Consumer Issues
Topic: LOL how long do you keep old tax returns
Replies: 39
Views: 3288

Re: LOL how long do you keep old tax returns

There was a Bogleheads poll last January. See this: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=155756&newpost=2337465 I wrote then " I am 81 and I have my 1040s since 1962. (1962 return...total wages $7,445 and total federal taxes $1,092.18) I don't have many supporting docume...
by Sheepdog
Sat Apr 04, 2015 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Your homeowner and auto insurance annual rate increases?
Replies: 30
Views: 3353

Your homeowner and auto insurance annual rate increases?

What is a respectable increase on insurance rates for auto and homeowner's insurance? My recent history: Homeowner insurance. I changed my insurance company in 2012 to Selective Insurance . They were the best quote that year. However, their rates increased 19% in 2013, 24.3% in 2014 and 15.5% in 201...
by Sheepdog
Tue Mar 31, 2015 10:24 am
Forum: Investing - Theory, News & General
Topic: Did you learn anything from 2008?
Replies: 105
Views: 9025

Re: Did you learn anything from 2008?

There will be a time when the market crashes and doesn't recover. I would caution against the "I knew all along it would come right back" line of thinking. No one knew at the time anything of the sort. Well, I did, or maybe you would rather I say I believed it would recover because the ov...
by Sheepdog
Sat Mar 28, 2015 4:19 am
Forum: Personal Finance (Not Investing)
Topic: Recurring utility bills - How do you pay?
Replies: 43
Views: 3162

Re: Recurring utility bills - How do you pay?

I auto pay from checking for some since all of our utility companies do not accept credit cards. Those recurring bills such as cable and telephone which will accept CCs are on CC auto pay.
by Sheepdog
Tue Mar 24, 2015 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Free Credit Report
Replies: 8
Views: 919

Re: Free Credit Report

http://www.annualcreditreport.com You can get one report free from each of the 3 agencies once every 12 months. (so some people get all 3 at once, and others get one report from a different agency every 4 months) And, if you have a spouse, you each can get 3 reports a year, and space them so that y...
by Sheepdog
Sat Mar 21, 2015 11:56 am
Forum: Personal Consumer Issues
Topic: One Level or Two Level House
Replies: 68
Views: 6087

Re: One Level or Two Level House

Our son purchased a new 2 level home and moved in on Thursday. He is located about 200 miles away. I helped him move in that day and am disappointed that he purchased that instead of a single story. He didn't think about it. We can't visit him now as all 4 bedrooms are on the second level. There is ...
by Sheepdog
Sat Mar 21, 2015 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Reduced Spending thru Retirement? Models or Data
Replies: 6
Views: 783

Re: Reduced Spending thru Retirement? Models or Data

There are studies, but individuals seldom match a study. Mine doesn't. All retires are not the same. Spending, of course, relates to how much has been saved and how much other income you may have. What is your lifestyle? We bought cars on a scheduled basis before retiring. We traveled domestically a...
by Sheepdog
Fri Mar 20, 2015 3:37 pm
Forum: Personal Consumer Issues
Topic: New washing machine won't fit down basement steps.
Replies: 32
Views: 3159

Re: New washing machine won't fit down basement steps.

From Walmart : Danby 1.7 Cu Ft portable washer (21.44 " wide, 21.63'' long, 33.88 high) http://www.walmart.com/ip/19424150?wmlspartner=wlpa&selectedSellerId=0&adid=22222222227015530951&wl0=&wl1=g&wl2=c&wl3=40344098432&wl4=&wl5=pla&wl6=78307695752&veh=sem ...
by Sheepdog
Fri Mar 20, 2015 11:21 am
Forum: Investing - Theory, News & General
Topic: An inspiring message for Bogleheads
Replies: 56
Views: 4507

Re: An inspiring message for Bogleheads

Peter's story is wonderful and a tribute to all of the Bogleheads and it's predecessor, Morningstar's Vanguard Diehard forum. The latter had it's 17th anniversary yesterday (started 3/19/98). Imagine how many people are succeeding because of that start and the succeeding Boglehead founding. I found ...

Go to advanced search